3 new highs for Trinidad stocks

January 3, 2017 by

NCB closed at 52 weeks’ high on Tuesday on the TTSE.

Trinidad stock market closed on the first trading of 2017 with mixed fortunes all the all T&T index slipped while the cross listed index gained a continuation of the trend of 2016.
Trading on Tuesday resulted in 8 securities changing hands compared to 11 on Friday. Market activity ended with 6 stocks rising, 2 declining while there were no stocks trading unchanged. A total of 162,833 shares being traded valued at $2,093,835 compared to 262,813 shares being traded, valued at $6,001,767 on Friday.
The Composite Index rose 1.04 points at 1,210.57, the All T&T Index lost 0.88 points to 1,833.35. The Cross Listed Index rose 0.41to end at 78.58 points with year to date gains of 55.65 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 3 with lower offers.
Gains| Clico Investments Fund gained 18 cents in trading 63,956 units valued at $1,458,197 to close at $22.80, Guardian Holdings traded 2,500 units to close 1 cent higher at $12.66, National Commercial Bank added 10,000 shares to stocks that traded and gained 5 cents to close at a 52 weeks’ high of $3.05. Point Lisas traded 21,500 shares and gained 5 cents to end at $3.75, Sagicor Financial Corporation gained 7 cents with 47,548 valued at $371,083 to end at a 52 weeks’ high of $7.80 and Trinidad Cement traded 8,200 units with a rise of 5 cents to close at a 52 weeks’ high of $4.45.
< Strong> Losses| Angostura Holdings fell 25 cents to close at $14.75 as 5,131 units changed hands and National Flour Mills fell 12 cents to close at $2.40 with 4,000 units trading.

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Trinidad Cement drops back to $4.15

January 1, 2017 by

TCL retreated from its recent record close of $5.50 to $4.15 on Tuesday

Trading levels on the Trinidad & Tobago Stock Exchange on Tuesday improved as the Composite index moved higher and the all Trinidad index falling, with Trinidad Cement that climbed to $5.50 closing down at $4.15.
The market closed on Tuesday with 18 securities changing hands in contrast to 10 on Monday with 8 stocks advancing, 7 declining and 3 remaining unchanged. A total of 483,249 shares valued at $2,376,016 compared to Monday’s trades of 174,656 shares valued at $3,712,321.
The Composite Index climbed 6.45 points to 1,229.47, the All T&T Index slid 2.38 points to 1,827.69 and the Cross Listed Index gained 2.10 points to 84.54.
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| Angostura Holdings added 3 cents and closed at $14.75 with an exchange of 14,100 units, Guardian Holdings rose 44 cents to $13.75 with trades of 10,000 shares, JMMB Group gained 5 cents to close at a new 52 weeks high of $1.25 with 173,162 shares being exchanged. National Commercial Bank gained 27 cents, closing at a 52 weeks’ high of $3.55 with 50,000 shares changing owners, Praetorian Property closed 5 cents higher, at $2.90 while trading 2,000 units. Sagicor Financial added 1 cent to close at $8.51 with an exchange of 14,294 shares, Trinidad & Tobago NGL closed at $21.02, gaining 2 cents with trades of 1,257 units and L.J. Williams B share advanced 5 cents to 71 cents with 93,650 units traded.
Losses| Berger Paints closed down 1 cent to $4.05 with 800 units traded, Clico Investment lost 1 cent to close at $22.51 after trading 3,777 shares, Massy Holdings dropped 30 cents, falling to $51.10 with trades of 14,243 valued at $727,818 and Republic Financial Holdings closed at $107.98, losing 21 cents with 46 units being exchanged. Scotiabank lost 5 cents to $58.70 trading 4,909 shares, Trinidad Cement fell 35 cents to $4.15, while exchanging 5,000 shares and Unilever Caribbean closed at $58.50 after sustaining a fall of $1.33 with 154 units changing hands.
Firm Trades| First Citizens closed at $34 with 300 shares traded, Scotia Investments remained at $2.23 with 95,125 shares changing owners and West Indian Tobacco closed at $127 with 432 units switching ownership.

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Trinidad stocks drop 6% in 2016

December 30, 2016 by

Trinidad Cement closed at a 52 weeks’ high on Friday.

Trinidad based companies lost nearly 6 percent of their value in 2016 as the country’s economy faced challenges during the year based primarily on the fall in the price of oil which led to the shortage of foreign exchange and slippage in the value of the country’s currency.
While the values of the Trinidad based company declined that for the wider Caribbean grew by nearly 58 percent and resulted in the Composite index rising but by only 4 percent. The market closed the year on a positive note, with the IC bid-offer Indicator | showing the strongest reading for the last two trading days of the year with just 2 stocks closing with bids that were lower than their last sale price.
Trading on Friday resulted in 11 securities changing hands compared to 13 on Thursday. Market activity ended with 5 stocks rising, 1 declining and 5 holding firm, with 262,813 shares being traded valued at $6,001,767 compared to 155,564 shares being traded valued at $1,446,576 on Thursday.
The Composite Index rose 3.37 points to end the year at 1,209.53, the All T&T Index gained 1.35 points to 1,834.23 with a year to date loss at 6 percent. The Cross Listed Index rose 0.71 points at 78.17 points with year to date gains of 57.89 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 2 with lower offers.
Gains| Clico Investments Fund gained 1 cent in trading 665 units at $22.62, First Citizens Bank had 6,760 units trading with a gain of 25 cents to end at $35, JMMB Group traded 181,727 units to end at 90 cents with a 1 cent rise. National Commercial Bank added 6,999 shares to stocks that traded and gained 10 cents to close at $3 and Trinidad Cement traded 2,000 units with a rise of 5 cents to close at a 52 weeks’ high of $4.40.
Losses| Grace Kennedy traded 730 shares but lost 1 cent to close at $2.67
Firm Trades| Massy Holdings contributed just 12,350 shares with a value of $642,200 to end at $52, Readymix West Indies closed trading with 5,000 shares trading at $10.99. Republic Financial Holdings with a volume of 44,125 shares valued at $4,784,915 changing hands, closed at $108.44, Trinidad and Tobago NGL traded 1,909 shares at $21 and Unilever Caribbean ended with 548 units trading, to end at $59.84.

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6 stocks rise on TTSE – Wednesday

December 28, 2016 by

Sagicor Financial closed at a 52 weeks' high on Wednesday on the TTSE.

Sagicor Financial closed at a 52 weeks’ high on Wednesday on the TTSE.

Trading on the Trinidad & Tobago Stock Exchange on Wednesday resulted in 12 securities changing hands compared to 7 on Friday. Market activity ended with 6 stocks rising, 2 declining and 4 holding firm, with 318,033 shares being traded valued at $2,502,324 compared to 414,785 shares being traded valued at $1,433,699 on Friday.
The Composite Index rose 2.04 points to 1,206.16, the All T&T Index gained 1.11 points to 1,832.67 with a year to date loss at 5.94 percent. The Cross Listed Index advanced by 0.40 to end at 77.46 points with year to date gains of 56.45 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| Clico Investments Fund traded 2,000 units at $22.61 after adding 1 cent, First Citizens Bank had 5,214 units trading with a gain of 44 cents to end at $34.99, National Commercial Bank traded 145,444 units valued at $421,788 and gained 3 cents to end at $2.90. Sagicor Financial Corporation gained 7 cents to end at TTSE sum 28-12-16a 52 weeks’ high of $7.73 with 800 shares changing hands, Scotiabank gained 7 cents in trading 8,737 shares at $58.85 and Trinidad Cement traded 10,220 units with a rise of 10 cents to close at a 52 weeks’ high of $4.35.
Losses| Republic Financial Holdings with a volume of 8,193 shares valued at $888,448 being traded, closed with a loss of 1 cent at $108.44 and Trinidad and Tobago NGL fell 25 cents, in trading 6,476 shares at $21.
Firm Trades | Guardian Holdings traded 12,558 units to close at $12.65, JMMB Group traded 101,000 units to end at 89 cents, Massy Holdings contributed just 91 shares to end at $52 and LJ Williams ended with 17,300 B shares trading at 66 cents.

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Falling stocks beat rising ones 4 to 1 on TTSE

December 20, 2016 by

TTstocks Trading on the Trinidad & Tobago Stock Exchange on Tuesday resulted in only 9 securities changing hands compared to 7 on Monday. Market activity ended with only 1 stock that advanced, 4 declined and 4 held firm with 107,398 units being traded at a value of $1,567,701 compared to Monday’s 140,454 shares valued at $1,002,987.
The Composite Index slipped 0.15 point to 1,205.40, the All T&T Index lost 0.29 point to 1,833.09 with its year to date loss at 5.91 percent. The Cross Listed Index remained 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 7 stocks with bids higher than last selling prices and 8 with lower offers.
Gains| Massy Holdings jumped $1 on the trading of 1,351 shares to close at $52 to be the sole stock rising.
< Strong> Losses| First Citizens Bank closed at $34.55, after falling by 37 cents with 112 shares changing TTSE sum 20-12-16owners, LJ Williams lost 1 cent in closing at 66 cents with 39,168 shares changing hands. Trinidad & Tobago NGL fell 24 cents to close at $21.25 with 2,123 shares changing ownership and West Indian Tobacco lost 5 cents to end at $126.90 with 10,000 units changing hands.
Firm Trades | Clico Investments with 87 shares being traded, closed at $22.60, JMMB Group was unchanged at 89 cents with an exchange of 48,223 shares, National Flour traded 45,000 shares at $2.52 and Trinidad Cement closed at $4.25 while trading 9,644 shares.

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Trading activity remains low on TTSE

December 16, 2016 by

stocks Trading on the Trinidad & Tobago Stock Exchange on Friday resulted in 6 securities changing hands compared to 10 on Thursday. Market activity ended with only 1 stock that advanced, 3 declined and 2 held firm with 90,693 units being traded at a value of $416,211 compared to Thursday’s 32,776 shares valued at $570,141.
The Composite Index gained 0.48 points to 1,205.76, the All T & T Index advanced 0.96 point to 1,833.80 with its year to date loss at 5.89 percent. The Cross Listed Index remained 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| Trinidad Cement advanced 15 cents to $4.25 with 19,065 shares changing hands just 25 cents short of the price offered by a Cemex’s subsidiary, to acquire majority shares in the company.
TTSE sum 16-12-16 Losses| First Citizens Bank closed at $34.90, falling 1 cent with 1,250 shares changing owners, L.J. Williams was down 4 cents, closing trading at 52 weeks’ low of 67 cents with an exchange of 18,500 and Trinidad & Tobago NGL lost 6 cents to close at $21.45 with 773 shares changing ownership.
Firm Trades | JMMB Group was unchanged at 89 cents with an exchange of 41,105 shares and Clico Investments with 10,000 shares being traded, closed at $22.60.

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Only 33,000 shares trade Thursday on TTSE

December 15, 2016 by

TTSE build Market activity on the Trinidad & Tobago Stock Exchange dipped sharply on Thursday with very moderate volume and closed with 10 stocks changing hands compared to 13 on Wednesday.
Trading ended with 32,776 units valued at $570,141 changing hands, compared to 84,825 shares valued at $1,022,125 on Wednesday, with 2 stocks advancing, 5 declining and 3 unchanged.
The Composite Index declined 0.04 points to 1,205.28 points, the All T & T Index lost 0.01 point to 1,832.84 points with its year to date loss at 5.94 percent. The Cross Listed Index down 0.01 point to 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 8 with lower offers.
Gains| JMMB Group gained 1 cent, closing trading at 89 cents with 939 shares changing hands and Trinidad Cement closed 2 cents higher at $4.10 with 4,094 shares being exchanged.
Losses| Clico Investments lost 1 cent to close at $22.60 with 10,000 shares changing hands, Grace Kennedy was down 2 cents, closing trading at $2.69 with 890 shares changing owners.TTSE sum 15-12-16 Scotiabank fell 87 cents to $58.78 with an exchange of only 239 shares, Trinidad & Tobago NGL closed trading at $21.50, losing 46 cents with 13,201 shares changing hands and West Indian Tobacco lost 2 cents to close at $126.95 with a mere 100 shares switching owners.
Firm Trades | Ansa McAL closed at $66.50 with an exchange of 37 shares, National Commercial Bank, with 1,286 shares changing hands, closed at $2.87 and Point Lisas with 1,990 shares being traded, closed at $3.70.

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Scotia Invest at new high

December 14, 2016 by

Scotia Investments closed at a new 52 weeks' high on TTSE.

Scotia Investments closed at a new 52 weeks’ high on TTSE.

The Jamaican based Scotia Investments traded at a new 52 weeks’ high on the on the Trinidad & Tobago Stock Exchange on Wednesday, as the market closed with a slight increase in trading levels with 13 stocks changing hands compared to 11 on Tuesday.
Trading ended with 2 stocks advancing, 4 declining and 7 unchanged and ended with 84,825 units valued at $1,022,125 compared to Tuesday’s 31,912 shares valued at $644,182.
The Composite Index declined 0.50 points to 1,205.32 points, the All T & T Index lost 1.13 points to 1,832.85 points with its year to date loss at 5.94 percent. The Cross Listed Index rose 0.02 points to 77.21 points with year to date gains of 55.95 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 10 with lower offers.
Gains| Scotia Investments gained 3 cents to close trading at a 52-week high of $2 with 500 shares changing hands, and Scotiabank closed at $59.65, an 89 cents increase with 1,835 shares being exchanged.
Losses| First Citizens lost 1 cent to close at $34.91 with 1,010 shares changing hands, Republic Financial Holdings closed at $108.45, a loss of 1 cent with 1,000 shares changing owners. Trinidad & Tobago NGL was down 3 cents, TTSE sum 14-12-16closing trading at $21.97 with an exchange of 5,059 shares and West Indian Tobacco also lost 3 cents to close at $126.97 with 1,000 shares changing ownership.
Firm Trades | Clico Investments closed at $22.61 with an exchange of 10 shares, Guardian Holdings, with 3,000 shares changing hands, closed at $12.65, JMMB Group was unchanged at 88 cents with 19,061 shares changing owners, Massy Holdings held firm at $51 with 5,584 shares being exchanged. National Enterprises closed at $10.65 with 472 shares changing hands, Point Lisas with a mere 10 shares being traded, closed at $3.70 and Trinidad Cement closed at $4.08 with 46,284 shares switching owners.

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Trading levels rise

December 13, 2016 by

stocks Trading levels remained low on the Trinidad & Tobago Stock Exchange on Tuesday despite 11 securities changing hands compared to 8 on Monday. The market closed with 4 stocks advancing, 1 declining and 6 unchanged. Market activity resulted in 31,912 units valued at $644,182 changing hands compared to Monday’s 46,969 units valued at $702,598.
The Composite Index gained 0.43 points to 1,205.82 points, the All T & T Index advanced 0.80 points to 1,833.98 points with its year to date loss at 5.88 percent. The Cross Listed Index rose 0.01 point to 77.19 points with year to date gains of 55.91 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 3 stocks with bids higher than last selling prices and 8 with lower offers.
Gains| Ansa Merchant Bank, advanced 10 cents to close at a 52 weeks’ high of $40.10 but with a mere 24 shares changing hands, Scotia Investments added 1 cent, closing trading at $1.98 with 888 shares changing owners. Scotiabank closed at $58.76, up 7 cents with only 14 shares being exchanged while Trinidad Cement advanced 7 cents to $4.08 with 7,637 changing hands.
TTSE sum 13-12-16< Strong> Losses| Guardian Holdings closed at $12.65, down 5 cents with 2,000 shares changing hands.
Firm Trades | Ansa McAL was unchanged at $66.50 with 177 shares changing owners, Clico Investments closed at $22.61 with an exchange of 130 shares and JMMB Group traded firm at 88 cents with 15,000 shares changing hands. Massy Holdings remained unchanged at $51 with 1,395 shares changing owners, Trinidad & Tobago NGL at $21.99 with 1,000 shares switching owners and West Indian Tobacco held firm at $127 with 3,647 shares changing hands, valued at $463,151.

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Low trading for Trinidad stocks

December 12, 2016 by

TTSE build Trading on the Trinidad & Tobago Stock Exchange on Monday resulted in 8 securities changing hands compared to 6 on Friday. Trading closed with 1 stock advancing, 1 declining and 6 unchanged as 46,969 units valued at $702,598 changed hands compared to Friday’s 129,133 shares valued at $660,796.
The Composite Index lost 0.05 points to 1,205.39 points, the All T & T Index fell 0.02 points to 1,833.18 points with its year to date loss at 5.92 percent. The Cross Listed Index was down 0.01 point to 77.18 points with year to date gains of 55.89 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 8 with lower offers.
Gains| Scotia Investments gained 2 cents, closing trading at $1.97 with 2,720 shares changing owners.
TTSE sum 12-12-16 Losses| Grace Kennedy closed at $2.71, down 1 cent with 1,000 shares changing hands.
Firm Trades | First Citizens Bank traded firm at $34.92 with 8,491 shares changing owners, Guardian Holdings closed at $12.70 with 15,601 shares being exchanged and National Commercial Bank closed at $2.87 with the trading of 7,000 shares. Point Lisas remained unchanged at $3.70 with 2,065 shares changing owners, Sagicor Financial held firm at $7.64 with an exchange of 3,468 shares and Trinidad & Tobago NGL closed at $21.99 with 6,624 shares switching owners.

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