Low activity hits TTSE on Wednesday

January 11, 2017 by

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

Trading on the Trinidad & Tobago Stock Exchange mostly lost grounds at the close on Wednesday. Trading levels fell way below previous days with just 7 securities changing hands compared to 13 on Tuesday.
Only 1 stock advanced, 2 declined and 4 held firm with 28,747 units being traded, valued at $573,758 compared to Monday’s 270,371 shares valued at $2,062,449. At the close of trading, the Composite Index dropped 0.14 points to 1,214.95 points, the All T & T Index fell 0.34 points to 1,836.96 points and the Cross Listed Index gained 0.01 point to 79.28 points.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 7 stocks with bids higher than their last selling prices and 3 with lower offers.
Gains| Sagicor Financial added 1 cent to close at a 52 weeks high of $8.02 with 12,555 shares changing hands.
Losses| Guardian Holdings closed at $12.80, down 20 cents with 7,000 units changing owners and Republic Financial Holdings lost 1 cent to close at $108.43 with 3,076 shares being exchanged, valued at $333,531.
Firm Trades| First Citizens closed trading at $34.97 with 421 units changing hands, JMMB Group held firm at 92 cents with an exchange of 4,973 shares, Massy Holdings, with 472 shares trading, closed at $51.99 and Trinidad & Tobago NGL closed at $20.49 with 250 shares changing ownership.

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

Trinidad Cement investors saying no deal

January 10, 2017 by

TCL closed at $5.05 on Tuesday but bid and offer suggest no deal.

Trinidad Cement share price soared on the Trinidad market on Tuesday following an announcement by Sierra Trading that the offer to acquire majority shares is increased to TT$5.07 from TT$4.50. The stock advanced 38 cents to close at a 52 weeks’ high of $5.05 with 6,000 shares changing hands.
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.

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

More securities actively traded Monday

January 9, 2017 by

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.

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

3 TTSE stocks rise 3 fall

January 6, 2017 by

The Trinidad stock market closed Friday with the two main indices falling with advancing stocks equalling each other. Trading ended with 222,518 units changing hands, valued at $4,418,139 compared to Thursday’s 326,391 units valued at $3,531,245.
Trading closed on with 11 securities changing hands, the same as Thursday with 3 stocks advancing, 3 declining and 5 remaining unchanged.
The Composite Index fell 0.43 points to 1,211.75 points, the All T&T Index dropped 1.11 points to 1,834.09 and the Cross Listed Index gained 0.04 points to close at 78.80 points.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 4 with lower offers.
Gains| Guardian Media gained 1 cent and closed at $19 with 2,000 units traded, Scotia Investments closed at 52 weeks’ high of $2.05, adding 4 cents with 6,000 units trading and Scotiabank gained 3 cents to close at $58.80 with 130 shares changing hands.
Losses| Clico Investments suffered a loss of 19 cents, closing at $22.60 with 8,706 shares trading, Republic Financial Holdings closed at $108.43, a loss of 1 cent with trades of 15,472 shares valued at $1,677,630 and Trinidad & Tobago NGL fell 49 cents to $20.50 after trading 107,200 units valued at $2,197,600.
Firm Trades| Grace Kennedy closed trading at $2.67 trading 840 units, Guardian Holdings held firm at $13 with an exchange of 2,700 shares. JMMB Group was unchanged at 92 cents trading 23,075 units, Massy Holdings closed at $52 with 1,900 units changing owners and National Flour Mills traded 54,495 shares closing at $2.40.

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

All round rise for TTSE market indices

January 5, 2017 by

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.

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

Guardian help push TTSE index

January 4, 2017 by

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.

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

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.

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

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.

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

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.

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

4 stocks hit lows on TTSE – Thursday

December 29, 2016 by

Guardian Media is one of 4 stocks in T&T to close at 52 weeks’ low on Thursday..

Trading on the Trinidad & Tobago Stock Exchange on Thursday resulted in 13 securities changing hands compared to 12 on Wednesday.
Market activity ended with 2 stocks rising, 4 declining to 52 weeks low and 7 holding firm, with 155,564 shares being traded valued at $1,446,576 compared to 318,033 shares being traded valued at $2,502,324 on Wednesday.
The Composite Index remained unchanged at 1,206.16, the All T&T Index gained just 0.01 points to 1,832.68 with a year to date loss at 6 percent. The Cross Listed Index was stuck at 77.46 points with year to date gains of 55.65 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 7 stocks with bids higher than last selling prices and 2 with lower offers.
Gains| JMMB Group traded 115,000 units to end at 90 cents with a 1 cent rise and West Indian Tobacco rose 7 cents on the trading of 19 shares to close at $126.95.
Losses| All the stocks declining closed at 52 weeks lows and include Calypso Macro Index Fund that declined by 8 cents to end at $21.89 with just 91 units trading, Guardian Media lost 1 cent to close at $18.99 with 100 units changing hands. One Caribbean Media fell 9 cents to end $19.90 with 195 shares and Unilever Caribbean lost 1 cent with 49 units trading, to end at 52 weeks low of $59.84.
Firm Trades| Ansa McAl traded just 29 shares at $66.50, Guardian Holdings traded 26,034 units valued at $329,330 to close at $12.65, National Flour Mills closed at $2.52 with 885 units trading. Point Lisas traded 3,145 shares at $3.70, Prestige Holdings traded 265 units at $11, Republic Financial Holdings with a volume of 9,037 shares valued at $979,972 being traded, closed at $108.44 and Trinidad and Tobago NGL traded 115 shares at $21.

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