TTSE close out week with losses

The prices of more stocks fell on Friday in trading on the Trinidad & Tobago Stock Exchange than those gaining resulted from 16 securities changing hands compared to 12 on Thursday, with 2 stocks advancing, 4 declining and 10 holding firm.
The market closed with 665,055 shares changing hands at a value of $2,406,154 compared to Thursday’s trades of 213,496 valued at $3,295,884.
The Composite Index declined 0.14 points to 1,207.32, the All T&T Index fell 0.07 points to 1,790.06 and the Cross Listed Index lost 0.03 points to 83.68.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 4 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Sagicor Financial gained 3 cents trading 15,082 shares to close at $8.04 and Scotiabank closed at $58.03, with gains of 2 cents exchanging 12,623 shares valued at $732,348.
Losses| Grace Kennedy lost 2 cents, closing at $2.73 with 400 units trading, One Caribbean Media closed at a 52 weeks’ low of $14.95, losing 5 cents exchanging 1,000 shares, Point Lisas lost 1 cent to close at $3.87, with 12,585 shares changing owners and West Indian Tobacco closed at a 52 weeks’ low of $125.88 trading 779 units.
Firm Trades| Agostini’s traded 1,417 shares at $20, Angostura Holdings exchanged 6,579 shares at $15.01, Berger Paints closed at $4.05, with 44,700 shares changing hands, First Citizens remained at $31.65, with 1,500 units trading. First Caribbean International held firm at $7.60, with an exchange of 2,462 units, JMMB Group traded 508,115 shares at $1.25, valued at $635,144, Prestige Holdings closed at $10.70 exchanging 3,374 shares after it traded at an intraday 52 weeks’ low of $10.69. Republic Financial Holdings closed at trading at $101.90, with 2,000 shares changing hands, Scotia Investments ended trading at 2.07 with 37,086 shares switching owners and Trinidad Cement remained at $4.14 trading 15,353 shares.

Falling stocks dominate on TTSE – Tuesday

Falling prices had the upper hand in trading on the Trinidad & Tobago Stock Exchange on Tuesday resulted in 3 stocks advancing, 4 declining and 7 holding firm as 14 securities changed hands, the same as on Monday, leading to a fall in all market indices.
Trading closed with 450,749 securities changing hands at a value of $7,406,212 compared to Monday’s trades of 1,204,518 valued at $18,120,647.
The Composite Index declined 1.20 points to 1,208.05, the All T&T Index lost 0.49 points to 1,790.45 and the Cross Listed Index was down 0.26 points to close at 83.83.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| JMMB Group gained 3 cents to close at $1.26, with an exchange of 14,445 shares, Massy Holdings closed at $50, gaining 1 cent, with trades of 19,677 units valued at $983,848 and Scotiabank closed at $58.03, with a rise of 2 cents trading 501 shares.
Losses| Clico Investment lost 1 cent to close at $22.50 exchanging 52,200 shares valued at $1,174,548, First Caribbean International traded 10 cents lower to close at $7.60 exchanging 2,500 shares, Guardian Holdings lost 1 cent, to end at $16.09 with 2,159 shares changing hands and Unilever Caribbean closed at a 52 weeks’ low of $51.25, with a loss of 75 cents trading 40,000 shares valued at $2,050,000.
Firm Trades| Agostini’s traded 1,906 units at $20, Ansa Merchant Bank exchanged 35,227 shares at $40 at a value of $1,409,080, Berger Paints closed at $4.05, with 550 units changing hands, National Enterprises traded 700 units at $10.50. NCB Financial Group closed at $4.05 exchanging 248,158 shares valued at $1,005,490, One Caribbean Media closed at $15.01, with 11,925 shares trading and Trinidad & Tobago NGL exchanged 20,801 units at $21.90 valued at $455,548.

TTSE rise with more dip than rise

Trading levels on the Trinidad & Tobago Stock Exchange on Thursday fell sharply despite 11 securities changing hands compared to 10 on Wednesday as just 78,795 shares traded at a value of $1,350,632 compared to Wednesday with 195,938 valued at $9,062,326.
At the close, 2 stocks advanced, 4 declined and 5 were unchanged as the two main indices rose. The Composite Index gained 0.82 points to 1,211.36, the All T&T Index advanced 1.63 points to 1,790.66 and the Cross Listed Index closed unchanged at 84.71.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Agostini’s traded $1.49 higher to close at a 52 weeks’ high of $20, with an exchange of just 100 shares and NCB Financial Group gained 1 cent, closing at $4.01, with 50,000 units trading
Losses| Clico Investment lost 1 cent to close at $22.50 exchanging 1,800 shares, Guardian Holdings closed at $16.20, losing 5 cents with 10,000 shares changing hands, Trinidad & Tobago NGL closed at $21.25, with a loss of 8 cents trading 4,350 units and Unilever Caribbean traded 60 cents lower to close at $52, with an exchange of 5,000 units.
Firm Trades| Angostura Holdings exchanged 2,000 shares at $15.01, First Citizens remained at $31.65, with 435 shares traded and JMMB Group closed at $1.26, with 40 shares trading. Republic Financial Holdings held firm at $101.90, with 3,734 shares changing owners at a value of $380,495 and West Indian Tobacco closed at $126.35 exchanging 1,336 units.

13% of Readymix shares traded on TTSE

Trinidadian listed Readymix, traded 13 percent of its issued shares, amounting to 1,530,386 units valued at $16,834,246 at a price of $11 and accounted for 75 percent of the total value of shares traded on the market, on Monday.
Elsewhere, prices were relatively stable at the close of trading on the Trinidad & Tobago Stock Exchange with just 1 stock advancing, 2 declining and 10 remaining unchanged, as 13 securities changed hands compared to 17 on Friday.
At the close, with 2,083,671 shares changing hands at a value of $22,380,356 compared to Friday’s 255,656 shares valued at $5,727,353.
The Composite Index lost 0.04 points to 1,218.73, the All T&T Index fell 0.11 points to 1,798.52 and the Cross Listed Index remained unchanged at 85.65.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Grace Kennedy gained 1 cent to close at $2.81, trading 8,000 shares.
Losses| First Caribbean International closed at $7.75, after losing 1 cent with 1,000 shares trading and Sagicor Financial traded 1 cent lower to close at $9, with an exchange of 525,504 shares valued at $4,727,636,
Firm Trades| Agostini’s closed at $18.51, with in exchanging 225 shares, Angostura Holdings closed at $15.01 with 164 shares, changing hands, Ansa Merchant Bank closed at $40, while trading 7,023 shares, Berger Paints traded 175 shares at $4.05, Clico Investment traded 6,990 shares at $22.50, First Citizens closed at $31.85 with 1,550 shares being exchanged. Guardian Holdings closed at $16, trading 2,424 shares, Massy Holdings remained at $51.48, with an exchange of 1,051 shares and Scotiabank held firm at $58, with trades of 6,169 shares valued at $357,802.

Republic dominates TTSE

Republic Financial Holdings had the largest value of trading on Thursday on the TTSE.

Republic Financial Holdings led trading on the Trinidad & Tobago Stock Exchange on Thursday as overall trading fell to just 70,937 shares valued at $1,807,695 compared to Wednesday’s 583,316 units valued at $3,038,295.
Market activity resulted in 12 securities changing hands with 3 rising, 2 declining and 7 remaining unchanged compared to 14 securities trading on Wednesday.
The Composite Index rose 0.82 points to 1,231.59, the All T&T Index gained 0.18 points to 1,793.56 and the Cross Listed Index added 0.20 points to close at 89.87.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 8 stocks with bids higher than last selling prices and 7 with lower offers.
Gains| Grace Kennedy gained 1 cent, closing at $2.70 with 25,667 units changing hands, Scotia Investments closed at a 52 weeks’ high of $2.70, with gains of 20 cents trading 13,045 shares and Trinidad & Tobago NGL advanced 60 cents to close at $22, with an exchange of a mere 70 units.
Losses| Guardian Holdings closed at $15, with a loss of 25 cents exchanging 4,754 shares, and Massy Holdings lost 3 cents to close at $51.45, with 38 shares changing owners.
Firm Trades| Agostini’s closed at $18.50 trading 5,995 units, Ansa Merchant Bank exchanged 1,000 shares at $40, First Citizens traded 200 shares at $32, National Enterprises closed at $10.01 with an exchange of 312 units. NCB Financial Group closed at $3.99 with trades of 5,000 shares, Republic Financial Holdings exchanged 13,356 shares at $101.90, valued at $1,360,982 and Scotiabank held firm at $58 with 1,500 shares changing hands.

Republic dominates trade on TTSE

Republic Financial Holdings had the largest value of trading on Thursday on the TTSE.

Republic Financial Holdings dominated trading on the Trinidad & Tobago Stock Exchange on Thursday with 40 percent of the value of stocks trading. At the close 16 securities changed hands compared to 14 on Wednesday with 4 stocks advancing, 6 declining and 6 unchanged.
A total of 437,400 shares were exchanged at a value of $7,816,009 compared to Wednesday’s 391,982 shares valued at $3,344,255.
The Composite Index declined 1.68 points to 1,232.67, the All T&T Index fell 4.50 points to 1,800.47 and the Cross Listed Index gained 0.16 points to close at 89.21.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| Ansa McAL traded 4 cents higher to $66.50, with an exchange of a mere 30 units, First Citizens closed 20 cents higher at $32 trading 12,930 units valued at $413,760, JMMB Group gained 4 cents to close at a 52 weeks’ high of $1.35 while exchanging 108,000 shares and Trinidad & Tobago NGL closed at $21.12, gaining 12 cents with 39,542 units valued at $830,622, changing hands.
Losses| Clico Investmentlost 2 cents to close at $22.50 with trades of 23,790 shares valued at $535,305, Guardian Holdings lost 5 cents to close at $15.45 with an exchange of 634 shares, Massy Holdings closed 16 cents lower to $51.50 trading 10,711 units valued at $551,648, National Enterprises closed at $10.60, losing 20 cents exchanging 4,400 shares. National Flour Mills lost 4 cents to close at $2.56, with 3,000 units changing hands and Scotiabank closed at $58, with a loss of 50 cents while trading 905 shares.
Firm Trades| Agostini’s traded 19,700 shares at $18.50 valued at $364,450, Angostura Holdings traded 94,015 units at $14.90 valued at $1,400,824, Grace Kennedyclosed at $2.70 with trades of 19,000 shares, NCB Financial Group closed at $3.89 with an exchange of 49,610 units. Republic Financial Holdings traded 30,679 shares at $101.90 valued at $3,126,211 and Trinidad Cement closed at $4.20 as 20,454 shares changed hands.

Readymix now 14% above TCL offer

Readymix price rose for the third consecutive day on the Trinidad & Tobago Stock Exchange on Wednesday, adding 50 cents, for a 13.6 percent increase over the Trinidad Cement’s offer price of $11. Ansa McAL dominated trading and led with more than 100,000 units valued at more than $7.5 million.
Trading resulted in 14 securities changing hands compared to 13 on Tuesday with the price of 4 rising, 2 falling and 8 remaining unchanged. A total of 317,668 shares were exchanged at a value of $8,880,820 compared to Tuesday’s 445,375 shares valued at $5,118,190.
The Composite Index rose 1.30 points to 1,232.55, the All T&T Index lost 0.24 points to 1,807.58 and the Cross Listed Index gained 0.39 points to end at 88.19.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Ansa McAL gained 13 cents to close at $66.50 with trades of 114,214 shares valued at $7,590,863, JMMB Group closed at $1.25 with gains of 7 cents trading 47,529 shares, NCB Financial Group closed at $3.80, after gaining 2 cents with an exchange of 63,778 units. Readymix closed 50 cents higher at $12.50 exchanging 1,567 shares and
Losses| Angostura Holdings closed 5 cents lower at $14.90 with an exchange of 40 shares and National Enterprises lost 2 cents, closing at $10.80 while trading 26,885 units.
Firm Trades| Agostini’s traded 502 units to close at $18.50, Clico Investment traded 2,260 shares at $22.50, First Caribbean International closed at $8.85 with 50 shares changing hands, Point Lisas exchanged 10,000 units at $3.76, Sagicor Financial remained at $9 with trades of 6,202 shares. Scotia Investments closed at $2.50 with 2,000 units changing hands, Trinidad Cement traded 34,900 units at $4.20, Trinidad & Tobago NGL closed at $21 with 5,741 units exchanged and West Indian Tobacco was unchanged at $127 trading 2,000 units.

Readymix jumps on takeover offer

TCL made an offer to buy out the minority shares in Reaymix at TT$11.

Trading on the Trinidad & Tobago Stock Exchange closed on Friday with Readymix jumping nearly 7 percent on takeover offer by Trinidad Cement to purchase the minority shares not owned by the group.
Trading closed with 12 securities changing hands compared to 11 on Wednesday, with the market having been closed on Thursday. The prices of 3 stocks gained 7 fell and 2 remained unchanged.
Trading volume fell to a low of 67,974 shares valued at $1,375,038 compared to Wednesday’s 90,080 shares valued at $621,874 as the prices of 3 stocks rose, 7 declined and 2 traded with the price unchanged.
The Composite Index fell 0.72 points to 1,233.79, the All T&T Index declined 1.09 points to 1,811.54 and the Cross Listed Index lost 0.05 points to 87.98.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Clico Investment rose 1 cent in exchanging 4,327 units at $22.51, Readymix gained 71 cents in trading 1,400 shares to close at a 52 weeks high of $11.51 after the parent company made an offer $11 for the minority shares and Trinidad Cement closed with 5,000 shares trading at $4.21 after rising by 4 cents.
Losses| Angostura Holdings lost 1 cent and closed at $15 with 10 shares traded, First Citizens closed with a loss of 35 cents to end at $31.65 trading 3,335 shares, Guardian Holdings lost 2 cents in trading 2,365 units at $15.98, JMMB Group fell 2 cents and exchanged 5,455 shares at $1.20, National Enterprises lost 6 cents to close at $10.82 trading 2,110 shares, Republic Financial Holdings dropped $3.49 in exchanging 17 shares to end at a 52 weeks’ low of $101.99 and Trinidad & Tobago NGL dropped $1.21 to close at $21.50 with an exchange of 42,739 units valued at $918,889.
Firm Trades| Massy closed at $53 with 100 units changing hands and West Indian Tobacco closed at $127.01 with trading in 1,116 units.

1 stock falls in a day for gains

At the close of trading on the Trinidad & Tobago Stock Exchange all three indices recorded modest gains as 5 stocks advanced, 1 declined and 12 were unchanged.
Market activity resulted in 18 securities changing hands compared to 17 on Wednesday, leading to 610,096 units valued at $3,541,855 changing ownership, compared to Wednesday’s 193,335 shares valued at $2,067,973.
The Composite Index rose 1.17 points to 1,242.99, the All T&T Index gained 1.01 points to 1,829.32 and the Cross Listed Index was up 0.18 points to 88.05.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 8 with lower offers.
Gains| Agostini’s added 1 cent to close at $18.51 with trades of 6,805 shares, Guardian Holdings closed at $16.05 with gains of 4 cents trading 5,405 units, NCB Financial Group gained 2 cents to close at $3.80 with an exchange of 95,364 shares valued at $362,282, Scotia Investments rose 5 cents to a 52 weeks’ high of $2.30 with 83,320 units changing hands and Trinidad & Tobago NGL advanced 60 cents, closing at $23.50 with 6,794 shares traded.
Losses| National Flour Mills lost 4 cents to close at $2.60 exchanging 330,107 shares valued at $858,278.
Firm Trades| Angostura Holdings traded 1,500 units at $15.01, Ansa Merchant Bank closed at $40 with 25,765 shares traded at a value of $1,030,608, Clico Investment closed at $22.51 with an exchange of 17,588 shares valued at $395,997 and First Caribbean International closed at $8.85 trading 1,200 units. JMMB Group held firm at $1.22 trading 21,959 units, Massy traded 200 shares at $53, One Caribbean Media closed at $16.48 trading 300 shares. Republic Financial Holdings exchanged just 20 units at $105.48, Sagicor Financial remained at $9.01 trading 10,000 units, Scotiabank closed at $59 with 2,616 shares changing hands, Trinidad Cement closed at $4.20 trading 1,103 units and West Indian Tobacco exchanged 50 shares at $127.

Only 4 price changes on Wednesday

The Trinidad & Tobago Stock Exchange closed on Wednesday with 18 securities changing hands up from 13 on Tuesday, with 193,335 shares valued at $2,067,973 in contrast to Tuesday’s 103,351 shares valued at $982,037, leading to 2 stocks advancing, 2 declining and 14 holding firm.
The Composite Index fell 1.10 points to 1,241.82, the All T&T Index declined 1.69 points to 1,828.31 and the Cross Listed Index lost 0.07 points to 87.87.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Point Lisas gained 15 cents to close at $3.65 trading 1,300 shares and Trinidad & Tobago NGL advanced 26 cents, closing at $22.90 with 7,461 shares changing hands.
Losses| NCB Financial Group lost 1 cent to close at $3.78 with an exchange of 7,984 shares and Republic Financial Holdings closed at $105.48, for a loss of 51 cents with trades of 1,000 units.
Firm Trades| Stock trading with the last traded price unchanged are, Agostini’s trading 350 units at $18.50, Ansa Merchant Bank closing at $40 with 308 shares traded, Clico Investment that closed at $22.51 with an exchange of 13,800 shares valued at $310,652, First Citizens ended at $32 trading 184 units. Grace Kennedy traded 11,183 units at $2.66, Guardian Holdings was unchanged at $16.01 with 19,889 shares exchanged at a value of $318,429, JMMB Group held firm at $1.22 trading 78,729 units, Massy traded 1,800 shares at $53, National Enterprises closed at $10.88 with 8,931 shares changing owners. National Flour Mills traded 150 units at $2.64, Sagicor Financial held firm at $9.01 with an exchange of 30,000 units, Scotiabank exchanged 2,025 shares at $59, Trinidad Cement closed at $4.20 with trades of 5,307 units and West Indian Tobacco traded 2,934 shares valued at $372,618 at $127.