The number of securities trading on the Trinidad & Tobago Stock Exchange on Wednesday fell to 14, down from to 18 on Tuesday, with 5 stocks advancing, 1 declining and 8 unchanged with 1 trading at a 52 weeks’ high.
Market activity ended as 226,038 shares traded at a value of $4,960,014 compared to 556,707 shares trading at for $4,534,786 on Tuesday.
The Composite Index rose 1.84 points to 1,259.04, the All T&T Index gained 3.64 points to 1,725.59 while the Cross Listed Index was unchanged at 106.81.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 3 stocks with bids higher than last selling prices and 7 with lower offers.
Gains| In trading National Flour Mills rose 9 cents and closed at $1.96 with 6,143 shares trading, Sagicor Financial gained 3 cents to end at $8 trading 67,283 shares with a value of $538,198, Scotiabank closed 10 cents higher at $60.10 in exchanging only 1,500 units Trinidad & Tobago NGL jumped 50 cents to closed at record high of $27, with 102,540 shares with a value of $2,764,792 changing hands andLJ Willaims traded 20,000 units with a gain of 7 cents to close at 77 cents.
Losses|Guardian Holdings closed trading at $17.03 with just 100 stock units changing hands.
Firm Trades| The last traded prices of securities closing unchanged are Clico Investments closing unchanged at $21 with 78 units trading, First Citizens closed at $32 with 250 units changing hands, First Caribbean International Bank trading just 50 units at $9.30. Massy Holdings exchanged 604 units at $48, Prestige Holdings closed at $10.70 with 9,566 shares trading,Point Lisas closed at $3.90 with 4,118 units, Prestige Holdings traded 9,566 shares at $10.70,Republic Financial Holdings traded 354 units at $100, and West Indian Tobacco that closed $100 with 13,452 shares trading valued at $1,345,200.
5 stocks rose on TTSE 1 fell
Unilever at 71/2 years’ low
Unilever forming a head & shoulder formation suggesting much lower price for the stock.
Unilever Caribbean closed at the lowest price since August 5, 2011, continuing to drift lower, pressured by poor profit for 2017. Overall trading on the Trinidad & Tobago Stock Exchange closed on Monday with 14 securities changing hands compared to 13 on Friday with just 1 stock advancing, 5 declining and 8 unchanged with 2 falling to 52 weeks’ lows.
Market activity ended as 1,413,505 shares traded at a value of $8,688,584 compared to Friday’s trades of 321,584 valued at $4,433,970.
The Composite Index fell 1.08 points to 1,257.96, the All T&T Index declined 2.66 points to 1,723.85 and the Cross Listed Index gained 0.07 points to close at 106.76.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| The sole security gaining at the close of trading is Grace Kennedy with a rise of 4 cents, and closing at $3 with 791,507 shares traded at a value of $2,358,741.
Losses| The last traded prices of the securities declining are JMMB Group with a loss of 9 cents, ended at $1.50 with 325,000 shares valued at $487,910 trading, One Caribbean Media dropped $1 and closed at a 52 weeks’ low of $13, trading 250,358 valued at $3,269,007. Scotiabank lost 9 cents, settling at $60 in exchanging only 15 units, Trinidad & Tobago NGL closed at $26.20, with a loss of 30 cents with 4,986 shares changing hands and Unilever Caribbean fell to a 52 weeks’ low of $29, having lost $1, trading 7,920 shares.
Firm Trades| The last traded prices of securities closing unchanged are First Citizens closed at $32 with 100 units changing hands, First Caribbean International Bank trading 1,075 units at $9.30. National Enterprises exchanged 1,000 units at $9.80, National Flour Mills closed at $1.90 with 1,595 shares trading, Point Lisas closed at $3.90 with 372 units, Republic Financial Holdings traded 21,000 shares valued at $2,100,000, and settled at $100, Sagicor Financial held firm at $7.96 trading 7,077 shares and Bourse Brazil Latin Fund US Dollar shares closed at US$8.10 with 00 units exchanged.
Witco drops to 1 year low
West Indian Tobacco hit another 52 weeks’ low on Friday.
Trading levels on the Trinidad & Tobago Stock Exchange closed on Friday down on Thursday’s levels as 13 securities changed hands compared to 16 on Thursday. The market closed with a weak West Indian Tobacco closing at a 52 weeks’ low.
The market closed with 321,584 shares traded at a value of $4,433,970 compared to Thursday’s trades of 513,696 units valued at $5,023,038 as the prices of 4 securities rose, 3 declining and 6 remained unchanged.
The Composite Index declined by 10.91 points to 1,259.04, the All T&T Index fell 4.19 points to 1,726.51 while the Cross Listed Index was down 2.41 points to close at 106.69.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| The last traded prices of the securities rising at the close of the market are,Guardian Holdings with gains of 30 cents, to close at $17.30 while trading 44,762 shares valued at $762,473, JMMB Group gaining 9 cents to settle at $1.59 with 95,509 shares changing hands, Sagicor Financial closed at $7.96, gaining 1 cent with 47,404 shares valued at $376,984 and Trinidad & Tobago NGL traded at $26.50, rising 30 cents in exchanging 38,959 shares valued at $1,032,542.
Losses| The last traded prices of the securities declining at the close of the market are, NCB Financial Group ending at $6, with a loss of 30 cents in trading 40,150 shares, Scotiabank lost 1 cent to close at $60.09 with 760 units and West Indian Tobacco declined by $1.80 to a 52 weeks’ low of $100 with 293 units changing hands and remains weak at the close with the stock being offered below the closing price and no buying showing at the close.
Firm Trades| The last traded prices of securities closing unchanged are, Clico Investment that closed at $21 with 22,800 shares valued at $478,800 trading, Massy Holdings traded 26,060 shares at $48 valued at $1,251,492, National Flour Mills closed at $1.90 with 2,300 shares trading. Republic Financial Holdings remained at $100 with 197 units changing hands, Trinidad Cement closed at $3.95 with 950 units and Unilever Caribbean held firm at $30 with 1,440 shares exchanged.
9 TTSE stock down in weak market
After a long drawn out period when investors were felling out each other to try and get the best price for stocks, finally, patience seems to have worn thin, as the prices of several stocks were finally allowed to trade lower than the asking prices a month or two ago.
By the look of trading and market quotes the downward correction is not yet over and with the Trinidad Economy still in deep recession the decline in market prices could go well into 2018 as the downward price adjustments take time to be fully reflected in trading.
Trading levels on the Trinidad & Tobago Stock Exchange closed on Thursday, fell below Wednesday’s volumes and values, and ended with 9 stocks declining, 7 holding firm and none gaining at the close.
At the end the Composite Index declined by 10.93 points to 1,269.95, the All T&T Index shed 12.64 points to 1,730.70 and the Cross Listed Index was down 1.25 points to close at 109.10.
The market closed with 16 securities changing hands compared to 15 on Wednesday leading to 513,696 shares trading, valued at $5,023,038 compared to Wednesday’s trades of 750,792 valued at $10,300,305.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 4 with lower offers.
Losses| The last traded prices of the securities declining at the close of the market are, Ansa McAL losing 2 cents to close at $63 trading 12,000 shares valued at $756,000, Guardian Holdings closed 98 cents lower to $17, with 2,000 shares exchanged and JMMB Group ended at $1.50, losing 9 cents exchanging 273,754 shares valued at $410,631. Massy Holdings declined by $1, closing at $48 with 1,146 units, National Enterprises ended with a loss of 20 cents at $9.80 with a mere 25 units trading, NCB Financial Group settled at $6.30, losing 20 cents, exchanging 40,850 shares, but only after it traded at a new high of $6.75 befoe pulling back by the close. Scotiabank traded 90 cents lower to $60.10 with 100 units changing hands, West Indian Tobacco fell by $1.05 to a new 52 weeks’ low of $101.80 trading 13,000 shares valued at $1,323,400 and Trinidad & Tobago NGL dropped 30 cents, in closing at $26.20 with 5,462 shares changing hands.
West Indian Tobacco hit another 52 weeks’ low on Thursday.
Firm Trades| The last traded prices of securities closing unchanged are, Clico Investment closing at $21 with 17,680 shares valued at $371,280, First Citizens remaining at $32 with 1,100 units changing hands, National Flour Mills closing at $1.90 with 1,747 shares. Republic Financial Holdings closed at $100 trading 5,657 shares valued at $565,700, Sagicor Financial remained at $7.95 with 123,670 shares valued at $982,164, Trinidad Cement closed at $3.95 with trades of 15,005 shares and Unilever Caribbean traded 500 units at $30.
NCB takeover bid pushes Guardian to $18
Guardian Holdings closed at a 52 weeks’ high of $18 on TTSE after NCB disclosed bid for 32% more shares..
Guardian Holdings’ share jumped $1.45 to $18, trading 69,236 shares on the Trinidad & Tobago Stock Exchange, in response of a bid to acquire 74 million shares by NCB Financial Group at US$2.35 each.
Guardian was closing at the highest price in 52 weeks which is the equivalent of US$2.66 compared to US$2.35 that is offered by NCB. With a 29.99 percent equity interest acquired in 2016, the NCB Financial Group will most likely command a 62 percent stake in Guardian Holdings when the offer closes as data suggest that the deal is sown up long ago with Arthur Lock Jack almost sure to surrender the shares owned directly or indirectly by him along with a few others.
At the close of trading market activity resulted in 11 securities changing hands compared to 14 on Thursday with 3 stocks advancing, 2 declining and 6 holding firm as 165,628 shares traded at a value of $2,492,376 compared to Thursday’s trades of 221,067 valued at $3,013,733.
The Composite Index gained 5.26 points to 1,279.29, the All T&T Index advanced 13.84 points to 1,757.41 and the Cross Listed Index lost 0.47 points to close at 107.97.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Securities rising at the close on Friday are Ansa McAL regained losses from the previous day, rising $3.02 to $63.02 with 10,000 shares valued at $630,200 trading, 
Guardian Holdings closed at a 52 weeks’ high of $18, after rising $1.45 and trading 69,236 shares valued at $1,192,342 and Sagicor Financial traded 4 cents higher to $7.95 in exchanging 13,000 shares.
Losses| Jamaican based JMMB Group fell 10 cents and closed at $1.78 trading 31,500 shares and Trinidad & Tobago NGL dropped $1 to settle at $26 with 4,250 shares changing hands.
Firm Trades| Securities trading unchanged are Angostura Holdings exchanged 9,513 shares at $15.05, Clico Investment remained at $20.79 with 7,610 shares trading, First Citizens traded 1,381 shares at $32.01. National Enterprises closed at $9.75 with 1,010 units, National Flour Mills ended with 17,932 stock units at $1.90 and Scotiabank held firm at $61 with 196 units.
Massy Holdings dominates TTSE
Massy traded 90% of the value of stocks trading on Wednesday.
Massy Holdings traded $13.9 million worth of shares, dominating trading with 90 percent of the value of the securities exchanged on the Trinidad & Tobago Stock Exchange at close on Wednesday, with 13 securities changing hands, the same as on Tuesday.
At the close, the price of 1 stock advanced, 4 declined and 8 remained unchanged as 482,160 shares traded at a value of $15,366,284 compared to Tuesday’s trades of 1,117,124 valued at $6,876,070.
The Composite Index lost 0.16 points to 1,280.31, the All T&T Index gained 1.73 points to 1,753.65 and the Cross Listed Index was down 0.28 points to close at 108.77.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| The sole security with a rise in price is Massy Holdings with a gain of 5 cents, in closing at $49 trading 283,195 shares valued at $13,876,555.
Losses| The securities declining at the close on Wednesday are, Clico Investment declined by 30 cents to settle at $20.50, with 10,925 shares changing hands, JMMB Group closed 8 cents lower to $1.90, with 43,461 shares exchanged, 
Point Lisas lost 4 cents, ending at $3.90 with 3,000 shares and Scotiabank lost 1 cent and closed at $60 with 7,261 shares valued at $435,694 trading.
Firm Trades| Securities trading unchanged at the close based on the last traded price are, Angostura Holdings with 2,700 shares, closed at $15.05, First Citizens held firm at $32.01 with 1,189 shares, Grace Kennedy remained at $3 with 4,970 shares trading. National Flour Mills closed at $1.90 with 1,900 shares changing hands, One Caribbean Media exchanged 500 units at $14, Sagicor Financial traded 8,989 shares at $7.95, Trinidad Cement exchanged 109,000 shares at $3.95 valued at $430,553 and Trinidad & Tobago NGL held firm at $25.05 with 5,070 shares changing hands.
NCB Financial dominates TTSE – Tuesday
NCB Financial was the dominant trade on the TTSE.
Market activity on the Trinidad & Tobago Stock Exchange resulted in 13 securities changing hands compared to 12 on Monday with NCB Financial Group leading with the highest volume just under 1 million units with a value $5.9 million.
At the close, 4 stocks advanced, 3 declined and 6 remained unchanged as 1,117,124 shares traded at a value of $6,876,070 compared to Monday’s trades of 168,640 valued at $1,925,602.
The Composite Index declined by 2.25 points to 1,280.47, the All T&T Index dropped 1.19 points to 1,751.92 and the Cross Listed Index lost 0.45 points to close at 109.05.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 7 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| The securities that rose in trading are, First Citizens with a 1 cent gain and closed at $32.01 with 3,428 shares, NCB Financial Group ending at $6.03, gaining 3 cents in exchanging 978,658 shares valued at $5,901,308. Scotiabank closed at $60.01, after trading at $58 to close with a gain of 1 cent with just 98 units and Trinidad & Tobago NGL advancing to a new 52 weeks’ high of $25.05, after rising 4 cents with 600 units changing hands.
Losses| Securities declining at the close are, Grace Kennedy that slipped 10 cents, ending at $3 with trades of 27,036 shares, JMMB Group with a loss of 2 cents, closing at $1.98 with 2,429 shares and Massy Holdings losing 2 cents to close at $48.95 with 2,100 shares changing hands.
Firm Trades| The securities trading unchanged are, Angostura Holdings with 731 units closing at $15.05, Clico Investment holding at $20.80 with 14,369 shares valued at $301,675, after it traded as high as $21. First Caribbean International Bank traded 50 units at $9.30, National Enterprises closed at $9.75 with 2,206 shares trading, National Flour Mills exchanged 59,269 shares at $1.90 and Sagicor Financial closed at $7.95 with 26,150 shares changing hands.
Unilever hits new yearly low
Unilever shares set for huge fall going forawrd.
Unilever Caribbean hit a new low of $34 in trading on the Trinidad & Tobago Stock Exchange on Monday as the market closed with 12 securities changing hands compared to 14 on Friday with advancing stocks edging out decliners.
At the close, 4 stocks advanced, 3 declined and 5 held firm as 168,640 shares traded at a value of $1,925,602 compared to Friday’s trades of 189,047 valued at $3,309,055.
The Composite Index gained 0.46 points to 1,282.72, the All T&T Index advanced 2.17 points to 1,753.11 and the Cross Listed Index was down 0.17 points to close at 109.50.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 7 with lower offers.
Gains| At the close of trading the prices National Flour Mills gained 5 cents to close at $1.90, with an exchange of 25,875 shares, Republic Financial Holdings advanced by 50 cents, ending at $102 after trading 48 units, but the stock was offered at just $100.99 at the close, Sagicor Financial closed at $7.95, gaining 8 cents with 21,183 shares trading and Trinidad & Tobago NGL added 1 cent to settle at a 52 weeks’ high of $25.01 with 4,423 shares.
Losses| Securities with prices falling are Clico Investment that dropped 20 cents, closing at $20.80 with trades of 3,010 shares, JMMB Group closed with a loss of 6 cents, at $2 in exchanging 68,255 shares and Unilever Caribbean dropped 95 cents to a 52 weeks’ low of $34 trading just 90 units.
Firm Trades| At the close of trading Angostura Holdings ended with 700 units, closed at $15.05, Guardian Holdings held firm at $16.55 trading 12,800 shares, Massy Holdings remained at $49 with 20,000 shares valued at $980,000 changing hands, National Enterprises closed at $9.75 exchanging 10,937 shares and Scotiabank swapping 1,319 shares at $60.
NGL dominates trading on TTSE – Thursday
T&T NGL closed at a record high on TTSE on Thursday.
Trinidad & Tobago NGL dominated trading on the Trinidad & Tobago Stock Exchange on Thursday, with 83 percent of the value of securities changing hands. Market activity resulted in 13 active securities compared to 16 on Wednesday.
At the close, 4 stocks advanced, 2 declined, 7 were unchanged as a just 233,449 shares traded at a value of $4,648,226 compared to Wednesday’s trades of 50,488 units at a value of $553,082.
The Composite Index gained 2.72 points to 1,280.45, the All T&T Index advanced 5.82 points to 1,749.09 and the Cross Listed Index was down 0.06 points to close at 109.43.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 4 with lower offers.
Gains| The last traded prices of the securities changing hands with gains are First Citizens with a rise of 5 cents to close at $32 exchanging 2,430 shares, Massy Holdings trading 90 cents higher to $48.90 with 2,683 shares. Sagicor Financial gained 1 cent and closed at $7.95, with 12,018 shares trading and Trinidad & Tobago NGL climbed to a new 52 weeks’ high of $25, rising 75 cents with trades of 156,668 shares valued at $3,879,032.
Losses| The last traded prices of the securities declining at the close of the market are JMMB Group that dropped 3 cents to $2.06 with 3,500 shares exchanged and National Flour Mills with a loss of 5 cents, closed at $1.85 with 3,400 shares trading.
Firm Trades| The last traded prices of securities closing unchanged are Clico Investment that exchanged 142 units at $21, Grace Kennedy remaining at $3.10 with trades of 11,422 shares, Guardian Holdings held at $16.50 exchanging 22,164 shares valued at $365,706, while L.J. Williams B share closed at 70 cents with 16,480 shares after trading as high as 75 cents. National Enterprises ended at $9.70 with 145 units, One Caribbean Media closed at $14 trading 2,372 shares and Republic Financial Holdings exchanged just 25 stock units at $101.50.
Trading jumps to $13m on Monday
Trading on the Trinidad & Tobago Stock Exchange jumped to $13 million on Monday from just $514,000 on Friday as Ansa McAL with 56 percent of the volume and 93 percent of the value of securities traded.
The market closed with only 10 securities changing hands down from 11 on Friday, as 5 stocks advanced, 5 held firm and none declining, leading to 354,972 shares traded for $13,441,469, compared to Friday’s trades of 148,999 units valued at just $514,609.
The Composite Index dropped 0.08 points to 1,275.50, the All T&T Index advanced 1.17 points to 1,743.46 and the Cross Listed Index was down 0.18 points to 108.85.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 9 with lower offers.
Gains| Securities gaining at the close of market activities are, First Citizens gaining 5 cents and closed at $31.95, with 613 units, Guardian Holdings rising 30 cents to $16 with 6,956 shares changing hands JMMB Group rose 3 cents, in closing at $2.18 and exchanging 132,553 shares.
National Flour Mills closed 10 cents higher to settle at $1.90 with 1,000 units trading and Trinidad & Tobago NGL ended at a 52 weeks’ high of $24.02, having gained 2 cents with 2,677 shares changing hands.
Firm Trades| At the close of trading on Monday,Angostura Holdings remained at $15.05 with 3,000 shares, Ansa McAL closed at $63.03 with 200,000 shares valued at $12,605,985 changing hands Clico Investment exchanged 2,800 shares at $21. Massy Holdings held firm at $48 with 5,205 shares traded and National Enterprises closed at $9.70 with 168 units.
