The main market of the Jamaica Stock Exchange, took a break from record making runs with the All Jamaica Index closed a fall of 2,842.30 points to 430,464.92 and the JSE Index declined by 2,589.66 points to close at 392,202.23.
Market activity resulted in 3 securities trading at record highs but ended with 2 securities closing at record highs and one closing at 52 weeks’ low, as 31 securities in the main and US dollar markets changed hands, compared to a 35 on Thursday. At the end, prices of 16 stocks rose, 7 declined and 8 remained unchanged.
The main market ended with 12,946,386 units valued at $522,988,358 changing hands, compared with 9,092,070 units valued at $158,769,688 exchanged, on Thursday.
The main market ended with Jamaica Broilers leading with 8,048,990 units, accounting for 62 percent of the day’s trades, followed by Wisynco Group with 1,699,655 units or 13 percent of the day’s volume and NCB Financial with 1,409,918 units with 10 percent of the day’s trades.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator reading shows 8 stocks ending with bids higher than the last selling prices and 3 closing with lower offers.
Trading resulted in an average of 446,427 units valued at over $18,034,081, in contrast to 284,127 shares valued at $4,961,553 on Thursday. The average volume and value for the month to date, amounts to 405,528 valued at $7,755,942, compared to 403,611 valued at $7,228,391 previously. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In main market activity, Barita Investments rose $3.99 to a record close of $28, trading 2,000 shares, Grace Kennedy climbed $3 in trading of 36,609 shares at $58, Jamaica Broilers gained 55 cents, trading 8,048,990 stock units at $30.55, Jamaica Producers rose 41 cents and finished trading 27,898 units, at $24.51, JMMB Group jumped $2.49 to end at $35, trading 96,088 shares, Mayberry Jamaica Equities jumped 98 cents trading 42,500 shares in closing at $10, NCB Financial Group lost 95 cents to end trading at $159.05 with 1,409,918 shares, PanJam Investment jumped $2.50 to a record $74, with an exchange of 113,647 stock units, Portland JSX lost 79 cents and ended at 52 weeks’ low of $7.01, exchanging 7,642 units, Sagicor Real Estate Fund gained 30 cents to settle at $11.80, exchanging 26,427 shares, Scotia Group traded 71,726 shares and shed $3 to close at $55, Seprod dropped $2.50 trading of 234,387 shares, to close at $30, Sterling Investments rose 30 cents and closed at $5, with 21,174 shares changing hands, Supreme Ventures fell $1.39 to end at $16.95, with an exchange of 60,986 shares and Sygnus Credit Investments gained 44 cents in trading 67,625 units.
Trading in the US dollar market amounted to 44,122 units valued at $8,705 as Proven Investments rose 2 cents and ended trading of 38,222 shares at 22 US cents and Sygnus Credit Investments US dollar based ordinary share traded 5,900 units at 11 US cents. The JSE USD Equities Index closed with a rise of 1.47 to close at 167.68.
Archives for November 2018
SagicorFinancial jumps to new 52 weeks’ high again
Sagicor Financial having jumped $1.05 to close at a at a 52 weeks’ high on the Trinidad & Tobago Stock Exchange on Wednesday it followed up on Thursday by climbing a further $1.20 to a new 52 weeks’ high of $9.25 but with limited trading volume.
NCB Financial was another stock to close at a 52 weeks’ high and ended trading at $7.10 or the equivalent of J$136, well below the close of $160 in Kingston.
At close of the market the Composite Index climbed 8.87 points to 1,255.27. The All T&T Index rose 5.04 points to 1,691.62, while the Cross Listed Index gained 1.75 points to close at 110.39.
Market activity on the Trinidad & Tobago Stock Exchange ended on Thursday with trading in 20 securities against 13 on Wednesday, with 9 advancing, 1 declining and 10 remaining unchanged.
Trading ended with 971,081 shares at a value of $36,439,815, compared to 668,606 shares on Wednesday valued at $17,580,480.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 1 stock with the bid lower than the last selling price and 2 with lower offers.
Stocks closing with gains| Angostura Holdings concluded trading and rose 1 cent and ended at $15.80, with 168,000 stock units changing hands, Clico Investments added 20 cents and ended at $20.20, with 2,452 stock units trading, LJ Williams B share increased 5 cents and settled at 75 cents, after exchanging 230,000 shares, Massy Holdings gained $1 with an exchange 31,185 shares at $45, National Enterprises rose 45 cents and ended at $7.95, with 2,889 stock units changing hands, NCB Financial Group closed with a gain of 10 cents and settled at a 52 weeks’ high of $7.10, after exchanging 1,000 shares, Prestige Holdings gained 15 cents and completed trading at $7.50, with 1,345 units, Sagicor Financial rose $1.2o to end at 52 weeks’ high of $9.25, with 2,222 stock units changing hands and Trinidad & Tobago NGL finished trading with a gain of 1 cent at $29.12, after exchanging 125,510 shares.
Stocks closing with losses| Scotiabank was the sole stock closing lower at the end of trading as the price fell 8 cents and completed trading 91,940 units at $64.66.
Stocks trading firm|Ansa Mcal completed trading with 77,000 units at $55, Ansa Merchant Bank settled at $38.26, after exchanging 38,784 shares, First Citizens closed at $32.76, in exchanging 21,045 shares, Guardian Holdings completed trading 8,773 units at $18.01, JMMB Group concluded trading at $1.70, after exchanging 3,000 shares, One Caribbean Media ended at $10.99, with 1,025 shares changing hands, Republic Financial Holdings concluded trading at $107, after exchanging 80,885 shares, Trinidad Cement closed at $2.62, trading 7,766 shares, Unilever Caribbean ended at $23, with 10 stock units changing hands and West Indian Tobacco completed trading 76,250 units at $95.
Prices of securities trading for the day are those at which the last trade took place.
All Jamaica hits record 433,000 points
The market opened up at the start of trading with gains of 1,433.80 points for the all Jamaica and 1,306.36 for the JSE index.
The opening high follows Wednesday’s trading when the JSE All Jamaican Composite Index closed at a new all-time high of 418,487.99 and JSE Index ended at 381,289.90.
Barita Investments traded at a new high of $24.01 to more than double in value for the year so far, PanJam Investment traded at $72, Sagicor Group at $51.95 haven risen sharply to a record high, but the bid is at $55 to buy 49,301 shares, Scotia Group trades at $60 and Seprod at $33.65.
The junior market continues under some selling pressure is not sharing in the strong gains of the more matured companies and declined by 20.08 points to 3,158.36.
All Jamaica hits record 424,461 points
The main market of the Jamaica Stock Exchange, gained in early trading on Thursday and now trades at a record high of 424,461.33 points after rising 5,973.34 while the JSE index rose 5,442.39 to now sit at 386,732.29 after just 15 minutes into the trading day.
The market opened up at the start of trading with gains of 1,433.80 points for the All Jamaica and 1,306.36 for the JSE Index.
The opening high follows Wednesday’s trading when the JSE All Jamaican Composite Index closed at a new all-time high of 418,487.99 and JSE Index ended at 381,289.90.
Barita Investments traded at a new high of $24 to more than double for the year so far, NCB Financial now traded up to$150 and Sagicor Group at $47.
The Junior Market continues under some selling pressure is not sharing in the strong gains of the more matured companies and declined by less than a point to 3,177.54.
Since posting the stroy the main market has moved higher with Sagicor Group trading at $51.95.