TTSE falters with low activity – Thursday

TTSE build Trading on the Trinidad and Tobago stock market ended June on a low note with just 6 securities trading and the market slipped on the final day. Trading accounted for 51,825 shares valued at $1,313,880 changing hands. The market closed with 4 declining and 2 remaining unchanged.
The Composite Index lost 1.54 points or to close at 1,135.61, the All T&T Index declined by 3.07 points to close at 1,787.98 and the Cross Listed Index remained unchanged at 64.32 points.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 6 stocks with bids higher than their last selling prices and 8 with offers that were lower.
Losses|First Citizens dropped $1.10 in trading 350 shares to close at $33.40, the stock was offered at $34 at the close to sell only 150 units, the bid is at $33.40 to buy 247 shares. Massy Holdings lost 5 cents and closed at $55.25 with 2,892 shares changing hands, TTSE 30-06-16rNational Enterprises closed with 24,244 shares changing hands at $10.75 after slipping 23 cents, Scotiabank lost 7 cents to close at $53.73 with 11,345 shares traded with a value of $609,740.
Firm Trades| National Flour Mills had 857 shares changing hands at $2.30 and Trinidad and Tobago NGL traded 12,137 units and ended at $22.25.

TTSE inches up – Wednesday

TTSE build Trading on the Trinidad and Tobago stock market accounted for 639,447 shares valued at $3,501,364 changing hands. At the close, 13 securities traded with 4 gaining, 3 declining, while 6 remained unchanged.
The Composite Index advanced by 1.08 points or to close at 1,137.15, the All T&T Index rose 2.33 points to close at 1,791.05 and the Cross Listed Index fell by 0.03 points to 64.32.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 6 stocks with bids higher than their last selling prices and 8 with offers that were lower.
Gains| Angostura Holdings contributed 31,835 shares valued at $413,855 to end at $13 after rising by 10 cents, First Citizens jumped 75 cents to close at $34.50 while trading 3,899 shares, the stock was offered at $34 at the close. Massy Holdings rose 5 cents and closed at $55.30 with 15,000 shares changing hands valued at $829,500 and National Commercial Bank traded 214,186 shares valued at $557,234 to close 1 cent higher at $2.61.
TTSE 29-06-16 Losses| Republic Financial Holdings declined by 1 cent to close at a 52 weeks’ low of $107.18 with just 20 shares changing hands, Scotiabank lost 2 cents to close at $53.80 with 1,810 shares traded and Unilever Caribbean fell 3 cents with only 30 shares trading at a 52 weeks’ low of $64.77.
Firm Trades| Clico Investments ended with 22,693 shares changing hands, valued at $514,223 at $22.66, JMMB Group traded 237,519 shares at 60 cents, National Flour Mills had 217 shares changing hands at $2.30. Prestige Holdings had just 50 units changing hands at $10.90, Sagicor Financial traded 112,177 units value of $809,917 and ended at $7.25 and West Indian Tobacco closed trading with 11 shares at $126.28.

TTSE ends higher – Tuesday

TTstocks Trading on the Trinidad and Tobago stock market accounted for 731,354 shares valued at $2,437,546 changing hands. At the close, 14 securities traded with 2 gaining, 2 declining, while 10 remained unchanged.
The Composite Index advanced by 0.16 points or to close at 1,136.07, the All T&T Index fell 0.24 points to close at 1,788.72 and the Cross Listed Index advanced by 0.08 points to 64.35.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 stocks with bids higher than their last selling prices and 7 with offers that were lower.
Gains| Praetorian Property Mutual Fund contributed 465,450 shares valued at $1,172,780 to end at $2.51 after rising by 1 cent and Sagicor Financial traded 14,300 units to gain 8 cents and ended at $7.25.
Losses| Republic Financial Holdings declined by 5 cents to close at a 52 weeks’ low of $107.19 with just 30 shares changing hands and Scotiabank lost 2 cents to close at $53.82 with 442 shares traded.
Firm Trades| Clico Investments ended with 8,820 shares changing hands to end at $22.66, Guardian Holdings closed trading at $12.80, with 5,555 shares changing hands, TTSE 28-06-16JMMB Group traded 202,344 shares at 60 cents, Massy Holdings closed at $55.25 with 11,920 shares changing hands valued at $658,580. National Commercial Bank traded 18,514 shares to close at $2.60, National Flour Mills had 1,915 shares changing hands at $2.30, One Caribbean Media traded 30 shares to end at $21.24. Trinidad and Tobago NGL closed at $22.25 with 1,000 units changing hands, Trinidad Cement had 1,000 shares changing hands ended at $3.42 and West Indian Tobacco closed trading with 34 shares at $126.28.

Stocks still hitting lows on TTSE

First Citizens. jumped $1.10 on TTSE on Friday

First Citizens. jumped $1.10 on TTSE on Friday

Trading on the Trinidad and Tobago Stock Exchange ended on Friday with two new 52 weeks’ lows on a day of moderate trading as 169,382 shares valued at $5,491,268 changed hands. At the close 16 securities traded with 4 gaining, 3 declining, while 9 remained unchanged.
The Composite Index advanced by 1.20 points or to close at 1,128.99, the All T&T Index rose 2.38 points to close at 1,789.13 and the Cross Listed Index remained at 62.36.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 stocks with bids higher than their last selling prices and 6 with offers that were lower, suggesting there are more declines in a number of stocks to come.
Gains| First Citizens Bank closed trading with 2,410 shares and gained $1.10 to end at $33.75, Guardian Holdings gained 5 cents to close at $12.80, with 7,700 shares changing hands, Point Lisas traded 5,000 shares and gained 1 cent, to end at $3.70 and West Indian Tobacco gained 1 cent in trading 4,000 shares at $126.29.
Losses| Guardian Media traded 1,064 shares at a 52 weeks’ lows of $19.70 after falling 5 cents. Massy Holdings dropped 50 cents to close at $55.25, with 44,926 shares with a value of $2,482,177 changing hands and Republic Financial Holdings ended with 16,460 shares valued at $1,765,170 to close at a 52 weeks’ low of $107.24 with a loss of 1 cent.
TTSE 24-06-16 Firm Trades| Angostura Holdings ended with 6,689 shares changing hands to end at $12.90, Clico Investments ended with 4,177 shares changing hands to end at $22.68, JMMB Group traded 38,264 shares at 60 cents, National Enterprises closed with 215 shares changing hands at $10.98. National Flour ended with 18,285 shares changing hands to close at $2.30, Sagicor Financial traded 4,066 units at $7.14, Scotiabank closed at $53.85 with 497 shares traded, Trinidad and Tobago NGL closed at $22.25 with 8,689 units changing hands and Trinidad Cement 6,940 units at $3.42.

3 new lows on TTSE – Thursday

Trading on the Trinidad and Tobago Stock Exchange ended on Thursday with 3 new lows and one new 52 weeks’ high on a day of moderate trading. The market ended with 13 securities trading with, 3 securities gaining, 4 declining, while 6 remained unchanged, as 75,687 shares valued at $2,015,877 changed hands.
TTSE build The Composite Index advanced by 0.32 points or to close at 1,127.79, the All T&T Index rose 0.64 points to close at 1,786.75 and the Cross Listed Index remained at 62.36.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 stocks with bids higher than their last selling prices and 5 with offers that were lower, including Republic Holdings and National Enterprises with lower offers than the last selling price.
Gains| Ansa Merchant Bank gained 50 cents in trading 500 shares to close at a 52 weeks high of $40, Massy Holdings rose 76 cents to close at $55.75 with 6,916 shares with a value of $381,100, changing hands and Prestige Holdings ended with 203 shares changing hands to close by 2 cents t0 $10.95.
Losses| Ansa McAl traded 2,500 units at a 52 weeks’ low of $62.43 after falling 4 cents, National Enterprises closed with a loss of 2 cents as 16,967 shares changed hands at $10.98. Praetorian Property Mutual Fund contributed 20,000 shares to end at a 52 weeks’ low of $2.50 after falling by 20 cents and TTSE 22-06-16Republic Financial Holdings ended with 5,600 shares valued at $600,600 to close at a 52 weeks’ low of $107.25 with a loss of 14 cents.
Firm Trades| Angostura Holdings ended with 460 shares changing hands to end at $12.90, First Citizens Bank closed trading with 1,748 shares at $32.65, Guardian Holdings closed at $12.75 with 4,279 shares changing hands. National Flour ended with 3,300 shares changing hands to close at $2.30, Scotiabank closed at $53.85 with 6,342 shares valued at $341,517 traded and Trinidad and Tobago NGL closed at $22.25 with 6,872 units changing hands.

6 TTSE stocks fell 1 rose – Wednesday

TTSE build Fresh from closing on Tuesday with a good bounce, trading on the Trinidad and Tobago Stock Exchange saw continuation of gains but at a more modest level on Wednesday with 13 securities trading. At the close of trading, 450,739 units changed hands valued at $7,596,505.
The Composite Index advanced by 1.18 points or to close at 1,127.47, the All T&T Index rose 2.39 points or 1.24 percent to close at 1,786.11 and the Cross Listed Index remained at 62.36.
The market closed on Wednesday with, 1 security rising, 6 declining stock, while 6 remained unchanged, and two traded at 52 weeks’ lows as 450,739 shares valued at $7,596,505 changed hands.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator had 6 stocks with bids higher than their last selling prices and 8 with offers that were lower, including Republic Financial Holdings and National Enterprises with lower offers than the last selling price.
Gains| Clico Investments ended with 4,370 shares changing hands and gained 1 cent to close at $22.66.
Losses| First Citizens Bank price dropped 85 cents in trading 2,367 shares to close at $32.65, Guardian Holdings fell 5 cents and closed at $12.75 with 8,721 shares changing hands, Massy Holdings lost 1 cent to close at $54.99 with 6,752 shares with a value of $371,292, changing hands. Republic Financial Holdings ended with 57,704 shares valued at $6,196,833 to close with a loss of 4 cents to a new 52 weeks’ low of $107.39,TTSE 22-06-16 Sagicor Financial Corporation traded 3,819 shares to end at $7.14 after falling 1 cent and Unilever Caribbean fell 2 cents with 10 shares trading at a 52 weeks’ low of $64.80.
Firm Trades| Agostini’s ended with 630 shares changing hands to end at $17.05, JMMB Group traded 300,000 shares to close at 60 cents, Scotiabank closed at $53.85 as 492 shares changing hands. Trinidad and Tobago NGL traded 13,492 shares with a value of $300,199 to close at $22.25, Trinidad Cement ended with 1,101 shares trading at $3.42 and West Indian Tobacco traded 1,281 shares at $126.28.

3 rise no declines on TTSE – Friday

TTSE build Trading on the Trinidad and Tobago Stock Exchange closed on Friday with 10 active securities changing hands, 3 of which gained, there were no declining stocks, while 11 remained unchanged, as 473,677 shares valued at $8,728,602 changed hands.
The Composite Index gained 1.90 points to close at 1,115.33, the All T&T Index rose 2.51 points to close at 1,761.94 and the Cross Listed Index rose 0.17 to close at 62.36.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 6 stocks with bids higher than their last selling prices and 5 with offers that were lower.
Gains| Angostura Holdings traded 15,200 shares and rose 15 cents to end at $12.90, , Massy Holdings gained just 1 cent to close at $50.01 with 48,372 shares with a value of $2,418,624 changing hands and Sagicor Financial Corporation traded 22,926 shares to end at $7.17 with a rise of 17 cents
Firm Trades| Clico Investments ended with 163,994 shares carrying a value of $3,707,280 changing hands, to close at $22.60, First Citizens Bank traded 15,643 shares valued at $484,933 to close at $31, TTSE 17-06-16Firstcaribbean International Bank closed at $6.57 with 16,504 shares changing hands. Guardian Holdings closed at $12.80 with 7,619 shares changing hands, JMMB Group traded 34,400 shares to close at 59 cents, National Flour ended with 78,887 shares changing and closed at $2.30, National Enterprises closed with 37,610 shares valued at $413,710 changing hands at $11. Trinidad and Tobago NGL closed at $22.25 with 30,349 units valued at $675,265 changing hands, Republic Holdings ended with 18 shares to close at $107.43 and Scotia Investments traded 95 shares to end at $1.65 and West Indian Tobacco traded 2,060 shares at $126.28.

Huge arbitrage between JSE stocks on TTSE

Massy jumped TT$1.74 on the TTSE on Thursday

Massy jumped TT$1.74 on the TTSE on Thursday

A huge arbitrage potential has now developed between Jamaican stocks listed on Trinidad and Tobago Stock Exchange with a 20 percent differential between the prices of the stocks in Jamaica and those in the twin island republic. The highest bid on National Commercial Bank stock is at $2.60 to buy 31,958 shares and the lowest offer at $2.75 to sell 55,000 units. The stock which sells in Jamaica at J$41.15 trades at J$49 in Trinidad, a huge difference of 19 percent, in contrast, the bid on Grace in Trinidad is TT$5.52 or Jamaican $105 while the stock trades in Jamaica at $125, there is no stock on offer in the twin island state.
JMMB Group trades at a 10 percent premium on the Trinidad Stock Exchange to the last traded price in Jamaica while Scotia Investments is trading at the equivalent of $31 versus $26 in Jamaica a 20 percent difference.
Trading on the Trinidad and Tobago Stock Exchange closed on Thursday with 10 active securities changing hands, 3 of which gained, 3 declined, while 4 remained unchanged, as 395,460 shares valued at $11,087,828 changed hands. At the close 1 stock ended at a 52 weeks’ low.
The Composite Index gained 1.18 points to close at 1,113.43, the All T&T Index rose 4.86 points to close at 1,759.43 and the Cross Listed Index fell 0.35 points to close at 61.19.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 6 stocks with bids higher than their last selling prices and 5 with offers that were lower.
Gains|First Citizens Bank traded 2,009 shares and gained 93 cents to close at $31, Massy Holdings leapt $1.74 to close at $50 with 8,580 shares with a value of $419,474 changing hands and Scotiabank traded 22,019 shares valued at $1,147,585 and jumped 90 cents to end at $53 .
TTSE 16-06-16 Losses| National Commercial Bank traded 245,000 shares valued at $637,000, lost 5 cents, to close at $2.60, Republic Holdings ended with 76,222 shares with a value of $8,187,594 changing hands, but lost 5 cents in ending at a 52 weeks’ low of $107.43 and Trinidad and Tobago NGL fell 1 cent and closed at $22.25 with 18,730 units valued at $416,625 changing hands.
Firm Trades| Clico Investments ended with 3,500 shares changing hands, to close at $22.60, National Flour ended with 2,900 shares changing and closed at $2.30, National Enterprises closed with 4,000 shares changing hands at $11 and Sagicor Financial Corporation traded 12,500 shares to end at $7.

TTSE 6 stocks up 3 down on Wednesday

NCB closed at a new 52 weeks' high on the TTSE on Wednesday

NCB closed at a new 52 weeks’ high on the TTSE on Wednesday

Trading on the Trinidad and Tobago Stock Exchange closed on Wednesday with 16 active securities changing hands, 6 of which gained, 3 declined, while 7 remained unchanged, as 438,595 shares valued at $5,826,567 changed hands. At the close 2 stocks ended at 52 weeks’ highs.
The Composite Index gained 3.80 points to close at 1,112.25, the All T&T Index fell 0.27 points to close at 1,754.57 and the Cross Listed Index rose 1.08 to close at 62.54.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 stocks with bids higher than their last selling prices and 5 with offers that were lower.
Gains|First Citizens Bank traded 3,329 shares and gained 3 cents, to close at $30.07, Grace Kennedy traded 1,400 shares to gain 9 cents to end at a 52 weeks’ high of $5.49, Massy Holdings gained 6 cents to close at $48.26 with 1,000 shares changing hands. National Commercial Bank jumped 15 cents to close at a new high of $2.65 with 10,522 shares changing hands, Scotiabank traded 19,894 shares with a value of $1,035,555, to end at $52.10 after rising 9 cents and Trinidad and Tobago NGL closed at $22.26 with 5,050 units changing hands with a loss of 1 cent.
Losses| Clico Investments ended with 21,835 shares valued at $493,471 changing hands, after losing 1 cent to close at $22.60, TTSE 15-06-16JMMB Group fell 1 cent in trading 1,000 shares to close at 59 cents and National Enterprises, the volume leader, ended with 339,015 shares changing hands, valued at $3,729,315, with the price falling 15 cents, to close at $11.
Firm Trades| Agostini’s closed with 1,500 shares at $17.05, Guardian Holdings ended with 5,901 shares changing hands in ending at $12.80, followed by National Flour Mills traded 25,813 shares at $2.30. One Caribbean Media traded 256 units at $21.29, Sagicor Financial Corporation traded 280 shares to end at $7, Scotia Investments traded 1,000 shares to close at $1.65 and West Indian Tobacco traded 800 shares to close at $126.28.

TTSE stocks record gains – Tuesday

TTSM Trading on the Trinidad and Tobago Stock Exchange closed on Tuesday with 13 active securities changing hands, 2 of which gained, 2 declined, while 9 remained unchanged, as 379,646 shares valued at $3,134,529 changed hands. At the close 2 stocks ended at 52 weeks’ lows.
The Composite Index gained 0.11 points to close at 1,108.45, the All T&T Index rose 0.22 points to close at 1,754.84 and the Cross Listed Index remained unchanged to close at 61.46.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 6 stocks with bids higher than their last selling prices and 7 with offers that were lower.
Gains|First Citizens Bank traded 200 shares and gained 3 cents to close at $30.04 and Massy Holdings gained 3 cents to close at $48.20 with 352 shares changing hands.
Losses| Clico Investments ended with 20,935 shares valued at $473,340 changing hands after losing 4 cents to close at $22.61 and Guardian Holdings ended with 4,204 shares changing hands but lost 4 cents in ending at $12.80.
Firm Trades| JMMB Group traded 184,300 shares at 60 cents, Point Lisas ended with 12,600 units trading at $3.70, Prestige Holdings ended at $10.93 with 124,678 shares valued at $1,362,731 changing hands, Sagicor Financial Corporation traded 2.945 shares to end at $7, Scotia Investments traded 4,605 shares to close at $1.65.TTSE 14-06-16 Scotiabank traded 2,305 shares, to end at $52.01, Trinidad and Tobago NGL closed at $22.25 with 18,469 units valued at $410,963 changing hands, Trinidad Cement lost 1 cent with 53 units changing hands ended at $3.42 and West Indian Tobacco traded 4,000 shares valued at $505,127 to close at $126.28.
National Commercial Bank last traded at $2.50 and continues to close with greater buying than selling interest, with the highest bid at $2.51, to buy 71,100 shares and the lowest offer at $2.65, to sell 4,900 units. The stock which sells in Jamaica at J$42, trades at J$47.50 in Trinidad, for an 11 percent difference.