4 stocks rise 2 fell on TTSE
At the close the Composite Index was up 0.03 points to 1,146.60, the All T&T Index added 0.12 points at 1,950.01 and the Cross Listed Index fell 0.01 to 45.02.
Gains| JMMB Group gained 1 cent, to close at 43 cents while trading 49,405 shares, Prestige Holdings with 965 units changing hands, ended at $9.90 with a 1 cent rise, Scotiabank contributed 8,198 shares with a value of $512,389 to the overall trading to close at $62.51 with a 1 cent rise and Unilever Caribbean traded at a new 52 weeks’ high of $67.20, after gaining 5 cents, with 5,107 shares valued at $343,190.
Losses| Clico Investment Fund closed with just 46,080 shares valued at $5,626,160 changing hands, 1 cent lower at $22.51 andSagicor Financial Corporation closed with 2,330 shares changing hands, 1 cent lower at $5.99.
Firm Trades| First Citizens Bank had 2,920 shares changing hands to end at $35, National Commercial Bank traded 518 shares at $1.63, Trinidad Cement had 60,000 shares changing hands, valued at $180,310 and ended at $3 and West Indian Tobacco traded just 2,657 shares to close unchanged at $125.43.
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.
FX inflows jump sharply on Tuesday
On Tuesday purchases by dealers of foreign currencies saw buying of the equivalent of US$84,319,871, up sharply from US$40,657,425 on Monday, while they sold the equivalent of US$76,815,510, well up on the US$34,677,307 previously.
In US dollar trading , dealers bought US$81,554,806 compared to US$36,337,858 on Monday. The buying rate for the US dollar rose 48 cents to $118.47 and US$74,978,636 was sold versus US$32,291,854 on Monday, the selling rate rose 2 cents to close at $118.74. The Canadian dollar buying rate gained 88 cents to $87.11, with dealers buying C$1,081,845 and selling C$681,338, at an average rate that rose 60 cents to $89.27. The rate for buying the British Pound climbed 28 cents to $179.40 for the purchase of £1,141,587, while £533,676 was sold, at an average rate that declined 37 cents to end at $181.50. At the end of trading, it took J$134.07 to purchase the Euro, a rise of 12 cents on Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$131.24, for a fall from Monday’s rate by 4 cents. The US dollar equivalent of other currencies traded, amounts to US$240,864 being bought, while US$508,938 was sold.
Highs & Lows| The highest buying rate for the US dollar increased 5 cents to $119.05 on Tuesday. The lowest buying, the highest selling and the lowest selling rates remained at $97.19, $124.55 and $96.78 respectively. The highest buying rate for the Canadian dollar fell 50 cents to $89.50, the lowest buying rate rose 8 cents to $71.05, the highest selling rate gained 48 cents to end at $92.50 and the lowest selling rate was up 60 cents to end at $85.60. The highest buying rate for the British Pound, fell $1.40 to $182, the lowest buying rate lost 50 cents to $146.66, the highest selling rate fell $4.17 to $185.54 and the lowest selling rate rose 30 cents to $176.30.
2 stocks rise on TTSE
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 21,568 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.
Junior market gains on Monday
Trading on Monday ended with just 1,004,842 units, valued at $1,877,894 changing hands from a total of 7 securities that traded. The prices of 3 stocks advanced 2 declined with the junior market index rising 11.47 points to close at 966.38.
At the close, 3 securities ended with no bids to buy, while 8 had no stocks being offered for sale and 3 stocks closed with bids higher than the last traded prices and 2 closed with a lower offer.
Stocks trading are, Access Financial traded 2,500 shares to close with a 2 cents fall to $12, Caribbean Producers lost 10 cents with 66,153 shares changing hands at $2.40, Dolphin Cove traded just 204 shares to end at $12.25, General Accident Insurance had 206,820 shares changing hands at $1.45 for a 5 cents gain. Jamaican Teas had 20,715 shares trading to close at $3.50, Lasco Distributors closed with 89,124 units changing hands at $1.95 to gain 5 cents, Lasco Financial ended with 1,500 shares changing hands at $1.75, for a fall of 5 cents and Lasco Manufacturing had 620,326 units changing hands at $1.90, to gain 10 cents.
TCL at 52 weeks’ high on TTSE
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.
Junior index drops 3.5% on Friday
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
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.