Scotiabank gained 50 cents at the close of trading on Monday, along with 55 cents it gained on Friday, as the price continues to recover from the low of $57.98 reached a few weeks ago, but Citizens Bank also gained following profit results showing a slight improvement in 2014 compared with 2013.
Trading on the Trinidad Stock Exchange closed with 13 securities changing hands of which 3 advanced, 4 declined and 6 traded firm, with a total of 410,233 units, valued at $4,060,315 being active. At the end, the Composite Index rose 1.11 points to close at 1,142.76, the All T&T Index rose 3.25 points to close at 1,976.92 and the Cross Listed Index fell 0.13 points to end at 40.39.
Gains| Stocks increasing in price at the close are, Clico Investment Fund gained 4 cents with 61,588 shares traded, valued at $1,417,428, to close at $23.05, a new 52 weeks’ high. First Citizens Bank traded 15,973 shares valued at $591,047, ending with a gain of 13 cents at $37 and Scotiabank gained 50 cents to end at $60.50 while trading 6,794 units, valued at $410,901.
Declines| The stocks declining at the end of trading are, Jamaica Money Market Brokers had 214,275 shares changing hands but fell 3 cents to 41 cents, One Caribbean Media traded 5,152 units at $25.09 but lost a cent. Republic Bank had 5,000 shares changing hands for a value of $598,950 and closed with a decline of 1 cent to end at $119.79 and Trinidad Cement lost 5 cents to close at $2.50 in trading 10,780 shares.
Firm Trades| Stocks closing with prices unchanged at the end of trading are Flavorite Foods had 50 shares trading at $4.80, Guardian Holdings with 42,132 shares traded for $558,721, gained 1 cents to $13.25, Massy Holdings traded 1,840 shares, to close at $68.24. National Enterprises traded just 17 units to end at $17.50, Sagicor Financial Corporation traded 10,000 shares and ended at $6 and Scotia Investments contributed 36,632 shares at $1.45.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.
Scotiabank at it again on Monday
Sharp swings in flat week on JSE
JSE main market moving away from resistance level.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had 6 stocks with bids higher than their last selling prices and 2 stocks with offers that were lower.
Main Market| The JSE Market Index gained 275.43 points to 75,312.14, the JSE All Jamaican Composite index rose 307.97 points to close at 82,920.75 and the JSE combined index gained 266.89 points to close at 77,063.23.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Cable & Wireless saw trading in 100,000 units and put on 4 cents 50 cents, Desnoes & Geddes finished trading with 164,808 shares rising 5 cents to $4.70, Grace Kennedy closed with 188,553 shares as the price ended 49 cents higher at $61. Jamaica Producers finished trading with 328,071 shares as the price jumped 50 cents to $17.50. National Commercial Bank contributed 82,248 units and put on 10 cents to $18.50, Sagicor Group completed trading with 84,550 shares with the price rising 4 cents to $10, Scotia Group ended trading with 28,990 shares changing hands to close 1 cent at $20.01 and Seprod ended trading with 48,727 shares to end with an increase of 24 cents to $12.25.
Firm| The stock in the main market to close without a change in the last traded price is, Kingston Wharves which ended trading with 34,333 shares changing hands to close at $6.Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Carreras closing with 213,281 units trading as the price slipped 5 cents to $36.15 and Mayberry Investments finished with 4,540 shares trading lower by 4 cents $1.45.
Preference| There was no activity in preference shares.
US dollar buying nets US$12M on Friday
The Jamaican dollar lost value against all three major currencies, on Friday in spite of more foreign exchange being bought by dealers than the amount they sold.
Authorized dealers purchased a net equivalent of US$3.6 million for all currencies, but that disguises what took place on the day, as a net selling of the British pound primarily by National Commercial Bank (NCB) with a net sale of £4.6 million overshadows the net buying of US$12 million by dealers, mainly by Scotia Bank with a net of US$4.5 million, NCB net of US$3 million, Sagicor net of US$2 million.
Overall there was buying of the equivalent of US$60,517,416 versus US$32,509,858 on Thursday, and selling of the equivalent of US$56,937,674 compared to US$26,135,874 on Thursday. In US dollar trading, dealers bought US$56,245,001 compared to US$25,759,759 on Thursday. The buying rate for the US dollar rose 39 cents to $113.76 and US$44,323,676 was sold versus US$22,639,166 on Thursday. The selling rate rose 5 cents to $114.12. The Canadian dollar buying rate fell 37 cents to $98.25 with dealers buying C$2,597,398 and selling C$3,597,398, at an average selling rate that gained 65 cents, to $99.90. The rate for buying the British Pound climbed 17 cents to $176.53, for the purchase of £1,176,395, while £5,626,341 was sold, the rate rose 86 cents to $179.73. At the end of trading it took J$141.24 to purchase the Euro, 35 cents less than on Thursday, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$138.28, a fall of 40 cents. Other currencies bought, amounted to the equivalent of US$203,636 while the equivalent of US$604,170, was sold.
Highs & Lows| The highest buying rate for the US dollar, closed 20 cents higher at $114.55, the lowest buying and the highest selling rates were unchanged at $93.52 and $119.84 respectively and the lowest selling rate fell $16.14 to $95.36. The highest buying rate for the Canadian dollar climbed 25 cents to end at $99.70. The lowest buying rate closed 17 cents higher, at $79.02. The highest selling rate fell 28 cents to $101.91 and the lowest selling rate moved up 20 cents to $95.20. The highest buying rate for the British Pound, gained 55 cents to $179.85. The lowest buying rate closed with 37 cents gain at $143.96 and highest selling rate dropped $2.33 to $182.78, the lowest selling rate rose 45 cents to $173.45.
Kingston Properties’ bid $5.85 was $6.80 earlier
The market fell sharply on Thursday but the movement does not tell the true story of some of the positive developments taking place. At the close of trading, Kingston Properties was in strong demand with bids in to buy as high as $5.85, as well as a bid to buy 1 million units at $5.20.
Earlier in the week, the stock had a bid of $6.80 to purchase 200,000 and another of 1,000,000 shares at $6. IC Insider understands that there is interest to buy as high at $7. The net asset value of the stock is just over $12, well ahead of the last price of $4, the stock traded. There have been no stocks on offer for some time. The company reported earnings per share of 7 cents for the nine months to September but comprehensive income which includes foreign exchange gains on translation of the overseas subsidiary, brings the earnings to 70 cents. The company announced in June this year a program to buy back some shares.
Thursday’s activity on the Jamaica Stock Exchange fell below normal, with only 15 securities changing hands. Price movements were mostly negative with the prices of only 2 stocks rising and 8 declining. The total of all active stocks ended in 1,548,128 units trading, valued at $14,446,018, in all market segments.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator is showing a slight bias to the upside with 4 stocks having bids higher than their last selling prices and 2 stocks with offers that were lower.
Main Market| The JSE Market Index dropped 987.64 points to 75,036.71, the JSE All Jamaican Composite index fell 1,104.33 points to close at 82,612.78 and the JSE combined index gained declined by 983.77points to close at 76,796.34.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Carreras finishing with 9,761 shares changing hands at 4 cents higher to $36.20 and Proven Investments closed at 19 US cents by gaining 0.05 cents while trading 300,000 units.
Firm| The stocks in the main market to close without a change in the last traded prices are, Mayberry Investments ended with 15,940 shares trading at $1.49 and Sagicor Group completed trading with 57,353 shares changing hands to close at $9.96.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Caribbean Cement closed with 3,711 units trading as the price slipped 1 cent to $2.40, Desnoes & Geddes finished trading 102,207 shares trading 1 cent lower to $4.65, Jamaica Broilers ended with 169,738 shares while losing 1 cent to $4.05, National Commercial Bank concluded trading with 11,070 units and closed 10 cents lower at $18.40 and Scotia Group closed with 106,732 units as the price slipped 50 cents to $20.
Preference| Jamaica Money Market Brokers 8.75% preference share finished with 143,500 units changing hands to close unchanged at $3.
$7.37M traded on TTSE
Trading on the Trinidad Stock Exchange ended with 11 securities changing hands of which 3 advanced, 2 declined and 6 traded firm with a total of 270,670 units, valued at $7,370,222.
At the close of the market, the Composite Index lost 0.14 points to close at 1,144.66, the All T&T Index fell by 0.28 points to close at 1,971.43 and the Cross Listed Index remained at 41.63.
Gains| Stocks increasing in price at the close are, Clico Investment Fund traded 895 shares and advanced by 1 cent to end at $23.01, while First Citizens Bank added 1,944 shares valued at $71,655 to close at $36.86 up by 2 cents and Scotiabank gained 5 cents while trading 110 share to close at $59.45
Declines| The stocks declining at the end of trading are, National Enterprises contributed 5,740 shares with a value of $99,991 but closed down a cent at $17.42, a new 52 weeks’ low, followed by Republic Bank with a volume of 53,680 shares traded valued at $6,430,864 and lost 14 cents to end at $119.80.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, ANSA Mcal ended at $66.37 with 300 shares changing hands, Massy Holdings closed at $68.24 with 232 shares traded, National Commercial Bank with 1,000 shares closed at $1.11. National Flour Mills with 155,277 shares changing hands for a value of $170,805 ended at $1.10, Sagicor Financial Corporation 6.5% preference shares traded 50,000 units at US$1.10 and West Indian Tobacco traded 1,492 units to close at $121.26.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.
Scotiabank heading higher on TTSE
At the end of trading on the Trinidad Stock Exchange, Scotiabank traded over 40,000 shares but left unsatisfied orders to buy 129,576 units at $59.45, with no stock on offer, a sure sign of higher prices down the road. The overall market shows signs of rising prices ahead, for a number of the listings on the market.
At the market closed with 13 securities changing hands of which 2 advanced, 3 declined and 8 traded firm, for a total of 1,431,779 units, valued at $5,790,544.
At the close of the market, the Composite Index rose 0.02 points to close at 1,144.80, the All T&T Index inched up by just 0.06 points to close at 1,971.71 and the Cross Listed Index remained at 41.63.
Gains| Stocks increasing in price at the close are, Massy Holdings in trading 1,915 shares, closed at $68.24, down a cent. Sagicor Financial Corporation contributed 56,133 shares with a value of $336,798 to gain 5 cents and end at $6 and Scotiabank traded 40,908 shares, valued at $2,431,162 to close with a gain of 1 cent at $59.43, the stock closed with a higher bid than the last selling price.
Declines| The stocks declining at the end of trading are, Jamaica Money Market Brokers with 470,000 shares traded for $206,800, lost 1 cent to end at 44 cents and National Flour Mills fell 2 cents to close at $1.10 with 2,129 units changing hands.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund with 18,685 units valued at $429,790 changing hands but remained at $23, First Citizens Bank traded 1,700 shares at $36.81. Guardian Holdings added 54,540 shares valued at $722,655 to end at $13.25, National Commercial Bank closed with 715,652 shares changing hands for a value of $794,373 at $1.11. National Enterprises with 2,291 shares trading closed at $17.43, Sagicor Financial Corporation 6.5% preference share had trading in 50,000 shares with a value of US$55,000 at $6 each and West Indian Tobacco traded 1,826 shares valued at $221,421 to close at $121.26.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 7 stocks with the bid higher than their last selling prices and 1 stock with the a lower offer.
Lasco Manufacturing dominates
Lasco’s bottling line
At the close of the market, there were just 1 stock with the bid higher than the last selling price and none with the offers that was lower. Sentiments in the junior market seems to be on the mend with 6 securities closing with no bids to buy compared to as many as 11 a few weeks ago. There were 6 securities that had no stocks being offered for sale.
Lasco Manufacturing finished trading with 3,140,579 changing hands to end at $1, up by 2 cents, Lasco Distributors ended with 425,670 trading to end at $1.45 while gaining 1 cent, Blue Power Group ended with 950 units trading 11 cents higher at $6.16, General Accident Insurance closed trading with 11,332 shares and gained 16 cents at $1.75. Игроки могут войти прямо с нашего сайта, ссылка ведет на официальный ресурс и активное рабочее mostbet Выигрыш же можно оформить только при полностью заполненном профиле.
Caribbean Producers closed with 104,408 shares and ended at $2.20, Dolphin Cove ended with 6,000 to close at $8.50, Buying came into the market for Medical Disposables that finished with 198,776 units changing hands to end at $1.70, at the close there was a bid to buy 370,224 units, at $1.70.
Main market closed higher on Monday
Monday’s activity on the Jamaica Stock Exchange, resulted in the prices of 6 stocks rising and 6 declining as 21 securities changed hands, ending in 1,220,997 units trading, valued at $7,880,967, in all market segments.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had 5 stocks with bids higher than their last selling prices and 5 stocks with offers that were lower.
Main Market| The JSE Market Index gained 157.42 points to 75,524.34, the JSE All Jamaican Composite index rose 176.02 points to close at 83,158.02 and the JSE combined index gained 124.88 points to close at 77,276.96.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Cable & Wireless concluding trading with 469,204 shares, the price rose 1 cent to 45 cents. Desnoes & Geddes ended trading with 15,531 units and put on 1 cent to $4.70, Mayberry Investments finished with 7,140 shares while rising 2 cents to $1.52 and Sagicor Group ended with 1,494 units and put on 1 cent to $9.95.
Firm| The stocks in the main market to close without a change in the last traded prices are, Carreras with 18,918 shares changing hands to close at $37, Grace Kennedy finished with 25,000 shares trading at $62. Kingston Wharves ended trading with 3,000 shares at $6, National Commercial Bank saw trading in 190,112 shares at $18.20, Sagicor Real Estate Fund concluded trading with 49,750 shares changing hands to close at $7.25.
Declines| The last traded prices of stocks with losses, at the end of trading in the main market are, Jamaica Broilers closed with 140,520 shares trading lower by 5 cents, at $4, Jamaica Money Market Brokers finished with 7,528 shares, with a loss of 6 cents to close at $7. Scotia Group ended trading with 9,000 units as the price slipped 10 cents to $20.40 and Scotia Investments completed trading with 3,036 shares trading lower by 5 cents to $22.50.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 103,000 units to close at $3.
Stocks mostly up on TTSE
TCL climbed back to $2.60 at the close on Monday.
At the close of the market, the Composite Index gained 1.90 points to close at 1,144.80, the All T&T Index rose by just 0.69 points to close at 1,971.69 and the Cross Listed Index increased by 0.41 points to end at 41.63.
Gains| Stocks increasing in price at the close are, Angostura Holdings in trading 1,000 shares, closed with a gain of 1 cent at $12.78, First Citizens Bank traded 3,324 shares to close 3 cents higher at $36.80, National Commercial Bank traded 300,170 units with a value of $334,667 to close at $1.11, up by 6 cents. Praetorian Property Mutual Fund traded 6,575 units to close at $3.50 after gaining 10 cents, Scotiabank contributed only 43 shares as the price closed up 7 cents to $59.40 and Trinidad Cement with 182,745 shares valued at $475,137 closed at $2.60 after gaining 9 cents.
Declines| The stocks declining at the end of trading are, Ansa Merchant Bank with 32 shares, declined by 1 cent to close at $38.42, Clico Investment Fund with shares 49,397 shares valued at $1,136,169 lost 1 cent to end at $23 and Republic Bank with 400 shares traded at $119.94 and lost 2 cents.Firm Trades| Stocks closing with prices unchanged at the end of trading are, Flavorite Foods with 35 shares changing hands to end at $4.80, followed by Guardian Holdings with 17,666 shares valued at $234,075 to end at $13.25. Sagicor Financial Corporation traded 20,367 shares valued at $121,184 to close at $5.95, Scotia Investments contributed 11,368 shares at $1.45 and West Indian Tobacco traded 110 units to close at $121.26.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than their last selling prices and 1 stock with the offer that was lower.
J$ slips vs US$ gains on others – Friday
The Jamaican dollar lost value against the US dollar, but gained on the British pound and the Canadian dollar, on Friday. Authorized dealers purchased the equivalent of US$32,044,623 versus US$27,640,306 on Thursday, and sold the equivalent of US$24,934,600 compared with US$27,319,898 on Thursday.
In US dollar trading, dealers bought US$27,699,155 compared to US$23,030,965 on Thursday. The buying rate for the US dollar gained 6 cents to $113.22 and US$22,601,816 was sold versus US$24,202,008 on Thursday. The selling rate rose 3 cents t0 $113.79. The Canadian dollar buying rate fell 22 cents to $97.48 with dealers buying C$1,218,718 and selling C$582,108, at an average selling rate that erased 23 cents, to $99.55. The rate for buying the British Pound fell 34 cents to $176.22, for the purchase of £1,567,360, while £648,933 was sold, the rate lost 42 cents to $177.72. Other currencies bought, amounted to the equivalent of US$856,800 while the equivalent of US$810,034, was sold.
Highs & Lows| The highest buying rate for the US dollar, closed at $114, unchanged at the end of trading, the lowest buying rate rose 17 cents to $93.52, the highest selling rate rose 21 cents $119.84, but the lowest selling rate was unchanged at $93.52. The highest buying rate for the Canadian dollar climbed 65 cents to end at $100.50. The lowest buying rate closed 17 cents higher, at $79.93. The highest selling rate climbed 89 cents to $103.04 and the lowest selling rate climbed 5 cents to $96.30. The highest buying rate for the British Pound, lost 50 cents to $178.50. The lowest buying rate slipped 29 cents to $143.67, the highest selling rate gained 18 cents to $181.98 and the lowest selling rate increased $1.45 to $173.10.
