Trading fairly steady on TTSE – Monday

November 13, 2017 by

JMMB Group trades at a 52 weeks’ high on TTSE.

Trading on the Trinidad & Tobago Stock Exchange on Monday closed with 13 securities changing hands, the same number as on Friday, as JMMB Group stock price closed at a 52 weeks’ high and National Flour Mills closed at a 52 weeks’ low.
Market activity resulted in 3 stocks advancing, 3 declining and 7 holding firm as 282,381 shares traded at a value of $2,414,741 compared to Friday’s trades of 360,606 valued at $6,717,397.
The Composite Index lost 0.21 points to 1,289.05, the All T&T Index declined by 1.07 points to 1,752.48 but the Cross Listed Index rose 0.09 points to 111.32.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 4 with lower offers.
Gains| At the close of trading on Monday strong>First Citizens gained 11 cents with the last traded price ending at $31.91 as 12,038 shares valued at $382,819 changed hands, JMMB Group closed 13 cents higher at a 52 weeks’ high of $2.20 with 58,315 shares trading and Trinidad & Tobago NGL rose 5 cents and closed at $23.55 exchanging 3,100 shares.
Losses| The securities declining at the last price for the day are Clico Investment trading 16,457 shares valued at $345,708 and lost 4 cents in closing at $21, National Flour Mills fell 4 cents and closed at a 52 weeks’ low of $1.95 trading 53,012 shares and Republic Financial Holdings settled at $101.76, losing 13 cents with 3,465 shares valued at $345,708 trading.
Firm Trades| Securities traded unchanged at the close of the market are,Angostura Holdings exchanging 2,180 shares at $15.05, Grace Kennedy closing at $2.95 with 70,213 shares traded, National Enterprises closed at $9.75 with 500 units. One Caribbean Media closed at $14 with 47,046 shares valued at $658,644 changing hands, Prestige Holdings closed at $10.75 in exchanging 1,045 units, Sagicor Financial traded 15,000 shares at $8 and Scotiabank remained at $58.50 with 10 units being traded.

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NCB at record high in Trinidad

November 10, 2017 by

NCB trades at record TT$6.50 or J$123.50 on the TTSE on Friday.

Trading on the Trinidad & Tobago Stock Exchange on Friday resulted in 13 securities changing hands compared to 18 on Thursday with NCB Financial Group climbing to a 52 weeks’ high of $6.50 while Ansa McAL led trading with 65 percent of the value of securities traded.
The market closed with 3 stocks advancing, 2 declining and 8 unchanged as 360,606 units traded at a value of $6,717,397 compared to Thursday’s trades of 458,073 units valued at $5,509,500.
The Composite Index dropped 0.68 points to 1,289.26, the All T&T Index declined by 2.85 points to 1,753.55 and the Cross Listed Index continued its rise, adding 0.21 points to close at 111.23.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 4 with lower offers.
Gains| At the close of the market NCB Financial Group rose 5 cents, to a 52 weeks’ high of $6.50 trading 80,545 shares valued at $523,543, Republic Financial Holdings traded 13 cents higher, closing at $101.89 with 3,460 shares valued at $352,307 and Trinidad & Tobago NGL gained 1 cent to close at $23.50 exchanging 6,099 shares.
Losses| Clico Investment lost 16 cents, and closed at $21.04 while exchanging 22,594 shares valued at $475,282 and National Enterprises closed 25 cents lower to a 52 weeks’ low of $9.75 with 2,337 shares.
Firm Trades| In trading on Friday Ansa McAL closed at $63.03 trading 69,500 shares valued at $4,379,985, Grace Kennedy settled at $2.95 with 58,902 shares trading, Guardian Holdings closed at $15 with 17,000 shares, JMMB Group held firm at $2.07 with 44,840 shares. Massy Holdings remained at $49.50 exchanging 2,303 shares, National Flour Mills closed at $1.99 with trades of 40,000 shares, Sagicor Financial exchanged 13,000 shares at $8 and Unilever Caribbean ended at $38.75 with just 26 units.

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TTSE indices’ gains mask deeper problems

November 9, 2017 by

Market activity on the Trinidad & Tobago Stock Exchange, resulted in 6 stocks advancing, 3 declining and 9 unchanged, but this positive move belies a deeper problem awaiting a market, that continues to struggle within a sick economy.
The Composite Index gained 1.30 points to 1,289.94, the All T&T Index rose 1.52 points to 1,756.40 and the Cross Listed Index added 1.52 points to close at 111.02.
IC bid-offer Indicator| The Investor’s Choice bid-offer while indicating weaknesses in the market with 3 stocks with bids higher than last selling prices and 5 with lower offers does not tell the full story of the weakness in the market. The deeper problem is the large variance between some of the stocks offered for sale compared to the last price the stock traded at. West Indian Tobacco is set to make a big negative dent in the market index when next it traded as it is offered at $5 lower than the last price it traded at, with 1,796 shares offered at $116. The closest bid to buy is at $106.25 for only 16 shares. National Enterprises offer is 20 cents lower than the last trade. Calypso Macro Fund is offer for 90 cents less than the last trade, at $21.04 and Mora Ven Holdings

This graph tell the story that Unilever shares are set for a steep fall going forward.

is offered at $1.49 below the last trade at $14.49. Unilever Caribbean is also very weak with 40,863 shares offered for sale at $38.75 but buyers are down at $35 for just 310 units. Unilever reported profit of $3 million for the June quarter or 11 cents per share and $6.8 million for the half year suggesting profit around 60 cents for the full year and is now priced at a PE ratio of 64 times earnings, the clearest indication of a huge fall in the price to come.
At the close of trading the number of securities trading climbed to 18 on Thursday compared to 15 on Wednesday, leading to 458,073 shares trading at a value of $5,509,500 compared to Wednesday’s trades of 350,612 valued at $4,377,442.
Gains| At the close of market activities, Ansa McAL traded 20,500 shares valued at $1,292,100 and gained 8 cents, to close at $63.03, Clico Investment traded 20 cents higher, closing at $21.20 with 87,039 shares valued at $1,831,429, Massy Holdings ended at $49.50, gaining 1 cent with 11,979 shares valued at $592,958. National Flour Mills closed at $1.99, rising 4 cents while trading 6,000 shares, Scotiabank advanced 40 cents to $58.50 trading 1,000 units and Trinidad Cement rose 5 cents, and settled at $4 exchanging 49,601 shares.
Losses| Trading ended as, JMMB Group traded with a loss of 2 cents, and closed at $2.07 exchanging 188,500 shares valued at $395,789, Point Lisas lost 1 cent to close at $3.95 with 500 units and Prestige Holdings was down 1 cent to $10.75 trading 9,075 shares.
Firm Trades| The last traded prices of securities closing unchanged are Angostura Holdings that closed at $15.05 with trades of 7,541 shares, Ansa Merchant Bank exchanging 3,020 shares at $40, Grace Kennedy trading 14,778 shares at $2.95. Guardian Holdings remained at $15 with 1,204 units, One Caribbean Media closed at $14 with 350 units, Republic Financial Holdings ended at $101.76 with 81 units. Sagicor Financial traded 10,000 shares at $8, Trinidad & Tobago NGL closed at $23.49 exchanging 19,958 shares valued at $468,779 and L.J. Williams 8% preference share exchanged 42 units at $3.30.

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NCB at J$122.50 in Trinidad

November 8, 2017 by

NCB trades at TT$6.45 or J$122.50 on the TTSE on Wednesday.

NCB Financial Group rose to a record 52-week high of $6.45 (J$122.50) after advancing 24 cents with 14,386 shares changing hands, Unilever Caribbean that suffered from major reversal of profits from 2014, tumbled to a 52-week low of $38.75 with a loss of $1.25 trading 1,200 units on the Trinidad & Tobago Stock Exchange on Wednesday.
Trading resulted in 15 securities changing hands compared to 16 on Tuesday as 3 stocks advanced, 4 declined and 8 held firm, leading to 350,612 shares trading at a value of $4,377,442, compared to Tuesday’s trades of 656,483 units valued at $7,023,258.
The Composite Index advanced 4.61 points to 1,288.64, the All T&T Index gained 0.35 points to 1,754.88 and the Cross Listed Index rose 1.22 points to close at 110.87.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 3 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| Three stocks rose at the close of trading including Angostura Holdings that gained 5 cents closing at $15.05 with 164 units and JMMB Group rising 5 cents and ended at $2.09, exchanging 96,985 shares.
Losses| The last traded price of the securities declining are First Citizens with a loss of 1 cent, closed at $31.80 trading 15,800 shares valued at $505,147, after trading at $22. Grace Kennedy settled at $2.95, losing 5 cents with 122,197 shares valued at $360,591 and Massy Holdings was down 1 cent to $49.49 with 2,400 shares.
Firm Trades| At the close of trading are Clico Investment closed at $21 in exchanging 23,928 shares valued at $502,488, Ansa Merchant Bank exchanged 320 units at $40, First Caribbean International Bank traded 34,720 shares at $9 valued at $312,480. Guardian Holdings remained at $15 with 347 units. One Caribbean Media closed at $14 with 10,075 shares trading, Republic Financial Holdings ended at $101.76 with 17,762 shares valued at $1,807,461, Scotiabank exchanged 765 units at $58.10 and Trinidad & Tobago NGL closed at $23.49 with trades of 9,563 shares.

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Mixed trading in Trinidad

November 7, 2017 by

Trading on the Trinidad & Tobago Stock Exchange on Tuesday resulted in 16 securities changing hands compared to 13 on Monday. One Caribbean Media was the dominant trade with 70 percent of the value of securities exchanged, while NCB Financial inched 1 cent higher, to end at a closing high of $6.21.
At the close, 4 stocks advanced, 8 declined and 4 remained unchanged as 656,483 shares traded at a value of $7,023,258 compared to Monday’s trades of 327,937 valued at $2,161,206.
The Composite Index gained 1.08 points to 1,284.03, the All T&T Index declined 1.80 points to 1,754.53 and the Cross Listed Index gained 0.55 points to close at 109.65.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| The last traded price of the securities rising and the volumes changing hands are JMMB Group with gains of 4 cents, closed at $2.04 trading 181,662 shares valued at $352,263, NCB Financial Group ended at a 52 weeks’ closing high of $6.21, rising 1 cent with 1,084 units, earlier the price hit a record high of $6.34 before pulling back by the close. Prestige Holdings gained 1 cent to close at $10.76 with 3,000 shares and Sagicor Financial closed 5 cents higher to $8 in exchanging 3,158 shares.
Losses| The last traded price of the securities declining and the volume changing hands are Angostura Holdings with a loss of 5 cents, ended at $15 with 450 units, Ansa McAL lost 5 cents and closed at a 52 weeks’ low of $62.95, with 6,388 shares trading valued at $402,448. First Citizens slipped 8 cents, settling at $31.81 while exchanging 1,042 units, Guardian Holdings lost 1 cent, closing at $15 with 2,747 shares, Massy Holdings slid 35 cents to $49.50 with 400 units changing hands. Point Lisas ended at $3.96, with a loss of 4 cents in trading 25,000 shares, Trinidad Cement declined by 5 cents to settle at $3.95 with 400 units changing hands and Trinidad & Tobago NGL close down 1 cent, to $23.49 with 6,177 shares.
Firm Trades| the securities closing with unchanged prices at the close are Clico Investment closing at $21 after exchanging 37,694 shares valued at $791,524, while Grace Kennedy traded 33,150 shares at $3, One Caribbean Media settling at $14 with 354,031 shares valued at $4,956,434 and Republic Financial Holdings exchanging 100 units at $101.76.

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Trinidad Stock Exchang trading mixed – Monday

November 6, 2017 by

Trading on the Trinidad & Tobago Stock Exchange closed on Monday with 13 securities changing hands compared to 14 on Friday as 3 stocks advanced, 3 declined and 7 were unchanged.
At the close, as 327,937 shares traded at a value of $2,161,206, compared to Friday’s trades of 909,312 valued at $3,281,614.
The Composite Index lost 0.12 points to 1,282.95, the All T&T Index gained 2.06 points to 1,756.33 and the Cross Listed Index eased back 0.32 points to close at 109.10.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 7 with lower offers.
Gains| The stock gaining are Grace Kennedy with a gain of 5 cents, and closed at a 52 weeks’ high of $3 in exchanging 70,650 shares, Guardian Holdings closing at $15.01, after rising 1 cent with 4, 937 shares trading and Republic Financial Holdings having advanced 76 cents to close at $101.76 with 1,437 units changing hands.
Losses| The securities declining based on the last traded prices are, First Citizens with a 1 cent loss, ending at $31.89 with 3,400 shares traded, JMMB Group slipped 11 cents, closing at $2 with 134,468 shares and Massy Holdings settled at $49.85,in losing 13 cents with 125 units trading.
Firm Trades| Stock trading unchanged at the close, are Ansa Merchant Bank closing at $40 trading 3,314 shares, Clico Investment remained at $21 exchanging 25,170 units valued at $528,570, National Flour Mills closed at $1.95 with 26,000 shares changing hands, Sagicor Financial traded 2,000 units at $7.95. Scotiabank closed with 100 units changing hands at $58.10, Trinidad Cement settled at $4 trading 37,036 shares and Trinidad & Tobago NGL ended at $23.50 with 19,264 shares valued at $453,704.

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Prices mostly slipped on TTSE – Friday

November 3, 2017 by

Trading on the Trinidad & Tobago Stock Exchange closed on Friday with 14 securities changing hands compared to 15 on Thursday and ended with 1 advancing, 4 declining and 9 holding firm.
Market activity resulted in 909,312 shares traded at a value of $3,281,614 compared to Thursday’s trades of 329,493 valued at $2,207,158.
The Composite Index was down 0.75 points to 1,283.07, the All T&T Index declined 1.82 points to 1,754.27 and the Cross Listed Index gained 0.05 points to close at 109.42.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 3 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| First Citizens was the sole stock rising and ended with a gain of 10 cents, closing at $31.90 with 1,139 units.
Losses| JMMB Group pulled back from its recent record run to end with a loss of 4 cents, and closed at $2.11 with 592,986 shares valued at $1,270,760 traing. Massy Holdings settled at $49.98, losing 2 cents with 197 units, National Flour Mills closed at a 52 weeks’ low of $1.95, down 3 cents exchanging 26,307 shares and Republic Financial Holdings traded 76 cents lower to a 52 weeks’ low of $101, with a mere 10 units.
Firm Trades| The stocks traded unchanged at the close of trading are Clico Investment that closed at $21 with trades of 18,800 shares valued at $394,801, First Caribbean International Bank exchanged 5,100 shares at $9, Grace Kennedy remained at $2.95 with 194,500 shares valued at $573,775. NCB Financial Group closed at $6.20 trading 35,052 shares, Readymix closed at $11 with 280 units.Sagicor Financial traded 14,776 shares at $7.95, Scotiabank exchanged 2,559 shares at $58.10, Trinidad Cement closed at $4 with 200 units and Trinidad & Tobago NGL ended at $23.50 with17,406 shares valued at $410,465.

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JMMB Group heads to new high

November 2, 2017 by

JMMB traded a new high on the TTSE.

JMMB Group closed at a new record high of $2.15 in Thursday’s trading on the Trinidad & Tobago Stock Exchange. Market activity ended with 17 securities changing hands compared to 12 on Wednesday with 2 stocks posting gains, 3 declining and 12 unchanged.
At the close, 328,493 shares traded at a value of $2,207,158 compared to Wednesday’s trades of 382,785 valued at $4,215,303.
The Composite Index dropped 2.51 points to 1,283.82, the All T&T Index declined by 5.64 points to 1,756.09 and the Cross Listed Index advanced 0.09 points to 109.37.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| In trading on Thursday Angostura Holdings ended with a 5 cents gain, to close at $15.05 with 1,350 units and JMMB Group surpassed the previous day’s 52 weeks’ high to close at a new high of $2.15,after rising 5 cents with 67,087 shares trading.
Losses| Securities closing with losses are Clico Investment that traded 46 cents lower to $21 while exchanging 16,680 shares valued at $350,280, Guardian Holdings dropping 50 cents, and closed at $15 with 1,713 units and West Indian Tobacco dropped $2 to end at a 52 weeks’ low of $121, trading only 8 units.
Firm Trades| At the close of trading First Citizens closed at $31.80 with 1,061 units, Grace Kennedy held firm at $2.95 with 2,200 shares changing hands, Massy Holdings exchanged 3,331 shares at $50, National Flour Millsclosed at $1.98 with 2,500 shares. NCB Financial Group remained at $6.20 trading 125,205 shares valued at $776,301, One Caribbean Media closed at $14 with 195 units, Republic Financial Holdings settled at $101.76 with 1,873 shares trading. Sagicor Financial closed at $7.95 with trades of 4,290 shares, Trinidad Cement exchanged 100,000 shares at $4 valued at $400,000 and Bourse Brazil Latin Fund US Dollar shares closed at $8.08 with 1,000 units changing hands.

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Record close for 3 Jamaican stocks

November 1, 2017 by

Grace Kennedy traded at a new high on the TTSE.

Grace Kennedy, JMMB Group and NCB Financial ended trading at record closing highs of $2.95, $2.10 and $6.20 respectively on Wednesday on the Trinidad & Tobago Stock Exchange, while Trinidad & Tobago NGL accounted for 80 percent of the value of securities exchanged.
Market activities ended with 12 securities changing hands compared to 16 on Tuesday and closed with 6 stocks advancing, 6 holding firm and no losses as 382,785 shares traded at a value of $4,215,303 compared to Tuesday’s trades of 290,111 valued at $3,885,729.
The Composite Index rose 12.04 points to 1,286.33, the All T&T Index advanced 2.40 points to 1,761.73 and the Cross Listed Index added 2.97 points to 109.28.
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| The securities recording gains at the end of trading are First Caribbean International Bank that gained 50 cents to close at $9, in exchanging 1,225 shares, Grace Kennedy gained 5 cents to close at a 52 weeks’ high of $2.95, with 3,300 units, Guardian Holdings advanced 50 cents to $15.50, with 2,143 shares. JMMB Group climbed to a 52 weeks’ high of $2.10, after rising 5 cents and the trading of 224,110 shares valued at $471,767, NCB Financial Group added 5 cents, closing at a 52 weeks’ high of $6.20 with 1,000 units changing hands and Republic Financial Holdings gained 3 cents and closed at $101.79, with 31 units.
Firm Trades| Securities that closed with unchanged prices are First Citizens closing at $31.80 with 1,894 shares, Massy Holdings trading 5,000 shares at $50 and National Enterprises exchanging 30 units at $10. Prestige Holdings trading 26 stock units at $10.75, Sagicor Financial that remained at $7.95 with trades of 1,070 shares and Trinidad & Tobago NGL closed at $23.50 trading 142,956 units valued at $3,360,895.

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Rising stocks out pace decliners – TTSE

October 25, 2017 by

Trading on the Trinidad & Tobago Stock Exchange closed on Wednesday with 16 securities changing hands compared to 15 on Tuesday, with 6 advancing, 4 declining and 6 remaining unchanged.
The market closed with JMMB Group continuing to rally to new 52-week highs as the price closed at $1.76 with trades of only 54 units while three securities closed at 52 weeks’ lows. By the end of trading a total of 120,210 shares traded at a value of $4,165,527 compared to Tuesday’s trades of 649,685 valued at $4,049,106. Ansa McAL and Clico Investment led with 53 percent and 29 percent of the value of securities traded.
The Composite Index added 0.48 points to 1,250.45, the All T&T Index declined by 0.24 points to 1,760.59 and the Cross Listed Index rose 0.16 points to 99.60.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 3 with lower offers.
Gains| The last traded price of the securities rising and the volume changing hands are, Ansa McAL with gains of 4 cents, closed at $63.05 with 35,000 shares valued at $2,206,750, Ansa Merchant Bank settling at $40, in gaining 5 cents with 344 units changing hands, JMMB Group closing at a 52 weeks’ high of $1.76, after rising 3 cents with only 54 units. Point Lisas traded 19 cents higher to $4 with 5,500 shares trading, Scotiabank closed with a 1 cent gain, at $58.06 with a mere 16 units being exchanged and Trinidad & Tobago NGL closed at $23.11, after rising 1 cent with trades of 2,000 shares.
Losses| The last traded prices of the securities declining and the volume changing hands are Guardian Holdings closed 11 cents lower to $15.15 with 450 units, Guardian Media hit a 52 weeks’ low of $18, having lost 34 cents trading 80 units, National Flour Mills ended at a 52 weeks’ low of $1.99, with a loss of 1 cent while exchanging 800 units and Republic Financial Holdings lost 3 cents to close at a 52 weeks’ low of $101.76 with 4,151 shares valued at $422,525 changing hands.
Firm Trades| The last traded prices of securities and the volume traded unchanged at the close of trading are, Agostini’s trading 1,927 units at $20.53, Clico Investment that closed at $21 with 58,300 shares valued at $1,224,300, First Citizens closing at $31.80 with 223 units. Grace Kennedy remained at $2.89 exchanging 8,300 shares, Massy Holdings closed at $49 with 3,015 shares and One Caribbean Media ended at $14 trading 50 units.

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