Trading levels on the Trinidad stock market on Wednesday was moderate with 10 securities changing hands of which 3 advanced 2 declined and 5 traded firm with 219,377 stocks trading with a value of $2,520,485. The Composite Index rose by 0.66 points to close at 1,181.10, the All T&T Index rose fell by just 0.79 points to close at 2,026.68 and the Cross Listed Index gained a mere 0.07 points to end at 43.96
Gains| Stocks increasing in price at the close are, National Commercial Bank with 606 shares changing hands and closed with a 1 cent advance to $1.06 and Neal & Massy with 1,000 shares traded to close 5 cents higher at $68.95 for a new 52 weeks high, Republic Bank increased by 30 cents to end the day at $121 while trading 2,700 shares with a value of $326,700.
Declines|The stocks declining at the end of trading are Scotiabank with 8,296 shares traded for $575,637, the price lost 7 cents to close at $69.38 for a new 52 weeks low and West Indian Tobacco with 433 shares, declined by 7 cents to close at $118.
Firm Trades| Stocks closing with prices unchanged at the end of trading are ANSA McAL with a mere 22 shares to close at $66.29, Clico Investment Fund traded 65,000 shares valued at $1,404,000 to close at $21.60, Guardian Holdings with only 67 shares to close at $14.75, Jamaica Money Market Brokers with 139,753 shares changing hands for a value of $62,889 closed at 45 cents, National Enterprises added 1,500 shares valued at $28,125 to close at $18.75.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than the last selling price and 2 stocks with offers that were lower. Of note is First Citizens ended with an offer of $37.29 to sell 4,163 units compared to the last selling price of $37.43 and Point Lisas has a bid of $4.15 for 4,000 units compared with a last sales of $4. Both closing quotes suggest that when next these stocks trade there should be a noticeable price change.
Moderate trading as 3 up 2 down on TTSE
TTSE – 3 up 6 down & 2 new highs
Trading levels on the Trinidad stock market was moderate with 13 securities changing hands of which 3 advanced 6 declined and 4 traded firm with 118,765 stocks trading with a value of $2,455,859. The Composite Index lost 0.40 points to close at 1,180.44, the All T&T Index fell by just 0.65 points to close at 2,025.89 and the Cross Listed Index dipped by a mere 0.02 points to end at 43.89.
Gains| Stocks increasing in price at the close are Clico Investment Fund traded 23,520 shares valued at $506,680 and the price advanced by 10 cents to end at $21.60, Neal & Massy had 2,613 units changing hands to close with a 5 cents gain at $68.90 for a new 52 weeks high and Unilever Caribbean hit another 52 week high with the price increasing 19 cents to end the day at $62.20.
Declines| The stocks declining at the end of trading are Agostini’s with 100 shares, ended with a 1 cent loss at $17.48, First Citizens lost 4 cents in trading a mere 5 shares to end at $37.43, Prestige Holdings 2,000 shares at $9.40 with a 1 cent fall, Sagicor Financial with a volume of 25,000 shares being traded for $168,000, the price closed a cent lower, at $6.72, while Scotiabank had 4,014 shares valued at $278,774 units changing hand as the price dipped by 16 cents to end at $69.45 and West Indian Tobacco with 984 shares closed at $118.06 while giving up a cent.
Firm Trades| Stocks closing with prices unchanged at the end of trading are Angostura Holdings with 51,157 shares changing hands for a value of $652,252 closed at $12.75, followed by ANSA McAL contributed 6,000 shares with a value of $397,740 to end at $66.29, Guardian Media traded 2,513 units and closed at $9.75 and Republic Bank with 554 shares at $120.70.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bid higher than the last selling price and 3 stocks with offers that were lower.
Activity picked up, will it last?
The market saw a pick-up in trading, with 19 securities being active, of which 6 advanced, 3 declined and 10 traded firm with 1,112,248 stocks trading, valued at $15,182,744.
The Composite Index lost 0.40 points to close at 1,180.79, the All T&T Index rose by 0.24 points to close at 2,018.14 and the Cross Listed Index fell 0.14 points to close at 45.02.
Gains| Stocks increasing in price at the close are, ANSA Mcal trading 100 shares, to close at $66.45, up a cent, Guardian Holdings traded 3,000 units, as the price rose a cent, to $13.51, Jamaica Money Market Brokers with 218,853 shares traded for $109,249, gained 2 cents, to close at 50 cents, National Flour Mills with 543,441 shares changing hands for a value of $590,815, rose 2 cents to end at $1.09 and One Caribbean Media stock price rose by 6 cents, to end the day at $20.46 as 10,401 units were traded, and it closed at a new 52 weeks high and Point Lisas Industrial Port Development traded 500 units, to close with a 4 cents loss, at $3.75.
Declines| Agostini’s traded 200 shares and lost a cent to end at $17.57, Prestige Holdings with 6,280 shares, traded at $9.37, with a fall of 4 cents and Sagicor Financial Corporation added 65,237 shares valued at $440,350 and lost 27cents, to close at $6.75.
Firm Trades| Stocks closing with prices unchanged at the end of trading, are Angostura Holdings which exchanged 56,200 shares, valued $3,734,490 and closed at $13, Ansa Merchant Bank with 1,074 shares, closed at $38.49, Clico Investment Fund closed at $21.58 with 1.945 units changing hands, First Citizens Bank exchanged 10,063 units at $38.50, with a value of $387426, Firstcaribbean International Bank with 37,610 shares changing hands for a value of $206,855, closed at $5.50, while Neal & Massy with 5,705 shares closed at $67, Praetorian Property Mutual Fund with 5,000 shares changing hands, closed at $3.40, Scotiabank with 3,797 shares changing hands closed at $70, Trinidad Cement with 44,917 shares closed at $2 and West Indian Tobacco contributed 97,925 shares with a value of $11,555,150 to close at $118.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.
PE ratio weekly moves| Prices for quite a few stocks changed during the week, but with moderate effect on the PE ratios. Biggest losers were, Trinidad Cement which pushed the potential gain to 615 percent and National Flour Mills that fell to $1.07 from $1.20 at the start of the week and saw the potential gains, climbing to 229 percent, up from 193 percent last week. Guardian Holdings made moderate gains and Citizens continued its recovery, by closing at $38.51 on the bid, up from $38.02 last week. One Caribbean Media and Neal and Massy both closed at new 52 weeks highs, but still has more to gain as they remain undervalued. The average PE ratio for the market is at 14, with 7 stocks trading below and 3 trading just above the average.
Citizens march on TTSE
First Citizens Bank continues its recover, by ending with another gain in the march towards the $40 mark once more, on a day with trading in 12 securities, of which 4 advanced, 3 declined and 5 traded firm. Only 93,287 stocks traded, with a value of $5,597,251.
The Composite Index advanced 1.53 points to close at 1,181.19, the All T&T Index rose by 3.05 points to close at 2,017.90 and the Cross Listed Index remained flat at 45.16.
Gains| Stocks increasing in price at the close are, Ansa Merchant Bank trading 3,520 units, to close with a gain of 9 cents at $38.49, First Citizens Bank with 29,063 shares changing hands, for a value of $1,118,588, to close at $38.50, up 28 cents, Neal & Massy enjoyed a 50 cents gain, to end the day at $67, a new 52 weeks high, with 1,650 shares changing hands and Republic Bank with 23,853 shares being traded for $2,870,709, gained 2 cents to close at $120.35.
Declines| In trading, Agostini’s with 569 shares, closed at $17.58 and lost a cent, ANSA McAL lost a cent in trading 148 units, to close at $66.44 and Clico Investment Fund fell by 2 cents, to close at $21.56 in posting 8,395 shares valued at $181,005.
Firm Trades| Stocks closing with prices unchanged, at the end of trading, are Guardian Holdings that contributed 14,746 shares, with a value of $199,071, to close at $13.50, Sagicor Financial Corporation 2,000 units to close at $7.02, Scotiabank traded just 198 units at $70 and Trinidad Cement with 1,250 shares changing hands, closed at $2 while West Indian Tobacco added 7,895 shares valued at $931,610 and closed at $118.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bid higher than their last selling prices and only 1 with the offer that was lower.
Securities traded up but prices mixed
There was trading in 16 securities on the Trinidad Stock Exchange on Wednesday, 4 advanced, 3 declined and 9 traded firm, as 157,712 shares traded with a value of $1,646,580.
Market activity lead to two new 52 weeks highs and moderate movements in the indices, with the Composite Index edging up 0.43 points to close at 1,169.87, the All T&T Index gaining 1.73 points, to close at 1,985.33 and the Cross Listed Index declining by 0.12 points to 46.49.
Gains| First Citizens Bank contributed 17,200 shares with a value of $596,996 and gained 70 cents, to close at $34.70, Praetorian Property Fund advanced by a cent to end at $3.41, as it traded 2,000 units, Republic Bank traded a mere 83 units, as the price moved up a cent, to close at $120.17 for a new 52 weeks high and Unilever Caribbean traded just 31 shares to close 2 cents higher at $58.22, a new 52 weeks high.
Firm Trades| Stocks trading with unchanged closing prices, are Angostura Holdings with 16,470 shares valued at $181,170, to close at $11, Flavorite Foods with 33 units at $7, Grace Kennedy with 45,600 shares changing hands for a value of $159,600 and closed at $3.50, National Flour Mills 10,000 shares at $1.26, Neal & Massy 100 shares at $66.31, Prestige Holdings 500 units at $9.35, Scotiabank 138 shares at $71, Trinidad Cement 895 units at $2.06 and West Indian Tobacco 216 units at $118.
Declines| Clico Investment Fund traded 13,277 shares valued at $288,603 as the price declined by 15 cents, to end at $21.70, Jamaica Money Market Brokers traded 6,300 shares to close down 2 cents to 54 cents and Sagicor Financial Corporation with a volume of 44,667 shares traded for $312,669 as the price shed 3 cents, to end at $7.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with bids higher than their last selling prices and 3 stocks with offers that were lower.
Trinidad’s sleepy market
Stock market activity in Trinidad on Tuesday, saw trading in 13 securities, of which 3 advanced, 2 declined and 8 traded firm as 603,335 shares changed hands, for $7,429,236. The Composite Index edged up by 0.41 points to 1,177.62, the All T&T Index declined by 0.14 points to close at 1,999.62 and the Cross Listed Index inched up by 0.13 points to 46.65.
Gains| Clico Investment Fund traded 70,814 shares valued at $1,540,905 and gained 6 cents, to end the day at $21.76. Jamaica Money Market Brokers with 230,942 shares changing hands for a value of $122,179, closed 3 cents higher at 53 cents, Republic Bank with 955 units at $120.05 up 2 cents, a new 52 weeks high.
Firm Trades| Stock trading unchanged are Agostini’s with 471 units at $17.75, ANSA McAL 10 shares at $66.49, Angostura Holdings 10 shares at $11, National Flour Mills with a volume of 172,504 shares traded for $215,574 to close at $1.25, Point Lisas Industrial Port Development 300 shares at $3.65, Sagicor Financial Corporation 13,200 shares to close at $7.05, Guardian Media 957 units at $19.75 and West Indian Tobacco which added 17,501 shares valued at $2,065,118 to close at $118.
Declines First Citizens Bank contributed 88,671 shares with a value of $3,223,211 to close 4 cents lower at $36.35, Grace Kennedy traded 7,000 units to close with a one cent fall at $3.63.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than the last selling price and 5 stocks with offers that were lower.
Moderate demand on TTSE but 5 stocks up
Activity on the Trinidad Stock Exchange resulted in the trading of 10 securities on Friday of which 5 advanced, 3 declined and 2 traded firm.
A moderate volume of securities traded amounting to only 220,535 shares valued at $957,901. The Composite Index eased back by 0.89 points to close at 1,178.27, the All T&T Index declined by 2.73 points to 2,000.85 and the Cross Listed Index edged up by 0.13 points to close at 46.66.
Gains| In trading, First Citizens Bank moved 54 cents higher to close at $36.69 with 4,489 shares, First Caribbean International Bank traded 5,000 units at $5.76 for a one cent gain, Jamaica Money Market Brokers gained 2 cents to close at 47 cents, with 102,137 shares changing hands, for a value of $48,004. National Flour Mills traded 60,400 shares for $75,500 with the price closing 8 cents up, to end the day at $1.25, for a new 52 weeks’ high, Republic Bank had 1,335 shares changing hands to close 2 cents higher at $120.02, for a new 52 weeks’ high.
Firm trades| Clico Investment Fund traded 7,325 shares valued at $159,040, the price held at $21.71 and Scotiabank traded 2,622 units to close at $72.
Declines| Guardian Holdings lost a cent, to close at $14.14 in trading 2,000 shares, Trinidad Cement contributed 29,657 shares with a value of $65,245 while losing 10 cents, to close at $2.20 and Sagicor Financial Corporation added 5,570 shares valued at $40,605 and closed down a cent, at $7.29.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bid higher than the last selling price and 5 stocks with offers that were lower.
No winners to be found on TTSE
Market activity on Thursday resulted in the trading of 8 securities of with none advancing, 4 declining and 4 traded firm, only 41,934 shares traded valued at $2,251,206.
The Composite Index eased by 1.08 points to close at 1,179.16, the All T&T Index declined by 2.10 points to 2,003.58 and the Cross Listed Index edged down by 0.01 points to close at 46.53.
Firm trades| First Caribbean International Bank traded 540 units at $5.75, National Commercial Bank contributed 2,400 shares and closed at $1.17, Republic Bank had 12,718 shares changing hands for a value of $1,526,160 to close at $120, West Indian Tobacco added 1,378 shares valued at $162,604 and closed at $118.
Declines| Clico Investment Fund traded 19,700 shares valued at $427,699, the price fell 18 cents to end at $21.72, First Citizens Bank traded 1,148 units, 83 cents lower at $36.15, Grace Kennedy with 3,000 shares traded for $10,920 closed at $3.64 being down a cent and Scotiabank traded 1,050 units in falling 47 cents to close at $72.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than the last selling price and 4 stocks with offers that were lower.
Low market activity on TTSE
Trading activity on the Trinidad Stock Exchange saw 304,133 shares changing hands valued at $774,343 as 11 securities traded of which 2 advanced, 3 declined and 6 traded firm.
The Composite Index fell 1.92 points to close at 1,180.24, the All T&T Index declined by 3.82 points to 2,005.68 and the Cross Listed Index remained at 46.54.
Gains| Clico Investment Fund traded 10,444 shares valued at $226,889 and advanced by 5 cents to end at $21.72 and National Flour traded 10,000 shares valued at $11,700 as the price rose 2 cents to $1.17 a new 52 weeks high.
Firm trades| Stocks trading unchanged are Jamaica Money Market Brokers with 261,044 shares changing hands for a value of $117,470 as the price closed at 45 cents, Scotia Investments contributed 5,005 shares with a value of $7,958 as the price closed at $1.59, Prestige Holdings added 5,000 shares valued at $46,500 and closed at $9.30, Point Lisas Industrial Port Development 2,281 shares at $3.65, Neal & Massy 1,898 shares at $66.30 and First Caribbean International Bank 1,343 units at $5.75
Declines| First Citizens Bank traded 200 shares and lost 37 cents to close at $36.98, Guardian Holdings 4,918 units to end at $14.15, down 32 cents and Scotiabank 2,000 shares at $72.47, down 3 cents.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than the last selling price and 4 stocks with offers that were lower.