Tuesday’s activity on the Jamaica Stock Exchange, resulted in the prices of 4 stocks rising and 5 declining as 21 securities changed hands, ending in 6,081,391 units trading, valued at $20,841,759, 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 10 stocks with bids higher than their last selling prices and 5 stocks with lower offers.
Main Market| The JSE Market Index gained 534.49 points to 72,446.11, the JSE All Jamaican Composite index rose 597.64 points to 79,716.11 and the JSE combined index gained 462.27 points to close at 74,179.00.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Carreras had 2,492 shares changing hands and gained 10 cents to $34.60, Jamaica Broilers with 9,318 units closed 5 cents higher at $4.20, Kingston Properties climbed 15 cents to $4 with 10,000 shares trading and Sagicor Real Estate Fund close trading with 30,000 units while gaining 10 cents to end at $6.75.
Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless in trading 4,005,306 units to close at 28 cents, Desnoes & Geddes with 42,400 shares to end at $4.95, Jamaica Money Market Brokers with 2,865 ordinary shares trading to close at $7, Margaritaville with 44,200 shares traded to end at 11 us cents, National Commercial Bank had 5,893 units changing hands to close at $17, Pan Jamaican Investment with just 200 shares trading ended at $49.05, Proven Investments with 27,540 units closed at 18 US cents and Sagicor Group exchanged 20,100 shares to close at $9.65.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Grace Kennedy with 7,000 shares to close $1 down at$ 58, Radio Jamaica had 10,516 units changing hands to close with a loss of 2 cents at $1.18, Scotia Group traded with 725,272 shares to end 35 cents lower to end at $19.25 after trading as high as $20.49 and Scotia Investments closed with 1,700 units trading to close with a loss of 60 cents at $21.40.
Preference| Trading picked up in the preference share segment with Jamaica Money Market Brokers 8.75% preference share trading 300,000 units at $3, the Jamaica Money Market Brokers 7.50% preference share trading 576,700 units to close at $2 and Proven Investments 8% preference share trading 172,594 units to end at $5.
4 stocks up 5 down on JSE
JSE starts November positively
In Monday’s activity on the Jamaica Stock Exchange, the prices of 6 stocks rose and 4 declined, as 20 securities changed hands, ending in 513,363 units trading, valued at $5,353,713, in all market segments. The main market had one stock closing with a loss, while the junior market had only one stock gaining.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had 5 stocks with bids higher than their last selling prices and 5 stocks with offers that were lower.
Main Market| The JSE Market Index gained 205.33 points to 71,911.62, the JSE All Jamaican Composite index rose 229.58 points to close at 79,118.47 and the JSE combined index gained 157.17 points to close at 73,716.73.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Caribbean Cement with 6,000 units, gained 25 cents to $2.65, Grace Kennedy added 35,510 shares and gained $1 to end at $59, Kingston Wharves put through 650 shares, increased by 5 cents to close at $5.15, there was activity in Scotia Investments with 5,550 units, as the price increased by 60 cents, to close at $22 and Seprod with 10,850 shares gained 25 cents to close at $11.25.
Firm| The stocks in the main market to close without a change in the last traded prices are, Carreras with 50,174 shares to end at $34.50, Desnoes & Geddes had 1,000 units and closed at $4.95, Jamaica Money Market Brokers with 54,104 ordinary shares ended at $7, Mayberry Investments had 82,358 units trading, and closed at $1.50, National Commercial Bank contributed 2,490 shares to total of stocks trading, and ended at $17, Proven Investments had 1,880 units trading to close at 18 US cents and Sagicor Real Estate Fund 6,300 shares, closed at $6.65.
Declines| Sagicor Group with 27,000 shares traded with a lost 1 cent to end at $9.65 was the only stocks with a loss at the end of trading in the main market.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 32,988 units to close at $3.
Scotiabank bottoms looking up on TTSE
Scotiabank seems to have hit bottom, with good buying coming into the market on the first trading day of November, pushing the price up by a small amount. IC insider has elevated the stock to BUY RATED status. At the close, there was 18,922 units on the bid to buy at $58 and a small volume to sell, at $59.50.
Trading on the Trinidad Stock Exchange ended with 15 securities changing hands, of which 5 advanced, 2 declined and 8 traded firm, ending with a total of 666,624 units, valued at $6,731,903.
At the close of the market, the Composite Index rose 0.73 points to close at 1,146.77, the All T&T Index gained 0.91 points to close at 1,963.23 and the Cross Listed Index fell / increased by 0.07 points to end at 43.29.
Gains| Stocks increasing in price at the close are, Guardian Holdings added 53,950 shares valued at $733,720 to end 9 cents higher at $13.60, Massy Holdings traded 43,706 shares valued at $2,996,483 to close with a gain of 2 cents to end at $68.56, Sagicor Financial Corporation traded 60 shares valued at $6.19 to close with a gain of 14 cents Scotiabank gained 2 cents to $58 while trading 13,544 units valued at $785,552 and seems to have clearly bottomed and West Indian Tobacco gained 23 cents to end the day at $119 while trading 2,425 units.
Declines| The stocks declining at the end of trading are, One Caribbean Media with 367 shares ended at $25.12 after losing a cent and Trinidad Cement with 144,893 shares traded for $289,858 closed at $2 after dropping 3 cents
Firm Trades| Stocks closing with prices unchanged at the end of trading are, ANSA McAL with 685 shares closed unchanged at $66.17, Clico Investment Fund with 13,280 shares valued at $293,488 remained at $22.10, First Citizens Bank traded 13,331 shares to close at $36.75, Grace Kennedy contributed 128,489 shares with a value of $494,680 to end at $3.85, Jamaica Money Market Brokers traded firm at 45 cents after trading 1,038 units, National Commercial Bank with 200,000 shares changing hands for a value of $200,000 and closed at $1, National Enterprises traded 2,056 shares to close unchanged at $17.50 and Scotia Investments closed at $1.40 with 48,800 units changing hands.
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 was lower.
October down, better in November
The Jamaica Stock Exchange, closed October with the prices of 5 stocks rising and 5 declining as 21 securities changed hands, ending in 1,856,647 units trading, valued at only $6,072,425, in all market segments. The market closed out the month slightly lower than it started at, measured by the market indices, but technical indicators as well as fundamentals, point to a better out turn for November.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator showed 13 stocks with bids higher than their last selling prices and 6 stocks with offers that were lower. With Friday being the close of the month, the stronger closing bids are likely engineered by fund managers’ interest in boosting the value of stocks in their portfolios to boost the end of month performance and is worth watching in the coming days.
Main Market| The JSE Market Index lost 98.56 points to 71,706.29 and is down from the 72,238.36 points, September closed at. The JSE All Jamaican Composite index fell 110.21 points to close at 78,888.89 down on the close of September at 79,483.81 and the JSE combined index declined by 95.70 points to close at 73,559.56 compared to 74,034.71 at the end of September.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Ciboney with 100,000 shares trading, rose 1 cent to 8 cents, Desnoes & Geddes traded 36,000 shares, 15 cents higher at $4.95, Grace Kennedy had 21,330 shares changing hands 76 cents higher at $58, Jamaica Broilers exchanged 4,000 shares at $4.15 as the price closed with 5 cents gain and there was dealing in 2,100 Sagicor Group shares to close 1 cent higher to $9.66.
Firm| The stocks in the main market to close without a change in the last traded prices are, Carreras with 10,050 ordinary shares trading closed at $34.50, Gleaner had 80,708 units trading and closed at $1.05, Proven Investments with 3,650 shares at 18 US cents, Salada Foods with 1,000 shares closed at $7.85 and Supreme Ventures 40,800 shares traded to end at $1.70
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Jamaica Money Market Brokers had 7,596 ordinary shares changing hands 5 cents lower at $7, followed by National Commercial Bank with 6,000 units as 30 cents were shed to end at $17 and Scotia Group ended trading with 635 units, 15 cents cheaper at $19.60.
Preference| traded units at Jamaica Money Market Brokers 8.50% preference share traded 11,000 units at $3.43, Jamaica Money Market Brokers 8.75% preference share traded 981,568 units at $3 and Proven Investments 8% preference share traded 9,616 units at $5.
Trading in only 8 main market stocks
Thursday’s activity on the Jamaica Stock Exchange, resulted in the prices of 3 stocks rising and 8 declining as 17 securities changed hands, ending in 3,395,725 units trading, valued at $14,458,959, 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 gained 147.24 points to 71,804.85, the JSE All Jamaican Composite index rose 164.64 points to close at 78,999.10 and the JSE combined index gained 108.17 points, to close at 73,655.26.
Gains| Stocks gaining at the last traded prices, at the end of trading in the main market are, Mayberry Investments with 10,000 shares changing hands, gained 10 cents to $1.50 and Scotia Group trading 411,651 shares as the price gained 64 cents to $19.75.
Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless with 2,297,611 shares closed at 28 cents, followed by Grace Kennedy’s 244 shares at $57.24 and Sagicor Group 20,000 units at $9.65.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Carreras had 11,692 shares trading, with 10 cents fall to $34.50, Jamaica Broilers exchanged 7,661 shares with a loss of 6 cents to $4.10 and National Commercial Bank with 243,752 units closed 65 cents higher at $17.30.
8 up & 9 JSE stocks down Wednesday
Wednesday’s activity on the Jamaica Stock Exchange, resulted in the prices of 8 stocks rising and 9 declining as 24 securities changed hands, ending in 1,412,626 units trading, valued at $4,275,609, 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 5 stocks with bids higher than their last selling prices and 7 with offers that were lower.
Main Market| The JSE Market Index gained 91.59 points to 71,657.61, the JSE All Jamaican Composite index rose 102.42 points to close at 78,834.46 and the JSE combined index gained 91.20 points to close at 73,547.09.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Caribbean Cement with 62,500 shares changing hands, closed 20 cents higher at $2.40, Jamaica Broilers exchanged 12,260 shares, 1 cents higher at $4.16, Jamaica Money Market Brokers with 214 ordinary shares trading, rose 5 cents rise to $7.05, National Commercial Bank saw trading in 19,401 shares as the price ended with a 40 cents gain, to $17.95, Radio Jamaica 27,916 shares ended with the price rising 5 cents to $1.20 and Sagicor Group had 32,554 shares changing hands 5 cents higher at $9.65.
Firm| The stocks in the main market to close without a change in the last traded price are, Carreras with 4,520 shares and closed at $34.60, Mayberry Investments had 2,040 shares trading to end at $1.40, Salada Foods had 20,000 shares trading to close at $7.85, Scotia Group with 21,100 shares changing hands ended at $19.11 and Seprod closed with 114,269 shares at $11.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Cable & Wireless with 174,393 shares, closing a cent lower at 28 cents, Desnoes & Geddes with 50,000 shares, lost 18 cents to $4.80, Gleaner closed with 13,994 units changing hands, 5 cents lower at $1.05, Grace Kennedy with only 240 units, ended down 76 cents to $57.24, Pan Jamaican Investment had only 1,000 active shares, but lost 15 cents to end at $49.05 and Supreme Ventures ended with 3,500 units with a loss of 2 cents at $1.70.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 83,412 units at $3 and Jamaica Money Market Brokers 7.25% preference share traded a mere 970 shares, closed with a cent loss, at $2.49.
5 up 4 down on JSE
Tuesday’s activity on the Jamaica Stock Exchange, resulted in the prices of 5 stocks rising and 4 declining as 20 securities changed hands, ending in 2,144,368 units trading, valued at 12,272,863.83, 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 10 stocks with offers that were lower.
Main Market| The JSE Market Index lost 76.43 points to 71,566.02 the JSE All Jamaican Composite index declined 85.47 points to close at 78,732.04 and the JSE combined index gained declined by 46.84 points to close at 73,455.89.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Jamaica Broilers exchanged 29,600 shares and rose 15 cents to at $4.15, Jamaica Producers with 13,114 shares as the price ended a cent higher at $15.51.
Firm| The stocks in the main market to close without a change in the last traded prices are, Berger Paints had 22,799 shares trading at $1.60, Cable & Wireless with 40,855 shares changing hands ended at 29 cents, Jamaica Money Market Brokers had 15,100 ordinary shares changing hands at $7, National Commercial Bank with 422,293 shares traded at $17.55, Proven Investments had 7,000 units to close at 18 US cents, Sagicor Group 7,084 shares closed at $9.60 after trading as high as $10 earlier in the day, Sagicor Real Estate Fund with 16,000 units closed at $6.65, Scotia Investments with 555 shares at $21.40 and recently listed Sterling Investments with 100 shares changing hands, closed at $134.
Declines| The only stock with losing at the end of trading in the main market is, Scotia Group with 52,894 shares to close with a loss of 29 cents at $19.11.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 691,050 units at $3 and Proven Investments 8% preference share traded 6,000 units at $5.
Lousy Monday trading on JSE
Monday’s activity on the Jamaica Stock Exchange, sank to a low level with only 526,642 units trading, valued at just $2,883,385, in all market segments. At the close the prices of 5 stocks rose and 9 declined as 21 securities changed hands.
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 7 stocks with offers that were lower.
Main Market| The JSE Market Index fell 23.45 points to 71,642.45, the JSE All Jamaican Composite index declined 26.22 points to close at 78,817.51 and the JSE combined index dipped 65.01 points to close at 73,502.73.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Carreras with 17,100 shares trading, gained 10 cents to $34.60, Desnoes & Geddes rose 28 cents to $4.98 in trading 1,000 shares, Grace Kennedy exchanged 9,580 shares at $58, rising by 5 cents and Sagicor Group had 9,850 shares changing hands, 10 cents higher to $9.60.
Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless with 11,500 units at 29 cents, Ciboney’s 211,200 shares traded to close at 7 cents, Jamaica Broilers 7,200 units at $4, Mayberry Investments with 12,550 shares closed at $1.40, Proven Investments with 16,950 shares ended at 18 US cents and Radio Jamaica had 2,040 units changing hands at $1.15.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Kingston Wharves with 1,230 ordinary shares traded 40 cents lower at $5.10, National Commercial Bank closed with 5,850 units trading after slipping 25 cents to $17.55, followed by Pan Jamaican with 2,000 shares, and closed down 80 cents at $49.20, Sagicor Real Estate Fund traded 3,000 shares, and closed with a loss 35 cents at $6.65 and Scotia Group had 35,184 shares changing hands and ended 10 cents lower at $19.40.
Preference| Jamaica Money Market Brokers 7.50% preference share traded 5,000 units at $2.
Scotiabank drops set for more decline
In trading on the Trinidad Stock Exchange on Friday, Scotiabank drops to $58, with continuing selling pressure at the end of trading that seems set to push the price down further. At the close of the market 15 securities changed hands, of which 5 advanced, 4 declined and 6 traded firm, ending with a total of 378,604 units rading, valued at $12,047,355.
At the conclusion of trading, the Composite Index lost 0.79 points to close at 1,147.65, the All T&T Index fell by 1.50 points to close at 1,964.33 and the Cross Listed Index fell by a mere 0.01 points to end at 43.38.
Gains| Stocks increasing in price at the close are, Angostura Holdings that traded 400 shares, closed with a gain of 4 cents to end at $12.55, Ansa Merchant Bank traded 78 units while adding a cent to close at new 52 weeks’ high of $39.41, Massy Holdings traded 23,613 shares valued at $1,618,907 to close with a gain of 1 cent at $68.56. Sagicor Financial Corporation with 100,000 shares changing hands for a value of $624,295 and ended up 5 cents at $6.25 and West Indian Tobacco gained 18 cents to end the day at $118.50 with 1,500 shares.
Declines| The stocks declining at the end of trading are, Point Lisas Industrial Port Development with 119 units, closed a cent lower at $4, while Republic Bank added 30,000 shares valued at $3,636,000 to close at $121.20 with a 5 cents decline, Scotiabank dropped 49 cents to close at a new 52 weeks’ low of $58, Scotia Investments traded 18,000 units to close 5 cents lower at $1.40.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, ANSA McAL with a volume of 50,000 shares being traded for $3,307,500 to close at $66.15, Clico Investment Fund with 82,431 shares valued at $1,821,725 ended at $22.10, First Citizens Bank traded 3,188 shares to close at $36.76, Guardian Holdings traded 20,000 shares at $13.50, Grace Kennedy with 12,765 units closed at $3.85 and Jamaica Money Market Brokers contributed 30,000 shares to end at 45 cents.
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 2 stocks with offers that were lower.
Trading picks up 12 stocks rise
Grace gained $1.34 to close at $57.95 on Friday
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 7 stocks with offers that were lower, suggesting fluidity in price movements in the short term.
Main Market| The JSE Market Index gained 114.23 points to 71,665.90, the JSE All Jamaican Composite index rose 127.73 points to close at 78,843.73 and the JSE combined index was up by only 45.79 points, to close at 73,567.74 as the junior market index fell.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Carreras with 105,570 shares trading, rose 16 cents to $34.50, Caribbean Cement with 1,500 shares, closed 7 cents higher at $2.20, Gleaner had 3,900 shares changing hands, 5 cents greater at $1.10, Grace Kennedy put through 2,900 units with a gain of $1.34 to $57.95, Mayberry Investments with 2,453,103 shares, was up 4 cents at $1.40, Pan Jamaican Investment closed higher at $50 with 69,616 units, to gain 90 cents, Sagicor Real Estate Fund 7,800 shares traded 40 cents up to $7, Seprod had 50,000 units being active and added 5 cents to $11 and Supreme Ventures had only 2,000 shares changing hands, 12 cents higher at $1.72.
Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless having 38,861 shares changing hands at 29 cents, Jamaica Money Market Brokers with 25,300 ordinary shares, closed at $7, Kingston Wharves with 450 shares, ended at $5.50, Proven Investments traded 24,460 ordinary shares and ended at 18 US cents and Scotia Group with 22,534 shares closed at $19.50.Declines| The last traded prices of stocks with losses at the close of the main market are, Desnoes & Geddes trading 5,570,641 shares at $4.70, after slipping 9 cents, National Commercial Bank saw trading in 45,159 shares as the price ended 19 cents down at $17.80 and Sagicor Group with 465,779 units, fell 5 cents to close at $9.50.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 2,332,279 units 2 cents up to $3, the Jamaica Money Market Brokers 7.50% preference share traded 718,300 units at $2, Jamaica Public Service 9.5% preference share traded 200 units at $1,006.10 and Proven Investments 8% preference share traded 1,800 units at $5.
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