All 3 TTSE stock indices rise – Monday

August 13, 2018 by

Trinidad & Tobago Stock Exchange Head Quarters

Trading on Trinidad & Tobago Stock Exchange ended on Monday with trading in 14 securities against 15 on Friday, with 3 advancing, 4 declining and 7 remaining unchanged leading gains in all market indices.
Market activity ended with one stock ended at 52 weeks’ closing high as 203,230 shares valued at $1,737,939 changing hands, compared to 366,114 shares valued at $2,694,047, on Friday.
At the close the Composite Index rose 1.09 points to 1,232.01, the All T&T Index added 0.22 points to 1,711.96 and the Cross Listed Index gained 0.27 points to close at 101.10.
IC bid-offer Indicator| At the close of trading, the Investor’s Choice bid-offer indicator reading shows market sentiment with 3 stocks ending with higher bids than the last selling prices and 2 with lower offers.
Stocks with Gains| Guardian Holdings concluded trading of 10,696 units after rising 5 cents to $16.55, NCB Financial Group added 1 cent and settled at $5.66, after exchanging 5,000 shares and Republic Financial Holdings gained 5 cents and ended trading at a 52 weeks’ high of $103, after exchanging 1,200 shares.
Stocks Losses| Clico Investments traded with a loss of 6 cents and ended at $19.94, with 23,050 stock units changing hands, First Citizens closed with a loss of 1 cent and settled at $35, after exchanging 2,963 shares, National Flour shed 4 cents and completed trading at $1.75, with 5,000 units and Unilever Caribbean lost 10 cents and ended at $26.90, with 50 stock units changing hands.
Firm Trades| Calypso Macro Index Fund traded 314 shares at $15.74, Grace Kennedy ended at $2.90, with 66,687 stock units changing hands, Massy Holdings closed at $46.90, after exchanging 281 shares, One Caribbean Media concluded trading of 796 shares at $12.29, Sagicor Financial ended at $7.50, with 65,393 stock units changing hands, Scotiabank completed trading of 900 units at $65.02 and Trinidad Cement ended at $2.90, after exchanging 20,900 shares.
Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , , , ,

2 TTSE stocks rise 3 fall – Friday

August 10, 2018 by

Republic Financial Holdings closes at 52 weeks’ high.

Trading on Trinidad & Tobago Stock Exchange ended on Friday with 366,114 shares valued at $2,694,047 changing hands, compared to 344,130 shares valued at $3,881,434, on Thursday.
Market activity ended with 15 securities changing hands compared to 12 trading on Friday and the market closed with 2 recording gains, 3 losses and 10 ending with prices unchanged. At the close of trading one stock ended at 52 weeks’ closing high.
At the close the Composite Index lost 0.20 points on Friday to 1,230.92, the All T&T Index declined 0.40 points to 1,711.74 and the Cross Listed Index remained unchanged at 100.83 points.
IC bid-offer Indicator| At the close of trading, the Investor’s Choice bid-offer indicator reading shows market sentiment with 4 stocks ending with higher bids than the last selling prices and 3 with lower offers.
Stocks with Gains| First Citizens rose 1 cent and ended at $35.01, after exchanging 1,228 shares and Republic Financial Holdings closed with a gain of 3 cents and completed trading at a 52 weeks’ closing high of $102.95, after exchanging 1,845 shares.
Stocks Losses| One Caribbean Media shares fell 7 cents and completed trading at $12.29, after exchanging 20,831 shares, Trinidad & Tobago NGL share fell 1 cent and ended at $30, after exchanging 40,150 shares and Trinidad Cement shed 5 cents and completed trading at $2.90, after exchanging 100 shares.
Firm Trades| Clico Investments settled at $20, with 2,381 stock units changing hands, Grace Kennedy closed at $2.90, trading 253,750 shares, Guardian Holdings concluded trading at $16.50, with 3,000 units, JMMB Group completed trading at $1.75, after exchanging 31,000 shares, Massy Holdings completed trading of 370 shares at $46.90, Point Lisas settled at $3.70, with 223 stock units changing hands, Prestige Holdings concluded trading of 200 units at $10, Sagicor Financial settled at $7.50, with 10,912 stock units changing hands, Scotiabank closed at $65.02, with 15 units and West Indian Tobacco concluded trading at $87.99, with 109 units changing hands.
Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , , ,

3 TTSE stocks each rise & fall – Thursday

August 9, 2018 by

Republic Bank traded at a 52 weeks’ high of $102.92.

Trading on Trinidad & Tobago Stock Exchange ended on Thursday with 344,130 shares valued at $3,881,434 changing hands, compared to 214,080 shares valued at $2,940,696, on Wednesday.
Market activity ended with 12 securities changing hands compared to 17 trading on Thursday, and the market closed with 3 recording gains, 3 losses and 6 ending with prices unchanged. At the close of trading two stocks ended at 52 weeks’ closing highs and one at a low.
At the close the Composite Index lost 0.14 points on Thursday to 1,231.12, the All T&T Index added 0.05 points to 1,712.14 and the Cross Listed Index lost 0.04 points to 100.83.
IC bid-offer Indicator| At the close of trading, the Investor’s Choice bid-offer indicator reading shows market sentiment with 2 stocks ending with higher bids than the last selling prices and 4 with lower offers.
Stocks with Gains| Republic Financial Holdings concluded trading of 474 shares and gained 4 cents and ended at a 52 weeks’ high of at $102.92, Scotiabank added 1 cent in completing trading at $65.02, after exchanging 5,800 units and Trinidad & Tobago NGL increased 27 cents and settled at a 52 weeks’ high of $30.01, after exchanging 8,879 shares.
Stocks Losses| First Citizens closed with a loss of 1 cent at $35, after exchanging 1,516 shares,

National Enterprises shed 50 cents and ended at a 52 weeks’ low of $9, with 2,310 stock units changing hands and West Indian Tobacco lost 1 cent and completed trading at $87.99, with 2,497 units.
Firm Trades| Ansa Merchant settled at $40, after exchanging 1,000 shares, Clico Investments ended at $20, with 34,595 stock units changing hands, First Caribbean International Bank completed trading 200 units at $8.49, National Flour ended trading 2,500 units at $1.79, One Caribbean Media concluded market activity at $12.36, after exchanging 6,000 shares and Sagicor Financial ended at $7.50, with 278,359 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , ,

TTSE stock prices steady again – Wednesday

August 8, 2018 by
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Trading on Trinidad & Tobago Stock Exchange ended on Wednesday with 214,080 shares valued at $2,940,696 changing hands, compared to 93,130 shares valued at $2,269,792, on Tuesday but closed without any price change.
Market activity ended with 17 securities trading and based on the last traded price none recording a change at the close, while 12 traded on Wednesday.
At the close the Composite Index lost 2.22 points on Wednesday to 1,231.26, the All T&T Index dropped 6.72 points to 1,712.09 and the Cross Listed Index rose 0.33 points to 100.87.
IC bid-offer Indicator| At the close of trading, the Investor’s Choice bid-offer indicator reading shows market sentiment with 4 stocks ending with higher bids than the last selling prices and 6 with lower offers.
At the close of the market, Angostura Holdings completed trading of 100 shares to close at $15.75, Ansa McAl settled at $57, exchanging 445 units, Calypso Macro Index Fund traded 3,250 units at $15.95, Clico Investments completed trading at $20, with 3,596 stock units changing hands, First Caribbean International Bank settled at $8.49, exchanging 72,500 units, First Citizens concluded market activity at $35.01, after exchanging 1,982 shares, Grace Kennedy completed trading at $2.80, with 10,463 stock units changing hands, Guardian Holdings settled at $16.60, with 2,787 units, Massy Holdings ended at $46.90, after exchanging 7,330 shares, National Enterprises completed trading of 5,600 stock units at $9.50, One Caribbean Media ended at $12.36, after exchanging 9,512 shares, Point Lisas completed trading at $3.70, with 100 stock units changing hands, Republic Financial Holdings closed at $102.88, after exchanging 1,030 shares, Sagicor Financial completed trading at $7.50, with 69,959 stock units changing hands, Scotiabank settled at $65.01, with 3,534 units, Trinidad & Tobago NGL ended at $29.74, after exchanging 21,780 shares and Unilever Caribbean completed trading 112 stock units at $27.
Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , , , ,

Republic makes bid for Cayman biggest bank

August 8, 2018 by

Demand rises for Republic Financial Holdings

Trinidad’s Republic Holdings has made an offer through its wholly-owned subsidiary of RBTT Barbados Republic Financial Holdings to acquire between 51 percent and 74.99 percent of the issued shares of Cayman National Bank.
The offer is priced between US$6 to US$6.75 per Cayman National share representing a premium between US$3 to US$3.75 per share as compared to the closing price of US$3 per Cayman National share on 3 August. The offer price is around 10 times earnings which is very attractive to republic as profit has been growing nicely for last year and the current year. The acquisition would allow Republic to merge Cayman National with Republic’s Cayman operations.
Cayman National has total assets of CI$1,558,692,523, up from $1,464,852,010 at June 2017. Total Comprehensive Income for nine months to June 2018 is CI$16,062,080 and is up from CI$10,841,267 in 2017.
The Offer remains subject to a number of conditions, including completion of due diligence by RBTTBL and recommendation by the Board of CNC for the Possible Offer.
Cayman National was Established in 1974 and is the largest financial services company based in the Cayman Islands, providing banking, trust and company management, fund administration, and wealth management services to clients locally and around the world, from the Cayman Islands, and the Isle of Man, with an office also in Dubai. Cayman National is publicly traded on the Cayman Islands Stock Exchange and comprises: Cayman National Bank Ltd., Cayman National Fund Services Ltd., Cayman National Securities Ltd., Cayman National Bank (Isle of Man) Limited and Cayman National Trust Company (Isle of Man) Limited and Cayman National (Dubai) Ltd.
RBTTBL was established in 1999 and is a licensed offshore international financial business operating pursuant to the International Financial Services Act, CAP. 325 of the Laws of Barbados which primarily conducts investment and investment management services. RBTTBL’s registered office is located at Republic Bank (Barbados) Limited, Independence Square, Bridgetown, Barbados. RBTTBL is a wholly-owned subsidiary of Republic Financial Holdings Limited. RBTTBL currently has wholly-owned subsidiary in the Cayman Islands, Republic Bank (Cayman Limited).
About Republic Bank (Cayman) Limited:
Republic Bank (Cayman) Limited was established on 13 January 1992 and currently holds a Trust License and an Unrestricted Class B Banking License under the Banks and Trust Companies Law of the Cayman Islands, as amended. Republic Bank (Cayman) Limited also holds a Mutual Funds License and is a registered Excluded Person for purposes of the Securities Investment Business Law of the Cayman Islands (SIBL-EP).
RFHL is listed on the Trinidad and Tobago Stock Exchange and has over US$10 billion of total assets. RFHL, along with its subsidiaries and associated companies, provides commercial banking and related services. These include investment banking, mortgage financing, securities trading and related activities, trustee services, credit card operations, foreign exchange and trade finance services as well as deposit taking and lending operations. Through its subsidiaries and associated companies, RFHL has operations domiciled in Barbados, Ghana, Suriname, Grenada, Guyana and St. Lucia in addition to Trinidad and Tobago.

Filed Under: Breaking News, Company News, General Business News Tagged With: , ,

No price change for TTSE – Tuesday

August 7, 2018 by

Trinidad & Tobago Stock Exchange Head Quarters

Trading on Trinidad & Tobago Stock Exchange ended on Tuesday with just 93,130 shares valued at $2,269,792 changing hands, compared to 148,531 shares valued at $1,117,407, on Monday.
Market activity ended with 12 securities trading and based on the last traded price none recording a change at the close, while 12 traded on Tuesday.
At the close the Composite Index rose 0.40 points on Tuesday to 1,233.48, the All T&T Index gained 0.80 points to 1,718.81 and the Cross Listed Index held firm at 100.54.
IC bid-offer Indicator| At the close of trading, the Investor’s Choice bid-offer indicator reading shows market sentiment with 4 stocks ending with higher bids than the last selling prices and 5 with lower offers.
Firm Trades| Angostura Holdings ended at $15.75, with 250 stock units changing hands,  Clico Investments closed trading at $20, after 41,000 stock units changed hands, First Citizens settled at $35.01, after exchanging 2,604 shares, First Caribbean International Bank lost 1 cent and completed trading at $8.49, with 120 units, JMMB Group closed with a loss of 5 cents at $1.75, after exchanging 649 shares LJ Williams B share settled at 70 cents, after exchanging 10,000 shares. Massy Holdings concluded at $46.90, after exchanging 584 shares, Republic Financial Holdings concluded trading at $102.88, in exchanging 970 shares, Sagicor Financial ended at $7.50, with 3,046 stock units changing hands Scotiabank shed 1 cent and completed trading at $65.01, with 6,255 units changing hands, Trinidad & Tobago NGL increased 14 cents and settled at $29.74, trading 26,152 shares and Trinidad Cement concluded trading at $2.95, after exchanging 1,500 shares.
Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , ,

Unilever dives $2.20 on TTSE – Monday

August 6, 2018 by

Unilever Caribbean crash $2.20 to sit at $27 just above the low of $26.75 reached in July, which is just above the price back in early July 2011.
Trading on Trinidad & Tobago Stock Exchange on Monday was more moderate than on Friday with just 148,531 shares valued at $1,117,407 changing hands, compared to 271,085 units valued at $2,133,526, on Friday.
Market activity ended with 12 securities trading against 10 on Friday, with 4 advancing, 6 declining and 3 remaining unchanged. At the close the Composite Index declined 1.42 points on Monday to 1,233.08, the All T&T Index fell 0.83 points to 1,718.01 and the Cross Listed Index slipped 0.28 points to close at 100.54.
IC bid-offer Indicator| At the close of trading, the Investor’s Choice bid-offer indicator reading shows market sentiment with 3 stocks ending with higher bids than the last selling prices and 6 with lower offers.
Gains| Clico Investments closed with an increase of 3 cents at $20, with 2,992 stock units changing hands, One Caribbean Media rose 1 cent and concluded trading at $12.36, after exchanging 410 shares, Republic Financial Holdings finished 5 cents higher and concluded trading at a 562 weeks’ high of $102.88, after exchanging 145 shares and Trinidad & Tobago NGL gained 14 cents and settled at $29.74, after exchanging 3,921 shares.
Losses| First Caribbean International Bank lost 1 cent and completed trading at $8.49, with 114 units, JMMB Group ended trading 5 cents lower at $1.75, after exchanging 100,412 shares and Scotiabank concluded trading with a loss of 1 cent and ended at $65.01, with 3,522 units changing hands.
Firm Trades| First Citizens settled at $35.01, after exchanging 8,364 shares, National Flour completed trading at $1.79, with 137 units and Sagicor Financial ended at $7.50, with 27,732 stock units changing hands.

Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , ,

Trading picks up on TTSE – Thursday

August 2, 2018 by

Trading on Trinidad & Tobago Stock Exchange on Thursday climbed with 572,318 shares at a value $2,427,732 trading, compared to 82,986 units valued $1,124,484 changing hands, on Tuesday.
Market activity ended with 15 securities trading against 16 on Tuesday, with 5 advancing, 2 declining and 8 remaining unchanged. At the close the Composite Index gained 3.11 points on Thursday to 1,231.68, the All T&T Index rose 0.35 points to 1,710.64 and the Cross Listed Index added 0.81 points to close at 101.19.
IC bid-offer Indicator| At the close of trading, the Investor’s Choice bid-offer indicator reading shows market sentiment with 3 stocks ending with higher bids than the last selling prices and 4 with lower offers.
Gains| First Caribbean International Bank finished 25 cents higher and settled at $8.50, trading 3,000 units, First Citizens concluded trading of 2,332 shares and rose 1 cent to $35.01, One Caribbean Media added 25 cents and ended at $12.35, after exchanging 1,323 shares, Republic Financial Holdings rose 1 cent and ended at a 52 weeks’ high of $102.83, after exchanging 79 shares and Trinidad & Tobago NGL rose 1 cent and concluded trading at $29.75, after exchanging 4,672 shares.
Losses| JMMB Group lost 4 cents and ended at $1.80, after exchanging 1,890 shares and Sagicor Financial ended trading 9 cents lower at $7.60, with 25,100 stock units changing hands.
Firm Trades| Angostura Holdings completed trading 1,008 stock units at $15.75, Calypso Macro Index Fund traded 100 shares at $16, Clico Investments completed trading at $19.97, with 20,902 stock units changing hands, NCB Financial Group concluded at $5.65, after exchanging 3,560 shares, Point Lisas completed trading at $3.70, with 4,000 stock units changing hands, Scotiabank settled at $65.02, trading just 15 units, Trinidad Cement ended at $2.95, after exchanging 504,137 shares and Unilever Caribbean completed trading at $29.20, after 200 stock units changed hands.
Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , ,

TTSE in moderate trading Tuesday

July 31, 2018 by

Republic Bank traded at a 52 weeks’ high of $02.82.

Trading on Trinidad & Tobago Stock Exchange on Tuesday remained moderate with just 82,986 units valued $1,124,484 changing hands, compared to 272,153 units valued $1,852,312 on Monday.
Market activity ended with 16 securities trading against 15 on Monday, with 6 advancing, 4 declining and 6 remaining unchanged. At the close the Composite Index gained 6.77 points on Tuesday to 1,228.57, the All T&T Index lost 0.10 points to 1,710.29 and the Cross Listed Index rose 1.89 points to close at 100.38.
IC bid-offer Indicator| At the close of trading, the Investor’s Choice bid-offer indicator reading shows market sentiment with 4 stocks ending with higher bids than the last selling prices and 4 with lower offers.
Gains| First Caribbean International Bank rose 15 cents and completed trading at $8.25, with 7,000 units, Grace Kennedy closed with a gain of 10 cents and ended at $2.90, with 24,800 stock units changing hands, JMMB Group gained 9 cents and concluded trading at $1.84, after exchanging just 48 shares, NCB Financial Group rose 5 cents and settled at $5.65, after exchanging 10,200 shares, Republic Financial Holdings gained just 1 cent and ended at a 52 weeks’ high of $102.82, after exchanging 80 shares and Sagicor Financial ended trading after rising 19 cents and ended at $7.69, with 100 stock units changing hands.
Losses| Clico Investments fell 2 cents and ended at $19.97, with 415 stock units changing hands, Massy Holdings closed with a loss of 5 cents to end at a 52 weeks’ low of $46.90, after exchanging 2,208 shares, National Enterprises shed 1 cent and ended at $9.50, exchanging 500 stock units and Scotiabank lost 3 cents and completed trading at $65.02, trading 6,688 units.
Firm Trades| Agostini’s closed trading at $21.11, after exchanging 588 shares, Angostura Holdings ended at $15.75, with 10 stock units changing hands, Ansa Merchant settled at $40, after exchanging 956 shares, First Citizens settled at $35, after exchanging 2,000 shares, Trinidad & Tobago NGL settled at $29.74, exchanging 6,528 shares and Trinidad Cement concluded trading at $2.95, after exchanging 20,865 shares.
Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , ,

TTSE stock market up again – Monday

July 30, 2018 by

Trinidad & Tobago Stock Exchange Head Quarters

Trading on Trinidad & Tobago Stock Exchange on Monday resulted in all market indices rising following gains on Friday.
At the close the Composite Index gained 1.75 points on Monday to 1,221.80, the All T&T Index rose 1.09 points to 1,710.39 and the Cross Listed Index ended 0.33 points up, to close at 98.49.
Market activity ended with 15 securities trading against 15 on Friday, with 6 advancing, 3 declining and 7 remaining unchanged. Trading ended with 272,153 units valued $1,852,312, compared to 181,685 units valued $8,803,482 on Friday.
IC bid-offer Indicator| At the close of trading, the Investor’s Choice bid-offer indicator reading shows market sentiment with 6 stocks ending with higher bids than the last selling prices and 2 with lower offers.
Gains| Angostura Holdings rose 1 cent and ended at $15.75, with 200 stock units changing hands, Clico Investments added 5 cents and ended at $19.99, with 8,450 stock units changing hands, National Enterprises gained 1 cent and ended at $9.51, with 1,000 units changing hands, NCB Financial Group rose 10 cents to $5.60, after exchanging 35,000 shares,

Scotiabank closed with a gain of 3 cents at $65.05, with 4,222 units and Trinidad Cement gained 5 cents and concluded trading at $2.95, after exchanging 150,100 shares.
Losses| First Citizens closed with a loss of 1 cent at $35, after exchanging 3,382 shares, JMMB Group fell 9 cents and concluded trading at $1.75, after exchanging 53,740 shares and Unilever Caribbean shed 2 cents, ending at $29.20, with 500 stock units changing hands.
Firm Trades| Ansa Mcal completed trading 3,500 units at $55, Calypso Macro Index Fund traded 2,000 shares at $16, Guardian Holdings concluded trading at $16.60, with 439 units, Massy Holdings ended at $46.95, after exchanging 1,100 shares, Republic Financial Holdings exchanging 100 shares at $102.81, Sagicor Financial ended at $7.50, with 623 stock units changing hands and Trinidad & Tobago NGL settled at $29.74, after exchanging 7,797 shares.
Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , ,