National Gas drops 98c on TTSE

October 26, 2015 by

New high for TCL on Monday after strong Q3 results

New high for TCL on Monday after strong Q3 results


Newly listed Trinidad and Tobago NGL traded on the Trinidad and Tobago Stock Exchange on Friday to close at $23 with 69,027 shares valued at $1,604,115 changing hands as the price slipped 98 cents. The stock closed with a bid of $23 to buy 136,181 shares with 1,500 units on offer at $23.48.
Activity on the Stock Exchange, ended with 13 securities trading. At the close, there were 3 stocks closing higher, 5 declining and 5 remained unchanged as a total of 297,852 units, valued at $7,435,092 changed hands.
At the close the Composite Index ending with a fall of 1.03 points at 1,150.13, the All T&T Index declined by 1.15 points to 1,954.51 and the Cross Listed Index fell 0.12 at 45.36
Gains| JMMB Group traded 206,164 units to close at 43 cents after gaining 1 cent, Trinidad Cement closed at $3.30 with 42,325 shares changing hands as the price rose 11 cents to a new 52 weeks’ high of $3.31, the stock closed with the at $3.31 to buy 167,675 shares with no stock being offered for sale and Unilever Caribbean ended with 2,200 shares trading 2 cents up, for a new 52 weeks’ high of $67.29.
losses| Clico Investment Fund closed with 31,483 shares trading, to end at $22.50 after losing 1 cent, National Commercial Bank lost 1 cent in trading 223,595 shares at $1.67, National Flour Mills with 45,001 shares trading, lost 5 cents in closing at $1.91. Point Lisas traded 40,000 shares to close at $3.90, after losing 5 cents and Sagicor Financial Corporation declined by 25 cents with 70,000 shares changing hands, to end at $5.75.
TTSE sum 26-10-15 Firm Trades| Angostura Holdings had 19,921 shares changing hands with the price to close at $14, First Citizens Bank traded 3,870 shares and closed at $35. Guardian Holdings closed with 300 shares changing hands at $13.05, Republic Bank traded 18,175 shares and closed at $112, West Indian Tobacco traded 1,600 shares to close at $126.01.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than the last selling price and 5 stocks with offers that were lower.

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

23 stocks rose on JSE Wednesday

October 21, 2015 by

Pan Jam closed at a 52 weeks' high of $70 on Wednesday.

Pan Jam closed at a 52 weeks’ high of $70 on Wednesday.


 The Jamaica Stock Exchange closed on Wednesday with the All Jamaican Index just under 3,000 points away from the old record 138,917.59 reached on 24th of January 2005. By the close 5 stocks ended trading at 52 weeks’ closing highs and 3 others traded during the day at intraday highs. A total of 23 stocks rose, with 4 declining as 34 securities, total ing 6,445,040 units valued at $52,398,293 changing hands, in all market segments.
The JSE Market Index shot up 1,005.41 points to 122,671.34, the JSE All Jamaican Composite index gained 1,123.61 to end at 136,048.43 and the JSE combined index climbed 915.07, points to end at a new high of 127,267.35.
IC bid-offer Indicator| At the end of trading, in the main and junior JSE Sum 21-10-15markets, the Investor’s Choice bid-offer indicator had a reading of 13 stocks with bids higher than their last selling prices and 3 with offers that were lower.
In trading, Cable and Wireless closed with a gain of 6 cents as 2,942,811 shares changed hands to end at 61 cents, Caribbean Cement gained $1.79 to end at $13.80 for a new 52 weeks’ closing high, with 28,042 shares changing hands. Carreras climbed 50 cents while trading 24,317 shares to end at $52.50, Desnoes & Geddes had 610,451 units changing hands, to close at $30, Grace Kennedy exchanged 31,258 shares at $64.56 to gain 31 cents, Jamaica Broilers rose 46 cents in trading 105,833 shares to close at $8. Jamaica Stock Exchange had 52,325 shares trading at $8.70 to gain 10 cents, JMMB Group gained 45 cents in trading 116,623 shares to close at $9.45, Kingston Wharves traded 21,168 shares and gained 5 cents to close at $9, JSE fn qts 21-10-15 National Commercial Bank closed with a gain of 10 cents with 3,900 shares trading, to end at $31.60. Pan Jamaican jumped $5 in trading 31,149 shares to end at a 52 weeks’ closing high $70, Sagicor Group with 300,003 shares and closed 1 cent higher at $14.02, Salada Foods with 20,780 shares, closed 1 cents down at $8.50, Scotia Group ended with 338,961 shares trading at $26 after rising $1.49. Seprod traded 2,900 shares at $14.96 with a 46 cents gain, Proven Investments ordinary share traded 191,356 units with a gain of 2 cents, to end at all-time high of 25 US cents, Supreme Ventures gained 15 cents and ended at $3.75 with 43,770 units changing hands and Proven Investments Limited 8% preference share exchanged 130,000 units at $5.

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Moderate trading on TTSE

October 21, 2015 by

TTSE build Trinidad and Tobago NGL traded on the Trinidad and Tobago Stock Exchange on Wednesday to close unchanged at $25 with 23,524 shares valued at $588,100, down sharply from the 7,645,914 shares valued at $191,137,391 changing hands on Tuesday. The stock closed with a bid of $24 to buy 10,776 shares with 12,313 units on offer at $24.98
Activity elsewhere on the Stock Exchange, on Wednesday ended with 9 securities trading. At the close, there was 1 stock closing higher, 3 declined and 5 remaining unchanged as a total of 395,045 units traded, valued at $1,770,230.
At the close the Composite Index ending with a fall of 0.04 points at 1,152.50, the All T&T Index gained 0.26 points to 1,958.33 and the Cross Listed Index is down 0.04 to 45.48.
Gains| Trinidad Cement had 28,650 units changing hands at $3.20 with a rise of 4 cents to close at a new 52 weeks’ high.
Losses| Angostura Holdings had 8,237 shares changing hands with the price shedding 1 cent to close at $14, JMMB Group lost 1 cent in trading 300,000 units and closed at 42 cents and First Citizens Bank traded 3,226 shares and closed 1 cent lower at $35.
TTSE sum 21-10-15r Firm Trades| Clico Investment Fund closed with 25,600 shares valued at $576,104 changing hands, to end at $22.51, Grace Kennedy traded 2,500 units to close at $3.60, National Enterprises closed with 1,216 shares trading for $16.72 and Scotiabank ended with 2,092 shares trading to end at $62.50.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than the last selling price and 6 stocks with offers that were lower.

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

JSE gained 13% for week

October 16, 2015 by
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bull The Jamaica Stock Exchange closed on Friday with an increase of 2,717.47 points, on the JSE All Jamaican Composite index to end at 133,725.27, to cap the week with a huge 13 percent increase. The sharp move is due to the price of Desnoes and Geddes (D&G) jumping with a gain of 130 percent to add several thousand points, to the main market indices. The All Jamaican Index is now just over 5,000 points away from the old record of 138,917.59, reached on 24th of January 2005.
A total of 16 stocks rose, with 3 declining as 23 securities, totaling 2,743,449 units valued at $51,084,948 changing hands, in all market segments. A total of 4 stocks ended at new 52 weeks’ closing highs. JSE Sum 16-10-15The JSE Market Index shot up by 2,431.62 points to 120,592.56, and the JSE combined index jumped 2,568.39 points to end at 125,132.75.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 15 stocks with bids higher than their last selling prices and 4 with offers that were lower.
In trading, Cable and Wireless closed with a loss of 1 cent as 81,600 shares changed hands to be at 51 cents, the stock ended with the bid at 57 cents to buy 204,500 shares. Caribbean Cement closed at $12 with 28,000 shares changing hands, Carreras traded 316,500 shares to close at $52.05 to gain 25 cents, D&G closed with 273,694 units changing hands to close at $30 with a gain of 33 cents. Gleaner traded 23,000 shares at $1.73 to gain 3 cents, Jamaica Broilers traded 31,243 shares to close at a new 52 weeks’ high of $8 with a gain of 85 cents,JSE fn qts 16-10-15 Jamaica Stock Exchange had 36,200 shares trading at $8.60, for a rise of 65 cents as the company stands to see increased income, if trading continues to be bullish. JMMB Group traded 35,096 shares closing 50 cents higher at $9. National Commercial Bank closed with a loss of 50 cents with 24,100 shares trading to close at $31.99, Sagicor Group with 11,200 shares closed 50 cents higher at $14.50 for a 52 weeks’ closing high, Scotia Group ended with 114,012 shares trading at $25.20 after gaining 75 cents, Scotia Investments ended at $27.50 with 720,000 shares traded and Seprod traded 30,288 shares at $15 with a 5 cents gain.

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The JSE up strongly on Friday morning

October 16, 2015 by

The Jamaica stock market for the second consecutive morning, is enjoying slow trading with only 15 securities being active at 10.45 ,but the indices have so far climbed quite a bit with all main market indices up by more than 1,000 points. Jamaica Broilers trades at new 52 weeks’ high of $8. Trading accounted for a volume of 1,206,561 units with 6 stocks gaining and 5 declined.
In trading, Carreras exchanged 109,500 shares at $51.99 to gain 19 cents, Jamaica Stock Exchange had 10,000 shares trading at $8.60 for a rise of 65 cents as the company stands to see increased income if trading continues to be bullish. JSE int 16-10-15JMMB Group exchanged 35,096 shares at $8.55 for a small gain, Scotia Investments had 420,000 units changing hands at $27.50, Caribbean Producers traded at $3 with 65,000 shares. Lasco Distributors 109500 shares traded at $2.79, Lasco Financial Services 105,000 shares traded at $2.25, Lasco Manufacturing 198,172 shares traded at $3.50.
The All Jamaican Composite index jumped 1,124.16 points to 132,131.96 JSE Market Index rose 1,005.91 points to 123,570.27, the JSE combined index rose 1,281.46 points to be at 123,840.64 and the junior market index rose 37.15 points to 1,269.32.

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JSE closing in on the 2005 record high

October 15, 2015 by

Carib Cement closed at a new 52 weeks' high of $12

Carib Cement closed at a new 52 weeks’ high of $12

With the Jamaica stock exchange closing on Thursday with a gain of 3,738.93 points on the JSE All Jamaican Composite index to end at 131,007.80 it will only be a matter of days rather than months that the old record 138,917.59 reached on 24th of January 2005, is broken.
The big gains today, owe much to Desnoes and Geddes (D&G) share shooting up 18.5 percent or $3.87 to end at a record $29.67 with 561,514 units trading. D&G closed with just two offers at $30 for 712 units and at $32 for 149 units, the bid is at $28.51 for what appears to be undisclosed amounts. A total of 15 stocks rose, with 6 declining as 29 securities, totaling 3,400,791 units valued at $29,712,197 changing hands, in all market segments. JSE Sum 15-10-15r A total of 5 stocks ending at new 52 weeks’ closing highs. The JSE Market Index shot up by 3,345.63 points to 118,160.94, and the JSE combined index jumped 3,403.29 points to end at 122,564.36.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 13 stocks with bids higher than their last selling prices and 4 with offers that were lower.
In trading, Berger Paints traded 10,000 shares at $2.75 and gained 25 cents, Cable and Wireless closed with a loss of 1 cent as 110,000 shares changed hands to close at 59 cents, Caribbean Cement closed at a new 52 weeks’ high of $12 with 19,451 shares changing hands, as the price gained $2. JSE fn qts 15-10-15Carreras traded 7,670 shares at $51.80 to gain 80 cents, Jamaica Broilers 169,227 shares to close at a new 52 weeks’ high of $7.15 with a gain of 16 cents, the price was up to $7.50 during the trading for a new intraday high.JMMB Group traded 58,858 shares at $8.50, Kingston Wharves lost 25 cents with 12,142 shares changing hands at $8.95. National Commercial Bank closed with a gain of $1.70 with 21,282 shares trading to close at $32.49, Sagicor Group with 5,650 shares closed 84 cents higher at $14 for a 52 weeks’ closing high, Scotia Group ended with 132,265 shares trading at $24.45 after gaining 60 cents and Sterling Investments ended at $13 with 15,000 shares traded.

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

15 up 7 down on Tuesday

October 13, 2015 by

JSE sign shrtpng At the close of trading on the Jamaica stock exchange, there were 15 stocks rising, 7 declining, with 32 securities totalling 7,269,713 units, valued at $48,282,077 changing hands, in all market segments. 1 junior market stock and 1 main market stock ended at new 52 weeks’ closing highs, 1 stock traded at intraday 52 weeks’ low and one at a 52 weeks’ intraday high.
The JSE Market Index lost 530.18 points to 106,123.07, the JSE All Jamaican Composite index fell 592.50 points to 117,554.80 and the JSE combined index declined 247.57 points to end at 111,432.33.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 18 stocks with bids higher than their last selling prices and 4 with offers that were lower and setting up Wednesday for an interesting day of trading.
JSE Sum 13-10-15rIn trading, Cable and Wireless closed with a decline of 8 cents, with 2,196,541 shares changing hands to close at 52 cents, but the price traded up to 60 cents during the day. Caribbean Cement shot up to $10 with 35,038 shares changing hands for a 10 cents increase, Carreras traded 54,715 shares at $50.60. Desnoes and Geddes did not trade but the stock closed with several bids at $19.87 to buy 1,823,929 shares with an offer of 59,126 units at $25, then at $28 with very small volumes. Jamaica Broilers closed at $6.92 with 134,660 shares changing ownership, for a loss of 18 cents, Jamaica Producers gained 10 cents in trading 59,820 shares at $18.60, JMMB Group traded 50,000 shares to close at $8.06 with a loss of $1.44, Kingston Wharves traded at a new high of $7.65 to add 65 cents with 1,238 shares changing hands. National Commercial Bank closed with a small gain with 50,000 shares trading to close at $30.11, the shares of 138 Students Living lost 5 cents in closing at $4.15 with 1,200,000 shares, JSE fn qts 13-10-15the stock traded at an intraday low of $3.90, Pan Jamaican Investments traded 147,199 shares at $61.56 with a gain of 56 cents. Sagicor Group with 586,567 shares closed 14 cents higher at $13.15, Scotia Group ended with 286,773 shares trading at $3.52 after losing 48 cents, Scotia Investments lost 5 cents in ending at $26 while 32,475 shares traded, Seprod traded 19,000 shares at $15 for a gain of $1. Proven Investments traded 143,731 ordinary shares at 21 US cents, Jamaica Money Market Brokers 7.50% preference share traded 105,000 units at $2 and Jamaica Money Market Brokers 8.75% preference share traded 27,000 units at $2.65 for a gain of 8 cents.

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

J$31 offer for D&G shares spikes market

October 7, 2015 by

RED STRIPE factThe main market of the Jamaica Stock Exchange indices jumped on the back of a $1 movement in the price of Desnoes & Geddes in response to an offer by Heineken for approximately J$31 per share for the shares it does not now own. At the close, there were 14 stocks rising, 3 declining with 21 securities totalling 2,920,468 units, valued at $33,633,857 changing hands, in all market segments, and with three junior market stocks ending at new 52 weeks’ closing high.
The main market indices enjoyed a day of decent gains. The JSE Market Index climbed 1,270.20 points to 99,072.69, the JSE All Jamaican Composite indexjumped 1,419.52 points to 109,675.59 and the JSE combined index jumped 1,316.98 to end at 102,980.98 points.
JSE Sum 7-10-15 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 16 stocks with bids higher than their last selling prices and 4 with offers that were lower.
In trading, Cable and Wireless added 1 cent with 8,000 shares changing hands to close at 51 cents, Carreras traded 70,682 shares to close $1.25 higher at $50.25, Desnoes and Geddes (D&G) traded just 3,000 shares to close at $8, after gaining $1. The D&G stock closed with a bid of $9.20 to buy the stock Jamaica Broilers closed at $6.50 with 29,188 shares changing ownership while gaining 41 cents, JMMB Group is worth watching having traded just 7,850 shares at $7.65 with a 1 cent gain but closed with the .JSE fn qts 7-10-15bid at $7.80 to buy 468,490 units with the closest amount offered being 51,500 shares at $8.50, the next amount offered is 9,171 units at $9.50. Kingston Wharves ended with a gain of 38 cents, to close at $7 with 301,000 shares changing hands. Sagicor Group with 1,659,265 shares trading, closed at $13.05, with a 5 cents rise, Scotia Group added 10 cents in ending at $24 while 164,793 shares traded and Proven Investments lost 2 cents with 25,000 units changing hands to close at 20 US cents.

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3 TTSE stocks down none up

October 5, 2015 by

TTSE build Trading on the Trinidad & Tobago Stock Exchange on Monday ended with 10 securities trading, none closed trading higher, 3 declined and 7 remained unchanged as a total of 726,330 units traded, valued at $8,967,357.
At the close the Composite Index ending with a modest loss of 0.81 at 1,146.32, the All T&T Index lost 1.61 to 1,948.42 and the Cross Listed Index was unchanged at 45.16.
Losses| ANSA McAL contributed 760 shares in trading, to close at $67.05 after losing 21 cents, National Enterprises contributed 27,273 shares with a value of $460,803 while losing 6 cents to end at $16.89 for a 52 weeks’ low and National Flour ended trading with 13,770 shares changing hands and closed at $1.90, after shedding 8 cents.
Firm Trades| Ansa Merchant Bank traded 707 units at $38.94, Clico Investment Fund with 150 shares changing hands to closed at $22.50, TTSE sum 5-10-15First Citizens Bank traded 3,120 shares to close at $35, Flavorite Foods traded 700 shares at $4.80. JMMB Group closed with 324,827 shares changing hands at 43 cents, One Caribbean Media traded 351,292 shares with a value of $7,728,424 with the price ending at $22 and Republic Bank with 3,731 shares changing hands for a value of $417,872 closed at $112.
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 6 stocks with offers that were lower.

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

Strong jump in JSE on Thursday

October 1, 2015 by

stocksThe Jamaica Stock Exchange saw continued low trading activity on Thursday. At the close, there were 14 stocks rising, 9 declining with 29 securities totalling 4,929,890 units, valued at $167,356,630 changing hands, in all market segments.
The main market indices suffered declines with the JSE Market Index rose 1,645.04 points to 97,969.63, the JSE All Jamaican Composite index jumped 1,838.44 points to 108,442.87 and the JSE combined index gained 1,604.63 to end at 101,303.35 points.
JSE Sum 1-10-15 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 13 stocks with bids higher than their last selling prices and 5 with offers that were lower.
In trading, Berger Paints had 49,048 units changing hands at $2.30, Cable and Wireless gained 2 cents with 609,674 shares changing hands, to close at 52 cents. Carreras traded 11,356 shares with a gain of 10 cents to land at $49, traded 2,039,931 shares at $64, for a fall of 66 cents, Jamaica Broilers traded at $5.80 with 36,585 shares changing ownership and dropping 20 cents. Jamaica Stock Exchange lost 20 cents with 40,000 JSE fn qts 1-10-15shares trading to end at $7.30, JMMB Group traded 50,233 units at $7.64 and gained a cent, National Commercial Bank had 1,078,244 trading between $27.72 and $30 but ended at $28.20, for a gain of 68 cents, Pan Jamaican traded 1,820 shares to close with a gain of 28 cents to $62. with 3,000 shares trading, closed with a loss of 20 cents, to end at $13, Scotia Group lost 5 cents in ending at $23.70 while 13,580 shares traded and Jamaica Money Market Brokers 8.75% preference share close at $2.56 with a gain of 16 cents with 41,500 units changing hands.

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