Trading dropped on the Trinidad and Tobago Stock Exchange on Friday, with a 77 percent fall in the volume of stocks traded valued at 24 percent less than on Thursday, resulting in the trading of 19 securities up from 18 on Thursday and ending with prices of five stocks rising, seven declining and seven ended firm.
The market closed with trading of 98,458 shares valued at$1,961,543 compared to 426,040 stock units at $2,568,765 on Thursday.
An average of 5,182 shares were traded at $103,239 compared with 23,669 stock units at $142,709 on Thursday, with trading month to date averaging 16,162 shares at $100,988 compared with 17,031 units at $100,808 on the previous day and an average for February of 22,005 shares at $200,032.
The Composite Index declined 0.13 points to conclude trading at 1,057.39, the All T&T Index rallied 2.78 points to conclude trading at 1,555.03, the SME Index remained unchanged at 83.50 and the Cross-Listed Index declined 0.45 points to close at 73.47.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close on the last day of the week, Agostini’s rose 5 cents to $68.05 with an exchange of 46 stocks, Angostura Holdings ended at $14.25 with 8,184 units crossing the market, Ansa McAl fell $1 to finish at $56 with investors swapping 98 shares.
Ansa Merchant Bank remained at $40 after an exchange of 770 stock units, First Citizens Group rose 16 cents to close at $41.56 with investors dealing in 7,016 shares, GraceKennedy sank 10 cents to end at $3.50 after the trading of 5,142 units. Guardian Holdings declined 1 cent in closing at $14.85 in switching ownership of 3,120 stocks, Guardian Media sank 10 cents to a 52 weeks’ low of $1 with traders dealing in 166 stock units, JMMB Group dipped 1 cent and ended at $1.10 after 10 shares passed through the market. L.J. Williams B share ended at 81 cents with investors trading just 2 units, Massy Holdings lost 1 cent to close at $3.89 with 41,131 stocks changing hands, National Enterprises advanced 16 cents to end at $2.66 with a transfer of 70 stock units. NCB Financial remained at $2.35 after an exchange of 30 shares,
One Caribbean Media ended at $2.85 with investors trading 7,522 units, Prestige Holdings popped 1 cent and ended at $11.30 in an exchange of 2,928 stocks. Republic Financial slipped 85 cents in closing at a 52 weeks’ low of $112.05 with 6,225 stock units clearing the market, Scotiabank rallied 90 cents to close at $55 in trading 9,211 shares, Trinidad & Tobago NGL remained at $4.05 with an exchange of 6,613 stock units and West Indian Tobacco ended at $5.44 after a transfer of 174 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 518,812 shares worth $2,126,960 down from 665,293 stock units at $3,781,362 on Monday.
At the close of the market, Agostini’s ended trading at $68 in switching ownership of 103 shares, Angostura Holdings remained at $14 after investors ended trading of 50 stocks, Ansa McAl ended at $57 with investors dealing in 38 shares. Ansa Merchant Bank sank $1.50 to end at $40 with 225 stock units crossing the market, CIBC Caribbean Bank rallied 9 cents to close at $8.10 in trading 100 shares, First Citizens Group ended at $41.39 after an exchange of 1,525 stock units. Guardian Holdings slipped 1 cent and ended at $14.85 with investors trading 62 units, Guardian Media lost 2 cents to close at $1.10 in an exchange of 525 stocks, JMMB Group shed 14 cents in closing at $1.11 after 214,510 shares passed through the market. Massy Holdings declined 3 cents to end at $3.90 after a transfer of 263,099 stocks, National Enterprises sank 2 cents to $2.66 and closed after 14,433 units were traded, National Flour Mills popped 8 cents to close at $1.69 with an exchange of 4,846 stock units.
NCB Financial dipped 3 cents to $2.35 with 247 shares crossing the market, Prestige Holdings remained at $11.30 with a transfer of 32 stock units, Republic Financial fell 37 cents in closing at $113 after an exchange of 2,833 stocks. Scotiabank ended at $55.50 with investors swapping 6,968 units, Trinidad & Tobago NGL increased 50 cents to finish at $4.50 in an exchange of 8,366 shares and Trinidad Cement added 5 cents to close at $2.40 with traders dealing in 850 units.
The average PE ratio of the market closed at 7.74 based on 2023 earnings and 5.6 based on estimates of the 2024 earnings. The difference illustrates the market’s current undervalued level and the potential gains ahead.
The market closed with trading of 283,084 shares with a value of $1,543,838 compared to 244,571 stocks at $2,768,304 on Thursday.
At the close of a day of slow trades, Agostini’s remained at $68 with a transfer of 72 stock units, Angostura Holdings lost 25 cents to $14 with 315 shares changing hands, Calypso Macro Investment Fund ended at $25 after an exchange of 19 units. CIBC Caribbean Bank ended at $8 after transferring 12,396 units, CinemaOne remained at $4.68 with traders dealing in 5 shares, Eric Solis Marketing ended at $4 with 3,700 stocks crossing the exchange. First Citizens Group popped 15 cents and ended at $41.50 with investors trading 1,762 units, GraceKennedy ended at $3.69 with 1,876 stock units clearing the market, Guardian Holdings remained at $14.86 after an exchange of 3 shares. Massy Holdings slipped 2 cents to end at $3.93 with 224,968 stocks crossing the market, National Enterprises rose 2 cents to finish at $2.68 in an exchange of 2,673 units, National Flour Mills fell 8 cents to close at $1.61 with 2,912 stock units crossing the market.
The market closed with trading of 244,571 shares for $2,768,304 up from 216,849 units at $1,665,897 on Wednesday.
Angostura Holdings dropped 5 cents to $14.25 with traders dealing in 201 shares. Ansa McAl lost 64 cents to end at $57.35 in an exchange of 550 stock units, CIBC Caribbean Bank shed 15 cents in closing at $8 with investors trading 95,541 units, First Citizens Group fell 15 cents to close at $41.35 with a transfer of 5,390 stocks.
The market closed with trading of 216,849 shares for $1,665,897 compared to 218,727 stock units at $1,463,082 on Tuesday.
CIBC Caribbean Bank rose 15 cents to end at $8.15 with trading of 1768 shares, Endeavour Holdings lost $2.85 to end at $16.15 in an exchange of 133 stock units. First Citizens Group declined 50 cents to $41.50 and closed with an exchange of 1,873 stock units, GraceKennedy closed at $3.69 with investors trading 37,251 stock units, Guardian Holdings shed 15 cents to finish at $14.85 in an exchange of 16,119 shares. Guardian Media remained at $1.12 after trading of 10 units, JMMB Group ended at $1.10 as investors exchanged 10,892 stocks, Massy Holdings slipped 1 cent in closing at $3.89 after trading 110,507 stock units. National Enterprises ended at $2.65 with 3,033 shares clearing the market, National Flour Mills climbed 4 cents to finish at $1.69 with traders dealing in 5,537 stocks, NCB Financial remained at $2.39 with 50 units crossing the market. One Caribbean Media ended at $2.85 with a transfer of 10 stock units, Point Lisas dropped 11 cents in closing at $3.10 after 588 shares crossed the market, Prestige Holdings remained at $11.30 with an exchange of 45 units. 
Calypso Macro Investment Fund remained at $25 with investors swapping 19 units, CIBC Caribbean Bank ended at $8 after an exchange of 2,765 stocks, First Citizens Group rose 49 cents and ended at $41.50 after closing with an exchange of 3,669 units. GraceKennedy remained at $3.69 in an exchange of 163 shares, Guardian Holdings gained 10 cents in closing at $15 with investors trading 10,000 stock units, Guardian Media ended at $1.12 after an exchange of a mere 10 shares. JMMB Group popped 2 cents to close at $1.10 with investors dealing in 150 stocks, Massy Holdings dipped 2 cents and ended at $3.89 with 9,146 units crossing the market. National Enterprises remained at $2.68 with traders dealing in 6,902 stock units. National Flour Mills increased 5 cents to $1.70 as investors exchanged 30 shares, 