Winners beat losers on TTSE – Monday

March 18, 2019 by

Market activity on the Trinidad & Tobago Stock Exchange ended on Monday with trading in 13 securities against 12 on Friday, with 3 advancing, 1 declining and 9 remaining unchanged.
At close of the market, the Composite Index lost 0.04 points on Monday to 1,330.48. The All T&T Index declined 0.69 points to 1,763.23, while the Cross Listed Index rose 0.09 points to close at 121.16.
Trading ended with 306,902 shares at a value of $6,299,870 changing hands, compared to 155,257 shares at a value of $2,877,840, on Friday.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended at 7 stocks with bids higher than their last selling prices and 2 with lower offers.
At the close of the market, stocks ending trading with gains| Ansa Mcal rose 2 cents and completed trading of 18,191 units, at $55.02, Sagicor Financial added 35 cents and concluded trading at $9, after exchanging 60 shares and West Indian Tobacco increased 1 cent to $96.03, with 5,207 stock units changing hands.
 Stocks closing losses| Scotiabank fell 8 cents and ended at $63.51, with 26,912 stock units changing hands.
Stocks closing firm| Angostura Holdings ended at $15.80, with 62,895 stock units changing hands, First Citizens settled at $35.51, after exchanging 2,575 shares, Guardian Holdings completed trading of 5,893 units at $18.25. JMMB Group exchanged 6,380 shares at $1.76, National Flour completed trading of 9,637 units at $1.65, Point Lisas ended at $3.45, with 10,000 stock units changing hands. Republic Financial Holdings settled at $120, after exchanging 1,344 shares, Trinidad & Tobago NGL completed trading 46,279 units at $30 and Trinidad Cement settled at $2.55, after exchanging 111,529 shares.

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

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1 stock rose 5 declined on TTSE – Friday

March 15, 2019 by

Trinidad & Tobago Stock Exchange Head Quarters

Market activity on the Trinidad & Tobago Stock Exchange ended on Friday with trading in 12 securities against 14 on Thursday, with 1 advancing, 5 declining and 6 remaining unchanged.
 At close, the Composite Index lost 1.73 points on Friday to 1,330.52. The All T&T Index gained 0.64 points to 1,763.92, while the Cross Listed Index fell 0.57 points to close at 121.07.
Trading ended with 155,257 shares at a value of $2877840 compared to 226,953 shares at a value of $2,900,230, on Thursday.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended at 8 stocks with bids higher than their last selling prices and 2 with lower offers.
At the close of the market, stocks ending trading with gains| Massy Holdings advanced $2 to end at $52, after exchanging 821 shares.
Stocks closing with losses| First Citizens concluded trading of 1,562 shares, with a loss of 4 cents to close at $35.51, Grace Kennedy traded with a loss of 12 cents at $3.13, with 267 stock units changing hands, Guardian Holdings fell 25 cents and completed trading of 120 units, at $18.25. National Enterprises closed with a loss of 21 cents at $7.79, with 120 stock units changing hands and Sagicor Financial shed 35 cents and ended at $8.65, after exchanging 35,582 shares.
Stocks closing firm| Angostura Holdings ended at $15.80, with 100,969 stock units changing hands, Clico Investments ended at $20.80, with 3,111 stock units changing hands, NCB Financial Group settled at $8.35, after exchanging 557 shares. Republic Financial Holdings settled at $120, after trading 688 shares, Scotiabank ended at $63.59, with 10,960 stock units changing hands and Trinidad & Tobago NGL completed trading with 500 units at $30.

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

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TTSE slips on Thursday

March 14, 2019 by

Market activity on the Trinidad & Tobago Stock Exchange ended on Thursday with 14 securities trading versus 13 on Wednesday.
The market close with the prices of 4 stocks advancing, 4 declining and 7 remaining unchanged. At close, the Composite Index lost 1.62 points to 1,332.25. The All T&T Index shed 1.87 points to 1,763.28, while the Cross Listed Index fell 0.19 points to close at 121.64.
Trading ended with 226,953 shares at a value of $2,900,230, compared to 391,682 shares at a value of $8,847,624 on Wednesday.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended at 7 stocks with bids higher than their last selling prices and 3 with lower offers.
At the close of the market, stocks ending trading with gains| Calypso Macro Index Fund, traded 2,300 shares and rose 38 cents to close at $14, Clico Investments finished 60 cents higher and ended at $20.80, with 41,954 stock units changing hands. First Citizens rose 5 cents and settled at a 52 weeks’ high of $35.55, after exchanging 1,296 shares and Trinidad & Tobago NGL added 1 cent and completed trading of 26,809 units at $30.
Stocks closing losses| Guardian Holdings concluded trading of 635 units with a loss of 50 cents to close at $18.50, JMMB Group fell 2 cents to end at $1.76, after exchanging 106,038 shares. NCB Financial Group declined 4 cents and settled at $8.35, after trading 1,100 shares and Unilever Caribbean closed with a loss of 45 cents at $26.05, after an exchange of just 8 shares.
Stocks closing firm| First Caribbean International Bank completed trading of 22,000 units at $8.35, Grace Kennedy ended at $3.25, with 195 stock units changing hands, National Flour completed trading with 4,907 units at $1.65, One Caribbean Media closed at $10, after exchanging 8,743 shares. Republic Financial Holdings settled at $120, after trading 445 shares, Sagicor Financial ended at $9, after exchanging 1,148 shares and Scotiabank ended at $63.59, with 9,375 stock units changing hands.

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

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TTSE trading picks up on Friday

March 8, 2019 by

First Citizens Bank trades at 52 weeks’ high.

Market activity on the Trinidad & Tobago Stock Exchange ended on Friday with trading in 17 securities against 11 on Thursday, with 6 advancing, 3 declining and 8 remaining unchanged.
At close of the market, the Composite Index advanced 1.06 points to 1,331.27. The All T&T Index gained 0.25 points to 1,762.85, while the Cross Listed Index rose 0.26 points to close at 121.43.
Trading ended with 540,140 shares at a value of $9,417,408 compared to 366,633 shares valued $17,550,757 trading on Thursday. First Citizens Bank and West Indian Tobacco traded at a 52 weeks’ high.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended at 6 stocks with bids lower than their last selling prices and 1 with a lower offer.
At the close of the market, stocks trading with gains are| First Citizens with a rise of 10 cents and settling at $35.10, after exchanging 500 shares, Grace Kennedy adding 15 cents to end at $3.25, with 70,400 stock units changing hands, National Flour that increased 1 cent and completed trading of 63,000 units at $1.65. Prestige Holdings rose 5 cents to close at $7.55, with an exchange of 511 units, Trinidad & Tobago NGL closed with a gain of 1 cent and completed trading of 112,608 units at $30.01 and West Indian Tobacco gained 2 cents and ended at $96.02, with 2,550 stock units changing hands.
Stocks closing with losses|Massy Holdings shares fell 2 cents to $50, after exchanging 3,548 shares, One Caribbean Media closed with a loss of 33 cents and ended at $10.07, in trading 10,000 shares and Scotiabank shed 1 cent and ended at $63.59, with 6,000 stock units changing hands.
Stocks closing firm| Angostura Holdings ended at $15.80, with 1,380 stock units changing hands, Clico Investments ended at $20.20, trading 211,705 stock units, Guardian Holdings completed trading of 5,313 units at $19, JMMB Group closed at $1.75, after exchanging 14,016 shares. NCB Financial Group settled at $8.39, trading 10,036 shares, Sagicor Financial exchanged 19,203 shares at $8.75, Trinidad Cement settled at $2.55, after swapping 6,171 shares and Unilever Caribbean concluded trading of 3,199 shares at $26.50.

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

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Guardian Holdings profit jumps 31%

March 7, 2019 by

Guardian Holdings jumps $1 to new 52 weeks’ high.

Profits at the Trinidad based Guardian Holdings, jumped an attractive 31 percent to TT$534 million above the TT$407 million reported for 2017 that is due to shareholders of the group.
The results translate to earnings per share of $2.30 versus $1.75 in the prior year. “Insurance underwriting activities drove the performance led by the Life, Health and Pension business segment which had a stellar performance achieved primarily from improved persistency, expense management and improved product mix,” Henry Peter Ganteaume, the company’s Deputy Chairman, disclosed to shareholders in his commentary accompanying the results.
Net Written Premiums by 6 percent to reach $4.16 billion but gross written premium rose by 7 percent to $5.86 billion. Net income from underwriting activities more than doubled from $403 million to $863 million. The deputy chairman went on to state, “The Property and Casualty business segment returned a satisfactory performance as it was spared major catastrophic events during the year. However, the persistent soft market conditions led to a marginal increase to Net Written Premiums. Also of note were the not-insignificant profits made by our Asset Management and Brokerage businesses. These two ‘segments’ hold promise to become important and non-risk exposed elements of our overall Group earnings profile over the relatively short term. NCB shareholders will be big winners in a successful Guardian acquisition. Net income from investing activities fell from $1,191 million to $982 million, driven primarily by volatility in Global equity markets, which resulted in a Net fair value loss of $12 million in 2018 compared to an exceptional gain of $246 million in 2017”.
Operating expenses increased by 7 percent to just under $1.05 billion. Based on the 2018 performance, the directors propose a final dividend of 48 cents, which will bring the total dividend to 71 cents, an increase of 4 cents or 6 percent over 2017. Shareholders’ equity grew to $3.4 billion at the end December and total assets at $27.3 billion.
Guardian stock closed at a 52 weeks’ high of $19 on the Trinidad Stock Exchange on Wednesday at a low PE ratio of 8.2 times last year’s earnings and no doubt even lower than 2019 earnings. If NCB financial gets approval for the acquisition of majority shares in the company, they would have picked up a gem at a very low price making the NCB’s investors the winners and the Guardian sellers, big losers.

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TTSE trading resumes after carnival break

March 6, 2019 by

Trading resumed on the TTSE on Wednesday after braking for the Carinival celebration

Fresh from a two days break for Carnival activities, the Trinidad & Tobago Stock Exchange resumed trading on Wednesday with 12 securities changing hands against 15 on Friday, with 2 advancing, 2 declining and 8 remaining unchanged.
At close of the market, the Composite Index lost 2.78 points on Wednesday to 1,331.05. The All T&T Index gained 0.72 points to 1,763.32, while the Cross Listed Index declined 0.87 points to close at 121.30. Trading ended with 204,592 shares at a value of $1,442,067 compared to 243,261 shares valued $2,537,602, on Friday when the market last traded before the break. Guardian Holdings fresh from the release of strong gains in 2018 profits jumped to a 52 weeks’ high of $19.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended positively with 7 stocks having bids higher than their last selling prices and one with a lower offer.
At the close of the market, stocks trading on Friday with gains are| Guardian Holdings climbed $1 to a 52 weeks’ high of $19, trading at 25,000 shares and Trinidad & Tobago NGL advanced 13 cents to complete trading of 3,853 units at $30.13.
Stocks closing with losses| National Flour closed with a loss of 5 cents and completed trading with 500 units to close at $1.60 and Sagicor Financial lost 73 cents to $9.07, after exchanging 1,000 shares.
Stocks closing firm| Angostura Holdings ended at $15.80, with 200 stock units changing hands, Clico Investments closed at $20.20, with an exchange of 13,092 stock units, First Citizens closed at $35 after exchanging 950 shares, Grace Kennedy ended at $3.10, trading 156,176 stock units. JMMB Group closed at $1.75, after exchanging 2,857 shares, Massy Holdings exchanged 879 shares to close at $52, NCB Financial Group settled at $8.38, after exchanging 35 shares and Republic Financial Holdings settled at $120, after exchanging 50 shares.

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

 

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

4 TTSE stocks rise none fall – Friday

March 1, 2019 by

Trinidad & Tobago Stock Exchange Head Quarters

Stocks listed on the Trinidad & Tobago Stock Exchange ended on Friday with continued signs of recovery from years of falling price.
At the close of trading in 15 securities changed hands against 17 on Thursday, with 4 advancing, none declining and 11 remaining unchanged.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended the week in a positive position with 6 stocks having bids higher than their last selling prices and none with lower offers.
At close of the market, the Composite Index gained 0.10 points to 1,333.83. The All T&T Index shed 0.14 points to 1,762.60, while the Cross Listed Index rose 0.05 points to close at 122.17. Trading ended with 243,261 shares valued $2,537,602, compared to 315,496 shares at a value of $4,120,962 on Thursday.
At the close of the market, stocks trading on Friday with gains are| Clico Investments increasing 5 cents to end at $20.20, with 61,197 stock units changing hands, First Citizens gaining 1 cent to settle at $35, after exchanging 7,528 shares. JMMB Group finishing 3 cents higher at $1.75, after trading 111,751 shares and One Caribbean Media trading 18,482 shares after jumping 39 cents to close at $10.40.
Stocks closing firm | Grace Kennedy ended at $3.10, with 16,177 stock units changing hands, Guardian Holdings completed trading of 438 units, at $18, Massy Holdings closed at $52, after exchanging 1,900 shares, National Enterprises ended at $8, with 169 stock units changing hands, National Flour completed trading of 3,779 units at $1.65. Prestige Holdings traded 2,527 units at $7.35, Republic Financial Holdings settled at $120, after exchanging 1,321 shares, Sagicor Financial ended at $9.80, after exchanging 40 shares, Trinidad & Tobago NGL completed trading of 9,561 units, at $30, Trinidad Cement settled at $2.55, after exchanging 8,340 shares and Unilever Caribbean closed at $26.50, after exchanging 51 shares.

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

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

2 TTSE stocks rise 5 fall – Thursday

February 28, 2019 by

Market activity on the Trinidad & Tobago Stock Exchange ended on Thursday with trading in 17 securities against 15 on Wednesday, with 2 advancing, 5 declining and 10 remaining unchanged.
At close of the market, the Composite Index fell 5.60 points to 1,333.73. The All T&T Index declined 10.16 points to 1,762.74, while the Cross Listed Index shed 0.13 points to close at 122.12.
Trading ended with 315,496 shares at a value of $4,120,962, compared to 446,041 shares at a value of $3,550,838 changing hands on Thursday.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended at 3 stocks with bids than their last selling prices and 1 with a lower offer.
Stocks closing with gains | National Flour traded 3,000 units and increased by 1 cent to $1.65 and West Indian Tobacco rose 1 cent to close at a 52 weeks’ high of $96.02 with 10 shares changing hands.
Stocks closing with losses| Ansa Mcal ended trading of 534 units with a loss of 24 cents to close at $55, Calypso Macro Index Fund lost 40 cents in closing at $13.60, trading 200 units, JMMB Group concluded trading with a loss of 8 cents at $1.72, after exchanging 112,693 shares. Republic Financial Holdings dropped back $5 from the surge on Wednesday to close at $120, after exchanging 762 shares and Sagicor Financial fell 9 cents and ended at $9.80, after trading 600 shares.
Stocks closing firm | Clico Investments completed trading at $20.15, with 160,758 stock units changing hands, First Caribbean International Bank settled at $8.35, with an exchange of 1,000 units, First Citizens exchanged 3,662 shares at $34.99, Grace Kennedy completed trading at $3.10, with 3,000 stock units changing hands. Massy Holdings ended at $52, after exchanging 40 shares, NCB Financial Group concluded trading of 1,000 shares at $8.38, Prestige Holdings settled at $7.35, with an exchange of 2,000 units. Scotiabank completed trading of 1,547 stock units at $63.60, Trinidad & Tobago NGL settled at $30, with 7,668 units with changing hands and Trinidad Cement closed at $2.55, after exchanging 17,022 shares.

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

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

More stocks fall than rise on TTSE

February 25, 2019 by

Trinidad & Tobago Stock Exchange Head Quarters

Market activity on the Trinidad & Tobago Stock Exchange ended on Monday with trading in 14 securities against 17 on Friday, with 4 advancing, 6 declining and 4 remaining unchanged.
At close of the market, the Composite Index gained 0.59 points
on Monday to 1,314.77. The All T&T Index fell 0.93 points
to 1,723.55, while the Cross Listed Index added 0.03 points to close at 122.37.
Trading ended with 55,023 shares at a value of $1,101,137, compared to 215,530 shares on Friday valued at $2,156,015.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended at 2 stocks
with bids lower than their last selling prices and 3 with lower offers.
Stocks closing with gains | Sagicor Financial closed with an increase of 32 cents at $9.90, after trading 500 shares,Scotiabank ended with a rise of 10 cents at $63.60, with 860 stock units changing hands, Trinidad & Tobago NGL finished 15 cents higher trading 2,431 units at $30.15 and Unilever Caribbean gained $1 and ended at $26.50, after exchanging 1,000 shares.
Stocks closing with losses | Clico Investments concluded trading of 21,086 stock with a loss of 5 cents to end at $20.15, First Caribbean International Bank lost 1 cent and completed trading 360 units, at $8.35, First Citizens;fell 15 cents and settled at $34.85, after exchanging 4,729 shares. National Enterprises shed 1 cent and ended at $7.99, with 5,100 stock units changing hands,  One Caribbean Media declined by 1 cent to $10, with an exchange of 4,760 shares and Republic Financial Holdings lost
49 cents and settled at $110.01, after exchanging 1,188 shares.
Stocks closing firm| Guardian Holdings completed trading of 3,061
units, at $18, JMMB Group concluded at $1.80, after exchanging 200 shares, National Flour completed trading at $1.64, with
1,448 units and NCB Financial Group settled at $8.40, after exchanging 8,100 shares.

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

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

Massy Holdings jumps $3.99

February 22, 2019 by

Massy traded at a 52 weeks’ high on Friday.

Massy Holdings jumped $3.99 and completed trading of 5,931 shares, at a 52 weeks’ high of $52 but One Caribbean Media ended at a 52 weeks’ low of $10.01 at the close of trading on the Trinidad & Tobago Stock Exchange on Friday.
Market activity with the trading of 17 securities against 14 on Thursday, with 7 advancing, 5 declining and 5 remaining unchanged.
At close of the market, the Composite Index gained 2.93 points to 1,314.18. The All T&T Index rose 6.17 points to 1,722.62, while the Cross Listed Index fell 0.05 points to close at 122.34.
Trading ended with 215,530 shares at a value of $2,156,015, compared to 217,203 shares with a value of $3,760,569 on Thursday.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended at 3 stocks with bids lower than their last selling prices and 3 with lower offers.
Stocks closing with gains| Clico Investments added 5 cents and settled at $20.20, with 53,300 stock units changing hands, First Caribbean International Bank gained 1 cent to end at $8.36, trading 185 units, First Citizens rose 49 cents and ended at $35, after exchanging 2,285 shares. . NCB Financial Group closed with a gain of 1 cent at $8.40, after exchanging 3,900 shares, Republic Financial Holdings gained 50 cents and ended at $110.50, after exchanging 819 shares and Trinidad & Tobago NGL rose 40 cents and concluded trading of 3,364 units at $30.
Stocks closing with losses | Grace Kennedy lost 1 cent and settled at $3.09, with 11,140 stock units changing hands, National Flour ended trading with 11,000 units, 1 cent lower at $1.64, One Caribbean Media concluded trading of 5,800 shares with a loss of 34 cents to close at a 52 weeks’ low of $10.01. Sagicor Financial traded with a loss of 40 cents at $9.58, after exchanging 8,760 shares and Scotiabank shares fell 13 cents and settled at $63.50, with 1,000 stock units changing hands.
Stocks closing firm | Ansa Mcal closed trading of 1,885 units at $55, Guardian Holdings traded 2,000 shares at $18, JMMB Group exchanged 500 shares and closed trading at $1.80, LJ Williams B share ended at 78 cents, after exchanging 100,000 shares and Trinidad Cement ended at $2.55, with 3,661 shares changing hands.

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

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