NCB closes at a new high on TTSE

NCBFG trades at new high in Trinidad on Friday of TT$4.50.

NCB Financial Holdings closed at new high on the Trinidad & Tobago Stock Exchange on Friday and have almost closed the gaping gap in trading prices between Jamaica and Trinidad. At the close 11 securities traded compared to 13 on Thursday.
Trading activity increased over Thursday’s levels by more than 100 percent in dollars and volume. With trading dominated by Angostura Holdings with 42 percent of the trades followed by Clico Investment and Trinidad & Tobago NGL with 27 percent and 23 percent respectively.
The market closed with 4 stocks having advanced, 1 declined and 6 were unchanged as 419,313 shares traded at a value of $$7,180,253 compared to Thursday’s trades of 210,213 valued at $3,263,460.
The Composite Index advanced 5.60 points to 1,228.32, the All T&T Index gained 0.60 points to 1,792.35 and the Cross Listed Index added 1.45 points to 89.13 points.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 5 with lower offers suggesting some softness in the market ahead of Monday’s opening.
Gains| Stocks closing with the prices rising based on the last sale and volumes changing hands were Clico Investment with a 1 cent gain to $21 with 93,269 shares valued at $1,949,712, First Caribbean International rising 3 cents to close at $8.05 with 20,117 shares, NCB Financial Group advanced 21 cents to a 52 weeks’ high of $4.50 with 10,000 shares, as investors pushed the price to be more or less in line with the price it closed at in Kingston of J$90.95 and Trinidad & Tobago NGL traded 20 cents higher to $23.45 with 70,233 shares valued at $1,647,548.
Losses| Prestige Holdings lost 1 cent, to last traded at $10.64 with 8,876 shares changing hands.
Firm Trades| Stocks trading with the last price remaining unchanged and the volumes changing hands are, Angostura Holdings ending at $15.01 with 200,000 shares valued at $3,002,000, Ansa Merchant Bank trading at $40 with 1,056 shares, First Citizens exchanging 1,800 shares at $31.67. Massy Holdings closed at $48.95 with 379 units, National Enterprises remained at $10.48 with 13,161 shares and Scotiabank closed with 422 units trading at $58.02.

Modest trading on TTSE

Witco was the dominant stock traded on the TTSE on Monday

Trading on the Trinidad & Tobago Stock Exchange on Monday resulted in 12 securities changing hands compared to 10 on Friday with West Indian Tobacco controlling 78 percent of the market’s trades and with more stocks rising than falling.
At the close, 4 stocks advanced, 1 declined and 7 held firm as 63,288 shares were exchanged at a value of $3,292,849 compared to Friday’s trades of 331,248 valued at $3,574,568.
The Composite Index advanced 0.80 points to 1,207.73, the All T&T Index gained 0.41 points to 1,790.17 and the Cross Listed Index rose 0.16 point to 83.78.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 6 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| First Caribbean International gained 2 cents, trading 529 shares in closing at $7.64, Grace Kennedy gained 3 cents at $2.79 in exchanging 9,000 shares, Guardian Holdings rose 4 cents to close at $16.20, in trading 2,000 shares and Trinidad & Tobago NGL advanced 10 cents to $21.93, with 6,346 shares changing hands.
Losses| West Indian Tobacco closed at a 52 weeks’ low of $125.82, losing 1 cent with 20,500 shares valued at $2,579,315 trading.
Firm Trades| Ansa Merchant Bank closed at $40, with an exchange of 163 shares, Clico Investment closed at $22.39 trading 10,200 shares, First Citizens traded 1,250 shares at $31.65, Massy Holdings held firm at $49.97 while exchanging 1,450 shares. Republic Financial Holdings remained at $101.90, with trades of 650 units, Sagicor Financial exchanged 11,000 shares at $8 and Scotiabank closed at $58.02, with 200 units switching owners.

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.

8 stocks declined on TTSE

The Trinidad & Tobago Stock Exchange closed on Wednesday with 8 stock declining with very small changes and none rising. Trading closed with 191,141 securities changing hands at a value of $5,051,742 compared to Tuesday’s trades of 450,749 valued at $7,406,212.
A total of 15 securities changed hands compared to 13 on Tuesday, with 8 stocks declining and 7 holding firm while three closed at 52 weeks’ lows.
In spite of the relatively large number of stocks falling the movement of the market indices were moderate with the Composite Index declined 0.23 points to 1,207.82, the All T&T Index lost 0.39 points to 1,790.06 and the Cross Listed Index was down 0.01 point to close at 83.82.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 4 with lower offers.
Losses| Ansa McAL lost 1 cent to close at $66 trading 110 shares, First Citizens closed at $31.60, with a loss of 5 cents exchanging 100 shares, Massy Holdings lost 1 cent, in closing at a 52 weeks’ low of $49.99 with 516 shares changing hands, One Caribbean Media closed at a 52 weeks’ low of $15, losing 1 cent with 300 shares trading. Point Lisas traded at $3.87, with a loss of 1 cent and 51,000 shares switching owners, Prestige Holdings closed 4 cents lower to a 52 weeks’ low of $10.70 trading 3,934 shares, Sagicor Financial lost 2 cents to close at $8.48, with an exchange of 5,211 shares and Trinidad & Tobago NGL closed at $21.89 with a loss of 1 cent and an exchange of 12,768 shares.
Firm Trades| Ansa Merchant Bank exchanged 1,100 shares at $40, Clico Investment closed at $22.50, with trades of 19,355 units valued at $435,488 and Guardian Holdings traded 16,601 units at $16.09. L.J. Williams A exchanged 500 units at 25 cents, NCB Financial Group closed at $4.05, with 41,140 shares trading, Republic Financial Holdings closed at $101.90, with an exchange of 29,622 shares valued at $3,018,481 and Scotiabank traded 8,884 units at $58.03 valued at $515,539.

Falling stocks dominate on TTSE – Tuesday

Falling prices had the upper hand in trading on the Trinidad & Tobago Stock Exchange on Tuesday resulted in 3 stocks advancing, 4 declining and 7 holding firm as 14 securities changed hands, the same as on Monday, leading to a fall in all market indices.
Trading closed with 450,749 securities changing hands at a value of $7,406,212 compared to Monday’s trades of 1,204,518 valued at $18,120,647.
The Composite Index declined 1.20 points to 1,208.05, the All T&T Index lost 0.49 points to 1,790.45 and the Cross Listed Index was down 0.26 points to close at 83.83.
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| JMMB Group gained 3 cents to close at $1.26, with an exchange of 14,445 shares, Massy Holdings closed at $50, gaining 1 cent, with trades of 19,677 units valued at $983,848 and Scotiabank closed at $58.03, with a rise of 2 cents trading 501 shares.
Losses| Clico Investment lost 1 cent to close at $22.50 exchanging 52,200 shares valued at $1,174,548, First Caribbean International traded 10 cents lower to close at $7.60 exchanging 2,500 shares, Guardian Holdings lost 1 cent, to end at $16.09 with 2,159 shares changing hands and Unilever Caribbean closed at a 52 weeks’ low of $51.25, with a loss of 75 cents trading 40,000 shares valued at $2,050,000.
Firm Trades| Agostini’s traded 1,906 units at $20, Ansa Merchant Bank exchanged 35,227 shares at $40 at a value of $1,409,080, Berger Paints closed at $4.05, with 550 units changing hands, National Enterprises traded 700 units at $10.50. NCB Financial Group closed at $4.05 exchanging 248,158 shares valued at $1,005,490, One Caribbean Media closed at $15.01, with 11,925 shares trading and Trinidad & Tobago NGL exchanged 20,801 units at $21.90 valued at $455,548.

Grace takes 86% of TTSE trades

Grace Kennedy accounts for 86% of trades on the TTSE on Thursday.

Jamaica’s Grace Kennedy accounted for 86 percent of the volume and 38 percent of the value traded on the Trinidad & Tobago Stock Exchange on Thursday. The market closed with a sharp rise in the level of activity compared with Wednesday’s with 19 securities trading, compared to 13 on Wednesday.
The market traded 1,447,071 units at a value of $8,814,925 compared to Wednesday’s trades of 201,265 units valued at $1,870,224. At the close, 4 stocks advanced, 6 declined and 9 were unchanged.
The Composite Index gained 0.11 points to 1,209.50, the All T&T Index added 0.08 points to 1,791.60 and the Cross Listed Index gained 0.02 points to close at 84.07.
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| NCB Financial Group gained 5 cents to close at $4.05 trading 2,575 shares, Scotiabank closed at $58.01, gaining 1 cent with 371 shares changing hands, Trinidad Cement gained 1 cent to close at $4.15 exchanging 32,000 shares and Trinidad & Tobago NGL traded 50 cents higher, closing at $22.30 with 25,798 units changing hands at a value of $565,499.
Losses| Ansa McAL lost 1 cent to close at $66.01, with an exchange of 5,215 shares valued at $344,269, Clico Investment closed at $22.50, losing 1 cent trading 9,465 shares, JMMB Group traded at $1.23, with a loss of 3 cents exchanging 23,880 shares. Point Lisas closed at $3.88, losing 12 cents with 15,000 units trading, Scotia Investments closed at $1.90, with a loss of 23 cents trading 8,600 shares and West Indian Tobacco lost 6 cents to close at a 52 weeks’ low of $125.94, with 8,950 shares changing hands valued at $1,127,163.
Firm Trades| Ansa Merchant Bank exchanged 31,400 shares valued at $1,256,004, to close at $40, Berger Paints closed at $4.05, with 2,449 units changing hands, First Caribbean International exchanged 20,000 units at $7.70. Grace Kennedy traded 1,245,000 shares at $2.70, valued at $3,361,500, Guardian Holdings closed at $16.20, with an exchange of 1,243 units, Massy Holdings closed at $50, with an exchange of 55 shares. National Enterprises held firm at $10.49, with 288 units changing hands, One Caribbean Media remained at $15.01 with 200 units traded and Republic Financial Holdings remained at $101.90, with 14,582 shares changing hands at a value of $1,485,898.

Republic the dominant one on TTSE

Republic Financial Holdings had the largest value of trading on Wednesday on the TTSE.


Market activity on the Trinidad & Tobago Stock Exchange on Wednesday closed with Republic Financial Holdings dominating trading, with just over 56 percent of the total value traded followed by Scotiabank and Ansa McAL with 21 percent and 15 percent respectively.
A total of 16 securities changed hands compared to 13 on Tuesday with 3 stocks advancing, 2 declining, 11 holding firm and one stock closed at a 52 weeks’ low. A total of 373,818 shares were exchanged at a value of $18,441,277 compared to Tuesday’s trades of 366,775 units valued at $3,474,839.
The Composite Index lost 0.49 points to 1,212.50, the All T&T Index declined 1.47 points to 1,790.38 but the Cross Listed Index gained 0.07 points to 85.06.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 8 with lower offers.
Gains| Guardian Holdings gained 1 cent, closing at $16.21 trading 35,883 shares valued at $581,663, NCB Financial Group added 1 cent to close at $4.01 with an exchange of 10,000 units and Trinidad & Tobago NGL closed at $21.08, with gains of 3 cents exchanging 5,000 units.
Losses| First Citizens closed $31.80, with a loss of 5 cents trading 50 shares and One Caribbean Media traded 99 cents lower to close at a 52 weeks’ low of $15.01 exchanging 3,595 shares.
Firm Trades| Ansa McAl exchanged 41,476 shares at $66 valued at $2,737,406, Ansa Merchant Bank traded 784 shares at $40, Clico Investment closed at $22.51, with 1,800 shares changing hands. First Caribbean International held firm at $7.70, with 4,000 shares traded, Grace Kennedy exchanged 20,388 shares at $2.80 while JMMB Group remained at $1.27, after trading 20,070 shares. Massy Holdings traded 5,010 units to hold at $50.50, National Flour Mills closed at $2.20, in exchanging 3,049 shares, Republic Financial Holdings closed at $101.90, with 101,997 shares changing hands valued at $10,393,494. Scotiabank exchanged 66,513 units at $58 valued at $3,857,754 and Trinidad Cement closed at $4.15, with 54,203 shares traded.

Falling stocks pressure TTSE market index

Market activity on the Trinidad & Tobago Stock Exchange closed on Wednesday with the market indices declining and with 14 securities changing hands, the same as on Tuesday but with higher volumes traded.
A total of 402,382 shares were exchanged at a value of $1,582,095 compared to Tuesday’s trades of 250,286 valued at $2,050,058 with 1 stock advancing, 5 declining and 8 holding firm.
The Composite Index lost 2.53 points to 1,213.85, the All T&T Index fell 0.42 points to 1,792.75 and the Cross Listed Index declined 0.64 points to close at 85.10.
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| Trinidad & Tobago NGL gained 1 cent to close at $21.01, trading 12,408 shares.
Losses| First Caribbean International closed at $7.70, losing 5 cents with 23,000 shares changing hands, Massy Holdings lost 4 cents to close at $51.05 with trades of 1,541 shares, National Flour Mills traded 10 cents lower, closing at a 52 weeks’ low of $2.20 exchanging 90,765 shares, NCB Financial Group closed at $3.96, with a loss of 9 cents trading 89,000 shares valued at $354,700 and Trinidad Cement lost 1 cent to close at $4.19, with 14,367 shares changing hands.
Firm Trades| Ansa McAL held firm at $66, with an exchange of a mere 3 shares, Ansa Merchant Bank traded 466 shares at $40, Clico Investment exchanged 3,835 shares at $22.50. Grace Kennedy closed at $2.85, with 50,000 shares changing hands, JMMB Group remained at $1.27, with 96,730 shares, Prestige Holdings closed at $10.81 exchanging 24 shares. Scotiabank exchanged 533 shares at $58 and Scotia Investments traded 19,710 shares at $2.50.

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.