Daily Trading — Page 393

Trading surges on JSE USD market

January 18, 2021 by IC Insider.com

Proven Investments led trading on the JSE USD market on Monday with 4 million shares.

Trading surged sharply Monday as 4,260,743 shares traded for US$984,122 up from 105,505 units at US$1,376, from eight securities versus five on Friday and ended with two stocks rising, three declining and three remaining unchanged.
JSE USD Equity Index fell 4.62 points to 189.15. The average PE Ratio ends at 13.4 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading averaged 532,593 units changing hands at US$123,015, compared to 21,101 shares at US$275 on Friday. Trading averaged 146,966 units for the month to date at US$22,270 up from 79,900 units at US$4,750 on the prior trading day. December ended with an average of 55,388 units for US$6,412.
Investor’s Choice bid-offer indicator shows no stock ended with bids higher than the last selling price and none with lower offers.
At the close of the market, First Rock Capital Investment shed 1 cent to end at 7.9 US cents after exchanging 14,007 shares, MPC Caribbean Clean Energy ended at US$1.14, with 307 stock units changing hands, Proven Investments dropped 1.8 cents to end at 23.5 US cents after 4,093,500 units crossed the market. Sterling Investments increased 0.28 of a cent ending at 2.3 US cents trading 2,598 shares, Sygnus Credit Investments carved out a loss 0.5 cents to close at 16.5 US cents with the swapping of 25,050 units, Transjamaican Highway remained at 0.85 of a US cent with an exchange of 110,631 stocks.
In the preference segment, JMMB Group 5.75% carved out a gain of 9 US cents in closing at US$1.50 and trading 1,030 units and JMMB Group 6% closed at US$1.02, with 13,620 shares changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

All round gains for JSE Main market

January 18, 2021 by IC Insider.com

The major market indices rose in trading on Monday after investors expended 32 percent fewer funds in trading 11 percent less volume than on Friday at the close of the Jamaica Stock Exchange Main Market after slightly more shares fell than gained.
At the close, the All Jamaican Composite Index advanced 1,389.55 points to 428,311.48, the Main Index rose 1,200.38 points to 390,612.24 and the JSE Financial Index gained just 0.13 points to 100.59.
Trading ended with 48 securities changing hands compared to 44 on Friday and closed with prices of 18 stocks rising, 22 declining and eight remaining unchanged. The PE Ratio averaged 16.6 based on ICInsider.com forecast of 2020-21 earnings.
The market closed with an exchange of 5,906,893 shares for $25,643,760, down from 6,649,726 units at $37,545,320 on Friday. Wigton Windfarm led trading with 48 percent of total volume for 2.83 million shares followed by Pulse Investments, 11.1 percent with 655,714 units and Transjamaican Highway 10.3 percent with 608,465 shares.
Trading for the day averaged 123,060 units at $534,245, compared to an average of 151,130 shares at $853,303 on Friday. Trading month to date averaged 307,009 units at $1,049,528 for each security, in contrast to 326,985 units at $1,105,486 on Friday. Trading in December averaged 455,206 units at $7,774,631.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of trading, Berger Paints rose 50 cents to $14, after exchanging 51 shares, Eppley gained 55 cents to end at $22.60 trading 3,851 units. Grace Kennedy closed 45 cents higher at $65, finishing with a transfer of 10,801 shares, Jamaica Broilers shed 89 cents to end at $27.50, with an exchange of 18,995 units, Jamaica Producers advanced by $1.40 to $21, in trading 23,808 stock units. JMMB Group ended 96 cents lower at $32.53, with 51,400 stocks crossing the exchange, Kingston Wharves climbed $1.24 to $48, in switching ownership of 4,055 shares, Mayberry Jamaican Equities shed 64 cents to $7.05 trading 16,542 stocks. MPC Caribbean Clean Energy dropped $12.99 to $137.01, in an exchange of 387 stock units, NCB Financial fell by $1 to $138, with the swapping of 39,251 shares, 138 Student Living lost 45 cents to end at $4.44, with 90 stocks changing hands, Palace Amusement declined by $10.10 to $1,089.90, in exchanging 123 stock units. Pan Jam Investment closed at $68, after losing $2.17 and trading 4,017 shares, Sagicor Real Estate Fund rose 70 cents to $8.95, in a transfer of 250 stocks, Salada Foods advanced to $35, with gains of $1.80 in switching ownership of 44,051 stock units. Scotia Group fell $1.90 to $42.10, exchanging 8,179 shares and Seprod gained 30 cents, ending at $63.80 after 10,198 stocks crossed the exchange.
In the preference segment, Eppley 8.75% preference share lost 50 cents in ending at $6.50 and trading 2,000 stock units and Eppley 7.5% preference share shed $1 to close at $6, after exchanging 1,717 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, Barita Investments, Berger Paints, Caribbean Cement, Carreras, Community & Workers Credit Union, Daily Trading, Emerging markets, Eppley, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Rising TTSE stocks hold upper hand

January 18, 2021 by IC Insider.com

Rising stocks outnumbered those falling by a seven to one margin at the close of trading on Monday, on the Trinidad and Tobago Stock Exchange after investors traded slightly more shares than on Friday.

National Flour rose to a new 52 weeks’ high on Monday.

Trading ended with 16 securities changing hands, down from 20 on Friday with seven rising, one declining and eight remaining unchanged. The Composite Index advanced 2.85 points to 1,334.27, the All T&T Index gained 0.07 points to close at 1,776.07 and the Cross Listed Index added 0.77 points to end at 120.68.
The market closed with an exchange of 210,894 shares, for $2,990,086 compared to 201,264 units at $3,068,905 on Friday.
An average of 13,181 units traded at $186,880 compared to 10,063 at $153,445 on Friday. An average of 12,202 units traded at $296,471 for the month to date versus 12,087 units at $309,364. Trading in December averaged 14,490 units at $237,988.
The Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and two with lower offers.
In trading, Agostini’s remained at $23.90 in an exchange of 40 units, First Citizens Bank rose 1 cent to $44 with 4,827 shares clearing the market, FirstCaribbean International Bank lost 1 cent to close at $7.04 exchanging 1,564 units. Guardian Holdings gained 4 cents to close at $20.54 with an exchange of 67,563 stock units, Guardian Media ended at $3.25, with 65 shares crossing the market, JMMB Group closed at $1.95 in exchanging 88,702 shares. Massy Holdings rose $1 to $60 trading 530 stocks, National Enterprises settled at $3.15 with the exchange of 10,000 units, National Flour Mills rose 15 cents to a 52 weeks’ high of $2.60, with 10,000 stock units changing hands. NCB Financial Group gained 20 cents to close at $8.50 after 224 stock units crossed the exchange, One Caribbean Media closed at $4.85 with an exchange of 3,000 shares, Point Lisas settled at $3.15, with 25 stock units changing hands. Republic Financial Holdings rose 7 cents to end at $136.82 in trading 2,200 units, Scotiabank traded 1,276 stock units at $57.50, Unilever Caribbean settled at $16.70 in ownership of 545 units changing hands and West Indian Tobacco carved out a gain of 5 cents at $35.40, after 20,333 stocks crossed the market.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Stock Market, TTSE Market Tagged With: Agostini's, Clico Investment, Daily Trading, Emerging markets, Emerging Stock, First Caribbean International Bank, First Citizens, Guardian Holdings, JMMB Group, Massy Holdings, National Enterprises, National Flour, NCB Financial Group, One Caribbean Media, Point Lisas, Republic Financial Holdings, Scotiabank, Trading Activity, TTSE, Unilever Caribbean, West Indian Tobacco

Mailpac drops out of IC TOP15 stock listing

January 17, 2021 by IC Insider.com

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Stocks left to languish at depressed prices for months are coming back to life as some investors are now seeing the light of the huge potential profit in Junior Market stocks compared to their senior counter paths in the Main Market.
The Main Market slipped a bit to end the first half of January, with a modest loss but technical indicator points to it heading towards the 460,000 points level on the All Jamaica Composite Index, soon. The Junior Market is up 2.4 percent since the 2020 close and is a few points away from the level reached at the close of March 5 last year, having surpassed the April high, as the bullish golden cross takes full hold on the market to launch a big rally.
During this past week, IC TOP 15 selections MailPac, Caribbean Cream and Jamaican Teas all posted gains with Mailpac hitting a series of record highs this past week and closed at $3.75 up 30.6 percent since the end of 2020 and is now well outside of the 2021 Top 15 list for Junior Market stocks. The stocks still have much room for growth in the year to benefit from a strong increase in revenues. Caribbean Cream posted continued growth in sales for the November quarter and almost doubled profit for the nine months period and increased it by 37.5 percent for the third quarter. The stock gained 50 cents at the close on Friday but traded as high as $5 during the week and moved from fifth spot last week to ninth position on the 2020/21 TOP10 list. Jamaican Teas gained 25 percent since December and seems poised to move higher as interest in the stock grows since the announcement of a three for one stock split late last year. An indication of increased interest is the exchange of 4 million shares on Friday. The stock moved from the fourth position last week to seventh this past week as it gained 24 percent for the week.
Lasco Manufacturing rose in the past week and moved out of the TOP10 Junior Market ranks, with Honey Bun replacing it.
The current TOP 10 report is based on earnings for 2020/21 as there are substantial gains ahead, for many stocks in the listings.
Investors should be on the lookout for new quarterly results with Express Catering and Margaritavillle and should release results this week. Before the month ends, expect results from Caribbean Cement, QWI, NCB Financial, Barita and the three Lasco companies.
The top three stocks in the Junior Market with the potential to gain between 208 to 373 percent are Lasco Financial, followed by Caribbean Producers and Elite Diagnostic. With expected gains of 125 to 315 percent, the top three Main Market stocks are, Berger Paints followed by Grace Kennedy and Jamaica Broilers.
The local stock market’s targeted average PE ratio is 20 based on profits of companies reporting full year’s results, from now to the second quarter in 2021. The Junior and Main markets are currently trading well below the market average, indicating strong gains ahead. The JSE Main Market ended the week, with an overall PE of 16.4 and the Junior Market 14.6, based on ICInsider.com’s projected 2020-21 earnings. The PE ratio for the Junior Market Top 10 stocks average a mere 7.6 at just 52 percent of the market average. The Main Market TOP 10 stocks trade at a PE of 9.2 or 56 percent of the PE of that market.
The average projected gain for the Junior Market IC TOP 10 stocks is 185 percent and 130 percent for the JSE Main Market, based on 2020-21 earnings. IC TOP10 stocks are likely to deliver the best returns up to March 2021 and ranked in order of potential gains, based on likely gain for each company, taking into account the earnings and PE ratios for the current fiscal year. Expected values will change as stock prices fluctuate and result in movements in and out of the lists weekly. Revisions to earnings per share are ongoing, based on receipt of new information.

Persons who compiled this report may have an interest in securities commented on in this report.

Filed Under: Buy Rated Tagged With: Access Financial, Berger Paints, Caribbean Assurance Brokers, Caribbean Producers, Carreras, Daily Trading, Emerging markets, General Accident, Grace Kennedy, Jamaica Broilers, Jamaican Stock Exchange, Jamaican stocks, Jamaican Teas, junior market, Laco Distributors, Lasco Financial, Lumber Depot, MailPac Group, Medical Disposables, Radio Jamaica, Scotia Group, Stationery and Office Supplies, Stocks to Watch, Sygnus Credit Investments, TOP 10 stocks, Trading Activity, Victoria Mutual Investments

Low key trading for JSE USD market

January 15, 2021 by IC Insider.com

Trading remained low key on the US dollar market of the Jamaica Stock Exchange, with low market activity on Friday, with the market declining after an even number of stocks rose and fell.
Trading ended with five securities changing hands at the close, compared to six on Thursday and ended with the prices of two stocks rising, two declining and one remaining unchanged.
JSE USD equity index lost 4.59 points to end at 193.77.
The average PE Ratio ends at 13.5 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 105,505 shares, for US$1,376 compared to 9,703 units at US$772 on Thursday.
Trading averaged 21,101 units at US$275, compared to an average of 1,617 shares at US$129 on Thursday. Trading averaged 79,900 units for the month to date at US$4,750 in contrast to 87,071 units at US$5,295 on Thursday. By comparison, December ended with an average of 55,388 units for US$6,412.
Investor’s Choice bid-offer indicator shows no stocks ended with bids higher than their last selling prices none with lower offers.
At the close of trading, First Rock Capital Investments gained 0.9 of a cent to close at 8.9 US cents in an exchange of 5,000 units, Productive Business Solutions settled at 79 US cents, with 44 stocks changing hands, Proven Investments lost 0.29 of a cent in closing at 25.3 US cents clearing the market with 157 stocks. Sygnus Credit Investments rose half a cent to close at 17 US cents in exchanging 23 shares and Transjamaican Highway fell 0.1 of a cent to end at 0.85 of a US cent in exchanging 100,281 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Global Market, Stock Market Tagged With: Daily Trading, Emerging markets, First Rock Capital, Jamaica Stock Exchange, Jamaican stocks, JSE US dollar market, Productive Business Solution, Proven Investments, Sygnus Credit Investments, Trading Activity, Transjamaican Highway

Friday’s trading halts falling market Index

January 15, 2021 by IC Insider.com

Stocks prices declining outpaced those rising by a ratio of two to one at close on Friday, but market activity brought modest relief to the Jamaica Stock Exchange Main Market that has been suffering declines for most of the week.
At the close, the All Jamaican Composite Index advanced 909.45 points to 426,921.93, the JSE Main Index rose 665.72 points to 389,411.86, and the JSE Financial Index gained 0.29 points to close at 100.46.
Trading ended with 44 securities changing hands compared to 43 on Thursday and closed with prices of 10 stocks rising, 20 declining and 14 remaining unchanged. The PE Ratio closed with an average of 16.6 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 49 percent fewer shares than on Thursday as 6,649,726 shares traded for $37,545,320 compared to 12,956,415 units at $60,027,692 on Thursday. Pulse Investments led trading with 37.8 percent of total volume for 2.52 million shares, followed by QWI Investments with 23.4 percent for 1.55 million units and Transjamaican Highway 13.1 percent, with 871,930 units.
Trading for the day averaged 151,130 units at $853,303, compared to 301,312 shares at $1,395,993 on Thursday. Trading month to date averaged 326,985 units at $1,105,486, in contrast to 346,427 units at $1,133,366 on Thursday. Trading in December averaged 455,206 units at $7,774,631.
Investor’s Choice bid-offer indicator reading has ten stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of trading, Caribbean Cement fell by $1.30 to end at $62.20, after 5,041 shares cleared the market, Eppley climbed $2.62 to $22.05, with an exchange of 39,312 shares, Eppley Caribbean Property Fund declined by $5 to end at $43 after trading 9,899 units. First Rock Capital shed 35 cents to close at $12.65, in an exchange of 23,397 shares, Grace Kennedy slid 44 cents to $64.55, with 29,798 stock units changing hands, Jamaica Broilers gained 39 cents to end at $28.39, in trading 2,744 units. Jamaica Producers shed 40 cents to $19.60, with swapping of 204,526 stocks, Jamaica Stock Exchange finished at $18.31, after losing 64 cents and transferring 19,484 units, JMMB Group rose 98 cents to $33.49, with investors swapping 45,098 stocks. Kingston Wharves shed 74 cents to end at $46.76, in switching ownership of 425 units, NCB Financial fell $1 to $139, with 37,390 stock units crossing the market, Palace Amusement dropped $200 in closing at $1,100, with an exchange of 39 units. PanJam Investment fell $1.77 to $70.17, in transferring 1,793 units, Salada Foods ended at $33.20, with a loss of $2.80 trading 21,881 stocks, Scotia Group rose $1 to $44, after exchanging 22,377 shares, Seprod shed 70 cents in closing at $63.50, in an exchange of 10,331 stocks and Stanley Motta settled at $5.45, with gains of 39 cents while exchanging 7,231 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, Barita Investments, Caribbean Cement, Carreras, Community & Workers Credit Union, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Trading activity picks up on T&TSE

January 15, 2021 by IC Insider.com

There was board based trading activity on the Trinidad and Tobago Stock Exchange on Friday, with the number of securities traded jumping well over Thursday’s level after investors traded 47 percent fewer shares with values dropping 76 percent than on Thursday.

Trinidad & Tobago Stock Exchange Head Quarters

Trading ended with 20 securities changing hands, up from 14 on Thursday and eight stocks rising, seven declining and five remaining unchanged. The Composite Index lost 0.29 points to 1,331.42, the All T&T Index dropped 10.31 points to 1,776.00, while the Cross Listed Index gained 1.35 points to close at 119.91.
Trading closed with an exchange of 201,264 shares, for $3,068,905 compared to 376,254 units at $12,888,807 on Thursday. An average of 10,063 units traded at $153,445 compared to an average of 26,875 at $920,657 on Thursday. An average of 12,087 units traded at $309,370 for the month to date versus 12,436 units at $336,255. The average trade for December ended at 14,490 units at $237,988.
The Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and two with lower offers.
In trading, Agostini’s slipped 8 cents in closing at $23.90, with just one share in crossing the market, Clico Investment Fund ended at $25.45 with an exchange of 685 shares, Endeavour Holdings shed 25 cents in closing at $11.25 after trading 200 units. First Citizens Bank lost 1 cent to close at $43.99, with an exchange of 222 stock units, First Caribbean International Bank ended 1 cent higher at $7.05 trading 1,350 units, Grace Kennedy rose 10 cents to end at $3.80, with 267 units changing hands. Guardian Holdings lost 4 cents to end at $20.50, in exchanging 47,590 units, Guardian Media gained 25 cents to close at $3.25 trading just one unit, JMMB Group finished 3 cents higher at $1.95, after exchanging 65,298 shares. L.J Williams B share shed 5 cents to end at $1.45, in transferring 1,000 units, Massy Holdings ended at $59, with 3,975 stock units changing hands, National Flour Mills advanced 15 cents to $2.45, in switching ownership of 27,000 shares. NCB Financial Group picked up 5 cents to close at $8.30, with an exchange of 1,989 stocks, One Caribbean Media settled at $4.85, after a transfer of 5,295 stock units, Republic Financial Holdings fell $3.25 to $136.75, in trading 1,000 shares. Scotiabank shed 50 cents after ending at $57.50, with 6,781 stock units crossing the market, Trinidad & Tobago NGL rose 39 cents to $15.50, with the swapping of 304 shares, Trinidad Cement gained 5 cents to close at a 52 weeks’ high of $3.40, in exchanging 770 shares. Unilever Caribbean closed at $16.70 after clearing the market with 15,169 stock units and West Indian Tobacco remained at $35.35, in trading 22,367 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Stock Market, TTSE Market Tagged With: Agostini's, Clico Investment, Daily Trading, Emerging markets, Emerging Stock, Endeavor Holdings, First Caribbean International Bank, First Citizens, Grace Kennedy, Guardian Holdings, JMMB Group, LJ Williams, Massy Holdings, National Flour, NCB Financial Group, One Caribbean Media, Republic Financial Holdings, Scotiabank, Trading Activity, Trinidad & Tobago NGL, Trinidad Cement, TTSE, Unilever Caribbean, West Indian Tobacco

Sleepy JSE Main market trading

January 14, 2021 by IC Insider.com

In a sedate trading session on Thursday, the Main Market of the Jamaica Stock Exchange closed with modest activity, with 15 percent fewer shares changing hands than on Wednesday and ended with modest changes in the market index rising after more stocks advanced than declined.
At the close, the All Jamaican Composite Index dipped 55.38 points to 426,012.48, the Main Index gained 128.37 points to 388,746.14 and the JSE Financial Index slipped 0.08 points to settle at 100.17.
Trading ended with 43 securities changing hands compared to 42 on Wednesday and closed with prices of 19 stocks rising, 14 declining and 10 remaining unchanged. The PE Ratio closed with an average of 16.9 based on ICInsider.com’s forecast of 2020-21 earnings.
Traders exchanged 12,956,415 shares for $60,027,692 compared to 15,177,464 units at $53,121,465 on Wednesday. Wigton Windfarm led trading with 35.2 percent of total volume for 4.56 million shares, followed by Pulse Investments with 21.9 percent for 2.83 million units, Sagicor Select Financial Fund with 9.9 percent for 1.28 million units, Eppley 8.9 percent for 1.16 million units and QWI Investments with 1.11 million units for 8.6 percent market share.
Trading for the day averaged 301,312 units at $1,395,993 for each security compared to an average of 361,368 shares at $1,264,797 on Wednesday. Trading month to date averaged 346,427 units at $1,133,366, in contrast to 351,891 units at $1,101,554 on the prior trading day. Trading in December averaged 455,206 units at $7,774,631.
Investor’s Choice bid-offer indicator reading has five stocks ending with bids higher than their last selling prices and six with lower offers.
At the close of business, Berger Paints shed 57 cents to settle at $13.50 after trading 35,788 shares, Caribbean Cement rose $3.35 to $63.50, with 2,890 stock units crossing the market, Eppley dropped $2.21 to $19.43, after exchanging 1,156,045 stock units, Eppley Caribbean Property Fund climbed $7 to close at $48, in trading 2,439 units. Jamaica Broilers rose 49 cents to $28 after crossing the market with 3,423 shares. Jamaica Producers gained 23 cents to end at $20, with an exchange of 6,713 units, Jamaica Stock Exchange shed 35 cents to settle at $18.95, trading 1,166 stock units, JMMB Group shed 49 cents in closing at $32.51, with 127,806 shares changing hands. Kingston Properties rose 50 cents to $7.25, in exchanging 1,000 units, Kingston Wharves gained 35 cents to $47.50 in exchanging 1,100 shares. MPC Caribbean Clean Energy dropped $7.47 to $150 after transferring 250 units, NCB Financial rose 50 cents to $140, trading 12,328 stocks. Pan Jam Investment advanced $5.84 to $71.94, with 270 units changing hands, Scotia Group gained 50 cents to close at $43 after exchanging 7,800 stock units and Seprod climbed $2.20 to $64.20, in trading 13,586 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Barita Investments, Berger Paints, Caribbean Cement, Carreras, Community & Workers Credit Union, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

More gains for JSE USD market

January 14, 2021 by IC Insider.com

The US dollar market of the Jamaica Stock Exchange closed trading on Thursday, with the market rising after trading 97.38 percent more shares than on Wednesday, resulting in more stocks rising than falling.
Trading ended with six securities changing hands, compared to four on Wednesday and ended with prices of three rising, one declining and two remaining unchanged.
JSE USD equity index gained 4.96 points to end at 198.36 and the average PE Ratio ends at 13.5 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 9,703 shares for US$772 compared to 370,094 units at US$28,218 on Wednesday.
Trading averaged 1,617 units at US$129, compared to an average of 92,524 shares at US$7,055 on Wednesday. Trading averaged 87,071 units for the month to date at US$5,295 compared to 101,720 units at US$6,181 on the prior trading day. By comparison, December ended with an average of 55,388 units for US$6,412.
Investor’s Choice bid-offer indicator shows one stock ended with bids higher than their last selling prices and no stock closed with a lower offer.
At the close of trading, First Rock Capital Investment gained 1 cent to end at 8 US cents after 2,400 shares cross the market, Proven Investments stayed at 25.59 US cents with the 20 units changing hands, Sterling Investments climbed 0.02 of a cent to 2.02 US cents with the swapping of 3,208 stocks. Sygnus Credit Investments fell 0.45 of a cent to 16.5 US cents with an exchange of 3,000 units and Transjamaican Highway remained at 0.95 of a US cent in switching ownership of 1,070 shares.
In the preference segment, JMMB Group 6% gained 0.8 of a cent to close at US$1.02 with an exchange of a mere 5 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Global Market, Stock Market Tagged With: Daily Trading, Emerging markets, First Rock Capital, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, JSE US dollar market, Productive Business Solution, Proven Investments, Sygnus Credit Investments, Trading Activity, Transjamaican Highway

Gains & Losses evenly matched

January 14, 2021 by IC Insider.com

Stock rising and declining were equally matched at the close on Thursday of the Trinidad and Tobago Stock Exchange, leading to the market rising after traded 195 percent more shares at 343 percent higher value than on Wednesday.
Trading ended with 14 securities changing hands with the prices of four stocks rising, four declining and six remaining unchanged. At the close of the market, the Composite Index climbed 3.43 points to settle at 1,331.71, the All T and T Index rose 7.60 points to settle at 1,786.31, the Cross Listed Index advanced 6.97 points to settle at 97.06 and
The market closed with an exchange of 376,254 shares for $12,888,807 compared to 127,473 units at $2,911,923 on Wednesday.
An average of 26,875 units traded for the day at $920,629 in contrast to an average of 8,498 at $194,128 on Wednesday. An average of 12,436 units traded at $336,255 for the month to date versus 10,455 units at $256,047. The average trade for December was 14,490 units at $237,988.
The Investor’s Choice bid-offer indicator reading for the Trinidad and Tobago market shows four stocks ended with bids higher than their last selling prices and three with lower offers.
In market activity, Angostura Holdings dropped $1 to $15 after trading 667 shares, Clico Investment Fund rose 17 cents to $25.45 after exchanging 650 stock units. First Citizens Bank closed at $44 with the swapping of 43,206 units, Guardian Holdings lost 1 cent to close at $20.54, finishing at 406 units. Guardian Media closed at $3 in trading 46 units, JMMB Group lost 2 cents ending at $1.92 in switching ownership of 501 shares, Massy Holdings closed at $59, with 807 stocks changing hands. National Flour Mills advanced 10 cents to end at a 52 weeks’ high of $2.30 with 43,000 stock units clearing the market, One Caribbean Media gained 3 cents to close at $4.85 in exchanging 3,000 shares, Republic Financial Holdings advanced $3.50 to $140 in exchanging 10 stock units. Scotiabank ended at $58, with 51,785 units crossing the exchange, Trinidad & Tobago NGL lost $1.39 and ending at $15.11 with an exchange of 10,002 stock units, Unilever Caribbean settled at $16.70, with 12,000 stock units changing hands and West Indian Tobacco closed at $35.35 finishing, with an exchange of 210,174 stock units.