JSE stocks close higher – Wednesday

June 15, 2016 by

Jamaica Producers jumped to a new high on Wednesday

Jamaica Producers jumped to a new high on Wednesday

On a day when rising stocks outnumbered decliners on the Jamaica Stock Exchange when trading ended on Wednesday, new 52 weeks highs were recorded by Jamaica Producers at $48 by gaining $1.50 and ISP Finance in the junior market. Overall, 32 securities changed hands on Wednesday as the prices of 14 stocks in the overall market rose, 10 declined, including 3 stocks rising and 5 declining, from the junior market. Stocks traded hit 10,935,542 units, valued at $64,376,818, in all market segments with the junior market accounting for 9,846,087 shares, valued at $46,610,748 of all trades.
The JSE Market Index gained 770.88 points to end at 159,719.08. The all Jamaica Composite Index climbed 862.14 points to close at 177,456.06 and the JSE combined index rose 622.59 points, to end at 171,033.62.
JSE sum 15-6-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 10 stocks with bids higher than their last selling prices and 5 with lower offers.
At the end of market activities, Cable & Wireless lost 1 cent to close at $1.26 after trading 55,726 units, Caribbean Cement traded 50,925 shares and closed at $21. Carreras had 10,471 units trading, to close with a rise of 25 cents at $62.80. Trading place in 52,000 shares of 1834 Investments but the price slipped 2 cents to $1.20. Jamaica Broilers traded 44,400 units changing hands with a decline of 30 cents to close at $14.50. Jamaica Producers traded 3,569 shares and gained $1.50 to end at a 52 weeks’ closing high of $48, Jamaica Stock Exchange had 16,693 units changing hands but gained 2 cents to end at $20.02, JMMB Group rose 2 cents in trading 3,000 units to close at $9.82.JSE mm fn qts 15-6-16 National Commercial Bank traded 51,295 shares at $41.12 after shedding 40 cents, Pan Jamaican Investment Trust traded 43,090 shares to end at $27. Radio Jamaica closed trading with 3,000 shares with the price rising 23 cents to end at $1.75, Sagicor Group ended with 169,846 shares changing hands after gaining 30 cents to $23, Scotia Group dropped 59 cents to close at $31.41 with 98,123 units changing hands. Scotia Investments traded 133,125 shares to close at $26.10, Seprod traded 4,400 shares unchanged at $17, Sterling Investments traded 6,000 shares with a gain of $1.49 to close at $12.99 and JMMB Group 7.50% preference share ended with 331,396 units traded at $2.10.

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TTSE 6 stocks up 3 down on Wednesday

June 15, 2016 by

NCB closed at a new 52 weeks' high on the TTSE on Wednesday

NCB closed at a new 52 weeks’ high on the TTSE on Wednesday

Trading on the Trinidad and Tobago Stock Exchange closed on Wednesday with 16 active securities changing hands, 6 of which gained, 3 declined, while 7 remained unchanged, as 438,595 shares valued at $5,826,567 changed hands. At the close 2 stocks ended at 52 weeks’ highs.
The Composite Index gained 3.80 points to close at 1,112.25, the All T&T Index fell 0.27 points to close at 1,754.57 and the Cross Listed Index rose 1.08 to close at 62.54.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 stocks with bids higher than their last selling prices and 5 with offers that were lower.
Gains|First Citizens Bank traded 3,329 shares and gained 3 cents, to close at $30.07, Grace Kennedy traded 1,400 shares to gain 9 cents to end at a 52 weeks’ high of $5.49, Massy Holdings gained 6 cents to close at $48.26 with 1,000 shares changing hands. National Commercial Bank jumped 15 cents to close at a new high of $2.65 with 10,522 shares changing hands, Scotiabank traded 19,894 shares with a value of $1,035,555, to end at $52.10 after rising 9 cents and Trinidad and Tobago NGL closed at $22.26 with 5,050 units changing hands with a loss of 1 cent.
Losses| Clico Investments ended with 21,835 shares valued at $493,471 changing hands, after losing 1 cent to close at $22.60, TTSE 15-06-16JMMB Group fell 1 cent in trading 1,000 shares to close at 59 cents and National Enterprises, the volume leader, ended with 339,015 shares changing hands, valued at $3,729,315, with the price falling 15 cents, to close at $11.
Firm Trades| Agostini’s closed with 1,500 shares at $17.05, Guardian Holdings ended with 5,901 shares changing hands in ending at $12.80, followed by National Flour Mills traded 25,813 shares at $2.30. One Caribbean Media traded 256 units at $21.29, Sagicor Financial Corporation traded 280 shares to end at $7, Scotia Investments traded 1,000 shares to close at $1.65 and West Indian Tobacco traded 800 shares to close at $126.28.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , ,

Declining stocks beat advancers – Tuesday

June 14, 2016 by

Grace Kennedy dropped $6.99 to $118 on Tuesday.

Grace Kennedy dropped $6.99 to $118 on Tuesday.

On a day when falling stocks outnumbered rising ones on the Jamaica Stock Exchange when trading ended on Tuesday, with Grace Kennedy leading with the fall of $6.99 and Carib Cement with a decline of $3. Jamaica Producers climbed to a new 52 weeks high of $46.50 by gaining 50 cents. The volume and value of stocks traded rose above the recent low levels to hit 6,767,711 units valued at $80,226,364, in all market segments with the junior market accounting for 2,358,831 shares, valued at $14,770,636 of all trades.
Overall, 40 securities changed hands on Tuesday as the prices of 8 stocks in the overall market rose, 14 declined, including 3 stocks rising and 5 declining, from the junior market. Two stocks ended at a new 52 weeks’ high, with one of them being in the junior market.
The JSE Market Index fell 617.58 points to end at 158,948.20. The all Jamaica Composite Index declined 690.69 points to close at 176,593.92 and the JSE combined index dropped 531.51 points, to end at 170,411.03.
JSE sum 14-6-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 12 stocks with bids higher than their last selling prices and 2 with lower offers.
At the end of market activities, Barita Investments traded unchanged at $3.08 with 10,000 shares changing hands, Berger Paints traded 7,812 shares to end at $4.50, Cable & Wireless lost 1 cent to close at $1.28 after trading 106,983 units, Caribbean Cement dipped by $3 in trading 23,433 shares and closed at $21. Carreras had 10,357 units trading, to close with a fall of 46 cents at $62.55. Ciboney traded 50,000 shares but slipped a cent to 15 cents. Grace Kennedy plunged $6.99 to close at $118 with 9,000 shares trading, Jamaica Broilers traded 203,919 units changing hands with a decline of 30 cents to close at $14.50. Jamaica Producers traded 859,586 shares and gained 50 cents to end at a 52 weeks’ high of $46.50, JMMB Group fell 20 cents in trading 1,215,063 units to close at $9.80. Kingston Wharves traded just 5,060 shares at $12.50, National Commercial Bank traded 1,860 shares JSE mm fn qts 14-6-16at $41.52 after shedding 48 cents, while 138 Student Living traded 500,000 units and rose 5 cents to close at $4.55, Pan Jamaican Investment Trust traded 26,729 shares to end at $27. Radio Jamaica closed trading with 300,000 shares with the price falling 18 cents to end at $1.52, Sagicor Group ended with 30,427 shares changing hands after gaining 5 cents to $22.70, Scotia Group rose 80 cents to close at $32 with 19,767 units changing hands. Scotia Investments traded 3,000 shares but added 10 cents to close at $26.10, Seprod traded 1,000 shares unchanged at $17, Proven Investments traded 13,7000 shares at 19.48 US cents and Jamaica Money Market Brokers 7.50% preference share ended with 1,000,000 units traded at $2.10.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , ,

TTSE stocks record gains – Tuesday

June 14, 2016 by

TTSM Trading on the Trinidad and Tobago Stock Exchange closed on Tuesday with 13 active securities changing hands, 2 of which gained, 2 declined, while 9 remained unchanged, as 379,646 shares valued at $3,134,529 changed hands. At the close 2 stocks ended at 52 weeks’ lows.
The Composite Index gained 0.11 points to close at 1,108.45, the All T&T Index rose 0.22 points to close at 1,754.84 and the Cross Listed Index remained unchanged to close at 61.46.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 6 stocks with bids higher than their last selling prices and 7 with offers that were lower.
Gains|First Citizens Bank traded 200 shares and gained 3 cents to close at $30.04 and Massy Holdings gained 3 cents to close at $48.20 with 352 shares changing hands.
Losses| Clico Investments ended with 20,935 shares valued at $473,340 changing hands after losing 4 cents to close at $22.61 and Guardian Holdings ended with 4,204 shares changing hands but lost 4 cents in ending at $12.80.
Firm Trades| JMMB Group traded 184,300 shares at 60 cents, Point Lisas ended with 12,600 units trading at $3.70, Prestige Holdings ended at $10.93 with 124,678 shares valued at $1,362,731 changing hands, Sagicor Financial Corporation traded 2.945 shares to end at $7, Scotia Investments traded 4,605 shares to close at $1.65.TTSE 14-06-16 Scotiabank traded 2,305 shares, to end at $52.01, Trinidad and Tobago NGL closed at $22.25 with 18,469 units valued at $410,963 changing hands, Trinidad Cement lost 1 cent with 53 units changing hands ended at $3.42 and West Indian Tobacco traded 4,000 shares valued at $505,127 to close at $126.28.
National Commercial Bank last traded at $2.50 and continues to close with greater buying than selling interest, with the highest bid at $2.51, to buy 71,100 shares and the lowest offer at $2.65, to sell 4,900 units. The stock which sells in Jamaica at J$42, trades at J$47.50 in Trinidad, for an 11 percent difference.

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Grace drops $6.99 in early trades

June 14, 2016 by

Grace Kennedy headed back to $118, with a drop of $6.99 in early trading on the Jamaica Stock Exchange in the Tuesday morning session, while trading 7,052 shares changed hands. Cable & Wireless traded 103,278 shares at $1.29, Jamaica Money Market Brokers 7.50% preference traded 712,998 units at $2.15,ICI intra JSE 14-06-16 Lasco Distributors trade 200,337 shares at $8 and Lasco Manufacturing traded 606,845 units at $5.
Trading resulted in activity in 24 securities, accounting for a volume of 1,820,517 units as 6 stocks gained and 8 declined. The average number of shares traded amounts to just 75,855 units compared to an average of 30,397 units on Monday. Trading in Honey Bun was halted after the stock traded at $6.40, exceeding the 15 percent permitted before the circuit chips in.
After 75 minutes of trading in the early morning session, on Tuesday, the all Jamaica Composite Index dropped 267.58 points to 177,017.03, the JSE Market Index slipped 239.26 points to 159,326.52, the JSE combined index declined 113.59 to close at 170,828.95 points andthe junior market index rose 10.49 points to 2,245.42.

Filed Under: JSE Combined, Stock Market Tagged With: , , , , , , , ,

Stocks start week down – Monday

June 13, 2016 by

Grace Kennedy jumped $6.14 to close at a 52 weeks' high of $124.99 on Monday .

Grace Kennedy jumped $6.14 to close at a 52 weeks’ high of $124.99 on Monday.

Grace Kennedy with 1,299,824 with a value of $151,803,781 and National Commercial Bank with 3,020,237 shares valued at $126,848,488, were the dominant trades on the Jamaica Stock Exchange when trading ended on Monday. The volume and value of stocks traded rose above the recent low levels to hit 6,668,094 units valued at $294,997,040, in all market segments with the junior market accounting for 1,041,531 shares, valued at $5,241,081 of all trades.
Overall, 33 securities changed hands on Monday as the prices of 13 stocks in the overall market rose, 10 declined, including 5 stocks rising and 3 declining, from the junior market. Three stocks ended at a new 52 weeks’ high.
The JSE Market Index fell 205.29 points to end at 159,565.78. The all Jamaica Composite Index declined 229.60 points to close at 177,284.61 and the JSE combined index dropped 187.45 points, to end at 170,942.54. IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 8 stocks with bids higher than their last selling prices and 7 with lower offers.JSE sum 13-6-16
At the end of market activities, Berger Paints traded 3,799 shares to end at $4.50, Cable & Wireless lost 1 cent to close at $1.29 after trading 66,713 units, Caribbean Cement traded 27,600 shares and closed at $24. Carreras had 25,043 units trading, to close with a fall of $1 at $63.01. The price of 1834 Investments fell 1 cent and ended at $1.22 with 27,725 units changing hands, Grace Kennedy jumped $6.14 to close at a 52 weeks’ high of $124.99, Jamaica Broilers traded 34,545 units changing hands with a gain of 30 cents to close at $14.80. Jamaica Producers traded 48,596 shares and gained $1 to end at a 52 weeks’ high of $46, JMMB Group traded 1,509 units at $10. Kingston Wharves traded just 540 shares and rose 47 cents to $12.50, National Commercial Bank traded unchanged at $42, while 138 Student Living traded 500,000 units at $4.50,JSE mm fn qts 13-6-16 Pan Jamaican Investment Trust traded 27,725 shares and rose 50 cents to end at $27. Radio Jamaica closed trading with 229,798 shares with the price gaining 28 cents to end at $1.70, Sagicor Group ended with 9,036 shares changing hands after falling 35 cents to $22.65, Scotia Group fell 30 cents to close at $31.20 with 16,539 units changing hands. Scotia Investments traded 20,095 shares but lost 10 cents to close at $26, Seprod traded 14,400 shares unchanged at $17 and Supreme Ventures ended with a gain of 25 cents with 251,5000 shares traded at $4.75.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , ,

Stocks close week positively on Friday

June 10, 2016 by

JSE frnt 2 The Jamaica Stock Exchange ended higher at the close of trading on Friday, with all major market indices recording positive movements, while the volume and value of stocks traded rose above the recent low levels. Supreme Ventures was the dominant trade with 3,590,303 units to close unchanged at $4.50 and 138 Student living with 1 million shares closed at $4.50 after gaining by 10 cents.
Overall, 43 securities changed hands on Friday, accounting for 8,594,535 units valued at $114,210,268, in all market segments. The junior market accounted for 2,704,040 shares, valued at $10,558,176 of the all trades. Prices of 16 stocks in the overall market rose, 13 declined, including 8 stocks rising and 4 declining, from the junior market. One stock ended at a new 52 weeks’ high.
The JSE Market Index rose 429.50 points to end at 159,771.07. The all Jamaica Composite JSE sum 10-6-16Index gained 480.36 points to close at 177,514.21 and the JSE combined index climbed 600.38 points, to close at 171,129.99.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 15 stocks with bids higher than their last selling prices and 3 with lower offers.
At the end of market activities, Berger Paints traded 21,000 shares to end at $4.50, Cable & Wireless gained 3 cents to close at $1.30 after trading 16,741 units, Caribbean Cement traded 18,552 shares and closed with a loss of 50 cents at $24. Carreras had 2,216 units trading, to close with a fall of 30 cents, at $64.01, the price of 1834 Investments ended at $1.23 with 10,000 units changing hands, Grace Kennedy fell $1.65 and ended trading 92,137 units, to close at $118.85, Jamaica Broilers traded 15,620 units changing hands at $14.50. Jamaica Producers traded 50,500 shares and gained 90 cents to end at a 52 weeks’ high of $45, JSE mm fn qts 10-6-16JMMB Group traded 3,900 units at $10. Kingston Wharves traded 12,925 shares and rose by 1 cent to $12.03, National Commercial Bank traded 19,535 shares, to close with a loss of 50 cents at $42, Pan Jamaican Investment Trust traded 144,988 shares and lost 50 cents to end at $26.50. Radio Jamaica closed trading with 601,416 shares with the price falling 36 cents to end at $1.42, Sagicor Group ended with 130,377 shares changing hands after adding 35 cents at $23, Scotia Group gained 50 cents to close at $31 as 88,521 units changed hands and Jamaica Public Service 9.5% preference shares traded 44,390 units at $1,247.

Filed Under: JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , ,

5 TTSE stocks rise 4 fell – Friday

June 10, 2016 by

T&TNGL climbed 49 cents on TTSE on Friday to $22.

T&TNGL climbed 49 cents on TTSE on Friday to $22.

Trading on the Trinidad and Tobago Stock Exchange closed on Friday with 12 active securities changing hands, 5 of which gained, 4 declined while 3 remained unchanged, as 535,990 shares valued at $5,974,739 changed hands. At the close 1 stock ended at 52 weeks’ high and 1 at a 52 weeks’ low.
The Composite Index fell 2.71 points to close at 1,107.25, the All T&T Index fell 4.86 points to close at 1,752.45 and the Cross Listed Index slipped by 0.07 points to close at 61.46.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 stocks with bids higher than their last selling prices and 5 with offers that were lower.
Gains| ANSA McAL traded 600 units and gained 2 cents, to close at $6.47, First Citizens Bank closed with a rise of 1 cent, as 700 shares changed hands at $30.01, Grace Kennedy rose by 5 cents and closed at a 52 weeks’ high of $5.40 with 200 shares changing hands. National Flour Mills rose by 8 cents, trading 1,050 shares at $2.30 and Trinidad and Tobago NGL gained 49 cents, to close at $22 with 55,534 units valued at $1,219,368 changing hands.
TTSE 10-06-16 Losses| Republic Financial Holdings lost 39 cents, with 100 units changing hands, to end at a 52 week’s Low of $107.50, Sagicor Financial Corporation traded 135,902 shares and fell 14 cents, to close at $7, Scotiabank dropped $1.37 in trading 60,610 shares with a value of $3,112,683, to end at a 52 week’s Low of $51.36 and West Indian Tobacco traded 3,544 units with a loss of 2 cents, to close at $126.28.
Firm Trades| Clico Investments ended with 175 shares changing hands at $22.65, JMMB Group traded 277,375 shares to end at 60 cents and Trinidad Cement traded 200 shares and closed at $3.50.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , ,

JSE loses ground on Thursday

June 9, 2016 by

Charles Johnston - Chairman of JP Group that just hit a new high on Thursday.

Charles Johnston – Chairman of JP Group that just hit a new high on Thursday.

The Jamaica Stock Exchange lost ground at the end of trading on Thursday, with the main market major indices declining and the junior market Index moving higher, while the volumes of stocks traded continue to be low. A total of 43 securities changed hands on Thursday, accounting for 3,459,909 units valued at $41,085,958, in all market segments. The junior market accounted for 2,086,923 shares, valued at $9,158,507 of the overall trades.
The price of 18 stocks in the overall market rose, 13 declined, including 6 stocks rising and 6 declining, from the junior market. One stock ended at a new 52 weeks’ high.
The JSE Market Index dropped 415.75 points to end at 159,341.57. The all Jamaica Composite Index lost 464.97 points to close at 177,033.85 and the JSE combined index fell 366.04 points, to close at 170,529.61.
JSE sum 9-6-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 11 stocks with bids higher than their last selling prices and 5 with lower offers.
At the end of market activities, Berger Paints traded 16,450 shares with the price gaining 3 cents, to end at $4.50, Cable & Wireless declined by 15 cents, in closing at $1.27 after trading 61,465 units, Caribbean Cement traded 8,177 shares and closed 50 cents higher at $24.50. Carreras had 2,400 units trading, to close with a fall of 69 cents, at $64.31, the price of 1834 Investments ended at $1.23 with 455,602 units changing hands, Grace Kennedy ended trading 61,191 units, to close at $120.50 after hitting a new 52 weeks high of $121, Jamaica Broilers gained 66 cents with 13,092 units changing hands at $14.50. Jamaica Producers traded 438,100 shares to end at a 52 weeks’ high of $44.10,JSE mm fn qts 9-6-16 JMMB Group traded 14,300 units as the price moved higher by 10 cents to $10. Kingston Wharves traded 29,512 shares and rose by 2 cents to $12.02, National Commercial Bank traded 26,223 shares, to close with a gain of 99 cents at $42.50, Pan Jamaican Investment Trust traded 47,394 shares and ended at $27. Radio Jamaica closed trading with 120,016 shares with the price rising 8 cents to end at $1.78, Sagicor Group ended with 12,500 shares changing hands after falling 24 cents at $22.65, Sagicor Real Estate Fund closed with 3,995 shares changing hands after rising 2 cents. Scotia Group fell $1 to close at $31 as 6,621 units changed hands, Seprod traded 5,000 units and gained 10 cents to end at $17 and Supreme Ventures traded 45,944 units to close at $4.50.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , ,

Grace & JPG hit new highs – Thursday

June 9, 2016 by

Trading in the early Thursday morning session on the Jamaica Stock Exchange continues the moderate trend of recent day with volumes remaining below the 100,000 unit level except for Lasco Manufacturing with 672,739 units as the price rose 25 cents to $5 ICI intra JSE 09-06-16and with the main market recording a decline overall and juniors having a minor loss.
Grace Kennedy traded 35,714 shares for a new high of $121 and Jamaica Producers traded 55,300 to hit a 52 weeks’ high of $44.10.
Trading resulted in activity in 31 securities, accounting for a volume of 1,075,717 units as 12 stocks gained and 9 declined. The average number of shares traded amounts to just 33,616 units compared to an average of 11,015 units on Tuesday
After 75 minutes of trading in the early morning session, on Thursday, the all Jamaica Composite Index dropped 259.92 points to 177,238.90, the JSE Market Index lost 232.41 points to 159,524.91, the JSE combined index dipped 39.32 to close at 170,733.18 points andthe junior market index inched up 5.15 points to 2,218.30.

Filed Under: JSE Combined, Stock Market Tagged With: , , , , ,