Republic Holdings closed at a 52 weeks’ high of $145.50.
Trading on the Trinidad & Tobago Stock Exchange ended on Monday with more stocks falling than rising and leaving the market indices with gains as Republic Holdings closed trading at a 52 weeks’ high.
The T&T Composite Index rose 0.73 points to 1,501.86. The All T&T Index added 3.44 points to end at 1,918.80, while the Cross Listed Index closed with a decline of 0.27 points at 146.96.
The market closed with 18 securities trading with compared 16 on Friday. The prices of three stocks rising, eight declining while seven remained unchanged as the number of securities changing hands remained constant over the past three days, at 16. The volume of stocks passing through the market fell to 1,548,495 shares valued at $28,291,848, compared to 383,853 shares for $7,140,746 on Friday.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with the bids of four stocks higher than their last selling prices and three with lower offers.
Gainers| Agostini’s traded 200 shares and gained 1 cent to close at $25.51, First Citizens Bank climbed $2.03 to $48.83 in trading 22,779 units and Republic Financial exchanged 1,633 stock units and gained 10 cents to close at a 52 weeks’ high of $145.50.
Losers| Calypso Macro Index Fundshed 12 cents to end at $15.88 in transferring 200 units, Clico Investment lost 1 cent trading 407,500 units and closed at $28.60, Grace Kennedy shed 10 cents in trading 44,200 units to end at $3.75. JMMB Group lost 8 cents to end at $2.40, with 1,500 stock units crossing the market, National Enterprises declined by 14 cents to end $5.51 trading 200 units, One Caribbean Media fell 25 cents in exchanging 30,100 stock units to close at a 52 weeks’ low of $7.50. Prestige Holdings slipped 22 cents to $9.03, with 100 units changing hands and Trinidad & Tobago NGL transferred 2,498 shares and fell $1 to close at a 52 weeks’ low of $19.
Firm Trades| First Caribbean International Bank saw 35,580 shares changing hands to close at $7.89, Guardian Holdings traded 165,594 shares at $23, Massy Holdings ended with 54,015 units crossing the market at $63. NCB Financial traded 570,870 shares at $11.35, Point Lisas exchanged 210,117 stock units at $3.75, Scotiabank ended with 1,309 crossing the market at $62.50 and Unilever Caribbean transferred 100 stock units at $20.50.
Prices of securities trading are those at which the last trade took place.
The T&T Composite Index added 6.86 points to close at 1,518.01. The All T&T Index rose 13.23 points to 1,941.04, while the Cross Listed Index closed with a loss of gained 0.5 points to end at 148.27.
Trinidad Cement lost 7 cents to close at $1.85 after exchanging just one stock units and Unilever Caribbean lost 50 cents in trading 100 units to close at a 52 weeks’ low of $21.
The market ended with 14 securities changing hands versus 16 on Thursday and leading to the prices of four gaining, two declining and the prices of eight remaining unchanged.
Losses| Clico Investment lost 2 cents to close at $28.46, with 72,954 units crossing the exchange and Trinidad & Tobago NGL slipped 1 cent transferring 3,980 shares to close at $20.89.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with the bids of four stocks higher than their last selling prices and one with a lower offer.
Grace Kennedy had 122 shares changing hands, to close at $3.95, National Enterprises closed trading with 100 shares at $5.50. National Enterprises swapped 100 units at $5.50, National Flour closed with 43,837 units crossing the exchange at $1.49, Point Lisas traded 194,174 shares to land at $3.75, Trinidad & Tobago NGL transferred 31,746 shares to close at $21. LJ Williams B share traded 6,144 units at $1.60 and Unilever Caribbean exchanged 1,686 shares and closed at $21.50 after hitting a 52 weeks intraday low of $21.10.
The Trinidad & Tobago Stock Exchange closed down at the end of trading on Tuesday with the 16 securities changing hands up from 15 on Monday from lower volume and value.
Republic Financial, with the loss of 8 cents to close at 54 weeks’ high of $142.08, after exchanging 1,386 shares and Trinidad & Tobago NGL, traded 60,015 shares and added one cent to close at $21.
Republic Holdings traded at $142 but closed with the bid at $145 and offered at $150 the PE ratio is just 12 based on 2020 forecasted earnings with 20 being the target. Both stocks appear to have low supply around current prices.
Losses| JMMB Group shed 4 cents and ended at $2.70, with investors exchanging 365,844 stock units, One Caribbean Media fell 5 cents in transferring 612 shares at $7.95, Scotiabank ended trading with 10 units after slipping 9 cents to $61.40. Trinidad & Tobago NGL had 12,474 shares changing hands to close at a 52 weeks’ low of $20.40 after falling by 30 cents and West Indian Tobacco dropped $2 and settled at $38, with just 35 units changing hands.
The market closed with 15 securities changing hands, compared to 18 on Friday, with three gaining, five declining and the prices of seven remaining unchanged. Two stocks closed at 52 weeks’ high and one at a low.
Losses| Clico Investment lost 3 cents to close at $28.45, with 10,692 units crossing the exchange, First Citizens Bank shed 1 cent and settled at $47, with investors exchanging 2,228 shares, Scotiabank ended trading with 3,885 units after falling 11 cents to $61.29. Trinidad & Tobago NGL lost 3 cents with 31,407 shares changing hands to close at a 52 weeks’ low of $20.78 and Unilever Caribbean fell 4 cents and ended at $22.01, with investors exchanging 100 shares.
Angostura Holdings closed with a loss of 3 cents at $16.17, with an exchange of 1,250 units, Guardian Holdings fell 10 cents to end at $21.50, with 2,807 units crossing the exchange. Guardian Media closed 50 cents lower to a 52 weeks’ low of $7, with 7,241 stock units changing hands while Trinidad & Tobago NGL traded 189 shares and fell 5 cents to close at $23.40.
