Junior Market trading in narrow band

For the month-to-date the Junior Market index moved in a narrow band with an average of 18 points in either direction, reflecting the uncertainty of investors as to the direction of the market currently.
The first half of the week showed promise of an upward trend, but that trajectory hit a minor setback on Thursday with the market index slipping just 7.23 points to close at 2,600.18 as advancing stocks just edged out declining ones.
Market activities concluded with the prices of 13 securities rising, 12 declining and five holding firm with the average PE ratio of the market ended at 9.8 based on 2020-21 earnings.
Trading activities, resulted in 4,379,450 units exchanged to the tune of $13,021,794 from 30 securities in contrast to 7,825,083 shares valued at 20,619,430 from 28 securities on Wednesday.
The day ended with an average of 145,682 units at $434,060 for each security traded in contrast to 279,467 units at $736,408 on Wednesday. The average volume and value for the month to date amounts to 178,269 units at $443,105 and previously 180,897 units at $443,834. In contrast, May closed with an average of 150,274 units for $491,077 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Access Financial slipped 1 cent in the trading of 1,000 units to settle at $24.74, AMG Packaging ended 4 cents higher at $1.69 with an exchange of 8,683 shares, Caribbean Assurance Brokers added 6 cents and transferred 1,000 shares to close at $2.25. Derrimon Trading finished at $2.30 after falling 15 cents with 975 units traded, Dolphin Cove jumped 40 cents to close at $7.50 with 1,500 units changing hands, and Elite Diagnostic advanced 15 cents to $4.25 in the trading of 84,251 units. Everything Fresh slipped 1 cent to close at 80 cents after exchanging 2,116 shares, Express Catering dipped 2 cents in trading 24,774 shares to close at $4.89, General Accident shed 12 cents and swapped 716,590 shares to close at $5.38. Honey Bun climbed 14 cents to finish at $5.44, trading 38,535 stock units, iCreate closed at 59 cents after losing 2 cents and exchanging 450,585 shares, Indies Pharma ended 2 cents lower at $2.83 with 138,990 shares changing hands. Jamaican Teas shed 51 cents as investors transferred 670,692 shares to close at $4.49, Jetcon Corporation  inched 5 cents higher to $1.30 with an exchange of 53,899 units, Knutsford Express jumped 50 cents to $8.50 with the trading of a mere 9 units. Lasco Distributors gained 2 cents and swapped 200 units to close at $2.91, Lasco Financial rose 7 cents to $2.62 with 8,213 shares changing hands, Lasco Manufacturing dipped 5 cents to $3.90 with 118,649 units transferred. Limners and Bards shed 25 cents and exchanged 547,048 shares to settle at $2.35, Lumber Depot closed 2 cents higher at $1.13 with 475,645 units swapped, Mailpac Group gained 4 cents in the trading of 616,680 units to finish at $1.90. Main Event shed 38 cents to settle at $4.10 with 2,900 units changing hands, Medical Disposables climbed 31 cents to end at $7 with 5,000 shares traded and tTech fell 1 cent to $4.69 with 5,370 units crossing the exchange.

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

Rising TTSE stocks outdid decliners

The Trinidad and Tobago Stock Exchange closed Thursday with modest market indices rising modestly in a moderate session with trading in just a third of the listings on the market.
Trading ended with eleven securities changing hands with three advancing, one declining and seven remaining unchanged. Market activity resulted in 244,138 shares changing hands for $1,727,656 compared to 80,727 shares at $1,983,740 on Wednesday from nine securities.
The T&T Composite Index advanced by 2.61 points to 1,320.78. The All T&T Index closed, with a rise of 3.59 points to end at 1,790.91, while the Cross Listed Index gained 0.22 points to close at 114.94.
IC bid-offer Indicator The Investors Choice bid-offer indicator ended with the bids of two stocks higher than its last selling prices and three with lower offers.
Gainers Angostura Holdings picked up 5 cents to close at $14.50, in trading 1,000 units, First Citizens Bank gained 30 cents to end at $45.90 while exchanging 12,125 stock units and First Caribbean International Bank rose 5 cents and settled at $7.20, with 1,200 units changing hands.
Losers Clico Investments slipped 22 cents to $25.28, after exchanging 1,391 units.
Firm TradesAnsa Merchant Bank traded 407 units at $37, Grace Kennedy swapped 43,349 shares at $3.10, JMMB Group exchanged 117,640 shares at $1.95. Massy Holdings closed at $59.95 in transferring 3,953 units, NCB Financial ended at $7.85, with an exchange of 62,820 shares, Trinidad and Tobago NGL held firm at $18.98, after trading 103 units and investors transferred 150 units of West Indian Tobacco at $35.50.

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

Big rise in activity on JSE main market

The Main Market of the Jamaica Stock Exchange closed trading on Wednesday with a significant surge in the value of stocks crossing through the market and a sharp rise in the market index as investors exchanged an increased volume of shares.
At the close, the JSE All Jamaican Composite Index advanced by 4,752.87 points to 417,477.58, the JSE Market Index climbed 4,332.12 points to 380,725.82 and the JSE Financial Index gained 2.18 points to 99.84. The PE ratio of the market ended at 14.7, with the Main Market ending at 15.0 times ICInsider.com projected 2020-21 earnings.
The market closed with 42 securities changing hands in the Main and US dollar markets with prices of 16 stocks advancing, 19 declining and seven securities trading firm. The JSE Main Market activity ended with 37 securities accounting for 19,992,087 units valued at $1,058,928,831, in contrast to 16,817,335 units valued at $94,091,208 from 40 securities on Tuesday.
NCB Financial Group led trading with 7 million shares for 35 percent of total volume followed by Sagicor Select Financial Fund with 5.95 million units for 30 percent of the day’s trade and Trans Jamaican Highway with 2.06 million units for 10.3 percent market share.
The securities trading on Tuesday resulted in an average of 540,327 units for $28,619,698, in contrast to 420,433 units at an average of $2,352,280 at the close, Tuesday. The average volume and value for the month to date amount to 418,319 units at $6,613,270, compared to 409,897 units with an average of $4,965,016 on Tuesday. Trading in May resulted in an average of 475,543 units valued at $3,077,280 for each security.
IC bid-offer Indicator At the end of trading, the Investor’s Choice bid-offer indicator reading shows fifteen stocks ending with bids higher than their last selling prices and five stocks closing with lower offers.
In the Main Market, Barita Investments gave up $1 and closed at $49 after trading 5,985 units, Berger Paints gained 40 cents, transferring 22,661 stock units to end at $12.44, Caribbean Cement closed $1.37 lower at $49.60, with 2,717 units changing hands. Eppley Caribbean Property Fund added 59 cents in swapping 540 units to end at $41.10, First Rock Capital fell $1.64 to $14.11, trading 4,097 units, Grace Kennedy shed 49 cents exchanging 24,545 stock units and closed at $57.50. Jamaica Broilers lost $1.40 and ended at $26.60, after transferring 43,707 shares, Jamaica Stock Exchange picked up 40 cents in with 3,890 units changing hands and closed at $23.40, JMMB Group finished at $33.15, with a loss of 37 cents after exchanging 31,008 shares. Kingston Wharves fell $4 to $53, with 18,686 stock units crossing the exchange, Mayberry Jamaican Investments closed at $9.50, after shedding 50 cents transferring 55,006 shares, Palace Amusement closed $100 higher at $1,800 trading 68 units. Sagicor Group gained $1.30 to settle at $46.30, with exchanging 6,596 units, Salada Foods closed $2.99 higher at $29.50, in swapping 2,208 units, Scotia Group climbed $2.50 to $46.50, with a transfer of 6,266 units and Seprod advanced by $2.99 to $52.99, in trading 22,244 stock units.

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

Mailpac tops Junior Market – Wednesday

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Mailpac Group was once again the volume leader with just over 4 million units controlling 53 percent of the Junior Market trading volume on Wednesday, with the market index rising 5.73 points to close at 2,607.41.  
Trading on the Junior Market resulted in an exchange of 7,825,083 shares valued at 20,619,430 compared to 5,099,168 units valued at $15,226,012 from 30 securities on Tuesday. The day’s activities saw 28 securities changing hands, with the prices of nine rising 12 declining and seven stocks closing unchanged. The PE ratio of the market closed with an average of 9.9 times IC Insider.com projected 2020-21 earnings.
The securities trading averaged 279,467 units at $736,408 in contrast to an average of 169,972 units at $507,534. The month to date ended with an average of 180,897 units at $443,834 and previously an average of 172,874 units at $420,020. In contrast, May closed with an average of 150,274 units for $491,077 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, AMG Packaging lost 5 cents to settle at $1.65 with an exchange of 514 shares, Blue Power gained 5 cents in closing at $3.65, after exchanging 22,208 stock units, Caribbean Assurance Brokers slipped 1 cent trading 30,679 stock units to finish at $2.19. Caribbean Producers added 3 cents to end at $2.40 in swapping 155,604 shares, Dolphin Cove fell 70 cents to close at $7.10 with 11,000 units changing hands, Elite Diagnostic slipped 7 cents to $4.10 in trading 119,772 shares. Everything Fresh gained 1 cent to settle at 81 cents having swapped 1,259 stock units, Express Catering rose 1 cent and exchanged 26,262 units to end at $4.91, Fosrich shed 1 cent to settle at $3.55 in trading 14,924 stock units. General Accident rose 20 cents to close at $5.50, with a change in ownership of 125,606 units, Honey Bun fell 15 cents to $5.30, swapping 358,619 stock units, iCreate rose 5 cents to 61 cents with an exchange of 418,880 units. Indies Pharma dipped 5 cents to $2.85 with 140,114 shares changing hands, Jamaican Teas climbed 51 cents in trading 420,062 units to close at $5, Jetcon Corporation lost 7 cents to settle at $1.25 after exchanging 200,269 shares. Knutsford Express dropped 11 cents to settle at $8 with of 292 stock units changing hands, Lasco Distributors slipped 9 cents to end at $2.89 in trading 8,363 stock units, Lasco Financial gained 1 cent to close at $2.55 in transferring 53,625 shares. Lasco Manufacturing climbed 6 cents closing at $3.95 with 10,099 units traded, Limners and Bards lost 30 cents after a swap of 220,635 stock units to end at $2.60 and Mailpac Group fell 8 cents to $1.86 with 4,165,569 shares crossing the exchange.

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

Volume rises on JSE US$ market

Trading remained subdued on the Jamaica Stock Exchange US dollar market on Wednesday as investors exchanged just over 100,000 stocks as market activity resulted in five securities changing hands, similar to Tuesday.
Traded ended with the prices of three stocks declining and two closing unchanged. Trading ended with 102,201 shares at US$28,100 changing hands, in contrast to 57,099 units at US$26,170 on Monday.
At the close, the market declined by 1.93 points to 186.86. The PE ratio of the market closed with an average of 13 times IC Insider.com projected 2020 earnings.
At the close of market activity, First Rock Capital lost 1.15 cents in trading 8,000 stock units at 9.35 US cents, Margaritaville exchanged 1,106 units at 18 US cents, Proven Investments fell 1.44 cents after exchanging 74,433 units and closed at 23.46 US cents and Trans Jamaican Highway ended at 0.99 of a US cent, after trading 8,662 units.
In the preference segment, JMMB Group 6% preference share traded 10,000 stock units and lost a fraction of a cent to close at 99 US cents.

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

TTSE slips on Wednesday

Trading levels fell sharply on the Trinidad and Tobago stock exchange on Wednesday with nine securities trading with two stocks advancing, three declining and four unchanged compared to 16 securities on Tuesday.
Market activity resulted in 80,727 shares at $1,983,740 changing hands compared to 284,785 units for $8,438,592 on Tuesday.
The T&T Composite Index slipped 0.30 points to 1,318.17. The All T&T Index lost 0.60 points to close at 1,787.32, while the Cross Listed Index remained at 114.72.
IC bid-offer Indicator The Investors Choice bid-offer indicator ended with the bids of two stocks higher than their last selling price and none with a lower offer.
Gainers First Citizens Bank gained 10 cents to finish at $45.60 trading 7,303 units and Guardian Holdings closed 24 cents higher at $18.75, with an exchange of 31,593 shares.
Losers Agostini’s slid 75 cents to $24.25, in transferring 16,110 stock units, Clico Investments ended at $25.50, with a loss of 50 cents trading 18,898 stock units and West Indian Tobacco lost 6 cents exchanging 778 units to settle at $35.50.
Firm TradesAnsa McAL traded 350 units at $54.40, One Caribbean Media closed at $5.45, in swapping 3,463 units, Scotiabank closed with 2,191 units changing hands at $54.99 and Trinidad and Tobago NGL closed at $18.98, with 41 units crossing the exchange.

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

Junior Market regains some losses – Tuesday

The Junior Market Index recovers 20.28 points of the 32 it lost on Monday to close at 2,601.68 on Tuesday as trading activity remained close to Monday levels with 30 securities changing hands on both days.  
Trading resulted in an exchange of 5,099,168 units valued at $15,226,012 compared to 4,645,198 units valued at $13,350,189 on Monday. At the close of market activities, the prices of 14 securities advanced, ten declined and six remained unchanged. The PE ratio of the market ended at 10.1 times IC Insider.com projected 2020-21 earnings.
Limners and Bards stock price rose 40 cents as it controlled 24 percent of the overall market volume, with 1.2 million units traded on the heels of its recently announced 52 percent year-over-year increase in net profits for the six months ending April. Mailpac Group held 25 percent of the volume with 1.27 million shares traded and Lasco Distributors 592,000 shares for 12 percent market share rounded out the top three.
Trading concluded with an average of 169,972 units at $507,534 for each security traded, in contrast to 154,840 units for an average of $445,006 on Monday. The average volume and value for the month to date amounts to 172,874 units at $420,020 and previously 173,151 units valued at $411,659. In contrast, May closed with an average of 150,274 units for $491,077 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows two stock ended with bids higher than its last selling prices and five with lower offers.
At the close of the market, Access Financial climbed $2.24 to settle at $24.75 at with a mere 50 shares changing hands, Blue Power dropped 26 cents in the exchange of 147,395 stock units to end at $3.60, Cargo Handlers rose 34 cents to $7.84 with a transfer of 655 units. Caribbean Assurance Brokers fell 4 cents in the swapping of 15,350 shares to finish at $2.20, Caribbean Cream closed trading of 1,000 units and gained 8 cents to end at $2.88, Caribbean Flavours fell 50 cents to close at $14 with an exchange of 2,000 shares. Caribbean Producers gained 1 cent to end at $2.37 with 279,690 stock units passing through the market, Everything Fresh dipped 2 cents to 80 cents with 49,258 units changing hands, Express Catering jumped 60 cents to $4.90 with 23,498 shares traded. Fontana gained 4 cents and exchanged 363,036 shares to close at $5.50, Fosrich shed 24 cents in trading 62,922 units to finish at $3.56, General Accident declined 20 cents to $5.30, trading 212,864 stock units. Honey Bun closed trading of 123,257 units and gained 35 cents to end at $5.45, iCreate moved 1 cent higher to 56 cents with an exchange of 47,797 units, Indies Pharma slipped 10 cents in trading 52,511 shares to finish at $2.90. Jamaican Teas ended at $4.49 after losing 1 cent and exchanging 272,114 stock units, Jetcon Corporation rose 22 cents to $1.32 with the swapping of 149,487 shares, Lasco Distributors closed 3 cents higher at $2.98, with 592,454 stock units trading. Lasco Financial climbed 3 cents and exchanged 2,000 shares to finish at $2.54, Lasco Manufacturing lost 11 cents in trading 70,050 units to settle at $3.89, Limners and Bards closed 40 cents higher at $2.90, with 1,224,292 stock units changing hands. Mailpac Group added 5 cents to end at $1.94 with 1,268,543 shares crossing the exchange, Main Event finished at $4.48 after rising 40 cents and trading 8,753 units and Medical Disposables ended with a loss of 1 cent at $6.69 with 800 stock units changing hands.

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

JSE Main Market slips back on Tuesday

The Main Market of the Jamaica Stock Exchange ended with losses to the primary market indices on Tuesday as trading levels rose over Monday’s levels but remained subnormal, with less $100 million exchanged between investors.
At the close, the JSE All Jamaican Composite Index declined by 582.32 points to 412,724.71, the JSE Market Index shed 520.97 points to 376,393.70 and the JSE Financial Index lost 0.33 points to 97.66. The PE ratio of the market ended at 14.7, while the Main Market ended at 15.0 times ICInsider.com projected 2020-21 earnings.
The market closed with 45 securities changing hands in the Main and US dollar markets with prices of 16 stocks advancing, 17 declining and 12 securities trading firm. The JSE Main Market activity ended with 40 securities accounting for 16,817,335 units for $94,091,208, in contrast to 16,453,963 units valued at $79,166,239 from 41 securities on Monday.
Wigton Windfarm led trading with 11.3 million shares for 67 percent of total volume, followed by Carreras with 1.5 million units for 9 percent of the day’s trade and Trans Jamaican Highway with 827,574 units for 4.9 percent market share.
Securities on Tuesday traded an average of 420,433 units at $2,352,280, in contrast to 401,316 units at an average of $1,930,884 on Monday. The average volume for the month to date amounts to 409,897 units at $4,965,016 for each security changing hands, compared to 409,048 units with an average of $5,195,213. Trading in May resulted in an average of 475,543 units valued at $3,077,280 for each security.
IC bid-offer Indicator At the end of trading, the Investor’s Choice bid-offer indicator reading shows sixteen stocks ending with bids higher than their last selling prices and four stocks closing with lower offers.
In the Main Market, Eppley closed 60 cents higher at $16.90, trading 1,181 units, Eppley Caribbean Property Fund gained 51 cents exchanging 500 units and settled at $40.51, Jamaica Broilers advanced by $1 to $28, with 22,555 stock units changing hands. Jamaica Producers fell $1.37 to $20.58, in transferring 763,011 shares, JMMB Group shed 48 cents with 349,918 shares changing hands to end at $33.52, Kingston Wharves finished $1.98 lower at $57, with an exchange of 7,949 units. MPC Caribbean Clean Energy dropped $5 to close at $165, trading 1,052 units, NCB Financial Group gained 53 cents after swapping 84,261 shares to settle at $142.50, Proven Investments shed 48 cents to close at $35.50, with 2,158 units changing hands. Sagicor Group closed $1.50 lower after transferring 115,506 shares to end at $45 and Seprod dropped $3 to settle at $50 in trading 110,922 shares.

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

Volume down JSE US$ market prices up

Trading remained subdued on the Jamaica Stock Exchange US dollar market on Tuesday as stocks crossing the exchange fell to just 13 percent of Monday’s volume.

Proven Investments gained the most on the market.

Trading activity resulted in five securities changing hands, compared to four on Monday. Traded ended with the prices of three stocks advancing and two closing unchanged. Trading ended with 57,099 shares at US$26,170 changing hands, in contrast to 442,807 shares at US$25,355 on Monday.
At the close, the market added 1.15 points to 188.79. The PE ratio of the market closed with an average of 13.3 times IC Insider.com projected 2020 earnings.
At the close of market activity, First Rock Capital transferred 25,000 stock units at 10.5 US cents, Proven Investments rose 1.9 cents, exchanging 13.930 units and closed at 24.9 US cents. Sygnus Credit Investments gained one-tenth of a cent to end at 13.1 US cents, with 799 units changing hands and Trans Jamaican Highway ended at 0.99 of a US cent, after adding one-tenth of a cent in trading 7,370 units.
In the preference segment, JMMB Group 5.75% preference share traded 10,000 stock units at US$2.01.

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

Sharp jump for T&T market index

The Trinidad and Tobago Stock Exchange primary indices jumped sharply on Tuesday as the price of Republic Holdings surged, followed by Massy Holdings with smaller gains and leading the market indices to end, with double-digit increases. 

Rebounding T&T market.

The market closed with sixteen securities trading with the prices of six stocks advancing, four declining and six remained unchanged. Investors exchanged 284,785 shares for $8,437,502 compared to 187,069 shares for $3,294,378 on Monday from 11 securities.
The T&T Composite Index jumped 16.52 points to 1,318.47. The All T&T Index soared 20.97 points to 1,787.92, while the Cross Listed Index rose 1.63 points to close at 114.72.
IC bid-offer Indicator The Investors Choice bid-offer indicator ended with the bids of two stocks higher than their last selling price and none with lower offers.
Gainers Clico Investments gained 55 cents trading 140,092 shares to close at $26, Guardian Holdings picked up 1 cent in exchanging 1,345 units to end at $18.51, Massy Holdings climbed $2.45 to $59.95, in transferring the ownership of 65,231 shares. NCB Financial gained 30 cents in the swapping 140 units ended at $7.85, Republic Financial Holdings surged $12 to settle at $145, after trading 1,291 units and West Indian Tobacco gained 6 cents, with 1,728 units changing hands to close at $35.56.
Losers First Caribbean International lost 10 cents exchanging 50,000 shares to settle at a 52 weeks’ low of $7.15, First Citizens Bank ended 47 cents lower at $45.50, trading 2,316 units. One Caribbean Media finished at $5.45, with a loss of 5 cents after swapping 12,438 stock units and Trinidad and Tobago NGL ended, with 815 units at $18.98, changing hands after losing 1 cent.
Firm TradesAngostura Holdings exchanged 200 units at $14.5, Grace Kennedy closed at $3.10, while trading 400 units, MPC Caribbean Clean Energy traded 200 units at US$1. Point Lisas swapped 500 units at $3.35, Scotiabank remained at $54.99, in exchanging 2,132 units and Unilever Caribbean remained unchanged at $16.99, with 5,957 stock units changing hands.

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