Trading jumped on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded rising 172 percent valued 308 percent more than on Friday following trading in 22 securities up sharply from just 12 on Friday and ending with prices of five stocks rising, six declining and 11 ended firm.
The market closed with the trading of 257,939 stock units for $6,058,813 compared with 94,765 stocks at $1,484,861 on Friday. An average of 11,725 shares were traded at $275,401 up from just 7,897 stock units at $123,738 on Friday, with trading month to date averaging 20,352 shares at $440,1760 compared with 20,907 units at $451,397 on the previous trading day and an average for November of 25,044 shares at $171,335.
The Composite Index shed 6.01 points to end at 1,071.39, the All T&T Index increased by 5.41 points to 1,577.33, the SME Index gained 0.06 points to conclude trading at 92.58 and the Cross-Listed Index lost 2.55 points to close at 74.18.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of trading on the penultimate day of 2024, Angostura Holdings remained at $14.85 with 324 shares traded, Calypso Macro Investment Fund skidded 7 cents to $23.60 after an exchange of 67 stock units, CIBC Caribbean Bank fell 25 cents to $8.25 after the transfer of 1,154 units. Endeavour Holdings ended at $18 with investors dealing in 10 stock units, Eric Solis gained 5 cents and ended at a record high of $4.25 after 193 shares were traded, Citizens Group remained at $40.45 after 134 shares were exchanged, GraceKennedy ended at $3.70 with traders dealing in 14 stock units. Guardian Holdings advanced 9 cents to $14.89 as investors exchanged 12,448 stocks, Guardian Media shed 5 cents to close at $1.15 after a transfer of 10 units, JMMB Group declined 1 cent to end at a 52 weeks’ low of $1.07 with investors swapping 226 stocks. L.J. Williams B share ended at 80 cents with 7,965 units crossing the exchange, Massy Holdings popped 11 cents and ended at $3.99 with investors trading 157,972 shares, National Enterprises slipped 1 cent to finish at $2.79 after trading of 1,320 stock units.
National Flour Mills remained at $1.70 in an exchange of 6,000 shares, Point Lisas ended at $3.28 with investors trading 1,000 units, Prestige Holdings closed at $11.30 with 10 stocks clearing the market. Republic Financial rallied 17 cents to end at $113 with the trading of 44,973 stock units, Scotiabank rose $1.49 in closing at $58.49 after an exchange of just 4 shares, Trinidad & Tobago NGL ended at $4.80 with 21,052 stocks crossing the market. Trinidad Cement remained at $2.50 after an exchange of 192 units, Unilever Caribbean ended at $11.40, with 2,257 stocks changing hands and West Indian Tobacco dipped 1 cent and ended at $5.59 with an exchange of 681 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Ansa Mcal jumped $7 to close the week at $67 on the Trinidad and Tobago Stock Exchange that closed with mixed fortunes with gains with the All Trinidad Index closing 0.4 percent lower and the Composite index rising 0.5 percent.
The market closed with prices of 11 stocks rising and 9 falling to be slightly more positive than the previous week that closed with 9 rising and 11 declining.
Stocks that could gain more than 100 percent when the market comes back to life, include CIBC Caribbean Bank with a possible gain of 230 percent, the hugely undervalued Guardian Holdings, a stock, with a 480 percent potential, Republic Holdings at 120 percent, Massy Holdings at 100 percent, Trinidad Cement with 350 percent, Eric Solis trading at a new high closes the week with a 400 percent and One Caribbean Media with 300 percent.
National Enterprises ended at $2.70 with investors trading 7,000 stocks, National Flour Mills remained at $1.70 and closed with 3,608 units changing hands, NCB Financial ended at $2.15 in an exchange of 312,737 stock units. Prestige Holdings gained 1 cent and ended at a 52 weeks’ high of $11.01 with 45 shares changing hands, Republic Financial rallied $3 to $115 with an exchange of 2,733 stocks, Scotiabank popped 55 cents to close at $57.55 with 64 units crossing the market and Trinidad & Tobago NGL climbed 2 cents in closing at $4.52 in switching ownership of 2 stock units.
A total of 129,847 shares were traded for $1,051,586, from 191,862 stocks at $1,239,785 on Wednesday.
At the close, Agostini’s dipped 50 cents and ended at $69.50 after a transfer of 443 shares, Angostura Holdings slipped 6 cents to $18 with investors trading 1,029 stocks, Calypso Macro Investment Fund declined 30 cents to close at $23.70 after an exchange of 12,050 units. Endeavour Holdings ended at $17 with trading of 10 stocks, First Citizens Group added 5 cents to close at $44.05 with investors exchanging 382 shares, FirstCaribbean International Bank fell 4 cents to $6.86, with 53,358 stock units changing hands. JMMB Group shed 1 cent to close at a 52 weeks’ low of $1.14 with traders dealing in 700 units, Massy Holdings popped 20 cents to close at $3.70 after an exchange of 11,884 stocks, National Enterprises ended at $3.21 after 25,101 units passed through the exchange.
Prestige Holdings dipped 8 cents to $12.70 with a transfer of 620 stocks, Republic Financial remained at $115 with 636 shares crossing the exchange, Scotiabank advanced 99 cents and ended at $63.99 in switching ownership of 200 stock units. Trinidad & Tobago NGL ended at $7 with 11,820 shares clearing the market, Trinidad Cement sank 30 cents in closing at $2.65 in an exchange of 11,564 stocks and West Indian Tobacco skidded 20 cents and ended at a 52 multi-year low of $8.30 with investors dealing in 50 units.