The Trinidad & Tobago Stock Exchange continue to slip on Thursday as 15 securities changed hands compared to 17 on Wednesday with all market indices falling.
At the close, 3 stocks advanced, 5 declined and 7 were unchanged at the last traded prices as 381,687 shares traded at a value of $1,583,237 compared to Wednesday’s trades of 142,022 valued at $2,320,841.
The Composite Index declined by 3.01 points to 1,239.55, the All T&T Index dropped 3.80 points to 1,784.05 and the Cross Listed Index was down 0.30 points to close at 93.35.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 3 with lower offers.
Gains| The last traded prices of the securities rising and the volume changing hands are Agostini’s that gained 1 cent and closing at a 52 weeks’ high of $20.53 with a mere 29 units, First Caribbean International Bank closed at $8.02 with a 1 cent gain in exchanging 200 units and Scotiabank with gains of 3 cents, closed at $58.03 with 2,925 shares.
Losses| The last traded prices of securities declining and the volume changing hands are Ansa McAL ending with a loss of 20 cents, to $65.59 with 251 units, First Citizens closed at $32, after losing 1 cent and exchanging just 19 units, Guardian Holdings traded 50 cents lower to $15 with 10,000 shares. 
NCB Financial Group lost 5 cents, closing at $5.10 with 4,518 shares and Trinidad Cement closed at $4.20, with a loss of 1 cent trading 225 units.
Firm Trades| The last traded prices of securities and the volume traded unchanged at the close of trading are Grace Kennedy in exchanging 21,000 shares at $2.85, Massy Holdings closing at $49 with 7,536 shares valued at $369,182, National Flour Mills trading 318,544 shares at $2 valued at $637,088. Prestige Holdings closed at $10.80 with only 9 units, Sagicor Financial held firm at $8 with 1,097 units, Scotia Investments remained at $2.25 with trades of 10,000 shares and Trinidad & Tobago NGL exchanged 5,334 shares at $23.
5 TTSE stocks fall 3 rise
JSE rise on modest trading – Wednesday
Carreras jumped to a record close of $12.
In modest trading on the Jamaica Stock Exchange on Wednesday, the prices of 10 stocks rose and 5 fell in the main and US dollar markets, leading to gains in the main market indices, the third consecutive day of increase.
Cigarette distributor, Carreras fresh from a 10 for 1 stock split, traded at a new 52 weeks’ high of $12 at the close while JMMB Group hit an intraday 52 weeks’ high of $23.70 before pulling back to $22 by the close as supply to sell is very limited and should pave the way for upward push in the price in the days or weeks ahead.
At the close of market activity, Berger Paints closed at $11, the last price the stock traded at, after hitting a high of $12.20 and ending with 129,140 shares changing hands. Cable and Wireless gained 5 cents to close at $1.10 with 111,500 units, Carreras closed at a record $12, after gaining 50 cents with 1,134,465 shares, Grace Kennedy advanced $1, settling at $43.01 with 4,332 units. Jamaica Broilers lost 29 cents and closed at $15.75, with 12,130 shares, Jamaica Producers lost 1 cent, closing at $15 in exchanging 18,700 stock units, Jamaica Stock Exchange rose 10 cents to $6.45 with 1,000 units, JMMB Group closed at $22, after gaining $1 and trading 20,959 shares. 
Kingston Wharves dropped $2.50 to close at $29.50 with 1,000 units having been exchanged, NCB Financial Group traded 99 cents lower to $88.99 with 34,831 shares. PanJam Investment remained at $35.50 with trades of 2,100 units, Pulse Investments closed at $1.42, gaining 2 cents with 183,000 shares, Radio Jamaica with gains of 6 cents, closed at $1.11, in trading 11,000 stock units, Sagicor Group added 2 cents, ending at $34.52 with 8,333 units changing hands, Salada Foods traded 88,783 shares at $8, Scotia Group closed at $51, exchanging 16,194 units, Seprod added $1 to close at $34 with 1,500 shares, Supreme Ventures closed 15 cents lower to $10.85 in exchanging 3,703 units. Productive Business Solution US ordinary shares closed at 65 US cents, trading 540 units, Proven Investments US ordinary shares traded 397 units at 23.99 US cents, JMMB Group 7.5% preference share closed at $1.19, gaining 4 cents with 26,540 stock units and Proven 8.25% cumulative preference share closed at $5.50 with 17,500 units.
Recovery continues on JSE – Wednesday
JMMB Group traded at an intraday 52 weeks’ high of $23.70.
Activity on the Jamaica Stock Exchange was tepid on Wednesday, with only $21 million of trade taking place. At the close of trading, 20 securities changed hands in the main market with 2 trading in the US dollar market.
Trading closed with the prices of 10 stocks advancing and 5 declining in the main and US dollar markets leading to the third consecutive days of increase after the main market plunged sharply on Friday. Carreras fresh from a 10 for 1 stock split, traded at a new 52 weeks’ high of $12 at the close, while JMMB Group hit an intraday 52 weeks’ high of $23.70, before pulling back to $22 by the close, as supply to sell is very limited and should pave the way for an upward push in the price, in the days or weeks ahead.
The All Jamaica Composite Index advanced 510.79 points to close at 289,132.17, to sit just below resistance at 290,000 points. The JSE Market Index gained 465.38 points to 263,432.11 and the JSE US dollar market index closed unchanged at 191.75.
The main market ended with 1,826,710 units valued at $21,069,859 changing hands compared to 5,755,768 units valued at $88,334,159 at the close on Tuesday. Trading in the US dollar market accounted for 937 units valued at US$446 bringing the total of all trades to only J$21,128,316.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading is slightly biased to the upside, suggesting that rising prices should have the upper hand over declining ones on Thursday, with 9 stocks with bids higher than their last selling prices and 1 with a lower offer.
The main market ended trading with an average of 91,336 units for an average of $1,053,493 in contrast to 230,231 units for an average of $3,533,366. The average volume and value for the month to date ended at $324,839 units with an average value of $3,144,679 compared with an average of 342,801 units with an average value of $3,294,050 on the previous trading day. The average volume and value for August ended at 184,094 units with an average value of $4,336,090.
TTSE stocks continue to be weak
Unilever products – Unilever Caribbean tumbled $1.11 to a 52 weeks’ low of $49.39 with 5,070 shares
Reflecting a general weakness in the performance of stocks listed on the Trinidad & Tobago Stock Exchange ,the market closed trading on Wednesday with more securities falling in price than those rising and with three falling to 52 weeks’ lows.
Trading ended with 17 securities changing hands compared to 13 on Tuesday but trading levels fell by more than half with market activity resulted in 142,022 shares traded for $2,320,841 compared to Tuesday’s trades of 367,871 units valued at $5,030,961.
The two major indices recorded declines for a 4 consecutive day as, 5 stocks advanced, 7 declined and 5 were unchanged, based on the last price each security traded for the day. The Composite Index declined 0.85 points to 1,242.56, the All T&T Index dropped 2.46 points to 1,787.85 and the Cross Listed Index added 0.11 points to close at 93.65.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 6 stocks with bids higher than last selling prices and 4 with lower offers.
Gains| The last traded prices of the securities rising and the volume changing hands are Angostura Holdings with gains of 10 cents, closed at $15.25 with 600 units, First Citizens rising 1 cent, to $32.01 with 1,000 units,NCB Financial that traded 4 cents higher to $5.15 with 266 units while Trinidad & Tobago NGL rose 2 cents and closed at $23 with 7,037 shares and Trinidad Cement closed at $4.21, after adding 1 cent with 6,131 shares.
Losses| The last traded prices of securities declining and the volume changing hands are Guardian Holdings that ended with a loss of 50 cents, closing at $15.50 with 2,281 shares, 
National Enterprises closed at $10.47, losing 1 cent in exchanging 10,000 shares, Republic Financial Holdings ended with a loss of 1 cent at a 52 weeks’ low of $101.90 trading 3,633 shares valued at $370,227. Sagicor Financial declined 19 cents to close at $8 with 61,940 shares valued at $495,610, Scotiabank lost 2 cents, closing at $58 with 34 units, Unilever Caribbean tumbled $1.11 to a 52 weeks’ low of $49.39 with 5,070 shares and West Indian Tobacco closed 46 cents lower to a 52 weeks’ low of $125 with 62 units.
Firm Trades| The last traded prices of securities and the volume traded unchanged at the close of trading are Clico Investment exchanged 4,400 shares at $20.77, Massy Holdings closed at $49 with 10,780 shares valued at $528,220 and National Flour Mills traded 16,460 shares at $2. One Caribbean Media exchanged 11,980 shares at $14.25 nd Point Lisas remained at $4 with 348 units.
Junior Market drops 2%
Trading ended on the Junior Market of the Jamaica Stock Exchange Wednesday with 19 securities changing hands, resulting in an exchange of 852,002 units valued at $3,622,384 compared to 2,266,563 units valued at $14,319,936 on Tuesday.
The Junior Market Index declined by whopping 61.17 points to close at 3,000.77. At the close of market activities, the prices of 2 advanced, 11 declined and 6 remained with the prices unchanged, all being based on the last prices at which securities were traded.
Trading ended with an average of 44,842 units for an average of $190,652 in contrast to 98,546 units for an average of $622,606 on Tuesday. The average volume and value for the month to date amounts to 144,864 units valued at $646,228 and 152,558 units at an average value of $681,272, previously. In contrast, August closed with average of 234,437 units valued at $1,295,260 for each security traded.
Trading ended with the market sentiments looking negative and having implications for the upcoming trading day’s activity as 2 stocks ended with bids higher than their last selling prices and 5 with lower offers.
At the close of the market the volume of stocks changing hands and their last traded price are: Access Financial concluding dropping $6.50 to $40, with 500 shares, AMG Packaging finishing 15 cents higher at $3.15, with 10,500 units. Cargo Handlers finished with a loss of 10 cents at $11.10, with 8,973 stock units, Caribbean Cream concluded trading with a loss of 40 cents at $5.90, with 3,993 shares changing hands, Caribbean Producers settled with a loss of 10 cents at $3.80, with 91,286 units, Consolidated Bakeries settled at $2.40, with 3,451 shares, Express Catering finished with a loss of 30 cents at $4.20, with 35,132 units, 
Eppley ended at $12, with 1,000 shares, General Accident closed with a loss of 30 cents at $2.70, with 14,000 units, Honey Bun settled at $4.05, with 2,700 units, Jamaican Teas fell 40 cents to $3.80, with 98,851 stocks trading, Jetcon Corporation concluded trading at $4.50, with 53,199 shares, Lasco Distributors lost 1 cent to close at $6.79, with 22,960 units, Lasco Financial settled with a loss of 4 cents at $3.95, with 302,760 stocks trading, Lasco Manufacturing concluded market activity 5 cents higher at $4.05, with 106,700 shares, Medical Disposables settled with a loss of 20 cents at $4.80, with 33,000 shares, Main Event ended with a loss of 34 cents at $5.28, with 2,348 stock units, Stationery and Office concluded trading at $4.75, with 60,391 shares and tTech settled at $7.55, with just 258 shares.
Berger investors rebuffing Ansa offer
Berger Paints traded at a high as $11.55 on Tuesday.
The main market of the Jamaica Stock Exchange closed trading with 25 securities changed hands, with declining stocks just edging out advancing ones, while 3 stocks traded in the US dollar market.
The market closed with 9 stocks advancing and 11 declining based on the price the trade took place.
Some noted trades include Berger Paints that continues to trade above the price on $10.88 offered by Ansa Coatings to acquire the minority holdings. Investors continue to rebuff the offer by buying the stock at the close at $11 with 153,142 shares changing hands, up to $11.55 and a low of $10.85. The stock closed with a bid to buy 103,462 units at $11 and just 2,935 units offered at $11.70 and few shares offered close to this range.
Some other trades of note are Jamaica Producers 4 million unit trade with the price dropping nearly $1 and a $3.75 jump in the price of Seprod.
At the close of market activity, Barita Investments traded at $8.15, having lost 85 cents with 4,900 units, Cable and Wireless lost 3 cents to close at $1.05 with 18,708 shares, Caribbean Cement traded $2 lower to $28 with only 240 units, Carreras closed at record high of $11.50, gaining 25 cents with 223,703 shares trading, Grace Kennedy fell 99 cents and settled at $42.01 with 11,117 shares. Jamaica Broilers closed at $16.04, losing 86 cents with just 200 units, Jamaica Producers dropped 99 cents to $15.01 exchanging 4,075,641 shares, Jamaica Stock Exchange ended with a loss of 65 cents at $6.35 with 5,000 units, JMMB Group closed at $21 trading 14,000 shares. Kingston Properties closed at $7 with 598,296 shares changing hands, 
Kingston Wharves exchanged 1,500 units at $32, Mayberry Investments gained 20 cents, closing at $4.70 with 11,020 shares, NCB Financial Group traded 98 cents higher to $89.98 with 42,825 shares, 1834 Investments rose 10 cents and closed at $1.40 with 3,480 units. PanJam Investment gained $1.43, closing at $35.50 with 103,000 shares, Pulse Investments closed at $1.40, losing 30 cents with 58,680 shares trading, after the company released audited accounts showing lower profit in 2017 than in 2016, due mainly to the treatment of taxation. Sagicor Group closed with gains of 50 cents at $34.50 trading 8,700 shares, Sagicor Real Estate Fund closed at $11, after gaining 38 cents with 2,747 units, Salada Foods fell 50 cents, trading at $8 with 9,000 shares, Scotia Group closed $1 higher to $51 exchanging 147,026 shares, Seprod advanced $3.75 to $33 with 16,309 shares, Supreme Ventures closed 10 cents lower to $11 exchanging 145,884 shares. Productive Business Solution US ordinary share closed at 65 US cents trading 48,360 units, Proven Investments US ordinary share traded 27,635 units at 24 US cents, JMMB Group US 6% preference share exchanged 8,617 units at US$1.12, Jamaica Money Market Brokers 7.25% preference share closed at $2.50 with 650 units and JMMB Group 7.5% preference share lost 4 cents, closing at $1.15 with 100,000 units.
Junior Market trading rise index down
Trading on the Junior Market of the Jamaica Stock Exchange ended on Tuesday with 23 securities changing hands, resulting in an exchange of 2,266,563 units valued at $14,319,936 compared to only 807,449 units valued at $4,046,825 on Monday.
At the close, the Junior Market Index declined by 7.96 points to close at 3,061.94 even as the prices of 9 advanced, 7 declined and 6 remained unchanged at the last prices all stocks were traded.
Trading ended with an average of 98,546 units for an average of $622,606 in contrast to 50,466 units for an average of $252,927 on Monday. The average volume and value for the month to date amounts to 152,558 units, valued at $681,272 and 157,059 units valued at an average of $686,161, previously. In contrast, August closed with average of 234,437 units valued at $1,295,260 for each security traded.
Trading ended with the market sentiments looking mixed for tomorrow’s trading activity as 4 stocks ended with bids higher than their last selling prices and 3 with lower offers.
At the close of the market the volume of stocks changing hands and their last traded price are: Blue Power traded at $45, with 3,000 stocks changing hands, CAC 2000 ended with a loss of 5 cents at $7.35, with 100 units, Caribbean Cream finished with a loss of 20 cents at $6.30, with 1,400 shares, Cargo Handlers closed 20 cents higher at $11.20, with 3,042 units, Caribbean Producers rose 10 cents to $3.90, with 2,000 stock units. Consolidated Bakeries concluded trading 10 cents higher to $2.40, with 12,549 units, Derrimon Trading closed at $8.90, with 5,000 stocks trading, Express Catering concluded trading 40 cents higher at $4.50, with 48,077 units, General Accident settled at $3, with 13,955 units, 
Honey Bun closed 15 cents higher at $4.05, with 3,005 stocks, Iron Rock traded at $2.80, with 5,019 units. Jamaican Teas finished at $4.20, with 13,087 units, Jetcon Corporation traded 22 cents higher at $4.50, with 110,977 shares, Knutsford Express ended with a loss of 40 cents at $14.50, with 19,271 stocks, Key Insurance finished 25 cents higher at $4, with 10,000 shares. KLE Group rose 2 cents to $2.96, with 70,600 units, Lasco Distributors concluded trading with a rise of 20 cents to $6.80, with 1,700,000 shares, Lasco Financial settled at $3.99, with 7,803 units, Lasco Manufacturing traded with a loss of 20 cents at $4, while trading 59,908 shares. Main Event closed with a loss of 13 cents at $5.62, with 9,404 units, Paramount Trading fell 20 cents to $2.70, with 10,850 stock units, Stationery and Office settled with a loss of 10 cents at $4.75, with 156,871 units and Eppley 9.5 percent preference share settled at $7.25, with 645 stock units.
Trading up prices down on TTSE
The Trinidad & Tobago Stock Exchange on Tuesday closed with 13 securities changing hands compared to 10 on Monday. Trading levels rose above Monday’s levels, with Trinidad & Tobago NGL leading with 58 percent of the value of securities exchanged followed by Scotiabank with 23 percent.
The market closed with 3 stocks advancing, 5 declining and 5 unchanged, at last traded prices. A total of 367,871 shares traded at a value of $5,030,961 compared to Monday’s low trades of 93,727 valued at $1,208,281.
The Composite Index declined 0.21 points to 1,243.41, the All T&T Index fell 0.60 points to 1,790.31 while the Cross Listed Index gained 0.02 points to close at 93.54.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 7 with lower offers.
Gains| The last traded prices of the securities rising and the volume changing hands are Clico Investment rising 2 cents, to $20.77 with 9,918 shares, NCB Financial Group closed at $5.11, after gaining 1 cent and trading 734 units and Prestige Holdings rose 10 cents to $10.80 with 91 units changing hands.
Losses| Securities declining with the volume changing hands are First Caribbean International Bank lost 1 cent, closing at $8.01 with 500 units, Guardian Holdings closed at $16, losing 10 cents exchanging 674 units, L.J. Williams B share with a loss of 1 cent and closed at 78 cents with 15,000 shares. Republic Financial Holdings closed 8 cents lower to $101.92 with 2,500 shares and Trinidad & Tobago NGL slipped 1 cent to $22.98 trading 127,315 shares valued at $2,926,781.
Firm Trades| The volume of securities traded with prices unchanged at the close of are First Citizens exchanging 500 units at $32, JMMB Group closed at $1.30 with 3,752 shares, National Flour Mills traded 2,370 shares at $2. Scotiabank remained at $58.02 exchanging 20,197 shares valued at $1,171,830 and Scotia Investments held firm at $2.25 with 184,320 shares valued at $414,720.
Juniors up in moderate trading – Monday
In Junior Market trading on Monday activity fell sharply, compared to the levels on Friday. At the close of the market, just 16 securities changed hands, resulting in an exchange of only 807,449 units valued at $4,046,825.
On Friday trading resulted in 5,878,774 units valued at $26,350,771 on Friday. At the close of market on Monday, the Junior Market Index advanced by 34.84 points to close at 3,069.90 and the prices of 8 advanced, 4 declined and 4 remained with the prices unchanged.
Trading ended with an average of 50,466 units for an average of $252,927 in contrast to 326,599 units for an average of $1,463,932 on Friday. The average volume and value for the month to date amounts to 157,059 units valued at $686,161 compared to 166,749 units valued at $725,546 previously.
In contrast, August closed with average of 234,437 units valued at $1,295,260 for each security traded.
Trading ended with the market sentiments looking mixed with implications for the upcoming market activity on Tuesday as 4 stocks ended with bids higher than their last selling prices and 2 with lower offers.
At the close of the market the volume of stocks changing hands and their last traded price are: Blue Power that closed 10 cents higher at $45, with 100 units and no stock on offer at the close, Consolidated Bakeries trading 30 cents higher at $2.30, with 72,800 shares. Derrimon Trading settled $1.90 higher at $8.90, with 5,449 units, Dolphin Cove climbed $2.80 to $16, with just 200 stocks trading, 
Eppley settled at $12, with 10,589 units, Express Catering traded with a loss of 40 cents at $4.10, with 80,070 stocks changing hands, General Accident concluded trading at $3, with 7,627 units. Jamaican Teas settled 40 cents higher at $4.20, with 5,000 stocks changing hands, Jetcon Corporation ended trading with a loss of 22 cents at $4.28, with 219,015 units, Knutsford Express closed at $14.90, with 1,729 stocks trading, Lasco Distributors closed with a loss of 1 cent at $6.60, with 212,100 shares. Lasco Financial settled at $3.99, with 53,901 units, Lasco Manufacturing finished with a loss of 1 cent at $4.20, with 23,413 stock units, Main Event traded 5 cents higher at $5.75, with 16,556 shares, Stationery and Office closed 10 cents higher at $4.85, with 98,500 stocks traded and tTech climbed $1.05 higher to $7.55, with 400 shares.
High price movements on Monday
NCBFG jumped $8.94 to $89 on Monday.
On a day of low trading activity 4 securities were dominant by movement in their prices on the main market of the Jamaica Stock Exchange as the market posted sizable gains in the indices.
Carreras rose 45 cents in closing at $11.25 with 205,850 shares after the 10 for 1 stock split, recently approved by shareholders. NCB Financial Group jumped $8.94 to $89 and Scotia Group recovered $4.95 of the loss on Friday to end at $50 and Caribbean Cement climbed $2.50 to $30.
At the close of market activity, Berger Paints slipped 50 cents to close at $11 with 60,411 shares, Cable and Wireless closed at $1.08, losing 2 cents with 146,795 stock units, Caribbean Cement advanced $2.50 to $30 with 2,000 units, Carreras rose 45 cents and closed at record high of $11.25 with 205,850 shares after the stock split, Ciboney Group lost 1 cent, trading 93,564 shares, closing at 16 cents, Grace Kennedy lost 50 cents and ended at $43 with 1,479 units. Jamaica Broilers gained 90 cents, closing at $16.90 with 42,927 shares, Jamaica Producers traded 205 units at $16, Jamaica Stock Exchange with gains of 65 cents, in closing at $7 with 1,370 units, JMMB Group closed at $21 exchanging 154,472 shares after trading as high as $23 in the morning session. Kingston Wharves ended with a loss of 40 cents at $32 with 3,142 units, Mayberry Investments gained 28 cents, in closing at $4.50 with 10,000 shares, NCB Financial Group traded $8.94 higher to $89 while exchanging 163,270 shares, 1834 Investments closed at $1.30 with 2,614,586 shares. 
PanJam Investment fell 43 cents, to close at $34.07 with 6,675 units, Pulse Investments closed at $1.70, losing 10 cents with 129,552 shares, Sagicor Group traded 29,148 stock units at $34, Sagicor Real Estate X Fund rose 2 cents, and closed at $10.62 with 3,000 units, Scotia Group closed $4.95 higher to $50 while exchanging 49,759 shares, Scotia Investments slipped 30 cents to $37 with 24,700 shares, Seprod exchanged 12,869 shares at $29.25 and Supreme Ventures closed 39 cents lower at $11.10 with 150,730 units. Productive Business Solution US ordinary shares closed at 65 US cents after gaining 5 cents trading 2,000 units, JMMB Group US 6% preference share traded 4,380 units at US$1.12, Jamaica Money Market Brokers 7.25% preference share closed at $2.50 with 13,600 units, Jamaica Money Market Brokers 7.5% preference share exchanged 645,775 units at $2 and Proven 8.25% cumulative redeemable preference share closed at $5.50 with 1,200 units.