The Trinidad & Tobago Stock Exchange closed on Friday with an increased number of 16 securities changing hands compared to 15 on Thursday. A total of 6 stocks advanced, 4 were unchanged and 6 declined as 662,006 units were exchanged, for $5,506,299 compared to 482,036 shares valued at $3,773,912 on Thursday.
The Composite Index advanced 1.17 points to 1,225.08, the All T & T Index gained 0.28 points to 1,834.21 and the Cross Listed Index also gained 0.28 points to 82.43.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 7 stocks with bids higher than last selling prices and 8 with lower offers.
Gains| Clico Investment closed 2 cents higher at $22.52, with 142,187 units traded at a value of $3,200,232, First Caribbean International gained 3 cents trading 31,963 units to close at a 52 weeks high of $8.53, Guardian Holdings exchanged 7,600 shares and gained 18 cents to end at $13.31. JMMB Group added 4 cents to close at a 52 weeks high of $1.20 with an exchange of 364,378 units valued at $437,724, Scotia Investments closed at $2.23, gaining 2 cents with 76,418 shares changing hands and Scotiabank gained 5 cents, in closing at $58.75 with 1,000 shares traded.
Losses| Massy Holdings closed at $51.40, losing 2 cents with only 75 units changing owners, National Commercial Bank was down 7 cents to $3.28 trading 1,000 shares and Point Lisas lost 5 cents to close at $3.70 with an exchange of 530 units.
Republic Financial Holdings closed at $108.28, after falling 6 cents with 9,302 shares being exchanged at a value of $1,007,221, Trinidad Cement slid 5 cents to $4.50, with 18,402 shares traded and West Indian Tobacco exchanged 100 units to close at $127.
Firm Trades| Grace Kennedy closed at $2.68 with 100 shares traded, Prestige Holdings remained unchanged at $11 with 169 units changing hands, Sagicor Financial closed at $8.50 trading 2,582 shares and Trinidad & Tobago NGL held firm at $21 with an exchange of 6,200 units.
6 stocks rise 6 fall on TTSE on Friday
January 27, 2017 by
Huge gains for Jamaican stocks
January 27, 2017 by
The Jamaica stock market, recorded the highest points gain in trading on Friday, with some big moves in the prices of National Commercial Bank, Scotia Group, Kingston Wharves and Jamaica Producers Group as some of the main 
movers contributing in a major way to the gains in the main market indices.
In the process the all All Jamaica Composite Index jumped sharply by 9,082.60 points to close at 226,121.49 and the JSE Market Index surges 8,121.44 points to finish at 206,567.37.
A combination of factors helped in the big move. The bullishness of the market is coming at a time of very low supplies for a number of stocks, including the four mentioned above, while NCB reported record profit for their December quarter, with a jump of 49 percent, to $3.56 billion, helping in moving the price from $52.02 at the close on Thursday to $58. The bank also announced increased dividend payment, from 50 cents per share in 2016 to 60 cents being paid in February.
The gain on Friday was the biggest daily increase, but in percentage terms, it sits in at the 5th largest daily gain.
New record close for JSE majors
January 26, 2017 by
Berger hit at a new 52 weeks’ high on Thursday.
The high levels of trading above the $220 million market seen in the market for the previous 5 trading days ended on Thursday with less than $100 million of trading. At the close, 3,687,829 units valued at $80,933,897 changed hands, compared to 13,315,100 units valued at $237,592,401 changing hands on Wednesday. Of the stocks traded, the junior market accounted for 542,606 units valued at $3,545,918.
The market closed with 43 securities changing hands, with 16 stocks rising and falling in the overall market, including 6 stocks rising and 5 falling, in the junior market. A total of 8 securities ended at new 52 weeks’ closing highs.
At the close the All Jamaica Composite Index gained 1,486.31 points to close at 217,038.89. The JSE Market Index rose 1,268.01 points to finish at 198,445.93 and the JSE combined index climbed 1,077.42 points to close at 212,917.33.
The average trade for the day in the main market ended at 116,490 shares compared to an average of 275,383 units traded on Wednesday. An average of 291,945 units traded for the month to date, versus 467,399 units on the previous trading day. The average for the month of December ended at 549,379 units.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 21 stocks with bids higher than their last selling prices and 3 with lower offers.In market activity, Berger Paints jumped $1, pushing the price to a new closing high at $10.50 while trading 123,265 shares, Cable and Wireless ended with 626,427 units at $1.18, after losing 7 cents, Caribbean Cement surged $3 in trading 865,850 shares to close at 52 weeks’ high of $36.50. Carreras closed at $66.70 with 27,280 shares changing hands, 1834 Investments traded 62,439 units at $1.30, Grace Kennedy had 50,652 units trading to close at $40.65, after gaining 15 cents, Jamaica Broilers lost 2 cents and closed at $15 with 21,213 shares changing hands. Jamaica Producers traded 250,000 shares after losing 30 cents to end $11.50, Jamaica Stock Exchange lost 10 cents to close at $5.50, having traded 51,865 shares, JMMB Group traded 114,080 units at $15.50, gaining 15 cents, Kingston Wharves ended up trading just 600 units and adding 26 cents to close at $27.75.
Mayberry Investments traded 36,000 shares with gains of 75 cents, to close at $5, National Commercial Bank lost 58 cents to close at $52.02 after swapping 519,708 shares, Pan Jamaican gained 35 cents and closed at $30 with 26,688 units traded, Portland JSX closed at $9 after falling by 50 cents while trading 7,079 units. Pulse Investments traded 45,950 units, gaining 35 cents to close at a 52 weeks’ high of $5.30, Radio Jamaica lost 5 cents, closing at $1.35 with 15,200 shares traded, Sagicor Group closed with 49,810 shares changing hands with a gain of 96 cents to $30. Sagicor Real Estate fund traded 20,400 units and closed at $9.50, Scotia Group, with 118,490 shares changing hands lost 89 cents to close at $36.11. Scotia Investments traded 28,694 units, gaining 99 cents to close at $33.49, Supreme Ventures lost 11 cents in trading 10,500 shares to close at $5.10 and Proven Investments traded 67,260 ordinary shares to close at 23 US cents.
TCL fall pulls TTSE market index down
January 26, 2017 by
Trinidad Cement shares suffer big fall.
Market activity resulted in 15 securities traded, compared to 13 on Wednesday with 6 stocks advancing, 4 holding firm and 5 declining. The number of shares that changed hands amounted to 482,036 units valued at $3,773,912 compared to 95,386 shares valued at $2,016,084 on Wednesday.
At the close the Composite Index advanced 1.89 points to 1,223.91, thanks to gains in three Jamaican based stocks, the All T & T Index slid 3.19 points to 1,833.93 and the Cross Listed Index gained 0.96 points to 82.15.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 7 stocks with bids higher than last selling prices and 8 with lower offers.
Gains| Angostura Holdings added 1 cent to close trading at $14.72 with an exchange of 11,968 shares, JMMB Group rose 6 cents to close at a 52 weeks high of $1.16 with 43,691 units being purchased, National Commercial Bank climbed 15 cents, closing at a 52 weeks high of $3.35 with 193,012 units traded, valued at $632,749. Scotia Investments closed at $2.21, gaining 1 cent with 1,100 shares changing hands, Trinidad & Tobago NGL traded 9,694 units to close at $21, for a gain of 35 cents and West Indian Tobacco added 2 cents to close at $127.02 with 578 shares changing owners.
Losses| Clico Investment lost 8 cents, closing at $22.50 with trades of 86,187 shares valued at $1,939,787, Massy Holdings closed at $51.42, a loss of 2 cents with 578 units traded, Sagicor Financial closed down by 5 cents to $8.50 with 22,247 shares being exchanged. Scotiabank traded 331 units, closing at $58.70, after a loss of 5 cents and Trinidad Cement traded just 500 shares to close at $4.55, after losing 50 cents.Firm Trades| Ansa McAL was unchanged at $65.84 with 2,306 units changing hands, First Citizens exchanged a mere 42 shares to close at $34.93, Grace Kennedy closed at $2.68 with 109,095 shares traded and Guardian Holdings held firm at $13.13 with 707 units changing hands.
New record close for JSE majors
January 25, 2017 by
Scotiabank traded large volumes on Wednesday.
The market enjoyed another day of good volumes, with values exceeding $237 million, as the market continues to trade above the $220,000 market for the fifth consecutive day.
The market closed with 45 securities changing hands, 19 stocks gained and 12 declined in the overall market, including 7 stocks rising and 7 falling, in the junior market. A total of 8 securities ended at new 52 weeks’ closing highs.
At the close the All Jamaica Composite Index gained 1,486.31 points to close at 215,646.20. The JSE Market Index rose 1,329.03 points to finish at 197,200.62 and the JSE combined index climbed 1,462.70 points to close at 211,694.92.
At the close with 13,315,100 units valued at $237,592,401 changed hands, compared to 10,692,647 units valued at $273,030,077 changing hands on Tuesday. Of the stocks traded, the junior market accounted for 6,155,150 units valued at $25,573,851.
The average trade for the day in the main market ended at 275,383 shares compared to an average of 360,513 units traded on Tuesday. An average of 467,399 units traded for the month to date, versus 659,416 units on the previous trading day. The average for the month of December ended at 549,379 units.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 17 stocks with bids higher than their last selling prices and 2 with lower offers.
In market activity, Barita closed at $5.75 after trading 100,000 shares, Berger Paints jumped $1 which pushed the price to a new closing high at $9.50 while trading 27,437 shares, Cable and Wireless ended with 96,651 units at $1.25, after gaining 5 cents, Caribbean Cement jumped $2.98 and traded 57,643 shares to close at $33.50. Carreras closed at $66.70 with a loss of 5 cents and 8,729 shares changing hands, 1834 Investments traded 50,000 units at $1.30, Grace Kennedy had 1,260 units trading to close at $40.50, Jamaica Broilers lost 23 cents and closed at $15.02 with 26,933 shares changing hands. Jamaica Producers traded 121,025 shares, gaining $1.80 to end at 52 weeks’ high of $11.80, Jamaica Stock Exchange traded 53,840 shares at $5.60, 
JMMB Group traded 623,532 units at $15.35 in gaining 4 cents, Kingston Properties closed at $8.50 with 18,435 units traded, Kingston Wharves ended up trading 30,000 units to close at $27.49, after losing 26 cents. National Commercial Bank swapped 134,201 shares to close at $52.60, Pan Jamaican lost 30 cents and closed at $29.65 with 11,923 units traded, Portland JSX gained 50 cents to close at $9.50 while trading 10,923 units. Pulse Investments traded 12,000 units, gaining 60 cents to close at a 52 weeks’ high of $4.95, Sagicor Group closed with 2,276,639 shares changing hands with a gain of 1 cent at $29.04, Scotia Group, with 3,010,131 shares changing hands, gained $1 to close at $37. Scotia Investments traded 2,091 units losing 50 cents to close at $32.50, Seprod traded 466,763 units and rose 30 cents to $29.80 and Supreme Ventures gained 11 cents in trading 10,371 shares to close at $5.21.
JSE majors shoot to 215,646 points
January 24, 2017 by
Kingston Wharves traded at a new high of $27.75 on Tuesday.
The market enjoyed another day of good volumes, with values exceeding $273 million, as the market continues to trade above the $240,000 market for the fourth consecutive day.
The market closed with 40 securities changing hands, 19 stocks gained and 9 declined in the overall market, including 9 stocks rising and 3 falling, in the junior market. A total of 8 securities ended at new 52 weeks’ closing highs.
At the close the All Jamaica Composite Index gained 1,486.31 points to close at 215,646.20. The JSE Market Index rose 1,329.03 points to finish at 197,200.62 and the JSE combined index climbed 1,462.70 points to close at 211,694.92.
At the close with 10,692,647 units valued at $273,030,077 changed hands, compared to 20,100,275 units valued at $241,271,357 changing hands on Monday. Of the stocks traded, the junior market accounted for 1,319,304 units valued at $8,881,627.
The average trade for the day in the main market ended at 360,513 shares compared to an average of 958,319 units traded on Monday. An average of 659,416 units traded for the month to date, versus 736,679 units on the previous trading day, compared with an average of 549,379 units, December ended with.IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 12 stocks with bids higher than their last selling prices and 2 with lower offers.
In market activity, Barita Investments fell 55 cents while trading 38,200 units to end at 5.75, Berger Paints was pushed by 51 cents to a new closing high of $8.50 while trading 10,000 shares. Cable and Wireless ended with 367,430 units at $1.20, after gaining 1 cent, Caribbean Cement traded 3,575 shares to close at $30.52. Grace Kennedy had 51,319 units trading to close at $40.50, gaining 2 cents, Jamaica Broilers lost 22 cents and closed at $15.25 with 4,936 shares changing hands, Jamaica Producers traded 54,929 shares, losing $1 to end at $10. Jamaica Stock Exchange traded 119,310 shares at $5.60, JMMB Group traded 301,370 units at $15.31, Kingston Wharves ended up trading 400 units to close at a 52 weeks’ high of $27.75, after gaining $2.74. National Commercial Bank added 60 cents in swapping 2,430,916 shares to close at $52.60, Pan Jamaican gained 20 cents to close at $29.95 with 3,593,683 units traded,
Portland JSX lost 1 cent to close at $9.00 while trading 4,000 units. Pulse Investments traded 30,000 units and closed at $4.35, Radio Jamaica ended at $1.40 with 137,162 shares trading, Sagicor Group had 490,590 shares changing hands, with a gain of 3 cents to end at $29.03, Sagicor Real Estate fund lost 70 cents in trading 8,525 units to close at $9.50, Scotia Group, with 17,550 shares changing hands, gained 50 cents to close at $36. Sterling Investments traded just 800 units but rose 5 cents to end at a 52 weeks’ high of $15.75, Supreme Ventures lost 11 cents in trading 1,498,655 shares to close at $5.10, Proven Investments traded 400 ordinary shares to close at 23 US cents and JMMB Group 7.5% preference share ended with 18,000 units trading at $2.15 after gaining 4 cents.
Jamaican majors end at 214,159 points.
January 23, 2017 by
Jamaica Producers rose by $1.47 to end at a 52 weeks’ high of $11.
The market closed with 33 securities changing hands, 16 stocks gained and 10 declined in the overall market, including 6 stocks rising and 7 falling, in the junior market.
At the close the All Jamaica Composite Index gained 1,313.02 points to close at 214,159.89. The JSE Market Index rose 1,174.08 points to finish at 195,871.59 and the JSE combined index climbed 1,134.09 points to close at 210,232.22.
At the close with 20,100,275 units valued at $241,271,357 changed hands, compared to 38,043,877 units valued at $286,247,575 changing hands on Friday. Of the stocks traded, the junior market accounted for 1,892,208 units valued at $12,483,279.
The average trade for the day in the main market ended at 958,319 shares compared to an average of 601,774 units traded on Monday. An average of 736,679 units traded for the month to date, versus 515,038 units on the previous trading day, compared with an average of 549,379 units, December ended with.IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 14 stocks with bids higher than their last selling prices and 5 with lower offers.
In market activity, Investors continued to react positively to nine months results, showing a sharp hike in profit for Berger Paints, pushing the price to a new closing high at $7.99 while trading 25,000 shares. Cable and Wireless ended with 465,017 units at $1.19, after gaining 7 cents, Caribbean Cement traded 46,985 shares to close at $30.52 with a rise of 2 cents, Grace Kennedy had 177,361 units trading, to close at $40.48, after gaining $1.48, Jamaica Broilers lost 3 cents and closed at $15.47 with 6,876,548 shares changing hands. Jamaica Producers traded 22,200 shares, rising by $1.47 to end at a 52 weeks’ high of $11, Jamaica Stock Exchange traded 75,579 shares at $5.60,
JMMB Group traded 42,686 units at $15.31, Kingston Wharves ended up trading 8,361 units to close at $25.01, after losing 29 cents. Mayberry traded 7,500 shares and closed at $4.25, gaining 20 cents in the process, National Commercial Bank added 50 cents in swapping 381,306 shares to close at $52, Pan Jamaican traded 12,723 units to close at $29.75, Portland JSX added 1 cent to close at $9.01 while trading 10,000,000 units. Sagicor Group closed with 37,440 shares changing hands with a loss of 4 cents at $29, Sagicor Real Estate fund gained 20 cents in trading 2,000 units to close at $10.20, Scotia Group, with 900 shares changing hands, gained 50 cents to close at $35.50 and Supreme Ventures traded 5,500 shares to close at $5.21.
JSE majors close down Friday
January 20, 2017 by
Berger closed at a new all-time high on Friday
The market closed with 46 securities changing hands, 18 stocks gained and 14 declined in the overall market, including 9 stocks rising and 7 falling, in the junior market. One security in the main market and one in the junior market closed trading at an all-time high and one in the junior market traded at an intraday high while Portland JSX closed at a new low.
At the close the All Jamaica Composite Index lost 671.11 points to close at 212,846.87. The JSE Market Index slipped 600.10 points to finish at 194,697.51 and the JSE combined index declined by 392.65 points to close at 209,098.13.
At the close with 38,043,877 units valued at $286,247,575 changed hands, compared to 14,496,376 units valued at $291,803,792 changing hands on Wednesday. Of the stocks traded, the junior market accounted for 22,999,535 units, changing hands, valued at $127,583,667.
The average trade for the day in the main market ended at 601,774 shares compared to an average of 367,156 units traded on Wednesday. An average of 515,038 units traded for the month to date, versus 428,302 units on the previous trading day, compared with an average of 549,379 units, December ended with.IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 11 stocks with bids higher than their last selling prices and none with lower offers.
In market activity, Investors reacted positively to nine months results, showing a sharp hike in profit for Berger Paints, pushing the price to a new closing high at $6.75 while trading of 85,937 shares. Cable and Wireless ended with 1,872,517 units at $1.12, after gaining 1 cent, Caribbean Cement traded 58,218 shares to close at $30.50, Carreras closed at $66.75 with 61,025 shares changing hands after rising by 25 cents. Grace Kennedy had 33,738 units trading, to close at $39, Jamaica Broilers rose 50 cents and closed at $15.50 with 47,477 shares changing hands, Jamaica Producers traded 1,763,796 shares to end with a fall of 7 cents at $9.53. Jamaica Stock Exchange traded 6,119,966 shares, to end at $5.60, JMMB Group traded 2,050,959 units to end at $15.31, Kingston Wharves ended up trading 73,943 units to close at $25.31. National Commercial Bank fell 50 cents in swapping 12,573 shares, to close at $51.50, investors swapped 1 million units of 138 Student Living, at $4.50,
Pan Jam Investment traded 21,420 units with the price slipping 25 cents to end at a $29.75, Portland JSX lost 20 cents to close at a 52 weeks’ low of $9 while trading 23,000 units. Radio Jamaica traded 16,329 units and rose 12 cents to close at $1.40, Sagicor Group closed with 374,817 shares changing hands with a rise of 58 cents at $29.04 Sagicor Real Estate fund lost 22 cents in trading 18,700 units to close at $10, Scotia Group with 137,003 shares changing hands, lost $1 to close at $35. Scotia Investments gained 50 cents with 1,174,023 units trading, to end at $33, Seprod traded 5,739 shares but fell 50 cents in closing at $29.50 and Proven Investments traded 81,000 ordinary shares to close at 23 US cents.
6 TTSE stocks fell 4 gained
January 19, 2017 by
Market activity on the Trinidad & Tobago Stock Exchange on Thursday resulted in 12 securities changing hands compared to 7 on Wednesday leading to 4 stocks advancing, 6 declining and 2 holding firm.
The Composite Index gained 0.68 points to 1,216.99 points, the All T&T Index declined 0.37 points to 1,835.54 points and the Cross Listed Index advanced 0.24 points to 80.04 points.
At the close, 382,443 units valued at $3,889,464 were exchanged compared to 453,962 shares valued at $7,222,917 on Wednesday.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 10 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| JMMB Group closed trading at a 52 weeks’ high of $1.06 adding 6 cents with 61,265 transactions being executed, National Commercial Bank added 4 cents to close at 52 weeks’ high of $3.16 with 5,350 shares changing hands. Scotiabank gained 5 cents in closing at $58.75 with only 189 units exchanged and Trinidad & Tobago NGL advanced 7 cents to $20.50 with 8,877 shares traded.
Losses| Ansa McAL lost 3 cents to close at $65.96 with 100 units changing owners, Clico Investment closed at $22.50 with an exchange of 114,259 shares valued at $2,571,913, First Citizens Bank lost 3 cents to close at $34.93 with 1,406 shares. Grace Kennedy lost 5 cents, ending at $2.60 as 21,500 shares changed hands, Republic Financial Holdings was down 1 cent to $108.38 with 453 shares traded and Trinidad Cement declined 5 cents to $5.10 with 168,768 shares valued at $868,138.
Firm Trades| Massy Holdings closed at $51.48 with 245 shares changing hands and West Indian Tobacco was unchanged at $127 with 31 units switching owners.
Value of Jamaican stocks slip – Wednesday
January 18, 2017 by
Jamaica Producers traded at a new high of $10.
At the close the All Jamaica Composite Index lost 211.20 points to close at 213,310.21. The JSE Market Index slipped 188.86 points to finish at 195,111.82 and the JSE combined index fell 262.00 points to close at 209,274.40.
The market closed with 40 securities changing hands, 14 stocks gained and 14 declined in the overall market, including 3 stocks rising and 5 falling, in the junior market. One security ended trading at a new high and two at new lows, while one traded at an intraday high.
At the close with 6,870,141 units valued at $43,857,890 changed hands, compared to 4,982,675 units valued at $90,430,065 changing hands on Tuesday. Of the stocks traded, the junior market accounted for 1,865,673 units, changing hands, valued at $12,828,651.
The average trade for the day in the main market ended at 217,586 shares compared to an average of 138,833 units traded on Tuesday. An average of 528,824 units traded for the month to date, versus 489,448 units on the previous trading day, compared with an average of 549,379 units, December ended with.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 14 stocks with bids higher than their last selling prices and 4 with lower offers.In market activity, Berger Paints ended trading of 49,420 shares to close at $6, Cable and Wireless ended with 3,797,843 units at $1.13, after falling 17 cents, Caribbean Cement traded 12,872 shares to close at $32, Carreras closed at $66.30 with 10,000 shares changing hands after falling by 20 cents. Grace Kennedy had 2,813 units trading, with the price falling 55 cents, to close at $40.10, Jamaica Broilers rose 88 cents and closed at $15.50 with 3,000 shares changing hands, Jamaica Producers traded 62,060 shares to end with a rise of 50 cents to close at a 52 weeks’ high of $10. Jamaica Stock Exchange dipped 4 cents in trading 6,300 shares, to end at $5.56, JMMB Group traded 283,799 units to end at $15.20, Kingston Wharves lost 20 cents in trading 13,200 units to close at $25.31, but retreated from an intraday high of $26.75. Mayberry Investments gained 5 cents in trading 170,522 units and ended at $4.75.
National Commercial Bank fell 21 cents swapping 21,233 shares, to close at $51.54, Portland JSX lost 20 cents to close at a 52 weeks’ low of $10 while trading 958 units, Pulse Investments traded 57,791 units and dropped 80 cents to close at $3.70. Sagicor Group closed with 62,000 shares changing hands with a rise of 20 cents at $28.50, Scotia Group with 38,123 shares changing hands, rose 10 cents to close at $36.60, Scotia Investments gained $1 with 1,000 units trading, to end at $33.49. Seprod traded 700 shares but rose 49 cents in closing at $30, Supreme Ventures lost 4 cents in trading 2,000 units at $5.11 and Proven Investments traded 356,514 ordinary shares to close at 22 US cents.