Rising stocks aplenty on Trinidad Stock Exchange


Stocks mostly gained at the close of the Trinidad and Tobago Stock Exchange on Thursday, after a 33 percent fall in the volume of stocks traded with a 61 percent lower value Wednesday resulting in 14 securities trading, down from a paltry 16 on Wednesday and ending with prices of nine stocks rising, three declining and two ending firm.

The market closed with trading of 258,779 shares valued at $882,403 compared to 384,442 stock units at $2,240,253 on Wednesday. An average of 18,484 shares were traded at $63,029 compared with 24,028 stock units at $140,016 on Wednesday, with trading month to date averaging 26,054 shares at $178,322 compared with 26,364 units at $183,054 on the previous day and an average for October of 39,057 shares at $305,306.
The Composite Index fell 1.68 points to end at 1,052.96, the All T&T Index slipped 3.65 points to close at 1,560.93, the SME Index remained at 88.01 and the Cross-Listed Index advanced 0.06 points to finish at 71.30.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and none with a lower offer.
At close of the penultimate trading day for November, Agostini’s rallied 3 cents and ended at $62.48 with investors swapping 107 stocks, Ansa McAl increased $3.43 to close at a 52 weeks’ high of $67 after an exchange of 14 stock units, Calypso Macro Investment Fund dipped 2 cents to end at $23.65 with investors dealing in 33 shares. First Citizens Group climbed 40 cents in closing at $40.50 after a transfer of 1,838 stock units, JMMB Group popped 1 cent to close at $1.10 as investors exchanged 43,923 shares, Massy Holdings sank 15 cents to finish at $3.69 in trading 151,760 units. National Enterprises gained 7 cents and ended at $2.75 after closing with 24,881 stocks changing hands, NCB Financial ended at $2.30 in an exchange of 30,000 stock units, Republic Financial rose $1 to end at $113.50 with trading of 147 shares. Scotiabank advanced $1.80 in closing at $56.50 with a transfer of 43 stock units, Trinidad & Tobago NGL popped 5 cents to close at $4.70 after an exchange of 350 units, Trinidad Cement remained at $2.31 with 2,250 stock units crossing the market. Unilever Caribbean rallied 10 cents to $11.25 in an exchange of 100 shares and West Indian Tobacco skidded 55 cents to close at a 52 weeks’ low of $5 with 3,333 units clearing the market.

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

Losing stocks weighted down Trinidad Exchange 


Stocks ended with mostly losses on the Trinidad and Tobago Stock Exchange on Tuesday, following a 217 percent rise in the volume of stocks traded, having a 93 percent greater value than on Monday and resulting in the trading of 15 securities down from 18 on Monday and ending with prices of two rising, seven declining and six ending firm.

The market closed with trading of 240,875 shares for $6,520,236 up from 75,943 stocks at $3,380,447 on Monday. An average of 16,058 shares were traded for $434,682 compared with 4,219 stock units at $187,803 on Monday, with trading month to date averaging 26,479 shares at $185,173 compared with 26,984 units at $173,098 on the previous day and an average for October that ended with 39,057 shares at $305,306.
The Composite Index shed 6.65 points to close at 1,043.44, the All T&T Index fell 14.05 points to conclude trading at 1,555.52, the SME Index remained at 88.01 and the Cross-Listed Index gained 0.18 points to wrap up trading at 69.35.
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 of trading, Angostura Holdings remained at $15 after an exchange of 541 shares, Ansa McAl dipped 3 cents to close at $59.80 with investors dealing in 11,027 stocks, Calypso Macro Investment Fund rose 7 cents to $23.67 with 17 stocks crossing the market. First Citizens Group slipped 2 cents to close at $40.39 with investors trading 129,932 stock units, JMMB Group popped 2 cents in closing at $1.09 with 500 shares crossing the market, L.J. Williams B share skidded 8 cents to finish at a 52 weeks’ low of 82 cents in an exchange of 200 stocks. Massy Holdings dipped 9 cents and ended at $3.84 with investors trading 75,322 units, National Flour Mills ended at $1.70 in an exchange of 589 stock units, NCB Financial remained at $2.30 with traders dealing in 5,000 shares. Prestige Holdings slipped 29 cents to end at $11.01 after a transfer of 2,472 units, Republic Financial lost $1 in closing at $114 after 931 stocks changed hands, Scotiabank shed $1.85 to close at $a 52 weeks’ low of 54.50 in trading 1,057 stock units. Trinidad & Tobago NGL ended at $4.65 with 5,558 shares crossing the exchange, Unilever Caribbean ended at $11.15 with a transfer of 7,194 stocks and West Indian Tobacco remained at $5.55 after an exchange of 535 units.

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

Mixed trading on Trinidad &Tobago Stock Exchange 


Stocks ended with mixed results on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded declining 92 percent with the value 35 percent lower than on  Friday, resulting in 18 securities trading compared with 20 on Friday and ending with prices of seven stocks rising, seven declining and four ended firm.

The market closed with trading of a mere 75,943 shares with a value of $3,380,447, compared with 992,658 stocks at $5,202,86 on Friday. At the close, an average of 4,219 shares were traded at $187,803 compared with 49,633 stock units at $260,143 on Friday, with trading month to date averaging 26,984 shares at $173,098 compared with 28,387 units at $172,193 on the prior trading day and an average for October that finished with 39,057 shares at $305,306.
The Composite Index skidded 3.97 points to 1,050.09, the All T&T Index slipped 0.30 points to end at 1,569.57, the SME Index remained at 88.01 and the Cross-Listed Index dipped 1.11 points to settle at 69.17.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of trading, Ansa McAl declined 17 cents to finish at $59.83 in an exchange of 2,595 shares, Ansa Merchant Bank remained at $40 with investors swapping 100 stocks, Calypso Macro Investment Fund lost 7 cents to end at $23.60 after a transfer of 1,000 shares. CIBC Caribbean Bank fell 25 cents in closing at $7.25 with traders dealing in 175 stock units, First Citizens Group popped 1 cent to end at $40.41 after 660 shares passed through the market, GraceKennedy added 1 cent to close at $3.60 after an exchange of 300 units. Massy Holdings dropped 7 cents to $3.93 with 29,385 stocks crossing the market, National Enterprises ended at $2.75 with an exchange of 117 stock units, NCB Financial gained 5 cents and ended at $2.30 with 185 shares changing hands. One Caribbean Media shed 18 cents to close at $2.81 with investors trading 125 stocks, Point Lisas rose 5 cents to end at $3.20 after an exchange of 10 units, Prestige Holdings remained at $11.30 with a transfer of 515 stock units. Republic Financial advanced $3 to $115 in the trading of 25,386 shares, Scotiabank sank 40 cents in closing at $56.35 in switching ownership of 995 stock units, Trinidad & Tobago NGL skidded 5 cents to end at $4.65 with investors trading 12,305 units. Trinidad Cement rallied 1 cent to finish at $2.31 with 50 stocks clearing the market, Unilever Caribbean climbed 15 cents and ended at $11.15 in trading 1,000 units and West Indian Tobacco ended at $5.55 after an exchange of 1,040 stocks.

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

Winners edged losers this week on Trinidad Stock Exchange

The Trinidad and Tobago Stock Exchange gave back some of last week’s gains with the All Trinidad Index closing 0.9 percent lower and the Composite index drifting lower by 1.1 percent, with financial stocks leading the drift downward following a $5 drop in Republic Holdings to a 52 weeks’ low of $112.

The market closed with prices of 11 stocks rising and 9 falling to be slightly more positive than the previous week that closed with 9 rising and 11 declining.
The average PE ratio of the market is.8.27, compared to 5.2 based on the current year’s earnings. The difference between the two graphically illustrates the market’s current undervalued level and by extension the upside potential ahead.
The winning stocks of note for the week are, Endeavour Holdings jumping 95 cents to a 52 weeks’ high of $18, Unilever Caribbean up 50 cents to $11 and Ansa McAl up 20 cents to $60.
Falling stocks had larger price movements than those that gained and pressured the market indices at the close. Republic Holdings ended with a fall of $5 to $112, Ansa Merchant Bank lost $1 in closing at $40, Angostura Holdings fell 80 cents to $15, CIBC Caribbean Bank fell 50 cents to close at $7.50, West Indian Tobacco lost 43 cents to close at a 52 weeks’ low of $5.55, Scotiabank declined by 35 cents to $56.75, Trinidad Cement dropped 31 cents to end at $2.30 and Prestige Holdings fell 20 cents to close at $11.30.
Stocks that could gain more than 100 percent when the market comes back to life, include CIBC Caribbean Bank with a possible gain of 230 percent, the hugely undervalued Guardian Holdings, a stock, with a 480 percent potential, Republic Holdings at 120 percent, Massy Holdings at 100 percent, Trinidad Cement with 350 percent, Eric Solis trading at a new high closes the week with a 400 percent and One Caribbean Media with 300 percent.
Investors should not forget Prestige Holdings with the potential to gain 80 percent.

Steep fall for Trinidad Exchange


Stocks ended trading on Thursday with losses on the Trinidad and Tobago Stock Exchange, after a 186 percent jump in the volume of stocks traded and the value surging 372 percent more than on Wednesday, resulting in activity in 19 securities up from 18 on Wednesday and ending with prices of two stocks rising, seven declining and 10 ended firm.

The market closed with trading of 491,432 shares for $4,726,461 up from 171,593 stocks at $1,001,912 on Wednesday. Trading ended with an average of 25,865 shares at $248,761 compared to 9,533 stock units at $55,662 on Wednesday, with trading month to date ending with an average of 26,726 shares at $165,133 compared to 26,791 units at $158,877 on the previous day and an average for  for October of 39,057 shares at $305,306
The Composite Index shed 12.95 points to close trading at 1,056.71, the All T&T Index fell 5.88 points to 1,573.46, the SME Index remained at 88.01 and the Cross-Listed Index lost 2.87 points to conclude trading at 70.51.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Angostura Holdings remained at $16 after closing with an exchange of 36 stocks, Ansa McAl ended at $60 with 1,008 units clearing the market, Calypso Macro Investment Fund dropped 7 cents to end at $23.60 with investors swapping 1,560 shares. CIBC Caribbean Bank sank 35 cents to finish at $7.65 with an exchange of 5,650 stock units, First Citizens Group slipped 1 cent and ended at $40.40 with 49,319 shares changing hands, GraceKennedy remained at $3.64 with a transfer of 85,098 units. JMMB Group declined 2 cents to $1.04 after an exchange of 9 stocks, Massy Holdings ended at $3.95 after the trading of 95,227 stock units, National Enterprises lost 5 cents and ended at $2.65 after a transfer of 12,131 shares. National Flour Mills remained at $1.70 in switching ownership of 12,480 stock units, NCB Financial ended at $2.25 with investors dealing in 199,800 stocks, One Caribbean Media increased 2 cents to close at $2.88 in an exchange of 2,150 units. Point Lisas popped 5 cents to $3.15 with investors trading 100 stocks, Prestige Holdings ended at $11.30 with just 8 units crossing the market, Republic Financial dipped $3 and ended at a 52 weeks’ low of $114 with investors trading 2,577 shares following the record date for dividend payment taking effect on Wednesday,. Scotiabank ended at $56.75 with 18,405 stock units crossing the exchange, Trinidad & Tobago NGL ended at $4.70 with traders dealing in 630 shares, Trinidad Cement sank 20 cents to finish at 52 weeks’ low of $2.30 after 588 stocks passed through the market and Unilever Caribbean remained at $11 as investors exchanged 4,656 units.

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

Losing stocks edged out winners in Trinidad


Winning stocks were just edged out at the close of the Trinidad and Tobago Stock Exchange on Tuesday, with the volume of stocks traded declining 16 percent and valued modestly lower than on Monday resulting in 18 securities trading as was the case on Monday and ended with prices of seven stocks rising, eight declining and three ended firm.

The market closed with trading of 298,974 shares carrying a value of $2,540,905 compared with 353,916 stocks at $2,590,819 on Monday.
An average of 16,610 shares were traded at $141,161 compared with 19,662 stock units at $143,934 on Monday, with trading month to date ending with an average of 28,107 shares at $166,742 compared with 29,056 units at $168,855 on the prior day at an average for October of 39,057 shares at $305,306.
The Composite Index climbed 8.88
points to close trading at 1,057.49, the All T&T Index skidded 0.79 points to end the day at 1,574.15, the SME Index remained unchanged at 88.01 and the Cross-Listed Index rose 2.69 points to conclude trading at 70.63.
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 of trading, Agostini’s fell $1.44 in closing at $61 after 450 shares passed through the market, Ansa McAl remained at $60 with investors dealing in 10,202 stocks, Calypso Macro Investment Fund ended at $23.67 with one stock being traded. CIBC Caribbean Bank rose 93 cents to finish at $8 with investors trading 810 stocks, First Citizens Group dipped 2 cents and ended at $40.42 after an exchange of 1,792 shares, GraceKennedy sank 3 cents to close at $3.65 in trading 2,827 stocks. Guardian Holdings advanced 80 cents to close at $14.40 with 28,785 units changing hands, JMMB Group remained at $1.02 with investors swapping 102,207 stock units, Massy Holdings popped 5 cents and ended at $3.90 after a transfer of 110,670 shares. National Enterprises dropped 4 cents to close at $2.66 as investors exchanged 700 units, One Caribbean Media gained 2 cents to end at $2.82, with 20 stocks changing hands, Prestige Holdings sank 20 cents in closing at $11.30 in an exchange of 3,680 stock units. Republic Financial rallied 50 cents to $115.50 with 4,963 shares crossing the market, Scotiabank shed 25 cents to finish at $56.75 after an exchange of 2,282 stocks, Trinidad & Tobago NGL declined 5 cents and ended at a 52 weeks’ low of $4.65 with a transfer of 23,506 units. Trinidad Cement increased 5 cents to end at $2.50 as 4,000 stock units passed through the market, Unilever Caribbean climbed 50 cents in closing at $11 with an exchange of 1,079 shares and West Indian Tobacco lost 48 cents to close at a 52 weeks’ low of $5.50 in trading 1,000 units.

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

Mixed trading on Trinidad Exchange


Stocks traded mixed on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded rising 15 percent valued 56 percent lower than on Friday resulting from activities in 18 securities down from 20 on Friday and ending with prices of five rising, six declining and seven ending firm after one stock closed at a 52 weeks’ high and two at 52 weeks’ lows.

The market closed with the trading of 353,916 shares for $2,590,819 compared to 308,604 stock units at $5,920,509 on Friday. An average of 19,662 shares were traded at $143,934 versus 15,430 units at $296,025 on Friday, with trading month to date averaging 29,056 shares at $168,855 compared with 29,902 units at $171,099 on the previous day and an average for October of 39,057 shares at $305,306
The Composite Index skidded 17.42 points to end trading at 1,048.61, the All T&T Index dropped 9.54 points to finish at 1,574.94, the SME Index remained at 88.01 and the Cross-Listed Index shed 3.62 points to settle at 67.94.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Ansa McAl increased 20 cents to end at a 52 weeks’ high of $60 with 378 shares crossing the market, Calypso Macro Investment Fund remained at $23.67 after an exchange of 2 stocks, CIBC Caribbean Bank slipped 93 cents in closing at $7.07 with a transfer of 253 shares. First Citizens Group popped 3 cents to finish at $40.44 with 6,868 stock units clearing the market, GraceKennedy advanced 3 cents and ended at $3.68 in switching ownership of 20,000 shares, Guardian Holdings ended at $13.60 with traders dealing in 90,446 stock units. JMMB Group remained at $1.02 after an exchange of 31,855 stocks, L.J. Williams B share ended at 90 cents with investors swapping 7,066 units, Massy Holdings lost 5 cents to finish at $3.85 with 28,290 stocks crossing the exchange. National Enterprises ended at $2.70 with the trading of 14,783 units, National Flour Mills rose 5 cents in closing at $1.70 as investors exchanged 11,724 shares, NCB Financial rallied 10 cents to end at $2.25 in the trading of 30,200 stock units. Point Lisas slipped 1 cent in closing at $3.10 after 1,000 shares passed through the market, Prestige Holdings remained at $11.50 and closed with 8 units changing hands, Republic Financial sank $2 and ended at a 52 weeks’ low of $115 after a transfer of 404 stocks. Scotiabank shed 10 cents to end at $57 with investors trading 2,690 stock units, Trinidad & Tobago NGL remained at $4.70 in an exchange of 107,394 shares and Trinidad Cement fell 16 cents to finish at a 52 weeks’ low of $2.45 with investors trading 555 stock units.

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

Solid weekly gains for Trinidad stocks


The Trinidad and Tobago Stock Exchange gained at the end of the week with the All Trinidad Index closing up 1.6 percent this past week and the Composite index rising 2.6 percent, with bank stocks leading the way followed by some other sector stocks.

The price of former FCIB now rebranded CIBC Caribbean hit a 52 weeks’ high on Friday.

The market closed with prices of 10 stocks falling and 9 rising, with some investors pouncing on some of the severely undervalued stocks.
The average PE ratio of the market is.8.3 the same as at the close of last week compared to 5.25 based on the current year’s earnings. The difference between the two graphically illustrates the level of undervalued of the market currently and by extension the upside potential ahead.
The winning stocks of note for the week are Republic Holdings with a rise of $2 to $117, CIBC Caribbean Bank gaining 94 cents to close at a 52 weeks’ high of $8, Prestige Holdings that climbed 49 cents to close at a 52 weeks’ high of $11.50, and Ansa McAl up 30 cents to $50.80.
First Citizens Bank gave back the 59 cents gained last week and ended at to $40.41, Unilever Caribbean fell 50 cents to end at $10.50, Scotiabank declined by 45 cents to $57.10 and Calypso Micro Index Fund gave up 33 cents in closing at $23.67.
Stocks that could gain more than 100 percent when the market comes back to life, include, CIBC Caribbean Bank with a possible gain now down to 200 percent, following the gains this past week, but the high level of potential supply may stifle this stock from achieving full potential, Guardian Holdings, a hugely undervalued stock, with a 500 percent potential, Republic Holdings at 115 percent, Massy Holdings at 100 percent, Trinidad Cement with 300 percent, Eric Solis 400 percent and One Caribbean Media with 300 percent.
Investors should also take note of Prestige Holdings with the potential to gain over 70 percent.

Big jump in trading on Trinidad Exchange


Stocks mostly gained on the Trinidad and Tobago Stock Exchange on Thursday, following a 497 percent surge in the volume of stocks traded costing 129 percent more than on Wednesday and resulting the trading of 14 securities down from 19 on Wednesday and ending with prices of five rising, two declining and seven ending firm.

The market closed with trading of 653,098 shares valued $3,828,080 compared to 109,466 stock units at $1,672,686 on Wednesday.
An average of 46,650 shares were traded at $273,434 compared with 5,761 stock units at $88,036 on Wednesday, with trading month to date averaging 31,510 shares at $157,220 compared to 30,233 units at $147,418 on the previous day and an average for October of 39,057 shares at $305,306.
The Composite Index rose 2.45 points to 1,043.75, the All T&T Index increased 5.95 points to close at 1,571.47, the SME Index remained at 88.01 and the Cross-Listed Index declined 0.18 points to 67.05.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Angostura Holdings ended at $15.50 with a transfer of just one stock unit, Ansa McAl remained at $59.71 with 200 units crossing the market, Calypso Macro Investment Fund increased 40 cents to end at $24 with investors trading 24 shares. CIBC Caribbean Bank remained at $7.06 with 3,066 stock units changing hands, First Citizens Group popped 2 cents to finish at $40.43 with investors dealing in 1,246 shares, GraceKennedy skidded 10 cents to close at $3.59 after trading 70,841 stocks. Guardian Holdings ended at $13.60 with 1,332 units clearing the market,  JMMB Group lost 3 cents in finishing at $1.04 with investors trading 341,000 stocks, Massy Holdings gained 9 cents and ended at $3.89 in an exchange of only 329 shares. National Enterprises rose 4 cents in closing at $2.69 with 10,991 stock units being traded, NCB Financial ended at $2.15 after a transfer of 200,246 stock units, Prestige Holdings remained at $11.50 with 99 stocks passing through the exchange. Republic Financial ended at $113 with traders dealing in 22,988 units and Scotiabank climbed 2 cents to end at $57.04 after an exchange of 735 shares.

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

Falling Trinidadian stocks edges out risers


Stocks mostly declined on the Trinidad and Tobago Stock Exchange on Tuesday, with trading of 24 securities up from 15 on Monday and ended with prices of six stocks rising, nine declining and nine ended firm, including 2 stocks closing at 52 weeks’ high and two at 52 weeks’ lows after the volume of stocks traded declined moderately and the value fell 15 percent from that of Monday.

The market closed with an exchange of 324,518 shares at $2,825,843 compared to 330,482 stock units at $3,340,673 on Monday.
An average of 13,522 shares were traded at $117,743 compared with 22,032 units at $222,712 on Monday, with trading month to date averaging 33,396 shares at $155,095 compared with 37,274 units at $162,380 on the previous day and an average for October of 39,057 shares at $305,306
The Composite Index fell 0.99 points to close at 1,039.52, the All T&T Index shed 3.22 points to settle at 1,562.08, the SME Index remained unchanged at 88.01 and the Cross-Listed Index popped 0.19 points to close at 67.23.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s skidded 5 cents to $62.45 with investors swapping 4,819 stocks, Angostura Holdings remained at $16 in an exchange of 81 shares, Ansa McAl gained $1 to finish at a 52 weeks’ high of $60 with just one stock unit crossing the market, Ansa Merchant Bank slipped 25 cents in closing at $41 in trading a mere 2 shares. Calypso Macro Investment Fund lost 40 cents to end at $23.60 after 500 units changed hands. CIBC Caribbean Bank ended at $7.06 with a transfer of 150 shares, First Citizens Group ended at $40.41 with an exchange of 3,880 stocks, GraceKennedy remained at $3.70 with 25 stock units crossing the market, Guardian Holdings popped 10 cents and ended at $13.60 in switching ownership of 1,000 shares. Guardian Media climbed 14 cents to end at $1.49 after trading of 50 stocks, JMMB Group rose 1 cent in closing at $1.03 with 100,810 units clearing the market, Massy Holdings sank 13 cents to close at $3.67 with investors dealing in 129,075 stock units. National Enterprises remained at $2.70 with 1,115 shares changing hands, National Flour Mills shed 5 cents in closing at $1.65 after an exchange of 3,876 units, NCB Financial ended at $2.15 after 50,000 stocks passed through the market. One Caribbean Media lost 25 cents and ended at $2.75 after a transfer of 692 stock units, Point Lisas declined 9 cents to close at $3.11 with 1,776 shares crossing the exchange, Prestige Holdings rallied 49 cents to finish at a 52 weeks’ high of $11.50 with traders dealing in 4,903 stock units. Republic Financial fell $1.50 and ended at a 52 weeks’ low of $113.50 after an exchange of 11,789 units, Scotiabank dropped 8 cents to $57.02 with investors trading 3,031 stocks, Trinidad & Tobago NGL increased 10 cents in closing at $4.60 in an exchange of 300 units. Trinidad Cement remained at $2.61 with investors trading 28 stocks, Unilever Caribbean ended at $11 as investors exchanged 6,500 shares and West Indian Tobacco remained at $6 with 115 stock units crossing the market.

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