First Caribbean International Bank

More highs & lows ahead for TTSE

February 5, 2020 by IC Insider.com

Trinidad & Tobago Stock Exchange market index slipped slightly on Wednesday as advancing stocks outnumbered declining ones on a ratio of three to one and leaving the market with more highs and lows ahead.

First Citizens Bank hits new high and heading higher.

Trading closed with 14 securities changing hands, compared to 20 on Tuesday, with six gaining, two declining and the prices of six remaining unchanged.
The T&T Composite Index slipped 0.27 points to close at 1,500.67. The All T&T Index erased just 0.03 points to 1,907.99, while the Cross Listed Index edged 0.07 points lower to end at 148.12.
Trading resulted in an exchange of 886,493 shares, amounting to $11,155,264 compared to 81,749 shares valued at $3,862,184 on Tuesday.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with the bids of six stocks higher than their last selling prices and two with lower offers.
Gains| First Citizens Bank added 15 cents and settled at a record high of $48.15, as investors continue to drive this undervalued stock higher, after exchanging 320 shares. At the close, traders had a bid to buy 5,884 shares at $48.20. First Caribbean International Bank traded 1,000 shares and rose 5 cents to close at $7.90. The stock ended with over 1.4 million units on offer at $7.90. JMMB Group gained 4 cents and ended at $2.74, with investors exchanging 32,199 stock units, National Flour rose 4 cents with 1,283 units changing hands at $1.49. One Caribbean Media added 5 cents in transferring 1,000 shares at $8 and Scotiabank ended trading with 18,091 units after rising 27 cents to $61.49.
Losses| NCB Financial lost 4 cents trading 799,112 stock units at $11.25 and Prestige Holdings swapped 385 shares and fell 5 cents to close at $8.90.
Firm Trades| Clico Investment closed at $28.48, with 8,484 units crossing the exchange, Grace Kennedy ended at $3.95, with investors exchanging 500 shares, Guardian Holdings traded 391 units and ended at $22. Point Lisas exchanged 100 shares at $3.55, Republic Financial closed at $142, after trading just 10 stock units, but it finished with a bid of $143 for a mere 15 shares on offer to sell 422 shares at $150, Trinidad & Tobago NGL traded 13,915 shares to close at $20.70 after trading as low as $20.47 and ending with the stock on offer at $20.50 and West Indian Tobacco settled at $40, with 9,803 units changing hands and looking a bit weak at the close.

Prices of securities trading are those at which the last trade took place.

52 weeks’ lows highlight TTSE trading

February 4, 2020 by IC Insider.com

The Trinidad & Tobago Stock Exchange market recorded more gains on Tuesday but closed with four stocks ending at 52 weeks’ lows and just one at a 52 weeks’ high.

First Citizens Bank hitting new highs and heading higher.

Trading closed with 20 securities changing hands, compared to 15 on Monday, with four gaining, seven declining and the prices of nine remaining unchanged.
The T&T Composite Index gained 1.54 points to close at 1,500.94. The All T&T Index rose 3.06 points to 1,908.02, while the Cross Listed Index remained at 148.19.
Trading resulted in an exchange of 81,749 shares, amounting to $3,862,184 compared to 172,952 shares valued at $4,651,869 on Monday.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with the bids of two stocks higher than their last selling prices and none with lower offers.
Gains| Calypso Micro Index Fund rose by 2 cents in trading 1,000 shares at $15.87, Clico Investment gained 3 cents to close at $28.48, with 13,185 units crossing the exchange. First Citizens Bank climbed $1 and settled at a record high of $48, with investors continue to drive this undervalued stock higher after exchanging 2,000 shares and Guardian Holdings traded 7,694 units to close with a rise of 5 cents at $22.
Losses| Ansa Mcal lost 7 cents and completed trading 2,749 units at $55.30,

Ansa Merchant Bank dropped $1.95 to close at $36.05 with an exchange of 38 stock units, One Caribbean Media lost 5 cents in transferred 645 shares in closing at a 52 weeks’ low of $7.95. Scotiabank ended trading with 161 units after falling 7 cents to $61.22, Trinidad Cement fell 6 cents in exchanging 2,900 shares at a 52 weeks’ low of $1.89. Trinidad & Tobago NGL lost 8 cents in trading 4,898 shares to close at a 52 weeks’ low of $20.70 and Unilever Caribbean fell 4 cents and ended at a 52 weeks’ low of $22.01, with investors exchanging 3,004 shares.
Firm Trades| First Caribbean International Bank traded 5,280 shares at $7.85, Grace Kennedy closed at $3.95, with investors exchanging 250 shares, JMMB Group closed at $2.70, with investors exchanging 11,000 stock units. Massy Holdings swapped 10,039 shares at $62, National Enterprises traded 264 stock units at $5.50, National Flour had 500 units changing hands to close at $1.45. Point Lisas exchanged 100 shares at $3.55, Republic Financial closed at $142, after trading 15,000 stock units and West Indian Tobacco settled at $40, with 1,042 units changing hands.

Prices of securities trading are those at which the last trade took place.

Filed Under: Company News Tagged With: Ansa Mcal, Ansa Merchant Bank, Clico Investment, Daily Trading, Emerging markets, Emerging Stock, First Caribbean International Bank, First Citizens, Grace Kennedy, Guardian Holdings, JMMB Group, Massy Holdings, National Enterprises, National Flour, One Caribbean Media, Point Lisas, Republic Financial Holdings, Scotiabank, Trading Activity, Trinidad & Tobago NGL, TTSE, Unilever Caribbean, West Indian Tobacco

More gains for TTSE on Friday

January 31, 2020 by IC Insider.com

The Trinidad & Tobago Stock Exchange market recorded gains on Friday following Thursday’s increases, even as declining ones outnumbered the number of stocks advancing.
The market closed with 18 securities changing hands, compared to 16 on Thursday, with two gaining, six declining with the prices of ten remaining unchanged. One stock closed at 52 weeks’ high and one at a low.
The T&T Composite Index gained 1.53 points on Friday to 1,495.18. The All T&T Index rose 4.63 points to 1,897.07, while the Cross Listed Index lost 0.22 points to close at 148.12.
Trading resulted in an exchange of 180,282 shares, amounting to $5,149,858 compared to $102,489 shares, at $2,231,866 on Thursday.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with the bids of four stocks higher than their last selling prices and two with lower offers.
Gains| Ansa Mcal closed with an increase of 7 cents and completed trading 3,313 units at $55.37 and First Citizens Bank gained 21 cents and settled at $47.01, with investors exchanging 245 shares.
Losses| Guardian Holdings closed with a loss of 5 cents at $21.95, after trading 1,801 shares, JMMB Group dropped 4 cents and closed at $2.70, with investors exchanging 20,133 stock units. Republic Financial lost $3.46 and ended at $136.54, after exchanging 13,840 shares, Scotiabank ended trading with 9,739 units after falling 9 cents to $61.40. Trinidad & Tobago NGL fell 9 cents in trading 26,835 stock units to close at a 52 weeks’ low of $20.81 and Unilever Caribbean fell 18 cents and ended at $22.05, with investors exchanging 222 shares.
Firm Trades| Clico Investment closed market activity at $28.48, with 39,485 units crossing the exchange, First Caribbean International Bank completed trading at $7.85, with 90 units crossing the exchange, Republic Holdings on the rise since late 2018 and is set to move much higher in 2020.

Republic Holdings on the rise since late 2018 and is set to move much higher in 2020.

Grace Kennedy closed at $3.95, with investors exchanging 2,250 shares. Massy Holdings swapped 711 shares at $62, National Flour ended at $1.45, with investors exchanging 2,750 shares. NCB Financial settled at $11.29, after trading 2,304 stock units, One Caribbean Media ended at $8, in exchanging 8,000 shares, Prestige Holdings settled at $9, with 1,943 shares crossing the exchange. L.J Williams settled at $1.55, with 36,310 units changing hands and West Indian Tobacco settled at $40, with 10,311 shares changing hands.

Prices of securities trading are those at which the last trade took place.

Filed Under: Stock Market, TTSE Market Tagged With: Ansa Mcal, Clico Investment, Daily Trading, Emerging markets, Emerging Stock, First Caribbean International Bank, First Citizens, Grace Kennedy, Guardian Holdings, JMMB Group, LJ Williams, Massy Holdings, National Flour Mills, NCB Financial Group, One Caribbean Media, Prestige Holdings, Republic Financial Holdings, Scotiabank, Trading Activity, Trinidad & Tobago NGL, TTSE, Unilever Caribbean, West Indian Tobacco

TTSE record gains on Thursday

January 30, 2020 by IC Insider.com

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The Trinidad & Tobago Stock Exchange market recorded gains on Thursday, with Republic Holdings climbing $3 to $140 and seems poised to move much higher.

Republic Holdings hits a 52 weeks’ high of $140.

The market closed with 16 securities changing hands, compared to 13 on Wednesday, with five gaining, two declining and the prices of nine remaining unchanged. One stock closed at a 52 weeks’ high and one at a low while one hit an intraday low but closed above it.
The T&T Composite Index gained 3.23 to close at 1,493.65. The All T&T Index rose 6.41 points to 1,892.44 while the Cross Listed Index remained at 148.34. Trading resulted in an exchange of 102,489 shares, amounting to $2,231,866 compared to 53,255 shares at $2,164,720 on Wednesday.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with the bids of five stocks higher than their last selling prices and one with a lower offer.
Gains| Guardian Holdings gained 5 cents and closed at $22, with 55,749 stock units changing hands, National Flour ended trading 250 stock units with a rise of 5 cents to $1.45. Prestige Holdings rose 10 cents to $9, with investors exchanging ten shares, Republic Financial climbed $3 to end at a 52 weeks’ high of $140, with 200 units crossing the exchange and L.J Williams added at 5 cents to close at $1.55, with 8,150 units changing hands.

Losses| One Caribbean Media fell 25 cents and ended at a 52 weeks’ low of $8, after exchanging 8,110 shares and Trinidad & Tobago NGL lost 5 cents in trading 4,372 shares to close at $20.90 after trading at a 52 weeks’ low of $20.88 earlier in the day.
Firm Trades| Ansa McAl settled at $55.30, after exchanging 4,000 shares, Clico Investment traded 2,138 shares at $28.48, First Caribbean International Bank ended at $7.85, with 100 stock units changing hands, Grace Kennedy closed at $3.95, with investors exchanging 828 shares. JMMB Group exchanged 7,000 shares to settle at $2.74, while Massy Holdings traded 2,343 shares at $62. National Enterprises ended at $5.50, with 20 stock units changing hands, NCB Financial ended at $11.29, with investors exchanging 300 shares and West Indian Tobacco concluded the trading 8,919 shares at $40.

Prices of securities trading are those at which the last trade took place.

Filed Under: Stock Market, TTSE Market Tagged With: Ansa Mcal, Clico Investment, Daily Trading, Emerging markets, Emerging Stock, First Caribbean International Bank, First Citizens, Grace Kennedy, Guardian Holdings, JMMB Group, LJ Williams, Massy Holdings, National Enterprises, National Flour, NCB Financial Group, One Caribbean Media, Prestige Holdings, Republic Financial Holdings, Scotiabank, Trading Activity, Trinidad & Tobago NGL, TTSE, West Indian Tobacco

TTSE slips moderately on Wednesday

January 29, 2020 by IC Insider.com

First Citizens Bank closed at 52 weeks’ high on Wednesday.

The Trinidad & Tobago Stock Exchange market indices closed on Wednesday with minor declines with advancing stocks outnumbering declining ones.
The market closed with 13 securities changing hands, compared to 18 on Tuesday, with five gaining, two declining and the prices of six remained unchanged. One stock closed at 52 weeks’ high.
The T&T Composite Index slipped 0.67 to close at 1,490.42. The All T&T Index shed 1.22 points to 1,886.03 while the Cross Listed Index inched just 0.02 points lower to 148.34. Trading resulted in an exchange of 53,255 shares, for $2,164,720 compared to 248,341 shares, amounting to $4,079,099 on Tuesday.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with the bids of five stocks higher than their last selling prices and three with lower offers.
Gains| First Citizens Bank added 30 cents and ended at a 52 weeks’ high of $46.80, with 5,974 stock units trading, JMMB Group gained 4 cents and ended at $2.70, with investors exchanging 2,503 shares. Massy Holdings ended trading 11 cents higher at $62, after a transfer of 18,201 shares, Scotiabank increased 27 cents to $61.49, with 3,923 units changing hands and Trinidad & Tobago NGL rose 5 cents in trading 6,977 shares to close at $20.95.
Losses| NCB Financial slipped 1 cent to end at $11.29, with 101 stock units changing hands and West Indian Tobacco lost 65 cents to close at $40, with an exchange of 7,661 units.
Firm Trades| Clico Investment traded 103 shares at $28.48, First Caribbean International Bank ended at $7.85, with investors exchanging 1,000 shares, Grace Kennedy completed trading at $3.95, with 2,000 units crossing the exchange. Guardian Holdings settled at $21.95, with 175 stock units changing hands. National Enterprises traded 1,200 shares at $5.50, and Prestige Holdings ended at $8.90, with 3,437 stock units changing hands.

Prices of securities trading are those at which the last trade took place.

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, JMMB Group, Massy Holdings, National Enterprises, NCB Financial Group, Prestige Holdings, Scotiabank, Trading Activity, Trinidad & Tobago NGL, TTSE, West Indian Tobacco

TTSE closed slightly up on Tuesday

January 28, 2020 by IC Insider.com

First Citizens Bank closed at a 52 weeks’ high on TTSE on Tuesday.

The Trinidad & Tobago Stock Exchange closed on Tuesday with the two major market indices finishing higher than at the close on Monday, with an equal number of declining and advancing stocks.
The market closed with 18 securities changing hands, compared to 19 on Monday, with five gaining, five declining and the prices of nine remained unchanged. Two stocks closed at 52 weeks’ high and two at 52 weeks’ lows.
The T&T Composite Index advanced 1.99 points to close at 1,491.09. The All T&T Index gained 4.36 points to 1,887.25, while the Cross Listed Index lost just 0.06 points to close at 148.36. Trading resulted in an exchange of 248,341 shares, for a sum of $4,079,099 compared to 239,819 shares, amounting to $4,423,787 on Monday.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with the bids of four stocks higher than their last selling prices and none with a lower offer.
Gains| Angostura Holdings rose 13 cents and settled at a 52 weeks’ high of $16.30, with 20 units crossing the exchange, First Citizens added 40 cents and ended at a 52 weeks’ high of $46.50, with 6,250 stock units trading, Scotiabank increased 21 cents to $61.22, with 6,883 units changing hands. Trinidad & Tobago NGL rose 10 cents in trading 67,550 shares to close at $20.90 and West Indian Tobacco increased by 60 cents to close at $40.65, with an exchange of 12,184 units.
Losses| First Caribbean International Bank dropped 5 cents and ended at $7.85, with investors exchanging 9,656 shares, Guardian Holdings declined 4 cents and settled at $21.95, with 10,300 stock units changing hands. Guardian Media dropped 25 cents and settled at 52 weeks’ low of $6.75, with investors exchanging 4,414 shares, Massy Holdings ended trading 10 cents lower at $61.89, after a transfer of 1,055 shares and LJ Williams declined 19 cents and settled at $1.50, with 26,013 units changing hands.
Firm Trades| Ansa McAl closed at $55.30, with an exchange of 40 units, Grace Kennedy completed trading at $3.95, with 85,517 units crossing the exchange, JMMB Group ended at $2.70, with investors exchanging 400 shares. NCB Financial ended at $11.30, with 38 stock units changing hands, One Caribbean Media settled at $8.25, with 1,340 units crossing the exchange, Prestige Holdings ended at $8.90, with 5,000 stock units changing hands and Republic Financial completed trading 2,750 units at $137.
Prices of securities trading are those at which the last trade took place.

Filed Under: Stock Market, TTSE Market Tagged With: Angostura Holdings, Ansa Mcal, Clico Investment, Daily Trading, Emerging markets, Emerging Stock, First Caribbean International Bank, First Citizens, Grace Kennedy, Guardian Holdings, JMMB Group, LJ Williams, Massy Holdings, NCB Financial Group, One Caribbean Media, Prestige Holdings, Republic Financial Holdings, Scotiabank, Trading Activity, Trinidad & Tobago NGL, TTSE, West Indian Tobacco

TTSE closed down on Monday

January 27, 2020 by IC Insider.com

Trinidad & Tobago Stock Exchange Head Quarters

The Trinidad & Tobago Stock Exchange closed on Monday with the two major market indices falling, as declining stocks were twice as many as those rising.
Trading resulted in an exchange of 239,819 shares, for a sum of $4,423,787 compared to 403,858 shares, amounting to $5,540,178 on Friday.
The market closed on Monday with 19 securities trading, compared to 18 on Friday, with three gaining, six declining and the prices of ten closed unchanged. One stock closed at 52 weeks’ high and two at 52 weeks’ lows.
The T&T Composite Index dipped 0.94 to 1,489.10. The All T&T Index declined by a sizable 9.58 points to 1,882.89, while the Cross Listed Index gained 1.07 points to close at 148.42.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with the bids of five stocks higher than their last selling prices and one with a lower offer.
Gains| NCB Financial gained 15 cents and settled at $11.30, after exchanging 1,100 shares, Republic Financial rose 50 cents and completed trading at a 52 weeks’ high of $137, with 1,237 units changing hands and Unilever Caribbean added 23 cents and settled at $22.23, after exchanging 1,403 shares.
Losses| National Enterprises closed with a loss of 20 cents at $5.50, with investors exchanging 10,000 shares, One Caribbean Media declined by 13 cents and settled at a 52 weeks’ low of $8.25, with 300 units changing hands, Scotiabank shed 98 cents and completed trading 921 shares at $61.01. Trinidad & Tobago NGL lost 20 cents in trading 93,576 shares and closed at a 52 weeks’ low of $20.80, Trinidad Cement declined 3 cents to end at $1.95, with 32,656 stock units changing hands and West Indian Tobacco dropped 60 cents and settled at $40.05, with 800 stock units crossing the exchange.
Firm Trades|Clico Investments completed trading at $28.50, with 16,414 stock units changing hands, CinemaOne closed at $5.75, with 500 units crossing the exchange, First Caribbean International Bank ended at $7.90, with an exchange of 650 units. First Citizens Bank closed at $46.10, with 1,580 units changing hands, Grace Kennedy completed trading of 12,416 stock units at $3.95, Guardian Holdings settled at $21.99, with 1,354 stock units changing hands. JMMB Group settled at $2.70, with 38,261 stock units, Massy Holdings completed trading at $61.99, with 20,625 units, National Flour ended at $1.40, after exchanging 3,400 shares and Prestige Holdings ended at $8.90 after 2,626 shares changed hands.

Prices of securities trading are those at which the last trade took place.

Filed Under: Stock Market, TTSE Market Tagged With: Cinemaone, Clico Investment, Daily Trading, Emerging markets, Emerging Stock, First Caribbean International Bank, 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, TTSE, Unilever Caribbean, West Indian Tobacco

TTSE closed week with gains on Friday

January 24, 2020 by IC Insider.com

First Citizens Bank closed at 52 weeks’ high on Friday.

The Trinidad & Tobago Stock Exchange closed on Friday with gains in the market indices as more stocks rose than declined.
Trading resulted in an exchange of 403,858 shares, for a sum of $5,540,178 compared to 225,598 shares, amounting to $3,601,556 on Thursday.
The market closed on Friday with 18 securities trading, compared to 11 on Thursday, with eight gaining, four declining as the prices of six closed unchanged. Two stocks closed at 52 weeks’ high and one at 52 weeks’ low.
The T&T Composite Index rose 3.76 points to 1,490.04. The All T&T Index gained 3.87 points to 1,892.47, while the Cross Listed Index added 0.50 points to close at 147.35.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with the bids of three stocks higher than their last selling prices and two with lower offers.
Gains| Clico Investments closed with a gain of 25 cents at $28.50, with 106,891 units trading, First Caribbean International Bank gained 5 cents and settled at $7.90, with 506 units changing hands, First Citizens Bank finished trading of 700 shares after rising 10 cents to end at a 52 weeks’ high of $46.10. Grace Kennedy closed with an increase of 5 cents and closed at $3.95, with 26,017 units changing hands, Guardian Holdings rose 48 cents and settled at $21.99, after exchanging 8,960 shares, JMMB Group ended trading of 157,602 shares with a gain of 4 cents at $2.70. Massy Holdings rose 48 cents and ended at $61.99, with 9,025 units changing hands and Republic Financial added 49 cents and ended at a 52 weeks’ high of $136.50, after exchanging just 50 shares.
Losses| Scotiabank lost 1 cent and completed trading of 2,347 units at $61.99, Trinidad & Tobago NGL lost 60 cents in trading 16,246 shares and closed at $21. West Indian Tobacco ended trading with 1,120 units and lost 35 cents to settle at $40.65 and Unilever Caribbean shares fell 15 cents to $22 in swapping 2,853 shares.
Firm Trades| Angostura Holdings completed trading of 1,000 stock units at $16.17, CinemaOne ended at $5.75, after exchanging 1,000 shares, Guardian Media settled at $7, after swapping of 2,759 shares. National Flour concluded trading of 2,051 units at $1.40, One Caribbean Media closed at $8.38, with an exchange of 64,231 stock units and Trinidad Cement ended at $1.98, with 500 units crossing the exchange.

Prices of securities trading are those at which the last trade took place.

Filed Under: Stock Market, TTSE Market Tagged With: Angostura Holdings, Cinemaone, 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, Republic Financial Holdings, Scotiabank, Trading Activity, Trinidad & Tobago NGL, TTSE, Unilever Caribbean, West Indian Tobacco

TTSE slips again on Thursday

January 23, 2020 by IC Insider.com

First Citizens closed at a 52 weeks’ high on TTSE on Thursday.

The Trinidad & Tobago Stock Exchange closed slipped again on Thursday with increased trading but with more stocks declining than rising.
Trading resulted in an exchange of 225,598 shares, for a sum of $3,601,556 compared to 36,138 shares, amounting to $1,010,495 on Wednesday.
The market closed on Thursday with only 11 securities trading, similar to Wednesday, with three stocks gaining, five declining as the prices of three closed unchanged.
The T&T Composite Index lost 1.01 points to end at 1,486.28. The All T&T Index declined by 0.82 points to 1,888.60, while the Cross Listed Index shed 0.16 points to close at 146.85.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with the bids of four stocks higher than their last selling prices and two with lower offers.
Gains| Clico Investments added 13 cents and closed at $28.25, with 7,295 stock units trading, Ansa McAl increased 5 cents after exchanging 1,164 shares at $55.30, and First Citizens Bank rose 75 cents and ended at an all-time high of $46, with 5,980 stock units changing hands.
Losses| Guardian Holdings fell 48 cents and settled at $21.51, with 57,711 units crossing the exchange, JMMB Group lost 4 cents and ended at $2.66, with investors exchanging 23,036 shares. Massy Holdings fell 49 cents and completed trading of 2,813 stock units at $61.51, Trinidad & Tobago NGL dived $1.40 in trading 9,766 shares and closed at $21.60 and West Indian Tobacco closed with a loss of 19 cents and settled at $41, after swapping 1,405 shares.
Firm Trades| First Caribbean International Bank concluded trading with 523 stock units at $7.85, NCB Financial ended at $11.15 with 115,000 units crossing the exchange and Unilever Caribbean settled at $22.15, with investors exchanging 905 shares.

Prices of securities trading are those at which the last trade took place.

Filed Under: Stock Market, TTSE Market Tagged With: Ansa Mcal, Clico Investment, Daily Trading, Emerging markets, Emerging Stock, First Caribbean International Bank, First Citizens, Guardian Holdings, JMMB Group, Massy Holdings, NCB Financial Group, Scotiabank, Trading Activity, Trinidad & Tobago NGL, TTSE, Unilever Caribbean, West Indian Tobacco

TTSE lost grounds on Wednesday

January 22, 2020 by IC Insider.com

The Trinidad & Tobago Stock Exchange closed down on Wednesday as no stock gained while First Caribbean International Bank closed at a 52 weeks’ low.
The market closed with on Wednesday with only 11 securities trading, compared to 16 on Tuesday, with none gaining, two declining as the prices of nine closed unchanged.
The T&T Composite Index lost 1.82 points to close 1,487.29. The All T&T Index shed 2.02 points to 1,889.42, while the Cross Listed Index edged 0.22 points lower to close at 147.01.
Trading resulted in an exchange of a mere 36,138 shares, for a sum of $1,010,495 compared to 206,400 shares, amounting to $3,300,801 on Tuesday.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with the bids of eight stocks higher than their last selling prices and two with lower offers.
The market closed with no stock recording gains.
Losses| First Caribbean declined 5 cents and concluded at 52 weeks’ low of $7.85, with 328 units crossing the exchange and West Indian Tobacco ended trading 1 cent lower to settle at $41.19, with 100 stock units trading.
Firm Trades| Angostura Holdings settled at $16.17, with 1,188 units crossing the exchange, Clico Investments completed trading of 13,200 units at $28.12, First Citizens Bank ended at $45.25, with 5,080 stock units changing hands. Guardian Holdings closed at $21.99, with investors exchanging 1,000 shares, JMMB Group ended at $2.70, with 1,800 stock units changing hands, Massy Holdings completed trading at $62, with the swapping of 794 units. NCB Financial ended at $11.15 while trading 1,088 shares, Scotiabank finished trading at $62.00, with investors exchanging 949 shares Trinidad & Tobago NGL transferred 10,611 shares and closed at $23.