Slippage for Trinidad stocks

February 17, 2017 by

Republic Financial Holdings dropped $1.99 to $104 on Friday on the TTSE.

Trading on the Trinidad & Tobago Stock Exchange on Friday resulted 12 securities changing hands compared to 18 on Thursday with the indices mostly falling.
Market activity closed with 3 stocks advancing, 7 unchanged and 4 declining in an exchange of 195,248 shares valued at $3,655,973 compared to Thursday’s 371,489 shares valued at $2,456,056.
The Composite Index lost 2.06 points to end at 1,250.77, the All T&T Index declined 4.41 points to 1,829.67 and the Cross Listed Index added 0.04 points to 90.11 with year to date gains of 15.27 percent.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Clico Investment gained 1 cent to close at $22.51 trading 106,440 shares valued at $2,395,964, Trinidad Cement closed at $4.40, gaining 23 cents with 16,000 units changing hands and Trinidad & Tobago NGL climbed 25 cents to $23.25 with an exchange of 4,961 shares.
Losses| One Caribbean Media lost 4 cents to close at a new 52 weeks’ low of $19.45 with 250 units traded and Republic Financial Holdings closed at a 52 weeks’ low of $104, losing $1.99 trading a mere 100 shares.
Firm Trades| Angostura Holdings closed at $15 trading 20,948 units valued at $314,220, First Citizens remained at $32.49 with trades of 486 shares, First Caribbean International Bank traded 5,257 shares at $9.01, Massy Holdings exchanged 5,844 units at $53 valued at $309,732. National Commercial Bank was unchanged at $4 with 2,000 units changing hands, Sagicor Financial closed at $9.30 with an exchange of 31,795 units and Scotiabank closed at $58.75 with 1,167 shares changing hands.

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6 TTSE stocks rose 4 declined – Thursday

February 16, 2017 by

FirstCaribbean International Bank closed at a 52 weeks’ high on Thursday.

Market activity on the Trinidad & Tobago Stock Exchange on Thursday, resulted in an increase in active securities but with far less volume and value than on Wednesday.
At the close, all three indices headed higher as 18 securities were exchanged compared to 11 on Wednesday, the prices of 6 stocks advanced, 4 declined and 8 held firm in an exchange of 371,489 shares valued at $2,456,056 compared to Wednesday’s 723,552 shares valued at $21,761,282.
The Composite Index advanced 3.39 points to 1,252.83, the All T&T Index gained 1.87 points to 1,834.08 and the Cross Listed Index gained 0.67 points to 90.07 with year to date gains of 15.22 percent.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| First Caribbean International Bank closed at a 52 weeks’ high of $9.01 with gains of 16 cents and 20,130 units changing hands, Guardian Holdings closed 65 cents higher to a new 52 weeks’ high of $16, trading 56,711 shares, valued at $907,376, LJ Williams B share gained 4 cents to close at 75 cents with an exchange of 3,200 units. Scotia Investments closed at $2.20, gaining 1 cent with 7,146 units trading, Trinidad Cement added 1 cent to close at $4.17 with 300 units being exchanged and Trinidad & Tobago NGL closed with gains of 20 cents to $23 and 10,949 shares changing owners.
Losses| National Enterprises declined 10 cents, closing at $10.80 with an exchange of 4,843 shares, National Flour closed 7 cents lower to $2.60 with an exchange of 179,171 units valued at $465,165. Praetorian Property lost 5 cents to close at $2.85 with trades of 1,352 shares and Readymix closed at a 52 weeks low of $10.80, after losing 20 cents trading 1,500 units.
Firm Trades| Clico Investment was unchanged at $22.50 trading 1,786 units, First Citizens closed at $32.49 with trades of 150 shares, JMMB Group ended trading at $1.20 with an exchange of 2,565 units, National Commercial Bank remained at $4 with 65,000 units changing hands. Point Lisas traded 9,783 shares at $3.70, Prestige Holdings held firm at $10.99 trading 4,171 units, Scotiabank closed at $58.75 with 2,612 shares trading and West Indian Tobacco remained at $127 with 120 units changing hands.

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Advancing stocks edge decliners on TTSE

February 10, 2017 by

Guardian Holdings closed at a 52 weeks’ high of $15.

The Trinidad & Tobago Stock Exchange closed on Friday with 15 securities trading compared to 12 on Thursday.
The market’s activity resulted in 5 stocks advancing, 4 declining and 6 holding firm as 371,231 shares were exchanged at a value of $6,085,335 compared to Thursday’s 675,112 shares valued at $4,134,604.
The Composite Index climbed 1.60 points to 1,238.89 points, the All T&T Index advanced 3.00 points to 1,831.22 points and the Cross Listed Index added 0.02 points to 86.64.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 7 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Angostura Holdings gained 25 cents to close at $15 with 20,394 shares changing hands at a value of $305,910, Clico Investment added 5 cents and closed at $22.55 trading 237,147 units valued at $5,338,262, Guardian Holdings closed at a 52 weeks’ high of $15 with gains of 24 cents, exchanging 3,590 shares. National Enterprises gained 13 cents to close at $11 with 2,855 units exchanged and Trinidad Cement closed trading 1 cent higher to $4.16 with 4,454 shares changing owners.
Losses| Grace Kennedy lost 1 cent to close at $2.63 after trading 30,000 units, One Caribbean Media closed at a 52 weeks’ low of $19.50, losing 40 cents trading 250 shares, Republic Financial Holdings closed at a 52 weeks’ low of $106.69, losing 5 cents with 206 units traded and Scotiabank exchanged 174 units, closing 5 cents lower to $58.70.
Firm Trades| First Citizens closed trading at $32.50 with 50 units changing hands, First Caribbean International closed at $8.85 with trades of 100 shares, JMMB Group closed at $1.20 with an exchange of 1,000 units. Massy Holdings exchanged 758 units to close at $52, Sagicor Financial was unchanged at $9.30 with 3,253 shares changing hands and Scotia Investments held firm at $2.21 trading 67,000 units.

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Trinidad Stock Exchange inching higher

February 9, 2017 by

Sagicor Financial closed at a 52 weeks’ high of $9.30 on the TTSE on Thursday.

Market activity on the Trinidad & Tobago Stock Exchange rebounded with all three indices advancing with 12 securities changing hands compared to 7 on Wednesday with 6 stocks advancing, 4 declining and 2 remaining unchanged.
Trading closed on Thursday after 675,112 shares were exchanged at a value of $4,134,604 compared to only 152,664 shares valued at $2,299,065 traded on Wednesday.
The Composite Index climbed 6.74 points to 1,237.29, the All T&T Index advanced 3.99 points to 1,828.22, still leaving it slightly lower that at the close of 2016 and the Cross Listed Index gained 1.30 points to 88.62 and is up 10.81 percent for 2017.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 6 stocks with bids higher than last selling prices and 7 with lower offers.
Gains| First Citizens advanced 49 cents, closing at $32.50 with an exchange of 195 shares, First Caribbean International closed at a 52 weeks’ of $8.85, gaining 32 cents with 3,414 units changing hands, Guardian Holdings closed at a 52 weeks’ high of $14.76 with gains of 4 cents, trading 34,800 shares valued at $513,383. Massy Holdings gained 60 cents to close at $52 with 15,759 units being exchanged at a value of $819,389, Sagicor Financial closed at a 52 weeks’ high of $9.30, gaining 18 cents trading 193,132 shares at a value of $1,783,021 and Trinidad & Tobago NGL closed trading 10 cents higher to $22.75 with 3,408 shares changing hands.
Losses| Grace Kennedy lost 1 cent to close at $2.64 with 3,690 units exchanged, JMMB Group closed 5 cents lower to $1.20, trading 262,106 shares valued at $315,277, Unilever Caribbean dropped 50 cents to close at $58 with 54 units traded and West Indian Tobacco closed at $126.99, losing 1 cent with an exchange of 35 shares.
Firm Trades| Ansa McAL closed trading at $66.45 with 19 units changing hands and National Commercial Bank remained at $3.60 with an exchange of 158,500 shares valued at $570,869, the stock closed with buying of 20,000 units at $4, the equivalent of J$75, the stock closed in Jamaica at J$64 on Thursday.

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Sharp drop trading Trinidad stocks

January 30, 2017 by

Trading on the Trinidad & Tobago Stock Exchange on Monday resulted in sharp decline in the number of active securities and declines in the two main indices.
The market closed with 10 securities changing hands in contrast to 16 on Friday with 1 stock advancing, 2 declining and 7 unchanged. A total of 174,656 units valued at $3,712,321 traded compared to Friday’s trades of 662,006 shares valued at $5,506,299.
The Composite Index declined 2.06 points to 1,223.02, the All T&T Index dropped 4.14 points to 1,830.07 while the Cross Listed Index gained a mere 0.01 point to 82.44.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 10 stocks with bids higher than last selling prices and 8 with lower offers.
Gains| National Enterprises gained 8 cents to close at $10.85 with 7,540 units being exchanged, to be the sole stock rising.
Losses| First Citizens sustained a fall of 93 cents, closing at $34 with trades of 27,147 valued at $922,998 and Republic Financial Holdings lost 9 cents to close at $108.19 with 6,719 units exchanged for a value of $726,929.
Firm Trades| Clico Investment was unchanged at $22.52 with only 245 shares traded, Grace Kennedy closed at $2.68 with a mere 10 shares changing hands, Guardian Holdings closed at $13.31 with 5,600 units exchanged while Scotia Investments closed at $2.23 with 5,400 shares changing owners. Scotiabank held firm at $58.75, closing with 10,000 units traded at a value of $587,500, Trinidad & Tobago NGL remained at $21, after trading 48,309 shares valued at $1,014,499 and Trinidad Cement closed at $4.50 with 63,686 units transacted.

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6 stocks rise 6 fall on TTSE on Friday

January 27, 2017 by

The Trinidad & Tobago Stock Exchange closed on Friday with an increased number of 16 securities changing hands compared to 15 on Thursday. A total of 6 stocks advanced, 4 were unchanged and 6 declined as 662,006 units were exchanged, for $5,506,299 compared to 482,036 shares valued at $3,773,912 on Thursday.
The Composite Index advanced 1.17 points to 1,225.08, the All T & T Index gained 0.28 points to 1,834.21 and the Cross Listed Index also gained 0.28 points to 82.43.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 7 stocks with bids higher than last selling prices and 8 with lower offers.
Gains| Clico Investment closed 2 cents higher at $22.52, with 142,187 units traded at a value of $3,200,232, First Caribbean International gained 3 cents trading 31,963 units to close at a 52 weeks high of $8.53, Guardian Holdings exchanged 7,600 shares and gained 18 cents to end at $13.31. JMMB Group added 4 cents to close at a 52 weeks high of $1.20 with an exchange of 364,378 units valued at $437,724, Scotia Investments closed at $2.23, gaining 2 cents with 76,418 shares changing hands and Scotiabank gained 5 cents, in closing at $58.75 with 1,000 shares traded.
Losses| Massy Holdings closed at $51.40, losing 2 cents with only 75 units changing owners, National Commercial Bank was down 7 cents to $3.28 trading 1,000 shares and Point Lisas lost 5 cents to close at $3.70 with an exchange of 530 units. Republic Financial Holdings closed at $108.28, after falling 6 cents with 9,302 shares being exchanged at a value of $1,007,221, Trinidad Cement slid 5 cents to $4.50, with 18,402 shares traded and West Indian Tobacco exchanged 100 units to close at $127.
Firm Trades| Grace Kennedy closed at $2.68 with 100 shares traded, Prestige Holdings remained unchanged at $11 with 169 units changing hands, Sagicor Financial closed at $8.50 trading 2,582 shares and Trinidad & Tobago NGL held firm at $21 with an exchange of 6,200 units.

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Trinidad stocks drop 6% in 2016

December 30, 2016 by

Trinidad Cement closed at a 52 weeks’ high on Friday.

Trinidad based companies lost nearly 6 percent of their value in 2016 as the country’s economy faced challenges during the year based primarily on the fall in the price of oil which led to the shortage of foreign exchange and slippage in the value of the country’s currency.
While the values of the Trinidad based company declined that for the wider Caribbean grew by nearly 58 percent and resulted in the Composite index rising but by only 4 percent. The market closed the year on a positive note, with the IC bid-offer Indicator | showing the strongest reading for the last two trading days of the year with just 2 stocks closing with bids that were lower than their last sale price.
Trading on Friday resulted in 11 securities changing hands compared to 13 on Thursday. Market activity ended with 5 stocks rising, 1 declining and 5 holding firm, with 262,813 shares being traded valued at $6,001,767 compared to 155,564 shares being traded valued at $1,446,576 on Thursday.
The Composite Index rose 3.37 points to end the year at 1,209.53, the All T&T Index gained 1.35 points to 1,834.23 with a year to date loss at 6 percent. The Cross Listed Index rose 0.71 points at 78.17 points with year to date gains of 57.89 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 2 with lower offers.
Gains| Clico Investments Fund gained 1 cent in trading 665 units at $22.62, First Citizens Bank had 6,760 units trading with a gain of 25 cents to end at $35, JMMB Group traded 181,727 units to end at 90 cents with a 1 cent rise. National Commercial Bank added 6,999 shares to stocks that traded and gained 10 cents to close at $3 and Trinidad Cement traded 2,000 units with a rise of 5 cents to close at a 52 weeks’ high of $4.40.
Losses| Grace Kennedy traded 730 shares but lost 1 cent to close at $2.67
Firm Trades| Massy Holdings contributed just 12,350 shares with a value of $642,200 to end at $52, Readymix West Indies closed trading with 5,000 shares trading at $10.99. Republic Financial Holdings with a volume of 44,125 shares valued at $4,784,915 changing hands, closed at $108.44, Trinidad and Tobago NGL traded 1,909 shares at $21 and Unilever Caribbean ended with 548 units trading, to end at $59.84.

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6 stocks rise on TTSE – Wednesday

December 28, 2016 by

Sagicor Financial closed at a 52 weeks' high on Wednesday on the TTSE.

Sagicor Financial closed at a 52 weeks’ high on Wednesday on the TTSE.

Trading on the Trinidad & Tobago Stock Exchange on Wednesday resulted in 12 securities changing hands compared to 7 on Friday. Market activity ended with 6 stocks rising, 2 declining and 4 holding firm, with 318,033 shares being traded valued at $2,502,324 compared to 414,785 shares being traded valued at $1,433,699 on Friday.
The Composite Index rose 2.04 points to 1,206.16, the All T&T Index gained 1.11 points to 1,832.67 with a year to date loss at 5.94 percent. The Cross Listed Index advanced by 0.40 to end at 77.46 points with year to date gains of 56.45 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| Clico Investments Fund traded 2,000 units at $22.61 after adding 1 cent, First Citizens Bank had 5,214 units trading with a gain of 44 cents to end at $34.99, National Commercial Bank traded 145,444 units valued at $421,788 and gained 3 cents to end at $2.90. Sagicor Financial Corporation gained 7 cents to end at TTSE sum 28-12-16a 52 weeks’ high of $7.73 with 800 shares changing hands, Scotiabank gained 7 cents in trading 8,737 shares at $58.85 and Trinidad Cement traded 10,220 units with a rise of 10 cents to close at a 52 weeks’ high of $4.35.
Losses| Republic Financial Holdings with a volume of 8,193 shares valued at $888,448 being traded, closed with a loss of 1 cent at $108.44 and Trinidad and Tobago NGL fell 25 cents, in trading 6,476 shares at $21.
Firm Trades | Guardian Holdings traded 12,558 units to close at $12.65, JMMB Group traded 101,000 units to end at 89 cents, Massy Holdings contributed just 91 shares to end at $52 and LJ Williams ended with 17,300 B shares trading at 66 cents.

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2 stocks fell none rise on TTSE – Friday

December 23, 2016 by

TTSE build Trading on the Trinidad & Tobago Stock Exchange on Friday resulted in 7 securities changing hands compared to 9 on Thursday. Market activity ended with no stock rising, 3 declining and 5 holding firm, with 414,785 shares being traded valued at $1,433,699 compared to 435,352 shares being traded valued at $9,756,871 on Thursday.
The Composite Index fell 1.56 points to 1,204.12, the All T&T Index lost 2.09 points to 1,831.56 with a year to date loss at 6 percent. The Cross Listed Index declined by 0.14 to end at 77.06 points with year to date gains of 55.65 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 7 stocks with bids higher than last selling prices and 7 with lower offers.
TTSE sum 23-12-16 Losses| Angostura Holdings lost 50 cents with 36,443 shares valued at $546,651 closing at $15 and JMMB Group lost 3 cents in trading 353,350 units valued at $304,612 to end at 86 cents.
Firm Trades | FirstCaribbean International Bank ended with 3,500 shares being exchanged at $8.50, Guardian Holdings traded 3,782 units to close at $12.65, Massy Holdings contributed 9,199 shares valued at $478,348 to end at $52, National Commercial Bank traded 8,474 units at $2.87 and Scotiabank trades just 37 shares at $58.78.

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No trading in TCL that’s poised to rise

December 7, 2016 by

TCL 2 Market activity on the Trinidad & Tobago Stock Exchange on Wednesday resulted in 14 securities trading compared to 13 on Tuesday. Trinidad Cement with a bid by Cemex to acquire majority of shares at $4.50 did not trade and ended with 12,432 units on the bid at $4.07 and 127,363 units being offered at $4.50. Trading ended with 3 stocks advancing, 2 declining and 9 remaining unchanged.
The market closed with 361,588 shares trading with a value of $3,622,735 in contrast to Tuesday’s volume of 197,320 valued at $1,996,726.
The Composite Index declined 0.01 point to 1,206.02 points, the All T&T Index gained 0.14 points to 1,834.52 points, lowering its year to date loss to 5.85 percent. The Cross Listed Index lost 0.02 points to 77.17 points with year to date gains slipping to 55.87 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 7 stocks with bids higher than last selling prices and 10 with lower offers.
Gains| Clico Investment gained 5 cents to close at $22.60 with 75,378 shares changing hands at a value of $1,703,450, National Enterprises closed at $10.66, adding 1 cent with 500 shares trading and Scotia Investments closed at $1.83, a gain of 2 cents with 222 shares changing owners.
Losses| Ansa Merchant Bank closed at $40, a loss of 1 cent with 6,000 shares changing hands and Grace Kennedy was down 1 cent to $2.72 with 610 shares switching owners.
TTSE sum 7-12-16 Firm Trades| Angostura Holdings held firm at $15.50 as 75,000 shares changed hands with a value of $1,162,500, First Citizens Bank, with 4,975 shares being exchanged, closed at $34.93, and JMMB Group closed at 90 cents with 191,407 shares changing hands. Massy Holdings remained at $51 with 1,930 shares changing owners, National Commercial Bank closed trading at $2.87 and an exchange of 95 shares, National Flour Mills, with 2,151 shares switching owners, closed at $2.52. Prestige Holdings closed at $11 with an exchange of 181 shares, Sagicor Financial at $7.63 had 775 shares changing hands and Trinidad & Tobacco NGL closed at $22 with 2,364 shares changing owners.

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