Scotiabank heading higher on TTSE

Scotiabanklogobuilding280x150 At the end of trading on the Trinidad Stock Exchange, Scotiabank traded over 40,000 shares but left unsatisfied orders to buy 129,576 units at $59.45, with no stock on offer, a sure sign of higher prices down the road. The overall market shows signs of rising prices ahead, for a number of the listings on the market.
At the market closed with 13 securities changing hands of which 2 advanced, 3 declined and 8 traded firm, for a total of 1,431,779 units, valued at $5,790,544.
At the close of the market, the Composite Index rose 0.02 points to close at 1,144.80, the All T&T Index inched up by just 0.06 points to close at 1,971.71 and the Cross Listed Index remained at 41.63.
Gains| Stocks increasing in price at the close are, Massy Holdings in trading 1,915 shares, closed at $68.24, down a cent. Sagicor Financial Corporation contributed 56,133 shares with a value of $336,798 to gain 5 cents and end at $6 and Scotiabank traded 40,908 shares, valued at $2,431,162 to close with a gain of 1 cent at $59.43, the stock closed with a higher bid than the last selling price.
Declines| The stocks declining at the end of trading are, Jamaica Money Market Brokers with 470,000 shares traded for $206,800, lost 1 cent to end at 44 cents and National Flour Mills fell 2 cents to close at $1.10 with 2,129 units changing hands.
TTSE sum 10-12-14 Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund with 18,685 units valued at $429,790 changing hands but remained at $23, First Citizens Bank traded 1,700 shares at $36.81. Guardian Holdings added 54,540 shares valued at $722,655 to end at $13.25, National Commercial Bank closed with 715,652 shares changing hands for a value of $794,373 at $1.11. National Enterprises with 2,291 shares trading closed at $17.43, Sagicor Financial Corporation 6.5% preference share had trading in 50,000 shares with a value of US$55,000 at $6 each and West Indian Tobacco traded 1,826 shares valued at $221,421 to close at $121.26.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 7 stocks with the bid higher than their last selling prices and 1 stock with the a lower offer.

Stocks mostly up on TTSE

TCL climbed back to $2.60 at the close on Monday.

TCL climbed back to $2.60 at the close on Monday.

Trading on the Trinidad Stock Exchange closed on Monday with 14 securities changing hands of which 6 advanced, 3 declined and 5 traded firm, with a total of 593,232 units, valued at $2,541,131 be active.
At the close of the market, the Composite Index gained 1.90 points to close at 1,144.80, the All T&T Index rose by just 0.69 points to close at 1,971.69 and the Cross Listed Index increased by 0.41 points to end at 41.63.
Gains| Stocks increasing in price at the close are, Angostura Holdings in trading 1,000 shares, closed with a gain of 1 cent at $12.78, First Citizens Bank traded 3,324 shares to close 3 cents higher at $36.80, National Commercial Bank traded 300,170 units with a value of $334,667 to close at $1.11, up by 6 cents. Praetorian Property Mutual Fund traded 6,575 units to close at $3.50 after gaining 10 cents, Scotiabank contributed only 43 shares as the price closed up 7 cents to $59.40 and Trinidad Cement with 182,745 shares valued at $475,137 closed at $2.60 after gaining 9 cents.
TTSE 8-12-14 Declines| The stocks declining at the end of trading are, Ansa Merchant Bank with 32 shares, declined by 1 cent to close at $38.42, Clico Investment Fund with shares 49,397 shares valued at $1,136,169 lost 1 cent to end at $23 and Republic Bank with 400 shares traded at $119.94 and lost 2 cents.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Flavorite Foods with 35 shares changing hands to end at $4.80, followed by Guardian Holdings with 17,666 shares valued at $234,075 to end at $13.25. Sagicor Financial Corporation traded 20,367 shares valued at $121,184 to close at $5.95, Scotia Investments contributed 11,368 shares at $1.45 and West Indian Tobacco traded 110 units to close at $121.26.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than their last selling prices and 1 stock with the offer that was lower.

No stock fell on TTSE but 4 rose

Trading on the Trinidad Stock Exchange ended the week with 11 securities changing hands of which 4 advanced, none declined and 7 traded firm with a total of 30,771 units, valued at $556,267.
TTSE 5-12-14At the close of the market, the Composite Index rose 0.47 points to close at 1,142.90, the All T&T Index rose 0.42 points to close at 1,971.00 and the Cross Listed Index increased by 0.07 points to end at 41.22.
Gains| Stocks increasing in price at the close are, Clico Investment Fund with of 4,159 shares valued at $95,699 advanced by 1 cents to end at $23.01, a new 52 weeks’ high. Guardian Media contributed 4,257 shares with a value of $84,161 to end at $19.77, up by 2 cents, for a 52 weeks’ high, while National Commercial Bank added 2,500 shares and closed at $1.05 up 1 cent and Scotiabank gained 11 cents to end the day at $59.33 with 200 shares traded.
Declines| There were no declining stocks at the close of trading.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Firstcaribbean International Bank with 1,500 shares ended trading at $5, First Citizens Bank ended trading with 7,864 shares changing hands, for a value of $289,159 at $36.77, Grace Kennedy traded 1,513 shares to close at $3.75. Guardian Holdings traded 1,268 units at $13.25, Massy Holdings traded 10 shares at $68.25, Sagicor Financial Corporation with a volume of 7,000 shares traded closed at $5.95 and L.J. Williams B shares traded 500 units at 90 cents.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.

5 stocks rose 3 fell on TTSE

Trading on the Trinidad Stock Exchange on Thursday, closed with14 securities changing hands of which 5 advanced, 3 declined and 6 traded firm. Overall activity ended with total of 203,577 units, valued at $1,286,479 traded.
TTSE 4-12-14 At the close, the Composite Index slipped 0.16 points to close at 1,142.43, the All T&T Index rose by 0.21 points to close at 1,970.58 and the Cross Listed Index fell 0.07 to end at 41.15.
Gains Stocks closing with gains at the last traded prices are, Angostura Holdings ended trading 4,025 shares, the price gained 1 cent to $12.77, ANSA McAL traded 1,941 shares to end at a cent higher, at $66.36. Ansa Merchant Bank gained 1 cent, to close at $$39.43 while trading 180 shares, National Flour Mills with 69,833 shares changing hands and closed with a 1 cent gain at $1.12 and Trinidad Cement ended at $2.51 after it traded at $2.54 to gain 17 cents at the close while trading 14,125 units.
Declining stocks Stocks closing with a loss at the last traded prices are, National Commercial Bank lost a cent to end at $1.04 while 50,000 shares were traded, National Enterprises in trading 472 shares closed with a 6 cents loss at $17.44 and Point Lisas Port Development with 225 shares while losing 25 cents to end at $3.75.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund traded 27,825 shares valued at $ $640,029, the price remained at $23. First Citizens Bank trading 1,105 shares to close at $36.77, Guardian Holdings with 845 shares changing hands and ended at $13.25 followed by Massy Holdings added 554 shares and ended at $68.25, Prestige Holdings contributed 275 shares to close at $9.56 and Sagicor Financial Corporation traded 32,172 shares value of $191,423 to end unchanged at $5.95
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bids higher than their last selling prices and 2 stocks with offers that were lower.

2 new highs on TTSE

Scotiabank profit rose for 2015, helping to push demand for the stock which rose in Wednesdays trading.

Scotiabank profit rose for 2015, helping to push demand for the stock which rose in Wednesdays trading.

Clico Investment Fund traded 220,230 shares valued at $5,065,290, the price gained 25 cents to end the day at a new 52 weeks’ high of $23, also closing at a new high for the last twelve months is IC Insider BUY RATED West Indian Tobacco that gained 1 cent to $121.26 while trading 116 shares. The other stock gaining in Wednesday’s trading session is another IC Insider BUY RATED stock, Scotiabank with 350 units to end at $59.22 up by 2 cents.
Scotiabank which closed with a bid of $59.31, reported an 11 percent increase in their October quarter profit after tax, and a slight increase in the full year results. These results are helping to stimulate the price of the stock forward.
In overall trading on Wednesday, the Trinidad Stock Exchange closed with 9 securities changing hands of which 3 advanced, none declined and 6 traded firm, with a total of 297,972 units, valued at $6,289,262 be actively traded. At the close, the Composite Index rose 0.05 points to close at 1,142.59, the All T&T Index rose by 0.09 points to close at 1,970.37 and the Cross Listed Index remained at 41.22.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, First Citizens Bank trading 1,500 shares to close at $36.77, Guardian Holdings with 45,969 shares changing hands for a value of $609,134 and ended at $13.25 followed by Grace Kennedy with 16,120 shares at $3.75. Massy Holdings added 5,807 shares valued at $396,328 and ended at $68.25, Prestige Holdings contributed 6,880 shares to close at $9.56 and Trinidad Cement traded 1,000 shares at $2.35.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.

2 new 52 weeks’ highs & 2 lows on TTSE

Trading on the Trinidad Stock Exchange closed on Tuesday with 2 new 52 weeks, highs and 2 new lows as 15 securities changed hands of which 6 advanced, 5 declined and 4 traded firm, with a total of 145,030 units, valued at $2,055,749 being active.
TTSE 2-12-14At the close of the market, the Composite Index rose 0.25 points to close at 1,142.54, the All T&T Index rose 0.69 points to close at 1,970.28 and the Cross Listed Index fell by 0.02 points to end at 41.22.
Gains| Stocks increasing in price at the close are, ANSA Mcal with 1,330 units, gained 6 cents to end a $66.36, Clico Investment Fund traded 400 share, advanced by 3 cents to end at $22.75, a new 52 weeks’ high. Guardian Media $50.00 6% Cumulative Preference closed at $65.01 while 20 shares were traded to gain 1 cent, for a new 52 weeks high. National Enterprises gained 3 cents while trading 7,317 units to end at $17.50, Scotiabank had 868 units trading and increased 19 cents to end the day at $59.20 and Trinidad Cement increasing 4 cents to $2.34 while trading 5,520 shares.
Declines| The stocks declining at the end of trading are, Guardian Holdings with 48,950 shares changing hands, for a value of $648,588, fell 24 cents, to close at $13.25, Flavorite Foods traded 1,000 shares at $4.80, down 10 cents, for a new 52 weeks’ low. Grace Kennedy contributed 12,500 shares and lost 9 cents, to close at $3.75, National Commercial Bank with a volume of 48,400 shares and lost 2 cent to end at $1.05, after trading 10 shares and Sagicor Financial Corporation lost 2 cents to end at $5.95, in trading 1,728, for a new 52 weeks’ low.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, First Citizens Bank traded 3,587 at $36.77, while Massy Holdings added 12,400 shares valued at $846,300 to close at $68.25, One Caribbean Media ended with 1,000 units changing hands at $25.10, Prestige Holdings closed at $9.56.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator showed 6 stocks with the bid higher than their last selling prices and 1 stock with the offer that was lower.

Rising prices ahead on TTSE

Trading on the Trinidad Stock Exchange ended with 14 securities changing hands of which 4 advanced, 1 declined and 9 traded firm with a total of 157,147 units, valued at $1,903,518.
TTSE 27-11-14At the close of the market, the Composite Index inched up 0.03 points to close at 1,143.20, the All T&T Index rose 0.05 points to close at 1,968.06 and the Cross Listed Index remained at 41.69.
Gains| Stocks increasing in price at the close are, Ansa Merchant Bank that gained a cent in closing at $39.42 while trading 185 shares. First Citizens Bank traded 3,373 shares, to close with a gain of 1 cent at $36.76, Massy Holdings traded 16,941 shares valued at $1,159,616, gained 3 cents to close at $68.48. and Praetorian Property Mutual Fund traded 50,000 shares valued at $175,000 and advanced by 10 cents, to end at $3.50.
Declines| The stock declining at the end of trading is, Point Lisas Industrial Port Development declined 2 cents to end the day at $4 and traded just 100 units.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Angostura Holdings contributed 10,823 shares with a value of $138,101 and closed at $12.76. Agostini’s with 402 shares ended at $17.33, Flavorite Foods traded 100 units at $4.90, Jamaica Money Market Brokers added 7,823 shares to close at 45 cents, National Commercial Bank with 50,000 shares changing hands, closed at $1.10. National Enterprises ended with 2,000 shares trading at $17.47, One Caribbean Media traded 4,900 units at $25.10, Prestige Holdings had 500 shares traded at $9.56 and Sagicor Financial Corporation 6.5% preference shares traded 10,000 units at US$1.10.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 7 stocks with the bid higher than their last selling prices and only 1 stock with the offer that was lower, this is the second day of such strong signal, an indication that prices should be rising in the session ahead.

Scotiabank on the mend & climbing

Scotia hq 25 9-14 The price of Scotiabank shares, continue to mend on the Trinidad Stock Exchange, with the price closing up at the end of trading on Tuesday, on moderate volume. Importantly, at the end of trading, there were 28,445 units on the bid to buy at 10 cents over the closing price. There were no stocks offered for sale, an indication that the price will be moving up.
The market closed with 10 securities changing hands of which 2 advanced, 2 declined and 6 traded firm, with a total of 204,322 units, valued at $1,065,639, trading. The Composite Index of the market rose 0.47 points to close at 1,142.50, the All T&T Index gained 0.88 points to close at 1,966.68 and the Cross Listed Index increased by a mere 0.01 points to end at 41.69.
Gains| Stocks increasing in price at the close are, Scotiabank increased by 19 cents to end the day at $58.55 while trading 2,697 shares worth $157,855, and Trinidad Cement contributed 10,000 shares and closed 5 cents higher at $2.10.
Declines| The stocks declining at the end of trading are, Agostini’s traded just 171 units but fell 1 cent to $17.33 Guardian Holdings suffered a loss of 1 cents to close at $13.49.
TTSE-sum 25-11-14 Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund with 2,595 shares with the price remaining at $22.50, First Citizens Bank traded 900 shares to close at $36.76, Grace Kennedy with 640 shares ended at $3.84. National Enterprises added 5,000 shares, valued at $87,350, to end at $17.47, Sagicor Financial Corporation with 91,500 shares changing hands, for a value of $548,950, closed at $6 and Scotia Investments with 89,000 shares trading for $129,050, closed at $1.45.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than their last selling prices and no stock with the offer that was lower.

T&TSE quietly looking better

Trading on the Trinidad Stock Exchange on Monday, was moderate, with 11 securities changing hands, of which 3 advanced, 2 declined and 6 traded firm, with a total of 553,708 units, valued at $4,694,056.
TTSE sum 24-11-14At the close of the market, the Composite Index lost 0.89 points to close at 1,142.03, the All T&T Index rose 0.61 points to close at 1,965.80 and the Cross Listed Index declined by 0.32 points to end at 41.68.
Gains| Stocks increasing in price at the close are, National Enterprises traded 17,166 units valued at $299,890, gained 2 cents to end at $17.47, Scotiabank gained 10 cents, to end at $58.36 while 100 shares traded and Scotia Investments contributed 20,954 shares and ended 4 cents higher at $1.445
Declines| The stocks declining at the end of trading are, Massy Holdings traded 100 shares to close with a loss of 2 cents, at $68.45 and National Commercial Bank with 308,550 shares changing hands for a value of $339,832 to fall 5 cents to $1.10.
Firm Trades| Stocks closing with prices unchanged, at the end of trading are, Ansa Mcal with 500 shares traded, to close $66.18. Clico Investment Fund with 152,040 shares valued at $3,420,900, remained at $22.50, First Citizens Bank traded 3,745 shares valued $137,666 to close, at $36.76, while Guardian Holdings added 20,000 shares valued at $270,000 to end at $13.50. Jamaica Money Market Brokers with 5,373 shares changing hands at 45 cents and Sagicor Financial Corporation with a volume of 25,250 shares being traded for $151,500 to close at $6.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bids higher than their last selling prices and none with offers that were lower.

Witco jumps $1.96 as 9 stocks fell on TTSE

WITCO_Tobacco280x150West Indian Tobacco closed $1.96 higher to a new 52 weeks high in trading on the Trinidad Stock Exchange, on a day when 16 securities changed hands of which 5 advanced, 9 declined and 2 traded firm, with a total of 997,076 units, valued at $6,925,563.
At the close of the market, the Composite Index rose 1.79 points to close at 1,142.53, the All T&T Index gained 3.42 points to close at 1,964.40 and the Cross Listed Index increased by a mere 0.02 points to end at 42.00.
Gains| Stocks increasing in price at the close are, Grace Kennedy contributed 78,458 shares with a value of $301,244, while gaining just 1 cent to $3.84, Republic Bank with 63 units at closed at $119.97 with a gain of 7 cents. Scotiabank gained 5 cents in trading 80 shares at $58.22, Trinidad Cement with 500 shares closed 2 cents higher, at $2.02 and West Indian Tobacco gained $1.96 to end the day at $121 while trading only 251 shares.
Declines| The stocks declining at the end of trading are, Ansa Merchant Bank traded 1,000 at $39.41 down by 1 cents and Massy Holdings fell 2 cents to close at $68.47.
TTSE sum 20-11-14 Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund with 100,340 shares valued at $2,260,353 closed unchanged at $22.50, Firstcaribbean International with 515,650 shares changing hands for a value of $2,578,250 closed at $5, First Citizens Bank traded 2,663 shares at $36.75. Guardian Holdings traded 1,000 units at $13.50, followed by Jamaica Money Market Brokers with 249,259 shares valued at $112,166, to close at 45 cents, National Commercial Bank with 5,000 shares ended at $1.15, One Caribbean Media added 15,225 shares valued at $382,147, to close at $25.10, Prestige Holdings traded 4,000 units at $9.56 and Sagicor Financial Corporation traded 8,997 shares to close at $6.
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 none with offers that were lower.