Emerging Stock — Page 83

Steady trading for TTSE on Monday

April 26, 2021 by IC Insider.com

Market activity ended on Monday, with the market index slipping after trading 264 percent more shares than on Friday, resulting in slightly more stocks rising than falling at the close of trading on the Trinidad and Tobago Stock Exchange.

Trinidad & Tobago Stock Exchange Head Quarters

At the close, 17 securities traded compared to 16 on Friday, with prices of five rising, four declining and eight ending unchanged. The Composite Index slipped 0.56 points to 1,343.62, the All T&T Index declined 1.09 points to 1,785.92 and the Cross-Listed Index closed unchanged at 121.96.
Overall, 409,039 shares traded for $2,606,83 compared to 112,369 at $2,756,173 on Friday.
An average of 24,061 units traded at $153,343 versus 7,023 at $172,261 on Friday. An average of 10,817 units traded at $188,522 the month to date versus 9,890 units at $190,983. The average trade for March was 12,610 units at $342,338.
The Investor’s Choice bid-offer indicator shows no stock ending with the bid higher than the last selling price and two with lower offers.
At the close, Agostini’s dropped 15 cents in ending at $24.25 after trading 272 shares, Angostura Holdings remained at $15.49 trading 40 stock units, Clico Investment Fund climbed 5 cents to close at $25.05, with 8,285 stocks crossing the market, First Citizens Bank shed 4 cents ending at $46.41 and exchanging 3,850 units. FirstCaribbean International Bank settled at $6.74 with the swapping of 875 shares, Guardian Holdings remained at $25.60, with 1,599 stock units clearing the market, Guardian Media settled at $3.01, after 6,230 units crossed the market. JMMB Group shed 1 cent to end at $1.81 while exchanging 36,610 shares, Massy Holdings closed at $64 in trading 2,650 stocks, National Enterprises climbed 1 cent to $3, with 132,054 units changing hands. National Flour Mill increased 1 cent to $2.35 trading 128,600 shares, One Caribbean Media rose 1 cent to $4.89 with an exchange of 61,700 stock units, Republic Financial Holdings remained at $132.36 in exchanging 3,131 shares. Scotiabank stayed at $54.65 with the swapping of 3,657 units, Trinidad & Tobago NGL shed 36 cents to end at a 52 weeks’ low of $13.50 trading 17,186 shares, Unilever Caribbean settled at $16.32 in exchanging 500 stock units and West Indian Tobacco gained 6 cents in closing at $32.98, with 1,800 shares changing hands.

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

Filed Under: Stock Market, TTSE Market Tagged With: Agostini's, Angostura Holdings, Clico Investment, Daily Trading, Emerging markets, Emerging Stock, First Caribbean International Bank, First Citizens, Guardian Holdings, JMMB Group, Massy Holdings, National Enterprises, National Flour, One Caribbean Media, Republic Financial Holdings, Scotiabank, Trading Activity, Trinidad & Tobago NGL, TTSE, Unilever Caribbean, West Indian Tobacco

A Supreme dip of 18% in Q1

April 24, 2021 by IC Insider.com

Profit for Supreme ventures dipped 18 percent in the March 2021 quarter, to $602 million, from $737 million in 2020 from Sale revenues that rose 5.7 percent to $10.7 billion from $10.1 billion in 2021.
Growth in revenues disguises an 8 percent or $400 million dip in revenues for the lottery segment and a $1 billion jump in sports betting.
Gross profit slipped 8.8 percent to $2 billion from $2.3 billion in 2020 as direct cost rose 11 percent from $7.8 billion to $8.7 billion and gross profit margin slipped to 18.84 percent in the 2021 March quarter, from 22.68 percent. Selling, administrative and other expenses rose marginally to $1.32 billion, from $1.30 million in 2020.
Finance cost ended at just $12 million in the quarter, while taxation came in at $163 million from $272 million in 2020.
The company has four reporting segments; Lottery, Sports Betting that includes horseracing, Pin Codes, and Other. During the quarter, the Lottery segment generated revenues of $4.6 billion versus $4.99 billion in 2020, with profit falling 32 percent to $630 million compared to $928 million in 2020. Sports Betting raked in revenues of $3 billion versus $2 billion in 2020 and transformed a $4 million profit into a profit of $246 million in 2021, Pin Codes generated income of $2.95 billion in 2021 with a profit of $46 million versus revenues of $3 billion in 2020 and profit of $69 million and the Other segment had revenues of $125 million with a loss of $155 million compared to revenues of $83 million and with a small $3 million loss in 2020.
Earnings per share came in at 22.46 cents for the quarter, down from 28 cents for 2020. The lottery segment delivered an increase in revenues of 9.6 percent to $5.13 billion, up from $4.68 billion for the similar period in 2019, but the gains were nullified in the first quarter of 2021. With the company now faces increased competition, that could be one reason for the fall in revenues for this segment and is a matter to be closely watched as it could worsen going forward for the rest of the year.

Supreme Ventures traded at $16 on Friday.

Gross cash flow brought in $965 million, but additions to fixed assets and acquisition of subsidiary and the paying of $738 million in dividends resulted in a net outflow of $1.34 billion. At the end of March, shareholders’ equity stood at $4 billion, with borrowings at just $5.9 million. Net current assets ended the period at $7.1 billion, including cash funds of $4.97 billion, with Payables of $3.45 billion.
The company has declared an interim ordinary dividend of 20 cents per stock payable on May 21 to shareholders on record at May 7, with the ex-dividend date of May 6.
The stock traded at $16 on the Main Market of the Jamaica Stock Exchange, with a PE ratio of 16 times 2021 projected earnings of $1. There is the view that earnings to come, will show that the projection is too low.

Filed Under: Company News, Company Results Tagged With: Emerging markets, Emerging Stock, Jamaica Stock Exchange, Supreme Ventures, svl

Stalemate in Port of Spain on Friday

April 23, 2021 by IC Insider.com

Market activity ended on Friday, with an equal number of stocks rising and declining after an exchange of 45 percent more shares with a 144 percent increased value than on Thursday, at the close of trading on the Trinidad and Tobago Stock Exchange.
In all, 16 securities traded, up from 11 on Thursday, with prices of six each rising and declining and four remaining unchanged. The Composite Index climbed 6.93 points to 1,344.18, the All T&T Index dipped 0.51 points to 1,787.01 and The Cross-Listed Index gained 2.08 points to settle at 121.96.
At the close, 112,369 shares traded, for $2,756,173, up from 77,333 units at $1,127,783 on Thursday.
An average of 7,023 units traded at $172,261 compared to 7,030 at $102,526 on Thursday. An average of 9,890 units traded at $190,983 for the month to date versus 10,093 units at $192,302. The average trade for March amounts to 12,610 units at $342,338.
The Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and one with a lower offer.
At the close, Angostura Holdings traded 64 shares at $15.49, Clico Investment Fund shed 5 cents to end at $25, with 22,030 units changing hands, First Citizens Bank advanced 5 cents to $46.45 while exchanging 10,124 stocks, Grace Kennedy settled at $5, with 1,122 stocks crossing the exchange. Guardian Holdings dropped 15 cents in ending at $25.60 after 5,000 stock units changed hands, JMMB Group gained 1 cent to close at $1.82 while exchanging 50 stocks, Massy Holdings ended at $64 after 10,006 stock units crossed the exchange. National Enterprises shed 1 cent in closing $2.99 while exchanging 29 stocks, National Flour rose 2 cents to $2.34 after trading 40,275 stocks, NCB Financial Group increased 27 cents to close at $8.49 trading 640 stocks. One Caribbean Media closed at $4.88 while swapping 5,778 units, Prestige Holdings advanced 49 cents in closing at $7.50 after crossing the market with 12 units, Republic Financial Holdings dipped 14 cents to $132.36 with an exchange of 5,072 shares. Scotiabank increased 15 cents to close at $54.65 after trading 100 stock units, Trinidad & Tobago NGL lost 14 cents in closing at a 52 weeks’ low of $13.86 in exchanging 11,067 stocks and Trinidad Cement dropped 9 cents to end at $2.90 with an exchange of 1,000 units.
Closing prices are those of the last trade for each stock unless otherwise stated.

Filed Under: Stock Market, TTSE Market Tagged With: Angostura Holdings, Clico Investment, Daily Trading, Emerging markets, Emerging Stock, First Citizens, Grace Kennedy, Guardian Holdings, JMMB Group, Massy Holdings, National Enterprises, National Flour, NCB Financial Group, One Caribbean Media, Prestige Holdings, Republic Financial Holdings, Scotiabank, Trading Activity, Trinidad & Tobago NGL, Trinidad Cement, TTSE

Knutsford Express on the mend

April 22, 2021 by IC Insider.com

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Good turnaround candidates are companies that investors can make oversized gains from, Knutsford Express falls into this category and investors would be wise to take a serious look at the company’s third quarter results to February this year.

Knutsford Express

While they did not return to profit in the quarter, they made huge strides in almost closing the gap, with the February quarter showing a moderate loss of a mere $1.7 million from revenues that fell 42 percent from $318 million to $185 million. The results show a marked improvement over November when revenues fell from $283 million to $149 million with a loss of $34 million. At the same time, the Jamaican operation enjoyed a breakeven position in the third quarter. The performance is in keeping with the Directors, comments stated in their report accompanying the quarterly for November, “we expect an improved performance in the next quarter.”
Information coming in about the tourist sector indicates that the industry is on the mend with the expectation for high demand for the summer months. This will augur well for Knutsford that transports visitors to places like Negril and Ocho Rios. In addition, a more buoyant tourism sector and greater vaccination of Jamaicans will encourage more Jamaicans to travel using their buses.
The latest development is good news for the company that suffered an 11 percent decline in revenue and a 78 percent drop in profit for the 2020 financial year and a loss of $26 million for the August 2020 quarter, which worsened to $34 million in the November quarter. This followed the $70 million loss incurred in the April quarter last year, as dislocations caused by the impact of the COVID virus the company’s severely affected operations.
For the February quarter, administrative and operating expenses fell at a much slower pace and amounts than the fall in revenues, with expenses dropping 31 percent from $271 million in the 2020 January quarter to $187 million in 2021.

Knutsford Express closed at an all time high of $16 on Friday

Finance income in the 2021 quarter pulled in $4 million compared to $757,190 collected in 2020, while finance costs declined from $7 million in 2020 to $4 million in 2021.
Revenue dropped 51 percent from $925 million for the nine months to February 2020 to $456 million in 2021.
For the nine months to February this year, administrative and operating expenses fell at a much slower pace and amounts than the fall in revenues, with expenses dropping 35 percent from $797 million in the 2020 quarter to $514 million in 2021. Depreciation charges accounted for $87 million, up from $74 million in 2020.
The US operation generated a mere $638,000 in revenue and a loss of $11 million that is down from the prior year with a loss of $26 million from revenues of $21 million.
Cash flows from operating activities brought in $31 million, down from $190 million at the end of January 2020. After spending $137 million on the acquisition of fixed assets and borrowing $65 million, the balance of cash funds fell to $38 million at the end of the period, down from $96 million at the end of January 2020. The company also has investments amounting to $101 million compared to $140 million at the end of February 2020. The build out of their Drax Hall Business centre has used up some of the funds.
Current assets ended at $183 million at the end of the quarter, down from $357 million at the end of February in the previous year. Current liabilities stood at just $96 million and is well covered by current assets. At the close of January, shareholders’ equity stood at $710 million, down from $845 million as of January 2020. The company has borrowings of $300 million in borrowed funds on the books.
Earnings per share came out at a loss of just one cent for the quarter and 13 cents for the nine months. The company stands a good chance of returning to full or nearly full operations in the new fiscal year commencing in June. ICInsider.com’s estimate is for earnings per share of 45 cents for a PE of 20 times 2022 projected earnings. Knutsford Express currently trades on the Junior Market of the Jamaica Stock Exchange at $9.
The results for the latest quarter support ICInsider.com‘s forecast for the company to return to profit for the 2022 fiscal year.

Filed Under: Company News, Company Results Tagged With: Emerging markets, Emerging Stock, Jamaica Stock Exchange, Jamaican Stock, Jamaican stocks, junior market, Knutsford Express

Trading down on T&T stock market

April 22, 2021 by IC Insider.com

Just 11 securities traded on the Trinidad and Tobago Stock Exchange at the close of trading on Thursday, down from 17 on Wednesday, with the volume falling 53 percent, resulting in one stock rising, seven declining and three remaining unchanged after 77,333 shares traded for $1,127,783 compared to 162,840 units at $2,224,361 on Wednesday.
Trading ended with 11 securities changing hands compared to 17 on Wednesday. The Composite Index shed 1.20 points to settle at 1,337.25, the All T&T Index declined 1.92 points to settle at 1,787.52, and the Cross-Listed Index slipped 0.06 points to 119.88.
An average of 7,030 units traded at $102,526 compared to 9,579 at $130,845 on Wednesday. An average of 10,093 units traded at $192,302 for the month to date versus 10,249 units at $196,874. The average trade for March amounted to 12,610 units at $342,338.
The Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Clico Investment Fund lost 5 cents to end at $25.05 with an exchange of 14,560 units, First Citizens Bank dropped 1 cent to end at $46.40 in exchanging 600 shares, Guardian Holdings climbed 15 cents to close at $25.75 with the swapping of 3,652 stock units, JMMB Group lost 1 cent to close at $1.81 in trading 34,500 stocks. Massy Holdings ended at $64 after 1,537 shares crossed the exchange, National Flour Mills stayed at $2.32 in an exchange of 11,941 stocks, NCB Financial Group settled at $8.22 in trading at 100 units. Prestige Holdings declined 49 cents to end at $7.01 in an exchange of 1,679 shares, Republic Financial Holdings dropped 50 cents to close at $132.50 in exchanging 916 shares, Scotiabank fell 15 cents to $54.50 in exchanging 5,169 stocks and Trinidad & Tobago NGL declined 1 cent to close at a 52 weeks’ low of $14 in trading 2,679 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Stock Market, TTSE Market Tagged With: Clico Investment, Daily Trading, Emerging markets, Emerging Stock, First Citizens, Guardian Holdings, JMMB Group, Massy Holdings, National Flour, NCB Financial Group, Prestige Holdings, Republic Financial Holdings, Scotiabank, Trading Activity, Trinidad & Tobago NGL, TTSE

TTSE loses ground

April 21, 2021 by IC Insider.com

Market activity ended with the market declining on Wednesday, after investors traded 90 percent more shares than on Tuesday, resulting in the majority of stocks remaining unchanged, with rising and falling stocks sharing the rest at the close of trading on the Trinidad and Tobago Stock Exchange.

Trinidad & Tobago Stock Exchange Head Quarters

Trading ended with 17 securities changing hands compared to 16 on Tuesday, with prices of three stocks rising, three declining and 11 ending unchanged. The Composite Index lost 3.53 points to 1,338.45, the All T&T Index fell 6.50 points to 1,789.44 and the Cross-Listed Index slipped 0.05 points to settle at 119.94.
At the close, 162,840 shares traded for $2,224,361 versus 85,811 units at $2,813,565 on Tuesday.
An average of 9,579 units traded at $130,845 compared to 5,363 at $175,848 on Tuesday. An average of 10,249 units traded at $196,874 for the month to date versus 10,306 units at $202,515. The average trade for March amounted to 12,610 units at $342,338.
The Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than its last selling price and four with lower offers.
At the close, Agostini’s settled at $24.40 after trading 500 shares, Angostura Holdings gained 4 cents to end at $15.49 in switching ownership of 52 shares, Clico Investment Fund gained 8 cents to close at $25.10 with 34,000 stocks crossing the exchange. First Citizens Bank closed at $46.41 with 196 stock units crossing the market, FirstCaribbean International Bank lost 1 cent in closing at a 52 weeks’ low of $6.74 in trading 1,000 units, Grace Kennedy settled at $5 after clearing the market with 1,000 units, Guardian Holdings shed 30 cents to close at $25.60 with 14,893 units crossing the market. JMMB Group ended at $1.82 in the transfer of 50,000 shares, Massy Holdings finished at $64 with the trading of 3,735 stock units, National Flour Mills rose 7 cents to $2.32 after trading 845 units. One Caribbean Media ended at $4.88 with 4,000 stocks changing hands, Point Lisas remained at $3 after exchanging 28,777 shares, Prestige Holdings closed at $7.50 in transferring 258 stocks. Republic Financial Holdings ended at $133 with the swapping of 500 units, Scotiabank closed at $54.65 in switching ownership of 3,163 shares, Trinidad & Tobago NGL dropped 48 cents to settle at a 52 weeks’ low of $14.01 with the swapping of 19,821 units and Unilever Caribbean closed at $16.32 in trading 100 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: Agostini's, Angostura Holdings, Clico Investment, Daily Trading, Emerging markets, Emerging Stock, First Caribbean International Bank, First Citizens, Grace Kennedy, Guardian Holdings, JMMB Group, Massy Holdings, National Flour, One Caribbean Media, Point Lisas, Prestige Holdings, Republic Financial Holdings, Scotiabank, Trading Activity, Trinidad & Tobago NGL, TTSE, Unilever Caribbean, West Indian Tobacco

Another day of mostly falling stocks

April 20, 2021 by IC Insider.com

Market activity ended with another day when declining stocks drubbed rising ones at the close on Tuesday, after investors traded 68 percent fewer shares than on Monday, resulting in mixed movement in the Trinidad and Tobago Stock Exchange market indices.
Trading ended with 16 securities changing hands compared to 14 on Monday, with the prices of two stocks rising, seven declining and seven remaining unchanged. The Composite Index declined 6.92 points to 1,341.98, the All T&T Index rose just 0.14 points to 1,795.94 and the Cross-Listed Index fell 2.03 points to settle at 119.99.
At the close, 85,811 shares traded, for $2,813,565 compared to 270,521 units at $1,186,871 on Monday.
An average of 5,363 units traded at $175,848 down 19,323 at $84,777 on Monday. An average of 10,306 units traded at $202,515 for the month to date versus 10,738 units at $204,846. The average trade for March ended at 12,610 units at $342,338.
The Investor’s Choice bid-offer indicator shows no stock with the bid higher than the last selling price and four with lower offers.
At the close, Agostini’s traded 3,095 shares at $24.40, Angostura Holdings ended at $15.45 in an exchange of 3,000 units, Calypso Macro Investment Fund dropped 3 cents to $14.27 with an exchange of 60 shares, Clico Investment Fund remained at $25.02 in trading 15,650 stock units. First Citizens Bank dropped 33 cents in ending at $46.41, with 10,625 stock units changing hands. losedGuardian Holdings ended at $25.90 in switching ownership of 757 shares, JMMB Group closed at $1.82 after 1,000 stock units crossed the market, Massy Holdings rose 10 cents to $64 in an exchange of 3,792 shares. NCB Financial Group dropped 27 cents in closing at $8.22 after clearing the market of 140 stocks, One Caribbean Media fell 1 cent to $4.88 trading 6,000 units, Prestige Holdings closed at $7.50 after exchanging 9,677 units. Republic Financial Holdings slipped $1 to $133, with 5,142 shares changing hands, Scotiabank closed at $54.65, with 4,390 stocks crossing the exchange, Trinidad & Tobago NGL slipped 1 cent to $14.49, with 7,286 stock units clearing the market. Unilever Caribbean lost 1 cent to close at $16.32 with an exchange of 5,942 units and West Indian Tobacco rose 1 cent to $32.92 in an exchange of 9,255 stocks.

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

Filed Under: Stock Market, TTSE Market Tagged With: Agostini's, Angostura Holdings, Calypso Micro Index Fund, Clico Investment, Daily Trading, Emerging markets, Emerging Stock, First Citizens, Guardian Holdings, JMMB Group, Massy Holdings, NCB Financial Group, One Caribbean Media, Prestige Holdings, Republic Financial Holdings, Scotiabank, Trading Activity, Trinidad & Tobago NGL, TTSE, Unilever Caribbean, West Indian Tobacco

Mixed trading starts the week on the TTSE

April 19, 2021 by IC Insider.com

Market activity ended on Monday, ending with mixed results after trading 190 percent more shares than on Friday, resulting in three times more stocks falling than rising at the close of the Trinidad and Tobago Stock Exchange.
Overall, 14 securities traded down from 18 on Friday, with two rising, six declining and six remaining unchanged. The Composite Index lost 0.96 points to 1,348.90, the All T&T Index rose 2.89 points to 1,795.80 and the Cross-Listed Index fell 0.66 points to 122.02. At the close, one stock traded at a 52 weeks’ low.
At the close, 270,521 shares traded for $1,186,871 compared to 93,215 units at $1,332,255 on Friday.
An average of 19,323 units traded at $84,777 compared to 5,179 at $74,014 on Friday. An average of 10,738 units traded at $204,867 for the month to date versus 10,027 units at $214,793. The average trade for March amounts to 12,610 units at $342,338.
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, Clico Investment Fund dropped 3 cents to end at $25.02, exchanging 3,557 units, First Citizens Bank gained 34 cents in ending at $46.74 after the trading of 2,539 shares, FirstCaribbean International Bank lost 15 cents to close at a 52 weeks’ low of $6.75 trading 3,252 units, Grace Kennedy ended at $5 in exchanging 200 stocks. Guardian Holdings fell 9 cents to $25.90, with 100 shares crossing the market, Massy Holdings lost 10 cents to close at $63.90 after 500 units changed hands, National Flour settled at $2.25, with 100,000 stocks clearing the market. Prestige Holdings stayed at $7.50 while exchanging 2,812 shares, Republic Financial Holdings rose $1 to close at $134 after trading 14 shares, Scotiabank finished trading 2,767 shares at$54.65. Trinidad & Tobago NGL fell 23 cents to $14.50 after 4,440 shares crossed the exchange, Trinidad Cement shed 1 cent in ending at $2.99, with 150,000 stock units crossing the market, Unilever Caribbean closed at $16.33 in an exchange of 40 shares and West Indian Tobacco remained at $32.91, with 300 stock units changing hands.

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

Filed Under: Stock Market, TTSE Market Tagged With: Clico Investment, Daily Trading, Emerging markets, Emerging Stock, First Caribbean International Bank, First Citizens, Grace Kennedy, Guardian Holdings, Massy Holdings, National Flour, Prestige Holdings, Republic Financial Holdings, Scotiabank, Trading Activity, Trinidad & Tobago NGL, Trinidad Cement, TTSE, Unilever Caribbean, West Indian Tobacco

Gains for TTSE market on Friday

April 16, 2021 by IC Insider.com

Market activity ended on Friday, with the market rising after 127 percent more shares traded with 34 percent more value than on Thursday, resulting in rising stocks just being edged out by declining ones at the close of trading on the Trinidad and Tobago Stock Exchange.
Trading ended with 18 securities changing hands compared to 14 on Thursday, with four stocks rising, five declining and nine remaining unchanged. The Composite Index rose 7.69 points to 1,349.86, the All T&T Index shed 2.30 points to settle at 1,792.91 and the Cross-Listed Index advanced 2.43 points to 122.68.
At the close, 93,215 shares traded, for $1,332,255 compared to 41,013 units at $993,218 on Thursday.
An average of 5,179 units traded at $74,014 compared to 2,930 at $70,944 on Thursday. An average of 10,027 units traded at $214,793 for the month to date versus 10,605 units at $231,575. The average trade for March amounted to 12,610 units at $342,338.
The Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and one with a lower offer.
At the close, Agostini’s traded 500 shares at $24.40, Angostura Holdings carved out a gain of 3 cents to end at $15.45 after exchanging 1,089 stocks, Clico Investment Fund increased 4 cents to close at $25.05 with an exchange of 7,028 units and Endeavour Holdings dropped 55 cents in closing at $8.75 in trading 500 stock units. First Citizens Bank lost 39 cents in ending at $46.40 and exchanging 6,620 shares. FirstCaribbean International Bank settled at $6.90 after trading 470 units, Grace Kennedy gained 20 cents to close at $5 while exchanging 19,898 stock units, Guardian Holdings remained at $25.99, with 3,882 units clearing the market. JMMB Group settled at $1.82, with 19,000 units changing hands, Massy Holdings ended at $64 in an exchange of 166 shares, National Flour Mills closed at $2.25 while exchanging 4,747 stocks. NCB Financial Group advanced 27 cents in closing at $8.49 as 11,580 units crossed the market, One Caribbean Media settled at $4.89 after 200 shares changed hands, Prestige Holdings settled at $7.50 after exchanging 1,500 stocks. Republic Financial Holdings closed at $133 with the swapping of 25 stock units, Scotiabank dropped 5 cents to close at $54.65, with 4,595 units crossing the exchange, Trinidad & Tobago NGL fell 4 cents to $14.73 after an exchange of 10,186 stock units and West Indian Tobacco shed 1 cent to close at $32.91 in trading 1,229 stock 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: Agostini's, Angostura Holdings, Clico Investment, Daily Trading, Emerging markets, Emerging Stock, Endeavour Holdings, First Caribbean International Bank, First Citizens, Grace Kennedy, Guardian Holdings, JMMB Group, Massy Holdings, National Flour, NCB Financial Group, One Caribbean Media, Prestige Holdings, Republic Financial Holdings, Scotiabank, Trading Activity, Trinidad & Tobago NGL, TTSE, West Indian Tobacco

Prices mostly fall market index rises

April 15, 2021 by IC Insider.com

Trading ended on Thursday, with the market index surprisingly rising after 27 percent fewer shares were traded than on Wednesday, but with an 83 percent rise in value, resulting in more stocks falling than rising at the close of trading on the Trinidad and Tobago Stock Exchange.
Trading ended with 14 securities changing hands, up from 10 on Wednesday, with two rising, five declining and seven remaining unchanged. The Composite Index advanced 0.34 points to 1,342.17, the All T&T Index climbed 0.67 points to close at 1,795.21 and the Cross-Listed Index remained unchanged at 120.25.
A total of 41,013 shares traded for $993,218 versus 56,336 units at $543,220 on Wednesday.
An average of 2,930 units traded at $70,944 versus 5,634 at $54,322 on Wednesday. The month to date averages 10,605 units at $231,575, versus 11,389 units at $247,989. The average trade for March amounted to 12,610 units at $342,338.
The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s ended at $24.40 after 1,300 stock shares crossed the market, Angostura Holdings remained at $15.42 after trading 3,228 units, Ansa Mcal gained 80 cents to end at $56.80 while exchanging 50 units. Ansa Merchant Bank closed at $40, with 1,000 stocks clearing the market, Clico Investment Fund fell 39 cents to $25.01 in trading 14,726 units, First Citizens Bank shed 20 cents to close at $46.79 in switching ownership of 10 units, Guardian Holdings declined 1 cent to $25.99 in exchanging 40 stock units. Guardian Media remained at $3.01fter exchanging 300 shares, Massy Holdings ended at $64 while exchanging 2,710 units, Point Lisas ended at $3 in trading 83 shares. Prestige Holdings settled at $7.50, with 5,000 units changing hands, Republic Financial Holdings lost $1 in closing at $133 with the swapping of 202 stock units, Trinidad & Tobago NGL shed 3 cents to close at $14.77, with 8,068 stocks crossing the market and West Indian Tobacco advanced 1 cent to $32.92 in exchanging 4,296 shares.