One new high & 1 low on TTSE – Thursday

December 22, 2016 by

Scotia Investments traded at a new high on Thursday of TT$2.01.

Scotia Investments traded at a new high on Thursday of TT$2.01.

Trading on the Trinidad & Tobago Stock Exchange on Thursday resulted in 9 securities changing hands compared to 8 on Wednesday. Market activity ended with 2 stocks rising, while 3 declined and 4 held firm.
Market Activity resulted in 435,352 shares being traded valued at $9,756,871 compared to 94,976 shares being traded valued at $1,384,143 on Wednesday.
The Composite Index rose 0.29 points to 1,205.68, the All T&T Index gained 0.56 points to 1,833.65 with a year to date loss at 5.91 percent. The Cross Listed Index remained unchanged at 77.20 points with year to date gains of 55.93 percent.
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 traded 30,678 units with a value of $388,217 after rising 13 cents to close at $12.65 and Scotia Investments traded 315,000 shares to close at a 52 week’s high of $2.01, after gaining 1 cent.
TTSE sum 22-12-16 Losses| Clico Investments lost 20 cents with 54,459 shares being traded, to close at $22.60, Readymix West Indies closed at a 52 week’s low of $10.99, after falling by 1 cent, with 2,999 shares changing owners and West Indian Tobacco fell 2 cents on the trading of 101 shares to close at $126.88.
Firm Trades | Massy Holdings contributed 8,455 shares valued at $439,651 to end at $52, Republic Financial Holdings with a volume of 75,484 shares valued at $8,186,240 being traded, closed at $108.45, Scotiabank traded 174 shares to close at $58.78 and Trinidad and Tobago NGL fell 10 cents, in trading 1,591 shares at $21.25.

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

Only 1 stock fell on TTSE

December 21, 2016 by

TTSE build Trading on the Trinidad & Tobago Stock Exchange on Wednesday resulted in 8 securities changing hands compared to 9 on Tuesday. Market activity ended with 3 stocks that advanced, 1 declined and 4 held firm with 94,976 shares being traded valued at $1,384,143 compared to 107,398 units at a value of $1,567,701 on Tuesday.
The Composite Index slipped 0.01 point to 1,205.39, the All T&T Index remained at 1,833.09 with a year to date loss at 5.91 percent. The Cross Listed Index remained unchanged at 77.20 points with year to date gains of 55.93 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 6 stocks with bids higher than last selling prices and 9 with lower offers.
Gains| Clico Investments with 54,459 shares being traded, closed at $22.80, Guardian Holdings TTSE sum 21-12-16traded 3,502 units at $12.52, after rising by a cent and Sagicor Financial Corporation gained 2 cents on the trading of 4,088 shares to close at $7.66 to be the sole stock rising.
< Strong> Losses| Grace Kennedy closed at $2.68, after falling by 1 cent with 6,527 shares changing owners.
Firm Trades | Ansa McAl traded just 2 shares at $66.50, JMMB Group was unchanged at 89 cents with an exchange of 3,000 shares, Point Lisas traded 3,412 shares at $3.70 and Scotia Investments traded 19,986 shares to close at $2.

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

Scotia hikes dividend on profit rise

December 7, 2016 by

Jackie Sharp - CEO Scotia Group

Jackie Sharp – CEO Scotia Group

Scotia Group raises dividend with the Board of Directors approving a final dividend of 45 cents per stock unit in respect of this financial year, which is payable on January 18, 2017 to stockholders on record as at December 27, 2016.
The proposed payment brings the total payment for the year to $1.71 and represents a 6 percent increase in dividends year over year and a dividend payout ratio of 47.08 percent of profit. The final payment means that the 2017 payout should be no less than $1.80, with the proposed payment setting the stage for future quarterly payments. Scotia Group released results with earnings per share ending at $3.63 compared to $3.19 for 2015.
At the same time Scotia Investments held dividends at 45 cents per share the same amount they have been paying in recent times although the company report net profit of $1.35 billion for the year ended October compared with $1.02 billion for the prior. The 2016 profits rose by 32 percent or $325 million net income of $537 million for the quarter ended October, up from $288 million the quarter ending October 2015.
Strong gains of $527 million in fee income, foreign exchange trading gains and gains on financial assets were the main contributing areas that gave rise to the increased profit for the year, for Scotia Investments with earnings per share of $3.19.

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

Scotia Hits $35 in early trading

December 2, 2016 by

Scotia Group jumped to $35 with 868,827 units with 855,000 shares traded at $33, at the start of the trading session, its subsidiary Scotia Investments, traded with a gain of $3.50 to $32, with 61,417 units changing hands, ICI trd sht int -2-12-16while Lasco Financial traded 218,250 units at $3.15.
Trading in the rest of the market was moderate, with a total of 25 securities traded. 11 stocks advanced and 7 fell, resulting in a volume of 1,279,786 shares changing hands, carrying a value of a $31,954,967 compared with 2,917,036 shares changing hands carrying a value of a $16,055,511 on Thursday. The average number of shares traded, amount to 51,191 units versus 138,906 units on Thursday.
At 10:45 am the all Jamaica Composite Index jumped 791.94 points to 196,689.08 the Jamaica Stock Exchange Market Index climbed 708.14 points to 179,937.12, the Jamaica Stock Exchange combined index gained 479.40 points to close at 191,359.97 and the junior market index dipped 17.26 points to end at 2,383.79.

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

JSE in early morning gains

October 18, 2016 by

The Jamaica Stock Exchange is enjoying modest gains in ICI JSE int trd 18-10-16Tuesday morning trading as investors participate in moderate trading on the first trading day of the week. Trading volume and value were up from Friday’s levels as advancing stocks edged out declining ones on the day after the market was closed for a public holiday on Monday.
The all Jamaica Composite Index gained 380.56 points to 186,523.26 the Jamaica Stock Exchange Market Index advanced 340.29 points to 167,826.74, the Jamaica Stock Exchange combined index rose 518.72 points to close at 180,491.37 and the junior market index rose 19.78 points to 2,419.04.
At 10.45 am, a total of 27 securities traded, resulting in a volume of 659,435 shares changing hands carrying a value of $8,595,191, compared to 346,328 shares changing hands, carrying a value of $3,122,421 on Friday.
The average number of shares traded amounts to 24,424 units compared to 15,058 on Friday. Market activity resulted in 6 stocks falling while the prices of 9 securities rose.
In trading activity, AMG Packaging traded 290,000 shares at $20, Radio Jamaica traded 153,763 units at $1.55 and Scotia Investments jumped $3.90 to $33.90 while trading 53,500 units.

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

Majors drop juniors gain

October 13, 2016 by

The Jamaica Stock Exchange market main market indices fell in Thursday morning while the junior market index rose with volume increasing over Wednesday’s levels.
ICI JSE int trd 13-10-16The all Jamaica Composite Index dropped 233.27 points to 185,818.56 the Jamaica Stock Exchange Market Index fell 208.58 points to 167,196.62, the Jamaica Stock Exchange combined index slipped 9.50 points to close at 179,837.16 and the junior market index rose 17.90 points to 2,421.24.
At 10.45 am, a total of 28 securities traded, resulting in a volume of 1,933,234 shares changing hands carrying a value of $12,769,849, compared to 1,599,416 shares changing hands carrying a value of $10,753,662 on Wednesday.
The average number of shares traded amounts to 69,044 units compared to 72,701 on Wednesday. Market activity resulted in 10 stocks falling while the prices of 12 securities rose.
Caribbean Cement dropped $3 in early trading with 30,000 units at $30, but recovered back to $33 after trading 5,000 more units, JMMB Group fell from $14.98 on Wednesday to $13.50 while trading 3,000 units, Scotia Investments jumped to $34 from $30 while trading 26,000 units, Caribbean Cream Traded 260,866 units and last traded at $9.90 but went as high as $10.19, Honey Bun traded 1 million shares but lost ground to $5.51, down 49 cents but the bid is now at $5.70.

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

Juniors jump to another new record

October 7, 2016 by

Junior market stocks are trading in record territory in early morning session on the Jamaica Stock Exchange with Lasco Distributors rising to $7.85. Main market stock slipped with Scotia Investments falling from $30 to $27 on a day of moderate volumes.
ICI JSE int trd 7-10-16Up to 10:45 am, JMMB Group traded 12,790 units at a 52 weeks’ high of $15 and Paramount Trading had 150 shares changing hands at a new all-time high of $24.50. Cable & Wireless had 100,000 shares changing hands with a loss of 4 cents at 92 cents, Caribbean Cream fell 40 cents and last traded at $9.10 with 35,000 units changing hands, Honey Bun traded 29,651 unit at $6.15 and Lasco Distributors gained 33 cents in trading 51,000 shares at $7.85.
A total of 26 securities traded, resulting in a volume of 423,544 shares changing hands carrying a value of $4,545,931, compared to 821,407 shares changing hands carrying a value of $7,914,772 on Thursday. The average number of shares traded amounts to 16,290 units compared to 27,380 on Thursday. Market activity resulted in 8 stock falling while the prices of 9 securities rose.
The all Jamaica Composite Index fell 136.42 points to 185,016.35, the Jamaica Stock Exchange Market Index fell 121.98 points to 166,479.30, the Jamaica Stock Exchange combined index climbed 186.03 points to close at 179,788.63 and the junior market index gained 29.13 points to a record 2,472.28.

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

2 TTSE stocks rise 2 fell – Wednesday

October 5, 2016 by

Republic Financial Holdings jumped $1 in Tuesday's trading on TTSE

Republic Financial Holdings jumped $1 in Tuesday’s trading on TTSE

Trading activity picked up on Wednesday, from the low levels on Tuesday on the Trinidad and Tobago stock market. Trading led to 145,346 shares valued at $6,017,183 changing hands, compared to 334,142 shares valued at $8,500,851 on Tuesday.
The market closed with modest movements in the indices and ended with 2 stocks gaining, 2 declining and 5 remaining unchanged as 9 securities traded.
The Composite Index inched higher by 0.18 points to close at 1,163.92, the All T&T Index lost 0.27 points to close at 1,815.77 and the Cross Listed Index gained 0.09 points to 68.24 points.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 8 stocks with bids higher than their last selling prices and 1 with a lower offer.
Gains| Republic Financial Holdings jumped $1.01 in trading 18,151 units with a value of $2,006,553 to end at $111 and Sagicor Financial Corporation gained 10 cents to close at $7 with 6,186 shares changing hands.
TTSE sum 5-10-16 Losses| Guardian Holdings traded 2,000 shares with the price closing at $12.70 after falling 4 cents and Massy Holdings lost $1 and ended with 61,403 shares valued at $3,194,959 changing hands at $52.
Firm Trades| JMMB Group had 2,659 shares changing hands to close at 70 cents, Scotiabank closed with 5,607 shares changing hands at $57.99, Scotia Investments had 12,115 shares changing hands, to close at $1.80. Trinidad and Tobago NGL closed at $23.65 with 19,104 units valued at $451,898, changing hands and Trinidad Cement had 23,639 shares changing hands at $3.25.

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

Just gains on TTSE – Wednesday

September 21, 2016 by

TTSE build Trading activity picked on the Trinidad and Tobago stock market on Wednesday with higher overall volume but with far less active securities. The market closed with marginal movements in the market indices and ended with 3 stocks gaining and 4 remaining unchanged as just 7 securities traded.
Market activity resulted in 398,013 shares valued at $4,834,677 changing hands, above the 271,952 units valued at $3,116,881 traded on Tuesday.
The Composite Index inched up 0.41 points to close at 1,154.35, the All T&T Index gained 0.45 points to close at 1,813.22 and the Cross Listed Index ended 0.05 points higher at 65.97 points.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 7 stocks with bids higher than their last selling prices and 4 with offers that were lower.
Gains| Prestige Holdings with 283,967 units valued at $3,123,637 changing hands, ended at $11 to record a gain of 10 cents, TTSE sum 21-9-16Scotiabank closed with 14,940 shares valued at $866,354 changing hands to end with a gain of 14 cents at $58 and Sagicor Financial traded 10,906 units and gained 8 cents to end at $6.70.
Losses| No stock declined at the close of the market on Wednesday.
Firm Trades| Clico Investment Fund traded 2,028 units at $22.60, Guardian Holdings ended with 2,500 shares changing hands at $12.80, Scotia Investments contributed 58,504 shares to close at $1.75 and Trinidad and Tobago NGL closed at $23.52 with 25,158 units changing hands, valued at $591,465.

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

Trading up a bit on TTSE – Monday

August 29, 2016 by

TTSE build Trading activity on the Trinidad and Tobago stock market picked up on Monday, from the lows levels of just over 16,000 units trading on Friday, to end with 14 securities changing hands, resulting in 233,031 shares valued at just $2,995,429 traded. 3 stocks rose, 3 declined and 8 remained unchanged, leading to declines in the market’s indices.
The Composite Index fell 0.34 points to close at 1,158.90, the All T&T Index declined 0.20 points to close at 1,821.92 and the Cross Listed Index eased 0.07 points to end at 66.02.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 7 stocks with bids higher than their last selling prices and 6 with offers that were lower.
Gains| JMMB Group gained 1 cent with 56,000 shares changing hands at 64 cents, National Flour ended with 19,156 shares changing hands at $2.35 after rising 2 cents and Scotia Investments closed with 10,000 shares changing hands and gained 2 cents to end at $1.72.
Losses| Guardian Holdings had 11,500 shares changing hands to end with a loss of 4 cents at $13.53, Massy Holdings closed with 51,976 shares, valued at $2,853,482 changing hands with the loss of 4 cents to TTSE sum 29-08-16close at $54.90 and Sagicor Financial Corporation closed with 1,622 shares changing hands as the price fell 15 cents to $6.75.
Firm Trades| Angostura Holdings ended with 80,692 shares with a value of $1,129,673 changing hands to close at $14, Ansa Merchant Bank traded 956 units to end at $40.01, Clico Investment Fund ended at $22.66 with 868 shares changing hands, Firstcaribbean International Bank ended trading 4,000 shares at $6.90, First Citizens traded 288 units at $35. Guardian Media traded 956 shares with the price remaining at $19.75, National Commercial Bank ended with 1,985 shares changing hands to close at $2.65 and Prestige Holdings had just 9 units changing hands, to close at $10.90.

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