TTSE gains beat declines 2 to 1 – Monday
Trading resulted in an exchange of 287,730 units valued at $3,325,149 compared to 166,719 shares valued at $2,032,545 on Friday.
The Composite Index gained 0.16 points to 1,215.71, the All T&T Index lost 0.69 points to 1,836.97 and the Cross Listed Index rose 0.14 points to 79.49.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 6 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| Clico Investments added 1 cent to close at $22.60 with of 8,000 shares changing hands, Guardian Holdings closed at $13.01, adding 1 cent with an exchange of 212,389 shares valued at $2,761,059. National Commercial Bank closed at a 52 weeks’ high of $3.12 with a gain of 2 cents and 10,000 units changing owners and Trinidad Cement climbed 5 cents to a 52 weeks’ high of $5.15 with 4,000 units traded.
Losses| Massy Holdings lost 49 cents to close at $51.50 with 355 shares being exchanged and Trinidad & Tobago NGL closed at $20.45, down 5 cents with 2,595 shares changing owners.
Firm Trades| Grace Kennedy closed at $2.67 with 5,700 units changing hands, Republic Financial Holdings, with an exchange of 63 shares, closed at $108.43. Sagicor Financial held firm at $8.10 with 20,952 units being traded, Scotia Investments was unchanged at $2.10 with trades of 18,051 units, Scotiabank exchanged a mere 25 units to close at $58.75, L.J. Williams exchanged 5,400 shares, closing at 66 cents and West Indian Tobacco closed at $127.02 with 200 shares changing hands.
Trinidad Cement above Cemex price
Market activity ended with trading in 6 securities, 1 stock advanced, 1 declined and 4 remained unchanged as 166,719 units changed hands, valued at $2,032,545 compared to 328,077 shares valued at $2,705,386 on Thursday.
The Composite Index gained 0.27 points to 1,215.55 points, the All T & T Index rose 0.55 points to 1,837.66 points. The Cross Listed Index gained 0.07 points to 79.35 points.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 6 stocks with bids higher than last selling prices and 7 with lower offers.
Gains| Guardian Holdings climbed 10 cents to $13 with 141,279 shares changing hands, valued at $1,836,627.
Losses| Clico Investments was down 1 cent to close at $22.59 with 435 shares being exchanged.
Firm Trades| First Citizens held firm at $34.97 with 2,056 units changing hands, Sagicor Financial closed at $8.10 with an exchange of 2,000 shares. Scotia Investments was unchanged at $2.10 with trades of 2,949 units and Trinidad Cement closed at $5.10 with 18,000 shares changing ownership.
Low activity hits TTSE on Wednesday
Trading on the Trinidad & Tobago Stock Exchange mostly lost grounds at the close on Wednesday. Trading levels fell way below previous days with just 7 securities changing hands compared to 13 on Tuesday.
Only 1 stock advanced, 2 declined and 4 held firm with 28,747 units being traded, valued at $573,758 compared to Monday’s 270,371 shares valued at $2,062,449. At the close of trading, the Composite Index dropped 0.14 points to 1,214.95 points, the All T & T Index fell 0.34 points to 1,836.96 points and the Cross Listed Index gained 0.01 point to 79.28 points.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 7 stocks with bids higher than their last selling prices and 3 with lower offers.
Gains| Sagicor Financial added 1 cent to close at a 52 weeks high of $8.02 with 12,555 shares changing hands.
Losses| Guardian Holdings closed at $12.80, down 20 cents with 7,000 units changing owners and Republic Financial Holdings lost 1 cent to close at $108.43 with 3,076 shares being exchanged, valued at $333,531.
Firm Trades| First Citizens closed trading at $34.97 with 421 units changing hands, JMMB Group held firm at 92 cents with an exchange of 4,973 shares, Massy Holdings, with 472 shares trading, closed at $51.99 and Trinidad & Tobago NGL closed at $20.49 with 250 shares changing ownership.
More securities actively traded Monday
Market activity on the Trinidad & Tobago stock market on Monday ended with 14 securities changing hands compared to 11 on Friday. The market closed as 3 stocks advanced, 4 declined and 7 were unchanged with 225,197 units being traded at a value of $4,965,442 compared to Friday’s 222,518 shares valued at $4,418,139.
The Composite Index advanced 1.13 points to 1,212.88 points, the All T&T Index lost of 0.56 points to close at 1,833.53 points and the Cross Listed Index gained 0.39 points to 79.19 points.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 2 with lower offers.
Gains| National Commercial Bank exchanged 8,087 shares advancing 5 cents to close at a 52 weeks’ high of $3.10, Scotia Investments rose 5 cents, with 11,041 units trading, and closed at a 52 weeks’ high of $2.10 and Trinidad Cement added 22 cents to close at a 52 weeks’ high of $4.67 while exchanging of 121,560 shares, valued at $551,785.
< Strong> Losses| Angostura Holdings closed at $14.70, falling 5 cents with 2,221 shares changing owners, Ansa McAL lost 25 cents, closing trading at $66.25 with only 150 units traded,. Scotiabank was down 3 cents to $58.77 with 26,839 shares changing ownership, valued at $1,577,378 and Unilever Caribbean closed at $59.80, with a loss of 3 cents and a mere 40 units trading.
Firm Trades| Clico Investments closed trading at $22.60 with 7,025 units being exchanged, First Caribbean International traded 25,716 shares and closed at $8.50, Guardian Media traded 408 units, to close at $19, JMMB Group was unchanged at 92 cents with an exchange of 3,300 shares. National Enterprises with 200 shares traded, closed at $10.68, Trinidad & Tobago NGL ended the day at $20.50 with an exchange of 100 units and West Indian Tobacco with 18,510 shares valued at $2,350,770 changing ownership, closed at $127.
All round rise for TTSE market indices
Trading on the Trinidad & Tobago Stock Exchange on Thursday maintained Wednesday’s performance but with 11 securities changing hands compared to 8. The market closed on Thursday with 3 stocks advancing, 2 losing and 6 unchanged as 326,391 units were traded at a value of $3,531,245 compared to Wednesday’s 117,706 shares valued at $3,555,197.
The Composite Index advanced 0.73 points to 1,212.18 points, the All T&T Index gained 0.43 points to 1,835.20 and the Cross Listed Index rose 0.14 points to 78.76 points.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 4 with lower offers.
Gains| Massy Holdings closed at $52 and gaining of 1 cent with 779 units trading, National Enterprises added 3 cents to close at $10.68 with 17,250 shares changing hands and Sagicor Financial ended the day’s trading at a 52 weeks’ closing high of $7.91, up 5 cents with an exchange of 6,873 units.
Strong> Losses| First Citizens bank lost 2 cents to close at $34.98 with 428 shares changing owners and Clico Investments was down 1 cent to $22.79 with 150 shares trading.
Firm Trades | Guardian Holdings held firm at $13 with an exchange of 210,092 shares valued at $2,614,196, JMMB Group was unchanged at 92 cents trading 64,442 units while National Commercial Bank closed at $3.05 with 1,000 units changing owners. Point Lisas closed at $3.75 with trades of 10,000 shares, Republic Financial Holdings with 92 units traded, closed at $108.44 and Trinidad & Tobago NGL traded 24,285 shares closing at $20.99 with a value of $509,742.
3 new highs for Trinidad stocks
Trading on Tuesday resulted in 8 securities changing hands compared to 11 on Friday. Market activity ended with 6 stocks rising, 2 declining while there were no stocks trading unchanged. A total of 162,833 shares being traded valued at $2,093,835 compared to 262,813 shares being traded, valued at $6,001,767 on Friday.
The Composite Index rose 1.04 points at 1,210.57, the All T&T Index lost 0.88 points to 1,833.35. The Cross Listed Index rose 0.41to end at 78.58 points with year to date gains of 55.65 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 3 with lower offers.
Gains| Clico Investments Fund gained 18 cents in trading 63,956 units valued at $1,458,197 to close at $22.80, Guardian Holdings traded 2,500 units to close 1 cent higher at $12.66, National Commercial Bank added 10,000 shares to stocks that traded and gained 5 cents to close at a 52 weeks’ high of $3.05. Point Lisas traded 21,500 shares and gained 5 cents to end at $3.75, Sagicor Financial Corporation gained 7 cents with 47,548 valued at $371,083 to end at a 52 weeks’ high of $7.80 and Trinidad Cement traded 8,200 units with a rise of 5 cents to close at a 52 weeks’ high of $4.45.
< Strong> Losses| Angostura Holdings fell 25 cents to close at $14.75 as 5,131 units changed hands and National Flour Mills fell 12 cents to close at $2.40 with 4,000 units trading.
Trinidad Cement drops back to $4.15
The market closed on Tuesday with 18 securities changing hands in contrast to 10 on Monday with 8 stocks advancing, 7 declining and 3 remaining unchanged. A total of 483,249 shares valued at $2,376,016 compared to Monday’s trades of 174,656 shares valued at $3,712,321.
The Composite Index climbed 6.45 points to 1,229.47, the All T&T Index slid 2.38 points to 1,827.69 and the Cross Listed Index gained 2.10 points to 84.54.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 6 stocks with bids higher than last selling prices and 7 with lower offers.
Gains| Angostura Holdings added 3 cents and closed at $14.75 with an exchange of 14,100 units, Guardian Holdings rose 44 cents to $13.75 with trades of 10,000 shares, JMMB Group gained 5 cents to close at a new 52 weeks high of $1.25 with 173,162 shares being exchanged. National Commercial Bank gained 27 cents, closing at a 52 weeks’ high of $3.55 with 50,000 shares changing owners, Praetorian Property closed 5 cents higher, at $2.90 while trading 2,000 units. Sagicor Financial added 1 cent to close at $8.51 with an exchange of 14,294 shares, Trinidad & Tobago NGL closed at $21.02, gaining 2 cents with trades of 1,257 units and L.J. Williams B share advanced 5 cents to 71 cents with 93,650 units traded.
Losses| Berger Paints closed down 1 cent to $4.05 with 800 units traded, Clico Investment lost 1 cent to close at $22.51 after trading 3,777 shares, Massy Holdings dropped 30 cents, falling to $51.10 with trades of 14,243 valued at $727,818 and Republic Financial Holdings closed at $107.98, losing 21 cents with 46 units being exchanged. Scotiabank lost 5 cents to $58.70 trading 4,909 shares, Trinidad Cement fell 35 cents to $4.15, while exchanging 5,000 shares and Unilever Caribbean closed at $58.50 after sustaining a fall of $1.33 with 154 units changing hands.
Firm Trades| First Citizens closed at $34 with 300 shares traded, Scotia Investments remained at $2.23 with 95,125 shares changing owners and West Indian Tobacco closed at $127 with 432 units switching ownership.
Trinidad stocks drop 6% in 2016
While the values of the Trinidad based company declined that for the wider Caribbean grew by nearly 58 percent and resulted in the Composite index rising but by only 4 percent. The market closed the year on a positive note, with the IC bid-offer Indicator | showing the strongest reading for the last two trading days of the year with just 2 stocks closing with bids that were lower than their last sale price.
Trading on Friday resulted in 11 securities changing hands compared to 13 on Thursday. Market activity ended with 5 stocks rising, 1 declining and 5 holding firm, with 262,813 shares being traded valued at $6,001,767 compared to 155,564 shares being traded valued at $1,446,576 on Thursday.
The Composite Index rose 3.37 points to end the year at 1,209.53, the All T&T Index gained 1.35 points to 1,834.23 with a year to date loss at 6 percent. The Cross Listed Index rose 0.71 points at 78.17 points with year to date gains of 57.89 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 2 with lower offers.
Gains| Clico Investments Fund gained 1 cent in trading 665 units at $22.62, First Citizens Bank had 6,760 units trading with a gain of 25 cents to end at $35, JMMB Group traded 181,727 units to end at 90 cents with a 1 cent rise. National Commercial Bank added 6,999 shares to stocks that traded and gained 10 cents to close at $3 and Trinidad Cement traded 2,000 units with a rise of 5 cents to close at a 52 weeks’ high of $4.40.
Losses| Grace Kennedy traded 730 shares but lost 1 cent to close at $2.67
Firm Trades| Massy Holdings contributed just 12,350 shares with a value of $642,200 to end at $52, Readymix West Indies closed trading with 5,000 shares trading at $10.99. Republic Financial Holdings with a volume of 44,125 shares valued at $4,784,915 changing hands, closed at $108.44, Trinidad and Tobago NGL traded 1,909 shares at $21 and Unilever Caribbean ended with 548 units trading, to end at $59.84.