No stock fell on TTSE Wednesday

Guardian Gained in trading on Wednesday but the stock could benefit in the future from the take over of large blocks of shares.

Guardian Gained in trading on Wednesday but the stock could benefit in the future from the take over of large blocks of shares.

Trading on the Trinidad Stock Exchange closed with 13 securities changing hands of which 2 advanced, none declined and 11 traded firm with a total of 865,369 units, valued at $7,647,482.
At the close of the market, the Composite Index rose 0.17 points to close at 1,153.41, the All T&T Index rose 0.34 points to close at 1,968.83 and the Cross Listed Index remained at 44.32.
Gains| Stocks increasing in price at the close are, Ansa Mcal trading 1,500 shares to close with a gain of 1 cent at $67.02, Guardian Holdings trading 1,180 shares closed with a gain of 7 cents to end at $14.26. Proven Investments and National Commercial Bank are slated to take a major stake in the ownership in Guardian that once was majority owned by Jamaica Mutual Life.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Angostura Holdings with 715 units at $13.90, Clico Investment Fund closed at $2.55 with 1,300 units, First Citizens Bank trading 1,875 shares to close at $35.78, Guardian Media trading 912 shares at $19.76, JMMB Group contributing 185,655 shares at 50 cents. Massy Holdings traded just 6 shares to close at $63.43, National Enterprises TTSE -6-5-15with 1,000 shares closed at $17.30, One Caribbean Media ended trading with 876 units at $22.30, Prestige Holdings had 662,100 units changing hands at $10 with a value of $6,621,000. Republic Bank had 2,650 shares trading with a value of $304,750 to close unchanged at $115, Scotiabank traded 5,600 units to close at $62.50 carrying a value of $350,000.
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 1 stock with the offer that is lower.

5 stocks rose none fell on TTSE

TTSEDailyTRading280x150 Trading on the Trinidad Stock Exchange was dismally low with just 21,815 units, valued at $537,697 trading with 13 securities changing hands of which 5 advanced, none declined and 8 traded firm.
At the close of the market, the Composite Index rose by 0.12 points to close at 1,153.24, the All T&T Index advanced by just 0.25 points to close at 1,968.49 and the Cross Listed Index remained at 44.32.
Gains| Stocks increasing in price at the close are, Clico Investment Fund with 5,414 shares valued at $121,957, gained 1 cent to end at $22.5. First Citizens Bank traded 1,205 shares to close with a gain of 1 cent at $35.78, Guardian Holdings put on 2 cents while trading 2,000 shares to end at $14.19, Massy Holdings traded 2,181 shares worth $138,341 and gained 1 cent to $63.43 and West Indian Tobacco gained 4 cents to end the day at $125.20.
Firm Trades|Stocks closing with prices unchanged at the end of trading are, Firstcaribbean International Bank trading 500 shares to end unchanged at $5.01, JMMB Group traded with 5,416 shares changing hands to end at 50 cents, One Caribbean Media contributed 100 shares at $22.30.TTSE 5-5-15 Republic Bank traded 200 shares to close at $115, Sagicor Financial traded 191 shares and closed at $5.90, Scotiabank with 391 shares changing hands ended unchanged at $62.50 while Scotia Investments added 1,894 shares at $1.45 and Trinidad Cement had only 1,175 units changing hands to close 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 1 stock with the offer that was lower.

Light trading as 4 stocks rose

Trading on the Trinidad Stock Exchange was with 13 securities changing hands of which 4 advanced, 1 declined and 8 traded firm with a total of 510,508 units, valued at $2,696,066.
TTSE 4-5-15At the close of the market, the Composite Index rose 0.72 points to close at 1,153.12, the All T&T Index gained 1.43 points to close at 1,968.24 and the Cross Listed Index remained at 44.32.
Gains| Stocks increasing in price at the close are, First Citizens Bank trading only 277 shares, to close with a gain of 1 cent at $35.77. Guardian Holdings with 26,723 shares trading for $378,664, ended with a gain of 2 cents at $14.17, Massy Holdings trading 121 shares to close with a gain of 5 cents at $63.42 and Trinidad Cement with 395,056 shares changing hands for a value of $1,145,163, gained 15 cents to end the day at $2.90.
Declines| Clico Investment Fund is the sole stock declining at the end of trading with 29,500 shares valued at $665,031 but declined by 1 cent to end at $22.54.
Firm Trades| Stocks closing with prices unchanged are, Agostini’s trading 500 shares traded at $17.25, Ansa Merchant Bank contributed 3,871 shares to close unchanged at $38.90, Grace Kennedy trading 1,100 units to close at $3.49. JMMB Group trading 12,000 shares to end at 50 cents, One Caribbean Media with just 10 shares changing hands, closed at $22.30, Prestige Holdings added 17,300 shares valued at $173,006 to close at $10, Republic Bank with 50 shares, closed at $115 and Sagicor Financial Corporation contributed 24,000 shares with a value of $141,600 and closed at $5.90.
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 1 with a lower offer.

Moderate price changes on TTSE

Scotia continues to move higher

Scotia continues to move higher

Trading on the Trinidad Stock Exchange closed the week with 16 securities changing hands of which 5 advanced, 2 declined and 9 traded firm with a total of 657,192units, valued at $4,334,568.
At the close of the market, the Composite Index rose 1.06 points to close at 1,152.40, the All T&T Index rose 0.76 points to close at 1,966.81 and the Cross Listed Index increased by a 19 points to close at 44.32.
Gains| Stocks increasing in price at the close are, Firstcaribbean International Bank which gained just 1 cent in trading 2,000 units at $5.01. First Citizens Bank traded 3,876 shares closed with a gain of 5 cents, JMMB Group with 483,729 shares changing hands for a value of $241,835 and closed at 50 cents, after gaining 5 cents. Scotiabank gained 16 cents to end at $62.50 while trading 720 shares and West Indian Tobacco traded 432 shares to close with a gain of 2 cents to end at $125.16.
Declines| The stocks declining at the end of trading are, Agostini’s traded 796 units, lost 3 cents to end at $17.25 and ANSA Merchant Bank fell 5 cents to close at $38.90 while trading 200 shares.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund traded 43,160 shares valued at $973,258 and remained at $22.55. Grace Kennedy contributed 5,050 shares at $3.49, Guardian Media added 11,414 shares valued at $225,541 and closed at $19.76TTSE cht 1-5-15while National Flour Mills closed at $1.60 with 300 units traded. National Enterprises traded 119 shares to close at $17.30 followed by One Caribbean Media with 47,320 shares traded at $22.30 for a value of $1,055,236, Republic Bank traded 11,113 shares valued at $1,279,950 to end at $115. Sagicor Financial Corporation contributed 45,142 shares with a value of $266,337.80, while trading at $5.90 and Trinidad Cement with 1,821 shares traded at $2.75.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator shows 6 stocks with the bid higher than their last selling prices and just 1 with the offer that was lower.

2 new funds that did not trade

TTSEDailyTRading280x150 Fortress Caribbean Property Fund Scc – Development Fund and the Fortress Caribbean Property Fund Scc – Value Fund were listed on the Trinidad Stock Exchange on Thursday but they did not trade. Elsewhere the market closed with 12 securities changing hands of which 4 advanced, 2 declined and 6 traded with prices unchanged. A total of 290,627 units, valued at $6,013,857, traded.
At the close of the market, the Composite Index rose 0.21 points to close at 1,151.34, the All T&T Index rose by 0.49 points to close at 1,966.05 and the Cross Listed Index fell 0.01 points to end at 44.13.
Gains| Stocks increasing in price at the close are, First Citizens Bank trading just 300 shares, closed with a gain of 1 cent, at $35.71, Guardian Holdings ending with 160,331 shares changing hands for a value of $2,268,684 closed at $14.15. National Flour Mills with 6,360 shares trading, advanced 10 cents, to end at $1.60 and Trinidad Cement added 9,104 shares to close at $2.75 after gaining 3 cents.
TTSE 30-4-15 Declines| The stocks declining at the end of trading are, Angostura Holdings with a volume of 18,471 shares being traded for $256,747 fell 1 cent to close at $13.90 and Grace Kennedy with 428 shares to close down a cent at $3.59.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, ANSA Mcal contributing 162 shares as the price closed unchanged at $67.01, Clico Investment Fund trading 73,050 shares valued at $1,647,278 but the price remained at $22.55. Guardian Media closed with 6,743 units trading at $19.76, National Enterprises had 336 shares trading to end at $17.30, One Caribbean Media traded 1,300 shares at $22.30 and Republic Bank contributed 14,042 shares with a value of $1,614,829 at $115.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.

One Caribbean’s flat profit

OneCaribbeanMedia280x150One Caribbean Media out of Trinidad is reporting flat profit of $17 million, for the first quarter of this year, from a fall in revenues of $116.7 million compared with $121 million in 2014.
The results were helped by slightly lower administrative cost of $18.9 million versus $19.8 million in 2014 and a small decline in corporate taxes. The results translates to earnings per share of 24 cents. For 2014 the company had earnings of $1.23 per share. For 2015 earnings should remain at the 2014 level.
The company that publishes newspapers and operates TV and radio stations in Trinidad, has equity capital of $686 million with cash funds of $128 million and total liabilities of $145 million. One Caribbean is going to continue to face challenges for a while, with tightness and slow growth in Trinidad, made worse by the sharp fall off in the price of oil, one of the country’s main products.
The stock was once on the BUY RATED list but was removed after it appreciated fully in 2013. The stock last traded on the Trinidad and Tobago Exchange at $22.30, giving it a pretty rich PE of 18.

6 TTSE stocks fall 2 rose Tuesday

NCB is in demand in T&T & traded 750,000 units on Tuesday in that market.

NCB is in demand in T&T & traded 750,000 units on Tuesday in that market.

Trading on the Trinidad Stock Exchange closed with 17 securities changing hands of which 2 advanced, 6 declined and 9 traded firm with a total of 1,125,469 units, valued at $4,040,198.
At the close of the market, the Composite Index fell 0.40 points to close at 1,151.23, the All T&T Index fell by just 1.80 points to 1,964.49 and the Cross Listed Index advanced by 0.13 points to close at 44.31.
Gains| Stocks increasing in price at the close are, First Citizens Bank traded 1,000 shares and closed 2 cents higher at $35.52 and Sagicor Financial Corporation gained 23 cents to end the at $6.25 with 2,000 shares.
Declines| Stocks declining at the end of trading are, Clico Investment Fund trading 73,790 shares valued at $1,660,278 to end at $22.50, with a 1 cent loss. Guardian Holdings trading 9,782 shares while falling by 27 cents to $14.20, National Enterprises in closing at a new 52 weeks’ low with 2,811 closed at $17.33, Republic Bank trading 825 shares while losing 1 cent, to close at $116. Scotia Investments fell 7 cents to close at $1.46 while trading 23,262 shares and Trinidad Cement lost 5 cents while contributing 113,491 shares with a value of $273,930 to end at $2.40.
TTSE 14-4-15 Firm Trades| Stocks closing with prices unchanged at the end of trading are, ANSA Mcal trading 690 shares at $66.91, Grace Kennedy with 610 shares changing hands and ended at $3.55, JMMB Group traded 13,701 shares at 43 cents, Massy Holdings trading 2,868 shares to close at $63.05. National Commercial Bank had 750,063 shares changing hands for a value of $1,125,094 to end at $1.50, National Flour Mills with 120,703 shares being traded for $181,054 closing at $1.50, One Caribbean Media trading 7,555 shares at $22.30, Prestige Holdings with 2,168 shares ended at $10 and Scotiabank trading 150 units to close at $62.11.
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 the offer that was lower.

2 up 3 down Monday on TTSE

Trading on the Trinidad Stock Exchange ended with 10 securities changing hands of which 2 advanced, 3 declined and 5 traded firm with a total of 614,598 units, valued at $1,570,784.
At the close of the market, the Composite Index lost 0.36 points to close at 1,151.63, the All T&T Index fell 0.97 points to close at 1,966.29, the Cross Listed Index advanced by 0.03 points to close at 44.18.
TTSE 13-4-15 Gains| Clico Investment Fund trading 13,000 shares valued at $292,63, put on a cent to end at $22.51 and Sagicor Financial Corporation are, with price rising by 4 cents to $6.02 with 1,400 shares changed hands are the only stocks increasing in price at the close of the market.
Declines| The stocks that declined at the close of the market are, Massy Holdings adding 3,221 shares valued at $203,090, to end 1 cent lower, at $63.05. National Flour Mills with 246,156 shares trading with a value of $369,235, fell 5 cents to $1.50 and Trinidad Cement in contributing 40,534 shares with a value of $99,308, declined by 10 cents to close at $2.45.
Firm Trades| Stocks closing with prices unchanged at the end of trading are Angostura Holdings with 384 shares trading and closing down a cent, at $14, First Citizens Bank trading 2,153 shares to close at $35.50. Guardian Media trading 1,000 shares at $19.76, National Commercial Bank with 305,000 shares changing hands for a value of $457,500, closed at $1.50 and One Caribbean Media with 1,750 shares trading to end at $$22.30.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator shows 2 stocks with the bid higher than their last selling prices and 1 with a lower offer.

Big TTSE day – 21 stocks trade

TTSE Building2_280x150 Trading on the Trinidad Stock Exchange on Wednesday was one of the days with the largest number securities being active with 21 securities changing hands. 5 stocks advanced, 4 declined and 12 traded firm, with a total of 1,239,809 units, valued at $3,303,501.
At the close of the market, the Composite Index lost 0.87 points to close at 1,154.57, the All T&T Index rose by just 0.33 points to close at 1,972.90 and the Cross Listed Index fell by a mere 0.28 points to end at 44.08.
Gains| Stocks increasing in price at the close are, Clico Investment Fund trading 1,800 shares and advanced by 2 cents to end at $22.54, First Citizens Bank gained 8 cents to end the day at $35.46, National Flour Mills with a volume of 139,713 shares being traded for $216,325 closing 5 cents up at $1.55. Massy Holdings traded 266 shares to close with a gain of 4 cents at $63.05, Point Lisas Industrial Port traded 1,500 shares and closed with a gain of 6 cents to end at $3.59.
Declines| The stocks declining at the end of trading are, Agostini’s trading 500 shares to end 1 cent down, at $17.28, National Commercial Bank with 1,042,473 shares changing hands, for a value of $1,570,205, lost 5 cents in closing at $1.50. Republic Bank suffered a 4 cents loss to close at a new 52 weeks’ low of $117.79, after trading 6,000 shares with a value of $706,740 and Trinidad Cement with 4,928 shares traded to close with a 4 cents loss at $2.55.
TTSE -8-4-15 Firm Trades| Stocks closing with prices unchanged at the end of trading are, ANSA McAL traded 200 shares to close at $66.91, Flavorite Foods contributed 100 shares at $4.80, Firstcaribbean International Bank ended with 2,270 units changing hands at $5. National Enterprises ended with 3,000 to close at $17.35. One Caribbean Media ended with 3,269 shares changing hands to close at $22.30, Sagicor Financial Corporation contributed 11,080 shares to end at $5.80, Scotiabank closed at $62.02 while trading 1,500 units, Scotia Investments added 10,550 shares at $1.55, Unilever Caribbean with 2,120 shares changing hands closed at $66.02 and West Indian Tobacco traded 43 units to close at $125.10
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had just 1 stock with the bid higher than their last selling prices and 2 stocks with offers that were lower.

4 stocks up 3 down on TTSE

Unilever hits a new 52 weeks' high on TTSE on Tuesday

Unilever hits a new 52 weeks’ high on TTSE on Tuesday

Trading on the Trinidad Stock Exchange ended on Tuesday with 15 securities changing hands of which 4 advanced, 3 declined and 8 traded firm, with a total of 160,108 units, valued at $3,898,926.
At the close of the market, the Composite Index advanced by 0.22 points to close at 1,155.44, the All T&T Index lost 0.39 points to close at 1,972.57 and the Cross Listed Index increased by a mere 0.12 points to end at 44.36.
Gains| Stocks increasing in price at the close are, First Citizens Bank trading 312 shares to close with a gain of 1 cent, at $35.38, Sagicor Financial gaining 5 cents to end at $5.80, while trading 10,200 shares. Scotiabank gaining 2 cents to close at $62.02, while 11,052 units valued at $685,445 changed hands and Unilever Caribbean trading 3,659 units with a value of $241,510, to close at a new 52 weeks’ high of $66.02.
Declines| The stocks declining at the end of trading are, Praetorian Property Mutual Fund declining by 2 cents to end at $3.48 with 2,000 units trading, Republic Bank adding 11,965 shares valued at $1,409,931 and lost 4 cents, in ending at a 52 weeks’ low of $117.83 and
TTSE 7-4-15Trinidad Cement with 11,500 shares traded and lost 1 cent in closing at $2.59.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Agostini’s with just 10 shares, closed at $17.29, Clico Investment Fund with 14,120 shares valued at $318,026 remained at $22.52, Flavorite Foods trading 20 shares to close at $4.80, Guardian Holdings contributed 15,000 shares with a value of $217,500 to end at $14.50. National Commercial Bank with 40,000 shares changing hands at $1.55, National Enterprises with 6,600 shares to end at $17.35, National Flour Mills contributed 387 shares at $1.50 and One Caribbean Media with a volume of 33,283 shares being traded for $742,211 and ended at $22.30.
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.