Trading on the Junior Market of the Jamaica Stock Exchange ended on Wednesday with 20 securities changing hands, but with vastly lower volume and value of units than on Tuesday.
At the close of market activity 814,637 units valued at $3,966,483 traded compared to 2,385,216 units valued at $10,632,095 on Tuesday.
At the close of market activities the Junior Market Index declined by 14.78 points to close at 3,029.69 as the prices of 4 advanced, 9 declined and 7 closed with the prices unchanged.
Trading ended with an average of 40,732 units for an average of $198,324 in contrast to 108,419 units for an average of $483,277 on Tuesday. The average volume and value for the month to date amounts to 155,032 units valued at $669,622 compared to 169,320 units valued at $728,534 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 significantly improved for Thursday’s trading activity as 6 stocks ended with bids higher than their last selling prices and 1 with a lower offer.
At the close of the market the volume of stocks changing hands and their last traded price are: Access Financial trading 2,429 shares at a loss of 50 cents to $46.50, AMG Packaging concluded trading with a loss of 34 cents at $3.14, with 6,000 shares, Caribbean Cream concluded trading 20 cents higher at $6.35, with 17,816 stocks changing hands, Caribbean Producers finished at $3.75, with 25,000 shares, Dolphin Cove lost $3.80 to end at $13.20, with 7,277 stock units, Derrimon Trading finished with a loss of $1.05 at $7, with 4,500 units, Express Catering finished at $4.60, with 27,947 stocks trading, General Accident closed with a loss of 4 cents at $2.80, with 34,950 shares, 
Honey Bun closed at $4.50, with 3,483 units, ISP Finance concluded trading with a loss of 5 cents at $19.95, with 2,916 stock units, Jamaican Teas finished at $4, with 204,059 shares, Jetcon Corporation concluded trading 1 cent higher at $4.39, with 35,309 shares, Key Insurance settled at $4, with 25,621 stocks, Knutsford Express traded at $15, with 5,258 stock units, Lasco Distributors ended with a loss of 1 cent at $6.79, with 700 units, Lasco Financial finished with a loss of 5 cents at $4, with 7,403 stocks changing hands, Lasco Manufacturing settled with a loss of 8 cents at $4, with 36,978 shares, Main Event jumped 94 cents higher to $5.50, with 359,831 stocks after the company reported strong increase in profits for the nine months to July of $101 million versus $60 million in 2016. Paramount Trading finished at $2.90, with 1,770 units and Stationery and Office concluded trading 30 cents higher at $4.80, with 5,390 shares.
JSE market indices tumble – Tuesday
Scotia Group dropped $2 and helped to pull the market index down on Tuesday.
The main market indices of the Jamaica Stock Exchange dropped sharply at the close on Tuesday with limited number of securities trading.
At the close, the All Jamaica Composite Index plunged 4,592.97 points to 287,374.30 and the JSE Market Index tumbled 4,184.72 points to 261,830.51.
The sharp pulled back in the market is triggered by relatively big fall in the prices of Caribbean Cement, JMMB Group, NCB Financial Group, Sagicor Real Estate Fund and Scotia Group.
Tuesday’s fall pulled the market below the critical resistance level for the All Jamaica Composite Index of 290,000 points. In the short term, how the market behave around current levels is likely to depend on the reception of the market to the release of Scotia Group’s nine months results before the week ends.
Trading in the JSE US dollar market index resulted in the index losing 3.45 points to 181.77. At the close of trading, 19 securities changed hands in the main market with 1 trading in the US dollar market, leading to 6 stocks advancing and 8 declining. 
The main market ended with 2,309,285 units valued at $75,635,060 changing hands compared to 4,726,576 units valued at $111,468,464 at the close on Monday. Trading in the US dollar market accounted for 70,247 units valued at US$16,047 bringing the total of all trades to J$77,705,099.
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 4 stocks with bids higher than their last selling prices and just 1 with a lower offer.
The main market ended trading with an average of 121,541 units valued at $3,980,793 for each security traded compared to an average of 181,791 units valued at $4,287,249. The average volume and value for the month to date ended at 177,247 units with an average value of $3,342,808 compared with an average of 185,205 units with an average value of $3,263,060 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.
Drop in finance stocks sink JSE – Tuesday
NCBFG helped pull down JSE on Tuesday.
The JSE pulled back sharply to close 4,592.97 points on the All Jamaica Composite Index below resistance at 290,000 points to end at 287,374.30 as Scotia pulled back further to end at $53 and NCB Financial, joined in the fall with the price dropping from $90 on Monday to $87.55.
Adding to the decline are Caribbean Cement down $2 and Sagicor Real Estate Fund down by $1.05. Stocks rising enjoyed a maximum gain of 50 cents, with most below 10 cents.
At the close of the market the volume of stocks changing hands and their last traded price are: Barita Investments closing at $9 with 13,000 shares, Berger Paints exchanging 68,404 stock units at $11.50, Caribbean Cement ending with a loss of $2, to $28 with 8,820 units. Carreras closed at $108 with 15,885 shares, Ciboney Group gained 2 cents, in closing at 20 cents with 200,000 units, Grace Kennedy rose 50 cents to $42 with 578,893 shares. Jamaica Broilers closed at $17.50, gaining 30 cents with 416,012 stock units, J
amaica Producers traded 15 cents lower to $14.75 with 13,083 units, JMMB Group closed at $21, losing 50 cents in exchanging 532,303 shares. Kingston Properties closed at $7 trading 3,000 units, Kingston Wharves ended with a loss of 30 cents, closed at $30.50 with 24,747 shares while NCB Financial dropped $2.45 to $87.55 with 171,811 shares. Portland JSX rose 5 cents to $9.30 with 2,115 units, Sagicor Group added 5 cents to close at $33.05 with 4,525 units, Sagicor Real Estate Fund closed $1.05 lower to $11 with 4,420 units, Scotia Group dropped to $53, having lost $2 trading 251,107 shares, Supreme Ventures with gains of 10 cents, closed at $10.90 with 960 units. Proven Investments US ordinary share fell 0.99 US cents in exchanging 70,247 units at 23 US cents, Jamaica Money Market Brokers 7.5% preference share closed at $2 with 100 units and 138 Student Living variable preference share traded 100 units at $5.68.
NCB at record close again
NCBFG closed at a record $5.25 on the TTSE on Tuesday.
Trading on the Trinidad & Tobago Stock Exchange on Tuesday resulted in 14 securities changing hands compared to 10 on Monday. NCB Financial Group starred with the price rising to new 52 weeks’ high of $5.25 after rising 10 cents, while exchanging 17,526 shares.
The market closed with 7 stocks advancing, 2 declining and 5 unchanged as 369,044 shares traded at a value of $3,923,575 compared to Monday’s trades of 418,931 valued at $6,332,339.
The Composite Index gained 1.93 points to 1,247.07, the All T&T Index declined 0.15 points to 1,789.41 and the Cross Listed Index added 0.55 points to close at 94.68.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 3 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 Clico Investment that gained 5 cents to close at $20.55 with 5,969 units, First Citizens with a 1 cent gain, closed at $31.69 with 1,994 shares, First Caribbean International Bank closed at $8.02, having gained 2 cents and trading 175,260 stock units valued at $1,405,585. JMMB Group with gains of 2 cents, ended at $1.32 with 4,000 shares. Republic Financial Holdings gained 1 cent to close at $101.91 with 9,809 stocks valued at $999,941 and Trinidad & Tobago NGL closed 24 cents higher to $22.49 with 19,205 shares valued at $430,648.
Losses| The last traded prices of securities declining and the volume changing hands are National Flour Mills lost 1 cent and closed at $2.04 with 1,000 shares and Sagicor Financial ending with a loss of 29 cents at $8.21 trading 141 units.
Firm Trades| The last traded prices of securities and the volume traded unchanged at the close of trading were Angostura Holdings closed at $15.15 with 15,492 shares, Guardian Holdings exchanged 3,826 units at $16.40, Point Lisas traded at $3.90 with 78,556 stock units valued at $306,368 changing hands, Scotiabank closed at $58.02 with 2,077 units and Scotia Investments remained at $2.25 with 34,189 shares.
Junior Market drops on Tuesday
Jetcon was the leading trade on Tuesday with more than 1.1 m units.
Trading on the Junior Market of the Jamaica Stock Exchange closed on Tuesday with 22 securities changing hands, resulting in an exchange of 2,385,216 shares valued at $10,632,095 compared to 2,888,283 units valued at $19,400,654 on Monday.
At the close of market activities, the prices of 7 advanced, 7 declined and 8 remained with the prices unchanged with the market index falling 30.96 points to 3,044.47.
Trading ended with an average of 108,419 units for an average of $483,277 in contrast to 160,460 units for an average of $1,077,814 on Monday. The average volume and value for the month to date amounts to units 169,320 valued at $728,534 and on Monday 178,020 at an average value of $763,571. 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 Monday having implications for the next day trading activity as 2 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: Access Financial traded at $47, with 2,115 shares changing hands, AMG Packaging settled at $3.48, with 25,055 stock units, CAC 2000 settled with a loss of 15 cents at $7.30, with 21,288 shares trading, Caribbean Cream settled with a loss of 20 cents at $6.15, with 1,000 units, Caribbean Producers fell 25 cents to $3.75, with 200,100 stocks traded, Consolidated Bakeries settled at $2, with 5,550 units, Derrimon Trading finished $1.05 higher at $8.05, with 8,245 stock units being swapped. Express Catering traded 20 cents higher at $4.60, with 110,839 stocks, 
Eppley ordinary ended at $12, with 2,994 shares, Honey Bun ended 60 cents higher at $4.50, with 1,540 units, Jamaican Teas finished at $4, with 94,960 stocks being exchanged, Jetcon Corporation concluded trading with a loss of 12 cents to $4.38, with 1,106,601 stocks, Knutsford Express closed at $15, with 10,941 units, Lasco Distributors finished with a loss of 10 cents at $6.80, as 81,632 shares were traded, Lasco Financial settled 30 cents higher at $4.05, with 231,201 stocks, Lasco Manufacturing traded at $4.08, with 14,250 shares, Medical Disposables settled at $5, with 3,012 units. Main Event traded 1 cents higher at $4.56, with 84,565 stock units, Stationery and Office finished with a loss of 30 cents at $4.50, with 372,562 units, tTech finished 60 cents higher at $7.60, with 3,811 shares and Eppley 9.5% preference share finished 5 cents up at $7.25, with 2,855 stock units.
JSE indices rise volumes fall – Monday
Jamaica Stock Exchange climbs on Monday.
The main market of the Jamaica Stock Exchange moved higher at the close on Monday but with declining stocks outnumbering advancing ones by a ratio of nearly 2 to 1 as trading levels ended below that on Friday.
The All Jamaica Composite Index rose 635.17 points to close at 291,967.27 and remaining above resistance at 290,000 points. The JSE Market Index gained 578.71 points to 266,015.23 and the JSE US dollar market index declined 1.17 points to 185.22.
At the close of trading, 26 securities changed hands in the main market with 2 trading in the US dollar market, leading to 5 stocks advancing and 13 declining. The main market ended with 4,726,576 units valued at $111,468,464 changing hands compared to 6,670,620 units valued at $121,164,271 at the close on Friday. Trading in the US dollar market accounted for 16,750 units valued at US$4,313 bringing the total of all trades to J$112,029,216.
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 4 stocks with bids higher than their last selling prices and 3 with lower offers.
The main market ended trading with an average of 181,791 units valued at $4,287,249 for each security traded compared to an average of 247,060 units valued at $4,487,566. The average volume and value for the month to date ended at 185,205 units with an average value of $3,263,060 compared with an average of 185,774 units with an average value of $3,116,747 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.
Scotia drops $5 to $55
Scotia Group drops $5 on the JSE on Monday.
Stocks most fell at the close of trading on main market of the Jamaica Stock Exchange on Monday but with declining stocks outnumbered advancing ones after Scotia Group closed down $5 to $55 ahead of third quarter results this week.
The fall contributed by Scotia Group based on an average traded price of $55.52 was offset by average gains in the prices of JMMB Group and NCB Financial Group.
At the close of the market the volume of stocks changing hands and their last traded price are: Berger Paints that closed 65 cents lower to $11.50 with 49,098 shares, Cable and Wireless ending with a loss of 15 cents at $1.05 with 205,600 units, Caribbean Cement exchanged 2,850 stock units at $30, Carreras closed at $108 with 22,233 stocks trading, Grace Kennedy with a loss of 50 cents, closed at $41.50 with 950 shares. Jamaica Broilers closed at $17.20, trading 30 cents lower with 7,860 units, Jamaica Producers closed at $14.90, losing 10 cents with 2,105 shares, Jamaica Stock Exchange gained 21 cents to close at $6.49 exchanging 800,513 stocks, JMMB Group closed at $21.50 with 24,941 stock units. Kingston Wharves rose 30 cents to $30.80 with 7,420 shares, Mayberry Investments gained 4 cents to $4.50 with 16,200 stock units, NCB Financial Group traded 63,952 shares at $90,1834 Investmentslost 6 cents, closing at $1.34 with 50,496 units. 
PanJam Investment added 35 cents to close at $33.85 with 18,041 shares, Pulse Investments fell 3 cents to close at $1.82 with 7,245 units, Radio Jamaica closed at $1.20 after losing 5 cents in exchanging 350,693 shares. Sagicor Group traded 25 cents lower to $33 with 23,198 stock units, Sagicor Real Estate Fund advanced $1.45 to $12.05 with 639 stocks trading, Salada Foods traded 1,000 shares at $8.50, Scotia Group closed $5 lower to $55 with 59,365 stock units, Scotia Investments gained 30 cents to close at $37.30 with 1,830,050 shares, Seprod declined $1.90, closing at $28 with 560,300 stocks changing hands, Sterling Investments closed at $12 with 511,200 shares and Supreme Ventures ended with a loss of 20 cents at $10.80 with 106,855 units. Proven Investments US ordinary share gained 0.99 US cent to close at 23 US cents trading 15,750 units, Productive Business Solution US ordinary share closed at 60 US cents with 1,000 units exchanged, Jamaica Money Market Brokers 7.25% preference share lost 1 cent, closing at $2.50 with 2,272 units and Jamaica Money Market Brokers 7.5% preference share exchanged 1,500 units at $2.
NCB at new record high on TTSE
NCB closed at a record high on the TTSE at a higher price than in Jamaica.
NCB Financial Group ended a new high of $5.15, the equivalent of J$99.90 while Guardian Holdings an associate of NCB accounted for 67 percent of the value of securities traded on the Trinidad & Tobago Stock Exchange on Monday.
The market closed with 10 securities changing hands compared to 11 on Friday. The market ended with 3 stocks advancing, 2 declining and 5 remaining with prices unchanged and leading to 418,931 shares trading valued at $6,332,339 compared to Friday’s trades of 459,886 valued at $6,474,935.
The Composite Index climbed 3.19 points to 1,245.14, the All T&T Index gained 0.51 points to 1,789.56 and the Cross Listed Index rose 0.80 points to close at 94.13.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 3 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 NCB Financial Group rose 10 cents and closed at a 52 weeks’ high of $5.15 with 1,100 shares, Scotia Investments closed 5 cents higher to $2.25 trading 88,431 shares and Trinidad & Tobago NGL gained 4 cents, closing at $22.25 with 1,000 shares.
Losses| The last traded prices of securities declining and the volume changing hands were Guardian Holdings declined 15 cents to close at $16.40 with 258,304 shares valued at $4,274,711 and Massy Holdings lost 3 cents, closing at $48.92 with 3,009 shares.
Firm Trades| The last traded prices of securities and the volume traded unchanged at the close of trading were Clico Investment closed at $20.50 with 31,849 shares valued at $652,952, First Citizens exchanged 2,500 shares at $31.68.Grace Kennedy closed at $2.85 with 24,042 shares, Republic Financial Holdings traded at $101.90 with 8,621 shares valued at $878,519 and Scotiabank exchanged 75 shares at $58.02.
Dominant Jamaica Producers
Jamaica Producers trades 1,097,168 shares at $15.
Jamaica Producers continues to trade in large quantities at a very high valuation that is well above the market’s average, suggesting that investors expect high growth in profits going forward. Sterling Investment was the second largest trade with the price falling back on Friday.
At the close of market activity, the last price securities traded at and the volumes changing hands are, Barita Investments climbing $1 higher to $9 with 25,000 shares, Berger Paints rising 5 cents to close at $12.15 with 73,884 shares, as investors’ interest gains momentum and ignoring the buyout offer of $10.88 per share by the Ansa McAl Group. Following the annual General Meeting of Cable and Wireless the stock price climbed 17 cents, closing at $1.20 with 952,364 shares exchanged. Caribbean Cement jumped $2 and closed at $30, with 81,000 shares, Carreras ended at $108 with 121,376 shares, Ciboney Group exchanged 360,866 shares at 18 cents and closed with 2,100,000 shares on the bid at 18 cents. Grace Kennedy lost 90 cents in closing at $42 with 900,221 shares, Jamaica Broilers closed at $17.50, trading $1 lower with 107,977 shares, Jamaica Producers closed at $15 with 1,097,168 shares, 
Jamaica Stock Exchange lost 2 cents to close at $6.28 exchanging 34,897 shares, JMMB Group traded 40 cents lower to $21.50 with 198,788 shares. Kingston Wharves lost 35 cents to close at $30.50 with 171,000 shares, Mayberry Investments closed at $4.46 after losing 4 cents with 1,428 units, NCB Financial Group rose 50 cents to $90 with 60,590 shares, 1834 Investments closed at $1.40 with 11,970 stock units. PanJam Investment added 2 cents to end at $33.50 with 16,620 shares, Pulse Investments gained of 5 cents and closed at $1.85 with 138,498 shares, Radio Jamaica closed at $1.25 with 30,489 shares, Sagicor Group exchanged 17,630 shares at $33.25, Sagicor Real Estate Fund declined 39 cents to $10.60, with 596,500 shares, Salada Foods traded 500 shares at $8.50, Scotia Group jumped $2.01 higher to close at a 52 weeks’ high of $60 with 144,647 stock units, Scotia Investments closed $1.50 higher to $37 with 76,000 shares, Sterling Investments closed at $12 with 1,002,600 stock units Supreme Ventures lost 1 cent and closed at $11, with 118,874 shares. Margaritaville Turks US ordinary share closed at 30 US cents with 1,596 units, Proven Investments US ordinary share lost 1 US cent trading 10,566 units at 23 US cents, JMMB Group 7.5% preference share closed at $1.20, gaining 4 cents with 119,733 units and Jamaica Money Market Brokers 7.5% preference share exchanged 210,000 units at $2.
Junior Market trading jumps again
Caribbean Producers closed at $3.11 with 3,612,085 shares.
Trading on the Junior Market of the Jamaica Stock Exchange picked up again on Friday with 56 percent more volume changing hands, a continuation on the 121 percent increase on Thursday and 110 percent rise on Wednesday over Tuesday.
The market closed with 24 securities changing hands, resulting in an exchange of 6,448,734 units valued at $22,892,348 compared to 25 securities trading leading to 4,140,205 units valued at $15,416,896 on Thursday. Trading was dominated by AMG Packaging, Caribbean Producers with more than 1 million share each and Jamaican Teas with just over 670,000 units.
At the close of market activities, the prices of 8 securities advanced, 10 declined and 6 remained with unchanged, resulting in the market index, slipping 13.33 points to 3,066.28.
Trading ended with an average of 268,697 units for an average of $953,848 in contrast to 165,608 units for an average of $616,676 on Thursday. The average volume and value for the month to date are 180,947 units valued at $711,197, in contrast to 163,397 units at $662,667 previously. In contrast, August closed with average of 234,437 units valued at $1,295,260 for each security traded.
Market sentiment continues to look mixed at the close on Friday having implications for Monday’s activity as 3 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: AMG Packaging settled with a loss of 10 cents at $3.40 with 1,410,925 units, Cargo Handlers closed 60 cents higher at $11 with 1,200 stock units, Caribbean Flavours closed at $11.80 with 7,020 stocks traded, Caribbean Producers settled with a loss of 89 cents, at $3.11 with 3,612,085 shares. Consolidated Bakeries ended with a loss of 28 cents, at $2 with 500 units, C2W Music finished at 50 cents with 12,646 stock units, 
Dolphin Cove closed with a loss of 30 cents, at $17 with 400 shares, Eppley concluded at $12 with 11,400 shares, Express Catering settled with a loss of 30 cents, at $4.50 with 130,851 units, General Accident concluded trading 4 cents higher at $2.84 with 10,300 stocks, Honey Bun finished at $4.55 with 5,594 stock units trading, Iron Rock closed 9 cents higher at $2.98 exchanging 51,650 units, Jamaican Teas traded with a loss of 52 cents to $4 with 670,589 shares, Jetcon Corporation concluded market activity, 3 cents higher at $4.48 with just 8,612 units. KLE Group closed with a loss of 50 cents, at $2.50 with 14,830 units, Knutsford Express closed at $15 with 610 shares, Lasco Distributors finished 14 cents higher at $6.99 trading 10,000 stock units, Lasco Financial finished 35 cents higher at $3.70 with only 1,455 units, Lasco Manufacturing rose 10 cents to $4.30 with 28,323 shares, Main Event closed with a rise of 25 cents to $4.60 with 54,116 units, Medical Disposables settled with a loss of 35 cents, at $5 with 44,040 stocks, Stationery and Office concluded trading with a loss of 2 cents, at $4.98 with 330,633 stock units, tTech traded with a loss of 25 cents, at $7 with 6,655 units and Derrimon Trading preference share closed at $2 with 24,300 units changing hands.