Massy dominant on TTSE on Tuesday

Massy Holdings was the leading trade accounted for more than 50 percent of traded value on the Trinidad & Tobago Stock Exchange on Tuesday. Market activity resulted in 13 securities exchanged compared to 16 on Thursday as 2 stocks advanced, 3 declined and 8 were unchanged.
Trading closed with 262,613 shares changing hands at a value of $6,532,372 compared to Thursday’s 437,400 shares valued at $7,816,009.
The Composite Index declined 0.77 points to 1,231.90, the All T&T Index fell 0.55 points to 1,799.92 and the Cross Listed Index was down 0.13 points to close at 89.08.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 7 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Clico Investment gained 1 cent to close at $22.51, with 43,661 units valued at $982,394 changing hands and Trinidad & Tobago NGL closed at $21.40, gaining 28 cents exchanging 13,161 units.
Losses| Guardian Holdings traded 20 cents lower to close at $15.25 with an exchange of 500 shares, JMMB Grouplost 5 cents, closing at $1.30 with 84,655 shares changing ownership and Sagicor Financial closed 5 cents lower at $9.10 trading 540 units.
Firm Trades| Angostura Holdings traded 34,900 shares at $14.90 valued at $520,050, Ansa McAL closed at $66.50 with trades of 67 units, Massy Holdings exchanged 68,195 shares valued at $3,512,098 shares to end at $51.50, National Enterprises closed at $10.60 with an exchange of 2,312 units. Prestige Holdings closed at $11 trading 2,279 units, Republic Financial Holdings closed at $101.90 while exchanging 8,739 shares valued at $890,509 Scotiabank remained at $58 trading 2,904 shares and Trinidad Cement held firm at $4.20 exchanging 700 shares.

Juniors make up lost ground on Thursday

Paramount Trading closed trading on Thursday slightly down after the company posted lower 9 months profits but closed the day a sJunior Market leader.

The Junior Market close out the week with an equal number of stocks rising and falling but the market index rose 44 points and recovered most of the fall of 48.09 points on Wednesday, to end at 3,030.14.
The market closed with 2,378,976 units valued at 9,310,238 passing through the market, compared to 2,733,389 units valued at $13,356,399 that were traded on Wednesday. At the close, with 23 securities changing hands, compared to 18 on Wednesday with 8 advancing and 8 declining.
The junior market ended trading with an average of 103,434 units for an average value of $404,793 traded, compared to 151,855 units for an average value of $742,022 on the previous trading day. The average volume and value for the month to date is 256,913 units and $1,755,753. The average volume and value for the month to the previous trading day ended at 276,098 units and $1,924,623. The average volume and value for March was 137,459 units and $1,313,411.
Trading ended with 4 stocks having bids higher than their last sale prices and 5 ending with lower offers, than the last traded price.
At the close of the market on Thursday, Access Financial Services rose 75 cents to $35 in trading traded 5,000 units AMG Packaging closed at $5.49 with 21,715 units changing hands, CAC 2000 lost 10 cents and closed at $7.35 with 3,500 shares trading Caribbean Cream traded 21,900 units to end at $7.30, Caribbean Flavours loss 50 cents in trading 11,640 units to end at $12.50 Caribbean Producers gained 5 cents and closed trading with 56,930 units at $3.75, Consolidated Bakeries dropped 34 cents with 756,918 shares changing hands, to close at $2.66, C2W Music closed trading with 15,000 shares at 33 cents, Derrimon Trading had 97,206 units changing hands to close with a loss of 20 cents at $8.50. Dolphin Cove ended at $20.06 with 2,473 shares trading, Honey Bun had 8,500 shares changing hands to close with a rise of 5 cents to end at $7.25, ISP Finance fell 15 cents to end at $15.50 with 10,000 units. Jamaican Teas price was adjusted to reflect the 2 for 1 split approved at the Annual General Meeting on Thursday, but no trading took place as bids were well ahead of the closing prices on Thursday. Jetcon Corporation rose 30 cents to end at $11.80 with 4,237 shares traded, KLE Group ended at $2.70 with 64,129 shares changing hands, Knutsford Express traded 261 shares to close at $40.95 after gaining 75 cents, Lasco Distributors added 45 cents and ended with 45,430 units trading at $6.70, Lasco Financial gained 30 cents and ended with 85,273 shares changing hands at $4, Lasco Manufacturing fell 38 cents to close with 60,000 units changing hands at $5, Main Event fell 7 cents trading 48,149 shares at $5.73, Medical Disposables closed trading with 8,039 shares and lost 15 cents to end at $5.85 and Paramount Trading lost 4 cents and closed at $3.55 with 1,012,987 units trading, this after the company reported lower profit for the third consecutive quarter than in the previous year and tTech traded 12,489 shares to end at $7.15.

Republic dominates trade on TTSE

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

Republic Financial Holdings dominated trading on the Trinidad & Tobago Stock Exchange on Thursday with 40 percent of the value of stocks trading. At the close 16 securities changed hands compared to 14 on Wednesday with 4 stocks advancing, 6 declining and 6 unchanged.
A total of 437,400 shares were exchanged at a value of $7,816,009 compared to Wednesday’s 391,982 shares valued at $3,344,255.
The Composite Index declined 1.68 points to 1,232.67, the All T&T Index fell 4.50 points to 1,800.47 and the Cross Listed Index gained 0.16 points to close at 89.21.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| Ansa McAL traded 4 cents higher to $66.50, with an exchange of a mere 30 units, First Citizens closed 20 cents higher at $32 trading 12,930 units valued at $413,760, JMMB Group gained 4 cents to close at a 52 weeks’ high of $1.35 while exchanging 108,000 shares and Trinidad & Tobago NGL closed at $21.12, gaining 12 cents with 39,542 units valued at $830,622, changing hands.
Losses| Clico Investmentlost 2 cents to close at $22.50 with trades of 23,790 shares valued at $535,305, Guardian Holdings lost 5 cents to close at $15.45 with an exchange of 634 shares, Massy Holdings closed 16 cents lower to $51.50 trading 10,711 units valued at $551,648, National Enterprises closed at $10.60, losing 20 cents exchanging 4,400 shares. National Flour Mills lost 4 cents to close at $2.56, with 3,000 units changing hands and Scotiabank closed at $58, with a loss of 50 cents while trading 905 shares.
Firm Trades| Agostini’s traded 19,700 shares at $18.50 valued at $364,450, Angostura Holdings traded 94,015 units at $14.90 valued at $1,400,824, Grace Kennedyclosed at $2.70 with trades of 19,000 shares, NCB Financial Group closed at $3.89 with an exchange of 49,610 units. Republic Financial Holdings traded 30,679 shares at $101.90 valued at $3,126,211 and Trinidad Cement closed at $4.20 as 20,454 shares changed hands.

Eppley leaps $7.10 but – Wednesday

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Stock market reports showed Eppley ordinary share leaping $7.10 to a record high of $12. The stock could not officially trade there as it exceeded the 30 percent limit in a day.
The highest price the stock could trade is $11.44, based on the closing bid of $8.80 on Tuesday. At the close the trade of 2,000 shares was cancelled but the Jamaica Stock Exchange closing report shows the stock trading at $12.
If the trade had taken place it would be the first time the stock is trading after its 150 to 1 stock split last year.
The Junior Market index lost 48.09 points, to end at 2,986.14 as falls in heavily weighted Lasco Distributors and Lasco Manufacturing fell sharply, contributing to most of the loss. The market closed with 2,733,389 units valued at $13,356,398.76 passing through the market, compared to 1,567,458 units valued at $8,519,094 that were traded on Tuesday. At the close, with 18 securities changing hands, the same number as on Tuesday with 6 advancing and 8 declining.
The junior market ended trading with an average of 151,855 units for an average value of $742,022 traded, compared to 87,081 units for an average value of $473,283 on the previous trading day. The average volume and value for the month to date is 276,098 units and $1,924,623. The average volume and value for the month to the previous trading day ended at 293,848 units and $2,093,565. The average volume and value for March was 137,459 units and $1,313,411.
Trading ended with 6 stocks having bids higher than their last sale prices and 2 ending with lower offers, than the last traded price.
At the close of the market on Wednesday, AMG Packaging fell 6 cents to close at $5.49 with 35,849 units changing hands, Caribbean Cream traded 24,880 units to end at $7.30, Caribbean Producers fell 5 cents and closed trading with 26,720 units at $3.70, Consolidated Bakeries gained 5 cents with 205,000 shares changing hands, to close at $3, Derrimon Trading had 9,600 units changing hands to close at $8.70. Dolphin Cove ended at $20.06 with 4,985 shares trading after rising 6 cents, General Accident gained 10 cents and closed trading with 300,000 shares at $3.15, Honey Bun had 69,115 shares changing hands to close with a loss of 30 cent to end at $7.20, ISP Finance traded at a new high of $17 and rising 15 cents for the day, to end at a record closing high of $15.65. .Jamaican Teas fell 25 cents in trading 230,153 shares to close at $7.50, the stock trade ex-split on Thursday, to accommodate the 2 for 1 split approved at the Annual General Meeting on Wednesday. Jetcon Corporation dropped 40 cents to end at $11.50 with 13,403 shares traded, Lasco Distributors fell 55 cents and ended with 30,600 units trading, to close at $6.25, Lasco Financial ended with 6,000 shares changing hands at $4, Lasco Manufacturing fell 38 cents to close with 1,677,200 units changing hands at $4.60, Main Event rose 7 cents trading 42,410 shares at $5.80, Medical Disposables closed trading with 215 shares and rose 50 cents to end at $6 and Paramount Trading closed at $3.59 with 42,600 units trading and tTech traded 10,000 shares but fell 35 cents to end at $7.15.

Stocks rise in Trinidad

Trading on the Trinidad & Tobago Stock Exchange on Wednesday resulted in 14 securities changing hands compared to 16 on Tuesday with 4 stocks advancing, 1 declining and 9 unchanged.
A total of 391,982 shares were exchanged at a value of $3,344,255 compared to Tuesday’s 70,109 shares valued at $577,875.
The Composite Index rose 2.97 points to 1,234.35, the All T&T Index advanced 1.07 points to 1,804.97 and the Cross Listed Index gained 0.67 points to close at 89.05.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 7 with lower offers.
Gains| Clico Investment traded at $22.52, gaining 2 cents with 2,242 units changing hands, First Citizens closed 7 cents higher to $31.80 exchanging 2,718 units, JMMB Group gained 1 cent to close at a 52 weeks’ high of $1.31 with an exchange of 35,000 shares and NCB Financial Group closed at $3.89 with gains of 9 cents trading 2,150 units.
Losses| Republic Financial Holdings lost 4 cents to close at a 52 weeks’ low of $101.90 with a mere 20 units trading.
Firm Trades| Angostura Holdings traded 86,454 units at $14.90 valued $1,288,165, Grace Kennedy closed at $2.70 with trades of 100,720 shares, Guardian Holdings closed at $15.50 exchanging 24,898 units valued at $385,919. Massy Holdings traded just 65 shares at $51.66, Prestige Holdings closed at $11 with 800 units changing hands, Sagicor Financial held firm at $9.15 trading 103 units, Trinidad Cement closed at $4.20 with an exchange of 101,167 shares valued at $424,901, Trinidad & Tobago NGL exchanged 35,473 units at $21 valued at $744,862 and West Indian Tobacco closed at $127 with 172 units changing owners.

Trading pulls back for juniors- Tuesday

Lasco Manufacturing dominated trading on Tuesday.

The junior market volume and value of stocks trading dropped on Tuesday from Monday’s level, with no major volume trade taking place as was the case on Monday. The market index lost 13.17 points, to end at 3,034.23.
The market closed with 1,567,458 units valued at $8,519,094 passing through the market, compared to 9,177,959 units valued at $63,684,987 that were traded on Monday. At the close, with 18 securities changing hands, down from 21 on Monday with 7 advancing and 8 declining.
The junior market ended trading with an average of 87,081 units for an average value of $473,283 traded, compared to 437,046 units for an average value of $3,032,618 on the previous trading day. The average volume and value for the month to date is 293,848 units and $2,093,565. The average volume and value for the month to the previous trading day ended at 328,309 units and $2,363,612. The average volume and value for March was 137,459 units and $1,313,411.
Trading ended with 5 stocks having bids higher than their last sale prices and 2 ending with lower offers, than the last traded price.
At the close of the market on Tuesday, AMG Packaging fell 25 cents to close at $5.55 with 57,799 units changing hands, Caribbean Cream traded 44,325 units to end at $7.30, Caribbean Flavours lost 80 cents with 622 shares changing hands, to close at $13, Caribbean Producers closed trading with 8,181 units at $3.75, Consolidated Bakeries gained 5 cents with 7,800 shares changing hands, to close at $2.95, C2W Music had 15,000 units changing hands to close at 33 cents after rising by 8 cents. Dolphin Cove ended at $20 with 20,645 shares trading, Honey Bun had 17,600 shares changing hands to close with a gain of 1 cent at $7.50, Jamaican Teas gained 35 cents in trading 422 shares to close at $7.75, the stock is expected to trade ex-split starting this Thursday, to accommodate the 2 for 1 split that is expected to be approved at the Annual General Meeting on Wednesday. Jetcon Corporation rose 40 cents to end at $11.90 with 35,262 shares traded, KLE Group traded 3,000 shares and fell 30 cents in closing at $2.70, Knutsford Express traded just 1,266 shares but fell 80 cents to close at $40.20, Lasco Distributors fell 5 cents and ended with 23,461 units trading to close at $6.80, Lasco Financial added 20 cents and ended with a mere 242 shares changing hands at $4, Lasco Manufacturing fell 1 cent and closed with 1,264,833 units changing hands at $4.98, Main Event rose 50 cents trading 10,000 shares at $5.73, Medical Disposables closed trading with 55,000 shares and fell 50 cents to end at $5.50 and Paramount Trading closed with a loss of 1 cent to end a $3.59.

Another big Lasco trade – Monday

Lasco Distributors dominated trading on Monday with 9m shares.

The junior market volume and value of stocks trading climbed on Monday, from Friday’s level with Lasco Distributors trading nearly 9 million shares. Volumes elsewhere was moderate as the market index rose 8.46 points, to end at 3,047.40
The market closed with 9,177,959 units valued at $63,684,987 passing through the market, compared to 5,586,153 units valued at $33,901,745 that were traded on Friday. At the close, with 21 securities changing hands, up from 19 on Friday with 6 advancing and 7 declining.
The junior market ended trading with an average of 437,046 units for an average value of $3,032,618 traded, compared to 294,008 units for an average value of $1,784,302 on the previous trading day. The average volume and value for the month to date is 328,309 units and $2,363,612. The average volume and value for the month to the previous trading day ended at 306,561 units and $2,229,811. The average volume and value for March was 137,459 units and $1,313,411.
Trading ended with 4 stocks having bids higher than their last sale prices and 1 ending with a lower offer, than the last traded price.
At the close of the market on Monday, AMG Packaging gained 30 cents to close at $5.80 with 800 units changing hands, Blue Power traded 1,000 units to close at $35, Cargo Handlers traded 2,630 shares to end at $21, Caribbean Cream traded 20,100 units to end at $7.30, Consolidated Bakeries lost 1 cent with 4,500 shares changing hands, to close at $2.91, Derrimon Trading had 24,868 units changing hands to close at $8.70, Dolphin Cove ended at $20 with 1,000 shares trading, General Accident fell 10 cents and closed trading with 3,000 shares at $3.05, Honey Bun had 14,265 shares changing hands to close with a gain of 19 cents at $7.49, Jamaican Teas traded 28,071 shares to close at $7.40, Jetcon Corporation lost 35 cents to end at $11.50 with 1,000 shares traded, KLE Group traded 17,182 shares and fell 50 cents in closing at $3, Knutsford Express traded just 2,537 shares and gained $1 in closing at $41, Lasco Distributors gained 5 cents and ended with 8,934,455 units trading to close at $6.85, Lasco Financial shed 5 cents and ended with 83,990 shares changing hands at $3.80, Lasco Manufacturing closed with 10,755 units changing hands at $4.99, Main Event rose 3 cents trading 200 shares at $5.23, Medical Disposables closed trading with 10,500 shares at $6, Paramount Trading closed with a loss of 10 cents to end a $3.60 with 600 units trading, tTech trade 1,500 shares and gained 50 cents to end at $7.50 and Derrimon Trading preference share fell 6 cents and ended with 15,000 units changing hands to close at $2.05.

Juniors rise moderately – Friday

Honey Bun traded 2.5M shares on the Junior Market on Friday.

The junior market volume and value of stocks trading fell sharply on Friday, from Thursday high but Honey Bun with 2.5 million units and Lasco Manufacturing with 2.6 million shares accounted for the bulk of trading.
At the close, the market index gained 17.40 points, to end at 3,038.94 with 19 securities changing hands, down from 21 on Thursday with 7 advancing and 5 declining. The market closed with 5,586,153 units valued at $33,901,745 passing through the market, compared to 16,784,123 units valued at $127,813,133 that were traded on Thursday.
The junior market ended trading with an average of 294,008 units for an average value of $1,784,302 traded, compared to 839,206 units for an average value of $6,390,657 on the previous trading day. The average volume and value for the month to date is 306,561 units and $2,229,811. The average volume and value for the month to the previous trading day ended at 309,700 units and $2,341,189. The average volume and value for March was 137,459 units and $1,313,411.
Trading ended with 6 stocks having bids higher than their last sale prices and 2 ending with lower offers, than the last traded price.
At the close of the market on Friday, AMG Packaging lost 11 cents to close at $5.50 with 37,000 units changing hands, Blue Power traded 6,053 units to close at $35, CAC 2000 gained 18 cents and closed at $7.45 with 10,000 shares trading, Cargo Handlers traded 500 shares to end with a gain of 5 cents at $21, Caribbean Cream traded 58,505 units to end at $7.30, Caribbean Producers traded 130,026 units to end at $3.75, Consolidated Bakeries lost 9 cents with 12,398 shares changing hands, to close at $2.91, C2W Music had 6,000 units changing hands to close at 25 cents, Honey Bun had 2,511,007 shares changing hands to close at $7.30, I$P Finance traded 20,100 shares to end with a rise of $1.50 at an all-time high of $15.50, Jamaican Teas lost 10 cents with 24,456 shares being exchanged, to close at $7.40, Jetcon Corporation lost 4 cents to end at $11.85 with 4,332 shares traded, Key Insurance traded 120,000 shares and fell 1 cent in closing at $3, Lasco Distributors ended with just 9,656 units trading at $6.80, Lasco Financial gained 5 cents and ended with 12,427 shares changing hands at $3.85, Lasco Manufacturing closed with 2,600,300 units changing hands at $4.99 after rising 19 cents, Main Event lost 54 cents trading 10,693 shares at $5.20, Medical Disposables closed trading with 9,500 shares at $6 and Paramount Trading closed with a gain of 10 cents to end a $3.70 with 3,200 units trading.

AMG leads Juniors on Thursday

AMG Packaging lead the Junior Market with 10 m shares on Thursday.

The Junior Market volume and value of stocks trading jumped sharply on Thursday, with AMG Packaging accounting for 10 million units and Lasco Financial 4 million shares. The market index dropped 23.44 points, to end at 3,021.54 with 21 securities changing hands, down from 22 on Wednesday with 5 advancing and 7 declining.
Trading fell back on Thursday from Wednesday’s levels, with a volume of 16,784,123 units valued at $127,813,133 passing through the market, compared to 1,676,664 units valued at $10,468,019 that were traded on Wednesday.
The junior market ended trading with an average of 839,206 units for an average value of $6,390,657 traded, compared to 79,841 units for an average value of $498,477 on the previous trading day. The average volume and value for the month to date is 309,700 units and $2,341,189. The average volume and value for the month to the previous trading day ended at 133,197 units and $961,366. The average volume and value for March was 137,459 units and $1,313,411.
Trading ended with 4 stocks having bids higher than their last sale prices and none ending with a lower offer, than the last traded price.
At the close of the market on Thursday, Access Financial Services gained 25 cents to close at $34.25 in trading traded 1,831 units, AMG Packaging rose by 12 cents to close at $5.61 with 10,000,000 units changing hands, Blue Power traded 500 units to close at $35, CAC 2000 shed 73 cents and closed at $7.27 with 29,360 shares trading, Cargo Handlers traded 2,492 shares to end with a gain of 85 cents at $20.95, Caribbean Cream traded 13,645 units to end at $7.30, Caribbean Producers traded 10,000 units to end at $3.75, Consolidated Bakeries lost 10 cents with 9,127 shares changing hands, to close at $3, C2W Music had 75,230 units changing hands to close at 25 cents, Derrimon Trading gained 20 cents and ended at a new high of $8.70 with 1,063 shares changing hands, Dolphin Cove ended at $20 with 6,611 shares trading. Honey Bun had 5,245 shares changing hands to close at $7.30, I$P Finance traded 2,990 shares to end with a rise of 50 cents at an all-time high of $14, Jamaican Teas had 26,558 shares being exchanged to close at $7.50, Jetcon Corporation lost 1 cent to end at $11.89 with 10,660 shares being exchanged, Knutsford Express traded just 1,209,000 shares and fell $2 in closing at $40, Lasco Distributors ended with 151,076 units trading at $6.80 after losing by 9 cents, Lasco Financial ended with 4,019,937 shares changing hands at $3.80, Lasco Manufacturing closed with 1,180,858 units changing hands at $4.80 after losing 28 cents and Medical Disposables lost 50 cents in trading 27,940 shares to close at $6.

Juniors fall moderately – Wednesday

The junior market index dropped 10.57 points on Wednesday, to end at 3,044.98 with 21 securities changing hands, down from 22 on Tuesday with 6 advancing and 10 declining.
Trading fell back on Wednesday from Tuesday’s levels, with a volume of 1,676,664 units valued at $10,468,019 passing through the market, compared to 2,082,552 units valued at $21,125,705 that were traded on Tuesday.
The junior market ended trading with an average of 79,841 units for an average value of $498,477 traded, compared to 94,661 units for an average value of $960,259 on the previous trading day. The average volume and value for the month to date is 133,197 units and $961,366. The average volume and value for the month to the previous trading day ended at 159,875 units and $1,237,810. The average volume and value for March was 137,459 units and $1,313,411.
Trading ended with 5 stocks having bids higher than their last sale prices and just 1 ending with a lower offer, than the last traded price.
At the close of the market on Wednesday, AMG Packaging shed 62 cents to close at $5.48 with 153,832 units changing hands, Blue Power traded 6,503 units to close at $35, CAC 2000 gained 15 cents and closed at $8 with 16,745 shares trading, Cargo Handlers traded 347 shares to end at $20.10, Caribbean Cream traded 3,000 units to end with a rise of 4 cents at $7.30, Caribbean Producers fell 25 cents in trading 158,064 units to end at $3.75, Derrimon Trading fell by 10 cents and ended at a new high of $8.50 with 1,800 shares changing hands, Dolphin Cove ended at $20 with 114,585 shares trading. General Accident traded 900 shares and gained 10 cents to end at $3.15, Honey Bun had 5,491 shares changing hands and lost 20 cents to close at $7.30, I$P Finance traded 10,000 shares to end with a rise of 75 cents at an all-time high of $13.50, Jamaican Teas lost 25 cents in trading 1,095 shares to close at $7.50, Jetcon Corporation fell 20 cents to end at $11.90 with 10,977 shares being exchanged, KLE Group traded 2,413 units at $3.50, Lasco Distributors ended with 3,290 units trading at $6.89 after losing by 1 cent, Lasco Manufacturing closed with 1,111,790 units changing hands with a rise of 8 cents to end at $5.08, Main Event jumped 74 cents and closed at an all-time high of $5.74 with 10,113 shares changing hands, Medical Disposables traded 25,015 shares to close at $6.50, Paramount Trading shed 15 cents with 25,075 shares changing hands, to close at $3.60 and tTech traded 10,629 units to fall 49 cents and closed at $7.