Junior Market jumps 80 points to record close

September 10, 2018 by

The Junior market close at a record high on Monday after trading under the old record for more than 15 months.

The Junior Market has now joined the main market in ending at a record close, when it hit an historical high on Monday, having gained 80.58 points to end at 3,392.58 and beating the record closing high of 3,375.24, on May 24 last year.
Monday’s gain raised the gain in the market for the year to date, to 24.3 percent.
Trading resulted in 30 securities, compared to 30 that changed hands on Friday, leading to 10 advancing, 4 declining and 15 remaining unchanged. Three securities traded at new highs during trading with just two, Derrimon Trading and Indies Pharma closing at record high. Investors exchanged 1,652,479 units valued at $6,242,412 compared to 150,624,130 units valued at $942,907,794 on Friday.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading had 7 stocks ending with bids higher than their last selling prices, 2 closed with lower offers.
Trading closed with an average of 63,557 units for an average of $240,093 in contrast to 5,020,804 units for an average of $31,430,260 on Friday. Trading for the month to date averages 1,021,454 units for an average of $6,293,646 and on the prior trading day, an average of 1,207,314 units for an average of $7,396,642. Trading in August, averaged 244,613 units at $1,348,298 for each security traded.
At the close of trading, AMG Packaging ended trading of 6,540 stock units at $1.94, Blue Power jumped to a record intraday high of $7 but concluded trading at $6, exchanging 59,817 units, Cargo Handlers settled at $13, trading 19,309 shares, Caribbean Cream ended trading $1.21 higher at $7.10, with 6,700 shares changing hands, Caribbean Producers finished trading 81,015 units and climbed 50 cents higher $6. Derrimon Trading jumped 79 cents higher to a record close of $3.99, with 362,263 shares changing hands, Dolphin Cove concluded trading of 671 shares and rose 50 cents to $17, Elite Diagnostic finished 4 cents higher at $3.16, trading 6,400 stock units, Everything Fresh rose 5 cents in trading 77,000 shares to end at $2.40, Express Catering rose 10 cents to $8, in exchanging 19,992 shares. FosRich Group traded 46,950 shares at $3, GWest Corporation closed at $2.15, in exchanging 36,154 stock units, Honey Bun ended at $4, with 48,100 units changing hands, Indies Pharma gained 25 cents with 305,131 shares changing hands to end at a record close, at $3.25, ISP Finance closed at $20, trading 350 shares. Jamaican Teas climbed 25 cents higher to $4.20, after 28,050 shares were traded, Jetcon Corporation ended trading of 1,220 stock units with a loss of 23 cents at $3.87, KLE Group lost 5 cents to end at $3, with an exchange of 10,000 shares, Lasco Distributors ended at $4, with 99,646 shares changing hands. Lasco Financial concluded trading of 53,035 stock units at $5.90, Lasco Manufacturing finished with a loss of 1 cent at $4, trading just 475 units, Main Event recovered 78 cents of Friday’s loss to close at $5.98, with 4,465 shares changing hands, Paramount Trading traded with a loss of 28 cents at $2.72, with 3,000 shares and Stationery and Office finished trading 22,219 stock units at $8.85 and tTech ended at $6, exchanging 3,977 shares. In the Junior Market preference segment, Derrimon Trading ended at $2.51, with 350,000 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: , , , , , , , , , , , , , , , , , , , , , , , , , , ,

6 TTSE stocks fall 1 rise on TTSE – Monday

September 10, 2018 by

The Trinidad & Tobago Stock Exchange, closed on Monday, with 14 securities changing hands, with the price of one rising, 6 declining and 7 remaining unchanged.
The market ended trading in 144,145 shares valued $8,121,828 compared to 15 securities traded on Friday resulting in 450,814 shares valued $2,562,248 changing hands.
At close, the Composite Index the Composite Index fell 2.97 points on Monday to 1,216.29, the All T&T Index dipped 1.17 points to 1,689.36, while the Cross Listed Index declined 0.66 points to close at 99.90.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading closed with 2 stocks ending with a higher bid than the last selling prices and 3 with lower offers.
Stocks closing with gains| Republic Financial Holdings `added 4 cents and completed trading at a 52 weeks’ high of $103.61, after exchanging 68,729 shares.
Stocks closing with losses| Clico Investments ended trading 1 cent lower and settled at $19.99, with 2,849 stock units changing hands, NCB Financial Group concluded trading with a loss of 8 cents and ended at $5.67, after exchanging 900 shares, Sagicor Financial traded with a loss of 11 cents and settled at $7.51, with 2,475 stock units changing hands, Scotiabank lost 25 cents and concluded trading of 637 units at $64.75, Trinidad & Tobago NGL closed with a loss of 40 cents at $29, in exchanging 7,737 shares and West Indian Tobacco shed 50 cents to close at $87.50, with 75 units changing hands.
Stocks trading with no price change| Angostura Holdings settled at $15.75, with 36 stock units changing hands, Ansa Mcal traded 8,815 units at $56, First Citizens ended at $32.77, after exchanging 1,450 shares, Grace Kennedy settled at $2.75, with 15,000 stock units changing hands, JMMB Group completed trading at $1.70, in exchanging 30,000 shares, National Flour concluded trading of 2,752 units at $1.75 and Trinidad Cement completed trading at $2.70, after exchanging 2,690 shares.
Prices of securities trading for the day are those at which the last trade took place.

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

NCB Financial still key stock to watch

September 10, 2018 by

NCB closed $2 higher on Friday.

Bulls pushed he Jamaican stock market, to new heights last week, with more gains expected this week with the strong likelihood that the Junior Market will clear the historical high reached in 2017..
NCB Financial played an important role in the market movement last week for the main market and Derrimon Trading chipped in for the Junior Market, these were not the only contributors to the gains in in the market last week.
Investors should keep their eyes on a number of stocks this week. NCB that closed on $115, should move higher this week as demand continues to build and with limited supply on offer. Scotia Group last trade was at $59.50 but the price could pull back before they release results for the July quarter on Wednesday. Those results could set the stage for price movements over the next few weeks. With PE ratios rising even a modest increase in profits could see the price moving into record territory.
Grace Kennedy may not be ready to break out of the $60 range as yet but it’s a stock to keep an eye on. Caribbean Cement keeps trading between $46 to $50, but there appears no real desire to move the price forward. Kingston Wharves closed the past week at a record high of at $68.50 and seems poised to move higher but the PE ratio of 44 is compared to a market average of 14, is scary. Supply of the stock remains low, with just two offers of 6,813 shares are displayed. Sygnus Credit Investments picked up last week buoyed by full year results in line with expectations of US$1.4 million. Demand should carry over into the current week and could lift the price further. Jamaica Producers has very limited volume on offer mostly in the higher $20 region while demand is building at $19 and just below.
In the Junior market, Indies continue with strong demand existing for the stock, with news of potential acquisition and new products, the stock is worth watching for more gains. Demand is building for Elite Diagnostics while supply has waned. General Accident could move higher as more demand comes in for it with limited selling, but investors may not want to be more aggressive with this stock at this time. If the company were to announce expansion into the Eastern Caribbean it may well make a difference.
Caribbean Flavours continues to slowly move higher and could do the same this week. There is no certainty the Derrimon Trading will rise any higher now that the price is in the mid three to four dollar level but must be watched. Medical Disposables, should be on the watch list for investors.
Stocks with scarce supplies that could spring surprises include Grace Kennedy, NCB Financial, Berger Paints, Caribbean Cement, Kingston Wharves, PanJam Investment, Sagicor Group, Salada Foods, Seprod and Scotia Group.
The Junior Market supplies continue to be limited for many of the listings. The list includes, Caribbean Flavours, Cargo Handlers, Derrimon Trading, Express Catering, General Accident, Caribbean Cream, Medical Disposables and Stationery and Office Supplies.
An overall view of stocks indicates that the main market continues to be steered higher by an upward sloping support line as well the 45 and 125 day moving averages, lending support just below. The Junior Market now at a 15 months’ high, is being steered by an upward rising long-term support line and a golden cross. The golden cross is a very strong bullish long-term signal.

Filed Under: Stocks to watch Tagged With: , , , , , , , , , , , , , , ,

3 new additions to IC TOP 10 stocks

September 10, 2018 by

Main Event is back in TOP 10.

The main market of the Jamaica Stock Exchange, racked up 6 consecutive days of record close on Friday, while the Junior market closed the week just 63 points short of the record close in 2017.
The gains in the two markets is driving the PE ratio of the market higher with the overall PE for the Junior Market rising from to 13 and the main market from 13.7 last week to 13.7 and 14 respectively, this week. Recent movement in the PE suggest that average PE for the market will end 2018 around 18 and 20 by the end of January as conditions continue to favour stocks as the preferred investment of choice along with real estate.
The Top 10 has three changes at the end of the week as movement in prices was the sole factor influencing the change. Caribbean Producers and Main Event dropped sharply in price on Friday and reentered the top list. While Caribbean Producers declined due partially to lower full year’s profit than was expected butt should recover as improved results for the 2019 fiscal year should be enhance with efficiency improvements, the sharp decline in the price from $7 to $5.20 of Main Event on modest volume of less than 7,000 shares is unclear, except for a bid gap between where some demand was and the offers. Access Financial and Fosrich Group dropped out of the Junior Market TOP 10 after rising in price and Sygnus Credit Investments having risen by 50 cents to $12.50 regained enough ground to be pushed out of the top list and allowed Berger Paints to return to the list.
The PE ratio for Junior Market Top 10 stocks average 8.7 up from 8.5 last week, as the market continues to revalue the multiple higher. The latest valuation compares to an average PE for the overall market of 13.7, based on 2018 estimated earnings. The main market PE is now 8.5 and is the same level as last week, for the top stocks, compared to a market average of 14.
The TOP 10 stocks now trade at an average discount of 36 percent to the average for the Junior Market Top stocks but it’s a third of what the average PE for the year is likely to be of 20 times earnings and main market stocks traded at a discount of 39 percent to the market.
TOP 10 stocks are likely to deliver the best returns within a 12 months period. Stocks are selected based on projected earnings for each company’s current fiscal year. Based on an assumed PE for each, the likely gains are determined and then ranked, with the stocks with the highest potential gains ranked first followed by the rest, in descending order. Potential values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis based on new information received that can result in changes in and out of the list as well.

Filed Under: Buy Rated, Stock Market, Stocks to watch Tagged With: , , , , , , , , , , , , , , , , , , ,

Junior Market inching closer to record close

September 7, 2018 by

The Junior Market Index continues to move higher in search of a record high close.

The Junior Market Index advanced just 3.80 points to close at 3,312 on Friday, after touching 3,365 points, after just 20 minutes of market’s opening, to be just 10 points below the all-time high of 3,375.24 points reached in May last year.
Trading resulted in 30 securities, compared to 25 that changed hands on Thursday, leading to 8 advancing, 7 declining and 15 remaining unchanged.
Trading resulted in an exchange of 150,624,130 units valued at $942,907,794 compared to 2,641,236 units valued at $11,671,251 on Thursday. Express Catering fresh from reporting a near tripling of full year profit, traded a big block of 147,375 million shares with value of $912.23 million at $6.19 each. A check with the list of share holder show that the trade most likely came from National Insurance Fund from a holding of 181.783 million units which they held prior to Friday.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading had 6 stocks ending with bids higher than their last selling prices, 2 closed with lower offers.
Trading closed with an average of 5,020,804 units for an average of $31,430,260 in contrast to 105,649 units for an average of $466,850 on Thursday. Trading for the month to date averages 1,207,314 units for an average of $7,396,642 and on the prior trading day, an average of 107,269 units for an average of $463,868. Trading in August, averaged 244,613 units at $1,348,298 for each security traded.
At the close of trading, Access Financial closed at $46, after investors cleared out the remanence of a block 445,392 shares that were on offer for several weeks, at the close there was a bid to buy 288,915 at $46 with selling now at $50. AMG Packaging ended with a loss of 1 cent at $1.94, in exchanging 1,000 stock units, Blue Power concluded trading of 15,123 units at $6, Cargo Handlers settled 20 cents higher at $13, exchanging 24,403 shares, Caribbean Cream fell 11 cents to close at $5.89, trading 53,205 stock units, Caribbean Flavours ended trading of 9,800 shares at $19.87, Caribbean Producers traded 1,000 stock units at $5.50, Consolidated Bakeries lost 5 cents to end at $2.45, with 50,000 units changing hands, Derrimon Trading closed with a gain of 50 cents to a new 52 weeks’ closing high of at $3.20, with 226,310 shares, earlier in trading the price hit $3.90. Elite Diagnostic concluded trading at $3.12, with 9,695 shares changing hands. Eppley finished with a loss of 13 cents at $10.05, trading 6,100 stock units, Everything Fresh rose 15 cents in trading 497,847 shares to end at $2.35, Express Catering settled with a loss of 10 cents at $7.90, with 147,638,521 units changing hands, but only after the bulk of the trades took place at $6.19 cents in the morning session. FosRich Group ended trading 37,874 shares 1 cent higher at $3, General Accident traded with a loss of 4 cents at $4.25, in exchanging 8,500 shares. Indies Pharma gained 2 cents as it continues to trade in relatively heavy volume, ending the day with 1,437,108 shares changing hands to close at $3. Iron Rock ended 30 cents higher at $3.50, with 10,000 units changing hands, ISP Finance concluded trading 600 shares at $20, Jetcon Corporation settled at $4.10, with 16,940 shares, Knutsford Express finished trading of 100 shares at $12.70. Lasco Distributors closed at $4, exchanging 46,485 shares, Lasco Financial ended at $5.90, trading 36,879 shares, Lasco Manufacturing concluded trading of just 3,165 stock units at $4.01, Main Event suffered a sharp drop of $1.80 to $5.20, with 6,848 units trading. Medical Disposables settled at $6.67, trading 3,548 shares, Paramount Trading ended trading of 2,000 shares at $3, Stationery and Office rose by 25 cents to $8.85, swapping 10,950 shares and tTech closed at $6, with 3,212 units. In the junior market preference segment, Derrimon Trading concluded trading with a rise of 1 cent to $2.51, with 20,000 units changing hands and Eppley 8.75% settled at $6, with 1,525 shares trading,
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: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Friday’s record JSE close marks 18 since July

September 7, 2018 by

The Jamaica Stock Exchange All Jamaica Composite Index on sharp rise since July & heading for 400,000 points initially.


The Jamaica Stock Exchange main market closed the week with all five days ending at record closing levels, with the All Jamaica Composite Index hitting a record high of just over 375,307 points on Wednesday.
Friday’s close is the 6th straight consecutive record close and brings to 30, the number record close for the year. Since the start of July, there are 18 record closing days for the main market as a strong bullish period takes hold, with the lowest interest rates in Jamaica’s recorded history. The continued record move by the market, is a strong indication that business and consumer confidence levels are at record high levels currently.
The market closed with the All Jamaica Composite Index advancing 1,396.32 points to end with a record close at 369,459.43 and the JSE Index climbing 1,272.20 points to end at a record close of 336,619.31.
Market activities resulted in 31 securities trading, including 3 in the US dollar market compared to 34 securities trading on Thursday. At the end of trading, the prices of 10 stocks rose, 7 declined and 12 closed trading, unchanged. Trading in the main market ended with 1,557,605 units valued $98,845,806, compared to 11,417,998 units valued $164,582,968, on Thursday.
The day’s volume was led by, 138 Student Living with 8,345,833 units and 72.21 percent of main market volume, followed by Sagicor Real Estate Fund with 1,197,863 shares, accounting for 10.36 percent of the volume traded, Scotia Group closed with 559,697 units and just 4.8 percent of the day’s volume.
Trading resulted in an average of 412,772 units valued at over $3,530,207, in contrast to 422,889 shares valued at $6,095,665 on Thursday. The average volume and value for the month to date amounts to 709,910 shares at $ $6,787,180, compared to 886,497 shares at $5,831,552 traded on the immediately preceding trading day. August closed, with an average of 224,564 shares valued at $4,310,285, for each security traded.
In the main market activity, Grace Kennedy gained 50 cents and ended at $59, trading 71,700 shares, JMMB Group dropped $2 to end at $29 trading just 2,700 shares, Kingston Wharves jumped $4 and finished at a record high of $68.50, while exchanging a mere 315 stock units. NCB Financial Group ended trading 44,597 shares at $115 after rising $1, Proven Investments added 40 cents trading 1,425 stock units at $26.40. Sagicor Real Estate Fund rose 40 cents to settle at $11.45, trading 1,197,863 shares, Scotia Group jumped $4.50 to $59.50, in exchanging 559,697 units, Seprod rose $1.50 and ended trading 400 stock units to close of $45 and Supreme Ventures gained $1 to a record close of $16.50, after trading 75,153 shares.
Trading in the US dollar market closed with 2,250 units valued US$398. Trading ended withJMMB Group 6 % preference share completed trading at $1.06 with an exchange of 20,374 stock units, Proven Investments exchanging 2,400 shares to close at 23 US cents and Sygnus Credit Investments trading 123,819 shares at 11 US cents. The JSE USD Equities Index closed unchanged at 170.32.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading shows 9 stocks ended with bids higher than their last selling prices and 1 closing with a lower offer.

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

5 stocks rise none fell on TTSE – Friday

September 7, 2018 by

Trinidad & Tobago Stock Exchange Head Quarters

The Trinidad & Tobago Stock Exchange, closed on Friday, with 15 securities changing hands, with the price of 5 rising, none declining and 10 remaining unchanged.
The market ended trading in 450,814 shares valued $2,562,248 compared to 14 securities traded on Thursday resulting in 574,983 shares valued $4,016,117 changing hands.
At close, the Composite Index the Composite Index added 0.20 points on Friday to 1,219.26, the All T&T Index dipped 0.28 points to 1,690.53, while the Cross Listed Index rose 0.10 points to close at 100.56.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading closed with 2 stocks ending with a higher bid than the last selling prices and 4 with lower offers.
Stocks closing with gains| Clico Investments completed trading at and gained 25 cent to end at $20 with 1,162 stock units changing hands, Massy Holdings finished trading after an increase by 1 cent and ended at $47.01, exchanging 2,100 shares, Republic Financial Holdings rose 1 cent and ended at a 52 weeks’ high of $103.57, after exchanging 1,902 shares, Sagicor Financial finished 11 cents higher and completed trading at $7.62, with 2,000 stock units changing hands and Unilever Caribbean completed trading at $26, with 100 stock units changing hands.
Stocks trading with no price change| Calypso Macro Index Fund traded 6,100 units to close at $15.80, First Citizens concluded at $32.77, after exchanging 400 shares, Grace Kennedy completed trading at $2.75, with 295,078 stock units changing hands, Guardian Holdings settled at $16.90, with 15,000 units, JMMB Group ended at $1.70, after exchanging 87,470 shares, National Enterprises closed at $8.95, with 22,391 stock units changing hands, Prestige Holdings settled at $9.50, with 100 units, Scotiabank settled at $65.00, with 5,571 units, Trinidad & Tobago NGL concluded at $29.40, after exchanging 11,400 shares and West Indian Tobacco settled at $88.00, after exchanging 40 shares.
Prices of securities trading for the day are those at which the last trade took place.

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

Another record run for JSE stocks

September 6, 2018 by

The Jamaica Stock Exchange main market ended at new record close on Thursday as the record run of the market continued pushing the market up 16.3 percent for the year to date.
The market closed with the All Jamaica Composite Index advancing 1,636.11 points to end at a record close of 368,063.11 and the JSE Index climbed 1,518.58 points to finish at record close of 335,347.11.
Market activities resulted in 29 securities trading, including 2 in the US dollar market compared to 34 securities trading on Wednesday. At the end of trading, the prices of 10 stocks rose, 7 declined and 12 closed trading, unchanged.
Trading in the main market ended with 11,417,998 units valued $164,582,968, compared to 73,595,594 units valued at $439,864,718, on Wednesday.
The day’s volume was led by, Sagicor Real Estate Fund with 2,500,000 shares, accounting for 21.9 percent of the volume traded, followed by Jamaica Broilers with 1,960,332 units and 17.17 percent of the day’s volume and Wisynco Group with 1,788,982 units and just 15.67 percent of main market volume.
Trading resulted in an average of 422,889 units valued at over $6,095,665, in contrast to 2,299,862 shares valued at $13,745,772 on Wednesday. The average volume and value for the month to date amounts to 886,497 shares at $5,831,552, compared to 886,497 shares at $5,831,552 traded on the immediately preceding trading day. August closed, with an average of 224,564 shares valued at $4,310,285, for each security traded.
In the main market activity, Caribbean Cement dropped $2 and finished trading 17,607 shares at $48.00, Grace Kennedy lost 50 cents and ended at $58.50, trading 289,290 shares, Jamaica Broilers added $1 and traded 1,960,332 stock units at $28, Jamaica Stock Exchange closed at $8.35, with 5,100 shares changing hands, JMMB Group jumped $2 to end at $31 trading 849,954 shares, Kingston Wharves rose 50 cents and finished at $64.50, exchanging 9,200 stock units. Mayberry Investments settled with a loss of 30 cents at $7.20, after trading 133,000 units, NCB Financial Group ended trading 15,570 shares at $114 in gaining $1, Sagicor Real Estate Fund dropped $2.45 to settle at $11.05, trading 2,500,000 shares, Salada Foods rose 70 cents and ended trading 1,500 stock units at record close of $19. Scotia Group jumped $1.50 to $55, in exchanging 36,829 units and Supreme Ventures ended at $15.50, after trading 10,000 shares with a loss of 40 cents.
Trading in the US dollar market closed with 2,250 units valued US$398. Trading ended with Proven Investments exchanging 1,250 shares and rose 1 cent to close at 23 US cents and Sygnus Credit Investments traded 1,000 shares at 11 US cents. The JSE USD Equities Index advanced by 3.60 points to close at 170.32.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and 2 closing with lower offers.

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

Falling stocks in control on TTSE – Thursday

September 6, 2018 by

The Trinidad & Tobago Stock Exchange, closed on Thursday, with 14 securities changing hands, with the price of 3 rising, 7 declining and 4 remaining unchanged.
The market ended trading in 574,983 shares valued $4,016,117 compared to 16 securities traded on Wednesday resulting in 272,727 shares valued $3,257,442 changing hands.
At close, the Composite Index the Composite Index lost 0.74 points to 1,219.06, the All T&T Index dipped 5.92 points to 1,690.81, while the Cross Listed Index rose 0.63 points to close at 100.46.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading closed with 3 stocks ending with higher bids than the last selling prices and 2 with lower offers.
Stocks closing with gains|Grace Kennedy gained 5 cents and ended at $2.75, with 349,482 stock units changing hands, NCB Financial Group closed with an increase of 8 cents to $5.75, after exchanging 87,153 shares and Republic Financial Holdings ended trading 474 shares with a rise of 4 cents and concluded at a 52 weeks’ high of $103.56.
Stocks closing with losses| Clico Investments ended with a loss of 25 cents at $19.75, with 58,025 stock units changing hands, First Citizens traded 373 shares with a loss of $1.23 down to $32.77, Caribbean Media closed with a loss of 1 cent at $12.10, after exchanging 600 shares, Prestige Holdings lost 50 cents and completed trading of 1,000 units at a 52 weeks’ low of $9.50, Scotiabank shed 2 cents and completed trading at $65, with 838 units changing hands, Trinidad & Tobago NGL lost 1 cent and settled at $29.40, after exchanging 9,693 shares and Trinidad Cement ended trading 20 cents lower at $2.70, after exchanging 271 shares.
Stocks trading with no price change| Calypso Macro Index Fund traded 2,000 units to close at $15.80, Guardian Holdings completed trading 49,058 units at $16.90, National Enterprises ended at $8.95, with 4,800 stock units changing hands and Sagicor Financial ended at $7.51, trading 11,216 stock units.
Prices of securities trading for the day are those at which the last trade took place.

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

Junior Market just 67 points from record

September 6, 2018 by

Blue Power closed at a new high of $6 on Thursday.

The Junior Market Index advanced 13.58 points to close at 3,308.21 on Thursday, just 67 points adrift of the all-time high of 3,375.24 points reached on May 24 last year, as 25 securities changed hands, the same number that did so on Wednesday, leading to 11 advancing, 5 declining and 9 remaining unchanged.
Trading resulted in an exchange of 2,641,236 units valued at $$11,671,251 compared to 3,770,261 units valued at $13,239,039 on Wednesday.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading had 6 stocks ending with bids higher than their last selling prices, 3 closed with lower offers.
Trading closed with an average of 105,649 units for an average of $466,850 in contrast to 150,810 units for an average of $529,562 on Wednesday. Trading for the month to date averages 107,269 units for an average of $463,868 and on the prior trading day, an average of 107,782 units for an average of $462,924. Trading in August, averaged 244,613 units at $1,348,298 for each security traded.
At the close of trading, Access Financial closed $2.60 higher at $46, with 6,346 shares changing hands, AMG Packaging ended with a gain of 5 cents at $1.95, with an exchange of 500 stock units, Blue Power concluded trading of 3,750 units and rose $1.20 to a 52 weeks’ high of $6, Cargo Handlers settled 28 cents higher at $12.80, with 1,280 shares changing hands, Caribbean Flavours traded 100 stock units and rose 37 cents higher to a 52 weeks’ closing high of $19.87. Caribbean Producers finished trading of 86,480 units with a loss of 70 cents at $5.50, Consolidated Bakeries closed 5 cents higher at $2.50, with 35,000 shares changing hands, Dolphin Cove concluded trading of 6,690 shares at $16.50, Elite Diagnostic finished 2 cents higher at $3.12, with 8,000 stock units changing hands. Everything Fresh traded 31,000 shares to end at $2.20, Express Catering ended trading at $8, in exchanging 338,059 shares, FosRich Group traded 60,195 shares at $2.99, General Accident finished trading 40,121 shares at $4.29, Indies Pharma traded 1,056,527 shares and lost 2 cents to close at $2.98 after trading at an all-time high of $3.20, Iron Rock concluded trading of 350,700 shares at $3.20. Jamaican Teas settled with a loss of 25 cents at $3.95, with 42,728 shares changing hands, Jetcon Corporation rose 5 cents to end at $4.10, in exchanging 172,670 stock units, Lasco Distributors ended with a loss of 5 cents at $4, with 138,518 shares changing hands, Lasco Financial concluded trading of 57,204 stock units and rose 10 cents to $5.90. Lasco Manufacturing gained 1 cent to $4.01, with 5,499 units changing hands, Main Event settled with a loss of 2 cents at $7, in exchanging 141,983 shares, Paramount Trading closed at $3, in trading 4,000 shares, Stationery and Office finished trading 42,753 stock units and gained 10 cents to end at $8.60 and tTech ended at $6, with 4,424 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: , , , , , , , , , , , , , , , , , , , , , , , , , , ,