NCB pushes JSE main market up – Friday

NCB jumps $4.75 on Friday after the Group disclosed bid for majority shares in Guardian Holdings.

Trading on the Main Market of the Jamaica Stock Exchange closed on Friday saw the JSE All Jamaican Composite Index gaining 604.57 points to 304,198.46 and the JSE Index advancing 550.84 points to 277,159.21 as NCB Financial climbed $4.75 following their bid for majority shares in Guardian Holdings.
Trading on the Main Market of the Jamaica Stock Exchange ended on Friday with just 16 securities changing hands of which 5 advanced, 6 declined and 5 traded firm with 581,428 units valued at $23,062,993 compared to 714,979 units valued at $14,275,297 on Thursday from 21 securities changing hands.
Trading ended with an average of 36,339 units for an average of $1,441,437, in contrast to 34,047 units for an average of $679,776 on Thursday. The average volume and value for the month to date amounts to 230,246 units valued at $4,248,014 and previously, 230,246 units valued at $4,248,014. In contrast, November closed with average of 349,084 units at an average of $5,801,440 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and 2 with lower offers.
The major movers at the close, are Berger Paints falling $2.45, NCB Financial jumping $4.75 after the Group announced a bid to acquire majority shares in Guardian Holdings and PanJam Investment fell $1.12 and Scotia Group fell $2.
For more details of market activities see report Trading falls on JSE main market – Friday.

Trading falls on JSE main market – Friday

Trading on the Main Market of the Jamaica Stock Exchange ended on Friday with 16 securities changing hands, 5 advanced, 6 declined and 5 traded firm, with 581,428 units valued at $23,062,993 changing hands.
The JSE All Jamaican Composite Index rose 604.57 points to close at 304,198.46 and the JSE Index gained by 550.84 points to close at 277,159.21.
In the main market activity, Barita Investments concluded trading with a loss of 25 cents at $7.75, with 21,322 units, Berger Paints fell $2.45 to $14.55, with 3,000 shares, Cable & Wireless settled 9 cents higher at $1.09, with 2,660 shares, Carreras traded at $10.50, with 116,842 units, Grace Kennedy closed at $43, with 2,000 shares. Jamaica Broilers ended at $17.70, with 3,000 stock units, Jamaica Stock Exchange finished 50 cents higher at $7, with 2,300 shares, JMMB Group settled at $24, with 1,414 shares, Mayberry Investments finished trading 95 cents higher at $5.95, with 106,457 shares. NCB Financial Group closed $4.75 higher at $97, with 197,918 shares, after the Group announced a bid to acquire up to 32 percent more shares in Guardian Holdings, to take their holdings in the Trinidadian finance house to 62 percent. PanJam Investment concluded trading with a loss of $1.12 at $41.38, with 4,962 units, Pulse Investments settled with a loss of 25 cents at $1.50, trading 41,191 shares, Sagicor Group traded 10 cents higher at $38.10, with 26,739 units. Salada Foods Jamaica closed with a loss of 50 cents at $9, with 5,000 shares, Scotia Group ended with a loss of $2 at $51, with 4,623 stock units and Supreme Ventures settled at $10, with 42,000 shares.
Prices of securities trading for the day are those at which the last trade took place.
For more details of market activities see report “NCB pushes JSE main market up – Friday.”

JSE main market falls back – Thursday

Investors chopped $1.65 off the price of NCB Financial on Thursday.

Trading on the Main Market of the Jamaica Stock Exchange closed on Thursday with 21 securities changing hands, compared to 25 on Wednesday but the market indices fell back with stocks rising edging out those that fell.
By the close the JSE All Jamaican Composite Index fell 954.19 points to 303,596.51 and the JSE Index declined by 869.38 points to 276,610.75 as the prices of 9 stocks advanced, 6 declined and 4 traded firm resulting in 714,979 units valued at $14,275,297 trading, compared to 9,894,407 units valued at $132,996,713 on Wednesday.
Trading ended with an average of 34,047 units for an average of $679,776 in contrast to 412,267 units for an average of $5,541,530 on Wednesday. The average volume and value for the month to date amounts to 230,246 units valued at $4,248,014 and previously, 227,449 units valued at $4,185,528. In contrast, November closed with average of 349,084 units at an average of $5,801,440 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and 4 with lower offers.
Proven Investments US ordinary share was the sole trade in the US dollar market, with 8,125 units changing hands in closing 1 cent lower to 22 US cents, with the index slipping 1.77 points to 172.8 and JMMB Group 6% US preference share traded 1,210 units at $1.15.
The major movers at the close, are Berger Paints with a rise of $2.45, Grace Kennedy with a rise of $1, followed by a rise of $1.40, JMMB Group falling by $1 and NCB Financial, down $1.65.
For more details of market activities see report –  9 JSE stocks rise 6 fall – Thursday.

9 JSE stocks rise 6 fall – Thursday

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Berger Paints price jumped $2.45 on Thursday

When trading closed on the Jamaica Stock Exchange on Thursday, the JSE All Jamaican Composite Index fell 954.19 points to 303,596.51 and the JSE Index declined by 869.38 points to 276,610.75 as the prices of 9 stocks advanced, 6 declined and 4 traded firm resulting in 714,979 units valued at $14,275,297 trading.
In the main market activity, Berger Paints jumped $2.45 higher to $17, with 2,243 shares, an indication that selling at lower levels is limited. Cable & Wireless settled with a loss of 2 cents at $1, with 19,950 shares, Carreras traded with a loss of 10 cents at $10.50, with 54,125 units, Grace Kennedy closed $1 higher at $43, with 24,781 shares, Jamaica Broilers ended 54 cents higher at $17.70, with 1,864 stock units. Jamaica Producers concluded trading 90 cents higher at $15.10, with 10,000 units, Jamaica Stock Exchange finished with a loss of 50 cents at $6.50, with 3,000 shares, JMMB Group settled with a loss of $1 at $24, with 48,960 shares, Kingston Wharves traded 20 cents higher at $32.70, with 11,539 units. NCB Financial Group closed with a loss of $1.65 at $92.25, as 66,022 shares traded, Portland JSX finished 20 cents higher at $8.50, with 1,929 shares, Pulse Investments settled 30 cents higher at $1.75, with 61,000 shares, Radio Jamaica ended trading at $1, with 2,316 stock units. Sagicor Group traded at $38, with 28,366 units, Sagicor Real Estate Fund finished trading at $14.50, with 10,279 shares, Salada Foods closed 69 cents higher at $9.50, with 60,000 shares, Scotia Group ended 20 cents higher at $53, with 18,587 stock units. Seprod finished at $30, with 25,000 shares and Supreme Ventures ended trading with a loss of 1 cent at $10, with 101,330 stock units. In the main market preference segment, Jamaica Money Market Brokers 7.5% preference share ended trading at $1.90, with 6,837 units and JMMB Group 7.5% preference share ended trading at $1.15, with 156,851 stock units.

Prices of securities trading for the day are those at which the last trade took place.
For more details of market activities see report “JSE main market falls back – Thursday.”

2 new highs 2 new lows on TTSE

Scotiabank traded at a 52 weeks’ high on Thursday.

Falling stock prices, outpaced rising stocks more than 2 to 1, at the close of trading on the Trinidad & Tobago Stock Exchange on Wednesday. All three market indices declined, as two declining stocks shed large amounts, while 2 each traded at 52 weeks’ high and low.
Ansa McAL declined by $3.03, to close at a 52 weeks’ low of $60 with just 2,028 shares trading, Republic Financial Holdings also closed at a 52 weeks’ low after losing $1.50 to end at $100.50, with 252 units changing hands while Scotiabank advanced $1 to settle at a 52 weeks’ high of $61 with 1,500 shares and Trinidad & Tobago NGL gained $1.95 to close at a 52 weeks’ high of $27 trading 3,300 shares. Scotiabank’s move is reflective of a rise in profit before Taxation of 11 percent and 5 percent after an increase in corporation tax rate in that country. Earnings per share ended the year at $3.73 for a PE ratio of 16.35.

T&T NGL closed at a record high on TTSE on Thursday.

Market activity ended with 14 securities changing hands compared to 13 on Wednesday leading to 3 stocks advancing, 7 declining and 4 holding firm.
A total of 221,067 shares traded at a value of $3,013,733 compared to Wednesday’s trades of 482,160 valued at $15,366,284.
The Composite Index declined by 6.28 points to 1,274.03, the All T&T Index lost 10.08 points to 1,743.57 and the Cross Listed Index was down 0.33 points to close at 108.44.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| The other stock that gained is Clico Investment with a rise of 29 cents, in closing at $20.79 with 71,572 shares valued at $1,486,816.
Losses| Securities declining based on the last traded price are Grace Kennedy losing 4 cents in exchanging 25,000 shares to close at $2.96. JMMB Group closed at $1.88, with a loss of 2 cents trading 1,754 shares, Point Lisas fell 1 cent to $3.89 with 11,128 shares changing hands, Prestige Holdings ended with a loss of 5 cents, at $10.70 with 1,000 units, and Sagicor Financial traded 4 cents lower to $7.91 with 73,828 shares valued at $584,108.
Firm Trades| The last traded prices of securities closing with unchanged prices are Massy Holdings in exchanging 1,484 shares at $49, One Caribbean Media ending at $14 with 23,361 shares valued at $369,054, Trinidad Cementthat traded 650 units at $3.95 while Unilever Caribbean remained at $34 with 1,210 shares trading.

10 JSE stocks rise 7 fall – Wednesday

The prices of 10 securities advanced, 7 declined and 6 traded firm in trading on the Main Market of the Jamaica Stock Exchange on Wednesday as trading concluded with 24 securities trading, leading to 9,894,407 units valued at $132,996,713 changing hands.
At the close of market activities, the JSE All Jamaican Composite Index jumped 1,711.67 points to 304,550.70 and the JSE Index climbed 1,559.52 points to 277,480.13.
At the close of trading, Barita Investments concluded with just 145 units changing hands at $8, Cable & Wireless settled 3 cents higher at $1.02, with 54,429 shares, Caribbean Cement ended $1.85 higher at $31.85, with 11,349 stock units. Carreras fell 39 cents to $10.60, with 34,465 units, Grace Kennedy closed with a loss of $1 at $42, as 624,979 shares changed hands, Jamaica Broilers ended 15 cents higher at $17.16, with 1,270,187 stock units, Jamaica Producers concluded trading 20 cents higher at $14.20, with 459 units. Jamaica Stock Exchange finished 10 cents higher at $7, with 34,700 shares, JMMB Group settled at $25, with 11,454 shares, Mayberry Investments finished trading at $5, with 117,316 shares, NCB Financial Group closed $1.40 higher at $93.90, with 51,016 shares trading. 1834 Investments ended with a loss of 5 cents at $1.15, with 30,511 stock units, 138 Student Living closed at $6, with 2,900 shares, PanJam Investment concluded trading 50 cents higher at $42.50, with 4,808 units, Portland JSX finished with a loss of 20 cents at $8.30, with 9,200 shares, Pulse Investments settled with a loss of 5 cents at $1.45, with 200 shares, Radio Jamaica ended trading with a loss of 9 cents at $1, with 100,723 stock units. Sagicor Group traded at $38, with 23,114 units, Sagicor Real Estate Fund finished trading 20 cents higher at $14.50, with 18,752 shares, Scotia Group ended 30 cents higher at $52.80, with 16,186 stock units, Seprod concluded trading 50 cents higher at $30, with 200 units. Sterling Investments finished at $12, with 2,500 shares and Supreme Ventures settled with a loss of 49 cents at $10.01, with 7,426,588 shares. In the main market preference segment, Jamaica Money Market Brokers 7.5% preference share ended trading at $1.90, with 48,226 stock units changing hands.

Prices of securities trading for the day are those at which the last trade took place.
For more details of market activities see report “JSE main market in big jump – Wednesday.” 

JSE main market in big jump – Wednesday

A $1.40 rise in the price of NCB Financial helped to lift the JSE indices on Wednesday.

At the close of trading the JSE All Jamaican Composite Index surged 1,711.67 points to 304,550.70 and the JSE Index jumped by 1,559.52 points to 277,480.13 as 24 securities changed hands, with 10 rising, 7 declining and 6 trading firm.
Main market activity lead to 9,894,407 units valued at $132,996,713 trading compared to 2,992,590 units valued at $57,473,157 from 22 securities on Tuesday.
Trading ended with an average of 412,267 units for an average of $5,541,530 in contrast to 136,027 units for an average of $2,612,416 on Tuesday. The average volume and value for the month to date amounts to 227,449.31 units valued at $ 4,185,528 and previously, 161,245 units valued at $3,699,796. In contrast, November closed with average of 349,084 units at an average of $5,801,440 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and 2 with lower offers.
Proven Investments US ordinary share, was the sole trade in the US dollar market, with 4,300 units changing hands in closing 1 cent higher to 23 US cents, with the index rising 4.67 points to 174.66.
The major movers at the close, are Caribbean Cement that climbed $1.85, Grace Kennedy losing $1 with 624,979 shares changing hands, followed by a rise of $1.40 in the price of NCB Financial, while Supreme Ventures fell 49 cents with 7.4 million shares trading.

For more details of market activities, see report – 10 JSE stocks rise 7 fall – Wednesday.

JSE close down again on Tuesday

Trading on the Main Market of the Jamaica Stock Exchange ended on with 22 securities changing hands versus 26 on Monday as 7 securities advanced, 7 declined and 8 traded firm.
At the close, the JSE All Jamaican Composite Index declined 1,062.41 points to 302,839.03 and the JSE Index fell 967.97 points to close at 275,920.61 as 2,992,590 units valued at $57,473,157 traded.
In main market activity, Barita Investments concluded trading 25 cents higher at $8, with 500 units, Berger Paints finished with a loss of $2.25 to $14.55, with 13,213 shares trading, Caribbean Cement ended trading with a loss of $1.50 to close at $30, with 3,700 stock units. Carreras traded at $10.99, with 33,604 units, Grace Kennedy closed at $43, with 132,200 shares, Jamaica Broilers ended with a loss of 99 cents at $17.01, with 1,896,189 stock units, Jamaica Stock Exchange finished at $6.90, with 32,935 shares. JMMB Group fell $1.50 to $25, with 514,862 shares, Kingston Wharves traded at $32.50, with 17,837 units, Mayberry Investments finished trading with a loss of 1 cent at $5, with 115,425 shares, NCB Financial Group closed $1.98 higher at $92.50, with 15,738 shares. 1834 Investments ended at $1.20, with 2,630 stock units, 138 Student Living closed at $6, with 1,833 shares, PanJam Investment concluded trading $1 higher at $42, with 1,992 units, Pulse Investments settled at $1.50, with 50,000 shares, Radio Jamaica ended trading 4 cents higher at $1.09, with 10,500 stock units, Sagicor Group traded $1.20 higher to $38, with 12,466 units. Sagicor Real Estate Fund finished trading with a loss of 20 cents at $14.30, with 200 shares, Scotia Group ended with a gain of $1.50 at $52.50, with 11,209 stock units, Seprod concluded trading with a loss of 50 cents at $29.50, with 20,800 units, Sterling Investments finished at $12, with 50,000 shares and Supreme Ventures settled 50 cents higher at $10.50, with 54,757 shares.
Prices of securities trading for the day are those at which the last trade took place.
For more details of market activities see report “Drop in JSE main market on Tuesday.”

NCB Financial dominates TTSE – Tuesday

NCB Financial was the dominant trade on the TTSE.

Market activity on the Trinidad & Tobago Stock Exchange resulted in 13 securities changing hands compared to 12 on Monday with NCB Financial Group leading with the highest volume just under 1 million units with a value $5.9 million.
At the close, 4 stocks advanced, 3 declined and 6 remained unchanged as 1,117,124 shares traded at a value of $6,876,070 compared to Monday’s trades of 168,640 valued at $1,925,602.
The Composite Index declined by 2.25 points to 1,280.47, the All T&T Index dropped 1.19 points to 1,751.92 and the Cross Listed Index lost 0.45 points to close at 109.05.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 7 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| The securities that rose in trading are, First Citizens with a 1 cent gain and closed at $32.01 with 3,428 shares, NCB Financial Group ending at $6.03, gaining 3 cents in exchanging 978,658 shares valued at $5,901,308. Scotiabank closed at $60.01, after trading at $58 to close with a gain of 1 cent with just 98 units and Trinidad & Tobago NGL advancing to a new 52 weeks’ high of $25.05, after rising 4 cents with 600 units changing hands.
Losses| Securities declining at the close are, Grace Kennedy that slipped 10 cents, ending at $3 with trades of 27,036 shares, JMMB Group with a loss of 2 cents, closing at $1.98 with 2,429 shares and Massy Holdings losing 2 cents to close at $48.95 with 2,100 shares changing hands.
Firm Trades| The securities trading unchanged are, Angostura Holdings with 731 units closing at $15.05, Clico Investment holding at $20.80 with 14,369 shares valued at $301,675, after it traded as high as $21. First Caribbean International Bank traded 50 units at $9.30, National Enterprises closed at $9.75 with 2,206 shares trading, National Flour Mills exchanged 59,269 shares at $1.90 and Sagicor Financial closed at $7.95 with 26,150 shares changing hands.

JSE up with minority of stocks rising

Trading on the Main Market of the Jamaica Stock Exchange ended on Monday with 26 securities changing hands, of which 5 advanced, 11 declined and 10 traded firm, resulting in 5,044,996 units valued at $75,889,380 changing hands.
The JSE All Jamaican Composite Index advanced by 1,541.93 points to 303,901.44 and the JSE Index advanced by 1,404.87 points to close at 276,888.58.
In main market activity, Barita Investments concluded trading with a loss of 25 cents at $7.75, with 250,300 units traded, Berger Paints finished with a loss of 20 cents at $16.80, with 3,664 shares, Cable & Wireless settled 3 cents higher at 99 cents, with 88,985 shares. Caribbean Cement ended trading with a loss of 25 cents at $31.50, with 9,345 stock units, Carreras traded 9 cents higher at $10.99, with 7,210 units, Ciboney Group finished trading at 35 cents, with 198,773 shares, Grace Kennedy closed at $43, with 6,162 shares. Jamaica Broilers ended 50 cents higher at $18, with 1,478,292 stock units changing hands, Jamaica Producers concluded trading with a loss of $1.10 cents following Friday’s fall of $1.12 to close at $14, with 3,552 units, Jamaica Stock Exchange finished 10 cents higher at $6.90, with 2,920 shares, JMMB Group settled at $26.50, with 15,805 shares trading. Kingston Wharves traded at $32.50, with 500 units, Mayberry Investments finished trading at $5.01, with 117,300 shares, NCB Financial Group closed with a loss of $1.49 at $90.52, with 93,264 shares, 1834 Investments ended with a loss of 1 cent at $1.20, with 100,000 stock units, 138 Student Living closed at $6, with 6,100 shares, PanJam Investment concluded trading with a loss of 50 cents at $41, with 7,500 units. Portland JSX finished with a loss of 45 cents at $8.50, with 25,669 shares, Pulse Investments settled with a loss of 28 cents at $1.50, with 8,753 shares, Radio Jamaica ended trading with a loss of 3 cents at $1.05, with 866,047 stock units, Sagicor Group traded 30 cents higher at $36.80, with 16,886 units. Sagicor Real Estate Fund finished trading at $14.50, with 1,500 shares, Scotia Group ended at $51, with 404,829 stock units, Seprod concluded trading at $30, with 4,865 units, Sterling Investments finished at $12, with 124,000 shares and Supreme Ventures settled with a loss of $1 at $10, with 1,202,775 shares.
Prices of securities trading for the day are those at which the last trade took place.
For more details of market activities see report “More recovery for JSE main market.”