Trading on the Trinidad and Tobago stock market ended on Thursday after Wednesday’s holiday, with two indices falling. Trading was characterized with modest volumes as only 8 securities traded accounting for only 374,975 shares valued at just $1,493,875 changing hands. The market closed with 1 stock rising, 5 declining and 2 remaining unchanged as two stocks traded at 52 weeks’ lows.
The Composite Index fell 1.34 points or to close at 1,138.38, the All T&T Index fell by 2.67 points to close at 1,791.56 and the Cross Listed Index was unchanged at 64.59 points.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 7 stocks with bids higher than their last selling prices and 8 with offers that were lower.
Gains| Trinidad and Tobago NGL closed with 35,670 shares valued at $802,5757,210 changing hands at $22.5, after gaining 14 cents.
Losses| First Citizens fell 1 cent in trading 4,465 shares, to close at $34.50, Guardian Holdings traded 360 shares and declined 1 cent to a 52 weeks’ low of $12.74, One Caribbean Media lost 24 cents to close at $21 with 100 shares changing hands.
Republic Financial Holdings ended with 115 shares to close at $107.15 with a loss of 1 cent to a 52 weeks’ low and Scotiabank contributed 5,900 shares with a value of $313,096 to close with a loss of 73 cents at $53.
Firm Trades| National Flour ended with 4,780 shares changing hands to close at $2.30 and JMMB Group closed with 323,585 shares changing hands, to end at 60 cents.
TTSE slips with modest trading – Thursday
Stocks still hitting lows on TTSE
First Citizens. jumped $1.10 on TTSE on Friday
The Composite Index advanced by 1.20 points or to close at 1,128.99, the All T&T Index rose 2.38 points to close at 1,789.13 and the Cross Listed Index remained at 62.36.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 stocks with bids higher than their last selling prices and 6 with offers that were lower, suggesting there are more declines in a number of stocks to come.
Gains| First Citizens Bank closed trading with 2,410 shares and gained $1.10 to end at $33.75, Guardian Holdings gained 5 cents to close at $12.80, with 7,700 shares changing hands, Point Lisas traded 5,000 shares and gained 1 cent, to end at $3.70 and West Indian Tobacco gained 1 cent in trading 4,000 shares at $126.29.
Losses| Guardian Media traded 1,064 shares at a 52 weeks’ lows of $19.70 after falling 5 cents. Massy Holdings dropped 50 cents to close at $55.25, with 44,926 shares with a value of $2,482,177 changing hands and Republic Financial Holdings ended with 16,460 shares valued at $1,765,170 to close at a 52 weeks’ low of $107.24 with a loss of 1 cent.
Firm Trades| Angostura Holdings ended with 6,689 shares changing hands to end at $12.90, Clico Investments ended with 4,177 shares changing hands to end at $22.68, JMMB Group traded 38,264 shares at 60 cents, National Enterprises closed with 215 shares changing hands at $10.98. National Flour ended with 18,285 shares changing hands to close at $2.30, Sagicor Financial traded 4,066 units at $7.14, Scotiabank closed at $53.85 with 497 shares traded, Trinidad and Tobago NGL closed at $22.25 with 8,689 units changing hands and Trinidad Cement 6,940 units at $3.42.
6 TTSE stocks fell 1 rose – Wednesday
Fresh from closing on Tuesday with a good bounce, trading on the Trinidad and Tobago Stock Exchange saw continuation of gains but at a more modest level on Wednesday with 13 securities trading. At the close of trading, 450,739 units changed hands valued at $7,596,505.
The Composite Index advanced by 1.18 points or to close at 1,127.47, the All T&T Index rose 2.39 points or 1.24 percent to close at 1,786.11 and the Cross Listed Index remained at 62.36.
The market closed on Wednesday with, 1 security rising, 6 declining stock, while 6 remained unchanged, and two traded at 52 weeks’ lows as 450,739 shares valued at $7,596,505 changed hands.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator had 6 stocks with bids higher than their last selling prices and 8 with offers that were lower, including Republic Financial Holdings and National Enterprises with lower offers than the last selling price.
Gains| Clico Investments ended with 4,370 shares changing hands and gained 1 cent to close at $22.66.
Losses| First Citizens Bank price dropped 85 cents in trading 2,367 shares to close at $32.65, Guardian Holdings fell 5 cents and closed at $12.75 with 8,721 shares changing hands, Massy Holdings lost 1 cent to close at $54.99 with 6,752 shares with a value of $371,292, changing hands. Republic Financial Holdings ended with 57,704 shares valued at $6,196,833 to close with a loss of 4 cents to a new 52 weeks’ low of $107.39,
Sagicor Financial Corporation traded 3,819 shares to end at $7.14 after falling 1 cent and Unilever Caribbean fell 2 cents with 10 shares trading at a 52 weeks’ low of $64.80.
Firm Trades| Agostini’s ended with 630 shares changing hands to end at $17.05, JMMB Group traded 300,000 shares to close at 60 cents, Scotiabank closed at $53.85 as 492 shares changing hands. Trinidad and Tobago NGL traded 13,492 shares with a value of $300,199 to close at $22.25, Trinidad Cement ended with 1,101 shares trading at $3.42 and West Indian Tobacco traded 1,281 shares at $126.28.
TTSE stocks record gains – Tuesday
Trading on the Trinidad and Tobago Stock Exchange closed on Tuesday with 13 active securities changing hands, 2 of which gained, 2 declined, while 9 remained unchanged, as 379,646 shares valued at $3,134,529 changed hands. At the close 2 stocks ended at 52 weeks’ lows.
The Composite Index gained 0.11 points to close at 1,108.45, the All T&T Index rose 0.22 points to close at 1,754.84 and the Cross Listed Index remained unchanged to close at 61.46.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 6 stocks with bids higher than their last selling prices and 7 with offers that were lower.
Gains|First Citizens Bank traded 200 shares and gained 3 cents to close at $30.04 and Massy Holdings gained 3 cents to close at $48.20 with 352 shares changing hands.
Losses| Clico Investments ended with 20,935 shares valued at $473,340 changing hands after losing 4 cents to close at $22.61 and Guardian Holdings ended with 4,204 shares changing hands but lost 4 cents in ending at $12.80.
Firm Trades| JMMB Group traded 184,300 shares at 60 cents, Point Lisas ended with 12,600 units trading at $3.70, Prestige Holdings ended at $10.93 with 124,678 shares valued at $1,362,731 changing hands, Sagicor Financial Corporation traded 2.945 shares to end at $7, Scotia Investments traded 4,605 shares to close at $1.65.
Scotiabank traded 2,305 shares, to end at $52.01, Trinidad and Tobago NGL closed at $22.25 with 18,469 units valued at $410,963 changing hands, Trinidad Cement lost 1 cent with 53 units changing hands ended at $3.42 and West Indian Tobacco traded 4,000 shares valued at $505,127 to close at $126.28.
National Commercial Bank last traded at $2.50 and continues to close with greater buying than selling interest, with the highest bid at $2.51, to buy 71,100 shares and the lowest offer at $2.65, to sell 4,900 units. The stock which sells in Jamaica at J$42, trades at J$47.50 in Trinidad, for an 11 percent difference.
5 new 52 weeks’ lows for TTSE – Thursday
Grace Kennedy shares rose on the TTSE on Thursday.
The Composite Index declined by 1.95 points to close at 1,106.32, the All T&T Index declined by 4.54 points to close at 1,758.40 and the Cross Listed Index advanced by 0.09 points at 60.39.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 4 stocks with bids higher than their last selling prices and 5 with offers that were lower.
Gains| Firstcaribbean International Bank traded 125,000 shares with a value of $820,000 and gained 5 cents to end at $6.56, followed by Grace Kennedy with 31,603 units at $5.25, after rising 5 cents and Trinidad and Tobago NGL rose by 10 cents and traded 4,185 units to close at $20.10.
Losses| Angostura Holdings dropped 49 cents in trading 1,600 units at a 52 weeks’ low of $12.50, First Citizens Bank declined by 37 cents to a 52 weeks’ low of $29.50 as 445 units changed hands, Guardian Holdings lost 1 cent and closed with 937 shares changing hands at $13. JMMB Group fell 5 cents and closed at 60 cents, with 271,023 shares changing hands, Massy Holdings lost 92 cents in trading 520 shares at a 52 weeks’ low of $48, Prestige Holdings had 1,363 shares trading and fell 8 cents to $11.30.
Scotiabank closed with 55 shares changing hands with a loss of 4 cents, to end at a 52 weeks’ low of $53.91 and Unilever Caribbean lost 1 cent in trading 88 shares, to close to at a 52 week’ low of $64.94.Firm Trades| Clico Investment Fund traded 88 shares valued at shares to close at $22.61, Guardian Media traded 1,475 shares with the price remaining at $19.75, One Caribbean Media traded 200,000 shares valued $4,258,000 and closed at $21.29. Praetorian Property Mutual Fund contributed 26,948 shares to end at $2.70, Sagicor Financial closed with 3,888 units changing hands at $7.17 and Trinidad Cement contributed 2,603 shares to close at $3.50.
TTSE halts fall on – Friday
Trading showed improvement in market sentiments with fewer lows as well as the number of declining stocks falling from the levels on Thursday. The market ended with no stocks trading at 52 weeks’ lows and none at new highs. Demand for stocks continue to be low on the Trinidad & Tobago stock market. The market closed with 12 active securities changing hands on Friday.
Trading ended with 3 stocks rising, 2 declining while 7 remaining unchanged on Friday, as 196,119 shares valued at $2,546,049 changed hands.
The Composite Index inched up 0.25 points to close at 1,108.53, the All T&T Index eased 0.12 points to close at 1,763.13 and the Cross Listed Index rose 0.09 points to 60.34.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 4 stocks with the bid higher than the last selling prices and 10 with offers that were lower. The indicators are pointing to more losses for the market, with the prices of some large capitalized stocks set for further declines with offers at or below the last traded prices and bids for a small number of shares which are in some instances some distance from the last traded prices.
Gains| Guardian Holdings rose by 2 cents and close with 1,785 shares traded at $13.02, National Commercial Bank traded 6,715 shares at $2.40 and regained 1 cent and Sagicor Financial with 97,378 units valued at $694,785 changing hands, ended at $7.10 after rising 5 cents.
Losses| Clico Investment Fund traded 63,571 shares valued at $1,436,883 to close 5 cents down at $22.60 and Prestige Holdings fell 13 cents and closed with 8,656 shares changing hands, to end at $11.27.
Firm Trades| Ansa McAl traded 15 units at $62.59, Guardian Media traded 300 shares with the price remaining at $19.75, National Flour closed at $2.20 with 77 shares changing hands. Scotia Investments traded 4,732 shares to end at $1.60, Trinidad Cement traded firm at $3.35 with 100 units changing hands, Trinidad and Tobago NGL traded 12,746 units to close at $20 and West Indian Tobacco closed at $126.36, with just 54 units trading.
Only 2 stocks fell on TTSE – Friday
T&TNGL climbed 90 cents on TTSE on Friday.
Trading ended with 107,743 shares valued at $1,907,529 changing hands.
The Composite Index advanced by 0.31 points to close at 1,120.12, the All T&T Index rose 1.12 points to close at 1,787.24 and the Cross Listed Index fell by 0.07 points to 60.19.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 stocks with the bid higher than the last selling prices and 9 with offers that were lower.
Gains| Clico Investment Fund gained 5 cents and traded 31,648 units valued at $715,258 to close at $22.60 and Trinidad and Tobago NGL jumped 90 cents in closing at $20.50 with 30,655 shares valued at $616,243 trading.
Losses| Massy Holdings closed at 52 weeks’ low of $49.97 after losing 1 cent, to close with 2,760 shares changing hands and Sagicor Financial Corporation closed with 11,280 shares changing hands, to end with a fall of 1 cent at $7.05.Firm Trades| Ansa Merchant Bank traded 4,000 units at $39.50, Grace Kennedy traded 4,600 shares at $5.15, Guardian Holdings closed at $13 with 9,500 shares trading. JMMB Group closed at 58 cents with just 270 shares changing hands, Point Lisas Industrial Port Development traded 10,000 at $3.94, Trinidad Cement ended with 3,000 units trading at $3.35 and West Indian Tobacco traded 30 shares to close at $126.36.
4 new lows for TTSE – Thursday
NCB is the sole rising stock on the TTSE on Thursday.
Trading ended with 1,649,710 shares valued at $3,258,584 changing hands.
The Composite Index advanced by 0.81 points to close at 1,119.81, the All T&T Index fell 0.89 points to close at 1,786.12 and the Cross Listed Index rose by 0.35 points to 60.26.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 stocks with the bid higher than the last selling prices and 5 with offers that were lower.
Gains| National Commercial Bank rose 5 cents to close with 136,865 shares for a value of $328,376, trading at $2.40.
Losses| First Citizens Bank traded 1,565 shares but fell 7 cents to end at a new 52 weeks’ low of $33.03, Massy Holdings closed at 52 weeks’ low of $49.98 after losing 1 cent, to close with 15,150 shares changing hands. National Flour lost 10 cents to end at $2.20 as 451,652 shares valued at $993,596 changed hands, Republic Financial fell 1 cent to a 52 weeks’ low of $108.79 with a mere 14 units changing hands.
Scotiabank had 40 shares trading at $54.96 after falling 1 cent for a 52 weeks’ low and Trinidad and Tobago NGL fell 1 cent in closing at $19.60 with 7,686 shares trading.Firm Trades| Clico Investment Fund traded 12,587 units at $22.55, Guardian Holdings closed at $13 with 2,000 shares trading, Guardian Media closed at $19.75 with 500 shares traded. JMMB Group closed at 58 cents with 1,000,000 shares changing hands for a value of $580,000, Point Lisas Industrial Port Development traded 1,651 at $3.94 and Trinidad Cement ended with 20,000 units trading at $3.35.
All TTSE index down 8% in 2016 – Wednesday
Trading ended for the second consecutive days with 4 stocks closing at 52 weeks’ lows as demand for stocks remain low on the Trinidad & Tobago Stock Exchange as sellers offload stocks at lower prices, helping to push the all Trinidad index down nearly 10 percent for the year to date.
The market closed with 15 active securities changing hands on Wednesday with only 2 stocks gaining, 7 declining while 6 remained unchanged as selling pressure continues in the market. Trading ended with 570,894 shares valued at $6,951,799 changing hands. The Composite Index declined by 0.31 points to close at 1,119.00, the All T&T Index eased 0.57 points to close at 1,787.01 and the Cross Listed Index declined by 0.01 points to 59.91. Interestingly, the index for cross listed stocks is up 21 percent for the year to date and helped to negate the fall in the Composite Index to just 4 percent, the All T&T Index has lost 8 percent and seems destined to decline some more with weak demand for Trinidad stocks.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 6 stocks with the bid higher than the last selling prices and 7 with offers that were lower.
Gains| Trinidad and Tobago NGL gained 7 cents, to close at $19.62 with 4,461 shares trading and Guardian Holdings traded 470,714 shares valued at $6,119,282 to close at $13 after rising by 1 cent.
Losses| Clico Investment Fund traded 2,250 units at $22.55 after shedding 5 cents, First Citizens Bank traded 325 shares but fell 8 cents to end at a new 52 weeks’ low of $33.10, Massy Holdings lost 1 cent to close at 52 weeks’ low of $49.99 with 119 shares. Republic Financial fell to a 52 weeks’ low of $108.80 with a loss of 15 cents as 2,909 units changed hands, Sagicor Financial Corporation traded 69 units but fell 2 cents to $7.13.
Scotiabank had 2,525 shares trading at $54.97 after falling 3 cents for a 52 weeks’ low and Scotia Investments traded 57,768 shares and fell 2 cents to close at $1.62.
Firm Trades| Guardian Media closed at $19.75 with 495 shares traded, JMMB Group closed at 58 cents with 2,000 shares changing hands. National Commercial Bank closed with 20,000 shares trading at $2.35, One Caribbean Media traded just 70 shares and ended at $21.48, Point Lisas Industrial Port Development traded 9,000 at $3.94 and West Indian Tobacco traded 650 shares to close at $126.36.
4 new lows on TTSE – Tuesday
Trading ended with 4 stocks closing at 52 weeks’ lows and 1 at a 52 weeks’ high as demand for stocks remain low on the Trinidad & Tobago Stock Exchange. The market close with 15 active securities changing hands on Tuesday with only 2 stocks gaining, 7 declining while 6 remained unchanged as trading as selling pressure continues in the market.
Trading ended with 459,414 shares valued at $5,306,087 changing hands. The Composite Index declined by 5.36 points to close at 1,119.31, the All T&T Index eased 10.31 points to close at 1,787.58 and the Cross Listed Index declined by 0.05 points to 59.92.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 stocks with the bid higher than the last selling prices and 8 with offers that were lower.
Gains| Trinidad and Tobago NGL gained 7 cents, to close at $19.62 with 4,461 shares trading and West Indian Tobacco traded 20,130 shares valued at $2,543,626 to close at 52 weeks’ high of $126.36 after rising 1 cent.
Losses| ANSA McAL lost 49 cents in trading 50 to close at 52 weeks’ low of $62.49, Firstcaribbean International Bank fell 1 cent to close at $6.51 with 965 shares, Massy Holdings lost $1.01 to close at 52 weeks’ low of $49.99 with 22,080 shares valued at $1,103,975 changing hands. National Enterprises contributed 26,828 shares with a value of $301,542 but lost 15 cents in closing at $11.20. One Caribbean Media lost 2 cents to close at $21.48 while trading 100 shares, 
Republic Financial fell to a 52 weeks’ low of $108.95 with a loss of 4 cents as 800 units changed hands and Scotiabank had 2,000 shares trading at $55 after falling $1.43 for a 52 weeks’ low.
Firm Trades| Clico Investment Fund traded 4,800 units at $22.60, Grace Kennedy closed at $5.15 with 160,000 shares traded, for a valued of $824,000, JMMB Group closed at 58 cents with 216,000 shares changing hands. National Flour Mills traded 100 shares at $2.30, Praetorian Property Mutual Fund traded 1,000 at $2.70 and Trinidad Cement traded 100 shares to end at $3.35.
