JSE main market falls back – Thursday

December 7, 2017 by

Investors chopped $1.65 off the price of NCB Financial on Thursday.

Trading on the Main Market of the Jamaica Stock Exchange closed on Thursday with 21 securities changing hands, compared to 25 on Wednesday but the market indices fell back with stocks rising edging out those that fell.
By the close the JSE All Jamaican Composite Index fell 954.19 points to 303,596.51 and the JSE Index declined by 869.38 points to 276,610.75 as the prices of 9 stocks advanced, 6 declined and 4 traded firm resulting in 714,979 units valued at $14,275,297 trading, compared to 9,894,407 units valued at $132,996,713 on Wednesday.
Trading ended with an average of 34,047 units for an average of $679,776 in contrast to 412,267 units for an average of $5,541,530 on Wednesday. The average volume and value for the month to date amounts to 230,246 units valued at $4,248,014 and previously, 227,449 units valued at $4,185,528. In contrast, November closed with average of 349,084 units at an average of $5,801,440 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and 4 with lower offers.
Proven Investments US ordinary share was the sole trade in the US dollar market, with 8,125 units changing hands in closing 1 cent lower to 22 US cents, with the index slipping 1.77 points to 172.8 and JMMB Group 6% US preference share traded 1,210 units at $1.15.
The major movers at the close, are Berger Paints with a rise of $2.45, Grace Kennedy with a rise of $1, followed by a rise of $1.40, JMMB Group falling by $1 and NCB Financial, down $1.65.
For more details of market activities see report –  9 JSE stocks rise 6 fall – Thursday.

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9 JSE stocks rise 6 fall – Thursday

December 7, 2017 by

Berger Paints price jumped $2.45 on Thursday

When trading closed on the Jamaica Stock Exchange on Thursday, the JSE All Jamaican Composite Index fell 954.19 points to 303,596.51 and the JSE Index declined by 869.38 points to 276,610.75 as the prices of 9 stocks advanced, 6 declined and 4 traded firm resulting in 714,979 units valued at $14,275,297 trading.
In the main market activity, Berger Paints jumped $2.45 higher to $17, with 2,243 shares, an indication that selling at lower levels is limited. Cable & Wireless settled with a loss of 2 cents at $1, with 19,950 shares, Carreras traded with a loss of 10 cents at $10.50, with 54,125 units, Grace Kennedy closed $1 higher at $43, with 24,781 shares, Jamaica Broilers ended 54 cents higher at $17.70, with 1,864 stock units. Jamaica Producers concluded trading 90 cents higher at $15.10, with 10,000 units, Jamaica Stock Exchange finished with a loss of 50 cents at $6.50, with 3,000 shares, JMMB Group settled with a loss of $1 at $24, with 48,960 shares, Kingston Wharves traded 20 cents higher at $32.70, with 11,539 units. NCB Financial Group closed with a loss of $1.65 at $92.25, as 66,022 shares traded, Portland JSX finished 20 cents higher at $8.50, with 1,929 shares, Pulse Investments settled 30 cents higher at $1.75, with 61,000 shares, Radio Jamaica ended trading at $1, with 2,316 stock units. Sagicor Group traded at $38, with 28,366 units, Sagicor Real Estate Fund finished trading at $14.50, with 10,279 shares, Salada Foods closed 69 cents higher at $9.50, with 60,000 shares, Scotia Group ended 20 cents higher at $53, with 18,587 stock units. Seprod finished at $30, with 25,000 shares and Supreme Ventures ended trading with a loss of 1 cent at $10, with 101,330 stock units. In the main market preference segment, Jamaica Money Market Brokers 7.5% preference share ended trading at $1.90, with 6,837 units and JMMB Group 7.5% preference share ended trading at $1.15, with 156,851 stock units.

Prices of securities trading for the day are those at which the last trade took place.
For more details of market activities see report “JSE main market falls back – Thursday.”

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

2 new highs 2 new lows on TTSE

December 7, 2017 by

Scotiabank traded at a 52 weeks’ high on Thursday.

Falling stock prices, outpaced rising stocks more than 2 to 1, at the close of trading on the Trinidad & Tobago Stock Exchange on Wednesday. All three market indices declined, as two declining stocks shed large amounts, while 2 each traded at 52 weeks’ high and low.
Ansa McAL declined by $3.03, to close at a 52 weeks’ low of $60 with just 2,028 shares trading, Republic Financial Holdings also closed at a 52 weeks’ low after losing $1.50 to end at $100.50, with 252 units changing hands while Scotiabank advanced $1 to settle at a 52 weeks’ high of $61 with 1,500 shares and Trinidad & Tobago NGL gained $1.95 to close at a 52 weeks’ high of $27 trading 3,300 shares. Scotiabank’s move is reflective of a rise in profit before Taxation of 11 percent and 5 percent after an increase in corporation tax rate in that country. Earnings per share ended the year at $3.73 for a PE ratio of 16.35.

T&T NGL closed at a record high on TTSE on Thursday.

Market activity ended with 14 securities changing hands compared to 13 on Wednesday leading to 3 stocks advancing, 7 declining and 4 holding firm.
A total of 221,067 shares traded at a value of $3,013,733 compared to Wednesday’s trades of 482,160 valued at $15,366,284.
The Composite Index declined by 6.28 points to 1,274.03, the All T&T Index lost 10.08 points to 1,743.57 and the Cross Listed Index was down 0.33 points to close at 108.44.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| The other stock that gained is Clico Investment with a rise of 29 cents, in closing at $20.79 with 71,572 shares valued at $1,486,816.
Losses| Securities declining based on the last traded price are Grace Kennedy losing 4 cents in exchanging 25,000 shares to close at $2.96. JMMB Group closed at $1.88, with a loss of 2 cents trading 1,754 shares, Point Lisas fell 1 cent to $3.89 with 11,128 shares changing hands, Prestige Holdings ended with a loss of 5 cents, at $10.70 with 1,000 units, and Sagicor Financial traded 4 cents lower to $7.91 with 73,828 shares valued at $584,108.
Firm Trades| The last traded prices of securities closing with unchanged prices are Massy Holdings in exchanging 1,484 shares at $49, One Caribbean Media ending at $14 with 23,361 shares valued at $369,054, Trinidad Cementthat traded 650 units at $3.95 while Unilever Caribbean remained at $34 with 1,210 shares trading.

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Junior Market makes modest gains

December 7, 2017 by

At the close of market activities, on the Junior Market of the Jamaica Stock Exchange on Thursday, the prices of 9 securities advanced, 5 declined and 6 remained unchanged leading to a rise in the Junior Market Index by 21.05 points to 2,657.19.
Trading resulted in 21 securities changing hands, in an exchange of 846,648 units valued at $4,389,452 compared to 927,168 units valued at $4,146,036 from 16 securities, on Wednesday.
Trading ended with an average of 40,317 units for an average of $209,022 in contrast to 57,948 units for an average of $259,127 on Wednesday. The average volume and value for the month to date amounts to units 99,196 valued at $394,709 and previously 114,847 valued at $444,069. In contrast, November closed with average of 107,477 units valued at $545,989 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 the last selling prices and 3 with lower offers.
At the close of the market, Access Financial closed at $32, with 700 shares, AMG Packaging ended 3 cents higher at $2.93, with 1,396 stock units, Caribbean Cream traded at $5.30, with 33,830 units, Caribbean Flavours finished trading at $11, with 900 shares, Caribbean Producers closed 10 cents higher at $4.10, with 11,223 shares. Consolidated Bakeries ended at $1.90, with 11,000 stock units, Dolphin Cove finished with a loss of $1 at $17, with 3,000 shares trading, Eppley settled at $10, with 340 shares, Express Catering ended trading 5 cents higher at $4.05, with 5,000 stock units. General Accident traded with a loss of 25 cents at $2.50, with 10,227 units, Jetcon Corporation finished 5 cents higher at $4.40, with 25,000 shares, Knutsford Express traded at $14.80, with 49,465 units, Lasco Distributors finished trading 21 cents higher at $4.20, with 336,229 shares. Lasco Financial closed with a loss of 25 cents at $4.65, with 206,042 shares, Lasco Manufacturing ended 20 cents higher at $3.70, with 18,900 stock units, Main Event concluded trading with a loss of 57 cents at $5.09, with 3,083 units, Medical Disposables finished 10 cents higher at $5.05, with 14,200 shares. Paramount Trading settled with a gain of 7 cents at $3.07, with 3,000 shares, Stationery and Office ended trading with a loss of 20 cents at $4.80, with 70,194 stock units, tTech finished trading 50 cents higher at $6, with 27,919 shares and in the junior market preference segment, Eppley 8.25% ended with a loss of 50 cents at a 52 weeks’ low of $5.50, with 15,000 stock units.
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: , , , , , , , , , , , , , , , , , , , , , ,

10 JSE stocks rise 7 fall – Wednesday

December 6, 2017 by

The prices of 10 securities advanced, 7 declined and 6 traded firm in trading on the Main Market of the Jamaica Stock Exchange on Wednesday as trading concluded with 24 securities trading, leading to 9,894,407 units valued at $132,996,713 changing hands.
At the close of market activities, the JSE All Jamaican Composite Index jumped 1,711.67 points to 304,550.70 and the JSE Index climbed 1,559.52 points to 277,480.13.
At the close of trading, Barita Investments concluded with just 145 units changing hands at $8, Cable & Wireless settled 3 cents higher at $1.02, with 54,429 shares, Caribbean Cement ended $1.85 higher at $31.85, with 11,349 stock units. Carreras fell 39 cents to $10.60, with 34,465 units, Grace Kennedy closed with a loss of $1 at $42, as 624,979 shares changed hands, Jamaica Broilers ended 15 cents higher at $17.16, with 1,270,187 stock units, Jamaica Producers concluded trading 20 cents higher at $14.20, with 459 units. Jamaica Stock Exchange finished 10 cents higher at $7, with 34,700 shares, JMMB Group settled at $25, with 11,454 shares, Mayberry Investments finished trading at $5, with 117,316 shares, NCB Financial Group closed $1.40 higher at $93.90, with 51,016 shares trading. 1834 Investments ended with a loss of 5 cents at $1.15, with 30,511 stock units, 138 Student Living closed at $6, with 2,900 shares, PanJam Investment concluded trading 50 cents higher at $42.50, with 4,808 units, Portland JSX finished with a loss of 20 cents at $8.30, with 9,200 shares, Pulse Investments settled with a loss of 5 cents at $1.45, with 200 shares, Radio Jamaica ended trading with a loss of 9 cents at $1, with 100,723 stock units. Sagicor Group traded at $38, with 23,114 units, Sagicor Real Estate Fund finished trading 20 cents higher at $14.50, with 18,752 shares, Scotia Group ended 30 cents higher at $52.80, with 16,186 stock units, Seprod concluded trading 50 cents higher at $30, with 200 units. Sterling Investments finished at $12, with 2,500 shares and Supreme Ventures settled with a loss of 49 cents at $10.01, with 7,426,588 shares. In the main market preference segment, Jamaica Money Market Brokers 7.5% preference share ended trading at $1.90, with 48,226 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 report “JSE main market in big jump – Wednesday.” 

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

Junior Market plunged 69.01 points

December 6, 2017 by

Lasco Distributors traded at a 52 weeks’ low to help contribute to the big market fall.

The Junior Market Index plunged 69.01 points to close at 2,636.14 on Wednesday with the prices of 7 securities dropping, 4 rising and 5 remaining unchanged as Access Finance dropped $8.30, ISP Finance falling $4 and Lasco Distributors trading at a 52 weeks’ low.
Trading on the Junior Market closed with 16 securities changing hands, resulting in an exchange of 927,168 units valued at $4,146,036 compared to 1,241,227 units valued at $6,030,201, from 17 securities on Tuesday.
Trading ended with an average of 57,948 units for an average of $259,127 in contrast to 73,013 units for an average of $354,718 on Tuesday. The average volume and value for the month to date amounts to units 114,847 valued at $444,069 and previously 129,298 valued at $491,038. In contrast, November closed with average of 107,477 units valued at $545,989 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ending with bids higher than the last selling prices and 3 with lower offers.
At the close of the market, Access Financial closed with a loss of $8.30 at $32, with 2,503 shares, CAC 2000 settled with a loss of 20 cents at $6, trading 500 shares, Caribbean Producers closed with a loss of 7 cents at $4, with 60,667 shares, Express Catering ended trading at $4, with 82,125 stock units, General Accident traded 5 cents higher at $2.75, with 89,060 units. Honey Bun finished trading 5 cents higher at $3.90, with 200 shares, ISP Finance dropped $4 to close at $11, with 1,000 stock units, Jamaican Teas concluded trading 30 cents higher at $4, with 11,100 units, Jetcon Corporation finished with a rise of 5 cents at $4.35, with 700 shares. Lasco Distributors finished trading with a loss of 41 cents to end at a 52 weeks’ closing low of $3.99, with 217,007 shares changing hands, after it traded at an intraday low of $3.77, Lasco Financial closed at $4.90, with 9,895 shares, Lasco Manufacturing ended at $3.50, with 5,200 stock units, Main Event concluded trading with a loss of 34 cents at $5.66, with 9,961 units. Medical Disposables finished at $4.95, with 204,000 shares, Paramount Trading settled with a loss of 9 cents at $3, with 100 shares and Stationery and Office ended trading at $5, with 233,150 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: , , , , , , , , , , , , , , , , , ,

Massy Holdings dominates TTSE

December 6, 2017 by

Massy traded 90% of the value of stocks trading on Wednesday.

Massy Holdings traded $13.9 million worth of shares, dominating trading with 90 percent of the value of the securities exchanged on the Trinidad & Tobago Stock Exchange at close on Wednesday, with 13 securities changing hands, the same as on Tuesday.
At the close, the price of 1 stock advanced, 4 declined and 8 remained unchanged as 482,160 shares traded at a value of $15,366,284 compared to Tuesday’s trades of 1,117,124 valued at $6,876,070.
The Composite Index lost 0.16 points to 1,280.31, the All T&T Index gained 1.73 points to 1,753.65 and the Cross Listed Index was down 0.28 points to close at 108.77.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| The sole security with a rise in price is Massy Holdings with a gain of 5 cents, in closing at $49 trading 283,195 shares valued at $13,876,555.
Losses| The securities declining at the close on Wednesday are, Clico Investment declined by 30 cents to settle at $20.50, with 10,925 shares changing hands, JMMB Group closed 8 cents lower to $1.90, with 43,461 shares exchanged, Point Lisas lost 4 cents, ending at $3.90 with 3,000 shares and Scotiabank lost 1 cent and closed at $60 with 7,261 shares valued at $435,694 trading.
Firm Trades| Securities trading unchanged at the close based on the last traded price are, Angostura Holdings with 2,700 shares, closed at $15.05, First Citizens held firm at $32.01 with 1,189 shares, Grace Kennedy remained at $3 with 4,970 shares trading. National Flour Mills closed at $1.90 with 1,900 shares changing hands, One Caribbean Media exchanged 500 units at $14, Sagicor Financial traded 8,989 shares at $7.95, Trinidad Cement exchanged 109,000 shares at $3.95 valued at $430,553 and Trinidad & Tobago NGL held firm at $25.05 with 5,070 shares changing hands.

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

JSE main market in big jump – Wednesday

December 6, 2017 by

A $1.40 rise in the price of NCB Financial helped to lift the JSE indices on Wednesday.

At the close of trading the JSE All Jamaican Composite Index surged 1,711.67 points to 304,550.70 and the JSE Index jumped by 1,559.52 points to 277,480.13 as 24 securities changed hands, with 10 rising, 7 declining and 6 trading firm.
Main market activity lead to 9,894,407 units valued at $132,996,713 trading compared to 2,992,590 units valued at $57,473,157 from 22 securities on Tuesday.
Trading ended with an average of 412,267 units for an average of $5,541,530 in contrast to 136,027 units for an average of $2,612,416 on Tuesday. The average volume and value for the month to date amounts to 227,449.31 units valued at $ 4,185,528 and previously, 161,245 units valued at $3,699,796. In contrast, November closed with average of 349,084 units at an average of $5,801,440 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and 2 with lower offers.
Proven Investments US ordinary share, was the sole trade in the US dollar market, with 4,300 units changing hands in closing 1 cent higher to 23 US cents, with the index rising 4.67 points to 174.66.
The major movers at the close, are Caribbean Cement that climbed $1.85, Grace Kennedy losing $1 with 624,979 shares changing hands, followed by a rise of $1.40 in the price of NCB Financial, while Supreme Ventures fell 49 cents with 7.4 million shares trading.

For more details of market activities, see report – 10 JSE stocks rise 7 fall – Wednesday.

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

Drop in JSE main market on Tuesday

December 5, 2017 by

The Main Market of the Jamaica Stock Exchange, recorded declines in the market indices in trading on Tuesday 7 advanced, 7 declined and 8 traded firm with 2,992,590 units valued at $57,473,157 compared to 5,044,996 units valued at $75,889,380 on Monday.
Trading on the Main Market of the Jamaica Stock Exchange ended on with 22 securities changing hands versus 26 on Monday. At the close, the JSE All Jamaican Composite Index declined by 1,062.41 points to close at 302,839.03 and the JSE Index declined by 967.97 points to close at 275,920.61.
Trading ended with an average of 136,027 units for an average of $2,612,416 in contrast to 194,038 units for an average of $2,918,822 on Monday. The average volume and value for the month to date amounts to 161,245 units valued at $3,699,796 and previously, 173,575 units valued at $4,231,403. In contrast, November closed with average of 349,084 units at an average of $5,801,440 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and 2 with lower offers.
Proven Investments US ordinary share was the sole trade in the US dollar market, with 1,100 units changing hands in closing with a loss of 1 cent at 22 US cents, but the index remained flat at 169.99 points.
The major movers at the close are, Caribbean Cement with a loss of $1.50, JMMB Group with a fall of $1.50, followed by a rise of $1.98 in the price of NCB Financial, while Sagicor Group rose by $1.20 in and Scotia Group gained $1.50. Jamaica Broilers trading 1.9 million units after falling by 99 cents.
For more details of market activities see report – JSE close down again – Tuesday.

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

JSE close down again on Tuesday

December 5, 2017 by

Trading on the Main Market of the Jamaica Stock Exchange ended on with 22 securities changing hands versus 26 on Monday as 7 securities advanced, 7 declined and 8 traded firm.
At the close, the JSE All Jamaican Composite Index declined 1,062.41 points to 302,839.03 and the JSE Index fell 967.97 points to close at 275,920.61 as 2,992,590 units valued at $57,473,157 traded.
In main market activity, Barita Investments concluded trading 25 cents higher at $8, with 500 units, Berger Paints finished with a loss of $2.25 to $14.55, with 13,213 shares trading, Caribbean Cement ended trading with a loss of $1.50 to close at $30, with 3,700 stock units. Carreras traded at $10.99, with 33,604 units, Grace Kennedy closed at $43, with 132,200 shares, Jamaica Broilers ended with a loss of 99 cents at $17.01, with 1,896,189 stock units, Jamaica Stock Exchange finished at $6.90, with 32,935 shares. JMMB Group fell $1.50 to $25, with 514,862 shares, Kingston Wharves traded at $32.50, with 17,837 units, Mayberry Investments finished trading with a loss of 1 cent at $5, with 115,425 shares, NCB Financial Group closed $1.98 higher at $92.50, with 15,738 shares. 1834 Investments ended at $1.20, with 2,630 stock units, 138 Student Living closed at $6, with 1,833 shares, PanJam Investment concluded trading $1 higher at $42, with 1,992 units, Pulse Investments settled at $1.50, with 50,000 shares, Radio Jamaica ended trading 4 cents higher at $1.09, with 10,500 stock units, Sagicor Group traded $1.20 higher to $38, with 12,466 units. Sagicor Real Estate Fund finished trading with a loss of 20 cents at $14.30, with 200 shares, Scotia Group ended with a gain of $1.50 at $52.50, with 11,209 stock units, Seprod concluded trading with a loss of 50 cents at $29.50, with 20,800 units, Sterling Investments finished at $12, with 50,000 shares and Supreme Ventures settled 50 cents higher at $10.50, with 54,757 shares.
Prices of securities trading for the day are those at which the last trade took place.
For more details of market activities see report “Drop in JSE main market on Tuesday.”

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