Stock Market — Page 523

Junior Market hits new record high

August 5, 2019 by IC Insider.com

New record high for the JSE main market.

The Junior Market of the Jamaica Stock Exchange in trading on Monday with the market closing at a new record high, with the index rising 31.64 to close at 3,569 with a 10 percent gain for the year.
Junior Market ended trading with 32 securities changing hands, down from 35 on Friday, as prices of 14 securities rose, 12 declined and 6 remained unchanged.
At the close, Limners and Bards ended at a record close of $3.90, Elite Diagnostic closed at a record high of $6.40, General Accident closed at a 52 weeks’ high of $5.40, Lasco Financial traded at a 52 weeks’ high of $5.97 but Jamaican Teas traded at an intra-day record of $7.50 but pulled back after.
Market activities resulted in an exchange of 5,633,068 units valued at $25,345,257 compared to 6,412,413 units valued at $28,100,938 on Friday.
Trading ended with an average of 176,033 units for an average of $792,039 in contrast to 183,212 units for $802,884 on Friday for each security traded. The average volume and value for the month to date amounts to units 179,783 valued at $797,704. July ended with an average of 138,412 units with a value of $563,215 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks closing with bids higher than their last selling prices and 2 closed with lower offers.
Stocks ending with price changes| Blue Power lost 1.80 cents in trading 128,748 shares to close at $10.70, Caribbean Flavours declined $1.06 in trading of 43,842 units to close at $16.10, Caribbean Cream climbed 25 cents and exchanged 1,000 shares at $4.50, Cargo Handlers ended trading 978 shares, after rising 3 cents to end at $11. Consolidated Bakeries shed 10 cents in trading of 55,878 units at $2.20, Dolphin Cove closed 5 cents higher at $12.05, with 3,122 stock units trading, Derrimon Trading shed 20 cents in trading of 331,272 units to close at $2.60, Express Catering shed 20 cents in trading 139,420 units at $6.50. Everything Fresh climbed 24 cents and exchanged 166,102 shares at $1.59. Elite Diagnostic ended trading with 29,406 shares, after rising 18 cents to end at 52 weeks’ high of $6.40, Fosrich Group closed trading with 32,427 units and gained 3 cents to end at $4.93. General Accident closed trading of 100,100 units and gained 50 cents to end at a 52 weeks’ high of $5.40, iCreate closed 10 cents higher at 80 cents, with 72,719 stock units trading, Indies Pharma dipped 9 cents in trading of 439,404 units at $3.21, Iron Rock Insurance shed 5 cents in trading of 23,919 units at $4. Infrequently traded ISP Finance dropped $2.15 in trading of 26,659 units at $11.50, Jamaican Teas lost 26 cents in trading of 220,533 units at $7, Jetcon Corporation climbed 3 cents in exchanging 61,340 shares at $1.96. Limners and Bards climbed 15 cents and exchanged 2,638,421 shares to end at a record close of $3.90. Lasco Distributors lost 25 cents trading 135,609 shares to close at $3.15, Lasco Financial closed trading of 129,841 units and gained 47 cents to end at 52 weeks’ high of $5.97, Lasco Manufacturing climbed 15 cents in exchanging 125,484 shares at $4.40, Medical Disposables ended trading 100 shares, after rising 80 cents to end at $8.80. Main Event ended market activity exchanging 6,210 shares to close at $7.84 after falling 11 cents, Paramount Trading shed 18 cents in trading of 15,000 units to close at $2.20, and Stationery and Office Supplies closed trading of 386 units and gained 39 cents to end at $12.59.

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 Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, 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, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Main Event, Paramount Trading, Stationery and Office, Trading Activity

Rising TTSE stocks have upper-hand – Monday

August 5, 2019 by IC Insider.com

Trading on the Trinidad & Tobago Stock Exchange on Monday, ended with lower volume exchanged but with slightly higher value than on Friday as stocks rising out-numbered those declining.
At the close of trading, the Composite Index eased down 0.01 points to 1,400.06. The All T&T Index shed 0.64 points to 1,778.89, while the Cross Listed Index added 0.09 points to close at 138.25.
Market activity ended with 10 securities changing hands against 12 on Friday, of which, 5 advanced, 3 declined and 2 remained unchanged. Trading ended with 131,685 shares at a value of $2,561,001 compared to 334,929 shares at a value of $2,398,327, on Friday.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 stocks closing with bids that were higher than their last selling prices and two with lower offers.
Gains| Clico Investment Fund gained 4 cents and ended at $24.09, after exchanging 7,599 shares, Ansa McAl added 17 cents and completed trading of 25 shares at $55.38, Massy Holdings climbed 49 cents and concluded exchanging 22 shares at $54.98. Sagicor Financial rose 10 cents and ended at $10.10, with investors exchanging 11,031 shares and Trinidad & Tobago NGL rose 29 cents in trading 2,320 units to close at $28.30.
Losses| First Citizens Bank fell 20 cents and settled at $39.75, with investors exchanging 5,000 shares, Guardian Holdings closed with a loss of 15 cents at $18.35, after exchanging 82,340 shares, and Scotiabank Trinidad lost 1 cent and ended at $59.74, with investors exchanging 218 shares.
Firm Trades| NCB Financial Group completed trading with 21,000 units crossing the exchange at $10.01 and Republic Financial concluded trading of 2,130 stock units at $121.33.

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

Filed Under: Stock Market, TTSE Market Tagged With: Ansa Mcal, Clico Investments, Daily Trading, Emerging markets, Emerging Stock, First Caribbean International Bank, First Citizens, Grace Kennedy, Guardian Holdings, Massy Holdings, NCB Financial Group, Republic Financial Holdings, Sagicor Financial, Scotiabank, Trading Activity, Trinidad & Tobago NGL, TTSE

Market watch remains on Junior Market

August 4, 2019 by IC Insider.com

Focus on the entire Junior Market was the advised investors got last week, as the market remained severely undervalued with technical indicators pointing to a breakout.
The advice remains for the second week as investors switch their focus decidedly on the market that lagged the main market for most of 2019 to date. The market reversed the near 10 percent loss in the first half of the year and moved solidly into the black with a rise of 9 percent to the end of last week. Technical indicators suggest a huge rise in the market as it moves to close the valuation gap with the main market.
In the process, the market rose 152.80 points during the week and ended at a record close of 3,537.21 after breaking the old mark of 3,436.54 points set in September last year.

Jamaica Broilers has just two offers for sale at the close on Friday.

The main market also contributed its fair share of excitement with a new record close and a number of stocks hitting new highs. A number of main market stocks could be coming to a short-term peak as is evident in the pullback of NCB Financial and Caribbean Cement during the past week with the latest quarterly results not lending much fuel to the stock prices.
It will be interesting to see how investors react to announced terms of the rights issue for Barita Investments with the offer of 11 for every 100 units at $45 each.
Jamaica Broilers has just 2 offers to sell, suggesting that the price has a far way to go. Some buying came for Radio Jamaica in the past week but with the price closing at $1.35 on Friday. It is worth noting that supply is drying up with only four offers totaling 115,000 shares posted at the close on Friday.
Sygnus Credit Investments is coming into its own with a limited supply of the stock for sale, the price closed at a record high at the close of the past week and may move higher this week. Jamaica Stock Exchange stock could fall some more with the stock facing increased selling and reduced buying.
Some selling came into the market for Blue Power but buying interest remains at the close on Friday with buying interest around the $12 but with some selling just above. Caribbean Flavours has a limited supply of stocks for sale and is worth watching. Elite Diagnostic with rising demand and virtually no supplies could bounce again this week following last weeks’ rise. General Accident moved away from the $4.50 level to close at $4.95 on Friday against declining supplies for sale with just two offers posted on Friday. Jamaican Teas hit new records during the week with investors trying to buy at $8.40, a level over the 30 percent limitation set by the market. The stock last traded at $7.26. Lasco Financial price bounced above $5 last week. The stock remains undervalued and should see increased buying interest, with the release of June quarter results, due out shortly. Lasco Manufacturing released first-quarter numbers at the close of the week with net profit rising 19 percent to $282 million, enough to move the price higher. Lasco Distributors should release quarterly results this week and could move prices of the stocks higher. Limners and Bards climbed to a record high of $3.99 but closed at $3.75 on Friday. Buying interest remains strong but some investors are taking profits, it will be interesting to see which has the upper hand, this week. Medical Disposables looks poised to move higher with the first-quarter numbers, set to play an important role in further gains. Investors await the second-quarter results for Stationery and Office Supplies to determine if higher prices are on the cards anytime soon, but the supply of the stock remains low with only 43,000 units offered for sale at the close on Friday.

Filed Under: Stock Market, Stocks to watch Tagged With: Blue Power, Caribbean Cement, Caribbean Flavours, Elite Diagnostic Drax Hall, Emerging markets, Fontana, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, junior market, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Medical Disposables, Radio Jamaica, Stationery and Office Supplies

Record August start for JSE

August 2, 2019 by IC Insider.com

Add your HTML code here...

The Jamaica Stock Exchange started August on a positive note with rising stocks beating out declining ones and driving the market to the 39th record close for the year to date.
The market closed, with the JSE All Jamaican Composite Index rising 1,882.17 points to end at a record close of 577,132.36, the JSE Index gained 1,710.40 points to close at another high of 525,450.50 and the JSE Financial Index advanced by 1.17 points to close at 140.55.
Market activity resulted in 37 securities trading in the main and US dollar markets, leading to 21 securities advancing, 11 declining and 8 trading firm, compared to 40 securities trading on Wednesday.
At the close of trading, Jamaica Broilers ended at a 52 weeks’ record close of $36 after trading at an all-time high of $38, Sagicor Group ended at a record close of $65 and Victoria Mutual Investments ended at a record closing of $8.20, after hitting $9 during the day. Seprod traded at an all-time high of $70 but pulled back to close at $55. Trading ended with 83,800,065 units valued at over $247,863,696, compared to 53,548,880 units valued at $758,601,832 changing hands on Wednesday.
Wigton Windfarm led trading with 72.7 million units for 87 percent of total volume, Mayberry Investments followed with 3.3 million shares for 4 percent of the day’s volume and Victoria Mutual Investments with 2.9 million shares for 3.5 percent of total main market volume.
The market closed with an average of 2,464,708 units valued at $7,290,109 for each security traded. In contrast to 1,447,267 units valued at an average of $20,502,752 on Wednesday. July closed with an average of 1,297,718 shares valued at $17,985,644 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ending with bids higher than the last selling price and just 2 with lower offers.
In the main market activity, Barita Investments traded 8,100 shares and lost $3.50 to close at $91.50, Caribbean Cement rose $1.94 trading 7,300 units at $79.94, Grace Kennedy rose $1.99 in the trading of 50,453 units to close at $71.99, Jamaica Broilers exchanged 45,352 shares and rose $2 to close at $36. Jamaica Producers fell $1.50 trading 66,201 units to close at $27, Jamaica Stock Exchange dived $5 trading 150,179 shares to end at $25, Kingston Wharves declined $1.40 while trading 1,405 shares to end at $68.60, Mayberry Investments rose 25 cents to close at $9 in trading 3,311,186 shares. 138 Student Living lost 40 cents in exchanging 1,434 units to close $3.60, PanJam Investment jumped $5 in trading 54,339 shares in closing at $105, Pulse Investments exchange 613,290 shares after rising 96 cents to close at $3.96, Sagicor Group jumped $2 in trading 866,828 shares to close at record high of $65. Sagicor Real Estate Fund lost 74 cents to end at $12.25 while trading 36,577 shares, Salada Foods traded 7,447 shares and lost $2.95 to close at $33.05, Scotia Group dipped 42 cents to close at $55.58 trading 45,245 shares, Seprod dropped $5 trading 18,752 units to close at $55. Supreme Ventures lost $1 trading of 157,071 units to end at a record high of $29, Victoria Mutual Investments traded 2,923,292 and gained 20 cents to end at a record high of $8.20 and Wisynco Group traded 214,850 and gained 28 cents to close at $27.78.
Trading in the US securities market resulted in 392,506 units valued $68,915 changing hands as, JMMB Group 6% preference share settled at $1 with 28,783 stock units trading, Proven Investments gained 10 cents and closed at 26 US cents with an exchange of 823 shares and Sygnus Credit Investments traded 362,900 shares at 11 US cents. The JSE USD Equities Index rose 3.90 points to close at 191.15.

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, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Victoria Mutual Investments, Wisynco Group

Reduced trading on TTSE – Friday

August 2, 2019 by IC Insider.com

Trinidad & Tobago Stock Exchange Head Quarters

After being closed for the emancipation holiday trading resumed on the Trinidad & Tobago Stock Exchange on Friday, with less market activity than on Wednesday.
At the close of trading, the Composite Index rose 1.34 points to 1,400.07. The All T&T Index shed 0.51 points to 1,779.53, while the Cross Listed Index added 0.44 points to close at 138.16.
Market activity ended with 12 securities changing hands against 14 on Wednesday, of which, one advanced, 3 declined and 8 remained unchanged. Trading ended with 334,929 shares at a value of $2,398,327 compared to 173,952 shares at a value of $3,902,423, on Wednesday.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 6 stocks closing with bids that were higher than their last selling prices and two with lower offers.
Gains| Grace Kennedy gained 15 cents and ended at a 52 weeks’ high of $3.50, with 273,335 units crossing the exchange.
Losses| Sagicor Financial lost 10 cents and completed trading 1,887 shares at $10, Trinidad & Tobago NGL fell 29 cents in trading 18,617 units in closing at $28.01 and West Indian Tobacco lost 20 cents trading of 94 shares to close at $110.
Firm Trades| First Citizens Bank finished at $39.95 with 2,200 units crossing the exchange, JMMB Group ended at $2.50, with 13,886 units crossing the exchange, National Enterprises ended at $6.20, with investors exchanging 2,000 shares, One Caribbean Media closed at $10.10, with 4,940 units crossing the exchange, Point Lisas settled at $3.75, with 5,000 units crossing the exchange. Republic Financial traded 3,145 units and ended at $121.33, Scotiabank closed at $59.75 after exchanging 4,825 shares and Trinidad Cement completed trading at $2.45, after exchanging 5,000 shares.

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

Filed Under: Stock Market, TTSE Market Tagged With: Daily Trading, Emerging markets, Emerging Stock, First Citizens, Grace Kennedy, JMMB Group, National Enterprises, One Caribbean Media, Point Lisas, Republic Financial Holdings, Sagicor Financial, Scotiabank, Trading Activity, Trinidad & Tobago NGL, TTSE, West Indian Tobacco

August off with record breaking run for JSE

August 2, 2019 by IC Insider.com

The Junior Market of the Jamaica Stock Exchange is up 52.35 points to cross over the 3,500 points level for the first time in the market’s history.
The move after an hour trading on Friday pushed the Junior Market Index to a record high of 3,514.89 points. The JSE Main Index rose 5,119.76 points to a record of 528,859.86 and the All Jamaican Composite Index added 5,633.92 points to trade at 580,884.11.
The Limners and Bards the (Lab) traded at $3.65 to record a 265 percent gain since the IPO and the listing a week ago. Pulse Investments traded at $3.90 up from $3 at the close on Wednesday. General Accident trades at $4.90, Jamaican Teas rose to a record high of $7 from $5.65 on Wednesday and Caribbean Cream fell to $4.40 on limited volume.

Filed Under: Breaking News, JSE Combined, Stock Market Tagged With: Daily Trading, Emerging markets, General Accident, Jamaica Stock Exchange, Jamaican Teas, junior market, Limners and Bards, Pulse Investments

JSE continues to lead the world

August 2, 2019 by IC Insider.com

Jamaica Stock Exchange (JSE) performance continues to lead the global markets by a big margin according to data tracked by Bloomberg Business.
Last year, the JSE was rated as the best performing market in the world. The main market of the local stock exchange, grew 67.5 percent over the past twelve months the JSE index is up 38 percent for the first seven months of this year. The nearest rival is Argentina Merval TR Index, up 43 percent and 37 percent over the same periods. Brazil Ibovespa Brasil Sao Paulo Stock Exchange Index chips in at 33 percent for the last twelve months and 17 percent for 2019 to date.
The next best performance half a world away from the west, with New Zealand X20 Index coming in with 29 percent for the twelve months period and 25 percent for 2019 to date.
The data shows that the vast majority of markets are having a tough time with many of them suffering declines.

Filed Under: Feature Stories, Global Market, JSE Main Market, Stock Market Tagged With: Argentina Merval TR index, Bloomberg Business, Brazil Ibovespa Brasil Sao Paulo Stock Exchange Index, Emerging markets, Jamaica Stock Exchange, Jamaican Stock, New Zealand X20 Index

July’s record run for JSE

July 31, 2019 by IC Insider.com

JSE main market had 14 days of record close in July and heading much higher going forward.

Jamaica Stock Exchange’s main market ended July with the 14th record close for the month and the 38^th for 2019 and 38 percent gain for the year to date, to remain the world’s top-performing market for the past 12 months.
The market closed July with the JSE All Jamaican Composite Index jumping 7,284.40 points to a record close at 575,250.19 points, the JSE Index climbed 6,619.61 points to close at another high of 523,740.10 and the JSE Financial Index advanced by 1.02 points to close at 139.38.
Market activity, resulted in 40 securities trading in the main and US dollar markets, leading to 21 securities advancing, 11 declining and 8 trading firm, compared to 35 securities trading on Tuesday.
At the close of trading, Barita Investments inched higher to a record close of $95 after it rose to a high of $100, Victoria Mutual Investments ended at a record closing high of $8 and Sygnus Credit Investments closed at 52 weeks’ high of $22. Trading ended with 53,548,880 units valued at $758,601,832, compared to 184,796,002 units valued $1,610,513,368 changing hands on Tuesday.
Wigton Windfarm led trading with 24.8 million units for 46 percent of total volume, JMMB Group 7.5% followed with 10 million shares for 19 percent of the day’s volume and Sagicor Group with 7.9 million shares for 15 percent of total main market volume.
The market closed with average of 1,447,267 units valued at an average of $20,502,752 for each security traded. In contrast to 5,774,875 units for an average of $50,328,543 on Tuesday. The average volume and value for the month to date amounts to 1,297,718 shares valued at $17,985,644 changing hands, compared to 1,290,587 shares valued at $17,854,655 for each security traded. June closed with an average of 1,608,485 units valued at $19,605,318 for each security traded.
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 the last selling price and just 1 with a lower offer.
In the main market activity, Caribbean Cement fell $1.99 trading 161,377 units at $78, Eppley traded 7,553 after losing 50 cents to end at $16.40, Grace Kennedy lost $2 in the trading of 153,600 to close at $70, Jamaica Broilers exchanged 1,135,364 and rose $1.25 to close at $34. Jamaica Producers fell 50 cents trading 9,595 units to close at $28.50, JMMB Group gained $2 trading 107,504 shares to end at $53, Kingston Properties traded 141,647 shares and rose 50 cents to end at $6, Mayberry Investments fell 25 cents to close at $8.75 in trading 92,573 shares. Mayberry Jamaica Equities traded 3,752,372 to gain 50 cents and ended at $12.50, NCB Financial lost $2 exchanging 162,275 units to close $213, Proven Investments lost 70 cents trading 5,326 shares in closing at $35.80, Sagicor Group jumped $5 in trading 7,879,535 shares to close at a record high of $63. Sagicor Real Estate Fund climbed $1.98 to end at $12.99 while trading 102,792 shares, Scotia Group dipped 25 cents to close at $56 trading 109,341 shares, Seprod jumped $5 trading 13,758 units to close at $60. Sygnus Credit Investments jumped $3.50 trading of 109,800 units to end at a record high of $22, Victoria Mutual Investments traded 2,051,094 and gained 68 cents to end at a record high of $8 and Wisynco Group traded 214,850 but fell 49 cents to close at $27.50.
Productive Business Solution 9.5% preference share traded 83,400 units and gained $1.99 to end at $107.99.
Trading in the US securities market resulted in 19,171 units valued US$8,433 changing hands with, JMMB Group 6% preference share settled at $1 with 7,000 stock units trading, Proven Investments closed at 25 US cents with an exchange of 771 shares and Sygnus Credit Investments traded 11,4000 shares at 11 US cents. The JSE USD Equities Index shed 0.16 points to close at 187.25.

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, Portland JSX, Productive Business Solution, Proven Investments, Sagicor Group, Sagicor Real Estate Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Victoria Mutual Investments, Wisynco Group

Record run continues for Junior Market

July 31, 2019 by IC Insider.com

Investors’ attention is now focused on the Junior Market with their buying interest lifted it 16 percent, from this year’s low and pushed the market to a second day close, at a record high of 3,462.54 after rising 21.62 points.
At the close, The Lab climbed to $3.50 but ended at a record close of $3.15, Jamaican Teas ended at a record close of $5.65 and Stationery and Office Supplies closed at a record high of $12.65.
Trading ended with 32 securities changing hands, down from 36 on Tuesday, as prices of 16 securities advanced, 8 declined and 8 remained unchanged.
Market activities resulted in an exchange of 16,230,256 units valued at $62,517,388 compared to 6,233,349 units for $30,586,927 on Tuesday.
Trading ended with an average of 479,173 units for an average of $2,057,215 in contrast to 450,840 units for an average of $1,736,594 on Tuesday. The average volume and value for the month to date amounts to 138,412 units with a value of $563,215 for each security traded, compared to 119,198 units with a value of $473,306 traded previously. June ended with an average of 166,169 units at $674,841 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 9 stocks closing with bids higher than their last selling prices and 2 closed with lower offers. Stocks ending with price changes| AMG Packaging lost 8 cents in trading 89,430 shares to close at $2.27, Blue Power declined $1.20 in trading of 57,206 units to close at $13, Caribbean Cream exchanged 161 stock units and rose 29 cents higher to $5.29, Caribbean Flavours climbed 4 cents exchanging 1,778 shares at $16.10. Cargo Handlers lost 95 cents in trading of 200 units at $10, Caribbean Producers closed 1 cent higher at $4.80, with 52,587 stock units trading, Caribbean Producers ended trading with 52,587 shares, after rising 1 cent to end at $4.80, Consolidated Bakeries ended trading with 42,456 shares, after rising 11 cents to end at $2.20. Dolphin Cove ended trading with 1,200 shares, after rising 5 cents to close at $12.05, Express Catering climbed 25 cents and exchanged 242,715 shares to close at $6.50. Everything Fresh ended trading of 44,175 shares, after rising 11 cents to end at $1.31, Elite Diagnostic closed 5 cents higher at $5.70, with 252,600 stock units trading. Fosrich Group dipped 26 cents in trading of 32,841 units to end at $4.70, Fontana closed trading of 335,330 units and gained 25 cents to end at $8.75, GWest Corporation ended with a loss of 1 cent at $1.54 with 38,657 stock units changing hands, Indies Pharma lost 10 cents in trading of 69,350 units at $3.10. Jamaican Teas closed trading of 49,450 units and gained 65 cents to end at record closing high of $5.65, Knutsford Express climbed $1.52 to settle at $12.50 with 340,610 shares changing hands, Limners and Bards climbed 15 cents and exchanged 5,684,628 shares to end at a record closing high of $3.15. Lasco Distributors climbed 18 cents trading 513,676 shares to end at $3.33, Lasco Financial closed trading of 6,941,822 units and climbed 55 cents to end at $5.15, Lasco Manufacturing lost 15 cents in trading 50,166 units to close at $4.20. Iron Rock Insurance closed with a loss of 10 cents at $4, in swapping 59,344 shares, Stationery and Office Supplies gained $1.25 to end at a record high of $12.65, in trading 1,154 stock units and tTech ended trading of 10,410 shares, after rising 10 cents to close at $6.

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, Cargo Handlers, Caribbean Flavours, 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

Sedate trading on TTSE – Wednesday

July 31, 2019 by IC Insider.com

Trinidad & Tobago Stock Exchange inched higher on Wednesday, with the Composite Index rising 1.51 points to 1,398.73. The All T&T Index added 3.04 points to end at 1,780.04, while the Cross Listed Index lost 0.01 points to close at 137.72.
Market activity ended with 14 securities changing hands against 17 on Tuesday, of which, 5 advanced, 3 declined and 6 remained unchanged. Trading ended with 173,952 shares at a value of $3,902,423 compared to 298,128 shares changing hands with a value of $4,548,413, on Tuesday.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 4 stocks closing with bids that were higher than their last selling prices and one with a lower offer.
Gains| Republic Financial rose 13 cents to settle at $121.33, in exchanging 50 units, Sagicor Financial closed with an increase of 10 cents at $10.10, with 17,077 units trading, Scotiabank climbed 75 cents and settled at $59.75, with investors exchanging 12,215 shares. Unilever Caribbean added 99 cents and settled at $25, with 1,584 stock units changing hands and West Indian Tobacco ended trading of 522 shares and rose 26 cents to close at $110.25.
Losses| Clico Investments Fund shed 5 cents and settled at $24.05, after exchanging 63,700 shares, First Citizens Bank dropped 5 cents and completed trading of 6,823 shares at $39.95 and Massy Holdings declined 51 cents and settled at $54.49, with investors exchanging 6,675 shares.
Firm Trades| First Caribbean International Bank ended at $8.34, with investors exchanging 2,000 shares, Guardian Media settled at $10.75, with 1,752 stock units changing hands, JMMB Group completed trading of 40,484 units at $2.50, National Flour closed at $1.69, with 200 units crossing the exchange. Trinidad Cement completed trading at $2.45, with investors exchanging 100 shares and Trinidad & Tobago NGL traded 20,770 units in closing at $28.30.