NCB dominates JSE trading – Thursday

NCB dominated trading with 35 million shares.

NCB Financial Group dominated trading on Tuesday on the main market of the Jamaica Stock Exchange with an exchange of 35,067,960 units accounting for 89.56 percent of the volume traded with the price rising 85 cents to $97.85.
Trading activity resulted in 39,156,142 units valued at over $3,462,726,542 compared to 14,312,143 units valued at $130,374,672 trading on Thursday.
The market that enjoyed several record closes during the month ended on Tuesday The main market closed with 23 securities changing hands, 9 securities rose, 9 declined and 5 trading firm, as the JSE All Jamaican Composite Index lost 923.48 points to end at 328,725.38 and the JSE Index declined 841.39 points to a record close of 299,505.97.
In market activity, Barita Investments gained 49 cents and closed at $10.49, with 2,046 shares, Berger Paints jumped $2 to end at $22, with 38,452 stock units trading, Carreras rose 7 cents and concluded trading at $10.72, with 608,357 units, Caribbean Cement lost 40 cents and finished at $37.60, with 12,424 shares, Ciboney Group settled at 11 cents, with 722,522 shares. Grace Kennedy ended trading at $49, with 15,229 shares, Jamaica Broilers lost 1 cent to trade at $20.49, with 14,967 stock units, Jamaica Producers gained 20 cents and finished trading at $17, with 22,818 units, Jamaica Stock Exchange closed at $6.85, with 50,000 shares. JMMB Group ended at $27, with a rise of 30 cents trading with 41,032 shares, Kingston Wharves dropped $1.75 and finished at $48.05, with 7,385 stock units changing hands, Mayberry Investments settled at $6.13, with 299,826 units, NCB Financial Group ended trading at $98.75, with 35,067,960 shares. 138 Student Living fell 35 cents to settle at $5.15, with 10,000 units, PanJam Investment rose 25 cents and closed at $44.45, with 16,280 stock units, Radio Jamaica rose 1 cents and finished at $1.08, with 108,713 shares, Sagicor Group settled at $38, after falling 50 cents with 91,191 shares and Sagicor Real Estate Fund lost 50 cents and settled at $14.50, with 22,460 shares. Scotia Group lost 25 cents and closed at $49.75, with 82,208 units. Sterling Investments closed at $13.00, with 522 shares, Supreme Ventures fell 15 cents and ended at $11.85, with 148,791 shares, Victoria Mutual Investments rose 4 cents and concluded trading at $4.30, with 166,533 stock units and Wisynco Group rose 5 cents to settle at $10.55, with 1,606,426 units.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE main market trades at record high – Tuesday.”

All Jamaica crosses 330,000 level

The main market of the Jamaica Stock Exchange that closed at record high on Monday and went on to close higher on Tuesday, at yet another record, is again trading in record territory at the start of trading on Wednesday.
With just 25 minutes of trading the JSE All Jamaican Composite Index climbed by 1,043.56 points to a record close of 330,011 and the JSE Index gained 950.80 points to record 300,677.31.
Trading was light so far but NCB Financial climbed to $98 to be the only stock with a rise in price of note.

JSE main market trades at record high – Monday

Stocks closed much higher on the Jamaica Stock Exchange main market on Monday than on Friday as the JSE All Jamaican Composite Index jumped 2,366.31 points to record close of 328,893.09.
The JSE Index climbed sharply by 2,155.97 points to end at a record close of 299,658.77. At the close, 29 securities traded, compared to 26 on Friday and ended with the prices of 13 stocks rising, 8 falling and 8 trading firm, in the main and US dollar markets.
At the close of trading, Berger Paints closed at $20 with a gain of 95 cents, Kingston Wharves rose $1.95 to $50, Proven Investments ordinary share in the local market fell $1.99 to $26.51 and Seprod gained 76 cents to close at $34.99.
Main market activity ended with 12,309,558 units valued at $246,771,642 compared to 22,131,577 units valued at $314,568,605 on Friday.

Carreras traded over 2 million shares.

At the close of trading Jamaica Broilers ended trading 2,612,575 units amounting to 21.22 percent of the day’s volume, Carreras traded 2,041,313 units accounted for 16.58 percent of trading, Proven Investments Jamaican dollar ordinary share closed with 2 million units trading, Wisynco Group ended with 1,382,174 units, units Supreme Ventures with 1,089,028 units, followed by Sagicor Group with 1,073,450 shares.
Trading resulted in an average of 424,468 units valued at an average of $8,509,367 for each security traded. In contrast to 922,149 units valued at an average of $13,107,025 on Friday. The average for the month to date is 708,206 shares with a value of $6,395,518 and previously 723,010 shares with a value of $5,999,413. In contrast, March closed with an average of 626,526 units with an average value at $20,492,207 for each security traded.
There was no trading in the US dollar market, leaving the Market index at 164.44.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 16 stocks ended with bids higher than their last selling prices and 3 closing with a lower offers.
For more details of market activities see – – Monday.

JSE majors close April on a record – Monday

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Investors pushed the main market of the Jamaica Stock Exchange to record highs on Monday and closing April at a record high after ending with 6 closing record highs, during the month.
The market that enjoyed several record closes during the month ended on Monday with 29 securities changing hands, resulting in 12,309,558 units valued at $246,771,642 trading leading to a rise in the market indices.
The main market closed with 13 securities rising, 8 declining and 8 trading firm, as the JSE All Jamaican Composite Index surged by 2,366.31 points to a record close of 328,893.09 and the JSE Index climbed 2,155.97 points to record 299,658.77.
In market activity, Barita Investments lost 50 cents and closed at $9.50, with 42,960 shares traded, Berger Paints jumped 95 cents to end at $20, with 103,899 stock units crossing the exchange’s platform, Carreras finished at $10.60, with 2,041,313 shares, Caribbean Cement fell 50 cents and settled at $37.50, with just 500 shares trading, Grace Kennedy traded at $49, with 80,953 stock units. Jamaica Broilers finished trading at $21, with 2,612,575 units, Jamaica Producers closed at $16.99, with 55,324 shares, Jamaica Stock Exchange lost 5 cents and ended at $6.80, with 44,641 shares, JMMB Group concluded trading at $26.87, with 44,847 shares after slipping 11 cents. Kingston Wharves jumped $1.95 to close at $50, with 2,346 units, Mayberry Investments gained 18 cents and ended trading at $6.20, with 5,000 shares, NCB Financial Group traded at $97, with 44,744 shares, 1834 Investments added just 1 cents and finished trading at $1.16, with 13,000 shares. PanJam Investment ended 25 cents higher at $44, with 25,274 units, Portland JSX lost 40 cents and concluded trading at $10, with 15,830 shares, Pulse Investments slipped 1 cent and finished at $1.78, with 9,000 shares, Radio Jamaica rose 2 cents and settled at $1.07, with 33,090 shares. Sagicor Group ended trading at $37.60, with 1,073,450 stock units and Sagicor Real Estate Fund rose 30 to $15.30, with 17,936 stock units. Scotia Group finished trading at $50, with 608,581 shares traded, Seprod rose 76 cents and concluded trading at $34.99, with 2,700 stock units, Supreme Ventures gained 13 cents and settled at $11.70, with 1,089,028 shares. Victoria Mutual Investments gained 5 cents and ended trading at $4.25, with 194,155 shares, Wisynco Group traded with a gain of 16 cents at $10.85, with 1,382,174 shares. In the main market preference segment, Jamaica Money Market 7.25% lost 5 cents and ended trading at $2.50, with 1,800 shares, Jamaica Money Market7.5% traded at $1.92, with 2,138 stock units, JMMBC 7.25% ended rose 10 cents to $2.10, with 50,000 shares, Proven Investments 8.25% rose 90 cent and closed at $5.90, with 712,300 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE main market trades at record high – Monday.”

TTSE trading falls back on – Monday

Demand rises for Republic Financial Holdings

Market activity on the Trinidad & Tobago Stock Exchange ended on Monday with trading in 15 securities against 16 on Friday, with 1 advancing, 3 declining and 11 remaining unchanged.
Trading ended with 138,553 shares at a value of $4,411,178 compared to 833,223 shares at a value of $20,721,197 on Friday.
At close of the market the, Composite Index rose 0.27 points on Monday to 1,230.48, the All T&T Index gained 0.52 points to 1,697.49, while the Cross Listed Index remained unchanged to close at 102.75.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows the market continuing to be weak as it closed with 3 stocks ending with higher bids than the last selling prices and 4 with lower offers, an indication of the continuation of a weak market currently.
Gains| Trinidad & Tobago NGL gained 10 cents and completed trading at $28, with 22,096 units changing hands.
Losses| NCB Financial Group shares fell 5 cents and concluded trading at $5.50, after exchanging 4,700 shares, Republic Financial Holdings share fell 1 cent and ended at $101.58, with 2,125 stock units changing hands, but had demand to buy 208,394 units at $101.60 at the close of trading, following good six months report and West Indian Tobacco shed 4 cents and ended at $88.51, with 114 stock units changing hands.
Firm Traded| Ansa Mcal completed trading at $59.79, with 44,600 units, Ansa Merchant settled at $40, after exchanging 1,995 shares, Clico Investments completed trading at $20.15, with 19,111 units, First Citizens concluded trading at $32.55, after exchanging 2,410 shares, JMMB Group ended at $1.80, with 500 stock units changing hands, Massy Holdings ended at $47.40, with an exchange of 8 stock units, National Flour settled at $1.80, after exchanging 1,800 shares, One Caribbean Media ended at $12.40, with 5,000 stock units changing hands, Point Lisas completed trading at $3.81, with 200 units, Prestige Holdings settled at $10.01, after exchanging 1,500 shares and Sagicor Financial completed trading at $7.80, with 32,394 units changing hands.
Prices of securities trading for the day are those at which the last trade took place.

JSE main market climbs on Friday

Stocks closed much higher on the Jamaica Stock Exchange main market on Friday than on Thursday as the JSE All Jamaican Composite Index increased by 96.51 points to 325,799.33 and the JSE Index advanced by 87.93 points to 296,840.01.
At the close, 25 securities traded, compared to 26 on Thursday and ended with the prices of 7 stocks rising, 11 falling and 8 trading firm, in the main and US dollar markets.
At the close of trading, Kingston Properties gained $1.39 to $6.64, Kingston Wharves fell $1.45 to $48.05, NCB Financial rose $2 to $97 after the banking group posted increased profit for the six months to March and Portland JSX jumped $1.89 on positive year end results.
Main market activity ended with 22,131,577 units valued at $314,568,605 compared to 6,955,242 units valued at over $271,269,169 on Thursday. At the close of trading Wisynco Group ended with 8,307,655 units and accounted for 37.54 percent of the day’s volume followed by Ciboney Group with 7,063,873 units and 31.92 percent of the volume and Sagicor Group closed with 4,907,816 units and 22.18 percent of the day’s volume.
Trading resulted in an average of 922,149 units valued at an average of $13,107,025 for each security traded. In contrast to 289,802 units valued at an average of $11,302,882 on Thursday. The average for the month to date is 723,010 shares with a value of $5,999,413 and previously 713,135 shares with a value of $5,603,629.

NCB closed $2 higher on Friday.

In contrast, March closed with an average of 626,526 units with an average value at $20,492,207 for each security traded.
Trading in the US dollar market, ended with Proven Investments falling 3 cents to 22 US cents trading 183,095 units on Friday and leaving the Market index down 13.44 points to 164.44.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 11 stocks ended with bids higher than their last selling prices and 1 closing with a lower offers.
For more details of market activities see – Trading on JSE main market elevated – Friday.

Trading elevated on JSE main market – Friday

Bulls may be lurching to pounce on Jamaican stocks.

Trading on the Main Market of the Jamaica Stock Exchange on Friday ended with 24 securities changing hands, resulting in 22,131,577 units valued at $314,568,605 trading leading to a rise in the market indices.
The main market closed with 9 securities rising, 8 declining and 7 trading firm, as the JSE All Jamaican Composite Index increased by 727.45 points to 326,526.78 and the JSE Index advanced 662.79 points to close at 297,502.80.
In market activity, Barita Investments lost 25 cents and closed at $10, with 11,890 shares, Berger Paints ended at $19.05, with 25,531 stock units, Carreras concluded trading at $10.60, with 415,364 units, after rising 25 cents, Caribbean Cement lost 1 cents and finished at $37.99, with 7,555 shares, Ciboney Group fell 3 cents to 10 cents with 7,063,873 shares trading. Grace Kennedy ended trading at $49, with 32,450 shares, Jamaica Broilers traded with a rise of 50 cents at $21, exchanging 44,397 stock units, Jamaica Producers climbed 49 cents and finished trading 8,514 units at $16.99, Jamaica Stock Exchange closed at $6.85, with 51,818 shares. JMMB Group gained 48 cents and ended at $26.98, with 77,600 shares, Kingston Properties spiked $1.39 to conclude trading at $6.64, with just 840 shares, Kingston Wharves finished with a fall of $1.45 to $48.05, trading 100,791 stock units, Mayberry Investments settled at $6.02, with 82,641 units changing hands. NCB Financial Group ended trading with a rise of $2 to $97, with 92,006 shares, with investors responding positively to the six months results. Portland JSX jumped $1.89 and ended at $10.40, with 82,924 units after the company posted a profit for 2018. Pulse Investments concluded trading at $1.79, with 1,085 shares, Sagicor Group settled at $37.60, with a rise of 10 cents after 4,907,816 shares traded and Sagicor Real Estate Fund settled at $15, with 20,000 shares. Scotia Group lost 50 cents to trade at $50, with 202,000 units, Seprod fell 77 cents and finished trading at $34.23, with 58,738 shares, Supreme Ventures lost 18 cents and ended at $11.57, with 297,625 shares, Victoria Mutual Investments concluded trading at $4.20, after losing 10 cents with 227,874 stock units and Wisynco Group finished at $10.69, up 19 cents with 8,307,655 units changing hands. In the main market preference segment, JMMB Group 7.5% finished at 99 cents, with 10,590 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE main market climbs on Friday.”

JSE main market ekes out modest rise – Thursday

Stocks closed slightly higher on the Jamaica Stock Exchange main market on Thursday than on Wednesday with the JSE All Jamaican Composite Index increasing 96.51 points to 325,799.33 and the JSE Index rising 87.93 points to 296,840.01.
At the close, 26 securities traded, compared to 26 on Wednesday and ended with the prices of 7 stocks rising, 11 falling and 8 trading firm, in the main and US dollar markets.
At the close of trading, JMMB Group fell 75 cents to $26.50, Kingston Wharves jumped $3.50 to $49.50, NCB Financial Group ended with the day’s highest volume with a loss of $1.50 to $95 and Scotia Group lost $1.49 to end at $50.50.
Main market activity ended with 6,955,242 units valued at $271,269,169 changing hands compared to 14,655,576 units valued at $227,353,346 on Wednesday. At the close of trading, NCB Financial Group ended with 2,259,648 units representing 32.49 percent of the day’s volume, followed by Ciboney Group with 1,630,930 units and 23.45 percent of the volume traded and Wisynco Group closed with 1,609,916 units, accounting for 23.15 percent of the overall volume.
Trading resulted in an average of 289,802 units valued at an average of $11,302,882 for each security traded. In contrast to 563,676 units for an average of $8,744,359 on Wednesday. The average for the month to date is 713,135 shares with a value of $5,603,629 and previously 735,222 shares with a value of $4,951,259. In contrast, March closed with an average of 626,526 units with an average value at $20,492,207 for each security traded.
Traded in the US dollar market ended with 14,950 units valued at $4,941 as Productivity Business increased 2 cents and ended at 58 US cents with 4,400 shares traded and Proven Investments rose 1 cent to 23 US cents trading 10,500 units. The Market rose 5.71 points to close at 177.88.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 9 stocks ended with bids higher than their last selling prices and 4 with lower offers.
For more details of market activities see – JSE main market volume remains elevated – Thursday.

JSE main market volume remains elevated – Thursday

Trading on the Main Market of the Jamaica Stock Exchange on Thursday as 24 securities changed hands, resulting in 6,955,242 units valued at $271,269,169 trading.
The main market closed with just 5 securities rising, 11 declining and 8 trading firm, leading to the JSE All Jamaican Composite Index increased by 96.51 points to 325,799.33 and the JSE Index advanced by 87.93 points to 296,840.01.
In market activity, Berger Paints gained 5 cents to end at $19.05, with 74,992 stock units, Carreras concluded trading with a loss of 40 cents at $10.60, in the trading of 476,294 units, Caribbean Cement lost 51 cents and finished at $38, with 213,889 shares, Ciboney Group gained 1 cent to end at 13 cents with 1,630,930 shares trading. Grace Kennedy ended trading at $49, after gaining 50 cents with 24,964 shares, Jamaica Broilers traded with a fall of 50 cents at $20.50, exchanging 4,898 stock units, Jamaica Producers finished trading 6,648 units at $16.50, Jamaica Stock Exchange lost 5 cents and closed at $6.85, trading just 100 shares. JMMB Group fell 75 cents and ended at $26.50, with 120,688 shares, Kingston Wharves jumped of $3.50 to $49.50, trading 3,418 stock units, Mayberry Investments settled for a fall of 3 cents at $6.02, with 17,367 units changing hands. NCB Financial Group ended trading with a fall of $1.50 to $95, with 2,259,648 shares, PanJam Investment lost 25 cents in exchanging 190,902 shares at $43.75. Radio Jamaica ended with 10,077 shares trading at $1.05, Sagicor Group settled at $37.50, after 33,966 shares traded and Sagicor Real Estate Fund settled at $15, with 1,000 shares. Salada Foods traded 30,900 shares at $11.20, Scotia Group lost $1.49, to trade at $50.50, with 69,878 units, Supreme Ventures ended at $11.57, with 44,591 shares, Victoria Mutual Investments concluded trading at $4.30, after rising 24 cents with 130,176 stock units and Wisynco Group finished at $10.50, down 40 cents with 1,609,916 units changing hands. In the main market preference segment, Jamaica Money Market Brokers 7.25% traded a mere 300 units at $2.55, while Productivity Solutions 9.75% traded 350 units at $105 and Proven Investments 8.25% finished at $5, with 1,079,574 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE main market ekes out modest rise – Thursday.”

JSE main market retreats on Wednesday

Stocks closed on the Jamaica Stock Exchange main market with a fall on Wednesday pulling the JSE All Jamaican Composite Index down by 1,060.23 points to 325,702.82 and the JSE Index lower by 965.99 points to 296,752.08.
At the close, 26 securities traded, compared to 27 on Tuesday and ended with the prices of 11 stocks rising, 11 falling and 4 trading firm, in the main and US dollar markets.
At the close of trading, Caribbean Cement jumped $1.51 to $38.51, JMMB Group lost $1.08 to $27.25, Kingston Wharves fell 43 to $46, Scotia Group rose $1.79 to $51.99 and Seprod gained $1 to $35.
Main market activity ended with 14,655,576 units valued at $227,353,346 compared to 10,843,662 units valued at over $263,546,997 on Tuesday. At the close of trading Carreras closed with 4,337,080 units changing hands and accounting for 29.59 percent of the volume traded Wisynco Group closed with 13,412,434 units and accounted for 23.28 percent of the day’s volume and Ciboney Group Limited with 2,161,849 units and 14.75 percent of the volume. Also trading in large quantity were Jamaica Producers with 1,044,013 units and scotia Group with 1,959,155 units.
Trading resulted in an average of 563,676 units valued at an average of $8,744,359 for each security traded. In contrast to 401,617 units for an average of $9,761,000 on Tuesday. The average for the month to date is 736,824 shares with a value of $4,962,720 and previously 747,221 shares with a value of $4,720,546. In contrast, March closed with an average of 626,526 units with an average value at $20,492,207 for each security traded.
There was no trading in the US dollar market on Wednesday leaving the Market index at 172.17.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows7 stocks ended with bids higher than their last selling prices and 3 with a lower offers.
For more details of market activities see – JSE main market trading drops sharply – Wednesday.