TTSE closes mostly positively

May 8, 2015 by

National flour closed at a 52 weeks high on Friday

National flour closed at a 52 weeks high on Friday

Trading on the Trinidad Stock Exchange closed out the week with 10 securities changing hands, of which 3 advanced, one declined and 6 traded firm with a total of 242,774 units, valued at $1,585,915.
At the close of the market, the Composite Index rose 0.18 points to close at 1,154.68, the All T&T Index advanced by 0.30 points to 1,969.13 and the Cross Listed Index increased by a mere 0.01 points to 44.62.
Gains| Stocks increasing in price at the close are, Guardian Holdings trading 4,500 units, increasing by 5 cents to end at $14.30. Grace Kennedy traded 72,810 shares for $255,539 to close 1 cent higher at $3.51 and National Flour Mills added 5,076 shares to gain 2 cents to end at a 52 weeks’ high of $1.64.
JMMB Group with a decent volume of 141,875 shares changing hands for a value of $78,031, closed with the loss of 1 cent at 55 cents.
TTSE sum 8-5-15 Firm Trades|Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund closed trading with 8,911 shares valued at $201,031, to close at $22.55, First Citizens Bank trading 473 shares to close at $35.78. Massy Holdings traded 330 shares to close unchanged at $63.43 followed by Sagicor Financial Corporation trading 261 shares to end at $5.91. Scotiabank with just 812 shares ended at $62.50 followed by Republic Bank contributing 7,726 shares to the overall volume traded in the market and carrying a value of $888,490 to end at $115.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.

Filed Under: Stock Market, TTSE Market Tagged With: , ,

Six up 1 down on TTSE

May 8, 2015 by

Trading on the Trinidad Stock Exchange ended on Thursday with 11 securities changing hands of which 6 advanced, 1 declined and 4 traded firm with a total of 149,740 units, valued at $857,089.
TTSE sum 7-5-15At the close of the market, the Composite Index rose 1.09 points to close at 1,154.50, the All T&T Index remained unchanged at 1,968.83 points and the Cross Listed Index fell / increased by 0.29 points to end at 44.61.
Gains| Stocks increasing in price at the close are, Grace Kennedy with 49,642 shares trading for $173,727, closing at $3.50 with a 1 cent increase. JMMB Group contributed 36,565 shares while increasing by 6 cents to end at 56 cents, had 1,564 units trading, 2 cents higher to $1.62, while Prestige Holdings with 50,000 shares changing hands for a value of $500,000, closed with an increase of 12 cents to $10. Sagicor Financial Corporation added 7,293 shares and gained 1 cent to end at $5.91 and Scotia Investments ended with just 186 units changing hands but the price climbed 5 cents to $1.50.
Declines| Guardian Holdings declined 1 cent to end at $14.25 with 3,000 shares changing hands and was the only stock declining.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, First Citizens Bank trading 1,090 shares to close at $35.78, Massy Holdings trading just 50 shares at $63.43, Republic Bank traded 200 shares at $115 and Scotiabank traded 150 shares and ended at $62.43.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , ,

Trinidad Stock Exchange pockets $2.74M

May 8, 2015 by

TTSEDailyTRading280x150The year 2014 saw the stock exchange in the Southern Caribbean, struggling to hold its own against profits made in 2013, with 39 percent fall to $2.74 million.
Revenue excluding investment income totalled $14.07 million, and was only 5.6 percent less than the $14.9 million in 2013 as reductions in transaction charges and bond trading Income were mitigated by increases in registrar and other Income.
Investment Income of $2.015 million was marginally less than the $2.021 million booked in 2013 as lower interest rates dampened the effect of higher investment balances. Total revenue, including investment income, was $16 million, 5.0 percent lower than the $16.92 million generated in 2013. Operating Expenses totalled $12.4 million, an increase of 11 percent from the corresponding charges for 2013 with consultancy and legal expenses contributing to most of the increase as the organisation completed a human resources review and also increased its regulatory activities. Consolidated total assets closed 2014 at $72.3 million, Shareholder’s equity $68.9 million and retained earnings at $54.6 million.
The stock exchange may be holding its own financially, but they have hiked fees to investors as stayed away from stock investments the same has been happening Jamaica, suggesting that there should be a push for the two exchanges to start merger discussion probably starting with back room operations.

Filed Under: Company News, Company Results, Stock Market, TTSE Market Tagged With:

No stock fell on TTSE Wednesday

May 6, 2015 by
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Guardian Gained in trading on Wednesday but the stock could benefit in the future from the take over of large blocks of shares.

Guardian Gained in trading on Wednesday but the stock could benefit in the future from the take over of large blocks of shares.

Trading on the Trinidad Stock Exchange closed with 13 securities changing hands of which 2 advanced, none declined and 11 traded firm with a total of 865,369 units, valued at $7,647,482.
At the close of the market, the Composite Index rose 0.17 points to close at 1,153.41, the All T&T Index rose 0.34 points to close at 1,968.83 and the Cross Listed Index remained at 44.32.
Gains| Stocks increasing in price at the close are, Ansa Mcal trading 1,500 shares to close with a gain of 1 cent at $67.02, Guardian Holdings trading 1,180 shares closed with a gain of 7 cents to end at $14.26. Proven Investments and National Commercial Bank are slated to take a major stake in the ownership in Guardian that once was majority owned by Jamaica Mutual Life.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Angostura Holdings with 715 units at $13.90, Clico Investment Fund closed at $2.55 with 1,300 units, First Citizens Bank trading 1,875 shares to close at $35.78, Guardian Media trading 912 shares at $19.76, JMMB Group contributing 185,655 shares at 50 cents. Massy Holdings traded just 6 shares to close at $63.43, National Enterprises TTSE -6-5-15with 1,000 shares closed at $17.30, One Caribbean Media ended trading with 876 units at $22.30, Prestige Holdings had 662,100 units changing hands at $10 with a value of $6,621,000. Republic Bank had 2,650 shares trading with a value of $304,750 to close unchanged at $115, Scotiabank traded 5,600 units to close at $62.50 carrying a value of $350,000.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than their last selling prices and 1 stock with the offer that is lower.

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5 stocks rose none fell on TTSE

May 5, 2015 by

TTSEDailyTRading280x150 Trading on the Trinidad Stock Exchange was dismally low with just 21,815 units, valued at $537,697 trading with 13 securities changing hands of which 5 advanced, none declined and 8 traded firm.
At the close of the market, the Composite Index rose by 0.12 points to close at 1,153.24, the All T&T Index advanced by just 0.25 points to close at 1,968.49 and the Cross Listed Index remained at 44.32.
Gains| Stocks increasing in price at the close are, Clico Investment Fund with 5,414 shares valued at $121,957, gained 1 cent to end at $22.5. First Citizens Bank traded 1,205 shares to close with a gain of 1 cent at $35.78, Guardian Holdings put on 2 cents while trading 2,000 shares to end at $14.19, Massy Holdings traded 2,181 shares worth $138,341 and gained 1 cent to $63.43 and West Indian Tobacco gained 4 cents to end the day at $125.20.
Firm Trades|Stocks closing with prices unchanged at the end of trading are, Firstcaribbean International Bank trading 500 shares to end unchanged at $5.01, JMMB Group traded with 5,416 shares changing hands to end at 50 cents, One Caribbean Media contributed 100 shares at $22.30.TTSE 5-5-15 Republic Bank traded 200 shares to close at $115, Sagicor Financial traded 191 shares and closed at $5.90, Scotiabank with 391 shares changing hands ended unchanged at $62.50 while Scotia Investments added 1,894 shares at $1.45 and Trinidad Cement had only 1,175 units changing hands to close at $2.90.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than their last selling prices and 1 stock with the offer that was lower.

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Light trading as 4 stocks rose

May 4, 2015 by

Trading on the Trinidad Stock Exchange was with 13 securities changing hands of which 4 advanced, 1 declined and 8 traded firm with a total of 510,508 units, valued at $2,696,066.
TTSE 4-5-15At the close of the market, the Composite Index rose 0.72 points to close at 1,153.12, the All T&T Index gained 1.43 points to close at 1,968.24 and the Cross Listed Index remained at 44.32.
Gains| Stocks increasing in price at the close are, First Citizens Bank trading only 277 shares, to close with a gain of 1 cent at $35.77. Guardian Holdings with 26,723 shares trading for $378,664, ended with a gain of 2 cents at $14.17, Massy Holdings trading 121 shares to close with a gain of 5 cents at $63.42 and Trinidad Cement with 395,056 shares changing hands for a value of $1,145,163, gained 15 cents to end the day at $2.90.
Declines| Clico Investment Fund is the sole stock declining at the end of trading with 29,500 shares valued at $665,031 but declined by 1 cent to end at $22.54.
Firm Trades| Stocks closing with prices unchanged are, Agostini’s trading 500 shares traded at $17.25, Ansa Merchant Bank contributed 3,871 shares to close unchanged at $38.90, Grace Kennedy trading 1,100 units to close at $3.49. JMMB Group trading 12,000 shares to end at 50 cents, One Caribbean Media with just 10 shares changing hands, closed at $22.30, Prestige Holdings added 17,300 shares valued at $173,006 to close at $10, Republic Bank with 50 shares, closed at $115 and Sagicor Financial Corporation contributed 24,000 shares with a value of $141,600 and closed at $5.90.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than their last selling prices and 1 with a lower offer.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , ,

Moderate price changes on TTSE

May 1, 2015 by

Scotia continues to move higher

Scotia continues to move higher

Trading on the Trinidad Stock Exchange closed the week with 16 securities changing hands of which 5 advanced, 2 declined and 9 traded firm with a total of 657,192units, valued at $4,334,568.
At the close of the market, the Composite Index rose 1.06 points to close at 1,152.40, the All T&T Index rose 0.76 points to close at 1,966.81 and the Cross Listed Index increased by a 19 points to close at 44.32.
Gains| Stocks increasing in price at the close are, Firstcaribbean International Bank which gained just 1 cent in trading 2,000 units at $5.01. First Citizens Bank traded 3,876 shares closed with a gain of 5 cents, JMMB Group with 483,729 shares changing hands for a value of $241,835 and closed at 50 cents, after gaining 5 cents. Scotiabank gained 16 cents to end at $62.50 while trading 720 shares and West Indian Tobacco traded 432 shares to close with a gain of 2 cents to end at $125.16.
Declines| The stocks declining at the end of trading are, Agostini’s traded 796 units, lost 3 cents to end at $17.25 and ANSA Merchant Bank fell 5 cents to close at $38.90 while trading 200 shares.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund traded 43,160 shares valued at $973,258 and remained at $22.55. Grace Kennedy contributed 5,050 shares at $3.49, Guardian Media added 11,414 shares valued at $225,541 and closed at $19.76TTSE cht 1-5-15while National Flour Mills closed at $1.60 with 300 units traded. National Enterprises traded 119 shares to close at $17.30 followed by One Caribbean Media with 47,320 shares traded at $22.30 for a value of $1,055,236, Republic Bank traded 11,113 shares valued at $1,279,950 to end at $115. Sagicor Financial Corporation contributed 45,142 shares with a value of $266,337.80, while trading at $5.90 and Trinidad Cement with 1,821 shares traded at $2.75.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator shows 6 stocks with the bid higher than their last selling prices and just 1 with the offer that was lower.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , ,

2 new funds that did not trade

April 30, 2015 by

TTSEDailyTRading280x150 Fortress Caribbean Property Fund Scc – Development Fund and the Fortress Caribbean Property Fund Scc – Value Fund were listed on the Trinidad Stock Exchange on Thursday but they did not trade. Elsewhere the market closed with 12 securities changing hands of which 4 advanced, 2 declined and 6 traded with prices unchanged. A total of 290,627 units, valued at $6,013,857, traded.
At the close of the market, the Composite Index rose 0.21 points to close at 1,151.34, the All T&T Index rose by 0.49 points to close at 1,966.05 and the Cross Listed Index fell 0.01 points to end at 44.13.
Gains| Stocks increasing in price at the close are, First Citizens Bank trading just 300 shares, closed with a gain of 1 cent, at $35.71, Guardian Holdings ending with 160,331 shares changing hands for a value of $2,268,684 closed at $14.15. National Flour Mills with 6,360 shares trading, advanced 10 cents, to end at $1.60 and Trinidad Cement added 9,104 shares to close at $2.75 after gaining 3 cents.
TTSE 30-4-15 Declines| The stocks declining at the end of trading are, Angostura Holdings with a volume of 18,471 shares being traded for $256,747 fell 1 cent to close at $13.90 and Grace Kennedy with 428 shares to close down a cent at $3.59.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, ANSA Mcal contributing 162 shares as the price closed unchanged at $67.01, Clico Investment Fund trading 73,050 shares valued at $1,647,278 but the price remained at $22.55. Guardian Media closed with 6,743 units trading at $19.76, National Enterprises had 336 shares trading to end at $17.30, One Caribbean Media traded 1,300 shares at $22.30 and Republic Bank contributed 14,042 shares with a value of $1,614,829 at $115.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , ,

Republicbank falls big more coming

April 29, 2015 by

RBL ghp 2015 Republic Bank shares price declined sharply on Wednesday, continuing a negative trend since late 2014 as interest rates have moved up in Trinidad coupled flat results for the bank. The stock seems poised to fall some more as it closed with an offer at the last traded price with no bids in the market at the close.
The Trinidad Stock Exchange ended trading with 8 securities changing hands of which 4 advanced, 3 declined and 1 traded firm with a total of 38,678 units, valued at $1,222,490. At the close of the market, the Composite Index lost 1.43 points to close at 1,151.13, the All T&T Index rose fell by 2.85 points to close at 1,965.56 and the Cross Listed Index remained at 44.14.
Gains| Stocks increasing in price at the close are, First Citizens Bank trading 5,316 shares valued at $189,781, closed with a gain of 1 cent to $35.70, Guardian Holdings trading 25,000 shares valued at $353,750 to close with a gain of 10 cents at $14.15. Scotiabank had just 80 units trading, to close with a gain of 1 cent at $62.34 and Trinidad Cement added 1,000 shares for 6 cents more to close at $2.72.
TTSE 29-4-15 Declines| The stocks declining at the end of trading are, Clico Investment Fund with 1,587 shares trading, fell 1 cent to end at $$22.55. Republic Bank contributed 4,335 shares with a value of $498,525 while dropping 72 cents, to a new 52 weeks’ low of $115 and West Indian Tobacco suffered a loss of 86 cents, to close at $125.14, while 788 shares changed hands.
Firm Trades| ANSA McAL with 572 shares trading unchanged to ended at $67.01.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , ,

5 stocks gained on TTSE

April 28, 2015 by

TTSE+Logo Trading on the Trinidad Stock Exchange remains moderate but ended with 9 securities changing hands of which 5 advanced, none declined and 4 traded firm, with a total of 71,360 units, valued at $1,185,423.
At the close of the market, the Composite Index advanced by 0.59 points to 1,152.56, the All T&T Index rose 0.49 points to close at 1,968.41 and the Cross Listed Index increased by 0.09 points to close at 44.14.
Gains| Stocks increasing in price at the close are, Clico Investment Fund traded 7,480 shares valued at $168,674 with the price rising 1 cent to $22.56. First Citizens Bank traded just 33 shares to close at $35.69, up 1 cent. JMMB Group with 30,000 shares changing hands, closed 1 cent higher at 47 cents, Point Lisa traded 1,100 units to close 9 cents higher at $3.69, but the bid closed at $3.75 to buy 155,625 shares and Unilever had 140 units trading at $66.09 to gain 1 cent, for a new 52 weeks’ high.
TTSE 28-4-15 Declines| No stocks declined at the end of trading on Tuesday.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, National Enterprises contributing just 10 shares at $17.30 while Praetorian Property Mutual Fund traded just 2,000 shares at $3.10, Sagicor Financial Corporation traded 11,000 shares at $5.90 and Scotiabank traded 4,500 shares valued at $280,485 to close at $62.33.
National Commercial Bank did not traded but closed with a bid of $1.50, the same price as the last sale to buy 24,859 units at $1.50.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than their last selling prices and 4 stocks with offers that were lower.

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