Guardian Holdings

Easy going on T&TSE on Thursday

January 21, 2021 by IC Insider.com

Trading volume dropped 40 percent below Wednesday’s levels on the Trinidad and Tobago Stock Exchange on Thursday, with the market declining after investors exchange 36 percent fewer dollars on the trades.
Trading ended with 12 securities changing hands, a drop from 18 on Wednesday, with the prices of four rising, two declining and six remaining unchanged. The Composite Index slipped 0.56 points to 1,329.70, the All T&T Index lost 1.12 points to end at 1,768.27 and the Cross Listed Index remained at 120.51.
Market activity ended with 77,142 shares for $1,790,718, down from 127,658 units at $2,787,000 on Wednesday.
An average of 6,429 shares traded at $149,230 compared to 7,092 at $154,847 on Wednesday. An average of 11,583 units traded at $269,714 for the month to date versus 11,917 units at $277,529. The average trade for December ended with 14,490 units at $237,988.
The Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the bell, Agostini’s increased 8 cents to $23.98, with 50 shares crossing the exchange, Ansa McAl ended at $53.50 after exchanging 115 stock units, Clico Investment Fund advanced 8 cents to $25.48, with 23,046 units changing hands. Guardian Holdings shed 4 cents to end at $20.50 in exchanging 223 units. National Enterprises increased 3 cents to $3.18 after exchanging 6,769 shares, National Flour remained at $2.60 with an exchange of 9,925 units, NCB Financial Group settled at $8.50 after exchanging 578 stocks. One Caribbean Media closed at $4.75 with 1,263 shares changing hands, Republic Financial Holdings fell 76 cents in closing at $136 in an exchange of 200 stock units, Scotiabank remained at $57.50 while trading 1,286 stock units. Trinidad & Tobago NGL carved out a gain of 9 cents at $15.84 with 7,689 units changing hands and West Indian Tobacco closed at $35.40 while trading 25,998 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Stock Market, TTSE Market Tagged With: Agostini's, Ansa Mcal, Clico Investment, Daily Trading, Emerging markets, Emerging Stock, Guardian Holdings, National Enterprises, National Flour, NCB Financial Group, One Caribbean Media, Republic Financial Holdings, Scotiabank, Trading Activity, Trinidad & Tobago NGL, TTSE, West Indian Tobacco

Slippage for T&TSE Wednesday

January 20, 2021 by IC Insider.com

Trading on Wednesday, with 43 percent fewer shares changing hands than on Tuesday, resulting in more stocks falling than rising as the Trinidad and Tobago Stock Exchange Indices slipping to end the day.

Trinidad & Tobago Stock Exchange Head Quarters

Trading ended with 18 securities changing hands compared to 15 on Tuesday, with the prices of one stock rising, four declining and 13 remaining unchanged. The Composite Index declined 2.91 points to settle at 1,330.26, the All T&T Index fell 4.59 points to settle at 1,769.39 and the Cross Listed Index lost 0.16 points to end at 120.51.
The market closed with an exchange of 127,658 shares, for $2,787,238 compared to 222,267 units at $3,492,136 on Tuesday.
An average of 7,092 units traded at $154,847 compared to 14,818 at $232,809 on Tuesday. An average of 11,917 units traded at $277,529 for the month to date versus 12,437 units at $290,753. The average trade for December amounted to 14,490 units at $237,988.
The Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the closing bell, Angostura Holdings remained at $15 with an exchange of 2,500 shares, Ansa Mcal closed at $53.50, with 598 stock units changing hands, Clico Investment Fund settled at $25.40 after exchanging 710 stocks. First Citizens Bank fell 76 cents in closing at $43.10 after exchanging 1,812 units. FirstCaribbean International Bank settled at $7 in trading 550 stock units, Grace Kennedy closed at $3.80 while exchanging 118 shares, Guardian Holdings closed at $20.54 in an exchange of 654 stocks. Guardian Media stayed at $3.25 after exchanging 3,673 stock units, JMMB Group dropped 3 cents to close at $1.95, with 2,130 units changing hands, Massy Holdings ended at $60 with the swapping of 70 shares. National Flour Mills remained at $2.60, with 550 stocks crossing the market, One Caribbean Media declined 10 cents to $4.75 in trading 22,500 shares, Point Lisas closed at $3.15 after exchanging 2,000 stock units. Republic Financial Holdings declined 6 cents to $136.76 in trading 9,498 units, Scotiabank remained at $57.50, with 2,781 stock units crossing the exchange, Trinidad & Tobago NGL climbed 25 cents in closing at $15.75 trading 6,650 shares. Trinidad Cement ended at $3.40, with 50,000 stocks changing hands and West Indian Tobacco closed at $35.40 while exchanging 20,864 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Stock Market, TTSE Market Tagged With: Angostura Holdings, Ansa Mcal, Clico Investment, Daily Trading, Emerging markets, Emerging Stock, First Caribbean International Bank, First Citizens, Grace Kennedy, Guardian Holdings, JMMB Group, Massy Holdings, National Flour, One Caribbean Media, Point Lisas, Republic Financial Holdings, Scotiabank, Trading Activity, Trinidad & Tobago NGL, Trinidad Cement, TTSE, West Indian Tobacco

Slippage in TTSE indices

January 19, 2021 by IC Insider.com

Trading activity on Tuesday resulted in a modest increase in the volume of stocks changing hands with a higher value than on Monday, at the close of the Trinidad and Tobago Stock Exchange and ended, with the market declining after more stocks declined than gained.
Trading on the Trinidad and Tobago ended with 15 securities changing hands compared to 16 on the previous trading day, with prices of two stocks rising, four declining and nine remaining unchanged.
The Composite Index lost 1.10 points to settle at 1,333.17, the All T&T Index declined 2.09 points to 1,773.98 and the Cross Listed Index slipped 0.01 points to 120.67.
Investors exchanged 222,267 shares, for $3,492,136 compared to 210,894 units at $2,990,086 on Monday.
An average of 14,818 units traded at $232,809 compared to 13,181 at $186,880 on Monday. An average of 12,437 units traded at $290,753 for the month to date versus 12,202 units at $296,471 on Monday. The average trade for December amounted to 14,490 units at $237,988.
The Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and three with lower offers.
Angostura Holdings settled at $15 while exchanging 2,970 shares, Clico Investment Fund shed 5 cents in closing at $25.40 in an exchange of 8,855 stock units, First Citizens Bank lost 14 cents to end at $43.86 after trading 3,180 stock units, FirstCaribbean International Bank fell 4 cents to $7 while exchanging 14,398 shares. Grace Kennedy closed at $3.80 while trading 1,000 stock units, Guardian Holdings closed at $20.54, with 7,163 shares changing hands, JMMB Group advanced 3 cents to $1.98 in the switching of 1,060 units. National Flour Mills closed at $2.60, with 6,143 stock units crossing the market, One Caribbean Media remained at $4.85 in exchanging 125,368 shares, Point Lisas closed at $3.15 trading 500 units. Prestige Holdings gained 40 cents in closing at $8 in trading 100 stock units, Republic Financial Holdings stayed at $136.82 with the swapping of 1,645 units, Scotiabank ended at $57.50 after exchanging 11,877 shares. Unilever Caribbean fell 7 cents to $16.63 in trading 2,347 stocks and West Indian Tobacco closed at $35.40 with the swapping of 35,661 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Stock Market, TTSE Market Tagged With: Angostura Holdings, Clico Investment, Daily Trading, Emerging markets, Emerging Stock, First Caribbean International Bank, First Citizens, Grace Kennedy, Guardian Holdings, JMMB Group, National Flour, One Caribbean Media, Point Lisas, Prestige Holdings, Republic Financial Holdings, Scotiabank, Trading Activity, Trinidad & Tobago NGL, TTSE, Unilever Caribbean, West Indian Tobacco

Rising TTSE stocks hold upper hand

January 18, 2021 by IC Insider.com

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Rising stocks outnumbered those falling by a seven to one margin at the close of trading on Monday, on the Trinidad and Tobago Stock Exchange after investors traded slightly more shares than on Friday.

National Flour rose to a new 52 weeks’ high on Monday.

Trading ended with 16 securities changing hands, down from 20 on Friday with seven rising, one declining and eight remaining unchanged. The Composite Index advanced 2.85 points to 1,334.27, the All T&T Index gained 0.07 points to close at 1,776.07 and the Cross Listed Index added 0.77 points to end at 120.68.
The market closed with an exchange of 210,894 shares, for $2,990,086 compared to 201,264 units at $3,068,905 on Friday.
An average of 13,181 units traded at $186,880 compared to 10,063 at $153,445 on Friday. An average of 12,202 units traded at $296,471 for the month to date versus 12,087 units at $309,364. Trading in December averaged 14,490 units at $237,988.
The Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and two with lower offers.
In trading, Agostini’s remained at $23.90 in an exchange of 40 units, First Citizens Bank rose 1 cent to $44 with 4,827 shares clearing the market, FirstCaribbean International Bank lost 1 cent to close at $7.04 exchanging 1,564 units. Guardian Holdings gained 4 cents to close at $20.54 with an exchange of 67,563 stock units, Guardian Media ended at $3.25, with 65 shares crossing the market, JMMB Group closed at $1.95 in exchanging 88,702 shares. Massy Holdings rose $1 to $60 trading 530 stocks, National Enterprises settled at $3.15 with the exchange of 10,000 units, National Flour Mills rose 15 cents to a 52 weeks’ high of $2.60, with 10,000 stock units changing hands. NCB Financial Group gained 20 cents to close at $8.50 after 224 stock units crossed the exchange, One Caribbean Media closed at $4.85 with an exchange of 3,000 shares, Point Lisas settled at $3.15, with 25 stock units changing hands. Republic Financial Holdings rose 7 cents to end at $136.82 in trading 2,200 units, Scotiabank traded 1,276 stock units at $57.50, Unilever Caribbean settled at $16.70 in ownership of 545 units changing hands and West Indian Tobacco carved out a gain of 5 cents at $35.40, after 20,333 stocks crossed the market.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Stock Market, TTSE Market Tagged With: Agostini's, Clico Investment, Daily Trading, Emerging markets, Emerging Stock, First Caribbean International Bank, First Citizens, Guardian Holdings, JMMB Group, Massy Holdings, National Enterprises, National Flour, NCB Financial Group, One Caribbean Media, Point Lisas, Republic Financial Holdings, Scotiabank, Trading Activity, TTSE, Unilever Caribbean, West Indian Tobacco

Trading activity picks up on T&TSE

January 15, 2021 by IC Insider.com

There was board based trading activity on the Trinidad and Tobago Stock Exchange on Friday, with the number of securities traded jumping well over Thursday’s level after investors traded 47 percent fewer shares with values dropping 76 percent than on Thursday.

Trinidad & Tobago Stock Exchange Head Quarters

Trading ended with 20 securities changing hands, up from 14 on Thursday and eight stocks rising, seven declining and five remaining unchanged. The Composite Index lost 0.29 points to 1,331.42, the All T&T Index dropped 10.31 points to 1,776.00, while the Cross Listed Index gained 1.35 points to close at 119.91.
Trading closed with an exchange of 201,264 shares, for $3,068,905 compared to 376,254 units at $12,888,807 on Thursday. An average of 10,063 units traded at $153,445 compared to an average of 26,875 at $920,657 on Thursday. An average of 12,087 units traded at $309,370 for the month to date versus 12,436 units at $336,255. The average trade for December ended at 14,490 units at $237,988.
The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and two with lower offers.
In trading, Agostini’s slipped 8 cents in closing at $23.90, with just one share in crossing the market, Clico Investment Fund ended at $25.45 with an exchange of 685 shares, Endeavour Holdings shed 25 cents in closing at $11.25 after trading 200 units. First Citizens Bank lost 1 cent to close at $43.99, with an exchange of 222 stock units, First Caribbean International Bank ended 1 cent higher at $7.05 trading 1,350 units, Grace Kennedy rose 10 cents to end at $3.80, with 267 units changing hands. Guardian Holdings lost 4 cents to end at $20.50, in exchanging 47,590 units, Guardian Media gained 25 cents to close at $3.25 trading just one unit, JMMB Group finished 3 cents higher at $1.95, after exchanging 65,298 shares. L.J Williams B share shed 5 cents to end at $1.45, in transferring 1,000 units, Massy Holdings ended at $59, with 3,975 stock units changing hands, National Flour Mills advanced 15 cents to $2.45, in switching ownership of 27,000 shares. NCB Financial Group picked up 5 cents to close at $8.30, with an exchange of 1,989 stocks, One Caribbean Media settled at $4.85, after a transfer of 5,295 stock units, Republic Financial Holdings fell $3.25 to $136.75, in trading 1,000 shares. Scotiabank shed 50 cents after ending at $57.50, with 6,781 stock units crossing the market, Trinidad & Tobago NGL rose 39 cents to $15.50, with the swapping of 304 shares, Trinidad Cement gained 5 cents to close at a 52 weeks’ high of $3.40, in exchanging 770 shares. Unilever Caribbean closed at $16.70 after clearing the market with 15,169 stock units and West Indian Tobacco remained at $35.35, in trading 22,367 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Stock Market, TTSE Market Tagged With: Agostini's, Clico Investment, Daily Trading, Emerging markets, Emerging Stock, Endeavor Holdings, First Caribbean International Bank, First Citizens, Grace Kennedy, Guardian Holdings, JMMB Group, LJ Williams, Massy Holdings, National Flour, NCB Financial Group, One Caribbean Media, Republic Financial Holdings, Scotiabank, Trading Activity, Trinidad & Tobago NGL, Trinidad Cement, TTSE, Unilever Caribbean, West Indian Tobacco

Gains & Losses evenly matched

January 14, 2021 by IC Insider.com

Stock rising and declining were equally matched at the close on Thursday of the Trinidad and Tobago Stock Exchange, leading to the market rising after traded 195 percent more shares at 343 percent higher value than on Wednesday.
Trading ended with 14 securities changing hands with the prices of four stocks rising, four declining and six remaining unchanged. At the close of the market, the Composite Index climbed 3.43 points to settle at 1,331.71, the All T and T Index rose 7.60 points to settle at 1,786.31, the Cross Listed Index advanced 6.97 points to settle at 97.06 and
The market closed with an exchange of 376,254 shares for $12,888,807 compared to 127,473 units at $2,911,923 on Wednesday.
An average of 26,875 units traded for the day at $920,629 in contrast to an average of 8,498 at $194,128 on Wednesday. An average of 12,436 units traded at $336,255 for the month to date versus 10,455 units at $256,047. The average trade for December was 14,490 units at $237,988.
The Investor’s Choice bid-offer indicator reading for the Trinidad and Tobago market shows four stocks ended with bids higher than their last selling prices and three with lower offers.
In market activity, Angostura Holdings dropped $1 to $15 after trading 667 shares, Clico Investment Fund rose 17 cents to $25.45 after exchanging 650 stock units. First Citizens Bank closed at $44 with the swapping of 43,206 units, Guardian Holdings lost 1 cent to close at $20.54, finishing at 406 units. Guardian Media closed at $3 in trading 46 units, JMMB Group lost 2 cents ending at $1.92 in switching ownership of 501 shares, Massy Holdings closed at $59, with 807 stocks changing hands. National Flour Mills advanced 10 cents to end at a 52 weeks’ high of $2.30 with 43,000 stock units clearing the market, One Caribbean Media gained 3 cents to close at $4.85 in exchanging 3,000 shares, Republic Financial Holdings advanced $3.50 to $140 in exchanging 10 stock units. Scotiabank ended at $58, with 51,785 units crossing the exchange, Trinidad & Tobago NGL lost $1.39 and ending at $15.11 with an exchange of 10,002 stock units, Unilever Caribbean settled at $16.70, with 12,000 stock units changing hands and West Indian Tobacco closed at $35.35 finishing, with an exchange of 210,174 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Stock Market, TTSE Market Tagged With: Angostura Holdings, Clico Investment, Daily Trading, Emerging markets, Emerging Stock, First Citizens, Guardian Holdings, JMMB Group, Massy Holdings, National Flour, One Caribbean Media, Republic Financial Holdings, Scotiabank, Trading Activity, Trinidad & Tobago NGL, TTSE, Unilever Caribbean, West Indian Tobacco

Rising prices falling TTSE index

January 13, 2021 by IC Insider.com

Rising stocks outnumbered declining ones on a three to one basis but the Trinidad and Tobago Stock Exchange ended with a fall in trading on Wednesday, with slightly more shares changing hands than on Tuesday.
Trading ended with 15 securities changing hands with prices of six stocks rising, two declining and seven remaining unchanged. At the close, the Composite Index shed 6.82 points to settle at 1,328.28, the All T and T Index shed 1.02 points to settle at 1,778.71 and the Cross Listed Index fell 1.73 points to close at 118.67.
Trading closed with an exchange of 127,473 shares at $2,911,923, up from 117,098 units at $2,763,303 on Tuesday.
An average of 8,498 units traded at $194,128 down from 9,008 at $212,562 on Tuesday. An average of 10,455 units traded at $256,047 for the month to date versus 10,792 units at $266,722. The average trade for December ended at 14,500 units at $250,351.
The Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and two with lower offers.
In trading, Agostini’s closed at $23.98 after exchanging 553 shares, Angostura Holdings traded 800 stocks at $16, First Citizens Bank ended at $44 in an exchange of 23,010 stocks. FirstCaribbean International Bank remained at $7.04 in trading 1,750 stock units, Guardian Holdings increased 5 cents to close at $20.55 trading 3,893 units, Massy Holdings dropped $1 and ended at $59, after switching ownership of 453 units. NCB Financial Group fell 25 cents to $8.25, with 44,804 shares changing hands, Point Lisas rose 3 cents in ending at $3.15 with an exchange of 124 units, Republic Financial Holdings gained 60 cents to settle at $136.50 in trading 110 shares. Scotiabank closed at $58 while exchanging 1,275 shares, Trinidad & Tobago NGL gained $1.30 to close at $16.50 in an exchange of 7,002 units, Trinidad Cement gained 10 cents to end at a 52 weeks’ high of $3.35 with an exchange of 10,000 stock units. Unilever Caribbean stayed at $16.70 with an exchange of 55 stock units, West Indian Tobacco ended at $35.35 in exchanging 31,706 shares and Calypso Macro Investment Fund rose $1 to $15 after exchanging 1,938 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Stock Market, TTSE Market Tagged With: Agostini's, Angostura Holdings, Calypso Micro Index Fund, Daily Trading, Emerging markets, Emerging Stock, First Caribbean International Bank, First Citizens, Guardian Holdings, Massy Holdings, NCB Financial Group, One Caribbean Media, Point Lisas, Republic Financial Holdings, Scotiabank, Trading Activity, Trinidad & Tobago NGL, Trinidad Cement, TTSE, Unilever Caribbean, West Indian Tobacco

Big T&T stocks push market higher

January 12, 2021 by IC Insider.com

Gains by Angostura Holdings, First Citizens Bank and Republic Financial Holdings overcame the pressure from declining stocks in trading on the Trinidad and Tobago Stock Exchange on Tuesday and landed the primary market indices in positive territory after 38 percent more shares changed hands than on Monday.

Angostura Holdings aged rum.

Trading ended with 13 securities changing hands with the prices of three rising, five declining and five remaining unchanged. At the close, the Composite Index rose 2.64 points to 1,335.10, the All T&T Index gained 5.56 points to close at 1,779.73 and the Cross Listed Index slipped 0.04 points to 120.40.
The market closed with an exchange of 117,098 shares, for $2,763,303 compared to 84,633 units at $1,718,895 on Monday.
An average of 9,008 units traded for $212,562, up from 7,694 at $156,263 on Monday. An average of 10791 units traded at $266,706 for the month to date versus 11,958 units at $276,219. The average trade for the previous month amounted to 14,500 units at $237,988.
The Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Angostura Holdings gained 50 cents to end at $16 after exchanging 200 stock units, Calypso Macro Index Fund stayed at $14 after trading 675 stock units, Clico Investment Fund declined by 20 cents to $25.28 in exchanging 8,295 units. First Citizens Bank shed 50 cents to end at $44 trading 23,525 shares, FirstCaribbean International Bank fell 1 cent to $7.04, with 500 stock units changing hands. Guardian Holdings shed 38 cents to end at $20.50 with an exchange of 19,648 stocks, JMMB Group closed at $1.94, finishing with 2,083 stock units, National Flour Mills settled at $2.20 in exchanging 33,087 shares. Point Lisas remained at $3.12 in trading 126 stocks, Republic Financial Holdings advanced 91 cents to $135.90 in an exchange of 1,117 units, Scotiabank settled at $58 after 1,604 units changed hands. Trinidad Cement rose 25 cents to close at a 52 weeks’ high of$3.25 after exchanging 4,700 stock units, West Indian Tobacco carved out a loss of 5 cents in ending at $35.35 after an exchange of 21,538 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Stock Market, TTSE Market Tagged With: Angostura Holdings, Calypso Micro Index Fund, Clico Investment, Daily Trading, Emerging markets, Emerging Stock, First Caribbean International Bank, First Citizens, Guardian Holdings, JMMB Group, National Flour, NCB Financial Group, Point Lisas, Prestige Holdings, Republic Financial Holdings, Scotiabank, Trading Activity, Trinidad Cement, TTSE, West Indian Tobacco

T&T stocks record gains on Monday

January 11, 2021 by IC Insider.com

Trading ended with rising stocks just edging out those declining at the close on Monday on the Trinidad and Tobago Stock Exchange, resulting in the market rising after investors traded 59 percent fewer shares with 68 percent less value than on Friday.
Trading on the Trinidad and Tobago Stock Exchange ended with 11 securities changing hands, down from 15 on Friday. It ended with five stocks rising, four declining and two ending unchanged. At the close of trading, the Composite Index rose 7.57 points to settle at 1,332.46, the All T and T Index advanced 2.51 points to settle at 1,774.17 and the Cross Listed Index gained 1.73 points to 120.44.
The market closed with an exchange of 84,633 shares, accounting for $1,718,895 compared to 206,973 units at $5,299,325 on Friday. An average of 7,694 units traded for the day at $156,261 compared to an average of 13,792 at $353,216 on Friday. An average of 11,104 units traded at $276,219 for the month to date versus 11,699 units at $276,219. The average trade for December amounted to 14,500 units at $237,988.
The Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three with lower offers.
At the market close, Clico Investment gained 3 cents to settle at $25.48, with 5,000 shares changing hands, Calypso Macro Investment Fund slipped 1 cent to end at $14 in trading 1,300 stock units, First Citizens Bank increased 50 cents to $44.50 in trading 2,924 stock units. Guardian Holdings shed 1 cent to settle at $20.88, with 3,895 shares changing hands, Massy Holdings dropped 61 cents to $60 with an exchange of 95 stocks. National Flour Mills climbed 5 cents to end at $2.20 trading 20,000 stock units, NCB Financial Group climbed 25 cents to close at $8.50, with 60 shares crossing the market, Scotiabank ended at $58 after trading 766 stock units. Trinidad & Tobago NGL carved out a loss of 70 cents to close at $15.20 in exchanging 7,227 shares, Trinidad Cement closed at $3 with an exchange of 11,817 stock units and West Indian Tobacco rose 40 cents to $35.40 after 31,549 shares changed hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Stock Market, TTSE Market Tagged With: Calypso Micro Index Fund, Clico Investment, Daily Trading, Emerging markets, Emerging Stock, First Citizens, Guardian Holdings, Massy Holdings, National Flour, NCB Financial Group, Republic Financial Holdings, Scotiabank, Trading Activity, Trinidad & Tobago NGL, Trinidad Cement, TTSE, West Indian Tobacco

Falling prices dominate Trinidad stocks

January 8, 2021 by IC Insider.com

Falling stock prices overwhelmed rising prices at the close of trading on the Trinidad and Tobago Stock Exchange on Friday, but a $1.27 price rise for First Citizens Bank pushed most market indices higher at the close after trading volume spiked 155 percent, with the value 286 percent higher than Thursday’s levels.

First Citizens Bank added $1.27 to finish at $44 on TTSE on Friday.

Trading closed with 15 active securities, up from thirteen on Thursday, ending with two stocks rising, eight declining and five ending unchanged. Trading resulted in 206,873 shares for $5,298,240 compared to 81,012 shares valued $1,372,046 on Thursday.
Trading averaged 13,792 units at $353,216 versus an average of 6,232 units at $105,542 for each security on Thursday. Trading month to date averaged 11,699 units at $297,164 compared to 11,045 units at $279,648. December closed with an average of 14,490 units at $237,988.
The T&T Composite Index advanced by 3.52 points to 1,324.89, the All T&T Index rose 3.00 points to 1,771.66, while the Cross Listed Index added 0.55 points to close at 118.71.
The Investor’s Choice bid-offer indicator ended with the bids of five stocks higher than their last selling prices and two with lower offers.
Stocks rising│ First Citizens Bank climbed $1.27 to $44 after exchanging 62,985 shares and NCB Financial Group gained 12 cents to close at $8.25, with 50,000 units crossing the market.
Stocks declining│ Agostini’s lost 1 cent trading 1 share at $23.98, Angostura Holdings shed 50 cents to end at $15.50, in transferring 346 units, Endeavour Holdings shed 80 cents to finish at a 52 weeks’ low of $11.50, with an exchange of 100 units. Grace Kennedy finished 6 cents lower at $3.70, with 7,420 stock units changing hands, Guardian Holdings closed at $20.89, with a loss of 1 cent trading 95 units, Massy Holdings slipped 38 cents to $60.61, after a transfer of 54 units. Trinidad Cement lost 10 cents trading 20,000 shares at $3 and Trinidad and Tobago NGL fell by $1.10 to $15.90 after 6,177 stock units crossed the exchange.
Stocks trading firm│ Clico Investment Fund traded 21,156 shares at $25.45, First Caribbean International Bank exchanged 400 units at $7.05, National Enterprises ended at $3.15, with 390 units changing hands. Republic Financial Holdings closed at $134.99, in trading 600 units and West Indian Tobacco was unchanged at $35, with an exchange of 37,249 shares.