First Citizens Group Financial Holdings.
Stocks started the new year the way the ended the old, with the market indices rising into 2025 at the close of the first week of the year, rallying for a third consecutive week with the Trinidad and Tobago Stock Exchange, All Trinidad Index closing 1.8 percent higher for the week and the Composite index popped 0.7 percent, with prices of just 6 stocks rising and 8 declining, compared with 10 rising and 3 declining last week.
The average PE ratio of the market, closed at 7.87, compared to 5.5 based on the current year’s earnings, with the difference graphically illustrating the market’s current undervalued level and by extension the upside potential ahead. In a week when price movements were mostly moderate, the financial sector enjoyed notable price gains as First Citizens Bank gained $2.45 in closing at $42.90, Scotiabank climbed $2 to $59 and Republic Holdings was up $1.17 to $114.
At the same time, CIBC Caribbean slipped 35 cents to $8.15 and Agostini’s lost 50 cents to close at $67.50.
Stocks with the potential to gain more than 100 percent when the market comes back to life, include CIBC Caribbean Bank with a possible gain of 200 percent, the undervalued Guardian Holdings, with a 430 percent potential, Republic Holdings at 160 percent, First Citizens Bank 100 percent, Massy Holdings now at 50 percent, Trinidad Cement with 300 percent. Eric Solis with a 100 percent potential gain and One Caribbean Media with 300 percent.
Investors should watch Prestige Holdings with the potential to gain 80 percent and Trinidad and Tobago NGL with a potential gain of 230 percent.
The market closed with trading of 452,413 shares valued $2,544,736 compared to 111,764 stock units at $734,454 on Thursday. An average of 25,134 shares were traded at $141,374 compared with 6,985 units at $45,903 on Thursday, with trading month to date averaging 16,593 shares at $96,450 down from an average for December of 19,548 stocks at $423,231.
First Citizens Group sank 10 cents to finish at $42.90 with 116 stock units clearing the market, GraceKennedy dipped 1 cent and ended at $3.69 in an exchange of 101,500 shares, Guardian Media ended at $1.15 with 320 stock units passing through the market. JMMB Group remained at $1.07 after an exchange of 40 stocks, Massy Holdings ended at $3.99 with investors dealing in 192,625 stock units, National Enterprises climbed 13 cents to end at $2.78 and closed with an exchange of 10 shares. National Flour Mills remained at $1.70 in trading 750 stocks, NCB Financial ended at $2.39 with 138,020 units crossing the market, One Caribbean Media sank 9 cents to close at $2.90 with investors trading 1,200 stock units. 
Prestige Holdings remained at $11.30 after a transfer of 10 shares, Republic Financial ended at $114 with investors swapping 8,660 units, Scotiabank increased $1.99 to close at $59 with a transfer of 434 stocks. Trinidad & Tobago NGL remained at $4.75 after investors ended trading 3,005 stock units, Unilever Caribbean remained at $11.40 with 73 shares changing hands and West Indian Tobacco ended at $5.55 with investors trading 5,000 units.
The market closed with trading of 111,764 shares valued at $734,454 compared to 40,067 stock units at $812,755 on Tuesday. An average of 6,985 shares were traded at $45,903 compared with 2,109 units at $42,777 on Tuesday, compared with an average for December of 19,548 shares at $423,231.
At the close, Agostini’s ended at $67.50 after a transfer of 195 stocks, Angostura Holdings ended at $14.85 with 103 units clearing the market, CIBC Caribbean Bank remained at $8.25 after an exchange of 8,080 shares. First Citizens Group rallied $2.54 to $43 in trading 458 stock units, GraceKennedy ended at $3.70 after 25,875 shares passed through the market, Guardian Holdings ended trading at $14.95 in an exchange of 230 units. Guardian Media remained at $1.15 with 200 stocks crossing the market, L.J. Williams B share ended at 75 cents with an exchange of 800 stock units, Massy Holdings popped 8 cents and ended at $3.99 with 169 shares crossing the market. National Enterprises declined 14 cents to end at $2.65 with a transfer of 11,000 stock units, National Flour Mills remained at $1.70 with investors swapping 11,604 stocks, 
Prestige Holdings ended at $11.30 and closed with an exchange of 559 units. Republic Financial advanced $1.17 to $114 with traders dealing in 1,958 stocks, Scotiabank slipped 29 cents to $57.01 as investors exchanged 11 units, Trinidad & Tobago NGL dipped 25 cents to finish at $4.75 after trading of 30,727 shares and West Indian Tobacco lost 5 cents and ended at $5.55 with investors dealing in 19,795 stock units.
The market closed with trading of 40,067 shares for $812,755 down sharply from 257,939 stock units at $6,058,813 on Monday. An average of 2,109 shares were traded at $42,777 in contrast to 11,725 stock units at $275,401 on Monday, with trading month to date averaging 19,447 shares at $421,016 slightly less than the 20,352 units at $440,760 on the previous day and compared with an average for November of 25,044 shares at $171,335.
The Investor’s Choice bid-offer indicator closed with four stocks ended with bids higher than their last selling prices and three with lower offers.
National Flour Mills ended at $1.70 after just one stock unit passed through the market. Prestige Holdings ended at $11.30 after an exchange of 71 shares, Republic Financial sank 17 cents in closing at $112.83 with 5,579 stock units crossing the market, Scotiabank shed $1.19 and ended at $57.30 with a transfer of 27 units. Trinidad & Tobago NGL rose 20 cents to close at $5 with 9,853 stocks crossing the market, Trinidad Cement remained at $2.50 as investors exchanged 2,620 shares, Unilever Caribbean remained at $11.40 after trading of 2,644 stock units and West Indian Tobacco advanced 1 cent to $5.60, with 505 units crossing the exchange.
The market closed with the trading of 257,939 stock units for $6,058,813 compared with 94,765 stocks at $1,484,861 on Friday. An average of 11,725 shares were traded at $275,401 up from just 7,897 stock units at $123,738 on Friday, with trading month to date averaging 20,352 shares at $440,1760 compared with 20,907 units at $451,397 on the previous trading day and an average for November of 25,044 shares at $171,335.
Calypso Macro Investment Fund skidded 7 cents to $23.60 after an exchange of 67 stock units, CIBC Caribbean Bank fell 25 cents to $8.25 after the transfer of 1,154 units. Endeavour Holdings ended at $18 with investors dealing in 10 stock units, Eric Solis gained 5 cents and ended at a record high of $4.25 after 193 shares were traded, Citizens Group remained at $40.45 after 134 shares were exchanged, GraceKennedy ended at $3.70 with traders dealing in 14 stock units. Guardian Holdings advanced 9 cents to $14.89 as investors exchanged 12,448 stocks, Guardian Media shed 5 cents to close at $1.15 after a transfer of 10 units, JMMB Group declined 1 cent to end at a 52 weeks’ low of $1.07 with investors swapping 226 stocks. L.J. Williams B share ended at 80 cents with 7,965 units crossing the exchange, Massy Holdings popped 11 cents and ended at $3.99 with investors trading 157,972 shares, National Enterprises slipped 1 cent to finish at $2.79 after trading of 1,320 stock units. 
National Flour Mills remained at $1.70 in an exchange of 6,000 shares, Point Lisas ended at $3.28 with investors trading 1,000 units, Prestige Holdings closed at $11.30 with 10 stocks clearing the market. Republic Financial rallied 17 cents to end at $113 with the trading of 44,973 stock units, Scotiabank rose $1.49 in closing at $58.49 after an exchange of just 4 shares, Trinidad & Tobago NGL ended at $4.80 with 21,052 stocks crossing the market. Trinidad Cement remained at $2.50 after an exchange of 192 units, Unilever Caribbean ended at $11.40, with 2,257 stocks changing hands and West Indian Tobacco dipped 1 cent and ended at $5.59 with an exchange of 681 shares.
The Trinidad and Tobago Stock Exchange rallied for a second consecutive week with the All Trinidad Index closing 0.5 percent higher for the week and the Composite index popping 1.5 percent, with prices of 10 stocks rising and only 3 declining, compared with 7 rising and 9 declining last week. 
Republic Holdings at 160 percent, First Citizens Bank 115 percent, Massy Holdings now at 50 percent, following poor 2024 profit results, Trinidad Cement with 300 percent. Earnings for Eric Solis with a 100 percent potential gain and One Caribbean Media with 300 percent.
The market closed with trading of 94,765 shares for $1,484,861 up from 91,490 stock units at $930,847 on Tuesday. An average of 7,897 shares were traded at $123,738 well above 5,083 units at $51,714 on Tuesday, with trading month to date averaging 20,968 shares at $452,728 compared with 21,445 units at $464,728 on the previous day and an average for November with 25,044 shares at $171,335.
The Investor’s Choice bid-offer indicator ended with four stocks having bids higher than their last selling prices and two with lower offers.
Prestige Holdings remained at $11.30 with investors trading a mere two units, Republic Financial ended at $112.83 after an exchange of 4,523 stocks. Scotiabank closed at $57 with investors trading 340 shares, Trinidad & Tobago NGL rallied 10 cents to finish at $4.80 with an exchange of 37,933 units and West Indian Tobacco remained at $5.60, with 160 stock units crossing the market.
At the close, Agostini’s advanced $1.75 to end at $68 with investors swapping 1,918 shares, Angostura Holdings popped 81 cents to close at $14.85 in an exchange of 1,485 stocks, Ansa McAl remained at $59.78 after just 12 shares passed through the market. Calypso Macro Investment Fund ended at $23.67 in an exchange of 34 stock units, First Citizens Group rallied 15 cents to finish at $40.55 with trading in 1,808 shares, GraceKennedy rose 5 cents to close at $3.70, with 55 units crossing the exchange. Guardian Holdings declined 5 cents to close at a 52 weeks’ low of $14.80 in switching ownership of 2,916 stocks, JMMB Group ended at $1.08 after 364 stock units changed hands, Massy Holdings inched 1 cent higher to finish at $3.86 with a transfer of 29,200 shares. National Flour Mills increased 4 cents and ended at $1.70 with investors dealing in 1,259 stock units, NCB Financial remained at $2.39 with 37,200 stocks clearing the market, 
One Caribbean Media remained at $2.99 in trading 36 units. Prestige Holdings gained 9 cents in closing at $11.30 with 10,993 stocks changing hands, Republic Financial popped 8 cents to $112.83 with investors trading 2,399 units, Scotiabank rallied 99 cents to close at $57 with 1,025 shares crossing the market. Trinidad & Tobago NGL ended at $4.70 after an exchange of 200 stock units, Unilever Caribbean rose 10 cents and ended at $11.40 after a transfer of 257 shares and West Indian Tobacco ended at $5.60 with 329 units being traded.
First Citizens Bank 115 percent, Massy Holdings now at 50 percent, following poor 2024 profit results, Trinidad Cement with 300 percent. Earnings for Eric Solis with a 100 percent potential gain and One Caribbean Media with 300 percent.
The market closed with trading of 848,482 shares for $3,687,713 compared to 212,838 stock units at $1,497,021 on Wednesday. An average of 40,404 shares were traded at $175,605 compared to 10,135 stock units at $71,287 on Wednesday, with trading month to date averaging 24,101 shares at $543,329 compared to 22,748 units at $573,852 on Wednesday and an average of 25,044 shares at $171,335 in November.
CIBC Caribbean Bank rose 50 cents in closing at $8.20 with investors trading 38 stock units, Endeavour Holdings closed at $18 after an exchange of 125 units. First Citizens Group lost 24 cents to close at $40.22 with investors swapping 2,362 stocks, GraceKennedy gained 4 cents to finish at $3.65 with 5,350 stock changing hands, Guardian Holdings dropped 20 cents to $14.75 with traders dealing in 2,235 shares. Massy Holdings slipped 1 cent in closing at $3.84 after 715,383 stocks cleared the market, National Enterprises popped 1 cent to end at $2.80 with an exchange of 23,263 units, National Flour Mills ended at $1.70 after 12,327 stock units passed through the market. NCB Financial ended at $2.39 with an exchange of 54,660 shares, Point Lisas remained at $3.15 with 4,182 units crossing the market, Prestige Holdings remained at $11.30 as investors exchanged 500 stocks. 
Republic Financial skidded 3 cents to close at a 52 weeks’ low of $112.86 with a transfer of 3,232 stock units, Scotiabank climbed $1.43 to end at $56.95 after jsut 5 shares crossed the market, Trinidad & Tobago NGL increased 20 cents in closing at $4.80 in trading 18,124 stock units. Trinidad Cement rallied 20 cents to $2.50 with 530 units crossing the exchange, Unilever Caribbean declined by 10 cents in closing at $11.30 with investors trading 4,750 stocks and West Indian Tobacco rose 51 cents to close at $5.55 in an exchange of 170 shares.