The Jamaica Stock Exchange main market declined for a second consecutive day at the close on Tuesday with less than half the volume traded on Monday but with Barita Investments with a big 8 million units trade for $649 million following 6 million units valued $487 million on Monday.
Trading ended with 39 securities changing hands in the main and US dollar markets with 10 advancing, 19 declining and 10 trading firm. The market closed with the JSE All Jamaican Composite Index dropped 421.45 points to close at 560,406.97. The JSE Index was down 387.75 points to 510,011.86 and the JSE Financial Index slipped 0.08 points to close at 139.21.
Main market activity ended with 36 securities trading resulting in 44,023,689 units valued at $758,570,804 in contrast to 98,349,184 units valued at $1,160,920,073 from 35 securities trading on Monday.
JMMB Group 7.5% preference share led trading with 22 million units for 50 percent of total volume, followed by Barita Investments with 8 million units accounting for 18 percent of the day’s trade and Wigton Windfarm with 7 million shares for 16 percent of the market’s trade. Also trading more than a million shares, were, Sagicor Select Funds with 2 million shares changing hands and QWI Investments with 1.5 million units and closing at an all-time low of $1.19. 
The Market closed with an average of 1,222,880 units valued at an average of $21,071,411 for each security traded, in contrast to 2,809,977 units for an average of $33,169,145 on Monday. The average volume and value for the month to date amounts to 1,147,595 shares at $11,637,677 for each security traded and previously 1,360,410 units valued at $9,708,050 for each stock traded. The market closed out September with an average of 1,585,081 units valued at $14,071,562 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 11 stocks ended with bids higher than their last selling prices and 3 with lower offers.
In main market activity, Barita Investments gained 36 cents to settle at $79.86 with an exchange of 8,128,881 shares, Berger Paints lost 40 cents to close at $18.60 with 3,835 units trading, Carib Cement closed 64 cents lower after 14,950 shares changed hands to end at $79.36. Jamaica Broilers ended with a loss of $1.99, closing at $36.01 as 145,234 shares traded, Jamaica Stock Exchange lost 40 cents, after exchanging 36,003 shares to settle at $29, JMMB Group closed 99 cents lower at $45, with 30,369 shares changing hands. 
Kingston Wharves jumped $3 to settle at $60, after trading 1,642 shares, NCB Financial slid $1 to close at $204 while exchanging 41,451 units, PanJam Investment closed $2 lower in swapping 39,968 shares to end at $103. Portland JSX gained 50 cents in trading 5,200 shares to close at $8.50, Scotia Group dropped $3 to $58 with 9,900 shares changing hands, Seprod declined by $2.50 to end at $51 with an exchange of 101,439 shares and Sygnus Credit Investments gained 69 cents, after exchanging 101,048 shares.
Trading in the US dollar market ended with 259,948 units valued US$81,583 with the market index rising 0.29 points to close at 198.91. Proven Investments exchanged 230.020 shares, to close at 27 US cents and JMMB Group 6% preference share traded 17,865 units, losing 1 US cent to end at 99 US cents.
Strong Junior Market suffers big drop
The Junior Market of the Jamaica Stock Exchange dived 71.97 points to close at 3,413.32 in trading on Tuesday, almost wiping out the 73 points gain over the past two trading days.
The market closed with 29 securities crossing the exchange versus 31 on Monday and ended with the prices of just 3 securities advancing, 23 falling, 2 remaining unchanged while two traded at a 52 weeks’ low.
Market activities, resulted in an exchange of 2,395,994 units valued at $16,463,282 compared to 1,540,695 units valued $7,317,969 changing hands on Monday.
Trading ended with an average of 85,571 units for an average of $587,974 in contrast to 49,700 units for an average of $236,063 on Monday. The average volume and value for the month to date amounts to 86,454 units at $435,372 compared to 86,618 units at $407,075 previously, in contrast, September closed with an average of 954,574 units valued at $2,612,695 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Access Financial lost $1.50 to close at $35, after swapping 22,326 shares, AMG Packaging shed 11 cents in trading of 5,000 units at $1.89, Blue Power declined $1.05 to settle at $7.60 and trading 45,579 shares, Caribbean Cream exchanged 98,000 shares and declined 35 cents to settle at $4.60. Consolidated Bakeries dipped 4 cents in trading of 1,000 units at $1.76, Dolphin Cove ended with a loss of $1 to close at a 52 weeks’ low of $9 with 561,451 stock units changing hands, Derrimon Trading ended with a loss of 1 cent at $2.57 with 45,419 stock units changing hands. Express Catering closed with a loss of 19 cents at $6.15, in swapping of 25,100 shares, Elite Diagnostic declined 15 cents in trading of 24,674 units at $5.45, Fosrich fell 5 cents in exchanging 42,991 units at $4.90, Fontana lost 45 cents trading 516,008 shares to close at $7.55. General Accident declined 7 cents with 53,791 units crossing the exchange at $6.63, Honey Bun ended trading 505 shares, after rising 16 cents to end at $6.54, iCreate declined 3 cents in trading of 2,000 units at 70 cents, Indies Pharma declined by 2 cents to settle at $3.30 while 55,250 units changing hands. 
Iron Rock Insurance fell 5 cents in trading of 88,900 units at $3.95, Jamaican Teas climbed 10 cents and exchanged 87,914 shares in closing at $6.10, Knutsford Express ended with a loss of 1 cent at $10.99 with 2,855 stock units changing hands. Lasco Distributors closed trading of 8,830 units and gained 20 cents to end at $3.90, Lasco Financial shed 10 cents in trading of 319,907 units at $4.80, Lasco Manufacturing declined 10 cents trading 102,211 units at $5.40. Limners and Bards ended market activity exchanging 11,200 shares to close at $2.62 after falling 18 cents, Main Event fell 40 cents in trading of 600 units at $5.60, Paramount Trading ended with a loss of 1 cent at $2.24 with 10,000 stock units changing hands. Stationery and Office Supplies ended with a loss of $1 at $11 with 116,071 stock units changing hands and SSL Venture declined 34 cents in trading 46,412 shares to close at a 52 weeks’ low of $1.01.
Prices of securities trading for the day are those at which the last trade took place.
5 TTSE stocks rise 3 fall – Tuesday
Trinidad & Tobago Stock Exchange ended trading on Tuesday 19 securities changing hands compared to 12 on Monday with 5 advancing, 3 declining and 11 remaining unchanged.
At the close of the market, the Composite Index rose 1.99 points to end at 1,409.38. The All T&T Index gained 1.72 points to 1,751.23, while the Cross Listed Index rose 0.31 points to close at 144.74.
Trading ended with, as 418,052 shares changing hands at $12,253,099, compared to 309,818 shares changed hands at $14,030,851 on Monday.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with one stock closing with the bid higher than the last selling price and two with lower offers.
Gains| Clico Investment Fund added 10 cents and ended at $24.10, with 17,695 units crossing the exchange, Angostura Holdings increased 5 cents and completed trading at $16.05, with 1,000 stock units changing hands, JMMB Group closed with a gain of 5 cents and settled at $2.20, with 5,081 stock units trading. Sagicor Financial gained 30 cents and settled at $10.50, after exchanging 53,365 shares and West Indian Tobacco concluded trading with a gain of $2 to end at $106, with investors exchanging 42,586 shares.
Losses| National Enterprises declined 5 cents and completed trading at $5.70, with 485 units, National Flour fell by 1 cent close at a 52 weeks’ low of $1.56, after exchanging 50,000 shares and Scotiabank declined by 20 cents at $58.80, after swapping of 10,767 shares.
Firm Trades| Ansa McAl settled at $55, after exchanging 1,082 shares, Calypso Micro Index Fund traded 120 shares and closed at $15.75, CinemaOne ended at $8, with investors exchanging 100 shares, First Caribbean International Bank settled at $9.25, with 486 stock units trading. First Citizens Bank concluded trading of 5,611 units at $40.20, Grace Kennedy ended at $3.30, with 1,000 units traded, Guardian Holdings settled at $18.25, with investors exchanging 12,051 shares. NCB Financial ended at $10.59, with 1,794 units crossing the exchange, One Caribbean Media completed trading of 8,050 units at $10, Republic Financial ended at $122 after 1,592 stock units traded and Trinidad & Tobago NGL exchanged 205,187 units and closes at $25.50.
Prices of securities trading are those at which the last trade took place.
Sharp fall for JSE main market
All major indices on the main market of the Jamaica Stock Exchange declined sharply at the close on Monday with a big rise in the volume and value of stocks traded.
At the close, the JSE All Jamaican Composite Index plummeted 7,135.15 points to close at 560,828.42. The JSE Index fell 6,459.35 points to 510,399.61 and the JSE Financial Index lost 2.10 points to close at 139.29.
Trading ended with 37 securities changing hands in the main and US dollar markets with 14 advancing, 15 declining and 8 trading firm. Main market activity ended with 35 securities trading resulting in 98,349,184 units valued at $1,160,920,073 in contrast to 23,630,643 units valued at $239,877,355 on Friday.
Wigton Windfarm led trading with 64.8 million shares for 66 percent of total volume, followed by Supreme Ventures with 10 million units accounting for 10 percent of the day’s trade and Sagicor Select Funds with 6.4 million shares for 7 percent of the market’s trade. Also trading more than a million shares, are Barita Investments with 6,101,250 shares, Scotia Group with 3.88 million shares changing hands and QWI Investments with 2.1 million units and JMMB Group 7.5% preference share ended with 2 million units crossing the exchange. 
The Market closed with an average of 2,809,977 units valued at an average of $33,169,145 for each security traded, in contrast to 675,161 units for an average of $6,853,639 on Friday. The average volume and value for the month to date amounts to 1,360,410 shares at $9,708,050 for each security traded and previously 1,000,589 units valued at $3,884,374 for each stock traded. The market closed out September with an average of 1,585,081 units valued at $14,071,562 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and 2 with lower offers.
In main market activity, Barita Investments closed 50 cents lower to settle at $79.50 with an exchange 6,101,250 shares worth $487 million, Berger Paints lost 50 cents to close at $19 with 20,717 units traded, Carib Cement gained $2.92 after 8,916 shares changed hands to end at $80. Grace Kennedy ended with a loss of $1, in closing at $70 with 248,951 shares trading, Jamaica Stock Exchange advanced $2.38, after exchanging 64,247 shares to settle at $29.40, JMMB Group closed 51 cents lower at $45.09, after trading down to $35.01 with 315,833 shares changing hands. 
Kingston Properties lost 60 cents to settle at $5 after trading a mere 150 units, Kingston Wharves dropped $4.50 to $57 with exchange of 34,350 shares, NCB Financial slid $1.10 to settle at $205 while exchanging of 152,373 units, 138 Student Living lost 50 cents to close at $3.25, after trading 12,429 shares. PanJam Investment gained 99 cents in swapping 1,706 shares in ending at $105, Sagicor Group dropped $1 to settle at $70 in trading 120,538 shares, Scotia Group closed 50 cents lower to $61 with 3,881,903 shares changing hands. Seprod declined by $1.50 to end at $53.50 with an exchange of 23,606 shares and Supreme Ventures ended at $27, after advancing $1 in trading 10,002,453 shares.
Trading in the US dollar market ended with 7,966 units valued US$2,180 with the market index rising 0.11 points to close at 198.62. Proven Investments exchanged 7,866 shares, to close at 27 US cents after a marginal gain from 26.99 US cents and Productive Business Solutions traded 100 units after losing 2.5 US cents to end at 57.50 US cents.
Strong Junior Market gains for second day
The Junior Market of the Jamaica Stock Exchange advanced 36.11 points to close at 3,485.29 in trading on Monday, following the 26.63 points rise on Friday.
The market closed with 31 securities crossing the exchange versus 32 on Friday and ended with the prices of 16 securities advancing, 8 falling and 7 remaining unchanged.
Market activities, resulted in an exchange of 1,540,695 units valued $7,317,969 compared to 1,888,462 units valued at $8,580,846 changing hands on Friday.
Trading ended with an average of 49,700 units for an average of $236,063 in contrast to 59,014 units for an average of $268,151 on Friday. The average volume and value for the month to date amounts to 86,618 units at $407,075 compared to 96,155 units at $451,253 previously, in contrast, September closed with an average of 954,574 units valued at $2,612,695 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 3 with lower offers.
At the close of the market, Access Financial ended market activity exchanging 8,487 shares to close at $36.50 after falling 50 cents, AMG Packaging closed 17 cents higher at $2, with 21,450 stock units trading, Blue Power close with a loss of 35 cents at $8.65, swapping of 800 shares. Cargo Handlers declined 55 cents in trading of 3,900 units at $9.45, Caribbean Producers closed trading of 10,000 units and gained 5 cents to end at $4.80, Consolidated Bakeries ended trading with 16,100 shares, after rising 5 cents to end at $1.8. Derrimon Trading climbed 12 cents in exchanging 69,666 shares at $2.58, Express Catering dipped 6 cents in trading of 3,100 units at $6.34, Elite Diagnostic traded 68,343 units and gained 10 cents to end at $5.60, Fosrich closed with a loss of 5 cents at $4.95, after swapping of 25,229 shares. Fontana lost 20 cents in exchanging 328,535 shares to close at 8 cents, General Accident traded 29,552 shares, after rising 20 cents to end at $6.70, Honey Bun ended with 15,100 shares changing hands after rising 3 cents to end at $6.38, Indies Pharma lost 3 cents with 98,515 units crossing the exchange at $3.32.
Iron Rock Insurance closed trading of 200 units and gained 5 cents to end at $4, Jamaican Teas climbed 7 cents and exchanged 49,220 shares at $6, Jetcon Corporation closed 4 cents higher at $2, with 207,144 stock units trading, Limners and Bards ended with 150,562 shares trading, after rising 25 cents to end at $2.80. Lasco Distributors fell 5 cents in swapping 179,816 units at $3.70. Lasco Financial ended trading with 600 shares, after rising 5 cents to end at $4.90, Lasco Manufacturing closed 10 cents higher at $5.50, with 108,235 stock units changing. Main Event ended trading with 3,726 shares, after rising 40 cents to end at $6, Paramount Trading exchanged 10,925 units and gained 5 cents to end at $2.25 and Stationery and Office Supplies ended trading of 25,000 shares, after rising 85 cents to end at $12.
Prices of securities trading for the day are those at which the last trade took place.
5 TTSE stocks gain 1 fall – Monday
Rising prices were the most notable feature of the Trinidad & Tobago Stock Exchange in trading on Monday and leading to minor gains in the Composite Index and the All T&T Index.
At the close of the market, the Composite Index moved 0.29 points higher to 1,407.39. The All T&T Index rose 0.57 points to 1,749.51, while the Cross Listed Index closed unchanged at 144.43.
Trading ended with 12 securities changing hands compared to 14 on Friday, with 5 advancing, one declining and 6 remaining unchanged as 309,818 shares changed hands at $14,030,851, compared to 282,910 shares changing hands at $5,955,009 on Friday.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with one stock closing with the bid higher than the last selling price and one with a lower offer.
Gains| First Citizens Bank closed with a gain of 10 cents in settling at $40.20, with 2,420 stock units changing hands, Massy Holdings gained 2 cents and completed trading of 217,146 shares at $54.52. NCB Financial gained 4 cents after exchanging 2,300 units at $10.59, Republic Financial added 15 cents and closed at $122, in swapping 437 shares and Trinidad & Tobago NGL exchanged 10,137 units and gained 49 cents to close at $25.50.
Losses| West Indian Tobacco shed 32 cents and concluded trading of 1,100 shares at $104.
Firm Trades| Clico Investment Fund closed at $24, with 45,260 stock units trading, First Caribbean International Bank completed trading of 500 stock units at $9.25, Guardian Holdings closed at $18.25, with investors exchanging 25,333 shares. Sagicor Financial exchanged 3,512 shares to end at $10.20, Scotiabank settled at $59, after exchanging 858 shares and Trinidad Cement closed at $2.04, with 815 units crossing the exchange.
Prices of securities trading are those at which the last trade took place.
Bun & Teas in IC TOP 10 BUY RATED
Buy Rated Junior Market stocks have two new entrants this week with Honey Bun and Jamaican Teas returning to the top listing. Both companies’ fiscal year ended September, with earnings for the 2020 fiscal year, used in valuing them.
The new listings are expected to benefit from growth in the core business, with Honey Bun continuing to benefit above the norm from the expansion of the factory late last year and new products being manufactured while Jamaican Teas could benefit from investment gains from the portfolio of QWI Investments.
Dropping from the Junior Market TOP 10 are Elite Diagnostic and Express Catering. There were no changes to the main market TOP 10.
Market activity, left Caribbean Producers with projected gains of 240 percent as the leading Junior Market stock with likely gains, followed by Iron Rock Insurance with potential gains of 204 percent and Medical Disposables with projected gains of 184 percent.
Radio Jamaica (RJR) share price slipped during the week to a low of $1.35 but bounced to close the week at $1.60, pushing projected gains to 213 percent, to remain the leading main market stock. RJR is benefiting from increasing revenues, resulting from a more buoyant economy, the rollout of new services, the signing of an agreement with Flow that will add to revenues without the added cost and lower costs in a number of areas, with more to come. 
Carreras sits at the number two spot with projected gains of 125 percent with the price slipping a bit during the week and Berger Paints with projected gains of 115 percent in next.
The main market, closed the week with the overall PE of 17.1 down from 17.7 the previous week and the Junior Market is at 11.1 from 11.7 based on current year’s earnings. The PE ratio for Junior Market Top 10 stocks averages 7.7 compared to 7.9 the previous week and the main market PE remains at 10.4.
The TOP 10 stocks now trade at an average discount of 31 percent to the average for the Junior Market Top stocks and main market stocks trade at a discount of 39 percent to the overall market.
TOP 10 stocks are likely to deliver the best returns to March next year. Projected earnings, along with the PE ratio for each company’s current fiscal year are used in determining potential gains with the likely gains ranked in descending order with highest-ranked being the most attractive. Potential values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis as new information is received that can result in changes in and out of the list.
This report is compiled by persons who may have an interest in the securities commented on.
JSE climbs on increased volume
The main market of the Jamaica Stock Exchange on Friday saw all market indices advancing as rising stocks edged out decliners with a strong rise in the volume and value of stocks traded.
At the close, the JSE All Jamaican Composite Index advanced 2,131.56 points to close at 567,963.57. The JSE Index gained 1,913.76 points to 516,858.96 and the JSE Financial Index rose 0.11 points to close at 141.39.
Trading ended with 38 securities changing hands in the main and US dollar markets with 16 advancing, 14 declining and 8 trading firm. Main market activity ended with 35 securities trading resulting in 23,630,643 units valued at $239,877,355 in contrast to 17,528,310 units valued at $59,397,804 on Thursday.
QWI Investments led trading with 7.7 million shares for 33 percent of total volume after closing at an all-time low of $1,25, followed by Wigton Windfarm with 6.3 million units accounting for 27 percent of the day’s trade and Sagicor Select Funds with 2.6 million shares for 11 percent of the market’s trade. 
Also trading more than a million shares, are Jamaica Stock Exchange and Kingston Wharves with just over 2 million units.
The Market closed with an average of 675,161 units valued $6,853,639 for each security traded, in contrast to 547,760 units for an average of $1,856,181 on Thursday. The average volume and value for the month to date amounts to 1,000,589 shares at $3,884,374 for each security traded and previously 1,108,042 units valued at $2,903,957 for each stock traded. The market closed out September with an average of 1,585,081 units valued at $14,071,562 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 10 stocks ended with bids higher than their last selling prices and 2 with lower offers.
In main market activity, Berger Paints lost 50 cents to close at $19.50 with 13,636 units traded, Grace Kennedy ended with gains of 80 cents, closing at $71 with 13,320 shares changing hands, Jamaica Producers climbed by $1.49, to settle at $25 with 29,791 shares crossing the exchange. Jamaica Stock Exchange lost 48 cents, after exchanging 2,009,880 shares to settle at $27.02, JMMB Group closed $1.10 higher at $46.50, with 103,069 shares changing hands, Kingston Wharves advanced $3.20 to $61.50 with 2,003,710 shares traded. Mayberry Jamaican Equities gained 32 cents to close at $11.52, after trading 5,558 shares, 
NCB Financial dipped $3.90 to settle at $206.10 with an exchange of 20,585 units, Pan Jamaican Investment lost 99 cents in exchanging 6,095 shares, ending at $104.01, Sagicor Group added $1 to settle at $71 in trading 123,026 shares. Seprod gained $2 to end at $55 with 92,233 shares changing hands, Supreme Ventures ended at $26 and advancing $1.30 cents in trading 18,907 shares and Wisynco closed 99 cents lower at $23, with 142,804 shares trading.
Trading in the US dollar market ended with 534,180 units valued US$144,063 with the market index falling 1.49 points to close at 198.51. Proven Investments exchanged 531,430 shares, to close at 26.99 US cents, Sygnus Credit Investments traded 2,500 units and lost 1.3 cents to end at 13.7 US cents and JMMB Group 5.5% preference share traded 250 shares, to close at US$2.
Junior Market advances – Friday
The Junior Market of the Jamaica Stock Exchange advanced by 26.63 points to close at 3,449.18 in trading on Friday with advancing stocks beat out declining ones.
The market closed with 32 securities crossing the exchange versus 30 on Thursday and ended with the prices of 14 securities advanced, 10 declined and 8 remained unchanged.
Market activities, resulted in an exchange of 1,888,462 units valued at $8,580,846 compared to 2,444,430 units valued at $10,669,698 changing hands on Thursday.
Trading ended with an average of 59,014 units for an average of $268,151 in contrast to 81,481 units for an average of $355,657 on Thursday. The average volume and value for the month to date amounts to 96,155 units at $451,253 compared to 109,660 units at $517,835 previously, in contrast, September closed with an average of 954,574 units valued at $2,612,695 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ended with bids higher than their last selling prices and 7 with lower offers.
At the close of the market, Access Financial gained $3.40 to end at $37 with 23,503 stock units trading, AMG Packaging closed 8 cents higher at $1.83, with 8,252 stock units changing hands, Cargo Handlers closed trading of 100 units and gained 50 cents to end at $10, Caribbean Cream climbed 43 cents and exchanged 2,000 shares at $4.95. Caribbean Producers ended trading with 52,000 shares, after rising 24 cents to end at $4.75, Consolidated Bakeries closed with a loss of 5 cents at $1.75, after swapping 41,453 shares, Dolphin Cove lost 50 cents in trading 20,200 shares to close at $10. Derrimon Trading dipped 9 cents in trading 107,111 units at $2.46, Express Catering closed 72 cents higher at $6.40, with 25,512 stock units trading, Elite Diagnostic dropped 71 cents in trading 37,934 units to close at $5.50, Fosrich declined 5 cents in trading of 900 units at $5. 
Fontana shed 20 cents in exchanging 43,194 units at $8.20, General Accident closed with 21,716 units changing hands and gained 10 cents to end at $6.50, Honey Bun climbed 20 cents and exchanged 24,645 shares at $6.35, Indies Pharma traded 33,253 shares, after rising 4 cents to end at $3.35. Jamaican Teas lost 17 cents with 17,482 units changing hands at $5.93, Jetcon Corporation climbed 16 cents and exchanged 23,163 shares at $1.96, Knutsford Express climbed 19 cents in swapping 11,513 shares at $11. Lasco Distributors fell 5 cents in trading 883,543 units at $3.75, Lasco Financial closed 9 cents higher at $4.85, with 156,058 stock units crossing the exchange, Lasco Manufacturing climbed 11 cents and exchanged 36,415 shares at $5.40. Limners and Bards declined by 20 cents to settle at $2.55 with 65,972 units crossing the exchange, Main Event climbed 9 cents and exchanged 4,000 shares at $5.60 and SSL Venture Capital lost 25 cents in trading of 1,000 units at $1.35.
Prices of securities trading for the day are those at which the last trade took place.
Big price changes for TTSE stocks- Friday
Price changes on the Trinidad & Tobago Stock Exchange were more pronounced at the close of trading on Friday than in recent days, with three securities having price changes close to 50 cents each.
At the close of the market, the Composite Index moved 1.92 points higher to 1,407.10. The All T&T Index rose 1.78 points to 1,748.94, while the Cross Listed Index gained 0.28 points to close at 144.43.
Trading ended with 14 securities changing hands compared to 14 on Thursday, with 3 advancing, 2 declining and 9 remaining unchanged with 282,910 shares changing hands at $5,955,009, compared to 246,379 shares changing hands at $2,692,390 on Thursday.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with 1 stock closing with the bid higher than the last selling price and 2 with lower offers.
Gains| Guardian Holdings rose 9 cents and ended at $18.25, with 7,055 units crossing the exchange, LJ Williams 8% preference share, gained of 49 cents to close at a 52 weeks’ high of $3.79, with 100 stock units trading and Scotiabank ended with a rise of 48 cents and completed trading of 200 stock units at $59.
Losses| Clico Investment Fund fell 10 cents and settled at $24, with 7,807 units crossing the exchange and Trinidad & Tobago NGL exchanged 207,300 units but lost 49 cents to close at $25.01.
Firm Trades| First Caribbean International Bank ended at $9.25, with investors exchanging 200 shares, First Citizens Bank completed trading at $40.10, after exchanging 450 shares, Grace Kennedy settled at $3.30, with 52,468 units changing hands. LJ Williams B share closed at $1, with investors exchanging 3,000 shares, NCB Financial settled at $10.55, after trading 950 shares, Point Lisas ended at $3.60, with investors exchanging 1,200 shares. Republic Financial settled at $121.85, with 940 units crossing the exchange, Sagicor Financial ended at $10.20, swapping 1,195 units and West Indian Tobacco settled at $104.32, after trading 45 units.
Prices of securities trading are those at which the last trade took place.
