TTSE makes modest gains

Trading on the Trinidad & Tobago Stock Exchange on Wednesday resulted in 17 securities changing hands compared to 12 on Tuesday, with 3 stocks advancing, 6 declining and 8 remaining unchanged.
The market closed with 288,058 shares traded at a value of $6,518,541 compared to Tuesday’s trades of 147,398 valued at $6,520,927.
The Composite Index advanced 0.89 points to 1,217.82, the All T&T Index added 0.48 points to 1,792.88 and the Cross Listed Index gained 0.18 points to 86.18 points.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 3 stocks with bids higher than last selling prices and 3 with lower offers.
Gains| First Caribbean International added 4 cents, closing at $8.05 in exchanging 20,000 shares, Massy Holdings gained 1 cent to close at $49 with 48,938 shares valued at $2,397,962 changing hands Prestige Holdings gained 2 cents and closed at $10.65, with 5,491 shares.
Losses| First Citizens lost 1 cent to close at $31.65 trading 14,496 shares valued at $458,860, L.J. Williams B fell 2 cents and closed at 78 cents, with an exchange of 2,700 shares and National Enterprises closed at $10.47 after falling 1 cent with 9,000 shares changing hands. National Flour Mills traded at a 52 weeks’ low of $2, with a loss of 10 cents in exchanging 32,260 shares, One Caribbean Media lost 5 cents to end at a 52 weeks’ low of $14.90, in trading 4,875 shares and Republic Financial Holdings lost 1 cent to $101.90 with 13,285 shares valued $1,353,748 trading.
Firm Trades| Angostura Holdings closed at $15.01, after trading earlier at $15.22, exchanging 40,258 shares valued at $612,548, Clico Investment traded 16,000 shares at $21.50 valued at $344,000, Grace Kennedy exchanged 4,975 shares at $2.85. Sagicor Financial held firm at $8.10 in exchanging 6,444 shares, Scotiabank traded 1,083 shares at $58. Trinidad Cement closed at $4.14, with 37,500 shares changing hands and Trinidad & Tobago NGLremained at $23.50 while trading 15,225 shares valued at $357,783.

Ansa McAl controls 85% of trading

Trading on the Trinidad & Tobago Stock Exchange on Tuesday saw Ansa McAL controlling 85 percent of the market’s value of trading, following on the heels of its acquisition of more than 80 percent of Berger Paints Trinidad and announced its intention to advise of an offer to shareholders by August 23.
The market closed with 12 securities changing hands compared to 16 on Monday with 5 stocks advancing, 2 declining and 5 remaining unchanged. A total of 147,398 shares traded, valued at $6,520,927 compared to Monday’s trades of 632,284 units valued at $6,004,307.
The Composite Index advanced 0.92 points to 1,216.93, the All T&T Index added 0.01 point to 1,792.40 and the Cross Listed Index gained 0.25 points to 86 points.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 3 stocks with bids higher than last selling prices and 3 with lower offers.
Gains| First Caribbean International Bank added 1 cent to close at $8.01 trading 1,000, First Citizens gained 1 cent, closing at $31.66 with 11,932 shares valued at $377,704 trading, NCB Financial Group closed at a 52 weeks’ high of $4.11, with gains of 3 cents in exchanging 3,983 shares. The banking group closed with the bid at $4.11 to purchase 84,567 shares and no stock being offered for sale. Point Lisas gained 1 cent to close at $3.88 trading 6,016 shares and Republic Financial Holdings closed at $101.91, with a 1 cent gain while exchanging 1,368 units.
Losses| Clico Investment traded 50 cents lower to a 52 weeks’ low of $21.50 with the exchange of 1,372 shares and Massy Holdings lost 1 cent to close at a 52 weeks’ low of $48.99, with 51 units.
Firm Trades| Ansa McAL closed at $66, with an exchange of 83,950 shares valued at $5,540,700, Sagicor Financial traded 3,950 shares at $8.10, Scotiabank exchanged 38 units at $58. Trinidad Cement closed at $4.14, with 22,914 shares changing hands and Trinidad & Tobago NGLremained at $23.50, with trades of 10,824 shares.

Gains & losses even on TTSE

Trading on the Trinidad & Tobago Stock Exchange on Monday resulted in 16 securities changing hands compared to 12 on Friday, with 3 stocks advancing, 3 stocks declining and 10 remaining unchanged.
The Composite Index climbed 6.11 points to 1,216.01, the All T&T Index gained 0.68 points to 1,792.39 and the Cross Listed Index rose 1.58 points to 85.95 points as 632,284 shares traded at a value of $6,004,307, compared to Friday’s trades of 352,038 valued at $6,187,818.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 4 with lower offers.
Gains| First Caribbean International advanced 33 cents to close at $8 exchanging 37,979 shares valued at $303,832, Guardian Holdings traded 20 cents higher, closing at $16.50 with 16,822 shares switching owners and Sagicor Financial closed at $8.10, with gains of 9 cents trading 3, 879 shares.
Losses| National Flour Mills lost 3 cents to close at a 52 weeks’ low of $2.10, with an exchange of 1,500 shares, Scotiabank fell 2 cents to $58 exchanging 147 units and Unilever Caribbean closed at a 52 weeks’ low of $51, losing 15 cents with 28 units.
Firm Trades| Angostura Holdings closed at $15.01 trading 40,342 shares valued at $605,535, Ansa McAL exchanged 94 units at $66, First Citizens traded 1,576 shares at $31.65, Grace Kennedy remained at $2.85 trading 148,644 shares valued at $423,635, JMMB Group closed at $1.18, with 210,970 shares changing hands. Massy Holdings held firm at $49, with 18,491 shares valued at $905,876, National Enterprises exchanged 41 units at $10.48, Prestige Holdings closed at $10.63 trading 313 shares, Scotia Investments traded 20,000 shares at $2.20 and Trinidad & Tobago NGLremained at $23.50, with 131,458 shares changing hands at a value of $3,089,450.

Republic biggest trade again on TTSE

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stock_exchangeboard4 Trading on the Trinidad & Tobago Stock Exchange on Thursday with Republic Bank trading more than $2 million worth of shares to be the dominant trade for the day. Elsewhere, market activity concluded with 9 securities trading, no stock traded higher, 1 declined and 8 remained unchanged as a total of 246,043 units traded, valued at $5,061,328.
At the close the Composite Index ending with a modest loss of 0.33 at 1,147.24, the All T&T Index lost 0.01 to 1,950.11 and the Cross Listed Index fell 0.09 to 45.18.
Losses| FirstCaribbean International Bank traded 85,000 shares with a value of $425,195 and closed at $5 after losing of 1 cent.
Firm Trades| with 53,946 shares valued at $755,244 changing hands, closed at $14, Clico Investment Fund with 42,080 shares changing hands valued at $947,217, to closed at $22.50. First Citizens Bank traded 3,801 shares to close at $35, TTSE sum Oct -15JMMB Group with 2,164 shares changing hands closed at 43 cents, Prestige Holdings with 35,360 units valued at $ 350,221 changing hands ended at $9.91, Republic Bank had 19,350 shares with a value of $2,168,320, changing hands at $112. Scotiabank traded 4,168 shares, valued at $ 260,500 to end at $62.50 and West Indian Tobacco closed trading with 164 shares changing hands to end with at $126.01.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than their last selling prices and 8 stocks with offers that were lower.

A big NCB sell off of US dollars

NCB Nkgn -2014 Jamaica’s National Commercial Bank bought US$4,366,621, at an average rate of J$112.31 to the USA dollar, on Friday, but sold US$17,178,604 at an average of J$112.66, the second time within a week, that the country’s dominant bank, was featuring heavily in the market. Last week Friday, National Commercial Bank bought US$20,408,481, at an average rate of $112.70 and sold only US$8,911,292 at $112.75. On Monday, this week Firstcaribbean Bank had a net sell off of US$6 million. The net sales come at a time when the beleaguered Jamaican dollar has been making slow gains, against the US dollar, having peaked at $112.87, on July 25.
FX sum 3-10-14In Friday’s forex trading, outflows exceeded inflows by nearly US$12 million. Authorized dealers purchased the equivalent of US$37,912,992 versus US$26,488,326 on Thursday, the equivalent of US$49,474,851 was sold compared with US$26,902,239 on Thursday.
In US dollar trading, dealers bought US$33,871,010 compared to US$22,597,931 on Thursday. The buying rate for the US dollar climbed 8 cents to $112.33 and US$46,851,454 was sold versus US$24,072,019 on Thursday, the selling rate inched down 1 cent to $112.64. The Canadian dollar buying rate, dropped $2.31 to $97.85 with dealers buying C$647,386 and selling C$431,934 at an average selling rate that rose 11 cents, to $100.80. The rate for buying the British Pound dropped 36 cents to $178.72, for the purchase of £1,641,087, while £971,922 was sold, at $180.17, down $1.69. Other currencies bought, amounted to the equivalent of US$867,036, while selling was for the equivalent of US$682,206.
FXHL 3-10-14Highs & Lows| The highest buying rate for the US dollar, closed with a loss of 15 cents at $112.80, the lowest buying rate was unchanged at $91.85, the highest selling rate rose $3.70 to $117.70 and the lowest selling rate fell back $16.34 to $93.66. The highest buying rate for the Canadian dollar fell 50 cents to $100.50, the lowest buying rate rose 30 cents to $80.10, the highest selling rate increased 46 cents to $103.50. The lowest selling rate dropped 15 cents to $96. The highest buying rate for the British Pound, dropped 25 cents to $182.05, the lowest buying rate fell 53 cents to $145.67. The highest selling rate jumped $2.58 to $188.48 and the lowest selling rate eased $3.40 to $174.60.

Trading picks up on TTSE, will it last?

Trading on the Trinidad Stock Exchange picked up on Thursday, with 18 securities changing hands of which 5 advanced, 4 declined and 9 traded firm. A total of 530,642 units changed hands, with a value of $11,604,991.
TTSE 4-9-14The Composite Index advanced by 4.05 points to close at 1,147.04, the All T&T Index fell by just 0.24 points to close at 1,981.65 and the Cross Listed Index increased by 1.12 points to end at 40.90.
Gains| Stocks increasing in price at the close are, Ansa Merchant Bank gaining 10 cents to close at $39.21, a new 52 weeks’ high, with 1,000 shares changing hands, Firstcaribbean International Bank gained 25 cents, to end at $5 while trading 1,000 shares, Guardian Media 15,706 shares, traded with a 1 cent gain to $19.76, a new 52 weeks’ high, Sagicor Financial Corporation traded 9,700 shares, to close with a gain of 1 cent at $6.25 and West Indian Tobacco with 4,000 shares with a value of $472,080, inched up a cent to $118.02.
Declines| The stocks declining at the end of trading are, Agostini’s with 377,511 units changing hands for a value of $6,512,065, fell 12 cents, to close at $17.25, Clico Investment Fund traded 9,294 shares valued at $204,454, but remained at $21.99 for a cent decline, Massy Holdings with 500 shares traded, lost 7 cents at $68.43 and Republic Bank with 300 shares, declined 3 cents to close at $121.79.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, ANSA McAL with 47,997 shares, traded for $3,179,801 to close at $66.25, First Citizens Bank with 1,289 units traded, closed at $35.95, Grace Kennedy contributed 28,534 shares with a value of $101,296 and ended at $3.55, Guardian Holdings added 15,864 shares valued at $214,323 as it closed at $13.51, National Commercial Bank traded 10,000 units at $1, National Enterprises with 500 shares, closed at $17.75, Prestige Holdings traded 1,857 shares at $9.40, Scotiabank with 590 units changing hands, closed at $61.99 and Unilever Caribbean with 5,000 shares with a value of $315,800, closed at $63.16.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bid higher than their last selling prices and 6 stocks with offers that were lower.

Scotiabank damages TTSE market

Trading on the Trinidad Stock Exchange on Wednesday, was moderate, with 13 securities changing hands of which none advanced, 4 declined and 9 traded firm. A total of 159,429 units changed hands, with valued at $2,111,145. There were three new 52 weeks lows, at the close of the market, and no new highs, as Scotiabank declined further by $1.41.
TTSe 2-9-14The Composite Index lost 6.94 points to close at 1,142.99, the All T&T Index fell by 5.17 points to close at 1,981.89 and the Cross Listed Index fell by 1.16 points to end at 39.78.
Gains| There was no stocks increasing in price, at the close of trading, on Wednesday.
Declines| The stocks declining at the end of trading are, Firstcaribbean International trading 3.950 units and lost 25 cents, to end at $4.75, a new 52 weeks low, while Guardian Holdings with 25,355 shares traded for $342,592, closed at $13.51, after shedding 24 cents, Sagicor Financial lost a cent, in closing at $6.24, in trading 1,000 shares, for a new 52 weeks low, Scotiabank traded 9,008 shares valued at $558,486, falling $1.41 to close at $61.99, a new 52 weeks low. The stock has been under selling pressure, since it released April mid-year results, showing a sharp fall in profit.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Ansa Mcal 200 units to close at $66.25, Clico Investment Fund with 30,013 shares valued at $660,286, to remain at $22, First Citizens Bank 8,846 shares to close at $35.95, Grace Kennedy with 1,466 shares, closed at $3.55, Jamaica Money Market Brokers lost a cent in ending at 45 cents, while trading 300 units, National Commercial Bank with 49,390 shares changing hands for a value of $49,390, closed at $1, National Enterprises with 5,106 shares, to close at $17.75, Prestige Holdings 1,667 shares traded to close at $9.40 and Scotia Investments contributed 23,128 shares with a value of $32,479, closed unchanged at $1.40.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bid higher than their last selling prices and 5 stocks with offers that were lower.

Moderate trading but TCL climbs again

Trading on the Trinidad Stock Exchange on Thursday was again moderate, with 11 securities changing hands of which 3 advanced, 3 declined and 5 traded firm, with 177,879 stocks changing hands, with a value of $3,864,481.
TTSE 21-8-14The Composite Index rose 0.78 points to close at 1,150.53, the All T&T Index gained 1.43 points to close at 1,985.25 and the Cross Listed Index increased by a mere 0.02 points, to end at 41.35.
Gains| Stocks increasing in price at the close are, First Citizens with 1,047 shares traded to close with a cent gain, at $35.54, Sagicor Financial gained 2 cents while trading 3,443 shares at $6.47 and Trinidad Cement gained 26 cents to end the day at $2.85 while trading 5,000 shares and is now a shade away for its 52 weeks high of $2.94 reached on August 30, last year.
Declines| The stocks declining at the end of trading are, Massy Holdings, contributing 27,118 shares with a value of $1,857,799 while losing 3 cents at $68.50, National Enterprises lost a cent, in trading 205 shares, to end at $17.78, Scotiabank traded only 15 shares and lost 10 cents, to close at $63.30, for another 52 weeks low. The stock remains weak at the end of trading, and seems likely to head lower, with little demand at current prices.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Angostura Holdings with a volume of 32,541 shares traded for $414,898, to close at $12.75, Clico Investment Fund with 26,824 shares valued at $590,128 at $22, Firstcaribbean International traded 5,500 shares at $5, Guardian Holdings with 63,892 shares changing hands, for a value of $878,613 to close at $13.75, while Scotia Investments added 12,294 shares, valued at $17,217 and closed at $1.40.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than the last selling price and one stock with the offer that is lower.

Scotiabank set for more fall on TTSE

Scotiabanklogobuilding280x150Scotiabank did not trade on Tuesday but seems set for a big drop when next it trades, unless someone intervenes at a higher price than the last. The stock closed with an offer to sell 280 shares at $66.99 well off the last selling price of $68.37.
The bank’s stock has been weak since they reported lower half year results, at the end of May.
Trading on the Trinidad stock market resulted in 13 securities changing hands of which 2 advanced, 3 declined and 8 traded firm, with 771,780 shares changing hands, with a value of $6,307,843.
The Composite Index rose 0.11 points to close at 1,164.86, the All T&T Index advanced by 0.48 points to close at 2,009.39 and the Cross Listed Index fell 0.03 points to 41.94.
Gains| Stocks increasing in price at the close are, First Citizens with 6,442 units and gained 8 cents to close at $35.40 and Unilever Caribbean gained 19 cents to end the day at $62.75 while trading just 25 shares, for a new 52 weeks high.TTSE sum 22-7-14
Declines| The stocks declining at the end of trading, are Clico Investment Fund with 58,100 shares valued at $1,260,075, the price fell by 1 cent to end at $21.68, Readymix (West Indies) lost 33 cents to close at $19 a new 52 weeks low, with only 50 units trading and Sagicor Financial that saw 15,299 shares changing hands, the price fell 4 cents to $6.70.
Firm Trades| Stocks closing with prices unchanged at the end of trading, are Ansa Mcal with 224 shares, closed at $66.30, Firstcaribbean International Bank contributed 24,121 shares with a value of $120,605, to close at $5, Guardian Holdings with 257,302 shares traded for $3,705,149, closed at $14.40, Massy Group traded 1,894 units to close at $69.40, National Enterprises with 15,355 units, ended at $18.24, National Flour Mills with 367,432 shares changing hands for a value of $367,432, closed at $1, followed by while Point Lisas Industrial Port Development that added 20,536 shares valued at $85,224, and closed at $4.15, Trinidad Cement traded 5,000 units to close at $1.95
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with bids higher than their last selling prices and 2 stocks with offers that were lower.

Scotiabank down again on TTSE

Scotiabanklogobuilding280x150Scotiabank closed lower by 4 cents to close at a 52 weeks low, in Monday’s trading levels on the Trinidad Stock Exchange while trading a small volume.
At the end of trading the offer was to sell 5,966 shares at $68.36 and buying at was for only 50 shares at $65. There was activity with 13 securities changing hands of which 2 advanced 4 declined and 7 traded firm with 103,932 stocks changing hands, with a value of $1,806,044.
The Composite Index lost 0.10 points to close at 1,164.75, the All T&T Index rose by just 0.13 points to close at 2,008.91 and the Cross Listed Index fell by a mere 0.05 points to end at 41.97.
Gains|Stocks increasing in price at the close are Ansa Merchant Bank traded 27 shares to close at $39.07, up a cent and First Citizens Bank added 4,045 shares valued at $142,865 and closed with a 2 cents gain to end the day at $35.32
TTSE 21-7-14Declines| The stocks declining at the end of trading are ANSA McAL closed trading at $66.29 after losing a cent with 1,500 units having changed hands, Clico Investment Fund traded 2,172 shares valued at $47,091 declined by 16 cents to end at $21.69, Massy Group with 60 shares traded, closed down a cent at $69.49 and Scotiabank traded 2,500 shares at $68.37 closed lower by 4 cents.
Firm Trades| Stocks closing with prices unchanged at the end of trading are Firstcaribbean International Bank traded 1,489 shares to close at $5 Guardian Holdings contributed 8,602 shares with a value of $123,869, Guardian Media with 58,437 shares changing hands for a value of $1,154,331 closed at $19.75, National Flour Mills with 3,000 shares changing hands closed $1, Sagicor Financial Corporation with 1,600 units closed at $6.74, Point Lisas Industrial Port Development traded 500 shares to close at $4.15 followed by Trinidad Cement with 20,000 shares being traded for $39,000, to close at $1.95.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bid higher than the last selling price and 3 stocks with offers that were lower.