50% of trade goes to JMMB

September 27, 2017 by

JMMB Group accounted for half of the shares that traded on Wednesday.

The narrow difference between winners and losers continued on Wednesday with 11 securities rising an 8 declining out of 27 that traded, leading the market indices to record small gains around 100 points. JMMB Group traded 2.4 million units out of a total of 4.8 million units traded on Wednesday.
In the market activity, securities trading and volume exchanged at the last price trades took place at are, Berger Paints that closed with a loss of 10 cents at $11.40, trading 67,562 units, elsewhere, Cable & Wireless closed 5 cents higher at $1.05, with 149,655 units, Caribbean Cement settled $2 higher at $27.50, with just 100 stocks, Carreras closed with a loss of 50 cents at $12, with 347,667 stocks changing hands, Ciboney traded with a loss of 1 cents at a 52 weeks’ low of 15 cents, with 4,400 shares changing hands, Grace Kennedy finished with a loss of 20 cents at $42.50, with 18,567 units, Jamaica Broilers ended with a loss of 20 cents at $17.30, with 4,738 stock units, Jamaica Producers settled 50 cents higher at $15, with 810,000 shares trading. Jamaica Stock Exchange traded with a loss of 1 cent at $6.45, with 50,000 units, JMMB Group concluded trading with a gain of 39 cents to $22.89, with 2,406,969 stocks trading, Kingston Properties traded 20 cents higher at $7, with 4,758 stocks changing hands, Kingston Wharves finished 25 cents higher at $30.99, with 220,309 units. Mayberry Investments ended at $4.10, with 63,200 units, NCB Financial had a 145,037 shares trading with a rise of 50 cents to close at $88, 1834 Investments finished at $1.40, with 240 units, PanJam Investment ended 91 cents higher at $35.91, with 10,620 shares changing hands, Pulse Investments traded with a loss of 10 cents at $1.70, trading 55,000 units, Radio Jamaica finished at $1.12, with 23,555 shares, Sagicor Group traded at $34.25, with 106,100 units changing hands, Sagicor Real Estate Fund traded at $12.05, with 8,938 shares, Scotia Group settled 91 cents higher at $45.01 trading 44,431 units and closed with the bid at $48 to buy500 units. Scotia Investments concluded trading at $35.50, with 6,160 stock units, Seprod lost $3 to close at $30, with 32,196 shares and Supreme Ventures settled 10 cents higher at $11.10, with 55,577 units changing hands.
In the main market preference segment, Jamaica Money Market Brokers finished at $2.08, with 83,093 units trading.
In the US dollar market, Productive Business Solution US ordinary share closed at 65 US cents while trading 1,595 units, Proven Investments US ordinary share closed at 23.99 US cents, after rising 0.99 US cent, exchanging 83,638 units, while NCB Financial had a new listing of a US dollar bond, carrying a coupon rate of 6 percent, but no trades were executed.

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Subdued trading on TTSE – Tuesday

September 27, 2017 by

Trading on the Trinidad & Tobago Stock Exchange was moderate on Wednesday with 11 securities changing hands compared to 12 on Tuesday accounting for 137,807 shares traded at a value of $553,807.
On Tuesday the market traded 145,278 shares valued at $1,233,773.
On Wednesday trading ended with 1 stock advancing, 2 declining and 8 holding firm as
the Composite Index fell 0.05 points to 1,237.51, the All T&T Index declined by 0.50 points to 1,782.68 and the Cross Listed Index inched 0.06 points higher to close at 92.99.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 8 with lower offers.
Gains| Grace Kennedy was the sole stock gaining to close 4 cents higher at $2.90 trading 15,045 shares.
Losses| The last traded prices of securities declining and the volume changing hands are Angostura Holdings with a loss 1 cent to settle at $15.24 with just 400 units and Trinidad Cement closing at $4.14, after losing 6 cents while exchanging 849 units.
Firm Trades| The last traded prices of securities and the volume traded unchanged at the close of trading are First Citizens that closed at $32 with 671 units, Guardian Holdings remaining at $15 with 4,875 shares, National Enterprises trading 409 units at $10.37,National Flour Mills ending at $2 in exchanging 100,000 shares. NCB Financial held firm at $5 trading 500 units, Readymix closed at $11 with 100 units trading, Sagicor Financial exchanged 13,158 shares at $8.01 andBourse Brazil Latin Fund US Dollar mutual shares traded 1,800 units at US$8.08.

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3 T&T stocks rise in moderate trading

September 26, 2017 by

Trading on the Trinidad & Tobago Stock Exchange closed on Tuesday with 12 securities changing hands and resulted in 3 stocks advancing, 1 declining and 8 holding firm after the market was closed on Monday for public holiday.
Market activity ended with 145,278 shares traded at a value of $1,233,773 compared to 11 securities trading, resulting in 236,075 units valued at $4,854,889 on Friday changing hands.
The Composite Index gained 0.23 points to 1,237.56, the All T&T Index declined by 0.61 points to 1,783.18 and the Cross Listed Index gained 0.15 points to close at 92.93.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with a mixed picture of the market as 5 stocks ended with bids higher than last selling prices and 7 with lower offers.
Gains| The last traded prices of the securities rising and the volume changing hands are Clico Investment that closed at $21.41, gaining 1 cent with 22,069 shares valued at $472,547, JMMB Group gaining 2 cents, closing at $1.35 with 900 units and Sagicor Financial closing at $8.01 and gaining 1 cent, exchanging 9,341 units.
Losses| Republic Financial Holdings is the sole stock to trade lower and ended with a loss of 10 cents, at a 52 weeks’ low of $101.80 with 967 units changing hands.
Firm Trades| The last traded prices of securities and the volume traded unchanged at the close of trading are First Citizens that exchanged 3,108 units at $32, Grace Kennedy settling at $2.86 with 3,639 units traded. At the same time Guardian Holdings closed at $15 with 5,221 shares, National Enterprises traded 2,609 units at $10.37, National Flour Mills closed at $2 with 144 units, NCB Financial Group remained at $5 trading 50,711 shares, Scotia Investments closed at $2.25 with 40,000 shares and Trinidad Cement exchanged 6,569 shares at $4.20.

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Scotia Group pushed JSE down – Tuesday

September 26, 2017 by

Scotiabank dropped $1.90 and helped put a sharp dent in the indices on Tuesday.

Main market stocks of the Jamaica Stock Exchange, continue to have small differences between the number of winners and losers, but another big fall in the price of Scotia Group shares along with 9 other stocks, pulled the market down on Tuesday as 25 securities changed hands.
The main and the US dollar markets traded 29 securities with 9 advancing and 11 declining based on the last price for the day, with Carreras hitting an intraday high of $13 after the recent 10 to one stock split and ended at new closing high of $12.50.
At the close of market activity, Berger Paints closed at $11.50 with gains of 25 cents trading 47,524 shares, as investors continue to buy above the Ansa Coatings offer price of $10.88. Cable and Wireless exchanged 1,173,288 units at $1, Carreras advanced $1 to $12.50 with 492,727 shares, after it traded at an intraday high of $13, Grace Kennedy ended at $42.70, after losing 80 cents with 11,605 units changing hands. Jamaica Broilers closed at $17.50 with 653,854 shares trading, Jamaica Producers lost 50 cents to close at $14.50 with 23,685 stock units, Jamaica Stock Exchange fell 4 cents, to $6.46 with 61,389 units trading, JMMB Group settled with a loss of 20 cents at $22.50 trading 158,134 shares. Kingston Properties exchanged 200 units at $6.80, having lost 20 cents, Kingston Wharves traded $2.23 higher to $30.74 with just 2,700 units, Mayberry Investments settled at $4.10 with 12,135 units, NCB Financial gained 62 cents to close at $87.50 trading 193,108 shares, 138 Student Living closed at $4.75 with trades of 12,334 units. PanJam Investment exchanged 123,149 shares at $35, Portland JSX lost 5 cents, in trading 1,500 units at $9.25, Pulse Investments closed at $1.80 with 47,470 shares, Radio Jamaica closed at $1.12 trading 103,200 shares, Sagicor Group rose 25 cents, to settle at $34.25 with 346,129 stock units changing hands, Sagicor Real Estate Fund gained 55 cents, closing at $12.05 with 41,155 shares, Scotia Group closed $1.90 lower to $44.10 exchanging 631,765 stock units, after it traded at $49, the high for the day. Scotia Investments lost 1 cent and closed at $35.50 with 1,845 units, Seprod declined by $1 to $33 with 3,000 units, Supreme Ventures lost 9 cents to close at $11 with 218,690 shares trading.
In the main market preference segment, JMMB Group US 6% preference share traded at US$1.12 with 2,697 units, Jamaica Money Market Brokers 7.5% preference share closed at $2.08, gaining 8 cents trading 20,630 units and JMMB Group 7.5% preference share exchanged 51,846 units at $1.19.
In the US dollar market, Margaritaville Turks US ordinary shares gained 2 US cents, closing at 32 US cents with trades of 42,500 units, Productive Business Solution US ordinary shares with gains of 3 US cents, closed at 65 US cents trading 171 units, Proven Investments US ordinary shares closed at 23 US cents losing 0.99 US cent exchanging 64,882 units,

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JSE main market slips – Monday

September 25, 2017 by

Scotia Group dropped $3 to $46.

Trading on the Main and US dollar market of the Jamaica Stock Exchange ended with an almost even advance decline ratio resulting in the market indices slipping in a shortened trading session that commenced in the afternoon after the regular closing time had passed.
The volume of securities trading and the days last traded price are, Barita Investments that ended with a loss of 25 cents at $7.75, with 6,700 shares. Berger Paints concluded trading with a loss of 75 cents at $11.25, with 7,256 units, Cable & Wireless ended with a loss of 4 cents at $1, with 170,543 stocks changing hands, Carreras finished 50 cents higher at $11.50, with 464,114 units, Grace Kennedy finished $1.45 higher at $43.50, with 5,737 shares, Jamaica Broilers ended 50 cents higher at $17.50, with 39,878 stock units, Jamaica Producers concluded trading at $15, with 13,350 shares, JMMB Group finished 70 cents higher at $22.70, with 41,657 units, Kingston Properties finished at $7, with 2,000 shares, Kingston Wharves dropped $2.22 trading 18,341 shares to end at $28.51. Mayberry Investments traded with a loss of 50 cents at $4.10, with 2,138 units, NCB Financial fell 92 cents to $86.88 with 73,643 units changing hands. 1834 Investments ending at $1.40, with 93,917 stocks, PanJam Investment traded with a loss of 50 cents at $35, with 146,100 units, Portland JSX traded at $9.30, with 2,450 shares, Pulse Investments closed 9 cents higher at $1.80, with 7,701 stock units, Radio Jamaica closed at $1.12, with 49,263 units, Sagicor Group settled with a loss of 40 cents at $34, with 55,255 shares, Sagicor Real Estate Fund concluded trading 50 cents higher at $11.50, with 7,480 shares. Scotia Group dropped $3 to $46, with 44,994 stock units changing hands, Scotia Investments concluded trading 1 cents higher at $35.51, with 2,900 units, Supreme Ventures ended 9 cents higher at $11.09, with 699 shares.
In the main market preference segment, Jamaica Money Market Brokers 7.5% preference share traded at $2, with 232,000 units and JMMB Group 7.5% preference share closed at $1.19, with 503,100 shares.
In the US dollar market, Margaritaville traded just 100 units at 30 US cents, Productive Business Solution US ordinary shares lost 3 cents and closed at 62 US cents trading 750 units, Proven Investments US ordinary share closed at 23.99 US cents, after rising 1.99 US cents in exchanging 99,223 units.

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570,000 Berger shares snapped up

September 22, 2017 by

Berger Paints traded 570,000 shares on Friday and closed at $12.

Investors snapped up more than 570,000 units of Berger Paints’ shares pushing the price to $12 at the close, as more news came to the public that Ansa Coatings is highly unlikely to get enough shares to force a delisting of the company from the Jamaica Stock Exchange based on the offer, of $10.88 per share.
The JSE market indices rose on Friday as Scotia Group recovered some ground with 9 other stocks posting gains even as 11 fell in value.
At the close of market activity, Barita Investments closed with a loss of 15 cents at $8 with 323 units trading, Berger Paints added 75 cents to close at $12 with 572,833 shares changing hands, Cable and Wireless closed at $1.04, gaining 3 cents with 13,270 units, Caribbean Cement closed with a loss of 30 cents at $25.50 with 67,941 shares, Carreras gained 20 cents, and closed at $11 with 417,758 units, Grace Kennedy traded $1.45 lower, to $42.05 with 35,700 units. Jamaica Broilers advanced $1.25 to $17 exchanging 28,943 shares, Jamaica Producers declined by $1, closing at $15 with 6,650 units, Jamaica Stock Exchange closed at $6.50 with 4,960 stock units, JMMB Group closed at $22, after falling $1 in trading 148,514 shares. Kingston Wharves with 100 units traded rose $1.23 to $30.73, Mayberry Investments lost 9 cents, closing at $4.60 with 31,800 shares, NCB Financial Group traded 70 cents lower to $87.80 with 90,395 shares, 1834 Investments lost 4 cents to close at $1.40 with 30,000 shares. PanJam Investment dropped $3.50 to $35.50 with 22,813 stock units, Pulse Investments closed at $1.71, gaining 6 cents with 126,500 shares, Radio Jamaica closed at $1.12 trading 72,310 shares, Sagicor Group gained 40 cents, and ended at $34.40 with 15,770 shares, Sagicor Real Estate Fund gained 39 cents, closing at $11 with 1,850 units, Scotia Group closed $2.90 higher at $49 while exchanging 58,409 shares, Scotia Investments fell $1.50, closing at $35.50 with 1,412 units, Seprod with gains of $1, ended at $34 with 1,000 units, Supreme Ventures closed at $11, having gained 15 cents with 50,150 shares changing hands. Productive Business Solution US ordinary shares closed at 65 US cents trading 1,920 units, Proven Investments US ordinary shares closed at 22 US cents, after losing 1.99 US cents in exchanging 241,067 units and JMMB Group 7.5% preference share closed traded at $1.19 with 171,913 units.

 

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Continued weakness on TTSE

September 22, 2017 by

The Trinidad & Tobago Stock Exchange closed on Friday with 11 securities changing hands compared to 15 on Thursday and all three market indices falling.
At the close, 4 stocks advanced, 4 declined and 3 were unchanged as 236,075 shares traded at a value of $4,854,889 compared to Thursday’s trades of 381,687 valued at $1,583,237. Ansa McAL accounted for $3,081,659 of the total traded on Friday.
The Composite Index declined by 2.22 points to 1,237.33, the All T&T Index lost 0.26 points to 1,783.79 and the Cross Listed Index was down 0.57 points to close at 92.78.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| The last traded prices of the securities rising and the volume changing hands are Ansa McAL advancing 21 cents, and closing at $65.80 with 46,839 shares. Clico Investment traded 63 cents higher to $21.40 with 3,000 units, Grace Kennedy with a gain of 1 cent, closed at $2.86 with 33,000 shares and JMMB Group ended gaining 3 cents to close at $1.33, in exchanging 15,195 shares.
Losses| The last traded prices of securities declining and the volume changing hands are Massy Holdings with a loss of 1 cent to end at $48.99 with 920 units, National Enterprises closing at $10.37, after losing 10 cents while exchanging 3,045 units, NCB Financial Group lost 10 cents, in closing at $5 with 36,733 shares and Trinidad & Tobago NGL closed at $22.99, with a loss of 1 cent trading 4,502 units.
Firm Trades| The last traded prices of securities and the volume traded unchanged at the close of trading are First Caribbean International Bank trading 5,000 shares at $8.02, Guardian Holdings closing at $15 with 69,828 shares valued at $1,047,420 and Sagicor Financial at $8 with 18,013 shares changing hands.

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JSE suffers set back in forward move

September 21, 2017 by

JMMB Group inching higher on limited supply of stocks.

Large fall in the prices of are Caribbean Cement, Carreras and Scotia Group push the market down appreciably on Thursday and strong gains in PanJam Investment and JMMB Group could only dent the fall.
At the close of market activity, Berger Paints gained of 25 cents and closed at $11.25 with 148,982 shares, Cable and Wireless closed at $1.01, having lost 9 cents with 117,235 shares changing hands, Caribbean Cement with a loss of $2.20 at $25.80 with 30,123 shares, Carreras traded $1.20 lower to $10.80 with 1,217,220 shares, Ciboney Group exchanged 367,400 shares at 16 cents, Grace Kennedy gained 49 cents to settle at $43.50 with 11,300 units. Jamaica Producers advanced $1, to $16 in exchanging 34,495 shares, Jamaica Stock Exchange closed with gains of 5 cents, at $6.50 with 1,379 units, JMMB Group ended at a 52 weeks’ closing high of $23, after adding $1, trading 16,843 shares. Kingston Wharves traded at $29.50 with the exchange of 1,740 units, Mayberry Investments lost 1 cent, closing at $4.69 with 298,018 shares, NCB Financial traded 49 cents lower to $88.50 with 35,806 shares, 138 Student Living exchanged 20,000 shares at $4.75, while 1834 Investments gained 4 cents to close at $1.44 with trades of 6,520 units. PanJam Investment jumped $3.50 to $39 with 61,275 shares, Pulse Investments gained 23 cents to close at $1.65, with 12,581 shares, Radio Jamaica added 1 cent, in closing at $1.12 trading 305,416 shares, Sagicor Group closed with a loss of 52 cents at $34 with 4,550 units, Sagicor Real Estate Fund declined 39 cents in closing at $10.61 with 10,000 shares, Salada Foods traded 3,316 units at $8, Scotia Group plunged $4.90 to $46.10, in exchanging 117,999 shares, Scotia Investments closed at $37 with 30,453 shares, Seprod ended with a loss of $1 at $33 with 500 units, Supreme Ventures exchanged 131,400 shares at $10.85. Margaritaville Turks US ordinary shares closed at 30 US cents trading 5,500 units, Proven Investments US ordinary shares traded 13,000 units at 24 US cents, JMMB Group US 6% preference share closed at US$1.12 with 7,280 units and Proven 8.25% cumulative redeemable preference share lost 5 cents to close at $5.25 with 20,000 units.

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5 TTSE stocks fall 3 rise

September 21, 2017 by

The Trinidad & Tobago Stock Exchange continue to slip on Thursday as 15 securities changed hands compared to 17 on Wednesday with all market indices falling.  
At the close, 3 stocks advanced, 5 declined and 7 were unchanged at the last traded prices as 381,687 shares traded at a value of $1,583,237 compared to Wednesday’s trades of 142,022 valued at $2,320,841.
The Composite Index declined by 3.01 points to 1,239.55, the All T&T Index dropped 3.80 points to 1,784.05 and the Cross Listed Index was down 0.30 points to close at 93.35.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 3 with lower offers.
Gains| The last traded prices of the securities rising and the volume changing hands are Agostini’s that gained 1 cent and closing at a 52 weeks’ high of $20.53 with a mere 29 units, First Caribbean International Bank closed at $8.02 with a 1 cent gain in exchanging 200 units and Scotiabank with gains of 3 cents, closed at $58.03 with 2,925 shares.
Losses| The last traded prices of securities declining and the volume changing hands are Ansa McAL ending with a loss of 20 cents, to $65.59 with 251 units, First Citizens closed at $32, after losing 1 cent and exchanging just 19 units, Guardian Holdings traded 50 cents lower to $15 with 10,000 shares. NCB Financial Group lost 5 cents, closing at $5.10 with 4,518 shares and Trinidad Cement closed at $4.20, with a loss of 1 cent trading 225 units.
Firm Trades| The last traded prices of securities and the volume traded unchanged at the close of trading are Grace Kennedy in exchanging 21,000 shares at $2.85, Massy Holdings closing at $49 with 7,536 shares valued at $369,182, National Flour Mills trading 318,544 shares at $2 valued at $637,088. Prestige Holdings closed at $10.80 with only 9 units, Sagicor Financial held firm at $8 with 1,097 units, Scotia Investments remained at $2.25 with trades of 10,000 shares and Trinidad & Tobago NGL exchanged 5,334 shares at $23.

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JSE rise on modest trading – Wednesday

September 20, 2017 by

Carreras jumped to a record close of $12.

In modest trading on the Jamaica Stock Exchange on Wednesday, the prices of 10 stocks rose and 5 fell in the main and US dollar markets, leading to gains in the main market indices, the third consecutive day of increase.
Cigarette distributor, Carreras fresh from a 10 for 1 stock split, traded at a new 52 weeks’ high of $12 at the close while JMMB Group hit an intraday 52 weeks’ high of $23.70 before pulling back to $22 by the close as supply to sell is very limited and should pave the way for upward push in the price in the days or weeks ahead.
At the close of market activity, Berger Paints closed at $11, the last price the stock traded at, after hitting a high of $12.20 and ending with 129,140 shares changing hands. Cable and Wireless gained 5 cents to close at $1.10 with 111,500 units, Carreras closed at a record $12, after gaining 50 cents with 1,134,465 shares, Grace Kennedy advanced $1, settling at $43.01 with 4,332 units. Jamaica Broilers lost 29 cents and closed at $15.75, with 12,130 shares, Jamaica Producers lost 1 cent, closing at $15 in exchanging 18,700 stock units, Jamaica Stock Exchange rose 10 cents to $6.45 with 1,000 units, JMMB Group closed at $22, after gaining $1 and trading 20,959 shares. Kingston Wharves dropped $2.50 to close at $29.50 with 1,000 units having been exchanged, NCB Financial Group traded 99 cents lower to $88.99 with 34,831 shares. PanJam Investment remained at $35.50 with trades of 2,100 units, Pulse Investments closed at $1.42, gaining 2 cents with 183,000 shares, Radio Jamaica with gains of 6 cents, closed at $1.11, in trading 11,000 stock units, Sagicor Group added 2 cents, ending at $34.52 with 8,333 units changing hands, Salada Foods traded 88,783 shares at $8, Scotia Group closed at $51, exchanging 16,194 units, Seprod added $1 to close at $34 with 1,500 shares, Supreme Ventures closed 15 cents lower to $10.85 in exchanging 3,703 units. Productive Business Solution US ordinary shares closed at 65 US cents, trading 540 units, Proven Investments US ordinary shares traded 397 units at 23.99 US cents, JMMB Group 7.5% preference share closed at $1.19, gaining 4 cents with 26,540 stock units and Proven 8.25% cumulative preference share closed at $5.50 with 17,500 units.

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