Emerging markets — Page 722

JSE main market ends down on Monday

June 26, 2017 by IC Insider.com

Trading in the main market of the Jamaica Stock Exchange closed on Monday with a number of stocks declining out pacing those rising. The volume and value of stocks trading declined compared to that on Friday and the market indices trended lower.
The All Jamaica Composite Index declined 165.52 points to close at 258,454.14, the JSE Market Index fell 150.81 points to 235,480.98 and the JSE US dollar market index gained 3.32 points to close at 187.33.
At the close of trading, 23 securities changed hands in the main market, plus one bond and 1 stock in the US dollar market traded leading to 7 stocks advancing and 12 declining. Trading in the main market ended with 1,709,564 units valued at $44,534,888 changing hands compared to 2,161,083 units valued at $46,263,769 at the close on Friday. Trading in the US dollar market accounted for 203,960 units valued at US$48,949 and the bond market had 425,000 units trading at $42,500,000.
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 6 stocks with bids higher than their last selling prices and 4 with lower offers.
The main market ended trading with an average of 74,329 units valued at a mere $1,781,396 for every security traded compared to an average of 77,182 units valued at a mere $5,040,005 on Monday. The average volume and value for the month to date ended at 252,609 units with an average value of $4,365,119 compared with an average of 263,096 units with an average value of $4,517,103 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Berger Paints recovered $2.25 of last weeks’ losses to close at $14.30, while trading 27,337 shares, Cable and Wireless added 1 cent to close at $1.13, with 42,747 stock units changing owners, Caribbean Cement closed at $25, with a loss of $1 exchanging 144,428 shares, Carreras traded $1.80 higher to close at $86.80, with an exchange of 5,259 units, Grace Kennedy closed at $41, losing 50 cents with trades of 243,861 units, Jamaica Broilers closed at $17.51, with a loss of 49 cents trading 375,624 shares, Jamaica Producers exchanged 50,500 units to close at $16. Jamaica Stock Exchange closed at $7 trading 31,599 shares, JMMB Group lost 3 cents to close at $19.97, with 19,674 units trading, Kingston Properties closed at $9.95 losing 5 cents exchanging 2,000 shares, Kingston Wharves jumped $4 higher to close at $30 trading 3,402 shares. Mayberry Investments closed at $5, losing 19 cents with 2,000 shares traded, NCB Financial Group closed at $70, with a loss of $1.50 after exchanging 34,098 shares and falling to $68 in early morning trading. 1834 Investments closed at $1.45, losing 5 cents with 33,000 units changing hands, 138 Student Living exchanged 10,600 units at $4.50, PanJam Investment gained 10 cents to close at $34.10, with trades of 6,287 shares. Proven Investments traded $2 higher to close at record high of J$21, in exchanging 48,000 shares in the main market, Pulse Investments closed at $18, with an exchange of 4,048 shares, Radio Jamaica traded 185,000 shares at $1.50, Sagicor Group closed at $34.10, losing 9 cents trading 93,100 shares. Scotia Group dropped $2.19 to close at $42.51, exchanging 336,471 shares while Supreme Ventures closed at $7.41, losing 9 cents with 6,058 shares changing owners. Proven Investments US ordinary shares closed at 24 US cents, with trades of 203,960 units, JMMB Group 7.5% preference share closed at $1.13, gaining 1 cent with an exchange of 4,471 units and Jamaica Producers traded 425,000 units of corporate bond at $100 each.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, 1834 Investments, Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB, JMMB Group, Kingston Wharves, NCB Financial Group, PANJAM Investment, Proven, Proven Investments, Pulse Investments, Radio Jamaica, Sagicor Group, Scotia Group, Supreme Ventures, Trading Activity

Palace leaps $108 on Friday

June 23, 2017 by IC Insider.com

Palace Amusement hit a record of $498 on Friday.

Cinema owners and movie promoters, Palace Amusement Company’s share price jumped $108 or just under 27 percent to close at an all-time high of $498 with just 888 shares trading on Friday. The movement in the price of the stock contributed in the market indices rising close to 1,000 points.
The stock traded with a gain of $50 to close at $390 on Tuesday in trading 200 shares. Trading in the main market of the Jamaica Stock Exchange closed on Friday with a number of stocks rising being outnumbered by those declining. The volume and value of stocks traded declined compared to the prior day. At the close of the market, the All Jamaica Composite Index gained 982.15 points to close at 258,619.66, the JSE Market Index rose 894.85 points to 235,631.79 and the JSE US dollar market index fell 3.32 points to close at 184.01.
Trading ended with 28 securities changing hands in the main market with 1 trading in the US dollar market, leading to 9 stocks advancing and 12 declining. Trading ended with 2,161,083 units valued at $46,263,769 changing hands in the main market, compared to 39,788,577 units valued at $130,153,064 at the close on Thursday. Trading in the US dollar market accounted for 489,884 units valued at US$115,026.
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 4 stocks with bids higher than their last selling prices and 2 with lower offers.
The main market ended trading with an average of 77,182 units valued at a mere $5,040,005 for every security traded compared to an average of 1,473,651 units valued at a mere $4,820,484 on Thursday. The average volume and value for the month to date ended at 263,096 units with an average value of $4,517,103 compared with an average of 274,715 units with an average value of $4,484,422 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Barita Investments traded 1,372 shares at $7, Berger Paints lost $2.95 to end at $12.05, with an exchange of 5,077 shares, Cable and Wireless gained 2 cents to close at $1.12, with 241,397 stock units changing owners, Caribbean Cement closed at $26 trading 227,723 shares, Carreras traded $3 higher to close at $85 in exchanging 48,412 units, Grace Kennedy closed at $41.50, losing 50 cents with 2,487 units changing hands, Jamaica Broilers closed at $18, with gains of 50 cents in trading 14,948 shares, Jamaica Producers traded $1 higher to $16, with 18,695 units being exchanged. Jamaica Stock Exchange closed at $7 trading 20,747 shares, JMMB Group closed at $20, with 1,803 units changing hands, Kingston Wharves traded 98 cents higher to $26, with an exchange of 29,851 shares. NCB Financial Group closed at $71.50, gaining 50 cents after exchanging 21,399 shares, 1834 Investments closed at $1.50, losing 2 cents with 68,095 units changing hands, PanJam Investment lost 50 cents to close at $34, as 21,843 shares were traded. Portland JSX lost 95 cents to close at $9, with just 500 units changing hands, Proven Investments traded 51 cents lower to close at 52 weeks’ low of $19 exchanging 800,415 shares, more than $11 less than the stock traded at in the US dollar market, Pulse Investments closed at $18, with an exchange of 7,389 shares, Radio Jamaica lost 15 cents, closing at $1.50 with 44,371 shares switching owners, Sagicor Group closed at $34.19, losing 32 cents trading 6,890 shares, Sagicor Real Estate fund added 10 cents to close at $11.60, with 1,663 units trading, Scotia Group closed at $44.70, with gains of 70 cents exchanging 315,901 shares while Supreme Ventures closed at $7.50, losing 29 cents with 170,957 shares changing hands. Proven Investments US dollar listed ordinary share, exchanged 489,884 ordinary shares at 24 US cents, Proven Investments 8.25% preference share lost 3 cents, closing at $5.17, with 29,600 units traded, Jamaica Money Market Brokers 7.5% preference share closed at $1.90, with 44,650 units changing hands, JMMB Group 7.5% preference share closed at $1.12, with an exchange of 10,000 units and JMMB Group 7.25% preference share lost 1 cent to close at $1.49 with trades of 1,010 units.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 1834 Investments, Barita Investments, Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Money Market Brokers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB, JMMB Group, Kingston Wharves, NCB Financial Group, Palace Amusement, PANJAM Investment, Portland JSX, Proven, Proven Investments, Pulse Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Supreme Ventures, Trading Activity

3 stocks dominate TTSE trading on Friday

June 23, 2017 by IC Insider.com

Witco was one of the 3 stocks that had dominant trades on Friday

Market activity on the Trinidad & Tobago Stock Exchange on Friday resulted in only 8 securities being exchanged compared to 11 on Thursday. The volume traded swung upward to 507,698 with a value of $10,611,513 in contrast to Thursday’s trades of 78,795 valued at $1,350,632.
At the close, 1 stock advanced, 2 declined and 5 were unchanged. Clico Investment was the dominant trade with close to 50 percent of the volume traded and 53 percent of the market’s value, followed by Guardian Holdings and West Indian Tobacco each with just over 20 percent of the value.
The Composite Index lost 0.30 points to 1,211.06, the All T&T Index was down 0.60 points to 1,790.06 and the Cross Listed Index closed unperturbed at 84.71.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 8 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Clico Investment gained 1 cent to close at $22.51 while trading 247,575 shares valued at $5,572,669.
Losses| Massy Holdings closed at a 52 weeks’ low of $50, losing 10 cents in exchanging 6,130 shares valued at $306,916 and West Indian Tobacco traded 35 cents lower to close at a 52 weeks’ low of $126, with 17,000 units changing hands at a value of $2,142,000.
Firm Trades| Grace Kennedy exchanged 64,890 shares at $2.70, Guardian Holdings held firm at $16.20 trading 147,000 shares valued at $2,381,400, JMMB Group closed at $1.26, with trades of 25,000 units. One Caribbean Media traded 100 units at $15.01 and Republic Financial Holdings exchanged a mere 3 units at $101.90.

Filed Under: Stock Market, TTSE Market Tagged With: Clico Investment, Daily Trading, Emerging markets, Emerging Stock, Grace Kennedy, Guardian Holdings, JMMB Group, Massy Holdings, One Caribbean Media, Republic Financial Holdings, Trading Activity, TTSE, West Indian Tobacco

RJR the dominant trade on Thursday

June 22, 2017 by IC Insider.com

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RJR traded more than 37 m shares on Thursday.

Trading in the main market of the Jamaica Stock Exchange closed on Thursday with a jump in the volume traded. Radio Jamaica with 37 million units and Sagicor Group with 1 million units were the only securities to contribute meaningful volumes. The weak demand elsewhere resulted in the market indices falling sharply.
At the close, the All Jamaica Composite Index declined 1,802.76 points to close at 257,637.51, the JSE Market Index fell 1,642.52 points to 234,736.94 and the JSE US dollar market index lost 0.77 points to close at 187.33.
At the close of trading, 27 securities changed hands with 1 trading in the US dollar market, leading to 11 stocks advancing and 11 declining. Trading in the main market ended with 39,788,577 units valued at $130,153,064 changing hands compared to 2,290,612 units valued at $72,785,626 at the close on Wednesday. Trading in the US dollar market accounted for 226,255 units valued at US$54,301.
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 4 stocks with bids higher than their last selling prices and 2 with lower offers.
The main market ended trading with an average of 1,473,651 units valued at $4,820,484 for each security traded compared to an average of 88,100 units valued at $2,799,447 on Monday. The average volume and value for the month to date ended at 97,758 units with an average value of $2,120,059 compared with an average of 194,786 units with an average value of $4,462,018 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Berger Paints lost $1 and closed at $15, with an exchange of 78,383 shares, Cable and Wireless lost 5 cents to close at $1.10, with 7,673 stock units changing owners, Caribbean Cement fell $1.50 to $26 trading 58,492 shares, Carreras traded $4.70 lower to close at $82 exchanging 1,952 units, Grace Kennedy closed at $42, gaining 70 cents with 4,500 units changing hands, Jamaica Broilers closed at $17.50, with a loss of 40 cents trading 8,297 shares, Jamaica Producers traded $1 lower to $15, with 7,272 units exchanged. Jamaica Stock Exchange added 5 cents, closing at $7 trading 2,137 shares, JMMB Group closed at $20, with 24,728 units changing ownership, Kingston Properties lost 25 cents, closing at $10 with trades of 9,443 units, Kingston Wharves dropped $4.48 to close at $25.02, with an exchange of 2,323 shares. Mayberry Investments closed at $5.19, with a loss of 1 cent trading just 100 shares, NCB Financial Group closed at $71, losing 50 cents after exchanging 12,063 shares, 1834 Investments closed at $1.52, gaining 2 cents with 146,021 units changing hands, 138 Student Living traded 52,600 units at $4.50, Palace Amusement closed at $390 exchanging 197 units, PanJam Investment gained 50 cents to close at $34.50, with trades of 19,773 shares. Proven Investments traded 10,395 shares at $19.51, well below the approximate $30 the same share traded at in the US dollar market. Pulse Investments added 50 cents to close at $18, with an exchange of 7,500 shares, Radio Jamaica gained 5 cents, closing at $1.65 with 37,357,068 shares trading, Sagicor Group closed at $34.51, gaining 1 cent trading 1,800,807 shares, Sagicor Real Estate Fund gained 35 cents to close at $11.50, with trades of 13,246 shares. Scotia Group closed at $44, with gains of $1.47 exchanging 250 shares while Supreme Ventures added 34 cents, closing at a 52 weeks’ high of $7.79, with 10,230 shares changing owners. Proven Investments exchanged 226,255 ordinary shares at 24 US cents, Proven 8.25% preference share lost 20 cents, closing at $5.20, with 136,900 units traded and Jamaica Money Market Brokers 7.5% preference share gained 10 cents to close at $2, with 8,966 units changing hands.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, 1834 Investments, Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB, JMMB Group, Kingston Properties, Kingston Wharves, Mayberry Investments, NCB Financial Group, Palace Amusement, PANJAM Investment, Proven, Proven Investments, Pulse Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Supreme Ventures, Trading Activity

TTSE rise with more dip than rise

June 22, 2017 by IC Insider.com

Trading levels on the Trinidad & Tobago Stock Exchange on Thursday fell sharply despite 11 securities changing hands compared to 10 on Wednesday as just 78,795 shares traded at a value of $1,350,632 compared to Wednesday with 195,938 valued at $9,062,326.
At the close, 2 stocks advanced, 4 declined and 5 were unchanged as the two main indices rose. The Composite Index gained 0.82 points to 1,211.36, the All T&T Index advanced 1.63 points to 1,790.66 and the Cross Listed Index closed unchanged at 84.71.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Agostini’s traded $1.49 higher to close at a 52 weeks’ high of $20, with an exchange of just 100 shares and NCB Financial Group gained 1 cent, closing at $4.01, with 50,000 units trading
Losses| Clico Investment lost 1 cent to close at $22.50 exchanging 1,800 shares, Guardian Holdings closed at $16.20, losing 5 cents with 10,000 shares changing hands, Trinidad & Tobago NGL closed at $21.25, with a loss of 8 cents trading 4,350 units and Unilever Caribbean traded 60 cents lower to close at $52, with an exchange of 5,000 units.
Firm Trades| Angostura Holdings exchanged 2,000 shares at $15.01, First Citizens remained at $31.65, with 435 shares traded and JMMB Group closed at $1.26, with 40 shares trading. Republic Financial Holdings held firm at $101.90, with 3,734 shares changing owners at a value of $380,495 and West Indian Tobacco closed at $126.35 exchanging 1,336 units.

Filed Under: Stock Market, TTSE Market Tagged With: Agostini's, Angostura Holdings, Clico Investment, Daily Trading, Emerging markets, Emerging Stock, First Citizens, Guardian Holdings, JMMB Group, NCB Financial Group, Republic Financial Holdings, Trading Activity, Trinidad & Tobago NGL, TTSE, Unilever Caribbean, West Indian Tobacco

JSE gains more than 1000 points Wednesday

June 22, 2017 by IC Insider.com

Palace jumped $50 to $390 on Wednesday.

Trading in the main market of the Jamaica Stock Exchange closed on Wednesday with a number of stocks rising even as trading values declined when compared to the prior day and the market indices trended lower. The All Jamaica Composite Index gained 1,244.46 points to close at 259,440.27, the JSE Market Index rose 1,133.84 points to 236,379.46 and the JSE US dollar market index lost 12.35 points to close at 188.10.
At the close of trading, 26 securities changed hands in the main market and 2 traded in the US dollar market, leading to 14 stocks advancing and 6 declining. Trading in the main market ended with 2,290,612 units valued at $72,785,626 changing hands compared to 3,513,896 units valued at $221,929,673 at the close on Tuesday. Trading in the US dollar market accounted for 197,172 units valued at US$48,999.
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 3 stocks with bids higher than their last selling prices and 3 with lower offers.

The main market ended trading with an average of 88,100 units valued at a mere $2,799,447 for every security traded compared to an average of 140,556 units valued at $8,877,187 on Tuesday. The average volume and value for the month to date ended at 194,786 units with an average value of $4,462,018 compared with an average of 202,407 units with an average value of $4,580,773 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Barita Investments traded 300 shares at $7, Berger Paints closed at $16, with a loss of $1.50 exchanging 16,449 shares, Cable and Wireless closed at $1.15, with 154,414 stock units trading, Caribbean Cement gained 60 cents to close at $27.50 trading 36,750 shares, Carreras closed at $86.70, with an exchange of 16,052 units, Grace Kennedy gained 30 cents and closed at $41.30, with 86,113 units changing hands, Jamaica Broilers closed at $17.90, with a loss of 10 cents trading 136,061 shares, Jamaica Producers traded 15 cents higher to close at $16, with an exchange of 6,000 units. Jamaica Stock Exchange gained 5 cents, closing at $6.95 trading 21,204 shares, JMMB Group closed at $20, after gaining 50 cents with 69,565 units changing owners, Kingston Properties closed at $10.25 with 384 units trading, Kingston Wharves traded $1.72 higher to close at $29.50, with an exchange of 1,798 shares. Mayberry Investments closed at $5.20, with gains of 70 cents trading 10,000 shares, NCB Financial Group closed at $71.50, losing 50 cents after exchanging 167,790 shares, 1834 Investments closed at $1.50, with 35,444 units changing hands, 138 Student Living gained 2 cents to close at $4.50, with 10,000 units, Palace Amusement jumped $50 and closed at a new all-time high of $390, trading 200 units, PanJam Investment exchanged 58,141 shares to gain 1 cent and end at $34. Pulse Investments traded 50 cents higher to close at $17.50, with an exchange of 4,756 shares, Radio Jamaica exchanged 85,169 shares at $1.60,Sagicor Group closed at $34.50, gaining 30 cents, trading 717,539 shares. Scotia Group closed at $42.53, after losing $1.02 in exchanging 510,077 shares, Scotia Investments closed at $37 with 22,356 units changing hands while Supreme Ventures gained 45 cents and closed at $7.45, with 111,000 shares trading. Proven Investments closed at 24 US cents, with a loss of 0.02 US cents, trading 183,292 ordinary shares, Margaritaville Turks lost 0.01 US cent to close at 34 US cents exchanging 13,900 units, JMMB 7.5% preference share lost 10 cents to close at $1.90, with 7,850 units changing hands and Proven 8.25% preference share gained 20 cents, closing at $5.40, with 5,200 units traded.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, 1834 Investments, Barita Investments, Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB, JMMB Group, Kingston Properties, Kingston Wharves, Mayberry Investments, NCB Financial Group, Palace Amusement, PANJAM Investment, Proven, Proven Investments, Pulse Investments, Radio Jamaica, Sagicor Group, Scotia Group, Scotia Investments, Supreme Ventures, Trading Activity

Republic takes 68% of trading

June 21, 2017 by IC Insider.com

Republic Financial Holdings took the largest value of trading on Wednesday on the TTSE.

The Trinidad & Tobago Stock Exchange resumed trading on Wednesday after being closed on Monday and Tuesday with trading values rising above Friday’s levels. Trading closed with Republic Financial Holdings as the dominant trade with just over 68 percent of the total value traded.
The market closed with of 10 securities changing hands compared to 13 on Friday with 2 stocks advancing, 5 declining and 3 holding firm as 195,938 shares traded at a value of $9,062,326 compared to Friday’s trades of 143,801 valued at $2,818,683.
The Composite Index declined 0.91 points to 1,210.54, the All T&T Index dropped 0.72 points to 1,789.03 and the Cross Listed Index lost 0.15 points to 84.71.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| JMMB Group closed at $1.26, gaining 3 cents with 10,000 shares changing hands and Trinidad & Tobago NGL traded 22 cents higher to close at $21.33, with an exchange of 13,946 units valued at $295,915. Losses| Grace Kennedy closed $2.70, with a loss of 10 cents exchanging 5,198 shares, Massy Holdings traded 40 cents lower, closing at a 52 weeks’ low of $50.10, with 37,320 shares changing hands valued at $1,868,488 and Prestige Holdings closed at a 52 weeks’ low of $10.75, losing 6 cents in trading 45,247 units valued at $486,406. Scotia Investments lost 3 cents, in closing at $2.45 with trades of 20,910 shares and West Indian Tobacco closed at $126.35, with a loss of 3 cents exchanging 750 units.
Firm Trades| Clico Investment exchanged 1,424 shares at $22.51, First Citizens held firm at $31.65, with 342 shares trading and Republic Financial Holdings remained at $101.90, with 60,801 shares changing owners at a value of $6,195,622.

Filed Under: Stock Market, TTSE Market Tagged With: Clico Investment, Daily Trading, Emerging markets, Emerging Stock, First Citizens, Grace Kennedy, JMMB Group, Massy Holdings, Prestige Holdings, Republic Financial Holdings, Scotia Investments, Trading Activity, Trinidad & Tobago NGL, TTSE, West Indian Tobacco

JSE majors fall back on Tuesday

June 20, 2017 by IC Insider.com

Trading in the main market of the Jamaica Stock Exchange closed on Tuesday with stocks rising outnumbering those falling. The market indices fell back at the close the JSE Market Index fell 878.85 points to 235,245.62, with the All Jamaica Composite Index declining 964.58 points to close at 258,195.81 and the JSE US dollar market index closed at 200.45.
At the close of trading, 25 securities changed hands with 2 trading in the US dollar market, leading to 7 stocks advancing and 7 declining. Trading in the main market ended with 3,513,896 units valued at $221,929,673 changing hands compared to 2,726,092 units valued at $27,555,950 at the close on Monday. Trading in the US dollar market accounted for 51,800 units valued at US$42,613.
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 6 stocks with bids higher than their last selling prices and 2 with lower offers.
The main market ended trading with an average of 140,556 units valued at $8,877,187 for every security traded compared to an average of 113,587 units valued at $1,148,165 on Monday. The average volume and value for the month to date ended at 202,407 units with an average value of $4,580,773 compared with an average of 207,165 units with an average value of $4,250,279 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Barita Investments traded 250 shares at $7, Berger Paints closed at $17.50, after losing 32 cents with an exchange of 9,200 shares, Cable and Wireless closed at $1.15 with a fall of 5 cents trading 30,000 stock units, Caribbean Cement gained 40 cents to close at $26.90 trading 7,290 shares, Carreras closed at $86.70, with a loss of 9 cents in exchanging 1,832 units, Grace Kennedy closed at $41, with 50,060 units changing hands, Jamaica Broilers closed at $18, with gains of 38 cents trading 3,325 shares, Jamaica Producers closed at $15.85, with an exchange of 1,658 units. Jamaica Stock Exchange traded 5,000 shares at $6.90, JMMB Group lost 50 cents to close at $19.50, with 9,100 units changing hands, Kingston Properties gained 25 cents, closing at $10.25 with 900 units, Kingston Wharves traded 77 cents higher to close at $27.78, with an exchange of 200 shares, Mayberry Investments closed at $4.50, with a loss of 80 cents trading 2,100 shares, NCB Financial Group closed at $72, after exchanging 3,009,420 shares, 1834 Investments closed at $1.50, with 27,400 units changing hands, PanJam Investment exchanged 280 shares at $33.99. Portland JSX Fund closed at $9.95, with a loss of 5 cents trading 18,100 units, Pulse Investments traded 3,859 shares at $17, Radio Jamaica exchanged 117,000 shares at $1.60, Sagicor Group closed at $34.20 trading 36,453 shares while Sagicor Real Estate fund gained 5 cents, closing at $11.15 with 68,441 shares trading. Scotia Group closed at $43.55 exchanging 2,390 shares, Scotia Investments traded 50 cents higher, closing at $37 with 706 units changing hands, Seprod gained $1 to close at $30, with 18,000 units traded while Supreme Ventures closed at $7, as the price lost 50 cents with 90,932 shares changing ownership. Proven Investments closed at 26 US cents trading 18,300 ordinary shares and JMMB Group US 6% preference share closed at US$1.13, with a gain of 0.01 US cent with 33,500 units traded.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 1834 Investments, Barita Investments, Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Kingston Properties, Kingston Wharves, Mayberry Investments, NCB Financial Group, PANJAM Investment, Portland JSX, Proven Investments, Pulse Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Scotia Investments, Seprod, Supreme Ventures, Trading Activity

JSE Majors in big recovery on Monday

June 19, 2017 by IC Insider.com

The main market of the Jamaica Stock Exchange recovered all the losses it incurred on Thursday and Friday and more putting it back ahead of the closing level at the end of trading on Monday last week but below the close of the prior trading day. The All Jamaica Composite Index jumped 2,627.40 points to close at 259,160.39, the JSE Market Index climbed 2,393.86 points to 236,124.47 and the JSE US dollar market index gained 12.75 points to 200.45.
At the close of trading, 24 securities changed hands in the main market with 1 trading in the US dollar market, leading to 12 stocks advancing and 9 declining. Trading in the main market ended with 2,726,092 units valued at just $27,555,950 changing hands compared to 4,265,878 units valued at $141,120,152 at the close on Friday. Trading in the US dollar market accounted for 5,100 units valued at US$1,326.
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 6 stocks with bids higher than their last selling prices and 1 with a lower offer.
The main market ended trading with an average of 113,587 units valued at a mere $1,148,165 for every security traded compared to an average of 185,473 units valued at a mere $6,135,659 on Friday. The average volume and value for the month to date ended at 207,165 units with an average value of $4,250,279 compared with an average of 214,963 units with an average value of $4,508,789 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Barita Investments gained 95 cents to close at $7, with an exchange of a mere 300 shares, Berger Paints gained 51 cents and closed at $17.82, with 39,256 shares trading, Cable and Wireless closed at $1.20, with 83,500 stock units changing hands, Caribbean Cement closed at $26.50, losing 50 cents in trading 2,000 shares, Carreras fell 11 cents in exchanging 1,359 units at $86.79, Grace Kennedy closed at $41, with 61,334 units changing hands, Jamaica Broilers closed at $17.62, with a loss of 38 cents trading 207,100 shares, Jamaica Producers lost 15 cents to close at $15.85, with an exchange of 2,658 units. Jamaica Stock Exchange lost 10 cents to close at $6.90 exchanging 2,029,200 shares, JMMB Group gained $1 to close at $20 trading 5,128 units, Kingston Properties traded 224 shares at $10, Mayberry Investments gained 30 cents to close at $5.30, trading of 17,037 units, NCB Financial Group traded $1 higher to close at $72, after exchanging 14,563 shares, 1834 Investments closed at $1.50, gaining 15 cents with 12,600 units changing hands, PanJam Investment gained 69 cents, in closing at $33.99 trading 672 shares. Portland JSX closed at $10, with gains of 5 cents, exchanging 20,000 units, Pulse Investments traded 50 cents lower to close at $17, with 1,649 shares changing owners, Sagicor Group closed at $34.20, losing 54 cents while trading 33,954 shares. Salada Foods closed at $10, with an exchange of 1,428 units, Scotia Group gained 55 cents to end at $43.55, trading 69,399 shares, Seprod lost 50 cents to close at $29, with 1,000 units traded while Supreme Ventures closed at $7.50, after gaining 24 cents with 71,331 shares changing hands. Proven Investments closed at 26 US cents, with gains of 0.02 US cents in trading 5,100 ordinary shares, JMMB 7. 5% preference share closed at $2, gaining 10 cents with an exchange of 50,000 units and ISP Finance bond traded 5,000 units at a record of $1.10 to gain 10 cents.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 1834 Investments, Barita Investments, Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB, Kingston Properties, Mayberry Investments, NCB Financial Group, PANJAM Investment, Portland JSX, Proven Investments, Pulse Investments, Sagicor Group, Salada Foods, Scotia Group, Seprod, Supreme Ventures, Trading Activity

NCB, JMMB, RJR dominate trading – Friday

June 16, 2017 by IC Insider.com

NCBFiniancial Group traded more than 1.6 million shares on Friday.

NCB Financial Group with 1.6 million units and Radio Jamaica with 1.5 million and JMMB Group with nearly 600,000 shares were the dominant trades when the Jamaica Stock Exchange closed trading on Friday. At the close of trading, 23 securities changed hands with no trading in the US dollar market, leading to 8 stocks advancing and 6 declining.
At the end of trading, the All Jamaica Composite Index declined 229.82 points to close at 256,532.99, the JSE Market Index lost 209.39 points to 233,730.61 and the JSE US dollar market index closed at 187.70.
Trading in the main market ended with 4,265,878 units valued at $141,120,152 changing hands compared to 12,639,003 units valued at $265,691,928 at the close on Thursday.
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.
The main market ended trading with an average of 185,473 units valued at $6,135,659 for every security traded compared to an average of 468,111 units valued at $9,840,442. The average volume and value for the month to date ended at 214,963 units with an average value of $4,508,789 compared with an average of 217,644 units with an average value of $4,360,892 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Barita Investments gained 5 cents to close at $6.05, with an exchange of 100 shares, Berger Paints closed at $17.31, with 13.963 shares traded, Cable and Wireless closed at $1.20, with 150,718 stock units changing owners, Caribbean Cement closed at $27, gaining 50 cents trading 5,686 shares, Carreras exchanged 1,776 units at $86.90, Grace Kennedy closed at $41, after gaining 23 cents with 19,664 units trading, Jamaica Broilers traded 12,510 shares at $18, Jamaica Producers jumped $1.50 and closed at $16 trading 13,622 units. Jamaica Stock Exchange closed at $7, with an exchange of 14,540 shares, JMMB Group lost 20 cents to close at $19 trading 558,889 units, Kingston Wharves dived $1.53 to close at $27.01, with 19,000 shares changing hands, Mayberry Investments gained 35 cents to close at $5, with trades of 30,040 shares, NCB Financial Group traded $1 lower to close at $71, after exchanging 1,652,807 shares, PanJam Investment lost 20 cents, closing at $33.30 trading 6,030 shares. Pulse Investments closed at $17.50, with gains of 50 cents in exchanging 21,700 shares, Radio Jamaica closed at $1.60, after losing 5 cents while trading 1,537,900 shares, Sagicor Group closed at $34.74, losing 64 cents trading 17,199 shares, Sagicor Real Estate Fund traded 10 cents lower to close at $11.10 with 2,000 shares being exchanged. Salada Foods closed at $10, trading of 300 units, Scotia Group closed at $43 exchanging 134,239 shares, Scotia Investments traded 19,195 shares at $36.50 while Supreme Ventures closed at $7.26, with 33,700 shares changing hands and JMMB Group 7.25% preference share closed at $1.50, gaining 19 cents with trades of 300 units.