In overall trading on the Trinidad & Tobago Stock Exchange on Tuesday,13 securities changed hands, 2 stocks rose, 3 declined and 8 traded with prices unchanged as a total of 157,041 shares traded, valued at $3,411,444.
At the close of the market, the Composite Index slid 1.54 points to 1,147.67, the All T&T Index remained unchanged at 1,957.29 and the Cross Listed Index fell 0.41 points to close at 44.33.
Gains| ANSA McAL contributed 1,203 shares and closed at $67.26 with a gain of a cent and Scotiabank had 4,550 shares changing hands at $62.32, up 1 cent.
Losses| Agostini’s traded 1,470 units at $17.25 down 1 cents, Massy Holdings traded 18,284 shares valued at to close at $67.02 after declining by 6 cents, National Commercial Bank also fell but by 6 cents to end at $1.52 with 7,000 shares changing hands.
Firm Trades| Angostura Holdings with 1,940 shares changing hands, to close at $14, Clico Investment Fund traded 26,590 shares valued at $598,395 and closed at $22.50, First Citizens Bank with 10,434 shares changing hands for a value of $365,190 and 
closed at $35 while Guardian Holdings added 18,284 shares valued at $515,124, to close at $12.90. National Enterprises with 3,500 shares changing hands, closed at $17.09, National Flour Mills with 2,056 shares traded closed at $2.20, Sagicor Financial Corporation added 39,682 shares valued at $238,092 to end at $6, and West Indian Tobacco traded 400 shares to close at $126.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than their last selling prices and 4 stocks with offers that were lower.
2 up 3 down on TTSE
3 new highs on TTSE
Unilever closed at a new 52 weeks high on Wednesday
At the close of the market, the Composite Index fell by 1.56 points to close at 1,159.15, the All T&T Index rose by just 0.62 points to close at 1,969.84 and the Cross Listed Index decreased by 0.50 points to end at 45.72.
Gains| Stocks increasing in price at the close are, Ansa McAL traded 900 shares to close with a gain of 1 cent at $67.06, Massy Holdings ended up with 380 units changing hands 15 cent higher at $64.25. Mora Ven Holdings, with 200 shares trading closed at a 52 weeks’ high of $14.98 as the price gained a cent. The stock was traded for the first time since April last year, according to data on the Trinidad & Tobago Stock Exchange. National Flour Mills with 1,500 shares changing hands, closed with a gain of 10 cents at $2, for a new 52 weeks’ high. Point Lisas gained 1 cent to end at $3.81 with just 300 shares trading, Unilever Caribbean contributed 3,839 shares with a value of $254,724 and gained 21 cents to end at $66.36 for another r52 weeks’ high and West Indian Tobacco closed 2 cents up to $125.33 with 94 shares trading.
Declines| The stocks declining at the end of trading are, Clico Investment Fund which lost 5 cents to close at $22.50 with 7,150 shares trading, valued at $160,888. Grace Kennedy added 1,900 shares to close 2 cents lower at $3.55, National Commercial Bank contributing just 120 shares, 5 cents lower at $1.70 and JMMB Group with a volume of 100,000 shares being traded 3 cents lower, at 47 cents.Firm Trades| Stocks closing with prices unchanged at the end of trading are, Agostini’s ending with 1,100 shares trading, in closing at $17.25. First Citizens Bank trading 9,781 shares valued at $350,181 closed at $35.80, National Enterprises with 250 shares closed at $17.20, Prestige Holdings ended with just 10 shares changing hands at $9.90 and Scotiabank traded 50 units at $62.54.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.
6 stocks up on paltry volume
Scotia sheds 47 cents on Wednesday on TTSE
At the close of the market, the Composite Index lost 0.76 points to close at 1,159.49, the All T&T Index fell by just 1.52 points to close at 1,969.42 and the Cross Listed Index remained at 45.86.
Gains| Stocks increasing in price at the close are, Ansa Merchant Bank while adding 1,000 shares, gained 1 cent in closing at $38.92, Clico Investment Fund with 1,285 shares gained 1 cent, to end the day at $22.51. Guardian Holdings with 16,854 shares changing hands, for a value of $239,301, gained a cent, in closing at $14.20, followed by Massy Holdings trading 638 shares, to close with a gain of 1 cent, at $64.01. Trinidad Cement that traded 88 shares to close with a gain of 2 cents at $2.77 and West Indian Tobacco had 148 shares trading and gained 2 cents to close at $125.27.
Declines|First Citizens Bank traded 7,017 shares with a value of $251,209 to close $35.80, down 1 cent and Scotiabank declined at the end of trading with the price shedding 47 cents to end at $62.53 while trading just 69 shares.Firm Trades|Stocks closing with prices unchanged at the end of trading are, Agostini’s with a volume of 12,611 shares being traded for a value of $217,540, closed at $17.25 and Republic Bank traded 448 shares at $115.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator shows 7 stocks with the bid higher than their last selling prices and 1 stock with a lower offer.
2 stocks gained 3 fell on TTSE
Trading on the Trinidad Stock Exchange ended with 11 securities changing hands, 2 advanced, 3 declined and 6 traded firm with a total of 195,810 units, valued at $1,518,628.
At the close of the market, the Composite Index declined by 0.12 points to close at 1,160.25, the All T&T Index fell 0.44 points to close at 1,970.94 and the Cross Listed Index increased by a mere 0.02 points to end at 45.86.
Gains| Stocks increasing in price at the close are, First Citizens Bank trading 7,313 shares with a value of $261,826, ended 1 cent higher at $35.81 and Grace Kennedy traded 139,792 shares changing hands for a value of $497,660 and gained 3 cents to close at $3.56.
Declines| Clico Investment Fund closed at $22.50 after slipping 5 cents with 3,680 shares trading, Guardian Holdings trade 4,000 units but lost 1 cent in closing at $14.19 and Trinidad Cement suffered a loss of 5 cents to close at $2.75 while trading 29,833 shares.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Agostini’s with 160 shares trading and closing at $17.25, Ansa Merchant Bank with 4,150 shares trading valued at $161,486, closed at $38.91, JMMB Group with 1,000 shares changing hands, closed unchanged at 55 cents. Massy Holdings ended at $64, while trading 5,771 shares valued at $369,344, National Enterprises traded 96 units to close at $17.30 and Republic Bank contributing just 15 shares remained at $115.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than their last selling prices and 1 with the offer that is lower.
Agostini’s sales up profits flat
Super Pharm one of Angostini’s brands
For the March quarter, profit slipped in at $17.6 million versus $18 million in the prior year. Earnings per share were the same 76 cents, the same as in the prior year.
Pharmaceutical & Personal Care Distribution segment saw increased revenues of 9 percent and profit with profit rising 16 percent from $47 million to $55 million but while revenues rose 12 percent in the Food, Construction Related & Other Trading segment but profit declined 37 percent from $19.5 million to $12.3 million
The group acquired companies in the “Fast Moving Consumer Goods” sector in Barbados and in Guyana in the first quarter. “We have made good progress. We are in the process of bringing Group benefits to these operations, and expect meaningful contributions in the future” management stated in their release with the results. The Group expects to make additional strategic investments in the near term.
Although energy prices have recently stabilised, the Trinidad & Tobago economy is expected to be negatively affected in the short to medium term, as energy prices are substantially lower than a year ago.
Based on the results, the Directors agreed to maintain the interim dividend at 22 cents per share to be paid on 22 June, 2015.The company’s stock trades on the Trinidad and Tobago Stock Exchange with the last price being $17.25 giving it a PE of 11.5 times this year’s earnings.
Agostni’s had equity of TT$579 million long term liabilities of $170.4 million and positive working capital of $317 million at March.
Light trading as 4 stocks rose
Trading on the Trinidad Stock Exchange was with 13 securities changing hands of which 4 advanced, 1 declined and 8 traded firm with a total of 510,508 units, valued at $2,696,066.
At the close of the market, the Composite Index rose 0.72 points to close at 1,153.12, the All T&T Index gained 1.43 points to close at 1,968.24 and the Cross Listed Index remained at 44.32.
Gains| Stocks increasing in price at the close are, First Citizens Bank trading only 277 shares, to close with a gain of 1 cent at $35.77. Guardian Holdings with 26,723 shares trading for $378,664, ended with a gain of 2 cents at $14.17, Massy Holdings trading 121 shares to close with a gain of 5 cents at $63.42 and Trinidad Cement with 395,056 shares changing hands for a value of $1,145,163, gained 15 cents to end the day at $2.90.
Declines| Clico Investment Fund is the sole stock declining at the end of trading with 29,500 shares valued at $665,031 but declined by 1 cent to end at $22.54.
Firm Trades| Stocks closing with prices unchanged are, Agostini’s trading 500 shares traded at $17.25, Ansa Merchant Bank contributed 3,871 shares to close unchanged at $38.90, Grace Kennedy trading 1,100 units to close at $3.49. JMMB Group trading 12,000 shares to end at 50 cents, One Caribbean Media with just 10 shares changing hands, closed at $22.30, Prestige Holdings added 17,300 shares valued at $173,006 to close at $10, Republic Bank with 50 shares, closed at $115 and Sagicor Financial Corporation contributed 24,000 shares with a value of $141,600 and closed at $5.90.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than their last selling prices and 1 with a lower offer.
Moderate price changes on TTSE
Scotia continues to move higher
At the close of the market, the Composite Index rose 1.06 points to close at 1,152.40, the All T&T Index rose 0.76 points to close at 1,966.81 and the Cross Listed Index increased by a 19 points to close at 44.32.
Gains| Stocks increasing in price at the close are, Firstcaribbean International Bank which gained just 1 cent in trading 2,000 units at $5.01. First Citizens Bank traded 3,876 shares closed with a gain of 5 cents, JMMB Group with 483,729 shares changing hands for a value of $241,835 and closed at 50 cents, after gaining 5 cents. Scotiabank gained 16 cents to end at $62.50 while trading 720 shares and West Indian Tobacco traded 432 shares to close with a gain of 2 cents to end at $125.16.
Declines| The stocks declining at the end of trading are, Agostini’s traded 796 units, lost 3 cents to end at $17.25 and ANSA Merchant Bank fell 5 cents to close at $38.90 while trading 200 shares.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund traded 43,160 shares valued at $973,258 and remained at $22.55. Grace Kennedy contributed 5,050 shares at $3.49, Guardian Media added 11,414 shares valued at $225,541 and closed at $19.76
while National Flour Mills closed at $1.60 with 300 units traded. National Enterprises traded 119 shares to close at $17.30 followed by One Caribbean Media with 47,320 shares traded at $22.30 for a value of $1,055,236, Republic Bank traded 11,113 shares valued at $1,279,950 to end at $115. Sagicor Financial Corporation contributed 45,142 shares with a value of $266,337.80, while trading at $5.90 and Trinidad Cement with 1,821 shares traded at $2.75.IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator shows 6 stocks with the bid higher than their last selling prices and just 1 with the offer that was lower.
Republic’s big drop on TTSE
Republic Bank dropped sharply by $1.83 to close at $116 for a 52 weeks low having peaked at $122 last year June and is now down 8 percent. Trading on the Trinidad Stock Exchange ended on Thursday with 15 securities changing hands of which 4 advanced, 5 declined and 6 traded firm with a total of 326,310 units, valued at $7,639,063.
At the close of the market, the Composite Index lost 2.77 points to close at 1,151.80, the All T&T Index dropped 6.01 points to 1,966.89 and the Cross Listed Index increased by a mere 0.07 points to 44.15.
Gains| Stocks increasing in price at the close are, Clico Investment Fund trading 40,600 shares valued at $915,530, advanced 1 cent, to end at $22.55, First Citizens Bank trading 5,607 shares valued at $199,038 to close with a gain of 4 cents, at $35.50. Sagicor Financial Corporation trading 33,255 shares valued for $198,831, closing with a gain of 20 cents at $6 and Unilever Caribbean had just one stock trading to close with a gain of 1 cent, at a new 52 weeks’ high of $66.03.
Declines| The stocks declining at the end of trading are, Scotia Investments with 8,088 shares value lost 2 cents to end at $1.53, Guardian Holdings with a mere 12 shares to close down 2 cents at $14.48. National Commercial Bank with 5,000 shares, declined 1 cent to close at $1.50, Republic Bank lost ground but contributed 25,527 shares, with a value of $2,961,132 to trading and Trinidad Cement with only 43 shares changing hands, fell 1 cent to $2.55.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Agostini’s with 188,070 shares valued at $3,249,850 to end at $17.28, Flavorite Foods added 14,072 shares and closed at $4.80. Guardian Media with 805 shares changing hands, ended at $19.76, National Flour Mills trading 5,000 shares at $1.55, National Enterprises had only 130 shares trading to end at $17.35 while Prestige Holdings in trading 100 shares finished at $10.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than their last selling prices and just 1 with a lower offer.
TTSE closes quarterly quietly
Trading on the Trinidad Stock Exchange was very moderate. Only 10 securities changed hands of which 1 advanced, 3 declined and 6 traded firm with a total of a mere 50,818 units, valued at $1,434,176.
At the close of the market, the Composite Index lost 0.46 points to close at 1,154.25, the All T&T Index rose fell by just 0.08 points to close at 1,971.96 and the Cross Listed Index fell 0.13 points to end at 44.12.
Gains| The only stocks increasing in price at the close is, First Citizens Bank that had 4,063 shares valued at $143,708 changing hands by climbing 2 cents to end at $35.37.
Declines|The stocks declining at the end of trading are, Clico Investment Fund with only 1,800 shares trading, declining by 9 cents, to end at $22.51, Firstcaribbean International Bank trading 1,541 shares to close with a loss of 3 cents, at $5 and Massy Holdings trading 5,655 shares with a value of $356,267 to close with a loss of 1 cent, at $63.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Agostini’s with just 10 shares ended trading at $17.29, Angostura Holdings with 7,000 shares trading, ended at $14, Guardian Holdings with 27,086 shares changing hands for a value of $392,747, closed at $14.50. National Commercial Bank trading 300 units to close at $1.56, One Caribbean Media traded 21 units to close at $22.30 and Republic Bank contributed 3,342 shares with a value of $394,122 as the price closed unchanged at $117.93.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than their last selling prices and 3 stocks with offers that were lower.
6 TTSE stocks down 3 up
Trading on the Trinidad Stock Exchange ended with 11 securities changing hands of which 3 advanced, 6 declined and 2 traded firm with a total of 149,963 units, valued at $5,020,193.
At the close of the market, the Composite Index rose 0.04 points to close at 1,154.86, the All T&T Index fell by just 0.25 points to close at 1,972.38 and the Cross Listed Index increased by a mere 0.05 points to end at 44.23.
Gains| Stocks increasing in price at the close are, First Citizens Bank that added 11,480 shares valued at $405,721 as the price inched up 2 cents to $35.35. Sagicor Financial Corporation traded 2,500 shares and gained 5 cents to end at $5.55 and West Indian Tobacco in contributing 18,144 shares with a value of $2,269,089, gained 1 cent, to end at $125.06 for a 52 weeks’ high.
Declines| The stocks declining at the end of trading are, Agostini’s suffering a loss of 9 cents, closing at $17.29 while trading 14 shares. Angostura Holdings trading 350 units to close at $14, Guardian Holdings contributing 1,000 shares and closing unchanged at $ 14.50, Massy Holdings with 27,655 shares trading for $1,742,309, lost a cent to end at $63, National Commercial Bank with 10,942 shares ending at $1.56 and Republic Bank with 474 shares traded lost 6 cents in ending at $117.93.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund traded 14,825 shares valued at $333,565 and remained at $22.50 and Trinidad Cement with 63,029 shares changing hands for a value of $163,727 as it traded at $2.60
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.
