Falling stocks fill Trinidad Exchange


The Trinidad and Tobago Stock Exchange ended trading on Friday, with 21 securities changing compared to 20 on Thursday, with prices of four rising, eight declining and nine ending firm. Trading closed, with a 89 percent drop in the volume of stocks traded, with the value 73 percent less than on Thursday.

The market closed with trading of 71,295 shares for $845,273, down from 632,473 stocks at $3,084,241 on Thursday.
An average of 3,395 shares were traded at $40,251 compared with 31,624 stock units at $154,212 on Thursday, with trading month to date averaging 12,743 shares at $212,873 compared with 13,283 units at $222,832 on the previous day and an average for June of 21,123 shares at $212,612.
The Composite Index dipped by 1.77 points to close at 1,006.22, the All T&T Index sank 5.23 points to 1,455.14, the SME Index remained at 96.08 and the Cross-Listed Index gained 0.27 points to close at 73.63.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini shed 50 cents to finish trading at $66.50 with an exchange of 1,474 shares, Ansa McAl ended at $38.35 after trading of 75 stocks, CIBC Caribbean Bank climbed 6 cents in closing at $8.76, after 1,102 shares crossed the market. CinemaOne remained at $4.68 with traders dealing in 10 stock units, First Citizens Group rose 10 cents to $42 in an exchange of 2,739 stock units, GraceKennedy ended trading of 533 stocks at $3.69. Guardian Holdings sank 2 cents to $16, with 870 shares crossing the market, Guardian Media popped 5 cents to end at 90 cents in switching ownership of 82 units, JMMB Group dipped 1 cent in closing at $1.06 with investors trading 3,400 stock units. L.J. Williams B share sank 12 cents to finish at $1.08, with 385 shares changing hands, Massy Holdings ended at $3.94, with 22,511 units crossing the exchange. National Enterprises remained at $2.10 after a transfer of 8,055 stocks. National Flour Mills gained 4 cents to $1.64, after 6,152 stock units passed through the market, NCB Financial ended at $1.93 in an exchange of 5,000 shares, Point Lisas remained at $3.75, with 70 units clearing the market. Prestige Holdings dipped 3 cents in closing at $13.20 after an exchange of 1,500 stocks, Republic Financial lost 25 cents to finish at $110.25 and closed with an exchange of 1,457 stock units, Scotiabank skidded 25 cents and ended at $50.25 with investors trading 4,624 shares. Trinidad Cement ended at $2.10 after an exchange of 104 stocks, Unilever Caribbean fell $1 to finish at $13 with investors dealing in 1,500 units and West Indian Tobacco remained at $4.70 with a transfer of 9,652 stock units.

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

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Trading jumps on Trinidad Stock Exchange


Stocks rose and fell in equal numbers when trading ended on the Trinidad and Tobago Stock Exchange on Thursday, following trading in 20 securities, the same as Wednesday, resulting in prices of six stocks rising, six declining and eight ended firm, with the volume of stocks traded rising 253 percent, valued 147 percent more than the prior day.

The market closed with trading of 632,473 shares for $3,084,241 compared to 179,262 stock units at $1,249,341 on Wednesday.
An average of 31,624 shares were traded at $154,212, up sharply from 8,963 units at $62,467 on Wednesday, with trading month to date averaging 13,283 shares at $222,832 compared with 12,216 units at $226,822 on the previous day and an average for June of 21,123 shares at $212,612.
The Composite Index climbed 2.01 points to 1,007.99, the All T&T Index declined 0.12 points to 1,460.37, the SME Index remained at 96.08 and the Cross-Listed Index gained 0.60 points to close trading at 73.36.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of a day of increased trading, Angostura Holdings fell 1 cent to $14.06, with investors trading 90 shares, Ansa McAl remained at $38.35 and closed after 838 units were traded, Ansa Merchant Bank advanced $4.99 to close at $38.99, with just one stock clearing the market. CIBC Caribbean Bank ended at $8.70 in an exchange of 10 shares, Eric Solis Marketing lost 15 cents in closing at $4 with investors dealing in 8 stock units, First Citizens Group sank 9 cents to finish at $41.90, with 876 shares crossing the market. GraceKennedy ended at $3.69 with traders dealing in 26 stocks, Guardian Holdings rose 2 cents to $16.02, with 8,761 units crossing the market, JMMB Group rallied 1 cent to end at $1.07 with an exchange of 3 stock units. Massy Holdings popped 4 cents in closing at $3.94, with 493,530 shares changing hands, Medcorp dipped 50 cents to finish at $52.50, with 90 stocks crossing the exchange. National Flour Mills sank 5 cents to close at $1.60 with investors trading 9,216 units. NCB Financial remained at $1.93 after an exchange of 103,051 stock units, Prestige Holdings remained at $13.23 with investors swapping 1,051 shares, Republic Financial ended at $110.50 after an exchange of 5,773 units. Scotiabank remained at $50.50 in trading 233 stocks, Trinidad & Tobago NGL dropped 3 cents in closing at $3.62, with 1,500 stock units that passed through the market, Trinidad Cement ended at $2.10 as investors exchanged 12 shares. Unilever Caribbean climbed 77 cents to $14 in switching ownership of 2,000 stock units and West Indian Tobacco increased 20 cents in closing at $4.70 after a transfer of 5,404 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Mixed trading on Trinidad Exchange


Stocks ended with mixed results on the Trinidad and Tobago Stock Exchange on Wednesday, with the volume of stocks traded rising 18 percent, while the value was 40 percent lower than on Tuesday, resulting in 20 securities trading compared with 21 on Tuesday and ending with prices of five stocks rising, six declining and nine ending firm.

The market closed with trading of 179,262 shares for $1,249,341 compared to 151,671 stock units at $2,066,610 on Tuesday.
An average of 8,963 shares were traded at $62,467 compared with 7,222 stock units at $98,410 on Tuesday. Ttrading for the month to date averages 12,216 shares at $226,822, down from 12,417 units at $236,967 on the previous day and an average for June of 21,123 shares at $212,612.
The Composite Index popped 0.47 points to finish at 1,005.98, the All T&T Index rose 2.72 points to close trading at 1,460.49, the SME Index remained unchanged at 96.08 and the Cross-Listed Index dipped 0.27 points to 72.76.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and five with lower offers.
At the close, Agostini dropped 25 cents in closing at $67 after 62 shares passed through the market, Angostura Holdings shed 68 cents in closing at $14.07, with a transfer of 26 stocks, Ansa McAl advanced 35 cents to end at $38.35, with 34 shares crossing the market. Calypso Macro Investment Fund popped 15 cents to end at $22.30 with an exchange of 800 units, CIBC Caribbean Bank remained at $8.70, with 116 stocks crossing the market, First Citizens Group increased 19 cents to finish at $41.99 after an exchange of 394 units. GraceKennedy ended at $3.69 after trading of 10,293 stocks, Guardian Holdings sank 85 cents to close at $16 with a transfer of 4,504 shares, Guardian Media dipped 12 cents to finish at a 52 week low of 85 cents, with 4 stock units clearing the market. JMMB Group remained at $1.06 with traders dealing in 10,000 shares, L.J. Williams B share ended at $1.20 after an exchange of a mere one stock unit, Massy Holdings remained at $3.90 with investors dealing in 69,542 units. National Enterprises ended at $2.10, with 18,783 shares changing hands, National Flour Mills ended at $1.65, with investors trading 595 units, NCB Financial climbed 8 cents to finish at $1.93 after it closed, with an exchange of 27,154 stocks. One Caribbean Media fell 1 cent and ended at a 52 week low of $2.24 after investors traded 96 shares, Republic Financial rose 40 cents to end at $110.50 in trading 4,744 stock units, Scotiabank skidded 1 cent to close at $50.50, with 1,221 shares crossing the exchange. Trinidad Cement remained at $2.10 with investors swapping 115 units and West Indian Tobacco ended at $4.50 in an exchange of 30,778 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Winning stocks battered losers on the TTSE


Stocks mostly gained at the close of trading on the Trinidad and Tobago Stock Exchange on Monday, following a 74 percent rise in the volume of stocks traded, with the value jumping 162 percent more than on Friday, resulting in 19 securities trading compared with 21 on Friday and ending with prices of seven stocks rising, four declining and eight ending firm.

The market closed with trading of 304,929 shares for $5,326,660 compared to 175,746 stock units at $2,036,605 on Friday.
An average of 16,049 shares were traded at $280,351 compared with 8,369 units at $96,981 on Friday. Trading for the month to date ended at an average of 12,777 shares at $246,526 compared with 12,558 units at $244,263 on the prior trading day after an average for June, with 21,123 shares at $212,612.
The Composite Index shed 0.86 points to close at 1,016.92, the All T&T Index declined 6.87 points to finish at 1,479.83, the SME Index remained unchanged at 96.08 and the Cross-Listed Index gained 0.78 points to conclude trading at 73.03.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of the market, Agostini ended at $67 with investors dealing in 100 shares, Ansa McAl remained at $41.99, with 494 stocks crossing the exchange, CIBC Caribbean Bank popped 10 cents to end at a 52 week high of $8.70 in switching ownership of 200 shares. First Citizens Group ended at $42 after 95,392 units crossed the market, GraceKennedy rallied 10 cents and ended at $3.69 in an exchange of 149,800 units, Guardian Holdings remained at $16.85 with trading in 558 shares. JMMB Group ended at $1.06 after 10,274 stocks were traded Massy Holdings dipped 5 cents to $3.90 with a transfer of 14,499 units, Medcorp remained at $54 after an exchange of 5 stocks. National Enterprises lost 4 cents in closing at $2.06 with investors swapping 250 units, National Flour Mills ended at $1.65 with an exchange of 3,190 stocks, One Caribbean Media remained at $2.25 after trading 233 shares. Point Lisas rose 15 cents to close at a 52 week high of $3.75, with 158 stock units changing hands, Prestige Holdings climbed 24 cents in closing at a 52 week high of $13.23 in trading 16,703 shares, Republic Financial skidded $1 and ended at $111 after a transfer of 3,688 units. Scotiabank sank 75 cents to close at a 52 week low of $50.25, with 48 stocks crossing the market, Trinidad & Tobago NGL increased 1 cent to end at $3.62 with investors trading 3,289 stock units, Unilever Caribbean advanced 20 cents to finish at $13.75 in an exchange of 205 shares and West Indian Tobacco popped 10 cents to $4.60 and closed with an 5,843 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Medcorp jumped $7 to record high on TTSE


Medcorp jumped $7 to a record high of $54, with a 15 percent rise on Friday and nearly 13 percent since listing just two weeks ago, to be the leading price mover on the Trinidad and Tobago Stock Exchange and contributing to trading of 21 securities compared with 18 on Thursday and ending with prices of six stocks rising, seven declining and eight ended firm.

The market closed with the volume of stocks traded surging 145 percent valued at 365 percent over Thursday, to end with trading of 175,746 shares for $2,036,605, up from 71,632 stock $437,925 on Thursday.
An average of 8,369 shares were traded at $96,981, rising from 3,980 stock units at $24,329 on Thursday, with trading month to date averaging 12,558 shares at $244,263 compared with 12,893 units at $256,023 on the previous day and an average for June of 21,123 shares at $212,612.
The Composite Index gained 0.03 points to close 1,017.78, the All T&T Index advanced 1.26 points to close at 1,486.70, the SME Index remained unchanged at 96.08 and the Cross-Listed Index sank 0.18 points to cease trading at 72.25.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of trading, Agostini ended at $67 in an exchange of 150 shares, Angostura Holdings closed at $14.75 with investors trading 25 stock units, Ansa McAl slipped 1 cent to close at a 52 week low of $41.99 with traders switching ownership of 46 shares. CIBC Caribbean Bank remained at $8.60 after a transfer of 4,299 stocks, First Citizens Group shed 15 cents in closing at $42 with 4,427 stock units crossing the market, GraceKennedy sank 6 cents and ended at $3.59 in an exchange of 354 shares. Guardian Holdings ended at $16.85 with traders dealing in 135 stocks, JMMB Group ended at $1.06 after an exchange of 14,809 units, Massy Holdings remained at $3.95 with investors dealing in 60,120 stock units. Medcorp rallied $7 to finish at a record high of $54, with trading of a mere 5 shares, National Enterprises popped 5 cents to end at $2.10 with an exchange of 4,710 stock units, National Flour Mills gained 1 cent in closing at $1.65 with 59,645 stocks clearing the market. NCB Financial ended at $1.85 with investors swapping 1,500 units, One Caribbean Media rose 1 cent in closing at $2.25 with 197 stocks crossing the market, Prestige Holdings dropped 1 cent to finish at $12.99 in trading 10,975 shares. Republic Financial fell 10 cents and ended at $112, with 11,256 stock units, Scotiabank climbed 50 cents to end at $51 as investors exchanged 186 units, Trinidad & Tobago NGL remained at $3.61 as traders passed 120 shares through the market. Trinidad Cement slipped 7 cents to $2.03 with investors trading 445 stocks, Unilever Caribbean sank 45 cents to finish at $13.55 with 1,000 units crossing the exchange and West Indian Tobacco increased 20 cents and ended at $4.50 with 1,342 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Mixed trading on Trinidad Exchange


Mixed results characterised activities on the Trinidad and Tobago Stock Exchange on Thursday, following trading in 18 securities, compared with 20 on Wednesday and ending with prices of six stocks rising, seven declining and five ending firm. Trading resulted in a 90 percent decline in the volume of stocks exchanged, with the value 89 percent less than on Wednesday.

The market closed with trading of 71,632 shares valued, $437,925 compared to 736,736 stock units at $3,967,681 on Wednesday.
An average of 3,980 shares were traded at $24,329, down from 36,837 units worth $198,384 on Wednesday, with trading month to date averaging 12,893 shares at $256,032, below the 13,547 units at $273,046 on the previous day, compared with an average for June of 21,123 shares with a value of $212,612.
The Composite Index advanced 5.40 points to settle at 1,017.75, the All T&T Index rallied 1.24 points to 1,485.44, the SME Index remained unchanged at 96.08 and the Cross-Listed Index popped 1.38 points to close at 72.43.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, Angostura Holdings declined 5 cents and ended at $14.75 with 300 shares crossing the market, Ansa McAl ended at $42 after investors exchanged 116 stock units, CIBC Caribbean Bank climbed 20 cents to $8.60 after 2,972 shares passed through the market. First Citizens Group lost 35 cents in closing at $42.15 with a transfer of 557 stocks, GraceKennedy sank 3 cents to finish at $3.65 with 1,350 units clearing the market, Guardian Holdings remained at $16.85 in switching ownership of 12 stocks. JMMB Group remained at $1.06 in trading 12,715 units, Massy Holdings dipped 2 cents to finish at $3.95 with investors dealing in 15,023 shares, National Flour Mills increased 1 cent and ended at $1.64 in an exchange of 6,091 stock units. NCB Financial sank 9 cents to end at a 52 week low of $1.85 with investors trading 9,500 shares, One Caribbean Media skidded 26 cents in closing at a 52 week low of $2.24 and closed with 248 stocks changing hands, Prestige Holdings fell 40 cents to close at $13 in trading 1,871 units. Republic Financial popped 10 cents to $112.10, with 270 stock units changing hands, Scotiabank ended at $50.50, with investors trading 2,715 shares, Trinidad & Tobago NGL advanced 1 cent and ended at $3.61 in an exchange of 520 units. Trinidad Cement rose 7 cents to end at $2.10 with traders dealing in 2 stocks, Unilever Caribbean remained at $14 after an exchange of 540 stock units and West Indian Tobacco rallied 10 cents to finish at $4.30 with investors swapping 16,830 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Declining stocks dominate on Trinidad Exchange


Declining stocks outpaced risers, at the close of the Trinidad and Tobago Stock Exchange on Wednesday, resulting in 20 securities trading compared with 18 on Tuesday and ending with prices of four rising, eight declining and eight ending firm, following a 432 percent surge in the volume traded, valued 69 percent more than on Tuesday.

The market closed with trading of 736,736 shares for $3,967,681 compared to 138,481 stock units at $2,344,902 on Tuesday.
An average of 36,837 shares were traded at $198,384, up from 7,693 stock units at $130,272 on Tuesday, with trading month to date averaging 13,547 shares at $273,046 within the range of 11,477 units at $279,682 on the previous day and an average for June of 21,123 shares at $212,612.
The Composite Index slipped 4.53 points to wrap up trading at 1,012.35, the All T&T Index sank 1.96 points to 1,484.20, the SME Index climbed 4.68 points to end at 96.08 and the Cross-Listed Index sank 1.02 points to 71.05.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Agostini increased by 50 cents in ending at $67 after an exchange of 26 shares, Ansa McAl ended at $42, after 696 units passed through the market. CIBC Caribbean Bank skidded 20 cents to $8.40 with traders dealing in 500 shares. Endeavour Holdings rose 10 cents to end at a 52 week high of $19.10 as investors exchanged 600 stock units, First Citizens Group remained at $42.50 with 725 stocks clearing the market, GraceKennedy popped 18 cents and ended at $3.68 in switching ownership of 40 units. Guardian Holdings fell 2 cents to $16.85 with investors swapping 43,867 shares, JMMB Group sank 1 cent to end at $1.06 after a transfer of 11,800 stock units, Massy Holdings lost 3 cents in closing at $3.97 after an exchange of 99,244 stocks. Medcorp remained at $47 with a transfer of 430 units, National Enterprises gained 3 cents to finish at $2.05 following 7,000 shares passing through the market, National Flour Mills ended at $1.63 with an exchange of 100 shares. One Caribbean Media dropped 9 cents to a 52 week low of $2.50 with investors trading 10 stock units, Prestige Holdings shed 10 cents to close at $13.40 in an exchange of 3,823 shares, Republic Financial ended at $112 with investors trading 4,805 units. Scotiabank remained at $50.50 after closing trading of 80 stocks, Trinidad & Tobago NGL remained at $3.60 with investors dealing in 545,305 stock units, Trinidad Cement declined 2 cents and ended at a 52 week low of $2.03, with 5,500 shares crossing the market. Unilever Caribbean sank 15 cents to $14 in an exchange of 9,973 units and West Indian Tobacco ended at $4.20, with 2,212 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Fall for Trinidad Stock Exchange


Trading ended with the Trinidad and Tobago Stock Exchange declining on Tuesday, following trading of 18 securities compared with 22 on Monday and ending with prices of five rising, six declining and seven ending firm. The volume of stocks traded dropped by 45 percent, valued at 45 percent more than on Monday.

The market closed with trading of 138,481 shares for $2,344,902 compared to 252,431 stock units at $1,518,876 on Monday.
An average of 7,693 shares were traded at $130,272 compared with 11,474 units at $69,040 on Monday, with trading month to date averaging 11,477 shares at $279,682 compared with 11,806 units at $292,674 on the previous day and an average for June of 21,123 shares at $212,612.
The Composite Index shed 3.07 points to conclude trading at 1,016.88, the All T&T Index slipped 4.11 points to wrap up trading at 1,486.16, the SME Index remained unchanged at 91.40 and the Cross-Listed Index slipped 0.27 points to conclude trading at 72.07.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of the market on Tuesday, Agostini shed 50 cents to end at $66.50 after a transfer of 296 shares, Angostura Holdings popped 55 cents in closing at $14.80 as investors exchanged 4,946 units, Ansa McAl ended at $42 after trading of 101 shares. Ansa Merchant Bank sank $1 to close at a 52 week low of $38 with an exchange of 38 stock units, CIBC Caribbean Bank remained at $8.60 with 100 stocks clearing the market, First Citizens Group gained 50 cents to finish at $42.50 in an exchange of 2,665 shares. GraceKennedy skidded 22 cents and ended at $3.50 with investors trading 3,561 units, Guardian Holdings ended at $16.87, with 1,144 stocks crossing the market, Guardian Media remained at 97 cents in trading 5 stock units. JMMB Group ended at $1.07, with 403 shares crossing the exchange, Massy Holdings rose 5 cents to end at $4 with traders dealing in 46,858 stocks, Medcorp rallied $1 to finish at $47 in switching ownership of 5 units. National Enterprises increased 2 cents to $2.02 with investors dealing in 26,787 stock units, Prestige Holdings remained at $13.50 with a transfer of 35,506 shares, Republic Financial lost 3 cents and ended at $112 after an exchange of 11,708 stock units. Scotiabank ended at $50.50 with investors trading 1,102 stocks, Unilever Caribbean sank 26 cents in closing at $14.15, after 145 units passed through the market and West Indian Tobacco fell 30 cents to close at a 52 week low of $4.20 closed after 3,111 stocks were traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Medcorp jumps $7.20 in Trinidad & Tobago


The recently listed Medcorp, jumped $7.20 to top the numerous price movements on the Trinidad and Tobago Stock Exchange on Monday, as it recovered most of the $8.50 loss on Friday, following trading in 22 securities compared to 23 previously. One stock closed at 52 week high and 3 at 52 week low. At the close, prices of nine stocks rose, eight declined, and five ended firm, following a 13 percent fall in the volume of stocks that changed hands, with a 94 percent lower value than on Friday.

The market closed with trading of 252,431 shares for $1,518,876 compared to 288,786 stock units at $26,270,660 on Friday.
An average of 11,474 shares were traded at $69,040, down from 12,556 units at $1,142,203 on Friday, with trading month to date averaging 11,808 shares at $291,674, in line with 11,846 units at $319,269 on the previous day and an average for June of 21,123 shares at $212,612.
The Composite Index lost 0.94 points to end at 1,019.95, the All T&T Index fell 2.21 points to 1,490.27, the SME Index increased by 0.07 points to wrap up trading at 91.40 and the Cross-Listed Index popped 0.06 points to settle at 72.34.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Agostini remained at $67 with a transfer of just one share, Angostura Holdings slipped 45 cents to $14.25, with 1,758 units crossing the market, Ansa McAl lost 50 cents to finish at a 52 week low of $42 with traders dealing in 46 shares. Calypso Macro Investment Fund ended at $22.15 in switching ownership of 22 stock units, First Citizens Group declined 5 cents to end at $42 with investors trading 330 stocks, GraceKennedy rallied 2 cents to $3.72 in an exchange of 106 units. Guardian Holdings rose 2 cents to $16.87 with investors swapping 328 stocks, Guardian Media remained at 97 cents after an exchange of only one share, JMMB Group closed at $1.07 after gaining 1 cent to end, with 25,719 stock units changing hands. Massy Holdings slipped 1 cent in closing at $3.95, after 2,499 shares passed through the market. Medcorp popped $5.20 to close at $46 in an exchange of 8,150 stocks, National Enterprises slipped 1 cent to a 52 week low of $2 and closed with an exchange of 13,354 units. National Flour Mills lost 1 cent and ended at $1.63 after a transfer of 254 stock units, NCB Financial advanced 14 cents to $1.94 with investors trading just one share, One Caribbean Media increased 9 cents to end at $2.59, with 151 stock units crossing the exchange. Prestige Holdings climbed 50 cents in closing at a 52 week high of $13.50 with investors dealing in 20,155 stock units, Republic Financial popped 3 cents to close at $112.03 after an exchange of 1,215 units, Scotiabank ended at $50.50 in trading 520 shares. Trinidad & Tobago NGL dropped 5 cents to $3.60, with 174,730 units crossing the market, Trinidad Cement remained at $2.05 with an exchange of 2,700 stocks, Unilever Caribbean climbed 39 cents and ended at $14.41 with 217 stock units clearing the market and West Indian Tobacco fell 15 cents to end at a 52 week low $4.50 as investors exchanged 174 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated. unit

Medcorp drops 15% listing on T&TSE


Twelve stocks declined on the Trinidad and Tobago Stock Exchange this past week, including newly listed Medcorp, dropping $7.20, down 15 percent from its IPO price of $48, while five gained, similar to the previous week.

The financial sector continues the negative movement, with three stocks declining and just one rising during the week. All stocks in the Conglomerate sector declined and four in the Manufacturing sector, with the price of one rising marginally.
Big movers in the past week, Ansa McAl with a fall of $1 to $42.50, One Caribbean Media fell 36 cents to $2.24 and Scotiabank lost 85 cents to close at $50.50, First Citizens Bank down 45 cents to $42.05, Unilever Caribbean fell by 38 cents to $14.02 and Point Lisas fell 40 cents to $3.60.
Agostini climbed 50 cents to $67 and CIBC Caribbean Bank gained 30 cents to $8.60.
At the week’s close, the average PE ratio of the market ended at 18.7, based on 2024 earnings and 12.5, based on 2025 estimated earnings, suggesting a 50 percent potential gain for stocks in 2025/26.

Stocks with the potential to gain 100 percent or more when the market comes back to life, include CIBC Caribbean Bank which could rise 180 percent, Guardian Holdings, a 370 percent potential gain, Medcorp, 230 percent, Republic Holdings at 140 percent, First Citizens Bank 85 percent, Trinidad Cement with 275 percent, Eric Solis with a 190 percent potential gain and One Caribbean Media with 360 percent.

Investors should watch Massy Holdings, with a 50 percent potential gain, Prestige Holdings, which could gain 60 percent and Scotiabank with the potential of a 55 percent gain.