Unilever continuing rise on TTSE

August 4, 2015 by

Unilever products – Unilever Caribbean continues to trade at new highs virtually each time it trades

Trading in the overall market ended with 10 securities changing hands on Tuesday with 3 stocks gaining, 1 declining and 7 traded with the price unchanged. A total of only 138,979 shares traded, valued at $2,663,997.
At the close of the market, the Composite Index fell 0.04 points to close at 1,154.05, the All T&T Index declined by 0.08 points to 1,961.51 and the Cross Listed Index remained at 45.47.
Gains| In trading, Angostura Holdings ended with a gain of 1 cent while 870 shares changed hands at $24.02. Clico Investment Fund stock price rose 1 cent to $22.51 with 69,400 shares trading at a value of $1,562,146 and Unilever Caribbean with 6,000 units valued at $402,060, changing hands at a new 52 weeks high of $67.01 to end 1 cent higher.
Declines| National Enterprises closed with 40 shares trading lower by a cent at $17.18.
Firm Trades| Flavorite Foods traded 1,061 units at $4.80, TTSE sum 4-8-15.xlsxGuardian Holdings closed with 47,962 shares changing hands at $13.10 and valued at $628,302. National Flour Mills contributed 5,307 shares at $2.10, Sagicor Financial with 4,460 units trading closed at $6, Scotia Investments traded 3,800 units and closed at $1.50 and West Indian Tobacco closed with 79 shares changing hands at $125.40.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than their last selling prices and 3 stocks with offers that were lower.

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Profit up 171% for National Enterprises

July 5, 2015 by

National Flour - one of the companies that NEL has interest in

National Flour – one of the companies that NEL has interest in

National Enterprises (NEL), a holding company for a series of investments in other major enterprises formerly controlled directly by the Trinidad government, recorded a profit of $490 million for the year ended March 2015, compared to $181 million in the previous year, an increase of 171 percent with earnings per share of 80 cents, compared to 32 cents for the prior year.
“Your Board’s strategic decisions to pursue a diversification strategy by seeking new investments and strengthening management has also started to produce results” Kenny Lue Chee Lip, Chairman of the company stated in a release to the Trinidad & Tobago Stock Exchange recently.
Trinidad Telecom produced higher results of $85 million, up from a loss of $226 million and Trinidad Nitrogen Company $157 million versus $192 million in 2014 and $29 million. National Flour Mills in which NEL owns 51 percent also reported improved earnings, this company is listed on the Trinidad Stock Exchange.
NEL expects dividend income of $318 million compared to $305 million in 2014. NEL received the first full year earnings from its investment in a 10 percent shareholding in Powergen yielding $11.5 million in dividends, as well as dividends from the investments in First Citizens Bank and Clico Investment Fund. An investment in November, 2014 in Pan West Engineers LLC (the owner of 10 percent of Phoenix Park Gas Processors Limited) as a member of a consortium produced dividends of $9.8 million.
A final dividend of 27 cents is proposed which when added to the interim dividend of 23 cents gives a total dividend of 50 cents for the year (2014: 46 cents).
The value of each of the 600 million issued shares is $5.67 each and the stock last traded on the Trinidad and Tobago Stock Exchange at TT$17.21.

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4 stocks rose on TTSE

July 2, 2015 by

TTSEDailyTRading280x150 Trading on the Trinidad & Tobago Stock Exchange picked up a bit on Thursday with 15 securities changing hands of which 4 advanced, 3 declined, 8 traded firm, with a total of 378,246 units valued at $3,700,929 changing hands, more than twice Wednesday’s volume of 150,955 shares.
At the close of the market, the Composite Index declined by 2.31 points to close at 1,159.67, the All T&T Index lost 0.68 points to 1,969.93 and the Cross Listed Index fell 0.53 point at 45.84.
Gains| In trading, ANSA Merchant Bank ended with 1,000 shares changing hands at $38.95, to gain 4 cents, CLICO Investment Fund ended with 28,320 units changing hands, valued at $640,315 and closed 1 cent higher at $22.61. Grace Kennedy added 21,385 shares, 10 cents higher at $3.60 and Massy Holdings trading 88 shares to close at $64.30 and gained 1 cent.
Declines| Guardian Holdings had 7,475 units changing hands with a loss of 7 cents to end at $13.93, National Commercial Bank traded 12,862 shares and fell 9 cents to close at $1.70 and One Caribbean Media ended trading with 2,124 shares at $22 after shedding 40 cents, to close at a 52 weeks’ low.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Angostura Holdings trading 6,749 units at $13.90, Firstcaribbean International Bank with 54,375 shares trading, valued at $271,875 and closed at $5. TTSE 2-7-15First Citizens Bank ended trading with 51,376 shares carrying a value of $1,836,692, to close at $35.75, National Flour Mills with 8,890 shares changing hands and ending at $2.05, Point Lisas Industrial Port traded at $3.95, with 4,500 units changing hands. Republic Bank closed with only 25 shares being purchased at $115, Sagicor Financial closing with 1,700 shares to end at $6.27 and Trinidad Cement traded 177,377 shares valued at $514,393 and closed at $2.90.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than their last selling prices and 4 stocks with offers that were lower.

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Trading down on TTSE

July 1, 2015 by

TTSETrading280x150 Trading on the Trinidad & Tobago Stock Exchange was very moderate on Wednesday with just 10 securities changing hands totalling 150,955 units, valued at $2,328,039. At the close 2 stocks gained, 2 declined and 6 traded firm.
At the close of the market, the Composite Index rose 0.03 points to close at 1,161.98, the All T&T Index advanced by 0.06 points to 1,970.61 and the Cross Listed Index remained at 46.37.
Gains| National Flour Mills had 41,051 shares changing hands, climbed 5 cents to end at $2.05 and Prestige Holdings traded at $9.89, for a 5 cents increase, with 9,026 units changing hands.
Declines| Massy Holdings trading 880 shares to close at $64.34 with a 1 cent loss and Republic Bank closed with 442 shares being purchased at $115.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Angostura Holdings trading 5,005 units at $13.90, TTSE 1-7-15CLICO Investment Fund with 88,080 units valued at $1,922,808, changing hands and closed at $22.60. Firstcaribbean International Bank with 6,200 shares trading, closed at $5, Guardian Media had 171 shares trading at $19.76, One Caribbean Media ended trading with 100 shares at $22.40 and Sagicor Financial closing with 3,000 shares changing hands to end at $6.27.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than their last selling prices and 4 stocks with offers that were lower.

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Trading low keyed on TTSE

June 29, 2015 by

TTSEDailyTRading280x150 Trading on the Trinidad & Tobago Stock Exchange remained subdued on Monday, the market ended with 10 securities changing hands of which 1 advanced, 4 declined, 6 traded firm, with a total of 134,168 units, valued at $6,531,028 changing hands.
At the close of the market, the Composite Index lost 0.15 points to close at 1,161.37, the All T&T Index fell 0.30 points to 1,969.45 and the Cross Listed Index remained at 46.36.
Gains| Point Lisas Industrial Port traded at a new 52 weeks’ high of $3.90 with just 600 units changing hands and gained 7 cents and Republic Bank closed with 37,154 shares being purchased 1 cent up at $115.01 with a value of $4,273,073.
Declines| National Flour had 10,566 shares changing hands fell 5 cents to end at $2.
TTSE sum 29-6-15
Firm Trades| Stocks closing with prices unchanged at the end of trading are, ANSA McAl with 6,798 shares changing hands for $457,166 ended at $67.25. CLICO Investment Fund with 74,493 units valued at $1,683,541 changing hands at $22.60, Firstcaribbean International Bank ended trading with 1,500 shares at $5, First Citizens Bank with 1,604 shares trading to close at $35.75. Massy Holdings trading 35 shares to close at $64.34, Sagicor Financial closing with 1,100 shares at $6.26, and Scotiabank traded 318 shares to close at $62.25.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than their last selling prices and 4 stocks with offers that were lower.

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Ansa McAl closes at new high

June 11, 2015 by

Ansa closed at a 52 weeks' high on Thursday

Ansa closed at a 52 weeks’ high on Thursday

Trading on the Trinidad Stock Exchange closed with 13 securities changing hands of which 4 advanced, 2 declined and 7 traded firm with a total of 538,113 units, valued at $4,094,256.
At the close of the market, the Composite Index rose 0.47 points to close at 1,162.20, the All T&T Index fell by just 0.01 points to close at 1,970.57 and the Cross Listed Index gained 0.13 points to end at 46.44.
Gains| Stocks increasing in price at the close are, Ansa McAl trading 2,660 shares valued at $178,433, closed at a 52 weeks’ high, with a gain of 1 cent at $67.08. One Caribbean Media with 935 shares changing hands, gained 3 cents, to close at $22.45, Sagicor Financial contributed 36,115 shares with a value of $225,108 and gained 19 cents, to close at $6.25 and West Indian Tobacco traded just 82 shares and closed 1 cent higher at $125.34.
Declines| The stocks declining at the end of trading are, Republic Bank fell 3 cents to close at $114.97 and Scotia Investments with 2,540 shares traded and closed down 2 cents to $1.45.
TTSE11-6-15rv Firm Trades| Stocks closing with prices unchanged at the end of trading are, a total of 47,962 Clico Investment Fund shares changed hands, for a value of $1,042,643 and closed at $22.55, First Citizens Bank traded 2,110 shares to close at $35.81, Grace Kennedy with a volume of 100,000 shares trading for $353,000, ended at $3.53. Massy Holdings traded 18,436 shares valued at $1,186,356 to close at $64.35, National Commercial Bank was the volume leader with 303,396 shares changing hands for a value of $546,113 to end at $1.80, National Flour Mills added 20,298 shares to close at $2 and Praetorian Property Mutual Fund closed with 2,000 units trading to close at $3.10.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator shows 1 stock with the bid higher than the last selling price and 2 stocks with offers that were lower.

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Ansa McAl trades $13.4M on TTSE

June 5, 2015 by

Ansa McAl tradeds amount to TT$13.4

Ansa McAl tradeds amount to TT$13.4

Trading on the Trinidad Stock Exchange ended with 11 securities changing hands of which 4 advanced, 1 declined and 6 traded firm with a total of 1,381,622 units, valued at $19,886,412 with Ansa McAl accounting for 67 percent of the value of trades.
At the close of the market, the Composite Index rose 0.31 points to close at 1,159.46, the All T&T Index gained 69 points to close at 1,970.53 and the Cross Listed Index fell by a mere 0.01 points to end at 45.71.
Gains| Stocks increasing in price at the close are, Clico Investment Fund with 2,150 units trading and advancing 5 cents, to $22.55, Massy Holdings trading 47,875 shares valued at $3,081,215, to close higher by 11 cents, at $64.36. Sagicor Financial Corporation trading 13,700 units at $6.05, after inching up 1 cent and Trinidad Cement ending the day 6 cents up, at $2.86 with 1,082,946 shares changing hands, for a value of $3,096,347.
TTSE 5-6-15 Declines| Grace Kennedy fell 2 cents to end the day at $3.53 while trading only 400 shares and was the only stock declining at the end of trading.
Firm Trades| Stocks closing with prices unchanged at the close of trading are, ANSA McAL with 200,250 shares changing hands and carrying a value of $13,428,765 closed at $67.06, First Citizens Bank trading 3,275 shares to close at $35.80. JMMB Group with 21,354 shares trading, closed at 47 cents, National Flour with 9,502 shares trading, ended at $2, Point Lisas Industrial Port trading 100 shares valued at $3.81 and Prestige Holding trading 20 units at $9.90.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 1 stock with the bid higher than their last selling prices and 1 stock with a lower offer.

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4 stocks up 2 down on TTSE

June 2, 2015 by

TTSE+Logo Trading on the Trinidad Stock Exchange ended with 13 securities changing hands of which 4 advanced, 2 declined and 7 traded firm with a total of 65,604 units, valued at $678,230.
At the close of the market, the Composite Index rose 0.76 points to close at 1,160.71, the All T&T Index rose by just 0.36 points to close at 1,969.22 and the Cross Listed Index increased by a mere 0.16 points to end at 46.22.
Gains| Stocks increasing in price at the close are, National Commercial Bank contributing 8,937 shares, 5 cents higher at $1.75, National Flour Mills with 17,958 shares changing hands, to close with a gain of 10 cents at $1.95, for a new 52 weeks’ high. One Caribbean Media gaining 11 cents to end the day at $22.41 with just 100 shares trading and Sagicor Financial Corporation traded 870 shares to close with a gain of 1 cent at $6.05.
Declines| The stocks declining at the end of trading are, Guardian Holdings ended with 6,400 shares trading and closing at $14.14 for a loss of 1 cent and JMMB Group with a volume of 10,300 shares being traded 3 cents lower at 50 cents.TTSE sum 2-6-15 Firm Trades| Stocks closing with prices unchanged at the end of trading are, Angostura Holdings trading 44 units at $13.90, First Citizens Bank trading 7,998 shares valued at $286,328 to close at $35.80. Guardian Media with 546 shares closed at $19.76, National Enterprises with 5,540 shares closed at $17.20, Prestige Holdings ended with just 10 shares changing hands at $9.90, Scotiabank traded 1,984 units at $62.54 and Scotia Investments traded 4,917 shares to close at $1.47. Scotia Investments will be reporting second quarter results on Thursday after trading.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.

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National Flour ends at new high

June 1, 2015 by

IC Insider Buy Rated NFM closed at a new 52 weeks high on Monday

IC Insider Buy Rated NFM closed at a new 52 weeks high on Monday

Trading on the Trinidad Stock Exchange ended with 10 securities changing hands of which 1 advanced, 3 declined and 6 traded firm with a total of 239,670 units, valued at $4,595,311.
At the close of the market, the Composite Index rose 0.03 points to close at 1,159.95, the All T&T Index rose by just 0.19 points to close at 1,968.86 and the Cross Listed Index fell by a mere 0.02 points to end at 46.06.
Gains| National Flour Mills was the only stock increasing in price at the close, with 2,770 shares changing hands, to gain of 8 cents at $1.85, for a new 52 weeks’ high.
Declines| The stocks declining at the end of trading are, National Commercial Bank contributing 6,000 shares while losing 19 cents to close at $1.71, Point Lisas with 1,075 shares trading and closing at $3.80 for a loss of 1 cent and Scotia Investments traded 23,500 shares to close 2 cents lower at $1.47. TTSE 1-6-15 Firm Trades| Stocks closing with prices unchanged at the end of trading are, Ansa McAl trading 60 units at $67.05, Clico Investment Fund traded 185,764 units valued at to end at $22.55, First Citizens Bank trading 7,703 shares valued at $275767 to close at $35.80. Massy Holdings with 587 shares closed at $64.10, Prestige Holdings ended with just 100 shares changing hands at $9.90 and Trinidad Cement traded 12,111 units at $2.80.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.

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7 stocks up 2 down on TTSE

May 29, 2015 by

National Flour closed at a 52 weeks high on Friday of $1.77.

National Flour closed at a 52 weeks high on Friday of $1.77.

Trading on the Trinidad Stock Exchange ended the month on a positive note with more stocks rising than falling and with 15 securities changing hands of which 7 advanced, 2 declined and 6 traded firm with a total of 1,318,965 units, valued at $24,661,499.
At the close of the market, the Composite Index lost 6.01 points to close at 1,159.92, the All T&T Index rose by just 0.10 points to close at 1,968.67 and the Cross Listed Index fell 1.62 points to end at 46.08.
Gains| Stocks increasing in price at the close are, Grace Kennedy with 97,780 shares trading for $349,075 and gaining 1 cent, in closing at $3.57. IC Insider Buy Rated National Flour Mills, gained 4 cents to end the day at a new 52 weeks’ high of $1.77, with only 120 shares trading as investors continue to respond to increased profits for the company, followed by Sagicor Financial Corporation in contributing 27,400 shares with a value of $165,246, to gain of 2 cents to $6.04. Scotiabank with 677 shares trading, closed with a gain of 1 cent at $62.54. Scotia Investments traded 1,000 shares, to gain 2 cents to close at $1.49, Unilever Caribbean with 100 shares changing hands closed with an increase of 1 cent to end at a new 52 weeks’ high of $66.15 and West Indian Tobacco ended with 194 units trading at $125.31 with a 3 cents increase.
TTSE 29-5-15 Declines| The stocks declining at the end of trading are, ANSA Mcal with 149 shares trading ended at $67.054 having lost 1 cent and Prestige Holding traded 550 shares to close with a loss of 9 cents at $9.90.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Ansa Merchant Bank contributed 940 shares with the price closing unchanged at $38.92. Clico Investment Fund with 1,019,235 shares valued at $22,983,749 and remained at $22.55 while First Citizens Bank added 12,072 shares valued at $432,178 to close at $35.80. National Enterprises traded 1,200 units to close at $17.20, National Commercial Bank with 152,500 shares changing hands for a value of $260,050 closed at $1.90 but traded as low as $1.70 and Massy Holdings traded 5,048 shares valued at $323,577 to close at $64.10.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bid higher than their last selling prices and 1 stock with a lower offer.

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