The volume of stocks trading on the Jamaica Stock Exchange dropped to 3,772,367 units valued at $82,289,848, well down from 4,603,241 units valued at $166,353,769 on Friday.
The main trades were JMMB Group with 1,421,384 units, 37.68 percent of the day’s volume followed by Ciboney Group with 558,300 units 14.80 percent of volume traded and Victoria Mutual Investments with 519,329 units just 13.77 percent of the day’s trade.
Market activities resulted in 29 securities trading, compared to 25 on Friday, in the main and US markets. At the close, 12 securities gained, 7 declined and 10 traded firm and the All Jamaican Composite Index fell 133.11 points to 328,950.35 and the JSE Index lost 121.28 points to close at 299,710.93.
Stocks with major price changes are, Berger Paints that up 50 cents to $20, Grace Kennedy rising 99 cents to $49.99, Grace Kennedy rising 99 cents to $49.99, Jamaica Broilers gaining $1 to $22, NCB Financial Group trading at $95 after falling $1, Portland PJX gaining 62 cents to $10.12, Sagicor Group rallying $2.40 to $40.90, Sagicor Real Estate Fund that rose 70 cents to end at $15, Scotia Group advancing $1.82 to $52.87, Seprod that fell $2 to $29 and Wisynco falling 50 cents to $9.50.
Trading resulted in an average of 139,717 units valued at over $3,047,772, in contrast to 200,141 shares valued at $7,232,773 on Friday. For the month to date, an average of 167,512 units traded with an average of $4,972,872. May closed with an average of 589,414 shares with a value of $16,532.367, for each security traded.
In the US dollar market, < Proven Investments ended with 1,700 units trading with a loss of 2 cents to 20 US cents and JMMB Group 6% preference share finished trading with a fall of 1 cent, to 62 US cents, with 2,427 units trading. The JSE USD Equities Index lost 4.15 points to close at 167.21.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ended with bids higher than their last selling prices and 7 closing with lower offers.
For more details of market activities see – JSE main market indices jump sharply – Monday.
Daily Trading, Jamaican Stocks, Jamaica Stock Exchange,Trading Activity, Emerging markets, JMMB Group, Jamaica Broilers, Scotia Group, Grace Kennedy, NCB Financial,Caribbean Cement, Wisynco Group, Kingston Wharves, Productive Business Solution, Proven Investments, Sagicor Group
1834 Investments, Sagicor Real Estate Fund,
Supreme Ventures, PanJam Investment, Victoria Mutual Investments, Carreras, Margaritaville, Salada Foods, Seprod, Jamaica Producers, Portland JSX,
Calypso Fund drops $2 on TTSE – Monday
Calypso Macro Index Fund suffered another sharp fall of $2 to a 52 weeks’ low of $16 on the Trinidad & Tobago Stock Exchange on Monday but with a mere 10 units changing hands.
The stock which did not trade for a long time lost $2 when it traded for the second time in over a year on the May 23. Elsewhere market activity picked up sharply over the levels on Friday and ended with 738,852 shares valued at $6,383,542 compared to Friday’s trading of 168,587 shares valued at $1,793,714 and ended with 14 securities changing hands versus 13 on Friday, leading to 3 advancing, 6 declining and 5 remaining unchanged.
The Composite Index fell 3.48 points on Monday to 1,238.84, the All T&T Index shed 5.34 points to 1,725.28, while the Cross Listed Index fell 0.21 points to close at 101.16.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows the market continuing to be weak as it closed with 2 stocks ending with higher bids than the last selling prices and 4 with lower offers.
Gains| The price of Clico Investments increased 5 cents to end at $20.20, with 133,823 units, Massy Holdings rose 1 cent and concluded trading at $47.48, with 300 stock units changing hands and West Indian Tobacco closed with a gain of 10 cents at $88.50, with 5,500 stock units changing hands.
Losses| First Citizens closed with a loss of 1 cent and settled at $34.99, after exchanging 202 shares, Guardian Holdings closed with a loss of 68 cents and completed trading at $16.50, after exchanging 1,578 shares, JMMB Group shed 1 cent and concluded at $1.89, with 5,176 stock units changing hands, National Enterprises lost 15 cents, ending at $9.50, with 100 shares trading and Sagicor Financial ended trading 3 cents lower and ended at $7.97, with 121,664 units changing hands.
Firm Trades| Angostura Holdings concluded trading at $15.72, with 1,000 stock units changing hands, First Caribbean International Bank closed trading at $8.85, after exchanging 117,954 shares, Grace Kennedy ended at $3.05, with 351,000 units, Republic Financial Holdings ended at $102.65, with 500 stock units changing hands and Scotiabank completed trading at $65, after exchanging just 45 shares.
Prices of securities trading for the day are those at which the last trade took place.
TTSE trading inched higher – Friday
The Trinidad & Tobago Stock Exchange closed on Friday with 168,587 shares valued at $1,793,714 compared to Tuesday’s trading with 117,323 shares valued at $1,121,005.
Market activity, ended with 13 securities changing hands against 12 on Tuesday leading to 2 advancing, 4 declining and 7 remaining unchanged. The Composite Index fell 4.78 points on Friday to 1,242.32, the All T&T Index added 2.08 points to 1,730.62, while the Cross Listed Index fell 1.62 points to close at 101.37.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows the market continuing to be weak as it closed with 3 stocks ending with higher bids than the last selling prices and 5 with lower offers.
Gains| Republic Financial Holdings concluded trading with a gain of 2 cents completed trading at $102.65, with 357 stock units changing hands and Scotiabank jumped 72 cents to close at $65 after exchanging just 47 shares.
Losses| Angostura Holdings fell 3 cents to $15.72 and completed trading with 5,266 stock units changing hands, Massy Holdings lost 3 cents and completed trading at $47.47, with 60 stock units changing hands, NCB Financial Group fell 23 cents to end at $5.27, after exchanging 200 shares and Trinidad Cement closed at $3 with a loss of 5 cents, after exchanging 28,985 shares.
Firm Traded| At the close of trading, Clico Investments ended at $20.15 settled at $20.15, with 31,148 units, First Citizens ended at $35.00, after exchanging 4,573 shares, Grace Kennedy settled at $3.05, with 21,210 units trading, One Caribbean Media completed trading at $12.35, with 3,500 stock units changing hands, Point Lisas settled at $3.81, with 2,375 units, Sagicor Financial concluded trading at $8, with 65,690 units and Trinidad & Tobago NGL settled at $29.05, with 5,176 units changing hands.
Prices of securities trading for the day are those at which the last trade took place.