Trading on the Trinidad & Tobago Stock Exchange resulted in 13 securities changing hands on Tuesday compared to 9 on Monday. Market activity led to 3 stocks advancing, 6 declining and 4 unchanged with 113,158 shares traded at a value of $864,641 compared to Monday’s 50,550 shares valued at $1,371,638.
The Composite Index lost 0.12 points to 1,233.73, the All T&T Index declined 0.28 points to 1,802.82 and the Cross Listed Index added 0.01 point to close at 89.19.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 8 stocks with bids higher than last selling prices and 4 with lower offers.
Gains| Sagicor Financial gained 2 cents to close at $9.02 exchanging 1,000 units, Scotia Investments closed at a 52 weeks’ high of $2.75, with gains of 5 cents, trading 11,000 shares and Trinidad & Tobago NGL added 1 cent, closing at $22.50, with 250 shares changing hands.
Losses| Clico Investment closed at $22.50, with a loss of 1 cent trading 19,179 shares valued at $431,534, JMMB Group traded 1 cent lower to close at $1.30 exchanging 71,262 units, 
National Flour Mills lost 2 cents to close at $2.53 with 800 shares changing hands. Readymix traded at $12, losing 62 cents with an exchange of 5,583 units, Republic Financial Holdings closed at a 52 weeks’ low of $101.90, with a 10 cent loss, trading 1,047 shares and Trinidad Cement lost 1 cent to close at $4.21 with trades of 116 units.
Firm Trades| First Citizens closed at $32 with 920 units changing owners, Guardian Holdings closed at $15.45 with trades of 100 shares, Massy Holdings closed at $51.43 exchanging 1,611 shares and One Caribbean Media traded 290 shares at $16.85.
Falling stocks 2 to 1 over gainers
TTSE still consolidating
Trading volume picked up in trading on the Trinidad & Tobago Stock Exchange on Friday from Thursday’s low level but the value of stocks traded ended up just slightly lower as the number of securities rose.
Market activity resulted in 17 securities changing hands compared to 12 on Thursday with 5 stocks advancing, 2 declining and 10 holding firm. Trading closed with an exchange of 229,684 shares valued at $1,612,238 compared to Thursday’s 70,937 shares valued at $1,807,695.
The Composite Index gained 1.71 points to 1,233.30, the All T&T Index advanced 8.77 points to 1,802.33 and the Cross Listed Index lost 0.74 points to close at 89.13.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 10 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Angostura Holdings gained 10 cents to close at $15 exchanging 5,000 units, Clico Investment closed at $22.51, with a 1 cent gain, trading 1,000 units, Guardian Holdings closed at $15.45, gaining 45 cents with an exchange of 20,186 shares valued at $311,597. National Enterprises traded 49 cents higher to close at $10.50, with 1,038 shares changing hands and Readymix closed at $12.62, gaining 12 cents in the process with 600 units trading.
Losses| First Caribbean International Bank 
closed at $8.60, with a loss of 15 cents exchanging 11,851 shares and Sagicor Financial lost 10 cents to close at $9, with 10,494 shares changing owners.
Firm Trades| Ansa McAL closed at $66.50 trading 650 units, First Citizens traded 590 shares at $32, Grace Kennedy closed at $2.70 with trades of 135,978 units valued at $367,141, JMMB Group exchanged 31,617 shares at $1.31, National Flour Mills closed at $2.56 with an exchange of 520 shares. Scotia Investments traded 1,955 units at $2.70, Scotiabank exchanged 7,027 shares at $58 valued at $407,816, Trinidad Cement held firm at $4.22 with just 10 shares changing hands. Trinidad & Tobago NGL was unchanged at $22 trading 430 shares and West Indian Tobacco closed at $127 with 738 units traded.
Readymix jumps on takeover offer
TCL made an offer to buy out the minority shares in Reaymix at TT$11.
Trading closed with 12 securities changing hands compared to 11 on Wednesday, with the market having been closed on Thursday. The prices of 3 stocks gained 7 fell and 2 remained unchanged.
Trading volume fell to a low of 67,974 shares valued at $1,375,038 compared to Wednesday’s 90,080 shares valued at $621,874 as the prices of 3 stocks rose, 7 declined and 2 traded with the price unchanged.
The Composite Index fell 0.72 points to 1,233.79, the All T&T Index declined 1.09 points to 1,811.54 and the Cross Listed Index lost 0.05 points to 87.98.
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| Clico Investment rose 1 cent in exchanging 4,327 units at $22.51, Readymix gained 71 cents in trading 1,400 shares to close at a 52 weeks high of $11.51 after the parent company made an offer $11 for the minority shares and Trinidad Cement closed with 5,000 shares trading at $4.21 after rising by 4 cents.
Losses| Angostura Holdings lost 1 cent and closed at $15 with 10 shares traded, First Citizens closed with a loss of 35 cents to end at $31.65 trading 3,335 shares, Guardian Holdings lost 2 cents in trading 2,365 units at $15.98, JMMB Group fell 2 cents and exchanged 5,455 shares at $1.20, National Enterprises lost 6 cents to close at $10.82 trading 2,110 shares, Republic Financial Holdings dropped $3.49 in exchanging 17 shares to end at a 52 weeks’ low of $101.99 and Trinidad & Tobago NGL dropped $1.21 to close at $21.50 with an exchange of 42,739 units valued at $918,889.Firm Trades| Massy closed at $53 with 100 units changing hands and West Indian Tobacco closed at $127.01 with trading in 1,116 units.
6 TTSE stocks rose 4 declined – Thursday
FirstCaribbean International Bank closed at a 52 weeks’ high on Thursday.
At the close, all three indices headed higher as 18 securities were exchanged compared to 11 on Wednesday, the prices of 6 stocks advanced, 4 declined and 8 held firm in an exchange of 371,489 shares valued at $2,456,056 compared to Wednesday’s 723,552 shares valued at $21,761,282.
The Composite Index advanced 3.39 points to 1,252.83, the All T&T Index gained 1.87 points to 1,834.08 and the Cross Listed Index gained 0.67 points to 90.07 with year to date gains of 15.22 percent.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| First Caribbean International Bank closed at a 52 weeks’ high of $9.01 with gains of 16 cents and 20,130 units changing hands, Guardian Holdings closed 65 cents higher to a new 52 weeks’ high of $16, trading 56,711 shares, valued at $907,376, LJ Williams B share gained 4 cents to close at 75 cents with an exchange of 3,200 units. Scotia Investments closed at $2.20, gaining 1 cent with 7,146 units trading, Trinidad Cement added 1 cent to close at $4.17 with 300 units being exchanged and Trinidad & Tobago NGL closed with gains of 20 cents to $23 and 10,949 shares changing owners.
Losses| National Enterprises declined 10 cents, closing at $10.80 with an exchange of 4,843 shares, National Flour closed 7 cents lower to $2.60 with an exchange of 179,171 units valued at $465,165.
Praetorian Property lost 5 cents to close at $2.85 with trades of 1,352 shares and Readymix closed at a 52 weeks low of $10.80, after losing 20 cents trading 1,500 units.Firm Trades| Clico Investment was unchanged at $22.50 trading 1,786 units, First Citizens closed at $32.49 with trades of 150 shares, JMMB Group ended trading at $1.20 with an exchange of 2,565 units, National Commercial Bank remained at $4 with 65,000 units changing hands. Point Lisas traded 9,783 shares at $3.70, Prestige Holdings held firm at $10.99 trading 4,171 units, Scotiabank closed at $58.75 with 2,612 shares trading and West Indian Tobacco remained at $127 with 120 units changing hands.
Guardian Holdings hits new high
Guardian Holdings rose in trading on the Trinidad & Tobago Stock Exchange on Monday to hit a new 52 weeks’ high, but it was not the only stock to do so. Market momentum continued from Friday with 14 securities changing hands up from to 12 on Friday.
At the close, 6 stocks advanced, 4 declined and 4 remained unchanged, leading to an exchange of 985,557 shares valued at $2,465,660 compared to Friday’s trades of 522,359 shares valued at $3,824,294.
The Composite Index slipped 0.15 points to 1,229.29, the All T&T Index lost 0.19 points to 1,823.15 and the Cross Listed Index is down 0.01 point to 85.12.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 9 stocks with bids higher than last selling prices and 8 with lower offers.
Gains| Clico Investment closed at $22.53, adding 1 cent with 6,480 units changing hands, Guardian Holdings advanced 55 cents to close at a 52 weeks’ high of $14.55 with 11,610 shares traded, Massy Holdings gained 30 cents and closed at $51.40 with an exchange of 1,200 shares. Sagicor Financial added 9 cents, closing at a 52 weeks’ high of $9.20 with trades of 25,124 units, Scotiabank closed 1 cent higher to $58.75 with 60 shares exchanged and Trinidad & Tobago NGL closed at $22.50, gaining 50 cents with trades of 17,716 units valued at $397,981.
Losses| Grace Kennedy was down 2 cents to close at $2.65 with an exchange of 117,880 units valued at $312,282, Prestige Holdings lost 15 cents, closing at $10.85 with 2,031 shares changing hands, infrequent trader, ReadyMix dropped 17 cents to 52 weeks’ low of $10.83, trading 1,200 units and Republic Financial Holdings slid to $106.74, a loss of $1.24 with 548 shares changing ownership.
Firm Trades| JMMB Group traded 786,922 units at $1.20 for a value of $944,814, Trinidad Cement held firm at $4.15 with trades of 6,286 shares and West Indian Tobacco was unchanged at $127 with 500 units changing hands.
Trading levels up on TTSE – Tuesday
Grace Kennedy ended at a 52 weeks’ closing high on the Trinidad & Tobago Stock Exchange on Tuesday.
At the close 4 stocks rose, 4 declined and 6 remained unchanged, leading to advances in the market’s indices.
The Composite Index rose 0.76 points to close at 1,159.66, the All T&T Index advanced 0.89 points to close at 1,822.81 and the Cross Listed Index gained 0.08 points to end at 66.10.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 6 stocks with bids higher than their last selling prices and 5 with offers that were lower.
Gains| Grace Kennedy contributed 250,840 shares with a value of $641,381 while gaining 2 cents to close at a 52 weeks’ high of $2.55, Massy Holdings closed with 10,393 shares, valued at $2,85 changing hands with a gain of 60 cents to close at $55.50. Republic Financial Holdings gained 2 cents and ended with 11,000 shares with a value of $1,209,902 changing hands at $110 and Scotiabank closed with 4,976 shares changing hands and gained 1 cent to end at $57.31.
Losses| Guardian Holdings had 24,846 shares changing hands to end with a loss of 4 cents at $13.53, Prestige Holdings had 2,791 units changing hands, to close with a loss of 10 cents at $10.80. Readymix
dropped 60 cents to a 52 weeks’ low of $11 with 100 units changing hands and Trinidad and Tobago NGL closed at $23.75 with 1,400 units changing hands after falling 1 cent.Firm Trades| Angostura Holdings ended with 482,737 shares with a value of $6,757,118 changing hands to close at $14, First Citizens traded 3,161 units at $35, JMMB Group had 52,000 shares changing hands at 64 cents. National Commercial Bank ended with 10,000 shares changing hands to close at $2.65 and Sagicor Financial Corporation closed with 16,594 shares changing hands at $6.75 and Trinidad Cement closed at $3.05 with 311,448 shares carrying a value of $949,948 changing hands.
Only 2 TTSE stocks rose & 3 fall – Thursday
JMMB Group one of the two stocks to gain on TTSE on Thursday.
The Composite Index gained 0.67 points to close at 1,151.80, the All T&T Index lost 1.07 points to close at 1,813.46 and the Cross Listed Index rose 0.33 points to at 65.24.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 4 stocks with bids higher than their last selling prices and 3 with offers that were lower.
Gains| JMMB Group ended with 64,571 shares changing hands to close 4 cents higher at 64 cents and Tobago Trinidad and NGL rose by just 1 cent with 1,000 shares changing hands at $23.76.
Losses| Prestige Holdings traded 5,365 shares to close 10 cents lower at $10.80, Readymix dropped 65 cents to close at a new 52 weeks’ low of $11.60 with 160 shares changing hands and Unilever Caribbean dived $1.32 with 5,000 shares trading to close at a 52 weeks’ low of $63.
Firm Trades| Ansa McAl traded only 29 units to end at $62, First Citizens traded 4,328 units at $35, Clico Investment Fund ended at $22.65 with 13,717 shares trading, Grace Kennedy contributed 1,729 shares, to close at $2.20, Massy Holdings ended with 10,000 shares valued at $549,800 changing hands to end at $54.98. Republic Financial Holdings closed at $109.98 with 10,100 shares at a value of $1,110,521 changing hands, Trinidad Cement traded 13,610 shares to close unchanged at $3.05 and West Indian Tobacco had 3,149 shares changing hands at $126.31.
Decliners beat TTSE advancers – Friday
Massy rose on Friday
Trading on the Trinidad and Tobago Stock Exchange on Friday resulted in slightly more stocks declining than advancing. The market closed with 9 active securities changing hands, with 3 stocks rising, 4 declining while 2 remaining unchanged, as 334,465 shares valued at $6,297,246 changed hands. The market ended with 1 stock closing at 52 weeks’ lows.
The Composite Index gained 0.21 points to close at 1,109.67, the All T&T Index advanced by 0.48 points to close at 1,762.60 and the Cross Listed Index remained at 60.73.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 7 stocks with bids higher than their last selling prices and 10 with offers that were lower. The indicator has been showing improving market sentiments recently but it may not mean the end of declining stocks.
Gains| Massy Holdings gained 16 cents in trading 1,010 shares at $48.15, Scotia Investments contributed 500 shares, gaining 1 cent to close at $1.61 and Trinidad and Tobago NGL rose 1 cent in trading 21,792 units with a value of $457,505 to close at $21.
Losses| Clico Investment Fund traded 247,113 shares valued at $5,587,242 and fell 4 cents to close at $22.61, Point Lisas lost 2 cents in trading 10,000 units to close at $3.80. Sagicor Financial Corporation closed with 4,000 shares changing hands, to end with a fall of 2 cents at $7.15 and Unilever Caribbean dipped 1 cent with 15 shares trading, to close at a 52 weeks’ low of $64.82.Firm Trades| Praetorian Property Mutual Fund traded 50,000 shares at $2.70 and Readymix 35 units at $14.01.
Falling prices on TTSE – Wednesday
JMMB was the only stock rising on the TTSE on Wednesday.
Trading ended with 1 stocks rising, 4 declining while 4 remaining unchanged on Wednesday, as 380,509 shares valued at $8,395,389 changed hands.
The Composite Index declined by 2.07 points to close at 1,114.56, the All T&T Index fell 4.78 points to close at 1,775.52 and the Cross Listed Index rose 0.09 points to 60.28.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 4 stocks with the bid higher than the last selling prices and 8 with offers that were lower. The indicators are pointing to further losses for the market, with the prices of some large capitalized stocks set to fall with offers at or below the last traded prices and bids for a small number of shares which are in some instances some distance away from the last traded prices.
Gains| JMMB Group traded 500 shares and gained 2 cents to end at 60 cents.
Losses| Readymix West Indies lost $1.04 while trading 99 shares, to close at a 52 weeks’ low of $14.01, Republic Financial Holdings shed 80 cents while 32 shares changed hands at 52 weeks’ low of $107.99.
Massy Holdings fell by 96 cents to a 52 weeks’ low of $49, to close with 16,285 shares valued at $807,411 changing hands and Trinidad and Tobago NGL traded 15,636 units with a value of $320,538 to close at $20.50 with a loss of 49 cents.Firm Trades| Clico Investment Fund traded 303,640 units valued at $6,865,292 to close at $22.60, National Flour closed at $2.10 with 30,400 shares changing hands, Sagicor Financial with 8,917 units changing hands ended at $7.05 and Scotiabank with 5,000 shares changing hands, ended at $54.
Scotia ends at $62 on TTSE
In trading on the Trinidad Stock Exchange, Scotiabank climbed to $62 to be the stock with the highest gain at the close. Trading resulted in 18 securities changing hands, at the close on Tuesday, of which 4 advanced, 4 declined and 10 traded firm, with a total of 385,169 units, valued at $8,973,527 trading.
At the close of the market, the Composite Index rose 1.04 points to close at 1,152.11, the All T&T Index rose fell by 1.86 points to close at 1,985.23 and the Cross Listed Index increased by a 0.03 points to end at 41.77.
Gains| Stocks increasing in price at the close are, ANSA McAL traded 4,098 units at $66.50 while gaining 5 cents. Jamaica Money Market Brokers added 27,400 shares at 44 cents to gain a cent, National Flour with 11,495 shares advanced by 2 cents to end at $1.18 and Scotiabank jumped 48 to end the day at $62 with 3,264 shares changing hands.
Declines| The stocks declining at the end of trading are, First Citizens Bank lost 4 cents in trading 20 shares and closed at $37.03. Massy Holdings with 95,095 shares traded for $6,487,335, closed at $68.22 with a 1 cent loss, National Enterprises had 773 shares changing hands at $17.42, down a cent and Readymix with 156 shares traded at a loss of 1 cent to close at $18.79.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Agostini’s exchanged 288 shares at $17.50 each, Ansa Merchant Bank traded 200 shares at $39.45, Clico Investment Fund traded 59,367 shares valued at $1,395,125, to close at $23.50, Guardian Holdings traded 8,008 shares to close at $13.25. Guardian Media closed with 652 units trading at $19.75. National Commercial Bank with 105,000 shares changing hands for a value of $120,800 and ended at $1.15, One Caribbean Media closed at $25 with 5,031 units trading, Point Lisas Industrial Port with 2,500 shares ended at $3.75, Sagicor Financial Corporation traded 8,970 shares to close at $5.95 and Trinidad Cement contributed 52,852 shares with a value of $132,130 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 1 stock with the offer that was lower.