Record 191,788 close for JSE stocks

Bulls in cautious run on Jamaican stocks

Bulls in cautious run on Jamaican stocks

The Jamaica Stock Exchange main market surged on Wednesday as movement in National Commercial Bank shares between Tuesday and today help drive the All Jamaican index by 1,682 points to a new all-time closing high. Trading volume rose above Tuesday’s levels but with a lower dollar value.
At the close the All Jamaica Composite Index climbed 1,682.71 points to close at 191,787.84, with the year to date gains at 13 percent. The JSE Market Index rose 1,504.65 points to finish at 172,534.23 and the JSE combined index gained 996.34 points to end at 185,136.96 with a gain for the year to date of 17 percent.
At the close 5,034,107 units valued at $28,268,540 changed hands, compared to 3,554,573 units valued at $49,191,747 changing hands on Tuesday. The junior market accounted for 1,885,054 units trading valued at $7,271,634 of the stocks traded.
ICI JSE sum 16-11-16 The average trade for the day in the main market ended at 125,962 and 117,386 units month to date. On Tuesday, an average of 90,548 units traded and for the month to date, 99,679 units, in comparison the average for the October was 220,811 units.
The market closed with 39 securities trading as the prices of 14 gained while 14 declined in the overall market, including 6 stocks rising and 6 falling, in the junior market.
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 just 3 with lower offers.
In market activity, Barita Investments traded 14,000 units to close at $4.20, Berger traded 14,500 shares to gain 15 cents and close at $6.50, Cable & Wireless closed at 80 cents with 167,652 units trading, Caribbean Cement lost 65 cents with 26,557 units changing hands, to close at $29.30, Carreras gained $1 in trading 6,500 shares to end at $66. Ciboney traded 254,900 units and closed at 18 cents, Grace Kennedy ended up trading 42,866 units at $41.40 after easing 3 cents, Jamaica Broilers fell 7 cents and closed at $14.51 with 32,302 shares changing ownership, Jamaica Producers lost 20 cents to end at $8 with 124,267 units trading.ICI -JSE fn Qts -16-11-16Jamaica Stock Exchange rose 19 cents and ended at $5.70 after trading 71,432 shares, JMMB Group close trading with 289,634 shares to end at $14, Mayberry Investments rose 10 cents in trading 35,604 shares to close at $3.75, National Commercial Bank ended with just 2,200 shares changing hands but fell back $4 to $49. Trading in the shares of 138 Student Living ended in 53,200 units changing hands at $5, Pan Jamaican Investment fell 85 cents and closed at $22.80 after trading 40,782 shares, Portland JSX traded just 1,000 units with the price falling 79 cents to $10.21, for an all-time low. Sagicor Group had 117,831 shares changing hands and fell 89 cents to close at $24.10, Sagicor Real Estate Fund closed at $10.23 with 21,237 units switching owners, Scotia Group gained 29 cents in trading 75,089 shares to close at $31.50, Seprod rose 20 cents in trading 82,367 shares to end at $27.50. Proven Investments ordinary share traded 15,255 units to end at 19.50 US cents compared to 19.97 US cents on Tuesday, JMMB Group 7.50% preference share gained 1 cent in trading 1,251,688 units at $1.09 and Jamaica Money Market Brokers 7.50% preference share ended in trading 401,986 units at $2.10.

National Commercial jumps $7 to $53

NCB closes at new record on Tuesday on the JSE.

NCB closes at new record on Tuesday on the JSE.

National Commercial Bank jumped 15 percent with a rise of $7 to a 52 weeks’ high of $53 while trading 64,595 shares. Trading levels on the Jamaica Stock Exchange climbed on Tuesday from Monday’s levels and the main market climbed as the number of securities rising exceeded those falling almost 2 to 1 with 4 stocks hitting 52 weeks’ high.
At the close the All Jamaica Composite Index climbed 1,633.32 points to close at 190,105.13, with the year to date gains at 13 percent. The JSE Market Index rose 1,460.49 points to finish at 171,029.58 and the JSE combined index gained 1,250.77 points to end at 184,140.62 with a gain for the year to date of 15.6 percent.
At the close 3,554,573 units valued at $49,191,747 changed hands, compared to 1,386,155 units valued at $4,662,262 changing hands on Monday. The junior market accounted for 1,290,866 units trading valued at $5,509,660 of the stocks traded.
ICI Jm sum 15-11-16rv The average trade for the day in the main market ended at 90,548 and 99,679 units month to date. On Monday, an average of 62,133 units traded and for the month to date, 108,809 units, in comparison the average for the October was 220,811 units.
The market closed with 42 securities trading as the prices of 21 gained while 13 declined in the overall market, including 9 stocks rising and 8 falling, in the junior market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 12 stocks with bids higher than their last selling prices and just 1 with a lower offer.
In market activity, Barita Investments traded 115,028 units and gained 20 cents to close at $4.20, Cable & Wireless closed at 80 cents with 436,344 units trading, Caribbean Cement lost 5 cents with 131,792 units changing hands, to close at $29.95, Carreras traded 2,000 shares to end at $65. Grace Kennedy ended up trading 378,873 units at $41.43 after rising 63 cents,ICI -JSE fn Qts -15-11-16r Jamaica Broilers fell 42 cents and closed at $14.58 with 6,665 shares changing ownership, Jamaica Stock Exchange rose 19 cents and ended at $5.69 after trading 101,985 shares, JMMB Group gained 55 cents in trading 237,408 shares to end at $14. Kingston Wharves jumped $1.26 in trading 40,000 shares to close at $18.51, Pan Jamaican Investment fell 5 cents and closed at $23.65 after trading 108,967 shares, Radio Jamaica closed with a gain of 1 cent to close at $1.32 with 23,297 shares trading, Sagicor Group had 452,560 shares changing hands and rose 99 cents to close at $24.99. Sagicor Real Estate Fund traded with a rise of 11 cents to close at $10.23 with 29,630 units switching owners, Scotia Investments gained 10 cents in trading 37,500 shares to close at $26.65, Seprod rose 30 cents in trading 4,600 shares to end at $27.30. Supreme Ventures fell 10 cents trading 47,100 shares to close at $4.90 and JMMB Group 7.50% preference share traded 26,082 units at $1.08.

Moderate trading on TTSE

TTstocks Trading on the Trinidad and Tobago Exchange closed on Monday with 10 securities changing hands, down from 13 on Friday, 1 of which advanced, 2 declined and 7 traded unchanged.
Market activity resulted in 1 stock closing at 52-weeks’ highs and one at a 52 weeks’ low.
Trading activity closed with 87,638 shares changing hands with a value of $556,559 compared to Friday’s volume of 510,441 with a value of $8,337,500.
The Composite Index advanced 0.08 points to 1,181.51 points, the All T & T Index lost 0.15 points to close at 1,804.46 points, 7.39 percent down year to date and the Cross Listed Index gained 0.04 points to close at 74.88 points to be up 51.24 percent for the year to date.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 5 stocks with bid higher than their last selling prices and 6 with lower offers.
TTSE sum 14-11-16 Gains| Sagicor Financial gained 5 cents to close at a 52 weeks high of $7.25 with 3,000 shares changing hands.
Losses|One Caribbean Media lost one cent to close at a 52 weeks’ low of $19.99 with 250 shares changing hands and Trinidad & Tobago NGL lost 15 cents to close at $22.55 with 10,549 shares changing hands.
Firm Trades | Clico Investment Fund closed at $22.60 with 885 shares changing hands, Ansa Merchant Bank closed at $40.01 with 2,054 shares changing hands, First Citizens Bank with 1,652 changing hands, closed at $33, Grace Kennedy with 100 shares changing hands, closed at $2.55. JMMB Group ended with 4,048 shares changing hands and closed at 91 cents, Scotia Investments closed at $1.81 with 65,000 shares changing hands and West Indian Tobacco closed at $126.95 with 100 shares changing hands.

Jamaican stocks close down – Monday

SM sign Trading levels on the Jamaica Stock Exchange slipped at the close on Monday from Friday’s with the number of securities and volume trading falling, compared to Friday. At the close the All Jamaica Composite Index fell 919.74 points to close at 188,471.81, with the year to date gains at 12.6 percent. The JSE Market Index fell 822.42 points to finish at 169,569.09 and the JSE combined index dropped 623.42 points to end at 182,889.85 with a gain for the year to date of 15.6 percent.
At the close 1,386,155 units valued at only $14,662,262 changed hands, compared to 2,121,591 units valued at $35,719,971 changing hands on Friday. The junior market accounted for 143,487 units trading valued at $754,871 of the stocks traded.
The average trade for the day in the main market ended at 62,133 and 108,809 units month to date. On Friday, an average of 81,096 units traded and for the month to date, 155,485 units, in comparison the average for the October was 220,811 units.
ICI JSE sum 14-11-16The market closed with 31 securities trading as the prices of 7 gained while 16 declined in the overall market, including 4 stocks rising and 4 falling, in the junior market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 13 stocks with bids higher than their last selling prices and just 5 with lower offers.
In market activity, Berger Paints traded 43,963 units and rose 5 cents to $6.35, Cable & Wireless closed with a loss of 5 cents to end at 80 cents with 344,471 units trading, Caribbean Cement dropped 50 cents with 18,591 units changing hands to close at $30, Carreras traded 2,675 shares and lost $1 to end at $65. Grace Kennedy fell 65 cents and ended up trading 17,455 units at $40.80, Jamaica Broilers gained 30 cents and closed at $15 with 6,050 shares changing ownership,ICI -JSE fn Qts -14-11-16 Jamaica Producers rose 20 cents in trading 1,000 shares to close at $8.20, Jamaica Stock Exchange fell 20 cents and ended at $5.50 after trading 339,443 shares. JMMB Group traded 59,840 shares to end at $13.45 with a loss of 25 cents, Mayberry Investments ended with 12,951 shares trading to close at $3.65 for a fall of 35 cents, National Commercial Bank ended trading of 19,790 shares to close at $46, Pan Jamaican Investment closed at $23.70 after trading 3,000 shares. Radio Jamaica closed with a 14 cents loss at $1.31 with 22,974 shares trading, Sagicor Group had 85,203 shares changing hands to close at $24, Sagicor Real Estate Fund traded with a fall of 13 cents to close at $10.12 with 93,001 units switching owners, Scotia Group traded 117,800 shares to close at $31.21, Scotia Investments dived $4.45 in trading 6,200 shares to end at $26.55 and Seprod fell 50 cents in trading 43,847 shares to end at $27.

Grace out JMMB in TOP 5

Grace Kennedy is out of the TOP 5 list having released nine months results with earnings that are lower than what was previously indicated from the six months results. The stock is replaced with JMMB Group that is on at number 5 in the main market with potential gains of 134 percent.
Access Financial has moved to the top of the junior market listing. The company has not yet posted results to September but results for Proven Investment show that its associated company, Access’ profit in the September quarter is up 80 percent and 50 percent for the six months, an indication that IC Insider’s forecast for earnings Top 5 stks 11-11-16of $3 for the year is on target. The other stocks have held their respective places but with Jetcon price rising during the past week to $5 from $4.51.
Barita Investments reported earnings of 54 cents per share but it’s more like 65 cents from ongoing earnings, more importantly, ongoing earnings in the September quarter is of the order of 37 cents or close to $1.20 annualised. The investment company made more money from fees and interest income and less on investment and foreign exchange gains than in the past.

Jamaican stocks rise but short of record

NCB closed at a new 52 weeks' high on the JSE on Friday following full year results.

NCB closed at a new 52 weeks’ high on the JSE on Friday following full year results.

Trading levels on the Jamaica Stock Exchange shrank sharply by the close on Friday from Thursday’s levels even as the number of securities trading remained at the same number. At the close the All Jamaica Composite Index climbed 238.43 points to close at 189,392, with the year to date gains at 13 percent.
The JSE Market Index rose 213.19 points to finish at 170,392 and the JSE combined index gained 481.02 points to end at 183,513 with a gain for the year to date of 15.6 percent.
At the close 2,121,591 units valued at $35,719,971 changed hands, compared to 18,462,121 units valued at $230,990,500 changing hands on Thursday. The junior market accounted for 256,384 units trading valued at $1,074,606 of the stocks traded.
The average trade for the day in the main market ended at 81,096 and 155,485 units month to date. On Thursday, an average of 277,373 units traded and fro the month to date, 229,873 units, in comparison the average for the October was 220,811 units.
ICI JSE sum 11-11-16The market closed with 42 securities trading as the prices of 20 gained while 12 declined in the overall market, including 8 stocks rising and 6 falling, in the junior market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 15 stocks with bids higher than their last selling prices and just 4 with lower offers.
In market activity, Cable & Wireless closed at 85 cents with 76,118 units trading, Caribbean Cement climbed 50 cents with 26,634 units changing hands to close at $30.50, Carreras traded 18,989 shares and gained 50 cents to end at $66, Grace Kennedy end up trading 28,611 units at $41.45. Jamaica Broilers gained 20 cents and closed at $14.70 with 4,058 shares changing ownership, Jamaica Producers lost 20 cents in trading 566,435 shares to close at $8, Jamaica Stock Exchange ended at $5.70 after trading 174,446 shares, JMMB Group traded 2,000 shares to end at $13.70.ICI -JSE fn Qts -11-16 Mayberry Investments ended with 21,000 shares trading to close at $4 for a fall of 1 cent, National Commercial Bank ended trading of 292,035 shares to close at a 52 weeks’ high of $46, the stock closed with just one offer at $50 to sell 200 units. Trading in 138 Student Living, ended with 181,667 shares changing hands to close with a fall of 50 cents at $5, Pan Jamaican Investment closed at $23.70 after trading 57,959 shares, Radio Jamaica closed with a 5 cents loss at $1.45 with 10,186 shares trading, Sagicor Group had 86,046 shares changing hands and rose 5 cents to close at $24. Sagicor Real Estate Fund traded with a rise of 3 cents to close at $10.25 with 28,498 units switching owners, Scotia Group slipped 9 cents in trading 87,290 shares to close at $31.21, Seprod fell 50 cents in trading 21,445 shares to end at $27.50. Supreme Ventures rose 30 cents trading 9,840 shares to close at $5.10 and Proven Investments traded 161,675 units rising slightly to close at 19.97 US cents.

First Citizens trades $6.7M on TTSE

First Citizens had the  largest value traded on TTSE on Friday.

First Citizens had the largest value traded on TTSE on Friday.

Trading on the Trinidad and Tobago Exchange closed on Friday with First Citizens having the largest value of shares trading as the market closed with 13 securities changing hands, up from 10 on Thursday, 2 of which advanced, 2 declined and 9 traded unchanged on a day when 1 stock ended at 52-week’s high.
Trading activity closed with 510,441 shares changing hands with a value of $$8,337,500, in contrast to Thursday’s volume of 168,658 units valued at $4,011,086.
The Composite Index advanced 1.01 points to 1,182.43 points, the All T & T Index gained 2.12 points to close at 1,804.61 points to be down 7.38 percent year to date and the Cross Listed Index dipped 0.01 points to close at 74.84 points and is up 51.16 percent for 2016.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 3 stocks with bid higher than their last selling prices and 7 with lower offers.
Gains| Angostura Holdings gained 1 cent to close at a 52 weeks’ high of $16.01 with 2,000 shares changing hands and Guardian Holdings gained 45 cents to close at $13 with 3,994 shares changing hands.
< Strong> Losses| Grace Kennedy traded 192,759 shares valued at $491,577 but lost 2 cents in closing at $2.55 and Trinidad & Tobago NGL slipped 1 cent to close at $22.70 with 500 shares trading.
TTSE sum 11-11-16 Firm Trades | Ansa McAl closed at $62 with 2,000 shares changing hands, Ansa Merchant Bank ended with 46 shares changing hands at $40.01, Clico Investment Fund closed at $22.60 with just 45 shares changing hands with a value of $896,994, First Citizens traded 201,792 shares valued at $6,659,136 to close at $33. First Caribbean International Bank closed at $8.50 with 95,736 shares with a value of $813,754 changing hands, JMMB Group closed at 91 cents with 1,841 shares changing hands, Massy Holdings closed at $50.99 with 1,310 shares trading, Sagicor Financial Corporation closed at $7.20 with 7,995 shares changing hands and Scotiabank closed at $58.74 with 423 shares changing hands.

Jamaican stocks retreat from record

JSE indx 11-16 The main market of the Jamaica Stock Exchange closed down on Thursday after hitting a new record on Wednesday. The All Jamaica Composite Index dropped 1,569.85 points to close at 189,153.12, bringing the year to date gains to 13 percent. The JSE Market Index fell 1,403.72 points to finish at 170,178.32 and the JSE combined index declined 1,147.57 points to end at 183,032.25 with a gain for the year to date of 15.6 percent.
At the close 18,462,121 units valued at $230,990,500 changed hands, compared to 6,616,334 units valued at $97,621,824 changing hands on Wednesday. The junior market accounted for 11,250,424 units trading valued at $76,439,888 of the stocks traded.
The average trade for the day in the main market ended at 277,373 and 229,873 month units to date. On Wednesday, an average of 186,716 units traded and 182,374 month to date. The average for the October was 220,811 units.
ICI JSE sum 10-11-16The market closed with 42 securities trading as the prices of 9 gained while 17 declined in the overall market, including 4 stocks rising and 7 falling, in the junior market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 10 stocks with bids higher than their last selling prices and just 1 with a lower offer.
In market activity, Barita Investments fell 10 cents in trading 122,337 units to close at $4, Berger Paints traded 49,519 shares to end at $6.25 after rising 2 cents, Cable & Wireless rose 3 cents and closed at 85 cents with 56,000 units trading. Caribbean Cement had just 10,748 units changing hands to close at $30, Carreras traded 1,980 shares to end at $65.50, Grace Kennedy climbed 46 cents in trading 50,947 units at $41.45, Jamaica Broilers gained 50 cents and closed at $14.50 with 241,400 shares changing ownership, Jamaica Producers lost 4 cents in trading 994,195 shares at $8.20. Jamaica Stock Exchange fell 30 cents, ending at $5.70 after trading 213,422 shares, JMMB Group traded 6,000 shares to end at $13.70, Kingston Properties traded 6,000 shares and closed at $10. ICI -JSE fn Qts 10-11-16Margaritaville Turks traded 1,629,049 shares to close at 22.01 US cents, after declining by 2.5 cents, National Commercial Bank ended with the trading of 49,275 shares to close at $45.50, Pan Jamaican Investment closed at $23.70 after trading 2,751,998 shares, Pulse Investments traded at $3 with 50,000 units changing owners. Radio Jamaica closed unchanged at $1.50 with 16,593 shares trading, Sagicor Group had 678,392 shares changing hands and rose 5 cents to close at $23.95, Scotia Group slipped 49 cents in trading 43,593 shares to close at $31.30, Seprod fell 50 cents in trading 14,051 shares to end at $28. Supreme Ventures lost 20 cents trading 2,000 shares to close at $4.80, Proven Investments traded 121,922 units slipping slightly to close at 19.9 US cents and Jamaica Money Market Brokers 7.5% preference share, traded 92,320 units to close at $2.10.

JSE all Jamaican closes at record 190,723

 NCB closed at a new high on Wednesday.

NCB closed at a new high on Wednesday.

The main market of the Jamaica Stock Exchange surged to a new record high on Wednesday, with the All Jamaica Composite Index surging 2,251.17 points to close at 190,722.97, bringing the year to date gains to 14 percent. The JSE Market Index climbed 2,012.95 points to finish at 171,582.04 and the JSE combined index jumped 2,435.87 points to end at 184,449.82 with a gain for the year to date of 16.5 percent.
At the close 6,616,334 units valued at $97,621,824 changed hands, compared to 7,411,988 units valued at $113,469,413 changing hands on Tuesday. The junior market accounted for 1,948,431 units trading valued at $13,610,614 of the stocks traded.
ICI JSE sum 9-11-16 The average trade for the day in the main market ended at 186,716 and 182,374 month to date units. On Tuesday, an average of 255,960 units traded and 178,031 month to date. The average for the October was 220,811 units.
The market closed with 37 securities trading as the prices of 16 gained while 10 declined in the overall market, including 4 stocks rising and 3 falling, in the junior market. Three stocks in the overall market, traded at new highs.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 8 stocks with bids higher than their last selling prices and 3 with lower offers.
In market activity, Barita Investments traded 10,750 units and to close at $4.10, Berger Paints traded 10,285 shares to end at $6.23 after rising 23 cents, Cable & Wireless lost 6cents and closed at 82 cents with 1,036,093 units trading. Caribbean Cement fell 85 cents with just 6,940 units changing hands to close at $30, Carreras traded 3,500 shares and rose 30 cents to end at $65.50, Grace Kennedy climbed 94 cents in trading 32,059 units at $40.99, Jamaica Producers gained 9 cents in trading 30,000 shares at $8.24. JMMB Group traded 2,054 shares and lost 10 cents, to end at $13.70, Jamaica Stock Exchange dived $2, ending at $6 after trading 89,061 shares,ICI -JSE fn Qts 9-11-16 Kingston Properties traded 29,600 shares and closed at $10. Margaritaville Turks traded 85,200 shares to close at a 52 weeks’ high of 24.50 US cents, after rising by 0.50 cent, National Commercial Bank rose 1 cent in trading 104,502 shares to close at a new 52 weeks’ closing high of $45.50, Pan Jamaican Investment gained 40 cents and closed at $23.70 after trading 2,700,060 shares, Sagicor Group had 21,526 shares changing hands and rose 48 cents to close at $23.90. Scotia Group climbed 59 cents in trading 60,823 shares to close at $31.79, Seprod fell $1.50 in trading 20,949 shares to end at $28.50, Supreme Ventures traded 147,357 shares to close at $5. Proven Investments traded 172,995 units and rose 1 cent to close at 20 US cents and Jamaica Money Market Brokers 7.25% preference share traded 80,000 units to close at $2.40.

Sharp fall for TTSE stocks on Tuesday

TTSE build Trading on the Trinidad and Tobago Exchange closed on Tuesday with big declines in a number of stocks, which pulled the main indices down relatively sharply. At the close of trading, 10 securities changed hands, up from 8 traded on Monday. One security advanced, 4 declined and 5 traded firm. Two stocks closed at 52-week highs’ low
Trading activity closed with 1,848,342 shares changing hands with a value of $27,261,839 in contrast to Monday’s volume of 293,440 shares with value of $3,299,850.
The Composite Index declined 4.57 points to 1,173.23 points, the All T & T Index dropped 8.06 points to close at 1,798.91 points, for a decline of 7.68 percent for the year to date, while the Cross Listed Index lost 0.14 points to close at 73.11 points, up 47.67 percent year to date.
IC bid-offer Indicator |The Investor’s Choice bid-offer ended with 6 stocks with bid higher than their last selling prices and 6 with lower offers.
Gains| National Enterprises gained 1 cent to $10.51 with 1,000 shares changing hands.
< Strong> Losses| Clico Investment Fund lost 1 cent to close at $22.60 with 502,979 shares valued at $11,367,329, Guardian Holdings lost 45 cents to close at a 52-weeks’ low of $12.50 with 1,175,542 shares for a value of $14,710,884 changing hands. TTSE sum 8-11-16National Commercial Bank lost 2 cents to close at $2.66 with 100,460 shares changing hands and Republic Financial Holdings lost $1.78 to close at to close at a 52-weeks’ low of $107 with 5,270 shares trading valued at $563,890.
Firm Trades | First Citizens Bank with 1,961 shares closed trading at $33, Grace Kennedy with 1,000 changing hands closed at $2.57, JMMB Group traded 50,380 shares to close at 90 cents, Massy Holdings closed with 250 shares trading at $51.00 and Trinidad & Tobago NGL ended with 9,500 shares trading at $22.75.