The Main Market of the Jamaica Stock Exchange put in some solid gains in trading on Wednesday as the Junior Market JSE USD market popped moderately higher as trading ended with the number of stocks exchanged falling, with the value traded jumping sharply over that on Wednesday, with prices of 41 shares rising and 23 declining.
The market closed trading with, the JSE Combined Market Index rising 909.96 points to close at 333,306.71, the All Jamaican Composite Index gained 1,716.13 points to 357,434.77, the JSE Main Index rallied 944.29 points to 320,606.67. The Junior Market Index popped 2.78 points to end at 3,725.60 and the JSE USD Market Index inched 1.51 points higher to end the day at 241.17.
At the close of trading, 31,607,536 shares were exchanged in all three markets, up from 29,690,680 units on Tuesday, with the value of stocks traded on the Junior and Main markets amounted to $90.38 million, down from $120.94 million on …day and the JSE USD market closed with an exchange of 152,413 shares for US$68,498 compared to 147,004 units at US$5,094 on Tuesday.
Main Market trading was dominated by JMMB 9.5% preference share led trading with 16.97 million shares followed by Transjamaican Highway with 7.14 million stock units and Wigton Windfarm with 2.23 million units.
In the Junior Market, One Great Studio led trading with 617,000 shares followed by Express Catering with 217,455 units and Fontana with 179,930 units.
At the close of the market, some of the major Main Market stocks that rose are Jamaica Producers with an increase of $1.93 in closing at $23.58, Sagicor Group rising $2.40 to end at $43.40 and Seprod climbing $2.50 to $86.80.
The major declining Main Market stocks include Caribbean Cement dropping $1.99 to $51.26 and Guardian Holdings, which lost $5 to close at $370.
The Junior Market ended with major price increases in Access Financial up 52 cents to end at $23.20, AMG Packaging popping 56 cents to $3.12, Knutsford Express popping $2.90 in closing at $12.40 and Main Event increasing 88 cents to end at $17, with the major losing stock being ISP Finance that skidded $7.78 in closing at $22.22. and
In the preference segment, no stock traded with a notable price on Wednesday.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 20.6 on 2022-23 earnings and 14 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume pertaining to the highest bid and the lowest offer for each company.
Trading rises on Trinidad & Tobago Stock Exchange
The Trinidad and Tobago Stock Exchange slipped in value on Wednesday, even as the volume of stocks traded rose 138 percent with a value 514 percent more than on Tuesday, resulting in 19 securities trading up from 12 on Tuesday and ending with prices of six stocks rising, six declining and seven remaining unchanged.
Trading ended with 467,540 shares trading for $11,703,681 compared to 196,786 stock units at $1,906,389 on Tuesday.
An average of 24,607 shares were traded at $615,983 compared with 16,399 units at $158,866 on Tuesday, with trading month to date averaging 11,814 shares at $168,172 compared with 10,826 units at $133,587 on the previous day and December with an average for of 17,065 shares at $239,371.
The Composite Index shed 1.10 points to end at 1,212.70, the All T&T Index dipped 5.53 points to end at 1,806.05, the SME Index remained at 78.23 and the Cross-Listed Index rose 0.51 points to end at 80.86.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s remained at $68.50 with investors transferring 155 stocks, Angostura Holdings skidded $1.50 to $20 in an exchange of 190 units, Ansa McAl popped 80 cents in closing at $56.80 with traders dealing in 172,405 shares. Calypso Macro Investment Fund fell 35 cents to close at $23.15 after a transfer of 22 stock units, First Citizens Group advanced 60 cents to end at $51.20 with investors dealing in 433 shares, FirstCaribbean International Bank ended at $7.05 after an exchange of 25,512 stocks. GraceKennedy shed 1 cent to end at $4.15 with investors swapping 15 units, JMMB Group rose 10 cents to end at $1.60 in an exchange of 102 stock units, Massy Holdings sank 5 cents to close at $4.35 with investors trading 227,281 shares. National Enterprises remained at $3.90, with 1,010 stock units crossing the exchange, 
National Flour Mills dipped 1 cent to $1.99 with a transfer of 1,117 units, One Caribbean Media lost 1 cent in closing at $3.49 as investors exchanged 11 stocks. Point Lisas gained 14 cents and ended at $3.70 after closing with 1,010 units changing hands, Prestige Holdings ended at $9.30 with an exchange of 3,304 shares, Republic Financial ended at $120, with 3,093 stocks crossing the market. Scotiabank ended at $70 after investors ended the trading of 19 stock units, Trinidad & Tobago NGL rallied 2 cents and ended at $10.13 after 7,896 shares passed through the market, Unilever Caribbean increased 20 cents in closing at $11.95, with 1,060 stocks changing hands and West Indian Tobacco ended at $8.75 in trading 22,905 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE Main Market drop
Trading activity on the Jamaica Stock Exchange Main Market ended on Tuesday, with the volume of stocks traded declining 65 percent and the value jumping 27 percent more than on Monday, with trading in 55 securities compared with 60 on Monday and ended with prices of 20 stocks rising, 22 declining and 13 ending unchanged.
The market closed on Tuesday with an exchange of 9,890,713 shares valued at $58,907,474 compared to 28,085,342 units at $46,276,168 on Monday.
Trading averaged 179,831 shares at $1,071,045 compared with 468,089 units at $771,269 on Monday and month to date, an average of 221,971 units at $1,541,445, compared to 224,736 units at $1,572,318 on the previous day and December that closed with an average of 264,266 units at $3,755,946.
JMMB 9.5% preference share led trading with 2.84 million shares for 28.7 percent of the volume with Transjamaican Highway following with 1.62 million units for 16.4 percent of the day’s trade and Sagicor Select Financial Fund with 1.17 million units for 11.8 percent of the day’s trade.
The All Jamaican Composite Index dipped 1,452.88 points to close at 355,718.64, the JSE Main Index dipped 647.61 points to wrap up trading at 319,662.38 and the JSE Financial Index lost 0.31 points to culminate at 69.00.
The Main Market ended trading with an average PE Ratio of 13.6. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2024.
Investor’s Choice bid-offer indicator shows 13 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, AS Bryden popped 50 cents in closing at $40.50 while exchanging 1,772 units, Eppley gained 60 cents to close at $37.10 with traders dealing in 9 stocks, Eppley Caribbean Property Fund shed $1.01 and ended at $37.54 with 6,641 shares clearing the market. GraceKennedy rose 33 cents to end at $77.28 in an exchange of 70,822 stock units, Guardian Holdings climbed $3 to close at $375, with 460 shares changing hands, Jamaica Producers dropped $2.05 to $21.65 as investors exchanged 46,402 units. Kingston Properties fell 41 cents to end at $7.02 with a transfer of 3,479 stocks, Kingston Wharves skidded 55 cents in closing at $26.40 after exchanging 51,925 stock units, Margaritaville increased 45 cents to close at $17.50, with 76 shares crossing the market. Mayberry Group sank $1.12 and ended at $7.08 in switching ownership of 1,600 units, 
Mayberry Jamaican Equities rallied 43 cents to $9.53 with investors trading 576 stocks, MPC Caribbean Clean Energy dipped $1 and ended at $90 after an exchange of 1,239 stock units. NCB Financial advanced $2.79 in closing at $68 with investors swapping 80,317 shares, Sagicor Group lost 70 cents to end at $41, with 55,710 units crossing the market, Scotia Group declined $1.49 to close at $39.51 with investors dealing in 33,778 stocks. Seprod popped $2.30 to $84.30 in an exchange of 4,656 stock units and Sygnus Credit Investments sank 52 cents to end at $10.36 after trading 113,303 shares.
In the preference segment, Eppley 7.25% preference share skidded $2.64 in closing at $16.26 with an exchange of 6,125 stocks. Jamaica Public Service 7% rallied $7.99 to $49.99 after closing with an exchange of 435 units and Transjamaican Highway 8% fell 33 cents and ended at $2.17 in trading 68,719 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big drop in trading on JSE USD Market
Trading fell sharply on the Jamaica Stock Exchange US dollar market on Tuesday, with a 54 percent fall in the volume of stocks exchanged after 98 percent fewer US dollars changed hands than on Monday, resulting in trading in five securities, compared to seven on Monday with the price of one rising, three declining and one ending unchanged.
The market closed with trading of 147,004 shares for US$5,094 down from 317,598 units at US$259,958 on Monday.
Trading averaged 29,401 shares at US$1,019 compared to 45,371 shares at US$37,137 on Monday, with a month to date average of 39,548 shares at US$4,236 compared with 40,118 units at US$4,417 previously and December with an average of 28,010 units for US$1,403.
The US Denominated Equities Index dipped 1.07 points to lock up trading at 239.66, to be up 3.7 percent for the year to date.
The PE Ratio, a measure used in computing appropriate stock values, averages 10. The PE ratio is computed based on the last traded stock price divided by ICInsider.com’s projected earnings for companies with their financial year ending and or around August 2024.
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, Proven Investments dipped 0.7 cent in closing at 12.3 US cents in swapping 8,382 units, 
Sygnus Credit Investments sank 0.03 of a cent to 8.96 US cents after 3,150 stocks crossed the exchange, Sygnus Real Estate Finance USD share popped 0.04 of a cent to end at 8.15 US cents with investors swapping 2,300 shares and Transjamaican Highway dropped 0.07 of a cent to 1.78 US cents with an exchange of 133,072 stock units.
In the preference segment, Productive Business Solutions 9.25% preference share remained at US$11.50 in trading 100 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading surges on Junior Market
The Junior Market of the Jamaica Stock Exchange dropped again on Tuesday, with the Junior Market Index shedding 14.18 points to finish at 3,722.82, after the market moved higher in the morning trading session, with trading activities resulting in a 145 percent rise in the volume of stocks traded valued 186 percent more than in Monday activity, with trading in 42 securities compared with 43 on Monday and ending with rising stocks outpacing those falling as prices of 18 rose, 16 declined and eight ended unchanged.
The market closed with Future Energy dominating trading with more than 80 percent of the 19,652,963 shares that changed hands at $62,031,231, up from 8,027,745 stock units at $21,682,237 on Monday.
Trading averaged 467,928 shares at $1,476,934, compared to 186,692 units at $504,238 on Monday with the month to date, averaging 182,105 stock units at $417,660 compared to 163,019 stock units at $346,929 on the previous day and December with an average of 466,866 units at $1,111,272.
Future Energy led trading with 15.91 million shares for 80.9 percent of total volume followed by JFP Ltd with 711,974 units for 3.6 percent of the day’s trade and Regency Petroleum with 603,202 units for 3.1 percent market share.
At the close, the Junior Market ended trading with an average PE Ratio of 13.2, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, AMG Packaging dropped 60 cents to close at $2.56 after investors ended trading 51,490 stock units, Blue Power gained 30 cents to close at $3.45 with an exchange of 10,700 shares, Caribbean Assurance Brokers shed 20 cents in closing at $2.05 with traders dealing in 7,592 stocks. Caribbean Flavours declined 20 cents to end at $1.50 in an exchange of 100,190 units, Derrimon Trading climbed 8 cents and ended at $1.98 with investors transferring 9,187 stocks, Dolla Financial rose 10 cents to $2.70 in switching ownership of 22,308 shares. Everything Fresh rallied 8 cents and ended at $1.58, with 4,793 units crossing the market, Express Catering lost 27 cents to end at $3.70 after an exchange of 151,272 stock units, Fontana popped 18 cents to $10.48 after 258,198 shares passed through the market. 
Future Energy skidded 20 cents to close at $3.50 after an exchange of 15,908,926 stocks, Honey Bun sank 30 cents to $6 in trading 15,368 units, Iron Rock Insurance dipped 41 cents to close at $2.10 with 58,832 stock units clearing the market. ISP Finance advanced $7.36 and ended at $30 while exchanging 100 shares, Knutsford Express fell $2.89 in to $9.50 with investors swapping 17,473 stocks, Lasco Manufacturing gained 18 cents to end at $4.69 after 30,540 units were traded. Limners and Bards sank 9 cents to a 52 weeks’ low of $1.20 with investors dealing in 75,247 stock units and Main Event rose 12 cents to close at $16.12 after an exchange of 103,941 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Falling stocks pulled down all JSE markets
The Jamaica Stock Exchange closed trading on Tuesday with losses in all three markets after the Junior Market pushed higher in the morning session but fell in the latter part of trading as the market ended with the number of stocks that were exchanged fell, with the value jumping sharply over that on Tuesday as rising and declining stocks were even at 35 each.
At the close of trading, the JSE Combined Market Index fell 731.57 points to 332,396.75, the All Jamaican Composite Index dropped 1,452.88 points to 355,718.64, the JSE Main Index shed 647.61 points to end at 319,662.38. The Junior Market Index dropped 14.18 points to settle at 3,722.82 and the JSE USD Market Index skidded 1.07 points to end at 239.66.
At the close of trading, 29,690,680 shares were exchanged in all three markets, down from 36,430,685 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $120.94 million, up from $67.96 million on Monday and the JSE USD market closed with an exchange of 147,004 shares for US$5,094 compared to 317,598 units at US$259,958 on Monday.
Main Market trading was dominated by JMMB 9.5% preference share led trading with 2.84 million shares followed by Transjamaican Highway with 1.62 million stock units and Sagicor Select Financial Fund with 1.17 million units.
In the Junior Market, Future Energy led trading with 15.91 million shares followed by JFP Ltd with 711,974 units and Regency Petroleum with 603,202 units.
At the close of the market, some of the major Main Market stocks that rose are NCB Financial advanced $2.79 in closing at $68 and Seprod popped $2.30 to $84.30.
The major declining Main Market stocks include Eppley Caribbean Property Fund shed $1.01 and ended at $37.54, Guardian Holdings climbed $3, Jamaica Producers dropped $2.05 to $21.65, Mayberry Group sank $1.12 and ended at $7.08, MPC Caribbean Clean Energy dipped $1 and ended at $90 and Scotia Group declined $1.49 to close at $39.51.
Only one Junior Market stocks closed with solid gains on Tuesday as ISP Finance jumped $7.36 and ended at $30. The major losing Junior Market stocks include AMG Packaging dropping 60 cents to close at $2.56, Iron Rock Insurance dipping 41 cents to close at $2.10 and Knutsford Express falling $2.89 in closing at $9.50.
In the preference segment, Eppley 7.25% preference share skidded $2.64 in closing at $16.26 and Jamaica Public Service 7% rallied $7.99 to $49.99.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 20.7 on 2022-23 earnings and 13.9 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume pertaining to the highest bid and the lowest offer for each company.
Trading drops on Trinidad Exchange
The volume of stocks traded declined 49 percent and the value 36 percent lower than on Monday at the close of the Trinidad and Tobago Stock Exchange on Tuesday, resulting in 12 securities being traded down from 19 on Monday and ending with prices of three stocks rising, five declining and four remaining unchanged.
The market closed with an exchange of 196,786 shares for $1,906,389 down from 384,863 stocks at $2,986,127 on Monday.
An average of 16,399 shares were traded at $158,866 compared with 20,256 units at $157,165 on Monday, with trading month to date averaging 10,826 shares at $133,587 compared with 10,540 stock units at $132,290 on the previous day and an average of 17,065 shares with a value of $239,371 in December.
The Composite Index increased 0.07 points to finish trading at 1,213.80, the All T&T Index skidded 1.46 points to close at 1,811.58, the SME Index remained at 78.23 and the Cross-Listed Index rose 0.24 points to end trading at 80.35. Investor’s Choice bid-offer indicator shows eight stocks closing with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s climbed 25 cents to close at $68.50 as investors exchanged 960 units, Ansa McAl sank $1 to $56, with 6,295 stocks crossing the market, First Citizens Group shed 40 cents and ended at $50.60 with investors trading 509 shares. JMMB Group increased 5 cents in closing at $1.50 with 10,007 stock units crossing the exchange, Massy Holdings lost 5 cents to end at $4.40 after trading of 43,471 shares, National Enterprises ended at $3.90 while investors exchanged 81,717 stock units. National Flour Mills remained at $2 with a transfer of 7,357 stock units, Prestige Holdings remained at $9.30 with investors swapping 36,442 stocks,
Republic Financial ended trading at $120 with an exchange of 4,306 units. Scotiabank dipped 1 cent and ended at $70 in trading 332 shares, Trinidad Cement popped 15 cents to $3.15, after 3,390 stock units changed hands and Unilever Caribbean fell 5 cents to close at $11.75 with investors dealing in 2,000 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Sharp jump in Express Catering profit
Revenues climbed at Express Catering leading to a jump in profits in the first half of the company’s fiscal year to November 2023 as it rides the waves of recovery and growth in the tourism industry, resulting in profit jumping a robust 48 percent to US$187,240 in the November quarter from US$126,808 in 2022 and US$1.03 million for the half year, up 32 percent from US$779,649 in 2022.
Ian Dear, Managing Director of Express Catering
Revenues for the November quarter of 2023 climbed 23 percent to US$5.18 million from US$4.2 million in 2022 and were up 27 percent for the year to date, US$11.58 million compared to US$9.1 million in the previous year. Operating profit climbed 30 percent to US$846,457 for the quarter versus US$653,395 in the previous year and for the half year, it climbed 22 percent to US$2.25 million from US$1.85 million in 2022.
Finance costs took a nice bite out of numbers with an interest cost of US$660,608 in the 2023 November quarter from US$552,584 in 2022 and US$1.2 million for the half year from US$1 million in 2022. Most of the finance cost should be recovered from related companies that owe US$15.4 million and rising each year and is up from US$13.5 million in 2022. Had these funds not been lent out interest cost would have been substantially less with borrowings of US$9.5 million.
Earnings for the latest quarter ended at 0.01 US cents and 0.063 US cents for the half year. ICInsider.com projects 0.36 US or 55 cents Jamaican for the full year and J$1.10 for 2025. Based on these earnings the PE of the stock is only 7.2 or just over half of the market average of 13.2, suggesting a healthy upside for the stock in the months ahead.
Trading end mixed on JSE Main Market
Trading activity on the Jamaica Stock Exchange Main Market ended on Monday, with the volume of stocks traded rising 269 percent with a 48 percent lower value than on Friday, with trading in 60 securities compared with 48 on Friday, with prices of 26 stocks rising, 23 declining and 11 ending unchanged.
The market closed with 28,085,342 shares being traded for $46,276,168 versus 7,609,408 units at $89,452,687 on Friday.
Trading averaged 468,089 shares at $771,269 compared with 158,529 units at $1,863,598 on Friday and month to date, an average of 224,736 units at $1,572,318, compared to 205,969 units at $1,634,096 on the previous trading day and December with an average of 264,266 units at $3,755,946.
JMMB 9.5% preference share led trading with 18.65 million shares for 66.4 percent of total volume, followed by Wigton Windfarm with 4.92 million units for 17.5 percent of the day’s trade, Sagicor Select Financial Fund with 1.16 million stocks for 4.1 percent market share and Transjamaican Highway with 1.12 million shares for 4 percent of total volume.
The All Jamaican Composite Index rose 577.72 points to close at 357,171.52, the JSE Main Index dipped 1,065.68 points to lock up trading at 320,309.99 and the JSE Financial Index sank 0.06 points to culminate at 69.31.
The Main Market ended trading with an average PE Ratio of 13.7. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2024.
Investor’s Choice bid-offer indicator shows 12 stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, AS Bryden fell $1 to $40 with investors swapping 70 stock units, Berger Paints dropped 87 cents in closing at $5.22, with 10,815 shares crossing the exchange, Caribbean Cement rose $1.68 to close at $53 after investors traded 1,219 stocks. Caribbean Producers lost 32 cents to end at $8.28 after an exchange of 49,479 units, Eppley Caribbean Property Fund skidded $1.45 and ended at $38.55 with an exchange of 5,209 stocks, GraceKennedy advanced 55 cents to $76.95 after 23,988 shares were traded. Guardian Holdings sank $17 in closing at $372 with investors dealing in 218 stock units, Jamaica Broilers popped 45 cents and ended at $33.45 with a transfer of 18,508 units, Jamaica Producers climbed $1.70 to close at $23.70, with 57,546 stocks clearing the market. 
JMMB Group dipped 94 cents to end at $23.76 in an exchange of 36,987 units, Margaritaville increased $1.55 in closing at $17.05 with traders dealing in 7 shares, NCB Financial declined $2.78 to $65.21 in switching ownership of 14,720 stock units. 138 Student Living rallied 68 cents and ended at $4.18 after 120,803 shares passed through the market, Pan Jamaica shed 55 cents to close at $49.45 in trading 2,198 units, Proven Investments sank 54 cents to end at $21.40, with 4,956 stocks crossing the market. Sagicor Group shed 30 cents to $41.70 with an exchange of 4,824 stock units, Salada Foods dropped 55 cents to close at $3.30, with 107,023 shares crossing the market and Scotia Group gained $2 in closing at $41 after a transfer of 3,868 units.
In the preference segment, Eppley 7.50% preference share rose 30 cents and ended at $6.30 with investors trading 406 stocks, 138 Student Living preference share rallied 72 cents to end at a 52 weeks’ high of $193 in an exchange of 28 stock units, Productive Business Solutions 9.75% preference share lost $30 in closing at $90 with investors transferring 8 shares and Transjamaican Highway 8% increased 32 cents to $2.50, with 16,182 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Winning stocks top losers on Trinidad Exchange
Winning stocks top losers in trading on the Trinidad and Tobago Stock Exchange on Monday, following the volume of stocks changing hands rising 110 percent and valued 32 percent less than on Friday, resulting in 19 securities trading compared with 15 on Friday and ended with prices of seven rising, six declining and six remaining unchanged.
The market closed after an exchange of 384,863 shares for $2,986,127 compared with 183,039 stock units at $4,394,938 on Friday.
An average of 20,256 shares were traded at $157,165 compared with 12,203 units at $292,996 on Friday, with trading month to date averaging 10,540 shares at $132,290 compared with 9,682 units at $130,089 on the previous trading day and an average for December of 17,065 shares at $239,371.
The Composite Index advanced 5.84 points to close at 1,213.73, the All T&T Index declined 3.39 points to close trading at 1,813.04, the SME Index remained unchanged at 78.23 and the Cross-Listed Index popped 2.20 points to 80.11.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of trading on Monday, Agostini’s shed 25 cents to end at $68.25 in exchanging 15,725 stocks, Angostura Holdings sank 14 cents in closing at $21.50 with traders dealing in 150 units, Ansa McAl dropped $2.98 to $57, with 150 shares crossing the market. Ansa Merchant Bank remained at $43.25 after exchanging 500 stock units, First Citizens closed at $51 with an exchange of 4,225 shares, FirstCaribbean International Bank ended at $7.05 after a transfer of 1,500 stocks. GraceKennedy popped 1 cent to close at $4.16 in trading 24,150 units, Guardian Holdings remained at $18.15, with 200 stock units crossing the market, JMMB Group advanced 8 cents in closing at $1.45 with an exchange of 1,450 shares. Massy Holdings rose 1 cent to $4.45 and closed after an exchange of 146,700 stocks, National Enterprises gained 15 cents to end trading at $3.90 after investors exchanged 26,674 units, National Flour Mills rallied 5 cents to end at $2 in switching ownership of 38,275 stock units. 
NCB Financial increased 5 cents in closing at $3.06 with an exchange of 101,000 shares, Point Lisas lost 34 cents in closing at $3.56 with investors transferring 280 stocks, Prestige Holdings ended at $9.30 after 1,550 units were traded. Republic Financial dipped $2 to $120 with a transfer of 1,408 stock units, Scotiabank popped 1 cent to close at $70.01 in trading 150 shares, Unilever Caribbean fell 15 cents in closing at $11.80, with 651 units clearing the market and the West Indian Tobacco remained at $8.75 in an exchange of 20,125 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
