Massy drops 4.5% in 2 days

Massy Holdings drops sharply on Thursday again.

Massy Holdings drops sharply on Thursday again.

Trading on the Trinidad Stock Exchange resulted Massy Holdings falling sharply again on Thursday, bringing the loss in two days to 4.5 percent. Only 1 stock gained out of the 16 securities changing hands, 4 declined and 11 traded firm with a total of only 236,701 units, valued at $3,551,877 trading.
At the close of the market, the Composite Index declined by 2.61 points to close at 1,146.08, the All T&T Index fell by 2.70 points to close at 1,978.17 and the Cross Listed Index lost 0.33 points to close at 41.11.
Gains| Trinidad Cement traded 14,847 shares to close at $2.33.
Declines| The stocks declining at the end of trading are, First Citizens Bank with 340 shares trading closed at $35.95 down 5 cents, Massy Holdings trading 7,990 shares, closed with a lost $1.26 on top of the $1.75 lost on Wednesday to close at $63.99 for a new 52 weeks’ low. National Commercial Bank lost 3 cents to $1.16 as 15,000 units changed hands, Sagicor Financial traded 27,485 units to lose 15 cents at $5.20, a new 52 weeks’ low.
TTSe 5-2-15 Firm Trades| Stocks closing with prices unchanged at the end of trading are, ANSA McAl trading 1,015 units and closed at $66.77, Clico Investment Fund trading 117,014 shares with a value of $2,660,116 to end at $22.75. Grace Kennedy ended at $3.65 while trading 3,975 shares, Guardian Holdings ended trading with 5,804 units trading at $13.20, Guardian Media closed trading at $19.75 while 3,260 shares were traded, Jamaica Money Market Brokers traded 7,500 units at 40 cents. National Flour traded 32,750 shares and closed at $1.45, One Caribbean Media traded 1,071 units at $23.95 and Scotiabank traded 800 shares to close at $62, LJ Williams B share ended trading in 100 units at 99 cents and the company’s A share traded 500 units at 29 cents.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator is reflecting a negative reading and now shows 4 stocks with the bid higher than their last selling prices and 5 stocks with offers that are lower.

1 rose 5 fell as TTSE weakens

Trading on the Trinidad Stock Exchange ended with 11 securities changing hands of which one advanced, 5 declined and 5 traded firm with a total of 49,273 units, valued at $557,750.
TTSE 29-1-15At the close of the market, the Composite Index lost 0.45 points to close at 1,150.00, the All T&T Index fell by 0.91 points to close at 1,983.99 and the Cross Listed Index remained at 41.37.
Gains| National Flour Mills with 16,479 shares changing hands closed 9 cent higher at $1.35 and is the sole stock gaining on Thursday.
Declines| The stocks declining at the end of trading are, Angostura Holdings trading 413 shares for a 2 cents fall, to close at $1.98. Guardian Holdings contributed 9,427 shares with a value of $124,928, to close 1 cent down, at $13.25, the price of Guardian Media shares declined by 1 cent to close at $19.75, with just 100 shares changing hands. Massy Holdings suffered a loss of 47 cents to close at $67.50 with 300 units and Republic Bank traded only 16 shares to close with a loss of 1 of cent at $118.74.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, ANSA Mcal contributing 762 shares to end at $66.75, Ansa Merchant Bank closing unchanged at $38.90, while just 73 units changed hands. First Citizens Bank added 6,241 shares valued at $224,716 to close at $36.01, One Caribbean Media closed with 3,086 shares trading to close at $23.95 and Trinidad Cement closed at $2.25 while 12,376 shares traded.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator remained negative with only 2 stocks with the bid higher than their last selling prices and 6 stocks with offers that were lower.

5 stocks fell on Thursday on TTSE

WITCO closed at a new 52 weeks' high of $122 on Thursday

WITCO closed at a new 52 weeks’ high of $122 on Thursday

Trading on the Trinidad Stock Exchange ended on Thursday with 12 securities changing hands of which 3 advanced, 5 declined and 4 traded firm, with a total of 175,591 units, valued at $2,950,917.
At the close of the market, the Composite Index lost 0.93 points to close at 1,151.64, the All T&T Index fell 1.85 points to close at 1,985.80 and the Cross Listed Index remained at 41.57.
Gains| Stocks increasing in price at the close are, Guardian Media with 63,036 shares trading for $1,245,591, gaining 1 cent, to end at $19.75. Prestige Holdings trading 1,000 shares and gained 1 cent to close at $9.61 and West Indian Tobacco added 4,780 shares valued at $583,160 while gaining 57 cents, to end at $122, a new 52 weeks’ high.
Declines| The stocks declining at the end of trading are, Clico Investment Fund traded 16,275 shares valued at $381,991 and declined by 4 cents to $23.45. First Citizens Bank traded 1,318 shares and lost 1 cents to close at $36.49, conversely, Massy Holdings traded 75 shares and lost 6 cents at $67.97, National Enterprises with 1,000 shares traded at $17.34, closed with 3 cents decline and Republic Bank suffered a loss, of 68 cents to close at $118.90 while trading 2,160 units.
TTSE 22-1-15fn Firm Trades| Stocks closing with prices unchanged at the end of trading are, ANSA McAL contributing 5,336 shares with a value of $354,951, to close at $66.52. Firstcaribbean International Bank exchanged 1,000 shares at $5.02 each, Guardian Holdings traded 345 shares to end at $13.26. Jamaica Money Market Brokers ended with 78,766 shares changing hands, to close at 43 cents, followed by.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than their last selling prices and 3 stocks with offers that were lower.

Is TTSE sensing economic problems?

TTSE Building2_280x150At the close of trading on the Trinidad Stock Exchange on Friday, there were more stocks being offered for sale below their last selling prices than those that had bids higher than the last prices, the gap is relatively wide, reflecting negative market sentiments. This is one of, if not the worst reading this data is showing, since its tracking by IC insider.com. Is this an indication that investors are starting to sense problems down the road for the Trinidad economy, with the price of oil and gas having collapsed?
At the market’s close, there were 16 securities that changed hands, 3 advanced, 2 declined and 11 traded firm, with a total of 123,245 units, valued at $2,890,199 trading. The Composite Index rose 0.49 points to close at 1,151.20, the All T&T Index rose by 0.98 points to close at 1,982.73 and the Cross Listed Index remained at 41.86.
Gains| Stocks increasing in price at the close are, National Flour Mills ended with 2,960 units trading, at $1.20 for 1 cent gain, Scotiabank gained 25 cents to end the day at $62.25 as it traded 1,175 units, Unilever Caribbean traded only 100 shares but gained 6 cents to end at $64.57, a new 52 weeks’ high.
Declines| The stocks declining at the end of trading are, First Citizens Bank traded 2,346 shares to close with the loss of 1 cent at $37.64 and Massy Holdings with a volume of 5,902 shares being traded for $402,491 to close 3 cent lower at $68.18.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Angostura Holdings with 200 shares closed at $14, ANSA Mcal closed at $66.51 after trading 1,060 units, Clico Investment Fund traded 30,072 shares valued at $706,435 and declined by 1 cent to end at $23.50.
TTSE 9-1-15 Firstcaribbean International Bank traded 500 units at $5, Guardian Holdings trading 1,270 shares at $13.25. Guardian Media closed at $19.75 with 1,100 shares changing hands, Jamaica Money Market Brokers contributed 4,406 shares in trading at 44 cents. National Commercial Bank ended trading with just 1,000 shares at $1.17, One Caribbean Media with 67,669 shares changing hands for a value of $1,488,721 to close at $22, Point Lisas Industrial Port with 300 shares changing hands closed with at $3.75 while Scotia Investments added 3,185 shares at $1.45.
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 7 stocks with offers that were lower. These numbers contrast with 4 to 2 on Thursday.

Scotia ends at $62 on TTSE

ScotiaBank Falmth crp In trading on the Trinidad Stock Exchange, Scotiabank climbed to $62 to be the stock with the highest gain at the close. Trading resulted in 18 securities changing hands, at the close on Tuesday, of which 4 advanced, 4 declined and 10 traded firm, with a total of 385,169 units, valued at $8,973,527 trading.
At the close of the market, the Composite Index rose 1.04 points to close at 1,152.11, the All T&T Index rose fell by 1.86 points to close at 1,985.23 and the Cross Listed Index increased by a 0.03 points to end at 41.77.
Gains| Stocks increasing in price at the close are, ANSA McAL traded 4,098 units at $66.50 while gaining 5 cents. Jamaica Money Market Brokers added 27,400 shares at 44 cents to gain a cent, National Flour with 11,495 shares advanced by 2 cents to end at $1.18 and Scotiabank jumped 48 to end the day at $62 with 3,264 shares changing hands.
Declines| The stocks declining at the end of trading are, First Citizens Bank lost 4 cents in trading 20 shares and closed at $37.03. Massy Holdings with 95,095 shares traded for $6,487,335, closed at $68.22 with a 1 cent loss, National Enterprises had 773 shares changing hands at $17.42, down a cent and Readymix with 156 shares traded at a loss of 1 cent to close at $18.79.
TTSE 6-1-15 Firm Trades| Stocks closing with prices unchanged at the end of trading are, Agostini’s exchanged 288 shares at $17.50 each, Ansa Merchant Bank traded 200 shares at $39.45, Clico Investment Fund traded 59,367 shares valued at $1,395,125, to close at $23.50, Guardian Holdings traded 8,008 shares to close at $13.25. Guardian Media closed with 652 units trading at $19.75. National Commercial Bank with 105,000 shares changing hands for a value of $120,800 and ended at $1.15, One Caribbean Media closed at $25 with 5,031 units trading, Point Lisas Industrial Port with 2,500 shares ended at $3.75, Sagicor Financial Corporation traded 8,970 shares to close at $5.95 and Trinidad Cement contributed 52,852 shares with a value of $132,130 to close at $2.50.
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 1 stock with the offer that was lower.

TTSE starts 2015 slightly up

West Indian Tobacco traded 122,699 shares with a value of $14,888,215 was the largest trade on Friday.

West Indian Tobacco traded 122,699 shares with a value of $14,888,215 for the largest trade on Friday.

Trading on the Trinidad Stock Exchange started 2015 on a positive note with First Citizens Bank and West Indian Tobacco traded heavily. The market closed with 12 securities changing hands of which 4 advanced, 1 declined and 7 traded firm, with a total of 662,795 units, valued at $29,888,487 trading.
At the close of the market, the Composite Index rose just 0.10 points to close at 1,151.01, the All T&T Index rose by a mere 0.08 points to close at 1,983.26 and the Cross Listed Index increased by 0.02 points to 41.74.
Gains| Stocks increasing in price at the close are, Clico Investment Fund, posting a gain of 43 cents, to end at $23.50, for a new 52 weeks’ high, with 28,703 shares trading at $673,441. First Citizens Bank with 375,312 shares changing hands for a value of $13,912,734 to close with a gain of 1 cent at $37.07, Unilever Caribbean traded 1,050 shares at $64.51 with a gain of 1 cent and West Indian Tobacco with a volume of 122,699 shares traded for $14,888,215, ended at $121.34, up by a cent.
TTSE 2-12-15 Declines| Guardian Media suffered a fall of 2 cents to end the day at $19.75 with 3,397 shares trading and was the sole stock falling.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Grace Kennedy trading 11,000 shares to close at $3.65, Massy Holdings with 79 shares trading at $68.25, National Commercial Bank traded 34,700 shares at $1.15, National Enterprises had 1,000 units trading at $17.42. National Flour with 28,724 shares advanced by 1 cent to end at $1.16, Sagicor Financial Corporation traded 823 shares to close at $5.95 and Trinidad Cement contributed 55,308 shares with a value of $138,270 to close at $2.50
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator showed 4 stocks with the bid higher than their last selling prices and 1 with the offer lower.

Republic dominates TTSE with $28m

Republic_bank Trading on the Trinidad Stock Exchange closed with 13 securities changing hands of which 2 advanced, 4 declined and 7 traded firm with a total of 580,242 units, valued at $30,195,905 but Republic Bank was the star attraction accounting for the largest trade in monetary terms, accounting for $27.8 million of the total amount traded on Thursday.
At the close of the market, the Composite Index rose 0.77 points to close at 1,144.74, the All T&T Index gained 1.54 points to close at 1,978.29 and the Cross Listed Index remained at 40.73.
Gains| Stocks increasing in price at the close are Angostura Holdings climbed 50 cents to end at $13.50, for a 52 weeks’ high and Clico Investment Fund with 74,460 shares valued at $1,712,590 gained 1 cent to end at $23.01.
Declines| The stocks declining at the end of trading are, Jamaica Money Market Brokers with 239,457 shares changing hands, for $97,698 and closed with 1 cent decline at 40 cents. National Flour Mills added 8,404 shares at $1.15 after losing a cent followed by Republic Bank that traded 232,666 shares for $27,861,754 but lost 1 cent to end at $119.75 and Unilever Caribbean 100 Shares at $64.50 after losing 1 cent.
TTSE 18-12-14 Firm Trades| Stocks closing with prices unchanged at the end of trading are, First Citizens Bank with 7,823 shares ended at $37, Grace Kennedy traded 2,620 units at $3.75, Guardian Holdings contributed 10,387 shares with a value of $137,629, to end at $13.25. Guardian Media with 957 shares, closed at $19.77, Massy Holdings traded 35 shares at $68, National Enterprises had only 10 shares changing hands at $17.49 and 1,000 L.J. Williams B shares traded at 90 cents.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.

10 stocks rose, Scotia back at $60

scotiabankBuilding150x150 Trading on the Trinidad Stock Exchange ended with Scotiabank back at $60 on Friday having been recovering from 2014 low of $57.98 The market closed with 15 securities changing hands of which 10 advanced, only 2 declined and 3 traded firm with a total of 665,948 units, valued at $14,698,687. At the end of trading there were 3 new 52 weeks’ high and one low.
At the close of the market, the Composite Index lost 3.01 points to close at 1,141.65, the All T&T Index rose 2.24 points to close at 1,973.67 and the Cross Listed Index fell 1.11 points to end at 40.52.
Gains| Stocks increasing in price at the close are, Angostura Holdings in trading 4,500 shares, 4 cents higher at $12.82. Ansa Merchant Bank with 2,000 shares traded, closed with 2 cents gain at $39.44, for a 52 weeks’ high, ANSA Mcal had 1,565 shares traded, and closed 2 cents higher at $66.39, First Citizens Bank traded 1,875 shares to close at $36.87 by gaining 1 cent. Guardian Media with 30,200 shares valued at $597,054 to end at $19.78. National Enterprises contributed 18,009 shares with a value of $313,717 as the price closed at $17.50, for a gain of 8 cents, BUY RATED National Flour Mills contributed 100,000 shares with a value of $115,000 while gaining 5 cents, to end at $1.15. Prestige Holdings traded 1,000 shares to close 1 cent higher at $9.57, for a 52 weeks’ high. IC Insider BUY RATED Scotiabank, gained 55 cents, to end the day at $60, while trading 4,500 shares valued $270,000 and BUY RATED West Indian Tobacco added 31,242 shares valued at $3,789,342 to end at $121.29 up by 3 cents a new 52 weeks’ high.
Declines| The stocks declining at the end of trading are, Firstcaribbean International Bank with 3,100 shares suffered a loss, of 25 cents to close at $4.75 a new 52 weeks’ low and Trinidad Cement lost 5 cents to end at $2.55 with 114,825 shares traded for $292,719.
TTSE sum 12-12-14 Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund with 71,628 shares valued at $1,648,160, remained at $23.01, Massy Holdings traded 6,333 shares valued at $466,284 to close at $68.24, and One Caribbean Media had 275,171 shares changing hands for a value of $6,906,687 and ended at $25.10.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than their last selling prices and only 1 stock with a lower offer.

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.

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.