Trading jumped sharply at the close of the Jamaica Stock Exchange Junior Market Monday, with the volume of stocks traded rising 201 percent and the value jumping 301 percent higher than on Friday. The market Index to rise 33.71 points to settle at a record close of 4,485.33 after the market hit a record intraday high of 4,523.62 points at the commencement of trading.
Market activity led to 43 securities trading compared to 44 on Friday and ended with 14 rising, 21 declining and eight closing unchanged.
The PE Ratio, a measure of computing appropriate stock values, averages 14.4. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial years closing up to the end of August 2023.
Overall, 31,884,375 shares traded for $188,460,185, up from 10,594,910 units at $46,967,519 on the Friday. Future Energy Source led trading with 20.95 million shares accounting for 65.7 percent of total volume, followed by EduFocal with 2.11 million units for 6.6 percent of the day’s trade. Tropical Battery ended with 1.79 million units for 5.6 percent market share and Spur Tree Spices traded 1.21 million units changing hands for 3.8 percent market share.
Trading averaged 741,497 shares at $4,382,795, up from 240,793 shares at $1,067,444 on Friday with month to date. April closed with an average of 449,923 units at $1,781,786.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial rose 47 cents to end at $21.50 with the swapping of 3,718 shares, AMG Packaging lost 25 cents to $3.55 after finishing trading of 216,517 stock units, CAC 2000 declined 90 cents in closing at $6.10 with an exchange of 63,741 stocks. Fosrich surged $5.60 to a record close of $33.60, trading 876,728 units, Future Energy Source gained 50 cents to close at $6.50 after ab exchange of 20,948,044 stocks, iCreate popped 43 cents in closing at a record high of $3.48 in trading 935,802 stock units. Iron Rock Insurance increased 39 cents after ending at $3.60, with 131 shares changing hands, Jamaican Teas climbed 15 cents to $3.75 in switching ownership of 350,251 units, Jetcon Corporation advanced 21 cents to close at $1.84 in an exchange of 444,411 shares. 
Lasco Manufacturing rallied 33 cents to end at $5.58 after exchanging 20,611 units, Spur Tree Spices fell 18 cents in closing at $4.07 after an exchange of 1,206,504 stocks and Stationery and Office Supplies gained 20 cents to end at $9.50, with 14,980 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big gains for several ICTOP10 stocks
With just one third of 2022 elapsing, it is an excellent time to look at what the markets and ICInsider.com forecast have done. The Junior Market gained 29.85 percent to the end of April, or half of the entire year forecast of 60 percent, made at the start of the year and in the process, the market has surpassed the 29.7 percent gains it achieved in 2021 for the entire year.
The Main Market that ICInsider.com forecast to deliver a 14 percent rise for the year struggles to break from consolidation so far, with a rise of just 4.8 for the four months to April and is consistent with a 14 percent increase for the year. It is quite likely that the market PE could climb closer to a PE of 18, which will push the annual gains to around 30 percent if the financial stocks show good increases in profit for the year. That is a very likely situation as the hike in interest rates is driving net interest income sharply upwards.
At the beginning of the year, ICInsider.com stated, “the market is technically at a support level that is steering the index upwards. More importantly, it is caught in a triangular formation setting to push the market sharply upwards once it breaks out, which is not far off. The market is trading in a channel that goes back to May 2020, pointing to a record high of over 4,000 points in a few months.” So far, the above forecast is spot on.
In addition to the Top15 selection for each market at the start of the year, we added a few stocks. There were nine winning stocks with good gains. The list includes AMG Packaging 73 percent, Dolphin Cove 47 percent, Elite up 26 percent, Everything Fresh 83 percent, iCreate 263 percent, Jetcon 75 percent, Spur Tree Spices 215 percent, Stationery and Office Supplies 46 percent and Tropical Batteries up 124 percent for the year to date and up 64 percent since ICInsider.com added it was added to the TOP10 on February 25. Caribbean Cream, down 7 percent, is the only Junior Market stock selection to fall.
The big TOP15 winners for the Main Market are Caribbean Producers, up 42 percent, Jamaica Stock Exchange at 22 percent, JMMB Group at 16 percent and Proven at 14 percent. Berger Paints, down 7 percent, Jamaica Broilers, with a fall of 3 percent and Scotia Group, down one percent, are the only losers in this segment.
For the week, the only new listing to TOP10 is tTech replacing Jetcon, that held on to a gain of 16 percent to top the ICTOP10 Junior Market movers and dropped out of the TOP10, followed by Medical Disposables with 14 percent after a block of shares that was overhanging the market was taken out by buyers. AMG Packaging rose 9 percent, Caribbean Cream rose 6 percent and Caribbean Assurance Brokers shed 9 percent.
In the Main Market, Sygnus Credit Investments rose 8 percent to end at $16.48 and Caribbean Cement gained 6 percent to close at $75.18.
The average PE for the JSE Main Market TOP 10 ends the week at 6.2, well below the market average of 15, while the Junior Market PE for the Top 10 sits at 6.1 versus the market at 14.2. The Junior Market TOP10 is projected to gain an average of 239 percent to May 2023 and the Main Market 197 percent.
ICTOP10 focuses on likely yearly winners, accordingly, the list may or may not include the best companies in the market. ICInsider.com ranks stocks based on projected earnings to highlight winners from the rest, allowing investors to focus on potential winning stocks and helping to remove emotional attachments to stocks that often result in costly mistakes.
IC TOP10 stocks are likely to deliver the best returns up to the end of May 2023. They are ranked in order of potential gains, based on the possible increase for each company, considering the earnings and PE ratios for the current fiscal year. Expected values will change as stock prices fluctuate and result 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.
JSE Main Market ends April with gains
Market activity ended on the Jamaica Stock Exchange Main Market on Friday, with the volume of shares trading rising 51 percent with a 290 percent higher consideration than on Thursday and closed with rising stocks exceeding those declining.
The All Jamaican Composite Index rose 608.23 points to end at 459,174.28, the JSE Main Index gained 658.02 points to close at 401,858.38 and the JSE Financial Index added 0.36 points to settle at 94.68.
Trading ended with 58 securities against 57 on Thursday, with 28 rising, 18 declining and 12 ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15. The JSE Main and USD Market PE ratios are computed based on ICInsider.com’s forecasted earnings for companies with financial years ending up to the close of August 2023.
Overall, 15,475,154 shares were exchanged for $415,509,572 versus 10,243,525 units at $106,618,802 on Thursday. Productive Business Solutions 9.75% Preference share led trading with 2.88 million shares for 18.6 percent of total volume, followed by Wigton Windfarm with 2.71 million units for 17.5 percent of the day’s trade, QWI Investments with 2.06 million units for 13.3 percent market share, Transjamaican Highway with 1.75 million units for 11.3 percent market share and Sagicor Select Financial Fund with 1.40 million units for 9 percent market share.
Trading averages 266,813 units at $7,163,958, compared to 179,711 shares at $1,870,505 on Thursday and month to date, an average of 532,209 units at $5,709,319, compared to 547,329 units at $5,626,441 on the previous trading day. March closed with an average of 610,787 units at $6,967,031.
Investor’s Choice bid-offer indicator shows 13 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Caribbean Cement climbed $4.18 after ending at $75.18 with the swapping of 90,129 shares, Eppley fell 60 cents to $39, with 4,468 stocks crossing the market, Eppley Caribbean Property Fund gained $4 in closing at $46 after switching ownership of 406 units. GraceKennedy declined $1.98 to end at $105.02 in trading 159,168 stock units, Jamaica Broilers rose 69 cents to close at $28.99 with 31,681 stocks clearing the market, Jamaica Stock Exchange dropped $1 to end at $22 after trading 15,821 shares. JMMB Group shed $1.64 to end at $45.86 in an exchange of 245,642 stock units, Kingston Properties rallied $1.26 in closing at $8.76 in trading 45,860 units, Kingston Wharves advanced $1 to $41.50, with 11,413 shares crossing the exchange. Mayberry Jamaican Equities popped 81 cents to close at $12.19 after exchanging 69,283 stocks, NCB Financial increased $4.29 in closing at $114.30 after trading 54,958 stock units, PanJam Investment advanced 75 cents to close at $66.05 with an exchange of 103,511 units. Proven Investments climbed 75 cents to $36.50 while trading 38,114 shares, Radio Jamaica rose 32 cents to end at $3.07, with 435,979 units changing hands, Sagicor Group popped 69 cents to $57.49 after 35,078 stock units crossed the market. 
Seprod jumped $4.08 to end at $62.09 while exchanging 35,510 stocks, Supreme Ventures lost $1.50 to end at $27.50 in exchanging 700,929 units, Sygnus Credit Investments rallied 91 cents to close at $16.48 in trading 116,481 stocks and Wisynco Group shed $1.50 to close at $23 in switching ownership of 144,718 stock units.
In the preference segment, Eppley 7.50% preference share lost 80 cents in closing at $7 after an exchange of 552 shares, Jamaica Public Service 9.5% gained $397.50 while ending at $3047.50 after exchanging 44 stock units and Productive Business Solutions 9.75% Preference share declined $18 in closing at $102 while trading 2,877,625 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market ends April up
The JSE US Denominated Equities Index gained 1.35 points to end at 226.55.At the close, First Rock Capital USD share gained 0.05 of a cent to 7.95 US cents in switching ownership of 2,484 shares,
Margaritaville closed at 16 US cents after 133 units were traded, MPC Caribbean Clean Energy remained at US$1.26, with two stock units crossing the market. Productive Business Solutions traded 17 stocks at US$1.19, Proven Investments popped 1.68 cents to 25.99 US cents with 5,357 shares changing hands, Sygnus Credit Investments USD share ended at 12.9 US cents in an exchange of 27 stock units and Sygnus Real Estate Finance USD share increased 0.89 of a cent to close at 14.69 US cents with an exchange of 4,150 units.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market 29.8% gains beat 2021
The Jamaica Stock Exchange Junior Market hit a new closing high on Friday after ending at record highs for eight of the past nine trading days. At the close, the Junior Market Index climbed 42.27 points to settle at a record close of 4,451.62, up 29.85 percent for the year to date, thus surpassing the 29.7 percent rise for the entire 2021.
Trading ended on Friday with an exchange of 44 securities down from 45 on Thursday and finished with 20 rising, 18 declining and six were unchanged.
The PE Ratio, a measure for computing appropriate stock values, averages 14.2. The Junior Market PE ratios incorporate ICInsider.com projected earnings for companies with financial years closing up to the end of August 2023.
Volume of stocks traded fell 77 percent and the value dropped 79 percent from Thursday levels, with 10,594,910 shares traded for $46,967,519 compared to 46,371,367 units at $228,300,279 on Thursday. Lasco Manufacturing led trading with 2 million shares for 18.9 percent of total volume, followed by Future Energy Source with 1.08 million units for 10.2 percent of the day’s trade and Derrimon Trading with 1.01 million units for 9.5 percent market share.
Trading averaged 240,793 shares at $1,067,444 in contrast to 1,030,475 shares at $5,073,340 on Thursday with month to date, averaging 449,923 units at $1,781,786 compared to 461,796 units at $1,822,342 on the previous trading day. March closed with an average of 719,276 units at $2,636,802.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Access Financial rose 83 cents to $21.03, with 4,393 shares clearing the market, AMG Packaging popped 24 cents to $3.80, trading 52,828 units, CAC 2000 rallied 40 cents to end at $7 after exchanging 6,371 stocks. Cargo Handlers advanced $2.09 to close at $12.25 after 11,280 stock units changed hands, Dolphin Cove dropped 48 cents to $22 in trading 14,442 stocks, Express Catering climbed 16 cents to close at $6.16, with 18,272 units crossing the market. Fontana gained 34 cents in closing at $11.29 with the swapping of 352,809 stock units, General Accident increased 41 cents to end at $6.40 while exchanging 12,585 shares, Indies Pharma declined 14 cents to $3.15, with 110,478 stock units changing hands. Jetcon Corporation shed 12 cents in ending at $1.63, with 339,723 shares crossing the market, Lasco Manufacturing fell 45 cents to close at $5.25 after switching ownership of 2,001,922 stocks, Medical Disposables rallied 39 cents in closing at $6.89 with 15,015 units changing hands. 
Paramount Trading climbed 28 cents to end at $2.04 with an exchange of 151,045 shares, Spur Tree Spices lost 20 cents after finishing at $4.25 in exchanging 941,724 stock units, SSL Venture rose 15 cents to $1.75 after trading 50,512 units. Stationery and Office Supplies declined 35 cents to end at $9.30 in an exchange of 89,056 stocks, Tropical Battery shed 14 cents in ending at $2.85, with 647,853 stocks crossing the exchange and tTech fell 33 cents to close at $3.76 after exchanging 103,068 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Falling stocks dominate trading Friday
Stocks fell across the market on the Trinidad and Tobago Stock Exchange on Friday, with nine declining and only one rising after 20 securities traded compared to 19 on Thursday and leaving ten unchanged after the volume of stocks trading jumped 160 percent with 159 percent higher consideration than on Thursday.
The Composite Index dipped 2.31 points to 1,436.14, the All T&T Index fell 4.07 points to close at 2,072.66 and the Cross-Listed Index lost 0.06 points to settle at 105.73.
A total of 1,350,647 shares traded for $13,815,569 compared to 518,869 units at $5,342,898 on Thursday. An average of 67,532 units traded at $690,778 compared to 27,309 shares at $281,205 on Thursday, with trading month to date averaging 43,127 units at $458,896 versus 41,708 units at $445,414. The average trade for March amounts to 36,197 units at $438,630.
Investor’s Choice bid-offer indicator shows one stock ended with the closing bid higher than the last selling price and one with a lower offer.
At the close, Agostini’s lost 51 cents in closing at $47, with 502 shares changing hands, Angostura Holdings dropped 5 cents to end at $22.95, with 85 stocks clearing the market, Ansa Merchant Bank ended unchanged at $45 with the swapping of 40 units. Clico Investment Fund remained at $29.75 in exchanging 67,387 stock units, First Citizens Group declined 9 cents to $52.01 in switching ownership of 1,701 shares, GraceKennedy finished at $6 while exchanging 938,856 stock units. 
Guardian Holdings rallied $2.19 to close at $28.30, with 50,939 units crossing the market, Guardian Media remained at $3.20 in an exchange of just one stock unit, JMMB Group ended unchanged at $2.54 after exchanging 7,947 stocks. L.J. Williams B share fell 20 cents to $1.77 after an exchange of 10,000 units, Massy Holdings shed 11 cents to end at $5.10 after trading 109,063 shares, National Enterprises finished at $2.95 after 300 stock units changed hands. NCB Financial Group fell 5 cents to $6.05 after 53,039 units crossed the market, Prestige Holdings remained at $7.10 in trading 1,350 stocks, Republic Financial Holdings declined $1 in closing at $140 with 3,091 stock units changing hands. Scotiabank finished at $81, trading 25,911 shares, Trinidad & Tobago NGL dropped 3 cents to $20.57 after exchanging 9,597 stock units, Trinidad Cement lost 8 cents to $3.88, with 25,000 shares changing hands. Unilever Caribbean ended unchanged at $16.15 after trading 25,838 stocks and West Indian Tobacco finished at $23.85 in trading 20,000 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rally for JSE Main Market
Activity ended on the Jamaica Stock Exchange Main Market on Wednesday, with the volume of stocks traded declining 12 percent and the value 131 percent more than on Tuesday as stocks declining exceeded those rising.
The All Jamaican Composite Index rose 2,293.01 points to 458,821.97, the JSE Main Index rallied 1,632.06 points to end at 401,425.56 and the JSE Financial Index lost 0.62 points to settle at 94.04.
Trading ended with 58 securities versus 59 on Tuesday, with 22 rising, 23 declining and 13 unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15.2. The JSE Main and USD Market PE ratios are computed based on ICInsider.com’s forecasted earnings for companies with financial years ending up to August 2023.
Overall, 11,782,128 shares were traded for $388,157,374 versus 13,458,702 units at $167,729,641 on Tuesday. Productive Business Solutions 9.75% Preference share led trading with 2.88 million shares for 24.4 percent of total volume, followed by Transjamaican Highway with 2.33 million units for 19.8 percent of the day’s trade, Wigton Windfarm with 1.16 million units for 9.8 percent market share and Supreme Ventures with 1.10 million units for 9.3 percent market share.
Trading averages 203,140 units at $6,692,369, compared to 228,120 shares at $2,842,875 on Tuesday and month to date, an average of 241,594 units at $4,975,252, compared to 261,512 units at $4,086,031 on the previous trading day. April closed with an average of 532,209 units at $5,709,319.
Investor’s Choice bid-offer indicator shows 14 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Berger Paints fell $1 in ending at $10 after exchanging 22,941 shares, Caribbean Cement rose $2.56 in closing at $69.71, with 2,840 stocks clearing the market, Caribbean Producers shed 42 cents to close at $18.06 after 245,495 units crossed the market. Eppley declined $2.35 to end at $40.15, with 24 stock units changing hands, Eppley Caribbean Property Fund gained $1.50 to close at $48.50, with an exchange of 3,852 stocks, First Rock Capital dropped $1.61 to close at $11.65 with the swapping of 62,868 stock units. GraceKennedy increased $4 in ending at $111 after 15,712 units changed hands, Guardian Holdings lost $4.20 to $515.85 after exchanging 1,501 shares, Jamaica Producers rose $1.65 in closing at $23.95, with 18,035 stocks crossing the market. Jamaica Stock Exchange lost $1.15 to end at $22.25 in exchanging 25,044 units, JMMB Group climbed $2.50 to $47.90 while exchanging 122,925 stock units, Kingston Wharves popped $1.50 to close at $40 in switching ownership of 5,583 shares. Massy Holdings fell 30 cents to $98.70 in trading 3,935 units, Mayberry Investments rallied 50 cents to $9.25 in an exchange of 160,607 shares, MPC Caribbean Clean Energy dropped $1 in closing at $101 after trading 500 stocks. NCB Financial declined $7.70 to end at $106.40 after trading 33,801 stock units, Palace Amusement shed $14.83 to $1000.17, with 33 shares crossing the exchange, Proven Investments advanced 99 cents to close at $37.99, with 30,660 stock units crossing the exchange. 
Sagicor Group shed 97 cents in closing at $57 after trading 12,371 units, Scotia Group declined $1.13 to $35 trading 48,867 stocks, Seprod rose $4.70 to $63 in an exchange of 44,160 stocks before the release that the company is to acquire AS Bryden group based in Trinidad and Tobago. Supreme Ventures rallied $1.50 in ending at $30, with 1,096,408 stock units crossing the market, Sygnus Real Estate Finance fell $2.45 in closing at $15.60 after trading 835 shares and Wisynco Group lost 65 cents to close at $24.20 with 112,378 units clearing the market.
In the preference segment, Eppley 5% preference share dropped $1.15 to end at $19.85, with 799 shares crossing the market, JMMB Group 7.25% preference share gained 30 cents to end at $3.49 after exchanging 1,562 stocks and Productive Business Solutions 9.75% preference share shed $9.45 in closing at $108.25 while trading 2,877,023 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Recovery for JSE USD Market
Trading on Thursday, ended the Jamaica Stock Exchange US dollar market, with the volume and value of shares changing hands rising by 2,008 percent and 169 percent respectively higher than on Wednesday, resulting in more stocks rising than falling.
A total of 10 securities traded, up from five on Wednesday, with five rising, two declining and three ending unchanged.
The JSE US Denominated Equities Index rose 11.21 points to end at 225.20.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.7. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending, up to the end of August 2023.
A total of 1,085,520 shares were traded, for US$33,620 compared to 51,502 units at US$12,484 on Wednesday. Trading averaged 108,552 units at US$3,362, compared to 10,300 shares at US$2,497 on Wednesday, with the month to date average of 100,814 shares at US$4,134 versus 100,209 units at US$4,194 on the previous day. March ended with an average of 59,258 units for US$6,669.
Investor’s Choice bid-offer indicator shows two stocks ended with a bid higher than the last selling prices and two with lower offers.
At the close, First Rock Capital USD share remained at 7.9 US cents after 75 shares crossed the market, Margaritaville ended unchanged at 16 US cents with the swapping of 24 stocks, Productive Business Solutions rallied 16 cents to US$1.19, with 410 stock units clearing the market. 
Proven Investments popped 0.2 of a cent to close at 24.31 US cents in switching ownership of 12,818 units, Sterling Investments increased 0.1 of one cent in closing at 2.2 US cents in trading 143 shares, Sygnus Credit Investments USD share finished at 12.9 US cents while exchanging 12,045 units. Sygnus Real Estate Finance USD share gained 1.73 cents to end at 13.8 US cents in trading 130 stocks and Transjamaican Highway fell 0.07 of a cent to close at 0.99 of one US cent, with 1,042,640 shares changing hands.
In the preference segment, Eppley 6% preference share advanced 14.4 cents to US$1.104 in exchanging 2,000 stock units and JMMB Group 6% lost 0.99 of one cent in ending at 99.01 US cents after trading 15,235 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
4,409 new record close for Junior Market
The Junior Market of the Jamaica Stock Exchange traded at a record high on Thursday, with the Market Index rising 9.79 points to close at over the 4,400 for the first time to settle at 4,409.35 after moving as high as 4,457.02 points in the early trading session. Trading closed with the volume of stocks trading rising 192 percent over Wednesday as the funds chasing stocks rose 280 percent.
A new record high for the JSE Junior Market.
The market closed with all 45 securities trading, up from 43 on Wednesday and rising and declining stocks numbering 19 each, with seven unchanged.
The PE Ratio, a measure in computing appropriate stock values, averages 14. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial years closing up to the end of August 2023.
Overall, 46,371,367 shares traded for $228,300,279 up from 15,885,401 units at $60,086,622 on the Wednesday. Express Catering led trading with 34.22 million shares for 73.8 percent of total volume, followed by Derrimon Trading with 2 million units for 4.3 percent of the day’s trade. Future Energy Source ended with 1.75 million units for 3.8 percent market share, Tropical Battery, 1.51 million units for 3.2 percent market share and iCreate with 1.08 million units for 2.3 percent market share.
Trading averaged 1,030,475 shares at $5,073,340, up from 369,428 units costing $1,397,363 on Wednesday, with the month to date, averaging 461,796 units at $1,822,342 versus 426,741 units at $1,621,938 on the previous trading day. Trading in March averaged 719,276 units at $2,636,802.
The Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial dropped $1.30 to close at $20.20, with 24,058 shares clearing the market, AMG Packaging fell 34 cents in closing at $3.56 with the swapping of 29,136 stock units, CAC 2000 rose 60 cents to end at $6.60, 1,668 units crossing the market. Cargo Handlers declined $2.32 to $10.16 in an exchange of 53,171 stocks, Caribbean Assurance Brokers shed 14 cents in ending at $2.60 after 7,236 shares crossed the exchange, Dolphin Cove lost 47 cents to end at $22.48, trading 57,281 units. Everything Fresh increased 12 cents to close at $1.75 in switching ownership of 439,408 stock units, Fosrich declined $1.15 to $28.05 in exchanging 133,446 stocks, Honey Bun fell 37 cents in closing at $9.50, with 4,661 shares changing hands. iCreate gained 46 cents to end at $3.10 after exchanging 1,077,376 stocks, Iron Rock Insurance dropped 29 cents to $3.21 after trading 40,280 units, Jetcon Corporation fell 20 cents to $1.75 trading 186,314 stock units.
Lasco Manufacturing popped 60 cents ending at $5.70 with an exchange of 40,838 units, Medical Disposables lost 50 cents to close at $6.50 after 135,187 stocks changed hands, Paramount Trading shed 22 cents to end at $1.76 while exchanging 552,705 shares. Spur Tree Spices climbed 23 cents to close at a record high of $4.45 after an exchange of 679,715 stock units, SSL Venture dropped 15 cents in ending at $1.60, with 109,215 stocks crossing the market, Stationery and Office Supplies advanced 65 cents to end at $9.65 after 29,964 units crossed the exchange and tTech rallied 19 cents in closing at $4.09 with 10,000 shares traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trinidad stocks rally
Market activity ended on Thursday on the Trinidad and Tobago Stock Exchange and resulted in more stocks rising than falling at the close of trading, declining after the volume of stocks trading dropped 30 percent, with a 25 percent lower value than on Wednesday.
Nineteen securities traded up from 16 on Wednesday, with eight stocks rising, three declining and eight closing unchanged.
The Composite Index rose 4.98 points to 1,438.45, the All T&T Index gained 9.44 points to close at 2,076.73 and the Cross-Listed Index added 0.03 points to end at 105.79.
A total of 518,869 shares traded for $5,342,898 compared to 741,482 units at $7,081,772 on Wednesday. An average of 27,309 units traded at $281,205 down from 46,343 shares at $442,611 on Wednesday, with trading month to date averaging 41,729 units at $445,414 versus 42,550 units at $455,014. The average trade for March amounts to 36,197 units at $438,630.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than their last selling prices and three stocks with lower offers.
At the close, Agostini’s declined 49 cents to end at $47.51 with the swapping of 1,021 shares, Angostura Holdings finished at $23 after 625 stocks crossed the market, Ansa McAl advanced 60 cents to $57.60 in switching ownership of 342 units. Clico Investment Fund gained 25 cents to $29.75 in trading 71,772 stock units First Citizens Group fell 90 cents in closing at $52.10 after exchanging 985 units, GraceKennedy ended unchanged at $6 after trading 45,224 stocks. 
Guardian Holdings closed at $26.11, with 33 shares crossing the exchange, JMMB Group climbed 4 cents to $2.54 in exchanging 129,750 stock units, Massy Holdings rose 16 cents to $5.21 after 75,663 shares changed hands. National Flour Mills remained at $1.80 in exchanging 650 stocks, NCB Financial Group ended at $6.10, with 38,961 stock units changing hands, One Caribbean Media shed 15 cents in closing at $4 after trading 3,000 units. Prestige Holdings finished at $7.10 exchanging 538 shares, Republic Financial Holdings rallied $1 to $141 with an exchange of 254 stock units, Scotiabank remained at $81, with 3,048 units clearing the market. Trinidad & Tobago NGL increased 3 cents to close at $20.60 while exchanging 9,616 stocks, Trinidad Cement popped 36 cents to $3.96, with 75,016 units changing hands, Unilever Caribbean ended at $16.15 after trading 53,813 shares and West Indian Tobaccogained 50 cents ending at $23.85, with 8,558 stocks clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
