Republic drags down Trinidad market

Republic Financial shed $4.48 on Tuesday on the Trinidad and Tobago Stock Exchange and sent the main market indices into a dive, with a 16 percent rise in the volume of stocks traded rising with a 32 percent lesser value than on Monday resulting in 20 securities trading compared with 18 on Monday, with six stocks rising, seven declining and seven remaining unchanged.
Investors traded 243,373 shares for $2,894,825 versus 210,154 stock units at $4,260,730 on Monday. An average of 12,169 units were traded at $144,741 compared to 11,675 shares at $236,707 on Monday, with trading month to date averaging 20,171 shares at $500,200 versus 22,364 units at $597,586 on the previous day. The average trade for January amounts to 28,440 at $235,404.
The Composite Index dipped 11.70 points to 1,319.16, the All T&T Index declined 11.01 points to 1,970.70, the SME Index remained unchanged at 57.12 and the Cross-Listed Index dipped 1.74 points to close at 87.06.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini’s ended at $57 after an exchange of 73 shares, Angostura Holdings dipped 19 cents to close at $23.55 clearing the market with five units, Ansa McAl remained at $50 as 122 stock units changed hands. First Citizens Group gained 10 cents in ending at $50.10, with 1,150 stocks crossing the exchange, FirstCaribbean International Bank dropped 45 cents in closing at $6.15 after finishing trading of 25 shares, GraceKennedy ended at $4.75 with 2,743 stock units changing hands. Guardian Holdings remained at $25.05 with a transfer of 28,574 units, JMMB Group popped 7 cents to $1.97 in switching ownership of 868 stocks, Massy Holdings lost 1 cent in closing at $4.48 after trading 94,336 stocks. National Enterprises rose 34 cents to end at $3.94 after a transfer of 5,590 stock units, National Flour Mills slipped 1 cent in closing at $1.50 in an exchange of 18,664 shares, NCB Financial ended at $4.20 while exchanging 286 units. One Caribbean Media remained at $3.70 with the swapping of 5,700 stocks, Prestige Holdings fell 10 cents to $6.90 with an exchange of 10 shares, Republic Financial shed $4.48 to close at $133.51 as 3,463 units passed through the market. Scotiabank increased 3 cents in ending at $77.98 with 8,047 stock units crossing the market, Trinidad & Tobago NGL advanced 10 cents to $21.10 as investors exchanged 3,901 stock units, Trinidad Cement dropped 1 cent in closing at $3.59 with 54,818 shares changing hands. Unilever Caribbean rallied 24 cents to end at $13.89, with 10,511 stocks crossing the market and West Indian Tobacco remained at $20.50 in an exchange of 4,487 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Rising Trinidad exchange stocks edged out decliners

Market activity slipped on the Trinidad and Tobago Stock Exchange on Monday, with a 12 percent fall in the volume of stocks traded with a modest slippage in value compared with Friday resulting in 18 securities trading as was the case on Friday, with five stocks rising, four declining and nine remaining unchanged.
By the close, investors traded 210,154 shares valued $4,260,730, down from 239,632 stock units at $4,387,314 on Friday.
An average of 11,675 units were traded at $236,707 compared to 13,313 shares at $243,740 on Friday, with trading month to date averaging 22,364 shares at $597,586 versus 25,862 units at $715,691 on the previous day. The average trade for January amounts to 28,440 at $235,404.
The Composite Index rose 6.75 points to end at 1,330.86, the All T&T Index gained 0.94 points to end at 1,981.71, the SME Index remained unchanged at 57.12 and the Cross-Listed Index rose 1.81 points to close at 88.80.
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, Agostini’s gained $1 in closing at a 52 weeks’ high of $57, with the swapping of 7 shares, Angostura Holdings ended at $23.74 after exchanging 52 stocks, Calypso Macro Investment Fund remained at $20.25, with 81 stock units clearing the market. First Citizens Group remained at $50 after 5,750 units were traded, FirstCaribbean International Bank popped 45 cents to $6.60 after a transfer of 24 stocks, GraceKennedy ended at $4.75 after trading 19,044 stock units. Guardian Holdings shed 75 cents to end at $25.05, with 1,063 shares changing hands, JMMB Group dipped 9 cents to $1.90 with investors transferring 38,371 units, Massy Holdings ended at $4.49 with an exchange of 38,507 stock units. National Enterprises declined 39 cents to $3.60 in trading 71,853 stocks, NCB Financial remained at $4.20 after an exchange of 1,119 shares, One Caribbean Media rallied 20 cents to $3.70 as 2,400 units passed through the market. Republic Financial increased $3.99 to close at $137.99 in exchanging 21,495 units, Scotiabank popped 1 cent to end at $77.95 after finishing trading 3,043 shares, Trinidad & Tobago NGL remained at $21 as investors traded 6,170 stocks. Trinidad Cement ended at $3.60 in an exchange of 629 stock units, Unilever Caribbean dropped 25 cents to $13.65, with 141 stocks crossing the exchange and West Indian Tobacco remained at $20.50, with 405 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Two companies exist ICTOP10

As was the case last week, the Jamaica stock market continues to consolidate as it awaits developments that will push investors to act decisively. At the same time, the Main Market traded heavily and sat below the close of the previous week but the Junior Market mostly traded above the prior week’s close.
After just one week in the ICTOP10, Tropical Battery price rose this week and resulted in the stock falling outside the top flight, to be replaced by Lasco Manufacturing that dropped out during the previous week. In the Main Market, Scotia Group slipped out of the TOP10 and Radio Jamaica reentered.
At the end of the week, Tropical Battery rose 9 percent to $2.60, Image Plus Consultants gained 6 percent to close at $2.05, Paramount Trading rallied 5 percent to $2.20 and Iron Rock Insurance rose 4 percent to end at $2.50. Honey Bun fell 8 percent to $7.07 and was the only one of only two stocks to decline for the week, with the other slipping by just one percent.
In the Main Market, 138 Student Living popped 11 percent to $5.56, while Berger Paints fell 8 percent to $9.75, followed by a 5 percent decline for Jamaica Broilers to close at $30.
At the end of the week, the average PE for the JSE Main Market TOP 10 is 5.6, well below the market average of 14.7, while the Junior Market Top 10 PE sits at 6.6 versus the market at 12.8, important indicators of the level of the undervaluation of the ICTOP10 stocks currently. The Junior Market is projected to rise by 208 percent and the Main Market TOP10 an average of 275 percent, to May this year. The major concern for the Main Market achieving such gains by May is that the list is dominated by financial companies that are out of favour and may need to see the summer months before full interest of investor start to show.
The Junior Market has 16 stocks representing 33 percent of the market, with PEs from 15 to 31, averaging 21 compared with the above average of the market. The top half of the market has an average PE of 18. The above average shows the extent of potential gains for the TOP 10 stocks. The situation in the Main Market is similar, with the 18 highest valued stocks priced at a PE of 15 to 116, with an average of 28 and 21 excluding the highest valued stocks and 28 for the top half excluding the highest valued stock.
ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market but not always. ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued stocks and helping to remove emotions in selecting stocks for investments that often result in costly mistakes.
IC TOP10 stocks are likely to deliver the best returns up to the end of May 2023 and are ranked in order of potential gains, computed using projected earnings for the current fiscal year. Expected values will change as stock prices fluctuate and result in weekly movements in and out of the lists. Revisions to earnings are ongoing, based on receipt of new information.

Persons who compiled this report may have an interest in securities commented on in this report.

Trading plunges on the Trinidad Exchange

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More stocks declined that gained on the Trinidad and Tobago Stock Exchange on Friday as trading activity fell compared to Thursday, with a 59 percent fall in the volume of stocks changing hands, with an 80 percent lower value, resulting in 18 securities trading compared with 21 on Thursday, with prices of three stocks rising, six declining and nine remaining unchanged.
Investors traded 239,632 shares for $4,387,314. compared to 578,879 stock units at $21,821,167 on Thursday.
Trading averaged 13,313 shares at $243,740 versus 27,566 units at $1,039,103 on Thursday. Trading month to date averages 25,862 shares at $715,691 compared to 31,966 units at $945,289 on the previous day. The average trade for January amounts to 28,440 at $235,404.
The Composite Index increased 2.41 points to end at 1,324.11, the All T&T Index rallied 3.46 points to 1,980.77, the SME Index remained unchanged at 57.12 and the Cross-Listed Index climbed 0.18 points to end at 86.99.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s remained at $56 after a transfer of 8,481 shares, Angostura Holdings ended at $23.74, with 495 stock units clearing the market, Ansa McAl popped $1.99, ending at $50 after an exchange of 480 units. Calypso Macro Investment Fund remained at $20.25 after 211 stocks were traded, First Citizens Group ended at $50, with 200 stocks crossing the market, FirstCaribbean International Bank gained 4 cents in ending at $6.15 with investors transferring 4,549 units. GraceKennedy ended at $4.75 as 720 shares passed through the market, Guardian Holdings shed 20 cents to end at $25.80 in trading 233 stock units, JMMB Group remained at $1.99 with one stock changing hands. L.J. Williams B share dipped 15 cents to $2.55 in an exchange of 600 units, Massy Holdings remained at $4.49 in switching ownership of 197,706 shares, National Enterprises climbed 39 cents in closing at $3.99 after an exchanging of 1,114 stock units. One Caribbean Media ended at $3.50, with 1,000 stocks crossing the market, Point Lisas ended at $3.55 with a transfer of 545 stock units, Republic Financial fell $3.50 to $134 with an exchange of 20,999 shares. Scotiabank added 1 cent in closing at $77.94 with 523 units changing hands, Trinidad & Tobago NGL dropped 25 cents to $21 in trading 1,600 shares and West Indian Tobacco lost 1 cent to close at $20.50, with 175 units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Stocks mostly gain but Trinidad exchange falters

Rising stocks outpace those declining, two to one on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded declining slightly compared with Wednesday, with a 66 percent higher value, resulting in 21 securities trading up from 16 on Wednesday, with prices of eight stocks rising, four declining and nine remaining unchanged.
Investors traded 578,879 shares for $21,821,177 versus 603,880 stocks at $13,154,529 on Wednesday.
An average of 27,566 units were traded at $1,039,103 compared to 37,743 shares at $822,158 on Wednesday, with trading month to date averaging 31,966 shares at $945,289 versus 37,743 units at $822,186 on the previous day. The average trade for January amounts to 28,440 at $235,404.
The Composite Index lost 3.59 points to close at 1,321.70, the All T&T Index fell 4.70 points to 1,977.31, the SME Index remained unchanged at 57.12 and the Cross-Listed Index declined 0.34 points to 86.81.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s increased $2 to a 52 weeks’ high of $56, with 19 shares crossing the exchange, Angostura Holdings lost 1 cent in closing at $23.74 after switching ownership of 125 stocks, Ansa McAl popped 1 cent to $48.01 as investors exchanged 5,204 stock units. Calypso Macro Investment Fund ended at $20.25 with 600 units clearing the market, First Citizens Group dipped 49 cents in ending at $50 with the swapping of 1,918 units, FirstCaribbean International Bank climbed 1 cent in closing at $6.11 as 2,386 shares passed through the market. GraceKennedy gained 5 cents to $4.75, with 31,155 stocks changing hands, Guardian Holdings remained at $26 after an exchange of 218,509 stock units, JMMB Group ended at $1.99 in exchanging 2,250 stock units. L.J. Williams B share remained at $2.70 with a transfer of 10 stocks, Massy Holdings ended at $4.49 with trading in 25,399 units, National Enterprises declined 11 cents in closing at $3.60 after 115,000 shares changed hands. National Flour Mills advanced 1 cent to close at $1.51, with 10,100 stocks crossing the market, One Caribbean Media rose 39 cents to $3.50 while exchanging 30,000 stock units, Point Lisas rallied 5 cents to end at $3.55 with 459 units changing hands. Prestige Holdings remained at $7 after a transfer of 1,650 shares, Republic Financial remained at $137.50 with an exchange of 98,145 shares, Scotiabank ended at $77.95 in trading 17,649 stock units. Trinidad & Tobago NGL remained at $21.25 as 15,744 units changed hands, Unilever Caribbean increased 30 cents in closing at $13.90 with investors transferring 1,086 stocks and West Indian Tobacco fell 80 cents to end at $20.51 in trading 1,471 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading up on Trinidad Exchange

Trading picked up sharply on the Trinidad and Tobago Stock Exchange to start off the new months on Wednesday on a positive note, with the volume of stocks traded rising 61 percent with a 372 percent greater value than on Tuesday resulting in 16 securities trading compared with 18 on Tuesday, with four stocks rising, five declining and seven remaining unchanged.
Trading jumped with 603,880 shares changing hands for $13,154,529 compared with 376,062 stock units at $2,789,039 on Tuesday. An average of 37,743 units were traded at $822,158 versus 20,892 shares at $154,947 on Tuesday. January ended with an average of 28,440 shares at $235,404.
The Composite Index rose 1.92 points to close at 1,325.29, the All T&T Index rose 0.20 points to 1,982.01, the SME Index remained unchanged at 57.12 and the Cross-Listed Index climbed 0.53 points to settle at 87.15.
Investor’s Choice bid-offer indicator shows ten stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Angostura Holdings shed 15 cents in closing at $23.75 after an exchange of 42 shares, Ansa McAl dropped $2.90 to close at $48 with 5,000 stock units changing hands, Calypso Macro Investment Fund ended at $20.25, with 30 units crossing the market. First Citizens Group rallied 39 cents to end at $50.49 after 177 stocks were traded, GraceKennedy popped 20 cents in ending at $4.70 with an exchange of 552 stock units, Guardian Holdings remained at $26 after exchanging 287,982 stocks. JMMB Group dipped 5 cents in ending at $1.99 and closed with 28,206 units passing through the market, Massy Holdings remained at $4.49 in switching ownership of 175,954 shares, National Enterprises added 11 cents to close at $3.71, with 65,330 stock units crossing the exchange. NCB Financial ended at $4.20 with investors trading 1,059 shares, One Caribbean Media remained at $3.11 with the swapping of 4,737 stocks, Republic Financial increased 12 cents to $137.50 after trading 30,200 units. Scotiabank ended at $77.95 in an exchange of 1,108 shares, Trinidad & Tobago NGL declined 5 cents in closing at $21.25 in 2,334 stock units changing hands, Unilever Caribbean remained at $13.60 while exchanging 993 stocks and West Indian Tobacco fell 1 cent to end at $21.31 after a transfer of 176 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Slippage for Trinidad and Tobago exchange

The Trinidad and Tobago Stock Exchange closed on Tuesday, with the major market indices falling after slightly more stock prices rose that declined following a 95 percent increase in the volume of stocks traded, with the value dropping 52 percent lower than on Monday and resulting in 18 securities changing hands compared with 17 on Monday and ending with prices of three stocks rising, five declining and ten remaining unchanged.
Investors traded 376,062 shares for $2,789,039 versus 193,164 stock units at $5,765,140 on Monday.
Trading averaged 20,892 units at $154,947 compared with 11,363 shares at $339,126 on Monday, with trading month to date averaging 28,440 shares at $235,410 versus 28,840 units at $239,683 on the previous day. The average trade for December amounts to 42,745 at $474,822.
The Composite Index dropped 4.19 points to 1,323.37, the All T&T Index shed 8.79 points to end at 1,981.81, the SME Index remained unchanged at 57.12 and the Cross-Listed Index popped 0.10 points to close at 86.62.
Investor’s Choice bid-offer indicator shows four 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 $54 after 6,504 shares crossed the market, Ansa McAl rallied 40 cents to end at $50.90 in trading 1,155 stocks, Calypso Macro Investment Fund ended at $20.25 with an exchange of 127 units. First Citizens Group gained 10 cents in closing at $50.10, with 4,163 stock units crossing the market, FirstCaribbean International Bank remained at $6.10 as investors exchanged 17,982 stocks, GraceKennedy ended at $4.50, with 44 stock units crossing the exchange. Guardian Holdings remained at $26 in an exchange of 5,044 units, JMMB Group dipped 3 cents to $2.04 as 148,777 shares were traded, Massy Holdings ended at $4.49 after an exchange of 57,288 shares. National Enterprises lost 10 cents to close at $3.60 with investors transferring 110,000 stock units, National Flour Mills ended at $1.50 trading 1,477 stocks, NCB Financial dropped 10 cents in closing at a 52 weeks’ low of $4.20 after an exchange of 3,915 units. Prestige Holdings remained at $7 after trading 35 stock units, Republic Financial dipped 62 cents to close at $137.38 after 4,975 shares changed hands, Scotiabank remained at $77.95, with 1,213 units clearing the market. Trinidad & Tobago NGL popped 5 cents to end at $21.30 as 345 stocks passed through the market, Unilever Caribbean ended at $13.60 with the swapping of 12,776 stocks and West Indian Tobacco fell 63 cents to close at $21.32 while exchanging 242 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Moderate changes for Trinidad Exchange

Investors pumped vastly more funds into trading on the Trinidad and Tobago Stock Exchange on Monday, but the volume of stocks traded declined 40 percent with the value jumping 196 percent over trades on Friday, resulting in the trading of 17 securities down from 19 on Friday, with prices of four stocks rising, one declining and 12 remaining unchanged.
Investors traded 193,164 shares for $5,765,140 compared with 324,227 stock units at $1,944,573 on Friday.
An average of 11,363 units were traded at $339,126 compared with 17,065 shares at $102,346 on Friday, with trading month to date averaging 28,840 shares at $239,683 versus 29,763 units at $234,433 on the previous day. The average trade for December amounts to 42,745 at $474,822.
The Composite Index lost 0.63 points to 1,327.56, the All T&T Index increased 0.77 points to 1,990.60, the SME Index remained unchanged at 57.12 and the Cross-Listed Index fell 0.30 points to 86.52.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Angostura Holdings remained at $23.90 after 240 shares were traded, Calypso Macro Investment Fund ended at $20.25 with 321 units changing hands, First Citizens Group ended at $50 in switching ownership of 3,855 stock units. GraceKennedy remained at $4.50 after an exchange of 500 stocks, 989 shares of Guardian Holdings were exchanged at $26 each, JMMB Group ended at $2.07 after 39,230 shares changed hands. Massy Holdings ended at $4.49 as investors traded 44,064 units, National Enterprises popped 1 cent in closing at $3.70 with investors transferring 12,976 stock units, National Flour Mills ended at $1.50 as 8,000 stock units passed through the market. NCB Financial ended at $4.30 in trading 16,050 units, One Caribbean Media gained 1 cent to $3.11, with 2,220 stocks crossing the exchange, Point Lisas popped 43 cents to close at $3.50 while exchanging 295 shares. Prestige Holdings remained at $7, with 5,000 stocks clearing the market, Republic Financial rallied 75 cents to end at $138 after a transfer of 32,417 stock units, Scotiabank remained at $77.95, with 994 units crossing the market. Trinidad & Tobago NGL shed 5 cents in closing at $21.25 in an exchange of 8,176 shares and West Indian Tobacco ended at $21.95 after investors traded 17,837 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

A Lasco company exists ICTOP10

The Jamaica stock market continues to consolidate, awaiting a dynamic development to push it decisively in one direction or another as the Bank of Jamaica quietly tightened the money supply further in January, drying up buying power in the short run. The first big likely move is unlikely to be a reduction of interest rates which is seemingly set to occur in the second quarter, but the reporting of substantially increased profits to flow from some companies.
Tropical Battery returns to the ICTOP10 list for this week with projected earnings of 30 cents for the current year, up from 15 cents last fiscal year and replaces Lasco Manufacturing which dropped out with a rise in price during the week as the supply of the stock has drooped sharply recently, with just 11 offers to sell now in the system.
Image Plus Consultants reported nine months results with revenues rising 27 percent in the November quarter to $248 million and 43 percent in the nine months to $803 million, while profit  rose moderately to $24 million from $22 million in 2021 and for the nine months profits nearly tripled that of 2021 to reach $148 million. The company reported incorrect earnings per share for the periods, using the incorrect number of shares. As a result, rather than 29 cents per share for the quarter and $1.84, it is 2.3 cents and 15 cents for the nine months. Regardless, the stock is cheap based on these earnings and those to come.
Honey Bun rose 10 percent to $7.69, with the December quarter results due any time now, Lasco Financial gained 9 percent to $2.84 and Lasco Manufacturing gained 5 percent to $4.79. General Accident rallied 6 percent to $4.99. Image Plus Consultants entered the ICTOP10 after just one day of trading and fell to a low of $1.86 during the past week before rebounding to close this past week with a fall of 12 percent to $1.93, Caribbean Assurance Brokers lost 6 percent of its value to close at $2 and Paramount Trading fell 5 percent to $2.10.
All other movements in the Junior Market TOP10 were 3 percent or less. The Main Market Berger Paints popped 12 percent to $10.60, followed by a 9 percent rise for Jamaica Broilers to close at $31.50 and Guardian Holdings with a gain of 4 percent to $535. There were no notable losses.
At the end of the week, the average PE for the JSE Main Market TOP10 is 5.6, well below the market average of 15, while the Junior Market Top 10 PE sits at 6.5 versus the market at 12.6, critical indicators of the level of the undervaluation of the ICTOP10 stocks currently. The Junior Market is projected to rise by 211 percent and the Main Market TOP10 by an average of 274 percent to May this year. The primary concern for the Main Market achieving such gains by May is that the list is dominated by financial companies that are out of favour and may need to see the summer months before the full interest of investor start to show.
The Junior Market has 15 stocks representing 31 percent of the market, with PEs from 15 to 29, averaging 21 compared with the above average of the market. The top half of the market has an average PE of 18, with prices of Fosrich and Future Energy adjusting downwards closer to the average of the TOP15. The above average shows the extent of potential gains for the TOP 10 stocks. The situation in the Main Market is similar, with the 18 highest valued stocks priced at a PE of 15 to 116, with an average of 27 and 20 excluding the highest valued stocks and 27 for the top half excluding the highest valued stock.
ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market but not always. ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued stocks and helping to remove emotions in selecting stocks for investments that often result in costly mistakes.
IC TOP10 stocks will likely deliver the best returns up to the end of May 2023 and are ranked in order of potential gains, computed using projected earnings for the current fiscal year. Expected values will change as stock prices fluctuate, resulting in weekly movements in and out of the lists. Revisions to earnings are ongoing, based on receipt of new information.

Persons who compiled this report may have an interest in securities commented on in this report.

 

 

 

Trinidad Exchange bounces

Rising stocks pushed the Trinidad and Tobago Stock Exchange higher on Friday, but the volume of stocks traded declined 12 percent with the value being 56 percent lower than on Thursday resulting in 19 securities trading compared with 19 on Thursday and ended with five stocks rising, seven declining and seven remaining unchanged.
Investors traded 324,227 shares for $1,944,573 compared to 368,174 stock units at $4,467,202 on Thursday.
An average of 17,065 units were traded at $102,346 compared with 19,378 shares at $235,116 on Thursday, with trading month to date averaging 29,763 shares at $234,433 compared with 30,559 units at $242,715 on the previous day. The average trade for December ended at 42,745 for $474,822.
The Composite Index gained 17.31 points to 1,328.19, the All & Index popped 6.23 points to 1,989.83, the SME Index closed unchanged at 57.12 and the Cross-Listed Index popped 4.08 points to settle at 86.82.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Angostura Holdings rose 20 cents to $23.90, with 625 shares crossing the exchange, Ansa McAl climbed $1 to end at $50.50 after 1,250 stocks changed hands, Calypso Macro Investment Fund remained at $20.25 after a transfer of 112 units. First Citizens Group dipped 10 cents to $50 as investors exchanged 3,293 stock units, FirstCaribbean International Bank gained 50 cents to close at $6.10, with 25,722 units changing hands, GraceKennedy rallied 5 cents to $4.50, with 1,174 stocks crossing the market. Guardian Holdings ended at $26 with an exchange of 16,606 stock units, JMMB Group lost 17 cents in closing at $2.07, with 67,687 shares clearing the market, L.J. Williams B share ended at $2.70 after an exchange of 100 units. Massy Holdings remained at $4.49 in trading 35,129 stocks, National Enterprises slipped 1 cent in closing at $3.69 with an exchange of 74,750 shares, National Flour Mills declined 5 cents to $1.50 and closed with 30,000 stock units passing through the exchange. NCB Financial remained at $4.30 with investors trading 33,398 stock units, One Caribbean Media dropped 1 cent to close at $3.10 after a transfer of 25,290 shares, Republic Financial fell 75 cents to end at $137.25 in trading 211 stocks  Scotiabank ended at $77.95 after an exchange of 1,249 units, Trinidad & Tobago NGL dropped 8 cents in ending at $21.30 after switching ownership of 2,115 stocks, Trinidad Cement remained at $3.60 with the swapping of 993 units and West Indian Tobacco advanced 10 cents to $21.95 in finishing trading of 4,523 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.