After a brief reprieve, the Trinidad & Tobago Stock Exchange return to losing ways with all three indices declining on Tuesday as the number of securities trading rose over Monday’s level but with no stock rising.
At the close of trading, the T&T Composite Index declined by 3.77 points to 1,267.35. The All T&T Index was down 4.60 points to 1,669.15, while the Cross Listed Index lost 0.40 points to close at 117.13.
Investors exchanged 17 securities resulted in five stocks declining, twelve unchanged and no stock advancing. The volume of stocks passing through the market amounted to 270,942 shares valued at $7,464,144, upon the 142,753 shares for $696,761 on Monday.
IC bid-offer Indicator│ The Investor’s Choice bid-offer indicator ended with the bids of three stocks higher than their last selling prices and four with lower offers.
Losers│ Clico Investments closed at $22.50, with a loss of $1.25 after transferring 13,951 shares, First Caribbean International lost 9 cents to close at $7.60, with an exchange of 1,308 units, Grace Kennedy finished 1 cent lower at $2.86 after 59,000 shares crossed the exchange. Guardian Media shed 35 cents to end at a 52 weeks’ low of $6.40, in trading 967 units and National Flour fell by 15 cents to $1.10, with 5,150 stock units changing hands.
Firm Trades│ Angostura Holdings traded 12,557 shares at $13.85, Ansa Merchant Bank closed at $36.30, with a transfer of 1,168 units, 
First Citizens Bank exchanged 374 units at $39.40. JMMB Group swapped 107,435 shares at $1.95, Prestige Holdings closed at $7.50, with 500 units changing hands, Republic Financial Holdings was unchanged at $132.65, after transferring 46,138 shares. Scotiabank exchanged 4,376 stock units at $54.75, Trinidad Cement ended at $1.90, in swapping 35 units, Trinidad & Tobago NGL finished at $16.90, in trading 5,289 stock units, Unilever Caribbean closed at $17.05, with a transfer of 2,500 units and West Indian Tobacco remained at $30.90, after an exchange of 194 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The Market closed with an average of 467,969 units valued $2,080,475 for each security traded, in contrast to 410,412 units valued at an average of $2,124,137 on Friday. The average volume and value for the month to date amount to 996,058 units valued at $3,638,209 for each security changing hands, compared to 1,025,936 units valued at $3,731,907 for each security traded. Trading in March resulted in an average of 1,146,245 units valued at $7,550,295 for each security.
Key Insurance gained 30 cents after exchanging 46,773 stock units and closed at a 52 weeks’ high of $5.20, Mayberry Investments shed 35 cents to settle at $5.20, with a transfer of 202,000 shares. NCB Financial Group plunged $12 to end at $140, in trading 163,821 shares in reaction to the suspension of dividend payments by banks, mandated by Bank of Jamaica. PanJam Investment fell $1.85 to $75.50, with 1,760 units changing hands, Sagicor Group closed $3.37 lower in reaction to the suspension of dividends announced by Jamaica Central Bank and finished at $46, after trading 101,069 shares. Scotia Group also reacted negatively to the dividend suspension dropping $2 lower to end at $45, with 66,944 stock units crossing the exchange, Seprod fell $3.20 to $44.60, in transferring 2,255 units and Sygnus Credit Investments closed at $15.99, shedding 95 cents trading 23,433 stock units.
Market activity resulted in five securities changing hands, with one stock rising, two declining and two remaining unchanged. At the close, the market index lost 3.50 points to 190.18 and the average PE ratio ended at 13.1 times 2020 earnings.
Price movements were mostly moderate in trading on the Trinidad and Tobago Stock Exchange on Monday with volume and value well down on Friday’s levels.
Firm Trades│ First Citizens Bank exchanged 130 units at $39.40, First Caribbean International closed at $7.69, with 668 units changing hands, Massy Holdings traded 102 units at $50. National Enterprises transferred 1,238 units at $4.15, NCB Financial closed at $8, with 2,608 stock units crossing the market, Scotiabank was unchanged at $54.75, after trading 952 units. Trinidad & Tobago NGL ended at $16.90, with an exchange of 3,115 units and West Indian Tobacco swapped 841 units at $30.90.
At the close, the All Jamaican Composite Index rose 1,331.58 points to close at 418,817, the JSE Market Index gained 1,205.42 points to close at 381,593.65 and the JSE Financial Index added 0.55 points to 103.52.
The Market closed with an average of 410,412 units valued at $2,124,137 for each security traded, in contrast to 418,093 units valued at $3,884,360 on Wednesday. The average volume and value for the month to date amount to 1,025,936 units valued at $3,731,907 for each security changing hands, compared to 1,060,899 units valued at $3,829,348 for each security traded. Trading in March resulted in an average of 1,146,245 units valued at $7,550,295 for each security.
Jamaica Stock Exchange lost 37 cents to end at $20.63 after 11,170 shares passed through the market, JMMB Group dropped $1.44 and closed at $36, after exchanging 213,331 stock units, Mayberry Investments gained 32 cents trading 22,096 stock units and closed at $5.55.NCB Financial Group rose $2 to end at $152, with 47,023 units changing hands, PanJam Investment traded 1,465 and fell $2.35 to close at $77.35, Proven Investments jumped $2.79 to close at $38.79 after 9,478 shares changed hands. Pulse Investments lost 35 cents in exchanging 3,858,682 stock units at $2.05, Salada Foods dropped $2.90 to $26, in exchanging 5,901 units. Sagicor Group traded 38,531 and lost 38 cents to end at $49.37 and Scotia Group rose $2 after transferring 21,667 stock units to finish at $47.
At the close, the market lost 9.36 points to 193.68. The PE ratio of the market closed with an average of 13.4 times 2020 earnings.
Firm Trades│ First Caribbean International close at $7.69, with 1,000 units changing hands, Guardian Holdings traded 11,376 stock units at $18.08, JMMB Group closed market activity at $2 after 102,428 shares crossed the market. NCB Financial closed at $8 transferring 6,000 shares, Republic Financial Holdings finished at $132.64, with an exchange of 6,574 stock units. Trinidad and Tobago NGL exchanged 875 units at $16.99 traded 202 units at $54.75 and West Indian Tobacco was unchanged at $30.90, with 34,152 units changing hands.
The JSE Market Index fell by 3,337.15 points to 380,388.23 and the JSE Financial Index slid 1.32 points to 102.97.
IC bid-offer Indicator│ At the end of trading, the Investor’s Choice bid-offer indicator reading shows nine stocks ending with bids higher than their last selling prices and seven securities closing with lower offers. The PE ratio of the market ended at 14.1, while the Main Market ended at 14.3 times 2020-21 earnings.
Key Insurance gained 90 cents to finish at a record $4.90, with 57,241 units changing hands. Mayberry Investments gained 47 cents trading 6,101 stock units and closed at $5.87, NCB Financial Group sustained a loss of $4.93 to end at $150, in swapping 24,481 units, Salada Foods bounced $1.95 to $28.90, having gained in exchanging 100 units. Seprod rose 50 cents after transferring 8,376 stock units to finish at $48, Stanley Motta traded 500 units at $4.70, after picking up 33 cents, Sygnus Credit Investments added 50 cents to end at $17, with 25,122 stock units changing hands and Wisynco Group ended the day at $17.50, with a loss of $1.18 with 63,156 shares crossing the exchange.
At the close, the market advanced by 12.88 points to 203.04. The PE ratio of the market closed with an average of 13.2 times 2020 earnings.
At the close, the JSE All Jamaican Composite Index declined by 1,972.21 points to 421,131.86, the JSE Market Index fell 1,936.13 points to 383,725.38 and the JSE Financial Index slid 0.40 points to 104.29. The Main Market has gone seven days without closing with gains in the Indices.
The Market closed with an average of 3,226,882 units valued at $5,139,593 for each security traded, in contrast to 867,914 units valued at an average of $1,806,657 on Tuesday. The average volume and value for the month to date amount to 1,105,053 units valued at $3,825,298 for each security changing hands, compared to 960,218 units valued at $3,728,658 for each security traded. Trading in March resulted in an average of 1,146,245 units valued at $7,550,295 for each security.
Jamaica Stock Exchange rose 98 cents to end at $21.98, in trading 81,638 shares, JMMB Group ended at $37.99, with gains of $1.05 and the exchanging 213,440 stock units, MPC Caribbean Clean Energy declined by $29 to $147, in swapping 100 units. NCB Financial Group closed $1.92 higher to $154.93, after transferring 142,312 shares, PanJam Investment gained 58 cents and ended at $74.78, trading 6,709 stock units, Proven Investments closed 50 cents lower to $36, in exchanging 563 shares. Salada Foods fell by $2.05 to $26.95 trading 151 units, Scotia Group lost 41 cents to finish at $45.01, with an exchange of 6,276 stock units, Seprod closed with a loss of 49 cents in transferring 12,903 stock units to finish at $47.50 and Sygnus Credit Investments picked up 50 cents to end at $16.50, with 54,861 shares changing hands.
