Feature Stories — Page 269

More Junior Market stocks rose

September 18, 2019 by IC Insider.com

The Junior Market of the Jamaica Stock Exchange closed on Wednesday with a slight dip in the market Index of 3.64 points to close at 3,444.70 as more stocks rose than declined.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading was negative and pointing to the possibility of more declines as 5 stocks ended with bids higher than their last selling prices and 4 closing with lower offers.
At the close of market activities, the prices of 11 securities advanced, 7 declined and 9 remained unchanged with 27 securities changing hands, compared to 30 on Monday and resulting in an exchange of 53,025,384 units valued at $252,714,577 compared to 2,481,939 units valued at $10,695,407 on Tuesday.
Trading ended with an average of 1,963,903 units for an average of $9,359,799 in contrast to 82,731 units for an average of $356,514 on Tuesday. The average volume and value for the month to date amounts to units 1,421,017 valued at $3,530,472 and previously 1,502,456 units for $3,331,836. August ended with an average of 232,398 units valued at $1,072,851 for each traded security.
Stocks closing with price changes| AMG Packaging ended market activity exchanging 471,175 shares to close at $1.80 after falling 20 cents, Caribbean Producers climbed 5 cents after investors exchanged 51,245,360 shares to close at $4.80, Derrimon Trading climbed 8 cents and exchanged 12,870 shares at $2.55. Elite Diagnostic climbed 24 cents and exchanged 25,332 shares at $5.70, Everything Fresh lost 3 cents in trading 71,727 shares to close at $1.26, Express Catering fell 50 cents in trading of 18,368 units at $6. Fontana closed 35 cents higher at $8.10, with 227,440 stock units trading, General Accident climbed 85 cents and exchanged 108,732 shares at $6.40 but only after it traded at an intraday high of $7.20. Honey Bun ended trading with 10,317 shares, after rising 18 cents to end at $5.99, Indies Pharma climbed 8 cents and exchanged 28,817 shares at $3.45, Iron Rock Insurance added 5 cents in exchanging 76,090 shares at $4. Limners and Bards ended with a loss of 1 cent at $2.95 with 166,362 stock units changing hands, Lasco Distributors dipped 19 cents in trading 174,577 units at $3.30, Lasco Financial closed trading of 11,430 units and gained 50 cents to end at $5. Lasco Manufacturing ended trading with 18,696 shares, after rising 16 cents to end at $5.46, Main Event declined by $1.38 to settle at $5.57, Stationery and Office Supplies closed trading of 58,500 units and gained 45 cents to end at $11.50 and tTech fell 30 cents in trading of 20,111 units at $5.60.

Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: AMG Packaging, Best performing stock market, Blue Power, Cargo Handlers, Caribbean Producers, Daily Trading, Derrimon Trading, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, General Accident, GWest, Honey Bun, Indies Pharma, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Main Event, Stationery and Office, Trading Activity, tTech

JSE main market down again

September 17, 2019 by IC Insider.com

The Jamaica Stock Exchange ended with 18 rising, 12 with losses and 4 traded firm as a total of 34 securities traded on Tuesday compared to 33 trading on Monday.
The market closed with the JSE All Jamaican Composite Index declining 1,054.51 points to end at 564,115.52, the JSE Index dropped 1,119.61 points to 513,440.26 and the JSE Financial Index lost 0.46 points to close at 140.14.
Market activity ended with 39,479,470 units valued at $797,391,912, in contrast to 86,270,254 units valued at $128,945,815 on Monday.
Wigton Windfarm led trading with over 20 million shares for 52 percent of total volume, followed by Caribbean Cement with 5 million units accounting for 13 percent of the day’s trade and Sagicor Select Fund with over 4 million shares for 11 percent of the main market’s volume.
The Market closed with an average of 1,161,161 units valued at an average of $23,452,703 for each security traded. In contrast to 2,875,675 units for an average of $4,298,194 on Monday. The average volume and value for the month to date amounts to 919,467 units valued at $7,873,621 and previously an average of 899,570 shares for $6,472,327 for each security traded. The market closed out August with an average of 1,743,431 units valued at $9,907,963 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 10 stocks ended with bids higher than their last selling prices and 3 with lower offers.
In main market activity, Barita Investments gained 80 cents to settle at $74 with 25,856 shares changing hands, Caribbean Cement slipped $3.19 to end at $76.81 with 5,007,970 stock units trading. Eppley Caribbean Property Fund dropped $1.90 to end at an all-time low of $38 while trading 1,610 shares, Jamaica Broilers lost $1.55 to settle at $32.45 with 1,000,993 shares changing hands, Jamaica Stock Exchange declined by $1 to end at $26, trading 25,902 shares. JMMB Group gained 80 cents to settle at $48 with 10,426 shares changing hands. Kingston Wharves lost $1.99 to end at $62.01, in trading 4,138 shares, Mayberry Jamaican Equities lost $1 to end at $11.50, trading 3,000 shares, NCB Financial rose $4 to end at $213, with an exchange of 532,498 stock units, Panjam Investment rose 98 cents in trading of 12,485 units to close at $101.98. Sagicor Group added 49 cents to settle at $71.50 with 37,183 shares changing hands, Scotia Group fell 49 cents to close at $57 with an exchange of 23,164 shares, Seprod lost $2.50 to settle at $54 with 34,752 shares changing hands and Wisynco Group gained 50 cents in trading 133,235 shares at $25.
Trading in the US dollar market ended with 6,994 units valued at US$1,430 as Proven Investments traded 4,742 units at 26 US cents followed by Sterling Investments gained 1.6 US cents to close at 3.8 US cents and Margaritaville closed 3 US cents higher to settle at 52 weeks’ high of 28 US cents. The JSE USD Equities Index gained 4.82 points to close at 199.27.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Barita Investments, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Eppley Caribbean Property Fund, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Kingston Properties, Kingston Wharves, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Portland JSX, Productive Business Solution, Proven Investments, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Junior Market takes another hit

September 17, 2019 by IC Insider.com

Junior Market stock trading.

The Junior Market of the Jamaica Stock Exchange closed on Tuesday with a sharp drop in the market Index by 42.90 points to close at 3,448.34 as declining stocks edged out advancers by more than 2 to 1.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading was negative and pointing to the possibility of more declines as 4 stocks ended with bids higher than their last selling prices and 8 closing with lower offers.
At the close of market activities, the prices of 7 securities advanced, 17 declined and 6 remained unchanged with 30 securities changing hands, compared to 29 on Monday and resulting in an exchange of 2,481,939 units valued at $10,695,407 compared to 1,582,639 units valued at $10,125,399 on Monday.
Some of the selling may be due to some investors seeking funds to buy into either the Barita Investments rights issue or the QWI Investments IPO. Both issues will close this week and help ease some selling pressure.
Trading ended with an average of 82,731 units for an average of $356,514 in contrast to 54,574 units for an average of $349,152 on Monday. The average volume and value for the month to date amounts to units 1,378,282 valued at $3,071,604 and previously 1,502,456 units for $3,331,836. August ended with an average of 232,398 units valued at $1,072,851 for each traded security.
Stocks closing with price changes| Blue Power climbed $1.10 to settle at $9.50 with 6,930 shares changing hands, CAC 2000 lost $1.90 cents in trading 680 shares to close at $13.10, Caribbean Producers lost 5 cents in trading of 61,510 units at $4.75, Caribbean Cream traded 52,960 shares, after rising 90 cents to end at $5.25. Dolphin Cove lost 75 cents in trading a mere 103 shares to close at $11, Everything Fresh closed trading of 242,140 units and gained 4 cents to end at $1.29, Elite Diagnostic shed 9 cents trading of 111,207 units at $5.46, Fontana ended trading 98,204 shares, after rising 24 cents to end at $7.75. General Accident declined 79 cents in trading of 475,434 units at $5.55 after the price rose to $6.40 following the announcement of the acquisition of 55 percent interest in the Trinidad based general insurance company, Motor One Insurance. GWest Corporation closed with a loss of 15 cents at $1.05, in swapping of 45,274, shares, Honey Bun declined 19 cents in trading 54,375 units at $5.81, iCreate declined 2 cents in trading 172,657 units at 77 cents, Indies Pharma traded 26,887 shares for 6 cents lower to settle at $3.37. Iron Rock Insurance exchanged 3,000 shares after rising 59 cents to end at $3.95, Jamaican Teas declined by 30 cents to settle at $6 in trading 362,394 shares, Knutsford Express fell 10 cents in trading of 5,641 units at $10.90, Key Insurance lost 20 cents in trading 100 shares to close at a 52 weeks’ low of $2.80. Limners and Bards lost 4 cents trading 165,769 units at $2.96, Lasco Distributors ended with a loss of 1 cent at $3.49 with 54,665 stock units changing hands, Lasco Financial dipped 50 cents in trading of 212,070 units to end at $4.50. Lasco Manufacturing dipped 21 cents in exchanging 25,049 units at $5.30, Main Event closed 95 cents higher at $6.95, with 1,000 stock units trading, Stationery and Office Supplies declined by $1.95 to settle at $11.05 but with 7,594 shares being traded and tTech closed trading of 355 units and gaining 89 cents to end at $5.90.

Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Barita Investments, Best performing stock market, Blue Power, CAC2000, Caribbean Producers, Daily Trading, Derrimon Trading, Dolphin Cove, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, General Accident, GWest, Honey Bun, iCreate, Indies Pharma, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Main Event, Medical Disposables, Motor One Insurance, Stationery and Office, Trading Activity, tTech

JSE main market inched higher – Monday

September 16, 2019 by IC Insider.com

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The Jamaica Stock Exchange ended trading on Monday with the All Jamaican Composite Index rising 416.43 points to close at 565,170.03, the JSE Index rose 377.32 points to 514,559.87 and the JSE Financial Index inched 0.37 points to 140.60.
At the close of trading, 7 securities advanced, 12 declined and 14 traded firm as a total of 33 securities in the main and US dollar markets compared to 32 on Friday. Market activity ended with 86,270,254 units valued at $128,945,815, in contrast to 23,486,112 units at $198,066,208 on Friday.
Wigton Windfarm led trading with 80 million shares for 93 percent of total volume, followed Sagicor Select Fund with 4.6 million units accounting for 5 percent of the day’s trade and Supreme Ventures with 296,337 shares for less than 1 percent of the main market’s volume.
The Market closed with an average of 2,875,675 units valued at an average of $4,298,194 for each security traded. In contrast to 671,032 units for an average of $5,659,034 on Friday. The average volume and value for the month to date amounts to 899,570 units valued at $6,472,327 and previously 744,783 units valued at $6,659,753 for each security traded. The market closed out August with an average of 1,743,431 units valued at $9,907,963 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and 3 with lower offers.
In main market activity, Caribbean Cement lost $3 to end at $80 with 6,658 stock units trading. Carreras lost 25 cents to close at $8.25 with 50,107 changing hands, Jamaica Stock Exchange gained $1.50 to end at $27, trading 2,300 shares. JMMB Group lost $1.70 to settle at $47.20 with 19,065 shares changing hands. Mayberry Jamaican Equities gained 50 cents to end at $12.50, after trading 1,200 shares, NCB Financial dropped $4 to end at $209, with an exchange of 28,586 stock units. Seprod gained $3 to settle at $56.50 with 112,050 shares changing hands, Sygnus Credit Investments declined $2 in trading 13,779 shares at $23 and Wisynco Group closed trading of 101,447 units and gained $1.50 to end at $24.50.
Trading in the US dollar market ended with 5,850 units valued at US$1,736. Proven Investments traded 3,600 units and gained 1 cent to end at 26 US cents followed by Sygnus Credit Investments with 2,000 units changing hands at 15 US cents and JMMB Group 5.5% preference shares with 250 units to settle at US$2. The JSE USD Equities Index gained 3.74 points to close at 194.45.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Barita Investments, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Kingston Wharves, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Proven Investments, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Junior Market index enjoys recovery

September 16, 2019 by IC Insider.com

Junior Market stock trading.

The Junior Market Index advanced 30.36 points to close at 3,491.24 on Monday as 29 securities changing hands up from 24 on Friday as the prices of 9 advanced, 14 declined and 6 remained unchanged.
At the close, investors exchanged 1,582,639 units valued at $10,125,399 compared to 1,829,747 units valued at $8,214,344 on Friday.
Trading ended with an average of 54,574 units for an average of $349,152 in contrast to 76,239 units for an average of $342,264 on Friday. The average volume and value for the month to date amounts to 1,503,456 units valued at $3,331,836 and previously 1,650,303 units valued at $3,636,406 for each security traded. In contrast, August ended with an average of 232,398 units valued at $1,072,851 for each traded security.
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 5 closing with lower offers.
Stocks closing with price changes| Blue Power closed with a loss of 60 cents at $8.40, in swapping 2,848 shares, Cargo Handlers closed trading of 200 units and gained 6 cents to end at $9.51, Caribbean Producers exchanged 135,057 units and gained 5 cents to end at $4.80. Consolidated Bakeries dipped 5 cents in trading of 5,000 units and closed at $1.65, Derrimon Trading declined 7 cents with 77,557 units changing hands at $2.47, Everything Fresh slipped 6 cents in trading 12,100 units at $1.25, Elite Diagnostic climbed 10 cents and exchanged 16,800 shares at $5.55. Fosrich lost 30 cents to settle at $5 with 105,279 changing hands, Fontana shed 49 cents in trading of 180,371 units at $7.51, General Accident closed trading of 8,178 units and gained 34 cents to end at $6.34, GWest Corporation exchanged 200 units and gained 5 cents to end at $1.20. Honey Bun ended trading with 5,600 shares, after rising 49 cents to close at $6, iCreate ended with a loss of 1 cent at 79 cents with 18,042 stock units changing hands, Indies Pharma closed 3 cents higher at $3.43, with trading of 82,106 stock units, Jamaican Teas lost 20 cents in closing at $6.30, in swapping of 100,462 shares. Key Insurance lost 25 cents in trading 200 shares to close at $3, Limners and Bards ended with a loss of 1 cent at $3 with 349,292 stock units changing hands, Lasco Distributors slipped 1 cent to $3.50 with the trading of 43,257 stock units. Lasco Financial ended market activity exchanging 14,665 shares to close at $5 after falling 40 cents, Lasco Manufacturing ended with a loss of 1 cent at $5.51 with 19,300 stock units changing hands, Medical Disposables climbed $2.40 to settle at $8 with a mere 100 shares trading. Main Event closed with a loss of 50 cents at $6, the swapping of 8,761 shares and Stationery and Office Supplies ended trading with 355,751 shares, after rising 17 cents to end at $13.
Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: AMG Packaging, Best performing stock market, Blue Power, Cargo Handlers, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, General Accident, GWest, Honey Bun, iCreate, Indies Pharma, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Main Event, Medical Disposables, Stationery and Office, Trading Activity

JSE main market index rise – Friday

September 13, 2019 by IC Insider.com

The Jamaica Stock Exchange ended trading on Friday with the JSE All Jamaican Composite Index rising 1,052.67 points to 564,753.60 even as declining stocks exceeded those rising.
The JSE Index climbed 890.78 points to 514,182.55 and the JSE Financial Index gained 0.24 points to close at 140.23. At the close of trading, 9 advanced, 13 declined and 14 traded firm as 36 securities in the main and US market compared to 37 on Thursday. Trading in the main market ended with 23,486,112 units valued at $198,066,208, in contrast to 18,740,935 units valued at over $117,219,686 on Thursday.
Wigton Windfarm led trading with 11.6 million shares for 49 percent of total volume, followed Sagicor Select Fund with 9 million units accounting for 39 percent of the day’s trade and NCB Financial Group with 553,993 shares for 2 percent of the main market’s volume.
The Market closed with an average of 671,032 units valued at an average of $5,659,034 for each security traded. In contrast to 506,512 units for an average of $3,168,100 on Thursday. The average volume and value for the month to date amounts to 744,783 units valued at $6,659,753 and units previously 752,201 units valued at $6,771,654 for each security traded. The market closed out August with an average of 1,743,431 units valued at $9,907,963 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 10 stocks ended with bids higher than their last selling prices and 5 with lower offers.
In main market activity, Barita Investments lost $1 to settle at $74 with 25,856 shares changing hands, with 260 stock units trading, Berger Paints declined 40 cents to end at $18.05, in trading 6,363 shares, hands, Caribbean Cement gained $5.50 to end at $83 with 4,589 stock units trading. Eppley Caribbean Property Fund dropped $5.09 to end at an all-time low of $39.90 while trading 208 shares, Jamaica Producers lost 54 cents to settle at $23.51 with 9,190 shares changing hands, Jamaica Stock Exchange gained 94 cents to end at $25.50, trading 123,004 shares. JMMB Group gained 90 cents to settle at $48.90 with 364,022 shares changing hands. Mayberry Investments lost 49 cents to end at $8.81 with 185,343 stock units trading, Mayberry Jamaican Equities shed 48 cents to end at $12, trading 21,617 shares, MPC Caribbean Energy gained $22.66 to end at all-time high of $153.06, in trading 520 shares, NCB Financial rose $4 to end at $213, with an exchange of 553,993 stock units. Sagicor Group fell $1.49 to settle at $71.01 with 6,406 shares changing hands, Salada Foods fell 50 cents to close at $32 with an exchange of 3,571 shares, Seprod lost 50 cents to settle at $54 with 64,415 shares changing hands and Sygnus Credit Investments rose $1 in trading 214,718 shares at $25.
The JSE USD Equities Index closed at 190.71 as Sygnus Credit Investments was the only stock trading in the market with 190,000 units valued at US$28,500 to close at 15 US cents.

Junior Market down but set to rise

September 13, 2019 by IC Insider.com

The Junior Market Index slipped on Friday but IC bid-offer Indicator with a reading of 10 to 2 points to a positive opening for the market on Monday.
Trading ended with 24 securities changing hands up from 26 on Thursday and closing with prices of 10 securities advancing, 12 declining and 2 remaining unchanged. The Junior Market Index declined by 22.10 points to 3,460.88 as investors exchanged 1,829,747 units valued at $8,214,344 compared to 2,691,652 shares valued at $16,496,762 on Thursday.
Trading ended with an average of 76,239 units at $342,264 for each security traded, in contrast to 246,113 units for an average of $1,216,423 on Thursday. The average volume and value for the month to date amounts to 1,650,303 units valued at $3,636,406 and previously 1,795,602 units valued at $3,940,480 for each security traded. In contrast, August ended with an average of 232,398 units valued at $1,072,851 for each traded security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 10 stocks ended with bids higher than their last selling prices and 2 closing with lower offers.
Stocks closing with price changes| AMG Packaging declined by 2 cents to settle at $2 after trading 5,526 shares, Blue Power closed trading of 62,700 units with gain of 15 cents to end at $9, CAC 2000 climbed $1.90 to settle at $15 with 30,130 shares changing hands, Caribbean Producers lost 3 cents in trading 33,760 units at $4.75. Consolidated Bakeries ended with a loss of 1 cent at $1.70 with 168,400 stock units changing hands, Derrimon Trading closed trading of 400,200 units resulting in a gain of 7 cents to end at $2.54, Everything Fresh ended with a loss of 1 cent at $1.31 with 191,210 stock units. Elite Diagnostic ended trading with 23,041 shares, after rising 3 cents to end at $5.45, Fosrich lost 4 cents in trading 42,392 shares to close at 5.30 cents, Fontana closed 15 cents higher at $8, with 191,870 stock units crossing the exchange. General Accident lost 35 cents at $6, in swapping of 100 shares, Honey Bun dipped 89 cents in trading 8,000 units at $5.51, Indies Pharma traded 51,075 units and gained 11 cents to end at $3.40, Iron Rock Insurance lost 57 cents in trading of 7,700 units at $3.36, ISP Finance lost 2 cents in trading 200 units at $25. Jamaican Teas shed 49 cents in exchanging 278,205 units at $6.50, Jetcon Corporation dipped 10 cents in trading of 40,000 units at $1.80, Limners and Bards lost 4 cents with 55,005 shares changing hands to close at $3.01, Lasco Distributors traded 27,450 units and gained 1 cent to end at $3.51. Lasco Financial climbed 40 cents and exchanged 39,675 shares at $5.40, Lasco Manufacturing climbed 2 cents trading 89,900 shares at $5.52 and Stationery and Office Supplies closed 33 cents higher at $12.83, with 10,150 stock units changing hands.

Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: AMG Packaging, Best performing stock market, Blue Power, CAC2000, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, General Accident, Honey Bun, iCreate, Indies Pharma, ISP Finance, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Paramount Trading, Stationery and Office, Trading Activity

More declines for JSE main market – Thursday

September 12, 2019 by IC Insider.com

The Jamaica Stock Exchange ended trading on Thursday with The JSE All Jamaican Composite Index dropping 4,474.99 points to end at 563,700.93, the JSE Index declined by 3,932.73 points to 513,291.77.
The JSE Financial Index fell 1.84 points to close at 139.99. At the close of trading, 17 advanced, 15 declined and 5 traded firm as a total of 39 securities traded in the main and US markets compared to 36 securities trading on Wednesday. Market activity ended with 18,740,935 units valued at over $117,219,686, in contrast to 50,725,660 units valued at $109,446,038 on Wednesday.
Sagicor Select Fund led trading with 11.8 million shares for 63 percent of total volume, followed Wigton Windfarm with 3 million units accounting for 16 percent of the day’s trade and JMMB Group 7.50% preference share with 1 million shares for 5 percent of the main market’s volume.
The Market closed with an average of 506,512 units valued at an average of $3,168,100 for each security traded. In contrast to 1,449,305 units for an average of $3,127,030 on Wednesday. The average volume and value for the month to date amounts to 752,201 units valued at $6,771,654 and previously 781,431 units valued at an average of $7,254,739.
The market closed out August with an average of 1,743,431 units valued at $9,907,963 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 2 stocks ended with bids higher than their last selling prices and 13 with lower offers.
In main market activity, Caribbean Cement declined by $1.50 to settle at $77.50 with 34,432 shares changing hands, Eppley Caribbean Property traded 200 shares after rising $1.99 to close at a low of $44.99, Jamaica Stock Exchange lost $1.44 to settle at $24.56 with 584,070 shares changing hands. JMMB Group shed $1.45 to settle at $48 with an exchange of 68,148 units, Kingston Wharves gained 99 cents to end at $64, trading 3,470 shares, Mayberry Jamaican Equities gained 48 cents to end at $12.48, trading 100 shares. MPC Caribbean Energy gained $22.66 to end at $153.06, trading 520 shares, NCB Financial slipped $3.05 to end at $209, with an exchange of 65,205 stock units, Panjam Investment fell 40 cents to settle at $101 with 188,107 shares changing hands. Pulse Investments added 70 cents to close at $3.60 with an exchange of 197,642 shares, Scotia Group exchanged 236,649 shares after rising by 80 cents to end at $57.30, Seprod climbed $2.75 to settle at $54 with 64,415 shares changing hands, Sygnus Credit Investments rose $2 in trading 68,673 shares at $24 and Wisynco traded 383,221 shares and rose $1 to close at $23.
Traded in the US dollar market ended with 9,585 units valued at $9,015 trading and ended with JMMB Group 6% preference share with a gain of 1 cent to end at US$1.01 trading 8,615 shares and Proven Investments trading 970 shares rose to settle at 25 US cents. The JSE USD Equities Index declined by 3.74 points to close at 190.71.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Barita Investments, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Eppley Caribbean Property Fund, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Kingston Properties, Kingston Wharves, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Proven Investments, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Junior Market makes some recovery – Thursday

September 12, 2019 by IC Insider.com

The Junior Market Index made a partial recovery on Thursday from the big 73 points fall on Wednesday and rose 41.16 points to close at 3,482.98 but with an equal number of stocks rising and falling.
The market ended trading with 26 securities changing hands and leading to the prices of 10 securities advancing, 10 falling and 6 remaining unchanged. Investors exchanged 2,691,652 shares valued at $16,496,762 compared to 2,931,663 units valued at $14,603,294 trading from 31 securities on Wednesday.
Trading ended with an average of 246,113 units for an average of $1,216,423 in contrast to 86,827 units for an average of $532,154 on Wednesday. The average volume and value for the month to date amounts to 1,795,602 units valued at $3,940,480 and previously 1,967,767 units valued at $4,243,153 for each security traded. In contrast, August ended with an average of 232,398 units valued at $1,072,851 for each traded security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ended with bids higher than their last selling prices and 2 closing with lower offers.
Stocks closing with price changes| CAC 2000 dropped $1.40 in exchanging 120 shares to close at $13.10, Caribbean Producers lost 2 cents trading 238,262 units to finish at $4.78, Consolidated Bakeries lost 27 cents in trading 85,000 shares to close at $1.71, Derrimon Trading declined by 3 cents to settle at $2.47 with 163,871 units changing hands. Everything Fresh dipped 13 cents in trading of 12,180 units and ended at $1.32, Elite Diagnostic closed 12 cents higher at $5.42, with 86,431 stock units trading. Fosrich traded 52,668 units and gained 39 cents to end at $5.34, Fontana closed with 88,657 units trading and gained 25 cents to end at $7.85, General Accident exchanged 55,088 shares, after rising 72 cents to end at $6.35, GWest Corporation lost 10 cents in trading 101,929 shares to close at $1.15. Honey Bun climbed 80 cents and exchanged 18,200 shares to finish at $6.40, Indies Pharma dipped 21 cents in trading of 90,939 units at $3.29, Iron Rock Insurance climbed 45 cents and exchanged 42,300 shares at $3.93, Jamaican Teas dropped 98 cents in trading of 485,457 units to close at $6.99. Jetcon Corporation lost 25 cents in trading of 48,000 units at $1.90, Limners and Bards ended trading with 228,456 shares, after rising 8 cents to end at $3.05, Lasco Distributors climbed 35 cents and exchanged 1,154,277 shares at $3.50. Lasco Financial shed 28 cents in trading of 17,720 units at $5, Lasco Manufacturing closed trading of 1,855,600 units and gained 39 cents to end at $5.50 and tTech gained 1 cent to end at $5.01, in trading 10,956 shares.

Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Best performing stock market, Blue Power, CAC2000, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, General Accident, GWest, Honey Bun, iCreate, Indies Pharma, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Main Event, Stationery and Office, Trading Activity, tTech

Near 50% of TTSE stocks rose – Thursday

September 12, 2019 by IC Insider.com

Trading on the Trinidad & Tobago Stock Exchange resulted in a near 50 percent dominance of stocks gaining at the close of trading on Thursday but on sharply reduced trading volumes.
At the close, 15 securities changed hands against 14 on Wednesday and ended with 7 advancing, 2 declining and 6 remaining unchanged and leading to 141,949 shares valued $1,220,367 crossing the exchange compared to 231,149 shares valued $4,007,898 on Wednesday.
At the close of the market, the Composite Index increased 2.06 points to 1,390.62. The All T&T Index rose 1.37 points to 1,747.92, while the Cross Listed Index gained 0.38 points to close at 140.01.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with 5 stocks closing with the bids higher than the last selling prices and one with a lower offer.
Gains| Guardian Holdings ended trading with a rise of 9 cents at $18.10, with 1,551 units crossing the exchange, Massy Holdings added 45 cents and ended at $54.45, after exchanging 175 shares, National Enterprises increased 20 cents and settled at $5.90, in trading 2,046 stock units. NCB Financial closed with a gain of 5 cents at $10.40, after 30,474 shares changed hands, Republic Financial gained 46 cents and completed trading at $121.75, with 1,611 units crossing the exchange, Trinidad Cement gained 1 cent and settled at $2.11, in swapping 55,202 units and Trinidad & Tobago NGL traded 3,212 units and gained 47 cents to close at $25.
Losses| First Citizens Bank shares fell 29 cents and settled at $40.10, with 3,860 units crossing the exchange and Sagicor Financial closed with a loss of 5 cents and settled at $10.15, after exchanging 950 shares.
Firm Trades| Angostura Holdings ended at $16.05, with 400 stock units changing hands, Clico Investment Fund concluded at $24.15, with 1,874 stock units trading, JMMB Group ended at $2.25, with 21,384 units crossing the exchange. National Flour closed at $1.68, in trading 10,000 units, Prestige Holdings ended at $8.10, with 7,092 units and Scotiabank ended at $58.34 after trading 2,118 units.