In a very moderate trading Wednesday on the Jamaica Stock Exchange, the prices of 5 stocks rose and 8 declined as 23 securities changed hands, ending in only 1,348,967 units trading, valued at $6,683,127, 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 had 6 stocks with bids higher than their last selling prices and 6 stocks with offers that were lower.
Main Market| The JSE Market Index shed 384.01 points to 74,163.04, the JSE All Jamaican Composite index fell 429.38 points to close at 81,635.89 and the JSE combined index declined by 414.46 points to close at 76,079.90.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Carreras concluded trading with 30,485 shares while gaining 50 cents to $37, Grace Kennedy finished trading with 9,710 shares rising 40 cents to $60.40, Proven Investments concluded trading with 26,880 units and put on 0.69 cent to 17.99 us cents and Seprod ended trading with 80,000 shares with an increase of 20 cents to $12.
Firm| The stocks in the main market to close without a change in their last traded prices are, Caribbean Cement ending with 193,500 shares trading at $2.40, followed by Ciboney in exchanging 2,000 shares, to close at 7 cents, Jamaica Money Market Brokers ended trading with 2,120 ordinary shares at $7. Kingston Wharves ended trading with 130,544 shares at $6, Radio Jamaica finished trading with 12,696 shares at $1.18, Sagicor Real Estate Fund had 30,000 shares changing hands at $6.85 and Scotia Group ended with 13,040 units to close $19.55.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Cable & Wireless that closed with 79,383 shares trading 1 cent lower, at 43 cents, Desnoes & Geddes with 28,292 shares, at a loss of 1 cent to $4.82, Jamaica Broilers finished trading with 43,836 units, fell 9 cents to $4.01. Mayberry Investments exchanged 65,000 shares to close 2 cents lower at $1.48, National Commercial Bank concluded trading with 16,878 shares changing hands to close at 76 cents down at $18.09 and Salada Foods ended with 10,000 shares changing hands to close at 35 cents lower at $7.50.
Preference| Jamaica Money Market Brokers 7.50% preference share traded contributed 98,000 units at $2.
Trading sinks to only $7M on JSE
No declining stocks in Trinidad
Scotiabank T&T closed with a bid at $5.76 for 6,695 shares, as the price continues to recover.
At the close of the market, the Composite Index rose 0.67 points to close at 1,143.17, the All T&T Index put on 1.33 points to close at 1,968.01 and the Cross Listed Index remained at 41.69.
Gains| Stocks increasing in price, at the close are, ANSA McAL traded 19,610 shares valued at $1,300,143, to close with a gain of 12 cents, at $66.30. Clico Investment Fund with 40,340 shares valued at $911,514 trading, advanced by 10 cent, to end at $22.60, Scotiabank’s stock price increased by 15 cents, to end the day at $58.70, while trading 1,120 shares. The bid at the end of trading stood at $5.76 to buy 6,695 shares and Trinidad Cement contributed 29,488 shares and closed 5 cents higher at $2.15.
Declines| There were no stocks declining at the end of trading on Wednesday.
Firm Trades| Stocks closing with prices unchanged, at the end of trading are, Angostura Holdings traded 1,057 shares at $12.76. Firstcaribbean International Bank traded 9,130 shares at $5, First Citizens Bank traded 277 shares to close at $36.76, Grace Kennedy put through 3,854 shares to close at $3.84, Jamaica Money Market Brokers traded 221,395 shares valued at $99,628 and ended at 45 cents. Massy Holdings with 2,000 shares valued at $136,900 ended at $68.45, National Commercial Bank closed at $1.10 while trading 93,370 shares. National Enterprises added 830 shares, to end at $17.47, One Caribbean Media contributed only 100 shares as the price closed unchanged at $25.10, Sagicor Financial Corporation traded 6,000 shares at $6.IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than their last selling prices and 1 stock with the offer that was lower.
7 stocks gained & 7 declined on JSE
Tuesday’s activity on the Jamaica Stock Exchange, resulted in the prices of 7 stocks rising and 7 declining as 24 securities changed hands, ending in 13,351,835 units trading, valued at $51,923,241, 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 had 4 stocks with bids higher than their last selling prices and 6 stocks with offers that were lower.
Main Market| The JSE Market Index lost 15 points to 74,547.05, the JSE All Jamaican Composite index fell 16.77 points to close at 82,065.27 and the JSE combined index gained 20.59 points to close at 76,494.36.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Cable & Wireless that concluded trading with 5,523,062 shares while gaining 1 cent to 44 cent, Jamaica Broilers finished trading with 30,061 shares, with the price rising 8 cents to $4.10. Scotia Group ended trading with 254,039 shares, with an increase of 5 cents to $19.55, Seprod closed with 18,854 shares as the price climbed 30 cents to $11.80 and Supreme Ventures finished trading with 43,500 shares changing hands, to close 4 cents higher at $1.80.
Firm| The stocks in the main market to close without a change in the last traded prices are, Caribbean Cement that had 138,200 shares changing hands to close at $2.40, Jamaica Money Market Brokers exchanged 30,232 ordinary shares at $7, Jamaica Stock Exchange contributed 200,000 shares in trading at $1.55. Kingston Wharves ended trading with only 350 units at $6, Mayberry Investments had 114,164 units to close $1.50, Proven Investments ended with 9,762 shares at 17.30 US cents.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Carreras ended with 157,195 units as the price slipped 50 cents to $36.50, Desnoes & Geddes closed with 32,446 shares trading 2 cents lower at $4.83. Grace Kennedy finished with 122,717 shares and lost 1 cent to end at $60, National Commercial Bank had 1,271,881 shares changing hands to close 40 cents lower at $18.85 and Sagicor Group concluded trading with 4,000 shares changing hands to close at 11 cents lower to $9.88.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 31,380 shares at $3.
Scotiabank on the mend & climbing
The price of Scotiabank shares, continue to mend on the Trinidad Stock Exchange, with the price closing up at the end of trading on Tuesday, on moderate volume. Importantly, at the end of trading, there were 28,445 units on the bid to buy at 10 cents over the closing price. There were no stocks offered for sale, an indication that the price will be moving up.
The market closed with 10 securities changing hands of which 2 advanced, 2 declined and 6 traded firm, with a total of 204,322 units, valued at $1,065,639, trading. The Composite Index of the market rose 0.47 points to close at 1,142.50, the All T&T Index gained 0.88 points to close at 1,966.68 and the Cross Listed Index increased by a mere 0.01 points to end at 41.69.
Gains| Stocks increasing in price at the close are, Scotiabank increased by 19 cents to end the day at $58.55 while trading 2,697 shares worth $157,855, and Trinidad Cement contributed 10,000 shares and closed 5 cents higher at $2.10.
Declines| The stocks declining at the end of trading are, Agostini’s traded just 171 units but fell 1 cent to $17.33 Guardian Holdings suffered a loss of 1 cents to close at $13.49.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund with 2,595 shares with the price remaining at $22.50, First Citizens Bank traded 900 shares to close at $36.76, Grace Kennedy with 640 shares ended at $3.84. National Enterprises added 5,000 shares, valued at $87,350, to end at $17.47, Sagicor Financial Corporation with 91,500 shares changing hands, for a value of $548,950, closed at $6 and Scotia Investments with 89,000 shares trading for $129,050, closed at $1.45.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than their last selling prices and no stock with the offer that was lower.
Grace trades 9.3m shares for $561M
Grace stock traded 9.3m shares for $579M
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had 6 stocks with bids higher than their last selling prices and 6 stocks with offers that were lower.
Main Market| The JSE Market Index lost 59.11 points to 74,562.05, the JSE All Jamaican Composite index fell 66.09 points to close at 82,082.04 and the JSE combined index declined by 30.14 points to close at 76,473.77.
Gains| Stocks gaining at their last traded prices, at the end of trading in the main market are, Caribbean Cement concluded trading with 4,375 shares, 14 cents higher, to $2.40, Carreras finished trading with 2,073 shares changing hands, with a $1 gain at $37. National Commercial Bank closed with 748,862 shares while gaining 25 cents to $19.25, Sagicor Group finished with 48,850 units to close with a gain of 8 cents at $9.99 and Sagicor Real Estate Fund saw trading in 117,463 units to close with a gain of 15 cents to $6.85.
Firm| The stocks in the main market to close without a change in the last traded prices are, Desnoes & Geddes with 4,611 shares changing hands, to close at $4.85, Jamaica Money Market Brokers ended trading with 6,000 ordinary shares at $7. Kingston Wharves closing trading with 21,297 shares at $6, Proven Investments had 57,114 shares changing hands, at 17.30 US cents and Radio Jamaica concluded trading with 9,000 shares changing hands to close at $1.18.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Cable & Wireless ended with 39,733 units, the price slipped 2 cents to 43 cents, Grace Kennedy closed with 9,349,668 shares trading 59 cents lower at $60.01, Palace Amusement finished with only 100 shares with a loss of $11 to $66 and Scotia Group finished trading with 34,750 units to fall 50 cents to $19.50.
Preference| Jamaica Money Market Brokers 7.50% preference share traded 4,000 units at $2.
T&TSE quietly looking better
Trading on the Trinidad Stock Exchange on Monday, was moderate, with 11 securities changing hands, of which 3 advanced, 2 declined and 6 traded firm, with a total of 553,708 units, valued at $4,694,056.
At the close of the market, the Composite Index lost 0.89 points to close at 1,142.03, the All T&T Index rose 0.61 points to close at 1,965.80 and the Cross Listed Index declined by 0.32 points to end at 41.68.
Gains| Stocks increasing in price at the close are, National Enterprises traded 17,166 units valued at $299,890, gained 2 cents to end at $17.47, Scotiabank gained 10 cents, to end at $58.36 while 100 shares traded and Scotia Investments contributed 20,954 shares and ended 4 cents higher at $1.445
Declines| The stocks declining at the end of trading are, Massy Holdings traded 100 shares to close with a loss of 2 cents, at $68.45 and National Commercial Bank with 308,550 shares changing hands for a value of $339,832 to fall 5 cents to $1.10.
Firm Trades| Stocks closing with prices unchanged, at the end of trading are, Ansa Mcal with 500 shares traded, to close $66.18. Clico Investment Fund with 152,040 shares valued at $3,420,900, remained at $22.50, First Citizens Bank traded 3,745 shares valued $137,666 to close, at $36.76, while Guardian Holdings added 20,000 shares valued at $270,000 to end at $13.50. Jamaica Money Market Brokers with 5,373 shares changing hands at 45 cents and Sagicor Financial Corporation with a volume of 25,250 shares being traded for $151,500 to close at $6.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bids higher than their last selling prices and none with offers that were lower.
JSE up 3,100 points for November so far
Trading on the Jamaica Stock Exchange closed the week with the main index up 1,116.30 points, the all Jamaica Index gained 1,248.18 points and the combined index 1,251.75 points, as the market recorded gains in all but one day for the week. For November, to date, the main market index is up 2,816 points, the all Jamaica Index 3,149 and the combined index 2,848 points.
Friday’s activity resulted in the prices of only 4 stocks rising, 8 declining as 21 securities changed hands, ending in 9,320,763 units trading, valued at $91,472,038, 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 had 7 stocks with bids higher than their last selling prices and 8 stocks with offers that were lower.
Main Market| The JSE Market Index gained 52.12 points to 74,621.16, the JSE All Jamaican Composite index rose 58.27 points to close at 82,148.13 and the JSE combined index gained 22.81 points to close at 76,503.91.
Gains| Stocks gaining with the last traded prices, at the end of trading, in the main market are, Cable & Wireless finishing trading, with 380,042 shares, 2 cents higher to 45 cents. Grace Kennedy concluded trading with 1,778 shares changing hands, 10 cents higher at $60.60 and Scotia Group closed with 2,324,106 shares trading, with a gain of 30 cents to $20. Barita Investments was the broker selling the most Scotia shares, and NCB Capital Market, the broker purchasing the bulk of the stock to trade, with most traded at $20.
Firm| The stocks in the main market to close without a change in their last traded price are, Caribbean Cement with 3,375 shares, changing hands, to close at $2.26, Jamaica Money Market Brokers with 7,900 ordinary shares changing hands at $7, Jamaica Stock Exchange finished trading with 6,000 shares at $1.55. National Commercial Bank had 987,977 shares changing hands at $19 and Radio Jamaica concluded trading with 378 shares changing hands, to close at $1.18. Sagicor Investments was the broker to trade the largest portion of the NCB trade with a cross of 967,497 units. At the close of trading there were only 12 offers posted between $19.15 and $35 for just under 200,000 shares, while there are a number of bids at $18 to $18.30 for more than 370,000 shares.
Declines| The last traded price of stocks with losses, at the close of the main market are, Desnoes & Geddes ended with 4,021,000 units trading, as the price slipped 5 cents to $4.85, Gleaner closed with 600 shares trading 1 cent lower at $1. Jamaica Broilers finished with 2,000 shares trading at a loss of 8 cents to $4.02, Mayberry Investments closed with 178,267 shares trading 2 cents to $1.50, Proven Investments had 269,400 shares changing hands to close 0.20 cents at 17.30 US cents and Sagicor Group ended trading with 3,500 shares changing hands to close 9 cents to $9.91.
Preference| Jamaica Money Market Brokers 7.50% preference share ended trading with 194,400 shares at $2.
Scotiabank continues recovery on TTSE
Scotiabank continues to slowly recover from its recent low by putting in a moderate gain in trading on the Trinidad Stock Exchange on Friday, but closed with the bid above the closing price, with no stocks on offer. At the close of the market, 12 securities changed hands of which 4 advanced, 2 declined and 6 traded firm, with a total of 567,439 units, valued at $3,560,180 trading.
At the close of the market, the Composite Index rose 0.39 points to close at 1,142.92, the All T&T Index gained 0.79 points to close at 1,965.19 and the Cross Listed Index remained at 42 points.
Gains| Stocks increasing in price at the close of the market are, ANSA McAL with 1,230 shares, to close with a gain of 1 cent at $68.18, First Citizens Bank traded 3,356 shares to close with a gain of a cent, at $36.76. Scotiabank closed 4 cents higher, to $58.26 with only 150 units trading and Trinidad Cement with 45,000 shares traded for $91,725, to close with a gain of 3 cents, at $2.05.
Declines| The stocks declining at the end of trading are, Sagicor Financial Corporation 6.5% US$1 Convertible Redeemable Preference lost 3 cents to close at U$1.10 in trading 200,000 units for a 52 weeks’ low,
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Bourse Brazil Latin Fund remained at US$9.50, after trading 1,729 shares. Clico Investment Fund with 13,759 shares valued at $309,578, ended at $22.50, Grace Kennedy added 34,042 shares valued at $130,721 at $3.84, National Commercial Bank Traded 200,000 shares valued at $230,000 to close at $1.15. National Enterprises with 9,000 shares, closed at $17.45, while One Caribbean Media with 20,200 shares closed at $25.10, Sagicor Financial Corporation contributed 37,463 shares with a value of $224,778 and West Indian Tobacco traded 1,510 shares to end at $121.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than their last selling prices and 1 stock with the offer that was lower.
9 up 6 down on JSE
Thursday’s activity on the Jamaica Stock Exchange, resulted in the prices of 9 stocks rising and 6 declining as 24 securities changed hands, ending in 4,155,612 units trading, valued at $38,853,829, 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 had 4 stocks with bids higher than their last selling prices and 4 stocks with offers that were lower.
Main Market| The JSE Market Index gained 80.66 points to 74,569.04, the JSE All Jamaican Composite index rose 90.19 points to close at 82,089.86 and the JSE combined index increased by 91.69 points to close at 76,481.10.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Gleaner finishing with 30,000 shares at 1 cent gain at $1.01, Jamaica Broilers with 2,330 shares changing hands, closed 9 cents higher to $4.10. Jamaica Money Market Brokers ended trading 664,120 ordinary shares and gained 40 cents to $7, Mayberry Investments saw trading in 230,000 units to close with a gain of 2 cents at $1.52, Pan Jamaican Investment ended with 3,000 shares rising 24 cents to $50.50 Sagicor Group closed with 183,270 units and put on 1 cent to $10 and Scotia Group finished trading with 269,756 shares at 30 cents higher at $19.70.
Firm| Stocks in the main market to close without a change in the last traded price are, Grace Kennedy with 12,394 shares to end at $60.50, Kingston Wharves with 23,000 shares at $6. Proven Investments had 7,097 ordinary shares, changing hands at 17.50 US cents and Sterling Investments concluded trading with 30,000 shares changing hands, to close at $134.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Cable & Wireless ended with 198,271 units as the price slipped 7 cents to 43 cents, Caribbean Cement closed with 2,500 shares trading 14 cents higher to $2.26, Margaritaville ended with 200 units, the price slipped 1 US cent to a 52 weeks, low of 10 US cents and National Commercial Bank closed with 978,842 shares trading, but lost 5 cents to $19.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 273,624 units at $3.
Witco jumps $1.96 as 9 stocks fell on TTSE
West Indian Tobacco closed $1.96 higher to a new 52 weeks high in trading on the Trinidad Stock Exchange, on a day when 16 securities changed hands of which 5 advanced, 9 declined and 2 traded firm, with a total of 997,076 units, valued at $6,925,563.
At the close of the market, the Composite Index rose 1.79 points to close at 1,142.53, the All T&T Index gained 3.42 points to close at 1,964.40 and the Cross Listed Index increased by a mere 0.02 points to end at 42.00.
Gains| Stocks increasing in price at the close are, Grace Kennedy contributed 78,458 shares with a value of $301,244, while gaining just 1 cent to $3.84, Republic Bank with 63 units at closed at $119.97 with a gain of 7 cents. Scotiabank gained 5 cents in trading 80 shares at $58.22, Trinidad Cement with 500 shares closed 2 cents higher, at $2.02 and West Indian Tobacco gained $1.96 to end the day at $121 while trading only 251 shares.
Declines| The stocks declining at the end of trading are, Ansa Merchant Bank traded 1,000 at $39.41 down by 1 cents and Massy Holdings fell 2 cents to close at $68.47.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund with 100,340 shares valued at $2,260,353 closed unchanged at $22.50, Firstcaribbean International with 515,650 shares changing hands for a value of $2,578,250 closed at $5, First Citizens Bank traded 2,663 shares at $36.75. Guardian Holdings traded 1,000 units at $13.50, followed by Jamaica Money Market Brokers with 249,259 shares valued at $112,166, to close at 45 cents, National Commercial Bank with 5,000 shares ended at $1.15, One Caribbean Media added 15,225 shares valued at $382,147, to close at $25.10, Prestige Holdings traded 4,000 units at $9.56 and Sagicor Financial Corporation traded 8,997 shares to close at $6.
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 none with offers that were lower.