JSE had a sharp jump on Monday

January 18, 2016 by

Scotia Group once more pushed up the JSE indices with big gains on Monday.

Scotia Group once more pushed up the JSE indices with big gains on Monday.

Trading levels on the Jamaica Stock Exchange continues to be buoyant with 43 securities changing hands on Monday in all market segments but with reduced value compared with recent past trading days. At the close 23 securities in the combined markets gained and 15 declined.
Seven stocks closed at 52 weeks’ highs and 1 at intraday highs as 3,242,483 units valued at $29,602,537 changed hands in all markets, with the junior market accounting for 1,767,220 units changed hands, valued at $8,897,090.
The main market indices climbed sharply again as Scotia Group shot up to $34.99 in early trading, to help push up the indices by the big moves, but the indices could fall back on Tuesday The JSE Market Index climbed 3,705.74 points to 159,979.58, the all Jamaica Composite Index is down with a jump of 4,141.39 points to end at 177,742.51 and the JSE combined index surged by 3,281.87 points to close at 171,105.92.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reached an elevated level indicating several rising prices ahead with reading of 12 stocks with bids higher than their last selling prices and only 3 with lower offers.
.ICI -JSE Sum-18-1-16In trading, Barita Investments traded 12,000 shares and gained 10 cents to close at $4.50, for a 52 weeks’ high, Berger Paints closed at $3.30 as the price fell 45 cents with 27,730 units trading, Cable and Wireless ended with 166,850 units changing hands to close with a loss of 2 cent to $1.43. Caribbean Cement traded with an increase of 49 cents and closed at $24.49 with 26,583 shares trading. Ciboney traded 104,035 units with a fall 1 cent to end at 24 cents, Gleaner Company traded 4,573 shares and lost 2 cents to close at $2.68, Grace Kennedy closed at $80.21, with 5,653 units changing hands. Jamaica Broilers rose 25 cents to close at $11.75 with 34,714 shares changing hands. Jamaica Producers had 39,294 shares trading as the price rose by 70 cents to $33, Jamaica Stock Exchange closed at $20 while trading 26,333 shares, JMMB Group traded 287,100 units to end with a loss of 27 cents at $11.50. Kingston Properties traded 20,000 units and lost 24 cents to close at $6.80, Kingston Wharves lost 14 cents in trading 52,797 units to close at $11.01, Mayberry ICI -JSE fn qts 18-01-16Investments traded 101,452 shares and gained 5 cents to end at $4.75, National Commercial Bank ended with a rise of 59 cents at $41.10, with 51,157 units changing hands. Pan Jamaican Investments fell 5 cents to close at $94.01 with 15,238 shares trading. Radio Jamaica lost 50 cents in trading 11,303 shares to close at $5.50. Sagicor Group rose 17 cents to close at $22.97 with 16,782 units changing hands. Scotia Group rose 51 cents with 291,386 shares changing hands to close at $30.60 after trading earlier at $34.99, Supreme Ventures gained 42 cents to end at $5.12 with 171,360 units changing hands at a new 52 weeks’ closing high and Proven Investments ordinary share traded 32,550 units at 21 US cents, down from 22 US cents on Friday.

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Negatives remain as TTSE slips slightly

January 18, 2016 by

Stocks Activity on the Trinidad and Tobago Stock Exchange continued with moderate with trading in 10 securities on Monday. The market closed with no stock gaining 2 declined with the prices of 8 remaining unchanged. A total of 102,868 shares changed hands valued at $1,065,715.
The Composite Index ended with a fall of 017 points to 1,164.65 the All T&T Index lost 0.34 points to 1,940.77 and the Cross Listed Index remained at 51.22.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator has turned negative with only 3 stocks with bids higher than the last selling price and 9 stocks with offers that were lower.
Losses| Angostura Holdings closed at a 52 weeks’ low with 20,976 shares traded for a value of $285,668 and lost 3 cents to end at $13.61 and Scotiabank closed with 300 shares changing hands with a loss of 7 cents to end at $61.78.
Firm Trades| Clico Investment Fund traded 500 shares to close at $22.75, Grace Kennedy traded 1,680 shares at $4.06, JMMB Group traded 984 units at 55 cents. National Commercial Bank closed at $2.30 while trading 11,000 shares. TTSE 18-01-16National Flour Mills traded 2,000 units at $2.50, One Caribbean Media had 14,894 units changing hands at $22, Republic Financial Holdings closed at $112 as 534 shares changed hands and Sagicor Financial Corporation ended with 50,000 shares changing hands at $6.50.

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More decline for JSE on Friday

January 15, 2016 by
JPS preference share rose $76 on Friday to $1,201.

JPS preference share rose $76 on Friday to $1,201.

Trading levels on the Jamaica Stock Exchange continues to be buoyant with 40 securities changing hands on Friday in all market segments. At the close 17 securities in the combined markets gained and 15 declined.
Eight stocks closed at 52 weeks’ highs and 3 at intraday highs as 6,458,590 units valued at $100,762,294 changed hands in all markets, with the junior market accounting for 2,572,307 units that changed hands, valued at $13,732,252.
While all main market indices fell the declines were less than on Thursday, with the JSE Market Index dropping 1,351.93 points to 156,273.84, the all Jamaica Composite Index falling with 1,510.87 points to end at 173,601.12 and the JSE combined index diving 1,405.00 points to close at 167,824.05.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reached an elevated level indicating several rising prices ahead with reading of 19 stocks with bids higher than their last selling prices and only 3 with lower offers.
ICI -JSE Sum-15-01-16In trading, Barita Investments traded 134,925 shares and gained 50 cents to close at $4.40, Berger Paints closed at $3.75 as the price rose 55 cents with 18,500 units trading, Cable and Wireless ended with 257,600 units changing hands to close with a gain of 1 cent to $1.45. Caribbean Cement traded more orderly on Friday, than it did on Thursday when there were wild price swings and closed today with an increase of $2 to $24 with 4,884 shares trading. Carreras fell 5 cents to end at $60 with 60,210 units changing hands, Gleaner Company traded 7,400 shares to gain 30 cents to close at $2.70, Grace Kennedy closed at $80.21, with 20,240 units changing hands. Jamaica Broilers fell $1.51 to close at $11.50 with 256,650 shares changing hands. Jamaica Producers had 3,570 shares trading as the price rose by 10 cents to $32.30, Jamaica Stock Exchange gained $1 and closed at a 52 weeks’ high of $20 while trading 200,000 shares, JMMB Group traded 83,100 units to end with a loss of 18 cents at $11.77. Kingston Wharves traded 8,341 units to close at $11.15, Margaritaville Turks came into its own after reporting profits of US$518,134 in the six months to November last year versus $279,000 in 2014. The stock traded 1,128,920 units at 10.5 US cents each. Mayberry Investments traded 327,979 shares and lost 2 cents to end at $4.70, National Commercial Bank ended with a loss of 99 cents at $40.51 with 257,266 units changing hands, Pan Jamaican Investments fell 9 cents to close at $94.06 with 8,528 shares trading. ICI -JSE qts 15-01-16
138 Student Living Jamaica traded 985 shares at a 52 weeks’ high of $5.10, after rising by 35 cents, Radio Jamaica gained 40 cents in trading 32,400 shares to close at a 52 weeks’ high of $6. Sagicor Group fell 65 cents to close at $22.80 with 365,894 units changing hands, Scotia Group dropped $4.90 with 346,798 shares changing hands to close at $30.09, Scotia Investments recovered the $3.10 it lost on Thursday to close at $29.90 after 18,469 units traded. Seprod dropped $2.49 with 83,600 shares trading and closed at $18.51, Supreme Ventures gained 4 cents to end at $4.70 with 70,820 units changing hands, Proven Investments ordinary share traded 40,730 units at 22 US cents, down from 22.99 US cents.
Jamaica Public Service 9.5% preference share traded for the first time in months, with 33,000 units valued at $39,633,000 changing hands to close at a 52 weeks’ high of $1,201, for an increase of $76 and Proven Investments 8% preference shares traded 100,000 units at $5.

 

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JSE suffers big drop on thursday

January 14, 2016 by
Scotia Group caused major swing in the JSE index on Wednesday & Thursday.

Scotia Group caused major swing in the JSE index on Wednesday & Thursday.

The recorded closing price for Scotia Group in yesterdays’ trading was $34.23 according to the Jamaica Stock exchange rules, but the stock last traded at $30.10. The stock exchange indices are based on the weighted average price making Scotia Group the main mover to push up the market index sharply on Wednesday based on the JSE recognized closing price.
In today’s trading, the stock last traded at $34.99 but the official closing price is $31.87, the end, the market index dropped sharply, resulting in major swings in the market, despite the JSE’s attempt to use the weighted averages to set the final closing price for a day, in an effort to cut closing price manipulation and its impact on the indices.
There were relatively large trades in excess of 2 million units, in National Commercial Bank, Sagicor Group and Supreme Ventures. The high number of stocks participating in trading on the exchange continued on Thursday with 44 active securities in all market segments. At the close 24 securities in the combined markets gained and 9 declined. Four stocks closed at 52 weeks’ highs and 3 at intraday highs as 20,376,982 units valued at $295,286,830 changed hands in all markets, with the junior market accounting for 2,815,123 units changed hands, valued at $15,357,167.
ICI -JSE Sum-14-01-16The JSE Market Index dropped 3,221.67 points to 157,625.77, the all Jamaica Composite Index made a sharp downturn with 3,600.40 points to end at 175,111.99 and the JSE combined index dived by 3,710.78 points to close at 169,229.05.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reached an elevated level indicating several rising prices ahead with reading of 19 stocks with bids higher than their last selling prices and only 3 with lower offers.
In trading, Barita Investments traded 10,000 shares and gained 10 cents to close at $3.90, Cable and Wireless ended with 113,157 units changing hands to close with a gain of 4 cents t0 $1.44, Caribbean Cement had wild price swings during trading, with the stock trading at an intraday high of $27.75 and as low as $20.50. The price fell $3.10 to $22, with 87,713 shares trading. At the close there were 2,203,900 units offered for sale at $28. Carreras rose 5 cents to end at $60.05 with 34,895 units changing hands, Gleaner Company traded 145,708 shares to close at with a loss of 30 cents at $2.40, Grace Kennedy fell to $80.21, with a fall of $3.79, as 114,095 units changed hands. Jamaica Broilers jumped $1.51 to close at $13.01 with 317,655 shares changing hands, for a new 52 weeks’ high. Jamaica Producers had 5,000 shares trading as the price moved up by 60 cents to $32.20, Jamaica Stock Exchange closed at $19 while trading 900 shares, at the close the bid was at $19.50 for only 340 units, JMMB Group traded 94,158 units to end with a loss of 5 cents at $11.95. Kingston Wharves traded 80,823 units but lost 5 cents to close at $11.15, Mayberry Investments traded just 2,540 shares and lost 8 cents to end at $4.72,ICI -JSE fn qts 14-01-16 National Commercial Bank ended with a gain of 1 cent at $41.50 with 2,096,961 units changing hands, Pan Jamaican Investments fell $1.85 to close at $94.15 with 5,247 shares trading. Radio Jamaica traded 21,940 shares but closed $5.60. Sagicor Group fell 5 cents to close at $23.45 with 5,208,162 units changing hands, Sagicor Real Estate Fund traded 83,740 shares to end at $11, Scotia Group gained $4.89 with 55,940 shares changing hands at $34.99, Scotia Investments dropped $3.10 to close at $26.80 after 49,315 units traded, Supreme Ventures gained 4 cents to end at $4.70 with a high volume of 8,564,688 units changing hands and Jamaica Money Market Brokers 7.50% preference share traded 50,500 units at $2.

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49 securities traded as JSE gains big

January 13, 2016 by

Scotia Group helped to push the main market indices sharply.

Scotia Group helped to push the main market indices sharply.

There was a high number of securities trading on the Jamaica Stock Exchange on Wednesday, with 49 being active in all market segments. At the close 24 securities in the combined markets gained and 9 declined. Six stocks closed at 52 weeks’ highs.
At the close, 9,739,157 units valued at $69,117,631 changed hands in all markets with the junior market accounting for 5,129,787 units, valued at $30,252,961.
Scotia Group help to push the main market indices sharply higher as it traded during the day at $35, with the index computed on an average price of $34.23, the stock last traded at $30.10. The JSE Market Index jumped 3,767.19 points to 160,847.44, the all Jamaica Composite Index made a sharp upturn with 4,210.06 points to end at 178,712.39 and the JSE combined index rose sharply by 3,534.70 points to close at 172,939.83.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 13 stocks with bids higher than their last selling prices and 3 with lower offers.
ICI -JSE Sum-13-01-16In trading, Barita traded 13,800 shares and fell 20 cents to close at $3.80, Berger Paints ended with 518,126 shares trading at $3.20, for a fall of 70 cents, Cable and Wireless ended with 1,543,691 units changing hands to close at $1.40, but traded as high as $1.50 before the close. Caribbean Cement gained 10 cents to end at $25.10 with 77,398 shares trading, the stock traded as high as $27.50 during the day. Carreras lost $1 to end at $60 with 94,600 units changing hands, Ciboney traded 72,323 shares at 25 cents, Gleaner Company traded 109,622 shares to close at $2.70, Grace Kennedy climbed back to $84, with a rise of $3.80, as 757 units changed hands. Jamaica Broilers gained 30 cents to close at $11.50 with 54,818 shares changing hands, for a new 52 weeks’ high. Jamaica Producers had 8,257 shares trading as the price inched up by 4 cents to $31.60, Jamaica Stock Exchange rose 18 cents to end at $19 while trading 29,100 shares, JMMB Group traded 147,734 units to end at $12, Kingston Wharves traded 13,400 units but lost 5 cents to close at $11.20. ICI -JSE fn qts 13-01-16Mayberry Investments traded 71,024 shares and gained 10 cents to end at $4.80, National Commercial Bank ended at $41.49 with 33,790 units changing hands, Pan Jamaican Investments rose 99 cents to close at $96 with 6,500 shares trading. Radio Jamaica traded 42,205 shares but closed $5.60. Sagicor Group gained of 50 cents to close at a 52 weeks’ closing high at $23.50 with 266,030 units changing hands, Sagicor Real Estate Fund traded 12,400 shares and lost 60 cents to end at $11, Scotia Group closed with 158,508 shares changing hands at $30.10, Scotia Investments gained $3.10 to close at $26,989 after 121,032 units traded. Seprod rose by $1 as it traded 6,037 units to end at $21, Supreme Ventures regained 3 cents to end at $4.66 with 114,784 units changing hands, Proven Investments ordinary share traded 523,177 units to end at 22.98 US cents and the companies 8 percent preference share traded 52,666 units at $5.

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Sharp drop in some prices on JSE

January 13, 2016 by
Grace fell $4.13 to $80.20.

Grace Kennedy fell $4.13 to $80.20.

The Jamaica Stock Exchange main market fell on Tuesday as Grace Kennedy, Scotia Group and Scotia Investments fell by more than $2, while JMMB Group and Pan Jam fell by nearly $1 but the junior market continued on its merry way to record yet another new high.
At the close, 9,739,157 units valued at $109,231,948 changed hands in all markets with the junior market accounting for 5,129,787 units, valued at $30,252,961.
The JSE Market Index declined by 696.34 points to 157,080.25, the all Jamaica Composite Index fell 778.20 points to end at 174,502.33 and the JSE combined index rose 225.21 points to close at 169,405.13.
Trading resulted in 44 active securities in all market segments as 14 in the combined markets gained and 19 declined. Six stocks closed at 52 weeks’ highs.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 14 stocks with bids higher than their last selling prices and 7 with lower offers.
ICI -JSE Sum-12-01-16 In trading, Barita Investments traded 10,275 shares and added 5 cents to close at $4, Berger Paints ended with 199,897 shares trading at $3.90, for a rise of 21 cents. Cable and Wireless ended with 177,451 units changing hands to close at $1.40, Caribbean Cement ended at $25, with 138,475 shares trading, Carreras closed at $61 with 20,149 units changing hands. Ciboney traded only 198,400 shares with price falling 1 cent to 25 cents, Gleaner Company traded 118,100 shares to close at $2.70, Grace Kennedy fell sharply by $4.13 as 117,534 units changed hands at $80.30. Hardware and Lumber fell 50 cents with 7,000 units trading at $18, Jamaica Broilers gained 25 cents to close at $11.20 with 124,946 shares changing hands, for a new 52 weeks’ high, JMMB Group traded 666,056 units and fell 95 cents cents to end at $12, Kingston Wharves traded 23,575 units at $11.25.
ICI -JSE Sum-12-01-16r Mayberry Investments traded 426,379 shares and gained 5 cents to end at $4.70, National Commercial Bank fell 2 cents to end at $41.49, with 163,857 units changing hands, Pan Jamaican Investments fell 99 cents to close at $95.01 with 109,010 shares trading. Radio Jamaica trade just 200 shares but closed with a gain of 10 cents to a 52 weeks’ high of $5.60, Sagicor Group closed at $23 with 109,760 units changing hands, Sagicor Real Estate Fund traded 9,000 shares at $11.60, Scotia Group lost $2.65 to close with 289,935 shares changing hands at $30.10. Scotia Investments dropped $2.22 to close at $26.80 after 61,048 units traded, Seprod traded 18,206 units and fell 60 cents to end at $20, Supreme Ventures fell 3 cents to end at $4.63 with 754,726 units changing hands and Proven Investments ordinary share traded 612,564 units to end at 21.75 US cents, down from 22.87 US cents.

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Citizens trades big on TTSE – Tuesday

January 12, 2016 by

First-Citizens_logo600x250px Activity on the Trinidad and Tobago Stock Exchange continued low keyed activity prices with trading in 14 securities on Tuesday but with First Citizens dominating with a trade of $5.5 million. All three market indices rose marginally as 4 stocks advanced, 3 declined, with the prices of 7 remaining unchanged. A total of 902,619 shares changed hands valued at $7,566,997.
The Composite Index ended with a gain of 1.26 points to 1,163.17 the All T&T Index fell 0.26 points to 1,942.04 and the Cross Listed Index gained 0.31 to end at 50.64.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator had 4 stocks with bids higher than the last selling price and 10 stocks with offers that were lower.
Gains| Grace Kennedy gained 2 cents and closed at $4.06 with 1,586 shares changing hands, Guardian Holdings gained 6 cents to end at $13.42 with 359 shares traded. JMMB Group closed with 679,212 shares valued at $370,877 changing hands to gain 2 cents at $22.75 and National Commercial Bank closed with a gain of 5 cents at $2.25 while trading 43,208 shares.
Declines| Praetorian Property Mutual Fund contributed 4,000 shares and fell 9 cents to end at $3,for a 52 weeks’ low,TTSE 12-1-16 Sagicor Financial Corporation closed with 100 shares changing hands and ended with a fall of 1 cent to $6.49 and Trinidad and Tobago NGL slipped 2 cents in trading to close at $21.47 with 90 units.
Firm Trades| Ansa Merchant Bank traded 1,000 units at $38.96, Clico Investment Fund traded 21,560 shares valued at $490,490 to close at $22.75, First Citizens had 156,227 units valued at $5,467,945 changing hands at $35, One Caribbean Media traded 2,185 shares at $22, Prestige Holdings contributed 1,803 shares to end at $10.17. Republic Financial Holdings closed at $112 with 8,616 shares valued at $964,992 changing hands and Unilever Caribbean ended with 673 shares trading to close at $67.75.

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TTSE continues to consolidate

January 11, 2016 by

TTSE build Activity on the Trinidad and Tobago Stock Exchange continued with sideways movement of prices with trading in 11 securities on Monday. Two of the three market indices rose marginally as 2 stocks advanced, 4 declined, with the prices of 5 remaining unchanged. A total of 182,264 shares changed hands valued at $1,407,917.
The Composite Index ended with a gain of 0.56 points to 1,161.91 the All T&T Index fell 0.55 points to 1,941.78 and the Cross Listed Index gained 0.23 to end at 50.33.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator had 5 stocks with bids higher than the last selling price and 6 stocks with offers that were lower.
Gains| National Commercial Bank closed with a gain of 1 cent at $2.20 while trading 62,936 shares and Sagicor Financial Corporation closed with 100,450 shares carrying a value of $652,835 changing hands and ended with a rise of 20 cents to $6.50 for a 52 weeks’ high.
Declines| Massy Holdings ended with 73 shares changing hands as the price dropped 10 cents for a 52 weeks’ low of $61.30, Republic Financial Holdings closed at $112 with 1,226 shares changing handsTTSE 11-1-16r West Indian Tobacco ended with a loss of 2 cents to close at $126.27 as 1,177 shares changed hands and Unilever Caribbean ended with 135 shares trading, the price fell 55 cents to close at $67.75.
Firm Trades| Clico Investment Fund traded 2,007 shares to close at $22.75, First Citizens had 3,109 units changing hands at $35, Grace Kennedy closed at $4.04 with 2,481 shares changing hands, One Caribbean Media traded 5,500 shares at $22 and Prestige Holdings contributed 3,170 shares to end at $10.17.

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JSE main market rebounds on Monday

January 11, 2016 by
Scotia Group traded at a new 52 weeks' high of $32.75 on Monday.

Scotia Group traded at a new 52 weeks’ high of $32.75 on Monday.

The Jamaica Stock Exchange closed on Monday with wild swings in the indices with the main markets rising quite strongly in the early morning session only to see it fall by 11 am but regained lost ground to be up strongly at the close. The junior market surged out of the block from the start with that index rising over 8 percent at the peak.
The JSE Market Index jumped 1,053.22 points to 157,776.59, the all Jamaica Composite Index 1,177.02 points to end at 175,280.53 and the JSE combined index rose 2,503.44 points to close at 169,179.92.
At the close, 6,236,086 units valued at only $35,592,624 changed hands in all markets with the junior market accounting for of 2,024,430 units changed hands, valued at $9,319,672. Trading was broad based with a total of 43 active securities in all market segments as 25 in the combined markets gained and 12 declined. Eight stocks closed at 52 weeks’ highs and two traded at intraday highs.
ICI -JSE Sum-11-01-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 13 stocks with bids higher than their last selling prices and 6 with lower offers.
In trading, Barita Investments traded 31,500 shares and added 15 cents to close at $3.95, Berger Paints ended with 25,670 shares trading at $3.69, for a rise of 49 cents. Cable and Wireless ended with 649,150 units changing hands to close at $1.40, Caribbean Cement jumped $3.95 to end at $25, with 11,122 shares trading, Carreras climbed $1 and closed at $61 with 69,500 units changing hands. Ciboney traded only 1,318,523 shares with price rising 1 cent to 26 cents, Gleaner Company traded 142,515 shares to close at $2.70, Grace Kennedy closed with a gain of 33 cents as 18,969 units changed hands at $84.33. Jamaica Broilers gained 20 cents and closed at $10.95 with 86,400 shares changing hands, for a new 52 weeks’ high, Jamaica Stock Exchange traded 27,135 shares and gained 22 cents to close at $18.82, JMMB Group traded 34,090 units and rose 59 cents to end at a 52 weeks high of $12.95, Kingston Wharves traded 34,334 units at $11.25. ICI -JSE fn qts 11-01-16Mayberry Investments traded 20,000 shares and gained 25 cents to end at $4.65, National Commercial Bank fell $1.54 to end at $41.51, with 37,983 units changing hands. Radio Jamaica had 115,654 shares trading at $5.50. Sagicor Group fell 3 cents to close at $23 with 338,597 units changing hands, Sagicor Real Estate Fund traded 34,900 shares at $11.60, Scotia Group closed with 16,708 shares changing hands at a 52 weeks’ closing high of $32.75 for a gain of 75 cents. Scotia Investments fell 3 cents to close at $29.02 after 3,830 units traded, Seprod traded 20,541 units but gained 60 cents to end at $20.60, Supreme Ventures rose 6 cents to end at $4.66 with 981,818 units changing hands and Jamaica Money Market Brokers 7.50% preference share traded 176,760 units to end at $2.

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TTSE continues to meander

January 8, 2016 by

Stocks Activity on the Trinidad and Tobago Stock Exchange continued with sideways movement of prices with trading in 15 securities on Friday. Two of the three market indices rose marginally as 4 stocks advanced and 4 declined, with the prices of 7 remaining unchanged. A total of 597,670 shares changed hands valued at $16,530,305.
The Composite Index ended with a gain of 1.32 points to 1,161.35 the All T&T Index fell 0.58 points to 1,942.33 and the Cross Listed Index gained 0.44 to end at 50.10.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator had 5 stocks with bids higher than the last selling price and 6 stocks with offers that were lower.
Gains| Guardian Holdings ended with 4,365 shares trading at $13.36 for a gain of 3 cents, National Commercial Bank closed with a gain of 7 cent at $2.19 while trading 161,378 shares with a value of $352,518. Republic Financial Holdings gained 1 cent to close at $112 with 54,335 shares changing hands with a value of $6,085,517 and Sagicor Financial Corporation closed with 93,518 shares carrying a value of $589,786 changing hands and ended with a rise of 2 cents to $6.30.
Declines| National Enterprises closed trading with 847 shares changing hands for a decline of 3 cents at $15.97 and a new 52 weeks’ low, Scotiabank traded 7,510 shares changing hands valued at $464,773 with a 1 cent loss, to end at $61.89. TTSE 08-1-16rTrinidad and Tobago NGL ended at $21.49 with 1,183 shares changing hands as the price fell 1 cent and Trinidad Cement ended with a loss of 5 cents at $3.93 as 13,004 shares changing hands.
Firm Trades| Ansa Merchant Bank traded 1,000 units at $38.96, Clico Investment Fund traded 56,917 shares valued at $1,293,712 to close at $22.75, First Citizens traded 187,441 units with a value of $6,560,435 changing hands at $35. Grace Kennedy closed at $4.04 with 5,170 shares changing hands, National Flour with 691 shares trading closed at $2.60, One Caribbean Media traded 5,311 shares at $22 and Unilever Caribbean ended with 13,004 shares valued at $888,173 trading at $68.30.

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