More Trinidad Exchange fallout


Stocks lost more ground on the Trinidad and Tobago Stock Exchange during the past week, with the market indices more than 1.2 percent, following declines of 12 stocks and just 5 rising.

The financial sector had four stocks falling and none rising. The manufacturing sector was mixed, with three stocks rising and two falling by minor amounts.

In the banking sector, Republic Holdings fell $2.25, followed by First Citizens Bank, with a decline of $1.72, Scotiabank, with a fall of $1.60. Ansa McAl gained $1.25 and Angostura Holdings popped $1.50.

Trading bounced sharply Friday on the JSE


Trading bounced sharply on Friday over Thursday on the Jamaica Stock Exchange, helped by a 27.41 million shares exchange in Wigton Energy and by the Junior Market listed AMG Packaging, with an exchange of 16.25 million shares and pushing the volume of stocks exchanged, with a greater value than on the prior day. The major indices of the Main Market closed mixed, the Junior Market index fell as well as the JSE USD Market index. At the end of trading the prices of 30 shares rose, 41 declined and 36 remained firm.

At the close of the market, the JSE Combined Market Index lost 1,069.68 points to 333,305.41, the All Jamaican Composite Index climbed 676.16 points to end at 368,447.62, the JSE Main Index sank 1,021.05 points to close at 322,820.75, the Junior Market Index dipped 13.04 points to finish at 3,434.88 and the JSE USD Market Index slipped 1.42 points to 194.76.
At the close of trading, 81,618,783 shares were exchanged in all three markets, up from 20,089,041 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $192.13 million, up from $79.08 million on the previous day and the JSE USD market closed with an exchange of 17,043 shares for US$10,544 compared to 9,916 units at US$2,439 on Thursday.
In Main Market activity, Wigton Energy led trading with 27.41 million shares, followed by Transjamaican Highway with 7.07 million stocks and Sagicor Select Manufacturing & Distribution Fund with 2.32 million units.
In Junior Market trading, AMG Packaging led with 16.25 million shares, followed by ONE on ONE Educational with 4.94 million stocks and Fosrich with 3.68 million units.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.7 based on 2025-26 earnings and 15.1 based on 2024-25 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals, while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

Trinidad Exchange losers batter winners again


Losing stocks outpaced winners by a wide margin for a third day on the Trinidad and Tobago Stock Exchange on Friday, following a 71 percent drop in volume and a 56 percent plunge in value from that on Thursday, resulting from trading in 19 securities compared with 23 on Thursday and ending with prices of three rising, seven declining and nine ending firm.

The market closed with trading of 54,525 shares for $517,987, after plunging from 185,243 stock units at $1,178,958 on Thursday. An average of 2,870 shares were traded for $27,262, down from 8,054 stock units at $51,259 on Thursday, with trading month to date averaging 34,584 shares at $266,203, which is well aligned with 36,001 units at $276,885 on the previous day and an average for September of 37,104 shares at $224,976.
The Composite Index sank 4.04 points to wrap up trading at 955.90, the All T&T Index dropped 4.66 points to close at 1,385.48, the SME Index remained at 97.70 and the Cross-Listed Index slipped 0.48 points to 69.42.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and one with a lower offer. At the close of the market, Angostura Holdings ended at $13 with investors trading 460 shares, Ansa McAl sank 1 cent to $43.74 after a transfer of 6 units, AS Bryden ended trading just one share at $1.99. CIBC Caribbean Bank dropped 22 cents and ended at $8.25 with 238 stocks crossing the market, First Citizens Group shed 25 cents to end at a 52 weeks low of $34.75 with brokers trading 4,058 units, Guardian Holdings advanced 22 cents to close at $14.02 as 12,287 stocks crossed the market. Guardian Media remained at 65 cents after an exchange of 3 units, JMMB Group ended at 89 cents with 30 shares changing hands, Massy Holdings remained at $3.50 with an exchange of 14,172 stock units. National Enterprises fell 6 cents to finish at $2 as 170 shares passed through the market, National Flour Mills popped 9 cents and ended at $1.61 with investors dealing in 2,398 stock units, NCB Financial ended at $1.80 with brokers trading 1,099 stocks. Prestige Holdings increased 18 cents to $13.75 with 10 units clearing the market, Republic Financial ended at $104 with traders switching ownership of 659 stocks, Scotiabank slipped 90 cents to finish at a 52 weeks low of $47 as investors exchanged 383 units. Trinidad & Tobago NGL ended at $3 while transferring some 17,540 shares, Trinidad Cement sank 5 cents to end at $1.90 with 898 stocks units crossing the exchange, Unilever Caribbean ended at $13.55 with investors trading 3 shares and West Indian Tobacco skidded 2 cents to close at a 52 weeks low of $3.60 after an exchange of 110 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Falling stocks galore on Trinidad Exchange


Falling stocks crushed those rising by 12 to one ended on the Trinidad and Tobago Stock Exchange on Thursday, following on a 55 percent drop in the volume of stocks traded, with the value collapsing by 41 percent compared with Wednesday resulting from trading of 23 securities compared with 20 on Wednesday and ending with prices of one stock rising, 12 declining and 10 ending firm. At the close, 7 stocks ended at 52 weeks lows.

The market closed with trading of 185,243 shares for $1,178,958 compared to 407,962 stock units at $2,009,910 on Wednesday.
An average of 8,054 shares was traded at $51,259, down sharply from 20,398 units at $100,495 on Wednesday. Trading for the month to date ended with an average of 36,001 shares at $276,885, well in line with 37,600 units at $289,795 on the prior day, compared with an average for September of 37,104 shares at $224,976.
Notwithstanding the slippage in prices, the Composite Index popped 0.14 points to 959.94, the All T&T Index rallied 4.86 points to finish at 1,390.14, the SME Index remained unchanged at 97.70 and the Cross-Listed Index declined 0.71 points to 69.90.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini sank 50 cents to close at $66.50 in an exchange of 449 shares, Angostura Holdings remained at $13, after it closed with an exchange of 237 stocks, Ansa McAl ended at $43.75, with 67 shares changing hands. Ansa Merchant Bank remained at $31.45 after an exchange of 150 stock units, AS Bryden climbed 19 cents to finish at $1.99 with 414 units passing through the market, Calypso Macro Investment Fund shed 51 cents and ended at a 52 weeks low of $22.50, with the trading of 2,000 shares. First Citizens Group sank 10 cents to a 52 weeks low of $35 with an exchange of 4,027 shares, GraceKennedy dipped 4 cents to finish at $3.45 crossing the market 7,223 stocks, Guardian Holdings fell 10 cents and ended at $13.80 with a transfer of 5,231 units. Guardian Media skidded 6 cents to end at 65 cents in trading 60 stocks, JMMB Group ended at 89 cents after 41 shares passed through the market, Massy Holdings ended at $3.50, with traders dealing in 115,860 stock units. National Enterprises lost 2 cents to $2.06 after a transfer of 11,220 units, National Flour Mills shed 8 cents and ended at $1.52 with investors swapping 605 shares, NCB Financial declined 11 cents in closing at $1.80 after an exchange of 901 units. One Caribbean Media remained at $1.78 with investors trading 2,100 stocks, Point Lisas ended at $4.09, with an exchange 250 stocks, Republic Financial dropped $1 to end at a 52 weeks low of $104 with investors dealing in 2,794 shares. Scotiabank lost 10 cents in closing at a 52 weeks low of $47.90 in an exchange of 383 stock units, Trinidad & Tobago NGL remained at $3, with 19,738 units crossing the market. Trinidad Cement remained at $1.95 in trading 895 stocks. Unilever Caribbean ended at $13.55 in switching ownership of 7 units and West Indian Tobacco shed 19 cents to end at a 52 weeks low of $3.62 as investors exchanged 10,591 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Trading resumes with mixed results


Following three days of market closure due to the passage of Hurricane Melissa through the islands, trading resumed on Thursday on the Jamaica Stock Exchange. The market ended with a mild decline in the volume of stocks exchanged, with a greater value than on Friday, resulting in the major indices of the Main Market ending with moderately mixed movements. The Junior Market and the JSE USD Market indices declined. At the end of trading, prices of 37 shares rose, 35 declined and 31 remained firm.

At the close of the market, the JSE Combined Market Index fell 114.90 points to wrap up trading at 334,375.09, the All Jamaican Composite Index rallied 106.49 points to settle at 367,771.46, the JSE Main Index declined 1.30 points to finish at 323,841.80, the Junior Market Index lost 16.01 points to end trading at 3,447.92 and the JSE USD Market Index declined 1.42 points to 196.18.
At the close of trading, 20,408,465 shares were exchanged in all three markets, down from 21,421,900 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $84.83 million, up from $75.18 million on the previous day. The JSE USD market closed with an exchange of 9,916 shares for US$2,439 compared to 24,870 units at US$3,934 on Friday.
In Main Market activity, Wigton Energy led trading with 5.08 million shares followed by Transjamaican Highway with 2.40 million stocks and Radio Jamaica with 1.25 million units.
In Junior Market trading, Derrimon Trading led with 2.57 million shares followed by Fosrich with 1.74 million stocks and Jamaican Teas with 806,273 units.
In the preference segment, 138 Student Living preference share climbed $2 in closing at $265 and Sygnus Credit Investments C10.5% declined $4.90 to $100.
The market’s PE ratio, the most popular measure used to value stocks, ended at 13.9 based on 2025-26 earnings and 15.3 based on 2024 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, enabling easy comparisons within a sector and across the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
Pertinent information is required to navigate numerous investment options successfully in the stock market. The chart should be used in making rational decisions when investing in stocks close to the sector average, not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals, while not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock. The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.

Another day of decline for Trinidad stocks


Stocks ended with mostly losses for a third day on the Trinidad and Tobago Stock Exchange on Wednesday, resulting in 20 securities trading compared with 18 on Tuesday and ending with prices of five rising, nine falling and six ending firm.

Trading closed with 407,962 shares, with a 12 percent rise in value to $2,009,910 compared with 397,467 units at $1,786,614 on Tuesday.
An average of 20,398 shares was traded at $100,495 each, compared with 22,082 units at $99,256 on Tuesday, with trading month to date averaging 37,609 shares with a value of $289,845 compared with 38,510 stock units at $299,758 on the previous day and an average for September of 37,104 shares at $224,976.
The Composite Index shed 4.48 points to finish at 959.80, the All T&T Index sank 8.61 points to 1,385.28, the SME Index remained at 97.70 and the Cross-Listed Index closed at 70.61, without change.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and none with a lower offer.
At the close on Wednesday, Agostini rose 50 cents and ended at $67, with 181 shares crossing the market, Angostura Holdings advanced 50 cents to $13 with investors trading 50 units, AS Bryden declined by 41 cents to end at $1.80, after 11,264 shares passed through the market. CIBC Caribbean Bank ended at $8.47, with 5 stocks changing hands, First Citizens Group lost 40 cents to finish at a 52 weeks low of $35.10, with investors trading 2,540 stock units, GraceKennedy popped 4 cents to close at $3.49 after an exchange of 2 shares. Guardian Holdings dropped 10 cents to $13.90 and closed with an exchange of 307 stocks, Guardian Media remained at 71 cents with a mere one unit crossing the market, JMMB Group ended at 89 cents in an exchange of 1,200 stock units. Massy Holdings slipped 6 cents to finish at a 52 weeks low of $3.50, after 288,218 shares cleared the market, National Enterprises slipped 2 cents and ended at $2.08 with investors swapping 47 stock units, National Flour Mills remained at $1.60 with 106 units crossing the exchange. NCB Financial remained at $1.91 in trading 73,000 stocks, Point Lisas climbed 4 cents and ended at $4.09 after a transfer of 6,375 shares, Prestige Holdings fell 3 cents in closing at $13.57 with investors dealing in 211 stocks. Republic Financial dipped $1 to finish at a 52 weeks low of $105 after an exchange of 5,483 units, Scotiabank sank 40 cents to end at a 52 weeks low of $48 trading after 119 stock units changed hands, Trinidad & Tobago NGL increased 4 cents to close at $3 with an exchange of 12,269 shares. Trinidad Cement ended at $1.95 with a transfer of 225 stock units and Unilever Caribbean shed 10 cents to end at $13.55 as investors exchanged 6,359 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Prices dive on Trinidad Exchange since July


A tough three-month period ends with the Trinidad and Tobago Stock Exchange declining nearly four percent since the end of July to present, with 18 stocks or 72 percent of the listings declining.
All stocks in the financial and manufacturing sectors fell, while conglomerates and the trading sectors did fairly well, with few losses and mostly gains.

The biggest price changes for are  Angostura Holdings down $3 or 21 percent, followed by One Caribbean Media down 20 percent after falling by 45 cents and Trinidad and Tobago NGL falling 75 cents to record a 20 percent fall. Ansa Merchant Bank and West Indian Tobacco fell 19 percent.
With the Trinidad and Tobago economy declining in 2025, will profits suffer as a result, thus making some stocks more expensive now than they currently appear to be the case.

More declines for Trinidad Exchange


Rising stocks were just edged out by those falling, following market slippage on the previous two days, leading to declines in the market indices of the Trinidad and Tobago Stock Exchange on Tuesday, with the volume of stocks traded rising 95 percent valued 14 percent lower than on Monday. Trading resulted in 18 securities changing hands compared with 20 on Monday and ending with prices of five rising, six declining and seven ended firm.

The market closed with trading of 397,467 shares worth $1,786,614 compared to 204,220 stock units at $2,079,710 on Monday.
An average of 22,082 shares were traded at an average of $99,256 compared with 10,211 units at $103,985 on Monday. Trading month to date, ends with an average of 38,510 shares at $299,758 compared with 39,322 units at $309,673 on the previous day compared with September with an average of 37,104 shares at $224,976.
The Composite Index fell 2.49 points to 964.28, the All T&T Index lost 3.82 points to finish at 1,393.89, the SME Index remained unchanged at 97.70 and the Cross-Listed Index sank 0.15 points to finish at 70.61.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close of trading, Angostura Holdings gained $1 to finish at $12.50, with investors dealing in 195 shares, Ansa McAl rose $1.02 to $43.75, with 695 stock units clearing the market, AS Bryden rallied 20 cents to finish at $2.21, with an exchange of 5,769 shares. Calypso Macro Investment Fund declined 24 cents and ended at $23.01, with 200 units crossing the market, CIBC Caribbean Bank gained 1 cent to end at $8.47 after an exchange of 11 stocks, First Citizens Group shed 50 cents in closing at a 52 weeks low of $35.50 after 3,490 shares passed through the market. GraceKennedy slipped 4 cents to $3.45 in an exchange of 1,500 stocks, Guardian Holdings ended at $14 after an exchange of 945 units, JMMB Group remained at 89 cents, with 579 stock units crossing the exchange. Massy Holdings remained at $3.56 in trading 176,283 shares, Point Lisas slipped 5 cents to $4.05 after an exchange of 24 stock units, Prestige Holdings fell 15 cents to end at $13.60 with a transfer of 10 units. Republic Financial ended at $106 as investors exchanged 3,399 stocks, Scotiabank remained at $48.40, with 4,085 units changing hands, Trinidad & Tobago NGL dropped 3 cents to close at $2.96 in an exchange of 16,870 stocks. Trinidad Cement ended at $1.95 with investors trading 182,664 shares, Unilever Caribbean climbed 12 cents and ended at $13.65, with 393 stock units crossing the market and West Indian Tobacco ended at $3.81 with investors trading 355 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.


 

Falling stocks dominate T&T Stock Exchange


Falling stocks outpaced winners on the Trinidad and Tobago Stock Exchange on Monday, following trading in 20 securities compared with 19 on Friday and ending with prices of three stocks rising, 10 declining and seven ending firm. Trading resulted in prices of six closing at 52 weeks lows.

The market closed with the volume of stocks traded falling 6 percent, with an 83 percent higher value than on Friday, with trading of 204,220 shares valued at $2,079,710 compared to 219,533 units at $1,150,026 on Friday.
An average of 10,211 shares were exchanged for $103,985 compared with 11,554 units at $60,528 on Friday, with trading month to date averaging 39,322 shares at $309,673 compared to 41,015 units at $321,632 on the previous day and an average for September of 37,104 shares at $224,976.
The Composite Index dropped 4.06 points to close trading at 966.77, the All T&T Index slipped 5.20 points to 1,397.71, the SME Index remained unchanged at 97.70 and the Cross-Listed Index declined 0.40 points to 70.76.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Agostini ended at $66.50 after trading of 365 shares, Ansa McAl climbed 24 cents to $42.73 after an exchange of 4,935 stocks, AS Bryden fell 21 cents to $2.01, with 2,542 shares crossing the market. CIBC Caribbean Bank fell 1 cent to finish at $8.46 with an exchange of 2,656 units, First Citizens Group dipped 47 cents and ended at 52 weeks low of $36 after 1,700 stock units passed through the market, GraceKennedy remained at $3.49 in trading 17 shares. Guardian Holdings slipped 2 cents to $14 after a transfer of 622 units, JMMB Group dipped 6 cents to close at 52 weeks low of 89 cents with investors swapping 44,936 stocks, Massy Holdings sank 4 cents and ended at 52 weeks low of $3.56 with a transfer of 20,110 stock units. National Enterprises remained at $2.10 with 3,714 shares changing hands, National Flour Mills rose 3 cents in closing at $1.60 in switching ownership of two units, NCB Financial skidded 2 cents to end at $1.91 with traders dealing in 97,000 stocks. One Caribbean Media lost 2 cents to end at a 52 weeks low of $1.78 in an exchange of 1,411 stock units, Prestige Holdings ended at $13.75, with 50 shares changing hands, Republic Financial slipped 25 cents to close at a 52 weeks low of $106 in an exchange of 13,149 stocks. Scotiabank shed 20 cents in closing at 52 weeks low of $48.40 with investors trading 72 units, Trinidad & Tobago NGL ended at $2.99 with 2,253 stock units clearing the market, Trinidad Cement advanced 2 cents to finish at $1.95 after an exchange of 15 shares and West Indian Tobacco remained at $3.81 with investors dealing in 8,471 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

ICTOP10 Elite jumps 41%, Express 36%


The ICTOP10 returns after a break since the end of July, with Elite Diagnostic jumping sharply along with Express Catering and Consolidated Bakeries. A lot has happened since, with the Junior Market index slipping 1.3 percent to 3,464 points and the JSE Main Index climbed a B 5 percent over the same period. Six of the Junior Market ICTOP10 stocks posted solid gains ranging from 8 percent to 41 percent, one remained firm and three declined.

The Junior Market ICTOP10, Elite Diagnostic jumped 41 percent to $1.91, Consolidated Bakeries and Express Catering delivered gains of 36 percent to end at $1.70 and $3,65, respectively. Kintyre Holdings popped 30 percent to 30 cents, and Medical Disposables rallied 15 percent to end at  $1.72.
NCB Financial is the leading Main Market ICTOP10, rising stock, up a solid 31 percent as it closed the week at $41.40, up from $31.50 at the end of July. Guardian Holdings follows with a gain of 24 percent to $382, while VM Investments rose 17 percent to $2.31. TransJamaican Highway rose 15 percent to end the week at $4.24.
Dolla Financial lost ground and fell out, making space for Jetcon Corporation to enter the TOP 10. There were no changes to the Main Market ICTOP 10.
Indicators of potential gains for the market show, the average PE for the JSE Main Market ICTOP 10 is 5.8, well below the market average of 13.5 and shows 18 stocks, with the highest values accounting for 35 percent of the market, with PE ratios of 15 to 40. The average PE for half of the market with the highest values is 20.
The Junior Market TOP10 stands at 6, well below half the market’s average of 13, with 19 stocks representing 40 percent of the market having PEs ranging from 16 to 38, with an average of 20 and 18 for half of the market, with the highest PEs.
ICTOP10 focuses on likely yearly winners. The list includes some of the best as well as newer companies that have not been tested over time. ICInsider.com ranks companies based on projected earnings for easy assessment in making investment decisions.
IC TOP10 stocks that will likely deliver the best returns are ranked in order of potential gains, computed using projected earnings, allowing investors to focus on the most undervalued companies when making investment decisions.
IC TOP10 stocks will likely deliver the best returns on or around May 2026 and are ranked in order of potential gains, computed using projected earnings for the current fiscal year. Expected values will change as stock prices fluctuate, resulting in weekly movements in and out of the lists. Earning revisions are ongoing, based on the receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.