The main market of the Jamaica Stock Exchange retreated for the second day in a row on Tuesday, with the All Jamaica Composite Index falling 395.03 points to close at 188,471.80, bringing the year to date gains to 12.6 percent. The JSE Market Index dived 353.23 points to finish at 169,569.09 and the JSE combined index dropped 1,072.17 points to end at 182,013.95 with a gain for the year to date of 15 percent.
At the close 7,411,988 units valued at $113,469,413 changed hands, compared to 2,406,886 units valued at $45,582,046 changing hands on Monday. The junior market accounted for 1,268,960 units trading valued at $6,437,908 of the stocks traded.
The average trade for the day in the main market ended at 255,960 and 178,031 month to date units. On Monday, an average of 71,224 units traded with the average for the month to date being 100,103 units. The average for the October was 220,811 units.
The market closed with 41 securities trading as the prices of 12 gained while 15 declined in the overall market, including 4 stocks rising and 5 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 1 with a lower offer.
In market activity, Barita Investments declined by 25 cents in trading 18,400 units and closed at $4.10, Berger Paints traded 77,214 shares to end at $5.90 after falling 15 cents, Cable & Wireless gained 2 cents and closed at 88 cents with 163,017 units trading. Caribbean Cement jumped $1.85 with 6,885 units changing hands, to close at $30.85, Carreras traded 20,710 shares to end at $65.20. Grace Kennedy lost 95 cents in trading 971 units at $40.05, Jamaica Broilers lost 10 cents and closed at $14 with 7,376 shares changing ownership, Jamaica Producers lost 9 cents in trading 7,329 shares to close at $8.15, Jamaica Stock Exchange ended at $8 after trading 361,145 shares. JMMB Group traded 17,000 shares and lost gained 56 cents, to end at $13.80,
Kingston Wharves traded 306,116 shares and rose 3 cents, to close at $17.20, Mayberry Investments gained just 1 cent and ended with 9,065 shares trading at the close at $4, National Commercial Bank traded 15,581 shares to close at $45.49. Trading in 138 Student Living, ended with 56,583 shares changing hands to close with a rise of 50 cents at $5.50, Radio Jamaica closed at $1.45 with 50,000 shares trading, Sagicor Group had 3,344,598 shares changing hands and fell 43 cents to close at $23.42. Scotia Group fell 35 cents in trading 58,464 shares to close at $31.20, Scotia Investments traded 41,821 shares to close at $30, Seprod jumped $5.85 in trading 219,639 shares to end at 52 weeks’ high of $30, Supreme Ventures traded 1,320,818 shares to close at $5 and Proven Investments traded 20,556 units at 19 US cents, up 1.25 cents.
More JSE stocks rise than fall
Moderate trading for TTSE
Trading on the Trinidad & Tobago Exchange closed the moderate trading session on Monday with 8 securities trading, down from 10 securities changing hands on Friday. One stock advanced, 2 declined and 5 held firm.
Trading activity resulted in the volume of 293,440 shares changing hands with a value of $3,299,858 in contrast to Friday’s volume of 134,140 shares with value of $475,187.02.
The market closed with the Composite Index declining 0.20 points to 1,177.80 points. The All T & T Index lost 0.60 points to close at 1,806.07 points. The Cross Listed Index advanced 0.03 points to close at 73.25 points.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 bids higher than their last selling prices and 7 with lower offers than the last traded price.
Gains| Grace Kennedy, the only stock to advance, gained 1 cent with 1,800 shares traded to close at $2.57.
Losses| Republic Financial Holdings lost 1 cent to close at $108.78 with 450 shares traded and Trinidad & Tobago NGL lost 24 cents, closing at $22.75 with 500 shares.
Firm Trades | Trading firm were Angostura Holdings with 7,317 shares to close at $15.50, Ansa McAL traded just 10 shares to close $62.50, Massy Holdings closed at $51 with 73 shares changing hands, Prestige Holdings traded 283,270 shares carrying a value of $3,115,970 to close at $11 and Scotiabank saw 20 shares changing hands to close at $58.74.
New record close for Jamaican stocks
The main market of the Jamaica Stock Exchange that retreated sharply on Thursday, recovered the loss and went on the record a new high, with the All Jamaica Composite Index surging 3,719.22 points to close at an all-time high of 189,308.34, bringing the year to date gains to 13.1 percent.
The JSE Market Index jumping 3,325.66 points to finish at a record 170,317.11 and the JSE combined index climbed sharply by 2,931.21 points up to end at new high of 183,141.71 pushing the gains for the year to date to 15.7 percent.
At the close 3,671,278 units valued at $37,632,036 changed hands, compared to 3,333,891 units valued at $23,300,182 changing hands on Thursday. The junior market accounted for 1,625,906 units trading valued at $9,305,449 of the stocks traded.
The average trade for the day in the main market ended at 78,668 and month to date 128,982 units. On Thursday, an average of 330,400 units traded. 
The average for the October was 220,811 units.
The market closed with 40 securities trading as the prices of 15 gained while 8 declined in the overall market, including 7 stocks rising and 2 falling, in the junior market. A number of attempts to trade Jamaica Stock Exchange were blocked, with the bids posted for most of the day, based on the pre-split price and not on the new number of shares emanating from the 5 to 1 split that became effective on Friday.
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 5 with lower offers.
In market activity, Barita Investments traded 11,000 units and declined 5 cents to close at $4.35, Berger Paints traded 5,000 shares to end at $6.55 after rising 50 cents, to close at a new 52 weeks’ high, Cable & Wireless closed at 85 cents with 765,410 units trading. Caribbean Cement jumped $1.46 with just 200 units changing hands to close at $30.46, Carreras traded 22,791 shares to end at $65. Grace Kennedy lost 5 cents in trading 12,984 units at $41.45,
JMMB Group traded 16,889 shares and lost 20 cents, to end at $14, Kingston Wharves traded 1,735 shares and closed at $17.19, Mayberry Investments rose 35 cents and ended with 2,734 shares trading at the close at $4. National Commercial Bank rose 26 cents in trading 12,030 shares to close at a new 52 weeks’ high of $45.25, Pan Jamaican Investment lost 20 cents and closed at $22.80 after trading 298,100 shares, Sagicor Group had 1,130 shares changing hands and rose 68 cents to close at $23.18. Scotia Group climbed $1.35 in trading 496,267 shares to close at $32.40, Seprod traded 2,000 shares to end at $24.15, Proven Investments traded 34,300 units at 19.90 US cents and Sterling Investments rose $1.45 cent and traded just 300 units to close at a 52 weeks’ high of $15.50.
JMMB 20% higher in Trinidad
JMMB is one of four Jamaican stocks selling at a big premium on the TTSE.
The premium placed on the Jamaican stocks, ranged between 11 per cent for Scotia Investments to a high of 20 percent for JMMB Group.
Trading activity resulted in 15 securities changing hands, up from the 14 traded on Wednesday with 4 securities advancing, 3 falling, while 8 traded firm while 2 stocks closing at 52 week’s highs and 1 at a low.
The market ended with 219,147 shares changing hands with a value of $2,777,660 in contrast to Wednesday’s volume of 171,910 shares with value of $2,294,211.
The market closed with the Composite Index rising 1.87 points to close at 1,178.77. The All T & T Index gained 1.31 points to close at 1,809.30 points, down 7.14 percent for the year to date, while the Cross Listed Index advanced 0.33 points to close at 73.19 points and is up 47.83 percent for the year to date.
IC bid-offer Indicator | The investor’s Choice bid-offer indicator ended with 3 stocks with bids higher than their last selling prices and 6 with lower offers
Gains| Angostura Holdings gained 50 cents to end with 3,000 shares, to close at a 52 week’s high of $15.50, JMMB Group gained 4 cents and ended with 67,530 shares changing hands to close at a 52 weeks’ high of 90 cents, or J$17, the stock traded in Jamaica at $14.20 on Thursday. National Commercial Bank gained 2 cents to end with 10,000 shares, to close at $2.68 or J$51 compared to $44.99 the last traded price in Jamaica and Scotia Investments gained 1 cent to end with 2,000 shares to close at $1.81, (J$34.40).
< Strong> Losses| Guardian Media lost 75 cents to close with 500 shares at a 52 week’s low of $19, National Flour Mills lost 6 cents to end with 7,550 shares, to close at $2.58, Scotiabank Trinidad & Tobago lost 1 cent to end with 330 shares at $58.74.
Firm Trades | Agostini’s closed with 43 shares changing hands at $17.40, Clico Investment Fund ended with 107,800 shares changed hands at $22.60, First Caribbean International Bank traded 1,394 shares to close at $8.10, Grace Kennedy closed with 7,000 shares at $2.55 or the Jamaica equivalent of J$48.50 versus $41.50 the stock last traded in Jamaica. Massy Holdings ended with 20 shares trading at $51, One Caribbean Media ended with 20 shares changing hands to close at $20, Sagicor Financial Corporation ended with 9,551 shares to close at $7.15 and Trinidad & Tobago NGL ended with 2,400 shares to close at $23.
Trading activity drops on Friday
Trading on Trinidad and Tobago Stock Exchange closed on Friday with less activity than on Thursday, as 10 securities changed hands, down from the 15 traded on Thursday. The market closed with 134,140 shares changing hands valued at $475,187 compared to Thursday’s volume of 219,147 shares valued at $2,777,660.
At the end of trading just 1 security advanced, 4 declined, while 5 traded firm. The market closed with the Composite Index declining 0.77 points to end at 1,178.00 points. The All T & T Index lost 1.73 points to close at 1,807.57 points, down 7.23 percent for the year to date while the Cross Listed Index advanced 0.03 points to close at 73.22 points with a gain of 47.89 percent year to date.
IC bid-offer Indicator | The Investor’s Choice bid-offer indicator ended with 4 stocks with bids higher than their last selling prices and 6 with lower offers.
Gains| Grace Kennedy gained 1 cent to end with 16,997 shares and closed at $2.56.
< Strong> Losses| National Flour Mills lost 2 cents to close with 387 shares to end with $2.56, Republic Financial Holdings lost 20 cents to end with 10 shares trading and closed at $108.79. Trinidad & Tobago NGL lost 1 cent to end with 10,658 shares trading at $22.99 and Trinidad Cement lost 5 cents with 3,800 shares changing hands to end at $3.40.
Firm Trades | First Citizens Bank traded 1,195 shares to close at $33, JMMB Group with 100,363 shares to close at 90 cents, Massy Holdings with 210 shares changing hands closed at $51, Scotiabank traded 510 shares to close at $58.74 and West Indian Tobacco traded 10 shares to close $127.
Jamaica’s main market in sharp retreat
Scotiabank dropped $1.93 to help rip large chunk in points off the indices.
At the close 3,333,891 units valued at $23,300,182 changed hands, compared to 8,751,466 units valued at $70,052,498 changing hands on Wednesday. The junior market accounted for 2,322,147 units trading valued at $11,077,945 of the stocks traded.
The average trade for the day in the main market ended at 330,400 and month to date 312,605 units. On Wednesday, an average of 294,810 units traded. The average for the October was 220,811 units.The market closed with 34 securities trading as the prices of 11 gained while 10 declined in the overall market, including 4 stocks rising and 2 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 5 with lower offers.
In market activity, Berger Paints traded 5,670 shares to end at $6.05 after rising 5 cents, Cable & Wireless rose 1 cent to close at 85 cents with 152,000 units trading. Caribbean Cement dropped $1.85 with 250 units changing hands to close at $29, Carreras traded 1,655 shares to end at $66. Grace Kennedy lost 25 cents in trading 13,630 units at $41.50,
Jamaica Broilers closed at $14.50 with 175,869 shares changing ownership, Jamaica Producers gained 10 cents to end at $8.30 with 71,668 units trading, Jamaica Stock Exchange rose 48 cents and ended at $27.98 while trading 29,463 shares. JMMB Group traded 23,167 shares and rose 21 cents, to end at $14.20, Kingston Wharves traded 2,600 shares and lost 31 cents to close at $17.19, Mayberry Investments ended with 19,020 shares trading at $3.65, National Commercial Bank rose 49 cents in trading 5,915 shares to close at $44.99. Pan Jamaican Investment lost 15 cents and closed at $23 after trading 165,986 shares, Sagicor Group had 64,289 shares changing hands and dropped $1 to close at $22.50. Scotia Group dived $1.93 in trading 5,200 shares to close at $31.05, Seprod traded 9,110 shares to end at $24.15, Proven Investments traded 5,215 units at 19.90 US cents and JMMB Group 7.50% preference shares fell 1 cent and traded 235,175 units at $1.08.
Jamaican stocks jump 3,000 points to record
Sagicor Group jumped $1.50 and helped push JSE to a new record on Wednesday.
Helping to move the index up were a $3.35 jump in Caribbean Cement, 80 cents gain in National Commercial Bank, a gain of $1.50 in Sagicor Group and $1.48 in Scotia Group.
The JSE Market Index jumped 3,363.67 points to finish at 169,572.00 and the JSE combined index blasted 3,330.80 points up, to end at 182,521.72 and gained 15.3 percent for the year to date.
At the close 8,751,466 units valued at $70,052,498 changed hands, compared to 8,941,559 units valued at $145,848,058 changing hands on Tuesday. The junior market accounted for 521,462 units trading valued at $7,467,867 of the stocks traded.
The average trade for the day in the main market ended at 330,400 and month to date 312,605 units. On Tuesday, an average of 294,810 units traded. The average for the October was 220,811 units.The market closed with 43 securities trading as the prices of 19 gained while 9 declined in the overall market, including 6 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 15 stocks with bids higher than their last selling prices and 4 with lower offers.
In market activity, Barita Investments lost 5 cents in trading 3,200 units to close at $4.40, Berger Paints traded 7,068 shares to end at $6 after rising 14 cents, Cable & Wireless lost 1 cent to close at 84 cents with 94,486 units trading. Caribbean Cement recovered $3.35 with 10,094 units changing hands to close at $30.85, Carreras traded 57,910 shares and jumped 40 cents to end at $66. Grace Kennedy lost 24 cents in trading 18,701 units at $41.75, Jamaica Producers gained 1 cent to end at $8.20 with 33,536 units trading,
Jamaica Stock Exchange rose 26 cents and ended at $27.50 while trading 41,833 shares. JMMB Group traded just 670 shares and rose 49 cents to end at $13.99, Kingston Wharves traded 6,740 shares to close at $17.50, Mayberry Investments fell 23 cents and ended with 34,383 shares trading at $3.65, National Commercial Bank rose 80 cents in trading 28,240 shares to close at $44.50. Radio Jamaica gained 5 cents and closed at $1.45 after trading 5,000 shares, Sagicor Group had 77,084 shares changing hands and jumped $1.50 to close at $23.50. Scotia Group jumped $1.48 in trading 438,863 shares to close at $32.98, Supreme Ventures traded 7,196,635 shares to end at $5, Proven Investments traded 88,291 units at 19.89 US cents down from 20 US cents and JMMB Group 7.50% preference shares rose 1 cent and traded 80,500 units at $1.09.
Cement drops $3.50 gets support at $27.50
Carib Cement dived $3.50 to end at $27.50, in response to losses in Q3.
The main market indices of the Jamaica Stock Exchange lost grounds on Tuesday with the all Jamaica Composite Index dropping 616.14 points to 184,713.31. The JSE Market Index dived 550.94 points to finish at 166,208.33 and the JSE combined index declined 488.83 points to end at 179,190.92 and gained at 13.5 percent for the year to date.
At the close 8,941,559 units valued at $145,848,058 changed hands, compared to 5,240,652 units valued at $17,874,079 changing hands on Monday. The junior market accounted for 981,688 units trading valued at $4,566,702 of the stocks traded.
The average trade for the day in the main market ended at 294,810 units. On Monday, an average of 189,771 units, compared to an average for the October of 220,811 units.
The market closed with 42 securities trading as the prices of 13 gained while 16 declined in the overall market, including 4 stocks rising and 5 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 7 with lower offers.
In market activity, Barita Investments traded 5,500 units to close at $4.45, Berger Paints traded 18,408 shares to end at $5.86 after falling 14 cents, Cable & Wireless closed at 85 cents with 48,236 units trading. Carreras traded 13,438 shares and shed 6 cents to end at $65.60. Trading in 1834 Investments resulted in 5,241 shares changing hands with a rise of 2 cents at $1.27, Grace Kennedy gained 49 cents and traded 122,011 units at $41.99, Jamaica Broilers fell 1 cent and closed at $14.50 with 5,002,886 shares switching owners.
Jamaica Stock Exchange lost 26 cents and ended at $27.24 while trading 26,872 shares, JMMB Group traded 85,795 shares and rose 20 cents to end at $13.50, Kingston Wharves traded 2,700 shares to close at $17.50,Mayberry Investments fell 12 cents and ended with 129,368 shares trading at $3.88, National Commercial Bank traded 93,037 shares to close at $43.70. Pan Jamaican Investments lost 29 cents and closed at $23 after trading 54,650 shares, Sagicor Group had 53,525 shares changing hands and lost 90 cents to close at $22, Sagicor Real Estate Fund traded 6,000 shares to close at $10.25 after rising 5 cents. Scotia Group traded 1,290,387 shares to close at $31.50, Seprod lost 85 cents in trading 62,825 shares to end at $24.15, Proven Investments traded 290,126 units at 20 US cents up from 19.90 US cents and JMMB Group 7.50% preference shares traded 506,000 units at $1.08.
TTSE open November positively
Guardian Holdings climbed 40 cents on Tuesday.
Trading activity resulted in the volume of 174,997 shares changing hands with a value of $1,162,709 in contrast to Monday’s volume of 49,828 shares with value of $214,031, as
The market closed with the Composite Index rising 2.40 points to close at 1,175.15. The All T & T Index gained 2.86 points to close 1,804.30 points, for a year to date fall of 7.4 percent. The Cross Listed Index advanced by 0.26 points to close at 72.89 points, up 47.22 percent, year to date.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 8 stocks with bids higher than their last selling prices and 6 with lower offers.
Gains| First Citizens Bank gained 25 cents after trading 1,000 shares, to close at $32.25, Guardian Holdings ended trading with 25,000 shares with a value of $325,000 changing hands with a gain of 40 cents to close at $13. JMMB Group gained 5 cents to end with 65,961 shares changing hands to close at a new 52 weeks’ high of 90 cents and Sagicor Financial Corporation closed with 11,300 shares changing hands and gained 5 cents to $7.05.
Losses| Calypso Macro Index Fund lost 2 cents to close at 52 weeks’ low of $21.97 after trading 492 shares, National Enterprises traded 15,000 shares and Republic Financial Holdings and 68 shares and both lost 1 cents each to close at $10.40 and $108.99 respectively.Firm Trades| Trading firm are, Angostura Holdings with 2,525 shares to close at $15, Clico Investment Fund closed with 510 shares changing hands to end at $22.60, Grace Kennedy at $2.55 with 24,880 shares changing hands, Massy Holdings with 60 shares to close at $51.42. National Flour Mills traded 680 shares to close at $2.64, Prestige Holdings closed at $11 with 25,500 shares, Scotiabank Trinidad and Tobago with 1,339 shares changing hands closed at $58.75 and Trinidad & Tobago NGL closed trading with 510 units at $22.60.
3 stocks rose 2 fell on TTSE – Monday
Trading on the Trinidad and Tobago Exchange ended on Monday with 9 securities changing hands, the same as on Friday. At the close 3 stocks gained while 2 declined and 4 remained unchanged.
Trading activity closed with 49,828 shares valued at $214,031 changing hands, compared to 98,234 shares valued at $2,410,845 on Friday.
The market closed with the the Composite Index fell 0.50 points to close at 1,172.75. The All T&T Index dropped 3.15 points to 1,801.44, down 7.55 percent for 2016 and the Cross Listed Index gained 0.30 points to 72.63 points and is up 46.70 percent, year to date.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 9 stocks with bids higher than their last selling prices and 8 with lower offers.
Gains| National Commercial Bank gained of 5 cents to close with 10,000 shares changing hands at $2.65, National Enterprises gained 1 cent, in closing at $10.41 with 2,550 shares changing hands and Sagicor Financial ended trading with 875 shares with a rise of 1 cent to close at $7.01.
Losses| Grace Kennedy lost 2 cents in contributing 6,918 shares in trading, to close at $2.55 and Trinidad Cement dropped 50 cents to $3.45 while trading 28,909 shares as investors reacted negatively to a fall in profit for the September quarter.
Firm Trades| Clico Investment Fund closed with just 5 shares changing hands to end at $22.60, Scotiabank closed with 273 shares changing hands at $58.75, Trinidad and Tobago NGL closed at $23 with 178 units changing hands and West Indian Tobacco traded 120 shares changing hands to close at $127.