Trading activity on the Trinidad & Tobago Stock Exchange on Wednesday continues to reflect constrains by investors with slightly more stocks falling than rising in spite of gains in all indices due mainly to a 34 cents gain in Guardian Holdings.
Trading resulted in 10 securities changing hands compared to 8 on Tuesday; 3 stocks advanced, 4 declined and 3 held firm with 117,706 units being traded at a value of $3,555,197 compared to the Tuesday’s 162,833 shares valued at $2,093,835.
The Composite Index gained 0.88 points to 1,211.45 points, the All T & T Index advanced 1.42 points to 1,834.77 and the Cross Listed Index rose 0.04 points to 78.62 points.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 6 stocks with bids higher than last selling prices and 3 with lower offers.
Gains| Guardian Holdings gained 34 cents to close at $13 after trading 59,500 shares valued at $772,631, JMMB Group advanced 2 cents to 92 cents with 752 shares changing hands and West Indian Tobacco closed at $127 with an increase of 5 cents in the exchange of 15,542 units valued at $1,973,683.
Losses| Massy Holdings closed at $51.99, falling 1 cent with 161 shares changing owners, Scotiabank was down 8 cents, closing trading at $58.77 with an exchange of 1,111 shares. Trinidad & Tobago NGL lost 1 cent to close at $20.99 with 633 shares changing ownership and Unilever traded 10,000 shares and lost 1 cents to closing at $59.83.
Firm Trades | Grace Kennedy was unchanged at $2.67 with an exchange of 11,000 shares, Prestige Holdings held firm at $11 with 1,373 units trading and Trinidad Cement with 17,634 units traded, closed at $4.45.
Guardian help push TTSE index
3 new highs for Trinidad stocks
NCB closed at 52 weeks’ high on Tuesday on the TTSE.
Trading on Tuesday resulted in 8 securities changing hands compared to 11 on Friday. Market activity ended with 6 stocks rising, 2 declining while there were no stocks trading unchanged. A total of 162,833 shares being traded valued at $2,093,835 compared to 262,813 shares being traded, valued at $6,001,767 on Friday.
The Composite Index rose 1.04 points at 1,210.57, the All T&T Index lost 0.88 points to 1,833.35. The Cross Listed Index rose 0.41to end at 78.58 points with year to date gains of 55.65 percent.
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.
Gains| Clico Investments Fund gained 18 cents in trading 63,956 units valued at $1,458,197 to close at $22.80, Guardian Holdings traded 2,500 units to close 1 cent higher at $12.66, National Commercial Bank added 10,000 shares to stocks that traded and gained 5 cents to close at a 52 weeks’ high of $3.05. Point Lisas
traded 21,500 shares and gained 5 cents to end at $3.75, Sagicor Financial Corporation gained 7 cents with 47,548 valued at $371,083 to end at a 52 weeks’ high of $7.80 and Trinidad Cement traded 8,200 units with a rise of 5 cents to close at a 52 weeks’ high of $4.45.< Strong> Losses| Angostura Holdings fell 25 cents to close at $14.75 as 5,131 units changed hands and National Flour Mills fell 12 cents to close at $2.40 with 4,000 units trading.
Trinidad Cement drops back to $4.15
TCL retreated from its recent record close of $5.50 to $4.15 on Tuesday
The market closed on Tuesday with 18 securities changing hands in contrast to 10 on Monday with 8 stocks advancing, 7 declining and 3 remaining unchanged. A total of 483,249 shares valued at $2,376,016 compared to Monday’s trades of 174,656 shares valued at $3,712,321.
The Composite Index climbed 6.45 points to 1,229.47, the All T&T Index slid 2.38 points to 1,827.69 and the Cross Listed Index gained 2.10 points to 84.54.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 6 stocks with bids higher than last selling prices and 7 with lower offers.
Gains| Angostura Holdings added 3 cents and closed at $14.75 with an exchange of 14,100 units, Guardian Holdings rose 44 cents to $13.75 with trades of 10,000 shares, JMMB Group gained 5 cents to close at a new 52 weeks high of $1.25 with 173,162 shares being exchanged. National Commercial Bank gained 27 cents, closing at a 52 weeks’ high of $3.55 with 50,000 shares changing owners, Praetorian Property closed 5 cents higher, at $2.90 while trading 2,000 units. Sagicor Financial added 1 cent to close at $8.51 with an exchange of 14,294 shares, Trinidad & Tobago NGL closed at $21.02, gaining 2 cents with trades of 1,257 units and L.J. Williams B share advanced 5 cents to 71 cents with 93,650 units traded.
Losses| Berger Paints closed down 1 cent to $4.05 with 800 units traded, Clico Investment lost 1 cent to close at $22.51 after trading 3,777 shares, Massy Holdings dropped 30 cents, falling to $51.10 with trades of 14,243 valued at $727,818 and Republic Financial Holdings closed at $107.98, losing 21 cents with 46 units being exchanged. Scotiabank lost 5 cents to $58.70 trading 4,909 shares, Trinidad Cement fell 35 cents to $4.15, while exchanging 5,000 shares and Unilever Caribbean closed at $58.50 after sustaining a fall of $1.33 with 154 units changing hands.Firm Trades| First Citizens closed at $34 with 300 shares traded, Scotia Investments remained at $2.23 with 95,125 shares changing owners and West Indian Tobacco closed at $127 with 432 units switching ownership.
Trinidad stocks drop 6% in 2016
Trinidad Cement closed at a 52 weeks’ high on Friday.
While the values of the Trinidad based company declined that for the wider Caribbean grew by nearly 58 percent and resulted in the Composite index rising but by only 4 percent. The market closed the year on a positive note, with the IC bid-offer Indicator | showing the strongest reading for the last two trading days of the year with just 2 stocks closing with bids that were lower than their last sale price.
Trading on Friday resulted in 11 securities changing hands compared to 13 on Thursday. Market activity ended with 5 stocks rising, 1 declining and 5 holding firm, with 262,813 shares being traded valued at $6,001,767 compared to 155,564 shares being traded valued at $1,446,576 on Thursday.
The Composite Index rose 3.37 points to end the year at 1,209.53, the All T&T Index gained 1.35 points to 1,834.23 with a year to date loss at 6 percent. The Cross Listed Index rose 0.71 points at 78.17 points with year to date gains of 57.89 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 2 with lower offers.
Gains| Clico Investments Fund gained 1 cent in trading 665 units at $22.62, First Citizens Bank had 6,760 units trading with a gain of 25 cents to end at $35, JMMB Group traded 181,727 units to end at 90 cents with a 1 cent rise.
National Commercial Bank added 6,999 shares to stocks that traded and gained 10 cents to close at $3 and Trinidad Cement traded 2,000 units with a rise of 5 cents to close at a 52 weeks’ high of $4.40.Losses| Grace Kennedy traded 730 shares but lost 1 cent to close at $2.67
Firm Trades| Massy Holdings contributed just 12,350 shares with a value of $642,200 to end at $52, Readymix West Indies closed trading with 5,000 shares trading at $10.99. Republic Financial Holdings with a volume of 44,125 shares valued at $4,784,915 changing hands, closed at $108.44, Trinidad and Tobago NGL traded 1,909 shares at $21 and Unilever Caribbean ended with 548 units trading, to end at $59.84.
6 stocks rise on TTSE – Wednesday
Sagicor Financial closed at a 52 weeks’ high on Wednesday on the TTSE.
The Composite Index rose 2.04 points to 1,206.16, the All T&T Index gained 1.11 points to 1,832.67 with a year to date loss at 5.94 percent. The Cross Listed Index advanced by 0.40 to end at 77.46 points with year to date gains of 56.45 percent.
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| Clico Investments Fund traded 2,000 units at $22.61 after adding 1 cent, First Citizens Bank had 5,214 units trading with a gain of 44 cents to end at $34.99, National Commercial Bank traded 145,444 units valued at $421,788 and gained 3 cents to end at $2.90. Sagicor Financial Corporation gained 7 cents to end at
a 52 weeks’ high of $7.73 with 800 shares changing hands, Scotiabank gained 7 cents in trading 8,737 shares at $58.85 and Trinidad Cement traded 10,220 units with a rise of 10 cents to close at a 52 weeks’ high of $4.35.Losses| Republic Financial Holdings with a volume of 8,193 shares valued at $888,448 being traded, closed with a loss of 1 cent at $108.44 and Trinidad and Tobago NGL fell 25 cents, in trading 6,476 shares at $21.
Firm Trades | Guardian Holdings traded 12,558 units to close at $12.65, JMMB Group traded 101,000 units to end at 89 cents, Massy Holdings contributed just 91 shares to end at $52 and LJ Williams ended with 17,300 B shares trading at 66 cents.
One new high & 1 low on TTSE – Thursday
Scotia Investments traded at a new high on Thursday of TT$2.01.
Market Activity resulted in 435,352 shares being traded valued at $9,756,871 compared to 94,976 shares being traded valued at $1,384,143 on Wednesday.
The Composite Index rose 0.29 points to 1,205.68, the All T&T Index gained 0.56 points to 1,833.65 with a year to date loss at 5.91 percent. The Cross Listed Index remained unchanged at 77.20 points with year to date gains of 55.93 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 6 stocks with bids higher than last selling prices and 7 with lower offers.
Gains| Guardian Holdings traded 30,678 units with a value of $388,217 after rising 13 cents to close at $12.65 and Scotia Investments traded 315,000 shares to close at a 52 week’s high of $2.01, after gaining 1 cent.
Losses| Clico Investments lost 20 cents with 54,459 shares being traded, to close at $22.60, Readymix West Indies closed at a 52 week’s low of $10.99, after falling by 1 cent, with 2,999 shares changing owners and West Indian Tobacco fell 2 cents on the trading of 101 shares to close at $126.88.Firm Trades | Massy Holdings contributed 8,455 shares valued at $439,651 to end at $52, Republic Financial Holdings with a volume of 75,484 shares valued at $8,186,240 being traded, closed at $108.45, Scotiabank traded 174 shares to close at $58.78 and Trinidad and Tobago NGL fell 10 cents, in trading 1,591 shares at $21.25.
Only 1 stock fell on TTSE
Trading on the Trinidad & Tobago Stock Exchange on Wednesday resulted in 8 securities changing hands compared to 9 on Tuesday. Market activity ended with 3 stocks that advanced, 1 declined and 4 held firm with 94,976 shares being traded valued at $1,384,143 compared to 107,398 units at a value of $1,567,701 on Tuesday.
The Composite Index slipped 0.01 point to 1,205.39, the All T&T Index remained at 1,833.09 with a year to date loss at 5.91 percent. The Cross Listed Index remained unchanged at 77.20 points with year to date gains of 55.93 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 6 stocks with bids higher than last selling prices and 9 with lower offers.
Gains| Clico Investments with 54,459 shares being traded, closed at $22.80, Guardian Holdings 
traded 3,502 units at $12.52, after rising by a cent and Sagicor Financial Corporation gained 2 cents on the trading of 4,088 shares to close at $7.66 to be the sole stock rising.
< Strong> Losses| Grace Kennedy closed at $2.68, after falling by 1 cent with 6,527 shares changing owners.
Firm Trades | Ansa McAl traded just 2 shares at $66.50, JMMB Group was unchanged at 89 cents with an exchange of 3,000 shares, Point Lisas traded 3,412 shares at $3.70 and Scotia Investments traded 19,986 shares to close at $2.
Falling stocks beat rising ones 4 to 1 on TTSE
Trading on the Trinidad & Tobago Stock Exchange on Tuesday resulted in only 9 securities changing hands compared to 7 on Monday. Market activity ended with only 1 stock that advanced, 4 declined and 4 held firm with 107,398 units being traded at a value of $1,567,701 compared to Monday’s 140,454 shares valued at $1,002,987.
The Composite Index slipped 0.15 point to 1,205.40, the All T&T Index lost 0.29 point to 1,833.09 with its year to date loss at 5.91 percent. The Cross Listed Index remained at 77.20 points with year to date gains of 55.93 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 7 stocks with bids higher than last selling prices and 8 with lower offers.
Gains| Massy Holdings jumped $1 on the trading of 1,351 shares to close at $52 to be the sole stock rising.
< Strong> Losses| First Citizens Bank closed at $34.55, after falling by 37 cents with 112 shares changing 
owners, LJ Williams lost 1 cent in closing at 66 cents with 39,168 shares changing hands. Trinidad & Tobago NGL fell 24 cents to close at $21.25 with 2,123 shares changing ownership and West Indian Tobacco lost 5 cents to end at $126.90 with 10,000 units changing hands.
Firm Trades | Clico Investments with 87 shares being traded, closed at $22.60, JMMB Group was unchanged at 89 cents with an exchange of 48,223 shares, National Flour traded 45,000 shares at $2.52 and Trinidad Cement closed at $4.25 while trading 9,644 shares.
Low activity continues on TTSE
Trading on the Trinidad & Tobago Stock Exchange on Monday resulted in only 7 securities changing hands compared to 6 on Friday. Market activity ended with only 1 stock that advanced, 3 declined and 2 held firm with 140,454 units being traded at a value of $1,002,987 compared to Friday’s 90,693 shares valued at $416,211.
The Composite Index slipped 0.21 point to 1,205.55, the All T & T Index lost 0.42 point to 1,833.38 with its year to date loss at 5.91 percent. The Cross Listed Index remained at 77.20 points with year to date gains of 55.93 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 7 stocks with bids higher than last selling prices and 8 with lower offers.
Gains| First Citizens Bank closed at $34.92, rising 2 cents with 13,224 shares changing owners and Trinidad & Tobago NGL rose 4 cents to close at $21.49 with 227 shares changing ownership.
< Strong> Losses| Guardian Holdings traded 26,950 shares and lost 14 cents to close at $12.51
Firm Trades | Clico Investments with 87 shares being traded, closed at $22.60, JMMB Group was unchanged at 89 cents with an exchange of 48,223 shares, National Commercial Bank ended at $2.87 with 47,000 shares changing hands and Point Lisas traded unchanged at $3.70 with an exchange of 6,743 shares.
Trading activity remains low on TTSE
Trading on the Trinidad & Tobago Stock Exchange on Friday resulted in 6 securities changing hands compared to 10 on Thursday. Market activity ended with only 1 stock that advanced, 3 declined and 2 held firm with 90,693 units being traded at a value of $416,211 compared to Thursday’s 32,776 shares valued at $570,141.
The Composite Index gained 0.48 points to 1,205.76, the All T & T Index advanced 0.96 point to 1,833.80 with its year to date loss at 5.89 percent. The Cross Listed Index remained at 77.20 points with year to date gains of 55.93 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 6 stocks with bids higher than last selling prices and 7 with lower offers.
Gains| Trinidad Cement advanced 15 cents to $4.25 with 19,065 shares changing hands just 25 cents short of the price offered by a Cemex’s subsidiary, to acquire majority shares in the company.
Losses| First Citizens Bank closed at $34.90, falling 1 cent with 1,250 shares changing owners, L.J. Williams was down 4 cents, closing trading at 52 weeks’ low of 67 cents with an exchange of 18,500 and Trinidad & Tobago NGL lost 6 cents to close at $21.45 with 773 shares changing ownership.
Firm Trades | JMMB Group was unchanged at 89 cents with an exchange of 41,105 shares and Clico Investments with 10,000 shares being traded, closed at $22.60.