Archives for June 2018

Companies trading climb on TTSE – Friday

Trinidad & Tobago Stock Exchange Head Quarters

Market activity on the Trinidad & Tobago Stock Exchange ended on Friday with trading in 18 securities against 13 on Thursday. At the close 5 securities rose, 2 declined and 11 remained unchanged.
The Composite Index lost 3.53 points on Friday to 1,234.02, the All T&T Index declined 0.33 points to 1,723.42, while the Cross Listed Index rose 0.93 points to close at 100.07.
The market closed with 343,088 shares trading at a value of $4,812,925, compared to 912,695 shares trading at a value of $8,892,469 on Thursday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows market sentiment to be closely matched between advancing and declining stocks as the market closed with 1 stock ending with a higher bid than the last selling prices and 3 with lower offers.
Gains| Clico Investments concluded trading and rose 1 cent to end at $20.27, with 30,202 stock units changing hands, Grace Kennedy added 10 cents and closed at $3, with 102,253 stock units changing hands, NCB Financial Group increased 10 cents and completed trading at $5.45, after exchanging 46,501 shares, Sagicor Financial rose 7 cents to $7.87, with 1,448 stock units changing hands and Trinidad & Tobago NGL closed with a gain of 20 cents to $29.50, with 3,759 stock units changing hands.
Losses| Point Lisas share price fell 3 cents and ended at $3.81, with 537 stock units changing hands and Unilever Caribbean closed with a loss of 5 cents at $29.25, after exchanging 3,240 shares.
Firm Trades|
Ansa Mcal ended at $58, with 32,169 units, First Citizens completed trading at $34.91, after exchanging 6,920 shares, Guardian Holdings ended at $16.60, with just 38 units changing hands, JMMB Group settled at $1.75, after exchanging 86,703 shares, Massy Holdings closed at $47.20, trading 20,485 shares, One Caribbean Media settled at $12.34, with 349 shares changing hands, Prestige Holdings ended at $10.01, with 268 units traded, Republic Financial Holdings settled at $102.75, after exchanging 1,369 shares, Scotiabank ended at $65.01, with 165 units changing hands, Trinidad Cement ended at $3, with 6,488 units and West Indian Tobacco settled at $88.50, after exchanging 194 shares.
Prices of securities trading for the day are those at which the last trade took place. Daily

AnsaMcAl drops $2 in TTSE trading – Thursday

Carib Beer brewed in Trinidad by Ansa McAl Group

Ansa McAl producers of Carib Beer, dropped $2 in trading on the Trinidad & Tobago Stock Exchange on Thursday trading 5,085 shares and contributed to the Composite Index declining 5.86 points, the All T&T Index falling 6.37 points to 1,723.09 and the Cross Listed Index shedding 0.73 points to 99.14.
The market closed with 912,695 shares trading at a value of $8,892,469, compared to just 25,965 shares trading at a value of a mere $342,138 on Wednesday and ended with 14 securities trading against 11 on Wednesday, as 5 rose, 5 declined and 4 remained unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows market sentiment to be closely matched between advancing and declining stocks as the market closed with 1 stock ending with a higher bid than the last selling prices and 2 with lower offers.
Gains| Calypso Macro Index Fund traded 1,000 shares with the price rising 50 cents to $16.50, Clico Investments closed with an increase of 1 cent to settle at $20.26, with 7,316 stock units changing hands, Massy Holdings rose 20 cents and completed trading at $47.20, after exchanging 13,009 shares, Point Lisas ended trading with 500 stock units changing hands after rising 3 cents to $3.84 and Trinidad & Tobago NGL added 3 cents and settled at $29.30, with 4,976 stock units changing hands.
Losses| Angostura Holdings lost 3 cents to close at $15.72, with 350 stock units changing hands, Ansa Mcal ended trading at $58 after falling $2, in exchanging 5,085 units, NCB Financial Group concluded trading with a loss of 10 cents and ended at $5.35, after exchanging 80,000 shares, Republic Financial Holdings fell 1 cent and completed trading at $102.75, after exchanging 1,782 shares and Sagicor Financial shares fell 11 cents and settled at $7.80, with 755,748 stock units changing hands.
Firm Trades| First Citizens ended at $34.91, after exchanging 21,043 shares, Guardian Holdings concluded trading at $16.60, with 21,279 units, Scotiabank closed at $65.01, with 100 units while Unilever Caribbean ended at $29.30, after exchanging 507 shares.
Prices of securities trading for the day are those at which the last trade took place.

Blue Power jumps $12 – Thursday

Blue Power in big $12 jump.

Blue Power stock price jumped $12 to $42 on the Junior Market of the Jamaica Stock Exchange on Thursday following the announcement that the directors will be discussing a possible stock split at a meeting in July.
Other movement of note was the trading of just under 13 million shares of Lasco Manufacturing and leading to overall exchange of 13,450,013 units valued at $56,708,412 compared to 1,463,979 units valued at $7,919,572. on Wednesday.
At the close of market activities, the prices of 12 securities advanced, 5 declined and 2 remained unchanged as 20 securities traded compared to 24 on Wednesday. The Junior Market Index advanced by 23.93 points to 3,028.37.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ending with bids higher than their last selling prices and 2 with lower offers.
Trading ended with an average of 707,895 units for an average of $2,984,653 in contrast to 60,999 units for an average of $329,982 on Wednesday. The average volume and value for the month to date, amounts to 162,661 units valued at $812,413 and previously 166,085 units valued at $682,228. May closed with an average of 217,589 units, valued at $1,322,452 for each security traded.
At the close of the market, AMG Packaging ended with a loss of 10 cents at $2.10, with 6,370 stock units, Blue Power jumped $12 to close $42, with 27,417 units trading, Caribbean Producers finished trading with a loss of 5 cents to end at $5.20, with 17,922 units, Consolidated Bakeries declined by 7 cents to $2, with 29,835 shares, Elite Diagnostic settled 4 cents higher at $3.10, with 21,926 units. Express Catering traded with a loss of 84 cents at $7.16, with 33,100 shares, FosRich Group finished trading 15 cents higher at $2.95, with 35,010 shares, General Accident closed 30 cents higher at $3, with 500 stock units, GWest Corporation ended 20 cents higher at $2.50, with 16,272 units. Honey Bun concluded trading after gaining 2 cents to $5.02, with 8,892 shares, Iron Rock finished at $2.95, with 10,000 shares, Jetcon Corporation added 2 cents to close at $4.05, with 659 units, Lasco Distributors concluded trading 5 cents higher at $4.15, with 243,625 stock units. Lasco Financial rose 1 cent to $5, with 5,000 units, Lasco Manufacturing closed after rising 10 cents to end at $4.20, with 12,911,850 shares, Main Event ended trading $1 higher at $7, with 31,441 shares, Stationery and Office closed with a loss of 40 cents at $7.60, with 41,094 units and tTech concluded trading 70 cents higher at $6, with 3,100 shares. In the junior market preference segment, Eppley 9% finished $6 higher at $6, with 6,000 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.

12 Junior Market stocks fall – Wednesday

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Access Financial drops $7.50 on Wednesday.

12 Junior Market stocks fell out of a total of 24 securities trading in the second tiered
market of the Jamaica Stok Exchange on Wednesday, helping to drive the market Index down by 17.46 points to 3,004.44 at the close.

Access Financial was a big loser falling $7.50 while Eppley fell $1.01, Knutsford Express and Main Event both lost $1 but Express Catering climbed $1 and Stationery and Office climbed $1.15 as the prices of 7 securities rose and 5 remaining unchanged
Trading activity ended with 1,463,979 units valued at $7,919,572 changing hands compared to 1,560,032 units valued at $8,956,643 from the trading of 22 securities on Tuesday.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ending with bids higher than their last selling prices and 4 with lower offers.
Trading ended with an average of 60,999 units for an average of $329,982 in contrast to 70,911 units for an average of $407,120 on Tuesday. The average volume and value for the month to date, amounts to 166,085 units valued at $802,331 and previously 135,539 units valued at $711,179. May closed with an average of 217,589 units, valued at $1,322,452 for each security traded.
At the close of the market, Access Financial dived $7.50 to end at $45.50, with 15,000 shares, AMG Packaging closed 10 cents higher at $2.20, with 49,666 stock units, Blue Power concluded trading at $30, with 6,175 units, but closed with the bid at $33 as investors responded to the news that a stock split is to be considered by the directors at an upcoming meeting in July. Caribbean Cream ended trading with a loss of 21 cents at $5.99, as a mere 100 shares changed hands, Caribbean Producers gained 5 cents to $5.25, with 10,000 stock units. Consolidated Bakeries finished trading 2 cents higher at $2.07, with 3,700 units, Dolphin Cove rose 90 cents to $16, with 1,500 shares, Elite Diagnostic finished with a loss of 4 cents at $3.06, with 15,000 stock units, Eppley settled with a loss of $1.01 at $8.14, with 10,000 units. Express Catering ended trading $1 higher at $8, with 215,272 shares, FosRich Group lost 10 cents to end at $2.80, with 1,367 shares, General Accident finished trading with a loss of 28 cents at $2.70, exchanging 78,444 shares, GWest Corporation closed 5 cents higher at $2.30, with 2,000 stock units. Honey Bun ended at $5, with 5,000 units, Jamaican Teas settled with a loss of 5 cents at $5.95, after 18,000 shares traded, Jetcon Corporation ended trading 659,115 stock units and lost 12 cents in closing at $4.03, Knutsford Express closed with a loss of 1 cent at $11.50, exchanging 50,000 shares. Lasco Distributors fell 10 cents to $4.10, with 111,599 shares, Lasco Financial concluded trading with a loss of 1 cent at $4.99, while 89,621 stock units were exchanged, Lasco Manufacturing finished at $4.10, with 47,145 units, Main Event settled with a loss of $1 at $6, with 58,500 shares. Paramount Trading closed at $2.90, with 7,275 shares, Stationery and Office finished trading $1.15 higher at $8, with just 500 stock units changing hands and tTech ended at $5.30, with 9,000 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place. 

Jurassic World Fallen Kingdom

Jurassic World: Fallen Kingdom Blue (Raptor) with Chris Pratt as Owen

With uniquely thrilling moments, the 25-year-old movie franchise continues with another ‘dino-mite’ blockbuster film- Jurassic World: Fallen Kingdom.
It’s been three years since the Isla Nublar theme park and luxury resort, Jurassic World was destroyed by dinosaurs out of containment. The park now sits abandoned by humans while the surviving dinosaurs fend for themselves in the jungle. When the island’s dormant volcano begins roaring to life, Owen (Chris Pratt) and Claire (Bryce Dallas Howard) mount a campaign to rescue the remaining dinosaurs from this extinction-level event. Owen is driven to find Blue, his lead raptor who is still missing in the wild, and Claire who has grown to respect these creatures, makes saving them her mission. Arriving on the unstable island as lava begins raining down, their expedition uncovers a conspiracy that could return our entire planet to a perilous order not seen since in prehistoric times. The film is directed by J.A. Bayona (The Impossible, The Orphanage) and stars: Chris Pratt, Bryce Dallas Howard and Rafe Spall.

Just 26,000 TTSE stock units trade – Wednesday

Demand rises for Republic Financial Holdings

Market activity on the Trinidad & Tobago Stock Exchange ended on Wednesday with moderate gains in the market indices while in 11 securities traded against 12 on Monday, 2 rose, 3 declined and 6 remained unchanged.
Republic Financial Holdings closed at 52 weeks’ high at $102.96. The market closed with a very modest 25,965 shares trading at a value of a mere $342,138 changing hands, compared to just 200,242 shares trading at a value of $1,592,512, on Monday.
The Composite Index lost 1.55 points on Wednesday to 1,236.35, the All T&T Index declined 0.99 points to 1,729.46, while the Cross Listed Index shed 0.29 points to close at 99.87.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows market sentiment to be closely matched between advancing and declining stocks as the market closed with 6 stocks ending with higher bids than the last selling prices and 3 with lower offers.
Gains| Republic Financial Holdings gained 10 cents and concluded at $102.76, after exchanging just 28 shares and Trinidad & Tobago NGL gained 2 cents and ended at $29.27, with 300 stock units changing hands.
Losses| Guardian Holdings lost 40 cents to close at $16.60, with 6,000 units trading, NCB Financial Group fell 4 cents to settle at $5.45, after exchanging 10,000 shares and Sagicor Financial to finish 4 cents lower and ended at $7.91, with 900 stock units changing hands.
Firm Trades| Clico Investments completed trading at $20.25, with 708 stock units changing hands, First Citizens concluded trading at $34.91, after exchanging 2,418 shares, JMMB Group closed at $1.75, after exchanging 1,400 shares, Massy Holdings finished trading at $47 after exchanging 1,167 shares, National Enterprises concluded trading at $9.50, with 1,000 stock units changing hands and National Flour closed at $1.80, with 2,044 units trading.
Prices of securities trading for the day are those at which the last trade took place.

Stock split for Blue Power?

Blue Power stock split to be considered by the directors.

A stock split could be coming for Junior Market listed Blue Power Group that is currently selling at $30. The directors of the company advised the Jamaica Stock Exchange on Wednesday.
The company also advised that a meeting of their Board will be held on July 2, will consider the declaration of a dividend and Whether the Board should recommend a stock split to the shareholders. IC Insider.com gathers from unconfirmed sources that the although the wording suggest that there could be a decision not to split the stock there is a strong possibility that the decision end up being being a 10 to 1 split.
Blue Power reported full year earnings to April with a fall from $122 million to $102 million as other income dropped from $8 million to $3.4 million and net finance income nosedived from $21 million to just $66,000, after revenues grew 8 percent from $1.4 billion to $1.5 billion and gross profit fell from $327 million to $323 million. The company reported strong growth in export sales of soap but say they are gearing for increased completion within the region including new soap plant in Jamaica. The increase in export sales over the previous year was 34% from $70 million to $94 million Dhru Tanna stated in his report accompanying the audited financial statements.
Earnings per share was $1.81 for the just concluded 2018 fiscal year.

JSE up one day down another

 

Syngus Credit Jamaica stock dip below IPO price but teh US based rose.

The Jamaica Stock Exchange main market retreated on Tuesday after it gained on Monday following Friday’s losses as declining stocks had the upper hand over advancing ones.
At the close, the All Jamaican Composite Index fell 634.73 points to 333,735.28 while the JSE Index slipped 578.31 points to 304,070.53, as declining stocks dominated trading.
Market activities in the main and US dollar markets resulted in 32 securities trading of which 9 advanced, 11 declined and 12 traded firm, compared to 22 securities trading on Monday.
At the close of market activity 6,395,222 units valued at $50,487,361 traded compared to 3,061,341 units valued at over $40,934,808 changed hands, on Monday.
Trading volume was dominated by 1834 Investments with 2 million units followed by Ciboney with 1,589,845 units and Mayberry Investments with 1,084,672 units.
Stocks with major price changes are, JMMB Group rising 50 cents to $29, Sagicor Group climbing $1.10 to $39.10 and Supreme Ventures gaining $1.09 to close at $15, Sygnus Credit falling $2.30 to a low of $13.70 and Productive Business Solution Preference share rose $2 to $105.
Trading resulted in an average of 220,525 units valued at over $1,740,943, in contrast to 113,383 shares valued at $1,516,104 on Monday. For the month to date 195,519 units traded with an average value of $6,383,337 and on the previous day 203,633 units traded with an average value of $6,596,529 on average. May closed with an average of 589,414 shares with a value of $16,532.367, for each security traded.
In the US dollar market, 174,740 units valued at over $22,872 traded with Proven Investments ended trading with 6070 units at 20 US cents, Sugnus Credit Investments 167,670 shares and rose 1.5 cents to a new high of 12.5 US cents and JMMB Group 6% preference share advanced by 10 cents in trading 1,000 stock units at $1.10. The JSE USD Equities Index rose 1.32 points to close at 163.15.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 1 closing with a lower offer.

More Junior Market recovery – Tuesday

Jamaican Teas closed at a all-time high of $6 on Tuesday.

The Junior Market of the Jamaica Stock Exchange closed activities with the market Index rising 15.26 points to 3,021.90 as 22 securities changed hands, resulting in as the prices of 6 securities rising, 9 declining and 7 remaining unchanged.
The volume and value traded rose to 1,560,032 units valued at $8,956,643 compared to 333,499 units valued at $1,479,924 from the trading of 21 securities on Monday. Jamaican Teas traded at a new all-time high of $6.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ending with bids higher than their last selling prices and 6 with lower offers.
Trading ended with an average of 70,911 units for an average of $407,120 in contrast to 15,159 units for an average of $67,269 on Monday. The average volume and value for the month to date, amounts to 135,539 units valued at $711,179 and previously 140,805 units valued at $735,954. May closed with an average of 217,589 units, valued at $1,322,452 for each security traded.
At the close of the market, AMG Packaging ended with a loss of 5 cents to close at $2.10, with 2,678 stock units, Blue Power jumped $1.50 to $30, after 3,025 units changed hands Caribbean Producers finished trading at $5.20, with 29,901 units, Consolidated Bakeries closed with a loss of 5 cents at $2.05, while trading 23,000 shares, Elite Diagnostic settled at $3.10, with 75,106 units changing hands. Eppley ended trading with a loss of 85 cents at $9.15, in exchanging 128,195 shares, Express Catering rose 1 cent to $7, with 15,682 shares, FosRich Group finished trading at $2.90, with 145,603 shares, General Accident closed with a loss of 2 cents at $2.98, in the trading of 1,000 stock units. GWest Corporation ended at $2.25, trading 7,398 units, Honey Bun concluded trading at $5, with 103,203 shares, Jamaican Teas ended at an all-time high of $6 after rising 50 cents and trading 108,130 stock units, Jetcon Corporation rose cents to end at $4.15, with 32,744 units. KLE Group closed with a loss of 25 cents at $2.70, while trading 29,500 shares, Knutsford Express ended 50 cents higher at $12.50, with 5,389 shares changing hands, Lasco Distributors concluded trading at $4.20, with 198,580 stock units, Lasco Financial finished with a loss of 10 cents at $5, with 37,301 units. Lasco Manufacturing settled with a loss of 10 cents at $4.10, with 30,000 shares, Main Event ended trading 7,050 shares at $7, Medical Disposables traded 1,500 shares 25 cents higher at $5, Paramount Trading finished trading with a loss of 10 cents at $2.90, with 2,197 stock units and Stationery and Office closed with a loss of 90 cents at $6.85, with 572,850 units changing hands.
Prices of securities trading for the day are those at which the last trade took place.

Juniors recover some ground on Monday

The Junior Market of the Jamaica Stock Exchange, recovered more of the losses suffered last week as stocks rising was just ahead of those falling.
At the close of market activities, the Junior Market Index advanced just 13.24 points to 3,006.64 as 22 securities changed hands, resulting in as the prices of 7 securities rising, 5 declining and 10 remaining unchanged. On Friday there was trading in 21 securities.
The volume and value traded fell over 85 percent below Friday’s levels, with volume traded declining to a mere 333,499 units valued at $1,479,924, compared to 2,292,770 units valued at $10,680,659on Friday.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ending with bids higher than their last selling prices and 5 with lower offers.
Trading ended with an average of 15,159 units for an average of $67,269 in contrast to 109,180 units for an average of $508,603 on Friday. The average volume and value for the month to date, ends at 140,805 units valued at $735,954 and previously 151,951 units valued at $795,273. May closed with an average of 217,589 units, valued at $1,322,452 for each security traded.
At the close of the market, AMG Packaging ended trading 5 cents higher at $2.15, with 25,204 stock units, CAC 2000 finished at $9, with 4,665 shares, Caribbean Cream ended trading $1.20 higher at $6.20, with 10,000 shares, Caribbean Flavours traded at $11, with 200 stock units, Caribbean Producers rose 20 cents to $5.20, with 5,461 units. Derrimon Trading concluded trading with a loss of 10 cents at $11.40, with 2,700 shares, Elite Diagnostic settled 5 cents higher at $3.10, trading 17,500 units, Express Catering gained 3 cents to end at $6.99, with 19,077 shares, FosRich Group finished trading with a loss of 8 cents at $2.90, with 7,484 shares. General Accident closed at $3, with 1,000 stock units trading, GWest Corporation ended 3 cents higher at $2.25, with 23,782 units, Honey Bun concluded trading at $5, trading 28,808 shares, Jamaican Teas ended trading at $5.50, with 4,124 stock units, after trading at an intraday high of $5.82. KLE Group closed at $2.95, with 7,912 shares, Knutsford Express ended at $12, with 1,900 shares, Lasco Distributors concluded trading with a loss of 5 cents at $4.20, with 39,817 stock units, Lasco Financial fell 10 cents and closed at $5.10, with 34,970 units. Lasco Manufacturing settled at $4.20, with 7,478 shares trading, Main Event ended trading with a loss of 80 cents ot $7, with 7,952 shares, Medical Disposables traded with a loss of 25 cents at $4.75, with 13,903 shares, Paramount Trading finished trading at $3, with 53,715 stock units and Stationery and Office closed at $7.75, with 15,847 units changing hands.
Prices of securities trading for the day are those at which the last trade took place.