Sharp price changes hit JSE – Tuesday

The Jamaica Stock Exchange main market closed with a number of stocks having large price changes and the market indices pulling back from the record close on Friday.
At the end of trading, the All Jamaica Composite Index dived 3,531.21 points to 414,919.49 and the JSE Index declined by 3,217.33 points to close at 378,038.62.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading shows 4 stocks ending with bids higher than the last selling prices and 4 closing with lower offers.
A total of 32 securities traded including 2 in the US dollar market, compared to 30 trading on Friday with the prices of 10 securities rising, 17 declining and 5 holding firm.
Sagicor Group traded at a 52 weeks’ closing high of $46.50, Mayberry Equities  traded at an intraday high of $20 and ended at a 52 weeks’ closing high of $12.51 and Carreras traded at a 52 weeks’ intraday low of $8.80.
Trading ended with 3,865,461 units valued at $98,334,906 changing hands, compared with 17,261,656 units valued at $203,142,878 on Friday.
Trading closed with Carreras with 896,721 units and 23.2 percent of the day’s volume, dominating trading, followed by Jamaica Stock Exchange with 454,951 units and 11.77 percent of volume traded and Grace Kennedy trading 449,788 units or 11.64 percent of the day’s volume.
Trading resulted in an average of 128,849 units valued $3,277,830, in contrast to 595,230 units valued $7,004,927 on Friday. The average volume and value for the month to date amounts to 382,244 shares, valued $6,804,156 and previously, 406,926 shares, valued $7,181,976. September closed, with an average of 1,022,243 shares valued $15,752,876, for each security traded.
In the main market activity, Berger Paints shed 50 cents and closed at $22, trading 4,395 shares, Grace Kennedy rose 49 cents and ended trading 449,788 shares at $59.50, Jamaica Broilers lost 41 cents in trading 21,347 stock units, to close at $32.01, Jamaica Producers dropped $3 to close of $30 with 338,585 units changing hands, Kingston Wharves gained 50 cents in exchanging 6,921 stock units, to close at $82.50, Mayberry Investments lost 49 cents to close at $11.01 after trading 32,524 shares, NCB Financial Group lost 99 cents and ended at $129, trading 166,004 shares, PanJam Investment closed $1.50 lower at $64, with 77,368 stock units trading, Portland JSX traded 38,580 shares but fell 40 cents to close at $8.10, Pulse Investments gained 40 cents to $2.80 trading 261,000 shares, Sagicor Group jumped $4.02 to $46.50, trading 10,276 shares, Sagicor Real Estate Fund lost 40 cents to close at $14.50, trading 154,592 shares, Scotia Group rose $1 trading 4,055 units to close at $59, Seprod after dropping sharply by $12.50 on Friday, suffered another huge dive for the second day by $10.50 and finished trading at $39, with 2,000 shares changing hands after the announcement of the sale of 92 million shares at $23.99 each. Sterling Investments lost 50 cents to close at $22.50 while trading 27,270 shares, Supreme Ventures jumped $2.48 to end at $19.99, with 56,045 shares changing hands and Wisynco Group lost 30 cents to end at $10, trading 243,477 shares.
Trading in the US dollar market closed with 403,750 units valued at US$44,588 changing hands as Proven Investments ended trading just 1,750 to close at 21 US cents and Sygnus Credit Investments US dollar ordinary share traded 402,000 units and rose 0.05 cent to end at 11 US cents. The JSE USD Equities Index lost 0.90 points to 167.78.

Junior Market drops on Tuesday

Trading on the Junior Market closed with an exchange of 29 securities, compared to 26 on Friday , ending with 5 securities rising 14 declining, while 10 remained unchanged, leading to the market index declining 26.32 points to close at 3,386.54.
Market activities, resulted in an exchange of 2,166,309 units valued at $10,544,793, compared to 1,506,696 units valued at $5,686,695 on Friday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 3 stocks ending with bids higher than their last selling prices, while 2 closed with lower offers.
Trading closed with an average of 74,700 units for an average of $363,614 in contrast to 57,950 units for an average of $218,719 on Friday. Trading for the month to date averages 76,601 for an average of $357,960 compared to averages of 76,799 for an average of $357,368 previously. September, ended with an average of 484,335 at $2,628,299 for each security traded.
At the close of trading, AMG Packaging ended at $1.95, trading 13,884 stock units, Blue Power concluded trading of 43,000 units, ending 50 cents higher at $6.50, CAC2000 finished trading 562 shares with a rise of 75 cents to end at a 52 weeks’ closing high of $20, Cargo Handlers lost 15 cents to settle at $13.50, with 2,000 shares changing hands. Caribbean Cream fell 93 cents and ended trading 36,206 shares at $6.75, Caribbean Producers lost 30 cents in closing trading at $6.70, with 6,951 units, Derrimon Trading ended $3 trading 134,178 shares, Elite Diagnostic traded 47,045 stock units at $3.50, Eppley closed with a loss of $1 at $9, with 1,750 units changing hands, Everything Fresh traded 157,312 shares and fell 10 cents to close at $1.90, Express Catering fell just 1 cent and ended trading with 30,921 shares at $8.41, FosRich Group lost 40 cents in trading 15,689 shares to close at $3.60, General Accident declined by 30 cents and finished trading 120,380 shares at $3.70, GWest Corporation closed with 23,782 stock units changing hands at $1.80, Honey Bun rose 5 cents and ended at $4, in exchanging 30,915 units, Indies Pharma shed 35 cents and ended with 558,055 shares changing hands, to close at $3. Iron Rock concluded trading of 1,500 shares after declining 10 cents at $4.40, ISP Finance finished trading of 61,459 shares at $20, Jamaican Teas shed 1 cent to close at $4.38, with 10,600 shares changing hands. Jetcon Corporation lost 2 cents and ended trading 165,963 stock units at $3.90, Knutsford Express closed at $12 while exchanging 5,795 shares, Lasco Distributors ended at $4.10, in trading 52,046 shares, Lasco Financial rose 2 cents in concluding trading of 100,287 stock units to close at $5.47, Lasco Manufacturing finished at $3.75, with 2,880 units changing hands, Main Event settled with a loss of 29 cents at $5.95, with 20,000 shares trading,Medical Disposables ended trading at $6.50, with 482,684 shares, Paramount Tradingclosed with the trading of 10,000 shares at $2.75, Stationery and Office rose 10 cents and finished trading of 15,215 stock units at a record closing high of $9.60 and tTech shed 45 cents in trading 15,250 shares at $5.
Prices of securities trading for the day are those at which the last trade took place.

More bucks hit TTSE market – Tuesday

Trading on the Trinidad & Tobago Stock Exchange resulted in more than twice the amount of funds involved in the market on Tuesday, than the amount on Monday but with slightly less volume.
The market ended trading of 530,843 shares at a value of $24,133,808 compared to 674,102 shares at a value of $11,376,325 changing hands on Monday and ended with 13 securities changing hands, against 20 trading on Monday with the price of 3 rising, 3 declining and 7 remaining unchanged.
Trading closed, with the Composite Index rising 9.15 points to 1,238.85, the All T&T Index adding 0.04 points to 1,703.19, while the Cross Listed Index rose 2.53 points to close at 104.20.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading closed with 5 stocks ending with higher bids than the last selling prices and 4 with lower offers.
Stocks closing with gains| Clico Investments rose 1 cent and settled at $19.51, with 11,063 stock units changing hands, NCB Financial Group added 36 cents and ended at $6.10, after exchanging 5,130 shares and Trinidad & Tobago NGL increased 2 cents and ended at $29.30, trading 38,204 shares.
Stocks closing with losses|Angostura Holdings share fell 1 cent and settled at $15.75, with 178,717 stock units valued at $.8 million changing hands, Republic Financial Holdings shed 1 cent and completed trading at $106, after exchanging 70,412 shares valued $7,463,830 and West Indian Tobacco lost 1 cent and concluded trading of 22 shares at $89.99.
Stocks trading with no price change| Ansa Merchant ended at $38.25, after exchanging 55,722 shares with a value of $2.15 million, Calypso Macro Index Fund traded 2,835 shares to close at $15.81, First Citizens ended at $32.65, after exchanging 625 shares, Massy Holdings completed trading at $47, after exchanging 2,720 units, National Enterprises settled at $8.97, with 2,500 stock units changing hands, One Caribbean Media completed trading at $12, after exchanging 8,132 shares and Scotiabank concluded trading at $64.89, with 154,761 units valued $10,042,335.
Prices of securities trading for the day are those at which the last trade took place.

Mayberry Equities profit rises

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Mayberry Investments

Strong growth in the Jamaican stock market drove the net assets of Mayberry Jamaican Equities to $15.6 billion at the end of September from $7.4 billion at September last year and from $8.9 billion at the end of December.
Mayberry reported an after-tax profit of $250 million for the September 2018 quarter, up sharply from $65 million in 2017. For the year to September this year, profit rose to $690 million from just $84 million in 2017 but a strong increase of $615 million in the September quarter and $1 billion year to date were the main drivers of the increased results in 2018. The performance resulted in Earnings per share of 21 cents for the quarter and 57 cents for the nine months.
Total comprehensive income for Q3 amounted to $4.25 billion, compared to $295 million for the corresponding quarter of 2017 and the booking of $6 billion for the nine months period reflecting gains from stocks held in the portfolio.
Net Revenues increased to $658 million from just $23 million in the 2017 quarter and is up to $1.26 billion for the nine months to September from a mere $32 million for the similar period in 2017.
Unrealized gains on investment, accounted for the bulk of the income while dividend Income amounted to $69 million in the quarter versus $29 million in 2017 and for the year to September, $296 million versus just $65 million in 2017. The addition of Supreme Ventures to the portfolio would have contributed in a major way to the increase.
Operating expenses increased to $390 million in the quarter from $8 million in 2017, for the year to date it moved to $548 million from $36 million in 2017 due to incentive and management fees for Investment management services and, also, Legal and Professional fees for a corporate loan of $2.2 billion acquired to expand the equity portfolio.
At the end of the quarter the company had cash funds of $1.37 billion and investments of $16.95 billion and amounts due creditors of $482 million and Net Book Value per share moved to J$13.01, at September 30 but fell by October 5, 2018 to $11.96, the company reported on the website of the Jamaica Stock Exchange.
The company’s portfolio comprises 31 securities including, Lasco Financial Services, Caribbean Producers, Blue Power, Iron Rock Insurance and Supreme Ventures.

Prestige profit slips & slides

Prestige Holdings brand – TGIF

Profit at Trinidad’s fast food franchise operators, Prestige Holdings fell a sharp 35 percent to TT$7.7 million for the quarter ending in August, compared to $11.8 million for the similar period in 2017 as economic pressures continued to affect the Twin island state of Trinidad & Tobago, where the bulk of the income is generated.

The operation includes, Prestige Holdings’ of KFC, Pizza Hut, Subway and Starbucks, Weekenders Trinidad Limited (TGI Fridays Trinidad) and Prestige Restaurants Jamaica, (TGI Fridays Jamaica).
Revenues slipped in the quarter to $268 million from $273 in 2017 quarter, dragging down gross profit to $90 million versus $95 million in the 2017 period, as cost of sales remained flat at roughly $178 million in both periods.
For the nine months to August, revenues increased a mere 1 percent to $790 million and profit after tax declined 24 percent to $21 million, from $27.7 million in the previous year. For the 2017 fiscal year, the company reported $32.9 million in after tax profit, from revenues of $1.04 billion.
Earnings per share for the nine months ended at 34 cents compared to 45 cents for the same period in 2017. The results were generated from an average number of 123 restaurants, the company stated in a release with the quarterly results.
Other operating expenses were flat in the quarter but rose moderately, by just $5 million to $170 million for the nine months. Administrative expenses edged up slightly, in both the quarter and year to date period, to $20.6 million from $20 million and from $61 million to $63.7 million respectively.
According to the Chairman, Christian Mouttet in his report to shareholders, “our less than stellar performance for the nine months of 2018, as mentioned in my Half Year Report, has been driven primarily by higher costs, a still recovering local economy and consumers who are very price and value sensitive. As mentioned then, we are implementing initiatives and making changes to our operations that over time will improve our performance and strengthen our business. Additionally, we opened our tenth Pizza Hut restaurant in Princes Town on 1 October 2018.”
“We do not anticipate any significant changes in the macroeconomic environment in the short term and expect to finish the year broadly in line with the previous nine months.”
The Board approved an interim dividend of 12 cents per common share (2017 – 14 cents) to be paid on October 31.
Prestige closed the period with shareholders’ equity of $290 million, Current assets of $131 million and Current liabilities of $131 million. Non-current liabilities amounted to $54 million. The stock closed at $7.52 or a PE ratio of 17 on the Trinidad & Tobago Stock Exchange on Monday.

Barita could spike higher this week

Barita last traded on the JSE as high as $20 on Friday.

The main market of the stock exchange ended the week at another record close with a number of individual stocks hitting new highs but this coming week could well be more challenging, investors have to bear in mind that the supplies for several stocks are very limited and could result in big price movements as happened last week.
Technical chart shows NCB Financial heading to $155 but it traded at new high of $134 during the past week which is not very far from the target of potential resistance. Whether it goes higher during the coming days is anyone’s guess but it is worth watching. Caribbean Cream moved up to $7.90 from $6.16 at the end of the previous week. The company posted better profit results in the August quarter but with less gains than in the first, as administrative cost rose to negate some of the top line growth. Those results may be unlikely to move the stock forward in the short term.
The Junior Market continues to inch forward as it appears that investors are waiting on results. They got Caribbean Cream and Paramount Trading at the end of week, but no major upward price movement is expected.

Caribbean Cream sales & profit slowed in Q2.

The indicators point to continued increased interest in the main market stocks with a number of them are high on the list to watch for this week with less indications that Junior Market stocks will move upwards in droves anytime soon. Stocks of interest this week are Grace Kennedy, Barita Investments with limited supply and technical indicators pointing to a price of $22.50 initially before going on to $27.50. Berger Paints, Jamaica Producers has very little stock offered for sale and that could result in a sharp spike in price at any time, Mayberry Jamaican Equities (MJE), Mayberry Investments that will benefit from increased profit of MJE, NCB Financial, Wisynco Group that has gone back above the $10 price level, CAC2000 that is very scarce, Main Event and Stationery and Office Supplies that seem to have exhausted selling at $09.50 with $10 being the possible next level. A number of these have limited supplies for sale.
With the average PE of the market now at a comfortable 16 times 2018 earnings, stocks valued less than the market average could see increased interest as investors look for bargains.
Grace Kennedy seems ready to break out of the $60 range as there is no big supply on offer now and during the past

Caribbean Cement price is stuck in the mud for now.

week, it traded as high as $75. Caribbean Cement keeps trading between $46 and $50, but there appears no real desire to move the price forward, this one could be negatively affected by foreign exchange losses in the September quarter. Kingston Wharves has always had limited supply, so it could move higher going forward, even the valuation is rich. Supply of JMMB Group has dried up and that could create the environment for the price to continue to move higher, it is also one of the lower valued stock in the main market. Investors need to bear in mind that the price is currently at a resistance level at $37, so it may move sideways with an upward bias for a while, unless strong buying pushes over this level.
An overall view of stocks indicates that the main market continues to be steered higher by an upward sloping support line as well the 45 and 125 day moving averages, lending support just below. The Junior Market is being guided by an upward rising long-term support line and a golden cross. The golden cross is a very strong bullish long-term signal, but market needs fuel of rising profits.

Witco jumps $1 in TTSE trading – Monday

3 for 1 stock split coming for Witco

West Indian Tobacco climbed $1 in exchanging just 32 shares, to end at $90 in trading on the Trinidad & Tobago Stock Exchange on Monday as investors await the result of the 3 for 1 stock split vote on October 30.
The market enjoyed heightened levels of participating securities trading on Monday with 20 securities changing hands including two with just 3 units each, against 19 trading on Friday.
Trading closed with the price of 5 rising, 4 declining and 11 remaining unchanged, leading to the Composite Index rising 0.32 points to 1,229.70, the All T&T Index adding 0.75 points to 1,703.15, while the Cross Listed Index shed 0.02 points to close at 101.67.
The market ended trading of 674,102 shares at a value of $11,376,325 compared to 184,966 shares at a value of $3,912,783 changing hands on Friday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading closed with 7 stocks ending with higher bids than the last selling prices and 4 with lower offers.
Stocks closing with gains| First Caribbean International Bank gained 1 cent and concluded trading 1,000 units at $8.50, Guardian Holdings rose 14 cents to $16.89, with 59,854 units trading, National Enterprises finished trading after an increase by 1 cent and settled at $8.97, with 60,000 stock units changing hands and Scotiabank ended trading with an increase of 4 cents at $64.89, with 159 units changing hands.
Stocks closing with losses| First Citizens shares fell 5 cents and ended at $32.65, after exchanging 16,783 shares, Sagicor Financial share fell 1 cent and settled at $7.69, trading 453 stock units, Trinidad & Tobago NGL shed 3 cents and ended at $29.28, after exchanging 13,184 shares and Trinidad Cement lost 1 cent and completed trading at $2.74, after exchanging just 3 shares.
Stocks trading with no price change| Ansa Mcal concluded trading of 140,003 units at $56.99, Ansa Merchant ended at $38.25, after exchanging a mere 3 shares, Calypso Macro Index Fund traded 871 shares to close at $15.81, Clico Investments settled at $19.50, with 18,426 stock units changing hands, JMMB Group completed trading at $1.70, after exchanging 4,580 shares, Massy Holdings completed trading at $47, after exchanging 2,355 shares, National Flour concluded trading at $1.65, with 7,687 units, One Caribbean Media completed trading at $12, after exchanging 4,105 shares, Prestige Holdings concluded market activity at $7.52, with 2,958 units, Republic Financial Holdings completed trading at $106.01, after exchanging 3,058 shares and Unilever Caribbean settled at $25.50, with 244 stock units changing hands.

Prices of securities trading for the day are those at which the last trade took place.

Grace, Proven, Access & Iron Rock in TOP 10

Grace Kennedy HQ


Decline in the prices of three stocks during the week and gains by others resulted in changes to the IC Insider.com TOP 10 list this week.
Grace Kennedy pulled back to $59.50 and Proven Investments down to 21 US cents and Access Financial falling, with the offer at $45.50 and Iron Rock declining to $4.50 moved into the top stock list, taking the place of Sagicor Group that moved up to $42.55 and Salada Foods that moved up to $24.95 in the main market, while Caribbean Cream that fell to $6.16 to enter last weeks’ list moved up in price to $7.68 and with a slight downgrade to earnings to 65 cents per share, fell out of the top list and Caribbean Producers climbed to $7 and is also out.
The main hit new historical highs on Friday resulted in the overall PE for the main market rising to 16.3 up from 15.8 from the previous week, the PE of the Junior market remained unchanged at 15.8.
The PE ratio for Junior Market Top 10 stocks average 9.5 and the main market PE is now 9.9, marginally higher than the prior week’s level, as the market continues to see an upward revaluation of the multiple.
The TOP 10 stocks now trade at an average discount of 40 percent to the average for the Junior Market Top stocks but it’s a third of what the average PE for the year is likely to be of 20 times earnings. The main market stocks trade at a discount of 39 percent to the overall market.
TOP 10 stocks are likely to deliver the best returns within a 12 months period. Stocks are selected based on projected earnings for each company’s current fiscal year. Based on an assumed PE for each, the likely gains are determined and then ranked, with the stocks with the highest potential gains ranked first followed by the rest, in descending order. Potential values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis based on new information received that can result in changes in and out of the list as well.

Record high for JSE – Friday

The Jamaica Stock Exchange main market captured another record high, in trading on Friday, with the All Jamaica Composite Index hitting 419,855.25 with just 40 minutes before midday.
The market pulled back by the close to end at a record close to be up by 32 percent for the year. At the end of trading, the All Jamaica Composite Index advanced by 1,454.53 points to record closing high of 418,450.70 and the JSE Index gained 1,325.24 points to record close of 381,255.95.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading shows 9 stocks ending with bids higher than the last selling prices and 2 closing with lower offers.
A total of 30 securities traded including 1 in the US dollar market, compared to 32 trading on Thursday with the prices of 11 securities rising, 16 declining and 3 holding firm.
Barita Investments ended at a 52 weeks’ closing high of $20, Mayberry Investments closed at an all-time high of $11.50, and Jamaica Producers ended at a 52 weeks’ closing high of $33 and Sagicor Group traded at a 52 weeks’ intraday high of $43.01.
Trading ended with 17,261,656 units valued at $203,142,878 changing hands, compared with 5,137,117 units valued at $72,997,097 on Thursday.
Trading closed with Wisynco Group with 8,160,974 units and 47.3 percent of the day’s volume, dominating trading, followed by JMMB Group 7.5% preference share with 6 million units and 34.75 percent of volume traded and Scotia Group trading 960,106 units or 5.6 percent of the day’s volume.
Trading resulted in an average of 595,230 units valued at $7,004,927, in contrast to 197,581 shares valued at $2,807,581 on Thursday. The average volume and value for the month to date amounts to 406,926 shares, valued $7,181,976 and previously, 387,353 shares, valued $7,202,432. September closed, with an average of 1,022,243 shares valued $15,752,876, for each security traded.
In the main market activity, Barita Investments gained 50 cents and closed at a 52 weeks’ high of $20, trading with 10,951 shares, Grace Kennedy lost $1.48 and ended trading at $59.50, exchanging 93,322 shares. Jamaica Broilers jumped $3.87 in trading 44,646 stock units to close at $32.42, Jamaica Producers finished $3 higher to a record close of $33 with 9,964 units changing hands, JMMB Group gained $1.01 and ended at $35.01, trading 21,829 shares, Kingston Wharves fell 50 cents in exchanging 10,448 stock units, to close at $82, PanJam Investment closed 70 cents higher to $65.50, with 40,350 stock units trading, Sagicor Real Estate Fund rose 40 cents to $14.90, trading 11,223 shares, Salada Foods fell $1 to $25.50 in trading 550 shares, Scotia Group lost $1.10 trading 960,106 units to close at $58, Seprod dropped sharply by $12.50 and finished trading at $49.50, with 2,000 shares changing hands, Supreme Ventures dived $3.39 to end at $17.51, with 69,706 shares changing hands and Wisynco Group advanced 45 cents to end at $10.30, trading 8,160,974 shares.
Trading in the US dollar market closed with 4,897 units valued at US$1,046, changing hands as Proven Investments was the sole stock trading and fell 1 cent to close at 21 US cents. The JSE USD Equities Index lost 2.53 points to 168.68.

Republic jumped $2.25 in TTSE trading – Friday

Republic Bank traded at a 52 weeks’ high.

Republic Financial Holdings recorded the biggest price movement in trading on the Trinidad & Tobago Stock Exchange on Friday, in jumping $2.25 in exchanging 9,667 shares, to end at a 52 weeks’ high of $106.01.
For the second trading day, the market enjoyed heightened levels of participating securities trading on Friday with 19 securities changing hands against 18 trading on Thursday.
Trading closed with the price of 6 rising, 5 declining and 8 remaining unchanged, leading to the Composite Index rising 8.20 points on Friday to 1,229.38, the All T&T Index adding 7.51 points to 1,702.40, while the Cross Listed Index rose 1.22 points to close at 101.69.
The market ended trading of 184,966 shares at a value of $3,912,783, compared to 674,102 shares at a value of $4,897,703 changing hands on Thursday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading closed with 4 stocks ending with higher bids than the last selling prices and 3 with lower offers.
Stocks closing with gains | First Caribbean International Bank finished trading 300 units and rose 9 cents to $8.49, Grace Kennedy closed with an increase of 29 cents to $2.99, with 30 stock units changing hands, Guardian Holdings ended trading of 562 units after gaining 3 cents to settle at $16.75, National Flour finished trading 2,979 units and rose by 5 cents to $1.65, and Trinidad & Tobago NGL concluded trading with a rise of 6 cents to $29.31, after exchanging 1,700 shares.
Stocks closing with losses| Clico Investments closed with a loss of 1 cent and at $19.50, with 41,149 stock units changing hands, Prestige Holdings closed with a loss of 4 cents and settled at a 52 weeks low of $7.52, trading 30,234 units, Sagicor Financial shed 6 cents and completed trading at $7.70, with 63,499 stock units changing hands, Scotiabank lost 5 cents and settled at $64.85, with 191 units trading and Unilever Caribbean ended trading 75 cents lower to close at a 52 weeks’ low of $25.50, with 910 stock units changing hands.
Stocks trading with no price change| Angostura Holdings completed trading at $15.76, with 11,122 stock units changing hands, Calypso Macro Index Fund traded 4,974 shares to close at $15.81, First Citizens closed at $32.70, after exchanging 1,870 shares, JMMB Group ended at $1.70, after trading 3,136 shares, Massy Holdings ended at $47, in exchanging 406 shares, National Enterprises completed trading at $8.96, with 150 stock units changing hands, Trinidad Cement ended at $2.75, after trading 1,787 shares and West Indian Tobacco settled at $89, with 10,300 units changing hands.
Prices of securities trading for the day are those at which the last trade took place.