Trading on the Trinidad and Tobago Stock Exchange ended May on a slightly positive note with the market index closing moderately higher on Friday but ending the months with a rise of nearly 65 points or 3.9 percent above April’s close.
Trinidad & Tobago Stock Exchange Head Quarters
The T&T Composite Index advanced by 2.60 points to 1,289.18. The All T&T Index gained 0.16 points to 1,736.11, while the Cross Listed Index rose 0.69 points to close at 113.85. The market closed year to the end of May, with a loss of 7 percent for Trinidad based companies and 21 percent for cross listed stocks.
The market closed with fourteen securities changing hands, resulting in prices of six stocks rising, two declining and six closing unchanged. Trading accounted for 1,393,703 shares valued at $4,290,531 compared to 858,534 shares for $5,695,210 on Thursday from 15 securities.
IC bid-offer Indicator│ The Investor’s Choice bid-offer indicator ended with the bids of five stocks higher than their last selling prices and five with lower offers.
Gainers│ Clico Investments gained 49 cents to end at $25.50, exchanging 5,698 stock units, Grace Kennedy picked up 10 cents trading 32,115 shares and closed at $3.10, JMMB Group finished 5 cents higher at $1.95, with 15,052 stock units crossing the market. Point Lisas rose 15 cents to $3.45 in transferring 571 units, Scotiabank advanced 24 cents to $54.99, in swapping 2,178 units and Trinidad and Tobago NGL ended 15 cents higher at $16.25, with an exchange of 6,082 stock units.
Losers│ Massy Holdings shed 99 cents to close at $57.99 as 33 units changed hands and One Caribbean Media finished at a 52 weeks’ low of $5.25, with a loss of 25 cents after exchanging 20,855 stock units.
Firm Trades│ Angostura Holdings closed at $14.40 trading 475 units, Guardian Holdings exchanged 1,000 units at $18.15, National Enterprises ended at $4.25, with a transfer 400 units. National Flour traded 1,130,409 shares at $2, NCB Financial swapped 172,897 shares at $7.50 and Unilever Caribbean closed at $16.99, with 5,938 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close, the T&T Composite Index gained 0.22 points to 1,283.31. The All T&T Index declined by 2.16 points to 1,725.88, while the Cross Listed Index rose 0.36 points to close at 113.65.
Firm Traders│ Ansa Merchant Bank ended at $37 trading 26 units, First Caribbean International exchanged 15,500 shares at $7.50, NCB Financial closed at $7.50 with 72,800 stock units changing hands. Scotiabank ended with 281 units crossing the exchange at $54.99, Trinidad and Tobago NGL held firm at $16 with 1,000 stock units changing hands, Unilever Caribbean closed at $16.99 after exchanging 1,000 stock units and West Indian Tobacco remained unchanged at $31.20 with 1,892 stock units crossing the market.
L.J Williams B remained at $1.48, with 21,845 stock units changing hands, Massy Holdings held firm at $55 while transferring 47 units. NCB Financial held firm at $7.50, with 99,950 shares crossing the market, One Caribbean Media was unchanged at $5.50, after trading 2,850 units, Trinidad Cement ended at $1.90 in swapping 65,000 shares. Unilever Caribbean exchanged 591 units at $16.99 and West Indian Tobacco held firm at $31.40, with an exchange of 150 units.
JMMB Group held firm at $1.95, with an exchange of 4,265 units. Massy Holdings traded 64,170 shares and remained unchanged at $55, NCB Financial closed at $7.50, with 105,195 shares changing hands, One Caribbean Media exchanged 2,703 units at $5.50. Republic Financial Holdings remained at $132.55, with 1,757 units crossing the market, Unilever Caribbean traded 78,599 shares at $16.99 and West Indian Tobacco ended at $31.40 after exchanging 435 units.
Trinidad and Tobago NGL traded 8,896 stock units at $16, after shedding 49 cents and Unilever Caribbean lost 1 cent to finish at $16.99, with an exchange of 56,231 shares.
First Citizens Bank fell $4 after trading 5,145 units to end at $44. Massy Holdings settled at $55, with a loss of $1 in switching ownership of 28,173 stock units, One Caribbean Media closed at a 52 weeks’ low of $5.53, after losing 46 cents while exchanging 2,135 units and Trinidad and Tobago NGL lost 1 cent transferring 835 units and closed at $16.49.
Unilever Caribbean lost 2 cents to end at a 52 weeks’ low of $16.98, with 1,143 units changing hands and West Indian Tobacco fell by 30 cents to $31.10 trading 1,830 units.
Losers│ Clico Investments ended at $23.75, with a loss of 25 cents in transferring 114 units, L.J Williams B share shed 12 cents to settle at $1.50, in trading 2,000 units. One Caribbean Media lost 1 cent exchanging 100 units and closed at a 52 weeks’ low of $5.99 and Trinidad and Tobago NGL finished 7 cents lower at $16.80, with 8,907 stock units crossing the market.
The volume of stocks trading dropped on Tuesday, but the more important measure, the value of stocks changing hands rose over Monday’s levels as the prices of most stocks declined compared to those increasing.
Losers│ Ansa McAL shed 9 cents transferring 8,399 stock units at $54.40, JMMB Group lost 1 cent with an exchange of 27,042 shares to finish at $1.95, NCB Financial closed 5 cents lower at $7.45, with 25,102 shares crossing the market. Republic Financial Holdings settled at $132.20, with a loss of 52 cents in trading 1,651 units and Trinidad and Tobago NGL lost 1 cent to close at $16.87 after swapping 1,540 units.
Trinidad Cement fell 28 cents to a 52 weeks’ low of $1.62.
