The Trinidad & Tobago Stock Exchange, closed with all three main indices rising on Thursday. At the close, the Composite Index rose 1.86 points to 1,219.95, the All T&T Index gained 2.44 points to 1,694.97, while the Cross Listed Index added 0.17 points to 110.12.
At close, 14 securities changed hands, with the price of 5 rising, 2 declining and 7 remaining unchanged, against 14 trading on Wednesday.
The market ended trading of 602,213 shares valued $7,388,303, compared to 194,813 shares valued $1,743,710, changing hands on Wednesday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading closed with 6 stocks ending with higher bids than the last selling prices and 4 with lower offers.
Stocks closing with gains| JMMB Group gained 5 cents and settled at $1.65, after exchanging 1,958 shares, NCB Financial Group rose by 2 cents and completed trading at $5.75, after exchanging 10,752 shares, Republic Financial Holdings finished trading after an increase by 1 cent to a 52 weeks’ high of $103.70, after exchanging 466 shares, Trinidad & Tobago NGL closed with a gain of 1 cent at $29.17, after exchanging 50,171 shares and West Indian Tobacco finished 44 cents higher and ended at $88.44, with 205 units changing hands.
Stocks closing with losses| Clico Investments concluded trading with a loss of 30 cents at $19.50, with 57,592 stock units changing hands and Sagicor Financial traded 9,301 stock units, with a loss of 1 cent at $7.74.
Stocks trading with no price change| Ansa Mcal ended at $57, trading 200 units, First Citizens completed trading at $32.80, after exchanging 1,893 shares, Grace Kennedy closed at $2.70, with 244,500 stock units changing hands, Massy Holdings settled at $47, after exchanging 48,084 shares, National Enterprises ended at $8.96, with 173,016 stock units changing hands, One Caribbean Media settled at $12.11, after exchanging 4,000 shares and Scotiabank ended at $64.94, with 75 units changing hands.
Prices of securities trading for the day are those at which the last trade took place.
5 TTSE stocks rise 2 decline on Thursday
Fall in Scotia pushed market down
Scotia Group dropped to $56 from $61 close of Wednesday, Grace Kennedy fell to $61 from $63 and from a trade at $75 in early trading and Jamaica Broilers fell to $28 from $31 and pulled the main market of the Jamaica Stock Exchange under water, with 45 minutes of trading left for the day.
All the gains earlier in the morning that pushed the market into record territory was given up with the All Jamaica Composite Index pulling back 1,892.60 points from Wednesday’s close, to trade at 406,560 and the JSE Index fell 1,724.38 points to 370,422.16.
Earlier, the All Jamaica Composite Index on Wednesday moved higher by 3,093.31 points to a record 411,545.91.
All Jamaica claims 411,546 – Thursday
The main market of the Jamaica Stock Exchange broke through 410,000 mark based on movement of the All Jamaica Composite Index in early trading on Wednesday and moved higher by 3,093.31 points to a record 411,545.91.
The JSE Index that jumped to a record 374,251.61 in early trading moved on to 374,964.90 with gains of 2,818.36, The Junior Market rose 19.93 points to 3,401.72. Grace Kennedy raced to an all-time high of $75, NCB Financial moved up to a record of $131, Supreme Ventures climbed to $21.70, JMMB Group jumped to $35 and Mayberry Jamaican Equities traded at $12.
The main market broke through all resistance points, with the last being 400,000 points with the next big one being 510,000 points region. If it got there in 2018, would represent a gain of 24 percent from current levels and lift the gains for the year to 60 percent.
All Jamaica breaks 410,000
The main market of the Jamaica Stock Exchange continue to surge forward on Wednesday, with the All Jamaica Composite Index climbing 2,310.44 points to a record 410,763.04 after Grace Kennedy raced to an all-time high of $75.
The JSE Index gained 2,105.07 points to a record 374,251.61, The Junior Market rose 9.81 points to 3,391.60.
The main market has broken through all resistance points with the last being around 400,000 points and the next big one is at 510,000 points, which would represent a gain of 24 percent and lift the gains for the year to 60 percent.
The Junior Market sits just below a short term resistance that is holding it back from moving higher in the short term. Positive news is required for a number of the companies to move that market forward and that may be coming with new set of quarterly results that should start coming in a few days.
5 TTSE stocks fall 2 rise on Wednesday
The Trinidad & Tobago Stock Exchange, closed with all three main indices declining on Wednesday. At the close, the Composite Index fell 1.98 points to 1,218.09, the All T&T Index shed 0.90 points to 1,692.53, while the Cross Listed Index fell 0.42 points to 99.95.
At close, 14 securities changed hands, with the price of 2 rising, 5 declining and 7 remaining unchanged, against 14 trading on Tuesday.
The market ended trading of 194,813 shares valued $1,743,710, compared to 624,349 shares valued $13,033,986, changing hands on Tuesday.
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 3 with lower offers.
Stocks closing with gains| One Caribbean Media closed with a gain of 1 cent and settled at $12.11, after exchanging 800 shares and Trinidad & Tobago NGL rose 5 cents and completed trading at $29.16, after exchanging 6,167 shares.
Stocks closing with losses| Clico Investments fell 4 cents and ended at $19.80, with 8,118 stock units changing hands, First Caribbean International Bank closed with a loss of 10 cents and ended at $8.40, trading 412 units, Massy Holdings shed 5 cents and settled at $47 after exchanging 6,591 shares, Republic Financial Holdings lost 1 cent and settled at $103.69, after exchanging 3,124 shares and West Indian Tobacco ended trading 1,000 units, 44 cents lower at $88.
Stocks trading with no price change| Grace Kennedy closed at $2.70, with 140,000 stock units changing hands, Guardian Holdings ended at $16.90, trading 1,210 units, National Enterprises ended at $8.96, with 10 stock units changing hands, National Flour ended trading of 282 units at $1.60, Prestige Holdings ended at $7.53, with 24,306 units trading, Sagicor Financial closed at $7.75, with 475 stock units changing hands and Scotiabank ended at $64.94, trading 911 units.
Prices of securities trading for the day are those at which the last trade took place.