Moderate price changes on TTSE
At the close of the market, the Composite Index rose 1.06 points to close at 1,152.40, the All T&T Index rose 0.76 points to close at 1,966.81 and the Cross Listed Index increased by a 19 points to close at 44.32.
Gains| Stocks increasing in price at the close are, Firstcaribbean International Bank which gained just 1 cent in trading 2,000 units at $5.01. First Citizens Bank traded 3,876 shares closed with a gain of 5 cents, JMMB Group with 483,729 shares changing hands for a value of $241,835 and closed at 50 cents, after gaining 5 cents. Scotiabank gained 16 cents to end at $62.50 while trading 720 shares and West Indian Tobacco traded 432 shares to close with a gain of 2 cents to end at $125.16.
Declines| The stocks declining at the end of trading are, Agostini’s traded 796 units, lost 3 cents to end at $17.25 and ANSA Merchant Bank fell 5 cents to close at $38.90 while trading 200 shares.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund traded 43,160 shares valued at $973,258 and remained at $22.55. Grace Kennedy contributed 5,050 shares at $3.49, Guardian Media added 11,414 shares valued at $225,541 and closed at $19.76while National Flour Mills closed at $1.60 with 300 units traded. National Enterprises traded 119 shares to close at $17.30 followed by One Caribbean Media with 47,320 shares traded at $22.30 for a value of $1,055,236, Republic Bank traded 11,113 shares valued at $1,279,950 to end at $115. Sagicor Financial Corporation contributed 45,142 shares with a value of $266,337.80, while trading at $5.90 and Trinidad Cement with 1,821 shares traded at $2.75.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator shows 6 stocks with the bid higher than their last selling prices and just 1 with the offer that was lower.
5 stocks gained on TTSE
Trading on the Trinidad Stock Exchange remains moderate but ended with 9 securities changing hands of which 5 advanced, none declined and 4 traded firm, with a total of 71,360 units, valued at $1,185,423.
At the close of the market, the Composite Index advanced by 0.59 points to 1,152.56, the All T&T Index rose 0.49 points to close at 1,968.41 and the Cross Listed Index increased by 0.09 points to close at 44.14.
Gains| Stocks increasing in price at the close are, Clico Investment Fund traded 7,480 shares valued at $168,674 with the price rising 1 cent to $22.56. First Citizens Bank traded just 33 shares to close at $35.69, up 1 cent. JMMB Group with 30,000 shares changing hands, closed 1 cent higher at 47 cents, Point Lisa traded 1,100 units to close 9 cents higher at $3.69, but the bid closed at $3.75 to buy 155,625 shares and Unilever had 140 units trading at $66.09 to gain 1 cent, for a new 52 weeks’ high.
Declines| No stocks declined at the end of trading on Tuesday.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, National Enterprises contributing just 10 shares at $17.30 while Praetorian Property Mutual Fund traded just 2,000 shares at $3.10, Sagicor Financial Corporation traded 11,000 shares at $5.90 and Scotiabank traded 4,500 shares valued at $280,485 to close at $62.33.
National Commercial Bank did not traded but closed with a bid of $1.50, the same price as the last sale to buy 24,859 units at $1.50.
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 4 stocks with offers that were lower.
No decline Monday on TTSE
Trading on the Trinidad Stock Exchange remains moderate, but ended with 11 securities changing hands, of which 4 advanced, none declined and 6 traded firm, with a total of 495,879 units, valued at $1,443,300.
At the close of the market, the Composite Index advanced by 1.11 points to 1,151.97, the All T&T Index rose 1.54 points to close at 1,967.92 and the Cross Listed Index increased by 0.09 points to close at 44.05.
Gains| Stocks increasing in price at the close are, JMMB Group with 363,145 shares changing hands for a value of $163,428 to close 3 cents higher at 43 cents, Massy Holdings trading 931 shares to close at $63.37 with a gain of 26 cents. Scotiabank traded 3,367 shares valued at $213,198 to close with a gain of 3 cents and end at $62.33 and Trinidad Cement with 84,445 shares trading for $224,679 to end with a 16 cents gain to $2.77.
Declines| No stocks declined at the end of trading on Monday.
Firm Trades|Stocks closing with prices unchanged at the end of trading are, Ansa Merchant Bank with 1,000 shares at $38.95, Clico Investment Fund traded 7,480 shares valued at $168,674 with the price remaining at $22.55. First Citizens Bank traded 2,373 shares to close $35.61, Grace Kennedy traded 350 units to close at $3.50, Guardian Holdings added 9,358 shares valued at $131,479.90 to close at $14.05. National Enterprises contributed 17,430 shares with a value of $301,539 and ended at $17.30, while Prestige Holdings with 6,000 shares traded at $10.
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.
1 stock gained 4 fell on TTSE
Trading on the Trinidad Stock Exchange ended on Wednesday with 9 securities comprising 62,645 units, with a value of $2,293,590 changing hands. A total of 1 security advanced, 4 declined and 4 traded with prices unchanged.
At the close of the market, the Composite Index fell 0.61 points to close at 1,150.32, the All T&T Indexdeclined by 1.19 points to 1,963.93 and the Cross Listed Index remained unchanged at 44.15.
Gains| just one stocks increased in price at the close as, First Citizens Bank trading 905 shares at $35.16 after adding a cent.
Declines| Clico Investment Fund fell 9 cents to end at $22.51 with 9,000 shares trading with a value of $202,604. Guardian Holdings with 10,287 shares changing hands for a value of $144,532 ended 15 cents lower at $14.05, Republic Bank with 15,630 shares changing hands valued at $1,809,966, fell 4 cents to end at $115.80, for a new 52 weeks’ low and Trinidad Cement traded 8,821 shares and ended with a loss of 5 cents at $2.50.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, JMMB Group with a volume of 14,321 shares trading at 43 cents, National Enterprises traded 1,175 shares to close at $17.30, National Flour Mills with 6 shares closed at $1.50 and One Caribbean Media traded 2,500 shares at $22.30.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than their last selling prices and 3 stocks with offers that were lower.
JSE to repeat today’s gains on Thursday
The Investors Choice bid-offer Indicator shows 11 stocks with bids higher than their last selling prices and 2 with offers that were lower, in the main and junior markets. IC Indicator reading is suggesting that the number of trades on Thursday should see another day of many more stocks rising than falling.
Activity on the Jamaica Stock Exchange, resulted in 23 securities changing hands and ending with 4,735,155 units trading, valued at $24,434,254, in all market segments. National Commercial Bank, closed at a new 52 weeks’ high of $26.50 with 301,200 shares changing hands at 50 cents higher than on Tuesday and ahead of the company reporting six months results and dividend payment on Thursday.
Main Market| The JSE Market Index gained 474.33 points to 86,299.76, the JSE All Jamaican Composite index rose 530.32 points to close at 95,205.43 and the JSE combined index gained 446.19 points to close at 87,994.37.
Cable & Wireless with 256,932 units traded at 52 cents and ended with the bid at 53 cents to buy 100,000 shares. Ciboney Group traded 2,000,000 shares at 6, Desnoes & Geddes gained 10 cents and traded 29,400 at $6 with an offer at $6.50 at the close. Grace Kennedy with 19,224 shares that traded closed at 90 cents higher at $63, Jamaica Broilers had 86,530 shares trading to close at $4.70,
JMMB Group traded 855,593 ordinary shares for 38 cents higher at $7.48. The stock had JMMB Securities on the offer selling 268,800 units at $7.48, 5000 units at $7.50 and 34,655 shares at $8.50 as the lowest offers posted at the end of trading.The broker posted small buy orders from $7.03 to $7.10. Victoria Mutual Wealth Management sold the bulk of the shares to trade with Sagiocr Investments being the major buyer of them.
Radio Jamaica traded 13,372 shares at $2 to gain 25 cents, Sagicor Group traded 66,350 shares to close at $10.55 while gaining 10 cents in the process but traded as high as $10.75 before the close. Sagicor Real Estate X Fund had 529,519 units changing hands to close at $6.50, after shedding 25 cents. Salada Foods traded 35,480 at $9, Scotia Group saw 118,289 units, closing at $22, Supreme Ventures 19,900 units traded 4 cents higher at $2.84 and Jamaica Money Market Brokers 8.75% preference share, traded 317,331 units at $3.20 with an increase of 10 cents.
3 up 4 down on TTSE Monday
At the close of the market, the Composite Index lost 0.16 points to close at 1,150.50, the All T&T Index fell by just 0.25 points to close at 1,964.63 and the Cross Listed Index eased 0.01 points to end at 44.10.
Gains| Stocks increasing in price at the close are, Massy Holdings put on 5 cents to end the day at $63.10 while trading only 220 shares. Scotiabank on contributing 13,331 shares with a value of $828,522, gained 4 cents to end at $62.15 and West Indian Tobacco trading 1,458 shares valued at $182,410 to close with a gain of 1 cent at a new 52 weeks’ high of $125.11.
Declines| The stocks declining at the end of trading are, Angostura Holdings ending with 125 shares trading, to close down 2 cents at $13.98. Guardian Holdings with 58,300 shares changing hands for a value of $824,945 closed at $14.15 for a 5 cents decline, Republic Bank suffered a loss of 7 cents to close at $115.88 while trading 1,355 shares for a new 52 weeks’ low and Sagicor Financial Corporation added 13,250 shares and closed 1 cent down at $6.
Firm Trades|Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund trading 10,632 shares valued at $239,220 but remained at $22.50, First Citizens Bank trading 8,795 shares to end at $35.56. JMMB Group traded 6,463 shares at 43 cents, One Caribbean Media contributed 60 shares at $22.30, Prestige Holdings with 500 shares, closed at $10 and Trinidad Cement with 34,200 shares trading at $2.50.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator shows 2 stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.
JSE near 2 year high with 2,528 points rise
Main Market|The JSE Market Index gained 2,261.39 points to 87,351.52, the JSE All Jamaican Composite index rose 2,528.34 points to close at 96,381.35 putting it back in line with the close of 96,381.58 on May 3, 2012 and the JSE combined index gained 2,134.42 points to close at 89,072.22. Scotia Group’s price movement to $24.50 in early trading was the major factor behind the big surge in the main market indices, as such there may be a fall back on Tuesday as Scotia’s price seems likely to settle back well below the price of $23.81 used in computing today’s indices, unless other stocks move up to compensate.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 9 stocks with bids higher than their last selling prices and just 4 with offers that were lower, with 2 of the offers being stocks that hardly trade.
In trading, Scotia Investments bought all Scotia Group’s shares to trade, in the early morning session up to $24.50, for a 52 weeks intra-day high, but the stock ended with 205,115 units trading to close at $22.10 with a 24 cents fall from Friday’s last sale price. Desnoes & Geddes traded 92,793 shares up to $5.90, with a 10 cents gain, Grace Kennedy traded 933,318 shares and closed at $62.01, with a total value of $57.8 million, with the price dropping $1.99 from Friday’s last traded price of $64. National Commercial Bank traded only 21,750 shares to close higher at $26, with an increase of 47 cents. Radio Jamaica 86,383 units that traded did so at $2, Sagicor Group 16,400 units traded at $10.50, Sagicor Real Estate Fund had 48,600 units changing hands at $6.75, to gain 25 cents and Jamaica Money Market Brokers 8.75% preference share traded 33,500 units at $3.10.
Kingston Wharves traded just 4,00 shares but ended up gaining 50 cents to close at $6.40, Scotia Investments gained 49 cents in trading 1,200 units at $23.50 and Supreme Ventures traded 4,000 units at $2.80 by gaining 30 cents.
Moderate price changes on TTSE
Trading on the Trinidad Stock Exchange closed with 10 securities changing hands of which 1 advanced, 3 declined and 6 traded firm with a total of 96,614 units, valued at $998,347.
At the close of the market, the Composite Index lost 0.82 points to close at 1,150.66, the All T&T Index fell by just 0.11 points to close at 1,964.88 and the Cross Listed Index fell 0.20 points to end at 44.11.
Gains| Unilever Caribbean enjoyed the day’s sole price increase, climbing 5 cents to end the day at a new 52 weeks’ high of $66.08.
Declines| The stocks declining at the end of trading are, First Citizens Bank adding 4,644 shares valued at $165,151, closing 1 cent lower at $35.56. Sagicor Financial Corporation suffering a loss of 25 cents, to close at $6 with 64,675 shares changing hands for a value of $388,807 and Republic Bank with 763 shares traded 4 cents down at $115.95.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund ending at $22.50, while trading 2,543 units, Guardian Holdings with 10,994 shares trading for $156,115, ended at $14.20. had just 1,000 shares changing hands at 43 cents, National Flour Mills with 600 shares changing hands, closed at $1.50, Scotiabank exchanged 453 shares, to close at $62.11 and Trinidad Cement contributing 9,593 shares at $2.50.
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 3 stocks with offers that were lower.