The slide on the Trinidad & Tobago Stock Exchange continued on Tuesday as trading ended with 891,703 shares valued at $8,121,426 changing hands. A total of 16 securities traded with 5 falling, 8 gaining while 3 remained unchanged. Two stocks closed at a 52 weeks’ low.
The market closed with the Composite Index declined by 3.31 points to close at 1,135.45, the All T&T Index fell by 7.61 points to close at 1,816.51 and the Cross Listed Index rose 14 points to 60.35.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 4 stocks with the bid higher than the last selling price and 9 with offers that were lower. More telling is the fact that about a third of the listings, have no bids to buy, a clear sign of a weakness.
Gains| Clico Investments Fund ended with a volume of 19,110 shares valued at $430,977 to end with a gain of 1 cent at $22.56, Guardian Holdings ended trading 54,007 shares valued at $751,021 but rose 15 cents to close at $13.95, JMMB Group contributed 348,525 shares but gained 3 cents in closing at 60 cents. National Flour ended with 707 shares changing hands and closed with a gain of 5 cents at $2, Point Lisas closed with 6,532 shares trading 5 cents higher at $4.05. Sagicor Financial Corporation closed with 202,800 shares valued at $1,415,578 changing hands to end with a rise of 1 cent at $6.99, Scotia Investments contributed 197 shares, gained 6 cents to close at $1.81 and Trinidad and Tobago NGL ended trading 26,838 shares valued at $511,789 but rose 2 cents to end at $19.08.
Losses| Ansa McAl traded 20,200 shares valued at $1,270,570 but lost 50 cents to close at a new 52 weeks low of $62.85, First Citizens traded 10,029 shares with a value of $347,991 but lost 4 cents to end at $34.70. National Enterprises closed with 8,462 shares changing hands at a 52 weeks’ low of $9.49 after falling by 51 cents, 
Republic Financial Holdings dropped 19 cents to close at $112 with 13,447 shares valued at $1,506,251 changing hands and West Indian Tobacco traded 3,300 shares valued $416,691 but lost 1 cent in ending at $126.27.
Firm Trades| Firstcaribbean International Bank closed at $6.50 with 171,500 units valued at $1,114,750 changing hands, Grace Kennedy traded 5,397 shares to end at $5.20 and Guardian Media traded 652 shares with the price remaining at $19.75.
No end to TTSE slide – Tuesday
TTSE falters again – Monday
The slide on the Trinidad & Tobago Stock Exchange continued on Monday as trading ended with 170,815 shares valued at $1,057,665 changing hands. A total of 10 securities traded with 3 falling, 2 gaining while 5 remained unchanged. One stock closed at a 52 weeks’ low.
The market closed with the Composite Index declined by 3.87 points to close at 1,138.76, the All T&T Index fell by 7.34 points to close at 1,824.12 and is down by 6.3 percent since the start of the year and the Cross Listed Index declined by 0.04 points to 60.21.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 stocks with the bid higher than the last selling price and 7 with offers that were lower. More telling is the fact that about a third of the listings have no bids to buy.
Gains| Guardian Holdings ended trading just 100 shares but rose 10 cents to close at $13.80 and Trinidad and Tobago NGL ended trading 5,705 shares, but rose 1 cent to end at $19.06.
Losses| JMMB Group contributed 7,164 shares valued but lost 2 cents in closing at 57 cents, National Enterprises closed with 11,640 shares changing hands at to close at a 52 weeks’ low of $10 after falling by 50 cents 
and West Indian Tobacco traded 829 share but lost 2 cents in ending at $126.28.
Firm Trades| Ansa Merchant Bank traded 1,028 units at $38.95, Clico Investments Fund ended with a volume of 12,700 shares to end at $22.55, Firstcaribbean International Bank closed at $6.50 with only 2,516 units changing hands. Grace Kennedy traded 53,773 shares to end at $5.20 and National Commercial Bank traded 86,000 shares at $2.40.
Big drop again for TTSE – Friday
Scotiabank at a new 52 weeks’ low on TTSE.
The market closed with the Composite Index declined by 10.05 points to close at 1,142.63, the All T&T Index fell by 19.89 points to close at 1,831.46 and is down by 6.3 percent since the start of the year and the Cross Listed Index declined by 0.01 points to 60.25.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 stocks with the bid higher than the last selling price and 6 with offers that were lower. More telling is the fact that about a third of the listings have no bids to buy.
Gains|Prestige Holdings with 2,812 units changing hands ended at a 52 weeks’ high of $11.21 to record a gain of 5 cents.
Losses| ANSA McAL contributed 39,272 shares valued at $2,485,487 but lost 33 cents in closing at a 52 weeks’ low of $63.35, First Citizens lost 24 cent in closing at $34.74 with only 287 units changing hands. LJ Williams B share lost 2 cents in closing at 97 cents with 250 units changing hands, Massy Holdings ended with a loss of 71 cents with 5,000 shares changing hands at a new 52 weeks’ low of $55.99, National Enterprises closed with 11,640 shares changing hands at to close at a 52 weeks’ low of $10.50 after falling by $1, Sagicor Financial Corporation traded 100 units at $6.98
after slipping by 1 cent, Scotiabank traded 2,173 shares but dropped by $1.97 to end at a 52 weeks’ low of $57.49.Firm Trades| Clico Investments Fund ended with a volume of 70,873 shares valued at $1,598,142 to end at $22.55, Grace Kennedy traded 100 shares to end at $5.20, LJ Williams 8% preference share traded 200 units at $3.30. Trinidad and Tobago NGL ended trading 21,157 shares with a value of $403,041 at $19.05 and Unilever Caribbean had 395 shares trading at $65.99.
Big drop on TTSE – Thursday
The slide on the Trinidad & Tobago Stock Exchange continued on Thursday with trading ending with 305,051 shares valued at $24,989,105 changing hands as Republic Financial holdings accounted for $23 million of the value of trade. A total of 13 securities traded with 7 falling, none gaining while 6 remained unchanged. A total of 3 stocks closed at a 52 weeks’ low.
The market closed with the Composite Index declined by 6.21 points to close at 1,152.68, the All T&T Index fell by 12.35 points to close at 1,851.35 and the Cross Listed Index remained at 60.26.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 stocks with the bid higher than the last selling price and 7 with offers that were lower. More telling is the fact that about a third of the listings have no bids to buy.
Losses| Clico Investments Fund ended with a volume of 21,047 shares valued at $474,610 as the price declined by 18 cents to end at $22.55, First Citizens lost 1 cent in closing at $34.98 with only 140 units changing hands. National Enterprises closed with just 10,020 shares changing hands at to close at a 52 weeks’ low of $11.50 after falling by $1, One Caribbean Media had 672 shares trading with a loss of 1 cent to end at a 52 weeks’ low of $21.97. Scotiabank traded 6,190 shares but slipped 2 cents to end at a 52 weeks’ low of $59.46 and Unilever Caribbean fell by 1 cent with 305 shares trading at $65.99.
Firm Trades| National Commercial Bank ended trading 15,650 shares at $2.40, Republic Financial Holdings closed at $112.19 with 208,447 shares changing hands for a value of $23,385,703, JMMB Group traded 12,500 shares at 58 cents. Sagicor Financial Corporation traded 312 units at $6.99, Trinidad and Tobago NGL ended trading with 25,114 shares with a value of $478,422 at $19.05, Trinidad Cement closed at $3.68 with 25,114 shares changing hands and West Indian Tobacco traded 515 units at $126.30 worth $1,333,728.
TTSE stocks closed lower on Tuesday
Prestige Holdings brand – the stock traded at a high on Tuesday.
The market closed with the Composite Index falling 0.76 points to close at 1,158.68, the All T&T Index dropping 1.45 points to close at 1,863.61 and the Cross Listed Index remained at 60.22.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 1 stock with the bid higher than the last selling price and 9 with offers that were lower. More telling is the fact that about a third of the listings have no bids to buy.
Gains| Agostini’s traded 990 shares at $17.03 with a rise of 1 cent, Clico Investments traded 26,975 shares with a value of $1,571,937 to close with a gain of 18 cents at $22.73. Prestige Holdings with 126 units changing hands ended at a 52 weeks’ high of $11.16, to record a gain of 4 cents and Republic Financial Holdings gained by 2 cents to close at $112.20 with 9,094 shares changing hands, at a value of $1,020,269.
Losses| Massy Holdings ended with 8,024 shares with a value of $455,101 changing hands as the price dropped 5 cents to end at a 52 weeks’ low of $56.70, Scotiabank closed with 6,420 shares valued at $381,867 changing hands with a loss of 24 cents to end at a 52 weeks’ low of $59.48. Scotia Investments closed with a loss of 4 cents at $1.71 while trading 50,694 shares and Trinidad Cement lost 2 cents to close at $3.68 with 55,022 shares.
Firm Trades| Ansa Merchant Bank ended with 2,549 shares trading at $38.95, Berger Paints traded 100 shares at $3.68, Grace Kennedy closed with 39,625 units changing hands to close at $5.15.
Guardian Holdings ended trading with 22,850 shares valued at $312,955 changing hands at $13.70, National Commercial Bank had 51,688 shares changing hands to close at $2.40, National Flour closed with 6,270 shares changing hands at $1.95. Praetorian Property Mutual Fund contributed 12,000 shares and rose cents to end at $3, Sagicor Financial Corporation 6.5% US$1 preference share traded 70 units at US$1.10, Trinidad and Tobago NGL ended trading 22,359 shares with a value of $424,821 to close at $19 and West Indian Tobacco traded 18,309 units at $126.30 worth $2,312,427.
TTSE stocks closed down – Monday
Grace Kennedy closed at a 52 weeks’ high on Monday
The slide on the Trinidad & Tobago Stock Exchange continued on Monday with trading ended with 271,900 shares valued at $5,178,918 changing hands. A total of 12 securities traded with 3 falling, one gaining while 8 remained unchanged. A total of 1 stock closed at a 52 weeks’ low and one at a 52 weeks’ high.
The market closed with the Composite Index falling 1.07 points to close at 1,159.44, the All T&T Index dropping 1.62 points to close at 1,865.06 and the Cross Listed Index declined by 0.07 points to close at 60.22.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 3 stocks with bids higher than the last selling price and 10 with offers that were lower. More telling is the fact that about a third of the listings have no bids to buy.
Gains| Grace Kennedy gained 2 cents to close with 500 units changing hands to close at $5.15.
Losses| JMMB Group traded 15,406 shares to close with a loss of 2 cents at 58 cents. Massy Holdings ended with 60,200 shares with a value of $3,426,958 changing hands as the price dropped $1.04 to end at a 52 weeks’ low of $56.75 and Scotia Investments closed with a loss of 5 cents at $1.75 while trading 98,856 shares.
Firm Trades|Clico Investments traded 26,975 shares with a value of $608,779 to close at $22.55, First Citizens traded 16,000 shares at $34.99, Firstcaribbean International Bank closed with 19,723 units changing hands at $6.50, National Commercial Bank had 25,000 shares changing hands to close at $2.40, National Flour closed with 3,400 shares changing hands at $1.95. Point Lisas closed with 5,000 shares trading to close at $4, Sagicor Financial Corporation closed with 6,569 shares changing hands to close at $7 and Trinidad and Tobago NGL ended trading 7,677 shares to close at $19.
NCB 6.75m units on TTSE – Thursday
NCB traded over 6m shares on TTSE on Thursday.
The one stock that declined was enough to push the two main indices of the market down sharply. The market closed with the Composite Index falling 5.43 points to close at 1,163.12, the All T&T Index dropping 11.66 points to close at 1,871.55 and the Cross Listed Index advancing by 0.12 points to close at 60.34.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator has turned negative with 2 stocks with bids higher than the last selling price and 8 with offers that were lower. More telling is the fact that nearly a third of the listings have no bids to buy.
Gains| Agostini’s traded 100 shares at $17.02 after rising of 1 cent to close at a 52 weeks’ high, Berger Paint ended with a gain of 1 cent while trading 100 shares to close at to close at a 52 weeks’ high of $3.68, Clico Investments traded 12,231 shares to close with a 3 cent rise to $22.55. Grace Kennedy gained 14 cents with 3,033 units changing hands to close at a 52 weeks’ high of $5.15 or the equivalent of J$97 compared to $83 the stock traded at in Kingston. National Flour closed with 2,100 shares changing hands with a gain of 2 cents at $1.85, Prestige Holdings traded 6,564 shares as the price rose 12 cents to end at a 52 weeks’ high of $11.12. Scotia Investments closed with a gain of 10 cents at $2 while trading 49,000 shares and West Indian Tobacco traded 130 shares to close at $126.30 after rising 2 cents.
Losses| National Enterprises closed with just 568 shares changing hands at $13 after dropping 99 cents, to close at a 52 weeks’ low.
Firm Trades| Ansa Merchant Bank contributed 100 shares in closing at $38.95, Firstcaribbean International Bank closed with 68,782 units value at $447,083 changing hands at $6.50. Guardian Holdings traded 58,832 shares valued at $805,998 at $13.70, National Commercial Bank had 6,750,000 shares valued at $16,200,000 changing hands to close at $2.40. Point Lisas traded 100 shares at $4, Republic Financial Holdings closed at $112.18 with 538 shares changing hands after it traded earlier at $112.24. Sagicor Financial Corporation closed with 215,435 shares changing hands valued $1,506,771 at $6.99, Scotiabank closed with 200 shares changing hands to end at $59.74, Trinidad and Tobago NGL traded 27,476 shares to close at $18.25.
6 TTSE stocks dropped on Wednesday
FirstCaribbean traded at a new 52 weeks’ high on Wednesday
A sharp 8.3 percent rise in the price of Firstcaribbean International Bank, resulted in the market indices being mixed at the close, with the Composite Index rising 5.38 points to close at 1,168.55, the All T&T Index dropping 2.17 points to close at 1,883.21 and the Cross Listed Index advancing by 1.78 points to close at 60.22.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator has turned negative with 5 stocks with bids higher than the last selling price and 9 with offers that were lower.
Gains| Firstcaribbean International Bank was the only stock recording a positive price movement with the price rising 50 cents to close at $6.50 with 38,005 units changing hands.
Losses| JMMB Group fell 2 cents and closed with 380,929 shares changing hands at 58 cents, Massy Holdings closed with only 828 shares trading a with a loss of 10 cents at $57.84 for a new 52 weeks’ low, National Commercial Bank had 111,120 shares changing hands to close with a loss of 5 cents at $2.40.
Scotiabank closed with 523 shares changing hands after falling 1 cent, to end at $59.74, Trinidad and Tobago NGL lost 66 cents in trading a mere 13,925 shares to close at a 52 weeks’ low of $18.25 and Trinidad Cement traded 1,000 shares but fell 5 cents to $3.70.Firm Trades| Clico Investments traded 607 shares to close at $22.52, Republic Financial Holdings closed at $112.18 with 5,512 shares changing hands and Unilever Caribbean traded 440 shares trading at $66.
TTSE stocks slip again on Tuesday
Trading activity ended on the Trinidad & Tobago Stock Exchange on Tuesday with 330,345 shares valued at $5,414,285 changing hands. All three market indices declined, continuing a negative trend, in evidence for 2016. The market ended with 15 active securities of which, 4 rose, 4 fell and 7 remained unchanged. One stock ended at 52 weeks’ low at the close.
The Composite Index lost 2.79 points to close at 1,163.17, the All T&T Index dropped 5.49 points to close at 1,885.38 and the Cross Listed Index declined 0.01 points to close at 58.44.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator has turned negative with 5 stocks with bids higher than the last selling price and 8 with offers that were lower.
Gains|Clico Investments traded 199,522 shares valued at $4,492,875 to close 1 cent higher at $22.52, Guardian Holdings rose 4 cents with 36,036 shares valued at $493,676 changing hands to end at $13.70. Scotiabank closed with 100 shares changing hands with a 1 cent rise, to end at $59.75 and West Indian Tobacco traded 1,547 shares to close at $126.28 after rising 3 cents.
Losses| Massy holdings closed with only 50 shares trading a with a loss of 4 cents at $57.94 for a new 52 weeks’ low, National Enterprises closed with just 10 shares changing hands at $13.99 after dropping 46 cents, to close at a 52 weeks’ low. Sagicor Financial Corporation closed with 2,000 shares changing hands with a loss of 1 cent at $6.99 and Trinidad and Tobago NGL lost 3 cents in trading a mere 10 shares to close at $18.91.
Firm Trades| Ansa Merchant Bank contributed 490 shares in closing at $38.95, First Citizens traded 10 shares at $34.99, JMMB Group closed with 21,798 shares changing hands at 60 cents, Guardian Media ended trading with 1,365 shares changing hands at $19.75. National Commercial Bank had 5,238 shares changing hands to close at $2.45, Republic Financial Holdings closed at $112.18 with 170 shares changing hands and Scotia Investments closed at $1.90 while trading 62,000 shares.
Premium for Jamaican stocks remains – TTSE
Grace Kennedy and Scotia Investments (SIJL) continue to trade in Trinidad at a huge premium to the prices in Jamaica on Monday although SIJL slipped at the end of trading. Trading activity ended on the Trinidad & Tobago Stock Exchange on Monday with 352,423 shares valued at $7,434,679 trading, with the market indices falling. The market ended with 10 active securities of which, 2 rose, 3 fell and 5 remained unchanged. One stock ended at 52 weeks’ low at the close.
The Composite Index lost 1.06 points to close at 1,165.96, the All T&T Index dropped 1.72 points to close at 1,890.87 and the Cross Listed Index declined 0.05 points to close at 58.45.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator has turned negative with 5 stocks with bids higher than the last selling price and 9 with offers that were lower.
Gains| Clico Investments traded 40,000 shares valued at $900,700 to close at $22.51, Republic Financial Holdings closed with a gain of 2 cents to $112.18 with 7,210 shares valued at $808,818 changing hands.
Losses| ANSA McAL contributed 85,000 shares with a value of $5,418,750 but lost 23 cents in closing at a 52 weeks’ low of $63.75, Scotia Investments fell 10 cents to close at $1.90 while trading 17,822 shares and Unilever Caribbean fell by $1.81 with 2,114 shares trading to close at $66.
Firm Trades| Grace Kennedy closed with 200 shares changing hands at $5.01, JMMB Group traded 196,232 shares at 60 cents, National Commercial Bank had 200 shares changing hand to close at $2.45, Point Lisas traded 145 shares at $4 and Trinidad Cement traded 3,500 shares to end at $3.75.
