NCB trades at record $107

 

NCB Financial Group trades at $107

NCB Financial (NCB) surged $13 to record high of $107 while trading 26,721 units, as 10 securities gained and pushed the JSE All Jamaican Composite Index by 8,028.94 points to a record close of 313,990.54.
NCB closed with just two offers for stocks placed on the market for sale at the close on Friday for a total of 5,320 shares, an indication that supply is drying up faster that demand for the stock.
Trading in the main and US dollar markets ended with 24 securities changing hands, of which 10 advanced, 7 declined and 7 traded firm.
In the market activity, Berger Paints closed $1.50 higher at $14, with 20,799 stock units changing hands, Cable & Wireless traded with a loss of 10 cents at $1.10, with 171,802 units, Caribbean Cement ended with a loss of 90 cents to end at $27.10, with 3,910 shares, Carreras finished trading 30 cents higher at $11.50, with 191,102 stock units, Grace Kennedy traded 11,334 shares and gained 30 cents to end at $42.80. Jamaica Broilers ended trading 94 cents higher at $18.95, with 562 stock units, Jamaica Producers ended trading at $16, with 2,066 shares changing hands, Jamaica Stock Exchange traded at $7, with 19,850 units, JMMB Group ended trading with a loss of 10 cents at $27.50, with 159,999 stock units, Kingston Wharves rose $1.50 to $31.50, with 5,248 units, Mayberry Investments settled with a loss of 11 cents at $4.10, with 73,995 shares, 1834 Investments ended at $1.35, with 4,390 units trading, PanJam Investment ended with a loss of $1.50 at $39.50, with 12,000 stock units. Radio Jamaica closed 5 cents higher at $1.15, with 73,031 units, Sagicor Group ended trading at $39.50 after rising $1.50, with 71,333 shares, Sagicor Real Estate Fund jumped 99 cents to a new high at $15, with 3,630,842 units, Salada Foods Jamaica finished with a loss of 20 cents at $9.80, with 2,000 stock units, Scotia Group finished trading with a loss of 92 cents at $49.08, with 247,759 shares. Supreme Ventures ended trading 40 cents higher at $11.90, with 13,160 stock units changing hands. In the main market preference segment, JMMB Group finished trading at $1.11, with 417,882 stock units, In the US dollar market segment, Productivity Business traded 135,846 shares at 57.5 US cents after losing 2.5 cents and Proven Investments closed with 4,015 units trading at 23.5 US cents and JMMB Group 6% US dollar preference share traded 1,500 units at $1.10.
Prices of securities trading for the day are those at which the last trade took place.

NCB leads JSE to 8,028.94 points rise

NCB Financial closed at a record $107 on Friday, pushing a stock split one step closer.

 NCB Financial surged to a new record of high of $107 and along with 9 other stocks and pushed the JSE All Jamaican Composite Index by 8,028.94 points to a record close of 313,990.54 for a 49 percent gain in 2017.
The JSE Index to jumped 7,315.27 points to a record close of 286,080.89 on a day when two new record close was achieved by two securities. Trading picked up from Thursday’s low levels with 5,159,785 units valued at $78,990,902 trading compared to 3,438,708 units valued at $30,094,508 on Thursday.
Trading on the Main Market settled with 21 securities changing hands, of which 10 advanced, 6 declined and 5 traded firm. The US dollar market had 3 securities trading with one suffering a decline. Volume traded in this market was 141,361 units valued at US$80,724 and the US dollar Index fell 2.29 points to 183.01.
Sagicor Real Estate Fund closed at a new high of $15 after rising 99 cents, trading 3,630,842 units while Berger Paints closed at $14, but attempts were made to trade it as high as $17.50 but the price exceeded the 30 percent limit it could trade at for the day. Trading closed with bids to buy Berger ranging from a low of $11.02 to a high of $14 to purchase 259,773 shares, 204,458 units are on sale from a low of $16.75 for 41,583 units to most at $22 for 89,388 shares.
Trading ended with an average of 245,704 units for an average of $3,761,472 in contrast to 132,258 units for an average of $1,157,481 on Thursday. The average volume and value for the month to date amounts to 1,667,082 units valued at $22,952,418 and 1,765,920 units valued at $24,286,888, previously. In contrast, September closed with average of 536,395 units at $1,905,441 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows a strong reading of 11 stocks with bids higher than their last selling prices and only 1 with a lower offer.

TTSE remains under pressure

Trading on the Trinidad & Tobago Stock Exchange closed on Friday with 14 securities changing hands compared to 12 on Thursday with 3 rising, 4 falling and 7 were left unchanged.
The market closed with two securities trading at 52 weeks’ low and one at 52 weeks’ high.
At the close, only 309,397 shares traded at a value of $2,564,070 compared to Thursday’s trades of just 162,830 units valued at $1,808,056.
The Composite Index dropped 2.97 points to 1,245.67, the All T&T Index declined by 6.08 points to 1,764.60 but the Cross Listed Index added 0.03 points to close at 97.74.
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| At the close of trading NCB Financial Group closed at a new 52 weeks’ high of $5.32, having gained 1 cent with 400 units. Scotiabank rose 1 cent and closed at $58.06 with 22,071 shares valued at $1,281,442 changing hands and Trinidad &Tobago NGL settled at $23.06, rising 5 cents with 4,250 shares having traded.
Losses| Massy Holdings ended with a loss of 46 cents, to close at $50.01 after trading just 50 units, National Enterprises fell by 35 cents to a 52 weeks’ low of $10 with 300 shares trading, Sagicor Financial lost 25 cents and closed at $7.75, with 11,460 shares changing hands and Unilever Caribbean dropped $1.90 lower to a 52 weeks’ low of $40 in exchanging a mere 10 units.
Firm Trades| Securities trading unchanged at the close are Ansa McAL with 290 units at $63.01. Ansa Merchant Bank exchanged 3,156 shares at $40, First Citizens remained at $31.76 with 3,388 shares, Grace Kennedy closed at $2.90 with 15,000 shares. Guardian Holdings ended at $15.26 with 23,120 shares valued at $352,811, JMMB Group held firm at $1.70 while trading 225,372 shares valued at $383,132 and Republic Financial Holdings settled at $101.79 with 530 units.

Junior Market quietly surging forward

Stationery & Office Supplies climbed to $5.50 on Friday

Trading on the Junior Market of the Jamaica Stock Exchange settled on Friday with 23 securities changing hands, resulting in an exchange of 1,515,647 units valued at $7,693,114 compared to 2,015,630 units valued at $11,835,081 on Thursday.
The market Index surged by 48.58 points to close at 3,034.13, stemming from the prices of 13 securities advancing, 3 declining and 6 remaining with prices unchanged.
Trading ended with an average of 65,898 units for an average of $334,483 in contrast to 125,977 units for an average of $739,693 on Thursday. The average volume and value for the month to date amounts to 75,762 units valued at $353,074 and 79,378 units with an average value of $354,819 previously. In contrast, September closed with average of 116,176 units valued at $538,652 for each security traded.
Trading ended with the market sentiments looking mixed for Monday’s trading activity as 2 stocks ended with bids higher than their last selling prices and 4 with lower offers
At the close of the market, Access Financial closed 80 cents higher at $42, with 15,853 shares changing hands, AMG Packaging added 9 cents to end at $3.49, with 135,101 units trading, Cargo Handlers finished $1 higher at $11, with 415 units, Caribbean Producers traded 5 cents higher at $3.70, with 182,833 units. Eppley closed with a loss of $1 to end at $11, with 5,000 shares changing hands, Express Catering ended trading with a loss of 10 cents at $5, with 433,774 units trading, General Accident traded at $3, with 172,114 stock units, Honey Bun jumped 60 cents higher to $5, with 11,449 shares, Iron Rock ended trading at $3.15, with 5,000 shares. ISP Finance ended 50 cents higher at $18.50, with 2,500 units, Jamaican Teas ended at $4.10, with 60,447 units trading, Jetcon Corporation concluded trading 9 cents higher at $4.99, with 115,923 stock units having been exchanged, KLE Group rose 30 cents higher to $2.80, with 40,000 shares, Knutsford Express finished with a loss of 1 cent at $14.99, after 20,350 units were exchanged. Lasco Distributors traded 5 cents higher at $6.30, with 162,000 shares, Lasco Financial traded 6,955 units at $4.20, Lasco Manufacturing traded at $4, with 42,484 units, Main Event ended trading 21 cents higher at $5.57, after just 3,190 units changed hands, Medical Disposables settled 76 cents higher at $5.50, with 8,800 shares. Paramount Trading rose 40 cents to $3.20, with 2,825 units, Stationery and Office climbed 50 cents to $5.50, with 62,599 shares, tTech ended trading at $7.05, with 18,000 stock units changing hands and in the junior market preference segment, Eppley finished at $6, with 8,035 stock units trading.

All Jamaican Index jumps 1,630.32 points

The Main Market of the Jamaica Stock Exchange closed at another record on Thursday with 26 securities changing hands, 9 advanced, 8 declined and 9 traded firm, leading the JSE All Jamaican Composite Index to jump 1,630.32 points to 305,961.60 and the JSE Index to gain 1,485.40 points to 278,765.62.
For the year to date, the All Jamaican Composite Index is up 45.6 percent and the JSE Index 45 percent.
In both the main and US dollar markets 30 securities traded. With the main market ending with 3,438,708 units valued at $30,094,508 changing hands compared to 2,338,963 units valued at $40,714,751 on Wednesday in the main market while trading In the US dollar market saw 4 securities changing hands, resulting in 21,938 units valued at US$8,171 changing hands. At the close the JSE US dollar Equities Index advanced by 0.49 points to close at 185.30.
Trading ended with an average of 132,258 units for an average of $1,157,481 in contrast to 101,694 units for an average of $1,770,207 on Wednesday. The average volume and value for the month to date amounts to 1,765,920 units valued at $24,286,888 and previously, 1,919,815 units valued at an average of $26,465,745. In contrast, September closed with average of 283,480 units at $3,630,990 for each security traded.
The average volume and value for the month to date amounts to units valued at IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 8 stocks with bids higher than their last selling prices and 1 with a lower offer.

Moderate trading hits JSE majors

Trading on the main market of the Jamaica Stock Exchange was moderate on Thursday with 3,438,708 units, valued at just $30,094,508 changing hands but with the market closing at new record high.
Trading in the US dollar market saw 4 securities changing hands, resulting in 21,938 units valued at US$8,171 trading. A total of 26 securities changing hands in the main market with 9 advancing, 8 declining and 9 traded firm, leading the JSE All Jamaican Composite Index to jump 1,630.32 points to a record close of 305,961.60 and the JSE Index to gain 1,485.40 points to end at a record 278,765.62.
In the main activity, Barita Investments closed $1 higher at $9, with 29,895 shares trading, Berger Paints settled 90 cents higher at $12.50, with 3,308 shares, Cable & Wireless ended trading with a rise of 2 cents to $1.20, with 2,136,104 shares changing hands, Caribbean Cement ended 50 cents higher at $28, with 20,303 units, Carreras finished with a loss of 30 cents at $11.20, with 244,222 stock units trading, Grace Kennedy closed at $42.50, with 119,832 shares. Jamaica Broilers traded with a loss of 49 cents at $18.01, with 11,966 shares, Jamaica Producers closed at $16, with 10,229 units, Jamaica Stock Exchange finished trading with a loss of 20 cents at $7, after trading 1,000 shares, JMMB Group concluded trading 60 cents higher at $27.60, with 29,975 units, Kingston Wharves ended at $30, with 31,537 shares changing hands. Mayberry Investments finished at $4.21, trading 168,816 units, NCB Financial climbed by $1.50 to $94.50 while trading 13,287 units, 1834 Investments ended at $1.35, trading 2,500 units, PanJam Investment ended trading $2.40 higher at $41, with a mere 355 stock units, Portland JSX concluded trading at $9, with 4,500 shares. Radio Jamaica finished trading with a loss of 5 cents at $1.10, with 37,922 shares, Sagicor Group concluded trading with a loss of 50 cents at $38, with 18,876 stock units, Sagicor Real Estate Fund concluded trading 1 cent higher at $14.01, with 210,174 units, Salada Foods gained $1.50 t0 $10, with 1,000 stock units, Scotia Group finished trading with a loss of $3 to end at $50, with 203,381 shares. Seprod finished trading at $30, with 1,674 units and Supreme Ventures concluded trading with a loss of 50 cents at $11.50, with 14,502 units. In the main market preference segment, Jamaica Money Market Brokers 7.5% finished trading with a loss of 10 cents at $1.90, with 60,150 stock units, JMMB Group 6% preference share lost 4 cents to close at $1.10, with 63,000 shares. In the US dollar market segment, JMMB Group 6% preference share closed at US$1.11, with 2,230 shares Productivity Business traded 2,910 shares at 60 US cents and Proven Investments closed with 16,424 units trading at 23.5 US cents.
Prices of securities trading for the day are those at which the last trade took place.

Junior Market recovery continues

Lasco’s ICool drinks.

Trading on the Junior Market of the Jamaica Stock Exchange settled on Thursday with 16 securities changing hands, resulting in an exchange of 2,015,630 units valued at $11,835,081 compared to 1,087,963 units valued at $5,258,148 on Wednesday.
Lasco Distributors accounted for 60 percent of the volume traded as the Junior Market Index advanced by 22.19 points to close at 2,985.55. At the close of market activities, the prices of 7 securities advanced, 5 declined and 4 remained with the prices unchanged.
Trading ended with an average of 125,977 units for an average of $739,693 in contrast to 67,998 units for an average of $328,634 on Wednesday. The average volume and value for the month to date amounts to 79,378 units, valued at $354,819 and an average of 76,123 with an average value of $327,928, previously. In contrast, September closed with average of 116,176 units valued at $538,652 for each security traded.
Trading ended with the market sentiments looking mixed for Tuesday trading activity as 4 stocks ended with bids higher than their last selling prices and just 1 with a lower offer.
In market activity, Access Financial settled with a loss of 1 cent at $41.20, with 734 units trading, AMG Packaging lost 9 cents to close at $3.40, with 143,540 stock units, Caribbean Cream ended trading at $5.90, with 5,816 stock units changing hands. Caribbean Producers declined 9 cents end trading at $3.65, with 27,114 units, Consolidated Bakeries jumped 76 cents to $2.81, with 1,220 stock units, Derrimon Trading ended at $7, with 1,000 stock units, Express Catering climbed 66 cents higher to $5.10, with 73,142 shares, after the company reported that profit more than doubled in the quarter to August from a 10 percent rise in revenues. Honey Bun traded 10 cents higher at $4.40, with 1,000 units, Iron Rock closed 25 cents higher at $3.15, with 61,538 shares, ISP Finance settled at $18, with 2,983 units, Knutsford Express closed 1 cent higher at $15, with 66,270 units, Lasco Distributors settled with a loss of 5 cents at $6.25, with 1,214,790 stock units changing hands. Lasco Financial concluded trading at $4.20, with 155,534 shares, Lasco Manufacturing settled with a loss of 20 cents at $4, with 14,700 units, Main Event traded 21 cents higher at $5.36, with 9,621 units and Stationery and Office ended trading 17 cents higher at $5, with 236,628 units.
Prices of securities trading for the day are those at which the last trade took place.

 

Record close for Jamaican stocks on TTSE

Trading on the Trinidad & Tobago Stock Exchange recommenced on Thursday, after a public holiday on Wednesday, with 12 securities changing hands compared to 11 on Tuesday.
The Jamaican based JMMB Group and NCB Financial Group moved to new 52-week highs of $1.70 and $5.31 respectively while Republic Financial Holdings led with 60 percent of the value of securities traded.
At the close, 5 stocks advanced, 2 declined and 5 were unchanged as 162,830 shares traded at a value of $1,808,056 compared to Tuesday’s trades of 452,687 valued at $3,307,105.
The Composite Index advanced 2.01 points to 1,248.64, the All T&T Index gained 0.18 points to 1,770.68 and the Cross Listed Index added 0.53 points to close at 97.71.
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| Agostini’s ended with a gain of 1 cent and closed at $20.53 in exchanging 3,640 shares, JMMB Group traded 10 cents higher to a 52 weeks’ high of $1.70, with 106,000 shares trading, NCB Financial Group closed at a 52 weeks’ high of $5.31, rising 1 cent with 26,926 shares. Republic Financial Holdings gained 3 cents to settle at $101.79 with 10,572 shares valued at $1,076,113 and Scotiabank climbed 3 cents to $58.05 with 525 units changing hands.
Losses| The securities declining in trading are, Massy Holdings closing at $50.47, after falling by 3 cents in trading 411 units and Trinidad & Tobago NGL ended with a loss of 1 cent, at $23.01 with 1,930 units.
Firm Trades| Securities traded unchanged at the close, are Angostura Holdings closing at $15 with 1,000 units, Ansa McAL trading 740 units at $63.01, First Citizens ending at $31.76 with 3,000 shares, Grace Kennedy exchanging 3,391 shares at $2.90 and Guardian Holdings holding firm at $15.26 with 4,695 shares traded.

Another record close for Jamaican stocks

Rose Hall hotel a  Sagicor Real Estate Fund, property. The stock closed at a new high on Wednesday.

The Main Market of the Jamaica Stock Exchange finished at another new record close of 304,331.28 for the all Jamaica Composite Index on Wednesday. The main and US dollar markets closed with 27 securities changing hands, of which 12 advanced and 5 declined.
In the main activity, Barita Investments closed at $8, with 720 units changing hands, Berger Paints settled 10 cents higher at $11.60, with 72,142 shares, Caribbean Cement finished at $27.50, with 700 units, Carreras settled with a loss of 40 cents at $11.50, with 456,367 stock units, Ciboney Group ended with a loss of 1 cent at $0.18, with 9,835 shares traded. Grace Kennedy ended 50 cents higher at $42.50, with 7,396 units, Jamaica Broilers closed trading 50 cents higher at $18.50, with 18,060 stock units, Jamaica Producers gained 40 cents to end at $16, with 13,000 shares traded, Jamaica Stock Exchange ended trading with a loss of 5 cents at $7.20, with 4,000 units, JMMB Group finished trading at $27, with 180,823 units. Mayberry Investments finished trading 11 cents higher at $4.21, with 200 stock units, 1834 Investments concluded trading 10 cents higher at $1.35, with 3,110 units, PanJam Investment finished 60 cents higher at $38.60, with 485 shares, Portland JSX settled 25 cents higher at $9, with 4,760 units, Radio Jamaica ended trading at $1.15, with 688,353 stock units changing hands. Sagicor Group closed with a loss of $1.50 at $38.50, with 385,734 shares, Sagicor Real Estate Fund closed 75 cents higher at a 52 weeks’ closing high of $14, with 35,500 units, Scotia Group settled $1 higher at $53, trading 35,890 shares, Seprod exchanged 24,500 stock units at $30 nd Supreme Ventures ended trading at $12, with 33,492 stock units. In the main market preference segment, JMMB Group finished trading at $1.15, with 262,000 stock units, Sagicor Bank A preference share traded 1,350 units at $1.05 and the B share saw 9,000 units trading at $1.
In the US dollar market segment, JMMB Group 6% preference share finished at $1.10, with 10,000 shares Productivity Business traded 550 shares at 60 US cents, Proven Investments closed with 483,576 units trading at 23.5 US cents and Sterling Investments traded just 100 shares at a 52 weeks’ high of 12 US cents after rising 1 cent.
Prices of securities trading for the day are those at which the last trade took place.

Juniors enjoying more recovery

Trading on the Junior Market of the Jamaica Stock Exchange closed trading on Wednesday with 16 securities changing hands, resulting in an exchange of 1,087,963 units valued at $5,258,148, which is much improved compared to 462,606 units valued at $2,337,749 on Tuesday.
The Junior Market Index advanced by 9.11 points to close at 2,963.36. At the close of market, the prices of 6 securities advanced, 6 declined and 4 remained unchanged.
Trading ended with an average of 67,998 units for an average of $328,634 in contrast to 30,840 units for an average of $155,850 on Tuesday. The average volume and value for the month to date amounts to 76,123 units valued at $327,928, previously 71,470 units valued at an average of $327,875. In contrast, September closed with average of 116,176 units valued at $538,652 for each security traded.
Trading ended with the market sentiments looking mixed for Thursday trading activity as 3 stocks ended with bids higher than their last selling prices and 2 with lower offers.
At the close of the market, Access Financial ended trading with a loss of 78 cents at $41.21, with 815 shares, Caribbean Cream finished trading at $5.90, with 10,000 stock units, Caribbean Producers ended trading 14 cents higher at $3.74, with 31,700 units changing hands, Express Catering closed with a loss of 25 cents at $4.44, with 103,623 stock units. General Accident ended at $3, with 705 units, Honey Bun settled 30 cents higher at $4.30, after trading 4,000 shares, Jamaican Teas settled at $4.10, with 122,528 units, Knutsford Express finished trading with a loss of 1 cent at $14.99, with 5,060 shares, Lasco Distributors ended trading at $6.30, with 11,761 shares, Lasco Financial finished with a loss of 5 cents at $4.20, with 19,763 shares, Lasco Manufacturing ended trading with a rise of 35 cents to $4.20, with 3,316 shares, Main Event closed with a loss of 15 cents at $5.15, with 6,653 stock units, Medical Disposables traded 14 cents higher at $4.74, with 1,071 units, Stationery and Office ended 3 cents higher at $4.83, after 692,137 shares changed hands, while tTech traded 5 cents higher at $7.05, with 14,031 units and in the junior market preference segment, Eppley concluded trading with a loss of 55 cents at $6, with 60,800 stock units.
Prices of securities trading for the day are those at which the last trade took place.