TTSE indices slip – Wednesday

Market activity on the Trinidad & Tobago Stock Exchange ended on Wednesday with 16 securities trading against 15 on Tuesday, with 3 stocks advancing, 5 declining and 8 remaining unchanged.
At the close of the market, the Composite Index lost 3.34 points to end at 1,415.41. The All T&T Index fell 3.58 points to 1,759.08, while the Cross Listed Index slipped 0.42 points to close at 145.30.
Trading ended with 58,149 shares at a value of $1,935,352, compared to 71,169 shares at a value of $2,062,260 shares on Tuesday.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended at 4 stocks with bids lower than their last selling prices and 4 with lower offers.
Gains| Clico Investment Fund gained 4 cents to end at $24.10, with 2,324 stock units changing hands, Republic Financial added 14 cents and ended at $122.96, with 1,769 stock units changing hands, and Scotiabank closed with an increase of 28 cents at $59.75, with 18,765 units crossing the exchange.
Losses| First Citizens Bank fell 49 cents and concluded at $40.50, with 370 units, Guardian Holdings closed with a loss of 8 cents and completed trading of 2,884 shares at $18.42, NCB Financial shed 9 cents and ended at $10.66, with 8,703 units crossing the exchange. Trinidad & Tobago NGL lost 8 cents in exchanging 1,531 units to close at $25.77 and West Indian Tobacco dropped $1.49 and ended at $104.51, with 1,344 stock units trading.
Firm Trades| Calypso Micro Index Fund traded 6,125 shares and closed at $15.75, JMMB Group completed trading 72 units at $2.08, Massy Holdings settled at $55, with 200 units trading, National Enterprises completed trading at $5.70, with 7,672 stock units changing hands, National Flour settled at $1.50, with an exchange of 1,708 units. One Caribbean Media completed trading of 741 units at $10, Prestige Holdings closed trading at $8.10, with 1,411 stock units changing hands and Sagicor Financial completed trading at $10.61, with 2,530 units crossing the exchange.

Prices of securities trading are those at which the last trade took place.

26 JSE stocks fall just 4 rise on Tuesday

The Jamaica Stock Exchange main market declined as the prices of 26 stocks tumbled and just 4 rose on Tuesday and just 7 closed with the prices unchanged as 37 securities changed hands in both the main and US dollar markets.
At the close of trading, the All Jamaican Composite Index declined by 2,056.84 points to 549,065.37, the JSE Index falling 1,863.72 points to 499,913.05 and The JSE Financial Index that was started early this year, inched just 0.04 points lower, to end at 136.62.
Main market activity ended with 35 securities trading, resulting in 29,682,285 units valued at $61,647,404 in contrast to 31,484,701 units valued at $125,777,352 from 34 securities trading on Friday.
Wigton Windfarm led trading with 20.7 million units for 70 percent of total volume, followed by Sagicor Select Funds with 7.1 million shares for 24 percent of the market’s trade and QWI Investments 635,758 units accounting for 2 percent of the day’s trade.
The market closed with an average of 848,065 units valued at $1,761,354 for each security traded, in contrast to 1,015,636 units for an average of $4,057,334 on Friday. The average volume and value for the month to date amounts to 924,647 shares at a value of $14,346,378 for each security traded and previously 929,723 shares at $15,239,838 for each stock traded. The market closed September with an average of 1,585,081 units valued at $14,071,562 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer reading shows 13 securities ended with bids higher than their last selling prices and 2 with lower offers. The PE ratio of the market ended at 16.2 with the main market ending at 16.8 times 2019 current year’s earnings.
In main market activity, Barita closed 45 cents lower to $78.50, after trading 14,950 shares, Berger Paints ended at $1 and lost 50 cents in swapping 1,222 shares, Carib Cement dived $2.50 trading 35,679 shares, in closing at $73.50. Grace Kennedy declined by $3.45 to close at $66.05 with 21,438 shares changing hands, Jamaica Broilers lost $1 in exchanging 13,265 shares to settle at $34, Jamaica Producers closed $3.30 lower to $21.20 while trading 134,912 shares, Jamaica Stock Exchange dropped 50 cents at $28 with 42,794 shares traded. JMMB Group slid to $41, losing $1.50 in swapping 14,777 shares. Kingston Wharves lost 39 cents to settle at $60 trading 629 shares, NCB Financial closed $4 lower to $201 with an exchange of 51,820 shares, Portland JSX fell by 97 cents to $8, after trading 3,600 shares, Sagicor Group settled at $66.55, after losing 95 cents with 21,890 shares changing hands. Salada Foods closed $3 lower to $25, in swapping 1,198 shares, Scotia Group dropped $3 and ended at $57 in exchanging 2,650 shares, Seprod lost $1.98 to close at $51.02 after exchanging 7,454 shares and Supreme Ventures closed $1.60 lower to $25.15 with 15,953 shares changing hands.
Trading in the US dollar market ended with 583,847 units valued at $147,169 and the market index closed at 196.73. Proven Investments traded 503,847 units to close at 27 US cents and Sygnus Credit Investments ended the day’s trading at 13.9 US cents, after falling a fraction of 1 US cent with 80,000 shares changing hands.

TTSE stocks rise again – Tuesday

First Citizens closed at a 52 weeks’ high on TTSE on Tuesday.

Market activity on the Trinidad & Tobago Stock Exchange ended on Tuesday with trading in 15 securities against just 10 on Monday, with the prices of 7 stocks advancing, 2 declining and 6 remaining unchanged.
At the close of the market, the Composite Index added 2.24 points to end at 1,418.75. The All T&T Index gained 3.62 points to 1,762.66, while the Cross Listed Index rose 0.11 points to close at 145.72.
Trading ended with 71,169 shares at a value of $2,062,260, compared to 138,960 shares at a value of $6,896,031 shares on Monday.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended at 2 stocks with bids lower than their last selling prices and 4 with lower offers.
Gains| Clico Investment Fund gained 1 cent and completed trading with 4,817 units at $24.06, First Citizens Bank climbed 59 cents and ended at 52 weeks’ high of $40.99, with 219 units changing hands, Grace Kennedy gained 4 cents and with completed trading of 327 shares at $3.40. Guardian Holdings added 8 cents and settled at $18.50, with 16,597 stock units changing hands, Massy Holdings rose 9 cents and settled at $55, after exchanging 8,055 shares. National Enterprises increased 10 cents and completed trading of 5,000 units at $5.70 and Unilever Caribbean rose 1 cent and ended at $24.51, after exchanging 166 shares.
Losses| Republic Financial fell 18 cents and ended at $122.82, in trading 1,994 units and Scotiabank closed with a loss of 28 cents at $59.47, with 9,847 shares crossing the exchange.
Firm Trades| Angostura Holdings settled at $16.05, with 11,472 units trading, Ansa Merchant Bank ended at $35.75, with an exchange of 70 units, NCB Financial ended at $10.75, with 5,387 stock units changing hands. Sagicor Financial completed trading at $10.61, after exchanging 1,000 shares, Trinidad Cement ended at $2, after trading 4,000 shares and Trinidad & Tobago NGL exchanged 2,218 units to close at $25.85.

Prices of securities trading are those at which the last trade took place.

3 TTSE stocks rise 2 fall – Monday

Market activity on the Trinidad & Tobago Stock Exchange ended on Monday with trading in 10 securities against 16 on Friday, with 3 stocks advancing, 2 declining and 5 remaining unchanged.
At the close of the market, the Composite Index added 2.24 points to end at 1,416.51. The All T&T Index gained 2.78 points to 1,759.04, while the Cross Listed Index rose 0.23 points to close at 145.61.
Trading ended with 138,960 shares at a value of $6,896,031, compared to 129,696 shares at a value of $3,449,006 on Friday.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended at 3 stocks with bids lower than their last selling prices and 3 with lower offers.
Gains| First Citizens Bank rose 1 cent and settled at $40.40, after exchanging 1,500 shares, JMMB Group gained 4 cents and ended at $2.08, with 40 stock units changing hands and Republic Financial jumped $1 and settled at $123 with 1,719 units crossing the exchange.
Losses| Clico Investment Fund closed with a loss of 1 cent and concluded at $24.05, with 7,936 units, and Massy Holdings fell 1 cent to $54.91, after exchanging 110,000 shares.
Firm Traded| Angostura Holdings ended at $16.05, with the trading of 4,557 stock units, Calypso Micro Index Fund traded 2,400 shares and closed at $15.75, Sagicor Financial concluded trading of 5,000 units at $10.61. Scotiabank completed trading at $59.75, with 2,333 stock units changing hands and Trinidad & Tobago NGL exchanged 3,475 units to close at $25.85.

Prices of securities trading are those at which the last trade took place.

42% gain pushes MPC out of IC TOP 10

Infrequent trader MPC Caribbean Clean Energy after just six weeks on the TOP 10 main market chart with the price at $134 dropped out this week, with the price hitting $190 for a gain of 42 percent.
MPC was the only stock leaving the main market listing and is replaced by Stanley Motta with the stock price dropping to $5.50. Jetcon Corporation returns to the Junior Market after General Accident rising to $8 and falling to the 13th position on the overall Junior Market ranking.
Market activity resulted in no change to the top three Junior Market stocks, leaving Caribbean Producers with projected gains of 240 percent as the leader, followed by Iron Rock with potential gains of 204 percent and Jamaican Teas with 158 percent.
Increased investors’ interest pushed the price of Radio Jamaica to $1.99 with projected gains now down to 151 percent from last week’s 213 percent but still remains the leading main market stock with potential gains. Carreras sits at the number two spot with likely gains of 125 percent and Jamaica Broilers with projected gains of 100 percent is next.
The main market, closed the week with the overall PE of 17.3, inching up from 17.2 for the previous week and the Junior Market rose to 12 from 11.1 last week based on current year’s earnings. The PE ratio for Junior Market Top 10 stocks average rose to 7.9 from 7.7 and the main market PE remains at 11.1.
The TOP 10 stocks now trade at a discount of 34 percent to the average for Junior Market stocks and main market stocks trade at a discount of 36 percent to the overall market.
TOP 10 stocks are likely to deliver the best returns to March next year. Projected earnings, along with the PE ratio for each company’s current fiscal year are used in determining potential gains with the likely gains ranked in descending order with highest-ranked being the most attractive. Potential values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis as new information is received that can result in changes in and out of the list.

This report is compiled by persons who may have an interest in the securities commented on.

More trading higher prices for JSE

The Jamaica Stock Exchange main market moved higher on greater volume and value than on Thursday with the JSE All Jamaican Composite Index gaining 2,291.72 points to 551,122.21 and the JSE Index rising 2,582.15 points to 501,776.77.
At the same time, the JSE Financial Index that measures all the stocks in this sector in the three JSE markets rose 0.91 points to close at 136.66. Trading ended with 34 securities changing hands in the main and US dollar markets with 15 stocks advancing, 9 declining and 10 trading firm. Main market activity ended with 34 securities trading, resulting in 31,484,701 units valued at $125,777,352 in contrast to 22,536,647 units valued at $48,207,025 from 38 securities trading on Thursday.
Wigton Windfarm led trading with 24.5 million units for 78 percent of total volume, followed by Sagicor Select Funds with 3.1 million shares for 10 percent of the market’s trade and Wisynco Group with 2.3 million units accounting for 7 percent of the day’s trade.
The market closed with an average of 1,015,636 units valued at $4,057,334 for each security traded, in contrast to 593,070 units for an average of $1,268,606 on Thursday and well below the averages for September. The average volume and value for the month to date amounts to 929,723 shares at a value of $15,239,838 for each security traded and previously 924,365 shares at $15,990,179 for each stock traded. The market closed September with an average of 1,585,081 units valued at $14,071,562 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer reading shows 8 securities ended with bids higher than their last selling prices and 5 with lower offers. The PE ratio of the market ended at 16.5 with the main market ending at 17.2 times 2019 current year’s earnings.
In main market activity, Berger closed $1.40 lower to settle at $18.50 with an exchange of just 200 shares, Carreras lost 25 cents trading 68,902 shares and ending at $8, Eppley Caribbean Property Fund declined by $2 to $38 with 64,000 shares changing hands, JMMB Group slid by 49 cents to $42.50, in swapping 19,461 shares. Kingston Wharves gained 39 cents to settle at $60.39 trading a mere 143 shares, NCB Financial added $1.01 with an exchange of 58,763 shares to close at $205, PanJam Investment closed $2 higher at $102, after trading 5,142 shares, Proven Investments gained 50 cents to close at $40.50 with 4,804 shares changing hands. Pulse Investments lost 48 cents to settle at $4.50, after trading 67,479 shares. Scotia Group closed $4 higher at $60, in swapping 431,386 shares, Seprod gained $2.40 and ending at $53 after trading 11,114 shares and Sygnus Credit Investments closed 86 cents down to $22.38 with 20,021 shares changing hands.
Trading in the US dollar market ended with 61,969 units valued at $15,558 and the market index lost 0.01 point to end at 196.73. Proven Investments traded 46,469 units to close at 27 US cents from 26.98 cents on Thursday, Sygnus Credit Investments ended the day’s trade at 14 US cents after exchanging 14,500 shares and JMMB Group 6% preference shares closed at 99 US cents in swapping 1,000 shares.

6 TTSE stocks rise 2 fall – Friday

Trinidad & Tobago Stock Exchange Head Quarters

Market activity on the Trinidad & Tobago Stock Exchange ended on Friday with trading in 16 securities against 12 on Thursday, with 6 stocks advancing, 2 declining and 8 remaining unchanged.
At the close of the market, the Composite Index rose 0.34 points to 1,414.27. The All T&T Index added 2.45 points to end at 1,756.26, while the Cross Listed Index fell 0.25 points to close at 145.38.
Trading ended with 129,696 shares at a value of $3,449,006, compared to 438,270 shares at a value of $9,920,861 on Thursday.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended at 3 stocks with bids lower than their last selling prices and 2 with lower offers.
Gains| Angostura Holdings added 5 cents and ended at $16.05, with 6,000 stock units changing hands, Clico Investment Fund gained 3 cents and concluded trading of 43,302 units at $24.06, Grace Kennedy increased 5 cents and closed at $3.36, after swapping of 900 shares, Guardian Holdings rose 7 cents and ended at $18.42, in exchanging 15 shares. Republic Financial closed with a gain of 1 cent and settled at $122, after trading 13 shares and West Indian Tobacco concluded trading with a gain of $1.49 to end at $106, with investors exchanging 693 shares.
Losses| JMMB Group closed with a loss of 11 cents and ended at $2.04, with 2,546 stock units changing hands and Trinidad Cement shed 10 cents and settled at $2, after exchanging 10 shares.
Firm Trades| First Citizens Bank settled at $40.39, after exchanging 8,043 shares, Massy Holdings ended at $54.92, with 7,643 units changing hands, National Enterprises concluded at $5.60, in trading 1,100 units. National Flour ended at $1.50, after exchanging 3,000 shares, Prestige Holdings completed trading 10 stock units at $8.10, Sagicor Financial completed trading of 9,625 stock units at $10.61, Scotiabank ended at $59.75, while swapping 4,746 shares and Trinidad & Tobago NGL exchanged 42,050 units to close at $25.85.

Prices of securities trading are those at which the last trade took place.

JSE majors steady on low volume

The Jamaica Stock Exchange main market inched higher on higher volume but lower value than on Wednesday with the market appearing to find support at current levels after falling more than 6 percent from the peak in the first week in August.
At the close the JSE All Jamaican Composite Index added just 104.29 points to close at 548,200.49, the JSE Index gained 189.56 points to 499,194.62 and the JSE Financial Index rose 0.15 points to 135.75.
Trading ended with 39 securities changing hands in the main and US dollar markets with 12 stocks advancing, 15 declining and 12 trading firm. Main market activity ended with 38 securities trading, resulting in 22,536,647 units valued at a mere $48,207,025, in contrast to 13,077,566 units valued at $68,716,819 from 37 securities trading on Wednesday.
Wigton Windfarm led trading with 10.6 million units for 47 percent of total volume, followed by Sagicor Select Funds with 10.2 million shares for 45 percent of the market’s trade and QWI Investments with 656,908 accounting for 3 percent of the day’s trade.
The market closed with an average of 593,070 units valued at $1,268,606 for each security traded, in contrast to 353,448 units for an average of $1,857,211 on Wednesday. The average volume and value for the month to date amounts to 924,365 shares at a value of $15,990,179 for each security traded and previously 951,792 shares at $17,309,566 for each stock traded. The market closed September with an average of 1,585,081 units valued at $14,071,562 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer reading shows 5 securities ended with bids higher than their last selling prices and 2 with lower offers. The PE ratio of the market ended at 16.6 with the main market ending at 17.3 times 2019 current year’s earnings.
In main market activity, Eppley rose 75 cents to close at $16.85 with a mere 220 shares changing hands, Grace Kennedy added $2.80 to close at $69.60 trading 8,315 shares, Jamaica Producers lost 67 cents with 5,209 shares changing hands in closing at $24.70, JMMB Group gained $1.89 to end at $42.99 in swapping 40,735 shares. Kingston Wharves dropped 99 cents to settle at $60 in trading 2,756 shares, Mayberry Investments lost 37 cents to close at $8.33 with 12,292 shares changing hands, Mayberry Jamaican Equities closed 35 cents lower at $10.80 with 7,244 shares crossing the exchange. MPC Caribbean Clean Energy traded just 100 shares, in gaining $36.94 to close at a record high of $190, NCB Financial advanced $3.93 with an exchange of 14,302 shares to close at $203.99, PanJam Investment declined by $1 and closed at $100 after trading 3,608 shares, Sagicor Group added 50 cents, after 35,923 shares changed hands to settle at $67.50.Scotia Group closed $3.50 lower at $56, after swapping 27,482 shares, Seprod lost 40 cents to settle at $50.60 trading 14,505 shares and Stanley Motta closed 40 cents lower to $5.60 with 126,539 shares changing hands.
Trading in the US dollar market ended with Proven Investments being the sole stock trading 9,717 units valued at $2,622 to close at 26.98 US cents with the market index gaining 0.08 points to 196.74.

 

Modest gains for JSE majors

The Jamaica Stock Exchange main market climbed marginally on lower volume and value with the JSE All Jamaican Composite Index adding just 166.56 points to close at 548,096.20, the JSE Index rising 168.54 points to 499,005.06 and the JSE Financial Index slipping 0.59 points to 135.60.
Trading ended with 40 securities changing hands in the main and US dollar markets with 14 stocks advancing, 14 declining and 12 trading firm. Main market activity ended with 37 securities trading, resulting in 13,077,566 units valued at $68,716,819 in contrast to 40,595,146 units valued at $1,769,588,600 from 36 securities trading on Tuesday.
Wigton Windfarm led trading with 6.3 million units for 48 percent of total volume, followed by Sagicor Select Funds with 3.4 million shares for 26 percent of the market’s trade and QWI Investments with 2 million units accounting for 14 percent of the day’s trade.
The market closed with an average of 353,448 units valued at $1,857,211 for each security traded, in contrast to 1,127,643 units for an average of $49,155,239 on Tuesday. The average volume and value for the month to date amounts to 951,792shares at a value of $17,309,566 for each security traded and previously 1,004,254 shares at $18,786,922 for each stock traded. The market closed out September with an average of 1,585,081 units valued at $14,071,562 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer reading shows 13 securities ended with bids higher than their last selling prices and 2 with lower offers. The PE ratio of the market ended at 16.5 with the main market ending at 17.2 times 2019 current year’s earnings.
In main market activity, Caribbean Cement lost 81 cents to close at $76 with 10,346 shares changing hands, Grace Kennedy gained 45 cents to close at $66.80 after exchanging 34,590 shares, Jamaica Broilers closed $1.94 higher in trading 23,816 shares to settle at $35,Jamaica Producers advanced by $4.07 with 8,063 shares changing hands in closing at $25.37. Jamaica Stock Exchange lost 50 cents, ending at $28.50 with 35,156 units traded, JMMB Group closed 90 cents lower to $41.10 in swapping 157,024 shares after the company announced the issue price for the ordinary shares to raise up to $12.4 billion at up to $38.70 each. Mayberry Investments lost 30 cents to settle at $8.70 with 5,300 shares changing hands, PanJam Investment gained 75 cents, in closing at $101 after trading 18,654 shares, Pulse Investments closed 51 cents higher to a new closing high of $5 in an exchange of 226,000 shares. Salada Foods fell by $1.30 to $28 with 11,200 shares traded, Scotia Group advanced by $3.30, after 13,966 shares changed hands to settle at $59.50, Supreme Ventures gained 45 cents to close at $26.50 with 26,155 shares being exchanged and Sygnus Credit Investments lost 67 cents, in closing at $23.03 after trading 4,582 shares.
Trading in the US dollar market ended with 331,909 units valued at $79,101 and the market index dipped 0.02 points to 196.66. Proven Investments exchanged 285,009 units to close at 26.98 US cents, Sterling Investmentsended at 3 US cents after losing 0.03 of a US cent trading 38,000 shares and Sygnus Credit Investmentslost 0.01 of a US cent to close at 14 US cents with 8,900 shares changing hands.

TTSE index falls – Wednesday

Market activity on the Trinidad & Tobago Stock Exchange ended on Wednesday with trading in 14 securities against 16 on Tuesday, with 7 stocks advancing, 4 declining and 3 remaining unchanged.
At the close of the market, the Composite Index lost 3.75 points to end at 1,410.57. The All T&T Index declined 5.63 points to 1,750.71, while the Cross Listed Index shed 0.25 points to close at 145.14.
Trading ended with 481,051 shares at a value of $21,523,738, compared to 152,481 shares at a value of $1,582,239 on Tuesday.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended at 4 stocks with bids higher than their last selling prices and 3 with lower offers.
Gains| First Citizens Bank closed with an increase of 5 cents and settled at $40.25, after exchanging 1,776 shares, Grace Kennedy added 1 cent and ended at $3.31, with 9,009 units crossing the exchange, JMMB Group ended trading of 29,380 shares with a rise of 5 cents at $2.15. Massy Holdings added 10 cents to close at $54.65, after exchanging 300,000 shares, Sagicor Financial rose 8 cents and completed trading of 32,352 stock units at $10.60, Scotiabank gained 6 cents and ended at $59.19, with 53,140 units crossing the exchange and Trinidad & Tobago NGL exchanged 912 units and gained 15 cents to close at $25.85.
Losses| National Enterprises closed with a loss of 10 cents and ended at $5.60, with 307 units crossing the exchange, National Flour closed 6 cents down after exchanging 4,351 shares to close at a 52 weeks’ low of $1.50. Republic Financial shed 76 cents and concluded trading at $121.99, with 2,050 units and West Indian Tobacco dropped $1.49 and completed an exchange of 1,492 units at $104.51.
Firm Trades| Clico Investment Fund ended at $24.10 with 28,187 units changing hands, Guardian Holdings ended at $18.35, after exchanging 18,055 shares and Trinidad Cement closed at $2.10, with 40 stock units trading.

Prices of securities trading are those at which the last trade took place.