Daily Trading — Page 854

JSE cuts sharp morning losses

June 8, 2016 by IC Insider.com

Pan Jam rose to new 52 weeks’ closing high of $27 on Wednesday.

The Jamaica Stock Exchange lost ground at the end of trading on Wednesday, with the main market major indices declining and the junior market Index moving higher, while the volume of stocks traded, fell to low levels in a moderate day of trading activity.
The main market was recovering from big declines in the early morning session, with the all Jamaica Composite Index dropping 948.35 points, the JSE Market Index losing 847.97 points and the JSE combined index dipping 715.15 points.
A total of 38 securities changed hands on Wednesday, accounting for 1,894,110 units valued at $16,587,522, in all market segments. The junior market accounted for 1,190,538 shares, valued at $6,986,614 of the overall trades.
The price of 13 stocks in the overall market rose, 18 declined, including 5 stocks rising and 8 declining, from the junior market. 3 stocks in all markets hit new highs, 2 of which ended at new 52 weeks’ high.
The JSE Market Index dropped 76.61 points to end at 159,757.32. The all Jamaica Composite Index lost 85.68 points to close at 177,498.82 and the JSE combined index rose 69.03 points, to close at 170,895.65.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 11 stocks with bids higher than their last selling prices and 5 with lower offers.
At the end of market activities, Barita Investments traded 8,661 units at $3.08, Berger Paints traded 12,200 shares with the price falling 33 cents, to end at $4.47, Cable & Wireless rose 4 cents, in closing at $1.42 after trading 25,500 units, Caribbean Cement traded 90,330 shares and closed at $24. Carreras had 3,780 units trading, to close with a rise of 30 cents, at $65. Ciboney traded 111,000 units but lost 6 cents to end at 17 cents, the price of 1834 Investments traded at $1.40 with just 1,000 units changing hands, and rose by 17 cents. Grace Kennedy gained 50 cents in trading 1,000 units, to close at a 52 weeks high of $120.50, Jamaica Broilers ended with loss of 66 cents but with just 402 units changing hands at $13.84. Jamaica Producers traded 54,000 shares to end at $44.01, Jamaica Stock Exchange rose 20 cents trading 360 shares, to close at $21, JMMB Group traded 8,227 units as the price fell 10 cents to $9.90. National Commercial Bank traded 25,010 shares, to close with a loss of 49 cents at $41.51, there was a $1 fall, in the price of 138 Student Living, to close with 12,685 shares changing hands at $4.50, Pan Jamaican Investment Trust traded 75,609 shares and ended at 52 week’s closing high of $27. Radio Jamaica closed trading with 105,416 shares with the price falling 30 cents to end at $1.70, Sagicor Group ended with 5,000 shares changing hands after falling 11 cents at $22.89, Sagicor Real Estate Fund closed at $10.12 with 21,861 shares changing hands. Scotia Group rose by $1 to close at $32 as 11,641 units changed hands, Seprod traded 10,000 units, gained 10 cents to end at $16.90, Supreme Ventures traded 22,570 units to close at $4.50 and JMMB 7.5% preference share lost 1 cent, to close at $1.03, while trading 95,300 shares.

Filed Under: JSE Main Market, Stock Market Tagged With: 1834 Investments, Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Ciboney, Daily Trading, Grace Kennedy, Jamaica Broilers, Jamaica Stock Exchange, Jamaican Stock, JMMB Group, Kingston Wharves, National Commercial Bank, Pan Jamaican, Proven Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Seprod, Supreme Ventures, Trading Activity

9 junior stocks fall 4 rise – Wednesday

June 8, 2016 by IC Insider.com

Honey Bun traded at a new high Wednesday.

Trading in the junior market pushed the index to 2,213.15 points, up by 13.61 points as 15 securities traded with 4 advancing and 9 declining. At the close 1,190,538 shares, valued at $6,986,614 changed hands. The market ended with 1 stock trading at 52 weeks’ intraday high.
The bids for 5 stocks closed higher than their last selling prices and 4 ended with lower offers.
At the end of trading, CAC 2000 rose by 5 cents and closed at $6.55 with 5,000 shares changing hands, Caribbean Cream gained 5 cents to end at $4.55, after trading 93,680 shares, Caribbean Producers traded 2,500 shares, to close at $4.50, Consolidated Bakeries traded 4,270 shares with a loss of 2 cents, to close at $2. C2W Music traded 18,000 shares and gained 3 cents, to end at 43 cents, Dolphin Cove traded 79,515 units and lost 20 cents to end at $11, Honey Bun fell by 5 cents in trading 183,042 units at $6.95 after trading at a new high of $7.51 earlier in the day. Jamaican Teas traded 12,500 shares and closed at $3.90.

Jetcon Corporation had 10,000 units changing hands at $2.65 after falling by 10 cents, Key Insurance traded 5,000 shares and lost 25 cents to close at $2.50, KLE Group closed with 1,500 units changing hands at $1.20, having lost 16 cents, Lasco Distributors fell 49 cents in trading 472,645 units to end at $7.50. Lasco Financial closed with a rise of 1 cent at $3.16 with 195,440 shares changing hands while Lasco Manufacturing traded 116,110 shares and dropped 15 cents to close at $4.75, tTech traded just 28,351 units at $4.05 after shedding 7 cents and Eppley 8.5% preference share traded 42,500 shares at $6 but lost 10 cents.

Filed Under: JSE Main Market, Stock Market Tagged With: C2W Music, CAC 2000, Caribbean Producers, Consolidated Bakeries, Daily Trading, Dolphin Cove, Eppley, Honey Bun, Jamaican Stock, Jamaican Teas, Jetcon Corporation, Key Insurance, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Trading Activity, tTech

Moderate trading as JSE drops – Wednesday

June 8, 2016 by IC Insider.com

Trading in the early Wednesday morning session on the Jamaica Stock Exchange was moderate in a lackluster market but Honey Bun traded at a new high of $7.50 with a 50 cents gain.
Trading resulted in activity in 23 securities, accounting for a volume of a mere 253,341 units as 8 stocks gained and 5 declined. The average number of shares traded amounts to just 11,015 units compared to an average of 714,361 units on Tuesday
After 75 minutes of trading in the early morning session, on Wednesday, the all Jamaica Composite Index dropped 948.35 points to 176,636.15, the JSE Market Index lost 847.97 points to 158,986.96, the JSE combined index dipped 715.15 to close at 170,111.47 points and the junior market index inched up 6.90 points to 2,206.44.

Filed Under: JSE Combined, Stock Market Tagged With: Daily Trading, Honey Bun, Jamaica Stock Exchange, Jamaican Stock, Trading Activity

Grace hits $120 & stock split coming

June 7, 2016 by IC Insider.com

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Group Chief Executive Officer, Don Wehby announced a proposed 3 for 1 stock split for the company.

The Jamaica Stock Exchange lost ground at the end of trading on Tuesday, with the main market major indices declining and the junior market Index moving higher with the volume of a number of stocks, jumping above regular trading levels. Grace Kennedy jumped to a new high of $120. The company announced a recommendation to be put to the stockholders at an extraordinary meeting, for a three-for-one stock split, to be effective on August 11.
A total of 35 securities changed hands on Monday, accounting for 22,588,186 units valued at $114,452,207, in all market segments. The junior market accounted for 7,943,352 shares, valued at $36,689,714 of the overall trades.
The price of 13 stocks in the overall market rose, 15 declined, including 5 stocks rising and 8 declining, from the junior market as 4 stocks in all markets hit new highs, four of which ended at new 52 weeks’ high.
The JSE Market Index dropped 1,266.89 points to end at 159,833.93. The all Jamaica Composite Index lost 1,416.85 points to close at 177,584.50 and the JSE combined index slipped 1,126.86 points, to close at 170,826.62.

IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 11 stocks with bids higher than their last selling prices and 8 with lower offers.
At the end of market activities, Berger Paints traded just 1,734 shares with the price rising 30 cents, to end at $4.80, Cable & Wireless lost 2 cents, in closing at $1.38 after trading 201,389 units, Caribbean Cement fell 25 cents, in trading 16,386 shares and closed at $24. Carreras had 101,167 units trading, to close with a loss of 98 cents, at $65.02. The price of 1834 Investments traded at $1.23 with 6,840,665 units changing hands, compared to 10,000,000 shares on Monday, Grace Kennedy jumped $10 in trading 247,831 units, to close at a 52 weeks high of $120, after it traded as high as $120.50, Jamaica Broilers ended with 260,971 units changing hands at $14.50, after adding 75 cents. Jamaica Producers traded 223,976 shares to end 1 cent higher at a 52 weeks’ high of $44.01, but traded as high as $45, Jamaica Stock Exchange rose 80 cents trading 41,900 shares, to close at $20.80, JMMB Group traded 2,200 units as the price gained 1 cent to $10, Kingston Wharves ended trading 9,975 stock units at $12. National Commercial Bank traded 26,750 shares, to close with a loss of $1 at $42,

Pan Jamaican Investment Trust traded 15,116 shares and ended at $26.50, Radio Jamaica closed trading with 6,485,157 shares down from 10,249,651 shares on Monday with the price falling 22 cents to end at $2, Sagicor Group ended with 15,200 shares changing hands with at $23. Sagicor Real Estate Fund gained 12 cents to close at $10.12 with 38,492 shares changing hands. Scotia Group slipped $1.49 to close at $31 as 13,594 units changed hands, Seprod traded 41,367 units, gained 30 cents to end at $16.80, Supreme Ventures traded 7,063 units to close at $4.50 and Proven Investments lost 1.49 US cents, to close at 18 US cents, while trading 54,081 shares.

Filed Under: JSE Main Market, Stock Market Tagged With: 1834 Investments, Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Daily Trading, Grace Kennedy, Jamaica Broilers, Jamaica Stock Exchange, Jamaican Stock, JMMB Group, Kingston Wharves, National Commercial Bank, Pan Jamaican, Proven Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Seprod, Supreme Ventures, Trading Activity

Lascos’ big trades – Tuesday

June 7, 2016 by IC Insider.com

Lasco Financial traded 1m shares on the junior market on Tuesday.

Trading in the junior market pushed the index to end at 2,199.54 points, up by just 4.65 points as 15 securities traded with 5 advancing and 8 declining. At the close 7,943,352 shares, valued at $36,689,714 changed hands with Lasco Financial Services accounting for 1.1 million units and Lasco Manufacturing 5.1 million units. Trading closed with Honey Bun ending at a closing 52 weeks’ high of $7 after gaining 40 cents, with 312,784 units changing hands, resulting in the gain for the year reaching 437 percent.
The market ended with 2 stocks closing at 52 weeks’ highs while the bids for 5 stocks closed higher than their last selling prices and 4 ending with lower offers.
At the end of trading, AMG Packaging lost 5 cents at $12.40 with 4,050 units changing hands, Caribbean Cream lost 15 cents to end at $4.50, after trading 103,235 shares, Caribbean Producers traded 9,000 shares but lost 10 cents, to close at $4.50. Consolidated Bakeries traded 559,414 shares with a loss of 2 cents, to close at $2.02. C2W Music traded 1,000 shares and rose by 4 cents to end at 40 cents.

Dolphin Cove traded 79,515 units and lost 20 cents to end at $11, General Accident Insurance fell 18 cents in trading 6,650 units at $2.26. ISP Finance Services rose 45 cents in trading 10,000 shares and closed at a 52 weeks’ high of $3.45, Jetcon Corporation had 128,775 units changing hands at $2.75 after falling by 12 cents, Key Insurance traded 1,500 shares at $2.75, Knutsford Express closed with 500 units changing hands at $17.50. Lasco Distributors rose 39 cents in trading 550,886 units to end at $7.99, Lasco Financial closed with a fall of 15 cents at $3.15 with 1,108,325 shares changing hands while Lasco Manufacturing traded 5,063,868 shares and gained 15 cents to close at $4.90 and tTech traded 10,500 units at $4.12 after shedding 18 cents.

Filed Under: JSE Junior Market, Stock Market Tagged With: AMG Packaging, C2W Music, Caribbean Producers, Consolidated Bakeries, Daily Trading, Dolphin Cove, General Accident, Honey Bun, ISP Finance, Jamaican Stock, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Trading Activity, tTech

TTSE stocks rise slightly – Tuesday

June 7, 2016 by IC Insider.com

Trading on the Trinidad and Tobago Stock Exchange closed on Tuesday on a slightly positive note. The market closed with 11 active securities changing hands, 3 of which gained, 1 declined while 7 remained unchanged, as 269,455 shares valued at $2,604,495 changed hands.
The Composite Index advanced by 0.11 points to close at 1,109.79, the All T&T Index fell 0.23 points to close at 1,759.40 and the Cross Listed Index remained at 61.20 points. The market ended with 1 stock closing at 52 weeks’ high.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 stocks with bids higher than their last selling prices and 7 with offers that were lower.
Gains| JMMB Group traded 4,220 shares and gained 1 cent to end at 61 cents, National Enterprises traded 3,085 shares and closed with a gain of 1 cent at $11.15.and Trinidad and Tobago NGL gained 6 cents to close at $21.06 with 250 units changing hands.
Losses| Scotiabank lost 1 cent in trading 2,500 units to end at 52 week’s Low of $53.28.
Firm Trades| Ansa Merchant Bank traded 1,176 shares at $39.50, Clico Investments ended with 183 shares changing hands at $22.65, First Citizens had 1,121 shares changing hands to close at $30, Massy Holdings closed at $48.16 in trading 6,837 shares with a value of $329,270. One Caribbean Media had 4,000 shares changing hands at $21.29, Sagicor Financial Corporation lead with 244,628 shares changing hands for a value of $1,746,644 to close at $7.14 and West Indian Tobacco traded 1,455 units at $126.30.

Filed Under: Stock Market, TTSE Market Tagged With: Ansa Merchant Bank, Clico Investments Fund, Daily Trading, First Citizens, JMMB Group, Massy Holdings, National Enterprises, One Caribbean Media, Sagicor Financial Corporation, Scotiabank, Trading Activity, Trinidad and Tobago NGL, TTSE$, West Indian Tobacco

JSE stocks ride on up

June 6, 2016 by IC Insider.com

RJR closed at a new 52 weeks high of $2.22 after trading 10m shares.

The Jamaica Stock Exchange continued to move higher at the end of trading on Monday, with the main market major indices rising and the junior market Index moving higher as well while the volumes of a number of stocks jumped above regular trading levels.
A total of 36 securities changed hands on Monday, accounting for 26,280,948 units valued at $158,936,391, in all market segments. The junior market accounted for 1,803,816 shares, valued at $8,745,258 of the overall trades.
The price of 14 stocks in the overall market rose, 12 declined, including 7 stocks rising and 2 declining, from the junior market as 4 stocks in all markets hit new highs, three of which ended at new 52 weeks’ high.
The JSE Market Index rose 438.15 points to end at 161,100.82. The all Jamaica Composite Index gained 490.02 points to close at 179,001.35 and the JSE combined index climbed 705.35 points, to close at 171,943.48.
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 6 with lower offers.

At the end of market activities, Berger Paints traded 10,259 shares with the price rising 1 cent, to end at $4.50, Cable & Wireless lost 7 cents, in closing at $1.40 after trading 46,675 units, Caribbean Cement fell 25 cents, in trading 34,161 shares and closed at $24.25. Carreras had 1,206,443 units trading, to close with a loss of 98 cents, at $65.02. The price of 1834 Investments rose 6 cents, to $1.23 with 10,000,000 shares changing hands, Grace Kennedy dropped $5 in trading 1,443 units, to close at $110, Jamaica Broilers ended with 33,115 units changing hands at $13.75, after shedding 25 cents, Jamaica Producers traded 51,610 shares to end at $44. Jamaica Stock Exchange lost 80 cents trading 25,000 shares to close at $20, JMMB Group traded 2,027,654 units as the price lost 1 cent to end at $9.99, Kingston Wharves rose by 20 cents in trading 23,106 stock units at $12,

National Commercial Bank traded 1,150 shares, to close with a gain of $1 at $43. Pan Jamaican Investment Trust traded 51,241 shares and ended at $26.50, Pulse Investments closed with 100,000 shares trading at $3, Radio Jamaica closed trading with 10,249,651 shares with the price rising 12 cents to a 52 weeks’ high of $2.22, Sagicor Group ended with 399,062 shares changing hands with a rise of 1 cent at $23. Scotia Group slipped 48 cents to close at $32.49 as 15,680 units changed hands, Seprod traded 62,258 units and declined 38 cents to end at $16.50, Supreme Ventures traded 101,443 units to close at $4.50 and Proven Investments closed at 19.5 US cents while trading 29,900 shares.

Filed Under: JSE Main Market, Stock Market Tagged With: 1834 Investments, Berger Paints, Cable & Wireless, Carreras, Daily Trading, Jamaica Broilers, Jamaica Stock Exchange, Jamaican Stock, JMMB Group, Kingston Wharves, National Commercial Bank, Pan Jamaican, Proven Investments, Pulse Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Seprod, Supreme Ventures, Trading Activity

Juniors move higher on Monday

June 6, 2016 by IC Insider.com

Honey Bun closed at a new high of $6.60 on Monday.

Trading in the junior market pushed the index to end at 2,194.89 points, up by 29.07 points. A total of 13 securities traded with 7 advancing and 2 declining. At the close, 1,803,816 shares, valued at $8,745,258 changed hands. Trading closed with Honey Bun ending at a closing 52 weeks’ high of $6.60 after gaining $1.55, with 101,486 units changing hands, resulting in the gain for the year reaching 437 percent.
The market ended with bids for 7 stocks closing higher than their last selling prices and 3 ending with lower offers.
At the end of trading, Access Financial Services closed with a gain of 50 cents at $17 with 1,162 units changing hands, CAC 2000 close with 2,400 units trading at $6.50, Caribbean Cream gained 14 cents to end at $4.65, after trading 50,000 shares, Caribbean Producers traded 38,186 shares and gained 10 cents, to close at $4.60.

Consolidated Bakeries traded 20,000 shares with a gain of 4 cents, to close at $2.04. Dolphin Cove traded 38,920 units and gained 20 cents to end at $11.20, General Accident Insurance fell by 18 cents in trading 6,650 units at $2.26. KLE Group traded 100 units and fell 24 cents to close at $1.36, Knutsford Express closed with 20,120 units changing hands at $17.50, Lasco Distributors fell 30 cents with 105,688 units trading at $7.60. Lasco Financial closed with a rise of 16 cents at $3.30 with 257,296 shares changing hands while Lasco Manufacturing traded 1,200,628 shares and gained 15 cents to close at $4.75 and tTech traded just 100 units at $4.30.

Filed Under: JSE Junior Market, Stock Market, TTSE Market Tagged With: CAC 2000, Caribbean Producers, Consolidated Bakeries, Daily Trading, Dolphin Cove, General Accident, Honey Bun, Jamaican Stock, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Trading Activity, tTech

Honey Bun hits new high – Monday

June 6, 2016 by IC Insider.com

Honey Bun traded at a new high of $6.15 in the early Monday morning session on the Jamaica Stock Exchange with 51,129 units changing hands and Radio Jamaica traded 241,870 units to hit a new high of $2.22 and traded after at $2.20. The overall market started off on a positive note in confirming that the market hit a bottom in May.
Stocks trading over 100,000 units in the main market include Lasco Manufacturing trading 172,769 shares at $4.70 and Pulse Investments that traded 100,000 shares at $3.
Trading resulted in activity in 25 securities, accounting for a volume of 796,058 units as 11 stocks gained and 3 declined. The average number of shares traded amounts to 34,611 units compared to an average of 54,276 units on Friday.
After 75 minutes of trading in the early morning session, on Monday, the all Jamaica Composite Index rose 285.63 points to 178,796.96, the JSE Market Index climbed 255.40 points to 160,918.07, the JSE combined index gained 441.84 points, to 171,689.97 and the junior market index jumped 19.93 points to 2,185.76.

Filed Under: JSE Combined, Stock Market Tagged With: Daily Trading, Honey Bun, Jamaica Stock Exchange, Jamaican Stock, Lasco Manufacturing, Pulse Investments, Radio Jamaica, Trading Activity

5% jump in 8 days for JSE

June 4, 2016 by IC Insider.com

RJR traded at a new high on Friday.

The Jamaica Stock Exchange gained over 5 percent at the end of trading on Friday for the combined market, since the close on May 24, with the main market rising by 5.7 percent as measured by the all Jamaican Composite Index. In between, the main market recorded gains on each trading day, except for a mild fall on the last day of May, with trading ending on Friday with another strong rise in the indices.
A total of 33 securities changed hands on Friday, accounting for 5,276,551 units valued at $50,291,976, in all market segments. The junior market accounted for 2,520,895 shares, valued at $12,191,278 of the overall trades.
The price of 16 stocks in the overall market rose, 5 declined, including 6 stocks rising and 4 declining, from the junior market as 4 stocks in all markets hit new highs, three of which ended at new 52 weeks’ high.
The JSE Market Index surged 1,069.13 points to end at 160,662.67. The all Jamaica Composite Index jumped 1,195.68 points to close at 178,511.33 and the JSE combined index climbed 1,153.53 points, to close at 171,248.13.

IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 13 stocks with bids higher than their last selling prices and 10 with lower offers.
At the end of market activities, Cable & Wireless gained 2 cents in closing at $1.47 after trading 450,430 units, Caribbean Cement rose $1.20 in trading 8,800 shares and closed at $24.50, Carreras had 43,851 units trading, to close with a gain of 19 cents at $66. The price of 1834 Investments rose 2 cents, to $1.17 with 103,300 shares changing hands, Grace Kennedy traded 4,215 units, to close at $115, Jamaica Broilers ended with 3,300 units changing hands at $14, Jamaica Producers traded 2,505 shares and gained $1.99 to end at a 52 weeks’ high of $44. JMMB Group traded 3,413 units as the price gained 30 cents to $10,

National Commercial Bank traded 15,130 shares, to close with a gain of 90 cents at $42. Pan Jamaican Investment Trust traded 24,973 shares and ended at $26.50, Radio Jamaica closed trading with 328,001 shares with the price rising 18 cents to a 52 weeks’ high of $2.10. Sagicor Group ended with 290,437 shares changing hands with a rise of 20 cents at $22.99, Sagicor Real Estate Fund traded 294,111 shares at $10, Scotia Group slipped 2 cents to close at $32.97 as 590,571 units changed hands, Seprod traded 33,377 units to end at $16.88. Supreme Ventures traded 419,994 units to close at $4.50 and JMMB Group 7.5% preference share, traded 136,380 units at $1.04.