Trading on the Trinidad & Tobago Stock Exchange on Friday resulted in a turnaround in the fortunes of the exchange with the market indices breaking the 6 days losing streak as 12 securities changing hands compared to 14 on Thursday with 6 stocks rising and no declines.
The market closed with 761,387 shares exchanged at a value of $3,029,637 up from Thursday’s 128,271 units valued at $1,640,227.
The Composite Index rose 0.47 points to 1,214.11, the All T&T Index gained 0.36 points to 1,793.40 and the Cross Listed Index was up 0.08 points to close at 85.09.
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| Grace Kennedy gained 4 cents to close at $2.85 exchanging 19,137 shares, Guardian Holdings closed at $16.02, with gains of 2 cents trading 4,302 shares, Point Lisas closed at a 52 weeks’ high of $4.05,
gaining 5 cents with 480 shares changing hands. Sagicor Financial gained 1 cent to close at $8.99, with an exchange of 5,000 shares, Scotiabank traded 1 cent higher, closing at $58.01 with trades of 3,921 shares and Trinidad & Tobago NGL gained 14 cents and closed at $20.75, with 3,346 shares trading.
Firm Trades| Angostura Holdings held firm at $15 trading 5,000 shares, Ansa Merchant Bank exchanged 8,000 shares at $40 valued at $320,000, Clico Investment closed at $22.51 exchanging 2,583 shares. First Caribbean International traded 21,000 shares at $7.75, JMMB Group closed at $1.27, with an exchange of 288,168 shares valued at $366,549 and NCB Financial Group traded 400,000 shares valued at $1,580,000 at $3.95.
TTSE turns positive on Friday
Government selling more shares
T&TNGL dropped on TTSE on Wednesday based o more shares to be sold by TT Government..
Trinidad & Tobago NGL’s stock price fell 86 cents to $21.13 on the Trinidad & Tobago stock Exchange on Wednesday. This comes on the heels of the Government of the Republic of Trinidad and Tobago’s intent to make an offer for an additional sale of 40,248,000 shares by National Gas Company.
The market saw trading in 19 securities compared to 17 on Tuesday with 2 stocks advancing, 4 declining and 13 remaining unchanged. A total of 328,366 shares changed hands valued at $8,363,330 compared to Tuesday’s 449,650 shares valued at $12,647,675.
The Composite Index fell 1.90 points to 1,214.94, the All T&T Index declined 2.76 points to 1,794.79 and the Cross Listed Index was down 0.14 points to close at 85.12.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 8 with lower offers.
Gains| JMMB Group closed at $1.28, with a 1 cent gain trading 21,142 shares and NCB Financial Group gained 5 cents to close at $4, exchanging 148,884 shares valued at $591,330.
Losses| Ansa McAL closed at $66, with a loss of 39 cents exchanging 1,425 shares, Clico Investment lost 1 cent, closing at $22.50, with an exchange of 50,615 shares valued at $1,138,945, Scotia Investments traded 23 cents lower to close at $2.45 with 650 shares changing hands and Trinidad & Tobago NGL exchanged 7,609 shares at $21.13, after losing 86 cents.
Firm Trades| Angostura Holdings traded 1,400 shares at $15, Ansa Merchant Bank closed at $40, with an exchange of 2,171 shares, First Citizens remained at $31.85 trading 1,000 shares, First Caribbean International exchanged 7,223 shares at $7.75. Guardian Holdings traded 6,479 shares at $16, Massy Holdings held firm at $51.45 exchanging 1,300 shares, National Enterprises closed at $10.50, with an exchange of 14,718 shares, Prestige Holdingsclosed at $10.90, with trades of just 5 shares. Readymix was unchanged at $11, with 1,345 shares changing hands, Republic Financial Holdings traded 56,190 shares at $101.92 valued at $5,726,885, Sagicor Financial closed at $8.99 exchanging 2,000 shares, Scotiabank remained at $58, with trades of 926 shares and Trinidad Cement held firm trading 3,284 shares at $4.20 .
9 shares fall 2 rise on TTSE
Declining stocks dominated trading on the Trinidad & Tobago Stock Exchange on Tuesday with 9 declining and just 2 stocks advancing while 6 remained unchanged, as 17 securities changed hands compared to 13 on Monday. Overall 417,217 shares traded valued at $11,971,869 compared to Monday’s 2,083,671 shares valued at $22,380,356.
The Composite Index lost 1.89 points to 1,216.84, the All T&T Index fell 0.97 points to 1,797.55 and the Cross Listed Index lost 0.39 points to close at 85.26.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 3 stocks with bids higher than last selling prices and 7 with lower offers.
Gains| Clico Investment rose 1 cent to close at $22.51, in trading 32,433 shares with a value of $729,806 and Republic Financial Holdings rose 7 cents to close at $10.92 in exchange of 48,997 shares valued at $4,778,128.
Losses| Angostura Holdings shed 1 cent and closed at $15 with 6,567 shares, changing hands, JMMB Group lost 3 cents to close at $1.27, trading 5,395 shares. Massy Holdings lost 3 cents to end at $51.45, with an exchange of 3,710 shares, National Flour fell 5 cents to close at $2.35 with 1,700 units changing hands, NCB Financial Group traded 16,195 shares at $3.95 after falling 5 cents, One Caribbean Media fell 60 cents in trading 221 shares at $16, Sagicor Financial traded 1 cent lower to close at $8.99, trading 40,545 shares valued at $364,500,
Scotia Investments lost 1 cent to close at $2.68, with 12,000 changing hands and West Indian Tobacco closed at $126.44, with a loss of 4 cents trading 420 shares.
Firm Trades| First Citizens closed at $31.85 with 124,718 shares valued at $3,972,270 exchanged, Guardian Holdings closed at $16, trading 140,026 shares valued at $2,240,416, National Enterprises closed at $10.50, in exchanging 500 shares and Scotiabank held firm at $58, with 1,493 shares trading, Trinidad & Tobago NGL closed at $21.99, with an exchange of 50 shares and Trinidad Cement traded 16,780 shares at $4.20.
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.
Falling prices dominate TTSE – Friday
Prices remained under pressure on the Trinidad & Tobago Stock Exchange, Friday. Trading activity resulted in 17 securities changing hands compared to 18 on Thursday and declining stocks had the upper-hand over advancers by a 3 to 1 margin.
At the close, 2 stocks advanced, 6 declined and 9 were unchanged with a total of 255,656 shares changing hands at a value of $5,727,353 compared to Thursday’s 687,180 shares valued at $7,029,562.
The Composite Index fell 2.57 points to 1,218.77, the All T&T Index gained 0.07 points to 1,798.63 and the Cross Listed Index lost 0.71 points to close at 85.65
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 3 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| Angostura Holdings closed at $15.01, with a 1 cent gain in exchanging 60 shares and Guardian Holdings gained 20 cents to close at $16, trading 81,234 shares valued at $1,299,354.
Losses| Ansa McAL closed at $66.39, with a loss of 11 cents trading 4,156 shares, First Citizens lost 14 cents, closing at $31.85 with 81,000 shares exchanged at a value of $2,579,850. First Caribbean International closed at $7.76, after losing 24 cents with 50,051 shares valued at $388,396 trading. Sagicor Financial traded 1 cent lower to close at $9.01, with an exchange of 5,176 shares, Trinidad & Tobago NGL lost 1 cent to close at $21.99, with an exchange of 306 shares and 
West Indian Tobacco closed at $126.48, with a loss of 1 cent trading 1,257 shares.
Firm Trades| Clico Investment traded 12,011 shares at $22.50, JMMB Group closed at $1.30, with an exchange of 1,500 shares and Massy Holdings remained at $51.48, with an exchange of 1,950 shares. L.J. Williams 8% preference share exchanged 12 shares at $3.30, NCB Financial Group traded 1,000 shares at $4 and Point Lisas closed at $4 trading 1,000 shares. Prestige Holdings exchanged 2,359 shares at $10.90, Scotiabank held firm at $58, with trades of 9,584 shares valued at $556,142 and Scotia Investments was unchanged at $2.69, with 3,000 changing hands.
Sagicor dominates trading on TTSE
Sagicor dominated trading on the TTSE on Monday.
Market activity on the Trinidad & Tobago Stock Exchange on Monday saw increased volume over Friday’s level but with the value being lower. Sagicor Financial traded the largest volume of shares and 75 percent of the market value.
At the close, 4 stocks advanced, 2 declined and 8 were unchanged. A total of 1,141,204 shares were exchanged at a value of $11,232,310 compared to Friday’s 607,866 shares valued at $22,247,214.
The Composite Index fell 0.85 points to 1,222.02, the All T&T Index gained 0.16 points to 1,801.07 and the Cross Listed Index lost 0.26 points to close at 86.22.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 7 stocks with bids higher than last selling prices and 3 with lower offers.
Gains| Agostini’s gained 1 cent to close at $18.51 trading 800 units, Guardian Holdings closed at $15.51, with gains of 7 cents exchanging 23,881 shares valued at $370,158, Sagicor Financial gained 1 cent to close at $9.01 with trades of 941,250 shares valued at $8,480,663 and Trinidad & Tobago NGL closed at $22.50, gaining 1 cent, with 62,639 units changing hands valued at $1,408,546.
Losses| Calypso Macro Index Fund lost 38 cents to close at a 52 weeks’ low of $21.50, exchanging 300 units, Scotia Investments traded 5 cents lower to close at $2.70, with 93,463 units changing hands.
Firm Trades| Ansa Merchant Bank closed at $40 with 856 units traded, Clico Investment closed at $22.52 with trades of 1,126 shares,First Caribbean International closed at $8, trading 1,000 shares, JMMB Group traded 1,000 shares at $1.25. National Flour Mills closed at $2.52, with an exchange of 1,000 shares, Prestige Holdings closed at $11.01 with 35 units changing owners, Scotiabank remained at $58.06 while trading 10,555 units valued at $612,823 and Trinidad Cement exchanged 3,299 units at $4.20.
Biggest 2017 trading day for TTSE
The Trinidad & Tobago Stock Exchange closed out April with the biggest trading day on Friday resulting the highest number of securities trading with the highest dollar for the year. A total of 19 securities changed hands, accounting for 607,866 shares valued at $22,247,214, compared to 13 on securities trading on Thursday.
Trading closed with Ansa McAL and Republic Financial Holdings accounting for 69 percent of traded value. Overall 3 stocks advanced, 6 declined and 10 holding firm. On Thursday trading resulted in 167,340 shares valued at $2,265,872.
The Composite Index declined 2.61 points to 1,222.87, the All T&T Index fell 1.87 points to 1,800.91 and the Cross Listed Index lost 0.46 points to close at 86.48.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 6 stocks with bids higher than last selling prices and 3 with lower offers.
Gains| Massy Holdings gained 2 cents and closed at $51.45 with 185 units changing owners, Prestige Holdings closed at $11.01, with a 1 cent gain exchanging 15 shares and Republic Financial Holdings gained 10 cents, closing at $102 with 60,818 shares changing hands valued at $6,203,436.
Losses| First Caribbean International closed at $8, losing 10 cents trading 1,025 shares, Guardian Holdings lost 6 cents to close at $15.44, with an exchange of 29,948 shares valued at $463,471, JMMB Group traded 4 cents lower to close at $1.25 while exchanging 16,760 units. Readymix closed $1.44 lower at $11.06 trading 2,710 units, Sagicor Financial lost 5 cents, closing at $9 with trades of 65,254 shares valued at $588,173 and Trinidad & Tobago NGL closed at $22.49, losing 1 cent with an exchange of 196,575 shares valued at $4,417,061.
Firm Trades| Angostura Holdings closed at $15 with 10,000 units traded, Ansa McAL closed at $66.50 while trading of 138,271 shares valued at $9,195,022, Clico Investment traded 664 shares at $22.52, National Enterprises closed at $10.50 with trades of 550 units, National Flour Mills closed at $2.52 with 54,380 units changing hands,One Caribbean Media exchanged 1,637 units at $16.85. Scotia Investments traded 13,000 units at $2.75, Scotiabank exchanged 15,939 shares at $58.06 valued at $925,435, Unilever Caribbean closed at $57 trading 35 units, after trading at an 52 weeks’ intraday low of $53 and West Indian Tobacco rose 1 cent to $127 with 100 units changing hands.
TTSE still consolidating
Trading volume picked up in trading on the Trinidad & Tobago Stock Exchange on Friday from Thursday’s low level but the value of stocks traded ended up just slightly lower as the number of securities rose.
Market activity resulted in 17 securities changing hands compared to 12 on Thursday with 5 stocks advancing, 2 declining and 10 holding firm. Trading closed with an exchange of 229,684 shares valued at $1,612,238 compared to Thursday’s 70,937 shares valued at $1,807,695.
The Composite Index gained 1.71 points to 1,233.30, the All T&T Index advanced 8.77 points to 1,802.33 and the Cross Listed Index lost 0.74 points to close at 89.13.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 10 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Angostura Holdings gained 10 cents to close at $15 exchanging 5,000 units, Clico Investment closed at $22.51, with a 1 cent gain, trading 1,000 units, Guardian Holdings closed at $15.45, gaining 45 cents with an exchange of 20,186 shares valued at $311,597. National Enterprises traded 49 cents higher to close at $10.50, with 1,038 shares changing hands and Readymix closed at $12.62, gaining 12 cents in the process with 600 units trading.
Losses| First Caribbean International Bank 
closed at $8.60, with a loss of 15 cents exchanging 11,851 shares and Sagicor Financial lost 10 cents to close at $9, with 10,494 shares changing owners.
Firm Trades| Ansa McAL closed at $66.50 trading 650 units, First Citizens traded 590 shares at $32, Grace Kennedy closed at $2.70 with trades of 135,978 units valued at $367,141, JMMB Group exchanged 31,617 shares at $1.31, National Flour Mills closed at $2.56 with an exchange of 520 shares. Scotia Investments traded 1,955 units at $2.70, Scotiabank exchanged 7,027 shares at $58 valued at $407,816, Trinidad Cement held firm at $4.22 with just 10 shares changing hands. Trinidad & Tobago NGL was unchanged at $22 trading 430 shares and West Indian Tobacco closed at $127 with 738 units traded.
60% of trading for Trinidad Cement
Trinidad Cement closed at a 52 weeks’ high on Friday.
At the close 14 securities changed hands with 3 trading higher 4 declining and 7 trading unchanged compared to 13 trading on Tuesday. A total of 583,316 shares traded at a value of $3,038,295 compared to Tuesday’s 262,613 shares valued at $6,532,372.
The Composite Index declined 1.13 points to 1,230.77, the All T&T Index dropped by 6.54 points to 1,793.38 and the Cross Listed Index gained 0.59 points to close at 89.67.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 7 stocks with bids higher than last selling prices and 7 with lower offers.
Gains| JMMB Group gained 1 cent to close at $1.31 exchanging 115,911 units, NCB Financial Group advanced 10 cents to $3.99 trading 2,480 shares and Trinidad Cement closed at $4.22, gaining 2 cents with an exchange of 440,340 units valued at $1,857,749.
Losses| Clico Investment lost 1 cent to close at $22.50 trading 7,444 shares,
Massy Holdings was down 2 cents, closing at $51.48 with 3,000 shares changing owners, Grace Kennedy closed at $2.69, losing 1 cent exchanging 333 units and National Enterprises fell 59 cents to close at $10.01 with trades of 500 shares.Firm Trades| Ansa McAL closed at $66.50 trading 1,571 units, Ansa Merchant Bank exchanged 1,000 shares at $40, National Flour Mills closed at $2.56 with an exchange of 431 units. Republic Financial Holdings exchanged 3,524 shares at $101.90 valued at $359,096, Sagicor Financial held firm at $9.10 trading 2,161 shares, Scotiabank was unchanged at $58 trading 1,851 shares and Trinidad & Tobago NGL remained at $21.40 exchanging 2,770 shares.
Massy dominant on TTSE on Tuesday
Massy Holdings was the leading trade accounted for more than 50 percent of traded value on the Trinidad & Tobago Stock Exchange on Tuesday. Market activity resulted in 13 securities exchanged compared to 16 on Thursday as 2 stocks advanced, 3 declined and 8 were unchanged.
Trading closed with 262,613 shares changing hands at a value of $6,532,372 compared to Thursday’s 437,400 shares valued at $7,816,009.
The Composite Index declined 0.77 points to 1,231.90, the All T&T Index fell 0.55 points to 1,799.92 and the Cross Listed Index was down 0.13 points to close at 89.08.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 7 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Clico Investment gained 1 cent to close at $22.51, with 43,661 units valued at $982,394 changing hands and Trinidad & Tobago NGL closed at $21.40, gaining 28 cents exchanging 13,161 units.
Losses| Guardian Holdings traded 20 cents lower to close at $15.25 with an exchange of 500 shares, JMMB Grouplost 5 cents, closing at $1.30 with 84,655 shares changing ownership 
and Sagicor Financial closed 5 cents lower at $9.10 trading 540 units.
Firm Trades| Angostura Holdings traded 34,900 shares at $14.90 valued at $520,050, Ansa McAL closed at $66.50 with trades of 67 units, Massy Holdings exchanged 68,195 shares valued at $3,512,098 shares to end at $51.50, National Enterprises closed at $10.60 with an exchange of 2,312 units. Prestige Holdings closed at $11 trading 2,279 units, Republic Financial Holdings closed at $101.90 while exchanging 8,739 shares valued at $890,509 Scotiabank remained at $58 trading 2,904 shares and Trinidad Cement held firm at $4.20 exchanging 700 shares.