Six stocks ended the past week with sizable price changes on the Trinidad and Tobago Stock Exchange in a week when prices of 12 stocks gained 9 declined, a turnaround from the prior week with 9 losing stocks and 6 winners. The week ended with losses in the All Trinidad and Tobago Index falling 1.6 percent, the Combined Index slipping by 0.7 percent, and the SME index surging 10 percent.
The average PE ratio of the market closed at 8.09, up from 7.74 based on 2023 earnings and 5.72 based on estimates of 2024 earnings. The difference illustrates the market’s current undervalued level and the potential gains ahead.
In the financial sector, Ansa Merchant Bank popped $1 to close at $41, Republic Holdings gained $1.04 to end the week at $113.09, First Citizens Bank rose 56 cents to $42.12 and Scotiabank fell $1 to $54. Elsewhere, Ansa McAl lost $6 in closing at $50, Endeavour Holdings rallied $1.85 to $18 and Pont Lisas rose by 22 cents to $3.50.
Stocks with the potential to gain more than 100 percent when the market comes back to life, include CIBC Caribbean Bank which could gain 200 percent, the severely undervalued Guardian Holdings, with a 430 percent potential, Republic Holdings at 140 percent, First Citizens Bank 100 percent, Massy Holdings 50 percent, Trinidad Cement with 330 percent, Eric Solis with a 100 percent potential gain and One Caribbean Media with 315 percent.
Investors should watch Prestige Holdings, with the potential to gain 80 percent and Trinidad and Tobago NGL, with a potential gain of 290 percent.
The market closed with trading of 820,603 shares for $6,335,662, up from just 339,143 stock units at $5,290,186 on Thursday.
Ansa McAl ended at $50 with a transfer of 5,353 units, CIBC Caribbean Bank shed 31 cents to close at $8.19 with investors swapping 1,800 shares. Endeavour Holdings ended at $18 in switching ownership of 50 stock units, First Citizens Group ended at $42.12 with 821 shares being traded, Guardian Holdings shed 2 cents to finish at $14.85 in trading 885 units. Guardian Media ended at 96 cents with 21 stocks clearing the market, JMMB Group advanced 2 cents to close at $1.22 in an exchange of 510 stock units, L.J. Williams B share popped 9 cents and ended at 90 cents with 1,000 shares crossing the market. Massy Holdings remained at $3.90 after an exchange of 521,273 stocks, National Enterprises slipped 1 cent to end at $2.65 after the trading of 500 units, One Caribbean Media remained at $2.97 with an exchange of 505 stock units. 
Point Lisas ended at $3.50 after 17,058 shares passed through the market, Prestige Holdings ended at $11.15 after an exchange of 1,085 units, Republic Financial dipped 1 cent and ended at $113.09 with investors trading 6,991 stocks. Scotiabank increased 98 cents to end at $54 in an exchange of 260 stock units, Trinidad & Tobago NGL remained at $4.02 with traders dealing in 4,545 shares, Trinidad Cement climbed 5 cents to close at $2.40 as investors exchanged 2 units. Unilever Caribbean ended at $11 with 14,386 stocks crossing the market and West Indian Tobacco rose 3 cents in closing at $5.43 with investors trading 58,896 stock units.
The market closed with trading of 339,143 shares for $5,290,186 up from 231,844 stocks at $5,567,697 on Wednesday.
Ansa McAl ended at $50 in an exchange of 41,706 shares, Calypso Investment Fund jumped $1.59 and ended at $25 with investors swapping 13 stocks. First Citizens Group climbed 52 cents to end at $42.12 with 16,936 stock units crossing the exchange, GraceKennedy gained 4 cents in closing at $3.69 after a transfer of 26,731 stocks, Guardian Holdings remained at $14.87 with investors trading 735 units. Guardian Media fell 4 cents and closed at a 52 weeks’ low of 96 cents after 346 shares changed hands, JMMB Group rallied 9 cents to close at $1.20 in trading 5 stock units, L.J. Williams B share ended at 81 cents with investors dealing in 561 shares. Massy Holdings popped 4 cents in closing at $3.90 in an exchange of 217,615 stocks, National Enterprises remained at $2.66 with traders dealing in 9,263 units, National Flour Mills advanced 9 cents and ended at $1.70 after an exchange of 255 stock units. Point Lisas gained 22 cents to close at a 52 weeks’ high of $3.50 with 4,094 shares crossing the market, 
Prestige Holdings remained at $11.15 as investors exchanged 630 stocks, Republic Financial popped 3 cents to finish at $113.10 with 12,037 stock units changing hands. Scotiabank ended at $53.02 after an exchange of 2,024 stocks, Trinidad & Tobago NGL skidded 1 cent to end at $4.02 with 2,048 units clearing the market, Unilever Caribbean remained at $11 with an exchange of 30 stocks and West Indian Tobacco slipped 2 cents to close at a 52 weeks’ low of $5.40 after 4,087 shares were traded.
The market closed with trading of 231,844 shares valued $5,567,697 compared to 296,235 stock units at $2,387,488 on Tuesday.
Ansa McAl remained at $50 with 77,718 shares crossing the market. CIBC Caribbean Bank rose 37 cents to end at $8.50 with traders dealing in 43,166 stock units, First Citizens Group rallied 1 cent to finish at $41.60 with an exchange of 10,296 shares, GraceKennedy increased 15 cents and ended at $3.65 after a transfer of 10,000 stock units. Guardian Holdings remained at $14.87 and closed with 1,410 stocks changing hands, Guardian Media ended at $1 after 178 stock units passed through the market, JMMB Group rose 3 cents to finish at $1.11 after an exchange of 19 shares. Massy Holdings ended at $3.86 with a transfer of 5,027 stocks, National Enterprises popped 1 cent to close at $2.66 with investors swapping 1,943 units, National Flour Mills remained at $1.61 with an exchange of 31,000 stock units. NCB Financial fell 1 cent to end at a 52 weeks’ low of $2.34 with 1,000 shares clearing the market, One Caribbean Media advanced 7 cents to close at $2.97 with investors trading 6,907 stocks, 
Prestige Holdings rose 62 cents to end at $11.15 with 4,032 units changing hands. Republic Financial gained 7 cents in closing at $113.07 with investors dealing in 1,517 stocks, Scotiabank sank 98 cents and ended at a 52 weeks’ low of $53.02 in an exchange of 2,283 units, Trinidad & Tobago NGL ended at $4.03 with investors trading 1,829 stocks. Trinidad Cement lost 5 cents and ended at $2.35 after an exchange of 6,375 shares, Unilever Caribbean remained at $11 after the trading of 23,909 stock units and West Indian Tobacco fell 2 cents to end at $5.42 as investors exchanged 1,728 shares.
The market closed with trading of 296,235 shares for $2,387,488 up from 130,830 stocks at $1,229,998 on Monday.
Ansa McAl shed $4 to finish at $50 with 191 stocks crossing the exchange. Ansa Merchant Bank rose $1 and ended at $41 with traders dealing in 500 stock units, Calypso Macro Investment Fund lost $1.59 to end at $23.41 in switching ownership of 368 stocks, CIBC Caribbean Bank climbed 3 cents to close at $8.13 with investors trading 44 shares. First Citizens Group increased 4 cents to $41.59 in an exchange of 3,829 units, GraceKennedy ended at $3.50 with investors trading 10,399 stock units, Guardian Media remained at $1 with just one share changing hands. JMMB Group dipped 3 cents to finish at $1.08 with investors swapping 8,320 stocks, Massy Holdings slipped 4 cents and ended at $3.86 after 52,782 units passed through the market, National Enterprises dipped 1 cent to close at $2.65 as investors exchanged 45,839 stock units. 
National Flour Mills fell 6 cents to $1.61 with a transfer of 65,450 shares, Prestige Holdings skidded 77 cents and ended at a 52 weeks’ low of $10.53 with investors dealing in 1,672 units, Republic Financial declined 3 cents to close at $113 with 2,404 stocks crossing the exchange. Scotiabank remained at $54 in trading 3,389 stock units, Trinidad & Tobago NGL lost 1 cent in closing at $4.03 with an exchange of 4,121 shares, Unilever Caribbean ended at $11 with an exchange of 43,784 stocks and West Indian Tobacco ended trading of $5.44 with 5,794 units crossing the market.
The market closed with trading of 130,830 shares for $1,229,998 up from 98,458 stocks at $1,961,543 on Friday.
At the close of the market, Agostini’s popped 14 cents to close at $68.19 with 187 units switching owners, Ansa McAl slipped $2 to $54 with trading of 255 stock units, Calypso Macro Investment Fund remained at $25 with investors dealing in 127 shares. Endeavour Holdings climbed $1.85 in closing at a 52 weeks’ high of $18 with 374 stock units crossing the market, First Citizens Group fell 1 cent to finish at $41.55 as investors exchanged 1,409 shares, GraceKennedy ended at $3.50 with a transfer of 178 units. Guardian Holdings increased 2 cents to $14.87 after an exchange of 1,001 stocks, Guardian Media ended at $1 with a mere 17 stock units crossing the market, JMMB Group rose 1 cent to close at $1.11 in an exchange of 17,482 shares. Massy Holdings rallied 1 cent to end at $3.90 with 2,407 stock units passing through the market, National Flour Mills advanced 6 cents to finish at $1.67 with an exchange of 336 stocks, NCB Financial remained at $2.35 with 9,696 units having been traded. One Caribbean Media gained 5 cents to $2.90 after a transfer of 10,206 stocks, 
Point Lisas ended at $3.28 with investors trading 1,500 units, Prestige Holdings remained at $11.30 in an exchange of 435 shares. Republic Financial popped 98 cents and ended at $113.03 with traders dealing in 1,208 stock units, Scotiabank shed $1 to end at a 52 weeks’ low of $54 after an exchange of 2,010 shares, Trinidad & Tobago NGL sank 1 cent to close at $4.04 with investors trading 12,800 units. Trinidad Cement rallied 5 cents to $2.40 with 100 stocks clearing the market, Unilever Caribbean declined 18 cents to finish at $11 with investors swapping 63,645 stock units and West Indian Tobacco remained at $5.44 with 5,457 shares changing hands.
The average PE ratio of the market closed at 7.74 based on 2023 earnings and 5.67 based on estimates of the 2024 earnings. The difference illustrates the market’s current undervalued level and the potential gains ahead.
The market closed with trading of 98,458 shares valued at$1,961,543 compared to 426,040 stock units at $2,568,765 on Thursday.
Ansa Merchant Bank remained at $40 after an exchange of 770 stock units, First Citizens Group rose 16 cents to close at $41.56 with investors dealing in 7,016 shares, GraceKennedy sank 10 cents to end at $3.50 after the trading of 5,142 units. Guardian Holdings declined 1 cent in closing at $14.85 in switching ownership of 3,120 stocks, Guardian Media sank 10 cents to a 52 weeks’ low of $1 with traders dealing in 166 stock units, JMMB Group dipped 1 cent and ended at $1.10 after 10 shares passed through the market. L.J. Williams B share ended at 81 cents with investors trading just 2 units, Massy Holdings lost 1 cent to close at $3.89 with 41,131 stocks changing hands, National Enterprises advanced 16 cents to end at $2.66 with a transfer of 70 stock units. NCB Financial remained at $2.35 after an exchange of 30 shares, 
One Caribbean Media ended at $2.85 with investors trading 7,522 units, Prestige Holdings popped 1 cent and ended at $11.30 in an exchange of 2,928 stocks. Republic Financial slipped 85 cents in closing at a 52 weeks’ low of $112.05 with 6,225 stock units clearing the market, Scotiabank rallied 90 cents to close at $55 in trading 9,211 shares, Trinidad & Tobago NGL remained at $4.05 with an exchange of 6,613 stock units and West Indian Tobacco ended at $5.44 after a transfer of 174 units.
The market closed with trading of 426,040 shares for $2,568,765 up sharply from 64,916 stock units at $470,799 on Wednesday. An average of 23,669 shares were traded valued at $142,709 compared with 3,606 units at $26,156 on Wednesday. Trading for the month to date ended with an average of 17,031 shares at $100,808 compared with 16,493 units at $97,415 on the previous day and an average for February of 22,005 shares at $200,032.
National Flour Mills lost 8 cents to end at $1.61 with traders dealing in 2,000 units, NCB Financial ended at $2.35 in an exchange of 25,848 stock units. Prestige Holdings dipped 1 cent to $11.29 with investors dealing in 630 shares, Republic Financial sank 13 cents to end at $112.90 after a transfer of 2,665 units, Scotiabank skidded $1.40 and closed at $54.10 in trading 1,202 stocks. Trinidad & Tobago NGL rose 3 cents to $4.05 with 4,103 stock units crossing the market, Unilever Caribbean fell 1 cent and ended at $11.18 with an exchange of 1,000 shares and West Indian Tobacco remained at $5.44 in trading of 8,887 stocks.
The market closed with trading of 64,916 shares worth $470,799 well below the 518,812 stock units at $2,126,960 on Tuesday.
t the close of trading, Agostini’s ended at $68 after an exchange of 40 stocks, Angostura Holdings rose 25 cents to $14.25 in trading 1,063 shares, Ansa McAl ended at $57 with 14 stock units crossing the market. Ansa Merchant Bank skidded 50 cents to close at $39.50 with investors trading 50 stocks, Calypso Macro Investment Fund ended at $25 in an exchange of 50 shares, CIBC Caribbean Bank ended at $8.10 after the trading of 4,200 units. First Citizens Group remained at $41.39 with 2,071 stocks crossing the market, GraceKennedy sank 9 cents to $3.60 with investors trading 80 stock units, Guardian Holdings gained 1 cent to end at $14.86 with 700 shares changing hands. JMMB Group ended at $1.11 with traders dealing in 38,169 stocks, Massy Holdings popped 3 cents to close at $3.93 after an exchange of 261 units, National Enterprises ended trading at $2.66 with a transfer of 7,029 stock units. 
Prestige Holdings remained at $11.30 after closing with an exchange of 1,374 shares, Republic Financial climbed 3 cents in closing at $113.03 after a transfer of 1,097 stock units, Scotiabank remained at $55.50 with investors swapping 1,466 stocks. Trinidad & Tobago NGL shed 48 cents and ended at $4.02 in an exchange of 2,461 units, Trinidad Cement declined 5 cents to close at $2.35 after 10 stocks passed through the market and West Indian Tobacco lost 6 cents to end at $5.44 in switching ownership of 4,781 units.