NCB closes at $25

March 11, 2015 by

NCB closed up by $1.50 at $25 on Wednesday

NCB closed up by $1.50 at $25 on Wednesday

Wednesday’s activity on the Jamaica Stock Exchange ended with National Commercial Bank (NCB) closing at $25 has demands picks up for the stocks and supply of stocks seems limited. NCB closed with only six offers to sell between $25.50 and $33. Trading resulted in the prices of 7 stocks rising, 9 declining as 18 securities changed hands, ending in 5,386,223 units trading, valued at $35,347,255 in all market segments.
Main Market| The JSE Market Index gained 507.16 points to 82,624.62, the JSE All Jamaican Composite index fell rose 567.03 points to close at 91,096.46 and the JSE combined index gained 594.16 points to close at 84,419.09.
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 5 with offers that were lower.
JSE sum 11-3-15 Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Desnoes & Geddes in contributing 60,988 shares closed 35 cents higher to $5.50, National Commercial Bank closing with 65,060 shares changing hands $1.50 higher at $25, Supreme Ventures finishing trading with 87,600 shares, 3 cents up to $2.30
Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless was the only ordinary stock to remained unchanged in price at the end of trading and closed with 103,000 shares changing hands at 50 cents
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Caribbean Cement finishing with 11,500 units to close lower by 5 cents at $2.26. Carreras closing with 4,000 units, the price slipped 36 cents to $43.15, Grace Kennedy finishing trading with 9,344 shares to close 54 cents lower at $60.52, Jamaica Broilers concluded trading with 88,276 shares and closed with a loss of 1 cent at $4, Jamaica Money Market Brokers in exchanging 306,475 units, ended with a decline of 1 cent to $7.10. Sagicor Group had dealing in 2,143,526 shares trading with a loss of 8 cents to $10.42,
Scotia Investments lost $ to close at $23.50

Scotia Investments lost $ to close at $23.50

Scotia Group contributing 500 shares trading at 1 cent to close at $20.80 and Scotia Investments concluding trading with 1,200 shares and lost $4 less to close at $23.50.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 1,770,782 units and lost 4 cents to $3 and Jamaica Money Market Brokers 7.50% preference shares traded 489,374 units at $2.

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

5 stocks gained on TTSE Wednesday

March 11, 2015 by

Trading on the Trinidad Stock Exchange closed with 13 securities changing hands of which 5 advanced, 2 declined and 6 traded firm with a total of 256,617 units, valued at $3,637,097.
At the close of the market, the Composite Index rose by 0.45 points to close at 1,149.02, the All T&T Index gained 0.15 points to close at 1,972.82 and the Cross Listed Index increased by 0.14 points to end at 42.61.
TTSE 11-3-15 Gains| Stocks increasing in price at the close are, National Commercial Bank with 17,000 shares trading and closed 1 cent higher, at a new 52 weeks’ high of $1.37. Scotiabank gained 3 cents in trading 462 shares to end at $62.20, Trinidad Cement contributed 16,500 shares and closed 1 cent higher at $2.31, Unilever Caribbean gained 17 cents to end at a new 52 weeks’ high of $65.35 while trading 653 shares and West Indian Tobacco traded 1,728 shares to advance by 1 cent to $125.04.
Declines| The stocks declining at the end of trading are, Angostura Holdings with 1,500 shares trading, closed with a loss of 4 cents, at $14.96 and Agostini’s added 10,000 shares valued at $174,000 and suffered a 20 cents loss, to close at $17.40.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund trading 107,156 shares valued at $2,411,010 to end at $22.5, First Citizens Bank trading 5,917 shares, valued at $209,817 to close at $35.46. Grace Kennedy trading 1,500 shares at $3.60, National Flour Mills exchanging 800 shares at $1.55, Point Lisas Industrial Port Development with 7,551 shares closed at $3.50 and Sagicor Financial Corporation with 85,850 shares changing hands for a value of $437,965, closed at $5.10.
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 3 stocks with offers that were lower.

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

6 stocks up 7 down on JSE Tuesday

March 10, 2015 by

Tuesday’s activity on the Jamaica Stock Exchange, resulted in the prices of 6 stocks rising, 7 declining as only 20 securities changed hands, ending in 2,017,463 units trading, valued at only $10,345,649, in all market segments.
JSe sum 10-3-15strong> Main Market| The JSE Market Index lost 584.74 points to 82,117.46, the JSE All Jamaican Composite index fell 653.76 points to close at 90,529.43 and the JSE combined index declined 580.75 points to close at 83,824.93.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 8 stocks with bids higher than their last selling prices and 6 stocks with offers that were lower.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Grace Kennedy ending with 45,972 shares, gained 6 cents to $61.06, Jamaica Broilers closing with 88,054 shares changing hands, 1 cent higher to $4.01. Mayberry Investments concluding trading with 51,020 shares while gaining 14 cents, to end at a new 52 weeks’ high of $2.50 and Sagicor Group trading 118,785 units to close with a gain of 9 cents at $10.50.
Firm| The stocks in the main market to close without a change in the last traded prices are, Ciboney concluding trading with only 2,400 shares at 7 cents, Desnoes & Geddes had 13,346 shares changing hands at $5.15. There was dealing in 1,100 Hardware & Lumber shares, trading at $7.40, Kingston Wharves closing with a mere 300 shares changing hands and ended at $6.40 followed by National Commercial Bank finishing trading with 1,900 shares at $23.50.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Cable & Wireless finishing with 177,779 units to close lower by 4 cents to 50 cents, Jamaica Money Market Brokers trading 9,185 ordinary shares and closed with a loss of 4 cents to $7.11, Proven Investments trading with 9,675 and lost 0.49 to 18 US cents, there was dealing in 151,041 Scotia Group shares with a loss of $1.19 to $20.81.
Preference| Jamaica Money Market Brokers 7.50% preference share trade 394,300 shares close at $2.

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

Low trading on JSE Monday

March 9, 2015 by

Monday’s activity on the Jamaica Stock Exchange was moderate, resulting in the prices of 6 stocks rising, 4 declining as only 14 securities changed hands, ending in 2,002,875 units trading, valued at $10,729,312 in all market segments. Main Market| The JSE Market Index gained 314.15 points to 82,702.20, the JSE All Jamaican Composite index rose 351.23 points to close at 91,183.19 and the JSE combined index gained 329.13 points to close at 84,405.68.
JSE sum 9-3-15 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator is indicating a sideward movement for the market, with 8 stocks having bids higher than their last selling prices and 6 stocks with offers that were lower.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Jamaica Money Market Brokers with 309,275 ordinary shares changing hands, closing higher by 15 cents at $7.15. Radio Jamaica in conducting trading with 7,025 shares, gained 1 cent to $1.38, Sagicor Group while exchanging 519,047 shares ended gaining 10 cents to close at $10.41 and Scotia Group had dealing in 24,576 shares and added $1 in closing at $22.
Firm| The stocks in the main market to close without a change in the last traded prices are, Barita Investments in trading 2,159 shares closed at $2.25, Caribbean Cement trading 8,900 shares ended at $2.31 and Sagicor Real Estate Fund in dealing with 7,220 shares closed at $6.70.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Cable & Wireless finishing with 701,220 units to close lower by 1 cent to 54 cents, Grace Kennedy closing with 2,400 units as the price slipped $1 $61, Jamaica Broilers ending trading with 288,969 shares and lost 5 cents to $4 and Mayberry Investments concluded trading with 1,470 shares and suffered a loss of 13 cents to $2.36.

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

Only 14 stocks trade on Monday

March 9, 2015 by

JSE cl 9-3-15There not a great deal of activity on the Jamaica Stock Exchange on the first trading of the week. When the market closed a mere 2,002,875 valued at just $10,729,312 changed hands. Five securities account for the bulk of the stocks trading. The all Jamaica Composite index put on 351.23 to end at 91,183.19 and the JSE Index added 314.15 points to end at 82,702.20. Scotia Group closed at $22 after adding $1 and Grace Kennedy lost $1 to end at $61.

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

TTSE directionless

March 9, 2015 by

Trading on the Trinidad Stock Exchange ended with 9 securities changing hands, 2 advanced, 2 declined and 5 traded firm with a total of 73,201 units, valued at $1,611,813. The market closed with 1 stock reaching a new 52 weeks’ high and 1 falling to a new 52 weeks’ low.
TTSE 9-3-15At the close of the market, the Composite Index lost 0.14 points to close at 1,149.27, the All T&T Index fell by just 0.27 points to close at 1,974.36 and the Cross Listed Index remained unchanged at 42.47.
Gains| Stocks increasing in price at the close are, ANSA McAL trading 440 shares t to close with a gain of 1 cent to end at $66.88 and West Indian Tobacco gained 2 cents to end at a new 52 weeks’ high of $125.04 with 4,500 shares.
Declines| The stocks declining at the end of trading are, Massy Holdings contributed 6,000 shares with a value of $380,340 and lost 4 cents to end at a new 52 weeks’ low of $63.39 and Trinidad Cement 5 cents to close at $2.45 with only 1,400 shares changing hands.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Agostini’s trading 1,079 shares at $17.60, Clico Investment Fund trading 23,200 shares valued at $522,020, remaining at $22.50. Grace Kennedy led with 23,216 shares changing hands at $3.60, followed by Jamaica Money Market Brokers with 8,366 shares trading at 43 cents, while National Flour Mills added 5,000 shares at $1.55.
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 5 stocks with offers that were lower.

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

Market falls as PanJam trades 24m shares

March 6, 2015 by

Pan Jam traded 24.4m shares on Friday

Pan Jam traded 24.4m shares on Friday

Pan Jamaican Investment traded 24,401,900 for $1.3 billion but the stock price closed the day lower than the opening. Elsewhere in Friday’s activity on the Jamaica Stock Exchange, resulted in the prices of 4 stocks rising, 11 declining as 20 securities changed hands, ending in 27,214,924 units trading, valued at $1,313,031,854, in all market segments.
Main Market| The JSE Market Index dropped 1,695.24 points to 82,388.05, the JSE All Jamaican composite index dived 1,895.35 points to close at 90,831.96 and the JSE combined index sank by 1,641.84 points to close at 84,076.55.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows stocks with bids higher than their last selling prices and stocks with offers that were lower.
Mayberry closed at a new 52 weeks' high on Friday

Mayberry closed at a new 52 weeks’ high on Friday

Gains| Stocks gaining with the last traded prices at the end of trading in the main market are, Jamaica Money Market Brokers finishing with 185,369 ordinary shares changing hands to close higher by 10 cents at $7, Mayberry Investments ending with 4,040 shares changing hands for 13 cents higher, to a new 52 weeks high of $2.49 and Sagicor Group closing with 448,460 shares trading 1 cent up to $10.31.
Firm| The stocks in the main market to close without a change in the last traded prices are, Berger Paints while exchanged 7,899 shares close at $1.55, there was dealing in 247,770 Cable & Wireless shares at 55 cents, Grace Kennedy had 3,288 shares changing hands $62 and Jamaica Producers closed with 25,000 shares to close at $17.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Caribbean Cement with 8,436 units to close lower by 1 cent at $2.31, Carreras finishing with 5,487 units as the price slipped 99 cents to $43.51, Desnoes & Geddes closed with 129,689 shares trading lower for 5 cents to $5.15. Jamaica Broilers concluding trading with 122,853 shares traded with a loss of 2 cents to $4.05, National Commercial Bank in trading 31,153 shares closed with a loss of $2 to $23.50, the stock closed on the Trinidad and Tobago Stock Exchange with a bid of $1.35 to buy 171,500 shares with no stock on offer. JSE sum 6-3-15In Jamaica there are only 4 offers totalling 109,000 units between $25.50 and $33 with only one offer of significance at 103,873 at $30. Pan Jamaican Investment finished trading with 24,401,900 units to fall 80 cents to $53.20, there was dealing in 94,545 units in Scotia Group with a decline of $1.39 to end at $21 after the banking group issued first quarter results that were down from the previous year’s results. Seprod contributed 48,719 and lost $1.10 to $11.90 and Supreme Ventures concluded trading with 1,065,614 shares traded with a loss of 4 cents to $2.27.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 260,600 shares to end at $3.04, Jamaica Money Market Brokers 7.50% preference share traded 24,000 units to close at $2.

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

Winners hard to find on TTSE

March 6, 2015 by

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

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

With interest rates on the rise and profits under pressure in the twin island state of Trinidad and Tobago, is proving difficult to find winners these days on the Trinidad Stock Exchange. In trading on Friday the market closed with 11 securities changing hands of which 1 advanced, 2 declined and 8 traded firm with a total of 537,112 units, valued at $7,799,050.
At the close of the market, the Composite Index rose 3.05 points to close at 1,149.41, the All T&T Index fell by 0.12 points to close at 1,974.63 and the Cross Listed Index increased by 0.83 points to end at 42.47.
Gains| Stocks increasing in price at the close are, National Commercial Bank increased 12 cents to end at a 52 weeks’ high of $1.35 the equivalent of J$24.37 while it closed at $23.50 on the Jamaica Stock Exchange. The stock closed with a bid of $1.35 to buy 171,500 shares with no stock on offer. In Jamaica there are only 4 offers totalling 109,000 units between $25.50 and $33.
Declines| The stocks declining at the end of trading are, Clico Investment Fund traded with 28,280 shares valued at $636,542 and declined by 4 cents to end at $22.50 and First Citizens Bank contributed 40,141 shares with a value of $1,423,400, and closed 3 cents down at $35.46.
TTSE 6-3-15
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Grace Kennedy traded 28,548 shares to close at $3.60, Jamaica Money Market Brokers with a volume of 82,734 shares at 43 cents, National Enterprises 173 shares to close at $17.40, National Flour Mills 1,500 shares traded at $1.55. One Caribbean Media had 12,224 shares changing hands at $23.95, Point Lisas Industrial Port Development traded 4,557 shares to close at $3.50, Republic Bank added 32,120 shares valued at $3,796,795 to close at $118.21, Sagicor Financial Corporation with 286,835 shares changing hands for a value of $1,462,909 at $5.10.
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 3 stocks with offers that were lower.

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

JSE make big daily gains again

March 5, 2015 by

NCB MbayNational Commercial Bank gained $2.50 and Scotia Group $2.39 to help the Jamaica stock market to close at a two and a half year high on Thursday, resulting from the prices of 13 stocks rising and only 4 declining as 23 securities changed hands, ending in 6,535,906 units trading, valued at $19,861,234 in all market segments.
Main Market| The JSE Market Index gained 1,092.69 points to 84,083.29, the JSE All Jamaican Composite index rose 1,221.67 points to close at 92,727.31 and the JSE combined index gained 1,146.47 points to close at 85,718.39. IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 5 stocks with bids higher than their last selling prices and 6 stocks with offers that were lower.

Scotia Group closed higher at the close & helped to push market up on Monday

Scotia Group closed higher at the close & helped to push market up on Monday

Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Caribbean Cement contributing 1,950 shares in changing hands to close higher by 2 cents to $2.32, Carreras exchanged 8,587 shares at 50 cents more to $44.50, Jamaica Broilers in contributing 53,050 shares put on 1 cent to $4.07. National Commercial Bank closed with 42,774 units changing hands and put on $2.50 to close at a new 52 weeks’ high of $25.50, Pan Jamaican Investment finished trading with 7,445 shares to end with an increase of $1.22 at $54. Sagicor Group had trading in 167,699 units to close 9 cents higher, at $10.30, Scotia Group ended with 22,628 shares to close $1.39 higher to a 52 weeks’ high of $22.39 and Supreme Ventures closed with 5,621,956 shares to end with 11 cents more at $2.31.
JSE sum 5-3-15
Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless finishing trading with 102,545 shares at 55 cents, Gleaner concluded trading with 1,500 shares at $1.10, Grace Kennedy in trading 10,510 shares, closed at $62 and Kingston Wharves finishing with 1,000 shares trading at $6.40.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Desnoes & Geddes closing with 270,000 units as the price slipped 15 cents to $5.20 and Sagicor Real Estate Fund with 25,000 shares closed with a loss of 10 cents to $6.70.

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

Low TTSE trading activity on Thursday

March 5, 2015 by

Trading on the Trinidad Stock Exchange was very low with only 7 securities changing hands, none advanced, 5 declined and 2 traded firm with a total of 311,962 units, valued at $5,730,563.
TTSE 5-3-15fnAt the close of the market, the Composite Index lost 0.12 points to close at 1,146.36, the All T&T Index fell by just 0.17 points to close at 1,974.75 and the Cross Listed Index fell by a mere 0.01 points to end at 41.64.
Gains| There were no stocks increasing in price at the close.
Declines| The stocks declining at the end of trading are, Clico Investment Fund traded 111 shares to end at $22.55 and Massy Holdings suffered a loss, 2 cents to close at $63.43 with 5,624 shares trading, valued at $356,732.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Ansa Mcal closing with 1,159 shares at $66.87, Guardian Holdings contributing 12,259 shares with a value of $159,367, closed at $13, One Caribbean Media traded 2,115 shares to end at $23.95. Republic Bank with 31,842 shares traded for $3,763,570 at a price of $118.21 and Sagicor Financial Corporation with 258,852 shares changing hands for a value of $1,320,234, closed at $5.10.
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 5 stocks with offers that were lower.

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