Trading on the Trinidad Stock Exchange ended with 10 securities changing hands 3 of which advanced and 7 traded firm, with a total of 62,727 units, valued at $923,515.
At the close of the market, the Composite Index rose 0.07 points to close at 1,161.73, the All T&T Index gained 0.02 points to close at 1,970.58 and the Cross Listed Index increased by a mere 0.2 points to end at 46.31.
Gains| Stocks increasing in price at the close are, Clico Investment Fund with only 415 shares trading at $22.55, One Caribbean Media traded 550 shares and closed 1 cent higher at $22,42 and Sagicor Financial Corporation ended trading 6,842 units at $6.06 after rising 2 cents.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, 
ANSA McAL trading 212 shares and closed at $67.07 while Angostura traded 371 shares at $13.95, First Citizens Bank traded 5,422 shares valued at $194,162, to close at $35.81, Guardian Holdings closed at $14.05 while trading 30,000 shares carrying a value of $421,500. Massy Holdings traded 2,855 shares valued at $183,719to close at $64.35, Scotia Investments closed with 3,460 shares changing hands and closed at $1.47 and Trinidad Cement ended the day at $2.90, with 12,600 shares changing hands.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 1 stock with the bid higher than their last selling prices and 2 stocks with lower offers.
3 TTSE stocks rise none declined
June 10, 2015 by
5 up 4 down on TTSE on Monday
June 8, 2015 by
Trinidad Cement traded 674,117 shares on Monday
At the close of the market, the Composite Index rose 0.99 points to close at 1,160.45, the All T&T Index fell by just 0.09 points to close at 1,970.44 and the Cross Listed Index increased by a mere 0.27 points to end at 45.98.
Gains| Stocks increasing in price at the close are, ANSA McAL trading 1,200 shares and closed with a gain of 1 cent to end at a 52 weeks’ high of $67.07 while Ansa Merchant Bank traded 18,307 shares valued at $713,058 and gained 3 cents to $38.95. First Citizens Bank traded 3,502 shares to close at $35.81, up 1 cent, National Commercial Bank contributing 163,161 shares with a value of $283,784, to end at $1.76 after gaining 6 cents and Scotiabank with 6,782 shares changing hands for a value of $424,214, closed with a gain of 1 cent at $62.55.
Declines| The stocks declining at the end of trading are, Clico Investment Fund with 54,643 shares valued at $1,229,683 traded and declined by 5 cents to end at $22.50, Guardian Holdings suffered a loss of 9 cents to close at $14.05 while trading 4,000 shares. Massy Holdings traded 2,424 shares valued at $155,988 to close with a loss of 1 cent at $64.35 and National Enterprises with 3,842 shares traded and closed at a new 52 weeks’ low of $17.19 after losing a cent.Firm Trades| Stocks closing with prices unchanged at the end of trading are, JMMB Group with 280,000 shares being traded for $131,600 and closed at 47 cents. Guardian Media with 200 shares closed at $19.76, Firstcaribbean International Bank contributed 11,000 shares as the price closed unchanged at $5, Sagicor Financial Corporation 6.5% preference shares traded 1,000 units at US$1.10, Trinidad Cement ended the day at $2.90, with 674,117 shares changing hands, for a value of $1,954,939.
and West Indian Tobacco traded 500 shares and closed at $125.33
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 1 stock with a lower offer.
Ansa McAl trades $13.4M on TTSE
June 5, 2015 by
Ansa McAl tradeds amount to TT$13.4
At the close of the market, the Composite Index rose 0.31 points to close at 1,159.46, the All T&T Index gained 69 points to close at 1,970.53 and the Cross Listed Index fell by a mere 0.01 points to end at 45.71.
Gains| Stocks increasing in price at the close are, Clico Investment Fund with 2,150 units trading and advancing 5 cents, to $22.55, Massy Holdings trading 47,875 shares valued at $3,081,215, to close higher by 11 cents, at $64.36. Sagicor Financial Corporation trading 13,700 units at $6.05, after inching up 1 cent and Trinidad Cement ending the day 6 cents up, at $2.86 with 1,082,946 shares changing hands, for a value of $3,096,347.
Declines| Grace Kennedy fell 2 cents to end the day at $3.53 while trading only 400 shares and was the only stock declining at the end of trading.Firm Trades| Stocks closing with prices unchanged at the close of trading are, ANSA McAL with 200,250 shares changing hands and carrying a value of $13,428,765 closed at $67.06, First Citizens Bank trading 3,275 shares to close at $35.80. JMMB Group with 21,354 shares trading, closed at 47 cents, National Flour with 9,502 shares trading, ended at $2, Point Lisas Industrial Port trading 100 shares valued at $3.81 and Prestige Holding trading 20 units at $9.90.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 1 stock with the bid higher than their last selling prices and 1 stock with a lower offer.
National Flour ends at new high
June 1, 2015 by
IC Insider Buy Rated NFM closed at a new 52 weeks high on Monday
At the close of the market, the Composite Index rose 0.03 points to close at 1,159.95, the All T&T Index rose by just 0.19 points to close at 1,968.86 and the Cross Listed Index fell by a mere 0.02 points to end at 46.06.
Gains| National Flour Mills was the only stock increasing in price at the close, with 2,770 shares changing hands, to gain of 8 cents at $1.85, for a new 52 weeks’ high.
Declines| The stocks declining at the end of trading are, National Commercial Bank contributing 6,000 shares while losing 19 cents to close at $1.71, Point Lisas with 1,075 shares trading and closing at $3.80 for a loss of 1 cent and Scotia Investments traded 23,500 shares to close 2 cents lower at $1.47.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Ansa McAl trading 60 units at $67.05, Clico Investment Fund traded 185,764 units valued at to end at $22.55, First Citizens Bank trading 7,703 shares valued at $275767 to close at $35.80. Massy Holdings with 587 shares closed at $64.10, Prestige Holdings ended with just 100 shares changing hands at $9.90 and Trinidad Cement traded 12,111 units at $2.80.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 2 stocks with offers that were lower.
Buy Rated blooming
June 1, 2015 by
Hardware & Lumber with its Rapid True Value retail arm gained 291% since place on BUY RATED list
Trinidadian stocks have hardly gone anywhere the Jamaican ones are soaring after a long period of drought. There are three triple winners in the main Jamaican market including Hardware and lumber that is up 291 percent since we selected it as Buy Rated. Interestingly, they are no losing stocks in this market. The junior stocks have erased most of the losses suffered earlier and now only two stocks record any losses. Technical indicators are pointing to
the Jamaican rally continuing for the rest of the year with lower inflation and interest rates coupled with continued strong profit gains. Trinidad stocks will continue to be under pressure but there are a few severely undervalued ones in that market that could post decent gains in the months ahead.Access still has further to go as the future looks good for growth in profits but the price of the stock could be trading around current levels for some time but there is limited volumes available, this one becomes a longer term buy with the price where is currently lies. Caribbean Cream and Paramount seems to have quite some gains to deliver in the months ahead as improving results encourage investors to buy into the growth prospects. Lasco Financial could be going anywhere with Mayberry buying 20 percent and buying more in the market of a stock with limited float and Medical Disposables has good potential to deliver a decent gain.
The main market may have had lots of gains so far but there is much more to come from even some of the top performers such as Jamaica Stock Exchange, National Commercial Bank, Caribbean Cement and Carreras to name a few. Over in Trinidad, Guardian Holdings is undervalued but National Flour is severely undervalued, Trinidad Cement is a huge buy with much upside potential especially with debt restructuring leading to lower interest cost and lower energy cost in Jamaica and Barbados.
7 stocks up 2 down on TTSE
May 29, 2015 by
National Flour closed at a 52 weeks high on Friday of $1.77.
At the close of the market, the Composite Index lost 6.01 points to close at 1,159.92, the All T&T Index rose by just 0.10 points to close at 1,968.67 and the Cross Listed Index fell 1.62 points to end at 46.08.
Gains| Stocks increasing in price at the close are, Grace Kennedy with 97,780 shares trading for $349,075 and gaining 1 cent, in closing at $3.57. IC Insider Buy Rated National Flour Mills, gained 4 cents to end the day at a new 52 weeks’ high of $1.77, with only 120 shares trading as investors continue to respond to increased profits for the company, followed by Sagicor Financial Corporation in contributing 27,400 shares with a value of $165,246, to gain of 2 cents to $6.04. Scotiabank with 677 shares trading, closed with a gain of 1 cent at $62.54. Scotia Investments traded 1,000 shares, to gain 2 cents to close at $1.49, Unilever Caribbean with 100 shares changing hands closed with an increase of 1 cent to end at a new 52 weeks’ high of $66.15 and West Indian Tobacco ended with 194 units trading at $125.31 with a 3 cents increase.
Declines| The stocks declining at the end of trading are, ANSA Mcal with 149 shares trading ended at $67.054 having lost 1 cent and Prestige Holding traded 550 shares to close with a loss of 9 cents at $9.90.Firm Trades| Stocks closing with prices unchanged at the end of trading are, Ansa Merchant Bank contributed 940 shares with the price closing unchanged at $38.92. Clico Investment Fund with 1,019,235 shares valued at $22,983,749 and remained at $22.55 while First Citizens Bank added 12,072 shares valued at $432,178 to close at $35.80. National Enterprises traded 1,200 units to close at $17.20, National Commercial Bank with 152,500 shares changing hands for a value of $260,050 closed at $1.90 but traded as low as $1.70 and Massy Holdings traded 5,048 shares valued at $323,577 to close at $64.10.
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 1 stock with a lower offer.
NCB trades at J$35 on TTSE
May 28, 2015 by
NCB closed in Jamaica at $30.10 but ended at the equivalent of J$35 in Trinidad on Thursday
At the close of the market, the Composite Index rose 4.60 points to close at 1,165.93, the All T&T Index fell 1.24 points to close at 1,968.57 and the Cross Listed Index increased by 1.40 points to end at 47.70.
Gains| Stocks increasing in price at the close are, National Commercial Bank with 105,021 shares changing hands for a value of $204,641 and enjoying an increase of 20 cents to end at a new 52 weeks high of $1.95 or the equivalent of J$35, nearly $5 higher than in Jamiaca. Point Lisas Industrial Port Development traded 75,000 shares valued at $285,750, gained 1 cent and closed at $3.81, Republic Bank traded 560 shares to close with a gain of 1 cent at $115 and Scotia Investments contributed 80,500 shares with a value of $118,335 and closed with a gain of 2 cents at $1.47.
Declines| The only stock declining at the end of trading is National Enterprises with 105,000 shares being trading with a value of $1,806,000 and ended with a loss of 10 cents at a new 52 weeks’ low of $17.20.
Firm Trades| Stocks closing with prices unchanged at the end of the market are, ANSA McAL traded 2,600 shares with a value of $174,330 to close unchanged at $67.06, Clico Investment Fund with 31,047 units carry a value of $700,110 to remain at $22.55, First Citizens Bank trading 15,243 shares valued at $545,699 to close unchanged at $35.80. Guardian Holdings with 409 shares closed at $14.15, Guardian Media 6% preference share traded just 20 units at $65.01, Prestige Holdings traded 2,406 shares and closed at $9.99 and Trinidad Cement contributing 44,863 shares to the volume traded, the price closed unchanged at $2.80.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 2 stocks with offers that were lower.
Markets fell as more stocks decline than rise
May 26, 2015 by
Pan Jam fell $1.66 on Tuesday
TheJSE Market Index lost 996.20 points to 97,498.24, theJSE All Jamaican Composite index fell/ decline/ rose 923.95 points to close at 107,915.70 and the JSE combined index dropped 1,138.33 points to end at 99,681.18.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 9 stocks with bids higher than their last selling prices and 6 with offers that were lower.
In trading, Cable & Wireless ended with 1,940,000 units trading between 47 cents and the last price of 50 cents to gain 3 cents, Caribbean Cement closed with 5,400 shares at $4.01, down 34 cents, Desnoes & Geddes finished trading with 69,899 shares at $7.36 after adding a cent to the price, Gleaner saw trading in 102,913 shares to close with 7 cents gains at $1.07, Grace Kennedy closed with just 7,843 units changing hands at $63 to gain 25 cents, Jamaica Broilers finished trading with 23,138 shares while losing 25 cents to $5.25, JMMB Group concluded trading with 21,250 shares to close unchanged at $9. Mayberry Investments completed trading in 1,135,000 shares at $3 by gaining 15 cents at the end, National Commercial Bank had dealings in just 9,944 units to close down 8 cents at $29.52 at the same time the stock closed up in Trinidad at the equivalent of $31.50. Pan Jamaican Investment contributed 2,150 shares to close down by $1.66 at $58.59, 
Radio Jamaica gained 15 cents to end trading with 40,700 units at $2.75, for anew 52 weeks’ high. Sagicor Group closed with 1,471,642 shares at $12, after shedding 15 cents, Sagicor Real Estate Fund finished trading with 18,896 units at $7.50, for a 50 cents fall, Scotia Group ended trading with just 473 units to close at $25.35 after losing 15 cents. Seprod finished trading with 10,162 units at $18 to gain 50 cents, Supreme Ventures ended with 55,747 units at $3.95, up 35 cents. Trinidad Cement ended trading with 105 shares to close down by at $15, Proven Investments closed with 721,573 shares at 19 US cents, after losing 1.5 US cents. Jamaica Money Market Brokers 7.50% preference share finished trading with 350,000 units at $2.30 and Jamaica Money Market Brokers 8.75% preference share traded 199,000 shares at $3.02 and lost 3 cents.
6 stocks rise on TTSE
May 26, 2015 by
NCB traded at a new 52 weeks’ high on TTSE at $1.75 or J$31.50 equivalent.
At the close of the market, the Composite Index rose 1.61 points to close at 1,161.56, the All T&T Index advanced by 0.53 points to close at 1,969.93 and the Cross Listed Index increased by a mere 0.36 points to end at 46.35.
Gains| Stocks increasing in price at the close are, Ansa McAl traded 2,300 shares and closed 1 cent higher at $67.06, First Citizens Bank traded 4,830 shares to close at $35.80 with a 1 cent increase, National Commercial Bank gained 7 cents to end at a new 52 weeks’ high of $1.75, while 11,716 shares changed hands. Massy Holdings traded 996 shares to close with a gain of 5 cents at $64.05,
Sagicor Financial Corporation traded 3,158 shares and closed with a gain of 1 cent at $6.02 and Trinidad Cement with a volume of 15,137 shares traded, gained 5 cents to $2.80.Declines| The only stock declining at the end of trading is, Firstcaribbean International Bank with 32,828 shares changing hands for a value of $164,166 and declined 3 cents to end the day at $5.
Firm Trades| Only one stock closed with the price unchanged at the end of trading as Guardian Holdings added 10,299 shares valued at $146,246, to close at $14.20.
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 2 stocks with offers that were lower.
Trading remains moderate on TTSE
May 25, 2015 by
Trading on the Trinidad Stock Exchange closed with 9 securities changing hands of which 1 advanced, 1 declined and 7 traded firm with a total of 90,027 units, valued at $1,042,001.
At the close of the market, the Composite Index lost 0.17 points to close at 1,159.95, the All T&T Index remained at 1,969.40 and the Cross Listed Index fell 0.05 points to end at 45.99.
Gains| The only stock recording an increase in price at the close is Clico Investment Fund with 29,468 shares trading and advancing by 4 cents to end at $22.55.
Declines| JMMB Group was the sole stock to decline by shedding 1 cent to close at 54 cents with 18,346 shares traded.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Firstcaribbean International Bank with 10,150 shares changing hands and closed unchanged at $5.03, First Citizens Bank contributed 5,557 shares with a value of $198,941 to close at $35.80. 
Guardian Holdings traded 146 shares at $14.20, National Enterprises traded just 13 shares to close at $17.30, Republic Bank traded 200 units to close at $115, while Sagicor Financial Corporation traded 6,297 shares to close at $6.01 and Trinidad Cement with a volume of 19,850 shares traded ended at $2.75.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator shows 4 stocks with the bid higher than their last selling prices and 1 stock with a lower offer.