The main market of the Jamaica Stock Exchange fell moderately at the closed on Thursday for the first time since for the week with 23 securities changing hands including 3 trading in the US dollar market. At the close, 4 stocks advanced and 8 declined with 2 trading a new highs.
Trading levels in the main market ended at 2,282,207 units valued at $48,598,384 compared to 1,782,575 units valued at $37,905,161 at the close on Wednesday. Trading in the US dollar market accounted for 108,650 units valued at US$35,680.
The All Jamaica Composite Index declined 681.28 points to close at 261,777.44, the JSE Market Index fell 620.72 points to finish at 238,508.90 and the JSE US dollar market index lost 0.59 points to close at 215.09.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 9 stocks with bids higher than their last selling prices and 1 with a lower offer.
The main market ended trading with an average of 111,569 units valued at $2,429,919 for each security traded, compared to an average of 66,021 units valued at $1,403,895 on Wednesday. The average volume and value for May ended at 358,008 units with an average value of $9,037,303.
In market activity, Cable and Wireless closed at $1.30, with a loss of 4 cents trading 188,217 shares and Caribbean Cement traded 22,002 shares at $29.99. Carreras gained $2 and closed at a 52 weeks’ high of $85, with 13,835 shares changing hands, Grace Kennedy traded 101,889 units at $41, Jamaica Broilers exchanged 10,043 shares at $18, Jamaica Producers traded 29 cents lower to close at $16.70, with 16,329 shares trading. JMMB Group exchanged 157,515 units at $20, Kingston Wharves gained 40 cents to close at $32, with 3,808 shares changing hands, Mayberry Investments traded 11,000 shares at $4.80, NCB Financial Group closed at $71, after exchanging 50,828 shares, 138 Student Living exchanged 10,000 shares at $4.49. PanJam Investment closed at $34.50, with a loss of 40 cents, trading 23,010 shares, Pulse Investments climbed to a 52 weeks’ high of $18, with gains of $3.50 in trading 33,829 shares, Sagicor Group gained 60 cents to close at $34.60, with an exchange of 144,126 shares, Sagicor Real Estate Fund closed at $10.68, after losing 32 cents with 431,727 units changing hands. Scotia Group closed at $43.99, with a loss of $1.01 in trading 103,901 units, Scotia Investments traded 1,998 shares at $37.85, Seprod exchanged 554,950 shares at $30, Sterling Investments closed at $15.50, with 1,500 shares changing owners, while Supreme Ventures lost 50 cents to close at $7 trading 401,700 shares. Margaritaville Turks closed at 34 US cents exchanging 11,000 units, Proven Investments closed at 28.49 US cents, with an exchange of 92,650 ordinary shares and JMMB Group USD 6% preference share lost 0.01 US cent, closing at US$1.12 with 5,000 units changing hands.
JSE main market falls Thursday
Small volumes dominate TTSE trading – Thursday
Trading on the Trinidad & Tobago Stock Exchange on Thursday was dominated by small trades and resulted in 12 securities changing hands compared to 14 on Wednesday. At the close 1 stock advanced, 3 declined and 8 were unchanged.
A total of 121,444 shares were exchanged at a value of $942,101 compared to Wednesday’s 274,613 shares valued at $2,047,725.
The Composite Index gained 0.12 points to 1,216.37, the All T&T Index rose 0.25 points to 1,793.75 and the Cross Listed Index closed unchanged at 85.66.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 3 stocks with bids higher than last selling prices and 4 with lower offers.
Gains| Trinidad & Tobago NGL advanced 25 cents to close at $21, with 155 shares traded.
Losses| L.J. Williams B lost 5 cents to close at 80 cents, with a mere 20 shares changing hands, Republic Financial Holdings traded 2 cents lower to close at $101.90, with an exchange of 1,100 shares and Unilever Caribbean closed at $52.60, losing 40 cents in trading 30 shares.
Firm Trades| Angostura Holdings held firm at $15 exchanging 11,000 shares, Ansa McAL closed at $66, with trades of 20 shares and Ansa Merchant Bank traded 494 shares at $40. Clico Investment closed at $22.51 trading 12,514 shares, First Caribbean International exchanged 10,000 shares at $7.75, Grace Kennedy closed at $2.90 with an exchange of 78,125 shares. JMMB Group closed at $1.28, with 21,986 shares changing hands and Trinidad Cement traded 6,000 shares at $4.20.
TTSE rise with soft underbelly
Market activity on the Trinidad & Tobago Stock Exchange on Wednesday resulted in 14 securities changing hands compared to 12 on Monday with 4 stocks rising and 3 declining but IC Insider indicator show more stocks closing with offers that were lower than the last traded price than those with bids being higher.
The market closed with 274,613 shares exchanged for $2,047,725 compared to Monday’s 224,838 shares valued at $1,570,480 as the market was closed for public holiday on Tuesday.
The Composite Index advanced 1.96 points to 1,216.25, the All T&T Index gained 0.05 points to 1,793.50 and the Cross Listed Index was up 0.53 points to close at 85.66.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 7 with lower offers.
Gains| Grace Kennedy gained 5 cents to close at $2.90, with 23,186 shares changing hands, Guardian Holdings traded 7 cents higher to close at a $16.10, with 9,297 shares, JMMB Group closed at $1.28, with a 1 cent gain trading 38,716 shares and NCB Financial Group added 5 cents, closing at $4, with an exchange of 142,278 shares valued at $569,073.
Losses| Massy Holdings traded 20 cents lower, closing at $51.25 in exchanging 879 shares, National Flour closed 5 cents lower to $2.30, with 1,063 shares trading and Scotiabank closed at $58, losing 1 cent trading 50 shares.
Firm Trades| Angostura Holdings held firm at $15 exchanging 17,500 shares, Clico Investment closed at $22.51, with trades of 21,500 shares valued at $483,965, First Citizens traded 11,448 shares at $31.85 valued at $364.626. National Enterprises exchanged 100 shares at $10.50, Trinidad Cement traded 7,866 shares at $4.20, Trinidad & Tobago NGL closed at $20.75 trading 718 shares and West Indian Tobacco exchanged 12 shares at $126.40.
Only 2 price changes on Trinidad Stock Exchange
Trading on the Trinidad & Tobago Stock Exchange on Monday, was muted with the price of just 2 securities changing, one closed at a 52 weeks’ high. There were no declining stocks while 11 closed unchanged.
At the close 13 securities changed hands, leading to 224,838 shares exchanged at a value of $1,570,480 compared to 12 securities trading on Friday, with 761,387 shares valued at $3,029,637. The Composite Index rose 0.18 points to 1,214.29, the All T&T Index gained 0.05 points to 1,793.45 and the Cross Listed Index was up 0.04 points to close at 85.13.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 3 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Guardian Holdings added 1 cents to end at a 52 weeks’ closing high of $16.03 while exchanging 10,000 shares and Scotia Investments traded 12,552 shares at $2.50.
Firm Trades| Angostura Holdings held firm at $15 trading 400 shares, Berger Paints closed at $4.05 with trades of 100 shares, Clico Investment closed at $22.51 exchanging 14,758 shares valued at $332,055. First Citizens traded 1,230 shares at $31.85, JMMB Group traded 35,000 shares at $1.27. Massy Holdings closed at $51.45 trading only 65 shares, National Enterprises exchanged 200 shares at $10.50, Jamaica’s NCB Financial Group closed at $3.95 with an exchange of 102,000 shares valued at $402,900. Praetorian Property Mutual Fund traded 100 units to close at $3.02, Readymix closed at $11 with trades of 46,873 shares valued at $515,703 and Trinidad & Tobago NGL held firm at $20.75 trading 1,560 shares.
TTSE turns positive on Friday
Trading on the Trinidad & Tobago Stock Exchange on Friday resulted in a turnaround in the fortunes of the exchange with the market indices breaking the 6 days losing streak as 12 securities changing hands compared to 14 on Thursday with 6 stocks rising and no declines.
The market closed with 761,387 shares exchanged at a value of $3,029,637 up from Thursday’s 128,271 units valued at $1,640,227.
The Composite Index rose 0.47 points to 1,214.11, the All T&T Index gained 0.36 points to 1,793.40 and the Cross Listed Index was up 0.08 points to close at 85.09.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Grace Kennedy gained 4 cents to close at $2.85 exchanging 19,137 shares, Guardian Holdings closed at $16.02, with gains of 2 cents trading 4,302 shares, Point Lisas closed at a 52 weeks’ high of $4.05, gaining 5 cents with 480 shares changing hands. Sagicor Financial gained 1 cent to close at $8.99, with an exchange of 5,000 shares, Scotiabank traded 1 cent higher, closing at $58.01 with trades of 3,921 shares and Trinidad & Tobago NGL gained 14 cents and closed at $20.75, with 3,346 shares trading.
Firm Trades| Angostura Holdings held firm at $15 trading 5,000 shares, Ansa Merchant Bank exchanged 8,000 shares at $40 valued at $320,000, Clico Investment closed at $22.51 exchanging 2,583 shares. First Caribbean International traded 21,000 shares at $7.75, JMMB Group closed at $1.27, with an exchange of 288,168 shares valued at $366,549 and NCB Financial Group traded 400,000 shares valued at $1,580,000 at $3.95.