Trading picked up over Tuesday levels at the close of the Trinidad and Tobago Stock Exchange on Wednesday, with a 144 percent jump in the volume of stocks traded valued at 33 percent more than Tuesday’s trades and resulted in trading in 18 securities compared to 19 on Tuesday, with prices of seven stocks rising, seven declining and four remaining unchanged as investors exchanged 494,821 shares for $3,334,424 versus 202,992 stock units at $2,504,852 on Tuesday.
The average trade on Wednesday was 27,490 shares at $185,246 compared to 10,684 units at $131,834 on Tuesday, with trading month to date averaging 18,590 shares at $166,885 compared with 15,875 units at $161,292 on the previous day and compares with an average for November of 19,241 shares at $227,402.
The Composite Index rose 4.06 points to settle at 1,178.06, the All T&T Index dropped 6.12 points to 1,772.78, the SME Index dropped 8.05 points to 71.95 and the Cross-Listed Index rallied 2.09 points to culminate at 75.81.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s ended at $68.50 after swapping 143 units, Angostura Holdings declined $1.49 to $20 as investors exchanged 2,500 stocks, Endeavour Holdings dropped $1.75 to $13.25 with 3,546 shares clearing the market. First Citizens Group climbed 6 cents to $49.16 with an exchange of 1,901 stock units, FirstCaribbean International Bank popped 5 cents to $7, with 11,123 shares crossing the market, GraceKennedy dropped 3 cents to $4 in an exchange of 5,348 units. Guardian Holdings fell 25 cents in closing at $18 with investors trading 700 stocks, JMMB Group dipped 1 cent to close at a 52 weeks’ low of $1.29 after exchanging 1,333 stock units, Massy Holdings popped 1 cent and ended at $4.45 in switching ownership of 69,369 shares. National Enterprises remained at $3.55 with investors dealing in 15,959 units, National Flour Mills remained at $1.72 with a transfer of 8,530 stocks, NCB Financial rose 9 cents to $3 with investors trading 356,125 stock units. Prestige Holdings shed 10 cents and ended at $9.40 while exchanging 1,337 shares, Republic Financial gained 50 cents to end at $120.50 with traders dealing in 11,397 stock units, Scotiabank skidded 17 cents to close at $69.80 in an exchange of 2,311 units. Trinidad & Tobago NGL rallied 1 cent to $10.51 and closed with an exchange of 1,393 stocks, Trinidad Cement increased 4 cents to end at $2.90 with stakeholders exchanging 1,000 shares and Unilever Caribbean ended at $11 after a transfer of 806 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading climbs on Trinidad Exchange
The JSE USD Market rose on Tuesday
Trading on the Jamaica Stock Exchange US dollar market closed on Tuesday, with the volume of stocks changing hands rising 121 percent, valued 55 percent lower than on Monday, and resulting in five securities being traded, compared to six on Monday with two rising and three declining but the market outperform the rest of the Jamaica Stock Exchange markets that plunged at the close of trading.
Overall, 198,410 shares were traded, for US$3,547 compared to 89,619 units at US$7,899 on Monday.
Trading averaged 39,682 units at US$709, versus 14,937 shares at US$1,316 on Monday, with a month to date average of 19,171 shares at US$821 compared with 10,625 units at US$867 on the previous day. in contrast November ended with an average of 249,102 units for US$14,204.
The US Denominated Equities Index popped 3.47 points to stop trading at 227.61.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.7. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2024.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Margaritaville declined 1.75 cents to 12.25 US cents, with 74 stock units clearing the market, Proven Investments climbed 1.85 cents to 14.65 US cents in switching ownership of 1,319 units, Sterling Investments shed 0.02 of a cent to close at 1.58 US cents after trading of 1,420 shares. Sygnus Real Estate Finance USD share dropped 2.2 cents and ended at 8.2 US cents with an exchange of 206 stock units and Transjamaican Highway rose 0.02 of a cent in closing at 1.72 US cents, with 195,391 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Drop in Trinidad and Tobago Stock Exchange
The Trinidad and Tobago Stock Exchange dropped on Tuesday, following a 17 percent fall in the volume of stocks traded with the value marginally lower than on Monday, resulting in the trading of 19 securities compared with 22 on Monday, with prices of four stocks rising, nine declining and six remaining unchanged.
Investors exchanged 202,992 shares for $2,504,852 compared with 246,017 stock units at $2,554,120 on Monday.
An average of 10,684 units were traded at $131,834 compared with 11,183 shares at $116,096 on Monday, with trading month to date averaging 15,875 shares at $161,292 compared with 18,341 units at $175,279 on the previous day. The average trade for November amounts to 19,241 shares at $227,402.
The Composite Index fell 5.50 points to conclude trading at 1,174.00, the All T&T Index dipped 10.51 points to settle at 1,778.90, the SME Index remained unchanged at 80.00 and the Cross-Listed Index shed 0.02 points to close trading at 73.72.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Agostini’s ended at $68.50 after exchanging 10 stock units, Angostura Holdings skidded 1 cent to $21.49, with 46 shares crossing the market, Ansa McAl gained $1 and ended at $55 in trading 1,183 units. Ansa Merchant Bank lost 50 cents to close at $43 with investors trading 24 stock units, Endeavour Holdings remained at $15 after a transfer of 70 units, First Citizens Group dipped 17 cents to $49.10 while exchanging 6,368 shares. FirstCaribbean International Bank shed 5 cents to end at $6.95 with traders dealing in 2,633 stocks, GraceKennedy declined 2 cents to $4.03 in an exchange of 1,230 stock units, Guardian Holdings popped 25 cents and ended at $18.25 with investors dealing in 100 shares. JMMB Group remained after one stock crossing the exchange at $1.30, Massy Holdings fell 1 cent to $4.44, with 151,159 units changing hands, National Enterprises increased 5 cents in closing at $3.55 after an exchange of 11,643 stock units. One Caribbean Media dipped 12 cents to close at $3.40, with 580 shares crossing the market, Prestige Holdings ended at $9.50 as investors exchanged 1,252 stock units, Republic Financial ended at $120, with 3,773 stocks clearing the market. Scotiabank lost 3 cents to close at $69.97 with investors transferring 11,549 units, Trinidad & Tobago NGL remained at $10.50 and closed after 5,721 shares were traded, Unilever Caribbean shed 29 cents in closing at $11 with an exchange of 150 units and West Indian Tobacco climbed 2 cents to close at $9.27 as 5,500 stocks passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks up on the JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks changing hands rising 137 percent valued 215 percent more than on Friday, resulting in six securities trading on both Monday and Friday, with two rising, four declining on Monday.
Overall, 89,619 shares were traded, for US$7,899 up from 37,877 units at US$2,504 on Friday.
Trading averaged 14,937 units at US$1,316, versus 6,313 shares at US$417 on Friday, with a month to date average of 10,625 shares at US$867 compared to November with an average of 249,102 units for US$14,204.
The US Denominated Equities Index dropped 2.72 points to close at 224.13.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.7. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Proven Investments lost 0.8 of a cent to close at 12.8 US cents after 3,327 stocks passed through the market, Sygnus Credit Investments climbed 0.29 of one cent to 9 US cents with investors transferring 30,840 units and Transjamaican Highway skidded 0.01 of a cent to end at 1.7 US cents, with 55,050 shares crossing the market.
In the preference segment, Eppley 6% preference share fell 22.5 cents in closing at US$1.275 with an exchange of 71 stock units, JMMB Group 5.75% popped 6 cents and ended at US$1.80 after closing with an exchange of 14 shares and Productive Business Solutions 9.25% preference share shed 1 cent to US$11.50, with 317 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.