Market activity on the Trinidad & Tobago Stock Exchange on Thursday resulted in 12 securities changing hands compared to 7 on Wednesday leading to 4 stocks advancing, 6 declining and 2 holding firm.
The Composite Index gained 0.68 points to 1,216.99 points, the All T&T Index declined 0.37 points to 1,835.54 points and the Cross Listed Index advanced 0.24 points to 80.04 points.
At the close, 382,443 units valued at $3,889,464 were exchanged compared to 453,962 shares valued at $7,222,917 on Wednesday.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 10 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| JMMB Group closed trading at a 52 weeks’ high of $1.06 adding 6 cents with 61,265 transactions being executed, National Commercial Bank added 4 cents to close at 52 weeks’ high of $3.16 with 5,350 shares changing hands. Scotiabank gained 5 cents in closing at $58.75 with only 189 units exchanged and Trinidad & Tobago NGL advanced 7 cents to $20.50 with 8,877 shares traded.
Losses| Ansa McAL lost 3 cents to close at $65.96 with 100 units changing owners, Clico Investment closed at $22.50 with an exchange of 114,259 shares valued at $2,571,913, First Citizens Bank lost 3 cents to close at $34.93 with 1,406 shares. Grace Kennedy lost 5 cents, ending at $2.60 as 21,500 shares changed hands, Republic Financial Holdings was down 1 cent to $108.38 with 453 shares traded and Trinidad Cement declined 5 cents to $5.10 with 168,768 shares valued at $868,138.
Firm Trades| Massy Holdings closed at $51.48 with 245 shares changing hands and West Indian Tobacco was unchanged at $127 with 31 units switching owners.
6 TTSE stocks fell 4 gained
Declining stocks hold upper hand on TTSE
Trading levels on the Trinidad & Tobago Stock Exchange on Wednesday resulted in all three indices rising emanating from only 7 securities changing hands compared to 11 on Tuesday.
A total of 453,962 units valued at $7,222,917 were exchanged compared to 305,919 shares valued at $1,570,666 on Tuesday. The market closed with 2 stocks advancing, 4 declining and 1 unchanged
The Composite Index advanced 0.51 points to 1,216.31 points, the All T & T Index lost 0.64 points to 1,835.91 points and the Cross Listed Index gained 0.23 points to 79.80 points.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 8 stocks with bids higher than last selling prices and 7 with lower offers.
Gains| JMMB Group gained 5 cents, closing trading at a new 52 weeks’ high of $1 with 4,918 shares being exchanged and Trinidad & Tobago NGL closed at $20.43, advancing 13 cents with 30,203 units valued at $617,040 changing hands.
Losses| Ansa McAL closed at $65.99, a loss of 26 cents with 50,000 units traded, valued at $3,299,500, Massy Holdings was down 2 cents to $51.48 with an exchange of 3,000 units, Republic Financial Holdings lost 4 cents to close at $108.39 with 2,000 shares changing hands and West Indian Tobacco fell 3 cents, in closing at $127 with 8,613 units changing hands, with a value of $1,094,072.
Firm Trades| Trinidad Cement closed trading at $5.15 with an exchange of 355,228 shares valued at $1,836,167.
More losses than gains on TTSE
Activity on the Trinidad & Tobago Stock Exchange on Tuesday closed with 11 securities changing hands compared to 13 on Monday with 2 stocks advancing, 4 declining and 5 remaining unchanged.
Trading resulted in an exchange of 305,919 units valued at $1,570,666 compared to 287,730 shares valued at $3,325,149 on Monday.
The Composite Index gained 0.09 points to 1,215.80 points, the All T & T Index was down 0.42 points to 1,836.55 points, the Cross Listed Index was up 0.08 points to 79.57 points.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 8 stocks with bids higher than last selling prices and 7 with lower offers.
Gains| JMMB Group gained 3 cents to close trading at a 52 weeks’ high of 95 cents with an exchange of 135,700 shares and West Indian Tobacco added 1 cent, closing at $127.03 with only 500 units changing hands.
< Strong> Losses| Grace Kennedy, with 40,210 shares traded, lost 2 cents to close at $2.65, Guardian Holdings was down 1 cent to $13 with transactions of 23,372 units being executed, valued at $304,255. Scotiabank 
closed at $58.70 and ending with a loss of 5 cents as 957 shares changed hands and Trinidad & Tobago NGL declined 15 cents to $20.30, traded 27,365 units valued at $555,565.
Firm Trades| Clico Investment closed at $22.60 with 2,350 shares changing hands, First Citizens, with an exchange of just 40 units, closed at $34.97, Prestige Holdings traded 731 shares in closing at $11. Scotia Investments was unchanged at $2.10 with trades of 30,000 units and Trinidad Cement closed at $5.15 with 44,694 shares switching owners.
TTSE gains beat declines 2 to 1 – Monday
TCL closed at $5.10 on Friday.
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
TCL closed at $5.10 on Friday.
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.
Cemex offer rejected by market so far
TCL closed at 52 weeks’ high of $5.10 on Thursday.
Trinidad Cement stock closed at $5.10 on the Trinidad market, with 85,800 units changing hands valued at $436,690. The price shot past the Cemex revised offer price of $5.07 by adding 5 cents in trading on Thursday in closing at a 52 weeks’ high. Importantly the stock has a bid of $5.10 to buy 39,475 shares and closed without an offer being posted a sure sign of higher prices ahead.
Activity climbed sharply from the lows levels experienced for 2017 to date as 15 securities traded, compared to 7 on Wednesday. A total of 6 stocks advanced, 1 fell and 8 remained unchanged as 328,077 units changed hands, valued at $2,705,386 compared to a mere 28,747 shares valued at $573,758 on Wednesday.
The Composite Index gained 0.33 points to 1,215.28 points, the All T & T Index rose 0.15 points to 1,837.11 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 5 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| Guardian Holdings advanced 10 cents to $12.90 with an exchange of 35,031 shares valued at $451,900, National Enterprises added 1 cent to close at $10.69 with 2,045 shares changing owners, Sagicor Financial gained 8 cents, closing at a 52 weeks’ high of $8.10 with 3,000 units being traded. Trinidad & Tobago NGL closed at $20.50, up 1 cent with 20,000 shares changing hands valued at $409,878 and West Indian Tobacco, swapped 5,580 units valued at $708,757, closed trading with a rise of 2 cents at $127.02.
Losses| Calypso Macro lost 1 cent to close at a 52 weeks low of $21.88 with 1,000 shares being exchanged.
Firm Trades| Angostura Holdings closed at $14.70, with 12,025 units changing owners, Clico Investments held firm at $22.60 with 581 shares being exchanged, First Citizens closed trading at $34.97 with 55 units changing hands, National Commercial Bank was unchanged at $3.10 with an exchange of 50,000 shares. National Flour closed at $2.40 with only 10 units being traded, Prestige Holdings ended trading at $11 with 164 shares changing hands, Scotia Investments held firm at $2.10 with trades of 112,000 units and Scotiabank closed at $58.75 with 786 shares changing ownership.
Trinidad Cement investors saying no deal
TCL closed at $5.05 on Tuesday but bid and offer suggest no deal.
The market seems to be sending a message about the offered price with 94,000 units on the bid at $5.05 with the lowest offer at $5.22 with only 1,000 units, suggesting the price could shoot past the offered price of $5.07.
Trading ended with 2 stocks closing at 52 weeks’ high as 13 securities changed hands compared to 14 on Monday. 3 stocks advanced, 4 declined and 6 were unchanged with 270,371 units valued at $2,062,449 compared to Monday’s 225,197 shares valued at $4,965,442.
Market activity resulted in the Composite Index advanced 2.21 points to 1,215.09, the All T & T Index rose 3.77 points to 1,837.30. The Cross Listed Index gained 0.08 points to 79.27.
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| Republic Financial Holdings closed at $108.44, a 1 cent gain with 1,030 units trading, Sagicor Financial added 10 cents to close at a 52 weeks’ high of $8.01 with an exchange of 1,288 shares in addition to the gains in Trinidad Cement.
Losses| First Citizens Bank closed at $34.97, for a loss of 1 cent with 509 shares changing owners, Massy Holdings was down 1 cent, closing trading at $51.99 with 472units traded. Scotiabank lost 2 cents to $58.75 with 2,519 shares changing ownership and Trinidad & Tobago NGL closed at $20.49, falling 1 cent with 108 units trading.Firm Trades| Clico Investments closed trading at $22.60 with 44,075 units changing hands, valued at $996,049, Grace Kennedy traded 518 shares and closed at $2.67, Guardian Holdings exchanged 8,873 units, closing at $13. JMMB Group was unchanged at 92 cents with an exchange of 18,072 shares, National Commercial Bank, with 173,407 shares traded, valued at $537,562, closed at $3.10 and Point Lisas closed at $3.75 with 13,500 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.
Guardian help push TTSE index
Trading activity on the Trinidad & Tobago Stock Exchange on Wednesday continues to reflect constrains by investors with slightly more stocks falling than rising in spite of gains in all indices due mainly to a 34 cents gain in Guardian Holdings.
Trading resulted in 10 securities changing hands compared to 8 on Tuesday; 3 stocks advanced, 4 declined and 3 held firm with 117,706 units being traded at a value of $3,555,197 compared to the Tuesday’s 162,833 shares valued at $2,093,835.
The Composite Index gained 0.88 points to 1,211.45 points, the All T & T Index advanced 1.42 points to 1,834.77 and the Cross Listed Index rose 0.04 points to 78.62 points.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 6 stocks with bids higher than last selling prices and 3 with lower offers.
Gains| Guardian Holdings gained 34 cents to close at $13 after trading 59,500 shares valued at $772,631, JMMB Group advanced 2 cents to 92 cents with 752 shares changing hands and West Indian Tobacco closed at $127 with an increase of 5 cents in the exchange of 15,542 units valued at $1,973,683.
Losses| Massy Holdings closed at $51.99, falling 1 cent with 161 shares changing owners, Scotiabank was down 8 cents, closing trading at $58.77 with an exchange of 1,111 shares. Trinidad & Tobago NGL lost 1 cent to close at $20.99 with 633 shares changing ownership and Unilever traded 10,000 shares and lost 1 cents to closing at $59.83.
Firm Trades | Grace Kennedy was unchanged at $2.67 with an exchange of 11,000 shares, Prestige Holdings held firm at $11 with 1,373 units trading and Trinidad Cement with 17,634 units traded, closed at $4.45.