National Flour Mills was priced at 75 cents on July 26, last year. At the end of August this year, the stock is selling at $1.30, a gain of 73 percent.
IC insider had the stock as the second on the list of stocks on the Trinidad Stock Exchange, with potential gains, with 252 percent at the end of July last year. It remained as number 2 up to September 20th. By the end of the following week, the stock price moved up to 89 cents and the position slipped to number 4 top potential gainer, with likely gains of 197 percent as the price rose.
At the end of December, the potential declined to 172 percent, but it was still at 4th position. By July the stock moved back into number 2 position as the earnings were upgraded to 16 cents per share in April, with potential gains of 252 percent once more.
The stock sits at number 5 presently, with a potential gain of 171 percent. Immediately below at 114 percent, is Massy Holdings. Citizens Bank sits next with likely gains of 68 percent and Republic with 42 percent. At the top is Trinidad Cement with 256 percent followed by Point Lisas with 210 percent, Guardian 207 percent and Berger 205 percent.
Since July last year, the performance of some of the IC Insider potential gainers on the Trinidad Stock Exchange are, Trinidad Cement with gains of 178 percent, First Citizens, 52 percent from its IPO price, Massy Holdings 17 percent, One Caribbean Media 39 percent, Point Lisas and Republic Bank 11 percent each.
National Flour Mills up 73% more gains coming
National Commercial Bank dominates TTSE
Trading on the Trinidad Stock Exchange saw a jump in the volume, but that included a block of 2.54 million units of Jamaica’s National Commercial Bank shares. A total of 12 securities changed hands, with 3 advancing, 4 declining and 5 traded firm, as 2,782,898 units traded, valued at $10,516,225.
The Composite Index lost 1.42 points to close at 1,149.78, the All T&T Index fell by just 0.17 points to close at 1,987.11 and the Cross Listed Index fell by 0.35 points to close at 40.90.
Gains| Stocks increasing in price at the close are, One Caribbean Media that gained 5 cents to end the day at $24.16 while trading 425 shares and Unilever Caribbean with 300 shares, closed with a gain of 3 cents to end at $63.16, for a new 52 weeks high.
Declines| Stocks declining at the end of trading are, National Commercial Bank with 2,542,147 shares changing hands, for a value of $2,550,109 and lost 5 cents to end at $1, Republic Bank traded only 4 units at $121.82 after losing 2 cents, Sagicor Financial Corporation added 45,303 shares, valued at $283,300 and lost a cent at $6.25 and Trinidad Cement pulled back some more from its recent 52 weeks high, to end the day 2 cents lower, at $2.78 while trading 6,500 shares.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, ANSA McAL with 50 units closed at $66.25, Clico Investment Fund with 19,623 shares, valued at $431,706, the price remained at $22, First Citizens Bank closed at $35.95 in trading 1,083 shares, Massy Holdings with 101,963 shares, traded for $6,985,466 and closed at $68.50, National Enterprises closed at $17.75 with 5.500 units trading and National Flour Mills contributed 60,000 shares with a value of $78,000, to close at $1.30.
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 3 stocks with offers that were lower.
3 stocks up 2 down on TTSE
Trading on the Trinidad Stock Exchange on Monday was moderate with 13 securities changing hands of which 3 advanced, 2 declined and 8 traded firm with 223,763 units, with a value of $1,814,887.
The Composite Index gained 0.17 points to close at 1,152.33, the All T&T Index rose 0.35 points to close at 1,988.21 and the Cross Listed Index remained at 41.43 points.
Gains| Stocks increasing in price at the close are, ANSA McAL that declined by 1 cent to end at $66.29 while trading 205 shares, Clico Investment Fund with 47,064 shares valued at $1,035,527, gained a cent to $22.01 and National Flour Mills with 25,000 shares traded for $30,000, increasing by 4 cents to $1.20.
Declines| The stocks declining at the end of trading are, First Citizens Bank trading 6,781 shares valued at $243,777 to close at $35.95, down by 5 cents and Massy Holdings trading 948 shares, fell a cent to $68.50.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Angostura Holdings with 523 shares traded to close at $12.75, Grace Kennedy trading 114 shares at $3.55, Guardian Holdings with 200 units closed at $13.75, Jamaica Money Market Brokers had just 354 units changing hands at 45 cents, National Commercial Bank contributed 10,753 shares with a value of $11,291 to end at $1.05, Point Lisas Industrial Port Development 500 shares closed at $4.15, Sagicor Financial Corporation with 3,300 shares ended at $6.47 and Trinidad Cement with 128,021 shares changing hands for a value of $382,353, closed at $3.
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 an offer lower.
Trinidad Cement hits new high
Trinidad Cement closed at a new 52 weeks high at the end of trading on the Trinidad Stock Exchange on Friday. The stock closed at $3 bettering the $2.94 reached last year August.
Elsewhere there was activity in 10 securities of which 5 advanced none declined and 5 traded firm, with 781,974 stock units changing hands with a value of $14,361,896. The Composite Index rose 1.63 points to close at 1,152.16, the All T&T Index rose 2.61 points to close at 1,987.86 and the Cross Listed Index increased by a mere 0.08 points to end at 41.43.
Gains| Stocks increasing in price at the close are First Citizens traded 2,597 shares to close at $36, up by 46 cents, Grace Kennedy at $3.55 for a gain of 9 cents while trading only 186 units, Massy Holdings contributed 85,000 shares valued at $5,821,899 to close at $68.51, with a I cent gain, National Flour with 10,000 shares closed at $1.16, with a 1 cent gain and Trinidad Cement traded 114,140 shares valued at $339,100, to close with a gain of 15 cents at $3, a new 52 weeks high.
Declines| No stock declined at the end of trading.
Firm Trades| Stocks closing with prices unchanged at the end of trading are Angostura Holdings with 70 shares valued at $12.75, Clico Investment Fund with 353,981 shares valued at $7,787,612 remained at $22, Guardian Holdings added 15,500 shares valued at $213,125 to end at $13.75, Jamaica Money Market Brokers contributed 200,000 shares with a value of $90,500, as the price closed unchanged at 45 cents and Sagicor Financial traded 500 units to close at $6.47.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than the last selling price and 1 stock with the offer lower.
Moderate trading but TCL climbs again
Trading on the Trinidad Stock Exchange on Thursday was again moderate, with 11 securities changing hands of which 3 advanced, 3 declined and 5 traded firm, with 177,879 stocks changing hands, with a value of $3,864,481.
The Composite Index rose 0.78 points to close at 1,150.53, the All T&T Index gained 1.43 points to close at 1,985.25 and the Cross Listed Index increased by a mere 0.02 points, to end at 41.35.
Gains| Stocks increasing in price at the close are, First Citizens with 1,047 shares traded to close with a cent gain, at $35.54, Sagicor Financial gained 2 cents while trading 3,443 shares at $6.47 and Trinidad Cement gained 26 cents to end the day at $2.85 while trading 5,000 shares and is now a shade away for its 52 weeks high of $2.94 reached on August 30, last year.
Declines| The stocks declining at the end of trading are, Massy Holdings, contributing 27,118 shares with a value of $1,857,799 while losing 3 cents at $68.50, National Enterprises lost a cent, in trading 205 shares, to end at $17.78, Scotiabank traded only 15 shares and lost 10 cents, to close at $63.30, for another 52 weeks low. The stock remains weak at the end of trading, and seems likely to head lower, with little demand at current prices.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Angostura Holdings with a volume of 32,541 shares traded for $414,898, to close at $12.75, Clico Investment Fund with 26,824 shares valued at $590,128 at $22, Firstcaribbean International traded 5,500 shares at $5, Guardian Holdings with 63,892 shares changing hands, for a value of $878,613 to close at $13.75, while Scotia Investments added 12,294 shares, valued at $17,217 and closed at $1.40.
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 one stock with the offer that is lower.
Trading picks up & TCL up 33c on TTSE
Trading on the Trinidad Stock Exchange picked up somewhat on Wednesday with 17 securities changing hands, of which 5 advanced, 5 declined and 7 traded firm, with 326,210 units changing hands, with a value of $5,424,483.
The Composite Index gained 1.33 points to close at 1,149.75, the All T&T Index rose 1.62 points to close at 1,983.82 and the Cross Listed Index increased by a mere 0.14 points to end at 41.33.
Gains| Stocks increasing in price at the close are, First Citizens trading 1,460 shares to gain a cent at $35.53, Guardian Holdings traded 4,278 shares valued at $58,823 to close with a gain of 25 cents to $13.75, Jamaica Money Market Brokers with 68,624 shares changing hands for a value of $30,807, closed at 45 cents, Massy Holdings with 3,115 units closed with a 2 cents gain, at $68.53 and Trinidad Cement with 32,500 shares for a value of $80,575, gained 33 cents to end the day at $2.59.
Declines| The stocks declining at the end of trading are, National Enterprises with 5,060 shares as it lost a cent in ending at $17.79, Praetorian Property Mutual Fund declined by 15 cents to end at $3.40 while it traded 4,000 units, Republic Bank exchanged 3,031 shares for 5 cents lower, to end at $121.85, Sagicor Financial Corporation contributed 15,383 shares with a value of $99,220 to close at $6.45 down by 5 cents, while Scotiabank with 5,100 shares traded down 9 cent to $63.40 for a new 52 weeks low, and remains weak at the end of trading.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Agostini’s trading just 50 units at $17.37, Angostura Holdings added 7,000 shares, valued at $89,250 at $12.75, ANSA McAL with 3,110 shares closed at $66.30, Clico Investment Fund traded 172,000 shares valued at $3,787,401 to end at $22, Prestige Holdings traded 433 shares at $9.40, Scotia Investments with 1,000 shares closed at $1.40 and Unilever Caribbean closed at $63.13 while trading 66 units
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 there was no stock with an offer lower.
Trinidad Cement on the move again up 24c
Trinidad Cement, (IC Insider BUY RATED) gained 24 cents with less than 40,000 shares trading in Tuesday’s trading on the Trinidad & Tobago Stock Exchange. A the close of the market, there was a bid to buy 437,651 units of the stock at a higher than the last traded price, suggesting further increases ahead as investors continue to respond positively to the improvement in the results for 2014.
Trading in the market was again moderate with 10 securities changing hands of which 5 advanced, 2 declined and 3 traded firm with 116,177 stocks units changing hands, with a value of $1,710,814. The Composite Index lost 1.68 points to close at 1,148.42, the All T&T Index fell by 3.36 points to close at 1,982.20 and the Cross Listed Index remained unchanged at 41.19.
Gains| Stocks increasing in price at the close are, First Citizens with 775 units at $35.52 to gain a cent, National Flour Mills with 15,409 shares valued at $17,720 and closed at $1.15 with a gain of 4 cents, while Trinidad Cement with 38,418 shares changing hands for a value of $86,825, gained 24 cents to end at $2.26, Unilever Caribbean added 2,700 shares valued at $170,429 with the price ending at $63.13, with a 6 cents gain, for a new 52 weeks high and West Indian Tobacco 1,128 shares, closed a cent higher at $118.01.
Declines| Stocks declining at the end of trading are, Clico Investment Fund with 50,656 shares valued at $1,114,632 declined by 1 cent to end at $22 and Guardian Holdings contributed 3,379 shares with a value of $45,861, as the price lost 80 cents to close at $13.50.
Firm Trades| Stocks closing with prices unchanged at the end of trading are National Enterprises with 100 shares changing hands at $17.80, Massy Holdings with 1,336 shares at $68.51 and Prestige Holdings 2,276 traded at $9.40.
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 2 stocks with offers that were lower.
Activity continues to be low on TTSE
Trading on the Trinidad Stock Exchange on Monday was moderate, with 10 securities changing hands of which 1 advanced, 1 declined and 8 traded firm, with 105,220 units changing hands, carrying a value of $5,004,784.
The Composite Index barley rose by 0.01points to close at 1,150.10, the All T&T Index rose by just 0.02 points to close at 1,985.56 and the Cross Listed Index was unchanged at 41.19.
Gains| Massy Holdings (now the official name of the former Neal & Massy) was the sole stocks increasing in price at the close, with 52,030 shares changing hands, for a value of $3,564,582 as the price closed at $68.51, with the gain of a cent.
Declines| Clico Investment Fund traded 14,400 shares, valued at $317,003 and closed at $22.01, down a cent to be the sole declining stock, at the end of trading.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Angostura Holdings with 11,870 shares traded for $151,343, to end at $12.75, ANSA McAL added 8,814 shares valued at $584,363 to close at $66.30, First Citizens traded 3,410 shares to close at $35.51, Guardian Holdings contributed 10,000 shares with a value of $143,000 and closed at $14.30, Jamaica Money Market Brokers with 3,663 shares, closed at 41 cents and West Indian Tobacco 1,033 units traded to close with a gain of a cent to $118.
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 2 stocks with offers that were lower.
Stocks trading climb, price changes moderate
The number of securities trading on the Trinidad Stock Exchange shot up to 17 on Friday, of which 5 advanced, 4 declined and 8 traded firm, with 506,074 units changing hands, with a value of $2,032,984.
The Composite Index lost 0.39 points to close at 1,150.09, the All T&T Index fell by 0.77 points to close at 1,985.54 and the Cross Listed Index remained at 41.19.
Gains| Stocks increasing in price at the close are ANSA McAL with a 1 cent gain to $66.30 with 1,070 shares trading, Clico Investment Fund with 28,600 shares, valued at $629,516, advanced by a cent to end at $22.01, Massy Group traded 4,000 shares to close with a cent gain of end at $68.51, National Flour with 2,001 shares closed up a cent at $1.11 and Trinidad Cement with 287,305 shares changing hands for a value of $581,481, increased 5 cents to $2.05, as investors regain confidence in the stock, now that the company reported improved results, in the second quarter.
Declines| The stocks declining at the end of trading are Agostini’s with just 10 units to close with a loss of 2 cents at $17.37, First Citizens closed at $35.51 in exchanging 4,947 units with a 1 cents loss, National Enterprises lost 6 cents to close at $17.90 in trading 70 shares and Scotia Investments with 2,706 shares closed at $1.40 and lost a cent.
Firm Trades| Stocks closing with prices unchanged at the end of trading are Angostura Holdings in contributing 13,130 shares with a value of $167,408, to close at $12.75, Flavorite Foods had just 20 shares trading at $5.75, Guardian Holdings with 3,280 shares, closed at $14.30, Jamaica Money Market Brokers with 151,847 shares traded for $62,257, closed at 41 cents, while National Commercial Bank added 6,938 shares valued at $7,285 to close at $1.05, Prestige Holdings 35 units were traded at $9.40, Republic Bank with 40 shares closed at $121.90 and Scotiabank with 75 units struggles at $63.49.
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 no stock with the offer lower.
Moderate price changes on TTSE
Trading on the Trinidad Stock Exchange on Thursday saw 12 securities changing hands of which 3 advanced, 2 declined and 7 traded firm with 745,726 stocks changing hands with a value of $5,950,491.
The Composite Index lost 0.53 points, to close at 1,150.48, the All T&T Index fell 1.07 points, to close at 1,986.31 and the Cross Listed Index remained at 41.19.
Gains| Stocks increasing in price at the close, are National Flour Mills with 6,152 shares to gain 5 cents and ended at $1.10, Trinidad Cement with 77,000 shares valued at $154,352 enjoyed a 5 cents to end at $2 and Unilever Caribbean with 100 shares, closed with a gain of 1 cent to end at $$63.06 for a new 52 weeks high. Trinidad Cement released results for the June quarter, showing profit before tax bettering by a small amount, the results last year, coming in at $26.5 million versus $23.4 million, but after accounting for a non-recurring charge of nearly $26 million and lower finance cost.
Declines| The stocks that declined at the end of trading, are First Citizens Bank, contributing 58,943 shares with a value of $2,093,908 as the price slipped by 28 cents to $35.52, while Point Lisas Industrial Port Development added 7,000 shares valued at $29,050 and lost 5 cents to end at $4.15.
Firm Trades| Stocks closing with prices unchanged at the end of trading, are Ansa Merchant Bank in trading 3,357 units at $39.11, Berger Paints with 500 shares, closed at $3.61, Clico Investment Fund traded 137,798 shares valued at $3,031,556, but the price remained at $22, Guardian Holdings exchanged 715 units for $14.30 each, Jamaica Money Market Brokers with 450,000 shares changing hands for a value of $184,502, ended at 41 cents, Sagicor Financial had 1,263 shares changing hands at $6.50 and West Indian Tobacco with 1,998 units closed at $118.
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 3 stocks with offers that were lower.