Market activity on Tuesday resulted in more stocks rising than falling in trading 44 percent fewer shares, with 21 percent lower value than on Monday, at the close of the Trinidad and Tobago Stock Exchange.
Trinidad & Tobago Stock Exchange Head Quarters
Sixteen securities traded compared to 20 on Monday, with five stocks rising, three declining and eight ending unchanged. The Composite Index rallied 0.48 points to 1,429.48, the All T&T Index fell 2.25 points to end at 2,062.85 and the Cross-Listed Index increased 0.48 points to settle at 105.27.
A total of 543,249 shares traded for $6,362,328 versus 972,898 units at $8,093,778 on Monday. An average of 33,953 units traded at $397,645 down from 48,645 shares at $404,868 on Monday, with trading month to date averaging 42,354 units at $455,656 versus 42,813 units at $458,820. Trading in March averaged 36,197 units at $438,630.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s gained 20 cents in ending at $46.20 after trading 1,282 shares, CinemaOne, ended unchanged at $3.25, with 399 units crossing the market, Clico Investment Fund remained at $29.75 in trading 75,987 stocks. First Citizens Group rose 50 cents to close at $52.50 after 2,358 stock units changing hands, GraceKennedy closed at $6, with 1,100 stock units clearing the market, Guardian Media ended unchanged at $3.20 with the swapping of 3 units. JMMB Group advanced 9 cents to $2.50 with an exchange of 6,278 shares, 
Massy Holdings climbed 1 cent to $5.25 with 373,169 stocks changing hands, National Enterprises declined 5 cents to end at $2.95 in an exchange of 389 stock units. NCB Financial Group remained at $6.10, with 29,240 shares changing hands, Republic Financial Holdings finished at $140.02 in exchanging 204 stocks, Scotiabank rallied $1.10 in closing at $81.10 in switching ownership of 12,498 units. Trinidad & Tobago NGL shed 1 cent to end at $20.59, with 21,482 units crossing the exchange, Trinidad Cement remained at $3.60, with 2,130 stocks crossing the market, Unilever Caribbean finished at $16 while exchanging 12,646 stock units and West Indian Tobacco lost 5 cents in ending at $23.85 after trading 4,084 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A total of 20 securities traded up from 17 on Friday, with seven rising, ten declining and three remaining unchanged. The Composite Index advanced 2.85 points to 1,429.00, the All T&T Index slipped 2.32 points to 2,065.10 and the Cross-Listed Index rose 1.17 points to 104.79.
Massy Holdings dropped 10 cents to close at $5.24 after trading 261,689 stock units, National Enterprises increased 5 cents to close at $3, with 40 stocks crossing the market, National Flour Mills rallied 20 cents, ending at $1.80 in trading 1,700 shares. NCB Financial Group gained 2 cents in closing at $6.10 after 3,515 units crossed the market, One Caribbean Media fell 3 cents to end at $4.15 trading 53,050 stocks, Republic Financial Holdings declined 73 cents to $140.02 in switching ownership of 2,271 shares. Scotiabank shed $1.10 to land at $80 in trading 1,883 stock units, Trinidad & Tobago NGL dropped 5 cents to $20.60 after exchanging 9,011 stocks, Trinidad Cement rose 8 cents in closing at $3.60, with 57,855 shares changing hands. Unilever Caribbean ended unchanged at $16 in switching ownership of 38,573 stock units and West Indian Tobacco lost 5 cents to close at a 52 weeks’ low of $23.90 with 555 units changing hands.
The Junior Market ended with three stocks rising from 8 to 15 percent. Caribbean Assurance Brokers climbed 10 percent for the week while Jetcon Corporation rose 8 percent to close at $1.40. Declining were Lasco Financial, down 8 percent and Access Financial and AMG Packaging, down 5 percent, as buying eased markedly following improved results released at the close of the market ahead of the Easter weekend. Investors seem not to be factoring in cost savings and increased efficiency that the newly installed machine brings to the business following the close of the recent quarter. With a 5 percent rise, Guardian Holdings was the biggest mover in the Main Market.
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.
A total of 17 securities traded similar to Thursday, with four rising, five declining and eight ending unchanged.
Guardian Holdings ended unchanged at $26.30 in switching ownership of 58 stocks, Massy Holdings declined 3 cents to close at $5.34 after trading 17,567 units, National Enterprises dropped 5 cents in closing at $2.95, with 1,000 units crossing the exchange. NCB Financial Group finished at $6.08 after 13,000 stocks passed through the market, Prestige Holdings popped 5 cents in closing at $7.10 with 1,300 stock units changing hands, Republic Financial Holdings climbed 75 cents to $140.75 in trading 5,392 shares. Scotiabank gained $1.10 to $81.10 with an exchange of 12,883 stock units, Trinidad & Tobago NGL remained at $20.65 after an exchange of 14,300 stocks, Trinidad Cement finished at $3.52 trading 203 shares. Unilever Caribbean ended unchanged at $16 while exchanging 33,515 units and West Indian Tobacco rallied 4 cents to end at $23.95 with the swapping of 2,410 shares.
A total of 17 securities traded compared to 16 on Wednesday, with six stocks rising, four declining and seven remaining unchanged. The Composite Index gained 5.90 points to end at 1,429.47, the All T&T Index popped 12.03 points to 2,055.15 and the Cross-Listed Index lost 0.09 points to settle at 106.42.
Guardian Media advanced 10 cents to $3.20, with 250 stock units changing hands, JMMB Group gained 1 cent to end at $2.43 in exchange of 887 units, Massy Holdings rose 27 cents to close at $5.37 in an exchange of 20,140 stock units. National Enterprises remained at $3 after 691 stocks changed hands, NCB Financial Group shed 12 cents in closing at $6.08 in trading 36,738 units, Republic Financial Holdings fell $1 after ending at $140 and trading 574 shares. Scotiabank ended unchanged at $80 with an exchange of 2,760 shares, Trinidad & Tobago NGL rallied 9 cents to close at $20.65, trading 49,047 stock units, Trinidad Cement finished at $3.52, with 125 units crossing the market. Unilever Caribbean ended unchanged at $16 in switching ownership of 20,290 stocks and West Indian Tobacco dropped 4 cents at $23.91 with 118 stock units clearing the market.
JMMB Group lost 1 cent to end at $2.42 in switching ownership of 700 units, L.J. Williams B share finished at $1.97 after 100 shares were exchanged. Massy Holdings ended at $5.10 with the swapping of 106,910 stock units, NCB Financial Group rallied 8 cents in closing at $6.20 after trading 63,945 stocks, ended at $141 after 472 units cleared the market. Scotiabank finished at $80 with an exchange of 4,184 stocks, Trinidad & Tobago NGL fell 5 cents to close at $20.56, with 21,154 units crossing the exchange, Unilever Caribbean remained at $16 in exchanging 9,817 stock units and West Indian Tobacco ended unchanged at $23.95 after 6,795 shares changed hands.
Just 15 securities traded compared to 23 on Thursday, with five stocks rising, four declining, and six remaining unchanged, leaving the Composite Index in slipping 1.15 points to 1,431.10. The All T&T Index fell 3.03 points 2,056.79 and the Cross-Listed Index popped 0.12 points to settle at 106.64.
Massy Holdings rallied 10 cents to $5.10 with an exchange of 156,651 units, National Enterprises remained at $3, with 6,000 stock units changing hands, National Flour Mills finished at $1.60 after 41,957 shares crossed the market. NCB Financial Group rose 2 cents to close at $6.12 after trading 10 units, Prestige Holdings fell 5 cents in closing at $7.05 in exchanging 2,964 stocks, Scotiabank remained at $80, with 3,000 stock units clearing the market. Trinidad & Tobago NGL added 1 cent to close at $20.61 in exchanging 11,408 stocks, Unilever Caribbean ended unchanged at $16 after 33,763 units crossed the market and West Indian Tobacco dipped 4 cents to a 52 weeks’ low of $23.95 with the swapping of 88,912 stock units.
But Elite is not the only Junior Market stock posting solid gains. Jetcon rose 18 percent to close at $1.30, against a background of one or more investors seeking to buy a sizable number of shares. AMG Packaging and Caribbean Assurance Brokers climbed 16 percent while tTech added 7 percent to close the week at $4. Price movements in Main Market were more subdued than in the Junior Market, with JMMB Group the biggest mover dropping 11 percent from $51.89 to $46.25, followed by Guardian Holdings with a fall of 4 percent.
General Accident returned to the Junior Market TOP10 as tTech dropped out and VM Investments returns to the Top10 Main Market as Jamaica Stock Exchange fell out.
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.
Guardian Holdings dropped 39 cents to $27.01 after exchanging 5,471 shares, JMMB Group popped 1 cent to close at $2.43 after 1,500 stocks crossed the market, Massy Holdings shed 10 cents to end at $5 with an exchange of 76,594 units. National Enterprises remained at $3 with the swapping of 202,764 stocks, National Flour Mills increased 5 cents in ending at $1.60, with 100 stock units changing hands, NCB Financial Group ended unchanged at $6.10, with 11,565 shares crossing the market. Point Lisas remained at $3.50 in exchanging 16 units, Prestige Holdings popped 30 cents in closing at $7.10, with 65 units changing hands, Republic Financial Holdings finished at $141 after trading 5,002 stocks. Scotiabank ended unchanged at $80 in an exchange of 36 shares, Trinidad & Tobago NGL ended at $20.60 after trading 250 stock units, Trinidad Cement rose 2 cents to $3.52 in switching ownership of 181 stock units. Unilever Caribbean climbed 10 cents to close at $16 while exchanging 5,566 shares and West Indian Tobacco finished at $23.99 in exchanging 13,080 units.
Guardian Holdings increased 39 cents in closing at $27.40 crossing the market 20,198 shares, JMMB Group finished at $2.42 in exchanging 218 stock units, Massy Holdings shed 43 cents in ending at $5.10 after switching ownership of 194,049 units. National Enterprises ended unchanged at $3, with 18,581 stock units crossing the market, NCB Financial Group remained at $6.10 after exchanging 32,730 units, Point Lisas ended unchanged at $3.50 with 3,425 shares changing hands. Prestige Holdings finished at $6.80 as 383 stocks changed hands, Republic Financial Holdings remained at $141 in an exchange of 1,232 shares, Scotiabank finished at $80, with 3,526 stock units crossing the market. Trinidad & Tobago NGL ended at $20.60 in exchanging 28,236 units, Unilever Caribbean dropped 10 cents in closing at $15.90 after an exchange of 41,704 stocks and West Indian Tobacco finished at $23.99, with 4,429 shares changing hands.