Stocks jump on Trinidad & Tobago Exchange


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.

Falling stocks rain on Trinidad Exchange


Falling stocks rained down on the Trinidad and Tobago Stock Exchange on Tuesday, with trading 19 securities down from 21 on Monday, ending with prices of only three rising, 11 declining and five ending firm resulting in the volume of stocks traded rising 126 percent and the value 94 percent more than on Monday.

The market closed with trading of 296,235 shares for $2,387,488 up from 130,830 stocks at $1,229,998 on Monday.
An average of 15,591 shares were traded at $125,657, well above the 6,230 units at $58,571 on Monday, with trading month to date averaging 15,428 shares at $99,575 in line with 15,417 units at $97,806 on the previous day compared with an average for February of 22,005 shares at $200,032.
The Composite Index dipped 9.27 points to cease trading at 1,042.82, the All T&T Index shed 16.95 points to wrap up trading at 1,527.33, the SME Index remained unchanged at 91.85 and the Cross-Listed Index slipped 0.15 points to 73.39.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s dipped 14 cents to $68.05 after an exchange of 885 stock units, Angostura Holdings sank 20 cents in closing at $14.05 with investors trading 46,463 shares, 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. National Flour Mills fell 6 cents to $1.61 with a transfer of 65,450 shares, Prestige Holdings skidded 77 cents and ended at a 52 weeks’ low of $10.53 with investors dealing in 1,672 units, Republic Financial declined 3 cents to close at $113 with 2,404 stocks crossing the exchange. Scotiabank remained at $54 in trading 3,389 stock units, Trinidad & Tobago NGL lost 1 cent in closing at $4.03 with an exchange of 4,121 shares, Unilever Caribbean ended at $11 with an exchange of 43,784 stocks and West Indian Tobacco ended trading of $5.44 with 5,794 units crossing the market.

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

Winners beat losers but T&TSE falls


Winning stocks beat out losers on the Trinidad and Tobago Stock Exchange on Monday following a 33 percent rise in the volume of stocks traded and worth 37 percent less than on Friday. Trading took place in twenty one securities, up from 19 on Friday and ending with prices of nine stocks advancing, five declining and seven ending firm.

The market closed with trading of 130,830 shares for $1,229,998 up from 98,458 stocks at $1,961,543 on Friday.
An average of 6,230 shares were traded at $58,571 compared with 5,182 units at $103,239 on Friday, with trading for the month to date ending with an average of 15,417 shares for $97,806 down from 16,162 units at $100,988 on the previous trading day compared with an average for February of 22,005 shares at $200,032.
The Composite Index slipped 5.30 points to conclude trading at 1,052.09, the All T&T Index skidded 10.75 points to conclude trading at 1,544.28, the SME Index rose 8.35 points to settle at 91.85 and the Cross-Listed Index gained just 0.07 points to settle at 73.54.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three with lower offers.
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, Point Lisas ended at $3.28 with investors trading 1,500 units, Prestige Holdings remained at $11.30 in an exchange of 435 shares. Republic Financial popped 98 cents and ended at $113.03 with traders dealing in 1,208 stock units, Scotiabank shed $1 to end at a 52 weeks’ low of $54 after an exchange of 2,010 shares, Trinidad & Tobago NGL sank 1 cent to close at $4.04 with investors trading 12,800 units. Trinidad Cement rallied 5 cents to $2.40 with 100 stocks clearing the market, Unilever Caribbean declined 18 cents to finish at $11 with investors swapping 63,645 stock units and West Indian Tobacco remained at $5.44 with 5,457 shares changing hands.

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

Financials weigh down Trinidad Exchange


Decline in the prices of financial stocks, with significant losses, weighed down the Trinidad and Tobago Stock Exchange this week, with 9 stocks losing and 6 gaining. The week closed with the All Trinidad and Tobago Index and the Combined Index declining.

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.
In a week that ended with few stocks posting notable gains. Angostura Holdings rose by just 25 cents to $14.25 and Unilever rallied by 18 cents to close at $11.18. Ansa Merchant Bank dropped $1.50 to close at $40, Republic Holdings slipped $1.09 to end the week at a 52 weeks’ low of $112.05, Scotiabank fell $1 to $55 and Ansa McAl lost $1.35 in closing at $56.
Stocks with the potential to gain more than 100 percent when the market comes back to life, include CIBC Caribbean Bank which could gain 200 percent, the severely undervalued Guardian Holdings, with a 430 percent potential, Republic Holdings at 140 percent, First Citizens Bank 100 percent, Massy Holdings 50 percent, Trinidad Cement with 340 percent. Eric Solis with a 100 percent potential gain and One Caribbean Media with 315 percent.
Investors should watch Prestige Holdings with the potential to gain 80 percent and Trinidad and Tobago NGL with a potential gain of 290 percent.

Losers edged out winners on T&TSE


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.

Trading jumps on T&T Stock Exchange 


Trading jumped sharply on the Trinidad and Tobago Stock Exchange on Thursday, over Wednesday’s levels, with a 556 percent surge in the volume exchanged and a 446 percent jump, resulting in 18 securities trading similar to Wednesday and ending with prices of three stocks rising, seven declining and eight ended firm.

The market closed with trading of 426,040 shares for $2,568,765 up sharply from 64,916 stock units at $470,799 on Wednesday. An average of 23,669 shares were traded valued at $142,709 compared with 3,606 units at $26,156 on Wednesday. Trading for the month to date ended with an average of 17,031 shares at $100,808 compared with 16,493 units at $97,415 on the previous day and an average for February of 22,005 shares at $200,032.
The Composite Index lost 5.05 points to close at 1,057.52, the All T&T Index sank 8.42 points to cease trading at 1,552.25, the SME Index remained unchanged at 83.50 and the Cross-Listed Index shed 0.20 points to cease trading at 73.92.
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 of a day of heightened trading, rum producer Angostura Holdings ended at $14.25 after an exchange of 634 stock units, Ansa Merchant Bank popped 50 cents to $40 with trading of 290 shares , Calypso Macro Investment Fund ended at $25 with investors trading 1,000 stock units. CIBC Caribbean Bank remained at $8.10 with 800 units clearing the market, First Citizens Group gained 1 cent and closed at $41.40 with investors trading 2,295 shares, GraceKennedy ended at $3.60 in switching ownership of 12,259 stock units. Guardian Holdings remained at $14.86 as investors exchanged 43,248 stocks, Guardian Media closed trading of 127 units at $1.10, Massy Holdings dipped 3 cents and ended at $3.90 with investors swapping 302,173 shares. National Enterprises sank 16 cents to close at $2.50 with 16,879 stocks changing hands, National Flour Mills lost 8 cents to end at $1.61 with traders dealing in 2,000 units, NCB Financial ended at $2.35 in an exchange of 25,848 stock units. Prestige Holdings dipped 1 cent to $11.29 with investors dealing in 630 shares, Republic Financial sank 13 cents to end at $112.90 after a transfer of 2,665 units, Scotiabank skidded $1.40 and closed at $54.10 in trading 1,202 stocks. Trinidad & Tobago NGL rose 3 cents to $4.05 with 4,103 stock units crossing the market, Unilever Caribbean fell 1 cent and ended at $11.18 with an exchange of 1,000 shares and West Indian Tobacco remained at $5.44 in trading of 8,887 stocks.

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

Trading plunges on Trinidad Stock Exchange


Stocks ended with losers edging out winners on the Trinidad and Tobago Stock Exchange on Wednesday, resulting from trading in 18 securities similar to trading on Tuesday and ending with prices of four stocks rising, five declining and nine ending firm resulting in an 87 percent drop in the volume of stocks traded with a 78 percent lower value than on Tuesday.

The market closed with trading of 64,916 shares worth $470,799 well below the 518,812 stock units at $2,126,960 on Tuesday.
An average of 3,606 shares were traded at $26,156 down from 28,823 units at $118,164 on Tuesday, with trading month to date averaging 16,493 shares at $97,415 in line with 17,630 units at $103,704 on the previous day and an average for February of 22,005 shares at $200,032.
The Composite Index rose 3.48 points to 1,062.57, the All T&T Index increased 6.72 points to 1,560.67, the SME Index remained at 83.50 and the Cross-Listed Index ended unchanged at 74.12.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of trading, Agostini’s ended at $68 after an exchange of 40 stocks, Angostura Holdings rose 25 cents to $14.25 in trading 1,063 shares, Ansa McAl ended at $57 with 14 stock units crossing the market. Ansa Merchant Bank skidded 50 cents to close at $39.50 with investors trading 50 stocks, Calypso Macro Investment Fund ended at $25 in an exchange of 50 shares, CIBC Caribbean Bank ended at $8.10 after the trading of 4,200 units. First Citizens Group remained at $41.39 with 2,071 stocks crossing the market, GraceKennedy sank 9 cents to $3.60 with investors trading 80 stock units, Guardian Holdings gained 1 cent to end at $14.86 with 700 shares changing hands. JMMB Group ended at $1.11 with traders dealing in 38,169 stocks, Massy Holdings popped 3 cents to close at $3.93 after an exchange of 261 units, National Enterprises ended trading at $2.66 with a transfer of 7,029 stock units. Prestige Holdings remained at $11.30 after closing with an exchange of 1,374 shares, Republic Financial climbed 3 cents in closing at $113.03 after a transfer of 1,097 stock units, Scotiabank remained at $55.50 with investors swapping 1,466 stocks. Trinidad & Tobago NGL shed 48 cents and ended at $4.02 in an exchange of 2,461 units, Trinidad Cement declined 5 cents to close at $2.35 after 10 stocks passed through the market and West Indian Tobacco lost 6 cents to end at $5.44 in switching ownership of 4,781 units.

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

Ansa Merchant Bank drops $1.50 on TTSE


Ansa Merchant Bank suffered a $1.50 drop, the largest decline on the Trinidad and Tobago Stock Exchange on Tuesday, following a 22 percent decline in the volume of stocks traded worth 44 percent less than on Monday, resulting in the trading of 18 securities, up from 16 on Monday and ending with prices of four rising, eight declining and six closing firm.

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.
An average of 28,823 shares were traded at $118,164 well below the 41,581 stock units at $236,335 on Monday, with trading month to date averaging 17,630 shares valued at $103,704 which is aligned with the 16,547 units at $102,308 on the previous day and an average for February ending with 22,005 shares at $200,032.
The Composite Index skidded 2.47 points to 1,059.09, the All T&T Index dropped 6.69 points to settle at 1,553.95, the SME Index remained at 83.50 and the Cross-Listed Index rallied 0.29 points to cease trading at 74.12.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three with lower offers.
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.

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

Trading jumps on the T&T Exchange 


Trading jumped on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded rising 135 percent worth 145 percent more than on Friday resulting from trading in 16 securities down from 21 on Friday and ending with prices of four rising, five declining and seven ending firm.

The market closed with trading of 665,293 shares for $3,781,362 up from 283,084 stocks at $1,543,838 on Friday.
An average of 41,581 shares were traded at $236,335 well above the 13,480 units at $73,516 on Friday, with trading for the month to date averaging 16,547 shares valued at $102,308 up from 14,190 units at $89,710 on the previous day and an average for February of 22,005 shares at $200,032.
The Composite Index rallied 0.31 points to 1,061.56, the All T&T Index dipped 0.69 points to close at 1,560.64, the SME Index remained unchanged at 83.50 and the Cross-Listed Index rallied 0.19 points in concluding trading at 73.83.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and five with lower offers.
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, Prestige Holdings ended at $11.30 after a transfer of 608 units, Republic Financial rose 23 cents and ended at $113.37 after trading of 5,031 stock units. Scotiabank lost 50 cents to end at $55.50 with an exchange of 3,531 shares, Trinidad & Tobago NGL skidded 3 cents and ended at a 52 weeks’ low of $4 after 767 stocks passed through the market, Unilever Caribbean gained 19 cents to finish at $11.19 in an exchange of 27 units and West Indian Tobacco fell 5 cents to close at $5.50 with 1,258 stock units clearing the market.

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

Mixed week for Trinidad Stock Exchange


Trading ended with mixed fortunes for the market with 10 losing stocks and 8 winners on the Trinidad and Tobago Stock Exchange and closed the week with the All Trinidad and Tobago Index rising moderately and the Combined Index just slipping.

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.
In a week that ended with some stocks posting solid gains, Scotiabank rose $1.85 to $56, First Citizens Bank rallied 49 cents to $41.50 and Ansa Merchant Bank gained 25 to close at $41.50.
Republic Holdings slipped 36 cents to $113.14. Ansa McAl lost 64 cents in closing at $57.35, Angostura Holdings dropped 84 cents to $14, Endeavour Holdings shed $2.85 to $16.15 and Trinidad and Tobago NGL.

Stocks with the potential to gain more than 100 percent when the market comes back to life, include CIBC Caribbean Bank which could gain 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 340 percent, Eric Solis with a 100 percent potential gain and One Caribbean Media with 315 percent.

Investors should watch Prestige Holdings with the potential to gain 80 percent and Trinidad and Tobago NGL with a potential gain of 290 percent.