NCB Financial hits record TT$8.50 – Monday

NCB stock jumped to TT$8.50 on TTSE.

In market activity on the Trinidad & Tobago Stock Exchange on Monday NCB Financial traded at an intraday high of $8.50 but drifted back down to $7.95 at the close.
At the close of trading 16 securities were active against 12 on Friday, with 5 advancing, 6 declining and 5 remaining unchanged on a day when both the volume a value of trading increased above Friday’s levels.
At close of the market the Composite Index gained 16.56 points to 1,294.65. The All T&T Index rose 3.87 points to 1,694.97, while the Cross Listed Index added 4.05 points to close at 120.84.
Trading ended with 812,542 shares at a value of $10,196,809 compared to 611,620 shares at a value of $5,060,996 on Friday.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 4 stocks with the bid lower than the last selling price and 2 with lower offers.
Stocks closing with gainsNational Enterprises rose 5 cents and completed trading 300 stock units at $8, Prestige Holdings closed with a gain of 15 cents to $7.50, with 220 units changing hands, Scotiabank concluded trading of 13,166 units with a rise of 8 cents to $64.74, Trinidad & Tobago NGL added 3 cents and concluded at $29.15, after exchanging 2,614 shares and West Indian Tobacco increased 25 cents and settled at $95.25, trading 700 units.
Stocks closing with losses| Clico Investments concluded trading with a loss of 5 cents at $20.15, with 35,930 stock units changing hands, First Citizens traded with a loss of 1 cent at $32.75, after exchanging 12,567 shares, Guardian Holdings closed with a loss of 1 cent and settled at $18, trading 378 units, NCB Financial Group declined by 5 cents and concluded trading at $7.95, after exchanging 43,502 shares up to an intraday record high of $8.50, Republic Financial Holdings shed 26 cents and ended at $107, exchanging 22,969 shares and Sagicor Financial lost 3 cents and completed trading at $9.97, with 375,798 stock units changing hands.
Stocks closing firm| First Caribbean International Bank settled at $8.05, with 151,350 units changing hands, JMMB Group ended market activity at $1.75, after exchanging 100,000 shares, LJ Williams B share ended at 75 cents, after trading 50,000 shares, Massy Holdings ended at $45, in exchanging 1,748 shares and Unilever Caribbean completed trading at $23, with 1,300 stock units changing hands.

Prices of securities trading for the day are those at which the last trade took place.

Unilever still pressured by T&T economy

The collapse of Unilever share price.


Profit surged sharply for the troubled Trinidad Stock Exchange listed Unilever Caribbean. The improvement was not coming from normal operations but mostly from sale of assets.
The company reported profit after tax of $167 million for the September quarter, up from just $170,000 for the 2017 period and $252 million up from $112 million for the nine months to September 2017.
The company sold off the spread business line and realised a gain of $161 million, it also sold fixed assets that realised gains of $3.5 million in the quarter. Excluding these gains, profit would be just $2 million for the quarter but a big improvement over the amount earned in 2017.

Unilever products – Unilever Caribbean continues to trade at new highs virtually each time it trades

For the nine months profitswould amount to $12 million or 46 cents per shares, up from $7 million in 2017 or 27 cents per share.
Sale revenues dropped 28 percent for the quarter, to $79 million from $109 billion in 2017 as the sales of the spread business took effect plus continued pressure being experienced in the eastern Caribbean market, that is a big part of the area they cover. Revenues fell 16 percent for the year to date, to $294 million from $350 million in 2017.
Gross profit margin improved from 33 percent in the 2017 September quarter to 34 percent in 2018 but is down to 35 percent for the nine months from 36 percent in 2017, resulting gross profit of $27 million for the September 2018 quarter, from $36 million in 2017 and for the nine months period, it moved from $126 million down to $104 million.

Profit of Unilever Caribbean has almost evaporated in 2017.

Administrative expenses were flat at $5.6 million for the quarter and fell 19 percent in the nine months to $18 million. Marketing and sales expenses declined by 37 percent to $19 million in the quarter and 21 percent to $74 million for the nine months.
Revenues reached a high of $588 million in 2014, dipped to $549 million in 2015, recovered a bit in 2016 to $566 million before falling sharply in 2017. Profit peaked at $70 million in 2013 dropped sharply in 2014 to just over $47 million in 2015 and $42.5 in 2016 and declined to $10.5 million in 2017.
Operational gross cash flow brought in just $316,000. At the end of September, shareholders’ equity stood at $388 billion with no borrowed funds used to finance the operations. Net current assets ended the period at $243 million inclusive of trade and other receivables of $84 million, cash and bank balances of $61 million and $202 million due from related parties. Current liabilities stood at $164 million inclusive of $54 due from related parties.
The stock traded at $23 on the Trinidad and Tobago Stock Exchange with a PE ratio around 40 times 2018 earnings. The company paid a dividend of $2 in the period. Net asset value is TT$14.80 with the stock selling at 1.55 book value.

TTSE stocks closed mostly higher – Friday

The Trinidad & Tobago Stock Exchange, closed with all indices gaining on Friday, with the Composite Index rising 0.62 points on Friday to 1,219.43, the All T&T Index added 0.24 points to 1,691.18, while the Cross Listed Index inched 0.14 points higher to 100.51.
At close, 13 securities changed hands, with the price of 4 rising, 3 declining and 6 remaining unchanged, against 16 trading on Thursday.
The market ended trading of 103,614 shares valued $2,240,963, compared to 988,299 shares valued $25,956,830 changing hands on Thursday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading closed with 3 stocks ending with higher bids than the last selling prices and 4 with lower offers.
Stocks closing with gains| Ansa Mcal added 50 cents and settled at $56, trading 25 units, Clico Investments increased 10 cents and completed trading at $19.90, with 28,305 stock units changing hands, JMMB Group rose 5 cents and ended at $1.70, after exchanging 15,000 shares and One Caribbean Media closed with a gain of 1 cent to end at $12.11, after trading 5,500 shares.
Stocks closing with losses| Massy Holdings fell 20 cents and ended at $47, after exchanging 7,105 shares, Point Lisas closed with a loss of 8 cents and completed trading at a 52 weeks’ low of $3.62, with 1,000 stock units changing hands and Trinidad & Tobago NGL shed 4 cents and concluded at $29.11, after exchanging 24,903 shares.
Stocks trading with no price change| First Citizens concluded trading at $32.60, after exchanging 82 shares, Grace Kennedy completed trading at $2.70, with 14,706 stock units changing hands, National Enterprises ended at $8.96, with 1,673 stock units changing hands, Scotiabank settled at $64.94, after trading 8 units, Unilever Caribbean completed trading at $26.25, with 50 stock units changing hands and West Indian Tobacco settled at $88.44, with 5,257 units.
Prices of securities trading for the day are those at which the last trade took place.

All 3 TTSE stock indices rise – Monday

Add your HTML code here...

Trinidad & Tobago Stock Exchange Head Quarters

Trading on Trinidad & Tobago Stock Exchange ended on Monday with trading in 14 securities against 15 on Friday, with 3 advancing, 4 declining and 7 remaining unchanged leading gains in all market indices.
Market activity ended with one stock ended at 52 weeks’ closing high as 203,230 shares valued at $1,737,939 changing hands, compared to 366,114 shares valued at $2,694,047, on Friday.
At the close the Composite Index rose 1.09 points to 1,232.01, the All T&T Index added 0.22 points to 1,711.96 and the Cross Listed Index gained 0.27 points to close at 101.10.
IC bid-offer Indicator| At the close of trading, the Investor’s Choice bid-offer indicator reading shows market sentiment with 3 stocks ending with higher bids than the last selling prices and 2 with lower offers.
Stocks with Gains| Guardian Holdings concluded trading of 10,696 units after rising 5 cents to $16.55, NCB Financial Group added 1 cent and settled at $5.66, after exchanging 5,000 shares and Republic Financial Holdings gained 5 cents and ended trading at a 52 weeks’ high of $103, after exchanging 1,200 shares.
Stocks Losses| Clico Investments traded with a loss of 6 cents and ended at $19.94, with 23,050 stock units changing hands, First Citizens closed with a loss of 1 cent and settled at $35, after exchanging 2,963 shares, National Flour shed 4 cents and completed trading at $1.75, with 5,000 units and Unilever Caribbean lost 10 cents and ended at $26.90, with 50 stock units changing hands.
Firm Trades| Calypso Macro Index Fund traded 314 shares at $15.74, Grace Kennedy ended at $2.90, with 66,687 stock units changing hands, Massy Holdings closed at $46.90, after exchanging 281 shares, One Caribbean Media concluded trading of 796 shares at $12.29, Sagicor Financial ended at $7.50, with 65,393 stock units changing hands, Scotiabank completed trading of 900 units at $65.02 and Trinidad Cement ended at $2.90, after exchanging 20,900 shares.
Prices of securities trading for the day are those at which the last trade took place.

Calypso Fund drops $1.50 on TTSE – Monday

Calypso Macro Index Fund led the market with price changes with a fall of $1.50 in trading 1,600 units to close at $16 on the Trinidad & Tobago Stock Exchange on Monday.
Trading ended with 13 securities changing hands against 17 on Friday, leading to 4 securities rising, 4 declining and 5 remaining unchanged on Monday. Valued changing hands amounted to 81,336 units valued $3,446,849 compared to 75,042 units valued $1,676,375 on Friday.
The Composite Index rose 0.11 points to 1,226.57, the All T&T Index added 0.16 points to 1,719.98 and the Cross Listed Index inched 0.01 points higher close at 98.47.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows market sentiment with 2 stocks ending with higher bids than the last selling prices and 4 with lower offers.
Gains| Massy Holdings finished trading with a gain of 5 cents at $47, after exchanging 464 shares, National Flour rose 5 cents and completed trading at $1.80, with 1,012 units changing hands, Republic Financial Holdings added 2 cents and concluded at 52 weeks’ high of $102.81, after exchanging 200 shares and Trinidad & Tobago NGL increased 2 cents and settled at $29.58, after exchanging 3,722 shares.
Losses| Clico Investments traded with a loss of 7 cents and ended at $20.36, with 8,450 stock units changing hands, Scotiabank fell by 4 cents and completed trading at $65.01, with 104 units and Unilever Caribbean share fell 1 cent and ended at $29.22, with 310 stock units changing hands.
Firm Trades| Ansa Mcal completed trading at $58, after 50,000 units changed hands, First Citizens settled at $34.92, after exchanging 500 shares, Guardian Holdings completed trading at $16.60, with 7,200 units, Point Lisas ended at $3.70, with 4,534 stock units changing hands and Sagicor Financial ended at $7.80, with an exchange of 3,240 shares.
Prices of securities trading for the day are those at which the last trade took place.

Trading subdued on TTSE – Thursday

Trinidad & Tobago Stock Exchange Head Quarters

Trading activity fell on the Trinidad & Tobago Stock Exchange on Thursday with trading in only 12 securities against 10 on Wednesday, leading to 151,203 units valued just $700,274 compared to 98,449 shares valued at $2,541,743 changing hands on Wednesday.
Trading closed with 2 securities advancing, 3 declining and 7 remaining unchanged and the Composite Index rose 2.42 points to 1,226.31, the All T&T Index lost 0.22 points to 1,720.33 and the Cross Listed Index put on 0.70 points to close at 98.35.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows market sentiment with 3 stocks ending with higher bids than the last selling prices and 3 with lower offers.
Gains| NCB Financial Group gained 10 cents and settled at $5.50, after exchanging 1,000 shares and Trinidad & Tobago NGL gained 11 cents and ended at $29.66, with 3,490 stock units changing hands.
Losses| First Citizens traded with a loss of 9 cents and settled at $34.91, after exchanging 1,541 shares, Massy Holdings shares fell 5 cents and ended at $46.95, after exchanging 2,221 shares and National Flour closed with a loss of 5 cents and completed trading at $1.75, with 58,803 units.
Firm Trades| Clico Investments ended at $20.43, with 2,100 stock units changing hands, Grace Kennedy ended trading 55,385 stock units at $2.90, JMMB Group closed at $1.85, after exchanging 19,785 shares, One Caribbean Media concluded trading at $12, after exchanging 756 shares, Readymix settled at $11, in trading 4,792 shares, Sagicor Financial ended at $7.80, with 630 stock units changing hands and Unilever Caribbean closed trading at $29.23, after exchanging 700 shares.
Prices of securities trading for the day are those at which the last trade took place.

4 stocks rise 4 fall on TTSE – Thursday

The Trinidad & Tobago Stock Exchange closed Thursday with trading in 17 securities against 11 on Wednesday, with 4 advancing, 4 declining and 9 remaining unchanged.
At close of the market the Composite Index lost 1.49 points on Wednesday to 1,231.99. The All T&T Index shed 1.73 points to 1,723.94, while the Cross Listed Index eased 0.17 points to close at 99.44.
Trading ended with 180,386 shares at a value of $2,780,395, compared to 65,926 shares on Wednesday valued at $2,117,827 changing hands on the previous trading day.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows market sentiment with 2 stocks ending with higher bids than the last selling prices and 3 with lower offers.
Gains| Calypso Macro Index Fund traded 2,850 shares and jumped 99 cents to close at $17.49, JMMB Group rose 1 cent and concluded trading at $1.76, after exchanging 3,000 shares, Massy Holdings added 1 cent and ended at $47.20, after exchanging 5,653 shares and Trinidad & Tobago NGL increased 14 cents to land at $29.74, with 3,924 stock units changing hands.
Losses| Grace Kennedy lost 7 cents and ended at $2.93, with 2,930 stock units changing hands, LJ Williams B Share ended trading 2 cents lower at a 52 weeks’ low of 68 cents, after exchanging 10,000 shares, Sagicor Financial concluded trading with a loss of 1 cent to end at $7.94, with 2,477 stock units changing hands and West Indian Tobacco fell 1 cent to $87, after exchanging 1,115 shares.
Firm Trades| Clico Investments ended at $20.50, with 85,608 stock units changing hands, First Citizens settled at $35, after exchanging 140 shares, Guardian Holdings completed trading at $16.99, with 405 units, National Flour closed at $1.75, with 7,456 units, NCB Financial Group settled at $5.37, after exchanging 50,503 shares, Point Lisas ended at $3.81, with 2,375 stock units changing hands, Republic Financial Holdings exchanging 1,150 shares at $102.76, Scotiabank completed trading at $65.01, with 300 units and Unilever Caribbean settled at $29.23, after 500 shares changed hands.
Prices of securities trading for the day are those at which the last trade took place.

5 TTSE stocks fell just 1 rose – Monday

Securities trading on the Trinidad & Tobago Stock Exchange fell on Monday to just 11 against 11 on Friday, resulting in 1 advancing, 5 declining and 5 remaining unchanged.
At close of the market the Composite Index lost 2.01 points on Monday to 1,233.22. The All T&T Index rose 0.03 points to 1,727.40, while the Cross Listed Index declined 0.56 points to close at 99.29.
Trading ended with 268,229 shares valued at $9,961,998 compared to 146,647 shares valued at $5,989,827 changing hands.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows market sentiment to be closely matched between advancing and declining stocks as the market closed with 5 stocks ending with higher bids than the last selling prices and 4 with lower offers.
Gains| Angostura Holdings gained 2 cents and completed trading at $15.75, with 1,311 stock units changing hands.
Losses| Massy Holdings ended trading 1 cent lower at $47.19, after exchanging 200,500 shares, NCB Financial Group lost 8 cents to end at $5.37, after exchanging 5,171 shares, Prestige Holdings traded with a loss of 1 cent and settled at $10, with 660 units trading, Sagicor Financial fell 4 cents and completed trading at $7.81, with 28,536 stock units changing hands and West Indian Tobacco fell 1 cent and ended at $88.49, after exchanging 100 shares.
Firm Trades| Clico Investments completed trading at $20.50, with 5,139 stock units changing hands, First Citizens concluded trading at $35, after exchanging 1,789 shares, JMMB Group ended at $1.75, after exchanging 25,000 shares, Scotiabank settled at $65.01, with 10 units and Unilever Caribbean concluded market activity at $29.23, after exchanging 13 shares.
Prices of securities trading for the day are those at which the last trade took place. Daily

Just 11 TTSE stocks traded – Friday

Securities trading on the Trinidad & Tobago Stock Exchange fell on Friday to just 11 against 18 on Thursday, resulting in 2 advancing, 3 declining and 6 remaining unchanged.
At close of the market the Composite Index lost 0.54 points on Friday to 1,235.23. The All T&T Index rose 0.70 points to 1,727.37, while the Cross Listed Index declined 0.25 points to close at 99.85.
Trading ended with 146,647 shares valued at $5,989,827 compared to 280,762 shares at a value of $4,894,546 changing hands.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows market sentiment to be closely matched between advancing and declining stocks as the market closed with 4 stocks ending with higher bids than the last selling prices and 4 with lower offers.
Gains| Clico Investments finished 22 cents higher and closed at $20.50, with 500 shares changing hands and Sagicor Financial gained 10 cents and concluded trading at $7.85, with 49,294 stock units changing hands.
Losses| NCB Financial Group traded with a loss of 4 cents at $5.45, after exchanging 564 shares, Trinidad & Tobago NGL fell 43 cents and ended at $29.56, with 13,467 stock units changing hands and Unilever Caribbean closed with a loss of 2 cents and completed trading at $29.23, after exchanging 200 shares.
Firm Trades| Ansa Mcal ended at $58, with 10,270 units trading, First Citizens completed trading at $35, after exchanging 1,540 shares, Grace Kennedy closed at $2.92, with 300 stock units changing hands, Massy Holdings settled at $47.20, after exchanging 42,520 shares, Republic Financial Holdings settled at $102.76, in trading 3,180 shares, West Indian Tobacco settled at $88.50, after 24,812 shares changed hands.
Prices of securities trading for the day are those at which the last trade took place.

 

2 TTSE stocks rose 12 unchanged – Wednesday

Market activity on the Trinidad & Tobago Stock Exchange ended Wednesday with trading in 14 securities against 13 on Tuesday, resulting in 240,621 shares valued at $11,164,756 changing hands.
In trading on Tuesday only 103,895 shares valued at $1,779,885, changed hands. At the close of trading on Wednesday, just 2 stocks advanced, none declined and 12 remained unchanged.
The Composite Index gained 0.35 points on Wednesday to 1,236.76, the All T&T Index added 0.43 points to 1,726.43, while the Cross Listed Index rose 0.04 points to close at 100.42.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows market sentiment to be closely matched between advancing and declining stocks as the market closed with 3 stocks ending with higher bids than the last selling prices and 5 with lower offers.
Gains| Trinidad & Tobago NGL gained 4 cents and ended trading at $29.55, with 21,457 stock units changing hands and Trinidad Cement added 5 cents and ended at $3.05, with 145 units changing hands.
Firm Trades| First Citizens settled at $35, after exchanging 616 shares, Guardian Holdings completed trading at $16.99, with 55,048 units, JMMB Group closed at $1.75, after exchanging 16,618 shares, Massy Holdings exchanged 8,477 shares at $47.20, National Flour completed trading at $1.80, with 350 units. NCB Financial Group settled at $5.49, after exchanging 21,200 shares, One Caribbean Media concluded at $12.34, trading 1,521 shares, Prestige Holdings completed trading at $10.01, with 210 units, Sagicor Financial ended at $7.85, with 13,675 stock units changing hands, Scotiabank completed trading at $65 with 304 units, Unilever Caribbean settled at $29.25, after exchanging 1,000 shares and West Indian Tobacco concluded trading at $88.50, after exchanging 100,000 shares.
Prices of securities trading for the day are those at which the last trade took place. Daily