Declining stocks ended with the upper hand in trading on the Trinidad and Tobago Stock Exchange on Tuesday, with trading in 16 securities trading up from 15 on Monday and ending with prices of three stocks rising, six declining and seven ending firm, resulting from a 1,288 percent rise in the volume of stocks traded valued 610 percent more than on Monday.
The market closed with trading of 843,671 shares at $5,077,375 up from just 60,781 stock units at $714,952 on Monday.
An average of 52,729 shares were traded at $317,336 compared to 4,052 units at $47,663 on Monday, with trading for the month to date ending with an average of 19,865 shares at $164,367 compared with 16,944 stock units at $150,770 on the previous day and an average for August of 21,741 shares at $142,770.
The Composite Index shed 11.65 points to end at 1,048.57, the All T&T Index dropped 19.13 points to conclude trading at 1,568.19, the SME Index remained at 87.78 and the Cross-Listed Index dipped 0.51 points to end the day at 68.93.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s remained at $65 with 157 stock units crossing the market, Angostura Holdings ended at $17 after a transfer of 35,921 shares, Ansa McAl advanced $1 to end at $62.50 with 20,307 stock units crossing the exchange. Ansa Merchant Bank sank 30 cents in closing at $41.20 with 20 stocks changing hands, First Citizens Group declined $1.85 and ended at $40 with investors trading 400 shares, FirstCaribbean International Bank fell 10 cents to close at $6.90 with 10,008 stocks clearing the market. GraceKennedy sank 5 cents to $3.60 with investors trading 159,000 units, Guardian Holdings remained at $14 after an exchange of 800 stock units, JMMB Group ended at $1.05 after 1,036 shares changed hands. Massy Holdings remained at $3.50 with an exchange of 602,357 units, National Enterprises rose 5 cents and ended at $3 with investors trading 7,971 stocks, NCB Financial dipped 10 cents to $2.40 with 1,033 units passing through the market. Prestige Holdings dropped $1.44 to end at $10 after an exchange of 349 shares, Republic Financial gained 10 cents to close at $112.10 in trading 2,781 stock units, Scotiabank ended at $54.50 after 1,500 stocks were traded and Unilever Caribbean remained at $11.40 with investors dealing in 31 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Losers batter winners on Trinidad Exchange
JSE USD market stocks firmed up Monday
Stocks held mostly firm at the close of the Jamaica Stock Exchange US dollar market on Monday, resulting from an exchange of six securities, up from three on Friday with prices of one declining and five ending unchanged with the volume of stocks traded rising 1,133 percent value 1,288 percent more than on Friday.
The market closed with an exchange of 1,556,001 shares for US$35,270 up from 126,158 units at US$2,541 on Friday.
Trading averaged 259,334 shares at US$5,878 compared to only 42,053 stocks at US$847 on Friday, with a month to date average of 148,002 shares at US$4,887 compared to 137,725 units at US$4,796 on the previous day and August that ended with an average of 297,880 units for US$8,245.
The US Denominated Equities Index declined 2.34 points to end at 231.21.
The PE Ratio, a well known measure used to determine appropriate stock values, averages 7.8. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of market activity, Margaritaville ended at 10 US cents in an exchange of 120 stock units, Proven Investments remained at 10 US cents with 2,130 shares changing hands and Transjamaican Highway dipped 0.18 of a cent to close at 2.01 US cents with a transfer of 1,551,729 stocks.
In the preference segment, JMMB Group US8.5% preference share ended at US$1.05, with 1,915 units crossing the market, Sygnus Credit Investments US 8% ended at US$10 with traders dealing in 100 shares and Sygnus Credit Investments E8.5% ended at US$10.20 in switching ownership of 7 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading plunged on Trinidad Exchange
Stocks ended trading with those gaining edging out losers on the Trinidad and Tobago Stock Exchange on Monday, following a plunge in trading with the volume of stocks traded declining 89 percent valued at 73 percent below trading on Friday, resulting from an exchange of 15 securities versus 17 on Friday and ending with prices of five stocks rising, four declining and six ended firm.
The market closed with trading of 60,781 shares for $714,952 compared to 572,098 stock units at $2,602,545 on Friday.
An average of 4,052 shares were traded at $47,663 down sharply from 33,653 units at $153,091 on Friday, with trading month to date averaging 16,944 shares at $150,770 compared with 18,116 units at $160,143 on the previous day and an average for August of 21,741 shares at $142,770.
The Composite Index dipped 1.70 points to 1,060.22, the All T&T Index dropped 7.67 points to close at 1,587.32, the SME Index remained at 87.78 and the Cross-Listed Index popped 0.66 points to close at 69.44.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of trading, Agostini’s remained at $65 with investors trading 499 stock units, Angostura Holdings declined 50 cents to $17 with an exchange of 1,716 shares, Ansa McAl sank $1.30 to end at $61.50 with 248 units crossing the market. Calypso Macro Investment Fund ended at $23.60 after an exchange of 6,000 stocks, First Citizens Group dipped 14 cents to finish at $41.85 with investors dealing in 29 units, FirstCaribbean International Bank popped 10 cents to close at $7 in an exchange of 2,054 shares. Guardian Holdings remained at $14 with investors trading 976 stock units, Guardian Media ended at $1.55 in switching ownership of 4 stocks, JMMB Group advanced 3 cents to finish at $1.05 after 40,000 units changed hands. National Enterprises fell 5 cents and ended at $2.95 with an exchange of 1,000 stocks, Prestige Holdings ended at $11.44 with 126 shares passing through the market, Republic Financial remained at $112 in an exchange of 2,036 stock units. Scotiabank rose 94 cents in closing at $54.50 with 3,248 shares clearing the market, Trinidad & Tobago NGL rallied 5 cents to $4.55 after an exchange of 500 units and West Indian Tobacco increased 50 cents and ended at $7.50 with a transfer of 2,345 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
All gains no losses for JSE USD Market
Trading fell sharply on the Jamaica Stock Exchange US dollar market on Friday, with the volume of stocks traded declining 65 percent with a 71 percent lower value than on Thursday, resulting in the exchange of three securities, down from six on Thursday with prices of all three rising.
The market closed with an exchange of 126,158 shares for US$2,541 compared to 363,724 units at US$8,719 on Thursday.
Trading averaged 42,053 shares at US$847 compared with 60,621 shares at US$1,453 on Thursday, with a month to date average of 137,725 shares at US$4,796 compared with 142,354 units at US$4,987 on the previous day and August that ended with an average of 297,880 units for US$8,245.
The US Denominated Equities Index advanced 0.77 points to end at 233.55.
The PE Ratio, a well known measure used to determine appropriate stock values, averages 7.9. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Proven Investments rallied 0.1 of a cent and ended at 10 US cents with investors trading 194 stock units, Sterling Investments popped 0.05 of one cent to 1.55 US cents with an exchange of 28,915 units and Transjamaican Highway advanced 0.12 of a cent to end at 2.19 US cents, with 97,049 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.