Retreat for Trinidad & Tobago stocks

Stock prices plunged Thursday, on the Trinidad and Tobago Stock Exchange, with the Composite Index shedding 6.49 points to 1,523.32, the All T&T Index fell 11.35 points to close at 2,127.38 and the Cross-Listed Index lost 0.18 points to settle at 122.91, with just two stocks rising, 11 declining and five remaining unchanged after trading picked up with 168 percent more shares changing hands with 417 percent higher value than on Wednesday.
A total of 18 securities traded similar to Wednesday, resulting in an exchange of 396,731 shares for $14,048,777 up from 148,186 units at $2,718,598, previously. An average of 22,041 units traded at $780,488 compared to 8,233 shares at $151,033 on Wednesday, with trading month to date averaging 41,320 units at $371,883 versus 42,372 units at $349,596. The average trade for December amounts to 21,703 units at $306,768.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and four stocks with lower offers.
At the close, Agostini’s fell 74 cents to close at $45 in trading 30 shares, Angostura Holdings ended unchanged at $19.99, with 314 stocks crossing the market, Ansa McAl declined $2.50 in closing at $57 trading 61,190 units. Clico Investment Fund rallied $1.50 to $30, with 89 stock units changing hands, First Citizens Group gained 25 cents to end at $64.75 in exchanging 885 stock units, FirstCaribbean International Bank finished at $6.14 in an exchange of 30 shares. GraceKennedy dropped 4 cents to close at $6.16 while exchanging 4,435 units, Guardian Holdings remained at $30 after 4,691 stocks crossed the market, JMMB Group slipped 4 cents to $2.47, after 5,224 shares changed hands. L.J. Williams B share shed 8 cents in closing at $1.72, with 2,025 stock units clearing the market, Massy Holdings shed 1 cent to $105.99 with the swapping of 77,085 stocks, National Enterprises remained at $3.25 after exchanging 15 units. National Flour Mills lost 5 cents after ending at $1.87 in switching ownership of 1,152 stocks, NCB Financial Group dropped 3 cents in closing at $8 after exchanging 224,190 units, Scotiabank fell $2 to close at $72 with an exchange of 3,146 stock units. Trinidad & Tobago NGL declined 1 cent in closing at $19.99 trading 390 shares, Trinidad Cement finished at $3.80 after 9,314 shares changed hands and West Indian Tobacco shed 1 cent to $27.98 while exchanging 2,526 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading falls on TTSE

Market activity resulted in more stocks rising than falling at the close of trading on Wednesday after an exchange of 81 percent fewer shares, with a 73 percent lower value than on Tuesday, at the close of the Trinidad and Tobago Stock Exchange.
A total of 18 securities traded compared to 19 on Tuesday, with four  rising, five declining and nine remaining unchanged. The Composite Index lost 2.35 points to 1,529.81, the All T&T Index lost 13.09 points to close at 2,138.73 and the Cross-Listed Index gained 1.28 points to settle at 123.09.
A total of 148,186 shares traded for $2,718,598 compared to 796,016 shares at $9,919,652 on Tuesday. An average of 8,233 units traded at $151,033 compared to 41,896 shares at $522,087 on the previous day, with trading month to date averaging 42,372 units at $349,596 versus 44,341 units at $361,051. The average trade for December amounts to 21,703 units at $306,768.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three stocks with lower offers.
At the close, Agostini’s lost 26 cents to close at $45.74 in trading 45 shares, Angostura Holdings ended at $19.99, with 742 stock units changing hands, Calypso Macro Investment Fund rallied $2.34 to close at a 52 weeks’ high of $19 while exchanging 6 units. Clico Investment Fund dropped $1 to end at $28.50, with 63,138 stocks crossing the market, First Citizens Group declined $1 in closing at $64.50 after 481 stocks changed hands, GraceKennedy finished at $6.20 trading 4,190 stock units. Guardian Holdings fell 20 cents in closing at $30 with an exchange of 562 units, Guardian Media remained at $3.10, with 2,000 shares crossing the exchange, JMMB Group popped 27 cents to $2.51 after exchanging 12,441 stock units. L.J. Williams B share finished at $1.80 in an exchange of 2,123 stocks, Massy Holdings ended unchanged at $106 in swapping 4,163 units, National Enterprises remained at $3.25 trading 3,000 shares. NCB Financial Group increased 2 cents to end at $8.03, with 3,607 shares clearing the market, One Caribbean Media ended unchanged at $4.20 in switching ownership of 50,000 stock units, Prestige Holdings held at $7.05 with the swapping of 688 stocks. Republic Financial Holdings shed $1.70 in ending at $141.30 after exchanging 130 units, Scotiabank climbed $1.99 to $74, with 820 stocks crossing the market and West Indian Tobacco finished at $27.99 with an exchange of 50 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading climbs but T&T market falters

Market activity picked on Tuesday and resulted in 54 percent more shares trading, with 148 percent higher value than on Monday, on the Trinidad and Tobago Stock Exchange, but trading ended with the market indices slipping at the close. 
The number of securities traded remained at 19 similar to trading on Monday and ended with four rising, five slipping and 10 unchanged.
The Composite Index fell 7.93 points to 1,532.16, the All T&T Index shed 4.14 points to close at 2,151.82 and the Cross-Listed Index shed 1.68 points to settle at 121.81.
Overall, 796,016 shares traded for $9,919,652 versus 516,896 units at $4,004,944 on Monday. An average of 41,896 units traded at $522,087 compared to 27,205 shares at $210,787 on the previous day, with trading month to date averaging 44,341 units at $361,051 versus 44,500 units at $350,629. The average trade for December amounts to 21,703 units at $306,768.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two stocks with lower offers.
At the close, Angostura Holdings remained at $19.99 with 270 shares changing hands, Clico Investment Fund increased 99 cents to close at $29.50 with an exchange of 29,992 stock units, First Citizens Group lost 50 cents in ending at $65.50 after trading 652 units. FirstCaribbean International Bank finished at $6.14 in an exchange of 1,971 stocks, GraceKennedy ended unchanged at $6.20 after 11,125 shares changed hands, Guardian Holdings rose 18 cents to $30.20 with 1,711 stocks passing through the market. JMMB Group declined 31 cents to end at $2.24 in trading 202,436 stock units, L.J Williams B share fell 4 cents to close at $1.80 while exchanging 823 units, Massy Holdings ended at $106, with 43,163 units crossing the exchange. National Enterprises remained at $3.25 with the swapping of 120,000 shares, National Flour Mills finished at $1.92 in exchanging 1,372 stock units, NCB Financial Group remained at $8.01 after trading 321,694 stocks. One Caribbean Media advanced 10 cents to end at $4.20 in an exchange of 50,000 units, Republic Financial Holdings ended at $143, with 3,081 shares crossing the market, Scotiabank shed $2.97 to close at $72.01 trading 563 stock units. Trinidad & Tobago NGL finished at $20 as investors exchanged 1,083 stocks, Trinidad Cement rallied 4 cents to $3.80, with 316 stock units clearing the market, Unilever Caribbean dropped 25 cents to $15.75 while exchanging 1,306 stocks and West Indian Tobacco ended unchanged at $27.99, with 4,458 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Another record close for Trinidad stocks

Add your HTML code here...

More records tumbled at the end of market activity on Monday and resulted in more stocks rising than falling at the close of trading of the Trinidad and Tobago Stock Exchange, after trading 65 percent more shares, valued 76 percent less than on Friday.
As was the case on Friday, 19 securities traded, with three rising, four declining and 12 remaining unchanged.
The Composite Index advanced 9.72 points to a record high of 1,540.09, the All T&T Index rose 10.87 points to close at another record of 2,155.96 and the Cross-Listed Index increased 1.19 points to settle at 123.49.
Overall, 516,896 shares traded for $4,004,944 compared to 312,597 units at $16,361,645 on Friday. An average of 27,205 units traded at $210,787 compared to 16,452 shares at $861,139 on the prior trading day, with the month to date averaging 44,500 units at $350,609 versus 45,699 units at $360,304. The average trade for December amounts to 21,703 units at $306,768.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and two stocks with lower offers.
At the close, Agostini’s finished at $46 after trading 518 shares, Angostura Holdings ended unchanged at $19.99, with 246 units clearing the market, Clico Investment Fund fell $1.49 to close at $28.51 in exchanging 24,630 stock units. Endeavour Holdings advanced 1 cent to $8 after exchanging 1,000 stocks, First Citizens Group remained at $66 in switching ownership of 355 shares, GraceKennedy lost 2 cents to close at $6.20 with the swapping of 51,513 stock units. Guardian Holdings dropped 23 cents in closing at $30.02 after exchanging 12,289 stocks, JMMB Group climbed 20 cents to $2.55 while 13,700 units changed hands, L.J. Williams B share ended unchanged at $1.84 with an exchange of 2,542 stocks. Massy Holdings finished at $106, with 5,897 units crossing the exchange, National Enterprises closed at $3.25 after 336,000 shares changed hands, National Flour Mills remained at $1.92 trading 2,428 stock units. NCB Financial Group ended unchanged at $8.01 in an exchange of 47,826 stock units, One Caribbean Media shed 10 cents to close at $4.10, with 100 stocks crossing the market, Prestige Holdings had an exchange of 12 shares at $7.05. Republic Financial Holdings ended unchanged at $143 in trading 312 units, Trinidad & Tobago NGL finished at $20, with 11,413 stocks changing hands, Unilever Caribbean rose 20 cents to end at $16, with 4,000 stock units crossing the exchange and West Indian Tobacco remained at $27.99, with 2,115 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

New ICTOP10 listings & more big gains

Long time Junior Market ICTOP10 listed Access Financial, finally broke away from resistance and jumped 31 percent for the week to $26.28, but traded at a 52 weeks’ high of $28 on Wednesday and just barely hung on to the top ten in the tenth spot.

Access Financial Services top performing ICTOP10 stock for the past week.

In the Main Market, Radio Jamaica rose 19 percent to $4.10, the 2021 ICTOP10 top performer, Caribbean Producers, climbed 5 percent and finally slipped out of the top 10 after a ride lasting more than a year and a gain of 573 percent, but the stock has more room for healthy gains.
Sagicor Group returns to the TOP10 Main Market and Stationery & Office Supplies returns to the Junior Market listing after an earnings upgrade, following a review of the forecasted numbers as the company continues to recover to pre-Covid-19 sales and  Fontana dropped out with a 4 percent rise, but has much more room to grow in 2022.
Junior Market Elite Diagnostic gained 10 percent to $3.50, Honey Bun rose 7 percent. AMG Packaging lost 10 percent to end at $3.05, Lasco Financial lost 8 percent, Caribbean Assurance Brokers fell 7 percent and General Accident slipped 5 percent.
The week ended with the supplies for some stocks becoming very limited, this applies to Access and Radio Jamaica. Newly listed Spur Tree Spices came in for profit taking on Thursday and Friday after the price peaked at $2.75 and closed the week at $2.15 a fall of 22 percent from the peak, which suggests suggesting more room for decline before the price bottoms. That could take it to around $1.95 based on declines from peak to through of some previous IPOs.
The sharp price movements in the Junior Market reduced the potential gains markedly, with the average increase projected for the TOP 10 Junior Market stocks now at 119 percent versus 122 percent last week.
The top three stocks are Lasco Distributors followed by Caribbean Assurance Brokers and Lasco Financial to gain between 131 and 150 percent, compared to 124 and 160 percent, previously.
The potential gains for Main Market stocks moved from 144 percent to this weeks’ 139 percent this week, with the top three stocks being Guardian Holdings followed by JMMB Group and Sygnus Credit Investments all projected to gain between 151 and 254 percent down from 161 and 257 percent last week.
After trading at a big discount to the Main Market for two years, the average PE for both the JSE primary markets have virtually merged around 16 times earnings multiple based on 2021 earnings, with the Junior Market looking poised to surpass the main Market soon. The difference in potential gains for both TOP10 listings shows the Junior Market with an average rise of 118 percent versus 139 percent for the Main Market. That is an indication that the Junior Market is priced slightly higher than the Main Market.
The Junior Market closed the week, with an average PE of 16 based on ICInsider.com’s 2021-22 earnings and is currently below the target of 20 and the average of 17 at the end of March last year based on 2020 earnings. The TOP 10 stocks trade at a PE of a mere 9.2, with a 43 percent discount to that market’s average.
The Junior Market can gain 25 percent to March this year, based on an average PE of 20 and 6 percent based on an average PE of 17. Twelve stocks representing 29 percent of all Junior Market stocks with positive earnings are trading at or above this level averaging 25.
The average PE for the JSE Main Market is 16.5 just 15 percent less than the PE of 19 at the end of March and 21 percent below the target of 20 to March 2022. The Main Market TOP 10 average PE is 8.7 representing a 47 percent discount to the market and well below the potential of 20. A total of 14 stocks or 30 percent of the market trade at or above a PE of 19, with most over 20, for an average roundabout 25, suggesting that the accepted multiple is between 20 and 25 times the current year’s earnings.
ICTOP10 focuses on likely yearly winners, accordingly, the list may or may not include the best companies in the market. ICInsider.com ranks stocks based on projected earnings to highlight winners from the rest, allowing investors to focus on potential winning stocks and helping to remove emotional attachments to stocks that often result in costly mistakes.
IC TOP10 stocks are likely to deliver the best returns up to March 2022 and ranked in order of potential gains, based on the possible increase for each company, considering the earnings and PE ratios for the current fiscal year. Expected values will change as stock prices fluctuate and result in weekly movements in and out of the lists. Revisions to earnings per share are ongoing, based on receipt of new information.

Persons who compiled this report may have an interest in securities commented on in this report.

Record high for Trinidad stocks

Investors pushed the Trinidad and Tobago Stock Exchange to record a high close of market activity on Friday as they moved the prices of 10 stocks up allowed four to slip and left five unchanged as the volume of shares trading, dipped while the value rose 33 percent compared to Thursday as stocks of 19 companies traded.
The Composite Index rose 17.67 points to close at a record high of 1,530.37, the All T&T Index rallied 36.19 points to an all-time high of 2,145.09 and the Cross-Listed Index shed 0.30 points to settle at 122.30.
A total of 312,597 shares traded for $16,361,645 compared to 360,139 units at $12,296,385 on Thursday. An average of 16,452 units traded at $861,139 compared to 18,955 shares at $647,178 on the prior day, with trading month to date averaging 45,699 units at $360,304 versus 47,878 units at $322,987. The average trade for December ended at 21,703 units at $306,768.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Agostini’s climbed $6 after ending at a 52 weeks’ high of $46 with an exchange of 19 shares, Angostura Holdings finished at $19.99 while exchanging 35 stocks, Clico Investment Fund rose 50 cents to $30, with 32,210 stock units changing hands. First Citizens Group popped $5.75 to end at $66, with 10,683 units clearing the market, FirstCaribbean International Bank remained at $6.14 trading 7,344 units, GraceKennedy increased by 2 cents in closing at $6.22 while exchanging 23,545 stocks. Guardian Holdings rallied 25 cents to close at $30.25 in exchanging 13,334 shares, Guardian Media lost 5 cents ending at $3.10 after 1,304 stock units crossed the exchange, L.J. Williams B share gained 4 cents to end at $1.84 trading 5,000 shares. Massy Holdings fell 25 cents to $106 as 122,818 stocks crossed the market, National Enterprises dropped 35 cents to close at $3.25 trading 61,793 stock units, National Flour Mills ended unchanged at $1.92 after 1,078 units changed hands. NCB Financial Group shed 4 cents in closing at $8.01 in switching ownership of 11,380 stocks, Prestige Holdings advanced 5 cents in ending at $7.05 in an exchange of 1,301 shares, Republic Financial Holdings popped $1.70 to $143 with the swapping of 25 units. Scotiabank gained $4.48 to close at a 52 weeks’ high of $74.98 after exchanging 7,524 stock units, Trinidad & Tobago NGL climbed $1.35 to end at $20 in trading 10,654 stocks, Trinidad Cement ended unchanged at $3.76, with 2,000 stock units passing through the market and West Indian Tobacco remained at $27.99 after 550 units changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Stocks pulled back on T&T Stock Exchange

Trading picked up Thursday with 41 percent more shares, passing through the Trinidad and Tobago Stock Exchange valued 77 percent higher than in trading on Wednesday and resulted in more stocks falling than rising and the market indices dropping at the close of trading.
A total of 19 securities traded compared to 18 on Wednesday, with six stocks rising, eight declining and five remaining unchanged. The Composite Index shed 13.95 points to 1,512.70, the All T&T Index fell 27.67 points to 2,108.90 and the Cross-Listed Index inched 0.10 points higher to 122.60.
A total of 360,139 shares traded for $12,296,385 compared to 255,751 units at $6,952,251 on Wednesday. An average of 18,955 units traded at $647,178 compared to 14,208 shares at $386,236 previously, with trading month to date averaging 47,878 units at $322,987 versus 50,207 units at $296,887 on the previous trading day. The average trade for December amounts to 21,703 units at $306,768.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Agostini’s popped 50 cents to close at a 52 weeks’ high of $40 while exchanging 100 shares, Angostura Holdings ended unchanged at $19.99 after exchanging 5,320 stocks, Ansa McAl advanced 20 cents to close at $59.50 trading 3,400 units. Ansa Merchant Bank dropped 48 cents in ending at $43.01, with 664 stock units clearing the market, Clico Investment Fund rallied 1 cent in closing at $29.50, with 47,771 units crossing the market, First Citizens Group dropped $5.66 to end at $60.25 in exchanging 1,634 stock units. FirstCaribbean International Bank shed 1 cent to $6.14, with 15 stocks changing hands, GraceKennedy fell 5 cents in closing at $6.20 with an exchange of 125,272 shares, Guardian Holdings finished at $30, with 21,435 units crossing the market. JMMB Group remained at $2.35 in trading 3,000 stocks, Massy Holdings climbed 13 cents in closing at $106.25 with the swapping of 19,517 shares, National Enterprises gained 9 cents to close at $3.60 in switching ownership of 28,510 stock units. NCB Financial Group rose 4 cents to $8.05 after trading 3,248 shares, Prestige Holdings lost 5 cents to end at $7 in an exchange of 500 stocks, Republic Financial Holdings shed $1.20 to $141.30 after an exchange of 40,344 units. Scotiabank ended unchanged at $70.50 with 280 stock units changing hands, Trinidad & Tobago NGL lost 95 cents in closing at $18.65 after exchanging 51,100 stocks, Unilever Caribbean fell 20 cents to close at a 52 weeks’ low $15.80 after trading 7,418 shares and West Indian Tobacco finished at $27.99 with the swapping of 611 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

TTSE composite index closes at record high

Market activity ended on Wednesday and resulted in slightly fewer stocks rising than falling at the close of trading, after 56 percent more shares were traded, with 41 percent higher value than on Tuesday at the close of the Trinidad and Tobago Stock Exchange.

New record high for the TTSE Composite Index.

A total of 18 securities traded compared to 20 on Tuesday, with three rising, five declining and 10 remaining unchanged. The Composite Index popped 17.43 points to close at a record high of  1,526.65, the All T&T Index surged 33.72 points to 2,136.57 and the Cross-Listed Index ended unchanged at 122.50.
A total of 255,751 shares traded for $6,952,251 compared to 163,749 units at $4,916,412 on Tuesday. An average of 14,208 units traded at $386,236 compared to 8,187 at $245,821 on Tuesday, with trading month to date averaging 50,207 units at $296,887 versus 53,179 units at $289,510 on the prior trading day. The average trade for December amounts to 21,703 units at $306,768.
Investor’s Choice bid-offer indicator shows two stocks ended with the bid higher than their last selling prices and one stock with a lower offer.
At the close, Agostini’s rose 50 cents to a 52 weeks’ high of $39.50 after exchanging 535 shares, Angostura Holdings ended at $19.99, with 2,855 stock units crossing the market, Ansa McAl shed 20 cents in closing at $59.30 after exchanging 1,313 stocks. Ansa Merchant Bank ended unchanged at $43.49 with the swapping of 1,115 units, Clico Investment Fund slipped 1 cent to end at $29.49 trading 12,279 stocks, First Citizens Group rallied $5.90 to $65.91 in an exchange of 492 units. GraceKennedy finished unchanged at $6.25, with 250 stock units clearing the market, Guardian Holdings dropped 33 cents to close at $30 while swapping 101,786 shares, JMMB Group finished unchanged at $2.35 after 3,200 stocks changed hands. Massy Holdings lost 12 cents to end at $106.12 in trading 16,179 shares, National Enterprises ended at $3.51 after an exchange of 6,750 stock units, NCB Financial Group remained at $8.01 after 65,394 units crossed the exchange. One Caribbean Media ended at $4.20 in switching ownership of 1,200 stock units, Republic Financial Holdings gained $1.25 in closing at $142.50 with an exchange of 217 units, Scotiabank finished trading of 1,500 shares at $70.50. Trinidad & Tobago NGL declined 40 cents to $19.60 in an exchange of 7,449 stocks, Unilever Caribbean remained at $16, with 16,237 stocks changing hands and West Indian Tobacco ended at $27.after trading 17,000 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

TTSE market indices plunge

Rising stocks outpaced those declining on Tuesday but a big fall in the price of First Citizens Group push the Trinidad and Tobago Stock Exchange into a big decline at the close of trading, after trading resulted in 29 percent more shares, changing hands with 66 percent higher value than Monday.
The market closed with 20 securities trading versus 21 on Monday, with nine rising, five declining and six ending unchanged. The Composite Index shed 12.12 points to 1,509.22, the All T&T Index lost 25.35 points to close at 2,102.85 and the Cross-Listed Index popped 0.29 points to settle at 122.50.
A total of 163,749 shares traded for $4,916,412 compared to 126,559 units at $2,961,338 on Monday. An average of 8,187 units traded at $245,821 compared to 6,027 at $142,771 on Monday. Trading month to date averaged 53,179 units at $289,510 against 57,724 units at $293,923 on the previous trading day. December ended with an average of 21,703 units at $306,768.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Agostini’s traded 151 shares at $39, Angostura Holdings gained $1.98 to end at $19.99 while exchanging 14 stocks, Ansa Merchant Bank fell 1 cent to close at $43.49 with an exchange of 200 stock units. Calypso Macro Investment Fund rallied 1 cent in closing at $16.66 after exchanging 1,451 units, Clico Investment Fund shed 50 cents in ending at $29.50 after an exchange of 74,705 shares, First Citizens Group dropped $4.99 to close at $60.01 after 1,500 stocks changed hands.  FirstCaribbean International Bank remained at $6.15, with 1,654 units crossing the exchange, GraceKennedy advanced 5 cents to $6.25, after trading 655 stock units, Guardian Holdings increased 33 cents to end at $30.33 with 200 stocks crossing the market. JMMB Group climbed 5 cents to $2.35 trading 5,341 shares, Massy Holdings popped 24 cents to close at $106.24, with 17,320 units changing hands, National Enterprises declined 24 cents to $3.51 after an exchange of 1,300 stock units. National Flour Mills lost 3 cents in closing at $1.92 after 2,200 units switched owners, NCB Financial Group rose 1 cent to end at $8.01 in switching ownership of 3,400 stock units, Prestige Holdings finished the trading of 100 shares at $7.05. Scotiabank finished at $70.50 in trading 6,641 stocks, Trinidad & Tobago NGL ended unchanged at $20, with 50 shares clearing the market, Trinidad Cement popped 1 cent to $3.76 with an exchange of 45,312 stocks. Unilever Caribbean remained at $16, with 485 stock units crossing the exchange and West Indian Tobacco advanced 49 cents to $27.99 with the swapping of 1,070 units.

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

Trading slips and TTSE falters on Monday

Market activity ended on Monday with more securities trading, resulting in 65 percent fewer shares changing hands as 41 percent less than on money entered the market compared to Friday, on the Trinidad and Tobago Stock Exchange and leading to an equal number of stocks rising and falling and in slippage in the market indices.  
At the close, 21 securities traded compared to 18 on Friday, with four stocks each rising and declining and 13 traded unchanged.
The Composite Index dipped 1.99 points to close at 1,521.34, the All T&T Index lost 5.76 points to end at 2,128.20 and the Cross-Listed Index increased 0.29 points to settle at 122.21.
Some 126,559 shares traded, for $2,998,201 compared to 358,635 units at $5,091,172 on Friday. An average of 6,027 units traded at $142,721 compared to 19,924 at $282,843 on Friday. Trading month to date averaged 57,724 units at $293,923 versus 63,857 units at $311,856. The average trade for December amounts to 21,703 units at $306,768.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Agostini’s traded 43 shares at $39, Angostura Holdings shed $2.49 after ending at $18.01 while exchanging 35,347 stock units, Ansa McAl fell 49 cents to $59.50 with 260 units changing hands. Calypso Macro Investment Fund remained at $16.65 in exchanging 709 stocks, Clico Investment Fund closed at $30 with an exchange of 6,798 units, Endeavour Holdings ended unchanged at $7.99 after swapping 4,615 shares. First Citizens Group declined $1 to close at $65 in an exchange of 155 stock units, FirstCaribbean International Bank popped 1 cent to end at $6.15 in trading 4,495 stocks, GraceKennedy finished at $6.20 with the swapping of 27,705 units. Guardian Holdings remained at $30 after 110 shares crossed the market, JMMB Group ended at $2.30, with 7,894 stock units changing hands, Massy Holdings remained at $106 with an exchange of 13,702 stocks. National Enterprises finished trading 2,667 stocks at $3.75, National Flour Mills finished switching of 340 shares at $1.95, NCB Financial Group remained at $8, with 10,474 stock units crossing the market. Prestige Holdings ended at $7.05 after trading 61 units, Republic Financial Holdings gained $1 to end at $141.25, with 10 stocks crossing the exchange, Scotiabank popped 50 cents to close at $70.50 after 399 shares crossed the exchange. Trinidad & Tobago NGL advanced 40 cents ending at $20 with the swapping of 9,904 stock units, Unilever Caribbean finished unchanged at $16 trading 809 units and West Indian Tobacco dropped 50 cents to end at a 52 weeks’ low of $27.50 after trading 62 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.