Sagicor — Page 2

4 new highs on TTSE – Tuesday

March 1, 2016 by IC Insider.com

FirstCaribbean International Bank jumped 44 cents to close at a 52 weeks’ high of $6

Trading activity ended on the Trinidad & Tobago Stock Exchange on Tuesday with 306,834 shares valued at $1,432,288 trading with the market indies climbing strongly. The market ended with 13 active securities of which, 5 rose, 4 fell and 4 remained unchanged. Four stocks ended at 52 weeks’ highs and one at a low.
The Composite Index advanced by 7.67 points to close at 1,167.63, the All T&T Index declined by 1.95 points to close at 1,898.01 and the Cross Listed Index gained 2.37 points to close at 57.93.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator has turned negative with 2 stocks with bids higher than the last selling price and 10 with offers that were lower.
Gains| FirstCaribbean International Bank traded 8,000 shares and jumped 44 cents to close at a 52 weeks’ high of $6, Grace Kennedy jumped 19 cents to close at a 52 weeks’ high of $4.90 while trading 2,500 shares, National Flour with 2,056 shares changing hands closed with a gain of 1 cent at $1.81. Sagicor Financial Corporation closed with 41,680 shares changing hands to gain 28 cents at a 52 weeks’ high of $7 and Scotia Investments traded 94,864 shares with a gain of 1 cent to close at a 52 weeks’ high of $1.81.
TTSE 01-03-16

Losses| Clico Investments lost 1 cents in trading 16,088 shares to close at $22.50, Massy Holdings ended with 1,860 shares changing hands as the price slipped $1 to end at a 52 weeks’ low of $58. Republic Financial Holdings lost 1 cent to close at $112.14 with 1,570 shares changing hands and West Indian Tobacco traded 181 shares to close at $126.29 after slipping 1 cent.
Firm Trades| First Citizens traded 55 shares at $35, JMMB group traded 100,000 shares at 60 cents, National Commercial Bank traded 32,980 shares to close at $2.40 and Trinidad and Tobago NGL closed at $19 with 5,000 units trading.

Just 20,366 TTSE shares trade on Friday

February 26, 2016 by IC Insider.com

Scot Inv buld Trading activity sank to a very low level on the Trinidad & Tobago Stock Exchange on Friday, with a mere 20,366 shares valued at $336,803 trading. The market ended with 12 active securities of which, 3 rose gained, 3 fell and 6 remained unchanged, including 2 ending at 52 weeks’ highs and 2 at 52 weeks’ lows.
The Composite Index lost 1.87 points to close at 1,158.46, the All T&T Index fell 4.52 points to close at 1,896.48 and the Cross Listed Index gained 0.11 points to close at 55.63.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator has turned negative with 6 stocks with bids higher than the last selling price and 10 with offers that were lower.
Gains| Sagicor Financial Corporation closed with 3,733 shares changing hands with a rise of 10 cents at a 52 weeks’ high of $6.80. Republic Financial Holdings rose 3 cents to close at $112.15, with 580 shares changing hands and Scotia Investments contributed 2,500 shares while gaining 6 cents, to close at a 52 weeks’ high of $1.80, the equivalent of J$33.90, but the stock traded at J$30 in Jamaica.
TTSE sum 26-02-16 Losses| Clico Investments traded 7,685 shares to close at $22.51 with a loss of 4 cents, National Enterprises closed with 312 shares changing hands at $14.45 after losing 33 cents, to close at a 52 weeks’ low andScotiabank contributed only 323 shares while dropping 14 cents to close at a 52 weeks’ low of $59.75.
Firm Trades| First Citizens closed with 142 shares changing hands at $35, National Flour traded 1,000 shares to close at $1.80. Point Lisas ended with 170 shares trading, to close at $4, Trinidad and Tobago NGL closed at $19 with 1,518 units trading, Trinidad Cement traded 2,400 shares at $3.51 and West Indian Tobacco closed at $112.30 with 3 shares changing hands.

Filed Under: Stock Market, TTSE Market Tagged With: clico, Clico Investment Fund, Daily Trading, First Citizens, JMMB Group, National Flour Mills, Point Lisas, Republic Financial Holdings, Sagicor, Sagicor Financial Corporation, Scotiabank, Trinidad and Tobago NGL, Trinidad Cement, TTSE

5 TTSE stocks fell 3 up – Wednesday

February 24, 2016 by IC Insider.com

Sagicor Financial traded at a 52 weeks; high on Wednesday

Trading activity ended with 12 stocks active securities on the Trinidad & Tobago Stock Exchange on Wednesday of which, 3 rose, 5 fell and 4 remained unchanged with 2 ending at 52 weeks’ highs. A total of just 135,968 shares valued at $2,823,492 traded.
The Composite Index rose 0.21 points to close at 1,160.40, the All T&T Index fell 0.16 points to close at 1,901.80 and the Cross Listed Index gained 0.08 points to close at 55.43.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator has turned negative with 7 stocks with bids higher than the last selling price and 9 with offers that were lower.
Gains| First Citizens rose 1 cent while trading 22,620 shares at $35, with a value of $791,618, Grace Kennedy had 2,100 units changing hands at a 52 weeks’ high of $4.71 for a 5 cents gain and Sagicor Financial Corporation with 7,259 shares changing hands, gained 4 cents to end at a 52 weeks’ high of $6.70.
Losses| Clico Investments traded 16,470 shares to close at $22.50 with a loss of 1 cent, Guardian Holdings fell 15 cents to close at $13.95 with 1,130 shares changing hands, National Flour traded 50,000 shares and fell 1 cent to close at $1.79. TTSE sum 24-02-16 Republic Financial Holdings lost 3 cents to close at $112.12 with 10,341 shares changing hands, at a value of $1,159,436 and West Indian Tobacco shed 5 cents to close at $112.30 with 458 shares changing hands.
Firm Trades| Agostini’s traded 500 shares at $17.01, Angostura Holdings ended with 358 shares changing hands at $13.60, Trinidad and Tobago NGL closed at $19 with 12,384 units trading and Trinidad Cement traded 13,478 shares at $3.51.

Filed Under: Stock Market, TTSE Market Tagged With: Agostini's, Angostura Holdings, Ansa Merchant Bank, clico, Clico Investment Fund, Daily Trading, First Citizens, Grace Kennedy, Guardian Media, National Flour Mills, Republic Bank, Republic Financial Holdings, Sagicor, Sagicor Financial Corporation, Trading Activity, Trinidad and Tobago NGL, Trinidad Cement, West Indian Tobacco

4 stocks declined on TTSE – Friday

February 19, 2016 by IC Insider.com

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Grace Kennedy closed at a 52 weeks’ high Friday

Trading activity ended with 11 stocks active securities on the Trinidad & Tobago Stock Exchange on Friday of which, 2 stocks rose, 4 fell and 5 remained unchanged with 2 ending at 5 weeks’ highs and 1 closing at 52 weeks’ highs low. A total of 383,531 shares valued at $1,249,010 traded.
The Composite Index rose 0.01 points to close at 1,159.08, the All T&T Index fell 0.31 points to close at 1,903.48 and the Cross Listed Index gained by 0.04 points to close at 54.83.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator has turned negative with 5 stocks with bids higher than the last selling price and 10 stocks with offers that were lower.
Gains| Grace Kennedy closed with a rise of 3 cents at a 52 weeks’ high of $4.68 while trading 13,000 shares and Sagicor Financial traded 4,526 shares to end at a 52 weeks’ high of $6.65 after gaining 5 cents.
Losses|First Citizens lost 1 cent with 242 shares changing hands to end at $34.99, TTSE sum 19-02-16 Guardian Holdings fell 2 cents as 1,032 shares changed hands to close at $14.17, Massy Holdings closed with 40 shares trading and lost 2 cents to end at a 52 weeks’ low of $59.47 and National Flour traded 26,775 shares and fell 5 cents to $1.95.
Firm Trades| Calypso Macro Index Fund traded 2,000 units at $25, Clico Investments traded 26,383 shares to close at $22.56, JMMB Group traded 285,832 shares at 59 cents, Trinidad and Tobago NGL closed at $19 with 14,696 units trading and Trinidad Cement traded 9,005 shares at $3.51.

Filed Under: Stock Market, TTSE Market Tagged With: Calypso Macro Index Fund, Clico Investment Fund, Daily Trading, First Citizens, Grace Kennedy, Guardian Holdings, JMMB Group, Massy Holdings, National Flour, Sagicor, Sagicor Financial Corporation, Trading Activity, Trinidad and Tobago NGL, Trinidad Cement, TTSE

Activity picks up on TTSE – Wednesday

February 3, 2016 by IC Insider.com

Guardian on the move on the TTSE

The Trinidad & Tobago stock market closed with 11 securities being active on Wednesday, up from 7 on Tuesday with 4 stocks gaining, 3 declining with the prices of 4 remaining unchanged as the stock prices of 2 companies hit 52 weeks’ lows and 1 52 weeks’ high. A total of 346,177 shares changed hands valued at $895,825.
The Composite Index fell 0.16 points to 1,161.97, the All T&T Index lost 0.63 points to 1,927.83 and the Cross Listed Index advanced by 0.05 points to 52.27.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator has turned negative with only 5 stocks with bids higher than the last selling price and 5 stocks with offers that were lower.
Gains| Guardian Holdings gained 5 cents with 430 shares changing hands to close at $14.25, Sagicor Financial added 1,200 shares and closed at a 52 weeks’ high of $6.51, to gain 1 cent. Scotia Investments had 4.500 units changing hands at a $1.64, for a 4 cents gain and Unilever Caribbean ended with 2 cents rise with 8,217 shares trading at $67.82.
Losses| Massy Holdings ended with 80 shares changing hands as the price dropped 20 cents to end at a 52 weeks’ low of $59.60, National Flour contributed 25,000 shares but lost 8 cents in closing at $2.19 and Trinidad and Tobago NGL fell 11 cents, in trading 3,038 shares at a new 52 weeks’ low of $18.89.
Firm Trades| Clico Investment Fund traded 1,140 shares to close at $22.50, First Citizens Bank traded 8 units at $35, JMMB Group had 301,724 units changing hands to close at 55 cents and Prestige Holdings with 840 units and ended at $10.25.

Filed Under: Stock Market, TTSE Market Tagged With: Clico Investment Fund, Daily Trading, First Citizens, Guardian Holdings, JMMB, JMMB Group, Massy Holdings, National Flour Mills, Prestige Holdings, Sagicor, Sagicor Financial Corporation, Scotia Investments, Trading Activity, Trinidad and Tobago NGL, TTSE, Unilever Caribbean

NCB at J$45.20 on TTSE – Friday

January 29, 2016 by IC Insider.com

NCB’s traded on Friday at TT$2.40 or J$45.20 on TTSE

National Commercial Bank traded at a 10 percent premium over the last traded price of $41 in Jamaica on Friday, as the stock hit a 52 weeks’ high of TT$2.40 in Trinidad, having gained 12 cents while trading 52,325 shares. The gain stems from the company posting a 12 percent increase in profit for the quarter, to December last year.
National Commercial Bank stock remains in demand with a bid of $2.35 to purchase 121,645 shares and an offer to sell 14,053 units at $2.40.
The market closed with 15 securities being active on Friday with 5 stocks gaining, 2 declining with the prices of 8 remaining unchanged as the stock prices of 3 companies hit 52 weeks’ high and one stock closed at a 52 weeks’ low. A total of 323,981 shares changed hands valued at $3,160,392.
The Composite Index advanced by 0.87 points to 1,163.31, the All T&T Index lost 2.10 points to 1,931.28 and the Cross Listed Index gained 0.53 points to end at 52.16.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator has turned negative with only 6 stocks with bids higher than the last selling price and 9 stocks with offers that were lower.
Gains| Grace Kennedy traded 1,300 shares to gain 3 cents and closed at a 52 weeks’ high of $4.15, Guardian Holdings had 966 units changing hands and gained 2 cents to close at $14.20, Prestige Holdings contributed 103,621 shares with a value of $1,060,013 and rose 4 cents while closing at a 52 weeks’ high of $10.23 and Scotia Investments contributed 90,246 shares with an increase of 2 cents to close at $1.60.
Losses| National Flour lost 6 cents to end with 1,793 shares changing hands at $2.27 and the late 2015 listed Trinidad and Tobago NGL fell 89 cents to a new 52 weeks’ low of $19.10 with 42,256 shares valued at $807,090 changing hands as lower energy prices puts pressure on revenues.

Firm Trades| Angostura Holdings ended with 850 shares changing hands to end at $13.60, Ansa Merchant Bank traded 3,631 units at $38.96, Clico Investment Fund traded 23,550 shares valued at $529,876 to close at $22.51. First Citizens Bank had just 25 shares changing hands at $35. Republic Financial Holdings closed at $112 with 2,730 shares changing hands, Sagicor Financial added only 588 shares and closed at $6.50, Scotiabank closed with 50 shares changing hands to end at $61 and West Indian Tobacco traded 50 units to close at $126.30.

Filed Under: Stock Market, TTSE Market Tagged With: Angostura Holdings, Ansa Merchant Bank, clico, Clico Investment Fund, First Citizens, Jamaican Stock, JMMB Group, Massy Holdings, National Commercial Bank, National Flour Mills, Republic Bank, Republic Financial Holdings, Sagicor, Sagicor Financial Corporation, Scotia, Scotiabank, Trinidad and Tobago NGL, TTSE, West Indian Tobacco

51m C&W shares trade in JSE morning session

January 21, 2016 by IC Insider.com

Fifty one million units of Cable & Wireless shares traded in the morning session on the Jamaica Stock Exchange with 48.7 million units resulting from a cross executed by Sagicor Investments at $1.50. Mayberry Investments bought over 2 million units at $1.50. Supply for the stock has been declining for a while with demand improving ahead of the release of the December results due within three weeks.
There has been moderate movement in the market indices in the morning session with stock prices trading close to yesterday’s close. Of note is that Barita Investments fell by $1.23 to $4.05 with 15,000 shares, Jamaica Broilers traded at $13.10 with 16,676 shares, Sagicor Group had 18,885 units trading at $22.50 for an increase of 90 cents and Supreme Ventures saw trading in 395,000 shares with an increase of 35 cents to $5.50
After 75 minutes of trading, the all Jamaica Composite Index rose 1,042.21 points to 174,133.39 the JSE Market Index gained 932.58 points to 156,750.11, the JSE combined index rose 904.48 points to 168,117.40 and the junior market index rose 2.78 points to 2,249.10. In trading, 24 securities were active and accounted for 51,732,316 units changed hands with 9 stocks rising and 7 falling.

Filed Under: JSE Main Market, Stock Market Tagged With: C&WJ, Daily Trading, Jamaica Broilers, Jamaican Stock, Mayberry, Sagicor, Sagicor Group, Supreme Ventures

Citizens dominate with $10.7m trade

January 15, 2016 by IC Insider.com

Activity on the Trinidad and Tobago Stock Exchange continued with moderate trading with 9 active securities on Friday with First Citizens having the largest trade accounting for $10.7 million but no stock declined at the close of the market. At the close 2 stocks advanced, none declined, with the prices of 7 remaining unchanged. A total of 351,327 shares changed hands valued at $10,807,413.
The Composite Index ended with a gain of 0.68 points to 1,164.82 the All T&T Index rose 0.34 points to 1,941.11 and the Cross Listed Index gained 0.14 to end at 51.22.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator has turned negative with only 2 stocks with bids higher than the last selling price and 10 stocks with offers that were lower.
Gains| Guardian Holdings gained 7 cents with 480 shares changing hands to close at $13.51 and Point Lisas gained 1 cent with 3,697 shares trading to close at $3.93.
Firm Trades| Clico Investment Fund traded 1,143 shares to close at $22.75, First Citizens had 305,826 shares changing hands for a value of $10,703,910 changing hands at $35, JMMB Group traded 27,580 units at 55 cents. National Commercial Bank closed at $2.30 while trading 4,527 shares. National Flour Mills traded 2,000 units at $2.50, Sagicor Financial Corporation ended with 2,019 shares changing hands at $6.50 and West Indian Tobacco closed at $126.29 as 29 shares changed hands.

Filed Under: Stock Market, TTSE Market Tagged With: clico, Clico Investment Fund, Daily Trading, First Citizens, JMMB Group, National Commercial Bank, National Flour Mills, Sagicor, Sagicor Financial Corporation, Trading Activity, West Indian Tobacco

TTSE ends 2015 mixed

December 31, 2015 by IC Insider.com

The last trading day of 2015 saw mixed fortune for the Trinidad and Tobago Stock Exchange with 2 stocks rising and 2 declining as the market closed with 10 active securities with the prices of 6 remaining unchanged. A total of 285,623 shares changed hands valued at $826,260.
The Composite Index ended with a gain of 0.44 points to 1,162.30, the All T&T Index fell 0.05 points to 1,948 50 and the Cross Listed Index rose 0.12 points to end at 49.51.
IC bid-offer Indicator| At the end of trading there are signs that the number of stocks gaining could rise with IC Bid indicator showing an increase number of stocks with higher bids than in recent trading days. The Investor’s Choice bid-offer indicator had 6 stocks with bids higher than the last selling price and 6 stocks with offers that were lower.
Gains| JMMB Group gained 2 cents in trading 235,000 shares to close at 55 cents and Trinidad and Tobago NGL gained 7 cents, to end at $21.50 with 25,000 shares changing hands valued at $537,500.
Declines| Scotiabank closed with 500 shares changing hands with a 1 cent loss to end at $61.94 and Trinidad Cement closed with a loss of 1 cent at $3.99 with 100 shares changing hands.
Firm Trades| Trading in First Citizens ended with 939 units changing hands to close at $35, Grace Kennedy had 7,212 units changing hands at $4.05, Guardian Holdings ended with 260 shares trading at $13.25. National Commercial Bank closed at $2.10 while trading 14,610 shares and National Flour Mills contributed 300 shares in closing at $2.70 and Sagicor Financial Corporation traded 372 shares and closed at $6.20

Filed Under: Stock Market, TTSE Market Tagged With: Daily Trading, First Citizens, Firstcaribbean International Bank, Grace Kennedy, JMMB, JMMB Group, National Commercial Bank, National Flour Mills, NCB, Sagicor, Sagicor Financial Corporation, Scotiabank, Trinidad and Tobago NGL, Trinidad Cement, TTSE

JSE down early Thursday trading

December 31, 2015 by IC Insider.com

The JSE main market suffered reversal of the big gains recorded on Wednesday, as Scotia Group pulled back from the closing price of $31.49 to $30, helping to knock 1,006 points off the all Jamaica composite index and pushing the other main market indices down sharply as well. The junior market inched up a bit as trading volumes are light on the final trading day of 2015.
The all Jamaica Composite Index declined by 1,006.49 points to 165,379.60 the JSE Market Index declined 900.62 points to 148,917.14, the JSE combined index fell by 843.70 points to 156,609.79 and the junior market index is up 0.75 points to 1,792.90.
A total of 23 securities traded amounting to 423,132 units changing hands with 13 rising, while 4 declined.
Interesting trades include, Gleaner Company with just a small volume at $1.30 but now has a bid to buy 16,000 units at $2 with the offer at $2.50, this comes after shareholders in Radio Jamaica and the Gleaner voted on Wednesday to approve the merger of the Gleaner’s media business with Radio Jamaica. Pan Jamaican Investment traded just 4,140 shares at $94 for a $1 gain, Sagicor Group traded only 424 shares at $18.51 but has a bid at $19 which is 49 cents higher than they last sale price with only one offer at $20.05 to sell a mere 2,000 shares and Scotia Group traded 95,636 units with the last transaction at $30.