Mixed trading in Trinidad

Trading on the Trinidad & Tobago Stock Exchange on Tuesday resulted in 16 securities changing hands compared to 13 on Monday. One Caribbean Media was the dominant trade with 70 percent of the value of securities exchanged, while NCB Financial inched 1 cent higher, to end at a closing high of $6.21.
At the close, 4 stocks advanced, 8 declined and 4 remained unchanged as 656,483 shares traded at a value of $7,023,258 compared to Monday’s trades of 327,937 valued at $2,161,206.
The Composite Index gained 1.08 points to 1,284.03, the All T&T Index declined 1.80 points to 1,754.53 and the Cross Listed Index gained 0.55 points to close at 109.65.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| The last traded price of the securities rising and the volumes changing hands are JMMB Group with gains of 4 cents, closed at $2.04 trading 181,662 shares valued at $352,263, NCB Financial Group ended at a 52 weeks’ closing high of $6.21, rising 1 cent with 1,084 units, earlier the price hit a record high of $6.34 before pulling back by the close. Prestige Holdings gained 1 cent to close at $10.76 with 3,000 shares and Sagicor Financial closed 5 cents higher to $8 in exchanging 3,158 shares.
Losses| The last traded price of the securities declining and the volume changing hands are Angostura Holdings with a loss of 5 cents, ended at $15 with 450 units, Ansa McAL lost 5 cents and closed at a 52 weeks’ low of $62.95, with 6,388 shares trading valued at $402,448. First Citizens slipped 8 cents, settling at $31.81 while exchanging 1,042 units, Guardian Holdings lost 1 cent, closing at $15 with 2,747 shares, Massy Holdings slid 35 cents to $49.50 with 400 units changing hands. Point Lisas ended at $3.96, with a loss of 4 cents in trading 25,000 shares, Trinidad Cement declined by 5 cents to settle at $3.95 with 400 units changing hands and Trinidad & Tobago NGL close down 1 cent, to $23.49 with 6,177 shares.
Firm Trades| the securities closing with unchanged prices at the close are Clico Investment closing at $21 after exchanging 37,694 shares valued at $791,524, while Grace Kennedy traded 33,150 shares at $3, One Caribbean Media settling at $14 with 354,031 shares valued at $4,956,434 and Republic Financial Holdings exchanging 100 units at $101.76.

Lasco Distributors hits Junior Market again

At the close of trading, the Junior Market Index dropped 48.55 points to close at 3,126.33 as the prices of 6 securities advanced, 8 declined and 7 remained unchanged with 21 securities changing hands versus on Friday.
Trading activity on Monday with, resulted in an exchange of 1,181,368 units valued at $5,830,463 compared to 1,983,899 units valued at $10,827,572 on Friday.
Trading ended with an average of 56,256 units for an average of $277,641 in contrast to 132,260 units for an average of $721,838 on Friday. The average volume and value for the month to date amounts to $73,639 units valued at $371,926 and previously 80,157 units valued at $358,761. 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 1 stocks ended with bids higher than their last selling prices and 4 with lower offers.
At the close of the market, CAC 2000 fell 5 cents to $6.90, with 1,000 shares trading, Caribbean Flavours traded 257 shares at $12, Cargo Handlers concluded trading 5 cents higher at $10.85, with 2,000 stock units, Caribbean Producers gained 4 cents to close at $3.79, with 562,000 units, Express Catering declined 6 cents to $4.60, with 13,000 stock units changing hands. Eppley finished with a loss of 10 cents at $11.50, with 203 units, Honey Bun closed at $4.60, with 1,700 shares, Jamaican Teas ended trading at $4.10, with 1,000 units, Jetcon Corporation finished traded 4,718 shares at $4.80. Knutsford Express ended with a loss of 5 cents at $14.75, in exchanging 1,355 shares, KLE Group traded at $2.50, with 100 units, Caribbean Cream finished 49 cents higher at $5.99, with 32,300 shares, Lasco Distributors dropped 73 cents to end at $6.27, with 300,051 shares, as investors continue to respond negatively to initial court ruling on the case against Pfizer. Lasco Financial concluded trading with a loss of 50 cents at $4.50, with 47,434 stock units, Lasco Manufacturing finished trading with a loss of 20 cents at $4.30, with 9,900 units, Medical Disposables concluded trading 17 cents higher at $5.82, with 75,801 shares, Main Event rose by 10 cents to end at $5.60, with 65,139 shares. Paramount Trading closed 59 cents higher at $3.59, with 37,649 units as investors responded to the news of its expansion into the processing of chlorine and bleach. Stationery and Office fell 15 cents to close at $4.85, with 22,436 stock units trading, Sweet River traded at $3.86, with 3,225 units and tTech finished at $7.09, with 100 shares.
Prices of securities trading for the day are those at which the last trade took place

Trinidad Stock Exchang trading mixed – Monday

Trading on the Trinidad & Tobago Stock Exchange closed on Monday with 13 securities changing hands compared to 14 on Friday as 3 stocks advanced, 3 declined and 7 were unchanged.
At the close, as 327,937 shares traded at a value of $2,161,206, compared to Friday’s trades of 909,312 valued at $3,281,614.
The Composite Index lost 0.12 points to 1,282.95, the All T&T Index gained 2.06 points to 1,756.33 and the Cross Listed Index eased back 0.32 points to close at 109.10.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 7 with lower offers.
Gains| The stock gaining are Grace Kennedy with a gain of 5 cents, and closed at a 52 weeks’ high of $3 in exchanging 70,650 shares, Guardian Holdings closing at $15.01, after rising 1 cent with 4, 937 shares trading and Republic Financial Holdings having advanced 76 cents to close at $101.76 with 1,437 units changing hands.
Losses| The securities declining based on the last traded prices are, First Citizens with a 1 cent loss, ending at $31.89 with 3,400 shares traded, JMMB Group slipped 11 cents, closing at $2 with 134,468 shares and Massy Holdings settled at $49.85,in losing 13 cents with 125 units trading.
Firm Trades| Stock trading unchanged at the close, are Ansa Merchant Bank closing at $40 trading 3,314 shares, Clico Investment remained at $21 exchanging 25,170 units valued at $528,570, National Flour Mills closed at $1.95 with 26,000 shares changing hands, Sagicor Financial traded 2,000 units at $7.95. Scotiabank closed with 100 units changing hands at $58.10, Trinidad Cement settled at $4 trading 37,036 shares and Trinidad & Tobago NGL ended at $23.50 with 19,264 shares valued at $453,704.

JSE main market falls back – Friday

Trading on the Main Market of the Jamaica Stock Exchange ended on Friday with the JSE All Jamaican Composite Index declined by 1,443.17 points to close at 320,147.12 and the JSE Index declined by 1,314.89 points to close at 291,690.24.
At the close of market activity, 25 securities changed hands in the main market, 11 advanced, 10 declined and 4 traded firm with 4,118,253 units valued at $67,698,071 compared to 7,356,609 units valued at $123,516,599 on Thursday.
In US dollar market activity, the US dollar market index slipped 0.21 points to 180.67 as 3 securities traded with 2 declining and one remaining unchanged, leading to the 61,625 units trading with a value of US$54,145. Total trading in the two markets amounted to $74,574,532.
Trading ended with an average of 164,730 units for an average of $2,707,923 in contrast to 294,264 units for an average of $4,940,664 on Thursday. The average volume and value for the month to date amounts to 200,104 units valued at $3,492,546 and previously 218,920 units valued at $3,909,899. In contrast, October closed with average of 1,185,251 units valued at $16,528,582 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the main and US dollar market shows 7 stocks ended with bids higher than their last selling prices and 5 with lower offers.

Lasco Distributors knocks Junior Market

Lasco’s ICool drinks.

The Junior Market Index declined by 53.97 points to close at 3,174.88 on Friday as investors reacted negatively to the interim court findings on the Lasco Distributors’ claim against Pfizer pulling the price down by $1.14 down to $7.
At the close of the Junior Market activities, 15 securities changing hands, versus 18 on Thursday as the prices of 4 securities advanced, 6 declined and 5 remained unchanged. Trading ended in an exchange of 1,983,899 units valued at $10,827,572, compared to 1,808,817 units valued at $8,566,954 on Thursday.
Trading ended with an average of 132,260 units for an average of $721,838 in contrast to 100,490 units for an average of $475,942 on Thursday. The average volume and value for the month to date amounts to 80,157 units valued at $358,761 and previously 61,095 units valued at $292,203. 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 3 with lower offers.
At the close of the market, AMG Packaging settled at $3.50, with 17,905 stock units, Caribbean Flavours finished trading at $12, with 243 shares, Cargo Handlers concluded trading with a loss of 20 cents at $10.80, with 2,819 stock units being exchanged, Caribbean Producers traded 5 cents higher at $3.75, with 5,000 units, Derrimon Trading slipped 1 cent to $6.99, with 131,130 shares changing hands. Express Catering ended with a loss of 9 cents at $4.66, trading 27,258 stock units, General Accident settled with a loss of 21 cents at $2.80, with 155,155 shares, Honey Bun closed at $4.60, trading 1,863 shares, Jetcon Corporation closed unchanged at $4.80, with 539,189 shares. Lasco Distributors closed with a loss of $1.14 at $7, with 521,025 shares after the court handed down an interim ruling in the case against Pfizer, Lasco Financial concluded trading at $5, with 502,835 stock units, after trading as high as $5.15, Lasco Manufacturing closed 10 cents higher at $4.50, with 22,372 units, Main Event ended trading with a loss of 10 cents at $5.50, with 14,976 shares. Paramount Trading traded 1 cent higher at $3, with 15,325 units and Stationery and Office finished trading 15 cents higher at $5, with 26,804 stock units.
Prices of securities trading for the day are those at which the last trade took place.

Prices mostly slipped on TTSE – Friday

Trading on the Trinidad & Tobago Stock Exchange closed on Friday with 14 securities changing hands compared to 15 on Thursday and ended with 1 advancing, 4 declining and 9 holding firm.
Market activity resulted in 909,312 shares traded at a value of $3,281,614 compared to Thursday’s trades of 329,493 valued at $2,207,158.
The Composite Index was down 0.75 points to 1,283.07, the All T&T Index declined 1.82 points to 1,754.27 and the Cross Listed Index gained 0.05 points to close at 109.42.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 3 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| First Citizens was the sole stock rising and ended with a gain of 10 cents, closing at $31.90 with 1,139 units.
Losses| JMMB Group pulled back from its recent record run to end with a loss of 4 cents, and closed at $2.11 with 592,986 shares valued at $1,270,760 traing. Massy Holdings settled at $49.98, losing 2 cents with 197 units, National Flour Mills closed at a 52 weeks’ low of $1.95, down 3 cents exchanging 26,307 shares and Republic Financial Holdings traded 76 cents lower to a 52 weeks’ low of $101, with a mere 10 units.
Firm Trades| The stocks traded unchanged at the close of trading are Clico Investment that closed at $21 with trades of 18,800 shares valued at $394,801, First Caribbean International Bank exchanged 5,100 shares at $9, Grace Kennedy remained at $2.95 with 194,500 shares valued at $573,775. NCB Financial Group closed at $6.20 trading 35,052 shares, Readymix closed at $11 with 280 units.Sagicor Financial traded 14,776 shares at $7.95, Scotiabank exchanged 2,559 shares at $58.10, Trinidad Cement closed at $4 with 200 units and Trinidad & Tobago NGL ended at $23.50 with17,406 shares valued at $410,465.

Juniors resume rally

Trading picked up on the Junior Market on Thursday with almost three times the levels on Wednesday as 18 securities changed hands, resulting in an exchange of 1,808,817 units valued at $8,566,954.
A total of 23 securities traded on Wednesday, accounting 696,098 units valued at $3,413,352. At the close of market activities, the prices of 5 securities advanced, 7 declined and 6 remained unchanged, leading to the Junior Market Index advancing 19.87 points, to close at 3,228.85.
Trading ended with an average of 100,490 units for an average of $475,942 in contrast to 30,265 units for an average of $148,407 on Wednesday. The average volume and value for the month to date amounts to 61,095 units valued at $292,202. In contrast, October closed with an 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 2 stocks ended with bids higher than their last selling prices and 5 with lower offers.
At the close of the market, Blue Power concluded trading at $45, with 1,000 units, CAC 2000 settled 45 cents higher at $6.95, with 1,103 shares, Caribbean Flavours traded 10 cents higher at $12, with 3,205 shares, Caribbean Producers finished trading with a loss of 9 cents at $3.70, with 27,500 units, Express Catering traded 25 cents higher at $4.75, with 18,300 stock units. General Accident settled with a loss of 10 cents at $3.01, with 7,324 shares, Honey Bun finished with a loss of 30 cents at $4.60, with 500 shares, Jamaican Teas ended trading at $4.10, with 25,971 units, Jetcon Corporation ended with a loss of 4 cents at $4.80, with 159,841 shares. Knutsford Express ended trading at $14.80, with 4,226 shares, Caribbean Cream finished at $5.50, with 20,000 shares, Lasco Distributors settled 13 cents higher at $8.14, with 299,753 shares, Lasco Financial finished at $5, with 145,831 stock units. Lasco Manufacturing finished 1 cent higher at $4.40, with 150,582 units, Medical Disposables settled with a loss of 15 cents at $5.65, with 2,784 shares, Main Event finished at $5.60, with 82,039 shares, Paramount Trading finished trading with a loss of 1 cent to close at $2.99, with 684,249 units and Stationery and Office settled with a loss of 45 cents at $4.85, with 174,609 stock units.
Prices of securities trading for the day are those at which the last trade took place.

All Jamaica in major recovery – Thursday

NCB closes at new record high of $109 on Thursday.

The JSE All Jamaican Composite Index advanced 2,455.94 points to close at 321,590.29 and the JSE Index advanced 2,237.64 points to close at 293,005.13 as NCB Financial jumped $2.99 to a record close of $109.
Trading ended on the Main Market of the Jamaica Stock Exchange on Thursday with 25 securities changing hands, 8 advanced, 8 declined and 9 traded firm with 7,356,609 units valued at $123,516,599.
There was trading in 2 securities In the US dollar market leading to the JSE US dollar Index falling 4.82 points to 180.88 as 5,802 shares with a value of US$1,474, bringing the total trades in the two markets to J$123,703,808. Wednesday’s trading in contrast to the increase trading on Thursday was 2,932,638 units valued at $60,248,652 on Wednesday.
Trading ended with an average of 294,264 units for an average of $4,940,664 in contrast to 133,302 units for an average of $2,738,575 on Wednesday. The average volume and value for the month to date amounts to 218,920 units valued at $3,909,899 previously. In contrast, October closed with average of 1,185,251 units valued at $16,528,582 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the main and US dollar market shows 7 stocks ended with bids higher than their last selling prices and 5 with lower offers.
In the main activity Berger Paints closed 30 cents higher at $16.30, with 16,296 shares, Cable & Wireless ended trading at $1.10, with 530,316 shares, Caribbean Cement climbed $3.44 higher at $34.95, with 2,500 stock units. Carreras settled at $11.50, with 712,762 units, Grace Kennedy ended trading with a loss of 1 cent at $41.99, with 97,977 shares, Jamaica Broilers traded at $18.60, with 354,001 stock units, Jamaica Producers concluded trading with a loss of 10 cents at $15.80 and with 4,035,262 units trading. Jamaica Stock Exchange settled 4 cents higher at $6.80, with 16,170 shares, JMMB Group ended with a loss of $1.19 at $28.51, with 84,297 shares, Kingston Properties concluded trading at $8, with 15,950 stock units, Kingston Wharves finished trading with a loss of 15 cents at $32.50, with 35,770 units. Mayberry Investments finished trading 5 cents higher at $4.35, with 306,697 shares, NCB Financial Group ended $2.99 higher at a record close of $109, with 60,063 shares, 138 Student Living closed with a loss of 10 cents at $5.40, with 22,900 shares, 1834 Investments finished with a loss of 20 cents at $1.15, with 109,594 stock units, PanJam Investment closed at $42, with 82,529 units, Pulse Investments concluded trading with a loss of 6 cents at $1.90, with 4,064 shares. Radio Jamaica settled at $1.15, with 161,673 stock units, Sagicor Group settled 95 cents higher at $39, with 407,273 units, Sagicor Real Estate Fund settled 30 cents higher at $14.50, with 75,122 shares, Salada Foods Jamaica settled with a loss of $1.30 at $8.50, with 10,000 shares. Scotia Group ended $1.28 higher at $51.79, with 131,230 stock units and Supreme Ventures settled at $11.80, with 42,177 shares. In the main market preference segment, JMMB Group ended with a loss of 1.19 cents at $28.51, with 84,297 stock units, and in the US dollar market Productivity Business Solutions traded 402 units at 58 US cents and Proven Investments traded 5,400 units at 23.99 US cents.
Prices of securities trading for the day are those at which the last trade took place.

JMMB Group heads to new high

JMMB traded a new high on the TTSE.

JMMB Group closed at a new record high of $2.15 in Thursday’s trading on the Trinidad & Tobago Stock Exchange. Market activity ended with 17 securities changing hands compared to 12 on Wednesday with 2 stocks posting gains, 3 declining and 12 unchanged.
At the close, 328,493 shares traded at a value of $2,207,158 compared to Wednesday’s trades of 382,785 valued at $4,215,303.
The Composite Index dropped 2.51 points to 1,283.82, the All T&T Index declined by 5.64 points to 1,756.09 and the Cross Listed Index advanced 0.09 points to 109.37.
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| In trading on Thursday Angostura Holdings ended with a 5 cents gain, to close at $15.05 with 1,350 units and JMMB Group surpassed the previous day’s 52 weeks’ high to close at a new high of $2.15,after rising 5 cents with 67,087 shares trading.
Losses| Securities closing with losses are Clico Investment that traded 46 cents lower to $21 while exchanging 16,680 shares valued at $350,280, Guardian Holdings dropping 50 cents, and closed at $15 with 1,713 units and West Indian Tobacco dropped $2 to end at a 52 weeks’ low of $121, trading only 8 units.
Firm Trades| At the close of trading First Citizens closed at $31.80 with 1,061 units, Grace Kennedy held firm at $2.95 with 2,200 shares changing hands, Massy Holdings exchanged 3,331 shares at $50, National Flour Millsclosed at $1.98 with 2,500 shares. NCB Financial Group remained at $6.20 trading 125,205 shares valued at $776,301, One Caribbean Media closed at $14 with 195 units, Republic Financial Holdings settled at $101.76 with 1,873 shares trading. Sagicor Financial closed at $7.95 with trades of 4,290 shares, Trinidad Cement exchanged 100,000 shares at $4 valued at $400,000 and Bourse Brazil Latin Fund US Dollar shares closed at $8.08 with 1,000 units changing hands.

Junior Market suffers modest fall

Bulls pushing Jamaican stocks.

Trading fell sharply on the Junior Market of the Jamaica Stock Exchange on Wednesday compared to Tuesday with 23 securities changing hands, resulting in an exchange of only 696,098 units valued at $3,413,352.
In contrast on Tuesday 1,359,763 units valued at $7,878,297 from just 17 securities trading. At the close of market activities on Wednesday, the prices of 7 securities advanced, 7 declined and 9 remained unchanged. After 12 consecutive days of advances the Junior Market Index declined 15.46 points to close at 3,208.98.
Trading ended with an average of 30,265 units for an average of $148,407 in contrast to 79,986 units for an average of $463,429 on Tuesday. 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 just 3 stocks with the bid higher than their last selling price and 1 with a lower offer.
At the close of the market, AMG Packaging ended at $3.50, with 1,500 stock units trading, CAC 2000 traded with a loss of 45 cents at $6.50, with 2,130 shares, Caribbean Flavours ended trading 90 cents higher at $11.90, with 5,365 shares, Cargo Handlers finished trading with a loss of 9 cents at $11, with 5,515 stock units, Caribbean Producers closed at $3.79, with 5,419 units. C2W Music finished at $0.42, with 2,500 stock units, Express Catering ended with a loss of 43 cents at $4.50, with 26,731 stock units, Eppley finished at $11.60, with 2,691 ordinary shares, General Accident traded at $3.11, with 79,509 units, Honey Bun finished at $4.90, with 2,400 shares. Iron Rock finished trading 4 cents higher at $3.25, with 19,247 shares Jamaican Teas concluded trading at $4.10, with 3,550 units, Jetcon Corporation closed 4 cents higher at $4.84, with 64,982 shares, Knutsford Express settled at $14.80, with 2,350 shares, KLE Group concluded trading with a loss of 30 cents at $2.50, with 121,100 units. Caribbean Cream finished trading with a loss of 30 cents at $5.50, with 9,632 shares, Lasco Distributors settled 41 cents higher at $8.01, with 141,702 shares, Lasco Financial finished trading 50 cents higher at $5, with 154,030 stock units, Lasco Manufacturing finished trading with a loss of 6 cents at $4.39, with 40,545 units. Medical Disposables ended trading 5 cents higher at $5.80, with 3,000 shares and tTech closed 4 cents higher at $7.09, with 1,100 shares trading. In the junior market preference segment, Eppley 9.5% traded 200 units at $7.20 after falling 5 cents and Eppley 10% ended trading at $6, with 900 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.