The Jamaica Stock Exchange main market fell on Tuesday as Grace Kennedy, Scotia Group and Scotia Investments fell by more than $2, while JMMB Group and Pan Jam fell by nearly $1 but the junior market continued on its merry way to record yet another new high.
At the close, 9,739,157 units valued at $109,231,948 changed hands in all markets with the junior market accounting for 5,129,787 units, valued at $30,252,961.
The JSE Market Index declined by 696.34 points to 157,080.25, the all Jamaica Composite Index fell 778.20 points to end at 174,502.33 and the JSE combined index rose 225.21 points to close at 169,405.13.
Trading resulted in 44 active securities in all market segments as 14 in the combined markets gained and 19 declined. Six stocks closed at 52 weeks’ highs.
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 14 stocks with bids higher than their last selling prices and 7 with lower offers.
In trading, Barita Investments traded 10,275 shares and added 5 cents to close at $4, Berger Paints ended with 199,897 shares trading at $3.90, for a rise of 21 cents. Cable and Wireless ended with 177,451 units changing hands to close at $1.40, Caribbean Cement ended at $25, with 138,475 shares trading, Carreras closed at $61 with 20,149 units changing hands. Ciboney traded only 198,400 shares with price falling 1 cent to 25 cents, Gleaner Company traded 118,100 shares to close at $2.70, Grace Kennedy fell sharply by $4.13 as 117,534 units changed hands at $80.30. Hardware and Lumber fell 50 cents with 7,000 units trading at $18, Jamaica Broilers gained 25 cents to close at $11.20 with 124,946 shares changing hands, for a new 52 weeks’ high, JMMB Group traded 666,056 units and fell 95 cents cents to end at $12, Kingston Wharves traded 23,575 units at $11.25.
Mayberry Investments traded 426,379 shares and gained 5 cents to end at $4.70, National Commercial Bank fell 2 cents to end at $41.49, with 163,857 units changing hands, Pan Jamaican Investments fell 99 cents to close at $95.01 with 109,010 shares trading. Radio Jamaica trade just 200 shares but closed with a gain of 10 cents to a 52 weeks’ high of $5.60, Sagicor Group closed at $23 with 109,760 units changing hands, Sagicor Real Estate Fund traded 9,000 shares at $11.60, Scotia Group lost $2.65 to close with 289,935 shares changing hands at $30.10. Scotia Investments dropped $2.22 to close at $26.80 after 61,048 units traded, Seprod traded 18,206 units and fell 60 cents to end at $20, Supreme Ventures fell 3 cents to end at $4.63 with 754,726 units changing hands and Proven Investments ordinary share traded 612,564 units to end at 21.75 US cents, down from 22.87 US cents.
TTSE continues to consolidate
Activity on the Trinidad and Tobago Stock Exchange continued with sideways movement of prices with trading in 11 securities on Monday. Two of the three market indices rose marginally as 2 stocks advanced, 4 declined, with the prices of 5 remaining unchanged. A total of 182,264 shares changed hands valued at $1,407,917.
The Composite Index ended with a gain of 0.56 points to 1,161.91 the All T&T Index fell 0.55 points to 1,941.78 and the Cross Listed Index gained 0.23 to end at 50.33.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator had 5 stocks with bids higher than the last selling price and 6 stocks with offers that were lower.
Gains| National Commercial Bank closed with a gain of 1 cent at $2.20 while trading 62,936 shares and Sagicor Financial Corporation closed with 100,450 shares carrying a value of $652,835 changing hands and ended with a rise of 20 cents to $6.50 for a 52 weeks’ high.
Declines| Massy Holdings ended with 73 shares changing hands as the price dropped 10 cents for a 52 weeks’ low of $61.30, Republic Financial Holdings closed at $112 with 1,226 shares changing hands
West Indian Tobacco ended with a loss of 2 cents to close at $126.27 as 1,177 shares changed hands and Unilever Caribbean ended with 135 shares trading, the price fell 55 cents to close at $67.75.
Firm Trades| Clico Investment Fund traded 2,007 shares to close at $22.75, First Citizens had 3,109 units changing hands at $35, Grace Kennedy closed at $4.04 with 2,481 shares changing hands, One Caribbean Media traded 5,500 shares at $22 and Prestige Holdings contributed 3,170 shares to end at $10.17.
5 stocks rose on TTSE – Thursday
In trading activity on the Trinidad and Tobago Stock Exchange 14 securities changed hands on Thursday but two of the three market indices declined marginally. A total of 5 stocks advanced and 3 declined, with the prices of 6 remaining unchanged. A total of 326,731 shares changed hands valued at $4,547,430.
The Composite Index ended with a decline of 0.07 points to 1,160.03, the All T&T Index rose 0.06 points to 1,942.91 and the Cross Listed Index loss 0.03 to end at 49.66.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator had 5 stocks with bids higher than the last selling price and 6 stocks with offers that were lower.
Gains| Agostini’s traded 2,000 shares and gained 1 cent to close at $17.01, Clico Investment Fund traded 40,900 shares and rose 4 cent to end at $22.76, Guardian Holdings ended with 8,320 shares trading at $13.33 for a gain of 2 cents. Republic Financial Holdings gained 2 cents to close at $111.99 with 172 shares changing hands and Sagicor Financial Corporation closed with 2,819 shares changing hands, to end at $6.28 for a 2 cents rise.
Declines| Angostura Holdings closed with a loss of 1 cent at a 52 weeks’ low of $13.74 with 3,435 shares changing hands,
JMMB Group traded 122,877 shares but lost 1 cent in closing at 53 cents and Massy Holdings ended with 55 shares changing hands as the price dropped 1 cent to end at a 52 weeks’ low of $61.39.
Firm Trades| First Citizens ended with 87,905 units with a value of $3,076,675 changing hands at $35, Grace Kennedy closed at $4.04 with 55,000 shares changing hands, National Commercial Bank closed at $2.12 while trading 624 shares. National Flour traded 2,027 shares to close at $2.60, Trinidad and Tobago NGL ended at $21.50 with 575 shares changing hands and Unilever Caribbean closed with 22 shares trading at $68.30.
JSE continues in positive mode
The Jamaican stock market is off to more measured trading, early Wednesday with all major indices recording gains in mid-morning trading but leading to a number of stocks recording new 52 weeks’ highs up to 10.45 am. A total of 33 securities traded amounting to 1,556,075 units changing hands with 14 rising, while 9 declined.
The all Jamaica Composite Index rose 661.58 points to 169,133.35 the
JSE Market Index gained 591.99 points to 152,276.03 the JSE combined index added 8601.65 points to 160,235.23 and the junior market index is up 4.76 points to 1,843.75.
Trading volumes were generally low, but there have been some interest in a number of stocks including Cable & Wireless with 186,335 shares trading at $1.35, Gleaner trading 262,000 units at $2.50, Jamaica Stock Exchange with 37,839 units at $18.60, JMMB Group with 72,026 units trading at $10.45, National Commercial Bank with 5,168 units at a new high of $41, Radio Jamaica at $4.50 with 24,280, Cargo Handlers trading at a new high of $37.65 with 126 shares, C2W Music at 43 cents for a new 52 weeks’ high with 47,290 shares changing hands, Caribbean Cream with 54,293 units at $3.89, General Accident with 79,400 units at $2, Lasco Distributors with 3,538 shares trades at a new high of $5.72 and Lasco Manufacturing with 641,051 units at $3.50 after trading earlier at $3.60.
JSE 2,940 points intraday gains melt to 240
The JSE Market Index rose 214.68 points to 151,684.04, the all Jamaica Composite Index gained 239.92 points to end at 168,471.77 and the JSE combined index gained 418.68 points to close at 159,633.58.
At the close, 5,096,460 units valued at $149,875,337 changed hands in all markets with the junior market accounting for of 1,801,000 units changed hands, valued at $7,668,101. Trading was broad based with a total of 44 securities being active in all market segments. Of the stocks trading 17 in the combined markets gained and 8 declined. Five stocks traded at 52 weeks’ closing high and 2 at intraday 52 weeks’ high as investors’ continue to push prices higher.
The main market was facing resistance around the 165,000 points level, on the all Jamaica composite index, now that it has crossed it and seems to be moving away, this level appears to be gathering strength to offer support for the market.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 8 with lower offers.
In trading, Berger Paints ended with 27,839 shares trading at $3.15 for a loss of 5 cents, Cable and Wireless rose 2 cents with 88,799 units changing hands to close at $1.40, but the stock was on offer at $1.35 at the close. Caribbean Cement dropped 94 cents to end at $19.50, with 5,019,013 shares trading, Carreras closed at $60.85, with 1,640 units changing hands for a rise of 85 cents, Desnoes and Geddes traded 136,442 shares but closed down 95 cents to $29.05, Gleaner Company traded 20,000 shares at $2.05 with a 35 cents gain. Grace Kennedy with 11,249 units changing hands, finished 20 cents higher at $84.20, Jamaica Broilers fell 5 cents and closed at $10.45 with 34,091 shares changing hands, Jamaica Producers traded 2,141 shares to end at $32, Jamaica Stock Exchange fell 39 cents while trading 42,101 shares to close at $18.60. JMMB Group traded 331,521 units and rose 25 cents to end at $10.45, Kingston Wharves traded 21,296 units at $11.35, Mayberry Investments had 33,628 units changing hands for $4.35, National Commercial Bank gained 8 cents to end at a 52 weeks’ high of $40.58, with 26,683 units changing hands.
138 Student Living had 138,798 units trading at $4.60 after rising to an intraday high of $4.70, Radio Jamaica had 215,062 shares trading with a gain of 92 cents to end at $5, but with 211,797 units selling for $4.20 and lower. Sagicor Group rose 19 cents to close at a 52 weeks’ high of $20.19 with 3,200 units changing hands, after it traded as high as $22. Scotia Group had 92,420 shares changing hands at $30.01 and Supreme Ventures ended at $4.66 with 76,838 units changing hands and Jamaica Money Market Brokers 7.50% preference share traded 15,947 units to end at $1.98.
JSE continues in positive mode
Stocks continue to trade on a positive note with all major indices increasing in mid-morning trading to new record highs and a number stocks recording new 52 weeks’ highs up to 11 am. Interest in the stocks is wide spread with 34 securities traded
amounting to 1,456,993 units changing hands with 14 rising, while 7 declined.
The all Jamaica Composite Index rose 851.87 points to 169,083.72 the JSE Market Index gained 762.26 points to 152,231.62 the JSE combined index added 880.33 points to 160,095.23 and the junior market index is up 17.99 points to 1,832.77.
Trades of some interest include Hardware & Lumber with 300,000 units at $18.50, National Commercial Bank with 2,956 units at a new high of $40.65, 138 Student Living with 138,798 shares at $4.60, Radio Jamaica back at $5 with a small volume, General Accident with 63,115 units at $2.19, Jamaican Teas with 37,500 shares at a new 52 weeks’ of $5.25, Lasco Distributors with 220,487 shares at $5.52 but after trading at $5.60 and Lasco Manufacturing with 172,614 units at $3.55.













