TTSE rise with more dip than rise

Trading levels on the Trinidad & Tobago Stock Exchange on Thursday fell sharply despite 11 securities changing hands compared to 10 on Wednesday as just 78,795 shares traded at a value of $1,350,632 compared to Wednesday with 195,938 valued at $9,062,326.
At the close, 2 stocks advanced, 4 declined and 5 were unchanged as the two main indices rose. The Composite Index gained 0.82 points to 1,211.36, the All T&T Index advanced 1.63 points to 1,790.66 and the Cross Listed Index closed unchanged at 84.71.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Agostini’s traded $1.49 higher to close at a 52 weeks’ high of $20, with an exchange of just 100 shares and NCB Financial Group gained 1 cent, closing at $4.01, with 50,000 units trading
Losses| Clico Investment lost 1 cent to close at $22.50 exchanging 1,800 shares, Guardian Holdings closed at $16.20, losing 5 cents with 10,000 shares changing hands, Trinidad & Tobago NGL closed at $21.25, with a loss of 8 cents trading 4,350 units and Unilever Caribbean traded 60 cents lower to close at $52, with an exchange of 5,000 units.
Firm Trades| Angostura Holdings exchanged 2,000 shares at $15.01, First Citizens remained at $31.65, with 435 shares traded and JMMB Group closed at $1.26, with 40 shares trading. Republic Financial Holdings held firm at $101.90, with 3,734 shares changing owners at a value of $380,495 and West Indian Tobacco closed at $126.35 exchanging 1,336 units.

Republic takes 68% of trading

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

The Trinidad & Tobago Stock Exchange resumed trading on Wednesday after being closed on Monday and Tuesday with trading values rising above Friday’s levels. Trading closed with Republic Financial Holdings as the dominant trade with just over 68 percent of the total value traded.
The market closed with of 10 securities changing hands compared to 13 on Friday with 2 stocks advancing, 5 declining and 3 holding firm as 195,938 shares traded at a value of $9,062,326 compared to Friday’s trades of 143,801 valued at $2,818,683.
The Composite Index declined 0.91 points to 1,210.54, the All T&T Index dropped 0.72 points to 1,789.03 and the Cross Listed Index lost 0.15 points to 84.71.
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| JMMB Group closed at $1.26, gaining 3 cents with 10,000 shares changing hands and Trinidad & Tobago NGL traded 22 cents higher to close at $21.33, with an exchange of 13,946 units valued at $295,915. Losses| Grace Kennedy closed $2.70, with a loss of 10 cents exchanging 5,198 shares, Massy Holdings traded 40 cents lower, closing at a 52 weeks’ low of $50.10, with 37,320 shares changing hands valued at $1,868,488 and Prestige Holdings closed at a 52 weeks’ low of $10.75, losing 6 cents in trading 45,247 units valued at $486,406. Scotia Investments lost 3 cents, in closing at $2.45 with trades of 20,910 shares and West Indian Tobacco closed at $126.35, with a loss of 3 cents exchanging 750 units.
Firm Trades| Clico Investment exchanged 1,424 shares at $22.51, First Citizens held firm at $31.65, with 342 shares trading and Republic Financial Holdings remained at $101.90, with 60,801 shares changing owners at a value of $6,195,622.

Storm closes TTSE

Trading on the Trinidad & Tobago Stock Exchange was suspended for the day of 20th June 2017 because of the impending arrival of tropical storm Brett. The market last traded on Friday as it was closed on Monday for the Labour Day holiday.
On Friday, 13 securities changed hands compared to 16 on Wednesday with 2 stocks advancing, 5 declining and 6 unchanged with 143,801 shares traded at a value of $2,818,683 compared to Wednesday’s trades of 373,818 valued at $18,441,277. The market was closed for a public holiday on Thursday.
The Composite Index declined 1.05 points to 1,211.45, the All T&T Index slipped 0.63 points to 1,789.75 and the Cross Listed Index lost 0.20 points to 84.86.

Market valuation down on TTSE on Friday

Republic Financial Holdings had the largest value of trading on Friday on the TTSE.

Trading on the Trinidad & Tobago Stock Exchange on Friday resumed after a public holiday on Thursday with trading levels and the indices falling, compared to Wednesday. Republic Financial Holdings led the market with about 75 percent of the total value traded.
A total of 13 securities changed hands compared to 16 on Wednesday with 2 stocks advancing, 5 declining and 6 unchanged as 143,801 shares traded at a value of $2,818,683 compared to Wednesday’s trades of 373,818 valued at $18,441,277.
The Composite Index declined 1.05 points to 1,211.45, the All T&T Index slipped 0.63 points to 1,789.75 and the Cross Listed Index lost 0.20 points to 84.86.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 6 stocks with bids higher than last selling prices and 8 with lower offers.
Gains| Guardian Holdings gained 4 cents to close at $16.25, with 10,000 shares changing hands and Trinidad & Tobago NGL closed at $21.11, with gains of 3 cents trading 2,461 units.
Losses| First Citizens closed $31.65, with a loss of 15 cents exchanging 2,632 shares, JMMB Group lost 4 cents to close at $1.23, with of 11,803 shares being traded, National Enterprises closed at $10.49, losing 1 cent trading 100 units. NCB Financial Group lost 1 cent, closing at $4 with 40,000 shares changing hands and Scotia Investments traded 2 cents lower to close at $2.48 exchanging 8,000 units. The price is the equivalent of J$47, well above the price of $38 Scotia Group plans on offering to take over the minority shares.
Firm Trades| Clico Investment exchanged 2,720 shares at $22.51, First Caribbean International Bank held firm at $7.70, with 7,250 shares traded, Grace Kennedy closed at $2.80, with 37,714 shares changing ownership. National Flour Mills remained at $2.20, with 400 shares traded, Point Lisas traded 100 units at $4 and Republic Financial Holdings closed at $101.90, with 20,621 shares changing hands valued at $2,101,280.

Republic the dominant one on TTSE

Republic Financial Holdings had the largest value of trading on Wednesday on the TTSE.


Market activity on the Trinidad & Tobago Stock Exchange on Wednesday closed with Republic Financial Holdings dominating trading, with just over 56 percent of the total value traded followed by Scotiabank and Ansa McAL with 21 percent and 15 percent respectively.
A total of 16 securities changed hands compared to 13 on Tuesday with 3 stocks advancing, 2 declining, 11 holding firm and one stock closed at a 52 weeks’ low. A total of 373,818 shares were exchanged at a value of $18,441,277 compared to Tuesday’s trades of 366,775 units valued at $3,474,839.
The Composite Index lost 0.49 points to 1,212.50, the All T&T Index declined 1.47 points to 1,790.38 but the Cross Listed Index gained 0.07 points to 85.06.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 8 with lower offers.
Gains| Guardian Holdings gained 1 cent, closing at $16.21 trading 35,883 shares valued at $581,663, NCB Financial Group added 1 cent to close at $4.01 with an exchange of 10,000 units and Trinidad & Tobago NGL closed at $21.08, with gains of 3 cents exchanging 5,000 units.
Losses| First Citizens closed $31.80, with a loss of 5 cents trading 50 shares and One Caribbean Media traded 99 cents lower to close at a 52 weeks’ low of $15.01 exchanging 3,595 shares.
Firm Trades| Ansa McAl exchanged 41,476 shares at $66 valued at $2,737,406, Ansa Merchant Bank traded 784 shares at $40, Clico Investment closed at $22.51, with 1,800 shares changing hands. First Caribbean International held firm at $7.70, with 4,000 shares traded, Grace Kennedy exchanged 20,388 shares at $2.80 while JMMB Group remained at $1.27, after trading 20,070 shares. Massy Holdings traded 5,010 units to hold at $50.50, National Flour Mills closed at $2.20, in exchanging 3,049 shares, Republic Financial Holdings closed at $101.90, with 101,997 shares changing hands valued at $10,393,494. Scotiabank exchanged 66,513 units at $58 valued at $3,857,754 and Trinidad Cement closed at $4.15, with 54,203 shares traded.

Only gains on TTSE on Tuesday

In moderate trading on the Trinidad & Tobago Stock Exchange on Tuesday 13 securities changed hands compared to 12 on Monday with 2 stocks advancing, 11 holding firm and none declining. Tuesday’s gains disguise softness in the wider market as shown in the IC bid-offer Indicator, below.
At the close, trading volumes were ahead of Monday’s levels as 366,775 shares were exchanged at a value of $3,474,839 compared to Monday’s trades of 237,462 valued at $3,247,098.
The Composite Index added 0.07 points to 1,212.99, the All T&T Index gained 0.14 points to 1,791.85 and the Cross Listed Index remained at 84.99.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 9 with lower offers.
Gains| Angostura Holdings gained 1 cent to close at $15.01 with an exchange of 20,000 shares valued at $300,200 and Trinidad & Tobago NGL closed at $21.05, with gains of 4 cents while trading 730 units.
Firm Trades| Clico Investment exchanged 45,177 shares at $22.51 valued at $1,016,943, First Caribbean International traded 23,098 shares at $7.70 and Grace Kennedy closed at $2.80, with 7,500 shares changing hands. Guardian Holdings held firm at $16.20, with 50,000 shares traded at a value of $810,000, JMMB Group exchanged 24,074 shares at $1.27, NCB Financial Group closed at $4, with trades of 27,865 shares, the market closed with the bid at $4 to buy 359,230 units but there were no stocks on issue for sale. Republic Financial Holdings traded 1,570 units at $101.90, Scotiabank remained at $58 trading, with an exchange of 1,000 shares. Scotia Investments closed at $2.50, with 47,000 shares changing hands, West Indian Tobacco exchanged 1,336 units at $126.38 and Trinidad Cement closed at $4.15, with 117,425 shares traded at a value of $487,314.

Moderate trading continues on TTSE

Trading on the Trinidad & Tobago Stock Exchange remained subdued with moderate volume and few price changes on Monday. At the market’s close 12 securities changed hands compared to 13 on Friday, 1 stock advanced, 2 declined and 9 held firm.
At the close, 237,462 shares were exchanged at a value of $3,247,098 compared to Friday’s trades of 312,159 valued at $13,109,347.
The Composite Index gained 0.04 points to 1,212.92, the All T&T Index fell 0.53 points to 1,791.71 and the Cross Listed Index rose 0.09 points to 84.99.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 7 with lower offers.
Gains| Sagicor Financial advanced 14 cents, closing at $8.89 with trades of 160,498 shares valued at $1,420,807.
Losses| Massy Holdings closed at a 52 weeks’ low of $50.50, with a loss of 25 cents trading 6,990 shares valued at $352,995 and West Indian Tobacco traded 2 cents lower to close at $126.38 exchanging 23 shares.
Firm Trades| Berger Paints closed at $4.05 trading 200 shares, Clico Investment traded 5,080 shares at $22.51, First Caribbean International Bank closed at $7.70, with an exchange of 24,500 shares. Guardian Holdings remained at $16.20, with 29,396 shares traded at a value of $476,215, National Enterprises exchanged 150 shares at $10.50, National Flour Mills closed trading at $2.20, with 1,500 shares. Republic Financial Holdings closed at $101.90, with an exchange of 3,875 units valued at $394,862, Scotiabank remained at $58 trading 5,000 shares and Scotia Investments closed at $2.50, with 250 shares changing hands.

4 companies dominate TTSE on Friday

Republic Financial Holdings had the largest value of trading on Friday on the TTSE.

The Trinidad & Tobago Stock Exchange closed on Friday with Republic Financial Holdings as the lead trade with 46 percent of the total value traded followed by Ansa McAL with 21 percent , Trinidad & Tobago NGL with 12 percent (TTNGL) and Massy Holdings with 11 percent.
The market closed with 13 securities trading, the same as on Thursday, the number of shares traded totaled 312,159 units valued at $13,109,347 compared to Thursday’s trades of 179,168 shares valued at $3,736,695, with 1 stock advancing, 3 declining and 9 holding firm.
The Composite Index declined 0.59 points to 1,212.88, the All T&T Index fell 0.17 points to 1,792.24 and the Cross Listed Index lost 0.14 points to close at 84.90.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 5 with lower offers.
Gas company, TTNGL, are currently offer to the public an additional 40,248,000 Class B shares at TT$21 per unit, which opened on June 5 and is expected to close on June 28.
Gains| Guardian Holdings gained 5 cents to close at $16.20 trading 13,632 shares.
Losses| Grace Kennedy closed at $2.80, with a loss of 5 cents exchanging 35,092 shares, National Enterprises lost 1 cent to close at $10.50, with 13,663 shares changing hands and Trinidad Cement traded 4 cents lower, closing at $4.15 exchanging 28,500 shares.
Firm Trades| Ansa McAL held firm at $66 trading 40,748 shares valued at $2,689,368, First Citizens traded 314 shares at $31.85, Massy Holdings closed at $50.75, with an exchange of 28,781 shares valued at $1,460,636. National Flour Mills closed at $2.20, with 1,840 shares changing hands, One Caribbean Media traded a mere 40 shares at $16, Republic Financial Holdings closed at $101.90, with trades of 59,396 shares valued at $6,052,229. Sagicor Financial exchanged 5,279 units at $8.75, Scotiabank remained at $58 trading 12,830 shares valued at $744,140 and Trinidad & Tobago NGL closed at $21.01, with an exchange of 72,404 shares valued at $1,521,208.
Shares in TTNGL, are currently offer to the public with additional 40,248,000 Class B shares being sold by the parent company at TT$21 per unit. The offer opened on June 5 and is expected to close on June 28.
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Advancing stocks edge out decliners

13 securities traded on the Trinidad & Tobago Stock Exchange on Thursday compared to 14 on Wednesday with the market indices losing altitude with 3 stocks advancing, 2 declining and 8 holding firm.
At the close, only 179,168 shares were exchanged at a value of $3,736,695 with Ansa McAL and Massy Holdings accounting 63 percent of the value of stocks traded. On Wednesday trading resulted in 402,382 shares with a value of $1,582,095.
The Composite Index declined 0.38 points to 1,213.47, the All T&T Index lost 0.34 points to 1,792.41 and the Cross Listed Index eased 0.06 points to close at 85.04.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 4 with lower offers.
Gains| Clico Investment closed at $22.51, with a 1 cent gain exchanging 6,080 shares, National Enterprises gained 1 cent to close at $10.51, with trades of 1,200 shares and NCB Financial Group traded 4 cents higher, closing at $4 with 24,850 shares changing hands.
Losses| Massy Holdings closed at $50.75, with a loss of 30 cents trading 33,807 shares valued at $1,715,844 and Sagicor Financial traded 14 cents lower to close at $8.75 exchanging 141 shares.
Firm Trades| Ansa McAL held firm at $66 exchanging 12,387 shares valued at $817,526, First Citizens traded 1,906 shares at $31.85 and Grace Kennedy exchanged 19,108 shares at $2.85, Guardian Holdings closed at $16.15, with 13,921 shares changing hands. JMMB Group remained at $1.27, with trades of 35,581 shares, Scotiabank held firm at $58, with an exchange of 6,094 shares valued at $353,452, Scotia Investments traded 15,750 shares at $2.50 and Trinidad & Tobago NGL closed at $21.01 trading 8,343 shares.

Falling stocks pressure TTSE market index

Market activity on the Trinidad & Tobago Stock Exchange closed on Wednesday with the market indices declining and with 14 securities changing hands, the same as on Tuesday but with higher volumes traded.
A total of 402,382 shares were exchanged at a value of $1,582,095 compared to Tuesday’s trades of 250,286 valued at $2,050,058 with 1 stock advancing, 5 declining and 8 holding firm.
The Composite Index lost 2.53 points to 1,213.85, the All T&T Index fell 0.42 points to 1,792.75 and the Cross Listed Index declined 0.64 points to close at 85.10.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 3 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| Trinidad & Tobago NGL gained 1 cent to close at $21.01, trading 12,408 shares.
Losses| First Caribbean International closed at $7.70, losing 5 cents with 23,000 shares changing hands, Massy Holdings lost 4 cents to close at $51.05 with trades of 1,541 shares, National Flour Mills traded 10 cents lower, closing at a 52 weeks’ low of $2.20 exchanging 90,765 shares, NCB Financial Group closed at $3.96, with a loss of 9 cents trading 89,000 shares valued at $354,700 and Trinidad Cement lost 1 cent to close at $4.19, with 14,367 shares changing hands.
Firm Trades| Ansa McAL held firm at $66, with an exchange of a mere 3 shares, Ansa Merchant Bank traded 466 shares at $40, Clico Investment exchanged 3,835 shares at $22.50. Grace Kennedy closed at $2.85, with 50,000 shares changing hands, JMMB Group remained at $1.27, with 96,730 shares, Prestige Holdings closed at $10.81 exchanging 24 shares. Scotiabank exchanged 533 shares at $58 and Scotia Investments traded 19,710 shares at $2.50.