Daily Trading — Page 943

Grace trades 9.3m shares for $561M

November 24, 2014 by IC Insider.com

Grace stock traded 9.3m shares for $579M

Monday’s activity on the Jamaica Stock Exchange, resulted in the prices of 7 stocks rising and 4 declining, as 21 securities changed hands, ending in 10,641,210 units trading, valued at $578,991,647. Grace Kennedy accounted for $561,073,565 of the value traded, 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 6 stocks with bids higher than their last selling prices and 6 stocks with offers that were lower.
Main Market| The JSE Market Index lost 59.11 points to 74,562.05, the JSE All Jamaican Composite index fell 66.09 points to close at 82,082.04 and the JSE combined index declined by 30.14 points to close at 76,473.77.
Gains| Stocks gaining at their last traded prices, at the end of trading in the main market are, Caribbean Cement concluded trading with 4,375 shares, 14 cents higher, to $2.40, Carreras finished trading with 2,073 shares changing hands, with a $1 gain at $37. National Commercial Bank closed with 748,862 shares while gaining 25 cents to $19.25, Sagicor Group finished with 48,850 units to close with a gain of 8 cents at $9.99 and Sagicor Real Estate Fund saw trading in 117,463 units to close with a gain of 15 cents to $6.85.
Firm| The stocks in the main market to close without a change in the last traded prices are, Desnoes & Geddes with 4,611 shares changing hands, to close at $4.85, Jamaica Money Market Brokers ended trading with 6,000 ordinary shares at $7. Kingston Wharves closing trading with 21,297 shares at $6, Proven Investments had 57,114 shares changing hands, at 17.30 US cents and Radio Jamaica concluded trading with 9,000 shares changing hands to close 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 39,733 units, the price slipped 2 cents to 43 cents, Grace Kennedy closed with 9,349,668 shares trading 59 cents lower at $60.01, Palace Amusement finished with only 100 shares with a loss of $11 to $66 and Scotia Group finished trading with 34,750 units to fall 50 cents to $19.50.
Preference| Jamaica Money Market Brokers 7.50% preference share traded 4,000 units at $2.

Filed Under: JSE Main Market, Stock Market Tagged With: Caribbean Cement, Carreras, D&G, Daily Trading, Grace Kennedy, Jamaica Broilers, Jamaican Stock, JMMB, Kingston Wharves, NCB, Palace Amusement Company, Proven, Radio Jamaica, Sagicor, Scotia

T&TSE quietly looking better

November 24, 2014 by IC Insider.com

Trading on the Trinidad Stock Exchange on Monday, was moderate, with 11 securities changing hands, of which 3 advanced, 2 declined and 6 traded firm, with a total of 553,708 units, valued at $4,694,056.
At the close of the market, the Composite Index lost 0.89 points to close at 1,142.03, the All T&T Index rose 0.61 points to close at 1,965.80 and the Cross Listed Index declined by 0.32 points to end at 41.68.
Gains| Stocks increasing in price at the close are, National Enterprises traded 17,166 units valued at $299,890, gained 2 cents to end at $17.47, Scotiabank gained 10 cents, to end at $58.36 while 100 shares traded and Scotia Investments contributed 20,954 shares and ended 4 cents higher at $1.445
Declines| The stocks declining at the end of trading are, Massy Holdings traded 100 shares to close with a loss of 2 cents, at $68.45 and National Commercial Bank with 308,550 shares changing hands for a value of $339,832 to fall 5 cents to $1.10.
Firm Trades| Stocks closing with prices unchanged, at the end of trading are, Ansa Mcal with 500 shares traded, to close $66.18. Clico Investment Fund with 152,040 shares valued at $3,420,900, remained at $22.50, First Citizens Bank traded 3,745 shares valued $137,666 to close, at $36.76, while Guardian Holdings added 20,000 shares valued at $270,000 to end at $13.50. Jamaica Money Market Brokers with 5,373 shares changing hands at 45 cents and Sagicor Financial Corporation with a volume of 25,250 shares being traded for $151,500 to close at $6.
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 none with offers that were lower.

Filed Under: Stock Market, TTSE Market Tagged With: clico, Daily Trading, First Citizens, Grace Kennedy, Guardian Holdings, JMMB, Massy Holdings, National Enterprises, NCB, Sagicor, Scotia, TTSE

J$ loses against US & Canadian

November 21, 2014 by IC Insider.com

The Jamaican dollar lost value against the US and Canadian dollars, but made moderate gain versus the Pound, on Friday. Authorized dealers purchased the equivalent of US$39,675,612 versus US$24,125,862 on Thursday, and sold the equivalent of US$33,292,725 compared with US$22,806,454 on Thursday.
In US dollar trading, dealers bought US$35,055,562 compared to US$20,663,189 on Thursday. The buying rate for the US dollar climbed 17 cents to $112.98 and US$30,800,856 was sold versus US$20,336,084 on Thursday. The selling rate inched up 5 cents to end at $113.39. The Canadian dollar buying rate climbed 29 cents to $99.19 with dealers buying C$2,161,974 and selling C$1,751,164, at an average selling rate that rose 58 cents, to $100.42. The rate for buying the British Pound climbed 45 cents to $175.31, for the purchase of £1,502,657, while £392,826 was sold, at $177.41, down 5 cents. Other currencies bought, amounted to the equivalent of US$390,500, while the equivalent of US$326,350, was sold.
Highs & Lows| The highest buying rate for the US dollar, closed 5 cents higher at $113.57, the lowest buying rate remained at $92.85. The highest selling rate rose 32 cents to $119.30 but the lowest selling rate was unchanged $110.50. The highest buying rate for the Canadian dollar climbed 70 cents higher to $101, the lowest buying rate gained 29 cents to end at $79.80, the highest selling rate fell 3 cents to close at $102.90. The lowest selling rate climbed 35 cents to $96.15. The highest buying rate for the British Pound, dropped 30 cents to $177.80. The lowest buying rate rose 50 cents to $143.34, the highest selling rate moved up 64 cents to $184.79 and the lowest selling rate gained 60 cents to $172.70.

Filed Under: FX Market, Stock Market Tagged With: British Pound, C&WJ, Canadian dollar, Daily Trading, FX Market, Jamaica dollar, US Dollar

Witco jumps $1.96 as 9 stocks fell on TTSE

November 20, 2014 by IC Insider.com

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West Indian Tobacco closed $1.96 higher to a new 52 weeks high in trading on the Trinidad Stock Exchange, on a day when 16 securities changed hands of which 5 advanced, 9 declined and 2 traded firm, with a total of 997,076 units, valued at $6,925,563.
At the close of the market, the Composite Index rose 1.79 points to close at 1,142.53, the All T&T Index gained 3.42 points to close at 1,964.40 and the Cross Listed Index increased by a mere 0.02 points to end at 42.00.
Gains| Stocks increasing in price at the close are, Grace Kennedy contributed 78,458 shares with a value of $301,244, while gaining just 1 cent to $3.84, Republic Bank with 63 units at closed at $119.97 with a gain of 7 cents. Scotiabank gained 5 cents in trading 80 shares at $58.22, Trinidad Cement with 500 shares closed 2 cents higher, at $2.02 and West Indian Tobacco gained $1.96 to end the day at $121 while trading only 251 shares.
Declines| The stocks declining at the end of trading are, Ansa Merchant Bank traded 1,000 at $39.41 down by 1 cents and Massy Holdings fell 2 cents to close at $68.47.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund with 100,340 shares valued at $2,260,353 closed unchanged at $22.50, Firstcaribbean International with 515,650 shares changing hands for a value of $2,578,250 closed at $5, First Citizens Bank traded 2,663 shares at $36.75. Guardian Holdings traded 1,000 units at $13.50, followed by Jamaica Money Market Brokers with 249,259 shares valued at $112,166, to close at 45 cents, National Commercial Bank with 5,000 shares ended at $1.15, One Caribbean Media added 15,225 shares valued at $382,147, to close at $25.10, Prestige Holdings traded 4,000 units at $9.56 and Sagicor Financial Corporation traded 8,997 shares to close at $6.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than their last selling prices and none with offers that were lower.

Filed Under: Stock Market, TTSE Market Tagged With: Ansa Merchant Bank, clico, Daily Trading, First Citizens, Firstcaribbean International Bank, Grace Kennedy, Guardian Holdings, JMMB, Massy Holdings, NCB, One Caribbean Media, Prestige Holdings, Republic Bank, Sagicor, Scotia, Trinidad Cement, West Indian Tobacco

J$ gains loses value on Wednesday

November 19, 2014 by IC Insider.com

The Jamaican dollar lost value against all three major currencies it regularly trades with, on Wednesday. Authorized dealers purchased the equivalent of US$33,277,310 versus US$31,456,476 on Tuesday, and sold the equivalent of US$38,330,838 compared with US$34,496,767 on Tuesday.
In US dollar trading, dealers bought US$28,763,554 compared to US$27,663,380 on Tuesday. The buying rate for the US dollar climbed 2 cents to $112.72 and US$35,577,230 was sold versus US$31,954,441 on Tuesday. The selling rate inched up 9 cents to end at $113.32. The Canadian dollar buying rate fell $1.34 to $97.38 with dealers buying C$1,031,476 and selling C$1,168,977, at an average selling rate that was up 78 cents, to $100.39. The rate for buying the British Pound gained $1.40 to $175.86, for the purchase of £1,888,280, while £771,755 was sold, at $177.80, up $1.36. Other currencies bought, amounted to the equivalent of US$676,80, while the equivalent of US$507,080, was sold.
Highs & Lows| The highest buying rate for the US dollar, closed 4 cents higher at $113.49, the lowest buying rate was unchanged at $92.69. The highest selling rate was up 21 cents to $118.98 but the lowest selling rate rose $16.66 to $111. The highest buying rate for the Canadian dollar was unchanged at $100.20, and so was the lowest buying rate that ended at $79.85, the highest selling rate closed 21 cents higher at $102.93. The lowest selling rate rose 20 cents to $96.20. The highest buying rate for the British Pound, dipped $1.25 to $177.50. The lowest buying rate and the lowest selling rate remained unchanged at $142.26 and $171.40 respectively. The highest selling rate moved down $3.45 to $182.20.

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

NCB & Carreras dominant on JSE

November 19, 2014 by IC Insider.com

Trading on the Jamaica Stock Exchange, on Wednesday was extend by an hour, to close at 2 PM, instead of the usual 1 PM close, problem with the stock exchange computer system, prevented some brokers from logging on to the system during the regular hours, hence the extension.
At the conclusion of trading the prices of 8 stocks rising and 6 declining as 25 securities changed hands, ending in 6,166,523 units trading, valued at $52,443,460, in all market segments. Of the total amount traded Carreras and National Commercial Bank that reported improved results for the period to September this over 2013 had $26,045,350 and $18,446,572 being invested in their stocks respectively.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had 3 stocks with bids higher than their last selling prices and 5 stocks with offers that were lower.
Main Market| The JSE Market Index gained 475.78 points to 74,488.38, the JSE All Jamaican Composite index rose 531.99 points to close at 81,999.67 and the JSE combined index gained 506.05 by points to close at 76,389.41.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Cable & Wireless finished trading with 2,623,534 shares to close with an 8 cents gain to 50 Cents, Carreras concluded trading with 723,500 shares, and climbed $1 to $36, Desnoes & Geddes exchanged 29,700 shares to gain 5 cents at $4.90, Jamaica Broilers dealt in 34,809 shares as the price ended at 1 cents up to $4.01. Jamaica Money Market Brokers contributed 4,534 ordinary shares with the price moving 3 cents higher at $6.60 and National Commercial Bank finished trading with 969,173 shares, to end with an increase of 54 cents at $19.05.
Firm| The stocks in the main market to close without a change in the last traded prices are, Ciboney with 1,600 shares changing hands, closed at 7 cents, Hardware & Lumber concluded trading with 9,100 shares, at $6.50. Mayberry Investments finished trading with 258,123 shares changing hands at $1.50, Radio Jamaica with 6,005 shares changing hands, ended at $1.18 and Supreme Ventures ended trading, with only 1,900 shares, at $1.76.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Gleaner closing with 10,000 units, the price slipped 5 cents to a new l52 weeks’ low $1. Jamaica Stock Exchange finished with 10,000 shares trading, 29 cents lower to an all-time low of $1.55, Pan Jamaican Investment with 2,155 shares trading, lost 1 cent to end at $50.26, Scotia Group finished trading with 60,649 shares changing hands, 22 cents down, at $19.40 and Seprod shed 38 cents in trading 273,005 units, to close at $11.50.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 34,600 units at $3.

Filed Under: JSE Main Market, Stock Market Tagged With: C&WJ, Carreras, Ciboney, D&G, Daily Trading, Gleaner, Grace Kennedy, Hardware & Lumber, Jamaica Broilers, Jamaica Stock Exchange, JMMB, Mayberry, NCB, Pan Jam, Radio Jamaica, Sagicor, Scotia, Seprod, Supreme Ventures

Lasco Manufacturing trades 1m shares

November 19, 2014 by IC Insider.com

Trading in the Junior Market was dominated by Lasco Manufacturing with 1 million shares at $1 each. Trading ended with 1,084,716 units valued at $1,128,267. The JSE Junior Market Index rose 6.28 points to close at 679.35. A total of 7 securities traded, with the price of 1 advancing and 1 declining.
At the close, there were 2 stocks with bids higher than their last selling prices and 2 stocks with offers that were lower. The junior market continues to be weak with 8 securities closing with no bids to buy. There were 5 securities that had no stocks being offered for sale.
Lasco Distributors ended trading with 53,804 shares changing hands as the price climbed 4 cents rise to $1.39 and Lasco Manufacturing with 1,000,000 units gained on 3 cents to end at $1.
Caribbean Producers ended trading 11,152 units to close with a 1 cent loss, at $2.25, Consolidated Bakeries finished trading with 8,000 shares trading at 82 cents, Jamaican Teas had dealing in only 3,860 shares at $3.40. The company reported a small loss in the September quarter and a profit of 35 cents for the full year, versus 58 cents in 2013. Lasco Financial contributed 6,500 shares at 95 cents and Medical Disposables with 1,400 shares trading at $1.94.

Filed Under: JSE Junior Market, Stock Market Tagged With: Caribbean Producers (CPJ), Consolidated Bakeries, Daily Trading, Jamaican Stock, Lasco, Medical Disposables, Purity

No stocks rose 2 declined on TTSE

November 19, 2014 by IC Insider.com

Trading on the Trinidad Stock Exchange ended Wednesday with 10 securities changing hands. There were no advancing stocks while, 2 declined and 8 traded firm with a total of 136,262 units, valued at $1,492,123. The market closed with slight bullish tendency as shown by the positive bid offer indicator below.
At the close of the market, the Composite Index lost 0.17 points to close at 1,140.74, the All T&T Index fell by 0.28 points to close at 1,960.98 and the Cross Listed Index lost 0.01 points to end at 41.98.
Declines| The stocks declining at the end of trading are, Massy Holdings added 8,158 shares valued at $558,800 and lost 6 cents, to close at $68.49, followed by National Enterprise in trading 700 shares to end at a new 52 weeks’ low of $17.45, by shedding a cent.
Firm Trades| Stocks closing with prices unchanged, at the end of trading are, ANSA McAL with 41 units and ended at $66.17, First Citizens Bank traded 5,929 shares at $36.75, Grace Kennedy had 3,042 units trading, at $3.83, Guardian Holdings had 145 units trading at $13.50, Jamaica Money Market with 50,741 shares changing hands, closed at 45 cents. National Commercial Bank traded 5,400 shares at $1.15, One Caribbean Media contributed 14,951 shares with a value of $375,270, to end at $25.10 and Sagicor Financial Corporation with a volume of 47,155 shares traded for $282,580 to close at $6.
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.

Filed Under: Stock Market, TTSE Market Tagged With: Ansa Mcal, Daily Trading, First Citizens, Grace Kennedy, Guardian Holdings, JMMB, Massy Holdings, National Enterprises, NCB, One Caribbean Media, Trinidad Cement, TTSE

Only one stock gained on TTSE

November 18, 2014 by IC Insider.com

Trading on the Trinidad Stock Exchange ended with 12 active securities, 1 advanced, 6 declined and 5 traded firm, with a total of 500,289 units changing hands, valued at $3,727,033.
At the close of the market, the Composite Index lost 0.43 points to close at 1,140.91, the All T&T Index fell by just 0.26 points to close at 1,961.26 and the Cross Listed Index dipped by a 0.08 points to end at 41.99.
Gains| Guardian Holdings closed trading with 11,450 shares valued at $154,575 and advanced by 1 cent, to end at $13.50.
Declines| The stocks declining at the end of trading are, ANSA Mcal that fell 1 cent to $66.17, after trading 9,540 shares, Clico Investment Fund with 55,033 shares valued at $1,239,144 fell 1 cent to end at $22.50, Grace Kennedy with 110,700 shares changing hands for a value of $423,981, ended at $3.83 after falling by a cent. National Commercial Bank traded 43,478 shares at $1.15, down 1 cent, National Enterprises traded 550 units at a new 52 weeks’ low of $17.46 with a 2 cents decline and Point Lisas Industrial Port Development lost 5 cents, to close at $4 while trading 29,000 shares.
Firm Trades| Stocks closing with prices unchanged, at the end of trading are, First Citizens Bank with 6,438 shares to close at $36.76, while Jamaica Money Market Brokers added 50,000 shares to close at 45 cents. One Caribbean Media traded 2,000 shares at $25.10, Sagicor Financial Corporation with a 107,100 shares being traded for $642,600, ended at $6 and Trinidad Cement contributed 75,000 shares with a value of $150,000 to end at $2.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than their last selling prices and 1 stock with offer that is lower.

Filed Under: Stock Market, TTSE Market Tagged With: Ansa Mcal, clico, Daily Trading, First Citizens, Grace Kennedy, Guardian Holdings, JMMB, National Enterprises, NCB, One Caribbean Media, Point Lisas Industrial, Sagicor, Trinidad Cement, TTSE

8 up 9 down on JSE

November 18, 2014 by IC Insider.com

Tuesday’s activity on the Jamaica Stock Exchange, resulted in the prices of 8 stocks rising and 9 declining as 27 securities changed hands, ending in 4,235,650 units trading, valued at $51,526,408, 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 3 stocks with bids higher than their last selling prices and 8 stocks with offers that were lower.
Main Market| The JSE Market Index fell 194.52 points to 74,012.60, the JSE All Jamaican Composite index declined 217.50 points to close at 81,467.68 and the JSE combined index dropped 146.86 points to close at 75,883.36.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Jamaica Money Market Brokers, finishing trading with 50,000 ordinary shares, 7 cents higher at $6.57. National Commercial Bank finished trading with 49,500 shares while gaining 1 cent to $18.51, Pan Jamaican Investment saw trading in 4,039 units, to close with a gain of 1 cent to $50.27, Scotia Group 108,965 shares traded at 22 cents higher to close at $19.62 and Supreme Ventures with 74,000 shares changing hands, gained 1 cent to $1.76.
Firm| The stocks in the main market to close without a change in the last traded prices are, Gleaner with 110 shares at $1.05, Jamaica Broilers closing with 501,266 shares changing hands at $4, Jamaica Producers concluded trading with 5,000 shares at $15.50. Kingston Wharves had 4,285 shares changing hands $6, Mayberry Investments ended trading with 74,610 shares changing hands to close at $1.50 and Scotia Investments closed with 30,000 shares at $22.51.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Cable & Wireless finished trading with 1,670,678 units and fell 7 cents to 42 cents, Caribbean Cement concluded trading with 10,728 units with a decline of 1 cent to $2.40, Carreras exchanged 1,128,573 shares in trading, with a loss of $2 to close at $35, for Desnoes & Geddes there was dealing in 145,000 units, to close with a 5 cents fall to $4.85. Grace Kennedy contributed just 1,520 shares to trading but lost of 50 cents to end at $60.50, Palace Amusement concluded trading with 100 units to fall $13 to a 52 weeks’ low of $77, Proven Investments exchanged 80,033 units with a decline of 0.49 cent to 17.5 US cents and Sagicor Group ended trading with 145,000 units, with a decline of 1 cent to $9.99.
Preference| Jamaica Money Market Brokers 8.75% preference share traded with 155 units changing hands with a gain of 1 cent to $3 and Jamaica Money Market Brokers 7.50% finished trading with 14,500 shares trading at $2.