6 Trinidad Stock Exchange stocks rise, 6 fall


Trading ended with 18 securities changing hands, up from 15 on Friday, with 6 stock sharing equally between, winners, losers and those trading firm, ending with a mixed outcome for the Trinidad and Tobago Stock Exchange indices on Monday, following a 41 percent drop in the volume of stocks traded, valued 62 percent less than on Friday.

The market closed with trading of 223,100 shares for $1,731,434 compared to 375,395 stock units at $4,582,061 on Friday.
An average of 12,394 shares were traded at $96,191, down sharply from 25,026 units at $305,471 on Friday. Trading for the month to date averages 24,690 shares at $255,671, just below 25,880 units at $271,108 on the previous day, compared to an average for May of 24,702 shares at $146,628.
The Composite Index sank 2.43 points to settle at 1,035.57, the All T&T Index climbed 4.25 points to 1,515.27, the SME Index remained unchanged at 91.81 and the Cross-Listed Index drifted 1.34 points to finish at 73.11. Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of trading, Agostini’s ended at $65 with 2,680 shares being traded, CIBC Caribbean Bank gained 35 cents in closing at $8.90 following trading of 1,565 stocks, First Citizens Group rose $1 to $44 after an exchange of 1,420 units. GraceKennedy sank 13 cents to close at $3.72, with 1,028 shares passing through the market, Guardian Holdings lost 25 cents and ended at $16.75 with an exchange of 56 stock units, JMMB Group sank 8 cents to finish at $1.07 after a transfer of 3,100 shares. L.J. Williams B share ended at $1.15 with traders dealing in 1,200 stocks, Massy Holdings rallied 3 cents to $3.95 in an exchange of 23,388 units, National Flour Mills ended at $1.65 with investors dealing in 28,000 stock units. NCB Financial shed 8 cents in closing at $1.90 with a transfer of 4 shares, One Caribbean Media fell 7 cents to finish at $2.63 with investors swapping 48 stock units, Point Lisas remained at $4.15 with an exchange of 2,393 stocks. Republic Financial rose 48 cents to $112.50 with 1,677 units changing hands, Scotiabank remained at $52.46 after the trading of 10,444 shares, Trinidad & Tobago NGL popped 27 cents and ended at $4.02, with 136,000 stock units crossing the market. Trinidad Cement increased 5 cents in closing at $2.20 in trading 1,400 units, Unilever Caribbean skidded 77 cents to close at $13.22, with 3,100 stocks changing hands and West Indian Tobacco ended at $4.95 with investors trading 5,597 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

 Mixed week for T&T Stock Exchange


The Trinidad and Tobago Stock Exchange closed mixed at the end of the past week, with the Composite index gaining 4.1 points or 0.40 percent, the All T&T index lost 9.26 points or 0.61 percent and the Cross-Listed index rose 2.58 points or 3.58 percent, with prices of 10 stocks falling compared with 14 in the previous week and 7 increasing similar to the prior week.

Scotiabank dropped $2.39 at the close of the week.

At the week’s close, Prestige Holdings ended 50 cents higher at $10.95 and CIBC Caribbean Bank rallied 35 cents to $8.55.
Agostini fell $1.05 to $65, Scotiabank dropped $2.39 to close at $52.45 and First Citizens Bank shed 55 cents to $43.
At the week’s close, the average PE ratio of the market ended at 18.36, based on 2024 earnings and 12.45, based on estimated earnings for 2025, suggesting a 47 percent potential gain for stocks in 2025.

Stocks with the potential to gain 100 percent or more when the market comes back to life, include CIBC Caribbean Bank which could rise 180 percent, the severely undervalued Guardian Holdings, a 370 percent potential gain, Republic Holdings at 140 percent, First Citizens Bank 85 percent, Trinidad Cement with 260 percent, Eric Solis with a 190 percent potential gain and One Caribbean Media with 330 percent.
Investors should watch Massy Holdings with a 50 percent potential gain, Prestige Holdings, which could gain 100 percent and Scotiabank with the potential of a 50 percent gain.

Stocks close higher on T&T Stock Exchange


Winning and losing stocks shares the spotlight at the end of trading on the Trinidad and Tobago Stock Exchange on Friday, with the market indices getting lifts, following a 43 percent drop in the volume of stocks traded with a 53 percent greater value than on Thursday, resulting in 15 securities trading, down from 20 on Thursday and ending with prices of three stocks rising, three declining and nine ended firm.

The market closed with trading of 375,395 shares valued $4,582,061 compared to 656,068 stock units at $3,003,287 on Thursday.
An average of 25,026 shares were traded at $305,471 compared with 32,803 units valued at $150,164 on Thursday, with trading for the month to date averaging 25,880 shares at $271,108, in line with 25,955 units at $268,095 on the previous day and an average for May of 24,702 shares at $146,628.
The Composite Index popped 11.50 points to conclude trading at 1,038.00, the All T&T Index climbed 5.77 points to 1,511.02, the SME Index remained at 91.81 and the Cross-Listed Index increased 2.47 points to close trading at 74.45.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and three with lower offers.
At the close of the market, Agostini’s finished at $65 after an exchange of 204 shares, Ansa McAl ended at $44, with just 716 shares trading, CIBC Caribbean Bank ended at $8.55 with an exchange of 2,530 units. First Citizens Group remained at $43 after investors traded 6,219 shares, GraceKennedy remained at $3.85 in switching ownership of 1 stock unit, Guardian Holdings gained 25 cents to finish at $17 with traders dealing in 579 shares. JMMB Group rose 8 cents and ended at $1.15 after an exchange of 2 units, Massy Holdings sank 3 cents to $3.92 in trading 286,778 stocks, NCB Financial ended at $1.98 with 7,100 stock units clearing the market. Point Lisas remained at $4.15 with investors trading 3,385 shares, Prestige Holdings advanced 4 cents to close at a 52 week high of $10.95, with 6,996 stock units crossing the exchange, Republic Financial dipped 8 cents to end at $112.02 with investors trading 25,149 stocks. Scotiabank ended at $52.46, with 510 units crossing the market, Trinidad & Tobago NGL remained at $3.75 in an exchange of 32,476 shares and Unilever Caribbean fell 1 cent to end at $13.99 with 2,750 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.


Stocks mostly rise on Trinidad Exchange


Rising stocks outnumbered losers on the Trinidad and Tobago Stock Exchange on Thursday, resulting in 20 securities trading down from 22 on Wednesday and ending with prices of eight stocks rising, three declining and nine ending firm, with the volume traded declining 30 percent and the value 88 percent lower than on Wednesday.

The market closed with trading of 656,068 shares worth $3,003,287, down from 943,806 stock units at $24,776,351 on Wednesday.
An average of 32,803 shares were traded at $150,164 compared with 42,900 units for $1,126,198 on Wednesday, with trading month to date averaging 25,955 shares at $268,095 compared with 25,048 units at $283,702 on the previous day and an average for May of 24,702 shares at $146,628.
The Composite Index popped 5.40 points to conclude trading at 1,026.50, the All T&T Index rose 2.44 points to 1,505.25, the SME Index remained unchanged at 91.81 and the Cross-Listed Index gained 1.20 points to close at 71.98.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
At the close of market activity, Agostini’s popped $2 and ended at $65, with 51 shares crossing the exchange. Ansa McAl rallied $1 to $44, with investors dealing in 1,686 units, Ansa Merchant Bank ended at $39.49, with 50 shares clearing the market. CIBC Caribbean Bank remained at $8.55 with traders dealing in 20 stock units, First Citizens Group fell 50 cents to end at $43 after 1,113 stocks crossed the market, GraceKennedy rose 15 cents to close at $3.85 as investors exchanged 60 units. Guardian Holdings lost $1.25 to land at $16.75 after a transfer of 15,500 shares, Guardian Media advanced 2 cents to $1 with investors trading 178 stock units, Massy Holdings ended at $3.95 in switching ownership of 4,189 stocks. National Enterprises rose 2 cents to end at $2.44 with investors swapping 5,821 shares, National Flour Mills increased 2 cents in closing at $1.65 in an exchange of 10,110 stock units, NCB Financial rallied 18 cents to close at $1.98 with 110,000 stocks changing hands. One Caribbean Media remained at $2.70 after an exchange of 7,773 units, Point Lisas remained at $4.15 with investors trading 16,968 shares, Prestige Holdings ended at $10.91 with an exchange of 5,858 stocks. Republic Financial declined 10 cents and ended at $112.10 after 1,864 units passed through the market. Scotiabank ended at $52.46 in trading 824 stock units, Trinidad & Tobago NGL rose 1 cent to end at $3.75 with 454,488 shares crossing the market. Unilever Caribbean remained at $14 in an exchange of 16,202 units and West Indian Tobacco closed at $4.95 after 3,313 stocks changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Main Market ICTOP10 steady, Juniors volatile


Action in the ICTOP10 was mostly in the Junior Market, except for the Main Market’s Margaritaville, that fell 25 percent to close at $10. ICTOP10 Main Market stocks were relatively stable at the close of the week, but the Junior Market list bounced around.

At the close of the week, Guardian Holdings rose 4 percent to $355. In the Junior Market, Limners & Bards climbed 13 percent to $1.22, MFS Partners rallied 6 percent to 53 cents, Elite Diagnostic fell 13 percent to $1.25 and AMG Packaging lost 11 percent to close at $2.13.
In the All JSE ICTOP10 listings NCB Financial replaced Scotia Group.
The average PE for the JSE Main Market ICTOP 10 is just 5.9, well below the market average of 13. The Junior Market TOP10 stands at 6, less than half the market’s average of 14.5.
In the Main Market, ICTOP10, 16 stocks with the highest values account for 31 percent of the Main Market, with PE ratios between 15 and 43, with an average of 23 and a PE of 20 for the top half of the market with the highest values.
In the Junior Market IC TOP10, 21 stocks or 44 percent of the market have PEs ranging from 15 to 39, with an average of 22 and a PE of 22 for half of the market with the highest PEs.
ICTOP10 focuses on likely yearly winners. The list includes some of the best companies in the market and others that are not blue chip. Sometimes, they include weaker companies that may be oversold and end up on the list. ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued stocks and remove emotions when selecting stocks for investments.
IC TOP10 stocks that will likely deliver the best returns 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. Revisions to earnings are ongoing, based on the receipt of new information.
Persons who compiled this report may have an interest in the securities commented on in this report.

 

Falling stocks hit Trinidad Stock Exchange


Falling stocks overwhelmed winners on the Trinidad and Tobago Stock Exchange on Wednesday, severely denting the market indices, resulting from trading in 22 securities compared with 18 on Tuesday, with prices of just three stocks rising, 11 declining and eight ending firm. At the close, the volume of stocks traded just inched higher, with a 236 percent jump in value over Tuesday.

The market closed with the trading of 943,806 shares for $24,776,351, up from 940,574 stock units at $7,366,374 on Tuesday.
An average of 42,900 shares were traded at $1,126,198 compared with 52,254 stock units at $409,243 on Tuesday, with trading for the month to date averaging 25,048 shares at $283,702 compared with 22,004 units at $140,025 on the previous day and an average for May of 24,702 shares at $146,628.
The Composite Index fell 10.95 points to 1,021.10, the All T&T Index lost 13.17 points to finish at 1,502.81, the SME Index remained unchanged at 91.81 and the Cross-Listed Index dipped 1.20 points to cease trading at 70.78.
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 of trading, Agostini’s sank $2 and ended at $63 after a transfer of 249 shares, Ansa McAl skidded 78 cents to a 52 week low of $43 in trading 214 stocks, Ansa Merchant Bank ended at $39.49 after an exchange of a mere 3 units. Calypso Macro Investment Fund fell 20 cents to $23 with a transfer of 89 shares, CIBC Caribbean Bank advanced 30 cents to end at $8.55 after trading of 264,124 stock units, Eric Solis Marketing declined 5 cents to finish at $4.15 in an exchange of 2 shares. First Citizens Group sank 50 cents to $43.50 with investors trading 499,739 stocks, Guardian Holdings popped $1 in closing at $18 with 5 units crossing the market, JMMB Group remained at $1.07 with an exchange of 3 stock units. Massy Holdings dipped 5 cents and ended at $3.95, with 72,613 shares crossing the market, National Enterprises shed 2 cents to finish at $2.42, with investors dealing in 80,668 units, National Flour Mills ended at $1.63 after 3,573 stocks passed through the market. NCB Financial lost 18 cents to close at a 52 week low of $1.80, with 1,600 stock units crossing the exchange, One Caribbean Media remained at $2.70 with 73 shares changing hands, Point Lisas dipped 9 cents in closing at $4.15 after an exchange of 47 stock units. Prestige Holdings gained 30 cents and ended at a 52 week high of $10.91, with 3,902 stock units clearing the market, Republic Financial slipped 2 cents to  $112.20 as investors exchanged 736 stocks, Scotiabank sank $1.54 to end at a 52 week low of $52.46 in switching ownership of 2,809 units. Trinidad & Tobago NGL remained at $3.74 after it closed with 10,715 stocks changing hands, Trinidad Cement ended at $2.15 after an exchange of 312 shares, Unilever Caribbean closed at $14 with investors trading 1,030 stock units and West Indian Tobacco remained at $4.95 with traders dealing in 1,300 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading jumps on Trinidad Stock Exchange


Trading jumped on the Trinidad and Tobago Stock Exchange on Tuesday with the volume of stocks traded rising 225 percent, valued 415 percent more than on Monday, and ended with activities in 18 securities, compared with 19 on Monday and ending with prices of three stocks rising, five declining and 10 ending firm.

The market closed with trading of 940,574 shares for $7,366,374, up sharply from 289,072 stock units at $1,428,980 on Monday.
An average of 52,254 shares were traded at $409,243, well above the 15,214 units at $75,209 on Monday, with trading for the month to date ending with an average of 22,004 shares at $140,025 compared with 17,098 units at $96,367 on the previous day and in line with an average for May of 24,702 shares at $146,628.
The Composite Index skidded 3.95 points to conclude trading at 1,032.05, the All T&T Index shed 7.65 points to close trading at 1,515.98, the SME Index remained unchanged at 91.81 and the Cross-Listed Index closed firm at 71.98.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and three with lower offers.
At the close, Ansa McAl fell 21 cents and ended at a 52 week low of $43.78 with investors dealing in 523 shares, CIBC Caribbean Bank ended at $8.25 with a transfer of 725,547 units, First Citizens Group ended at $44, with 4,111 shares crossing the exchange. Guardian Holdings rallied 25 cents in closing at $17, with investors trading 14,185 stocks, Guardian Media lost 2 cents to close at 98 cents with 238 stock units clearing the market, JMMB Group ended at $1.07 with investors trading 2 shares. Massy Holdings remained at $4 after a transfer of 10,969 units, National Enterprises rose 2 cents to $2.44 in trading 4,014 stocks, National Flour Mills dipped 2 cents to close at $1.63 after an exchange of 21,999 stock units. NCB Financial ended at $1.98 after closing with an exchange of 110,000 shares, One Caribbean Media remained at $2.70 after 1,508 units were traded, Prestige Holdings closed at $10.61 after 11,756 stocks passed through the market. Republic Financial ended at $112.22 in an exchange of 2,758 stock units, Scotiabank remained at $54, with 621 shares changing hands, Trinidad & Tobago NGL ended with an exchange of 20,467 units at $3.74. Trinidad Cement sank 15 cents in closing at $2.15 after investors finished trading 4,788 stocks, Unilever Caribbean advanced 25 cents to finish at $14, following an exchange of 4,128 stock units and West Indian Tobacco shed 5 cents to close at a 52 week low of $4.95, with 2,960 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Winning stocks rule Trinidad Stock Exchange


Rising stocks pushed the Trinidad and Tobago Stock Exchange higher on Monday, following trading in 19 securities compared with 18 on Friday and ending with prices of nine rising, four declining and six ending firm after a 15 percent plunge in the volume of stocks traded with a modestly higher value than on Friday.

The market closed with trading of 289,072 shares worth $1,428,980, compared to 340,257 stock units at $1,387,986 on Friday.
An average of 15,214 shares were traded at $75,209, just down from 18,903 units at $77,110 on Friday, with trading for the month to date ending with an average of 17,098 shares at $96,367, closely aligned with 17,487 units at $100,738 on the previous day and an average for May of 24,702 shares at $146,628.
The Composite Index climbed 2.10 points to end at 1,036.00, the All T&T Index advanced 3.35 points to conclude trading at 1,523.63, the SME Index remained unchanged at 91.81 and the Cross-Listed Index popped 0.11 points to settle at 71.98.
Investor’s Choice bid-offer indicator shows none ended with a bid higher than the last selling price and three with lower offers.
At the close of the day, Agostini’s sank $1.05 to end at $65 with a transfer of 204 shares, Angostura Holdings remained at $14.79 after the trading of 9 units, Ansa McAl dipped 1 cent to end at a 52 weeks low of $43.99 with just one share trading. CIBC Caribbean rose by 5 cents and ended at $8.25 in an exchange of 2,251 stock units, First Citizens Group gained 45 cents to finish at $44 after closing with 4,621 stocks changing hands, Guardian Holdings ended at $16.75 1,517 shares. Guardian Media popped 2 cents to $1 with traders dealing in 11 stock units, JMMB Group climbed 1 cent to end at $1.07 after an exchange of 1,350 stocks, Massy Holdings increased 5 cents in closing at $4 with investors dealing in 9,103 units. National Enterprises slipped 2 cents to $2.42, with 104,827 shares changing hands, National Flour Mills advanced 3 cents and ended at $1.65 with an exchange of 11,600 units, NCB Financial closed at $1.98 with an exchange of 110,550 shares. Prestige Holdings rallied 16 cents to $10.61 in trading 134 units, Republic Financial rose 7 cents to end at $112.22, with 2,875 shares crossing the exchange, Scotiabank skidded 85 cents in closing at a 52 week low of $54, with investors trading 1,000 stocks. Trinidad & Tobago NGL remained at $3.74 in an exchange of 10,631 units, Trinidad Cement closed at $2.30 with investors swapping 4,500 stock units, Unilever Caribbean ended at $13.75 after an exchange of 10,708 shares and West Indian Tobacco climbed 3 cents to $5, with 13,180 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Two weeks’ rally ends for T&T stocks


The Trinidad and Tobago Stock Exchange declined in the past week, with the prices of 14 stocks dropping while just 7 rose, following gains in the market in the previous two weeks. The past week ended with declines of more than one percent each in each of the three main market indices.

The Composite index fell 12.73 points or 1.22 percent, the All T&T index lost 15.63 points or 1.02 percent and the Cross-Listed index fell 1.54 points or 1.83 percent.
Scotiabank gained 85 cents to close at $54.85 and Trinidad Cement rose 35 cents to $2.30.
Ansa McAl lost $1 in ending at $44, Agostini fell 95 cents to $66.05, First Citizens Bank shed 45 cents to $43.55, with Calypso Micro Index Fund dropping 31 cents to $23.20.
At the close of the market for the week, the average PE ratio of stocks rose to 18.45, based on 2024 earnings and 12.44, based on estimates of 2025 earnings, suggesting a 26 percent potential gain for stocks in 2025.
Stocks with the potential to gain 100 percent or more when the market comes back to life, include CIBC Caribbean Bank which could rise by 180 percent, the severely undervalued Guardian Holdings, with a 330 percent potential gain, Republic Holdings at 120 percent, First Citizens Bank 70 percent, Trinidad Cement with 110 percent, Eric Solis with a 190 percent potential gain and One Caribbean Media with 260 percent.
Investors should watch Massy Holdings with a 50 percent potential gain, Prestige Holdings, which could gain 70 percent and Scotiabank with the potential of a 35 percent gain.

Falling stocks outpace risers on TTSE


Declining stocks were just less than twice the number of those rising on the Trinidad and Tobago Stock Exchange on Thursday, following trading in 18 securities compared with 17 on Wednesday and ending with prices of five stocks rising, nine declining and four ended firm, with modest increase in the volume and value of stocks traded over Wednesday and slippage in the market indices.

The market closed with trading of 272,853 shares worth $1,868,848 compared to 272,277 stock units at $1,837,670 on Wednesday.
An average of 15,159 shares were traded at $103,825, slightly below 16,016 stock units at $108,098 on Wednesday, with trading month to date averaging 17,143 shares at $106,485, which is comparable with 17,781 units at $107,343 on the previous day and an average for May of just 24,702 shares at $146,628.
The Composite Index lost 4.32 points to end trading at 1,034.87, the All T&T Index slipped 4.79 points to 1,521.56, the SME Index remained unchanged at 91.81 and the Cross-Listed Index lost 0.53 points to end at 71.96.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Ansa McAl fell $1 in closing at $44 with an exchange of 1,140 shares, Ansa Merchant Bank dipped 1 cent to $39.49, with an exchange of just 2 stocks, Calypso Macro Investment fell 31 cents and ended at $23.20, with 16 shares changing hands. GraceKennedy ended at $3.75 with investors trading 378 stock units, Guardian Holdings dipped 25 cents to close at $16.75 in an exchange of 12,000 units, JMMB Group fell 9 cents to end at $1.06, with 5,453 stocks clearing the market. Massy Holdings dipped 5 cents to $4 after an exchange of 53,744 units, National Enterprises popped 2 cents to end at $2.44 with a transfer of just one share, National Flour Mills advanced 3 cents in closing at $1.64, with 5,000 stock units crossing the market. NCB Financial remained at $1.98 with traders dealing in 9,434 shares, One Caribbean Media rose 3 cents to close at $2.70 after an exchange of 1,851 stock units, Point Lisas climbed 19 cents to finish at $4.24 with investors swapping 49 units. Prestige Holdings shed 6 cents and ended at $10.45 after 13,148 stocks passed through the market, Republic Financial declined 4 cents to $112.16 in trading 4,512 shares, Scotiabank increased 60 cents to end at $54.85 after an exchange of 1,638 units. Trinidad & Tobago NGL slipped 26 cents in closing at $3.76 in trading 156,248 units, Unilever Caribbean ended at $13.75 with an exchange of a mere one stock and West Indian Tobacco remained at $5 with 8,238 units crossing the market.

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