The All Jamaican Composite Index of the Jamaica Stock Exchange having cleared the 351,000 points mark after just 5 minutes of opening, with NCB Financial trading at $110 has now broken the 352,000 after 42 minutes of trading.
The All Jamaican Composite Index jumped 3,325.45 to a record 352,257.65 and the JSE Index climbed 3,029.87 points to 320,946.53 points while the Junior Market rose 50.08 to cut sharp fall on Thursday of more than 57 points and now sits at 3,227.22 points.
Apart from a sharp rise in the price of NCB shares, Grace Kennedy rose to $60, and JMMB Group climbed to $29. Kingston Wharves has a bid of $60 compared to a last price of $53 and could add quite a bit to the indices when it trades.
All Jamaica index jumps to record 352,258 points
August 24, 2018 by
All Jamaica index at record 351,774 points
August 24, 2018 by
The All Jamaican Composite Index of the Jamaica Stock Exchange, having cleared the 350,000 points mark on Thursday, broke the 351,000 level after just 5 minutes of the market’s opening, with NCB Financial trading at $110.
The All Jamaican Composite Index jumped 2,853.46 to a record 351,774,75 and the JSE Index rose 2,589.88 points to 320,506.54 points while the Junior Market rose 39.61 to cut sharp fall on Thursday of more than 57 points and now sits at 3,216.75 points.
The movement in NCB price brings narrows gap in the price the stock trades at in Trinidad at J$129 and Jamaica to from around $24 to $19 currently.
JSE main market just below record – Thursday
August 23, 2018 by
The Jamaica Stock Exchange All Jamaican Composite Index climbed 1,925.09 points to close at 348,932.20 and the JSE Index rose 1,753.98 points to close at 317,916.66 to sit a few hundred points below the record close on August 16.
Market activities resulted in 28 securities trading including 2 in the US dollar market compared to 30 securities trading on Wednesday.
At the end of trading, the prices of 11 stocks rose, 11 declined and 6 traded unchanged. Trading in the main market ended with 2,800,039 units valued $52,538,433 versus 4,269,995 units valued at $54,515,031 on Tuesday.
Trading resulted in an average of 164,231 units valued at an average of $2,096,732 for each security traded, in contrast to 679,456 units valued at an average of $6,783,172 on Tuesday. For the month to date an average of 246,505 shares valued at an average of $4,497,856 versus 246,505 shares valued at an average of $4,497,856 on Tuesday. July closed with an average of 169,022 units valued at $3,514,756, for each security traded.
The day’s volume was led by, Carreras with 654,882 shares accounting for 23.4 percent of the traded volume, followed by Mayberry Jamaican Equities with 369,237 units and 13 percent of the day’s volume and Victoria Mutual Investments strong> WISYNCO Group with 325,849 units and 11.6 percent of the main market volume.
Stocks with major price changes| Berger Paints gained 42 cents and settled at $19.02, in exchanging 73,786 shares, Caribbean Cement fell 70 cents and finished at $45.10, trading 36,012 shares, Grace Kennedy rose 35 cents in trading 118,814 units at $59, Jamaica Producers finished trading 39,100units at $18 after gaining 80 cents,
Jamaica Stock Exchange rose $1 trading 31,500 units in closing at $8, JMMB Group fell 50 cents and ended at $28.50, exchanging 20,679 shares, Mayberry Investments climbed 75 cents to settle at $8.24, trading 947,406 units, Mayberry Jamaica Equities lost 25 cents to settle at $9.70, trading 115,853 units,
Scotia group added 30 cents to close at $52.30, trading 20,486 shares, Seprod dropped $5 to $40, trading 840 shares and Supreme Ventures rose $1.04 to close at $15.99 in trading 5,800 shares and WISYNCO Group closed with 325,849 units changing hands after falling 40 cents to $9.
Trading in the US dollar market closed with just 8,460 units trading valued $1,852, as Margaritaville traded 460 shares rose 2 cents and ended at 20 US cents and Proven Investments traded 8,000 shares, and rose 2.05 cents and closed at 22 US cents. The JSE USD Equities Index jumped over 6 percent by 9.70 points to close at 168.33.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and 7 closing with lower offers.
Republic at new high on TTSE – Thursday
August 23, 2018 by
Republic Financial Holdings closes at 52 weeks’ high.
The Trinidad & Tobago Stock Exchange ended trading on Thursday in 8 securities against 13 on Wednesday, with 3 advancing, 2 declining and 3 trading unchanged at the close as Republic Holdings closed at a 52 weeks’ high.
Market activity resulted a slippage of volume traded to 55,296 shares at a value of $1,271,791, compared to 206,792 shares at a value of $3,374,659.
At close of the market the, Composite Index the Composite Index rose 2.01 points on Thursday to 1,245.65, the All T&T Index gained 1.80 points to 1,713.09, while the Cross Listed Index gained 0.30 points to close at 104.71.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows the market continuing to be weak as it closed with 1 stock ending with higher bids than the last selling prices and 3 with lower offers.
Stocks closing with gains| JMMB Group gained 10 cents and concluded trading at $1.80, after exchanging 10,000 shares,
National Flour finished trading 2,000 units and gained with 5 cents and to end at $1.75 and Republic Financial Holdings closed with an increase of 49 cents after exchanging 3,446 shares and closed at a 52 weeks’ high of $103.50.
Stocks closing with losses| Massy Holdings fell 5 cents and ended at $46.95, after exchanging 14,099 shares and NCB Financial Group lost 1 cent and settled at $6.14, exchanging 430 shares.
Stocks trading with no price change| Clico Investments ended at $20, with 2,000 stock units changing hands, Sagicor Financial ended at $7.75, with 23,176 stock units changing hands and Scotiabank completed trading of 145 units at $65.02.
Prices of securities trading for the day are those at which the last trade took place.
Junior Market pulls back sharply – Thursday
August 23, 2018 by
Indies closed at a new high on Thursday.
The Junior Market, closed with the market index diving 57.30 points to 3,177.14 but volume soared with Carib Producers trading 11.58 million shares and Indies Pharma with nearly 2.48 million units.
Thursday’s pull back does not change the bullish sentiment of the market as both market sentiment and technical indicators remain positive.
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.
The market closed with 26 securities changing hands, compared to 30 on Wednesday, resulting in the prices of 8 advancing, 7 declining and 10 remaining unchanged.
The day’s trading ended with 15,342,524 units valued at $89,754,042 changing hands, compared to 4,168,953 units valued at $12,484,663, on Wednesday.
Trading closed with an average of 590,097 units for an average of $3,452,079 in contrast to 114,533 units for an average of $433,954 on Wednesday. The average volume and value for the month to date amounts to 256,357 units at $1,308,040, compared to 242,183 units valued at $1,213,417 on the previous trading day. 
Trading in July, averaged 154,060 units valued at $655,146 for each security traded.
At the close of trading, Blue Power concluded trading of 2,000 units at $47, Cargo Handlers settled 6 cents higher at $11, in trading 357 shares, Caribbean Cream ended trading 15,514 shares and gained 32 cents to $5.62, Caribbean Flavours traded 8,225 stock units at $15.50, Caribbean Producers finished trading 11,582,757 units with a loss of 40 cents at $6.60. Derrimon Trading rose $1.57 to end at $22.57, with 107,000 shares changing hands, Dolphin Cove finished at $17, trading 500 stock units, Elite Diagnostic settled 15 cents higher at $3.15, in exchanging 430,597 units, Eppley ended trading at $10.18, with 16,950 shares. Everything Fresh traded 31,800 shares and ended with a loss of 18 cents at $2.20, Express Catering traded 17,496 shares with a loss of 65 cents to end at $8, FosRich Group finished trading at $3, exchanging 62,070 shares, GWest Corporation ended with a loss of 17 cents at a all-time low of $2, with 38,360 units changing hands, Honey Bun concluded trading at $4.50, with 5,800 shares. 
Indies Pharma traded 2,476,772 shares and rose 11 cents to end at 52 weeks’ closing high of $2.60, Iron Rock finished 15 cents higher at $3.50, trading 50,000 shares, ISP Finance settled at $16, with 1,087 shares, Jamaican Teas ended trading 500 stock units and rose 10 cents to $4.30, Jetcon Corporation traded 2,653 units with a loss of 15 cents to end at $3.99. KLE Group closed at $3, with 22,000 shares, Lasco Distributors concluded trading of 11,800 stock units at $3.95, Lasco Financial finished with a loss of 40 cents at $5.50, with 225,431 units changing hands, Lasco Manufacturing settled with a loss of 27 cents at $3.73, in exchanging 134,940 shares. Main Event ended trading 25 cents higher at $7, with 4,777 shares changing hands, Medical Disposables traded at $5.10, with 82,038 shares and Stationery and Office closed at $8.50, with 11,100 units.
Prices of securities trading for the day are those at which the last trade took place.
JSE main market gained – Wednesday
August 22, 2018 by
Trading commenced in Stanley Motta shares
The Jamaica Stock Exchange indices added to gains made on Tuesday at the close of trading on Wednesday, but from lower volume and valued of shares that traded as advancing stocks outnumbered declining ones.
At the close, the All Jamaican Composite Index advanced 546.85 points to 347,007.11 and the JSE Index rose 498.25 points to close at 316,162.68. Market activities resulted in 30 securities trading including 4 in the US dollar market compared to 31 securities trading on Tuesday.
At the end of trading, the prices of 11 stocks rose, 10 declined and 9 traded unchanged. Trading in the main market ended with 4,269,995 units valued at over $54,515,031 versus 15,627,490 units valued at $156,012,947 on Tuesday.
Trading resulted in an average of 164,231 units valued at an average of $2,096,732 for each security traded, in contrast to 679,456 units valued at an average of $6,783,172 on Tuesday. For the month to date an average of 246,505 shares valued at an average of $4,497,856 versus 252,350 shares valued at an average of $4,680,933 on Tuesday. July closed with an average of 169,022 units valued at $3,514,756, for each security traded.
The day’s volume was led by, WISYNCO Group with 1,181,341 units accounting for 27.7 percent of the traded volume, followed by Mayberry Investments with 947,406 units and 22.2 percent of the day’s volume and Victoria Mutual Investments with 810,200 units and 18.97 percent of the main market volume.
Stocks with major price changes| Berger Paintslost $1.40 and settled at $18.60, exchanging 4,936 shares, Caribbean Cement gained 49 cents and finished at $45.80, trading 2,000 shares, Grace Kennedy lost 45 cents in trading 132,594 units at $58.65, Jamaica Producers finished trading 27,644 units at $17.20 after falling 40 cents, Jamaica Stock Exchange rose $1 trading 31,500 units in closing at $8, JMMB Group fell 50 cents and ended at $28.50, exchanging 20,679 shares, Mayberry Investments climbed 75 cents to settle at $8.24, trading 947,406 units, 
Mayberry Jamaica Equities lost 25 cents to settle at $9.70, trading 115,853 units, Portland JSX jumped $2 to closed at $10, with 10,760 shares, Seprod jumped $8.98 to $45, trading 6,000 shares and Sygnus Credit Investments rose 30 cent to close at $11 in trading 132,260 shares.
Trading in the US dollar market closed with 185,017 units valued $40,124, as JMMB Group 6% preference share closed at 10 US cents in exchanging 15,432 shares, Margaritaville traded 4,640 shares rose 2 cents and ended at 20 US cents Proven Investments traded 60,795 shares, but lost 0.05 cent and closed at 19.95 US cents strong> Sygnus Credit Investments closed at 10 US cents in trading 104,150 shares. The JSE USD Equities Index rose 0.73 points to close at 158.63.
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 3 closing with lower offers.
Junior Market trades at 15 months’ high
August 22, 2018 by
The Junior Market, closed on Wednesday at the highest level in more than 15 months with the June 9 close last year of 3,253.52 bettering today’s close of 3,234.44 in the market index which rose 25.41 points to be up 18.4 per cent for 2018 to date.
With moves over the past week, the market sentiment is now switched to bullish from consolidating. The two immediate targets are the 3,350 points level and then the 3,800 points, both being resistance points. The upward movement of the market would be consistent with the PE ratio of the market being revalued to at least match the 2017 year end of an average of the two markets of 14.5 times that year’s earnings.
The market closed with high level of 30 securities changing hands, compared to 24 on Tuesday, resulted in the prices of 14 securities advancing, 7 declining and 9 remaining unchanged.
The day’s trading to 4,168,953 units valued at $12,484,663, compared to 8,895,088 units valued at $105,891,017 on Tuesday.
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, none closed with a lower offer.
Trading closed with an average of 114,533 units for an average of $433,954 in contrast to 173,706 units for an average of $520,194 on Tuesday. The average volume and value for the month to date amounts to 242,183 units valued at $1,213,417, compared to 247,889 units valued at $1,271,186 previous trading day. Trading in July, averaged 154,060 units valued at $655,146 for each security traded.
At the close of trading, Access Financial closed with a loss of $1.70 at $45, trading 500 shares, AMG Packaging ended trading 66,295 stock units at $1.90, Blue Power concluded trading 2,694 units at $47, Caribbean Cream ended at $5.30, trading 2,000 shares, Caribbean Flavours jumped $1.50 to a 52 weeks’ high of $15.50, with 775 stock units changing hands. Caribbean Producers finished trading 10 cents higher at $7, exchanging 85,673 units, Consolidated Bakeries closed 1 cent higher at $2.50, with 10,000 shares, Derrimon Trading concluded trading of 5,877 shares at $21, Elite Diagnostic settled 10 cents higher at $3, in exchanging 34,150 units. Everything Fresh traded 80,360 shares and ended with a gain of 5 cents at $2.38,
Express Catering traded 50 cents higher at $8.65, with 52,700 shares, FosRich Group finished trading 9,750 shares at $3, GWest Corporation ended at $2.17, after 91,280 units changed hands, Honey Bun concluded trading of 700 shares and rose 7 cents to $4.50. Indies Pharma traded 984,697 shares and lost 1 cent to end at $2.49 after trading at a new intraday high of $2.60, Iron Rock finished with a loss of 15 cents at $3.35, exchanging 20,000 shares, Jamaican Teas ended trading at $4.20, with 1,500 stock units passing through the exchange, Jetcon Corporation traded 1,233,200 units and rose 9 cents to end at $4.14, Key Insurance finished trading 1,000 shares with a loss of 11 cents at $3.05. KLE Group closed at $3, with 8,800 shares, Knutsford Express ended $1.14 higher at $12.50, trading 26,715 shares, Lasco Distributors concluded trading of 196,429 stock units after rising 30 cents to $3.95, Lasco Financial finished 37 cents higher at $5.90, trading 67,626 units. Lasco Manufacturing settled at $4, with 326,871 shares changing hands, Main Event ended trading with a loss of 36 cents at $6.75, with 5,673 shares, Medical Disposables traded 56,449 shares with a loss of 5 cents at $5.10, Paramount Trading finished trading 11,503 stock units and rose 80 cents to $3, Stationery and Office closed with a loss of 50 cents at $8.50, after 4,188 units changing hands and tTech concluded trading of 1,200 shares and rose 1 cent higher to $5.01. In the junior market preference segment, Eppley 9.5% finished trading 47,388 shares at $5.98.
Prices of securities trading for the day are those at which the last trade took place.
Trading slips on TTSE – Wednesday
August 22, 2018 by
Trinidad & Tobago Stock Exchange Head Quarters
The Trinidad & Tobago Stock Exchange ended trading on Wednesday in 13 securities against 18 on Tuesday, with 2 advancing, 1 declining and 10 trading unchanged at the close.
Market activity resulted a slippage of volume traded to 206,792 shares at a value of $3,374,659, compared to 455,641 shares at a value of $3,802,302.
At close of the market the, Composite Index the Composite Index lost 0.16 points on Wednesday to 1,243.64, the All T&T Index fell 0.17 points to 1,711.29, while the Cross Listed Index eased 0.02 points to close at 104.41.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows the market continuing to be weak as it closed with 2 stocks ending with higher bids than the last selling prices and 3 with lower offers.
Stocks closing with gains| Republic Financial Holdings concluded trading and rose 1 cent and concluded at $103.01, after exchanging 21,028 shares and Scotiabank added 2 cents and completed trading of 500 units at $65.02.
Stocks closing with losses| Grace Kennedy fell 5 cents and ended at $2.90, with 87,975 stock units changing hands.
Stocks trading with no price change| Clico Investments ended at $20, with 1,078 stock units changing hands, First Caribbean International Bank completed trading 11,722 units at $8.49, First Citizens settled at $34.91, after exchanging 2,000 shares, 
Guardian Holdings completed trading at $16.60, with 11,215 units, JMMB Group closed at $1.70, after exchanging 23,282 shares, Massy Holdings exchanged 2,468 shares and concluded trading at $47, Point Lisas ended at $3.70, with 11,893 stock units changing hands, Sagicor Financial ended at $7.75, with 3,920 stock units changing hands, Trinidad & Tobago NGL settled at $30.05, after exchanging 8,382 shares and Trinidad Cement closed at $2.90, after exchanging 21,329 shares.
Prices of securities trading for the day are those at which the last trade took place.
Junior Market at 9-1/2 months’ high
August 21, 2018 by
Indies traded at a closing high of $2.50 on Tuesday.
The Junior Market, closed on Tuesday with a big jump in the market index of 35.94 points to 3,209.03 the highest level in nine. The market closed with 24 securities changing hands, compared to 22 on Monday, resulted in the prices of 13 securities advancing, 7 declining and 4 remaining unchanged.
The day’s trading to 4,168,953 units valued at $12,484,663. compared to 8,895,088 units valued at $105,891,017 on Monday.
Two stocks, Express Catering and newly listed Indies Pharma traded at a 52 weeks’ high.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading had 3 stocks ending with bids higher than their last selling prices, 2 closed with lower offers.
Trading closed with an average of 173,706 units for an average of $520,194 in contrast to 342,119 units for an average of $4,072,731 on Monday. The average volume and value for the month to date amounts to 242,183 units valued at $1,213,417, compared to 247,889 units valued at $1,271,186 previous trading day. Trading in July, averaged 154,060 units valued at $655,146 for each security traded.
At the close of trading, AMG Packaging ended with a loss of 5 cents at $1.90, trading 52,000 stock units, Caribbean Cream ended trading 10,000 shares with a loss of 45 cents to close at $5.30, Caribbean Producers closed 22 cents higher at $6.90, trading 1,341 units, Consolidated Bakeries climbed 32 cents higher to $2.49, with 50,000 shares changing hands, C2W Music rose by 3 cents to $1.75, with 675,500 shares. Derrimon Trading concluded trading of 9,810 shares after climbing $2.50 to $21, Elite Diagnostic settled at $2.90, in exchanging 18,382 units, Eppley ordinary share ended trading of 9,746 shares and gained $1 to $10.18, Everything Fresh traded 638,665 shares and ended with a gain of 4 cents at $2.33, Express Catering traded with a loss of 85 cents at $8.15, with 19,715 shares changing hands. FosRich Group traded 36,802 shares at $3, General Accident closed with a loss of 29 cents at $3.61, while trading 10,890 stock units, Honey Bun concluded trading of 1,700 shares, 13 cents higher at $4.43, Indies Pharma traded 1,450,417 shares and gained 10 cents to end at an all-time closing high of $2.50, 
Jamaican Teas ended trading 5 cents higher at $4.20, with 36,539 stock units changing hands. Jetcon Corporation traded 21,454 shares and rose 1 cent to $4.05, Lasco Distributors concluded trading with a loss of 35 cents at $3.65, with 511,407 stock units changing hands, Lasco Financial finished with a loss of 37 cents at $5.53, with 48,600 units, Lasco Manufacturing settled 20 cents higher at $4, trading 91,205 shares. Main Event ended trading of 1,123 shares and rose 61 cents to $7.11, Medical Disposables traded 450,000 shares and lost $1.35 cents to close at $5.15, Paramount Trading finished trading 10 cents higher at $2.20, with 6,200 stock units and Stationery and Office gained 50 cents to end at $9, in 9,457 shares. In the junior market preference segment, Eppley 8.75% settled $6.06 with 8,000 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.
JSE main market makes gains – Tuesday
August 21, 2018 by
The Jamaica Stock Exchange clawed back some of the loss on Friday from big jump in the volume and valued of shares that traded as advancing stocks outnumbered declining ones.
At the close, the All Jamaican Composite Index advanced 470.67 points to 346,460.26 and the JSE Index rose 428.84 points to close at 315,664.43. Market activities resulted in 25 securities trading including 2 in the US dollar market compared to 31 securities trading on Monday.
At the end of trading, the prices of 11 stocks rose, 8 declined and 5 traded unchanged. Trading in the main market ended with 15,627,490 units valued at $156,012,947, compared to 3,337,734 units valued at over $77,717,624 on Monday.
Trading resulted in an average of 679,456 units valued at an average of $6,783,172 for each security traded. In contrast to 128,374 units valued at an average of $2,989,139 on Monday. For the month to date an average of 252,350 shares valued at an average of $4,680,933 versus 223,710 shares valued at an average of $4,528,884 on Monday. July closed with an average of 169,022 units valued at $3,514,756, for each security traded.
The day’s volume was led by, Carreras with 10,188,347 units accounting for 65.20 percent of the traded volume, followed byJMMB Group 7.5% preference share with 1,840,000 units 11.8 percent of the day’s volume and Mayberry Jamaica Equities with 1,031,384 units and 6.6 percent of the main market volume.
Stocks with major price changes| Caribbean Cement fell $1.79 and finished at $45.31, trading 187,930 shares, Jamaica Producers finished trading 7,791 units at $17.60 after falling 40 cents, Jamaica Stock Exchange 
fell $1.25 trading 375,716 units in closing at $7, JMMB Group gained 70 cents and ended at $29, exchanging 225,800 shares, Sagicor Group gained 30 cents to closed at $38, with 180,565 shares, Sagicor Real Estate Fund dropped 60 cents to $12.90, with 58,770 shares.
Trading in the US dollar market closed with 54,232 units valued $10,459, as Margaritaville traded 10,175 shares and ended at 18 US cents Proven Investments trading 44,075 shares, gained 0.99 cent and closed at 20 US cents. The JSE USD Equities Index declined by 1.66 points to close at 157.90.
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 4 closing with lower offers.