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.
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.
Only 33,000 shares trade Thursday on TTSE
Scotia Invest at new high
Scotia Investments closed at a new 52 weeks’ high on TTSE.
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,
closing 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.
Trading levels rise
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.
< 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.
Low trading for Trinidad stocks
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.
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.
TTSE trading sinks on Friday
Trading on the Trinidad & Tobago Stock Exchange resulted in declines in activity on Friday with a mere 6 securities changing hands compared to 10 on Thursday. Trading ended with 1 stock rising, 3 falling and 2 trading with the price unchanged.
By the close only 129,133 units valued at $660,796 traded, in contrast to Thursday’s 180,027 shares valued at a just $179,861.
The Composite Index lost 0.94 points to 1,205.44, the All T&T Index fell 1.22 points to 1,833.20 with its year to date loss at 5.92 percent. The Cross Listed Index was down 0.10 points to 77.19 with year to date gain of 55.91 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| Praetorian Property Mutual Fund closed at $2.76, having gained 6 cents with 43,328 shares changing ownership.
Losses| Guardian Holdings closed at $12.70 for a loss of 20 cents with 29,117 shares changing hands, valued at $369,786, JMMB Group lost 2 cents, closing at 88 cents with 33,423 shares being exchanged and National Enterprises was down 1 cent to $10.65 with an exchange of 681 stock units.
Firm Trades | Clico Investment traded firm at $22.61 with 3,541 shares changing owners and National Commercial Bank closed at $2.87 with an exchange of 19,043 shares.
Trading drops sharply on TTSE
Trading on the Trinidad & Tobago Stock Exchange dropped sharply on Thursday. The market closed with 10 securities trading compared to 14 on Wednesday resulting in 180,027 units valued at $179,861 changing hands in contrast to Wednesday’s 361,588 shares valued at $3,622,735.
At the close 3 stocks advanced, 3 declined and 4 remained unchanged, leading the Composite Index in gaining 0.36 point to 1,206.38 points. The All T & T Index lost 0.10 points to 1,834.42 points with its year to date loss at 5.85 percent and the Cross Listed Index advanced 0.12 points to 77.29 points with year to date gains of 56.11 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 7 stocks with bids higher than last selling prices and 11 with lower offers.
Gains| Clico Investment gained 1 cent, closing at $22.61 with 7,462 shares changing hands, Sagicor Financial closed at a 52 weeks’ high of $7.64 after adding 1 cent with 13,000 shares being exchanged and Scotia Investments advanced 12 cents to close at $1.95 and 150,000 shares changing owners. The investment bank posted an 86 percent fourth quarter growth in net profit, over the similar quarter in 2015 and a strong of 32 percent for the year to October.
Losses| First Citizens Bank closed at $34.92 for a loss of 1 cent with only 32 shares changing hands, Republic Financial Holdings lost 3 cents, closing at $108.46 with 494 shares switching ownership and Trinidad & Tobago NGL was down 1 cent to $21.99 with an exchange of 584 shares.
Firm Trades| Massy Holdings traded firm at $51 with 564 shares changing owners, National Commercial Bank closed at $2.87 with an exchange of 7,000 shares, National Flour Mills, with 807 shares trading, closed at $2.52 and Prestige Holdings remained unchanged at $11 with 84 shares changing hands.
No trading in TCL that’s poised to rise
Market activity on the Trinidad & Tobago Stock Exchange on Wednesday resulted in 14 securities trading compared to 13 on Tuesday. Trinidad Cement with a bid by Cemex to acquire majority of shares at $4.50 did not trade and ended with 12,432 units on the bid at $4.07 and 127,363 units being offered at $4.50. Trading ended with 3 stocks advancing, 2 declining and 9 remaining unchanged.
The market closed with 361,588 shares trading with a value of $3,622,735 in contrast to Tuesday’s volume of 197,320 valued at $1,996,726.
The Composite Index declined 0.01 point to 1,206.02 points, the All T&T Index gained 0.14 points to 1,834.52 points, lowering its year to date loss to 5.85 percent. The Cross Listed Index lost 0.02 points to 77.17 points with year to date gains slipping to 55.87 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 7 stocks with bids higher than last selling prices and 10 with lower offers.
Gains| Clico Investment gained 5 cents to close at $22.60 with 75,378 shares changing hands at a value of $1,703,450, National Enterprises closed at $10.66, adding 1 cent with 500 shares trading and Scotia Investments closed at $1.83, a gain of 2 cents with 222 shares changing owners.
Losses| Ansa Merchant Bank closed at $40, a loss of 1 cent with 6,000 shares changing hands and Grace Kennedy was down 1 cent to $2.72 with 610 shares switching owners.
Firm Trades| Angostura Holdings held firm at $15.50 as 75,000 shares changed hands with a value of $1,162,500, First Citizens Bank, with 4,975 shares being exchanged, closed at $34.93, and JMMB Group closed at 90 cents with 191,407 shares changing hands. Massy Holdings remained at $51 with 1,930 shares changing owners, National Commercial Bank closed trading at $2.87 and an exchange of 95 shares, National Flour Mills, with 2,151 shares switching owners, closed at $2.52. Prestige Holdings closed at $11 with an exchange of 181 shares, Sagicor Financial at $7.63 had 775 shares changing hands and Trinidad & Tobacco NGL closed at $22 with 2,364 shares changing owners.
TCL climbs to hit $4
TCL closed closer to offer price of $4.50.
Trading ended with 13 securities changing hands compared to 11 on Monday as 3 stocks advanced, 2 declined and 8 remained unchanged. Volume traded amounted to 197,320 shares were traded with a value of $1,996,726 in contrast to Monday’s volume of 846,000 units valued at $6,385,564.
The Composite Index declined 1.29 points to 1,206.03 points, the All T&T Index gained 3.83 points to 1,834.38 points, reducing its year to date loss to 5.86 percent. The Cross Listed Index lost 0.88 points to 77.19 points with year to date gains falling to 55.91 percent.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 10 with lower offers.
Gains| National Enterprises closed at $10.65 with gains of 5 cents and 1,900 shares changing hands, Sagicor Financial crept up 1 cent, closing at a 52 weeks’ high of $7.63 with 6,000 shares changing hands. Trinidad Cement advanced 13 cents to close at $4.01 as 124,891 shares were exchanged for a value of $499,813.
Losses| National Commercial Bank closed at $2.87, with a loss of 13 cents as 6,817 shares changed hands and Trinidad & Tobago NGL was down 35 cents to $22 with 2,700 shares switching owners.
Firm Trades| Angostura Holdings remained unchanged at $15.50 with 15 shares changing hands, Clico Investment, with 10,252 shares switching owners, closed at $22.55, and FirstCaribbean International Bank held firm at $8.50 with 24,784 shares changing hands. JMMB Group closed with 4,000 shares changing hands at 90 cents, Massy Holdings held at $51 with 3,924 shares changing owners, Prestige Holdings closed at $11 with an exchange of 16 shares, Scotiabank ended at $58.69 had 12,018 changing hands valued at $705,336 and West Indian Tobacco closed at $127 with only 3 shares changing hands.
CEMEX’s Trinidad Cement offer pushes stock
Trinidad Cement shares in play.
Market activity on Monday saw an increase in trading levels with volume and value rising strongly as 11 securities traded compared to 7 on Friday. At the close, 2 stocks advanced, 2 declined and 7 remained unchanged as 846,000 shares were traded with a value of $6,385,564 in contrast to Friday’s volume of 133,162 units valued at $610,132.
The Composite Index advanced 0.67 points to 1,207.32 points, the All T & T Index gained 1.27 points to 1,830.55 points, reducing its year to date loss to 6.05 percent. The Cross Listed Index was up 0.01 points to 78.07 points with year to date gains of 57.69 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| Sagicor Financial added 1 cent to close at a 52 weeks’ high of $7.62 with 1,000 shares changing hands while Trinidad Cement closed with gains of 49 cents to close at $3.88 as 608,138 shares changed hands for a value of $2,124,450.
Losses| National Flour Mills lost 4 cents to close at $2.52 with 1,010 shares changing hands and Scotiabank lost 1 cent, closing at $58.69 with 59,715 shares exchanged for a value of $3,504,673.
Firm Trades | Angostura Holdings traded firm at $15.50 with 62 shares changing hands, Ansa McAL closed at $66.50 with 73 shares changing hands, Clico Investment, with 4,187 shares switching owners, closed at $22.55, and FirstCaribbean International Bank held firm at $8.50 with 62,210 shares changing hands with a value of $528,785. JMMB Group closed with 109,385 shares changing hands at 90 cents, Massy Holdings remained unchanged at $51 with 120 shares changing owners and West Indian Tobacco closed at $127 with 100 shares changing hands.
Trading picks up on Trinidad Exchange
Market activity on the Trinidad & Tobago Stock Exchange on Friday picked up marginally as the Composite and All T&T Indices recorded positive gains. Trading levels remained low with only 7 securities changing hands compared to 12 on Thursday.
At the close 3 stock advanced, 2 declined and 3 remained unchanged as 133,162 shares traded with a value of $610,132, in contrast to Thursday’s volume of only 25,307 units, valued at $525,554.
The Composite Index advanced 1.21 points to 1,206.65 points, the All T & T Index gained 1.39 points to 1,829.28 points, reducing its year to date loss to 6.12 percent. The Cross Listed Index was up 0.13 points to 78.06 points with year to date gains of 57.67 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 9 with lower offers.
Gains| FirstCaribbean International Bank gained 1 cent to close at $8.50 with 3,554 shares 
changing hands, Guardian Holdings rebounded with gains of 36 cents, closing at $12.90 with 8,683 shares trading and Sagicor Financial added 11 cents to close at 52 weeks’ high of $7.61 as 32,363 shares switched owners.
Losses| Clico Investment slid 5 cents to close at $22.55 while 1,769 shares traded and Trinidad & Tobago NGL lost 5 cents, closing at $22.35 with 3,273 shares changing hands.
Firm Trades| JMMB Group closed with the price unchanged at 90 cents with 66,132 shares switching owners and National Commercial Bank traded at $3 with 16,388 shares changing hands.
