Stocks most fell at the close of trading on main market of the Jamaica Stock Exchange on Monday but with declining stocks outnumbered advancing ones after Scotia Group closed down $5 to $55 ahead of third quarter results this week.
The fall contributed by Scotia Group based on an average traded price of $55.52 was offset by average gains in the prices of JMMB Group and NCB Financial Group.
At the close of the market the volume of stocks changing hands and their last traded price are: Berger Paints that closed 65 cents lower to $11.50 with 49,098 shares, Cable and Wireless ending with a loss of 15 cents at $1.05 with 205,600 units, Caribbean Cement exchanged 2,850 stock units at $30, Carreras closed at $108 with 22,233 stocks trading, Grace Kennedy with a loss of 50 cents, closed at $41.50 with 950 shares. Jamaica Broilers closed at $17.20, trading 30 cents lower with 7,860 units, Jamaica Producers closed at $14.90, losing 10 cents with 2,105 shares, Jamaica Stock Exchange gained 21 cents to close at $6.49 exchanging 800,513 stocks, JMMB Group closed at $21.50 with 24,941 stock units. Kingston Wharves rose 30 cents to $30.80 with 7,420 shares, Mayberry Investments gained 4 cents to $4.50 with 16,200 stock units, NCB Financial Group traded 63,952 shares at $90,1834 Investmentslost 6 cents, closing at $1.34 with 50,496 units. PanJam Investment added 35 cents to close at $33.85 with 18,041 shares, Pulse Investments fell 3 cents to close at $1.82 with 7,245 units, Radio Jamaica closed at $1.20 after losing 5 cents in exchanging 350,693 shares. Sagicor Group traded 25 cents lower to $33 with 23,198 stock units, Sagicor Real Estate Fund advanced $1.45 to $12.05 with 639 stocks trading, Salada Foods traded 1,000 shares at $8.50, Scotia Group closed $5 lower to $55 with 59,365 stock units, Scotia Investments gained 30 cents to close at $37.30 with 1,830,050 shares, Seprod declined $1.90, closing at $28 with 560,300 stocks changing hands, Sterling Investments closed at $12 with 511,200 shares and Supreme Ventures ended with a loss of 20 cents at $10.80 with 106,855 units. Proven Investments US ordinary share gained 0.99 US cent to close at 23 US cents trading 15,750 units, Productive Business Solution US ordinary share closed at 60 US cents with 1,000 units exchanged, Jamaica Money Market Brokers 7.25% preference share lost 1 cent, closing at $2.50 with 2,272 units and Jamaica Money Market Brokers 7.5% preference share exchanged 1,500 units at $2.
TTSE inched upwards on Friday
Trading fell off on the Trinidad & Tobago Stock Exchange on Friday as 11 securities changed hands compared to 14 on Thursday with all three indices rising modestly. Guardian Holdings and Clico Investment led with 51 percent and 37 percent respectively of the value of securities exchanged.
At the close, 2 stocks advanced, 3 declined and 6 were unchanged as 459,886 units traded valued at $6,474,935 compared to Thursday’s trades of 478,341 valued at $14,743,320.
The Composite Index rose 0.26 points to 1,241.95, the All T&T Index gained 0.19 points to 1,789.05 and the Cross Listed Index gained 0.05 points to close at 93.33.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 3 with lower offers.
Gains| Angostura Holdings closed trading at $15.15 after the price rose 15 cents, with 594 shares changing hands and Massy Holdings gained 3 cents in closing at $8.95 trading 300 shares.
Losses| The last traded prices of securities declining and the volume changing hands are Guardian Holdings with a loss of 5 cents, to close at $16.55 with 198,091 shares valued at $3,278,320. JMMB Group fell 1 cent and closed at $1.30 with 104,216 shares and Republic Financial Holdings closed 2 cents lower to $101.90 with 1,537 shares.
Firm Trades| The last traded prices of securities and the volume traded unchanged at the close are Clico Investment closing at $20.50 with 118,036 shares valued at $2,418,889, First Citizens trading 5,105 units at $31.68. National Enterprises closed at $10.48 with 10,010 shares, Sagicor Financial remained at $8.50 with 21,429 shares, Trinidad Cement traded just 68 shares at $4.20 and Trinidad & Tobago NGL exchanged 500 shares at $22.01.
Scotiabank dominates in Trinidad
Activity on the Trinidad & Tobago Stock Exchange on Wednesday resulted in 15 securities changing hands compared to 16 on Tuesday with all indices recording gains. Scotiabank was the lead trade with 68 percent of the value of securities traded.
At the close, 4 stocks advanced, 2 declined and 9 were unchanged as a mere 270,045 shares traded at a value of $9,569,576 compared to Tuesday’s trades of 1,180,284 units valued at $18,912,930.
The Composite Index gained 0.43 points to 1,241.97, the All T&T Index gained 0.46 points to 1,789.42 and the Cross Listed Index added 0.05 points to 93.28 points.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 4 with lower offers.
Gains| The last traded prices of securities rising and the volume changing hands are JMMB Group with a gain of 1 cent and closed at $1.31 with 8,210 shares, National Enterprises closed at $10.48, with a 1 cent gain trading 148 units, Scotiabank closed 7 cents higher to $58.10 with 111,430 shares valued at $6,474,077, and Trinidad & Tobago NGL ended with a gain of 1 cent, in closing at $22.01 with 9,598 shares.
Losses| Clico Investment slumped to a 52 weeks’ low of $20.59, having lost 1 cent to close at $20.50 with 63,948 shares valued at $1,314,018 changing hands and Republic Financial Holdings traded 1 cent lower to $101.90 with 1,246 shares.
Firm Trades| The last traded prices and volume of securities traded unchanged at the close of trading are Ansa Merchant Bank closed at $40 with 400 shares, First Citizens exchanged 12,130 shares at $31.68 valued at $384,341, First Caribbean International traded 30,333 shares at $8, Grace Kennedy closed at $2.85 with 9,413 shares. Guardian Holdings remained at $16.60 with 9,059 shares, Massy Holdings held firm at $48.92 with 12,065 shares, One Caribbean Media exchanged 500 shares at $14.50, Prestige Holdings closed at $10.65 with 50 shares and Sagicor Financial ended the day at $8.50 with 1,515 units changing hands.
Trading jumps sharply on TTSE – Tuesday
Trading picked up strongly on the Trinidad & Tobago Stock Exchange on Tuesday as 16 securities changed hands compared to 13 on Monday leading to 1,180,284 units valued at $18,912,930.
Monday’s trading resulted in only 147,790 units valued at $1,500,893. On Tuesday trading was dominated by Massy Holdings with 55 percent of the value of stocks that traded followed by Sagicor Financial with 20 percent as 6 stocks advanced, 3 declining and 7 remained unchanged.
The Composite Index rose 1.45 points to 1,241.54, the All T&T Index gained 0.04 points to 1,788.96 and the Cross Listed Index added 0.39 points to 93.23 points.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 4 with lower offers.
Gains| The last traded prices of the securities rising and the volume changing hands are Agostini’s gaining 50 cents to close at a 52 weeks’ high of $20.51 with 1,621 shares, First Citizens closed at $31.68, with a 1 cent gain in trading 7,969 shares, NCB Financial Group closed 5 cents and closed back at a recent 52 weeks’ high of $5.05 with 180,000 shares valued at $907,000. Republic Financial Holdings ended with a gain of 1 cent, in closing at $101.91 with 55 shares, Sagicor Financial advanced 20 cents to $8.50 with 452,106 shares valued at $3,840,314 and Scotiabank traded 2,575 shares at $58.03, having gained 1 cent.
Losses| The last traded prices of securities declining with volume changing hands are Ansa McAL trading 20 cents lower to $65.80 with 1,000 shares, JMMB Group with a loss of 1 cent to close at $1.30 with 1,930 shares and West Indian Tobacco with a loss of 2 cents, closed at a 52 weeks’ low of $125.47 with 490 shares.
Firm Trades| The last traded prices of securities remaining unchanged and the volume trading are Clico Investments that closed at $20.60 with 27,562 shares valued at $567,761, First Caribbean International exchanged 154,417 shares at $8 valued at $1,235,336, Grace Kennedy traded 51,000 shares at $2.85. Massy Holdings held firm at $48.92 with 211,025 shares valued at $10,323,313, Prestige Holdings closed at $10.65 with 2,739 shares, Scotia Investments remained at $2.20 with 30,000 shares and Trinidad & Tobago NGL exchanged 55,795 shares at $22 valued at $1,227,490.