Market activity on the Trinidad and Tobago Stock Exchange was light on Friday, with 11 securities trading against 22 on Thursday, and resulted in slightly more stocks declining than rising after trading 57 percent fewer shares, with 7 percent greater value than on Thursday.
At the close, four stocks rose, five declined and two were left unchanged.
The Composite Index declined 3.06 points to 1,466.82, the All T&T Index shed 6.42 points to end at 2,024.43 and the Cross-Listed Index added 0.08 points to settle at 121.95.
At the close, a total of 168,084 shares traded for $5,432,410 versus 393,758 units at $4,306,588 on Thursday. An average of 15,280 units traded at $493,855 compared to 17,898 at $229,720 on Thursday, with trading month to date averaging 21,831 units at $277,044 versus 22,190 units at $265,179. The average trade for November amounts to 35,109 units at $290,897.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and two stocks with lower offers.
At the close, CinemaOne ended at $4 with the swapping of 400 shares, Clico Investment Fund rose $1.18 in closing at a 52 weeks’ high of $30 after trading 66,032 stocks, Guardian Holdings dropped 17 cents to $30.33 in exchanging 17,904 units. JMMB Group ended at $2.30, with 2,000 stock units changing hands, Massy Holdings increased $4.45 in ending at $99.70, with 23,728 units, crossing the market, NCB Financial Group shed 3 cents to close at $8.01 with 34,000 shares changing hands. Republic Financial Holdings fell $1.49 to $136.51 after 130 stocks crossed the exchange, Scotiabank fell 50 cents to $68.50 while exchanging 100 stock units, Trinidad & Tobago NGL declined $1.10 to $18.90 trading 550 units. Trinidad Cement rallied 20 cents to $3.70 in switching ownership of 240 shares and Unilever Caribbean gained 10 cents to close at $16.20 after exchanging 23,000 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Light trading on the Trinidad Stock Exchange
Slippage for JSE USD market
Trading ended on Thursday, with the volume of shares swapped declining 24 percent with 86 percent lower value than on Wednesday, as the number of securities trading, climbed at the close of the Jamaica Stock Exchange US dollar market, resulting in an even number of stocks rising and falling.
Trading ended with five securities changing hands, compared to two on Wednesday with prices of two rising, two declining and one ending unchanged.
The JSE US Denominated Equities Index lost 1.17 points to end at 213.21. The PE Ratio, a measure used in computing appropriate stock values, averages 12.5. The PE ratios are computed based on earnings forecasts done by ICInsider.com for each company with the financial year ending during the current year up to August 2022.
Overall, 133,466 shares traded, for US$5,656 compared to 174,820 units at US$39,324 on Wednesday.
Trading averaged 26,693 units at US$1,131 versus 87,410 shares at US$19,662 on Wednesday and month to date averaging 545,465 shares at US$73,763 versus 594,405 units at US$80,616 on Wednesday. November ended with an average of 79,766 units for US$10,928.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close, Margaritaville lost half a cent in closing at 9.5 US cents with the swapping of 20,000 shares, Proven Investments increased half of one cent to 23 US cents after trading 9,928 stocks, Sterling Investments gained 0.1 of a cent to 2.1 US cents in exchanging 4,889 units. Sygnus Credit Investments USD share remained at 12.9 US cents with 4,792 stock units changing hands and Transjamaican Highway dropped 0.06 of a cent in ending at 0.8 of one US cents in trading 93,857 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rising stocks push TTSE higher
Market activity ended on Thursday resulting in more stocks rising than falling at the close of trading after an exchange of 177 percent more shares, with 68 percent higher value than on Wednesday to close the Trinidad and Tobago Stock Exchange.
A total of 22 securities traded, up from 18 on Wednesday, with eight rising, five declining and nine unchanged while two of the stocks rising closed at 52 weeks’ high.
The Composite Index rose 6.26 points to 1,469.88, the All T&T Index popped 9.54 points to 2,030.85 and the Cross-Listed Index rallied 0.39 points to settle at 121.87.
A total of 393,758 shares traded, for $5,053,851 compared to 142,298 units at $3,011,564 on Wednesday.An average of 17,898 units traded at $229,720 compared to 7,905 at $167,309 on Wednesday, with trading month to date averaging 22,190 units at $265,179 versus 22,717 units at $269,537. The average trade for November amounts to 35,109 units at $290,897.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s popped $2 to close at a 52 weeks’ high of $29.50 after an exchange of 1,000 shares, Angostura Holdings rose 43 cents to $17.61, with 643 stock units changing hands, Ansa McAl ended unchanged at $59.50, with 45 stocks clearing the market. Calypso Macro Investment Fund ended at $16.65 after 142 units crossed the exchange, Clico Investment Fund remained at $28.82 after 26,309 units passed through the market, First Citizens Group fell 5 cents to $58.45 with an exchange of 2,281 stock units. GraceKennedy popped 5 cents to close at $6.20 with the swapping of 7,959 shares, Guardian Holdings remained at $30.50 trading 25,200 stocks, JMMB Group advanced 8 cents to end at $2.30 in trading 80 stocks. L.J. Williams B share increased 24 cents to a 52 weeks’ high of $1.84 in trading 655 stock units, Massy Holdings lost 33 cents to end at $95.25 in an exchange of 4,471 shares, National Enterprises ended at $3.20 in an exchange of 730 units. National Flour Mills rallied 3 cents to close at $1.90 while exchanging 260 stocks, NCB Financial Group inched 2 cents up to $8.04 after trading 267,264 shares, One Caribbean Media dropped 25 cents to $4.45 in switching ownership of 643 stock units. Prestige Holdings ended unchanged at $7, after exchanging 500 units, Republic Financial Holdings ended unchanged at $138 trading 120 stock units, Scotiabank gained $2 in ending at $69 while exchanging 20 shares. Trinidad & Tobago NGL finished at $20, with 60 stocks clearing the market, Trinidad Cement remained at $3.50 trading 16,422 units, Unilever Caribbean declined 25 cents to end at $16.10 with 36,550 units changing hands and West Indian Tobacco shed 5 cents to $28.45 after 2,404 stocks crossed the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Steady trading on the JSE USD market
Trading virtually dried up on Wednesday on the Jamaica Stock Exchange US dollar market, with just two securities changing hands, compared to five on Tuesday but the volume of stocks changing hands rising by 977 percent with the value surging 1,915 percent higher than on Tuesday.
Trading ended with prices of no stock rising or declining and two ending unchanged.
The JSE US Denominated Equities Index popped a mere 0.01 point to end at 214.38. The PE Ratio, a measure used in computing appropriate stock values, averages 12.6. The PE ratio uses earnings forecasts done by ICInsider.com for each company with the financial year ending during the current year up to August 2022.
A mere 174,820 shares traded for US$39,324 compared to 16,239 units at US$1,951 on Tuesday.
Trading averaged 87,410 units at US$19,662, compared to 3,248 shares at US$390 on Tuesday and month to date averaging 594,405 shares at US$80,616 versus 614,287 units at US$83,006 on Tuesday. November ended with an average of 79,766 units for US$10,928.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Proven Investments remained at 22.5 US cents after an exchange of 174,795 shares and Sygnus Credit Investments USD share ended at 12.9 US cents with the trading of 25 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
More gains for Trinidadian stocks
Funds passing through the Trinidad and Tobago Stock Exchange dropped sharply on Wednesday and resulted in an exchange of 39 percent fewer shares, with 48 percent lower value than Tuesday, as market activity resulted in more stocks rising than falling at the close.
At the close, 18 securities traded, down from 21 on Tuesday, with seven rising, five declining and six ending unchanged. The Composite Index climbed 6.63 points to 1,463.62, the All T&T Index spiked 11.03 points to 2,021.31 and the Cross-Listed Index rose 0.27 points to settle at 121.48.
A total of 142,298 shares traded for $3,011,564 versus 231,849 units at $5,738,958 on Tuesday. An average of 7,905 shares traded at $167,309 compared to 11,040 at $273,284 on Tuesday, with trading month to date averaging 22,717 units at $269,537 compared to 24,373 units at $280,966. The average trade for November amounts to 35,109 units at $290,897.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close, Angostura Holdings lost 32 cents to end at $17.18 in trading 1,577 shares, Clico Investment Fund shed 18 cents to $28.82, with 29,984 stocks crossing the market, Endeavour Holdings popped 45 cents to $7.93 after exchanging 200 stock units. First Citizens Group increased 50 cents to $58.50 crossing with 1,685 units changing hands, GraceKennedy climbed 5 cents to $6.15 after 300 shares crossed the exchange, Guardian Holdings remained at $30.50 in trading 7,937 units. JMMB Group ended at $2.22 after 19,000 stock units changed hands, Massy Holdings closed at $95.58 with an exchange of 5,764 stocks, National Enterprises dropped 5 cents to $3.20 while exchanging 100 shares. National Flour Mills remained at $1.87 in exchanging 414 units, NCB Financial Group advanced 2 cents to $8.02, with 6,123 stock units clearing the market, Prestige Holdings slipped 1 cent to $7 after swapping of 6,584 stocks. Republic Financial Holdings fell 1 cent to $138 in facilitating ownership switching 1,329 stocks, Scotiabank spiked $2 in closing at $67 in an exchange of 411 stock units, Trinidad & Tobago NGL rose $1 to $20 trading 41,130 shares. Trinidad Cement rallied 9 cents to close at $3.50 with an exchange of 19,500 units, Unilever Caribbean closed unchanged at $16.35 after exchanging 88 units and West Indian Tobacco ended at $28.50, with 172 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.