Unilever jumps $5 on Wednesday

March 1, 2017 by

Unilever Caribbean traded with a $5 gain on Wednesday to $57.

Unilever Caribbean recovered $5 of the big loss it incurred last week, to close at $57, while trading 500 shares, after the Trinidad & Tobago Stock Exchange traded for the first time this week, having closed for the annual carnival celebration.
Trading ended on Wednesday with 12 securities changing hands compared to 11 on Friday. At the close 1 stock advanced, 4 declined and 7 remained unchanged.
A total of 863,631 shares traded at a value of $18,073,175 in contrast to Friday’s 161,647 shares traded at a value of $2,116,016. Clico Investment Fund trading, contributed mostly to the rise in the dollar value of Wednesday’s trading.
The Composite Index rose 2.46 points to 1,240.01, the All T&T Index gained 7.06 points to 1,822.44 and the Cross Listed Index declined 0.30 points to 88.16.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 8 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Unilever Caribbean was the only stock rising on Wednesday.
Losses| Guardian Holdings lost 25 cents to close at $14.75 while exchanging 19,655 shares, with a value of $290,544, One Caribbean Media dropped $1 to end at a 52 weeks’ low of $16 after trading 3,715. Point Lisas dropped 15 cents with trades of 700 units to close at a 52 weeks’ low of $3.50. Sagicor Financial Corporation closed with 106,655 shares changing hands for a value of $966,605 to end at $9.06 after falling by 41 cents.
Firm Trades| Clico Investment Fund traded 678,500 units valued at $15,266,250 and ended trading at $22.50, First Citizens closed at $32.26, with 1,686 units changing hands, JMMB Group closed at $1.28 with an exchange of 17,741 shares, Massy Holdings closed unchanged at $53 while trading 25,000 shares valued at $1,325,099. Republic Financial Holdings closed at $106.35 with 100 units traded, Scotia Investments closed with trades of 9,185 units at $2.19 and West Indian Tobacco held firm at $127, trading 194 shares.

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Republic drops $2.65 on Friday

February 24, 2017 by

Republic Financial Holdings dropded $2.65 on Friday on the TTSE.

Republic Financial Holdings gave back a large portion of the gains made on Thursday by closing $2.65 lower on Friday on the Trinidad & Tobago Stock Exchange.
Trading ended on Friday with 11 securities changing hands compared to 16 on Thursday. At the close 2 stocks advanced, 5 declined and 4 remained unchanged.
A total of 161,647 shares traded at a value of $2,116,016 in contrast to Thursday’s 388,620 shares valued at $8,599,471.
The Composite Index lost 5.25 points to 1,237.55, the All T&T Index declined 10.90 points to 1,815.39 and the Cross Listed Index gained 0.07 points to 88.46.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 9 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| JMMB Group gained 3 cents to close at $1.28 with an exchange of 17,064 shares and Scotiabank advanced 50 cents with trades of 3,598 units to close at $58 after trading at $58.75 during the trading session.
Losses| Grace Kennedy closed at $2.63, down 1 cent with 19,400 units changing hands, Guardian Holdings lost 50 cents to close at $15 with trades of 19,040 shares, National Commercial Bank closed at $3.60, losing 1 cent with an exchange of 6,735 units. Republic Financial Holdings closed $2.65 lower to $106.35 with 6,050 units traded at a value of $631,713 and Trinidad & Tobago NGL declined 60 cents to close at $22.65 with 3,250 units changing owners.
Firm Trades| Angostura Holdings closed at $15 trading 20,940 units valued at $314,110, National Flour Mills traded 39,500 shares at $2.70, Scotia Investments closed with trades of 23,350 units at $2.19 and West Indian Tobacco held firm at $127 trading 2,720 shares valued at $345,440.

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Mixed trading for Trinidad stocks

February 23, 2017 by

Republic Financial Holdings jumped $6 on Thursday on the TTSE.

Republic Financial Holdings jumped sharply by the close of trading to end at $109 on the Trinidad & Tobago Stock Exchange on Thursday helping the All T&T Index to made some gains to almost wipe of the loss for the year to date.
Trading ended with 16 securities changing hands compared to 17 on Wednesday with 6 stocks advancing, 3 unchanged and 7 declining. A total of 388,620 shares were traded at a value of $8,599,471 in contrast to Wednesday’s 963,376 shares valued at $19,028,454.
The Composite Index lost 0.53 points to 1,242.80, the All T&T Index rose 6.19 points to 1,826.29 and the Cross Listed Index fell 1.00 points to 88.39.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 9 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| First Citizens closed at $32.26, adding 1 cent trading 1,290 shares, National Commercial Bank gained 1 cent to close at $3.61 with an exchange of 5,986 units, National Flour Mills closed 10 cents higher at $2.70 with 20,000 shares changing hands. Republic Financial Holdings climbed to $109, with gains of $6 trading 52,450 shares valued at $5,577,817, Scotia Investments gained 4 cents to close at $2.19 with trades of 45,000 units and Unilever Caribbean advanced $1, closing at $52 with 1,166 units exchanged.
Losses| Clico Investment was down 1 cent, closing at $22.50 with 18,600 units exchanged, at a value of $418,509, Guardian Holdings closed at $15.50, losing $1 with 105,480 shares changing hands, valued at $1,641,623, JMMB Group closed at $1.25 with a loss of 3 cents with an exchange of 96,550 units. Praetorian Property closed 1 cent lower to $3 with 2,000 units traded, Prestige Holdings lost 1 cent to close at $10.85 trading 500 shares, Trinidad & Tobago NGL declined 40 cents to close at $23.25 with 10,434 units changing owners and Trinidad Cement closed at $4.17, losing 23 cents trading 26,037 shares.
Firm Trades| Massy Holdings closed at $53 trading 1,827 units, Point Lisas traded at $3.65 with 500 shares changing hands and West Indian Tobacco held firm at $127 with trades of 800 shares.

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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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Trinidad stocks post gains on Tuesday

February 7, 2017 by

The Trinidad & Tobago Stock Exchange closed on Tuesday with 10 securities trading compared to 14 on Monday with more stocks rising in price than those declining.
At the close, 4 stocks advanced, 2 declined and 4 were unchanged, resulting in 197,505 shares changing hands at a value of $1,350,912 compared to Monday’s 985,557 shares valued at $2,465,660.
The Composite Index gained 1.18 points to 1,230.48, the All T&T Index advanced 2.59 points to 1,825.75 and the Cross Listed Index lost 0.05 points to 85.08.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 9 stocks with bids higher than last selling prices and 10 with lower offers.
Gains| Ansa McAL gained 61 cents to close at $66.45 with an exchange of just 25 units, Guardian Holdings added 6 cents and closed at a 52 weeks’ high of $14.61 with 52,069 shares changing hands at a value of $759,849. Trinidad & Tobago NGL closed at $22.55, gaining 5 cents with 5,056 shares traded and Guardian Media 6% preference share added 3 cents to close at a 52 weeks’ high of $65.04 with a mere 5 units switching owners.
Losses| Sagicor Financial dropped 8 cents, closing at $9.12 with 10,094 units being exchanged and Scotiabank lost 5 cents to close at $58.70 with 274 shares changing hands.
Firm Trades| Grace Kennedy closed at $2.65 trading 107,120 units, Scotia Investments remained at $2.21 with an exchange of 15,525 shares, Trinidad Cement held firm at $4.15 with trades of 7,000 shares and Unilever Caribbean closed at $58.50 with 337 units changing hands.

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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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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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TCL at $5.50 as investors spurn Cemex

January 20, 2017 by

Trinidad Cement closed at a 52 weeks’ high on Friday.

Trinidad Cement share price hit a new high of $5.50 by rising 40 cents to a 52 weeks’ closing high of $5.50 with 88,796 transactions valued at $483,135 on the Trinidad & Tobago Stock Exchange on Friday.
At the close there was a bid to buy 1,924,850 units at $5.50, with only 122,886 units on offer at $5.60. The closing prices are the clearest message that investors are not impressed with the final offer price of $5.07 by Cemex. The closing price on Friday is still lower than the $5.60 to $6.18, Ernst and Young placed on the stock.
The market traded a mere 7 securities in contrast to 12 on Thursday leading to 5 stocks advancing, 2 holding firm and none declining. There were 182,914 units exchanged at a value of $736,886 compared to 382,443 shares valued at $3,889,464 on Thursday.
Trading ended with all three indices climbing to their highest, since the start of 2017. The Composite Index advanced 2.87 points to 1,219.86 points, the All T&T Index rose 2.40 points to 1,837.94 points and the Cross Listed Index gained 0.45 points to 80.49 points.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 8 stocks with bids higher than last selling prices and 9 with lower offers.
Gains| Clico Investment added 1 cent to close at $22.51 with an exchange of 1,000 shares, JMMB Group closed trading at a 52 weeks’ closing high of $1.10, gaining 4 cents with 50,000 transactions being executed, the closing price equates to J$21 well above the J$15.31 it sold for in Jamaica on Friday. Sagicor Financial advanced 5 cents, closing at a 52 weeks’ closing high of $8.15 with 300 units changing hands, Trinidad & Tobago NGL was up 2 cents to $20.52 with 1,000 shares traded.
Firm Trades| National Flour Mills was unchanged at $2.40 with 40,879 shares changing hands and Scotiabank held firm at $58.75 with 939 units changing ownership.

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