Declining stocks clobbered advancers by a wide margin again on Thursday as nearly five stocks fell for every one that rose and pushing all three leading market indices lower, with 488,591 units valued $11,813,231 traded versus 543,204 shares for $18,439,225 on Wednesday.
Trinidad & Tobago Stock Exchange Head Quarters
At the close, the T&T Composite Index declined by 4.32 points to 1,485.99. The All T&T Index fell 4.58 points to end at 1,901.62, while the Cross Listed Index closed with a decline of 0.55 points at 144.99.
The market closed with two stock rising, nine declining while seven remained unchanged as 18 securities changed hands up from 17 on Wednesday.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with the bids of five stocks higher than their last selling prices and five with lower offers.
Gainers| Clico Investment exchanged 160,044 shares and rose 5 cents to close at $28.50 and National Enterprises traded 450 units and gained 9 cents to end at $5.60.
Losers| Calypso Macro Index Fund slipped 3 cents trading 200 units and closed at $15.87, First Citizens Bank shed $1.11 in transferring 8,047 stock units to end at $47.05, Guardian Holdings declined by 29 cents to $22, with 21,698 units crossing the market. JMMB Group lost 2 cents to close at $2.10 after exchanging 174,625 shares. Massy Holdings fell 5 cents to $62.95 in transferring 49,769 shares, One Caribbean Media slid 25 cents to a 52 weeks’ low of $7.25, with 5,000 stock units crossing the market, Prestige Holdings lost 3 cents trading 500 units and closed at $9. Republic Financial declined by $1 to $144 in transferring 16,440 shares and 
Trinidad & Tobago NGL exchanged 7,950 stock units and dropped $1.50 to end at the lowest price of $17 since the stock was listed, in 2015.
Firm Trades| Angostura Holdings exchanged 663 stock units at $16.25, Ansa McAL traded 200 shares at $55.50, Grace Kennedy transferred 7,429 units at $3.75, National Flour closed at $1.47, with 100 units crossing the market. Scotiabank ended at $62.52, with 1,000 units changing hands, Trinidad Cement traded 30,368 shares at $1.75 and West Indian Tobacco exchanged 4,108 stock units at $38.
Prices of securities trading are those at which the last trade took place.
At the close, the JSE All Jamaican Composite Index declined by 1,576.07 points to close at 460,418.78, the JSE Market Index fell 1,540.81 points to 419,288.78 and the JSE Financial Index gained 0.26 points to 115.87.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows nine stocks ending with bids higher than their last selling prices and three securities closing with lower offers. The PE ratio of the market ended at 16.2, while the Main Market ended at 15.3 times the 2019 earnings.
Scotia Group dropped $2.40 to end at $51, after swapping 26,251 stock units, Seprod shed $2.05 trading 33,609 shares and closed at $41.95, Supreme Ventures closed at a 52 weeks’ low of $19, with a loss of 30 cents exchanging 77,295 shares. Sygnus Credit Investments closed at $18, after falling 91 cents with 187,246 units crossing the market, Victoria Mutual Investments closed 36 cents higher to $7.20, with 363,279 shares changing hands and Wisynco Group lost $1.50 to end at $16 after trading 1,072,786 stock units.
In the Main Market, Barita Investments gained 80 cents trading 59,211 shares and closed at $62.30, Berger Paints added $1 to end at $13, in transferring 1,800 units, Caribbean Cement shed $2.99 to settle at $55.01, in exchanging 66,781 shares, Eppley closed at $13.50, after losing $2.50 swapping 2,654 units. Eppley Caribbean Property Fund ended $2.30 lower to $37.70, with 45,951 shares changing hands, First Rock Capital added 41 cents to finish at $12, in transferring 41,882 shares, Jamaica Stock Exchange fell to $23.05, with a loss of 94 cents in exchanging 108,430 shares. Kingston Properties gained 34 cents trading 6,026,693 units and closed at $5.84, Mayberry Jamaican Equities lost 30 cents to close at $9.60, with 2,500 units changing hands, MPC Caribbean Clean Energy advanced $2.98 to $149.98, in trading 300 units. PanJam Investment ended the day at $87.80, with a loss of $1.20 after transferring 63,172 shares, Portland JSX Fund ended $1.50 higher to settle at $9, in swapping 5,408 units, Proven Investments gained $1 to finish at $39.50, after trading 18,556 stock units. Pulse Investments lost 60 cents to close at $9.40, with an exchange of 75,638 shares, Sagicor Group dropped $3 to end at $57, in transferring 209,650 shares. 
Scotia Group added $1.40 to end at $53.40, after swapping 1,495 units, Seprod gained $1 trading 493,572 stock units and closed at $44, Stanley Motta closed 35 cents higher to $5.20, with an exchange of 88,500 units, Supreme Ventures closed at $19.30, after losing $1.70 transferring 364,466 shares. Sygnus Credit Investments closed at $18.91, with a loss of $2.04 swapping 110,256 stock units, Victoria Mutual Investments ended 84 cents higher to settle at $6.84, with 446,117 shares changing hands and Wisynco Group gained 50 cents to end trading 501,131 shares at $17.50.
The market closed with 47 securities changing hands in the Main and US dollar markets with the prices of 13 stocks advancing, 27 declining and seven securities trading firm. The JSE Main Market activity ended with 43 securities accounting for 28,292,088 units valued at $246,450,479 in contrast to 28,587,236 units valued at $124,299,870 from 41 securities on Friday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows seven stocks ending with bids higher than their last selling prices and four stocks closing with lower offers. The PE ratio of the market ended at 16.7, while the Main Market ended at 15.9 times the 2019 earnings.
Sagicor Real Estate Fund closed 93 cents lower at $8.80, with an exchange of 9,592,783 shares, Salada Foods settled at $29, with gains of 50 cents trading 1,857 units, Scotia Group climbed $2 to $52, in transferring 523,149 shares. Seprod gained $1 exchanging 63,730 shares to end at $43, Supreme Ventures rose $1.30 and closed at $21, after trading 40,678 stock units, Sygnus Credit Investments closed at $20.95, with gains of $2.80 swapping 72,927 units. Victoria Mutual Investments ended 80 cents lower to settle at $6, with 987,897 shares changing hands and Wisynco Group dropped $1.10 to $17 in transferring 493,670 stock units.
Losers| Calypso Macro Index Fundshed 12 cents to end at $15.88 in transferring 200 units, Clico Investment lost 1 cent trading 407,500 units and closed at $28.60, Grace Kennedy shed 10 cents in trading 44,200 units to end at $3.75. JMMB Group lost 8 cents to end at $2.40, with 1,500 stock units crossing the market, National Enterprises declined by 14 cents to end $5.51 trading 200 units, One Caribbean Media fell 25 cents in exchanging 30,100 stock units to close at a 52 weeks’ low of $7.50. Prestige Holdings slipped 22 cents to $9.03, with 100 units changing hands and Trinidad & Tobago NGL transferred 2,498 shares and fell $1 to close at a 52 weeks’ low of $19.
The Market closed with an average of 697,250 units at $3,031,705 for each security traded, in contrast to 1,393,670 units valued at an average of $6,983,180 on Thursday. The average volume and value for the month to date amount to 734,052 units valued at $4,928,837 for each security changing hands compared to 924,613 units valued at $5,408,975 for each security traded. Trading in February resulted in an average of 624,731 units valued at $3,239,665 for each security.
Sagicor Group lost 50 cents, ending the day at $60.60, with 188,479 stock units traded, Salada Foods closed with a loss of 50 cents at $28.50 in swapping 535 units. Scotia Group ended at $50, after losing 50 cents in transferring 112,800 stock units, after it traded down to an intraday 52 weeks’ low of $40. Seprod declined by $3 exchanging 69,800 shares to close at $42, Supreme Ventures lost 30 cents to end at a 52 weeks’ low of $19.70, with an exchange of 211,976 units, Sygnus Credit Investments lost $2.35 to close at $18.15 while transferring 455,294 shares. Victoria Mutual Investments shed 70 cents to end at $6.80, in trading 382,192 stock units and Wisynco Group closed $1.90 lower to $18.10 in exchanging 439,672 shares.
Trading in February resulted in an average of 624,731 units valued at $3,239,665 for each security.
Supreme Ventures lost $1 to end at $20, with 73,161 shares changing hands, Sygnus Credit Investments closed at $20.50, with a loss of $3.30 swapping 124,690 shares. Victoria Mutual Investments lost 50 cents to end at $7.50, in trading 295,373 shares, Wisynco Group lost $2.45 in transferring 495,518 shares at $20, and in the preference section, Productivity Business Solution closed with 5,000 units crossing the exchange and rose $5 to $105.
The JSE All Jamaican Composite Index declined by 5,335.20 points to close at 505,830.27, the JSE Market Index dropped 4,832.90 points to 460,484.22 and the JSE Financial Index lost 1.47 points to 124.12.
Trading in February resulted in an average of 624,731 units valued at $3,239,665 for each security.
Sagicor Group dropped $3.90 to end at $61.10, with an exchange of 1,136,646 shares, Salada Foods closed at $34, with a loss of $1 trading 1,592 shares. Scotia Group ended at $52.50, after losing $1.51 transferring 179,479 shares, Seprod declined by $4.34 after exchanging 24,220 units and closed at $47.07, Supreme Ventures lost $1.35 to end at $21, in swapping 58,263 shares. Sygnus Credit Investments closed at $23.80, with a loss of 70 cents trading 43,363 stock units, Victoria Mutual Investments lost 50 cents to end at $8, with 669,559 shares changing hands and Wisynco Group shed 45 cents to settle at $22.45, in transferring 2,114,845 shares.
The T&T Composite Index slipped 3.32 points to close at 1,510.14. The All T&T Index dropped 9.81 points to end at 1,926.50, while the Cross Listed Index closed with a rise of 0.44 points to end at 148.16.
Calypso Micro Index Fund traded 1,840 shares at $16, Clico Investment closed trading with 228,730 units at $28.60, Grace Kennedy traded 1,000 units to close at $3.85. Guardian Holdings traded 18,187 shares to end at $22.25, National Enterprises traded 765 shares to end at $5.51.,NCB Financial traded 5,081 shares at $11.35, Point Lisas traded 194,126 shares at $3.75. Prestige Holdings exchanged 275 at $8.99, Scotiabank traded 10,180 units to end at $62.50, One Caribbean Media close at $7.75 while exchanging 1,100 shares and West Indian Tobacco closed at $39 while trading 300 stock units.
At the close, the JSE All Jamaican Composite Index plunged 14,424.69 points to close at 511,165.47. The previous biggest fall in the JSE Composite index was 12,616.74 points on October 18, 2018. The JSE Market Index nose-dived 13,201.50 points to 465,317.12 and the JSE Financial Index dropped 3.55 points to 125.59.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows eleven stocks ending with bids higher than their last selling prices and five closing with lower offers. The PE ratio of the market ended at 18.1, while the Main Market ended at 17.4 times the 2019 earnings.
Scotia Group ended at $54.01, after losing 49 cents and transferring 92,235 shares, Sterling Investments ended at $3, with a loss of 60 cents as 71,000 shares crossed the exchange. Supreme Ventures climbed $1.35 to settle at $22.35, in swapping 153,799 shares, Sygnus Credit Investments lost 50 cents to finish at $24.50, after trading 30,562 units and Victoria Mutual Investments gained 45 cents to end the day’s trade a $8.50, with 188,051 shares changing hands.