All price changes negative for juniors – Monday

November 23, 2015 by

Caribbean Flavours traded at a 52 weeks' intraday high high of $6.75.

Caribbean Flavours traded at a 52 weeks’ intraday high high of $6.75.

The junior market suffered another day of losses, with 13 active securities, of which there were no advancing ones and 8 declined. A total of 2,796,752 units, valued at $6,900,431 changed hands. Trading ended with a 19.96 points fall of the index to 1,615.68. The market ended with no stock closing at new 52 weeks’ high but one traded at an intraday high.
Only 2 securities ended with no bids to buy and 8 had no stocks being offered for sale. A total of 5 stocks closed with bids higher than the last traded prices and one closed with a lower offer.
In trading, C2W Music traded 217,500 units at 39 cents, Caribbean Cream had 104,200 units changing hands with a fall of 44 cents, to end at $4.51, Caribbean Flavours traded 13,488 units to end at $6.50, Caribbean Producers lost 2 cents in trading 103,362 units to end at $5.50. Consolidated Bakeries fell 9 cents at the close, to end at $1.31 with 63,905 units changing hands, Derrimon Trading ended with 1,924 units changing hands at $3.50, Dolphin Cove ended with 3,381 units trading to close at $15, JM - Trade 23-11-15General Accident ended with 162,747 shares changing hands and closed with a fall of 4 cents at $1.91. Lasco Distributors closed with 95,900 shares changing hands to end at $4.11 after falling by 9 cents. Lasco Financial dropped 50 cents to $2.80, with a total of 173,292 shares changing hands, Lasco Manufacturing closed with a 9 cents fall to $3.71 with 106,063 shares trading and Medical Disposables ended with 71,000 shares changing hands and lost 15 cents to be at $3.30 and Derrimon Trading 11.75% preference share ended with 1,679,990 units at $2.2 trading.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , ,

FX flows jump sharply on Friday

November 20, 2015 by

FX_USPound2 Trading of foreign currencies in Jamaica’s foreign exchange market jumped on Friday with US$74 million flowing in and US$71 million going out, but the rate for the Jamaican dollar slipped against the US. At the close of trading, the equivalent of US$74,102,619 was bought by dealers, compared with US$33,692,403 on Thursday, while they sold the equivalent of US$70,842,428 versus US$37,640,407 previously.
In US dollar trading , dealers bought US$70,625,695 compared to US$30,282,760 on Thursday. The buying rate for the US dollar gained 24 cents to $119.70 and US$69,232,581 was sold versus US$35,351,886 on Thursday, the selling rate rose 2 cents at $119.94.FX sum 20-11-15 The Canadian dollar buying rate lost 85 cents to end at $87.26 with dealers buying C$1,171,319 and selling C$513,725, at an average rate that fell 84 cents to $88.73. The rate for buying the British Pound fell 81 cents to $180.12 for the purchase of £1,678,301, while £661,219 was sold, with the rate falling 94 cents to $182.29. At the end of trading, it took J$128.59 to purchase the Euro, rose $1.16 from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$126.34 for a rise of $1.21 from Thursday’s rate. The US dollar equivalent of other currencies traded, amounts to US$97,601 being bought, while US$224,784 was sold.
Highs & Lows| On Friday, the highest buying rate for the US dollar lost 8 cents to $120.12, the lowest buying, the highest and the lowest FX hl 20-11-15selling rates remained at $98.57, $126.31 and $98.57 respectively. The highest buying rate for the Canadian dollar declined 50 cents to end at $89.75, the lowest buying rate rose 8 cents at $71.88, the highest selling rate rose 11 cents to $92.66 and the lowest selling rate ended unchanged at $86. The highest buying rate for the British Pound, dropped $2 to end at $182. The lowest buying rate closed 58 cents higher at $145.83, the highest selling rate dropped $1.01 to $185.63 and the lowest selling rate rose $1 to end at $176.

Filed Under: FX Market, Stock Market Tagged With: , , , , , , , ,

More juniors rise but index dips – Friday

November 20, 2015 by

Cargo Handlers at new high of $35.20 on Friday.

Cargo Handlers at new high of $35.20 on Friday.

The junior market suffered another day of infrequent losses in recent times, with 18 active securities, 8 of which advanced and 4 declined. A total of 2,764,291 units, valued at $11,225,934 changed hands. Trading ended with a loss of 18.02 points fall of the index to 1,635.64. The market ended with 3 stocks closing at new 52 weeks’ high.
Only 2 securities ended with no bids to buy and 9 had no stocks being offered for sale. A total of 3 stocks closed with bids higher than the last traded prices and none closed with a lower offer.
In trading, C2W Music traded 16,460 units at 39 cents, Cargo Handlers gained 20 cents and ended at a new 52 weeks’ high of $35.20, with 13,415 units changing hands, Caribbean Cream traded 50,300 units with a rise of 40 cents to $4.95, Caribbean Flavours traded 260,052 units to end at $6.50 after rising 54 cents. Caribbean Producers closed with a gain of 52 cents in trading 175120 units at $5.52, for a new 52 weeks’ closing high, Consolidated Bakeries fell 8 cents at the close, to end at $1.40 with 50,000 units changing hands. Derrimon Trading ended with 10,000 units changing hands at $3.50, Dolphin Cove fell $1.01 with 3,532 units trading, to close at $15, General Accident ended with 165,385 shares changing hands and closed with a gain of 5 cents at $1.90, KLE Group lost 21 cents and ended with 17,292 units trading at 75 cents. Honey Bun with 27,035 shares changing hands and closed at $5.30.JM - Trade 20-11-15 Jamaican Teas had 109,363 shares trading to close at $4.30 after trading after rising by 30 cents, Knutsford Express ended 95 cents higher, at a 52 weeks’ high of $7.50 with 210 shares changing hands, Lasco Distributors closed with 347,004 shares changing hands to end at $4.20 after falling by 10 cents. Lasco Financial rose of 5 cents to $3.30, with a total of 210,557 shares changing hands, Lasco Manufacturing closed with a 5 cents gain at $3.80 with 932,066 shares trading and Medical Disposables ended with 341,000 shares changing hands and lost 40 cents to be at $3.45 and Sweet River Abattoir traded 35,500 units at $3.95

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , ,

6 TTSE’s stocks rise 4 down on Friday

November 20, 2015 by

NCB traded at TT$1.95 on Friday in Trinidad with a gain of 15 cents.

NCB traded at TT$1.95 on Friday in Trinidad with a gain of 15 cents.

Trading on the Trinidad and Tobago Stock Exchange on Friday ended with 18 active securities of which 6 stocks closed higher, 4 declined and 8 remained unchanged as 672,338 shares changed hands for a value of $15,149,629.
At the close, the Composite Index ending with a rose of 4.67 points at 1,159.14 the All T&T Index rose 0.39 points to 1,953.99 and the Cross Listed Index gained 1.22 points to end at 47.89.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than the last selling price and 5 stocks with offers that were lower.
Gains| Guardian Holdings with 10,210 shares changing hands and closed at $12.91, with a gain of 1 cent, JMMB Group traded 16,000 shares with a gain of 5 cents to end at 53 cents. National Commercial Bank lead with 285,000 shares changing hands for a value of $555,923, the price gained 15 cents to end at $1.95, National Flour Mills gained 1 cent, to end at a 52 weeks’ high of $2.21, with 1,400 units changing hands. Sagicor Financial Corporation closed with 101,339 shares valued at $610,061 changing hands, at $6.02 for a rise of 1 cent and Trinidad Cement ended with 1,000 units changing hands at a 52 weeks’ high of $4.16, for a gain of 5 cents.
Declines| Ansa McAL lost 1 cent and ended with 5 units changing hands at $67. Clico Investment Fund closed with 44,115 shares valued at $994,811, changing hands at $22.55 after falling 1 cent, Massy Holdings declined 1 cent to end at a 52 weeks’ low of $61.97 with 2,000 units trading and Scotia Investments closed with a loss of 6 cents at $1.59, with 17,945 shares changing hands.
Firm Trades| First Citizens Bank traded 2,170 shares to close at $35,TTSE 20-11-15 Grace Kennedy had 41,400 shares for a value of $800,375 changing hands at $3.60, National Enterprises ended trading with 1,000 shares to close unchanged at $16.50. One Caribbean Media traded 3,000 shares at $22, Prestige Holdings traded 500 units to end at $10, Republic Bank closed at $112 with 100,427 shares changing hands with a value of $11,247,824, Scotiabank ended with at $62.50 while 4,000 units were traded and Trinidad and Tobago NGL closed at $21.51 with 40,827 shares changing hands, for a value of $721,405.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , ,

Jamaican $ falls on Thursday

November 19, 2015 by

USDollarClock Inflows of foreign currencies into the system on Thursday was US$4 million less than the amount sold. The local dollar lost value against the US dollar, the Pound and the Canadian currency. At the close of trading, the equivalent of US$33,692,403 was bought by dealers, compared with US$34,595,675 on Wednesday, while they sold the equivalent of US$37,640,407 versus US$38,678,449 previously.
In US dollar trading , dealers bought US$30,282,760 compared to US$31,957,560 on Wednesday. The buying rate for the US dollar gained 15 cents to $119.46 and US$35,351,886 was sold versus US$37,155,313 on Wednesday, the selling rate rose 8 cents at $119.92. The Canadian dollar buying rate gained 48 cents to end at $88.11 with dealers buying C$1,498,296 and selling C$1,277,999, at an average rate that fell 40 cents to $89.57.FX sum 19-11-15 The rate for buying the British Pound rose $2.14 cents to $180.93 for the purchase of £1,448,552, while £789,789 was sold, with the rate jumping $2.92 to $183.23. At the end of trading, it took J$127.59 to purchase the Euro, a decline of 3 cents from Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$125.13 for a rise of 9 cents from Wednesday’s rate. The US dollar equivalent of other currencies traded, amounts to US$110,795 being bought, while US$127,223 was sold.
Highs & Lows| On Thursday, the highest buying rate for the US dollar rose 8 cents to $120.20, the lowest buying and the highest selling rates remained at $98.57 and $126.31, FX hl 19-11-15respectively and the lowest selling rate dropped $1.94 to $98.57. The highest buying rate for the Canadian dollar gained 65 cents to end at $90.25, the lowest buying rate remained at $71.80, the highest selling rate was unchanged at $92.55 and the lowest selling rate rose 50 cents to end at $86. The highest buying rate for the British Pound, climbed $1.70 to end at $184. The lowest buying rate was unmoved at $145.25, the highest selling rate gained $1.74 to $186.64 and the lowest selling rate fell $1 to end at $175.

Filed Under: FX Market, Stock Market Tagged With: , , , , , , , ,

Juniors lost ground on Thursday

November 19, 2015 by

AMG Packaging closed at a new high of $6.50 on Thursday.

AMG Packaging closed at a new high of $6.50 on Thursday.

The junior market suffered one of its infrequent days of losses in recent times, with 16 active securities, 7 of which advanced and 5 declined. A total of 1,766,208 units, valued at $8,771,607 changed hands. Trading ended with a 23.02 points fall of the index to 1,653.66. The market ended with 3 stocks closing at new 52 weeks’ high.
Only 2 securities ended with no bids to buy and 7 had no stocks being offered for sale. A total of 8 stocks closed with bids higher than the last traded prices and 2 closed with lower offers.
In trading, AMG Packaging jumped to a 52 weeks’ high of $6.50 with 41,067 shares trading with a gain of 90 cents, Blue Power traded 295 units at $13.50, for a rise of 40 cents, C2W Music traded 74,958 units at 39 cents. Caribbean Cream traded 280,225 units but fell by 45 cents to $4.55, Caribbean Flavours traded 8,796 units to end at for a new 52 weeks’ high of $6.60 after rising 54 cents, Caribbean Producers closed with a gain of 15 cents in trading 327,271 units at $5, for a new 52 weeks’ closing high. Consolidated Bakeries fell 6 cents at the close, to end at $1.48 with 6,186 units changing hands. JM - Trade 19-11-15 Derrimon Trading ended with 47,482 units changing hands at $3.50, Dolphin Cove traded 13,336 units at $16.01, General Accident ended with 80,000 shares changing hands and closed at $1.90, KLE Group lost 21 cents and ended with 148,000 units trading at 75 cents, Lasco Distributors closed with 210,250 shares changing hands to end at $4.30 after rising by 15 cents. Lasco Financial ended with a loss of 25 cents to $3.25, with a total of 354,542 shares changing hands, Lasco Manufacturing closed at $3.76 with 156,500 shares trading and Paramount Trading ended with 12,000 shares changing hands and lost 40 cents to be at $8.60.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , ,

5 TTSE’s stocks rise 1 down on Thursday

November 19, 2015 by

TTSE build Trading on the Trinidad and Tobago Stock Exchange on Thursday ended with 13 securities trading of which 5 stocks closed higher, 1 declined and 7 remained unchanged as 213,427 shares changed hands for a value of $8,845,737.
At the close, the Composite Index ending with a rose of 0.30 points at 1,154.47 the All T&T Index rose 0.55 points to 1,953.60 and the Cross Listed Index gained 0.1 points to end at 46.67.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than the last selling price and 5 stocks with offers that were lower.
Gains| Ansa Merchant Bank ended with 734 units changing hands at $38.98, for a gain of 2 cents, Berger Paints ended at a 52 weeks’ high with a gain of 1 cents at $3.67 while 250 units were traded, Clico Investment Fund closed with 33,527 shares valued at $708,181 changing hands at $22.56 after gaining 1 cent. National Flour Mills increased by 21 cents to end at a 52 weeks’ high of $2.20 with units changing hands 1,000 shares, Sagicor Financial Corporation closed with 6,098 shares changing hands, to end at $6.01 for a rise of 1 cent.
Declines| Massy Holdings was the day’s sole declining stock in falling 1 cent to end at $61.98 while 5,711 units valued at $353,968 traded at a 52 weeks low.
Firm Trades| Angostura Holdings with 74 shares changing hands, closed at $14, TTSE 19-11-15r First Citizens Bank traded 150 shares to close at $35, Grace Kennedy had 25,000 shares changing hands for a value of $800,375 changing hands at $3.60, National Enterprises ended trading with 300 shares to close unchanged at $16.50. Republic Bank closed at $112 with 1,383 shares changing hands, Scotiabank closed unchanged at $62.50 with 107,809 shares changing hands for a value of $6,737,673 and Trinidad and Tobago NGL closed at $21.51 with 33,527 shares changing hands, for a value of $721,405.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , ,

Dolphin trades 230M shares

November 18, 2015 by

The Jamaica stock market is off to a spirited start on Wednesday which saw Sagicor Investments crossing 227.5 million Dolphin Cove shares and buying another 2.1 million from other brokers. The main market indices are down and the junior of index is up with a number of new 52 weeks’ high being achieved.
JSE int 18-11-15Notable trades are, Caribbean Cream with 10,000 units at a new high of $5 after adding 40 cents, Dolphin Cove with 229,610,218 units at a new high of $16.03 with a rise of $2.33, Cable & Wireless with 690,670 units changing hands up to $2, but last traded at $1.91, Jamaica Broilers with 914,200 shares changing hands at $8.76. Jamaica Producers traded 1,156,535 units at $22.51, down by $1.50, Sagicor Group has seen 508,350 shares changing hands at $16.58, Sagicor Real Estate X Fund had 1,043,832 units at $9.81 and Seprod with 304,359 shares rising $1.85 to $17.80.
The number of securities trading climbed sharply to 28 securities changing hands with a volume of 234,954,186 units as 14 stocks gained and 7 declined after 75 minutes of trading.
The All Jamaican Composite index fell 135.44 points to 154,934.62, the JSE Market Index declined 121.19 points to 139,570.88 the JSE combined index rose 254.07 points to be at 146,679.37 and the junior market index climbed 41.27 points to 1,669.02.

Filed Under: JSE Main Market, Stock Market Tagged With: , , , , , , , , ,

Jamaican $ steady vs US on Tuesday

November 17, 2015 by

1000front Inflows of foreign currencies into the system on Tuesday was US$4 million less than the amount sold with the local dollar selling rate holding against the US dollar for the second consecutive day, but losing value versus the Pound and the Canadian currency. At the close of trading, the equivalent of US$34,316,414 was bought by dealers, compared with US$38,102,831 on Monday, while they sold the equivalent of US$40,548,479 versus US$44,185,509 previously.
In US dollar trading , dealers bought US$30,620,316 compared to US$34,450,483 on Monday. The buying rate for the US dollar fell 1 cent to $119.19 and US$37,997,953 was sold versus US$42,351,622 on Monday, the selling rate remained at $119.82. FX sum 17-11-15The Canadian dollar buying rate gained 55 cents to end at $87.39 with dealers buying C$1,490,611 and selling C$1,525,581, at an average rate that rose 46 cents to $89.58. The rate for buying the British Pound rose 67 cents to $179.61 for the purchase of £1,614,534, while £779,129 was sold, with the rate climbing 24 cents to $181.38. At the end of trading, it took J$128.41 to purchase the Euro, a decline of 18 cents from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$125.83 for a fall of 25 cents from Monday’s rate. The US dollar equivalent of other currencies traded, amounts to US$170,032 being bought, while US$230,620 was sold.
Highs & Lows| On Tuesday, the highest buying rate for the US dollar jumped $4.44 to $124.54,FX hl 17-11-15 the lowest buying rate dropped $4.09 to $98.57, the highest selling rate rose 5 cents to $126.31 and the lowest selling rate ended $17.63 lower at $98.57. The highest buying rate for the Canadian dollar rose $1.30 to $91.10, the lowest buying rate closed down by $3.71 to $71.55, the highest selling rate slipped 32 cents to $92.23 and the lowest selling rate lost 10 cents to end at $85.90. The highest buying rate for the British Pound, eased 20 cents to end at $182.50. The lowest buying rate dropped $7 to $145.25, the highest selling rate fell 21 cents to $187.25 and the lowest selling rate lost 20 cents to end at 175.

Filed Under: FX Market, Stock Market Tagged With: , , , , , , , , ,

4 juniors close at new high

November 17, 2015 by
Honey Bun traded at a 52 weeks' high on Tuesday.

Honey Bun traded at a 52 weeks’ high on Tuesday.

The junior market enjoyed another day of mostly increasing prices but ended with a 8.50 points loss of the index to 1,627.75. Trading finished with 14 active securities, 7 of which advanced and 5 declined. A total of 3,428,064 units, valued at $14,859,800 changed hands. The market ended with 4 stocks closing at new 52 weeks’ high.
Only 2 securities ended with no bids to buy and 11 had no stocks being offered for sale, an indication of chronic supply shortage of junior market stocks. A total of 8 stocks closed with bids higher than the last traded prices and none closed with a lower offer.
In trading, Access Financial lost $1, in trading 23,727 shares to close at $12.50. Caribbean Cream ended with 145,545 shares changing hands at $4.60, for a gain of 10 cents, Caribbean Flavours traded 140,890 units to end at $5, Caribbean Producers closed with a gain of 1 cent in trading 2,239,031 units at $4.61, for a new 52 weeks’ high but the stock traded as high as $6. Investors pushed Consolidated Bakeries up by 5 cents at the close, to end at $1.65 with 56,578 units changing hands. Derrimon Trading rose 30 cents with a mere 588 units changing hands at a 52 weeks’ high of $3.50, Dolphin Cove traded 145 units at $13.70 while losing 58 cents, General Accident Insurance traded 251,641 units at $1.90 for a 2 cents decline.JM - gph 17-11-15 Honey Bun with 73,727 shares changing hands, closed higher by 20 cents to a 52 a weeks’ high of $5.50, KLE Group gained 8 cents and ended with 14,920 units trading at 82 cents, Lasco Distributors closed with 5,350 shares changing hands to end at $4.38. Lasco Financial ended with a decline of 10 cents to $3.40, with a total of 400,852 shares changing hands, Lasco Manufacturing closed at $3.75 with 65,070 shares trading with a loss of 20 cents and Paramount Trading ended with 3,102 shares changing hands and gained of $1.79 to $9, for a new 52 weeks’ high.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , ,