Losers dominate Trinidad Exchange trading


Market activity resulted in gains for the Trinidad and Tobago Stock Exchange on Wednesday, with trading in 19 securities, down from 24 on Tuesday and ending with prices of three stocks rising, eight declining and eight ended firm including one stock closing at a 52 weeks’ high and three at 52 weeks’ lows as trading resulted in an exchange of a 66 percent fall in the volume of stocks changing hands with a 41 percent lower value than on Tuesday.

The market closed with trading of 109,466 shares for $1,672,686 down from 324,518 stocks at $2,825,843 on Tuesday. An average of 5,761 shares were traded with a value of $88,036 compared with 13,522 units at $117,743 on Tuesday, with trading for the month to date ending with an average of 30,233 shares at $147,418 down from 33,396 units at $155,095 on the previous day and an average for October of 39,507 shares at $305,306
The Composite Index increased 1.78 points to end the day at 1,041.30, the All T&T Index rallied 3.44 points to close trading at 1,565.52, the SME Index remained unchanged at 88.01 and the Cross-Listed Index ended at 67.23.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of trading, Agostini’s ended at $62.45 with traders dealing in 150 shares, Angostura Holdings dropped 50 cents and ended at $15.50, with 60 stocks crossing the market, Ansa McAl sank 29 cents to close at $59.71 with a transfer of 10,100 shares. Calypso Macro Investment Fund remained at $23.60 after an exchange of 4,500 stock units, Endeavour Holdings gained 5 cents to end at a 52 weeks’ high of $17.05 with investors swapping 75 shares, First Citizens Group remained at $40.41 with an exchange of 50 stocks. GraceKennedy slipped 1 cent to $3.69 after investors traded 14,740 units, Guardian Holdings ended at $13.60 in an exchange of 17,164 stock units, Guardian Media lost 9 cents in closing at $1.40 with investors trading 30 shares. JMMB Group popped 4 cents to close at $1.07 4,143 stock units with crossing the exchange, Massy Holdings climbed 13 cents to finish at $3.80 in trading 14,754 units, National Enterprises slipped 5 cents and ended at $2.65 with 415 stocks clearing the market. National Flour Mills remained at $1.65 as investors exchanged 150 shares, NCB Financial ended at $2.15, with 37,000 stock units changing hands, Prestige Holdings ended at $11.50 after a transfer of 535 stocks. Republic Financial sank 50 cents to close at $113 with investors trading 4,480 units, Scotiabank closed trading at $57.02 after an exchange of 20 shares, Trinidad & Tobago NGL dipped 19 cents to finish at a 52 weeks’ low of $4.41 with 600 units crossing the market and West Indian Tobacco shed 2 cents and ended at a 52 weeks’ low of $5.98 in an exchange of 500 stocks.

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.

Trinidad Exchange closes higher


Stocks closed on the Trinidad and Tobago Stock Exchange on Monday, with the volume traded dropping 45 percent at a 64 percent greater value than on Friday resulting in activities in 15 securities compared with 16 on Friday and ending with prices of three rising, five declining and seven ended firm.

The market closed with trading of 330,482 shares valued $3,340,673 compared to 603,487 stock units at $2,041,473 on Friday.
An average of 22,032 shares were traded at $222,712 compared with 37,718 units at $127,592 on Friday, with trading month to date averaging 37,274 shares at $162,380 compared with 39,391 units at $154,004 on the previous day and an average for October 39,057 units at $305,306.
The Composite Index increased 1.67 points to 1,040.51, the All T&T Index rose 2.62 points to wrap up trading at 1,565.30, the SME Index remained unchanged at 88.01 and the Cross-Listed Index increased by just 0.09 points to end at 67.04.
The Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of market activities, Angostura Holdings ended at $16 with investors trading 6 stock units, Ansa McAl sank 50 cents in closing at $59 after 5,200 shares passed through the market, Ansa Merchant Bank climbed 25 cents to $41.25 in switching ownership of 2,300 stocks. First Citizens Group dipped 59 cents and ended at $40.41 with investors swapping 4,566 units, GraceKennedy popped 11 cents to close at $3.70 with a transfer of 29,435 shares, JMMB Group lost 3 cents to finish at a 52 weeks’ low of $1.02 after an exchange of 19,000 stocks. Massy Holdings increased 7 cents and ended at $3.80 with 212,180 units trading, National Enterprises ended at $2.70 with 6 stock units crossing the market,  NCB Financial remained at $2.15 in an exchange of 22,000 shares. Prestige Holdings ended at $11.01 with investors dealing in 2,767 stocks, Republic Financial remained at $115 in an exchange of 14,473 stocks, Scotiabank skidded 45 cents to finish at $57.10 with just 11 stock units crossing the market. Trinidad & Tobago NGL slipped 2 cents and ended at $4.50 as investors exchanged 5,726 shares, Unilever Caribbean ended at $11 after a transfer of 1,000 stocks and West Indian Tobacco remained at $6 with 11,812 units crossing the exchange.

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

Mild weekly slippage in Trinidad stocks


The Composite Index of the Trinidad and Tobago Stock Exchange closed lower for the week, at the same time that the All Trinidad Index slipped just over 5 point, with prices of 9 stocks falling and 7 rising.

The majority of stocks remain attractively prices at the close of the week with big upside gains ahead.
The average PE ratio of the market is.8.3 versus 9.8 last week compared to 5.3 based on the current year’s earnings. The huge difference between the two shows the undervalued level of the market currently is and the extent of the upside that lies ahead.
The only winning stocks of note for the week are Republic Holdings with a rise of $3 to $115, First Citizens Bank up 59 cents to $41 and Prestige Holdings gaining 51 cents to close at a 52 weeks’ high of $11.01
Ansa Merchant Bank fell 19 cents to $59.50, Scotiabank fell 95 cents to $57.55, Ansa McAl declined by 50 cents to $59.50 and LJ Williams B shares fell 34 cents to 93 cents.
Stocks that could gain more than 100 percent when the market comes back to life, include, CIBC Caribbean Bank with a possible gain of 250 percent, but the high level of potential supply may stifle this stock from achieving full potential, Guardian Holdings at 500 percent, Republic Holdings at 115 percent, Massy Holdings at 110 percent, Trinidad Cement with 300 percent, Eric Solis 400 percent and One Caribbean Media with 300 percent.

Mostly rising Trinidad Exchange stocks

Stocks mostly gained at the end of trading on the Trinidad and Tobago Stock Exchange on Friday, resulting from trading of 16 securities compared with 17 on Thursday and ending with prices of eight rising, two declining and six ended firm, with the volume of stocks traded declining 45 percent and valued 21 percent lower than on Thursday.

The market closed with trading of 603,487 shares valued at $2,041,473 compared to 1,101,665 stock units at $2,580,451 on Thursday.
An average of 37,718 shares were traded at $127,592 down from 64,804 units at $151,791 on Thursday, with trading month to date averaging 39,391 shares at $154,004 versus 39,682 stock units at $158,593 on the previous day and an average for October of 39,057 units at $305,306.
The Composite Index rallied 0.63 points to end at 1,038.84, the All T&T Index popped 0.73 points to 1,562.68, the SME Index remained at 88.01 and the Cross-Listed Index inched 0.07 points higher to 66.95. Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s increased 5 cents to $62.50 with traders dealing in 47 stocks, Angostura Holdings ended at $16 as investors exchanged 175 shares. CIBC Caribbean Bank ended at $7.06, with 1,408 stocks passing through the exchange, First Citizens Bank popped 59 cents in closing at $41 in trading 856 stock units, GraceKennedy remained at $3.59 after 89,200 shares passed through the market, Guardian Media lost 13 cents to close at $1.35 with investors trading 98 stocks. JMMB Group advanced 3 cents to $1.05 after an exchange of 284 units, L.J. Williams B share dropped 11 cents to end at a 52 weeks’ low of 93 cents with investors dealing in 8,635 stock units, Massy Holdings rose 6 cents in closing at $3.73 with 176,595 shares clearing the market. National Enterprises ended at $2.70 with investors trading 7,000 stocks, National Flour Mills remained at $1.70 and closed with 3,608 units changing hands, NCB Financial ended at $2.15 in an exchange of 312,737 stock units. Prestige Holdings gained 1 cent and ended at a 52 weeks’ high of $11.01 with 45 shares changing hands, Republic Financial rallied $3 to $115 with an exchange of 2,733 stocks, Scotiabank popped 55 cents to close at $57.55 with 64 units crossing the market and Trinidad & Tobago NGL climbed 2 cents in closing at $4.52 in switching ownership of 2 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading dives on Trinidad Exchange


Trading dropped back from Wednesday’s more robust levels on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded declining 30 percent with a 60 percent lower value, resulting from activities in 17 securities compared with 21 on Wednesday and ending with prices of three stocks rising, six declining and eight ended firm.

The market closed with trading of 1,101,665 shares with a value of $2,580,451 down from 1,580,869 stocks at $6,428,404 on Wednesday.
An average of 64,804 shares were traded at $151,791 compared with 75,279 stock units at $306,114 on Wednesday, with trading month to date averaging 39,682 shares at $158,593 compared with 33,988 units at $160,161 on the previous day and an average for October of 39,057 units at $305,306
The Composite Index declined 6.55 points to wrap up trading at 1,038.21, the All T&T Index fell 12.34 points to close at 1,561.95, the SME Index remained at 88.01 and the Cross-Listed Index slipped 0.05 points to close at 66.88.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Ansa McAl ended at $59.50 with 47 stocks crossing the exchange, Calypso Macro Investment Fund popped $1 to $24 with a transfer of 686 units, First Citizens Group remained at $40.41 closed at 3,173 shares. CIBC Caribbean Bank formerly First Caribbean Bank dipped 1 cent to end at $7.06 in an exchange of 642 stocks units, GraceKennedy ended at $3.59 with investors dealing in 69,000 shares, Guardian Holdings ended at $13.50 in switching ownership of 4,427 stock units. JMMB Group remained at $1.02 after an exchange of 652,170 units, Massy Holdings lost 3 cents to finish at $3.67 with investors trading 213,709 stocks, National Enterprises shed 5 cents and ended at $2.70 with an exchange of 3,824 shares. National Flour Mills ended at $1.70 after 5,000 stock units passed through the market, NCB Financial remained at $2.15 in trading 91,199 units, Prestige Holdings climbed 25 cents to end at a 52 weeks’ high of $11 with 19 stocks crossing the market. Republic Financial dropped $3 to a 52 weeks’ low of $112 as investors exchanged 2,222 units, Scotiabank sank $1.49 in closing at $57 with 471 shares crossing the market, Trinidad & Tobago NGL ended at $4.50 in an exchange of 7,600 stock units. Trinidad Cement slipped 11 cents to finish at $2.61 with traders dealing in 43,306 stocks and West Indian Tobacco rose 10 cents to close at $6 after a transfer of 4,170 units.

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

Trading surges on the Trinidad Exchange


Stocks ended trading with mostly losses on the Trinidad and Tobago Stock Exchange on Wednesday, resulting from an exchange of 21 securities trading similar to market activity on Tuesday and ending with prices of four stocks rising, nine declining and eight ending firm, following a 1,414 percent surge in the volume of stocks traded with the value rising 127 percent more than on Tuesday.

The market closed with the trading of 1,580,869 shares valued $6,428,404 well above the 104,402 stock units at $2,827,691 on Tuesday.
An average of 75,279 shares were traded at $306,114 compared with just 4,972 stock units at $134,652 on Tuesday, with trading month to date averaging 33,988 shares at $160,161 compared to 17,930 units at $103,386 on the previous day and an average for October of 39,057 units at $305,306
The Composite Index advanced 1.46 points to cease trading at 1,044.76, the All T&T Index gained 2.51 points to close trading at 1,574.29, the SME Index remained unchanged at 88.01 and the Cross-Listed Index advanced 0.05 points to end at 66.93.
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 of trading, Angostura Holdings ended at $16 with 1,000 stocks crossing the market, Ansa McAl shed 50 cents in closing at $59.50 with a transfer of 5 units, Calypso Macro Investment Fund sank 60 cents to end at $23 as 1,693 shares passed through the market. First Citizens Group slipped 4 cents in closing at $40.41 with 4,020 stock units passing through the exchange, FirstCaribbean International Bank popped 2 cents and ended at $7.07 in trading 250 shares, GraceKennedy remained at $3.59 with 18,860 units clearing the market. Guardian Holdings sank $1 and ended at a 52 weeks’ low of $13.50 with investors trading 10,392 stocks, JMMB Group remained at $1.02 in switching ownership of 1,265 stock units, L.J. Williams B share skidded 4 cents to end at a 52 weeks’ low of $1.04 with investors trading 45 shares. Massy Holdings popped 5 cents in closing at $3.70 after an exchange of 1,440,105 stock units, National Enterprises gained 2 cents to close at $2.75 with investors dealing in 10,054 stocks, National Flour Mills ended at $1.70 after an exchange of 15,633 units. NCB Financial remained at $2.15 with 59,151 shares changing hands, One Caribbean Media ended at $3 with an exchange of 350 stock units, Prestige Holdings ended at $10.75 after trading of 2,217 stocks. Republic Financial rose $2 to finish at $115 as investors traded 3,187 units, Scotiabank lost 1 cent and ended at $58.49 after a transfer of 482 shares, Trinidad & Tobago NGL remained at $4.50 with traders dealing in 3,586 units. Trinidad Cement dipped 1 cent to $2.72 in an exchange of 90 stocks, Unilever Caribbean fell 49 cents in closing at $11 with investors swapping 54 stock units and West Indian Tobacco declined 10 cents to end at a 52 weeks’ low of $5.90 in an exchange of 8,430 shares.

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

7 all for Trinidad Stock Exchange


Stocks ended with the spoils evenly split between stocks rising, declining and ending unchanged at the close of the Trinidad and Tobago Stock Exchange on Tuesday, following the trading of 21 securities up from 16 on Monday, with prices of seven stocks rising, seven declining and seven ended firm following a 62 percent fall in the volume of stocks traded with the value surging 242 percent over that on Monday.

The market closed with trading of 104,402 shares valued at $2,827,691 compared to 277,593 stock units at $825,974 on Monday. An average of 4,972 shares were traded at $134,652 compared with 17,350 stock units at $51,623 on Monday, with trading month to date averaging 17,930 shares at $103,386 compared with 26,176 units at $83,492 on the previous day and an average for October of at 39,057 shares at $305,306.

The Composite Index popped 4.72 points to wrap up trading at 1,043.30, the All T&T Index rose 9.02 points to end at 1,571.78, the SME Index remained at 88.01 and the Cross-Listed Index gained 0.02 points to 66.88.
Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, Agostini’s remained at $62.45 with investors trading 226 stocks, Angostura Holdings ended at $16 with 38 units crossing the market, Ansa Merchant Bank declined 19 cents to end at $41 in an exchange of 12 shares. Calypso Macro Investment Fund lost 40 cents in closing at $23.60 with 857 stock units changing hands, First Citizens Group remained at $40.45 after 1,036 shares crossed the exchange, FirstCaribbean International Bank ended at $7.05 with investors trading 3,751 stocks. GraceKennedy dipped 1 cent to $3.59 with 1,270 stock units clearing the market, Guardian Holdings popped 99 cents in closing at $14.50 after 200 stock units changed hands, Guardian Media increased 8 cents to finish at $1.48 with 2 shares crossing the market. JMMB Group sank 3 cents and ended at $1.02 after an exchange of 800 units, L.J. Williams B share ended at $1.08 after the trading of 1,805 stocks, Massy Holdings skidded 4 cents to end at $3.65 as investors exchanged 6,696 stock units. National Flour Mills remained at $1.70 with a transfer of 25,750 shares, One Caribbean Media climbed 9 cents to $3 with investors swapping 570 stock units, Prestige Holdings rose 25 cents to end at a 52 weeks’ high of $10.75 in switching ownership of 9 stocks. Republic Financial advanced $1 to close at $113 with traders dealing in 21,718 units, Scotiabank gained $1.50 to finish at $58.50 in an exchange of 130 stocks, Trinidad & Tobago NGL fell 10 cents to a 52 weeks’ low of $4.50 with investors trading 24,316 shares. Trinidad Cement dropped 6 cents to $2.73 after an exchange of 20 units, Unilever Caribbean rallied 49 cents to end at $11.49 with investors dealing in 413 stock units and West Indian Tobacco remained at $6 after a transfer of 14,783 shares.

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

Rising stocks put TTSE higher


Rising stocks moved the Trinidad and Tobago Stock Exchange higher on Monday, resulting from trading in 16 securities compared with 17 on Friday and ending with prices of three rising, five declining and eight ending firm, following a 53 percent drop in the volume of stocks traded with 57 percent lower value than on Friday.

The market closed with trading of 277,593 shares for $825,974 up from 586,212 stocks at $1,929,348 on Friday.
An average of 17,350 shares were traded at $51,623 compared with 34,483 stock units at $113,491 on Friday, with trading month to date averaging 26,176 stocks at $83,492 compared with an average for October of 39,057 units at $305,306
The Composite Index climbed 2.59 points to end at 1,038.58, the All T&T Index rallied 5.32 points to finish at 1,562.76, the SME Index remained unchanged at 88.01 and the Cross-Listed Index slipped 0.05 points to settle at 66.86.
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, Agostini’s remained at $62.45 after 15 stock units passed through the market, Ansa McAl ended at $60 after an exchange of 37 shares, Calypso Macro Investment Fund popped 40 cents and ended at $24 with 901 stocks clearing the market. First Citizens Group increased 4 cents to end at $40.45 in an exchange of 2,914 units, FirstCaribbean International Bank lost 1 cent in closing at $7.05 with investors trading 4,499 shares, GraceKennedy remained at $3.60 in an exchange of 20 stock units. JMMB Group climbed 3 cents to $1.05 with traders dealing in 29 stocks, L.J. Williams B share sank 19 cents to end at a 52 weeks’ low of $1.08 in switching ownership of 7,929 units, Massy Holdings fell 1 cent in closing at $3.69 with 36,923 stocks crossing the market. National Enterprises dipped 1 cent and ended at $2.73 in trading 11 units, National Flour Mills ended at $1.70 after an exchange of 30 shares, NCB Financial remained at $2.15 with a transfer of 223,349 stock units. Prestige Holdings ended at $10.50 as investors exchanged 590 shares, Republic Financial ended at $112 with 112 units changing hands, Scotiabank shed $1.50 in closing at $57 with investors swapping 128 stocks and West Indian Tobacco remained at $6 and closed after an exchange of 106 stock units.

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

Another steady week for Trinidad stocks

In a holiday shortened week the Composite Index of the Trinidad and Tobago Stock Exchange closed the week higher, at the same time that the All Trinidad index slipped just over 1 point, with prices of 7 stocks falling and six rising.

Trading left the PE ratios of the majority of stocks to be attractively prices with big upside gains ahead.
The average PE ratio of the market is 9.8 versus 10.7 last week compared to 5.3 based on the current year’s earnings. The huge difference between the two shows the undervalued level of the market currently is and the extent of the upside that lies ahead.
The only winning stocks of note for the week are Scotiabank up $2.15 to $58.50, Unilever Caribbean with a gain of 75 cents and Guardian Holdings with a gain of 26 cents. Calypso Investment Fund lost 40 cents to close at $23.60 and LJ Williams lost 22 cents in closing at $1.27.
Stocks that could gain more than 100 percent when the market comes back to life, include, First Caribbean with a possible gain of 250 percent, but the high level of potential supply may stifle this stock from achieving its full potential, Guardian Holdings at 500 percent, Republic Holdings at 110 percent, Massy Holdings at 120 percent, Trinidad Cement with 270 percent, Eric Solis 400 percent and One Caribbean Media with 300 percent.