In Thursday’s activity on the Jamaica Stock Exchange, National Commercial Bank jumped to a new 52 weeks’ high of $19.99 at the close of trading, as interest continues to build in Jamaican stocks. At the close, the prices of 10 stocks rose and 6 declined, the fifth consecutive day that the number of declining stocks, were not leading. Overall 27 securities changed hands, ending in 3,023,823 units trading, valued at $21,907,847, in all market segments.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 9 stocks with bids higher than their last selling prices and 2 stocks with offers that were lower.
Main Market| The JSE Market Index gained 234.58 points to 77,036.20, the JSE All Jamaican Composite index rose 262.28 points to close at 84,848.36 and the JSE combined index gained 232.26 declined by points to close at 78,991.22.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Carreras with 4,700 shares, gains 1 cent, to end at $37.01. Gleaner closed with 9,000 units changing hands and put on 5 cents at 90 cents, Mayberry Investments closed 10 cents higher in trading with 46,200 shares at $2, National Commercial Bank finished trading with 497,424 units changing hands to close 99 cents higher at $19.99, Sagicor Real Estate Fund finished trading with 63,368 shares with the price rising 3 cents to $7.05 and Supreme Ventures traded 7,000 units with the price rising 1 cent to $1.77.
Firm| The stocks in the main market to close without a change in the last traded prices are, Caribbean Cement closing with 211,147 units trading at $2.50, Desnoes & Geddes finished with 10,000 shares trading at $4.90, Grace Kennedy ended with 9,100 units trading at $61.50. Jamaica Producers in trading 242 shares closed at $17.50, Kingston Wharves closed with 24,500 units changing hands at $6. Pan Jamaican Investment ended with 2,000 shares changing hands at $56, Proven Investments closed with 255,631 shares trading at 20.5US cents. Radio Jamaica finished with 6,645 units trading to end at $1.30, Scotia Group ended with 29,528 units trading at $20.50 and Scotia Investments closed trading with 1,000 units at $23.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Cable & Wireless ending with 83,941 units trading, the price slipped 2 cents to 46 cents. Jamaica Broilers finishing with 17,948 units as the price slipped 5 cents to $4.05, Jamaica Money Market Brokers finished with 68,640 ordinary shares trading lower by 60 cents, to $6.51. Sagicor Group ended with 12,100 shares trading lower by 12 cents to $9.91 and Seprod closing with 13,574 units trading as the price slipped 70 cents to $13.
Preference| Jamaica Money Market Brokers 7.50% preference share closed with 591,969 units changing hands at $2.
NCB at new high as 10 stocks rise
8 stocks rose 3 declined on JSE
NCB stock gained 35 cents to end at $19 on Wednesday
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 10 stocks with bids higher than their last selling prices and just 2 stocks with offers that were lower.
Main Market| The JSE Market Index gained 438.19 points to 76,801.62, the JSE All Jamaican Composite index rose 489.91 points to close at 84,586.08 and the JSE combined index gained 385.03 points to close at 78,758.96.
Grace stock gained 49 cents to end at $61.50.
Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless closing with 37,878 units trading at 48 cents, followed by Carreras finishing with 47,535 shares changing hands at $37. Desnoes & Geddes had 20,039 shares changing hands to close at $4.90, Jamaica Broilers ended with 1,000 shares trading at $4.10, Radio Jamaica in trading 795 units ended at $1.30, Sagicor Real Estate Fund closed with 3,400 units at $7.02.Declines| Pan Jamaican Investment ended with 16,710 shares trading lower by 15 cents to $56 and was the sole loser in the main market.
1 Caribbean Media sheds $3
Trading on the Trinidad Stock Exchange ended with 15 securities changing hands of which 3 advanced, 5 declined and 7 traded firm with a total of 913,172 units, valued at $7,801,572. One Caribbean Media suffered a loss of $3 with the price closing at $22.
At the close of the market, the Composite Index lost 1.39 points to close at 1,150.72, the All T&T Index fell by 3.54 points to close at 1,981.69 and the Cross Listed Index increased by a mere 0.10 points to end at 41.87.
Gains| Stocks increasing in price at the close of the market are, Angostura Holdings that gained 50 cents to end at a new 52 weeks’ high of $14 while trading 10,000 shares. National Commercial Bank with 492,632 shares changing hands for a value of $576,379, gained 1 cent to $1.16 and National Flour Mills traded 22,000 shares to end with a gain of 1 cent at $1.19.
Declines| The stocks declining at the end of trading are, First Citizens Bank with 161,505 shares traded valued at $5,935,596, but the price lost 28 cents to end at $36.75, Guardian Holdings with 13,950 shares traded at $13.25, closed down a cent, Jamaica Money Market Brokers contributed 113,632 shares to close a cent lower at 43 cents. Massy Holdings traded 5,120 shares valued at $349,235 to close with a loss of 1 cent, at $68.21 and One Caribbean Media lost $3 to close at $22 while trading 10,000 shares.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, ANSA McAL contributing 1,382 shares and closed at $66.50, Clico Investment Fund posted 1,000 shares but remained at $23.50, Grace Kennedy traded 18,314 to end at $3.65, Guardian Media traded 957 shares at $19.75. Scotiabank finished with 170 shares changing hands at $62, Trinidad Cement added 33,820 shares valued at $84,542 and L.J. Williams B share, traded 29,050 units at $1.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator showed 3 stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.
Scotia Group pushes market down sharply
The Jamaica Stock Exchange main market indices fell back sharply on Tuesday as suggested in yesterday’s commentary with Scotia Group being the main mover of the index. Today the banking group stocks closed at $20.25 well off the close on Monday added to the fall National Commercial Bank stock price also fell and helped pulled down the indices.
Trading activity saw moderate activity for the first time in 138 Student Living, in both ordinary and preference shares helping the overall market in recording prices gain for 8 stocks and decline in 4 as 23 securities changed hands, ending in 1,347,407 units trading, valued at $7,189,700, in all market segments.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 14 stocks with bids higher than their last selling prices and 3 stocks with offers that were lower.
Main Market| The JSE Market Index gained points to , the JSE All Jamaican Composite index fell/ rose/ decline points to close at and the JSE combined index gained declined by points to close at
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, trading for the first time, since listing in December, 138 Student Living ordinary shares, ended trading with 5,000 units to gain 10 cents on the IPO price, to close at $4.10. Grace Kennedy closed with only 135 shares changing hands to gain 1 cent at $61.01 and Radio Jamaica had 20,000 shares with the price rising 15 cents at $1.30.
Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless closing with 191,250 shares trading at 48 cents, Carreras finished with 14,640 shares changing hands to close at $37. Desnoes & Geddes ended with 3,798 shares changing hands at $4.90, Jamaica Broilers closed with 2,350 shares at $4.10, Kingston Wharves with 1,400 shares changing hands, closed at $6, Proven Investments finished with 35,000 shares at 20.5 US cents and Sagicor Real Estate Fund ended with 2,000 shares trading at $7.02.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, National Commercial Bank closing with 7,430 units trading, the price slipped 34 cents to $18.65. Sagicor Group finished with 266,000 shares trading lower by 2 cents at $9.98, Scotia Group ended with 36,488 shares trading $2 lower at $20.25 and Supreme Ventures ended trading with 30,000 shares changing hands to close 24 cents lower at $1.76.
Preference| Jamaica Money Market Brokers 8.75% preference shares traded 601,215 units to end at $3,Jamaica Money Market Brokers 7.50% preference shares traded 21,781 units at $2 and 138 Student Living Variable Preference share closed with 11,000 shares trading with a gain of 10 cents t0 $5.10 on the IPO price.
Scotia Group pushed market sharply
Scotia Group closed at $22.25 at a 52 weeks’ high and helped push the all Jamaica market index to the highest level since March 12 last year, when it then made a one day surge to 86,590.08. Proven Investments traded at a new record high when the market closed.
Activity on the Jamaica Stock Exchange, resulted in the prices of 6 stocks rising and 6 declining with a total 22 securities changing hands, ending in 2,577,659 units being active, valued at $25,438,501, in all market segments.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 12 stocks with bids higher than their last selling prices and 3 stocks with offers that were lower.
Main Market| The main market indices gained pretty strongly on the second trading day of the new year. The JSE Market Index gained 1,104.24 points to 78,101.74, the JSE All Jamaican Composite index rose 1,234.59 points to close at 86,039.68 and the JSE combined index gained 1,039.80 points to close at 79,879.68.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Jamaica Broilers ended trading with 7,891 shares, the price gained 6 cents to $4.10, Jamaica Stock Exchange closed with 226,400 shares trading with a gain of 3 cents to $1.60, Mayberry Investments ended with only 2,260 shares changing hands, to close with a gain of 3 cents at $1.87. There are just 4 offers to sell the stock one at $2.29 for 25,000 units at $2.80 – 37,117 shares, at $3 only 1,900 shares and at $8.75 – 100,000 shares. There are 12 bids to buy the stocks ranging from a low of $1.35 to buy 128,642 shares to 200,000 at $1.87, below are small amounts for $1.85 and $1.84. Proven Investments ended trading with 23,740 shares changing hands to close 1.50 cents to 20.5 US cents and Scotia Group finished trading with 922,754 shares changing hands to close $1.75 higher at $22.25. Scotia Investment as broker bought 878,778 shares as they crossed the vast majority of what was sold.
Firm| The stocks in the main market, closing without a change in the last traded prices are, Carreras with 21,950 shares trading at $37, Grace Kennedy with 5,000 shares changing hands, to close at $61, Jamaica Money Market Brokers in trading 30730 shares at $7.10 and Salada Foods ending with 1,000 shares changing hands to close at $10.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Cable & Wireless closing with 54,182 units trading, the price slipped 2 cents to 48 cents. Caribbean Cement finished with 24,825 shares trading 1 cent lower to $2.40, Desnoes & Geddes ended with 1,200 shares trading and losing 4 cents to $4.90, Pan Jamaican Investment shed $2.85 with 897 units changing hands at $56.15 and Sagicor Real Estate Fund with 3,313 units trading as the price slipped 8 cents $7.02.
Preference| Jamaica Money Market Brokers 7.50% preference shares traded 837372 units at $2 and Proven Investments 8% preference share finished trading with 100,000 units at $5.
Mayberry climbs 21% as JSE starts 2015 up
Mayberry stock price climbed 21% on first trading day of 2015.
The prices of 10 stocks rose and 5 declined as 22 securities changed hands, ending in a mere 610,207 units trading, valued at $3,977,611, in all market segments.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 10 stocks with bids higher than their last selling prices and 3 stocks with offers that were lower.
Main Market| The JSE Market Index gained 644.11 points to 76,997.50, the JSE All Jamaican Composite index rose 720.15 points to close at 84,805.09 and the JSE combined index gained 616.43 points to close at 78,839.88. On the first trading day last year, the all Jamaican Index rose 560.09 with a small volume, valued at $3.6 million but traded below on the days after, until the third week of the month.
Salada gained 15% on Friday
Firm| The stocks in the main market to close without a change in the last traded prices are, Caribbean Cement that finished with 590 units trading at $2.41, Grace Kennedy with 11,118 shares trading at $61, Jamaica Money Market Brokers closed with 600 shares trading at $7.10 and Pan Jamaican Investment ended with only 500 shares at $59.Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Desnoes & Geddes finished with 4,965 shares trading lower by 1 cent to $4.94, Sagicor Group ended trading with 54,388 shares changing hands to close lower by 25 cents to $10 and Sagicor Real Estate Fund closed with 19,224 units as the price slipped 1 cent to $7.10.
Preference| Proven Investments 8% preference shares traded 119,700 units ended trading at $5.10.
TTSE starts 2015 slightly up
West Indian Tobacco traded 122,699 shares with a value of $14,888,215 for the largest trade on Friday.
At the close of the market, the Composite Index rose just 0.10 points to close at 1,151.01, the All T&T Index rose by a mere 0.08 points to close at 1,983.26 and the Cross Listed Index increased by 0.02 points to 41.74.
Gains| Stocks increasing in price at the close are, Clico Investment Fund, posting a gain of 43 cents, to end at $23.50, for a new 52 weeks’ high, with 28,703 shares trading at $673,441. First Citizens Bank with 375,312 shares changing hands for a value of $13,912,734 to close with a gain of 1 cent at $37.07, Unilever Caribbean traded 1,050 shares at $64.51 with a gain of 1 cent and West Indian Tobacco with a volume of 122,699 shares traded for $14,888,215, ended at $121.34, up by a cent.
Declines| Guardian Media suffered a fall of 2 cents to end the day at $19.75 with 3,397 shares trading and was the sole stock falling.Firm Trades| Stocks closing with prices unchanged at the end of trading are, Grace Kennedy trading 11,000 shares to close at $3.65, Massy Holdings with 79 shares trading at $68.25, National Commercial Bank traded 34,700 shares at $1.15, National Enterprises had 1,000 units trading at $17.42. National Flour with 28,724 shares advanced by 1 cent to end at $1.16, Sagicor Financial Corporation traded 823 shares to close at $5.95 and Trinidad Cement contributed 55,308 shares with a value of $138,270 to close at $2.50
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator showed 4 stocks with the bid higher than their last selling prices and 1 with the offer lower.
Year ends with 11 stocks up 7 down
day’s activity on the Jamaica Stock Exchange, resulted in the prices of 11 stocks rising and 7 declining as 30 securities changed hands, ending in 1,626,438 units trading, valued at only $4,460,185, in all market segments.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 18 stocks with bids higher than their last selling prices and 3 stocks with offers that were lower. With this being the final trading day for the year, the high levels of higher bids may be due to portfolio managers trying to influence year-end values for their portfolios. The numbers have been rising, with the day before Christmas having a reading of 9 to 4, followed by Monday with 10 to 2 and Tuesday 14 to 2. This is a development worth watching, to see if it carries over with a strong reading into 2015.
Main Market| The JSE Market Index lost 375.48 points to 76,353.39, the JSE All Jamaican Composite index fell 419.80 points to close at 84,084.94 and the JSE combined index gained declined by 322.23 points to close at 78,223.45. The market closed out 2014 with the all Jamaica rising by 2.7 percent for the year, the JSE composite is down 5.3 percent and the junior market 9.2 percent.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Barita Investments concluded trading with 18,000 shares changing hands to close with a gain of 7 cents at $2.25. Berger Paints ended with 16,000 shares trading with a gain of 15 cents to a new 52 weeks’ high of $2, Jamaica Broilers finished with 5,000 shares trading with a gain of 3 cents to $4.04, Jamaica Producers ended with 30,000 shares changing hands to close 25 cents higher at $17.50, Mayberry Investments finished trading with 1,020 shares changing hands to close 2 cents up to $1.52, Proven Investments concluded trading with 35,639 ordinary shares changing hands and increased in price by 0.23 cents to close at 19 US cents, Sagicor Group ended with 41,000 shares with the price rising 25 cents to $10.25 and Supreme Ventures ended trading with 48,400 shares trading with a gain of 10 cents to $2.
Berger closed up 15 cents or 8% to $2, with no stock on offer at the end of trading
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Carreras closed with a loss of 41 cents white trading 10,500 shares to close at $36.40, Desnoes & Geddes ended with 51,900 shares changing hands to close 5 cent down at $4.95, Grace Kennedy closed with 500 units, the price slipped $2 to $61, Pan Jamaican Investment finished with 433 units trading as the price slipped 95 cents $59 and Scotia Group closed the year with 800 shares trading lower by 39 cents to $20.01.
Preference| Jamaica Money Market Brokers 7.50% preference share finished with 428 units trading at $2 and Proven Investments 8% preference share ended with 41,011 shares changing hands to close at $5.10.
JSE set to close out 2014 up
Trading on the Jamaica Stock Exchange should end the year on a positive note as there was far more stocks closing with higher bids than those that had lower offers at the close on Tuesday, suggesting that the majority of stocks trading should enjoy increased prices.
The major shares in Access Financial Services changed hands on Tuesday in trading on the stock exchange junior market as Mayberry sold out its holdings to Proven Investments. Mayberry who had expressed a desire to sell as a result of the dispute with the founding shareholder Marcus James finally did so, resulting in a billion profit on their investment. Overall trading in the market, resulted in the prices of 7 stocks rising and 10 declining as 27 securities changed hands, ending in 141,314,531 units trading, valued at $1,232,287,766, in all market segments.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 14 stocks with bids higher than their last selling prices and only 4 stocks with offers that were lower, this suggest that for the final trading day of the year the majority of prices should rise.
Main Market| The JSE Market Index gained 535.67 points to 76,728.87, the JSE All Jamaican Composite index rose 598.90 points to close at 84,504.74 and the JSE combined index gained 459.99 points to close at 78,545.68.
Gains| Stocks recording gains with their last traded prices, at the end of trading in the main market are, Berger Paints trading with 395,929 shares and gained of 30 cents to end at $1.85, Grace Kennedy ended with 2,500 shares changing hands to close $1 higher at $63. National Commercial Bank closed with 5,792 shares trading with a gain of 5 cents, to $18.50, Pan Jamaican Investment finished with 5,500 shares changing hands, to close 3 cents higher at $59.95. Sagicor Real Estate Fund ended with 500 shares changing hands to close with a gain of 11 cents to $7.11 and Scotia Group ended trading with 85,919 shares changing hands to close 40 cents higher at $20.40.
Firm| The stocks in the main market to close without a change in the last traded price are, Desnoes & Geddes finishing with 47,000 shares at $5, Jamaica Broilers ended with 25,000 units trading at $4.01, Jamaica Money Market Brokers completed trading with 21,446 ordinary shares at $7.10. Kingston Wharves ended trading with 450 shares changing hands to close at $6, Supreme Ventures finished trading with 3,017,931 shares changing hands to close at $1.90.
Declines| The last traded prices of stocks with losses at the close of the main market are, Cable & Wireless that ended trading 1,643,333 shares changing hands, to close 2 cents lower at 48 cents. Caribbean Cement closed trading with 13,877 units, the price slipped 4 cents to $2.41, Hardware & Lumber finished with 4,000 units trading as the price fell 49 cents to $7.51, Jamaica Producers closed with 186,050 shares trading lower by 25 cents lower to $17.25. Proven Investments ended with 185,920 shares trading at 0.23 cents lower at 18.77 US cents, Sagicor Group closed with 15,400 shares changing hands at 50 cents lower at $10 and Scotia Investments finished with 6,050 shares trading at 40 cents lower at $23.
Preference| Jamaica Money Market Brokers 8.75% preference share had 10,000 shares changing hands to close $3, Jamaica Money Market Brokers 7.50% preference share traded 49,550 shares at $2 and Proven Investments 8% preference share traded 300 shares at $5.20.
3 stocks changed price on TTSE
Trading on the Trinidad Stock Exchange closed with 14 securities changing hands of which 1 advanced, 2 declined and 11 traded firm with a total of 486,178 units, valued at $21,228,614 being active.
At the close of the market, the Composite Index lost 0.17 points to close at 1,146.72, the All T&T Index closed unchanged at 1,983.07and the Cross Listed Index fell 0.05 points to end at 40.62.
Gains| Clico Investment Fund with 19,810 shares valued at $456,913 climbed 3 cents to $23.07 to be the only stock rising and ended at a new 52 weeks’ high.
Declines| The stocks declining at the end of trading are, Jamaica Money Market Brokers 103,643 shares with the price falling 1 cent 43 cents and Republic Bank with 147,666 shares changing hands for a value of $17,681,527, to close at $119.74 for a 1 cent decline.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Agostini’s with 190 units changing hands, closed at $17.50, First Citizens Bank traded 13,248 shares valued at $490,971 to close $37.06, Guardian Holdings ended with 500 shares trading at $13.25, National Commercial Bank added 33,550 shares at $1.15, National Enterprises traded 10,439 shares at $17.42. National Flour Mills traded 500 shares at $1.15, One Caribbean Media with 13 shares ended at $25 followed by Sagicor Financial Corporation that traded 366 shares and closed at $5.95. Scotiabank traded 2,342 shares at $61.50, Trinidad Cement with a volume of 138,825 shares traded for $346,497 ended at $2.50 and West Indian Tobacco with 15,086 shares valued at $1,830,384 closed at $121.33.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bid higher than their last selling prices and 1 stock with the offer that is lower.
