Guardian Holdings leads TTSE

Guardian Holdings gained 21 cents to end trading at $16.01 with 94,330 units changing hands with a value of $1,509,520, ended as the dominant trade, on the Trinidad & Tobago Stock Exchange on Monday.
Market activity led to 16 securities trading compared to 9 on Friday with 6 advancing, 3 declining and 7 unchanged. The number of securities traded was 199,103 valued at $2,253,341 compared to Friday’s 181,011 shares valued at $1,947,353.
The Composite Index gained 1.08 points to 1,243.56, the All T&T Index rose 1.83 points to 1,828.89 and the Cross Listed Index added 0.04 points to 88.27.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 7 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| Angostura Holdings gained 1 cent to close at $15.01 with trades of 160 shares, One Caribbean Media traded at $16.48, after gaining 8 cents with 3,400 shares changing hands. Sagicor Financial added 1 cent to close at $9.01 trading 2,000 units, Scotia Investments closed with gains of 5 cents to a 52 weeks’ high of $2.25 exchanging 350 units and Trinidad & Tobago NGL gained 1 cent to close at $22.62 with 500 shares traded.
Losses| Agostini’s lost 2 cents to close at $18.50 with an exchange of 12,945 shares, Clico Investment lost 1 cent while closing at $22.51 trading 325 units and Trinidad Cement closed at $4.17, for a loss of 3 cents with 67,184 units changing owners.
Firm Trades| First Citizens traded 1,400 units at $32, First Caribbean International closed at $8.94 with trades of 1,090 units, Grace Kennedy exchanged 3,700 shares at $2.66 while JMMB Group was unchanged at $1.22 trading 8,120 units. Massy held firm at $53 with 55 units changing hands, Point Lisas closed at $3.65 with an exchange of 2,854 shares and Scotiabank closed at $59 with 690 units traded.

NCB Group trades at J$76 in Trinidad

NCB stock traded at a high of TT$4 on the TTSE on Thursday.

National Commercial Bank Financial Group, the new holding company for National Commercial Bank and its subsidiaries traded on Thursday after trading in the NCB shares was suspended.
The stock traded as high as TT$4 or the equivalent of J$76 but closed slightly lower at the close. The group traded in Kingston at J$65.
Trading levels on the Trinidad & Tobago Stock Exchange fell on Thursday leading to an exchange of just 9 securities, compared to 11 on Wednesday. At the close 3 stocks advanced, 4 declined and 2 were unchanged. Securities traded amounted to 306,454 units at a value of $3,666,557 in contrast to Wednesday’s 547,969 shares valued at $12,402,664.
The Composite Index gained 0.51 points to 1,240.39, the All T&T Index rose 1.45 points to 1,823.23 and the Cross Listed Index lost 0.06 points to 88.16.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 10 stocks with bids higher than last selling prices and 4 with lower offers.
Gains| After several weeks closing with the demand for Agostini’s at a higher price than the last sale 2,658 units traded on Thursday with price gaining $1.02 to close at a 52 weeks’ high of $18.52, after it last traded in November last year. First Citizens Bank gained 1 cent trading 8,205 shares and closed at $31.51, still below the price of $32, the government block of 48 million shares are being sold and Trinidad Cement added 10 cents, closing at $4.30, with an exchange of 8,598 units.
Losses| Clico Investment closed at $22.50 with a loss of 10 cents as 126,509 units changing hands at a value of $2,846,453, First Caribbean International Bank lost 5 cents, closing at $8.94 with an exchange of 1,000 units, JMMB Group was down 2 cents to $1.20 with trades of 65,295 shares and Republic Financial Holdings closed at $105.99, after losing just 1 cent with 188 units traded.
Firm Trades| National Commercial Bank Financial Group traded 91,588 shares to close with the last sale at $3.75 valued at $346,562 and Sagicor Financial held firm at $9 with trades of 2,413 units.

Unilever jump $1.25

Trading on the Trinidad & Tobago Stock Exchange on Friday saw 11 securities changing hands compared to 16 on Thursday. Unilever Caribbean reaped a $1.25 gain to rise to $58.25 trading 4,260 units.
The market closed with 3 stocks advancing, 5 unchanged and 3 declining as 157,407 shares were exchanged at a value of $3,220,448 compared to Thursday’s 337,591 shares valued at $2,989,250.
The Composite Index lost 0.19 points to 1,242.51, the All T&T Index dropped 0.37 points to 1,822.77 and the Cross Listed Index remained at 88.80 points.
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| Clico Investments added 1 cent, closing at $22.51 trading 36,976 shares valued at $831,996, L.J. Williams B gained 5 cents to close at a 52 weeks’ high of 80 cents with 10,000 units changing hands.
Losses| First Caribbean International Bank lost 1 cent to close at $9.15, with trades of 17,062 units, Grace Kennedy fell 1 cent to $2.63 trading 300 shares and Trinidad & Tobago NGL closed at $22.65, losing 35 cents with an exchange of 1,000 units.
Firm Trades| First Citizens Bank closed at $32.25 trading 2,353 units, Massy Holdings traded 25,000 shares at $53 valued at $1,325,092 and National Commercial Bank was unchanged at $3.70 with only 128 units traded. Sagicor Financial traded 60,161 shares with a value of $541,449 at $9 and Scotiabank closed at $58.75 trading 167 shares.

Republic drops $2.65 on Friday

Republic Financial Holdings dropded $2.65 on Friday on the TTSE.

Republic Financial Holdings gave back a large portion of the gains made on Thursday by closing $2.65 lower on Friday on the Trinidad & Tobago Stock Exchange.
Trading ended on Friday with 11 securities changing hands compared to 16 on Thursday. At the close 2 stocks advanced, 5 declined and 4 remained unchanged.
A total of 161,647 shares traded at a value of $2,116,016 in contrast to Thursday’s 388,620 shares valued at $8,599,471.
The Composite Index lost 5.25 points to 1,237.55, the All T&T Index declined 10.90 points to 1,815.39 and the Cross Listed Index gained 0.07 points to 88.46.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 9 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| JMMB Group gained 3 cents to close at $1.28 with an exchange of 17,064 shares and Scotiabank advanced 50 cents with trades of 3,598 units to close at $58 after trading at $58.75 during the trading session.
Losses| Grace Kennedy closed at $2.63, down 1 cent with 19,400 units changing hands, Guardian Holdings lost 50 cents to close at $15 with trades of 19,040 shares, National Commercial Bank closed at $3.60, losing 1 cent with an exchange of 6,735 units. Republic Financial Holdings closed $2.65 lower to $106.35 with 6,050 units traded at a value of $631,713 and Trinidad & Tobago NGL declined 60 cents to close at $22.65 with 3,250 units changing owners.
Firm Trades| Angostura Holdings closed at $15 trading 20,940 units valued at $314,110, National Flour Mills traded 39,500 shares at $2.70, Scotia Investments closed with trades of 23,350 units at $2.19 and West Indian Tobacco held firm at $127 trading 2,720 shares valued at $345,440.

Trinidad stocks drop 6% in 2016

Trinidad Cement closed at a 52 weeks’ high on Friday.

Trinidad based companies lost nearly 6 percent of their value in 2016 as the country’s economy faced challenges during the year based primarily on the fall in the price of oil which led to the shortage of foreign exchange and slippage in the value of the country’s currency.
While the values of the Trinidad based company declined that for the wider Caribbean grew by nearly 58 percent and resulted in the Composite index rising but by only 4 percent. The market closed the year on a positive note, with the IC bid-offer Indicator | showing the strongest reading for the last two trading days of the year with just 2 stocks closing with bids that were lower than their last sale price.
Trading on Friday resulted in 11 securities changing hands compared to 13 on Thursday. Market activity ended with 5 stocks rising, 1 declining and 5 holding firm, with 262,813 shares being traded valued at $6,001,767 compared to 155,564 shares being traded valued at $1,446,576 on Thursday.
The Composite Index rose 3.37 points to end the year at 1,209.53, the All T&T Index gained 1.35 points to 1,834.23 with a year to date loss at 6 percent. The Cross Listed Index rose 0.71 points at 78.17 points with year to date gains of 57.89 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 2 with lower offers.
Gains| Clico Investments Fund gained 1 cent in trading 665 units at $22.62, First Citizens Bank had 6,760 units trading with a gain of 25 cents to end at $35, JMMB Group traded 181,727 units to end at 90 cents with a 1 cent rise. National Commercial Bank added 6,999 shares to stocks that traded and gained 10 cents to close at $3 and Trinidad Cement traded 2,000 units with a rise of 5 cents to close at a 52 weeks’ high of $4.40.
Losses| Grace Kennedy traded 730 shares but lost 1 cent to close at $2.67
Firm Trades| Massy Holdings contributed just 12,350 shares with a value of $642,200 to end at $52, Readymix West Indies closed trading with 5,000 shares trading at $10.99. Republic Financial Holdings with a volume of 44,125 shares valued at $4,784,915 changing hands, closed at $108.44, Trinidad and Tobago NGL traded 1,909 shares at $21 and Unilever Caribbean ended with 548 units trading, to end at $59.84.

6 stocks rise on TTSE – Wednesday

Sagicor Financial closed at a 52 weeks' high on Wednesday on the TTSE.

Sagicor Financial closed at a 52 weeks’ high on Wednesday on the TTSE.

Trading on the Trinidad & Tobago Stock Exchange on Wednesday resulted in 12 securities changing hands compared to 7 on Friday. Market activity ended with 6 stocks rising, 2 declining and 4 holding firm, with 318,033 shares being traded valued at $2,502,324 compared to 414,785 shares being traded valued at $1,433,699 on Friday.
The Composite Index rose 2.04 points to 1,206.16, the All T&T Index gained 1.11 points to 1,832.67 with a year to date loss at 5.94 percent. The Cross Listed Index advanced by 0.40 to end at 77.46 points with year to date gains of 56.45 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| Clico Investments Fund traded 2,000 units at $22.61 after adding 1 cent, First Citizens Bank had 5,214 units trading with a gain of 44 cents to end at $34.99, National Commercial Bank traded 145,444 units valued at $421,788 and gained 3 cents to end at $2.90. Sagicor Financial Corporation gained 7 cents to end at TTSE sum 28-12-16a 52 weeks’ high of $7.73 with 800 shares changing hands, Scotiabank gained 7 cents in trading 8,737 shares at $58.85 and Trinidad Cement traded 10,220 units with a rise of 10 cents to close at a 52 weeks’ high of $4.35.
Losses| Republic Financial Holdings with a volume of 8,193 shares valued at $888,448 being traded, closed with a loss of 1 cent at $108.44 and Trinidad and Tobago NGL fell 25 cents, in trading 6,476 shares at $21.
Firm Trades | Guardian Holdings traded 12,558 units to close at $12.65, JMMB Group traded 101,000 units to end at 89 cents, Massy Holdings contributed just 91 shares to end at $52 and LJ Williams ended with 17,300 B shares trading at 66 cents.

No trading in TCL that’s poised to rise

TCL 2 Market activity on the Trinidad & Tobago Stock Exchange on Wednesday resulted in 14 securities trading compared to 13 on Tuesday. Trinidad Cement with a bid by Cemex to acquire majority of shares at $4.50 did not trade and ended with 12,432 units on the bid at $4.07 and 127,363 units being offered at $4.50. Trading ended with 3 stocks advancing, 2 declining and 9 remaining unchanged.
The market closed with 361,588 shares trading with a value of $3,622,735 in contrast to Tuesday’s volume of 197,320 valued at $1,996,726.
The Composite Index declined 0.01 point to 1,206.02 points, the All T&T Index gained 0.14 points to 1,834.52 points, lowering its year to date loss to 5.85 percent. The Cross Listed Index lost 0.02 points to 77.17 points with year to date gains slipping to 55.87 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 7 stocks with bids higher than last selling prices and 10 with lower offers.
Gains| Clico Investment gained 5 cents to close at $22.60 with 75,378 shares changing hands at a value of $1,703,450, National Enterprises closed at $10.66, adding 1 cent with 500 shares trading and Scotia Investments closed at $1.83, a gain of 2 cents with 222 shares changing owners.
Losses| Ansa Merchant Bank closed at $40, a loss of 1 cent with 6,000 shares changing hands and Grace Kennedy was down 1 cent to $2.72 with 610 shares switching owners.
TTSE sum 7-12-16 Firm Trades| Angostura Holdings held firm at $15.50 as 75,000 shares changed hands with a value of $1,162,500, First Citizens Bank, with 4,975 shares being exchanged, closed at $34.93, and JMMB Group closed at 90 cents with 191,407 shares changing hands. Massy Holdings remained at $51 with 1,930 shares changing owners, National Commercial Bank closed trading at $2.87 and an exchange of 95 shares, National Flour Mills, with 2,151 shares switching owners, closed at $2.52. Prestige Holdings closed at $11 with an exchange of 181 shares, Sagicor Financial at $7.63 had 775 shares changing hands and Trinidad & Tobacco NGL closed at $22 with 2,364 shares changing owners.

Trading volume rebounds on TTSE

TTSE build Trading levels rebounded strongly on the Trinidad & Tobago Stock Exchange on Thursday with 513,946 shares changing hands with a value of $9,953,673, in contrast to Wednesday’s volume of 31,204 with a value of $2,125,247.
At the close of trading, 17 securities changed hands, 2 advanced, 7 declined and 8 ended unchanged.
The Composite Index gained 0.47 points to 1,191.45 points, the All T & T Index closed 0.24 points lower to 1,804.60 points, down 7.39 percent year to date. The Cross Listed Index advanced 0.16 points to 77.31 points with year to date gains of 56.15 percent.
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 gained 11 cents to close at $17.51 with 300,618 shares changing hands with a value of $5,260,821 on strong fourth quarter results and Berger Paints gained one cent to close at a 52 weeks high of $4.06 with 500 shares changing hands.
< Strong> Losses|Ansa McAL lost 6 cents to close at $61.94 with 3,242 shares changing hands, Guardian Holdings lost 5 cents with 5,524 shares changing hands to close at $12.90, JMMB Group lost 1 cent and closed at 90 cents with 5,650 shares changing hands, Massy Holdings lost 2 cents to close at $50.97 with 3,965 shares changing hands. Scotiabank closed at $58.70, down 2 cents with 184 shares changing hands, Trinidad & Tobago NGL lost 4 cents to close at $22.50 with 10,200 shares changing hands and Unilever Caribbean lost 2 cents to close at $59.85 with 1,404 shares changing hands.
TTSE sum 24-11-16 Firm Trades | Clico Investment closed at $22.60 with 100,500 shares changing hands with a value of $2,270,305, First Caribbean International Bank closed at $8.50 with 2,000 shares changing hands, National Commercial Bank closed at $2.90 with 50,000 shares changing hands. National Enterprises closed at $10.60 with 11,817 shares changing hands, Point Lisas closed at $3.70 with 750 shares changing hands. Prestige Holdings closed at $11 with 12 shares changing hands, Sagicor Financial closed at $7.50 with 7,580 shares changing hands and West Indian Tobacco closed at $127 with 10,000 shares changing hands valued at $1,270,000.

JMMB 20% higher in Trinidad

JMMB is one of four Jamaican stocks selling at a big premium on the TTSE.

JMMB is one of four Jamaican stocks selling at a big premium on the TTSE.

At the end of trading on the Trinidad and Tobago Exchange on Thursday, the four Jamaican stocks listed on the exchange were priced much higher than they are in Kingston, providing investors with good arbitrage opportunities.
The premium placed on the Jamaican stocks, ranged between 11 per cent for Scotia Investments to a high of 20 percent for JMMB Group.
Trading activity resulted in 15 securities changing hands, up from the 14 traded on Wednesday with 4 securities advancing, 3 falling, while 8 traded firm while 2 stocks closing at 52 week’s highs and 1 at a low.
The market ended with 219,147 shares changing hands with a value of $2,777,660 in contrast to Wednesday’s volume of 171,910 shares with value of $2,294,211.
The market closed with the Composite Index rising 1.87 points to close at 1,178.77. The All T & T Index gained 1.31 points to close at 1,809.30 points, down 7.14 percent for the year to date, while the Cross Listed Index advanced 0.33 points to close at 73.19 points and is up 47.83 percent for the year to date.
IC bid-offer Indicator | The investor’s Choice bid-offer indicator ended with 3 stocks with bids higher than their last selling prices and 6 with lower offers
Gains| Angostura Holdings gained 50 cents to end with 3,000 shares, to close at a 52 week’s high of $15.50, JMMB Group gained 4 cents and ended with 67,530 shares changing hands to close at a 52 weeks’ high of 90 cents, or J$17, the stock traded in Jamaica at $14.20 on Thursday. National Commercial Bank gained 2 cents to end with 10,000 shares, to close at $2.68 or J$51 compared to $44.99 the last traded price in Jamaica and Scotia Investments gained 1 cent to end with 2,000 shares to close at $1.81, (J$34.40).
< Strong> Losses| Guardian Media lost 75 cents to close with 500 shares at a 52 week’s low of $19, National Flour Mills lost 6 cents to end with 7,550 shares, to close at $2.58, Scotiabank Trinidad & Tobago lost 1 cent to end with 330 shares at $58.74.
TTSE sum 3-11-16 Firm Trades | Agostini’s closed with 43 shares changing hands at $17.40, Clico Investment Fund ended with 107,800 shares changed hands at $22.60, First Caribbean International Bank traded 1,394 shares to close at $8.10, Grace Kennedy closed with 7,000 shares at $2.55 or the Jamaica equivalent of J$48.50 versus $41.50 the stock last traded in Jamaica. Massy Holdings ended with 20 shares trading at $51, One Caribbean Media ended with 20 shares changing hands to close at $20, Sagicor Financial Corporation ended with 9,551 shares to close at $7.15 and Trinidad & Tobago NGL ended with 2,400 shares to close at $23.

First Citizens climbs 75 cents

First Citizens climbed 75 cents on TTSE on Wednesday.

First Citizens climbed 75 cents on TTSE on Wednesday.

Trading on the Trinidad and Tobago Exchange closed on Wednesday with 14 securities changing hands, down from the 15 traded on Tuesday. A total of 6 securities advanced 3 declined, while 5 traded firm.
Trading activity resulted in the volume of 171,918 shares changing hands with a value of $2,294,211 in contrast to Tuesday’s volume of 174,997 shares valued at $1,162,709.
The market closed with the Composite Index rising 1.75 points to close at 1,176.90. The All T & T Index gained 3.69 points to close at 1,807.99 points, while the Cross Listed Index declined by 0.03 points to close at 72.86 points.
IC bid-offer Indicator| The investor’s Choice bid-offer indicator ended with 4 stocks with bids higher than their last selling prices and 8 with lower offers
Gains| Agostini’s gained 10 cents to end with 1,677 shares, changing hands at $17.40, First Citizens Bank jumped 75 cents with 5,277 shares changing hands to close at $33, National Commercial Bank gained 1 cent to end with 50,000 shares closing at $2.66. National Enterprises gained 10 cents to end with 1,200 shares at $10.50, TTSE sum 2-11-16Praetorian Property Mutual Fund ended with 4,000 shares changing hands to close at $2.70 after rising 5 cents and Sagicor Financial Corporation gained 10 cents to end with 10,000 units changing hands, to close at $7.15.
< Strong> Losses| Ansa Mcal lost 18 cents with 40 shares trading to close at $62.50, JMMB Group lost 4 cents to end with 56,000 shares changing hands at 86 cents and Massy Holdings lost 42 cents to end with 29,336 shares with a value of $1,496,136 at $51.
Firm Trades| Trading firm are, Clico Investments traded 10,000 units at $22.60, First Caribbean International Bank with 606 shares to close at $8.10, Guardian Holdings closed with 570 shares to close at $13, Trinidad & Tobago NGL, ended with 2,511 shares to close at $23 and West Indian Tobacco traded 41 shares to close at $127.