Trading on the Trinidad and Tobago Stock Exchange resumed on Tuesday after the Monday holiday break and resulted in slightly more stocks declining than advancing. The market closed with 10 active securities changing hands, with 4 stocks rising, 5 declining while 1 remained unchanged, as 366,280 shares valued at $3,266,700 changed hands. The market ended with 1 stock closing at 52 weeks’ high.
The Composite Index lost 0.05 points to close at 1,109.62, the All T&T Index fell 1.37 points to close at 1,761.23 and the Cross Listed Index gained 0.17 points to 60.90.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 6 stocks with bids higher than their last selling prices and 6 with offers that were lower.
Gains| Clico Investment Fund rose 4 cents in trading 7,965 shares, to close at $22.65, Firstcaribbean International Bank gained 1 cent in trading 715 shares at 52 weeks’ high of $6.57. Massy Holdings gained 1 cent in trading 41,299 shares valued at $1,988,876, to close at $48.16 and National Commercial Bank rose by 2 cents in trading 300,030 shares for a value of $726,072 and closed at $2.42.
Losses| Guardian Holdings ended with a loss of 14 cents while trading 5,200 shares at $12.85, National Enterprises fell 5 cents to close at $11.15 while trading 845 units, Republic Financial Holdings declined by 1 cent to close at $107.89 with 1,606 shares changing hands. Sagicor Financial Corporation closed with 50 shares changing hands with a fall of 1 cent at $7.14 and Trinidad and Tobago NGL fell 6 cents in trading 4,975 units to close at $20.94.
Firm Trades| Trinidad Cement traded 3,595 units at $3.50.
More TTSE’s stocks fall – Tuesday
1 gained 4 fell on TTSE – Monday
First Citizens. the sole rising stock on TTSE on Monday
The Composite Index gained 0.28 points to close at 1,107.90, the All T&T Index advanced by 0.54 points to close at 1,759.01 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 6 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| First Citizens Bank rose 50 cents to close at $30 as 39,065 units valued at $1,161,312 changed hands.
Losses| Ansa McAL lost 1 cent in trading 250 units at a 52 weeks’ low of $62.48, Clico Investment Fund traded 3,000 shares to close 1 cent down at $22.60. Massy Holdings lost 1 cent in trading 13,000 shares valued
at $623,740, at a 52 weeks’ low of $47.98 and Scotiabank traded 2,000 shares and lost 5 cents in closing at a 52 weeks’ low of $53.86.Firm Trades| Firstcaribbean International Bank traded 4,535 shares to end at $6.56, Grace Kennedy closed with 60,431 shares for a value of $317,263 changing hands at $5.25, National Enterprises closed with 28,364 shares valued at $317,652 changing hands at $11.22. National Flour ended with 486 shares changing hands to close at $2.20, Republic Financial Holdings traded 27,964 units valued at $3,017,093 to close at $107.90 and Sagicor Financial closed with 100 units changing hands at $7.17.
Gains for TTSE stocks – Friday
Angostura is one of 2 stocks to gain at the close of trading on Friday
Two stocks closing at 52 weeks’ lows as a number of them try o find a bottom.
The Composite Index gained 1.30 points to close at 1,107.62, the All T&T Index advanced by 0.07 points to close at 1,758.47 and the Cross Listed Index advanced by 0.34 points at 60.73.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 6 stocks with bids higher than their last selling prices and 7 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| Angostura Holdings rose 40 cents in trading 11,779 units at $12.90 and National Commercial Bank traded 56,305 shares and gained 5 cents to end at $2.40.
Losses|$47.99 and Republic Financial Holdings lost 9 cents in trading 4,600 units valued at $496,340 to close at a 52 weeks’ low of $107.90.Firm Trades| Clico Investment Fund traded 2,162 shares to close at $22.61, Firstcaribbean International Bank traded 245,765 shares with a value of $1,612,218 to end at $6.56, First Citizens Bank closed at $29.50 as 21,928 units valued at $646,874 changed hands, One Caribbean Media traded 34,852 shares valued at $741,999 and closed at $21.29. Praetorian Property Mutual Fund contributed 22,052 shares to end at $2.70 and Sagicor Financial closed with 100 units changing hands at $7.17.
5 new 52 weeks’ lows for TTSE – Thursday
Grace Kennedy shares rose on the TTSE on Thursday.
The Composite Index declined by 1.95 points to close at 1,106.32, the All T&T Index declined by 4.54 points to close at 1,758.40 and the Cross Listed Index advanced by 0.09 points at 60.39.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 4 stocks with bids higher than their last selling prices and 5 with offers that were lower.
Gains| Firstcaribbean International Bank traded 125,000 shares with a value of $820,000 and gained 5 cents to end at $6.56, followed by Grace Kennedy with 31,603 units at $5.25, after rising 5 cents and Trinidad and Tobago NGL rose by 10 cents and traded 4,185 units to close at $20.10.
Losses| Angostura Holdings dropped 49 cents in trading 1,600 units at a 52 weeks’ low of $12.50, First Citizens Bank declined by 37 cents to a 52 weeks’ low of $29.50 as 445 units changed hands, Guardian Holdings lost 1 cent and closed with 937 shares changing hands at $13. JMMB Group fell 5 cents and closed at 60 cents, with 271,023 shares changing hands, Massy Holdings lost 92 cents in trading 520 shares at a 52 weeks’ low of $48, Prestige Holdings had 1,363 shares trading and fell 8 cents to $11.30.
Scotiabank closed with 55 shares changing hands with a loss of 4 cents, to end at a 52 weeks’ low of $53.91 and Unilever Caribbean lost 1 cent in trading 88 shares, to close to at a 52 week’ low of $64.94.Firm Trades| Clico Investment Fund traded 88 shares valued at shares to close at $22.61, Guardian Media traded 1,475 shares with the price remaining at $19.75, One Caribbean Media traded 200,000 shares valued $4,258,000 and closed at $21.29. Praetorian Property Mutual Fund contributed 26,948 shares to end at $2.70, Sagicor Financial closed with 3,888 units changing hands at $7.17 and Trinidad Cement contributed 2,603 shares to close at $3.50.
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.
Only 2 stocks fell on TTSE – Friday
T&TNGL climbed 90 cents on TTSE on Friday.
Trading ended with 107,743 shares valued at $1,907,529 changing hands.
The Composite Index advanced by 0.31 points to close at 1,120.12, the All T&T Index rose 1.12 points to close at 1,787.24 and the Cross Listed Index fell by 0.07 points to 60.19.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 stocks with the bid higher than the last selling prices and 9 with offers that were lower.
Gains| Clico Investment Fund gained 5 cents and traded 31,648 units valued at $715,258 to close at $22.60 and Trinidad and Tobago NGL jumped 90 cents in closing at $20.50 with 30,655 shares valued at $616,243 trading.
Losses| Massy Holdings closed at 52 weeks’ low of $49.97 after losing 1 cent, to close with 2,760 shares changing hands and Sagicor Financial Corporation closed with 11,280 shares changing hands, to end with a fall of 1 cent at $7.05.Firm Trades| Ansa Merchant Bank traded 4,000 units at $39.50, Grace Kennedy traded 4,600 shares at $5.15, Guardian Holdings closed at $13 with 9,500 shares trading. JMMB Group closed at 58 cents with just 270 shares changing hands, Point Lisas Industrial Port Development traded 10,000 at $3.94, Trinidad Cement ended with 3,000 units trading at $3.35 and West Indian Tobacco traded 30 shares to close at $126.36.
4 new lows for TTSE – Thursday
NCB is the sole rising stock on the TTSE on Thursday.
Trading ended with 1,649,710 shares valued at $3,258,584 changing hands.
The Composite Index advanced by 0.81 points to close at 1,119.81, the All T&T Index fell 0.89 points to close at 1,786.12 and the Cross Listed Index rose by 0.35 points to 60.26.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 stocks with the bid higher than the last selling prices and 5 with offers that were lower.
Gains| National Commercial Bank rose 5 cents to close with 136,865 shares for a value of $328,376, trading at $2.40.
Losses| First Citizens Bank traded 1,565 shares but fell 7 cents to end at a new 52 weeks’ low of $33.03, Massy Holdings closed at 52 weeks’ low of $49.98 after losing 1 cent, to close with 15,150 shares changing hands. National Flour lost 10 cents to end at $2.20 as 451,652 shares valued at $993,596 changed hands, Republic Financial fell 1 cent to a 52 weeks’ low of $108.79 with a mere 14 units changing hands.
Scotiabank had 40 shares trading at $54.96 after falling 1 cent for a 52 weeks’ low and Trinidad and Tobago NGL fell 1 cent in closing at $19.60 with 7,686 shares trading.Firm Trades| Clico Investment Fund traded 12,587 units at $22.55, Guardian Holdings closed at $13 with 2,000 shares trading, Guardian Media closed at $19.75 with 500 shares traded. JMMB Group closed at 58 cents with 1,000,000 shares changing hands for a value of $580,000, Point Lisas Industrial Port Development traded 1,651 at $3.94 and Trinidad Cement ended with 20,000 units trading at $3.35.
All TTSE index down 8% in 2016 – Wednesday
Trading ended for the second consecutive days with 4 stocks closing at 52 weeks’ lows as demand for stocks remain low on the Trinidad & Tobago Stock Exchange as sellers offload stocks at lower prices, helping to push the all Trinidad index down nearly 10 percent for the year to date.
The market closed with 15 active securities changing hands on Wednesday with only 2 stocks gaining, 7 declining while 6 remained unchanged as selling pressure continues in the market. Trading ended with 570,894 shares valued at $6,951,799 changing hands. The Composite Index declined by 0.31 points to close at 1,119.00, the All T&T Index eased 0.57 points to close at 1,787.01 and the Cross Listed Index declined by 0.01 points to 59.91. Interestingly, the index for cross listed stocks is up 21 percent for the year to date and helped to negate the fall in the Composite Index to just 4 percent, the All T&T Index has lost 8 percent and seems destined to decline some more with weak demand for Trinidad stocks.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 6 stocks with the bid higher than the last selling prices and 7 with offers that were lower.
Gains| Trinidad and Tobago NGL gained 7 cents, to close at $19.62 with 4,461 shares trading and Guardian Holdings traded 470,714 shares valued at $6,119,282 to close at $13 after rising by 1 cent.
Losses| Clico Investment Fund traded 2,250 units at $22.55 after shedding 5 cents, First Citizens Bank traded 325 shares but fell 8 cents to end at a new 52 weeks’ low of $33.10, Massy Holdings lost 1 cent to close at 52 weeks’ low of $49.99 with 119 shares. Republic Financial fell to a 52 weeks’ low of $108.80 with a loss of 15 cents as 2,909 units changed hands, Sagicor Financial Corporation traded 69 units but fell 2 cents to $7.13.
Scotiabank had 2,525 shares trading at $54.97 after falling 3 cents for a 52 weeks’ low and Scotia Investments traded 57,768 shares and fell 2 cents to close at $1.62.
Firm Trades| Guardian Media closed at $19.75 with 495 shares traded, JMMB Group closed at 58 cents with 2,000 shares changing hands. National Commercial Bank closed with 20,000 shares trading at $2.35, One Caribbean Media traded just 70 shares and ended at $21.48, Point Lisas Industrial Port Development traded 9,000 at $3.94 and West Indian Tobacco traded 650 shares to close at $126.36.
4 new lows on TTSE – Tuesday
Trading ended with 4 stocks closing at 52 weeks’ lows and 1 at a 52 weeks’ high as demand for stocks remain low on the Trinidad & Tobago Stock Exchange. The market close with 15 active securities changing hands on Tuesday with only 2 stocks gaining, 7 declining while 6 remained unchanged as trading as selling pressure continues in the market.
Trading ended with 459,414 shares valued at $5,306,087 changing hands. The Composite Index declined by 5.36 points to close at 1,119.31, the All T&T Index eased 10.31 points to close at 1,787.58 and the Cross Listed Index declined by 0.05 points to 59.92.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 stocks with the bid higher than the last selling prices and 8 with offers that were lower.
Gains| Trinidad and Tobago NGL gained 7 cents, to close at $19.62 with 4,461 shares trading and West Indian Tobacco traded 20,130 shares valued at $2,543,626 to close at 52 weeks’ high of $126.36 after rising 1 cent.
Losses| ANSA McAL lost 49 cents in trading 50 to close at 52 weeks’ low of $62.49, Firstcaribbean International Bank fell 1 cent to close at $6.51 with 965 shares, Massy Holdings lost $1.01 to close at 52 weeks’ low of $49.99 with 22,080 shares valued at $1,103,975 changing hands. National Enterprises contributed 26,828 shares with a value of $301,542 but lost 15 cents in closing at $11.20. One Caribbean Media lost 2 cents to close at $21.48 while trading 100 shares, 
Republic Financial fell to a 52 weeks’ low of $108.95 with a loss of 4 cents as 800 units changed hands and Scotiabank had 2,000 shares trading at $55 after falling $1.43 for a 52 weeks’ low.
Firm Trades| Clico Investment Fund traded 4,800 units at $22.60, Grace Kennedy closed at $5.15 with 160,000 shares traded, for a valued of $824,000, JMMB Group closed at 58 cents with 216,000 shares changing hands. National Flour Mills traded 100 shares at $2.30, Praetorian Property Mutual Fund traded 1,000 at $2.70 and Trinidad Cement traded 100 shares to end at $3.35.
6 TTSE stocks trade – Monday
Trading ended with just 6 active securities changing hands on Trinidad & Tobago Stock Exchange on Monday with 1 stock gaining, 4 declining while 1 remained unchanged as trading as selling pressure continues in the market. Trading ended with 57,196 shares valued at $589,600 changing hands..
The Composite Index declined by 0.56 points to close at 1,124.67, the All T&T Index eased 1.11 points to close at 1,797.89 and the Cross Listed Index remained at 59.97.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 stocks with the bid higher than the last selling prices and 12 with offers that were lower.
Gains| Trinidad and Tobago NGL gained 1 cent, to close at $19.53 with 4,452 shares trading.
Losses| Clico Investment Fund traded 10,500 units at $22.50 after shedding 10 cents, Guardian Holdings had 1,144 shares changing hands, to end 1 cent lower at $12.99, Massy Holdings lost 50 cents to close at 52 weeks’ low of $51 with 2,480 shares changing hands and Trinidad Cement traded 36,683 shares to end with a loss of 1 cent, at $3.35.
Firm Trades| JMMB Group closed at 58 cents with 1,937 shares changing hands.
