Trading in the main market of the Jamaica Stock Exchange closed on Thursday with 24 securities changing hands with 1 trading in the US dollar market. At the close, 10 stocks advanced and 6 declined.
Trading levels in the main market ended at 7,307,280 units valued at $263,394,539 compared to 2,673,775 units valued at $51,217,614 at the close on Wednesday. Trading in the US dollar market accounted for 6,100 units valued at US$1,830.
The All Jamaica Composite Index declined 942.67 points to close at 246,949.65 the JSE Market Index fell 858.88 points to finish at 224,999.11 and the JSE US dollar market index remained at 219 points.
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 17 stocks with bids higher than their last selling prices and 2 with lower offers.
The main market ended trading with an average of 122,740 units valued at $10,974,772 per security that traded, compared to an average of 53,047 units valued at $2,048,705 on Wednesday. The average volume for the month to date ended at 382,330 units with an average value of $5,264,239 versus at 398,555 units with an average value of $4,907,331 on the prior trading day. The average volume and value for March ended at 549,909 units and $1,379,459.
In market activity, Barita Investments closed at $7 exchanging 22,700 shares, Berger Paints closed 48 cents higher at $14 trading 4,900 shares, after trading at an intraday high of $15.50, Cable and Wireless closed at $1.31, with 508,000 shares changing hands, Caribbean Cement traded 50 cents lower at $30 with trades of 5,600 units. Carreras closed at $75 exchanging 8,770 shares, the stock traded during the day at an intraday high of $77.50, Grace Kennedy gained 90 cents to close at $43.90 trading 4,692,199 units, Jamaica Broilers closed at $16.49, losing 41 cents with an exchange of 924,823 shares, Jamaica Producers closed 50 cents higher at $16, exchanging 87,300 shares, Jamaica Stock Exchange closed 97 cents lower at $7.03, with trades of 6,500 shares. JMMB Group closed at $22.50, gaining $2.28 trading 25,788 units, Kingston Wharves closed at $31, with gains of $1.60 exchanging 15,650 units, NCB Financial Group lost $1.25 to end at $63.75, with 93,122 shares changing hands, 1834 Investments gained 10 cents to close at $1.80, with an exchange of 41,856 shares, 138 Student Living closed at S4.49 with 40,000 shares changing hands, PanJam Investment closed 5 cents lower to $34.15 with trades of 30,466 shares. Pulse Investments gained 1 cent to close at $8.05 trading 5,000 units, Sagicor Group closed at $33.51, with gains of $1.51, trading 63,150 shares, Scotia Group closed at $40.50, losing 50 cents with 234,146 units changing owners, Seprod closed at $36 trading 2,900 shares, Sterling Investments closed at $17.15 with an exchange of 6,020 units, Supreme Ventures closed at $6.30 exchanging 700 shares. Proven Investments closed at 30 US cents with trades of 6,100 ordinary shares, JMMB 7.5% preference share gained 10 cents to close at $1.98 exchanging 11,000 units, Jamaica Public Service Company 9.5% preference share traded $23.50 higher at $1,300 with 14,000 units changing hands and JMMB Group 7.5% preference share closed at $1.05 trading 462,690 units.
TTSE falls as 4 stocks rising & 4 falling
Trading on the Trinidad & Tobago Stock Exchange remained at a subdued level at the close of the market on Thursday with 13 securities changing hands compared to 15 on Wednesday with the value and volume being much lower than on Wednesday.
The market closed with 4 stocks advancing, 4 declining and 5 holding firm. A total of 167,340 shares were traded at a value of $2,265,872 compared to Wednesday’s 235,696 shares valued at $9,797,031.
The Composite Index declined 7.81 points to 1,225.48, the All T&T Index lost 0.12 points to 1,802.78 and the Cross Listed Index fell 2.12 points to close at 86.94.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 8 stocks with bids higher than last selling prices and 4 with lower offers.
Gains| Clico Investment gained 1 cent to close at $22.52 trading 250 units, Guardian Holdings closed at $15.50, with gains of 6 cents exchanging 17,048 shares, Massy Holdings gained 2 cents, closing at $51.45, with a mere 12 shares changing hands and West Indian Tobacco closed 1 cent higher at $127, with 969 units trading.
Losses| First Caribbean International closed at $8.10, losing 47 cents trading 540 shares, JMMB Group traded 2 cents lower to close at $1.29 exchanging 15,294 units, National Flour Mills lost 1 cent to close at $2.52 with an exchange of 1,152 units and Trinidad Cement declined by 1 cent, closing at $4.20 with 21,446 shares changing hands.
Firm Trades| National Enterprises closed at $10.50 with 1,000 units traded, NCB Financial Group closed at $3.99 with trades of 68,720 shares, Republic Financial Holdings traded 11,909 shares at $101.90 valued at $1,213,527. Scotia Investments closed at $2.75 with 20,000 units changing owners and Trinidad & Tobago NGL exchanged 9,000 units at $22.50.
Advancing stocks just ahead in Trinidad
Trading closed on the Trinidad & Tobago Stock Exchange on Wednesday with 15 securities changing hands including 1,000 units of the US Mutual fund, compared to 13 on Tuesday.
At the close 5 stocks advanced, 4 declined and 6 were unchanged as 235,696 shares traded at a value of $9,843,087 compared to Tuesday’s 113,158 shares valued at $864,641.
The Composite Index lost 0.44 points to 1,233.29, the All T&T Index gained 0.08 points to 1,802.90 and the Cross Listed Index declined 0.013 points to close at 89.06.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 9 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Clico Investment gained 1 cent to close at $22.51 trading 62,153 units valued at $1,399,060, JMMB Group closed at $1.31, with a 1 cent gain exchanging 3,705 shares, Readymix advanced 62 cents, closing at $12.62, with 912 shares changing hands. Sagicor Financial closed at $9.05, gaining 3 cents with trades of 2,271 shares and Scotiabank added 6 cents to close at $58.06 with 60,000 units traded at a value of $3,483,600.
Losses| First Caribbean International closed at $8.57, with a loss of 3 cents trading 200 shares and Guardian Holdings traded 1 cent lower to close at $15.44 exchanging 103 units, West Indian Tobacco lost 1 cent and closed at $126.99 trading 35,490 shares valued at $4,506,880 and Bourse Brazil Latin Fund traded 1,000 units at a 52 weeks’ low of US$8.08, after losing 2 cents.
Firm Trades| First Citizens closed at $32 with 232 units traded, even as reports out of Trinidad suggest that the block of shares the government placed on the market was not fully taken up. Massy Holdings closed at $15.43 exchanging 82 shares, NCB Financial Group closed at $3.99 with trades of 34,800 shares, One Caribbean Media traded a mere 10 shares at $16.85, Scotia Investments closed at $2.75 with 29,000 units changing owners and Trinidad & Tobago NGL exchanged 5,738 units at $22.50.
Falling stocks 2 to 1 over gainers
Trading on the Trinidad & Tobago Stock Exchange resulted in 13 securities changing hands on Tuesday compared to 9 on Monday. Market activity led to 3 stocks advancing, 6 declining and 4 unchanged with 113,158 shares traded at a value of $864,641 compared to Monday’s 50,550 shares valued at $1,371,638.
The Composite Index lost 0.12 points to 1,233.73, the All T&T Index declined 0.28 points to 1,802.82 and the Cross Listed Index added 0.01 point to close at 89.19.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 8 stocks with bids higher than last selling prices and 4 with lower offers.
Gains| Sagicor Financial gained 2 cents to close at $9.02 exchanging 1,000 units, Scotia Investments closed at a 52 weeks’ high of $2.75, with gains of 5 cents, trading 11,000 shares and Trinidad & Tobago NGL added 1 cent, closing at $22.50, with 250 shares changing hands.
Losses| Clico Investment closed at $22.50, with a loss of 1 cent trading 19,179 shares valued at $431,534, JMMB Group traded 1 cent lower to close at $1.30 exchanging 71,262 units, National Flour Mills lost 2 cents to close at $2.53 with 800 shares changing hands. Readymix traded at $12, losing 62 cents with an exchange of 5,583 units, Republic Financial Holdings closed at a 52 weeks’ low of $101.90, with a 10 cent loss, trading 1,047 shares and Trinidad Cement lost 1 cent to close at $4.21 with trades of 116 units.
Firm Trades| First Citizens closed at $32 with 920 units changing owners, Guardian Holdings closed at $15.45 with trades of 100 shares, Massy Holdings closed at $51.43 exchanging 1,611 shares and One Caribbean Media traded 290 shares at $16.85.
TTSE ends with moderate trading
Trading levels on the Trinidad & Tobago Stock Exchange fell back on Monday resulted in 9 securities exchanged compared to 17 on Friday with lower volume and value than on Friday.
At the close, 2 stocks advanced, 3 declined and 4 were unchanged with just 50,550 shares changing hands valued at $1,371,638 compared to Friday’s 229,684 shares valued at $1,612,238.
The Composite Index gained 0.55 points to 1,233.85, the All T&T Index added 0.77 points to 1,803.10 and the Cross Listed Index gained 0.05 points to close at 89.18.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 10 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| Republic Financial Holdings gained 10 cents to close at $102 trading 120 units and Trinidad & Tobago NGL advanced 49 cents, closing at $22.49, with an exchange of 15,579 shares valued at $350,504.
Losses| Massy Holdings closed at $51.43, with a loss of 2 cents exchanging 369 shares, National Flour Mills lost 1 cent to close at $2.55 with 200 shares changing hands and Unilever Caribbean closed $1.25 lower to $57, with an exchange of just 100 units.
Firm Trades| Ansa McAL closed at $66.50 with 1,833 units changing owners, Clico Investments closed at $22.51 with trades of 400 shares, First Citizens closed at $32 trading 26,424 shares valued at $845,568 and JMMB Group exchanged 5,525 shares at $1.31.
TTSE still consolidating
Trading volume picked up in trading on the Trinidad & Tobago Stock Exchange on Friday from Thursday’s low level but the value of stocks traded ended up just slightly lower as the number of securities rose.
Market activity resulted in 17 securities changing hands compared to 12 on Thursday with 5 stocks advancing, 2 declining and 10 holding firm. Trading closed with an exchange of 229,684 shares valued at $1,612,238 compared to Thursday’s 70,937 shares valued at $1,807,695.
The Composite Index gained 1.71 points to 1,233.30, the All T&T Index advanced 8.77 points to 1,802.33 and the Cross Listed Index lost 0.74 points to close at 89.13.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 10 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| Angostura Holdings gained 10 cents to close at $15 exchanging 5,000 units, Clico Investment closed at $22.51, with a 1 cent gain, trading 1,000 units, Guardian Holdings closed at $15.45, gaining 45 cents with an exchange of 20,186 shares valued at $311,597. National Enterprises traded 49 cents higher to close at $10.50, with 1,038 shares changing hands and Readymix closed at $12.62, gaining 12 cents in the process with 600 units trading.
Losses| First Caribbean International Bank closed at $8.60, with a loss of 15 cents exchanging 11,851 shares and Sagicor Financial lost 10 cents to close at $9, with 10,494 shares changing owners.
Firm Trades| Ansa McAL closed at $66.50 trading 650 units, First Citizens traded 590 shares at $32, Grace Kennedy closed at $2.70 with trades of 135,978 units valued at $367,141, JMMB Group exchanged 31,617 shares at $1.31, National Flour Mills closed at $2.56 with an exchange of 520 shares. Scotia Investments traded 1,955 units at $2.70, Scotiabank exchanged 7,027 shares at $58 valued at $407,816, Trinidad Cement held firm at $4.22 with just 10 shares changing hands. Trinidad & Tobago NGL was unchanged at $22 trading 430 shares and West Indian Tobacco closed at $127 with 738 units traded.