The slide on the Trinidad & Tobago Stock Exchange continued on Tuesday as trading ended with 891,703 shares valued at $8,121,426 changing hands. A total of 16 securities traded with 5 falling, 8 gaining while 3 remained unchanged. Two stocks closed at a 52 weeks’ low.
The market closed with the Composite Index declined by 3.31 points to close at 1,135.45, the All T&T Index fell by 7.61 points to close at 1,816.51 and the Cross Listed Index rose 14 points to 60.35.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 4 stocks with the bid higher than the last selling price and 9 with offers that were lower. More telling is the fact that about a third of the listings, have no bids to buy, a clear sign of a weakness.
Gains| Clico Investments Fund ended with a volume of 19,110 shares valued at $430,977 to end with a gain of 1 cent at $22.56, Guardian Holdings ended trading 54,007 shares valued at $751,021 but rose 15 cents to close at $13.95, JMMB Group contributed 348,525 shares but gained 3 cents in closing at 60 cents. National Flour ended with 707 shares changing hands and closed with a gain of 5 cents at $2, Point Lisas closed with 6,532 shares trading 5 cents higher at $4.05. Sagicor Financial Corporation closed with 202,800 shares valued at $1,415,578 changing hands to end with a rise of 1 cent at $6.99, Scotia Investments contributed 197 shares, gained 6 cents to close at $1.81 and Trinidad and Tobago NGL ended trading 26,838 shares valued at $511,789 but rose 2 cents to end at $19.08.
Losses| Ansa McAl traded 20,200 shares valued at $1,270,570 but lost 50 cents to close at a new 52 weeks low of $62.85, First Citizens traded 10,029 shares with a value of $347,991 but lost 4 cents to end at $34.70. National Enterprises closed with 8,462 shares changing hands at a 52 weeks’ low of $9.49 after falling by 51 cents, 
Republic Financial Holdings dropped 19 cents to close at $112 with 13,447 shares valued at $1,506,251 changing hands and West Indian Tobacco traded 3,300 shares valued $416,691 but lost 1 cent in ending at $126.27.
Firm Trades| Firstcaribbean International Bank closed at $6.50 with 171,500 units valued at $1,114,750 changing hands, Grace Kennedy traded 5,397 shares to end at $5.20 and Guardian Media traded 652 shares with the price remaining at $19.75.
No end to TTSE slide – Tuesday
Losses for JSE on Tuesday
The main market of the Jamaica Stock Exchange suffered losses on Tuesday, as declining stocks beat out advancing stocks. Indications continue to show weakness in the overall market. The number of stocks participating is down to lower levels compared to more recent trading and with the IC Indicator reflecting a weak signal.
For the overall market, 35 securities changed hands, in all market segments with 10 rising and 15 declining. The market closed with 3,907,504 units valued at $73,631,745 changing hands in all markets. The junior market accounted for 934,404 units changing hands, valued at $3,657,423.
The JSE Market Index shed 428.48 points to end at 153,150.85, the 
all Jamaica Composite Index lost 478.85 points to end at 170,111.01 and the JSE combined index fell 530.26 points to close at 161,848.77.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 6 stocks with bids higher than their last selling prices and 11 with lower offers.
At the end of the market activities, Cable & Wireless traded 263,169 units to close with a loss of 4 cents at $1.35, Caribbean Cement ended at $23 with 10,000 shares trading, after rising 35 cents, Carreras gained $1 in trading 123,177 shares to end at $66, Desnoes and Geddes traded 4,074 at $24. Gleaner traded 1,834 shares at $2.09 essentially at the same price as before the media segment was taken over by Radio Jamaica. Grace Kennedy closed with 6,249 shares changing hands at $82, Jamaica Broilers dropped 80 cents in trading 12,999 units to close at $13.20, 
Jamaica Producers closed with a loss of $3 at $30 while trading only 2,000 shares, Jamaica Stock Exchange dropped $1.90 in trading 17,993 units to close at $21, Kingston Wharves traded 7,400 shares to close at $11.45. Mayberry Investments traded 40,000 shares to end at $4.45, National Commercial Bank lost 3 cents with 200,254 shares changing hands to close at $41, Sagicor Group fell 14 cents with 2,146,337 shares changing hands to close at $23.60, Scotia Group traded 7,781 shares to close at $30.90. Scotia Investments lost $2.40 with 4,750 shares changing hands to end at $27, Supreme Ventures closed with a rise of 50 cents at $5 with 34,223 units changing hands and JMMB 5.75% preference share traded 40,972 units at $1.20 and 39,116 preference share of JMMB Group 7.5% traded to end at $2.15.
Gains for JSE on Monday
Sagicor Group closed at a 52 weeks’ high on Monday
For the overall market, 32 securities changed hands, in all market segments with 11 rising and 10 declining while 1 closed at a 52 weeks’ closing high and one at an intraday record high. The market closed with 4,459,879 units valued at $105,773,180 changing hands in all markets. The junior market accounted for 935,672 units changing hands, valued at $3,901,047.
The JSE Market Index garnered 498.31 points to end at 153,581.38, the all Jamaica Composite Index added 556.89 points to end at 170,592.15 and the JSE combined index gained 199.09 points to close at 162,360.97.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 8 stocks with bids higher than their last selling prices and 9 with lower offers. At the end of the market activities, Cable & Wireless traded 239,100 units to close with a gain of 2 cents at $1.39, Caribbean Cement ended at $22.65 with just 2,246 shares trading, after declining by 65 cents, Carreras traded 4,806 shares to end at $65, Gleaner closed at $2.09 with 105,736 shares changing hands. Grace Kennedy closed with 176,230 shares trading with a loss of 99 cents at $82, still well below the $97 equivalent, it last traded at in Trinidad. Jamaica Broilers declined by 9 cents in trading 5,375 units to close at $14, Jamaica Producers closed with a gain of $2 at $33 while trading 1,264,675 shares, down from 2,261,978 units traded on Friday. Jamaica Stock Exchange rose by 90 cents in trading 25,254 units to close at $22.90, JMMB Group had 7,596 units changing hands but rose 30 cents in closing at $10.30, Kingston Wharves traded 1,000 shares to close at $11.45, Mayberry Investments traded 20,680 shares to end at $4.45.
National Commercial Bank gained $1.03 with 330,105 shares changing hands to close at $41.03, Pan Jamaican investment fell 2 cents to close at $93 with 48,996 shares, Proven Investments ordinary share traded 138,420 units at 21 US cents. Sagicor Group gained 74 cents with 935,313 shares changing hands to close at a 52 weeks’ closing high of $23.74, Sagicor Real Estate Fund traded 2,000 shares to close at $10.90, Scotia Group gained 39 cents with 69,377 shares changing hands to close at $30.90. Seprod traded 30,000 shares to close at $18.51, Supreme Ventures closed with a loss of 50 cents at $4.50 with 81,308 units changing hands and JMMB Group 7.5% preference share traded 35,990 units but recovered 5 cents to end at $2.15.
TTSE falters again – Monday
The slide on the Trinidad & Tobago Stock Exchange continued on Monday as trading ended with 170,815 shares valued at $1,057,665 changing hands. A total of 10 securities traded with 3 falling, 2 gaining while 5 remained unchanged. One stock closed at a 52 weeks’ low.
The market closed with the Composite Index declined by 3.87 points to close at 1,138.76, the All T&T Index fell by 7.34 points to close at 1,824.12 and is down by 6.3 percent since the start of the year and the Cross Listed Index declined by 0.04 points to 60.21.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 stocks with the bid higher than the last selling price and 7 with offers that were lower. More telling is the fact that about a third of the listings have no bids to buy.
Gains| Guardian Holdings ended trading just 100 shares but rose 10 cents to close at $13.80 and Trinidad and Tobago NGL ended trading 5,705 shares, but rose 1 cent to end at $19.06.
Losses| JMMB Group contributed 7,164 shares valued but lost 2 cents in closing at 57 cents, National Enterprises closed with 11,640 shares changing hands at to close at a 52 weeks’ low of $10 after falling by 50 cents 
and West Indian Tobacco traded 829 share but lost 2 cents in ending at $126.28.
Firm Trades| Ansa Merchant Bank traded 1,028 units at $38.95, Clico Investments Fund ended with a volume of 12,700 shares to end at $22.55, Firstcaribbean International Bank closed at $6.50 with only 2,516 units changing hands. Grace Kennedy traded 53,773 shares to end at $5.20 and National Commercial Bank traded 86,000 shares at $2.40.
More gains for JSE – Friday
Jamaica Producers traded 2.26m shares
on Friday.
The JSE Market Index recovered 473.06 points to end at 153,083.07, the all Jamaica Composite Index added 528.67 points to end at 170,035.26 and the JSE combined index gained 380.86 points to close at 162,181.88.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 10 stocks with bids higher than their last selling prices and 6 with lower offers.
At the end of the market activities, Cable & Wireless traded 106,517 units to close at $1.37, Caribbean Cement ended at $23.50 with 109,949 shares trading, after gaining $1, Carreras traded 38,075 shares and rose by $1 to $65, Desnoes and Geddes traded 14,000 shares but lost 73 cents to close at $24. Gleaner lost 1 cent and closed at $2.09 with 181,862 shares changing hands. Grace Kennedy closed with 29,093 shares trading with a loss of 1 cent at $82.99, well below the $97 equivalent, it last traded at in Trinidad. Jamaica Broilers traded 389,818 units to close at $14.09, Jamaica Producers traded 2,261,978 units to close with a gain of 72 cents at $31, Jamaica Stock Exchange fell 45 cents in trading 11,784 units to close at $22, JMMB Group had 129,188 units changing hands but fell 5 cents in closing at $10. Kingston Wharves traded 3,366 shares to close with a loss of 5 cents at $11.45, Mayberry Investments traded 41,168 shares but rose 25 cents to end at $4.45.
National Commercial Bank with 833,006 shares changing hands, closed 10 cents higher at $40, Pan Jamaican investment fell $1.98 to close at $93.02 with 6,096 shares, Proven Investments ordinary share traded 9,000 units and gained 1 US cent in closing at 21 US cents, Radio Jamaica ended with 27,747 units changing hands for 24 cents higher to close at $4.99. Sagicor Group gained 48 cents with 684,972 shares changing hands at $23, Sagicor Real Estate Fund traded 9,100 shares and rose 90 cents to close at $10.90, Scotia Group had 33,980 shares changing hands to close at $30.51 after rising 1 cent. Seprod traded 57,544 shares and fell 69 cents to close at $18.51, Supreme Ventures closed with a loss of 5 cents at $5 with 11,600 units changing hands and JMMB 7.5% preference share traded 50,000 units but lost 5 cents to end at $2.10.
Big drop again for TTSE – Friday
Scotiabank at a new 52 weeks’ low on TTSE.
The market closed with the Composite Index declined by 10.05 points to close at 1,142.63, the All T&T Index fell by 19.89 points to close at 1,831.46 and is down by 6.3 percent since the start of the year and the Cross Listed Index declined by 0.01 points to 60.25.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 stocks with the bid higher than the last selling price and 6 with offers that were lower. More telling is the fact that about a third of the listings have no bids to buy.
Gains|Prestige Holdings with 2,812 units changing hands ended at a 52 weeks’ high of $11.21 to record a gain of 5 cents.
Losses| ANSA McAL contributed 39,272 shares valued at $2,485,487 but lost 33 cents in closing at a 52 weeks’ low of $63.35, First Citizens lost 24 cent in closing at $34.74 with only 287 units changing hands. LJ Williams B share lost 2 cents in closing at 97 cents with 250 units changing hands, Massy Holdings ended with a loss of 71 cents with 5,000 shares changing hands at a new 52 weeks’ low of $55.99, National Enterprises closed with 11,640 shares changing hands at to close at a 52 weeks’ low of $10.50 after falling by $1, Sagicor Financial Corporation traded 100 units at $6.98
after slipping by 1 cent, Scotiabank traded 2,173 shares but dropped by $1.97 to end at a 52 weeks’ low of $57.49.Firm Trades| Clico Investments Fund ended with a volume of 70,873 shares valued at $1,598,142 to end at $22.55, Grace Kennedy traded 100 shares to end at $5.20, LJ Williams 8% preference share traded 200 units at $3.30. Trinidad and Tobago NGL ended trading 21,157 shares with a value of $403,041 at $19.05 and Unilever Caribbean had 395 shares trading at $65.99.
Solid gains for JSE – Thursday
Sagicor Group HQ – the stock traded 1.8m units
Main market stocks collectively made further recovery on Thursday, with advancing stocks edging out declining stocks. For the overall market, 39 securities changed hands, in all market segments with 15 rising and 13 declining while 3 closed at record highs. The market closed with 6,927,350 units valued at $96,137,248 changing hands in all markets. The junior market accounted for 1,654,174 units changing hands, valued at $16,966,569.
The JSE Market Index recovered 862.19 points to end at 152,610.01, the all Jamaica Composite Index added 963.55 points to end at 169,506.59 and the JSE combined index gained 840.57 points to close at 161,801.02.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 11 stocks with bids higher than their last selling prices and 6 with lower offers.
At the end of the market activities, Caribbean Cement ended at $22.50 with 400 shares trading after gaining $2.50, Desnoes and Geddes traded only 1,000 shares but rose $1.13 to $24.73, Gleaner closed at $2.10 with 250,029 shares changing hands. Grace Kennedy closed with 10,752 shares trading with a gain of 40 cents at $83, well below the $97 equivalent, it last traded at in Trinidad. Jamaica Broilers traded 31,174 units to close at $14.09, Jamaica Producers traded 542,984 units to close with a loss of 2 cents at $30.28, Jamaica Stock Exchange gained 15 cents in trading 1,550 units to close at $22.45, JMMB Group had only 25,250 units changing hands but fell 5 cents in closing at $10.05. Kingston Wharves traded 3,000 shares to close at $11.50, Mayberry Investments traded 1,957,711 shares but lost 20 cents to 
end at $4.20 National Commercial Bank with 25,525 shares changing hands, to close $1.10 lower at $39.90, Proven Investments ordinary share traded 232,356 units and fell 1 US cent in closing at 20 US cents, Pulse Investments traded 10,000 shares to gain 40 cents and end at $3.30, Radio Jamaica ended with 11,124 units changing hands 25 cents higher to close at $4.75. Sagicor Group gained 42 cents with 1,823,949 shares changing hands at $22.52, Sagicor Real Estate Fund traded 27080 shares and lost 35 cents to close at $10, Scotia Group had 81,015 shares changing hands to close at $30.50 after falling 60 cents. Supreme Ventures closed with a gain of 5 cents at $5.05 with 33,200 units changing hands and Proven Investments 8% preference share traded 205,077 at $5.02 after rising 2 cents.
Juniors move higher again – Thursday
Jamaican Teas closed at a new all time high of $5 on Thursday.
Iron Rock Insurance traded 521,013 shares at a new high of $4.40 after rising by 37 cents at the close but traded as high as $4.51 for a record high, Jamaican Teas and Knutsford Express also traded at new record highs on Thursday. The junior market enjoyed another day of a rising index at the close on Thursday with a small gain of 3.12 points to end at 1,981.44.
There were two stocks closing at 52 weeks’ high at the close. The market ended with 14 securities trading, 6 of which declined and 5 advancing and 1,654,174 units changing hands, valued at $16,966,569.
At the close, 1 security ended with no bid and 6 securities had no stocks being offered for sale. There were 3 stocks closing with bids that were higher than their last selling prices and 4 ended with lower offers.
In trading, Access Financial traded 762,000 in one block as a cross at $16.51 for a loss of 49 cents, AMG Packaging gained 2 cents with 2,424 units changing hands, to close at $11.42, Blue Power traded 11,700 shares at $11, Consolidated Bakeries ended with 2,047 shares trading at $1.48. General Accident closed with 24,248 shares but lost 40 cents at $2.40, Honey Bun traded 37,500 units at $13.49 after gaining 41 cents, 
Jamaican Teas closed at a new high of $5 after the split of the issued stock into 2 shares, 14,100 units traded to record a gain of $1.15 for the day. Knutsford Express closed at a new 52 weeks’ high of $22 with 640 units changing hands, Lasco Distributors closed with 139,820 units trading with a loss of 23 cents at $5.76, Lasco Financial ended at $3 with 78,381 shares changing hands with a 10 cents loss. Lasco Manufacturing ended with 50,927 shares changing hands to close at $3.81 with a fall of 19 cents, Paramount Trading ended with just 718 units changing hands at $11.31 and tTech fell by 5 cents to close at $4.20 with 8,656 units changing hands.
JSE make gains – Wednesday
D&G dropped $6.39 on the JSE on Wednesday
The JSE Market Index recovered 274.33 points to end at 151,747.82, the all Jamaica Composite Index added 306.58 points to end at 168,543.04 and the JSE combined index gained 417.91 points to close at 160,960.45.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 9 stocks with bids higher than their last selling prices and 8 with lower offers.
At the end of the market activities, Berger Paints rose 10 cents and ended with 5,000 shares trading at $3.50, Cable & Wireless closed at $1.37 with 122,214 units changing hands, Caribbean Cement ended at $20 with 81,142 shares trading. Carreras lost 50 cents to close at $64, while trading 28,704 units, Desnoes and Geddes traded only 800 shares but fell $6.39 shares to $23.60, Gleaner closed at $2.10 with 131,961 shares changing hands, Grace Kennedy closed with 28,233 shares trading with a loss of 89 cents at $83.60, well below the $97 equivalent, it last traded at in Trinidad. Jamaica Broilers traded 45,915 units but lost 41 cents to close at $14.09, Jamaica Producers traded 13,125 units to close with a loss of 20 cents at $30.30, Jamaica Stock Exchange lost 20 cents in trading 5,000 units to close at $22.30, JMMB Group had only 1,000 units changing hands but fell 20 cents in closing at $10.10. Kingston Wharves traded 3,520 shares to rise by 5 cents to $11.50, 
National Commercial Bank with 110,881 shares changing hands, to close at $41, Proven Investments ordinary share traded 452,650 units and rose 1 US cent in closing at 21 US cents, Radio Jamaica ended with 10,255 units changing hands 15 cents higher to close at $4.50. Sagicor Group traded 56,670 shares changing hands at $22.10, Sagicor Real Estate Fund traded 49,790 shares and gained 35 cents to close at $10.35, Scotia Group had 272,706 shares changing hands to close at $31.10 after rising by $11.0. Supreme Ventures closed with a loss of 15 cents at $5 with 8,250 units changing hands, JMMB 5.75% preference share traded 32,087 units to close at $1.20 and JMMB 7.5% preference share traded 1,032,461shares to close at $2.15 and Proven Investments 8% preference share traded 229,000 at $5.
JSE took another dive – Tuesday
Jamaica Broilers traded over 3.3m shares on Tuesday.
The JSE Market Index shed 1,962.29 points to end at 151,473.49, the all Jamaica Composite Index dropped 2,192.97 points to end at 168,236.46 and the JSE combined index dived 1,429.27 points to close at 160,542.54.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 10 stocks with bids higher than their last selling prices and 6 with lower offers.At the end of the market activities, Berger Paints lost 55 cents and ended with 14,612 shares trading at $3.40, Cable & Wireless closed with a loss of 5 cents at $1.37 with 1,317,035 units changing hands, Caribbean Cement gained $1 to end at $20 with 23,847 shares trading. Carreras lost 49 cents to close at $64.50, while trading 14,840 units, Gleaner lost 10 cents to close at $2.10 with 5,000 shares changing hands, Grace Kennedy closed with 50,000 shares trading with a loss of 1 cent at $83.49, well below the $97 equivalent, it last traded at in Trinidad. Jamaica Broilers traded 3,323,214 units to close at $14.50, Jamaica Stock Exchange traded 90,000 units to close at $22.50, JMMB Group had 72,435 units changing hands but fell 10 cents in closing at $10.30, Kingston Wharves traded 34,654 shares trading with a loss of 5 cents at $11.45.
National Commercial Bank with 547,321 shares changing hands, to close at $41, Proven Investments ordinary share traded 530,450 units and fell 2 US cents in closing at 20 US cents, Radio Jamaica ended with 29,880 units changing hands at 40 cents higher to close at $4.35. Sagicor Group lost 90 cents with 94,090 shares changing hands at $22.10, Sagicor Real Estate Fund traded 17,343 shares to close at $10, Scotia Group had 296,974 shares changing hands to close at $30 after falling by $1, Scotia Investments rose $1.49 to close at $29.49 with 503,451 units trading. Supreme Ventures closed with a gain of 55 cents at $5.15 with 33,900 units changing hands, JMMB 7.5% preference share traded 8 million units but fell 13 cents to close at $1.07 and JMMB 7.5% preference share traded 50,000 shares to close at $2.15.
