Trading on the Trinidad Stock Exchange picked up somewhat on Wednesday with 17 securities changing hands, of which 5 advanced, 5 declined and 7 traded firm, with 326,210 units changing hands, with a value of $5,424,483.
The Composite Index gained 1.33 points to close at 1,149.75, the All T&T Index rose 1.62 points to close at 1,983.82 and the Cross Listed Index increased by a mere 0.14 points to end at 41.33.
Gains| Stocks increasing in price at the close are, First Citizens trading 1,460 shares to gain a cent at $35.53, Guardian Holdings traded 4,278 shares valued at $58,823 to close with a gain of 25 cents to $13.75, Jamaica Money Market Brokers with 68,624 shares changing hands for a value of $30,807, closed at 45 cents, Massy Holdings with 3,115 units closed with a 2 cents gain, at $68.53 and Trinidad Cement with 32,500 shares for a value of $80,575, gained 33 cents to end the day at $2.59.
Declines| The stocks declining at the end of trading are, National Enterprises with 5,060 shares as it lost a cent in ending at $17.79, Praetorian Property Mutual Fund declined by 15 cents to end at $3.40 while it traded 4,000 units, Republic Bank exchanged 3,031 shares for 5 cents lower, to end at $121.85, Sagicor Financial Corporation contributed 15,383 shares with a value of $99,220 to close at $6.45 down by 5 cents, while Scotiabank with 5,100 shares traded down 9 cent to $63.40 for a new 52 weeks low, and remains weak at the end of trading.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Agostini’s trading just 50 units at $17.37, Angostura Holdings added 7,000 shares, valued at $89,250 at $12.75, ANSA McAL with 3,110 shares closed at $66.30, Clico Investment Fund traded 172,000 shares valued at $3,787,401 to end at $22, Prestige Holdings traded 433 shares at $9.40, Scotia Investments with 1,000 shares closed at $1.40 and Unilever Caribbean closed at $63.13 while trading 66 units
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than the last selling price and there was no stock with an offer lower.
Trading picks up & TCL up 33c on TTSE
Activity continues to be low on TTSE
Trading on the Trinidad Stock Exchange on Monday was moderate, with 10 securities changing hands of which 1 advanced, 1 declined and 8 traded firm, with 105,220 units changing hands, carrying a value of $5,004,784.
The Composite Index barley rose by 0.01points to close at 1,150.10, the All T&T Index rose by just 0.02 points to close at 1,985.56 and the Cross Listed Index was unchanged at 41.19.
Gains| Massy Holdings (now the official name of the former Neal & Massy) was the sole stocks increasing in price at the close, with 52,030 shares changing hands, for a value of $3,564,582 as the price closed at $68.51, with the gain of a cent.
Declines| Clico Investment Fund traded 14,400 shares, valued at $317,003 and closed at $22.01, down a cent to be the sole declining stock, at the end of trading.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Angostura Holdings with 11,870 shares traded for $151,343, to end at $12.75, ANSA McAL added 8,814 shares valued at $584,363 to close at $66.30, First Citizens traded 3,410 shares to close at $35.51, Guardian Holdings contributed 10,000 shares with a value of $143,000 and closed at $14.30, Jamaica Money Market Brokers with 3,663 shares, closed at 41 cents and West Indian Tobacco 1,033 units traded to close with a gain of a cent to $118.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than the last selling price and 2 stocks with offers that were lower.
Stocks trading climb, price changes moderate
The number of securities trading on the Trinidad Stock Exchange shot up to 17 on Friday, of which 5 advanced, 4 declined and 8 traded firm, with 506,074 units changing hands, with a value of $2,032,984.
The Composite Index lost 0.39 points to close at 1,150.09, the All T&T Index fell by 0.77 points to close at 1,985.54 and the Cross Listed Index remained at 41.19.
Gains| Stocks increasing in price at the close are ANSA McAL with a 1 cent gain to $66.30 with 1,070 shares trading, Clico Investment Fund with 28,600 shares, valued at $629,516, advanced by a cent to end at $22.01, Massy Group traded 4,000 shares to close with a cent gain of end at $68.51, National Flour with 2,001 shares closed up a cent at $1.11 and Trinidad Cement with 287,305 shares changing hands for a value of $581,481, increased 5 cents to $2.05, as investors regain confidence in the stock, now that the company reported improved results, in the second quarter.
Declines| The stocks declining at the end of trading are Agostini’s with just 10 units to close with a loss of 2 cents at $17.37, First Citizens closed at $35.51 in exchanging 4,947 units with a 1 cents loss, National Enterprises lost 6 cents to close at $17.90 in trading 70 shares and Scotia Investments with 2,706 shares closed at $1.40 and lost a cent.
Firm Trades| Stocks closing with prices unchanged at the end of trading are Angostura Holdings in contributing 13,130 shares with a value of $167,408, to close at $12.75, Flavorite Foods had just 20 shares trading at $5.75, Guardian Holdings with 3,280 shares, closed at $14.30, Jamaica Money Market Brokers with 151,847 shares traded for $62,257, closed at 41 cents, while National Commercial Bank added 6,938 shares valued at $7,285 to close at $1.05, Prestige Holdings 35 units were traded at $9.40, Republic Bank with 40 shares closed at $121.90 and Scotiabank with 75 units struggles at $63.49.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than the last selling price and no stock with the offer lower.
Only 3 Stocks rose to 4 declining on TTSE
Trading on the Trinidad Stock Exchange on Monday was moderate, with 11 securities changing hands, of which 3 advanced, 4 declined and 4 traded firm, as 319,652 stock units changing hands, with a value of $4,016,204.
The Composite Index lost 0.49 points to close at 1,151.79, the All T&T Index fell by just 0.85 points to close at 1,988.75 and the Cross Listed Index fell by a mere 0.01 points to end at 41.22.
Gains| Stocks increasing in price at the close, are Guardian Holdings with 14,793 shares valued at $211,540 and ended up a cent at $14.30, National Enterprises traded 66 shares to close at $18, up a cent, Trinidad Cement with 137,014 shares changing hands for a value of $261,658, closed with a gain of a cent to $1.91.
Declines| The stocks declining at the end of trading are, First Citizens in trading only 420 shares to close a cent down at $35.99, Massy Group with 14,934 shares valued at $1,022,994 to close down 43 cents at $68.50, Republic Bank lost a cent to close at $121.93, while trading 262 units and Scotia Group lost a cent to close at $63.49 while trading only 70 units, for a new 52 weeks’ low.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Angostura Holdings with 66,870 shares for $852,593 and closed at $12.75, Clico Investment Fund with 69,480 shares valued at $1,528,560 at $22, Sagicor Financial traded 12,500 shares at $6.53 and Scotia Investments traded 3,243 units to close at $1.40.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than the last selling price and 2 stocks with offers that were lower.
Declines dominate post emancipation trades
Trading on the Trinidad Stock Exchange on Monday, the trading day after the market closed for Emancipation day, was low with 13 securities changing hands of which only 1 advanced, 6 declined and 6 traded firm, with 59,661 stocks changing hands at a value of $1,557,124.
The Composite Index lost 1.86 points to close at 1,158.95, the All T&T Index fell by 3.59 points to close at 2,002.32 and the Cross Listed Index fell 0.02 points to end at 41.31.
Gains| Stocks increasing in price at the close, are National Flour Mills in contributing 9,834 units with a value of $10,326 and gained 5 cents, to end at $1.05.
Declines| The stocks declining at the end of trading, are Clico Investment Fund that traded 8,544 units valued at $183,775, the price declined by 10 cents to end at $21.60, First Citizens traded 2,165 units to close down by 66 cents at $36, Prestige Holdings shed a cent, while trading 2,000 units at $9.40, Republic Bank added 7,666 shares valued at $935,142, but the price fell by a cent to $121.99, Sagicor Financial Corporation with 12,500 shares changing hands for a value of $83,075, closed at $6.63, down 3 cents, Scotiabank traded 771 units but the price slid 73 cents, to close at a new 52 weeks low of $65.99.
Firm Trades| Stocks closing with prices unchanged at the end of trading are Agostini’s with 500 units, to close at $17.45, Angostura Holdings with 2,000 shares ended at $12.75, Grace Kennedy traded only 248 units at $3.45, Guardian Holdings with 11,000 shares traded for $157,300, ended at $14.30, while, National Commercial Bank with 833 shares, closed at $1.05 and Trinidad Cement closed at $1.90 while trading 1,600 shares.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bids higher than their last selling price and no stock closed with an offer that was lower.
Scotia finally drops, down $1.65 on TTSE
In Thursday’s trading on the Trinidad Stock Exchange, Scotiabank finally, gave up a fair amount of the past gain in stock price that was no longer merited, based on the fall in second quarter results, dropping $1.65 to close at $66.72 for a new 52 weeks low. The stock has been setting, to suffer a sharp fall, for three weeks but small volumes, resulted in the price inching down each day that it traded.
Elsewhere in trading 16 securities changed hands of which 3 advanced, 7 declined and 6 traded firm with 280,074 stocks changing hands, with a value of $4,257,707. The Composite Index lost 3.93 points to close at 1,160.81, the All T&T Index fell by 6.47 points, to close at 2,005.91 and the Cross Listed Index fell by a mere 0.18 points to end at 41.33.
Gains| Stocks increasing in price at the close, are Ansa Merchant Bank with 1,237 shares closing up 1 cents at $39.11, a new 52 weeks high. Clico Investment Fund traded 8,244 units, valued at $178,895, advanced by 2 cents to end at $21.70, Point Lisas Industrial Port Development gained 5 cents, to end at $4.20, a new 52 weeks high, while trading 13,400 shares with a value of $194,772.
Declines| The stocks declining at the end of trading are First Citizens Bank traded 350 units at $36.66, to decline by 34 cents, Jamaica Money Market Brokers with 20,571 shares, the price lost 4 cents to end at 41 cents, followed by Massy Group with 4,196 units at $69 after losing 40 cents, National Flour Mills traded 1,000 shares to close at $1 for a loss of a cent, Sagicor Financial Corporation contributed 29,245 shares as it lost a cent, to end at $6.66, Scotiabank with a volume of 40,719 shares traded for $2,717,546, closed down $1.65 at $66.72 and Trinidad Cement with 139,410 shares changing hands, for a value of $264,879, closed 3 cents lower at $1.90.
Firm Trades| Stocks closing with prices unchanged at the end of trading, are Angostura Holdings with 500 shares at $12.75, Grace Kennedy exchanged 6,000 shares to close at $3.45, Guardian Holdings with 10,202 shares valued at $145,889 to end at $14.30, National Commercial Bank contributed just 2,000 shares as the price closed at $1.05, National Enterprises traded 450 units to close at $18 and West Indian Tobacco with 2,550 shares at $118.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bid higher than the last selling price and 1 stock with the offer that was lower.
First Citizens Jump $1.48 on TTSE
First Citizens Jumped $1.48 in trading on the on the Trinidad Stock Exchange on Wednesday the day after the market was closed for trading. Overall market activity was moderate, with only 10 securities changing hands, of which 3 advanced, 3 declined and 4 traded firm with 168,713 stocks changing hands, with a value of $1,888,988. 
The Composite Index rose 2.65 points to close at 1,164.74, the All T&T Index gained 5.99 points to close at 2,012.38 and the Cross Listed Index fell by a mere 0.09 points to end at 41.51.
Gains| Stocks increasing in price at the close, are Clico Investment Fund with 20,421 units valued at $442,143, the price gained 3 cents to $21.68, First Citizens Bank traded 18,790 shares valued at $688,926, and the price jumped $1.48 to end the day at $37 and Prestige Holding gained a cent to close at $9.41 with 14,000 shares changing hands.
Declines| The stocks declining at the end of trading are Massy Group with 801 units traded to close down a cent at $69.40, Sagicor Financial Corporation traded 400 units to close at $6.67, down 1 cent and Scotia Investments contributed 29,757 shares with a value of $41,719.80, while declining by 10 cents to close at $1.40.
Firm Trades| Stocks closing with prices unchanged at the end of trading are Angostura Holdings with a volume of 29,900 shares for $381,225 to close at $12.75, Guardian Holdings traded 3,672 shares at $14.30, National Commercial Bank with 50,639 shares changing hands for a value of $53,171, closed at $1.05 and West Indian Tobacco traded 333 shares to close at $118.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with bids higher than their last selling prices and 3 stocks with offers that were lower.
Activity picked up, will it last?
The market saw a pick-up in trading, with 19 securities being active, of which 6 advanced, 3 declined and 10 traded firm with 1,112,248 stocks trading, valued at $15,182,744.
The Composite Index lost 0.40 points to close at 1,180.79, the All T&T Index rose by 0.24 points to close at 2,018.14 and the Cross Listed Index fell 0.14 points to close at 45.02.
Gains| Stocks increasing in price at the close are, ANSA Mcal trading 100 shares, to close at $66.45, up a cent, Guardian Holdings traded 3,000 units, as the price rose a cent, to $13.51, Jamaica Money Market Brokers with 218,853 shares traded for $109,249, gained 2 cents, to close at 50 cents, National Flour Mills with 543,441 shares changing hands for a value of $590,815, rose 2 cents to end at $1.09 and One Caribbean Media stock price rose by 6 cents, to end the day at $20.46 as 10,401 units were traded, and it closed at a new 52 weeks high and Point Lisas Industrial Port Development traded 500 units, to close with a 4 cents loss, at $3.75.
Declines| Agostini’s traded 200 shares and lost a cent to end at $17.57, Prestige Holdings with 6,280 shares, traded at $9.37, with a fall of 4 cents and Sagicor Financial Corporation added 65,237 shares valued at $440,350 and lost 27cents, to close at $6.75.
Firm Trades| Stocks closing with prices unchanged at the end of trading, are Angostura Holdings which exchanged 56,200 shares, valued $3,734,490 and closed at $13, Ansa Merchant Bank with 1,074 shares, closed at $38.49, Clico Investment Fund closed at $21.58 with 1.945 units changing hands, First Citizens Bank exchanged 10,063 units at $38.50, with a value of $387426, Firstcaribbean International Bank with 37,610 shares changing hands for a value of $206,855, closed at $5.50, while Neal & Massy with 5,705 shares closed at $67, Praetorian Property Mutual Fund with 5,000 shares changing hands, closed at $3.40, Scotiabank with 3,797 shares changing hands closed at $70, Trinidad Cement with 44,917 shares closed at $2 and West Indian Tobacco contributed 97,925 shares with a value of $11,555,150 to close at $118.
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.
PE ratio weekly moves| Prices for quite a few stocks changed during the week, but with moderate effect on the PE ratios. Biggest losers were, Trinidad Cement which pushed the potential gain to 615 percent and National Flour Mills that fell to $1.07 from $1.20 at the start of the week and saw the potential gains, climbing to 229 percent, up from 193 percent last week. Guardian Holdings made moderate gains and Citizens continued its recovery, by closing at $38.51 on the bid, up from $38.02 last week. One Caribbean Media and Neal and Massy both closed at new 52 weeks highs, but still has more to gain as they remain undervalued. The average PE ratio for the market is at 14, with 7 stocks trading below and 3 trading just above the average.
