Friday, August 2nd, 2013 | Angostura Holdings traded 4,125 units, gained 48 cents to end the day at $9.50 while Sagicor Financial Corporation traded 33,910 shares valued at $233,959 and gained 40 cents to close at $6.90. Overall there was trading in 11 securities of which 3 advanced, 1 declined and 7 traded firm. Trading took place in 1,684,120 units valued at $8.385 million.

Scotia Investments traded a volume of 21,545 shares for $40,258. Trinidad Cement contributed 9,513 shares valued at $14,365, closing at $1.51, the same as the last price on Wednesday and National Commercial Bank added 4,531 shares valued at $5,347. Prestige Holdings traded 3,917 shares at $9.35, National Flour traded 3,000 shares at 75 cents and national Enterprises chipped in with 2,507 at $16. Guardian Holdings had 1,000 units changing hands and slipped 1 cent to end the day at $15.97. Clico Investment Fund advanced by 13 cents to end at $21.50 with 146,043 shares valued at $3,139,742 trading.

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 than their last selling price, there were no offers that were lower.

There was no trading on Thursday, August 1^st, a public holiday in Trinidad & Tobago.

Wednesday, 31 July 2013 | In one of the more active days on the Trinidad Exchange 1,684,120 shares traded at a value of $8,385,411 as 10 securities traded of which 4 advanced, 3 declined and 3 traded firm.

Trinidad Cement, which closed with the price jumping to $1.51 at the close, was by far the most dominant trade with 1,073,792 shares changing hands for a value of $1,438,904. The stock price, which is up 59 percent since IC Insider placed a buy rated signal on it, still has much room to run as it is selling at a very low PE ratio of around 2.5.

Jamaica Money Market Brokers traded 355,100 shares for $152,693 as the stock shed 2 cents to close at $0.43. One Caribbean Media, another IC Insider buy rated stock, accounted for 120,500 shares with a value of $2,170,205, while Ansa Merchant Bank added 101,124 shares valued at $3,903,386. Sagicor Financial Corporation stock gained 26 cents to end the day at $6.50 as 20,000 shares changed hands. Clico Investment Fund was the only active security on the Mutual Fund Market, posting a volume of 5,725 shares valued at $122,343 and advanced by 1 cent to end at $21.37.

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 than their last selling price, none had offers that were lower.

Tuesday, 30th July 2013 | Activity picked up over the low level of Monday as trading took place in 10 securities of which 1 advanced, 6 declined and 3 traded firm. A volume of 456,515 shares crossed the floor of the Exchange valued at $9.59 million.

Jamaica Money Market Brokers traded 144,900 shares at a value of $65,205, Scotiabank Trinidad & Tobago had 115,770 shares traded for $8,106,215 as the stock closed back to $70.02 loosing 98 cents at the end of trading. Grace Kennedy contributed 93,471 shares with a value of $317,801 and lost 9 cents, the worse in the market and in the process closed at $3.40, while National Commercial Bank added 30,000 shares valued at $35,400. Clico Investment Fund, posted a volume of 40,580 shares valued at $866,789

IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer market sentiment indicator shows that bids for 4 stocks were higher than their last selling price, there were no stocks having offers that were lower.

Monday, 29th July 2013 | On a day when Republic Bank closed at a last selling price of $111, up 99 cents and a new 52 weeks high with 5,140 shares trading valued at $565,590, only 5 stocks were active of which 3 advanced, 1 declined and 1 traded firm.  A total of 148,257 shares traded for a value of $3.4 million on the Trinidad market.

Trading activity on the main market accounted for 49,669 shares crossing the floor valued at $1,315,148.13. LJ Williams B shares traded 25,000 units for a value of $18,250 as the stock shed 11 cents to close at 73 cents, a new 52 weeks low. Neal & Massy Holdings with a volume of 11,577 shares accounted for $682,801. Sagicor Financial Corporation contributed 7,952 shares with a value of $48,507. Clico Investment Fund gained 6 cents to end the day at $21.36 while 98,588 shares valued at $2,105,454 changed hands.

IC bid-offer Indicator | At the end of trading, the Investor’s Choice bid-offer market sentiment indicator shows that bids for 4 stocks were higher with 2 stocks having offers lower than their last selling price.

Friday, 26th July 2013 | Overall market activity resulted from trading in 10 securities of which 2 advanced, 5 declined and 3 traded firm.

Trading activity on the First Tier Market registered a volume of 109,697 shares crossing the floor valued at $1,314,622.32. Sagicor Financial Corporation was the volume leader with 63,270 shares changing hands for a value of $385,947, followed by National Flour Mills with a volume of 30,000 shares being traded for $22,495. Unilever Caribbean contributed 9,789 shares with a value of $538,776, while Scotiabank Trinidad added 3,920 shares valued at $274,439.20.

Unilever Caribbean enjoyed the day’s largest gain, increasing $0.71 to end the day at $55.04.

Clico Investment Fund was the only active security on the Mutual Fund Market, posting a volume of 47,705 shares valued at $1,016,167.50 suffered the day’s greatest loss declining by $0.20 to end at $21.30.

Thursday, 25th July 2013 | Trading picked up from yesterday’s low levels with 13 securities being active on a day when prices  advanced for 2 stocks, 6 stocks declined and 5 traded firm as a moderate 133,066 units traded for a value of $2.73 million.

Sagicor Financial Corporation traded 43,075 shares changed hands for a value of $263,603, Trinidad Cement stock price made another move in gaining 12 cents to end the day at $1.32 with a volume of 23,959 shares traded for $31,605. The stock closed the day without any stock being offered for sale. ANSA McAL accounted for 15,071 shares valued $999,154, while Prestige Holdings added 13,360 shares valued at $124,916. Clico Investment Fund, posted a volume of 13,000 shares valued at $279,500 and the stock price declined by 49 cents to end at $21.50.

IC bid-offer Indicator | At the end of trading, the Investor’s Choice bid-offer indicator shows that bids for 2 stocks were higher and 4 stocks had offers lower than their last selling price.

Wednesday, 24th July 2013 | Activity on the Trinidad Stock Exchange was painfully slow on Wednesday as just 5 securities traded, of which 3 advanced and 2 traded firm as 18,244 shares crossed the floor of the exchange valued at $1,403,089.05.

Scotiabank Trinidad & Tobago traded 600 shares as high as $71.42 during the day, a new 52 weeks high, but the last traded price was the same as Tuesday at $70.01. West Indian Tobacco Company had 11,004 shares changing hands for a value of $1,298,472 as the stock put on 44 cents to close at $118. Angostura Holdings’ 4,515 shares traded for $40,725. One Caribbean Media chipped in with 1,125 units with a value of $20,250 as the stock price gained 39 cents to close at $18, a new 52 weeks closing high. National Flour Mills added 1,000 shares valued at $790.

Trinidad Cement did not trade but there is a bid at $1.24 which is above Tuesday’s price of $1.21 for 309,751 units.

IC Bid offer indicator| At the end of trading there were 3 stocks with bids higher than the lasts selling price and just one with the offer price being lower than the last price.

Tuesday, 23 July 2013 | In Tuesday’s trading on the Trinidad & Tobago Stock Exchange, Trinidad Cement took the spotlight trading more than 94 percent of the shares that crossed the floor and more than a half of the value of trades, as 802,723 shares for a value of $963,268 changed hands. Since IC Insider recommended it as a buy in June, the stock is up 26 percent, closing at $1.20. At the end of trading the bid was above the last selling price at $1.21.  Unilever, one of our stocks to watch this week, had a bid at $56 compared with last selling price of $55.

There was trading in 14 securities of which 3 advanced, 5 declined and 6 traded firm. Clico Investment Fund enjoyed the day’s largest gain, increasing 17 cents to $21.99 as 5,600 of the fund’s shares valued at $123,144 traded. Readymix (West Indies) suffered the day’s greatest loss, falling 49 cents to close at $21.99 with just 5 shares trading as it reached a new 52 weeks low. Sagicor Financial Corporation had a volume of 35,457 shares traded for $220,739. Scotiabank Trinidad & Tobago contributed 2,102 units valued at $147,161, while ANSA McAL added 1,305 shares valued at $86,613.

Trading amounted to 850,676 shares valued at $1,686,190 as one stock reached 52 weeks low and one a 52 weeks high.

The number of stocks with bids that are higher than the last selling price is 2 with none having offers lower than the last sale price. At the end of Monday’s trading, 4 stocks had offers lower than the last selling price, 4 of these traded today wiping out the difference. The market has a large number of stocks without bids for some time, at the end of trading there were 10 such stocks. This is not a very bullish sign as the prices of many of these stocks will have to make a steep decline to encourage buying.