Stocks fall on TTSE

August 25, 2021 by

Market activity ended on Wednesday, with funds passing through the market rising 269 percent after investors traded 291 percent shares than on Tuesday, resulting in more stocks falling than rising at the close of trading on the Trinidad and Tobago Stock Exchange.

Trinidad & Tobago Stock Exchange Head Quarters

At the close, 22 securities traded, up from 18 on Tuesday, with five stocks rising, nine declining and eight remaining unchanged. The Composite Index shed 9.30 points to close at 1,427.52, the All T&T Index lost 8.91 points to settle at 1,927.89 and the Cross-Listed Index fell 1.36 points to 125.03.
A total of  654,189 shares traded for $11,484,592, up from 167,428 units at $3,108,263 on Tuesday. An average of 29,736 units traded at $522,027 compared to 9,302 at $172,681 on Tuesday. The average trade for the month to date amounts to 17,609 units at $243,064 versus 16,692 units at $221,974. The average trade for July ended at 20,941 units at $221,079.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than the last selling prices and one with a lower offer.
At the close, Agostini’s remained unchanged at $24.40 in trading 934 shares, Angostura Holdings fell 60 cents in closing at $15.50 after 43 stocks crossed the market, Ansa Mcal traded one share at $59. Ansa Merchant Bank rallied 2 cents to $41.02 with the swapping of 748 stock units, Clico Investment Fund gained 10 cents in ending at $27.10 after exchanging 8,024 stock units, Endeavour Holdings remained at $7.01 after trading 1,080 units. First Citizens Bank declined 50 cents to $50, with 3,421 stocks crossing the exchange, FirstCaribbean International Bank traded 2,202 shares at $6.50, GraceKennedy lost 2 cents in closing at $6.30 with an exchange of 213,765 stocks. Guardian Holdings remained at $32.90 with 21,269 units changing hands, Guardian Media spiked 39 cents to $3.03 while exchanging 10,000 shares, JMMB Group shed 14 cents to close at $2.16 in exchanging 62,318 stock units. Massy Holdings rose 74 cents to $82.75 in switching ownership of 49,914 stock units, National Enterprises dropped 30 cents at $3.60 after 14,940 shares crossed the market, National Flour Mills added 1 cent in closing at $1.79, with 9 units changing hands. NCB Financial Group shed 36 cents to $7.99, with 229,406 stocks clearing the market, Prestige Holdings remained unchanged at $7 after 2,460 stocks crossed the exchange, Republic Financial Holdings remained at $135.48, with 17,318 shares changing hands. Scotiabank dropped 10 cents to end at $58.90, with 837 stock units crossing the market, Trinidad & Tobago NGL close at $17.76 in exchanging 5,671 units, Trinidad Cement declined 6 cents to $3.90 in trading 2,531 shares and West Indian Tobacco fell 50 cents to $31.50, with 7,298 units clearing the market.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , ,

Volume collapsed on TTSE – Tuesday

August 24, 2021 by

Market activity ended on Tuesday, with the funding passing through the market declining by 99.5 percent after investors traded 19 percent fewer shares than on Monday, resulting in more stocks falling than rising at the close of trading on the Trinidad and Tobago Stock Exchange.
At the close, 18 securities traded, up from 14 on Monday, with five stocks rising, seven declining and six closing unchanged. One stock closed at a 52 weeks’ low.
The Composite Index dipped 1.46 points to 1,436.82, the All T&T Index dropped 4.81 points to 1,936.80 and the Cross-Listed Index gained 0.30 points to settle at 126.39.
A total of, 167,428 shares traded, for $3,108,263, up from 141,184 units at $1,557,755 on Monday. An average of 9,302 units traded at $172,681 compared to 10,085 at $111,268 on Monday. The average trade for the month to date amounts to 16,692 units at $221,974 versus 17,180 units at $225,224. The average trade for July amounts to 20,941 units at $221,079.
The Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini’s remained at $24.40, with 500 shares crossing the market, Ansa Mcal ended unchanged at $59 in exchanging 6,080 stock units, Clico Investment Fund declined 10 cents to $27 after 45,068 units crossed the market. First Citizens Bank traded 2,000 stocks unchanged at $50.50, GraceKennedy rose 2 cents to $6.32, with 32,913 units changing hands, Guardian Holdings rallied 25 cents to $32.90 in exchanging 10,299 stocks. Guardian Media lost 46 cents to close at a 52 weeks’ low of $2.64 in swapping 1,333 shares, JMMB Group popped 5 cents to $2.30 after trading 33,086 stock units, Massy Holdings dropped $2.99 in closing at $82.01 in swapping of 781 stock units. National Flour Mills fell 12 cents to $1.78 while exchanging 4,115 units, NCB Financial Group remained at $8.35 after trading 5,988 shares, Point Lisas exchanged 2,900 stocks at $3.15, Prestige Holdings shed 40 cents to close at $7 after exchanging 1,800 stock, Republic Financial Holdings rose 3 cents to $135.48 in an exchange of 112 stock units, Scotiabank remained at $59 in trading 4,121 units. Trinidad & Tobago NGL shed 24 cents in ending at $17.76, with 9,390 shares clearing the market, Unilever Caribbean declined 14 cents to $16.26, with 737 units changing hands and West Indian Tobacco gained 35 cents to end at $32 in exchanging 6,205 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , , , , , ,

Rising stocks edged out on Monday

August 23, 2021 by

Trading activity ended on Monday, with the market rising, although rising stocks were just edged out by those receding after investors traded 62.4 percent fewer shares, with 62 percent greater value than on Friday, at the close of trading on the Trinidad and Tobago Stock Exchange.
At the close, 14 securities traded, down from 17 on Friday, with four stocks rising, five declining and five remaining unchanged. The Composite Index rose 7.38 points to 1,438.28, the All T&T Index shed 3.94 points to settle at 1,941.61 and the Cross-Listed Index increased 2.73 points to settle at 126.09.
A total of 141,184 shares traded for $1,557,755 compared to 375,739 units at $4,130,851 on Friday. An average of 10,085 units traded at $111,268 compared to 22,102 at $242,991 on Friday. The average trade for the month to date amounts to 17,180 units at $225,224 versus 17,563 units at $231,384. The average trade for July amounts to 20,941 units at $221,079.
The Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and four with lower offers.
At the close, Agostini’s remained at $24.40 while exchanging 12,110 shares, Angostura Holdings fell 40 cents to $16.10, with 971 stock units crossing the market, Calypso Macro Investment Fund shed 29 cents to $16.20 in an exchange of 600 stocks. Clico Investment Fund dropped 90 cents to $27.10, with 2,500 units clearing the market, First Citizens Bank spiked 30 cents to $50.50 after finishing trading 432 stocks, GraceKennedy remained unchanged at $6.30 in exchanging 65,925 shares. Guardian Holdings remained at $32.65, with 800 units crossing the exchange, L.J Williams B share ended unchanged at $1.35 in trading 3,426 stock units. NCB Financial Group rallied 36 cents to $8.35 after an exchange of 320 shares. One Caribbean Media rose 59 cents to $4.84 with an exchange of 36,500 stocks, Point Lisas ended trading 10,142 units at $3.15, Republic Financial Holdings declined 49 cents to $135.45, with 862 stock units changing hands. Scotiabank popped 3 cents in closing at $59 with the swapping of 6,471 units and West Indian Tobacco slipped 35 cents to $31.65 after exchanging 125 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , ,

Most Trinidad stocks rise on Friday

August 20, 2021 by

Market activity ended on Friday, with the market rising after investors traded 271 percent more shares, carrying a 38.5 percent higher value than on Thursday, resulting in more than twice the number of stocks rising than falling at the close of trading on the Trinidad and Tobago Stock Exchange.
Seventeen securities traded compared to 16 on Thursday, with nine rising, four declining and four remaining unchanged. The Composite Index rose 2.98 points to settle at 1,430.90, the All T&T Index spiked 13.69 points higher to 1,945.55 and the Cross-Listed Index dropped 1.19 points to settle at 123.36.
Overall, 375,739 shares traded for $4,130,851, up from 101,261 units at $2,969,934 on Thursday. An average of 22,102 units traded at  $242,991 compared to 6,329 shares at $185,730 on Thursday. The average trade for the month to date amounts to 17,563 units at $231,384 versus 17,244 units at $230,569. The average trade for July amounts to 20,941 units at $221,079.
The Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and one stock with a lower offer.
At the close, Agostini’s ended at $24.40, trading 107 units, Angostura Holdings rallied 5 cents to $16.50 after exchanging 25,556 stocks. Ansa Mcal remained unchanged at $59 after 1,660 stock units crossed the market, Clico Investment Fund spiked 50 cents to $28 with the swapping of 14,711 stocks, First Citizens Bank popped 20 cents to $50.20 while exchanging 21,022 stock units. FirstCaribbean International Bank ended at $6.50 exchanging 30,000 shares, GraceKennedy declined by 5 cents to $6.30 after trading 165,433 units, JMMB Group rose 6 cents to $2.25 in trading 19,905 stocks. Massy Holdings climbed $3.25 to $85 in an exchange of 48 shares, MPC Caribbean Clean Energy lost 8 cents in ending at 90 cents, with 2,782 shares changing hands, National Enterprises remained at $3.90 with an exchange of 3,500 units, NCB Financial Group fell 41 cents to $7.99, with 83,262 units crossing the market. Republic Financial Holdings advanced 43 cents to $135.94, with 329 stock units clearing the market, Scotiabank shed 3 cents in closing at $58.97 in switching ownership of 500 units, Trinidad & Tobago NGL spiked 26 cents to $18, exchanging 3,824 stocks. Trinidad Cement gained 45 cents to end at $3.96, with 2,500 shares crossing the exchange and Unilever Caribbean popped 2 cents to $16.40 after finishing trading of 600 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , ,

Slippage in Trinidad Stock Exchange

August 19, 2021 by

All three market indices slipped at the close of trading Thursday, 12 percent fewer shares with 28 percent less value than on Wednesday on the Trinidad & Tobago Stock Exchange, with declining stocks overwhelming those rising.
Sixteen securities traded from 15 on Wednesday, with prices of two rising, eight declining and six closing unchanged. The Composite Index slipped 0.60 points to 1,427.92, the All T&T Index shed 0.15 points to close at 1,931.86 and the Cross-Listed Index fell 0.15 points to settle at 124.55.
The market closed with an exchange of 101,261 shares for $2,971,687 compared to 115,604 units at $4,110,494 on Wednesday. An average of 6,329 units traded at $185,730 from an average of 7,707 at $274,033 on Wednesday. The average trade for the month to date ends 17,244 units valued at $230,569, in contrast to 18,017 units at $233,743. The average volume and value for July month ended at 20,941 units, valued at $221,079.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s traded 1,335 shares at $24.40, Angostura Holdings swapped 537 shares at $16.45 after slipping 3 cents, Endeavour Holdings close at $16.49, trading 250 shares. Clico Investment Fund rallied $1.99 to $27.50 in exchanging 6,238 shares, First Caribbean International Bank traded 1,240 shares at $6.50, First Citizens Bank slipped 20 cents to $50, trading 1,000 units. GraceKennedy shed 5 cents to close at $6.35 with an exchange of 2,013 units, Guardian Holdings fell 35 cents to $32.65, trading 67,273 units, JMMB Group traded 3,520 shares and lost 3 cents to end at $2.19, Massy Holdings slipped 25 cents to $81.75 with an exchange of 1,000 units, National Enterprises traded 5,304 shares at $3.90, One Caribbean Media lost 35 cents to end at $4.25 trading 3,317 stock units, Trinidad & Tobago NGL lost 16 cents and closed at $17.74 after exchanging 1,875 units, Scotiabank climbed 20 cents in trading 5,435 shares at $59, Trinidad Cement exchanged 50 shares at $3.51 and LJ Williams B shares closed at $1.35 in trading 874 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , , , ,

Trinidad stocks spike market higher

August 18, 2021 by

Market activity moved all three market indices higher at the close of trading Wednesday, but the investors traded 78 percent fewer shares with a value that is 14 percent greater than on Tuesday on the Trinidad and Tobago Stock Exchange after the market closed, with more stocks declining than rising.
Trading ended with 15 securities changing hands down from 17 on Tuesday, with the prices of three stocks rising, five declining and seven closing unchanged. The Composite Index popped 3.92 points to 1,428.52, the All T&T Index inched 0.42 points higher to close at 1,931.54 and the Cross-Listed Index rose 1.07 points to settle at 124.70.
The market closed with an exchange of 115,604 shares, accounting for $4,110,494 compared to 521,865 units at $3,591,687 on Tuesday. An average of 7,707 units traded for the day at $274,033 from an average of 30,698 at $211,276 on Tuesday. An average of 18,017 units valued at $233,743 traded for the month to date, in contrast to 18,750 units at $230,879. The average volume and value for the previous month were 20,941 units at $221,079.
Investor’s Choice bid-offer indicator reading for the Trinidad and Tobago market shows four stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s traded 4,235 shares at $24.40, Angostura Holdings swapped 806 shares at $16.48, Ansa Merchant Bank shed 50 cents to close at $41 with an exchange of 1,926 units, Calypso Micro Index Fund lost a cents to close at $16.49 tin trading 50 shares. Clico Investment Fund dropped $1.99 to $25.51 in exchanging 11,200 shares, First Citizens Bank rose 20 cents to $50.20 trading 9,673 units. Guardian Holdings popped 40 cents to $33 in trading 5,225 units, JMMB Group traded 900 shares at $2.22, Massy Holdings closed at $82 with an exchange of 28,826 units, NCB Financial Group rallied 41 cents to $8.40 trading 48,313 shares, Republic Financial Holdings traded 700 shares but slipped 6 cents to $135.51. Trinidad & Tobago NGL closed at $17.90 after exchanging 1.388 units, Scotiabank traded 449 shares at $58.80, Unilever Caribbean lost 2 cents to close at $16.40, with 300 shares changing hands and West Indian Tobacco closed at $32 in trading 1,613 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , , , , ,

Q3 profit bolts 62% at Barita

August 17, 2021 by

Fresh from recommending the issue of new shares to their shareholders, the directors of Investment bankers, Barita Investments, approved the payment of an interim dividend of $3.029 per stock unit to be done on October 7, to shareholders as of September 23, 2021, to cost $3.29 billion.
The company also reported nine months results to June, with profit after tax for the June quarter coming in at $1.6 billion, up a strong 62 percent from $990 million reported in 2020 June quarter and ended the quarter, with earnings per share of $1.48 versus $1.21 in 2020. Earnings for the nine months ended at $3.38 per share from after tax profit of $3.67 billion, up 82 percent from $2 billion in 2020.

Barita eyeing acquisition.

Revenues net of interest expenses rose an impressive 75 percent in the quarter, to $2.64 billion from $1.5 billion and spiked 77 percent from $3.78 billion to $6.69 billion. Fees and commission income generated half of the revenues for the quarter in contributing $1.34 billion and $2.7 billion in the year to date period accounting for 41 percent of net revenues. Foreign exchange gains brought in $647 million in the quarter versus $321 million in 2020 and $1.78 billion year to date versus just $428 million in 2020. The above two areas are the fastest growing for the current fiscal year. Gain on investment activities is down in the quarter, from $257 million to $214 million and down from $1.1 billion in the nine months last year to $1 billion in 2021.
Expenses for the quarter surged 178 percent from $345 million in 2020 to $959 million and jumped 87 from $1.3 billion for the nine months to $2.43 billion. The latest results suggest that earnings per share for the full year could come close to $4.50, of course, with investment banking institutions, they could pick up or drop revenues in many different areas.
Shareholders approved the directors to issue 160 million shares to the public, its fourth capital raising foray since the majority shares in the company was acquired by Cornerstone United Holdings, but the issue may be upsized to as much as 240 million shares.
The shares to be issued may be upsized to a maximum of 80 million additional units if the invitation is oversubscribed. If all 240 million shares are taken up, the company could raise as much as $18 billion in fresh capital, ICInsider.com estimates on the basis that there will not be a steep discount to the price the stock has been mostly traded at up to last week.

Shareholders at Barita Investments AGM.

The pricing and date of the issue are to be determined by the directors, but the offer document seems to be with the Financial Services Commission awaiting signing off of the issue. The last APO was done in August of 2020, the offer document was dated July 30, at which time the JSE closing price was $57.93, with the last traded price of $54, the offer was set at $52 for the general public and existing shareholders. With the stock trading around $82 recently, the price for the new APO could be around $75 to $80. The company could offer existing shareholders a much steeper discount as they did back in 2019, in which case the total take would be less.
Barita Investments is listed on the Jamaica Stock Exchange and has total assets of $84 billion, up from $49 billion a year ago, with Shareholders’ equity of $30.3 billion in June 2021. The company has $2 billion invested in Derrimon Trading, shown as Investment in Associated Company on Barita’s balance sheet. Derrimon contributed $42 million to profit in the quarter.
On Monday, the shares closed trading at $90.24 after jumping $7.24 and boast a PE of 20 times this year’s earnings.

Filed Under: Company News, Company Results, Initial Public Offers Tagged With: , , , , , ,

Stocks creep higher in Trinidad

August 16, 2021 by

Market activity ended on Monday after investors traded 54 percent more shares with a value that was 72 percent lower than on Friday, resulting in more stocks falling than rising at the close of trading on the Trinidad and Tobago Stock Exchange.
Trading ended with 19 securities changing hands with the prices of three stocks rising, six declining and 10 remaining unchanged. At the close, the Composite Index climbed 1.29 points to settle at 1,425.54, the All T&T Index added 0.05 points to close at 1,934.78 and the Cross-Listed Index rose 0.37 points to settle at 123.42.
The market closed with an exchange of 411,712 shares, accounting for $2,143,953 compared to 266,699 units at $7,531,138 on Friday.
An average of 21,669 units traded for the day at $112,858 in contrast to an average of 14,037 at $396,376 on Friday. An average of 17,703 units valued at $232,597 traded for the month to date, in contrast to 17,273 units at $245,597. The average volume and value for the previous month were 20,941 units valued at $221,079.
Investor’s Choice bid-offer indicator reading for the Trinidad and Tobago market shows two stocks ended with bids higher than their last selling prices and one with lower offers.
At the close, Agostini’s remained at $24.40 with an exchange of 5,000 shares, Angostura Holdings shed 3 cents to close at $16.45 swapping 25 units, Ansa McAl remained at $59 having swapped 83 stock units. Clico Investment Fund advanced by 10 cents to $27.11 exchanging 1,493 shares, Endeavour Holdings remained at $7.01 in trading 50 stock units, First Citizens Bank remained at $50 trading 765 units. GraceKennedy declined 5 cents to $6.35 exchanging 87,049 shares, Guardian Holdings dipped 5 cents to $32.90 in trading 10,827 units, Guardian Media remained at $3.10 having swapped 2,246 stock units. JMMB Group popped 11 cents to $2.22 trading 240,004 shares, Massy Holdings rose 25 cents to a 52 weeks’ high of $82 with an exchange of 314 units, National Flour Mills remained at $2 swapping 6,925 stock units. NCB Financial Group ended at $7.99 trading 20,500 shares, One Caribbean Media closed at $4.50 in trading 1,607 units, Prestige Holdings dipped 10 cents to $7.40 with an exchange of 4,000 stock units. Trinidad & Tobago NGL lost 26 cents closing at $17.74 after exchanging 4,962 units, Trinidad Cement lost 29 cents to close at $3.51 in swapping 20,197 stock units, Unilever Caribbean remained at $16.40 having swapped 5,619 shares and West Indian Tobacco closed at $32 in trading 46 shares

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , ,

Big recovery for Medical Disposables profit

August 16, 2021 by

The financial performance saw a marked about turn for Medical Disposables & Supplies in the June quarter this year from a loss after tax of $7 million in 2020, into the black, with profit after taxation hitting $25.5 million, after with taxation amounting to $3.6 million, from an increase of 33.8 percent in sales revenue to $683 million, from $511 million in 2020.

The 2021 revenue performance not only beat that of 2020 but also the $557 million as well as the $16 million in profit in the June 2019 quarters and appears to be fully back on track from the dislocation experienced last year with the advent of Covid-19. The operations of the new subsidiary have not commenced a note to the financials states. Kurt Boothe Managing Director explained that MDS acquired the assets of the former company and at the time of the quarter end had not yet started trading as they were in the process of focussing on various systems to ensure a smooth and efficient running of the operations once they get started, which should be during the course of the second quarter ending September.“This increase in sales is the result of increased consumer demand for pharmaceutical and medical disposable items,” Kurt Boothe, General Manager stated in his commentary on the financials.
Gross profit was up 56.4 percent to $177 million from $113 million over the previous year “mostly attributable to the increase in sales of pharmaceutical and medical disposable products,” Boothe stated. Growth in gross profit also was the impact of better margins which moved up to 25.9 percent from just 22.1 percent in 2020.
Total operating expenses increased by 13.2 percent from $113.4 million in 2020 to $128.4 million in 2021. Administrative expenses rose 24.5 percent to $63 million in the quarter from $50 million. Although sales shot up sharply selling and promotional expenses increased by a mere 4.5 percent to $58.6 million, the cost is this area is mostly for distribution and delivery of goods Botyhe indicated as such increased volume sales do not necessarily mean increased cost as vehicles may be able to transport more goods per trip than before as such they benefit from economies of scale.  Finance cost jumped to $17 million from $12 million in 2020, partially due to the funding of the acquisition of the subsidiary.

Kurk Boothe – Medical Disposables Managing Director

The company operations generated a gross cash flow of $36 million but growth in receivables, inventories offset by increased payables saw inflows just balancing out. Net borrowings and investment in its new subsidiary resulted in a $37 million cash surplus for the period.
At the end of the quarter, Current assets ended at $1.63 billion including, inventories $910 million, trade and other receivables of $424 million, cash and bank balances of $111 million. Current liabilities ended the period at $1.09 billion. Net current assets ended the period at $540 million. Shareholders’ equity stood at $1.04 billion with long term borrowings at $324 million and short term at $402 million. Boothe indicated that he is optimistic that the trend seen so far will continue for the rest of the financial year.
Earnings per share came out at 10 cents for the quarter, with a loss of 3 cents for the 2020 period. IC Insider.com forecast is 80 cents per share for the fiscal year.  The stock traded at $4.98 on the Junior Market of the Jamaica Stock Exchange on Friday, with a PE of 6 times the current year’s earnings and compares favourably, with the market average of 12.7. Net asset value is $3.96 with the stock selling at a 26 percent premium to the book value, well below the average for the rest of the market.

Filed Under: Company News Tagged With: , , , , ,

Rise of stock market trading in Trinidad

August 13, 2021 by

Investors pumped 188 percent more funds into the stock market on Friday and exchanged 121 percent more shares than they did on Thursday at the close on the Trinidad and Tobago Stock Exchange and leading the market indices into a mild rally.
A total of 19 securities changed hands down from 20 on Thursday and leading five stocks higher, four lower than the prior day, while 10 closed unchanged.
The Composite Index popped 0.52 points to 1,424.25, the All T&T Index rose 0.60 points to 1,934.73 and the Cross-Listed Index rallied 0.06 points to 123.04.
A total of 266,699 shares changed hands for $7,531,138, up from 120,821 units at $2,613,965 on Thursday. An average of 14,037 units traded at $396,376 compared to 6,041 at $130,698 on Thursday. The average trade for the month to date amounts to 17,273 shares at $245,597 compared to 17,667 units at $227,233. The average trade for July ended at 20,941 units at $221,079.
The Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Agostini’s traded 111 shares at $24.40, Ansa Merchant Bank rose 50 cents in an exchange of 500 shares at $41, Clico Investment Fund fell 48 cents to $27.01, with 136 stocks crossing the exchange. FirstCaribbean International Bank traded 15,328 shares at $6.50, First Citizens Bank closed at $50 in trading 71,161 units, GraceKennedy ended at $6.40 after an exchange of 8,576 stocks. Guardian Holdings rallied 45 cents to $32.95, with 83,870 shares crossing the market, Guardian Media rose 20 cents to $3.10 trading 23,489 shares, JMMB Group rallied 1 cent to $2.11 in trading 3,046 units. Massy Holdings ended at $81.75 while exchanging 2,690 stock units, National Enterprises had an exchanged of 47 shares at $3.90, National Flour Mills ended at $2, with 12,410 stocks changing hands. NCB Financial Group dipped 1 cent to $7.99 trading 35,584 shares, One Caribbean Media traded 4,000 and gained 30 cents to end at $4.50, Prestige Holdings closed at $$7.50 with 43 shares changing hands, Republic Financial Holdings dipped 37 cents to $135.57 in an exchange of 2,879 units, Trinidad & Tobago NGL popped 50 cents to $18 with 1,274 stock units clearing the market. Trinidad Cement lost 10 cents after 165 shares were traded at $3.80 and Unilever Caribbean closed at $16.40 after trading 1,390 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , , , , , ,