Trading on the Trinidad Stock Exchange closed with 14 securities changing hands of which 4 advanced, 5 declined and 5 traded firm on Thursday, with a total of 447,002 units, valued at $7,951,431.
At the close of the market, the Composite Index rose 1.82 points to close at 1,157.09, the All T&T Index lost 2.67 points to close at 1,978.31 and the Cross Listed Index increased by 0.85 points to end at 44.03.
Gains| Stocks increasing in price at the close are, Clico Investment Fund trading 162,725 shares, valued at $3,662,705 to advance 1 cent to $22.51, First Citizens Bank trading 1,115 shares at $35.28 to gain 1 cent. National Commercial Bank with 60,000 shares trading for $92,500 lost 14 cents, to end at a new 52 weeks’ high of $1.55 and Scotiabank traded 661 shares in closing up 1 cent at $62.01.
Declines| The stocks declining at the end of trading are, Angostura Holdings trading 8,640 shares, losing 25 cents to end at $14.25. Grace Kennedy contributing 24,000 shares with a value of $84,960 ended at $3.54, with the loss of 1 cent while Jamaica Money Market Brokers, ended at 40 cents after losing 3 cents, with only 5,000 shares changing hands. Massy Holdings traded 8,382 shares valued and lost 37 cents to close at $63, a new 52 weeks’ low and Republic Bank added 21,855 shares valued at $2,578,890 while losing 21 cents to end at $118.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, ANSA Mcal trading 414 shares at $66.90, Guardian Holdings with 19,000 shares trading at $15.50, One Caribbean Media contributing 50 shares at $22.30. Prestige Holdings trading 16,500 units valued at $165,000, to close at $10 and Trinidad Cement with 118,660 shares changing hands for a value of $310,560 to close at $2.65.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator showed 3 stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.
4 up 4 down on TTSE Thursday
Guardian closes at new high on TTSE
Trading on the Trinidad Stock Exchange on Wednesday Guardian Holdings ended at a new 52 weeks’ high following full 2014 results. At the close of trading there were 14 securities changing hands of which 4 advanced, 2 declined and 8 traded firm with a total of 292,408 units, valued at $2,390,152.
At the close of the market, the Composite Index rose 1.49 points to close at 1,155.27, the All T&T Index rose fell by just 2.38 points to close at 1,980.98 and the Cross Listed Index increased by a mere 0.08 points to end at 43.18.
Gains| Stocks increasing in price at the close are, First Citizens Bank trading 636 shares at $35.27, with a gain of a cent. IC Insider’s Buy Rated Guardian Holdings contributed 49,043 shares with a value of $760,117 increasing by 93 cents to end at a new 52 weeks’ high of $15.50. Another IC Insider’s Buy Rated stock; National Commercial Bank traded 3,260 shares and ended at a new 52 weeks’ high of $1.41 to gain 3 cents and Prestige Holdings had 101,423 shares changing hands for a value of $1,014,228, to close with a gain of 9 cents to $10.
Declines| The stocks declining at the end of trading are, Grace Kennedy added 43,120 shares valued at $153,196 and lost 4 cents in ending at $3.55 and One Caribbean Media a loss of $1.66 to close at $22.30.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund trading 8,960 shares valued at $201,603 to end at $22.50, Jamaica Money Market Brokers end at 43 cents with 970 units changing hands, National Enterprises traded 10 units to close at $17.35, National Flour Mills traded 3,200 shares at $1.55, Scotia Investments with 5,413 shares closed at $ 1.50. Scotiabank contributed just 20 shares and closed at $62 followed by Trinidad Cement with 76,174 shares trading for $201,861 to end at $2.65 and West Indian Tobacco with 129 shares traded closed at $125.04.
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 6 stocks with offers that were lower.
4 TTSE stocks rose 3 fell Tuesday
Trading on the Trinidad Stock Exchange with 16 securities changing hands of which 4 advanced, 3 declined and 9 traded firm with a total of 252,342 units, valued at $2,209,695.
At the close of the market, the Composite Index rose 1.11 points to close at 1,153.78, the All T&T Index gained 1.97 points to close at 1,978.60 and the Cross Listed Index increased by a mere 0.03 points to end at 43.10.
Gains| Stocks increasing in price at the close are, First Citizens Bank trading 2.981 shares to close with a gain of 2 cents at $35.26, Guardian Holdings with 71,200 shares changing hands, for a value of $1,037,220, gained 59 cents to end at a new 52 weeks’ high, of $14.65. Sagicor Financial Corporation trading 490 shares to close with a gain of 4 cents at $5.20, Trinidad Cement with a volume of 51,480 shares traded for $136,422, closed with a gain of 15 cents to end at $2.65.
Declines| The stocks declining at the end of trading are, Agostini’s contributing 283 shares with the price closing 2 cents lower at $17.38, Angostura Holdings added 27,500 shares valued at $398,750 falling 39 cents to close at $14.50 and Scotiabank with 130 shares trading closed down a cent at $62.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund trading 4,681 shares valued at $105,374 to end at $22.50, Flavorite Foods trading 18,607 shares at $4.80, Grace Kennedy trading 1,453 units at $3.59, Jamaica Money Market Brokers while contributing 50,000 shares, closed unchanged at 43 cents. Massy Holdings traded 502 shares to close at $63.37, National Enterprises saw trading in just 11,315 shares valued at $196,297 to close at $17.35, Prestige Holdings traded 1,453 shares to close at $9.91, Scotia Investments traded 10,000 shares in closing at $1.50, and West Indian Tobacco trading 303 units and closed at $125.04.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than their last selling prices and 4 with offers that were lower.
Profit up at Prestige
Prestige Holdings with its KFC, Subway, TGI Fridays and Pizza Hut franchises reported improved results for the first twelve months of the fiscal year ending November 2014, but from revenues that were virtually flat.
Cost containment below that of 2013 also helped with the improvement in the profit out turn. Group revenue increased by 2 percent for the year to TT$922 million but declined 3 percent in the last quarter to $224 million. Profit after tax increased by 39 percent for the year to $50 million but declined by 98 percent to $101,000 in the November quarter. In 2013, the company wrote off its investment in TGI Friday operations in Barbados and was hit with an $8.7 million one off charge to profit, as a result.
The company faces cost and service quality problems in Trinidad where it has its main operation due to labour shortage in that country. Looking ahead the company has 110 restaurants outlets with one in Jamaica, room for expansion may be limited in the medium term thus negating the attractiveness of the stock as an attractive investment at this stage.
At the end of the fiscal year, Prestige had equity of $231 million and borrowing of $123 million and cash funds of $57 million. The stock sells for a PE of 12 times 2014 earnings and is likely to have limited upside potential, especially with interest rates on the rise in Trinidad.
8 TTSE stocks gained only 1 fell
NCB in good demand in Trinidad & seems poised to gain next week
At the close of the market, the Composite Index rose 1.79 points to close at 1,151.49, the All T&T Index gained 2.92 points to close at 1,974.35 and the Cross Listed Index increased by a mere 0.08 points to end at 43.06.
Gains| Stocks increasing in price at the close are, ANSA Mcal gaining 2 cents, while trading 4,886 units, to end at $66.90, First Citizens Bank trading 1,263 shares, gained 22 cents to close at $35.22, Guardian Holdings contributing 30,515 shares with a value of $413,479, put on 49 cents to end at $13.59. Massy Holdings gained 1 cent while trading 12,981 shares at $63.37. Point Lisas Industrial Port Development while exchanging 199 shares, gained 2 cents to end at $5.16, Sagicor Financial Corporation with 48,950 shares changing hands for a value of $252,582, closed with a 6 cents gain at $5.16. Scotia Investments added 13,500 shares and closed 4 cents higher at $1.49, Trinidad Cement traded 39,419 shares to end at $2.50 after putting on 19 cents and West Indian Tobacco gained 1 cent while trading 4,800 units to end at a new 52 weeks’ high of $125.05.
Declines| Scotiabank was the stock declining at the end of trading having lost 15 cents to close at $62.01 while trading 2,280 shares.Firm Trades| Stocks closing with prices unchanged at the end of trading are, Ansa Merchant Bank trading 4,280 units, to close at $38.91, Clico Investment Fund trading 17,027 shares valued at $383,108 and closing at $22.50. National Flour with 819 shares changing hands, closed at $1.55, One Caribbean Media with 315 shares, traded at $23.96, Prestige Holdings with 1,000 shares changing hands, closed at $9.91 and Republic Bank traded 790 shares to close at $118.21.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator shows just 1 stock with the bid higher than their last selling price and 1 stock with a lower offer.
3 new highs on TTSE Thursday
Trading on the Trinidad Stock Exchange closed with 14 securities changing hands of which 6 advanced, 4 declined and 5 traded firm with a total of 283,146 units, valued at $4,912,525. Three stocks closed at 52 weeks’ high.
At the close of the market, the Composite Index rose by 0.68 points to close at 1,149.70, the All T&T Index fell 1.39 points to close at 1,971.43 and the Cross Listed Index increased by 0.37 points to end at 42.98.
Gains| Stocks increasing in price at the close are, Clico Investment Fund trading 53,961 shares valued at $1,214,662 to end 1 cent up to $22.51, Firstcaribbean International Bank with 25,000 shares changing hands and closed at $5.10, for an increase of 7 cents. Guardian Holdings traded 10,255 shares at $13.10 after gaining 9 cents, National Commercial Bank with 106,324 shares trading closed 1 cent higher at a new 52 weeks’ high of $1.38. Prestige Holdings gained 1 cent to end at a 52 weeks’ high of $9.91 with 5,000 shares changing hands, Unilever Caribbean gained 4 cents to end at a new 52 weeks’ high of $65.40 while trading 1,058 shares.
Declines| Stocks declining at the end of trading are, Angostura Holdings with 5,334 shares closing with a loss of 6 cents, at $14.90. First Citizens Bank trading 2,164 shares, closing with a loss of 46 cents at $35, Grace Kennedy trading 1,686 shares at $3.59 after losing 1 cent and Scotiabank losing 4 cents in trading 2,342 shares to end at $62.16.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Massy Holdings trading 44,546 shares valued at $2,822,435 to close at $63.36, National Flour Mills exchanging 13,771 shares at $1.55, Republic Bank traded 10 shares and closed at $118.21 and Scotia Investments traded 11,668 shares at $1.45.
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 3 stocks with offers that were lower.
It’s a 747 Tuesday on TTSE
Trading on the Trinidad Stock Exchange on Tuesday closed with 18 securities changing hands, 7 advanced, 4 declined and 7 traded firm with a total of 126,256 units, valued at $1,103,934.
At the close of the market, the Composite Index gained 0.21 points to close at 1,146.72, the All T&T Index fell by 0.16 points to close at 1,975.34 and the Cross Listed Index rose 0.08 points to end at 41.66.
Gains| Agostini’s added 6,550 shares valued at $115,280 and gained 25 cents to end the day at $17.60, ANSA McAL had just 50 units changing hands with a 1 cent gain to end at $66.87, Clico Investment Fund trading 18,137 shares valued at $409,896 advanced by 9 cents to end at $22.60. Grace Kennedy added only 229 shares, to close at $3.61, with a gain of 1 cent, Guardian Holdings with 100 shares traded to close at $13.01 after gaining 1 cent, National Commercial Bank gained 1 cent to end at a new 52 weeks’ high of $1.23 and Scotiabank closed with 900 shares and gained 1 cent to end at $62.16.
Declines| The stocks declining at the end of trading are, Angostura Holdings ended at $15 while 655 units of the stock changed hands for a loss of 6 cents, First Citizens Bank exchanged 975 units and lost 1 cent, in closing at $35.49. Massey Holdings ended at a 52 weeks low of $63.45 after trading 2,935 shares and lost 12 cents and Republic Bank lost 13 cents to close at $118.22 while trading only 1 share.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Firstcaribbean International Bank exchanged 1,000 shares at $5.03. Jamaica Money Market Brokers had 50,230 shares changing hands at 43 cents, National Flour Mills traded 29,834 shares to close at $1.52, Prestige Holdings contributed 2,509 shares to close at $9.90, and Sagicor Financial Corporation trading 1,802 shares to end at $5.11, One Caribbean Media traded 250 units at $23.95 and Trinidad Cement contributed 7,800 shares at $2.50.
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 5 stocks with offers that were lower.
TTSE closes with moderate trading
Trading on the Trinidad Stock Exchange ended with 9 securities changing hands of which 3 advanced, 2 declined and 4 traded firm with a total of 153,230 units, valued at $2,177,076.
At the close of the market, the Composite Index rose by 0.13 points to close at 1,148.79, the All T&T Index gained 0.19 points to close at 1,980.04 and the Cross Listed Index fell 0.01 points to end 41.58.
Gains| Stocks increasing in price at the close are, ANSA McAL gained 4 cents to end at $66.86 after trading 4,646 units valued at $310,632. Ansa Merchant Bank added 5,000 shares valued at $194,550 and ended up a cent at $38.91 and Scotiabank traded 1,181 shares to end at $62.15 for a 2 cents gain.
Declines| The stocks declining at the end of trading are, Clico Investment Fund with 15,258 shares valued at $343,582 trading, lost 3 cents to $22.50 and First Citizens Bank had 700 units changing hands at $35.73 after dropping 1 cent.
Firm Trades| Firstcaribbean International Bank closed with a volume of 39,574 shares traded for $199,082 at $5.03, Guardian Holdings contributed 72,883 shares with a value of $947,479 to close at $13, Prestige Holdings traded 2,491 shares at $9.90 and Sagicor Financial Corporation closed at $5.11 while trading 11,497 shares.
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 5 stocks with offers that were lower.
3 stocks gained on TTSE Monday
Trading on the Trinidad Stock Exchange closed with 10 securities changing hands of which 3 advanced, 4 declined and 3 traded firm with a total of 118,492 units, valued at $7,843,551.
At the close of the market, the Composite Index rose 0.07 points to close at 1,148.94, the All T&T Index fell by just 0.47 points to close at 1,980.31 and the Cross Listed Index increased by 0.08 points to end at 41.58.
Gains| Stocks increasing in price at the close are, Agostini’s with 1,650 shares trading, closed up a cent at $17.60, Jamaica Money Market Brokers added 7,426 shares to gain 1 cent to 45 cents and Prestige Holdings with a volume of 20,800 shares traded for $205,920 and gained 20 cents to a new 52 weeks’ high of $9.90.
Declines| The stocks declining at the end of trading are, Massy Holdings trading 108 shares and closed with a loss of 4 cents at $63.64. Republic Bank with 62,721 shares changing hands for a value of $7,431,803, closed with a loss of 10 cents at $118.49 and Trinidad Cement traded 5,000 shares valued to close with a loss of 5 cents at $2.50.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund traded 2,400 shares and remained at $22.50, Grace Kennedy with 7,374 shares, to close at $3.61 followed by Guardian Holdings contributed 2,000 shares with the price closing unchanged at $13.10 and Sagicor Financial Corporation contributed 9,013 shares at $5.25.
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 4 stocks with offers that were lower.
3 up 3 down on TTSE
Trading on the Trinidad Stock Exchange ended Wednesday with 12 securities changing hands of which 3 advanced, 3 declined and 6 traded firm with a total of 1,192,767 units, valued at $6,189,604.
At the close of the market, the Composite Index rose 0.54 points to close at 1,147.61, the All T&T Index gained 1.19 points to close at 1,980.43 and the Cross Listed Index fell by a mere 0.02 points to end at 41.21.
Gains| Stocks increasing in price at the close are, National Flour Mills contributed 66,687 shares with a value of $97,346.73, closed at $1.46 with a 1 cent gain. Prestige Holdings closed with 1,953 shares traded gained 4 cents to a new 52 weeks’ high of $9.70 and Trinidad Cement with a volume of 242,192 shares being traded for $667,888 and put on 16 cents to end at $2.76.
Declines| The stocks declining at the end of trading are, Massy Holdings with 500 shares changing hands suffered 1 cent decline to $63.87, a 52 weeks’ low. One Caribbean Media stock price fell by 1 cent to close at $23.95 while trading 2,183 shares and Sagicor Financial Corporation with 811,070 shares changing hands for a value of $4,056,478, ended at $5 with a 2 cents loss.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Berger Paints traded 26 units at $3.65, Clico Investment Fund had 38,050 shares changing hands valued at $856,125 and remained at $22.50, First Citizens Bank traded 7,038 shares valued at $251,608, to close at $35.75. National Commercial Bank with 6,603 shares traded to end at $1.18, Scotiabank traded 2,065 shares at $62.10 and Scotia Investments added 14,400 shares and closed at $1.45.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator shows 5 stocks with the bid higher than their last selling prices and 4 stocks with offers that were lower.
