National Enterprises

No declining stocks in Trinidad

November 26, 2014 by IC Insider.com

Scotiabank T&T closed with a bid at $5.76 for 6,695 shares, as the price continues to recover.

Trading on the Trinidad Stock Exchange closed Wednesday with 14 securities changing hands of which 4 advanced, none declined and 10 traded firm. A total of 428,567 units, valued at $2,817,149 traded.
At the close of the market, the Composite Index rose 0.67 points to close at 1,143.17, the All T&T Index put on 1.33 points to close at 1,968.01 and the Cross Listed Index remained at 41.69.
Gains| Stocks increasing in price, at the close are, ANSA McAL traded 19,610 shares valued at $1,300,143, to close with a gain of 12 cents, at $66.30. Clico Investment Fund with 40,340 shares valued at $911,514 trading, advanced by 10 cent, to end at $22.60, Scotiabank’s stock price increased by 15 cents, to end the day at $58.70, while trading 1,120 shares. The bid at the end of trading stood at $5.76 to buy 6,695 shares and Trinidad Cement contributed 29,488 shares and closed 5 cents higher at $2.15.
Declines| There were no stocks declining at the end of trading on Wednesday.

Firm Trades| Stocks closing with prices unchanged, at the end of trading are, Angostura Holdings traded 1,057 shares at $12.76. Firstcaribbean International Bank traded 9,130 shares at $5, First Citizens Bank traded 277 shares to close at $36.76, Grace Kennedy put through 3,854 shares to close at $3.84, Jamaica Money Market Brokers traded 221,395 shares valued at $99,628 and ended at 45 cents. Massy Holdings with 2,000 shares valued at $136,900 ended at $68.45, National Commercial Bank closed at $1.10 while trading 93,370 shares. National Enterprises added 830 shares, to end at $17.47, One Caribbean Media contributed only 100 shares as the price closed unchanged at $25.10, Sagicor Financial Corporation traded 6,000 shares at $6.
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 1 stock with the offer that was lower.

Filed Under: Stock Market, TTSE Market Tagged With: Angostura Holdings, Ansa Mcal, clico, Daily Trading, First Citizens, Firstcaribbean International Bank, Grace Kennedy, JMMB, Massy Holdings, National Enterprises, NCB, One Caribbean Media, Sagicor, Scotia, Trinidad Cement

Scotiabank on the mend & climbing

November 25, 2014 by IC Insider.com

The price of Scotiabank shares, continue to mend on the Trinidad Stock Exchange, with the price closing up at the end of trading on Tuesday, on moderate volume. Importantly, at the end of trading, there were 28,445 units on the bid to buy at 10 cents over the closing price. There were no stocks offered for sale, an indication that the price will be moving up.
The market closed with 10 securities changing hands of which 2 advanced, 2 declined and 6 traded firm, with a total of 204,322 units, valued at $1,065,639, trading. The Composite Index of the market rose 0.47 points to close at 1,142.50, the All T&T Index gained 0.88 points to close at 1,966.68 and the Cross Listed Index increased by a mere 0.01 points to end at 41.69.
Gains| Stocks increasing in price at the close are, Scotiabank increased by 19 cents to end the day at $58.55 while trading 2,697 shares worth $157,855, and Trinidad Cement contributed 10,000 shares and closed 5 cents higher at $2.10.
Declines| The stocks declining at the end of trading are, Agostini’s traded just 171 units but fell 1 cent to $17.33 Guardian Holdings suffered a loss of 1 cents to close at $13.49.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund with 2,595 shares with the price remaining at $22.50, First Citizens Bank traded 900 shares to close at $36.76, Grace Kennedy with 640 shares ended at $3.84. National Enterprises added 5,000 shares, valued at $87,350, to end at $17.47, Sagicor Financial Corporation with 91,500 shares changing hands, for a value of $548,950, closed at $6 and Scotia Investments with 89,000 shares trading for $129,050, closed at $1.45.
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 no stock with the offer that was lower.

Filed Under: Stock Market, TTSE Market Tagged With: Agostini's, clico, Daily Trading, First Citizens, Grace Kennedy, Guardian Holdings, National Enterprises, Sagicor, Scotia, Trinidad Cement

T&TSE quietly looking better

November 24, 2014 by IC Insider.com

Trading on the Trinidad Stock Exchange on Monday, was moderate, with 11 securities changing hands, of which 3 advanced, 2 declined and 6 traded firm, with a total of 553,708 units, valued at $4,694,056.
At the close of the market, the Composite Index lost 0.89 points to close at 1,142.03, the All T&T Index rose 0.61 points to close at 1,965.80 and the Cross Listed Index declined by 0.32 points to end at 41.68.
Gains| Stocks increasing in price at the close are, National Enterprises traded 17,166 units valued at $299,890, gained 2 cents to end at $17.47, Scotiabank gained 10 cents, to end at $58.36 while 100 shares traded and Scotia Investments contributed 20,954 shares and ended 4 cents higher at $1.445
Declines| The stocks declining at the end of trading are, Massy Holdings traded 100 shares to close with a loss of 2 cents, at $68.45 and National Commercial Bank with 308,550 shares changing hands for a value of $339,832 to fall 5 cents to $1.10.
Firm Trades| Stocks closing with prices unchanged, at the end of trading are, Ansa Mcal with 500 shares traded, to close $66.18. Clico Investment Fund with 152,040 shares valued at $3,420,900, remained at $22.50, First Citizens Bank traded 3,745 shares valued $137,666 to close, at $36.76, while Guardian Holdings added 20,000 shares valued at $270,000 to end at $13.50. Jamaica Money Market Brokers with 5,373 shares changing hands at 45 cents and Sagicor Financial Corporation with a volume of 25,250 shares being traded for $151,500 to close at $6.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bids higher than their last selling prices and none with offers that were lower.

Filed Under: Stock Market, TTSE Market Tagged With: clico, Daily Trading, First Citizens, Grace Kennedy, Guardian Holdings, JMMB, Massy Holdings, National Enterprises, NCB, Sagicor, Scotia, TTSE

Scotiabank continues recovery on TTSE

November 21, 2014 by IC Insider.com

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Scotiabank continues to slowly recover from its recent low by putting in a moderate gain in trading on the Trinidad Stock Exchange on Friday, but closed with the bid above the closing price, with no stocks on offer. At the close of the market, 12 securities changed hands of which 4 advanced, 2 declined and 6 traded firm, with a total of 567,439 units, valued at $3,560,180 trading.
At the close of the market, the Composite Index rose 0.39 points to close at 1,142.92, the All T&T Index gained 0.79 points to close at 1,965.19 and the Cross Listed Index remained at 42 points.
Gains| Stocks increasing in price at the close of the market are, ANSA McAL with 1,230 shares, to close with a gain of 1 cent at $68.18, First Citizens Bank traded 3,356 shares to close with a gain of a cent, at $36.76. Scotiabank closed 4 cents higher, to $58.26 with only 150 units trading and Trinidad Cement with 45,000 shares traded for $91,725, to close with a gain of 3 cents, at $2.05.
Declines| The stocks declining at the end of trading are, Sagicor Financial Corporation 6.5% US$1 Convertible Redeemable Preference lost 3 cents to close at U$1.10 in trading 200,000 units for a 52 weeks’ low,
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Bourse Brazil Latin Fund remained at US$9.50, after trading 1,729 shares. Clico Investment Fund with 13,759 shares valued at $309,578, ended at $22.50, Grace Kennedy added 34,042 shares valued at $130,721 at $3.84, National Commercial Bank Traded 200,000 shares valued at $230,000 to close at $1.15. National Enterprises with 9,000 shares, closed at $17.45, while One Caribbean Media with 20,200 shares closed at $25.10, Sagicor Financial Corporation contributed 37,463 shares with a value of $224,778 and West Indian Tobacco traded 1,510 shares to end at $121.
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 1 stock with the offer that was lower.

Filed Under: Stock Market, TTSE Market Tagged With: Ansa Mcal, Bourse Brazil Latin Fund, clico, First Citizens, Grace Kennedy, National Enterprises, One Caribbean Media, Sagicor, Scotia, Trinidad Cement, TTSE, West Indian Tobacco

No stocks rose 2 declined on TTSE

November 19, 2014 by IC Insider.com

Trading on the Trinidad Stock Exchange ended Wednesday with 10 securities changing hands. There were no advancing stocks while, 2 declined and 8 traded firm with a total of 136,262 units, valued at $1,492,123. The market closed with slight bullish tendency as shown by the positive bid offer indicator below.
At the close of the market, the Composite Index lost 0.17 points to close at 1,140.74, the All T&T Index fell by 0.28 points to close at 1,960.98 and the Cross Listed Index lost 0.01 points to end at 41.98.
Declines| The stocks declining at the end of trading are, Massy Holdings added 8,158 shares valued at $558,800 and lost 6 cents, to close at $68.49, followed by National Enterprise in trading 700 shares to end at a new 52 weeks’ low of $17.45, by shedding a cent.
Firm Trades| Stocks closing with prices unchanged, at the end of trading are, ANSA McAL with 41 units and ended at $66.17, First Citizens Bank traded 5,929 shares at $36.75, Grace Kennedy had 3,042 units trading, at $3.83, Guardian Holdings had 145 units trading at $13.50, Jamaica Money Market with 50,741 shares changing hands, closed at 45 cents. National Commercial Bank traded 5,400 shares at $1.15, One Caribbean Media contributed 14,951 shares with a value of $375,270, to end at $25.10 and Sagicor Financial Corporation with a volume of 47,155 shares traded for $282,580 to close at $6.
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.

Filed Under: Stock Market, TTSE Market Tagged With: Ansa Mcal, Daily Trading, First Citizens, Grace Kennedy, Guardian Holdings, JMMB, Massy Holdings, National Enterprises, NCB, One Caribbean Media, Trinidad Cement, TTSE

Only one stock gained on TTSE

November 18, 2014 by IC Insider.com

Trading on the Trinidad Stock Exchange ended with 12 active securities, 1 advanced, 6 declined and 5 traded firm, with a total of 500,289 units changing hands, valued at $3,727,033.
At the close of the market, the Composite Index lost 0.43 points to close at 1,140.91, the All T&T Index fell by just 0.26 points to close at 1,961.26 and the Cross Listed Index dipped by a 0.08 points to end at 41.99.
Gains| Guardian Holdings closed trading with 11,450 shares valued at $154,575 and advanced by 1 cent, to end at $13.50.
Declines| The stocks declining at the end of trading are, ANSA Mcal that fell 1 cent to $66.17, after trading 9,540 shares, Clico Investment Fund with 55,033 shares valued at $1,239,144 fell 1 cent to end at $22.50, Grace Kennedy with 110,700 shares changing hands for a value of $423,981, ended at $3.83 after falling by a cent. National Commercial Bank traded 43,478 shares at $1.15, down 1 cent, National Enterprises traded 550 units at a new 52 weeks’ low of $17.46 with a 2 cents decline and Point Lisas Industrial Port Development lost 5 cents, to close at $4 while trading 29,000 shares.
Firm Trades| Stocks closing with prices unchanged, at the end of trading are, First Citizens Bank with 6,438 shares to close at $36.76, while Jamaica Money Market Brokers added 50,000 shares to close at 45 cents. One Caribbean Media traded 2,000 shares at $25.10, Sagicor Financial Corporation with a 107,100 shares being traded for $642,600, ended at $6 and Trinidad Cement contributed 75,000 shares with a value of $150,000 to end at $2.
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 offer that is lower.

Filed Under: Stock Market, TTSE Market Tagged With: Ansa Mcal, clico, Daily Trading, First Citizens, Grace Kennedy, Guardian Holdings, JMMB, National Enterprises, NCB, One Caribbean Media, Point Lisas Industrial, Sagicor, Trinidad Cement, TTSE

NCB jumps 15% on TTSE

November 17, 2014 by IC Insider.com

National Commercial Bank stock closed up 15 percent, on the Trinidad Stock Exchange on Monday, following the company’s release of year end results, and announcement of an increased dividend payment.
At the end of trading, 10 securities changed hands of which 3 advanced, 3 declined and 4 traded firm, with a total of 760,585 units, valued at $6,993,114.
At the close of the market, the Composite Index rose 3.60 points to close at 1,141.34, the All T&T Index fell by just 0.22 points to close at 1,961.52 and the Cross Listed Index increased by a mere 0.99 points to end at 42.07.
Gains| Stocks increasing in price, at the close are, Angostura Holdings that added 26,387 shares valued at $336,684 and closed, 1 cent higher at $12.76, Clico Investment Fund with 234,824 shares valued at $5,283,640, advanced by 1 cent to end at $22.51 and National Commercial Bank with a volume of 143,877 shares traded for $166,709 and gained 15 cents to end at $1.16.
Declines| The stocks declining at the end of trading are, Guardian Holdings, falling 2 cents, in trading 17,706 units, to close at $13.49, Jamaica Money Market Brokers with 207,891 shares changing hands, for a value of $93,643, lost 1 cent to 45 cents and National Enterprises trading 5,000 shares to close at $17.48 and losing 1 cent to end at a 52 weeks low.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, First Citizens Bank traded 1,400 shares to close at $36.76, Grace Kennedy traded 500 shares at $3.84, Praetorian Property Mutual Fund traded 2,000 units at $3.40 and Sagicor Financial Corporation contributed 121,000 shares with a value of $726,000 to close at $6.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.

Filed Under: Stock Market, TTSE Market Tagged With: Angostura Holdings, clico, Daily Trading, First Citizens, Grace Kennedy, Guardian Holdings, JMMB, National Enterprises, NCB, Praetorian Property Mutual Fund, Sagicor, Scotia, Trading Activity

2 stocks rose none fell on TTSE

November 13, 2014 by IC Insider.com

Trading on the Trinidad Stock Exchange ended with 10 securities changing hands, of which 2 advanced, none declined and 8 traded firm, with a total of 161,827 units, valued at $5,879,498.
At the close of the market, the Composite Index lost 0.29 rose points to end at 1,145.82, the All T&T Index fell by 0.58 points to 1,962.27 and the Cross Listed Index remained at 43.16.
Gains| Stocks increasing in price at the close are, Clico Investment Fund that posted a volume of 67,578 shares valued at $1,502,695 and advanced by 10 cents to $22.25 and West Indian Tobacco with only 120 shares, advanced by 1 cent to end at $119.04.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Angostura Holdings ending at $12.76 with 4,266 shares valued at $54,425.62, trading, First Citizens Bank traded 2,613 shares to close at $36.76, Grace Kennedy traded 100 shares at $3.84, Massy Holdings with 36,715 shares changing hands for a value of $2,516,813, closed at $68.55, followed by National Enterprise that contributed 550 shares and closed unchanged at $17.49, National Flour Mills with a volume of 34,921 shares valued at $38,762, ended at $1.11, Republic Bank contributed 12,551 shares with a value of $1,506,120 to close at $120 and Scotiabank traded 2,413 shares and closed unchanged at $58.16.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bid higher than their last selling prices and 1 stock with the offer lower.

Filed Under: Stock Market, TTSE Market Tagged With: Angostura Holdings, clico, Daily Trading, First Citizens, Grace Kennedy, Massy Holdings, National Enterprises, National Flour Mills, Republic Bank, Scotia, West Indian Tobacco

Republic drops 72 cents on TTSE

November 11, 2014 by IC Insider.com

Trading on the Trinidad Stock Exchange ended with Republic Bank dropping 72 cents at the end of trading. There was activity in the market, with 11 securities changing hands, of which 4 advanced, 3 declined and 4 traded firm with a total of 638,480 units, valued at $1,740,915.
At the close of the market, the Composite Index lost 0.80 points to close at 1,145.6 the All T&T Index rose fell by 1.68 points to close at 1,962.76 and the Cross Listed Index increased by 0.01 points to end at 43.04.
Gains| Stocks increasing in price at the close are, Clico Investment Fund gained 4 cents to end at $22.15 while trading 9,366 shares valued at $207,457, Jamaica Money Market Brokers was the volume leader with 518,756 shares changing hands for a value of $233,440 and gained a cent to 45 cents, Scotiabank traded 682 shares at $58.13 up a cent and West Indian Tobacco traded 537 shares at $119.03 for a 1 cent gain.
Declines| The stocks declining at the end of trading are, Grace Kennedy contributed 40,000 shares with a value of $153,600, to close 1 cent down at $3.84 while by Sagicor Financial Corporation with a volume of 57,622 shares traded for $346,893, to end at a new 52 weeks’ low, of $6.01 after falling 4 cents, conversely, Republic Bank suffered a loss 72 cents to close at $120 as 1,285 shares traded.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Angostura Holdings with 1,000 units ended at $12.75, First Citizens Bank had 2,472 units trading at $36.76, Massy Holdings added 6,260 shares valued at $429,123 to close at $68.55 and National Enterprises traded 500 shares at $17.49.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.

Filed Under: Stock Market, TTSE Market Tagged With: Angostura Holdings, clico, Daily Trading, First Citizens, Grace Kennedy, JMMB, Massy Holdings, National Enterprises, Republic Bank, Sagicor, Scotia, TTSE, West Indian Tobacco

Scotiabank making slow recovery on TTSE

November 7, 2014 by IC Insider.com

Trading on the Trinidad Stock Exchange closed the week with 11 securities changing hands, of which 2 advanced, only 1 declined and 8 traded firm with a total of 215,713 units, valued at $2,278,896.
At the close of the market, the Composite Index lost 0.04 points to close at 1,146.02, the All T&T Index fell by 0.08 points to close at 1,964.35 and the Cross Listed Index remained at 42.94.
Gains| Stocks increasing in price at the close are, Clico Investment Fund with 26,301 shares valued at $581,487 and advanced by 1 cent to $22.11 and Scotiabank contributed 9,586 shares with a value of $557,018, increasing 5 cents to end the day at $58.12, as the stock continues to make a slow recovery from the sharp fall it has suffered since end of May.
Declines| The only stock declining at the end of trading, is Republic Bank, with 300 shares at $120.72, as the price slipped a cent.
Firm Trades| Stocks closing with prices unchanged, at the end of trading are, First Citizens Bank which traded 1,610 shares, to close at $36.75, Grace Kennedy closed with 740 shares at $3.85, Guardian Holdings with a volume of 13,995 shares traded for $189,662, closed at $13.55, while Massy Holdings added 7,894 shares valued at $541,134 to close at $68.55, National Enterprises closed with 100 units at $17.49, Point Lisas Industrial Port had 490 units trading at $4.05, Trinidad Cement with 154,497 shares changing hands, for a value of $307,449.03, closed at $1.99 and L.J. Williams B traded 200 shares at 90 cents.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 1 stock with the bid higher than the last selling price and 3 stocks with offers that were lower.