6 TTSE stocks rose 4 declined – Thursday

February 16, 2017 by

FirstCaribbean International Bank closed at a 52 weeks’ high on Thursday.

Market activity on the Trinidad & Tobago Stock Exchange on Thursday, resulted in an increase in active securities but with far less volume and value than on Wednesday.
At the close, all three indices headed higher as 18 securities were exchanged compared to 11 on Wednesday, the prices of 6 stocks advanced, 4 declined and 8 held firm in an exchange of 371,489 shares valued at $2,456,056 compared to Wednesday’s 723,552 shares valued at $21,761,282.
The Composite Index advanced 3.39 points to 1,252.83, the All T&T Index gained 1.87 points to 1,834.08 and the Cross Listed Index gained 0.67 points to 90.07 with year to date gains of 15.22 percent.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| First Caribbean International Bank closed at a 52 weeks’ high of $9.01 with gains of 16 cents and 20,130 units changing hands, Guardian Holdings closed 65 cents higher to a new 52 weeks’ high of $16, trading 56,711 shares, valued at $907,376, LJ Williams B share gained 4 cents to close at 75 cents with an exchange of 3,200 units. Scotia Investments closed at $2.20, gaining 1 cent with 7,146 units trading, Trinidad Cement added 1 cent to close at $4.17 with 300 units being exchanged and Trinidad & Tobago NGL closed with gains of 20 cents to $23 and 10,949 shares changing owners.
Losses| National Enterprises declined 10 cents, closing at $10.80 with an exchange of 4,843 shares, National Flour closed 7 cents lower to $2.60 with an exchange of 179,171 units valued at $465,165. Praetorian Property lost 5 cents to close at $2.85 with trades of 1,352 shares and Readymix closed at a 52 weeks low of $10.80, after losing 20 cents trading 1,500 units.
Firm Trades| Clico Investment was unchanged at $22.50 trading 1,786 units, First Citizens closed at $32.49 with trades of 150 shares, JMMB Group ended trading at $1.20 with an exchange of 2,565 units, National Commercial Bank remained at $4 with 65,000 units changing hands. Point Lisas traded 9,783 shares at $3.70, Prestige Holdings held firm at $10.99 trading 4,171 units, Scotiabank closed at $58.75 with 2,612 shares trading and West Indian Tobacco remained at $127 with 120 units changing hands.

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Big jump in trading value on TTSE – Wednesday

February 15, 2017 by

Witco had the largest dollar trade on the TTSE on Wednesday.

Activity on the Trinidad & Tobago Stock Exchange saw a $14 million trade in West Indian Tobacco, on Wednesday, swelling the overall value traded well in excess of Tuesday’s level.
Trading closed with 11 securities changing hands, compared to 12 Tuesday. 5 stocks advanced, 5 declined and 1 remained unchanged resulting in an exchange of 723,552 shares valued at $21,761,282. On Tuesday’s 150,265 shares valued at $957,723 traded in contrast.
The Composite Index lost 0.21 points to 1,249.44, the All T&T Index slid 0.69 points to 1,832.21 but the Cross Listed Index gained 0.04 points to 89.40 with year to date gains of 14.37 percent.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 8 stocks with bids higher than last selling prices and 7 with lower offers.
Gains| Guardian Holdings closed at a new 52 weeks’ high of $15.35 with gains of 5 cents trading 100 shares, but the it closed with a bid to buy 41,000 units at $15.89. JMMB Group added 1 cent to close at $1.20 exchanging 251,611 units valued at $301,602, Massy Holdings advanced $1, closing at $53 with 2,000 shares changing hands. Scotiabank closed at $58.75, adding 5 cents with 38,210 units being exchanged at a value of $2,244,636 and West Indian Tobacco closed at $127, a gain of 1 cent with an exchange of 110,000 shares valued at $13,969,997.
Losses| Clico Investment closed at $22.50, losing 6 cents and exchanging 184,833 shares valued at $4,168,335, First Citizens lost 1 cent to close at $32.49 with trades of 816 units, National Enterprises declined 10 cents, closing at $10.90 with an exchange of 52,824 shares valued at $578,143. Republic Financial Holdings closed at a 52 weeks’ low of $105.99 having lost 70 cents with 544 units changing hands and Scotia Investments closed 1 cent lower to $2.19 with 13,039 shares trading.
Firm Trades| National Commercial Bank was unchanged at $4 with 69,575 units changing hands.

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Advancing stocks edge decliners on TTSE

February 10, 2017 by

Guardian Holdings closed at a 52 weeks’ high of $15.

The Trinidad & Tobago Stock Exchange closed on Friday with 15 securities trading compared to 12 on Thursday.
The market’s activity resulted in 5 stocks advancing, 4 declining and 6 holding firm as 371,231 shares were exchanged at a value of $6,085,335 compared to Thursday’s 675,112 shares valued at $4,134,604.
The Composite Index climbed 1.60 points to 1,238.89 points, the All T&T Index advanced 3.00 points to 1,831.22 points and the Cross Listed Index added 0.02 points to 86.64.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 7 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Angostura Holdings gained 25 cents to close at $15 with 20,394 shares changing hands at a value of $305,910, Clico Investment added 5 cents and closed at $22.55 trading 237,147 units valued at $5,338,262, Guardian Holdings closed at a 52 weeks’ high of $15 with gains of 24 cents, exchanging 3,590 shares. National Enterprises gained 13 cents to close at $11 with 2,855 units exchanged and Trinidad Cement closed trading 1 cent higher to $4.16 with 4,454 shares changing owners.
Losses| Grace Kennedy lost 1 cent to close at $2.63 after trading 30,000 units, One Caribbean Media closed at a 52 weeks’ low of $19.50, losing 40 cents trading 250 shares, Republic Financial Holdings closed at a 52 weeks’ low of $106.69, losing 5 cents with 206 units traded and Scotiabank exchanged 174 units, closing 5 cents lower to $58.70.
Firm Trades| First Citizens closed trading at $32.50 with 50 units changing hands, First Caribbean International closed at $8.85 with trades of 100 shares, JMMB Group closed at $1.20 with an exchange of 1,000 units. Massy Holdings exchanged 758 units to close at $52, Sagicor Financial was unchanged at $9.30 with 3,253 shares changing hands and Scotia Investments held firm at $2.21 trading 67,000 units.

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Activity falls for Trinidad stocks

February 2, 2017 by

Market activity on the Trinidad & Tobago Stock Exchange on Thursday resulted in 9 securities changing hands compared to 13 on Wednesday leading to 5 stocks advancing, 2 declining and 2 unchanged.
A total of 350,452 shares valued at $3,125,102 were exchanged compared to Wednesday’s trades of 810,839 shares valued at $3,882,754.
The Composite Index gained 1.83 points to 1,228.12, the All T&T Index advanced 2.31 points to 1,822.59 and the Cross Listed Index added 0.18 points to 84.87.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 7 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Clico Investment added 2 cents to close at $22.52 with 6,045 units traded, National Enterprises closed at $10.87, up 2 cents with 500 shares changing hands, Sagicor Financial advanced 25 cents to close at a 52 weeks’ high of $9, having exchanged 42,500 shares valued at $382,500, Scotiabank gained 5 cents after trading 10,000 units valued at $587,448 to close at $58.75 and Trinidad & Tobago NGL climbed 40 cents to $22.51 with trades of 12,540 units.
Losses| First Citizens closed at $32.49, down 1 cent with 511 units being exchanged and JMMB Group lost 1 cent to close at $1.20 with 161,846 units changing hands.
Firm Trades| Guardian Holdings closed at $14 with 106,510 shares traded, valued at $1,491,141 and Trinidad Cement was unchanged at $4.15 after trading 10,000 shares.

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Big Citizens Bank fall hits TTSE index

February 1, 2017 by

First Citizens dropped $1.50 in trading on TTSE on Wednesday.

A drop of $1.50 in the price of First Citizens Bank push the price to $32.50 with 5,000 units changing hands and was the main contributor to the fall in the Composite Index of the Trinidad & Tobago Stock Exchange on Wednesday.
Market activity resulted in 13 securities changing hands in contrast to 18 on Tuesday as 4 stocks advanced, 4 declined and 5 remained unchanged. A total of 810,839 shares valued at $3,882,754 were exchanged compared to Tuesday’s trades of 483,249 shares valued at $2,376,016.
The Composite Index declined 3.18 points to 1,226.29 points, the All T & T Index fell 7.41 points to 1,820.28 points and the Cross Listed Index inched 0.15 points higher to 84.69.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 7 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Guardian Holdings advanced 25 cents to $14 trading 32,652 shares valued at $450,215, National Commercial Bank added 4 cents, closing at a 52 weeks’ high of $3.59 with 65,932 shares changing hands, Sagicor Financial climbed 24 cents to close at a 52 weeks’ high of $8.75, having exchanged 13,500 shares and Trinidad & Tobago NGL closed at $21.11 gaining 9 cents and 2,961 units changing owners.
Losses| Clico Investment lost 1 cent to close at $22.50 with an exchange of 68,150 shares valued at $1,533,377, JMMB Group slid 4 cents to $1.21 with trades of 524,328 valued at $636,873 and National Flour Mills closed at $2.67, down 3 cents with 150 shares switching owners.
Firm Trades| Angostura Holdings closed at $14.75 with 450 shares traded, Massy Holdings was unchanged at $51.10 with transactions of 8,959 shares valued at $457,728, Scotia Investments closed at $2.23 with an exchange of 77,000 units, Trinidad Cement held firm at $4.15 after trading 11,300 shares and West Indian Tobacco closed at $127 with a mere 7 units changing ownership.

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Sharp drop trading Trinidad stocks

January 30, 2017 by

Trading on the Trinidad & Tobago Stock Exchange on Monday resulted in sharp decline in the number of active securities and declines in the two main indices.
The market closed with 10 securities changing hands in contrast to 16 on Friday with 1 stock advancing, 2 declining and 7 unchanged. A total of 174,656 units valued at $3,712,321 traded compared to Friday’s trades of 662,006 shares valued at $5,506,299.
The Composite Index declined 2.06 points to 1,223.02, the All T&T Index dropped 4.14 points to 1,830.07 while the Cross Listed Index gained a mere 0.01 point to 82.44.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 10 stocks with bids higher than last selling prices and 8 with lower offers.
Gains| National Enterprises gained 8 cents to close at $10.85 with 7,540 units being exchanged, to be the sole stock rising.
Losses| First Citizens sustained a fall of 93 cents, closing at $34 with trades of 27,147 valued at $922,998 and Republic Financial Holdings lost 9 cents to close at $108.19 with 6,719 units exchanged for a value of $726,929.
Firm Trades| Clico Investment was unchanged at $22.52 with only 245 shares traded, Grace Kennedy closed at $2.68 with a mere 10 shares changing hands, Guardian Holdings closed at $13.31 with 5,600 units exchanged while Scotia Investments closed at $2.23 with 5,400 shares changing owners. Scotiabank held firm at $58.75, closing with 10,000 units traded at a value of $587,500, Trinidad & Tobago NGL remained at $21, after trading 48,309 shares valued at $1,014,499 and Trinidad Cement closed at $4.50 with 63,686 units transacted.

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TCL fall pulls TTSE market index down

January 26, 2017 by

Trinidad Cement shares suffer big fall.

A 35 cents rise in the price of Trinidad & Tobago NGL was insufficient to wade of the negative impact of a 50 cents drop in the price of Trinidad Cement in preventing slippage in the All T&T index on the Trinidad & Tobago Stock Exchange on Thursday.
Market activity resulted in 15 securities traded, compared to 13 on Wednesday with 6 stocks advancing, 4 holding firm and 5 declining. The number of shares that changed hands amounted to 482,036 units valued at $3,773,912 compared to 95,386 shares valued at $2,016,084 on Wednesday.
At the close the Composite Index advanced 1.89 points to 1,223.91, thanks to gains in three Jamaican based stocks, the All T & T Index slid 3.19 points to 1,833.93 and the Cross Listed Index gained 0.96 points to 82.15.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 7 stocks with bids higher than last selling prices and 8 with lower offers.
Gains| Angostura Holdings added 1 cent to close trading at $14.72 with an exchange of 11,968 shares, JMMB Group rose 6 cents to close at a 52 weeks high of $1.16 with 43,691 units being purchased, National Commercial Bank climbed 15 cents, closing at a 52 weeks high of $3.35 with 193,012 units traded, valued at $632,749. Scotia Investments closed at $2.21, gaining 1 cent with 1,100 shares changing hands, Trinidad & Tobago NGL traded 9,694 units to close at $21, for a gain of 35 cents and West Indian Tobacco added 2 cents to close at $127.02 with 578 shares changing owners.
Losses| Clico Investment lost 8 cents, closing at $22.50 with trades of 86,187 shares valued at $1,939,787, Massy Holdings closed at $51.42, a loss of 2 cents with 578 units traded, Sagicor Financial closed down by 5 cents to $8.50 with 22,247 shares being exchanged. Scotiabank traded 331 units, closing at $58.70, after a loss of 5 cents and Trinidad Cement traded just 500 shares to close at $4.55, after losing 50 cents.
Firm Trades| Ansa McAL was unchanged at $65.84 with 2,306 units changing hands, First Citizens exchanged a mere 42 shares to close at $34.93, Grace Kennedy closed at $2.68 with 109,095 shares traded and Guardian Holdings held firm at $13.13 with 707 units changing hands.

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TCL trades 1.9m units at $5.50

January 23, 2017 by

TCL closed at $5.50 on Monday.

With Cemex announcing at the end of last week, that they secured enough shares to take their holdings in Trinidad Cement to just over 50 percent, 1,926,850 units were traded at $5.50 with a value of $10,597,675.
The odds are that the trade may well be done on behalf of the Mexican based company albeit at a higher price that their last official price of $5.07. TCL stock closed with the bid below the last traded price with 12,000 being offered at $5.45 and buying of 320,004 shares at $3.20.
On Monday, trading closed with 11 securities changing hands in contrast to 7 on Friday leading to 4 stocks advancing, 7 holding firm and none declining. Swollen by the cement trade, volume exchanged, climbed to 2,076,758 units at a value of $12,907,895 compared to only 182,914 shares valued at $736,886 on Friday.
The Composite Index advanced 2.44 points to 1,222.30 points, the All T & T Index climbed 2.84 points to 1,840.78 points and the Cross Listed Index gained 0.28 points to 80.77 points. The gains, disguises a broader weakness in the market which closed with much more weak offers than for some time in the recent past.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 7 stocks with bids higher than last selling prices and 12 with lower offers.
Gains| Guardian Holdings gained 10 cents, closing at $13.10 with 425 shares traded, National Commercial Bank closed trading at a 52 weeks’ high of $3.20, gaining 4 cents with 52,000 shares being executed. National Enterprises added 8 cents to close at $10.77 with 10,000 units changing hands and National Flour Mills rose 30 cents to $2.70 with an exchange of 5,000 shares.
Firm Trades| Angostura Holdings exchanged 4,000 units and closed at $14.70, Clico Investment closed at $22.51 with 67,145 units valued at $1,514,808 changing hands, First Citizens was unchanged at $34.93 with a mere 54 shares changing hands. Prestige Holdings remained at $11 with 300 shares changing hands, Scotiabank traded as high as $58.80 but closed trading at $58.75 with 5,561 units changing owners, valued at $326,978 and Trinidad & Tobago NGL, with 5,423 stock units being executed, closed at $20.52.

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Cemex offer rejected by market so far

January 12, 2017 by

TCL closed at 52 weeks’ high of $5.10 on Thursday.

Trinidad Cement stock closed at $5.10 on the Trinidad market, with 85,800 units changing hands valued at $436,690. The price shot past the Cemex revised offer price of $5.07 by adding 5 cents in trading on Thursday in closing at a 52 weeks’ high. Importantly the stock has a bid of $5.10 to buy 39,475 shares and closed without an offer being posted a sure sign of higher prices ahead.
Activity climbed sharply from the lows levels experienced for 2017 to date as 15 securities traded, compared to 7 on Wednesday. A total of 6 stocks advanced, 1 fell and 8 remained unchanged as 328,077 units changed hands, valued at $2,705,386 compared to a mere 28,747 shares valued at $573,758 on Wednesday.
The Composite Index gained 0.33 points to 1,215.28 points, the All T & T Index rose 0.15 points to 1,837.11 points. The Cross Listed Index gained 0.07 points to 79.35 points.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| Guardian Holdings advanced 10 cents to $12.90 with an exchange of 35,031 shares valued at $451,900, National Enterprises added 1 cent to close at $10.69 with 2,045 shares changing owners, Sagicor Financial gained 8 cents, closing at a 52 weeks’ high of $8.10 with 3,000 units being traded. Trinidad & Tobago NGL closed at $20.50, up 1 cent with 20,000 shares changing hands valued at $409,878 and West Indian Tobacco, swapped 5,580 units valued at $708,757, closed trading with a rise of 2 cents at $127.02.
Losses| Calypso Macro lost 1 cent to close at a 52 weeks low of $21.88 with 1,000 shares being exchanged.
Firm Trades| Angostura Holdings closed at $14.70, with 12,025 units changing owners, Clico Investments held firm at $22.60 with 581 shares being exchanged, First Citizens closed trading at $34.97 with 55 units changing hands, National Commercial Bank was unchanged at $3.10 with an exchange of 50,000 shares. National Flour closed at $2.40 with only 10 units being traded, Prestige Holdings ended trading at $11 with 164 shares changing hands, Scotia Investments held firm at $2.10 with trades of 112,000 units and Scotiabank closed at $58.75 with 786 shares changing ownership.

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More securities actively traded Monday

January 9, 2017 by

Market activity on the Trinidad & Tobago stock market on Monday ended with 14 securities changing hands compared to 11 on Friday. The market closed as 3 stocks advanced, 4 declined and 7 were unchanged with 225,197 units being traded at a value of $4,965,442 compared to Friday’s 222,518 shares valued at $4,418,139.
The Composite Index advanced 1.13 points to 1,212.88 points, the All T&T Index lost of 0.56 points to close at 1,833.53 points and the Cross Listed Index gained 0.39 points to 79.19 points.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 2 with lower offers.
Gains| National Commercial Bank exchanged 8,087 shares advancing 5 cents to close at a 52 weeks’ high of $3.10, Scotia Investments rose 5 cents, with 11,041 units trading, and closed at a 52 weeks’ high of $2.10 and Trinidad Cement added 22 cents to close at a 52 weeks’ high of $4.67 while exchanging of 121,560 shares, valued at $551,785.
< Strong> Losses| Angostura Holdings closed at $14.70, falling 5 cents with 2,221 shares changing owners, Ansa McAL lost 25 cents, closing trading at $66.25 with only 150 units traded,. Scotiabank was down 3 cents to $58.77 with 26,839 shares changing ownership, valued at $1,577,378 and Unilever Caribbean closed at $59.80, with a loss of 3 cents and a mere 40 units trading.
Firm Trades| Clico Investments closed trading at $22.60 with 7,025 units being exchanged, First Caribbean International traded 25,716 shares and closed at $8.50, Guardian Media traded 408 units, to close at $19, JMMB Group was unchanged at 92 cents with an exchange of 3,300 shares. National Enterprises with 200 shares traded, closed at $10.68, Trinidad & Tobago NGL ended the day at $20.50 with an exchange of 100 units and West Indian Tobacco with 18,510 shares valued at $2,350,770 changing ownership, closed at $127.

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