NCB dominates JSE trading – Thursday

May 3, 2018 by

NCB dominated trading with 35 million shares.

NCB Financial Group dominated trading on Tuesday on the main market of the Jamaica Stock Exchange with an exchange of 35,067,960 units accounting for 89.56 percent of the volume traded with the price rising 85 cents to $97.85.
Trading activity resulted in 39,156,142 units valued at over $3,462,726,542 compared to 14,312,143 units valued at $130,374,672 trading on Thursday.
The market that enjoyed several record closes during the month ended on Tuesday The main market closed with 23 securities changing hands, 9 securities rose, 9 declined and 5 trading firm, as the JSE All Jamaican Composite Index lost 923.48 points to end at 328,725.38 and the JSE Index declined 841.39 points to a record close of 299,505.97.
In market activity, Barita Investments gained 49 cents and closed at $10.49, with 2,046 shares, Berger Paints jumped $2 to end at $22, with 38,452 stock units trading, Carreras rose 7 cents and concluded trading at $10.72, with 608,357 units, Caribbean Cement lost 40 cents and finished at $37.60, with 12,424 shares, Ciboney Group settled at 11 cents, with 722,522 shares. Grace Kennedy ended trading at $49, with 15,229 shares, Jamaica Broilers lost 1 cent to trade at $20.49, with 14,967 stock units, Jamaica Producers gained 20 cents and finished trading at $17, with 22,818 units, Jamaica Stock Exchange closed at $6.85, with 50,000 shares. JMMB Group ended at $27, with a rise of 30 cents trading with 41,032 shares, Kingston Wharves dropped $1.75 and finished at $48.05, with 7,385 stock units changing hands, Mayberry Investments settled at $6.13, with 299,826 units, NCB Financial Group ended trading at $98.75, with 35,067,960 shares. 138 Student Living fell 35 cents to settle at $5.15, with 10,000 units, PanJam Investment rose 25 cents and closed at $44.45, with 16,280 stock units, Radio Jamaica rose 1 cents and finished at $1.08, with 108,713 shares, Sagicor Group settled at $38, after falling 50 cents with 91,191 shares and Sagicor Real Estate Fund lost 50 cents and settled at $14.50, with 22,460 shares. Scotia Group lost 25 cents and closed at $49.75, with 82,208 units. Sterling Investments closed at $13.00, with 522 shares, Supreme Ventures fell 15 cents and ended at $11.85, with 148,791 shares, Victoria Mutual Investments rose 4 cents and concluded trading at $4.30, with 166,533 stock units and Wisynco Group rose 5 cents to settle at $10.55, with 1,606,426 units.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE main market trades at record high – Tuesday.”

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Lower Junior Market trading – Thursday

May 3, 2018 by

Derrimon Trading closed at a 52 weeks’ high of $10.50 on Thursday.

Trading on the Junior Market of the Jamaica Stock Exchange ended on Thursday with 25 securities changing hands, resulting in an exchange of 3,622,077 units valued at $8,835,893 down from 5,405,843 units valued at $23,297,183.
At the close of market activities, the prices of 13 securities advanced, 6 declined and 6 remained unchanged. The Junior Market Index advanced by just 7.05 points to close at 2,959.02.
Market activity ended with an average of 144,883 units for an average of $353,436 in contrast to 40,887 units for an average of $154,734 on Wednesday. The average volume and value for the month to date amounts to 147,796 units with an average value of $529,433 and previously 149,489 units valued at $631,756. April closed with an average of 121,622 units at $506,803, for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ending with bids higher than their last selling prices and 2 with lower offers.
At the close of the market, AMG Packaging ended 1 cent higher at $1.94, with 2,728,431 stock units, CAC 2000 finished 55 cents higher at $9, with 5,368 shares, Caribbean Cream ended trading 1 cent higher at $4.61, with 700 shares, Caribbean Flavours traded at $11, with 150 stock units, Caribbean Producers finished trading at $5.30, with 8,483 units. Consolidated Bakeries closed 15 cents higher at $2.05, with 63,656 shares, C2W Music ended 2 cents higher at 45 cents, with 94,087 shares, Derrimon Trading concluded trading 50 cents higher at a 52 weeks’ high of $10.50, with 9,121 shares, Elite Diagnostic settled 4 cents higher at $3.25, with 16,367 units. Eppley ended trading with a loss of 15 cents at $9.50, with 2,000 shares, Express Catering traded 5 cents higher at $6, with 164,654 shares, FosRich Group finished trading at $2.45, with 40,493 shares, General Accident closed with a loss of 1 cent at $3, with 18,500 stock units. GWest Corporation ended at $2.40, with 79,075 units, Honey Bun concluded trading with a loss of 20 cents at $4.60, with 7,326 shares, Jamaican Teas ended trading 40 cents higher at $5, with 14,572 stock units, Jetcon Corporation traded with a loss of 2 cents at $4.13, with 30,765 units. Key Insurance finished trading 30 cents higher at $3.90, with 150 shares, Knutsford Express ended with a loss of 48 cents at $13.47, with 120 shares, Lasco Distributors concluded trading with a loss of 5 cents at $4.20, with 198,867 stock units, Lasco Financial finished 5 cents higher at $5.55, with 28,040 units. Lasco Manufacturing settled 2 cents higher at $3.75, with 67,278 shares, Main Event ended trading at $7.25, with 9,348 shares, Stationery and Office closed 20 cents higher at $6.20, with 32,246 units and tTech concluded trading at $5.75, with 2,280 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: , , , , , , , , , , , , , , , , , , , , , , , , , ,

Financials dominate gains on TTSE

May 3, 2018 by

Trading on the Trinidad & Tobago Stock Exchange on Thursday, ended with 13 securities changing hands against 15 on Wednesday as the volume traded fell sharply from Wednesday’s level.
Three financial sector stocks rose out of the five that recorded positive price movements, with one closing at a 52 weeks’ high, while Trinidad & Tobago NGL also traded at a new high at the close. At the market close, 5 securities advanced, 1 declined and 7 remained unchanged.
Trading ended with 170,404 shares with a value of $1,308,158 compared to 387,240 shares with a value of $7,802,674 on Wednesday.
At close of the market the, Composite Index gained 0.28 points on Thursday to 1,241.75, the All T&T Index rose 0.42 points to 1,709.36, while the Cross Listed Index inched 0.02 points to close at 104.21.
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 4 stocks ending with higher bids than the last selling prices and 4 with lower offers, an indication of the continuation of a weak market currently.

First Citizens closed at a 52 weeks’ high on TTSE on Thursday.

Gains| First Citizens closed with an increase of 10 cents and ended at a 52 weeks’ high of $34.10, after exchanging 645 shares, JMMB Group ended trading with 5 cents and completed trading at $1.80, with 86,111 stock units changing hands, Scotiabank closed with a rise of 1 cent and concluded at $63.24, after exchanging 3,460 shares, Trinidad & Tobago NGL concluded trading with a rise of 99 cents and settled at a 52 weeks’ high of $29, with 1,300 units changing hands and Trinidad Cement traded with a rise of 3 cents and concluded at $2.65, after exchanging 3,780 shares.
Losses| Grace Kennedy concluded trading with a loss of 5 cents and settled at $3.10, with 9,730 units changing hands.
Firm Traded| Angostura Holdings completed trading at $15.72, with 1,220 stock units changing hands, Clico Investments settled at $20, with 29,739 units, Massy Holdings completed trading at $47.40, with 25 stock units changing hands, National Enterprises settled at $9.65, with 394 units, National Flour concluded at $1.80, after exchanging 700 shares, NCB Financial Group ended at $5.75, after exchanging 29,300 shares and One Caribbean Media completed trading at $12.40, with 4,000 stock units changing hands.
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 fall in Junior Market Trading – Wednesday

May 2, 2018 by

Trading on the Junior Market Index declined sharply from Tuesday, with an exchange of 1,022,183 units valued at $3,868,338.79, down from 5,405,843 shares valued at $23,297,183.
Market activities closed with the index falling 24.65 points to close at 2,951.97 after 25 securities changed hands from 18 trading on Tuesday. Trading resulted in 5 stocks rising, 11 declining and 9 remaining unchanged.
Market activity ended with an average of 40,887 units for an average of $154,734 in contrast to 300,325 units for an average of $1,294,288 on Tuesday. The average volume and value for the month to date amounts to units 149,489 valued at $631,756. April closed with an average of 121,622 units at $506,803, for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ending with bids higher than their last selling prices and 2 with lower offers.
At the close of the market, Access Financial closed 10 cents higher at $47.20, with 120 shares, AMG Packaging ended at $1.93, with 95,740 stock units changing hands, Blue Power concluded trading at $36.85, with 1,000 units, Caribbean Cream ended trading with a loss of 40 cents at $4.60, with 16,669 shares, Caribbean Producers finished trading with a loss of 10 cents at $5.30, with 17,323 units. Consolidated Bakeries closed at $1.90, with 15,000 shares, Derrimon Trading concluded trading at $10, with 2,120 shares, Elite Diagnostic settled 1 cent higher at $3.21, with 58,033 units, Eppley ended trading at $9.65, with 19,559 shares. Express Catering traded with a loss of 4 cents at $5.95, with 2,100 shares, FosRich Group finished trading 7 cents higher at $2.45, with 35,748 shares, General Accident closed with a loss of 1 cent at $3.01, with 2,750 stock units, GWest Corporation ended at $2.40, with 51,127 units.Honey Bun concluded trading at $4.80, with 3,000 shares, Jamaican Teas ended trading with a loss of 40 cents at $4.60, with 11,892 stock units, Jetcon Corporation traded with a loss of 10 cents at $4.15, with 6,133 units, Key Insurance finished trading 10 cents higher at $3.60, with 13,837 shares. Knutsford Express ended with a loss of 5 cents at $13.95, with 1,157 shares, Lasco Distributors concluded trading with a loss of 5 cents at $4.25, with 14,352 stock units, Lasco Financial finished with a loss of 12 cents at $5.50, with 24,698 units, Lasco Manufacturing settled with a loss of 36 cents at $3.73, with 566,919 shares. Main Event ended trading 25 cents higher at $7.25, with 5,000 shares, Medical Disposables traded at $5, with 12,130 shares, Paramount Trading finished trading at $3.10, with 11,281 stock units and tTech concluded trading with a loss of 25 cents at $5.75, with 34,495 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: , , , , , , , , , , , , , , , , , , , , , , , , , ,

Strong price gains on TTSE

May 2, 2018 by

First Citizens Bank trades at 52 weeks’ high on Wednesday.

Financial stock prices rose sharply in trading on the Trinidad & Tobago Stock Exchange on Wednesday, as 15 securities changed hands against 13 on Tuesday, with 4 advancing, 3 declining and 8 remaining unchanged.
Trading ended with 387,240 shares with a value of $7,802,674 compared to 186,598 shares with a value of $1,863,064 on Tuesday.
At close of the market the, Composite Index jumped 11.36 points on Wednesday to 1,241.47, the All T&T Index gained 10.52 points to 1,708.94, while the Cross Listed Index rose 1.67 points to close at 104.19.
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 5 stocks ending with higher bids than the last selling prices and 5 with lower offers, an indication of the continuation of a weak market currently.
Gains| First Citizens gained $1.45 and ended at a 52 weeks’ high of $34, after exchanging 6,552 shares, NCB Financial Group rose 25 cents and ended at $5.75, trading 100,000 shares, Scotiabank closed with a gain of 22 cents at $63.23, after exchanging 45,567 shares and Trinidad & Tobago NGL gained 1 cent and settled at $28.01, with 51,967 units changing hands.
Losses| Clico Investments closed with a loss of 14 cents at $20, with 56,523 units, JMMB Group shed 4 cents and completed trading at $1.75, with 20,000 stock units changing hands and West Indian Tobacco lost 1 cent and closed at $88.50, with 2,000 stock units traded.
Firm Traded| Angostura Holdings completed trading at $15.72, with 22,002 stock units changing hands, First Caribbean International Bank concluded trading at $8.90, after exchanging 62,320 shares, Guardian Holdings closed at $15.30, in exchanging 100 shares, Massy Holdings completed trading at $47.40, with 2,100 stock units changing hands, National Flour concluded market activity at $1.80, after exchanging 2,900 shares, Republic Financial Holdings completed trading at $101.60, with 1,466 stock units changing hands, Sagicor Financial settled at $7.80, with 13,249 units and Unilever Caribbean ended at $33.50, after exchanging 494 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: , , , , , , , , , , , , , , , , , ,

All Jamaica crosses 330,000 level

May 2, 2018 by

The main market of the Jamaica Stock Exchange that closed at record high on Monday and went on to close higher on Tuesday, at yet another record, is again trading in record territory at the start of trading on Wednesday.
With just 25 minutes of trading the JSE All Jamaican Composite Index climbed by 1,043.56 points to a record close of 330,011 and the JSE Index gained 950.80 points to record 300,677.31.
Trading was light so far but NCB Financial climbed to $98 to be the only stock with a rise in price of note.

Filed Under: Breaking News, JSE Main Market, Stock Market Tagged With: , , , ,

Lasco Distributors lifts Junior Market

May 1, 2018 by

Lasco Distributors traded 4.4 million shares.

The Junior Market Index declined 12.20 points and closed at 2,976.62 as 18 securities changed hands from 26 trading on Monday, following 7 stocks rising, 3 declining and 8 remaining unchanged.
Market activities closed, resulting in an exchange of 5,405,843 units valued at $23,297,183 compared to 1,467,297 units valued at $6,334,954 on Monday. Lasco Distributors accounted for 4.4 million units of Tuesday’s volume.
Market activity ended with an average of 300,325 units for an average of $1,294,288 in contrast to 56,435 units for an average of $243,652 on Monday. April closed with an average of 121,622 units at $506,803, for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ending with bids higher than their last selling prices and 4 with lower offers.
At the close of the market, Access Financial closed 10 cents higher at $47.10, with 250 shares traded, AMG Packaging ended at $1.93, with 2,500 stock units changing hands, Elite Diagnostic settled at $3.20, with 57,474 units, Eppley ended trading 5 cents higher at $9.65, with 688 shares, Express Catering traded with a loss of 1 cent at $5.99, with 57,176 shares. FosRich Group finished trading with a loss of 7 cents at $2.38, with 7,029 shares, GWest Corporation ended with a loss of 2 cents at $2.40, with 27,695 units, Honey Bun concluded trading 20 cents higher at $4.80, with 21,380 shares, Jamaican Teas ended trading at $5, with 3,500 stock units. Jetcon Corporation traded 10 cents higher at $4.25, with 100,300 units, Lasco Distributors concluded trading 25 cents higher at $4.30, with 4,423,848 stock units, Lasco Financial finished at $5.62, with 34,210 units, Lasco Manufacturing settled 1 cent higher at $4.09, with 42,844 shares. Main Event ended trading at $7, with 16,018 shares, Medical Disposables traded at $5, with 35,681 shares, Paramount Trading finished trading at $3.10, with 100,000 stock units, Stationery and Office closed 4 cents higher at $6, with 470,750 units and tTech concluded trading at $6, with 4,500 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: , , , , , , , , , , , , , , , , , , , , , , ,

Increased demand for Republic on TTSE

May 1, 2018 by

Demand rises for Republic Financial Holdings

Bids increased sharply for Republic Financial Holdings on Monday, with 208,394 on the highest bid which was in line with the last traded price of $101.60 and carried over to Tuesday with bids for 35,032 units at $101.60.
The improved demand follows improved results to March for the banking group and IC Insider.com’s report over the week-end that the stock was poised to go higher. Trinidad Cement came in for increased demand, following a report by this publication that profits for the quarter to March was up over 2017. The stock has a bid to buy 4,615 share at $2.65 which is higher than the last traded price of $2.62. O Monday the bid was at $2.62 to buy 13,353 shares.
In other market activities on the Trinidad & Tobago Stock Exchange on Tuesday, 13 securities changed hands against 15 on Monday, with 2 advancing, 2 declining and 9 remaining unchanged.
Trading ended with 186,598 shares with a value of $1,863,064 compared to 138,553 shares at a value of $4,411,178 on Monday.

Unilever Caribbean jumped $1.50

At close of the market the, Composite Index slipped 0.37 points on Tuesday to 1,230.11, the All T&T Index gained 0.93 points to 1,698.42, while the Cross Listed Index shed 0.23 points to close at 102.52.
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 5 stocks ending with higher bids than the last selling prices and 5 with lower offers, an indication of the continuation of a weak market currently.
Gains| Republic Financial Holdings rose 2 cents and ended at $101.60, with 4,631 stock units changing hands and Unilever Caribbean jumped $1.50 in concluding trading at $33.50, having exchanged 400 shares.
Losses| Clico Investments closed with a loss of 1 cent at $20.14, with 2,564 shares trading and JMMB Group share fell 1 cent and ended at $1.79, with 122,995 stock units changing hands.
Firm Traded| Ansa Merchant Bank settled trading at $40, after exchanging 10,944 shares, First Citizens closed at $32.55, in exchanging 500 shares, Massy Holdings ended at $47.40, with 51 stock units changing hands, National Flour settled at $1.80, after exchanging 6,790 shares, One Caribbean Media ended at $12.40, with 50 stock units changing hands, Prestige Holdings settled at $10.01, after exchanging 209 shares, Sagicor Financial completed trading at $7.80, with 21,000 units, Trinidad & Tobago NGL ended trading at $28, with 16,200 units and West Indian Tobacco ended at $88.51, with 264 stock units changing hands. Prices of securities trading for the day are those at which the last trade took place.

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

JSE main market trades at record high – Monday

April 30, 2018 by

Stocks closed much higher on the Jamaica Stock Exchange main market on Monday than on Friday as the JSE All Jamaican Composite Index jumped 2,366.31 points to record close of 328,893.09.
The JSE Index climbed sharply by 2,155.97 points to end at a record close of 299,658.77. At the close, 29 securities traded, compared to 26 on Friday and ended with the prices of 13 stocks rising, 8 falling and 8 trading firm, in the main and US dollar markets.
At the close of trading, Berger Paints closed at $20 with a gain of 95 cents, Kingston Wharves rose $1.95 to $50, Proven Investments ordinary share in the local market fell $1.99 to $26.51 and Seprod gained 76 cents to close at $34.99.
Main market activity ended with 12,309,558 units valued at $246,771,642 compared to 22,131,577 units valued at $314,568,605 on Friday.

Carreras traded over 2 million shares.

At the close of trading Jamaica Broilers ended trading 2,612,575 units amounting to 21.22 percent of the day’s volume, Carreras traded 2,041,313 units accounted for 16.58 percent of trading, Proven Investments Jamaican dollar ordinary share closed with 2 million units trading, Wisynco Group ended with 1,382,174 units, units Supreme Ventures with 1,089,028 units, followed by Sagicor Group with 1,073,450 shares.
Trading resulted in an average of 424,468 units valued at an average of $8,509,367 for each security traded. In contrast to 922,149 units valued at an average of $13,107,025 on Friday. The average for the month to date is 708,206 shares with a value of $6,395,518 and previously 723,010 shares with a value of $5,999,413. In contrast, March closed with an average of 626,526 units with an average value at $20,492,207 for each security traded.
There was no trading in the US dollar market, leaving the Market index at 164.44.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 16 stocks ended with bids higher than their last selling prices and 3 closing with a lower offers.
For more details of market activities see – – Monday.

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

JSE majors close April on a record – Monday

April 30, 2018 by

Investors pushed the main market of the Jamaica Stock Exchange to record highs on Monday and closing April at a record high after ending with 6 closing record highs, during the month.
The market that enjoyed several record closes during the month ended on Monday with 29 securities changing hands, resulting in 12,309,558 units valued at $246,771,642 trading leading to a rise in the market indices.
The main market closed with 13 securities rising, 8 declining and 8 trading firm, as the JSE All Jamaican Composite Index surged by 2,366.31 points to a record close of 328,893.09 and the JSE Index climbed 2,155.97 points to record 299,658.77.
In market activity, Barita Investments lost 50 cents and closed at $9.50, with 42,960 shares traded, Berger Paints jumped 95 cents to end at $20, with 103,899 stock units crossing the exchange’s platform, Carreras finished at $10.60, with 2,041,313 shares, Caribbean Cement fell 50 cents and settled at $37.50, with just 500 shares trading, Grace Kennedy traded at $49, with 80,953 stock units. Jamaica Broilers finished trading at $21, with 2,612,575 units, Jamaica Producers closed at $16.99, with 55,324 shares, Jamaica Stock Exchange lost 5 cents and ended at $6.80, with 44,641 shares, JMMB Group concluded trading at $26.87, with 44,847 shares after slipping 11 cents. Kingston Wharves jumped $1.95 to close at $50, with 2,346 units, Mayberry Investments gained 18 cents and ended trading at $6.20, with 5,000 shares, NCB Financial Group traded at $97, with 44,744 shares, 1834 Investments added just 1 cents and finished trading at $1.16, with 13,000 shares. PanJam Investment ended 25 cents higher at $44, with 25,274 units, Portland JSX lost 40 cents and concluded trading at $10, with 15,830 shares, Pulse Investments slipped 1 cent and finished at $1.78, with 9,000 shares, Radio Jamaica rose 2 cents and settled at $1.07, with 33,090 shares. Sagicor Group ended trading at $37.60, with 1,073,450 stock units and Sagicor Real Estate Fund rose 30 to $15.30, with 17,936 stock units. Scotia Group finished trading at $50, with 608,581 shares traded, Seprod rose 76 cents and concluded trading at $34.99, with 2,700 stock units, Supreme Ventures gained 13 cents and settled at $11.70, with 1,089,028 shares. Victoria Mutual Investments gained 5 cents and ended trading at $4.25, with 194,155 shares, Wisynco Group traded with a gain of 16 cents at $10.85, with 1,382,174 shares. In the main market preference segment, Jamaica Money Market 7.25% lost 5 cents and ended trading at $2.50, with 1,800 shares, Jamaica Money Market7.5% traded at $1.92, with 2,138 stock units, JMMBC 7.25% ended rose 10 cents to $2.10, with 50,000 shares, Proven Investments 8.25% rose 90 cent and closed at $5.90, with 712,300 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE main market trades at record high – Monday.”

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