Bank stocks plunged in the week on T&TSE


All the banking stocks suffered big decline on the Trinidad and Tobago Stock Exchange this week, with First Citizens Bank dropping $1 to $42.50, Scotiabank falling by 90 cents to $51.60,  CIBC Caribbean Bank declining by 70 cents to $8.30, Republic Holdings down 45 cents to $112.05 and Ansa Merchant Bank losing 39 cents to $39. The only other declining stock of note is One Caribbean Media, down 40 cents to $2.60.

At the end of trading, prices of 8 stocks rose compared with 9 in the previous week and 11 fell, up from 6 last week, resulting in the Composite index losing 4.81 points or 0.47 percent, the All T&T index ending the week flat and the Cross-Listed index slipping 1.39 points or 1.88 percent.
Ansa McAl recovered the $4 lost in the previous week, to close at $44, Agostini climbed $1 to $66, Calypso Micro Index Fund gained $1 to finish at $24, Prestige Holdings, which jumped $1.35 last week, gained 70 cents to close the past week at $13.
At the week’s close, the average PE ratio of the market ended at 18.93, based on 2024 earnings and 12.66, 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 190 percent, the severely undervalued Guardian Holdings, a 375 percent potential gain, Republic Holdings at 140 percent, First Citizens Bank 85 percent, Trinidad Cement with 250 percent, Eric Solis with a 190 percent potential gain and One Caribbean Media with 345 percent.
Investors should watch Massy Holdings, with a 50 percent potential gain, Prestige Holdings, which could gain 68 percent and Scotiabank with the potential of a 50 percent gain.

Winning stocks rule Trinidad Stock Exchange


Winning stocks topped losers at the close of trading on the Trinidad and Tobago Stock Exchange on Friday, resulting in activity in 18 securities compared with 17 on Thursday and ending with prices of seven rising, four declining and seven ending firm. The market closed the week with a 65 percent decline in volume, with 48 percent less value than on Thursday.

The market closed with trading of 259,709 shares for $1,323,795, down from 746,572 stock units at $2,558,668 on Thursday.
An average of 14,428 shares were traded at $73,544 down from 43,916 units at $150,510 on Thursday, with trading month to date averaging 21,561 shares at $222,886 compared with 21,971 units at $231,473 on the previous day and an average for May of 24,702 shares at $146,628.
The Composite Index fell 6.31 points to close at 1,029.33, the All T&T Index gained 1.48 points to settle at 1,506.10, the SME Index remained unchanged at 91.81 and the Cross-Listed Index dipped 2.05 points to conclude trading at 72.68.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and four with lower offers.
At the close on the last trading day of the week, Angostura Holdings increased by 2 cents to finish at $14.80 with a transfer of 1,176 shares, CIBC Caribbean Bank slipped 44 cents to close at $8.30, with 2,200 units crossing the market, First Citizens Group sank 20 cents to finish at $42.50 after 700 stocks were traded. GraceKennedy ended at $3.80, with an exchange of 83 shares, Guardian Holdings ended at $16.85 with investors trading 1,563 stock units, JMMB Group ended at $1.08 with 181 shares clearing the market. Massy Holdings climbed 7 cents to $4 after an exchange of 173,223 stocks, National Enterprises remained at $2.42 after 33,568 units passed through the market, National Flour Mills skidded 2 cents and ended at $1.63, with 5,734 stock units changing hands. One Caribbean Media ended at $2.60 in trading 5 shares, Point Lisas rose 39 cents to end at $4.04 with 529 stock units crossing the market, Prestige Holdings advanced 11 cents in closing at $13, with investors exchanging 1,616 units. Republic Financial remained at $112.05 after a transfer of 1,532 stocks, Scotiabank popped 15 cents to end at $51.60 with traders dealing in 2,505 units, Trinidad & Tobago NGL lost 2 cents in closing at $3.73 following an exchange of 28,253 stocks. Trinidad Cement ended at $2.20 with investors swapping 5,859 shares, Unilever Caribbean gained 2 cents and ended at $13.90 in an exchange of 410 stock units and West Indian Tobacco rallied 10 cents to finish at $4.90 after closing with 572 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

77% of stocks drop on the Trinidad & Tobago Stock Exchange 


Almost 77 percent of stocks traded on the Trinidad and Tobago Stock Exchange declined on Thursday, resulting from trading in 17 securities compared with 19 on Wednesday, with prices of just two rising, 13 declining and two ending firm. The volume traded rose 134 percent, with an 80 percent fall in value from Wednesday.

The market closed with trading of 746,572 shares for $2,558,668 compared to 319,312 stock units at $12,508,661 on Wednesday.
An average of 43,916 shares were traded at $150,510 compared with 16,806 stock units for $658,351 on Wednesday, with trading month to date averaging 21,971 shares at $231,473, well in line with 20,711 units at $236,124 on the previous day compared with an average in May amounting to 24,702 shares at $146,628.
The Composite Index slipped 1.66 points to settle at 1,035.64, the All T&T Index fell 2.88 points to end at 1,504.62, the SME Index remained unchanged at 91.81 and the Cross-Listed Index dipped 0.05 points to 74.73.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, Agostini’s popped $1 to $66 in an exchange of 915 shares, Angostura Holdings fell 2 cents to finish at $14.78, with 378 stocks clearing the market, Ansa McAl skidded 75 cents and ended at $44 with an exchange of 593 shares. CIBC Caribbean Bank sank 2 cents in closing at $8.74 with an exchange of 145 stock units, First Citizens Group ended at $42.70 with a transfer of 715 units, GraceKennedy dipped 5 cents to end at $3.80 as investors exchanged 23,010 shares. Guardian Holdings shed 12 cents in closing at $16.85 after a transfer of 8,569 units, Guardian Media declined 3 cents to 97 cents with investors trading 1,873 stocks, JMMB Group lost 7 cents to close at $1.08 after an exchange of 5 stock units. Massy Holdings dipped 1 cent to end at $3.93 with investors swapping 228,949 shares, National Enterprises remained at $2.42, after 468,293 units passed through the market, National Flour Mills rallied 2 cents to $1.65 after an exchange of 145 stocks. Prestige Holdings sank 10 cents to $12.89 with investors trading 6,685 stock units, Republic Financial slipped 20 cents in closing at $112.05 in an exchange of 382 shares, Scotiabank lost 15 cents to finish at a 52 week low of $51.45 with investors dealing in 123 stocks. Unilever Caribbean dropped 55 cents and ended at $13.88, with 552 units crossing the market and West Indian Tobacco sank 12 cents to close at $4.80 in trading 5,240 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Falling stocks push Trinidad market down


Winners edged losers on the Trinidad and Tobago Stock Exchange on Wednesday, resulting from trading of 19 securities compared with 18 on Tuesday and ending with prices of eight rising, six declining and five ending firm, following a 143 percent rise in the volume traded, valued at 854 percent more than on Tuesday.

Trading accounted for an exchange of 319,312 shares for $12,508,661, up from 131,536 stock units at $1,311,094 on Tuesday.
An average of 16,806 shares were traded at $658,351, well above the 7,308 units at $72,839 on Tuesday, with trading for the month to date averaging 20,711 shares valued at $236,124 compared with 20,979 units at $207,162 on the previous day and an average for May of 24,702 shares at $146,628.
The Composite Index dipped 1.09 points to 1,037.30, the All T&T Index slipped 1.79 points to 1,507.50, the SME Index remained at 91.81 and the Cross-Listed Index inched 0.05 points lower to 74.78.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of a day for increased activity, Angostura Holdings ended at $14.80 after investors ended the trading of 100 shares, Ansa McAl gained 75 cents to $44.75, with 16 stocks crossing the market, Ansa Merchant Bank skidded 39 cents and ended at $39 with a transfer of a mere 2 shares. Calypso Macro Investment rallied $1 to $24, with 3 units crossing the exchange. CIBC Caribbean Bank slipped 1 cent to finish at $8.76, with 394 stock units changing hands. First Citizens Group fell 25 cents in closing at $42.70 as investors exchanged 3,019 shares. Guardian Holdings remained at $16.97, with 4,004 units crossing the market, Guardian Media ended at $1 in an exchange of 120 stocks, JMMB Group advanced 8 cents to end at $1.15, with just 1 stock unit clearing the market. L.J. Williams B share remained at $1.25 after a transfer of 5 shares, Massy Holdings popped 9 cents and ended at $3.94 with investors swapping 169,823 stocks, National Enterprises dipped 22 cents to finish at $2.42 with an exchange of 3,151 units. One Caribbean Media remained at $2.60 and closed after 86 stock units were traded, Prestige Holdings fell 1 cent to $12.99 with investors trading 1,387 shares, Republic Financial climbed 20 cents to finish at $112.25 after an exchange of 102,339 units. Scotiabank increased 10 cents to end at $51.60 with investors trading 210 stocks, Trinidad & Tobago NGL lost 2 cents in closing at $3.75 after an exchange of 34,593 stock units, Unilever Caribbean rallied 43 cents to close at $14.43 with investors dealing in 24 shares and West Indian Tobacco increased 22 cents to $4.92 after 35 units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Ansa McAl jumped $4 on Trinidad Exchange


Ansa McAl jumped $4, Agostini’s climbed $1.99, while Scotiabank fell 95 cents and First Citizens shed 80 cents on the Trinidad and Tobago Stock Exchange on Monday, with an exchange of 20 securities trading, up from 16 on Wednesday and ending with prices of eight stocks rising, eight declining and four ending firm, following a the volume of stocks traded declining 43 percent and the value 6 percent less than on Wednesday, the last trading day last week.

The market closed with an exchange of 150,344 shares for $1,274,643, down from 263,210 stock units at $1,359,355 on Wednesday.
An average of 7,517 shares were traded at $63,732 below the 16,451 units at $84,960 on Wednesday, with trading month to date averaging 21,929 shares at $216,498 compared with 23,135 units at $229,282 on the previous day and an average for May averaging 24,702 shares at $146,628.
The Composite Index rose 1.54 points to close at 1,035.68, the All T&T Index dropped 4.41 points to 1,501.70, the SME Index remained at 91.81 and the Cross-Listed Index increased 1.11 points to conclude trading at 75.18.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of trading after a two day holiday break, Agostini’s climbed $1.99 to close at $66.99 with investors trading 1,484 shares, Angostura Holdings lost 4 cents to end at $14.75 after an exchange of 412 stocks, Ansa McAl increased $4 to finish at $44 with investors dealing in 9,023 units. CIBC Caribbean Bank dropped 25 cents and ended at $8.75 in an exchange of just 8 shares, First Citizens Group shed 80 cents to end at $42.70 with investors swapping 1,489 stock units, GraceKennedy fell 12 cents to finish at $3.73, with 290 shares trading. Guardian Holdings popped 10 cents to $16.85 with investors trading 4,183 stock units, JMMB Group rallied 8 cents to close at $1.15 after a transfer of 179 stocks, Massy Holdings rose 3 cents to end at $3.93 with traders dealing in 11,086 units. National Enterprises remained at $2.66, after 220 stocks passed through the market, National Flour Mills ended at $1.63 in trading 12,400 units, NCB Financial gained 8 cents to finish at $1.98 with a transfer of 10,400 shares. One Caribbean Media slipped 40 cents and ended at $2.60 with 26,632 stock units changing hands, Prestige Holdings advanced 70 cents to $13 in trading 11,614 shares, Republic Financial sank 40 cents to close at $112.10 following trading of 533 units. Scotiabank skidded 95 AAcents in closing at $51.55 with an exchange of 1,215 stocks, Trinidad & Tobago NGL remained at $3.75 with 42,621 stock units crossing the market, Trinidad Cement ended at $2.20 as investors exchanged 2,501 shares. Unilever Caribbean rose 57 cents in closing at $14.45 in switching ownership of 200 units and West Indian Tobacco sank 25 cents to $4.70 after an exchange of 13,854 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

 Short week for T&T Stock Exchange


In a week on the Trinidad and Tobago Stock Exchange, shortened by public holidays on Thursday and Friday the closed with two big price movements, with Ansa McAl dropping $4 to close at a new 52 week low of $40, as investors continue their negative reaction to the ill-advised 3 year suspension of dividend payments, while investors reacted positively to a takeover offer for Prestige Holdings with the price jumping $1.35 to $12.30, having climbed 50 cents last week.

 At the end of trading, prices of 9 stocks rose compared with 7 in the previous week and 6 fell, down from 10 last week. The Composite index lost 3.86 points or 0.37 percent, the All T&T index lost 4.91 points or 0.32 percent and the Cross-Listed index slipped 0.38 points or 0.51 percent.

CIBC Caribbean Bank rallied 45 cents to $9, First Citizens Bank added 50 cents to close at $43.50 and Republic Holdings rose 48 cents to $112.50 and One Caribbean Media popped 30 cents to $3.

At the week’s close, the average PE ratio of the market ended at 18.84, based on 2024 earnings and 12.53, based on estimated earnings for 2025, suggesting a 47 percent potential gain for stocks in 2025.

Stocks with the potential to gain 100 percent or more when the market comes back to life, include CIBC Caribbean Bank which could rise 165 percent, the severely undervalued Guardian Holdings, a 375 percent potential gain, Republic Holdings at 140 percent, First Citizens Bank 80 percent, Trinidad Cement with 250 percent, Eric Solis with a 190 percent potential gain and One Caribbean Media with 300 percent.
Investors should watch Massy Holdings with a 50 percent potential gain, Prestige Holdings, which could gain 78 percent and Scotiabank with the potential of a 50 percent gain.

Prestige rises $1.64, Ansa McAl drops $3.85 on the Trinidad & Tobago Stock Exchange


Prestige Holdings jumped $1.64 to a 52 week high and Ansa McAl sank $3.85 to close at a 52 week low, with trading of 19 securities compared with 18 on Monday and ending with prices of eight stocks rising, five declining and six ending firm on the Trinidad and Tobago Stock Exchange on Tuesday. At the close, the market closed with a marginal rise in the volume of stocks traded, with a 26 percent drop in value compared to Monday.

The market closed with trading of 229,239 shares for $1,282,479 compared to 223,100 stock units at $1,731,434 on Monday.
An average of 12,065 shares were traded at $67,499, down from 12,394 units at $96,191 on Monday, with trading month to date averaging 23,615 shares at $239,638 compared with 24,690 units at $255,671 on the previous day and an average for May of 24,702 shares at $146,628.
The Composite Index shed 1.97 points to close at 1,033.60, the All T&T Index declined 10.20 points to 1,505.07, the SME Index remained unchanged at 91.81 and the Cross-Listed Index rose 0.96 points to end at 74.07.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and three with lower offers.
At the close of market activity, Agostini’s ended at $65 in an exchange of 363 shares, Angostura Holdings ended at $14.79 after 11 stock units passed through the market, Ansa McAl sank $3.85 to close at $40.15 with traders dealing in 859 shares. CIBC Caribbean Bank gained 10 cents to finish at a 52 week high of $9 after an exchange of 25,570 units, First Citizens Group dipped 25 cents and ended at $43.75 with investors swapping 430 stocks, GraceKennedy popped 13 cents to end at $3.85 with an exchange of 20 units. Guardian Holdings remained at $16.75, with 2,243 shares crossing the market, Guardian Media ended at $1, with investors trading 20 stock units, JMMB Group remained at $1.07, with 3,144 stocks crossing the exchange. L.J. Williams B share increased 10 cents to finish at $1.25 with investors trading 1,000 shares, Massy Holdings sank 2 cents and ended at $3.93 in switching ownership of 5,966 stocks, National Enterprises popped 1 cent to end at $2.45 as investors exchanged 29,498 units. National Flour Mills dipped 1 cent in closing at $1.64 after investors ended trading 5,000 stock units, One Caribbean Media rose 37 cents to $3 and closed with 8,000 shares being traded, Prestige Holdings rallied $1.64 to close at 52 week high of $12.59 in an exchange of 667 units. Republic Financial advanced 24 cents to end at $112.74 after trading of 742 stocks, Scotiabank rose 4 cents to finish at $52.50 with a transfer of 3,359 stock units, Trinidad & Tobago NGL shed 27 cents and ended at $3.75 with investors dealing in 136,347 shares and West Indian Tobacco ended at $4.95 with 6,000 stocks clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

6 Trinidad Stock Exchange stocks rise, 6 fall


Trading ended with 18 securities changing hands, up from 15 on Friday, with 6 stock sharing equally between, winners, losers and those trading firm, ending with a mixed outcome for the Trinidad and Tobago Stock Exchange indices on Monday, following a 41 percent drop in the volume of stocks traded, valued 62 percent less than on Friday.

The market closed with trading of 223,100 shares for $1,731,434 compared to 375,395 stock units at $4,582,061 on Friday.
An average of 12,394 shares were traded at $96,191, down sharply from 25,026 units at $305,471 on Friday. Trading for the month to date averages 24,690 shares at $255,671, just below 25,880 units at $271,108 on the previous day, compared to an average for May of 24,702 shares at $146,628.
The Composite Index sank 2.43 points to settle at 1,035.57, the All T&T Index climbed 4.25 points to 1,515.27, the SME Index remained unchanged at 91.81 and the Cross-Listed Index drifted 1.34 points to finish at 73.11. 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 of trading, Agostini’s ended at $65 with 2,680 shares being traded, CIBC Caribbean Bank gained 35 cents in closing at $8.90 following trading of 1,565 stocks, First Citizens Group rose $1 to $44 after an exchange of 1,420 units. GraceKennedy sank 13 cents to close at $3.72, with 1,028 shares passing through the market, Guardian Holdings lost 25 cents and ended at $16.75 with an exchange of 56 stock units, JMMB Group sank 8 cents to finish at $1.07 after a transfer of 3,100 shares. L.J. Williams B share ended at $1.15 with traders dealing in 1,200 stocks, Massy Holdings rallied 3 cents to $3.95 in an exchange of 23,388 units, National Flour Mills ended at $1.65 with investors dealing in 28,000 stock units. NCB Financial shed 8 cents in closing at $1.90 with a transfer of 4 shares, One Caribbean Media fell 7 cents to finish at $2.63 with investors swapping 48 stock units, Point Lisas remained at $4.15 with an exchange of 2,393 stocks. Republic Financial rose 48 cents to $112.50 with 1,677 units changing hands, Scotiabank remained at $52.46 after the trading of 10,444 shares, Trinidad & Tobago NGL popped 27 cents and ended at $4.02, with 136,000 stock units crossing the market. Trinidad Cement increased 5 cents in closing at $2.20 in trading 1,400 units, Unilever Caribbean skidded 77 cents to close at $13.22, with 3,100 stocks changing hands and West Indian Tobacco ended at $4.95 with investors trading 5,597 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

 Mixed week for T&T Stock Exchange


The Trinidad and Tobago Stock Exchange closed mixed at the end of the past week, with the Composite index gaining 4.1 points or 0.40 percent, the All T&T index lost 9.26 points or 0.61 percent and the Cross-Listed index rose 2.58 points or 3.58 percent, with prices of 10 stocks falling compared with 14 in the previous week and 7 increasing similar to the prior week.

Scotiabank dropped $2.39 at the close of the week.

At the week’s close, Prestige Holdings ended 50 cents higher at $10.95 and CIBC Caribbean Bank rallied 35 cents to $8.55.
Agostini fell $1.05 to $65, Scotiabank dropped $2.39 to close at $52.45 and First Citizens Bank shed 55 cents to $43.
At the week’s close, the average PE ratio of the market ended at 18.36, based on 2024 earnings and 12.45, based on estimated earnings for 2025, suggesting a 47 percent potential gain for stocks in 2025.

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, the severely undervalued Guardian Holdings, a 370 percent potential gain, Republic Holdings at 140 percent, First Citizens Bank 85 percent, Trinidad Cement with 260 percent, Eric Solis with a 190 percent potential gain and One Caribbean Media with 330 percent.
Investors should watch Massy Holdings with a 50 percent potential gain, Prestige Holdings, which could gain 100 percent and Scotiabank with the potential of a 50 percent gain.

Stocks mostly rise on Trinidad Exchange


Rising stocks outnumbered losers on the Trinidad and Tobago Stock Exchange on Thursday, resulting in 20 securities trading down from 22 on Wednesday and ending with prices of eight stocks rising, three declining and nine ending firm, with the volume traded declining 30 percent and the value 88 percent lower than on Wednesday.

The market closed with trading of 656,068 shares worth $3,003,287, down from 943,806 stock units at $24,776,351 on Wednesday.
An average of 32,803 shares were traded at $150,164 compared with 42,900 units for $1,126,198 on Wednesday, with trading month to date averaging 25,955 shares at $268,095 compared with 25,048 units at $283,702 on the previous day and an average for May of 24,702 shares at $146,628.
The Composite Index popped 5.40 points to conclude trading at 1,026.50, the All T&T Index rose 2.44 points to 1,505.25, the SME Index remained unchanged at 91.81 and the Cross-Listed Index gained 1.20 points to close at 71.98.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
At the close of market activity, Agostini’s popped $2 and ended at $65, with 51 shares crossing the exchange. Ansa McAl rallied $1 to $44, with investors dealing in 1,686 units, Ansa Merchant Bank ended at $39.49, with 50 shares clearing the market. CIBC Caribbean Bank remained at $8.55 with traders dealing in 20 stock units, First Citizens Group fell 50 cents to end at $43 after 1,113 stocks crossed the market, GraceKennedy rose 15 cents to close at $3.85 as investors exchanged 60 units. Guardian Holdings lost $1.25 to land at $16.75 after a transfer of 15,500 shares, Guardian Media advanced 2 cents to $1 with investors trading 178 stock units, Massy Holdings ended at $3.95 in switching ownership of 4,189 stocks. National Enterprises rose 2 cents to end at $2.44 with investors swapping 5,821 shares, National Flour Mills increased 2 cents in closing at $1.65 in an exchange of 10,110 stock units, NCB Financial rallied 18 cents to close at $1.98 with 110,000 stocks changing hands. One Caribbean Media remained at $2.70 after an exchange of 7,773 units, Point Lisas remained at $4.15 with investors trading 16,968 shares, Prestige Holdings ended at $10.91 with an exchange of 5,858 stocks. Republic Financial declined 10 cents and ended at $112.10 after 1,864 units passed through the market. Scotiabank ended at $52.46 in trading 824 stock units, Trinidad & Tobago NGL rose 1 cent to end at $3.75 with 454,488 shares crossing the market. Unilever Caribbean remained at $14 in an exchange of 16,202 units and West Indian Tobacco closed at $4.95 after 3,313 stocks changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.