NCB climbs to new high on TTSE

NCBFG trading at a record high of $6 on the Trinidad Stock Exchange.

NCB Financial Group closed 5 cents higher at a record high of $6 while trading 9,542 shares on Trinidad & Tobago Stock Exchange while Trinidad & Tobago NGL controlled 68 percent of the value of the securities exchanged at the closed on Friday.
The market closed with 8 securities changing hands compared to 12 on Thursday as 2 stocks advanced, 1 declined and 5 remained unchanged with 184,060 shares traded at a value of $2,231,341 compared to Thursday’s trades of just 134,005 valued at $1,152,320.
The Composite Index was down 0.05 points to 1,262.22, the All T&T Index slid 0.89 points to 1,761.15 and the Cross Listed Index topped its previous gains by 0.11 points to close at 102.75.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 3 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Apart from NCB Financial Group that rose on Friday Trinidad & Tobago NGL advanced 28 cents to close at $23.40 with 64,553 shares valued at $1,510,048 trading.
Losses| The only security declining is Scotiabank that closed at $58.10, after losing 40 cents exchanging 612 units.
Firm Trades| The latest prices and the volumes of securities trading unchanged at the close of the market are, Clico Investment that closed with 13,215 shares at $21, First Citizens ended at $31.80 with 563 units, Grace Kennedy exchanged 57,103 shares at $2.89, JMMB Group held firm at $1.85 with 36,410 shares trading, but closed with the bid at $1.191 and Massy Holdings closed at $49 with 2,062 units.

Junior Market jumps another 37.73 points

The Junior Market on Friday closed for the 10th consecutive day with unbroken gains leading the market index climbing 37.73 points to close at 3,143.71 with 21 securities changing hands compared to 18 on Thursday.
At the close of market activities, the prices of 8 securities advanced, 10 declined and 3 remained unchanged and 554,767 units valued at $2,609,944 traded compared to 2,819,581 units valued at $17,224,051 on Thursday.
Trading ended with an average of 26,417 units for an average of $124,283 in contrast to 156,643 units for an average of $956,892 on Thursday. The average volume and value for the month to date amounts to 75,683 units valued at $359,339 and previously, 78,762 units valued at $374,030. In contrast, September closed with average of 116,176 units valued at $538,652 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks with bids higher than their last selling prices and 5 with lower offers.
At the close of the market, Access Financial gained 50 cents to settle at $42.50, with 2,800 shares, AMG Packaging finished trading 1 cent higher at $3.50, with 5,564 units, Blue Power jumped $4 to $49, with 387 shares changing hands, C2W Music finished with a loss of 7 cents at 42 cents, with 350 stock units, Cargo Handlers rose 29 cents to $11.09, with 1,015 units, Caribbean Cream concluded trading with a loss of 10 cents at $5.80, with 3,332 stock units. Caribbean Producers traded 1 cent higher at $3.71, with 69,888 units being traded. Derrimon Trading ended at $7 with 2,000 units, Express Catering finished trading with a loss of 30 cents at $4.65, with 56,588 stock units trading, General Accident ended trading 10 cents higher at $3.20, with 16,450 units, Honey Bun closed with a loss of 10 cents at $4.90, with 4,891 stock units changing hands. ISP Finance dropped $2.30 to $16.20, with 10,000 units, Jamaican Teas concluded trading at $4.10, with 5,100 shares, Jetcon Corporation finished with a loss of 5 cents at $4.80, with 3,154 shares trading, Lasco Distributors closed with a loss of 24 cents at $7.20, with 11,850 units, Lasco Financial ended with a loss of 4 cents at $4.36, with 51,742 stock units. Lasco Manufacturing closed at $4.50, with 14,800 units, Main Event traded 20 cents higher at $5.30, with 166,999 shares, Medical Disposables traded 25 cents higher at $5.75, with 1,471 stock units, Paramount Trading settled with a loss of 10 cents at $2.90, with 124,400 units being exchanged and Stationery and Office settled with a loss of 3 cents at $5.47, with 1,986 units.
Prices of securities trading for the day are those at which the last trade took place.

4th week of record close for JSE stocks

When the main market of the Jamaica Stock Exchange ended on Friday with big gains in both major market indices, it marked the fourth week on a trot that the market was ending at record weekly highs.
At the close the All Jamaica Composite Index surged sharply by 4,673.29 points to close at record 321,000.17 and the JSE Index leapt considerably by 4,257.90 points to close at record 292,467.45. Trading in the US dollar market ended with 156,714 units valued at US$36,816 with the index remaining unchanged at 183.13 points.
The market ended on Friday with 25 securities changing hands with 2 trading in the US dollar market leading 12 advanced, 5 declined and 7 traded firm with 2,104,737 units valued at $70,790,407 compared to 3,021,277 units valued at $73,512,131 on Thursday. Caribbean Cement traded at an intraday high of $40 but fell back by the close to $36.10 and Sagicor Group jumped $4.47 to $39 and would have had a major impact on the market indices.
On average 84,189 units changed hands for an average of $2,831,616 in contrast to 137,331 units for an average of $3,341,461 on Thursday. The average volume and value for the month to date amounts to 1,279,786 units valued at $17,897,455 and 1,352,159 units with an average value of $18,809,431, previously. In contrast, September closed with average of 283,480 units at $3630990 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 8 stocks with bids higher than their last selling prices and 2 with lower offers.

Junior Market marches on up

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The Junior Market Index enjoyed another day of mostly rising prices, leading to the market index increasing for the 9th consecutive day with an increase of 18.55 points to close at 3,105.98 on Thursday.
The strong increase as a lot to do with gains recorded by all three Lasco companies. At the close of market activities, the prices of 8 securities rose, 5 declined and 5 remained unchanged as 18 securities changed hands compared to 19 on Wednesday. Trading resulted in a much increased volume and value as investors exchanged of 2,819,581 units valued at $17,224,051 compared to only 724,901 units valued at $2,972,526 on Wednesday.
Trading ended with an average of 156,643 units for an average of $956,892 in contrast to 38,153 units for an average of $156,449 on Wednesday. The average volume and value for the month to date amounts to 78,762 units valued at $374,030 and previously, 74,354 shares with an average value of $341,038. In contrast, September closed with average of 116,176 units valued at $538,652 for each security traded.
IC bid-offer Indicator|Trading ended with the market sentiments for Friday’s trading activity remaining mixed as 7 stocks ended with bids higher than their last selling prices and 4 with lower offers
At the close of the market, AMG Packaging finished with a loss of 1 cent at $3.49, with 9,795 units trading, Cargo Handlers finished with a loss of 29 cents at $10.80, with 2,719 shares changing hands, Caribbean Cream lost 9 cents to close at $5.90, with 22,203 units, Caribbean Flavours traded at $11, with 2,000 shares, Derrimon Trading finished at $7, with 30,000 stock units. Dolphin Cove ended trading with a loss of 50 cents at $17, with 34,328 units trading, Express Catering concluded trading with a loss of 3 cents at $4.95, with 64,390 shares, Honey Bun traded 70 cents higher at $5, with 1,000 stock units, Jetcon Corporation ended trading at $4.85, with 16,425 shares trading. KLE Group closed 30 cents higher at $2.80, with 17,500 units, Knutsford Express settled 19 cents higher at $14.99, trading 2,930 shares, Lasco Distributors rose 74 cents to close at $7.44, with 1,240,875 stock units, Lasco Financial traded 20 cents higher at $4.40, with 328,274 shares, Lasco Manufacturing traded 30 cents higher at $4.50, with 546,317 stock units. Medical Disposables settled at $5.50, with 16,500 shares, Paramount Trading closed 10 cents higher at $3, with 34,576 shares, Stationery and Office ended at $5.50, with 55,697 stock units and tTech ended 5 cents higher at $7.60, with 394,052 shares.
Prices of securities trading for the day are those at which the last trade took place.

JSE closed down on Thursday

The JSE All Jamaican Composite Index dropped 1,128.83 points, to close at 316,326.88 and the JSE Index shed 1,028.50 points to end at 288,209.55 to break the 9 consecutive days of closing records on the Jamaica Stock Exchange on Thursday.
Trading ended with 23 securities changing hands, in the main and US dollar market as 11 advanced, 7 declined and 5 traded firm with 3,021,277 units valued at $73,512,131 changing hands.
In the main activity, Barita Investments finished at $9, with 148,800 units after trading down to $8, Berger Paints traded 75 cents higher at $16.75, with 149,835 units, 54 percent above the Ansa Coatings offer price. Cable & Wireless closed 1 cent higher at $1.02, with just 6,715 shares, Caribbean Cement traded $3.99 higher to $33, with 55,758 stock units trading, Carreras rose $1.50 to $13, with 375,369 shares, Grace Kennedy concluded trading 7 cents higher at $42.83, with 100,966 shares, Jamaica Broilers ended with a gain of 49 cents to $18.49, with 1,126,834 units. Jamaica Producers closed 40 cents higher at $16, with 109,041 shares, Jamaica Stock Exchange ended trading with a loss of 47 cents at $6.50, with 4,072 units, JMMB Group ended trading 40 cents higher at a 52 weeks’ closing high of $28, with 110,531 shares, Kingston Wharves ended with a loss of 49 cents at $32.50, with 5,657 shares, NCB Financial lost 36 cents and closed at $105.65 with 157,631 shares trading, 138 Student Living closed at $5.40, with 10,000 units, PanJam Investment traded 50 cents higher at $42, with 1,500 shares, Pulse Investments finished 19 cents higher at $1.80, with 105,000 units, Radio Jamaica ended trading with a loss of 1 cent at $1.13, with 125,960 shares, Sagicor Group finished trading with a loss of 3.47 cents at $34.53, with 24,735 units, Sagicor Real Estate Fund ended trading with a loss of 10 cents at $14.40, with 21,217 stock units, Scotia Group traded with a loss of $2 at $50, with 281,355 units, Seprod traded $1.25 higher at $30, with 12,346 shares changing hands, Supreme Ventures ended trading at $11.99, with 67,955 stock units and in the main market preference segment, JMMB Group 7.5% closed at $1.10, with 20,000 stock units, while Productivity Business Solutions traded 1,100 US dollar denominated ordinary shares at 57.5 US cents.
Prices of securities trading for the day are those at which the last trade took place.

JSE majors give up 1,128 points

The Main Market of the Jamaica Stock Exchange broke its winning streak of  9 consecutive days of closing records, to end on Thursday with the JSE All Jamaican Composite Index falling 1,128.83 points, to close at 316,326.8822 and the JSE Index shedding 1,028.50 points to end at 288,209.55.
Caribbean Cement posted good results that pushed the price as high as $37, but it closed at $33 with the bid at $35 after investors attempted to trade it at $45 which was cancelled after trading in the stock was suspended for an hour. NCB Financial closed down to $105.65 at the same time that it traded in Trinidad at the equivalent of $114 and JMMB Group traded at the equivalent of $35 on the Trinidad Stock Exchange but closed at a record close of $28 and Berger Paints close at $16.75, 54 percent above the price the company’s directors recommended to be a fair value. Scotia Group dropped $2 to $50 and Carreras climbed $1.50 to $13.
At the conclusion of trading 23 securities changed hands, in the main and US dollar market as 11 advanced, 7 declined and 5 traded firm with 3,021,277 units valued at $73,512,131 compared to 3,975,709 units valued at $69,965,883 on Wednesday and the US dollar market Equities Index declined by 0.33 points to close at 183.13 with just 1,100 units trading with a value of US$634 from just one security.
Trading ended with an average of 137,331 units for an average of $3,341,461 in contrast to 172,857 units for an average of $3,041,995 on Wednesday. The average volume and value for the month to date amounts to 1,352,159 units valued at $18,809,431 and 1,420,512 units with an average value of $19,679,752, previously. In contrast, September closed with average of 283,480 units at $3630990 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 10 stocks with bids higher than their last selling prices and 1 with a lower offer.

NCB at J$114 and JMMB at J$35 on TTSE

NCB Financial Group closed at a record TT$5.95 or J$114 equivalent on Thursday on TTSE.

NCB Financial Group jumped to a record close of $5.95 or the equivalent of J$114 the Trinidad & Tobago Stock Exchange on Thursday, while JMMB Group climbed to new high of $1.85 or J$35 while they trade well below these levels in Kingston.
Trading on the market closed with 12 securities changing hands compared to 16 on Wednesday resulting in low trading levels. At the close, 6 stocks advanced, 2 declined and 4 were unchanged as 134,005 shares traded at a value of $1,152,320 compared to Wednesday’s trades of 120,210 valued at $4,165,527.
All three indices posted gains with a number of stock rising sharply. At the close, the Composite Index advancing 11.82 points to 1,262.27, the All T&T Index gained 1.45 points to 1,762.04 and the Cross Listed Index added 3.04 points, surpassing the 100 points mark to close at an all-time record of 102.64, since the index was started in June 2008.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| The last traded price of the securities rising and the volume changing hands are JMMB Group with gains of 9 cents, to close at a 52 weeks’ high of $1.85 with 48,889 shares trading. National Flour Mills closed at $2, gaining 1 cent with 1,272 units, NCB Financial Group jumped 40 cents to a 52 weeks’ high of $5.95 while exchanging 45,000 shares, Sagicor Financial traded 25 cents higher to $8 with 8,500 shares, Scotiabank rose 44 cents and ended at $58.50, with 610 units and Trinidad & Tobago NGL closed at $23.12, having gained 1 cent with 6,350 shares traded.
Losses| Securities changing hands with loses are Ansa McAL that closed 4 cents lower to $63.01 with 1,536 units and Guardian Holdings with a loss of 5 cents, settling at $15.10 while trading 16,230 shares.
Firm Trades| The last traded prices of securities and the volume traded unchanged at the close of trading are Clico Investment that remained at $21 with 560 units changing hands, First Citizens trading 700 units to close at $31.80, Massy Holdings exchanged 3,158 shares at $49 and National Enterprises ended at $10 with 1,200 units changing hands.

8 consecutive gains for Junior Market

Trading on the Junior Market of the Jamaica Stock Exchange ended on Wednesday for the 8th day of gains as the Junior Market Index climbed 23.79 points to close at 3,087.43.
The market closed with 19 securities changing hands, resulting in the prices of 9 rising, 6 declining and 4 remaining unchanged with an exchange of 724,901 units valued at $2,972,526 compared to 655,302 units valued at $3,576,610 from 15 securities changing hands on Tuesday.
Trading ended with an average of 38,153 units for an average of $156,449 in contrast to 43,687 units for an average of $238,441 on Tuesday. The average volume and value for the month to date amounts to 76,654 units valued at $352,768 compared to 76,654 units valued at $352,768 previously. In contrast, September closed with average of 116,176 units valued at $538,652 for each security traded.
IC bid-offer Indicator| Trading ended with the market sentiments looking slightly mixed for Thursday’s trading activity as 6 stocks ended with bids higher than their last selling prices and 3 with lower offers.
At the close of the market, Blue Power ended trading 90 cents higher at $45, with 1,000 units, CAC 2000 gained 50 cents to end at $7, with 1,000 shares, Cargo Handlers ended trading at $11.09, with 3,088 stock units, Caribbean Producers finished with a loss of 4 cents at $3.70, with 3,300 units, Eppley ended trading 60 cents higher at $11.60, with 4,292 shares, Express Catering traded with a loss of 2 cents at $4.98, with 86,376 units. General Accident concluded trading 10 cents higher at $3.10, with 2,000 stock units, Honey Bun ended trading with a loss of 70 cents at $4.30, with 39,404 shares, Iron Rock ended trading 5 cents higher at $3.20, with 45,000 units changing hands, Jamaican Teas gained 10 cents to close at $4.10, with 36,329 units trading. Jetcon Corporation settled 5 cents higher at $4.85, with 10,582 shares, KLE Group concluded trading with a loss of 30 cents at $2.50, with 265,000 units changing hands, Knutsford Express closed at $14.80, with 2,150 stock units, Lasco Distributors ended trading after rising 20 cents to $6.70, with 56,917 shares, Lasco Financial closed at $4.20, with 107,352 stock units trading. Main Event traded with a loss of 20 cents at $5.10, with 34,220 shares, Paramount Trading settled with a loss of 10 cents at $2.90, with 9,027 stock units, Stationery and Office ended at $5.50, with 8,544 units trading and tTech added 50 cents to close at $7.55, with 9,320 shares changing hands.

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

8 stocks rise 8 fall

The main market closed with 8 securities rising, 8 falling and 7 traded firm with 3,975,709 units valued at $69,965,883 compared to 10,920,273 units valued at $178,163,037 on Tuesday.
In the main activity, Berger Paints finished trading at $16, with 75,396 stock units, Cable & Wireless lost 8 cents at $1.01, with 213,894 shares trading, Caribbean Cement ended 41 cents higher at $29.01, with 11,923 units, Carreras concluded trading at $11.50, with 749,555 stock units, Grace Kennedy finished trading with a loss of 24 cents at $42.76, with 18,410 shares. Jamaica Broilers finished trading at $18, with 318,870 units changing hands, Jamaica Producers settled with a loss of 40 cents at $15.60, in exchanging 24,091 shares, Jamaica Stock Exchange ended with a loss of 3 cents at $6.97, with 220 units, JMMB Group ended 60 cents higher at $27.60, with 157,825 stock units, Kingston Wharves settled $1.49 higher at $32.99, with 1,950 shares trading. Mayberry Investments concluded trading at $4.20, with 20,194 stock units, 1834 Investments finished at $1.40, with 2,079 units, PanJam Investment settled $1.50 higher at $41.50, with 285,310 units, Portland JSX ended trading at $9.15, with 2,000 shares, Pulse Investments concluded trading 1 cent higher at $1.61, with 47,439 units. Radio Jamaica ended with a loss of 1 cent at $1.14, with 36,167 shares trading, Sagicor Group finished with a loss of $1.99 at $38, with 33,719 stock units, Sagicor Real Estate Fund concluded trading 35 cents higher at $14.50, with 1,209 units, Scotia Group finished trading $1 higher at $52, with 478,019 shares, Seprod finished trading with a loss of $1.25 at $28.75 as 626 stock units traded. Supreme Ventures rose 1 cent and concluded trading at $11.99, with 366,286 shares. In the main market preference segment, JMMB Group 7.5% settled at $1.11, with 1,087,990 units In the US dollar market segment, Proven Investments closed with 11,330 units trading at 23.5 US cents.
Prices of securities trading for the day are those at which the last trade took place.

9 straight record close for JSE stocks

Trading on the Main Market of the Jamaica Stock Exchange ended with the ninth straight record close on Wednesday as 23 securities traded. At the close the All Jamaican Composite Index advanced by 759.39 points to 317,455.71 and the JSE Index advanced by 691.89 points to 289,238.05.
The main market closed with 8 securities rising, 8 falling and 7 traded firm with 3,975,709 units valued at $69,965,883 compared to 10,920,273 units valued at $178,163,037 on Tuesday.
In the US dollar market trading accounted for The JSE US dollar Equities Index declined by 2.29 points to close at 183.46 as 10,330 shares traded with a value of US$2,419.
Trading ended with an average of 172,857 units for an average of $3,041,995 in contrast to 455,011 units for an average of $7,423,460 on Tuesday. The average volume and value for the month to date amounts to 1,420,512 units valued at $19,679,752 and 1,498,491 units with an average value of $20,719,611 previously. In contrast, September closed with average of 536,395 units at $1,905,441 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 9 stocks with bids higher than their last selling prices and 3 with lower offers.