Calypso Micro top TTSE performer for week


Stock Exchange closed the week with marginal movements in the market Indices, with trading resulting in 11 stocks rising and seven  falling, compared with eight stocks rising and 9 declining last week.

The biggest mover was Calypso Micro Index Fund that dropped $1.0 in the prior week, climbing $1.40 to close at $24.95, followed by Point Lisas, up 78 cents to $4.24, Republic Holdings gained 50 cents to end at $112.50 and Unilever Caribbean rose 41 cents to $13.15.
The biggest loser was One Caribbean Media with a fall of 24 cents to $2.75.

At the close of the market for the week, the average PE ratio of stocks rose to 17.98, based on 2024 earnings and slipped to 12.67, based on estimates of 2025 earnings, suggesting a 29 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 200 percent, the severely undervalued Guardian Holdings, with a 380 percent potential gain, Republic Holdings at 140 percent, First Citizens Bank 80 percent, Trinidad Cement with 325 percent, Eric Solis with a 180 percent potential gain and One Caribbean Media with 320 percent.
Investors should watch Massy Holdings with a 50 percent potential gain, Prestige Holdings, which could gain 100 percent, Trinidad and Tobago NGL, 350 percent and Scotiabank with the potential of a 50 percent gain.

Trading surges on Trinidad Stock Exchange


Rising stocks were just edged out by declining ones on the Trinidad and Tobago Stock Exchange on Friday, following trading in 19 securities, up from 15 on Thursday and ending with prices of five rising, six declining and eight ended firm, with the volume of stocks traded, jumping 639 percent and valued 312 percent more than on Thursday.

Trading closed on the market with an exchange of 1,018,368 shares worth $4,677,794, up from just 137,723 stocks at $1,135,737 on Thursday.
An average of just 53,598 shares were exchanged at $246,200, up from 9,182 stock units at $75,716 on Thursday, with trading month to date averaging 28,685 shares at $163,427 compared to 27,149 units at $158,324 on the previous day and an average for April of 16,843 shares at $114,481.
The Composite Index climbed 3.41 points to 1,042.22, the All T&T Index gained 7.52 points to finish at 1,527.38, the SME Index remained at 91.85 and the Cross-Listed Index shed 0.14 points to end at 73.21.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers.
At the close, Agostini’s ended at $67 with an exchange of 42 shares, as Angostura Holdings closed at $14.80 with 91 stocks traded, Ansa McAl remained at $46 with 66 shares crossing the market. Ansa Merchant Bank ended at $39.50 after a transfer of 5 units, CIBC Caribbean Bank ended trading at $8.25 after 221,784 stock units were exchanged, First Citizens shed 25 cents to finish at $43.75 with investors swapping 197 stocks. GraceKennedy slipped 1 cent to $3.89 after an exchange of 441,829 units, Guardian Holdings fell 15 cents to finish at $16.50 with a transfer of 59 shares, JMMB Group fell 1 cent and ended at $1.15 after trading of 220,000 stock units. Massy Holdings remained at $4.05 as investors exchanged 7,032 shares, National Enterprises closed at $2.44 after trading of 500 stocks, One Caribbean Media dipped 24 cents to close at $2.75 with 16,982 units changing hands. Prestige Holdings ended at $10.60 in an exchange of 71 stock units, Republic Financial popped 30 cents and ended at $112.50, with 4,568 shares crossing the market, Scotiabank rallied 75 cents to finish at $53.75 in an exchange of 380 units. Trinidad & Tobago NGL rose 2 cents in closing at $3.57 with 225 stocks clearing the market, Trinidad Cement advanced 10 cents to end at $2.45 with investors swapping 101,758 stock units, Unilever Caribbean climbed 14 cents to close at $13.15 with 2,179 shares crossing the exchange and West Indian Tobacco fell 5 cents to $5.05 with traders dealing in 600 stocks.

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

Winners outpace losers on T&T Exchange  


Winning stocks outpaced losers on the Trinidad and Tobago Stock Exchange on Thursday, resulting from trading in just 15 securities down from 17 on Wednesday and closed with prices of seven rising, three declining and five ended firm, following a 19 percent rise in with the volume of stocks traded rising, with a 30 percent lower value than on Wednesday.

The market closed with trading of 137,723 shares for $1,135,737 compared to 115,351 stock units at $1,616,686 on Wednesday.
An average of 9,182 shares were traded at $75,716 compared with 6,785 stock units at $95,099 on Wednesday, with trading month to date averaging 27,149 shares at $158,324, in line with 28,068 units at $162,553 on the previous day and April with an average of 16,843 shares at $114,481.
The Composite Index rose 0.47 points to close at 1,038.81, the All T&T Index climbed 0.91 points to end trading at 1,519.86, the SME Index remained unchanged at 91.85 and the Cross-Listed Index remained at 73.35.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s remained at $67 with investors trading 12 shares, Angostura Holdings rose $14.80 in switching ownership of 582 stocks, Ansa McAl gained $1 to $46 with 22 units crossing the market. CIBC Caribbean Bank ended at $8.25 after an exchange of 18,197 shares, First Citizens Group rallied 28 cents and ended at $44, with trading of 1,663 stock units, Guardian Holdings popped 15 cents to finish at $16.65 after a transfer of 2,560 shares. Massy Holdings gained 5 cents to close at $4.05 after 95,979 stock units passed through the market, National Enterprises slipped 1 cent in closing at $2.44 in an exchange of 9,359 units, One Caribbean Media remained at $2.99 with traders dealing in just one stock. Point Lisas rose 64 cents to close at $4.24 after an exchange of 1,671 shares, Prestige Holdings remained at $10.60 after the trading of 600 stocks, Republic Financial rallied 20 cents to finish at $112.20 with 2,990 stocks changing hands. Scotiabank lost $1 to $53 with investors dealing in 1,400 units, Unilever Caribbean advanced 2 cents in closing at $13.01 with a transfer of 2,287 shares and West Indian Tobacco fell 6 cents to close at $5.10 after 400 stocks were traded.

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

Scotia jumps $3 on T&T Stock Exchange 


Scotiabank jumped $3 in trading on the Trinidad and Tobago Stock Exchange on Wednesday and helped to lift the market higher at the close, with the volume of stocks traded declining 67 percent valued 4 percent more than on Tuesday as trading ended with in 17 securities trading as was the case on Tuesday and ending with prices of six stocks rising, four declining and seven ended firm.

The market closed with trading of 115,351 shares worth $1,616,686 compared to 354,864 stock units at $1,555,142 on Tuesday.
An average of 6,785 shares were traded at $95,099 compared with 20,874 units valued at $91,479 on Tuesday, with trading month to date averaging 28,068 shares at $162,553 compared with 29,379 units at $166,708 on the previous day and an average for April of 16,843 shares at $114,481.
The Composite Index advanced 1.00 points to close at 1,038.34, the All T&T Index rose 1.54 points to settle at 1,518.95, the SME Index remained unchanged at 91.85 and the Cross-Listed Index inched 0.06 points higher to end at 73.35.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, Angostura Holdings gained 10 cents and ended at $14.80 after investors exchanged 1,000 shares, Ansa Merchant Bank remained at $39.50, with trading of 250 stock units, First Citizens Group popped 22 cents to end at $43.72 after 3,248 shares passed through the market. Guardian Holdings dropped 15 cents to $16.50 with investors trading 8,122 units, JMMB Group lost 6 cents to close at $1.16 in switching ownership of 36,000 stocks, Massy Holdings ended at $4 with investors trading 16,544 shares. National Enterprises remained at $2.45 after a transfer of 14,430 stock units, National Flour Mills rallied 2 cents to $1.70, with investors swapping 10,806 stocks, One Caribbean Media ended at $2.99 with an exchange of 95 units. Point Lisas dropped 64 cents and ended at $3.60 after closing with 81 stocks changing hands, Prestige Holdings remained at $10.60 with 18 shares clearing the market, Republic Financial ended at $112 after an exchange of 6,543 stock units. Scotiabank rose $3 to $54 after investors ended the trading of 7,007 units, Trinidad & Tobago NGL advanced 4 cents to close at $3.55 in an exchange of 608 shares, Trinidad Cement sank 5 cents in closing at $2.35 with traders dealing in 287 stock units. Unilever Caribbean rose 14 cents and ended at $12.99 in an exchange of 110 units and West Indian Tobacco remained at $5.16 with 10,202 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Winners edged losers on T&T Exchange


Winning stocks edged out losers on the Trinidad and Tobago Stock Exchange on Tuesday, resulting in 17 securities being traded, down from 23 on Monday and ending with prices of six rising, four declining and seven ending firm, resulting in and the volume of stocks traded rising 167 percent and valued 72 percent more than on Monday.

The market closed with trading of 354,864 shares for $1,555,142, up from 133,047 stocks at $902,024 on Monday.
An average of 20,874 shares were traded at $91,479, well above the 5,785 units at $39,218 on Monday, with trading for the month to date averaging 29,379 stock units at $166,708, in line with 29,938 units at $171,646 on the previous day, compared to an average for April of 16,843 shares at $114,481.
The Composite Index popped 0.86 points to 1,037.34, the All T&T Index lost 7.49 points to end at 1,517.41, the SME Index remained unchanged at 91.85 and the Cross-Listed Index rose 1.37 points to 73.29.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, Agostini’s dipped 3 cents and ended at $67 with investors dealing in 1,522 shares, Ansa McAl shed $1 to $45 in switching ownership of 100 units, Calypso Macro Investment Fund rallied $1.40 in closing at $24.95 with trading in 12,837 stocks. CIBC Caribbean Bank increased 5 cents to end at $8.25 in an exchange of 31,193 shares, First Citizens Group remained at $43.50 with investors ending up trading 559 stocks, GraceKennedy climbed 15 cents to finish at $3.90 in an exchange of 12,715 shares. Guardian Holdings ended at $16.65, with 24 stock units crossing the market, Massy Holdings rose 2 cents to $4 after an exchange of 341 units, National Enterprises gained 1 cent in closing at $2.45 with a transfer of 1,715 stocks. National Flour Mills declined 2 cents to end at $1.68 as investors exchanged 174,281 shares, NCB Financial popped 2 cents to finish at $2.02, with 100,000 stock units crossing the market, Prestige Holdings ended at $10.60 in trading 47 units. Republic Financial remained at $112 after 942 stocks crossed the exchange, Scotiabank sank $1 to finish at $51 with investors trading 427 units, Trinidad & Tobago NGL ended at $3.51 and closed, with an exchange of 1,462 stocks. Unilever Caribbean remained at $12.85 with 10,046 shares being traded and West Indian Tobacco remained at $5.16, with 6,653 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Point Lisas rose 78 cents, Scotia drops $1.98

Point Lisas gained 78 cents and Scotiabank dropped $1.98 in trading on the Trinidad and Tobago Stock Exchange on Monday, with activity in 23 securities up from 17 on Friday and ending with prices of eight stocks rising, five declining and 10 ended firm with the volume of stocks traded declining 84 percent, valued 71 percent less than on Friday.

The market closed with 133,047 shares being exchanged, worth $902,024, compared to 832,603 stocks at $3,149,610 on Friday.
An average of 5,785 shares were traded for $39,218, well below the 48,977 units at $185,271 on Friday, with trading month to date ending with an average of 29,938 shares at $171,646 compared with 32,292 units at $184,552 on the previous day and an average for April of 16,843 shares at $114,481.
The Composite Index dipped 7.43 points to end at 1,036.48, the All T&T Index slipped 2.04 points to end at 1,524.90, the SME Index remained unchanged at 91.85 and the Cross-Listed Index lost 1.85 points to cease trading at 71.92.
Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than the last selling price and three with lower offers.
At the close of trading, Agostini’s slipped 1 cent to finish at $67.03 with investors swapping 124 shares, Angostura Holdings remained at $14.70 with an exchange of 54 stocks, Ansa McAl ended at $46 with 35 shares clearing the market.

Ansa Merchant Bank remained at $39.50 in trading 10 units, CIBC Caribbean Bank rose 5 cents to $8.20 after 7 stocks passed through the market, First Citizens Group ended at $43.50 in an exchange of 1,010 shares. GraceKennedy sank 10 cents in closing at $3.75 and ended with an exchange of 27,029 stocks, Guardian Holdings ended at $16.65 with 2,078 units crossing the exchange, Guardian Media shed 3 cents to close at 97 cents in switching ownership of 300 stock units. JMMB Group rallied 7 cents to end at $1.22 with investors dealing in 3 shares, Massy Holdings popped 7 cents to finish at $3.98 in an exchange of 10 stock units, National Enterprises remained at $2.44 with 22,591 stocks changing hands. National Flour Mills gained 6 cents to $1.70 in the trading of 14,224 units, NCB Financial remained at $2 with 21,387 stocks crossing the market, One Caribbean Media ended at $2.99 with a transfer of 16 units. Point Lisas increased 78 cents to finish at $4.24 as investors exchanged 100 shares, 

Prestige Holdings dipped 1 cent to close at $10.60 with 350 stock units crossing the market, Republic Financial ended at $112 with traders dealing in 788 shares. Scotiabank sank $1.98 in closing at $52 after an exchange of 40 stocks, Trinidad & Tobago NGL remained at $3.51 with investors trading 3,045 units, Trinidad Cement climbed 25 cents to finish at $2.40 after a transfer of 251 stock units. Unilever Caribbean advanced 11 cents and ended at $12.85 with investors trading 36,713 shares and West Indian Tobacco popped 1 cent to close at $5.16 after an exchange of 2,882 stocks.

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

MFS Partners leaps in ICTOP10


The Junior Market ICTOP10 has two new listings since ICInsider.com’s report two weeks ago, with MFS Partners and Caribbean Assurance Brokers, moving into the Junior Market TOP10, following a period with some sharp movements in the Jamaica stock market and the top 10 listings.

AMG Packaging declined 14 percent, Elite Diagnostic dived 13 percent, Dolla Financial dropped 12 percent and Express Catering slipped 5 percent. Following the solid increase of 176 percent in the first quarter profit, Caribbean Flavours jumped sharply by 29 percent, followed by Kintyre Holdings, up 6 percent and Iron Rock Insurance with a gain of 5 percent.
Trading in the Main Market IC TOP 10 was steadier than the Junior Market, Margaritaville rising 14 percent, Guardian Holdings climbing 12 percent and Scotia Group rising 8 percent. 138 Student Living lost 9 percent, following a 36 percent fall in profit reported in the March quarter, Caribbean Producers and NCB Financial fell 6 percent each, even as the former reported a meaningful 20 percent increase in first quarter earnings.
The Junior Market had two new listings in the ICTOP10, following the falling out of Caribbean Flavours and Iron Rock Insurance. In the All JSE ICTOP10 listings, Express Catering and Scotia Group were replaced by Caribbean Assurance Brokers and MFS Partners.
The average PE for the JSE Main Market ICTOP 10 is just 5.5, well below the market average of 13.3. The Junior Market TOP10 stands at 5.9, less than half the market’s average of 13.5.
In the Main Market, ICTOP10 are 16 stocks with the highest values, accounting for 31 percent of the Main Market, with PE ratios between 15 and 43, with an average of 21 and a PE of 18 for the top half of the market with the highest values.
In the Junior Market IC TOP10, 16 stocks or 33 percent of the market have PEs ranging from 15 to 30, with an average of 21 and a PE of 19 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 are 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 securities commented on in this report 

Scotiabank jumps $3.98 for week on T&TSE

Scotiabank gained $3.98 this week on the TTSE.

The Trinidad and Tobago Stock Exchange closed the week with gains, with the Composite Index rose 0.77 percent, while the ALL T&T Total Index gained 1.05 percent, resulting from 8 stocks rising and 9 declining.

Scotiabank jumped a hefty $3.98 or nearly 8 percent to $53.98 after a big fall last week, First Citizens Bank gained 50 cents to close at $43.50 and Unilever Caribbean rose 59 cents to $12.79.

Ansa McAl dropped $2 following last fall of a similar amount in closing at $46, as investors continued to vote negatively to the bad decision of the board to suspend dividend payments for three years. Calypso Micro Index Fund dropped $1.20 to close at $23.55 and Point Lisas fell 79 cents to $3.46.

 At the close of the market for the week, the average PE ratio of stocks rose to 17.73, based on 2024 earnings and slipped to 12.44, based on estimates of 2025 earnings, suggesting a 29 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 200 percent, the severely undervalued Guardian Holdings, with a 380 percent potential gain, Republic Holdings at 140 percent, First Citizens Bank 85 percent, Trinidad Cement with 380 percent, Eric Solis with a 180 percent potential gain and One Caribbean Media with 300 percent.

Investors should watch Massy Holdings with a 50 percent potential gain, Prestige Holdings, which could gain 100 percent, Trinidad and Tobago NGL, 350 percent and Scotiabank with the potential of a 50 percent gain.

Declining stocks rule T&T Stock Exchange


Stocks ended with mostly losses on the Trinidad and Tobago Stock Exchange on Thursday, resulting from trading in 21 securities compared with 20 on Wednesday and ending with prices of five stocks rising, nine declining and seven ending firm, with the volume of stocks traded declining by 79 percent, with a 45 percent greater value than on Wednesday

The market closed with trading of 761,357 shares for $12,640,241, compared with 3,591,378 stocks at $8,707,441 on Wednesday.
Trading ended with an average of 36,255 shares being traded at $601,916 compared with 179,569 units at $435,372 on Wednesday, with trading for the month to date ended with an average of 30,996 shares at $184,495 compared with 30,439 units at $140,223 on the previous day and an average for April of 16,843 shares at $114,481.
The Composite Index dipped 0.39 points to end at 1,037.19, the All T&T Index dropped 1.21 points to 1,516.57, the SME Index remained unchanged at 91.85 and the Cross-Listed Index advanced 0.07 points to finish at 73.38.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers.
At the close of the market, Agostini’s remained at $67.04 in an exchange of 5 shares, Angostura Holdings ended at $14.70 and closed after 62 stock units changed hands, Ansa McAl remained at $46 after an exchange of 16 shares. Calypso Macro Investment Fund increased $1.09 to close at $24.60 after just 4 stocks passed through the market, CIBC Caribbean Bank popped 5 cents and ended at $8.15 after a transfer of 29,297 units, CinemaOne ended at $4.68 with 5 stocks crossing the market. First Citizens Group remained at $43 after an exchange of 9,990 shares, GraceKennedy dipped 5 cents to $3.85 after a mere 6 units crossed the market, Guardian Holdings lost 10 cents to finish at $16.65 with traders dealing in 4,076 stock units. Guardian Media ended at 97 cents as investors exchanged 2 shares, JMMB Group fell 7 cents to end at $1.15 with 201,700 units changing hands, Massy Holdings dropped 3 cents in closing at $3.97 with an exchange of 103,001 stocks. National Enterprises shed 6 cents to close at $2.44 after the trading of 2,500 stock units, National Flour Mills fell 1 cent to close at $1.64 in an exchange of 200 shares, NCB Financial slipped 39 cents to a 52 weeks’ low of $2 with investors trading 64,600 units. One Caribbean Media gained 29 cents and ended at $2.99 with 23 stocks clearing the market, Prestige Holdings sank 5 cents to end at $10.60 with investors dealing in 2,404 stock units, Republic Financial rose 20 cents to $112.20 with a transfer of 83,506 shares. Scotiabank declined $2 and ended at $52 with investors swapping 5 stock units, Trinidad & Tobago NGL remained at $3.50 in switching ownership of 170,272 units and Unilever Caribbean rallied 20 cents to end at $12.70 with investors trading 89,683 stocks.

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

Trading surged on T&T Stock Exchange


Trading surged on the Trinidad and Tobago Stock Exchange on Wednesday, with the volume of stocks traded jumping 3,594 percent, valued 1,058 percent more than on Tuesday, resulting in 20 securities trading the same as Tuesday and ending with prices of nine stocks rising, four declining and seven ended firm and driving the market higher.

Trading ended in the Composite Index rallying 3.96 points to 1,037.58, the All T&T Index rose 9.89 points to 1,517.78, with the SME Index remaining at 91.85 and the Cross-Listed Index falling 0.33 points to settle at 73.31.
Trading ended with an exchange of 3,591,378 shares worth $8,707,441 compared with 97,209 stock units at $751,677 on Tuesday.
An average of 179,569 shares were traded at $435,372, up from just 4,860 units at $37,584 on Tuesday, with trading month to date averaging 30,439 shares at $140,223, well above the 13,682 units at $107,059 on the previous day and an average for April of 16,843 shares at $114,481.
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 of an active trading session, Agostini’s dipped 21 cents and ended at $67.04 with investors dealing in 3,999 shares, Angostura Holdings ended at $14.70 in an exchange of 1,065 stocks, Ansa McAl remained at $46 in closing at 122 shares. Calypso Macro Investment Fund fell $1.24 to end at $23.51 after an exchange of 303 stock units, First Citizens Group popped 50 cents in closing at $43, after 6,227 units passed through the market, GraceKennedy remained at $3.90 with an exchange of 31,993 stocks. Guardian Holdings ended at $16.75, with 1,036 units clearing the market, JMMB Group popped 7 cents to close at $1.22 in trading 11 shares, Massy Holdings increased 10 cents to end at $4 with 979 stock units crossing the market.
National Enterprises rose 5 cents in closing at $2.50 after ownership was switched for 235 shares, National Flour Mills ended at $1.65 with 17,001 stock units changing hands, NCB Financial rallied 19 cents and ended at $2.39 with traders dealing in 3,505,462 stocks. One Caribbean Media remained at $2.70, with 6,653 units crossing the market, 

Prestige Holdings ended at $10.65 with a transfer of 26 stocks, Republic Financial shed 20 cents in closing at $112 after an exchange of 574 shares. Scotiabank gained $3 to close at $54 with investors trading 1,948 stock units, Trinidad & Tobago NGL advanced 14 cents to finish at $3.50 after a transfer of 3,905 units, Trinidad Cement rose 5 cents and ended at $2.15 as investors exchanged 99 stocks. Unilever Caribbean gained 10 cents to close at $12.50 with investors trading 2,080 units and West Indian Tobacco slipped 1 cent to end at $5.15 in an exchange of 7,660 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.