7 stocks rise 2 fall on TTSE

September 17, 2015 by

TCL hits a new high on Thursday

TCL hits a new high on Thursday

The Trinidad & Tobago Stock Exchange closed Thursday with in the number jumping to 19 securities trading, the most for some time. The price of 7 stocks rose, 2 declined and 10 traded with prices remaining unchanged as a total of 634,493units traded, valued at $21,640,891.
At the close the Composite Index was up 0.62 points to 1,147.22, the All T&T Index added 1.10 points at 1,951.11 and the Cross Listed Index rose 0.02 to 45.04.
Gains| Grace Kennedy had 1,000 units changing hands at $3.51 for a 1 cent gain, Guardian Holdings with 14,545 shares changing hands for a value of $446,688, closed 6 cents higher at $13, Massy Holdings gained 1 cent, to close at $62.50 while trading 30,835 shares valued at $1,927,138. Prestige Holdings with 26,000 units valued at $257,660 changing hands ended at $9.91 with a cent rise, Scotiabank contributed 1,125 shares in trading, to close at $62.52 with a 1 cent rise. Sagicor Financial Corporation closed with 2,330 shares changing hands, 1 cent higher at $6 and Trinidad Cement had 98,056 shares changing hands, valued at $303,963 and ended at $3.10 with a 10 cents rise, for a 52 weeks; high.
Losses| Clico Investment Fund closed with just 7,781 shares changing hands, 1 cent lower at $22.50 and JMMB Group loss 1 cents to close at 42 cents while trading 2,170 shares.
TTSE 17-9-15 Firm Trades| Agostini’s traded 5,651 shares at $18, Angostura Holdings with 3,984 shares changing hands, closed at $14, ANSA McAL contributed 259,750 shares valued at $17,468,188 in trading, to close at $67.25 with the loss of 1 cent, traded 1,000 units at $38.94. First Citizens Bank had 2,836 shares changing hands to end at $35, National Commercial Bank traded 60,192 shares at $1.63, National Flour with 12,46 shares trading at $2.06, One Caribbean Media traded 4,625 shares at $22, Scotia Investments traded 80,000 shares at $1.60 and West Indian Tobacco traded 3,863 shares valued at $484,536 to close unchanged at $125.43.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than their last selling prices and 5 stocks with offers that were lower.

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Witco’s Q2 profit rise 13%

September 17, 2015 by

witcoTrinidadian based West Indian Tobacco recorded a 13 percent increase in profit after taxation amounting to $143 million up from $127 million in 2014. Profit after taxation for the half year, ended at $241.4 million, an increase of 8 percent over the 2014 results.
Revenues net of excise taxes rose 7.5 percent to $283 million for the quarter and for the six months ended June, an increase of 6 percent to $506 million.
Results benefited from lower cost of sales in the June quarter, declining from $62 million to $60 million while there was only a $1 million increase to $112 million for the six months. Administrative Expenses declined to $24.7million from $29.3 million for the June 2014 quarter and for the half year $45.3 million to $50.6 million. Other Operating Expenses climbed to $7 million from $5 for the quarter and for the half year these cost were flat with $13.6 million for 2015 versus $13.6 in 2014.
Earnings per share for the June 2015 quarter ends at $1.70 and $2.87 for the six months this year for the full year earnings should be in the $6.30 region and would be up from $5.81 earned for 2014. The stock last traded at $125.43 on the Trinidad and Tobago Stock Exchange and would result in a PE for the stock of 20.
The Board approved the payment of a second interim dividend of $1.26 per ordinary share payable on 26 August, to shareholders of record at close of business on August 7th. The interim dividend, amounts to $106 million.

Filed Under: Company News, Company Results Tagged With: ,

4 stocks rise 2 fell on TTSE

September 16, 2015 by

Unilever products - the company's stock closed at a 52 weeks' high on Wednesday

Unilever products – the company’s stock closed at a 52 weeks’ high on Wednesday

The Trinidad & Tobago Stock Exchange closed Wednesday with 10 securities trading. The price of 4 stocks rose, 2 declined and 4 traded with prices remaining unchanged as a total of 178,180 units traded, valued at $2,553,743.
At the close the Composite Index was up 0.03 points to 1,146.60, the All T&T Index added 0.12 points at 1,950.01 and the Cross Listed Index fell 0.01 to 45.02.
Gains| JMMB Group gained 1 cent, to close at 43 cents while trading 49,405 shares, Prestige Holdings with 965 units changing hands, ended at $9.90 with a 1 cent rise, Scotiabank contributed 8,198 shares with a value of $512,389 to the overall trading to close at $62.51 with a 1 cent rise and Unilever Caribbean traded at a new 52 weeks’ high of $67.20, after gaining 5 cents, with 5,107 shares valued at $343,190.
Losses| Clico Investment Fund closed with just 46,080 shares valued at $5,626,160 changing hands, 1 cent lower at $22.51 andSagicor Financial Corporation closed with 2,330 shares changing hands, 1 cent lower at $5.99.
Firm Trades| First Citizens Bank had 2,920 shares changing handsTTSE 16-9-15rv to end at $35, National Commercial Bank traded 518 shares at $1.63, Trinidad Cement had 60,000 shares changing hands, valued at $180,310 and ended at $3 and West Indian Tobacco traded just 2,657 shares to close unchanged at $125.43.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than their last selling prices and 5 stocks with offers that were lower.

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2 stocks rise on TTSE

September 15, 2015 by

stks The Trinidad & Tobago Stock Exchange closed Tuesday with 10 securities changing hands with the price of 2 stocks rising, none declining and 8 traded with prices unchanged as a total of 285,980 units traded, valued at $5,846,515.
At the close, all three indices closing unchanged with the Composite Index closing at 1,146.57, the All T&T Index at 1,949.89 and the Cross Listed Index at 45.03.
Gains| Clico Investment Fund closed with just 249,940 shares valued at $5,626,160 changing hands, 2 cents higher at $22.52 and West Indian Tobacco traded just 700 shares to close unchanged at $125.43 to gain 1 cent.
Firm Trades| ANSA McAL contributed 400 shares in trading, to close at $67.25, First Citizens Bank had 270 shares changing hands to end at $35, Grace Kennedy saw TTSE 15-9-1521,568 units changing hands at $3.50, JMMB Group traded 3,142 shares at 42 cents, National Commercial Bank traded 4,482 shares at $1.63. National Flour with 5,250 shares ended at $2.06, National Enterprises with 28 shares changing hands, closed at $16.95 and Point Lisas closed with 200 shares changing hands at $4.06.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than their last selling prices and 6 stocks with offers that were lower.

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1 new high 1 new low on TTSE

September 11, 2015 by

Stocks The Trinidad & Tobago Stock Exchange closed with only 8 securities changing hands with one stock reaching a 52 weeks’ high and another at a52 weeks’ low. The price of 1 stock rose, 3 declined and 4 traded with price unchanged as a total of 392,499 units traded, valued at $7,370,770.
At the close, the Composite Index rose 0.33 points to 1,146.70, the All T&T Index gained 0.66 points to 1,950.15 and the Cross Listed Index remained at 45.03.
Gains| Agostini’s gained 74 cents with 819 shares changing hands to close at a new 52 weeks’ high $18.
Losses| Clico Investment Fund trade with a volume of 309,118 shares valued at $6,961,307, at the close the price slipped 3 cents to $22.52. Massy Holdings closed with 700 units trading at a new 52 weeks’ low of $62.48 with a 1 cent loss and National Enterprises with 290 shares changing hands, lost 5 cents.
TTSE 11-9-15 Firm Trades|. First Citizens Bank had 1,454 shares changing hands to end at $35, National Commercial Bank traded 64,318 shares at $1.63, Sagicor Financial Corporation closed with 15,000 shares changing hands at $6 and West Indian Tobacco traded just 100 shares to closed at $125.42.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 7 stocks with the bid higher than their last selling prices and 4 stocks with offers that were lower.

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3 stocks gained 1 fell on TTSE

September 4, 2015 by

Trinidad's Scotiabank posted a 12% Q3 profit increase

Trinidad’s Scotiabank posted a 12% Q3 profit increase

The Trinidad & Tobago Stock Exchange closed with 10 securities changing hands, the price of 3 stocks rose, while 1 declined and 6 traded with price unchanged. A total of only 95,610 units traded, valued at $1,928,558.
At the close, the Composite Index gained 0.63 points to 1,145.19, the All T&T Index gained 0.15 points at 1,947.64 and the Cross Listed Index fell 0.15 points to 44.96.
Gains| Clico Investment Fund closed with 46,705 shares changing hands 3 cents higher at $22.54 a total value of valued at $1,052,276, National Commercial Bank traded just 2,000 shares to close 3 cents higher at $1.63 and Scotiabank closed with 4,000 shares valued at $250,000 changing hands to gain 1 cent and end at $62.50. The bank reported improved results to July with profits of $157 million in the July quarter up by 12 percent on the $140 million generated in 2014 and $417 million for the nine months against $390 million in 2014.
Losses| Sagicor Financial Corporation closed with 3,100 shares changing hands at $5.95 after losing 5 cents.
Firm Trades| Angostura Holdings ended with 25,000 shares valued at $350,000 changing hands at $14, First Citizens Bank had only 3,338 shares changing hands to end at $35,
TTSE 4-9-15rGrace Kennedy closed with just 655 shares changing hands at $3.50. Guardian Holdings added 3,445 shares to close at $12.90, Prestige Holdings with 7,209 units changing hands ended unchanged at $9.89 and West Indian Tobacco traded just 158 shares to close at $125.42.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than their last selling prices and 5 stocks with offers that were lower.

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3 stocks gained 3 fell on TTSE

September 3, 2015 by

National Four rose in trading on Thursday

National Four rose in trading on Thursday

The Trinidad & Tobago Stock Exchange closed with 13 securities compared to only 4 on Wednesday changing hands, the price of 3 stocks rose, while 3 declined and 7 traded with price unchanged. A total of only 75,467 units traded, valued at $956,062.
At the close, the Composite Index fell by 0.05 points to 1,144.56, the All T&T Index gained 0.31 points at 1,947.49 and the Cross Listed Index fell 0.06 points to 44.81.
Gains| National Flour Mills with 4,154 shares changing hands, ended at $2.06 after adding 1 cent, Scotiabank closed with 3,195 shares changing hands to gain 9 cents and end at $62.49 and West Indian Tobacco traded just 102 shares to close with a gain of 6 cents back at $125.42.
Losses| Agostini’s ended at $17.25 with a loss of a cent, after trading 749 units, JMMB Group ended with a loss of 1 cent in trading 8,800 shares at 42 cents and Republic Bank closed with a fall of a cents to $112.99, with 2,077 shares changing hands.
Firm Trades| Angostura Holdings ended with 12,645 shares changing hands at $14,TTSE 3-9-15 Ansa Merchant Bank traded 200 units to end at $38.94, Guardian Holdings added 4,052 shares to close at $12.90, First Citizens Bank had only 3,078 shares changing hands to end at $35. National Commercial Bank traded 17,882 shares to close at $1.60, Sagicor Financial Corporation closed with 18,383 shares changing hands at $6 and Scotia Investments closed with 150 shares changing hands at $1.60.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than their last selling prices and 6 stocks with offers that were lower.

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Interest rate hike hurting TTSE

August 24, 2015 by

Bear The sharp rise in the central bank of Trinidad & Tobago since last year is taking a toll on prices of stocks listed on the Trinidad & Tobago Stock Exchange.
In Monday’s trading 13 securities changed hands. One stock gained while the prices of 4 declined and 8 traded with prices unchanged as a total of 200,811 shares traded, valued at $3,000,646.
At the close, the Composite Index declined by 2.26 points to 1,143.52, the All T&T Index fell 4.49 points to 1,950.05 and the Cross Listed Index remained at 44.19.
Gains| Sagicor Financial Corporation closed 50 cents higher with 31,842 shares changing hands at $6, for a value of $191,052.
Losses| Clico Investment Fund traded 500 shares and closed with a fall of a cent at $22.50, Massy Holdings had 3,621 shares trading to end at $63.01, after shedding just 1 cent. Republic Bank suffered a loss of 99 cents to close at a 52 weeks’ low of $113 with just 100 shares changing hands and West Indian Tobacco traded just 540 shares to closed with a loss of 64 cents to end at $123.36
Firm Trades|, Angostura Holdings with 500 shares changing hands, to close at $14, ANSA McAL contributed 31,525 shares with a value of $2,120,056 and closed at $67.25.TTSE sum 24-8-15 Guardian Holdings added 21,596 shares valued at $278,588 to close at $12.90, JMMB Group traded 91,690 shares to close at 42 cents. National Commercial Bank traded 9,531 shares at $1.52, National Flour with 8,000 shares changing hands, closed at $2.20, One Caribbean Media traded 116 shares with the price closing at $22.31 and Prestige Holdings with 1,250 units changing hands ended at $9.89.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than their last selling prices and 5 stocks with offers that were lower.

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2 up 3 down on TTSE

August 19, 2015 by

StockStamp In overall trading on the Trinidad & Tobago Stock Exchange on Tuesday,13 securities changed hands, 2 stocks rose, 3 declined and 8 traded with prices unchanged as a total of 157,041 shares traded, valued at $3,411,444.
At the close of the market, the Composite Index slid 1.54 points to 1,147.67, the All T&T Index remained unchanged at 1,957.29 and the Cross Listed Index fell 0.41 points to close at 44.33.
Gains| ANSA McAL contributed 1,203 shares and closed at $67.26 with a gain of a cent and Scotiabank had 4,550 shares changing hands at $62.32, up 1 cent.
Losses| Agostini’s traded 1,470 units at $17.25 down 1 cents, Massy Holdings traded 18,284 shares valued at to close at $67.02 after declining by 6 cents, National Commercial Bank also fell but by 6 cents to end at $1.52 with 7,000 shares changing hands.
Firm Trades| Angostura Holdings with 1,940 shares changing hands, to close at $14, Clico Investment Fund traded 26,590 shares valued at $598,395 and closed at $22.50, First Citizens Bank with 10,434 shares changing hands for a value of $365,190 and TTSE sum 19-8-15closed at $35 while Guardian Holdings added 18,284 shares valued at $515,124, to close at $12.90. National Enterprises with 3,500 shares changing hands, closed at $17.09, National Flour Mills with 2,056 shares traded closed at $2.20, Sagicor Financial Corporation added 39,682 shares valued at $238,092 to end at $6, and West Indian Tobacco traded 400 shares to close at $126.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than their last selling prices and 4 stocks with offers that were lower.

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Witco back at $126 on TTSE

August 17, 2015 by

Witco gained 63 cents on TTSE on Monday

Witco gained 63 cents on TTSE on Monday

West Indian Tobacco traded just 100 shares to closed with a gain of 63 cents back at $126, a price it traded at in early July, this year. The other stock gaining for the day is National Flour Mills with 250 shares to close of 10 cents higher at a 52 weeks high of $2.20.
In overall trading on the Trinidad & Tobago Stock Exchange on Monday, million worth of stocks traded and ended with 10 securities changing hands with 2 stocks rising, 4 declining and 4 traded with prices unchanged as a total of 339,807 shares traded, valued at $2,428,548.
At the close of the market, the Composite Index gained 0.17 points to 1,151.22, the All T&T Index rose 0.35 points to 1,958.71 and the Cross Listed Index remained at 45.09.
TTSE sum 17-8-15 Declines| Clico Investment Fund traded 4,035 shares and closed at $22.50, down 1 cent, Guardian Holdings with 34,627 shares changing hands for a value of $446,688, closed at $13.90, after shedding 10 cents to end at a 52 weeks’ low. One Caribbean Media traded 2,875 shares with the price falling 9 cents to $22.31 and Republic Bank traded just 75 units, 7 cents lower at $114.90.
Firm Trades| First Citizens Bank with 500 shares changing hands, closed at $35, Grace Kennedy added 760 shares at $3.50, National Enterprises ended at $17.09 with 500 shares changing hands and Sagicor Financial Corporation added 296,085 shares valued at $1,776,458 to end at $6.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than their last selling prices and 5 stocks with offers that were lower.

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