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.
Only gains on TTSE on Tuesday
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.
Only 2 price changes on Trinidad Stock Exchange
Guardian closed at a 52 weeks’ high of $16.03 on Monday in Trinidad.
Trading on the Trinidad & Tobago Stock Exchange on Monday, was muted with the price of just 2 securities changing, one closed at a 52 weeks’ high. There were no declining stocks while 11 closed unchanged.
At the close 13 securities changed hands, leading to 224,838 shares exchanged at a value of $1,570,480 compared to 12 securities trading on Friday, with 761,387 shares valued at $3,029,637. The Composite Index rose 0.18 points to 1,214.29, the All T&T Index gained 0.05 points to 1,793.45 and the Cross Listed Index was up 0.04 points to close at 85.13.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 3 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Guardian Holdings added 1 cents to end at a 52 weeks’ closing high of $16.03 while exchanging 10,000 shares and Scotia Investments traded 12,552 shares at $2.50.
Firm Trades| Angostura Holdings held firm at $15 trading 400 shares, Berger Paints closed at $4.05 with trades of 100 shares, Clico Investment closed at $22.51 exchanging 14,758 shares valued at $332,055. First Citizens traded 1,230 shares at $31.85, JMMB Group traded 35,000 shares at $1.27. Massy Holdings closed at $51.45 trading only 65 shares, National Enterprises exchanged 200 shares at $10.50, Jamaica’s NCB Financial Group closed at $3.95 with an exchange of 102,000 shares valued at $402,900. Praetorian Property Mutual Fund traded 100 units to close at $3.02, Readymix closed at $11 with trades of 46,873 shares valued at $515,703 and Trinidad & Tobago NGL held firm at $20.75 trading 1,560 shares.
TTSE turns positive on Friday
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.
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.
