Republic takes 68% of trading

Republic Financial Holdings took the largest value of trading on Wednesday on the TTSE.

The Trinidad & Tobago Stock Exchange resumed trading on Wednesday after being closed on Monday and Tuesday with trading values rising above Friday’s levels. Trading closed with Republic Financial Holdings as the dominant trade with just over 68 percent of the total value traded.
The market closed with of 10 securities changing hands compared to 13 on Friday with 2 stocks advancing, 5 declining and 3 holding firm as 195,938 shares traded at a value of $9,062,326 compared to Friday’s trades of 143,801 valued at $2,818,683.
The Composite Index declined 0.91 points to 1,210.54, the All T&T Index dropped 0.72 points to 1,789.03 and the Cross Listed Index lost 0.15 points to 84.71.
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| JMMB Group closed at $1.26, gaining 3 cents with 10,000 shares changing hands and Trinidad & Tobago NGL traded 22 cents higher to close at $21.33, with an exchange of 13,946 units valued at $295,915. Losses| Grace Kennedy closed $2.70, with a loss of 10 cents exchanging 5,198 shares, Massy Holdings traded 40 cents lower, closing at a 52 weeks’ low of $50.10, with 37,320 shares changing hands valued at $1,868,488 and Prestige Holdings closed at a 52 weeks’ low of $10.75, losing 6 cents in trading 45,247 units valued at $486,406. Scotia Investments lost 3 cents, in closing at $2.45 with trades of 20,910 shares and West Indian Tobacco closed at $126.35, with a loss of 3 cents exchanging 750 units.
Firm Trades| Clico Investment exchanged 1,424 shares at $22.51, First Citizens held firm at $31.65, with 342 shares trading and Republic Financial Holdings remained at $101.90, with 60,801 shares changing owners at a value of $6,195,622.

Market valuation down on TTSE on Friday

Republic Financial Holdings had the largest value of trading on Friday on the TTSE.

Trading on the Trinidad & Tobago Stock Exchange on Friday resumed after a public holiday on Thursday with trading levels and the indices falling, compared to Wednesday. Republic Financial Holdings led the market with about 75 percent of the total value traded.
A total of 13 securities changed hands compared to 16 on Wednesday with 2 stocks advancing, 5 declining and 6 unchanged as 143,801 shares traded at a value of $2,818,683 compared to Wednesday’s trades of 373,818 valued at $18,441,277.
The Composite Index declined 1.05 points to 1,211.45, the All T&T Index slipped 0.63 points to 1,789.75 and the Cross Listed Index lost 0.20 points to 84.86.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 6 stocks with bids higher than last selling prices and 8 with lower offers.
Gains| Guardian Holdings gained 4 cents to close at $16.25, with 10,000 shares changing hands and Trinidad & Tobago NGL closed at $21.11, with gains of 3 cents trading 2,461 units.
Losses| First Citizens closed $31.65, with a loss of 15 cents exchanging 2,632 shares, JMMB Group lost 4 cents to close at $1.23, with of 11,803 shares being traded, National Enterprises closed at $10.49, losing 1 cent trading 100 units. NCB Financial Group lost 1 cent, closing at $4 with 40,000 shares changing hands and Scotia Investments traded 2 cents lower to close at $2.48 exchanging 8,000 units. The price is the equivalent of J$47, well above the price of $38 Scotia Group plans on offering to take over the minority shares.
Firm Trades| Clico Investment exchanged 2,720 shares at $22.51, First Caribbean International Bank held firm at $7.70, with 7,250 shares traded, Grace Kennedy closed at $2.80, with 37,714 shares changing ownership. National Flour Mills remained at $2.20, with 400 shares traded, Point Lisas traded 100 units at $4 and Republic Financial Holdings closed at $101.90, with 20,621 shares changing hands valued at $2,101,280.

Republic the dominant one on TTSE

Republic Financial Holdings had the largest value of trading on Wednesday on the TTSE.


Market activity on the Trinidad & Tobago Stock Exchange on Wednesday closed with Republic Financial Holdings dominating trading, with just over 56 percent of the total value traded followed by Scotiabank and Ansa McAL with 21 percent and 15 percent respectively.
A total of 16 securities changed hands compared to 13 on Tuesday with 3 stocks advancing, 2 declining, 11 holding firm and one stock closed at a 52 weeks’ low. A total of 373,818 shares were exchanged at a value of $18,441,277 compared to Tuesday’s trades of 366,775 units valued at $3,474,839.
The Composite Index lost 0.49 points to 1,212.50, the All T&T Index declined 1.47 points to 1,790.38 but the Cross Listed Index gained 0.07 points to 85.06.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 8 with lower offers.
Gains| Guardian Holdings gained 1 cent, closing at $16.21 trading 35,883 shares valued at $581,663, NCB Financial Group added 1 cent to close at $4.01 with an exchange of 10,000 units and Trinidad & Tobago NGL closed at $21.08, with gains of 3 cents exchanging 5,000 units.
Losses| First Citizens closed $31.80, with a loss of 5 cents trading 50 shares and One Caribbean Media traded 99 cents lower to close at a 52 weeks’ low of $15.01 exchanging 3,595 shares.
Firm Trades| Ansa McAl exchanged 41,476 shares at $66 valued at $2,737,406, Ansa Merchant Bank traded 784 shares at $40, Clico Investment closed at $22.51, with 1,800 shares changing hands. First Caribbean International held firm at $7.70, with 4,000 shares traded, Grace Kennedy exchanged 20,388 shares at $2.80 while JMMB Group remained at $1.27, after trading 20,070 shares. Massy Holdings traded 5,010 units to hold at $50.50, National Flour Mills closed at $2.20, in exchanging 3,049 shares, Republic Financial Holdings closed at $101.90, with 101,997 shares changing hands valued at $10,393,494. Scotiabank exchanged 66,513 units at $58 valued at $3,857,754 and Trinidad Cement closed at $4.15, with 54,203 shares traded.

Only gains on TTSE on Tuesday

In moderate trading on the Trinidad & Tobago Stock Exchange on Tuesday 13 securities changed hands compared to 12 on Monday with 2 stocks advancing, 11 holding firm and none declining. Tuesday’s gains disguise softness in the wider market as shown in the IC bid-offer Indicator, below.
At the close, trading volumes were ahead of Monday’s levels as 366,775 shares were exchanged at a value of $3,474,839 compared to Monday’s trades of 237,462 valued at $3,247,098.
The Composite Index added 0.07 points to 1,212.99, the All T&T Index gained 0.14 points to 1,791.85 and the Cross Listed Index remained at 84.99.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 9 with lower offers.
Gains| Angostura Holdings gained 1 cent to close at $15.01 with an exchange of 20,000 shares valued at $300,200 and Trinidad & Tobago NGL closed at $21.05, with gains of 4 cents while trading 730 units.
Firm Trades| Clico Investment exchanged 45,177 shares at $22.51 valued at $1,016,943, First Caribbean International traded 23,098 shares at $7.70 and Grace Kennedy closed at $2.80, with 7,500 shares changing hands. Guardian Holdings held firm at $16.20, with 50,000 shares traded at a value of $810,000, JMMB Group exchanged 24,074 shares at $1.27, NCB Financial Group closed at $4, with trades of 27,865 shares, the market closed with the bid at $4 to buy 359,230 units but there were no stocks on issue for sale. Republic Financial Holdings traded 1,570 units at $101.90, Scotiabank remained at $58 trading, with an exchange of 1,000 shares. Scotia Investments closed at $2.50, with 47,000 shares changing hands, West Indian Tobacco exchanged 1,336 units at $126.38 and Trinidad Cement closed at $4.15, with 117,425 shares traded at a value of $487,314.

Moderate trading continues on TTSE

Trading on the Trinidad & Tobago Stock Exchange remained subdued with moderate volume and few price changes on Monday. At the market’s close 12 securities changed hands compared to 13 on Friday, 1 stock advanced, 2 declined and 9 held firm.
At the close, 237,462 shares were exchanged at a value of $3,247,098 compared to Friday’s trades of 312,159 valued at $13,109,347.
The Composite Index gained 0.04 points to 1,212.92, the All T&T Index fell 0.53 points to 1,791.71 and the Cross Listed Index rose 0.09 points to 84.99.
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| Sagicor Financial advanced 14 cents, closing at $8.89 with trades of 160,498 shares valued at $1,420,807.
Losses| Massy Holdings closed at a 52 weeks’ low of $50.50, with a loss of 25 cents trading 6,990 shares valued at $352,995 and West Indian Tobacco traded 2 cents lower to close at $126.38 exchanging 23 shares.
Firm Trades| Berger Paints closed at $4.05 trading 200 shares, Clico Investment traded 5,080 shares at $22.51, First Caribbean International Bank closed at $7.70, with an exchange of 24,500 shares. Guardian Holdings remained at $16.20, with 29,396 shares traded at a value of $476,215, National Enterprises exchanged 150 shares at $10.50, National Flour Mills closed trading at $2.20, with 1,500 shares. Republic Financial Holdings closed at $101.90, with an exchange of 3,875 units valued at $394,862, Scotiabank remained at $58 trading 5,000 shares and Scotia Investments closed at $2.50, with 250 shares changing hands.

4 companies dominate TTSE on Friday

Republic Financial Holdings had the largest value of trading on Friday on the TTSE.

The Trinidad & Tobago Stock Exchange closed on Friday with Republic Financial Holdings as the lead trade with 46 percent of the total value traded followed by Ansa McAL with 21 percent , Trinidad & Tobago NGL with 12 percent (TTNGL) and Massy Holdings with 11 percent.
The market closed with 13 securities trading, the same as on Thursday, the number of shares traded totaled 312,159 units valued at $13,109,347 compared to Thursday’s trades of 179,168 shares valued at $3,736,695, with 1 stock advancing, 3 declining and 9 holding firm.
The Composite Index declined 0.59 points to 1,212.88, the All T&T Index fell 0.17 points to 1,792.24 and the Cross Listed Index lost 0.14 points to close at 84.90.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 5 with lower offers.
Gas company, TTNGL, are currently offer to the public an additional 40,248,000 Class B shares at TT$21 per unit, which opened on June 5 and is expected to close on June 28.
Gains| Guardian Holdings gained 5 cents to close at $16.20 trading 13,632 shares.
Losses| Grace Kennedy closed at $2.80, with a loss of 5 cents exchanging 35,092 shares, National Enterprises lost 1 cent to close at $10.50, with 13,663 shares changing hands and Trinidad Cement traded 4 cents lower, closing at $4.15 exchanging 28,500 shares.
Firm Trades| Ansa McAL held firm at $66 trading 40,748 shares valued at $2,689,368, First Citizens traded 314 shares at $31.85, Massy Holdings closed at $50.75, with an exchange of 28,781 shares valued at $1,460,636. National Flour Mills closed at $2.20, with 1,840 shares changing hands, One Caribbean Media traded a mere 40 shares at $16, Republic Financial Holdings closed at $101.90, with trades of 59,396 shares valued at $6,052,229. Sagicor Financial exchanged 5,279 units at $8.75, Scotiabank remained at $58 trading 12,830 shares valued at $744,140 and Trinidad & Tobago NGL closed at $21.01, with an exchange of 72,404 shares valued at $1,521,208.
Shares in TTNGL, are currently offer to the public with additional 40,248,000 Class B shares being sold by the parent company at TT$21 per unit. The offer opened on June 5 and is expected to close on June 28.
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NCB at new high on TTSE

NCBFG trades at new high in Trinidad on Tuesday.

Trading on the Trinidad & Tobago Stock Exchange on Tuesday resulted in 14 securities changing hands compared to 13 on Monday and closed with 2 stocks advancing, 4 declining and 8 unchanged as 250,286 shares were traded at a value of $2,050,058 compared to Monday’s 302,101 shares valued at $2,780,408.
The Composite Index rose 1.07 points to 1,216.38, the All T&T Index lost 0.05 points to 1,793.17 and the Cross Listed Index gained 0.30 points to close at 85.74.
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, with NCB Financial Group trading at a 52 weeks’ high.
Gains| Guardian Holdings gained 5 cents to close at $16.15, with 11,185 shares trading and NCB Financial Group closed at a 52 weeks’ high of $4.05, with gains of 5 cents in exchanging 1,000 shares.
Losses| JMMB Group lost 1 cent, closing at $1.27, with 90,416 shares changing hands, Massy Holdings closed at $51.09, losing 1 cent with only 4 shares being exchanged, Prestige Holdings traded 9 cents lower to close at $10.81 in trading 365 shares and Sagicor Financial closed at $8.89, with a loss of 1 cent after exchanging 1,100 shares.
Firm Trades| Clico Investment closed at $22.50, with an exchange of 49,200 shares valued at $1,107,000, First Citizens traded 1,313 shares at $31.85 while First Caribbean International exchanged 24,500 shares at $7.75. Grace Kennedy closed at $2.85, with 53,947 shares changing hands, National Flour Mills held firm at $2.30, with trades of 20 shares, Point Lisas closed at $4 exchanging 216 shares. Republic Financial Holdings closed at $101.90 trading 2,020 shares and Scotia Investments exchanged 15,000 shares at $2.50.

Trading sinks in Trinidad

Overall volume of stocks trading on the Trinidad & Tobago Stock Exchange on Friday dropped to less than 40,000 units as 13 securities changed hands compared to 12 on Thursday with 1 stock advancing, 3 declining and 9 unchanged.
A total of 39,197 shares were exchanged at a value of $1,384,254 at the close of the market compared to Thursday’s 121,444 shares valued at $942,101.
The Composite Index lost 0.22 points to 1,216.15, the All T&T Index fell 0.44 points to 1,793.31 and the Cross Listed Index closed unchanged at 85.66.
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| Angostura Holdings gained 1 cent, closing at $15.01 trading 30 shares.
Losses| Clico Investment lost 1 cent to close at $22.50, with an exchange of 9,586 shares, Massy Holdings closed at $51.10, with a loss of 35 cents trading 15,195 shares valued at $776,465 and Point Lisas closed at $4, losing 5 cents in exchanging 100 shares.
Firm Trades| Agostini’s traded 500 shares at $18.51, Ansa McAL closed at $66, trading 50 shares, First Citizens exchanged 3,598 shares at $31.85, Grace Kennedy remained at $2.90 trading 3,000 shares, National Enterprises closed at $10.50, with 1,380 shares changing hands, One Caribbean Media closed trading with 100 shares at $16. Scotiabank held firm at $58, with 1,418 shares changing hands, Trinidad & Tobago NGL traded 3,595 shares at $21 and West Indian Tobacco exchanged 645 shares at $126.40.

Small volumes dominate TTSE trading – Thursday

Trading on the Trinidad & Tobago Stock Exchange on Thursday was dominated by small trades and resulted in 12 securities changing hands compared to 14 on Wednesday. At the close 1 stock advanced, 3 declined and 8 were unchanged.
A total of 121,444 shares were exchanged at a value of $942,101 compared to Wednesday’s 274,613 shares valued at $2,047,725.
The Composite Index gained 0.12 points to 1,216.37, the All T&T Index rose 0.25 points to 1,793.75 and the Cross Listed Index closed unchanged at 85.66.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 3 stocks with bids higher than last selling prices and 4 with lower offers.
Gains| Trinidad & Tobago NGL advanced 25 cents to close at $21, with 155 shares traded.
Losses| L.J. Williams B lost 5 cents to close at 80 cents, with a mere 20 shares changing hands, Republic Financial Holdings traded 2 cents lower to close at $101.90, with an exchange of 1,100 shares and Unilever Caribbean closed at $52.60, losing 40 cents in trading 30 shares.
Firm Trades| Angostura Holdings held firm at $15 exchanging 11,000 shares, Ansa McAL closed at $66, with trades of 20 shares and Ansa Merchant Bank traded 494 shares at $40. Clico Investment closed at $22.51 trading 12,514 shares, First Caribbean International exchanged 10,000 shares at $7.75, Grace Kennedy closed at $2.90 with an exchange of 78,125 shares. JMMB Group closed at $1.28, with 21,986 shares changing hands and Trinidad Cement traded 6,000 shares at $4.20.

Government selling more shares

T&TNGL dropped on TTSE on Wednesday based o more shares to be sold by TT Government..

Trinidad & Tobago NGL’s stock price fell 86 cents to $21.13 on the Trinidad & Tobago stock Exchange on Wednesday. This comes on the heels of the Government of the Republic of Trinidad and Tobago’s intent to make an offer for an additional sale of 40,248,000 shares by National Gas Company.
The market saw trading in 19 securities compared to 17 on Tuesday with 2 stocks advancing, 4 declining and 13 remaining unchanged. A total of 328,366 shares changed hands valued at $8,363,330 compared to Tuesday’s 449,650 shares valued at $12,647,675.
The Composite Index fell 1.90 points to 1,214.94, the All T&T Index declined 2.76 points to 1,794.79 and the Cross Listed Index was down 0.14 points to close at 85.12.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 8 with lower offers.
Gains| JMMB Group closed at $1.28, with a 1 cent gain trading 21,142 shares and NCB Financial Group gained 5 cents to close at $4, exchanging 148,884 shares valued at $591,330.
Losses| Ansa McAL closed at $66, with a loss of 39 cents exchanging 1,425 shares, Clico Investment lost 1 cent, closing at $22.50, with an exchange of 50,615 shares valued at $1,138,945, Scotia Investments traded 23 cents lower to close at $2.45 with 650 shares changing hands and Trinidad & Tobago NGL exchanged 7,609 shares at $21.13, after losing 86 cents.
Firm Trades| Angostura Holdings traded 1,400 shares at $15, Ansa Merchant Bank closed at $40, with an exchange of 2,171 shares, First Citizens remained at $31.85 trading 1,000 shares, First Caribbean International exchanged 7,223 shares at $7.75. Guardian Holdings traded 6,479 shares at $16, Massy Holdings held firm at $51.45 exchanging 1,300 shares, National Enterprises closed at $10.50, with an exchange of 14,718 shares, Prestige Holdingsclosed at $10.90, with trades of just 5 shares. Readymix was unchanged at $11, with 1,345 shares changing hands, Republic Financial Holdings traded 56,190 shares at $101.92 valued at $5,726,885, Sagicor Financial closed at $8.99 exchanging 2,000 shares, Scotiabank remained at $58, with trades of 926 shares and Trinidad Cement held firm trading 3,284 shares at $4.20 .