Falling stocks pull down T&T market

Trading on the Trinidad & Tobago Stock Exchange on Friday resulted in 10 securities changing hands compared to 14 on Thursday with 2 advancing, 5 falling and 3 remaining unchanged as 331,248 shares were exchanged at a value of $3,574,568 compared to Thursday’s trades of 657,514 valued at $3,235,396.
The Composite Index declined 0.51 points to 1,206.93, the All T&T Index fell 0.14 points to 1,789.76 and the Cross Listed Index was down 0.12 point to 83.62.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 7 stocks with bids higher than last selling prices and 3 with lower offers.
Gains| Scotia Investments gained 3 cents to close at $2.10, with 284,235 shares trading at a value of $595,318 and Trinidad & Tobago NGL closed at $21.83, with gains of 2 cents while exchanging 5,517 shares.
Losses| Clico Investment lost 1 cent to close at a 52 weeks’ low of $22.39 trading 2,548 shares, JMMB Group closed at $1.20, losing 4 cents in exchanging 709 shares, Massy Holdings lost 1 cent to close at $49.97 with 7,553 shares changing hands at a value of $377,461. National Flour Mills lost 5 cents in an exchange of 4,150 shares to close at a 52 weeks’ low of $2.15 and West Indian Tobacco closed at a 52 weeks’ low of $125.83 and losing 1 cent with 15,498 shares changing hands, valued at $1,950,113.
Firm Trades| Bourse Brazil Latin Fund remained at $8.08, with 5,000 shares trading, First Citizens traded 6,000 shares at $31.65 and Republic Financial Holdings exchanged 38 shares at $101.90.

Falling stock prices dominate TTSE

Trading on the Trinidad & Tobago Stock Exchange on Thursday resulted in 14 securities changing hands compared to 8 on Wednesday and closed with 1 stock advancing, 5 declining and 8 remaining unchanged.
The market closed with 657,514 shares traded at a value of $3,235,396 compared to 178,897 valued at $3,598,053 on Wednesday.
The Composite Index declined 0.43 points to 1,207.44, the All T&T Index dropped 0.14 points to 1,789.90 and the Cross Listed Index was down 0.10 point to 83.74.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| Trinidad & Tobago NGL closed at $21.81, with a 1 cent gain in exchanging 11,721 shares.
Losses| JMMB Group traded at $1.24, losing 1 cent exchanging 510,115 shares valued at $629,145, Massy Holdings was down 2 cents to $49.98 with 500 units changing hands, Prestige Holdings closed 6 cents lower to a 52 weeks’ low of $10.64 trading 4,000 shares. Sagicor Financial lost 2 cents in an exchange of 4,056 shares to close at $8 and Unilever Caribbean closed at a 52 weeks’ low of $51.15, losing 10 cents with trades of 26,115 shares valued at $1,335,559.
Firm Trades| Angostura Holdings exchanged 935 units at $15.01, Ansa McAL remained at $66 trading 3,000 shares, Clico Investment closed at $22.40, with trades of 2,194 shares, First Caribbean International held firm at $7.62 exchanging 5,400 shares. First Citizens traded 10,766 shares at $31.65 valued at $340,744, Grace Kennedy closed at $2.76, with an exchange of 60,000 shares, National Enterprises closed at $10.49 trading 4,698 shares and NCB Financial Group exchanged 14,014 shares at $4.07.

TTSE market index rises

Trading on the Trinidad & Tobago Stock Exchange on Wednesday, resulted in just 8 securities changing hands compared to 13 on Tuesday and closed with 2 stocks advancing, 2 declining and 4 holding firm.

Only 178,897 shares traded at a value of $3,598,053, sharply down from 664,912 units valued at $10,209,762, on Tuesday.
The Composite Index advanced 0.53 points to 1,207.89, the All T&T Index rose 0.40 points to 1,790.07 and the Cross Listed Index gained 0.09 points to 83.84.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 7 with lower offers.
Gains| First Caribbean International closed trading at $7.62, gaining 2 cents in exchanging 108,213 shares valued at $824,583 and Trinidad & Tobago NGL rose 20 cents to close at $21.80, in trading 2,600 shares.
Losses| Clico Investment closed at a 52 weeks’ low of $22.40, losing 9 cents in an exchange of 28,631 shares valued at $641,334 and West Indian Tobacco lost 4 cents to close at a 52 weeks’ low of $125.84 trading just 26 units.
Firm Trades| 4,030 shares of JMMB Group traded at $1.25 followed by Republic Financial Holdings with 431 units at $101.90, Sagicor Financial closed at $8.02, trading 110 shares and Scotiabank at $58.02 while exchanging 34,856 shares valued at $2,022,345.

Trading in Trinidad picks up – Tuesday

ScotiaBank was one of the larger trades on TTSE on Tuesday.

Trading picked up on the Trinidad & Tobago Stock Exchange on Tuesday with 664,912 shares were exchanged at a value of $10,209,762 compared to Monday with 180,831 valued at $8,268,271, market activity emanated from 13 securities changing hands in contrast to 7 on Monday.
Agostini’s accounted for 50 percent of the value of stocks traded followed by Scotiabank with 34 percent as the market indices all rose by the close of trading and leading to 4 securities rising in price, 2 falling and 7 remaining unchanged.
At the end of market activity, the Composite Index gained 0.08 points to 1,207.36, the All T&T Index rose 0.09 points to 1,789.67 and the Cross Listed Index was up 0.01 point to 83.75.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Agostini’s closed at a 52 weeks’ high of $20.01, gaining 1 cent after trading 255,988 shares valued at $5,122,320, Grace Kennedy gained 1 cent, closing at $2.76 with an exchange of 218,347 shares valued at $602,468, Guardian Holdings advanced to $16.16, with a 2 cents gain in exchanging 310 units and Massy Holdings closed at $50, rising by 1 cent, trading of 11,381 shares at valued at $569,050.
Losses| Clico Investment closed at a 52 weeks’ low of $22.49, losing 1 cent but traded at a low of $2.44 before closing trading with 2,700 shares and Sagicor Financial lost 2 cents to close at $8.02, with 8,172 shares changing hands.
Firm Trades| Angostura Holdings traded 55 units at $15.01, Ansa Merchant Bank closed at $40, with an exchange of 1,964 shares, First Citizens closed at $31.65, with 826 units changing hands. JMMB Group exchanged 25,000 shares at $1.25, Republic Financial Holdings remained at $101.90 trading only 8 units, Scotiabank closed at $58.02, with trades of 60,001 shares valued at $3,481,258 and Scotia Investments held firm at $2.07 exchanging 80,160 shares.

64% of value traded to Republic Financial

Republic Financial Holdings took the largest value of trading on Monday on the TTSE.

Trading on the Trinidad & Tobago Stock Exchange declined sharply on Monday with just 7 securities changing hands compared to 16 on Friday, leading to drop in the volume traded but with a higher overall value compared to Friday’s.
The dominant trades were Republic Financial Holdings with 64 percent of the market and Trinidad & Tobago NGL with 25 percent.
The market closed with 180,831 shares changing hands at a value of $8,268,271 compared to Friday’s trading of 665,055 units valued at $2,406,154. At the end of trading only 2 stocks advanced, 2 declined and 3 remaining unchanged.
The Composite Index declined 0.06 points to 1,207.26, the All T&T Index fell 0.51 points to 1,789.55 and the Cross Listed Index gained 0.06 to 83.74.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 3 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Grace Kennedy gained 2 cents exchanging 3,000 shares to close at $2.75 and Guardian Holdings closed at $16.14, with gains of 2 cents, trading 20,000 shares valued at $322,800.
Losses| Scotiabank lost 1 cent to close at $58.02, with 3,151 shares changing hands and Trinidad & Tobago NGL closed at $21.60, with a loss of 30 cents trading 94,170 shares valued at $2,034,138.
Firm Trades| First Citizens exchanged 74 units at $31.65, Massy Holdings closed at $49.99, with trades of 8,486 shares valued at $424,215 and Republic Financial Holdings traded 51,950 shares at $101.90, valued at $5,293,705 accounting for 64 percent of the value traded.

TTSE close out week with losses

The prices of more stocks fell on Friday in trading on the Trinidad & Tobago Stock Exchange than those gaining resulted from 16 securities changing hands compared to 12 on Thursday, with 2 stocks advancing, 4 declining and 10 holding firm.
The market closed with 665,055 shares changing hands at a value of $2,406,154 compared to Thursday’s trades of 213,496 valued at $3,295,884.
The Composite Index declined 0.14 points to 1,207.32, the All T&T Index fell 0.07 points to 1,790.06 and the Cross Listed Index lost 0.03 points to 83.68.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 4 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Sagicor Financial gained 3 cents trading 15,082 shares to close at $8.04 and Scotiabank closed at $58.03, with gains of 2 cents exchanging 12,623 shares valued at $732,348.
Losses| Grace Kennedy lost 2 cents, closing at $2.73 with 400 units trading, One Caribbean Media closed at a 52 weeks’ low of $14.95, losing 5 cents exchanging 1,000 shares, Point Lisas lost 1 cent to close at $3.87, with 12,585 shares changing owners and West Indian Tobacco closed at a 52 weeks’ low of $125.88 trading 779 units.
Firm Trades| Agostini’s traded 1,417 shares at $20, Angostura Holdings exchanged 6,579 shares at $15.01, Berger Paints closed at $4.05, with 44,700 shares changing hands, First Citizens remained at $31.65, with 1,500 units trading. First Caribbean International held firm at $7.60, with an exchange of 2,462 units, JMMB Group traded 508,115 shares at $1.25, valued at $635,144, Prestige Holdings closed at $10.70 exchanging 3,374 shares after it traded at an intraday 52 weeks’ low of $10.69. Republic Financial Holdings closed at trading at $101.90, with 2,000 shares changing hands, Scotia Investments ended trading at 2.07 with 37,086 shares switching owners and Trinidad Cement remained at $4.14 trading 15,353 shares.

6 stocks record gains 1 falters on TTSE

Trading on the Trinidad & Tobago Stock Exchange on Thursday resulted in 12 securities changing hands compared to 10 on Wednesday and closed with advancing stocks outnumbering declining ones, 6 to 1.
The market closed with 213,496 shares having changed hands at a value of $3,295,884 compared to Tuesday’s trades of 342,323 valued at $4,812,950 resulting in 6 stocks advancing, 1 declining and 5 holding firm and leading to a rise in all the market indices.
The Composite Index advanced 0.74 points to 1,207.46, the All T&T Index gained 0.09 points to 1,790.13 and the Cross Listed Index rose 0.19 to 83.71.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 3 stocks with bids higher than last selling prices and 7 with lower offers.
Gains| Clico Investment gained 1 cent to close at $22.50 exchanging 24,444 shares valued at $549,990, First Citizens closed at $31.65, gaining 1 cent with 37,034 shares valued at $1,180,048 changing hands, Grace Kennedy closed at $2.75, with gains of 4 cents and 10,910 shares traded. Guardian Holdings added 3 cents, rising to $16.12 with 10,460 shares changing hands, NCB Financial Group closed at a 52 weeks’ high of $4.07, with a 1 cent gain and 65,988 shares traded and Sagicor Financial gained 1 cent, ending at $8.01 with an exchange of 1,334 shares.
Losses| Scotiabank lost 2 cents to close at $58.01 trading 716 units.
Firm Trades| Ansa McAL traded 3,074 shares at $66, JMMB Group closed at $1.25, with 23,800 units changing hands,Republic Financial Holdings closed at $101.90, with trades of 6,527 shares valued at $665,089. Trinidad Cement remained at $4.14 trading 27,293 shares and Trinidad & Tobago NGL closed at $21.90 with 1,646 units changing hands.

Trinidad stocks record gains – Wednesday

Massy stock price recovers on Wednesday from Tuesday’s drop.

Only 10 securities traded on the Trinidad & Tobago Stock Exchange on Wednesday, compared to 15 on Tuesday, with 2 advancing, 1 declining and 7 remaining unchanged, leading to a rise in market indices.
The market closed, as 342,323 shares changed hands, at a value of $4,812,950, compared to Tuesday’s trades of 218,112 valued at $3,234,221. At the close, the Composite Index inched up 0.43 points to 1,206.72, the All T&T Index gained just 0.85 points to 1,790.04 and the Cross Listed Index closed at 83.52.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 8 with lower offers.
Gains| Massy Holdings recovered 49 of the 48 cents it lost on Tuesday to close at $49.99, in exchanging just 20 shares and NCB Financial Group closed at $4.06, rising 1 cent with 24,500 shares trading.
Losses| West Indian Tobacco lost 4 cents to close at a 52 weeks’ low of $125.90, with an exchange of 13,136 units valued at $1,653,788.
Firm Trades| First Caribbean International traded 203,000 shares at $7.60, valued at $1,542,800, First Citizens exchanged 24,979 shares at $31.64, valued at $790,127, JMMB Group closed at $1.25, with 410 units changing hands. National Enterprises held firm at $10.49, with 2,000 shares, Republic Financial Holdings closed at $101.90 while exchanging 3,152 shares valued at $321,189, Trinidad Cement remained at $4.14 trading 66,136 shares and Trinidad & Tobago NGL closed at $21.90 with 4,990 units switching owners.

Weak sentiments for Trinidad stocks

Investors’ sentiment in the Trinidad & Tobago Stock Exchange remains weak, with just 2 stocks advancing, 6 falling and 7 remaining unchanged, at the close of trading on Tuesday. The Investor’s Choice bid-offer Indicator confirms the weakness, with just 1 stock with a bid that is higher than the last selling price and 8 with lower offers, at the end of trading.
Market activity resulted in 15 securities changing hands compared to 12 on Monday, leading the Composite Index  to decline by 0.50 points to 1,206.29, the All T&T Index falling by  1.12 points to 1,789.19 and the Cross Listed Index rising 0.02 points to 83.52, as the shares of Jamaican, Scotia Investments gained 2 cents and ended at $2.07, trading 10,000 shares, to be one of two stocks rising. Trinidadian, Angostura Holdings was the other stock to rise, with an increase of 1 cent and 5,000 shares trading at $15.01.
A total of 218,112 shares changed hands at a value of $3,234,221 compared to Monday, with 103,284 units valued at $1,450,577.
Losses|Clico Investment lost 1 cent to close at 22.49, with an exchange of 50,697 units valued at $1,140,668, First Citizens closed at $31.64, losing 1 cent with 20,000 shares trading, valued at $682,800, Massy Holdings traded 48 cents lower to close at a 52 weeks’ low of $49.50 in exchanging 4,007 units. Enterprises was down 1 cent, closing at $10.49, with 8,000 shares changing hands, Sagicor Financial closed at $8, with a loss of 1 cent trading 85,520 shares valued at $684,246 and Trinidad Cement lost 1 cent to close at $4.14, with an exchange of 11,358 shares.
Firm Trades|Ansa McAL exchanged 500 units at $66, Grace Kennedytraded 6,000 units at $2.71. Guardian Holdings held firm at $16.09, with 9,960 shares changing hands, Republic Financial Holdings closed at $101.90, with 316 shares changing hands, Scotiabank traded 1,034 units at $58.03. Trinidad & Tobago NGL remained at $21.90 exchanging 1,720 units while Praetorian Property closed at $3.02, with 4,000 shares changing owners.

Trinidad stocks up on weak sentiment

The Trinidad & Tobago Stock Exchange closed on Monday Market with a negative bias even as the all three market indices rose from a positive advance, decline ratio.

Market activity resulted in 12 securities changing hands, compared to 10 on Friday.
At the close a total of 4 stocks advanced, 2 declined and 6 remaining unchanged as price changes were moderate, ranging from 1 cent to a high of 5 cents.

IC bid-offer Indicator| The Investor’s Choice bid-offer ended with just 2 stocks with bids higher than last selling prices and 6 with lower offers.
The Composite Index advanced 0.33 points to 1,206.79, the All T&T Index gained 0.29 points to 1,790.31 and the Cross Listed Index was up 0.05 points to 83.50.
At the end of trading, 103,284 shares changed hands at a value of $1,450,577 compared to Friday’s trades of 343,205 valued at $8,980,169.
Gains| First Citizens gained 5 cents to close at $31.65, with an exchange of 11,597 shares valued at $367,043, Grace Kennedy closed at $2.71, rising by 1 cent while trading 30,000 shares, Sagicor Financial closed with a gain of 1 cent to $8.01 exchanging 13,987 units and Scotiabank traded 3 cents higher to close at $58.03, with 802 units switching owners.
Losses| Guardian Media lost 5 cents to close at a 52 weeks’ low of $18.35, trading 19 units and JMMB Group was down 1 cent, closing at $1.25 with 813 shares changing hands.
Firm Trades| Ansa McAL closed at $66, with 10,309 units valued at $680,397 trading, NCB Financial Group exchanged 30,928 shares at $4.05, Point Lisas traded 4,200 units at $3.88. Prestige Holdings remained at $10.70, with 285 units changing hands, Republic Financial Holdings closed at $101.90, with 119 shares being exchanged and Trinidad & Tobago NGL held firm at $21.90 trading 225 units.