In Friday trading stocks ended with a 69 percent fall in volume with the value dropping 81 percent lower than on Thursday on the Trinidad and Tobago Stock Exchange, resulting from trading in 17 securities down from 19 on Thursday, with prices of six stocks rising, five declining and six remaining unchanged.
Investors exchanged 130,502 shares for $898,029 versus 418,746 stock units at $4,821,091 on Thursday.
An average of 7,677 units were traded at $52,825 down sharply from 22,039 shares at $253,742 on Thursday, with trading month to date averaging 21,840 shares at $166,796 compared with 25,184 units at $193,705 on the previous day. The average trade for September amounts to 21,948 shares at $198,506.
The Composite Index fell 2.52 points to settle at 1,211.14, the All T&T Index lost 6.01 points to conclude trading at 1,844.16, the SME Index climbed 9.28 points to finish at 79.75 and the Cross-Listed Index popped 0.17 points to 74.72.
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 shed 50 cents and ended at $68 after an exchange of 688 shares, Angostura Holdings ended at $22.98 in trading 21 units, Ansa Merchant Bank fell $1.75 to end at $42.50 in a swapping of 710 stock units, Calypso Macro Investment ended at $22.50 with investors switching owners of 4,368 stocks. Endeavour Holdings increased $1.95 to close at a 52 weeks’ high of $14.95 after 50 stock units changed hands, First Citizens Group gained 5 cents in closing at $49.05 with an exchange of 1,125 shares, FirstCaribbean International Bank ended at $7 in the trading of 102 stocks, Massy Holdings lost 11 cents to close at $4.84 with shareholders swapping 28,909 units. National Enterprises popped 5 cents and ended at $3.60 with an exchange of 57,248 units, National Flour Mills remained at $1.52 after a transfer of 10,289 stock units, NCB Financial advanced 1 cent to close at $3 as investors exchanged 1,600 shares, 
Prestige Holdings ended at $8.50 with investors dealing in 52 stocks. Republic Financial dipped 1 cent to a 52 weeks’ low of $119.99 after an exchange of 183 units, Scotiabank remained at $72.50, with 161 stock units changing hands, Trinidad & Tobago NGL rose 1 cent to end at $13, 4,525 stocks with crossing the exchange. Unilever Caribbean declined 11 cents and ended at $11.66 after 931 shares passed through the market and West Indian Tobacco rallied 4 cents to end at $10.10 after 19,540 units changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading plunges on Trinidad Exchange
Trading jumps on Trinidad Exchange
Trading jumped sharply on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded rising 242 percent with a value 356 percent more than on Wednesday resulting from the trading of 19 securities compared with 17 on Wednesday, with prices of six stocks rising, seven declining and six remaining unchanged resulting in one stock closing at a 52 weeks’ high and two at 52 weeks’ lows.
Investors exchanged 418,746 shares for $4,821,091 up from 122,598 stock units at $1,058,112 on Wednesday.
An average of 22,039 units were traded at $253,742 compared to 7,212 shares at $62,242 on Wednesday, with trading month to date averaging 25,184 shares at $193,705 compared with 26,312 units at $172,183 on the previous day. The average trade for September amounts to 21,948 shares at $198,506.
The Composite Index popped 0.85 points to 1,213.66, the All T&T Index gained 2.61 points to finish at 1,850.17, the SME Index remained at 70.47 and the Cross-Listed Index declined 0.15 points to 74.55.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s ended at $68.50 with investors trading in 2,210 shares, Angostura Holdings rose 1 cent to $22.98 with an exchange of 21 stock units, Ansa McAl skidded 30 cents to close at $57.20, with 1,001 units clearing the market, Calypso Macro Investment Fund shed $1 in closing at $22.50 with shareholders swapping 4,000 stocks. First Citizens Group remained at $49 with traders dealing in 2,626 stocks, FirstCaribbean International Bank gained 3 cents to $7 in switching ownership of 5,500 shares, GraceKennedy ended at $3.40, with 47,301 stocks crossing the market, Guardian Holdings rallied 5 cents to end at $19.05 after a transfer of 2,037 units. JMMB Group declined 2 cents in closing at a 52 weeks’ low of $1.41 after 32,500 stock units crossed the market, Massy Holdings advanced 11 cents to close at $4.95 with stakeholders exchanging 178,446 stocks, National Enterprises remained at $3.55 with 90,855 shares changing hands, NCB Financial fell 1 cent and ended at $2.99 as investors exchanged 18,250 units. 
One Caribbean Media dipped 4 cents in closing at $3.78 with 120 stock units changing hands, Point Lisas climbed 44 cents to end at a 52 weeks’ high of $3.50 in an exchange of 340 units, Republic Financial remained at $120 in trading 14,807 shares, Scotiabank lost 1 cent to close at $72.50 closed after 13,972 stocks were traded. Trinidad & Tobago NGL dipped 1 cent to a 52 weeks’ low of $12.99, with 3,978 shares crossing the exchange, Unilever Caribbean increased 17 cents in closing at $11.77 after 570 stock units passed through the market and West Indian Tobacco ended at $10.06 after an exchange of 212 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Falling stocks beat gainers on Trinidad Exchange
Declining stocks ended with a two to one advantage in trading on the Trinidad and Tobago Stock Exchange on Wednesday, with the volume of stocks traded declining 11 percent with a 62 percent lower value than on Tuesday and resulted in the trading of 17 securities compared with 21 on Tuesday, with five stocks rising, 10 declining and two remaining unchanged.
Investors exchanged 122,598 shares for $1,058,112 down from 138,059 stock units at $2,781,930 on Tuesday.
An average of 7,212 units were traded at $62,242 compared to 6,574 shares at $132,473 on Tuesday, with trading month to date averaging 26,312 shares at $172,183 compared with 35,331 units at $224,100 on the previous day. The average trade for September ended at 21,948 shares at $198,506.
The Composite Index rallied 0.82 points to finish at 1,212.81, the All T&T Index dipped 0.59 points to close at 1,847.56, the SME Index remained unchanged at 70.47 and the Cross-Listed Index rose 0.33 points to conclude trading at 74.70.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and five with lower offers.
At the close, Agostini’s remained at $68.50, with 4 shares changing hands, Angostura Holdings slipped 1 cent to end at $22.97 after an exchange of 40 units, Ansa McAl rose 25 cents to $57.50 after 2 stocks changed hands, First Citizens Group dipped 1 cent in closing at $49 after trading 862 stock units. FirstCaribbean International Bank shed 2 cents to close at $6.97, with 2,000 stocks crossing the market, GraceKennedy advanced 10 cents and ended at $3.40 with investors dealing in 4,000 stock units, Guardian Holdings skidded 5 cents to end at $19 after a transfer of 13,451 units, JMMB Group rallied 2 cents to close at $1.43 with stakeholders exchanging 5,201 shares. Massy Holdings slipped 1 cent to $4.84 with an exchange of 12,380 shares, National Enterprises fell 5 cents in closing at $3.55 after an exchange of 75,672 stocks, 
Point Lisas lost 24 cents to close at $3.06, with 500 stock units crossing the market, Republic Financial dipped 1 cent and ended at a 52 weeks’ low of $120 with a transfer of 2,111 units. Scotiabank ended at $72.51 in an exchange of 1,062 stocks, Trinidad & Tobago NGL gained 10 cents to close at $13 after 3,071 stock units changed hands, Trinidad Cement fell 1 cent to end at $3.13 with traders dealing in 14 shares, Unilever Caribbean skidded 20 cents in closing at $11.60, with 500 units clearing the market and West Indian Tobacco popped 1 cent to close at $10.06 in trading 1,728 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading dips on the Trinidad Exchange
Trading dropped sharply on the Trinidad and Tobago Stock Exchange on Tuesday, with the volume of stocks traded declining 88 percent, with the value 47 percent lower than on Monday and resulting in trading of 21 securities, up from 15 on Monday and ended with prices of seven stocks rising, seven declining and seven remaining unchanged.
Investors exchanged 138,059 shares for $2,781,930 versus 1,133,869 stock units at $5,285,656 on Monday.
An average of 6,574 units were traded at $132,473 compared to 75,591 shares at $352,377 on Monday, with trading month to date averaging 35,331 shares at $224,100 compared with the average trade for September of 21,948 shares at $198,506.
The Composite Index rallied 4.28 points to end at 1,211.99, the All T&T Index dropped 2.53 points to settle at 1,848.15, the SME Index remained unchanged at 70.47 and the Cross-Listed Index rose 1.62 points to close at 74.37.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and five with lower offers.
At the close, Agostini’s remained at $68.50 after trading just 2 shares, Angostura Holdings dropped 1 cent in closing at $22.98 in switching ownership of 118 stock units, Ansa McAl declined 65 cents to close at $57.25 as 18,084 units passed through the market, 
Endeavour Holdings ended at $13, with investors exchanging 57 stocks. First Citizens Group popped 1 cent and ended at $49.01 with investors transferring 8,166 shares, FirstCaribbean International Bank shed 1 cent to end at $6.99 after 100 stocks were traded, Guardian Holdings dipped 5 cents in closing at $19.05, with 310 stock units crossing the market, Guardian Media ended at $2.01 with traders dealing in 805 units. JMMB Group slipped 1 cent to close at $1.41 with an exchange of 18,013 units, L.J. Williams A share rallied 1 cent and ended at a 52 weeks’ high of 21 cents with 1,000 shares clearing the market, Massy Holdings remained at $4.85 after an exchange of 33,119 stock units, National Enterprises increased 5 cents to $3.60, with 4,623 stocks changing hands. National Flour Mills fell 1 cent to end at $1.52 with shareholders swapping 700 units,
NCB Financial popped 23 cents to close at $3 while exchanging 10,200 shares, One Caribbean Media rose 12 cents to $3.82 as investors exchanged 170 stocks, Prestige Holdings ended at $8.50 in trading 260 stock units. Republic Financial inched 1 cent up to close at $120.01 with a transfer of 3,436 shares, Scotiabank ended at $72.51 after a transfer of 3,334 units, Trinidad & Tobago NGL ended at $12.90 with investors trading 28,158 stocks, Unilever Caribbean gained 1 cent to end at $11.80 in an exchange of 12 stock units and West Indian Tobacco lost 15 cents and ended at $10.05 with stakeholders exchanging 7,392 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
4 changes to ICTOP10 stocks
In a week with four changes to the ICTOP10 stock listings, the select list of stocks racked up some impressive gains to close out the past week and the ninth month of the year, following solid gains during the week for the Jamaica Stock Exchange Junior and the Main Market. Junior Market rose more than 150 points and rose above the August close, while the Main Market index jumped 14,765 points for the week and the All Jamaica Index is up 12,156 points with both up modestly over the August close.
Top performing stock in the past week.
Coming into the Junior Market TOP10 are Lasco Financial, Dolphin Cove and Lasco Distributors, as Everything Fresh, General Accident and iCreate dropped out. General Accident replaced Caribbean Cement that fell out of the Main Market TOP10.
The Main Market closed the week with Caribbean Cement jumping 16 percent to close at $56.80, Guardian Holdings ran up 14 percent to close the week at $506.60, followed by a 10 percent increase in Jamaica Broilers to $34 and a 6 percent rise in JMMB Group to $29, all other price changes were 4 percent or less.
The Junior Market saw Everything Fresh jumping 28 percent to $1.75, followed by Caribbean Assurance Brokers leaping 20 percent to $3.38 as supply of the stock below this price has dried up and One-On-One Educational Services and General Accident are up a notable 15 percent to $1.15 and $6 respectively and finally, Image Plus rose 7 percent to $2.17.
Caribbean Producers reported full year earnings to June of J$0.90 per share, excluding one off item. ICInsider.com projects earnings of $1.70 for the current year, pushing the stock jumps to 6th position in the top 10 to number 7 on the list.
At the end of the week, the average PE for the JSE Main Market TOP 10 is 4.9, well below the market average of 12.4. The Main Market TOP10 is projected to gain an average of 330 percent, by May 2024, based on 2023 forecasted earnings.
A total of 15 of the most highly valued stocks representing 23 percent of the Main Market are priced with a PE of 15 to 109, with an average of 29 and 19 excluding the highest PE ratios, with a PE of 23 for the top half and 16 excluding the stocks with the over weighted valuations.
The PE of the Junior Market Top 10 sits at 5.7 just half of the market at 11.2. There are 13 stocks or 27 percent of the market, with PEs from 15 to 28, averaging 19 that are well above the market’s average. The top half of the market has an average PE of 15, possibly the lowest fair value for Junior Market stocks currently and is projected to rise by 255 percent down from 288 percent last week by May 2024.
The divergence between the average PE of the Main and Junior Markets and the overall market valuation are important indicators of the level of likely gains for ICTOP10 stocks.
ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market but not always. 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 are likely to deliver the best returns up to the end of 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.
Mixed trading on the Jamaica Stock Exchange
Trading ended mixed on the Jamaica Stock Exchange on Thursday, with a fall in the volume and value of stocks traded while the Junior Market and the JSE USD Index rose as the JSE Main Market index fell following a $22 fall in the price of Guardian Holdings as the All Jamaican Composite Index rose modestly.
At the close of the market, the JSE Combined Market Index shed 2,157.21 points to close at 334,118.11, the All Jamaican Composite Index increased 368.40 points to close at 350,789.36, the JSE Main Index declined 2,429.16 points to 320,347.77, the Junior Market Index rose 11.60 points to 3,846.67, while the JSE USD Market Index rose 5.22 points to finish at 257.74.
At the close, investors traded 23,642,772 shares in all three markets, down from 58,796,275 stock units on Wednesday. The value of stocks traded on the Junior and Main markets amounted to $94.79 million, down from $373.3 million on Wednesday. Trading on the JSE USD market ended with investors exchanging 1,133,465 shares for US$157,008 compared with 1,007,248 units at US$34,775, on Wednesday.
In the preference segment, 138 Student Living preference share advanced $2 to end at $105.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 20 on 2022-23 earnings and 1.11 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily report 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 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.
Big bounce for JSE Main Market
The Main Market index of the Jamaica Stock Exchange jumped sharply on Wednesday, with a 17 cents rise in Transjamaican share price following the announcement of a nearly 19 cents dividend payment in October more than twice the last amount paid, and with Guardian Holdings jumping $80, while the Junior Market rose and the JSE USD Index fell, but trading levels surged well above that on Tuesday as Wigton traded 30 million shares and Grace Kennedy 3.5 million shares at $253.8 million.
At close, the JSE Combined Market Index surged 6,224.67 points to close at 336,275.32, while the All Jamaican Composite Index jumped 4,951.59 points to 350,420.96, the JSE Main Index soared 6,384.67 points to end at 322,776.93, the Junior Market Index rose 29.61 points to 3,835.07, while the JSE USD Market Index slipped 1.47 points to finish at 252.52.
In closing, investors traded 58,796,275 shares in all three markets, up from 10,734,163 stock units on Tuesday. The value of stocks traded on the Junior and Main markets amounted to $373.3 million, up from $50.2 million on Tuesday. Trading on the JSE USD market ended with investors exchanging 1,007,248 shares for US$34,775 compared with 401,339 units at US$48,561, on Tuesday.
In the preference segment, 138 Student Living preference share advanced $22.70 to end at $103 and Productive Business Solutions 10.5% preference share dipped $1 and ended at $1,214.
The market’s PE ratio, the most popular measure used to determine the value of stocks ended at 19.7 on 2022-23 earnings and 10.9 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily report 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 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.
Trading plunges on the Trinidad Exchange
Fresh from closer of trading on the Trinidad and Tobago Stock Exchange on Monday due to a public holiday, the market reopened on Tuesday, with a sharp 84 percent fall in the volume of stocks traded, with the value diving 82 percent lower than on Friday and from trading in 15 securities, down from 19 on Friday, with six stocks rising, three declining and six remaining unchanged.
Investors exchanged 89,218 shares for $1,018,274 down from 559,401 stock units at $5,612,843 on Friday.
An average of 5,948 units were traded at $67,885 compared to 29,442 shares at $295,413 on Friday, with trading month to date averaging 17,139 shares at $185,866 compared with 17,702 units at $191,805 on the previous trading day and an average of 14,526 shares at $195,195 in August.
The Composite Index dipped 0.55 points to end at 1,209.70, the All T&T Index dipped 1.05 points to conclude trading at 1,850.16, the SME Index remained unchanged at 70.47 and the Cross-Listed Index remained unchanged at 73.41.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and four with lower offers.
At close, Agostini’s popped $1 to close at $68 with 72 shares clearing the market, Angostura Holdings ended at $22.98 after investors traded of 1,000 units, First Citizens Group gained 8 cents to close at $49.19 in switching ownership of 2,794 stocks. Guardian Holdings remained at $19.10 with traders dealing in just two stocks, Guardian Media lost 20 cents and ended at $2 with stakeholders exchanging 490 stock units, Massy Holdings shed 10 cents to end at $4.85 as investors exchanged 11,902 shares. National Enterprises rallied 5 cents to close at $3.60 after an exchange of 56,607 units, NCB Financial ended at $2.90, with 120 stocks crossing the market, Prestige Holdings climbed 5 cents and ended at $8 after a transfer of 6,000 shares. 
Republic Financial rose 49 cents to end at $121.99 after 99 stock units passed through the market, Scotiabank remained at $72.50 with a transfer of 6,807 units, Trinidad & Tobago NGL dipped 9 cents and ended at a 52 weeks’ low of $12.81 with an exchange of 927 stocks. Trinidad Cement remained at $3.14 with investors transferring a mere two stock units, Unilever Caribbean popped 10 cents to end at $11.80, with 908 stocks crossing the market and West Indian Tobacco ended at $10.20 in an exchange of 1,488 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Solid gains for ICTOP10 stocks
The ICTOP10 stocks racked up some solid gains to close out the past week, even as the Jamaica Stock Exchange Junior and the Main Market that suffered losses last week declined further this past week.
The Main Market had just two stocks with notable price changes this past week, with Scotia Group jumping 13 percent to $34 and Key Insurance slipping 8 percent to close the week at $2.55. There were more changes of note in the Junior Market ICTOP10 that closed the week with a 15 percent rise in General Accident Insurance to $5.24, the price of Elite Diagnostic rose 11 percent to $1.79 and Iron Rock Insurance gained 5 percent to end at $2.20. Image Plus with a 4 percent loss to $2.02, was the only declining stock of note.
Earnings for Margaritaville was adjusted to $3.10 for the current fiscal year ending May 2024, placing the stock at number 5 on the list.
At the end of the week, the average PE for the JSE Main Market TOP 10 is 5, well below the market average of 12.2. The Main Market TOP10 is projected to gain an average of 298 percent, to May 2024, based on 2023 forecasted earnings.
A total of 11 of the most highly valued stocks representing 23 percent of the Main Market are priced with a PE of 16 to 84, with an average of 31 and 21 excluding the highest PE ratios, with a PE of 21 for the top half and 17 excluding the stocks with the over weighted valuations.
The PE of the Junior Market Top 10 sits at 5.2 just half of the market at 10.4. There are 10 stocks or 26 percent of the market, with PEs from 15 to 29, averaging 19 that are well above the market’s average. The top half of the market has an average PE of 15, possibly the lowest fair value for Junior Market stocks currently, and projected to rise by 288 percent to May 2024.
The divergence between the average PE of the Main and Junior Markets and the overall market valuation are important indicators of the level of likely gains for ICTOP10 stocks.
The markets are not in a bullish state but there continue to be cases of slow upward movements in some prices as investors respond to some recent results leading them to quietly nibble away at the supplies of a number of stocks on offer and paving the way for price appreciation ahead. The list includes stocks such as Access Financial, AMG Packaging, Everything Fresh, Dolphin Cove, Caribbean Cream, Caribbean Assurance Brokers, Lasco Distributors, Lasco Manufacturing and Transjamaican Highway.
ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market but not always. 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.
ICTOP10 stocks are likely to deliver the best returns up to the end of 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 changes 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.
Prices drop on Trinidad Exchange
Falling stocks battered those rising at the close of trading on the Trinidad and Tobago Stock Exchange on Friday, with the volume of stocks traded rising 127 percent with a value 205 percent more than on Thursday, resulting from trading in 19 securities up sharply from just 10 on Thursday, with prices of two rising, seven declining and 10 remaining unchanged.
Investors exchanged 559,401 shares for $5,612,843 up from 246,775 stock units at $1,839,912 on Thursday.
An average of 29,442 units were traded at $295,413 compared to 24,678 shares at $183,991 on Thursday, with trading month to date averaging 17,702 shares at $191,805 compared with 16,903 units at $184,750 on the previous day. The average trade for August amounts to 14,526 shares at $195,195.
The Composite Index fell 1.77 points to finish at 1,210.25, the All T&T Index skidded 2.25 points to conclude trading at 1,851.21, the SME Index remained at 70.47 and the Cross-Listed Index skidded 0.17 points to close at 73.41.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s ended at $67 with an exchange of 1,656 shares, Angostura Holdings dipped 1 cent in closing at $22.98 after 5,070 stocks passed through the market, Ansa McAl remained at $57 with 5,000 units crossing the exchange, Calypso Macro Investment Fund skidded $1.55 to end at $23.50 with investors transferring 11 stock units. Endeavour Holdings ended at $13 in trading 50 units, First Citizens Group advanced 1 cent to $49.11 in switching ownership of 3,249 shares, FirstCaribbean International Bank shed 10 cents and ended at $6.90, with 3,634 stock units crossing the exchange, GraceKennedy dipped 1 cent to $3.28 with investors dealing in 106,160 stocks. Guardian Holdings remained at $19.10 after a transfer of 70 stock units, JMMB Group ended at $1.40 after an exchange of 192,693 units, Massy Holdings popped 11 cents to end at $4.95 in trading 57,734 stocks, 
National Enterprises remained at $3.55 after exchanging 124,154 shares. NCB Financial ended at $2.90 with a transfer of 100 stocks, Prestige Holdings remained at $7.95 with traders dealing in 2,071 units, Republic Financial ended at $121.50 while exchanging 15,854 shares, Scotiabank fell 25 cents to end at $72.50 after 18,280 stock units passed through the market. Trinidad & Tobago NGL lost 5 cents in closing at $12.90 with shareholders swapping 20,237 stock units, Unilever Caribbean declined 29 cents to $11.70 as investors exchanged 778 shares and West Indian Tobacco remained at $10.20 in an exchange of 2,600 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.