6 stocks rose on TTSE – Tuesday

December 8, 2015 by

NCB closed at a new high of TT$2.11 on Tuesday on the TTSE

NCB closed at a new high of TT$2.11 on Tuesday on the TTSE

Six stocks rose in trading on the Trinidad and Tobago Stock Exchange at the end on Tuesday as 15 securities changed hands, 4 stocks declined and 5 traded unchanged as 2 stocks closed at 52 weeks’ high and 2 at 52 weeks’ low. The volume traded was 878,992 shares for a value of $6,486,412.
At the close, the Composite Index ended with a rise 1.74 points to 1,164.11 the All T&T Index fell 1.44 points to 1,956.55 and the Cross Listed Index gained 0.68 points to 48.90.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bids higher than the last selling price and 5 stocks with offers that were lower.
Gains| Guardian Holdings gained 3 cents to end at $13.03 with 500 units changing hands, JMMB Group closed with 280,876 shares changing hands at 50 cents, after rising 3 cents, National Commercial Bank rose by 11 cents while trading 200,000 shares carrying a value of $422,000 at $2.11, for a 52 weeks’ high. Scotiabank ended with 18,025 shares with a value of $1,125,890 changing hands at $62.50 after climbing 50 cents, Sagicor Financial ended with 39,287 units changing hands, 1 cent up at $6.15 and Unilever closed with a rise of 2 cents with 300 shares changing hands at $68.20 for a 52 weeks’ high.
Declines| Agostini’s traded 1,000 shares at $17.25 with a fall of 74 cents to close at a 52 weeks’ low. Grace Kennedy dropped 14 cents while trading 14,201 units with a value of $512,143 at $3.61,TTSE 8-12-15 Massy Holdings traded 555 shares and lost 27 cents in closing at $61.65 to a new 52 weeks’ low and Trinidad Cement traded 11,540 units and closed at $4.55 after losing 13 cents.
Firm Trades| Clico Investment Fund posted 537 shares and closed at $22.75, First Citizens Bank traded 516 shares to close at $35, National Enterprises closed with 1,830 shares changing hands at $16.39. National Flour closed with 2,800 shares changing hands at $2.75 and Trinidad and Tobago NGL traded 179,025 shares valued at $3,849,037, to close at $21.50.

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Heavy indices losses on JSE – Monday

December 7, 2015 by

NCB ended at a new closing 52 weeks' high on Monday

NCB ended at a new closing 52 weeks’ high on Monday

The main market suffer a big reversal in trading on Monday with the number of securities trading below recent elevated levels of over 40 to 35 trading on Monday as the market closed with 12,726,363 units valued at $81,049,348 changing hands, in all market segments.
A total of 13 securities recorded gains and 8 declined as 5 stocks closed at a 52 weeks’ high but the JSE Market Index dropped 1,571.80 points to 140,840.88 the all Jamaica Composite Index dived 1,756.57 points to end at 156,353.92 and the JSE combined index erased 1,409.79 points to close at 147,465.66.
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 9 stocks with bids higher than their last selling prices and 1 with a lower offer.
In trading, Berger Paints ended with 43,063 units trading at $3.45 after gaining 30 cents, JSE Sum 7-12-15Cable and Wireless closed with 2,427,885 units changing hands down to $1.35 for a loss of 14 cents, Caribbean Cement closed trading at $17 having lost 1 cent with 29,527 shares changing hands. Carreras closed at $56 with 6,893 units trading. Ciboney closed at a 52 weeks’ closing high of 24 cents with 125,816 shares changing hands, Gleaner Company traded 65,126 shares at $1.40, Grace Kennedy ended with 116,251 units changing hands with a gain of 49 cents to $76, a 52 weeks’ closing high, Jamaica Broilers lost 48 cents in trading 48,100 shares, to close at $8.02. Jamaica Producers rose by 50 cents to close at $32 with 917,122 units trading, JMMB Group lost 35 cents in trading 396,832 shares, to close at $10. Kingston Wharves traded 1,000 units to end at $11.50, with a gain of 20 cents, JSE Fn Qts 7-12-15Mayberry Investments ended with 61,048 shares changing hands with a gain of 30 cents to $5, National Commercial Bank ended at $39.99, having risen $2.49 and closed with 6,460 units changing hands at a 52 weeks’ closing high. Pulse Investments had 32,620 units trading at $2.50, Radio Jamaica lost 44 cents in trading 1,000 units at $4.06, Sagicor Group with 108,541 units changing hands, ended at $16.70, Sagicor Real Estate Fund ended with 22,365 shares trading, to finish at $10.25. Scotia Group had 21,181 shares changing hands at $27.50 to record a 32 cents gain, Supreme Ventures closed with 1,105,941 units changing hands, 20 cents lower at $4.70 and Jamaica Money Market Brokers 7.50% preference share rose 9 cents and ended trading 445,500 units at $1.90.

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2 up 3 down again on TTSE – Monday

December 7, 2015 by

Scotiabank drops 48 cents on TTSE on Monday

Scotiabank drops 48 cents on TTSE on Monday

Trading on the Trinidad and Tobago Stock Exchange ended on Monday with 12 active securities with the prices of 2 rising and 3 declining and 7 trading unchanged. The volume changing hands was 146,395 shares for a value of $1,863,644.
At the close, the Composite Index ended with a rise 0.05 points to 1,162.37 the All T&T Index inched up by 0.01 points to 1,957.99 and the Cross Listed Index gained 0.01 points to 48.22.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bids higher than the last selling price and 7 stocks with offers that were lower.
Gains| Clico Investment Fund posted 13,420 shares, gained 3 cents and closed at $22.75 and Guardian Holdings gained 8 cents to end at $13 as 1,817 units changed hands.
Declines| Massy Holdings traded 100 shares and lost 1 cent in closing at $61.92 to a new 52 weeks’ low, Scotiabank ended with 2,825 shares changing hands at $62 after dropping 48 cents and Scotia Investments closed with a loss of 9 cents with 11,700 shares changing hands at $1.50.
TTSE 7-12-15 Firm Trades| Firstcaribbean International Bank led with 74,837 shares changing hands for a value of $376,392 to close at $5. First Citizens Bank traded 1,388 shares to close at $35, Grace Kennedy traded 50 units at $3.75, Prestige Holdings ended with 150 shares at $10.10, Sagicor Financial ended with 2,526 units changing hands at $6.15, Trinidad and Tobago NGL traded 36,777 shares valued at $790,892, to close at $21.50 and West Indian tobacco traded 805 units and closed at $126.25.

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Heavy trading on JSE on Friday

December 4, 2015 by

NCB's trades on Friday amounted to $90.6m

NCB’s trades on Friday amounted to $90.6m

The number of securities trading on Friday increased and remains at elevated levels of over 40, with 43 being active. The market closed with 15,466,535 units valued at $206,946,075 changing hands, in all market segments. A total of 2 stocks closed at a 52 weeks’ high others while others traded intraday at highs but fell away at the close.
The JSE Market Index rose 365.33 points to 142,412.68, the all Jamaica Composite Index shot up 408.27 points to end at 158,110.49 and the JSE combined index climbed 497.86 points to end at 148,875.45.
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 10 stocks with bids higher than their last selling prices and 3 with lower offers.
In trading, Berger Paints ended with 135,245 units trading at $3.15 after falling 45 cents, Cable and Wireless closed with 445,330 units changing hands down to $1.49 for a loss of 3 cents, Caribbean Cement closed trading at $17.01 having lost $1.49 with 8,054 shares changing hands. Carreras closed at $56 with 9,880 units trading. JSE Sum 4-12-15Ciboney traded at an intraday 52 weeks’ high of 26 cents but ended at 23 cents with 763,857 shares changing hands, Desnoes & Geddes ended with 100,000 shares trading at $30, Gleaner Company traded at 100,000 shares and fell 30 cents to $1.40, Jamaica Broilers lost 10 cents in trading 124,557 shares, to close at $8.50. Jamaica Producers fell 50 cents to close at $31.50 with 24,145 units trading, JMMB Group gained 10 cents in trading 153,315 shares, to close at $10.35. Kingston Wharves traded 4,903,085 units to end at $11.30, with a gain of 10 cents, Mayberry investments ended with 294,647 shares changing hands at $4.70, National Commercial Bank ended back at $37.50 having traded at a 52 weeks’ high of $40 during the day and closed with 2,394,692 units changing hands. JSE Fn Qts 4-12-15 Pan Jamaican ended fell $2 with 930 shares trading, to finish at $92, Pulse Investments had 7,380 units changing hands to close at $2.50, Radio Jamaica lost 31 cents in trading 16,886 units at $4.50, Sagicor Group with 227,120 units ended at $16.70, Scotia Group had 885,356 shares changing hands at $27.18 to record an 18 cents gain. Scotia Investments had 5,400 units trading but fell $1 to end at $27, Supreme Ventures closed with 57,500 units changing hands, 20 cents higher at $4.90, Proven Investments ordinary share traded 124,217 units at 23 US cents and Jamaica Money Market Brokers 7.50% preference share rose 9 cents and ended trading 181,747 units at $1.90.

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2 new highs on TTSE – Thursday

December 3, 2015 by

Witco closed at a 52 weeks'high on Thursday

Witco closed at a 52 weeks’high on Thursday

Trading on the Trinidad and Tobago Stock Exchange ended with 15 active securities with the prices of 2 rising and 5 declining and 8 trading unchanged. The volume changing hands was 146,249 shares for a value of $1,527,632.
At the close, the Composite Index ended with a fall of 29 points to 1,162.31 the All T&T Index fell by 0.24 points to 1,957.60 and the Cross Listed Index gained 0.05 points to 48.26.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bids higher than the last selling price and 5 stocks with offers that were lower.
Gains| Unilever Caribbean ended with 3,000 shares trading with a gain of 1 cent, for a new 52 weeks’ high of $68.18 and West Indian Tobacco ended with a gain of 8 cents to a 52 weeks’ high of $126.25 having traded just 45 units.
Declines| Agostini’s closed with 5,035 shares changing hands with a loss of 1 cent at $13.99, JMMB Group traded 400 shares and lost 1 cent in closing at 49 cents, Scotiabank closed with 713 shares changing hands, but fell 2 cents to $62.48. Trinidad Cement ended at $4.70 after declining by 4 cents, with 3,000 units changing hands and Trinidad and Tobago NGL lost 4 cents, in trading 24,407 shares valued at $546,270, to close at $21.51.
TTSE 3-12-15 Firm Trades| Clico Investment Fund posted just 347 shares and closed at $22.69, First Citizens Bank traded 1,962 shares to close at $35, Grace Kennedy had 99,400 units changing hands valued at $372,750 at $3.75. National Enterprises with 20 shares changing hands at $16.39, One Caribbean Media traded 5,100 shares at $22, Prestige Holdings with 685 units changing hands ended at $10.10, and Republic Bank ended with 466 shares changing hands at $112.99 and Scotia Investments closed with 679 shares changing hands unchanged at $1.59.

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NCB rescues JSE on Tuesday

December 1, 2015 by

NCB stock traded at a high of J$40 on the JSE on Tuesday.

NCB stock traded at a high of J$40 on the JSE on Tuesday.

With news that National Commercial Bank will be buying 30 percent of Guardian Holdings shares, the stock traded higher the moment the market opened and ended up as high as $40 for an intraday high. The move in NCB’s price, helped the Jamaica Stock Exchange main market to eke out gains, even as the declining stocks were more than those advancing.
The market closed with a volume of 9,838,406 units valued at $181,361,434 changing hands, in all market segments. National Commercial Bank accounted for 3,818,003 units carrying a value of $140,419,998. Activity took place in 40 securities, leading to 11 rising and 20 declining with 2 stocks ending at 52 weeks’ closing high but with none from the main market but there were trading at 52 weeks intraday high.
The JSE Market Index gained 305.74 points to 140,479.71, the all Jamaica Composite Index rose 341.68 points to end at 155,950.29 and the JSE combined index increased by 120.88 points to end at 147,096.81.
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 12 stocks with bids higher than their last selling prices and 2 with lower offers.
JSE Sum -12-15In trading, Barita Investments had 18,700 units trading at $3.81 for a loss of 24 cents, Cable and Wireless closed with 1,235,040 units changing hands at $1.54 after the price fell by 1 cent, Caribbean Cement traded at an intraday 52 weeks’ high of $20 but settled back at $19.10 having gained 10 cent, with 40,662 shares changing hands. It closed with a bid at $19.10 to buy 508 units and at $19 are 22,900 units, on offer are 150,000 shares at $20.44, Carreras rose 90 cents to close at $56 with 30,898 units trading. Ciboney did not trade but closed with the bid at 23 cents to buy with 38,830 shares. Desnoes & Geddes ended with 11,850 shares trading at $30, Jamaica Broilers lost 20 cents in trading 1,375,039 shares, to close at $8.50, Jamaica Stock Exchange traded 14,635 units to end at $13.45, JMMB Group fell 8 cents while trading 303,051 shares, to close at $10.01. Kingston Wharves traded 83,754 units and rose 17 cents to end at $11.47, Mayberry Investments ended with 10,600 shares changing hands at $4.70, after falling 15 cents, National Commercial Bank closed with a gain of 59 cents to end at $36.34. JSE Fn Qts 1-12-15138 Student Living ended with 1,108,650 shares but lost 35 cents to $4, Pulse Investments had 250,658 units trading at the close at $at $2 after it traded earlier at $2.45, Sagicor Group fell 54 cents in trading 596,988 units to end at $16. Salada Foods gained $1.15 with 10,000 units changing hands at $10, Scotia Group had 18,000 shares changing hands and closed at $27, Scotia Investments traded 3,729 units but dropped $6 to $27.50, Supreme Ventures gained 5 cents with 20,000 units changing hands at $4.85 and Proven Investments ended trading 44,259 units with the price ending at 22.9 US cents.

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Cayman could be lucrative for Grace

November 30, 2015 by

Grace HSt Grace Kennedy Money Services will be expanding operations into the Cayman Islands through GraceKennedy Money Services (Cayman) Limited (GKMS Cayman), a member of the GraceKennedy Group and authorized agent of Western Union, CEO Don Wehby announced recently.
With this new market, Grace Kennedy through its money services subsidiaries now represents Western Union in ten countries across the Caribbean, the other nine being . Jamaica, Trinidad and Tobago, Guyana, St. Vincent and the Grenadines, St. Kitts and Nevis, Antigua and Barbuda, Anguilla and Montserrat and the British Virgin Islands. The market should be quite lucrative for the Grace Kennedy group, as it is the fourth largest country from remittances into Jamaica with US$124 million entering the island from the tiny group of island, according to Bank of Jamaica data, but the market could be a challenging the going forward with concern about money laundering within the region.
Scotiabank will be partnering with Grace Kennedy and Western Union to deliver money transfer services to the residents of the Cayman Islands.
GKMS Cayman will initially have a total of four locations in Grand Cayman and one in Cayman Brac, all opening Monday to Saturday. “There is a vibrant community in the Cayman Islands and we look forward to not only welcoming our new customers into the GKMS family, but working with all stakeholders and contributing to the development of their communities,” Allen added.

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Bulls retreat again from JSE – Monday

November 30, 2015 by

JSe online logo The Jamaica Stock Exchange main market suffered another day of losses in the indices on Monday. The market closed with a volume of 6,907,239 units valued at only $20,441,816 changing hands, in all market segments. Activity took place in 37 securities, leading to 11 rising and 12 declining with 3 stocks ending at 52 weeks’ closing high but with just 1 from the main market.
The JSE Market Index lost 451.99 points to 140,173.97, the all Jamaica Composite Index fell 505.12 points to end at 155,608.61 and the JSE combined index declined 315.54 points to end at 146,975.93.
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 10 stocks with bids higher than their last selling prices and 3 with lower offers.
In trading, Berger Paints had 61,778 units trading at $3.60 for a gain of 45 cents, JSE sum 30-11-15Cable and Wireless closed with 1,748,946 units changing hands at $1.60 after the price gained 8 cents, Caribbean Cement slipped 20 cents to end at $19, with 68,922 shares changing hands. It closed with a bid at $19.05 to buy 25,450 units, with bids at $19 to buy 26,411 units and 10,000 shares at $16.55, on offer are 4,000 at $19.99, beyond this, are 11,500 units at $20 and 150,000 units at $20.44. Carreras rose 90 cents to close at $56 with 17,739 units trading. Ciboney gained 5 cents to close at a new 52 weeks’ high of 21 cents with 35,200 shares. Desnoes & Geddes ended with 14,723 shares trading at $30, Gleaner fell by 2 cents in trading 20,427 units at $1.93, Grace Kennedy traded with a loss of 44 cents to close at $75.06 with 36,734 shares, Jamaica Broilers lost 60 cents as it traded 189,334 shares to close at $8. Jamaica Stock Exchange traded 94,365 units to end at $13.45 with a gain of 30 cents, JSE Fn Qts 30-11-15 JMMB Group gained 7 cents while trading 11,071 shares to close at $10.18,Mayberry ended with 9,600 shares changing hands at $4.85 after rising 35 cents. National Commercial Bank closed with a loss of 25 cents as 62,323 shares changed hands to end at $35.75. After the market closed news broke that the banking group is to acquire nearly 30 percent of Guardian Holdings shares, from a group of shareholders, subject to regulatory approval. Radio Jamaica declined by 39 cents to end at $5.11 with 11,100 units changing hands. Sagicor Group fell 11 cents in trading 12,143 units to end at $16.54. Scotia Group had 6,023 shares changing hands and closed at $27, Supreme Ventures had 58,975 units changing hands at $4.80 and Jamaica Money Market Brokers 7.50% preference share traded 25,000 units with the price ending at $1.81.

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Big jump in TCL bid price – Monday

November 30, 2015 by

Trinidad Cement closed with a bid at $4.61 to buy 69,626 units on Monday

Trinidad Cement closed with a bid at $4.61 to buy 69,626 units on Monday

Trinidad Cement did not trade on the Trinidad and Tobago Stock Exchange on Monday but bid closed with a bid at $4.61 to buy 69,626 units, with no stock on offer. The stock last traded at $4.33. Trading ended with 11 active securities with the prices 3 rising and 3 declining and 5 trading unchanged. The volume changing hands was 213,815 shares for a value of $2,472,674.
At the close, the Composite Index ending with a fall of 1.35 points at 1,157.31 the All T&T Index declined by 0.23 points to 1,955.35 and the Cross Listed Index slipped by 0.34 points to 47.23.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than the last selling price and 5 stocks with offers that were lower.
Gains| Clico Investment Fund posted 42,154 shares valued at $956,066 and closed with a gain of 1 cents at $22.69, National Flour ended with 37,040 shares changing hands at $2.50, after rising 22 cents to a 52 weeks’ high and Sagicor Financial Corporation closed with 25,100 shares changing hands at $6.06 with a gain of 1 cent.
Declines| Agostini’s traded 1,010 shares as the price slid 20 cents to end at $18, a 52 weeks’ low,TTSE 30-11-15 National Commercial Bank lost 10 cents in trading 35,000 shares at $1.85 and Trinidad and Tobago NGL slipped 30 cents in trading, to close at $21.70 with 38,821 units valued at $ $844,535 changing hands.
Firm Trades|, Berger Paints had 50 shares changing hands and ended at $3.67, First Citizens Bank traded 3,617 shares to close at $35, Grace Kennedy closed with 25,000 shares changing hands at $3.75, JMMB Group had just 400 shares changing hands at 50 cents and One Caribbean Media ended with 5,623 shares changing hands to close at $22.

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Bulls retreat on JSE – Friday

November 27, 2015 by

Carib Cement closed at a new 52 weeks' high on Friday.

Carib Cement closed at a new 52 weeks’ high on Friday.

The Jamaica Stock Exchange main market suffered another day of reversal in the indices on Friday. The market closed with a volume of 6,907,239 units valued at $34,171,808 changing hands, in all market segments. Activity took place in 37 securities, leading to 14 securities rising and 12 declining with 5 stocks ending at 52 weeks’ closing high but with just 1 from the main market.
The JSE Market Index lost 480.67 points to 140,626.96, the all Jamaica Composite Index fell 537.18 points to end at 156,113.73 and the JSE combined index declined 149.43 points to end at 147,291.47.
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 8 stocks with bids higher than their last selling prices and 7 with lower offers.
JSE sum 27-11-15In trading, Cable and Wireless closed with 1,389,853 units changing hands at $1.52 after the price gained 9 cents, Caribbean Cement climbed 20 cents to end at a 52 weeks’ high of $19.20, with 75,115 shares changing hands, Carreras rose 90 cents to close at $56 with 13,048 units trading. Ciboney did not trade but had a bid to buy 125,000 units at 19 cents and just below, are bids between 16 cents and 18 cents to buy 2.38 million units. Desnoes & Geddes ended with 44,130 shares trading at $30, Gleaner traded 23,325 units at $1.95, Jamaica Broilers lost 60 cents as it traded 266,093 shares to close at $8. Jamaica Producers traded 18,661 shares to end at $31, JMMB Group lost 14 cents while trading 5,400 shares to close at $10.11. Kingston Wharves ended with 76,220 shares changing hands at $11.30 after losing 17 cents, JSE Fn Qts 27-11-15 National Commercial Bank closed with a loss of $1.19 as 105,766 shares changed hands to end at $36. Pan Jamaican Investments declined by $1 to end at $89 with 12,618 units changing hands. Pulse Investments traded 10,000 shares and ended at $2.50 after falling 50 cents, Sagicor Group fell 5 cents in trading 39,505 units to end at $16.65. Scotia Group had 19,600 shares changing hands and closed at $27, Supreme Ventures had 250,643 units changing hands but the price rose 10 cents to $4.80. Proven Investments ended at 22.9 US cents with 108,528 changing hands, Jamaica Money Market Brokers 7.50% preference share traded 75,000 units with the price ending at $1.80.

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