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. 
JMMB 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.
TCL at 52 weeks’ high on TTSE
Junior index drops 3.5% on Friday
Lasco Manufacturing fell 15 cents to help pull the index down
The large decline in the index would be due a lot, to the fall of Lasco Manufacturing with a large number of issued shares.
At the close, 5 securities ended with no bids to buy, while 7 had no stocks being offered for sale and 6 stocks closed with bids higher than the last traded prices and 1 closed with a lower offer.
Stocks trading are, Access Financial traded 2,500 shares to close with a 2 cents fall to $12, Caribbean Cream lost 30 cents with 14,300 shares changing hands at $1.60, Dolphin Cove
traded just 1,210 shares with a loss of 65 cents to end at $12.25, Knutsford Express had 1,500 shares changing hands at $6.10 for a 10 cents gain. Lasco Distributors closed with 490,000 units trading at $1.90 to gain 5 cents, Lasco Financial ended with 629,255 shares changing hands at $1.80. Lasco Manufacturing closed with 191,077 units trading, ending with a loss of 15 cents at $1.80, Medical Disposables ended with 141,958 shares changing hands to close at $2.36 after gaining 1 cent and Eppley preference share 2019 traded 103,836 units at $6.05.
3 stocks up 2 down on TTSE
Guardian Holdings closed with a small gain on Thursday
At the close, the Composite Index lost 0.14 points to 1,146.37, the All T&T Index fell 29 points to 1,949.49 and the Cross Listed Index remained at 45.03.
Gains| Guardian Holdings with 8,000 shares changing hands to close at $13.91 for a gain of a cent, Guardian Media traded 5,000 shares with the price ending at $19.77 up by 1 cent and Trinidad Cement closed at $2.76 with 51,000 shares changing hands with a 1 cent gain.
Losses| National Enterprises with 10,244 shares changing hands, and lost 5 cents, to close at a 52 weeks’ low at $16.95 and Republic Bank suffered a loss of 5 cents to close at a 52 weeks’ low of $113.93 while 435 shares changing hands,
Firm Trades| Clico Investment Fund posted a volume of 100,000 shares valued at $2,255,093 and remained at $22.55. First Citizens Bank had 7,031 shares changing hands to end at $35, Massey Holdings closed with 3 units trading at $62.49, National Commercial Bank traded 60,000 shares at $1.63, Point Lisas traded 500 shares at $4.07, Sagicor Financial Corporation closed with 19,000 shares changing hands at $6 and Scotiabank closed with only 200 shares changing hands unchanged at $62.50.IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 8 stocks with the bid higher than their last selling prices and 4 stocks with offers that were lower.
4 junior stocks fell 0 up on Wednesday
Trading on Wednesday ended with just 1,672,256 units, valued at $3,304,951 changing hands from a total of 8 securities that traded. The price of none stock declined and 4 advanced with the junior market index shedding 7.29 points to close at 983.49.
At the close, 5 securities ended with no bids to buy, while 5 had no stocks being offered for sale and 4 stocks closed with bids higher than the last traded prices and 2 closed with lower offers.
Stocks trading are, Caribbean Producers traded 131,644 shares unchanged at $2.50, Derrimon Trading ended with 29,000 shares changing hands at $2.30 after losing 35 cents, Knutsford Express traded just 15,000 shares at $6, Lasco Distributors closed with 263,298 units trading at $1.87. Lasco Financial ended with 677,150 shares changing hands at $1.85, Lasco Manufacturing closed with 549,634 units trading, ended with a gain of 19 cents to end at $2, Paramount Trading ended with 4,273 shares changing hands at $5.75 and Eppley cumulative preference share 2019, ended with 2,257 units changing hands at $6.05.
Sedate trading on TTSE
With general elections out of the way, the Trinidad & Tobago Stock Exchange closed with only 7 securities changing hands. The price of 1 stock rose, none declined and 6 traded with price unchanged. A total of 64,131 units traded, valued at $1,027,165. |
At the close, the Composite Index added 0.15 points to 1,146.51, the All T&T Index remained at 1,949.78 and the Cross Listed Index rose 0.04 points to 45.03.
Gains| > Sagicor Financial Corporation closed with 25,100 shares changing hands at with a gain of 5 cents to $6.
Firm Trades| Angostura Holdings ended with only 540 units trading at $14.50, well down on the 1 million shares valued at $14,500,000 changing hands on Tuesday, Ansa Merchant Bank traded 1,296 units at $38.94, Clico Investment Fund posted a volume of 
31,400 shares valued at $708,070 and remained at $22.55. First Citizens Bank had 2,645 shares changing hands to end at $35, Massy Holdings closed with 150 units trading at $62.49 and Trinidad Cement closed at $2.75 with 3,000 shares changing hands.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than their last selling prices and 6 stocks with offers that were lower.
J$ smelling $120 to US$1 on Tuesday
The selling rate for the Jamaican dollar is within smelling distance from $120 to the US dollar on Tuesday. Purchases by dealers of foreign currencies on Tuesday saw dealers buying the equivalent of US$42,927,303 in contrast to US$23,781,584 on Monday, while they sold the equivalent of US$39,419,041, previously US$27,537,023.
In US dollar trading , dealers bought US$40,544,295 compared to US$20,212,171 on Monday. 
The buying rate for the US dollar rose 69 cents to $117.82 and US$37,654,298 was sold versus US$26,270,588 on Monday, the selling rate rose 9 cents to close at $118.43. The Canadian dollar buying rate climbed $1.04 to $86.91, with dealers buying C$1,003,271 and selling C$587,023, at an average rate that slipped 25 cents to $88.24. The rate for buying the British Pound gained 80 cents to $177.91 for the purchase of £1,006,635, while £771,681 was sold, at an average rate that rose $1.65 to end at $180.79. At the end of trading, it took J$132.06 to purchase the Euro, an increase of 72 cents on Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.75, a fall of 10 cents on Monday’s rate. Other currencies bought, amounted to the equivalent of US$122,771, while the equivalent of US$149,320 was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 30 cents to $119.15, the lowest buying and the highest selling rates remain unchanged 
at $96.78 and $124.01 respectively and the lowest selling rate rose $2.07 to $98.43. The highest buying rate for the Canadian dollar rose 14 cents to $89.39, the lowest buying rate fell 25 cents to $70.55 and highest selling rate added 15 cents to end at $91.62, the lowest selling rate remained unchanged at $85. The highest buying rate for the British Pound, climbed 70 cents to $182.50, the lowest buying, the highest and the lowest selling rates were unchanged at $144.09, $185.75 and $173.60 respectively.
4 junior stocks up 0 down Tuesday
Trading on Tuesday ended with just 250,010 units, valued at $593,128 changing hands from a total of 9 securities that traded. The price of none stock declined and 4 advanced with the junior market index adding 20.34 points to close at 990.78.
At the close, 5 securities ended with no bids to buy, while 4 had no stocks being offered for sale and 5 stocks closed with bids higher than the last traded prices and 4 closed with lower offers.
Stocks trading are, AMG Packaging closed at $3.65 with 1,000 units changing hands, Blue Power closed with 550 units changing hands to close at $13.70 with a gain of 10 cents, Caribbean Cream ended with 600 shares changing hands at $1.90 to gain 15 cents, Caribbean Producers traded 108,777 with a gain of 10 cents to $2.50. Knutsford Express traded just 200 shares at $6, Lasco Distributors closed with 27,000 units trading at $1.87, Lasco Financial ended with 27,000 shares changing hands at $1.85 and Lasco Manufacturing closed with 83,406 units trading, ended with a gain of 19 cents to end at $2.
J$ at lowest against US on Monday
The selling rate for the Jamaican dollar fell to it’s lowest, against the US dollar on Monday, with US$6 million more sold than bought. Purchases by dealers of foreign currencies on Monday, resulted in the Jamaican currency selling rate slipping against the Canadian dollar and the British Pound.
The market closed with dealers buying the equivalent of US$23,781,584 in contrast to US$43,580,467 on Friday, while they sold the equivalent of US$27,537,023, previously US$34,164,793.
In US dollar trading , dealers bought US$20,212,171 compared to US$40,116,402 on Friday. The buying rate for the US dollar declined 55 cents to $117.13 and US$26,270,588 was sold versus US$27,537,023 on Friday, the selling rate rose 18 cents to close at $118.34. The Canadian dollar buying rate fell 47 cents to $85.87, with dealers buying C$1,123,358 and selling C$669,416, at an average rate that slipped 90 cents to $88.49.
The rate for buying the British Pound fell 77 cents to $177.11 for the purchase of £1,693,501, while £459,251 was sold, at an average rate that fell 24 cents to end at $179.14. At the end of trading, it took J$131.34 to purchase the Euro, an increase of 23 cents on Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.85, a rise of 47 cents on Friday’s rate. Other currencies bought, amounted to the equivalent of US$185,140, while the equivalent of US$70,662 was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 10 cents to $118.85, the lowest buying rate gained 9 cents to $96.78 and the highest selling rate rose 32 cents to $124.01. 
The lowest selling rate dived $17.64 to $96.36. The highest buying rate for the Canadian dollar lost 15 cents to $89.25, the lowest buying rate closed 33 cents higher at $70.80 and highest selling rate remained unchanged at $91.47. The lowest selling rate added 10 cents to end at $85. The highest buying rate for the British Pound, climbed $1.20 to $181.80, the lowest buying rate eased 45 cents to $144.09, the highest selling rate dropped $1.70 to $185.75 and the lowest selling rate lost 40 cents to $173.60.
NCB adds $2.50 to regain $30 on JSE
The Jamaica Stock Exchange closed trading with a total of 28 securities changing hands and 2,579,234 units traded, valued at $15,166,869. At the end 10 stocks rose, 9 declined in all market segments and one in the preference section ended at a new low.
The JSE Market Index fell 160.92 points to 100,132.54. The JSE All Jamaican Composite index lost 179.86 points to 110,860.26 and the JSE combined index declined 120.43 points to end at 103,201.79.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 10 stocks with bids higher than their last selling prices and 4 with offers that were lower.
In trading, Cable and Wireless had 528,065 shares changing hands and closed at 52 cents,
Desnoes & Geddes traded 1,015,300 shares at $7 and gained 20 cents, Gleaner Company traded 7,000 shares at $1.85, Grace Kennedy traded 3,993 units at $63, JMMB Group traded 117,375 units and rose 5 cents to end at $7.65. Kingston Wharves closed unchanged at $7 with 10,100 shares changing hands, National Commercial Bank traded 117,375 shares and closed with a gain of$2.50 at $30, Sagicor Group with 44,714 shares changing hands, closed at $12.50 for a loss of 50 cents, Sagicor Real Estate Fund traded 64,063 units and lost 10 cents to settle at $7.90. Scotia Group traded 16,081 units between $25.01 and $26.90 but closed with a gain of 40 cents at $26.90. At the close there were 12 offers ranging between $26.90 and $30, 
starting with 71,299 shares at $26.90, on the buy side, bids which are not yet close to the last selling price, start at $25.10 to buy 800 shares. Scotia Investments lost $2.40 and ended at $24.10 while 1,000 units traded. Proven Investments ordinary share, traded 5,754 units at 20.11 US cents, down from 21 US cents Supreme Ventures ended at $4.14 with 25,500 units changing hands. Jamaica Money Market Brokers 7.50% preference share traded 21,050 units at $2 and Jamaica Money Market Brokers 8.75% preference share traded 15,000 units at $2.88 and shed 12 cents in the process to close at a 52 weeks’ low.
3 stocks gained 1 fell on TTSE
Trinidad’s Scotiabank posted a 12% Q3 profit increase
At the close, the Composite Index gained 0.63 points to 1,145.19, the All T&T Index gained 0.15 points at 1,947.64 and the Cross Listed Index fell 0.15 points to 44.96.
Gains| Clico Investment Fund closed with 46,705 shares changing hands 3 cents higher at $22.54 a total value of valued at $1,052,276, National Commercial Bank traded just 2,000 shares to close 3 cents higher at $1.63 and Scotiabank closed with 4,000 shares valued at $250,000 changing hands to gain 1 cent and end at $62.50. The bank reported improved results to July with profits of $157 million in the July quarter up by 12 percent on the $140 million generated in 2014 and $417 million for the nine months against $390 million in 2014.
Losses| Sagicor Financial Corporation closed with 3,100 shares changing hands at $5.95 after losing 5 cents.
Firm Trades| Angostura Holdings ended with 25,000 shares valued at $350,000 changing hands at $14, First Citizens Bank had only 3,338 shares changing hands to end at $35,
Grace Kennedy closed with just 655 shares changing hands at $3.50. Guardian Holdings added 3,445 shares to close at $12.90, Prestige Holdings with 7,209 units changing hands ended unchanged at $9.89 and West Indian Tobacco traded just 158 shares to close at $125.42.IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than their last selling prices and 5 stocks with offers that were lower.