Berger Paints — Page 173

Another record close for JSE

November 25, 2016 by IC Insider.com

Grace Kennedy traded more than 28 million shares on the JSE on Friday.

The Jamaica Stock exchange main market indices along with the combined index closed at yet another record, with the All Jamaica Composite Index rising 965.37 points to end at a closing high of 194,392.10. The JSE Market Index gained 863.21 points to finish at a new closing high of 177,883.21.
The JSE combined index climbed 1,085.80 points to end at a record closing high of 189,896.49 with a gain for the year to date of 20 percent.
The Jamaica Stock Exchange closed trading with 41 securities trading as the prices of 19 gained while 8 declined in the overall market, including 7 stocks rising and 3 falling, in the junior market.
At the close with 43,666,008 units valued at $1,467,261,444 changed hands, compared to 6,296,810 units valued at $50,570,213 changing hands on Thursday. The junior market accounted for 175,408 units changing hands, valued at $782,192 of the stocks traded.
The average trade for the day in the main market ended at 1,672,696 and 948,034 units month to date. On Thursday, an average of 188,585 units traded and for the month to date, 2523,372 units, in comparison the average for the October was 220,811 units.
ICI JSE sum 25-11-16

IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 8 stocks with bids higher than their last selling prices and 3 with lower offers.
In market activity, Barita traded 58,534 shares, to end at $5.10, Berger Paints traded 3,100 units at $5.60, Cable & Wireless gained 9 cent to close at 80 cents, with 197,639 units trading, Caribbean Cement lost $1 in exchanging 12,030 shares at $27. Carreras lost 10 cents in exchanging 18,870 shares at $65.90. Trading in Ciboney shares resulted in a gain of 2 cents to close with 40,000 units changing hands at 20 cents, Grace Kennedy rose $1.87 and ended trading 28,422,521 units at $41.97, Jamaica Broilers rose 30 cents and closed at $14.90 with 38,575 shares changing hands, Jamaica Producers lost 32 cents and closed at $8.30 with 574,795 shares changing owners. Jamaica Stock Exchange traded 217,496 shares and rose 2 cents to end at $5.52, JMMB Group closed trading with 40,600 shares to end at $13.69, Kingston Wharves gained 20 cents in trading 99,659 shares to close at $19, Mayberry Investments traded 10,000 shares to close at $3.66, National Commercial Bank gained $1 and ended at $51 with 3,158,556 shares trading. ICI -JSE fn Qts -25-11-16

138 Student Living ordinary share traded at $5 with 60,400 units changing hands, PAN JAM Investment traded 15,925 shares to end at $24, Pulse Investments traded 25,000 shares after gaining 10 cents to end at $4, Radio Jamaica traded 130,200 units but lost 5 cents to close at $1.35, Sagicor Group had 67,480 shares changing hands to close at $25.50. Sagicor Real Estate Fund traded 2,660 units with the price falling 28 cents to $10.25. Scotia Group traded 697,692 shares to close with a gain of 15 cents at $31.71, Seprod traded 1,646,200 units to close with a rise of $1.09 at $26.99 and Supreme Ventures lost 10 cents and closed at $4.70 with 7,946,940 shares changing hands.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 1834 Investments, Barita Investments, Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Ciboney, Daily Trading, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, junior market, Kingston Wharves, Mayberry Investments, National Commercial Bank, Pan Jamaican, Pulse Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Seprod, Supreme Ventures, Trading Activity

TCL pushes JSE cross listed index up 290%

November 24, 2016 by IC Insider.com

Trinidad Cement shares jumped sharply by 190 percent to close at $58.50 and pushed the Jamaica Stock Exchange Cross Listed Index by a massive 290 percent to 1,946.35 points up from 499.06 previously. The move also pushed the combined Index and the JSE market index to new record levels.
Trinidad Cement has not traded in Jamaica since May 25, 2015 when it closed at $15. The stock had 18,557 units trading in recording today’s trade and now brings the price in line with the price in Trinidad.
At the close of trading the All Jamaica Composite Index fell 62.68 points to end at a new closing high of 193,426.73 with the year to date gains at 16 percent. The JSE Market Index surged 2,964.27 points to finish at a new record closing high of 177,020.00, a new closing high and the JSE combined index leapt 2,637.80 points to end at a record closing high of 188,810.69 with a gain for the year to date of 19 percent.
The Jamaica Stock Exchange closed trading with 42 securities trading as the prices of 16 gained while 14 declined in the overall market, including 2 stocks rising and 8 falling, in the junior market.
At the close with 6,296,810 units valued at $50,570,213 changed hands, compared to 7,868,310 units valued at $46,934,147 changing hands on Wednesday. The junior market accounted for 1,016,439 units changing hands, valued at $5,281,239 of the stocks traded.
The average trade for the day in the main market ended at 188,585 and 223,372 units month to date. On Wednesday, an average of 285,892 units traded and for the month to date, 258,159 units, in comparison the average for the October was 220,811 units.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 13 stocks with bids higher than their last selling prices and just 2 with lower offers.
In market activity, Barita climbed 10 cents in trading 57,300 shares, to end at $5.10, Berger Paints traded 16,268 units at $5.60, Cable & Wireless gained 1 cent to close at 71 cents, with 71,618 units trading, Caribbean Cement rose $2 in exchanging 24,635 shares at $28. Trading in 1834 Investments resulted in a fall of 21 cents to close with 330,620 shares trading at $1.18, Grace Kennedy ended trading 25,163 units at $40.10. Jamaica Broilers lost 20 cents and closed at $14.60 with 134,040 shares changing hands, Jamaica Producers rose 12 cents and closed at $8.62 with 169,631 shares changing owners. Jamaica Stock Exchange traded 240,343 shares and lost 11 cents to end at $5.50, JMMB Group closed trading with 71,611 shares to end at $13.69, Mayberry Investments traded 850,736 shares to close at $3.66 after rising 1 cent, National Commercial Bank ended at $50 with 194,061 shares trading. 138 Student Living ordinary share, traded at $5 with 46,550 units changing hands, PAN JAM Investments traded 188,115 shares to end at $24, Sagicor Group had 427,445 shares changing hands and rose 48 cents to close at $25.50, Sagicor Real Estate Fund traded 282,800 units with the price rising 28 cents to $10.53. Scotia Group traded 48,250 shares to close at $31.56, after gaining 35 cents, Supreme Ventures lost 10 cents and closed at $4.70 with 52,984 shares changing hands, JMMB Group 7.25% preference share lost 1 cent and traded at $1.07 with 1,956,000 units changing hands and Jamaica Money Market Brokers 7.50% preference share rose 1 cent and closed at $2.11 with 50,000 units changing hands.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 1834 Investments, Barita Investments, Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Daily Trading, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, junior market, Mayberry Investments, National Commercial Bank, Pan Jamaican, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Supreme Ventures, Trading Activity

4th straight daily record close for JSE

November 23, 2016 by IC Insider.com

Jamaica Producers traded 2.9 m shares on Wednesday.

The Jamaica Stock Exchange main market ended with fourth consecutive days with a record close. The market closed with 35 securities trading as the prices of 18 gained while 9 declined in the overall market, including 11 stocks rising and 3 falling, in the junior market.
At the close of trading the All Jamaica Composite Index climbed 440.60 points to end at a new closing high of 193,489.41 with the year to date gains at 16 percent. The JSE Market Index rose 393.98 points to finish at a new record closing high of 174,055.73, a new closing high and the JSE combined index gained 387.05 points to end at a closing record high of 186,172.89 with a gain for the year to date of 18 percent.
At the close with 7,868,310 units valued at $46,934,147 changed hands, compared to 7,367,774 units valued at $196,760,012 changing hands on Tuesday. The junior market accounted for 1,864,578 units trading valued at $7,108,043 of the stocks traded.

The average trade for the day in the main market ended at 285,892 and 258,159 units month to date. On Tuesday, an average of 376,430 units traded and for the month to date, 230,425 units, in comparison the average for the October was 220,811 units.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 13 stocks with bids higher than their last selling prices and just 2 with lower offers.
In market activity, Barita climbed 5 cents in trading 60,759 shares, to end at $5 after trading most, at $5.20, Cable & Wireless lost 8 cents to close at a 52 weeks’ low of 70 cents, with 197,375 units trading, Caribbean Cement lost $1 in exchanging 3,683 shares at $26. Trading in 1834 Investments resulted in a rise of 19 cents to close with 50,000 shares trading at $1.39, Grace Kennedy gained 4 cents and ended trading 6,129 units at $40.10. Jamaica Broilers lost 19 cents and closed at $14.80 with 5,353 shares changing hands,

Jamaica Producers rose 30 cents and closed at $8.50 with 2,867,200 shares changing owners. Jamaica Stock Exchange traded 78,597 shares and lost 8 cents at $5.61, JMMB Group closed trading with 42,691 shares to end with a rise of 4 cents at $13.69, Mayberry Investments traded 2,303,629 shares to close at $3.65 after falling 25 cents, National Commercial Bank gained 80 cents to end at $50 with 16,808 shares trading. Radio Jamaica traded 70,856 shares at $1.30, Sagicor Group had 144,144 shares changing hands and rose 2 cents to close at $25.02, Proven Investments ordinary share traded 20,823 units and ended at 18.56 US cents and JMMB Group 7.2% preference share traded at $1.08 with 112,697 units changing hands.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 1834 Investments, Berger Paints, Cable & Wireless, Caribbean Cement, Daily Trading, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, junior market, Mayberry Investments, National Commercial Bank, Proven Investments, Radio Jamaica, Sagicor Group, Supreme Ventures, Trading Activity

NCB pushes JSE to another record close

November 21, 2016 by IC Insider.com

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NCB rises by $2.50 on the JSE.

A big rise of $2.50 in shares of National Commercial Bank helped push the Jamaica Stock Exchange main market to a new record close but with trading activity declining from Friday’s levels, as trading remained subdued throughout the trading day.
At the close of trading the All Jamaica Composite Index climbed 422.80 points to close at a new closing high of 192,679.68 with the year to date gains at 16 percent. The JSE Market Index rose 378.06 points to finish at 173,331.69 and the JSE combined index gained 229.67 points to end at 185,938.49 with a gain for the year to date of 18 percent.
At the close with a mere 748,476 units valued at $7,664,842 changed hands, compared to 3,262,803 units valued at $38,639,306 changing hands on Friday. The junior market accounted for 1,589,420 units trading valued at $7,836,091 of the stocks traded.
The average trade for the day in the main market ended at 35,184 and 84,420 units month to date. ICI JSE sum 21-11-16

On Friday, an average of 76,063 units traded and for the month to date, 133,657 units, in comparison the average for the October was 220,811 units.
The market closed with 25 securities trading as the prices of 6 gained while 10 declined in the overall market, including 1 stock rising and 6 falling, in the junior market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 16 stocks with bids higher than their last selling prices and just 9 with lower offers.
In market activity, Berger Paints traded 18,000 shares to end at $5.60, Cable & Wireless lost 1 cent to close at 79 cents with 228,318 units trading, ICI -JSE fn Qts -21-11-16

Grace Kennedy ended trading only 2,400 units at $40, Jamaica Producers rose 5 cents and closed at $8.35 with 104,473 shares switching owners. JMMB Group closed trading with 4,703 shares to end with a rise of 20 cents at $14, Kingston Wharves traded 5,632 shares to close at $18.80, National Commercial Bank gained $2.50 with 12,375 shares trading, Sagicor Group had 46,371 shares changing hands and fell 39 cents to close at $24.11. Scotia Group rose 1 cent in trading 53,000 shares to close at $31.51, Seprod dropped $1.40 in trading 9,250 shares to end at $26 Supreme Ventures traded 21,000 shares at $4.95 and Proven Investments ordinary share traded 46,750 units and ended at 19.50 US cents.

Filed Under: JSE Main Market, Stock Market Tagged With: Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Ciboney, Daily Trading, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, junior market, Kingston Wharves, National Commercial Bank, Proven Investments, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Seprod, Supreme Ventures, Trading Activity

Key Insurance in at top of TOP 5

November 20, 2016 by IC Insider.com

Key Insurance listing ceremony.

Key Insurance climbed into the Top 5 of the IC Insider’ junior market list, at the number one spot. The rise came about as a result of a turnaround in the company’s September quarterly results, to overcome a drag the losses reported in the June had on the profit and the stock price.
IC Insider’s forecast is for earnings per share of approximately 35 cents for 2016, for Key, suggesting the potential for a big rise in the stock price. It is noted that the only offer for the stock is 34,688 at $3.50 with the highest bid at $2.15 to buy 40,700 shares.
Jetcon Corporation has fallen out of the Top five due to a combination of a rise in Jetcon’s price, following strong third quarter results and the ascension of Key Insurance to the list. Access Financial that has been in the TOP 5 for a long time also reported strong increased profit, with a hike of 95 percent for the September quarter and a 60 percent rise to $353 million for the six months to September.
Barita could be the star performer from the TOP 5 main market stocks as demand has come in for the stock, while supply has declined. IC Top 5 18-11-16

While the investment bank reported 54 cents per share for the full year to September, earnings from ongoing operations is more like 65 cents per share. Most importantly, the information that says the stock is an outstanding buy candidate, is the quality of the final quarter results, with strong growth in fee income and net interest income and less reliance on investment and foreign exchange gains. The final quarter results, suggest earnings should end up around $1.50 in 2017. JMMB Group came in with big increased earnings, one off gains may have played a big role in the big increase but even without that, the stock is undervalued with earnings from ongoing operations in the $2 range.

Filed Under: Breaking News, Buy Rated, Company News, Stocks to watch Tagged With: Barita Investments, Berger Paints, Caribbean Cement, Jamaican Stock, Jetcon Corporation, JMMB, JMMB Group, Radio Jamaica

Another record close for JSE stocks

November 18, 2016 by IC Insider.com

Trading in NCB’s shares helped to push the JSE to a record close on Friday.

The Jamaica Stock Exchange main market hit an intraday high after only a few minutes of the market’s opening with National Commercial Bank (NCB) stock changing hands at $55.
The movement in NCB’s price helped to push the all Jamaica composite Index market up by 5,266.74 points to 196,721.20 points and the JSE market Index surged 4,709.42 points to 176,945.54.
At the close the main market pulled back from the day’s high as NCB pulled back to close at $49.50 with 70,115 shares and ending the day with a gain of 50 cents. At the close of trading the All Jamaica Composite Index climbed 802.42 points to close at a new closing high of 192,256.88, with the year to date gains at 16 percent. The JSE Market Index rose 717.51 points to finish at 172,953.63 and the JSE combined index gained 586.89 points to end at 185,708.82 with a gain for the year to date of 18 percent.
At the close 3,262,803 units valued at $38,639,306 changed hands, compared to 5,034,107 units valued at $245,730,492 changing hands on Thursday. The junior market accounted for 1,589,420 units trading valued at $7,836,091 of the stocks traded.

The average trade for the day in the main market ended at 76,063 and 133,657 units month to date. On Thursday, an average of 282,822 units traded and for the month to date, 191,250 units, in comparison the average for the October was 220,811 units.
The market closed with 39 securities trading as the prices of 20 gained while 12 declined in the overall market, including 10 stocks rising and 5 falling, in the junior market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 20 stocks with bids higher than their last selling prices and just 4 with lower offers.
In market activity, Barita Investments rose 39 cents in trading 30,019 units to close at $4.50, Berger Paints traded 27,708 shares and lost 75 cents to end at $5.60, Cable & Wireless closed at 80 cents with 188,262 units trading, Caribbean Cement dived $3.55 with 75,812 units changing hands, to close at $27. Carreras ended trading 2,172 shares, to close at $65.50. The price of 1834 Investments dropped 3 cents in trading at 180,460 shares to end at $1.30, Grace Kennedy ended up trading of 176,027 units but fell $1.44 at $40, Jamaica Broilers rose 37 cents and closed at $14.95 with 46,100 shares being switched.

Jamaica Stock Exchange slipped 1 cent and ended at $5.69 after trading 13,110 shares, JMMB Group closed trading with 213,827 shares to end with a fall of 70 cents at $13.80, Mayberry Investments traded 45,100 shares to close at $3.90, after rising 15 cents, Investors bought 34,029 shares of 138 Student Living at $5. Pan Jamaican Investment (soon to become PANJAM Investment limited with shareholders approving the name change) gained 94 cents and closed at $24.64 after trading 220,798 shares, Radio Jamaica lost 2 cents in trading 14,228 shares at $1.30, Sagicor Group had 160,519 shares changing hands and rose 49 cents to close at $24.50. Scotia Group recovered 20 cents in trading 62,835 shares to close at $31.50, Seprod jumped $1.57 in trading 2,200 shares to end at $27.40. Proven Investments ordinary share traded 72,952 units and ended at 19.50 US cents and JMMB Group 7.50% preference share lost 1 cent in trading 30,100 units at $1.08.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 1834 Investments, Barita Investments, Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Daily Trading, Grace Kennedy, Jamaica Broilers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, junior market, Mayberry Investments, National Commercial Bank, Pan Jamaican, Proven Investments, Radio Jamaica, Sagicor Group, Scotia Group, Seprod, Trading Activity

Record 191,788 close for JSE stocks

November 16, 2016 by IC Insider.com

Bulls in cautious run on Jamaican stocks

The Jamaica Stock Exchange main market surged on Wednesday as movement in National Commercial Bank shares between Tuesday and today help drive the All Jamaican index by 1,682 points to a new all-time closing high. Trading volume rose above Tuesday’s levels but with a lower dollar value.
At the close the All Jamaica Composite Index climbed 1,682.71 points to close at 191,787.84, with the year to date gains at 13 percent. The JSE Market Index rose 1,504.65 points to finish at 172,534.23 and the JSE combined index gained 996.34 points to end at 185,136.96 with a gain for the year to date of 17 percent.
At the close 5,034,107 units valued at $28,268,540 changed hands, compared to 3,554,573 units valued at $49,191,747 changing hands on Tuesday. The junior market accounted for 1,885,054 units trading valued at $7,271,634 of the stocks traded.

The average trade for the day in the main market ended at 125,962 and 117,386 units month to date. On Tuesday, an average of 90,548 units traded and for the month to date, 99,679 units, in comparison the average for the October was 220,811 units.
The market closed with 39 securities trading as the prices of 14 gained while 14 declined in the overall market, including 6 stocks rising and 6 falling, in the junior market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 16 stocks with bids higher than their last selling prices and just 3 with lower offers.
In market activity, Barita Investments traded 14,000 units to close at $4.20, Berger traded 14,500 shares to gain 15 cents and close at $6.50, Cable & Wireless closed at 80 cents with 167,652 units trading, Caribbean Cement lost 65 cents with 26,557 units changing hands, to close at $29.30, Carreras gained $1 in trading 6,500 shares to end at $66. Ciboney traded 254,900 units and closed at 18 cents, Grace Kennedy ended up trading 42,866 units at $41.40 after easing 3 cents, Jamaica Broilers fell 7 cents and closed at $14.51 with 32,302 shares changing ownership, Jamaica Producers lost 20 cents to end at $8 with 124,267 units trading.

Jamaica Stock Exchange rose 19 cents and ended at $5.70 after trading 71,432 shares, JMMB Group close trading with 289,634 shares to end at $14, Mayberry Investments rose 10 cents in trading 35,604 shares to close at $3.75, National Commercial Bank ended with just 2,200 shares changing hands but fell back $4 to $49. Trading in the shares of 138 Student Living ended in 53,200 units changing hands at $5, Pan Jamaican Investment fell 85 cents and closed at $22.80 after trading 40,782 shares, Portland JSX traded just 1,000 units with the price falling 79 cents to $10.21, for an all-time low. Sagicor Group had 117,831 shares changing hands and fell 89 cents to close at $24.10, Sagicor Real Estate Fund closed at $10.23 with 21,237 units switching owners, Scotia Group gained 29 cents in trading 75,089 shares to close at $31.50, Seprod rose 20 cents in trading 82,367 shares to end at $27.50. Proven Investments ordinary share traded 15,255 units to end at 19.50 US cents compared to 19.97 US cents on Tuesday, JMMB Group 7.50% preference share gained 1 cent in trading 1,251,688 units at $1.09 and Jamaica Money Market Brokers 7.50% preference share ended in trading 401,986 units at $2.10.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 1834 Investments, Barita Investments, Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Ciboney, Daily Trading, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, junior market, Mayberry Investments, National Commercial Bank, Pan Jamaican, Portland JSX, Proven Investments, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Seprod, Trading Activity

National Commercial jumps $7 to $53

November 15, 2016 by IC Insider.com

NCB closes at new record on Tuesday on the JSE.

National Commercial Bank jumped 15 percent with a rise of $7 to a 52 weeks’ high of $53 while trading 64,595 shares. Trading levels on the Jamaica Stock Exchange climbed on Tuesday from Monday’s levels and the main market climbed as the number of securities rising exceeded those falling almost 2 to 1 with 4 stocks hitting 52 weeks’ high.
At the close the All Jamaica Composite Index climbed 1,633.32 points to close at 190,105.13, with the year to date gains at 13 percent. The JSE Market Index rose 1,460.49 points to finish at 171,029.58 and the JSE combined index gained 1,250.77 points to end at 184,140.62 with a gain for the year to date of 15.6 percent.
At the close 3,554,573 units valued at $49,191,747 changed hands, compared to 1,386,155 units valued at $4,662,262 changing hands on Monday. The junior market accounted for 1,290,866 units trading valued at $5,509,660 of the stocks traded.
ICI Jm sum 15-11-16rv

The average trade for the day in the main market ended at 90,548 and 99,679 units month to date. On Monday, an average of 62,133 units traded and for the month to date, 108,809 units, in comparison the average for the October was 220,811 units.
The market closed with 42 securities trading as the prices of 21 gained while 13 declined in the overall market, including 9 stocks rising and 8 falling, in the junior market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 12 stocks with bids higher than their last selling prices and just 1 with a lower offer.
In market activity, Barita Investments traded 115,028 units and gained 20 cents to close at $4.20, Cable & Wireless closed at 80 cents with 436,344 units trading, Caribbean Cement lost 5 cents with 131,792 units changing hands, to close at $29.95, Carreras traded 2,000 shares to end at $65. Grace Kennedy ended up trading 378,873 units at $41.43 after rising 63 cents, ICI -JSE fn Qts -15-11-16r

Jamaica Broilers fell 42 cents and closed at $14.58 with 6,665 shares changing ownership, Jamaica Stock Exchange rose 19 cents and ended at $5.69 after trading 101,985 shares, JMMB Group gained 55 cents in trading 237,408 shares to end at $14. Kingston Wharves jumped $1.26 in trading 40,000 shares to close at $18.51, Pan Jamaican Investment fell 5 cents and closed at $23.65 after trading 108,967 shares, Radio Jamaica closed with a gain of 1 cent to close at $1.32 with 23,297 shares trading, Sagicor Group had 452,560 shares changing hands and rose 99 cents to close at $24.99. Sagicor Real Estate Fund traded with a rise of 11 cents to close at $10.23 with 29,630 units switching owners, Scotia Investments gained 10 cents in trading 37,500 shares to close at $26.65, Seprod rose 30 cents in trading 4,600 shares to end at $27.30. Supreme Ventures fell 10 cents trading 47,100 shares to close at $4.90 and JMMB Group 7.50% preference share traded 26,082 units at $1.08.

Filed Under: JSE Main Market, Stock Market Tagged With: Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Ciboney, Daily Trading, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, junior market, Kingston Wharves, Mayberry Investments, National Commercial Bank, Pan Jamaican, Proven Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Seprod, Supreme Ventures, Trading Activity

Trading value climbs on TTSE – Tuesday

November 15, 2016 by IC Insider.com

Berger closed at a new 52 weeks’ high on Tuesday of TT$4.05 on the TTSE.

Trading on the Trinidad and Tobago Exchange closed on Tuesday with 11 securities changing hands, up from 10 on Monday. Three stocks advanced, one declined and seven traded firm, resulting in 1 stock closing at 52-week high.
Trading activity closed with 650,998 shares changing hands with a value of $6,697,034, in contrast to Monday’s volume of 87,638 with a value of $556,559.
The Composite Index declined 0.39 points to 1,182.12 points, the All T&T Index dropped 1.47 points to close at 1,802.99 points, and is 7.47 points down year to date and the Cross Listed Index gained 0.10 points to close at 74.98 points, up 51.44 percent year to date.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 4 stocks with bids higher than their last selling prices and 6 with lower offers.
Gains| Berger Paints gained 37 cents to close at 52-week high of $4.05 with 1,750 shares changing hands, Sagicor Financial gained 16 cents to close at $7.41 with 19,005 shares changing hands and Trinidad & Tobago NGL gained 13 cents to close at $22.68 with 2,500 shares changing hands.
< Strong> Losses|Angostura Holdings lost 41 cents to close at $15.50 with 82,750 shares changing hands with a value of $1,293,669.
TTSE sum 15-11-16

Firm Trades | Clico Investment Fund closed at $22.60 with 210,000 shares changing hands with a value of $4,746,000, First Citizens Bank with 1,020 changing hands, closed at $33, FirstCaribbean International Bank closed at $8.50 with 12,000 shares changing hands and year to date gains of 70 percent. Guardian Holdings closed at $13 with 110 shares changing hands, JMMB Group with 309,136 shares changing hands, closed at 91 cents and year to date gains of 65 percent, National Commercial Bank closed at $2.65 with 11,218 shares changing hands and Point Lisas with 1,500 shares changing hands, closed at $3.70.

Filed Under: Stock Market, TTSE Market Tagged With: Angostura Holdings, Berger Paints, Clico Investments Fund, Daily Trading, First Citizens, Firstcaribbean International Bank, Guardian Holdings, JMMB Group, Sagicor Financial Corporation, Scotiabank, Trading Activity, TTSE

Jamaican stocks close down – Monday

November 14, 2016 by IC Insider.com

SM sign Trading levels on the Jamaica Stock Exchange slipped at the close on Monday from Friday’s with the number of securities and volume trading falling, compared to Friday. At the close the All Jamaica Composite Index fell 919.74 points to close at 188,471.81, with the year to date gains at 12.6 percent. The JSE Market Index fell 822.42 points to finish at 169,569.09 and the JSE combined index dropped 623.42 points to end at 182,889.85 with a gain for the year to date of 15.6 percent.
At the close 1,386,155 units valued at only $14,662,262 changed hands, compared to 2,121,591 units valued at $35,719,971 changing hands on Friday. The junior market accounted for 143,487 units trading valued at $754,871 of the stocks traded.
The average trade for the day in the main market ended at 62,133 and 108,809 units month to date. On Friday, an average of 81,096 units traded and for the month to date, 155,485 units, in comparison the average for the October was 220,811 units.
ICI JSE sum 14-11-16 The market closed with 31 securities trading as the prices of 7 gained while 16 declined in the overall market, including 4 stocks rising and 4 falling, in the junior market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 13 stocks with bids higher than their last selling prices and just 5 with lower offers.
In market activity, Berger Paints traded 43,963 units and rose 5 cents to $6.35, Cable & Wireless closed with a loss of 5 cents to end at 80 cents with 344,471 units trading, Caribbean Cement dropped 50 cents with 18,591 units changing hands to close at $30, Carreras traded 2,675 shares and lost $1 to end at $65. Grace Kennedy fell 65 cents and ended up trading 17,455 units at $40.80, Jamaica Broilers gained 30 cents and closed at $15 with 6,050 shares changing ownership, ICI -JSE fn Qts -14-11-16 Jamaica Producers rose 20 cents in trading 1,000 shares to close at $8.20, Jamaica Stock Exchange fell 20 cents and ended at $5.50 after trading 339,443 shares. JMMB Group traded 59,840 shares to end at $13.45 with a loss of 25 cents, Mayberry Investments ended with 12,951 shares trading to close at $3.65 for a fall of 35 cents, National Commercial Bank ended trading of 19,790 shares to close at $46, Pan Jamaican Investment closed at $23.70 after trading 3,000 shares. Radio Jamaica closed with a 14 cents loss at $1.31 with 22,974 shares trading, Sagicor Group had 85,203 shares changing hands to close at $24, Sagicor Real Estate Fund traded with a fall of 13 cents to close at $10.12 with 93,001 units switching owners, Scotia Group traded 117,800 shares to close at $31.21, Scotia Investments dived $4.45 in trading 6,200 shares to end at $26.55 and Seprod fell 50 cents in trading 43,847 shares to end at $27.