Trinidad Exchange weighted down by selling

Stocks ended with mostly losses on the Trinidad and Tobago Stock Exchange on Friday, with the volume of stocks traded declining 76 percent compared to Thursday, with a 22 percent greater value and resulting in 17 securities trading similar to Thursday and ended with prices of three stocks rising, seven declining including three that closed at 52 weeks’ lows and seven ended firm.

The market closed with trading of 220,060 shares valued $6,419,504 compared with 926,597 stock units at $5,261,776 on Thursday. At the close, an average of 12,945 shares were traded at $377,618 compared with 54,506 units at $309,516 on Thursday, with trading for the month to date averaging 42,460 shares at $325,395 compared to 44,227 units at $325,395 on the previous day and an average for September of 19,319 shares at $151,318.

The Composite Index shed 4.02 points to land at 1,040.64, the All T&T Index skidded 6.76 points to 1,556.05, the SME Index remained unchanged at 88.01 and the Cross-Listed Index skidded 0.15 points to 68.46.

The Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and four with lower offers.

At the close, Agostini’s ended at $62.45 with 3,012 shares crossing the market, Ansa McAl remained at $60 in an exchange of 1,127 stocks, First Citizens Group rallied 7 cents to end at $40.47 with an exchange of 113,580 stock units. FirstCaribbean International Bank increased 1 cent in closing at $7.06 with 49 stock units crossing the exchange, GraceKennedy dropped 5 cents to finish at $3.60 with investors dealing in 1,843 shares, Guardian Holdings lost $1.25 and ended at a 52 weeks’ low of $13.25 after 5,000 stocks passed through the market. Guardian Media ended at $1.40 with an exchange of 857 units, JMMB Group slipped 6 cents to end at $1 with 389 stock units clearing the market, Massy Holdings fell 9 cents in closing at $3.56 with traders dealing in 61,007 shares. National Enterprises remained at $2.85 with 7,532 stocks crossing the market, One Caribbean Media declined 24 cents to finish at a 52 weeks’ low of $2.91 with investors trading 850 units, Prestige Holdings ended at $10.50 after a transfer of 285 stock units. Republic Financial sank 5 cents to end at a 52 weeks’ low of $111.95 after 10,515 shares, were traded, Scotiabank remained at $56.35 with an exchange of 65 stock units, Trinidad & Tobago NGL dipped 25 cents and ended at $4.75 after 11,289 units were traded. Unilever Caribbean ended at $10.25 with a transfer of 1,097 stocks and West Indian Tobacco popped 15 cents in closing at $6.15 after an exchange of 1,563 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Rising prices hit Trinidad Exchange

Trading picked up and resulted in a sharp 176 percent jump in the volume of stocks traded on Thursday with the value surging 169 percent over that on Wednesday at the close of the Trinidad and Tobago Stock Exchange and resulted in activities in 17 stocks up from 11 on Wednesday and ending with prices of eight stocks rising, two declining and seven ending firm.

The market closed with trading of 926,597 shares up from $5,261,776 compared to 335,330 stock units at $1,958,847 on Wednesday.

An average of 54,506 shares were traded at $309,516 up from 30,485 stocks at $178,077 on Wednesday, with trading for the month to date averaging 44,227 shares with an average value of $322,269, up from 43,573 units at $323,081 on the previous day and an average for September of 19,319 shares at $151,318.

The Composite Index rallied 7.59 points to close at 1,044.66, the All T&T Index rose 8.16 points to end the day at 1,562.81, the SME Index remained at 88.01 and the Cross-Listed Index advanced 0.98 points to conclude trading at 68.61.

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, Agostini’s ended at $62.45 with investors dealing in 510 stock units, Angostura Holdings remained at $16, with 14,500 shares clearing the market, Ansa McAl remained at $60 with investors trading 483 stocks. First Citizens Group ended at $40.40 with an exchange of 31,700 units, GraceKennedy rallied 5 cents to end at $3.65 with 1,436 stocks changing hands, Guardian Holdings increased $1.24 in closing at $14.50 with investors trading 2,000 units. Massy Holdings climbed 15 cents to $3.65 in switching ownership of 761,573 shares, National Enterprises fell 8 cents to finish at $2.85 with traders dealing in 19,650 stock units, Flour Mills rose 11 cents and ended at $1.80 with 4,150 shares crossing the market. NCB Financial advanced 20 cents to close at $2.50 after an exchange of 3,000 units, One Caribbean Media popped 15 cents to end at $3.15 after 4,750 stocks passed through the market, Prestige Holdings ended at $10.50 as investors exchanged 58,251 stock units. Republic Financial gained 20 cents to $112 with 1,092 shares crossing the market, Scotiabank remained at $56.35 in an exchange of 25 stock units, Trinidad & Tobago NGL rose 27 cents to close at $5 with 4,500 units changing hands. Trinidad Cement shed 6 cents and ended at $2.79 after 475 stocks crossed the exchange and West Indian Tobacco ended at $6 after investors ended trading 18,502 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trinidad stocks had a steady week

The Trinidad and Tobago Stock Exchange closed the week with only a few points changing in the market indices after the week ended with 7 stocks rising and 5 declining, with the PE ratios of the majority of stocks remaining very attractive with big upside gains ahead, with a slight improvement over the prior week with declining stocks edging out those rising 9 to 8.

The average PE ratio of the market is 11.1 compared to 5.4 based on the current year’s earnings. The huge difference between the two shows how undervalued the market currently is and the extent of the upside that lies ahead.

Winning stocks of note for the week are Ansa McAl up $2.79, Republic Holdings up 43 cents and Guardian Holdings with a gain of 25 cents. CinemaOne fell 40 cents and Unilever Caribbean lost 24 cents were the two declines of note.

Several stocks could gain more than 100 percent when the market comes back to life, these include, First Caribbean with a possible gain of 240 percent, Guardian Holdings at 500 percent, Republic Holdings at 120 percent, Massy Holdings at 120 percent, Prestige Holdings at 100 percent, Trinidad Cement with 280 percent, Eric Solis 400 percent and One Caribbean Media with 285 percent.

Losing stocks clobber Trinidad Exchange


Stocks mostly dropped on the Trinidad and Tobago Stock Exchange on Tuesday, with prices of one stock rising and 12 declining of which three closed at a 52 weeks’ low as seven ended firm after 20 securities were traded, up from 16 on Monday and ending the volume of stocks traded declining 88 percent and valued 83 percent less than on Monday 

The market closed with trading of 161,974 shares for $1,796,520 down sharply from 1,353,415 stock units at $10,610,218 on Monday. An average of just 8,099 shares were traded at $89,826 well below 84,588 units at $663,139 on Monday, with trading month to date averaging 44,135 stocks at $329,312 compared with 47,189 shares at $349,607 on the previous day and an average for September of 19,319 units at $151,318.

 The Composite Index fell 2.77 points to close at 1,034.85, the All T&T Index declined 4.36 points to wrap up trading at 1,549.35, the SME Index remained unchanged at 88.01 and the Cross-Listed Index shed 0.15 points to close at 67.78.
The Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and one with a lower offer.
 At the close, Agostini’s remained at $62.25 with investors dealing in 50 shares, Angostura Holdings slipped 50 cents and ended at $16 in switching ownership of 92 stocks, 
 Ansa McAl ended at $60 after 272 shares passed through the market. First Citizens Group fell 5 cents in closing at $40.40 in an exchange of 19,508 stock units, FirstCaribbean International Bank skidded 15 cents to end at $7.05 and closed after 233 shares were traded, GraceKennedy lost 5 cents to close at $3.60 in an exchange of 33,137 stock units. Guardian Holdings gained $1 to end at $14.25 with investors trading 2,485 stocks, Guardian Media declined 9 cents and ended at $1.40 after an exchange of 100 units, JMMB Group remained at $1 with a transfer of 8,140 shares. L.J. Williams B share sank 7 cents to end at $1.49 with 100 stock units crossing the exchange, Massy Holdings ended at $3.50 after a transfer of 52,528 units, National Enterprises dipped 1 cent to finish at $2.93 as investors exchanged 7,175 stocks. National Flour Mills ended at $1.70 with 7,418 shares clearing the market, One Caribbean Media sank 11 cents to $3 with investors trading 16,573 units, Prestige Holdings remained at $10.50 with 1,083 stocks crossing the market. Republic Financial shed 39 cents to finish at $111.53 in trading 4,505 stock units, Scotiabank ended at $56.40 with 20 shares changing hands, Trinidad & Tobago NGL dipped 2 cents to end at a 52 weeks’ low of $4.73 with an exchange of 7,280 stocks. Unilever Caribbean fell 1 cent to a 52 weeks’ low of $10.25 with 679 units crossing the market and West Indian Tobacco dropped 51 cents to finish at a 52 weeks’ low of $6 with traders dealing in 596 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trinidad stocks close lower

Stocks ended lower on the Trinidad and Tobago Stock Exchange on Monday, with the volume of stocks traded rising 528 percent valued 45 percent more than on Friday, resulting from trading activities in 16 securities compared with 17 on Friday and ending with prices of four stocks rising, seven declining and five ending firm.

The market closed with trading of 1,353,415 shares for $10,610,218 compared to 215,622 stocks at $7,340,236 on Friday.

An average of 84,588 shares were traded at $663,139 compared with 12,684 stocks at $431,779 on Friday, with trading month to date averaging 47,189 shares at $349,607 compared with 44,489 units at $326,805 on the previous day and an average for September of 19,319 stocks at $151,318.

Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and three with lower offers.

At the close of market activities, Agostini’s fell 25 cents to close at $62.25 with 857 shares changing hands, Ansa McAl declined $2.79 to $60 with investors dealing in 1,200 stocks, First Citizens Group gained 3 cents to end at $40.45 after a transfer of 3,867 shares. GraceKennedy sank 4 cents in closing at $3.65 with investors trading 6,254 stock units, Guardian Holdings ended at $13.25 in an exchange of 4,728 shares, JMMB Group dropped 6 cents and ended at a 52 weeks’ low of $1 with 3,000 units crossing the market. Massy Holdings lost 5 cents to end at $3.50 in switching ownership of 1,149,580 stocks, National Enterprises slipped 1 cent to finish at $2.94 and closed after 7,816 stock units, changing hands, National Flour Mills remained at $1.70 in trading 11,661 shares. 

NCB Financial sank 5 cents in closing at $2.25 after exchanging 60,000 units, Prestige Holdings ended at $10.50 in trading 96 stocks, Republic Financial remained at $111.92 as investors exchanged 50,088 stock units. Scotiabank rose 40 cents in closing at $56.40 with a transfer of 2,987 shares, Trinidad & Tobago NGL remained at $4.75 with investors swapping 300 units, Trinidad Cement climbed 13 cents to close at $2.85 with an exchange of 16,136 stocks and West Indian Tobacco popped 1 cent to end at $6.51, with 34,845 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Weakness of Trinidad Exchange continues

JMMB ended trading at 52 weeks’ low and West Indian Tobacco at a multi-year low on Thursday, on the Trinidad and Tobago Stock Exchange, with trading in 15 securities, down from 18 on Wednesday and ending with prices of three stocks rising, eight declining and four ended firm following a 32 percent decline in the volume of stocks traded with a 15 percent lower value than on Wednesday.
A total of 129,847 shares were traded for $1,051,586, from 191,862 stocks at $1,239,785 on Wednesday.
An average of 8,656 stock units were exchanged at $70,106 compared with 10,659 shares at $68,877 at the close on Wednesday, with trading for the month to date averaging 9,848 shares at $167,611 down from 9,925 units at $173,941 on the previous day and an average for June of 9,110 shares at $119,497.
The Composite Index climbed 2.60 points to end the day at 1,120.74, the All T&T Index rose 5.42 points to 1,683.33, the SME Index remained at 87.78 and the Cross-Listed Index dropped 0.06 points to conclude trading at 72.61.
The market continues its weak tone as reflected in the Investor’s Choice bid-offer indicator showing three stocks ending with bids higher than their last selling prices and seven with lower offers.
At the close, Agostini’s dipped 50 cents and ended at $69.50 after a transfer of 443 shares, Angostura Holdings slipped 6 cents to $18 with investors trading 1,029 stocks, Calypso Macro Investment Fund declined 30 cents to close at $23.70 after an exchange of 12,050 units. Endeavour Holdings ended at $17 with trading of 10 stocks, First Citizens Group added 5 cents to close at $44.05 with investors exchanging 382 shares, FirstCaribbean International Bank fell 4 cents to $6.86, with 53,358 stock units changing hands. JMMB Group shed 1 cent to close at a 52 weeks’ low of $1.14 with traders dealing in 700 units, Massy Holdings popped 20 cents to close at $3.70 after an exchange of 11,884 stocks, National Enterprises ended at $3.21 after 25,101 units passed through the exchange. Prestige Holdings dipped 8 cents to $12.70 with a transfer of 620 stocks, Republic Financial remained at $115 with 636 shares crossing the exchange, Scotiabank advanced 99 cents and ended at $63.99 in switching ownership of 200 stock units. Trinidad & Tobago NGL ended at $7 with 11,820 shares clearing the market, Trinidad Cement sank 30 cents in closing at $2.65 in an exchange of 11,564 stocks and West Indian Tobacco skidded 20 cents and ended at a 52 multi-year low of $8.30 with investors dealing in 50 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Slide continues on Trinidad Exchange

The long sliding Trinidad Stock Exchange

Falling stocks continue to dominate trading the Trinidad and Tobago Stock Exchange on Monday, with nine declining just two rising and six ended firm after trading in 17 securities similar to Friday and resulted in the volume of stocks traded declining 40 percent valued 38 percent less than on Friday and continues the two and a haft slide in the market.
The market closed with trading of 225,863 shares for $7,248,630 down from 373,467 stocks at $11,698,108 on Friday.
An average of 13,286 shares were traded at $426,390 from 21,969 units at $688,124 on Friday, with trading month to date averaging 9,322 shares at $187,914 compared with 8,954 units at $165,763 on the previous day and an average for June of 9,110 shares at $119,497.
The Composite Index dropped 13.07 points to end the day at 1,126.51, the All T&T Index fell 20.81 points to end trading at 1,692.12, the SME Index rose 1.43 points to settle at 87.78 and the Cross-Listed Index fell 0.67 points to finish at 72.97.
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 of the market, Agostini’s popped 50 cents to $70 after an exchange of 3,423 stocks, Angostura Holdings slipped 1 cent to end at $18.05, with 31 units changing hands, Ansa McAl ended at $63.50, with 100,034 shares crossing the exchange. Endeavour Holdings rallied 30 cents to finish at $17 with investors trading 300 stock units, First Citizens Group remained at $44 after a transfer of 535 shares, FirstCaribbean International Bank fell 15 cents to close at $6.90 with investors trading 715 stock units. Guardian Holdings declined 15 cents to $15.60, with 15 stocks crossing the market, JMMB Group ended at $1.20 with investors dealing in 100 units, Massy Holdings lost 2 cents to end at $3.80 with a transfer of 91,052 stocks. National Enterprises shed 10 cents and ended at $3.10 after investors exchanged 23,709 units, National Flour Mills ended at $2.12 with trading of 10 shares, Prestige Holdings closed at $12.78 with 354 stock units clearing the market. Republic Financial sank $1.60 and ended at $114 in an exchange of 703 shares, Scotiabank skidded 32 cents to close at $64, with 1,269 units crossing the market, Trinidad Cement slipped 3 cents to end at $2.97 after an ownership switch for 49 stocks. Unilever Caribbean dipped 21 cents in closing at $11 after an exchange of 3,559 stock units and West Indian Tobacco remained at $8.50 and closed with an exchange of 5 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading picks upon Trinidad Exchange

Stocks ended with mostly declines on the Trinidad and Tobago Stock Exchange on Thursday, resulting from trading in 17 securities compared with 16 on Wednesday and ending with prices of four rising, eight declining and five ending firm with the volume of stocks traded rising 226 percent valued 170 percent more than on Wednesday.
The market closed on Thursday after 261,278 shares were exchanged for $2,740,733 compared to 80,207 stock units at $1,014,983 on Wednesday.
An average of 15,369 shares were traded at $161,220 compared with 5,013 units at $63,436 on Wednesday, with trading month to date averaging 7,621 shares at $112,267 compared with 6,737 units at $106,677 on the previous day and an average for June of 9,110 shares at $119,497.
The Composite Index rose 1.87 points to close at 1,127.07, the All T&T Index increased 3.29 points to 1,698.53, the SME Index remained unchanged at 86.35 and the Cross-Listed Index rose 0.05 points to cease trading at 72.17.
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 of the market, Angostura Holdings ended at $18.06 and closed with an exchange of 13 units, Ansa McAl remained at $63.50 with 4,735 stocks clearing the market, First Citizens Group advanced $1.25 to $44 in trading 4,166 shares. FirstCaribbean International fell 4 cents to $6.86 after an exchange of 2,000 stock units, GraceKennedy popped 22 cents and ended at $3.91, with 2,657 shares crossing the market, JMMB Group remained at $1.20 with investors swapping 6 stocks. Massy Holdings skidded 15 cents to $3.80 with an exchange of 172,418 units, National Enterprises fell 4 cents in closing at $3.21, with 15,076 stock units changing hands, One Caribbean Media slipped 1 cent and ended at $3.67 with investors dealing in 10 shares. Point Lisas dipped 18 cents to close at $3.10, with 17,998 stock units crossing the exchange, Prestige Holdings slipped 2 cents to close at $12.78 with a transfer of 1,534 stock units, Republic Financial climbed $1.40 to $116.50 after an exchange of 5,260 stock units. Scotiabank declined $2.32 to $62 with investors trading 10,070 shares, Trinidad & Tobago NGL popped 1 cent higher to $7.01 in an exchange of 15,584 stocks, Trinidad Cement ended at $3 with traders dealing in 3,985 units. Unilever Caribbean shed 19 cents in closing at $11.21 after a transfer of 5,680 stock units and West Indian Tobacco remained at $8.50 with investors trading 86 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Winners & losers evenly split on TTSE

Stocks ended with an almost even split of gains and losses on the Trinidad and Tobago Stock Exchange on Wednesday after the volume of stocks traded rose 14 percent valued at 64 percent more than on Tuesday and resulting in 16 securities trading down from 19 on Tuesday and ending with prices of two stocks rising, three declining and 11 ended firm.
The market closed on Wednesday after 80,207 shares were exchanged for $1,014,983 compared to 70,659 stock units at $619,483 on Tuesday.
An average of 5,013 shares were traded at $63,436 compared with 3,719 units at $32,604 on Tuesday, with trading month to date averaging 6,737 shares at $106,677 compared with 6,944 units at $111,879 on the previous day and an average for June of 9,110 shares at $119,497.
The Composite Index rallied 6.12 points to 1,125.20, the All T&T Index rallied 1.98 points to lock up trading at 1,695.24, the SME Index remained unchanged at 86.35 and the Cross-Listed Index rose 1.48 points to culminate at 72.12.
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 remained at $69.50 with a transfer of 20 shares, Calypso Macro Investment Fund ended at $23.70 after an exchange of 700 stocks, First Citizens Group remained at $42.75 with investors transferring 581 shares. GraceKennedy ended at $3.69 with 471 stock units changing hands, JMMB Group rose 1 cent to close at $1.20 after a transfer of 1,200 shares, Massy Holdings remained at $3.95 with traders dealing in 26,303 stock units. National Enterprises ended at $3.25 and closed with an exchange of 2,459 units, National Flour Mills remained at $2.12 with 53 stocks changing hands, One Caribbean Media ended at $3.68 with 21,050 units clearing the market. Prestige Holdings ended at $12.80 with investors dealing in 15 shares, Republic Financial lost 15 cents to close at $115.10 after an exchange of 5,237 stock units, Scotiabank dropped 68 cents to end at $64.32 with investors swapping 57 stocks. Trinidad & Tobago NGL fell 1 cent to $7 in switching ownership of 13,238 shares, Trinidad Cement ended at $3 with investors trading 200 stocks, Unilever Caribbean rallied 19 cents and ended at $11.40, with 2,364 units crossing the market and West Indian Tobacco remained at $8.50 as investors exchanged 6,259 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trinidad Exchange closes higher on reduced trades

Winners edged out losers on the Trinidad and Tobago Stock Exchange on Monday, following a 69 percent fall in the volume and a 60 percent decline in value compared to Friday resulting in only 11 securities trading down from 20 on Friday and ending with prices of three stocks rising, one declining and seven ended firm.
Trading resulted in an exchange of 79,064 shares for $1,037,019 down from 257,576 stocks at $2,612,858 on Friday.
An average of 7,188 shares were traded at $94,274 compared with 12,879 units at $130,643 on Friday, and an average for June of 9,110 shares at $119,497.
The Composite Index rose 0.28 points to end at 1,128.07, the All T&T Index added 0.14 points to close trading at 1,702.71, the SME Index remained unchanged at 86.99 and the Cross-Listed Index inched 0.06 points higher to finish at 71.83.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s advanced 22 cents and ended at $69 with a transfer of 242 shares, Ansa McAl popped 50 cents to $62.50 with investors swapping 9,042 stocks, First Citizens Group remained at $42.50 in an exchange of 228 shares. FirstCaribbean International Bank ended at $6.90 with investors transferring 18,690 stock units, JMMB Group dropped 1 cent in closing at a 52 weeks’ low of $1.20 in an exchange of 5,245 shares, Massy Holdings remained at $4.02 and closed after an exchange of 38,846 units. National Enterprises ended at $3.34 in trading 3,901 stocks, One Caribbean Media remained at $3.68 after 1,338 stock units passed through the market, Prestige Holdings ended at $12.82 with an exchange of 368 shares. Republic Financial increased $1.44 and ended at $116.99 following trading of 1,102 units and Scotiabank ended at $65.25 after investors exchanged 62 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.