The main market of the Jamaica Stock Exchange continues its bullish mood as trading closed with the 8 consecutive record on Tuesday, with the JSE All Jamaican Composite Index climbing 1,582.36 points to a record 316,696.32 and the JSE Index advancing 1,441.71 points to a record 288,546.16.
In the main activity, NCB Financial climbed back by $4 to close at $107 with 72,595 trading and Productivity Business traded 400 preference shares for a gain of $5 to close at a record high $105.
Berger Paints jumped 97 cents to close at $16, with 263,833 shares, this compares with the price of $10.88 that company’s majority shareholder offered, to buy out the minority shares and the company’s directors recommended as a fair value. Cable & Wireless traded 2 cents higher at $1.09, with 124,962 units, Caribbean Cement ended 50 cents higher at $28.60, with 82,419 shares, Carreras concluded trading 1 cent higher at $11.50, with 505,010 shares, Grace Kennedy settled 20 cents higher at $43, with 3,036 stock units, Jamaica Broilers ended with a loss of 49 cents at $18, after trading 13,309 units, Jamaica Producers finished at $16, with 5,905 stock units. Jamaica Stock Exchange traded 30 cents higher at $7, with 12,934 shares, JMMB Group closed with a loss of 50 cents at $27, trading 264,989 units, Kingston Wharves ended at $31.50, with 8,255 shares, Mayberry Investments closed with a loss of 40 cents at $4.20, with 73,720 stock units trading, 138 Student Living ended trading 9,581 shares at $5.40. PanJam Investment settled with a loss of $1.99 at $40, exchanging 925 units, Portland JSX gained 15 cents to end at $9.15, with 1,800 stock units, Pulse Investments concluded trading with a loss of 40 cents at $1.60, with 2,750 shares changing hands, Radio Jamaica settled at $1.15, with 50,837 stock units, Sagicor Group jumped 99 cents higher to $39.99, with 18,676 shares. Sagicor Real Estate Fund settled 15 cents higher at $14.15, with 580,923 stock units, Scotia Group closed 50 cents higher at $51, with 2,453,400 units trading, Seprod closed at $30, with 38,390 shares and Supreme Ventures finished 9 cents higher at $11.99, with 763,256 stock units. In the main market preference segment, JMMB Group finished trading with a loss of 1 cent at $1.10, with 5,568,368 units.
Prices of securities trading for the day are those at which the last trade took place.
2 Jamaican stocks closed at record high
Trading on the Trinidad & Tobago Stock Exchange closed on Tuesday with 15 securities changing hands compared to 17 on Monday. NCB Financial Group and JMMB Group attained new 52-week highs of $5.55 and $1.73 respectively.
At the close, 6 stocks advanced, 4 declined and 5 held firm as 649,685 shares traded at a value of $4,049,106 compared to Monday’s trades of 251,273 valued at $2,661,981.
The Composite Index advanced 4.55 points to 1,249.97, the All T&T Index declined by 1.77 points to 1,760.83 and the Cross Listed Index climbed higher by 1.49 points to 99.44.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 1 stock with bids higher than last selling prices and 5 with lower offers.
Prices reported, are those of the last trade of each security and the volumes changing hands during trading.
Gains| First Citizens gained 4 cents, closing at $31.80 with 1,909 units, Grace Kennedy ended at $2.89, with a 1 cent gain trading 41,500 shares, JMMB Group closed at a 52 weeks’ high of $1.73, after rising 3 cents with 35,854 shares. NCB Financial Group traded 20 cents higher to a 52 weeks’ high of $5.55 with 61,500 shares valued at $341,175, Trinidad Cement rose 5 cents and closed at $4 with trades of 415,625 shares valued at $1,662,000 and Trinidad & Tobago NGL rose 4 cents, settling at $23.10 exchanging 7,522 shares.
Losses| Ansa Merchant Bank ended trading with a loss of 5 cents, to close at $39.95 with 240 units, Clico Investment dropped 40 cents, closing at $21 trading 30,854 shares valued at $647,934, Massy Holdings ended at $49, having lost $1 exchanging a mere 5 units and Point Lisas closed 19 cents lower to $3.81 with 1,963 units.
Firm Trades|Angostura Holdings remaining at $15 with 50,000 shares valued at $750,000, Guardian Holdings closed at $15.26 with 645 units and National Enterprises traded 39 units at $10. Republic Financial Holdings exchanged 1,975 units at $101.79 and Scotiabank closed at $58.05 with 54 units.
Prices of 5 stocks slipped 1 rise
Trading on the Trinidad & Tobago Stock Exchange closed on Monday with 17 securities changing hands compared to 14 on Friday with NCB Financial reaching a new high of $5.35 with gains of 3 cents, trading 5,448 shares.
The market ended with 1 stock advancing, 4 declining and 12 holding firm as a mere 251,273 shares traded at a value of $2,661,981 compared to Friday’s trades of 309,397 valued at $2,564,070.
The Composite Index lost 0.25 points to 1,245.42, the All T&T Index declined by 2.00 points to 1,762.60 and the Cross Listed Index added 0.21 points to close at 97.95.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 1 stock with bids higher than last selling prices and 5 with lower offers.
Losses| Grace Kennedy fell 2 cents, closed at $2.88 with 6,270 shares trading, Massy Holdings lost 1 cent to settle at $50 with 1,193 units, Scotiabank ended at $58.05, losing 1 cent in trading 2,698 shares and Trinidad Cement closed 26 cents lower to $3.95 while exchanging only 250 units.
Firm Trades| The last traded prices of securities and the volume traded unchanged at the close of the market are Angostura Holdings closing at $15 with 39,700 shares valued at $595,500, Ansa McAL trading 1,262 units at $63.01, Clico Investment remained at $21.40 trading 24,000 units valued at $513,052. First Citizens closed at $31.76 with 5,198 shares. Guardian Holdings held firm at $15.26 with 7,427 shares trading, JMMB Group ended at $1.70 with trades of 120,896 shares, National Enterprises closed at $10 with 700 units. National Flour Mills remained at $2 with 1,900 units, Point Lisas exchanged 5,000 shares at $4, Prestige Holdings traded 174 units, closed at $10.75, Republic Financial Holdings settled at $101.79 with 256 units and Trinidad & Tobago NGL exchanged 28,901 shares at $23.06 valued at $666,251.
TTSE remains under pressure
Trading on the Trinidad & Tobago Stock Exchange closed on Friday with 14 securities changing hands compared to 12 on Thursday with 3 rising, 4 falling and 7 were left unchanged.
The market closed with two securities trading at 52 weeks’ low and one at 52 weeks’ high.
At the close, only 309,397 shares traded at a value of $2,564,070 compared to Thursday’s trades of just 162,830 units valued at $1,808,056.
The Composite Index dropped 2.97 points to 1,245.67, the All T&T Index declined by 6.08 points to 1,764.60 but the Cross Listed Index added 0.03 points to close at 97.74.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| At the close of trading NCB Financial Group closed at a new 52 weeks’ high of $5.32, having gained 1 cent with 400 units. Scotiabank rose 1 cent and closed at $58.06 with 22,071 shares valued at $1,281,442 changing hands and Trinidad &Tobago NGL settled at $23.06, rising 5 cents with 4,250 shares having traded.
Losses| Massy Holdings ended with a loss of 46 cents, to close at $50.01 after trading just 50 units, National Enterprises fell by 35 cents to a 52 weeks’ low of $10 with 300 shares trading, Sagicor Financial lost 25 cents and closed at $7.75, with 11,460 shares changing hands and Unilever Caribbean dropped $1.90 lower to a 52 weeks’ low of $40 in exchanging a mere 10 units.
Firm Trades| Securities trading unchanged at the close are Ansa McAL with 290 units at $63.01. Ansa Merchant Bank exchanged 3,156 shares at $40, First Citizens remained at $31.76 with 3,388 shares, Grace Kennedy closed at $2.90 with 15,000 shares. Guardian Holdings ended at $15.26 with 23,120 shares valued at $352,811, JMMB Group held firm at $1.70 while trading 225,372 shares valued at $383,132 and Republic Financial Holdings settled at $101.79 with 530 units.
Record close for Jamaican stocks on TTSE
Trading on the Trinidad & Tobago Stock Exchange recommenced on Thursday, after a public holiday on Wednesday, with 12 securities changing hands compared to 11 on Tuesday.
The Jamaican based JMMB Group and NCB Financial Group moved to new 52-week highs of $1.70 and $5.31 respectively while Republic Financial Holdings led with 60 percent of the value of securities traded.
At the close, 5 stocks advanced, 2 declined and 5 were unchanged as 162,830 shares traded at a value of $1,808,056 compared to Tuesday’s trades of 452,687 valued at $3,307,105.
The Composite Index advanced 2.01 points to 1,248.64, the All T&T Index gained 0.18 points to 1,770.68 and the Cross Listed Index added 0.53 points to close at 97.71.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 7 with lower offers.
Gains| Agostini’s ended with a gain of 1 cent and closed at $20.53 in exchanging 3,640 shares, JMMB Group traded 10 cents higher to a 52 weeks’ high of $1.70, with 106,000 shares trading, NCB Financial Group closed at a 52 weeks’ high of $5.31, rising 1 cent with 26,926 shares. Republic Financial Holdings gained 3 cents to settle at $101.79 with 10,572 shares valued at $1,076,113 and Scotiabank climbed 3 cents to $58.05 with 525 units changing hands.
Losses| The securities declining in trading are, Massy Holdings closing at $50.47, after falling by 3 cents in trading 411 units and Trinidad & Tobago NGL ended with a loss of 1 cent, at $23.01 with 1,930 units.
Firm Trades| Securities traded unchanged at the close, are Angostura Holdings closing at $15 with 1,000 units, Ansa McAL trading 740 units at $63.01, First Citizens ending at $31.76 with 3,000 shares, Grace Kennedy exchanging 3,391 shares at $2.90 and Guardian Holdings holding firm at $15.26 with 4,695 shares traded.