Thursday, 2nd January 2014 | The Trinidad market started off the new year on a positive note with trading in 12 securities, 5 advanced, 1 declined and 6 traded firm. The Composite Index advanced by 0.17 points to close at 1,185.22, the All T&T Index moved up by 0.34 points to close at 1,994.06. The Cross Listed Index remained at 49.43.

Trading activity resulted in a volume of 749,040 shares changing hands valued at $7,340,815. Scotia Bank closed up 5 cents to close at $72.60 and One Caribbean Media closed up 4 cents at $18.54, both of which hit new 52 weeks high at the end of trading.

First Citizens Bank traded 20,566 shares to close firm at $40.25; Grace Kennedy contributed 130,000 shares with a value of $448,931, the price closed firm at $3.45; National Flour Mills exchanged 161,054 shares for $153,001; Republic Bank gained 6 cents to end the day at $115.90 with a mere 45 shares trading; Sagicor Financial Corporation added 31,631 shares valued at $229,325 with the price closing unchanged at $7.25; Trinidad Cement had 231,801 shares changing hands for a value of $509,962 but the price remained unchanged at $2.20; West Indian Tobacco traded 14,559 units to close 3 cents up at $120.03.

On the Mutual Fund Market 145,538 shares changed hands for a value of $3,164,676.00. Clico Investment Fund traded with a volume of 143,538 shares valued at $3,157,856, the price advanced by a cent to end at $22.00. Praetorian Property Mutual Fund traded 2,000 shares, falling $0.14 to close at $3.41.

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 prices versus only 1 stock with an offer that was lower.

Tuesday, 31st December 2013 | The Trinidad & Tobago Stock Exchange ended 2013 on a positive note with more stocks rising than declining. Additionally, the market recorded a positive year with the two main indices advancing during the year.

The Composite Index advanced by 0.29 points on Tuesday to close at 1,185.05 compared to 1,064.98 at the end of 2012, gaining 11 percent for the year. The All T&T Index advanced by 0.20 points on the last day of the year to close at 1,993.72 and gained 17.7 percent over the 1,694.27 at the close of 2012. The Cross Listed Index advanced by 0.05 points to close at 49.43 on Tuesday but was down 12 percent from the 56.33 at the end of 2012 closed.

2014 Up Market | The overall market seems poised to move higher in 2014 with the IC Insider Buy Rated list having several stocks that should trade much higher during the year.

Trading activity on the First Tier Market registered a volume of 161,914 shares valued at $3,369,575 as the price of 3 stocks advanced, while 1 declined and 5 remained firm.

First Citizens traded 3,915 shares to close at $40.25; Guardian Holdings traded 75,267 shares changing hands for a value of $1,053,738 and closed firm at $14; Neal & Massy Holdings, with a volume of 15,147 shares, traded for $908,987 and the price closed at $60.00; Jamaica Money Market Brokers traded unchanged at 51 cents and contributed 8,000 shares with a value of $4,080; National Enterprises added 5,800 shares valued at $101,790 and the price inched up a cent to $17.55; Sagicor Financial Corporation traded 2,713 shares as the price gained 6 cents to end the day at $7.25.

There was trading in 50,937 Clico Investment Fund’s shares valued at $1,119,945, the price advanced by 2 cents to end at $22.

IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with bids that were higher than the last selling prices versus only 1 stock with the offer that was lower.

Monday, 30th December 2013 | Overall market activity on the T&T Stock Exchange resulted from trading in 12 securities of which 3 advanced, 1 declined and 8 traded firm.

The Composite Index advanced by 0.17 points to close at 1,184.76, the All T&T Index advanced by 0.02 points to close at 1,993.52 and the Cross Listed Index advanced by 0.04 points to close at 49.38. Trading activity saw 366,230 shares changing hands valued at $3,384,914.

First Citizens Bank added 27,383 shares valued at $1,102,185 and closed at $40.24; Guardian Holdings contributed 34,733 shares with a value of $486,262, with the closing price of $14; Jamaica Money Market Brokers saw 237,601 shares changing hands for a value of $121,177 as the price closed at 51 cents; National Flour Mills traded 6,000 units and fell 2 cents to close at 95 cents; Republic Bank stock price gained 2 cents to close at $115.84 while trading 10,370 shares with a value of $1,201,260; Sagicor Financial Corporation traded 43,174 shares for $310,421 as the price closed firm at $7.19.

Clico Investment Fund had a volume of 5,878 shares valued at $129,180 and advanced by 5 cents to end at $21.98.

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 prices versus only 1 stock with an offer that was lower.

Image courtesy of StuartMiles/FreeDigitalPhotos.net

Monday, 23rd December 2013 | In very moderate trading, First Citizens Bank gained $1.43 to end the day at $40 for yet another new record high with a volume of 9,460 shares being traded for $378,356. The bank released results for the full year with earnings around $2.45 thus justifying the movement in the stock, which we reinstated to our IC Insider Buy Rated list.

There was trading in only 6 securities of which 3 advanced, 0 declined and 3 traded firm which accounted for 53,527 shares trading at a value of $1,058,738. The Composite Index advanced by 4.08 points to close at 1,183.84, the All T&T Index advanced by 8.23 points to close at 1,992.55 and the Cross Listed Index remained at 49.27.

Guardian Holdings traded 37,957 shares with a value of $535,604 as the price closed firm at $14 but after trading at $14.11; National Enterprises contributed a paltry 171 shares with a value of $2,999 but the price remained at $17.54, while Republic Bank added 104 shares valued at $12,045 and gained 5 cents to land at $115.82.

Clico Investment Fund traded 5,800 shares valued at $127,194 as the price advanced by 18 cents to end at $21.93.

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 prices, versus only one stock with an offer that was lower.

Friday, 20th December, 2013 | This trading week was all about First Citizens as the stock recorded 4 consecutive new highs between Tuesday and Friday, up by $3.03 cents, with the last selling price of $39.25 putting the gain at 78 percent since listing in September. At the close, the price seems destined to move higher during the coming week.

There was trading on the Trinidad stock market in 11 securities; 3 advanced, 6 declined and 3 traded firm with 471,809 shares trading for a value of $8,249,524. The Composite Index advanced by 0.61 points to close at 1,179.76, the All T&T Index advanced by 1.02 points to close at 1,984.32 and the Cross Listed Index advanced by 0.03 points to close at 49.27.

Agostini’s traded 10,000 units valued at $177,900 at $17.79; First Citizens Bank traded 171,648 shares changing hands for a value of $6,620,573 to close up 75 cents at $39.25 a new record; Grace Kennedy traded 98,281 for a value of $339,069 with the price ending at $3.45 for a 4 cents gain; Guardian Holdings exchanged 25,000 units to close firm at $14; Scotia Investments contributed 74,758 shares with a value of $112,137 as the price slipped a cents to end at $1.50, while Trinidad Cement added 70,710 shares valued at $154,021 and closed at $2.18.

Clico Investment Fund had a volume of 20,700 shares trading valued at $450,225 and the price advanced by 5 cents to end at $21.75.

IC bid-offer Indicator | At the end of trading, the Investor’s Choice bid-offer indicator show bids for 6 stocks higher and only one with an offer lower than their last selling prices, suggesting more gains in stock prices are likely in the coming days.

Thursday, 19th December 2013 | In trading on the Trinidad & Tobago Stock Exchange First Citizens Bank traded 9,218 units and closed at $38.50 for a gain of 50 cents to record a new high since listing in September this year.

Trading took place in 13 securities of which 6 advanced, 2 declined and 5 traded firm. The Composite Index advanced by 1.88 points to close at 1,179.15, the All T&T Index advanced by 5.25 points to close at 1,983.30 and the Cross Listed Index declined by 0.19 points to close at 49.24.a total of 626,815 shares traded at a value of $8,662,279.

Guardian Holdings exchanged 9,467 units at $14.00 up 25 cents; Grace Kennedy enjoyed strong volume of 231,780 shares changing hands for a value of $789,852 to close at $3.46 up 6 cents; Jamaica Money Market Brokers had a volume of 147,185 shares being traded for $75,536 and the price closed at 52 cents; Neal & Massy gained 85 cents to end the day at $60.00 but only 500 units traded. Scotiabank traded 21,025 shares at $72.53; Scotia Investments contributed 78,166 shares with a value of $117,749 as the price declined by 24 cents to close at $1.51, while ANSA McAL added 68,867 shares valued at $4,579,656 to close up 20 cents at $66.50. Trinidad Cement traded 12,069 units and closed at $2.17 for a 3 cents fall.

Clico Investment Fund had a volume of 47,080 shares valued at $1,021,637, the price remained at $21.70 at the end of trading.

IC bid-offer Indicator | At the end of trading, the Investor’s Choice bid-offer indicator show bids for 4 stocks higher and 3 offers lower than their last selling prices.

Wednesday, 18th December 2013 | First Citizens Bank traded 66,219 shares changing hands for a value of $2,516,435, increasing 66 cents to end the day at a new record of $38.10 and has gained 73 percent since listing in September on the Trinidad & Tobago Stock Exchange.

Overall Market activity was limited and restricted to just 8 securities of which 6 advanced, none declined and 2 traded firm. The Composite Index advanced by 2.11 points to close at 1,177.27, the All T&T Index advanced by 4.20 points to close at 1,978.05 and the Cross Listed Index advanced by 0.01 points to close at 49.43. Trading activity on the market saw 311,461 shares changing hands valued at $13,666,829.

Guardian Holdings traded 5,508 shares at $13.75, up by 20 cents; National Flour Mills added 15,000 shares valued at $14,250 to close firm at 95 cents; West Indian Tobacco had a big volume of 43,256 shares traded for $5,191,988 but the price remained unchanged at $120.03; Scotiabank contributed 37,748 shares with a value of $2,737,835 and closed at $72.52.

Clico Investment Fund traded 143,405 shares valued at $3,111,889 and advanced by 2 cents to end at $21.70.

IC bid-offer Indicator | At the end of trading, the Investor’s Choice bid-offer indicator show bids for 3 stocks higher and 4 offers lower than their last selling prices.

Image courtesy of Photokanok/FreeDigitalPhotos.net.

Tuesday, 17th December 2013 | First Citizens Bank gained 51 cents to hit a new high since listing in September to reach $37.51 at the close while trading 18,255 units.

Market activity resulted in 12 securities changing hands of which 4 advanced, 4 declined and 4 traded firm helping the Composite Index to advance by 0.59 points to close at 1,175.16, the All T&T Index to increase by 1.99 points to close at 1,973.85. The Cross Listed Index declined by 0.10 points to close at 49.42. Trading accounted for 336,865 shares with a value of $5,792,087.

Grace Kennedy lost 15 cents to close at $3.40 as 118,675 shares changed hands for a value of $403,495; National Commercial Bank had a volume of 101,000 shares being traded for $112,110 with the price closing unchanged at $1.11; Scotiabank contributed 53,000 shares with a value of $3,843,030 with the price remaining unchanged at $72.51; while Point Lisas Industrial Port Development added 20,000 units valued at $74,000 to close firm at $3.70; Sagicor Financial traded 18,255 units to close 5 cents up at $7.05 and West Indian Tobacco traded 3,040 units to close firm at $120.03.

Clico Investment Fund posted a volume of 105 shares valued at $2,276.40 as the price declined by $0.02 to end at $21.68.

IC bid-offer Indicator | At the end of trading, the Investor’s Choice bid-offer indicator show bids for 2 stocks higher with 3 offers lower than their last selling prices.