Monday, 17th February 2014 | The market continues to show little forward movement similar to last week but that may change based on the IC bid offer indicator which shows some 5 stocks closing with bids above their last sale price.

In today’s trading on the Trinidad stock market, 10 securities changed hands of which 1 advanced, 2 declined and 7 traded firm. Trading resulted in just 136,077 shares changing hands valued at a mere $699,960.

The Composite Index inched by 0.54 points to 1,193.21, the All T&T Index advanced by 0.11 points to close at 2,002.09 and the Cross Listed Index edged up by 0.12 points to close at 50.47.

Gains | Jamaica Money Market Brokers, fresh from releasing the December quarterly report with profits from continuing operations rising 49 percent for the 9 month period, had 101,882 shares changing hands for a value of $50,422 with the price closing up 4 cents to close at 50 cents.

Firm Trades | Angostura Holdings contributed 3,100 shares with a value of $33,325, while First Citizens Bank traded 994 shares to close at $39.00; National Flour Mills with a volume of 5,000 shares being traded for $5,250; West Indian Tobacco traded 300 units to close at $118.00; Grace Kennedy Traded only 200 shares to close at $3.51; Republic Bank had just 178 shares and closed at $117.00 and National Enterprises put in a mere 100 units to close at $18.25.

Losers | Clico Investment Fund suffered a 30 cents fall to close at $21.70 while trading 23,294 shares valued at $505,480 and Sagicor Financial Corporation added 1,029 shares valued at $7,964 to close at $7.74 off by a cent.

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 6 stocks with offers that were lower.

Tuesday, 11th February 2014 | Trading on the Trinidad & Tobago Stock Exchange has gone quiet with advancing stocks difficult to come by, resulting in 12 securities changing hands of which only 1 advanced, 4 declined and 7 traded firm. Trading activity produced only 139,787 shares valued at $2,694,604.

The Composite Index declined by 0.52 points and closed at 1,194.46, the All T&T Index edged down 0.82 points to 2,002.46 and the Cross Listed Index was off 0.03 to end at 50.76.

Gains | National Flour Mills was the only stock to record a gain as it traded 26,000 shares for $27,300 as the price climbed by 5 cents to end the day at $1.05, a new 52 weeks high. 

Declines | The number of declining stocks increased as First Citizens lost 3 cents to close at $38.97, while trading 2,927 shares for a value of $4,858,713; Grace Kennedy with 5,000 units is down 2 cents to end at $3.68; Republic Bank traded 8,860 shares valued at $1,036,620 with the price ending the day at $117, for a 25 cents fall; Sagicor Financial Corporation traded 70,000 units for a value of $558,800 as the price closed at $7.98 down 2 cents.

Firm trades | Stocks trading firm include Angostura Holdings with contribution of 15,000 shares with a value of $161,250, the price ended at $10.75; Clico Investment Fund traded 3,133 shares valued at $69,083, with the price remaining at $22.05; Guardian Holdings with 1,000 shares at $14.15; Guardian Media traded 837 shares to close at $19.75; National Enterprises 1,000 shares at $18.25; Neal & Massy traded 11,256 shares valued at $745,710 to close at $66.25; Scotiabank traded 1,260 shares to close at $72.50 and West Indian Tobacco 4,845 shares at $118.

IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator remained negative with 3 stocks with bids that were higher than the last selling prices and 7 stocks with offers that were lower.

Monday, 10th February 2014 | First Citizens was the only stock trading with price change on the Trinidad & Tobago Stock Exchange. The stock’s price went up by 48 cents to close at $39 while trading 124,585 shares for a value of $4,858,713. Trading resulted in just 8 securities of which 1 advanced, none declined and 7 traded firm as the market seems to have gone a bit soft.

The Composite Index declined by .29 points and closed at 1,194.98, the All T&T Index edged down .58 points to 2,003.28 and the Cross Listed Index was unchanged at 50.79. Trading activity produced 341,345 shares valued at $10,887,842.

Declines | There were no declines in the market at the end of trading.

Firm trades | Angostura Holdings that contributed 6,800 shares with a value of $73,100, the price ended at $10.75; Clico Investment Fund traded 119,320 shares valued at $2,631,541, with the price remaining at $22.05; Neal & Massy traded 11,256 shares valued at $745,710 to close at $66.25; Republic Bank traded 15,572 shares valued at $2,060,317 with the price ending the day at $117.25; Sagicor Financial Corporation traded 61,012 units for a value of $487,596 as the price closed at $8; Scotiabank traded 300 shares to close at $72.50.

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 prices and 8 stocks with offers that were lower.

Tuesday, 4th February 2014 | National Commercial Bank added a big trade on the Trinidad stock market with 18.3 million shares at a value for $19.5 million out of the total 20,005,579 units with a value of $34,760,320 that traded. Market activity resulted in 12 securities changing hands of which 8 advanced, 1 declined and 3 traded firm.

The Composite Index increased by 3.30 points to close at 1,194.05, the All T&T Index moved up by 2.22 points to 2,004.12 and the Cross Listed Index advanced by 0.59 points to 50.43.

Gains | Clico Investment Fund, posted a volume of 34,960 shares valued at $770,885, the price gained a cent to end at $22.06; First Citizens Bank traded only 2,727 units to close at $39.95, up by 45 cents; Guardian Holdings  mustered up 26,476 units as the price closed with 10 cents gain at $14.10; National Commercial Bank exchanged 8,250,000 shares for a value of $19,527,500, the stock closed at $1.07 up by 7 cents; Neal & Massy traded 2,000 to close up by 13 cents at $65.33, the stock closed with a bid of $66.01 to buy 29,788 shares; Point Lisas Industrial Port Development had a big volume of 1,584,486 shares traded for $5,862,598 as the price $3.70 for a 20 cents gain; Sagicor Financial swapped 2,298 units for $7.61 each for a gain of 12 cents; and Unilever Caribbean traded 2,055 units at $56.53 for a 13 cents increase.

Firm trades | Angostura Holdings added 36,089 shares valued at $387,957 to close at $10.75; Republic Bank contributed 52,785 shares with a value of $6,160,537, while the price closed at $116.71; and West Indian Tobacco traded 10,999 units at $118.

Declines | Prestige Holdings was is sole decliner, falling 5 cents to end the day at $9.35, only 704 units were traded.

IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator had 9 stocks with bids that were higher than the last selling prices and 2 stocks with offers lower.

Monday, 3rd February 2014 | The first trading day for February on the T&T Exchange saw more stocks losing value than those that gained as 9 securities changed hands of which 2 advanced, 6 declined and 1 traded firm. The Composite Index edged down by 1.29 points to 1,190.75, the All T&T Index declined by 2.54 points to 2,001.90 and the Cross Listed Index eased by 0.01 points to close at 49.84.

Trading resulted in a mere 96,942 units changing hands with a value of $2,855,024.

Stocks gaining | Agostini’s traded 106 units at $17.80 as the price gained by a cent and Republic Bank exchanged 10,108 shares for $1,179,705 with the price increasing by a cent to end the day at $116.71.

Stocks falling | Ansa Merchant Bank which traded a mere 23 shares with the price declining by 11 cents to end at $38.49; Clico Investment Fund posting a volume of 66,040 shares valued at $1,456,322, the price declined by 45 cents to end at $22.05; First Citizens Bank traded just 992 units to close $1.49 down at $38.50; Grace Kennedy contributed 7,680 shares with a value of $28,416 but the price inched down by a cent to $3.70; Scotiabank traded 500 shares as the price dropped by 40 cents to end at $72.61 while Trinidad Cement added 1,323 shares valued at $2,844 for a 15 cents fall to $2.15.

Firm Trade | Angostura Holdings had 10,170 shares changing hands for a value of $109,328, the stock closed unchanged at $10.75.

IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator had 8 stocks with bids higher than the last selling prices and 2 stocks with offers that were lower.

Thursday, 30 January 2014 | High flyer, First Citizens Bank, dropped by $1.99 to $38 at the end of trading on the Trinidad Stock Exchange as it traded only 100 units. The stock peaked at $43 last week and then started to decline thereafter with some profit taking by investors. Citizens was listed in September 2013 after a very successful IPO at $22 each.

Advancing and declining stocks were evenly matched in trading as 275,935 shares traded with a value of $4,712,718 with 15 securities trading of which 4 advanced, 4 declined and 7 traded firm. The Composite Index declined by 3.25 points to close at 1,184.66, the All T&T Index declined by 6.19 points to close at 1,997.83 and the Cross Listed Index fell 0.04 points to close at 48.862

Gainers | The main traded stocks with gains include Clico Investment Fund that traded 108,408 shares valued at $2,438,828, the price increased by 4 cents to end at $22.51; Neal & Massy closing at $65.16 up 15 cents; One Caribbean Media traded only 50 shares with the price closing at $18.82 up 5 cents; Sagicor Financial Corporation exchanged 25,441 shares for a value of $$190,631 to close up 21 cents at $7.51.

Losers | With the exception of the fall in First Citizens Bank, declines were moderate as Agostini’s lost a cent to close at $17.99 with 7,300 shares trading; Jamaica Money Market Brokers traded 90,040 shares for a value of $40,588 but the price declined by 5 cents to end at 45 cents; Scotia Investments had a volume of 5,000 shares traded for $71,000 as the stock price ended down 3 cents to close at $1.42.

Firm trades | More stocks traded with their prices unchanged than the gainers or losers. Included amongst them are Angostura Holdings traded 21,038 units to close at $10.75; Ansa MaCal traded 3,148 units to close at $66.30; Grace Kennedy traded 500 units to close at $3.71; Guardian Holdings traded just 140 units to close at $14; National Enterprises contributed 2,111 shares to close at $18.25. West Indian Tobacco added 11,247 shares valued at $1,327,146 as the stock closed at $118.

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