Jamaican stocks shed more blood – Friday

It was an all reds day in trading on the Jamaica Stock Exchange on Friday with all market indices falling. In the main market 23 securities changed hands, 8 advanced, 8 declined and 7 traded firm.
The JSE All Jamaican Composite Index dropped 2,030.31 points to 309,636.69 and is now just above support level on the technical channel that it broke through in October as the market retest support. The JSE Index dived 1,849.84 points to 282,114.05.
Trading ended with 10,390,820 units valued at $339,090,865 compared to 3,984,045 units valued at $54,400,232 on Thursday with an average of 451,775 units for an average of $14,743,081, in contrast to 189,716 units for an average of $2,590,487 on Thursday. The average volume and value for the month to date, amounts to 333,369 units valued at $5,463,149 and previously 326,475 units valued at $4,922,799. In contrast, October closed with an average of 1,185,251 units valued at $16,528,582 for each security traded.
The US dollar market index fell 9.06 points to 168.15 as 2 securities traded lower with a volume of 26,719 units valued at US$29,135. Trading in both markets lead to a volume of 10,417,539 units valued at J$$342,761,884.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 9 stocks ended with bids higher than their last selling prices and 1 with lower offers.
In the US dollar market JMMB Group 6% US dollar preference share traded 25,841 units at $1.12, down from $1.121 previously and Proven Investments traded 878 ordinary shares at 22 US cents after slipping 2 cents.
The main movers for the day were, Caribbean Cement ended with a loss of $2.49, NCB Financial Group dropping $4.40 and Sagicor Group gaining $1.10. PanJam Investment traded 4,370,132 shares, Sagicor Group traded 3,011,732 units and Supreme Ventures settled with 1,109,526 shares.

Juniors down sharply with 9 losers

The Junior Market of the lost much grounds on Friday on a day when all the Jamaica Stock Exchange indices declined. The Junior Market Index declined 50.10 points to close at 2,994.40 and follows a 22 points fall on Thursday.
Trading on the ended with the prices of 9 securities declining, 3 rising, and 7 remained unchanged with 20 securities changing hands, resulting in an exchange of 1,089,369 units valued at $4,857,835 compared to 1,766,060 units valued at $7,828,514 on Thursday, from 22 securities.
Trading ended with an average of 54,468 units for an average of $242,892 in contrast to 80,275 units for an average of $355,842 on Thursday. The average volume and value for the month to date amounts to 112,183 units valued at $546,893 and previously 115,661 units valued at $565,207. In contrast, October closed with average of 74,690 units valued at $362,548 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ended with bids higher than their last selling prices and 3 with lower offers.
At the close of the market, Access Financial closed with a loss of 1 cent at $41, with 127 shares, Cargo Handlers ended trading 99 cents higher at $12, with 1,000 stock units, Caribbean Cream finished at $5.55, with 600 shares, Caribbean Producers traded with a loss of 30 cents at $4.20, with 50,447 units, Express Catering ended 10 cents higher at $4.50, with 31,819 stock units, General Accident finished at $2.70, with 31,827 shares. Honey Bun settled with a loss of 10 cents at $4.70, with 2,065 shares,

The chart now carries the dividends declared fro the last twelve months and the yields based on the last traded price of each stock.

Jetcon Corporation finished trading 20 cents higher at $4.70, with 64,610 shares, Knutsford Express closed at $13.50, with 16,000 shares, KLE Group concluded trading at $2.51, with 20,000 units. Lasco Distributors settled with a loss of 91 cents at $5.07, with 126,874 shares, Lasco Financial ended trading with a loss of 20 cents at $6.30, with 105,085 stock units, Lasco Manufacturing traded with a loss of 10 cents at $3.95, with 93,851 units. Main Event closed with a loss of 28 cents at $5.61, with 42,720 shares, Paramount Trading concluded trading at $3.50, with 411,784 units, Iron Rock settled at $2.80, with 17,900 shares, Stationery and Office ended trading with a loss of 8 cents at $5.05, with 71,214 stock units. Sweet River traded at $3.86, with 1,000 units and tTech finished trading with a loss of 1 cent at $6.99, with 252 shares. In the junior market preference segment, Eppley 8.25% traded 194 units at $6.
Prices of securities trading for the day are those at which the last trade took place.

Altitude lost by JSE main market

NCB Financial Group dropped $4.40 on the JSE on Friday.

The Jamaica Stock Exchange All Jamaican Composite Index dropped 2,030.31 points to 309,636.69, just above support level on the technical chart, as it retest support around that level. The JSE Index dived 1,849.84 points to 282,114.05.
Trading ended with 10,390,820 units valued at $339,090,865 from 23 securities changing hands, 8 advanced, 8 declined and 7 traded firm.
In the main activity, Barita Investments concluded trading at $8, with 20,000 units, Berger Paints finished with a loss of 39 cents at $16.50, with 126,300 shares, Cable & Wireless settled with a loss of 11 cents at $0.99, with 475,341 shares, Caribbean Cement ended trading with a loss of $2.49 at $32.01, with 1,455 stock units. Carreras traded with a loss of 45 cents at $11.05, with 116,095 units, Grace Kennedy closed 44 cents higher at $43.44, with 1,661 shares, Jamaica Broilers ended with a loss of 50 cents at $17.50, with 2,044 stock units, Jamaica Producers concluded trading 50 cents higher at $16, with 12,982 units. JMMB Group settled with a loss of 40 cents at $27.95, with 13,068 shares, Kingston Wharves traded 50 cents higher at $33, with 8,900 units, Mayberry Investments finished trading 10 cents higher at $5.10, with 5,333 shares, NCB Financial Group closed with a drop of $4.40 to $95, with 121,584 shares. 1834 Investments ended at $1.30, with 2,500 stock units trading, PanJam Investment concluded trading at $41.50, with 4,370,132 units, Portland JSX finished with a loss of 10 cents at $9, with 10,749 shares, Radio Jamaica ended trading 7 cents higher at $1.07, with 5,605 stock units, Sagicor Group traded $1.10 higher at $38.10, with 3,011,732 units. Sagicor Real Estate Fund finished trading 50 cents higher at $14.50, with 11,669 shares, Scotia Group ended at $51.20, with 327,028 stock units, Seprod concluded trading 20 cents higher at $32.20, with 2,489 units and Supreme Ventures settled at $10.50, with 1,109,526 shares.
Prices of securities trading for the day are those at which the last trade took place.

Unilever’s bad news get worse

Unilever Caribbean stock price from 2009 to 2017

Unilever Caribbean recorded a price drop of $3.75, on the Trinidad & Tobago Stock Exchange on Friday, ending the day at multi-year low of $35 and closed with the offer at $34.80 to sell just 280 units with no bids posted to buy. The price that peaked at $68.49 in December 2015, is now at the lowest it’s been since it traded 110 units at 34.67 on April 17, 2012.
The stock has fallen as revenues fell sharply in 2017 pulling profits way down, with indication of much further fall ahead as the shares face a long cold winter in the doldrums.
Trading resulted in 11 securities changing hands compared to 13 on Thursday as the price of 2 stocks advanced, 4 declined and 5 were unchanged following 148,999 shares trading at a value of $514,609 compared to Wednesday’s trades of 80,674 units valued at $2,224,568.
The Composite Index gained 1.07 points to 1,275.58, the All T&T Index advanced 1.39 points to 1,742.29 and the Cross Listed Index added 0.10 points to close at 109.03.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 9 with lower offers.
Gains| In trading, Grace Kennedy gained 5 cents, and closed at a 52 weeks’ high of $3.05 exchanging 1,485 shares and Sagicor Financial added 2 cents, ending at $7.83 with 3,779 shares traded.
Losses| The securities declining changing hands are, First Citizens with a loss of 7 cents, to close at $31.90 with 282 units, JMMB Group closed at $2.15, after losing 3 cents trading 135,117 shares, National Flour Mills slid 10 cents to close at a 52 weeks’ low of $1.80 exchanging 3,400 shares and Unilever Caribbean declined by $3.75 to settle at a 52 weeks’ low of $35 with 760 units.
Firm Trades| At the close of trading Guardian Holdings held firm at $15.70 with 2,014 shares, Massy Holdings remained at $48 with 125 units exchanged, One Caribbean Media traded 200 units at $14. Scotiabank ended at $58.75 after trading at $60, with trades of 1,684 shares and Trinidad & Tobago NGL closed at $24 with 153 units.

Consolidation ahead of Christmas rush

Trading on the Main Market of the Jamaica Stock Exchange ended on Thursday with the market indices slipping moderately as 21 securities changing hands, of which 7 advanced, 7 declined and 5 traded firm with 3,984,045 units valued at $54,400,232 changing hands.
Price movements were dominated by Caribbean Cement, NCB Financial Group, Scotia Group and Sterling Investments. Barita Investments concluded trading at $8, with 24,584 units, Berger Paints finished with a loss of 11 cents at $16.89 with 5,225 shares trading, Cable & Wireless settled 10 cents higher at $1.10, with 117,487 shares, Caribbean Cement jumped $2.49 higher to $34.50, with a mere 1,781 stock units, Carreras traded at $11.50, with 91,328 units. Grace Kennedy closed at $43, with 5,561 shares, Jamaica Broilers ended with a loss of 40 cents at $18, with 47,667 stock units, Jamaica Producers concluded trading 50 cents higher at $15.50, with 80,157 units, Jamaica Stock Exchange finished 23 cents higher at $7.25, with 7,660 shares. JMMB Group settled 30 cents higher at $28.35, with 335,902 shares, Kingston Wharves traded with a loss of 40 cents at $32.50, with 12,116 units, NCB Financial Group closed $1.90 higher at $99.40, with 94,324 shares, PanJam Investment concluded trading at $41.50, with 46,281 units. Radio Jamaica ended trading with a loss of 9 cents at $1, with 2,210,747 stock units, Sagicor Group traded 50 cents higher at $37, with 607,088 units, Salada Foods closed with a loss of 80 cents at $10, with 2,000 shares, Scotia Group ended with a loss of $1.30 at $51.20, with 42,816 stock units changing hands. Sterling Investments finished with a loss of $1 at $12, with 3,702 shares and Supreme Ventures settled at $10.50, with 200,528 shares. In the main market preference shares segment, Jamaica Money Market Brokers 7.25% traded 4,091 units to close at $2.49, JMMB Group 7.5% ended at $1.10 with 43,000 units, JMMB Group 7.5% preference share ended trading at $1.10, with 50,000 stock units, in the US dollar market JMMB Group US 6% preference share ended trading at $1.121, with 14,159 stock units, Productivity Business lost 2 US cents in trading 3,600 units at 55 US cents and Proven Investments traded 103,248 ordinary shares at 23.97 US cents after rising 4 cents.
Prices of securities trading for the day are those at which the last trade took place.

Trading picks up in Junior stocks

Trading picked up on the Junior Market of the Jamaica Stock Exchange on Thursday with 22 securities changing hands, resulting in an exchange of 1,766,060 units valued at $7,828,514 compared to 726,097 units valued at $5,040,854, from 18 securities on Wednesday.
At the close of market activities, the prices of 6 securities advanced, 10 declined and 6 remained unchanged. The Junior Market Index declined by 22.03 points to close at 3,044.50. The prices of two securities hit 52 weeks’ high with one ending at a record close.
Trading ended with an average of 80,275 units for an average of $355,842 in contrast to 40,339 units for an average of $280,047 on Wednesday. The average volume and value for the month to date amounts to 115,661 units valued at $565,207 and previously 118,172 units valued at $580,065. In contrast, October closed with average of 74,690 units valued at $362,548 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with bids higher than their last selling prices and 2 with lower offers.
At the close of the market, CAC 2000 finished with a loss of 7 cents at $6.50, with 38,000 shares, Caribbean Cream finished with a loss of 5 cents at $5.55, with just 500 shares trading, Caribbean Producers traded 45 cents higher at $4.50, with 770,491 units, after trading at a 52 weeks’ high of $4.99, Consolidated Bakeries finished at $2.05, with 1,470 shares as the stock seems to be finally responding to the poor results released this year. C2W Music ended with a loss of 9 cents at $0.40, with 1,000 stock units, Express Catering ended at $4.40, with 14,476 stock units, Eppley concluded trading $1.49 higher at $11.50, with 806 units, General Accident finished with a loss of  2 cents at $2.70, with 68,981 shares. Honey Bun settled at $4.80, with 11,554 shares, Iron Rock closed with a loss of 1 cent at $2.80, with 22,038 shares, Jamaican Teas traded 40 cents higher at $4.20, with 867 units, Jetcon Corporation finished trading with a loss of 10 cents at $4.50, with 184,554 shares, Knutsford Express closed at $13.50, with 2,000 shares. Key Insurance ended 76 cents higher at a 52 weeks’ high of $4.75, with 19,362 stock units changing hands, KLE Group concluded trading at $2.51, with 50,022 units, Lasco Distributors settled 8 cents higher at $5.98, with 27,534 shares. Lasco Financial ended trading at $6.50, with 60,317 stock units, Lasco Manufacturing traded with a loss of 12 cents at $4.05, with 8,138 units, Medical Disposables finished trading with a loss of 20 cents at $5.10, with 2,000 shares, Main Event closed 38 cents higher at $5.89, with 54,026 shares, Paramount Trading concluded trading with a loss of 20 cents at $3.50, with 256,698 units and Stationery and Office ended trading with a loss of 7 cents at $5.13, with 171,226 stock units.

Prices of securities trading for the day are those at which the last trade took place.

6 TTSE stocks rose in weak market

Market activity on the Trinidad & Tobago Stock Exchange on Thursday resulted in 13 securities changing hands compared to 8 on Wednesday. At the close, 6 stocks advanced, 3 declined and 4 were unchanged.
The Composite Index advanced 0.88 points to 1,274.51, the All T&T Index lost 0.58 points to 1,740.90 and the Cross Listed Index gained 0.32 points to close at 108.93.
Market activity ended with 80,674 shares traded at a value of $2,224,568 compared to Wednesday’s trades of 74,546 valued at $1,870,096.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 3 stocks with bids higher than last selling prices and 8 with lower offers.
Gains| The last traded prices of securities rising on Thursday are, Clico Investment that gained 50 cents in closing at $20.50, with 30,278 shares valued at $632,166 trading. First Citizens ended with gains of 12 cents, to settle at $31.97 after exchanging 1,771 shares while First Caribbean International closed at a 52 weeks’ high of $9.30, by gaining 5 cents with 1,000 units traded. Guardian Holdings advanced 10 cents to $15.70 in exchanging 1,075 units, Sagicor Financial gained 1 cent, in closing at $7.81 with 1,200 shares and Scotiabank traded 25 cents higher, ending at $58.75 with just 100 units changing hands.
Losses| The last traded prices of securities declining are JMMB Group with a loss of 2 cents, closed at $2.18 with 9,063 shares changing hands, Massy Holdings declining by 92 cents to a 52 weeks’ low of $48 trading 7,041 share valued at $338,989 and National Enterprises that ended at a 52 weeks’ low of $9.70, after losing 5 cents with 232 units.
Firm Trades| Securities with the last traded prices unchanged at the close are, Angostura Holdings that ended at $15.05 with 400 units, Ansa McAL closed at $63.03 trading 17,014 shares valued at $1,072,392, National Flour Mills remained at $1.90 in exchanging 10,000 shares and Trinidad & Tobago NGL held firm at $24 with 1,500 shares.

14 million SVL shares trade on JSE

Supreme Ventures Traded the most shares on the JSE on Tuesday.

The JSE All Jamaican Composite Index declined by 646.61 points to close at 314,205.01 and the JSE Index declined by 589.13 points to close at 286,276.31 as NCB Financial drops $3.50 trading 5.4 million shares and Supreme Ventures traded 14 million units.
The US dollar market index rose 6.40 points to 168.30 as just 1 security traded in this market with a volume of 51,366 units valued at US$11,060.
Trading on the Main Market and the US dollar market of the Jamaica Stock Exchange ended trading on with 24 securities changing hands, with 10 advancing, 8 declining and 5 traded firm.
In the main activity, Barita Investments concluded trading with a loss of $1 at $8, with 3,078 units, Berger Paints finished 50 cents higher at $16.50, with 1,680 shares, Cable & Wireless settled with a loss of 7 cents at $1, with 469,227 shares, Caribbean Cement ended trading with a loss of $2.92 at $32.08, with 91,341 stock units. Carreras traded with a loss of $1.18 cents at $10.02, with 206,700 units, Ciboney Group finished trading at 27 cents, with 466,000 shares, Grace Kennedy closed with a loss of 10 cents at $43, with 6,997 shares, Jamaica Broilers ended 10 cents higher at $18.90, with 10,480 stock units changing hands. Jamaica Producers concluded trading with a loss of 50 cents at $15, with 33,650 units, JMMB Group settled with a loss of 90 cents at $28.50, with 36,774 shares, Kingston Wharves traded with a loss of 10 cents at $32.90, with 10,210 units, Mayberry Investments finished trading 10 cents higher at $5.30, with 424,589 shares. NCB Financial Group closed with a loss of $3.50 at $99.50, with 5,452,901 shares traded, 1834 Investments ended at $1.30, with 4,761 stock units, Portland JSX finished at $9.10, with 1,273 shares, Pulse Investments settled at $1.80, with 12,000 shares, Radio Jamaica ended trading at $1.10, with 62,500 stock units. Sagicor Group traded $1.90 higher at $37.50, with 530,438 units, Sagicor Real Estate Fund finished trading 50 cents higher at $15, with 61,620 shares, Scotia Group ended 27 cents higher at $52.27, with 127,574 stock units, Seprod concluded trading 1 cent higher at $32, with 9,358 units and Supreme Ventures settled 25 cents higher at $11.05, with 13,895,672 shares. In the main market preference segment, JMMB Group 7.5% preference share rose 5 cents and ended at $1.05, with 6,272,469 stock units.

Prices of securities trading for the day are those at which the last trade took place.

12 stocks fall 7 advanced on JSE – Wednesday

The main market of the Jamaica Stock Exchange closed on Wednesday with 27 securities changing hands, of which 7 advanced, 12 declined and 8 traded firm leading to 4,352,178 units valued at $47,081,186 changing hands.
Trading on the Main Market resulted in JSE All Jamaican Composite Index diving 2,437.39 points to close at 311,767.62 and the JSE Index plunging by 2,220.74 points to close at 284,055.57.
In main market activity, Berger Paints finished 50 cents higher at $17, with 82,690 shares, Cable & Wireless settled at $1, with 20,426 shares, Caribbean Cement ended trading with a loss of 7 cents at $32.01, with 24,991 stock units. Carreras traded $1.48 higher at $11.50, with 195,612 units, Ciboney Group finished trading with a loss of 1 cent at 26 cents, with 1,205,302 shares, Grace Kennedy closed at $43, with 38,847 shares, Jamaica Broilers fell 50 cents to $18.40, with 1,141,656 stock units. Jamaica Producers concluded trading at $15, with 103,005 units, Jamaica Stock Exchange finished 2 cents higher at $7.02, with 1,952 shares, JMMB Group settled with a loss of 45 cents at $28.05, with 88,942 shares, Mayberry Investments finished trading with a loss of 30 cents at $5, with 142,076 shares. NCB Financial Group closed with a loss of $2 at $97.50, with 48,675 shares, 1834 Investments ended at $1.30, with 13,000 stock units, 138 Student Living closed 5 cents higher at a 52 weeks’ high of $6.05, with 1,500 shares, PanJam Investment concluded trading with a loss of 49 cents at $41.50, with 21,728 units, Pulse Investments settled at $1.80, with 126,800 shares, Radio Jamaica ended trading with a loss of 1 cent at $1.09, with 52,970 stock units. Sagicor Group traded with a loss of $1 at $36.50, with 13,678 units, Sagicor Real Estate Fund fell $1 to $14, with 29,497 shares, Salada Foods jumped $2.30 to $10.80, with 16,250 shares, Scotia Group gained 23 cents to end at $52.50, with 8,897 stock units and Supreme Ventures settled with a loss of 55 cents at $10.50, with 745,984 shares. In the main market preference segment, JMMB 7.25% traded just 500 units to close at $2.49, JMMB Group 7.25% ended at $1.50 with only 200 units, JMMB Group 7.5% preference share ended trading at $1.10, with 50,000 stock units, Proven Investments 8.25% preference share traded 177,000 units and rose 30 cents to $5.50. Proven Investments traded 750 ordinary shares in the US dollar market at 20 US cents after slipping 4 cents.

Prices of securities trading for the day are those at which the last trade took place.

Junior Market jumps 63 points

Lasco Distributors rose by 44 cents to drive Junior Market index sharply higher on Wednesday.

Trading on the Junior Market of the Jamaica Stock Exchange closed on Wednesday with the market Index jumping by 62.85 points to close at 3,066.53 arising from the prices of 4 securities advancing, 9 declining while 5 remained unchanged.
Market activities closed with 18 securities changing hands, up from 17 on Tuesday resulting in an exchange of 726,097 units valued at $5,040,854 compared to 1,885,937 units valued at $9,218,166 from 17 securities changing hands.
Trading ended with an average of 40,339 units for an average of $280,047 in contrast to 110,937 units for an average of $542,245 on Tuesday. The average volume and value for the month to date amounts to 118,172 units valued at $580,065 and previously 122,969 units valued at $598,559. In contrast, October closed with average of 74,690 units valued at $362,548 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 5 with lower offers.
At the close of the market, AMG Packaging ended with a loss of 7 cents at $3, with 5,418 stock units, CAC 2000 finished 7 cents higher at $6.57, with 28,000 shares, Caribbean Producers traded with a loss of 3 cents at $4.05, with 56,540 units changing hands, Consolidated Bakeries finished with a loss of 1 cent at $2.05, with 8,280 shares, Dolphin Cove finished trading with a loss of 50 cents at $17.50, with 91,344 shares, Derrimon Trading closed at $8, with 2,730 shares. Express Catering ended with a loss of 20 cents at $4.40, with 39,707 stock units, Honey Bun settled at $4.80, with 4,843 shares, Iron Rock settled 1 cent higher at $2.81, with 1,040 shares, Jamaican Teas traded with a loss of 25 cents at $3.80, with 102,819 units, Jetcon Corporation finished trading with a loss of 14 cents at $4.60, with 14,689 shares. Knutsford Express closed at $13.50, with 5,100 shares, Caribbean Cream finished at $5.60, with 100 shares, Lasco Distributors climbed 40 cents higher to $5.90, with 9,000 shares, Lasco Financial ended trading at $6.50, with 222,751 stock units. Lasco Manufacturing traded with a loss of 3 cents at $4.17, with 14,000 units, Main Event closed with a loss of 44 cents at $5.51, with 10,000 shares and Stationery and Office ended trading 5 cents higher at $5.20, with 109,736 stock units.
Prices of securities trading for the day are those at which the last trade took place.