TTSE: Low trading still dominant

Friday, 7th March 2014 | There was trading in 11 securities on the Trinidad & Tobago Stock Exchange of which 3 advanced, 3 declined and 5 traded firm and 58,970 shares changing hands valued at $1,283,833. The Composite Index fell by 1.30 points to close at 1,190.00, the All T&T Index declined by 1.56 points to close at 1,998.60 and the Cross Listed Index inched down 0.13 points to close at 50.09. National Flour mills and Unilever Caribbean traded at new 52 weeks high.

Gains | National Flour Mills traded 1,500 units and closed at $1.07, up 2 cents; Trinidad Cement with 13,050 shares changing hands for a value of $28,409 closed up 5 cents at $2.20 and Unilever Caribbean traded 200 units to close 15 cents higher at $57.15.

Declines | First Citizens Bank traded 3,112 shares for $117,291 as the price declined by a cent to close at $37.69; National Commercial Bank traded 1,500 units to close down 2 cents at $1.16; Scotiabank contributed 2,091 shares with a value of $150,602 as the price fell 50 cents to $72.

TTSEMar7Firm trades | Agostini’s traded a mere 15 units at $17.79; Clico Investment Fund posted a volume of 33,910 shares valued at $729,097 with the price remaining at $21.50; Guardian Holdings traded 1,093 units at $14.49; National Enterprises 666 units at $18.25 and Republic Bank added 1,833 shares valued at $215,400 to close at $117.52.

IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with bids higher than the last selling price and 4 stocks with offers lower.

T&T take Carnival break

Monday, 3rd March, 2014 | No quite Breaking News as every Caribbean citizen knows that today is Carnival Monday! The Trinidad & Tobago Stock Exchange will be closed until Thursday, 6th March.

Let the road march begin!

TTSE: 2 new 52 weeks high

Wednesday, 26th February 2014 | The Trinidad Stock market had two new 52 weeks highs in One Caribbean Media and Unilever stocks at the close of the market.

Overall there was trading in 15 securities of which 5 advanced, 3 declined and 7 traded firm. Trading accounted for 67,234 shares carrying a value of $2,245,979. First Citizens closed trading with an offer to sell 23,444 shares as low as $38 even as the last traded price was $38.43. The bid was for a mere 526 units at $37 suggesting there may be a sharp pull back when next it trades.

At the end of trading the Composite Index gained 0.48 points to close at 1,193.07, the All T&T Index declined by 0.09 points to end at 2,003.44 and the Cross Listed Index advanced by 0.13 points to close at 50.25.

Gains | Stocks trading with price gains at the close of the market are Angostura Holdings with 990 units at $10.76 as the price inched up a cent; Clico Investment Fund in posting a volume of 19,175 shares valued at $413,207, the price advanced by 4 cents to end at $21.55; National Commercial Bank 1,000 shares at $1.17 for a gain of 2 cents; One Caribbean Media 500 shares to close up by 19 cents at $19.50 and Unilever Caribbean gaining 40 cents to end the day at $57 while trading 500 shares.

TTSEFeb26Firm Trades | First Caribbean International Bank added 3,711 shares valued at $24,120 in closing at $6.50; Jamaica Money Market Brokers had 13,700 shares changing hands for a value of $6,850 and closed at 50 cents; National Enterprises traded 10,177 shares for $185,730 to close at $18.25; Neal & Massy had 1,738 units to close at $66.25; Scotiabank exchanged just 2,254 shares at $72.53; Republic Bank swapped ownership of  2,100 shares in closing at $117.50 and West Indian Tobacco contributed 6,089 shares worth $718,502 with the price closing at $118.

Declines | ANSA McAL traded 3,000 shares at $66.50, down by a cent; First Citizens traded only 200 shares to close down by a cent at $38.43; Prestige Holdings fell 8 cents to close at $9.30 while trading only 100 shares.

IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than the last selling price and 6 stocks with offers that were lower.

TTSE: Market moving sidewards

Tuesday, 25th February 2014 | Market activity on the Trinidad Market resulted in 12 securities trading, 3 advanced, 4 declined and 5 traded firm with 343,790 shares changed hands valued at $5,554,435.

The Composite Index inched up by 1.98 points to 1,192.59, the All T&T Index declined by 1.28 points to close at 2,003.53 and the Cross Listed Index advanced by 0.70 points to end at 50.12.

Gains | National Commercial Bank traded 59,456 shares for $68,374, the price rose by 10 cents to $1.15; Scotia Investments traded 129,662 shares valued at $200,196 as the price gained 1 cents to close at $1.53 and Scotiabank gained 28 cents to end the day at $72.53 in trading 1,050 shares.

TTSEFeb25Firm trades | Neal & Massy contributed 48,601 shares with a value of $3,219,816 to close at $66.25; Trinidad Cement added 9,476 shares valued at $19,615 and closed at $2.07; Jamaica Money Market Brokers 7,000 shares to end at 50 cents; Grace Kennedy traded 2,615 shares to close at $3.53 and ANSA McAL 2,388 shares at $66.51.

Declines | First Citizens Bank traded 4,180 shares, the price fell 48 cents to close at $38.44; Clico Investment Fund traded 71,522 shares valued at $1,538,177, the price declined by 7 cents to end at $21.51; Guardian Holdings had 5,800 changing hands at $14.48 for a 2 cents decline; and Sagicor Financial Corporation traded 2,040 units at $7.69 for a loss of a cent.

IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with bids higher than the last selling price and 4 stocks with offers that were lower.

TTSE: Low market activity

Monday, 24th February 2014 | Activity was low on the Trinidad Stock Exchange with only 8 securities trading of which 2 advanced, 2 declined and 4 traded firm. There was a total of 323,415 shares traded valued at $2,178,329.

The Composite Index inched up by 0.74 points to 1,190.61, the All T&T Index advanced by 1.34 points to close at 2,004.81 and the Cross Listed Index edged up by 0.02 points to 49.42.

Gains | The two stocks that recorded gains are Guardian Holdings with 114,365 shares for a value of $1,657,528, the price gained 34 cents to close at $14.50 and Grace Kennedy contributing 75,391 shares with a value of $266,130 and the price closing up 3 cents at $3.53.

TTSEFeb24Firm trades | Jamaica Money Market Brokers with 83,880 shares valued at $42,038 closed at 50 cents; National Flour Mills added 44,000 shares valued at $46,200 to close at $1.05; West Indian Tobacco had 405 units trading at $118 and Neal & Massy 33 units at $66.25.

Declines | Clico Investment Fund lost 10 cents to close at $21.58 while trading 5,271 shares valued at $113,731 and First Citizens traded 70 units to close down by 5 cents at $38.92.

IC bid-offer Indicator | At the end of trading, the Investor’s Choice bid-offer indicator had 5 stocks with bids higher than the last selling price and 3 stocks with offers that were lower.

Buy Rated: Ja Teas & JMMB big gains

Friday, 21st February 2014 |  This week on the Jamaica Stock Exchange, Jamaican Teas gained 19 percent and on the Trinidad Stock market, Jamaica Money Market Brokers (JMMB) 11 percent on the Trinidad market.

Meanwhile, Cable & Wireless, a new selection to the Buy Rated list gained 6% during the past week. General Accident also increased by 6 percent.

Lasco stock continue to be lacklustre with Lasco Distributors and Lasco Financial both shedding 7 percent and Lasco Manufacturing down 8 percent.

BuyRatedTable21FebUpdated reporting | The performance tracking of the Buy Rated Stock Chart shows details of stock gains since selection and now shows the performance for the week. Accordingly, there will no longer be weekly comments on changes as the chart shows the latest movements.

Related posts | D&G, Carreras & C&WJ now Buy Rated | Teas profit up 32 percent | JMMB Q2 profits jumps 56%

Little change to TTSE PE values

Friday, 21st February 2014 | Prices mostly edged down during the past week and five stocks perked up on Friday but the movements had little impact on the market valuation of the stocks.

TTSE_PETable21FebThe general tone on the Trinidad market is more in line with sidewards movement. However, the potential for investors still rests with stocks that can gain over 100% like Trinidad Cement at 325%, Point Lisa (261%), Berger (206%), Guardian Holdings (198%), National Flour (154%), and Neal & Massy (151%).

Related posts | D&G, Carreras & C&WJ now Buy Rated | Buy Rated: Ja Teas & JMMB big gains

TTSE: 2 new highs to close week

Friday, 21st February 2014 | Republic Bank and One Caribbean Media traded at new 52 weeks high to close off a week on the Trinidad & Tobago Stock Exchange that was characterised more by declining stocks than vs. those that enjoyed price gains.

On Friday, 10 securities traded of which 5 advanced, 1 declined and 4 traded firm but the Composite Index declined by 2.22 points to 1,189.87, the All T&T Index advanced by 3.84 points to close at 2,003.47 and the Cross Listed Index fell by 1.10 points 49.40. Trading accounted for only 23,960 shares valued at $709,322.

Gains | Stocks trading with increased prices are ANSA McAL with 25 shares at $66.51, up a cent; One Caribbean Media 261 shares at $19.31 for a gain of 6 cents; First Citizens Bank 77 shares to close up by 27 cents at $38.97; Republic Bank 1,000 shares valued at $117,500 and gained 50 cents to end the day at $117.50; Scotiabank with a volume of 3,000 shares being traded for $216,750 as the price closed up 25 cents at $72.25.

TTSEFeb21Firm trades | Clico Investment Fund exchanged 11,000 shares valued at $238,480 to close at $21.68; National Enterprises traded 6,153 shares changing hands for a value of $112,292 and Trinidad Cement with 216 units at $2.07.

Losers | First Caribbean International Bank contributed 2,100 shares with a value of $13,650, falling $0.25 to end the day at $6.50.

IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with bids higher than the last selling price and 4 stocks with offers that lower. The bulk of the stocks with higher bids are Jamaican based companies.

TTSE: Prices still struggling to move up

Thursday, 20th February 2014 | Overall Market activity resulted from trading in 14 securities of which 3 advanced, 2 declined and 9 traded firm. The Composite Index declined by 0.34 points to close at 1,192.09, the All T&T Index slipped by 0.81 points to close at 1,999.63 and the cross listed index advanced by 0.01 points to close at 50.50.

Trading activity on the First Tier Market registered a volume of 159,297 shares crossing the floor valued at$2,583,712.

Gains | Scotia Investments had 1,900 units trading to close at $1.52 as it gained 2 cents; Trinidad Cement had 43,524 shares changing hands for a value of $89,825 and closed up 2 cents at $2.07 and Unilever Caribbean enjoyed a gain of 7 cents to $56.60, a new 52 weeks high.

TTSEFeb20Firm Trades | Angostura Holdings added 4,905 shares valued at $52,729 to close at $10.75; ANSA McAL traded only 250 units at $66.50; Guardian Holdings had 13,910 shares being traded for $196,966 to close at $14.16; Jamaica Money Market Brokers contributed 13,500 shares with a value of $6,750, and closed at 50 cents; National Enterprises traded a mere 13 units at $8.25; Neal & Massy Holdings put in 526 units at $66.25; One Caribbean Media 30 units at $19.25; West Indian Tobacco. 60 units at $118.

Declines | First Citizens Bank had a 27 cents fall to close at $38.70 as 2,729 shares were traded and Clico Investment Fund traded 73,650 shares valued at $1,596,732 and declined by 2 cents to end at $21.68.

IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with bids higher than the last selling price and 2 stocks with offers that were lower.

TTSE: Little forward movement so far

Tuesday, 18th February 2014 | The Trinidad & Tobago stock market continues to exhibit weakness as most price changes on Tuesday were down with only on price being up.

In today’s trading on the Trinidad stock market 9 securities changed hands of which 1 advanced, 3 declined and 5 traded firm. Trading resulted in just 171,274 shares changing hands valued at $1,501,139.

The Composite Index eased by 0.83 points to 1,192.38, the All T&T Index slipped by 1.75 points to close at 2,000.34 and the Cross Listed Index edged up by 0.02 points to close at 50.49.

Gains | One Caribbean Media was the only stock to advance as the price gained 23 cents to end at $19.25 with 775 shares changing hands.

TTSEFeb18Firm Trades | While the market tended to be on the weak side here were more stocks trading firm than those declining with Clico Investment Fund closing at $21.70 while trading 22,026 shares valued at $477,964; Jamaica Money Market Brokers had 100,000 shares changing hands for a value of $50,100 with the price closing at 50 cents; Neal & Massy contributed 7,505 shares with a value of $497,341 and closed at $66.27; Point Lisas Port Development traded 316 units to close at $3.60 and Republic Bank had just 53 shares and closed at $117.

Losers | First Citizens Bank added 2,107 shares valued at $82,136, lost 2 cents to end at $38.98; Sagicor Financial Corporation added 37,325 shares valued at $287,403 to close at $7.70 for a decline of 4 cents and Scotiabank price fell 50 cents to close at $72.00 while trading 1,167 units.

IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with bids higher than the last selling price and 5 stocks with offers that were lower.

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