Trading ended on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded declining 32 percent with the value 16 percent less than on Wednesday resulting in trading in 17 securities similar to Wednesday and ended with seven stocks rising, six declining and four remaining unchanged.
Investors exchanged 110,572 shares for $2,716,960 compared to 162,542 stock units at $3,226,702 on Wednesday.
An average of 6,504 units were traded at $159,821 compared to 9,561 shares at $189,806 on Wednesday, with trading month to date averaging 12,558 shares at $162,634 compared with 13,201 units at $162,932 on the previous day. The average trade for November amounts to 19,241 shares at $227,402.
The Composite Index dipped 1.03 points to 1,180.31, the All T&T Index declined 2.81 points to wrap up trading at 1,777.52, the SME Index remained at 71.95 and the Cross-Listed Index advanced 0.12 points to settle at 75.75.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s gained 30 cents to end at $68.50 as investors exchanged 323 shares, Ansa McAl ended at $55.60 with a transfer of 359 units, Calypso Macro Investment Fund dropped 65 cents to $22.75 with investors dealing in 1,000 stocks. First Citizens Group popped 25 cents to $49.25 in an exchange of 1,011 units, GraceKennedy advanced 2 cents and ended at $4 with traders dealing in 50,340 shares, Guardian Holdings rose 14 cents to $17.40 while exchanging 3,627 units. Guardian Media ended at $2.01 in switching ownership of 100 stocks, Massy Holdings ended at $4.40 with stakeholders exchanging 4,200 shares, National Enterprises lost 15 cents and ended at $3.40 after a transfer of 13,354 shares. National Flour Mills rallied 14 cents to close at $1.94 after 174 stocks changed hands, 
Point Lisas fell 25 cents to $3.25 after an exchange of 830 units, Prestige Holdings dipped 5 cents and ended at $9.25 with investors transferring 36 stock units. Republic Financial slipped $1 to $123 after an exchange of 16,151 shares, Scotiabank increased 3 cents in closing at $70, with 3,209 units clearing the market, Trinidad & Tobago NGL ended at $10.50 after an exchange of 1,151 stocks. Trinidad Cement declined 9 cents in closing at $2.86 in the trading of 14,679 stock units and Unilever Caribbean climbed 32 cents to $11.80, with 28 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Slippage at Trinidad Exchange
JSE Market closed with mixed fortunes
Trading levels rose on the Jamaica Stock Exchange on Wednesday, with the volume of stocks changing hands exceeding the near 10 million shares on Tuesday fueled by a rise in value and resulting in the Main Market and Junior Market declining and the USD market closing marginally higher as Main Market stocks dominated.
Both GraceKennedy and Guardian Holdings led rising stocks with a gain of $2, followed by Kingston Wharves up $1.141 but declining stocks held the upper hand with Eppley dropping $2.49, Sagicor Group with a loss of $1.98, followed by NCB Financial down $1.85 and Massy Holdings off $1.44.
The JSE Combined Market Index popped 524.68 points to close trading at 323,875.43, while the All Jamaican Composite Index rallied 384.80 points to end at 346,482.52, the JSE Main Index dipped 173.48 points to wrap up trading at 310,953.91. The Junior Market Index gave most of the 54.04 points gained on Tuesday with a drop of 41.33 points to settle at 3,682.38to settle at 3,723.71 and the JSE USD Market Index gained 1.76 points to close at
Investors traded 11,954,522 shares, in all three markets, down from 9,863,787 units on Tuesday. The value of stocks traded on the Junior and Main markets amounts to a mere $48.78 million up from $36 million on Tuesday. The JSE USD market closed after 730,855 shares were traded, for US$13,102 compared to 102,487 units at US$9,725 on Tuesday.
In the preference segment, Eppley 7.50% preference share increased $1.26 and ended at $6.76 Jamaica Public Service 7% fell $1.50 to $44.5 and Productive Business Solutions 9.75% preference share skidded $11.15 to $105.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.2 on 2022-23 earnings and 13.8 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to navigate numerous investment options in the local stock market successfully. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and 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 reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume pertaining to the highest bid and the lowest offer for each company.
Rising stocks dominate Trinidad Exchange
Trading picked up on the Trinidad and Tobago Stock Exchange on Wednesday, with the volume of stocks traded rising 48 percent with the value 15 percent more than on Tuesday, resulting in 17 securities trading compared with 16 on Tuesday, with seven stocks rising, two declining and eight remaining unchanged with trading showing improved results over Tuesday when declining stocks overpowered those rising.
Investors exchanged 162,542 shares for $3,226,702 versus 110,164 stock units at $2,810,683 on Tuesday.
An average of 9,561 units were traded at $189,806 compared to 6,885 shares at $175,668 on Tuesday, with trading month to date averaging 13,201 shares at $162,932 compared with 13,634 units at $159,738 on the previous day. November closed with an average of to 19,241 shares for $227,402.
The Composite Index rallied 7.05 points to 1,181.34, the All T&T Index gained 14.25 points to settle at 1,780.33, the SME Index remained unchanged at 71.95 and the Cross-Listed Index fell 0.09 points to lock up trading at 75.63.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s dropped 30 cents to end at $68.20 after an exchange of 40 stocks, Angostura Holdings popped $1.50 to $18.50 in switching ownership of 15 units, Ansa McAl rallied 10 cents and ended at $55.60 after a transfer of 1,267 shares. Calypso Macro Investment Fund increased 64 cents to close at $23.40 with shareholders swapping 15 stock units, First Citizens Group ended at $49 after investors traded 920 shares, FirstCaribbean International Bank remained at $7 with an exchange of 39,450 stock units. GraceKennedy climbed 12 cents to close at $3.98 with 19,608 units changing hands, Guardian Holdings shed 74 cents in closing at $17.26 with investors transferring 1,000 stocks, JMMB Group remained at $1.29 after an exchange of 200 units. Massy Holdings ended at $4.40 with investors transferring 58,845 stocks,
National Enterprises ended at $3.55 after an exchange of 31 shares, National Flour Mills rose 2 cents to end at $1.80 with traders dealing in 150 stock units. Republic Financial rallied $1 to $124 after 16,240 shares crossed the exchange, Scotiabank advanced 17 cents and ended at $69.97, with 3,422 units changing hands, Trinidad & Tobago NGL ended at $10.50 with investors exchanging 20,864 stocks. Trinidad Cement ended at $2.95 with 100 stock units clearing the market and West Indian Tobacco remained at $9.07 in an exchange of 375 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Decline for Trinidad Stock Exchange
The Trinidad and Tobago Stock Exchange fell on Tuesday, with the volume of stocks traded declining 36 percent but with a value that was 122 percent more than on Monday resulting in trading of 16 securities compared with 19 on Monday, with three stocks rising, five declining and eight remaining unchanged.
The Composite Index shed 4.98 points to end at 1,174.29, the All T&T Index skidded 11.62 points to wrap up trading at 1,766.08, the SME Index remained unchanged at 71.95 and the Cross-Listed Index rallied 0.30 points to end trading at 75.72.
Investors exchanged 110,164 shares for $2,810,683 versus 172,277 stock units at $1,265,327 on Monday.
An average of 6,885 units were traded at $175,668 compared to 9,067 shares at $66,596 on Monday, with trading month to date averaging 13,634 shares at $159,738 compared with 14,484 units at $157,734 on the previous day compared with the average trade for November of 19,241 shares at $227,402.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s remained at $68.50 with traders dealing in 360 stocks, Angostura Holdings shed $2.97 in closing at $17 with an exchange of 15,011 units, Ansa McAl increased 50 cents to $55.50 with 40 shares being traded. First Citizens Group lost 25 cents to close at $49, with 1,505 stock units changing hands, GraceKennedy fell 14 cents to $3.86 with investors trading 50 shares, Guardian Holdings ended at $18 with a transfer of 35,767 units. JMMB Group popped 7 cents to end at $1.29 after an exchange of 648 stocks, Massy Holdings remained at $4.40 with investors transferring 25,653 stock units, National Enterprises ended at $3.55, with 9,661 shares crossing the exchange. 
National Flour Mills remained at $1.78 after a transfer of 225 stocks, One Caribbean Media ended at $3.80, after 6,400 units crossed the market, Prestige Holdings ended at $9.30 in an exchange of 336 stock units. Republic Financial advanced $1 to close at $123 in the trading of 13,146 shares, Scotiabank skidded 13 cents to end at $69.80 in switching ownership of 152 stocks, Unilever Caribbean remained at $11.48 as investors exchanged 341 units and West Indian Tobacco declined 21 cents to $9.07, with 869 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Mixed performance for Trinidad Exchange
Trading ended on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded rising 51 percent with the value falling sharply from that on Friday by 69 percent, resulting from trading in 19securities compared with 16 on Friday and ended with five stocks rising, five declining and nine remaining unchanged.
Investors exchanged 172,277 shares at $1,265,327 versus 113,918 stock units at $4,051,898 on Friday.
An average of 9,067 units were traded at $66,596 compared to 7,120 shares at $253,244 on Friday, with trading month to date averaging 14,484 shares at $157,734 compared to 15,437 units at $173,767 on the previous trading day. The average trade for November amounts to 19,241 shares at $227,402.
The Composite Index increased 0.66 points to close trading at 1,179.27, the All T&T Index rose 4.27 points to 1,777.70, the SME Index remained unchanged at 71.95 and the Cross-Listed Index skidded 0.45 points to settle at 75.42.
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 rose 5 cents to $68.50, with 87 stock units changing hands, Angostura Holdings ended at $19.97 with investors dealing in 113 shares, Calypso Macro Investment Fund remained at $22.76 after an exchange of 85 stocks. First Citizens Group gained 25 cents and ended at $49.25 in switching ownership of 100 units, FirstCaribbean International Bank remained at $7 with shareholders swapping 1,000 shares, GraceKennedy dipped 2 cents in closing at $4 in trading 66,213 stock units. Guardian Holdings ended at $18 with 1,080 stocks clearing the market, JMMB Group lost 7 cents to end at a 52 weeks’ low of $1.22 with an exchange of 11,500 units, L.J. Williams B share declined 2 cents and ended at $2.24 after closing with an exchange of one stock unit. Massy Holdings shed 4 cents to close at $4.40 with a transfer of 27,990 shares, National Enterprises ended at $3.55 as investors exchanged 5,539 units, National Flour Mills popped 6 cents to end at $1.78 after a transfer of 100 stock units. 
One Caribbean Media advanced 1 cent in closing at $3.80 after 200 shares crossed the exchange, Prestige Holdings remained at $9.30 with investors transferring 505 stock units, Republic Financial increased 90 cents to close at $122 in an exchange of 419 stock units. Scotiabank ended at $69.93 after 2,462 shares were traded, Trinidad & Tobago NGL ended at $10.50 after an exchange of 48,500 shares, Unilever Caribbean remained at $11.48, with 1,410 units crossing the market and West Indian Tobacco dropped 23 cents to end at $9.28 with stakeholders exchanging 4,973 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Shakeup of ICTOP10
The Main and Junior Markets closed the week lower, resulting in three new entrants into the top 10 listings and some notable price movements, with the two markets without a clear direction, but the Main Market is showing signs of bottoming out with a big breakout not seeming far away.
Some emerging signs of potential moves higher are emerging for some stocks, with a sharp decline in the volume of some select stocks being offered for sale, setting the stage for sharp upward push in prices of some stocks in the coming weeks. Scotia Group is one such, as it approaches the release of full year results and an announcement on dividend, but buying interest is currently low keyed. The stock trades at an extremely low PE of 5.7 times projected 2023 earnings. AMG Packaging trades at 6.5 times 2024 earnings with only 58,816 shares on offer at the close on Friday and so is Jamaica Teas, with offers now generally above $2.53, with buyers mostly at $2.30, Access Financial is yet another, but buying is weak, Caribbean Cement also has limited stocks on offer.
Four Junior Market stocks gained 6 percent and over and two ended with big losses, while the Main Market had two stocks with worthwhile gains and two with moderate losses of 4 and 6 percent.
The Main Market ICTOP10 ended with Palace Amusement rising 15 percent to $1.29, Key Insurance popped 10 percent to $2.20, while Margaritaville declined 6 percent to $16 and Caribbean Producers lost 4 percent to close at $9.08.
The Junior Market ended with Caribbean Cream jumping 19 percent to $3.69, AMG Packaging climbed 12 percent to $2.89 while Jamaica Teas rose 7 percent to $2.55, Iron Rock Insurance jumping 20 percent to $2.65 and Honey Bun rose 6 percent to $6.44. The losers were Iron Rock Insurance down 22 percent to $2.06 and Lasco Distributors with a fall of 12 percent to 3.61.
Honey Bun and Elite Diagnostic dropped out of Junior Market ICTOP10 and are replaced by Tropical Battery and Stationery and Office Supplies. Sygnus Credit Investments drop out of the Main Market TOP10 with Pulse Investments coming in to replace it.
Indications of where stock prices could be by May 2024 can be seen from stocks with the highest values in the Main and Junior Markets.
The average PE for the JSE Main Market ICTOP 10 stands at 5.3, well below the market average of 12.8. The Main Market ICTOP10 is projected to gain an average of 287 percent by May 2024, based on 2023 forecasted earnings and now provides better values than the Junior Market.
In the Main Market ICTOP 10, a total of 15 of the most highly valued stocks representing 31 percent of the Main Market are priced at a PE of 15 to 108, with an average of 29 and 19 excluding the highest PE ratios, and a PE of 23 for the top half and 20 excluding the stocks with overweight values.
The PE of the Junior Market TOP10 sits at 6.9, over half of the market, with an average of 13.2. There are 16 stocks, or 33 percent of the market, with PEs from 15 to 49, averaging 20 that are well above the market’s average. The top half of the market has an average PE of 18, possibly the lowest fair value for Junior Market stocks currently, with the market projected to rise by 200 percent on or around May 2024.
Of great significance is that the averages of both markets are now converging around a PE of 20 for close to a third of the market, as the year is coming to a close and with more information available on the full year’s earnings.
ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market, but this is not always so. ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued stocks and helping to remove emotions in selecting stocks for investments that often result in costly mistakes.
IC TOP10 stocks will likely deliver the best returns on or around May 2024 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 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.
Gains for Main & Junior Markets on Wednesday
Trading picked up on the Jamaica Stock Exchange on Tuesday with less volume of stocks trading with a lower value than on Tuesday, with both the Main and the Junior Market indices rising from Tuesday’s close while the JSE USD Market slipped. The Main Market benefitted from Guardian Holdings price movement, in recovering most of the $104.99 fall on Tuesday by jumping $100 on Wednesday, 
Grace climbed $1.99 to be to top performers in the market on the other hand Caribbean Cement dropped $19.01 followed by NCB Financial with a fall of $2.88.
Trading came to an end with, the JSE Combined Market Index climbing 1,462.59 points to 325.330.47, the All Jamaican Composite Index rose 197.16 points to 347,574.66, the JSE Main Index rallied 1,116.91 points to close at 312,105.71. The Junior Market Index jumped 47.42 points to finish trading at 3,725.17 and the JSE USD Market Index skidded 1.31 points to settle at 226.29.
Investors traded 13,928,517 shares, in all three markets, down from 20,284,498 units on Tuesday. The value of stocks traded on the Junior and Main markets amounts to $62.87 million down from $174.37 million on Tuesday. The JSE USD market closed after 228,802 shares were traded, for US$5,310 compared to 198,410 units at US$3,547 on Wednesday.
In the preference segment, Productive Business Solutions 9.75% preference share advanced $16.15 to close at $116.15.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.2 on 2022-23 earnings and 13.8 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to successfully navigate numerous investment options in the local stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and 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 reported as a guide to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume pertaining to the highest bid and the lowest offer for each company.
Trading climbs on Trinidad Exchange
Trading picked up over Tuesday levels at the close of the Trinidad and Tobago Stock Exchange on Wednesday, with a 144 percent jump in the volume of stocks traded valued at 33 percent more than Tuesday’s trades and resulted in trading in 18 securities compared to 19 on Tuesday, with prices of seven stocks rising, seven declining and four remaining unchanged as investors exchanged 494,821 shares for $3,334,424 versus 202,992 stock units at $2,504,852 on Tuesday.
The average trade on Wednesday was 27,490 shares at $185,246 compared to 10,684 units at $131,834 on Tuesday, with trading month to date averaging 18,590 shares at $166,885 compared with 15,875 units at $161,292 on the previous day and compares with an average for November of 19,241 shares at $227,402.
The Composite Index rose 4.06 points to settle at 1,178.06, the All T&T Index dropped 6.12 points to 1,772.78, the SME Index dropped 8.05 points to 71.95 and the Cross-Listed Index rallied 2.09 points to culminate at 75.81.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s ended at $68.50 after swapping 143 units, Angostura Holdings declined $1.49 to $20 as investors exchanged 2,500 stocks, Endeavour Holdings dropped $1.75 to $13.25 with 3,546 shares clearing the market. First Citizens Group climbed 6 cents to $49.16 with an exchange of 1,901 stock units, FirstCaribbean International Bank popped 5 cents to $7, with 11,123 shares crossing the market, GraceKennedy dropped 3 cents to $4 in an exchange of 5,348 units. Guardian Holdings fell 25 cents in closing at $18 with investors trading 700 stocks, JMMB Group dipped 1 cent to close at a 52 weeks’ low of $1.29 after exchanging 1,333 stock units, Massy Holdings popped 1 cent and ended at $4.45 in switching ownership of 69,369 shares. National Enterprises remained at $3.55 with investors dealing in 15,959 units, 
National Flour Mills remained at $1.72 with a transfer of 8,530 stocks, NCB Financial rose 9 cents to $3 with investors trading 356,125 stock units. Prestige Holdings shed 10 cents and ended at $9.40 while exchanging 1,337 shares, Republic Financial gained 50 cents to end at $120.50 with traders dealing in 11,397 stock units, Scotiabank skidded 17 cents to close at $69.80 in an exchange of 2,311 units. Trinidad & Tobago NGL rallied 1 cent to $10.51 and closed with an exchange of 1,393 stocks, Trinidad Cement increased 4 cents to end at $2.90 with stakeholders exchanging 1,000 shares and Unilever Caribbean ended at $11 after a transfer of 806 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big declines in Main & Junior Markets on Tuesday
Trading picked up on the Jamaica Stock Exchange on Monday with a greater volume of stocks trading at a much higher value than on Monday, with both the Main and the junior Market indices dropping from Monday’s close while the JSE USD Market rose after sharp declines in a series of stocks
led by Guardian Holdings, down $104.99, ISP finance with a fall of $7.50, Pan Jamaica down $5.41, Seprod falling $4.70, Eppley Property $4.30, Carib Cement off $2.77 and Access down $2,45.
Trading closed with a plunge in JSE Combined Market Index by 4,203.69 points to end trading at 323,867.88, the All Jamaican Composite Index dropped 3,347.62 points to finish at 347,377.50, the JSE Main Index dived 4,153.74 points to 310,988.80. The Junior Market Index dropped 35.17 points to wrap-up trading at 3,677.75 on Tuesday and the JSE USD Market Index rose 3.47 points to end trading at 227.60.
Investors traded 20,284,498 shares, in all three markets, up from 12,196,470 units on Monday. The value of stocks traded on the Junior and Main markets amounts to $174.37 million up from just $40.13 million on Monday, as Wisynco Group dominated trading with 5.18 million shares for $104 million. The JSE USD market closed after 198,410 shares were traded, for US$3,547 compared to 89,619 units at US$7,899 on Monday.
In the preference segment, Jamaica Public Service 7% popped $1 to end at $46.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 20.8 on 2022-23 earnings and 13.5 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to successfully navigate numerous investment options in the local stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and 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 reported as a guide to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume pertaining to the highest bid and the lowest offer for each company.
Drop in Trinidad and Tobago Stock Exchange
The Trinidad and Tobago Stock Exchange dropped on Tuesday, following a 17 percent fall in the volume of stocks traded with the value marginally lower than on Monday, resulting in the trading of 19 securities compared with 22 on Monday, with prices of four stocks rising, nine declining and six remaining unchanged.
Investors exchanged 202,992 shares for $2,504,852 compared with 246,017 stock units at $2,554,120 on Monday.
An average of 10,684 units were traded at $131,834 compared with 11,183 shares at $116,096 on Monday, with trading month to date averaging 15,875 shares at $161,292 compared with 18,341 units at $175,279 on the previous day. The average trade for November amounts to 19,241 shares at $227,402.
The Composite Index fell 5.50 points to conclude trading at 1,174.00, the All T&T Index dipped 10.51 points to settle at 1,778.90, the SME Index remained unchanged at 80.00 and the Cross-Listed Index shed 0.02 points to close trading at 73.72.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Agostini’s ended at $68.50 after exchanging 10 stock units, Angostura Holdings skidded 1 cent to $21.49, with 46 shares crossing the market, Ansa McAl gained $1 and ended at $55 in trading 1,183 units. Ansa Merchant Bank lost 50 cents to close at $43 with investors trading 24 stock units, Endeavour Holdings remained at $15 after a transfer of 70 units, First Citizens Group dipped 17 cents to $49.10 while exchanging 6,368 shares. FirstCaribbean International Bank shed 5 cents to end at $6.95 with traders dealing in 2,633 stocks, GraceKennedy declined 2 cents to $4.03 in an exchange of 1,230 stock units, Guardian Holdings popped 25 cents and ended at $18.25 with investors dealing in 100 shares. JMMB Group remained after one stock crossing the exchange at $1.30, Massy Holdings fell 1 cent to $4.44, with 151,159 units changing hands, 
National Enterprises increased 5 cents in closing at $3.55 after an exchange of 11,643 stock units. One Caribbean Media dipped 12 cents to close at $3.40, with 580 shares crossing the market, Prestige Holdings ended at $9.50 as investors exchanged 1,252 stock units, Republic Financial ended at $120, with 3,773 stocks clearing the market. Scotiabank lost 3 cents to close at $69.97 with investors transferring 11,549 units, Trinidad & Tobago NGL remained at $10.50 and closed after 5,721 shares were traded, Unilever Caribbean shed 29 cents in closing at $11 with an exchange of 150 units and West Indian Tobacco climbed 2 cents to close at $9.27 as 5,500 stocks passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.