The value of stocks traded on the Trinidad and Tobago Stock Exchange on Wednesday jumped 133 percent, with the volume declining 22 percent compared with Tuesday, resulting in 21 securities trading, up from 19 on Tuesday and ending with prices of nine stocks rising, four declining and eight ending firm, pushing the market indices upwards.
The market closed with trading of 231,844 shares valued $5,567,697 compared to 296,235 stock units at $2,387,488 on Tuesday.
An average of 11,040 shares were traded at $265,128 compared with 15,591 stock units at $125,657 on Tuesday, with trading for the month to date averaging 15,140 shares at $110,438 in line with 15,428 units at $99,575 on the previous day versus an average for February of 22,005 shares at $200,032.
The Composite Index climbed 10.13 points to end trading at 1,052.95, the All T&T Index rose 5.14 points to 1,532.47, the SME Index remained unchanged at 91.85 and the Cross-Listed Index popped 2.16 points to 75.55.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Agostini’s gained 14 cents to close at $68.19 with just 6 shares crossing the exchange, Angostura Holdings ended at $14.05 in trading 1,501 stocks,
Ansa McAl remained at $50 with 77,718 shares crossing the market. CIBC Caribbean Bank rose 37 cents to end at $8.50 with traders dealing in 43,166 stock units, First Citizens Group rallied 1 cent to finish at $41.60 with an exchange of 10,296 shares, GraceKennedy increased 15 cents and ended at $3.65 after a transfer of 10,000 stock units. Guardian Holdings remained at $14.87 and closed with 1,410 stocks changing hands, Guardian Media ended at $1 after 178 stock units passed through the market, JMMB Group rose 3 cents to finish at $1.11 after an exchange of 19 shares. Massy Holdings ended at $3.86 with a transfer of 5,027 stocks, National Enterprises popped 1 cent to close at $2.66 with investors swapping 1,943 units, National Flour Mills remained at $1.61 with an exchange of 31,000 stock units. NCB Financial fell 1 cent to end at a 52 weeks’ low of $2.34 with 1,000 shares clearing the market, One Caribbean Media advanced 7 cents to close at $2.97 with investors trading 6,907 stocks, Prestige Holdings rose 62 cents to end at $11.15 with 4,032 units changing hands. Republic Financial gained 7 cents in closing at $113.07 with investors dealing in 1,517 stocks, Scotiabank sank 98 cents and ended at a 52 weeks’ low of $53.02 in an exchange of 2,283 units, Trinidad & Tobago NGL ended at $4.03 with investors trading 1,829 stocks. Trinidad Cement lost 5 cents and ended at $2.35 after an exchange of 6,375 shares, Unilever Caribbean remained at $11 after the trading of 23,909 stock units and West Indian Tobacco fell 2 cents to end at $5.42 as investors exchanged 1,728 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 296,235 shares for $2,387,488 up from 130,830 stocks at $1,229,998 on Monday.
Ansa McAl shed $4 to finish at $50 with 191 stocks crossing the exchange. Ansa Merchant Bank rose $1 and ended at $41 with traders dealing in 500 stock units, Calypso Macro Investment Fund lost $1.59 to end at $23.41 in switching ownership of 368 stocks, CIBC Caribbean Bank climbed 3 cents to close at $8.13 with investors trading 44 shares. First Citizens Group increased 4 cents to $41.59 in an exchange of 3,829 units, GraceKennedy ended at $3.50 with investors trading 10,399 stock units, Guardian Media remained at $1 with just one share changing hands. JMMB Group dipped 3 cents to finish at $1.08 with investors swapping 8,320 stocks, Massy Holdings slipped 4 cents and ended at $3.86 after 52,782 units passed through the market, National Enterprises dipped 1 cent to close at $2.65 as investors exchanged 45,839 stock units.
The market closed with trading of 130,830 shares for $1,229,998 up from 98,458 stocks at $1,961,543 on Friday.
At the close of the market, Agostini’s popped 14 cents to close at $68.19 with 187 units switching owners, Ansa McAl slipped $2 to $54 with trading of 255 stock units, Calypso Macro Investment Fund remained at $25 with investors dealing in 127 shares. Endeavour Holdings climbed $1.85 in closing at a 52 weeks’ high of $18 with 374 stock units crossing the market, First Citizens Group fell 1 cent to finish at $41.55 as investors exchanged 1,409 shares, GraceKennedy ended at $3.50 with a transfer of 178 units. Guardian Holdings increased 2 cents to $14.87 after an exchange of 1,001 stocks, Guardian Media ended at $1 with a mere 17 stock units crossing the market, JMMB Group rose 1 cent to close at $1.11 in an exchange of 17,482 shares. Massy Holdings rallied 1 cent to end at $3.90 with 2,407 stock units passing through the market, National Flour Mills advanced 6 cents to finish at $1.67 with an exchange of 336 stocks, NCB Financial remained at $2.35 with 9,696 units having been traded. One Caribbean Media gained 5 cents to $2.90 after a transfer of 10,206 stocks,
The average PE ratio of the market closed at 7.74 based on 2023 earnings and 5.67 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 98,458 shares valued at$1,961,543 compared to 426,040 stock units at $2,568,765 on Thursday.
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,
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 market closed with trading of 665,293 shares for $3,781,362 up from 283,084 stocks at $1,543,838 on Friday.
At the close of a day of increased trading, Agostini’s remained at $68 with trading of 167 stock units, Angostura Holdings ended at $14 after an exchange of 6,514 shares, Ansa McAl shed 35 cents to end at $57 with 558 stocks crossing the market. CIBC Caribbean Bank rose 1 cent in closing at $8.01 as investors exchanged 31,888 units, First Citizens Group dropped 11 cents to close at $41.39 with 5,470 shares crossing the market, Guardian Holdings remained at $14.86 in an exchange of 143 stocks. Guardian Media ended at $1.12 with investors trading just 1 unit, Massy Holdings remained at $3.93 after an exchange of 608,827 stock units, National Enterprises ended at $2.68 and closed after 483 shares were traded. NCB Financial climbed 3 cents in closing at $2.38 with 20 stocks crossing the exchange,
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.