Trinidad stocks record gains – Wednesday

Massy stock price recovers on Wednesday from Tuesday’s drop.

Only 10 securities traded on the Trinidad & Tobago Stock Exchange on Wednesday, compared to 15 on Tuesday, with 2 advancing, 1 declining and 7 remaining unchanged, leading to a rise in market indices.
The market closed, as 342,323 shares changed hands, at a value of $4,812,950, compared to Tuesday’s trades of 218,112 valued at $3,234,221. At the close, the Composite Index inched up 0.43 points to 1,206.72, the All T&T Index gained just 0.85 points to 1,790.04 and the Cross Listed Index closed at 83.52.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 8 with lower offers.
Gains| Massy Holdings recovered 49 of the 48 cents it lost on Tuesday to close at $49.99, in exchanging just 20 shares and NCB Financial Group closed at $4.06, rising 1 cent with 24,500 shares trading.
Losses| West Indian Tobacco lost 4 cents to close at a 52 weeks’ low of $125.90, with an exchange of 13,136 units valued at $1,653,788.
Firm Trades| First Caribbean International traded 203,000 shares at $7.60, valued at $1,542,800, First Citizens exchanged 24,979 shares at $31.64, valued at $790,127, JMMB Group closed at $1.25, with 410 units changing hands. National Enterprises held firm at $10.49, with 2,000 shares, Republic Financial Holdings closed at $101.90 while exchanging 3,152 shares valued at $321,189, Trinidad Cement remained at $4.14 trading 66,136 shares and Trinidad & Tobago NGL closed at $21.90 with 4,990 units switching owners.

Weak sentiments for Trinidad stocks

Investors’ sentiment in the Trinidad & Tobago Stock Exchange remains weak, with just 2 stocks advancing, 6 falling and 7 remaining unchanged, at the close of trading on Tuesday. The Investor’s Choice bid-offer Indicator confirms the weakness, with just 1 stock with a bid that is higher than the last selling price and 8 with lower offers, at the end of trading.
Market activity resulted in 15 securities changing hands compared to 12 on Monday, leading the Composite Index  to decline by 0.50 points to 1,206.29, the All T&T Index falling by  1.12 points to 1,789.19 and the Cross Listed Index rising 0.02 points to 83.52, as the shares of Jamaican, Scotia Investments gained 2 cents and ended at $2.07, trading 10,000 shares, to be one of two stocks rising. Trinidadian, Angostura Holdings was the other stock to rise, with an increase of 1 cent and 5,000 shares trading at $15.01.
A total of 218,112 shares changed hands at a value of $3,234,221 compared to Monday, with 103,284 units valued at $1,450,577.
Losses|Clico Investment lost 1 cent to close at 22.49, with an exchange of 50,697 units valued at $1,140,668, First Citizens closed at $31.64, losing 1 cent with 20,000 shares trading, valued at $682,800, Massy Holdings traded 48 cents lower to close at a 52 weeks’ low of $49.50 in exchanging 4,007 units. Enterprises was down 1 cent, closing at $10.49, with 8,000 shares changing hands, Sagicor Financial closed at $8, with a loss of 1 cent trading 85,520 shares valued at $684,246 and Trinidad Cement lost 1 cent to close at $4.14, with an exchange of 11,358 shares.
Firm Trades|Ansa McAL exchanged 500 units at $66, Grace Kennedytraded 6,000 units at $2.71. Guardian Holdings held firm at $16.09, with 9,960 shares changing hands, Republic Financial Holdings closed at $101.90, with 316 shares changing hands, Scotiabank traded 1,034 units at $58.03. Trinidad & Tobago NGL remained at $21.90 exchanging 1,720 units while Praetorian Property closed at $3.02, with 4,000 shares changing owners.

Falling stocks dominate on TTSE – Tuesday

Falling prices had the upper hand in trading on the Trinidad & Tobago Stock Exchange on Tuesday resulted in 3 stocks advancing, 4 declining and 7 holding firm as 14 securities changed hands, the same as on Monday, leading to a fall in all market indices.
Trading closed with 450,749 securities changing hands at a value of $7,406,212 compared to Monday’s trades of 1,204,518 valued at $18,120,647.
The Composite Index declined 1.20 points to 1,208.05, the All T&T Index lost 0.49 points to 1,790.45 and the Cross Listed Index was down 0.26 points to close at 83.83.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| JMMB Group gained 3 cents to close at $1.26, with an exchange of 14,445 shares, Massy Holdings closed at $50, gaining 1 cent, with trades of 19,677 units valued at $983,848 and Scotiabank closed at $58.03, with a rise of 2 cents trading 501 shares.
Losses| Clico Investment lost 1 cent to close at $22.50 exchanging 52,200 shares valued at $1,174,548, First Caribbean International traded 10 cents lower to close at $7.60 exchanging 2,500 shares, Guardian Holdings lost 1 cent, to end at $16.09 with 2,159 shares changing hands and Unilever Caribbean closed at a 52 weeks’ low of $51.25, with a loss of 75 cents trading 40,000 shares valued at $2,050,000.
Firm Trades| Agostini’s traded 1,906 units at $20, Ansa Merchant Bank exchanged 35,227 shares at $40 at a value of $1,409,080, Berger Paints closed at $4.05, with 550 units changing hands, National Enterprises traded 700 units at $10.50. NCB Financial Group closed at $4.05 exchanging 248,158 shares valued at $1,005,490, One Caribbean Media closed at $15.01, with 11,925 shares trading and Trinidad & Tobago NGL exchanged 20,801 units at $21.90 valued at $455,548.

One Caribbean Media takes 91% of trade

One Caribbean Media dominated market activity Trinidad & Tobago Stock Exchange on Monday with 91 percent of both the 1,204,518 units traded and the value of $18,120,647 traded. Monday’s trading compared to Friday’s 2,080,937 units valued at $4,909,138.
Trading resulted in 14 securities changing hands compared to 15 on Friday and at the close on Monday, 4 stocks advanced, 3 declined and 7 were unchanged.
The Composite Index gained 0.07 points to 1,209.25, the All T&T Index lost 0.10 points to 1,790.94 and the Cross Listed Index rose 0.03 points to close at 84.09.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 7 with lower offers.
Gains| Clico Investment closed at $22.51, gaining 1 cent with 12,000 shares traded, National Enterprises added 1 cent, closing at $10.50 with an exchange of 650 units, One Caribbean Media traded 1 cent higher to close at $15.01, exchanging 1,093,186 shares valued at $16,408,722 and Scotia Investments closed at $2, with gains of 4 cents trading 1,000 units.
Losses| Angostura Holdings closed at $15, losing 1 cent with an exchange of 7,772 shares, Massy Holdings lost 1 cent to close at a 52 weeks’ low of $49.99, with 5,360 shares changing hands and National Flour Mills closed at a 52 weeks’ low of $2.20, with a loss of 9 cents trading 1,500 shares.
Firm Trades| Ansa Merchant Bank exchanged 6,800 shares at $40, Berger Paints closed at $4.05, with trades of 2,551 units, Prestige Holdings traded 200 units at $10.74. Sagicor Financial closed at $8.50, exchanging 35,000 units, Scotiabank remained at $58.01, with 5,615 shares valued at $325,700 trading, Trinidad & Tobago NGL exchanged just 87 units at $21.90 and Trinidad Cement closed at $4.14, with 32,797 shares changing hands.

Grace takes 86% of TTSE trades

Grace Kennedy accounts for 86% of trades on the TTSE on Thursday.

Jamaica’s Grace Kennedy accounted for 86 percent of the volume and 38 percent of the value traded on the Trinidad & Tobago Stock Exchange on Thursday. The market closed with a sharp rise in the level of activity compared with Wednesday’s with 19 securities trading, compared to 13 on Wednesday.
The market traded 1,447,071 units at a value of $8,814,925 compared to Wednesday’s trades of 201,265 units valued at $1,870,224. At the close, 4 stocks advanced, 6 declined and 9 were unchanged.
The Composite Index gained 0.11 points to 1,209.50, the All T&T Index added 0.08 points to 1,791.60 and the Cross Listed Index gained 0.02 points to close at 84.07.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| NCB Financial Group gained 5 cents to close at $4.05 trading 2,575 shares, Scotiabank closed at $58.01, gaining 1 cent with 371 shares changing hands, Trinidad Cement gained 1 cent to close at $4.15 exchanging 32,000 shares and Trinidad & Tobago NGL traded 50 cents higher, closing at $22.30 with 25,798 units changing hands at a value of $565,499.
Losses| Ansa McAL lost 1 cent to close at $66.01, with an exchange of 5,215 shares valued at $344,269, Clico Investment closed at $22.50, losing 1 cent trading 9,465 shares, JMMB Group traded at $1.23, with a loss of 3 cents exchanging 23,880 shares. Point Lisas closed at $3.88, losing 12 cents with 15,000 units trading, Scotia Investments closed at $1.90, with a loss of 23 cents trading 8,600 shares and West Indian Tobacco lost 6 cents to close at a 52 weeks’ low of $125.94, with 8,950 shares changing hands valued at $1,127,163.
Firm Trades| Ansa Merchant Bank exchanged 31,400 shares valued at $1,256,004, to close at $40, Berger Paints closed at $4.05, with 2,449 units changing hands, First Caribbean International exchanged 20,000 units at $7.70. Grace Kennedy traded 1,245,000 shares at $2.70, valued at $3,361,500, Guardian Holdings closed at $16.20, with an exchange of 1,243 units, Massy Holdings closed at $50, with an exchange of 55 shares. National Enterprises held firm at $10.49, with 288 units changing hands, One Caribbean Media remained at $15.01 with 200 units traded and Republic Financial Holdings remained at $101.90, with 14,582 shares changing hands at a value of $1,485,898.

Trading picks up on TTSE – Wednesday

Trading on the Trinidad & Tobago Stock Exchange picked up over Tuesday’s levels and closed on Wednesday with 13 securities being exchanged compared to only 7 on Tuesday.
The market traded 201,265 securities at a value of $1,870,224 compared to Tuesday’s trades of only 68,846 valued at $1,366,738. At the end of market activity, the prices of 4 stocks advanced, 3 declined and 6 remained unchanged.
The Composite Index declined 2.14 points to 1,209.39, the All T&T Index gained 0.91 points to 1,791.52 and the Cross Listed Index lost 0.71 points to close at 84.05.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 6 stocks with bids higher than last selling prices and 7 with lower offers.
Gains| Ansa McAL gained 2 cents to close at $66.02 trading 500 shares, Clico Investment closed at $22.51, gaining 1 cent with an exchange of 46,000 shares valued at $1,035,460, National Flour Mills closed at $2.29, with gains of 9 cents exchanging 3,000 shares and Trinidad & Tobago NGL traded 30 cents higher, closing at $21.80 with 7,842 units changing hands.
Losses| NCB Financial Group traded 6 cents lower to close at $4, with an exchange of 102,626 shares valued at $410,925, Sagicor Financial closed at $8.50, losing 39 cents trading 1,308 shares and Trinidad Cement exchanged 33,864 units at $4.14, with a loss of 1 cent.
Firm Trades| First Caribbean International closed at $7.70 with 474 shares changing hands, JMMB Group remained at $1.26, with trades of 1,663 units, National Enterprises exchanged 215 units at $10.49, One Caribbean Media traded 3,088 shares at $15.01, Prestige Holdings closed at $10.75, with an exchange of 485 units and Readymix closed at $11 trading 200 shares.

Market valuation down on TTSE on Friday

Republic Financial Holdings had the largest value of trading on Friday on the TTSE.

Trading on the Trinidad & Tobago Stock Exchange on Friday resumed after a public holiday on Thursday with trading levels and the indices falling, compared to Wednesday. Republic Financial Holdings led the market with about 75 percent of the total value traded.
A total of 13 securities changed hands compared to 16 on Wednesday with 2 stocks advancing, 5 declining and 6 unchanged as 143,801 shares traded at a value of $2,818,683 compared to Wednesday’s trades of 373,818 valued at $18,441,277.
The Composite Index declined 1.05 points to 1,211.45, the All T&T Index slipped 0.63 points to 1,789.75 and the Cross Listed Index lost 0.20 points to 84.86.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 6 stocks with bids higher than last selling prices and 8 with lower offers.
Gains| Guardian Holdings gained 4 cents to close at $16.25, with 10,000 shares changing hands and Trinidad & Tobago NGL closed at $21.11, with gains of 3 cents trading 2,461 units.
Losses| First Citizens closed $31.65, with a loss of 15 cents exchanging 2,632 shares, JMMB Group lost 4 cents to close at $1.23, with of 11,803 shares being traded, National Enterprises closed at $10.49, losing 1 cent trading 100 units. NCB Financial Group lost 1 cent, closing at $4 with 40,000 shares changing hands and Scotia Investments traded 2 cents lower to close at $2.48 exchanging 8,000 units. The price is the equivalent of J$47, well above the price of $38 Scotia Group plans on offering to take over the minority shares.
Firm Trades| Clico Investment exchanged 2,720 shares at $22.51, First Caribbean International Bank held firm at $7.70, with 7,250 shares traded, Grace Kennedy closed at $2.80, with 37,714 shares changing ownership. National Flour Mills remained at $2.20, with 400 shares traded, Point Lisas traded 100 units at $4 and Republic Financial Holdings closed at $101.90, with 20,621 shares changing hands valued at $2,101,280.

Moderate trading continues on TTSE

Trading on the Trinidad & Tobago Stock Exchange remained subdued with moderate volume and few price changes on Monday. At the market’s close 12 securities changed hands compared to 13 on Friday, 1 stock advanced, 2 declined and 9 held firm.
At the close, 237,462 shares were exchanged at a value of $3,247,098 compared to Friday’s trades of 312,159 valued at $13,109,347.
The Composite Index gained 0.04 points to 1,212.92, the All T&T Index fell 0.53 points to 1,791.71 and the Cross Listed Index rose 0.09 points to 84.99.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 7 with lower offers.
Gains| Sagicor Financial advanced 14 cents, closing at $8.89 with trades of 160,498 shares valued at $1,420,807.
Losses| Massy Holdings closed at a 52 weeks’ low of $50.50, with a loss of 25 cents trading 6,990 shares valued at $352,995 and West Indian Tobacco traded 2 cents lower to close at $126.38 exchanging 23 shares.
Firm Trades| Berger Paints closed at $4.05 trading 200 shares, Clico Investment traded 5,080 shares at $22.51, First Caribbean International Bank closed at $7.70, with an exchange of 24,500 shares. Guardian Holdings remained at $16.20, with 29,396 shares traded at a value of $476,215, National Enterprises exchanged 150 shares at $10.50, National Flour Mills closed trading at $2.20, with 1,500 shares. Republic Financial Holdings closed at $101.90, with an exchange of 3,875 units valued at $394,862, Scotiabank remained at $58 trading 5,000 shares and Scotia Investments closed at $2.50, with 250 shares changing hands.

4 companies dominate TTSE on Friday

Republic Financial Holdings had the largest value of trading on Friday on the TTSE.

The Trinidad & Tobago Stock Exchange closed on Friday with Republic Financial Holdings as the lead trade with 46 percent of the total value traded followed by Ansa McAL with 21 percent , Trinidad & Tobago NGL with 12 percent (TTNGL) and Massy Holdings with 11 percent.
The market closed with 13 securities trading, the same as on Thursday, the number of shares traded totaled 312,159 units valued at $13,109,347 compared to Thursday’s trades of 179,168 shares valued at $3,736,695, with 1 stock advancing, 3 declining and 9 holding firm.
The Composite Index declined 0.59 points to 1,212.88, the All T&T Index fell 0.17 points to 1,792.24 and the Cross Listed Index lost 0.14 points to close at 84.90.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 5 with lower offers.
Gas company, TTNGL, are currently offer to the public an additional 40,248,000 Class B shares at TT$21 per unit, which opened on June 5 and is expected to close on June 28.
Gains| Guardian Holdings gained 5 cents to close at $16.20 trading 13,632 shares.
Losses| Grace Kennedy closed at $2.80, with a loss of 5 cents exchanging 35,092 shares, National Enterprises lost 1 cent to close at $10.50, with 13,663 shares changing hands and Trinidad Cement traded 4 cents lower, closing at $4.15 exchanging 28,500 shares.
Firm Trades| Ansa McAL held firm at $66 trading 40,748 shares valued at $2,689,368, First Citizens traded 314 shares at $31.85, Massy Holdings closed at $50.75, with an exchange of 28,781 shares valued at $1,460,636. National Flour Mills closed at $2.20, with 1,840 shares changing hands, One Caribbean Media traded a mere 40 shares at $16, Republic Financial Holdings closed at $101.90, with trades of 59,396 shares valued at $6,052,229. Sagicor Financial exchanged 5,279 units at $8.75, Scotiabank remained at $58 trading 12,830 shares valued at $744,140 and Trinidad & Tobago NGL closed at $21.01, with an exchange of 72,404 shares valued at $1,521,208.
Shares in TTNGL, are currently offer to the public with additional 40,248,000 Class B shares being sold by the parent company at TT$21 per unit. The offer opened on June 5 and is expected to close on June 28.
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Advancing stocks edge out decliners

13 securities traded on the Trinidad & Tobago Stock Exchange on Thursday compared to 14 on Wednesday with the market indices losing altitude with 3 stocks advancing, 2 declining and 8 holding firm.
At the close, only 179,168 shares were exchanged at a value of $3,736,695 with Ansa McAL and Massy Holdings accounting 63 percent of the value of stocks traded. On Wednesday trading resulted in 402,382 shares with a value of $1,582,095.
The Composite Index declined 0.38 points to 1,213.47, the All T&T Index lost 0.34 points to 1,792.41 and the Cross Listed Index eased 0.06 points to close at 85.04.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 4 with lower offers.
Gains| Clico Investment closed at $22.51, with a 1 cent gain exchanging 6,080 shares, National Enterprises gained 1 cent to close at $10.51, with trades of 1,200 shares and NCB Financial Group traded 4 cents higher, closing at $4 with 24,850 shares changing hands.
Losses| Massy Holdings closed at $50.75, with a loss of 30 cents trading 33,807 shares valued at $1,715,844 and Sagicor Financial traded 14 cents lower to close at $8.75 exchanging 141 shares.
Firm Trades| Ansa McAL held firm at $66 exchanging 12,387 shares valued at $817,526, First Citizens traded 1,906 shares at $31.85 and Grace Kennedy exchanged 19,108 shares at $2.85, Guardian Holdings closed at $16.15, with 13,921 shares changing hands. JMMB Group remained at $1.27, with trades of 35,581 shares, Scotiabank held firm at $58, with an exchange of 6,094 shares valued at $353,452, Scotia Investments traded 15,750 shares at $2.50 and Trinidad & Tobago NGL closed at $21.01 trading 8,343 shares.