2 junior stocks up 25% – Wednesday

tTech jumped 27% in trading on Wednesday.

tTech jumped 27% in trading on Wednesday.

The junior market rose on Wednesday with 16 securities changing hands of which 7 stocks rose while 6 declined, the market index rose 21.20 points to close at 2,217.35, with only 496,276 units traded, valued at $3,940,720. The highlight of trading is a 25 percent jump in the price of Cargo Handlers to a new high and a climb of 27 percent in the price tTech.
At the end of trading 4 stocks closed with bids higher than their last selling prices and none ended with a lower offer. The junior market is showing that the lowest prices for stocks being offered, are moving away from the last traded prices for a number of the companies, with a few having no stocks being offered currently.
At the close, JM sum 10-8-16 Access Financial lost $1.25 in trading 113,000 units at $16.25, Cargo Handlers jumped $14 and ended with 500 shares changing hands at an all-time high of $70, Caribbean Cream gained 5 cents with 4,500 shares changing hands at $7.30, Caribbean Flavours traded just 10,200 units to close with a gain of 20 cents at $6.30. Caribbean Producers lost 18 cents in trading 6,000 units at $3.30, Consolidated Bakeries traded 19,700 units to end at $2.55, there were just one offer posted at the close, to sell 5,000 units at $2.60. Dolphin Cove ended at $14 with 761 shares trading, JM Trdng Sht 10-8-16 Honey Bun had 105,259 shares changing hands at 5 cents lower to close at $5.45, Jamaican Teas traded 3,338 units and rose by 35 cents, to end at $3.50, Jetcon Corporation rose 4 cents, to end with 12,000 shares changing hands at $2.69. Key Insurance traded 9,713 units to close at $2.50 after shedding 10 cents, Knutsford Express closed with 6,865 units changing hands to end at $19, Lasco Distributors ended with 59,700 shares changing hands with a rise of 20 cents at $7. Lasco Manufacturing closed at $4.95 with 59,386 shares trading, but fell by 5 cents and tTech ended with 83,354 units changing hands at $4.75 after rising $1.

TTSE sheds more value – Wednesday

TTSE build Trading on the Trinidad and Tobago stock market closed on Wednesday with more stocks declining than rising. The market closed with just 8 securities changing hands resulting in 219,949 shares valued at $946,629 being traded. At the close, 2 stocks rose, 2 declined and 4 remained unchanged.
The Composite Index lost 1.09 points to close at 1,150.84, the All T&T Index slipped 0.16 points to close at 1,811.44 and the Cross Listed Index eased 0.28 at 65.26.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 7 stocks with bids higher than their last selling prices and 6 with offers that were lower.
TTSE sum 10-08-16 Gains| Scotiabank closed with 1,066 shares changing hands and gained 1 cent to end at $55.51 and West Indian Tobacco traded 12,137 shares to close $126.31 after rising 1 cent.
Losses| Clico Investments lost 10 cents to end at $22.55 with 4,100 units changing hands and National Commercial Bank contributed 5,183 shares and fell 5 cents to close at $2.75.
Firm Trades| First Citizens traded 35,389 units for a value of $1,237,321 to end at $35, National Enterprises with 5,000 shares changing hands, closed at $10.50, Sagicor Financial Corporation closed with 2,643 shares changing hands and gained at $6.99 and Scotia Investments closed with 2,650 shares changing hands at $1.70.

Prices mostly down on JSE – Wednesday

The Jamaica Stock Exchange lost ground in early Wednesday morning trading as stocks traded mostly JSE Intra - 10-08-16rin low volumes, but Barita Investments traded 260,923 units but fell 75 cents to trade at $2.55.
Scotia Group had 143,139 shares changing hands but the price fell back to $30.10 from yesterday’s close of $30.90, Grace Kennedy with its 3 for 1 stock split has traded 52,754 units at yesterday’s close of $41.67, but has more than 250,000 units on offer at the current traded price bids are at $41.50.
The market indices all fell in the main and junior markets, with 6 stocks gaining versus 9 that fell.
The all Jamaica Composite Index fell 236.95 points to 178,347.33 the Jamaica Stock Exchange Market Index declined by 211.88 points to 160,515.99 the Jamaica Stock Exchange combined index lost 397.21 points to close at 171,222.45 points and the junior market index dropped 19.56 points to 2,176.59.
At 10:45 am 23 securities traded, resulting in a volume of 675,902 shares changing hands. The average number of shares traded amounts to 29,387 units compared to 25,083 units on Tuesday.

Strong close for JSE stocks on Tuesday

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Grace Kennedy hits 52 weeks' intraday high on Tuesday.

Grace Kennedy hits 52 weeks’ intraday high on Tuesday.

Grace Kennedy traded for the first time with the 3 for 1 stock split in effect on Tuesday. The stock traded at a new all-time high of $47.71 but closed back at the adjusted closing price on Monday of $41.67 with 16,372 units changing hands. At the close 289,050 units were offered to sell at $41.67. Elsewhere, Caribbean Cement rose 95 cents to close at $26.50 while trading 94,264 shares, Carreras jumped 93 cents with just 620 units trading to close $66.45, Jamaica producers fell 55 cents to end at $7.60 with 158,131 units changing hands, Jamaica Stock Exchange jumped $2.40 to $23.50 as 14,147 shares traded,
JSE Sum 9-08-16Kingston Wharves moved up by 45 cents to $16 with just 6,514 shares trading. Sagicor Group traded 14,346 units but fell 85 cents to $20.60, Scotia Group jumped 73 cents to $30.90 while 71,417 shares changed hands, Scotia Investments rose by 50 cents to $26.50 but just 4,395 units traded, Sterling fell 49 cents to $12.51 and Supreme Ventures climbed 58 cents to $5.10.
In the overall market the prices of 18 securities gained out of a total of 40 securities that traded, with 11 declining, including 5 stocks, rising and 1 falling from the junior market.
The market closed with an overall volume of 4,024,061 units valued at $45,104,460 changing hands, in all market segments. The junior market accounted for 956,421 units traded, valued at $4,918,989 of all trades.
JSE fn qts 9-08-16 The JSE Market Index rose 744.87 points to end at 160,727.87, the all Jamaica Composite Index inched up 833.02 points to close at 178,584.28 and the JSE combined index gained 714.49 points, to end at 171,619.66.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 9 stocks with bids higher than their last selling prices and 1 with a lower offer.
At the end of market activities, Barita Investments gained 25 cents and ended with 9,991 units traded, to close at $3.30, Cable & Wireless traded just 7,500 shares to close at $1.26, Proven Investments ended trading 420,975 units to close at 19.96 US cents and JMMB Group 7.50% preference share traded 1,921,100 units at $1.10.

5 junior stocks fell – Tuesday

Consolidated Bakeries (Purity) closed at a new  high on Tuesday

Consolidated Bakeries (Purity) closed at a new high on Tuesday

The junior market rose moderately on Tuesday with 12 securities changing hands. Only 3 stocks rose while 5 declined but the market index inched up 2.29 points to close at 2,196.15, with only 956,421 units traded, valued at $4,918,989. Consolidated Bakeries traded at a new high of $2.55 but on small volume.
JM sum 9-8-16At the end of trading 4 stocks closed with bids higher than their last selling prices and none ended with a lower offer. The junior market is showing that the lowest prices for stocks being offered are moving far away from the last traded prices for a number of the companies, with a few having no stocks being offered currently.
At the close, Caribbean Cream gained 22 cents with 197,697 shares changing hands at $7.25, leaving 19,533 units on offer. Caribbean Flavours traded just 2,000 units to close with a loss of 40 cents at $6.10, the bid closed at $6.50, to buy 1,804 shares. Caribbean Producers lost 2 cents in trading 700 units at $3.48, Consolidated Bakeries traded 300 units with the price jumping 42 cents to a new all-time high of $2.55, JM Trdng Sht 9-8-16 there were just two offers posted at the close, to sell 14,700 units. General Accident traded 7,722 shares and lost 6 cents to end at $2.10, Honey Bun had 4,810 shares changing hands at 10 cents lower to close at $5.50, Iron Rock Insurance traded 358,746 units to close at $3.28, Jamaican Teas traded 7,902 units at $3.15, Jetcon Corporation fell 5 cents lower to end with 9,055 shares changing hands at $2.65. Lasco Distributors ended with 243,560 shares changing hands at $6.80, Lasco Manufacturing closed at $5 with 61,690 shares trading and Medical Disposables ended with 62,239 units changing hands at $3.55 after rising 40 cents.

TTSE slipped on Wednesday

stocks Trading on the Trinidad and Tobago stock market closed on Wednesday with more stocks declining than rising. The market closed with just 9 securities changing hands resulting in 219,949 shares valued at $946,629 being traded. At the close, 2 stocks rose, 4 declined and 3 remained unchanged.
The Composite Index lost 1.94 points to close at 1,151.93, the All T&T Index slipped 0.02 points to close at 1,811.60 and the Cross Listed Index eased 0.52 at 65.54.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 9 stocks with bids higher than their last selling prices and 7 with offers that were lower.
Gains| Clico Investments rose 10 cents to end at $22.65 with 2,175 units changing hands and Guardian Holdings gained just 1 cent to close at $13.51 with 1,487 shares traded.
TTSE sum 9-08-16 Losses| JMMB Group traded 158,520 units to end at 60 cents, after losing 3 cents, National Commercial Bank contributed 11,130 shares and fell 3 cents to close at $2.80, Sagicor Financial Corporation closed with 21,250 shares changing hands and gained 16 cents to $6.99 and Trinidad Cement traded 200 units but fell 1 cent to $3.
Firm Trades| Massy Holdings ended with 125 units changing hands at $55, National Enterprises with just 62 shares changing hands, closed at $10.50 and Trinidad and Tobago NGL closed with 25,000 shares with a value of $593,750 changing hands at $23.75.

JSE stocks close slightly up – Monday

Carreras lost 48 cents to close at $65.52 but reported a 38% profit increase to June.

Carreras lost 48 cents to close at $65.52 but reported a 38% profit increase to June.


Supreme Ventures was the dominant trade by far on the Jamaica Stock Exchange on Monday with 39,898,309 trading between $4.71 and the closing price of $4.52 after falling 18 cents. Mayberry Investments sold 11,990,487 units from their inventory at $4.71 to Scotia Investments for a mix of buying for in-house inventory and for clients. In the afternoon session Mayberry crossed 27,884,209 units and bought them for in-house inventory with 27,821,082 units, trading at $4.52 each.
In the overall market the prices of 10 securities gained out of a total of 37 securities that traded, with 13 declining, including 5 stocks, rising and 1 falling from the junior market.
The market closed with an overall volume of 42,773,267 units valued at $ 226,239,889 changing hands, in all market segments. The junior market accounted for 257,522 units traded, valued at $1,655,683 of all trades.
The JSE Market Index rose 14.60 points to end at 159,983.00, the all Jamaica Composite Index inched up 16.33 points to close at 177,751.26 and the JSE combined index gained 40.82 points, to end at 170,905.17.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 10 stocks with bids higher than their last selling prices and 1 with a lower offer.
JSE Sum 8-08-16At the end of market activities, Berger Paints traded 6,608 shares to end at $4.60 after falling 4 cents, Cable & Wireless traded 134,255 shares to close at $1.26, Caribbean Cement gained 5 cents in trading 37,805 shares to close at $25.55. Carreras lost 48 cents, in exchanging 4,095 shares to end at $65.52 ahead of the release of its June quarter profit results, showing profit of $861 million or earnings of $1.77 per share, versus $623 million or $1.28 per share, in 2015. Grace Kennedy gained $2.30 to close at $125 with 12,959 shares changing hands, Jamaica Broilers traded 26,599 shares to end at $15. Jamaica Stock Exchange had 9,100 shares trading but slipped 89 cents to close at $21.10, JMMB Group traded 2,105 units to end at $9.80, after falling 10 cents. Kingston Wharves rose by 15 cents with 10,090 units changing hands and closed at $15.55, National Commercial Bank had 55,253 units changing hands, to close with a loss of 1 cent at $42. Trading in 138 Student Living resulted in a loss of 1 cent to close at $4.59 while trading 710,208 shares,JSE fn qts 8-08-16 Pan Jamaican traded 15,750 shares to end at $25.50. Portland JSX traded 33,900 shares and lost 50 cents to end at $12, Radio Jamaica gained 8 cents to close at $1.68 after 170,000 shares changed hands, Sagicor Group lost 5 cents with 14,950 shares changing hands at $21.45, Sagicor Real Estate Fund traded 16,000 shares to close at $10.22. Scotia Group traded 13,354 shares to end at $30.17 after falling by 43 cents, Scotia Investments declined by 10 cents with 2,000 units changing hands at $26 and Proven Investments ended trading 1,328,125 units to close at 19.99 US cents.

5 rising stocks steady juniors – Monday

The junior market rose moderately on Monday with 12 active securities. 5 stocks rose and 1 declined including a jump of $2.30 in the price of Knutsford Express. The market index rose 2.66 points to close at 2,193.86, with only 257,522 units trading, valued at $1,655,683.
JM sum 8-8-16At the end of trading 4 stocks closed with bids higher than their last selling prices and none ended with a lower offer.
At the close, Caribbean Cream gained 3 cents with 1,000 shares changing hands at $7.03, Consolidated Bakeries did not trade, but the bid for the stock climbed to $2.44, there were just two offers posted at the close, to sell 15,000 units. The stock last traded to close at $2.13, Dolphin Cove traded 300 shares to close at $14. General Accident traded 42,019 shares and gained 1 cent to end at $2.16, Honey Bun had 26,357 shares changing hands, to close at $5.60, ISP Finance traded 4,000 shares at $5.15,JM Trdng Sht 8-8-16 Jetcon Corporation ended with 3,700 shares changing hands at $2.70, KLE Group ended at $1.30 with 918 shares changing hands. Knutsford Express closed with 23,977 units changing hands at $19, after climbing $2.30, Lasco Distributors lost 20 cents and ended with 77,580 shares changing hands at $6.80, Lasco Financial ended with 2,860 shares changing hands at $3.49, for a gain of 24 cents. Lasco Manufacturing closed at $5 with 74,311 shares trading and Derrimon Trading preference share ended with 500 units changing hands at $2.10.

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TTSE had 5 losses & 3 gains – Monday

TTSE build Trading on the Trinidad and Tobago stock market closed on Monday with more stocks declining than rising. The market closed with just 11 securities changing hands resulting in 181,596 shares valued at $6,164,194 being traded. At the close, 3 stocks rose, 5 declined and 4 remained unchanged.
The Composite Index gained 0.24 points to close at 1,153.87, the All T&T Index climbed 3.86 points to close at 1,811.62 and the Cross Listed Index eased 0.47 at 66.06.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 9 stocks with bids higher than their last selling prices and 8 with offers that were lower.
Gains| Guardian Holdings gained 50 cents to close at $13.50 with 8,538 shares traded and Scotiabank closed with 159 shares changing hands and gained 25 cents to end at $55.50. Losses| Ansa Merchant Bank traded 800 units to end at $40, after losing 1 cent, Firstcaribbean International Bank declined by 10 cents in trading 2,526 shares, to end at $6.90.TTSE sum 8-08-16National Commercial Bank contributed 15,000 shares and fell 1 cent to close at $2.83 and National Flour with 12,000 shares changing hands, lost 1 cent to end at $2.30.
Firm Trades| Ansa McAl traded 70,000 units valued at $4,340,000 to close at $62, Clico Investments closed at $22.55 with 17,282 units trading. Massy Holdings ended with 200 units changing hands at $55, Prestige Holdings ended with 10,000 shares changing hands to close at $10.90 and Trinidad and Tobago NGL closed with 45,091 shares with a value of $1,070,899 changing hands at $23.75.

SVL trades 12m shares on JSE – Monday

Trading on the Jamaica Stock Exchange on Monday morning resulted in an unusually high level of 34 securities trading. Supreme Ventures (SVL) traded 12,014,100 shares unchanged at $4.70 to be by far the dominant trade. The closest to that is Cable & Wireless with 134,255 units at $1.26.
The bulk of the SVL trade was done between Mayberry Investments, who sold from in house inventory and Scotia JSE Intra - 8-08-16Investments, the buying broker, who bought for a combination of clients and inhouse purposes.
The market indices all rose moderately, in the main and junior markets, with 9 stocks gaining versus 9 that fell.
The all Jamaica Composite Index rose 147.69 points to 177,882.62, the Jamaica Stock Exchange Market Index climbed 132.06 points to 160,100.46 the Jamaica Stock Exchange combined index gained 144.22 points to close at 171,008.57 points and the junior market index gained 2.11 points to 2,193.31.
Trading levels at 10:45 am was low, resulting in a volume of 12,389,773 shares changing hands, excluding the SVL trade the total volume would have been only 375,673 units and the average trade would be 11,384 units. The average number of shares traded amounts to 364,405 units compared to 6,256 units on Friday.

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