More retreating for JSE on Friday

Seprod traded at 52 weeks' intraday high on Friday at $22.10.

Seprod traded at 52 weeks’ intraday high on Friday at $22.10.

Pressure on the Jamaica main market stocks eased slightly on Friday with the indices gaining moderately but declining stocks still beat out advancing ones by a good margin with 19 securities declining and the prices of 10 securities gaining as 45 changed hands in all market segments. Trading resulted in 3 stocks closing at 52 weeks’ highs and one at intraday high.
A total of 7,670,934 units valued at $79,145,756 changed hands in all markets. The junior market accounted for 1,035,881 units changing hands, valued at $5,711,682.98.
The JSE Market Index rose 64.41 points to 157,387.02 the all Jamaica Composite Index gained 71.98 points to end at 174,845.16 and the JSE combined index dumped by 463.27 points to close at 168,117.47.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 9 stocks with bids higher than their last selling prices and 5 with lower offers.
JSE Sum 19-02-16At the end of the market activities, Barita Investments retreated after the company posted lower earnings in the December quarter of $27.7 million versus $45.6 million as 10,000 units traded to close with a loss of 40 cents at $4.20. Berger Paints lost 49 cents to end at $4.21, with 5,070 units traded, Cable and Wireless closed with a loss of 1 cent as 619,883 units changed hands at $1.58. Caribbean Cement fell 50 cents to close at $30 with 31,123 shares changing hands, Carreras dropped $1 to close at $66, while trading 6,072 units, Ciboney declined by 6 cents to 15 cents with 2,955,517 shares trading, Gleaner traded 113,790 shares but fell 4 cents to $2.46. Grace Kennedy ended with 8,369 shares trading to close at $82.25 after gaining 70 cents. Jamaica Broilers jumped $1.15 with 647,438 units to close at $14.90, Jamaica Stock Exchange ended with 46,000 shares trading but rose 40 cents to close at $22.35, JMMB Group had 22,851 units changing hands at $11. JSE fn qts 19-02-16Kingston Wharves had 7,260 shares trading with a gain of 5 cents at $11.40, Mayberry Investments traded 35,970 units to close at $4.5 for a decline of 5 cents, National Commercial Bank traded 109,827 shares to close at $41 after gaining 70 cents, while Pan Jamaican traded 14,727 shares with a fall of $1.30 to end at $94.70. Radio Jamaica traded 1,414 units but fell 30 cents to $4.30, Sagicor Group fell 1 cent with 469,568 shares changing hands at $22.10, Scotia Group had 1,242,641 shares changing hands to close with a gain of 50 cents to end at $33.50. Scotia Investments had 5,174 units changing hands at $28 after rising $1. Seprod closed at $22, with 26,364 shares trading, Supreme Ventures fell 5 cents to close at $5.85 with 170,772 units changing hands, JMMB Group 5.75% preference share traded 35,000 at $1.06 and Proven Investments preference share traded 40,000 units at $5.

More retreat for JSE on Thursday

Carib Cement closed at a new 52 weeks' high on Thursday of $30.50.

Carib Cement closed at a new 52 weeks’ high on Thursday of $30.50.

Investors pushed the Jamaica stock market down sharply again on Thursday as a wide cross section of the market showed weakness with declining stocks beating advancing ones by a good margin. Stock prices were widely down with 19 securities declining and the prices of 10 securities gaining as 45 changed hands in all market segments. Trading resulted in the while 3 stocks closed at 52 weeks’ high and two at intraday highs.
A total of 2,801,152 units valued at $40,035,868 changed hands in all markets. The junior market accounted for 876,572 units changing hands, valued at $3,718,863.
The JSE Market Index dived 913.83 points to 157,322.61 the all Jamaica Composite Index dropped 1,021.27 points to end at 174,773.18 and the JSE combined index dumped by 972.44 points to close at 168,580.74.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 15 stocks with bids higher than their last selling prices and 5 with lower offers.
JSE Sum 18-02-16rAt the end of the market activities, Barita Investments ended with 119,000 units traded to close at $4.60, Berger Paints rose 20 cents to end at $4.70, with 13,950 units traded, Cable and Wireless closed with 58,929 units changing hands, with a loss of 1 cent at $1.59. Caribbean Cement jumped 50 cents to close at $30.50 with 11,868 shares changing hands, Carreras jumped $1.30 to close at $67, to end at a 52 weeks’ high while trading 150,641 units, Gleaner traded 57,510 shares but rose 5 cents to $2.50, Grace Kennedy ended with 2,449 shares trading to close at $82.25 after dropping 75 cents. Jamaica Broilers fell 75 cents with 244,239 units to close at $13.75, Jamaica Stock Exchange ended with 210,710 shares trading but lost 5 cents to close at $21.95, JMMB Group dropped 25 cents in trading 38,315 units at $11. Kingston Wharves had 5,900 shares trading at $11.40, Mayberry Investments traded 16,800 units to close at $4.80 for a rise of 30 cents, JSE fn qts 18-02-16National Commercial Bank traded 45,262 shares to close at $40.30 after declining by $1.20, while 138 Students Living traded 146,285 shares with a fall of 10 cents to end at $5.60. Proven Investments traded 32,164 shares at 20 US cents, Radio Jamaica traded 17,651 units but fell 5 cents to $4.60, Sagicor Group fell 82 cents with 15,459 shares changing hands at $22.11, Scotia Group had 177,068 shares changing hands to close with a gain of 99 cents to end at $33. Scotia Investments had 1,200 units changing hands at $27 after dropping $3. Seprod closed at $22, with 104,200 shares trading, Supreme Ventures fell 10 cents to close at $5.90 with 48,200 units changing hands, Jamaica Money Market Brokers 7.50% preference share traded 66,900 at $2.15 and Proven Investments preference share traded 502,476 units at $5.

JSE retreated again on Wednesday

Carreras traded at a new 52 week's high on Wednesday

Carreras traded at a new 52 week’s high on Wednesday

Investors pushed the Jamaica stock market down sharply again on Wednesday as a wide cross section of the market showed weakness with declining stocks beating advancing ones by a good margin. Stock prices were widely down with 19 securities declining and the prices of 10 securities gaining as 45 changed hands in all market segments. Trading resulted in the while three stocks closed at 52 weeks’ highs.
A total of 2,801,152 units valued at $45,600,266 changed hands in all markets. The junior market accounted for 876,572 units changing hands, valued at $3,718,863.
The JSE Market Index dived 934.62 points to 158,236.44 the all Jamaica Composite Index dropped 1,044.48 points to end at 175,794.45 and the JSE combined index dipped by 1,117.25 points to close at 169,553.18.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 15 stocks with bids higher than their last selling prices and 5 with lower offers.
JSE Sum 17-02-16rAt the end of the market activities, Berger Paints fell 30 cents to end at $4.50, with 37,301 units traded, Cable and Wireless close with 178,301 units changing hands at $1.60, Caribbean Cement jumped $3.40 to close at $30 with 83,508 shares changing hands. Carreras gained of 70 cents to close at $65.70, to end at a 52 weeks’ high while trading 245,117 units, Desnoes & Geddes traded 76,000 shares but lost 2 cents to $22.85, Grace Kennedy ended with 3,269 share trading to close at $83, Jamaica Broilers had 72,174 shares trading with a rise of 50 cents to end at $14. Jamaica Stock Exchange ended with 3,000 shares trading but lost 50 cents to close at $22, JMMB Group dropped 75 cents in trading 94,905 units at $11.25, Kingston Wharves had 38,100 shares trading at $11.40, JSE fn qts 17-02-16Mayberry Investments traded 26,020 units to close at $4.50. National Commercial Bank traded 183,199 shares to close at $40 after rising by $1.50, while 138 Students Living traded 354,615 shares with a rise of 20 cent to end at $5.70, Pan Jamaican Investment traded only 334 units with a rise of $1.45 to end at $96. Scotia Group had 173,359 shares changing hands to close with a fall of $1.99 to end at $32.01, Scotia Investments had 6,000 units changing hands at $30 after jumping $3.45. Seprod closed at $22, with 33,153 shares trading, Supreme Ventures rose 10 cents to close at $6 with 138,588 units changing hands and Jamaica Money Market Brokers 7.50% preference share traded 66,900 at $2.15.

JSE down sharply in early trading

The Jamaica Stock Exchange got to a moderate start with prices being on the soft side, following Tuesday’s large number of declines. JSE Int Cht 17-02-16The market indices all slipped between 1.21 percent for the JSS index to 1.23 percent for the juniors after 75 minutes of trading.
A total of 7 stocks fell and only 8 rose as 30 securities have been active with just 621,780 units changing hands.
National Commercial has not yet traded but seems heavy, with offers at $39.50, below Tuesday’s last traded price of $40, while Scotia Group fell from $34 to $32. AMG Packaging fell from $19.15 to $18 after the stock traded as high as $21.50 last week on low volume and Lasco Distributors declined from $7.79 to $7.35.
The all Jamaica Composite Index dropped 2,151.91 points to 174,687.02, the JSE Market Index lost 1,925.55 points to 157,245.51, the JSE combined index fell 2,069.78 points to 168,600.65 and the junior market index dropped 28.13 points to 2,250.89.

JSE market dived sharply – Tuesday

 Jamaican Stock Exchange closed at a new all-time high of $22.50.

Jamaican Stock Exchange closed at a new all-time high of $22.50.

Investors pushed the Jamaica stock market down sharply on Tuesday as stock prices were widely down on the Jamaica Stock Exchange with 22 securities declined as 43 changed hands in all market segments. Trading resulted in the prices of 9 securities gaining while four stocks closed at 52 weeks’ high and 3 at an intraday high.
A total of 4,504,769 units valued at $138,949,178 changed hands in all markets. The junior market accounted for 1,008,928 units, valued at $4,603,766.
The JSE Market Index dived 3,286.73 points to 159,171.06 the all Jamaica Composite Index dropped 3,673.11 points to end at 176,838.93 and the JSE combined index dipped by 3,413.10 points to close at 170,670.43.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 10 stocks with bids higher than their last selling prices and 4 with lower offers.
JSE Sum 16-02-16At the end of the market activities, Berger Paints fell 18 cents to end at $4.80, with 50,576 units traded, Cable and Wireless lost 9 cents with 268,452 units changing hands at $1.60, Caribbean Cement fell 90 cents to close at $26.60 with 18,305 shares changing hands. Carreras traded as high as $65.70, but closed with a gain of 90 cents, to end at a 52 weeks’ high of $65 while trading 625,721 units, Grace Kennedy ended with 562,543 share trading with a loss of $1 to close at $83, Jamaica Broilers had 17,581 shares trading with a loss of 95 cents at $14. Jamaica Stock Exchange traded 3,403 shares with a rise of $2.50 to close at a 52 weeks’ high $22.50, JMMB Group dropped $1 in trading 76,393 units at $12, Kingston Wharves had 21,850 shares trading at $11.40, Mayberry Investments fell 40 cents to close at $4.50 with 41,436 units traded, JSE fn qts 16-02-16rafter trading at a 52 weeks’ intraday high of $5.08 National Commercial Bank traded 396,112 shares to close at $40 after falling by $2, Pan Jamaican Investment traded 49,943 units with a loss of $1.45 to end at $94.55, Scotia Group had 326,093 shares changing hands to close at $34, Scotia Investments had 261,404 units changing hands at $26.55 after dropping $3.25. Seprod rose $2 to close at $22, with 69,528 shares trading, Supreme Ventures declined by 55 cents to close at $5.90 with 240,000 units changing hands. Proven Investments ordinary share traded at 22 US cents with 41,720 units, Jamaica Money Market Brokers 7.50% preference share traded 296,000 at $2.15 and Proven Investments preference share traded 97,524 units to close at $5.

JSE jumped sharply on Monday

Carreras traded at a new 52 weeks' high of $65 on Monday

Carreras traded at a new 52 weeks’ high of $65 on Monday

Investors pushed stock prices sharply higher on the opening day of the week on the Jamaica Stock Exchange with 48 securities changing hands in all market segments. Trading resulted in the prices of 26 securities gaining while 10 declined. Nine stocks closed at 52 weeks’ high and 1 at an intraday high, as 23,823,419 units valued at $153,664,407 changed hands in all markets. The junior market accounted for 19,268,579 units, valued at $109,445,668.
The JSE Market Index jumped 3,162.74 points to 162,457.79 the all Jamaica Composite Index climbed 3,397.05 points to end at 180,512.04 and the JSE combined index shot up by 3,534.54 points to close at 174,083.53.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 10 stocks with bids higher than their last selling prices and 3 with lower offers.
JSE Sum 15-02-16At the end of the market activities, Berger Paints fell 2 cents to end at $4.98, with 38,961 units traded, Cable and Wireless ended with 1,050,566 units changing hands at $1.69, Caribbean Cement fell 50 cents to close at $27.50 with 23,415 shares changing hands. Carreras traded as high as $65 in the morning session, following very good December quarter results but closed with a gain of 60 cents, to end at a 52 weeks’ high of $64.10 while trading 84,243 units, Ciboney ended with 593,564 share trading at 21 cents, Jamaica Producers had 30,970 shares trading at $30. Jamaica Stock Exchange ended with 55,290 shares trading to end at $20 but traded at an intraday high of $23, JMMB Group slipped by 70 cents in trading 1,136,590 units to end at $13, JMMB reported lower profit in the December Quarter of 32 cents per share versus 46 cents in 2014 and $1.04 for the nine months compared to $1.08.  Margaritaville Turks had 120,900 shares trading at 15 US cents, Mayberry Investments fell 10 cents to close at $4.90 with 464,350 units traded. National Commercial Bank traded 95,580 shares to close at $42 after rising by 50 cents, JSE fn qts 15-02-16 138 Student Living traded 299,100 units with a gain of 20 cents to end at a 52 week’s high of $5.50, after trading as high as $5.90. Sagicor Group fell 5 cents and closed at $23 with 38,760 units changing hands, Sagicor Real Estate Fund closed at $12 while trading 13,100 shares, Scotia Group had 73,100 shares changing hands with a rise of $2.50 to close at $34, Scotia Investments had 1,500 units changing hands at $29.80 after gaining 80 cents. Seprod dropped $2 to close at $20 with 20,137 shares trading, Supreme Ventures climbed 70 cents to close at $6.45, with 211,534 units changing hands, Proven Investments ordinary share traded at 22 US cents with 119,531 units and Proven Investments preference share traded 72,476 units to close at $5.

5 stocks gained on TTSE – Monday

Scotia Investments continues with strong demand on TTSE

Scotia Investments continues with strong demand on TTSE

Trading activity ended with 11 stocks active securities on the Trinidad & Tobago Stock Exchange on Monday of which, 5 stocks rose 2 fell and 4 remained unchanged with 3 closing at 52 weeks’ highs and 1 at a low. A total of 47,215 shares valued at $1,154,944 traded.
The Composite Index gained 5.15 points to close at 1,162.29, the All T&T Index fell 0.06 points to close at 1,909.63 and the Cross Listed Index gained 1.41 points to close at 54.86.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator has turned negative with 4 stocks with bids higher than the last selling price and 10 stocks with offers that were lower.
At the close Scotia Investments that did not trade Monday had unsatisfied demand for 262,540 units at $1.70 with no stock on offer. Grace Kennedy had a bid at $4.55 to buy 35,798 shares with no stock on offer at the close, the stock last traded at $4.55, JMMB Group had 410,000 units on offer at 63 cents with the bid at 57 cents to buy 21,839 units.
Gains| Clico Investments traded 22,505 units valued at $509,710 to close with a gain of 9 cents at $22.65, FirstCaribbean International Bank traded 1,416 shares and closed at 52 weeks’ high of $5.51 with a 31 cents rise, Grace Kennedy traded just 102 shares to end at a 52 weeks’ high of $4.55 after gaining 5 cents. TTSE sum 15-02-16Prestige Holdings with 191 units changing hands gained of 4 cents to end at a 52 weeks’ high of $10.51 and Republic Financial Holdings gained 1 cent to close at $112.05 with 1,105 shares changing hands.
Losses| National Flour traded 11,000 shares but lost 3 cents to end at $2.12 and Scotiabank lost 2 cents with 83 shares changing hands to end at $59.97 for a 52 weeks’ low.
Firm Trades| Calypso Macro Index Fund traded 1,000 units at $25, First Citizens Bank traded 2,813 units at $35, Massy Holdings traded 6,000 shares with a value of $357,000 to close at $59.50 and National Commercial Bank traded 1,000 shares to close at $2.40.

Only 8 stocks trade on TTSE Friday

Sagicor Financial traded at a 52 weeks; high on Friday

Sagicor Financial traded at a 52 weeks’ high on Friday

Trading activity fell back from the 18 stocks active stocks on the Trinidad & Tobago Stock Exchange on Thursday to just 8 on Friday with, 3 stocks rose 1 fell and 4 remained unchanged with 1 closing at 52 weeks’ highs. A total of 792,227 shares valued at $6,980,514 traded.
The Composite Index gained 0.21 points to close at 1,157.14, the All T&T Index fell 0.01 points to close at 1,909.69 and the Cross Listed Index gained 0.06 points to close at 53.45.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator has turned negative with 3 stocks with bids higher than the last selling price and 7 stocks with offers that were lower. At the close Scotia Investments with 128,711 shares changing hands on Thursday has seen a rise in unsatisfied demand of 171,540 shares on Thursday rising to 261,540 units on Friday at $1.70 with no stock on offer. Grace Kennedy had a bid at $4.52 to buy 45,522 shares with no stock on offer at the close, the stock last traded at $4.50.
Gains| Clico Investments traded 14,511 units valued at $327,359 to close with a gain of 4 cents at $22.56.TTSE sum 12-02-16 Republic Financial Holdings gained 1 cent to close at $112.04 with 6,487 shares changing hands at a value of $726,803 and Sagicor Financial Corporation had 677,286 shares valued at $4,470,088 changing hands with a rise of 8 cents, to close at a 52 weeks’ high of $6.60.
Losses| Guardian Holdings fell 1 cent with 4,920 shares changing hands to close at $14.29.
Firm Trades| JMMB Group traded 5,361 units at 57 cents, Massy Holdings traded 247 shares as the price to close at $59.50, National Commercial Bank traded 13,053 shares to close at $2.40 and Trinidad and Tobago NGL traded 70,362 units valued at $834,105 to close at $19.

C&W, Pan Jam dominant plays – Friday

C&W gained 21% in trading on Friday following release of Q3 results

C&W gained 21% in trading on Friday following release of Q3 results

Investors pushed Cable and Wireless by 29 cents to rise by 20.7 percent to close at $1.69 with 4,351,809 units trading in response to the profit of $144 million reported in the December quarter after accounting for an exceptional charge of $334 million. Pan Jamaican Investments was another big trade with the price gaining $1.50 to end at $96 after trading 2,045,279 shares valued at $196,346,784. The Jamaica Stock Exchange main market nevertheless lost ground with 38 securities changing hands in all market segments.
Trading resulted 38 securities trading, 16 of which gained and 14 declined. Six stocks closed at 52 weeks’ highs and 3 at intraday highs as 11,326,742 units valued at $259,795,288 changed hands in all markets. The junior market accounted for 2,619,072 units changed hands, valued at $10,651,233.
The JSE Market Index fell 412.90 points to 159,295.05 the all Jamaica Composite Index dropped 461.44 points to end at 176,977.50 and the JSE combined index declined 553.68 points to close at 170,686.48.
JSE Sum 12-02-16rv IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 17 stocks with bids higher than their last selling prices and 6 with lower offers.
At the end of the market activities, Barita Investments ended with 12,000 units traded, to close at $4.75, Berger Paints fell 8 cents to end at $5, with 14,021 units traded, Caribbean Cement rose 1 cent to close at $28 with 48,626 shares changing hands. Carreras gained 75 cents to end at a 52 weeks’ high of $63.50 with 15,180 units trading, Grace Kennedy closed at $84 with 10,283 units changing hands. Jamaica Broilers traded 406,083 units and gained $1.45 to $14.95, JMMB Group jumped $1.95 in trading 8,350 units to end at 52 weeks’ high of $13.70. Kingston Wharves rose 26 cents with 10,545 units changing hands at $11.45, Margaritaville Turks had 30,900 shares trading at a 52 weeks’ high of 15 US cents,JSE fn qts 12-02-16 Mayberry Investments gained 30 cents to close at $5 with 130,126 units traded, National Commercial Bank traded 347,478 shares to close at $41.50. Pulse Investments traded 5,000 shares to end at a 52 weeks’ high of $4.65 after rising by 45 cents, Sagicor Group rose 5 cents and closed at $23.05 with 370,399 units changing hands. Sagicor Real Estate Fund gained 20 cents to close at $12 while trading 10,023 shares, Scotia Group had 231,306 shares changing hands with a loss of $2.50 to close at $31.50. Scotia Investments had 14,374 units changing hands at $29, Supreme Ventures lost 45 cents to close at $5.75, with 511,615 units changing hands, Proven Investments ordinary share traded at 22 US cents with 34,100 units and JMMB 7.50% preference share traded 89,573 units to close at $2.15.

10 stocks rose on TTSE Thursday

Scotia Investments closed at a new high on TTSE

Scotia Investments closed at a new high on TTSE

A total of 10 stocks listed on the Trinidad & Tobago Stock Exchange rose on Thursday, 3 fell and 5 remained unchanged as 18 securities changed hands with 4 closing at 52 weeks’ highs and 2 at 52 weeks’ low. A total of 249,186 shares valued at $2,734,653 traded. The market closed with shares of Jamaican based companies remaining in good demand with two rising.
The Composite Index fell 4.80 points to close at 1,156.93, the All T&T Index dropped by 14.60 points to close at 1,909.70 and the Cross Listed Index gained 0.70 points to close at 53.39.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator has turned negative with 3 stocks with bids higher than the last selling price and 8 stocks with offers that were lower.
Gains| Agostini’s traded 146 shares with a rise of 1 cent at $17.01, Clico Investment Fund closed with 8,193 shares changing hands 1 cent higher at $22.52, FirstCaribbean International Bank traded 100 shares to close with a rise of 8 cents at a 52 weeks’ high of $5.20. Guardian Holdings gained 5 cents with 10,194 shares changing hands to close at $14.30, National Commercial Bank gained 4 cents in trading 1,000 shares to close at $2.40. Prestige Holdings gained 25 cents to close at a 52 weeks’ high of $10.50, Republic Financial Holdings gained 1 cent to close at $112.03 with 9,291 shares changing hands at a value of $ 1,040,828. Sagicor Financial Corporation closed with 38,642 shares changing hands, to end with a rise of 2 cents at a 52 weeks’ high of $6.52 and Scotia Investments rose 6 cents to end at a 52 weeks’ high of $1.70 (J$32.30) with 128,711 shares changing hands. At the close, there is a bid to buy 171,540 shares at $1.70 with no stock on offer.
TTSE sum 11-02-16 Losses| Massy Holdings traded 150 shares as the price ended 2 cents lower to close at new 52 weeks’ low of $59.50, National Enterprises dropped $1.17 to a 52 weeks low of $14.80 while trading 300 shares and Trinidad Cement lost 19 cents to end at $3.50 as 7,414 units changed hands.
Firm Trades| Berger paints traded 75 units at $3.67, Grace Kennedy traded at $4.50 (J$84.60) with 100 units trading, Scotiabank closed with 30 shares changing hands to end at $59.99, Trinidad and Tobago NGL traded 43,900 units valued at $834,105 to close at $19 and Unilever Caribbean ended with 10 shares trading at $67.82.