Moderate trading on TTSE – Wednesday

January 10, 2018 by

Trading on the Trinidad & Tobago Stock Exchange ended with 14 securities changing on Wednesday against 8 on Tuesday, with 4 stocks advancing, 3 declining and 7 remained unchanged.
At close, the Composite Index rose 2.50 points on to 1,270.81. The All T&T Index slipped 0.22 points to 1,704.36, while the Cross Listed Index rose 0.71 points to 112.98.
Market activity ended with a mere 175,296 shares with a value of $2,284,648 compared to 107,817 units with a value of $2,343,695 on Tuesday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 2 stocks ended with bids higher than their last selling prices and 8 with lower offers.
Gains|First Caribbean gained 10 cents and finished at $9.30, trading 40,000 shares valued at $371,986, JMMB Group ended trading with 2,500 shares and gained of 5 cents to close at $1.70, Scotiabank closed trading with a gain 1 cent and ended at $60.01, exchanging 1,380 shares and Unilever Caribbean rose 95 cents and finished at $28, trading a mere 254 units.
Losses| Guardian Holdings closed with a fall of 15 cents at $16.40, trading 445 shares, LJ Williams B share fell 7 cents, ending at 52 weeks’ low of 70 cents with 500 units changing hands and Trinidad & Tobago NGL closed with a fall of 20 cents at $26, trading 35,892 shares valued at $933,269.
Firm Traded| Clico Investments ended at $21, with 25,600 units trading, First Citizens ended at $32, trading 4,562 shares, Grace Kennedy concluded trading with 32,008 units at $3.10, LJ Williams A share  ended at 22 cents, with 29,727 stock units. National Flour closed trading at $1.91, with 500 stock units, Trinidad Cement closed at $3.75, with 1,000 stock units and West Indian Tobacco ended trading 928 shares at $90.

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

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , ,

West Indian Tobacco at 5 years’ Low

January 4, 2018 by

NCB shares trading at a 52 weeks’ high on the TTSE


With the Trinidad & Tobago economy in recession a number of companies are facing tough times one such is West Indian Tobacco that dented the Trinidad & Tobago Stock Exchange index by 1.14 percent on Thursday as the price tumbled $10 to a 5 years’ low of $90, while trading 191 shares.
While Witco was trading at a 5 years’ low, Jamaica’s NCB Financial traded at a new 52 weeks’ high of $6.75 on Thursday.
The market closed with the Composite Index falling 8.81 points to 1,264.88. The All T&T Index dropped 19.64 points to 1,707.60, while the Cross Listed Index inched 0.30 points higher to close at 110.91.
Market activity ended with 336,338 shares trading with a value of $ $4,978,967 compared to 165,319 units on Wednesday, valued at $2,450,124. Trading ended 16 securities changing hands compared to 14 on Wednesday and closed with 5 stocks advancing, 5 declining as 6 remained unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ended with bids higher than their last selling prices and 4 with lower offers.

West Indian Tobacco hits 5 years’ low on Thursday.

Gains| First Caribbean International Bank finished trading with a gain of 5 cents at $9.20 with 1,000 shares changing hands, Grace Kennedy concluded trading with an increase of 5 cents to close at $3.10 with 9,397 shares trading, Massy rose 4 cents to $48.06 with 7,130 shares valued at $343,362. NCB Financial Group rose 20 cents, concluding trading at a 52 weeks’ high of $6.75 with 21,000 units and Republic Financial finished trading after an increase by 2 cents to $101.52 with 2,473 shares changing hands.
Losses| Ansa Mcal concluded trading with a loss of 50 cents in closing at $62.49 with 1,052 units, Clico Investments traded with a loss of 19 cents to close at $20.81 with 32,224 units trading valued at $673,099, National Enterprise fell 1 cent to $9.79 with 2,200 shares and Trinidad & Tobago NGLsettled with a loss of 50 cents at $26 with 27,060 shares with a value of $705,870.
Firm Traded| First Citizens closed finished at $32 with 9,464 shares, JMMB Group settled at $1.65 with 62,249 shares, National Flour ended finished at $1.91 with 10,000 stock units, Prestige Holdings ended trading close at $10.70 with 450 stock units, Sagicor Financial closed trading at $8 with 129,480 shares valued at $1,035,785 and Scotiabank ended trading at $60.10 with 20,968 shares carry a value of $1,260,432, changing hands.

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

Filed Under: Feature Stories, Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , , ,

More securities trade with less volume

December 19, 2017 by

Agostini’s traded at a 52 weeks’ high on Tuesday.

The number of securities trading on the Trinidad & Tobago Stock Exchange on Tuesday, climbed to 18, compared to 14 on Monday. Unlike Monday, when just 1 stock advanced, trading on Tuesday threw up 4 winners 3 losers and 11 trading unchanged, with 1 closing at 52 weeks’ high and 1 at a 52 weeks’ Low.
In spite of the rise in the number of securities trading market activity ended with a mere 556,707 shares trading at a value of $4,534,786, well down from the 1,413,505 shares trading at for $8,688,584 on Monday.
The Composite Index fell 0.76 points to 1,257.20, the All T&T Index declined 1.90 points to 1,721.95 while the Cross Listed Index inched 0.05 points to close at 106.81.

Trinidad Cement closed at a 52 weeks’ low on Tuesday.

IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 3 stocks with bids higher than last selling prices and 4 with lower offers.
Gains| In trading Agostini’s exchanged 694 shares, gaining 21 cents to end at 52 weeks’ high of $20.75, Angostura Holdings closed trading with just 20 shares at $15.20 after rising by 20 cents, Sagicor Financial gained 1 cent to end at $7.97, trading 275,873 shares with a value of $2,206,084 and Trinidad & Tobago NGL recovered the 30 cents it lost on Monday to close at $26.50, with 9,502 shares changing hands.
Losses| The last traded prices of the securities declining are Grace Kennedy with a loss of 1 cent, in closing at $2.99 in exchanging 217,463 shares at a value of $649,365, Guardian Holdings lost 27 cents in closing at $17.03 with 11,600 stock units changing hands and Trinidad Cement lost 20 cents to end at a 52 weeks’ low of $3.75 with 1,085 stock units trading.
Firm Trades| The last traded prices of securities closing unchanged are Clico Investments closing unchanged at $21 with 700 units trading, First Citizens closed at $32 with 8,303 units changing hands, First Caribbean International Bank trading 9,000 units at $9.30, National Enterprises exchanged 1,200 units at $9.80, Prestige Holdings closed at $10.70 with 1,453 shares trading, ReadyMix traded 500 shares at $11. Republic Financial Holdings traded a mere 5 units to settle at $100, Scotiabank closed at $60 in exchanging 1,766 units, Unilever Caribbean closed at $29, trading 500 shares, West Indian Tobacco closed at $100 with 6,948 shares with a value of $688,504 trading but traded at an intraday 52 weeks’ low of $96.99, before the close and LJ Williams B share traded 10,095 units at 70 cents.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , , , ,

Witco drops to 1 year low

December 15, 2017 by

West Indian Tobacco hit another 52 weeks’ low on Friday.

Trading levels on the Trinidad & Tobago Stock Exchange closed on Friday down on Thursday’s levels as 13 securities changed hands compared to 16 on Thursday. The market closed with a weak West Indian Tobacco closing at a 52 weeks’ low.
The market closed with 321,584 shares traded at a value of $4,433,970 compared to Thursday’s trades of 513,696 units valued at $5,023,038 as the prices of 4 securities rose, 3 declining and 6 remained unchanged.
The Composite Index declined by 10.91 points to 1,259.04, the All T&T Index fell 4.19 points to 1,726.51 while the Cross Listed Index was down 2.41 points to close at 106.69.
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| The last traded prices of the securities rising at the close of the market are,Guardian Holdings with gains of 30 cents, to close at $17.30 while trading 44,762 shares valued at $762,473, JMMB Group gaining 9 cents to settle at $1.59 with 95,509 shares changing hands, Sagicor Financial closed at $7.96, gaining 1 cent with 47,404 shares valued at $376,984 and Trinidad & Tobago NGL traded at $26.50, rising 30 cents in exchanging 38,959 shares valued at $1,032,542.
Losses| The last traded prices of the securities declining at the close of the market are, NCB Financial Group ending at $6, with a loss of 30 cents in trading 40,150 shares, Scotiabank lost 1 cent to close at $60.09 with 760 units and West Indian Tobacco declined by $1.80 to a 52 weeks’ low of $100 with 293 units changing hands and remains weak at the close with the stock being offered below the closing price and no buying showing at the close.
Firm Trades| The last traded prices of securities closing unchanged are, Clico Investment that closed at $21 with 22,800 shares valued at $478,800 trading, Massy Holdings traded 26,060 shares at $48 valued at $1,251,492, National Flour Mills closed at $1.90 with 2,300 shares trading. Republic Financial Holdings remained at $100 with 197 units changing hands, Trinidad Cement closed at $3.95 with 950 units and Unilever Caribbean held firm at $30 with 1,440 shares exchanged.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , ,

9 TTSE stock down in weak market

December 14, 2017 by

After a long drawn out period when investors were felling out each other to try and get the best price for stocks, finally, patience seems to have worn thin, as the prices of several stocks were finally allowed to trade lower than the asking prices a month or two ago.
By the look of trading and market quotes the downward correction is not yet over and with the Trinidad Economy still in deep recession the decline in market prices could go well into 2018 as the downward price adjustments take time to be fully reflected in trading.
Trading levels on the Trinidad & Tobago Stock Exchange closed on Thursday, fell below Wednesday’s volumes and values, and ended with 9 stocks declining, 7 holding firm and none gaining at the close.
At the end the Composite Index declined by 10.93 points to 1,269.95, the All T&T Index shed 12.64 points to 1,730.70 and the Cross Listed Index was down 1.25 points to close at 109.10.
The market closed with 16 securities changing hands compared to 15 on Wednesday leading to 513,696 shares trading, valued at $5,023,038 compared to Wednesday’s trades of 750,792 valued at $10,300,305.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 4 with lower offers.
Losses| The last traded prices of the securities declining at the close of the market are, Ansa McAL losing 2 cents to close at $63 trading 12,000 shares valued at $756,000, Guardian Holdings closed 98 cents lower to $17, with 2,000 shares exchanged and JMMB Group ended at $1.50, losing 9 cents exchanging 273,754 shares valued at $410,631. Massy Holdings declined by $1, closing at $48 with 1,146 units, National Enterprises ended with a loss of 20 cents at $9.80 with a mere 25 units trading, NCB Financial Group settled at $6.30, losing 20 cents, exchanging 40,850 shares, but only after it traded at a new high of $6.75 befoe pulling back by the close. Scotiabank traded 90 cents lower to $60.10 with 100 units changing hands, West Indian Tobacco fell by $1.05 to a new 52 weeks’ low of $101.80 trading 13,000 shares valued at $1,323,400 and Trinidad & Tobago NGL dropped 30 cents, in closing at $26.20 with 5,462 shares changing hands.

West Indian Tobacco hit another 52 weeks’ low on Thursday.

Firm Trades| The last traded prices of securities closing unchanged are, Clico Investment closing at $21 with 17,680 shares valued at $371,280, First Citizens remaining at $32 with 1,100 units changing hands, National Flour Mills closing at $1.90 with 1,747 shares. Republic Financial Holdings closed at $100 trading 5,657 shares valued at $565,700, Sagicor Financial remained at $7.95 with 123,670 shares valued at $982,164, Trinidad Cement closed at $3.95 with trades of 15,005 shares and Unilever Caribbean traded 500 units at $30.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , , , ,

Unilever chopped by $4, WITCo by $4.90

December 12, 2017 by

West Indian Tobacco dropped $4.90 on Tuesday.

West Indian Tobacco (Witco) and Unilever Caribbean dropped sharply to close at a 52 weeks’ lows. Witco dropped $4.90 on Tuesday by, after falling $5.24 on Monday, to $102.85 following a long period of limited trading. Unilever another stock that was under pressure given very poor 2017 results, fell by $4 to a new low of $30.
The prices of these stocks are set to decline further, especially Unilever that could tumble below $20 based on poor results recently. Demand for Witco shares fell after the company posted third quarter results with lower profits of $276 million, down from $373 million in 2016, due to a huge decline in demand and sales of cigarettes after consumption tax was hiked earlier in the year.
In trading elsewhere, the market closed with 15 securities changing hands, the same as on Monday with 4 stocks advancing, 5 declining and 6 holding firm. A total of 652,922 shares traded at a value of $9,971,563 compared to Monday’s trades of 176,689 valued at $5,273,498.
The Composite Index gained 0.38 points to 1,279.40, the All T&T Index declined by 11.79 points to 1,740.07 and the Cross Listed Index added 1.73 points to close at 110.39.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 3 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| The last traded prices of the securities rising are Clico Investment advanced 21 cents to close at $21, with 88,707 shares valued at $1,859,421, NCB Financial Group with gains of 35 cents, closed at $6.50 with 9,475 shares trading, Point Lisas ended at $3.90, gaining 1 cent with 8,500 stock units and Trinidad & Tobago NGL rising 25 cents higher to $26, having regained losses on the day prior with 126,355 shares valued at $3,268,793.

Price Movement of Unilever Caribbean

Losses| The last traded prices of the securities declining are Guardian Holdings lost 1 cent, closing at $17.99 with 4,923 units changing hands. JMMB Group traded 14 cents lower to $1.60 with 126,288 shares changing hands, Republic Financial Holdings closed 25 cents lower to a 52 weeks’ low of $100.25 exchanging 288 units. Unilever Caribbean declined by $4 to a new 52 weeks’ low of $30 with a mere 10 units changing hands and West Indian Tobacco ended with a loss of $4.90 to a 52 weeks’ low of $102.85 with 5,016 shares valued at $515,950.
Firm Trades| The last prices of securities at the close on Tuesday unchanged are Angostura Holdings that closed at $15 with 238 units. First Citizens exchanged 1,163 shares at $32.01, Massy Holdings remained at $49 trading 35,365 shares valued at $1,732,885. One Caribbean Media closed at $14 with 50 units, Sagicor Financial settled at $7.95 with 243,245 shares valued at $1,933,696 and Scotiabank closing at $61 with 3,299 shares.

Filed Under: Feature Stories, Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , , ,

West Indian Tobacco drops $5.24

December 11, 2017 by

West Indian Tobacco dropped $5.24 on Monday.

West Indian Tobacco (Witco) dropped sharply by $5.24, to a 52 weeks’ low of $107.75 with 1,600 shares trading on the Trinidad & Tobago Stock Exchange on Monday as 15 securities changed hands compared to 11 on Friday.
Demand for Witco shares had fallen significantly since the company posted third quarter results with lower profits of $276 million down from $373 million in 2016, following a big drop in demand and sales of cigarettes after consumption tax was hiked earlier in the year.
The market closed with 2 stocks advancing, 4 declining and 9 remaining unchanged as 176,689 shares traded at a value of $5,273,498 compared to Friday’s trades of 165,628 units valued at $2,492,376.

NCB Financial rose 12 cents on the TTSE on Monday.

The Composite Index fell by 0.27 points to 1,279.02, the All T&T Index declined 5.55 points to 1,751.86 and the Cross Listed Index gained 0.69 points to close at 108.66.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 4 with lower offers.
Gains| The last traded prices of the securities rising and volume changing hands are, Clico Investment rising 1 cent to close at $20.80 with 57,857 shares valued at $1,199,902 trading and NCB Financial Group traded 12 cents higher, ending at $6.15 with only 365 units being exchanged.
Losses| The last traded prices of the securities declining with volume changing hands are, Angostura Holdings with a loss of 5 cents, closing at $15 with 1,800 shares trading while JMMB Group closed at $1.74, losing 4 cents with 9,025 shares and Trinidad & Tobago NGL retreated from its recent record high in falling 25 cents to $25.75 in exchanging 3,646 shares.
Firm Trades| The volume and last traded prices of securities trading unchanged at the close on Monday are, First Caribbean International Bankthat ended at $9.30 with 1,000 units, First Citizens exchanged 4,146 shares at $32.01, Guardian Holdings held firm at $18 with 23,277 shares valued at $418,986. Massy Holdings traded 44,470 shares at $49 valued at $2,179,030, National Enterprises closed at $9.75 with 346 units, Point Lisas ended at $3.89 trading 1,000 units. Republic Financial Holdings closed at $100.50 with 963 units changing hands, Sagicor Financial remained at $7.95, trading 13,976 shares and Scotiabank held at $61 with 13,218 shares valued at $806,303 changing hands.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , , ,

WITCO drops $8.01 on TTSE – Wednesday

November 22, 2017 by

West Indian Tobacco dropped $8.01 on the TTSE on Wednesday.

West Indian Tobacco (WITCO) dropped $8.01 to a 52 weeks’ low of $112.99 trading 70 units on the Trinidad & Tobago Stock Exchange on Wednesday. The bid on the stock fell sharply from the last traded price of $121 reached on the November 2, the stock was offered at $112.99 on Tuesday after several weeks of it on offer well below the prior traded price.
WITCO’s price is coming from $125.47 from early September but dropped $1.97 on October 30 and $1.99 on November 2. The stock is still not out of the woods with an offer at $113 and a bid at $106.25 to purchase only 16 units. The collapse followed reduced earnings flowing from decline in sales volume this year as a result of increase taxes on cigarettes and a recession in Trinidad.
Market activity resulted in the two major indices declining as trading levels slumped with only 8 securities changing hands compared to 13 on Tuesday leading to 1 stock rising, 1 declining and 6 closing unchanged.
At the close, just 74,546 stock units traded at a value of $1,870,096 in contrast to Tuesday’s much larger trades of 651,650 units valued at $16,389,752.
The Composite Index declined by 6.80 points to 1,273.63, the All T&T Index dropped 13.50 points to 1,741.48 but the Cross Listed Index remained unchanged at 108.61 points.
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| At the close the sole stock falling in price at the close of the market is Trinidad & Tobago NGL closing at a 52 weeks’ high of $24, with gains of 30 cents in exchanging 25,620 shares valued at $614,880.
Firm Trades| The last traded prices of securities remaining unchanged at the close of trading are First Citizens closing at $31.85 with 17,529 shares valued at $558,299, Guardian Holdings traded 22,500 shares at $15.60 valued at $351,000, Massy Holdings remained at $48.92 with 1,265 units changing hands. National Enterprises closed at $9.75 exchanging 282 units, Sagicor Financial held firm at $7.80 with 3,008 shares traded and Scotiabank settled at $58.50 with 4,272 shares changing hands

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , ,

JMMB Group heads to new high

November 2, 2017 by

JMMB traded a new high on the TTSE.

JMMB Group closed at a new record high of $2.15 in Thursday’s trading on the Trinidad & Tobago Stock Exchange. Market activity ended with 17 securities changing hands compared to 12 on Wednesday with 2 stocks posting gains, 3 declining and 12 unchanged.
At the close, 328,493 shares traded at a value of $2,207,158 compared to Wednesday’s trades of 382,785 valued at $4,215,303.
The Composite Index dropped 2.51 points to 1,283.82, the All T&T Index declined by 5.64 points to 1,756.09 and the Cross Listed Index advanced 0.09 points to 109.37.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| In trading on Thursday Angostura Holdings ended with a 5 cents gain, to close at $15.05 with 1,350 units and JMMB Group surpassed the previous day’s 52 weeks’ high to close at a new high of $2.15,after rising 5 cents with 67,087 shares trading.
Losses| Securities closing with losses are Clico Investment that traded 46 cents lower to $21 while exchanging 16,680 shares valued at $350,280, Guardian Holdings dropping 50 cents, and closed at $15 with 1,713 units and West Indian Tobacco dropped $2 to end at a 52 weeks’ low of $121, trading only 8 units.
Firm Trades| At the close of trading First Citizens closed at $31.80 with 1,061 units, Grace Kennedy held firm at $2.95 with 2,200 shares changing hands, Massy Holdings exchanged 3,331 shares at $50, National Flour Millsclosed at $1.98 with 2,500 shares. NCB Financial Group remained at $6.20 trading 125,205 shares valued at $776,301, One Caribbean Media closed at $14 with 195 units, Republic Financial Holdings settled at $101.76 with 1,873 shares trading. Sagicor Financial closed at $7.95 with trades of 4,290 shares, Trinidad Cement exchanged 100,000 shares at $4 valued at $400,000 and Bourse Brazil Latin Fund US Dollar shares closed at $8.08 with 1,000 units changing hands.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , , ,

Modest stock trading in Port of Spain

October 30, 2017 by

West Indian Tobacco dropped $1.96 on Monday.

Trading on the Trinidad & Tobago Stock Exchange remained subdued on Monday with only 9 securities changing hands compared to 8 on Friday and closed with a sharp fall in the price of West Indian Tobacco.
At the close, 4 stocks advanced, 2 declined and 3 were unchanged as 401,886 shares traded at a value of $3,227,519 compared to Friday’s trades of 184,060 valued at $2,231,341.
The Composite Index fell 0.49 points to 1,261.73, the All T&T Index declined by 1.17 points to 1,759.98 and the Cross Listed Index inched higher by 0.03 points to close at 102.78.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 3 stocks with bids higher than last selling prices and 4 with lower offers.
Gains| At the end of market activity, Clico Investment climbed 46 cents to $21.46, in exchanging 8,380 shares, Grace Kennedy gained 1 cent to close at a 52 weeks’ high of $2.90 with 26,184 shares changing hands, Massy Holdings traded $1 higher to $50 with 1,011 units and Trinidad & Tobago NGL ended with gains of 9 cents, at $23.49 with 4,311 shares traded.
Losses| At the close of trading Sagicor Financial ended at $7.95, with a loss of 5 cents after 2,500 shares changed hands and West Indian Tobacco dropped $1.96 and closed at a 52 weeks’ low of $123, having traded 406 units.
Firm Trades| At the close of trading,Ansa McAL closed at $63.01, with 17,870 shares valued at $1,125,989, First Citizens remained at $31.80 with 9,427 shares and Trinidad Cement closed at $4 with 331,797 shares valued at $1,327,188.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , ,