7 stocks rise 2 fall on TTSE

September 17, 2015 by

TCL hits a new high on Thursday

TCL hits a new high on Thursday

The Trinidad & Tobago Stock Exchange closed Thursday with in the number jumping to 19 securities trading, the most for some time. The price of 7 stocks rose, 2 declined and 10 traded with prices remaining unchanged as a total of 634,493units traded, valued at $21,640,891.
At the close the Composite Index was up 0.62 points to 1,147.22, the All T&T Index added 1.10 points at 1,951.11 and the Cross Listed Index rose 0.02 to 45.04.
Gains| Grace Kennedy had 1,000 units changing hands at $3.51 for a 1 cent gain, Guardian Holdings with 14,545 shares changing hands for a value of $446,688, closed 6 cents higher at $13, Massy Holdings gained 1 cent, to close at $62.50 while trading 30,835 shares valued at $1,927,138. Prestige Holdings with 26,000 units valued at $257,660 changing hands ended at $9.91 with a cent rise, Scotiabank contributed 1,125 shares in trading, to close at $62.52 with a 1 cent rise. Sagicor Financial Corporation closed with 2,330 shares changing hands, 1 cent higher at $6 and Trinidad Cement had 98,056 shares changing hands, valued at $303,963 and ended at $3.10 with a 10 cents rise, for a 52 weeks; high.
Losses| Clico Investment Fund closed with just 7,781 shares changing hands, 1 cent lower at $22.50 and JMMB Group loss 1 cents to close at 42 cents while trading 2,170 shares.
TTSE 17-9-15 Firm Trades| Agostini’s traded 5,651 shares at $18, Angostura Holdings with 3,984 shares changing hands, closed at $14, ANSA McAL contributed 259,750 shares valued at $17,468,188 in trading, to close at $67.25 with the loss of 1 cent, traded 1,000 units at $38.94. First Citizens Bank had 2,836 shares changing hands to end at $35, National Commercial Bank traded 60,192 shares at $1.63, National Flour with 12,46 shares trading at $2.06, One Caribbean Media traded 4,625 shares at $22, Scotia Investments traded 80,000 shares at $1.60 and West Indian Tobacco traded 3,863 shares valued at $484,536 to close unchanged at $125.43.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than their last selling prices and 5 stocks with offers that were lower.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , , , ,

2 stocks rise on TTSE

September 15, 2015 by

stks The Trinidad & Tobago Stock Exchange closed Tuesday with 10 securities changing hands with the price of 2 stocks rising, none declining and 8 traded with prices unchanged as a total of 285,980 units traded, valued at $5,846,515.
At the close, all three indices closing unchanged with the Composite Index closing at 1,146.57, the All T&T Index at 1,949.89 and the Cross Listed Index at 45.03.
Gains| Clico Investment Fund closed with just 249,940 shares valued at $5,626,160 changing hands, 2 cents higher at $22.52 and West Indian Tobacco traded just 700 shares to close unchanged at $125.43 to gain 1 cent.
Firm Trades| ANSA McAL contributed 400 shares in trading, to close at $67.25, First Citizens Bank had 270 shares changing hands to end at $35, Grace Kennedy saw TTSE 15-9-1521,568 units changing hands at $3.50, JMMB Group traded 3,142 shares at 42 cents, National Commercial Bank traded 4,482 shares at $1.63. National Flour with 5,250 shares ended at $2.06, National Enterprises with 28 shares changing hands, closed at $16.95 and Point Lisas closed with 200 shares changing hands at $4.06.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than their last selling prices and 6 stocks with offers that were lower.

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TCL at 52 weeks’ high on TTSE

September 14, 2015 by

TCL 2 The Trinidad & Tobago Stock Exchange closed Monday with Trinidad Cement closing at $3 for 52 weeks’ high on a day when 13 securities changed hands. The price of 2 stocks rose, 3 declined and 8 traded with price unchanged as a total of 614,459 units traded, valued at $2,225,277.
At the close, the Composite Index fell 0.13 points to 1,146.57, the All T&T Index lost 0.26 points to 1,949.89 and the Cross Listed Index remained at 45.03.
Gains| Massey Holdings closed with 250 units trading with a 1 cent gain at $62.49 and Trinidad Cement closing at $3 with 406,706 units valued at $1,219,776 changing hands after gaining 24 cents.
Losses| Angostura Holdings with 1,772 shares changing hands, closed at $14, after losing 50 cents, Clico Investment Fund trade with a volume of 9,120 shares valued at $205,258, at the close the price slipped 2 cents to $22.50 and Point Lisas traded 5,000 shares at $4.06, after losing 1 cent.
Firm Trades| ANSA McAL contributed 595 shares in trading, to close at $67.25, First Citizens Bank had 411 shares changing hands to end at $35, Guardian Holdings with 145 shares changing hands, closed at $13.91, Guardian Media traded 17,900 shares with the price remaining at $19.77, for a value of $353,883. TTSE 14-9-15JMMB Group traded 20,238 shares at 42 cents, Sagicor Financial Corporation closed with 13,000 shares changing hands at $6, Scotia Investments closed with 139,004 shares valued at $222,982 changing hands, unchanged at $1.60 and closed with buying for 239,763 shares on the bid at $1.60 and Scotiabank closed with 318 shares changing hands unchanged at $62.50.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than their last selling prices and 4 stocks with offers that were lower.

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4 TTSE stocks up 3 down on Tuesday

September 1, 2015 by

First Citizens gained 50 cents to close at $35 on Tuesday

First Citizens gained 50 cents to close at $35 on Tuesday

After closing for the Independence holiday on Monday, the Trinidad & Tobago Stock Exchange closed with 16 securities changing hands with the prices of 4 stocks rising, while the price of 3 declined and 9 traded with prices unchanged. A total of 177,287 shares traded, valued at $1,082,202.
At the close, the Composite Index advanced by 2.84 points to 1,144.38, the All T&T Index gained 1.88 points to 1,947.18 and the Cross Listed Index gained 0.51 points to 44.81.
Gains| Agostini’s traded 2,711 shares and closed at $17.26 with a gain of 1 cent, First Citizens Bank had 5,503 shares changing hands to end with a gain of 50 cents at $35, National Commercial Bank traded 13,600 shares and gained 11 cents, to close at $1.63 and Scotiabank closed with 7,288 shares changing hands valued at $454,771 to gain 8 cents and end at $62.40.
Losses| JMMB Group ended with a loss of 2 cents in trading 30,000 shares at 43 cents, Massy Holdings had just 80 shares trading at $62.49 with a loss of 1 cent and National Flour Mills with 51,040 shares changing hands, ended at $2.05 after shedding 4 cents.
Firm Trades|, Ansa McAl traded 460 units to end at $67.25, FirstCaribbean International Bank traded 1,298 shares and closed at $5, Grace Kennedy closed with 7,080 shares changing hands at $3.50, TTSE 1-9-15up-at-guardian-holdings/”>Guardian Holdings added 1,949 shares to close at $12.90. One Caribbean Media traded only 80 shares with the price remaining at $22, Point Lisas traded 12,664 shares at $4.07, Prestige Holdings with 1,053 units changing hands ended at $9.89, Scotia Investments closed with 19,925 shares changing hands unchanged at $1.53 and Trinidad Cement ended at $2.75 with 22,556 shares changing hands.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than their last selling prices and 4 stocks with offers that were lower.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , ,

55% repo rate hike pressuring TTSE

August 25, 2015 by

Massy Holdings shed 51 cents on Tuesday & helped pull TTSE down.

Massy Holdings shed 51 cents on Tuesday & helped pull TTSE down.

The sharp 55 percent rise in the central bank of Trinidad & Tobago repo rates since last year, continues to take a toll on prices of stocks listed on the Trinidad & Tobago Stock Exchange.
In Tuesday’s trading, 10 securities changed hands, one stock gained while the prices of 2 declined pulling down the TTSE two main indices and 7 traded with prices unchanged as a total of 428,778 shares traded, valued at $7,240,375. At the close, the Composite Index declined by 1.04 points to 1,142.48, the All T&T Index fell 2.21 points to 1,947.84 and the Cross Listed Index rose 0.02 points to 44.21.
Gains| Scotia Investments closed 2 cents higher with 30,000 shares changing hands at $1.53, to be the sole stock gaining.
Losses| Massy Holdings had 2,410 shares trading to end at $62.50, after shedding 51 cents and Trinidad Cement suffered a loss of 15 cents to close at $2.75 with 2,120 shares changing hands.
TTSE sum 25-8-15 Firm Trades|, ANSA McAL contributed 26,740 shares with a value of $1,798,265 and closed at $67.25, Ansa Merchant Bank traded 984 units at $38.95, Clico Investment Fund traded 189,123 shares valued at $4,256,983 and closed at $22.50, First Citizens Bank had 9,285 shares changing hands valued at $324,975 and ended at $35. Guardian Media added 500 shares to close at $19.76, JMMB Group traded 122,958 shares to close at 42 cents and Sagicor Financial Corporation closed with 34,658 shares changing hands at $6, for a value of $207,948.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 7 stocks with the bid higher than their last selling prices and 4 stocks with offers that were lower.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , ,

Interest rate hike hurting TTSE

August 24, 2015 by

Bear The sharp rise in the central bank of Trinidad & Tobago since last year is taking a toll on prices of stocks listed on the Trinidad & Tobago Stock Exchange.
In Monday’s trading 13 securities changed hands. One stock gained while the prices of 4 declined and 8 traded with prices unchanged as a total of 200,811 shares traded, valued at $3,000,646.
At the close, the Composite Index declined by 2.26 points to 1,143.52, the All T&T Index fell 4.49 points to 1,950.05 and the Cross Listed Index remained at 44.19.
Gains| Sagicor Financial Corporation closed 50 cents higher with 31,842 shares changing hands at $6, for a value of $191,052.
Losses| Clico Investment Fund traded 500 shares and closed with a fall of a cent at $22.50, Massy Holdings had 3,621 shares trading to end at $63.01, after shedding just 1 cent. Republic Bank suffered a loss of 99 cents to close at a 52 weeks’ low of $113 with just 100 shares changing hands and West Indian Tobacco traded just 540 shares to closed with a loss of 64 cents to end at $123.36
Firm Trades|, Angostura Holdings with 500 shares changing hands, to close at $14, ANSA McAL contributed 31,525 shares with a value of $2,120,056 and closed at $67.25.TTSE sum 24-8-15 Guardian Holdings added 21,596 shares valued at $278,588 to close at $12.90, JMMB Group traded 91,690 shares to close at 42 cents. National Commercial Bank traded 9,531 shares at $1.52, National Flour with 8,000 shares changing hands, closed at $2.20, One Caribbean Media traded 116 shares with the price closing at $22.31 and Prestige Holdings with 1,250 units changing hands ended at $9.89.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than their last selling prices and 5 stocks with offers that were lower.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , ,

No end to TTSE fall

August 20, 2015 by

StockMarkets In overall trading Thursday on the Trinidad & Tobago Stock Exchange,15 securities changed hands, the price of 1 rose, 4 declined including 2 closing at a 52 weeks’ low and 10 traded with prices unchanged as a total of 174,395 shares traded, valued at $2,472,069.
At the close of the market, the Composite Index slid 2.06 points to 1,145.61, the All T&T Index fell 2.75 points to 1,954.54 and the Cross Listed Index fell 0.18 points to close at 44.15.
Gains| Clico Investment Fund traded 58,680 shares valued at $1,320,867 and closed 1 cent higher at $22.51.
Losses| ANSA McAL contributed 636 shares in trading, to close at $67.25 with the loss of a cent, JMMB Group traded 2,000 shares to close 4 cents down at 41 cents. National Enterprises with 827 shares changing hands, and lost 9 cents, to close at a 52 weeks’ low at $17 and Republic Bank suffered a loss of 1 cent to close at a 52 weeks’ low of $113.99 with 6,423 shares changing hands, at a value of $732,158.
Firm Trades| Angostura Holdings with 40 shares changing hands, closed at $14, Ansa Merchant Bank traded 446 units at $38.95, Grace Kennedy had 240 units changing hands at $3.50, Guardian Holdings added 2,000 shares to close at $12.90, Guardian Media TTSE sum 20-8-15traded 300 shares with the price remaining at $19.76. Massy Holdings traded 73 shares to close at $67.02, National Flour Mills with 51,250 shares traded and closed at $2.20, One Caribbean Media traded 100 shares with the price closing at $22.31, had 712 shares changing hands at $62.32 at the close and Trinidad Cement traded 50,668 at $2.90.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than their last selling prices and 3 stocks with offers that were lower.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , ,

2 up 3 down on TTSE

August 19, 2015 by

StockStamp In overall trading on the Trinidad & Tobago Stock Exchange on Tuesday,13 securities changed hands, 2 stocks rose, 3 declined and 8 traded with prices unchanged as a total of 157,041 shares traded, valued at $3,411,444.
At the close of the market, the Composite Index slid 1.54 points to 1,147.67, the All T&T Index remained unchanged at 1,957.29 and the Cross Listed Index fell 0.41 points to close at 44.33.
Gains| ANSA McAL contributed 1,203 shares and closed at $67.26 with a gain of a cent and Scotiabank had 4,550 shares changing hands at $62.32, up 1 cent.
Losses| Agostini’s traded 1,470 units at $17.25 down 1 cents, Massy Holdings traded 18,284 shares valued at to close at $67.02 after declining by 6 cents, National Commercial Bank also fell but by 6 cents to end at $1.52 with 7,000 shares changing hands.
Firm Trades| Angostura Holdings with 1,940 shares changing hands, to close at $14, Clico Investment Fund traded 26,590 shares valued at $598,395 and closed at $22.50, First Citizens Bank with 10,434 shares changing hands for a value of $365,190 and TTSE sum 19-8-15closed at $35 while Guardian Holdings added 18,284 shares valued at $515,124, to close at $12.90. National Enterprises with 3,500 shares changing hands, closed at $17.09, National Flour Mills with 2,056 shares traded closed at $2.20, Sagicor Financial Corporation added 39,682 shares valued at $238,092 to end at $6, and West Indian Tobacco traded 400 shares to close at $126.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than their last selling prices and 4 stocks with offers that were lower.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , ,

Republic drops 90C on TTSE

August 18, 2015 by

RBTT Republic Bank dropped 90 cents to close lower at $114 while trading just 186 units to end at a 52 weeks’ lows. The stock has been under pressure for months having fallen from $122.05 last year July and National Commercial Bank also fell but by just 5 cents to end at $1.58 with 14,636 shares changing hands. The fall in Republic impacted the market indices negatively.
At the close of the market, the Composite Index slide 2.01 points to 1,149.21, the All T&T Index declined by 1.42 points to 1,957.29 and the Cross Listed Index fell 0.35 points to close at 44.74.
In overall trading on the Trinidad & Tobago Stock Exchange on Tuesday, million worth of stocks traded and ended with 12 securities changing hands with 2 stocks rising, 2 declining and 8 traded with prices unchanged as a total of 339,927 shares traded, valued at $7,336,465.
Gains| Unilever Caribbean gained, 5 cents to end at a 52 weeks’ high at $67.05 while trading 2,000 shares and Clico Investment Fund traded 4,035 shares and closed at $22.51, up 1 cent.
Firm Trades| ANSA McAL contributed 2,287 shares and closed at $67.25, while Ansa Merchant Bank traded 1,000 units at $38.95, First Citizens Bank with 174,464 shares changing hands for a value of $6,106,252 closed at $35 while Guardian Holdings added TTSE sum 18-8-1526,141 shares valued at $337,219, to close at $12.90. National Flour Mills with 2,000 shares to close at $2.20, Sagicor Financial Corporation added 55,553 shares valued at $333,318 to end at $6, Scotia Investments had 24,500 shares changing hands at $1.51 and Trinidad Cement contributed 35,160 shares and closed at $2.90.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than their last selling prices and 4 stocks with offers that were lower.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , ,

Ansa McAl grows profit

August 17, 2015 by

ansaAnsa McAl Group achieved revenues of $2.87 billion against $2.9 billion in 2014. For the June quarter, revenues came in at $1.47 billion, down slightly from $1.48 billion. Profit before tax amounted to $459 million, for the six months to June, an increase of 11 percent over prior year’s $414 million.
After tax profit was up 10 percent to $302 million for the half year versus $274 million in 2014. Earnings per share rose to $1.75 up from $1.59 in 2014 for the half year.
For the quarter, profit attributable to shareholders of the group rose 4 percent to $164 million, from $158 million or 95 cents per share, after pretax profit had climbed to $250 million in the quarter from $240 million. In 2014 for the full year Ansa made $685 million for shareholders of the group or $3.97 per share. Earnings for the full year should just about exceed that of 2014 but not by a great deal and could well end at around $4.40.

Carib Beer one of Ansa McAl products

Carib Beer one of Ansa McAl products

Segment profit before tax for manufacturing, packaging & brewing came in at $194.5 million versus $187.6 million in 2014, automotive, trading & distribution suffered a decline to $89.4 million from $97.6 million, insurance & financial services raked in $133 million up strongly from $94 million and media, services & parent company reported $42 million up from $34.6 million.
The company approved an interim dividend of 30 cents per share the same as in 2014 which will be paid on November 6, 2015, October 23, 2015 has been set the Record Date for payment of this interim dividend. The stock last traded on the Trinidad & Tobago Stock Exchange at $67.25.

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