Prices of only 4 stocks changed at the close of trading on the Trinidad & Tobago Stock Exchange on Monday, with trading in 16 securities against 18 on Friday. 2 stocks advanced, 2 declined and 12 remained unchanged on a day of modest trading.
IC bid-offer Indicator|At the end of trading, on Monday, the Investor’s Choice bid-offer indicator reading shows 2 stocks ended with bids higher than their last selling prices and 4 with lower offers, an indication of a greater level of stability in the market.
Trading ended with 74,204 shares with a value of $1,358,010, compared to 213,988 shares with a value of $4,302,172, changing hands.
At close the Composite Index gained 0.21 points on Monday to 1,269.64, the All T&T Index lost 0.09 points to 1,700.97 while Cross Listed Index added 0.07 points to close at 113.12.
Gains|Trinidad & Tobago NGL rose 2 cents and finished at $27.02, with 1,175 units and Unilever Caribbean closed with a gain of 1 cent at $29.01, trading 20,210 shares.
Losses| National Flour closed with a loss of 4 cents and completed trading at $1.90, with 250 shares and Republic Financial Holdings shed 1 cent and finish at $101.51, with 3,281 stock units changing hands.
Firm Trades| Clico Investments concluded trading at $20, with 3,843 units, First Caribbean International Bank ended at $9.30, trading 1,500 shares, First Citizens finished at $32.10, with 175 shares changing hands, Grace Kennedy closed at $3.40, with 18,000 units trading, JMMB Group finished at $1.80, with 4,922 stock units changing hands. Massy Holdings ended at $47, with 1,000 stock units trading, National Enterprises finished at $9.65, with 500 units, NCB Financial Group closed at $6.60, trading 5,000 shares, Point Lisas ended at $3.81, with 3,386 units. Prestige Holdings finished at $10, trading 4,645 shares, Sagicor Financial concluded trading at $7.82, with 5,453 units and Scotiabank completed trading at $61.71, with 864 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Trinidad stock market remains steady – Monday
Trinidad stock market steady – Friday
Prices were mostly steady at the close of trading on the Trinidad & Tobago Stock Exchange with on Friday with trading in 18 securities against 16 on Thursday, with 1 stock advancing, 2 declining and 15 remaining unchanged resulting in modest change in the market indices.
IC bid-offer Indicator|At the end of trading, on Thursday, the Investor’s Choice bid-offer indicator reading shows 2 stocks ended with bids higher than their last selling prices and 4 with lower offers, an indication of a greater level of stability in the market.
Trading ended with 213,988 shares with a value of $4,302,172, compared to 156,311 shares with a value of $5,255,361, changing hands.
At close the Composite Index shed 0.75 points on Friday to 1,269.43, the All T&T Index fell 0.92 points to 1,701.06 while Cross Listed Index declined 0.08 points to close at 113.05.
Gains|Unilever Caribbean increased 1 cent to finished at $29, trading 17,247 shares.
Losses| Massy Holdings traded with a loss of 30 cents at a 52 weeks’ low of $47, with 39,420 stock units changing hands and Sagicor Financial closed with a loss of 1 cent to end at $7.82, with 21,500 units.
Firm Traded| Ansa Mcal finished at $60, with 300 units, Ansa Merchant completed at $40, trading 1,000 shares, Clico Investments end with $20, with 24,410 units, First Citizens completed at $32.10, trading 1,722 shares, Grace Kennedy concluded trading at $3.40, with 35,000 units. LJ Williams B share closed at 75 cents, trading 3,300 units, National Enterprises completed trading at $9.65, with 9,937 stock units, NCB Financial Group concluded trading at $6.60, trading 20,022 shares, One Caribbean Media end with $12.50, with 6,100 stock units changing hands. Prestige Holdings completed at $10, trading 8,401 shares, Republic Financial Holdings concluded trading at $101.52, with 3,189 stock units changing hands, Scotiabank finish at $61.71, with 163 stock units changing hands, Trinidad & Tobago NGL concluded trading at $27, with 7,290 units, Trinidad Cement end at $3.50, trading 13,964 shares and West Indian Tobacco ended at $88.50, with 1,023 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Trinidad stock market firming up
Prices are firming up on the Trinidad & Tobago Stock Exchange with the IC bid-offer Indicator showing stocks being sold currently below the last traded prices have declined sharply from where there were late last year and in January of around 8 offers.
IC bid-offer Indicator|At the end of trading, on Thursday, the Investor’s Choice bid-offer indicator reading shows 2 stocks ended with bids higher than their last selling prices and 3 with lower offers, an indication of a greater level of stability in the market.
Market activity on the Trinidad & Tobago Stock Exchange ended on Thursday with trading in 16 securities against 18 on Wednesday, with 3 stocks advancing, 3 declining and 10 remaining unchanged.
Trading ended with 156,311 shares with a value of $5,255,361, compared to 107,817 shares with a value of $2,343,695, changing hands.
At close the Composite Index gained 01.55 points on Thursday to 1,270.18, the All T&T Index shed 0.11 points to 1,701.98 while Cross Listed Index rose 0.44 points to close at 113.13.
Gains| Republic Financial Holdings increased 2 cents and concluded trading at $101.52, with 34,343 stock units changing hands, Scotiabank rose 8 cents and finished at $61.71, with 2,668 stock units and Unilever Caribbean closed with a gain of 9 cents and finished at $28.99, trading 50 shares changing hands.
Losses| LJ Williams B share fell 1 cent and ended at 75 cent, trading 31,600 units, Massy Holdings shed 19 cents and finished at $47.30, with 4,712 stock units changing hands and Sagicor Financial lost 5 cents and ended at $7.83, with 1,000 units trading.
Firm Traded| Ansa Mcal finished at $60, with 9,873 units, Clico Investments end with $20, with 18,550 units, First Citizens completed at $32.10, trading 347 shares, Grace Kennedy concluded trading at $3.40, with 17,035 units, JMMB Group completed at $1.80, with 6,138 stock units changing hands.. NCB Financial Group concluded trading at $6.60, trading 21,495 shares, One Caribbean Media end with $12.50, with 300 stock units changing hands., Prestige Holdings completed at $10, trading 200 shares, Trinidad & Tobago NGL concluded trading at $27, with 5,500 units and Trinidad Cement ended at $3.50, trading 2,500 shares.
Prices of securities trading for the day are those at which the last trade took place.
Falling stocks pressure Trinidad market – Friday
Market activity on the Trinidad & Tobago Stock Exchange ended on Friday with trading in 19 securities, compared to 15 on Thursday.
The market ended with, with 2 stocks advancing, 5 declining and 12 remaining unchanged leading to declines in all three market indices.
At close the Composite Index slipped 2.04 points on Thursday to 1,268.49, the All T&T Index fell 2.61 points to 1,701.84 while Cross Listed Index eased 0.20 points to close at 112.69.
Market activity ended with 535,011 shares with a value of $7,931,043, traded, compared to 898,047 shares with a value of $7,532,438 on Thursday.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ended with bids higher than their last selling prices and 4 with lower offers.
Gains| JMMB Group closed with a rise of 2 cents and finished at $1.85, with 625 stock units changing hands and Sagicor Financial ended trading with 6 cents gain and concluded trading at $7.89, with 10,525 units.
Losses| Grace Kennedy lost 10 cents and finished at $3.40, with 10,191 units, One Caribbean Media ended trading 25 cents lower at a 52 weeks’ low of $12.50, with 20,000 stock units changing hands, Scotiabank lost 49 cents and completed trading at $61.51, with 5,820 stock units changing hands. Trinidad Cement traded with a loss of 25 cents and ended at a 52 weeks’ low of $3.50, exchanging 63,317 shares and Unilever Caribbean closed with a loss of 1 cent and ended at $28.99, trading 11,804 shares.
Firm Traded| Angostura Holdings concluded trading at $15.67, with 925 stock units changing hands., Ansa Mcal ended at $60, with 324 units trading, Bourse Brazil finished at $8.40, with 3,000 stock units changing hands, Clico Investments concluded trading at $20, with 2,800 units, First Caribbean ended at $9.30, trading 116,010 shares. LJ Williams B share closed trading at 77 cents, in exchanging 15,254 shares, Massy Holdings ended trading at $47.49, with 2,343 stock units changing hands. NCB Financial Group finished at $6.50, trading 229,784 shares, Prestige Holdings closed at $10, trading 70 shares, Republic Financial Holdings finished at $101.50, with 330 stock units changing hands, Trinidad & Tobago NGL finished trading at $27, with 889 units and West Indian Tobacco closed at $88.50, with 41,000 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Gains & losses even for Trinidad stocks – Thursday
Market activity on the Trinidad & Tobago Stock Exchange ended on Thursday with trading in 15 securities, the same as on Wednesday.
The market ended with, with 4 stocks advancing, 4 declining and 7 remaining unchanged leading to mixed movements in the market indices.
At close the Composite Index slipped 0.16 points on Wednesday to 1,270.53, the All T&T Index rose 0.07 points to 1,704.45 while the Cross Listed Index eased 0.05 points, to close at 112.89.
Market activity ended with 898,047 shares with a value of $7,532,438 traded, compared to 104,073 shares with a value of $1,505,785 on Wednesday.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 2 stocks ended with bids higher than their last selling prices and 6 with lower offers.
Gains|LJ Williams B share closed with a gain of 7 cents at $0.77, trading 50,000 units, Sagicor Financial gained 1 cent and finished at $7.83, with 4,625 units, Scotiabank finished trading with a rise of 49 cents to $62, with 5,248 stock units changing hands and Trinidad & Tobago NGL closed with an increase of 22 cents and ended at $27, with 46,423 units trading.
Losses| Clico Investments fell 50 cents and finished at $20, with 129,400 units being exchanged, JMMB Group closed with a loss of 2 cents and finished at $1.83, with 11,402 stock units changing hands, National Flour shed 1 cent and concluded trading at $1.94, trading 50,000 shares and One Caribbean Media lost 30 cents and finished at a 52 weeks’ low of $12.75, with 165 stock units changing hands.
Firm Traded| Ansa Mcal completed trading at $60, with 616 units, Grace Kennedy ended with $3.50, in exchanging 311,789 units, Massy Holdings completed at $47.49, with 4,527 stock units changing hands. NCB Financial Group ended at $6.50, trading 238,662 shares, Republic Financial Holdings closed at $101.50, with 1,025 stock units changing hands, while Trinidad Cement finished at $3.75, trading 44,000 shares and Unilever Caribbean completed trading unchanged at $29, with 165 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Trinidad stocks fell again on Tuesday
The number of securities trading on Tuesday jumped to 19 against 11 on Monday in market activity on the Trinidad & Tobago Stock Exchange.
The market ended with, with 3 stocks advancing, 5 declining and 11 remaining unchanged leading to slippage in the market indices. The market slippage belies an underlying tone of strength for a number of securities that seem poised to rise, in the trading days ahead.
At close the Composite Index slipped 2.92 points on Tuesday to 1,271.63, the All T&T Index declined 0.79 points to 1,706.25, while Cross Listed Index eased just 0.69 points to end at 112.94.
Market activity ended with 283,492 shares with a value of $2,826,809 traded, compared to 137,895 shares with a value of $2,265,920 on Monday.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 5 with lower offers.
Gains| First Citizens rose 5 cents and completed trading at $32.06, with a mere 80 shares changed hands, Trinidad & Tobago NGL closed with a gain of 16 cents and concluded trading at $26.76, with 3,841 units and West Indian Tobacco gained 1 cent and closed at $88.50, with 2,287 stock units changing hands.
Losses| Angostura Holdings traded with a loss of 3 cents and ended at $15.67, with 17,096 stock units changing hands, Guardian Holdings fell 25 cents and ended at $17 trading 17,500 shares, NCB Financial Group closed with a loss of 10 cents to conclude trading at $6.50, in exchanging 55,295 shares, Prestige Holdings shed 30 cents and completed trading 2,140 shares at a 52 weeks’ low of $10.00, and Trinidad Cement lost 1 cent and ended at $3.74, trading 13,129 shares.
Firm Traded| Clico Investments finished at $20.50, with 4,417 units, First Caribbean International Bank finished at $9.30, trading 85,032 shares, Grace Kennedy concluded trading at $3.50, with 61,815 units, JMMB Group completed at $1.85, with 1,000 stock units changing hands., LJ Williams B share ended with at 70 cents, trading 5,000 shares. Massy Holdings finished at $47.50, with 5,151 stock units changing hands. National Enterprises completed trading at $9.67, with 120 units, National Flour finished at $1.95, trading 1,450 shares, Republic Financial Holdings concluded trading at $101.50, with 588 stock units changing hands, Sagicor Financial ended at $7.82, with 5,029 units and Unilever Caribbean finished at $28.99, trading 2,522 shares.
Prices of securities trading for the day are those at which the last trade took place.
2 Trinidad stocks rise 6 fall on Thursday
Market activity on the Trinidad & Tobago Stock Exchange ended on Thursday, with trading in 15 securities, against 16 on Wednesday, with 2 stocks advancing, 6 declining and 7 remaining unchanged.
At close the Composite Index rose 1.68 points to 1,274.21, the All T&T Indexgained 3.03 points to 1,706.80, while Cross Listed Index closed added just 0.04 points to end at 113.57.
Market activity ended with 128,336 shares with a value of $4,248,142 traded, compared to 334,468 shares with a value of $9,456,041 on Wednesday.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ended with bids higher than their last selling prices and 8 with lower offers.
Gains| Ansa Mcal closed at $61, with 200 units and Unilever Caribbean ended trading with an increase of 1 cent to close at $29, trading 320 shares.
Losses| First Citizens closed with a loss of 1 cent at $32, trading 53,628 shares, National Flour share fell 4 cents, in finishing at $1.95, with 5,000 shares trading,
Sagicor Financial closed with a fall of 1 cent to $7.89, with 2,565 units changing hands. Scotiabank finished 69 cents lower to close trading at $61.31, with 1,005 stock units changing hands, Trinidad & Tobago NGL shed 3 cents and ended at $26.51, with 10,323 units and West Indian Tobacco finished trading with a loss of 1 cent and ended at $88.50, with 2,650 stock units changing hands.
Firm Traded| Agostini’s closed trading with 196 shares at $20.76, Clico Investments ended at $20.50, with 3,643 units, JMMB Group finished at $1.85, with 6,000 stock units changing hands., Massy Holdings concluded trading at $47.49, with 2,532 units changing hands. National Enterprises ended at $9.67, with 2,000 units, NCB Financial Group closed at $6.60, in trading 23,223 shares and Republic Financial Holdings finished at $101.50, with 15,051 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Trinidad stocks decline again
Market activity on the Trinidad & Tobago Stock Exchange ended on Wednesday with trading in 16 securities against 14 on Tuesday, with 4 stocks advancing, 4 declining and 8 remaining unchanged.
At close, the Composite Index lost 0.50 points to 1,272.53, the All T&T Index fell 0.99 points to 1,703.77, while Cross Listed Index closed unchanged at 113.53.
Market activity ended with 334,468 shares with a value of $9,456,041 traded, compared to 194,026 shares with a value of $3,847,017 on Tuesday.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ended with bids higher than their last selling prices and 6 with lower offers.
Gains| Agostini’s gained 1 cent to close at a 52 weeks’ high of $20.76, with 200 shares trading, Angostura Holdings gained 70.00 cents and ended at $15.70, with 80 stock units changing hands, Bourse Brazil finished trading with a gain of 30 cents at a 52 weeks’ high of $8.40, with 500 stock units changing hands and Guardian Holdings closed with an increase of 25 cents, to finish at $17.25, trading 93,718 shares.
Losses| Clico Investments fell by 40 cents and close at $20.50, with 7,654 units, Massy Holdings shares fell 1 cent and finished at $47.49, with 102 stock units changing hands, Prestige Holdings fell 20 cents and finished at $10.30, trading 450 shares and Trinidad & Tobago NGL fell $1.01 and close at $26.54, with 96,007 units.
Firm Traded| Ansa Merchant Bank closed at $40, trading 2,434 shares trading, First Citizens finished at $32.01, trading 150 shares trading, National Enterprises close at $9.67, with 6,168 units, NCB Financial Group finished at $6.60, trading 30,700 shares trading, Republic Financial Holdings ended at $101.50, with 41,534 stock units changing hands. Sagicor Financial finished at $7.90, with 5,145 units, Trinidad Cement ended at $3.75, trading 46,495 shares trading and West Indian Tobacco concluded trading at $88.51, with 3,131 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.
TTSE stocks reverse most of Monday’s gains
The Trinidad & Tobago Stock Exchange continues to show some signs that prices of most stocks will likely move higher. On Monday, 14 securities changed hands against 15 on Monday, with the prices of just 2 advancing, 4 declining and 8 remaining unchanged.
At close the Composite Index lost 3.05 points on Tuesday to 1,273.03, the All T&T Index fell 5.48 points to 1,704.76, while Cross Listed Index inched 0.08 points lower to close at 113.53.
Market activity ended with 194,026 shares with a value of $4,409,625 traded, compared to 283,597 shares with a value of $4,409,625 on Monday.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 5 with lower offers.
Gains| Trinidad & Tobago NGL closed with an increase of 5 cents and ended at $27.55, with 4,176 units and West Indian Tobacco rose 1 cent to end at $88.51, with 1,437 stock units changing hands.
Losses| Clico Investments shed 5 cents and ended at $20.90, trading 2,553 units, First Citizens had 10,200 shares changing hands, with a loss of 5 cents to close at $32.01, Scotiabank declined by 1 cent to close at $62.00, with 11,600 stock units changing hands, after trading as low as $61.20 and 
Unilever Caribbean shares fell 1 cent, in concluding trading at $28.99, with an exchange of 79 shares.
Firm Trades| Ansa Mcal ended trading at $60, with 6,458 units changing hands, First Caribbean International Bank finished at $9.30, trading 47,200 shares, Grace Kennedy finished at $3.47, with 12,000 units, JMMB Group finished at $1.85, with 28,930 stock units changing hands. Massy Holdings closed at $47.50, with 25,476 stock units changing hands, NCB Financial Group concluded trading at $6.60, with 27,021 shares, Republic Financial Holdings finished at $101.50, with 735 stock units changing hands and Sagicor Financial concluded trading at $7.90, with 16,161 units.
Prices of securities trading for the day are those at which the last trade took place.
Republic Financial reports more profit
Republic Bank pretax profit rise 8% in Q1.
Revenues net of interest cost rose 13 percent to $560 million from $496 million in 2016 and profit before tax rose 8 percent to $508 million, but increase taxation in the quarter reduced the net results.
According to the directors, the improved results came from better performance in the overseas territories while results in Trinidad and Tobago declined due to a $34 million increase in loan loss provision.
Segment results were mixed with Trinidad and Tobago contributing flat results of $1.08 billion. Barbados rose from $55 million to $102 million. Guyana fell from $39 million to $34 million. Cayman, Suriname and the Eastern Caribbean continues contributed $55 million versus $40 million in 2016 and Ghana jumped from just $724,000 to $31 million.
The performance also benefitted by a reduction in operating expenses that fell from $698 million to $667 million.
Loans net of loan loss provisions, grew 6 percent to $37 billion from $34.8 billion in 2016 and from $35.5 billion at the end of September 2017. Republic closed on the Trinidad Stock Exchange at $101.50 on Thursday with a PE ratio of 12.
All figures are in TT$
