Trading on the Junior Market of the Jamaica Stock Exchange closed with 19 securities changing hands, the same as on Friday, resulting in an exchange of only 394,030 units valued at $1,640,793 compared to 2,279,940 units valued at $14,635,254 on Friday.
The market Index declined by 12.08 points to close at 2,991.60, with prices of the last trades resulting in 4 advancing, 6 falling and 9 remaining unchanged.
Trading ended with an average of 20,738 units for an average of $86,358 in contrast to 119,997 units for an average of $770,277 on Friday. The average volume and value for the month to date amounts to units 129,302 valued at $593,087, compared to 136,087 units at an average of $624,758 previously. In contrast, August closed with average of 234,437 units valued at $1,295,260 for each security traded. Trading ended with the market sentiments looking mixed and having implications for Tuesday’s trading activity as 2 stocks ended with bids higher than their last selling prices and 1 with a lower offer.
At the close of the market the volume of stocks changing hands and their last traded price are: Cargo Handlers traded 9 cents higher at $11.09, with 500 units, Caribbean Cream finished with a loss of 40 cents at $6.10, with 1,000 stock units, Caribbean Producers concluded trading with a loss of 20 cents at $3.60, with 93,333 shares, Derrimon Trading ended at $8, with a mere 903 units, Express Catering concluded trading at $4.40, with 20,314 stocks changing hands, General Accident closed with a loss of 10 cents at $2.60, with 29,426 shares, Honey Bun concluded trading 5 cents higher at $4.05, with 1,160 units, Iron Rock settled at $2.80, with 13,303 shares, Jamaican Teas closed at $4.05, with just 1,751 stock units, Jetcon Corporation traded 10 cents higher at $4.50, with 25,797 shares, Key Insurance traded at $4, with 10,415 units, KLE Group traded at $2.86, with 4,400 shares changing hands, Lasco Distributors settled with a loss of 5 cents at $6.75, with 10,551 stock units, Lasco Financial closed 10 cents higher at $4.10, with 9,851 units, Lasco Manufacturing ended at $4, with 103,799 shares, Main Event ended with a loss of 83 cents at $4.45, with 19,939 units, Medical Disposables concluded trading at $5, with 1,400 stocks trading, Stationery and Office finished with a loss of 9 cents at $4.75, with 26,188 stock units and tTech traded 20,000 shares at $7.55.
Continued weakness on TTSE
The Trinidad & Tobago Stock Exchange closed on Friday with 11 securities changing hands compared to 15 on Thursday and all three market indices falling.
At the close, 4 stocks advanced, 4 declined and 3 were unchanged as 236,075 shares traded at a value of $4,854,889 compared to Thursday’s trades of 381,687 valued at $1,583,237. Ansa McAL accounted for $3,081,659 of the total traded on Friday.
The Composite Index declined by 2.22 points to 1,237.33, the All T&T Index lost 0.26 points to 1,783.79 and the Cross Listed Index was down 0.57 points to close at 92.78.
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| The last traded prices of the securities rising and the volume changing hands are Ansa McAL advancing 21 cents, and closing at $65.80 with 46,839 shares. Clico Investment traded 63 cents higher to $21.40 with 3,000 units, Grace Kennedy with a gain of 1 cent, closed at $2.86 with 33,000 shares and JMMB Group ended gaining 3 cents to close at $1.33, in exchanging 15,195 shares.
Losses| The last traded prices of securities declining and the volume changing hands are Massy Holdings with a loss of 1 cent to end at $48.99 with 920 units, National Enterprises closing at $10.37, after losing 10 cents while exchanging 3,045 units, NCB Financial Group lost 10 cents, in closing at $5 with 36,733 shares and Trinidad & Tobago NGL closed at $22.99, with a loss of 1 cent trading 4,502 units.
Firm Trades| The last traded prices of securities and the volume traded unchanged at the close of trading are First Caribbean International Bank trading 5,000 shares at $8.02, Guardian Holdings closing at $15 with 69,828 shares valued at $1,047,420 and Sagicor Financial at $8 with 18,013 shares changing hands.
5 TTSE stocks fall 3 rise
The Trinidad & Tobago Stock Exchange continue to slip on Thursday as 15 securities changed hands compared to 17 on Wednesday with all market indices falling.
At the close, 3 stocks advanced, 5 declined and 7 were unchanged at the last traded prices as 381,687 shares traded at a value of $1,583,237 compared to Wednesday’s trades of 142,022 valued at $2,320,841.
The Composite Index declined by 3.01 points to 1,239.55, the All T&T Index dropped 3.80 points to 1,784.05 and the Cross Listed Index was down 0.30 points to close at 93.35.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 3 with lower offers.
Gains| The last traded prices of the securities rising and the volume changing hands are Agostini’s that gained 1 cent and closing at a 52 weeks’ high of $20.53 with a mere 29 units, First Caribbean International Bank closed at $8.02 with a 1 cent gain in exchanging 200 units and Scotiabank with gains of 3 cents, closed at $58.03 with 2,925 shares.
Losses| The last traded prices of securities declining and the volume changing hands are Ansa McAL ending with a loss of 20 cents, to $65.59 with 251 units, First Citizens closed at $32, after losing 1 cent and exchanging just 19 units, Guardian Holdings traded 50 cents lower to $15 with 10,000 shares. NCB Financial Group lost 5 cents, closing at $5.10 with 4,518 shares and Trinidad Cement closed at $4.20, with a loss of 1 cent trading 225 units.
Firm Trades| The last traded prices of securities and the volume traded unchanged at the close of trading are Grace Kennedy in exchanging 21,000 shares at $2.85, Massy Holdings closing at $49 with 7,536 shares valued at $369,182, National Flour Mills trading 318,544 shares at $2 valued at $637,088. Prestige Holdings closed at $10.80 with only 9 units, Sagicor Financial held firm at $8 with 1,097 units, Scotia Investments remained at $2.25 with trades of 10,000 shares and Trinidad & Tobago NGL exchanged 5,334 shares at $23.
TTSE stocks continue to be weak
Reflecting a general weakness in the performance of stocks listed on the Trinidad & Tobago Stock Exchange ,the market closed trading on Wednesday with more securities falling in price than those rising and with three falling to 52 weeks’ lows.
Trading ended with 17 securities changing hands compared to 13 on Tuesday but trading levels fell by more than half with market activity resulted in 142,022 shares traded for $2,320,841 compared to Tuesday’s trades of 367,871 units valued at $5,030,961.
The two major indices recorded declines for a 4 consecutive day as, 5 stocks advanced, 7 declined and 5 were unchanged, based on the last price each security traded for the day. The Composite Index declined 0.85 points to 1,242.56, the All T&T Index dropped 2.46 points to 1,787.85 and the Cross Listed Index added 0.11 points to close at 93.65.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 6 stocks with bids higher than last selling prices and 4 with lower offers.
Gains| The last traded prices of the securities rising and the volume changing hands are Angostura Holdings with gains of 10 cents, closed at $15.25 with 600 units, First Citizens rising 1 cent, to $32.01 with 1,000 units,NCB Financial that traded 4 cents higher to $5.15 with 266 units while Trinidad & Tobago NGL rose 2 cents and closed at $23 with 7,037 shares and Trinidad Cement closed at $4.21, after adding 1 cent with 6,131 shares.
Losses| The last traded prices of securities declining and the volume changing hands are Guardian Holdings that ended with a loss of 50 cents, closing at $15.50 with 2,281 shares, National Enterprises closed at $10.47, losing 1 cent in exchanging 10,000 shares, Republic Financial Holdings ended with a loss of 1 cent at a 52 weeks’ low of $101.90 trading 3,633 shares valued at $370,227. Sagicor Financial declined 19 cents to close at $8 with 61,940 shares valued at $495,610, Scotiabank lost 2 cents, closing at $58 with 34 units, Unilever Caribbean tumbled $1.11 to a 52 weeks’ low of $49.39 with 5,070 shares and West Indian Tobacco closed 46 cents lower to a 52 weeks’ low of $125 with 62 units.
Firm Trades| The last traded prices of securities and the volume traded unchanged at the close of trading are Clico Investment exchanged 4,400 shares at $20.77, Massy Holdings closed at $49 with 10,780 shares valued at $528,220 and National Flour Mills traded 16,460 shares at $2. One Caribbean Media exchanged 11,980 shares at $14.25 nd Point Lisas remained at $4 with 348 units.