Trading levels rebounded strongly on the Trinidad & Tobago Stock Exchange on Thursday with 513,946 shares changing hands with a value of $9,953,673, in contrast to Wednesday’s volume of 31,204 with a value of $2,125,247.
At the close of trading, 17 securities changed hands, 2 advanced, 7 declined and 8 ended unchanged.
The Composite Index gained 0.47 points to 1,191.45 points, the All T & T Index closed 0.24 points lower to 1,804.60 points, down 7.39 percent year to date. The Cross Listed Index advanced 0.16 points to 77.31 points with year to date gains of 56.15 percent.
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 gained 11 cents to close at $17.51 with 300,618 shares changing hands with a value of $5,260,821 on strong fourth quarter results and Berger Paints gained one cent to close at a 52 weeks high of $4.06 with 500 shares changing hands.
< Strong> Losses|Ansa McAL lost 6 cents to close at $61.94 with 3,242 shares changing hands, Guardian Holdings lost 5 cents with 5,524 shares changing hands to close at $12.90, JMMB Group lost 1 cent and closed at 90 cents with 5,650 shares changing hands, Massy Holdings lost 2 cents to close at $50.97 with 3,965 shares changing hands. Scotiabank closed at $58.70, down 2 cents with 184 shares changing hands, Trinidad & Tobago NGL lost 4 cents to close at $22.50 with 10,200 shares changing hands and Unilever Caribbean lost 2 cents to close at $59.85 with 1,404 shares changing hands.
Firm Trades | Clico Investment closed at $22.60 with 100,500 shares changing hands with a value of $2,270,305, First Caribbean International Bank closed at $8.50 with 2,000 shares changing hands, National Commercial Bank closed at $2.90 with 50,000 shares changing hands. National Enterprises closed at $10.60 with 11,817 shares changing hands, Point Lisas closed at $3.70 with 750 shares changing hands. Prestige Holdings closed at $11 with 12 shares changing hands, Sagicor Financial closed at $7.50 with 7,580 shares changing hands and West Indian Tobacco closed at $127 with 10,000 shares changing hands valued at $1,270,000.
Trading volume rebounds on TTSE
First Citizens trades $6.7M on TTSE
First Citizens had the largest value traded on TTSE on Friday.
Trading activity closed with 510,441 shares changing hands with a value of $$8,337,500, in contrast to Thursday’s volume of 168,658 units valued at $4,011,086.
The Composite Index advanced 1.01 points to 1,182.43 points, the All T & T Index gained 2.12 points to close at 1,804.61 points to be down 7.38 percent year to date and the Cross Listed Index dipped 0.01 points to close at 74.84 points and is up 51.16 percent for 2016.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 3 stocks with bid higher than their last selling prices and 7 with lower offers.
Gains| Angostura Holdings gained 1 cent to close at a 52 weeks’ high of $16.01 with 2,000 shares changing hands and Guardian Holdings gained 45 cents to close at $13 with 3,994 shares changing hands.
< Strong> Losses| Grace Kennedy traded 192,759 shares valued at $491,577 but lost 2 cents in closing at $2.55 and Trinidad & Tobago NGL slipped 1 cent to close at $22.70 with 500 shares trading.
Firm Trades | Ansa McAl closed at $62 with 2,000 shares changing hands, Ansa Merchant Bank ended with 46 shares changing hands at $40.01, Clico Investment Fund closed at $22.60 with just 45 shares changing hands with a value of $896,994, First Citizens traded 201,792 shares valued at $6,659,136 to close at $33. First Caribbean International Bank closed at $8.50 with 95,736 shares with a value of $813,754 changing hands, JMMB Group closed at 91 cents with 1,841 shares changing hands, Massy Holdings closed at $50.99 with 1,310 shares trading, Sagicor Financial Corporation closed at $7.20 with 7,995 shares changing hands and Scotiabank closed at $58.74 with 423 shares changing hands.
Moderate trading for TTSE
Trading on the Trinidad & Tobago Exchange closed the moderate trading session on Monday with 8 securities trading, down from 10 securities changing hands on Friday. One stock advanced, 2 declined and 5 held firm.
Trading activity resulted in the volume of 293,440 shares changing hands with a value of $3,299,858 in contrast to Friday’s volume of 134,140 shares with value of $475,187.02.
The market closed with the Composite Index declining 0.20 points to 1,177.80 points. The All T & T Index lost 0.60 points to close at 1,806.07 points. The Cross Listed Index advanced 0.03 points to close at 73.25 points.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 bids higher than their last selling prices and 7 with lower offers than the last traded price.
Gains| Grace Kennedy, the only stock to advance, gained 1 cent with 1,800 shares traded to close at $2.57.
Losses| Republic Financial Holdings lost 1 cent to close at $108.78 with 450 shares traded and Trinidad & Tobago NGL lost 24 cents, closing at $22.75 with 500 shares.
Firm Trades | Trading firm were Angostura Holdings with 7,317 shares to close at $15.50, Ansa McAL traded just 10 shares to close $62.50, Massy Holdings closed at $51 with 73 shares changing hands, Prestige Holdings traded 283,270 shares carrying a value of $3,115,970 to close at $11 and Scotiabank saw 20 shares changing hands to close at $58.74.
First Citizens climbs 75 cents
First Citizens climbed 75 cents on TTSE on Wednesday.
Trading activity resulted in the volume of 171,918 shares changing hands with a value of $2,294,211 in contrast to Tuesday’s volume of 174,997 shares valued at $1,162,709.
The market closed with the Composite Index rising 1.75 points to close at 1,176.90. The All T & T Index gained 3.69 points to close at 1,807.99 points, while the Cross Listed Index declined by 0.03 points to close at 72.86 points.
IC bid-offer Indicator| The investor’s Choice bid-offer indicator ended with 4 stocks with bids higher than their last selling prices and 8 with lower offers
Gains| Agostini’s gained 10 cents to end with 1,677 shares, changing hands at $17.40, First Citizens Bank jumped 75 cents with 5,277 shares changing hands to close at $33, National Commercial Bank gained 1 cent to end with 50,000 shares closing at $2.66. National Enterprises gained 10 cents to end with 1,200 shares at $10.50,
Praetorian Property Mutual Fund ended with 4,000 shares changing hands to close at $2.70 after rising 5 cents and Sagicor Financial Corporation gained 10 cents to end with 10,000 units changing hands, to close at $7.15.< Strong> Losses| Ansa Mcal lost 18 cents with 40 shares trading to close at $62.50, JMMB Group lost 4 cents to end with 56,000 shares changing hands at 86 cents and Massy Holdings lost 42 cents to end with 29,336 shares with a value of $1,496,136 at $51.
Firm Trades| Trading firm are, Clico Investments traded 10,000 units at $22.60, First Caribbean International Bank with 606 shares to close at $8.10, Guardian Holdings closed with 570 shares to close at $13, Trinidad & Tobago NGL, ended with 2,511 shares to close at $23 and West Indian Tobacco traded 41 shares to close at $127.
4 stocks rose on TTSE – Wednesday
FirstCaribbean International Bank closed at a 52 weeks’ high on Wednesday.
The market closed with modest movements in the indices, with the Composite Index fell 0.30 points to close at 1,175.20. The All T&T Index closed with a decline of 2.74 points at 1,818.19, down 6.69 percent for 2016 and the Cross Listed Index rose 0.29 points to 70.99 points and is up 43.39 percent year to date.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 stocks with bids higher than their last selling prices and 8 with lower offers.
Gains| Firstcaribbean International Bank ended trading with 4,535 shares and closed with a rise of 6 cents at a 52 weeks’ high of $7.81, Grace Kennedy contributed 6,901 shares and gained 1 cent in trading, to close at $2.57. National Enterprises closed with 800 shares changing hands at $10.20, after gaining by 4 cents and
Republic Financial Holdings ended with 1,510 shares trading, with a rise of 1 cent to end at $110.99.Losses| Trinidad and Tobago NGL closed with a loss of 4 cents at $23.55 with 495 units changing hands.
Firm Trades| Ansa Merchant Bank traded 200 units to end at $40.01, Guardian Holdings traded 76,289 shares with the price closing at $12.60, JMMB Group closed at 80 cents with 115,440 units switching owners, Massy Holdings ended with 921 shares changing hands at $51.50. National Flour ended with 194 shares changing hands at $2.58, One Caribbean Media traded 70 shares at $20.40 and Scotiabank traded 50 shares and closed at $58.51.
4 stocks rose on TTSE – Tuesday
Trinidad Cement climbed 8.6% to $3.72 on Tuesday
The market closed with modest movements in the indices, with the Composite Index rising by 1.33 points to close at 1,175.50. The All T&T Index closed with a gained 1.47 points at 1,820.93, down 6.55 percent for 2016 and the Cross Listed Index rose 0.16 points to 70.70 points and is up 42.80 percent year to date.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 stocks with bids higher than their last selling prices and 8 with lower offers.
Gains| JMMB Group gained 3 cents to close at a 52 weeks’ high of 80 cents with 61,854 units switching owners, Sagicor Financial Corporation rose 5 cents to close with 34,585 shares changing hands at $7.20. Scotiabank ended trading 32,686 shares and closed with a rise of 24 cents at $58.51
and Trinidad Cement jumped 30 cents up by 8.6 percent to close at $3.80 while trading 28,503 units.Losses| First Citizens Bank closed with just 563 shares changing hands to end with a loss of 2 cents at $34.93 and Massy Holdings lost 49 cents and ended with 579 shares changing hands to end at $51.50.
Firm Trades| Ansa McAl traded 888 units to end at $62.68, National Commercial Bank closed at $2.60 with 556 shares trading, Scotia Investments had 125,036 shares changing hands to close at $1.80 and Trinidad and Tobago NGL closed at $23.59 with 821 units changing hands.
Trading drops on TTSE – Thursday
Trading activity dropped on the Trinidad and Tobago stock market on Thursday compared with the levels of trading on Wednesday. Only 89,457 shares valued at $1,653,454 changed hands, compared to 204,982 units valued at $2,918,765 on Wednesday.
The market closed with modest movements in the indices and ended with 3 stocks gaining, 1 declining and 6 remaining unchanged as 10 securities traded.
The Composite Index rose 0.84 points to close at 1,157.05, the All T&T Index gained 1.60 points to close at 1,818.55 and the Cross Listed Index inched up 0.01 to 65.98 points.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 7 stocks with bids higher than their last selling prices and 2 with offers that were lower.
Gains| National Commercial Bank ended with 32,432 shares changing hands to close at $2.60, with a gain of 2 cents, National Enterprises rose 14 cents and ended with 35,000 shares changing hands at $10.15 and West Indian Tobacco traded 5,000 shares to close a 52 weeks’ high of $127.05 after gaining 5 cents.
Losses| Ansa McAl lost 1 cent in trading 1,360 units to end at $62.70.
Firm Trades| Angostura Holdings jumped 45 cents with 149 shares, changing hands to close at $14.50, First Citizens Bank traded 44 shares to end at $35, Guardian Holdings ended with 808 shares to close at $12.80. Prestige Holdings traded 2,100 shares at $11, Sagicor Financial Corporation closed with 31,341 shares changing hands at $6.90, Scotiabank closed with 30 shares at $58 and Trinidad and Tobago NGL closed at $23.65 with 13,625 units changing hands.
Trading picks up on TTSE – Wednesday
Trading activity picks up on the Trinidad and Tobago stock market improved on Wednesday over the levels of trading on Tuesday. Market activity resulted in only 204,982 shares valued at $2,918,765 changing hands compared to 30,059 shares valued at $790,965 on Tuesday.
The market closed with modest movements in the indices and ended with 4 stocks gaining, 3 declining and 5 remaining unchanged as 12 securities traded.
The Composite Index rose 1.06 points to close at 1,156.21, the All T&T Index gained 1.10 points to close at 1,816.95 and the Cross Listed Index inched up 0.14 to 65.97 points.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 8 stocks with bids higher than their last selling prices and 2 with offers that were lower.
Gains| Ansa McAl rose 1 cent in trading 5,000 units to end at $62.71, National Commercial Bank ended with 32,432 shares changing hands to close at $2.60, with a gain of 2 cents, National Flour rose 2 cents and ended with 10,000 shares changing hands at $2.55 and Unilever Caribbean gained $2 with 1,328 shares trading at $60.
Losses| Ansa Merchant Bank lost 5 cents in trading 556 units to end at $40, Calypso Macro Index Fund dropped $1 while trading 17,592 units at a 52 weeks’ low of $22 and Republic Financial Holdings fell 1 cent and ended with 5,000 shares changing hands at $109.99.
Firm Trades| Clico Investment Fund closed with 54,913 shares changing hands at $22.60, Grace Kennedy ended with 1,321 shares to close at $2.55, JMMB Group trading at and ended with 70,144 shares changing hands at 61 cents, Scotiabank closed with 336 shares at $58 and Trinidad and Tobago NGL closed at $23.65 with 6,000 units changing hands.
Low sink in TTSE trading – Monday
Trading activity on the Trinidad and Tobago stock market closed on Monday with very modest volume and losses in two of the main market indices as no stock gained, one fell and 6 remained unchanged.
Market activity sank to just 28,668 shares valued at only $302,443 changing hands, well below the $4,238,930 traded on Friday.
The Composite Index declined 2.76 points to close at 1,153.92, the All T&T Index fell 5.50 points to close at 1,812.86 and the Cross Listed Index ended unchanged at 65.90 points.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 8 stocks with bids higher than their last selling prices and 4 with offers that were lower.
Gains| No stock recorded gains based on the last traded price in the market on Monday.
Losses| National Enterprises lost 45 cents to close with 5,000 shares changing hands at $10.
Firm Trades| Ansa McAl traded 1,000 units to close at $62.70, Guardian Holdings ended with 12,022 shares changing hands at $12.80, Massy Holdings ended with 61 shares changing hands at $54.80, National Flour with 5,000 shares changing hands, closed at $2.50. Trinidad and Tobago NGL closed at $23.52 with 5,460 units changing hands and Trinidad Cement traded 125 shares to close at $3.12.
4 stocks rise 1 fall on TTSE – Wednesday
Trading activity on the Trinidad and Tobago stock market closed Wednesday with gains in the two of the market indices. Volume traded fell below 50,000 units changing hands. At the close 9 securities changed hands, just 4 rose, 1 fell while 4 remained unchanged.
Market activity ended with only 42,593 shares valued at a mere $694,381 changing hands, well off from the $5,056,419 traded on Tuesday.
The Composite Index rose 1.48 points to close at 1,156.91, the All T&T Index fell 2.87 points to close at 1,818.93 and the Cross Listed Index ended with a gain of 0.01 points to 65.89.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 7 stocks with bids higher than their last selling prices and 5 with offers that were lower.
Gains| Ansa McAl rose 70 cents and traded 2,500 units to close at $62.70, National Flour rose 8 cents to close with 10,470 shares changing hands at $2.50, Scotiabank gained 17 cents and closed with 3,528 shares changing hands at $57.80 and Scotia Investments gained 1 cent in trading 8,200 shares to close at $1.73.
Losses| The sole stock declining is Trinidad and Tobago NGL that closed at $23.50 with 1,158 units changing hands after falling 20 cents.
Firm Trades| First Citizens traded 3,383 units at $35, Guardian Holdings ended with 8,701 shares changing hands at $12.80, Prestige Holdings with 1,374 units changing hands ended at $10.83 and Sagicor Financial Corporation closed with just 3,282 shares changing hands at $6.60.