Market activity ended on Tuesday with more stocks declining than rising, leaving the market index with a big loss as the volume and value of stock trading fell 48 percent and 54 percent, respectively, than on Monday, at the close of the Trinidad and Tobago Stock Exchange.
Nineteen securities traded, down from 24 on Monday, with three rising, nine declining and seven closing unchanged.
The Composite Index lost 34.07 points to settle at 1,420.95, the All T&T Index fell 32.87 points to settle at 2,040.87 and the Cross-Listed Index lost 4.95 points to settle at 106.08.
A total of 460,033 shares traded for $5,267,557 down from 876,591 units at $11,470,015 on Monday. An average of 24,212 units traded at $277,240 compared to 36,525 shares at $477,917 on Monday, with trading month to date averaging 56,405 units at $470,274 versus 60,624 units at $495,568. The average trade for March amounts to 36,197 units at $438,630.
Investor’s Choice bid-offer indicator shows one stock ended with a higher bid than the last selling price and one with a lower offer.
At the close, Agostini’s declined 10 cents to $46 while exchanging 1,135 shares, Angostura Holdings rallied $1.70 in closing at $22 after trading 1,651 units, Ansa McAl shed 50 cents to end at $57, with 3,076 stock units clearing the market. Calypso Macro Investment Fund remained at $19 in trading five stocks, Clico Investment Fund dropped 50 cents to $29 after trading 15,997 stocks, First Citizens Group fell 40 cents to end at $50.60 after exchanging 1,048 stock units. FirstCaribbean International Bank lost 15 cents in ending at a 52 weeks’ low of $5.80 after 3,000 units crossed the market, GraceKennedy finished at $6 with the swapping of 190,499 shares, Guardian Holdings ended at $27.01 after 100 shares crossed the exchange. 
JMMB Group ended unchanged at $2.42 in switching ownership of 10,388 units, Massy Holdings dropped 7 cents to close at $5.53 in exchanging 64,270 stocks, National Enterprises gained 1 cent to $3, with 260 stock units changing hands. NCB Financial Group finished at $6.10 in an exchange of 47,986 stocks, Prestige Holdings lost 30 cents to end at $6.80 as just seven stock units passed through the market, Republic Financial Holdings declined 7 cents in closing at $141, with 856 units crossing the market. Scotiabank shed 50 cents to end at $80, with 5,650 shares changing hands, Trinidad & Tobago NGL increased 10 cents to end at $20.60 with an exchange of 26,865 shares, Unilever Caribbean remained at $16 after 66,196 stock units crossed the market and West Indian Tobacco remained at $23.99 in trading 21,044 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Stocks drop on the Trinidad Stock Exchange
Impressive gains for ICTOP10 stocks
ICTOP10 listed Jamaican Stock Exchange stock price surged to a 52 weeks’ high of $24 on Friday with a gain of 28 percent in the week as Caribbean Producers jumped 21 percent to $18.20, followed by a 12 percent gain in JMMB Group that closed the week at $51.89 after hitting a peak in the week of $61.24, on Tuesday, while Productive Business Solutions rose 12 percent to US$1.19.
In the Junior Market, Stationery and Office Supplies rose 12 percent to $7.88. Jetcon Corporation recovered lost grounds with a rise of 11 percent to end at $1.10, following knee-jerk reaction by investors to an article in one of the local newspapers in the previous week. Elite Diagnostic plunged 14 percent to $2.57 as a major shareholder sold a portion of their holdings. Caribbean Cream dropped 7 percent to $4.76 and Caribbean Assurance lost 6 percent to land at $2.25.
This stock is in limited supply and replaced Caribbean Producers in the TOP10. Coming into the Junior Market ICTOP10 is tTech that slipped in price and came in at the expense of General Accident. The latter will be a big beneficiary of the hike in interest rates on its $4.5 billion investment and cash funds.
Scotia Group is ICInsider.com’s new stock for the future that comes into the Main Market ICTOP10 at number 9, with projected earnings of $4.47 per share as the group generates increasing income from the sharp hike BOJ induced hike in interest rates on investments.
Transjamaican Highway, an ICTOP10 listing in the previous week, closed out this past week with a rise to an all-time high of $1.78 before closing at $1.70 for the week.
The average PE for the JSE Main Market TOP 10 is 6.2, well below the market average of 14.8, while the Junior Market PE for the Top 10 is at 5.4 versus the market at 12.9. The Junior Market TOP10 is projected to gain an average of 289 percent to May 2023 and the Main Market 192 percent.
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 shares that often result in costly mistakes.
IC TOP10 stocks are likely to deliver the best returns up to the end of May 2023. They are 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 are ongoing, based on receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.
Stocks rally in Trinidad on Friday
Market activity ended on Friday, resulting in more stocks rising than falling at the close of trading, after trading 85 percent fewer shares, with 72 percent lower value than on Thursday at the close of the Trinidad and Tobago Stock Exchange.
A total of 21 securities traded up from 20 on Thursday, with four stocks rising, six declining and 11 remaining unchanged. The Composite Index climbed 11.81 points to 1,450.00, the All T&T Index gained 6.08 points to close at 2,075.89 and the Cross-Listed Index rallied 2.51 points to settle at 109.25.
Overall, 453,136 shares traded for $3,627,650 versus 2,923,663 units at $12,996,516 on Thursday. An average of 21,578 units traded at $172,745 down from 146,183 shares at $649,826 on Thursday, with trading month to date averaging 65,404 units at $499,069 versus 74,607 units at $567,597. The average trade for March amounts to 36,197 units at $438,630.
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, Agostini’s fell 5 cents to end at $46.10 in trading two shares, Angostura Holdings rallied $1.79 in closing at a 52 weeks’ high of $22, with 11 units clearing the market, Ansa McAl ended unchanged at $57.50 in an exchange of 13 stock units. Ansa Merchant Bank increased $3 to close at $45 with the swapping of five stocks, Calypso Macro Investment Fund remained at $19, with 26 stock units changing hands, Clico Investment Fund finished at $29.50 in exchanging 6,916 units. First Citizens Group declined 1 cent to close at $51.99 after trading 1,223 stocks, FirstCaribbean International Bank finished at $5.95 while exchanging 1,128 shares, GraceKennedy shed 70 cents in ending at $5.30 after 47,965 stock units crossed the exchange. 
Guardian Holdings gained 15 cents in closing at $27.40 with 20 units crossing the market, JMMB Group lost 11 cents to end at $2.29 with 67,166 shares, Massy Holdings ended at $5.74 after exchanging 286,928 stocks. National Enterprises ended at $2.99 after trading 40 stock units, NCB Financial Group dropped 5 cents to close at $6.70 in switching ownership of 219 shares, One Caribbean Media finished at $4.13 after trading 3,051 units. Prestige Holdings ended unchanged at $6.90, with 25 stocks crossing the market, Republic Financial Holdings fell $1 to $141 with an exchange of 3,700 units, Scotiabank remained at $81 after an exchange of 1,731 stocks. Trinidad & Tobago NGL popped 63 cents to $20.62 in trading 7,251 shares, Unilever Caribbean finished at $16 after exchanging 11,648 stock units and West Indian Tobacco remained at $23.99 in switching ownership of 14,068 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks up on Trinidad Stock Exchange
Market activity on the Trinidad and Tobago Stock Exchange ended on Thursday and resulted in a 226 percent jump in the number of shares traded at a marginally higher value than on Wednesday as trading closed with more stocks declining than rising at the close of trading.
A total of 20 securities traded, up from 18 on Wednesday, with four stocks rising, eight declining and eight remaining unchanged and resulted in the Composite Index rallying 0.26 points to 1,438.19, the All T&T Index rising 5.57 points to 2,069.81 and the Cross-Listed Index shed 0.76 points to settle at 106.74.
A total of 2,923,663 shares were traded for $12,996,516 compared to 896,735 units at $12,132,467 on Wednesday. An average of 146,183 units traded at $649,826 compared to 49,819 shares at $674,026 on Wednesday, with trading month to date averaging 74,607 units at $567,597 versus 56,713 units at $547,040. The average trade for March amounts to 36,197 units at $438,630.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s ended trading unchanged at $46.15 with an exchange of 125 shares, Calypso Macro Investment Fund remained at $19, with 153 stock units crossing the market, Clico Investment Fund finished at $29.50 in trading 34,385 stocks. First Citizens Group remained at $52 in exchanging 1,243 units, FirstCaribbean International Bank finished at $5.95 in an exchange of 55 stock units, and GraceKennedy ended at $6 after 776,054 stocks changed hands. Guardian Holdings declined 1 cent to $27.25 after an exchange of 2,441 units, Guardian Media lost 2 cents in closing at $3.10, with 2,604 shares changing hands, JMMB Group shed 10 cents to $2.40 after 1,880,345 shares crossed the market. 
Massy Holdings popped 24 cents to $5.74 after exchanging 101,262 units, National Enterprises fell 1 cent to close at $2.99 while trading 4,400 stocks, National Flour Mills remained at $1.60 with the swapping of 6,316 stock units. NCB Financial Group jumped 64 cents in closing at $6.75 in trading 9,793 stock units, One Caribbean Media gained 13 cents to $4.13 in switching ownership of 4,525 shares, Republic Financial Holdings climbed $1 after ending at $142, with 2,552 stocks clearing the market. Scotiabank dropped 10 cents to $81 after exchanging 1,313 units. Trinidad & Tobago NGL fell 66 cents to $19.99, with 6,315 stocks crossing the exchange. Trinidad Cement declined 8 cents in closing at $3.52 in switching ownership of 600 shares. Unilever Caribbean ended unchanged at $16 in trading 89,091 stock units and West Indian Tobacco fell 1 cent to $23.99 after exchanging 91 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
New ICTOP10 2022-3 is here
Earnings season is almost at an end except for a few companies with March year end that are to release results for the full year by the end of May that will impact the price of some ICTOP 10 stocks. Riches are abundant in several Main and Junior Markets stocks, but some patience may be warranted to get the most from them.
The ICTOP10 shows the benefit of ranking stocks based on their potential to grow and emphasizing those. Investors do not have to chase overpriced stocks based on some wish list of abundance fortunes is near. Sticking with undervalued stocks is the best formula for wealth creation.
The focus shifts to 2022/23 earnings as the reporting season ends. At the close of the past week, seven stocks from the previous Junior Market ICTOP10 carry over to the 2022/23 list and five for the Main Market. Dropping out of the Junior Market list are Lasco Distributors, Lasco Manufacturing and Iron Rock Insurance. Dropping from the Main Market for the coming period are Jamaica Broilers, 138 Student Living, Proven Investments, Pan Jamaica Investment and SygnusUS dollar share.
Heading the new list are Productivity Business Solutions, Guardian Holdings, Sygnus Credit Investments, Jamaica Stock Exchange and JMMB Group in the Main Market. At the same time, the Junior Market’s top five are Elite Diagnostic, Medical Disposables, Jetcon Corporation, Caribbean Cream and Access Financial Services. Most of the Junior Market companies suffered from fallout in the economy in 2020 and beyond due to the Covid19 and are recovering. Some of these could deliver above average gains.
The average PE for 2022-3 fiscal year is 13.1 for the Junior Market, down from 22.8 for the 2021/22 fiscal year and 13.5 for the Main and USD Markets compared to 16.6.
There were no changes to the ICTOP10 stocks in the Main and Junior Market in the past week based on 2021 and early 2022 earnings, but there were some notable performances. 
Lasco Manufacturing rose 14 percent to close the week at $5.70, AMG Packaging popped 13 percent to $3.15, while Caribbean Assurance Brokers put in a 9 percent rise to close the week at $2.40. Iron Rock Insurance and Tropical Battery added 6 percent to close at $3.60 and $2.62, respectively. In the Main Market, JMMB Group rose 7 percent to $45.95 and Jamaica Broilers lost 7 percent to end at $27.25.
Both markets continue to offer attractive gains for the TOP10 based on recent full year earnings up to March.
The average PE for the JSE Main Market TOP 10 is 5.3, well below the market average of 13.5, while the Junior Market PE for the Top 10 is at 6.3 versus the market at 13.1.
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 the end of May 2023. They are 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 are ongoing, based on receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.
Trading picks up on Trinidad Stock Exchange
Market activity ended on Tuesday on the Trinidad and Tobago Stock Exchange, with a surge in the volume and value of stocks changing hands with 396 percent more shares, with 162 percent higher value traded than on Monday which resulted in more stocks falling than those that gained at the close of trading.
Trinidad & Tobago Stock Exchange Head Quarters
A total of 20 securities traded down from 22 on Monday, with four rising, nine declining and seven ending unchanged. The Composite Index popped 1.27 points to 1,449.05, the All T&T Index lost 6.38 points to end at 2,065.78 and the Cross-Listed Index climbed 1.32 points to settle at 110.49.
A total of 2,284,558 shares traded for $13,136,974 up from 460,821 units at $5,006,709 on Monday. An average of 14,228 units traded at $656,849 versus 20,946 shares at $227,578 on Monday, with trading month to date averaging 58,715 units at $510,173 versus 32,280 units at $440,327. The average trade for March amounts to 36,197 units at $438,630.
Investor’s Choice bid-offer indicator shows one stock ended with a higher bid than their last selling price and three with lower offers.
At the close, Angostura Holdings lost 1 cent to end at $20.20 after trading 2,600 shares, Ansa McAl shed 10 cents in closing at $57.50 after exchanging 4,581 stock units, Calypso Macro Investment Fund fell 45 cents in ending at $18.55 and trading 717 stocks. Clico Investment Fund dropped 60 cents to $29, with 99,390 units crossing the market, First Citizens Group declined $1 to close at $52 trading 913 stock units, FirstCaribbean International Bank ended at $5.95, with 1,538 units changing hands. GraceKennedy remained at $6 in an exchange of 403,353 stocks, Guardian Holdings climbed 1 cent in closing at $27.26 after exchanging 3,120 shares, Guardian Media declined 8 cents to end at $3.12 with the swapping of 8,053 units.
JMMB Group rallied 3 cents ending at $2.46 after 912,730 stocks crossed the market, Massy Holdings advanced 22 cents to end at $5.73, with 78,803 stock units crossing the exchange, National Enterprises ended unchanged at $3 with an exchange of 555,628 shares. NCB Financial Group rose 20 cents to $6.60 in switching ownership of 255 stock units, One Caribbean Media closed at $4.10 after trading 299 stocks, Republic Financial Holdings finished at $141 in trading 972 units. Scotiabank dropped $1.01 in closing at $78.99 with 1,426 shares clearing the market, Trinidad & Tobago NGL shed 20 cents to close at $20.30 while exchanging 2,785 stocks, Trinidad Cement ended unchanged at $3.60 in trading 62,500 shares. Unilever Caribbean remained at $16.15 after exchanging 123,971 units and West Indian Tobacco fell $1.94 to $24 in switching ownership of 20,924 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trinidad stocks rise
Market activity ended on Monday on the Trinidad and Tobago Stock Exchange and resulted in more stocks rising than falling after 49 percent fewer shares, with 63 percent lower value traded than on Friday, with the market recording gains in the indices.
A total of 22 securities traded, down from 20 on Friday, with eight rising, four declining and 10 ending unchanged.
The Composite Index rose 2.02 points to 1,447.78, the All T&T Index increased 3.27 points to 2,072.16 and the Cross-Listed Index gained 0.09 points to close at 109.17.
A total of 460,821 shares traded for $5,006,709 down from 894,936 units at $13,487,025 on Friday. An average of 20,946 units traded at $227,578 compared to 44,747 shares at $674,351 on Friday, with trading month to date averaging 32,280 units at $440,348. The average trade for March amounts to 36,197 units at $438,630.
Investor’s Choice bid-offer indicator shows one stock ended with a higher bid than the last selling price and three stocks with lower offers.
At the close, Agostini’s ended at $46.20 after exchanging 2,858 shares, Ansa McAl remained at $57.60, with 1,750 units changing hands, Ansa Merchant Bank popped $1 in closing at $42 while exchanging 200 stocks. Clico Investment Fund climbed 60 cents to close at $29.60 after 26,400 stock units crossed the market, First Citizens Group gained 36 cents to end at $53 in an exchange of 6,722 shares, FirstCaribbean International Bank rallied 8 cents to end at $5.95 in exchanging 800 stock units. GraceKennedy finished at $6 after trading 510 stocks, Guardian Holdings fell $1 in closing at $27.25 with an exchange of 328 units, Guardian Media gained 8 cents to close at $3.20 after 1,675 shares changed hands. 
JMMB Group slipped 3 cents to $2.43 trading 5,330 stocks, Massy Holdings fell 24 cents to $5.51 after trading 38,312 stock units, National Enterprises remained at $3, with 242,000 units clearing the market. NCB Financial Group ended unchanged at $6.40, with 100 shares crossing the market, One Caribbean Media finished at $4.10 in switching ownership of 11,000 units, Point Lisas exchanged 2,500 stock units at $3.50 each. Prestige Holdings advanced 10 cents to $6.80 with the swapping of 530 stocks, Republic Financial Holdings remained at $141 after exchanging 5,197 stock units, Scotiabank rose $2 to $80 in exchanging 393 units. Trinidad & Tobago NGL shed 15 cents to end at $20.50 after trading 2,500 stocks, Trinidad Cement ended unchanged at $3.60 in an exchange of 2,500 shares, Unilever Caribbean finished at $16.15 while 106,072 stock units changed hands and West Indian Tobacco advanced $1.94 to $25.94 with 3,144 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
TTSE market indices slide in April
Market activity ended on Friday resulting in the value and volume of stock trading declining by 50 percent and 15 percent respectively below Thursday’s trades at the close of the Trinidad and Tobago Stock Exchange.
A total of 20 securities traded similar to Thursday, with seven stocks rising, six declining and seven remaining unchanged. The Composite Index shed 9.42 points to 1,445.76, the All T&T Index declined 18.22 points to 2,068.89 and the Cross-Listed Index remained at 109.08.
A total of 894,936 shares traded for $13,487,025 compared to 1,785,401 units at $15,877,661 on Thursday. An average of 44,747 units traded at $674,351 compared to 89,270 shares at $793,883 on Thursday, with trading month to date averaging 44,747 units at $674,398 versus 36,197 units at $438,630 on the prior trading day. The average trade for March amounts to 36,197 units at $438,630.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini’s ended unchanged at $46.20 in switching ownership of 1,000 shares, Angostura Holdings rallied 1 cent to close at a 52 weeks’ high of $20.21 in exchange of 12 units, Ansa McAl shed $1.39 to end at $57.60 in exchanging 550 stocks. Calypso Macro Investment Fund finished at $19, with 180 stock units crossing the exchange, Clico Investment Fund lost 65 cents to close at $29 after 50,416 stocks crossed the market, First Citizens Group declined 36 cents to close at $52.64 while exchanging 125 shares. GraceKennedy fell 15 cents in closing at $6, with 34,500 units clearing the market, Guardian Holdings gained 85 cents to end at $28.25, with 9,886 stock units changing hands, Guardian Media remained at $3.12 after trading 1,957 stock units. 
JMMB Group advanced 2 cents to $2.46, with 106,000 shares crossing the market, L.J. Williams B share finished at $2 with the swapping of 18,930 units, Massy Holdings rose 5 cents to $5.75 with an exchange of 75,049 stocks. National Enterprises ended unchanged at $3 in trading 101,000 shares, One Caribbean Media dropped 10 cents to close at $4.10 after trading 1,000 stock units, Republic Financial Holdings remained at $141 in exchanging 5,228 units. Scotiabank fell $2 to close at $78 with 101 stocks changing hands, Trinidad & Tobago NGL remained at $20.65 after exchanging 14,182 shares, Trinidad Cement climbed 10 cents in closing at $3.60 after 746 stocks crossed the market. Unilever Caribbean popped 65 cents to end at $16.15, with an exchange of 236,021 stock units and West Indian Tobacco popped 1 cent to $24 with 238,053 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading jumps for TTSE stocks
Market activity ended on Thursday following the close of the market on Wednesday for a public holiday and resulted in a bounce in trading, with 242 percent more shares changing hands as 241 percent more funds entered the market than on Tuesday on the Trinidad and Tobago Stock Exchange and led to more falling stocks edging out those rising.
Trinidad & Tobago Stock Exchange Head Quarters
A total of 20 securities traded up from 18 on Wednesday, with eight stocks rising, nine declining and three remaining unchanged. The Composite Index rallied 5.22 points to 1,455.18, the All T&T Index slipped 2.18 points to 2,087.11 and the Cross-Listed Index popped 1.84 points to settle at 109.08.
A total of 1,785,401 shares traded for $15,877,661 compared to 522,226 units at $4,655,372 on Tuesday. An average of 89,270 units traded at $793,883 up from 29,013 shares at $258,632 on Tuesday, with trading month to date averaging 36,518 units at $446,625 versus 33,763 units at $428,492 on the previous trading day. The average trade for February amounts to 47,858 units at $516,870.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini’s remained at $46.20, with 2,976 shares clearing the market, Angostura Holdings fell 1 cent in closing at $20.20 in trading 2,011 units, Clico Investment Fund lost 4 cents to $29.65 in swapping 4,047 stocks. First Citizens Group finished at $53 while exchanging 64 stock units. FirstCaribbean International Bank dropped 13 cents ending at a 52 weeks’ low of $5.87 with an exchange of 564 units. GraceKennedy rose 5 cents to $6.15 after exchanging 334,961 stocks. Guardian Holdings declined 58 cents to close at $27.40 in trading 5,200 stock units, Guardian Media advanced 8 cents in closing at $3.12 after 163 shares changed hands, JMMB Group rallied 2 cents to $2.44 after 28,850 stock units passed through the market.
L.J. Williams B share ended at $2 after 60,158 stocks crossed the market, Massy Holdings shed 28 cents to $5.70 with the swapping of 413,524 shares, National Enterprises increased 1 cent in closing at $3, with an exchange of 401,848 units. National Flour Mills fell 23 cents to $1.60, with 600 stock units crossing the exchange, NCB Financial Group popped 31 cents to close at $6.40 trading 4,648 stocks, Prestige Holdings lost 20 cents to end at $6.70 after an exchange of 240 units. Republic Financial Holdings declined 13 cents to end at $141, with 4,108 shares changing hands, Scotiabank dropped $1 to $8 in an exchange of 623 shares, Trinidad & Tobago NGL rallied 65 cents to $20.65, with 24,228 stock units changing hands. Unilever Caribbean climbed $1 in ending at $15.50 while exchanging 390,588 stocks and West Indian Tobacco gained 49 cents to close at $23.99 after an exchange of 106,000 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on TTSE on Friday
Trading declined on the Trinidad and Tobago Stock Exchange on Friday and resulted in more stocks rising than falling after trading 39 percent fewer shares, with 39 percent less value than Thursday, leading to a big fall in the composite Index.
A total of 18 securities traded down from 20 on Thursday, with seven rising, five declining and six ending unchanged, including Calypso Macro Investment Fund that traded at a 52 weeks’ high. The Composite Index dropped 21.60 points to settle at 1,444.58, the All T&T Index fell 4.42 points to 2,090.31 and the Cross-Listed Index dropped 5.60 points to 105.53.
A total of 518,209 shares traded for $4,614,570 down from 842,830 units at $7,505,068 on Thursday. An average of 28,789 units traded at $256,365 compared to 42,142 shares at $375,253 on Thursday, with trading month to date averaging 34,564 units at $443,458 versus 34,878 units at $453,602 previously. The average trade for February amounts to 47,858 units at $516,870.
Investor’s Choice bid-offer indicator shows three stocks ended with a bid higher than their last selling prices and none with a lower offer.
At the close, Agostini’s shed $3.75 in closing at $46.20 after trading 200 shares, Ansa McAl increased 10 cents to end at $57.60, with 200 stock units crossing the exchange, Calypso Macro Investment Fund climbed $2 to close at $22 after exchanging 100 units. Clico Investment Fund popped 23 cents to $29.88 with 512 stocks changing hands, First Citizens Group gained 19 cents in ending at $51.50, with 4,316 shares crossing the market, FirstCaribbean International Bank declined 8 cents to end at $6, with 64,518 stock units clearing the market. 
GraceKennedy finished at $6 after exchanging 82,021 stocks, Guardian Holdings fell $1 to close at $27 in trading 42,493 units, JMMB Group rose 5 cents to $2.30 with an exchange of 89,400 units. Massy Holdings ended unchanged at $6 with the swapping of 175,127 stocks, National Enterprises advanced 8 cents in closing at $2.90 in switching ownership of 12,257 stock units, National Flour Mills remained at $1.84, with 70 shares changing hands. NCB Financial Group slipped 66 cents to $6.06 in an exchange of 24,561 shares, Prestige Holdings rallied 20 cents to end at $7.10, with 1,422 units crossing the market, Republic Financial Holdings ended unchanged at $141 while exchanging 2,617 stocks. Scotiabank dropped 90 cents in closing at $81.10, trading 1,001 stock units, Trinidad & Tobago NGL remained at $20.40 in exchanging 4,990 shares and West Indian Tobacco finished at $24, with 12,404 stocks clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.