Buying of VM Investments & Wisynco eases

JMMB Group 7.5% preference shares was the most traded stock on the JSE on Friday.

Demand for shares in newly listed Victoria Mutual Investments and Wisynco Group slipped back in trading on the main market of the Jamaica Stock Exchange on Friday to under 1 million units combined and thy fell to 5th and 6th spots in volumes traded.
Market activity ended on Friday with 22 securities changing hands from 29 on Thursday, of which 9 advanced, 11 declined an 5 traded firm leading to Market activity ended with 5,850,045 shares valued at $76,630,033 changing hands.
At the close of the market the JSE All Jamaican Composite Index declined by 26.30 points to 311,724.51 and the JSE Index fell by 23.96 points to 284,016.29.
In main market activity, Cable & Wireless concluded trading 3 cents higher at $1.35, with 717,043 units, Carreras finished 7 cents higher at $11.37, with 89,636 shares,Caribbean Cement settled at $35, with 1,500 shares, Grace Kennedy traded at $43.45, with 3,391 stock units, Jamaica Broilers finished trading with a loss of 2 cents at $17.50, with 230,169 units. Jamaica Producers closed with a loss of $1.50 at $16.50, with 12,700 shares, Jamaica Stock Exchange ended at $7, with 24,145 shares,
JMMB Group concluded trading $1 higher at $26, with 35,219 shares trading, Kingston Properties finished 1 cent higher at $6.01, with 2,444 stock units. Kingston Wharves jumped $3.42 to $33.50, with 1,016 units, Mayberry Investments ended trading 28 cents higher at $6.05, with 51,446 shares, NCB Financial Group traded at $99.80, with 59,009 shares, 1834 Investments finished trading 5 cents higher at $1.20, with 4,504 shares. Radio Jamaica rose 5 cents to close at $1.10, with 5,000 shares, Sagicor Group ended trading with a loss of 50 cents at $35, with 311,149 stock units, Salada Foods traded $1.50 higher at $12.50, with 220 units, Scotia Group finished trading with a loss of $2.99 to close at $50, with 637,638 shares. Seprod closed with a rise of $1.50 to $30, with 6,597 shares, Supreme Ventures concluded trading 25 cents higher at $11.25, with 1,101,640 stock units, VM Investments Limited finished with a loss of 10 cents at $4, with 462,166 units and Wisynco Group settled 15 cents higher at $10.65, with 433,313 shares. In the main market preference segment, JMMB Group 7.5% closed with a loss of 3 cents at $1.15, with 1,660,100 shares.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “Main market almost steady – Friday.”

Witco recovers $3.99 on Friday

Trading activity on the Trinidad & Tobago Stock Exchange may be getting a lift with the price of oil on the world market having risen to the $60 region, this seems to be helping the market to exhibit more positive tones since the start of the year.
At close of trading on the market on Friday, 14 securities changed hands against 17 on Thursday, with 6 stocks advancing, 1 declining and 7 remaining unchanged.
At close the Composite Index gained 3.24 points on Friday to end at 1,277.01, the All T&T Index rose 7.63 points to 1,713.52, while Cross Listed Index shed 0.17 points to close at 113.41.
Market activity ended with 674,993 shares with a value of $11,049,643 traded, compared to 295,409 shares with a value of $3,238,095 on Thursday.

West Indian Tobacco jumps $3.99 on friday.

IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 2 stocks ended with bids higher than their last selling prices and 6 with lower offers.
Gains| Clico Investments ended trading with an increase of 1 cent to end at $21.01, trading 7,587 units, First Citizens concluded trading and rose 1 cent close at $32.01, trading 121,850 shares valued $, Grace Kennedy added 15 cents and finished at 52 weeks; high of $3.30, with 27,500 units, Scotiabank increased 2 cents and concluded trading at $60.52, with 5,000 stock units, Trinidad Cement rose 10 cents and finished at $3.85, trading 53,188 shares and West Indian Tobacco recovered $3.99 of the $5 loss on Thursday and ended at $88.99, with 1,110 stock units trading.
Losses| First Caribbean International Bank lost 15 cents and finished at $9.15, trading 9,000 shares valued at $3,900,425.
Firm Traded| Guardian Holdings ended at $17.05, trading 239,592 shares valued at $4,085,309, JMMB Group finished trading at $1.81, with 41,046 stock units changing hands, Massy Holdings concluded at trading at $48, with 435 stock units, NCB Financial Group closed trading at $6.75, exchanging 124,461 shares with a value of $840,111, Republic Financial Holdings finished trading at $101.51, with 3,900 stock units valued at $395,865, Sagicor Financial ended at $7.90, with 14,733 units changing hands and Trinidad & Tobago NGL ended with $26.50, with 25,591 units carrying a value of $678,162 being exchanged.
Prices of securities trading for the day are those at which the last trade took place.

Demand rise for VM Investments & Wisynco

VM Investments volume rose on thursday.

Demand for shares in newly listed Victoria Mutual Investments and Wisynco Group rose trading on the main market of the Jamaica Stock Exchange to more than 2.645 million units with the prices of both rise at the close.
Market activity ended on Thursday with 28 securities changing hands up from 22 on Wednesday, of which 9 advanced, 10 declined, 9 traded firm leading to 4,616,878 shares valued at $176,039,060 changing hands.
At the close of the market the JSE All Jamaican Composite Index leapt 1,681.33 points to 311,750.81 and the JSE Index rose 1,220.52 points to 282,508.36.
In main market activity, Barita Investments ended with a loss of 60 cents at $7.90, with 2,466 stock units, Berger Paints closed $1.49 higher at $18, with 19,967 shares, Cable & Wireless concluded trading at $1.32, with 63,275 units, Carreras finished 24 cents higher at $11.30, with 131,538 shares, Caribbean Cement jumped $2.50 to close at $35, with 24,777 shares. Grace Kennedy traded 45 cents higher at $43.45, with 4,152 stock units, Jamaica Broilers finished trading with a loss of 48 cents at $17.52, with 750,362 units, Jamaica Producers closed $1.50 higher at $18, with 21,873 shares, JMMB Group concluded trading with a loss of 11 cents at $25, with 59,672 shares. Kingston Properties finished at $6, with 3,698 stock units, Kingston Wharves settled with a loss of $1.42 at $30.08, with 22,061 units, Mayberry Investments ended trading with a loss of 93 cents at $5.77, with 39,335 shares, NCB Financial Group traded at $99.80, with 38,998 shares. 1834 Investments finished trading with a loss of 12 cents at $1.15, with 55,000 shares, PanJam Investment ended $2.73 higher at $41.25, with 3,225 units, Radio Jamaica settled with a loss of 5 cents at $1.05, with 47,500 shares, Sagicor Group ended trading with a loss of 1 cent at $35.50, with 10,972 stock units, Sagicor Real Estate Fund finished trading at $14, with 23,200 stock units, Salada Foods traded at $11, with 5,000 units, Scotia Group finished trading at $52.99, with 122,416 shares, Seprod concluded trading with a loss of $1.50 at $28.50, with 1,257 stock units, Sterling Investments finished at $13, with 22,451 units. Supreme Ventures settled with a loss of 60 cents at $11, with 311,151 shares, VM Investments Limited ended trading 11 cents higher at $4.10, with 893,653 shares, Wisynco Group traded 50 cents higher at $10.50, with 1,751,629 shares and In the main market preference segment, Jamaica Public Service finished at $1,302, with 93,000 shares, Jamaica Money Market traded 93,150 stock units 20 cents higher at $ and JMMB Group closed with a loss of 1 cent at $1.18, trading 1,100 shares.

Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “Main market make big gains – Thursday.”

Volume climbs for VM Investments and Wisynco

Victoria Mutual Investments and Wisynco Group dominated trading with nearly 1 million shares trading for each company on the main market of the Jamaica Stock Exchange as investor cnt seem to get enough of these companies.
Market activity ended on Wednesday with 22 securities changing hands, of which 9 advanced, 8 declined, 5 traded firm leading to 3,008,815 shares valued at $51,707,605 changing hands.
At the close of the market the JSE All Jamaican Composite Index fell 1,339.60 points to 310,069.48 and the JSE Index lost 1,220.52 points to 282,508.36.
In main market activity, Berger Paints closed at $16.51, with 100 shares, Cable & Wireless concluded trading at $1.32, with 190,904 units, Carreras finished 1 cent higher at $11.06, with 102,578 shares, Caribbean Cement settled with a loss of 1 cent at $32.50, with 1,255 shares, Ciboney Group ended trading with a loss of 1 cent at 34 cents, with 1,200 shares. Grace Kennedy traded with a loss of 36 cents at $43, with 36,813 stock units, Jamaica Broilers finished trading 50 cents higher at $18, with 40,566 units, Jamaica Producers closed at $16.50, with 7,650 shares, Jamaica Stock Exchange ended 5 cents higher at $7, with 21,400 shares. JMMB Group concluded trading 38 cents higher at $25.11, with 35,034 shares, Kingston Properties finished at $6, with 5,694 stock units, NCB Financial Group traded 23 cents higher at $99.80, with 69,739 shares, 1834 Investments finished trading at $1.27, with 496 shares. PanJam Investment ended with a loss of 62 cents at $38.52, with 17,275 units, Radio Jamaica settled 5 cents higher at $1.10, with 20,500 shares, Sagicor Group ended trading 50 cents higher at $36.50, with 65,692 stock units, Scotia Group finished trading $2.75 higher at $52.99, with 438,944 shares. Seprod closed $1 higher at $30, with 8,476 shares, Supreme Ventures concluded trading 11 cents higher at $11.60, with 74,120 stock units, VM Investments Limited finished with a loss of 6 cents at $3.99, with 864,709 units, Wisynco Group settled with a loss of 10 cents at $10, with 981,918 shares and Sagicor Real Estate Fund ended trading with a loss of 25 cents at $14, with 23,752 shares.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see Main market lost more ground – Wednesday.

Wisynco volume slips below 500,000 shares

One of the Sagicor Real Estate Fund properties.

Recent listings, Victoria Mutual Investments and Wisynco Group continue to be amongst the three leading trades in the main market of the Jamaica Stock Exchange on Tuesday, with the two being bettered, by Sagicor Real Estate Fund with over 874,000 shares.
Market activity ended with 23 securities changing hands, of which 6 advanced, 11 declined, 7 traded firm leading to 2,769,195 shares valued at $33,208,767 changing hands.
At the close of the market the JSE All Jamaican Composite Index fell 751.79 points to 311,409.08 and the JSE Index lost 684.96 points to end at 283,728.88.
In main market activity, Berger Paints closed with a loss of 49 cents at $16.51, with 23,275 shares, Cable & Wireless concluded trading at $1.32, with 159,543 units, Carreras finished with a loss of 24 cents at $11.05, with 109,027 shares, Caribbean Cement added $1.45 higher at $33.50, with 23,389 shares, Grace Kennedy traded 36 cents higher at $43.36, with 26,180 stock units. Jamaica Broilers finished trading 26 cents higher at $17.50, with 19,596 units, Jamaica Producers closed with a loss of 20 cents at $16.50, with 12,332 shares, Jamaica Stock Exchange ended at $6.95, with 1,663 shares, JMMB Group concluded trading with a loss of 27 cents at $24.73, with 102,431 shares. Kingston Wharves settled at $31.50, with 15,927 units, NCB Financial Group traded 7 cents higher at $99.57, with 20,895 shares, 1834 Investments finished trading at $1.27, with 105,430 shares, PanJam Investment ended with a loss of $2.36 to end at $39.14, with 750 units. Pulse Investments finished with a loss of 20 cents at $1.90, with 36,847 shares, Radio Jamaica settled with a loss of 5 cents at $1.05, with 76,870 shares, Sagicor Group ended trading at $36, with 53,529 stock units, Scotia Group finished trading with a loss of 26 cents at $50.24, with 41,045 shares. Sagicor Real Estate Fund ended trading at $14.25, with 874,293 shares, Seprod closed at $29, with 1,920 shares, Supreme Ventures concluded trading with a loss of 21 cents at $11.49, with 2,060 stock units, VM Investments Limited finished with a loss of 5 cents at $4.05, with 541,728 units and Wisynco Group settled 35 cents higher at $10.10, with 470,131 shares. In the main market preference segment, JMMB Group closed 3 cents higher at $1.19, with 100 shares and in the bond market 4,910 units of ISP Finance corporate bonds traded at $110 each.

Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “Main market stocks lost altitude – Tuesday.”

NCB at a 29% premium in Trinidad

NCB Financial Group ended trading on the Trinidad & Tobago Stock Exchange on Tuesday at $6.75, trading 115,530 stock units for a value of $779,827. The stock is trading at the equivalent of J$129 compared to just under $100 in Jamaica for a premium of 29 percent.
The huge difference may be due to the challenge in getting funds out of the twin island state currently and talk of black market rates as high as $9.50 for one US dollar, in the market.
Market activity ended with all the indices inching higher at the close of trading on the Trinidad & Tobago Stock Exchange on Tuesday, as 13 securities traded on the Trinidad & Tobago Stock Exchange on Tuesday against 16 on Monday.
At close of trading 4 stocks advanced, 2 declined and 7 remained unchanged leading to the Composite Index gaining 0.35 points to 1,276.97. The All T&T Indexrose 0.06 points to 1,712.33, while Cross Listed Indexgained 0.09 points to close at 113.57.
Market activity ended with a mere 336,749 shares with a value of $6,174,390 traded jumping over the 140,320 units on Monday, valued at $1,978,596.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 2 stocks ended with bids higher than their last selling prices and 4 with lower offers.
Gains| Grace Kennedy traded 66,000 units, with gains of 5 cents and closed at a 52 weeks’ high of $3.15, Guardian Holdings finished trading after an increase by 1 cent to end at $17.01, trading 21,326 shares valued at $362,733, National Enterprises closed with an increase of 1 cent to finished at $9.80, with 10 units and Trinidad & Tobago NGL ended trading and rose 2 cents to $26.52, with 1,313 units changing hands.
Losses| Ansa Mcal closed with a fall of 10 cents and ended at $62.39, with 160 units and Republic Financial Holdings finished 8 cents lower to close at $101.50, with 2,581 stock units.
Firm Traded| Clico Investments finished at $21, with 79,486 units valued at $1,669,206, First Citizens ended at $32, trading 5,921 shares, Sagicor Financial ended at $8, with 15,134 units changing hands, Scotiabank ended with 343 stock units trading at $60.50, Unilever Caribbean ended at $28, trading 1,410 shares and West Indian Tobacco finished at $90, with 27,535 stock units with a value of $2,477,952, changing hands.
Prices of securities trading for the day are those at which the last trade took place.

Wisynco still trading more than 1m shares

Recent listings, Victoria Mutual Investments and Wisynco Group remain two of the leading trades in the main market of the Jamaica Stock Exchange on Monday, with Wisynco being the lead trade with VM Investment holding third.
Market activity ended with 23 securities changing hands, of which 9 advanced, 10 declined, 3 traded firm leading to 3,228,645 units valued at $37,292,283 changing hands.
At the close of trading, the JSE All Jamaican Composite Index advanced by 1,863.51 points to 312,160.87 and the JSE Index rose 1,697.87 points to 284,413.84.
In main market activity, Berger Paints closed with a loss of 1 cent at $17, with 10,200 shares, Cable & Wireless concluded trading 2 cents higher at $1.32, with 231,000 units, Carreras finished with a loss of 1 cent at $11.29, with 179,723 shares, Grace Kennedy traded with a loss of 36 cents at $43, with 550 stock units, Jamaica Broilers finished trading with a loss of 26 cents at $17.24, with 17,752 units. Jamaica Producers closed 20 cents higher at $16.70, with 5,850 shares, JMMB Group concluded trading $1.20 higher at $25, with 32,934 shares, Kingston Properties finished with a loss of $1.70 to end at $6, with 1,834 stock units, Kingston Wharves settled 35 cents higher at $31.50, with 3,070 units. Mayberry Investments ended trading with a loss of 30 cents at $6.70, with 82,093 shares, NCB Financial Group traded 48 cents higher at $99.50, with 55,429 shares, 138 Student Living ended at $6, with 767 shares, PanJam Investment ended $1 higher at $41.50, with 1,000 units, Portland JSX concluded trading with a loss of 5 cents at $10.70, with 2,000 shares. Pulse Investments finished 20 cents higher at $2.10, with 27,500 shares, Radio Jamaica settled at $1.10, with 40,084 shares, Sagicor Group ended trading $1 higher at $36, with 5,060 stock units, Scotia Group finished trading at $50.50, with 16,044 shares. Supreme Ventures concluded trading with a loss of 30 cents at $11.70, with 2,000 stock units, VM Investments finished with a loss of 5 cents at $4.10, with 489,507 units, Wisynco Group settled with a loss of 27 cents at $9.75, with 1,107,314 shares and Sagicor Real Estate Fund ended trading 25 cents higher at $14.25, with 916,934 shares.

Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “Main market stocks bounce on Monday.”

VM Investments & Wisynco in demand but

NCB Capital Markets Manager, Stanley Thompson (left) exchanges laughs with Wisynco Group Chairman William Mahfood.

Victoria Mutual Investments and Wisynco Group may not have traded shares in the millions on Jamaica Stock Exchange on Friday but demand placed them at number 2 and 3 in volume traded. 
Demand was such on Friday that they were the second and third highest volume traded in the market accounting for just 977,000 units versus 3.57 million on Thursday.
Market activity ended with 23 securities changing hands, of which 5 advanced, 13 declined, 5 traded firm leading to 3,151,082 units for an average of $55,743,394 changing hands.
At the close of trading, the JSE All Jamaican Composite Index dived 2,332.02 points to 312,808.10 and the JSE Index dropped by 2,124.73 points to 285,003.54.
In main market activity,  Berger Paints closed $1 higher at $18, with 2,410 shares, Barita Investments ended with a loss of 16 cents at $8.50, with 18,715 stock units, Cable & Wireless concluded trading at $1.30, with 210,965 units, Carreras finished with a loss of 5 cents at $11.30, with 160,130 shares, Grace Kennedy traded 36 cents higher at $43.36, with 43,901 stock units. Jamaica Broilers finished trading with a loss of 50 cents at $17.50, with 17,659 units, Jamaica Producers closed with a loss of 20 cents at $16.50, with 6,639 shares, Jamaica Stock Exchange ended at $6.95, with 41,887 shares, JMMB Group concluded trading with a loss of 52 cents at $23.80, with 1,142,852 shares changing hands. Kingston Wharves settled with a loss of $1.85 at $31.15, with 1,271 units, Mayberry Investments ended trading with a loss of 35 cents at $7, with 46,000 shares, NCB Financial Group traded with a loss of 48 cents at $99.02, with 44,706 shares, 1834 Investments finished trading at $1.27, with 620 shares. PanJam Investment ended with a loss of 52 cents at $40.50, with 20,001 units, Pulse Investments finished with a loss of 10 cents at $1.90, with 24,330 shares, Radio Jamaica settled 2 cents higher at $1.10, with 50,600 shares, Sagicor Group ended trading with a loss of 40 cents at $35, with 108,464 stock units. Sagicor Real Estate Fund ended trading at $14, with 4,418 shares, Scotia Group finished trading with a loss of 91 cents at $50.50, with 60,457 shares, Seprod closed with a loss of 95 cents at $29, with 100,120 shares, Supreme Ventures concluded trading at $12, with 67,497 stock units, VM Investments Limited finished 15 cents higher at $4.15, with 403,301 units, Wisynco Group settled 2 cents higher at $10.02, with 574,139 shares.

Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “Main market drops sharply again – Friday.”

Investors still love VM Investments & Wisynco

Wisynco traded 2.47m shares on Thursday

Investors’ appetite for the recently listed Victoria Mutual Investments and Wisynco Group continue to be strong on Thursday in trading on Jamaica Stock Exchange with the volume traded rising to 3.57 million units changing hands versus 3.14 million on Wednesday, with the two dominating with the highest volume in the market.
At the close of trading, the JSE All Jamaican Composite Index declined by 2,332.02 points to 312,808.10 and the JSE Index declined by 2,124.73 points to 285,003.54.
Market activity ended with 26 securities changing hands, of which 8 advanced, 10 declined, 8 traded firm as 5,110,001 units traded with a value of $69,365,564.
In the main market activity, Berger Paints closed with a loss of 80 cents at $17, with 13,100 shares, Cable & Wireless concluded trading with a loss of 5 cents at $1.30, with 78,379 units, Carreras finished 5 cents higher at $11.35, with 80,668 shares, Caribbean Cement settled with a loss of $1.95 at $32.05, with 34,189 shares, Ciboney Group ended trading with a loss of 2 cents at 35 cents, with 500 shares. Grace Kennedy traded at $43, with 50,273 stock units, Jamaica Broilers finished trading 10 cents higher at $18, with 48,273 units, Jamaica Producers closed 10 cents higher at $16.70, with 7,844 shares, Jamaica Stock Exchange ended with a loss of 5 cents at $6.95, with 18,113 shares. JMMB Group concluded trading with a loss of 68 cents at $24.32, with 71,524 shares, Mayberry Investments ended trading 15 cents higher at $7.35, with 2,000 shares, NCB Financial Group traded with a loss of 13 cents at $99.50, with 27,857 shares, 1834 Investments finished trading with a loss of 1 cent at $1.27, with 3,800 shares. PanJam Investment ended 2 cents higher at $41.02, with 7,500 units, Pulse Investments finished at $2, with 37,000 shares, Sagicor Group ended trading with a loss of 60 cents at $35.40, with 662,632 stock units, Salada Foods traded at $11, with 232 units. Scotia Group finished trading at $51.41, with 34,171 shares, Seprod closed at $29.95, with 27,900 shares, Supreme Ventures concluded trading 1 cent higher at $12, with 278,963 stock units, VM Investments Limited finished 9 cents higher at $4, with 1,099,190 units. Wisynco Group settled at $10, with 2,467,837 shares and Sagicor Real Estate Fund ended trading with a loss of 60 cents at $14, with 42,856 shares. In the main market preference segment, Jamaica Money Market Brokers 7.5% closed at $1.80, with 15,000 stock units, Proven Investments 8.25% settled at $5.90, with 100 units.

Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “10 JSE stocks fall 9 rise – Thursday.”

2 new 52 weeks’ lows on TTSE – Thursday

West Indian Tobacco hits 52 weeks’ low on Thursday.

Trading continue to be moderate when the Trinidad & Tobago Stock Exchange closed on Thursday with 12 securities trading against 13 on Wednesday as 2 stocks advanced, 3 declined and 7 remained unchanged with 2 stocks closing at 52 weeks’ lows.
At the close, the Composite Index gained 0.84 points to 1,271.65. The All T&T Index slipped 0.23 points to 1,704.13, while the Cross Listed Index rose 0.26 points to 113.24.
Market activity ended with just 83,851 shares having a value of $1,957,446, dropping sharply from 175,296 shares with a value of $2,284,648 on Wednesday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ended with bids higher than their last selling prices and 6 with lower offers.
Gains| JMMB Group gained 5 cents and ended at $1.75, with 1,000 stock units and Sagicor Financial rose 5 cents and closed at $8, with 8,502 shares changing hands.
Losses| Massy lost 6 cents and closed at a 52 weeks’ low of $47.94, with 140 stock units, National Enterprise ended trading 1 cent lower and ended at $9.78, with 540 shares changing hands and West Indian Tobacco concluded trading with a loss of 1 cent, ending at a 52 weeks’ low of $89.99, with 400 stock units trading.
Firm Traded| Angostura Holdings finished with $15, with 871 stock units, Clico Investments ended at $21, with 5,500 units, First Citizens concluded at $32, trading 3,800 shares, LJ Williams B finished at 70 cents, trading 3,000 shares, Scotiabank close at $60.01, with 458 stock units. Trinidad & Tobago NGL ended at $26, with 55,490 units valued at $1,443,824 and Unilever Caribbean concluded at $28, trading 4,150 shares.

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