Mixed trading results for Trinidad stocks

Market activity ended on the Trinidad and Tobago Stock Exchange on Thursday, with a 237 percent greater volume of stocks traded from a 16 percent fall in value on Wednesday. Similar to  Wednesday 15 securities were exchanged on Thursday, with prices of seven rising, three declining and five remaining unchanged.
Investors traded 1,737,000 shares for $8,045,167 verusus 515,843 stock units at $9,566,308 on Wednesday.
An average of 115,800 shares were traded for $536,344 versus 34,390 units at $637,785 on Wednesday. Trading month to date averaged 56,960 shares at $446,237 compared with 23,015 units at $394,252 on the previous day. The average trade for December amounts to 42,745 shares at $474,822.
The Composite Index rose 6.67 points to 1,332.47, the All T&T Index lost 0.53 points to end at 1,995.28 and the Cross-Listed Index climbed 2.01 points to 87.23.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s remained at $50 after 314 shares passed through the exchange,Angostura Holdings gained 40 cents to close at $23.50 after an exchange of six stock units, Ansa McAl advanced 35 cents in closing at $51.85, with 13 stocks changing hands. First Citizens Group dipped 10 cents to end at $50 after a transfer of 1,235 units, FirstCaribbean International Bank rose 55 cents to $5.70 in an exchange of 40 units, GraceKennedy popped 20 cents to $4.70 in trading 46 shares. Guardian Media ended at $2.94 as investors exchanged 50 stocks, JMMB Group popped 3 cents to $1.94 with investors exchanging 10,820 stock units, Massy Holdings declined 10 cents to $4.50, with 1,588,735 stock units changing hands. National Enterprises ended at $3.60 with an exchange of 100,531 units, Prestige Holdings popped 52 cents to $6.80 after an exchange of 21,661 stocks, Republic Financial rallied $2.10 to $138.50 in switching ownership of 201 shares. Trinidad & Tobago NGL lost 21 cents in closing at $23 while 7,539 units passed through the market, Unilever Caribbean remained at $12.80 and finishing with 1,085 stock units changing hands and West Indian Tobacco ended at $22 in trading 4,724 shares.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

TTSE dips on second trading day of 2023

Stocks prices eased on the second trading day of the new year on the Trinidad and Tobago Stock Exchange on Wednesday, following a 525 percent rise in the volume of stocks traded worth 1,299 percent more than on Tuesday as 15 securities were exchanged compared with 11 on Tuesday, with prices of four stocks rising, seven declining and four remaining unchanged.
Investors traded 515,843 shares for $9,566,779 versus 82,534 stock units at $683,762 on Tuesday.
An average of 34,390 units were traded at $637,754 compared with 7,503 shares at $62,160 on Tuesday, with trading month to date averaging 23,015 shares at $394,213 on the previous day. The average trade for December amounts to 42,745 at $474,822.
The Composite Index fell 8.14 points to 1,325.80 the All T&T Index shed 6.24 points to 1,995.81 and the Cross-Listed Index lost 1.42 points to close at 85.22.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s ended at $50 as 2,937 shares passed through the market, Angostura Holdings dropped 60 cents in closing at $23.10 after exchanging 5,000 units, CinemaOne rose 21 cents to $8.41 with 56 stock units crossing the market. First Citizens Group declined $1.90 to $50.10 in switching ownership of 144,465 stocks, GraceKennedy slipped 1 cent to close at $4.50, with 101,190 units crossing the exchange, JMMB Group shed 1 cent in closing at $1.91 with investors transferring 38,308 shares. Massy Holdings gained 10 cents in ending at $4.60 after an exchange of 82,934 stock units, National Enterprises remained at $3.60 with a transfer of 110,404 stocks, National Flour Mills advanced 4 cents to end at $1.54 with an exchange of 1,600 stocks. NCB Financial lost 24 cents to close at $4.50, with 10,300 stock units clearing the market, Prestige Holdings popped 1 cent in closing at $6.28 in an exchange of 9,818 shares, Republic Financial dipped $2.60 to $136.40 and closed with 4,034 units changing hands. Scotiabank dipped 30 cents to close at $78 after a transfer of 90 stocks, Unilever Caribbean ended at $12.80 while exchanging 205 stock units and West Indian Tobacco remained at $22 in trading 4,502 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Stocks start the new year mixed on TTSE

Stocks commenced the new year with slightly mixed results on the first day of trading for the new year on the Trinidad and Tobago Stock Exchange on Tuesday, after the volume of stocks traded declined 89 percent with the value 90 percent lower than on Friday resulting in 11 securities trading down from 17 on Friday, with four stocks rising, two declining and five remaining unchanged.
Investors exchanged just 82,534 shares for $683,762 down sharply from 757,469 stock units at $7,117,065 on Friday. An average of 7,503 units were traded at $62,160 compared to 44,557 shares at $418,651 on Friday. The average trade for December was 42,745 at $474,822.
The Composite Index rose 1.79 points to 1,333.94, the All T&T Index declined 5.75 points to 2,002.05 and the Cross-Listed Index increased 1.38 points to close at 86.64.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s remained at $50 in switching ownership of 100 shares, Angostura Holdings fell 30 cents in ending at $23.70 with a transfer of 75 stock units, First Citizens Group ended at $52 after 1,680 stocks crossed the market. GraceKennedy popped 2 cents to end at $4.51, with 16,017 units clearing the market, Massy Holdings ended at $4.50 with 18,580 stocks trading, National Enterprises added 20 cents to close at $3.60, with16,425 stock units crossing the exchange. NCB Financial rallied 18 cents to end at $4.74 after just one unit passed through the market, One Caribbean Media remained at $3.30 after an exchange of 15,000 shares, Scotiabank ended at $78.30 while exchanging 301 shares. Unilever Caribbean slipped 9 cents in closing at $12.80 after a transfer of 133 units and West Indian Tobacco rose $1 to close at $22 in exchanging 14,222 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Profits saved JSE Main Market from 2022 collapse

A likely 6 percent growth in Jamaica’s economy in 2022 helped several Main Market stocks to overcome a sharp rise in interest rates to record gains between two and 82 percent after the Jamaica Stock Exchange started 2022 tentatively, with the market index gaining just two percent at its peak in mid-May after which the JSE Main Index dropped 10.2 percent for the year as Bank of Jamaica pushed interest rates higher during the year.
The first real sign of change in the market was after investors pushed Treasury bills rates to peak in April, seven months before the country’s central did. Stock prices started to slip in May, sending the market into reverse from then until year end, except for the last two weeks when there was a near 6 percent rebound.
Although the market declined for the year, the market ended the year with gains in 22 stocks, compared with 25 losers that fell from 3 percent to 40 percent, with Salada Foods being the worst performer, following a 38 percent fall in NCB Financial despite profit jumping sharply over that of 2021. The group recorded huge unrealised investment losses net of gains that wiped out the traditionally reported profit of $40 billion and left a deficit of $7.6 billion for the fiscal year that reduced shareholders’ equity from $161.5 billion to $149.5 billion, and resulted in continued dividend suspension, that may have encouraged more pressure on the stock than usual. Massy Holdings and VM Investments both declined by 35 percent for the year. 1834 Investments was the top stock resulting from its acquisition by Radio Jamaica, productive Business Solutions delivered gains of 64 percent, followed by Supreme Ventures, with 62 percent, both flowing from solid increases in profit for the period to September last year.

Trinidad stocks fall 3.7% for 2022

The Trinidad and Tobago Stock Exchange closed out 2022 on Friday with a modest rise with the Composite Index slipping 1.70 points to 1,332.15, for a fall of 11 percent for the year. the All T&T Index increased 0.46 points to 2,007.80 to end the year with a decline of 3.7 percent and the Cross-Listed Index fell 0.56 points to settle at 85.26 and declining 29.9 percent for the year.
The market closed with the volume of stocks traded rising 53 percent, with the value 12 percent more than on Thursday resulting in 17 securities trading compared with 20 on Thursday, with seven stocks rising, five declining and five remaining unchanged.
Investors traded 757,469 shares for $7,117,065 up from 494,036 stock units at $6,344,529 on Thursday.
An average of 44,557 units were traded at $418,651 compared to 24,702 shares at $317,226 on Thursday, with trading month to date averaging 42,745 shares at $474,822 versus 42,660 units at $477,489 on the previous day. The average trade for November amounts to 51,348 at $461,794.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s remained at $50 with an exchange of 5,177 shares, Calypso Macro Investment Fund ended at $21.15 with investors transferring 1,110 stock units, CinemaOne added 95 cents to close at a 52 weeks’ high of $8.20 in switching ownership of 14 stocks. Clico Investment Fund rallied $1 to end at $28 with 95,917 units crossing the market, First Citizens Group declined 22 cents to $52 as investors exchanged 6,802 stock units, FirstCaribbean International Bank dipped 65 cents to $5.15 after an exchange of 54,591 shares. GraceKennedy popped 29 cents to close at $4.49, with 550 units changing hands, Guardian Holdings climbed 16 cents in closing at $27.15, with 7,445 stocks crossing the exchange, JMMB Group ended at $1.92, with 66,001 units clearing the market. Massy Holdings remained at $4.50 after an exchange of 469,121 shares, NCB Financial rose 5 cents in closing at $4.56 with 34,000 stock units changing hands, Prestige Holdings gained 17 cents to $6.27 after a transfer of 1,190 stocks. Republic Financial popped 1 cent to $139 in trading 4,830 stocks, Scotiabank shed 9 cents to close at $78.30 as 1,564 units passed through the market, Trinidad & Tobago NGL dropped 29 cents to end at $23.21 with a transfer of 4,240 shares. Trinidad Cement remained at $3.90 in an exchange of 1,000 stock units and Unilever Caribbean fell 1 cent in closing at $12.89 after 3,917 units were traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Big Trinidad fall

The Trinidad and Tobago Stock Exchange closed sharply lower on Thursday, with the Composite Index declining 17.35 points to 1,333.85, the All T&T Index dropping 32.46 points to 2,007.34 and the Cross-Listed Index dipping 0.17 points to settle at 85.82 as Ansa McAl suffered a big loss, with the volume of stocks traded declining 33 percent with a 61 percent lower value than on Wednesday resulting in 20 securities trading compared with 23 on Wednesday, with five stocks rising, eight declining and seven remaining unchanged.
Investors traded 494,036 shares for $6,344,529 versus 740,203 stocks at $16,479,131 on Wednesday.
An average of 24,702 shares were exchnaged at $317,226 down from 32,183 stocks at $716,484 on Wednesday, Trading month to date averages 42,660 shares at $477,489 compared to 43,719 stock units at $486,944 on the previous day. The average trade for November ended at 51,348 units at $461,794.
The Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s ended at $50 after trading 1,544 shares, Angostura Holdings remained at $24 as investors exchanged 9,176 units, Ansa McAl fell $7.50 to $51.50 after a transfer of 3,000 stock units. Clico Investment Fund shed $2 to end at $27 in switching ownership of 96,017 stocks, First Citizens Group popped 22 cents to $52.22 after an exchange of 3,939 units, FirstCaribbean International Bank ended at $5.80 in an exchange of 15,000 stocks. Guardian Holdings dropped 36 cents to $26.99 and closed with 9,668 shares changing hands, JMMB Group popped 1 cent in closing at $1.92 in trading 640 stock units, L.J. Williams B share ended at $2.35 with one share crossing the market. Massy Holdings closed trading at $4.50, with 193,700 shares changing hands, National Enterprises advanced 13 cents to close at $3.40 with a transfer of 27,126 stock units, National Flour Mills dipped 10 cents to $1.50 with 12,880 stocks clearing the market. NCB Financial declined 4 cents to $4.51 as 76,190 units passed through the market, Point Lisas gained 31 cents in ending at $3.50 while exchanging 362 shares, Republic Financial lost 1 cent to close at $138.99 with an exchange of 2,070 stock units. Scotiabank ended at $78.39 after 6,740 stocks were traded, Trinidad & Tobago NGL fell 47 cents to $23.50 with investors transferring 20,483 units, Trinidad Cement ended at $3.90, with 12,500 shares crossing the exchange. Unilever Caribbean rallied 1 cent to $12.90 with the swapping of 1,000 stocks and West Indian Tobacco shed $1 to close at a 52 weeks’ low of $21 in exchanging 2,000 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Sharp jump for major stocks on Trinidad Exchange

Trading bounced sharply on Wednesday on the Trinidad and Tobago Stock Exchange, following the closure of the market for the long Christmas break, with a 182 percent rise in the volume of stocks traded as the value surged 255 percent more than on Friday, resulting in the trading of 23 securities up from 16 on Friday, with prices of seven rising, nine declining and seven remaining unchanged, resulting in a big jump in the main indices as prices of Ansa McAl, Republic Financial, Trinidad & Tobago NGL and Clico Investment jumped more than $1.
The Composite Index climbed 20.41 points to 1,351.20, the All T&T Index jumped 38.67 points to 2,039.80 and the Cross-Listed Index popped 0.12 points to settle at 85.99.
Investors traded 740,203 shares for $16,479,131 up from 262,773 units at $4,643,397 on Friday. An average of 32,183 units were traded at $716,484 compared to 16,423 shares at $290,212 on Friday. Trading month to date averages 43,719 shares at $486,944 versus 44,559 units at $470,237 on the previous trading day. The average trade for November amounts to 51,348 at $461,794.
Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Ansa McAl jumped $7.50 in closing at $59, with 167 shares clearing the market, Ansa Merchant Bank dropped $1 to end at $44 after 529 stocks cleared the market, Calypso Macro Investment Fund fell 35 cents to $21.15 after a transfer of 67 units. CinemaOne remained at $7.25, with 108 stock units changing hands, Clico Investment Fund rose $1.44 in ending at $29, with 341,952 stock units crossing the market, First Citizens Group ended at $52 after an exchange of 3,321 stocks. FirstCaribbean International Bank increased 10 cents to $5.80 in switching ownership of 100 units, GraceKennedy declined 30 cents to $4.20 in an exchange of 383 shares, Guardian Holdings gained 34 cents to end at $27.35 after 172 stock units were traded. JMMB Group dipped 4 cents to $1.91 with 1,050 stocks changing hands, L.J. Williams B share shed 40 cents in ending at $2.35, with 554 units crossing the exchange, Massy Holdings ended at $4.50 with a transfer of 7,798 shares. National Enterprises ended at $3.27 after exchanging 180,000 stock units, National Flour Mills ended at $1.60 with the swapping of 10 shares, NCB Financial slipped 1 cent to close at $4.55 with investors transferring 4,530 units. One Caribbean Media fell 39 cents to a 52 weeks’ low of $3.30 with an exchange of 300 stocks, Point Lisas shed 31 cents in closing at $3.19, with 306 units crossing the market, Prestige Holdings dipped 50 cents in ending at $6.10 after an exchange of 1,510 stocks. Republic Financial popped $2.60 to close at $139 as investors exchanged 203 shares, Scotiabank advanced 20 cents to end at $78.39 in trading 25,884 stock units, Trinidad & Tobago NGL rallied $1.77 to a 52 weeks’ high of $23.97 as 82,590 stock units passed through the market. Unilever Caribbean remained at $12.89 with an exchange of 626 stocks and West Indian Tobacco remained at $22 after 88,043 units crossed the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading dives sharply on TTSE

Trading activity dived on the Trinidad and Tobago Stock Exchange on Friday, with the volume of stocks traded declining 74 percent compared to Thursday with a 67 percent fall in value, resulting in 16 securities trading down from 19 on Thursday, with prices of two rising, four declining and ten remaining unchanged.
Investors exchanged only 262,773 shares for $4,642,672 compared to 1,002,558 stocks at $14,185,030 on Thursday.
An average of 16,423 units were traded at $290,212 compared with 52,766 shares at $746,581 on Thursday, with trading month to date averaging 44,559 shares at $470,237 versus 46,059 units at $479,839 on the previous day. Trading in November averaged 51,348 at $461,794.
The Composite Index fell 0.95 points to 1,330.79, the All T&T Index shed 3.42 points to 2,001.13 and the Cross-Listed Index rallied 0.24 points to settle at 85.87.
Investor’s Choice bid-offer indicator shows four stocks ended with a bid higher than their last selling prices and two with lower offers.
At the close, Agostini’s ended at $50, with 8,238 shares crossing the market, Angostura Holdings remained at $24 after 82 units changed hands, Ansa McAl ended at $51.50 with a transfer of 25 stocks. CinemaOne remained at $7.25 after exchanging 100 stock units, Clico Investment Fund fell 94 cents after ending at $27.56 in exchanging 85,979 units, First Citizens Group ended at $52 after a transfer of 200 stock units. Guardian Holdings ended at $27.01 with the swapping of 26,035 stocks, JMMB Group rallied 4 cents to $1.95 with investors transferring 50 shares, L.J. Williams B share remained at $2.75 trading 150 units. Massy Holdings ended at $4.50 in an exchange of 101,807 shares, National Flour Mills popped 10 cents to end at $1.60 in trading 10,000 stock units, NCB Financial ended at $4.56 with an exchange of 856 stocks. Prestige Holdings declined 5 cents in closing at $6.60, with 423 units changing hands, Republic Financial dropped $2.60 to close at $136.40 after 238 stocks passed through the market, Scotiabank ended at $78.19 with an exchange of 416 stock units and Trinidad & Tobago NGL lost $1.30 in closing at $22.20 after switching ownership of 28,174 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Another day of rising prices on TTSE

Rising stocks were the dominant feature of market activity on the Trinidad and Tobago Stock Exchange on Thursday as the volume of stocks traded slipped 4 percent with a 41 percent more value than on Wednesday resulting in 19 securities trading compared with 18 on Wednesday, with prices of eight rising, three declining and eight remaining unchanged.
Investors traded 1,002,558 shares for $14,185,030 versus 1,043,504 stock units at $10,036,140 on Wednesday.
An average of 52,766 shares were traded at $746,581 compared with 57,972 units at $557,563 on Wednesday. Trading month to date averaged 6,059 shares at $479,839 versus 45,606 units at $461,803 on the previous day. November closed with an average trade of 51,348 at $461,794.
The Composite Index added 2.25 points to close at 1,331.74, the All T&T Index popped 5.23 points to 2,004.55 and the Cross-Listed Index dipped 0.13 points to settle at 85.63.
Investor’s Choice bid-offer indicator shows two stocks ended with a bid higher than their last selling prices and two with lower offers.
At the close, Angostura Holdings remained at $24 after switching ownership of 25,000 shares, Ansa McAl advanced 10 cents to $51.50, with 16,985 stocks crossing the exchange, Ansa Merchant Bank gained $2.50 to end at $45 in trading 4,406 stock units. CinemaOne popped 50 cents in closing at a 52 weeks’ high of $7.25, with 70 units crossing the market, Clico Investment Fund rose $1.70 in ending at $28.50 as investors exchanged 194,415 stocks, First Citizens Group increased $1 to end at $52 in exchanging 1,036 stock units. GraceKennedy ended at $4.50 and finished with just three shares changing hands, Guardian Holdings popped 2 cents to $27.01 after a transfer of 45,191 shares, JMMB Group dipped 4 cents to $1.91 after 35,534 shares changed hands. Massy Holdings remained at $4.50 with investors trading 188,287 stock units, National Enterprises declined 13 cents to $3.27 as 200,047 units passed through the market, NCB Financial ended at $4.56 with a transfer of 4,053 stocks. Point Lisas remained at $3.50 in an exchange of 21 shares, Republic Financial shed $1 in ending at $139 while exchanging 100 stocks, Scotiabank rallied 29 cents to end at $78.19 after trading 21,408 stock units. Trinidad & Tobago NGL rose $1.17 to $23.50, with 59,654 units clearing the market, Trinidad Cement ended at $3.90 and closed, with 175,911 stock units passing through the market, Unilever Caribbean remained at $12.89 in an exchange of 7,737 shares and West Indian Tobacco ended at $22 after trading 22,700 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Jump in activities on Trinidad Exchange

Investors pumped more funds into the Trinidad and Tobago Stock Exchange on Wednesday, but the volume of stocks traded declined 29 percent, with the value 11 percent more than on Tuesday resulting from trading in 18 securities down from 22 on Tuesday, with six stocks rising, one declining and 11 remaining unchanged, with the heavily weighted Republic Financial jumping $2.88 to push the market indices much higher at the close.
Investors traded 1,043,504 shares for $10,036,140 versus 1,477,165 stock units at $9,077,584 on Tuesday. An average of 57,972 units were traded at $557,563 compared with 67,144 shares at $412,617 on Tuesday, with trading month to date averaging 45,606 shares at $461,803 versus 44,759 units at $455,249 on the previous day. The average trade for November amounts to 51,348 at $461,794.
The Composite Index climbed 17.83 points to 1,329.49, the All T&T Index jumped 24.00 points to 1,999.32 and the Cross-Listed Index advanced 1.57 points to settle at 85.76.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s remained at $50 after 5,000 shares were traded, Angostura Holdings ended at $24 in an exchange of 118 stock units, Ansa McAl remained at $51.40 with the swapping of 513 units. Ansa Merchant Bank ended at $42.50 after 1,500 stocks passed through the market, Clico Investment Fund popped 5 cents to close at $26.80 with 59,532 stock units changing hands, First Citizens Group rose 95 cents to close at $51 with an exchange of 4,175 units. FirstCaribbean International Bank rallied 60 cents to end at $5.70 after exchanging 44,577 stocks, GraceKennedy remained at $4.50, with 477 shares changing hands, Guardian Holdings ended at $26.99, with 10,584 stocks crossing the exchange. Massy Holdings remained at $4.50 in an exchange of 818,196 shares, National Enterprises gained 14 cents after ending at $3.40 with a transfer of 50,000 stock units, National Flour Mills ended at $1.50 as investors exchanged 1,046 units. NCB Financial remained at $4.56 in trading 14,947 units, Republic Financial popped $2.88 in closing at $140 while exchanging 20,206 stocks, Scotiabank ended at $77.90 with investors transferring 6,136 stock units. Trinidad & Tobago NGL dipped 10 cents to $22.33 after trading 1,875 shares, Unilever Caribbean rallied 4 cents to close at $12.89, with 70 stocks crossing the market and West Indian Tobacco ended at $22 with an exchange of 4,552 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.