Market activity ended on Friday and resulted in a sharp 41 percent decline in the volume of shares, with 78 percent lower value than on Thursday leading to more stocks declining than rising at the close of trading on the Trinidad and Tobago Stock Exchange.
Trinidad & Tobago Stock Exchange Head Quarters
A total of 16 securities traded compared to 17 on Thursday, with three rising, six declining and seven remaining unchanged. Massy Holdings closed at a 52 weeks’ high while NCB Financial and West Indian Tobacco closed at 52 weeks’ lows. The Composite Index declined 4.37 points to settle at 1,487.03, the All T&T Index climbed 7.76 points to 2,148.58 and the Cross-Listed Index lost 2.43 points to settle at 109.10.
A total of 417,451 shares traded for $4,444,008 compared to 706,385 units at $20,004,147 on Thursday. An average of 26,091 units traded at $277,751 compared to 41,552 shares at $1,176,715 on Thursday, and trading month to date averaged 33,583 units at $479,632 versus 34,478 units at $503,735. The average trade for February amounts to 47,858 units at $516,870.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling price and one stock with a lower offer.
At the close, Agostini’s ended unchanged at $50 trading 499 shares, Ansa McAl finished at $57, with 82 stock units crossing the market 82, Clico Investment Fund remained at $29 in switching ownership of 1,335 units. First Citizens Group closed at $59.90 while exchanging 238 stock units, FirstCaribbean International Bank fell 3 cents to close at $6.05 after 29,300 stocks changed hands, GraceKennedy ended at $6 with the swapping of 615 stock units. 
JMMB Group finished at $2.25 after trading 10,397 shares, L.J. Williams B share finished at $1.95 in exchanging 20,363 units, Massy Holdings rose 20 cents to close at a 52 weeks’ high of $6.95, as 223,689 units changed hands. National Flour Mills lost 3 cents to end at $1.84, with 73,192 shares crossing the exchange, NCB Financial Group shed 5 cents to end at a 52 weeks’ low of $6.45 with an exchange of 20,000 stock units, Republic Financial Holdings dropped $2 in ending at $140 after exchanging 12,803 stocks. Scotiabank slipped 1 cent in closing at $74.99 in an exchange of 440 stock units, Trinidad & Tobago NGL climbed 24 cents to end at $20.52, with 17,133 units clearing the market, Unilever Caribbean popped 5 cents to close at $15.25 in trading 4,000 shares and West Indian Tobacco shed 65 cents to close at a 52 weeks’ low of $23.35 crossing the market 3,365 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A total of 17 securities traded compared to 21 on Tuesday, with four rising, four declining and nine remaining unchanged and resulted in 97 percent more shares, with 151 percent higher value trading than on Tuesday. 
GraceKennedy finished at $6 with the swapping of 169,515 stocks, JMMB Group rose 3 cents to close at $2.30 with 1,000 units changing hands, Massy Holdings climbed 70 cents ending at a 52 weeks’ high of $6 after exchanging 10,200 shares, following the 20 to 1 stock split. National Enterprises declined 9 cents in closing at $3 after 54,750 stocks crossed the market, National Flour Mills remained at $1.95 in trading one unit, Point Lisas ended at $3.50 after a mere 1 stock unit was traded. Prestige Holdings closed at $7.10 in an exchange of 500 stock units, Republic Financial Holdings popped $2 to $142 while exchanging 8,649 shares, Trinidad & Tobago NGL ended unchanged at $20.50 after trading 23,594 stocks. Unilever Caribbean fell 25 cents to $15.25 in switching ownership of 6,726 units and West Indian Tobacco dropped 70 cents to close at a 52 weeks’ low of $24 after exchanging 4,885 stock units.
JMMB Group declined 3 cents in closing at $2.27 after trading 12,030 stocks, Massy Holdings ended at $106 with an exchange of 4,177 stock units, National Enterprises fell 1 cent in closing at $3.09 in switching ownership of 510 units. National Flour Mills finished at $1.95 with the swapping of 5,143 stocks, NCB Financial Group dropped 15 cents to end at a 52 weeks’ low of $7, with 5,728 shares changing hands, Prestige Holdings remained at $7.10 in exchanging 1 stock unit. Republic Financial Holdings fell 1 cent to $140 while exchanging 1,154 units, Scotiabank declined $1 to close at $75 after exchanging 701 units, Trinidad & Tobago NGL lost 50 cents to finish at $20.50, with 16,231 stock units crossing the market. Trinidad Cement advanced 5 cents in closing at $3.75 after exchanging 3,100 shares, Unilever Caribbean finished at $15.50 in exchanging 1,011 stocks and West Indian Tobacco rose 70 cents in closing at $24.70 with the swapping of 6,241 stocks.
A total of 15 securities were traded compared to 13 on Friday, with seven stocks rising, three declining and five remaining unchanged as one stock closed at a 52 weeks’ high and one at a low. The Composite Index rallied 7.94 points to 1,476.87, the All T&T Index popped 1.42 points to 2,094.56 and the Cross-Listed Index rose 2.09 points to settle at 114.35.
Massy Holdings remained at $106 trading 14,952 stock units, National Enterprises ended unchanged at $3.10 in exchanging 7,060 shares, NCB Financial Group gained 15 cents to close at $7.15, with 2,782 units crossing the exchange. Prestige Holdings ended at $7.10 with the swapping of 27 shares, Scotiabank rose $1 to a 52 weeks’ high of $76 in switching ownership of 6 stocks, Trinidad & Tobago NGL popped 14 cents in closing at $21 after 8,248 stock units changed hands. Trinidad Cement remained at $3.70 with an exchange of 6,628 shares, Unilever Caribbean finished at $15.50, with 2,298 stocks crossing the market and West Indian Tobacco lost 60 cents in ending at a 52 weeks’ low of $24 trading 34,567 stock units.
In a week when the Junior Market came back to life to close at a new record high on Friday, following a new record on Thursday, the market index closed on Friday over the 4,100 mark for the first time and ended at 4,168.16, with a 21.6 percent gain for the year to date. At the same time, the Main Market continues to consolidate around the 440,000 points level, on the All Jamaica Composite Index. 
In TOP10 developments this week, returning to the Junior Market are 
are trading at or above this level, averaging around 23.
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.
Massy Holdings ended at $106, with 84,897 units changing hands, National Enterprises lost 14 cents to $3.10 in switching ownership of 51,000 shares, NCB Financial Group fell 5 cents to $7.25 in exchanging 82,735 stock units. One Caribbean Media remained at $4.20 with the swapping of 117 shares, Prestige Holdings finished at $7.10, with 35 stocks changing hands, Republic Financial Holdings dropped $1.92 in closing at $140.08 with an exchange of 125 units. Scotiabank popped $2.50 to a 52 weeks’ high of $75 in trading 5,294 shares, Trinidad & Tobago NGL ended unchanged at $20.50 trading 10,210 stock units, Trinidad Cement remained at $3.70 after an exchange of 66,800 units and Unilever Caribbean finished at $15.50 after exchanging 2,000 stocks.
A total of 18 securities traded, up from 17 on Tuesday, with four rising, six declining and eight remaining unchanged. The Composite Index rose 1.15 points to 1,480.57, the All T&T Index popped 0.34 points to 2,091.73 and the Cross-Listed Index advanced 0.28 points to settle at 115.85.
National Enterprises ended at $3.24 with the swapping of 27,300 stock units, National Flour Mills remained at $1.95, with 300 units crossing the exchange, NCB Financial Group finished at $7.30, with 4,474 shares changing hands. One Caribbean Media advanced 10 cents to $4.20 while exchanging 2,280 stocks, Republic Financial Holdings shed $1 to end at $142 after investors traded 735 shares, Scotiabank dropped 75 cents to end at $72.50 in exchanging 1,333 units. Trinidad & Tobago NGL fell 50 cents to $20.50 in an exchange of 6,087 stock units, Unilever Caribbean dropped 25 cents after ending at $15.50, with 3,432 stock units crossing the market and West Indian Tobacco ended at $25 after exchanging 600 shares.
Just 17 securities traded down from 23 on Monday, with six rising, six declining and five remaining unchanged. The Composite Index dropped 7.92 points to 1,479.42, the All T&T Index lost 12.65 points to close at 2,091.39 and the Cross-Listed Index declined 0.40 points to settle at 115.57.
GraceKennedy fell 1 cent to $5.99 in trading 1,620 units, Guardian Holdings ended at $29.75 after an exchange of 975 stock units, JMMB Group lost 5 cents in closing at $2.25, with 58,935 shares changing hands. Massy Holdings rallied 2 cents to close at $106 after trading 23,779 units, National Enterprises remained at $3.24 in an exchange of 1,000 stock units, NCB Financial Group gained 5 cents to end at $7.30 after 100 stocks crossed the exchange. Scotiabank rose 25 cents in closing at $73.25 with an exchange of 1,895 units, Trinidad & Tobago NGL declined 50 cents to $21 with the swapping of 4,345 stocks, Trinidad Cement declined 5 cents to close at $3.70 after 23,588 stock units changed hands. Unilever Caribbean climbed 38 cents to $15.75 trading 623 shares and West Indian Tobacco finished at $25 after exchanging 2,295 units.
L.J. Williams B share finished at $1.95 after closing with an exchange of 26 units, Massy Holdings shed 2 cents to close at $105.98, with 8,353 stocks clearing the market, National Enterprises slipped 1 cent to end at $3.24 in an exchange of 384 stock units. National Flour Mills ended unchanged at $1.95 in switching ownership of 250 stock units, NCB Financial Group fell 25 cents to $7.25 with the swapping of 10,010 shares, One Caribbean Media shed 10 cents in ending at $4.10 in an exchange of 202 units. Point Lisas rose 23 cents to $3.50 after exchanging 25 stocks, Prestige Holdings remained at $7.10 after trading 596 shares, Republic Financial Holdings popped $1 to close at $143 after exchanging 19,221 stocks. Scotiabank ended unchanged at $73 with the swapping of 74 stock units, Trinidad & Tobago NGL rallied 72 cents in closing at $21.50 with an exchange of 33,124 units, Trinidad Cement gained 5 cents to close at $3.75, with 5 units crossing the exchange. Unilever Caribbean climbed 17 cents to $15.37 in trading 192 stocks and West Indian Tobacco advanced 99 cents to $25 with 1,600 shares clearing the market.
Leaving the TOP10 this week are iCreate and Cargo Handlers. The Main Market had one change, with Carreras moving out after hitting $8.90 and Jamaica Broilers coming in to replace it.
The potential gains for Main Market stocks moved from 122 percent last week to this weeks’ 125 percent, with the top three being Guardian Holdings followed by JMMB Group and Sygnus Credit Investments all projected to gain between 161 and 180 percent versus 165 and 185 percent last week.
All the stocks in the Junior Market can gain just 3 percent to the end of March this year, based on an average PE of 20. About a third of Junior Market stocks with positive earnings are trading at or above this level, averaging around 23.
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.