Five days of gains for TTSE – Friday

November 8, 2019 by

Trinidad & Tobago Stock Exchange rose on Friday for the fifth day in a row, with 17 securities changing hands, up from 15 securities on Thursday as trading ended with 8 stocks rising, 2 declining and 7 remaining unchanged.
At the close, the Composite Index gained 3.30 points to 1,415.63. The All T&T Index rose 5.53 points to 1,764.79, while the Cross Listed Index added 0.14 points to close at 144.56.
Trading ended with 389,919 shares trading for $7,052,818, compared to 235,934 shares for $1,468,834 on Thursday.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended at 5 stocks with bids lower than their last selling prices and 3 with lower offers.
Gains| Grace Kennedy rose 4 cents and closed at $3.48, with investors exchanging 1,700 shares, Massy Holdings increased by 1 cent and completed trading of 33 units at $56.06, National Enterprises gained 6 cents and ended at $5.76, in swapping 52 shares. Prestige Holdings finished trading with a rise of 4 cents and settled at $8.10, with 70 units crossing the exchange, Republic Financial gained $2 to end at $125, with 2,218 units changing hands, Scotiabank added 1 cent and settled at $59.47, after trading 210 shares. West Indian Tobacco lost 1 cent to $102.28, with an exchange of 10 units and Unilever Caribbean added 50 cents to settle at $24, with 100 units crossing the exchange.
Losses| First Citizens Bank fell 50 cents and settled at $41, with investors exchanging 273 shares and Trinidad & Tobago NGL lost 20 cents in exchanging 111,705 shares to close at $25.50.
Firm Traded| Clico Investment Fund ended at $24.07, with investors swapping 71,642 shares, First Caribbean International Bank traded 1,000 shares at $8.99, Guardian Holdings exchanged 2,000 shares to end at $18.50. National Flour completed trading at $1.49, with 1,000 stock units changing hands, NCB Financial settled at $10.75, with 194,074 units crossing the exchange, Sagicor Financial ended at $10.68, with 3,551 units changing hands and Trinidad Cement ended at $1.95 with investors switching ownership of 281 shares.

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

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , , , ,

JSE main market drops

November 7, 2019 by

The main market of the Jamaica Stock Exchange lost ground for a second day as the value of stocks traded plunged to just $50 million, significantly below the previous day’s level.
The JSE All Jamaican Composite Index declined 1,404.63 points to close at 541,925.37, the JSE Index slipped 1,247.57 points to 493,541.80 and the JSE Financial Index dipped 1.17 points to close at 133.30.
The market closed with 36 securities changing hands in the main and US dollar markets with 12 rising, 13 declining and 11 trading firm. Main market activity ended with 33 securities accounting for 13,816,242 units valued at $50,442,551 in contrast to 10,781,818 units valued at $130,615,509 on Wednesday from 35 securities.
Sagicor Select Funds dominated trading with 9.8 million shares for 71 percent of total volume, followed by Wigton Windfarm with 2.2 million units accounting for 16 percent of the day’s trade and QWI Investments with 596,392 shares for 4 percent of the market’s volume.
The market closed with an average of 418,674 units at $1,528,562 for each security traded, in contrast to 308,052 units valued at an average of $3,731.872 on Wednesday. The average volume and value for the month to date amounts to 361,820 units valued at $3,292,259 and previously, an average of 348,700 units for $3,699,266 for each security changing hands. The market closed out October with an average of 957,488 units valued at $13,947,047 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 14 stocks ending with bids higher than their last selling prices and 2 with lower offers. The PE ratio of the market ended at 17, with the main market ending at 17.8 times 2019 current year’s earnings.
In main market activity, Barita Investments lost $1.50 to close at $69 after exchanging 31,066 shares, Berger Paints gained 89 cents with 560 units changing hands to end at $18, Caribbean Cement climbed $3.50 and settling at $78.50 with 7,744 shares changing hands. Carreras lost 35 cents to close at $8.45, in swapping 42,330 shares, Eppley Caribbean Property Fund closed at $35.13, after gaining 63 cents and trading 1,080 stock units, Jamaica Broilers lost $1.62 with an exchange of 5,714 shares to end at $35. Jamaica Producers closed $1.85 lower at $22, with 1,471 units changing hands, JMMB Group rose $2.01 to $42.01 with 10,947 shares crossing the exchange, Mayberry Investments lost 80 cents to close at $7.20 trading 7,600 shares, Mayberry Equities dropped 79 cents lower to $10, in swapping 710 units. Scotia Group dived $4.50 in exchanging 61,697 shares, to end at $53.50, Seprod closed $2.49 lower to settle at $52.51 with 5,802 units traded, Supreme Ventures lost 49 cents to close at $25.50, with 85,262 shares changing hands and Wisynco ended at $24, after rising 35 cents with 130,458 shares crossing the exchange.
Trading in the US dollar market closed with 755,660 units valued at US$196,773, with the market losing 0.45 points to end at 193.62. Proven Investments lost a fraction of a cent trading 750,000 units to close at 26 US cents, Sygnus Credit Investments exchanged 4,900 units at 14 US cents and JMMB Group 6% preference share closed at US$1.01 with 760 units changing hands.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Modest fall for JSE majors

November 6, 2019 by

The main market of the Jamaica Stock Exchange slid modestly on Wednesday, as trading levels compared well to those on Tuesday.
The market closed with 36 securities changing hands in the main and US dollar markets with the prices of 9 advancing, 19 declining and 5 trading firm. Main market activity ended with 35 securities accounting for 10,781,818 units changing hands valued $130,615,509, in contrast to 8,271,382 units changing hands valued at $138,889,143 on Tuesday from 32 securities.
At the end of market activities, the JSE All Jamaican Composite Index declined 243.30 points to close at 543,330.00, the JSE Index dipped 174.77 points to close at 494,789.37 and the JSE Financial Index advanced by 0.37 points to 134.47.
Sagicor Select Funds dominated trading with 3.4 million shares for 31.5 percent of total volume, followed by Wigton Windfarm with 3.1 million units accounting for 29 percent of the day’s trade. Wisynco Group with increased buying interest since releasing first-quarter results to September traded 1.66 shares for 15 percent of the market’s volume.
Trading levels continue well below October levels, with an average of 308,052 units valued at an average of $3,731,872 for each security traded on Tuesday, in contrast to 258,481 units for an average of $4,340,286 on Wednesday. The average volume and value for the month to date amounts to 348,700 units at $3,699,266 and previously, of 361,874 units at $3,688,699 for each security changing hands. The market closed out October with an average of 957,488 units valued at $13,947,047 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 15 stocks ending with bids higher than their last selling prices and 2 with lower offers. The PE ratio of the market ended at 17.1, with the leading market ending at 17.9 times 2019 current year’s earnings.
In main market activity, Barita Investments lost 98 cents to close at $70.50 after exchanging 14,342 shares, Jamaica Broilers traded 8,560 stock units and rose $2.62 to settle at $36.62, Jamaica Producers closed at $23.85, after gaining $1.90 in the swapping of 721,500 units. JMMB Group closed $1 lower to $40, with 6,664 stock units changing hands, Mayberry Investments lost 84 cents in trading 11,400 stock units to end at $8, MPC Caribbean Clean Energy dropped $5 to close at $255 after exchanging 664 shares. NCB Financial rose by $1 to end at $205 after the swapping of 124,823 shares, Panjam Investment climbed by $5.30 to settle at $102.75 trading 188,775 stocks units, Portland JSX Fund lost 90 cents in trading 45,500 shares to close at $8.10, Scotia Group climbed $1.89 trading 67,916 shares, to end at $58. Supreme Ventures added 99 cents to close at $25.99 with 51,718 shares changing hands, Victoria Mutual Investments gained 34 cents to $7.85 while exchanging 158,812 stock units and Wisynco Group gained 65 cents, in swapping 1,657,038 shares to close at $23.65.
Trading in the US dollar market ended with just 1,237 units valued at US$173 with the market index remaining at 194.07 as Sygnus Credit Investments, the sole traded stock, closed unchanged at 14 US cents.

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Falling prices dominate JSE trading

November 5, 2019 by

Falling prices dominated trading on the main market of the Jamaica Stock Exchange slid on Tuesday, as trading volume fell significantly while the value of stocks traded, rose marginally, compared to Monday’s activity.
Trading closed with 33 securities changing hands in the main and US dollar markets with the prices of 9 advancing, 20 declining and 4 trading firm. Main market activity ended with 32 securities accounting for 8,271,382 units changing hands valued at $138,889,143, in contrast to 19,703,423 units valued at $146,119,200 on Monday from 38 securities.
At the close of trading, the JSE All Jamaican Composite Index declined 2,084.95 points to close at 543,573.30, the JSE Index dipped 1,975.07 points to 494,964.14 and the JSE Financial Index slipped 0.81 points to close at 134.10.
Wigton Windfarm dominated trading with 2.3 million shares for 28 percent of total volume, followed by Sagicor Select Funds with 2.2 million units accounting for 26 percent of the day’s trade and PanJam Investment with 806,619 shares for 10 percent of the market’s trade.
Trading levels declined sharply to about a third of levels in October with an average of 258,481 units valued at an average of $4,340,286 for each security trading on Tuesday, in contrast to 518,511 units valued at an average of $3,845,242 on Monday. The average volume and value for the month to date amounts to 361,874 units at $3,688,699 and previously, an average of 405,407 units valued at $3,414,347 for each security changing hands. The market closed out October with an average of 957,488 units valued at $13,947,047 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 10 stocks ending with bids higher than their last selling prices and 5 with lower offers. The PE ratio of the market ended at 17.1 with the main market ending at 17.9 times 2019 current year’s earnings.
In main market activity, Barita Investments climbed $1.28 to close at $71.48 after exchanging 61,100 shares, Caribbean Cement traded 30,053 stock units and slid $2.50 to settle at $75, Eppley Caribbean Property Fund closed at $34.50, after losing 50 cents in swapping 2,780 units. Grace Kennedy gained $1.49 to end at $67.49, with 2,517 shares crossing the exchange, JMMB Group closed $1 lower to $41, with 15,140 stock units changing hands, Kingston Wharves rose to $57 with a gain of $3 while exchanging 16,926 shares. Mayberry Investments closed $1.62 higher at $8.84 trading 1,200 stock units, NCB Financial ended at $204 after losing $1 in swapping 59,120 shares, Pulse Investments closed at $4.65, after climbing 75 cents with 37,707 units traded. Sagicor Real Estate Fund lost 50 cents, to settle at $11 swapping 17,900 shares, Salada Foods lost $2 exchanging 4,418 stock units to end at $30, Scotia Group dropped $2.88 trading 31,860 shares, to end at $56.11, Seprod added 40 cents to settle at $55 with 6,589 units traded. Supreme Ventures lost 99 cents to close at $25 with 18,415 shares changing hands, VM Investments fell 37 cents to $7.51 while exchanging 128,063 stock units and Wisynco Group slipped $1, in swapping 267,872 shares to close at $23.
Trading in the US dollar market ended with 7,000 units valued at US$980 with the market index remaining at 194.07 as Sygnus Credit Investments, the sole trade exchanged 7,000 units at 14 US cents.

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Modest gains for TTSE – Tuesday

November 5, 2019 by

TCL traded at 52 weeks’ low on TTSE.

Trinidad & Tobago Stock Exchange market closed slightly up on Tuesday with 12 securities trading against 13 on Monday as the market ended with 5 stocks rising, 3 declining and 4 remaining unchanged.
At the close of the market, the Composite Index gained 1.18 points to 1,400.73. The All T&T Index fell 0.95 points to 1,753.53, while the Cross Listed Index rose 0.46 points to close at 142.01.
Trading ended with 669,242 shares for $10,153,920, compared to 290,349 shares valued $7,081,786 shares on Monday.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended at 8 stocks with bids lower than their last selling prices and 3 with lower offers.
Gains| Clico Investments Fund gained 3 cents and ended at $24.06, after exchanging 232 shares, First Citizens Bank finished trading of 56 stock units with a rise of 7 cents to end at $40.90, Grace Kennedy closed with a increase of 8 cents and ended at $3.44, with investors exchanging 315 shares. Guardian Holdings finished trading after an increase by 1 cent at $18.36, with 515,944 stock units changing hands and JMMB Group added 5 cents and settled at $2, with 10,312 units crossing the exchange.
Losses| Scotiabank fell 27 cents and concluded at $59.19, with 2,050 units, Trinidad & Tobago NGL lost 4 cents in exchanging 277 shares to close at $25.71 and Trinidad Cement closed with a loss of 5 cents and ended at 52 weeks’ low of $1.95, with 10,000 units crossing the exchange.
Firm Trades| Ansa Merchant Bank closed at $35.75 in swapping of 1,056 shares, National Flour settled at $1.49, swapping of 3,000 shares, Point Lisas settled at $3.60, after exchanging 125,000 shares and Sagicor Financial settled at $10.61, with 1,000 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: , , , , , , , , , , , , , , , ,

Big gains for JSE main market

November 4, 2019 by

Proven Investments closed at a record high on the JSE main market.

Stocks continue to rebound on the Jamaica Stock Exchange on Monday with a four-digit rise in the market index as trading volume rose 77 percent, with 39 securities traded with 15 advancing, 12 declining and 12 trading firm in the US dollar and main markets.
After falling moderately on Friday the market made strong gains on Monday as the JSE All Jamaican Composite Index climbed 2,578.73 points to close at 545,658.25, the JSE Index advanced 2,362.71 points to 496,939.21 and the JSE Financial Index gained 0.50 points to close at 134.91.
Main market activity, closed with 38 securities trading, leading to 19,703,423 units valued at $146,119,200 crossing the exchange, in contrast to 11,107,535 units valued at $113,371,137 on Friday also with 38 securities trading.
Sagicor Select Funds dominated trading with 12.7 million shares for 64 percent of total volume, followed by Wisynco Group with 2.5 million units accounting for 13 percent of the day’s trade following the release of a 53 percent rise in September quarter profit and Wigton Windfarm with 2.24 million shares for 11 percent of the market’s trade. Also trading more than 1 million shares was QWI Investments with 1.1 million units. Proven Investments closed at a 52 weeks’ high while MPC Clean Energy hit a record high of $275 but close back at Fridays’ close of $260.
The market closed with an average of 518,511 units valued at an average of $3,845,242 for each security traded, in contrast to 292,304 units valued at an average of $2,983,451 on Friday. The average volume and value for the month to date amounts to 405,407 units valued at $3,414,347 for each security changing hands. The market closed out October with an average of 957,488 units valued at $13,947,047 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 10 stocks ended with bids higher than their last selling prices and 5 with lower offers. The PE ratio of the market ended at 17.1 with the main market ending at 17.9 times 2019 current year’s earnings.
In main market activity, Barita Investments lost 30 cents to close at $70.20 trading 63,281 shares, Berger Paints ended at $17.11, after losing 46 cents in exchanging 4,690 shares, following a release from the company that they changed general manager at the end of October. Caribbean Cement gained 50 cents to settle at $77.50, with 548,786 shares changing hands, Carreras closed 70 cents higher to $8.60, trading 6,050 shares, Eppley Caribbean Property Fund settled at $35, after gaining $1 in swapping just 100 units. Eppley climbed $1.50 to close at $16, in trading 500 shares, Jamaica Producers slid $2, ending at $22 with an exchange of 15,100 shares, Jamaica Stock Exchange gained 90 cents to close at $30, with 5,509 shares crossing the exchange. JMMB Group closed 70 cents lower at $42 after trading 16,521 shares, Kingston Wharves lost $1.40 to close at $60, with 1,400 shares changing hands, PanJam Investment closed at $97.50, after losing 50 cents with 140 shares traded, Portland JSX gained 50 cents, ending at $9 after swapping 200 units. Proven Investments jumped $2 in trading 621 shares to end at a 52 weeks’ high of $47, Pulse Investments lost 50 cents exchanging 52,397 shares and closed at $3.90, Seprod climbed $2.10 to $54.60 with 5,558 units traded and Wisynco Group added 50 cents, in swapping 2,511,617 shares to close at $24 following release of very positive quarterly results last week.
Trading in the US dollar market ended with 751,000 units valued US$196,441 with the market index losing 8.72 points to close at 194.07 as Proven Investments, the sole trade, lost 1 US cent to close at 26.01 US cents after slipping 1 cent.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Mild pull back for TTSE – Monday

November 4, 2019 by

Trinidad & Tobago Stock Exchange market closed mixed on Monday with 13 securities being active against 16 on Friday as the market ended with 3 stocks rising, 6 declining and 4 remaining unchanged.
At the close of the market, the Composite Index inched 0.13 points to 1,399.55. The All T&T Index added 0.34 points to 1,754.48, while the Cross Listed Index shed 0.01 point to close at 141.55.
Trading ended with 290,349 shares valued $7,081,786, compared to 68,899 shares valued $1,404,017 shares on Friday.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended at 10 stocks with bids lower than their last selling prices and 1 with a lower offer.
Gains| NCB Financial rose 5 cents and closed at $10.71, with investors exchanging 1,000 shares, One Caribbean Media gained 1 cent and ended at $10, with 10,000 units crossing the exchange and Trinidad & Tobago NGL rose 9 cents in exchanging 2,763 shares to close at $25.75.
Losses| Clico Investments Fund shed 7 cents and settled at $24.03, with 131,840 stock units trading, First Citizens Bank dropped 16 cents and completed trading at $40.83, with 5,273 stock units trading, JMMB Group declined 5 cents to end at $1.95, after swapping 20,000 shares. Republic Financial fell 32 cents and settled at $122.93, trading 18,858 shares, Sagicor Financial closed with a loss of 7 cents and ended at $10.61, with investors exchanging 528 shares and Scotiabank shed 1 cent and completed trading of 12,450 units at $59.46.
Firm Trades| Grace Kennedy settled at $3.36, swapping of 80,000 shares, Guardian Holdings ended at $18.35, after exchanging 6,605 shares, National Enterprises concluded trading at $5.70, with 82 stock units changing hands and Unilever Caribbean completed trading at $23.50, after exchanging 950 shares.

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

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , ,

Main Event leaps into IC TOP 10

November 4, 2019 by

Main Event revenues growing nicely profit stalls.

Overall price movement on the Jamaica Stock Exchange was steadier ahead of the month-end but some stocks recorded notable price movements as the JMMB Group APO remained opened.
Main Event shot into the Junior Market TOP 10 list this week in the number 3 position with a switch to earnings for 2020 fiscal year. The company came under selling pressure recently with profit declining in the July quarter although revenues climbed a strong 29 percent over the outturn for the similar quarter in 2018. The company managed to record a modest increase in its nine months profit with earnings per share of 36 cents. If the growth in revenues maintains the trend for 2019 in 2020 and management controls cost that was out of line in 2019, then the company should go on to record a strong increase in profit in the 2020 fiscal year that starts this month.
Honey Bun returns to the Junior Market TOP 10 stocks while Caribbean Flavours and Access Financial with an earnings downgrade, following release of the six months results, are out of the IC TOP 10. Over in the main market, Eppley moved in at the expense of Scotia Group with the price climbing to $58.99 on Friday.
The top three Junior Market stocks, continue to be led by Caribbean Producers with projected gains of 237 percent, followed by Iron Rock Insurance with potential gains of 233 percent followed by Main Event with 226 percent.
Radio Jamaica remains the lead stock with projected gains of 176 percent, followed by Carreras in the number two spot with likely gains of 128 percent and Jamaica Broilers with projected growth of 107 percent is next.
The main market, closed the week with the overall PE of 17.8, up from 17.2 and the Junior Market at 12.1 from 11.8, based on current year’s earnings. The PE ratio for Junior Market Top 10 stocks averages 7.8 with the main market PE at 10.7 from 10.8 for the previous week.
The TOP 10 stocks now trade at a discount of 37 percent to the average for Junior Market stocks and main market stocks trade at a discount of 38 percent to the overall market.
IC TOP 10 stocks are likely to deliver the best returns to March next year. Projected earnings, along with the PE ratio for each company’s current fiscal year are used in determining potential gains with the likely gains ranked in descending order with highest-ranked being the most attractive. Potential values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis as new information is received that can result in changes in and out of the list.

This report is compiled by persons who may have an interest in the securities commented on.

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Soft November start for JSE main market

November 1, 2019 by

The main market of the Jamaica Stock Exchange opened November with the major indices falling marginally as declining stocks beat out rising ones.
At the close, the JSE All Jamaican Composite Index declined 674.79 points to close at 543,079.52; the JSE Index lost 611.43 points to 494,576.50 and the JSE Financial Index was down 0.15 points to close at 134.41.
Trading closed with 40 securities changing hands in the main and US dollar markets with 12 advancing, 18 declining and 10 traded firm. Main market activity ended with 38 securities trading 11,107,535 units valued at $113,371,137, in contrast to 38,125,741 units valued at $101,388,568 on Thursday with 40 securities trading.
Sagicor Select Funds dominated trading with 3.8 million shares for 34 percent of total volume, followed by Wigton Windfarm with 3.1 million units accounting for 28 percent of the day’s trade and Wisynco with 816,449 shares for 7 percent of the market’s trade.
The market closed with an average of 292,304 units valued at $2,983,451 for each security traded, in contrast to 953,144 units valued at an average of $2,534,714 on Thursday. The market closed out October with an average of 957,488 units valued at $13,947,047 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 9 stocks ended with bids higher than their last selling prices and 1 with lower offers. The PE ratio of the market ended at 17 with the main market ending at 17.8 times 2019 current year’s earnings.
In main market activity, Barita Investments gained 50 cents to close at $70.50 after trading 55,812 shares, Caribbean Cement lost 50 cents to end at $77, after exchanging 52,135 units, Carreras dropped 90 cents trading 612,631 stock units to settle at $7.90, Eppley dropped $1.50 to close at $14.50, after swapping 680 shares. Grace Kennedy closed $1.49 lower to $66, with 77,510 stock units changing hands, Jamaica Producers gained $1.10, ending at $24 with 3,651 units traded, Jamaica Stock Exchange lost 40 cents to close at $29.10, with 43,202 shares crossing the exchange. JMMB Group closed 30 cents lower at $42.70 in trading 19,543 stock units, Mayberry Investments lost 35 cents, to settle at $7.15 with 215,225 shares changing hands, NCB Financial gained $2 to close at $205, after swapping 43,196 stock units. PanJam Investment closed at $98, after losing $2 with 19,021 units traded, Pulse Investments lost 30 cents exchanging 17,920 shares to end at $4.40, Sagicor Group declined $2 to $64, with 53,384 shares traded. Sagicor Real Estate Fund closed 39 cents lower at $11.50, in swapping 44,315 stock units, Salada Foods advanced $2.70 to $32, in exchanging 26,000 units, Scotia Group climbed $3.99 and ended at $58.99, trading 603,998 shares, Seprod closed $1.50 lower to $52.50 with 2,003 units traded. Stanley Motta lost 54 cents to end at $5.20, with 19,600 shares changing hands, Supreme Ventures gained 83 cents to close at $25.98, with an exchange of 472,471 shares and Wisynco Group surged $1.50 in swapping 816,449 shares to close at $23.50 as investors responded positively to the Group’s strong September quarterly results with profit jumping 53 percent.
Trading in the US dollar market ended with 42,285 units traded at US$1,396 with the market index gaining 0.23 points to close at 202.79. Sterling Investments gained 0.2 US cents trading 39,000 units to close at 2.4 US cents and Sygnus Credit Investments exchanged 3,285 shares at 14 US cents.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Pull back for TTSE – Friday

November 1, 2019 by

Trinidad & Tobago Stock Exchange market indices dropped at the close of trading on Friday with 16 securities being active against 13 on Thursday. The market ended with 5 stocks rising, 6 declining and 5 remaining unchanged.
At the close of the market, the Composite Index dipped 3.45 points to 1,399.42. The All T&T Index fell 6.51 points to 1,754.14, while the Cross Listed Index shed 0.04 points to close at 141.56.
Trading ended with 68,899 shares valued $1,404,017, compared to 452,601 shares valued $19,844,573 shares on Thursday.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended at 7 stocks with bids lower than their last selling prices and 1 with a lower offer.
Gains| Clico Investments Fund gained 4 cents and ended at $24.10, with 8,118 units crossing the exchange, First Citizens Bank added 19 cents and settled at a 52 weeks’ high of $40.99 as 765 stock units changed hands, NCB Financial gained 1 cent to end at $10.66, after exchanging 60 shares. Scotiabank rose 7 cents to $59.47, with 675 units changing hands and Trinidad & Tobago NGL inched 1 cent higher in exchanging 4,110 shares to close at $25.66.
Losses| Grace Kennedy fell 4 cents and ended at $3.36, with 774 units crossing the exchange, Guardian Media shed 25 cents and settled at $8.25, with 2,000 stock units changing hands, One Caribbean Media slipped 1 cent and ended at $9.99, with 2,000 units crossing the exchange. Republic Financial declined by 25 cents and closed at $123.25, with 1,970 units trading, Unilever Caribbean fell 50 cents and settled at $23.50, with 11,888 stock units changing hands and West Indian Tobacco ended trading 49 cents lower at $104.50, with 2,227 units crossing the exchange.
Firm Trades | Calypso Micro Index Fund traded 200 shares and closed at $15.75, Guardian Holdings ended at $18.35, with investors exchanging 500 shares, National Flour completed trading  of 13,425 units at $1.49, Sagicor Financial closed at $10.68, with 19,042 units crossing the exchange and Trinidad Cement ended at $2, after exchanging 1,145 shares.

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

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , ,