Rising stocks win out on Trinidad Exchange


Stocks rallied on Tuesday, with almost half of the active securities rising at the close on the Trinidad and Tobago Stock Exchange. Trading jumped 92 percent with the volume of stocks changing hands and the value climbing to twice that on Monday, resulting in 22 securities trading compared with 24 on Monday and ending with prices of 10 rising, three declining and nine ending firm.

The market closed with trading of 189,728 shares for $3,525,505 compared to 99,033 stock units at $1,761,395 on Monday.
An average of 8,624 shares were traded at $160,250 compared with 4,126 units at $73,391 on Monday. Trading for the month to date averaged 6,277 shares valued at $114,924 compared to an average for July of 11,986 shares worth $187,557.
The Composite Index rose 3.34 points to 1,013.93, the All T&T Index rallied 6.15 points to 1,460.48, the SME Index remained unchanged at 100.27 and the Cross-Listed Index popped 0.05 points to end at 75.07.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of the market, Angostura Holdings popped 25 cents to finish at $14.50 as 385 shares passed through the market. Ansa McAl climbed 10 cents to $37.50 after an exchange of 534 stocks, CIBC Caribbean Bank increased 1 cent in closing at a 52 week high of $9, with investors trading 578 stock units. Endeavour Holdings ended at $20 after a transfer of 25 shares, First Citizens Group remained at $42 as investors exchanged 25,277 stocks, GraceKennedy rose 1 cent to end at $3.70, with 15,271 shares passing through the market. Guardian Holdings rallied $1 in closing at $17 in an exchange of 114,339 units, Guardian Media ended at 82 cents with investors dealing in 121 stocks, JMMB Group gained 1 cent to finish at $1.07 in an exchange of 10 stock units. L.J. Williams B share advanced 5 cents to $1.25 with investors swapping just one share, Massy Holdings dipped 2 cents to close at $3.87 in switching ownership of 10,242 units, Medcorp sank $2 to end at $51 after an exchange of 20 stocks. National Enterprises remained at $2.06 with the trading of 305 stock units, National Flour Mills ended at $1.64 with 5,000 shares clearing the market, NCB Financial fell 1 cent to finish at a 52 week low of $1.92 with traders dealing in 5 stocks. Prestige Holdings remained at $13, with 140 units changing hands. Republic Financial rose 6 cents to end at $110.56 in trading 1,185 stock units, Scotiabank remained at $50.45 after it closed with an exchange of 3,850 shares. Trinidad & Tobago NGL rose 8 cents to $3.74 with 175 units being traded, Trinidad Cement ended at $2.10, with 1,516 stocks crossing the market, Unilever Caribbean increased 5 cents to finish at $14 with investors trading 1,000 stock units and West Indian Tobacco remained at $4.70 after an exchange of 9,749 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Weekly winners top Trinidad Exchange


Winning stocks topped losers by a wide margin this past week, on Trinidad and Tobago Stock Exchange for the first time in several weeks, with the market ending with 10 stocks rising and just 4 declining, compared with the prior week, as 14 fell and 8 rose, with main market indices just inching higher.

Unilever tops winners this week on the TTSE

The biggest price changes for the week were Unilever Caribbean, up $1 to $14, followed by Medcorp, with a rise of 50 cents to $53 and Agostini gaining 50 cents to end at $67. Angostura Holdings gained 44 cents to $14.50 and CIBC Caribbean Bank rose 23 cents to $8.99.
Ansa McAl dropped 85 cents to close at $37.50, followed by Guardian Holdings with a loss of 50 cents to finish at $15.50.
At the week’s close, the average PE ratio of the market ended at 17.82, based on 2024 earnings and 12.05, based on 2025 estimated earnings, suggesting a 48 percent potential gain for stocks in 2025/26.
Stocks with the potential to gain 50 percent or more when the market comes back to life, include CIBC Caribbean Bank 165 percent, Guardian Holdings, 400 percent, Medcorp, 150 percent, Republic Holdings at 140 percent, First Citizens Bank 90 percent, Trinidad Cement with 270 percent, Eric Solis 200 percent and One Caribbean Media with 400 percent.
Investors should watch Massy Holdings, with a 50 percent potential gain, Prestige Holdings, which could gain 60 percent and Scotiabank with the potential of a 60 percent gain.

Gains for Trinidad & Tobago stocks


Stocks ended with mostly gains on the Trinidad and Tobago Stock Exchange on Tuesday, following a 629 percent surge in volume of stocks trading, with the value jumping 293 percent more than on Monday, resulting from 23 securities trading, up from 20 on Monday and ending with prices of 10 stocks rising, six declining and seven ending firm.

The market closed with trading of 309,024 shares for $3,156,697 compared to 42,396 stock units at $804,184 on Monday.
An average of 13,436 shares were traded at $137,248 compared with 2,120 units at $40,209 on Monday. Trading month to date averaged 12,284 shares valued at $200,252 compared to 12,219 stock units at $204,347 on the previous day and an average for June of 21,123 shares at $212,612.
The Composite Index gained 0.44 points to end at 1,007.95, the All T&T Index lost 0.35 points to close at 1,458.70, the SME Index advanced 4.02 points to finish at 100.10 and the Cross-Listed Index popped 0.18 points to 73.60.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers.
At the close of the day, Agostini advanced 50 cents to end at $67 with an exchange of 2,602 shares, Angostura Holdings remained at $14.75, with 1,061 stocks crossing the market. Ansa McAl skidded 75 cents to finish at a 52 week low of $37.60 with trading in 1,139 shares. Calypso Macro Investment Fund popped $1.10 to end at a 52 week high of $23.40 after an exchange of 1,200 units,
CIBC Caribbean Bank sank 6 cents in closing at $8.70, with 10,000 stock units crossing the market, Eric Solis Marketing ended at $4 after a trading of 1,242 shares. First Citizens Group fell 20 cents to $41.80 with investors dealing in 5,873 units, GraceKennedy rallied 6 cents in closing at $3.68 and switching ownership of 222 units, Guardian Holdings shed 50 cents and ended at $15.50 with investors swapping 1,118 stocks. Guardian Media ended at 90 cents with 1 unit clearing the market, JMMB Group fell 1 cent in closing at $1.06 in an exchange of 1,540 shares, L.J. Williams B share remained at $1.08 after the trading of 165 stock units. Massy Holdings dipped 1 cent and ended at $3.94 and closed with an exchange of 162,721 stocks, Medcorp rose 25 cents to a 52 week high of $52.75 after trading of 111 shares, National Enterprises ended at $2.06 with a transfer of 333 stock units. National Flour Mills ended at $1.64 after investors exchanged 764 stocks, Prestige Holdings climbed 48 cents in closing at a 52 week high of $13.48, after 102,002 units passed through the market, Republic Financial increased 12 cents to close at $110.32 in an exchange of 2,793 stocks. Scotiabank rallied 20 cents to $50.45 with investors trading 3,791 shares, Trinidad & Tobago NGL increased 1 cent to close at $3.63, with 250 units changing hands, Trinidad Cement ended at $2.10 in trading 5,036 stock units. Unilever Caribbean climbed 17 cents and ended at $13.67, with 60 shares crossing the exchange and West Indian Tobacco popped 4 cents to end at $4.70 with investors trading 5,000 stocks.Prices of securities traded are those for the last transaction of each stock unless otherwise stated.

Big weekly losses on Trinidad Exchange


Stocks mostly declined on the Trinidad and Tobago Stock Exchange last week, with 14 falling and only 8 rising, compared to 10 to 6 at the close of the previous week, as the market lost 1.14 percent in value, following a 2.12 percent fall in the All Trinidad and Tobago index.

The market closed with big price changes last week.  Ansa McAl dropped $3.64 to close at $38.35, followed by a decline of $1.75 by Republic Holdings to end at $110.25, while recently listed Medcorp lost $1.50 to end the week at $52.50, Scotiabank shed 75 cents to close at $50.25. Guardian Holdings lost 85 cents in closing at $16, Angostura Holdings fell 69 cents to $14.06, Agostini lost 50 cents to end at $66.50 and Unilever Caribbean fell by 55 cents to $13.

Ansa Merchant Bank rose 99 cents to close at $38.99 and Endeavour Holdings popped 90 cents higher to $20.
At the week’s close, the average PE ratio of the market ended at 17.68, based on 2024 earnings and 12.04, based on 2025 estimated earnings, suggesting a 47 percent potential gain for stocks in 2025/26.
Stocks with the potential to gain 50 percent or more when the market comes back to life, include CIBC Caribbean Bank 175 percent, Guardian Holdings, 400 percent, Medcorp, 160 percent, Republic Holdings at 140 percent, First Citizens Bank 90 percent, Trinidad Cement with 270 percent, Eric Solis 200 percent and One Caribbean Media with 400 percent.
Investors should watch Massy Holdings, with a 50 percent potential gain, Prestige Holdings, which could gain 60 percent and Scotiabank with the potential of a 60 percent gain.

Falling stocks fill Trinidad Exchange


The Trinidad and Tobago Stock Exchange ended trading on Friday, with 21 securities changing compared to 20 on Thursday, with prices of four rising, eight declining and nine ending firm. Trading closed, with a 89 percent drop in the volume of stocks traded, with the value 73 percent less than on Thursday.

The market closed with trading of 71,295 shares for $845,273, down from 632,473 stocks at $3,084,241 on Thursday.
An average of 3,395 shares were traded at $40,251 compared with 31,624 stock units at $154,212 on Thursday, with trading month to date averaging 12,743 shares at $212,873 compared with 13,283 units at $222,832 on the previous day and an average for June of 21,123 shares at $212,612.
The Composite Index dipped by 1.77 points to close at 1,006.22, the All T&T Index sank 5.23 points to 1,455.14, the SME Index remained at 96.08 and the Cross-Listed Index gained 0.27 points to close at 73.63.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini shed 50 cents to finish trading at $66.50 with an exchange of 1,474 shares, Ansa McAl ended at $38.35 after trading of 75 stocks, CIBC Caribbean Bank climbed 6 cents in closing at $8.76, after 1,102 shares crossed the market. CinemaOne remained at $4.68 with traders dealing in 10 stock units, First Citizens Group rose 10 cents to $42 in an exchange of 2,739 stock units, GraceKennedy ended trading of 533 stocks at $3.69. Guardian Holdings sank 2 cents to $16, with 870 shares crossing the market, Guardian Media popped 5 cents to end at 90 cents in switching ownership of 82 units, JMMB Group dipped 1 cent in closing at $1.06 with investors trading 3,400 stock units. L.J. Williams B share sank 12 cents to finish at $1.08, with 385 shares changing hands, Massy Holdings ended at $3.94, with 22,511 units crossing the exchange. National Enterprises remained at $2.10 after a transfer of 8,055 stocks. National Flour Mills gained 4 cents to $1.64, after 6,152 stock units passed through the market, NCB Financial ended at $1.93 in an exchange of 5,000 shares, Point Lisas remained at $3.75, with 70 units clearing the market. Prestige Holdings dipped 3 cents in closing at $13.20 after an exchange of 1,500 stocks, Republic Financial lost 25 cents to finish at $110.25 and closed with an exchange of 1,457 stock units, Scotiabank skidded 25 cents and ended at $50.25 with investors trading 4,624 shares. Trinidad Cement ended at $2.10 after an exchange of 104 stocks, Unilever Caribbean fell $1 to finish at $13 with investors dealing in 1,500 units and West Indian Tobacco remained at $4.70 with a transfer of 9,652 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Medcorp jumped $7 to record high on TTSE


Medcorp jumped $7 to a record high of $54, with a 15 percent rise on Friday and nearly 13 percent since listing just two weeks ago, to be the leading price mover on the Trinidad and Tobago Stock Exchange and contributing to trading of 21 securities compared with 18 on Thursday and ending with prices of six stocks rising, seven declining and eight ended firm.

The market closed with the volume of stocks traded surging 145 percent valued at 365 percent over Thursday, to end with trading of 175,746 shares for $2,036,605, up from 71,632 stock $437,925 on Thursday.
An average of 8,369 shares were traded at $96,981, rising from 3,980 stock units at $24,329 on Thursday, with trading month to date averaging 12,558 shares at $244,263 compared with 12,893 units at $256,023 on the previous day and an average for June of 21,123 shares at $212,612.
The Composite Index gained 0.03 points to close 1,017.78, the All T&T Index advanced 1.26 points to close at 1,486.70, the SME Index remained unchanged at 96.08 and the Cross-Listed Index sank 0.18 points to cease trading at 72.25.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of trading, Agostini ended at $67 in an exchange of 150 shares, Angostura Holdings closed at $14.75 with investors trading 25 stock units, Ansa McAl slipped 1 cent to close at a 52 week low of $41.99 with traders switching ownership of 46 shares. CIBC Caribbean Bank remained at $8.60 after a transfer of 4,299 stocks, First Citizens Group shed 15 cents in closing at $42 with 4,427 stock units crossing the market, GraceKennedy sank 6 cents and ended at $3.59 in an exchange of 354 shares. Guardian Holdings ended at $16.85 with traders dealing in 135 stocks, JMMB Group ended at $1.06 after an exchange of 14,809 units, Massy Holdings remained at $3.95 with investors dealing in 60,120 stock units. Medcorp rallied $7 to finish at a record high of $54, with trading of a mere 5 shares, National Enterprises popped 5 cents to end at $2.10 with an exchange of 4,710 stock units, National Flour Mills gained 1 cent in closing at $1.65 with 59,645 stocks clearing the market. NCB Financial ended at $1.85 with investors swapping 1,500 units, One Caribbean Media rose 1 cent in closing at $2.25 with 197 stocks crossing the market, Prestige Holdings dropped 1 cent to finish at $12.99 in trading 10,975 shares. Republic Financial fell 10 cents and ended at $112, with 11,256 stock units, Scotiabank climbed 50 cents to end at $51 as investors exchanged 186 units, Trinidad & Tobago NGL remained at $3.61 as traders passed 120 shares through the market. Trinidad Cement slipped 7 cents to $2.03 with investors trading 445 stocks, Unilever Caribbean sank 45 cents to finish at $13.55 with 1,000 units crossing the exchange and West Indian Tobacco increased 20 cents and ended at $4.50 with 1,342 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Medcorp drops 15% listing on T&TSE


Twelve stocks declined on the Trinidad and Tobago Stock Exchange this past week, including newly listed Medcorp, dropping $7.20, down 15 percent from its IPO price of $48, while five gained, similar to the previous week.

The financial sector continues the negative movement, with three stocks declining and just one rising during the week. All stocks in the Conglomerate sector declined and four in the Manufacturing sector, with the price of one rising marginally.
Big movers in the past week, Ansa McAl with a fall of $1 to $42.50, One Caribbean Media fell 36 cents to $2.24 and Scotiabank lost 85 cents to close at $50.50, First Citizens Bank down 45 cents to $42.05, Unilever Caribbean fell by 38 cents to $14.02 and Point Lisas fell 40 cents to $3.60.
Agostini climbed 50 cents to $67 and CIBC Caribbean Bank gained 30 cents to $8.60.
At the week’s close, the average PE ratio of the market ended at 18.7, based on 2024 earnings and 12.5, based on 2025 estimated earnings, suggesting a 50 percent potential gain for stocks in 2025/26.

Stocks with the potential to gain 100 percent or more when the market comes back to life, include CIBC Caribbean Bank which could rise 180 percent, Guardian Holdings, a 370 percent potential gain, Medcorp, 230 percent, Republic Holdings at 140 percent, First Citizens Bank 85 percent, Trinidad Cement with 275 percent, Eric Solis with a 190 percent potential gain and One Caribbean Media with 360 percent.

Investors should watch Massy Holdings, with a 50 percent potential gain, Prestige Holdings, which could gain 60 percent and Scotiabank with the potential of a 55 percent gain.

 Steady trading for Bank on T&TSE


In a week when ten stocks fell and only five rose, banking stocks that lost much ground on the Trinidad and Tobago Stock Exchange in the previous week closed steadier at the close of the past week, just two stocks ended with minor losses and one with a small gain as the market indices suffered mild declines to close the week.

Image courtesy of suphakit73/FreeDigitalPhotos.net

Ansa McAl lost 50 cents to close at $43.50, One Caribbean Media fell 36 cents to $2.24 and Scotiabank lost 25 cents to close at $51.35.Endeavour Holdings jumped $1  to $19, Agostini climbed 50 cents to $66.50 and Unilever Caribbean was up by 50 cents to $14.40.

At the week’s close, the average PE ratio of the market ended at 18.8, based on 2024 earnings and 12.6, based on 2025 estimated earnings, suggesting a 50 percent potential gain for stocks in 2025/26.

Stocks with the potential to gain 100 percent or more when the market comes back to life, include CIBC Caribbean Bank which could rise 190 percent, the severely undervalued Guardian Holdings, a 370 percent potential gain, Republic Holdings at 140 percent, First Citizens Bank 85 percent, Trinidad Cement with 280 percent, Eric Solis with a 190 percent potential gain and One Caribbean Media with 400 percent.
Investors should watch Massy Holdings, with a 50 percent potential gain, Prestige Holdings, which could gain 60 percent and Scotiabank with the potential of a 50 percent gain.

 Bank stocks plunged in the week on T&TSE


All the banking stocks suffered big decline on the Trinidad and Tobago Stock Exchange this week, with First Citizens Bank dropping $1 to $42.50, Scotiabank falling by 90 cents to $51.60,  CIBC Caribbean Bank declining by 70 cents to $8.30, Republic Holdings down 45 cents to $112.05 and Ansa Merchant Bank losing 39 cents to $39. The only other declining stock of note is One Caribbean Media, down 40 cents to $2.60.

At the end of trading, prices of 8 stocks rose compared with 9 in the previous week and 11 fell, up from 6 last week, resulting in the Composite index losing 4.81 points or 0.47 percent, the All T&T index ending the week flat and the Cross-Listed index slipping 1.39 points or 1.88 percent.
Ansa McAl recovered the $4 lost in the previous week, to close at $44, Agostini climbed $1 to $66, Calypso Micro Index Fund gained $1 to finish at $24, Prestige Holdings, which jumped $1.35 last week, gained 70 cents to close the past week at $13.
At the week’s close, the average PE ratio of the market ended at 18.93, based on 2024 earnings and 12.66, based on 2025 estimated earnings, suggesting a 50 percent potential gain for stocks in 2025/26.

Stocks with the potential to gain 100 percent or more when the market comes back to life, include CIBC Caribbean Bank which could rise 190 percent, the severely undervalued Guardian Holdings, a 375 percent potential gain, Republic Holdings at 140 percent, First Citizens Bank 85 percent, Trinidad Cement with 250 percent, Eric Solis with a 190 percent potential gain and One Caribbean Media with 345 percent.
Investors should watch Massy Holdings, with a 50 percent potential gain, Prestige Holdings, which could gain 68 percent and Scotiabank with the potential of a 50 percent gain.

 Short week for T&T Stock Exchange


In a week on the Trinidad and Tobago Stock Exchange, shortened by public holidays on Thursday and Friday the closed with two big price movements, with Ansa McAl dropping $4 to close at a new 52 week low of $40, as investors continue their negative reaction to the ill-advised 3 year suspension of dividend payments, while investors reacted positively to a takeover offer for Prestige Holdings with the price jumping $1.35 to $12.30, having climbed 50 cents last week.

 At the end of trading, prices of 9 stocks rose compared with 7 in the previous week and 6 fell, down from 10 last week. The Composite index lost 3.86 points or 0.37 percent, the All T&T index lost 4.91 points or 0.32 percent and the Cross-Listed index slipped 0.38 points or 0.51 percent.

CIBC Caribbean Bank rallied 45 cents to $9, First Citizens Bank added 50 cents to close at $43.50 and Republic Holdings rose 48 cents to $112.50 and One Caribbean Media popped 30 cents to $3.

At the week’s close, the average PE ratio of the market ended at 18.84, based on 2024 earnings and 12.53, based on estimated earnings for 2025, suggesting a 47 percent potential gain for stocks in 2025.

Stocks with the potential to gain 100 percent or more when the market comes back to life, include CIBC Caribbean Bank which could rise 165 percent, the severely undervalued Guardian Holdings, a 375 percent potential gain, Republic Holdings at 140 percent, First Citizens Bank 80 percent, Trinidad Cement with 250 percent, Eric Solis with a 190 percent potential gain and One Caribbean Media with 300 percent.
Investors should watch Massy Holdings with a 50 percent potential gain, Prestige Holdings, which could gain 78 percent and Scotiabank with the potential of a 50 percent gain.