Trading jumps on the JSE Main Market


Trading on the Jamaica Stock Exchange Main Market ended on Monday, with a 195 percent jump in the volume of stocks that were exchanged with the value jumping 138 percent more than on Friday, following activities in 63 securities up from just 56 on Friday, with prices of 30 rising, 15 declining and 18 ending unchanged.
 The market closed with 21,633,014 shares trading for $212,763,504 well above the 7,336,905 stock units at $89,342,295 on Friday.

Trading averaged 343,381 shares at $3,377,198 compared to 131,016 stocks at $1,595,398 on Friday and for the month to date, an average of 168,427 units at $1,550,822 up from 157,960 shares at $1,441,552 on the previous day and September with an average of 592,167 stock units at $8,859,784.
Sterling Investments led trading with 7.96 million shares for 36.8 percent of total volume followed by Palace Amusement with 4.67 million stock units for 21.6 percent of the day’s trade, Transjamaican Highway with 2.42 million shares for 11.2 percent market share and Wisynco Group with 1.07 million units for 4.9 percent of total volume.
The All Jamaican Composite Index advanced 3,750.99 points to conclude trading at 358,772.17, the JSE Main Index gained 2,888.42 points to end at 310,847.56 and the JSE Financial Index inched 1.08 points higher to 65.17. At the close, Investor’s Choice bid-offer indicator shows 13 stocks ended with bids higher than their last selling prices and six with lower offers.
The Main Market ended trading with an average PE Ratio of 14.2. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of trading, Caribbean Cement advanced $1.02 to $70.02 in an exchange of 88,726 stocks, Eppley Caribbean Property Fund rose $3.80 to end at $41.81 with 243 units clearing the market, First Rock Real Estate climbed 69 cents in closing at $10.80 in an exchange of 3,037 shares. GraceKennedy increased $1.15 to finish at $74.25 with 854,217 stock units crossing the market, Jamaica Broilers fell $1.01 and ended at $36.97 with a transfer of 20,961 shares, Jamaica Producers sank 50 cents to close at $20.25 in trading 792 stock units. JMMB Group popped 72 cents to $23.50 in switching ownership of 220,786 units, Kingston Wharves dipped 74 cents to finish at $26.61 with investors trading 3,136 stocks, Massy Holdings lost $4 and ended at $73 with 688 units changing hands. Mayberry Group dropped 53 cents to end at $7.47 after 121,061 shares passed through the market, NCB Financial rallied 94 cents in closing at $52.75 with investors swapping 795,178 stocks, Pan Jamaica shed 48 cents to close at $47.30 with 103,686 stocks crossing the market. Proven Investments gained 67 cents to $17 with traders dealing in 23,986 shares, Sagicor Group climbed $1.20 to $40.20 as investors exchanged 589,522 units, Sagicor Real Estate Fund climbed 51 cents and ended at $7.87 in trading 501 stocks. Scotia Group increased $1.10 to end at $45.50 after a transfer of 76,327 stock units, Supreme Ventures sank 50 cents in closing at $21.50 with investors dealing in 167,027 shares, Sygnus Credit Investments popped 45 cents to close at $11.79 after 3,048 stocks passed through the market and Wisynco Group gained 45 cents to $21.45 with an exchange of 1,065,613 units.

In the preference segment, Eppley 7.25% preference share skidded 58 cents to close at $19 with investors trading 10 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Mixed trading on Trinidad Exchange


Stocks ended trading on Monday with losses topping gains on the Trinidad and Tobago Stock Exchange, resulting in an exchange of 10 securities compared with 17 on Friday and ending with prices of three rising, five declining and two ending firm with the volume of stocks traded declining by 17 percent valued 66 percent lower than on Friday.
The market closed with trading of 183,705 shares for $2,168,475 compared to 220,060 stock units at $6,419,504 on Friday.
An average of 18,371 shares were traded at $216,848 down from 12,945 units at $377,618 on Friday, with trading month to date ending with an average of 41,686 shares at $321,905 down from with 42,460 stocks at $325,395 on the previous day and an average for September of 19,319 shares at $151,318.
The Composite Index fell 4.74 points to 1,035.90, the All T&T Index gained 2.34 points to wrap up trading at 1,558.39, the SME Index remained unchanged at 88.01 and the Cross-Listed Index sank 1.72 points to 66.74.
The Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of trading, First Citizens Group shed 7 cents to close at $40.40 with 2,275 stocks passing through the market, Guardian Holdings climbed 25 cents to end at $13.50 after an exchange of 733 units, Massy Holdings ended at $3.56 with investors trading 10,831 shares. National Enterprises dipped 5 cents in closing at $2.80 in an exchange of 38,217 stock units, National Flour Mills slipped 10 cents to finish at $1.70 after closing with 4,348 shares changing hands, NCB Financial fell 35 cents and ended at $2.15 after trading 23,305 stocks. Prestige Holdings remained at $10.50 after an exchange of 90,707 units, Republic Financial increased 4 cents to end at $111.99 with investors swapping 7,658 stocks, Scotiabank popped $1.45 and ended at $57.80 in switching ownership of 1,300 shares and Trinidad & Tobago NGL dipped 5 cents to end at a 52 weeks’ low of $4.70, with 4,331 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated .

Iron Rock up 31%, NCB Group claims all JSE ICTOP10 status


Jamaica’s top financial corporation, NCB Group is now in the All JSE ICTOP10 with another financial institution, Key Insurance falling out, in a week that saw the number one stock in the market, NCB’s subsidiary dropping on Friday to an intraday 52 weeks’ low of $270 as it also fell to a new 52 weeks’ low in Trinidad, with a PE of a mere 3.4 curent year’s earnings, providing a huge upside move when investors pounce eventually.

The All JSE TOP10 is compiled from all ordinary stocks listed on the Jamaica Stock Exchange with the highest potential to gain, based on projected 2024 earnings. This list is more exact than the Junior and Main Market TOP10 lists.

The markets had mixed fortunes during the week, with the Jamaica Stock Exchange Main Market index posting losses of 3,931 points, the All Jamaica Composite Index declined 2,476 points and the Junior Market slipped a mere 2.53 points. The moves resulted in prices of 6 stocks rising and 3 declining in the Main Market TOP10 while the Junior Market TOP10 had just 3 stocks rising and 5 declining.

ICTOP 10 Main Market listed Jamaica Broilers gained 7 percent for the week and dropped out of the TOP 10 with more room to run. The stock is in the news with several staff and directors buying. Historically, insider buying tends to be a very good indictor of price gains ahead for this stock but there is still selling in the $38 region with solid buying not currently visible in the order book.

Guardian Holdings continues to hold on to the number one buy position in all markets while Caribbean Assurance Brokers took over the Junior Market top spot from Elite Diagnostic.

In the Junior Market ICTOP10, Iron Rock Insurance rose an impressive 31 percent to close at a 52 weeks’ high of $4.80 and moved out of the TOP10. AMG Packaging gained 10 percent to $3.13 and tTech climbed 9 percent to $2.30. Caribbean Assurance Brokers fell 15 percent to $3.06,with very limited buying interest currently, Caribbean Cream shed 8 percent to close the week at an even more enticing price than last weeks’ $3.45 to end at $3.17 and Elite Diagnostic lost 4 percent to close at $2.30.

In the Main Market ICTOP10, Key Insurance recovered from last week’s 27 percent drop, to close at $2.53 for a 20 percent rise, General Accident dropped 13 percent last week and rose 18 percent this week, to end at $6.78, Jamaica Broilers rose 7 percent to $37.98, JMMB Group popped 5 percent to $22.78 and Berger Paints fell 5 percent to $8.

Iron Rock fell out of the Junior Market IC TOP10 and is replaced by Access Financial and Lasco Distributors returns to the JSE Main Market ICTOP 10, replacing Jamaica Broilers.

The average PE for the JSE Main Market ICTOP 10 stands at 5.2, well below the market average of 14 and the Junior Market TOP10 sits at 6.6, just more than half of the market, with an average of 12.
The Main Market ICTOP10 is projected to gain an average of 294 percent by May 2025, based on 2024 forecasted earnings and provide better values than the Junior Market with the potential to achieve 215 percent over the same period.
In the Main Market ICTOP 10, a total of 16 of the most highly valued stocks representing 31 percent of the Main Market have PEs between 15 to 108, with an average of 28 and 20 excluding the highest PE ratios, and a PE of 23 for the top half of the market with the highest values and 17 excluding the stocks with overweight values.
In the Junior Market IC TOP10 are 10 stocks, 21 percent of the market, with PEs ranging from 15 to 23 and a PE of 15 for half of the market with the highest values.
ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market, but this is not always so. ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued stocks and helping to remove emotions in selecting stocks for investments that often result in costly mistakes.
IC TOP10 stocks will likely deliver the best returns on or around May 2025 and are ranked in order of potential gains, computed using projected earnings for the current fiscal year. Expected values will change as stock prices fluctuate, resulting in weekly movements in and out of the lists. Revisions to earnings are ongoing, based on receipt of new information.

Persons who compiled this report may have an interest in securities commented on in this report.

Mixed trading on JSE Main Market


Trading on the Jamaica Stock Exchange Main Market ended on Friday, with the volume of stocks traded rising 56 percent with a 9 percent higher the value than at the close on Thursday, with trading occurring in 56 securities compared with 55, with prices of 23 stocks rising, 14 declining and 19 ending unchanged.
The market closed with 7,336,905 shares trading for $89,342,295 ,up from 4,696,332 units valued at $82,080,955 on Thursday.

Trading averaged 131,016 shares at $1,595,398 compared to 85,388 stocks at $1,492,381 on Thursday and month to date, an average of 157,960 units at $1,441,552 in contrast with 159,473 shares at $1,432,910 on the previous day and September with an average of 592,167 stock units at $8,859,784.

Wisynco Group led trading with 1.97 million shares for 26.9 percent of total volume followed by Wigton Windfarm with 1.61 million units for 21.9 percent of the day’s trade and Sagicor Select Financial Fund with 744,800 stock units for 10.2 percent market share.

The All Jamaican Composite Index declined 1,387.15 points to finish at 355,021.18, the JSE Main Index gained 619.24 points to close at 307,959.14, following the rebound in Guardian Holdings stock price and the JSE Financial Index slipped 0.49 points to wrap up trading at 64.09. The Investor’s Choice bid-offer indicator closed with a fairly balanced position, with eight stocks endi9ng with bids higher than their last selling prices and six with lower offers.

The Main Market ended trading with an average PE Ratio of 14. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.

At the close of the market for the week, AS Bryden skidded 50 cents to end at $34 with c 2,874 stocks crossing the market, Barita Investments gained $1.01 in closing at $75.98 with a transfer of 318 units, Caribbean Cement rose $1 to $69 with 38,256 shares changing hands. Eppley rallied $4.50 and ended at $37.50 after closing with 10 stock units being traded, First Rock Real Estate sank 69 cents to finish at $10.11 in an exchange of 131 shares, GraceKennedy shed 90 cents to close at $73.10 with investors trading 19,186 stock units. Guardian Holdings rebounded with a rise of $14 to $315 after an exchange of 12,365 stocks, after the stock hit an intraday 52 weeks’ low of $270, Jamaica Broilers popped $2.68 in closing at $37.98 in trading 26,859 units and now seems poised to break away for the mid to low $30 price range, Jamaica Producers advanced 72 cents and ended at $20.75 after an exchange of 510 shares. JMMB Group climbed $1.57 to finish at $22.78 trading 29,072 stock units, Massy Holdings rose $2 to end at $77 with 6,874 units crossing the exchange, Sagicor Real Estate Fund fell 51 cents to close at $7.36 after a transfer of 115 stocks. Scotia Group slipped 75 cents to $44.40 with a solid volume of 487,496 shares crossing the market and Sygnus Real Estate Finance climbed 64 cents and ended at $10.65 as investors exchanged 54 stock units.

In the preference segment, Jamaica Public Service 7% increased $5.99 to finish at $45.99 with 112 stocks clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Rising Junior Market stocks outpace decliners


Trading activity closed on the Junior Market of the Jamaica Stock Exchange Friday, with a 153 percent rise in the volume of stocks traded, with 103 percent greater value than Thursday following activity in 44 securities up from 41 on Thursday and ending with prices of 21 rising, including one trading at a 52 weeks’ high, 15 declining and eight closing unchanged.

The market closed with trading of 8,741,694 shares for $17,574,956 up from 3,458,781 units at $8,651,263 on Thursday. Trading averaged 198,675 shares at $399,431 compared with 84,361 units at $211,006 on Thursday with the month to date, averaging 159,167 units at $337,492 compared to 156,879 stock units at $333,906 on the previous day and September with an average of 419,421 units at $774,292.

EduFocal led trading with 2.42 million shares for 27.7 percent of total volume followed by Jamaican Teas with 811,556 units for 9.3 percent of the day’s trade and Regency Petroleum with 784,324 stock units for 9 percent market share.

At the close of trading, the Junior Market Index dipped 8.07 points to wrap up trading at 3,686.41. The market closed with a slight bias to the downside, with the Investor’s Choice bid-offer indicator showing just two stocks ending with bids higher than their last selling prices and three with lower offers.

The Junior Market ended trading with an average PE Ratio of 12, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.

At the close, Access Financial gained 50 cents to finish at $18.50 after an exchange of 6,360 stocks, Caribbean Assurance Brokers climbed 25 cents and ended at $3.06 in trading 6,500 units, Caribbean Cream lost 28 cents to $3.17 after an exchange of 67 shares. Dolphin Cove shed 10 cents in closing at $20.40 with investors dealing in 27,386 stock units, Everything Fresh rose 8 cents to end at $2.48 after a transfer of 228 shares, Express Catering dropped 8 cents to close at $3.22 as investors exchanged 20,387 stock units. Future Energy rallied 22 cents to $3.78 and closed with 470,864 units changing hands, GWest Corporation fell 7 cents and ended at 90 cents with investors trading 95,617 stocks, Indies Pharma skidded 12 cents to finish at $2.83 in an exchange of 767,844 units.  Iron Rock Insurance popped 80 cents in closing at a 52 weeks; high of $4.80 with 67,100 stocks changing hands, JFP Ltd advanced 7 cents to end at 94 cents in an exchange of 158,867 shares, Knutsford Express gained $1.21 to close at $11.64 with 1,286 stock units crossing the market. Limners and Bards sank 8 cents to $1.36 with a transfer of 16,815 shares, Mailpac Group rose 10 cents in closing at $2.40 with 339,560 units crossing the exchange, Main Event advanced 38 cents to end at $11.20 after trading 1,814 stocks. Medical Disposables dipped 7 cents to finish at $1.83 with 275 stock units crossing the market, MFS Capital Partners sank 8 cents and ended at 68 cents with investors trading 126,475 shares and tTech popped 9 cents to close at $2.11 after 1,300 stocks passed through the market.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

More losses for attractive Trinidad stocks


The Trinidad and Tobago Stock Exchange closed the week with just 2 points lost in the major market indices but with prices of 10 stocks falling and six rising following last week that ended with 7 stocks rising and 5 declining. Guardian Holdings, One Caribbean Media and Republic Financial closed on Friday at 52 weeks’ lows.
Trading left the PE ratios of the majority of stocks to be very attractive with big upside gains ahead.

The average PE ratio of the market is 10.7 compared to 5.4 based on the current year’s earnings. The huge difference between the two shows the undervalued level of the market currently is and the extent of the upside that lies ahead.

The only winning stocks of note for the week is Scotiabank up 35 cents to $56.35. Ansa McAl gave up the $2.79 gained last week to close at $60. Angostura Holdings lost 50 cents to end at $16 and West Indian Tobacco fell 35 cent to $6.15, a 52 weeks’ low.

Several stocks could gain more than 100 percent when the market comes back to life, these include, First Caribbean with a possible gain of 250 percent, Guardian Holdings at 500 percent, Republic Holdings at 120 percent, Massy Holdings at 120 percent, Trinidad Cement with 270 percent, Eric Solis 400 percent and One Caribbean Media with 300 percent.

Trinidad Exchange weighted down by selling

Stocks ended with mostly losses on the Trinidad and Tobago Stock Exchange on Friday, with the volume of stocks traded declining 76 percent compared to Thursday, with a 22 percent greater value and resulting in 17 securities trading similar to Thursday and ended with prices of three stocks rising, seven declining including three that closed at 52 weeks’ lows and seven ended firm.

The market closed with trading of 220,060 shares valued $6,419,504 compared with 926,597 stock units at $5,261,776 on Thursday. At the close, an average of 12,945 shares were traded at $377,618 compared with 54,506 units at $309,516 on Thursday, with trading for the month to date averaging 42,460 shares at $325,395 compared to 44,227 units at $325,395 on the previous day and an average for September of 19,319 shares at $151,318.

The Composite Index shed 4.02 points to land at 1,040.64, the All T&T Index skidded 6.76 points to 1,556.05, the SME Index remained unchanged at 88.01 and the Cross-Listed Index skidded 0.15 points to 68.46.

The Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and four with lower offers.

At the close, Agostini’s ended at $62.45 with 3,012 shares crossing the market, Ansa McAl remained at $60 in an exchange of 1,127 stocks, First Citizens Group rallied 7 cents to end at $40.47 with an exchange of 113,580 stock units. FirstCaribbean International Bank increased 1 cent in closing at $7.06 with 49 stock units crossing the exchange, GraceKennedy dropped 5 cents to finish at $3.60 with investors dealing in 1,843 shares, Guardian Holdings lost $1.25 and ended at a 52 weeks’ low of $13.25 after 5,000 stocks passed through the market. Guardian Media ended at $1.40 with an exchange of 857 units, JMMB Group slipped 6 cents to end at $1 with 389 stock units clearing the market, Massy Holdings fell 9 cents in closing at $3.56 with traders dealing in 61,007 shares. National Enterprises remained at $2.85 with 7,532 stocks crossing the market, One Caribbean Media declined 24 cents to finish at a 52 weeks’ low of $2.91 with investors trading 850 units, Prestige Holdings ended at $10.50 after a transfer of 285 stock units. Republic Financial sank 5 cents to end at a 52 weeks’ low of $111.95 after 10,515 shares, were traded, Scotiabank remained at $56.35 with an exchange of 65 stock units, Trinidad & Tobago NGL dipped 25 cents and ended at $4.75 after 11,289 units were traded. Unilever Caribbean ended at $10.25 with a transfer of 1,097 stocks and West Indian Tobacco popped 15 cents in closing at $6.15 after an exchange of 1,563 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Main Market plunged on Jamaica Stock Exchange


Trading volume dropped a sharp 59 percent on Thursday as the flow of funds passing through the market jumped 41 percent over trading on the prior day, at the close of the Jamaica Stock Exchange Main Market, resulting from activities in 55 securities down from 58 on Wednesday, with prices of 13 rising, 28 declining and 14 ending unchanged as the JSE Main Index dived 4,183.75 points to 307,339.90.
The market closed with trading of 4,696,332 shares for $82,080,955 compared with 11,422,541 units at $58,122,200 on Wednesday. Trading ended with an average of 85,388 shares at $1,492,381 compared to 196,940 stocks at $1,002,107 on Wednesday and for the month to date an average of 159,473 shares at an average value of $1,432,91 compared with 163,799 shares at $1,429,438 on the prior day and September with an average of 592,167 stocks at $8,859,784. 
Jamaica Broilers led trading with 1.27 million shares for 27 percent of total volume followed by Transjamaican Highway with 735,129 units for 15.7 percent of the day’s trade and Wigton Windfarm with 628,302 stock units for 13.4 percent market share.

The All Jamaican Composite Index rose 115.21 points to finish at 356,408.33 and the JSE Financial Index shed 0.61 points to end at 64.58. The Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 14.1.The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.

At the close of a lacklustre day of trading, AS Bryden declined 99 cents and ended at $34.50 in the trading of 1,490 shares, Caribbean Cement sank 98 cents to $68 with 2,305 stocks changing hands, Eppley dropped $4 to close at $33 in an exchange of 2,769 shares. Eppley Caribbean Property Fund shed $3.89 to finish at $38.01 with 1,009 stock units crossing the market, Guardian Holdings fell $13.99 in closing at $301 after trading of 7 shares, Jamaica Broilers skidded $1.45 to end at $35.30 after an exchange of 1,267,657 stocks. Jamaica Producers sank 72 cents to $20.03 with a transfer of 5,724 units, Jamaica Stock Exchange dipped 51 cents and ended at $10.13 with investors dealing in 931 stock units, JMMB Group lost $1.69 to finish at $21.21 with 9,772 shares crossing the exchange. Massy Holdings slipped $3 to close at $75 with investors swapping 25,040 units, after hitting a intraday 52 weeks’ low of $65. Mayberry Group increased 84 cents in closing at $8.10 after 2,779 stocks passed through the market, Mayberry Jamaican Equities fell $1.25 to end at $9 after a transfer of 129,859 stock units. NCB Financial skidded 99 cents to $52 with 356,556 shares crossing the market, Scotia Group climbed $1 in closing at $45.15 as investors exchanged 16,206 stocks, Seprod popped $1.50 to end at $83 after closing with 1,641 units changing hands. Sygnus Credit Investments sank 68 cents and ended at $11.30 with investors trading 113,891 stock units and Sygnus Real Estate Finance slipped 72 cents to close at $10.01 in switching ownership of 251 shares.

In the preference segment, Jamaica Public Service 7% sank $5.99 to finish at $40 with 285 stocks clearing the market and Sygnus Credit Investments C10.5% declined 40 cents and ended at $104.60 with investors trading 1,017 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Rising Junior Market stocks edged losers

Rising stocks edged out those declining on a 4 to 3 basis at the close of trading activity on the Junior Market of the Jamaica Stock Exchange on Thursday, following a mild slippage in the volume of stocks traded and ended with a 28 percent greater value than on Wednesday resulting from trading in 41 securities down from 48 on Wednesday and ending with prices of 16 rising, 12 declining and 13 closing unchanged.

The market closed with trading of 3,458,781 shares for $8,651,263 compared with 3,575,600 units at $6,737,028 on Wednesday.

Trading averaged 84,361 shares for $211,006 compared to 74,492 stock units for $140,355 on Wednesday with the month to date, averaging 156,879 units at $333,906 compared to 161,015 stock units at $340,914 on the previous day and September with an average of 419,421 shares at $774,292.

Stationery and Office Supplies led trading with 1.01 million shares for 29.2 percent of total volume followed by Omni Industries with 430,226 units for 12.4 percent of the day’s trade and One Great Studio with 327,803 stock units for 9.5 percent market share.

At the close of trading, the Junior Market Index fell 19.09 points to end at
 3,694.48.

The Junior Market ended trading with an average PE Ratio of 11.9, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending  August 2025.

Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two with lower offers.

At the close, of trading Access Financial sank 70 cents to close at $18 as investors exchanged 100 shares, Cargo Handlers increased 55 cents to $12.39 with 3,102 stocks changing hands, Caribbean Assurance Brokers shed 69 cents in closing at $2.81 with investors swapping just 850 shares, with the stock having minimal buying interest currently. Dolla Financial climbed 7 cents to end at $3.45 with an exchange of 320,455 stock units, Dolphin Cove dropped 48 cents and ended at $20.50 closed after 127,693 shares changed hands, Everything Fresh sank 9 cents to finish at $2.40, with 5,539 stocks crossing the exchange. Express Catering rose 8 cents to $3.30 in switching ownership of 3,993 units, Jamaican Teas advanced 9 cents to finish at $2.36 with investors dealing in 16,186 stock units, Jetcon Corporation popped 11 cents and ended at $1.16 in an exchange of 1,709 shares. KLE Group skidded 23 cents to close at $1.09 with 121 stocks clearing the market, Limners and Bards gained 8 cents in closing at $1.44 with investors trading 97 units, Main Event lost 50 cents to end at $10.82 after an exchange of 17,210 stock units. Spur Tree Spices slipped 11 cents to $1.87 with a transfer of 63,585 shares and Tropical Battery rallied 16 cents to finish at $2.46 with trading of 27,702 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Rising prices hit Trinidad Exchange

Trading picked up and resulted in a sharp 176 percent jump in the volume of stocks traded on Thursday with the value surging 169 percent over that on Wednesday at the close of the Trinidad and Tobago Stock Exchange and resulted in activities in 17 stocks up from 11 on Wednesday and ending with prices of eight stocks rising, two declining and seven ending firm.

The market closed with trading of 926,597 shares up from $5,261,776 compared to 335,330 stock units at $1,958,847 on Wednesday.

An average of 54,506 shares were traded at $309,516 up from 30,485 stocks at $178,077 on Wednesday, with trading for the month to date averaging 44,227 shares with an average value of $322,269, up from 43,573 units at $323,081 on the previous day and an average for September of 19,319 shares at $151,318.

The Composite Index rallied 7.59 points to close at 1,044.66, the All T&T Index rose 8.16 points to end the day at 1,562.81, the SME Index remained at 88.01 and the Cross-Listed Index advanced 0.98 points to conclude trading at 68.61.

Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and four with lower offers.

At the close, Agostini’s ended at $62.45 with investors dealing in 510 stock units, Angostura Holdings remained at $16, with 14,500 shares clearing the market, Ansa McAl remained at $60 with investors trading 483 stocks. First Citizens Group ended at $40.40 with an exchange of 31,700 units, GraceKennedy rallied 5 cents to end at $3.65 with 1,436 stocks changing hands, Guardian Holdings increased $1.24 in closing at $14.50 with investors trading 2,000 units. Massy Holdings climbed 15 cents to $3.65 in switching ownership of 761,573 shares, National Enterprises fell 8 cents to finish at $2.85 with traders dealing in 19,650 stock units, Flour Mills rose 11 cents and ended at $1.80 with 4,150 shares crossing the market. NCB Financial advanced 20 cents to close at $2.50 after an exchange of 3,000 units, One Caribbean Media popped 15 cents to end at $3.15 after 4,750 stocks passed through the market, Prestige Holdings ended at $10.50 as investors exchanged 58,251 stock units. Republic Financial gained 20 cents to $112 with 1,092 shares crossing the market, Scotiabank remained at $56.35 in an exchange of 25 stock units, Trinidad & Tobago NGL rose 27 cents to close at $5 with 4,500 units changing hands. Trinidad Cement shed 6 cents and ended at $2.79 after 475 stocks crossed the exchange and West Indian Tobacco ended at $6 after investors ended trading 18,502 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.