Trading on the Trinidad & Tobago Stock Exchange on Thursday maintained Wednesday’s performance but with 11 securities changing hands compared to 8. The market closed on Thursday with 3 stocks advancing, 2 losing and 6 unchanged as 326,391 units were traded at a value of $3,531,245 compared to Wednesday’s 117,706 shares valued at $3,555,197.
The Composite Index advanced 0.73 points to 1,212.18 points, the All T&T Index gained 0.43 points to 1,835.20 and the Cross Listed Index rose 0.14 points to 78.76 points.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 4 with lower offers.
Gains| Massy Holdings closed at $52 and gaining of 1 cent with 779 units trading, National Enterprises added 3 cents to close at $10.68 with 17,250 shares changing hands and Sagicor Financial ended the day’s trading at a 52 weeks’ closing high of $7.91, up 5 cents with an exchange of 6,873 units.
Strong> Losses| First Citizens bank lost 2 cents to close at $34.98 with 428 shares changing owners and Clico Investments was down 1 cent to $22.79 with 150 shares trading.
Firm Trades | Guardian Holdings held firm at $13 with an exchange of 210,092 shares valued at $2,614,196, JMMB Group was unchanged at 92 cents trading 64,442 units while National Commercial Bank closed at $3.05 with 1,000 units changing owners. Point Lisas closed at $3.75 with trades of 10,000 shares, Republic Financial Holdings with 92 units traded, closed at $108.44 and Trinidad & Tobago NGL traded 24,285 shares closing at $20.99 with a value of $509,742.
All round rise for TTSE market indices
Trinidad stocks drop 6% in 2016
Trinidad Cement closed at a 52 weeks’ high on Friday.
While the values of the Trinidad based company declined that for the wider Caribbean grew by nearly 58 percent and resulted in the Composite index rising but by only 4 percent. The market closed the year on a positive note, with the IC bid-offer Indicator | showing the strongest reading for the last two trading days of the year with just 2 stocks closing with bids that were lower than their last sale price.
Trading on Friday resulted in 11 securities changing hands compared to 13 on Thursday. Market activity ended with 5 stocks rising, 1 declining and 5 holding firm, with 262,813 shares being traded valued at $6,001,767 compared to 155,564 shares being traded valued at $1,446,576 on Thursday.
The Composite Index rose 3.37 points to end the year at 1,209.53, the All T&T Index gained 1.35 points to 1,834.23 with a year to date loss at 6 percent. The Cross Listed Index rose 0.71 points at 78.17 points with year to date gains of 57.89 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 2 with lower offers.
Gains| Clico Investments Fund gained 1 cent in trading 665 units at $22.62, First Citizens Bank had 6,760 units trading with a gain of 25 cents to end at $35, JMMB Group traded 181,727 units to end at 90 cents with a 1 cent rise.
National Commercial Bank added 6,999 shares to stocks that traded and gained 10 cents to close at $3 and Trinidad Cement traded 2,000 units with a rise of 5 cents to close at a 52 weeks’ high of $4.40.Losses| Grace Kennedy traded 730 shares but lost 1 cent to close at $2.67
Firm Trades| Massy Holdings contributed just 12,350 shares with a value of $642,200 to end at $52, Readymix West Indies closed trading with 5,000 shares trading at $10.99. Republic Financial Holdings with a volume of 44,125 shares valued at $4,784,915 changing hands, closed at $108.44, Trinidad and Tobago NGL traded 1,909 shares at $21 and Unilever Caribbean ended with 548 units trading, to end at $59.84.
6 stocks rise on TTSE – Wednesday
Sagicor Financial closed at a 52 weeks’ high on Wednesday on the TTSE.
The Composite Index rose 2.04 points to 1,206.16, the All T&T Index gained 1.11 points to 1,832.67 with a year to date loss at 5.94 percent. The Cross Listed Index advanced by 0.40 to end at 77.46 points with year to date gains of 56.45 percent.
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| Clico Investments Fund traded 2,000 units at $22.61 after adding 1 cent, First Citizens Bank had 5,214 units trading with a gain of 44 cents to end at $34.99, National Commercial Bank traded 145,444 units valued at $421,788 and gained 3 cents to end at $2.90. Sagicor Financial Corporation gained 7 cents to end at
a 52 weeks’ high of $7.73 with 800 shares changing hands, Scotiabank gained 7 cents in trading 8,737 shares at $58.85 and Trinidad Cement traded 10,220 units with a rise of 10 cents to close at a 52 weeks’ high of $4.35.Losses| Republic Financial Holdings with a volume of 8,193 shares valued at $888,448 being traded, closed with a loss of 1 cent at $108.44 and Trinidad and Tobago NGL fell 25 cents, in trading 6,476 shares at $21.
Firm Trades | Guardian Holdings traded 12,558 units to close at $12.65, JMMB Group traded 101,000 units to end at 89 cents, Massy Holdings contributed just 91 shares to end at $52 and LJ Williams ended with 17,300 B shares trading at 66 cents.
Scotia Invest at new high
Scotia Investments closed at a new 52 weeks’ high on TTSE.
Trading ended with 2 stocks advancing, 4 declining and 7 unchanged and ended with 84,825 units valued at $1,022,125 compared to Tuesday’s 31,912 shares valued at $644,182.
The Composite Index declined 0.50 points to 1,205.32 points, the All T & T Index lost 1.13 points to 1,832.85 points with its year to date loss at 5.94 percent. The Cross Listed Index rose 0.02 points to 77.21 points with year to date gains of 55.95 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 10 with lower offers.
Gains| Scotia Investments gained 3 cents to close trading at a 52-week high of $2 with 500 shares changing hands, and Scotiabank closed at $59.65, an 89 cents increase with 1,835 shares being exchanged.
Losses| First Citizens lost 1 cent to close at $34.91 with 1,010 shares changing hands, Republic Financial Holdings closed at $108.45, a loss of 1 cent with 1,000 shares changing owners. Trinidad & Tobago NGL was down 3 cents,
closing trading at $21.97 with an exchange of 5,059 shares and West Indian Tobacco also lost 3 cents to close at $126.97 with 1,000 shares changing ownership.Firm Trades | Clico Investments closed at $22.61 with an exchange of 10 shares, Guardian Holdings, with 3,000 shares changing hands, closed at $12.65, JMMB Group was unchanged at 88 cents with 19,061 shares changing owners, Massy Holdings held firm at $51 with 5,584 shares being exchanged. National Enterprises closed at $10.65 with 472 shares changing hands, Point Lisas with a mere 10 shares being traded, closed at $3.70 and Trinidad Cement closed at $4.08 with 46,284 shares switching owners.
TTSE trading sinks on Friday
Trading on the Trinidad & Tobago Stock Exchange resulted in declines in activity on Friday with a mere 6 securities changing hands compared to 10 on Thursday. Trading ended with 1 stock rising, 3 falling and 2 trading with the price unchanged.
By the close only 129,133 units valued at $660,796 traded, in contrast to Thursday’s 180,027 shares valued at a just $179,861.
The Composite Index lost 0.94 points to 1,205.44, the All T&T Index fell 1.22 points to 1,833.20 with its year to date loss at 5.92 percent. The Cross Listed Index was down 0.10 points to 77.19 with year to date gain of 55.91 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 6 stocks with bids higher than last selling prices and 9 with lower offers.
Gains| Praetorian Property Mutual Fund closed at $2.76, having gained 6 cents with 43,328 shares changing ownership.
Losses| Guardian Holdings closed at $12.70 for a loss of 20 cents with 29,117 shares changing hands, valued at $369,786, JMMB Group lost 2 cents, closing at 88 cents with 33,423 shares being exchanged and National Enterprises was down 1 cent to $10.65 with an exchange of 681 stock units.
Firm Trades | Clico Investment traded firm at $22.61 with 3,541 shares changing owners and National Commercial Bank closed at $2.87 with an exchange of 19,043 shares.
No trading in TCL that’s poised to rise
Market activity on the Trinidad & Tobago Stock Exchange on Wednesday resulted in 14 securities trading compared to 13 on Tuesday. Trinidad Cement with a bid by Cemex to acquire majority of shares at $4.50 did not trade and ended with 12,432 units on the bid at $4.07 and 127,363 units being offered at $4.50. Trading ended with 3 stocks advancing, 2 declining and 9 remaining unchanged.
The market closed with 361,588 shares trading with a value of $3,622,735 in contrast to Tuesday’s volume of 197,320 valued at $1,996,726.
The Composite Index declined 0.01 point to 1,206.02 points, the All T&T Index gained 0.14 points to 1,834.52 points, lowering its year to date loss to 5.85 percent. The Cross Listed Index lost 0.02 points to 77.17 points with year to date gains slipping to 55.87 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 7 stocks with bids higher than last selling prices and 10 with lower offers.
Gains| Clico Investment gained 5 cents to close at $22.60 with 75,378 shares changing hands at a value of $1,703,450, National Enterprises closed at $10.66, adding 1 cent with 500 shares trading and Scotia Investments closed at $1.83, a gain of 2 cents with 222 shares changing owners.
Losses| Ansa Merchant Bank closed at $40, a loss of 1 cent with 6,000 shares changing hands and Grace Kennedy was down 1 cent to $2.72 with 610 shares switching owners.
Firm Trades| Angostura Holdings held firm at $15.50 as 75,000 shares changed hands with a value of $1,162,500, First Citizens Bank, with 4,975 shares being exchanged, closed at $34.93, and JMMB Group closed at 90 cents with 191,407 shares changing hands. Massy Holdings remained at $51 with 1,930 shares changing owners, National Commercial Bank closed trading at $2.87 and an exchange of 95 shares, National Flour Mills, with 2,151 shares switching owners, closed at $2.52. Prestige Holdings closed at $11 with an exchange of 181 shares, Sagicor Financial at $7.63 had 775 shares changing hands and Trinidad & Tobacco NGL closed at $22 with 2,364 shares changing owners.
TCL climbs to hit $4
TCL closed closer to offer price of $4.50.
Trading ended with 13 securities changing hands compared to 11 on Monday as 3 stocks advanced, 2 declined and 8 remained unchanged. Volume traded amounted to 197,320 shares were traded with a value of $1,996,726 in contrast to Monday’s volume of 846,000 units valued at $6,385,564.
The Composite Index declined 1.29 points to 1,206.03 points, the All T&T Index gained 3.83 points to 1,834.38 points, reducing its year to date loss to 5.86 percent. The Cross Listed Index lost 0.88 points to 77.19 points with year to date gains falling to 55.91 percent.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 10 with lower offers.
Gains| National Enterprises closed at $10.65 with gains of 5 cents and 1,900 shares changing hands, Sagicor Financial crept up 1 cent, closing at a 52 weeks’ high of $7.63 with 6,000 shares changing hands. Trinidad Cement advanced 13 cents to close at $4.01 as 124,891 shares were exchanged for a value of $499,813.
Losses| National Commercial Bank closed at $2.87, with a loss of 13 cents as 6,817 shares changed hands and Trinidad & Tobago NGL was down 35 cents to $22 with 2,700 shares switching owners.
Firm Trades| Angostura Holdings remained unchanged at $15.50 with 15 shares changing hands, Clico Investment, with 10,252 shares switching owners, closed at $22.55, and FirstCaribbean International Bank held firm at $8.50 with 24,784 shares changing hands. JMMB Group closed with 4,000 shares changing hands at 90 cents, Massy Holdings held at $51 with 3,924 shares changing owners, Prestige Holdings closed at $11 with an exchange of 16 shares, Scotiabank ended at $58.69 had 12,018 changing hands valued at $705,336 and West Indian Tobacco closed at $127 with only 3 shares changing hands.
TTSE down with 2 stocks rising
Trinidad Cement climbed 4% on Thursday & follows a $20 settlement agreement with workers to buy TCL shares.
The shares to be acquired would approximate to around 6 million units based on the current stock price.
Trading ended with 12 securities changing hands, the same in number as Wednesday with 2 advancing, 3 declining and 7 remaining unchanged as a mere 25,307 shares changed hands with a value of $525,554, in contrast to Wednesday’s volume of 184,035 valued at $4,500,237.
The Composite Index lost 0.36 points to 1,205.44 points, the All T&T Index was down 0.38 points to 1,827.89 points, down 6.19 percent year to date. The Cross Listed Index eased 0.04 points to 77.93 points with year to date gains of 57.40 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 8 with lower offers.
Gains| Trinidad Cement gained 14 cents to close at $3.39 with 1,000 shares being exchanged and West Indian Tobacco closed with a gain of 1 cents at $127 while exchanging 1,316 shares.
Losses| First Citizens lost 7 cents to close at $34.93 with 220 shares changing hands, FirstCaribbean International Bank lost 1 cent, closing at $8.49 with 306 shares changing hands and Guardian Holdings was down 34 cents to close at $12.54 while trading 10,378 shares.Firm Trades| Angostura Holdings held firm at $15.50 with 1,000 shares changing hands, Massy Holdings traded 1,498 shares at $51, National Enterprises, with 8,600 shares changing hands, closed at $10.60, Prestige Holdings closed at $11 with 41 shares trading. Republic Financial Holdings traded at $108.49 with 7 shares switching ownership, Scotiabank closed at $58.70 with 251 shares changing hands, Trinidad & Tobago NGL closed at $22.40 with 690 shares being active
Investors pay up for Massy shares
Investors paid a slightly higher price on Tuesday, to acquire a relatively large block of Massy Holdings’ shares, worth $14.8 million. The block accounted for 84 percent of all stocks traded on the Trinidad & Tobago Stock Exchange.
Trading ended with just 9 securities changing hands compared to 10 on Monday with 3 advancing, 2 declining and 4 remaining unchanged. Market activity closed with 345,479 shares changing hands with a value of $16,556,172, in contrast to Monday’s volume of only 75,910 with a value of $5,054,214.
The Composite Index climbed higher by 1.21 points to 1,194.38 points, the All T & T Index advanced 2.40 points to 1,812.13 points, down 7 percent year to date. The Cross Listed Index remained firm at 77.07 points with year to date gains of 55.67 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 6 stocks with bids higher than last selling prices and 9 with lower offers.
Gains| Angostura Holdings gained 50 cents to close at $16 with 2,400 shares changing hands, First Citizens closed at $35, up 10 cents, with 8,050 shares changing hands after it traded at a low for the day of $33.26 and the volume leader. 
Massy Holdings, closed at $50.99, a gain of 2 cents after trading at $51 with 291,086 shares changing hands valued at $14,844,290.
Losses|Grace Kennedy lost one cent to close at $2.73 with 1,500 shares changing hands and Republic Financial Holdings lost 51 cents to close at $108.49 with 91 shares changing hands.
Firm Trades | JMMB Group closed at 90 cents with 8,300 shares changing hands, National Commercial Bank closed at $2.87 with 12,362 shares changing hands, National Enterprises traded firm at $10.60 with 540 shares changing hands while Scotiabank closed at $58.50 with 23,400 shares changing hands with a value of $1,368,700.
Trading volume rebounds on TTSE
Trading levels rebounded strongly on the Trinidad & Tobago Stock Exchange on Thursday with 513,946 shares changing hands with a value of $9,953,673, in contrast to Wednesday’s volume of 31,204 with a value of $2,125,247.
At the close of trading, 17 securities changed hands, 2 advanced, 7 declined and 8 ended unchanged.
The Composite Index gained 0.47 points to 1,191.45 points, the All T & T Index closed 0.24 points lower to 1,804.60 points, down 7.39 percent year to date. The Cross Listed Index advanced 0.16 points to 77.31 points with year to date gains of 56.15 percent.
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| Agostini’s gained 11 cents to close at $17.51 with 300,618 shares changing hands with a value of $5,260,821 on strong fourth quarter results and Berger Paints gained one cent to close at a 52 weeks high of $4.06 with 500 shares changing hands.
< Strong> Losses|Ansa McAL lost 6 cents to close at $61.94 with 3,242 shares changing hands, Guardian Holdings lost 5 cents with 5,524 shares changing hands to close at $12.90, JMMB Group lost 1 cent and closed at 90 cents with 5,650 shares changing hands, Massy Holdings lost 2 cents to close at $50.97 with 3,965 shares changing hands. Scotiabank closed at $58.70, down 2 cents with 184 shares changing hands, Trinidad & Tobago NGL lost 4 cents to close at $22.50 with 10,200 shares changing hands and Unilever Caribbean lost 2 cents to close at $59.85 with 1,404 shares changing hands.
Firm Trades | Clico Investment closed at $22.60 with 100,500 shares changing hands with a value of $2,270,305, First Caribbean International Bank closed at $8.50 with 2,000 shares changing hands, National Commercial Bank closed at $2.90 with 50,000 shares changing hands. National Enterprises closed at $10.60 with 11,817 shares changing hands, Point Lisas closed at $3.70 with 750 shares changing hands. Prestige Holdings closed at $11 with 12 shares changing hands, Sagicor Financial closed at $7.50 with 7,580 shares changing hands and West Indian Tobacco closed at $127 with 10,000 shares changing hands valued at $1,270,000.