Falling stocks pressure T&T Stock Exchange


Declining stocks doubled up those rising on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded declining by 26 percent with a 27 percent lower value than on Friday, resulting in the trading of 20 securities compared with 22 on Friday and ending with prices of five rising, 10 declining and five ending firm.

The market closed with trading of 128,746 shares worth $1,535,966 compared to 174,931 stock units at $2,112,267 on Friday.
An average of 6,437 shares were traded at $76,798 compared with 7,951 units at $96,012 on Friday, with trading for the month to date averaging 14,799 shares with a value of $115,854 compared with 16,011 units at $121,513 on the previous day and an average for April of 16,843 shares at $114,481. The Composite Index shed 0.23 points to close trading at 1,035.69, the All T&T Index dipped 2.86 points to wrap up trading at 1,508.24, the SME Index remained unchanged at 91.85 and the Cross-Listed Index gained 0.36 points to conclude trading at 74.19.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
At the close of the market, Angostura Holdings remained at $14.70 after an exchange of 150 shares, Ansa McAl shed $1.99 and ended at $46.01 after an exchange of 107 stock units, CIBC Caribbean Bank ended at $8.10 with 14,268 shares clearing the market. Endeavour Holdings ended at $18 with investors trading 30 units, First Citizens Group climbed 50 cents in closing at $43.50 with 1,689 stocks crossing the exchange, GraceKennedy sank 13 cents to end at $3.87 with investors trading 500 units. Guardian Holdings dipped 5 cents in closing at $16.70 with an exchange of 20,130 stocks, Guardian Media remained at 97 cents with 3,397 shares crossing the market. JMMB Group rose 7 cents and ended at $1.22 as investors exchanged just one stock unit. Massy Holdings lost 6 cents to end at $3.94 in switching ownership of 4,344 shares, National Enterprises slipped 2 cents to close at $2.43 after 29,062 units passed through the market, One Caribbean Media gained 8 cents to finish at $2.70 in an exchange of 18 stocks. Point Lisas fell 23 cents to $4.02 in trading 2,340 stock units, Prestige Holdings ended at $10.65 after an exchange of 60 shares, Republic Financial dropped 80 cents to finish at $111.20 with traders dealing in 3,678 stocks. Scotiabank skidded 50 cents and ended at a 52 weeks’ low of $49.50 after a transfer of 5,776 units, Trinidad & Tobago NGL popped 4 cents in closing at $3.36 in trading 28,861 stocks, Trinidad Cement declined 5 cents to end at $2.10 after an exchange of 5,100 shares. Unilever Caribbean rallied 5 cents to $12.20 with a transfer of 7,073 stock units and West Indian Tobacco slipped 5 cents to finish at $5.16 with 2,162 units changing hands. Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Ansa McAl fell $2 and Scotiabank $2.79

Ansa McAl dropped $2 to $48, following the decision of the directors to suspend dividend payments for three years. Scotiabank dropped a hefty $2.79 to $50, but First Citizens Bank gained $1 to close at $43 and Republic Holdings rose $1.39 to $112.

During the week, the Composite Index fell 0.84 percent after closing 0.40 percent lower the previous week. The ALL T&T Total Index fell 1.18 percent after declining 0.61 percent in the prior week, resulting in 9 stocks rising and 10 declining, similar to the previous week.
At the close of the market for the week, the average PE ratio of stocks was higher at 17.22, based on 2024 earnings and 12.55, based on estimates of 2025 earnings, suggesting a 29 percent potential gain for stocks in 2025.

Stocks with the potential to gain 100 percent or more when the market comes back to life, include CIBC Caribbean Bank which could rise by 200 percent, the severely undervalued Guardian Holdings, with a 380 percent potential gain, Republic Holdings at 140 percent, First Citizens Bank 85 percent, Trinidad Cement with 380 percent, Eric Solis with a 180 percent potential gain and One Caribbean Media with 340 percent.
Investors should watch Massy Holdings with a 50 percent potential gain, Prestige Holdings, which could gain 100 percent, Trinidad and Tobago NGL, 380 percent and Scotiabank with the potential of a 60 percent gain.

Trading drops on T&T Stock Exchange 


Stocks ended with mostly losses on the Trinidad and Tobago Stock Exchange on Friday, following trading in 22 securities compared to 21 on Thursday and ending with prices of three stocks rising, seven declining and 12 ending firm, with the volume of stocks traded declining 30 percent valued 40 percent more than on Thursday resulting in a fall in the volume of stocks traded with the value climbing over that on Thursday.

The market closed with trading of 174,931 shares worth $2,112,267 compared with 248,215 stock units at $1,511,364 on Thursday.
An average of 7,951 shares were traded for $96,012 compared with 11,820 units valued at $71,970 on Thursday, with trading for the month to date averaging 16,011 shares at $121,513 compared to 17,539 units at $126,349 on the previous day, within the range of the average for April of 16,843 shares at $114,481.
The Composite Index popped 0.44 points to settle at 1,035.92, the All T&T Index declined 1.52 points to 1,511.10, the SME Index remained unchanged at 91.85 and the Cross-Listed Index gained 0.36 points to end at 73.83.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini’s ended at $67.25 in an exchange of just 3 shares, Angostura Holdings dropped 10 cents to $14.70 with 709 stock units changing hands, Calypso Macro  Fund remained at $24.75, after closing with an exchange of 27 stocks. CIBC Caribbean Bank ended at $8.10 after trading of 28 shares, First Citizens Group rallied 54 cents to $43 with investors trading  2,106 stocks, GraceKennedy remained at $4 with 15 shares crossing the exchange. Guardian Holdings ended at $16.75 with investors swapping 583 units, Guardian Media slipped 3 cents to close at 97 cents after 152 stocks passed through the market, JMMB Group remained at $1.15 in trading 36,091 stock units. Massy Holdings rose 10 cents in closing at $4 with 62,260 shares clearing the market, National Enterprises skidded 5 cents to finish at $2.45 as investors exchanged 9,238 stock units, National Flour Mills advanced 2 cents to end at $1.60 after trading of 385 stocks. NCB Financial remained at $2.39 with an exchange of 6 units, One Caribbean Media fell 37 cents to a 52 weeks’ low of $2.62 with 87 stocks crossing the market, Point Lisas dipped 15 cents and ended at $4.25 in switching ownership of 2,208 shares. Prestige Holdings ended at $10.65 with 179 stocks being traded, Republic Financial sank 20 cents to close at $112 after an exchange of 9,152 units, Scotiabank ended at $50 with investors dealing in 3,104 stocks. Trinidad & Tobago NGL finished trading at $3.32 after a transfer of 6,625 shares, Trinidad Cement remained at $2.15 with 101 stock units passing through the market, Unilever Caribbean declined 53 cents to close at $12.15 in an exchange of 39,089 units and West Indian Tobacco ended at $5.21 with investors trading 2,783 stocks.

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

Gains for Trinidad & Tobago Stock Exchange


Stocks ended with mostly gains on Thursday at the close of the Trinidad and Tobago Stock Exchange, resulting from trading of 21 securities compared with 20 on Wednesday and ending with prices of six rising, two declining and 13 ending firm, following a 120 percent jump in the volume of stocks traded, valued 47 percent more than on Wednesday

The market closed with trading of 248,215 shares for $1,511,364 up from 112,940 stocks at $1,030,970 on Wednesday.
An average of 11,820 shares were traded at $71,970, well above the 5,647 stock units for $51,548 on Wednesday, with trading month to date averaging 17,539 shares at $126,349 compared to 18,804 units at $138,367 on the previous day and an average for April of 16,843 shares at $114,481.
The Composite Index increased 2.49 points to settle at 1,035.48, the All T&T Index rallied 1.94 points to wrap up trading at 1,512.62, the SME Index remained unchanged at 91.85 and the Cross-Listed Index popped 0.43 points to close at 73.47.
Investor’s Choice bid-offer indicator shows none ended with a bid higher than the last selling price and five with lower offers.
At the close, Agostini’s remained at $67.25 with traders dealing in 36 shares, Angostura Holdings ended at $14.80 after an exchange of 500 stocks, Ansa McAl ended at $48 after 50 shares passed through the market. Ansa Merchant Bank remained at $39.50 in an exchange of just one stock unit, Calypso Macro Investment Fund sank 15 cents to end at $24.75 with 10 units crossing the market, CIBC Caribbean Bank rose 9 cents to close at $8.10 with an exchange of 315 shares. First Citizens Group popped 28 cents to end at 42.46, with 1,254 stocks changing hands, GraceKennedy rose 25 cents to finish at $4 with a transfer of 25 stocks, Guardian Holdings ended at $16.75 with investors swapping 854 units. Guardian Media remained at $1 after an exchange of 25 shares, JMMB Group ended at $1.15 with investors dealing in 83,000 stock units, Massy Holdings skidded 10 cents to close at $3.90 in switching ownership of 75,353 units. National Enterprises popped 5 cents to $2.50 with investors trading 200 stocks, NCB Financial remained at $2.39 after a transfer of just one share, Prestige Holdings remained at $10.65 with 991 stocks crossing the market. Republic Financial rallied $1.55 to end at $112.20 in an exchange of 5,959 units, Scotiabank ended at $50 after the trading of 1,977 stock units, Trinidad & Tobago NGL ended at $3.32 with 65,977 shares clearing the market. Trinidad Cement increased 15 cents and ended at $2.15 in trading 5,536 stock units, Unilever Caribbean remained at $12.68 after 101 units crossed the exchange and West Indian Tobacco ended at $5.21 with investors trading 6,050 stocks.

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

Calypso pops $1.50, Ansa McAl falls 90 cents


The Trinidad and Tobago stock market seemed to have welcomed the change in government in that country on Tuesday with winners out pacing losers by a wide margin but that did not carry over for the rest of the week, with the market closing lower, with the Composite Index closing 0.40 percent lower and the ALL T&T Totals Index down 0.61 percent, resulting in 9 stocks rising and 10 declining.

Prestige Holdings brand – TGIF

At the close of the market for the week, the average PE ratio of stocks was higher at 17.22, based on 2024 earnings and 12.61, based on estimates of 2025 earnings, suggesting a 29 percent potential gain for stocks in 2025.
The past week Calypso Macro Investment Fund jumped $1.50 to close at $1.50, Prestige Holdings rose 39 cents to $10.89 and West Indian Tobacco rallied 29 cents to $5.30.
Ansa McAl dropped 90 cents to $50, Agostini declined by 75 cents to $67.25 and Unilever Caribbean fell 53 cents to end at $12.25.
Stocks with the potential to gain 100 percent or more when the market comes back to life, include CIBC Caribbean Bank which could rise by 200 percent, the severely undervalued Guardian Holdings, with a 380 percent potential gain, Republic Holdings at 140 percent, First Citizens Bank 90 percent, Trinidad Cement with 400 percent, Eric Solis with a 200 percent potential gain and One Caribbean Media with 330 percent.
Investors should watch Massy Holdings with a 50 percent potential gain, Prestige Holdings, which could gain 100 percent and Trinidad and Tobago NGL 390 percent.

Winners beat losers on Trinidad Exchange


Trading climbed on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded rising just 2 percent and the value jumping by 36 percent over trading on Wednesday, resulting in 17 securities being traded, down from 21 on Wednesday with the prices ending with an about turn from, with advancing stocks in the ascendency unlike Wednesday, when declining stocks outnumbered those rising with trading ended after prices of eight stocks rose, four declined and five ended firm.

The market closed with trading of 224,736 shares for $1,530,432, up from 219,490 stock units at $1,128,137 on Wednesday.
An average of 13,220 shares were traded at $90,025, up from 10,452 units at $53,721 on Wednesday, with trading ending with an average for April of 16,843 shares at $114,481.
The Composite Index declined 5.24 points to close at 1,043.78, the All T&T Index dipped 5.52 points to settle at 1,532.52, the SME Index remained unchanged at 86.66 and the Cross-Listed Index slipped 0.69 points to finish at 72.88.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Ansa McAl remained at $50 with investors trading 11 shares, CIBC Caribbean popped 2 cents to $8.13 in switching owners of 5,000 stock units, First Citizens Group rallied 6 cents to end at $42 with traders dealing in 1,635 shares. GraceKennedy ended at $3.87 in an exchange of 4,076 stock units, Guardian Holdings rose 20 cents to finish at $16.70 with investors trading 11,667 units, JMMB Group ended at $1.10 after a transfer of just one stock. Massy Holdings remained at $4 with 124,227 shares clearing the market, National Enterprises advanced 7 cents in closing at $2.50 as investors exchanged 16,725 stock units, National Flour Mills ended at $1.60 after 10,050 units passed through the market. NCB Financial climbed 19 cents and ended at $2.39 with an exchange of only one stock, Prestige Holdings increased 3 cents to end at $10.63 with 876 units crossing the market, Republic Financial sank 38 cents to close at $110.60 with investors dealing in 2,790 shares. Scotiabank gained 44 cents to end at $53 after an exchange of 1,309 stock units, Trinidad & Tobago NGL popped 10 cents to end at $3.30 with investors trading 3,110 shares, Trinidad Cement skidded 15 cents in closing at a 52 weeks’ low of $2 after an exchange of 22,422 stock units. Unilever Caribbean sank 55 cents and ended at $12.15 in trading 17,919 units and West Indian Tobacco fell 2 cents to finish at $5.42 with 2,917 stocks crossing the exchange.

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

Post-election gains slip in Trinidad


Stocks failed to hang onto the post-election bounce on Tuesday and ended on Wednesday with mostly losses on the Trinidad and Tobago Stock Exchange, resulting in 21 securities trading compared with 19 on Tuesday and ending with prices of four stocks rising, seven declining and 10 ended firm, with the volume of stocks traded rising 33 percent with a 33 percent lower value than on Tuesday.

The market closed with trading of 219,490 shares worth $1,128,137 compared to 164,429 stock units at $1,673,089 on Tuesday.
An average of 10,452 shares were traded at $53,721 compared with 8,654 units at $88,057 on Tuesday, with trading for the month to date ending with an average of 16,843 shares at $114,481 that is well aligned with the 17,269 units at $118,531 on the previous day and an average for March of 16,679 shares at $130,461.
The Composite Index dipped 0.04 points to finish at 1,049.02, the All T&T Index fell 0.85 points to end at 1,538.04, the SME Index remained at 86.66 and the Cross-Listed Index rose 0.11 points to 73.57.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than the last selling price and two with lower offers.
At the close, Angostura Holdings ended at $14.80 and closed with an exchange of 580 shares, Ansa Merchant Bank remained at $39.50 with investors swapping 2 stock units, CIBC Caribbean Bank popped 1 cent and ended at $8.11 with 473 shares clearing the market. Endeavour Holdings remained at $18 with investors trading 5 stocks, First Citizens Group climbed 4 cents to close at $41.94 with 969 units crossing the market, GraceKennedy ended at $3.87 with a transfer of 198 shares. Guardian Media rose 4 cents to $1 after an exchange of 35 stock units, JMMB Group ended at $1.10 with 49 stocks passing through the market, Massy Holdings declined 3 cents and ended at $4 after a transfer of 168,548 units. National Enterprises sank 7 cents to end at a 52 weeks’ low of $2.43 with investors trading 19,599 shares, National Flour Mills remained at $1.60 after an exchange of 5,215 stock units, NCB Financial lost 19 cents to close at a 52 weeks’ low of $2.20 after the trading of 291 stocks. One Caribbean Media remained at $2.69 in an exchange of 5 units, Point Lisas advanced 20 cents and ended at $4.45 with 2,105 stocks changing hands, Prestige Holdings sank 3 cents to finish at $10.60 as investors exchanged 1,427 shares. Republic Financial skidded 1 cent to close at $110.98 in trading 1,915 stock units, Scotiabank fell 44 cents to end at a 52 weeks’ low of $52.56 after an exchange of 558 units, Trinidad & Tobago NGL ended at $3.20 with investors dealing in 6,402 shares. Trinidad Cement finished trading at $2.15 with 1,475 stocks switching owners, Unilever Caribbean dipped 2 cents to end at $12.70 with 98 units crossing the exchange and West Indian Tobacco remained at $5.44 with traders dealing in 9,541 stock units.

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

Scotia up 90c, Calypso shed $1.55 for week


The Trinidad and Tobago stock market ended another shortened week on a winning note, with the number of stocks rising, remaining the same as the previous week, with one less declining, resulting in a marginal upward movement in the market indices,  7 following prices of stocks rising and 8 declining. The TTSE Composite index closed 0.65 percent higher and the All T&T Total index gained 0.76 percent.

At the market’s weekly close, the average PE ratio of stocks was higher at 17.22, based on 2024 earnings and 12.37, based on estimates of 2025 earnings, following the recent updating of earnings for 2025, suggesting an average potential increase of 29 percent for 2025.
The past week, Scotiabank popped 90 cents to close at $53, Guardian Holdings gained 25 cents to end at $16.75, Angostura Holdings rose 75 cents to close at $14.80, Unilever Caribbean rallied 78 cents to end at $12.78 and Point Lisas climbed 23 cents to $4.25.

Calypso Macro Investment Fund dropped $1.55 to end at $23.45, Ansa Merchant Bank fell 50 cents to close at $39.50, Ansa McAl dipped 65 cents to $50.90, Prestige Holdings declined by 49 cents to $10.50 and West Indian Tobacco shed 42 cents to close at $5.01.

Stocks with the potential to gain more than 100 percent when the market comes back to life, include CIBC Caribbean Bank, which could rise by 200 percent, but may face supply pressure with so many shares outstanding. The severely undervalued Guardian Holdings, with a 378 percent potential gain. It is worth noting that the supply of stocks in the Jamaican market has abated considerably and may be heralding a turnaround in the fortune of the stock price. Republic Holdings at 140 percent, First Citizens Bank at 90 percent, Trinidad Cement with 380 percent, Eric Solis with a 200 percent potential gain and One Caribbean Media with 330 percent.

Investors should watch Massy Holdings with a 50 percent potential gain, Prestige Holdings, which could gain 100 percent and Trinidad and Tobago NGL 380 percent.

Trading rises on Trinidad Exchange


Trading picked up on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded rising 322 percent, with the value 25 percent more than on Wednesday, resulting from activities in 21 securities up from just nine on Wednesday and ending with prices of nine stocks rising, seven declining and five ending firm as the market closed with gains in the market indices.

The market closed on Thursday, with 130,458 shares trading for $822,616, up from 30,940 stocks at $656,618 on Wednesday.
Trading concluded with an average of 6,212 shares for $39,172, compared with 3,438 stock units at $72,958 on Wednesday, with trading month to date averaging 19,501 shares at $131,251, down from 20,659 units at $139,277 on Wednesday compared with an average for March of 16,679 shares at $130,461.
The Composite Index gained 5.37 points to close at 1,048.42, the All T&T Index popped 6.74 points to conclude trading at 1,537.65, the SME Index remained unchanged at 86.66 and the Cross-Listed Index rose 0.54 points to end at 73.46.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and four with lower offers.
At the close of the market, Agostini’s dipped 10 cents in closing at $68 after a transfer of 322 shares, Angostura Holdings advanced 30 cents to $14.80 after 100 stock units passed through the market, Ansa McAl sank $1.55 to finish at $50 in trading 175 shares. Ansa Merchant Bank ended at $39.50 with 50 units crossing the market, Calypso Macro Investment Fund dipped 5 cents to close at $24.95 with investors trading 50 stocks, First Citizens Group rose 5 cents to $41.85 in trading 982 units. GraceKennedy lost 27 cents in closing at $3.60 with investors trading 3,644 stocks, Guardian Holdings rallied 50 cents to close at $17 in swapping 126 shares, JMMB Group ended at $1.10, with an exchange of 4 stocks. Massy Holdings slipped 4 cents to end at $3.96 with a transfer of 110,743 shares, National Enterprises sank 5 cents to finish at a 52 weeks’ low of $2.45 after an exchange of 262 units, National Flour Mills popped 5 cents to close at $1.60 with 100 stocks clearing the market. NCB Financial remained at $2.30 in an exchange of 4,189 stock units, Point Lisas climbed 25 cents and ended at a 52 weeks’ high of $4.45 with 1,150 shares crossing the market, Prestige Holdings ended at $10.98 with investors swapping 405 units. Republic Financial increased 6 cents to end at $111 with 823 units changing hands, Scotiabank gained 35 cents to finish at $52.91 with traders dealing in 2,944 stocks, Trinidad & Tobago NGL shed 2 cents to close at a 52 weeks’ low of $3.30 after an exchange of 500 units. Trinidad Cement remained at $2.15 with investors dealing in 250 stocks, Unilever Caribbean popped 77 cents and ended at $12.77 with 110 shares passing through the exchange and West Indian Tobacco rose 1 cent to finish at $5.01 in trading 3,529 stock units.

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

A week of consolidation for Trinidad stocks


Trading on the holiday-shortened week on the Trinidad and Tobago Stock Exchange ended with a marginal movement in the market indices, with the market closing with only 7 stocks rising and 14 declining.
At the close of the market for the week, the average PE ratio of stocks was higher at 16.29, based on 2024 earnings and 12.9, based on estimates of 2025 earnings, following the updating of forecasted earnings for 2025, suggesting a 29 percent potential gain for stocks in 2025.

Republic Financial suffered a fall of $1.25 for the week.

The past week had gains in Endeavour Holdings of $1.85 to $18, First Citizens Bank rose 30 cents to $41.80, and Point Lisas climbed 52 cents to $4.02. Republic Holdings fell $1.25 to a 52 weeks’ low of $110.75, Guardian Holdings declined 49 cents to $16.50, Ansa McAl ended up dropping 45 cents to $51.55, Angostura Holdings lost 45 cents to end at $14.05, Trinidad and Tobago NGL declined by 68 cents to close at a 52 weeks’ low of $3.32 and Unilever Caribbean ended with a decline of 55 cents to $12. Stocks with the potential to gain more than 100 percent when the market comes back to life, include CIBC Caribbean Bank which could rise by 200 percent, the severely undervalued Guardian Holdings, with a 385 percent potential gain, Republic Holdings at 140 percent, First Citizens Bank 90 percent, Massy Holdings 50 percent, Trinidad Cement with 380 percent, Eric Solis with a 200 percent potential gain and One Caribbean Media with 330 percent. Investors should watch Prestige Holdings, which could gain 90 percent and Trinidad and Tobago NGL 380 percent.