33 Jamaican stocks rose on Friday

Jamaica Producers rose $1 to new record high of $18.

The Jamaica Stock Exchange enjoyed a day of modest gains on Friday, as 52 securities changed hands in the overall market, ending with 33 stocks rising and 10 falling, including 19 stocks gaining and 2 declining, in the junior market while 14 securities ended at new 52 weeks’ closing highs.
All major market indices rose moderately compared with the sharp increase for the past 7 trading days. The all All Jamaica Composite Index gaining 253.10 points to close at 240,292.56, the JSE Market Index climbed 226.32 points to finish at 219,238.80 and the JSE combined index grew 897.61 points, to close at 233,711.14. The movement of the main market, for the year to date, resulted to gains of 14.3 percent, for the all Jamaica Composite Index.
At the close, 7,100,472 units valued at $124,253,097 changed hands, compared to 10,580,009 units valued at $124,588,506 changing hands on Thursday. Of the stocks traded, the junior market accounted for 1,530,168 units, valued at $11,104,756.
The average trade for the day in the main market ended at 198,939 shares compared to an average of 324,708 units on Thursday. For the month to date, an average of 250,588 shares traded, versus an average of units 302,236 units up to the prior trading day. January ended with an average of 592,602 units.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 11 stocks with bids higher than their last selling prices and 4 with lower offers.
In market activity, Barita Investments gained 80 cents to close at a 52 weeks’ high of $7.50, with 35,000 units changing hands, Berger Paints lost 13 cents to close at $11.07 with trades of 28,948 shares, Cable and Wireless traded 289,624 units at $1.15, Caribbean Cement declined 49 cents in closing at $33.01 with an exchange of 52,713 shares. Carreras slid 75 cents to $66 with 364,096 units changing hands, 1834 Investments traded 10,000 shares at $1.40, Grace Kennedy advanced 51 cents to $40.50 trading 120,777 units. Jamaica Broilers added 1 cent to close at $15.50 with an exchange of 25,069 shares, Jamaica Producers traded 28,163 units, rising $1 to end at a 52 weeks’ closing high of $18, JMMB Group gained 50 cents to close at a 52 weeks’ high of $17.50 with 41,805 units traded. Kingston Properties exchanged 10,000 shares at $9.50, Kingston Wharves added 1 cent to end at $33 with trades of 28,964 units, Margaritaville Turks, traded 52,250 units, adding 4 cents to close at a 52 weeks’ high of 33 US cents, National Commercial Bank recovered $3.88 to close at $64.90, after swapping 28,057 shares. 138 Student Living closed trading with an exchange of 9,205 units at $4.50, Pan Jamaican gained 95 cents to close at $30 with 95,450 shares traded, Portland JSX advanced 90 cents, closing at $10 after trading 4,800 units, Pulse Investments gained 78 cents to close at a 52 weeks’ high of $7.10, trading 17,000 units. Radio Jamaica closed at $1.36, gaining 16 cents trading 105,008 shares, Sagicor Group lost 50 cents to close at $32.50 with 32,656 shares changing hands, Sagicor Real Estate fund closed at $10.20 for a loss of 30 cents with trades of 3,002,738 units, Scotia Group ended trading with a loss of $1 to close at $40, having traded 777,834 shares. Scotia Investments lost 50 cents, after trading 12,000 units and closed at $35, Supreme Ventures gained 20 cents with 23,824 shares traded and closed at $5.70, Proven Investments traded 194,000 ordinary shares, adding 3 cents to close at a 52 weeks high of 29 US cents and JMMB Group 7.5% preference share traded 177,438 units at $1.10.

Moderate gains for TTSE stocks – Friday

Trading levels trended up on the Trinidad & Tobago Stock Exchange on Friday relative to Thursday’s activity. The market traded 12 securities compared to 9 on Thursday resulting in 3 stocks advancing, 4 declining and 5 unchanged. Two stocks ended at 52 weeks’ highs.
A total of 522,359 shares valued at $3,824,294 were exchanged compared to Thursday’s trades of 350,452 shares valued at $3,125,102.
The Composite Index advanced 1.46 points to 1,229.58, the All T & T Index gained 1.03 points to 1,823.62 and the Cross Listed Index added 0.26 points to 85.13.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 7 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| First Citizens closed at $32.50, adding 1 cent with 75 units changing hands, National Commercial Bank closed at a 52 weeks’ high of $3.60, gaining 1 cent with an exchange of 2,500 shares and Sagicor Financial advanced 11 cents to a 52 weeks’ high of $9.11 with trades of 90,633 units valued at $824,779.
Losses| Grace Kennedy lost 1 cent to close at $2.67 with 24,000 shares being exchanged, Scotia Investments was down 2 cents to $2.21 with 61,521 units traded, Scotiabank closed at $58.74, a loss of 1 cent with 10,000 units changing hands, valued at $587,400 and Trinidad & Tobago NGL ended trading at $22, losing 51 cents with trades of 12,541 units.
Firm Trades| Clico Investment closed at $22.52, trading 44,422 shares valued at $1,000,033, JMMB Group traded 88,940 units at $1.20, Massy Holdings exchanged 667 shares and closed at $51.10, Trinidad Cement was unchanged at $4.15 after trading 187,000 shares valued at $776,457 and West Indian Tobacco held firm at $127 with 60 units changing hands.

Juniors jump to a record 2,938 points

Trading on the Jamaica Stock Exchange in the morning session on Friday saw the junior market surpassing the 2,900 points level to trade at 2,938.01 points as trading in the overall market widened to 39 with as a number of stocks hit 52 weeks’ highs.
Noted trades include, Grace Kennedy with 110,077 units at $40, JMMB Group with 21,555 shares trading up to $17.50, Margaritaville Turks hit 33 US cents and 52,250 units changing hands, Sagicor Real Estate X Fund with 250,000 units at $10.50, Scotia Group with 304,114 shares up to a new high of $46, but the stock is offered at $42 and in the junior market, Blue Power Group with 1,200 shares at a new high of $50, Derrimon Trading with 40,400 trading at a new high of $7, with no stock on offer and Lasco Financial Services trading 287,245 shares at $3.86.
All major markets indices hit new records during the morning session but with moderate trading taking place. The all Jamaica Composite Index fell 802.01 points to 239,237.45, the Jamaica Stock Exchange Market Index lost 717.14 points to 218,295.34, the Jamaica Stock Exchange combined index declined 188.64 points to 232,624.89 and the junior market index jumped 46.34 points to 2,937.86.
Securities changing hands, amount to 44 at 10:45 am compared to 37 trading on Thursday. A total of 27 securities advanced and 6 declined, resulting in a volume of 1,902,696 shares changing hands, carrying a value of $36,902,558, versus 2,909,426 shares changing hands, carrying a value of $46,637,055, the average trade for the early session amounted to 43,243 units, compared to 78,633 shares previously.

Big gains for Jamaican stocks on Thursday

Scotia Investments climbed $3.50 on Thursday.

The Jamaica Stock Exchange enjoyed another day of big gains on Thursday, as 50 securities changed hands in the overall market and ended with 29 stocks rising and 15 falling, including 12 stocks gaining and 2 declining, in the junior market.
At the close 12 securities ended at new 52 weeks’ closing highs and 2 trading at an intraday high.
All major market indices jumped sharply, with the all All Jamaica Composite Index surging 4,106.35 points to close at 240,039.46, the JSE Market Index climbed sharply by 3,671.80 points to finish at 219,012.48 and the JSE combined index jumped 3,678.17 points, to close at 232,813.53. The movement of the main market, for the year to date, resulted to gains of 14.2 percent, for the all Jamaica Composite Index.
At the close, 10,945,066 units valued at $124,588,506 changed hands, compared to 10,945,066 units valued at $162,330,186 changing hands on Wednesday. Of the stocks traded, the junior market accounted for 1,812,887 units, valued at $10,370,371.
The average trade for the day in the main market ended at 324,708 shares compared to an average of 279,763 units on Wednesday. For the month to date, an average of 302,236 shares traded January ended with an average of 592,602 units.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 16 stocks with bids higher than their last selling prices and 3 with lower offers.
In market activity, Barita Investments advanced 20 cents closing at $6.70 with an exchange of 38,000 units, Berger Paints gained 15 cents and closed at $11.20 after trading 105,286 shares, Cable and Wireless traded 293,400 units at $1.15, Caribbean Cement closed at $33.50 with gains of 48 cents and an exchange of 20,878 shares. Carreras climbed $4.25 to close at $66.75 with 21,827 units changing hands, 1834 Investments lost 5 cents to close at $1.40 after trading 31,400 shares and Grace Kennedy had 58,434 units trading at $39.99, for a loss of 1 cent. Jamaica Broilers gained 19 cents to close at $15.49 with 27,420 shares changing hands, Jamaica Producers traded 2,082,451 shares, rising $2 to end at a 52 weeks’ closing high of $17, Jamaica Stock Exchange closed at $5.60 trading 4,459,763 shares, JMMB Group gained 11 cents to close at $17 with 294,827 units traded. Kingston Properties exchanged 19,600 shares at $9.50 for a gain of $1, Kingston Wharves ended at $32.99 and trades of 21,578 units, Margaritaville Turks traded 10,000 units, gaining 2 cents to close at 29 US cents, Mayberry Investments gained 45 cents, closing at a 52 weeks’ high of $5.95 with 9,310 shares changing hands. National Commercial Bank dropped $3.97 to close at $61.02, after swapping 507,192 shares, 138 Student Living closed trading with an exchange of 15,000 units at $4.50, Pan Jamaican lost $1.45 and closed at $29.05 with 33,000 shares traded, Pulse Investments gained 32 cents to close at a 52 weeks’ high of $6.32 in trading 12,850 units. Radio Jamaica lost 10 cents to close at $1.20 with 242,445 shares traded, Sagicor Group advanced $2.90 to a 52 weeks’ high of $33 with 33,429 shares changing hands, Sagicor Real Estate Fund gained 28 cents in closing at $10.50 while trading 41,740 units. Scotia Group ended trading with gains of $2.39, to close at a 52 weeks’ closing high of $41, with trades of 16,967 shares, Scotia Investments climbed $3.50 after trading 47,325 units and closed at a 52 weeks’ high of $35.50, Supreme Ventures gained 20 cents with 75,000 shares traded, to close at $5.50. Proven Investments traded 160,000 ordinary shares, adding 2 cents to close at a 52 weeks high of 26.01 US cents and JMMB Group 7.5% preference share traded 88,000 units at $1.10.

NCB & Scotia push Jamaican stocks hard

NCB jumped to a record high of $65 during trading on Wednesday.

Continued strong gains of National Commercial Bank and lesser gains in Scotia Group exerted upward pressure on stocks values, on the Jamaica Stock Exchange on Tuesday as 50 securities changed hands, 7 more than on Monday, both stocks traded at record prices during the day.
Overall market activity, ended with 22 stocks rising and 14 falling, including 12 stocks rising and 2 falling, in the junior market. At the close 4 securities ended at new 52 weeks’ closing highs and 6 trading at an intraday high while one traded, at an intraday 52 weeks’ low.
All major market indices jumped sharply, with the all All Jamaica Composite Index surging 3,907.49 points to close at 235,933.11, the JSE Market Index climbed sharply by 3,493.98 points to finish at 215,340.68 and the JSE combined index jumped 3,495.03 points, to close at 229,135.36. The movement of the main market, for the year to date, resulted to gains of 12.3 percent, for the all Jamaica Composite Index.
At the close, 10,945,066 units valued at $162,330,186 changed hands, compared to 15,833,084 units valued at $518,190,757 changing hands on Tuesday. Of the stocks traded, the junior market accounted for 2,831,925 units valued at $14,341,956.
The average trade for the day in the main market ended at 279,763 shares compared to an average of 384,180 units on Tuesday. January ended with an average of 592,602 units.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 17 stocks with bids higher than their last selling prices and 4 with lower offers.
In market activity, Barita Investments gained 50 cents to close at $6.50 with 47,891 units changing hands, Berger Paints declined 45 cents and closing at $11.05 after trading 26,638 shares, Cable and Wireless lost 4 cents trading 513,643 units at $1.15, Caribbean Cement closed at $33.02 with an exchange of 26,700 shares. Carreras closed lower at $62.50, losing $4.25 with 569,635 units changing hands, the stock traded at a 52 weeks’ low of $60, earlier in the day, 1834 Investments lost 5 cents to close at $1.45 after trading 26,648 shares, Grace Kennedy had 18,034 units trading at $40, for a loss of 50 cents. Jamaica Broilers lost 10 cents to close at $15.30 with 78,129 shares changing hands, Jamaica Producers traded 51,690 shares, rising $1.50 to end at a 52 weeks’ closing high of $15, Jamaica Stock Exchange closed at $5.60 trading 573,360 shares, JMMB Group closed at $16.89, with a loss of 1 cent as 129,066 units traded. Kingston Wharves lost $1, ending at $32.99 and trades of 2,112 units, Margaritaville traded 52,619 shares at 27 US cents, Mayberry Investments gained 35 cents to close at $5.50 with 508,060 shares exchanged, after trading at an intraday high of $5.75, National Commercial Bank rose to a 52 weeks’ closing high of $64.99, after gaining $3.49 and swapping 76,727 shares.
Pan Jamaican lost 50 cents and closed at $30.50 with 20,195 units exchanged, Portland JSX traded 7,500 units with gains of 10 cents to close at $9.10, Pulse Investments gained 5 cents to close at $6 in trading 15,750 units, Radio Jamaica closed at $1.30 with 84,170 shares traded. Sagicor Group closed with 55,950 shares changing hands with a loss of 40 cents at $30.10 after it traded earlier at an intraday high of $31, Sagicor Real Estate fund gained 22 cents, closing at $10.22 and trading 14,328 units, Scotia Group ended trading at $38.61, gaining 61 cents with 771,110 shares changing hands. Scotia traded at an intraday high of $40. Scotia Investments also traded at an intraday 52 weeks’ high of $34.94 but closed trading with 980,950 units while losing $1.02, to close at $32, Sterling Investments closed at $15.60 with trades of 70,850 units, Supreme Ventures gained 20 cents after trading 1,790,979 shares to close at $5.30, Proven Investments traded 500,825 ordinary shares, adding 1 cent to close at a 52 weeks; high of 24 US cents and JMMB Group 7.5% preference share traded 1,090,382 units at $1.10.

Stock stampede slows in Jamaica

NCB hits a new high of $63.20 on Tuesday in trading on the JSE.

Stock broker, NCB Capital Markets crossed 7,280,711 National Commercial Bank at $61.50, pushing the value of trading by nearly $448 million while Cable & Wireless chipped in with 4,711,717 shares valued at $5.6 million.
At the close, 15,833,084 units valued at $518,190,757 changed hands, compared to 12,789,852 units valued at $79,186,131 changing hands on Monday. Of the stocks traded, the junior market accounted for 1,610,629 units valued at $10,783,120.
At the close the all All Jamaica Composite Index rose 1,972.56 points to close at 232,026.62, the JSE Market Index rose 1,763.82 points to finish at 211,846.70 and the JSE combined index climbed 1,722.77 points, to close at 225,640.33.
The movement of the main market in the last 4 trading days, lifted the gains to 10 percent for January, after starting the year with moderate gains of 2.7 percent, up to Wednesday last week.
The market closed with 43 securities changing hands, with 18 stocks rising and 15 falling in the overall market, including 7 stocks rising and 9 falling, in the junior market. At the close 5 securities ended at new 52 weeks’ closing highs.
The average trade for the day in the main market ended at 592,602 shares compared to an average of 384,180 units traded on Monday. For the month to date, an average of 149,740 shares compared to an average of 111,605 units on the previous trading day. The average for the month of December ended at 549,379 units.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 16 stocks with bids higher than their last selling prices and 4 with lower offers.
In market activity, Barita closed at $6 with gains of 25 cents and 1,000 units changing hands, Berger Paints climbed higher by $1.04 to a 52 weeks’ closing high of $11.50, after trading 40,917 shares, Cable and Wireless lost 1 cent with 4,711,717 units being exchanged at $1.19, Caribbean Cement closed at $33.02, losing 49 cents as 46,128 units traded. Carreras closed at $66.75 with 291,409 units changing hands, 1834 Investments gained 16 cents to close at $1.50 after trading just 1,000 shares, Grace Kennedy had 34,709 units trading to close at $40.50, Jamaica Broilers gained 20 cents and closed at $15.40 with 16,118 shares changing hands. Jamaica Producers traded 309,026 shares, rising 44 cents to end at a 52 weeks’ closing high of $13.50, after trading as high as $15 in early trading, Jamaica Stock Exchange closed at $5.60 having traded 69,397 shares, JMMB Group closed at $16.90 with 129,575 units traded. Kingston Wharves advanced 99 cents, ending at $33.99 and trades of 45,268 units, Mayberry Investments traded 12,219 shares with gains of 15 cents to close at $5.15, National Commercial Bank rose to a 52 weeks’ closing high of $61.50, after gaining $1.50 after and swapping 7,498,281 shares, NCB traded as high as $63.20 in the morning session. Pan Jamaican gained $1 and closed at a 52 weeks’ closing high of $31 with 90,681 units being exchanged, Pulse Investments traded 8,000 units, losing 5 cents to close at $5.95, Radio Jamaica lost 5 cents, closing at $1.30 with 73,828 shares traded, Sagicor Group closed with 22,947 shares changing hands with a gain of 50 cents at $30.50. Sagicor Real Estate fund traded 49,769 units and closed at $10, Scotia Group ended trading at $38, losing $1 with 30,863 shares changing hands. Scotia Investments traded 3,849 units, gaining 2 cents to close at $33.02, Sterling Investments closed at $15.60 with trades of 23,000 units, Supreme Ventures lost 11 cents after trading 700,304 shares to close at $5.10 and Proven Investments traded 12,450 ordinary shares and closed at 23 US cents.

Sharp drop trading Trinidad stocks

Trading on the Trinidad & Tobago Stock Exchange on Monday resulted in sharp decline in the number of active securities and declines in the two main indices.
The market closed with 10 securities changing hands in contrast to 16 on Friday with 1 stock advancing, 2 declining and 7 unchanged. A total of 174,656 units valued at $3,712,321 traded compared to Friday’s trades of 662,006 shares valued at $5,506,299.
The Composite Index declined 2.06 points to 1,223.02, the All T&T Index dropped 4.14 points to 1,830.07 while the Cross Listed Index gained a mere 0.01 point to 82.44.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 10 stocks with bids higher than last selling prices and 8 with lower offers.
Gains| National Enterprises gained 8 cents to close at $10.85 with 7,540 units being exchanged, to be the sole stock rising.
Losses| First Citizens sustained a fall of 93 cents, closing at $34 with trades of 27,147 valued at $922,998 and Republic Financial Holdings lost 9 cents to close at $108.19 with 6,719 units exchanged for a value of $726,929.
Firm Trades| Clico Investment was unchanged at $22.52 with only 245 shares traded, Grace Kennedy closed at $2.68 with a mere 10 shares changing hands, Guardian Holdings closed at $13.31 with 5,600 units exchanged while Scotia Investments closed at $2.23 with 5,400 shares changing owners. Scotiabank held firm at $58.75, closing with 10,000 units traded at a value of $587,500, Trinidad & Tobago NGL remained at $21, after trading 48,309 shares valued at $1,014,499 and Trinidad Cement closed at $4.50 with 63,686 units transacted.

Bulls stampeding Jamaican stocks

Stock prices followed Friday’s surge on the main market of the Jamaica Stock Exchange on Monday, moving the market higher, with gains of 9.5 percent for the year to date, after the main market started the year with moderate gains.
The movement over the past three trading days has brought the gains in the market in line with the junior market that previously had gains that were 3 times that of the Jamaica Stock Exchange main market.
At the close, the all All Jamaica Composite Index leapt 3,931.57 points to close at 230,053.06, the JSE Market Index surged 3,515.51 points to finish at 210,082.88 and the JSE combined index climbed sharply by 3,283.99 points, to close at 223,917.56.
Trading resulted in 12,789,852 units valued at $79,186,131 changing hands, compared to 2,882,798 units valued at $55,189,818 changing hands on Friday. Of the stocks traded, the junior market accounted for 426,481 units valued at $2,702,243.
The market closed with 42 securities changing hands, with 24 stocks rising and 9 falling in the overall market, including 10 stocks rising and 2 falling, in the junior market. A total of 8 securities ended at new 52 weeks’ closing highs.
The average trade for the day in the main market ended at 149,740 shares compared to an average of 111,605 units traded on Friday. For the month to date, an average of 175,757 shares compared to an average of 201,775 units on the previous trading day. The average for the month of December ended at 549,379 units.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator was at its highest level with reading shows 26 stocks with bids higher than their last selling prices and 3 with lower offers.
In market activity, Berger Paints traded at an intraday 52 weeks’ high of $10.56 but declined by 5 cents in closing at $10.46 after trading 10,000 shares, Cable and Wireless closed with 221,233 units changing hands at $1.20, Caribbean Cement lost 39 cents and traded 39,262 shares to close at $33.51. Carreras closed at $66.75, gaining 5 cents with 8,652 shares changing hands, Grace Kennedy had 32,126 units trading to close at $40.50, after losing 14 cents, Jamaica Broilers gained 7 cents and closed at $15.20 with 11,700 shares changing hands. Jamaica Producers traded 7,647 shares, rising 56 cents to end a new closing high of $13.06, Jamaica Stock Exchange closed at $5.60 having traded 178,916 shares, JMMB Group climbed to a 52 weeks’ closing high of $16.90 with gains of 90 cents and 8,633 units trade. Kingston Wharves retreated slightly from the rarefied heights to end trading 4,625 units and losing $1, to close at $33, Mayberry Investments traded 1,020 shares with a loss of 25 cents to close at $5, National Commercial Bank climbed higher at a 52 weeks’ high of $60, gaining $2 after swapping 61,840 shares. Pan Jamaican gained 10 cents and closed at $30 with 27,659 units being exchanged, Portland JSX closed at $9 with 10,000 units trading. Pulse Investments traded 12,500 units, gaining 83 cents to close at a 52 weeks’ high of $6.00, Radio Jamaica rose 5 cents, closing at $1.35 with 27,693 shares traded, Sagicor Group closed with 112,763 shares changing hands with a gain of 99 cents at $30. Sagicor Real Estate fund traded 12,627 units and closed at $10, Salada closed at $8 having traded 148,787 shares, Scotia Group ended with 9,771 shares changing hands at $39. Scotia Investments traded 14,891 units, losing 49 cents to close at $33, Sterling Investments lost 15 cents to close at $15.60 after trading 124,700 units, Supreme Ventures traded 11,259,836 shares and closed at $5.21 and Proven Investments traded 15,300 ordinary shares to close at 23 US cents.

Stocks on fire in Kingston

Bulls pushing Jamaican stock to new highs almost daily for 2017.

Prices surged on the main market of the Jamaica Stock Exchange on Friday resulted in the daily highest points gain in history of the market.
The huge move was the result mainly of sharp gains in the prices of National Commercial Bank, Scotia Group, Kingston Wharves, Jamaica Producers Group. It was a day when both the main market of the Jamaica Stock Exchange and the junior market closed at record levels as the bull market which had its genesis in late 2014, continues to build momentum with the supply of stocks on the wane, while demand builds.
At the close, the All Jamaica Composite Index jumped sharply by 9,082.60 points, to close at 226,121.49, the JSE Market Index surged 8,121.44 points to finish at 206,567.37 and the JSE combined index climbed 7,716.24 points to close at 220,633.57.
For the consecutive trading day, volume going through the market was moderate, with less than $100 million of trading. At the close, 2,882,798 units valued at $55,189,818 changed hands, compared to 3,687,829 units valued at $80,933,897 changing hands on Thursday. Of the stocks traded, the junior market accounted for 204,282 units valued at $1,106,948.
The market closed with 42 securities changing hands, with 24 stocks rising and 9 falling in the overall market, including 10 stocks rising and 2 falling, in the junior market. A total of 8 securities ended at new 52 weeks’ closing highs.
The average trade for the day in the main market, ended at 111,605 shares, compared to an average of 116,490 units traded on Thursday. For the month to date, an average of 201,775 shares traded compared to an average of 291,945 units on the previous trading day. The average for the month of December ended at 549,379 units.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 21 stocks with bids higher than their last selling prices and 3 with lower offers.
In market activity, Berger Paints gained just 1 cent to end a new closing high at $10.51 while trading 11,500 shares, Cable and Wireless ended with 137,034 units at $1.20, after rising 2 cents, Caribbean Cement dropped $2.60 in trading 79,400 shares in closing at $33.90. Carreras closed at $66.70 with 26,859 shares changing hands, 1834 Investments gained 4 cents in trading 2,419 units at $1.34, Grace Kennedy had 6,092 units trading to close at $40.64, after declining 1 cent, Jamaica Broilers rose 13 cents and closed at $15.13 with 4,787 shares changing hands. Jamaica Producers traded 27,986 shares after rising by $1 to end at a new high of $12.50, Jamaica Stock Exchange rose 10 cents to close at $5.60, having traded 127,613 shares, JMMB Group jumped to a new closing 52 weeks’ high of $16 in trading 27,146 units, after rising by 50 cents. Kingston Wharves jumped sharply by $6.25, to end trading with 6,500 units and closed at 52 weeks’ high of $34, Mayberry Investments traded 500,000 shares with gains of 25 cents, to close at $5.25, National Commercial Bank surged $5.98 to close at an all-time high of $58 after swapping 38,550 shares. 138 Student Living traded 100,000 units at $4.50, Pan Jamaican shed 10 cents and closed at $29.90, with 765,562 units traded, Portland JSX closed at $9 while trading 6,000 units, Pulse Investments traded 42,700 units, falling 13 cents to close at $5.17 after it traded at an intraday high of $5.65. Radio Jamaica lost 5 cents, closing at $1.30 with 35,778 shares traded, Sagicor Group closed with 8,935 shares changing hands, with a fall of 99 cents to $19.01, Sagicor Real Estate Fund gained 50 cents in trading 9,333 units and closed at $10. Scotia Group, with 470,682 shares changing hands jumped $2.89 cents to a 52 weeks’ closing high of $39. Supreme Ventures gained 11 cents in trading 39,240 shares to close at $5.21 and JMMB Group 7.50% preference shares traded 200,000 units to close at $1.10.

6 stocks rise 6 fall on TTSE on Friday

The Trinidad & Tobago Stock Exchange closed on Friday with an increased number of 16 securities changing hands compared to 15 on Thursday. A total of 6 stocks advanced, 4 were unchanged and 6 declined as 662,006 units were exchanged, for $5,506,299 compared to 482,036 shares valued at $3,773,912 on Thursday.
The Composite Index advanced 1.17 points to 1,225.08, the All T & T Index gained 0.28 points to 1,834.21 and the Cross Listed Index also gained 0.28 points to 82.43.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 7 stocks with bids higher than last selling prices and 8 with lower offers.
Gains| Clico Investment closed 2 cents higher at $22.52, with 142,187 units traded at a value of $3,200,232, First Caribbean International gained 3 cents trading 31,963 units to close at a 52 weeks high of $8.53, Guardian Holdings exchanged 7,600 shares and gained 18 cents to end at $13.31. JMMB Group added 4 cents to close at a 52 weeks high of $1.20 with an exchange of 364,378 units valued at $437,724, Scotia Investments closed at $2.23, gaining 2 cents with 76,418 shares changing hands and Scotiabank gained 5 cents, in closing at $58.75 with 1,000 shares traded.
Losses| Massy Holdings closed at $51.40, losing 2 cents with only 75 units changing owners, National Commercial Bank was down 7 cents to $3.28 trading 1,000 shares and Point Lisas lost 5 cents to close at $3.70 with an exchange of 530 units. Republic Financial Holdings closed at $108.28, after falling 6 cents with 9,302 shares being exchanged at a value of $1,007,221, Trinidad Cement slid 5 cents to $4.50, with 18,402 shares traded and West Indian Tobacco exchanged 100 units to close at $127.
Firm Trades| Grace Kennedy closed at $2.68 with 100 shares traded, Prestige Holdings remained unchanged at $11 with 169 units changing hands, Sagicor Financial closed at $8.50 trading 2,582 shares and Trinidad & Tobago NGL held firm at $21 with an exchange of 6,200 units.