TTSE falls with 6 stocks falling

February 4, 2015 by

Massy Holdings dropped sharply on Wednesday by $1.75.

Massy Holdings dropped sharply on Wednesday by $1.75.

Trading on the Trinidad Stock Exchange resulted in no stock gaining out of the 11 securities changing hands. 6 stocks declined and 5 traded firm with a total of only 82,720 units, valued at $1,911,266 as Massy Holding stock fell $1.75 as investors continued to react negatively to the falling oil prices and its likely impact on the Trinidad economy.
At the close of the market, the Composite Index declined by 2.32 points to close at 1,148.69, the All T&T Index fell by 3.73 points to close at 1,980.87 and the Cross Listed Index lost 0.12 points to close at 41.44.
Declines| The stocks declining at the end of trading are, Clico Investment Fund trading 3,860 shares, gained 1 cent to end at $22.75, Massy Holdings trading 7,990 shares closed with a loss of $1.75 at $65.25 for a new 52 weeks’ low. National Flour traded 9,900 shares and closed 1 cent lower at $1.45, Republic Bank traded 132 units at $118.69, while losing 5 cents, Sagicor Financial traded 14,000 units to lose 14 cents at $5.35, a new 52 weeks’ low and LJ Williams ended trading in 10,000 units at 99 cents after dropping 1 cent.
TTSE 4-2-15 Firm Trades| Stocks closing with prices unchanged at the end of trading are, First Citizens Bank with 30,000 shares trading for $1,080,000 at $36, Scotia Investments trading 5,000 units at $1.45, Point Lisas Industrial Port Development ended with 765 shares trading at $3.75, Scotiabank traded 573 shares to close at $62 and West Indian Tobacco traded 500 shares at $123.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator is reflecting an improvement in the negative reading of Tuesday and now shows 7 stocks with the bid higher than their last selling prices and 5 stocks with offers that are lower.

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TTSE continues to reflect negativity

January 26, 2015 by

Angostura stock traded at a 52 weeks' high on Monday.

Angostura stock traded at a 52 weeks’ high on Monday.

Trading on the Trinidad Stock Exchange ended with 15 securities changing hands, 3 advanced, 7 declined and 5 traded firm with a total of 506,452 units, valued at $13,076,252. Compounding the negative advance, decline ratio, is a highly negative Investors’ Choice market sentiment indicator, pointing to further losses ahead as investors react negatively to prospects for socks with the price of oil having collapsed.
At the close of the market, the Composite Index rose 0.38 points to close at 1,151.63, the All T&T Index rose fell by just 1.78 points to close at 1,986.66 and the Cross Listed Index declined by 0.14 points to end at 41.45.
Gains| Stocks increasing in price at the close are, Angostura Holdings added 36,856 shares valued at $589,666, increasing 50 cents to end at a new 52 weeks’ high of $16. National Flour Mills with 3,000 shares trading to add 2 cents to end at $1.26 and West Indian Tobacco traded 750 shares to advance by 2 cents to end at $122.02, for a new 52 weeks’ high.
Declines| The stocks declining at the end of trading are, Clico Investment Fund trading 2,670 shares and declined by 2 cents to end at $23.43. First Citizens Bank with 300,000 shares changing hands for a value of $10,918,605, lost 9 cents to close at $36.40, Guardian Holdings with 14,188 shares traded, closed down a cent at $13.26, followed by Jamaica Money Market Brokers with 70,073 shares trading at 40 cents, down 3 cents. Republic Bank declined by 2 cents to $118.88 while 185 shares were traded, Sagicor Financial traded 32,022 shares to close at $5.49, falling by 1 cent and Scotiabank put through 1,250 shares to close at $62 after shedding a cent.
TTSE-26-1-15 Firm Trades| Stocks closing with prices unchanged at the end of trading are, Ansa Merchant Bank trading 100 shares to close at $38.9. Grace Kennedy contributed 2,036 shares in trading at $3.67, One Caribbean Media contributed 36,963 shares with a value of $885,214, to end at $23.95. Point Lisas Industrial Port Development traded 4,885 units to close at $3.75 and Trinidad Cement traded 1,474 shares to close at $2.30.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 7 stocks with the bid higher than their last selling prices and only 1 stock with offer being lower.

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TTSE starts week quietly

January 5, 2015 by

Trading on the Trinidad Stock Exchange ended on Monday with 12 securities changing hands of which 1 advanced, 1 declined and 10 traded firm with a total of 274,838 units, valued at $2,171,817.
TTSE 5-1-15At the close of the market, the Composite Index rose 0.06 points to close at 1,151.07, the All T&T Index gained 0.11 points to close at 1,983.37 and the Cross Listed Index remained at 41.74.
Gains| The only stock to gain in price at the close, is ANSA McAL as it traded 1,200 shares and increased by 5 cents to end at $66.45.
Declines| Massy Holdings was the sole stock declining at the end of trading, with 3,430 shares to close at $68.23, after declining by 3 cents.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Ansa Merchant Bank with 1,823 shares closed at $39.45, Clico Investment Fund with 51,494 shares valued at $1,209,543 to end at $23.50, Firstcaribbean International Bank contributed 4,870 shares to close at $5, First Citizens Bank traded 2,171 shares at $37.07. Flavorite Foods traded 615 units to close at $4.80 while Guardian Holdings traded 4,515 shares at $13.25, National Commercial Bank with 110,500 shares changing hands for a value of $127,095, closed at $1.16, followed by National Enterprises with 3,080 shares at $17.42. Point Lisas Industrial Port Development with 312 shares, ended at $3.75 and Trinidad Cement with a volume of 90,828 shares traded for $227,070 to close at $2.50.
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 2 stocks with offers that were lower.

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Rising prices ahead on TTSE

November 27, 2014 by

Trading on the Trinidad Stock Exchange ended with 14 securities changing hands of which 4 advanced, 1 declined and 9 traded firm with a total of 157,147 units, valued at $1,903,518.
TTSE 27-11-14At the close of the market, the Composite Index inched up 0.03 points to close at 1,143.20, the All T&T Index rose 0.05 points to close at 1,968.06 and the Cross Listed Index remained at 41.69.
Gains| Stocks increasing in price at the close are, Ansa Merchant Bank that gained a cent in closing at $39.42 while trading 185 shares. First Citizens Bank traded 3,373 shares, to close with a gain of 1 cent at $36.76, Massy Holdings traded 16,941 shares valued at $1,159,616, gained 3 cents to close at $68.48. and Praetorian Property Mutual Fund traded 50,000 shares valued at $175,000 and advanced by 10 cents, to end at $3.50.
Declines| The stock declining at the end of trading is, Point Lisas Industrial Port Development declined 2 cents to end the day at $4 and traded just 100 units.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Angostura Holdings contributed 10,823 shares with a value of $138,101 and closed at $12.76. Agostini’s with 402 shares ended at $17.33, Flavorite Foods traded 100 units at $4.90, Jamaica Money Market Brokers added 7,823 shares to close at 45 cents, National Commercial Bank with 50,000 shares changing hands, closed at $1.10. National Enterprises ended with 2,000 shares trading at $17.47, One Caribbean Media traded 4,900 units at $25.10, Prestige Holdings had 500 shares traded at $9.56 and Sagicor Financial Corporation 6.5% preference shares traded 10,000 units at US$1.10.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 7 stocks with the bid higher than their last selling prices and only 1 stock with the offer that was lower, this is the second day of such strong signal, an indication that prices should be rising in the session ahead.

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