Trading activity gathers pace on Friday, resulting from a rise of 260 percent more shares, with 1,119 percent higher value than on Wednesday, at the close of the Trinidad and Tobago Stock Exchange.
At the close, 17 securities traded up from 16 on Wednesday, with four rising, five declining and eight remaining unchanged. Calypso Macro Investment Fund and Massy Holdings closed trading at 52 weeks’ high. The Composite Index fell 2.67 points to settle at 1,429.12, the All T&T Index dropped 1.75 points to settle at 1,942.89 and the Cross-Listed Index shed 0.51 points to settle at 123.24.
Overall, 127,743 shares traded for $4,558,721 versus 35,457 units at $373,845 on Wednesday. An average of 7,514 units traded for $268,160, up from 2,216 shares at $23,365 on Wednesday, with trading month to date averaging 4,644 units at $110,938 versus 3,628 units at $55,256. The average trade for October amounts to 23,649 units at $227,589.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two stocks with lower offers.
At the close, Agostini’s remained at $24.50, after 2,005 shares crossed the market, Ansa McAl fell 43 cents to $57.57 with 103 stocks trading, Calypso Macro Investment Fund rose 74 cents in closing at $17.75 in an exchange of 25 stock units. Clico Investment Fund remained unchanged at $26.99 with 12,798 units changing hands, First Citizens Group remained at $51 after exchanging 1,923 shares, GraceKennedy lost 13 cents to end at $6.10 with the swapping of 40,828 stocks. Guardian Holdings inched 1 cent, ending at $30.33 with an exchange of 21,064 units, JMMB Group dipped 1 cent to $2.23 after exchanging 7,097 stock units, Massy Holdings rose 5 cents to close at $90 trading 31,412 stocks. National Enterprises remained at $3.29, with 15 units changing hands, National Flour Mills traded 250 stock units at $1.90, One Caribbean Media closed at $4.75, with 1,065 shares crossing the market. Republic Financial Holdings remained at $136.47 in trading 1,254 stocks, Scotiabank had an exchange of 1,552 shares at $62.90, Trinidad & Tobago NGL shed 4 cents in closing at $18.31 in switching ownership of 466 units. Trinidad Cement dropped 9 cents in closing at $3.80 while exchanging 4,975 stock units and West Indian Tobacco advanced 20 cents to $30.50 after 911 stock units changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading jumps on the TTSE on Friday
Across the board fall for JSE US$ stocks
Trading dived sharply on Thursday, with investors exchanging 93 percent fewer shares than on Wednesday, with 97 pompared to six on Wednesday, trading ended with seven securities changing hands, with one rising and six declining.
The JSE US Denominated Equities Index lost 2.16 points to end at 194.93.
The PE Ratio, a measure used in computing appropriate stock values, averages 12. The PE ratio is 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, 99,799 shares traded for US$8,317, down from 1,508,978 units at US$273,924 on Wednesday. Trading averaged 14,257 units at US$1,188 versus 251,496 shares at US$45,654 on Wednesday and the month to date averages 117,547 at US$13,830 versus 162,736 units at US$19,360 on Wednesday. October ended with an average of 48,646 units for US$4,160.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than its last selling price and three with lower offers.
At the close, First Rock Capital US fell 0.1 of a cent to 6.9 US cents with an exchange of 150 shares, Margaritaville dropped 0.45 of a cent to 9 US cents with 11,073 stock units passing through the market, Proven Investments lost 0.2 of a cent to end at 22.8 US cents with 27,763 units changing hands. Sterling Investments fell 0.09 of a cent to close at 2 US cents with 660 shares traded, Sygnus Credit Investments USD declined 0.01 of a cent to finish at 12.98 US cents with investors switching ownership of 3,504 stocks and Transjamaican Highway shed 0.04 of a cent to end at 0.84 US cents with 56,609 units crossing the exchange.
In the preference segment, JMMB Group 6% rose 3 cents to US$1.05 with 40 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Proven drives JSE USD market trading – Wednesday
Proven Investment ended trading as the standout stock, having exchanged the most shares for the day after it ended with an exchange of 1,018,190 shares on the US dollar market on Wednesday, as the trade pushed the overall volume exchanged up 827 percent higher than on Tuesday after 3,652 percent more funds, came into the market and resulted in rising stocks outnumbered declining ones.
Six securities traded on Wednesday compared to five on Tuesday, with prices of three rising, one declining and two ending unchanged.
The JSE US Denominated Equities Index rose 4.66 points to 197.09. The PE Ratio, a measure used in computing appropriate stock values averages 12.3. The PE ratio is based on earnings forecasted by ICInsider.com for each company, with the financial year ending during the current year up to August 2022.
Overall, 1,508,978 shares traded for US$273,924 versus 162,849 units at US$7,301 on Tuesday. Trading averaged 251,496 units at US$45,654 compared to 32,570 shares at US$1,460 on Tuesday and the month to date averages 162,736 at US$19,360 versus 109,480 units at US$3,584 on Tuesday. October ended with an average of 48,646 units for US$4,160.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than its last selling price and two stocks with lower offers.
At the close, First Rock Capital US rose 0.01 of a cent to finish at 7 US cents with 469,000 shares traded, Proven Investments lost 0.99 of a cent to settle at 23 US cents with 1,018,190 stock units changing hands, Sterling Investments ended unchanged at 2.09 US cents with 27 stocks passing through the market. Sygnus Real Estate Finance USD share increased by 1 cent to 15 US cents with a transfer of 568 units and Transjamaican Highway rallied 0.13 of a cent to close at 0.88 of a US cent with 11,193 shares crossing the exchange.
In the preference segment, JMMB Group 6% remained at US$1.02 with 10,000 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading dips on Trinidad exchange
Market activity ended on Wednesday with more stocks rising than falling, after trading 69 percent fewer shares, with 80 percent lower value than on Tuesday, at the close of the Trinidad and Tobago Stock Exchange.
Overall, 16 securities traded, down from 17 on Tuesday, with three rising, one declining and 12 remaining unchanged. The Composite Index gained 4.62 points to close at 1,431.79, the All T&T Index popped 9.14 points to 1,944.64 and the Cross-Listed Index lost 0.03 points to settle at 123.75.
A total of 35,457 shares traded for $373,845 compared to 115,767 units at $1,845,111 on Tuesday. An average of 2,216 units traded at $23,365 compared to 6,810 at $108,536 on Tuesday, with the month to date averaging, 3,628 units at 55,256 compared to 4,334 units at $71,201. The average trade for October ended at 23,649 units at $227,589.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and two stocks with lower offers.
At the close, Angostura Holdings remained at $17.10 in exchanging 44 shares, First Citizens Group remained at $51, with 609 units crossing the market, FirstCaribbean International Bank traded 6 stocks at $6.50. GraceKennedy closes at $6.23, with 10,310 stock units clearing the market, Guardian Holdings fell 18 cents in closing at $30.32 after 1,308 stock units crossed the market, JMMB Group traded 40 shares at $2.24. L.J. Williams B share rose 20 cents to $1.50 in exchanging 10,000 units, Massy Holdings popped $3.95 to end at $89.95 in switching ownership of 107 stocks, National Enterprises remained at $3.29 while exchanging 35 stock units. National Flour Mills ended at $1.90 in an exchange of 10,364 shares, One Caribbean Media remained at $4.75 after trading 10 units, Republic Financial Holdings remained at $136.47 after exchanging 474 stocks. Scotiabank climbed 90 cents to close at $62.90, with 2,000 stocks crossing the exchange, Trinidad & Tobago NGL ended unchanged at $18.35, with 65 stock units changing hands, Trinidad Cement closed at $3.89 with the swapping of 15 shares and West Indian Tobacco traded 70 units to close at $30.30.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.