There is no trading on the Trinidad and Tobago Stock Exchange is Monday March 3 and on the following day as the country celebrates with Carnival activities on both days.
After a two days break, trading resumes on Ash Wednesday which is not a public holiday in the country, with the All Trinidad & Tobago Index at 1566.83 and the Composite index at 1,064.71 following the close of the market last Friday.
The average PE ratio of the market closed at 7.7 based on 2023 earnings compared to 7.36 last week and 5.54 based on estimates of the 2024 earnings. The difference graphically illustrates the market’s current undervalued level and the potential gains ahead.
Stocks with the potential to gain more than 100 percent when the market comes back to life, include CIBC Caribbean Bank with a possible gain of 200 percent, the severely undervalued Guardian Holdings, with a 430 percent potential, Republic Holdings at 135 percent, First Citizens Bank 100 percent, Massy Holdings 50 percent, Trinidad Cement with 350 percent. Eric Solis with a 90 percent potential gain and One Caribbean Media with 315 percent.
The market closed with trading of 180,350 shares valued at $3,075,555 compared with 269,573 stock units at $2,493,607 on Thursday. An average of 8,198 shares were exchanged at $139,798 down from 16,848 units at $155,850 on Thursday. Trading for the month to date ended with an average of 14,618 shares at $153,151 in line with 15,169 stock units at $154,300 previously and an average of 17,669 shares at $153,409 in 
Calypso Macro Investment Fund remained at $23.75 after trading in 22 stock units, CIBC Caribbean Bank popped 20 cents to finish at $8.15 with 280 shares crossing the market, First Citizens Group shed 23 cents and ended at $41.65 as investors exchanged 2,268 stocks. GraceKennedy ended at $3.68 in trading 2,410 stock units, Guardian Holdings closed at $14.90 after an exchange of just 32 units, Guardian Media gained 1 cent and ended at $1.11 with 972 shares crossing the market. JMMB Group remained at $1.06 after a transfer of 444 stock units, Massy Holdings closed the week at $3.87 with investors trading 127,787 stocks, National Enterprises climbed 1 cent to close at $2.62 with an exchange of 830 units. National Flour Mills ended at $1.69 with 810 stocks clearing the market, NCB Financial ended at $2.39 with investors swapping 700 shares, 
One Caribbean Media ended at $2.85 after an exchange of 800 stock units. Point Lisas gained 1 cent in closing at $3.21 with investors trading 100 units, Prestige Holdings popped 20 cents to close at $11.30 in switching ownership of 2,368 shares, Republic Financial ended at $113.51 after the trading of 11,081 units. Scotiabank closed Friday at $54.06 after an exchange of 7,918 stocks, Trinidad & Tobago NGL ended at $4.65 with investors trading 2,200 stocks, Unilever Caribbean sank 2 cents to finish at $10.81 in an exchange of 763 shares and West Indian Tobacco remained at $5.53 with traders dealing in 8,213 stocks.
The market closed with trading of 358,721 shares at $7,640,936 up from 179,912 stock units at $2,445,820 on Tuesday. An average of 15,597 shares were traded at $332,215 well above the 11,245 units changing hands at $152,864 on Tuesday. Trading for the month to date averaged 15,057 shares at $154,192 compared to 15,000 units at $135,322 on the previous day and an average for January of 17,669 shares at $153,409.
Ansa Merchant Bank closed at $40.05 with 1,000 stocks changing hands, Calypso Macro Investment Fund ended at $23.75 with investors trading 5 shares, CIBC Caribbean lost 5 cents in closing at $7.95 with 4,782 stock units changing hands. Endeavour Holdings rallied $1 to close at a 52 weeks’ high of $20 with investors trading just 10 units, First Citizens Group rose 50 cents to finish at $42 after an exchange of 7,333 stock units, GraceKennedy ended at $3.69 after trading of 4,438 shares. Guardian Holdings remained at $14.90 with 503 stock units clearing the market, Guardian Media dipped 1 cent in closing at $1.10 in an exchange of 3,397 units, JMMB Group remained at $1.04 with 13,299 stocks crossing the market. Massy Holdings sank 4 cents in closing at $3.90 in switching ownership of 243,039 shares, National Enterprises popped 1 cent to end at $2.62 with traders dealing in 1,725 stock units, National Flour Mills rallied 4 cents to finish at $1.69 in an exchange of 4,000 stocks. One Caribbean Media ended at $2.85 after trading 2 units, 
Point Lisas fell 8 cents to close at $3.20 with an exchange of 415 shares, Prestige Holdings increased by 30 cents to end at $11.30 after 3,005 stocks passed through the market. Republic Financial climbed 19 cents to $113.50 with investors swapping 52,101 units, Scotiabank declined $1.74 to finish at a 52 weeks’ low of $54.06 with a transfer of 483 stock units, Trinidad & Tobago NGL ended at $4.65 as investors exchanged 674 shares. Trinidad Cement shed 10 cents in closing at a 52 weeks’ low of $2.20 after a transfer of 13,876 stock units and Unilever Caribbean remained at $11.02 after an exchange of 376 stocks.
The market closed with trading of 179,912 shares with a value of $2,445,820 compared with a mere 13,891 stocks at $575,461 on Monday. Trading close with an average of 11,245 shares for $152,864 up from just 817 units for $33,851 on Monday. Trading month to date averaged 15,000 shares at $135,322 that is in line with 15,299 units at $133,926 on the previous day compared with an average for January of 17,669 shares at $153,409.
At the close of a market session of increased trading, Ansa Merchant Bank ended at $40.05 with trading of 185 stock units, CIBC Caribbean rose 4 cents to $8 with investors swapping 1,947 units, First Citizens Group ended at $41.50 after 5,649 shares were traded. GraceKennedy dropped 4 cents and ended at $3.69 with investors trading 16,659 stock units, JMMB Group lost 2 cents in closing at $1.04 with 84,200 shares crossing the market, L.J. Williams B share remained at 75 cents as investors exchanged 216 stocks. Massy Holdings rose 3 cents and ended at $3.94 after 17,406 units passed through the market, National Enterprises slipped 7 cents to $2.61 after a transfer of 6,592 stock units, National Flour Mills shed 2 cents to finish at $1.65 with 680 shares crossing the market. Point Lisas ended at $3.28 in an exchange of 100 stocks, 
Prestige Holdings ended at $11 with 3,764 stock units clearing the market, Republic Financial fell 19 cents to end at $113.31 and closed after 7,187 stock units changed hands. Scotiabank remained at $55.80 with 18,312 shares crossing the exchange, Trinidad and Tobago NGL skidded 3 cents to a 53 weeks’ low of $4.65 with a transfer of 6,460 stock units, Trinidad Cement closed at $2.30 after an exchange of 8,805 stocks and Unilever Caribbean sank 17 cents to $11.02 in trading 1,750 stocks.
The market closed with 144,349 shares trading for $1,217,028 down from 170,647 stocks at $1,302,338 on Thursday. An average of 6,874 shares were traded with a value of $57,954 compared with 11,376 units at $86,823 on Thursday, with trading month to date averaging 16,637 shares at $143,172 below the 17,895 units at $154,151 on the previous day and an average for January of 17,669 shares at $153,409.
First Citizens Group slipped 1 cent to end at $42 with 1,633 stock units changing hands. GraceKennedy remained at $3.73 with investors trading 3,000 units, Guardian Holdings lost 7 cents to close at $14.90 after 25,000 stock units were exchanged, Guardian Media ended at $1.11 after swapping 3,153 shares. JMMB Group ended at $1.04 with a transfer of 1,024 units, L.J. Williams B share fell 10 cents to finish at a 52 weeks’ low of 65 cents with 41,600 stocks clearing the market, Massy Holdings increased 5 cents and ended at $3.95 in switching ownership of 9,971 stock units. National Enterprises remained at $2.69 with traders dealing in 2,127 shares, National Flour Mills ended at $1.67 with 300 stocks crossing the exchange, 
NCB Financial had trading in 41,044 units at $2.39. One Caribbean Media popped 14 cents to close at $2.85 after a transfer of 864 stock units, Point Lisas ended at $3.28 with investors swapping 998 shares, Republic Financial remained at $113.85 in an exchange of 1,083 units. Scotiabank dropped 20 cents to at a 52 weeks’ low $55.80 with investors dealing in 7,394 stocks, Trinidad & Tobago NGL shed 2 cents to finish at a 52 weeks’ low of $4.66 in an exchange of 2,275 stock units and West Indian Tobacco gained 1 cent and ended at $5.53 after 2,289 shares passed through the market.
The market closed with the trading of 273,711 shares for $1,527,686 compared to 244,799 stock units at $2,534,225 on Thursday.
Angostura Holdings fell 50 cents to $14 with investors dealing in 6,400 stocks, Ansa McAl shed 50 cents in closing at $60.50 in an exchange of a mere two shares. Ansa Merchant Bank sank 50 cents and ended at $39.50 with investors swapping 2,534 stock units, Calypso Macro Investment Fund ended at $23.75 after a transfer of a mere 4 shares, CIBC Caribbean Bank rose 10 cents to $8.25 in trading 8,203 stocks. First Citizens Group slipped 16 cents to $41.64 after an exchange of 3,335 stocks, GraceKennedy remained at $3.75 after a transfer of 2,006 units, Guardian Holdings ended at $15 as investors exchanged 11,450 stocks. Guardian Media remained at $1.12 with 5 units being traded, JMMB Group fell 1 cent to close at $1.05 in an exchange of 880 shares, L.J. Williams B share ended at 81 cents with investors trading 5,005 stock units. 
Massy Holdings rallied 13 cents in closing at $3.98 with an exchange of 3,866 shares, National Flour Mills ended at $1.70 with just 5 units changing hands, NCB Financial remained at $2.39 with traders dealing in 185,700 stocks. Point Lisas ended at $3.28 with 5 stock units clearing the market, Prestige Holdings skidded 93 cents and ended at $10.07 with investors exchanging 15,334 shares, Republic Financial remained at $114 after 1,447 stocks passed through the market. Scotiabank remained at $56 after closing with an exchange of 456 units, Trinidad & Tobago NGL ended at $4.75 with 12,956 stock units crossing the market, Trinidad Cement lost 1 cent and ended at $2.49 after an exchange of 5 shares and West Indian Tobacco popped 3 cents to close at $5.53 with 14,108 units crossing the market.
The market closed with the trading of 244,799 shares for $2,534,225 up from 237,981 stock units at $1,288,296 on Wednesday. An average of 17,486 shares were traded at $181,016 compared with 12,525 units at $67,805 on Wednesday, with trading for the month to date averaging 19,137 shares at $173,713, close to the 19,220 units at $173,342 on the previous day and an average for December of 19,548 shares at $423,231. 
At the close of market activity, Agostini’s rallied 2 cents to close at $68 with 4,515 stocks passing through the market, Angostura Holdings ended at $14.50 in the transfer of 55 stock units, CIBC Caribbean Bank slipped 10 cents and ended at $8.15 with 181 units crossing the exchange. First Citizens Group declined 36 cents to finish at $41.80 after investors ended trading 2,714 stocks, GraceKennedy ended at $3.75, with 3,212 units crossing the market, Guardian Media sank 1 cent to end at $1.12 in trading 3,500 stocks. JMMB Group ended at $1.06 and closed with 44,365 shares passing through the market, Massy Holdings popped 3 cents to $3.85 with investors trading 153,391 stock units, 
National Enterprises dipped 10 cents and ended at $2.65 after an exchange of 9,788 shares. Point Lisas remained at $3.28 with investors dealing in 250 units, Prestige Holdings increased 50 cents to finish at a 52 weeks’ high of $11, with 9,532 stocks crossing the market, Republic Financial ended at $114 with traders dealing in 10,744 stock units. Scotiabank remained at $56 after an exchange of 1,802 shares and West Indian Tobacco remained at $5.50 with 750 stock units clearing the market.
The market closed with trading of 666,289 shares for $21,610,825 up from 199,074 units at $1,260,256 on Thursday. An average of 39,193 shares were traded at $1,271,225 compared with 8,655 stock units at $54,794 on Thursday, with trading month to date averaging 19,533 shares at $190,075 compared with 17,887 stock units at $99,534 on the previous day and an average for December of 19,548 shares at $423,231. The Composite Index gained 2.92 points to end at 1,079.12, the All T&T Index advanced 5.25 points to close at 1,587.22, the SME Index remained unchanged at 92.14 and the Cross-Listed Index popped 0.06 points to conclude trading at 74.93. Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and two with lower offers. At the close of trading, Agostini’s remained at $68, with 43 stocks clearing the market, Angostura Holdings rallied $1.08 to $14.85 and closed with an exchange of 42 units, 
Ansa McAl popped $1.45 to end at $61 after a transfer of 333,466 shares. Endeavour Holdings declined 75 cents in closing at $18 after an exchange of 200 stock units, First Citizens Group rallied 1 cent to $41.76 with investors dealing in 1,774 shares, JMMB Group ended at $1.06 after an exchange of 49,988 stock units. L.J. Williams B share increased 8 cents to 79 cents with 1,015 stocks crossing the market, Massy Holdings climbed 4 cents and ended at $3.90 in an exchange of 151,040 units, National Flour Mills ended at $1.70 with traders dealing in 11,950 shares. NCB Financial remained at $2.39 after an exchange of 41,500 units, Point Lisas ended at $3.28 with investors trading 5,000 stocks, 
Prestige Holdings lost 25 cents to end at $11 in an exchange of 1,767 stock units. Republic Financial rose 60 cents in closing at $113.60 with investors trading 3,714 shares, Scotiabank slipped 5 cents to $57.05 with an exchange of 262 stocks, Trinidad & Tobago NGL remained at $4.75, with 11,520 units crossing the market. Unilever Caribbean sank 5 cents to close at $11.25 in switching ownership of 810 stock units and West Indian Tobacco skidded 3 cents to finish trading at $5.51 after 52,198 shares passed through the market.
The market closed with trading of 182,013 shares valued $2,158,732 down from 455,330 stock units at $3,025,118 on Monday.
Calypso Macro Investment Fund sank 7 cents and ended at $23.60 after 1,100 units crossed the market, CIBC Caribbean Bank lost 5 cents to close at $8.20 as investors exchanged 2,000 stocks, Eric Solis Marketing remained at $4.26 with just 2 units passing through the market. First Citizens Group ended at $41.75 in an exchange of 609 shares, Guardian Holdings slipped 8 cents to end at $14.92 with traders dealing in 22,702 stock units, Guardian Media sank 1 cent and ended at $1.14 after an exchange of 10 shares. JMMB Group declined 3 cents to close at a 52 weeks’ low of $1.07 with 9,930 stocks crossing the market, Massy Holdings fell 4 cents to finish at $3.86 after a transfer of 85,920 units, National Enterprises ended at $2.77 after trading 3,780 stock units. National Flour Mills rose 4 cents to $1.70 and closed with an exchange of 17,006 shares, One Caribbean Media dipped 29 cents to finish at a 52 weeks’ low of $2.70 with investors trading 2,189 units, 
Point Lisas gained 8 cents and ended at $3.28 with 1,180 stocks clearing the market. Prestige Holdings popped 4 cents to end at $11.29 in switching ownership of 1,200 stock units, Republic Financial remained at $113.60 with investors exchanging 1,735 shares, Scotiabank shed 10 cents to close at $57 in an exchange of 16,252 stocks. Trinidad & Tobago NGL ended at $4.70 with 8,175 units changing hands, Unilever Caribbean remained at $11.30 in trading 200 stock units and West Indian Tobacco remained at $5.55 after an exchange of 5,725 shares.