Trading in Trinidad picks up – Tuesday

ScotiaBank was one of the larger trades on TTSE on Tuesday.

Trading picked up on the Trinidad & Tobago Stock Exchange on Tuesday with 664,912 shares were exchanged at a value of $10,209,762 compared to Monday with 180,831 valued at $8,268,271, market activity emanated from 13 securities changing hands in contrast to 7 on Monday.
Agostini’s accounted for 50 percent of the value of stocks traded followed by Scotiabank with 34 percent as the market indices all rose by the close of trading and leading to 4 securities rising in price, 2 falling and 7 remaining unchanged.
At the end of market activity, the Composite Index gained 0.08 points to 1,207.36, the All T&T Index rose 0.09 points to 1,789.67 and the Cross Listed Index was up 0.01 point to 83.75.
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| Agostini’s closed at a 52 weeks’ high of $20.01, gaining 1 cent after trading 255,988 shares valued at $5,122,320, Grace Kennedy gained 1 cent, closing at $2.76 with an exchange of 218,347 shares valued at $602,468, Guardian Holdings advanced to $16.16, with a 2 cents gain in exchanging 310 units and Massy Holdings closed at $50, rising by 1 cent, trading of 11,381 shares at valued at $569,050.
Losses| Clico Investment closed at a 52 weeks’ low of $22.49, losing 1 cent but traded at a low of $2.44 before closing trading with 2,700 shares and Sagicor Financial lost 2 cents to close at $8.02, with 8,172 shares changing hands.
Firm Trades| Angostura Holdings traded 55 units at $15.01, Ansa Merchant Bank closed at $40, with an exchange of 1,964 shares, First Citizens closed at $31.65, with 826 units changing hands. JMMB Group exchanged 25,000 shares at $1.25, Republic Financial Holdings remained at $101.90 trading only 8 units, Scotiabank closed at $58.02, with trades of 60,001 shares valued at $3,481,258 and Scotia Investments held firm at $2.07 exchanging 80,160 shares.

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.

Weak sentiments for Trinidad stocks

Investors’ sentiment in the Trinidad & Tobago Stock Exchange remains weak, with just 2 stocks advancing, 6 falling and 7 remaining unchanged, at the close of trading on Tuesday. The Investor’s Choice bid-offer Indicator confirms the weakness, with just 1 stock with a bid that is higher than the last selling price and 8 with lower offers, at the end of trading.
Market activity resulted in 15 securities changing hands compared to 12 on Monday, leading the Composite Index  to decline by 0.50 points to 1,206.29, the All T&T Index falling by  1.12 points to 1,789.19 and the Cross Listed Index rising 0.02 points to 83.52, as the shares of Jamaican, Scotia Investments gained 2 cents and ended at $2.07, trading 10,000 shares, to be one of two stocks rising. Trinidadian, Angostura Holdings was the other stock to rise, with an increase of 1 cent and 5,000 shares trading at $15.01.
A total of 218,112 shares changed hands at a value of $3,234,221 compared to Monday, with 103,284 units valued at $1,450,577.
Losses|Clico Investment lost 1 cent to close at 22.49, with an exchange of 50,697 units valued at $1,140,668, First Citizens closed at $31.64, losing 1 cent with 20,000 shares trading, valued at $682,800, Massy Holdings traded 48 cents lower to close at a 52 weeks’ low of $49.50 in exchanging 4,007 units. Enterprises was down 1 cent, closing at $10.49, with 8,000 shares changing hands, Sagicor Financial closed at $8, with a loss of 1 cent trading 85,520 shares valued at $684,246 and Trinidad Cement lost 1 cent to close at $4.14, with an exchange of 11,358 shares.
Firm Trades|Ansa McAL exchanged 500 units at $66, Grace Kennedytraded 6,000 units at $2.71. Guardian Holdings held firm at $16.09, with 9,960 shares changing hands, Republic Financial Holdings closed at $101.90, with 316 shares changing hands, Scotiabank traded 1,034 units at $58.03. Trinidad & Tobago NGL remained at $21.90 exchanging 1,720 units while Praetorian Property closed at $3.02, with 4,000 shares changing owners.

One Caribbean Media takes 91% of trade

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One Caribbean Media dominated market activity Trinidad & Tobago Stock Exchange on Monday with 91 percent of both the 1,204,518 units traded and the value of $18,120,647 traded. Monday’s trading compared to Friday’s 2,080,937 units valued at $4,909,138.
Trading resulted in 14 securities changing hands compared to 15 on Friday and at the close on Monday, 4 stocks advanced, 3 declined and 7 were unchanged.
The Composite Index gained 0.07 points to 1,209.25, the All T&T Index lost 0.10 points to 1,790.94 and the Cross Listed Index rose 0.03 points to close at 84.09.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 7 with lower offers.
Gains| Clico Investment closed at $22.51, gaining 1 cent with 12,000 shares traded, National Enterprises added 1 cent, closing at $10.50 with an exchange of 650 units, One Caribbean Media traded 1 cent higher to close at $15.01, exchanging 1,093,186 shares valued at $16,408,722 and Scotia Investments closed at $2, with gains of 4 cents trading 1,000 units.
Losses| Angostura Holdings closed at $15, losing 1 cent with an exchange of 7,772 shares, Massy Holdings lost 1 cent to close at a 52 weeks’ low of $49.99, with 5,360 shares changing hands and National Flour Mills closed at a 52 weeks’ low of $2.20, with a loss of 9 cents trading 1,500 shares.
Firm Trades| Ansa Merchant Bank exchanged 6,800 shares at $40, Berger Paints closed at $4.05, with trades of 2,551 units, Prestige Holdings traded 200 units at $10.74. Sagicor Financial closed at $8.50, exchanging 35,000 units, Scotiabank remained at $58.01, with 5,615 shares valued at $325,700 trading, Trinidad & Tobago NGL exchanged just 87 units at $21.90 and Trinidad Cement closed at $4.14, with 32,797 shares changing hands.

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.

Only gains on TTSE on Tuesday

In moderate trading on the Trinidad & Tobago Stock Exchange on Tuesday 13 securities changed hands compared to 12 on Monday with 2 stocks advancing, 11 holding firm and none declining. Tuesday’s gains disguise softness in the wider market as shown in the IC bid-offer Indicator, below.
At the close, trading volumes were ahead of Monday’s levels as 366,775 shares were exchanged at a value of $3,474,839 compared to Monday’s trades of 237,462 valued at $3,247,098.
The Composite Index added 0.07 points to 1,212.99, the All T&T Index gained 0.14 points to 1,791.85 and the Cross Listed Index remained at 84.99.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 9 with lower offers.
Gains| Angostura Holdings gained 1 cent to close at $15.01 with an exchange of 20,000 shares valued at $300,200 and Trinidad & Tobago NGL closed at $21.05, with gains of 4 cents while trading 730 units.
Firm Trades| Clico Investment exchanged 45,177 shares at $22.51 valued at $1,016,943, First Caribbean International traded 23,098 shares at $7.70 and Grace Kennedy closed at $2.80, with 7,500 shares changing hands. Guardian Holdings held firm at $16.20, with 50,000 shares traded at a value of $810,000, JMMB Group exchanged 24,074 shares at $1.27, NCB Financial Group closed at $4, with trades of 27,865 shares, the market closed with the bid at $4 to buy 359,230 units but there were no stocks on issue for sale. Republic Financial Holdings traded 1,570 units at $101.90, Scotiabank remained at $58 trading, with an exchange of 1,000 shares. Scotia Investments closed at $2.50, with 47,000 shares changing hands, West Indian Tobacco exchanged 1,336 units at $126.38 and Trinidad Cement closed at $4.15, with 117,425 shares traded at a value of $487,314.

Falling prices hit TTSE on Monday

Trading on the Trinidad & Tobago Stock Exchange was dominated by on Monday by Sagicor Financial, accounting for 70 percent of the volume and 68 percent of the value traded. The market closed with 302,101 shares trading, valued at $2,780,408 compared to Friday’s paltry 39,197 shares valued at $1,384,254.
At the close, no stock advanced, 4 declined while 9 were unchanged, resulting from 13 securities changing hands, the same as on Friday.
The Composite Index declined 0.84 points to 1,215.31, the All T&T Index fell 0.09 points to 1,793.22 and the Cross Listed Index dropped 0.22 points to close at 85.44.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 3 with lower offers.
Losses| Angostura Holdings lost 1 cent to close at $15, with 470 shares changing hands, Calypso Macro Index Fund traded 10 cents lower, to close at a 52 weeks’ low of $21.40 with only 30 shares exchanged, Grace Kennedy closed at $2.85, with a loss of 5 cents trading 29,434 shares and Sagicor Financial closed at $8.90, after losing 9 cents and trading 212,206 shares valued at $1,888,727.
Firm Trades| Clico Investment exchanged 238 shares at $22.50, First Citizens traded 1,915 shares at $31.85, JMMB Group closed at $1.28, with an exchange of 1,493 shares. National Flour Mills closed at $2.30, with 100 shares changing hands, Readymix held firm at $11 exchanging 990 shares, Scotiabank remained at $58, trading 9,740 shares valued at $564,920. Scotia Investments closed at $2.50 while exchanging 41,935 shares,Trinidad Cement closed at $4.20 trading 1,404 shares and Trinidad & Tobago NGL traded 2,146 shares at $21.

Trading sinks in Trinidad

Overall volume of stocks trading on the Trinidad & Tobago Stock Exchange on Friday dropped to less than 40,000 units as 13 securities changed hands compared to 12 on Thursday with 1 stock advancing, 3 declining and 9 unchanged.
A total of 39,197 shares were exchanged at a value of $1,384,254 at the close of the market compared to Thursday’s 121,444 shares valued at $942,101.
The Composite Index lost 0.22 points to 1,216.15, the All T&T Index fell 0.44 points to 1,793.31 and the Cross Listed Index closed unchanged at 85.66.
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| Angostura Holdings gained 1 cent, closing at $15.01 trading 30 shares.
Losses| Clico Investment lost 1 cent to close at $22.50, with an exchange of 9,586 shares, Massy Holdings closed at $51.10, with a loss of 35 cents trading 15,195 shares valued at $776,465 and Point Lisas closed at $4, losing 5 cents in exchanging 100 shares.
Firm Trades| Agostini’s traded 500 shares at $18.51, Ansa McAL closed at $66, trading 50 shares, First Citizens exchanged 3,598 shares at $31.85, Grace Kennedy remained at $2.90 trading 3,000 shares, National Enterprises closed at $10.50, with 1,380 shares changing hands, One Caribbean Media closed trading with 100 shares at $16. Scotiabank held firm at $58, with 1,418 shares changing hands, Trinidad & Tobago NGL traded 3,595 shares at $21 and West Indian Tobacco exchanged 645 shares at $126.40.

Small volumes dominate TTSE trading – Thursday

Trading on the Trinidad & Tobago Stock Exchange on Thursday was dominated by small trades and resulted in 12 securities changing hands compared to 14 on Wednesday. At the close 1 stock advanced, 3 declined and 8 were unchanged.
A total of 121,444 shares were exchanged at a value of $942,101 compared to Wednesday’s 274,613 shares valued at $2,047,725.
The Composite Index gained 0.12 points to 1,216.37, the All T&T Index rose 0.25 points to 1,793.75 and the Cross Listed Index closed unchanged at 85.66.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 3 stocks with bids higher than last selling prices and 4 with lower offers.
Gains| Trinidad & Tobago NGL advanced 25 cents to close at $21, with 155 shares traded.
Losses| L.J. Williams B lost 5 cents to close at 80 cents, with a mere 20 shares changing hands, Republic Financial Holdings traded 2 cents lower to close at $101.90, with an exchange of 1,100 shares and Unilever Caribbean closed at $52.60, losing 40 cents in trading 30 shares.
Firm Trades| Angostura Holdings held firm at $15 exchanging 11,000 shares, Ansa McAL closed at $66, with trades of 20 shares and Ansa Merchant Bank traded 494 shares at $40. Clico Investment closed at $22.51 trading 12,514 shares, First Caribbean International exchanged 10,000 shares at $7.75, Grace Kennedy closed at $2.90 with an exchange of 78,125 shares. JMMB Group closed at $1.28, with 21,986 shares changing hands and Trinidad Cement traded 6,000 shares at $4.20.

TTSE rise with soft underbelly

Market activity on the Trinidad & Tobago Stock Exchange on Wednesday resulted in 14 securities changing hands compared to 12 on Monday with 4 stocks rising and 3 declining but IC Insider indicator show more stocks closing with offers that were lower than the last traded price than those with bids being higher.
The market closed with 274,613 shares exchanged for $2,047,725 compared to Monday’s 224,838 shares valued at $1,570,480 as the market was closed for public holiday on Tuesday.
The Composite Index advanced 1.96 points to 1,216.25, the All T&T Index gained 0.05 points to 1,793.50 and the Cross Listed Index was up 0.53 points to close at 85.66.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 7 with lower offers.
Gains| Grace Kennedy gained 5 cents to close at $2.90, with 23,186 shares changing hands, Guardian Holdings traded 7 cents higher to close at a $16.10, with 9,297 shares, JMMB Group closed at $1.28, with a 1 cent gain trading 38,716 shares and NCB Financial Group added 5 cents, closing at $4, with an exchange of 142,278 shares valued at $569,073.
Losses| Massy Holdings traded 20 cents lower, closing at $51.25 in exchanging 879 shares, National Flour closed 5 cents lower to $2.30, with 1,063 shares trading and Scotiabank closed at $58, losing 1 cent trading 50 shares.
Firm Trades| Angostura Holdings held firm at $15 exchanging 17,500 shares, Clico Investment closed at $22.51, with trades of 21,500 shares valued at $483,965, First Citizens traded 11,448 shares at $31.85 valued at $364.626. National Enterprises exchanged 100 shares at $10.50, Trinidad Cement traded 7,866 shares at $4.20, Trinidad & Tobago NGL closed at $20.75 trading 718 shares and West Indian Tobacco exchanged 12 shares at $126.40.

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