At the close of trading on the Trinidad and Tobago Stock Exchange on Thursday, winning and losing stocks were equal in numbers following trading in 19 securities compared with 17 on Wednesday and ending with prices of seven rising, seven declining, including 3 that closed at 52 weeks’ low and five ending firm, resulting in the volume of stocks traded declining 96 percent valued 80 percent less than on Wednesday.
The market closed with trading of 44,488 shares for $1,014,698, drastically down from 1,194,994 stock units for $5,097,202 on Wednesday.
An average of 2,341 shares were exchanged at $53,405 well below 70,294 units at $299,835 on Wednesday. Trading month to date averages 34,430 shares at $169,771 versus an average of 22,005 shares at $200,032 in February.
The Composite Index fell 0.69 points to settle at 1,064.88, the All T&T Index dropped 1.33 points to close at 1,567.36, the SME Index remained at 96.65 and the Cross-Listed Index was unchanged at 73.79.
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 of a shortened week for trading, Agostini’s remained at $68 after an exchange of 9,998 stocks, Angostura Holdings rose 30 cents to $14.80 with investors trading 25 stock units, Ansa McAl closed at $57.99 after a transfer of 17 shares. Endeavour Holdings declined $1 in closing at $19 after an exchange of 75 stock units, First Citizens Group sank $1.12 to end at $41 with 3,231 shares being traded, GraceKennedy rose 1 cent to finish at $3.69 with investors dealing in 90 stock units. Guardian Holdings ended at $14.90 with 900 units crossing the exchange, JMMB Group dropped 1 cent to finish at a 52 weeks’ low of $1.07 with investors trading 47 stocks, Massy Holdings sank 1 cent in closing at $3.95 with an exchange of 2,960 shares. National Enterprises gained 8 cents to finish at $2.69 with 105 units clearing the market, National Flour Mills remained at $1.70 with traders dealing in 20 stocks, 
One Caribbean Media popped 13 cents to close at $2.85 after an exchange of 4,413 stock units. Prestige Holdings remained at $11.15 with a transfer of 50 shares, Republic Financial dipped 2 cents in closing at $113.50 with investors swapping 513 units, Scotiabank increased 6 cents and ended at $54.16 in an exchange of 86 stocks. Trinidad & Tobago NGL fell 5 cents to close at a 52 weeks’ low of $4.25 with 12,163 stock units changing hands, Trinidad Cement rallied 4 cents to finish at $2.49 in trading 3,900 shares, Unilever Caribbean advanced 34 cents to end at $11.19 with 569 stocks crossing the market and West Indian Tobacco slipped 3 cents to a 52 weeks’ low of $5.52 as investors exchanged 5,326 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with trading of 1,194,994 shares for $5,097,202 up from 285,224 stocks at $1,898,467 on Friday.
CIBC Caribbean Bank ended at $8 and closed after an exchange of 1,909 stock units, First Citizens Group rose 62 cents to close at $42.12 with investors dealing in 815 shares, GraceKennedy slipped 1 cent to finish at $3.68 after an exchange of 100,010 units. Massy Holdings climbed 7 cents and ended at $3.96 with 1,001,227 stocks clearing the market, National Enterprises fell 8 cents to $2.61 after a transfer of 23,218 units, NCB Financial ended at $2.39 in switching ownership of 53,317 shares. One Caribbean Media fell 13 cents to end at $2.72 as investors exchanged 15 units, Point Lisas slipped 1 cent to close at $3.20 after trading 5,110 stocks, 
Prestige Holdings remained at $11.15 after an exchange of 103 stock units. Republic Financial ended at $113.52 with 4,751 shares changing hands, Scotiabank ended at $54.10 with traders dealing in 33 stocks, Trinidad & Tobago NGL lost 21 cents to close at a 52 weeks’ low of $4.30 after 2,313 units passed through the market. Unilever Caribbean shed 34 cents to finish at $10.85 with 461 stock units crossing the exchange and West Indian Tobacco ended at $5.55 with investors trading 1,135 shares.
There is no trading on the Trinidad and Tobago Stock Exchange is Monday March 3 and on the following day as the country celebrates with Carnival activities on both days. 
The market closed with trading of 285,224 shares for $1,898,467 well above the 86,769 stock units at $684,762 on Thursday.
At the close of the last trading day of the month, Agostini’s climbed 19 cents to end at $68.19 with an exchange of 72 stocks, Angostura Holdings rose $1 to end at $14.50 in the trading of 80 units, Calypso Macro Investment Fund sank 40 cents to $23.60 with a transfer of 80 shares. CIBC Caribbean Bank ended trading at $8 with investors trading 2,954 stocks, CinemaOne slipped 72 cents to finish at $4.68 in an exchange of just 2 shares, First Citizens Group rallied 50 cents to close at $41.50 with investors dealing in 1,197 units. GraceKennedy ended at $3.69 and closed after 2,653 stocks were traded, Guardian Holdings ended at $14.90 after a transfer of 1,060 stock units, Guardian Media rallied 1 cent and ended at $1.12 with a mere 2 shares crossing the market. JMMB Group remained at $1.08 with traders dealing in 301 stocks, L.J. Williams B share popped 6 cents to close at 81 cents with 155 units changing hands, Massy Holdings remained at $3.89 after 201,761 stock units passed through the market. 
National Enterprises lost 3 cents in closing at $2.69 in trading 8,435 shares, National Flour Mills advanced 2 cents to $1.70 with 880 units clearing the market, One Caribbean Media ended at $2.85 with investors trading 29,752 stocks. Prestige Holdings closed at $11.15 in an exchange of 87 stocks, Republic Financial ended at $113.52 with investors trading 6,712 shares, Scotiabank skidded $1.55 to end at $54.10 after an exchange of 30 shares. Trinidad & Tobago NGL sank 14 cents in closing at a 52 weeks’ low of $4.51 with 28,672 stocks crossing the market, Unilever Caribbean ended at $11.19 as investors exchanged 4 units and West Indian Tobacco remained at $5.55 in switching ownership of 335 shares.
The market closed with trading of 86,769 shares for $684,762 well off from the 244,787 stock units trading at $3,084,120 on Wednesday.
Fresh from reduced trading activity, Agostini’s ended at $68 in an exchange of 304 shares, Ansa McAl slipped 1 cent to $57.99 with 11 stocks clearing the market, Calypso Macro Investment Fund rose 40 cents to end at 52 weeks’ high of $24 after investors exchanged just 4 shares. First Citizens Group remained at $41 with a transfer of 3,891 stock units, L.J. Williams B share ended at 75 cents with 48,173 shares crossing the exchange, Massy Holdings remained at $3.89 in trading 346 units. National Enterprises climbed 7 cents to $2.72 after 6,484 stocks passed through the market, NCB Financial ended at $2.39 after an exchange of 2,100 stock units, Prestige Holdings sank 15 cents to finish at $11.15 in trading 1,386 shares. 
Republic Financial rose 2 cents in closing at $113.52 with an exchange of 2,550 stock units, Scotiabank rallied $1.63 to close at $55.65 with 427 stocks changing hands, Trinidad & Tobago NGL remained at $4.65 after a transfer of 4,000 stock units. Trinidad Cement popped 10 cents to end at $2.45 with 100 shares crossing the market, Unilever Caribbean gained 38 cents to end at $11.19 after an exchange of 20 stock units and West Indian Tobacco advanced 2 cents in closing at $5.55 with 16,973 units changing hands.
The market closed with trading of 162,652 shares at $2,206,402 down from 180,350 stocks at $3,075,555 on Friday. An average of 10,843 shares were traded at $147,093 up from 8,198 units at $139,798 on Friday, with trading for the month to date averaging 14,424 shares at $152,839 that is in line with 14,618 units at $153,151 on the previous day and an average for January of 17,669 shares at $153,409.
At the close of trading, Ansa McAl remained at $58 in an exchange of a mere 10 shares, Calypso Macro Investment Fund dropped 15 cents to $23.60 with traders dealing in 1,207 stock units, CIBC Caribbean Bank sank 35 cents to close at $7.80 with 3,267 shares changing hands. First Citizens popped 35 cents to end at $42 with investors trading 27,364 stocks, Guardian Holdings skidded 1 cent to end at $14.89 after an exchange of 39,986 shares, JMMB Group ended at $1.06 with a transfer of 1,000 stocks. Massy Holdings remained at $3.87 with investors trading 59,997 units, National Enterprises ended at $2.62 in switching ownership of 13,872 stock units, National Flour Mills gained 1 cent in ending at $1.70 after a transfer of 5,784 shares. 
NCB Financial slipped 1 cent in closing at $2.38 after trading of 5,000 stocks, Prestige Holdings ended at $11.30 with 2,006 units clearing the market, Republic Financial declined 1 cent to finish at $113.50 with investors dealing in 126 stock units. Scotiabank remained at $54.06 and with an exchange of 1,328 shares, Trinidad & Tobago NGL ended at $4.65 as investors traded 1,560 stocks and Unilever Caribbean closed at $10.81 after 145 units passed through the market.
The average PE ratio of the market closed at 7.7 based on 2023 earnings compared to 7.36 last week and 5.54 based on estimates of the 2024 earnings. The difference graphically illustrates the market’s current undervalued level and the potential gains ahead.
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 severely undervalued Guardian Holdings, with a 430 percent potential, Republic Holdings at 135 percent, First Citizens Bank 100 percent, Massy Holdings 50 percent, Trinidad Cement with 350 percent. Eric Solis with a 90 percent potential gain and One Caribbean Media with 315 percent.
The market closed with trading of 180,350 shares valued at $3,075,555 compared with 269,573 stock units at $2,493,607 on Thursday. An average of 8,198 shares were exchanged at $139,798 down from 16,848 units at $155,850 on Thursday. Trading for the month to date ended with an average of 14,618 shares at $153,151 in line with 15,169 stock units at $154,300 previously and an average of 17,669 shares at $153,409 in 
Calypso Macro Investment Fund remained at $23.75 after trading in 22 stock units, CIBC Caribbean Bank popped 20 cents to finish at $8.15 with 280 shares crossing the market, First Citizens Group shed 23 cents and ended at $41.65 as investors exchanged 2,268 stocks. GraceKennedy ended at $3.68 in trading 2,410 stock units, Guardian Holdings closed at $14.90 after an exchange of just 32 units, Guardian Media gained 1 cent and ended at $1.11 with 972 shares crossing the market. JMMB Group remained at $1.06 after a transfer of 444 stock units, Massy Holdings closed the week at $3.87 with investors trading 127,787 stocks, National Enterprises climbed 1 cent to close at $2.62 with an exchange of 830 units. National Flour Mills ended at $1.69 with 810 stocks clearing the market, NCB Financial ended at $2.39 with investors swapping 700 shares, 
One Caribbean Media ended at $2.85 after an exchange of 800 stock units. Point Lisas gained 1 cent in closing at $3.21 with investors trading 100 units, Prestige Holdings popped 20 cents to close at $11.30 in switching ownership of 2,368 shares, Republic Financial ended at $113.51 after the trading of 11,081 units. Scotiabank closed Friday at $54.06 after an exchange of 7,918 stocks, Trinidad & Tobago NGL ended at $4.65 with investors trading 2,200 stocks, Unilever Caribbean sank 2 cents to finish at $10.81 in an exchange of 763 shares and West Indian Tobacco remained at $5.53 with traders dealing in 8,213 stocks.
The market closed with trading of 269,573 shares valued $2,493,607 compared to 358,721 stock units at $7,640,936 on Wednesday.
At the close of market activities, Angostura Holdings ended trading at $13.50 with an exchange of 5,150 shares, Ansa McAl remained at $58 with traders dealing in 3,064 stocks, Calypso Macro Investment Fund ended at $23.75 with 50 shares clearing the market. First Citizens Group declined 12 cents in closing at $41.88 with 
National Enterprises declined 1 cent to end at $2.61 with investors trading 2,065 stock units, Prestige Holdings shed 20 cents in closing at $11.10 in an exchange of 1,585 stocks, Republic Financial rose 1 cent to close at $113.51 with investors dealing in 8,608 units. Scotiabank closed at $54.06 in switching ownership of 5,234 shares, Trinidad Cement rallied 11 cents to end at $2.31 with 4,524 units crossing the market, Unilever Caribbean sank 19 cents in closing at $10.83 in an exchange of 1,457 stocks and West Indian Tobacco ended at $5.53 with 745 stock units changing hands.
The market closed with trading of 358,721 shares at $7,640,936 up from 179,912 stock units at $2,445,820 on Tuesday. An average of 15,597 shares were traded at $332,215 well above the 11,245 units changing hands at $152,864 on Tuesday. Trading for the month to date averaged 15,057 shares at $154,192 compared to 15,000 units at $135,322 on the previous day and an average for January of 17,669 shares at $153,409.
Ansa Merchant Bank closed at $40.05 with 1,000 stocks changing hands, Calypso Macro Investment Fund ended at $23.75 with investors trading 5 shares, CIBC Caribbean lost 5 cents in closing at $7.95 with 4,782 stock units changing hands. Endeavour Holdings rallied $1 to close at a 52 weeks’ high of $20 with investors trading just 10 units, First Citizens Group rose 50 cents to finish at $42 after an exchange of 7,333 stock units, GraceKennedy ended at $3.69 after trading of 4,438 shares. Guardian Holdings remained at $14.90 with 503 stock units clearing the market, Guardian Media dipped 1 cent in closing at $1.10 in an exchange of 3,397 units, JMMB Group remained at $1.04 with 13,299 stocks crossing the market. Massy Holdings sank 4 cents in closing at $3.90 in switching ownership of 243,039 shares, National Enterprises popped 1 cent to end at $2.62 with traders dealing in 1,725 stock units, National Flour Mills rallied 4 cents to finish at $1.69 in an exchange of 4,000 stocks. One Caribbean Media ended at $2.85 after trading 2 units, 
Point Lisas fell 8 cents to close at $3.20 with an exchange of 415 shares, Prestige Holdings increased by 30 cents to end at $11.30 after 3,005 stocks passed through the market. Republic Financial climbed 19 cents to $113.50 with investors swapping 52,101 units, Scotiabank declined $1.74 to finish at a 52 weeks’ low of $54.06 with a transfer of 483 stock units, Trinidad & Tobago NGL ended at $4.65 as investors exchanged 674 shares. Trinidad Cement shed 10 cents in closing at a 52 weeks’ low of $2.20 after a transfer of 13,876 stock units and Unilever Caribbean remained at $11.02 after an exchange of 376 stocks.