TTSE: T&T Cement continues in focus

Thursday, 11th July 2013 | Trinidad Cement, an IC Insider buy rated stock, remains the main focus on the exchange as it traded 230,565 shares on Thursday valued at $242,088 with no price change at $1.05. The stock is responding to return to profitability as reported by the March quarterly results and the low value which it is now priced at.

West Indian Tobacco Company had 2,684 shares trading with a value of $315,397 at the same price as Wednesday’s close of $117.51, while Financial Corporation added 1,670 shares valued at $10,354. There was no change in the price of Scotiabank which traded 5,192 shares at $69.96 with a value of $363,232. Agostini’s Limited had a volume of 19,128 shares traded at value of $318,863. Unilever Caribbean stock price increased 15 cents to end the day at $54.15 a 52 weeks high, while trading a mere 50 shares. Guardian Holdings traded 1,884 units and the price declined by 23 cents to end the day at $15.99.

Market activity resulted in 10 securities trading of which 2 advanced, 1 declined and 7 traded firm. The volume traded was 264,357 shares on the main market, valued at $1,463,540 and Clico Investment Fund, traded 112,800 shares valued at $2,538,000, more than twice Wednesday levels in the Mutual Fund Market and closed with the price at $22.50, the same as yesterday. The total amount traded in the market was priced $4.18 million, less than Wednesday’s $5 million.

IC bid-offer Indicator | At the end of trading, the Investor’s Choice bid-offer market sentiment indicator shows that bids for 5 stocks were higher with 6 stocks having offers lower than their last selling price.

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TTSE: T&T Cement & Neal & Massy in focus

Wednesday, 10th July 2013 | Neal & Massy Holdings was the dominant stock in today’s trading on the Trinidad & Tobago Stock exchange as it traded 43,183 shares for $2,547,797 at the previous closing price of $59.

In the overall market activity, 12 securities traded of which 4 advanced, 1 declined and 7 traded firm. A volume of 326,831 shares crossed the floor of the main market of the Exchange valued at $3,848,323 and Clico Investment Fund traded 54,370 shares valued at $1,223,325 in the Mutual Fund Market and closed with the price at $22.50, the same as yesterday. The total amount traded in the market was priced at $5 million.

Trinidad Cement contributed 270,930 shares to the volume at a value of $284,477at $1.05 each, up 5 cents for the day, but closed with the stock being offered at $1.04 for just 500 units. West Indian Tobacco Company had 7,600 shares trading with a value of $893,096, while Sagicor Financial Corporation added 1,670 shares valued at $10,354.

Scotiabank stock gained 21 cents to end the day at $69.96 with only 78 units trading.

IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer market sentiment indicator shows that bids for 3 stocks were higher with 5 stocks having offers lower than their last selling price.

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TTSE: AnsaMcAl trades heavy

Tuesday, 9th July 2013 | Trading activity on the Trinidad & Tobago Stock exchange  took place in 11 securities of which 3 advanced, 3 declined and 5 traded firm. A volume of 878,144 shares changed hands at a value of $24 1 million of which $16,745,549 was by main market stocks and $7,373,701 for mutual funds.

ANSA McAL traded 210,375 shares at a value of $13,989,938 closing 69 cents down at $66.50. Jamaica Money Market Brokers had a volume of 165,987 shares with a value of $74,694, Trinidad Cement contributed 97,696 units with a value of $97,696, while Sagicor Financial Corporation added 27,116 shares valued at $168,119. West Indian Tobacco traded 1,500 shares and closed at $117.50 up 25 cents

Clico Investment Fund traded 327,720 shares at $22.50.

IC bid-offer Indicator | At the end of trading, the Investor’s Choice bid-offer market sentiment indicator shows that bids for 2 stocks were higher with 3 stocks having offers lower than their last selling price.

TTSEJul9

TTSE: Still marking time

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Monday, 8th July 2013 | Price changes on the Trinidad & Tobago Stock Exchange were moderate ranging from an increase of 8 cents to a decline of 5 cents as trading took place in 14 securities of which 2 advanced, 4 declined and 8 traded firm. The total amount traded was $4.3 million as 935,265 units traded. The mutual funds contributed 118,600 units valued at $2.668 million to the total amounts that traded. The all Trinidad & Tobago index gained slightly to close at 1,828.28 but the cross listed and the composite fell moderately.

Trinidad Cement traded 667,304 shares valued at $667,304, followed by Jamaica Money Market Brokers with a volume of 91,242 shares being traded for $41,099 as the stock fell by 5 cents. National Commercial Bank contributed 18,654 shares with a value of $22,365, while Guardian Holdings added 12,300 shares valued at $199,475 while putting on 8 cents to close at $16.22.

IC bid-offer Indicator | At the end of trading, the Investor’s Choice bid-offer market sentiment indicator shows that bids for 2 stocks were higher with 3 stocks having offers lower than their last selling price.

West Indian Tobacco closed with a bid for 1,000 units at $117.50 the last traded price was $117.25 the offer is for 100 units at $118.

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Stocks to watch and buy

Monday, 8th July 2013 | Better investing starts with a watch list. IC Insider, your independent source of market intelligence about the Jamaica and Trinidad & Tobago stock exchanges, publishes a weekly watch list based on emerging market data and trending trading activity.

In addition to a watch list, for the first time we’re introducing the stocks that have received our analysts’ Buy Rated seal of approval. Unlike a stock broker’s ‘buy’ recommendation, IC Insider has no vested interest in any stock transaction or conflict of interest. Our research is backed by published reports of the company’s performance and insights of future earnings that can be found at ICInsider.com. The final decision to buy, or not, is your personal choice.

To search for published company results on IC Insider, please use ‘Search IC Insider’ and enter the company name, in full or in part.

StockWatch+BuyRated_jul13

TTSE: Demand up for TT Cement shares

Friday, 5th July 2013 | The level of trading on the Trinidad exchange amounted to 250,000 units valued at $12 million as 12 stocks changed hands with 7 increasing in price versus 2 declining.

Shares trading in reasonable quantity are Republic Bank with 91,064 shares for a value of $10,018,860, Trinidad Cement with a volume of 50,000 shares amounting $50,000, Scotia Investments with 19,378 shares with a value of $35,849, National Flour Mills 18,588 shares valued at $14,870 and West Indian Tobacco Company traded 5,000 shares with the price up by 22 cents to end the day at $117.25. Conversely, Clico Investment Fund was the only active security on the Mutual Fund Market, posting a volume of 36,820 shares valued at $828,450 and the stock price declined by $0.01 to end at $22.50.

Trinidad Cement traded 50,000 shares at a $1, up 5 cents and has a solid bid for 623,000 at $1 at the close.

One Caribbean Media traded at a 52 weeks high of $17.43 with 6,800 units trading with the price gaining 3 cents. Prestige Holdings lost 2 cents while trading 10,852 units at $9.35 each.

IC bid-offer Indicator | At the end of trading, the Investor’s Choice bid-offer market sentiment indicator shows that bids for 3 stocks were higher with 2 stocks having offers lower than their last selling price.

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TTSE: Unilever up $1.47

Thursday, 4th July 2013 | Unilever Caribbean stock gained $1.47 to end the day at $54.01, a 52 weeks high, as 1,000 shares valued at $54,000 traded. This stock was included in this week’s Stock to Watch list.

At the end of trading, 10 stocks traded with 3 advancing, 4 declined and 3 traded firm as a total of 198,330 shares crossed the floor of the exchange valued at $3,023,973 in the main market and 90,134 shares valued at $2,029,102 traded in the Mutual Fund Market.

Sagicor Financial Corporation saw 101,730 shares changing hands for a value of $635,808, Jamaica’s National Commercial Bank with 47,946 shares trading amounted to $57,535. ANSA McAL chipped in with 20,948 shares with a value of $1,407,308 and Guardian Holdings contributed 18,392 shares valued at $296,841. Clico Investment Fund, another stock in the watch list, suffered a 49 cents drop to close at $22.51.

IC bid-offer Indicator | At the end of trading, the Investor’s Choice bid-offer market sentiment indicator shows that bids for 3 stocks were higher with 3 stocks having offers lower than their last selling price.

TTSEJul4

TTSE: Arbitrage opportunity – Scotia Investments

Wednesday, 3rd July 2013 | Scotia Investments traded 131,806 shares for $238,216 on the Trinidad Stock Exchange today, as the stock traded up 3 cents to close at $1.81 or Jamaican value of $28.60 compared to the stock price of $26.25 on the Jamaica Stock Exchange creating an arbitrage situation.

Elsewhere, trading picked up as 17 stocks traded, the most for some time. The end result is that 5 stocks advanced, 2 declined and 10 traded firm.

On the Mutual Fund Market, 1,097 shares changed hands for a value of $5,837. Praetorian Property Mutual Fund was the most active security, with a volume of 990 shares valued at $3,376.

Trading in the main market accounted for 587,979 units valued at $1,725,269 as Trinidad Cement had a volume of 258,135 shares changing hands for a value of $245,228. Sagicor Financial Corporation 93,949 shares with a value of $588,119, National Enterprises had 11,500 shares traded for a value of $182,980. Angostura Holdings chipped in with 4,070 shares with a value of $36,630.

National Commercial Bank Jamaica added 58,152 shares valued at $69,914.

One Caribbean Media Limited closed at a 52 weeks high of $17.40, increasing by 10 cents.

IC indicator | At the end of trading, the Investor’s Choice bid-offer sentiment indicator shows that bids for 3 stocks were higher with 3 stocks that had offers lower than their last selling price.

West Indian Tobacco Company, which has been on a run from April, is one of the stocks that had a bid above the last selling price.

TTSEJul3

TTSE: Witco drops back by $3

Tuesday, 2nd July 2013 | The West Indian Tobacco Company stock that reached a new all-time high yesterday after making several other highs in recent past months, lost the $3 it gained in yesterday’s trading with only 210 units sold.

Market activity resulted in 13 securities trading of which 2 advanced, 2 declined and 9 traded firm with trading in the main market accounting for 210,003 units valued at only $286,299. JMMB dominated the trading volume with 121,356 shares for a value of $60,678. The share price of JMMB is relatively small compared to most of the listed companies shares, hence the value traded was far less than Monday’s $1,004,310 while Clico Investment Fund, traded just213 shares valued at $4,899 in the mutual fund segment. Trinidad Cement had a volume of 76,059 shares changing hands for a value of $72,256. Sagicor Financial Corporation 5,825 shares with a value of $36,686, National Enterprises had 11,500 shares traded for a value of $182,980. Angostura Holdings chipped in with 4,070 shares with a value of $36,630.

IC indicator | At the end of trading, the Investor’s Choice bid-offer sentiment indicator shows that bids for 4 stocks were higher with 3 stocks that had offers lower than their last selling price.

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Stocks to watch: week of 1st July, 2013

Keep an eye on these stocks for movement | There aren’t many changes to this week’s posting compared to last weeks’. We added two new ones in the junior market as the Lasco companies gain interest from the approved stock split of 10 for 1 and one for the TTSE.

StocksToWatchJul1