Grace Kennedy jumped $10.99 to end at an all-time record high of $55, with just 14,941 units changing hands as the supply of the stock was virtually non-existent during the trading session.
The movement takes place after the group posted improved operating results for 2017 with earnings per share of $4.14 as a result of profits of $4.1 billion.
Main market activity ended with 28 securities changing hands, with 12 securities rising, 7 falling, 9 trading firm on Wednesday. Trading ended with 5,151,580 units valued at $52,948,353.
At the close of trading, the JSE All Jamaican Composite Index lost 682.73 points to 321,101.12 and the JSE Index declined by 622.05 points to 292,559.42.
In main market activity, Barita Investments closed 50 cents higher at $8, with 8,034 shares, Berger Paints ended 95 cents higher at $17.95, with 9,276 stock units, Carreras finished at $10.95, with 91,331 shares traded, Caribbean Cement settled at $33.50, with 1,500 shares, Ciboney Group ended trading 2 cents higher at $0.12, with 881,196 shares. Jamaica Broilers finished trading 49 cents higher at $18.98, with 93,815 units, Jamaica Producers closed $1.99 higher at $16.99, with 60,109 shares, Jamaica Stock Exchange ended 21 cents higher at $6.71, with 25,680 shares. JMMB Group concluded trading at $26.49, with 251,445 shares, Kingston Properties finished at $6.65, with 300 stock units, Kingston Wharves settled at $40, with 389,197 units, Mayberry Investments ended trading with a loss of 43 cents at $5.35, with 9,340 shares. NCB Financial Group traded 3 cents higher at $99, with 101,277 shares, 1834 Investments finished trading with a loss of 4 cents at $1.15, with 220,000 shares, Pulse Investments finished 5 cents higher at $1.80, with 6,375 shares, Radio Jamaica settled with a loss of 7 cents at $1.07, with 44,192 shares. Sagicor Group ended trading with a loss of 37 cents at $37.13, with 79,536 stock units, Sagicor Real Estate Fund ended trading with a loss of 25 cents at $16.75, with 94,700 shares, Scotia Group finished trading 25 cents higher at $51.25, with 2,650 shares, Seprod closed at $32, with 100 shares, Sterling Investments ended at $14, with 912 shares. Supreme Ventures concluded trading with a loss of 25 cents at $11.70, with 173,413 stock units, Victoria Mutual Investments finished at $4.50, with 1,394,445 units, Wisynco Group settled 10 cents higher at $10.60, with 68,818 shares and. In the main market preference segment, Jamaica Money Market 7.5% ended trading at $2.60, with 1,000 shares, JMMB Group 7.5% closed 3 cents higher at $1.02, with 923,998 shares, Proven Investments 8.25% settled with a loss of 85 cents at $5.15, with 204,000 units 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 pulls back – Wednesday.”
TTSE index close down on Wednesday
Market activity on the Trinidad & Tobago Stock Exchange on Wednesday ended with 19 securities trading up from 16 on Tuesday. The market closed with 537,535 shares valued at $2,193,469 trading, compared to 588,618 shares valued at $6,075,902 on Tuesday.
The market closed with the prices of 5 stocks rising, 5 declining and 9 remaining unchanged. At close, the Composite Index fell 2.50 points on Wednesday to 1,269.21, the All T&T Index closed with a fall 3.72 points to 1,698.54, while the Cross Listed Index losing 0.17 points to close at 113.34.
IC bid-offer Indicator|At the end of trading, on Wednesday, the Investor’s Choice bid-offer indicator reading shows 3 stocks with bids lower than their last selling prices and 3 with lower offers.
Gains| Angostura Holdings rose 3 cents and ended at $15.70, with 700 stock units changing hands, Ansa Mcal gained $1 to end at $61, with 218 units trading, Clico Investments closed with a gain of 9 cents at $20.10, with 5,230 units, Republic Financial Holdings gained 1 cent and ended at $101.52, with 1,445 stock units changing hands and Unilever Caribbean finished trading with 50 cents and completed at $30, with 334 units changing hands.
Losses| Calypso Marco Index Fund fell 92 cents in trading just 20 units to close at 52 weeks’ low of $20.48, First Caribbean International Bank shed 2 cents and settled at $9.28, trading 120 shares, First Citizens lost 5 cents and concluded at $32.15, trading 2,010 shares, Guardian Holdings ended trading 85 cents lower and settled at $15.65, trading 1,000 shares and One Caribbean Media ended trading with a loss of 1 cent to a 52 weeks’ low of $12.47, with 10,000 stock units changing hands.
Firm Traded| Grace Kennedy completed trading at $3.35, with 260,847 units, JMMB Group ended at $2, with 227,835 stock units changing hands, Massy Holdings ended at $47.50, with 2,344 stock units changing hands, National Flour settled at $1.83, trading 364 shares, NCB Financial Group concluded at $6.53, trading 41 shares. Point Lisas completed market activity at $3.81, with 1,090 units, Sagicor Financial closed trading at $7.85, with 21,683 units, Trinidad & Tobago NGL closed at $27.50, after trading 1,899 shares and West Indian Tobacco closed at $88.55, trading 375 shares.
Prices of securities trading for the day are those at which the last trade took place.
5 stocks up 2 down on TTSE – Tuesday
Market activity picked up on the Trinidad & Tobago Stock Exchange on Tuesday with 16 securities trading from just 11 on Monday. The market closed with 588,618 shares valued at $3,726,394 trading, compared to 814,429 shares valued at $6,075,902 on Friday.
The market closed with the prices of 5 stocks rising, 2 declining and 9 remaining unchanged. At close, the Composite Index fell 0.35 points on Tuesday to 1,271.71, the All T&T Index closed with a rise of 1.47 points to 1,702.26, while the Cross Listed Index losing 0.11 points to close at 113.51.
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 5 with lower offers.
Gains| First Citizens closed with a gain of 9 cents at a 52 weeks’ high of $32.20, trading 2,500 shares, Massy Holdings gained 25 cents and ended at $47.50, with 178 stock units changing hands, Sagicor Financial finished trading with a rise of 2 cents to $7.85, with 2,500 units, Scotiabank closed with an increase of 6 cents and settled at $61.96, trading 326 shares and Trinidad & Tobago NGL ended trading, rising 22 cents to end at $27.50, trading 5,452 shares.
Losses| National Flour shares fell 3 cents and settled at $1.83, trading 291 shares and NCB Financial Group closed with a loss of 2 cents at $6.53, trading 174,596 shares.
Firm Traded| Ansa Mcal completed at $60, with 2,530 units, Ansa Merchant settled at $40, trading 524 shares, Clico Investments completed at $20.01, with 19,080 units, First Caribbean International Bank settled at $9.30, trading 96,427 shares, Grace Kennedy completed at $3.35, with 32,626 units. JMMB Group ended at $2, with 227,450 stock units changing hands, National Enterprises completed at $9.65, with 3,000 units, One Caribbean Media ended at $12.48, with 20,981 stock units changing hands and Point Lisas completed at $3.81, with 157 units changing hands.
Prices of securities trading for the day are those at which the last trade took place.
No losses on TTSE on Monday
Market activity picked up on the Trinidad & Tobago Stock Exchange on Monday with 11 securities trading from just 12 on Friday with no security losing. The market closed with 814,429 shares valued at $6,075,902 trading, compared to 240,391 shares valued at $3,651,230 on Friday.
The market closed with the prices of 5 stocks rising, none declining and 6 remaining unchanged. At close, the Composite Index rose 1.15 points on Monday to 1,271.36, the All T&T Index closed with a rise of 0.47 points to 1,700.79, while the Cross Listed Index gained 0.25 points to close at 113.62.
IC bid-offer Indicator|At the end of trading, on Monday, the Investor’s Choice bid-offer indicator reading shows 5 stocks with bids lower than their last selling prices and 5 with lower offers.
Gains| Clico Investments rose 11 cents and settled at $20.01, with 155,760 units, JMMB Group finished trading with a gain of 1 cent at $2, with 22,922 stock units changing hands, NCB Financial Group gained 2 cents and ended at $6.55, trading 2,120 shares, Trinidad & Tobago NGL closed with an increase of 1 cent at $27.28, trading 18,930 shares and Unilever Caribbean finished 50 cents higher and settled at $29.50, with 348 units.
Losses|There were no stocks closing with a loss on Monday.
Firm Traded| First Citizens ended at $32.11, trading 2,850 shares, Grace Kennedy settled at $3.35, with 593,796 units, National Flour ended at $1.86, trading 2,097 shares, Republic Financial Holdings completed trading at $101.51, with 1,600 stock units changing hands, Sagicor Financial settled at $7.83, with 13,906 units trading and West Indian Tobacco concluded trading at $88.55 with 100 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.