Winning stocks edged out losers on the Trinidad and Tobago Stock Exchange on Friday, resulting from trading in 26 securities up from 19 on Thursday and ending with prices of 10 stocks rising, seven declining and nine ending firm, following the volume of stocks traded rising 258 percent with a 6 percent greater value than on Thursday.
The market closed with trading of 159,135 shares for $1,072,478 up from 44,488 stock units at $1,014,698 on Thursday. At the close, an average of 6,121 shares were traded at $41,249 compared with 2,341 units at $53,405 on Thursday, with trading month to date averaging 22,558 shares at $115,864 down from 34,430 stock units at $169,771 on the previous day compared to an average for February of 22,005 shares at $200,032.
The Composite Index dipped 3.30 points to close trading at 1,061.58, the All T&T Index fell 6.90 points to wrap up trading at 1,560.46, the SME Index skidded 0.29 points to 96.36 and the Cross-Listed Index advanced 0.08 points to conclude trading at 73.87.
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 of a day of increased number of stocks trading, Agostini’s rose 19 cents to end at $68.19 with investors trading 20 stock units, Angostura Holdings advanced 4 cents in closing at $14.84 with 165 shares changing hands, Ansa McAl ended at $57.99 with investors swapping 78 stocks. Ansa Merchant Bank popped $1.19 and ended at $41.25 in an exchange of 28 units, Calypso Macro Investment Fund gained $1 to finish at a 52 weeks’ high of $25 after 50 shares passed through the market, CIBC Caribbean Bank remained at $8 with a transfer of 2,650 stock units. Eric Solis Marketing dipped 20 cents to $4 as investors exchanged 300 stocks, First Citizens Group popped 1 cent and ended at $41.01 in switching ownership of 4,379 units, GraceKennedy remained at $3.69 with investors trading 3,690 stocks. Guardian Holdings ended at $14.90 with 580 units clearing the market, Guardian Media remained at $1.12 with investors trading 1,100 shares, JMMB Group increased 1 cent to end at $1.08 after a transfer of 6,442 stock units. L.J. Williams B share ended at 81 cents with 3,500 shares crossing the exchange, Massy Holdings lost 4 cents to end at $3.91 with investors dealing in 55,048 stocks, National Enterprises declined 1 cent to close at $2.68 after an exchange of 3,050 units. National Flour Mills shed 5 cents to end at $1.65 after the trading of 2,852 stock units, NCB Financial rallied 1 cent to finish at $2.40 in an exchange of 47,183 shares, One Caribbean Media dipped 1 cent to $2.84 with traders dealing in 1,925 stocks.
Point Lisas rose 1 cent to $3.21 with 1,200 units changing hands, Prestige Holdings ended at $11.15 after an exchange of 20 stock units, Republic Financial remained at $113.50 with 2,147 shares crossing the market, Scotiabank fell 1 cent to finish at $54.15 with an exchange of 2,942 stock units, Trinidad & Tobago NGL rallied 5 cents and ended at a 52 weeks’ low of $4.30 with 6,905 units crossing the market, Trinidad Cement increased 1 cent to close at $2.50 with investors dealing in 9,450 stocks. Unilever Caribbean ended trading at $11.19 and closed with an exchange of 132 units and West Indian Tobacco slipped 2 cents and ended at $5.50 with 3,299 changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
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 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.