Big jump in TCL bid price – Monday

Trinidad Cement closed with a bid at $4.61 to buy 69,626 units on Monday

Trinidad Cement closed with a bid at $4.61 to buy 69,626 units on Monday

Trinidad Cement did not trade on the Trinidad and Tobago Stock Exchange on Monday but bid closed with a bid at $4.61 to buy 69,626 units, with no stock on offer. The stock last traded at $4.33. Trading ended with 11 active securities with the prices 3 rising and 3 declining and 5 trading unchanged. The volume changing hands was 213,815 shares for a value of $2,472,674.
At the close, the Composite Index ending with a fall of 1.35 points at 1,157.31 the All T&T Index declined by 0.23 points to 1,955.35 and the Cross Listed Index slipped by 0.34 points to 47.23.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than the last selling price and 5 stocks with offers that were lower.
Gains| Clico Investment Fund posted 42,154 shares valued at $956,066 and closed with a gain of 1 cents at $22.69, National Flour ended with 37,040 shares changing hands at $2.50, after rising 22 cents to a 52 weeks’ high and Sagicor Financial Corporation closed with 25,100 shares changing hands at $6.06 with a gain of 1 cent.
Declines| Agostini’s traded 1,010 shares as the price slid 20 cents to end at $18, a 52 weeks’ low,TTSE 30-11-15 National Commercial Bank lost 10 cents in trading 35,000 shares at $1.85 and Trinidad and Tobago NGL slipped 30 cents in trading, to close at $21.70 with 38,821 units valued at $ $844,535 changing hands.
Firm Trades|, Berger Paints had 50 shares changing hands and ended at $3.67, First Citizens Bank traded 3,617 shares to close at $35, Grace Kennedy closed with 25,000 shares changing hands at $3.75, JMMB Group had just 400 shares changing hands at 50 cents and One Caribbean Media ended with 5,623 shares changing hands to close at $22.

J$ slips against all on Friday

FX_USPound On Friday, the Jamaican dollar slipped against the three major currencies it usually trades against, in the foreign exchange market. Purchasing by dealers was just slightly more than the funds they sold. At the close of trading, dealers bought the equivalent of US$40,251,301 and sold the equivalent of US$39,350,916, compared with US$16,888,330 they purchased and US$24,496,549 sold on Thursday.
US dollar trading , dealers bought US$36,593,430 compared to US$14,549,371 on Thursday. The buying rate for the US dollar rose 51 cents to $119.45 FX sum 27-11-15 and US$37,420,311 was sold versus US$20,657,823 on Thursday, the selling rate rose 4 cents to $119.97. The Canadian dollar buying rate fell 3 cents to end at $87.36 with dealers buying C$1,562,984 and selling C$1,203,103, at an average rate that dropped 87 cents to $88.69. The rate for buying the British Pound jumped $1.75 to $178.91 for the purchase of £1,598,967, while £622,047 was sold, with the rate falling $1.36 to $179.20. At the end of trading, it took J$127.36 to purchase the Euro, a rise of 27 cents from Thursday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$124.41 for a fall of 15 cents from Thursday’s rate. The US dollar equivalent of other currencies traded, amounts to US$120,061 being bought, while US$111,998 was sold.
Highs & Lows| On Friday, the highest and lowest buying rates for the FX hl 27-11-15 US dollar and the highest and the lowest selling rates were all unchanged at $120.10, $98.66, $126.42 and $98.66 respectively. The highest buying rate for the Canadian dollar fell $1 to end at $90, the lowest buying rate dipped 83 cents to $70.80, the highest selling rate rose 49 cents to $92.17 and the lowest selling rate was unchanged at $84.50. The highest buying rate for the British Pound, remained at $181. The lowest buying rate fell by 83 cents to $144.42, the highest selling rate dropped $2.99 to $184.26 and the lowest selling rate was unchanged at $174.

Bulls retreat on JSE – Friday

Carib Cement closed at a new 52 weeks' high on Friday.

Carib Cement closed at a new 52 weeks’ high on Friday.

The Jamaica Stock Exchange main market suffered another day of reversal in the indices on Friday. The market closed with a volume of 6,907,239 units valued at $34,171,808 changing hands, in all market segments. Activity took place in 37 securities, leading to 14 securities rising and 12 declining with 5 stocks ending at 52 weeks’ closing high but with just 1 from the main market.
The JSE Market Index lost 480.67 points to 140,626.96, the all Jamaica Composite Index fell 537.18 points to end at 156,113.73 and the JSE combined index declined 149.43 points to end at 147,291.47.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 8 stocks with bids higher than their last selling prices and 7 with lower offers.
JSE sum 27-11-15In trading, Cable and Wireless closed with 1,389,853 units changing hands at $1.52 after the price gained 9 cents, Caribbean Cement climbed 20 cents to end at a 52 weeks’ high of $19.20, with 75,115 shares changing hands, Carreras rose 90 cents to close at $56 with 13,048 units trading. Ciboney did not trade but had a bid to buy 125,000 units at 19 cents and just below, are bids between 16 cents and 18 cents to buy 2.38 million units. Desnoes & Geddes ended with 44,130 shares trading at $30, Gleaner traded 23,325 units at $1.95, Jamaica Broilers lost 60 cents as it traded 266,093 shares to close at $8. Jamaica Producers traded 18,661 shares to end at $31, JMMB Group lost 14 cents while trading 5,400 shares to close at $10.11. Kingston Wharves ended with 76,220 shares changing hands at $11.30 after losing 17 cents, JSE Fn Qts 27-11-15 National Commercial Bank closed with a loss of $1.19 as 105,766 shares changed hands to end at $36. Pan Jamaican Investments declined by $1 to end at $89 with 12,618 units changing hands. Pulse Investments traded 10,000 shares and ended at $2.50 after falling 50 cents, Sagicor Group fell 5 cents in trading 39,505 units to end at $16.65. Scotia Group had 19,600 shares changing hands and closed at $27, Supreme Ventures had 250,643 units changing hands but the price rose 10 cents to $4.80. Proven Investments ended at 22.9 US cents with 108,528 changing hands, Jamaica Money Market Brokers 7.50% preference share traded 75,000 units with the price ending at $1.80.

Juniors make strong recovery on Friday

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Knutsford closed at a new high of $9 on Friday

Knutsford closed at a new high of $9 on Friday

The junior market recovered sharply from losses with 19 active securities out of 27 listings on Friday. Trading ended with 9 stocks advancing and 4 the declined. A total of 4,447,873 units, valued at $17,215,047 changed hands. Trading ended with a 2 percent or 34.09 points rise in the index to 1,626.01. The market ended with 4 new 52 weeks’ closing highs.
Only 2 securities ended with no bids to buy and 7 had no stocks being offered for sale. A total of 4 stocks closed with bids higher than the last traded prices and none closed with lower offers.
In trading, Access Financial Services traded 249 units with the price rising 7 cents to $13.57, AMG Packaging closed at $6 with 1,458 units changing hands, Blue Power rose by 1 cent and closed with 10,265 units trading, C2W Music ended with 61,000 units changing hands at 38 cents. Caribbean Cream had 87,000 units changing hands but lost 10 cents, to end at $4.40, Caribbean Flavours in trading 7,426 units and ended at $6.57, Caribbean Producers gained 35 cents in trading 462,506 units to end at $5.80 for a 52 weeks’ closing high, Consolidated Bakeries fell 10 cents trading 19,736 shares at $1.30. Dolphin Cove ended with 128,900 units changing hands with a $1 gain to $16, General Accident ended with 699,239 shares changing hands and closed at $2 after declining by 19 cents, Honey Bun with 1,000 shares changing hands, closed with a gain of 15 cents at $5.65 for a new 52 weeks’ high. Jamaican Teas gained 5 cents with 3,000 shares trading at a 52 weeks’ closing high of $5, JM - Trade 27-11-15 KLE Group ended with 30,000 units with a loss of 10 cents at 70 cents, Knutsford Express jumped $1 in trading 30,000 units at $9 for a 52 weeks’ high. Lasco Distributors closed with 1,135,443 shares changing hands, to end with a rise of 5 cents at $4.05, Lasco Financial ended at $3, with 1,124,054 shares changing hands. Lasco Manufacturing rose 16 cents to $3.71 with 651,985 shares trading, Sweet River Abattoir traded just 612 units at $3.95 and Derrimon Trading preference share ended with 3,500 trading at $2.20.

No price change for TTSE – Friday

TTSE build Trading on the Trinidad and Tobago Stock Exchange was moderate Friday, ending with 14 active securities but there were no prices changes based on last traded prices and only 60,287 shares changed hands for a value of $1,263,624.
At the close, the Composite Index ending with a fall of 1.82 points at 1,158.66, the All T&T Index declined by 1.23 points to 1,955.35 and the Cross Listed Index slipped by 0.33 points to 47.57.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than the last selling price and 6 stocks with offers that were lower.
Firm Trades| Agostini’s traded 170 shares at $18.20, ANSA McAL contributed 200 shares and ended at $67, Ansa Merchant Bank traded 500 units to close at $38.96, Clico Investment Fund closed with 7,389 shares changing hands at $22.65. TTSE 27-11-15First Citizens Bank traded 6,769 shares to close at $35.01, Guardian Holdings with 5,680 shares changing hands, closed at $12.90, Massy Holdings closed at $61.95 with 20 shares changing hands, National Commercial Bank traded 10,200 shares at $1.95. National Enterprises with 350 shares changing hands at $16.49, National Flour with 1,000 shares ended at $2.22, Republic Bank closed at $112, with 1,000 shares changing hands. Sagicor Financial Corporation closed with 8,377 shares changing hands at $6.03, One Caribbean Media ended with 17,205 shares valued at $378,510, changing hands at $22.05 and West Indian Tobacco added 1,427 shares and ended at $126.15.

J$ slips against all on Thursday

FX_USPound2 On Thursday the Jamaican dollar slipped against the three major currencies it usually trades against in the foreign exchange market. Purchasing by dealers was US$7.6 million less than the funds they sold. At the close of the market, the equivalent of only US$16,888,330 was bought by dealers with the equivalent of US$24,496,549 sold, compared with US$32,919,431 they purchased and US$37,604,938 sold on Wednesday.
In US dollar trading , dealers bought US$14,549,371 compared to US$30,545,842 on Wednesday. The buying rate for the US dollar declined 34 cents to $118.94 and US$20,657,823 was sold versus US$35,916,393 on Wednesday, the selling rate rose 6 cents to $119.93. FX sum 26-11-15The Canadian dollar buying rate fell 8 cents to end at $87.39 with dealers buying C$942,453 and selling C$646,643, at an average rate that gained 26 cents to $89.56. The rate for buying the British Pound fell 81 cents to $177.16 for the purchase of £1,008,120, while £383,784 was sold, with the rate rising 97 cents to $180.56. At the end of trading, it took J$127.09 to purchase the Euro, a fall of 46 cents from Wednesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$124.56 for a fall of 49 cents from Wednesday’s rate. The US dollar equivalent of other currencies traded, amounts to US$144,899 being bought, while US$2,778,069 was sold.
Highs & Lows| On Thursday, the highest and lowest buying rates for the US dollar and the highest selling rate were unchanged at $120.10, $98.66 and $126.42, respectively. FX hl 26-11-15The lowest selling rate declined by $18.34 to $98.66. The highest buying rate for the Canadian dollar fell 40 cents to end at $91, the lowest buying rate remained at $71.63, the highest selling rate fell 66 cents to at $91.68 and the lowest selling rate declined by $1 to $84.50. The highest buying rate for the British Pound, rose 50 cents to end at $181. The lowest buying rate was unchanged at $145.25, the highest selling rate jumped $3.12 to $187.25 and the lowest selling rate was down by $1 to end at $174.

No stocks rise on TTSE’s – Thursday

TTSE build Trading on the Trinidad and Tobago Stock Exchange declined to more moderate levels Thursday, ending with 11 active securities, none closed higher, 1 declined and 10 remained unchanged as 248,589 shares changed hands for a value of $2,284,764.
At the close, the Composite Index ending with a fall of 0.05 points at 1,160.48 the All T&T Index decline of 0.09 points to 1,956.58 and the Cross Listed Index remained at 47.90.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than the last selling price and 5 stocks with offers that were lower.
Gains| No stocks recorded gains on Thursday, this is the first time in November that this has happened.
Declines| Massy Holdings suffered a loss of 2 cents to close at $61.95 with 80 shares changing hands to end at a 52 weeks’ low.
Firm Trades| Clico Investment Fund closed with 8,361 shares at $22.65TTSE 26-11-15r First Citizens Bank traded 1,072 shares to close at $35.01, Grace Kennedy closed unchanged at $3.75 with 185,500 shares changing hands for a value of $695,625, JMMB Group contributed 3,956 shares and ended at 50 cents, Republic Bank closed at $112, with just 20 shares changing hands. One Caribbean Media closed with 220 shares changing hands at $22.05, Scotia Investments traded 124 units to end at $1.59, Trinidad and Tobago NGL closed at $22 as 46,717 shares changed hands for a value of $ $1,027,772 and West Indian Tobacco added 2,538 shares valued at $320,169 and ended at $126.15.

Juniors recover sharply on Thursday

Jamaican Teas ended at a 52 weeks closing high on Thursday

Jamaican Teas ended at a 52 weeks closing high on Thursday

The junior market recovered sharply from losses with 14 active securities on Thursday, 9 of which advanced and 2 declined as most of the profit taking seems to be coming to an end. A total of 1,964,533 units, valued at $8,232,518 changed hands. Trading ended with a 3 percent or 47.93 points rise in the index to 1,591.92. The market ended with 2 new 52 weeks’ closing highs.
Only 2 securities ended with no bids to buy and 9 had no stocks being offered for sale. A total of 5 stocks closed with bids higher than the last traded prices and 3 closed with lower offers.
In trading, Access Financial Services traded 6,250 units, with the price rising $1 to $13.50, C2W Music ended up with 3,083 units changing hands with a gain of 1 cent to 38 cents, Caribbean Cream had 8,000 units changing hands and recovered 20 cents, to end at $4.50, Caribbean Flavours in trading 5,000 units ended at $6.57. Caribbean Producers gained 45 cents in trading 328,400 units to end at $5.45, Derrimon Trading ended with 25,700 units changing hands with a 5 cents loss to $3.45, General Accident ended with 12,900 shares changing hands and closed at $2.19 after rising 29 cents but was offered at $2 at the close.JM - Trade 26-11-15 Honey Bun with 15,512 shares changing hands, closed with a gain of 50 cents at $5.50 for a new 52 weeks’ high, Jamaican Teas had 10,700 shares trading at a 52 weeks’ closing high of $4.95, after rising by 30 cents, Knutsford Express lost 20 cents in trading 1,900 units at $8. Lasco Distributors closed with 641,324 shares changing hands, to end with a rise of 10 cents at $4, Lasco Financial ended at $3, with 465,338 shares changing hands. Lasco Manufacturing closed with a decline of 16 cents to $3.55 with 255,274 shares trading and Eppley 2019 Preference Share ended with 190,000 units changing hands with a gain of 1 cents to $6.08.

J$ firm vs US up on others – Wednesday

1000front Trading in Jamaica’s foreign exchange market saw US$4.7 million more funds flowing out of the market than the amount entering on Wednesday but the Jamaican dollar held against the US and gained against others. At the close of trading, the equivalent of US$32,919,431 was bought by dealers, compared with US$38,773,432 on Tuesday, while they sold the equivalent of US$37,604,938 versus US$32,724,247 previously.
In US dollar trading , dealers bought US$30,545,842 compared to US$33,795,098 on Tuesday. The buying rate for the US dollar decline 4 cents to $119.28 and US$35,916,393 was sold versus US$30,120,276 on Tuesday, the selling rate was unchanged at $119.87. FX sum 25-11-15The Canadian dollar buying rate fell 73 cents to end at $87.47 with dealers buying C$1,021,907 and selling C$938,883, at an average rate that shed 29 cents to $89.30. The rate for buying the British Pound fell $1.64 to $177.97 for the purchase of £1,041,355, while £499,144 was sold, with the rate falling 98 cents to $179.59. At the end of trading, it took J$127.55 to purchase the Euro, a rise of 27 cents from Tuesday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$125.05 for an increase of 39 cents from Tuesday’s rate. The US dollar equivalent of other currencies traded, amounts to US$70,476 being bought, while US$241,278 was sold.
Highs & Lows| On Wednesday, the highest buying rate for the US dollar rose 12 cents to $120.10, the lowest buying rate was unchanged at $98.66 and the highest selling rate remained at $126.42. FX hl 25-11-15The lowest selling rate jumped $18.34 to $117. The highest buying rate for the Canadian dollar rose 40 cents to end at $91.40, the lowest buying rate gained 25 cents to $71.63, the highest selling rate is up 9 cents to at $92.34 and the lowest selling rate ended higher by 50 cents to $85.50. The highest buying rate for the British Pound, dropped $1.50 to end at $180.50. The lowest buying rate increased by 33 cents to $145.25, the highest selling rate dropped $2.69 to $184.23 and the lowest selling rate rose $1 to end at $175.

Juniors slip again on Wednesday

Knutsford Express ended at a new all-time high of $8.20

Knutsford Express ended at a new all-time high of $8.20

The junior market suffered more losses on Wednesday with 16 active securities, of which 8 advanced and 4 declined as some investors continue to take profits with a sharp upward movement of the market in 2015 and improved valuation of several stocks. A total of 3,669,193 units, valued at $14,681,931 changed hands. Trading ended with a 38.37 points fall of the index to 1,543.99.
The market ended with 3 new 52 weeks’ closing highs and one 52 weeks closing low. Only 3 securities ended with no bids to buy and 10 had no stocks being offered for sale. A total of 4 stocks closed with bids higher than the last traded prices and 3 closed with lower offers.
In trading, AMG Packaging traded 1,130 units at $6, C2W Music ended up with 41,000 units changing hands at a loss of 2 cents to end at a 52 weeks’ closing low of 37 cents, Cargo Handlers ended with 755 shares changing hands, for a gain of 80 cents and closed at a 52 weeks’ high of $36, Caribbean Cream had 6,866 units changing hands and recovered 80 cents of the fall of $1.01 on Tuesday, to end at $4.30, Caribbean Flavours gained 27 cents in trading 7,574 units to end at $6.57. Caribbean Producers lost 50 cents in trading 715,339 units to end at $5. Consolidated Bakeries rose 5 cents at the close, to end at $1.40 with 33,814 units changing hands, Derrimon Trading ended with 4,211 units changing hands at $3.50 but was offered at $3.45 at the close, General Accident ended with 12,900 shares changing hands and closed at $1.90. Honey Bun with 17,265 shares changing hands and closed at $5,JM - Trade 25-11-15 Jamaican Teas had 500,000 shares trading at a 52 weeks’ closing high of $4.65, after rising by 35 cents, Knutsford Express rose 70 cents in trading 150,000 units at a 52 weeks’ closing high of $8.20. Lasco Distributors closed with 177,942 shares changing hands, to end with a loss of 21 cents at $4.11, Lasco Financial gained 14 cents to end at $3, with a total of 217,882 shares changing hands. Lasco Manufacturing closed with a rise of 21 cents to $3.71 with 960,001 shares trading and Medical Disposables ended with 822,514 shares changing hands but lost 40 cents to end at $3.

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