More gains than losses on TTSE – Thursday

February 21, 2019 by

Market activity on the Trinidad & Tobago Stock Exchange ended on Thursday with trading in 14 securities against 15 on Wednesday, with 6 advancing, 4 declining and 4 remaining unchanged.
The Composite Index lost 0.63 points to close 1,311.25. The All T&T Index rose 2.77 points to 1,716.45, while the Cross Listed Index declined 0.56 points to close at 122.39.
Trading ended with 217,203 shares with a value of $3,760,569 compared to 479,923 shares with a value of $10,071,918 on Wednesday.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended at 5 stocks with bids lower than their last selling prices and 2 with lower offers.
Stocks closing with gains| First Citizens finished 1 cent higher at $34.51, trading 1,107 shares, Republic Financial Holdings jumped $1.37 to close at $110, in exchanging 2,089 shares, Sagicor Financial added 3 cents to close at $9.98, after trading 6,300 shares. Scotiabank gained 13 cents and ended at $63.63, with just 31 stock units changing hands, Trinidad Cement rose 5 cents and settled at $2.55, in exchanging 6,412 shares and West Indian Tobacco rose just 1 cent to close at a 52 weeks’ high of $96.01, with 1,660 stock units changing hands.
Stocks closing with losses| Angostura Holdings lost 3 cents to complete trading of 200 shares at $16, Clico Investments closed with a loss of 5 cents at $20.15, with 110,102 stock units changing hands, First Caribbean International Bank lost 15 cents in closing at $8.35 with 15,596 shares changing hands and Trinidad & Tobago NGL lost 40 cents trading of 19,059 units at $29.60.
Stocks closing firm | Grace Kennedy traded 21,600 shares to end at $3.10, Guardian Holdings traded 969 units at $18, JMMB Group close trading of 27,980 shares at $1.80 and Massy Holdings closed at $48.01, after exchanging 4,098 shares.

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

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , ,

Carib Cement jumps $8 to $51 – Wednesday

February 20, 2019 by

Caribbean Cement an IC Insider.com TOP 10 BUY RATED stock jumped a sharp $7.99 to close at $51 in response to the company reporting a big 122 percent jump in profit for 2018 over 2017.
Profit after tax moved from $1.11 billion in 2017 to $2.47 billion from an increase in revenues of just 6.4 percent, to $17.57 billion.
The main market of the Jamaica Stock Exchange ended with JSE All Jamaican Composite Index climbing 3,366.43 points to 424,790.44 and the JSE Index advancing 3,059.10 points to close at 387,011.75.
At the close market activity, the main and US markets traded 33 securities, compared to 38 securities trading on Tuesday, 9 advanced, 13 declined and 11 traded with unchanged prices.
Main market activity ended with 6,849,263 units valued $129,072,474, compared to 15,805,801 units valued at $87,341,139 changing hands, on Tuesday.
An average of 228,309 units valued at an average of $4,302,416 for each security traded, in contrast to 451,594 units valued at an average of $2,495,461 on Tuesday. The average volume and value for the month to date, amounts to 318,762 shares with a value of $13,014,911 and previously, 325,058 shares with a value of $13,668,348. Trading for January resulted in an average of 101,980 units, valued at $3,042,494, for each security traded.
JMMB Group 7.25% preference share led trading with 1,863,840 shares for 27 percent of the day’s volume, JMMB Group ordinary share was next with 1,588,456 shares, accounting for 23 percent of the total main market volume changing hands and Wisynco Group ended with 548,081 shares, for 8 percent of the day’s volume.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 7 stocks ending with bids higher than their last selling prices and 3 stocks closed with lower offers.
In main market activity, Barita Investments gained 49 cents trading 71,190 shares, to close at $48.50, Berger Paints rose 50 cents to end at $20, with an exchange of 1,387 stock units, Caribbean Cement exchanged 347,372 shares, to end at $51 after jumping $7.99.  Grace Kennedy  traded 24,003 stock units and rose 99 cents to end at $59.99, Kingston Wharves dropped $1.20 to close at $75.80, with 6,198 units changing hands, NCB Financial  lost 45 cents to close at $144.50, with an exchange of 118,906 shares. PanJam Investment  fell 89 cents to end at $76.10, exchanging 16,747 shares, Scotia Group gained 93 cents and ended trading of 22,820 stock units, at $53.93 and Seprod rose $1 trading 174,703 shares at $47.
Trading in the US dollar market resulted in 2,032,362 units valued US$237,397 changing hands.  Proven Investments traded 54,975 units, with the price closing at 22 US cents, Sterling Investments traded 10,000 units at 0.0385 US cents and Sygnus Credit Investments ended with 18,300 units trading unchanged at 9 US cents. The JSE USD Equities Index lost 5.30 points to close at 168.80.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , ,

TTSE slips – Wednesday

February 20, 2019 by

TTSE local based stocks seem to have settled after a long decline and been inching forward since late 2018.

Market activity on the Trinidad & Tobago Stock Exchange ended on Wednesday with trading in 15 securities against 18 on Tuesday, with 4 advancing, 5 declining and 6 remaining unchanged.
At close of the market, the Composite Index lost 0.86 points to 1,311.88. The All T&T Index fell 2 points to 1,713.68, while the Cross Listed Index gained 0.04 points to close at 122.95.
Trading ended with 479,923 shares with a value of $10,071,918 compared to 253,953 shares at a value of $2,107,552 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 2 with lower offers.
Stocks closing with gains| Clico Investments closed with a gain of 1 cent at $20.20, with 185,796 stock units changing hands, First Citizens finished 18 cents higher at $34.50, trading 300 shares, JMMB Group rose 5 cents, to close trading of 128,449 shares at $1.80 and Republic Financial Holdings increased 13 cents to close at $108.63, in exchanging 4,190 shares.
Stocks closing with losses| Ansa Mcal lost 24 cents and completed trading of 474 units at $55, Massy Holdings fell 49 cents to close at $48.01, after exchanging 55,797 shares. NCB Financial Group lost 1 cent and settled at $8.39, after exchanging 3,583 shares, Trinidad & Tobago NGL lost 16 cents and completed trading of 79,448 units, at $30, Sagicor Financial shed 3 cents to close at $9.95, after exchanging 10,190 shares.
Stocks closing firm | Guardian Holdings traded 138 units at $18, National Enterprises traded just 50 shares at $8, National Flour completed trading with 3,000 units at $1.65, Scotiabank  ended at $63.50, with 5,703 stock units changing hands, Trinidad Cement settled at $2.50, after exchanging 2,605 shares and West Indian Tobacco closed at $96, with 200 stock units changing hands.

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

 

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , , , ,

Seprod jumps $7 to $46 – Tuesday

February 19, 2019 by
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Seprod jumped $7.01 to close at $46.

Seprod an IC Insider.com Stock to Watch, for the week, jumped a sharp $7.01 to close at $46 after hitting $47 during the trading session, in trading 69,936 shares, in response to the company reporting a big jump in profit for 2018.
Profit after tax moved from $735 million in 2017 to $1.276 billion from an increase in revenues of 48 percent to $24.4 billion with profit rising over 2,000 percent to $304 million in the December quarter, from a doubling in revenues.
Trading on the main market of the Jamaica Stock Exchange ended as JSE All Jamaican Composite Index increased by 3,739.64 points to 421,424.01 and the JSE Index advanced 3,398.24 points to 383,952.65.
At the close market activity, the main and US markets traded 38 securities, compared to 34 securities trading on Monday, with 15 advanced, 13 declined and 10 traded with prices unchanged.
Main market activity ended with, 15,805,801 units valued at $87,341,139 compared to 4,631,898 units valued $132,673,939 changing hands, on Monday.
An average of 451,594 units valued at an average of $2,495,461 for each security traded. In contrast to 149,416 units for an average of $4,279,804 on Monday. The average volume and value for the month to date, amounts to 325,058 shares with a value of $13,668,348 and previously, 313,874 shares with a value of $14,739,721. Trading for January resulted in an average of 101,980 units, valued at $3,042,494, for each security traded.
JMMB Group 7.25% preference share led trading with 11,919,446 shares for 75.4 percent of the day’s volume, Pulse Investments was next with 901,239 shares, accounting for 5.7 percent of the total main market volume changing hands and Ciboney ended with 607,166 shares, for 3.8 percent of the day’s volume.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 4 stocks ending with bids higher than their last selling prices and 3 stocks closed with lower offers.
In main market activity, Barita Investments declined by $1.49 trading 99,034 shares, to close at $48.01, Berger Paints fell 50 cents to end at $19.50, with an exchange of 4,506 stock units, Caribbean Cement exchanged 24,981 shares but fell 49 cents, to end at $43.01, Grace Kennedy traded 20,001 stock units with a fall of $1.99 to end at $59. Jamaica Stock Exchange rose 35 cents to close at $17.50, with 134,109 shares trading. JMMB Group lost 25 cents trading of 82,352 shares at $31.75, Kingston Wharves jumped $1.90 to close at $77, with 1,112 units changing hands, Pulse Investments lost 25 cents to close at $2.90, with an exchange of 901,239 shares. Radio Jamaica rose 24 cents and settled at $1.24, with 366,704 shares, Sagicor Group climbed $1.50 and ended trading of 48,877 stock units at $40, Salada Foods jumped 57 cents trading 8,199 shares at $35, Stanley Motta rose 80 cents to end at $5, with an exchange of 5,850 shares. Sygnus Credit Investments gained 70 cents to end at $13 with an exchange of 24,206 shares and another Stock to Watch, Wisynco Group  gained 80 cents and ended trading of 194,598 shares at $11.80.
Trading in the US dollar market resulted in 83,275 units valued at US$14,233 units changing hands.  Proven Investments gained 1 cent in trading 54,975 units, with the price closing at 22 US cents, Sterling Investments traded 10,000 units at 0.0385 US cents and Sygnus Credit Investments ended with 18,300 units trading unchanged at 9 US cents. The JSE USD Equities Index advanced by 3.01 points to close at 174.10.

Filed Under: Feature Stories, JSE Junior Market, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

TTSE moving on up – Tuesday

February 19, 2019 by

Market activity on the Trinidad & Tobago Stock Exchange ended on Tuesday with trading in 18 securities against 18 on Monday, with 6 advancing, 4 declining and 8 remaining unchanged and ending in 3 closing at 52 weeks’ highs.
At close of the market, the Composite Index gained 0.89 points to 1,312.74. The All T&T Index added 1.83 points to 1,715.68, while the Cross Listed Index declined 0.01 points to close at 122.91.
Trading ended with 253,953 shares at a value of $2,107,552, compared to 201,241 shares on Monday valued at $1,484,911.
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.
Stocks closing with gains| First Citizens finished 9 cents higher and settled at $34.32, after exchanging 380 shares, LJ Williams B share gained 3 cents and settled at a 52 weeks’ high of 78 cents, after exchanging 10,638 shares, Massy Holdings added 50 cents to close at a 52 weeks’ high of $48.50, after exchanging 1,100 shares. Republic Financial Holdings increased 35 cents and settled at $108.50, after exchanging 314 shares, Trinidad & Tobago NGL rose 8 cents and completed trading of 5,112 units, at $30.16 and West Indian Tobacco closed with a gain of 25 cents and ended at a 52 weeks’ high of $96, with 3,123 stock units changing hands.
Stocks closing with losses| Clico Investments closed with a loss of 1 cent at $20.19, with 14,631 stock units changing hands, One Caribbean Media fell 5 cents to end at $10.35, after exchanging 27,582 shares, Sagicor Financial shed 2 cents to close at $9.98, after exchanging 10,800 shares and Scotiabank lost 15 cents and ended at $63.50, with 4,301 stock units changing hands.
Stocks closing firm | Ansa Mcal completed trading of 30 units at $55.24, First Caribbean International Bank exchanged 911 units, at $8.50, Grace Kennedy ended at $3.10, with 12,989 stock units changing hands, JMMB Group closed trading at $1.75, after exchanging 50,000 shares. National Flour completed trading with 60,500 units at $1.65, NCB Financial Group settled at $8.40, after exchanging 29,405 shares, Prestige Holdings completed trading with 8,809 units at $7.35 and Trinidad Cement settled at $2.50, after exchanging 13,328 shares.

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

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , , , , ,

JSE majors eke out more gain – Monday

February 18, 2019 by

Trading on the main market of the Jamaica Stock Exchange ended on Monday with JSE All Jamaican Composite Index increasing 271.71 points to 417,684.37 and the JSE Index advancing by 247.29 points to 380,554.41.
At the close market activity, the main and US markets traded 34 securities, compared to 39 securities trading on Friday, with 11 advanced, 11 declined and 12 traded firm.
Main market activity ended with, 4,631,898 units valued $132,673,939 changing hands, compared to 3,327,691 units valued at over $215,403,267 on Friday.
JMMB Group 7.50% preference share led trading with 1.5 million shares for 32 percent of the day’s volume, Grace Kennedy was next with 800,533 shares, accounting for 17 percent of the total main market volume changing hands and PANJAM Investment ended with 513,612 shares, for 11 percent of the day’s volume.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 9 stocks ending with bids higher than their last selling prices. There was no stock closing with a lower offer.
An average of 149,416 units valued $4,279,804, in contrast to 97,873 units valued at $6,335,390 on Friday. The average volume and value for the month to date, amounts to 313,874 shares with a value of $14,739,721 and previously, 327,842 shares with a value of $15,710,552. Trading for January resulted in an average of 101,980 units, valued at $3,042,494, for each security traded.
In main market activity, Caribbean Cement exchanged just 250 shares but rose 50 cents, to end at $43.50, Grace Kennedy traded 800,533 stock units with a gain of $2.49 to end at $60.99, Jamaica Producers rose 50 to close at $23, with 12,986 shares trading, Jamaica Stock Exchange fell 35 cents to close at $17.15, with 326,652 shares trading. JMMB Group rose 30 cents trading of 20,416 shares at $32, Kingston Wharves lost 90 cents to close at $75.10, with 5,100 units changing hands, Mayberry Investments added $1 and ended trading of 22,800 shares, at $9.05, Pulse Investments rose 35 cents to finish at $3.15, with an exchange of 7,396 shares. Salada Foods jumped $1.43 trading 750 shares at $34.43, Stanley Motta shed 47 cents to end at $4.20, with an exchange of 10,000 shares and Sygnus Credit Investments gained 80 cents to end at $12.30 with an exchange of 13,844 shares.
Trading in the US dollar market resulted in 45,740 units valued at $5,803 changing hands.  JMMB Group 6% preference share concluded trading of 1,300 units at $1.04, Margaritaville  traded 1,000 shares at 24 US cents, Proven Investments fell 0.99 cent in trading 10,440 units, with the price closing at 21 US cents and Sygnus Credit Investments ended with 34,300 units trading at 9 US cents after falling 2 cents. The JSE USD Equities Index lost 4.29 points to close at 171.09.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , ,

TTSE stock gaining strength – Monday

February 18, 2019 by

Market activity on the Trinidad & Tobago Stock Exchange ended on Monday with trading in 18 securities against 16 on Friday, with 9 advancing, 0 declining and 9 remaining unchanged as market momentum continues to build.
At close of the market, the Composite Index gained 2.26 points to 1,311.85. The All T&T Index added 3.21 points to 1,713.85, while the Cross Listed Index rose 0.18 points to close at 122.92.
Trading ended with 201,525 shares at a value of $1,484,911, compared to 1,040,596 shares on Friday valued at $21,396,035.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended at 7 stocks with bids than their last selling prices and 2 with lower offers.
Stocks closing with gains | Ansa Mcal finished trading 25 shares after gaining 4 cents to close at $55.24, Ansa Merchant Bank rose 50 cents and settled at $38.50, after exchanging 500 shares, Calypso Macro Index Fund rose 48 cents and completed trading of 284 stock units at $14. First Citizens rose just 1 cent to settle at $34.23, after exchanging 2,169 shares, JMMB Group finished 4 cents higher at $1.75, exchanging 1,241 shares LJ Williams B share concluded trading of 118,000 shares and gained 5 cents to end at 75 cents. Republic Financial Holdings added 15 cents and settled at $108.15, in exchanging 150 shares and Sagicor Financial gained 1 cent and concluded trading of 25,398 shares at $10, Trinidad & Tobago NGL rose 38 cents and completed trading of 4,419 at $30.08.
Stocks closing firm | Clico Investments ended at $20.20, with 22,307 stock units changing hands, First Caribbean International Bank completed trading at $8.50, with 714 units, Grace Kennedy ended at $3.10, with 616 stock units changing hands, Massy Holdings ended at $48, after exchanging 1,300 shares. National Flour completed trading at $1.65, with 1,350 units, NCB Financial Group settled at $8.40, after exchanging 20,000 shares, Prestige Holdings completed trading at $7.35, with 100 units, Scotiabank ended at $63.65, with 2,552 stock units changing hands and West Indian Tobacco ended at $95.75, with 400 stock units changing hands.

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

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , , , , , ,

JSE main market gaining momentum

February 15, 2019 by

JSE main market moving higher with strong support from resistance level (Red Line) going back to 2016

Trading on the main market of the Jamaica Stock Exchange ended on Friday with JSE All Jamaican Composite Index jumping 2,500.28 points to 417,412.66 and the JSE Index climbing by 2,275.58 points to 380,307.12.
At the close market activity, the main and US markets traded 39 securities, compared to 32 securities trading on Wednesday, with 18 advanced, 13 declined and 8 traded firm.
Main market activity ended with, 3,327,691 units valued at $215,403,267 changing hands, compared to 20,917,776 units valued at $2,473,285,188 on Thursday.
Eppley, Jamaica Stock Exchange and 138 Student Living preference share closed trading at 52 weeks highs but PanJam Investment traded at a 52 weeks’ intraday high of $82 but fell back by the close.
NCB Financial Group led trading for the second consecutive day with 1,062,496 shares for 32 percent of the day’s volume, Radio Jamaica was next with 672,252 shares, accounting for 20 percent of the total main market volume changing hands and Jamaica Broilers ended with 336,124 shares, for 10 percent of the day’s volume.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 9 stocks ending with bids higher than their last selling prices and 2 closing with lower offers.
An average of 97,873 units valued at $6,335,390, in contrast to 674,767 shares valued at $79,783,393 on Thursday. The average volume and value for the month to date, amounts to 351,464 shares with a value of $16,773,070 and previously, 318,056 shares with a value of $9,511,657. Trading for January resulted in an average of 101,980 units, valued at $3,042,494, for each security traded.
In main market activity, Barita Investments lost $1.10 in closing at $49.50 in trading 167,000 shares, Berger Paints fell 50 cents to end at $20, with 18,072 stock units trading, Caribbean Cement exchanged 40,126 shares with a loss of 50 cents, to end at $43. Eppley climbed $3.90 and ended trading of 1,000 shares, at a 52 weeks’ high of $13, Grace Kennedy traded 6,862 stock units with a gain of 50 cents to end at $58.50, Jamaica Producers rose 50 to close at $22.50, with 7,370 shares trading, Jamaica Stock Exchange ended at a 52 weeks’ closing high of $17.50, with 83,338 shares trading. JMMB Group lost $1.30 in trading of 19,904 shares at $31.70, Kingston Wharves rose $1 to close at $76, with 1,589 units changing hands, Mayberry Investments lost 85 cents and ended trading of 6,119 shares, at $8.05, 138 Student Living lost 30 cents trading 25,200 shares at $5.50. PanJam Investment fell 50 cents trading 19,320 units to close at $79.50 after hitting earlier a 52 weeks high of $82, Sagicor Group gained $1 and ended trading 53,548 stock units at $38.50, Salada Foods rose 50 cents trading 5,200 shares at $33. Scotia Group rose $1.99 trading 5,498 shares at $53.99, Stanley Motta shed 33 cents to end at $4.67, with an exchange of 2,000 shares, Sygnus Credit Investments dipped 50 cents to end at $11.50 with an exchange of 88,000 shares and Wisynco Group gained 35 cents and concluded trading of 43,108 shares at $11.
Trading in the US dollar market resulted in 152,096 units valued at US$31,930 changing hands.  JMMB Group 6% preference share concluded trading of 1,300 units at $1.04, Margaritaville traded 3,895 shares at 24 US cents, Proven Investments traded 129,301 units, with the price closing at 21.99 US cents, Sterling Investments trading 10,000 units to close at 4 us cents and Sygnus Credit Investments ended with 7,600 units trading at 11 US cents after falling 1 cent. The JSE USD Equities Index rose 0.33 points to close at 175.38.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Trading picks up on TTSE – Friday

February 15, 2019 by

Market activity on the Trinidad & Tobago Stock Exchange ended on Friday with 16 securities trading against 18 on Thursday, with 3 advancing, 4 declining and 9 remaining unchanged.
t close of the market, the Composite Index lost 0.64 points to 1,309.59. The All T&T Index rose 0.06 points to 1,710.64, while the Cross Listed Index fell 0.19 points to end at 122.74.
Trading ended with 1,040,636 shares at a value of $21,396,035 changing hands, compared to 414,470 shares on Thursday valued at $4,718,365.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended at 6 stocks with bids higher than their last selling prices and 3 with a lower offer.
Stocks closing with gains | Clico Investments gained 6 cents and ended at $20.20, with 18,111 stock units changing hands, Scotiabank added 1 cent to close at $63.65, with 1,571 traded and Trinidad & Tobago NGL increased 20 cents to $29.70, with 3,450 units changing hands.
Stocks closing with losses| Calypso Macro Index Fund fell 48 cents and completed trading of 40 stock units at $13.52, JMMB Group closed with a loss of 4 cents at $1.71, after exchanging 7,639 shares. Sagicor Financial fell 1 cent and concluded trading of 2,650 shares, at $9.99 and Trinidad Cement lost 5 cents and settled at $2.50, after exchanging 1,759 shares.
Stocks closing firm | Agostini’s concluded trading of 833,157 shares at $23.30, Ansa Mcal completed trading of 5,000 units, at $55.20, CinemaOne, the sole small enterprise listed company, traded 150 units to close at $9.95, Grace Kennedy ended at $3.10, with 79,725 stock units changing hands, Guardian Holdings completed trading of 12,174 units at $18. Massy Holdings exchanged 335 shares at $48, National Enterprises ended at $8, with 74,053 stock units changing hands, National Flour completed trading of 200 units at $1.65 and Unilever Caribbean ended the day at $25.50, after exchanging 772 shares.

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

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , , ,

Valentine’s gift for JSE investors – Thursday

February 14, 2019 by

NCB Financial traded 16.55m shares on the JSE on Thursday.

Gains in 15 stocks against 9 with losses sent the main market of the Jamaica Stock Exchange surging at the end of trading on Thursday. NCB Financial traded more than $16.5 million shares but had little impact on the indices.
At the close, the JSE All Jamaican Composite Index jumped 5,188.44 points to 414,912.38 and the JSE Index surged 4,722.16 points to 378,031.54.
The main and US markets traded 32 securities, compared to 35 securities trading on Wednesday, with Jamaica Stock Exchange and Wisynco Group trading at 52 weeks intraday highs but PanJam Investments ended at a 52 weeks’ closing high as supply of the stock is very limited.
Main market activity ended with, 20,917,776 units valued at $2,473,285,188 changing hands, compared to 9,650,019 valued at $141,880,042 on Wednesday.
NCB Financial Group led trading with 16.55 million shares for 79 percent of the day’s volume, Wisynco Group was next with 1,492,528 shares, accounting for 7 percent of the total main market volume changing hands and Radio Jamaica ended with 944,409 shares, for 4.5 percent of the day’s volume.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 13 stocks ending with bids higher than their last selling prices and 3 closing with lower offers.
An average of 674,767 units valued at $79,783,393 compared to 292,425 units valued at an average of $4,299,395 for each security traded, on Wednesday. The average volume and value for the month to date, amounts to 351,464 shares with a value of $16,773,070 and previously, 318,056 shares with a value of $9,511,657. Trading for January resulted in an average of 101,980 units, valued at $3,042,494, for each security traded.
In main market activity, Barita Investments rose 60 cents to close at $50.60, in trading 4,169 shares, Berger Paints jumped $1 to end at $20.50, with 4,755 stock units trading, Caribbean Cement finished with a gain of 35 cents to end at $43.50, with an exchange of 9,975 shares. Grace Kennedy traded 82,237 stock units but lost $1.50 to end at $58, Jamaica Broilers finished trading 58,596 shares and lost 30 cents to end at $33.50, Jamaica Producers fell 41 to close at $22, with 26,953 shares trading, JMMB Group gained 25 cents in concluded trading of 408,504 shares at $33,. Kingston Wharves rose $4 to close at $75, with 23,515 units changing hands, 183 Student Living rose 80 cents trading 1,100 shares at $5.80. PanJam Investment  jumped $4.99 in ending at a 52 weeks closing high of $80, trading 48,795 units, Sagicor Group  gained 40 cents and ended trading 153,890 stock units at $37.50,  Scotia Group added 75 cents trading 20,694 shares at $52,  Stanley Motta  gained 50 cents to end at $5, with an exchange of 31,684 shares. Sygnus Credit Investments rose $1.20 to end at $12 with an exchange of 41,700 shares, Victoria Mutual Investments  rose 35 cents to settle at $4.05, with 30,867 shares changing hands and Wisynco Group fell 25 cents and concluded trading of 1,492,528 shares $10.65, after trading at a 52 weeks’ intraday high of $12. Trading over the past 4 days have significantly dried up supply of the stock.
Trading in the US dollar market resulted in 36,975 units valued at US$8,057 changing hands with Proven Investments being the sole stock trading, with the price closing at 21.99 US cents. The JSE USD Equities Index fell 0.79 points to close at 175.05.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , ,