TTSE: Declining stocks plentiful

 Thursday, 13th March 2014 | Unilever Caribbean traded 1,199 shares to close at 90 cents higher at $58.05 and One Caribbean Media with 500 units with the price moving up by 6 cents to $19.61 were the only stocks to rise at the end of trading on a day when 19 securities traded of which 2 advanced, 5 declined and 12 traded firm. The closing prices were new 52 weeks highs for both stocks on the Trinidad & Tobago Stock Exchange.

Trading activity resulted in 367,999 shares changing hands valued at $27,419,487 and the Composite Index declining by 1.08 points to close at 1,194.45, the All T&T Index easing back by 1.10 points to 2,009.23 and the Cross Listed Index inched down 0.14 points to end at 49.85.

Declines | Stocks declining are First Citizens Bank losing 65 cents to close at $37 while trading 1,400 units; Grace Kennedy with 31,800 shares with a value of $117,242 closing a cent down at $3.69; Guardian Holdings 719 units at $14.47, off by a cent; National Commercial Bank 2,006 shares at $1.17, with a one cent fall and Sagicor Financial Corporation 1,000 shares at $7.42 down by 2 cents.

TTSEMar13Firm Trades | Stocks with prices unchanged are Angostura Holdings with 11,134 shares while closing at $11; Berger Paints 200 units at $3.60; Clico Investment Fund 7,804 shares valued at $168,831 as the price closed at $21.65; Jamaica Money Market Brokers 4,048 units to close at 45 cents; National Enterprises 160 units at $18.25; Neal & Massy with a volume of 99,301 shares being traded for $6,585,643 as the price closed $66.32; Trinidad Cement added 24,000 shares valued at $54,000 to close at $2.25; Republic Bank with 11,804 shares and closed at $120; Scotiabank 2,096 units to close at $72.50; Point Lisas Industrial Port Development 750 units closing at $3.60; West Indian Tobacco with 158,741 shares changing hands for a value of $18,731,438 as the price closed at $118.

IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator shows no stock with a bid higher than the last selling price and 3 stocks with offers that were lower.

TTSE: Republic jumps $2.48 to $120

Wednesday, 12th March 2014 | Buy rated Republic Bank traded 350 units as the price jumped $2.48 to end the day at $120.00 as trading on the Trinidad & Tobago Stock Exchange took place in 16 securities of which 5 advanced, 5 declined and 6 traded firm.

The indices movement was mixed with the Composite Index ended up by 4.00 points at 1,195.53, the All T&T Index gained 8.72 points to close at 2,010.33 and the Cross Listed Index declined by 0.10 points to close at 49.99. Trading took place resulting in 478,049 shares changing hands valued at $13,306,956.

National Flour Mills, Neal & Massy and republic closed at new 52 weeks high at the end of trading.

Gains | In addition to the gain by Republic Bank, National Flour Mills traded 50,000 units at $1.15, a new 52 weeks high, as the price moved up 4 cents; Neal & Massy 1,733 units at $66.32, up 2 cents; Prestige Holdings with 87,500 shares valued for $813,092 closing at $9.30 for a gain of a cent; Trinidad Cement 16,851 units at $2.26 for a 1 cent rise.

TTSEMar12Firm Trades | Angostura Holdings traded 29,830 shares at $11; Grace Kennedy 1,300 units at $3.70; National Commercial Bank 10,100 units at $1.18; National Enterprises 2,160 shares at $18.25; Scotiabank contributed 66,341 shares with a value of $4,809,723 while closing at $72.50; West Indian Tobacco added 52,351 shares valued at $6,177,419 at $118.

Declines | Clico Investment Fund traded 21,370 shares valued at $462,702 but the price declined by a cent to end at $21.65; First Citizens lost 5 cents to close at $37.65 with 193 shares; Guardian Holdings 9,680 traded shares at $14.48, and the price was off by a cent; Jamaica Money Market Brokers had 99,490 shares changing hands for a value of $45,340 with the price falling 3 cents to close at 45 cents and Sagicor Financial Corporation lost a cent to close at $7.44 while trading 28,800 shares.

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

TTSE: 9 stocks gained

Tuesday, 11th March 2014 | The prices of 9 stocks rose in today’s trading on the Trinidad & Tobago Stock Exchange as 17 securities traded with 1 declining and 7 trading firm leading to the Composite Index advancing by 3.23 points to close at 1,191.53, the All T&T Index moving up by 5.72 points to 2,001.61 and the Cross Listed Index inching up by 0.10 points to close at 50.09. Two stocks closed at 52 weeks high. Trading amassed a volume of 749,891 shares valued at $5,355,311.

Gains | Clico Investment Fund that traded 85,750 shares valued at $1,857,183 as the price advanced by 12 cents to end at $21.66; First Citizens Bank with 34,071 shares valued at $1,283,802 with the price closing up a cent at $37.70; Grace Kennedy 1,048 shares closing at $3.70 for a 5 cents gain; National Commercial Bank with 500,000 shares changing hands for a value of $590,000, the price closed at $1.18 for a gain of 2 cents; National Flour Mills 4,400 $1.11 up a cent, to close at a new 52 weeks high; LJ B Williams 2,000 units at 79 cents for a 10 cents gain; Neal & Massy 1,500 shares, closing at a new 52 weeks high of $66.30, up 5 cents; Trinidad Cement with a volume of 89,223 shares traded for $196,641, the stock closed at $2.25 for a 9 cents gain and Scotiabank gained $2.40 to end the day at $72.50 in trading 285 units.

Declines | Firstcaribbean International Bank encountered a loss of 2 cents to close at $6.48.

TTSEMar11Firm trades | ANSA Mcal added 15,997 shares valued at $1,063,801 in closing at $66.50; Scotia Investments with 6,143 units closed at $1.53; Praetorian Property Mutual Fund 4,000 units closed at $3.41; National Enterprises 2,404 units ended the day at $18.25; West Indian Tobacco 1,318 shares at $118; Jamaica Money Market Brokers 1,100 shares at 48 cents and Agostini’s 552 units for $17.79.

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

TTSE: Moderate trading continues

Monday, 10th March 2014 | Trading on the Trinidad & Tobago Stock Exchange was moderate and resulted in 57,426 shares changing hands valued at $1,412,302 as 9 securities traded with 3 advancing, 3 declining and 3 trading firm and resulted in the Composite Index falling 1.70 points to close at 1,188.30, the All T&T Index declining by 2.71 points to 1,995.89 and the Cross Listed Index easing by 0.10 points to close at 49.99.

Gains | Angostura Holdings with 2,188 shares valued at $24,068 and gained 21 cents to end at $11; Clico Investment Fund traded 5,180 shares valued at $111,577, advancing by 4 cents to end at $21.54; National Flour Mills with 31,780 shares changing hands for a value of $34,958 as the price closed up by 3 cents to $1.10.

TTSEMar10Firm Trades | Stocks trading with no price movements are Neal & Massy with 1,757 shares at $66.25; Republic Bank 8,987 shares at $117.52 for a value of $1,056,152 and Sagicor Financial Corporation 1,748 units at $7.45.

Declines | Jamaica Money Market Brokers which fell 2 cents to 48 cents in trading a mere 149 units; Scotiabank falling 90 cents to close at $71.10 while trading only 637 units and Trinidad Cement that lost 4 cents in closing at $2.16 with 5,000 shares for a value of $10,800.

IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with bids higher than the last selling price and 4 stocks with offers lower.

TTSE: Low trading still dominant

Friday, 7th March 2014 | There was trading in 11 securities on the Trinidad & Tobago Stock Exchange of which 3 advanced, 3 declined and 5 traded firm and 58,970 shares changing hands valued at $1,283,833. The Composite Index fell by 1.30 points to close at 1,190.00, the All T&T Index declined by 1.56 points to close at 1,998.60 and the Cross Listed Index inched down 0.13 points to close at 50.09. National Flour mills and Unilever Caribbean traded at new 52 weeks high.

Gains | National Flour Mills traded 1,500 units and closed at $1.07, up 2 cents; Trinidad Cement with 13,050 shares changing hands for a value of $28,409 closed up 5 cents at $2.20 and Unilever Caribbean traded 200 units to close 15 cents higher at $57.15.

Declines | First Citizens Bank traded 3,112 shares for $117,291 as the price declined by a cent to close at $37.69; National Commercial Bank traded 1,500 units to close down 2 cents at $1.16; Scotiabank contributed 2,091 shares with a value of $150,602 as the price fell 50 cents to $72.

TTSEMar7Firm trades | Agostini’s traded a mere 15 units at $17.79; Clico Investment Fund posted a volume of 33,910 shares valued at $729,097 with the price remaining at $21.50; Guardian Holdings traded 1,093 units at $14.49; National Enterprises 666 units at $18.25 and Republic Bank added 1,833 shares valued at $215,400 to close at $117.52.

IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with bids higher than the last selling price and 4 stocks with offers lower.

T&T take Carnival break

Monday, 3rd March, 2014 | No quite Breaking News as every Caribbean citizen knows that today is Carnival Monday! The Trinidad & Tobago Stock Exchange will be closed until Thursday, 6th March.

Let the road march begin!

TTSE: 2 new 52 weeks high

Wednesday, 26th February 2014 | The Trinidad Stock market had two new 52 weeks highs in One Caribbean Media and Unilever stocks at the close of the market.

Overall there was trading in 15 securities of which 5 advanced, 3 declined and 7 traded firm. Trading accounted for 67,234 shares carrying a value of $2,245,979. First Citizens closed trading with an offer to sell 23,444 shares as low as $38 even as the last traded price was $38.43. The bid was for a mere 526 units at $37 suggesting there may be a sharp pull back when next it trades.

At the end of trading the Composite Index gained 0.48 points to close at 1,193.07, the All T&T Index declined by 0.09 points to end at 2,003.44 and the Cross Listed Index advanced by 0.13 points to close at 50.25.

Gains | Stocks trading with price gains at the close of the market are Angostura Holdings with 990 units at $10.76 as the price inched up a cent; Clico Investment Fund in posting a volume of 19,175 shares valued at $413,207, the price advanced by 4 cents to end at $21.55; National Commercial Bank 1,000 shares at $1.17 for a gain of 2 cents; One Caribbean Media 500 shares to close up by 19 cents at $19.50 and Unilever Caribbean gaining 40 cents to end the day at $57 while trading 500 shares.

TTSEFeb26Firm Trades | First Caribbean International Bank added 3,711 shares valued at $24,120 in closing at $6.50; Jamaica Money Market Brokers had 13,700 shares changing hands for a value of $6,850 and closed at 50 cents; National Enterprises traded 10,177 shares for $185,730 to close at $18.25; Neal & Massy had 1,738 units to close at $66.25; Scotiabank exchanged just 2,254 shares at $72.53; Republic Bank swapped ownership of  2,100 shares in closing at $117.50 and West Indian Tobacco contributed 6,089 shares worth $718,502 with the price closing at $118.

Declines | ANSA McAL traded 3,000 shares at $66.50, down by a cent; First Citizens traded only 200 shares to close down by a cent at $38.43; Prestige Holdings fell 8 cents to close at $9.30 while trading only 100 shares.

IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than the last selling price and 6 stocks with offers that were lower.

TTSE: Market moving sidewards

Tuesday, 25th February 2014 | Market activity on the Trinidad Market resulted in 12 securities trading, 3 advanced, 4 declined and 5 traded firm with 343,790 shares changed hands valued at $5,554,435.

The Composite Index inched up by 1.98 points to 1,192.59, the All T&T Index declined by 1.28 points to close at 2,003.53 and the Cross Listed Index advanced by 0.70 points to end at 50.12.

Gains | National Commercial Bank traded 59,456 shares for $68,374, the price rose by 10 cents to $1.15; Scotia Investments traded 129,662 shares valued at $200,196 as the price gained 1 cents to close at $1.53 and Scotiabank gained 28 cents to end the day at $72.53 in trading 1,050 shares.

TTSEFeb25Firm trades | Neal & Massy contributed 48,601 shares with a value of $3,219,816 to close at $66.25; Trinidad Cement added 9,476 shares valued at $19,615 and closed at $2.07; Jamaica Money Market Brokers 7,000 shares to end at 50 cents; Grace Kennedy traded 2,615 shares to close at $3.53 and ANSA McAL 2,388 shares at $66.51.

Declines | First Citizens Bank traded 4,180 shares, the price fell 48 cents to close at $38.44; Clico Investment Fund traded 71,522 shares valued at $1,538,177, the price declined by 7 cents to end at $21.51; Guardian Holdings had 5,800 changing hands at $14.48 for a 2 cents decline; and Sagicor Financial Corporation traded 2,040 units at $7.69 for a loss of a cent.

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

TTSE: Low market activity

Monday, 24th February 2014 | Activity was low on the Trinidad Stock Exchange with only 8 securities trading of which 2 advanced, 2 declined and 4 traded firm. There was a total of 323,415 shares traded valued at $2,178,329.

The Composite Index inched up by 0.74 points to 1,190.61, the All T&T Index advanced by 1.34 points to close at 2,004.81 and the Cross Listed Index edged up by 0.02 points to 49.42.

Gains | The two stocks that recorded gains are Guardian Holdings with 114,365 shares for a value of $1,657,528, the price gained 34 cents to close at $14.50 and Grace Kennedy contributing 75,391 shares with a value of $266,130 and the price closing up 3 cents at $3.53.

TTSEFeb24Firm trades | Jamaica Money Market Brokers with 83,880 shares valued at $42,038 closed at 50 cents; National Flour Mills added 44,000 shares valued at $46,200 to close at $1.05; West Indian Tobacco had 405 units trading at $118 and Neal & Massy 33 units at $66.25.

Declines | Clico Investment Fund lost 10 cents to close at $21.58 while trading 5,271 shares valued at $113,731 and First Citizens traded 70 units to close down by 5 cents at $38.92.

IC bid-offer Indicator | At the end of trading, the Investor’s Choice bid-offer indicator had 5 stocks with bids higher than the last selling price and 3 stocks with offers that were lower.

Buy Rated: Ja Teas & JMMB big gains

Friday, 21st February 2014 |  This week on the Jamaica Stock Exchange, Jamaican Teas gained 19 percent and on the Trinidad Stock market, Jamaica Money Market Brokers (JMMB) 11 percent on the Trinidad market.

Meanwhile, Cable & Wireless, a new selection to the Buy Rated list gained 6% during the past week. General Accident also increased by 6 percent.

Lasco stock continue to be lacklustre with Lasco Distributors and Lasco Financial both shedding 7 percent and Lasco Manufacturing down 8 percent.

BuyRatedTable21FebUpdated reporting | The performance tracking of the Buy Rated Stock Chart shows details of stock gains since selection and now shows the performance for the week. Accordingly, there will no longer be weekly comments on changes as the chart shows the latest movements.

Related posts | D&G, Carreras & C&WJ now Buy Rated | Teas profit up 32 percent | JMMB Q2 profits jumps 56%