Junior Market slips on Thursday

Trading on the Junior Market fell below normal levels on Thursday with 820,866 units valued at $4,017,595, and comparing favourably with the 709,260 units valued at $4,202,977 passing through the market on Wednesday.
Trading ended with 16 securities versus 21 on Wednesday leading just 5 stocks rising and 7 declining, with the market index declining 11.07 points to end at 3,183.36.
The market closed with 3 stocks having bids higher than their last sale prices and 2 closed with lower offers.
The Junior Market ended trading with an average of 51,304 units for an average value of $251,100 compared to 33,774 units for an average value of $478,260 on the previous trading day. The average volume and value for the month to date rose to 486,049 units valued at $2,125,360 compared with 515,032 units valued at $2,250,311, previously, in contrast, May closed with averages of just 89,339 units at $596,722.
At the close of the market, stocks trading and their last traded price are: AMG Packaging at $4.15 with 70,383 units changing hands, Caribbean Cream lost 12 cents in trading 39,000 units to end at $7.40, Caribbean Flavours fell $1.75 in trading 3,431 units to end at $11, Caribbean Producers gained 15 cents in trading 10,350 units to end at $3.40. Derrimon Trading had 8,920 units changing hands to close 2 cents higher at $8.60, General Accident had 1,386 units changing hands to close at $2.70 after slipping by 9 cents. Honey Bun had 3,535 shares changing hands to close with 11 cents gain at $6.11, Jamaican Teas traded 630,389 shares but lost 12 cents to end at $4.75, Knutsford Express traded 19,543 shares but fell 30 cents to end at $16, Lasco Distributors ended at $7, trading 10,950 units, Lasco Financial fell 4 cents with 6,900 shares changing hands to end at $3.81, Lasco Manufacturing ended with 6,428 shares trading and closed at $4.70 after falling 27 cents. Main Event gained 45 cents and ended trading 4,153 shares at $6.45, Medical Disposables rose 28 cents and ended at $6 with 250 units trading, tTech ended with 2,000 units changing hands to end at $8 and Eppley 10% preference share ended with 3,248 units changing hands to close at $6.60.

 

TTSE rise with more dip than rise

Trading levels on the Trinidad & Tobago Stock Exchange on Thursday fell sharply despite 11 securities changing hands compared to 10 on Wednesday as just 78,795 shares traded at a value of $1,350,632 compared to Wednesday with 195,938 valued at $9,062,326.
At the close, 2 stocks advanced, 4 declined and 5 were unchanged as the two main indices rose. The Composite Index gained 0.82 points to 1,211.36, the All T&T Index advanced 1.63 points to 1,790.66 and the Cross Listed Index closed unchanged at 84.71.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Agostini’s traded $1.49 higher to close at a 52 weeks’ high of $20, with an exchange of just 100 shares and NCB Financial Group gained 1 cent, closing at $4.01, with 50,000 units trading
Losses| Clico Investment lost 1 cent to close at $22.50 exchanging 1,800 shares, Guardian Holdings closed at $16.20, losing 5 cents with 10,000 shares changing hands, Trinidad & Tobago NGL closed at $21.25, with a loss of 8 cents trading 4,350 units and Unilever Caribbean traded 60 cents lower to close at $52, with an exchange of 5,000 units.
Firm Trades| Angostura Holdings exchanged 2,000 shares at $15.01, First Citizens remained at $31.65, with 435 shares traded and JMMB Group closed at $1.26, with 40 shares trading. Republic Financial Holdings held firm at $101.90, with 3,734 shares changing owners at a value of $380,495 and West Indian Tobacco closed at $126.35 exchanging 1,336 units.

JSE gains more than 1000 points Wednesday

Palace jumped $50 to $390 on Wednesday.

Trading in the main market of the Jamaica Stock Exchange closed on Wednesday with a number of stocks rising even as trading values declined when compared to the prior day and the market indices trended lower. The All Jamaica Composite Index gained 1,244.46 points to close at 259,440.27, the JSE Market Index rose 1,133.84 points to 236,379.46 and the JSE US dollar market index lost 12.35 points to close at 188.10.
At the close of trading, 26 securities changed hands in the main market and 2 traded in the US dollar market, leading to 14 stocks advancing and 6 declining. Trading in the main market ended with 2,290,612 units valued at $72,785,626 changing hands compared to 3,513,896 units valued at $221,929,673 at the close on Tuesday. Trading in the US dollar market accounted for 197,172 units valued at US$48,999.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 3 stocks with bids higher than their last selling prices and 3 with lower offers.

The main market ended trading with an average of 88,100 units valued at a mere $2,799,447 for every security traded compared to an average of 140,556 units valued at $8,877,187 on Tuesday. The average volume and value for the month to date ended at 194,786 units with an average value of $4,462,018 compared with an average of 202,407 units with an average value of $4,580,773 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Barita Investments traded 300 shares at $7, Berger Paints closed at $16, with a loss of $1.50 exchanging 16,449 shares, Cable and Wireless closed at $1.15, with 154,414 stock units trading, Caribbean Cement gained 60 cents to close at $27.50 trading 36,750 shares, Carreras closed at $86.70, with an exchange of 16,052 units, Grace Kennedy gained 30 cents and closed at $41.30, with 86,113 units changing hands, Jamaica Broilers closed at $17.90, with a loss of 10 cents trading 136,061 shares, Jamaica Producers traded 15 cents higher to close at $16, with an exchange of 6,000 units. Jamaica Stock Exchange gained 5 cents, closing at $6.95 trading 21,204 shares, JMMB Group closed at $20, after gaining 50 cents with 69,565 units changing owners, Kingston Properties closed at $10.25 with 384 units trading, Kingston Wharves traded $1.72 higher to close at $29.50, with an exchange of 1,798 shares. Mayberry Investments closed at $5.20, with gains of 70 cents trading 10,000 shares, NCB Financial Group closed at $71.50, losing 50 cents after exchanging 167,790 shares, 1834 Investments closed at $1.50, with 35,444 units changing hands, 138 Student Living gained 2 cents to close at $4.50, with 10,000 units, Palace Amusement jumped $50 and closed at a new all-time high of $390, trading 200 units, PanJam Investment exchanged 58,141 shares to gain 1 cent and end at $34. Pulse Investments traded 50 cents higher to close at $17.50, with an exchange of 4,756 shares, Radio Jamaica exchanged 85,169 shares at $1.60,Sagicor Group closed at $34.50, gaining 30 cents, trading 717,539 shares. Scotia Group closed at $42.53, after losing $1.02 in exchanging 510,077 shares, Scotia Investments closed at $37 with 22,356 units changing hands while Supreme Ventures gained 45 cents and closed at $7.45, with 111,000 shares trading. Proven Investments closed at 24 US cents, with a loss of 0.02 US cents, trading 183,292 ordinary shares, Margaritaville Turks lost 0.01 US cent to close at 34 US cents exchanging 13,900 units, JMMB 7.5% preference share lost 10 cents to close at $1.90, with 7,850 units changing hands and Proven 8.25% preference share gained 20 cents, closing at $5.40, with 5,200 units traded.

Junior Market bounces on Wednesday

Jetcon jumped $3.57 on Wednesday to close at $19.17.

Trading on the Junior Market fell below normal levels on Wednesday with 709,260 units valued at $4,202,977, down from 2,845,419 units valued at $10,795,016, passing through the market, on Tuesday. The market closed with two stocks jumping to new 52 weeks’ high.
Jetcon Corporation closed at $19.17 ahead the 3 for 1 stock split taking effect on the exchange on Thursday and Derrimon Trading preference share, ended at a 52 weeks’ high of $2.50.
Trading ended with 21 securities versus 14 on Tuesday leading 11 stocks rising and 4 declining, with the market index gaining 38.37 points to end at 3,194.93.
The market closed with 2 stocks having bids higher than their last sale prices and 2 closed with lower offers.
The Junior Market ended trading with an average of 33,774 units for an average value of $478,260 compared to 203,244 units for an average value of $771,073 on the previous trading day. The average volume and value for the month to date rose to 515,032 units valued at $2,250,311 compared with 549,408 units valued at $2,376,886, previously, in contrast, May closed with averages of just 89,339 units at $596,722.
At the close of the market, stocks trading with their last traded price are: AMG Packaging closed at $4.15 with 1,200 units changing hands, Blue Power climbed $5 to close at $55 with 184 units changing hands, Cargo Handlers ended trading 9,329 shares at $16, Caribbean Cream rose 7 cents in trading 210,000 units to end at $7.52, Caribbean Producers gained 20 cents in trading 1,000 units to end at $3.25. C2W Music had 14,000 units changing hands to close at 45 cents, Dolphin Cove had 2,300 units changing hands to close at $19.10 after rising by $1. Honey Bun had 4,183 shares changing hands to close with 12 cents loss to $6, Jamaican Teas traded 29,188 shares and rose 57 cents to end at $4.87, Jetcon Corporation sharply by $3.57 to end at a 52 weeks’ close of $19.17 with 24,620 shares trading, ahead of the stock starting to trade with a 3 for 1 split on Thursday. Key Insurance traded 11,651 units to close at $3.05, KLE Group traded 12,000 units to close at $2.50, Knutsford Express traded 24,717 shares to end at $16.30, with a rise of 30 cents, Lasco Distributors ended at $7, trading 1,000 units, Lasco Financial had 91,678 shares changing hands to end at $3.85, Lasco Manufacturing ended with 1,900 shares trading and closed at $4.97 after rising 42 cents. Main Event gained 12 cents and ended trading 31,720 shares at $6, Medical Disposables lost 28 cents and ended at $5.72 with 200 units trading, Paramount Trading lost 17 cents and ended with 163,480 shares changing hands at $2.85, tTech ended with 24,910 units changing hands after falling $1 to end at $8 and Derrimon Trading preference share ended with 50,000 units changing hands to close at a 52 weeks’ high of $2.50

 

Republic takes 68% of trading

Republic Financial Holdings took the largest value of trading on Wednesday on the TTSE.

The Trinidad & Tobago Stock Exchange resumed trading on Wednesday after being closed on Monday and Tuesday with trading values rising above Friday’s levels. Trading closed with Republic Financial Holdings as the dominant trade with just over 68 percent of the total value traded.
The market closed with of 10 securities changing hands compared to 13 on Friday with 2 stocks advancing, 5 declining and 3 holding firm as 195,938 shares traded at a value of $9,062,326 compared to Friday’s trades of 143,801 valued at $2,818,683.
The Composite Index declined 0.91 points to 1,210.54, the All T&T Index dropped 0.72 points to 1,789.03 and the Cross Listed Index lost 0.15 points to 84.71.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| JMMB Group closed at $1.26, gaining 3 cents with 10,000 shares changing hands and Trinidad & Tobago NGL traded 22 cents higher to close at $21.33, with an exchange of 13,946 units valued at $295,915. Losses| Grace Kennedy closed $2.70, with a loss of 10 cents exchanging 5,198 shares, Massy Holdings traded 40 cents lower, closing at a 52 weeks’ low of $50.10, with 37,320 shares changing hands valued at $1,868,488 and Prestige Holdings closed at a 52 weeks’ low of $10.75, losing 6 cents in trading 45,247 units valued at $486,406. Scotia Investments lost 3 cents, in closing at $2.45 with trades of 20,910 shares and West Indian Tobacco closed at $126.35, with a loss of 3 cents exchanging 750 units.
Firm Trades| Clico Investment exchanged 1,424 shares at $22.51, First Citizens held firm at $31.65, with 342 shares trading and Republic Financial Holdings remained at $101.90, with 60,801 shares changing owners at a value of $6,195,622.

JSE majors fall back on Tuesday

Trading in the main market of the Jamaica Stock Exchange closed on Tuesday with stocks rising outnumbering those falling. The market indices fell back at the close the JSE Market Index fell 878.85 points to 235,245.62, with the All Jamaica Composite Index declining 964.58 points to close at 258,195.81 and the JSE US dollar market index closed at 200.45.
At the close of trading, 25 securities changed hands with 2 trading in the US dollar market, leading to 7 stocks advancing and 7 declining. Trading in the main market ended with 3,513,896 units valued at $221,929,673 changing hands compared to 2,726,092 units valued at $27,555,950 at the close on Monday. Trading in the US dollar market accounted for 51,800 units valued at US$42,613.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 6 stocks with bids higher than their last selling prices and 2 with lower offers.
The main market ended trading with an average of 140,556 units valued at $8,877,187 for every security traded compared to an average of 113,587 units valued at $1,148,165 on Monday. The average volume and value for the month to date ended at 202,407 units with an average value of $4,580,773 compared with an average of 207,165 units with an average value of $4,250,279 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Barita Investments traded 250 shares at $7, Berger Paints closed at $17.50, after losing 32 cents with an exchange of 9,200 shares, Cable and Wireless closed at $1.15 with a fall of 5 cents trading 30,000 stock units, Caribbean Cement gained 40 cents to close at $26.90 trading 7,290 shares, Carreras closed at $86.70, with a loss of 9 cents in exchanging 1,832 units, Grace Kennedy closed at $41, with 50,060 units changing hands, Jamaica Broilers closed at $18, with gains of 38 cents trading 3,325 shares, Jamaica Producers closed at $15.85, with an exchange of 1,658 units. Jamaica Stock Exchange traded 5,000 shares at $6.90, JMMB Group lost 50 cents to close at $19.50, with 9,100 units changing hands, Kingston Properties gained 25 cents, closing at $10.25 with 900 units, Kingston Wharves traded 77 cents higher to close at $27.78, with an exchange of 200 shares, Mayberry Investments closed at $4.50, with a loss of 80 cents trading 2,100 shares, NCB Financial Group closed at $72, after exchanging 3,009,420 shares, 1834 Investments closed at $1.50, with 27,400 units changing hands, PanJam Investment exchanged 280 shares at $33.99. Portland JSX Fund closed at $9.95, with a loss of 5 cents trading 18,100 units, Pulse Investments traded 3,859 shares at $17, Radio Jamaica exchanged 117,000 shares at $1.60, Sagicor Group closed at $34.20 trading 36,453 shares while Sagicor Real Estate fund gained 5 cents, closing at $11.15 with 68,441 shares trading. Scotia Group closed at $43.55 exchanging 2,390 shares, Scotia Investments traded 50 cents higher, closing at $37 with 706 units changing hands, Seprod gained $1 to close at $30, with 18,000 units traded while Supreme Ventures closed at $7, as the price lost 50 cents with 90,932 shares changing ownership. Proven Investments closed at 26 US cents trading 18,300 ordinary shares and JMMB Group US 6% preference share closed at US$1.13, with a gain of 0.01 US cent with 33,500 units traded.

 

Storm closes TTSE

Trading on the Trinidad & Tobago Stock Exchange was suspended for the day of 20th June 2017 because of the impending arrival of tropical storm Brett. The market last traded on Friday as it was closed on Monday for the Labour Day holiday.
On Friday, 13 securities changed hands compared to 16 on Wednesday with 2 stocks advancing, 5 declining and 6 unchanged with 143,801 shares traded at a value of $2,818,683 compared to Wednesday’s trades of 373,818 valued at $18,441,277. The market was closed for a public holiday on Thursday.
The Composite Index declined 1.05 points to 1,211.45, the All T&T Index slipped 0.63 points to 1,789.75 and the Cross Listed Index lost 0.20 points to 84.86.

Trading jumps on Junior Market – Monday

Caribbean Flavours dominated trading on the Junior Market on Monday with nearly 9 m shares.

Caribbean Flavours traded nearly 9 million valued at $114,648,038 pushing trading to 9,306,111 units valued at $117,381,126 on the Junior Market on Monday compared to 3,652,602 units valued $15,524,040 passing through the market, on Friday, resulting from trading in 17 securities versus 22 on Friday.
At the close of the market 9 stocks rose and 6 declined, leading to the market index rising a mere 0.25 points to 3,189.83, while 5 stocks had bids higher than their last sale prices and 2 closed with lower offers.
The Junior Market ended trading with an average of 547,418 units for an average value of $6,904,772 compared to 166,027 units for an average value of $705,638 on the previous trading day. The average volume and value for the month to date rose to 576,036 units valued at $2,500,410 compared with 578,420 units valued at $2,133,380, previously, in contrast, May closed with averages of just 89,339 units at $596,722.
At the close of the market, AMG Packaging rose 15 cents to close at $4.15 with 2,00 units changing hands, Blue Power added 44 cents to close at $55 with 283 units changing hands, Cargo Handlers closed at $16 with 1,000 shares trading, Caribbean Cream traded 3,000 units to end at $7.40, Caribbean Flavours gained 20 cents in trading 8,992,003 units to end at $12.75. The trade is attributable to Derrimon Trading off-loading a portion of the holding in the company. Consolidated Bakeries traded a 3,700 units, to end at $3, Derrimon Trading ended with 2,000 units changing hands at $8.58 after adding 8 cents, Eppley had 9,486 units changing hands with a 1 cent fall to close at $12, General Accident fell a cent and closed trading with 1,872 shares at $2.79, Honey Bun had 141,667 shares changing hands to close 39 cents down at $6.11, Jamaican Teas traded 42,146 shares and rose 1 cent to end at $4.31, Jetcon Corporation rose 32 cents to end at $15.20 with 57,343 shares trading, KLE Group lost 1 cent and ended at $2.10 with 1,096 shares changing hands, Knutsford Express traded 31,565 shares to end at $16.30 with a rise of 30 cents, Lasco Distributors added 5 cents and ended trading 11,700 units at $7.20, Lasco Financial fell 2 cents with 4,000 shares changing hands to end at $4 and Main Event rose 38 cents and ended trading with 1,250 shares at $5.88.

JSE Majors in big recovery on Monday

The main market of the Jamaica Stock Exchange recovered all the losses it incurred on Thursday and Friday and more putting it back ahead of the closing level at the end of trading on Monday last week but below the close of the prior trading day. The All Jamaica Composite Index jumped 2,627.40 points to close at 259,160.39, the JSE Market Index climbed 2,393.86 points to 236,124.47 and the JSE US dollar market index gained 12.75 points to 200.45.
At the close of trading, 24 securities changed hands in the main market with 1 trading in the US dollar market, leading to 12 stocks advancing and 9 declining. Trading in the main market ended with 2,726,092 units valued at just $27,555,950 changing hands compared to 4,265,878 units valued at $141,120,152 at the close on Friday. Trading in the US dollar market accounted for 5,100 units valued at US$1,326.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 6 stocks with bids higher than their last selling prices and 1 with a lower offer.
The main market ended trading with an average of 113,587 units valued at a mere $1,148,165 for every security traded compared to an average of 185,473 units valued at a mere $6,135,659 on Friday. The average volume and value for the month to date ended at 207,165 units with an average value of $4,250,279 compared with an average of 214,963 units with an average value of $4,508,789 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Barita Investments gained 95 cents to close at $7, with an exchange of a mere 300 shares, Berger Paints gained 51 cents and closed at $17.82, with 39,256 shares trading, Cable and Wireless closed at $1.20, with 83,500 stock units changing hands, Caribbean Cement closed at $26.50, losing 50 cents in trading 2,000 shares, Carreras fell 11 cents in exchanging 1,359 units at $86.79, Grace Kennedy closed at $41, with 61,334 units changing hands, Jamaica Broilers closed at $17.62, with a loss of 38 cents trading 207,100 shares, Jamaica Producers lost 15 cents to close at $15.85, with an exchange of 2,658 units. Jamaica Stock Exchange lost 10 cents to close at $6.90 exchanging 2,029,200 shares, JMMB Group gained $1 to close at $20 trading 5,128 units, Kingston Properties traded 224 shares at $10, Mayberry Investments gained 30 cents to close at $5.30, trading of 17,037 units, NCB Financial Group traded $1 higher to close at $72, after exchanging 14,563 shares, 1834 Investments closed at $1.50, gaining 15 cents with 12,600 units changing hands, PanJam Investment gained 69 cents, in closing at $33.99 trading 672 shares. Portland JSX closed at $10, with gains of 5 cents, exchanging 20,000 units, Pulse Investments traded 50 cents lower to close at $17, with 1,649 shares changing owners, Sagicor Group closed at $34.20, losing 54 cents while trading 33,954 shares. Salada Foods closed at $10, with an exchange of 1,428 units, Scotia Group gained 55 cents to end at $43.55, trading 69,399 shares, Seprod lost 50 cents to close at $29, with 1,000 units traded while Supreme Ventures closed at $7.50, after gaining 24 cents with 71,331 shares changing hands. Proven Investments closed at 26 US cents, with gains of 0.02 US cents in trading 5,100 ordinary shares, JMMB 7. 5% preference share closed at $2, gaining 10 cents with an exchange of 50,000 units and ISP Finance bond traded 5,000 units at a record of $1.10 to gain 10 cents.

NCB, JMMB, RJR dominate trading – Friday

NCBFiniancial Group traded more than 1.6 million shares on Friday.

NCB Financial Group with 1.6 million units and Radio Jamaica with 1.5 million and JMMB Group with nearly 600,000 shares were the dominant trades when the Jamaica Stock Exchange closed trading on Friday. At the close of trading, 23 securities changed hands with no trading in the US dollar market, leading to 8 stocks advancing and 6 declining.
At the end of trading, the All Jamaica Composite Index declined 229.82 points to close at 256,532.99, the JSE Market Index lost 209.39 points to 233,730.61 and the JSE US dollar market index closed at 187.70.
Trading in the main market ended with 4,265,878 units valued at $141,120,152 changing hands compared to 12,639,003 units valued at $265,691,928 at the close on Thursday.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 10 stocks with bids higher than their last selling prices and 1 with a lower offer.
The main market ended trading with an average of 185,473 units valued at $6,135,659 for every security traded compared to an average of 468,111 units valued at $9,840,442. The average volume and value for the month to date ended at 214,963 units with an average value of $4,508,789 compared with an average of 217,644 units with an average value of $4,360,892 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Barita Investments gained 5 cents to close at $6.05, with an exchange of 100 shares, Berger Paints closed at $17.31, with 13.963 shares traded, Cable and Wireless closed at $1.20, with 150,718 stock units changing owners, Caribbean Cement closed at $27, gaining 50 cents trading 5,686 shares, Carreras exchanged 1,776 units at $86.90, Grace Kennedy closed at $41, after gaining 23 cents with 19,664 units trading, Jamaica Broilers traded 12,510 shares at $18, Jamaica Producers jumped $1.50 and closed at $16 trading 13,622 units. Jamaica Stock Exchange closed at $7, with an exchange of 14,540 shares, JMMB Group lost 20 cents to close at $19 trading 558,889 units, Kingston Wharves dived $1.53 to close at $27.01, with 19,000 shares changing hands, Mayberry Investments gained 35 cents to close at $5, with trades of 30,040 shares, NCB Financial Group traded $1 lower to close at $71, after exchanging 1,652,807 shares, PanJam Investment lost 20 cents, closing at $33.30 trading 6,030 shares. Pulse Investments closed at $17.50, with gains of 50 cents in exchanging 21,700 shares, Radio Jamaica closed at $1.60, after losing 5 cents while trading 1,537,900 shares, Sagicor Group closed at $34.74, losing 64 cents trading 17,199 shares, Sagicor Real Estate Fund traded 10 cents lower to close at $11.10 with 2,000 shares being exchanged. Salada Foods closed at $10, trading of 300 units, Scotia Group closed at $43 exchanging 134,239 shares, Scotia Investments traded 19,195 shares at $36.50 while Supreme Ventures closed at $7.26, with 33,700 shares changing hands and JMMB Group 7.25% preference share closed at $1.50, gaining 19 cents with trades of 300 units.