TTSE: Holding steady

March 14, 2014 by

Friday, 14th March 2014 | Market activity on the final day of the week on the Trinidad & Tobago Stock Exchange resulted in 16 securities changing hands of which 4 advanced, 3 declined and 9 traded firm as 1,438,329 shares traded for $9,769,199.

Price movements resulted in the Composite Index falling by 11.53 points to close at 1,182.92, the All T&T Index advanced by 1.60 points to 2,010.83 and the Cross Listed Index declined by 3.29 points to close at 46.56.

Gains | Stocks recording gains at the end of trading are Clico Investment Fund that traded 54,086 shares valued at $1,170,962 as the price rose by 2 cents to end at $21.65; First Citizens Bank gained 65 cents to close at $37.65 while trading 37,550 shares; One Caribbean Media with 375 units with a 9 cents increase to $19.70 a new 52 weeks high; Trinidad Cement with a volume of 463,720 shares valued at $1,065,802 to close at $2.30 up by 5 cents.

TTSEMar14Firm trades | Stocks trading with unchanged prices at the end of the day are Angostura Holdings 12,870 shares with the price closing at $11; Guardian Media 3,000 units at $19.75; Jamaica Money Market Brokers with 517,200 shares changing hands for a value of $232,740 as the price remained at 45 cents; National Commercial Bank Jamaica with 170,494 shares with a value of $199,477 to close at $1.17; while National Flour Mills added 64,064 shares valued at $73,674 to close at $1.15; National Enterprises 4,780 units while closing at $18.25; Neal & Massy with 50,000 shares at $66.32; Unilever Caribbean 1,534 shares at $58.05 and West Indian Tobacco 14,470 shares at $118.

Declines | FirstCaribbean International Bank fell 73 cents to close at $5.75 while trading 20,500 units; Grace Kennedy traded 23,536 shares to close at $3.65 for a 4 cents decline and Sagicor Financial Corporation exchanged 150 shares at $7.39and was down by 3 cents.

IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator showed weakness in the market with 2 stocks having bids higher than the last selling price and 3 stocks with offers that were lower.

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

TTSE: Declining stocks plentiful

March 13, 2014 by

 Thursday, 13th March 2014 | Unilever Caribbean traded 1,199 shares to close at 90 cents higher at $58.05 and One Caribbean Media with 500 units with the price moving up by 6 cents to $19.61 were the only stocks to rise at the end of trading on a day when 19 securities traded of which 2 advanced, 5 declined and 12 traded firm. The closing prices were new 52 weeks highs for both stocks on the Trinidad & Tobago Stock Exchange.

Trading activity resulted in 367,999 shares changing hands valued at $27,419,487 and the Composite Index declining by 1.08 points to close at 1,194.45, the All T&T Index easing back by 1.10 points to 2,009.23 and the Cross Listed Index inched down 0.14 points to end at 49.85.

Declines | Stocks declining are First Citizens Bank losing 65 cents to close at $37 while trading 1,400 units; Grace Kennedy with 31,800 shares with a value of $117,242 closing a cent down at $3.69; Guardian Holdings 719 units at $14.47, off by a cent; National Commercial Bank 2,006 shares at $1.17, with a one cent fall and Sagicor Financial Corporation 1,000 shares at $7.42 down by 2 cents.

TTSEMar13Firm Trades | Stocks with prices unchanged are Angostura Holdings with 11,134 shares while closing at $11; Berger Paints 200 units at $3.60; Clico Investment Fund 7,804 shares valued at $168,831 as the price closed at $21.65; Jamaica Money Market Brokers 4,048 units to close at 45 cents; National Enterprises 160 units at $18.25; Neal & Massy with a volume of 99,301 shares being traded for $6,585,643 as the price closed $66.32; Trinidad Cement added 24,000 shares valued at $54,000 to close at $2.25; Republic Bank with 11,804 shares and closed at $120; Scotiabank 2,096 units to close at $72.50; Point Lisas Industrial Port Development 750 units closing at $3.60; West Indian Tobacco with 158,741 shares changing hands for a value of $18,731,438 as the price closed at $118.

IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator shows no stock with a bid higher than the last selling price and 3 stocks with offers that were lower.

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

FX: J$109 to the US

March 12, 2014 by

Wednesday, 12th March 2014 | Trading in the forex market continued its buoyancy but with buying being almost $3.5 million less than on Tuesday with the equivalent of US$29,252,753 purchased compared with US$32,814,104 purchased on Tuesday. Dealers sold US$28,518,794 compared to US$35,056,222 sold on the previous trading day.

Dealers bought US$26,728,659 versus US$26,954,780 on the previous trading day as the rate rose 17 cents to an average of $108.35 and sold US$26,613,914 for 8 cents higher at $109.02, $4 million less than the US$31,164,042 sold on the previous trading day.

FX_TRADE+Currency+Mar12The Canadian dollar was bought for an average of $96.18, for a fall of 23 cents with C$748,855 purchased by dealers and only C$494,579 sold at $98.11 for a 31 cents fall. There was purchasing of £1,030,110 as the rate fell 61 cents to end at $178.38 and only £619,076 was sold, with the rate slipping 40 cents to $181.38.

Other currencies bought amounted to the equivalent of US$159,198 while US$429,829 was sold.

Highs & Lows | The highest and lowest rates were mostly up for all currencies.

FX_TRADE+HighLow+Mar12The highest buying rate for the US dollar was up 10 cents to $110, while the low was up 25 cents to $88.34; the highest selling rate was unchanged at $113.21 and the lowest selling rate increased by 25 cents to $88.09.

The highest buying rate for the Canadian dollar picked up 40 cents to $99.10, the lowest buying rate was unchanged at $77.61. The highest selling rate ended down by 48 cents at $100.10 and the lowest selling gained $1.90 at $95.40.

The highest buying rate for the British Pound was up 25 cents to $182.60, the lowest buying rate ended up by $26.72 to $144.42. The highest selling rate slipped 97 cents to $185.52 and the lowest rate increased by $3.50 to $177.50.

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

JSE: Participation rises, indices jump

March 12, 2014 by

Wednesday, 12th March 2014 | Trading on the Jamaica Stock market resulted in the prices of 12 stocks rising and 11 declining as 36 securities traded totalling 6,209,101 shares valued at $48,209,856. The number of companies trading was one of the highest for the year, tying with the previous highest day on January 29th, an indication that the market is generating more interest from investors.

Main Market trading | 7 companies in the main market advanced and 7 declined as the indices moved up strongly with the JSE Market Index gaining 1,182.56 points to 78,595.45 and the JSE All Jamaican Composite index moved up 1,321.76 points to close at 86,590.28

Gains | Caribbean Cement trading 18,567 units at $4.45 for a rise of 6 cents; Carreras traded 387,368 units at $35 to close up by 30 cents; Gleaner had 402,394 units changing hands a $1.20 up by 10 cents; Jamaica Broilers traded 457,322 shares at $5 as the price gained 20 cents; Jamaica Money Market Brokers had 207,214 ordinary shares changing hands to close at $7.20 for a one cent gain; Jamaica Money Market Brokers 8.75% preference traded 1,333,000 units at a cent higher to close at $3.01 and Sagicor Group put through 108,039 units at $9.40 up 40 cents.

Firm | Stocks without a price change are Grace Kennedy with 19,850 shares closing at $59.99; Jamaica Money Market Brokers 7.25% preference shares traded 250 units and closed at $2.50 while the 7.50% preference traded 259,569 units to close at $2; Jamaica Producers had 27,440 shares trading at $18.26; Cable & Wireless 722,000 units at 60 cents; Proven Investments 4,230 units at 18 US cents; Salada Foods 9,800 shares at $9; Scotia Group 877,705 shares to close at $21 after trading as high as $22.49; Scotia Investments 25,230 shares to close at $25.50; Seprod 1,082 shares at $11.50 and Supreme Ventures 300 shares at $2.35.

Declines | Kingston Wharves with 4,796 units as the price lost 6 cents to end at $6; Mayberry Investments traded 1,000 shares to close 5 cents lower at $1.85; National Commercial Bank 6,604 units at 35 cents lower at $19; Pan Jamaican Investment 1,229 shares at $50 in losing a cent; Radio Jamaica 257,250 shares at $1.37, a fall of 3 cents; Sagicor Investments only 670 units to close at $17.99, down a cent and Sagicor Real Estate Fund 5,200 shares, closing down by 4 cents to end at $7.15.

JSEIndicesMar12Junior Market trading | The JSE Junior Market Index declined by 7.83 points to close at 714.99 as 11 stocks traded with 5 advancing and 4 declining.

Gains | Caribbean Producers traded 48,599 units to close at $2.75, up 5 cents; General Accident 165,461 units at $1.60 for a one cent increase; Jamaican Teas only 4,443 shares but the price rose 7 cents to end at $3.13 followed by Lasco Manufacturing with 67,941 units at $1.23 for a one cent gain and Paramount Trading exchanged 1,000 units to close at $2.93 a fall of a cent.

Firm Trades | Access Financial Services traded 3,784 units at $8 and Medical Disposables 31,717 shares to close at $2.05.

Declines | Cargo Handlers traded 3,177 units at $14.30, down a cent; Honey Bun 1,852 shares to close at $3 for a 5 cents fall; Lasco Distributors 727,333 units closing at $1.30 for a 5 cents fall and Lasco Financial Services 15,685 shares at $1.23 down 7 cents.

IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with bids higher than the last selling price and 4 stocks with offers lower.

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

TTSE: Republic jumps $2.48 to $120

March 12, 2014 by

Wednesday, 12th March 2014 | Buy rated Republic Bank traded 350 units as the price jumped $2.48 to end the day at $120.00 as trading on the Trinidad & Tobago Stock Exchange took place in 16 securities of which 5 advanced, 5 declined and 6 traded firm.

The indices movement was mixed with the Composite Index ended up by 4.00 points at 1,195.53, the All T&T Index gained 8.72 points to close at 2,010.33 and the Cross Listed Index declined by 0.10 points to close at 49.99. Trading took place resulting in 478,049 shares changing hands valued at $13,306,956.

National Flour Mills, Neal & Massy and republic closed at new 52 weeks high at the end of trading.

Gains | In addition to the gain by Republic Bank, National Flour Mills traded 50,000 units at $1.15, a new 52 weeks high, as the price moved up 4 cents; Neal & Massy 1,733 units at $66.32, up 2 cents; Prestige Holdings with 87,500 shares valued for $813,092 closing at $9.30 for a gain of a cent; Trinidad Cement 16,851 units at $2.26 for a 1 cent rise.

TTSEMar12Firm Trades | Angostura Holdings traded 29,830 shares at $11; Grace Kennedy 1,300 units at $3.70; National Commercial Bank 10,100 units at $1.18; National Enterprises 2,160 shares at $18.25; Scotiabank contributed 66,341 shares with a value of $4,809,723 while closing at $72.50; West Indian Tobacco added 52,351 shares valued at $6,177,419 at $118.

Declines | Clico Investment Fund traded 21,370 shares valued at $462,702 but the price declined by a cent to end at $21.65; First Citizens lost 5 cents to close at $37.65 with 193 shares; Guardian Holdings 9,680 traded shares at $14.48, and the price was off by a cent; Jamaica Money Market Brokers had 99,490 shares changing hands for a value of $45,340 with the price falling 3 cents to close at 45 cents and Sagicor Financial Corporation lost a cent to close at $7.44 while trading 28,800 shares.

IC bid-offer Indicator | At the end of trading, the Investor’s Choice bid-offer indicator had 2 stocks with the bid higher than the last selling price and 3 stocks with offers that were lower.

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

JSE: 10 up 10 down

March 11, 2014 by

Tuesday, 11th March 2014 | In Tuesday’s trading on the Jamaica stock market, the prices of 10 stocks rose and 10 declined as 33 securities traded resulting in 6,450,322 shares trading, valued at $26,852,072.

Main Market trading | The advancing and declining stocks tilted the indices marginally up with the JSE Market Index inching up by 29.07 points to 77,412.89 and the JSE All Jamaican Composite index up by 32.50 points to close at 85,268.52.

Gains | Ciboney exchanging 1,235,982 shares at 2 cents higher to closed at 8 cents; National Commercial Bank gained 15 cents to close at $19.35 with 524,529 units changing hands; Pan Jamaican Investment closed at $50.01, up a cent with 10,498 shares; Radio Jamaica with 9,672 shares closed at $1.40 for a 5 cents gain; Sagicor Real Estate Fund put in 17,425 units at $7.19 for a gain of 2 cents; Scotia Group 6,400 shares at $21 an increase of 40 cents and Seprod 9,168 shares at 49 cents higher at $11.50.

Firm| Stocks in the main market trading firm are Barita Investments with 15,000 shares closing at $2.30; Jamaica Broilers 64,355 shares to close at $4.80; Jamaica Money Market Brokers 112,400 ordinary at $7.19; Jamaica Money Market Brokers 7.50% preference, 220,000 units at $2, and 333,000 units of the 8.75% preference at $3; Jamaica Producers 15,131 units at $18.26; Sagicor Group 89,670 shares at $9; Sagicor Investments 17,366 units at $18 and Supreme Ventures 52,123 units at $2.35.

Declines| Cable & Wireless traded 1,570,376 shares in closing 10 cents lower to end at 60 cents; Caribbean Cement 9,969 shares to close down 11 cents at $4.39; Carreras with 43,827 shares at $34.70 down a cent; Grace Kennedy with 44,150 shares at $59.99 down a cent; Mayberry Investments 36,865 shares at $1.90 off by 10 cents and Scotia Investments 4,000 shares at $25.50, down by $1.50.

JSEIndicesMar11Junior Market trading | The JSE Junior Market Index declined by 9.24 points to close at 722.82.

Gains | Three stocks closed higher with Jamaican Teas trading 34,325 units to close at $3.06, up 4 cents; Lasco Distributors with 231,781 units at $1.35 with an increase of 4 cents and Lasco Manufacturing with 249,951 shares at a cent higher at $1.22.

Firm Trades | Caribbean Producers traded 324,496 units at $2.70; Derrimon Trading had 516,735 shares changing hands in closing at $2.50, Honey Bun 11,309 units at $3.05 and Lasco Financial Services 139,375 units at $1.30.

Declines| Access Financial Services traded down by $1.10 with 366,491 units at $8; Cargo Handlers lost 69 cents in closing at $14.31 with 653 units; Caribbean Cream traded 20,200 units, 6 cents lower at 75 cents and General Accident had 113,100 shares changing hands at $1.59.

IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with bids higher than the last selling price and one stock with the offer that was lower.

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

TTSE: 9 stocks gained

March 11, 2014 by

Tuesday, 11th March 2014 | The prices of 9 stocks rose in today’s trading on the Trinidad & Tobago Stock Exchange as 17 securities traded with 1 declining and 7 trading firm leading to the Composite Index advancing by 3.23 points to close at 1,191.53, the All T&T Index moving up by 5.72 points to 2,001.61 and the Cross Listed Index inching up by 0.10 points to close at 50.09. Two stocks closed at 52 weeks high. Trading amassed a volume of 749,891 shares valued at $5,355,311.

Gains | Clico Investment Fund that traded 85,750 shares valued at $1,857,183 as the price advanced by 12 cents to end at $21.66; First Citizens Bank with 34,071 shares valued at $1,283,802 with the price closing up a cent at $37.70; Grace Kennedy 1,048 shares closing at $3.70 for a 5 cents gain; National Commercial Bank with 500,000 shares changing hands for a value of $590,000, the price closed at $1.18 for a gain of 2 cents; National Flour Mills 4,400 $1.11 up a cent, to close at a new 52 weeks high; LJ B Williams 2,000 units at 79 cents for a 10 cents gain; Neal & Massy 1,500 shares, closing at a new 52 weeks high of $66.30, up 5 cents; Trinidad Cement with a volume of 89,223 shares traded for $196,641, the stock closed at $2.25 for a 9 cents gain and Scotiabank gained $2.40 to end the day at $72.50 in trading 285 units.

Declines | Firstcaribbean International Bank encountered a loss of 2 cents to close at $6.48.

TTSEMar11Firm trades | ANSA Mcal added 15,997 shares valued at $1,063,801 in closing at $66.50; Scotia Investments with 6,143 units closed at $1.53; Praetorian Property Mutual Fund 4,000 units closed at $3.41; National Enterprises 2,404 units ended the day at $18.25; West Indian Tobacco 1,318 shares at $118; Jamaica Money Market Brokers 1,100 shares at 48 cents and Agostini’s 552 units for $17.79.

IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with bids higher than the last selling price and 3 stocks with offers that were lower.

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

JSE: Low trading, another high for C&W

March 10, 2014 by

Monday, 10th March 2014 | In trading on the Jamaica Stock market, the prices of 12 stocks rose and 8 declined as 27 securities traded resulting in 5,152,645 shares trading valued at $14,962,508. Cable & wireless closed at yet a new 52 weeks high and Pulse Investments closed at a new 52 weeks low.

Main Market | 8 companies in the main market advanced and 7 declined as the indices moved up with the JSE Market Index gaining 307.89 points to 77,383.82 and the JSE All Jamaican Composite index moving up 344.12 points to close at 85,236.02.

Gains | Stocks recording gains are Cable & Wireless gaining of 5 cents to close at 70 cents, 52 weeks high, with 3,778,521 units changing hands; Grace Kennedy with 101,500 units at $60 as the price gained 50 cents; Jamaica Stock Exchange with 7,482 units as the price rose 20 cents to end at $2.00; Mayberry Investments 195,661 units with the price closing at $2.00 for a 10 cents gain; Pan Jamaican Investment was up $1.95 to close at $50 with 5,730 units changing hands; Sagicor Real Estate Fund 12,940 shares at $7.17 for a 2 cents gain; Scotia Group with 63,862 units at $20.60 up a mere 5 cents and Seprod with 10,996 units at $11.01, up 11 cents.

Firm | There were only 5 stocks in the main and US dollar markets to close without price changes. Desnoes & Geddes with 44,754 shares at $5; Jamaica Broilers 3,337 shares at $4.80; Proven Investments ordinary, 66,000 units at 18US cents; Proven Investments 8% preference, 500 units closing at $5.09 and Sagicor Investments with 1,000 units at $18.

Declines | Seven stocks declined in the main market with Caribbean Cement losing 25 cents to end at $4.50 with 34,137 shares changing hands; Carreras with 3,000 units at $34.71 a fall of 9 cents; Jamaica Money Market Brokers ordinary, only 2,000 units at $7.19, down 25 cents; Jamaica Money Market Brokers 8.75% preference with 252,200 units at $3.00 for a 5 cents fall; National Commercial Bank 7,730 units as the price declined by 20 cents to $19.20; Pulse Investments traded at 75 cents with 106,700 units, the price was off 12 cents at the end of trading and Sagicor Group 79,275 units for 10 cents lower at $9.

JSEIndicesMar10Junior Market | The JSE Junior Market Index eased 0.47 points to close at 732.06 as only 7 stocks traded with 4 advancing and 2 declining.

Gains | Stocks trading up are Consolidated Bakeries with 110,800 shares at $1.20, up 10 cents; Dolphin Cove 1,020 units at $8.40, up 10 cents; Lasco Financial with only 1,000 units, closed at $1.30 for a gain of 9 cents and Medical Disposables with 200,000 shares, closed at $2.05 for a gain of 5 cents.

Firm Trades | KLE Group traded 5,000 shares at $1 as the sole stock in the junior market to close with the price unchanged.

Declines | Only two junior market companies lost ground in trading with Derrimon Trading having 4,500 units changing hands at 5 cents lower to close at $2.50 and Lasco Distributors losing 9 cents in trading 53,000 units to close at $1.31.

IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator had 8 stocks with bids higher than the last selling price and 4 with offers that were lower.

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

TTSE: Moderate trading continues

March 10, 2014 by

Monday, 10th March 2014 | Trading on the Trinidad & Tobago Stock Exchange was moderate and resulted in 57,426 shares changing hands valued at $1,412,302 as 9 securities traded with 3 advancing, 3 declining and 3 trading firm and resulted in the Composite Index falling 1.70 points to close at 1,188.30, the All T&T Index declining by 2.71 points to 1,995.89 and the Cross Listed Index easing by 0.10 points to close at 49.99.

Gains | Angostura Holdings with 2,188 shares valued at $24,068 and gained 21 cents to end at $11; Clico Investment Fund traded 5,180 shares valued at $111,577, advancing by 4 cents to end at $21.54; National Flour Mills with 31,780 shares changing hands for a value of $34,958 as the price closed up by 3 cents to $1.10.

TTSEMar10Firm Trades | Stocks trading with no price movements are Neal & Massy with 1,757 shares at $66.25; Republic Bank 8,987 shares at $117.52 for a value of $1,056,152 and Sagicor Financial Corporation 1,748 units at $7.45.

Declines | Jamaica Money Market Brokers which fell 2 cents to 48 cents in trading a mere 149 units; Scotiabank falling 90 cents to close at $71.10 while trading only 637 units and Trinidad Cement that lost 4 cents in closing at $2.16 with 5,000 shares for a value of $10,800.

IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with bids higher than the last selling price and 4 stocks with offers lower.

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

JSE: C&W 306% gain in 2 months

March 7, 2014 by

Friday, 7th March 2014 | How about 306% gain on one’s money in just two months? That is how much Jamaica’s Cable & Wireless shares has gained so far this year when the price closed at 65 cents in today’s trading. Most of the gains came after the company released nine months’ results to December 2013 in mid-February.

In today’s trading on the Jamaica Stock Market, the prices of 8 stocks rose and 10 declined as 29 securities traded resulting in 6,275,259 shares traded, valued at $23,546,563.

Main Market | More companies in the main market declined than advanced as the indices closed down marginally with the JSE Market Index inched down by 32.59 points to 77,075.93 and the JSE All Jamaican Composite index eased by 49.43 points to close at 84,891.90.

Gains | Five stocks recorded gains led by Cable & Wireless trading 3,775,010 shares at a new 52 weeks high of 65 cents as the price gained 9 cents; Caribbean Cement had 46,696 units changing hands with the price gaining 55 cents to close at $4.75; Kingston Wharves traded 958,682 units to close at $6.06 for a 48 cents gain; Sagicor Real Estate Fund put in 14,928 units at $7.15, an increase of 15 cents and Scotia Group 23,014 shares at $20.55, a 5 cents increase.

Firm | Five stocks in the main market closed without a price change including one from the preference section along with the Proven Investments US listing. Desnoes & Geddes with 5,246 units to close at $5; Jamaica Money Market Brokers 8.50% preference shares with 10,500 units at $3.50; Mayberry Investments 6,906 shares at $1.90; Proven Investments ordinary 7,300 units at 18 US cents; Sagicor Group 93,657 shares at $9.10 and Salada Foods with just 100 units at $9.

Declines | Stocks declining are Carreras, trading a decent volume of 261,845 shares to close down 20 cents at $34.80; Grace Kennedy 37,043 units with the price closing at $59.50 for a 50 cents fall; Jamaica Broilers swapped 99,308 units at $4.80 as the price shed 4 cents; Jamaica Money Market Brokers put in 24,506 shares at $7.44 while shaving a cent; Jamaica Stock Exchange lost 30 cents in trading 10,300 units at $1.80; National Commercial Bank traded only 4,700 units as the sellers were not prepared to sell lower by the end of trading at $19.40, a fall of 10 cents; Pan Jamaican Investment put in 5,637 shares at $48.05, down 95 cents and Supreme Ventures had only 2,000 units at $2.35 for a 2 cents decline.

JSEIndicesMar7Junior Market | The JSE Junior Market Index advanced by 2.24 points to close at 732.53 with 3 stocks advancing and 2 declining.

Gains | Stocks recording price gains in the junior market are Caribbean Cream in trading 98,080 units, up 6 cents and closing at 81 cents; Lasco Distributors traded 531,349 units to close 5 cents up at $1.40 and Lasco Manufacturing closed with a one cent increase at $1.21 while trading 13,610 shares.

Firm Trades | Five stocks traded with no price change. Blue Power exchanging 10,000 units at $9.01; Caribbean Producers 15,000 units at $2.70; Consolidated Bakeries 24,000 shares at $1.10; General Accident with 41,451 shares at $1.70 and Honey Bun 2,901 shares at $3.05.

Declines | Only 2 stocks closed down as Lasco Financial Services traded 131,490 units at $1.21 and lost a cent and Paramount Trading had 20,000 units trading at $2.92 for a 28 cents fall.

IC bid-offer Indicator | At the end of trading, the Investor’s Choice bid-offer indicator had 6 stocks with bids higher than the last selling price and 2 stocks with offers lower.

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