The Jamaica Stock Exchange main market closed with a number of stocks having large price changes and the market indices pulling back from the record close on Friday.
At the end of trading, the All Jamaica Composite Index dived 3,531.21 points to 414,919.49 and the JSE Index declined by 3,217.33 points to close at 378,038.62.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading shows 4 stocks ending with bids higher than the last selling prices and 4 closing with lower offers.
A total of 32 securities traded including 2 in the US dollar market, compared to 30 trading on Friday with the prices of 10 securities rising, 17 declining and 5 holding firm.
Sagicor Group traded at a 52 weeks’ closing high of $46.50, Mayberry Equities traded at an intraday high of $20 and ended at a 52 weeks’ closing high of $12.51 and Carreras traded at a 52 weeks’ intraday low of $8.80.
Trading ended with 3,865,461 units valued at $98,334,906 changing hands, compared with 17,261,656 units valued at $203,142,878 on Friday.
Trading closed with Carreras with 896,721 units and 23.2 percent of the day’s volume, dominating trading, followed by Jamaica Stock Exchange with 454,951 units and 11.77 percent of volume traded and Grace Kennedy trading 449,788 units or 11.64 percent of the day’s volume.
Trading resulted in an average of 128,849 units valued $3,277,830, in contrast to 595,230 units valued $7,004,927 on Friday. The average volume and value for the month to date amounts to 382,244 shares, valued $6,804,156 and previously, 406,926 shares, valued $7,181,976. September closed, with an average of 1,022,243 shares valued $15,752,876, for each security traded.
In the main market activity, Berger Paints shed 50 cents and closed at $22, trading 4,395 shares, Grace Kennedy rose 49 cents and ended trading 449,788 shares at $59.50, Jamaica Broilers lost 41 cents in trading 21,347 stock units, to close at $32.01, Jamaica Producers dropped $3 to close of $30 with 338,585 units changing hands, Kingston Wharves gained 50 cents in exchanging 6,921 stock units, to close at $82.50, Mayberry Investments lost 49 cents to close at $11.01 after trading 32,524 shares, NCB Financial Group lost 99 cents and ended at $129, trading 166,004 shares, PanJam Investment closed $1.50 lower at $64, with 77,368 stock units trading, Portland JSX traded 38,580 shares but fell 40 cents to close at $8.10, Pulse Investments gained 40 cents to $2.80 trading 261,000 shares, Sagicor Group jumped $4.02 to $46.50, trading 10,276 shares, Sagicor Real Estate Fund lost 40 cents to close at $14.50, trading 154,592 shares, Scotia Group rose $1 trading 4,055 units to close at $59, Seprod after dropping sharply by $12.50 on Friday, suffered another huge dive for the second day by $10.50 and finished trading at $39, with 2,000 shares changing hands after the announcement of the sale of 92 million shares at $23.99 each. Sterling Investments lost 50 cents to close at $22.50 while trading 27,270 shares, Supreme Ventures jumped $2.48 to end at $19.99, with 56,045 shares changing hands and Wisynco Group lost 30 cents to end at $10, trading 243,477 shares.
Trading in the US dollar market closed with 403,750 units valued at US$44,588 changing hands as Proven Investments ended trading just 1,750 to close at 21 US cents and Sygnus Credit Investments US dollar ordinary share traded 402,000 units and rose 0.05 cent to end at 11 US cents. The JSE USD Equities Index lost 0.90 points to 167.78.
More bucks hit TTSE market – Tuesday
Trading on the Trinidad & Tobago Stock Exchange resulted in more than twice the amount of funds involved in the market on Tuesday, than the amount on Monday but with slightly less volume.
The market ended trading of 530,843 shares at a value of $24,133,808 compared to 674,102 shares at a value of $11,376,325 changing hands on Monday and ended with 13 securities changing hands, against 20 trading on Monday with the price of 3 rising, 3 declining and 7 remaining unchanged.
Trading closed, with the Composite Index rising 9.15 points to 1,238.85, the All T&T Index adding 0.04 points to 1,703.19, while the Cross Listed Index rose 2.53 points to close at 104.20.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading closed with 5 stocks ending with higher bids than the last selling prices and 4 with lower offers.
Stocks closing with gains| Clico Investments rose 1 cent and settled at $19.51, with 11,063 stock units changing hands, NCB Financial Group added 36 cents and ended at $6.10, after exchanging 5,130 shares and Trinidad & Tobago NGL increased 2 cents and ended at $29.30, trading 38,204 shares.
Stocks closing with losses|Angostura Holdings share fell 1 cent and settled at $15.75, with 178,717 stock units valued at $.8 million changing hands, Republic Financial Holdings shed 1 cent and completed trading at $106, after exchanging 70,412 shares valued $7,463,830 and West Indian Tobacco lost 1 cent and concluded trading of 22 shares at $89.99.
Stocks trading with no price change| Ansa Merchant ended at $38.25, after exchanging 55,722 shares with a value of $2.15 million, Calypso Macro Index Fund traded 2,835 shares to close at $15.81, First Citizens ended at $32.65, after exchanging 625 shares, Massy Holdings completed trading at $47, after exchanging 2,720 units, National Enterprises settled at $8.97, with 2,500 stock units changing hands, One Caribbean Media completed trading at $12, after exchanging 8,132 shares and Scotiabank concluded trading at $64.89, with 154,761 units valued $10,042,335.
Prices of securities trading for the day are those at which the last trade took place.
Witco jumps $1 in TTSE trading – Monday
West Indian Tobacco climbed $1 in exchanging just 32 shares, to end at $90 in trading on the Trinidad & Tobago Stock Exchange on Monday as investors await the result of the 3 for 1 stock split vote on October 30.
The market enjoyed heightened levels of participating securities trading on Monday with 20 securities changing hands including two with just 3 units each, against 19 trading on Friday.
Trading closed with the price of 5 rising, 4 declining and 11 remaining unchanged, leading to the Composite Index rising 0.32 points to 1,229.70, the All T&T Index adding 0.75 points to 1,703.15, while the Cross Listed Index shed 0.02 points to close at 101.67.
The market ended trading of 674,102 shares at a value of $11,376,325 compared to 184,966 shares at a value of $3,912,783 changing hands on Friday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading closed with 7 stocks ending with higher bids than the last selling prices and 4 with lower offers.
Stocks closing with gains| First Caribbean International Bank gained 1 cent and concluded trading 1,000 units at $8.50, Guardian Holdings rose 14 cents to $16.89, with 59,854 units trading, National Enterprises finished trading after an increase by 1 cent and settled at $8.97, with 60,000 stock units changing hands and Scotiabank ended trading with an increase of 4 cents at $64.89, with 159 units changing hands.
Stocks closing with losses| First Citizens shares fell 5 cents and ended at $32.65, after exchanging 16,783 shares, Sagicor Financial share fell 1 cent and settled at $7.69, trading 453 stock units, Trinidad & Tobago NGL shed 3 cents and ended at $29.28, after exchanging 13,184 shares and Trinidad Cement lost 1 cent and completed trading at $2.74, after exchanging just 3 shares.
Stocks trading with no price change| Ansa Mcal concluded trading of 140,003 units at $56.99, Ansa Merchant ended at $38.25, after exchanging a mere 3 shares, Calypso Macro Index Fund traded 871 shares to close at $15.81, Clico Investments settled at $19.50, with 18,426 stock units changing hands, JMMB Group completed trading at $1.70, after exchanging 4,580 shares, Massy Holdings completed trading at $47, after exchanging 2,355 shares, National Flour concluded trading at $1.65, with 7,687 units, One Caribbean Media completed trading at $12, after exchanging 4,105 shares, Prestige Holdings concluded market activity at $7.52, with 2,958 units, Republic Financial Holdings completed trading at $106.01, after exchanging 3,058 shares and Unilever Caribbean settled at $25.50, with 244 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Republic jumped $2.25 in TTSE trading – Friday
Republic Financial Holdings recorded the biggest price movement in trading on the Trinidad & Tobago Stock Exchange on Friday, in jumping $2.25 in exchanging 9,667 shares, to end at a 52 weeks’ high of $106.01.
For the second trading day, the market enjoyed heightened levels of participating securities trading on Friday with 19 securities changing hands against 18 trading on Thursday.
Trading closed with the price of 6 rising, 5 declining and 8 remaining unchanged, leading to the Composite Index rising 8.20 points on Friday to 1,229.38, the All T&T Index adding 7.51 points to 1,702.40, while the Cross Listed Index rose 1.22 points to close at 101.69.
The market ended trading of 184,966 shares at a value of $3,912,783, compared to 674,102 shares at a value of $4,897,703 changing hands on Thursday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading closed with 4 stocks ending with higher bids than the last selling prices and 3 with lower offers.
Stocks closing with gains | First Caribbean International Bank finished trading 300 units and rose 9 cents to $8.49, Grace Kennedy closed with an increase of 29 cents to $2.99, with 30 stock units changing hands, Guardian Holdings ended trading of 562 units after gaining 3 cents to settle at $16.75, National Flour finished trading 2,979 units and rose by 5 cents to $1.65, and Trinidad & Tobago NGL concluded trading with a rise of 6 cents to $29.31, after exchanging 1,700 shares.
Stocks closing with losses| Clico Investments closed with a loss of 1 cent and at $19.50, with 41,149 stock units changing hands, Prestige Holdings closed with a loss of 4 cents and settled at a 52 weeks low of $7.52, trading 30,234 units, Sagicor Financial shed 6 cents and completed trading at $7.70, with 63,499 stock units changing hands, Scotiabank lost 5 cents and settled at $64.85, with 191 units trading and Unilever Caribbean ended trading 75 cents lower to close at a 52 weeks’ low of $25.50, with 910 stock units changing hands.
Stocks trading with no price change| Angostura Holdings completed trading at $15.76, with 11,122 stock units changing hands, Calypso Macro Index Fund traded 4,974 shares to close at $15.81, First Citizens closed at $32.70, after exchanging 1,870 shares, JMMB Group ended at $1.70, after trading 3,136 shares, Massy Holdings ended at $47, in exchanging 406 shares, National Enterprises completed trading at $8.96, with 150 stock units changing hands, Trinidad Cement ended at $2.75, after trading 1,787 shares and West Indian Tobacco settled at $89, with 10,300 units changing hands.
Prices of securities trading for the day are those at which the last trade took place.