Trading dips TTSE market falls

Market activity ended on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded diving 38 percent and the value dropping 34 percent from Wednesday, as the number of securities traded remained at 16, similar to Wednesday, with trading ended with six stocks rising, four declining and six ending unchanged.
The Composite Index fell 4.30 points to 1,379.71, the All T&T Index shed 12.60 points to 2,037.97 and the Cross-Listed Index rallied 0.64 points to settle at 94.54.
A total of 522,491 shares were traded for $2,535,172 compared to 838,975 units at $3,850,203 on Wednesday. An average of 32,656 units traded at $158,448 compared to 52,436 shares at $240,638 on Wednesday, with trading month to date averaging 59,696 units at $293,229 versus 72,420 units at $356,660 on the previous trading day. The average trade for July ended with 28,304 units at $283,023.
Investor’s Choice bid-offer indicator shows two stocks ended with a bid higher than their last selling prices and three stocks with lower offers.
At the close, Ansa McAl declined $3 in closing at $57 with 3,471 shares trading, CinemaOne finished at $5.98 in an exchange of one stock unit, First Citizens Group advanced 15 cents to end at $49.99 after exchanging 1,400 units. FirstCaribbean International Bank popped 14 cents to close at $5.20 trading 50 stocks, GraceKennedy fell 1 cent to $5.35 in switching ownership of 39,338 units, Guardian Holdings ended unchanged at $27.26 in trading 1,257 stocks. JMMB Group remained at $2.31 with the swapping of 222,856 shares, L.J. Williams B share climbed 14 cents to end at $cents after exchanging 200 stock units, Massy Holdings increased 20 cents to $4.95 while exchanging 103,094 units. National Enterprises rallied 1 cent to close at $3.20, with 130,920 stocks clearing the market, Prestige Holdings rose 1 cent to $6.72, with 3,000 stock units crossing the exchange, Republic Financial Holdings ended unchanged at $141.14 in exchanging 815 shares. Scotiabank ended at $77 after 3,086 units changed hands, Trinidad & Tobago NGL shed 1 cent to end at $21.99, with 5,878 shares crossing the market, Unilever Caribbean finished at $13.89 after trading 6,865 stocks and West Indian Tobacco lost 1 cent in ending at $23.39 with an exchange of 260 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading falters for TTSE

The Trinidad and Tobago Stock Exchange closed trading on Wednesday, with the volume of stocks passing through the market declining 48 percent with 53 percent less value than on Tuesday after 16 securities traded compared to 18 on Tuesday, with prices of three rising, five declining and eight remaining unchanged.
The Composite Index fell 1.78 points to 1,384.01, the All T&T Index lost 0.85 points to close at 2,050.57 and the Cross-Listed Index shed 0.39 points to settle at 93.90.
A total of 838,975 shares traded for $3,850,203 versus 1,623,314 units at $8,273,469 on Tuesday. An average of 52,436 units traded at $240,638 down from 90,184 shares at $459,637 on Tuesday, with trading month to date averaging 72,420 units at $356,579. The average trade for July was 28,304 units at $283,023.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Ansa McAl advanced $1 to $60 after 135 shares were traded, Ansa Merchant Bank finished at $43 with the swapping of 718 stock units, Clico Investment Fund rose 20 cents to end at $28.90 in an exchange of 4,827 units. First Citizens Group shed 15 cents to close at $49.84 in exchanging 345 stocks, GraceKennedy declined 4 cents in ending at $5.36, with 125,312 stocks crossing the exchange, Guardian Holdings ended unchanged at $27.26, with 1,000 stock units clearing the market. JMMB Group dropped 3 cents to $2.31 after 150,953 units changed hands, Massy Holdings fell 25 cents, ending at $4.75, with 69,791 shares crossing the market, National Enterprises remained at $3.19 after trading 473,039 stock units. One Caribbean Media finished at $4.05 with an exchange of 48 units, Republic Financial Holdings ended unchanged at $141.14 in trading 3,210 stocks, Scotiabank remained at $77 in exchanging 1,786 shares. Trinidad & Tobago NGL gained 50 cents to end at $22, with 6,046 shares crossing the market, Trinidad Cement ended at $3.81 trading 115 stocks, Unilever Caribbean lost 1 cent to end at $13.89 after exchanging 625 stock units and West Indian Tobacco finished at $23.40 while exchanging 1,025 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading jumps on the Trinidad Stock Exchange

August commenced with trading jumping on the Trinidad and Tobago Stock Exchange on Tuesday, with the volume of stocks changing hands surging 794 percent and the value climbing 380 percent above Friday’s outcome after 18 securities traded similar to Friday, with six rising, five declining and seven remaining unchanged.
A total of 1,623,314 shares traded for $8,273,469 up sharply from 181,625 units at $1,724,281 on Friday. An average of 90,184 units traded at $459,637 compared to 10,090 shares at $95,793 on Friday. The average trade for July ended at 28,304 units for $283.023.
The Composite Index dipped 5.13 points to 1,385.79, the All T&T Index fell 12.53 points to 2,051.42 and the Cross-Listed Index rose 0.39 points to settle at 94.29.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s dropped 10 cents to close at $45.75 in trading 21 shares, Angostura Holdings ended unchanged at $26.99 after exchanging 594 stock units, Clico Investment Fund fell 20 cents to end at $28.70 while 9,427 units changed hands. First Citizens Group finished at $49.99 after trading 8,884 stocks, FirstCaribbean International Bank advanced 4 cents to $5.06 with an exchange of 4,500 units, GraceKennedy shed 5 cents in closing at $5.40, with 650 shares crossing the exchange. Guardian Holdings remained at $27.26 with the swapping of 33,900 stock units, JMMB Group gained 3 cents to close at $2.34, with 1,668 stocks crossing the market, Massy Holdings slipped 5 cents to $5, with 353,604 stocks changing hands. National Enterprises declined 1 cent to end at $3.19 in exchanging 1,176,247 shares, National Flour Mills ended at $1.65 after transferring 21 units, NCB Financial Group popped 5 cents in ending at $5.30 in trading 6,914 stock units. Point Lisas finished at $3.39 with ten shares changing hands, Republic Financial Holdings popped 14 cents to close at $141.14 in an exchange of 575 stocks, Scotiabank rose 11 cents in closing at $77 in switching ownership of 6,789 stock units. Trinidad & Tobago NGL increased 1 cent in closing at $21.50, with 15,211 units crossing the market, Trinidad Cement remained at $3.81 with 120 units clearing the market and West Indian Tobacco ended unchanged at $23.40 while exchanging 4,179 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

First quarter profits surge 39%

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Profit in the first quarter of this year surged 39 percent over the same period in 2021 for all listed companies on the Jamaica Stock Exchange, data released by the companies show a 21 percent increase in revenues.
The final numbers include results of Guardian Holdings, Massy Holdings two companies with primary listings in Trinidad as well as the recently listed Dolla Financial. Excluding results for the two Trinidad based companies, profit rose 49 percent for the rest, from a 26 percent rise in revenues.
Profits exclude exceptional one off items and do not include other comprehensive income. NCB Financial Group, JMMB Group and Scotia Group suffered major unrealized losses in their investment portfolio as a result of increased interest rates in 2022 while the two Mayberry companies saw a major reversal of investment losses incurred in 2021. The investment losses for the banking groups are shown in other comprehensive income and if included reduces the strong operating profit substantially.
Contributing to the strong rise in overall profit are companies that suffered losses or sharply reduced profits in the 2021 period and are recovering in 2022 from an economy that was mired in restrictions on trade within the local economy.
The results to date show the educational sector with just two companies growing by 1,880 percent but with a mere $12 million in profit, with revenues that grew 155 percent to $107 million. Medical & Pharmaceutical revenues rose a strong 30 percent to $1.43 billion with profits climbing 80 percent to $167 million. The  Restaurant sector’s profit rose 100 percent to $342,000, up from a loss of $184 million in 2021 as revenues rose 240 percent to $691 million. Banking profit is up 104 percent to $12.5 billion, from a 33 percent rise in revenues to $116 billion, with all the gains in profit flowing from NCB.
One of the more outstanding segments was Financial Services, with 20 companies delivering a 30 percent revenue increase to $57 billion and a 46 percent rise in after tax profit to $16.3 billion. Distribution revenues climbed 29 percent to $33.6 billion and profit rose 52 percent to $2.3 billion from just $1.5 billion last year.
Conglomerates were disappointing, with no growth in profits of $5.8 billion from a 13 percent rise in revenues to $113 billion and Manufacturing managed a 22 percent rise in profit to $4.8 billion from a 23 percent increase in revenues to $55 billion from $45 billion in 2021.
Media with just two entities delivered revenues of $1.75 billion up a mere 4 percent year over year but grew profit an attractive 68 percent to $152 million.
Revenues for the Insurance group rose just 3 percent to $86 billion and delivered a 17 percent increase in profits to $8.2 billion.
Revenues for Entertainment companies rose 23 percent to $13.5 billion with profit rising 130 percent to $1 billion with Supreme Ventures dominating with profit jumping 68 percent to $996 million.
Real Estate saw a 20 percent drop in profit from a 54 percent rise in revenues to $3.46 billion delivering a profit of $1.27 billion.
The Transportation sector saw a 71 percent increase in revenues at $10.6 billion delivering a 38 percent increase in profit to $1 billion.

Falling stocks hit TTSE

Trading ended on the Trinidad and Tobago Stock Exchange on Friday, with the volume of stocks changing hands rising 11 percent with a   32 percent lower value than on Thursday after 18 securities traded compared to 19 on Thursday, with three rising, ten declining and five ending unchanged. 
A total of 181,625 shares traded for $1,724,281 compared with 164,026 units at $2,517,874 on Thursday. An average of 10,090 units traded at $95,793 compared to 8,633 shares at $132,520 on Thursday, with trading month to date averaging 28,304 units at $283,023 versus 29,249 units at $292,735 on the previous trading day. The average trade for June amounts to  55,705 units at $392,249.
The Composite Index popped 0.02 points to 1,390.92. the All T&T Index rallied 4.65 points to 2,063.95 and the Cross-Listed Index shed 0.69 points to settle at 93.90.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini’s remained at $45.85, with 5,200 shares crossing the market, Ansa Merchant Bank rallied 88 cents to $43 after an exchange of 25 units, Clico Investment Fund finished at $28.90 trading 2,220 stocks. First Citizens Group ended at $49.99, with 2,928 stock units clearing the market, GraceKennedy declined 5 cents to $5.45 in an exchange of 425 shares, Guardian Holdings fell 4 cents to close at $27.26 after exchanging 3,300 stocks. Guardian Media lost 6 cents in ending at $3.04, with 1,872 stock units changing hands, JMMB Group shed 3 cents to $2.31 in trading 1,900 units, L.J. Williams B share dropped 14 cents to end at $2.01 while exchanging 42 stocks. Massy Holdings declined 5 cents to $5.05 with the swapping of 134,980 units, National Enterprises remained at $3.20 in switching ownership of 125 shares, National Flour Mills ended at $1.65 after exchanging five stock units. NCB Financial Group fell 5 cents to $5.2, with 932 shares crossing the exchange, Prestige Holdings slipped 9 cents to $6.71 with an exchange of 11,800 units, Republic Financial Holdings shed $1 to close at $141 in an exchange of 100 stocks. Scotiabank dropped 11 cents to $76.89, with 750 stock units crossing the market, Trinidad & Tobago NGL popped 20 cents to $21.49 and closed with 12,021 stock units changing hands and West Indian Tobacco increased 90 cents to end at $23.40 with an exchange of 3,000 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

The value of stocks jumps on TTSE

Market activity ended on the Trinidad and Tobago Stock Exchange on Thursday, with the volume of stocks traded declining 14 percent, with the value surging 209 percent than on Wednesday.
A total of 19 securities traded, up from 15 on Wednesday, with eight rising, three declining and eight remaining unchanged. The Composite Index rallied 3.28 points to 1,390.90, the All T&T Index popped 3.40 points to 2,059.30 and the Cross-Listed Index gained 0.44 points to settle at 94.59.
A total of 164,026 shares were traded for $2,517,874 versus 190,536 units at $813,920 on Wednesday. An average of 8,633 units traded at $132,520 compared to 12,702 shares trading at $54,261 on Wednesday, with the month to date averaging 29,249 units at $290,389 versus 30,443 units at $302,015 on the previous trading day. The average trade for June amounts to 63,148 units at $485,588June amounts to 55,705 units at $392,249.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and three stocks with lower offers.
At the close, Agostini’s remained at $45.85 after an exchange of 2,187 shares, Angostura Holdings climbed $1.99 to $26.99 in trading 15 stock units, Ansa McAl rallied 1 cent in closing at $59 with 735 units changing hands. Ansa Merchant Bank lost 38 cents to end at $42.12 while exchanging 189 stocks, Calypso Macro Investment Fund finished at $20.21, with 487 units crossing the market, Clico Investment Fund increased 10 cents to end at $28.90 in exchanging 16,473 shares. First Citizens Group advanced 15 cents to $49.99, with 229 stock units crossing the exchange, FirstCaribbean International Bank gained 1 cent in closing at $5.02 in trading 41,682 stocks, JMMB Group popped 4 cents to $2.34, with 4,669 stocks changing hands. L.J. Williams B share ended at $2.15 trading two shares, Massy Holdings rose 6 cents to $5.10 after exchanging 16,073 shares, National Enterprises ended at $3.20 after swapping 5,925 stock units. Prestige Holdings finished at $6.80, as one stock unit cleared the market, Republic Financial Holdings ended at $142 with 1,316 shares trading, Scotiabank remained at $77 with an exchange of 1,365 units. Trinidad & Tobago NGL fell 21 cents to $21.29 in switching ownership of 588 stocks, Trinidad Cement ended unchanged at $3.81 after exchanging 1,500 stocks, Unilever Caribbean climbed 40 cents to end at $13.90, with 40,490 stock units changing hands and West Indian Tobacco shed 90 cents to close at $22.50 after trading 30,100 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading falls indices rise on TTSE

Market activity ended Wednesday on the Trinidad and Tobago Stock Exchange, with the volume of stocks traded declining 70 percent, with a 93 percent lower value than Tuesday, resulting in 190,536 shares traded for $813,920 versus 632,724 units at $11,366,573 on Tuesday, but the market value rose at the close.
An average of 12,702 shares were traded at $54,261 down from 37,219 units at $668,622 on Tuesday, with trading month to date averaging 30,443 units at $302,015 versus 31,293 units at $313,889 on the previous trading day. The average trade for June amounts to 55,705 units at $392,249.
A total of 15 securities traded compared to 17 on Tuesday, with three rising, two declining and ten closing unchanged. The Composite Index gained 3.19 points to end at 1,387.62, the All T&T Index rose 7.76 points to end at  2,055.90 and the Cross-Listed Index declined 0.24 points to 94.15.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three stocks with lower offers.
At the close, Agostini’s remained at $45.85 in switching ownership of 1,270 shares, Ansa McAl climbed $1.99 in closing at $58.99 after trading 30 stocks, Ansa Merchant Bank finished at $42.50 in an exchange of 100 units. First Citizens Group declined 16 cents to close at $49.84, with 1,452 stock units crossing the exchange, GraceKennedy ended unchanged at $5.50, with 20 shares passing through the market, Guardian Holdings increased 4 cents to $27.30, with 100 units changing hands. JMMB Group ended unchanged at $2.30 in exchanging 142,550 stock units, Massy Holdings fell 5 cents to end at $5.04, with 17,221 stocks crossing the market, National Enterprises finished at $3.20, with 13,739 stocks clearing the exchange. National Flour Mills remained at $1.65 in trading 7,555 shares, Scotiabank ended unchanged at $77 with the swapping of 1,346 units, Trinidad & Tobago NGL finished at $21.50 after exchanging 980 stock units. Trinidad Cement gained 30 cents to closest $3.81 after trading 257 units, Unilever Caribbean remained at $13.50 with an exchange of 1,416 stock units and investors exchanged 2,500 shares of West Indian Tobacco at $23.40.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading plunged on Trinidad Stock Exchange

Market activity on the Trinidad and Tobago Stock Exchange ended on Monday, with the volume of stocks traded declining a sharp 75 percent with the value dropping 80 percent from trading on Friday.
A total of 286,571 shares were traded for $2,368,532 compared to 1,151,581 units at $11,844,590 on Friday. An average of 17,911 units traded at $148,033 compared to 67,740 shares at $696,741 on Friday, with trading month to date averaging 30,953 units at $293,515 versus 31,698 units at $301,829 on the previous trading day. The average trade for June amounts to 55,705 units at $392,249.
Just 16 securities were traded compared to 17 on Friday, as four rose, three declined and nine ended unchanged. The Composite Index advanced 5.33 points to 1,392.70, the All T&T Index popped 0.77 points to 2,050.03 and the Cross-Listed Index rose 1.43 points to 96.51.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Agostini’s ended at $45.90 with an exchange of 3,005 shares, Angostura Holdings ended at $25.25 after an exchange of 20 units, Clico Investment Fund remained at $28.80 with the swapping of 4,296 stock units. First Citizens Group ended at $50 in switching ownership of 1,281 stocks, GraceKennedy gained 15 cents in ending at $5.50 after trading 180,399 units, JMMB Group declined 5 cents to $2.30 after exchanging 7,494 stock units. L.J. Williams B share finished at $2.15, with 19 stocks crossing the exchange, Massy Holdings rallied 4 cents to $5.04 with 10,341 shares clearing the market, National Enterprises remained at $3.20 after 365 shares changed hands. NCB Financial Group rallied 15 cents in closing at $5.30, with 64,950 stock units crossing the market, One Caribbean Media ended unchanged at $4.05 in trading five units, Prestige Holdings fell 17 cents to end at $6.80 in an exchange of 21 stocks. Republic Financial Holdings finished at $142 trading 3,109 units, Trinidad & Tobago NGL shed 30 cents in closing at $21.50 in exchanging 5,614 stocks, Unilever Caribbean rose 11 cents to $13.25 after 5,239 shares crossed the market and West Indian Tobacco remained at $23.40, with 413 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading surges on Trinidad & Tobago Exchange

Trading surges on Trinidad & Tobago Stock Exchange on Friday, with the volume of stocks traded surging 326 percent and the value 313 percent more than on Thursday, with 17 securities traded, down from 21 on Thursday, with five rising, five declining and seven remaining unchanged.
The Composite Index popped 0.25 points to 1,387.37, the All T&T Index advanced 2.48 points to 2,049.26 and the Cross-Listed Index fell 0.30 points to settle at 95.08.
Overall 1,151,581 shares traded for $11,842,590 versus 270,165 units at $2,864,123 on Thursday. An average of 67,740 units traded at $696,741 compared to 12,865 shares at $136,387 on Thursday, with trading month to date averaging 31,698 units at $301,829 versus 29,368 units at $276,302 on the previous trading day. The average trade for June amounts to 55,705 units at $392,249.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Agostini’s finished at $45.90, with 30 shares crossing the market, Angostura Holdings rallied 25 cents in ending at close at a 52 weeks’ high of $25.25 after 100 stocks changed hands, Clico Investment Fund remained at $28.80 in trading 255,353 stock units. Endeavour Holdings ended unchanged at $7 with 300 units changing hands, First Citizens Group ended unchanged at $50 with 151 shares clearing the market, GraceKennedy increased 3 cents to $5.35 after exchanging 1,800 units. JMMB Group declined 5 cents to $2.35 in switching ownership of 74,570 stock units, Massy Holdings shed 9 cents to close at $5 after trading 762,932 stocks, National Enterprises climbed 5 cents in closing at $3.20 with the swapping of 1,440 stock units. NCB Financial Group remained at $5.15 with an exchange of 33,518 units, One Caribbean Media advanced 5 cents in closing at $4.05 in an exchange of 428 shares, Prestige Holdings gained 7 cents to close at $6.97 after exchanging 50 stocks. Republic Financial Holdings finished trading 200 units at $142, Scotiabank dropped $1 to $77 after exchanging 25 shares, Trinidad & Tobago NGL remained at $21.80 after an exchange of 4,969 stocks. Trinidad Cement lost 36 cents at $3.51 with 5,000 stock units crossing the market and Unilever Caribbean fell 1 cent to close at a 52 weeks’ low of $13.14 while exchanging 10,715 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading picks up on TTSE

Market activity ended on Thursday, with the volume of stocks traded climbing 25 percent with the value surging 188 percent more than on Wednesday, at the close of the Trinidad and Tobago Stock Exchange leading to 21 securities trading compared to 15 on Wednesday, with six stocks rising, four declining and 11 remaining unchanged. 

Trinidad & Tobago Stock Exchange Head Quarters

The Composite Index fell 0.39 points to 1,387.12, the All T&T Index shed 0.03 points to 2,046.78 and the Cross-Listed Index declined 0.11 points to settle at 95.38.
A total of 270,165 shares traded for $2,864,123 versus 215,867 units at $994,838 on Wednesday. An average of 12,865 units traded at $136,387 compared to 14,391 shares at $66,323 on Wednesday, with trading month to date averaging 29,368 units at $276,302 versus 30,800 units at $284,668 on the previous trading day. The average trade for June amounts to  55,705 units at $392,249.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini’s remained at $45.90 in an exchange of 276 shares, Angostura Holdings finished at $25 after 53 stocks crossed the exchange, Ansa McAl climbed 10 cents in ending at $57 with the swapping of 7,500 units. Calypso Macro Investment Fund gained 1 cent to close at $20.21 in exchanging 155 stock units, Clico Investment Fund declined 10 cents to end at $28.80 with an exchange of 3,245 stock units, First Citizens Group ended unchanged at $50, with 777 stocks changing hands. FirstCaribbean International Bank increased 1 cent to close at $5.49 in switching ownership of 1,929 units, Guardian Holdings finished at $27.25 after exchanging 1,495 shares, JMMB Group rose 10 cents in closing at $2.40, with 4,030 stock units crossing the market. L.J. Williams B share ended unchanged at $2.15 in trading seven units, Massy Holdings popped 10 cents to end at $5.09 in trading 224,674 stocks, National Enterprises lost 5 cents in closing at $3.15 after trading 4,093 shares. National Flour Mills dropped 6 cents to close at $1.65 in trading 3,000 stocks, NCB Financial Group remained at $5.15 with 1,070 shares clearing the market, Prestige Holdings shed 9 cents after ending at $6.90 while exchanging 12 units. Republic Financial Holdings rallied 68 cents to close at $142 after exchanging 5,359 stock units, Scotiabank finished at $78 after trading 1,833 units, Trinidad & Tobago NGL ended unchanged at $21.80 with an exchange of 6,305 stock units. Trinidad Cement remained at $3.87 after exchanging 3,000 stocks, Unilever Caribbean finished at $13.15 with 508 shares clearing the market and West Indian Tobacco remained at $23.40after exchanging 844 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.