JSE volume remains low on Friday
Trading volumes remained low on the Jamaica Stock Exchange on Friday even as the active number of securities remain at elevated levels. The market closed with 35 securities changing hands, accounting for just 3,475,337 units valued at $40,616,397, in all market segments. The junior market had 2,388,762 shares valued at $2,388,762 trading.
Investors pushed the price of 13 stocks in the overall market up, 13 down, including 3 stocks rising and 4 declining, from the junior market. The JSE Market Index moved down by 192.18 points to end at 153,690.27. The all Jamaica Composite Index declined by 214.93 points to close at 170,713.62 and the JSE combined index slipped 54.76 points, to close at 164,532.54.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 18 stocks with bids higher than their last selling prices and 5 with lower offers.
At the end of market activities, Berger Paints traded with 4,500 shares to close at $4.38, Cable & Wireless fell 5 cents and closed at $1.28 after trading 143,757 units, Carreras dropped $1.49 with 20,051 units trading to close at $64.51, Grace Kennedy traded 100 units to gain $1 and closed at $90. Hardware and Lumber jumped $3.50 to end at $16 as 500 shares changed hands, Jamaica Broilers closed with a fall of 43 cents at $14.21 while trading 3,664 shares, Jamaica Producers traded 10,000 shares at $35, Margaritaville Turks traded 531,220 to end at 20 US cents. National Commercial Bank traded 37,465 shares, to close with a fall of 19 cents at $39.80. Pan Jamaican Investment climbed back $1.70 to close trading at $122.70 but with just 400 shares changing hands, Radio Jamaica rose 3 cents in trading 70,612 shares at $1.30, Sagicor Group ended with 71,400 shares changing hands, fell 20 cents, to end at $22.30. Scotia Group closed with a fall of $2.70 to end at $30 while 81,365 units changed hands, Scotia Investments fell $1.09 to $25 with 12,880 shares changing hands, Sterling Investments lost 92 cents and closed at $11.98 with 24,800 shares trading. Supreme Ventures closed at $5 with 16,339 shares changing hands, after falling 29 cents and Proven Investments traded with a gain of 2 US cents to 20 US cents with 49,000 shares trading.
Sharp dip in JSE volume on Thursday
Investors pushed the price of 16 stocks in the overall market up, 11 down, including 3 stocks rising and 4 declining, from the junior market. The JSE Market Index moved up 13.42 points to end at 153,882.45. The all Jamaica Composite Index rose 15.01 points to close at 170,928.55 and the JSE combined index gained 44.21 points, to close at 164,532.54.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 12 stocks with bids higher than their last selling prices and 10 with lower offers.
At the end of market activities, Barita Investments ended with 20,617 units trading, to close at $3.05, with a fall of 45 cents, Berger Paints rose 10 cents with 5,389 shares to close at $4.38, Cable & Wireless gained 7 cents and closed at $1.33 after trading 227,698 units, Caribbean Cement traded 3,800 shares to close at $26. Carreras jumped $1.99 with 300 units trading to close at $66, Grace Kennedy traded 18,430 units to gain 90 cents and closed at $89, the price of 1834 Investments declined by 3 cents in trading 34,839 units to close at 99 cents, Jamaica Broilers closed with a rise of 14 cents at $14.64 while trading 13,182 shares. Jamaica Producers traded 2,000 shares at $35, Kingston Wharves loss 13 cents in trading 4,000 stock unit at $11.52, Margaritaville Turks traded just 200 shares and gained 2.5 cents to end at a record 20 US cents, National Commercial Bank traded 10,108 shares, to close with a rise of 14 cents at $39.99. Pan Jamaican Investment pulled back $3.94 to close trading at $121 with 3,969 shares changing hands, Radio Jamaica rose 15 cents in trading 33,600 shares at $1.27, Sagicor Group ended with 201,084 shares changing hands, and gained 30 cents, to end at $22.50. Scotia Group closed with a gain of $1.70 to end at $32.70 while 20,246 units changed hands, Seprod lost 50 cents and closed at $17.50 with 21,667 shares trading, Supreme Ventures closed at $5.39 with 41,000 shares changing hands after rising 59 cents and Proven Investments traded at 18 US cents with 21,329 shares.
5 new 52 weeks’ lows for TTSE – Thursday
The Composite Index declined by 1.95 points to close at 1,106.32, the All T&T Index declined by 4.54 points to close at 1,758.40 and the Cross Listed Index advanced by 0.09 points at 60.39.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 4 stocks with bids higher than their last selling prices and 5 with offers that were lower.
Gains| Firstcaribbean International Bank traded 125,000 shares with a value of $820,000 and gained 5 cents to end at $6.56, followed by Grace Kennedy with 31,603 units at $5.25, after rising 5 cents and Trinidad and Tobago NGL rose by 10 cents and traded 4,185 units to close at $20.10.
Losses| Angostura Holdings dropped 49 cents in trading 1,600 units at a 52 weeks’ low of $12.50, First Citizens Bank declined by 37 cents to a 52 weeks’ low of $29.50 as 445 units changed hands, Guardian Holdings lost 1 cent and closed with 937 shares changing hands at $13. JMMB Group fell 5 cents and closed at 60 cents, with 271,023 shares changing hands, Massy Holdings lost 92 cents in trading 520 shares at a 52 weeks’ low of $48, Prestige Holdings had 1,363 shares trading and fell 8 cents to $11.30. Scotiabank closed with 55 shares changing hands with a loss of 4 cents, to end at a 52 weeks’ low of $53.91 and Unilever Caribbean lost 1 cent in trading 88 shares, to close to at a 52 week’ low of $64.94.
Firm Trades| Clico Investment Fund traded 88 shares valued at shares to close at $22.61, Guardian Media traded 1,475 shares with the price remaining at $19.75, One Caribbean Media traded 200,000 shares valued $4,258,000 and closed at $21.29. Praetorian Property Mutual Fund contributed 26,948 shares to end at $2.70, Sagicor Financial closed with 3,888 units changing hands at $7.17 and Trinidad Cement contributed 2,603 shares to close at $3.50.
138SL dominates – Wednesday
Investors pushed the price of 16 stocks in the overall market up, 11 down, including 8 stocks rising and 4 declining, from the junior market. The JSE Market Index moved up 445.09 points to end at 153,869.03. The all Jamaica Composite Index rose 497.77 points to close at 170,913.54 and the JSE combined index gained 233.84 points, to close at 164,488.33.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 14 stocks with bids higher than their last selling prices and 6 with lower offers.
At the end of market activities, Cable & Wireless reacted negatively to news that there is no planned buy out of local shareholders and lost 16 cents and closed at $1.26 after trading 431,515 units, Caribbean Cement traded 621,000 shares to close at $26, Carreras traded 111,082 units with the price rising 41 cents to close at $64.01. Grace Kennedy rose 10 cents with 69,224 shares trading to close at $88.10, the price of 1834 Investments rose by 2 cents in trading 28,349 units to close at $1.02, Jamaica Broilers closed with a fall of 15 cents at $14.50 while trading 13,760 shares. Jamaica Producers traded 43,641 shares at $35, JMMB Group traded 7,330 shares at $9.80, for a 10 cents loss. Kingston Wharves traded 60,957 at $11.65, Mayberry Investments traded 61,305 shares at $3.99 after falling by a cent, National Commercial Bank traded 80,771 shares, to close with a rise of 10 cents at $39.85. Pan Jamaican Investment pulled back 6 cents to close trading at $124.94 with 25,981 shares changing hands, Radio Jamaica rose 2 cents in trading 11,920 shares at $1.12, Sagicor Group ended with 172,274 shares changing hands, but fell 80 cents, to end at $22.20. Scotia Group closed with a gain of $1 to end at $31 while 16,216 units changed hands, Supreme Ventures closed at $4.70 with 50,959 shares trading after rising 5 cents, Jamaica Money Market Brokers 7.5% preference share ended with 45,500 units trading at $2.11 after falling by 3 cents.
Fall resumes for TTSE – Wednesday
The Composite Index declined by 0.12 points to close at 1,108.37, the All T&T Index declined by 0.29 points to close at 1,762.94 and the Cross Listed Index advanced by 0.01 points at 60.30.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 7 stocks with the bid higher than the last selling prices and 6 with offers that were lower.
Gains| Sagicor Financial closed with 4,293 units changing hands at $7.17 for a 2 cents gain.
Losses| Clico Investment Fund traded 13,336 shares valued at shares $301,610 to close with a loss of 4 cent to close at $22.61, First Citizens Bank fell 5 cents to a 52 week’ low of $29.85, with 6,415 shares changing hands. National Enterprises lost 1 cent in trading 5,000 units at $11.22, One Caribbean Media traded 68,500 shares valued $1,458,365 but declined by 1 cent to $21.29 and Unilever Caribbean lost 5 cents in trading 142 shares, to close to at a 52 week’ low of $64.95.
Firm Trades| Guardian Holdings closed with 140,400 shares changing hands for a value of $1,826,604 to end at $13.01. JMMB Group closed at 65 cents, with 5,358 shares changing hands, National Commercial Bank traded 19,172 shares at $2.35, National Flour closed at $2.20 with 500 shares changing hands, Trinidad and Tobago NGL traded 22,590 units valued at $451,869 to close at $20 and Trinidad Cement contributed 50,000 shares with a value of $175,030 to close at $3.50.
Falling prices resume on TTSE – Tuesday
Prices mostly slipped in trading on Tuesday as more securities were active in trading than on Monday. The market closed with 14 active securities changing hands and ended with 1 stock rising, 4 declining while 9 remaining unchanged, as 405,952 shares valued at $3,302,930 changed hands. The market ended with 2 stocks closing at 52 weeks’ lows.
The Composite Index inched down by 0.49 points to close at 1,108.39, the All T&T Index declined by 0.98 points to close at 1,763.23 and the Cross Listed Index remained at 60.29.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 stocks with the bid higher than the last selling prices and 7 with offers that were lower.
Gains| Guardian Holdings lead with 135,215 shares changing hands for a value of $1,761,417 and gained 1 cents to end at $13.03.
Losses| First Citizens Bank fell 10 cents to a 52 week’ low of $29.90, with 5,000 changing hands, One Caribbean Media traded 1,000 shares but declined by 17 cents to $21.30. Point Lisas lost 12 cents in trading 10,988 shares, to close at $3.82 and Scotiabank ended with just 18 units trading at a new 52 weeks’ low of $53.95 after shedding 5 cents.
Firm Trades| Clico Investment Fund traded 18,217 shares valued at $411,755 to close at $22.60, Firstcaribbean International Bank closed at $6.51 with 475 shares traded, JMMB Group closed at 65 cents, with 64,427 shares changing hands, National Commercial Bank traded 80,828 shares to end at $2.35. National flour closed at $2.20 as 10,357 shares changed hands, Sagicor Financial closed with 8,760 units changing hands at $7.15, Praetorian Property Mutual Fund traded 50,000 units at $2.70, Trinidad and Tobago NGL traded 20,222 units valued at $404,440 to close at $20 and West Indian Tobacco traded 445 shares to close at $126.36.
TTSE goes slightly higher on Monday
The market closed with 9 active securities changing hands on Monday and ended with 4 stocks rising, 2 declining while 3 remaining unchanged on Monday, as 233,334 shares valued at $1,259,743 changed hands.
The Composite Index inched up 0.35 points to close at 1,108.88, the All T&T Index gained 1.08 points to close at 1,764.21 and the Cross Listed Index fell 0.05 points to 60.29.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 stocks with the bid higher than the last selling prices and 8 with offers that were lower. The indicators are pointing to more losses for the market, with the prices of some large capitalized stocks set for further declines with offers at or below the last traded prices and bids for a small number of shares which are in some instances some distance from the last traded prices.
Gains| Grace Kennedy rose 5 cents and closed with 2,000 shares trading at $5.20, JMMB Group rose 5 cents to close at 52 weeks’ high of 65 cents, with 105,324 shares changing hands. Sagicor Financial closed with 32,000 units changing hands at $7.15, after rising 2 cents and Trinidad Cement traded at $3.50 with 600 units changing hands to gain 15 cents.
Losses| Massy Holdings traded 1,600 shares but lost 3 cents to close at a 52 weeks’ low of $48.92, the stock closed with the offer at just $48 and National Commercial Bank traded 10,000 shares but lost 5 cents to end at $2.35.
Firm Trades| Clico Investment Fund traded 63,571 shares valued at $1,436,883 to close at $22.60, Praetorian Property Mutual Fund traded 50,000 units at $2.70 and Trinidad and Tobago NGL traded 1,750 units to close at $20.