Daily Trading — Page 920

Junior market slips slightly

June 15, 2015 by IC Insider.com

Cargo Handlers closed at a new high of $24 on Monday

Trading ended on the Junior Market with 9 securities trading, and ended with 1,636,539 units changing hands valued at $3,113,265. The JSE Junior Market Index 5 declined 3.65 points to close at 903.68, with the price of 5 stocks advancing and 3 declining with 2 closing at a 52 weeks’ high.
At the close of the market, there were 5 stocks with bids higher than their last selling prices and only 4 with lower offers. Trading ended with 4 securities closing with no bids to buy and 9 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Cargo Handlers traded at a new high of $24 with 1,415 units to gain 49 cents on Friday’s last sale price.

Caribbean Cream traded at a new all-time high of $2 but slipped back to $1.85 having traded 36,865 shares and closed with the offer at $1.80 to sell 100 shares. General Accident Insurance concluded trading with 106,178 shares changing hands to close 19 cents lower at $1.56, Jamaican Teas closed with only 2,070 shares trading at $3.52, for a 2 cents fall, Lasco Distributors traded 252,985 shares, 1 cent higher at $1.41, Lasco Financial Services finished trading with 1,202,900 units, the price gained 4 cents to $2.04. Lasco Manufacturing had trading in 23,584 shares to gain 1 cent to $1.46, Medical Disposables contributed 8,000 shares with the price rising 20 cents, to close at a 52 weeks’ high of $2.30 and Paramount Trading ended trading with 2,542 shares with a decline of 50 cents at $5.

Scotiabank drops 40 cents on TTSE

June 15, 2015 by IC Insider.com

Scotiabank drops 40 cents on TTSE on Monday

Moderate trading on the Trinidad Stock Exchange, ended with Scotiabank shedding 40 cents with a small volume of shares and ending with 8 securities changing hands of which 1 advanced, 2 declined and 5 traded firm with a total of 49,066 units, valued at $642,994.
At the close of the market, the Composite Index lost 0.64 points to close at 1,161.71, the All T&T Index fell by 1.29 points to close at 1,969.47 and the Cross Listed Index remained at 46.45.
Gains| The only stocks increasing in price at the close is National Flour trading 1,000 shares to close with a gain of 5 cents at new 52 weeks’ high of $2.05.
Declines| The stocks declining at the end of trading are, Ansa Merchant Bank with 150 shares trading to close down a cent at $38.94 and Scotiabank with 1,000 shares, declined 40 cents to close at $62.15.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund with 10,170 shares valued at

$229,334 to close unchanged at $22.55, First Citizens Bank trading 4,532 shares valued at $162,290 to close at $35.81, Flavorite Foods had 27,676 units changing hands at $4.80, Massy Holdings trading 346 shares to close at $64.35 and Sagicor Financial Corporation trading 4,192 shares to close at $6.25.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator shows 4 stocks with the bid higher than their last selling prices and 1 with the offer that is lower.

Filed Under: Stock Market, TTSE Market Tagged With: Ansa Merchant Bank, clico, Daily Trading, First Citizens, Flavorite Foods, Massy Holdings, National Flour, Sagicor, Scotia, TTSE

Mild decline at JSE in early trading

June 15, 2015 by IC Insider.com

With an hour of trading on the Jamaica Stock Exchange having passed, the market indices fell with a total of 5 stocks have declined and 5 are up.
The main market has so far had 15 stocks being active while only 3 stocks have so far traded in the junior market for a total of 18 securities trading accounted for 2.27 million shares.
Cable & Wireless traded 830,959 units at 44 cents and Sagicor Group traded 689,489 shares at $12.15 to be the noted trades so far. Caribbean Cream traded at a new all-time high of $2 but has since slipped to $1.85 and Cargo Handlers traded at a new high of $24 with 1,415 units.
TheJSE Market Index lost 101.99 points to 96,528.19 the JSE All Jamaican Composite index fell 114 points to close at and the 106,717.95 JSE combined index dropped 190.63 points to end at 99024.44, the junior market index climbed 10.41 to a new high of 896.92 points.

Filed Under: JSE Main Market, Stock Market Tagged With: C&WJ, Cargo Handlers, Daily Trading, Sagicor

Purchases exceed sales by US$4m Friday

June 12, 2015 by IC Insider.com

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Sale of and purchases of all currencies by dealers was US$4 million less than sales on Friday as the Jamaican dollar slipped against two of the main currencies it regularly trades against, but trading in the important US dollar currency was evenly matched. Dealers bought the equivalent of US$29,230,364 compared with US$26,229,816, on Thursday while they sold the equivalent of US$25,122,040 versus US$26,264,239 previously.
In US dollar trading, dealers bought US$22,763,864 compared to US$22,637,066 on Thursday. The buying rate for the US dollar gained 5 cents at $115.73 and US$22,000,617 was sold versus US$24,198,294 on Thursday, the selling rate climbed 3 cents to $116.36. The Canadian dollar buying rate rose 25 cents to $92.20 with dealers buying C$1,018,027 and selling C$1,218,213, at an average rate that climbed 34 cents to $95.28. The rate for buying the British Pound increased 76 cents to $177.26 for the purchase of £3,214,767, while £877,534 was sold, at an average rate that jumped $1.64 to $180.54. At the end of trading it took J$130.69 to purchase the Euro, 71 cents less than on Thursday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.01 for 64 cents lower than Thursday’s rate. Other currencies bought, amounted to the equivalent of US$731,597, while the equivalent of US$762,505, was sold.
Highs & Lows| The highest buying rate for the US dollar rose 15 cents to $116.65, the lowest buying rate remained unchanged at $95.19. The highest selling rate dropped $3.78 to $118.20 and the lowest selling rate declined $1.88 to $95.19. The highest buying rate for the Canadian dollar slipped 20 cents to $94.40, the lowest buying rate eased 29 cents to $74.99, the highest selling rose 45 cents to $97.50 and the lowest selling rate fell 20 cents to $90.50. The highest buying rate for the British Pound, increased $1.20 to $181.30, the lowest buying rate was unmoved at $143.42, with the highest selling rate dipped 97 cents to $183.93 and the lowest selling rate rose 80 cents to $173.60.

Filed Under: FX Market, Stock Market Tagged With: BOJ, British Pound, Canadian dollar, Daily Trading, FX Market, J$ vs euro, Jamaica dollar, US Dollar

AJ Index falls 3,000 points in 6 days

June 12, 2015 by IC Insider.com

Scotia Group fell again on Friday to $23.10 from its recent 52 weeks’ high of $27, and is the major factor behind the 3,000 points fall in the market index.

The Jamaica Stock Exchange, closed out the week on a negative note with the prices of 8 stocks rising, 17 declining as 35 securities changed hands, ending in 3,084,121 units trading, valued at $28,761,098. A total of 3 stocks traded to close at a new 52 weeks’ high, in all market segments.
Since last week Friday the main market has slipped 5 days out of the 6 trading days. The last three days recorded negative movements in the indices. The JSE Market Index lost 805.17 points to close at 96,528.19, and is down over 2,700 points from last week’s Thursday close, the JSE All Jamaican Composite index fell 899.97 points to close at 106,831.50 and has lost more 3,000 points since last week’s Thursday close. The JSE combined index dropped 989.73 points to end

at 99,230.69 on Friday and lost just over 2,600 points since Thursday, last week.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 7 stocks with bids higher than their last selling prices and 8 with offers that were lower, a negative indicator for Monday’s trading.
In trading, Cable & Wireless ended with 77,630 shares changing hands and closed unchanged at 44 cents, Carreras traded 213,902 shares to close at $49 after losing 50 cents, Desnoes & Geddes ended with 106,421 shares changing hands with the price declining 45 cents to $7.55, Grace Kennedy traded 10,133 units to close at $63.95. Jamaica Broilers closed at a new 52 weeks’ high of $5.75 to gain 35 cents, with 431,083 units changing hands,

Jamaica Stock Exchange ended with 15,415 shares trading and closed at $6.35, to lose 15 cents. JMMB Group gained 8 cents to end at $7.30 with 134,900 shares, Kingston Wharves lost 49 cents with 8,000 shares trading at the close at $6.51, National Commercial Bank had 36,290 units trading unchanged at $29.50. Sagicor Group traded only 31,267 shares, was quoted at $12.06 when trading ended, with a loss of 34 cents. The stock traded at a new 52 weeks’ high of $12.50 during the day. Scotia Group had 301,432 shares changing hands at $23.10 with a loss of 50 cents, Sterling Investments saw 11,660 units trading at $13.40 and put on 5 cents, Supreme Ventures had 46,994 units changing hands at $3.65 for a 5 cents gain and Proven Investments 8% preference share traded 127,800 units at $5.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Carreras, D&G, Daily Trading, Desnoes & Geddes, Grace Kennedy, Jamaica Broilers, JMMB Group, JSE Company, Kingston Wharves, Mayberry, NCB, Proven, Scotia, Supreme Ventures, Trading Activity

TTSE ends week in balance

June 12, 2015 by IC Insider.com

Trading on the Trinidad Stock Exchange ended on Friday with 13 securities changing hands of which 2 advanced, 2 declined and 9 traded firm with a total of 390,967 units, valued at $15,929,224.
At the close of the market, the Composite Index gained 0.15 points to close at 1,162.35, the All T&T Index rose by just 0.19 points to close at 1,970.76 and the Cross Listed Index increased by a mere 0.01points to end at 46.45.
Gains| Stocks increasing in price at the close are, ANSA McAL with 202,907 shares changing hands for a value of $13,625,148 and closed with a gain of 7 cents at $67.15 for a new 52 weeks’ high and Sagicor Financial traded 6,668 shares to close with a gain of 2 cents at $6.25.
Declines| The stocks declining at the end of trading are, One Caribbean Media lost 3 cents to close at $22.42 with 575 shares and Republic Bank with 1,478 shares trading closed down a cent at $114.96 for a new 52 weeks’ low.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund with 26,400 shares valued at $595,320 traded to end at $22.55, Flavorite Foods with a volume of 122,903 shares being traded for $589,934 close at $4.80, First Citizens Bank traded 3,004 shares and closed at $35.81. Grace Kennedy with 1,500 shares changing hands, closed at $3.53, Massy Holdings traded 10,230 shares, valued at $658,300, to close at $64.35, Praetorian Property Mutual Fund remained at $3.10 after trading 2,000 shares, Point Lisas had 2,416 units changing hands at $3.81and Prestige Holdings contributed 10,886 shares to end at $9.90.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator shows 2 stocks with the bid higher than their last selling prices and 2 with offers that were lower.

Filed Under: Stock Market, TTSE Market Tagged With: Ansa Mcal, clico, Daily Trading, First Citizens, Flavorite Foods, Grace Kennedy, Massy Holdings, Point Lisas, Praetorian Property Mutual Fund, Prestige Holdings, Republic Bank, Sagicor, Scotia, TTSE

JSE main market slips

June 11, 2015 by IC Insider.com

The Jamaica Stock Exchange, ended with 13 stocks advancing, 10 declining as 30 securities changed hands, ending in 3,850,561 units trading, valued at $23,389,820. Trading closed with 7 stocks ending at new 52 weeks’ highs and 1 ending a new low, in all market segments.
The JSE Market Index lost 556.70 points to 97,333.36, the JSE All Jamaican Composite index fell 622.25 points to close at and the 107,731.47 JSE combined index dropped 542.27 points to end at 100,220.42.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows only 3 stocks with bids higher than their last selling prices and 6 with offers that were lower, an indication of the markets softening in the short term. The junior market that recorded 3 gains to 2 declines showed weakness at the end with 3 stocks closing with lower offers than the last sale and only 1 with the bid that was higher.
Stocks trading include, Barita Investments trading 24,000 shares at $2.65 for an increase of 14 cents, Cable & Wireless with 290,187 shares changing hands closing at 44 cents, Gleaner trading 500,000 shares gained 7 cents to close at $1.07, Hardware & Lumber closed with 5,950 shares trading to end at $19. Investors pushed Jamaica Stock Exchange 50 cents to close at $6.50 with 78,000 units changing hands, in continued favourable response to the company’s increased first quarter profit and the payment of a 53 cents dividend. Jamaica Producers had 7,450 units trading 10 cents lower at $18.55, JMMB Group saw 13,200 shares trading, to close 4 cents down at $7.22, down 24 cents, Mayberry Investments traded 623,497 stock units and lost 19 cents to end at $2.88, at the close there was a bid by Mayberry to buy 1,198,980 units at $2.88. National Commercial Bank had 315,733 shares trading with a gain of 10 cents to close at $29.50, Radio Jamaica traded 12,265 units at a new 52 weeks’ high of $3.01 by adding 1 cent, Sagicor Group trading at the close at a new 52 weeks’ high of $12.40 after putting on 10 cents with 113,740 shares changing hands. Scotia Group dropped 90 cents with only 5824 shares trading, to close at $23.50, Scotia Investments traded 7,000 stock units, to end at $26.28. Proven Investments traded 236,105 ordinary stock units at 21.05US cents, Jamaica Money Market Brokers 7.50% preference share trading 500,850 units at $2 while losing 3 cents.

Filed Under: JSE Main Market, Stock Market Tagged With: Barita Investments, C&WJ, Daily Trading, Gleaner, H&L, Jamaica Producers, Jamaica Stock Exchange, JMMB, JSE Company, Mayberry, NCB, Proven, Sagicor, Scotia, Trading Activity

Record highs for junior stocks

June 11, 2015 by IC Insider.com

Lasco Financial closed at a new all-time high of $2.06.

Trading picked up on the Junior Market with 7 securities trading, and ended with 874,808 units changing hands valued at $2,003,620. The JSE Junior Market Index lost 1.92 points to close at 932.77, with the prices of 3 stocks advancing, 2 declining, 3 closing at 52 weeks’ high and one at a low. Paramount Trading hit a new high of $6.10 during trading but closed back at Wednesday’s last traded price of $5.50.
At the close of the market, there was 1 stock with the bid higher than the last selling price and 3 with lower offers. The junior market ended with 4 securities closing with no bids to buy and 7 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Caribbean Cream traded with 100,000 units changing hands, 10 cents higher, at $1.75 for a new all-time high. KLE Group with 15,000 shares trading closed 5 cents lower at new low of 70 cents,

Lasco Distributors with 131,195 shares trading, lost 5 cents in closing at $1.05, Lasco Financial Services finished trading with 350,600 units, closed with a gain of 8 cents to new a new 52 weeks’ high of $2.06, making it the first of the three Lasco companies to break the $2 barrier although it was the last of the three to really shot up. Lasco Manufacturing end with 73,470 shares trading at $1.50, Medical Disposables traded 95,000 shares to end at a new 52 weeks’ high of $2.10 after adding 10 cents and Paramount Trading ended trading with 109,543 shares to end at $5.50, after trading as high as $6.10. At the close, Access Financial seems set to fall with an offer at $15.54 to sell 15,000 units well below the last traded price of $16.75.

Filed Under: JSE Junior Market, Stock Market Tagged With: Daily Trading, Lasco, Lasco Distributors, Lasco Financial Services, Lasco Manufacturing, Medical Disposables, Paramount Trading, Trading Activity

Ansa McAl closes at new high

June 11, 2015 by IC Insider.com

Ansa closed at a 52 weeks’ high on Thursday

Trading on the Trinidad Stock Exchange closed with 13 securities changing hands of which 4 advanced, 2 declined and 7 traded firm with a total of 538,113 units, valued at $4,094,256.
At the close of the market, the Composite Index rose 0.47 points to close at 1,162.20, the All T&T Index fell by just 0.01 points to close at 1,970.57 and the Cross Listed Index gained 0.13 points to end at 46.44.
Gains| Stocks increasing in price at the close are, Ansa McAl trading 2,660 shares valued at $178,433, closed at a 52 weeks’ high, with a gain of 1 cent at $67.08. One Caribbean Media with 935 shares changing hands, gained 3 cents, to close at $22.45, Sagicor Financial contributed 36,115 shares with a value of $225,108 and gained 19 cents, to close at $6.25 and West Indian Tobacco traded just 82 shares and closed 1 cent higher at $125.34.
Declines| The stocks declining at the end of trading are, Republic Bank fell 3 cents to close at $114.97 and Scotia Investments with 2,540 shares traded and closed down 2 cents to $1.45.

Firm Trades| Stocks closing with prices unchanged at the end of trading are, a total of 47,962 Clico Investment Fund shares changed hands, for a value of $1,042,643 and closed at $22.55, First Citizens Bank traded 2,110 shares to close at $35.81, Grace Kennedy with a volume of 100,000 shares trading for $353,000, ended at $3.53. Massy Holdings traded 18,436 shares valued at $1,186,356 to close at $64.35, National Commercial Bank was the volume leader with 303,396 shares changing hands for a value of $546,113 to end at $1.80, National Flour Mills added 20,298 shares to close at $2 and Praetorian Property Mutual Fund closed with 2,000 units trading to close at $3.10.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator shows 1 stock with the bid higher than the last selling price and 2 stocks with offers that were lower.

Filed Under: Stock Market, TTSE Market Tagged With: Ansa Mcal, clico, Daily Trading, First Citizens, Grace Kennedy, Massy Holdings, National Flour Mills, NCB, One Caribbean Media, Praetorian Property Mutual Fund, Republic Bank, Sagicor, Scotia Investments, TTSE, West Indian Tobacco

4 new highs for junior market

June 10, 2015 by IC Insider.com

Paramount is one of fours stocks to close at 52 weeks’ high. The stock closed at $5.50 on Wednesday for an all-time high.

Trading picked up on the Junior Market with 9 securities trading, and ended with 940,177 units changing hands valued at $2,275,177. The JSE Junior Market Index gained 7.97 points to close at 934.69, with the price of 6 stocks advancing, none declining and 4 closing at 52 weeks’ high, Honey Bun traded at 52 weeks intraday high of $2.96.
At the close of the market, there were 2 stocks with bids higher than their last selling prices and 5 with lower offers. The junior market ended with 4 securities closing with no bids to buy and 9 securities that had no stocks being offered for sale.
Stocks trading in the junior market are, Caribbean Cream traded at a 52 weeks’ high with 10,000 units, 10 cents higher, at $1.65. Caribbean Producers with 330,543 shares trading closed at $3, Dolphin Cove with 2,092 shares changing hands to close higher by 25 cents at a new high of $11.25, Honey bun finishing trading with 83,634 shares to close unchanged at $2.95.

Jamaican Teas closed with 4,041 shares trading 4 cents higher at $3.54, Lasco Distributors with 21,867 shares trading, unchanged at $1.65, Lasco Financial Services finished trading with 352,000 units, to close with a gain of 3 cents to new a new 52 weeks’ high of $1.98. Lasco Manufacturing end up with 124,000 shares trading 5 cents higher at $1.50 and Paramount Trading ended trading with 12,000 shares to end with an increase of 70 cents to an all-time high of $5.50. At the close Access Financial seems set to fall with an offer at $15.84 to sell 5,951 units well below the last traded price of $16.75.