Stocks suffered another day of big losses at the close of market activity on Wednesday, following drops on Monday and Tuesday, resulting from another day of more stocks falling than rising after 47 percent more shares changed hands, with 51 percent lower value than on Tuesday, at the close of the Trinidad and Tobago Stock Exchange.
Similar to Tuesday, 15 securities traded, with four rising, eight declining and three ending unchanged. The Composite Index shed 10.68 points to end at 1,442.41, the All T&T Index dropped 22.05 points to 1,976.48 and the Cross-Listed Index increased 0.21 points to settle at 122.05.
A total of 189,461 shares changed hands for $4,733,725 compared to 128,527 units at $9,586,327 on Tuesday. An average of 12,631 units traded at $315,582 compared to 8,568 at $639,088 on Tuesday, with month to date averaging 40,391 units at $316,206 versus 41,987 units at $316,242. Average trade for October amounts to 23,649 units at $227,589.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Agostini’s traded 12,280 shares at $24.50, Angostura Holdings fell 23 cents to $17.07, with 34,750 stocks clearing the market, Clico Investment Fund declined 9 cents to $27.51 after 49,303 units crossed the exchange. First Citizens Group dropped $1.44 to $57.10 after exchanging 515 stock units, GraceKennedy shed 1 cent to close at $6.25, with 539 stock units changing hands, Guardian Holdings remained at $30.33, with 13,306 shares crossing the market. JMMB Group rose 4 cents to $2.29 while exchanging 11,383 units, Massy Holdings dived $9.43 to $85.07 trading 14,030 stocks, National Enterprises gained 25 cents in closing at $3.25 trading 850 stock units. National Flour Mills finished unchanged at $1.84 with the swapping of 9,905 units One Caribbean Media advanced 5 cents to close at $4.40 after 3,300 shares changed hands, Trinidad & Tobago NGL declined 10 cents to $18.60 in switching ownership of 21,075 stock units. Trinidad Cement dropped 2 cents to $3.87 with an exchange of 47 shares, Unilever Caribbean increased 20 cents to $16.20 in exchanging 10,000 units and West Indian Tobacco fell 50 cents to $28.50 after exchanging 8,178 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Stocks dive in Trinidad for 3rd day
Trading volume tumbles on JSE USD market
Trading on Tuesday ended with the volume of shares changing hands declining 98 percent and the value 99 percent lower than on Monday, at the close of the Jamaica Stock Exchange US dollar market, resulting in more stocks falling stocks than rising.
Trading ended with eight securities changing hands, compared to nine on Monday, with the price of one rising, two declining and five ending unchanged.
The JSE US Denominated Equities Index lost 0.58 points to end at 196.30.
Overall, 115,602 shares traded, for US$4,072 contrasting to 5,180,361 units at US$780,108 on Monday. The PE Ratio, a measure used in computing appropriate stock values averages 12.1. The PE ratio uses earnings forecasts done by ICInsider.com for each company, with the financial year ending during the current year up to August 2022.
Trading averaged 14,450 units at US$509, compared to 575,596 shares at US$86,679 on Monday and month to date averages 84,044 shares at US$10,908 versus 89,297 units at US$11,693 on Monday. October ended with an average of 48,646 units for US$4,160.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, First Rock Capital USD share shed 0.4 cents of a cent to 6.6 US cents while exchanging 1,002 shares, MPC Caribbean Clean Energy remained at US$1.08 in an exchange of one stock unit, Proven Investments declined 0.44 of a cent in closing at 22.56 US cents and trading 9,884 stocks. Sterling Investments ended unchanged at 2 US cents in trading 2,000 units, Sygnus Credit Investments USD share finished at 13 US cents after exchanging 1,558 units, Sygnus Real Estate Finance USD share ended at 15 US cents in switching ownership of 657 shares and Transjamaican Highway remained at 0.85 US cents after 100,000 stock units crossed the exchange.
In the preference segment, JMMB Group 6% popped 10 cents to close at US$1.15 in exchanging 500 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Few winning Trinidad stocks Tuesday
Stocks dropped in trading on Tuesday as declining stocks clobbered those rising, with First Citizens Group leading those declining with a plunge of $6.46 after 98 percent fewer shares were traded, with a 44 percent drop in value compared to market activity on Monday, at the close of Trinidad and Tobago Stock Exchange.
This is the second day that only a few stocks rose, with the vast majority declining and comes against the backdrop of a sharp increase in covid-19 cases in the country that could lead to lockdown in economic activity.
At the close, 15 securities traded compared to 13 on Monday, with just two rising, eight declining and five unchanged. The Composite Index fell 8.21 points to 1,453.09, the All T&T Index dropped 15.88 points to close at 1,998.53 and the Cross-Listed Index remained at 121.84.
Only, 128,527 shares traded for $9,586,327 compared to 6,602,009 units at $17,229,529 on Monday.
An average of 8,568 units traded at $639,088 compared to 507,847 at $1,325,348 on Monday, with trading month to date averaging 41,987 units at $316,242 versus 44,024 units at $296,557. The average trade for October amounts to 23,649 units at $227,589.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini’s remained at $24.50, with 4,339 shares changing hands, Ansa McAl ended unchanged at $58 trading 120 stock units, Clico Investment Fund rallied 3 cents to close at $27.60 in switching ownership of 12,932 units. First Citizens Group plunged $6.46 to $58.54 in trading 1,250 stocks, Guardian Holdings shed 74 cents in closing at $30.33 after exchanging 333 stock units, JMMB Group ended unchanged at $2.25 after clearing the market with 8,170 stocks. Massy Holdings fell 50 cents to close at $94.50 with the swapping of 1,365 shares, National Enterprises lost 25 cents to end at $3 with an exchange of 1,000 units, National Flour Mills ended unchanged at $1.84 with 100 stocks changing hands. One Caribbean Media dropped 41 cents to $4.35 in exchanging 1,000 shares, Republic Financial Holdings increased $1.01 to close at $138, with 39,217 stock units crossing the market, Scotiabank lost $3.48 to end at $62.52 after 48,995 units crossed the exchange. Trinidad & Tobago NGL finished unchanged at $18.70 with 6,574 stock units changing hands, Unilever Caribbean fell 20 cents to $16 while exchanging 798 units and West Indian Tobacco declined 98 cents in closing at $29 in an exchange of 2,334 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Huge surge in trading on JSE USD market
The level of trading surged sharply on Monday, ending with the volume of shares changing hands spiking 4,327 percent and the value surging 4,871 percent over Friday’s levels at the close of the Jamaica Stock Exchange US dollar market, resulting in an even number of stocks rising and falling.
Trading ended with nine securities changing hands, up from seven on Friday, with prices of two rising, two declining and five ending unchanged.
The JSE US Denominated Equities Index gained 0.96 points to end at 196.88. Overall, 5,180,361 shares traded for US$780,108 up from 117,025 units at US$15,695 on Friday.
The PE Ratio, a measure used in computing appropriate stock values, averages 12.2. The PE ratio uses earnings forecasts done by ICInsider.com for each company, with the financial year ending during the current year up to August 2022.
Trading averaged 575,596 units at US$86,679, compared to 16,718 shares at US$2,242 on Friday and month to date averages 89,297 shares at US$11,693 versus 44,176 units at US$4,736 on Friday. October ended with an average of 48,646 units for US$4,160.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and no stock with a lower offer.
At the close, First Rock Capital USD share rallied 0.1 of a cent in closing at 7 US cents while exchanging 842 shares, Margaritaville finished unchanged at 9 US cents with an exchange of 65,070 stocks, Proven Investments declined 0.44 of a cent in ending at 23 US cents with the swapping of 40,373 stock units. Sygnus Credit Investments Jamaican dollar denominated share remained at 12.83 US cents in an exchange of 53 units, Sygnus Credit Investments USD share rose half a cent to end at 13 US cents, with 4,481 units clearing the market, Sygnus Real Estate Finance USD share ended at 15 US cents after trading 5,000,478 shares. Transjamaican Highway finished unchanged at 0.85 f a US cent with 60,764 stocks changing hands.
In the preference segment, JMMB Group 5.75% fell 3 cents in closing at US$2.02, with 5,000 stock units crossing the market and JMMB Group 6% remained at US$1.05 in switching ownership of 3,300 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JMMB Group commands TTSE trading
The value and volume of stocks trading on Monday surged sharply, with fewer securities changing hands than on Friday on Trinidad and Tobago Stock Exchange after JMMB group led trading with 6.5 million shares or 98.5 percent of the total leading to 1,920 percent more shares being exchanged, with 557 percent higher value.
A total of 13 securities traded compared to 16 on Friday, with one rising, four declining and eight ending unchanged. The Composite Index dropped 3.84 points to 1,461.30, the All T&T Index dipped 7.03 points to 2,014.41 and the Cross-Listed Index slipped 0.06 points to settle at 121.84.
A total of 6,602,009 shares traded, for $17,229,529 compared to 326,780 units at $2,623,019 on Friday. An average of 507,847 units traded at $1,325,348 compared to 20,424 at $163,939 on Friday, with trading month to date averaging 44,024 units at $296,557 versus 18,146 units at $239,157. The average trade for October amounts to 23,649 units at $227,589.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and five stocks with lower offers.
At the close, Agostini’s ended unchanged at $24.50 in exchanging 7,520 shares, Ansa McAl remained at $58, with 1,494 stock units clearing the market, Clico Investment Fund finished at $27.57 trading 11,500 stocks. GraceKennedy traded 10,082 units at $6.26, JMMB Group declined 1 cent to $2.25 with an exchange of 6,508,545 stock units, Massy Holdings lost 58 cents in closing at $95 after exchanging 179 stocks. National Enterprises ended unchanged at $3.25 while exchanging 22,290 units, NCB Financial Group finished unchanged at $8, with 1,052 shares crossing the exchange, Prestige Holdings remained at $7.01, with 7,973 stocks in switching owners. Republic Financial Holdings dropped $3.01 to $136.99, with 7,490 units crossing the market, Scotiabank shed $3 to $66, with 3,275 shares changing hands, Unilever Caribbean gained 19 cents to end at $16.20 trading 5,757 stock units and West Indian Tobacco ended at $29.98 after exchanging 14,852 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading rises but stocks mostly fell
Trading on Friday ended with the volume of shares changing hands rising 81 percent after 166 percent more funds entered the market than Thursday, at the close of the Jamaica Stock Exchange US dollar market, resulting in more stocks falling than rising.
Trading ended with seven securities changing hands, compared to six on Thursday, with prices of two rising, four declining and one ending unchanged.
The JSE US Denominated Equities Index fell 0.56 points to end at 195.92. The PE Ratio, a measure used in computing appropriate stock values, averages 12.2. The PE ratio uses earnings forecasts done by ICInsider.com for each company, with the financial year ending during the current year up to August 2022.
Overall, 117,025 shares traded for US$15,695 up from 64,596 units at US$5,898 on Thursday.
Trading averaged 16,718 units at US$2,242, compared to 10,766 shares at US$983 on Thursday and month to date averages 44,176 at US$4,736 in contrast to 46,312 units at US$4,929 on Thursday. October ended with an average of 48,646 units for US$4,160.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and no stock closed with a lower offer.
At the close, First Rock Capital USD share shed 0.1 of a cent to 6.9 US cents in exchanging eight shares, Margaritaville fell 0.45 cents, in ending at 9 US cents after switching ownership of 41,754 units, Proven Investments popped 0.85 of a cent to close at 23.44 US cents while exchanging 49,602 stock units. Sygnus Credit Investments Jamaica dollar share dropped 0.17 of a cent to end at 12.83 US cents with 393 stocks crossing the market, Sygnus Credit Investments USD share ended at 12.5 US cents, with 2,131 shares changing hands, Sygnus Real Estate Finance USD share declined 1 cent to end at 15 US cents after finishing trading of 1,500 units and Transjamaican Highway popped 0.01 of a cent to 0.85 of one US cent with an exchange of 21,637 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
First Citizens hits record high
Market activity ended on Friday, with First Citizens Group surging $8 to a record close of $65 in switching ownership of 353 shares and is a part of the number of stocks beating out those declining, after 32 percent fewer shares were traded, with 17 percent less value than on Thursday at the close of the Trinidad and Tobago Stock Exchange.
Sixteen securities traded down from 18 on Thursday, with five rising, three declining and seven left unchanged.
The Composite Index popped 3.97 points to 1,465.14, the All T&T Index rallied 4.66 points to 2,021.44 and the Cross-Listed Index rose 0.45 points to settle at 121.90.
A total of 326,780 shares traded for $2,623,019, down from 483,231 units at $3,165,008 on Thursday.
An average of 20,424 units traded at $163,939 down from 26,846 shares at $175,834 on Thursday, with trading month to date averaging 18,146 units at $239,157 versus 17,978 units at $244,702. The average trade for October was 23,649 units at $227,589.
Investor’s Choice bid-offer indicator shows four stocks ended with higher bids than their last selling prices and five with lower offers.
At the close, FirstCaribbean International Bank ended at $6.15 in an exchange of 2,000 units, GraceKennedy spiked 15 cents to $6.26 in trading 76 stocks. Guardian Holdings declined 42 cents to $31.07 after 94 stock units changed hands, Guardian Media remained at $3.15 after exchanging 977 units, JMMB Group finished unchanged at $2.26 with an exchange of 235,258 stock units. Massy Holdings closed at $95.58 after 10,050 shares passed through the market, National Enterprises traded 300 stocks at $3.25, National Flour Mills fell 6 cents to $1.84, with 223 stocks changing hands. NCB Financial Group dipped 3 cents to $8 in trading 60,900 stock units, Prestige Holdings popped 1 cent to end at $7.01 in exchanging 8,973 units, Republic Financial Holdings ended at $140 after trading 2,979 shares. Scotiabank increased 90 cents to $69 with the swapping of 865 stocks, Trinidad & Tobago NGL finished unchanged at $18.70, with 850 units crossing the market, Unilever Caribbean lost 19 cents to close at $16.01 while exchanging 1,244 shares and West Indian Tobacco rallied 3 cents to close at $29.98 after trading 1,638 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.