CEMEX’s Trinidad Cement offer pushes stock

Trinidad Cement shares in play.

Trinidad Cement shares in play.

The announcement by CEMEX on Monday that one of its indirect subsidiaries will be presenting a bid to acquire shares to take the ownership of the Cemex group to just under 75 percent of the TCL, for TT$4.50 per share, to all Trinidad Cement shareholders in Barbados, Jamaica and Trinidad & Tobago seemed to have helped to push the price of the stock in the day’s trading.
Market activity on Monday saw an increase in trading levels with volume and value rising strongly as 11 securities traded compared to 7 on Friday. At the close, 2 stocks advanced, 2 declined and 7 remained unchanged as 846,000 shares were traded with a value of $6,385,564 in contrast to Friday’s volume of 133,162 units valued at $610,132.
The Composite Index advanced 0.67 points to 1,207.32 points, the All T & T Index gained 1.27 points to 1,830.55 points, reducing its year to date loss to 6.05 percent. The Cross Listed Index was up 0.01 points to 78.07 points with year to date gains of 57.69 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 6 stocks with bids higher than last selling prices and 8 with lower offers.
Gains| Sagicor Financial added 1 cent to close at a 52 weeks’ high of $7.62 with 1,000 shares changing hands while Trinidad Cement closed with gains of 49 cents to close at $3.88 as 608,138 shares changed hands for a value of $2,124,450.
Losses| National Flour Mills lost 4 cents to close at $2.52 with 1,010 shares changing hands and Scotiabank lost 1 cent, closing at $58.69 with 59,715 shares exchanged for a value of $3,504,673.
TTSE sum 5-12-16 Firm Trades | Angostura Holdings traded firm at $15.50 with 62 shares changing hands, Ansa McAL closed at $66.50 with 73 shares changing hands, Clico Investment, with 4,187 shares switching owners, closed at $22.55, and FirstCaribbean International Bank held firm at $8.50 with 62,210 shares changing hands with a value of $528,785. JMMB Group closed with 109,385 shares changing hands at 90 cents, Massy Holdings remained unchanged at $51 with 120 shares changing owners and West Indian Tobacco closed at $127 with 100 shares changing hands.

TTSE down with 2 stocks rising

Trinidad Cement climbed 4%  on Thursday & follows a $20 settlement agreement with workers to buy TCL shares.

Trinidad Cement climbed 4% on Thursday & follows a $20 settlement agreement with workers to buy TCL shares.

Trading on the Trinidad & Tobago Stock Exchange on Thursday slumped in contrast to the market’s activity on Wednesday. Trinidad Cement advanced 4 percent following the company announcing of an agreement to transfer TT$20 million to First Citizens Bank on behalf of some workers, to be used to acquire shares in the company.
The shares to be acquired would approximate to around 6 million units based on the current stock price.
Trading ended with 12 securities changing hands, the same in number as Wednesday with 2 advancing, 3 declining and 7 remaining unchanged as a mere 25,307 shares changed hands with a value of $525,554, in contrast to Wednesday’s volume of 184,035 valued at $4,500,237.
The Composite Index lost 0.36 points to 1,205.44 points, the All T&T Index was down 0.38 points to 1,827.89 points, down 6.19 percent year to date. The Cross Listed Index eased 0.04 points to 77.93 points with year to date gains of 57.40 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 8 with lower offers.
Gains| Trinidad Cement gained 14 cents to close at $3.39 with 1,000 shares being exchanged and West Indian Tobacco closed with a gain of 1 cents at $127 while exchanging 1,316 shares.
TTSE sum 1-12-16 Losses| First Citizens lost 7 cents to close at $34.93 with 220 shares changing hands, FirstCaribbean International Bank lost 1 cent, closing at $8.49 with 306 shares changing hands and Guardian Holdings was down 34 cents to close at $12.54 while trading 10,378 shares.
Firm Trades| Angostura Holdings held firm at $15.50 with 1,000 shares changing hands, Massy Holdings traded 1,498 shares at $51, National Enterprises, with 8,600 shares changing hands, closed at $10.60, Prestige Holdings closed at $11 with 41 shares trading. Republic Financial Holdings traded at $108.49 with 7 shares switching ownership, Scotiabank closed at $58.70 with 251 shares changing hands, Trinidad & Tobago NGL closed at $22.40 with 690 shares being active

First Citizens jumps 90c on Monday

First Cit opn brnch Market activity on the Trinidad & Tobago Stock Exchange declined on Monday compared to Friday’s trading levels but the market ended with a 52 cents jump in the price of First Citizens Bank shares. At the close, 10 securities traded compared to 14 on Friday, with 2 advancing, 4 falling and 4 remaining unchanged.
Trading activity closed with 75,910 shares changing hands with a value of $5,054,214 in contrast to Friday’s volume of 383,440 with a value of $8,737,234.
The Composite Index added 2.44 points to 1,193.17 points, the All T & T Index closed 4.86 points higher to 1,809.73 points, down 7.12 percent year to date. The Cross Listed Index remained unchanged at 77.07 points with year to date gains of 55.67 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 4 stocks with bids higher than their last selling prices and 8 with lower offers.
Gains| First Citizens jumped 90 cents to close at $34.90 while trading 16,336 shares with a value of $563,885 and Republic Financial Holdings gained 50 cents to close at $109 with 29,164 shares having by bought by new owners, valued at $3,164,142.
TTSE sum 28-11-16Losses| Massy Holdings lost 2 cents and closed at $50.97, with 38 shares changing hands, Scotiabank closed at $58.50, down 19 cents with 385 shares changing ownership. Investors picked up just 1,970 shares of Trinidad & Tobago NGL at $22.46 after slipping by 3 cents and West Indian Tobacco closed with the loss of 1 cent at $126.99 with 1,000 shares changing hands.
Firm Trades| Stock trading with price unchanged at the close, are Ansa McAL with 17,307 shares at $61.94, Clico Investment having 1,135 shares changing hands at $22.60, JMMB Group closed at 90 cents with 4,721 shares switching owners and Sagicor Financial closed at $7.50 with 3,854 shares trading.

Trading volume rebounds on TTSE

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TTSE build Trading levels rebounded strongly on the Trinidad & Tobago Stock Exchange on Thursday with 513,946 shares changing hands with a value of $9,953,673, in contrast to Wednesday’s volume of 31,204 with a value of $2,125,247.
At the close of trading, 17 securities changed hands, 2 advanced, 7 declined and 8 ended unchanged.
The Composite Index gained 0.47 points to 1,191.45 points, the All T & T Index closed 0.24 points lower to 1,804.60 points, down 7.39 percent year to date. The Cross Listed Index advanced 0.16 points to 77.31 points with year to date gains of 56.15 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Agostini’s gained 11 cents to close at $17.51 with 300,618 shares changing hands with a value of $5,260,821 on strong fourth quarter results and Berger Paints gained one cent to close at a 52 weeks high of $4.06 with 500 shares changing hands.
< Strong> Losses|Ansa McAL lost 6 cents to close at $61.94 with 3,242 shares changing hands, Guardian Holdings lost 5 cents with 5,524 shares changing hands to close at $12.90, JMMB Group lost 1 cent and closed at 90 cents with 5,650 shares changing hands, Massy Holdings lost 2 cents to close at $50.97 with 3,965 shares changing hands. Scotiabank closed at $58.70, down 2 cents with 184 shares changing hands, Trinidad & Tobago NGL lost 4 cents to close at $22.50 with 10,200 shares changing hands and Unilever Caribbean lost 2 cents to close at $59.85 with 1,404 shares changing hands.
TTSE sum 24-11-16 Firm Trades | Clico Investment closed at $22.60 with 100,500 shares changing hands with a value of $2,270,305, First Caribbean International Bank closed at $8.50 with 2,000 shares changing hands, National Commercial Bank closed at $2.90 with 50,000 shares changing hands. National Enterprises closed at $10.60 with 11,817 shares changing hands, Point Lisas closed at $3.70 with 750 shares changing hands. Prestige Holdings closed at $11 with 12 shares changing hands, Sagicor Financial closed at $7.50 with 7,580 shares changing hands and West Indian Tobacco closed at $127 with 10,000 shares changing hands valued at $1,270,000.

Trading activity drops on TTSE – Wednesday

TTSE build Trading levels declined sharply on the Trinidad & Tobago Stock Exchange on Wednesday in contrast to much more robust activity on Tuesday when 13 securities traded. At the close, 8 securities changed hands, 2 advanced, 1 declined and 5 traded unchanged.
Trading activity closed with 31,204 shares changing hands with a value of $2,125,247, in contrast to Monday’s volume of 1,012,187 with a value of $20,846,037.
The Composite Index gained 0.16 points to 1,190.98 points, the All T & T Index closed 0.32 points higher to 1,804.84 points, but down 7.37 percent year to date. The Cross Listed Index remained unchanged at 77.15 points with year to date gains of 55.83 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 9 with lower offers.
Gains| First Citizens gained 1 cent to close at $33.02 with 1,077 shares changing hands and National Enterprises advanced 5 cents to close at $10.60 and TTSE sum 23-11-16 Losses|Guardian Holdings lost 5 cents with 1,125 shares changing hands to close at $12.95.
Firm Trades| First Caribbean International Bank closed at $8.50 with 500 shares changing hands, Guardian Media closed at $19 with 7,310 shares changing hands, Scotiabank closed at $58.72, with 5,221 shares changing hands with a value of $306,609. Trinidad & Tobago NGL closed at $22.54, with 376 shares changing hands and West Indian Tobacco closed at $126.80 with 12,492 shares changing hands valued at $1,584,017.

Witco pulls in $7.5m on TTSE

Witco had the largest dollar trade on the TTSE on Tuesday.

Witco had the largest dollar trade on the TTSE on Tuesday.

Market activity on the Trinidad & Tobago Stock Exchange TTSE rose in volume on Tuesday with the value jumping sharply with West Indian Tobacco trading in $7.5 million. The market closed with 13 securities changing hands the same as on Monday as 1 stock advanced, 3 declined and 9 traded unchanged.
Trading activity closed with 1,012,187 shares changing hands with a value of $20,846,037, in contrast to Monday’s volume of 453,888 with a value of $6,111,495.
The Composite Index gained 0.44 points to 1,190.82 points, the All T & T Index closed 0.87 points higher to 1,804.52 points, but down 7.39 percent year to date and the Cross Listed Index closed unchanged at 77.15 points and remained with the year to date gains of 55.83 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Guardian Holdings gained 44 cents to close at $13 with 742,704 shares changing hands valued at $9,655,042.
< Strong> Losses|Massy Holdings lost 1 cent with 5,843 shares changing hands to close at $58.43, Trinidad & Tobago NGL closed at $22.54, a loss of 7 cents with 13,202 shares changing hands and Trinidad Cement lost 15 cents to close at $3.25, with 4,500 shares changing hands.
TTSE sum 22-11-16 Firm Trades | Angostura Holdings with 150,473 shares changing hands, closed at $15.50 with a value of $2,332,332, Clico Investment Fund closed at $22.60 with 20,800 shares changing hands, First Citizens closed at $33.01 with 605 shares changing hands, First Caribbean International Bank closed at $8.50 with 1,155 shares changing hands. Guardian Media closed at $19 with 6,443 shares changing hands, National Enterprises closed at $10.55 with 6,000 shares changing hands, Prestige Holdings, with 602 shares changing hands, closed at $11. Scotiabank closed at $58.72 with 500 shares changing hands and Witco closed at $126.80 with 59,360 shares changing hands valued at $7,526,848, Witco will make a dividend payout of $1.44 per share on November 24.

Witco & Angostura dominate trading

Angostura Holdings traded TT$2.6 million in shares.

Angostura Holdings traded TT$2.6 million in shares.

Investors on expended most money on Angostura Holdings with West Indian Tobacco coming just behind in trading on the Trinidad & Tobago Stock Exchange on Monday. Between the trades absorbed $5.2 million.
Trading dipped marginally with prices for the majority of traded stocks remaining unchnaged. The market closed with 13 securities changing hands compared with 10 on Friday. At the close, 2 stock advanced, 3 declined, 8 traded unchanged and 2 stocks at a 52-week high.
Trading activity closed with 453,888 shares changing hands with a value of $6,111,495, in contrast to Friday’s volume of 300,540 with a value of $6,639,919.
The Composite Index declined 0.14 points to 1,190.38 points, the All T & T Index closed 0.28 points lower to 1,803.68 points, down 7.43 percent year to date and the Cross Listed Index was unchanged, closing at 77.15 points and holding ground at 55.83 percent for 2016.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 5 stocks with bids higher than their last selling prices and 5 with lower offers.
Gains| JMMB Group gained 1 cent and closed at 91 cents with 213,540 shares changing hands and Massy Holdings, with only 10 shares changing hands, gained 1 cent to close at $51.
< Strong> Losses|Scotiabank lost 1 cent with 866 shares changing hands to close at $58.72, Trinidad & Tobago NGL lost 3 cents to close at $22.61 with 100 shares changing hands and West Indian Tobacco closed at TTSE sum 21-11-16$126.80, down 10 cents with 20,451 shares changing hands with a value of $2,593,187.
Firm Trades | Angostura Holdings with 168,184 shares changing hands, closed at $15.50 with a value of $2,606,852, Clico Investment Fund closed at $22.60 with 10,100 shares changing hands, First Citizens closed at $33.01 with 940 shares changing hands, First Caribbean International Bank closed at $8.50 with 6,000 shares changing hands. National Enterprises closed at $10.55 with 29,290 shares changing hands with a value of $309,011, Prestige Holdings, with 1,339 shares changing hands, closed at $11, Republic Financial Holdings closed at $109 with 68 shares changing hands and Sagicor Financial held firm at $7.50 with 3,000 shares changing hands.

Cross listed TTSE stocks up 56%

Sagicor Financial closed at a 52 weeks' high on Thursday on the TTSE.

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

Cross listed stocks on the Trinidad & Tobago Stock Exchange TTSE are up 56% so far in 2016, helped a bit by trading on Thursday with 14 securities changing hands, down from 15 on Wednesday. At the close 4 stocks advanced, 3 declined and 7 traded unchanged as one stock closed at 52-week’s high.
Trading activity closed with 1,008,039 shares changing hands with a value of $9,814,776, in contrast to Wednesday’s volume of 795,747 with a value of $8,048,155.
The Composite Index advanced 2.02 points to 1,190.32 points, the All T & T Index gained 3.69 points to close at 1,803.83 points, 7.42 percent down year to date and the Cross Listed Index gained 0.04 points to close at 77.10 points and is up 55.73 percent for 2016.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 4 stocks with bid higher than last selling prices and 7 with lower offers.
Gains| JMMB Group gained 1 cent to close at 91 cent with 78,977 shares changing hands, National Enterprises advanced 4 cents on favourable quarterly results to close at $10.55 with 454,545 shares changing hands with a value of $4,795,450. Republic Financial Holdings with 90 shares changing hands closed at $109, up by $1.02 and Sagicor Financial gained 5 cents to close at a 52 weeks’ high of $7.45 with 147,487 shares changing hands, valued at $1,098,778.
< Strong> Losses|Grace Kennedy lost 6 cents to close at $2.74 with 3,400 shares changing hands, Scotiabank lost 1 cent to close at $58.73 with 3,100 shares changing hands, Trinidad & Tobago NGL, with a loss of 4 cents, closed at $22.64 with 1,935 shares changing hands.
TTSE sum 17-11-16 Firm Trades | Angostura Holdings with 66,534 shares changing hands, closed at $15.50 with a value of $1,031,290, Clico Investment Fund closed at $22.60 with 1,532 shares changing hands, First Citizens Bank with 893 shares changing hands, closed at $33, First Caribbean International Bank closed at $8.50 with 106,858 shares changing hands with a value of $908,293. Massy Holdings closed at $50.99 with 538 shares changing hands, Prestige Holdings closed at $11 with 142,073 shares changing hands with a value of $1,562,803 and West Indian Tobacco with 77 shares changing hands, closed at $126.90.

NCB hits new high on TTSE

NCB closed at a new 52 weeks' high on the TTSE on Wednesday.

NCB closed at a new 52 weeks’ high on the TTSE on Wednesday.

Trading on the Trinidad and Tobago Exchange closed on Wednesday with 15 securities changing hands, up from 11 on Tuesday, 2 of which advanced, 5 declined and 8 traded unchanged.
At the close of trading market activity resulted in 2 stocks closing at 52-week high while trading closed with 795,747 shares changing hands with a value of $8,048,155, in contrast to Tuesday’s volume of 650,998 with a value of $6,697,034.
The Composite Index advanced 6.18 points to 1,188.30 points, the All T & T Index dropped 2.85 points to close at 1,800.14 points, 7.6 percent down year to date and the Cross Listed Index gained 2.08 points to close at 77.06 points, with the year to date gains rising to 55.65 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 5 stocks with bid higher than their last selling prices and 5 with lower offers.
Gains| Grace Kennedy gained 26 cents to close at a 52 weeks high of $2.80 with 238,602 shares changing hands, valued at $666,729 and National Commercial Bank gained 25 cents to close at a 52 weeks high of $2.90 with 192,307 shares changing hands with a value of $552,064.
< Strong> Losses| Guardian Holdings lost 44 cents to close at $12.56 with 1,875 shares changing hands, JMMB Group with 100,000 shares changing hands, lost 1 cent to close 90 cents. National Flour Mills dropped 6 cents to close at $2.50 with 1,125 shares changing hands, TTSE sum 16-11-16Sagicor Financial closed at $7.40, down 1 cent with 13,220 shares changing hands and West Indian Tobacco lost 5 cents to close at $126.90 with 28,905 shares changing hands.
Firm Trades | Angostura Holdings closed at $15.50 with 90,500 shares changing hands with a value of $1,402,750, Clico Investment Fund closed at $22.60 with 884 shares changing hands, First Citizens Bank with 1,175 shares changing hands, closed at $33, First Caribbean International Bank closed at $8.50 with 117,275 shares changing hands with a value of $996,737. Massy Holdings closed at $50.99 with 120 shares changing hands, Scotiabank traded 7,237 shares to close at $58.74, Trinidad & Tobago NGL closed at $22.68 with 2,472 shares changing hands and Unilever Caribbean with 50 shares changing hands, closed at $59.87.

Moderate trading on TTSE

TTstocks Trading on the Trinidad and Tobago Exchange closed on Monday with 10 securities changing hands, down from 13 on Friday, 1 of which advanced, 2 declined and 7 traded unchanged.
Market activity resulted in 1 stock closing at 52-weeks’ highs and one at a 52 weeks’ low.
Trading activity closed with 87,638 shares changing hands with a value of $556,559 compared to Friday’s volume of 510,441 with a value of $8,337,500.
The Composite Index advanced 0.08 points to 1,181.51 points, the All T & T Index lost 0.15 points to close at 1,804.46 points, 7.39 percent down year to date and the Cross Listed Index gained 0.04 points to close at 74.88 points to be up 51.24 percent for the year to date.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 5 stocks with bid higher than their last selling prices and 6 with lower offers.
TTSE sum 14-11-16 Gains| Sagicor Financial gained 5 cents to close at a 52 weeks high of $7.25 with 3,000 shares changing hands.
Losses|One Caribbean Media lost one cent to close at a 52 weeks’ low of $19.99 with 250 shares changing hands and Trinidad & Tobago NGL lost 15 cents to close at $22.55 with 10,549 shares changing hands.
Firm Trades | Clico Investment Fund closed at $22.60 with 885 shares changing hands, Ansa Merchant Bank closed at $40.01 with 2,054 shares changing hands, First Citizens Bank with 1,652 changing hands, closed at $33, Grace Kennedy with 100 shares changing hands, closed at $2.55. JMMB Group ended with 4,048 shares changing hands and closed at 91 cents, Scotia Investments closed at $1.81 with 65,000 shares changing hands and West Indian Tobacco closed at $126.95 with 100 shares changing hands.

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