Trading picked up on the Trinidad and Tobago Stock Exchange on Friday and ended with 15 securities trading of which 3 stocks closed higher, 3 declined and 9 remained unchanged as 344,076 shares changed hands for a value of $6,934,138.At the close, the Composite Index ending with a gain of 1.20 points at 1,153.65 the All T&T Index rose 0.05 points to 1,951.79 and the Cross Listed Index gained 0.32 at 46.69.
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 2 stocks with offers that were lower.
Gains| National Commercial Bank closed with a gain of 4 cents with 22,336 units trading at $1.80, Republic Bank gained 1 cent to land at $112, with 50 shares changing hands and Trinidad and Tobago NGL closed with a gain of 1 cent at $21.50 with 227,168 shares changing hands for a value of $4,883,947.
Declines| Agostini’s traded 15,000 shares at $18.10 after dropping 9 cents, Massy Holdings had 3,240 units changing hands at $61.99 after slipping 1 cent to end at a 52 weeks’ low and Trinidad Cement ended at a $4.01 with 500 shares changing hands as the price fell 1 cent.
Firm Trades| > Clico Investment Fund closed with 9,655 shares changing hands at $22.53, valued $217,527, First Citizens Bank traded 1,619 shares and closed at $35, FirstCaribbean International Bank traded 400 shares and closed at $5, Grace Kennedy traded 850 units at $3.60, Guardian Holdings with 2,900 shares changing hands and closed at $12.90. National Flour Mills traded 3,892 shares at $1.99, Point Lisas ended with 37,974 units changing hands at $3.95, Prestige Holdings traded 1,906 shares at $1.96 and Scotiabank closed with 16,586 shares valued at $1,036,625 changing hands at $62.50.
3 stocks up on TTSE 3 down
6 stocks rise 3 down on TTSE
At the close, the Composite Index ending with a gain of 3.41 points at 1,152.45, the All T&T Index rose 1.14 points to 1,951.74 and the Cross Listed Index rose 0.78 to 46.37 points.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than the last selling price and 5 stocks with offers that were lower.
Gains| Guardian Holdings gained 9 cents with 20,539 shares changing hands with a value of $264,903 and closed at $12.90, JMMB Group with 89,500 units changing hands and ended 3 cents higher at 53 cents. National Commercial Bank gained 9 cents while trading 2,584 shares at $1.76. Sagicor Financial Corporation closed with 16,500 shares changing hands at $5.78 with a gain of 3 cents. Trinidad Cement rose 13 cents to end at a 52 weeks’ closing high, of $4.02 with 872,000 shares changing hands, valued at $3,483,941 and West Indian Tobacco traded with a gain of 1 cent to end at $126.04 with 504 shares trading at a 52 weeks’ high.
Declines| ANSA McAL contributed 760 shares in trading, to close at $67.01, after falling 2 cents, Clico Investment Fund fell 1 cent with 53,440 shares changing hands valued at $1,204,279 and closed at $22.53 and Trinidad and Tobago NGL closed with a 1 cent decline to $21.49 with 35,227 shares changing hands for a value of $757,036.
Firm Trades|First Citizens Bank traded 440 shares and closed at $35, FirstCaribbean International Bank traded 1,108 shares and closed at $5, Grace Kennedy traded 312 units at $3.60, National Enterprises with 91 shares changing hands at $16.50. One Caribbean Media traded 450 shares at $22, Scotia Investments closed with 1,500 shares changing hands at $1.65, Scotiabank closed with 410 shares changing hands at $62.50 and Unilever Caribbean ended with 2,081 shares trading at $67.54.
6 stocks rise on TTSE none fell
At the close, the Composite Index ending with a gain of 0.27 points at 1,149.04 the All T&T Index rose 0.54 points to 1,950.60 and the Cross Listed Index remained at 45.59.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than the last selling price and 5 stocks with offers that were lower.
Gains| Clico Investment Fund gained 1 cent and closed with 918 shares changing hands at $22.54, National Flour Mills gained 1 cent in trading 800 shares at $1.99, Point Lisas ended with just 100 units changing hands at $3.95, to record a gain of 5 cents. Trinidad Cement ended at a 52 weeks’ closing high of $3.90 with 7,545 shares changing hands as price rose by of 9 cents, Unilever Caribbean ended with 436 shares trading with a gain of 13 cents up, for a new 52 weeks’ high of $67.54 and West Indian Tobacco traded with a gain of 1 cent to end at $126.03 with 405 shares trading at a 52 weeks’ high.
The rise of the price for Unilever comes against the back ground of continuing decline in sales and profit, for the year to date and the third quarter, with revenues of $139 million in the quarter versus $144 last year and for the nine months, $393 million down from $427 million. Profit fell from $13.9 million to $10.45 million for the third quarter and from $45 million for the 2014 nine months period, to $29 million for 2015.
Firm Trades| Agostini’s traded 900 shares at $18.19, Ansa Merchant Bank traded 134 shares at $38.95, First Citizens Bank traded 5,995 shares and closed at $35, Grace Kennedy traded 10,071 units at $3.60, Guardian Holdings with 2,715 shares changing hands and closed at $12.82. JMMB Group with 10,000 units changing hands ended at 50 cents, Massy Holdings had 261 units changing hands at $62, One Caribbean Media traded 50 shares at $22, Scotiabank closed with 15,992 shares valued at $999,499 changing hands at $62.50 and Trinidad and Tobago NGL closed at $21.50 with 83,720 shares changing hands for a value of $1,799,614.
5 stocks closed higher on TTSE
At the close, the Composite Index ending with a gain of 0.55 points at 1,148.77 the All T&T Index rose 0.09 points to 1,950.06 and the Cross Listed Index added 0.13 at 45.59.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 7 stocks with the bid higher than the last selling price and 3 stocks with offers that were lower.
Gains| Clico Investment Fund closed with a gain of 1 cent, a total of 1,825 shares changed hands, to end at $22.53, JMMB Group with 200,000 units changing hands ended at 50 cents to record a gain of 3 cents, National Flour Mills gained 1 cent in trading 500 shares at $1.98. Trinidad Cement ended at a 52 weeks’ closing high $3.81 with 5,000 shares changing hands with a rise of 1 cent and West Indian Tobacco traded with a gain of 1 cent to end at $126.02 with 404 shares trading at a 52 weeks’ high.
Declines| Republic Bank traded 5,840 shares valued at $654,023 to close at $112, with a fall of 1 cent.
Firm Trades| Angostura Holdings traded at $14 with 500 shares, First Citizens Bank traded 4,837 shares and closed at $35, Scotiabank closed with 27,646 shares for a value of $1,727,875 changing hands at $62.50 and Trinidad and Tobago NGL closed at $21.50 with 50,259 shares being traded for $1,080,569 trading.
2 stocks up 2 down on TTSE
At the close the Composite Index ending with a loss of 0.42 points at 1,148.22 the All T&T Index declined 0.83 points to 1,949.97 and the Cross Listed Index remained at 45.46.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 7 stocks with the bid higher than the last selling price and 3 stocks with offers that were lower.
Gains| Prestige Holdings with 17,000 units changing hands ended at $9.92 to record a gain of 2 cents and Trinidad Cement closed at $3.80 with 2,400 shares changing hands with a rise of 5 cents.
Declines| First Citizens Bank traded 2,140 shares and closed with a loss of 1 cent at $35 and Trinidad and Tobago NGL closed at $21.50 with 111,076 units valued at $2,387,860 trading after falling 50 cents, but had an offer at $21.50 to sell 1,058 units and a bid to buy 1,000 units at $21.
Firm Trades| Clico Investment Fund closed with 20,616 shares valued at $464,272, changing hands, to end at $22.52, Republic Bank traded 1,050 shares to close at $112, Scotiabank closed with 42,472 shares with a value of $2,654,500 changing hands, unchanged at $62.50 and Scotia Investments closed with 205,298 shares for a value of $338,742 changing hands at $1.65.
TTSE closes slightly lower
Trading remained subdued on the Trinidad and Tobago Stock Exchange on Thursday and ended with 8 securities trading. The market closed with 2 stock closing higher, 1 declining and 5 remaining unchanged as 147,366 shares changing hands for a value of $2,670,288.
At the close the Composite Index ending with a loss of 0.23 points at 1,148.64 the All T&T Index declined 0.46 points to 1,950.80 and the Cross Listed Index remained at 45.46.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 7 stocks with the bid higher than the last selling price and 4 stocks with offers that were lower.
Gains| Guardian Holdings closed with 10,910 shares changing hands, for 10 cents higher at $12.90 and Trinidad and Tobago NGL closed at $22 with only 107 units trading after rising by 1 cent but had an offer at $21.99 to sell 7,350 units.
Declines| Massy Holdings with a volume of 2,610 shares 39 cents in closing at $62.
Firm Trades| Angostura Holdings with 28,679 shares valued at $401,506 changing hands, closed at $14, Clico Investment Fund closed with 81,144 shares valued at $1,827,380, changing hands, to end at $22.52, First Citizens Bank traded 2,140 shares and closed at $35.01, National Enterprises traded 1,490 shares to close at $16.50 and National Flour Mills with 20,506 shares changing hands closed at $1.97.
Jam$ slips against all on Tuesday
In foreign exchange trading on Tuesday, the Jamaican dollar slipped in value against all the three major currencies it trades against. Inflows of foreign currencies into the system, fell well short of Monday’s intake. At the close of trading, the equivalent of US$34,196,386 was bought by dealers, compared with US$50,529,982 on Monday, while they sold the equivalent of US$38,695,199 versus US$49,583,967 previously.
In US dollar trading , dealers bought US$30,867,061 compared to US$46,701,326 on Monday. The buying rate for the US dollar fell 5 cents to $119.22 and US$36,880,303 was sold versus US$47,603,305 on Monday, the selling rate rose 5 cents to end at $119.86. The Canadian dollar buying rate gained 39 cents to $88.43, with dealers buying C$1,684,103 and selling C$837,928, at an average rate that rose 16 cents to $89.82. The rate for buying the British Pound slipped 55 cents to $180.64 for the purchase of £1,260,568, while £695,860 was sold, at an average rate that climbed 72 cents to $183.03. At the end of trading, it took J$132.20 to purchase the Euro, a fall of 18 cents from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$129.63 for a decline of 20 cents from Monday’s rate. The US dollar equivalent of other currencies traded, amounts to US$170,161 being bought, while US$124,382 was sold.
Highs & Lows| On Tuesday, the highest buying rate for the US dollar, rose 1 cents to $120.11, the lowest buying rate rose 75 cents to $98.36, the highest selling rate rose $1.12 to end at $126.10 and lowest selling rate gained 9 cents to end at $98.37. The highest buying rate for the Canadian dollar climbed 60 cents to $91.70, the lowest buying rate rose 41 cents to end at $72.79, the highest selling rate dropped $4.71 to end at $94.05 and the lowest selling rate gained 50 cents to end at $87. The highest buying rate for the British Pound, fell 50 cents to end at $184.50. The lowest buying rate climbed $2.61 to $148.16, the highest selling rate climbed $1.85 to $190.99 and the lowest selling rate rose 50 cents to $177.50.
TCL closes at another high on TTSE
Trading picked up on the Trinidad and Tobago Stock Exchange on Tuesday and ended with 16 securities trading with IC BUY RATED Trinidad Cement jumping to a high for the day at $3.91but closing lower but at a new closing 52 weeks high. Investors are reacting positively to the company’s most recent results showing a big increase in profits. (See story on IC Insider.com). The market ended with 5 stocks closing higher, 2 declining and 9 remaining unchanged as 96,815 shares changing hands for a value of $2,116,596. Two stocks closed at new 52 weeks’ high.
At the close the Composite Index ending with a gain of 0.96 points at 1,150.03 the All T&T Index advanced by 1.90 points to 1,953.56 and the Cross Listed Index rose 0.04 points to 45.46.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than the last selling price and 3 stocks with offers that were lower.
Gains| First Citizens Bank traded 2,787 shares and closed at $35.01, having gained 1 cent, Clico Investment Fund gained 1 cent and closed with 1,000 shares, changing hands, to end at $22.52, Guardian Holdings closed with 1,530 shares changing hands, at $12.80, to gain 1 cent. Praetorian Property Mutual Fund traded 2,000 shares and advanced by 1 cent to end at $3.07 and Trinidad Cement closed 15 cents higher at a new closing 52 weeks’ high of $3.75, after trading as high as $3.91 with 37,102 shares changing hands.
Declines| Massy Holdings fell 1 cent in trading to close at $62.39 with 350 units and Republic Bank traded 5,839 shares and lost 1 cent to close at $119.99 to a new 52 weeks’ low.
Firm Trades| Agostini’s closed at $18.19 with 19,000 shares being traded for $345,610, Angostura Holdings ended with 1,851 shares changing hands and closed at $14. FirstCaribbean International Bank traded 985 shares and ended at $5, Guardian Holdings closed with 1,530 shares changing hands at $12.80. National Flour Mills with 4,100 shares changing hands closed at $1.97, National Enterprises with 590 shares changing hands, closed at $16.50, One Caribbean Media traded 3,600 shares at $22, Point Lisas traded 1,500 shares to close at $3.90 and Scotiabank closed with 9,776 shares changing hands ended at $62.50.
TCL closes at new high on TTSE
Trading fell back to levels more in line with what has been happing in the market for most of 2015 on the Trinidad and Tobago Stock Exchange on Monday and ended with 9 securities trading. 3 stocks closing higher, 2 declining and 12 remaining unchanged as 511,994 shares changing hands for a value of $7,109,116. Two stocks closed at new 52 weeks’ high.
At the close the Composite Index ending with a gain of 0.16 points at 1,149.07 the All T&T Index advanced by 0.06 points to 1,951.66 and the Cross Listed Index rose 0.04 points to 45.46.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than the last selling price and 3 stocks with offers that were lower.
Gains| Scotia Investments had 19,300 units trading higher by 4 cents to close at $1.65, Trinidad Cement closed 10 cents higher at a new 52 weeks’ high of $3.60, with 14,171 shares changing hands and Unilever Caribbean ended with 500 shares trading 1 cent up, for a new 52 weeks’ high of $67.41.
Declines| Trinidad and Tobago NGL slipped 20 cents in trading to close at $22.74 with 13,557 units. The stock remains under pressure with the bid on the stock closing at $22 to buy 293 shares with 89,620 units on offer at $22.75.
Firm Trades| Ansa McAl with 21 shares changing hands closed at $67.03. Clico Investment Fund closed with 276,408 shares valued at $6,223,560, changing hands to end at $22.51, First Citizens Bank traded 2,031 shares and closed at $35. Guardian Holdings closed with 1,530 shares changing hands at $12.80, National Flour Mills with 185,806 shares valued at $366,038 changing hands for a value of $887,000, fell 4 cents in closing at $1.96 and Republic Bank traded 200 shares and closed at $112.
National Gas dips again on TTSE
Activity on the Stock Exchange, ended with 10 securities trading with 3 stocks closing higher, 1 declined and 6 remained unchanged as a total of 149,046 units, valued at $$1,812,299 changed hands.
At the close the Composite Index ending with a gain of 0.06 points at 1,147.93, the All T&T Index advanced by 0.13 points to 1,950.97 and the Cross Listed Index remained at 45.24.
Gains| Clico Investment Fund closed 1 cent higher with 8,330 shares to end trading at $22.51, National Flour Mills with 8,078 shares trading, gained 4 cents in closing at $2 and Trinidad Cement closed 1 cent higher at a 52 weeks’ high of $3.41 with 445 shares changing hands.
Firm Trades| First Citizens Bank traded 7,811 shares and closed at $35, Guardian Holdings closed with 20 shares changing hands at $12.80, National Enterprises with 11,402 shares changing hands, closed at $16.50, Republic Bank traded 9,936 shares valued at $ 1,112,832 and closed at $112. Sagicor Financial Corporation closed with 50 shares changing hands at $5.75 and Scotiabank traded 21,041 shares for a value of $1,315,062 and closed at $62.50.
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 4 stocks with offers that were lower.