Trading on the Trinidad Stock Exchange ended with Scotiabank back at $60 on Friday having been recovering from 2014 low of $57.98 The market closed with 15 securities changing hands of which 10 advanced, only 2 declined and 3 traded firm with a total of 665,948 units, valued at $14,698,687. At the end of trading there were 3 new 52 weeks’ high and one low.
At the close of the market, the Composite Index lost 3.01 points to close at 1,141.65, the All T&T Index rose 2.24 points to close at 1,973.67 and the Cross Listed Index fell 1.11 points to end at 40.52.
Gains| Stocks increasing in price at the close are, Angostura Holdings in trading 4,500 shares, 4 cents higher at $12.82. Ansa Merchant Bank with 2,000 shares traded, closed with 2 cents gain at $39.44, for a 52 weeks’ high, ANSA Mcal had 1,565 shares traded, and closed 2 cents higher at $66.39, First Citizens Bank traded 1,875 shares to close at $36.87 by gaining 1 cent. Guardian Media with 30,200 shares valued at $597,054 to end at $19.78. National Enterprises contributed 18,009 shares with a value of $313,717 as the price closed at $17.50, for a gain of 8 cents, BUY RATED National Flour Mills contributed 100,000 shares with a value of $115,000 while gaining 5 cents, to end at $1.15. Prestige Holdings traded 1,000 shares to close 1 cent higher at $9.57, for a 52 weeks’ high. IC Insider BUY RATED Scotiabank, gained 55 cents, to end the day at $60, while trading 4,500 shares valued $270,000 and BUY RATED West Indian Tobacco added 31,242 shares valued at $3,789,342 to end at $121.29 up by 3 cents a new 52 weeks’ high.
Declines| The stocks declining at the end of trading are, Firstcaribbean International Bank with 3,100 shares suffered a loss, of 25 cents to close at $4.75 a new 52 weeks’ low and Trinidad Cement lost 5 cents to end at $2.55 with 114,825 shares traded for $292,719.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund with 71,628 shares valued at $1,648,160, remained at $23.01, Massy Holdings traded 6,333 shares valued at $466,284 to close at $68.24, and One Caribbean Media had 275,171 shares changing hands for a value of $6,906,687 and ended at $25.10.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than their last selling prices and only 1 stock with a lower offer.
10 stocks rose, Scotia back at $60
$7.37M traded on TTSE
Trading on the Trinidad Stock Exchange ended with 11 securities changing hands of which 3 advanced, 2 declined and 6 traded firm with a total of 270,670 units, valued at $7,370,222.
At the close of the market, the Composite Index lost 0.14 points to close at 1,144.66, the All T&T Index fell by 0.28 points to close at 1,971.43 and the Cross Listed Index remained at 41.63.
Gains| Stocks increasing in price at the close are, Clico Investment Fund traded 895 shares and advanced by 1 cent to end at $23.01, while First Citizens Bank added 1,944 shares valued at $71,655 to close at $36.86 up by 2 cents and Scotiabank gained 5 cents while trading 110 share to close at $59.45
Declines| The stocks declining at the end of trading are, National Enterprises contributed 5,740 shares with a value of $99,991 but closed down a cent at $17.42, a new 52 weeks’ low, followed by Republic Bank with a volume of 53,680 shares traded valued at $6,430,864 and lost 14 cents to end at $119.80.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, ANSA Mcal ended at $66.37 with 300 shares changing hands, Massy Holdings closed at $68.24 with 232 shares traded, National Commercial Bank with 1,000 shares closed at $1.11. National Flour Mills with 155,277 shares changing hands for a value of $170,805 ended at $1.10, Sagicor Financial Corporation 6.5% preference shares traded 50,000 units at US$1.10 and West Indian Tobacco traded 1,492 units to close at $121.26.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.
20% hike in Trinidad Stock Exchange fees
Caribbean stock exchanges have not been friendly to investors. Earlier this year the Jamaica Stock Exchange hiked fees charged for trading. Effective August this year, the Trinidad and Tobago Stock Exchange Limited hiked the fees charged for trading stocks by 20 percent.
These increases have taken place against the background where the exchanges are struggling to interest investors to put their money into stocks. The increase in charges for trading on the Trinidad Exchange became effective August 4th 2014 for equity and mutual fund trades.
TTSE transaction charge was previously, 0.10 percent of the value of the trade, on the buy and sell sides, but it was bumped up by 20 percent, to 0.12 percent of the value of the trade on the buy and sell sides. The TTCD transactions previously charged at 0.05 percent of the value of the trade on the buy and sell sides is pushed up 20 percent to 0.06 percent of the value of the trades on both sides.
Scotiabank heading higher on TTSE
At the end of trading on the Trinidad Stock Exchange, Scotiabank traded over 40,000 shares but left unsatisfied orders to buy 129,576 units at $59.45, with no stock on offer, a sure sign of higher prices down the road. The overall market shows signs of rising prices ahead, for a number of the listings on the market.
At the market closed with 13 securities changing hands of which 2 advanced, 3 declined and 8 traded firm, for a total of 1,431,779 units, valued at $5,790,544.
At the close of the market, the Composite Index rose 0.02 points to close at 1,144.80, the All T&T Index inched up by just 0.06 points to close at 1,971.71 and the Cross Listed Index remained at 41.63.
Gains| Stocks increasing in price at the close are, Massy Holdings in trading 1,915 shares, closed at $68.24, down a cent. Sagicor Financial Corporation contributed 56,133 shares with a value of $336,798 to gain 5 cents and end at $6 and Scotiabank traded 40,908 shares, valued at $2,431,162 to close with a gain of 1 cent at $59.43, the stock closed with a higher bid than the last selling price.
Declines| The stocks declining at the end of trading are, Jamaica Money Market Brokers with 470,000 shares traded for $206,800, lost 1 cent to end at 44 cents and National Flour Mills fell 2 cents to close at $1.10 with 2,129 units changing hands.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund with 18,685 units valued at $429,790 changing hands but remained at $23, First Citizens Bank traded 1,700 shares at $36.81. Guardian Holdings added 54,540 shares valued at $722,655 to end at $13.25, National Commercial Bank closed with 715,652 shares changing hands for a value of $794,373 at $1.11. National Enterprises with 2,291 shares trading closed at $17.43, Sagicor Financial Corporation 6.5% preference share had trading in 50,000 shares with a value of US$55,000 at $6 each and West Indian Tobacco traded 1,826 shares valued at $221,421 to close at $121.26.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 7 stocks with the bid higher than their last selling prices and 1 stock with the a lower offer.
Back to earth 2 up on TTSE
Trading on the Trinidad Stock Exchange closed on Tuesday with 10 securities changing hands of which 2 advanced, 1 declined and 7 traded firm, with a total of 358,305 units, valued at $2,367,735 be active.
At the close of the market, the Composite Index lost 0.02 points to close at 1,144.78, the All T&T Index rose by just 0.04 points to close at 1,971.65 and the Cross Listed Index is unchanged at 41.63.
Gains| Stocks increasing in price at the close are, Ansa McAl traded 2,000 shares and gained 1 cent at $66.37 and First Citizens Bank traded 11,335 shares valued at $417,241 to close 1 cent higher at $36.81 up by 6 cents.
Declines| The only stock declining at the end of trading is National Enterprises that traded 1,000 shares and declined by 1 cent to close at $17.43.
Firm Trades| Stocks closing with prices unchanged, at the end of trading are, Angostura Holdings in trading 2,000 shares and closed at $12.78, Clico Investment Fund with 24,392 shares valued at $561,059, ended at $23. Massy Holdings had just 14 shares trading at $66.25, while National Commercial Bank traded 250,000 units, with a value of $277,500, to close at $1.11. Republic Bank with 20 shares, traded at $119.94, Scotiabank contributed 7,995 shares with a value of $74,916, the price closed at $59.40, Trinidad Cement with 58,823 shares valued at $152,940, closed at $2.60 and West Indian Tobacco traded 110 units at $121.26.
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 3 stock with the offer that was lower.
Stocks mostly up on TTSE
TCL climbed back to $2.60 at the close on Monday.
At the close of the market, the Composite Index gained 1.90 points to close at 1,144.80, the All T&T Index rose by just 0.69 points to close at 1,971.69 and the Cross Listed Index increased by 0.41 points to end at 41.63.
Gains| Stocks increasing in price at the close are, Angostura Holdings in trading 1,000 shares, closed with a gain of 1 cent at $12.78, First Citizens Bank traded 3,324 shares to close 3 cents higher at $36.80, National Commercial Bank traded 300,170 units with a value of $334,667 to close at $1.11, up by 6 cents. Praetorian Property Mutual Fund traded 6,575 units to close at $3.50 after gaining 10 cents, Scotiabank contributed only 43 shares as the price closed up 7 cents to $59.40 and Trinidad Cement with 182,745 shares valued at $475,137 closed at $2.60 after gaining 9 cents.
Declines| The stocks declining at the end of trading are, Ansa Merchant Bank with 32 shares, declined by 1 cent to close at $38.42, Clico Investment Fund with shares 49,397 shares valued at $1,136,169 lost 1 cent to end at $23 and Republic Bank with 400 shares traded at $119.94 and lost 2 cents.Firm Trades| Stocks closing with prices unchanged at the end of trading are, Flavorite Foods with 35 shares changing hands to end at $4.80, followed by Guardian Holdings with 17,666 shares valued at $234,075 to end at $13.25. Sagicor Financial Corporation traded 20,367 shares valued at $121,184 to close at $5.95, Scotia Investments contributed 11,368 shares at $1.45 and West Indian Tobacco traded 110 units to close at $121.26.
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 1 stock with the offer that was lower.
No stock fell on TTSE but 4 rose
Trading on the Trinidad Stock Exchange ended the week with 11 securities changing hands of which 4 advanced, none declined and 7 traded firm with a total of 30,771 units, valued at $556,267.
At the close of the market, the Composite Index rose 0.47 points to close at 1,142.90, the All T&T Index rose 0.42 points to close at 1,971.00 and the Cross Listed Index increased by 0.07 points to end at 41.22.
Gains| Stocks increasing in price at the close are, Clico Investment Fund with of 4,159 shares valued at $95,699 advanced by 1 cents to end at $23.01, a new 52 weeks’ high. Guardian Media contributed 4,257 shares with a value of $84,161 to end at $19.77, up by 2 cents, for a 52 weeks’ high, while National Commercial Bank added 2,500 shares and closed at $1.05 up 1 cent and Scotiabank gained 11 cents to end the day at $59.33 with 200 shares traded.
Declines| There were no declining stocks at the close of trading.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Firstcaribbean International Bank with 1,500 shares ended trading at $5, First Citizens Bank ended trading with 7,864 shares changing hands, for a value of $289,159 at $36.77, Grace Kennedy traded 1,513 shares to close at $3.75. Guardian Holdings traded 1,268 units at $13.25, Massy Holdings traded 10 shares at $68.25, Sagicor Financial Corporation with a volume of 7,000 shares traded closed at $5.95 and L.J. Williams B shares traded 500 units at 90 cents.
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.
5 stocks rose 3 fell on TTSE
Trading on the Trinidad Stock Exchange on Thursday, closed with14 securities changing hands of which 5 advanced, 3 declined and 6 traded firm. Overall activity ended with total of 203,577 units, valued at $1,286,479 traded.
At the close, the Composite Index slipped 0.16 points to close at 1,142.43, the All T&T Index rose by 0.21 points to close at 1,970.58 and the Cross Listed Index fell 0.07 to end at 41.15.
Gains Stocks closing with gains at the last traded prices are, Angostura Holdings ended trading 4,025 shares, the price gained 1 cent to $12.77, ANSA McAL traded 1,941 shares to end at a cent higher, at $66.36. Ansa Merchant Bank gained 1 cent, to close at $$39.43 while trading 180 shares, National Flour Mills with 69,833 shares changing hands and closed with a 1 cent gain at $1.12 and Trinidad Cement ended at $2.51 after it traded at $2.54 to gain 17 cents at the close while trading 14,125 units.
Declining stocks Stocks closing with a loss at the last traded prices are, National Commercial Bank lost a cent to end at $1.04 while 50,000 shares were traded, National Enterprises in trading 472 shares closed with a 6 cents loss at $17.44 and Point Lisas Port Development with 225 shares while losing 25 cents to end at $3.75.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund traded 27,825 shares valued at $ $640,029, the price remained at $23. First Citizens Bank trading 1,105 shares to close at $36.77, Guardian Holdings with 845 shares changing hands and ended at $13.25 followed by Massy Holdings added 554 shares and ended at $68.25, Prestige Holdings contributed 275 shares to close at $9.56 and Sagicor Financial Corporation traded 32,172 shares value of $191,423 to end unchanged at $5.95
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bids higher than their last selling prices and 2 stocks with offers that were lower.
2 new highs on TTSE
Scotiabank profit rose for 2015, helping to push demand for the stock which rose in Wednesdays trading.
Scotiabank which closed with a bid of $59.31, reported an 11 percent increase in their October quarter profit after tax, and a slight increase in the full year results. These results are helping to stimulate the price of the stock forward.
In overall trading on Wednesday, the Trinidad Stock Exchange closed with 9 securities changing hands of which 3 advanced, none declined and 6 traded firm, with a total of 297,972 units, valued at $6,289,262 be actively traded. At the close, the Composite Index rose 0.05 points to close at 1,142.59, the All T&T Index rose by 0.09 points to close at 1,970.37 and the Cross Listed Index remained at 41.22.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, First Citizens Bank trading 1,500 shares to close at $36.77, Guardian Holdings with 45,969 shares changing hands for a value of $609,134 and ended at $13.25 followed by Grace Kennedy with 16,120 shares at $3.75. Massy Holdings added 5,807 shares valued at $396,328 and ended at $68.25, Prestige Holdings contributed 6,880 shares to close at $9.56 and Trinidad Cement traded 1,000 shares at $2.35.
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.
2 new 52 weeks’ highs & 2 lows on TTSE
Trading on the Trinidad Stock Exchange closed on Tuesday with 2 new 52 weeks, highs and 2 new lows as 15 securities changed hands of which 6 advanced, 5 declined and 4 traded firm, with a total of 145,030 units, valued at $2,055,749 being active.
At the close of the market, the Composite Index rose 0.25 points to close at 1,142.54, the All T&T Index rose 0.69 points to close at 1,970.28 and the Cross Listed Index fell by 0.02 points to end at 41.22.
Gains| Stocks increasing in price at the close are, ANSA Mcal with 1,330 units, gained 6 cents to end a $66.36, Clico Investment Fund traded 400 share, advanced by 3 cents to end at $22.75, a new 52 weeks’ high. Guardian Media $50.00 6% Cumulative Preference closed at $65.01 while 20 shares were traded to gain 1 cent, for a new 52 weeks high. National Enterprises gained 3 cents while trading 7,317 units to end at $17.50, Scotiabank had 868 units trading and increased 19 cents to end the day at $59.20 and Trinidad Cement increasing 4 cents to $2.34 while trading 5,520 shares.
Declines| The stocks declining at the end of trading are, Guardian Holdings with 48,950 shares changing hands, for a value of $648,588, fell 24 cents, to close at $13.25, Flavorite Foods traded 1,000 shares at $4.80, down 10 cents, for a new 52 weeks’ low. Grace Kennedy contributed 12,500 shares and lost 9 cents, to close at $3.75, National Commercial Bank with a volume of 48,400 shares and lost 2 cent to end at $1.05, after trading 10 shares and Sagicor Financial Corporation lost 2 cents to end at $5.95, in trading 1,728, for a new 52 weeks’ low.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, First Citizens Bank traded 3,587 at $36.77, while Massy Holdings added 12,400 shares valued at $846,300 to close at $68.25, One Caribbean Media ended with 1,000 units changing hands at $25.10, Prestige Holdings closed at $9.56.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator showed 6 stocks with the bid higher than their last selling prices and 1 stock with the offer that was lower.
