4 stocks hit lows on TTSE – Thursday

Guardian Media is one of 4 stocks in T&T to close at 52 weeks’ low on Thursday..

Trading on the Trinidad & Tobago Stock Exchange on Thursday resulted in 13 securities changing hands compared to 12 on Wednesday.
Market activity ended with 2 stocks rising, 4 declining to 52 weeks low and 7 holding firm, with 155,564 shares being traded valued at $1,446,576 compared to 318,033 shares being traded valued at $2,502,324 on Wednesday.
The Composite Index remained unchanged at 1,206.16, the All T&T Index gained just 0.01 points to 1,832.68 with a year to date loss at 6 percent. The Cross Listed Index was stuck at 77.46 points with year to date gains of 55.65 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 7 stocks with bids higher than last selling prices and 2 with lower offers.
Gains| JMMB Group traded 115,000 units to end at 90 cents with a 1 cent rise and West Indian Tobacco rose 7 cents on the trading of 19 shares to close at $126.95.
Losses| All the stocks declining closed at 52 weeks lows and include Calypso Macro Index Fund that declined by 8 cents to end at $21.89 with just 91 units trading, Guardian Media lost 1 cent to close at $18.99 with 100 units changing hands. One Caribbean Media fell 9 cents to end $19.90 with 195 shares and Unilever Caribbean lost 1 cent with 49 units trading, to end at 52 weeks low of $59.84.
Firm Trades| Ansa McAl traded just 29 shares at $66.50, Guardian Holdings traded 26,034 units valued at $329,330 to close at $12.65, National Flour Mills closed at $2.52 with 885 units trading. Point Lisas traded 3,145 shares at $3.70, Prestige Holdings traded 265 units at $11, Republic Financial Holdings with a volume of 9,037 shares valued at $979,972 being traded, closed at $108.44 and Trinidad and Tobago NGL traded 115 shares at $21.

6 stocks rise on TTSE – Wednesday

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

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

Trading on the Trinidad & Tobago Stock Exchange on Wednesday resulted in 12 securities changing hands compared to 7 on Friday. Market activity ended with 6 stocks rising, 2 declining and 4 holding firm, with 318,033 shares being traded valued at $2,502,324 compared to 414,785 shares being traded valued at $1,433,699 on Friday.
The Composite Index rose 2.04 points to 1,206.16, the All T&T Index gained 1.11 points to 1,832.67 with a year to date loss at 5.94 percent. The Cross Listed Index advanced by 0.40 to end at 77.46 points with year to date gains of 56.45 percent.
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| Clico Investments Fund traded 2,000 units at $22.61 after adding 1 cent, First Citizens Bank had 5,214 units trading with a gain of 44 cents to end at $34.99, National Commercial Bank traded 145,444 units valued at $421,788 and gained 3 cents to end at $2.90. Sagicor Financial Corporation gained 7 cents to end at TTSE sum 28-12-16a 52 weeks’ high of $7.73 with 800 shares changing hands, Scotiabank gained 7 cents in trading 8,737 shares at $58.85 and Trinidad Cement traded 10,220 units with a rise of 10 cents to close at a 52 weeks’ high of $4.35.
Losses| Republic Financial Holdings with a volume of 8,193 shares valued at $888,448 being traded, closed with a loss of 1 cent at $108.44 and Trinidad and Tobago NGL fell 25 cents, in trading 6,476 shares at $21.
Firm Trades | Guardian Holdings traded 12,558 units to close at $12.65, JMMB Group traded 101,000 units to end at 89 cents, Massy Holdings contributed just 91 shares to end at $52 and LJ Williams ended with 17,300 B shares trading at 66 cents.

One new high & 1 low on TTSE – Thursday

Scotia Investments traded at a new high on Thursday of TT$2.01.

Scotia Investments traded at a new high on Thursday of TT$2.01.

Trading on the Trinidad & Tobago Stock Exchange on Thursday resulted in 9 securities changing hands compared to 8 on Wednesday. Market activity ended with 2 stocks rising, while 3 declined and 4 held firm.
Market Activity resulted in 435,352 shares being traded valued at $9,756,871 compared to 94,976 shares being traded valued at $1,384,143 on Wednesday.
The Composite Index rose 0.29 points to 1,205.68, the All T&T Index gained 0.56 points to 1,833.65 with a year to date loss at 5.91 percent. The Cross Listed Index remained unchanged at 77.20 points with year to date gains of 55.93 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 6 stocks with bids higher than last selling prices and 7 with lower offers.
Gains| Guardian Holdings traded 30,678 units with a value of $388,217 after rising 13 cents to close at $12.65 and Scotia Investments traded 315,000 shares to close at a 52 week’s high of $2.01, after gaining 1 cent.
TTSE sum 22-12-16 Losses| Clico Investments lost 20 cents with 54,459 shares being traded, to close at $22.60, Readymix West Indies closed at a 52 week’s low of $10.99, after falling by 1 cent, with 2,999 shares changing owners and West Indian Tobacco fell 2 cents on the trading of 101 shares to close at $126.88.
Firm Trades | Massy Holdings contributed 8,455 shares valued at $439,651 to end at $52, Republic Financial Holdings with a volume of 75,484 shares valued at $8,186,240 being traded, closed at $108.45, Scotiabank traded 174 shares to close at $58.78 and Trinidad and Tobago NGL fell 10 cents, in trading 1,591 shares at $21.25.

Falling stocks beat rising ones 4 to 1 on TTSE

TTstocks Trading on the Trinidad & Tobago Stock Exchange on Tuesday resulted in only 9 securities changing hands compared to 7 on Monday. Market activity ended with only 1 stock that advanced, 4 declined and 4 held firm with 107,398 units being traded at a value of $1,567,701 compared to Monday’s 140,454 shares valued at $1,002,987.
The Composite Index slipped 0.15 point to 1,205.40, the All T&T Index lost 0.29 point to 1,833.09 with its year to date loss at 5.91 percent. The Cross Listed Index remained at 77.20 points with year to date gains of 55.93 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 7 stocks with bids higher than last selling prices and 8 with lower offers.
Gains| Massy Holdings jumped $1 on the trading of 1,351 shares to close at $52 to be the sole stock rising.
< Strong> Losses| First Citizens Bank closed at $34.55, after falling by 37 cents with 112 shares changing TTSE sum 20-12-16owners, LJ Williams lost 1 cent in closing at 66 cents with 39,168 shares changing hands. Trinidad & Tobago NGL fell 24 cents to close at $21.25 with 2,123 shares changing ownership and West Indian Tobacco lost 5 cents to end at $126.90 with 10,000 units changing hands.
Firm Trades | Clico Investments with 87 shares being traded, closed at $22.60, JMMB Group was unchanged at 89 cents with an exchange of 48,223 shares, National Flour traded 45,000 shares at $2.52 and Trinidad Cement closed at $4.25 while trading 9,644 shares.

Only 33,000 shares trade Thursday on TTSE

TTSE build Market activity on the Trinidad & Tobago Stock Exchange dipped sharply on Thursday with very moderate volume and closed with 10 stocks changing hands compared to 13 on Wednesday.
Trading ended with 32,776 units valued at $570,141 changing hands, compared to 84,825 shares valued at $1,022,125 on Wednesday, with 2 stocks advancing, 5 declining and 3 unchanged.
The Composite Index declined 0.04 points to 1,205.28 points, the All T & T Index lost 0.01 point to 1,832.84 points with its year to date loss at 5.94 percent. The Cross Listed Index down 0.01 point to 77.20 points with year to date gains of 55.93 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| JMMB Group gained 1 cent, closing trading at 89 cents with 939 shares changing hands and Trinidad Cement closed 2 cents higher at $4.10 with 4,094 shares being exchanged.
Losses| Clico Investments lost 1 cent to close at $22.60 with 10,000 shares changing hands, Grace Kennedy was down 2 cents, closing trading at $2.69 with 890 shares changing owners.TTSE sum 15-12-16 Scotiabank fell 87 cents to $58.78 with an exchange of only 239 shares, Trinidad & Tobago NGL closed trading at $21.50, losing 46 cents with 13,201 shares changing hands and West Indian Tobacco lost 2 cents to close at $126.95 with a mere 100 shares switching owners.
Firm Trades | Ansa McAL closed at $66.50 with an exchange of 37 shares, National Commercial Bank, with 1,286 shares changing hands, closed at $2.87 and Point Lisas with 1,990 shares being traded, closed at $3.70.

Scotia Invest at new high

Scotia Investments closed at a new 52 weeks' high on TTSE.

Scotia Investments closed at a new 52 weeks’ high on TTSE.

The Jamaican based Scotia Investments traded at a new 52 weeks’ high on the on the Trinidad & Tobago Stock Exchange on Wednesday, as the market closed with a slight increase in trading levels with 13 stocks changing hands compared to 11 on Tuesday.
Trading ended with 2 stocks advancing, 4 declining and 7 unchanged and ended with 84,825 units valued at $1,022,125 compared to Tuesday’s 31,912 shares valued at $644,182.
The Composite Index declined 0.50 points to 1,205.32 points, the All T & T Index lost 1.13 points to 1,832.85 points with its year to date loss at 5.94 percent. The Cross Listed Index rose 0.02 points to 77.21 points with year to date gains of 55.95 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 10 with lower offers.
Gains| Scotia Investments gained 3 cents to close trading at a 52-week high of $2 with 500 shares changing hands, and Scotiabank closed at $59.65, an 89 cents increase with 1,835 shares being exchanged.
Losses| First Citizens lost 1 cent to close at $34.91 with 1,010 shares changing hands, Republic Financial Holdings closed at $108.45, a loss of 1 cent with 1,000 shares changing owners. Trinidad & Tobago NGL was down 3 cents, TTSE sum 14-12-16closing trading at $21.97 with an exchange of 5,059 shares and West Indian Tobacco also lost 3 cents to close at $126.97 with 1,000 shares changing ownership.
Firm Trades | Clico Investments closed at $22.61 with an exchange of 10 shares, Guardian Holdings, with 3,000 shares changing hands, closed at $12.65, JMMB Group was unchanged at 88 cents with 19,061 shares changing owners, Massy Holdings held firm at $51 with 5,584 shares being exchanged. National Enterprises closed at $10.65 with 472 shares changing hands, Point Lisas with a mere 10 shares being traded, closed at $3.70 and Trinidad Cement closed at $4.08 with 46,284 shares switching owners.

Trading levels rise

stocks Trading levels remained low on the Trinidad & Tobago Stock Exchange on Tuesday despite 11 securities changing hands compared to 8 on Monday. The market closed with 4 stocks advancing, 1 declining and 6 unchanged. Market activity resulted in 31,912 units valued at $644,182 changing hands compared to Monday’s 46,969 units valued at $702,598.
The Composite Index gained 0.43 points to 1,205.82 points, the All T & T Index advanced 0.80 points to 1,833.98 points with its year to date loss at 5.88 percent. The Cross Listed Index rose 0.01 point to 77.19 points with year to date gains of 55.91 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 3 stocks with bids higher than last selling prices and 8 with lower offers.
Gains| Ansa Merchant Bank, advanced 10 cents to close at a 52 weeks’ high of $40.10 but with a mere 24 shares changing hands, Scotia Investments added 1 cent, closing trading at $1.98 with 888 shares changing owners. Scotiabank closed at $58.76, up 7 cents with only 14 shares being exchanged while Trinidad Cement advanced 7 cents to $4.08 with 7,637 changing hands.
TTSE sum 13-12-16< Strong> Losses| Guardian Holdings closed at $12.65, down 5 cents with 2,000 shares changing hands.
Firm Trades | Ansa McAL was unchanged at $66.50 with 177 shares changing owners, Clico Investments closed at $22.61 with an exchange of 130 shares and JMMB Group traded firm at 88 cents with 15,000 shares changing hands. Massy Holdings remained unchanged at $51 with 1,395 shares changing owners, Trinidad & Tobago NGL at $21.99 with 1,000 shares switching owners and West Indian Tobacco held firm at $127 with 3,647 shares changing hands, valued at $463,151.

No trading in TCL that’s poised to rise

TCL 2 Market activity on the Trinidad & Tobago Stock Exchange on Wednesday resulted in 14 securities trading compared to 13 on Tuesday. Trinidad Cement with a bid by Cemex to acquire majority of shares at $4.50 did not trade and ended with 12,432 units on the bid at $4.07 and 127,363 units being offered at $4.50. Trading ended with 3 stocks advancing, 2 declining and 9 remaining unchanged.
The market closed with 361,588 shares trading with a value of $3,622,735 in contrast to Tuesday’s volume of 197,320 valued at $1,996,726.
The Composite Index declined 0.01 point to 1,206.02 points, the All T&T Index gained 0.14 points to 1,834.52 points, lowering its year to date loss to 5.85 percent. The Cross Listed Index lost 0.02 points to 77.17 points with year to date gains slipping to 55.87 percent.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 7 stocks with bids higher than last selling prices and 10 with lower offers.
Gains| Clico Investment gained 5 cents to close at $22.60 with 75,378 shares changing hands at a value of $1,703,450, National Enterprises closed at $10.66, adding 1 cent with 500 shares trading and Scotia Investments closed at $1.83, a gain of 2 cents with 222 shares changing owners.
Losses| Ansa Merchant Bank closed at $40, a loss of 1 cent with 6,000 shares changing hands and Grace Kennedy was down 1 cent to $2.72 with 610 shares switching owners.
TTSE sum 7-12-16 Firm Trades| Angostura Holdings held firm at $15.50 as 75,000 shares changed hands with a value of $1,162,500, First Citizens Bank, with 4,975 shares being exchanged, closed at $34.93, and JMMB Group closed at 90 cents with 191,407 shares changing hands. Massy Holdings remained at $51 with 1,930 shares changing owners, National Commercial Bank closed trading at $2.87 and an exchange of 95 shares, National Flour Mills, with 2,151 shares switching owners, closed at $2.52. Prestige Holdings closed at $11 with an exchange of 181 shares, Sagicor Financial at $7.63 had 775 shares changing hands and Trinidad & Tobacco NGL closed at $22 with 2,364 shares changing owners.

TCL climbs to hit $4

TCL closed closer to offer price of $4.50.

TCL closed closer to offer price of $4.50.

Trinidad Cement advanced 13 cents to close at $4.01 in the aftermath of Cemex offering to buy majority of shares in the company at $4.50 each and TCL paying $20 million to First Citizens Bank to buy shares in the company for TCL workers. The stock ended the day without an offer to sell.
Trading ended with 13 securities changing hands compared to 11 on Monday as 3 stocks advanced, 2 declined and 8 remained unchanged. Volume traded amounted to 197,320 shares were traded with a value of $1,996,726 in contrast to Monday’s volume of 846,000 units valued at $6,385,564.
The Composite Index declined 1.29 points to 1,206.03 points, the All T&T Index gained 3.83 points to 1,834.38 points, reducing its year to date loss to 5.86 percent. The Cross Listed Index lost 0.88 points to 77.19 points with year to date gains falling to 55.91 percent.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 10 with lower offers.
Gains| National Enterprises closed at $10.65 with gains of 5 cents and 1,900 shares changing hands, Sagicor Financial crept up 1 cent, closing at a 52 weeks’ high of $7.63 with 6,000 shares changing hands. Trinidad Cement advanced 13 cents to close at $4.01 as 124,891 shares were exchanged for a value of $499,813.
Losses| National Commercial Bank closed at $2.87, with a loss of 13 cents as 6,817 shares changed hands and Trinidad & Tobago NGL was down 35 cents to $22 with 2,700 shares switching owners.
TTSE sum 6-12-16 Firm Trades| Angostura Holdings remained unchanged at $15.50 with 15 shares changing hands, Clico Investment, with 10,252 shares switching owners, closed at $22.55, and FirstCaribbean International Bank held firm at $8.50 with 24,784 shares changing hands. JMMB Group closed with 4,000 shares changing hands at 90 cents, Massy Holdings held at $51 with 3,924 shares changing owners, Prestige Holdings closed at $11 with an exchange of 16 shares, Scotiabank ended at $58.69 had 12,018 changing hands valued at $705,336 and West Indian Tobacco closed at $127 with only 3 shares changing hands.

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.