Stock Market — Page 650

JSE rise on reduced volume on Wednesday

February 28, 2018 by IC Insider.com

Main Market activity on the Jamaica Stock Exchange remained elevated on Wednesday, ending trading on with 5,402,156 units valued at $66,110,510 changing hands versus 8,204,593 units valued at $155,870,781 on Tuesday.
Main Market of the Jamaica Stock Exchange Market activity ended with 27 securities traded ending with 11 securities rising, 8 falling, 8 trading firm. The JSE All Jamaican Composite Index climbed 1,154.95 points to 321,207.65 and the JSE Index advanced by 1,052.29 points to 292,656.49.
In the main market activity, Barita Investments closed with a loss of 70 cents at $7, with 20,270 shares, Berger Paints ended $1.50 higher at $20, with 71,216 stock units, Cable & Wireless concluded trading with a loss of 4 cents at $1.21, with 109,384 units, Carreras finished at $10.95, with 54,081 shares, Caribbean Cement settled $1 higher at $36, with 359,865 shares. Ciboney Group ended trading at $0.10, with 658,995 shares, Grace Kennedy traded 25 cents higher at $44.25, with 4,213 stock units, Jamaica Broilers finished trading at $18.98, with 158,864 units, Jamaica Producers closed with a loss of 40 cents at $15.10, with 5,232 shares. Jamaica Stock Exchange ended 55 cents higher at $7, with 4,150 shares, JMMB Group concluded trading $1 higher at $26, with 29,850 shares, Kingston Wharves settled with a loss of 60 cents at $42, with 46,183 units, Mayberry Investments ended trading 29 cents higher at $5.01, with 5,100 shares. NCB Financial Group traded 95 cents higher at $100, with 31,179 shares,138 Student Living ended at $5.50, with 100 shares changing hands, PanJam Investment ended at $41, with 4,880 units, Portland JSX Fund concluded trading with a loss of 22 cents at $10, with 2,000 shares, Radio Jamaica settled with a loss of 1 cent at $1.09, with 45,953 shares. Sagicor Group ended trading 50 cents higher at $37.50, with 68,614 stock units, Sagicor Real Estate Fund ended trading at $16, after hitting an intraday all-time high of $17, with 24,139 shares trading. Salada Foods traded $1 higher at $11.50, with 50,000 units, Scotia Group finished trading with a loss of $1 at $52, with 39,787 shares, Sterling Investments ended at $13, with 3,240 shares. Supreme Ventures concluded trading at $11.95, with 21,100 stock units, Victoria Mutual Investments finished 7 cents higher at $4.46, with 247,305 units, Wisynco Group settled $1.19 higher at $11.49, with 3,266,124 shares and In the main market preference segment, JMMB Group closed a 52 weeks’ low of 85 cents higher after losing 15 cents, with 70,332 shares changing hands.

Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “”JSE majors in month end jump – Wednesday.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Barita Investments, Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Money Market Brokers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB, JMMB Group, Kingston Wharves, Mayberry Investments, NCB Financial Group, PANJAM Investment, Proven Investments, Pulse Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Salada Foods, Scotia Group, Seprod, Supreme Ventures, Trading Activity, Victoria Mutual Investments, Wisynco

Most stock prices unchanged on TTSE – Wednesday

February 28, 2018 by IC Insider.com

Market activity on the Trinidad & Tobago Stock Exchange ended on Wednesday with 374,321 shares valued at $3,174,202 trading, compared to 318,277 shares valued at $4,465,418 on Tuesday.
The market closed with the prices of 2 stocks rising, 4 declining and 8 remaining unchanged with trading in 14 securities against 16 on Tuesday. At close the Composite Index rose 0.58 points to 1,700.23, the All T&T Index added 0.23 points to 1,699.65, while the Cross Listed Index shed 0.01 points to close at 113.
IC bid-offer Indicator|At the end of trading, on Tuesday, the Investor’s Choice bid-offer indicator reading shows 5 stocks with bids lower than their last selling prices and 6 with lower offers.
Gains| Massy Holdings concluded trading 20 cents and settled at $47.50, with 615 stock units changing hands and Scotiabank added 14 cents and ended at $61.90, trading 500 shares.
Losses| Clico Investments lost 25 cents and concluded at $19.75, with 8,950 units, First Citizens ended trading 1 cent lower and completed at $32.11, trading 7,762 shares, National Enterprises concluded trading with a loss of 2 cents and concluded at $9.65, with 3,000 units and Sagicor Financial traded with a loss of 1 cent and concluded at $7.82, with 5,000 units.
Firm Traded| Angostura Holdings settled at $15.67, with 200 stock units changing hands., First Caribbean International Bank ended at $9.30, trading 114,176 shares, Grace Kennedy concluded at $3.35, with 67,009 units, JMMB Group settled at $1.91, with 4,200 stock units changing hands. NCB Financial Group completed at $6.53, trading 152,927 shares. Prestige Holdings ended at $10.01, trading 1,000 shares, Republic Financial Holdings settled at $101.50, with 944 stock units changing hands and Trinidad & Tobago NGL completed trading at $27.11, with 8,038 shares 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: Daily Trading, Emerging markets, Emerging Stock, First Caribbean International Bank, First Citizens, Grace Kennedy, JMMB Group, Massy Holdings, National Enterprises, NCB Financial Group, Republic Financial Holdings, Sagicor Financial, Scotiabank, Trading Activity, Trinidad & Tobago NGL, TTSE

Junior Market trading picks up – Tuesday

February 27, 2018 by IC Insider.com

Trading in GWest shares accounted for more than 3.7m units.

The Junior Market enjoyed robust trading on Tuesday with 27 securities changing hands, up from 23 on Monday.
The market closed with an exchange of 6,804,974 units valued at $25,440,524 compared to 1,526,211 units valued at $4,615,508 on Monday. The Junior Market index lost 19.93 points to 2,896.41 as the prices of 10 securities advanced, 11 declined and 6 remained unchanged.
Trading ended with an average of 252,036 units for an average of $942,242 compared to an average of 66,357 units for an average of $200,674 on Monday. An average of 272,715 units at an average value of $1,495,774 traded, and previously 274,310 units at an average value of $1,538,475. In contrast, January closed with an average of 122,386 shares, valued at $489,704 for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ending with the bid higher than the last selling price and 3 with lower offers.
At the close of the market, Access Financial jumped by $5 higher to $50, with 71,095 shares changing hands, AMG Packaging ended with a loss of 24 cents at $2.20, with 115,129 stock units, Cargo Handlers settled with a loss of 1 cent at $10.89, with 1,000 shares, Caribbean Cream ended trading with a loss of 3 cents at $6.17, with 4,000 shares, Caribbean Flavours traded at $10.90, with 2,650 stock units. Caribbean Producers finished trading 40 cents higher at $4.40, with 100 units, Derrimon Trading concluded market activity with a rise of 50 cents to $7.50, with 13,559 shares, Elite Diagnostic settled 3 cents higher at $2.70, with 1,297,976 units, Eppley concluded trading at $10, with 80,000 units, Express Catering ended trading 3 cents higher at $4.33, with 8,000 shares. FosRich Group traded with a loss of 19 cents at $2.51, with 62,000 shares, General Accident finished trading 10 cents higher at $2.90, with 438,271 shares, GWest Corporation rose 40 cents and closed at $3, with 3,703,621 stock units, Honey Bun ended with a loss of 1.05 cents at $4.10, with 355,724 units.

Iron Rock concluded trading at $3, with 3,300 shares, Jamaican Teas settled with a loss of 5 cents at $4.70, with 100,150 shares, Jetcon Corporation ended trading at $4.60, with 65,965 stock units, KLE Group finished trading at $2.30, with 4,325 shares. Knutsford Express closed at $15, with 32,400 shares, Lasco Distributors ended with a loss of 10 cents at $4.30, with 184,234 shares, Lasco Financial concluded trading with a loss of 5 cents at $4.80, with 176,447 stock units, Lasco Manufacturing finished with a loss of 13 cents at $4.30, with 43,940 units. Main Event settled with a loss of 18 cents at $5.85, with 4,668 shares, Medical Disposables ended trading at $4.85, with 3,000 shares, Stationery and Office finished trading 4 cents higher at $5.06, with 25,555 stock units and tTech ended 45 cents higher at $5.45, with an exchange of 7,465 shares. In the junior market preference segment, Eppley settled 4 cents higher at $7.29, with 400 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: Access Financial, AMG Packaging, Blue Power, C2W Music, CAC2000, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, Elite Diagnostics, Emerging markets, Eppley, Express Catering, FosRich, GWest, Honey Bun, ISP Finance, Jamaica Stock Exchange, Jamaican Stock, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Main Event, Medical Disposables, Paramount Trading, Stationery and Office, Trading Activity, tTech

50% premium for JMMB shares on TTSE

February 27, 2018 by IC Insider.com

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JMMB Group closed on the Trinidad & Tobago Stock Exchange on Tuesday at $1.91, around J$36, a huge premium of approximately 50 percent to the price in Jamaica of $25. At the close, there was no stock on offer, the bid ended at $1.91 to buy 70,000 units.
Demand for the stock is flowing from a strong 39 percent rise in the investment house third quarter profits to December last year.
Market activity, closed with a mere 318,277 shares valued at $4,465,418 trading, compared to 1,126,271 units with a valued of $14,736,676 on Monday.
The market closed with 5 stocks rising, 3 declining and 8 remaining unchanged with trading in 16 securities against 12 on Monday. At close the Composite Index rose 1.09 points on Tuesday to 1,268.56, the All T&T Indexadded 0.23 points to 1,699.65, while the Cross Listed Index gained 0.27 points to close at 113.01.
IC bid-offer Indicator|At the end of trading, on Monday, the Investor’s Choice bid-offer indicator reading shows 4 stocks with bids lower than their last selling prices and 4 with lower offers.
Gains| First Citizens rose 1 cent and settled at $32.12, trading 2,425 shares, JMMB Group closed with a gain of 6 cents and concluded market activities at $1.91, with 30,000 stock units changing hands. National Enterprises gained 2 cents and ended at $9.67, with 43,089 units changing hands, Prestige Holdings finished trading with a gain of 1 cent to $10.01, in exchanging 5,000 shares and Sagicor Financial rose 1 cent and ended at $7.83, with 10,833 units.
Losses| Republic Financial Holdings fell 2 cents and concluded trading at $101.50, with 12,547 stock units changing hands, Trinidad & Tobago NGL share fell 1 cent and settled at $27.11, trading 3,000 shares and Unilever Caribbean shed 1 cent and ended at $29, with 18,629 units changing hands.
Firm Traded| Angostura Holdings concluded trading at $15.67, with 3,000 stock units changing hands, Ansa Mcal ended at $60, with 4,225 units, Clico Investments closed at $20, with 5,664 units, First Caribbean International Bank completed market activities at $9.30, trading 121,000 shares, Guardian Holdings ended at $16.50, exchanging 1,300 shares. LJ Williams B share settled at 75 cents, after trading 4,065 units, National Flour closed at $1.86, trading 6,227 shares and NCB Financial Group settled at $6.53, with 47,273 shares 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: Daily Trading, Emerging markets, Emerging Stock, First Citizens, Grace Kennedy, Guardian Holdings, JMMB Group, LJ Williams, National Enterprises, National Flour Mills, NCB Financial Group, Prestige Holdings, Republic Financial Holdings, Sagicor Financial, Trading Activity, Trinidad & Tobago NGL, TTSE, Unilever Caribbean

JSE trading jumps higher on Monday

February 27, 2018 by IC Insider.com

Main Market activity on the Jamaica Stock Exchange picked up sharply on Monday, ending with more than twice the volume and value of trading on Friday as 9,756,068 units valued at over $152,399,537 changed hands versus 4,322,228 units valued at over $69,892,327 Friday.
Main Market of the Jamaica Stock Exchange Market activity ended with 27 securities traded ending with 9 securities rising, 10 falling, 8 trading firm, leading to market indices to just eking out a moderate fall. The JSE All Jamaican Composite Index fell by 296.85 points to 318,961.81 and the JSE Index lost 270.46 points to 290,610.27.
In the main market activity, Berger Paints ended 50 cents higher at $17.75, with 8,158 stock units, Cable & Wireless concluded trading 14 cents higher at $1.39, with 1,106,514 units, Carreras finished $10.85 higher at $10.85, with 539,399 shares, Caribbean Cement settled $1.45 higher at $33, with 50,831 shares, Ciboney Group ended trading at 10 cents, with 1,199,900 shares. Grace Kennedy traded 51 cents higher at $43.51, with 545,333 stock units, Jamaica Broilers finished trading at $18.55, with 905,895 units, Jamaica Producers closed with a loss of 14 cents at $15.01, with 1,748,275 shares, Jamaica Stock Exchange ended with a loss of 55 cents at $6.45, with 750 shares. JMMB Group concluded trading 40 cents higher at $25, with 20,794 shares, Kingston Wharves settled with a loss of 15 cents at $42.45, with 674 units, Mayberry Investments ended trading 10 cents higher at $4.85, with 1,200 shares, NCB Financial Group traded with a loss of 1.02 cents at $98.97, with 11,830 shares. 1834 Investments finished trading with a loss of 8 cents at $1.20, with 11,000 shares, Palace Amusement closed at $560, with 100 stock units, PanJam Investment ended 25 cents higher at $41, with 670 units, Pulse Investments finished with a loss of 19 cents at $1.80, with 28,096 shares. Radio Jamaica settled 5 cents higher at $1.10, with 1,141,002 shares, Sagicor Group ended trading with a loss of 54 cents at $36.01, with 1,912,055 stock units and Sagicor Real Estate Fund ended trading at $14.50, with 5,150 shares Scotia Group finished trading with a loss of 50 cents at $53, with 6,955 shares, Seprod closed at $29.05, with 2,879 shares. Supreme Ventures concluded trading with a loss of 20 cents at $11.70, with 75,366 stock units, Victoria Mutual Investments finished with a loss of 9 cents at $4.30, with 141,829 units and Wisynco Group settled 10 cents higher at $10.50, with 96,567 shares. In the main market preference segment, Jamaica Money Market traded with a loss of 5 cents at $1.95, with 9,365 stock units, JMMB Group closed with a loss of 2 cents at $1, with 55,500 shares, 138 Student Living ended with a loss of 60 cents at $5.40, with 129,981 shares changing hands.

Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE main market fell on Monday.”

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Money Market Brokers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB, JMMB Group, Kingston Properties, Kingston Wharves, Mayberry Investments, NCB Financial Group, PANJAM Investment, Proven Investments, Pulse Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Salada Foods, Scotia Group, Seprod, Supreme Ventures, Trading Activity, Victoria Mutual Investments, Wisynco

JSE main market lost ground again – Monday

February 26, 2018 by IC Insider.com

NCB lost ground following the lapsing of the offer to acquire majority shares in Guardian Holdings.

The Main Market of the Jamaica Stock Exchange closed down on for the second time in two days on Monday, with JSE All Jamaican Composite Index dropping 296.85 points to 318,961.81 and the JSE Index falling 270.46 points to 290,610.27.
Trading on Monday closed 28 securities changing hands with 8 advancing, 14 declining and 6 trading firm in the main and US dollar markets.
The securities with the largest price changes include, Caribbean Cement with a gain of $1.45 to $33 and NCB Financial that traded with a loss of $1.02 to end at $98.97 after the acquisition deal to buy up to 62 percent of Guardian Holding was cancelled due to investigations into the deal being carried out by the securities commission of Trinidad.
Main market activity ended with 9,756,068 units valued at over $152,399,537 compared to 4,322,228 units valued at $69,892,327 on Monday. Sagicor Group accounted for 19.6 percent of shares traded with 1,912,055 units, followed by Jamaica Producers 17.9 percent with 1,748,275 units and Ciboney Group with 12.3 percent and ending trading with 1,199,900 shares.
Trading results in an average of 348,431 shares valued at $5,442,841 for each security traded, in contrast to 160,083 shares valued at $2,588,605 on Friday. The average volume and value for the month to date amounts to 213,111 units valued at $3,322,294 and previously, 204,802 units valued at $3,183,567. In contrast, January closed with average of 349,084 units at an average of $5,801,440 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and 4 with lower offers.
There was no trading in the US dollar market.
For more details of market activities see – JSE trading jumps higher on Monday.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Caribbean Cement, Ciboney, Daily Trading, Emerging markets, Guardian Holding, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, NCB Financial, PANJAM Investment, Proven Investments, Sagicor Group, Trading Activity

TTSE suffers fall in indices – Monday

February 26, 2018 by IC Insider.com

Guardian Group fell 50 cents as NCB Financial offer to buy up 62% of the Insurance group lapses.

Market activity on the Trinidad & Tobago Stock Exchange ended on Monday with trading in 12 securities against 17 on Friday, The market closed with 1 stock rising, 2 declining and 9 remaining unchanged.
At close of the market the, Composite Index shed 1.24 points on Monday to 1,267.47, the All T&T Indexfell 2.15 points to 1,699.42, while the Cross Listed Index declined 0.04 points lower to close at 112.74.
Trading ended with 283,184 shares at a value of $14,736,676, compared to 1,126,271 shares at a value of $14,736,676.
IC bid-offer Indicator| IC bid-offer Indicator|At the end of trading, on Friday, the Investor’s Choice bid-offer indicator reading shows 6 stocks with bids lower than their last selling prices and 4 with lower offers.
Gains| Trinidad & Tobago NGL rose 2 cents and ended at $27.12, trading 12,050 shares.
Losses| Guardian Holdings shares fell 50 cents in concluding trading at $16.50, with 409 shares as the NCB Financial offer to buy majority shares in the group lapsed and One Caribbean Media closed with a loss of 2 cents at $12.48, after 250 stock units changed hands.
Firm Traded| Clico Investments settled at $20, with 12,755 units, First Caribbean International Bank concluded trading at $9.30, with 62,574 shares changing hands, First Citizens ended at $32.11, exchanging 3,363 shares, Grace Kennedy settled at $3.35, with 15,000 units, LJ Williams A share closed at 22 cents, trading 10,273 shares. Massy Holdings ended at $47.30, with 3,390 stock units changing hands. National Enterprises settled at $9.65, with 179 units, NCB Financial Group ended at $6.53, trading 168,678 shares, Republic Financial Holdings completed trading at $101.52, with 150 stock units changing hands and Scotiabank concluded market activity at $61.76, trading 4,386 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: Daily Trading, Emerging markets, Emerging Stock, First Caribbean International Bank, First Citizens, Grace Kennedy, Guardian Holdings, Massy Holdings, National Enterprises, NCB Financial Group, One Caribbean Media, Republic Financial Holdings, Scotiabank, Trading Activity, Trinidad & Tobago NGL, TTSE, Unilever Caribbean

tTech, LasFin & Blue Power in TOP 10

February 26, 2018 by IC Insider.com

The Junior Market is up 7.5 percent for the year to date, helped considerably by three new listings since late December and recovery in the prices of three Lasco companies and a few others.
Investors pushed Treasury bill rates sharply down by 22 percent from 4.63 in December to 3.593 percent in February, while the central bank cut their overnight rates in sympathy to 2.75 percent. On the other hand profit results of companies have been mixed with some showing strong gains and others no so strong. So far stocks prices have yet to move to factor in the lower interest rates.
One company that had good 2017 results was ISP Finance but increased bad debt provisioning curtailed the growth in profits to just one percent after tax, but 20 percent ahead of the net 2016 profits with a 25 percent rise in revenues. The results for 2017 resulted in earnings per share being reduced to $1.20 for 2018 and with a rise in the stock price to $11.05 it is no longer in the TOP stocks. Also going out are, Access Financial and Paramount Trading. Access earnings have been reduced following their third quarter 2017 results.
Entering the TOP 10 Junior Market list are tTech, Lasco Financial and Blue Power. While Lasco Financial had lower profit in the December 2017 quarter than in 2016 that was due to added cost associated with the acquisition of Credi Scotia. The company will see a big jump in profit as a result of the acquisition. tTech is said to be seeing strong growth in clientele following a few years of soliciting new clients business. General Accident had a temporary setback in profit in 2017 due to a major claim but rising premium income margin should help boost profit in 2018 barring any major catastrophic claims. Key Insurance despite incurring cost associated with staff separation amounting to close to $50 million reported improved results for 2017 over 2016 and should go on to record the highest levels of profit in 2018 with expected better margin on insurance underwriting barring any unusually large claims. Stationery and Office had a record 2018 performance and is expected to show improve results in 2018 that will move the price upwards.
At the close of Friday, the average PE ratio for Junior Market Top stocks ended at 6.3 compared to an average PE for the overall main market is 10 based on 2018 estimated earnings.
IC Insider.com’s TOP 10 stocks now trade at an average discount of 39 percent to the average for the Junior Market Top stocks but its less than 50 percent of what the average PE for the year is likely to be, of 15 to 20 times earnings.

Filed Under: Buy Rated, Stocks to watch Tagged With: Blue Power, Daily Trading, Emerging markets, General Accident, ISP Finance, Jamaican stocks, Key Insurance, Lasco Financial, Stationery and Office, TOP 10 stocks, Trading Activity, tTech

JSE main market fell on Friday

February 23, 2018 by IC Insider.com

The Main Market of the Jamaica Stock Exchange closed down on Friday, with JSE All Jamaican Composite Index falling 776.18 points to 319,258.66 and the JSE Index declining by 707.19 points to 290,880.73.
Trading on Friday closed 28 securities changing hands with 10 advancing, 10 declining and 8 trading firm in the main and US dollar markets.
The securities with the largest price changes include, Caribbean Cement with a fall of $1.45 to $31.55, Grace Kennedy with a loss of $1.20 to $43, Salada Foods climbing $1 to $12, Scotia Group that rose by $1.50 to $53.50 and Seprod losing 94 cents to end at $29.05.
Main market activity ended with 4,322,228 units valued at $69,892,327 in contrast to 2,690,310 shares valued at $52,093,635 on Thursday. Ciboney Group accounted for 1,385,481 units and 32 percent of total volume traded, followed by Jamaica Broilers Group accounting for 21 percent of volume traded with 904,680 units changing hands and Sagicor Group with 293,843 units or 6.8 percent.
Trading results in an average of 160,083 shares valued at $2,588,605 for each security traded, in contrast to 92,769 shares valued at $1,796,332 on Thursday. The average volume and value for the month to date amounts to 204,802 units valued at $3,183,567 and previously, 207,617 units valued at $3,223,626. In contrast, January closed with average of 349,084 units at an average of $5,801,440 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 10 stocks ended with bids higher than their last selling prices and 2 with lower offers.
Traded in the US dollar market ended with Proven Investments trading 667,350 shares at 21.99 US cents with a value of US$146,425 as the market index rose 1.03 points to 168.18.
For more details of market activities see – JSE trading picks up on Friday.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Caribbean Cement, Ciboney, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers Group, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Proven Investments, Salada Foods, Scotia Group, Seprod, Trading Activity

Elite Diagnostics grabs 77% of trades

February 23, 2018 by IC Insider.com

Recently listed Elite Diagnostics dominated trading on Junior Market on Friday with 4 million shares, or 77 percent of trading, with no trade exceeding 172,000 units.
On Thursday the Elite accounted for just over 84 percent of volume of stocks trading, resulting in 6,672,725 units, up from 2,520,373 shares that were exchanged on Wednesday.
The market closed on Friday with 21 securities changing hands, up from 18 on Thursday, resulting in an exchange of 5,241,602 units valued at $19,221,963, compared to 7,902,138 units valued at $25,165,370 on the prior trading day.
The Junior Market index advanced 12.59 points to close at 2,928.28 as the prices of 7 securities advanced, 7 declined and 7 remained unchanged.
Trading ended with an average of 249,600 units for an average of $915,332 compared to an average of 439,008 units for an average of $1,398,076 on Thursday. An average of 288,936 units at an average value of $1,632,571 traded, and previously 291,636 units at an average value of $1,681,793. In contrast, January closed with an average of 122,386 shares, valued at $489,704 for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ending with the bid higher than the last selling price and 1 with a lower offer.
At the close of the market, AMG Packaging ended 40 cents higher at $2.45, with 20,000 stock units, Blue Power concluded trading at $34.87, with 910 units, CAC 2000 finished at $9, with 7,000 shares, Caribbean Cream ended trading $1.53 higher at $7.52, with 296,348 shares, Caribbean Producers finished trading 10 cents higher at $4.40, with 70,595 units. C2W Music ended with a loss of 6 cents at $0.45, with 58,350 shares, Dolphin Cove finished 15 cents higher at $17, with 100,200 stock units, Elite Diagnostic settled with a loss of 11 cents at $2.90, with 4,055,011 units, Eppley ended trading with a loss of 40 cents at $10.10, with 100 shares. FosRich Group finished trading 10 cents higher at $2.70, with 12,000 shares, General Accident closed with a loss of 5 cents at $2.80, with 61,920 stock units, Iron Rock finished at $3, with 111,500 shares, Jamaican Teas ended trading 28 cents higher at $4.78, with 9,700 stock units. Jetcon Corporation traded at $4.60, with 67,077 units, Lasco Distributors concluded trading with a loss of 3 cents at $4.37, with 31,891 stock units, Lasco Financial finished at $5, with 104,930 units, Lasco Manufacturing settled at $4.43, with 2,783 shares. Main Event ended trading at $6, with 5,067 shares, Medical Disposables fell 15 cents to $4.85, with 16,950 shares, Stationery and Office closed with a loss of 6 cents at $5, with 24,091 units and tTech concluded trading 40 cents higher at $5.40, with 185,179 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.