The Junior Market gained 10.84 points to close at 2,966.78 on Wednesday, as advancing stocks were just edged out by declining ones.
At the close of market activities, 21 securities changed hands, the prices of 6 advanced, 5 declined and 10 remained unchanged, compared 25 securities changing hands on Tuesday.
Trading ended with an exchange of 1,622,159 units valued at $6,560,444, compared with 10,265,565 units valued at $46,309,587.
Market activity ended with an average of 77,246 units for an average of $312,402 compared to an average of 488,836 units for an average of $2,205,218 on Tuesday. The average volume and value for the month to date, amounts to 283,041 units at $1,258,810. 
March closed with an average of 149,999 units valued at $623,819, for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows just 6 stocks ending with the bid higher than the last selling price and 4 with lower offers.
At the close of the market, AMG Packaging ended 15 cents higher at $2.15, with 250,166 stock units traded, Cargo Handlers rose by 3 cents to $10.03, with 670 shares, Caribbean Cream ended trading at $6, with 1,000 shares, Caribbean Producers finished trading at $5, with 1,850 units changing hands, Elite Diagnostic settled 5 cents higher at $3.30, with 77,645 units. Express Catering traded 5 cents higher at $5.35, with 20,586 shares, FosRich Group finished trading at $2.50, with 9,733 shares, GWest Corporation ended with a loss of 10 cents at $3.10, with 12,000 units, 
Honey Bun concluded trading with a rise of 5 cents to $4.70, with 650 shares. ISP Finance settled at $15, with 2,000 shares, Jamaican Teas ended trading 52 cents higher at $5.30, with 100,000 stock units, Jetcon Corporation traded at $4.05, with 15,000 units, Key Insurance finished trading at $4.65, with 892 shares. Knutsford Express ended with a loss of 40 cents at $14, trading 1,567 shares, Lasco Distributors concluded trading at $4.05, with 793,017 stock units, Lasco Financial finished at $5, with 255,508 units, Lasco Manufacturing settled with a loss of 12 cents at $4, with 6,550 shares. Medical Disposables traded at $5, with 5,917 shares, Paramount Trading finished trading with a loss of 1 cent at $3.08, with 13,960 stock units, Stationery and Office closed with a loss of 2 cents at $5.50, with 9,158 units and tTech concluded trading at $5.97, with 44,290 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.
More TTSE stocks rise than fall – Wednesday
Market activity on the Trinidad & Tobago Stock Exchange ended Wednesday, with 15 securities trading, against 14 on Tuesday, with 5 stocks advancing, 3 declining and 7 remaining unchanged.
Trading volume remained low, resulting in 186,626 shares valued at $3,719,226 changing hands, compared to 117,881 shares valued at $1,542,037 on Tuesday.
At close, the Composite Index lost 1.08 points to 1,263.06, the All T&T Index declined 0.98 points to 1,698.34, while the Cross Listed Index shed 0.16 points to close at 111.67.
IC bid-offer Indicator|At the end of trading, on Wednesday, the Investor’s Choice bid-offer indicator reading shows 2 stocks with bids lower than their last selling prices and 5 with lower offers.
Gains| First Citizens finished trading with a gain of 1 cent at $32.51, after exchanging 1,622 shares, JMMB Group closed with an increase of 10 cents at $1.85, with 50,990 stock units changing hands, One Caribbean Media ended trading and gained 4 cents to end at $12.48, with 10,000 stock units changing hands, Sagicor Financial closed with a rise of 1 cent and completed trading at $7.76, with 23,935 units and West Indian Tobacco concluded trading 5 higher at $88.55, after exchanging 707 shares.
Losses| Grace Kennedy fell 10 cents and completed trading at $3.15, with 5,000 units, Massy Holdings closed with a loss of 40 cents and ended at $47, with 2,482 stock units changing hands and National Enterprises shed 4 cents and completed trading at $9.75, with 500 units.
Firm Trades| Angostura Holdings ended at $15.72, with 500 stock units changing hands, Clico Investments completed trading at $20.15, with 7,379 units, National Flour settled at $1.68, after exchanging 27,397 shares. Republic Financial Holdings ended at $101.58, with 15,598 stock units changing hands, Scotiabank settled at $62.56, after exchanging 109 shares. Trinidad & Tobago NGL concluded market activity at $27.25, after exchanging 4,407 shares and Unilever Caribbean completed trading at $32, with 36,000 units changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Slippage for Junior Market – Tuesday
Honey Bun traded over 9.4m units.
The Junior Market slipped on Tuesday by 2.57 points to close at 2,955.94 as advancing stocks were just edged out by declining ones.
At the close of market activities, 21 securities changing hands, the prices of 5 securities advanced, 6 declined and 6 remained unchanged, compared 25 securities changing hands on Thursday.
Trading ended with an exchange of 10,265,565 units valued at $46,309,587, compared with 1,499,141 units valued at $6,471,380.
Market activity ended with an average of 488,836 units for an average of $2,205,218 compared to an average of 59,966 units for an average of $258,855 on Thursday. March closed with an average of 149,999 units valued at $623,819, for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows just 6 stocks ending with the bid higher than the last selling price and 4 with lower offers.
At the close of the market, AMG Packaging ended with a loss of 17 cents at $2, with 162,028 stock units, Cargo Handlers settled at $10, with 2,347 shares, Caribbean Producers finished trading at $5, with 53,540 units, Consolidated Bakeries closed 2 cents higher at $2.02, with 40,000 shares, Dolphin Cove finished at $17.10, with 350 stock units. Elite Diagnostic settled at $3.25, with 244,041 units, FosRich Group finished trading with a loss of 10 cents at $2.50, with 4,287 shares, General Accident closed with a loss of 10 cents at $3, with 89,649 stock units, GWest Corporation ended at $3.20, with 12,254 units. Honey Bun concluded trading at $4.65, with 9,434,940 shares, ISP Finance settled at $15, with 5,000 shares, 
Jamaican Teas ended trading at $4.78, with 11,842 stock units, Jetcon Corporation traded with a loss of 10 cents at $4.05, with 23,588 units. Knutsford Express ended with a loss of 8 cents at $14.40, with 543 shares, Lasco Distributors concluded trading at $4.05, with 2,000 stock units, Lasco Financial finished 10 cents higher at $5, with 94,008 units, Lasco Manufacturing settled at $4.12, with 700 shares. Main Event ended trading 10 cents higher at $6, with 36,317 shares, Paramount Trading finished trading with a loss of 1 cent at $3.09, with 44,524 stock units, Stationery and Office closed 2 cents higher at $5.52, with 3,507 units and tTech concluded trading 82 cents higher at $5.97, with 100 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.
New high for JSE with more to come
The JSE main market closed at a new high on Tuesday with indicators pointing to more gains ahead as the market moves gradually upwards.
Jamaica Stock Exchange main market stocks continued on their upward climb as bullish sentiments exert upward pressure and steering the market higher, landed it at new closing high on Tuesday with more gains to come.
The main market closed with moderate trading of 2,989,332 units valued at $34,924,721, flowing from 27 securities changing hands, with 9 rising, 10 falling and 7 trading firm. At the end, the JSE All Jamaican Composite Index rose 1,341.98 points to end at a record closing high of 324,609.33 and the JSE Index advanced by 1,222.70 points to a new closing record high of 295,755.80.
In market activity, 
Barita Investments closed at $9.50, with 1,317 shares trading, Cable & Wireless concluded trading with a loss of 10 cents at $1.20, with 143,146 units, Carreras finished 10 cents higher at $10.70, with 102,432 shares, Caribbean Cement settled $1 higher at $36, with 112,607 shares, Grace Kennedy traded 1,496 stock units in rising $1 to end at $49. Jamaica Broilers finished trading with a loss of 50 cents at $20.50, in exchanging 198,187 units, Jamaica Producers closed with a loss of 88 cents at $15.12, with 6,207 shares, Jamaica Stock Exchange ended 25 cents higher at $6.95, with 6,248 shares, JMMB Group concluded trading with a loss of 40 cents at $25.60, as 5,739 shares changed hands. Kingston Properties finished 15 cents higher at $6.40, with 5,000 stock units, Mayberry Investments ended trading 88 cents higher at $6.42, with 36,780 shares, NCB Financial Group fell by $1.51 to $97.49, with 21,004 shares trading, 1834 Investments rose 1 cent to $1.20, with 37,871 shares. 138 Student Living ended at $5.50, with 8,500 shares, changing hands. Palace Amusement rose $100 and closed at $1,100, with 100 stock units trading, 
PanJam Investment ended with a loss of 35 cents at $42.65, with 1,351 units, Radio Jamaica settled 8 cents higher at $1.09, with 102,002 shares, Sagicor Group lost 35 cents to end at $36.15, with 75,366 stock units. Sagicor Real Estate Fund ended trading at $15.49, with 300 shares. Scotia Group finished at $53.99, with 1,985 shares changing hands, Seprod closed at $33, with 30,103 shares, Supreme Ventures concluded trading with a loss of 20 cents at $11.70, after 83,750 stock units were exchanged, Victoria Mutual Investments finished with a loss of 44 cents at $4.05, with 474,525 units and Wisynco Group settled with a loss of 34 cents at $10.50, with 1,520,527 shares. In the main market preference segment, Jamaica Money Market 7.5% traded at $1.99, with 1,193 stock units, JMMB Group 7.5% closed at $1.02, with 11,396 shares.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “Record close for JSE majors on Tuesday.”
Stocks marking time on TTSE
Trinidad & Tobago Stock Exchange Head Quarters
Market activity on the Trinidad & Tobago Stock Exchange ended Tuesday, trading in 14 securities, with modest price changes, against 9 on Thursday, with 2 stocks advancing, 4 declining and 8 remaining unchanged.
Trading resulted in 117,881 shares valued at $1,542,037 changing hands, compared to 264,376 shares valued at $2,045,015 on Thursday.
At close, the Composite Index gained 0.21 points on Tuesday to 1,264.14, the All T&T Index rose 0.41 points to 1,699.32, while the Cross Listed Index remained unchanged to close at 111.83.
IC bid-offer Indicator| At the end of trading, on Tuesday, the Investor’s Choice bid-offer indicator reading shows 3 stocks with bids lower than their last selling prices and 5 with lower offers.
Gains| Angostura Holdings gained 2 cents and settled at $15.72, with 25 stock units changing hands and Republic Financial Holdings advanced 3 cents and closed at $101.58, with 173 stock units changing hands.
Losses| Clico Investments fell 1 cent and closed at $20.15, with 11,200 units trading, Prestige Holdings closed with a loss of 4 cents and ended at $10.01, after exchanging 50 shares. Scotiabank fell 9 cents to $62.56, after exchanging 50 shares and Trinidad & Tobago NGL concluded trading with a fall of 50 cents at $27.25, after exchanging 8,905 shares.
Firm Trades| First Caribbean International Bank ended at $9.50, after exchanging 32,499 shares, First Citizens closed at $32.5 after exchanging 20,465 shares, Guardian Holdings ended at $16.00, after 16 shares were exchanged, LJ Williams B share added completed trading at 70 cents, after trading 10,000 shares. National Enterprises closed at $9.79, with 900 units, National Flour ended at $1.68, after 28,571 shares changed hands, Trinidad Cement concluded trading at $2.60, with 5,000 stock units changing hands and Unilever Caribbean concluded trading at $32, with 27 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.
More losses for US$ vs Jamaican$ – Tuesday
The Jamaican dollar made further gains in the foreign exchange trading on Tuesday the selling rate fell 38 cents from $126.99 on Thursday and the buying rate dropped 50 cents.
The market closed with inflows of all currencies, ending at US$54.67 million, versus US$46.04 million on Thursday, but dealers sold US$59.04 million in contrast to US$61.22 million, previously.
In US dollar trading, dealers sold US$50.99 million at a rate of J$125.61 at the close, compared to US$57.26 million at a rate of J$125.99 on Thursday. Purchases of the US currency by dealers, amounted to US$47.67 million at an average of just over $124.15, compared to US$40.66 million at an average of just over $124.65 on Thursday.
At mid-day on Tuesday dealers purchased US$20.42 million at an average rate of J$124.99 and sold US$20.31 million at an average of J$125.70. At mid-day on Thursday dealers purchased US$12.69 million at an average rate of J$125.04 and sold US$12.37 million at an average of J$125.76.
The selling rate on Tuesday, for the Canadian dollar rose to J$98.02 from J$97.20 at the close on Thursday, the selling rate for the British Pound increased to J$174.94 from J$178.11 previously and the euroslipped against the Jamaican dollar to J$157.59 to buy the European common currency, versus the prior selling rate of J$159.18.
Record close for JSE majors on Tuesday
The main market Jamaica Stock Exchange enjoyed a second consecutive day of gains on Tuesday, with the market indices ending at new record closing highs.
At the end of trading, the JSE All Jamaican Composite Index rose 1,341.98 points to end at a record closing high of 324,609.33 and the JSE Index advanced by 1,222.70 points to finish at a record closing high of 295,755.80.
Trading resulted in, flowing from the exchanging of 29 securities, with 10 rising, 10 falling and 9 trading firm, in the main and US dollar markets.
Securities closing with sizable price changes include, including a rise of $1 in the price of Caribbean Cement to $35, Grace Kennedy gained of $1 to $49, Mayberry Investments rose 88 cents to $6.42,
Palace share price climbed $100 to $1,100
Palace Amusement added $100 to $1,100 and NCB Financial lost $1.51 to end at $97.49.
Main market activity ended with 2,989,332 units valued at $34,924,721 changing hands compared to 11,248,457 units valued at over $130,109,783 on Thursday. Wisynco Group with 1,520,527 units that accounted or 50.87 percent of the overall market volume and Victoria Mutual Investments closed trading with 474,525 units and 15.87 percent of traded volume were the two dominant trades.
Trading resulted in an average of 110,716 shares valued at $1,293,508, for each security traded, compared to 387,878 shares valued at $4,486,544 on Thursday. In contrast, March closed with an average of 626,526 units with an average value at $20,492,207 for each security traded.
The US dollar market closed on Tuesday with 144,650 units valued at US$30,130. JMMB Group 7.5% preference share traded 1,500 units with rise of a fraction of a cent, to close at US$1 after rising by 5 US cents and Proven Investments closed trading with 143,150 units at 20 US cents. The market index closed unchanged at 161.45 points.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 9 stocks ended with bids higher than their last selling prices and 4 with a lower offers.
For more details of market activities see – New high for JSE with more to come
tTech is back Carib Producers exits TOP 10
tTech is a new entrant to the Junior Market TOP 10 stocks and replaces Caribbean Producers that has been in the TOP 10 for several months.
Caribbean Producers closed at a 52 weeks high of $5 at the end of last week and fell out of the TOP 10. PanJam Investment price moved to $43 and just held on in the main market TOP 10. The price of Palace Amusement fell during the week to end at $1,000 and moved up on the top ten list as a result. Caribbean Cement price dropped sharply from $42 in the previous week to $35, but closed with the bid at $37.95 and moved into the number 5 spot as a result.
Cable & Wireless is unofficially the number one rated stock in the main market list based on IC Insider.com forecast, of profit for the current year, flowing from increased revenues and a sharp fall in interest cost. Uncertainty surrounding continued listing keeps it off the official list.
At the close of Friday, the average PE ratio for Junior Market Top stocks ended at 6.5 compared to an average PE for the overall main market is 10 based on 2018 estimated earnings. The main market PE is 6.6 for the top stocks compared to a market average of 12.
IC Insider.com’s TOP 10 stocks now trade at an average discount of 36 percent to the average for the Junior Market Top stocks but it’s a third of what the average PE for the year is likely to be, 20 times earnings and main market stocks traded at a discount of 46 percent to the market.
JSE in big Holy Thursday recovery
Caribbean Cement dropped $4.54 on Thursday.
The main market Jamaica Stock Exchange jumped 2,405.36 points to 323,267.35 on Thursday while the JSE Index climbed 2,191.55 points to 294,533.10, as advancing stocks out did declining ones on the last trading day for April.
Trading closed with 32 securities changing hands, up from 27 on Wednesday, leading to 16 advancing, 10 declining and 6 trading firm, in the main and US dollar markets. Securities closing with sizable price changes include, including a drop of $4.94 in Caribbean Cement to $35, Grace Kennedy traded with a loss of $1.45 to $48, Jamaica Broilers rose $1 to an all-time high of $21, Jamaica Producers added $1.05 to end at $16, Kingston Wharves gained $2 at in trading at $40, PanJam Investment recovered from the sharp fall of $10.10 on Wednesday, jumping $11 to $43 and a surge of $3.14 in Scotia Group pushed the closing price to $53.99.
Jamaica Broilers closed at a record high on Thursday.
Main market activity ended with 11,248,457 units valued at over $130,109,783 compared to 5,013,846 units valued at $96,400,279 changing hands on Wednesday. Ciboney Group traded 3,892,538 units for 34.61 percent of the day’s volume followed by Wisynco Group with 1,877,516 units or 16.69 percent of the overall market volume, Kingston Wharves with 1,224,813 units or 10.89 percent of stocks traded, Carreras traded 847,800 units and Victoria Mutual Investments closed trading with 731,119 shares changing hands.
Trading resulted in an average of 387,878 shares valued at $4,486,544, for each security traded, compared to 192,840 shares valued at $3,707,703 on Wednesday. For the month to date, an average of 626,526 units with an average value at $20,492,207 traded, compared to 639,063 units with an average value at $20,361,477 changing hands on the previous trading day. In contrast, February closed with an average of 213,336 units, valued at $3,392,475 for each security traded.
The US dollar market closed on Thursday with 51,494 units valued at over US$26,317. Productive Business Solution traded 43,029 units with rise of a fraction of a cent, to close at 58 US cents Proven Investments closed trading with 7,170 units at 20 US cents and Margaritaville (Turks) ended with 1,295 units trading and fell 5 US cents to 20 US cents. The market index closed with a fall of 6.32 points to 161.45.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 12 stocks ended with bids higher than their last selling prices and 2 with a lower offers.
For more details of market activities see – Sharp price changes continue on JSE main market – Thursday.
Big price changes continue for JSE majors – Thursday
Jamaica Stock Exchange main market activity, closed on Thursday with more sharp price movements, including a drop of $4.94 in Caribbean Cement, a $11 jump in the price of PanJam Investment and a surge of $3.14 in Scotia Group share price.
The main market closed with 11,248,457 units valued at $130,109,783 flowing from 27 securities changing hands, with 15 securities rising, 9 falling and 3 trading firm. At the end, the JSE All Jamaican Composite Index surged 2,405.36 points to 323,267.35 and the JSE Index jumped 2,191.55 points to 294,533.10.
In main market activity, Barita Investments closed at $9.50, with 14,730 shares trading, Cable & Wireless concluded trading 14 cents higher at $1.30, with 563,032 units, Carreras finished with a loss of 30 cents at $10.60, with 847,800 shares, Caribbean Cement settled with a loss of $4.94 at $35, with 264,524 shares, Ciboney Group fell 2 cents to 12 cents, with 3,892,538 shares. Grace Kennedy traded with a loss of $1.45 at $48, with 42,306 stock units, Jamaica Broilers gained $1 to close at a 52 weeks’ high of $21, in trading 13,100 units, Jamaica Producers closed $1.05 higher at $16, with 14,110 shares, Jamaica Stock Exchange ended with a loss of 10 cents at $6.70, with 8,000 shares. JMMB Group rose 50 cents to $26, with 327,174 shares, Kingston Wharves settled with a gain of $2 to $40, with 1,224,813 units, Mayberry Investments ended trading with a loss of 86 cents at $5.54, in the exchange of 376,631 shares, NCB Financial Group rose 29 cents to $99, with 112,718 shares changing hands. 1834 Investments finished trading at $1.19, with 57,662 shares, Palace Amusement closed at $1,000, trading 642 stock units, PanJam Investment jumped $11 to close at $43, with 68,720 units, Pulse Investments finished 4 cents higher at $1.79, with 6,000 shares. 
Radio Jamaica settled with a loss of 8 cents at $1.01, trading 298,672 shares, Sagicor Group ended trading 40 cents higher at $36.50, with 132,221 stock units, Sagicor Real Estate Fund rose 4 cents to end at $15.49, with 79,088 shares. Scotia Group jumped $3.14 to close at $53.99, with 14,505 shares trading, Seprod closed with a loss of 50 cents at $33, in the trading of 5,384 shares. Supreme Ventures concluded trading with a loss of 5 cents at $11.90, with 238,420 stock units, Victoria Mutual Investments finished 38 cents higher at $4.49, with 731,119 units changing hands, Wisynco Group settled 34 cents higher at $10.84, with 1,877,516 shares. In the main market preference segment, Jamaica Money Market 7.5% traded 4 cents higher at $1.99, with 6,300 stock units, JMMB Group 7.5% closed at $1.02, with 15,440 shares, Proven Investments jumped 74 cents to close at $5.89, with 14,939 units, changing hands.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE in big Holy Thursday recovery.”
