Prices mostly down on TTSE

October 2, 2015 by

Unilever products - the company's stock closed at a 52 weeks' high on Friday

Unilever products – the company’s stock closed at a 52 weeks’ high on Friday

Trading on the Trinidad & Tobago Stock Exchange on Friday ended with 9 securities trading, 1 stock traded higher, 3 declined and 5 remained unchanged as a total of 246,043 units traded, valued at $5,061,328.
At the close the Composite Index ending with a modest loss of 0.11 at 1,147.13, the All T&T Index lost 0.08 to 1,950.03 and the Cross Listed Index fell 0.02 to 45.16.
Gains| Unilever Caribbean ended with 45 shares trading 1 cent up, for a new 52 weeks’ high of $67.26.
Losses| Grace Kennedy had 77,892 units a value of $280,416 changing hands at $3.60 for a 4 cents loss, Sagicor Financial Corporation closed with 45,000 shares valued at $269,550 changing hands, 1 cent lower at $5.99 and Point Lisas traded 5,135 shares at $3.96 after shedding 10 cents.
TTSE sum 2-10-15 Firm Trades| Clico Investment Fund with 2,000 shares changing hands to closed at $22.50. First Citizens Bank traded 1,741 shares to close at $35, Guardian Holdings with 41,987 shares changing hands for a value of $550,869, closed at $13.12, National Flour ended trading with 250 shares changing hands, and closed at $1.98 and Trinidad Cement closed with 148 shares changing hands at $3.15.
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 7 stocks with offers that were lower.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , ,

Price changes aplenty & no direction for JSE

September 29, 2015 by

JSE sign 2The Jamaica Stock Exchange saw low trading activity on Tuesday and at the close, there were 10 stocks rising, 11 declining with 30 securities totalling 986,801 units, valued at $11,478,835 changing hands, in all market segments. Trading in the main market was very light with only 745,029 shares trading.
The main market indices enjoyed a second day of increases with the JSE Market Index added 77.06 points to 96,433.55, the JSE All Jamaican Composite index gained 86.11 points to 106,726.20 and the JSE combined index rose 180.75 to end at 99,807.18 points.
JSE Sum -29- 9-15 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 9 stocks with bids higher than their last selling prices and 3 with offers that were lower.
In trading, Cable and Wireless rose 2 cents with 85,687 shares changing hands, to close at 51 cents, Caribbean Cement had 150,477 shares trading with a 29 cents rise, to $8, Carreras lost 20 cents in trading 9,195 shares and ended at $48.90, Desnoes & Geddes traded 28,656 shares to end at $6.60 for a fall of 40 cents. Grace Kennedy had 50,670 shares changing hands at $64, JSE fn qts 29-9-15 Jamaica Broilers traded at $6 with 55,760 shares changing ownership and gained 30 cents, Jamaica Stock Exchange traded 56,000 shares at $7.50, JMMB Group traded 51,620 units to end at $7.65, National Commercial Bank had 28,578 units changing hands and ended at $27.52 after losing 23 cents. Pan Jamaican traded 11,090 shares to close at $61.71. Radio Jamaica traded at $3.08 with 13,820 shares changing hands. Sagicor X Fund with 12,000 shares closed with a gain of 39 cents to end at $7.40, Scotia Group lost 95 cents in ending at $24 while 25,457 shares traded and Scotia Investments gained 1 cent to land at $25.01 with 55,000 units.

Filed Under: JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , ,

Republic at 1 year low on TTSE Wednesday

September 23, 2015 by

RBTT Republic Bank traded at a new 52 weeks’ low on the Trinidad & Tobago Stock Exchange on Wednesday and was the sole stock declining. The market closed with 12 securities trading with 1 stock trading higher, I declining and 10 remained unchanged as a total of 104,110 units traded, valued at $1,251,672.
At the close the Composite Index ending with a modest gain of 0.04 at 1,148.16, the All T&T Index added just 0.09 to 1,951.99 and the Cross Listed Index remained at 45.17.
Gains| Guardian Holdings with 22,009 shares with a value of $287,437 changing hands and closed 4 cent higher at $13.06.
Losses| Republic Bank suffered a loss of 3 cent to close at a 52 weeks’ low of $112.90 with 2,000 shares changing hands, at a value of $227,860.
Firm Trades| ANSA McAL contributed 125 shares in trading, to close unchanged at $67.25, Clico Investment Fund closed with a volume of 19,567 shares valued at $440,454 changing hands to end at $22.51, First Citizens Bank had 1,158 shares changing hands at $35, TTSE 23-9-15FirstCaribbean International Bank traded 1,317 shares to close at $5.02. Flavorite Foods traded 104 shares at $4.80, Massy Holdings traded 520 shares at $62.50, Sagicor Financial Corporation closed with 13,353 shares changing hands at $6, Scotia Investments ended at $1.60 after trading 17,388 shares, Scotiabank closed with 300 shares changing hands unchanged at $62.50 and Trinidad Cement had 26,269 shares changing hands and ended at $3.15.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 7 stocks with the bid higher than their last selling prices and 6 stocks with offers that were lower.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , ,

Only 6 TTSE’s stocks trade on Tuesday

September 22, 2015 by
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stocks The Trinidad & Tobago Stock Exchange closed Tuesday with only 6 securities trading. One stock traded higher and the rest remained unchanged as a total of 168,975 units, valued at $3,420,935 changed hands.
At the close all the indices remained unchanged with the Composite Index ending at 1,148.12, the All T&T Index at 1,951.90 and the Cross Listed Index at 45.17.
Gains| Clico Investment Fund closed with a volume of 127,046 shares valued at $2,859,805 changing hands 1 cents higher at $22.51.
Firm Trades| First Citizens Bank had 2,250 shares changing hands at $35, TTSE 22-9-15upOne Caribbean Media traded 150 shares at $22. Sagicor Financial Corporation closed with 31,647 shares changing hands at $6, Trinidad Cement had 5,720 shares changing hands and ended at $3.15 and West Indian Tobacco traded 2,162 shares valued at $271,180 to close at $125.43.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than their last selling prices and 7 stocks with offers that were lower.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , ,

Undervalued Pan Jam few look at

September 21, 2015 by

Pan JamPan Jamaican Investment Trust is one undervalued company that not many investors seem to be paying much attention at even as many seem to be piling into a few sexy overvalued ones, ignoring the gains being make in the bottom-line of the company. Net profit attributable to owners of Pan Jamaican Investment Trust increased 24 percent for the June 2015 quarter to $853 million, from $688 million in the 2014, second quarter.
Pan Jam generated net profit attributable to owners for the six months to June with an increase of 28 percent to $1.4 billion from $1.09 billion for 2014. Profits resulted in earnings per stock unit of $4.07 for the 2015, second quarter and $6.65 for the six months. Earnings for the year should be in the range of $15-17 per share. The stock traded last at $61.71 while the book value is at $105 per share.
Investment income of $158 million in the second quarter is 28 percent higher than last year’s comparable quarter’s income of $123 million. Year to date, investment income declined 25 percent from the 2014 period to $193 million. Investment income fell due a number of factors, “principally as a result of a profitable conclusion to a real-estate related investment in Canada, which more than offset lower foreign exchange gains of $33 million, versus $42 million last year, dividends and interest of $35 million, versus $45 million last year and trading gains of $26 million, versus $32 million last year. Year to date investment income of $193 million is 25 percent behind last year due principally to reduced foreign exchange gains of $31 million, versus $83 million last year, and trading gains of $12 million versus $37 million last year” the company said in a release accompanying the financials.

Rapid True Value owned by Hardware & Lumber an associate of Pan Jam

Rapid True Value owned by Hardware & Lumber an associate of Pan Jam

Other income increased due to the decision of a large tenant to buy its lease out, prior to its normal termination and led to a reduction in occupancy levels to 85 percent from the 97 percent at the end of the comparable 2014 quarter. The amount received for the buyout of the lease was accounted for in the first quarter of this year. Property income, which is down 12 percent or $47 million, compared to last year for the quarter, fell $81 million, or 11 percent, year to date, the report to shareholders indicated.
Share of results of associated and joint venture companies for the quarter, rose 32 percent to $791 million and grew by 35 percent for the six months period to $1,234 million. The results of Sagicor increased by $175 million or 31 percent for the quarter and by $289 million or 33 percent for the half year. The results for Sagicor Group have some non-recurring income that arose from loan loss recovery.
Operating expenses were held fairly tightly with a 12 percent rise in the quarter to $305 million and for the half year only 5 percent to $565 million. Finance costs declined compared to last year, by $25 million to $106 million for the quarter and $74 million to $200 million for the 6 months, resulting from reduced foreign exchange losses on the International Finance Corporation loan and reduced interest on a smaller average principal balance outstanding for the period compared to 2014.

Filed Under: Buy Rated, Company News, Company Results Tagged With: , ,

TTSE slightly up on Monday

September 21, 2015 by

StockMarkets The Trinidad & Tobago Stock Exchange closed Monday with in 12 securities trading, the same as on Friday. The price of 3 stocks rose, 2 declined and 7 traded with prices remaining unchanged as a total of 308,927 units traded, valued at $5,170,074.
At the close the Composite Index was up 0.44 points to 1,148.12, the All T&T Index added 0.21 points at 1,951.90 and the Cross Listed Index rose 0.09 to 45.17.
Gains| Agostini’s traded 600 shares and added 20 cents to close at a 52 weeks’ high of $18.20, Guardian Holdings with 525 shares changing hands and closed 1 cent higher at $13.02 and FirstCaribbean International Bank traded 22,763 shares and gained 2 cents to close at $5.02.
Losses| Prestige Holdings with 488 units changing hands and ended 1 cent down at $9.90 and Scotiabank traded just 50 shares and lost 2 cents to close at $62.50.
Firm Trades| Angostura Holdings with 30,270 shares with a value of $423,780 changing hands to close at $14, TTSE 21-9-15Clico Investment Fund closed with 201,706 shares valued at $4,540,309 changing hands at $22.50, First Citizens Bank had 38 shares changing hands to end at $35, Guardian Media traded 500 shares with the price remaining at $19.77. JMMB Group closed at 43 cents while trading 43,350 shares, Sagicor Financial Corporation closed with 3,137 shares changing hands at $6 and Trinidad Cement had 5,500 shares changing hands and ended at $3.15.
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 7 stocks with offers that were lower.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , ,

Another up day for TTSE

September 18, 2015 by

New high for TCL on Friday

New high for TCL on Friday

The Trinidad & Tobago Stock Exchange closed Friday with in 12 securities trading, down from 19 on Thursday. The price of 3 stocks rose, 1 declined and 8 traded with prices remaining unchanged as a total of 803,740 units traded, valued at $18,557,621.
At the close the Composite Index was up 0.46 points to 1,147.68, the All T&T Index added 0.58 points at 1,951.69 and the Cross Listed Index rose 0.04 to 45.08.
Gains| Guardian Holdings with 631 shares changing hands and closed 1 cent higher at $13.01, JMMB Group gained 1 cent to close at 43 cents while trading 2,170 shares and Trinidad Cement had 388,347 shares changing hands, valued at $1,222,757 and ended at $3.15 with a 5 cents rise, for a 52 weeks’ high.
Losses| Massy Holdings closed at $62.50 after shedding 1 cent while trading 24,970 shares valued at $1,560,625.
Firm Trades| ANSA McAL contributed 2,000 shares to trading, at $67.25, TTSE 18-9-15Clico Investment Fund closed with just 69,139 shares valued at $1,556,089 changing hands at $22.50, First Citizens Bank had 20,542 shares changing hands valued at $718,970 to end at $35, Guardian Media traded 102 shares with the price remaining at $19.77. National Commercial Bank traded 29,808 shares at $1.63, Point Lisas traded 100 shares at $4.06, Sagicor Financial Corporation closed with 60,601 shares valued $363,606 changing hands at $6 and Scotiabank traded 207,000 shares valued at $12,941,640 and closed at $62.52.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than their last selling prices and 7 stocks with offers that were lower.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , ,

7 stocks rise 2 fall on TTSE

September 17, 2015 by

TCL hits a new high on Thursday

TCL hits a new high on Thursday

The Trinidad & Tobago Stock Exchange closed Thursday with in the number jumping to 19 securities trading, the most for some time. The price of 7 stocks rose, 2 declined and 10 traded with prices remaining unchanged as a total of 634,493units traded, valued at $21,640,891.
At the close the Composite Index was up 0.62 points to 1,147.22, the All T&T Index added 1.10 points at 1,951.11 and the Cross Listed Index rose 0.02 to 45.04.
Gains| Grace Kennedy had 1,000 units changing hands at $3.51 for a 1 cent gain, Guardian Holdings with 14,545 shares changing hands for a value of $446,688, closed 6 cents higher at $13, Massy Holdings gained 1 cent, to close at $62.50 while trading 30,835 shares valued at $1,927,138. Prestige Holdings with 26,000 units valued at $257,660 changing hands ended at $9.91 with a cent rise, Scotiabank contributed 1,125 shares in trading, to close at $62.52 with a 1 cent rise. Sagicor Financial Corporation closed with 2,330 shares changing hands, 1 cent higher at $6 and Trinidad Cement had 98,056 shares changing hands, valued at $303,963 and ended at $3.10 with a 10 cents rise, for a 52 weeks; high.
Losses| Clico Investment Fund closed with just 7,781 shares changing hands, 1 cent lower at $22.50 and JMMB Group loss 1 cents to close at 42 cents while trading 2,170 shares.
TTSE 17-9-15 Firm Trades| Agostini’s traded 5,651 shares at $18, Angostura Holdings with 3,984 shares changing hands, closed at $14, ANSA McAL contributed 259,750 shares valued at $17,468,188 in trading, to close at $67.25 with the loss of 1 cent, traded 1,000 units at $38.94. First Citizens Bank had 2,836 shares changing hands to end at $35, National Commercial Bank traded 60,192 shares at $1.63, National Flour with 12,46 shares trading at $2.06, One Caribbean Media traded 4,625 shares at $22, Scotia Investments traded 80,000 shares at $1.60 and West Indian Tobacco traded 3,863 shares valued at $484,536 to close unchanged at $125.43.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than their last selling prices and 5 stocks with offers that were lower.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , , , ,

4 stocks rise 2 fell on TTSE

September 16, 2015 by

Unilever products - the company's stock closed at a 52 weeks' high on Wednesday

Unilever products – the company’s stock closed at a 52 weeks’ high on Wednesday

The Trinidad & Tobago Stock Exchange closed Wednesday with 10 securities trading. The price of 4 stocks rose, 2 declined and 4 traded with prices remaining unchanged as a total of 178,180 units traded, valued at $2,553,743.
At the close the Composite Index was up 0.03 points to 1,146.60, the All T&T Index added 0.12 points at 1,950.01 and the Cross Listed Index fell 0.01 to 45.02.
Gains| JMMB Group gained 1 cent, to close at 43 cents while trading 49,405 shares, Prestige Holdings with 965 units changing hands, ended at $9.90 with a 1 cent rise, Scotiabank contributed 8,198 shares with a value of $512,389 to the overall trading to close at $62.51 with a 1 cent rise and Unilever Caribbean traded at a new 52 weeks’ high of $67.20, after gaining 5 cents, with 5,107 shares valued at $343,190.
Losses| Clico Investment Fund closed with just 46,080 shares valued at $5,626,160 changing hands, 1 cent lower at $22.51 andSagicor Financial Corporation closed with 2,330 shares changing hands, 1 cent lower at $5.99.
Firm Trades| First Citizens Bank had 2,920 shares changing handsTTSE 16-9-15rv to end at $35, National Commercial Bank traded 518 shares at $1.63, Trinidad Cement had 60,000 shares changing hands, valued at $180,310 and ended at $3 and West Indian Tobacco traded just 2,657 shares to close unchanged at $125.43.
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 5 stocks with offers that were lower.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , ,

TCL at 52 weeks’ high on TTSE

September 14, 2015 by

TCL 2 The Trinidad & Tobago Stock Exchange closed Monday with Trinidad Cement closing at $3 for 52 weeks’ high on a day when 13 securities changed hands. The price of 2 stocks rose, 3 declined and 8 traded with price unchanged as a total of 614,459 units traded, valued at $2,225,277.
At the close, the Composite Index fell 0.13 points to 1,146.57, the All T&T Index lost 0.26 points to 1,949.89 and the Cross Listed Index remained at 45.03.
Gains| Massey Holdings closed with 250 units trading with a 1 cent gain at $62.49 and Trinidad Cement closing at $3 with 406,706 units valued at $1,219,776 changing hands after gaining 24 cents.
Losses| Angostura Holdings with 1,772 shares changing hands, closed at $14, after losing 50 cents, Clico Investment Fund trade with a volume of 9,120 shares valued at $205,258, at the close the price slipped 2 cents to $22.50 and Point Lisas traded 5,000 shares at $4.06, after losing 1 cent.
Firm Trades| ANSA McAL contributed 595 shares in trading, to close at $67.25, First Citizens Bank had 411 shares changing hands to end at $35, Guardian Holdings with 145 shares changing hands, closed at $13.91, Guardian Media traded 17,900 shares with the price remaining at $19.77, for a value of $353,883. TTSE 14-9-15JMMB Group traded 20,238 shares at 42 cents, Sagicor Financial Corporation closed with 13,000 shares changing hands at $6, Scotia Investments closed with 139,004 shares valued at $222,982 changing hands, unchanged at $1.60 and closed with buying for 239,763 shares on the bid at $1.60 and Scotiabank closed with 318 shares changing hands unchanged at $62.50.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than their last selling prices and 4 stocks with offers that were lower.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , ,