Massy Holdings — Page 170

Stocks still hitting lows on TTSE

June 24, 2016 by IC Insider.com

First Citizens. jumped $1.10 on TTSE on Friday

Trading on the Trinidad and Tobago Stock Exchange ended on Friday with two new 52 weeks’ lows on a day of moderate trading as 169,382 shares valued at $5,491,268 changed hands. At the close 16 securities traded with 4 gaining, 3 declining, while 9 remained unchanged.
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.

Filed Under: Stock Market, TTSE Market Tagged With: Angostura Holdings, Clico Investments Fund, Daily Trading, First Citizens, Guardian Holdings, Guardian Media, JMMB Group, Massy Holdings, National Flour Mills, Point Lisas, Republic Financial Holdings, Sagicor Financial Corporation, Scotiabank, Trading Activity, Trinidad and Tobago NGL, Trinidad Cement, TTSE$, West Indian Tobacco

3 new lows on TTSE – Thursday

June 23, 2016 by IC Insider.com

Trading on the Trinidad and Tobago Stock Exchange ended on Thursday with 3 new lows and one new 52 weeks’ high on a day of moderate trading. The market ended with 13 securities trading with, 3 securities gaining, 4 declining, while 6 remained unchanged, as 75,687 shares valued at $2,015,877 changed hands.
The Composite Index advanced by 0.32 points or to close at 1,127.79, the All T&T Index rose 0.64 points to close at 1,786.75 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 5 with offers that were lower, including Republic Holdings and National Enterprises with lower offers than the last selling price.
Gains| Ansa Merchant Bank gained 50 cents in trading 500 shares to close at a 52 weeks high of $40, Massy Holdings rose 76 cents to close at $55.75 with 6,916 shares with a value of $381,100, changing hands and Prestige Holdings ended with 203 shares changing hands to close by 2 cents t0 $10.95.
Losses| Ansa McAl traded 2,500 units at a 52 weeks’ low of $62.43 after falling 4 cents, National Enterprises closed with a loss of 2 cents as 16,967 shares changed hands at $10.98. Praetorian Property Mutual Fund contributed 20,000 shares to end at a 52 weeks’ low of $2.50 after falling by 20 cents and Republic Financial Holdings ended with 5,600 shares valued at $600,600 to close at a 52 weeks’ low of $107.25 with a loss of 14 cents.
Firm Trades| Angostura Holdings ended with 460 shares changing hands to end at $12.90, First Citizens Bank closed trading with 1,748 shares at $32.65, Guardian Holdings closed at $12.75 with 4,279 shares changing hands. National Flour ended with 3,300 shares changing hands to close at $2.30, Scotiabank closed at $53.85 with 6,342 shares valued at $341,517 traded and Trinidad and Tobago NGL closed at $22.25 with 6,872 units changing hands.

Filed Under: Stock Market, TTSE Market Tagged With: Angostura Holdings, Ansa Mcal, Ansa Merchant Bank, Daily Trading, First Citizens, Guardian Holdings, Massy Holdings, National Flour Mills, Praetorian Property Fund, Republic Financial Holdings, Scotiabank, Trading Activity, Trinidad and Tobago NGL, TTSE$

6 TTSE stocks fell 1 rose – Wednesday

June 22, 2016 by IC Insider.com

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.

Filed Under: Stock Market, TTSE Market Tagged With: Agostini's, Clico Investments Fund, Daily Trading, First Citizens, Guardian Holdings, Guardian Media, JMMB Group, Massy Holdings, National Flour Mills, Republic Financial Holdings, Sagicor Financial Corporation, Scotiabank, Trading Activity, Trinidad and Tobago NGL, Trinidad Cement, TTSE$, West Indian Tobacco

Major gains for TTSE stocks – Tuesday

June 21, 2016 by IC Insider.com

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Massy jumped TT$4.99 on the TTSE on Tuesday

Fresh from closing for the public holiday on Monday, trading on the Trinidad and Tobago Stock Exchange saw a major push in the main indices as big capitalized companies enjoyed healthy gains on Tuesday, with just 8 securities trading.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator is not confirming a turn around in the market just yet as it ended with 6 stocks with bids higher than their last selling prices and 9 with offers that were lower, including Republic Holdings and National Enterprises with lower offers than the last selling price.
Gains| First Citizens Bank price jumped $2.50 in trading 11,721 shares valued at $382,328 to close at $33.50, Massy Holdings leapt 10 percent with a gain of $4.99 to close at $55 with 6,479 shares with a value of $356,281, changing hands. Scotiabank jumped 85 cents to $53.85 as 3,004 shares were traded and Clico Investments ended with 22,400 shares carrying a value of $507.360 changing hands and gained 5 cents to close at $22.65. JMMB Group traded 286,213 shares and gained just 1 cent to close at 60 cents
The market closed on Tuesday with, 5 securities gaining, 2 declining stock, while 1 remained unchanged, as 335,562 shares valued at $1,633,062 changed hands.
The Composite Index advanced by 10.96 points or to close at 1,126.29,

the All T&T Index rose 21.78 points or 1.24 percent to close at 1,783.72 and the Cross Listed Index remained at 62.36.
Losses| Point Lisas closed at a 52 weeks’ low, with 100 shares trading to close at $3.69 after losing just 1 cent and Sagicor Financial Corporation traded 2,980 shares to end at $7.15 after falling 2 cents.
Firm Trades| Guardian Holdings closed at $12.80 with 2,665 shares changing hands.

Filed Under: Stock Market, TTSE Market Tagged With: Clico Investments Fund, Daily Trading, First Citizens, Grace Kennedy, Guardian Holdings, JMMB Group, Massy Holdings, Republic Financial Holdings, Sagicor Financial Corporation, Scotiabank, Trading Activity, TTSE$

3 rise no declines on TTSE – Friday

June 17, 2016 by IC Insider.com

Trading on the Trinidad and Tobago Stock Exchange closed on Friday with 10 active securities changing hands, 3 of which gained, there were no declining stocks, while 11 remained unchanged, as 473,677 shares valued at $8,728,602 changed hands.
The Composite Index gained 1.90 points to close at 1,115.33, the All T&T Index rose 2.51 points to close at 1,761.94 and the Cross Listed Index rose 0.17 to close at 62.36.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 6 stocks with bids higher than their last selling prices and 5 with offers that were lower.
Gains| Angostura Holdings traded 15,200 shares and rose 15 cents to end at $12.90, , Massy Holdings gained just 1 cent to close at $50.01 with 48,372 shares with a value of $2,418,624 changing hands and Sagicor Financial Corporation traded 22,926 shares to end at $7.17 with a rise of 17 cents
Firm Trades| Clico Investments ended with 163,994 shares carrying a value of $3,707,280 changing hands, to close at $22.60, First Citizens Bank traded 15,643 shares valued at $484,933 to close at $31, Firstcaribbean International Bank closed at $6.57 with 16,504 shares changing hands. Guardian Holdings closed at $12.80 with 7,619 shares changing hands, JMMB Group traded 34,400 shares to close at 59 cents, National Flour ended with 78,887 shares changing and closed at $2.30, National Enterprises closed with 37,610 shares valued at $413,710 changing hands at $11. Trinidad and Tobago NGL closed at $22.25 with 30,349 units valued at $675,265 changing hands, Republic Holdings ended with 18 shares to close at $107.43 and Scotia Investments traded 95 shares to end at $1.65 and West Indian Tobacco traded 2,060 shares at $126.28.

Filed Under: Stock Market, TTSE Market Tagged With: Angostura Holdings, Clico Investments Fund, Daily Trading, First Citizens, Firstcaribbean International Bank, Guardian Holdings, JMMB Group, Massy Holdings, National Flour Mills, Republic Financial Holdings, Sagicor Financial Corporation, Scotiabank, Trading Activity, Trinidad and Tobago NGL, TTSE$, West Indian Tobacco

Huge arbitrage between JSE stocks on TTSE

June 16, 2016 by IC Insider.com

Massy jumped TT$1.74 on the TTSE on Thursday

A huge arbitrage potential has now developed between Jamaican stocks listed on Trinidad and Tobago Stock Exchange with a 20 percent differential between the prices of the stocks in Jamaica and those in the twin island republic. The highest bid on National Commercial Bank stock is at $2.60 to buy 31,958 shares and the lowest offer at $2.75 to sell 55,000 units. The stock which sells in Jamaica at J$41.15 trades at J$49 in Trinidad, a huge difference of 19 percent, in contrast, the bid on Grace in Trinidad is TT$5.52 or Jamaican $105 while the stock trades in Jamaica at $125, there is no stock on offer in the twin island state.
JMMB Group trades at a 10 percent premium on the Trinidad Stock Exchange to the last traded price in Jamaica while Scotia Investments is trading at the equivalent of $31 versus $26 in Jamaica a 20 percent difference.
Trading on the Trinidad and Tobago Stock Exchange closed on Thursday with 10 active securities changing hands, 3 of which gained, 3 declined, while 4 remained unchanged, as 395,460 shares valued at $11,087,828 changed hands. At the close 1 stock ended at a 52 weeks’ low.
The Composite Index gained 1.18 points to close at 1,113.43, the All T&T Index rose 4.86 points to close at 1,759.43 and the Cross Listed Index fell 0.35 points to close at 61.19.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 6 stocks with bids higher than their last selling prices and 5 with offers that were lower.
Gains|First Citizens Bank traded 2,009 shares and gained 93 cents to close at $31, Massy Holdings leapt $1.74 to close at $50 with 8,580 shares with a value of $419,474 changing hands and Scotiabank traded 22,019 shares valued at $1,147,585 and jumped 90 cents to end at $53 .

Losses| National Commercial Bank traded 245,000 shares valued at $637,000, lost 5 cents, to close at $2.60, Republic Holdings ended with 76,222 shares with a value of $8,187,594 changing hands, but lost 5 cents in ending at a 52 weeks’ low of $107.43 and Trinidad and Tobago NGL fell 1 cent and closed at $22.25 with 18,730 units valued at $416,625 changing hands.
Firm Trades| Clico Investments ended with 3,500 shares changing hands, to close at $22.60, National Flour ended with 2,900 shares changing and closed at $2.30, National Enterprises closed with 4,000 shares changing hands at $11 and Sagicor Financial Corporation traded 12,500 shares to end at $7.

Filed Under: Stock Market, TTSE Market Tagged With: Clico Investments Fund, Daily Trading, First Citizens, Grace Kennedy, JMMB Group, Massy Holdings, National Flour Mills, Republic Financial Holdings, Sagicor Financial Corporation, Scotia, Scotiabank, Trading Activity, Trinidad and Tobago NGL, TTSE$

TTSE 6 stocks up 3 down on Wednesday

June 15, 2016 by IC Insider.com

NCB closed at a new 52 weeks’ high on the TTSE on Wednesday

Trading on the Trinidad and Tobago Stock Exchange closed on Wednesday with 16 active securities changing hands, 6 of which gained, 3 declined, while 7 remained unchanged, as 438,595 shares valued at $5,826,567 changed hands. At the close 2 stocks ended at 52 weeks’ highs.
The Composite Index gained 3.80 points to close at 1,112.25, the All T&T Index fell 0.27 points to close at 1,754.57 and the Cross Listed Index rose 1.08 to close at 62.54.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 stocks with bids higher than their last selling prices and 5 with offers that were lower.
Gains|First Citizens Bank traded 3,329 shares and gained 3 cents, to close at $30.07, Grace Kennedy traded 1,400 shares to gain 9 cents to end at a 52 weeks’ high of $5.49, Massy Holdings gained 6 cents to close at $48.26 with 1,000 shares changing hands. National Commercial Bank jumped 15 cents to close at a new high of $2.65 with 10,522 shares changing hands, Scotiabank traded 19,894 shares with a value of $1,035,555, to end at $52.10 after rising 9 cents and Trinidad and Tobago NGL closed at $22.26 with 5,050 units changing hands with a loss of 1 cent.
Losses| Clico Investments ended with 21,835 shares valued at $493,471 changing hands, after losing 1 cent to close at $22.60,

JMMB Group fell 1 cent in trading 1,000 shares to close at 59 cents and National Enterprises, the volume leader, ended with 339,015 shares changing hands, valued at $3,729,315, with the price falling 15 cents, to close at $11.
Firm Trades| Agostini’s closed with 1,500 shares at $17.05, Guardian Holdings ended with 5,901 shares changing hands in ending at $12.80, followed by National Flour Mills traded 25,813 shares at $2.30. One Caribbean Media traded 256 units at $21.29, Sagicor Financial Corporation traded 280 shares to end at $7, Scotia Investments traded 1,000 shares to close at $1.65 and West Indian Tobacco traded 800 shares to close at $126.28.

Filed Under: Stock Market, TTSE Market Tagged With: Agostini's, Clico Investments Fund, First Citizens, Grace Kennedy, JMMB Group, Massy Holdings, National Enterprises, National Flour Mills, One Caribbean Media, Sagicor Financial Corporation, Scotiabank, Trinidad and Tobago NGL, Trinidad Cement, West Indian Tobacco

TTSE stocks record gains – Tuesday

June 14, 2016 by IC Insider.com

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.

Filed Under: Stock Market, TTSE Market Tagged With: Clico Investments Fund, First Citizens, Grace Kennedy, Guardian Media, JMMB Group, Massy Holdings, National Flour Mills, Republic Financial Holdings, Sagicor Financial Corporation, Scotiabank, Trinidad and Tobago NGL, Trinidad Cement, West Indian Tobacco

New highs & lows for TTSE stocks – Wednesday

June 8, 2016 by IC Insider.com

NCB ended at a 52 weeks’ high on TTSE and is poised to move higher.

Trading on the Trinidad and Tobago Stock Exchange closed on Wednesday with 14 active securities changing hands, 4 of which gained, 7 declined while 3 remained unchanged, as 252,459 shares valued at $4,107,442 changed hands. At the close 1 stock ended at 52 weeks’ high and 2 at 52 weeks’ lows.
The Composite Index fell 0.04 points to close at 1,109.75, the All T&T Index fell 0.76 points to close at 1,758.64 and the Cross Listed Index rose 0.09 points to end at 61.20.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 4 stocks with bids higher than their last selling prices and 7 with offers that were lower.
Gains| Massy Holdings put on 1 cent and closed at $48.17 in trading 400 shares, National Commercial Bank (NCB) rose by 2 cents, in trading 1,200 shares at $2.47, for a 52 week’s closing high. NCB price seems set to rise further with bid at $2.48 to buy 165,344 shares and the offer at $2.75 to sell 55,000 units. National Flour ended with 5,760 shares changing with a gain of 1 cent at $2.22. Sentiment benefitted from the rise in the price of oil on the world market, resulting in investors pushed Trinidad and Tobago NGL up 44 cents, to close at $21.50 with 34,013 units valued at $725,503 changing hands.
Losses| Angostura Holdings fell by 14 cents and closed at $12.75, with 3,454 units changing hands, Guardian Holdings lost 1 cent to close at $12.84 with 275 shares changing hands, JMMB Group traded 68,179 shares and lost 1 cent to end at 60 cents.

Point Lisas traded 32,319 shares and closed with a loss of 10 cents at a 52 weeks’ low of $3.70, Prestige Holdings with 5,447 units changing hands ended at $11.11 to record a loss of 19 cents. Scotiabank lost 18 cents in trading 38,080 units for a value of $2,023,860 to end at 52 week’s Low of $53.10 and West Indian Tobacco traded 424 units with a loss of 2 cents to close at $126.28.
Firm Trades| Clico Investments ended with 3,901 shares changing hands at $22.65, First Citizens had 21,481 shares changing hands to close at $30 and Sagicor Financial Corporation with 37,526 shares changing hands for a value of $267,936, closed at $7.14.

Filed Under: Feature Stories, Stock Market, TTSE Market Tagged With: Angostura Holdings, Clico Investments Fund, Daily Trading, First Citizens, JMMB Group, Massy Holdings, National Commercial Bank, National Flour Mills, NCB, Point Lisas, Prestige Holdings, Sagicor Financial Corporation, Scotiabank, Trading Activity, Trinidad and Tobago NGL, TTSE$

TTSE stocks rise slightly – Tuesday

June 7, 2016 by IC Insider.com

Trading on the Trinidad and Tobago Stock Exchange closed on Tuesday on a slightly positive note. The market closed with 11 active securities changing hands, 3 of which gained, 1 declined while 7 remained unchanged, as 269,455 shares valued at $2,604,495 changed hands.
The Composite Index advanced by 0.11 points to close at 1,109.79, the All T&T Index fell 0.23 points to close at 1,759.40 and the Cross Listed Index remained at 61.20 points. The market ended with 1 stock closing at 52 weeks’ high.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 stocks with bids higher than their last selling prices and 7 with offers that were lower.
Gains| JMMB Group traded 4,220 shares and gained 1 cent to end at 61 cents, National Enterprises traded 3,085 shares and closed with a gain of 1 cent at $11.15.and Trinidad and Tobago NGL gained 6 cents to close at $21.06 with 250 units changing hands.
Losses| Scotiabank lost 1 cent in trading 2,500 units to end at 52 week’s Low of $53.28.
Firm Trades| Ansa Merchant Bank traded 1,176 shares at $39.50, Clico Investments ended with 183 shares changing hands at $22.65, First Citizens had 1,121 shares changing hands to close at $30, Massy Holdings closed at $48.16 in trading 6,837 shares with a value of $329,270. One Caribbean Media had 4,000 shares changing hands at $21.29, Sagicor Financial Corporation lead with 244,628 shares changing hands for a value of $1,746,644 to close at $7.14 and West Indian Tobacco traded 1,455 units at $126.30.