Falling prices overwhelm on TTSE

TTSEDailyTRading280x150 Trading in the overall market ended with 15 securities changing hands on Monday with 1 stock gaining, 5 declining and 9 traded with the price unchanged. A total of only 322,715 shares traded, valued at $2,878,812, as Massy Holdings accounted for $11.5 million of the trade.
At the close of the market, the Composite Index fell 0.83 points to close at 1,154.09, the All T&T Index lost 2.18 points to 1,961.59 and the Cross Listed Index gained 0.07 points to close at 45.47.
Gains| In trading, National Flour closed with 29,416 shares trading for 4 cents higher at $2.10.
Declines| First Citizens lost 45 cents in trading 1,247 shares and closed at $35.25, National Enterprises closed with 535 shares trading a cent lower at $17.19, Praetorian Property Mutual Fund traded 14,000 units at $3.05 and lost 5 cents. Prestige Holdings had 600 shares changing hands at $9.87 but at 2 cents less than the prior trade, Republic Bank lost 1 cent in trading 4,944 shares valued at $568,461 to close at $114.98.
Firm Trades| Clico Investment Fund stock closed at $22.50 with 43,482 shares valued at $978,345, Firstcaribbean Bank traded 313 shares at $5.01, Grace Kennedy TTSE sum 3-8-15.xlsxhad 32,043 units changing hands at $3.65, Guardian Holdings had 8,548 units changing hands at $13.10, National Commercial Bank traded 43,838 shares at $1.65. Sagicor Financial Corporation with 128,408 shares changing hands for a value of $770,448 closed unchanged at $6, Scotiabank traded 1,111 units and closed at $62.31, Scotia Investments with 11,230 units changing hands $1.50 and Trinidad Cement closed at $2.90 with 3,000 shares trading.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.

Trading volume low on TTSE

TTSEDailyTRading280x150 Trading in the overall market ended with 13 securities changing hands on Thursday with 2 stocks gaining, 3 declining and 8 traded with the price unchanged. A total of only 110,408 shares traded, valued at $1,254,117.
At the close of the market, the Composite Index fell 0.10 points to close at 1,155.60, the All T&T Index advanced by 0.30 points to 1,965.11 and the Cross Listed Index loss 0.07 to 45.41.
Gains| In trading, One Caribbean Media ending with a gain of 39 cents while trading 3,645 shares changing hands at $22.40 and Unilever Caribbean with 353 units changing hands at a new 52 weeks high of $66.76 and gained 8 cents.
Declines| Clico Investment Fund stock price lost 5 cents to $22.50 with 9,540 shares trading at a value of $2,758,458, National Commercial Bank traded a mere 500 shares 1 cent at $1.66 and Trinidad Cement lost 2 cents while trading 45,974 shares.
TTSE 30-7-15 Firm Trades| First Citizens Bank with 20,179 shares traded valued at $506,226 to close at $35.70, Flavorite Foods traded 606 units at $4.80, Guardian Media had 1,872 units changing hands at $19.76, National Enterprises closed with 1,361 shares trading at $17.20. Republic Bank ended with just 4 units trading at $114.99, Sagicor Financial with 4,125 units trading closed at $6, Scotiabank traded 2,005 units and closed at $62.31 and West Indian Tobacco closed with 300 shares changing hands at $125.40.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than their last selling prices and 3 stocks with offers that were lower.

TCL trades big on Friday on TTSE

TCL traded 622,000 shares on Friday

TCL traded 622,000 shares on Friday

Trading on the Trinidad & Tobago Stock Exchange ended with relatively large dollar amounts being expended on some stocks, helping to push the dollar trading level above the average of recent days while Trinidad Cement landed the largest volume that traded. On Friday with only 10 securities changing hands, 3 advanced, 1 declined and 6 traded firm, with a total of 852,238 units, valued at $4,949,694 changing hands.
At the close of the market, the Composite Index fell 0.21 points to close at 1,159.46, the All T&T Index declined by 0.40 points to 1,969.53 and the Cross Listed Index was unchanged at 46.37.
TTSE 3-7-15 Gains | Massy Holdings trading 5,165 shares to close 4 cents higher at $64.34, National Enterprises had 2,300 shares changing hands, climbed 1 cent to end at $17.21 and Unilever Caribbean ended trading with 254 shares to close at a new 52 weeks’ high of $66.42 after adding 3 cents.
Declines| West Indian Tobacco traded 2,500 shares to close at $125.35 with a loss of 65 cents.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, ANSA McAl with 1,346 shares changing hands and ended at $67.25. First Citizens Bank with 19,349 shares carrying a value of $691,727 trading, closed at $35.75, Flavorite Foods traded 192,070 units with a value of $921,936 and ended at $4.80, Prestige Holdings traded at $9.89, with 900 units changing hand, Republic Bank closed with 6,354 shares traded with a value of $730,710, to end at $115. Sagicor Financial closing with 3,000 shares to end at $6.27 and Trinidad Cement traded 622,000 shares valued at $1,803,800 and closed at $2.90.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bid higher than their last selling prices and 3 stocks with offers that were lower.

Scotia Group pushes Indices down

At mid-day Scotia Group fell back to $23.21 from $34.50 at the close on Thursday, to be the main contributor to the morning fall in the market on Friday. Trading on the Jamaica Stock Exchange continued with 19 securities traded, 6 stocks rose and 8 declined. A JSE Intra trd 3-07-15total volume of just over 2,166,651 shares have changed hands at mid-day.
The all Jamaican Composite index dropped 1,254.12 points to 108,369.89 points, JSE Combined Index declined 1,099.60 points to 100,340.99, JSE Index trades at 97,904.53 points after shedding 1,122.01 points and Junior Market Index fell to 886.69, down by 4.61 points.
The most noticeable trades so far are, Cable & Wireless trading 412,500 units at 46 cents, Gleaner traded at a new 52 weeks’ high of $1.53 after trading 10,000 shares, with the stock rising 53 percent since June 16. Pulse at a new 52 weeks’ high of 75 cents with 55,000 shares trading, Sagicor Group with 507,673 shares at $13, Scotia Group that traded at $23.21, a fall $1.44 with 812,616 shares, and Supreme Ventures at $4 a new 52 weeks’ high, with 96,275 shares trading.

4 stocks rose on TTSE

TTSEDailyTRading280x150 Trading on the Trinidad & Tobago Stock Exchange picked up a bit on Thursday with 15 securities changing hands of which 4 advanced, 3 declined, 8 traded firm, with a total of 378,246 units valued at $3,700,929 changing hands, more than twice Wednesday’s volume of 150,955 shares.
At the close of the market, the Composite Index declined by 2.31 points to close at 1,159.67, the All T&T Index lost 0.68 points to 1,969.93 and the Cross Listed Index fell 0.53 point at 45.84.
Gains| In trading, ANSA Merchant Bank ended with 1,000 shares changing hands at $38.95, to gain 4 cents, CLICO Investment Fund ended with 28,320 units changing hands, valued at $640,315 and closed 1 cent higher at $22.61. Grace Kennedy added 21,385 shares, 10 cents higher at $3.60 and Massy Holdings trading 88 shares to close at $64.30 and gained 1 cent.
Declines| Guardian Holdings had 7,475 units changing hands with a loss of 7 cents to end at $13.93, National Commercial Bank traded 12,862 shares and fell 9 cents to close at $1.70 and One Caribbean Media ended trading with 2,124 shares at $22 after shedding 40 cents, to close at a 52 weeks’ low.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Angostura Holdings trading 6,749 units at $13.90, Firstcaribbean International Bank with 54,375 shares trading, valued at $271,875 and closed at $5. TTSE 2-7-15First Citizens Bank ended trading with 51,376 shares carrying a value of $1,836,692, to close at $35.75, National Flour Mills with 8,890 shares changing hands and ending at $2.05, Point Lisas Industrial Port traded at $3.95, with 4,500 units changing hands. Republic Bank closed with only 25 shares being purchased at $115, Sagicor Financial closing with 1,700 shares to end at $6.27 and Trinidad Cement traded 177,377 shares valued at $514,393 and closed at $2.90.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than their last selling prices and 4 stocks with offers that were lower.

4 stocks rose on TTSE

Scotiabank traded 42,355 shares carrying a value of TT$2,642,175

Scotiabank traded 42,355 shares carrying a value of TT$2,642,175

Trading on the Trinidad & Tobago Stock Exchange picked up a bit on Tuesday. The market ended with 11 securities changing hands of which 4 advanced, 1 declined, 6 traded firm, with a total of 320,241 units, valued at $5,795,458 changing hands.
At the close of the market, the Composite Index rose 0.58 points to close at 1,161.95, the All T&T Index advanced by 1.10 points to 1,970.55 and the Cross Listed Index gained 0.01 point at 46.37.
Gains| National Enterprises had 2,500 shares changing hands, climbed 10 cents to end at $17.20, Sagicor Financial closing with 210,250 shares valued at $1,318,268, the price edged up 1 cent to $6.27. Point Lisas Industrial Port traded at $3.95, for 5 cents more, with 10,355 units changing hands and Scotiabank traded 42,355 shares carrying a value of TT$2,642,175 to close at $62.30 with a gain of 5 cents.
Declines| Massy Holdings trading 35 shares to close at $64.34.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, ANSA McAl with 500 shares changing hands and ended at $67.25. TTSE sum 30-6-15CLICO Investment Fund with 33,780 units valued at $479,005 changing hands, closed at $22.60, First Citizens Bank with 13,402 shares trading to close at $35.75, Flavorite Foods ended trading with 1,400 shares at $4.80, Guardian Media had 481 shares at $19.76 and Republic Bank closed with 2,433 shares being purchased at $115.01 with a value of $4,273,073.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than their last selling prices and 6 stocks with offers that were lower.

Trading low keyed on TTSE

TTSEDailyTRading280x150 Trading on the Trinidad & Tobago Stock Exchange remained subdued on Monday, the market ended with 10 securities changing hands of which 1 advanced, 4 declined, 6 traded firm, with a total of 134,168 units, valued at $6,531,028 changing hands.
At the close of the market, the Composite Index lost 0.15 points to close at 1,161.37, the All T&T Index fell 0.30 points to 1,969.45 and the Cross Listed Index remained at 46.36.
Gains| Point Lisas Industrial Port traded at a new 52 weeks’ high of $3.90 with just 600 units changing hands and gained 7 cents and Republic Bank closed with 37,154 shares being purchased 1 cent up at $115.01 with a value of $4,273,073.
Declines| National Flour had 10,566 shares changing hands fell 5 cents to end at $2.
TTSE sum 29-6-15
Firm Trades| Stocks closing with prices unchanged at the end of trading are, ANSA McAl with 6,798 shares changing hands for $457,166 ended at $67.25. CLICO Investment Fund with 74,493 units valued at $1,683,541 changing hands at $22.60, Firstcaribbean International Bank ended trading with 1,500 shares at $5, First Citizens Bank with 1,604 shares trading to close at $35.75. Massy Holdings trading 35 shares to close at $64.34, Sagicor Financial closing with 1,100 shares at $6.26, and Scotiabank traded 318 shares to close at $62.25.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than their last selling prices and 4 stocks with offers that were lower.

Huge forex trading in Jamaica Friday

NCB buys US$32.9m on Friday

NCB buys US$32.9m on Friday

Friday was a huge day for trading in foreign currencies in Jamaican as foreign exchange dealers bought the equivalent of US$109,789,460 or US$23,322,004 more than the amount sold, in contrast to only US$29,947,285 on Thursday, while they sold the equivalent of US$86,467,457 versus just US$27,593,054 previously.
Scotia Bank bought US$18.7 million and sold US$16.8 million while National Commercial Bank bought US$32.85 and sold only US$21.5 million, the next largest trade was Sagicor Bank with US$10.9 million bought to US$8.6 million sold.
In US dollar trading, dealers bought US$104,883,104 compared to US$27,666,499 on Thursday. The buying rate for the US dollar increased 50 cents to $116.72 and US$83,731,477 was sold versus US$26,103,111 on Thursday, the selling rate rose 3 cents to $116.92. The Canadian dollar buying rate rose $1.05 to $93.36 with dealers buying C$2,034,353 and selling C$1,742,563, at an average rate that rose 2 cents to $94.44. FX sum 26-6-15rThe rate for buying the British Pound gained 48 cents to $181.84 for the purchase of £1,661,063, while £785,759 was sold, at an average rate that climbed 34 cents to $183.71. At the end of trading, it took J$130.83 to purchase the Euro, 20 cents more than on Thursday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.13 for 21cents more than Thursday’s rate. Other currencies bought, amounted to the equivalent of US$691,331, while the equivalent of US$93,900 was sold.
Highs & Lows| The highest buying rate for the US dollar dipped 12 cents to $117.10, the lowest buying rate jumped $4.91 to $95.61. The highest selling rate remained at $122.52 and the lowest selling rate jumped $17.69 to $113.30.FX hl 26-6-15rv The highest buying rate for the Canadian dollar moved down $1.40 to $94.60, the lowest buying rate remained at $74.95. The highest selling rate declined $1.45 to $96.55 and the lowest selling rate rose $1.50 to $91.80. The highest buying rate for the British Pound, rose 85 cents to $185, the lowest buying rate remained at $147.74, with the highest selling rate rising $1.08 to $188 and the lowest selling rate climbed $1.70 to $179.70.

Trading returns to norm on TTSE

Republic Bank may have bottomed out & seems poised to rise.

Republic Bank may have bottomed out & seems poised to rise.

Trading on the Trinidad & Tobago Stock Exchange returned to lower levels investors have become accustomed to in recent months and cooled from high level enjoyed on Thursday when Republic Bank accounted for $30.56 million and Clico Investment with $11 million of the total value of trading.
On Friday the market ended with 11 securities changing hands of which 1 advanced, 4 declined, 6 traded firm, with a total of 642,830 units, valued at $1,697,215 changing hands. At the close, the Composite Index lost 0.43 points to close at 1,161.52, the All T&T Index fell 0.64 points to 1,969.75 and the Cross Listed Index declined by a mere 0.03 points to end at 46.36.
Gains| Unilever Caribbean traded at a new 52 weeks’ high of $66.39 with just 315 units changing hands.
TTSE sum 26-6-15 Declines| ANSA McAl with 700 shares changing hands fell 25 cents to end at $67.25, First Citizens Bank with 1,575 shares trading closed 1 cent lower at $35.75. Grace Kennedy traded 157,665 shares valued at $551,838 for a loss of 3 cents to end at $3.50 and One Caribbean Media had 1,101 units changing hands and lost 2 cents at $22.40.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, CLICO Investment Fund with 8,200 units valued at $185,320 changing hands at $22.60, JMMB Group closing with 362,964 shares with a value of $165,037 to end at 45 cents. Massy Holdings trading 1,647 shares to close at $64.34, National Flour had 104,708 shares changing hands valued at $214,251, to end at $2.05, Republic Bank ended trading with 1,509 shares valued at $173,535 to close at $115. Republic closed with a bid to purchase 7,686 shares at $115 with an offer to sell 1,754 units at $116, an indication that the decline in price may now be over with some recovery may be on the way with the big trade on Thursday. Scotiabank traded 2,446 shares with a value of $152,264 to close at $62.25.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than their last selling prices and 3 stocks with offers that were lower.

Republic’s huge trade on TTSE

Republic_bank The big trades on Thursday on the Trinidad Stock Exchange were Republic Bank with $30.56 million and Clico with $11 million as trading ended with 13 securities changing hands. The market closed with 7 stocks advancing, 1 declined and 6 trading firm, with a total of 798,710 units, valued at $42,543,547.
At the close of the market, the Composite Index gained 1.17 points to close at 1,161.95, the All T&T Index advanced by 2.25 points to 1,970.39 and the Cross Listed Index rose by a mere 0.01 points to end at 46.39.
Gains| ANSA Mcal with 7,330 shares with a value of $494,775 changing hands and gained 25 cents to end at $67.50, CLICO Investment Fund traded 488,200 units valued at $11,028,620 in closing 3 cents higher at $22.60, First Citizens Bank with 950 TTSE sum 25-6-15shares trading, closed with a gain of 1 cent at $35.76. Republic Bank ended trading with 265,805 shares valued at $30,564,889, to gain 10 cents, at $115, Sagicor Financial Corporation traded 15,237 shares, to close 1 cent higher, at $6.25, Scotiabank traded 4,505 shares with a value of $280,436 to close 5 cents higher, at $62.25 and West Indian Tobacco closed with just 200 shares trading, to gain 50 cents to $126.
Declines| Prestige Holdings is the only stock declining at the close with a 1 cent loss to $9.85 with 1,000 shares trading.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, National Flour had 3,728 shares to end at $2.05, Massy Holdings traded 100 shares to close at $64.34, National Enterprises traded 500 units at $17.10, Praetorian Property Mutual Fund traded 8,000 units at $3.10 and Trinidad Cement with 16,889 shares at $2.90.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than their last selling prices and 3 stocks with offers that were lower.