5 TTSE stocks rise 2 decline on Thursday

Republic Bank traded at a 52 weeks’ high and inching higher.

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.

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

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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.

More records signaled for JSE

Jamaica Stock Exchange main market climbed to another record close on Wednesday past the 408,000 points mark based on the movement of the All Jamaica Composite Index. Closing quotes suggest that the market should move higher on Thursday.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading shows 10 stocks ended with bids higher than their last selling prices and only 1 closing with a lower offer, suggesting mostly gains ahead for stocks.
At the end of trading All Jamaica Composite Index climbed 3,109.71 points to close at a record closing high of 408,452.60 and the JSE Index jumped 2,833.30 points to a record close of 372,146.54.
A total of 32 securities traded including 3 in the US dollar market, compared to 29 trading on Tuesday with the prices of 20 securities rising, 5 declining and 4 that held firm. The market had 4 new highs during trading but ended with just two closing at a 52 weeks’ high.
The main market ended with 2,630,637 units valued at over $70,273,331 changing hands, compared to 3,284,901 units valued at $66,139,568 changing hands on Tuesday.
Trading closed with JMMB Group accounting for with 740,000 shares or 19.22 percent of the day’s volume, followed by Sagicor Group with 539,066 units and 14 percent of the volume traded and Grace Kennedy with 434,750 units and 11.3 percent of the day’s volume.
Trading resulted in an average of 132,745 units valued at over $3,474,891, in contrast to 97,431 shares valued at $2,602,716 on Tuesday. The average volume and value for the month to date amounts to 114,884 shares valued $2,790,409 and previously, 105,635 shares valued $2,435,945. 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 dropped $1.50 and ended at $21, trading 12,969 stock units, Caribbean Cement lost 90 cents to finish at $49.10, in trading 20,497 shares, Jamaica Broilers rose $1 in trading 25,397 stock units at $31, Jamaica Producers lost $2 to close at $30, trading 204,464 stock units, Kingston Wharves added $1.10 to close at a record $75.10, with 6,139 stock units changing hands, Mayberry Equities rose 15 cents to finish at closing high of $11.60, trading 122,247 stock units, PanJam Investment rose 5 cents and ended at 52 weeks’ closing high of $64.90, while exchanging 3,376 stock units, Portland JSX ended at $9 with 19,245 units trading after falling 50 cents, Pulse Investments lost 40 cents and concluded trading of 24,989 shares at $2.40, Sterling Investments close at $24, with 19,180 shares changing hands after trading at an all-time intraday high of $28 and Supreme Ventures rose $1.50 in trading 88,917 shares to end at $21.
Trading in the US dollar market closed with 70,385 units valued at $22,180 as JMMB Group 6 percent preference share concluded trading of 50,000 shares at $1.06, Margaritaville rose 4.1 cents and ended at $0.24 with 1,200 shares trading and Proven Investments traded 3,200 shares to close at 23 US cents. The JSE USD Equities Index advanced by 1.73 points to close at 174.64.

Junior Market edge higher – Wednesday

The Junior Market Index advanced 14.25 points on Wednesday to 3,381.79, after 27 securities changed hands, resulting in the prices of 10 securities rising, 10 declining and 7 remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 6 stocks ending with bids higher than their last selling prices, 1 closed with a lower offer.
Market activities, resulted in an exchange of 2,813,183 units valued at $9,853,139 compared to 1,606,501 units valued at $7,572,441 on Tuesday, from trading 28 securities.
Trading closed with an average of 104,192 units for an average of $364,931 in contrast to 57,375 units for an average of $270,444 on Tuesday. Trading for the month to date averages 68,664 for an average of $273,220 compared to averages of 50,901 and $227,364 previously. September, ended with an average of 484,335 at $2,628,299 for each security traded.
At the close of trading, AMG Packaging gained 5 cents to $1.95, in trading 1,197,742 stock units, Blue Power concluded trading of 13,398 units with a loss of 15 cents at $5.85, CAC2000 finished with a loss of 20 cents at $18.80, while exchanging 15,327 shares, Cargo Handlers settled at $15, with 338 shares trading, Caribbean Cream ended trading with a loss of 9 cents at $7.91, with 133,316 shares changing hands. Caribbean Flavours traded 1,000 stock units at $17, Caribbean Producers finished trading 55,688 units with a loss of 5 cents to end at $6.30, Consolidated Bakeries closed at $2, with an exchange of 1,000 shares, Derrimon Trading ended with a loss of 23 cents at $2.70, with 203,686 shares changing hands. Dolphin Cove concluded trading of 2,370 shares, rising $1.01 to $16, Elite Diagnostic finished with a loss of 8 cents at $3.07, with 87,300 stock units changing hands, Everything Fresh ended trading of 180,782 shares at $1.91, Express Catering ended trading 85,088 shares and rose 1 cent to $8.41, FosRich Group traded 71,006 shares at $3.30 after trading at an intraday high of $4. GWest Corporation closed with a loss of 7 cents at an all-time low of $1.90, with an exchange of 14,863 stock units, Honey Bun ended 15 cents higher at $3.85, with 23,041 units changing hands, Indies Pharma lost 9 cents and ended with 238,186 shares changing hands to close at $3.16. Jetcon Corporation ended trading of 66,436 stock units after rising 13 cents higher to $3.99, KLE Group finished trading with 6,276 shares at $3.80, Knutsford Express closed at $11.68, with 8,990 shares changing hands, Lasco Distributors ended 5 cents higher at $4.01, trading 165,267 shares, Lasco Financial concluded trading of 136,768 stock units and added 10 cents to close at $5.50, Lasco Manufacturing finished 10 cents higher at $3.85, with 21,530 units trading. Main Event settled 15 cents higher at $6.25, with 12,457 shares changing hands, Medical Disposables ended trading of 4,060 shares and rose 50 cents to $6, Stationery and Office finished trading with a loss of 1 cent at $9.19, with an exchange of 66,295 stock units and Sweet River closed with a loss of 6 cents at $3.80, with 973 units changing hands.
Prices of securities trading for the day are those at which the last trade took place.

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.

6 TTSE stocks rise 1 fall on Tuesday

The Trinidad & Tobago Stock Exchange, closed with the two main indices gaining on Tuesday. At the close, the Composite Index rising by 2.11 points to 1,220.07, the All T&T Index adding 4.16 points to 1,693.43, while the Cross Listed Index remained unchanged at 100.37.
At close, 14 securities changed hands, with the price of 6 rising, 1 declining and 7 remaining unchanged, against 12 trading on Monday.
The market ended trading of 624,349 shares valued $13,033,986, compared to 568,679 shares valued $22,800,556 changing hands on Monday.
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 2 with lower offers.
Stocks closing with gains| Ansa Mcal advanced $1.50 completed trading of 106,017 units at $57, Clico Investments gained 4 cents and ended at $19.84, with 6,868 stock units changing hands, First Citizens added 20 cents and settled at $32.80, while exchanging 3,185 shares, Prestige Holdings increased 3 cents and completed trading of 272,400 units at $7.53, Republic Financial Holdings rose 1 cent and ended at a 52 weeks’ high of $103.70, trading 414 shares and Trinidad Cement closed with a gain of 4 cents at $2.90, after exchanging 1,300 shares.
Stocks closing with losses| One Caribbean Media fell 1 cent to $12.10, after exchanging 300 shares.
Stocks trading with no price change| Guardian Holdings completed trading at $16.90, with 12,452 units changing hands, Massy Holdings closed at $47.05, after exchanging 460 shares, National Flourcompleted trading with 32,300 units at $1.60, Sagicor Financial ended at $7.75, with 134,470 stock units changing hands, Scotiabank completed trading of 27,555 units, at $64.94, Trinidad & Tobago NGL settled at $29.11, after exchanging 12,687 shares and West Indian Tobacco completed trading of 13,941 units at $88.44.
Prices of securities trading for the day are those at which the last trade took place.

New record high for JSE main market

Jamaica Stock Exchange main market surged past the 405,000 points for the first time based on the movement of the All Jamaica Composite Index on Tuesday aided by the prices of 20 stocks rising.
At the end of trading All Jamaica Composite Index advanced 2,242.60 points to a record close of 405,342.89 and the JSE Index rose 2,043.26 points to a record close of 369,313.24.
A total of 29 securities traded including 2 in the US dollar market, compared to 33 trading on Monday with the prices of 20 securities rising, 5 declining and 4 that held firm. The market closed with 4 new highs with three closing at a 52 weeks’ high and Radio Jamaica trading at a 52 week’s low of 90 cents.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and only 2 closing with lower offers.
The main market ended with 2,630,637 units valued at over $70,273,331 changing hands, compared to 3,284,901 units valued at $66,139,568 changing hands on Monday.
Trading closed with Sagicor Real Estate Fund accounting for 598,360 units or 22.75 percent of the day’s volume, followed by Wisynco Group with 522,434 units and 19.86 percent of the volume traded and NCB Financial Group with 211,075 units and 8 percent of the day’s volume.
Trading resulted in an average of 97,431 units valued at over $2,602,716, in contrast to 113,272 shares valued at $2,280,675 on Monday. The average volume and value for the month to date amounts to 1,022,243 shares valued $15,752,876. September closed, with an average of 1,022,243 shares valued $15,752,876, for each security traded.
In the main market activity, Caribbean Cement rose $2 to finish at $50, in trading 157,526 shares, Grace Kennedy climbed $3 and ended trading 39,239 shares at a 52 weeks’ high of $63, Jamaica Producers rose $4 to close at 52 weeks’ closing high of $32, trading 59,422 stock units, JMMB Group gained 49 cents and ended at $32.99, with 150,136 shares trading, Kingston Wharves added $2 to close at $74, with 5,513 stock units changing hands, Mayberry Investments climbed 25 cents to finish at $8.50, with 93,300 stock units trading, Mayberry Equities rose 45 cents to finish at $11.45, trading 21,567 stock units, NCB Financial Group climbed $1.25 and ended trading of 211,075 shares at $130, while 138 Student Living rose $1.20 and finished at $5 while trading 10,000 stock units, PanJam Investment jumped 35 cents and ended at 52 weeks’ closing high of $64.85, while exchanging 76,624 stock units, Portland JSX climbed $1.15 and ended at $9.50, in exchanging 51,000 units. Sagicor Real Estate Fund jumped $1.89 to settle at $13, trading 598,360 shares, Salada Foods rose $1.20 and ended trading of 101,826 stock units at 52 weeks’ high of $20, Seprod traded 1,605 units after gaining 50 cents to close at $43.50, Scotia Group lost $1.10 trading 6,756 units to close at $60.90, Sterling Investments jumped $1 to end at a 52 weeks’ closing high at $24, with 22,457 shares changing hands and Supreme Ventures dropped $4.40 in trading 27,237 shares to end at $19.50.
Trading in the US dollar market closed with 70,385 units valued at $22,180 as JMMB Group 5.75 percent preference share concluded trading of 3,385 shares at $2 and Proven Investments traded 67,000 shares and rose 3 cents to close at 23 US cents. The JSE USD Equities Index advanced by 11.88 points to close at 172.91.

Junior Market stocks fall again – Tuesday

The Junior Market Index declined 29.46 points to close at 3,367.54 at the end of trading, after 28 securities changed hands, resulting in the prices of 7 securities rising, 12 declining and 9 remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 7 stocks ending with bids higher than their last selling prices, 2 closed with lower offers. This reading suggests that declining stocks should exceed those advancing for the second day in a row.
Market activities, resulted in an exchange of 1,606,501 units valued at $7,572,441 compared to 1,142,126 units valued at $4,705,199 on Monday, from trading of 26 securities.
Trading closed with an average of 57,375 units for an average of $270,444 in contrast to 43,928 units for an average of $180,969 on Monday. Trading for the month to date averages 50,901 for an average of $227,364. September, ended with an average of 484,335 at $2,628,299 for each security traded.
At the close of trading, AMG Packaging ended with a loss of 1 cent at $1.90, with 46,425 stock units changing hands, Blue Power concluded trading of 23,701 units at $6, CAC 2000 finished 25 cents higher at $19, trading 2,827 shares, Caribbean Cream ended trading 15,184 shares at $8, Caribbean Producers finished trading at $6.35, after swapping 4,250 units. Derrimon Trading ended 3 cents higher at $2.93, with 102,401 shares changing hands, Dolphin Cove lost $1.51 to close at $14.99, with 10,551 shares trading, Elite Diagnostic finished 10 cents higher at $3.15, exchanging 53,573 stock units, Eppley rose by $2 to $10, with 500 units trading. Everything Fresh fell 8 cents and ended trading of 215,740 shares at $1.91, Express Catering fell 10 cents to $8.40, exchanging 67,913 shares, FosRich Group traded 2,300 shares, with a loss of 20 cents at $3.30, General Accident finished trading at $3.80, with 25,362 shares, GWest Corporation closed with a loss of 8 cents at a 52 weeks’ low of $1.97, with 32,274 stock units changing hands. Honey Bun ended at $3.70, exchanging 6,416 units, Indies Pharma lost 7 cents with 74,921 shares changing hands to close at $3.25. Iron Rock concluded trading with 155,898 shares with a loss of 10 cents at $4.90, Jamaican Teas settled with a loss of 20 cents at $4.65, with 68,523 shares changing hands, Jetcon Corporation ended trading of 5,100 stock units at $3.86. KLE Group finished trading of 1,871 shares at $3.80, Knutsford Express closed 32 cents higher at $11.68, with 1,370 shares trading, Lasco Distributors ended with a loss of 14 cents at $3.96, in exchanging 195,513 shares, Lasco Financial concluded trading with a loss of 10 cents at $5.40, with 232,236 stock units trading. Lasco Manufacturing finished at $3.75, trading 60,638 units, Main Event settled 18 cents higher at $6.10, in exchanging 6,383 shares, Paramount Trading traded with a loss of 25 cents at $2.75, with 7,069 shares and Stationery and Office finished trading of 177,532 stock units 10 cents higher at $9.20.
Prices of securities trading for the day are those at which the last trade took place.