Sagicor Group traded 2.275 million shares and fell $3.49 to $30.01 by mid-morning on Thursday and was the main contributor to the more than 3,600 points fall in the main market of the Jamaica Stock Exchange closed in the morning session. The price recovered to close back at the closing price of the previous day but the market closed with more losses with Mayberry Investments trading more than 10 million shares with a loss of 57 cents.
The market closed on Thursday with 29 securities changing hands with 3 trading in the US dollar market. At the close, 10 stocks advanced and 10 declined. Trading levels in the main market ended at 14,040,895 units valued at $147,385,397 compared to 2,068,486 units valued at $25,621,686 at the close on Wednesday. Trading in the US dollar market accounted for 12,880 units valued at US$3,794.
The All Jamaica Composite Index dived 4,312.28 points to close at 259,935.85 and the JSE Market Index sank 3,928.98 points to finish at 236,830.99. The JSE US dollar market index added 2.34 points to close at 221.11.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 9 stocks with bids higher than their last selling prices and 4 with lower offers.
The main market ended trading with an average of 540,034 units valued at $5,668,669 per security traded, compared to an average of 86,187 units valued at $1,067,570 on Wednesday. The average volume and value for the month to date ended at 557,915 units with an average value of $7,436,562 compared with an average of 559,541 units with an average value of $7,597,279 on the previous trading day. The average volume and value for April ended at 382,748 units with an average value of $5,254,387.
In market activity, Berger Paints tumbled $4.16 to close at $19.34 in exchanging 32,091 shares, Cable and Wireless closed at $1.40, with 286,674 shares changing hands, Caribbean Cement traded 15 cents higher to close at $29.65 with 2,529 units traded, Carreras lost 20 cents, closing at $82.80 with an exchange of 100 shares, Grace Kennedy closed at $43, with trades of 44,917 units. Jamaica Broilers fell $1 and closed at $19, with 38,394 shares changing owners, Jamaica Producers closed at $15.99, with an exchange of 234,241 shares and Jamaica Stock Exchange gained 30 cents to close at $7.80 trading 11,187 shares. JMMB Group closed at $20.50, gaining 49 cents with trades of 8,300 units, Kingston Properties added $1.10 to close at $16.60 exchanging 4,650 shares, as the stock is set to start trading ex split on Friday.Kingston Wharves traded 1 cent higher to close at $31.50, with an exchange of 30,958 units, Mayberry Investments lost 57 cents to close at $4.18, with 10,252,750 shares changing hands, NCB Financial Group closed at $72, after trading 35,485 shares, PanJam Investment closed at $35.61, gaining 6 cents with trades of 411,523 shares. Portland JSX traded 20 cents lower to close at $10.10 with 725 shares changing hands, Pulse Investments closed at $14.40 exchanging 1,000 shares, Radio Jamaica closed at $1.69 after gaining 3 cents and trading 193,574 shares, Sagicor Group closed at $33.50 after recovering from $30.01 earlier in the day with trades of 2,292,158 shares, Sagicor Real Estate fund closed at $10.99, losing 6 cents while exchanging 13,883 units, Salada Foods lost 15 cents in closing at $7.85 with 9,000 shares being exchanged, Scotia Group closed at $41.51, losing 49 cents with 28,375 units changing hands, Scotia Investments traded 1,500 shares at $37.85, Seprod closed at $34.50, with a loss of 50 cents exchanging 5,630 shares, Supreme Ventures lost 9 cents to close at $7.40 trading of 64,251 shares. Margaritaville Turks closed at 37 US cents, gaining 3 US cents with 730 units traded, Proven Investments closed at 29 US cents trading 12,150 ordinary shares, JMMB 7.5% preference share gained 23 cents and closed at $2.05, while exchanging 2,000 units and JMMB Group 7.25% preference share gained 1 cent to close at $1.31 with trades of 35,000 units.
TTSE trading up prices mostly down
Trading levels rose on the Trinidad & Tobago Stock Exchange on Thursday with 18 securities changing hands but with 3 trading 3 shares or less. Trading levels on Thursday compares to 11 securities on Wednesday.
Ansa McAL and NCB Financial Group were the leading trades as 2 stocks advanced, 6 declined and 10 were unchanged. Trading closed with 687,180 shares trading at a value of $7,029,562 in contrast to Wednesday’s 40,355 shares valued at $222,744.
The Composite Index fell 2.13 points to 1,221.34, the All T&T Index declined 4.17 points to 1,798.56 and the Cross Listed Index lost 0.01 points to close at 86.36.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 2 with lower offers.
Gains| NCB Financial Group gained 5 cents to close at $4 trading 537,154 shares valued at $2,123,908 and Prestige Holdings closed at $10.90, with gains of 9 cents in exchanging 1,400 shares.
Losses| Ansa McAL traded $1 lower to close at $66.50, with 50,493 shares valued at $3,357,787, changing owners, Clico Investment traded 1 cent lower to close at $22.50 exchanging 1,800 shares and First Citizens lost 1 cent, closing at $31.99 with only 3 shares traded. National Flour Mills closed at $2.40, losing 7 cents with trades of 18,210 shares, Scotia Investments was down 1 cent to close at $2.69, with an exchange of 350 shares, and Unilever Caribbean closed at $53, with a loss of 51 cents trading 479 shares.
Firm Trades| Ansa Merchant Bank traded 8,000 shares at $40, Guardian Holdings closed at $15.80, with an exchange of 34,915 shares valued at $551,048 and JMMB Group exchanged 11,489 shares at $1.30. Massy Holdings traded 5,102 shares at $51.48, National Enterprises closed at $10.50 trading 350 shares, Point Lisas remained at $4, with an exchange of 6,954 shares, Readymix closed at $11, with trades of 7,794 shares. Republic Financial Holdings traded a mere 2 shares at $101.85, Scotiabank held firm at $58 exchanging 2,682 shares and West Indian Tobacco exchange only 3 shares at $126.49.
Trading activity fell back on Wednesday
Trading levels on the Trinidad & Tobago Stock Exchange fell on Wednesday in sharp contrast to prior days. The number of securities traded was 11 versus 20 on Tuesday with 3 stocks advancing, 2 declining and 6 holding firm.
A total of 40,355 shares were exchanged at a value of $222,744 compared to Tuesday’s 1,018,095 shares valued at $6,250,438.
The Composite Index fell 0.64 points to 1,223.47, the All T&T Index gained 0.06 points to 1,802.73 and the Cross Listed Index lost 0.19 points to close at 86.37.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 4 with lower offers.
Gains| Guardian Holdings gained 5 cents to close at $15.80 with trades of 5,000 shares, JMMB Group closed at $1.30, with gains of 2 cents while exchanging 15,215 shares and Point Lisas advanced 12 cents to close at a 52 weeks’ high of $4, with an exchange of 150 shares.
Losses| NCB Financial Group closed at $3.95, with a loss of 4 cents trading 14,000 shares and One Caribbean Media closed at $16.60, losing 20 cents with 700 shares changing hands.
Firm Trades| Clico Investment traded a mere 44 shares at $22.51, National Flour Mills closed at $2.47, with an exchange of 1,000 shares, Republic Financial Holdings exchanged 325 shares at $101.85. Trinidad Cement traded 3,823 shares at $4.20, Trinidad & Tobago NGL held firm at $22 trading 45 shares and Unilever Caribbean closed at $53.51, with trades of 53 shares.
14 of 20 stocks traded firm on Tuesday
Securities trading on the Trinidad & Tobago Stock Exchange on Tuesday climbed to 20 compared to 17 on Monday and ended with 14 remaining unchanged in price at the close as the main market index rose moderately.
The market closed with 4 stocks advancing, 2 declining and 14 unchanged as 1,018,095 shares traded at a value of $6,250,438 compared to Monday’s 494,919 shares valued at $3,055,994.
The Composite Index gained 1.84 points to 1,224.11, the All Index advanced 3.91 points to 1,802.67 and the Cross Listed Index lost 0.04 points to close at 86.56. IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| Ansa McAL jumped $1.11 to close at a 52 weeks’ high of $67.50 while exchanging only 17 shares, Clico Investment traded at $22.51, with a 1 cent gain and a mere 131 shares changing hands, Grace Kennedy added 1 cent, closing at $2.80, with an exchange of 550,572 shares valued at $1,530,762 and Sagicor Financial closed at $9.02, gaining 1 cent with trades of 373,000 units valued at $3,360,307.
Losses| National Enterprises traded 3 cents lower to close at $10.50 exchanging 36,889 shares valued at $387,679 and Prestige Holdings closed at $10.81, losing 19 cents with 535 shares changing hands.
Firm Trades| First Citizens traded 128 shares at $32, First Caribbean International closed at $8 exchanging 245 shares, Guardian Holdings exchanged 7,375 shares at $15.75, JMMB Group remained at $1.28 with trades of 11,941 shares. Massy Holdings closed at $51.48 trading 10,148 shares valued at $522,419, National Flour exchanged 1,790 shares at $2.47, NCB Financial Group closed at $3.99, with 492 shares changing owners and Praetorian Property Mutual Fund closed at $3.03, with an exchange of 6,000 units. Republic Financial Holdings traded 250 shares at $101.85, Scotiabank closed at $58 with trades of 100 shares, Scotia Investments closed at $2.70 with 364 shares changing hands. Trinidad Cement traded 8,677 shares at $4.20, Trinidad & Tobago NGL exchanged 9,432 shares at $22 and West Indian Tobacco traded just 9 shares at $126.49.
Advancers edge out decliners 5 to 4
Trading on the Trinidad & Tobago Stock Exchange remained subdued on Monday and resulted in 17 securities changing hands, compared to 13 on Friday. Advancing stocks just edged out declining ones at the close.
The market closed with 5 stocks advancing, 4 declining and 8 unchanged as 494,919 shares traded at a value of $3,055,994 compared to Friday’s 296,692 shares valued at $2,461,941.
The Composite Index added 0.11 points to 1,222.27, the All T&T Index declined 0.54 points to 1,798.76 and the Cross Listed Index gained 0.10 points to close at 86.60.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 3 with lower offers.
Gains| Grace Kennedy gained 2 cents to close at $2.79 trading 7,175 shares, Guardian Holdings advanced 10 cents, closing at $15.75 while exchanging 5,760 shares, JMMB Group added 1 cent, to end at $1.28 with 112,243 shares changing hands, Massy Holdings closed at $51.48, with gains of 3 cents trading 2,496 shares and Unilever Caribbean closed at $53.51, gaining 1 cent exchanging just 36 shares.
Losses| Ansa McAL closed at $66.39, losing 11 cents with a mere exchange of 40 shares, Clico Investment traded at $22.50, losing 1 cent with 5,230 shares changing hands, National Flour Mills lost 1 cent to close at $2.47 trading 210 shares, and Sagicor Financial closed at $9.01, with a loss of 7 cents exchanging 168,291 shares valued at $1,517,184.
Firm Trades| First Citizens traded 2,210 shares at $32, National Enterprises closed at $10.53 exchanging 17,645 shares, NCB Financial Group closed at $3.99, with 123,584 shares valued at $493,100 changing owners, Point Lisas exchanged 20,000 shares at $3.88. Republic Financial Holdings traded only 17 shares at $101.85, Scotiabank closed at $58, with 932 shares changing hands, Trinidad & Tobago NGL exchanged 1,610 shares at $22 and Trinidad Cement traded 27,440 shares at $4.20.
Trinidad stocks close with firmer tone – Friday
Prices on the Trinidad & Tobago Stock Exchange closed firmer on Friday than for some time now with the number of stocks having bids higher than the last selling overwhelming those with lower offers.
Trading closed with 13 securities changing hands compared to 12 on Thursday, resulting in 5 stocks advancing, 3 declining and 5 holding firm. Traded volume ended with 296,692 shares exchanged valued at $2,461,941 compared to Thursday’s 159,618 shares valued at $7,100,011.
The Composite Index advanced 0.37 points to 1,222.16, the All T&T Index gained 0.17 points to 1,799.30 and the Cross Listed Index gained 0.08 points to close at 86.50.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 8 stocks with bids higher than last selling prices and 2 with lower offers.
Gains| First Citizens gained 10 cents to close at $32 exchanging 100 shares, Guardian Holdings added 5 cents, closing at $15.65, with trades of 35,423 shares valued at $554,370, JMMB Group closed at $1.27, with a 1 cent gain trading 88,412 shares, Point Lisas gained 1 cent to close at a 52 weeks’ high of $3.88 exchanging 10,000 shares and Sagicor Financial closed at $9.08, gaining 3 cents with 10,000 shares changing hands.
Losses| Guardian Media traded 25 cents lower to close at a 52 weeks’ low of $18.40, exchanging 348 shares, NCB Financial Group lost 1 cent to close at $3.99 with trades of 100,000 shares valued at $399,000 and Trinidad & Tobago NGL closed at $22, losing 30 cents with 2,000 shares changing hands.
Firm Trades| Clico Investment traded 38,093 shares at $22.51 valued at $857,413, National Enterprises closed at $10.53 exchanging 9,000 shares and National Flour Mills closed at $2.48 with trades of 350 shares. Scotia Investments exchanged 925 shares at $2.70 and West Indian Tobacco traded 2,041 shares at $126.49.