Modest recovery for JSE majors – Friday

October 19, 2018 by

NCB stock jumped $14 on Friday partially offsetting the $17.40 fall on Thursday.

The Jamaica Stock Exchange main market closed on Friday with modest gains with 9 securities rising and 10 declining, the day after the worse fall in the market on Thursday.
At the close, 27 securities traded, including 2 in the US dollar market, compared to 35 trading on Thursday as the All Jamaica Composite Index rose 551.83 points to 397,740.44 and the JSE Index advanced 502.78 points to close at 362,386.57.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading shows 7 stocks ending with bids higher than the last selling prices and 5 closing with lower offers.
Trading ended with 10,008,495 units valued at $182,444,407 changing hands, compared with 5,646,169 units valued at $146,430,983 on Thursday.
Trading closed with Wisynco Group leading with 6,729,950 units and 67 percent of the day’s volume, followed by Scotia Group trading 1,233,547 shares or 12 percent of the day’s volume and Victoria Mutual Investments with 631,604 units and 7 percent of volume traded.
Trading resulted in an average of 400,340 units valued at over $7,297,776, in contrast to 188,206 shares valued at $4,881,033 on Thursday. The average volume and value for the month to date amounts to 348,491 shares, valued $6,304.830 and previously 345,251 shares, valued $6,238,100. September closed, with an average of 1,022,243 shares valued $15,752,876, for each security traded.
In the main market activity, Grace Kennedy rose 45 cents and ended trading of 97,439 shares at $59, Jamaica Broilers lost $1.70 in trading 30,918 stock units to close at $30, Jamaica Producers rose 25 cents to close of $29.75 with 32,600 units changing hands, Kingston Wharves fell 55 cents in exchanging 15,115 stock units, to close at $80.50, Mayberry Investments rose 38 cents to settle at $11 with 41,697 units trading, NCB Financial Group jumped $14 and ended at $125, trading 171,031 shares, PanJam Investment dropped $1 to $63 trading 24,672 shares, Sagicor Group jumped $3.70 to $46.50, trading 81,893 shares, Sagicor Real Estate Fund lost 40 cents to close at $13.60, trading 58,292 shares, Scotia Group dropped 92 cents, trading 1,233,547 units to close at $52.08, Supreme Ventures gained 51 cents to end at $17.51, with 64,060 shares changing hands and Victoria Mutual Investments rose 50 cents and concluded trading of 725,534 stock units at $4.50.
Trading in the US dollar market closed with 54,400 units valued at US$6,924 changing hands as Proven Investments ended trading 9,400 to close at 21 US cents and Sygnus Credit Investments US dollar ordinary share traded 45,000 units to end at 11 US cents. The JSE USD Equities Index rose 1.98 and closed at 164.66.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , ,

Fluid price movements on TTSE on Friday

October 19, 2018 by

Stocks mostly rose in trading on the Trinidad & Tobago Stock Exchange on Friday, with the price of 6 security rising, 4 declining and 8 remaining unchanged.
The market ended trading of 276,756 shares at a value of $7,002,384 compared to 143,335 shares at a value of $2,574,472 changing hands on Thursday and ended with 18 securities changing hands, similar to the number trading on Thursday.
Trading closed, with the Composite Index declining 1.51 points to 1,233.15, the All T&T Index rose 1.10 points to 1,700.08, while the Cross Listed Index declined 0.57 points to close at 103.06.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading closed with 5 stocks ending with higher bids than the last selling prices and 3 with lower offers. The market closed with a number of stocks exhibiting a posture for moving higher in the days ahead, the group are, Agostini’s, Ansa McAl, Republic Holdings, Point Lisas, Trinidad and Tobago NGL and West Indian Tobacco with a 3 for 1 stock split to come to make the stock more attractive for investors to trade.

Watch Witco stock in coming days

Stocks closing with gains| Clico Investments gained 35 cents and ended at $20.35, with 525 stock units changing hands, Guardian Holdings added 2 cents and completed trading of 500 units at $16.92, National Enterprises increased 4 cents and ended at $9.01, with 770 stock units changing hands, Republic Financial Holdings rose 5 cents and ended trading at $106, after exchanging 48,007 shares, Scotiabank closed with a gain of 5 cents in trading 3,700 units at $64.85 and Trinidad & Tobago NGL gained 10 cents and settled at $29.50, exchanging 1,000 shares.
Stocks closing with losses| First Caribbean International Bank traded with a loss of 10 cents at $8.40, trading 7,500 units, First Citizens fell 7 cents and settled at $32.68, after exchanging 4,135 shares, Prestige Holdings closed with a loss of 4 cents and completed trading 2,663 units at a 52 weeks’ low of $7.50 and Sagicor Financial shed 14 cents and ended at $7.55 with 70,472 stock units changing hands.
Stocks trading with no price change| Angostura Holdings ended at $15.75, with 500 stock units changing hands, Ansa Merchant settled at $38.25, after exchanging 3,000 shares, Calypso Macro Index Fund traded 800 shares to close at $15.81, JMMB Group ended at $1.63, after exchanging 7,500 shares, National Flour completed trading at $1.70, with 15,928 units changing hands, NCB Financial Group settled at $6.15, after exchanging 108,531 shares, Trinidad Cement concluded at $2.70, in exchanging 962 shares and West Indian Tobacco completed trading of 263 units at $90.
Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , ,

Worse fall in JSE history – Thursday

October 18, 2018 by

The Jamaica Stock Exchange main market had the largest fall ever as Scotia Group fell $3.01 and NCB Financial dived $17.40, as 15 stocks declined, 10 rose and 10 held firm and making big dents into the market indices on Thursday.
At the close, the All Jamaica Composite Index diving 12,616.74 points to close at 397,188.61 and the JSE Index declined by 11,495.27 points to close at 361,883.79.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading shows 6 stocks ending with bids higher than the last selling prices and 6 closing with lower offers.
A total of 35 securities traded including 5 in the US dollar market, compared to 32 trading on Wednesday.
Trading ended with 5,646,169 units valued at $146,430,983 changing hands, compared with 3,255,602 units valued at $64,853,916 on Wednesday.
Trading closed with Carreras leading with 1,796,079 units and 31.8 percent of the day’s volume, followed by Victoria Mutual Investments with 631,604 units and 11.2 percent of volume traded and Caribbean cement trading 621,915 units or 11 percent of the day’s volume.
Trading resulted in an average of 188,206 units valued at over $4,881,033, in contrast to 101,738 shares valued at $2,026,685 on Wednesday. The average volume and value for the month to date amounts to 345,251 shares, valued $6,238,100 and previously, 357,984 shares, valued $6,357,141. September closed, with an average of 1,022,243 shares valued $15,752,876, for each security traded.
In the main market activity, Barita Investments climbed $1 to close at a record high of $21, with 6,500 shares trading, Caribbean Cement lost $1.23 in trading 621,915 units to close at $48.72, Grace Kennedy lost 75 cents and ended trading 4,193 shares at $58.55, Jamaica Broilers lost 50 cents to close at $31.50, with 30,918 stock units changing hands, Kingston Wharves fell $1.02 in exchanging 57,215 stock units, to close at $81.05, Mayberry Investments lost 59 cents and settled at $10.62, with 57,215 units, Mayberry Jamaican Equities traded 177,801 to close at a record high of $13 after 177,801 shares were traded, NCB Financial Group dropped $17.40 and ended at $111, trading 498,447 shares, 138 Students Living lost 79 cents while trading 3,100 shares and closed at $3.81, Pulse Investments added 50 cents to $3, trading 100,000 shares, Sagicor Group rose 77 cents to $42.80, trading 10,679 shares, Salada Foods lost $3.15 and ended trading at $21.80, with 7,950 stock units, Scotia Group dropped $3.01 trading 271,275 units to close at $53, Seprod jumped $3.40 and finished trading at $39, with 6,440 shares changing hands, Stanley Motta rose 45 cent in closing at $5 trading 3,555 shares and Supreme Ventures fell 51 cents to end at $17, with 222,000 shares changing hands.
Trading in the US dollar market closed with 147,541 units valued at $214,248 changing hands as JMMB Group 5.75% preference shares traded 100,000 units and gained 5 cents to end at $2.05, JMMB Group 6% preference shares traded 177 units and lost 1 cent to end at $1.07, Productive Business Solution lost 4 cents in trading 171 shares to end at 55 cents, Proven Investments ended trading with 41,883 to close at 21 US cents and Sygnus Credit Investments US dollar ordinary share traded 5,310 units to end at 11 US cents. The JSE USD Equities Index declined by 5.10 points to 162.68.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Junior Market drops 130 points in 3 days

October 18, 2018 by

The Junior Market Index dropped 129.61 points in three day including a drop of 63.02 on Thursday to close at 3,283.25 after 23 securities changed hands as just 4 securities advanced, 11 declined and 8 remained unchanged.
The market closed with an exchange of 1,535,498 units valued at $7,110,385, compared to 2,186,515 units valued at $8,022,205 on Wednesday from 29 securities that traded.
Trading ended with an average of 66,761 units for an average of $309,147 in contrast to 78,090 units for an average of $286,507 on Wednesday. The average volume and value for the month to date amounts to 76,083 units valued at $349,211 and 76,725 units valued at $351,970, previously. September, ended with an average of 484,335 at $2,628,299 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 4 stocks ending with bids higher than their last selling prices, while 5 closed with lower offers.
At the close of trading, AMG Packaging ended with a loss of 8 cents at $1.82, with 51,277 stock units trading, Blue Power concluded trading with a loss of 50 cents at $6, with 30,062 units, CAC2000 finished with a loss of 2 cents at $18, with 10,000 shares changing hands, Cargo Handlers settled 4 cents higher at $13.49, in exchanging 52,740 shares, Derrimon Trading ended at $2.80, trading 284,353 shares. Elite Diagnostic closed at $3.40, with the swapping of 63,315 stock units, Everything Fresh traded 12,000 shares to close at $1.90, Express Catering ended trading with a loss of 20 cents to $8.30, with 238,377 shares changing hands, FosRich Group traded 37 cents higher at $3.70, with 14,982 shares, General Accident rose 25 cents to $3.95, in trading 2,100 shares. GWest Corporation closed with a loss of 10 cents at $1.80, with 22,918 stock units changing hands, Honey Bun ended at $4, trading 308 units, Indies Pharma lost 30 cents to end at $3 with 103,634 shares changing hands. Iron Rock concluded trading of 14,500 shares at $4.50, Jamaican Teas settled 40 cents higher at $4.20, with 4,500 shares changing hand. Jetcon Corporation ended trading of 137,500 stock units at $3.50, but only after trading at a 52 weeks’ low of $3.45. Knutsford Express closed at $11.50, with 10,100 shares trading, Lasco Distributors ended with a loss of 10 cents at $4, with 189,009 shares changing hands, Lasco Financial concluded trading of 28,860 stock units with a loss of 5 cents at $5.30. Lasco Manufacturing finished with a loss of 42 cents at $3.30, in swapping of 251,408 units, Paramount Trading closed with 3,600 shares trading with a loss of 60 cents at $2.15, SSL Venture Capital traded 9,500 shares at $2 and Stationery and Office finished trading with a loss of 8 cents at $9.90, with 455 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , ,

7 stocks fall on TTSE on Thursday

October 18, 2018 by

Stocks mostly rose in trading on the Trinidad & Tobago Stock Exchange on Thursday, with the price of 1 security rising, 7 declining and 10 remaining unchanged.
The market ended trading of 143,335 shares at a value of $2,574,472 compared to 505,143 shares at a value of $9,376,075 changing hands on Wednesday and ended with 18 securities changing hands, against 13 trading on Wednesday.
Trading closed, with the Composite Index declining by 5.87 points to 1,234.66, the All T&T Index fell 5.69 points to 1,698.98, while the Cross Listed Index declined 0.83 points to close at 103.63.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading closed with 4 stocks ending with higher bids than the last selling prices and 4 with lower offers.
Stocks closing with gains| First Citizens rose by 10 cents to $32.75, after exchanging 1,376 shares.
Stocks closing with losses| Ansa Mcal dropped $1.49 and completed trading 18 units at $55.50, Grace Kennedy closed with a loss of 24 cents at $2.75, with 2,970 stock units changing hands, JMMB Group shed 7 cents to end at $1.63, after exchanging 45,892 shares, LJ Williams B share lost 5 cents and settled at 70 cents, after exchanging 100 shares, Republic Financial Holdings ended trading 5 cents lower at $105.95, after exchanging 590 shares, Scotiabank fell 5 cents and completed trading at $64.80, with 19,888 units and Trinidad Cement traded with a loss of 4 cents at $2.70, after exchanging 1,000 shares.
Stocks trading with no price change|Clico Investments closed at $20, with 13,600 stock units changing hands, First Caribbean International Bank completed trading 190 units at $8.50, Massy Holdings ended at $46.92, after exchanging 579 shares and trading at an intraday 52 weeks; low of $48.85. National Enterprises ended at $8.97, with 28,539 stock units changing hands, National Flour completed trading 2,728 units at $1.70, NCB Financial Group settled at $6.15, after exchanging 11,964 shares, One Caribbean Media concluded market activity at $12, after exchanging 1,868 shares, Prestige Holdings completed trading 533 units at $7.54, Trinidad & Tobago NGL settled at $29.40, after exchanging 10,000 shares and West Indian Tobacco completed trading of 1,500 shares at $90.
EM>Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , ,

Profit jumps 56% at Knutsford Express

October 18, 2018 by

Knutsford Express posted strong gains in profit for Q1.

After more than a year when Knutsford Express traded at elevated levels, things are on the mend but investors in the stock may still have to wait to see their investment paying off with much increase in the stock price.
The company’s latest results is encouraging that investors’ wait for full recovery of the price may not be far away. Profit jumped 56 percent in the August quarter to $88 million from $57 million in 2017 from Sale revenues that rose 23 percent for the quarter to $293 million from $237 million in 2017.
The company still has not provided investors with relevant information to be able to see what gross profit margin they are enjoying to better determine how well the operation is being managed.
Expenses rose at a slower pace than revenues, climbing 16 percent to $211 million from $181 million. Earnings per share rose to 18 cents for the quarter, up from 11 cents on 2017. IC Insider.com is forecasting 75 cents per share. The stock traded at $11.5 on the Junior Market of the Jamaica Stock Exchange, with a PE ratio of 15 times 2019 earnings.
Gross cash flow brought in $108 million but growth in receivables, inventories, addition of $61 million to fixed assets net cash flows used up just $4 resulting in with cash and bank balances of $134 million plus short term investments of $96 million. At the end of August, shareholders’ equity stands at $714 million with borrowings at just $71 million. Net current assets ended the period $280 million well over Payables of $34 million.

Filed Under: Company News, Company Results Tagged With: , , , ,

Stocks dive again on JSE – Wednesday

October 17, 2018 by

The sharp fall in prices on the Jamaica Stock Exchange main market continued on Wednesday closed with 19 declining just 8 rising and 7 holding firm and making big dents into the market indices.
At the close, the All Jamaica Composite Index diving 5,114.14 points to 409,805.35 and the JSE Index declined by 4,659.56 points to close at 373,379.06.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading shows 5 stocks ending with bids higher than the last selling prices and 1 closing with a lower offer.
A total of 34 securities traded including 2 in the US dollar market, compared to 32 trading on Tuesday.
Trading ended with 3,255,602 units valued at $64,853,916 changing hands, compared with 3,865,461 units valued at $98,334,906 on Tuesday.
Trading closed with JMMB Group leading with 842,614 units and 25.9 percent of the day’s volume, followed by Carreras with 569,061 units and 17.5 percent of volume traded and Ciboney trading 500,000 units or 15.4 percent of the day’s volume.
Trading resulted in an average of 101,738 units valued at over $2,026,685, in contrast to 128,849 shares valued at $3,277,830 on Tuesday. The average volume and value for the month to date amounts to 357,984 shares, valued $6,357,141 and previously, 382,244 shares, valued $6,804,156. September closed, with an average of 1,022,243 shares valued $15,752,876, for each security traded.
In the main market activity, Grace Kennedy rose 69 cents and ended trading 6,606 shares at $59.30, Jamaica Producers dropped 50 cents to close of $29.50 with 50,226 units changing hands, JMMB Group dropped $3.50 and ended at $31.50, with 842,614 shares trading. Kingston Wharves fell 43 cents in exchanging 11,112 stock units, to close at $82.07, NCB Financial Group lost 60 cents and ended at $128.40, trading 73,778 shares, Pulse Investments shed 30 cents to $2.50 trading 1,000 shares, Sagicor Group dropped $4.47 to $42.03, trading 100,416 shares, Sagicor Real Estate Fund lost 50 cents to close at $14, trading 14,745 shares, Salada Foods lost 55 cents and ended trading at $24.95, with 7,800 stock units, Scotia Group dropped $2.99 trading 46,233 units to close at $56.01, Seprod lost $4.40 and finished trading at $35.60, with 15,764 shares changing hands, Stanley Motta lost 45 cents in closing at $4.55 trading 67,400 shares, Sterling Investments gained 80 cents and closed at $23.30, with 250 shares and Supreme Ventures fell $2.48 to end at $17.51, with 89,967 shares changing hands.
Trading in the US dollar market closed with 32,239 units valued at US$4,310 changing hands as Proven Investments ended trading 7,639 to close at 21 US cents and Sygnus Credit Investments US dollar ordinary share traded 24,600 units to end at 11 US cents. The JSE USD Equities Index closed unchanged at 167.78.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Junior Market drops again on Wednesday

October 17, 2018 by

The Junior Market Index dropped 40.27 points to close at 3,346.27 in trading on Wednesday with 28 securities changing hands, resulting in an exchange of 2,186,515 units valued at $8,022,205, compared to 2,166,309 units valued at $10,544,793 on Tuesday from 29 securities that traded.
At the close of market activities, the prices of 7 securities advanced, 11 declined and 10 remained unchanged.
Trading ended with an average of 78,090 units for an average of $286,507 in contrast to 74,700 units for an average of $363,614 on Tuesday. The average volume and value for the month to date amounts to 76,725 units valued at $351,970 and 76,601 for an average of $357,960 previously. September, ended with an average of 484,335 at $2,628,299 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 5 stocks ending with bids higher than their last selling prices, while 4 closed with lower offers.
At the close of trading, Access Financial closed with a loss of 60 cents at $45.50, trading 200 shares, AMG Packaging fell 5 cents to end at $1.90, with 181,500 stock units changing hands, Blue Power concluded trading at $6.50, with 2,500 units, CAC2000 finished at $20, with 1,700 shares traded, Cargo Handlers settled with a loss of 5 cents at $13.45, with 1,320 shares changing hands Caribbean Cream ended trading at $6.75, with 20,000 shares, Caribbean Producers finished trading 19 cents higher at $6.89, with 126 units, Derrimon Trading ended with a loss of 20 cents at $2.80, exchanging 100,659 shares, Elite Diagnostic finished with a loss of 10 cents at $3.40, with 18,495 stock units changing hands. Eppley settled at $9, trading 489 units, Everything Fresh traded 153,000 shares to close at $1.90, Express Catering ended trading 9 cents higher at $8.50, exchanging 57,736 shares, FosRich Group traded 7,954 shares with a loss of 27 cents at $3.33, General Accident finished trading of 26,850 shares at $3.70. GWest Corporation closed 10 cents higher at $1.90, with 43,253 stock units being exchanged, Indies Pharma ended with 283,523 shares changing hands at $3. Iron Rock concluded trading of 2,000 shares and rose 10 cents to $4.50, Jamaican Teas dropped 58 cents to $3.80, with 84,000 shares changing hands, Jetcon Corporation ended trading of 276,043 stock units with a loss of 40 cents at $3.50. Knutsford Express closed with a loss of 50 cents at $11.50, with 14,400 shares trading, Lasco Distributors ended at $4.10, with 242,367 shares changing hands, Lasco Financial concluded trading 282,547 stock units with a loss of 12 cents at $5.35, Lasco Manufacturing finished with a loss of 3 cents at $3.72, in exchanging 35,767 units. Main Event settled 10 cents higher at $6.05, with 68,659 shares changing hands, Medical Disposables ended trading 99 cents higher at $7.49, with 300 shares, SSL Venture Capital traded 268,584 shares at $2, Stationery and Office finished trading 12,043 stock units after rising 38 cents higher to end at a record closing high at $9.98 and tTech ended at $5, with 500 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

7 stocks rose on TTSE on Wednesday

October 17, 2018 by

Trinidad & Tobago Stock Exchange Head Quarters

Stocks mostly rose in trading on the Trinidad & Tobago Stock Exchange on Wednesday, with the prices of 7 securities rising, 2 declining and 4 remained unchanged.
The market ended trading of 505,143 shares at a value of $9,376,075 compared to 530,843 shares at a value of $24,133,808 changing hands on Tuesday and ended with 13 securities changing hands, against a same number trading on Tuesday.
Trading closed, with the Composite Index rising 1.68 points to 1,240.53, the All T&T Index adding 1.48 points to 1,704.67, while the Cross Listed Index rose 0.26 points to close at 104.46.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading closed with 4 stocks ending with higher bids than the last selling prices and 4 with lower offers.
Stocks closing with gains| Clico Investments rose 49 cents and ended at $20, with 307,017 stock units changing hands, Guardian Holdings closed with a gain of 1 cent and completed trading 124,882 units at $16.90, National Flour gained 5 cents and ended trading 15,000 units at $1.70, NCB Financial Group finished trading with 5 cents and settled at $6.15, after exchanging 25,980 shares, Prestige Holdings closed with an increase of 2 cents and completed trading at $7.54, with 410 units, Trinidad & Tobago NGL added 10 cents and settled at $29.40, after exchanging 16,700 shares and West Indian Tobacco closed with a rise of 1 cent and completed trading of 971 units at $90.

Stocks closing with losses|Massy Holdings traded with a loss of 8 cents and closed at $46.92, after exchanging 3,153 shares and Scotiabank fell 4 cents and completed trading of 2,175 units at $64.85.
Stocks trading with no price change|JMMB Group ended at $1.70, after exchanging 2,248 shares, Republic Financial Holdings concluded trading at $106, after exchanging 611 shares, Sagicor Financial ended at $7.69, with 5,350 stock units changing hands and Unilever Caribbean ended at $25.50, trading 646 stock units.
EM>Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , , , ,

Sharp price changes hit JSE – Tuesday

October 16, 2018 by

The Jamaica Stock Exchange main market closed with a number of stocks having large price changes and the market indices pulling back from the record close on Friday.
At the end of trading, the All Jamaica Composite Index dived 3,531.21 points to 414,919.49 and the JSE Index declined by 3,217.33 points to close at 378,038.62.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading shows 4 stocks ending with bids higher than the last selling prices and 4 closing with lower offers.
A total of 32 securities traded including 2 in the US dollar market, compared to 30 trading on Friday with the prices of 10 securities rising, 17 declining and 5 holding firm.
Sagicor Group traded at a 52 weeks’ closing high of $46.50, Mayberry Equities  traded at an intraday high of $20 and ended at a 52 weeks’ closing high of $12.51 and Carreras traded at a 52 weeks’ intraday low of $8.80.
Trading ended with 3,865,461 units valued at $98,334,906 changing hands, compared with 17,261,656 units valued at $203,142,878 on Friday.
Trading closed with Carreras with 896,721 units and 23.2 percent of the day’s volume, dominating trading, followed by Jamaica Stock Exchange with 454,951 units and 11.77 percent of volume traded and Grace Kennedy trading 449,788 units or 11.64 percent of the day’s volume.
Trading resulted in an average of 128,849 units valued $3,277,830, in contrast to 595,230 units valued $7,004,927 on Friday. The average volume and value for the month to date amounts to 382,244 shares, valued $6,804,156 and previously, 406,926 shares, valued $7,181,976. September closed, with an average of 1,022,243 shares valued $15,752,876, for each security traded.
In the main market activity, Berger Paints shed 50 cents and closed at $22, trading 4,395 shares, Grace Kennedy rose 49 cents and ended trading 449,788 shares at $59.50, Jamaica Broilers lost 41 cents in trading 21,347 stock units, to close at $32.01, Jamaica Producers dropped $3 to close of $30 with 338,585 units changing hands, Kingston Wharves gained 50 cents in exchanging 6,921 stock units, to close at $82.50, Mayberry Investments lost 49 cents to close at $11.01 after trading 32,524 shares, NCB Financial Group lost 99 cents and ended at $129, trading 166,004 shares, PanJam Investment closed $1.50 lower at $64, with 77,368 stock units trading, Portland JSX traded 38,580 shares but fell 40 cents to close at $8.10, Pulse Investments gained 40 cents to $2.80 trading 261,000 shares, Sagicor Group jumped $4.02 to $46.50, trading 10,276 shares, Sagicor Real Estate Fund lost 40 cents to close at $14.50, trading 154,592 shares, Scotia Group rose $1 trading 4,055 units to close at $59, Seprod after dropping sharply by $12.50 on Friday, suffered another huge dive for the second day by $10.50 and finished trading at $39, with 2,000 shares changing hands after the announcement of the sale of 92 million shares at $23.99 each. Sterling Investments lost 50 cents to close at $22.50 while trading 27,270 shares, Supreme Ventures jumped $2.48 to end at $19.99, with 56,045 shares changing hands and Wisynco Group lost 30 cents to end at $10, trading 243,477 shares.
Trading in the US dollar market closed with 403,750 units valued at US$44,588 changing hands as Proven Investments ended trading just 1,750 to close at 21 US cents and Sygnus Credit Investments US dollar ordinary share traded 402,000 units and rose 0.05 cent to end at 11 US cents. The JSE USD Equities Index lost 0.90 points to 167.78.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , ,