Trading on the Trinidad and Tobago Stock Exchange ended on Wednesday, with the volume of stocks traded rising 216 percent but is valued 68 percent less than on Tuesday resulting in 18 securities trading compared with 16 on Tuesday and ending with prices of seven stocks rising, four declining and seven remaining unchanged.
The market closed with 936,287 shares trading for $2,260,764 compared to 296,301 stock units at $7,132,127 on Tuesday.
An average of 52,016 shares were traded at $125,598 compared to 18,519 units at $445,758 on Tuesday. Trading for the month to date averaged 20,257 shares at $222,704 compared with 17,865 units at $230,034 on the previous day and February with an average of 21,839 shares at $159,828.
The Composite Index shed 1.76 points to settle at 1,190.55, the All T&T Index shed 3.29 points to end trading at 1,778.75, the SME Index remained at 77.95 and the Cross-Listed Index lost 0.02 points to close at 78.54.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s ended at $68.50 with an exchange of 60 units, Angostura Holdings remained at $20.07 after 882 stocks passed through the market, Calypso Macro Investment Fund rose 25 cents in closing at $23 with investors transferring 80 shares. First Citizens Group ended at $49 after investors exchanged 4,593 stock units, FirstCaribbean International lost 1 cent to end at $7.04 after 1,481 shares were traded, GraceKennedy remained at $3.90 after a transfer of 10,918 stock units. JMMB Group rallied 1 cent to $1.52 with traders dealing in 761,747 stocks, Massy Holdings popped 2 cents to $4.35 while exchanging 26,262 units, National Enterprises ended at $3.90 with investors trading 10,001 shares. National Flour Mills advanced 10 cents to close at $2.10 after an exchange of just two stock units, NCB Financial remained at $3.20 with investors dealing in 91,965 stocks, One Caribbean Media declined 21 cents and ended at $3.49 with 7,329 units crossing the exchange. Prestige Holdings climbed 10 cents to close at a 52 weeks’ high of $11.30 with a transfer of 800 stocks, Republic Financial rallied $1.62 to $119.90 after investors exchanged 488 shares, Scotiabank sank $1 to $72 in switching ownership of 935 stock units. Trinidad & Tobago NGL remained at $8.90 with investors swapping 143 units, Unilever Caribbean rallied 5 cents and ended at $11.15 in an exchange of 13,390 stocks and West Indian Tobacco dipped 76 cents in closing at a 52 weeks’ low of $8.55 with 5,211 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rising stocks beat falling ones on Trinidad Exchange
Falling stocks edged out risers on JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks exchanged rising 136 percent after a 25 percent fall in the amount of US dollars changing hands than on Monday, resulting in trading in nine securities, compared to 11 on Monday with prices of three rising, four declining and two ending unchanged.
The market closed with an exchange of 407,861 shares for US$34,259 compared to 172,660 units at US$45,981 on Monday.
Trading averaged 45,318 units at US$3,807 versus 15,696 shares at US$4,180 on Monday, with a month to date average of 65,370 shares at US$4,599 compared with 67,444 units at US$4,681 on the previous day and February that ended with an average of 46,765 units for US$6,084.
The US Denominated Equities Index skidded 2.77 points to end the day at 245.64.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.4. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2024.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, AS Bryden sank 0.14 of a cent to close at 22.01 US cents in an exchange of 150 units, First Rock Real Estate USD share remained at 4.5 US cents with investors trading 2,043 stocks, Margaritaville ended at 10 US cents in switching ownership of 1,266 shares. Proven Investments climbed 0.9 of one cent in closing at 16 US cents while exchanging 134,548 stock units, Sygnus Credit Investments dipped 1.58 cents and ended at 7.41 US cents with 100,173 shares clearing the market, Sygnus Real Estate Finance USD share rose 2.25 cents to a 52 weeks’ high of 12.74 US cents after a transfer of 504 units and Transjamaican Highway lost 0.11 of a cent and ended at 2.07 US cents, with 167,984 stocks crossing the exchange.
In the preference segment, JMMB Group US8.5% preference share advanced 0.9 of one cent in closing at US$1.169 with investors swapping 1,183 stock units and Sygnus Credit Investments E8.5% fell 29 cents to close at US$10.51, with 10 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Falling prices outpace rising ones on Trinidad Exchange
Trading ended on the Trinidad and Tobago Stock Exchange on Tuesday, with the volume of stocks traded declining 36 percent valued 282 percent more than on Monday resulting in 16 securities trading compared with 20 on Monday, ending with prices of two stocks rising, five declining and nine remaining unchanged.
The market closed with an exchange of 296,301 shares for $7,132,127 versus 464,708 stock units at $1,869,078 on Monday.
An average of 18,519 shares were traded at $445,758 compared with 23,235 units at $93,454 on Monday, with trading month to date averaging 17,865 shares at $230,034 compared with 17,818 units at $214,555 on the previous day and February with an average of 21,839 shares at $159,828.
The Composite Index popped 2.08 points to wrap up trading at 1,192.31, the All T&T Index popped 4.03 points to end at 1,782.04, the SME Index remained at 77.95 and the Cross-Listed Index ended unchanged at 78.56.
The Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s remained at $68.50 in an exchange of 3,378 units, Angostura Holdings popped 7 cents to $20.07 after 11,949 stocks passed through the market, Ansa McAl gained $4.50 in closing at $57 with a transfer of 38,005 shares. Calypso Macro Investment Fund ended at $22.75 and closed trading with an exchange of 220 stock units, First Citizens Group remained at $49 with 479 shares crossing the market, FirstCaribbean International Bank ended at $7.05 as investors exchanged 7,007 stock units. Guardian Holdings ended at $17.25, with 92 units crossing the market, Massy Holdings dipped 6 cents in closing at $4.33 with an exchange of 166,001 stocks, National Enterprises remained at $3.90 with trading in 1,000 shares. National Flour Mills ended at $2 with 9,304 units clearing the market, NCB Financial remained at $3.20 in trading 10,000 stocks, Republic Financial fell 72 cents and ended at $118.28, with 9,029 stock units changing hands. Scotiabank remained at $73 with investors swapping 36,938 shares, Trinidad & Tobago NGL skidded 10 cents to end at a 52 weeks’ low of $8.90 in swapping 857 stocks, Unilever Caribbean sank 7 cents in closing at $11.10 while exchanging 1,042 stocks and West Indian Tobacco declined 4 cents to $9.31 with traders dealing in 1,000 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Sharp jump in trading funds in JSE USD Market
Investors traded more securities on the Jamaica Stock Exchange US dollar market on Monday than on Friday, but the volume of stocks exchanged declined by 34 percent after 136 percent more US dollars passed through the market than on Friday, resulting in trading in 11 securities, up from nine on Friday with prices of two rising, three declining and six ending unchanged.
The market closed with an exchange of 172,660 shares for US$45,981 compared to 262,328 units at US$19,513 on Friday.
Trading averaged 15,696 units at US$4,180 versus 29,148 shares at US$2,168 on Friday, with a month to date average of 67,444 shares at US$4,681 compared with 74,934 units at US$4,754 on the previous trading day and February that ended with an average of 46,765 units for US$6,084.
The US Denominated Equities Index lost 0.78 points to close at 248.41.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.7. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, AS Bryden rose 0.15 of a cent to 22.15 US cents after a transfer of 1,800 units, First Rock Real Estate USD share remained at 4.5 US cents after trading 2,000 stocks, Margaritaville ended at 10 US cents after an exchange of 100 shares. Productive Business Solutions dipped 3 cents and ended at US$1.70 with 100 stock units clearing the market, Proven Investments remained at 15.1 US cents after an exchange of 54,910 shares, Sterling Investments ended at 1.7 US cents with investors transferring 32,650 stocks. Sygnus Credit Investments remained at 8.99 US cents after 4,630 units crossed the exchange, Sygnus Real Estate Finance USD share ended at 10.49 US cents with a transfer of 8,553 stock units and Transjamaican Highway fell 0.01 of a cent in closing at 2.18 US cents as investors exchanged 42,737 shares.
In the preference segment, JMMB Group US8.5% preference share declined 3.9 cents and ended at US$1.16, with 24,699 units crossing the market and Sygnus Credit Investments E 8.5% rallied 40 cents to US$10.80 in an exchange of 481 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.