Wednesday, 3rd July 2013 | Scotia Investments traded 131,806 shares for $238,216 on the Trinidad Stock Exchange today, as the stock traded up 3 cents to close at $1.81 or Jamaican value of $28.60 compared to the stock price of $26.25 on the Jamaica Stock Exchange creating an arbitrage situation.

Elsewhere, trading picked up as 17 stocks traded, the most for some time. The end result is that 5 stocks advanced, 2 declined and 10 traded firm.

On the Mutual Fund Market, 1,097 shares changed hands for a value of $5,837. Praetorian Property Mutual Fund was the most active security, with a volume of 990 shares valued at $3,376.

Trading in the main market accounted for 587,979 units valued at $1,725,269 as Trinidad Cement had a volume of 258,135 shares changing hands for a value of $245,228. Sagicor Financial Corporation 93,949 shares with a value of $588,119, National Enterprises had 11,500 shares traded for a value of $182,980. Angostura Holdings chipped in with 4,070 shares with a value of $36,630.

National Commercial Bank Jamaica added 58,152 shares valued at $69,914.

One Caribbean Media Limited closed at a 52 weeks high of $17.40, increasing by 10 cents.

IC indicator | At the end of trading, the Investor’s Choice bid-offer sentiment indicator shows that bids for 3 stocks were higher with 3 stocks that had offers lower than their last selling price.

West Indian Tobacco Company, which has been on a run from April, is one of the stocks that had a bid above the last selling price.

Tuesday, 2nd July 2013 | The West Indian Tobacco Company stock that reached a new all-time high yesterday after making several other highs in recent past months, lost the $3 it gained in yesterday’s trading with only 210 units sold.

Market activity resulted in 13 securities trading of which 2 advanced, 2 declined and 9 traded firm with trading in the main market accounting for 210,003 units valued at only $286,299. JMMB dominated the trading volume with 121,356 shares for a value of $60,678. The share price of JMMB is relatively small compared to most of the listed companies shares, hence the value traded was far less than Monday’s $1,004,310 while Clico Investment Fund, traded just213 shares valued at $4,899 in the mutual fund segment. Trinidad Cement had a volume of 76,059 shares changing hands for a value of $72,256. Sagicor Financial Corporation 5,825 shares with a value of $36,686, National Enterprises had 11,500 shares traded for a value of $182,980. Angostura Holdings chipped in with 4,070 shares with a value of $36,630.

IC indicator | At the end of trading, the Investor’s Choice bid-offer sentiment indicator shows that bids for 4 stocks were higher with 3 stocks that had offers lower than their last selling price.

Monday, 1st July 2013 | The West Indian Tobacco Company marked a new all-time high, increasing by $3 to end the day at $120 as it traded 1,861 units between $117 and $120 the last traded price. Scotiabank declined by $0.21 to close at $69.75 while trading 3,600 shares valued at $251,100.

Overall market activity resulted in 10 securities trading of which 2 advanced, 4 declined and 4 traded firm.

Trading in the main Market took place in 193,120 units valued at $1,004,310 and Clico Investment Fund traded 165,350 shares valued at $3,802,530 in the mutual fund segment. Trinidad Cement had a volume of 169,589 shares changing hands for a value of $161,110, followed by National Enterprises with a volume of 11,500 shares being traded for $182,980. Guardian Holdings contributed 4,750 shares to the level of trading with a value of $76,000.

IC indicator | At the end of trading, the Investor’s Choice bid-offer sentiment indicator shows that bids for 2 stocks were higher with 3 stocks that had offers lower than their last selling price.

Friday, 28th June 2013 | The West Indian Tobacco Company recording a new record trading at 52 weeks high when it closed up by $1 at $117, as 3 stocks enjoyed positive changes in price with only 5 stocks trading with a volume of 217,976 shares valued at $8,117,281.

Neal & Massy Holdings had 94,995 shares changing hands for a value of $5,604,705. Republic Bank traded 10,663 shares at a value of $1,173,112. Angostura Holdings traded 92,274 shares for a value of $830,466. National Flour Mills contributed 15,800 shares to the total amount that traded, with a value of $12,450.

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 with 4 stocks that had offers lower than their last selling price.

Thursday, 27th June 2013 | Only one stock recorded a price change from the last traded price in today’s trading on the Trinidad Stock Exchange the stock price fell moderately. Trading took place in 10 stocks on Thursday as the main market saw a volume of 419,688 shares trading valued at $1,837,719. Buying was much more tempered in the mutual fund market as Clico Investments, the sole trader, amassed a mere 242 shares at a value of $5,566.

Angostura Holdings recorded 148,598 shares changing hands for a value of $1,337,382, Sagicor Financial Corporation had 23,467 shares trading valued at $147,138, Trinidad Cement contributed 161,487 shares at a value of $153,413. National Flour Mills contributed 76,673 shares to the total amount that traded with a value of $57,515.

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 with 4 stocks that had offers lower than their last selling price.

Wednesday, 26th 2013 | Ten stocks traded on the exchange on Wednesday with only one stock recording a price movement as Clico Investment Fund dominated trading with 1,341,576 shares valued at $30,856,248. One stock fell in price on the day as the conglomerate ANSA McAL declined by 2 cents to end the day at $67.20 while trading a mere 486 shares. The main market registered a volume of 189,797 shares valued at $378,214.

Jamaica Money Market Brokers had 107,880 shares changing hands for a value of $53,940. Trinidad Cement saw a volume of 61,153 shares trading for $58,006. Angostura Holdings contributed 10,000 shares with a value of $90,000 and Sagicor Financial Corporation accounted for 8,510 shares valued at $53,358.

IC bid-offer Indicator | At the end of trading, the IC bid-offer sentiment indicator shows that bids for 3 stocks were higher, with 3 stocks that had an offer that was lower than their last selling price.

At the close it appears that Witco with a PE of 26 and Unilever with a PE of 21 are poised for more gains ahead. So too is Scotia Investments, which had a bid of 117,000 shares at $1.78 on Tuesday saw the bid moving to $1.80 for 1,200 shares, the offer is for 21,878 share at $1.85. Others are showing signs of possible price gains are National Enterprises with a PE of 16, One Caribbean Media with a PE of 12.5, National Flour mills with a PE of 6.

Tuesday, 25th June 2013 | The West Indian Tobacco Company saw trading in 25,385 shares with a value of $2,940,376 as the stock raced to $116, an all-time high and gained $2 on a day when 167,869 shares traded in the main market valued at $7,325,249 and 5,504 mutual fund shares valued at $126,592 traded.

Trading took place in 11 securities of which 3 advanced, 1 declined and 7 traded firm. Another stock that reached a 52 weeks high was Unilver Caribbean which traded 705 shares and gained 93 cents on the day to close at $53.25.

The major trading of stocks took place for Neal & Massy Holdings, 57,303 shares for a value of $3,380,877, Angostura Holdings, 55,000 shares valued at $495,000 and Guardian Holdings, 13,848 shares valued at $221,568.

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

At the close, it would appear that both Witco and Unilver are poised for more gains ahead. Scotia Investment with a bid of 117,000 shares at $1.78, the last selling price, should move up in price as there is no stock on offer at the close today nor on Monday.

Monday, 24th June 2013 | Trading activity on the Trinidad Stock Exchange picked up a bit today with 9 stocks trading of which 3 increased in price, 2 declined and 4 held firm. Scotia Bank recording a new 52 weeks high when it closed up 29 cents to $70.01 having traded 80,052 shares with a value of $5,604,440. Jamaica Money Market Brokers traded 340,700 shares changing hands for a value of $174,320 at a price of 50 cents. Sagicor Financial Corporation, 180,115 shares valued at $1,129,553, Trinidad Cement contributed 40,500 shares at a value of $38,475.  Clico Investments with 402,842 shares at a value of $9,263,266.

The main market saw a volume of 649,936 shares trading valued at $844,178 in addition to 402,842 shares valued at $9,263,266 in the mutual fund market.

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 with 3 stocks that had offers lower than their last selling price.

Bourse Brazil Latin Fund (BBLF) listed 1,112,384 units on the Stock Exchange effective Tuesday, 11th June 2013 at a price of US$10.00. There was no trading for this fund in today’s trading.