Falling prices dominate with 15 down

June 16, 2015 by

Carreras dominated with $64.8M in value

Carreras dominated with $64.8M in value

Activity on the Jamaica Stock Exchange, resulted in the prices of 7 stocks rising, 15 declining as 28 securities changed hands, ending in 4,785,392 units trading, valued at $101,683,594, in all market segments as Carreras dominated trading with shares valued at $64.8 million. For the first time in a few weeks there were no stocks at new 52 week’s high at the close.
TheJSE Market Index lost just 3.39 points to 96,596.51, the JSE All Jamaican Composite index fell 3.79 points to close at 108,907.87 and the JSE combined index gained 28.63 points to end at 99,293.77.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 19 stocks with bids higher than JSE sum 16-6-15 their last selling prices and 7 with offers that were lower, an indication that the number of stocks likely to gain on Wednesday should outnumber the ones declining.
In trading, Cable & Wireless put on 2 cents with 431,297 units changing hands to close at 46 cents. Caribbean Cement rose 1 cent while trading 121,350 shares at $5, Carreras gained 28 cents in trading 1,341,078 to end at $48.35, with NCB Capital Market s being the main broker selling and Sagicor Investments the main broker buying. Grace Kennedy suffered a decline by 40 cents with 8,919 shares changing hands at $63.50, Hardware & Lumber traded 50,000 shares at $18, with just one trade. Jamaica Broilers slipped 30 cents with 23,654 shares trading to close at $5.20, followed by Kingston Wharves that fell 15 cents to $6.40 with only 725 units trading, JSE fn Qts 16-6-15National Commercial Bank traded 528,170 units to close at $29.46 down from the last traded on Monday of $30, as the price slipped 54 cents. Sagicor Group fell 30 cents to $12.30 with 94,210 shares changing hands. The price of Sagicor Real Estate Fund rose 10 cents, with 42,375 shares changing hands, to end at $7.70. Scotia Investments fell 72 cents as 25,291 shares traded to close at $26.28 and Proven Investments traded 595,502 shares at 21 US cents, down from 21.05 US cents on Monday, after 467,745 units were traded in the morning session, at 22 US cents.

Filed Under: General Business News, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , ,

Trading shrinks on TTSE

June 16, 2015 by

TTSEDailyTRading280x150 In another moderate trading session on the Trinidad Stock Exchange the market ended with 10 securities changing hands of which 2 advanced, 2 declined and 6 traded firm with a total of only 26,774 units, valued at $603,287.
At the close of the market, the Composite Index lost 0.15 points to close at 1,161.56, the All T&T Index fell by 0.30 points to close at 1,969.17 and the Cross Listed Index remained at 46.45.
Gains| Stocks increasing in price at the close are Ansa McAl with 10 shares trading to close higher by a cent at a new 52 weeks’ high of $67.16 and Clico Investment Fund with 13,700 shares valued at $309,075 to close with a gain of 2 cents at $22.57.
Declines| The stocks declining at the end of trading are, Guardian Holdings had 1,450 shares changing hands for 5 cent lower to $14 and Prestige Holdings lost 5 cents in trading 4,000 shares at $9.85.
TTSE16-6-15 Firm Trades| Stocks closing with prices unchanged at the end of trading are, First Citizens Bank trading 1,190 shares and closing at $35.81. Guardian Media had 2,131 units changing hands at $19.76, One Caribbean Media trading just 40 shares to close at $22.42, Point Lisas trading 75 shares at $3.81, Sagicor Financial Corporation trading 2,000 shares to close at $6.25 and Scotiabank with 2,178 shares to close at $62.15.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator shows 4 stocks with the bid higher than their last selling prices and 3 with the offer that is lower.

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

FX purchases exceed sales again

June 15, 2015 by

FX_USPound2 Purchases of all currencies by dealers on Monday was greater than the amount sold by US$8.5 million and increases the net purchases by $12.5 million since Friday. The Jamaican dollar remained stable against the US dollar but rose against the Pound and the Canadian dollar. Dealers bought the equivalent of US$43,691,010 compared with US$29,230,364, on Friday while they sold the equivalent of US$35,083,711 versus US$25,122,040 previously.
In US dollar trading, dealers bought US$39,437,114 compared to US$22,763,864 on Friday. The buying rate for the US dollar gained 5 cents at $115.78 and US$32,592,055 was sold versus US$22,000,617 on Friday, the selling rate remained unchanged at $116.36. FX sum 15-6-15The Canadian dollar buying rate slipped 32 cents to $91.88 with dealers buying C$1,362,880 and selling C$897,179, at an average rate that dropped $1.29 to $93.99. The rate for buying the British Pound increased 2 cents to $177.28 for the purchase of £1,514,097, while £660,200 was sold, at an average rate that declined 59 cents to $179.95. At the end of trading it took J$131.13 to purchase the Euro, 43 cents more than on Friday , according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.46 for 45 cents more than Friday’s rate. Other currencies bought, amounted to the equivalent of US$853,963, while the equivalent of US$746,010, was sold.
Highs & Lows| The highest buying rate for the US dollar rose 10 cents to $116.75, the lowest buying rate inched up 17 cents to $95.36. The highest selling rate jumped $3.99 to $122.19 and the lowest selling rate grew 17 cents to $95.36. FX HL 15-6-15The highest buying rate for the Canadian dollar gained 40 cents to $94.80, the lowest buying rate garnered 4 cents to $75.03, the highest selling fell 70 cents to $96.80 and the lowest selling rate declined 10 cents to $90.40. The highest buying rate for the British Pound, remained unchanged at $181.30, the lowest buying rate increased by $1.62 to $145.04, with the highest selling rate jumping $3.05 to $186.98 and the lowest selling rate remained unchanged at $173.60.

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

JSE inches up on Monday

June 15, 2015 by

Sagicor traded at a new 52 weeks' high on Monday

Sagicor traded at a new 52 weeks’ high on Monday

Activity on the Jamaica Stock Exchange, resulted in the prices of 14 stocks rising, 10 declining as 33 securities changed hands, ending in 5,016,448 units trading, valued at $23,000,266 and 4 stocks closing at new 52 weeks’ high, in all market segments.
TheJSE Market Index gained 71.71 points to 96,599.90, the JSE All Jamaican Composite index rose 80.16 points to close at 106,911.66 and the JSE combined index gained 34.45 points to end at 99,265.14.
JSE sum 15-6-15 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 15 stocks with bids higher than their last selling prices and 7 with offers that were lower.
Stocks trading include, Cable & Wireless traded 830,959 units at 44 cents, Caribbean Cement ended with 42,304 shares changing hands at $4.99 after gaining 14 cents. Carreras closed with 47,127 stocks units trading and lost 93 cents at $48.07, Desnoes & Geddes gained 45 cents with just 1,404 units trading, to end at $8, Grace Kennedy had 3,560 shares changing hands after losing 5 cents to end at $63.90. Hardware & Lumber traded 20,000 stocks units with a loss of $1 to close at $18. Jamaica Broilers traded 250,000 shares at $5.50 after shedding 25 cents, Jamaica Stock Exchange traded 9,331 shares to close unchanged at $6.35, JMMB Group closed with 23,587 shares changing hands at $7.45 for a 15 rise, Mayberry Investments had 11,195 units changing hands at $2.88, JSE clse qts- 15-6-15National Commercial Bank traded 48,527 units to close at $30, after gaining 50 cents. Pulse Investments had 306,000 shares trading at a 52 weeks’ high of 55 cents, to record a gain of 10 cents. Radio Jamaica traded 25,185 stocks units with a loss of 1 cent, to close at $3, Sagicor Group traded 776,521 shares to close at a 52 weeks’ high of $12.60, after putting on 54 cents, Scotia Group ended with 14,717 shares trading unchanged at $23.10. Seprod ended with 19,041 shares changing hands at $15.45 for a gain of 7 cents, Jamaica Money Market Brokers 7.50% preference share traded 435,206 units at $2 and Jamaica Money Market Brokers 8.75% preference share traded 324,497 units at $3.

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

Junior market slips slightly

June 15, 2015 by

Cargo Handlers closed at a new high of $24 on Monday

Cargo Handlers closed at a new high of $24 on Monday

Trading ended on the Junior Market with 9 securities trading, and ended with 1,636,539 units changing hands valued at $3,113,265. The JSE Junior Market Index 5 declined 3.65 points to close at 903.68, with the price of 5 stocks advancing and 3 declining with 2 closing at a 52 weeks’ high.
At the close of the market, there were 5 stocks with bids higher than their last selling prices and only 4 with lower offers. Trading ended with 4 securities closing with no bids to buy and 9 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Cargo Handlers traded at a new high of $24 with 1,415 units to gain 49 cents on Friday’s last sale price. JM 15-6-15Caribbean Cream traded at a new all-time high of $2 but slipped back to $1.85 having traded 36,865 shares and closed with the offer at $1.80 to sell 100 shares. General Accident Insurance concluded trading with 106,178 shares changing hands to close 19 cents lower at $1.56, Jamaican Teas closed with only 2,070 shares trading at $3.52, for a 2 cents fall, Lasco Distributors traded 252,985 shares, 1 cent higher at $1.41, Lasco Financial Services finished trading with 1,202,900 units, the price gained 4 cents to $2.04. Lasco Manufacturing had trading in 23,584 shares to gain 1 cent to $1.46, Medical Disposables contributed 8,000 shares with the price rising 20 cents, to close at a 52 weeks’ high of $2.30 and Paramount Trading ended trading with 2,542 shares with a decline of 50 cents at $5.

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

Scotiabank drops 40 cents on TTSE

June 15, 2015 by

Scotiabank drops 40 cents on TTSE on Monday

Scotiabank drops 40 cents on TTSE on Monday

Moderate trading on the Trinidad Stock Exchange, ended with Scotiabank shedding 40 cents with a small volume of shares and ending with 8 securities changing hands of which 1 advanced, 2 declined and 5 traded firm with a total of 49,066 units, valued at $642,994.
At the close of the market, the Composite Index lost 0.64 points to close at 1,161.71, the All T&T Index fell by 1.29 points to close at 1,969.47 and the Cross Listed Index remained at 46.45.
Gains| The only stocks increasing in price at the close is National Flour trading 1,000 shares to close with a gain of 5 cents at new 52 weeks’ high of $2.05.
Declines| The stocks declining at the end of trading are, Ansa Merchant Bank with 150 shares trading to close down a cent at $38.94 and Scotiabank with 1,000 shares, declined 40 cents to close at $62.15.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund with 10,170 shares valued at TTSE 15-6-15$229,334 to close unchanged at $22.55, First Citizens Bank trading 4,532 shares valued at $162,290 to close at $35.81, Flavorite Foods had 27,676 units changing hands at $4.80, Massy Holdings trading 346 shares to close at $64.35 and Sagicor Financial Corporation trading 4,192 shares to close at $6.25.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator shows 4 stocks with the bid higher than their last selling prices and 1 with the offer that is lower.

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

Mild decline at JSE in early trading

June 15, 2015 by

With an hour of trading on the Jamaica Stock Exchange having passed, the market JSE int 10.30 - 15-6-15indices fell with a total of 5 stocks have declined and 5 are up.
The main market has so far had 15 stocks being active while only 3 stocks have so far traded in the junior market for a total of 18 securities trading accounted for 2.27 million shares.
Cable & Wireless traded 830,959 units at 44 cents and Sagicor Group traded 689,489 shares at $12.15 to be the noted trades so far. Caribbean Cream traded at a new all-time high of $2 but has since slipped to $1.85 and Cargo Handlers traded at a new high of $24 with 1,415 units.
TheJSE Market Index lost 101.99 points to 96,528.19 the JSE All Jamaican Composite index fell 114 points to close at and the 106,717.95 JSE combined index dropped 190.63 points to end at 99024.44, the junior market index climbed 10.41 to a new high of 896.92 points.

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

Purchases exceed sales by US$4m Friday

June 12, 2015 by

FXTrading280x150 Sale of and purchases of all currencies by dealers was US$4 million less than sales on Friday as the Jamaican dollar slipped against two of the main currencies it regularly trades against, but trading in the important US dollar currency was evenly matched. Dealers bought the equivalent of US$29,230,364 compared with US$26,229,816, on Thursday while they sold the equivalent of US$25,122,040 versus US$26,264,239 previously.
In US dollar trading, dealers bought US$22,763,864 compared to US$22,637,066 on Thursday. The buying rate for the US dollar gained 5 cents at $115.73 and US$22,000,617 was sold versus US$24,198,294 on Thursday, the selling rate climbed 3 cents to $116.36. FX sum 12-6-15The Canadian dollar buying rate rose 25 cents to $92.20 with dealers buying C$1,018,027 and selling C$1,218,213, at an average rate that climbed 34 cents to $95.28. The rate for buying the British Pound increased 76 cents to $177.26 for the purchase of £3,214,767, while £877,534 was sold, at an average rate that jumped $1.64 to $180.54. At the end of trading it took J$130.69 to purchase the Euro, 71 cents less than on Thursday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.01 for 64 cents lower than Thursday’s rate. Other currencies bought, amounted to the equivalent of US$731,597, while the equivalent of US$762,505, was sold.
Highs & Lows| The highest buying rate for the US dollar rose 15 cents to $116.65, the lowest buying rate remained unchanged at $95.19. The highest selling rate dropped $3.78 to $118.20 and the lowest selling rate declined $1.88 to $95.19. FX HL 12-6-15The highest buying rate for the Canadian dollar slipped 20 cents to $94.40, the lowest buying rate eased 29 cents to $74.99, the highest selling rose 45 cents to $97.50 and the lowest selling rate fell 20 cents to $90.50. The highest buying rate for the British Pound, increased $1.20 to $181.30, the lowest buying rate was unmoved at $143.42, with the highest selling rate dipped 97 cents to $183.93 and the lowest selling rate rose 80 cents to $173.60.

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

AJ Index falls 3,000 points in 6 days

June 12, 2015 by

Scotia Group fell again on Friday to $23.10 from its recent 52 weeks' high of $27, and is the major factor behind the 3,000 points fall in the market index.

Scotia Group fell again on Friday to $23.10 from its recent 52 weeks’ high of $27, and is the major factor behind the 3,000 points fall in the market index.

The Jamaica Stock Exchange, closed out the week on a negative note with the prices of 8 stocks rising, 17 declining as 35 securities changed hands, ending in 3,084,121 units trading, valued at $28,761,098. A total of 3 stocks traded to close at a new 52 weeks’ high, in all market segments.
Since last week Friday the main market has slipped 5 days out of the 6 trading days. The last three days recorded negative movements in the indices. The JSE Market Index lost 805.17 points to close at 96,528.19, and is down over 2,700 points from last week’s Thursday close, the JSE All Jamaican Composite index fell 899.97 points to close at 106,831.50 and has lost more 3,000 points since last week’s Thursday close. The JSE combined index dropped 989.73 points to end JSE sum 12-6-15at 99,230.69 on Friday and lost just over 2,600 points since Thursday, last week.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 7 stocks with bids higher than their last selling prices and 8 with offers that were lower, a negative indicator for Monday’s trading.
In trading, Cable & Wireless ended with 77,630 shares changing hands and closed unchanged at 44 cents, Carreras traded 213,902 shares to close at $49 after losing 50 cents, Desnoes & Geddes ended with 106,421 shares changing hands with the price declining 45 cents to $7.55, Grace Kennedy traded 10,133 units to close at $63.95. Jamaica Broilers closed at a new 52 weeks’ high of $5.75 to gain 35 cents, with 431,083 units changing hands,JSE clse qts- 12-6-15 Jamaica Stock Exchange ended with 15,415 shares trading and closed at $6.35, to lose 15 cents. JMMB Group gained 8 cents to end at $7.30 with 134,900 shares, Kingston Wharves lost 49 cents with 8,000 shares trading at the close at $6.51, National Commercial Bank had 36,290 units trading unchanged at $29.50. Sagicor Group traded only 31,267 shares, was quoted at $12.06 when trading ended, with a loss of 34 cents. The stock traded at a new 52 weeks’ high of $12.50 during the day. Scotia Group had 301,432 shares changing hands at $23.10 with a loss of 50 cents, Sterling Investments saw 11,660 units trading at $13.40 and put on 5 cents, Supreme Ventures had 46,994 units changing hands at $3.65 for a 5 cents gain and Proven Investments 8% preference share traded 127,800 units at $5.

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

TTSE ends week in balance

June 12, 2015 by

TTSETrading280x150 Trading on the Trinidad Stock Exchange ended on Friday with 13 securities changing hands of which 2 advanced, 2 declined and 9 traded firm with a total of 390,967 units, valued at $15,929,224.
At the close of the market, the Composite Index gained 0.15 points to close at 1,162.35, the All T&T Index rose by just 0.19 points to close at 1,970.76 and the Cross Listed Index increased by a mere 0.01points to end at 46.45.
Gains| Stocks increasing in price at the close are, ANSA McAL with 202,907 shares changing hands for a value of $13,625,148 and closed with a gain of 7 cents at $67.15 for a new 52 weeks’ high and Sagicor Financial traded 6,668 shares to close with a gain of 2 cents at $6.25.
Declines| The stocks declining at the end of trading are, One Caribbean Media lost 3 cents to close at $22.42 with 575 shares and Republic Bank with 1,478 shares trading closed down a cent at $114.96 for a new 52 weeks’ low.
TTSE 12-6-15 Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund with 26,400 shares valued at $595,320 traded to end at $22.55, Flavorite Foods with a volume of 122,903 shares being traded for $589,934 close at $4.80, First Citizens Bank traded 3,004 shares and closed at $35.81. Grace Kennedy with 1,500 shares changing hands, closed at $3.53, Massy Holdings traded 10,230 shares, valued at $658,300, to close at $64.35, Praetorian Property Mutual Fund remained at $3.10 after trading 2,000 shares, Point Lisas had 2,416 units changing hands at $3.81and Prestige Holdings contributed 10,886 shares to end at $9.90.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator shows 2 stocks with the bid higher than their last selling prices and 2 with offers that were lower.

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