Trading on the Trinidad Stock Exchange ended the week with 11 securities changing hands of which 4 advanced, none declined and 7 traded firm with a total of 30,771 units, valued at $556,267.
At the close of the market, the Composite Index rose 0.47 points to close at 1,142.90, the All T&T Index rose 0.42 points to close at 1,971.00 and the Cross Listed Index increased by 0.07 points to end at 41.22.
Gains| Stocks increasing in price at the close are, Clico Investment Fund with of 4,159 shares valued at $95,699 advanced by 1 cents to end at $23.01, a new 52 weeks’ high. Guardian Media contributed 4,257 shares with a value of $84,161 to end at $19.77, up by 2 cents, for a 52 weeks’ high, while National Commercial Bank added 2,500 shares and closed at $1.05 up 1 cent and Scotiabank gained 11 cents to end the day at $59.33 with 200 shares traded.
Declines| There were no declining stocks at the close of trading.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Firstcaribbean International Bank with 1,500 shares ended trading at $5, First Citizens Bank ended trading with 7,864 shares changing hands, for a value of $289,159 at $36.77, Grace Kennedy traded 1,513 shares to close at $3.75. Guardian Holdings traded 1,268 units at $13.25, Massy Holdings traded 10 shares at $68.25, Sagicor Financial Corporation with a volume of 7,000 shares traded closed at $5.95 and L.J. Williams B shares traded 500 units at 90 cents.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.
No stock fell on TTSE but 4 rose
13 stocks gained Friday on JSE
Gleaner’s stock is poised to drop with the offer priced below the last selling price.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had 4 stocks with bids higher than their last selling prices and 6 stocks with offers that were lower. Included in the list of stocks closing with lower bids than the last selling price is the Gleaner Company with an offer to sell 47,850 shares at 95 cents, compared with the last traded price of 99 cents.
There were no bids to buy at the end of trading as the stock seems set to trade at a new 52 weeks’ low when it next trades.Main Market| The JSE Market Index gained 597.83 points to 75,366.92, the JSE All Jamaican Composite index rose 668.46 points to close at 82,982.00 and the JSE combined index gained 576.45 points to close at 77,152.08.
J$ slips against all on Thursday
The Jamaican dollar lost value against the US dollar, the British pound and the Canadian dollar, on Thursday. Authorized dealers purchased the equivalent of US$27,640,306 versus US$31,872,356 on Wednesday, and sold the equivalent of US$27,319,898 compared with US$33,727,145 on Wednesday.
The volume bought by dealers on Thursday, is slightly less than for the similar day in December last year, by with US$2.4 million but sales were $2.7 million higher in 2013 than this Thursday. For the week to Thursday purchases were more than in 2013 and sales much less than in 2013.
In US dollar trading, dealers bought US$23,030,965 compared to US$26,146,822 on Wednesday. The buying rate for the US dollar fell 2 cents to $113.16 and US$24,202,008 was sold versus US$30,605,638 on Wednesday. The selling rate rose 7 cents at $113.76 The Canadian dollar buying rate rose 7 cents to $97.70 with dealers buying C$1,260,355 and selling C$783,450, at an average selling rate that increased 77 cents, to $99.78. The rate for buying the British Pound fell 24 cents to $176.56, for the purchase of £1,944,876, while £1,207,615 was sold, the rate rose 10 cents to $178.14. Other currencies bought, amounted to the equivalent of US$486,539 while the equivalent of US$539,650, was sold.
Highs & Lows| The highest buying rate for the US dollar, closed 7 cents higher at $114, the lowest buying and the highest selling rates were unchanged at $93.35 and $119.63 respectively, but the lowest selling rate rose 42 cents to $93.52. The highest buying rate for the Canadian dollar fell 40 cents to end at $99.85. The lowest buying rate closed unchanged at $79.76. The highest selling rate dived 68 cents to $102.15 and the lowest selling rate climbed $1.95 to $96.25. The highest buying rate for the British Pound, gained 20 cents to $179. The lowest buying rate is up 49 cents to $143.96, the highest selling rate eased $3.15 to $181.80 and the lowest selling rate fell $1.20 to $171.65.
JSE main market marching slowly up
Grace stock gained $1 to end at $62.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had 9 stocks with bids higher than their last selling prices and 5 stocks with offers that were lower as demand increases to buy stocks ahead of the year end close.
Main Market| The JSE Market Index gained 419.22 points to 74,769.09, the JSE All Jamaican Composite index rose 468.75 points to close at 82,313.54 and the JSE combined index gained 394.17 points to close at 76,575.63.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Grace Kennedy completed trading with 10,952 shares changing hands, with a gain of $1 to $62, National Commercial Bank saw trading in 17,306 units with a gain of 16 cents to $18.16. Sagicor Group finished trading with 337,678 shares with the price rising 2 cents to $9.90, Scotia Group ended trading with 24,212 units, the price put on 46 cents to $20.01 and Scotia Investments concluded trading with 25,000 shares changing hands with a gain of 5 cents to $22.55.
Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless ended with 34,400 units and closed at 45 cents, Jamaica Broilers exchanged 41,577 shares at $4 each, Kingston Wharves concluded trading with 9,700 shares changing hands to close at $6. Proven Investments had 525 shares changing hands to close at 18.5 US cents, Radio Jamaica contributed 4,758 shares to close at $1.18 and Supreme Ventures ended trading with 8,300 shares at $1.90.Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Carreras ending with 11,848 units, as the price slipped 1 cent to $36.99, Gleaner closing at a new 52 weeks’ low while trading 20,000 shares at 99 cents, by slipping by 1 cent and Jamaica Money Market Brokers finished with 14,600 shares with a loss of 4 cents to $7.06.
Preference| Proven Investments 8% preference share traded 150 units at $5.50.
5 stocks rose 3 fell on TTSE
Trading on the Trinidad Stock Exchange on Thursday, closed with14 securities changing hands of which 5 advanced, 3 declined and 6 traded firm. Overall activity ended with total of 203,577 units, valued at $1,286,479 traded.
At the close, the Composite Index slipped 0.16 points to close at 1,142.43, the All T&T Index rose by 0.21 points to close at 1,970.58 and the Cross Listed Index fell 0.07 to end at 41.15.
Gains Stocks closing with gains at the last traded prices are, Angostura Holdings ended trading 4,025 shares, the price gained 1 cent to $12.77, ANSA McAL traded 1,941 shares to end at a cent higher, at $66.36. Ansa Merchant Bank gained 1 cent, to close at $$39.43 while trading 180 shares, National Flour Mills with 69,833 shares changing hands and closed with a 1 cent gain at $1.12 and Trinidad Cement ended at $2.51 after it traded at $2.54 to gain 17 cents at the close while trading 14,125 units.
Declining stocks Stocks closing with a loss at the last traded prices are, National Commercial Bank lost a cent to end at $1.04 while 50,000 shares were traded, National Enterprises in trading 472 shares closed with a 6 cents loss at $17.44 and Point Lisas Port Development with 225 shares while losing 25 cents to end at $3.75.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund traded 27,825 shares valued at $ $640,029, the price remained at $23. First Citizens Bank trading 1,105 shares to close at $36.77, Guardian Holdings with 845 shares changing hands and ended at $13.25 followed by Massy Holdings added 554 shares and ended at $68.25, Prestige Holdings contributed 275 shares to close at $9.56 and Sagicor Financial Corporation traded 32,172 shares value of $191,423 to end unchanged at $5.95
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bids higher than their last selling prices and 2 stocks with offers that were lower.
Market slips but 5 stocks rose 4 fell
Supreme Ventures stock rose nearly 6% to $1.90 on Wednesday
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator showed 5 stocks with bids higher than their last selling prices and 6 stocks with offers that were lower.
Main Market| The JSE Market Index lost 108.71 points to 74,349.87, the JSE All Jamaican Composite index fell 121.55 points to close at 81,844.79 and the JSE combined index gained declined by 180.61 points to close at 76,181.46
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Cable & Wireless that saw only 112,228 shares changing hands with a gain of 2 cents to 45 cents, Carreras in trading with 3,855 units with a gain of 11 cents to $37. Jamaica Producers concluded trading with 2,000 shares, the price rose 1 cent to $15.96, Scotia Group ended trading with 66,782 units and put on 5 cents to $19.55 and Supreme Ventures had 8,100 shares trading to end with an increase of 10 cents to $1.90.
Firm| The stocks in the main market to close without a change in the last traded prices are, Caribbean Cement with 4,592 shares for $2.40, Grace Kennedy concluded trading with 5,098 shares, changing hands to close at $61. Jamaica Broilers exchanged 10,970 shares at $4 each, Jamaica Money Market Brokers ended trading with 200 ordinary shares changing hands to close at $7.10. Jamaica Stock Exchange completed trading with 30,000 shares at $1.50, Kingston Wharves saw trading in 15,700 shares at $6, National Commercial Bank finished trading with 222,853 shares changing hands at $18 and Seprod concluded trading with 2,000 shares at $12.Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Sagicor Group finished with 114,849 shares with a loss of 2 cents to $9.88 and Sagicor Real Estate Fund finished trading with 4,270 units and fell 4 cents to $6.81.
Preference| Jamaica Money Market Brokers 8.50% preference share contributed 3,000 units at $3.50 and the Jamaica Money Market Brokers 8.75% preference share ended trading with 2,357,859 shares changing hands at $3.
2 new highs on TTSE
Scotiabank profit rose for 2015, helping to push demand for the stock which rose in Wednesdays trading.
Scotiabank which closed with a bid of $59.31, reported an 11 percent increase in their October quarter profit after tax, and a slight increase in the full year results. These results are helping to stimulate the price of the stock forward.
In overall trading on Wednesday, the Trinidad Stock Exchange closed with 9 securities changing hands of which 3 advanced, none declined and 6 traded firm, with a total of 297,972 units, valued at $6,289,262 be actively traded. At the close, the Composite Index rose 0.05 points to close at 1,142.59, the All T&T Index rose by 0.09 points to close at 1,970.37 and the Cross Listed Index remained at 41.22.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, First Citizens Bank trading 1,500 shares to close at $36.77, Guardian Holdings with 45,969 shares changing hands for a value of $609,134 and ended at $13.25 followed by Grace Kennedy with 16,120 shares at $3.75. Massy Holdings added 5,807 shares valued at $396,328 and ended at $68.25, Prestige Holdings contributed 6,880 shares to close at $9.56 and Trinidad Cement traded 1,000 shares at $2.35.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.
2 new 52 weeks’ highs & 2 lows on TTSE
Trading on the Trinidad Stock Exchange closed on Tuesday with 2 new 52 weeks, highs and 2 new lows as 15 securities changed hands of which 6 advanced, 5 declined and 4 traded firm, with a total of 145,030 units, valued at $2,055,749 being active.
At the close of the market, the Composite Index rose 0.25 points to close at 1,142.54, the All T&T Index rose 0.69 points to close at 1,970.28 and the Cross Listed Index fell by 0.02 points to end at 41.22.
Gains| Stocks increasing in price at the close are, ANSA Mcal with 1,330 units, gained 6 cents to end a $66.36, Clico Investment Fund traded 400 share, advanced by 3 cents to end at $22.75, a new 52 weeks’ high. Guardian Media $50.00 6% Cumulative Preference closed at $65.01 while 20 shares were traded to gain 1 cent, for a new 52 weeks high. National Enterprises gained 3 cents while trading 7,317 units to end at $17.50, Scotiabank had 868 units trading and increased 19 cents to end the day at $59.20 and Trinidad Cement increasing 4 cents to $2.34 while trading 5,520 shares.
Declines| The stocks declining at the end of trading are, Guardian Holdings with 48,950 shares changing hands, for a value of $648,588, fell 24 cents, to close at $13.25, Flavorite Foods traded 1,000 shares at $4.80, down 10 cents, for a new 52 weeks’ low. Grace Kennedy contributed 12,500 shares and lost 9 cents, to close at $3.75, National Commercial Bank with a volume of 48,400 shares and lost 2 cent to end at $1.05, after trading 10 shares and Sagicor Financial Corporation lost 2 cents to end at $5.95, in trading 1,728, for a new 52 weeks’ low.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, First Citizens Bank traded 3,587 at $36.77, while Massy Holdings added 12,400 shares valued at $846,300 to close at $68.25, One Caribbean Media ended with 1,000 units changing hands at $25.10, Prestige Holdings closed at $9.56.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator showed 6 stocks with the bid higher than their last selling prices and 1 stock with the offer that was lower.
Only 2 stocks trade on junior market
Trading in the Junior Market closed with very little activity on the second trading day of December. Trading ended with only 22,000 units valued at $27,980. The JSE Junior Market Index fell 5.44 points to close at 679.42, only 2 securities traded, with the price of 2 declining.
At the close of the market, there were 3 stocks with bids higher than their last selling prices and 3 stocks with offers that were lower. The junior market weakness continues with 8 securities closing with no bids to buy. There were 4 securities that had no stocks being offered for sale.
The two stock to trade are, Caribbean Cream closed with 5,000 shares trading lower by 1 cent at 70 cents and Lasco Distributors finished trading with 17,000 units and fell 6 cents to $1.44.
Pan Jam jumps $3.30 to year’s high on JSE
Pan Jamaican Investments Trust jumped $3.30 to a new 52 weeks’ high, on Tuesday, trading in the stock accounted for $34.2 million of the day’s activity. Activity on the Jamaica Stock Exchange, resulted in the prices of 4 stocks rising and 7 declining as 18 securities changed hands, ending in 2,127,873 units trading, valued at $41,812,058, 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 7 stocks with bids higher than their last selling prices and 7 stocks with offers that were lower.
Main Market| The JSE Market Index lost 93.54 points to 74,458.58, the JSE All Jamaican Composite index fell 104.59 points to close at 81,966.34 and the JSE combined index declined by 138.77 points to close at 76,362.07.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Desnoes & Geddes completed trading with 1,000,000 shares changing hands, with a gain of 3 cents to $4.60. Jamaica Money Market Brokers saw trading in 2,300 ordinary shares and gained 5 cents to $7.10, Pan Jamaican Investment finished trading with 618,400 shares, the price rose $3.30 cent to $55 and Proven Investments concluded trading with 7,308 units and put on 1.20 cents to 18.5 US cents.
Firm| The stocks in the main market to close without a change in the last traded prices are, Carreras ending trading with 920 shares changing hands to close at $36.89, Jamaica Broilers exchanged 4,660 shares trading at $4. Jamaica Stock Exchange ended trading with 6,942 shares changing hands, at $1.50, Mayberry Investments contributed 8,159 shares at $1.50 and Radio Jamaica traded 8,882 shares at $1.18.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Cable & Wireless ended with 48,985 units as the price slipped 2 cents to 43 cents, Jamaica Producers finished with 5,000 shares with a loss of 5 cents to $15.95, National Commercial Bank ended with 19,418 shares changing hands to close 11 cents down to $18, Sagicor Group ended trading with 36,298 shares for 10 cents less at $9.90 and Scotia Group ended with 53,411 shares changing hands to close lower by 50 cents at $19.50.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 282,190 shares changing hands to close at $3 Jamaica Money Market Brokers 7.50% preference share exchanged 3,000 units at $2.
