Stock Market — Page 550

Volume drops on TTSE – Tuesday

April 23, 2019 by IC Insider.com

Trinidad & Tobago Stock Exchange Head Quarters

Market activity resumed on the Trinidad & Tobago Stock Exchange after the Easter break ended on Tuesday with 95,377 shares at a value of $2,477,220 changing hands.
Trading resulted in 161,187 shares at a value of $3,029,240 occurring on Thursday. The market closed on Tuesday with 12 active securities against 11 on Thursday, leading to 4 advancing, 2 declining and 6 remaining unchanged.
At close of the market, the Composite Index fell 2.50 points on Tuesday to 1,327.80. The All T&T Index gained 2.05 points to 1,767.92, while the Cross Listed Index declined 0.98 points to close at 119.75.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended at 6 stocks with bids higher than their last selling prices and 3 with lower offers.
At the close of the market, stocks ending with gains| Massy Holdings jumped 90 cents to close at $54, after exchanging 2,629 shares, National Flour gained 8 cents and ended at $1.75, with an exchange of 5,000 units. Republic Financial Holdings advanced 5 cents and completed trading of 3,303 shares at $120.05 and Sagicor Financial advanced 2 cents $8.68, after exchanging 3,793 shares.
Stocks closing with losses| First Caribbean International Bank lost 24 cents in completing trading with 1,200 units at $8.11 and First Citizens concluded trading of 426 shares with a loss of 7 cents, to close at $36.55
Stocks closing firm| Clico Investments ended trading 11,815 stock units and fell 1 cent to $22.69, NCB Financial Group settled at $8.25, after exchanging 12,000 shares, Point Lisas ended at $3.45, with 5,457 stock units changing hands, Scotiabank concluded trading at $62.50, with 887 stock units changing hands. Trinidad & Tobago NGL ended at $29.40, with 46,895 units changing hands and Unilever Caribbean settled at $26.30, after exchanging 1,970 shares.

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

Junior Market trading rises – Tuesday

April 23, 2019 by IC Insider.com

Junior Market stock trading.

The Junior Market of the Jamaica Stock Exchange closed with increased volume and value over Thursday’s levels, but the market index lost 21.28 points to 2,954.74.
Trading resulted in an exchange of 1,647,966 units valued $7,220,502 compared to 971,622 units valued at $3,078,345 on Thursday. Investors exchanged 26 on Tuesday compared to 24 Thursday with prices of 14 rising 9 falling while 3 remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with bids higher than their last selling prices and 6 with lower offers.
Trading ended with an average of 63,383 units for an average of $277,712 in contrast to 40,484 units for an average of $128,264 on Thursday. The average volume and value for the month to date amounts to units 94,076 valued $336,678 and previously 134,650 valued $341,097 for each security traded. In contrast, March closed with an average of 195,942 shares valued at $777,498 for each security traded.

At the close of the market, Access Financial traded 200 units but lost 50 cents in closing at $45, AMG Packaging exchanged 57,778 stock units at $2.12, Cargo Handlers concluded trading with 15,000 units after rising 1 cent to close at $10.96, Caribbean Cream closed at $5.28, with 1,446 shares changing hands. Caribbean Flavours rose 50 cents to close at $16.50 with just 100 shares traded, Caribbean Producers finished trading 96,499 units with a gain of 23 cents to end at $4.85. Derrimon Trading ended with a rise of 20 cents at $2.71, with an exchange of 13,179 shares. Elite Diagnostic gained 7 cents to settle at $2.97, with 31,273 units changing hands, Express Catering lost 11 cents trading 2,600 shares to close at $7.11, Fontana finished trading 20,980 shares with a gain of 8 cents at $3.88. General Accident closed 29 cents down at $4, with an exchange of 32,418 stock units, GWest Corporation ended 2 cents higher at $1.33, with 19,828 units changing hands, Honey Bun traded 109,250 shares with a loss of 8 cents in closing at $3.75, iCreate added 9 cents in closing at 90 cents, with an exchange of 9,650 shares. Indies Pharma ended trading of 316,882 shares, with a rise of 9 cents at $3.10, Iron Rock settled 50 cents higher at $4, with 160,500 shares changing hands.

After a long period of inactivity, ISP Finance finally traded but fell $3 to close at $12.50 with exchange of a mere 100, Jamaican Teas traded with a loss of 35 cents at $3.55, with the swapping of 17,771 units. Jetcon Corporation gained 5 cents at $2.35, with 5,464 shares passing through the exchange, Knutsford Express concluded trading of 9,300 stock units at $11.90, Lasco Distributors dropped 10 cents and finished at $3.60, with an exchange of 19,550 units, Lasco Financial lost 1 cent and settled at $4.15, trading 10,781 shares. Lasco Manufacturing ended trading 79,700 shares, with an increase of 12 cents at $3.25, Main Event traded 5 cents higher at $5.05, with an exchange of 821 shares, Stationery and Office concluded trading with 481,767 shares at $6.75 and tTech closed 30 cents higher at $5.30, with an exchange of 8,361 stock units.

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: Access Financial, AMG Packaging, Best performing stock market, Cargo Handlers, Caribbean Flavours, Caribbean Producers, Daily Trading, Derrimon Trading, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, 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, Main Event, SSL Venture Capital, Stationery and Office, Trading Activity, tTech

Watch Sagicor & NCB

April 22, 2019 by IC Insider.com

Sagicor Cayman

Sagicor Group closed the shortened Easter week at $45 up from $38.15 at the close of the prior week following release of 2018 full year results.
The price could move higher this week with limited supply for sale on the market, below $50.
Helped by the sharp rise in the price of Sagicor, the main market climbed more than 8,000 points for the week, with the biggest move coming on Thursday of just under 7,000 points, while the Junior Market had no clear direction.
Trading for the week suggests that investors are over the impact on the market of the Initial Public Offer of Wigton Windfarm that opened on the 17 of April.
The release of some of the 2019 first quarter results are due late this week and are worth watching. Chief amongst them will be Caribbean Cement, NCB Financial Group and Supreme Ventures. While NCB’s results are due on Thursday and investors could react to them on Friday, others may not comeuntil after trading on Friday, as such may not have any impact until the following week.

NCB Financial traded at $145 on the JSE on Thursday.

Investors should keep an eye on, Wisynco that continues to hold just under $12. The company continues to expand the volume of products and companies it represents that augurs well for increased profit going forward. The stock remains one of the most appealing main market buys currently. RJR and Seprod remain attractive buys, continue on the watch list and are joined by Barita Investments.
The picture for the Junior Market is unclear but with Caribbean Cream full year results to February, due by the end of the week, it will be interesting how investors treat with it.

Filed Under: Stock Market, Stocks to watch Tagged With: Caribbean Cement, Emerging markets, Jamaica Stock Exchange, junior market, NCB Financial Group, Radio Jamaica, Seprod, Stocks to Watch, Supreme Ventures, Wigton Windfarm, Wisynco

Sharp jump in JSE indices – Thursday

April 18, 2019 by IC Insider.com

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Sagicor Group jumped $5.50 on Thursday.

Sagicor Group jumped $5.50 to help push the All Jamaican Composite Index a healthy 6,934.04 points to close at 427,060.76 on Thursday while the JSE Index jumped a sizable 6,301.17 points to 389,076.82.
Market activity picked up on the main market of the Jamaica Stock Exchange with 3,564,657 units valued $53,154,918 traded compared to 3,197,837 units valued $101,850,841 on Wednesday.
At the close, the main and US markets had 28 securities traded, compared to 29 on Wednesday leading to 10 advancing, 11 declining and 7 closing unchanged.
Sagicor Real Estate Fund led trading with 999,193 shares, accounting for 28 percent of total main market volume, followed by 1834 Investments with 623,879 units and 17.5 percent of the day’s trades and Radio Jamaica with 570,068 units for 16 percent of volume traded.
Market activity ended with an average of 132,024 units valued at an average of $1,968,701 for each security traded. In contrast to 114,208 units for an average of $3,637,530 on Wednesday. The average volume and value for the month to date amounts to 142,319 shares at $2,375,277 for each security, compared to 142,996 shares at $2,404,318 previously. Trading for March resulted in an average of 438,501 shares at $9,851,307, for each security traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 11 stocks ending with bids higher than their last selling prices and just 2 closing with lower offers.
In main market activity, Barita Investments gained 50 cents to close at $40, with an exchange of 239,307 shares, Caribbean Cement dropped $2.05 to $65 with 9,246 shares changing hands, Jamaica Broilers lost $2 to close at $31, with an exchange of 191,617 shares. Jamaica Producers fell 74 cents to close at $21.26, after trading 14,597 stock units, Kingston Wharves shed 50 cents to settle at $68, with 1,968 units changing hands. NCB Financial Group recovered the $1.20 lost on Wednesday in trading 64,859 shares, to close at $145, PanJam Investment jumped $3.69 to close at $81.70 after trading 17,858 units, Sagicor Group jumped $5.50 to $45 in an exchange of 77,600 shares. Sagicor Real Estate Fund jumped $1.60 to $10.60, in trading 999,193 shares, Scotia Group fell 30 cents and finished trading 7,881 shares at $50.20, Seprod closed at $42.20 with a loss of 30 cents while trading 48,132 shares. Stanley Motta lost 34 cents and ended at $4.66, in trading 638 shares and Supreme Ventures lost 50 cents in finishing at $26.50, with 43,452 units changing hands.
Trading in the US dollar market ended with just one security trading. Sygnus Credit Investments rose 1 cent and ended trading of 6,682 units at 10 US cents leaving the JSE USD Equities Index rose 0.87 points to close at 179.26.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 1834 Investments, 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

Junior Market trading drops – Thursday

April 18, 2019 by IC Insider.com

Main market volume contracts.

The Junior Market of the Jamaica Stock Exchange closed with volume dropping 67 percent and value down 69 percent from Wednesday’s levels, but the market index rose 22.78 points to 2,976.02.
Trading resulted in an exchange of 971,622 units valued at $3,078,345 compared to 2,931,075 units valued at $10,007,520 on Wednesday. Investors exchanged 24 pushed securities similar to Wednesday with prices of 8 rising 10 falling while 6 remaining unchanged.
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 2 with lower offers.
Trading ended with an average of 40,484 units for an average of $128,264 in contrast to 122,128 units for an average of $416,980 on Wednesday. The average volume and value for the month to date amounts to units 134,650 valued $341,097 and previously 100,529 valued $356,911 for each security traded. In contrast, March closed with an average of 195,942 shares valued at $777,498 for each security traded.
At the close of the market, AMG Packaging exchanged 280,000 stock units and ended at $2.12, Blue Power concluded trading with 4,320 units and lost 10 cents in closing at $4.40, CAC 2000 jumped $3 to close at $12, with 1,000 shares changing hands, Caribbean Producers finished trading 40,259 units, and rose 2 cents to end at $4.62. Derrimon Trading ended with a loss of 24 cents at $2.51, with an exchange of 41,946 shares. Dolphin Cove concluded trading 6,614 shares and rose 50 cents higher to $13, Elite Diagnostic settled at $2.90, with 10,500 units changing hands, Express Catering ended trading of 8,466 shares to close at $7.22, Fontana finished trading 39,497 shares with a loss of 20 cents at $3.80. General Accident closed 29 cents higher at $4.29, with an exchange of 5,400 stock units, GWest Corporation ended 2 cents higher at $1.33, with 19,828 units changing hands, Honey Bun traded 100 shares with a loss of 22 cents at $3.83, iCreate lost 4 cents in closing at 81 cents, with an exchange of 230 shares. Indies Pharma ended trading of 12,638 shares, with a loss of 4 cents at $3.01, Iron Rock settled 5 cents higher at $3.50, with 1,000 shares changing hands, Jamaican Teas traded with a loss of 20 cents at $3.90, with the swapping of 6,800 units. Jetcon Corporation finished trading with a loss of 5 cents at $2.30, with 2,427 shares passing through the exchange, Knutsford Express concluded trading of 1,543 stock units with a loss of 10 cents at $11.90, Lasco Distributors finished at $3.70, with an exchange of 216,373 units, Lasco Financial settled at $4.16, trading 21,660 shares. Lasco Manufacturing ended trading 185,100 shares, with a loss of 8 cents at $3.13, Main Event traded 5 cents higher at $5, with an exchange of 11,421 shares, Paramount Trading closed 1 cent higher at $2.50, with 49,500 units trading and Stationery and Office concluded trading at $6.75, with 5,000 shares 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, Daily Trading, Derrimon Trading, Dolphin Cove, Elite Diagnostic, Emerging markets, Express Catering, Fontana, 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, Main Event, Paramount Trading, Stationery and Office, Trading Activity

Volume picks up on TTSE – Thursday

April 18, 2019 by IC Insider.com

Market activity on the Trinidad & Tobago Stock Exchange ended on Thursday with trading in 11 securities against 20 on Wednesday, with 2 advancing, 3 declining and 6 remaining unchanged and West Indian Tobacco ending at a 52 weeks’ high.
At close of the market, the Composite Index fell 0.93 points to 1,330.30. The All T&T Index declined 1.85 points to 1,765.87, while the Cross Listed Index remained unchanged at 120.73.
Trading ended with 161,187 shares at a value of $3,029,240, compared to 56,733 shares on Wednesday valued at $2,324,434.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended at 5 stocks with bids higher than their last selling prices and 5 with lower offers.
At the close of the market, stocks ending with gains| Massy Holdings gained 5 cents and closed at $53.10, after exchanging 1,143 shares and West Indian Tobacco added 5 cents to end at a 52 weeks’ high of $98.85, with 1,360 stock units changing hands.
Stocks closing with losses| Clico Investments ended trading 1,231 stock units and fell 1 cent to $22.69, First Citizens concluded trading of 4,755 shares with a loss of 27 cents, to close at $36.62 and Trinidad & Tobago NGL traded with a loss of 10 cents and ended at $29.40, with 4,770 units changing hands.
strong>Stocks closing firm| Ansa Mcal ended at $55.24, trading 368 units, National Flour ended at $1.67, with an exchange of 109,010 units, Point Lisas closed at $3.45, with 4,543 stock units changing hands, Republic Financial Holdings completed trading of 3,090 shares at $120. Scotiabank concluded trading at $62.50, with 30,106 stock units changing hands and Unilever Caribbean settled at $26.30, after exchanging 811 shares.

Prices of securities trading for the day 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 Citizens, Massy Holdings, National Flour, NCB Financial Group, Point Lisas, Republic Financial Holdings, Scotiabank, Trading Activity, Trinidad & Tobago NGL, TTSE, Unilever Caribbean, West Indian Tobacco

JSE trading boosted – Wednesday

April 17, 2019 by IC Insider.com

Market activity picked up on the main market of the Jamaica Stock Exchange on Wednesday with 3,197,837 units valued $101,850,841 traded compared to 1,271,826 units valued $41,461,461 on Tuesday.
At the close of the market, the JSE All Jamaican Composite Index increased by 272.70 points to 420,126.72 and the JSE Index advanced 247.81 points to close at 382,775.65. The main and US markets had 29 securities traded, compared to 33 on Tuesday leading to 12 advancing, 9 declining and 8 closing unchanged.
Grace Kennedy led trading with 1,129,961 shares, accounting for 35 percent of total main market volume, followed by Wisynco Group with 670,925 units and 21 percent of the day’s trades and Radio Jamaica with 421,639 units for 13 percent of volume traded.
Market activity ended with an average of 114,208 units valued at an average of $3,637,530 for each security traded, in contrast to 43,856 units for an average of $1,429,706 on Tuesday. The average volume and value for the month to date amounts to 142,996 shares at $2,404,318 for each security, compared to 145,107 shares at $2,305,661 previously. Trading for March resulted in an average of 438,501 shares at $9,851,307, for each security traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 11 stocks ending with bids higher than their last selling prices and just 4 closing with lower offers.
In main market activity, Barita Investments rose $1.90 to close at $39.50, with an exchange of 74,708 shares, Caribbean Cement climbed $1.55 to $67.05, with a mere 10,981 shares changing hands, Grace Kennedy traded 1,129,961 stock units after falling 37 cents to end at $59.63, Jamaica Broilers climbed $1.80 to close at $33, with an exchange of 53,160 shares. Jamaica Producers fell 25 cents to close at $22, after trading 69,348 stock units, Kingston Wharves gained 50 cents to settle at $68.50, with 650 units changing hands. Mayberry Investments declined $1 trading 69,600 shares, to close at $7.50, Mayberry Jamaican Equities fell 50 cents trading 138,162 shares at $9.50. NCB Financial Group dropped $1.20 in trading with 14,174 shares, to close at $143.80, PanJam Investment lost 99 cents after ending at $78.01 and trading 41,290 units, Sagicor Group rose 45 cents to $39.50 in an exchange of 10,772 shares. Scotia Group rose 30 cents and finished trading 28,076 shares at $50.50, Seprod closed at $42.50 with a gain of 50 cents while trading 11,100 shares, Supreme Ventures gained $2 in finishing at $27, with 278,135 units changing hands and Wisynco Group gained 35 cents trading 670,925 units, to close at $11.70.
Trading in the US dollar market ended with just one security trading. Proven Investments ended trading with 5,000 units at 23 US cents leaving the JSE USD Equities Index unchanged at the close at 178.39.

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, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Victoria Mutual Investments, Wisynco Group

Volume dives on TTSE – Wednesday

April 17, 2019 by IC Insider.com

The volume and value of stocks trading on the Trinidad & Tobago Stock Exchange dived on Wednesday but the number of securities changing hands rose to 20, compared 14 on Tuesday but 7 were for a mere 10 units each.
At the close, investors exchanged 56,743 shares for $2,324,434 compared to 218,204 shares at $5,294,306, on Tuesday. The market closed with 4 stocks rising, 4 declining and 12 remaining unchanged. At the close, two securities ended at 52 weeks’ highs.
At the market’s close, the Composite Index added 0.18 points to 1,331.23. The All T&T Index rose 0.36 points to 1,767.72, while the Cross Listed Index closed unchanged at 120.73.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended at 5 stocks with bids higher than their last selling prices and 1 with a lower offer.
At the close of the market, stocks ending with gains| First Citizens rose 34 cents to a 52 weeks’ high of $36.89, after exchanging 127 shares, Guardian Holdings gained 5 cents, while trading 4,117 units to close at $18.55, LJ Williams B share, gained 5 cents and settled at a 52 weeks’ high of 95 cents, after exchanging 260 shares and Prestige Holdings rose 19 cents and completed trading of 10 units at $8.
Stocks closing with losses| Clico Investments lost 30 cents and ended at $22.70, with 23,849 stock units changing hands, Massy Holdings traded 658 shares and fell 95 cents to $53.05, National Flour fell 1 cent in completing trading of 1,500 units, at $1.67 and Point Lisas traded with a loss of 10 cents at $3.45, with 10 stock units changing hands.
Stocks closing firm| Agostini’s closed at $23.33, after exchanging 10 shares, Ansa Merchant settled at $37, trading 10 shares, Grace Kennedy ended at $3.35, with 30 stock units changing hands, JMMB Group ended at $1.75, after exchanging 1,210 shares. LJ Williams A Share completed trading 10 units at 20 cents, One Caribbean Media exchanged 2,938 shares to close at $10.30, Republic Financial Holdings settled at $120, after exchanging 10,102 shares, Sagicor Financial concluded trading of 10 shares at $8.66. Scotiabank ended at $62.50, with 2,200 stock units changing hands, Trinidad & Tobago NGL completed trading at $29.50, with 7,802 units, Unilever Caribbean closed at $26.30, after exchanging 1,880 shares and West Indian Tobacco ended at $98.80, with 10 stock units changing hands.

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

Filed Under: Stock Market, TTSE Market Tagged With: Agostini's, Ansa Merchant Bank, Clico Investments, Daily Trading, Emerging markets, Emerging Stock, First Citizens, Grace Kennedy, Guardian Holdings, JMMB Group, LJ Williams, Massy Holdings, National Flour, One Caribbean Media, Point Lisas, Prestige Holdings, Republic Financial Holdings, Sagicor Financial, Scotiabank, Trading Activity, Trinidad & Tobago NGL, TTSE, Unilever Caribbean, West Indian Tobacco

Junior Market trading climbs – Wednesday

April 17, 2019 by IC Insider.com

The Junior Market of the Jamaica Stock Exchange closed with volume rising 85 percent and value increasing 104 percent over Tuesday’s levels, but the market index lost 13.59 points to 2,953.24, down 9 percent for 2019 so far.
Trading resulted in an exchange of 2,931,075 units valued at $10,007,520 compared to 1,586,013 units at $4,904,015 on Tuesday. Investors exchanged 24 pushed securities down from 21 on Monday with prices of 8 rising 11 falling while 5 remained unchanged.
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 3 with lower offers.
Trading ended with an average of 122,128 units for an average of $416,980 in contrast to 75,524 units for an average of $233,524 on Tuesday. The average volume and value for the month to date amounts to units 100,529 valued $356,911 and previously 98,795 valued $352,089 for each security traded. In contrast, March closed with an average of 195,942 shares valued at $777,498 for each security traded.
At the close of the market, AMG Packaging ended with a loss of 11 cents at $2.12, with 2,713 stock units changing hands, Caribbean Cream ended trading 11,800 shares with a loss of 21 cents at $5.28, Caribbean Producers finished with a loss of 2 cents at $4.60, trading 28,000 units. Consolidated Bakeries closed with a loss of 15 cents at $1.80, with the trading of 14,500 shares, Derrimon Trading ended at $2.75, with 122,000 shares crossing the exchange, Elite Diagnostic settled with a loss of 7 cents at $2.90, with an exchange of 14,865 units, Express Catering ended trading of 6,900 shares and rose 16 cents to close at $7.22. FosRich Group closed 35 cents higher at $4.50, with 118,730 shares trading, Fontana finished trading 298,868 shares and rose 20 cents to $4. GWest Corporation ended with 174 units crossing the exchange with a loss of 2 cents at $1.31, Honey Bun concluded trading 35 cents higher at $4.05, with 105,198 shares, iCreate closed at 85 cents, with an exchange of 111,400 shares, Indies Pharma closed at $3.05, with 340,930 shares changing hands. Iron Rock settled with a loss of 5 cents at $3.45, with 1,500,000 shares. Jamaican Teas traded 55 cents higher at $4.10, with 8,500 units, Jetcon Corporation finished trading at $2.35, with 11,206 shares, Knutsford Express concluded trading with a loss of 30 cents at $12, with 7,025 stock units, Lasco Distributors finished with a loss of 5 cents at $3.70, with 22,724 units changing hands. Lasco Financial settled with an exchange of 3,295 shares and lost 24 cents at $4.16, Lasco Manufacturing ended trading 101,962 shares and closed 1 cent higher at $3.21, Paramount Trading closed 34 cents higher at $2.49, with 25,000 units changing hands. SSL Venture Capital ended 5 cents higher at $1.60, with an exchange of 5,100 shares and tTech settled with a loss of 30 cents at $5, with 64,585 stock units changing hands. In the junior market preference segment, CAC 2000 9% closed at $1.15, trading 5,600 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: Access Financial, 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, Main Event, Medical Disposables, Paramount Trading, SSL Venture Capital, Stationery and Office, Trading Activity, tTech

Wigton IPO weights on JSE trading – Tuesday

April 16, 2019 by IC Insider.com

Wigton IPO over shadows JSE trading.

Investors focus on the Wigton Windfarm initial public share offer that opens this Wednesday, continue to cast a shadow over the rest of the market, leading to reduced trading with just 1,271,826 units valued at over $41,461,461 exchanged on Tuesday compared to 1,439,179 units valued at just $37,607,638 on Monday.
Reports are that more than 4,500 applications were in the system before close of trading on Tuesday for what is turning out to be well sort after shares in the first renewable shares offer to come to the market.
Trading on the main market of the Jamaica Stock Exchange ended Tuesday with the JSE All Jamaican Composite Index climbing 2,743.03 points to 419,854.02 and the JSE Index advancing by 2,492.67 points to 382,527.84.
At the close of the main and US markets, 33 securities traded, compared to 28 on Monday leading to 10 advancing, 14 declining and 9 closing unchanged.

Mayberry Jamaican Equities led with 276,530 shares, accounting for 22 percent of total main market volume, followed by Sagicor Real Estate Fund with 146,545 units with 12 percent of the day’s trades and Scotia Group with a mere 120,670 units for 9 percent of volume traded.
Market activity ended with an average of 43,856 units valued at an average of $1,429,706 for each security traded, in contrast to 55,353 units at $1,446,448 on Monday. The average volume and value for the month to date amounts to 145,107 shares at $2,305,661 for each security, compared to 153,425 shares at $2,384,798 previously. Trading for March resulted in an average of 438,501 shares at $9,851,307, for each security traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 7 stocks ending with bids higher than their last selling prices and just 1 closing with a lower offer.
In main market activity, Barita Investments lost $1.90 to close at $37.60, with an exchange of 5,231 shares, Caribbean Cement declined $1 to $65.50, with a mere 770 shares changing hands, Carreras fell 28 cents trading 91,573 units at $8.75, Jamaica Broilers climbed $1.80 to close at $33, with an exchange of 53,160 shares. Jamaica Producers fell $1.15, to close at $22.25, after trading 5,990 shares, Jamaica Stock Exchange gained 67 cents to close at $17.25, after trading 18,622 shares, JMMB Group concluded trading 27,058 shares at $30.50, after gaining 50 cents, Kingston Wharves dropped $2 to settle at $68, with 1,500 units changing hands.

Mayberry Jamaican Equities rose 90 cents trading 276,530 shares at $9.50, PanJam Investment fell $2 and ended at $79 trading 10,830 units, Sagicor Real Estate Fund dropped $1.30 in an exchange of 146,545 shares to close at a 52 weeks’ low of $9, Seprod closed at $42 with a loss of 50 cents while trading 1,236 shares. Stanley Motta gained 50 cents to end at $5, exchanging 986 shares, Supreme Ventures gave up $1 in finishing at $25, with 34,782 units changing hands Sygnus Credit Investments shed 60 cents in trading 13,800 units to close at $11.40 and Wisynco Group gained 29 cents trading 64,250 units, to close at $11.35.
Trading in the US dollar market ended with 34,592 units valued $12,596. Eppley 5% preference share, closed at 98 US cents with 5,292 shares changing hands and JMMB Group 5.75% preference share settled gained 1 cent and ended at US$2.05 trading1,000 shares, Proven Investments ended trading with 20,000 units at 23 US cents and Sygnus Credit Investments shed 2 cents in trading 8,300 units to close at 9 US cents. The JSE USD Equities Index lost 0.89 points to close at 178.39.