Trading on the Trinidad Stock Exchange ended with 11 securities changing hands, 2 advanced, 3 declined and 6 traded firm with a total of 195,810 units, valued at $1,518,628.
At the close of the market, the Composite Index declined by 0.12 points to close at 1,160.25, the All T&T Index fell 0.44 points to close at 1,970.94 and the Cross Listed Index increased by a mere 0.02 points to end at 45.86.
Gains| Stocks increasing in price at the close are, First Citizens Bank trading 7,313 shares with a value of $261,826, ended 1 cent higher at $35.81 and Grace Kennedy traded 139,792 shares changing hands for a value of $497,660 and gained 3 cents to close at $3.56.
Declines| Clico Investment Fund closed at $22.50 after slipping 5 cents with 3,680 shares trading, Guardian Holdings trade 4,000 units but lost 1 cent in closing at $14.19 and Trinidad Cement suffered a loss of 5 cents to close at $2.75 while trading 29,833 shares.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Agostini’s with 160 shares trading and closing at $17.25, Ansa Merchant Bank with 4,150 shares trading valued at $161,486, closed at $38.91, JMMB Group with 1,000 shares changing hands, closed unchanged at 55 cents. Massy Holdings ended at $64, while trading 5,771 shares valued at $369,344, National Enterprises traded 96 units to close at $17.30 and Republic Bank contributing just 15 shares remained 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 1 with the offer that is lower.
2 stocks gained 3 fell on TTSE
15 stocks trade 3 advance on TTSE
IC Insider Buy Rated NFM closed at a new 52 weeks high on Monday
At the close of the market, the Composite Index rose 0.75 points to close at 1,160.37, the All T&T Index rose by just 0.52 points to close at 1,971.3 and the Cross Listed Index increased by a mere 0.13 points to end at 45.84.
Gains| Stocks increasing in price at the close are, National Flour traded 9,352 shares to close with a gain of 3 cents to close at a 52 weeks’ high of $1.73. Point Lisas Port Development gained 8 cents to end at $3.77 with just 198 units changing hands, and West Indian Tobacco trading with 2,799 share with a value of $350,575 changing hands, added 3 cents to the price in closing at $125.25.
Witco was one of the stocks rising on Monday
$64, while trading 1,758 shares, National Commercial Bank added 10,587 shares to end at $1.65. National Enterprises traded 3,439 units to close at $17.30 followed by Republic Bank, contributing 11,120 shares with a value of $1,278,800, but remained at $115, while Sagicor Financial Corporation with 48,873 shares being traded for $293,235 ended at $6 and Unilever Caribbean with 495 shares trading, closed at $66.14.IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator showed 2 stocks with the bids higher than their last selling prices and 2 stocks with offers that were lower.
Scotiabank jumps to $63 on TTSE
Scotia traded up 49 cents to close at $63 on the TTSE Friday
At the close of the market, the Composite Index advanced by 4.83 points to close at 1,159.62, the All T&T Index added just 2.43 points to close at 1,970.86 and the Cross Listed Index increased by 0.97 points to end at 45.71
Gains| Stocks increasing in price at the close are, Massy Holdings had 5,411 shares changing hands, for a value of $345,492, to end 45 cents higher at $64, National Commercial Bank had 13,787 units changing hands, 15 cents higher at $1.65. Scotiabank contributed 38,143 shares, valued at $2,402,950 and jumped 49 cents to end at $63 and Unilever Caribbean traded 438 units and closed 3 cents up, at a new 52 week high.
Shares declining| Clico Investment Fund ended with 23,987 shares trading, valued at $541,037 but lost 5 cents to end at $22.55 and First Citizens Bank trading 604 shares to close at $35.80, after losing 5 cents.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Guardian Holdings ending with 3,154 shares at $14.20, JMMB Group ended with 1,904 shares trading at 55 cents, National Enterprises traded 1,561 units at $17.30. One Caribbean Media ended with 219 shares changing hands at $22.30, Prestige Holdings closed with 265,096 shares valued at $2,650,980 trading to end at $10. Republic Bank added 10,614 shares valued at $ to close at $115 and Trinidad Cement ended up with 10,000 units at $2.80.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 3 with a lower offer.
6 stocks eke out gains on TTSE
Trading on the Trinidad Stock Exchange ended with 11 securities changing hands, 6 advanced, none declined and 5 traded firm, with a total of 223,324 units, valued at $8,904,407.
At the close of the market, the Composite Index advanced by 0.34 points to close at 1,154.79, the All T&T Index fell by just 0.11 points to close at 1,968.43 and the Cross Listed Index increased by 0.11 points to end at 44.74.
Gains| Stocks increasing in price at the close are, Firstcaribbean International Bank ended trading with 937 shares but added 2 cents to close at $5.03, First Citizens Bank traded 2,165 shares to close 5 cents higher at $35.85, Grace Kennedy contributed 18,691 shares, to end with a gain of 3 cents at $3.5. Guardian Holdings with 37,409 shares traded for a value of $531,322, gained 5 cents to end the day at $14.25, Massy Holdings had 76,650 shares changing hands for a value of $4,871,107 to end 6 cents higher at $63.55 and Unilever traded 3,314 shares and gained 2 cents in closing at a new 52 weeks’ high of $66.11.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Angostura Holdings with 6,099 units at $13.90, Clico Investment Fund ended with 60,533 shares trading, valued at $1,368,305 but remained at $22.60. One Caribbean Media ended with just 60 shares changing hands at $22.30, Republic Bank added 14,539 shares valued at $1,671,985 to close at $115 and Trinidad Cement ended up with 2,927 units at $2.80.
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 1 with a lower offer.
4 stocks gains on TTSE Wednesday
Sagicor Financial gained 10 cents to end at $6
At the close of the market, the Composite Index advanced by 0.17 points to close at 1,154.45, the All T&T Index added just 0.14 points to close at 1,968.54 and the Cross Listed Index increased by 0.02 points to end at 44.63
Gains| Stocks increasing in price at the close are, ANSA McAL that gained 1 cent in closing at $67.02 with 290 shares changing hands, Clico Investment Fund ended with 60,533 shares trading, valued at $1,368,305 but gained 5 cents to end at $22.60. Massy Holdings had 76,650 shares changing hands for a value of $4,871,107 to end 7 cents higher, at $63.55 and Sagicor Financial Corporation ended with 24,892 shares carrying a value of $147,693 to end with a 10 cents gain, at $6.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, First Citizens Bank trading 4,349 shares to close at $35.80, One Caribbean Media ended with just 50 shares changing hands at $22.30, Prestige Holdings closed with 1,050 share trading to end at $10. Republic Bank added 14,539 shares valued at $1,671,985 to close at $115, Scotiabank contributed 3,919 shares, to end at $62.51, Scotia Investments ended with 2,000 shares trading at $1.50 and Trinidad Cement ended up with 13,000 units at $2.80.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 with a lower offer.
National Flour at new high
IC Insider Buy Rated National Flour closed at a 52 weeks high on Tuesday of $1.70.
At the close of the market, the Composite Index rose by 0.14 points to close at 1,154.28, the All T&T Index gained 0.28 points to close at 1,968.40 and the Cross Listed Index remained at 44.61.
Gains| Stocks increasing in price at the close are, First Citizens Bank trading 5,904 shares valued at $211,341 to close with a gain of 2 cents, at $35.80. National Flour Mills contributed 6,304 shares and closed with a gain of 6 cents at a new 52 weeks’ high of $1.70. The stock which has the IC Insider Buy Rated status reported a big jump in profit for the March quarter of $9 million compared with just $1.9 million in 2014. Scotiabank with a volume of 20,000 shares being traded for $1,250,200 closed at $62.51, to gain 1 cent and West Indian Tobacco closed with a gain of 2 cents at $125.22 with 2,950 units trading valued at $370,651.
Stocks declining| ANSA McAL traded 719 units, to end 1 cents down at $67.01.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Ansa Merchant Bank had 1,010 shares trading at the close at $38.91, Clico Investment Fund with 214,995 shares valued at $4,848,206 closed at $2.55, JMMB Group traded 142,721 shares at 55 cents, Massy Holdings trading 5,346 shares valued at
$339,144 and closed at $63.43. Republic Bank traded 1,413 shares with a value of $162,495 and closed at $115. Prestige holdings closed trading with 500 units at $10, Praetorian Property Mutual Fund 1,000 units at $3.10, Sagicor Financial Corporation traded 868 shares to close unchanged at $5.90 and Trinidad Cement traded 5,000 units to close at $2.80.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 1with a lower offer.
More stocks declined than rise – TTSE
Guardian Holdings traded 272,059 shares on Monday
At the close of the market, the Composite Index lost 0.54 points to close at 1,154.14, the All T&T Indexfell 1.01 points to close at 1,968.12 and the Cross Listed Index fell 0.01 points to end at 44.61.
Gains| Ansa Merchant Bank recorded the sole price increase, climbing 1 cent to end at $38.91.
Declines| Stocks declining at the end of trading are, Guardian Holdings with 272,059 shares changing hands, for a value of $3,876,466, lost 5 cents to end at $14.25, followed by Sagicor Financial Corporation contributing 26,090 shares, with a value of $153,943.81, while closing a cent down, at $5.90 and Trinidad Cement with 69,057 shares being traded for $193,383, to close at $2.80 after declining by 10 cents.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Angostura Holdings adding 10,000 shares valued at $139,000 to close at $13.90, Clico Investment Fund ending with 12,424 shares valued
at $280,161 changing hands to end at $22.55. First Citizens Bank trading 2,305 shares to close at $35.78. JMMB Group traded 5,360 shares to end at 55 cents, Prestige Holdings traded just 500 shares at $10 and Scotia Investments contributed 980 shares as the price closed unchanged at $1.50.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 offer that was lower.
TTSE closes mostly positively
National flour closed at a 52 weeks high on Friday
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.
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.
Six up 1 down on TTSE
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.
At 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.
Trinidad Stock Exchange pockets $2.74M
The 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.