Stocks closed on the first month of the year with several price movements on the Trinidad and Tobago Stock Exchange on Friday and increased trading compared with Thursday, with the volume of stocks traded, surging 1,551 percent and the value 465 percent greater than on Thursday, resulting from an exchange of 23 securities, up from 16 on Thursday and ending with prices of eight stocks rising, eight declining and seven ending firm.
The market closed with trading of 1,024,134 shares for $6,366,073 up from just 62,045 stock units at a mere $1,126,516 on Thursday. An average of 44,528 shares were traded at $276,786 well above the 3,878 stock units at $70,407 on Thursday, with trading month to date averaging 17,669 shares at $153,409 up from 16,052 units at $145,980 on the previous day and an average for December of 19,548 shares at $423,231.
The Composite Index increased 2.45 points to end at 1,067.98, the All T&T Index sank 1.65 points to conclude trading at 1,571.11, the SME Index remained at 96.65 and the Cross-Listed Index rallied 0.96 points to close at 74.12.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of a busy trading session, Agostini’s lost $2 and ended at $66 with an exchange of 152 stock units, Angostura Holdings rose 49 cents to $14.49 with 2,239 shares crossing the market, Ansa McAl remained at $59.80 in trading 9,785 units. 
Ansa Merchant Bank rallied 50 cents in closing at $40 after an exchange of 14,513 stocks, CIBC Caribbean Bank increased by 1 cent to close at $8.01 with 294 crossing the market stock units, Endeavour Holdings ended at $19 after an exchange of 135 stocks. First Citizens Group skidded 15 cents in closing at $42 with 10,160 shares changing hands, Guardian Holdings climbed by 40 cents to $15.25 in an exchange of 1,825 stock units, Guardian Media ended at $1.12 with investors trading 90 shares. JMMB Group popped 4 cents and ended at $1.06 in an exchange of 5 units, Massy Holdings sank 1 cent to end at $3.94 with 247,302 stocks clearing the market, National Enterprises dropped 20 cents to close at $2.52 as investors exchanged 1,261 stock units. National Flour Mills shed 3 cents to $1.66 after a transfer of 3,480 shares, NCB Financial remained at $2.33 with 501,920 units crossing the exchange, One Caribbean Media advanced 4 cents to finish at $2.89 with a transfer of 179,963 stocks. 
Point Lisas ended at $3.28 with investors dealing in 4,047 stocks, Prestige Holdings declined 34 cents to end at $10.06 after 3,839 shares were traded, Republic Financial gained 40 cents in closing at $113.40 with traders dealing in 10,983 stock units. Scotiabank remained at $56 and closed after 11,432 stocks changed hands, Trinidad & Tobago NGL fell 5 cents in closing at a 52 weeks’ low of $4.70 in swapping 19,892 units, Trinidad Cement dipped 4 cents to end at $2.45 with investors swapping 800 stocks. Unilever Caribbean remained at $11.19 with the trading of 10 shares and West Indian Tobacco rose 12 cents to finish at $5.52 with 7 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 62,045 shares for $1,126,516 up from 42,887 stock units at $345,319 on Wednesday. An average of 3,878 shares were traded at $70,407 well ahead of 2,523 units at $20,313 on Wednesday, with trading month to date averaging 16,052 shares at $145,980 compared with 16,584 units at $149,284 on the previous day and an average for December of 19,548 shares at $423,231.
At the close, Agostini’s rallied $2.01 and ended at $68 with an exchange of 1,000 stock units, Angostura Holdings remained at $14 with 7,255 shares clearing the market, Ansa McAl sank 70 cents to close at $59.80 after an exchange of 4,275 stocks. Ansa Merchant Bank ended at $39.50 in trading 1,282 stock units, CIBC Caribbean Bank shed 23 cents to end at $8 with 1,000 stocks crossing the exchange, First Citizens Group increased 65 cents to finish at $42.15 with investors swapping 2,276 shares. GraceKennedy ended at $3.74 with 10,000 stock units crossing the market, Guardian Holdings fell 8 cents to $14.85 with a transfer of 8,059 units, JMMB Group remained at $1.02 after an exchange of 1,000 shares.
Massy Holdings ended at $3.95 and closed with 14,352 units being traded, National Enterprises skidded 2 cents in closing at $2.72 in an exchange of 4 stocks, NCB Financial lost 6 cents to end at $2.33 with traders dealing in 1,080 stock units. Prestige Holdings declined 35 cents to $10.40 with 1,219 shares changing hands, Republic Financial lost 25 cents to close at $113 after 2,485 units passed through the market, Scotiabank remained at $56 in switching ownership of 158 stocks and Trinidad & Tobago NGL ended at $4.75 with investors trading 6,600 stock units.
The market closed with trading of 42,887 shares for $345,319 down from 55,504 stock units at $1,090,160 on Tuesday.
At the close, Agostini’s dipped 1 cent to close at $65.99 in trading 15 stock units, Angostura Holdings ended at $14 after an exchange of 322 shares, Ansa McAl ended at $60.50 with investors ending the trading of just stock units. Calypso Macro Investment Fund ended at $23.75 with 812 stocks crossing the exchange, CIBC Caribbean Bank popped 3 cents to finish at $8.23 with investors swapping 293 shares, First Citizens Group remained at $41.50 with 1,686 stocks crossing the market. GraceKennedy ended at $3.74 with a transfer of 108 units, Guardian Holdings remained at $14.93 and closed with 190 stock units changing hands, Guardian Media ended at $1.12 with an exchange of 200 shares. Massy Holdings remained at $3.95 after a transfer of 24,093 stocks, 
National Flour Mills slipped 1 cent to close at $1.69 after 200 units passed through the market, Prestige Holdings remained at $10.75 with an exchange of 160 stock units. Republic Financial slipped 55 cents to end at $113.25 with 552 shares crossing the market, Scotiabank gained 20 cents to end at $56 with investors trading 103 stock units, Trinidad & Tobago NGL ended at $4.75 after an exchange of 109 stocks. Unilever Caribbean closed at $11.19 with 150 units clearing the market and West Indian Tobacco sank 13 cents to finish at $5.40 after an exchange of 13,888 stocks.
The market closed with 55,504 shares trading for $1,090,160 compared to 148,192 stocks at $1,298,267 on Monday.
Calypso Macro Investment Fund ended at $23.75 with investors dealing in 206 stock units, CIBC Caribbean Bank sank 4 cents in closing at $8.20 with a transfer of 721 shares, Endeavour Holdings advanced $1 to close at a 52 weeks’ high of $19 after an exchange of 125 stock units. First Citizens Group dropped 30 cents to $41.50 after 714 stocks passed through the market, Guardian Holdings lost 32 cents to close at $14.93 as investors exchanged 1,810 stock units, JMMB Group skidded 4 cents to end at a 52 weeks’ low of $1.02 in trading 1,950 shares. Massy Holdings ended at $3.95 with 29,817 units clearing the market, National Enterprises popped 23 cents to finish at $2.74 with traders dealing in 2,464 stocks, National Flour Mills remained at $1.70 with 1,045 stock units crossing the market. 
Prestige Holdings remained at $10.75 with investors swapping 422 shares, Republic Financial fell 20 cents to end at $113.80 with 5,013 stock units changing hands, Scotiabank dipped 20 cents in closing at $55.80 with an exchange of 4,963 stocks. Trinidad & Tobago NGL ended at $4.75 with the trading of 3,410 units and West Indian Tobacco rallied 13 cents and ended at $5.53, with 2,600 shares crossing the exchange.
The market closed with trading of 148,192 shares for $1,298,267 compared to 273,711 stock units at $1,527,686 on Friday.
At the close, Agostini’s remained at $68 with investors trading 20 stocks, Angostura Holdings ended at $14 with 206 units being traded, Ansa McAl dropped 70 cents to close at $59.80 with trading of 732 shares. Calypso Macro Investment Fund remained at $23.75 with investors swapping 100 stock units, CIBC Caribbean Bank fell 1 cent to finish at $8.24 in an exchange of 1,400 shares, Eric Solis Marketing skidded 1 cent and ended at $4.25 with 8 units crossing the market. First Citizens Group rallied 16 cents to $41.80 as investors exchanged 2,576 stocks, GraceKennedy sank 1 cent and ended at $3.74 after a transfer of 11,071 stock units, Guardian Holdings popped 25 cents to finish at $15.25 after 64 shares passed through the market. JMMB Group increased 1 cent to close at $1.06 after an exchange of 1,460 stock units, Massy Holdings lost 3 cents in closing at $3.95 with 40,285 units clearing the market, National Enterprises sank 14 cents to end at $2.51 after an exchange of 4,060 stocks. 
National Flour Mills ended at $1.70 with investors trading 12,100 stock units, One Caribbean Media dipped 15 cents to close at $2.85 after an exchange of 34 stocks, Prestige Holdings jumped 68 cents to $10.75 with investors dealing in 46 shares. Republic Financial remained at $114 with 3,134 units passing through the exchange, Scotiabank ended at $56 with traders dealing in 2,923 shares, Trinidad & Tobago NGL ended at $4.75 in switching ownership of 1,037 stock units. Unilever Caribbean slipped 1 cent to $11.19 after the trading of 620 units and West Indian Tobacco declined 13 cents and ended at $5.40 with an exchange of 66,316 stock units.
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 average PE ratio of the market, closed at 8 based on 2023 earnings compared to 5.44 based on the estimate of the 2024 earnings, with the difference showing the extent of the market’s current level of undervaluation and the upside potential for gains ahead.
Investors should watch Prestige Holdings with the potential to gain 100 percent and Trinidad and Tobago NGL with a potential gain of 230 percent.
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 237,981 shares being traded with a value of $1,288,296 compared to 165,430 stock units at $2,297,270 on Tuesday. An average of 12,525 shares were traded at $67,805 compared with 8,707 units at $120,909 on Tuesday, with trading month to date averaging 19,220 shares at $173,342 compared with 19,715 units at $181,144 on the previous day and an average of 19,548 stocks valued at $423,231 for 
Ansa McAl remained at $61 and closed with an exchange of 241 units. Calypso Macro Investment Fund ended at $23.75, with 265 stocks crossing the market, CIBC Caribbean Bank ended at $8.25 with traders dealing in 613 shares, Endeavour Holdings remained at $18 in an exchange of just one unit. First Citizens Group climbed 31 cents to close the trading of 1,559 stocks at $42.16, GraceKennedy remained at $3.75 after 2,846 stock units passed through the market, Guardian Holdings lost 25 cents to close at $15 in trading 230 shares. JMMB Group ended at $1.06 with 111 stock units clearing the market, Massy Holdings shed 3 cents in closing at $3.82 with a transfer of 25,223 stocks, National Flour Mills remained at $1.70 as investors exchanged 4 units. NCB Financial ended at $2.39 with 185,900 stocks crossing the market, 
Prestige Holdings sank 20 cents to finish at $10.50 with investors trading 1,845 units, Republic Financial rose 16 cents and ended at $114 with an exchange of 4,549 shares. Scotiabank ended at $56 trading 432 stock units, Trinidad & Tobago NGL rallied 2 cents to $4.75 after an exchange of 12,860 shares, Unilever Caribbean slipped 5 cents to close at $11.20 with investors dealing in 431 units and West Indian Tobacco fell 1 cent to a 52 weeks’ low of $5.50 in an exchange of 249 stocks.
The market closed with trading of just 165,430 shares for $2,297,270 down from 604,133 stock units at $2,439,877 on Monday. An average of 8,707 shares were traded at $120,909 a fall from 33,563 units at $135,549 on Monday, with trading month to date averaging 19,715 shares at $181,144 compared with 20,594 units at $185,951 on the previous day and an average for December of 19,548 shares at $423,231.
Calypso Macro Investment Fund remained at $23.75 after 8 stock units crossed the exchange, CIBC Caribbean Bank ended at $8.25 in trading 5,000 shares, First Citizens Group skidded 84 cents in closing at $41.85 with 7,142 stocks being traded. GraceKennedy popped 1 cent to close at $3.75 as investors traded 1,529 units, JMMB Group remained at $1.06 with 246 stocks crossing the market, L.J. Williams B share inched 1 cent higher to close at 81 cents with traders dealing in 7,822 units. Massy Holdings remained at $3.85 in an exchange of 119,976 shares, National Enterprises lost 2 cents to finish at $2.75 with investors trading 77 stock units, National Flour Mills ended at $1.70 after 60 stocks passed through the market, 
Prestige Holdings fell 29 cents to $10.70 and closed with 2,756 stocks changing hands, Republic Financial rose 4 cents to end at $113.84 with investors trading 8,905 shares. Scotiabank dipped $1.10 to close at $56 with 7,111 stock units clearing the market, Trinidad & Tobago NGL lost 2 cents and ended at a 52 weeks’ low of $4.73 after a transfer of 4,255 shares, Unilever Caribbean rallied 5 cents to finish at $11.25 with investors dealing in 305 stock units and West Indian Tobacco dropped 4 cents to $5.51 after an exchange of just one stock.