The bearishness continues on the Trinidad & Tobago Stock Exchange with decline in all three indices on Friday, with closing as indicators continue to point to more losses ahead.
On Friday, the number of securities traded slipped to 12 against 13 on Thursday as the market closed with 3 stocks advancing, 5 declining and 4 remaining unchanged. Trading ended with 159,389 shares at a value of $998,772 compared to 284,392 shares valued $2,181,738 on Thursday.
At close of the market the, Composite Index declined 0.89 points on Friday to 1,245.44, the All T&T Index lost 0.26 points to 1,697.20, while the Cross Listed Index shed 0.21 points to close at 106.95.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows the market continuing to be weak as it closed with only 3 stocks ending with bids higher than the last selling prices and 6 with lower offers, an indication of the continuation of a weak market currently.
Gains| JMMB Group concluded trading 4 cents higher and ended trading at $1.90, with 3,000 stock units changing hands, LJ Williams B share added 1 cent and ended at 71 cents, after exchanging 1,000 shares and Trinidad & Tobago NGL increased 10 cents to end at $27.45, after exchanging 3,035 shares.
Losses| First Citizens fell 3 cents and ended at $32.52, after exchanging 1,298 shares, Guardian Holdings closed with a loss of 20 cents at $15.65, after 3,922 shares changing hands, NCB Financial Group shed 5 cents and ended at $5.94, trading 30,158 shares, One Caribbean Media lost 1 cent and completed trading at a 52 weeks low of $12.43, with 5,000 stock units changing hands and Sagicor Financial ended trading 5 cents lower and settled at $7.80, with 3,000 units.
Firm Traded| First Caribbean International Bank finished trading at $9, after exchanging 100 shares, Grace Kennedy settled at $3.15, with 106,000 units, Prestige Holdings concluded market activity at $10.01, after exchanging 949 shares and Republic Financial Holdings completed trading at $101.65, with 1,927 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Bears have upper hand on TTSE
More slippage for TTSE
The Trinidad & Tobago Stock Exchange continues to be bearish with no support coming from the majority of companies reporting lower profits. The market ended on Thursday with all indices declining, with indicators pointing to more losses ahead.
On Thursday, the number of securities traded rose 38 percent to 18 against 13 on Wednesday and the market closed with 5 stocks advancing, 5 declining and 8 remaining unchanged. Trading ended with 284,392 shares at a value of $2,181,738, compared to 404,907 shares on Wednesday valued at $2,835,805.
At close of the market the, Composite Index declined 8.75 points on Thursday to 1,246.33, the All T&T Index lost 0.42 points to 1,697.46, while the Cross Listed Index shed 2.37 points to close at 107.16.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows the market continuing to be weak as it closed with only 3 stocks ending with bids higher than the last selling prices and 5 with lower offers, an indication of the continuation of a weak market currently.
Gains| First Citizens gained 4 cents and concluded at $32.55, after trading 1,561 shares, Sagicor Financial finished trading with 5 cents and completed trading at $7.85, with 43,317 units, Scotiabank closed with an increase of 5 cents and settled at $62.70, after exchanging 500 shares, Trinidad & Tobago NGL ended trading with 5 cents and concluded at $27.35, after 902 shares changed hands and Trinidad Cement closed with a rise of 1 cent and ended at $2.51, with 10,000 stock units changing hands..
Losses| Clico Investments concluded trading with a loss of 5 cents and completed trading at $20.15, with 30,691 units, First Caribbean International Bank traded with a loss of 35 cents at $9, after trading 10,000 shares, Guardian Holdings shares fell 15 cents and settled at $15.85, with 2,000 shares changing hands, National Flour closed with a loss of 4 cents at a 52 weeks’ low of $1.66, having exchanged 13,000 shares and NCB Financial Group shed 11 cents and concluded at $5.99, exchanging 74,674 shares.
National Flour fell to a new 52 weeks’ low.
Firm Traded| Agostini’s concluded trading at $21.06, after exchanging 396 shares, Angostura Holdings ended at $15.72, with 600 stock units changing hands, Grace Kennedy completed trading at $3.15, with 79,013 units, JMMB Group ended at $1.86, with 136 stock units changing hands, National Enterprises completed trading at $9.75, with 1,536 units. One Caribbean Media ended at $12.44, with 13,665 stock units changing hands, Point Lisas completed trading at $3.81, with 2,000 units and Republic Financial Holdings ended at $101.65, as 401 stock units changed hands.
Prices of securities trading for the day are those at which the last trade took place.
Trinidad Cement at 52 weeks’ low – Wednesday
TCL trades at 52 weeks’ low on TTSE.
In trading on the Trinidad & Tobago Stock Exchange on Wednesday with Trinidad Cement closing at 53 weeks’ low of $2.50 as investors lose faith in the profitability of the company but the stock closing with a bid for a small amount to buy at $2.50.
At the close 13 securities changed hands with 1 stocks advancing, 6 declining and 6 remaining unchanged compared to 16 trading on Tuesday
Trading volume remained low, with 404,907 shares valued at $2,835,805 changing hands, compared to 195,484 shares valued at $1,671,458 on Tuesday
At close, the Composite Index lost 2.16 points on Wednesday to 1,255.08, the All T&T Index declined 1.77 points to 1,697.88, while the Cross Listed Index fell 0.35 points to close at 109.53.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows the market continuing to be weak as it closed with only 2 stocks ending with bids higher than the last selling prices and 6 with lower offers, an indication of the continuation of a weak market currently.
Gains| Clico Investments price increased 4 cents, concluding trading at $20.20, with 6,286 units.
Losses| First Citizens’ shares fell 19 cents and completed trading at $32.51, after exchanging 1,788 shares, NCB Financial Group closed with a loss of 5 cents and completed trading at $6.10, after trading 300,000 shares, Republic Financial Holdings shed 4 cents and settled at $101.65, with 806 stock units changing hands, Scotiabank lost 1 cent and ended at $62.65, after exchanging 925 shares, Trinidad & Tobago NGL ended trading 20 cents lower at $27.30, after exchanging 15,330 shares and Trinidad Cement concluded trading with a loss of 10 cents and settled at 53 weeks’ low of $2.50, with 2,314 stock units changing hands.
Firm Trades| Grace Kennedy concluded market activity at $3.15, with 33,000 units, JMMB Group settled at $1.86, with 39,100 stock units changing hands, Massy Holdings closed at $47, with 842 stock units trading, One Caribbean Media settled at $12.44, with 1,017 stock units changing hands, Prestige Holdings ended at $10.01, after exchanging 144 shares and Sagicor Financial concluded trading at $7.80, as 3,355 units changed hands.
Prices of securities trading for the day are those at which the last trade took place.
TTSE closed Monday with 2 gains & 3 losses
Trinidad & Tobago Stock Exchange on Monday with just 2 stocks advancing, 3 declining and 7 remaining unchanged as was the case on Friday and with the same number of securities trading as well, at 12.
Trading volume remained low, with 110,825 shares valued at $2,261,343 changing hands, compared to 293,550 shares valued at $2,488,584 on Friday.
At close, the Composite Index lost 1.41 points on Monday to 1,259, the All T&T Index fell 0.78 points to 1,699.62, while the Cross Listed Index declined 0.28 points to close at 110.37.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows the market continuing to be weak as it closed with only 1 stock ended with the bid higher than the last selling price and 7 with lower offers, an indication of the continuation of a weak market currently.
Gains| Clico Investments concluded trading and rose 1 cent to settle at $20.16, with 1,828 units and One Caribbean Media added 4 cents and completed trading at $12.48, with 1,400 stock units changing hands. 
Losses| First Citizens ended trading 19 cents lower and ended at $32.51, after exchanging 1,263 shares, NCB Financial Group concluded trading with a loss of 5 cents at $6.20, after exchanging 24,363 shares and Trinidad & Tobago NGL traded with a loss of 21 cents at $27.50, after exchanging 20,792 shares.
Firm Trades| Guardian Holdings concluded trading at $16, after exchanging 19,574 shares, JMMB Group ended trading at $1.86, with 400 stock units changing hands, National Enterprises settled at $9.75, with 737 units, Prestige Holdings concluded trading at $10.01, after exchanging 2,500 shares, Republic Financial Holdings finished trading at $101.58, with 8,289 stock units changing hands, Sagicor Financial settled at $7.80, with 29,429 units and West Indian Tobacco concluded market activity at $88.55, after exchanging 250 shares.
Prices of securities trading for the day are those at which the last trade took place.
2 rise 3 fall on TTSE –Friday
Trinidad & Tobago Stock Exchange Head Quarters
Only 2 stocks advanced, 3 declining and 7 remaining unchanged in market activity on the Trinidad & Tobago Stock Exchange Friday, as 12 securities traded against 14 on Thursday.
Trading volume remained low, resulting in more volume trading with 342,317 shares valued at $5,336,268 changing hands, compared to 293,550 shares valued at $2,488,584 on Thursday.
At close, the Composite Index lost 3.49 points on Friday to 1,260.41, the All T&T Index fell 0.11 points to 1,700.40, while the Cross Listed Index declined 0.98 points to close at 110.65.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows the market continuing to be weak as it closed with only 1 stock ended with the bid lower than their last selling price and 5 with lower offers.
Gains| Scotiabank gained 9 cents and ended at $62.65, after exchanging 173 shares and Trinidad & Tobago NGL finished trading with a rise of 46 cents and closed at $27.71, after 12,092 shares changed hands.
Losses| Clico Investments closed with a loss of 1 cent at $20.15, with 6,327 units, NCB Financial Group fell 15 cents and completed trading at $6.25, after exchanging 10,500 shares and One Caribbean Media lost 4 cents and 
settled at $12.44, with 1,900 stock units changing hands.
Firm Trades| First Citizens completed trading at $32.70, after exchanging 4,561 shares, Grace Kennedy closed at $3.15, with 5,910 units trading, Guardian Holdings ended at $16, exchanging 10,587 shares, Massy Holdings settled at $47, with 55,329 stock units changing hands, National Enterprises concluded market activity at $9.75, with 1,118 units, Prestige Holdings ended at $10.01, after trading 400 shares and Sagicor Financial concluded trading at $7.80, with 233,420 units changing hands.
Prices of securities trading for the day are those at which the last trade took place.
4 stocks rise on TTSE 2 fall – Thursday
Market activity on the Trinidad & Tobago Stock Exchange ended Thursday, with 14 securities trading, against 15 on Wednesday, with 4 stocks advancing, 2 declining and 8 remaining unchanged.
Trading volume remained low, resulting in 293,550 shares valued at $2,488,584 changing hands, compared to 186,626 shares valued at $3,719,226 on Wednesday.
At close, the Composite Index gained 0.84 points on Thursday to 1,263.90, the All T&T Index rose 1.95 points to 1,700.29, while the Cross Listed Index shed 0.04 points to close at 111.63.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 1 stock with the bid lower than the last selling price and 5 with lower offers.
Gains| Clico Investments closed with an increase of 1 cent and completed trading at $20.16, with 24,533 units, First Citizens finished 19 cents higher and concluded at a 52 weeks’ high of $32.70, after exchanging 2,000 shares, JMMB Group rose 1 cent and ended at $1.86, with 39,000 stock units changing hands and Sagicor Financial added 4 cents and completed trading at $7.80, with 47,615 units.
Losses| Ansa McAl shares fell 5 cents and completed trading at a 52 weeks’ low of $59.95, with 19 units changing hands and First Caribbean International Bank closed with a loss of 15 cents at $9.35, after exchanging 59,150 shares.
Firm Trades| Grace Kennedy ended trading at $3.15, with 99,926 units, Massy Holdings ended at $47, with 250 stock units changing hands, National Flour settled at $1.68, after exchanging 1,824 shares, Republic Financial Holdings ended at $101.58, with 600 stock units changing hands, Scotiabank settled at $62.56, after exchanging 3,480 shares. Trinidad & Tobago NGL concluded trading at $27.25, after exchanging 11,138 shares, Trinidad Cement ended at $2.60, with 4,000 stock units changing hands and West Indian Tobacco settled at $88.55, after exchanging just 15 shares.
Prices of securities trading for the day are those at which the last trade took place.
More TTSE stocks rise than fall – Wednesday
Market activity on the Trinidad & Tobago Stock Exchange ended Wednesday, with 15 securities trading, against 14 on Tuesday, with 5 stocks advancing, 3 declining and 7 remaining unchanged.
Trading volume remained low, resulting in 186,626 shares valued at $3,719,226 changing hands, compared to 117,881 shares valued at $1,542,037 on Tuesday.
At close, the Composite Index lost 1.08 points to 1,263.06, the All T&T Index declined 0.98 points to 1,698.34, while the Cross Listed Index shed 0.16 points to close at 111.67.
IC bid-offer Indicator|At the end of trading, on Wednesday, the Investor’s Choice bid-offer indicator reading shows 2 stocks with bids lower than their last selling prices and 5 with lower offers.
Gains| First Citizens finished trading with a gain of 1 cent at $32.51, after exchanging 1,622 shares, JMMB Group closed with an increase of 10 cents at $1.85, with 50,990 stock units changing hands, One Caribbean Media ended trading and gained 4 cents to end at $12.48, with 10,000 stock units changing hands, Sagicor Financial closed with a rise of 1 cent and completed trading at $7.76, with 23,935 units and West Indian Tobacco concluded trading 5 higher at $88.55, after exchanging 707 shares.
Losses| Grace Kennedy fell 10 cents and completed trading at $3.15, with 5,000 units, Massy Holdings closed with a loss of 40 cents and ended at $47, with 2,482 stock units changing hands and National Enterprises shed 4 cents and completed trading at $9.75, with 500 units.
Firm Trades| Angostura Holdings ended at $15.72, with 500 stock units changing hands, Clico Investments completed trading at $20.15, with 7,379 units, National Flour settled at $1.68, after exchanging 27,397 shares. Republic Financial Holdings ended at $101.58, with 15,598 stock units changing hands, Scotiabank settled at $62.56, after exchanging 109 shares. Trinidad & Tobago NGL concluded market activity at $27.25, after exchanging 4,407 shares and Unilever Caribbean completed trading at $32, with 36,000 units changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Stocks marking time on TTSE
Trinidad & Tobago Stock Exchange Head Quarters
Market activity on the Trinidad & Tobago Stock Exchange ended Tuesday, trading in 14 securities, with modest price changes, against 9 on Thursday, with 2 stocks advancing, 4 declining and 8 remaining unchanged.
Trading resulted in 117,881 shares valued at $1,542,037 changing hands, compared to 264,376 shares valued at $2,045,015 on Thursday.
At close, the Composite Index gained 0.21 points on Tuesday to 1,264.14, the All T&T Index rose 0.41 points to 1,699.32, while the Cross Listed Index remained unchanged to close at 111.83.
IC bid-offer Indicator| At the end of trading, on Tuesday, the Investor’s Choice bid-offer indicator reading shows 3 stocks with bids lower than their last selling prices and 5 with lower offers.
Gains| Angostura Holdings gained 2 cents and settled at $15.72, with 25 stock units changing hands and Republic Financial Holdings advanced 3 cents and closed at $101.58, with 173 stock units changing hands.
Losses| Clico Investments fell 1 cent and closed at $20.15, with 11,200 units trading, Prestige Holdings closed with a loss of 4 cents and ended at $10.01, after exchanging 50 shares. Scotiabank fell 9 cents to $62.56, after exchanging 50 shares and Trinidad & Tobago NGL concluded trading with a fall of 50 cents at $27.25, after exchanging 8,905 shares.
Firm Trades| First Caribbean International Bank ended at $9.50, after exchanging 32,499 shares, First Citizens closed at $32.5 after exchanging 20,465 shares, Guardian Holdings ended at $16.00, after 16 shares were exchanged, LJ Williams B share added completed trading at 70 cents, after trading 10,000 shares. National Enterprises closed at $9.79, with 900 units, National Flour ended at $1.68, after 28,571 shares changed hands, Trinidad Cement concluded trading at $2.60, with 5,000 stock units changing hands and Unilever Caribbean concluded trading at $32, with 27 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.
First Caribbean to list on NYSE
FirstCaribbean International Bank closed at a 52 weeks’ high on Thursday.
First Caribbean International Bank traded at a new high on the Trinidad & Tobago Stock Exchange, after the bank announced that they filed application with the Securities Commission for listing of the shares on the New York Stock Exchange.
The bank with branches sprawled all over the economically troubled Caribbean basin reported improved profit results in the quarter ending January with profit rising by 13.2 percent from US$33.77 million to US$38.24 including minority interest, as loans grew modestly over the one year period, from US$6.14 billion to US$6.34 billion.
Market activity ended with 9 securities changing hands compared to 14 securities on Wednesday, with 4 stocks advancing, 2 declining and 3 remaining unchanged. Trading resulted in 264,376 shares valued at $2,045,015 changing hands, compared to 156,799 shares valued at $1,663,812 on Wednesday.
At close, the Composite Index gained 1.10 points on Thursday to 1,263.93, the All T&T Index gained 0.40 points to 1,698.91, while the Cross Listed Index rose shed 0.25 points to close at 111.83.
IC bid-offer Indicator|At the end of trading, on Thursday, the Investor’s Choice bid-offer indicator reading shows 6 stocks with bids lower than their last selling prices and 5 with lower offers.
Gains| First Caribbean International Bank rose 15 cents and settled at a 52 weeks’ high $9.50, after exchanging 123,125 shares. National Enterprises closed with a gain of 4 cents and completed trading at $9.79, with a mere 30 units, Scotiabank gained 9 cents and settled at $62.65, after exchanging 262 shares and Trinidad & Tobago NGL finished trading with a gain of 25 cents to $27.75, after exchanging 22,627 shares.
Losses| JMMB Group concluded trading with a loss of 10 cents at $1.75, with 113,925 stock units changing hands and National Flour fell 2 cents and settled at a 52 weeks’ low of $1.68, after exchanging 1,920 shares as profit for 2017, fell from $35 million to $29 million with earnings per share of 24 cents.
Firm Trades| Massy Holdings ended at $47.40, with 619 stock units changing hands, Sagicor Financial completed trading at $7.75, with an exchange of 1,254 units and Trinidad Cement ended at $2.60, with 614 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Modest trading on TTSE on Wednesday
There was no change in the number of securities trading Wednesday, compared to Tuesday, as 14 securities changed hands on the Trinidad & Tobago Stock Exchange.
Market activity ended with just 2 rising, 4 falling and 8 closing with prices unchanged. Market activity resulted in 156,799 shares valued at $1,663,812 changing hands, compared to 225,853 shares valued at $6,610,658 on Tuesday.
At close, the Composite Index declined 1.29 points to 1,262.83, the All T&T Index gained 0.47 points to 1,698.51, while the Cross Listed Index rose shed 0.29 points to close at 111.58.
IC bid-offer Indicator|At the end of trading, on Wednesday, the Investor’s Choice bid-offer indicator reading shows 2 stocks with bids lower than their last selling prices and 4 with lower offers.
Gains| Massy Holdings rose 10 cents and ended at $47.40, with 1,241 stock units changing hands and National Enterprises closed with a gain of 10 cents and completed trading at $9.75, with 145 units.
Losses| Clico Investments closed with a loss of 34 cents at $20.16, with 11,797 units, Grace Kennedy shed 5 cents and completed trading at $3.25, with 19,000 units, Guardian Holdings lost 1 cent and settled at $16, after exchanging 2,656 shares and 
Trinidad & Tobago NGL ended trading 25 cents lower at $27.50, after exchanging 8,638 shares.
Firm Trades| Ansa Merchant settled at $40, after exchanging 30 shares, First Caribbean International Bank settled at $9.35, after trading 25,000 shares, First Citizens concluded trading at $32.50, after exchanging 5,929 shares, JMMB Group ended at $1.85, with 11,211 stock units changing hands, National Flour settled at $1.70, after exchanging 9,000 shares. Sagicor Financial completed trading at $7.75, with 59,542 units, Trinidad Cement ended at $2.60, with 1,500 stock units changing hands and West Indian Tobacco settled at $88.50, after exchanging 1,110 shares.
Prices of securities trading for the day are those at which the last trade took place.
