JSE ends week moderately

March 27, 2015 by

Carerras traded up to $41 on Friday from $39.95, but on small volume.

Carerras traded up to $41 on Friday from $39.95, but on small volume.

Jamaica Stock Exchange trading activity ended the week with moderate trading, but trading resulted in the prices of 7 stocks rising, 5 declining as 19 securities changed hands, ending in a mere 933,931 units trading, valued at $7,246,086, in all market segments.
Main Market| At the close, the JSE Market Index gained 223.17 points to 83,397.97, the JSE All Jamaican Composite index rose 249.52 points to close at 91,961.10 and the JSE combined index increased by 228.52 points to close at 85,032.63.
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 4 with offers that were lower. The indicator is stronger for junior market stocks than the main market ones.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Carreras finishing with 853 units trading, to close with a gain of $1.05 at $41, Grace Kennedy closing with 2,390 shares, trading with a gain of 50 cents to $61.50. Jamaica Money Market Brokers finishing trading with 186,452 ordinary shares to end with an increase of 3 cents at $7.05, Mayberry Investments contributing 3,943 shares while gaining 8 cents to $2.08 and Radio Jamaica ending trading with 9,500 shares as the price rose 1 cent, to $1.39, a new 52 weeks high.
Firm| The stocks in the main market to close without a change in the last traded prices are, Desnoes & Geddes closed with 16,849 shares changing hands at $5.45, Proven Investments closing with 3,287 shares at 18 US cents, Scotia Group concluding trading with 91,792 shares at $21.50, units closed at with shares at.
JSE sum 27-3-15 Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Gleaner finishing with 65,500 units, the price slipped 9 cents to 86 cents, Sagicor Group trading 172,728 units to close lower by 12 cents, at $10.48 and Supreme Ventures while exchanging 200,000 units, closed 1 cent down to $2.29.
Preference| Jamaica Money Market Brokers 8.50% preference shares concluding trading with 15,628 units at $3.50 and Jamaica Money Market Brokers 8.75% preference shares finished with 41,965 units changing hands at $3.04.

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

JSE closes with moderate gains Friday

March 27, 2015 by

Trading on the Jamaica Stock Exchange on Friday was moderate, having gotten off to a slow start up to 11 in the morning. The market closed with triple digit gains in the main indices resulting from only 810,887 units trading in 13 securities.
JSE 1st cl 27-3-15At the close the JSE Market Index gaining 223.17 points to 83,397.97, the JSE All Jamaican Composite index rose 249.52 points to close at 91,961.10 and the JSE combined index increasing by 228.52 points to close at 85,032.63.
Major price movements were recorded by Carreras, having shrugged off the initial negative reaction to increased taxation on cigarettes to gain $1.05 to close at $41 and Grace Kennedy up 50 cents to $61.50, both on small volumes.

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

Sagicor & JMMB active insider trades

March 27, 2015 by

A number of insider trades in JMMB shares occurred in March

A number of insider trades in JMMB shares occurred in March

Insiders were active, in buying stocks they are connected to in March with Sagicor Group and Jamaica Money Market Brokers (JMMB) insiders being pretty active in trading their company’s shares. While Sagicor insiders, were buying the stock, JMMB connected parties were mostly sellers. For the various companies reporting inside trades, insiders were mainly buyers but there were a few sale of stocks, of the companies to which they are connected.
A series of listed companies released information to the Jamaica Stock Exchange about each trade that took place in 2015 recently. Connected parties at Jamaica Broilers sold a total of 10,236,510 shares on January 28 and February 12. Sagicor Group had a senior manager purchasing 246,944 shares on March 18 and two senior managers purchased a total of 2,061,715 shares under during the period March 11 and March 16. The trades were done under the Executive Long Term Incentive of the group.
Insiders are buying into Sagicor Group's vision of the future.

Insiders are buying into Sagicor Group’s vision of the future.

A Desnoes and Geddes’ director purchased 180,000 shares between the March 4 and 18, while over at Blue Power Group a director purchased 13,000 of the company’ shares on March 10. Grace Kennedy had seven non-executive directors acquiring 69,895 shares on March 12, as part of compensation for the year 2014. Mayberry Investments’ related party purchased 100,000 shares on March 24 and another purchase by a related party for 65,000 shares was on March 13.
Pan-Jamaican Investment saw a related party purchasing 24,401,900 shares on March 6.
There were only a few sales by insiders for the various companies reporting, with Jamaica Money Market Brokers’ connected party selling 778,362 shares on March 17 and a related party selling 20,219 shares on March 16 and 211,249 on March 11. On February 24 and 25 a related party purchased 5,533,174 of the company’s shares but between March 19 and 24 a related party to a director sold 4,000,000 shares.
Scotia Group had two senior managers disposing of 53,926 shares held under the Employee Share Ownership Plan.

Filed Under: Company News, Insider Trades Tagged With: , , , , , , ,

Is end of quarter JSE rally on?

March 26, 2015 by

Jcakie Sharp CEO of Scotia Group that gained 45 cents on Thursday

Jcakie Sharp CEO of Scotia Group that gained 45 cents on Thursday

Thursday’s activity on the Jamaica Stock Exchange, resulted in the prices of 9 stocks rising, 4 declining as 20 securities changed hands, ending in 1,460,254 units trading, valued at $13,535,638, in all market segments. Closing market indicators are pointing to increased price gains, with the first quarter winding to a close.
Main Market| The JSE Market Index gained 865.46 points to 83,174.80, the JSE All Jamaican Composite index rose 967.61 points to close at 91,711.58 and the JSE combined index increased 800.44 points to 84,804.11.
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. The increased numbers, is suggestive of month end and end of quarter moves, by some investors or fund managers to get prices or values of certain stocks up to influence portfolio valuation, rather than a sustained higher interest in the market. Admittedly, the reading since March 18, has been strong with the number of higher bids ranging between 10 and 12.
Carreras gained 95 cents and is heading back above $40

Carreras gained 95 cents and is heading back above $40

Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Carreras closed with 4,200 shares changing hands 95 cents $39.95, Jamaica Broilers finishing trading with 2,000 shares changing hands at 20 cents to $4.50, National Commercial Bank concluding trading with 201,500 shares while gaining 89 cents $25. Pan Jamaican Investment finishing with 905 units to close with a gain of 1 cent to $57.01, Sagicor Group finishing trading with 131,751 shares to end with an increase of 9 cents to $10.60, Scotia Group contributing 162,952 shares while gaining 45 cents to $21.50 and Seprod ending trading with 37,892 shares as the price jumped $1.10 to $14 for a new 52 weeks’ high.
Firm| The stocks in the main market to close without a change in the last traded prices are, Berger Paints trading with 7,496 shares at $1.61, Cable & Wireless dealing in 333,413 units and closing at 50 cents. Caribbean Cement had 30,000 shares changing hands at $2.25, Desnoes & Geddes ending trading with 7,728 units at $5.45 and while exchanging 2,320 units, closed at $6.40.
JSE sum 26-3-15 Declines|The last traded prices of stocks with losses, at the end of trading in the main market are, Jamaica Money Market Brokers, closing with 223,767 units, finishing 24 cents lower at $7.02, Mayberry Investments concluding trading with 11,829 units, 36 cents lower to $2 and Scotia Investments in trading 9,000 units, the price slipped $1 to $22.
Preference| Proven Investments 8% preference share and closing with 1,000 shares traded with a gain of 45 cents to $5.50.

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

Moderate trading on JSE – Wednesday

March 25, 2015 by

Pan Jamaican gained $1.95 to closed at $57 on Wednesday

Pan Jamaican gained $1.95 to closed at $57 on Wednesday

There was moderate activity on the Jamaica Stock Exchange during Wednesday’s session, resulting in the prices of 5 stocks rising, 8 declining as 19 securities changed hands, ending in 1,000,279 units trading, valued at $12,453,883, in all market segments.
Main Market| At the close, the JSE Market Index dropped 240.35 points to close at 82,309.34, the JSE All Jamaican Composite fell 268.71 points to close at 90,743.97 and the JSE Combined Index declined by 217.82 points to close at 84,003.67.
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 5 stocks with offers that were lower.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Gleaner closing with 50,000 units and added 5 cents to end at 95 cents. Jamaica Broilers concluding trading with 2,351 shares changing hands, gained 25 cents to $4.30, Pan Jamaican Investment finished trading with 15,330 shares traded with a gain of $1.95 to $57, Sagicor Real Estate Fund closing with 4,650 shares changing hands at 25 cents higher to $6.95 and Scotia Group concluding trading with 84,692 shares with the price rising 5 cents to $21.05.
Firm| The stocks in the main market to close without a change in the last traded prices are, Desnoes & Geddes ending trading with 2,200 shares at $5.45 and Grace Kennedy while having 66,194 shares changing hands closed at $61.JSE sum 25-3-15
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Cable & Wireless closing with 63,730 units, the price ended 2 cents down at 50 cents. Caribbean Cement finishing trading with 26,007 units, as the price slipped 5 cents to $2.25, Carreras ending with 10,560 units 10 cents off to $39, Jamaica Producers in trading 1,150 units, slipped 40 cents to $15.60. Mayberry Investments finishing trading with 40,168 shares changing hands for 2 cents lower at $2.36, National Commercial Bank had 56,063 shares changing hands for 88 cents loss to $24.11 and Sagicor Group contributing 321,714 shares to trading at 4 cents lower to $10.51.
Preference| Jamaica Money Market Brokers 8.75% preference share finishing trading with 4,450 units at $3.04.

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

5 up 3 down on TTSE Wednesday

March 25, 2015 by

Trading on the Trinidad Stock Exchange was with 17 securities changing hands of which 5 advanced, 3 declined and 9 traded firm with a total of 208,225 units, valued at $3,407,398.
At the close of the market, the Composite Index lost 0.91 points to close at 1,154.82, the All T&T Index fell by just 0.03 points to close at 1,972.63 and the Cross Listed Index fell 0.24 points to end at 44.18.
TTSE 25-3-15 Gains| Stocks increasing in price at the close are, ANSA McAL trading 200 shares while gaining 2 cents to end at $ 66.92, First Citizens Bank trading 5,109 shares valued at $180,496, to close 2 cents higher at $35.33. Jamaica Money Market Brokers contributing 16,416 shares to gain of 1 cent at 41 cents, Scotia Investments trading 6,600 shares at $1.53 after gaining 3 cents and Unilever Caribbean gaining 15 cents to end at $65.56 while trading 208 shares, to close at a 52 weeks’ high.
Declines| The stocks declining at the end of trading are, Angostura Holdings trading 1,150 shares at $14, for a loss of 1 cent, Firstcaribbean International Bank fell 7 cents to close at $5.03 with 94 shares trading and Scotiabank had 5,180 shares trading for $321,212 to close down 4 cents at 62.01,
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund trading 61,160 shares valued at $1,376,100 declining by 1 cent to $22.50. Grace Kennedy trading 1,815 shares at $3.54, Guardian Holdings closing with 61,663 shares changing hands for a value of $894,114, to end at $14.50, followed by Massy Holdings, in trading 511 shares at $63.01. National Commercial Bank with 5,308 shares changing hands closed at $1.56, National Enterprises with a volume of 28,000 shares being traded for $485,800, and ended at $17.35, Republic Bank trading 3 shares at $117.99, Sagicor Financial Corporation trading 1,200 shares to close at 5.50, while Trinidad Cement added 13,608 shares and closed at $2.60.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than their last selling prices and 4 with offers that were lower.

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

Sagicor dominant trade at $53m

March 24, 2015 by

Tuesday’s activity on the Jamaica Stock Exchange, resulted in the prices of 8 stocks rising, 6 declining as 23 securities changed hands, ending in 7,517,895 units trading, valued at $70,926,533, in all market segments. Sagicor Group accounted for $53.4 million of the trades.
Main Market| The JSE Market Index gained 208.93 points to 82,549.69, the JSE All Jamaican Composite index rose 233.59 points to close at 91,012.68 and the JSE combined index gained 203.49 points to end at 84,221.49.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows a strong signal of 12 stocks with bids higher than their last selling prices and only 3 with offers that were lower.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Berger Paints concluding trading with 18,240 shares, gaining of 1 cent to $1.61, Jamaica Money Market Brokers finishing with 1,362,305 ordinary shares changing hands while gaining 31 cents to $7.26, Jamaica Producers closing with 2,412 shares trading 4 cents higher at $16. National Commercial Bank trading 6,225 shares while gaining 49 cents to $24.99, Pan Jamaican Investment finishing with 6,650 units with a gain of 4 cents at $55.05, Scotia Group closing with 255,000 shares traded with a gain of 12 cents to $21 and Supreme Ventures trading in 103,487 shares to end with an increase of 30 cents to $2.30.
JSE sum 24-3-15
Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless there was dealing in 109,310 shares changing hands 52 cents, Caribbean Cement contributing 648 shares trading at $2.30, Desnoes & Geddes ending trading with 26,804 shares at $5.45, Grace Kennedy finishing trading with 6,781 shares at $61, Kingston Wharves while exchanged 1,190 units at $6.40, Scotia Investments closed with 1,540 shares changing hands at $23.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Jamaica Broilers closing with 89,424 units to close lower by 1 cents to $4.05, Kingston Properties finishing trading with 10,000 units as the price slipped 50 cents to $7, Mayberry Investments concluding trading with 100,000 units to close lower by 2 cents to $2.38, Sagicor Group in trading 5,081,242 units as the price slipped 5 cents to $10.55 and Seprod finishing trading with 1,662 shares changing hands 10 cents lower to $12.90.
Preference| Jamaica Money Market Brokers 7.5% preference shares 38,000 shares changing hands $2.

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

6 TTSE stocks rose on Tuesday

March 24, 2015 by

Trading on the Trinidad Stock Exchange on Tuesday ended with 14 securities changing hands of which 6 advanced, 1 declined and 7 traded firm with a total of 264,285 units, valued at $3,318,646.
TTSE sum 24-3-15At the close of the market, the Composite Index lost 0.48 points to close at 1,155.73, the All T&T Index fell by just 1.59 points to close at 1,972.66 and the Cross Listed Index fell / increased by a mere 0.08 points to end at 44.42.
Gains| Stocks increasing in price at the close are, Guardian Media closing at $19.76 having gained 1 cent with 4,922 shares changing hands, Massy Holdings gained 1 cent to end at $63.01 with 13,516 shares trading for a value of $851,623. Point Lisas Industrial Port closing with 30 shares changing hands 1 cent higher at $3.53, Scotiabank traded 821 shares to close 4 cents higher at $62.05, Trinidad Cement with 20,700 shares trading closed 2 cents up at $2.62 and West Indian Tobacco traded 7,238 shares valued at $905,043 to close with a gain of 2 cent at $125.05.
Declines| Scotia Investments traded 32,082 shares but lost 2 cents and closed at $1.50 to be the sole stocks declining.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund with 30,230 shares valued at $680,427 to end at $22.50, Grace Kennedy contributing 36,670 shares with a value of $129,812, to close at $3.54, Guardian Holdings closing at $14.50 while trading 5,800 units. National Commercial Bank with 64,322 shares changing hands for a value of $100,342, closing at $1.56, National Enterprises with 2,635 shares trading at $17.35, One Caribbean Media contributed 1,294 shares at $22.30 and Sagicor Financial Corporation with 44,025 shares trading for $242,140 to end at $5.50.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than their last selling prices and 4 stocks with offers that were lower.

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

JSE starts week moderately

March 23, 2015 by

Sagicor Group closed at a new 52 weeks' high

Sagicor Group closed at a new 52 weeks’ high

Monday’s activity on the Jamaica Stock Exchange, resulted in the prices of 5 stocks rising, 4 declining as 9 securities changed hands, ending in 1,600,603 units trading, valued at $12,582,937, in all market segments.
Main Market| At the close the JSE Market Index ended at 82,340.76 with a mere 1.46 point rise, the JSE All Jamaican Composite index closed at 90,779.09 with a gain of 1.63 points and JSE Combined Index finished at 84,018.00 with an increase of 5.70 points.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 11 stocks with bids higher than their last selling prices and 3 with offers that were lower.
Gains| Stocks gaining with last traded prices, at the close of the main market are, Carreras contributing 5,000 shares while gaining 60 cents to end at $39.10. Desnoes & Geddes closing with 50,000 units and gained 14 cents to $5.45, Sagicor Group saw trading in 222,193 shares to gain 14 cents to $10.60 and Scotia Group concluding trading with 24,124 shares to end with an increase of 3 cents to $20.88.
Firm| The stocks in the main market to close without a change in the last traded prices are, Berger Paints in trading a mere 100 shares trading at $1.60, Caribbean Cement finishing trading with 4,002 shares at $2.30. There was dealing in 1,430 Grace Kennedy shares at $61, Jamaica Money Market Brokers having 142,547 ordinary shares changing hands, closed at $6.95, Proven Investments trading 14,797 shares closed at 18 US cents and Sagicor Real Estate Fund closed with 1,000 shares changing hands at $6.70.
JSE sum 23-3-15 Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Jamaica Broilers finishing with 25,338 units to close lower by 24 cents at $4.06. Jamaica Producers closing with 2,500 units as the price slipped 4 cents to $15.96, National Commercial Bank finishing trading with 237,872 units to close lower by 35 cents at $24.50 and Supreme Ventures concluding trading with 4,100 units as the price slipped 30 cents to $2.
Preference| Jamaica Money Market Brokers 8.75% preference shareending trading with 59,000 units at $3.04 and Jamaica Money Market Brokers 7.50% preference share had 750,000 shares changing hands at $2.

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

4 up 4 down on TTSE Thursday

March 19, 2015 by

Trading on the Trinidad Stock Exchange closed with 14 securities changing hands of which 4 advanced, 5 declined and 5 traded firm on Thursday, with a total of 447,002 units, valued at $7,951,431.
At the close of the market, the Composite Index rose 1.82 points to close at 1,157.09, the All T&T Index lost 2.67 points to close at 1,978.31 and the Cross Listed Index increased by 0.85 points to end at 44.03.
TTSE sum 19-3-15 Gains| Stocks increasing in price at the close are, Clico Investment Fund trading 162,725 shares, valued at $3,662,705 to advance 1 cent to $22.51, First Citizens Bank trading 1,115 shares at $35.28 to gain 1 cent. National Commercial Bank with 60,000 shares trading for $92,500 lost 14 cents, to end at a new 52 weeks’ high of $1.55 and Scotiabank traded 661 shares in closing up 1 cent at $62.01.
Declines| The stocks declining at the end of trading are, Angostura Holdings trading 8,640 shares, losing 25 cents to end at $14.25. Grace Kennedy contributing 24,000 shares with a value of $84,960 ended at $3.54, with the loss of 1 cent while Jamaica Money Market Brokers, ended at 40 cents after losing 3 cents, with only 5,000 shares changing hands. Massy Holdings traded 8,382 shares valued and lost 37 cents to close at $63, a new 52 weeks’ low and Republic Bank added 21,855 shares valued at $2,578,890 while losing 21 cents to end at $118.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, ANSA Mcal trading 414 shares at $66.90, Guardian Holdings with 19,000 shares trading at $15.50, One Caribbean Media contributing 50 shares at $22.30. Prestige Holdings trading 16,500 units valued at $165,000, to close at $10 and Trinidad Cement with 118,660 shares changing hands for a value of $310,560 to close at $2.65.
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.

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