TTSE: TCL is volume leader

Thursday, 7th November 2013 | Today’s activity on the Trinidad Stock Exchange resulted in trading of 13 securities of which 5 advanced, 1 declined and 7 traded firm with 374,458 shares being exchanged valued at $3,150,443.

Trinidad Cement was the volume leader with 146,255 shares changing hands for a value of $331,849.05, followed by Sagicor Financial with a volume of 105,710 shares being traded for $767,397.50; Grace Kennedy contributed 43,300 shares with a value of $176,806 and closed at $4.08, while First Citizens Bank added 15,149 shares valued at $544,194 to close firm at $36; Grace Kennedy traded 43,000 units firm at $4.10; Republic Bank gained 48 cents to end the day at $113.00 while trading 774 units; Scotia Bank traded 767 units at a new 52 weeks high of $71.59 up 2 cents; Trinidad Cement fell 6 cents to close at $2.27; One Caribbean Media closed at $18.30 while trading 4,415 shares and closed down 4 cents; West Indian Tobacco had 1,000 shares and closed firm at $120.

TTSENov7On the Mutual Fund Market, 49,658 shares changed hands for a value of $960,938.73. Clico Investment Fund was the most active security, with a volume of 43,658 shares valued at $939,338.73 and remained at $21.52. Praetorian Property Mutual Fund advanced by $0.19 to end at $3.60 with 6,000 units.

IC bid-offer Indicator | At the end of trading, the bid-offer indicator showed that there were bids for 4 stocks being higher and 4 stocks with offers lower than their last selling price.

TTSE: Moderate trading continues

Wednesday, 6th November 2013 | Trading continues to be very moderate on the Trinidad & Tobago Stock Exchange with only 159,222 shares changing hands with a value of $3,248,583, resulting in trading of 13 securities of which 4 advanced, 2 declined and 7 traded firm.

Trinidad Cement had 78,110 shares changing hands for a value of $180,604, the price fell 3 cents to $2.31 after the company posted results that showed just a small profit in the September quarter compared to the first two quarters as problems with the plants in Barbados and in Trinidad resulted in lost sales and increased operating cost. Guardian Holdings saw 4,000 shares trade for $15 each; Neal & Massy traded 3,150 units to close up 2 cents at $57.67; Republic Bank with 13,893 shares trading for $1,563,240 enjoyed a price gain of 11 cents to close at $112.52; Scotia Investments contributed 10,700 shares with a value of $20,758 to close firm at $1.94, while Sagicor Financial added 8,170 shares valued at $59,233 as it closed unchanged at $7.25. West Indian Tobacco traded 2,930 units unchanged at $120.

TTSENov6Clico Investment Fund exchanged 35,997 shares valued at $774,492 but the price declined by 7 cents to end at $21.52.

Scotia Bank traded at a new 52 weeks high at $71.57 up by 4 cents as just 612 units traded.

IC bid-offer Indicator | At the end of trading there were bids for 6 stocks that were higher than their last selling prices and 5 stocks on offer lower than the last selling price.

Image courtesy of watcharakun/FreeDigitalPhotos.net

TTSE: Trading up not prices

Tuesday, 5th November 2013 | Trading, which has been very poor for the last two trading days on the Trinidad Stock Exchange, picked up a bit to swap 169,000 shares with a value of $5,398,127, resulting in trading of 13 securities of which none advanced, 4 declined and 9 traded firm.

ANSA McAL traded 1,930 units and suffered a 3 cents loss to close at $66.25; First Citizens Bank price dropped by 19 cents to end the day back at $35.56 as it traded 2,833 shares; National Commercial Bank had 23,100 shares changing hands for a value of $26,334 as the price closed up 2 cents to reach $1.14; Guardian Holdings contributed 4,630 shares valued at $69,450 and closed at firm at $15; Guardian Media contributed 10,894 shares with a value of $212,433; Neal & Massy Holdings traded 60,000 shares for a value of $3,459,102 while Scotiabank added 1,300 shares valued at $92,989 as the price moved up by 2 cents to $71.53, a new 52 weeks high.

TTSENov5Clico Investment Fund had a volume of 58,201 shares valued at $1,256,274 as the price fell 1 cent to close at $21.59.

IC bid-offer Indicator| At the end of trading there were bids for 5 stocks that were higher than their last selling prices and 3 stocks on offer lower than the last selling price.

TTSE: Trading sinks but Citizens rise

Monday, 4th November 2013 | Trading was very low on Friday last on the Trinidad Stock Exchange but it sank even lower on the first trading day of the week to a mere 39,609 shares, with a value of $649,052. Trading represented 12 securities of which 4 advanced, 3 declined and 5 traded firm.

First Citizens Bank price rose by 55 cents to end the day at $35.75 as it traded 11,213 shares valued $398,747; National Commercial Bank had 20,000 shares changing hands for a value of $22,800 as the price closed up 2 cents to reach $1.14; Guardian Holdings contributed 3,324 shares with a value of $49,860 and closed at $15, down 15 cents; while Scotiabank added 1,300 shares valued at $92,989 as the price moved up by 2 cents to $71.53, a new 52 weeks high.

TTSENov4Clico Investment Fund had a volume of 2,278 shares valued at $49,205 as the price fell 4 cents to close at $21.60.

IC bid-offer Indicator | At the end of trading there were bids for 3 stocks that were higher and 5 stocks on offer lower than the last selling price.

TTSE: Almost no trades

Friday, 1st November 2013 | Trading on the first day on November took place in 12 securities of which 5 advanced, 5 declined and 2 traded firm but the level of trading on the Trinidad Exchange was at a parlous level with only 54,118 units valued at $1,047,965 trading.

Clico Investment Fund advanced by 4 cents to end at $21.64 while trading 36,823 shares valued at $796,695.

So low was trading in the main market that Jamaica Money Market Brokers with a mere 10,000 shares was the volume leader for the day as the price slipped to 61 cents followed by First Citizens Bank with a volume of 3,093 valued at $108,874 as the price closed at $35.20, up 20 cents. National Enterprises contributed 1,330 shares with a value of $23,900 and closed at $17.97, while Republic Bank added 892 shares valued at $100,252 to close at $112.39.

TTSENov1Unilever Caribbean gained 42 cents to end the day at $56.01 with only 12 shares. Elsewhere price changes were one or two cents per stock.

IC bid-offer Indicator | At the end of trading, the Investor’s Choice bid-offer indicator showed bids for 3 stocks being higher and 4 stocks with offers lower than their last selling price.

TTSE: Witco up $1, Citizens drops $2.50

Thursday, 31st October 2013 | West Indian Tobacco Company price jumped $1.00 to end the day at $120 as only 124 units traded and First Citizens Bank dropped back by $2.50 to close at $35 trading 9,559 shares valued at $336,475.

Trading picked up somewhat on the Trinidad Stock Exchange with stocks of 15 companies trading compared to 12 on Wednesday.  Trading activity resulted in 5 advancing, 2 declining and 8 traded firm as 80,041 shares changed hands valued at $1,615,517.

Jamaica Money Market Brokers had a volume of 14,483 shares traded for $8,979 to close firm at 62 cents; Neal & Massy Holdings contributed 11,000 shares with a value of $634,150 and gained 8 cents to close at $57.65. Point Lisas traded 8,900 units firm at $3.77; Sagicor Financial Corporation saw trading in 14,600 shares for a value of $105,850 and the price closed unchanged at $7.25; Ansa Merchant Bank traded just 10 shares but gained 80 cents to close at $38.60.

TTSEOct31Clico Investment Fund had a volume of 15,002 shares valued at $323,993 trading as the price advanced by 10 cents to end at $21.60.

IC bid-offer Indicator | At the end of trading, the Investor’s Choice bid-offer indicator showed bids for 2 stocks being higher and 2 stocks with offers lower than their last selling price.

TTSE: First Citizens up by $2.49

Wednesday, 30th October 2013 |  First Citizens Bank traded 15,556 shares valued at $551,915 increasing by $2.49 to end the day at $37.50 and had an offer at $37.49 cents at the end for 3.373 units. The price at these levels seems ahead of the market currently as demand really seems around the $35 level but supply is not great.

Trading on the Trinidad market was confined to 12 securities of which 3 advanced, 4 declined and 5 traded firm as investors picked up units 754,083 valued at $11,064,068.

Angostura Holdings fell 6 cents to close at $13.43 as 15,556 shares traded, Guardian Holdings suffered a 10 cents fall to close at $15.15 while trading 14,300 shares.

TTSEOct30One Caribbean Media traded 504,000 shares for a value of $9,172,800 as it closed up 10 cents at $18.20; National Flour Mills had 121,000 shares traded for $114,950; Point Lisa Port development traded 5,650 units unchanged at $3.77; Republic Bank traded 1,135 units to close at $112.35 down 65 cents. Scotia Investments contributed 41,096 shares with a value of $80,127 as it traded down a cents at $1.95 and Trinidad Cement traded 10,000 units firm at $2.35.

Clico Investment Fund traded 30,321 shares valued at $651,829 and closed firm at $21.50.

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

TTSE: Trading picked up

Tuesday, 29th October 2013 | Trading picked up on the Trinidad & Tobago Stock Exchange with 371,463 shares crossing the floor valued at $6,180,176 as 14 securities changed hands of which 4 advanced, 3 declined and 7 traded firm.

One Caribbean Media traded 200,000 shares valued at $3,639,650 but the price fell 10 cents to $18.20; Trinidad Cement gained 15 cents while closing at $2.35 with a volume of 43,076 shares traded for $101,227; Jamaica Money Market Brokers contributed 33,000 shares with a value of $20,610; First Caribbean International Bank traded 8,290 units firm at $6.75; First Citizens Bank traded 16,926 units firm at $35.00, while National Commercial Bank added 18,839 shares valued at $20,911.29. Neal $ Massy gained 3 cents $57.55; Republic Bank gained 68 cents to end the day at $113 while trading just 4,926 shares; Scotia Investments traded 9,904 firm at $1.95; Scotiabank traded 6,741 up a cent at $71.51

TTSEOct29Clico Investment Fund traded 24,740 shares valued at $531,910 with the price remaining a $21.50.

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

Image courtesy of Photokanok/FreeDigitalPhotos.net.

TTSE: A moderate day

Monday, 28th October 2013 | Trading was very moderate even as 13 securities traded of which 2 advanced, 4 declined and 7 traded firm, however, just 118,270 shares changed hands valued at $1,296,414.

In trading, Jamaica Money Market Brokers exchanged 49,600 shares changing hands for a value of $32,740 as the price fell 5 cents to close at $0.66; Trinidad Cement chipped in with 15,000 shares valued at $33,000 as the price remained unchanged at $2.20; National Flour Mills traded firm at 95 cents while contributing 6,000 shares with a value of $5,700, while National Commercial Bank added 5,333 shares valued at $5,920, traded down 3 cents to end at $1.11. Neal & Massy traded 3,951 units 2 cents higher at $57.52. Republic Bank gained 14 cents to end the day at $112.32 while trading just 100 shares while Sagicor Financial traded 3,479 units unchanged at $7.25.

TTSEOct28Clico Investment Fund remained at $21.50 while trading 26,256 shares valued at $564,504.

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

TTSE PE: Republic fails to hold on

Friday, 25th October 2013 | The were marginal changes to prices of stocks on the Trinidad Stock Exchange with Trinidad Cement and Republic Bank being the notable exceptions.

Trinidad Cement fell back on Friday to $2.10, thus raising the potential gains back to 500 percent. The stock sits at the top of the PE Ratio list followed by Berger at 206%, Guardian Holdings and National Flour almost dead even at 177% and 178% respectfully, Point Lisa 112% and Neal & Massy 88%.

Republic Bank traded as high as $117.17 early in the week but failed to hold on as the price moved well ahead of where the market would be normally trading at. As of the close of this week, Republic Bank has potential gains of 50% based on IC Insiders PE Ratio chart.

TTSE_PEOct35Related posts | TTSE: Republic Bank drops | TTSE PE ratio: Angostura off potential buy list

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