Home' Trinidad and Tobago Guardian : February 1st 2015 Contents SBG8 STOCKS
SUNDAY BUSINESS GUARDIAN www.guardian.co.tt FEBRUARY 1 • 2015
TRINIDAD AND TOBAGO STOCK EXCHANGE TRADING SUMMARY
WEEKLY BULLETIN FOR WEEK ENDED JANUARY 30, 2015
F rs T r
303 1,078,121 19,479,167.76
Mu ua Fun
55 391,934 8,963,697.60
MARKET ACTIVITY FOR WEEK ENDED JAN 30, 2015
Amount Ex-div date Record date Payment Date
$0.015 (F) 16.12.14
$0.33 (F) 05.01.15
$0.45 (I) 04.02.15
$0.64 (F) 27.01.15
D v n s o cross- s com an s ar quo n h r na ona curr nc s
DIVIDEND/CAPITAL DISTRIBUTION PAYMENTS
Value Weekly % YTD %
Com os In x
1,150.83 (0.04) (1.01)
A T&T In x
1,985.66 0.04 0.13
Cross Listed Index
41.37 (0.53) (0.84)
Mark Ca a sa on109,700,985,025 (0.04) (0.01)
MARKET INDICES AS AT JAN 30, 2015
First Citizens Bank Ltd (FIRST): 29.01.15
The T&T Stock Exchange Ltd has received notice that at a meeting of the
Board of FIRST held on January 26, 2015, the following persons were appointed:
• Joseph Toney, deputy chairman, effective January 26, 2015, for two years
• Rajesh Rajkumarsingh, director, effective January 26, 2015, for two years
National Commercial Bank Jamaica Ltd (NCBJ): 29.01.15
The T&T Stock Exchange has received notice that on December 11, 2014, Mr
Lincoln McIntrye, assistant general manager, credit, went on retirement.
Sagicor Financial Corporation (SFC): 28.01.15
The stock exchange has received notice that the board of directors of SFC, the
non-operating holding company for the Sagicor Group, has approved a
recommendation from the management to prepare a plan to relocate its
registered office from Barbados to another jurisdiction.
This recommendation follows recent rating action by Standard and Poor's
(S&P), to downgrade entities within the Sagicor Group.
These downgrades were a direct result of S&P's downgrade on the sovereign
credit rating of Barbados. Credit ratings of entities within the Sagicor Group are
currently capped at the maximum two notches above the Barbados rating as long
as it is domiciled in Barbados. Re-domiciliation of SFC will result in its Registered
Office being relocated from Barbados to a country with an investment grade
rating. This will permit Sagicor Group entities to attract a stronger rating,
resulting in better access to capital to fund future growth and development, and
greater access to strategic value-creating business opportunities; all of which
redound to the benefit of their stakeholders.
The country of re-domiciliation is yet to be determined, but consideration is
being given to a number of locations, including, but not limited to,
the US, Luxembourg, UK, Ireland and T&T. A recommendation will
be made only after a rigorous evaluation process is completed.
There are several steps involved in this process, and subject to
shareholder approval, SFC expects to have it completed by the
end of 2015.
Scotia Investments Jamaica Ltd (SIJL): 27.01.15
The stock exchange has received notice that Mr Marcel
Schroder resigned from the board of directors of
SIJL effective January 21, 2015.
FirstCaribbean International Bank Ltd
The stock exchange has received notice that the
directors of FCI have, by resolution, fixed Friday,
February 13, 2015 as the record date for the
determination of shareholders entitled to receive
notice of the annual meeting of shareholders.
The annual meeting of shareholders will be held
on Friday, March 13, 2015 at 10:00 am at the Hilton
Barbados Resort, St Michael, Barbados
Market activity increased
29.62 per cent this week
with 1,078,121 shares trad-
ed on the First Tier Market
compared to 831,773 shares
traded in the prior week.
The value of shares traded rose a notable 154.31
per cent from $7,659,703.74 last week to
$19,479,167.76 this week. The volume leader
was First Citizens Bank Ltd (FIRST) with 36.48
per cent of the total volume traded or 393,346
Both the Composite Index and Cross Listed
Index posted declines this week while the All
T&T Index closed higher. The Composite Index
fell 0.04 per cent or 0.42 points to 1,150.83, the
All T&T Index increased 0.04 per cent or 0.78
points to 1,985.66 and the Cross Listed Index
dropped 0.53 per cent or 0.22 points to 41.37.
Advances were outnumbered by declines by
a ratio of 5 to 10 this week. The major advance
was National Flour Mills Ltd (NFM), up 14.88
per cent or $0.18 to $1.39 and the major decline
was Jamaica Money Market Brokers Ltd (JMMB),
down 6.98 per cent or $0.03 to $0.40.
There was no activity on the Second Tier
Market this week. On the TTD Mutual Fund
Market, 391,934 Clico Investment Fund (CIF)
units traded with a value of $8,963,697.60. CIF s
price fell 2.77 per cent or $0.65 to $22.80.
Links Archive January 31st 2015 February 2nd 2015 Navigation Previous Page Next Page