Sharp drop in trading on Trinidad Exchange


Trading concluded with a mere 37,270 shares changing hands, down 71 percent from a mere 130,458 stock units on Thursday, with the value 39 percent lower at $499,481, down sharply from $822,616 on Thursday on the Trinidad and Tobago Stock Exchange. Trading ended with activities in 18 securities, down from 21 on Thursday, with prices of nine stocks rising, five declining and four ending firm.

The market closed with an average of just 2,071 shares trading at $27,749, down from a mere 6,212 units at $39,172 on Thursday, with trading month to date averaging 18,380 shares at $124,598, which are in line with 19,501 units at $131,251 on the previous day and an average for March of 16,679 shares at $130,461.
The Composite Index advanced 0.45 points to 1,048.87, the All T&T Index gained 0.87 points to finish at 1,538.52, the SME Index remained at 86.66 and the Cross-Listed Index closed unchanged at 73.46.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s remained at $68 with 440 shares changing hands, Angostura Holdings ended at $14.80 after a transfer of 10 stock units, Ansa McAl advanced 90 cents and ended at $50.90 with 25 shares crossing the market. Ansa Merchant Bank ended at $39.50 with investors trading 6 units, Calypso Macro Investment Fund dipped $1.50 to end at $23.45, with 1,000 stocks crossing the market, First Citizens Group rose 4 cents to finish at $41.89 with traders dealing in 2,431 shares. Guardian Holdings sank 25 cents to $16.75, with 120 units clearing the market. JMMB Group ended at $1.10 after an exchange of 712 stocks, Massy Holdings rallied 9 cents to end at $4.05 after 19,451 stock units passed through the market. National Enterprises popped 5 cents in closing at $2.50 in an exchange of 1,394 shares, NCB Financial increased 9 cents to finish at $2.39 with investors dealing in 50 stock units, One Caribbean Media climbed 8 cents to close at $2.69 with an exchange of just 1 stock. Point Lisas dropped 20 cents to $4.25 as investors exchanged 963 units, Prestige Holdings shed 48 cents in closing at a 52 weeks’ low of $10.50 after the trading of 2,425 stocks, Republic Financial lost 40 cents and ended at a 52 weeks‘ low of $110.60 with 1,651 units crossing the exchange. Scotiabank gained 9 cents to finish at $53 with investors swapping 372 shares, Trinidad & Tobago NGL rose 2 cents to close at $3.32 after an exchange of 5,750 stock units and Unilever Caribbean gained 1 cent to end at $12.78 with investors trading 469 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading rises on Trinidad Exchange


Trading picked up on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded rising 322 percent, with the value 25 percent more than on Wednesday, resulting from activities in 21 securities up from just nine on Wednesday and ending with prices of nine stocks rising, seven declining and five ending firm as the market closed with gains in the market indices.

The market closed on Thursday, with 130,458 shares trading for $822,616, up from 30,940 stocks at $656,618 on Wednesday.
Trading concluded with an average of 6,212 shares for $39,172, compared with 3,438 stock units at $72,958 on Wednesday, with trading month to date averaging 19,501 shares at $131,251, down from 20,659 units at $139,277 on Wednesday compared with an average for March of 16,679 shares at $130,461.
The Composite Index gained 5.37 points to close at 1,048.42, the All T&T Index popped 6.74 points to conclude trading at 1,537.65, the SME Index remained unchanged at 86.66 and the Cross-Listed Index rose 0.54 points to end at 73.46.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and four with lower offers.
At the close of the market, Agostini’s dipped 10 cents in closing at $68 after a transfer of 322 shares, Angostura Holdings advanced 30 cents to $14.80 after 100 stock units passed through the market, Ansa McAl sank $1.55 to finish at $50 in trading 175 shares. Ansa Merchant Bank ended at $39.50 with 50 units crossing the market, Calypso Macro Investment Fund dipped 5 cents to close at $24.95 with investors trading 50 stocks, First Citizens Group rose 5 cents to $41.85 in trading 982 units. GraceKennedy lost 27 cents in closing at $3.60 with investors trading 3,644 stocks, Guardian Holdings rallied 50 cents to close at $17 in swapping 126 shares, JMMB Group ended at $1.10, with an exchange of 4 stocks. Massy Holdings slipped 4 cents to end at $3.96 with a transfer of 110,743 shares, National Enterprises sank 5 cents to finish at a 52 weeks’ low of $2.45 after an exchange of 262 units, National Flour Mills popped 5 cents to close at $1.60 with 100 stocks clearing the market. NCB Financial remained at $2.30 in an exchange of 4,189 stock units, Point Lisas climbed 25 cents and ended at a 52 weeks’ high of $4.45 with 1,150 shares crossing the market, Prestige Holdings ended at $10.98 with investors swapping 405 units. Republic Financial increased 6 cents to end at $111 with 823 units changing hands, Scotiabank gained 35 cents to finish at $52.91 with traders dealing in 2,944 stocks, Trinidad & Tobago NGL shed 2 cents to close at a 52 weeks’ low of $3.30 after an exchange of 500 units. Trinidad Cement remained at $2.15 with investors dealing in 250 stocks, Unilever Caribbean popped 77 cents and ended at $12.77 with 110 shares passing through the exchange and West Indian Tobacco rose 1 cent to finish at $5.01 in trading 3,529 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise state

Trading plunges on the Trinidad Exchange


Trading dropped sharply and ended with just four stocks recording price changes on the Trinidad and Tobago Stock Exchange on Wednesday, with activities in only nine securities down sharply from 17 on Tuesday and ending with prices of one stock rising, three declining and five ending firm. At the close, the volume of stocks traded dropped 98 percent and the value 90 percent lower than on Tuesday.

The market closed with trading of 30,940 shares valued at $656,618 compared to 1,543,720 stock units at $6,648,762 on Tuesday.
An average of 3,438 shares were traded at $72,958 compared with 90,807 units at $391,104 on Tuesday, with trading month to date averaging 20,659 shares at $139,277 compared with 21,327 units at $141,850 on the previous day and an average for March of 16,679 shares at $130,461.
The Composite Index lost 0.89 points to conclude trading at 1,043.05, the All T&T Index shed 2.51 points to end at 1,530.91, the SME Index remained unchanged at 86.66 and the Cross-Listed Index gained 0.12 points to close at 72.92.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and six with lower offers.
At the close on a day of reduced activities, First Citizens Group remained at $41.80, with 1,900 shares clearing the market, Guardian Holdings ended at $16.50 with a transfer of 412 units, JMMB Group ended at $1.10 and closed after 728 stocks passed through the market. Massy Holdings rose 10 cents to end at $4 with investors trading 1,100 shares, National Enterprises remained at $2.50 after a transfer of 2,835 stock units, One Caribbean Media lost 8 cents and ended at a 52 weeks’ low of $2.61 with 15,000 shares changing hands. Republic Financial sank $1.05 to $110.94 after trading of 4,319 stocks, Scotiabank remained at $52.56 with 339 units crossing the exchange and West Indian Tobacco dipped 43 cents to finish at a 52 weeks’ low of $5 with investors dealing in 4,307 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading jumps on the Trinidad Exchange


Rising and declining stocks shared the honours at the end of trading on the Trinidad and Tobago Stock Exchange on Tuesday, following activities in 17 securities compared with 16 on Thursday and ended with six stocks rising, six declining, and five remaining firm. The volume of stocks traded jumped 285 percent and the value 164 percent more than on Thursday.

The market closed with trading of 1,543,720 shares for $6,648,762, up from 400,523 stock units at $2,517,104 on Thursday.
An average of 90,807 shares were traded at $391,104 compared to just 25,033 units at $157,319 on Thursday, with trading month to date averaging 21,327 shares at $141,850, up from 15,833 units at $122,169 on the previous day and an average for March of 16,679 shares at $130,461.
The Composite Index popped 1.80 points to end at 1,043.94, the All T&T Index climbed 6.51 points to close trading at 1,533.42, the SME Index remained unchanged at 86.66 and the Cross-Listed Index declined 0.45 points to end at 72.80.
Investor’s Choice bid-offer indicator ended with a negative reading of just two stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of the market following the long Easter break, Agostini’s declined 9 cents to end at $68.10 after an exchange of just 4 shares, Angostura Holdings gained 45 cents in closing at $14.50 with investors swapping 81 stocks, Ansa Merchant Bank fell 50 cents to $39.50 with a mere 4 shares clearing the market. CIBC Caribbean Bank sank 5 cents to close at $8.10 with traders dealing in 297 units, First Citizens Group ended at $41.80 as investors exchanged 1,897 stocks, GraceKennedy rose 45 cents to finish at $3.87 with 185,765 shares changing hands. JMMB Group advanced 4 cents and ended at $1.10 with an exchange of 3,446 stocks, Massy Holdings dipped 3 cents to $3.90 with 1,302,202 units crossing the market, National Enterprises remained at $2.50 with a transfer of 1,235 stock units. National Flour Mills shed 5 cents to finish at $1.55 with just one share being traded, NCB Financial ended at $2.30 with investors trading 2,676 stock units, Point Lisas popped 18 cents to close at a 52 weeks’ high of $4.20 with 286 stocks passing through the market. Prestige Holdings slipped 1 cent to $10.98 after the trading of 124 units, Republic Financial climbed $1.24 to $111.99 with investors dealing in 2,967 shares, Scotiabank increased 46 cents in closing at $52.56 in switching ownership of 264 stocks. Trinidad & Tobago NGL ended at $3.32 with investors trading 2,633 units and Unilever Caribbean remained at $12 in an exchange of 39,838 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

A week of consolidation for Trinidad stocks


Trading on the holiday-shortened week on the Trinidad and Tobago Stock Exchange ended with a marginal movement in the market indices, with the market closing with only 7 stocks rising and 14 declining.
At the close of the market for the week, the average PE ratio of stocks was higher at 16.29, based on 2024 earnings and 12.9, based on estimates of 2025 earnings, following the updating of forecasted earnings for 2025, suggesting a 29 percent potential gain for stocks in 2025.

Republic Financial suffered a fall of $1.25 for the week.

The past week had gains in Endeavour Holdings of $1.85 to $18, First Citizens Bank rose 30 cents to $41.80, and Point Lisas climbed 52 cents to $4.02. Republic Holdings fell $1.25 to a 52 weeks’ low of $110.75, Guardian Holdings declined 49 cents to $16.50, Ansa McAl ended up dropping 45 cents to $51.55, Angostura Holdings lost 45 cents to end at $14.05, Trinidad and Tobago NGL declined by 68 cents to close at a 52 weeks’ low of $3.32 and Unilever Caribbean ended with a decline of 55 cents to $12. Stocks with the potential to gain more than 100 percent when the market comes back to life, include CIBC Caribbean Bank which could rise by 200 percent, the severely undervalued Guardian Holdings, with a 385 percent potential gain, Republic Holdings at 140 percent, First Citizens Bank 90 percent, Massy Holdings 50 percent, Trinidad Cement with 380 percent, Eric Solis with a 200 percent potential gain and One Caribbean Media with 330 percent. Investors should watch Prestige Holdings, which could gain 90 percent and Trinidad and Tobago NGL 380 percent.

Winners edged losers on Trinidad Exchange


Rising stocks edged out losers on the Trinidad and Tobago Stock Exchange on Thursday, following a 195 percent jump in the volume of stocks traded as the value surged 194 percent over trading on Wednesday resulting in 16 securities trading up from 14 on Wednesday and ending with prices of six stocks rising, four declining and six ending firm.

The market closed after trading 400,523 shares, with a value of $2,517,104, from 135,700 units at $856,763 on Wednesday.
An average of 25,033 shares were traded at $157,319, up from 9,693 units at $61,197 on Wednesday, with trading month to date averaging 15,833 shares at $122,169 compared to 15,094 units at a value of $119,345 on the previous day and an average for March of 16,679 shares at $130,461.
The Composite Index shed 2.81 points to settle at 1,042.14, the All T&T Index fell 1.88 points to end at 1,526.91, the SME Index declined 5.19 points to wrap up trading at 86.66 and the Cross-Listed Index lost 0.53 points to close at 73.25.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of trading, Agostini’s climbed $1.15 to end at $68.19 after an exchange of 1,460 shares, Ansa McAl remained at $51.55 with investors trading 270 stocks, CIBC Caribbean Bank ended at $8.15 and closed with an exchange of 8,995 shares. Endeavour Holdings increased $1.85 and ended at $18 as 493 stock units passed through the market. First Citizens Group popped 30 cents to close at $41.80 as investors exchanged 7,343 units, GraceKennedy dipped 27 cents in closing at $3.42 with 124,342 stocks crossing the market. Guardian Holdings ended at $16.50 in an exchange of 38 units, JMMB Group remained at $1.06 with 111,400 shares crossing the market, Massy Holdings rallied 4 cents to finish at $3.93 with a transfer of 85,307 stock units. National Enterprises skidded 11 cents and ended at $2.50 after an exchange of 17,628 shares, NCB Financial remained at $2.30 with trading of 6 stocks, Prestige Holdings ended at $10.99 after a transfer of 490 units. Republic Financial rose 12 cents to $110.75 with 6,024 stock units crossing the exchange, Scotiabank advanced 10 cents in closing at $52.10 with investors dealing in 3,633 shares, Trinidad & Tobago NGL lost 9 cents to close at a 52 weeks’ low of $3.32 with 20,476 units changing hands and Unilever Caribbean shed 60 cents to finish at $12 with an exchange of 12,618 stocks.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

One stock rose 5 fell on Trinidad Exchange


Only one stock gained on the Trinidad and Tobago Stock Exchange on Wednesday, with prices of four falling and nine ending firm, resulting from trading in 14 securities, down from 19 on Tuesday, with the volume of stocks traded declining by 58 percent, with a 54 percent lower value than on Tuesday.

The market closed with trading of 135,700 shares for $856,763, down from 320,897 stock units at $1,843,193 on Tuesday.
An average of 9,693 shares were traded at $61,197 down from 16,889 units at $97,010 on Tuesday, with trading month to date averaging 15,094 shares at $119,345 compared to 15,502 stock units at $123,745 on the previous day and an average for March of 16,679 shares at $130,461.
The Composite Index rose 0.82 points to end at 1,044.95, the All T&T Index popped 2.34 points to finish at 1,528.79, the SME Index remained unchanged at 91.85 and the Cross-Listed Index dropped 0.11 points to 73.78.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of trading, Agostini’s shed $1.15 and closed at $67.04 with an exchange of 63 shares, CIBC Caribbean Bank ended at $8.15 after an exchange of 1,466 stock units, First Citizens Group remained at $41.50 with investors swapping 677 shares. GraceKennedy ended at $3.69 following an exchange of 5,663 units, Guardian Holdings lost 49 cents to end at $16.50 after 30 stocks passed through the market, JMMB Group dipped 8 cents to finish at $1.06 with investors exchanging 72,740 shares. Massy Holdings remained at $3.89 with a transfer of 38,473 stocks, National Enterprises remained at $2.61 after closing with an exchange of 1,438 units, NCB Financial ended at $2.30 in trading just 6 stocks. Prestige Holdings climbed by 49 cents in closing at $10.99 after an exchange of 1,125 shares, Republic Financial rose $110.63 with investors trading 2,358 stocks, Scotiabank ended at $52 with 4,723 units being traded. Unilever Caribbean ended at $12.60 with traders dealing in 470 stock units and West Indian Tobacco fell 1 cent to finish at a 52 weeks’ low of $5.43 in an exchange of 6,468 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading activity dips on Trinidad Exchange


Stocks ended trading on Tuesday with mostly losses on the Trinidad and Tobago Stock Exchange, with a slight decline in the volume traded, with a 7 percent lower value than on Monday, following activity in 19 securities, up from 17 on Monday and ending with prices of five rising, seven declining and seven ending firm.

The market closed with trading of 320,897 shares worth $1,843,193, dipping to 327,613 stock units at $1,991,391 on Monday.
An average of 16,889 shares were exchanged at $97,010, down from 19,271 stock units at $117,141 on Monday, with trading month to date averaging 15,502 shares valued at $123,745, which is in line with the 15,343 units at $126,811 on the previous day and an average for March amounting to 16,679 shares for $130,461.
The Composite Index shed 5.34 points to finish at 1,044.13, the All T&T Index sank 7.35 points to end at 1,526.45, the SME Index remained unchanged at 91.85 and the Cross-Listed Index fell by 0.44 points to settle at 73.89.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and four with lower offers.
At the close of trading, Agostini’s rose 19 cents to $68.19 in switching ownership of 9 shares, Angostura Holdings ended at $14.05 with 10,709 units clearing the market, Ansa McAl slipped 45 cents in closing at $51.55 with investors trading 210 shares. Calypso Macro Investment Fund remained at $25 with 343 stock units crossing the market, First Citizens Group fell 5 cents and ended at $41.50 as investors exchanged 2,340 stocks, GraceKennedy remained at $3.69 with investors trading 3,756 shares. Guardian Holdings ended at $16.99 after an exchange of 112 stocks, JMMB Group lost 1 cent in closing at $1.14 with investors dealing in 202 units, Massy Holdings climbed 9 cents to close at $3.89 after the trading of 267,656 stock units. National Enterprises increased 6 cents to end at $2.61 with an exchange of 3,085 shares, National Flour Mills remained at $1.60 with 2,261 units changing hands, One Caribbean Media ended at $2.69 with investors trading 5 stocks. Point Lisas popped 52 cents to $4.02 in an exchange of 330 stock units, Prestige Holdings skidded 49 cents to close at a 52 weeks’ low of $10.50 with traders dealing in 38 shares, Republic Financial sank $1.37 and ended at a 52 weeks’ low of $110.63 in an exchange of 2,621 stock units. Scotiabank dipped 15 cents to finish at $52 after closing with an exchange of 800 units, Trinidad & Tobago NGL sank 49 cents in closing at a 52 weeks’ low of $3.41 after an exchange of 16,571 stocks, Unilever Caribbean advanced 6 cents to end at $12.60 with investors swapping 9,585 shares and West Indian Tobacco ended at $5.44 after a transfer of 264 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Falling TTSE stocks edged winners


Declining stocks had the upper hand over those rising following trading on the Trinidad and Tobago Stock Exchange on Monday with trading in 17 securities compared with 20 on Friday, with prices of four stocks rising, five declining and eight ending firm with the volume of stocks traded declining 15 percent valued 52 percent less than on Friday resulting.

The market closed with trading of 327,613 shares worth $1,991,391, down from 385,160 stock units at $4,190,818 on Friday. An average of 19,271 shares were traded at $117,141, compared to 19,258 units at $209,541 on Friday, with trading for the month to date averaging 15,343 shares valued at $126,811 versus 14,895 units at $127,914 on the previous day and an average for March that ended at 16,679 shares at $130,461. The Composite Index gained 3.47 points to close at 1,049.47, the All T&T Index advanced 6.71 points to conclude trading at 1,533.80, the SME Index remained at 91.85 and the Cross-Listed Index closed firmly at 74.33. Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and six with lower offers. At the close of the day’s activities, Agostini’s dipped 19 cents in closing at $68 after 6 shares passed through the market, Angostura Holdings fell 45 cents to $14.05 with investors swapping 7,368 units, CIBC Caribbean Bank ended at $8.15 after an exchange of 99 shares. First Citizens Group rose 5 cents to finish at $41.55 with 1,053 stock units changing hands, Guardian Holdings ended trading at $16.99 as investors exchanged 1,115 stock units, Massy Holdings closed at $3.80 with 295,568 shares being traded. National Enterprises ended at $2.55 with 313 units clearing the market, National Flour Mills rose 2 cents to close at $1.60 after a transfer of 1,250 stocks, NCB Financial remained at $2.30 in trading 68 stock units. One Caribbean Media slipped 1 cent in closing at a 52 weeks’ low of $2.69 with 4 shares crossing the exchange, Prestige Holdings climbed just 9 cents to finish at $10.99 with traders dealing in 776 stocks, Republic Financial ended at $112 with 4,501 units crossing the market. Scotiabank popped 15 cents to $52.15 with an exchange of 780 stock units, Trinidad & Tobago NGL sank 10 cents and ended at a 52 weeks’ low of $3.90 with 5,645 shares crossing the market, Trinidad Cement ended at $2.15 with investors trading 660 units. Unilever Caribbean shed 1 cent in closing at $12.54 after an exchange of 8,041 stocks and West Indian Tobacco remained at $5.44 with a transfer of 366 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Guardian bounces on Trinidad Exchange


Trading on the Trinidad and Tobago Stock Exchange ended the week with several sizable price changes, resulting in declines for the two major indices, with both losing less than a percent in value.

Unlike last week, when just four stocks gained and 14 declined, this week ended with an improved position 7 rising and 9 declining.
The average PE ratio of the market closed slightly higher at 8.05, based on 2023 earnings and 5.78, based on estimates of 2024 earnings. The two ratios continue to deviate wildly, with several stocks being undervalued.
The financial sector saw mixed fortunes, with two gains and three losses. At the close, Guardian Holdings climbed $2.18 to $16.99 following the release of excellent full year results for 2024. Ansa McAl rallied 50 cents to $52 and Angostura rose 45 cents to $14.50 and Calypso Macro Index Fund added $1.50 to end at $25.
Scotiabank dropped $1 to close at $52, Republic Holdings declined $1.09 to $112, First Citizens Bank lost 25 cents to close at $41.50 and Unilever Caribbean ended with a fall of 46 cents to close at $12.55.
Stocks with the potential to gain more than 100 percent when the market comes back to life, include CIBC Caribbean Bank which could rise by 200 percent, the severely undervalued Guardian Holdings, with a 326 percent potential, Republic Holdings at 140 percent, First Citizens Bank 100 percent, Massy Holdings 50 percent, Trinidad Cement with 384 percent, Eric Solis with a 100 percent potential gain and One Caribbean Media with 330 percent.
Investors should watch Prestige Holdings, which could gain 80 percent and Trinidad and Tobago NGL, 300 percent.