D&G at new high with $64m trade

April 13, 2015 by

D&G traded over 10m shares on Monday

D&G traded over 10m shares on Monday

Desnoes & Geddes traded 10,710,929 shares, with a value of $64,265,574. Mayberry Investments sold from within their in house portfolio at $6 per shares, with the price ending at a new 52 weeks’ high after gaining 45 cents for the day.
Sagicor Investments bought the block as brokers for the buyer. Carreras was the other major traded to take place in the market with 1.3 million shares in ten separate trades. NCB Capital Market sold from in house inventory with Scotia Investments being the broker doing the vast majority of the buying. With the exception of 370 shares which traded at $43, the rest traded at $42.
Activity elsewhere on the Jamaica Stock Exchange, resulted in the prices of 7 stocks rising, 7 declining as 20 securities changed hands, ending in 13,368,989 units trading, valued at $131,890,39, in all market segments.
Main Market| The JSE Market Index lost 327.75 points to 85,319.89, the JSE All Jamaican Composite index fell 366.44 points to close at 94,109.89 and the JSE combined index dropped 351.94 points to close at 87,029.50
JSE sum 13-4-15 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 12 stocks with bids higher than their last selling prices and 4 with offers that were lower.
Carreras traded 1,300,000 at $42 for a $1 fall, Grace Kennedy with 47,691 shares closed trading at $63 for a $2 fall, Jamaica Money Market Brokers 7.50% preference share, closed with 250,000 units at $2.02, to record a 2 cents gain, Jamaica Producers Group lost $1.04 in trading only 200 shares and ended at $15.96. Sagicor Group traded 50,268 shares between $10.03 and $10.50 before closing at $10.50, Scotia Group ended up trading 354,932 shares for 45 cents higher at $22.50, Scotia Investments had 20,000 shares changing hands at $23 for a decline of 80 cents and Supreme Ventures closing with 36,120 units at $2.84, a decline of 11 cents.JSE qts 13-4-15 Stocks with good interest to buy are Berger Paints with 200,000 units on the bid at $1.60, Jamaica Broilers with the bid at $4.50 to buy 239,065 shares, JMMB Group with 807,884 shares on the bid at $7.02. Jamaica Producers has buyers for 496,855 units at $15.96, Radio Jamaica 200,000 shares at $1.50, Sagicor Group 341,717 shares on the bid at $10.06 and Scotia Investments with the bid at $23 to buy 133,940 shares.
There is strong interest to sell Sagicor Real Estate X Fund with 1,400,000 being offered at $6.95 and Jamaica Money Market Brokers 8.75% preference share at $3.20 for 400,000 units.

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

US$ back above J$115 Friday

April 10, 2015 by

FX US Pound The Jamaican dollar lost value against the US dollar on Friday, but made major gains on the Canadian dollar and the British pound as US dollar strengthening, push down the value of the two international currencies. Purchases of all currencies by dealers amounted to US$34,310,557 equivalent, compared with US$26,379,747, on Thursday and selling of the equivalent of US$39,722,654 versus sale of US$36,916,377, on the previous trading day.
In US dollar trading, dealers bought US$31,736,664 compared to US$23,763,336 on Thursday. The buying rate for the US dollar climbed 19 cents to $114.45 and US$38,071,864 was sold versus US$35,159,008 on Thursday, the selling rate rose 7 cents to end at $115.06.FX sum 10-4-15
The Canadian dollar buying rate dropped 81 cents to $89.07 with dealers buying C$911,732, and selling C$567,274, at an average rate that fell 45 cents to $91.28. The rate for buying the British Pound fell 79 cents to $167.08 for the purchase of £1,161,197, while £654,078 was sold, at an average rate of $168.49, for a $1.05 decline. At the end of trading it took J$122.78 to purchase the Euro, $1.28 less than on Thursday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$120.17 for a fall of $1.43 on Thursday’s rate. Other currencies bought, amounted to the equivalent of US$169,181 while the equivalent of US$242,967, was sold.
Highs & Lows| The highest buying rate for the US dollar, rose 9 cents to $115.19. The lowest buying rate jumped $7.69 to $93.69. The highest selling rate declined 11 cents to $120.05 and lowest selling rate dropped $12 to $90. FXHL 10-4-15The highest buying rate for the Canadian dollar rose 50 cents to $92.50, the lowest buying rate fell 42 cents to $72.21, but the highest selling rate fell 40 cents to $94 with the lowest selling rate falling $2 to $87. The highest buying rate for the British Pound, fell $1.40 to $169.80, the lowest buying rate was down $1.74 to $135.21 but the highest selling rate rose $1.68 to $175 and the lowest selling rate fell $3.40 to $162.90.

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

Jamaica Producers trades 5m shares

April 10, 2015 by

JPG traded 5 million shares but the price dropped $1.50

JPG traded 5 million shares but the price dropped $1.50

Jamaica Producers, Sagicor Group and National Commercial Bank dominated trading on the Jamaica Stock Exchange on Friday with a combined total of 8.45 million shares. Elsewhere, activity on the Exchange, resulted in the prices of 5 stocks rising, 7 declining as 18 securities changed hands, ending in 9,746,193 units trading, valued at $155,262,211, in all market segments.
Main Market| At the close the JSE Market Index gained 717.53 points to 85,620.15, the JSE All Jamaican Composite index rose index 802.23 points to close at 94,445.60 and the JSE combined index gained 674.14 points to close at 87,355.58.
JSE sum 10-4-15 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 13 stocks with bids higher than their last selling prices and 3 with offers that were lower.
Jamaica Producers traded 5,003,044 shares and lost $1.50 to end at $17 with 5 million units being bought by Stocks and Securities on behalf of clients, the selling broker was Proven Investments. Sagicor Group traded 2,288,352 shares, between $10.45 and $10.50 but closed at $10.50 for a small gain, National Commercial Bank had 1,167,359 units changing hands to close at $25.50. Carreras traded 101,583 units at $43 and suffered a lost $1.05, Scotia Group traded 244,951 shares, between $22 and $22.50 before settling at $22.05 for a loss of 45 cents andJSE qts 10-4-15
Proven Investments finished with 201,102 shares at 18 US cents.
Desnoes & Geddes traded just 1,700 shares to close at a 52 weeks’ high of $5.55 by posting a 5 cents gain. Grace Kennedy traded 3,850 shares at $65 for new 52 weeks’ highs and Supreme Ventures with 20,435 traded as high as $2.95, a new intraday 52 weeks’ high but ended down, at the close at $2.31 after shedding 49 cents from Thursday’s last price and Barita Investments suffered a fall of 27 cents to $1.95 for a new 52 weeks low. Proven 8% preference share traded 13,260 units to close at $5.05 after dropping 45 cents.

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

Carreras up $2.54 close to pre-taxed price

April 8, 2015 by

Carreras gained $2.54 in reach of recent highs

Carreras gained $2.54 in reach of recent highs

Wednesday’s activity on the Jamaica Stock Exchange, Carreras stock price jumped $2.54 on small volume as the stock price has adjusted back to levels that it was trading at prior to the recent tax hike on cigarettes. There was more activity on the market than on Tuesday, resulting in the prices of 11 stocks rising, 6 declining as 25 securities changed hands, ending in 2,962,954 units trading, valued at $13,940,525, in all market segments.
Main Market| The JSE Market Index gained 195.37 points to 85,164.97, the JSE All Jamaican Composite index rose 218.43 points to close at 93,936.69 and the JSE combined index gained 130.82 points to close at 86,912.58. IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 11 stocks with bids higher than their last selling prices and 4 with offers that were lower. JSE sum 8-4-15
Cable & Wireless traded 623,636 shares to close at 52 cents, Carreras jumped $2.54 with only 2,365 shares trading to end at $44.05 almost recovering the losses suffered after investors dumped the stock in March, following hike taxes on cigarettes.
Jamaica Broilers traded 269,910 shares at $4.51 and had an offer, to sell 215,000 units at $4.69, Jamaica Producers gained $1 to close at $17 while 6,004 units traded.
National Commercial Bank had 231,819 shares changing hands, to close at $25.50, with a gain of 50 cents, but traded as low as $25 and ending with 679,541 units on the offer at $25.50, with bids for 62,175 units at $25.01.JSE cht 8-4-15 Sagicor Group had 56,189 units trading to close 30 cents higher at $10.50 after trading as low as $10.25, at the close, 29,402 units were on offer at $10.50 and just above that, 1 million units for sale at $10.60. Scotia Investments traded 81,250 units at $23.80 with a gain of 22 cents but closed with a bid of $23.60 to buy 52,510 units while offers were at $23.80 to sell 199,850 units. Supreme Ventures closed trading with 153,850 at $2.30 and Jamaica Money Market Brokers 7.50% traded 370,000 shares at $2.

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

Big TTSE day – 21 stocks trade

April 8, 2015 by

TTSE Building2_280x150 Trading on the Trinidad Stock Exchange on Wednesday was one of the days with the largest number securities being active with 21 securities changing hands. 5 stocks advanced, 4 declined and 12 traded firm, with a total of 1,239,809 units, valued at $3,303,501.
At the close of the market, the Composite Index lost 0.87 points to close at 1,154.57, the All T&T Index rose by just 0.33 points to close at 1,972.90 and the Cross Listed Index fell by a mere 0.28 points to end at 44.08.
Gains| Stocks increasing in price at the close are, Clico Investment Fund trading 1,800 shares and advanced by 2 cents to end at $22.54, First Citizens Bank gained 8 cents to end the day at $35.46, National Flour Mills with a volume of 139,713 shares being traded for $216,325 closing 5 cents up at $1.55. Massy Holdings traded 266 shares to close with a gain of 4 cents at $63.05, Point Lisas Industrial Port traded 1,500 shares and closed with a gain of 6 cents to end at $3.59.
Declines| The stocks declining at the end of trading are, Agostini’s trading 500 shares to end 1 cent down, at $17.28, National Commercial Bank with 1,042,473 shares changing hands, for a value of $1,570,205, lost 5 cents in closing at $1.50. Republic Bank suffered a 4 cents loss to close at a new 52 weeks’ low of $117.79, after trading 6,000 shares with a value of $706,740 and Trinidad Cement with 4,928 shares traded to close with a 4 cents loss at $2.55.
TTSE -8-4-15 Firm Trades| Stocks closing with prices unchanged at the end of trading are, ANSA McAL traded 200 shares to close at $66.91, Flavorite Foods contributed 100 shares at $4.80, Firstcaribbean International Bank ended with 2,270 units changing hands at $5. National Enterprises ended with 3,000 to close at $17.35. One Caribbean Media ended with 3,269 shares changing hands to close at $22.30, Sagicor Financial Corporation contributed 11,080 shares to end at $5.80, Scotiabank closed at $62.02 while trading 1,500 units, Scotia Investments added 10,550 shares at $1.55, Unilever Caribbean with 2,120 shares changing hands closed at $66.02 and West Indian Tobacco traded 43 units to close at $125.10
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had just 1 stock with the bid higher than their last selling prices and 2 stocks with offers that were lower.

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

4 stocks up 3 down on TTSE

April 7, 2015 by

Unilever hits a new 52 weeks' high on TTSE on Tuesday

Unilever hits a new 52 weeks’ high on TTSE on Tuesday

Trading on the Trinidad Stock Exchange ended on Tuesday with 15 securities changing hands of which 4 advanced, 3 declined and 8 traded firm, with a total of 160,108 units, valued at $3,898,926.
At the close of the market, the Composite Index advanced by 0.22 points to close at 1,155.44, the All T&T Index lost 0.39 points to close at 1,972.57 and the Cross Listed Index increased by a mere 0.12 points to end at 44.36.
Gains| Stocks increasing in price at the close are, First Citizens Bank trading 312 shares to close with a gain of 1 cent, at $35.38, Sagicor Financial gaining 5 cents to end at $5.80, while trading 10,200 shares. Scotiabank gaining 2 cents to close at $62.02, while 11,052 units valued at $685,445 changed hands and Unilever Caribbean trading 3,659 units with a value of $241,510, to close at a new 52 weeks’ high of $66.02.
Declines| The stocks declining at the end of trading are, Praetorian Property Mutual Fund declining by 2 cents to end at $3.48 with 2,000 units trading, Republic Bank adding 11,965 shares valued at $1,409,931 and lost 4 cents, in ending at a 52 weeks’ low of $117.83 and
TTSE 7-4-15Trinidad Cement with 11,500 shares traded and lost 1 cent in closing at $2.59.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Agostini’s with just 10 shares, closed at $17.29, Clico Investment Fund with 14,120 shares valued at $318,026 remained at $22.52, Flavorite Foods trading 20 shares to close at $4.80, Guardian Holdings contributed 15,000 shares with a value of $217,500 to end at $14.50. National Commercial Bank with 40,000 shares changing hands at $1.55, National Enterprises with 6,600 shares to end at $17.35, National Flour Mills contributed 387 shares at $1.50 and One Caribbean Media with a volume of 33,283 shares being traded for $742,211 and ended at $22.30.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than their last selling prices and 3 stocks with offers that were lower.

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

Scotia pushed up JSE on Thursday

April 2, 2015 by

Scotia closed at a new 52 weeks' high on Thursday

Scotia closed at a new 52 weeks’ high on Thursday

Trading on the Jamaica Stock Exchange, started Thursday off on a bright note with the main market index gaining nearly 2,000 points by 10 in the morning. This robust activity did not carry over to the rest of the day and the indices eased a bit as Scotia Group, the main reason for the big jump, pulled back from $23 to $22.50 at the close.
Trading resulted in the prices of 10 stocks rising, 3 declining as 20 securities changed hands, ending in 2,668,728 units trading, valued at $29,091,872, in all market segments.
Main Market| The JSE Market Index gained 1,509.67 points to 85,105.92, the JSE All Jamaican Composite index rose 1,687.89 points to close at 93,870.67 and the JSE combined index gained 1,494.99 points to close at 86,787.92.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 9 stocks with bids higher than their last selling prices and 7 stocks with offers that were lower, an indication of a market that will move in a sideward manner near term.
JSe sum 2-4-15Scotia Group traded 841,758 shares between $22.20 and $23 but closed at a new 52 weeks’ high of $22.50, Scotia visible supply, is only 111,000 shares between $22.50 and $24.49 while demand is above 363,000 down to $21.50 with more at $21.11 and lower. Jamaica Broilers Group traded 335,165 shares at $4.50 and ended with a bid of $4.30 to buy 112,000 units and an offer of 60,000 at $4.69, strong support is at $4 for 1.93 million units. National Commercial Bank traded 129,760 units to close at $25 and ended with a bid of $25 to purchase 83,333 shares with an offer of 200,000 shares at $25.28, there is also 679,000 units on offer at $25.50, good support is down to $24 to $24.17. Sagicor Group traded 229,350 shares and closed at $10.50. There are two offers one at $11.40 to sell $17,500 shares and another to sell 887,000 units at $12.50, there is good support at $10 with of 520,000 units.
Other stocks of interest are Desnoes and Geddes with the bid at $5.50 to buy 20,000 shares but with only one offer to sell 10 million units at $6, stronger support is at $5.41. Carreras with a bid at $41 to buy 7,500 units with further support down to $40 with the lowest offer being at $44.50 for 4,000 shares, the next offer is at $46 for 12,000 and 2,000 shares at $47. Significant offer is at $50 and then $56.50.
JSE qts 2-4-15fnJamaica Money Market Brokers has a bid to but 100,000 units at $7.05 and the lowest offer is at $7.98 to sell 7,000 units, currently, there is not much on the sell side around the lowest offer, while buying is mostly around the $6.50 level. Radio Jamaica has 1 million units on the bid at $148 with one offer at $2 for 190,000 units for sale and Sagicor Real Estate Fund with 1.44 million units on the offer at $6.95 to sell and moderate demand with a bid for 16,030 at $6.90, total bids amounts to 60,000 units with $5 being the lowest.

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

2 new highs on TTSE Thursday

April 2, 2015 by

WITCO traded at a new 52 weeks' high on Thursday

WITCO traded at a new 52 weeks’ high on Thursday

Trading on the Trinidad Stock Exchange on Thursday ended with 15 securities changing hands of which 5 advanced, 3 declined and 7 traded firm with a total of 484,840 units, valued at $17,058,064 as two stocks closed at 52 weeks’ high.
At the close of the market, the three main indices advanced, the Composite Index rose 0.40 points to 1,155.22, the All T&T Index rose 0.49 points to close at 1,972.96 and the Cross Listed Index increased by a mere 0.04 points to end at 44.24.
Gains| Stocks increasing in price at the close are, Clico Investment Fund trading 45,300 shares, valued at $1,020,159 to advance by 1 cent, to $22.52. Jamaica Money Market Brokers trading 550 units, closing at $43, with a gain of 2 cents, Scotia Investments with 3,888 shares trading, advanced by 2 cents to $1.55. Unilever Caribbean stock price rose 44 cents, to end at a new 52 weeks’ high of $66, with 2,820 shares changing hands and West Indian Tobacco traded 297 shares to close with a gain of 5 cents to end at a new 52 weeks’ high of $125.10.
Declines| The stocks declining at the end of trading are, First Citizens Bank trading 4,558 shares and closing 1 cent down, at $35.37, Republic Bank fell 6 cents to close at $117.87 with 30,535 shares traded for $3,599,300 and Scotiabank, the volume leader, with 167,494 shares changing hands for a value of $10,401,420, closing at $62.
TTSE -2-4-15 Firm Trades| Stocks closing with prices unchanged at the end of trading are, Firstcaribbean International Bank with 937 shares changing hands, and closing at $5, Guardian Holdings contributing 1,154 shares closing unchanged at $14.50. National Commercial Bank trading 3,100 units at $1.55, National Flour Mills traded 1,847 shares at $1.50, One Caribbean Media closing at $22.30 with 503 shares trading, Prestige Holdings with a volume of 139,113 shares being traded for $1,391,130 at $10 and Trinidad Cement in contributing 82,744 shares with a value of $215,134 at $2.60.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than their last selling prices and 3 stocks with offers that were lower.

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

TTSE’s moderate April start

April 1, 2015 by

Trading on the Trinidad Stock Exchange ended on Wednesday with 9 securities changing hands of which 4 advanced, 2 declined and 3 traded firm with a total of 269,896 units, valued at $687,834.
At the close of the market, the Composite Index rose 0.57 points to close at 1,154.82, the All T&T Index gained 0.51 points to close at 1,972.47 and the Cross Listed Index increased by 0.08 points to end at 44.20.
TTSe sum - 1-4-15 Gains| Stocks increasing in price at the close are, First Citizens Bank trading 139 shares to close with a gain of 1 cent, at $35.38, Massy Holdings trading 233 shares to close 1 cent higher at $63.01, Sagicor Financial Corporation contributing 13,200 shares and increasing by 15 cents to $5.75 and Trinidad Cement with 90,000 shares trading for $233,510, closed up 5 cents at $2.60.
Declines| The stocks declining at the end of trading are, National Commercial Bank with 160,120 shares changing hands for a value of $248,186 lost 1 cent to end at $1.55 and Scotiabank with only 50 shares trading closed with a 1 cent loss at $62.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Ansa Mcal traded 40 shares to close at $66.91, Clico Investment Fund with 4,240 shares valued at $95,442 trading, the price remained at $22.51 and Firstcaribbean International Bank added 1,874 shares at $5.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bid higher than their last selling prices and 3 stocks with offers that were lower.

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

TTSE closes quarterly quietly

March 31, 2015 by

Trading on the Trinidad Stock Exchange was very moderate. Only 10 securities changed hands of which 1 advanced, 3 declined and 6 traded firm with a total of a mere 50,818 units, valued at $1,434,176.
At the close of the market, the Composite Index lost 0.46 points to close at 1,154.25, the All T&T Index rose fell by just 0.08 points to close at 1,971.96 and the Cross Listed Index fell 0.13 points to end at 44.12.
TTSE 31-3-15 Gains| The only stocks increasing in price at the close is, First Citizens Bank that had 4,063 shares valued at $143,708 changing hands by climbing 2 cents to end at $35.37.
Declines|The stocks declining at the end of trading are, Clico Investment Fund with only 1,800 shares trading, declining by 9 cents, to end at $22.51, Firstcaribbean International Bank trading 1,541 shares to close with a loss of 3 cents, at $5 and Massy Holdings trading 5,655 shares with a value of $356,267 to close with a loss of 1 cent, at $63.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Agostini’s with just 10 shares ended trading at $17.29, Angostura Holdings with 7,000 shares trading, ended at $14, Guardian Holdings with 27,086 shares changing hands for a value of $392,747, closed at $14.50. National Commercial Bank trading 300 units to close at $1.56, One Caribbean Media traded 21 units to close at $22.30 and Republic Bank contributed 3,342 shares with a value of $394,122 as the price closed unchanged at $117.93.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than their last selling prices and 3 stocks with offers that were lower.

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