JSE backs off from record

Trading on the Main Market of the Jamaica Stock Exchange finished on Tuesday with the JSE All Jamaican Composite Index pulling back from Monday’s record close to fall by 659.53 points to 298,431.63 while the JSE Index fell 600.91 points to end at 271,904.96.
At the close of trading in the main market, 24 securities changing hands, 6 advanced, 11 declined and 7 traded firm with 5,506,552 units valued at $185,232,323 changing hands, compared to 310,999,356 units valued at $2,974,897,171 on Monday.
In the US dollar market trading accounted for the Equities Index declined 2.47 percent by 4.62 points to close at 182.53 as one security traded with a loss.
Trading ended with an average of 229,440 units for an average of $7,718,013 in contrast to 13,521,711 units for an average of $129,343,355 on Monday. The average volume and value for the month to date amounts to 2,622,376 units valued at $36,983,349 and previously 3,041,577 units with a value of $42,110,123. 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 5 stocks with bids higher than their last selling prices and 2 with lower offers.

Junior Market trading doubles Monday’s

Trading on the Junior Market closed on Tuesday with 22 securities changing hands, resulting in a more than doubling of trading levels over Monday with an exchange of 2,217,305 units valued at $9,814,861 compared to 904,019 units valued at $4,463,382 on Monday.
The Junior Market Index declined by 3.62 points to close at 2,902.38 as market activity resulted in the prices of 5 securities advancing, 6 declining and 9 remaining unchanged.
Trading ended with an average of 100,787 units for an average of $446,130 in contrast to 43,049 units for an average of $212,542 on Monday. The average volume and value for the month to date amounts to 78,790 units valued at $343,165, previously 74,618 units valued at an average of $323,637. 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 Wednesday, as 4 stocks ended with bids higher than their last selling prices and 2 with lower offers.
In market activity, volumes are those traded for the day and the closing prices are those at which the last trade took place. Trading ended with Access Financial plunged $4 to close at $38, with a mere 100 stock units changing hands, AMG Packaging closed 5 cents higher at $3.35, with 50,395 shares, Caribbean Cream rose by 10 cents to $6.10, with 170,000 units, Caribbean Producers ended 4 cents higher at $3.74, with 15,240 shares traded, Consolidated Bakeries settled at $2.02, with 26,000 units. Dolphin Cove closed at $17.50, with 7,438 stock units, Eppley concluded trading at $12, with 1,500 shares changing hands, Express Catering traded 10 cents higher at $4.50, with 192,607 shares, General Accident fell 3 cents at to $2.70, with 837,115 stock units traded, Honey Bun traded with a loss of 1 cent at $4.09, with 3,420 stock units. Iron Rock traded at $2.80, with 6,245 units, Jamaican Teas settled at $4.10, with 23,280 stock units, Jetcon Corporation closed with a loss of 50 cents at $4.50, with 13,419 stock units, Knutsford Express concluded trading at $14.89, with 4,188 stock shares. Lasco Distributors traded 619,619 units at $6, Lasco Financial settled at $4.25, with 52,621 shares, Lasco Manufacturing ended 25 cents higher at $3.75, trading 3,100 stock units, Main Event finished with a loss of 3 cents at $5.15, exchanging 61,685 shares, Medical Disposables lost 15 cents at $5.15, trading 1,899 shares and Stationery and Office closed at $4.70, trading 81,373 stock units. In the junior market preference segment, Eppley settled with a loss of 5 cents at $6.50, with 45,961 units changing hands.

Angostura grabs 51% TTSE value traded

Angostura Holdings was the most valued trade on the TTSE on Tuesday.

Trading on the Trinidad & Tobago Stock Exchange closed on Tuesday with 10 securities changing hands compared to 15 on Monday but with an increase level of trading of 424,600 shares carrying a value of $2,945,941 compared to Monday’s 285,854 units valued at $1,798,521.
At the close of market activities, 1 stock advancing, 1 declining and 8 holding firm as Angostura Holdings accounted for 51 percent of the value of securities traded and National Flour Mills accounted for 75 percent of the volume.
Price movements led to moderate changes to the indices, with the Composite Index slipping just 0.10 points to 1,242.06, the All T&T Index inched 0.19 points higher to 1,773.28 and the Cross Listed Index eased 0.05 points to close at 95.54.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 1 stock with bid higher than last selling prices and 8 with lower offers.
Gains| Scotiabank , rose 1 cent in trading 7,253 shares valued at $420,677 to close at $58.01.
Losses| First Caribbean International Bank fell 2 cents in closing at $8.13, exchanging 439 units.
Firm Trades| The last traded prices of securities and the volume traded unchanged at the close of trading are, Angostura Holdings remaining at $15 with 99,715 shares changing hands, valued at $1,495,725, Ansa McAL trading 3,992 shares at $63, First Citizens closing at $31.75 with 1,558 units.Grace Kennedy exchanged 1,000 units at $2.90, National Flour Millsclosed at $2 trading 301,400 shares valued at $602,800, Readymix closed with 4,713 shares at $11, Sagicor Financial ended at $8.14 with trades of 2,500 shares and Trinidad & Tobago NGLholding firm at $23.01 as 2,000 shares were traded.

Junior Market drops again

The Junior Market Index after falling 14.30 on Friday, declined further on Monday by 26.18 points to close at 2,906.00 as trading ended with 21 securities changing hands of which 6 advanced, 5 declined and 10 remained with prices unchanged.
Market activity resulted in an exchange of 904,019 units valued at $4,463,382 compared to 1,976,686 units valued at $6,469,834 on Friday.
Trading ended with an average of 43,049 units for an average of $212,542, in contrast to 89,849 units for an average of $294,083 on Friday. The average volume and value for the month to date amounts to 74,618 units valued at $323,637 and 81,597 units valued at $348,195, 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’s trading activity as 4 stocks ended with bids higher than their last selling prices and 4 with lower offers.
In market activity, volumes are those traded for the day and the closing prices are those at which the last trade took place. At the close, AMG Packaging finished with a loss of 10 cents at $3.30, trading 604 units, Cargo Handlers ended at $9.50, trading 101,214 stock units, Caribbean Producers closed at $3.70, with 55,335 units, C2W Music closed at $0.49, exchanging 4,882 shares, Derrimon Trading gained 1 cent to end at $8, with 6,050 units, Dolphin Cove finished at $17.50, trading 4,162 shares. Eppley ended at $12, with 4,429 units changing hands, Express Catering settled at $4.40, with 63,989 units, General Accident concluded trading at $2.73, with 10,857 stock units, Honey Bun lost 20 cents at $4.10, with 3,000 shares, Jamaican Teas ended 5 cents higher at $4.10, with 50,135 shares. Jetcon Corporation concluded trading 1 cent higher at $5, with 70,000 stock units, KLE Group traded with a loss of 22 cents at $2.28, after 14,000 stock units traded, Knutsford Express settled at $14.89, with 1,120 shares, Lasco Distributors ended with a loss of 29 cents at $6, with 78,848 units, Lasco Financial gained 5 cents to end at $4.25, with 97,639 shares, Lasco Manufacturing concluded trading 201,526 units at $3.50. Main Event ended 8 cents higher at $5.18, with 35,041 units, Medical Disposables settled at $5.30, with 15,000 stock units, Paramount Trading rose 1 cent to $2.80, with 29,294 units and Stationery and Office finished with a loss of 8 cents at $4.70, with 56,894 shares traded.

JSE closes 1,000 points shy of 300,000

The market made another run at the 300,000 mark on the All Jamaican Composite Index on Monday, but fell just under 1,000 points shy, with the index ending at 299,091.16 points as the investors continued their bullish attack on a limited set of stocks.
The Main Market of the Jamaica Stock Exchange ended with 23 securities changing hands, 9 advanced, 12 declined and 2 traded firm with 310,999,356 units valued at $2,974,897,171 as Supreme Ventures accounted for 307 million units. One stock traded in the US market resulting in the price rising on small volume.
In market activity, volumes are those trades for the day and the closing prices are those at which the last trade took place. In the main activity, Barita Investments concluded trading 24 cents higher at $8, with 10,673 units changing hands, Cable & Wireless rose 2 cents to $1.02, with 126,398 shares, Caribbean Cement ended at $28, with just 144 units, Carreras ended trading with a loss of 2 cents at $13.48, with 252,898 stock units changing hands, Grace Kennedy finished with a loss of 40 cents at $43, in trading 38,318 units. Jamaica Broilers settled with a loss of 50 cents at $18, while exchanging 8,266 stock units, Jamaica Producers concluded trading with a loss of 80 cents at $15.20, with 6,459 shares, Jamaica Stock Exchange finished 10 cents higher at $7.70, with 27,315 units, JMMB Group traded 89 cents higher at $26, with 36,897 stock units, Kingston Properties settled with a loss of 5 cents at $7.15, with 2,000 units, Kingston Wharves finished 75 cents higher at $30.75, with 20,539 shares. Mayberry Investments exchanged 9,218 stock units at $4.50, property company, 138 Student Living finished 1 cent higher at $5.41, with 2,700 shares, PanJam Investment shed $1 to end at $43, with 11,244 stock units, Pulse Investments traded with a loss of 2 cents at $1.80, trading 69,750 shares, Radio Jamaica settled with a loss of 9 cents at $1.11, with 87,688 units. Sagicor Group jumped $4.99 to a record $39.99, with 52,394 shares, Sagicor Real Estate Fund closed with a loss of 8 cents at $13, after trading 3,100,000 units, Scotia Group fell 96 cents to $50, with 91,270 stock units, Seprod settled with a loss of $1.50 at $28.50, with 8,160 shares and Supreme Ventures finished with a loss of 60 cents at $9.50, with 306,999,685 stock units changing hands. In the main market preference segment, JMMB Group closed at $1.15, with 600 units and in the US dollar market Productive Business Solution rose 0.25 US cents in trading 2,300 units to close at 60 US cents.

Ansa McAL tumbles $2.80

Ansa McAL the parent company of Ansa Coating that is currently involved with attempt to buy out all the minority shares in Berger Paints Jamaica, tumbled $2.80 in trading on the Trinidad & Tobago Stock Exchange on Monday.
At the close of the market 15 securities changed hands compared to 12 on Friday with the prices of 4 advancing, 5 falling and 6 closed with prices unchanged, with one trading at a 52 weeks’ high. A total of 285,854 shares traded at a value of $1,798,521 compared to Friday’s trades of 751,888 units valued at $8,886,453.
The Composite Index dropped 4.05 points to 1,242.16, the All T&T Index declined by 9.27 points to 1,773.09 and the Cross Listed Index added 0.17 points to close at 95.59.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 8 with lower offers.
Gains| The last traded price of the securities rising and the volume changing hands are First Caribbean International Bank closing at $8.15, with gains of 5 cents, exchanging 7,040 shares, JMMB Group gained 3 cents to close at a 52 weeks’ high of $1.40 with 9,480 shares trading, Massy Holdings advanced 49 cents to $50.49 with a mere 2 units changing hands and Unilever Caribbean with a 1 cent gain, settled at $46.02 with 112 units.
Losses| The last traded price of the securities declining and the volume changing hands are Ansa McAL tumbling $2.80 to $63 with just 100 units trading, First Citizens with a loss of 24 cents to $31.75 with 11,149 shares valued at $353,982. Republic Financial Holdings traded 4 cents lower, to $101.85 with 5,000 shares valued at $509,250, Sagicor Financial ended at $8.14, losing 1 cent in trading 2,130 shares and Scotiabank was down 2 cents to close at $58 with 695 units changing hands.
Firm Trades| The last traded prices of securities and the volume traded unchanged at the close of trading are, Angostura Holdings exchanged 15,856 shares at $15, Clico Investment traded 150 units at $21.50, Ansa Merchant Bank closed at $40 with 550 units. National Flour Millsclosed at $2 exchanging 226,000 shares valued at $452,000, Trinidad Cement remained at $4.21 with 5,000 shares and Trinidad & Tobago NGLsettled at $23.01 trading 2,590 shares.

Trading up index drops for Juniors – Friday

KLE Group traded more than 1.5 million shares on Friday.

Trading on the Junior Market continue to seesaw, with market Index declining 14.30 points to close at 2,932.18 on Friday with 22 securities changing hands, compared to just 13 previously.
The market closed with the prices of 9 securities advancing, 7 declining and 5 remaining unchanged. Trading increased sharply compared with 1,976,686 units valued at $6,469,834 changing hands, boosted by investors exchanging 1.5 million units of KLE Group, compared to only 208,547 units valued at $1,048,705 on Thursday.
Trading on Friday ended with an average of 89,849 units for an average of $294,083 in contrast to 16,042 units for an average of $80,670 on Thursday. The average volume and value for the month to date amounts to 81,597 units valued at an average of $348,195 and previously, 79,110 units valued at an average of $364,503. In contrast, September closed with an average of 234,437 units valued at $1,295,260 for each security traded.
Trading ended with the market sentiments looking mixed for Monday’s trading activity as 3 stocks ended with bids higher than their last selling prices and 2 with lower offers.
The volume quoted for securities are quantities traded and the prices are the last traded price for the day. At the close of the market, AMG Packaging closed at $3.40, with 2,845 units, Caribbean Cream ended at $6, with 4,629 stock units, Caribbean Producers gained 5 cents to end at $3.70, with 23,508 shares, Consolidated Bakeries finished 2 cents higher at $2.02, with 13,500 units, Dolphin Cove closed at $17.50, with 256 stock units changing hands, Eppley closed at $12, with 6,781 shares, Express Catering settled with a loss of 10 cents at $4.40, with 17,066 shares. General Accident ended trading 23 cents higher at $2.73, with 26,141 units, Honey Bun closed with a loss of 20 cents at $4.30, with 7,722 units, Jamaican Teas concluded trading 27 cents higher at $4.05, with 3,500 stock units, Jetcon Corporation climbed 49 cents higher to $4.99, with 44,828 units, KLE Group closed with a loss of 30 cents at $2.50, with 1,530,000 stock units. Knutsford Express closed 14 cents higher at $14.89, with 42,595 units, Lasco Distributors rose 19 cents to end at $6.29, with 179,165 shares, but only after the price hit a 52 weeks’ low of $5.90 during trading. Lasco Financial ended trading 2 cents higher at $4.20, with 22,180 units, Lasco Manufacturing dropped 48 cents to $3.50, with 37,699 stock units. Main Event settled 9 cents higher at $5.10, exchanging 1,700 units, Medical Disposables ended trading at $5.30, with 3,095 stock units, after falling by 70 cents, Paramount Trading ended with a loss of 1 cent at $2.79, with 8,000 shares, Stationery and Office traded with a loss of 7 cents at $4.78, with a mere 300 stock units, Sweet River finished at $3.86, trading just 503 units and in the junior market preference segment, Eppley 9.5% finished 25 cents higher at $7.25, with 673 shares.

Higher & Higher the market grows

Scotia ended at $50.96 on Friday.

Main Market activity of the Jamaica Stock Exchange on Friday saw the market indices climbing 2,955.43 points in the first 2 minutes of trading as JMMB Group climbed to a new high of $27.99 but fell back later to close just above Thursday last trade and Scotia Group landed at $50.96.
The market was ending for the 5 consecutive day at a new record close with the JSE All Jamaican Composite Index jumping 2,145.18 points to end at a record close at 297,756.90 and the JSE Index climbing 1,954.50 points to a record close of 271,290.21.
Twenty one (21) securities changed hands, 8 advanced, 5 declined and 5 traded firm as 5,262,809 units valued at $149,711,405 traded,
The volume and prices quoted for securities are amounts traded for the day at the last trading price. In the main activity Cable & Wireless finished at $1, with 119,166 stock units, Caribbean Cement traded $1.99 higher at $28, with 7,936 shares changing hands, Carreras finished $1.50 higher at $13.50, with 409,425 units trading, Grace Kennedy ended trading 40 cents higher at $43.40, with 61,347 stock units, Jamaica Broilers ended with a loss of 49 cents at $18.50, with 17,587 units, Jamaica Producers finished $1 higher at $16, with 3,874 shares, Jamaica Stock Exchange ended at $7.60, trading 6,885 stock units, JMMB Group traded 11 cents higher at record close of $25.11, with 21,622 stock units, but the stock traded earlier in the day as high as $27.99. Kingston Wharves dived $1.50 to $30, with 19,925 units, Mayberry Investments finished with a loss of 49 cents at $4.50, with 6,000 shares trading, 1834 Investments ended 2 cents higher at $1.40, trading 79,098 stock units, PanJam Investment traded at $44, with 7,913 shares, Radio Jamaica finished 5 cents higher at $1.20, with 31,981 units, Sagicor Group traded 47 cents higher at $35, with 2,916,828 stock units traded. Sagicor Real Estate Fund ended at $13.08, with 37,602 stock units, Scotia Group finished with a loss of 2 cents at $50.96, with 449,341 units changing hands, Seprod finished at $30, with 11,924 stock units, Supreme Ventures finished with a loss of 90 cents at $10.10, with 723,521 shares traded and in the main market preference segment, JMMB Group settled at $1.15, with 46,130 stock units and Sagicor Bank A share traded 207,000 units at $1.05.
In the US dollar market, Productive Business traded 75,347 units at 57.5 US cents after shedding 0.50 US cent and Proven Investments traded 254,650 shares 1.99 cents higher to 23.99 cents.

5 days of new record close for JSE

JMMB Group Traded at a new high of $27.99 on Friday.

Main Market indices of the Jamaica Stock Exchange surged to the 5 consecutive day of record close on Friday. The JSE All Jamaican Composite Index jumped 2,145.18 points to end at a record close at 297,756.90 and the JSE Index climbed by 1,954.50 points to a record close of 271,290.21.
Twenty one (21) securities changed hands, in the main market and 3 in the US dollar market leading to 8 advancing, 7 declining and 9 trading firm as 5,262,809 units valued at $149,711,405 traded in the main market, compared to 3,821,978 units valued at $54,648,279 on Thursday. Three securities traded in the US dollar market accounted for 337,947 shares at a value of US$113,164 leading the JSE US Dollar Equities Index down 1.77 points to close at 184.86.
Trading ended with an average of 250,610 units for an average of $7,129,115 in contrast to 181,999 units for an average of $2,602,299 on Thursday. The average volume and value for the month to date amounts to 969,694 units valued at $15,912,359 and 1,141,294 units at an average value of $18,008,361 previously. In contrast, September closed with an average of 283,480 units at $3,630,990 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 very strong 4 stocks with bids higher than their last selling prices, down from 7 on Thursday and 2 with lower offers, the same as on Thursday.
JMMB Group ended at a 52 weeks’ closing high of $25.11 after trading at an intraday high of $28 in early trading on Friday while Sagicor Group had the largest trade of 2,916,828 shares.

Trading picks up on TTSE – Friday

Market activity on the Trinidad & Tobago Stock Exchange on Friday improved with trading levels rising above the previous day’s low. Trading closed with 12 securities changing hands compared to 11 on Thursday.
One Caribbean Media dominated with 63 percent of the value of securities exchanged. There were 3 stocks advancing, 4 declining and 5 remained unchanged as 751,888 shares traded at a value of $8,886,453 compared to Thursday’s trades of 42,162 valued at $861,732. Two securities traded at 52 weeks’ high as two of the Jamaican listed companies moved higher and one security closed at a 52 weeks’ low.
The Composite Index advanced 2.48 points to 1,246.21, the All T&T Index declined by 0.57 points to 1,782.36 and the Cross Listed Index gained 0.76 points to close at 95.42.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 1 stock with bid higher than last selling prices and 7 with lower offers.
Gains| The last traded price of the securities rising and the volume changing hands are JMMB Group closing at a 52 weeks’ high of $1.37, while gaining 2 cents with 10,000 shares, Massy Holdings traded $1.02 higher to $50.01 with 336 units changing hands and NCB Financial Group gained 9 cents to close at a 52 weeks’ high of $5.25 with 82,705 shares valued at $434,201.
Losses| The last traded price of the securities declining and the volume changing hands are Angostura Holdings with a loss of 10 cents, closing at $15 with 373 units, Clico Investment lost 1 cent, in ending at $21.50 with 24,383 shares valued at $524,417, One Caribbean Media traded 14 cents lower, closing at $14.10 with 400,040 shares valued at $5,640,568 and Unilever Caribbean closed at a 52 weeks’ low of $46.01, losing 1 cent trading 451 units.
Firm Trades| The last traded prices of securities and the volume traded unchanged at the close of trading are First Caribbean International closing at $8.10 with 43,344 shares valued at $351,509, Guardian Holdings traded 27,000 shares at $15.25 with a value of $411,750. National Flour Millsexchanged 101,744 shares at $2. Sagicor Financial closed at $8.15 with 10,210 shares changing hands and Trinidad & Tobago NGLexchanged 51,302 shares at $23.01 with a value of $1,180,459.