Main market in consolidation mode

The Main Market of the Jamaica Stock Exchange closed moderately higher on Thursday with just 20 securities changing hands, resulting in 2,566,192 units valued at $67,621,781 traded.
At the close of trading, 4 securities advanced, 9 declined and 8 traded firm leading to the JSE All Jamaican Composite Index inched higher by 166.44 points to close at 320,626.86 and the JSE Index rose just 151.64 points to close at 292,127.34.
In the main activity, Berger Paints closed at $15, with 26,148 shares, Cable & Wireless concluded trading with a loss of 4 cents at $1.05, with 312,850 shares, Caribbean Cement finished trading at $33, with 1,166 stock units, Carreras settled at $11.50, with 301,939 units, Grace Kennedy settled with a loss of 30 cents at $42.70, with 89,708 shares. Jamaica Broilers ended trading at $18.90, with 740,517 stock units, Jamaica Producers finished trading at $15.80, with 20,982 units, Jamaica Stock Exchange ended at $7, with 3,015 shares, JMMB Group closed at $29.50, with 79,059 shares. Kingston Wharves concluded trading 10 cents higher at $32.60, with 55,930 units, Mayberry Investments finished at $5, with 400 shares, NCB Financial Group finished with a loss of $1.16 at $106.85, with 198,782 shares, PanJam Investment finished 45 cents higher at $43, with 25,550 units. Portland JSX ended trading $1.15 higher at $8.65, with 800 shares, Pulse Investments concluded trading with a loss of 10 cents at $1.80, with 400 shares, Radio Jamaica ended with a loss of 2 cents at $1.13, with 52,971 stock units, Sagicor Group finished trading with a loss of 2 cents at $37.98, with 166,163 units. Sagicor Real Estate Fund concluded trading with a loss of 20 cents at $15, with 6,100 shares, Scotia Group settled 50 cents higher at $51.50, with 168,909 stock units, Seprod closed with a loss of 99 cents at $28.01, with 2,146 units and Supreme Ventures ended trading with a loss of $1.10 at $11.90, with 313,557 shares. In the US dollar Equities market, Magaritaville ended trading 500 units at 20 US cents after dropping 10 cents and Proven Investments ordinary share traded 11,500 units at 23 US cents 23.
Prices of securities trading for the day are those at which the last trade took place.

NCB at record high in Trinidad

NCB trades at record TT$6.50 or J$123.50 on the TTSE on Friday.

Trading on the Trinidad & Tobago Stock Exchange on Friday resulted in 13 securities changing hands compared to 18 on Thursday with NCB Financial Group climbing to a 52 weeks’ high of $6.50 while Ansa McAL led trading with 65 percent of the value of securities traded.
The market closed with 3 stocks advancing, 2 declining and 8 unchanged as 360,606 units traded at a value of $6,717,397 compared to Thursday’s trades of 458,073 units valued at $5,509,500.
The Composite Index dropped 0.68 points to 1,289.26, the All T&T Index declined by 2.85 points to 1,753.55 and the Cross Listed Index continued its rise, adding 0.21 points to close at 111.23.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 2 stocks with bids higher than last selling prices and 4 with lower offers.
Gains| At the close of the market NCB Financial Group rose 5 cents, to a 52 weeks’ high of $6.50 trading 80,545 shares valued at $523,543, Republic Financial Holdings traded 13 cents higher, closing at $101.89 with 3,460 shares valued at $352,307 and Trinidad & Tobago NGL gained 1 cent to close at $23.50 exchanging 6,099 shares.
Losses| Clico Investment lost 16 cents, and closed at $21.04 while exchanging 22,594 shares valued at $475,282 and National Enterprises closed 25 cents lower to a 52 weeks’ low of $9.75 with 2,337 shares.
Firm Trades| In trading on Friday Ansa McAL closed at $63.03 trading 69,500 shares valued at $4,379,985, Grace Kennedy settled at $2.95 with 58,902 shares trading, Guardian Holdings closed at $15 with 17,000 shares, JMMB Group held firm at $2.07 with 44,840 shares. Massy Holdings remained at $49.50 exchanging 2,303 shares, National Flour Mills closed at $1.99 with trades of 40,000 shares, Sagicor Financial exchanged 13,000 shares at $8 and Unilever Caribbean ended at $38.75 with just 26 units.

JSE main market needs a catalyst

The Main Market of the Jamaica Stock Exchange seems to be stuck around the 320,000 points level and needs a catalyst to moving it.
NCB Financial was expected to have done so but they their full year’s results although up strongly was already baked into the price as such it never moved the market much as investors were very constrained in trading it on Friday.
In trading, 22 securities changed hands with the market indices rising moderately at the close, as 6 securities rose, 8 declined and 8 traded firm with 5,777,201 units valued at $107,680,730 trading while 2 securities traded in the US dollar market.
In the main activity, Berger Paints finished trading at $15, with 57,707 shares changing hands, Cable & Wireless closed at $1.05, with 136,005 shares, Caribbean Cement finished with a loss of $1.99 at $31.01, with 4,936 stock units trading. Carreras settled at $11.50, with 469,478 units, Grace Kennedy ended with a loss of 20 cents at $42.50, while 17,221 shares traded, Jamaica Broilers fell 40 cents to $18.50, with 53,740 stock units, Jamaica Producers ended with a loss of 60 cents at $15.20, with 4,061,507 units changing hands. Jamaica Stock Exchange fell 1 cent to $6.99, with 53,928 shares, JMMB Group finished $1 higher to end at a 52 weeks’ high of $30.50, with 58,275 stock units, Kingston Wharves traded with a loss of 10 cents at $32.50, with 70,928 units, Mayberry Investments traded at $5, with 139,224 shares. NCB Financial Group concluded trading $1.15 higher at $108, with 160,919 shares, 138 Student Living finished trading at $6, with 8,500 shares, 1834 Investments settled with a loss of 5 cents at $1.30, with 1,281 stock units, PanJam Investment finished at $43, with 2,000 units, Portland JSX ended 45 cents higher at $9.10, with 2,000 shares, Pulse Investments ended trading at $1.80, with 3,048 shares. Sagicor Group traded 2 cents higher at $38, with 226,496 units, Sagicor Real Estate Fund ended at $15, with 7,000 shares, Scotia Group concluded trading with a gain of 36 cents to $51.86, with 87,257 stock units, Seprod ended $1.99 higher at $30, with 828 units and Supreme Ventures concluded trading with a loss of 13 cents at $11.77, with 154,923 shares. In the US equity market, JMMB Group 6 percent preference share ended trading with 15,000 units $at US$1.121 and Proven Investments ordinary share traded 14,583 stock units at 23 US cents.
Prices of securities trading for the day are those at which the last trade took place.

JSE main market ends with losses Wednesday

More stocks closed with gains than with losses, on Wednesday on the Main Market of the Jamaica Stock Exchange as 25 securities changed hands, with 12 advancing, 8 declined and 5 traded firm as 6,096,729 units valued at $100,198,639 traded.
Price movements resulted in moderate fall in the market indices at the close.
In the main activity, Barita Investments traded with a loss of 2 cents at $8.88, with 28,307 units, Berger Paints concluded trading 50 cents higher at $15, with 19,008 shares, Cable & Wireless closed with a loss of 1 cent at $1.09, with 1,256,447 shares, Caribbean Cement traded $1 higher at $33, with 14,395 stock units. Carreras concluded trading at $11.50, with 1,097,819 units, Ciboney Group settled 2 cents higher at $0.17, with 4,000 shares, Grace Kennedy finished at $43, with 32,084 shares, Jamaica Broilers finished trading with a loss of 9 cents at $18.90, with 22,921 stock units. Jamaica Producers traded 20 cents higher at $15.80, with 32,668 units, Jamaica Stock Exchange finished trading 1 cent higher at $7, with 35,412 shares, JMMB Group concluded trading 14 cents higher at $29.50, with 199,909 shares, Kingston Wharves ended trading with a loss of 50 cents at $32.50, with 3,491 units. Mayberry Investments closed with a loss of 5 cents at $5, with 1,000 shares, NCB Financial Group traded 1 cent higher at $108.01, with 279,573 shares changing hands, 1834 Investments finished 5 cents higher at $1.35, with 400 stock units, PanJam Investment concluded trading with a loss of 45 cents at $42.55, with 21,820 units, Radio Jamaica ended trading 2 cents higher at $1.15, with 3,500 stock units. Sagicor Group settled 40 cents higher at $38, with 54,460 units, Sagicor Real Estate Fund concluded trading 20 cents higher at $15.20, with 546,470 shares, Scotia Group traded with a loss of 80 cents at $51, with 502,155 stock units, Seprod finished trading with a loss of 75 cents at $29, with 103,599 units and Supreme Ventures concluded trading 50 cents higher at $13, with 426,660 shares. In the main market preference segment, Jamaica Money Market Brokers7.25% preference share ended 14 cents higher at $2.49, Jamaica Money Market Brokers7.5% preference share ended 14 cents higher at $1.85, with 399,000 stock units, JMMB Group 7.5% preference share ended at $1.10, with 1 million stock units and Proven Investments traded 45,180 units in the US dollar market unchanged at 57.51 US cents.

Prices of securities trading for the day are those at which the last trade took place.

NCB at J$122.50 in Trinidad

NCB trades at TT$6.45 or J$122.50 on the TTSE on Wednesday.

NCB Financial Group rose to a record 52-week high of $6.45 (J$122.50) after advancing 24 cents with 14,386 shares changing hands, Unilever Caribbean that suffered from major reversal of profits from 2014, tumbled to a 52-week low of $38.75 with a loss of $1.25 trading 1,200 units on the Trinidad & Tobago Stock Exchange on Wednesday.
Trading resulted in 15 securities changing hands compared to 16 on Tuesday as 3 stocks advanced, 4 declined and 8 held firm, leading to 350,612 shares trading at a value of $4,377,442, compared to Tuesday’s trades of 656,483 units valued at $7,023,258.
The Composite Index advanced 4.61 points to 1,288.64, the All T&T Index gained 0.35 points to 1,754.88 and the Cross Listed Index rose 1.22 points to close at 110.87.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 3 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| Three stocks rose at the close of trading including Angostura Holdings that gained 5 cents closing at $15.05 with 164 units and JMMB Group rising 5 cents and ended at $2.09, exchanging 96,985 shares.
Losses| The last traded price of the securities declining are First Citizens with a loss of 1 cent, closed at $31.80 trading 15,800 shares valued at $505,147, after trading at $22. Grace Kennedy settled at $2.95, losing 5 cents with 122,197 shares valued at $360,591 and Massy Holdings was down 1 cent to $49.49 with 2,400 shares.
Firm Trades| At the close of trading are Clico Investment closed at $21 in exchanging 23,928 shares valued at $502,488, Ansa Merchant Bank exchanged 320 units at $40, First Caribbean International Bank traded 34,720 shares at $9 valued at $312,480. Guardian Holdings remained at $15 with 347 units. One Caribbean Media closed at $14 with 10,075 shares trading, Republic Financial Holdings ended at $101.76 with 17,762 shares valued at $1,807,461, Scotiabank exchanged 765 units at $58.10 and Trinidad & Tobago NGL closed at $23.49 with trades of 9,563 shares.

All Jamaica index surges 1,973 points

Bulls still at large in down town Kingston

At the close of trading on the Jamaica Stock Exchange, the JSE All Jamaican Composite Index surged 1,972.76 points to close at 320,805.88 while the JSE Index jumped by 1,797.41 points to 292,290.45.
A total of 23 securities changed hands in the main market leading to 11 advancing, 4 declining and 6 traded firm while the US dollar market saw 4 securities trading resulting in 84,731 units changing hands valued at US$48,586 with the index remaining unchanged.
In the main activity, Berger Paints closed with a loss of 1 cent at $14.50, with 92,500 shares, Cable & Wireless ended at $1.10, with 158,331 units, Caribbean Cement ended 99 cents higher at $32, with 17,500 stock units. Carreras ended at $11.50, with 289,081 shares, Grace Kennedy closed $1 higher at $43, with 95,433 shares, Jamaica Broilers ended at $18.99, with 68,325 stock units, Jamaica Producers traded at $15.60, with 33,353 units. Jamaica Stock Exchange traded 17 cents higher at $6.99, with 66,743 shares, JMMB Group ended trading 86 cents higher at $29.36, with 175,289 shares, Kingston Wharves ended trading 50 cents higher at $33, with 5,600 units, Mayberry Investments settled 5 cents higher at $5.05, with 1,811,830 shares. NCB Financial Group finished trading $1.70 higher at $108, with 96,989 shares, 138 Student Living settled at $6, with 6,634 shares, 1834 Investments closed 10 cents higher at $1.30, with 9,934 stock units, PanJam Investment traded at $43, with 338,780 units, Radio Jamaica ended with a loss of 2 cents at $1.13, with 45,746 stock units, Sagicor Group finished with a loss of 60 cents at $37.60, with 45,779 units. Sagicor Real Estate Fund concluded trading 36 cents higher at $15, with 9,883 shares, Scotia Group finished 81 cents higher at $51.80, with 392,849 stock units, Seprod concluded trading with a loss of 25 cents at $29.75, with 400,000 units and Supreme Ventures traded 70 cents higher at $12.50, with 193,750 shares. In the main market preference segment, JMMB Group 7.5% preference share closed at $1.85, with 1,000 units traded. In the US dollar market, JMMB Group 6% preference share closed at $1.121, after a modest gain with 26,500 units, Margaritaville traded just 100 units at 30 US cents, Productivity Business Solutions end up with 15,881 shares trading at 57.51 US cents and Proven Investments traded 42,250 units at 23 US cents.
Prices of securities trading for the day are those at which the last trade took place.

Mixed trading in Trinidad

Trading on the Trinidad & Tobago Stock Exchange on Tuesday resulted in 16 securities changing hands compared to 13 on Monday. One Caribbean Media was the dominant trade with 70 percent of the value of securities exchanged, while NCB Financial inched 1 cent higher, to end at a closing high of $6.21.
At the close, 4 stocks advanced, 8 declined and 4 remained unchanged as 656,483 shares traded at a value of $7,023,258 compared to Monday’s trades of 327,937 valued at $2,161,206.
The Composite Index gained 1.08 points to 1,284.03, the All T&T Index declined 1.80 points to 1,754.53 and the Cross Listed Index gained 0.55 points to close at 109.65.
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| The last traded price of the securities rising and the volumes changing hands are JMMB Group with gains of 4 cents, closed at $2.04 trading 181,662 shares valued at $352,263, NCB Financial Group ended at a 52 weeks’ closing high of $6.21, rising 1 cent with 1,084 units, earlier the price hit a record high of $6.34 before pulling back by the close. Prestige Holdings gained 1 cent to close at $10.76 with 3,000 shares and Sagicor Financial closed 5 cents higher to $8 in exchanging 3,158 shares.
Losses| The last traded price of the securities declining and the volume changing hands are Angostura Holdings with a loss of 5 cents, ended at $15 with 450 units, Ansa McAL lost 5 cents and closed at a 52 weeks’ low of $62.95, with 6,388 shares trading valued at $402,448. First Citizens slipped 8 cents, settling at $31.81 while exchanging 1,042 units, Guardian Holdings lost 1 cent, closing at $15 with 2,747 shares, Massy Holdings slid 35 cents to $49.50 with 400 units changing hands. Point Lisas ended at $3.96, with a loss of 4 cents in trading 25,000 shares, Trinidad Cement declined by 5 cents to settle at $3.95 with 400 units changing hands and Trinidad & Tobago NGL close down 1 cent, to $23.49 with 6,177 shares.
Firm Trades| the securities closing with unchanged prices at the close are Clico Investment closing at $21 after exchanging 37,694 shares valued at $791,524, while Grace Kennedy traded 33,150 shares at $3, One Caribbean Media settling at $14 with 354,031 shares valued at $4,956,434 and Republic Financial Holdings exchanging 100 units at $101.76.

JSE main market falls back – Friday

Trading on the Main Market of the Jamaica Stock Exchange ended on Friday with the JSE All Jamaican Composite Index declined by 1,443.17 points to close at 320,147.12 and the JSE Index declined by 1,314.89 points to close at 291,690.24.
At the close of market activity, 25 securities changed hands in the main market, 11 advanced, 10 declined and 4 traded firm with 4,118,253 units valued at $67,698,071 compared to 7,356,609 units valued at $123,516,599 on Thursday.
In US dollar market activity, the US dollar market index slipped 0.21 points to 180.67 as 3 securities traded with 2 declining and one remaining unchanged, leading to the 61,625 units trading with a value of US$54,145. Total trading in the two markets amounted to $74,574,532.
Trading ended with an average of 164,730 units for an average of $2,707,923 in contrast to 294,264 units for an average of $4,940,664 on Thursday. The average volume and value for the month to date amounts to 200,104 units valued at $3,492,546 and previously 218,920 units valued at $3,909,899. In contrast, October closed with average of 1,185,251 units valued at $16,528,582 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the main and US dollar market shows 7 stocks ended with bids higher than their last selling prices and 5 with lower offers.

Prices mostly slipped on TTSE – Friday

Trading on the Trinidad & Tobago Stock Exchange closed on Friday with 14 securities changing hands compared to 15 on Thursday and ended with 1 advancing, 4 declining and 9 holding firm.
Market activity resulted in 909,312 shares traded at a value of $3,281,614 compared to Thursday’s trades of 329,493 valued at $2,207,158.
The Composite Index was down 0.75 points to 1,283.07, the All T&T Index declined 1.82 points to 1,754.27 and the Cross Listed Index gained 0.05 points to close at 109.42.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 3 stocks with bids higher than last selling prices and 6 with lower offers.
Gains| First Citizens was the sole stock rising and ended with a gain of 10 cents, closing at $31.90 with 1,139 units.
Losses| JMMB Group pulled back from its recent record run to end with a loss of 4 cents, and closed at $2.11 with 592,986 shares valued at $1,270,760 traing. Massy Holdings settled at $49.98, losing 2 cents with 197 units, National Flour Mills closed at a 52 weeks’ low of $1.95, down 3 cents exchanging 26,307 shares and Republic Financial Holdings traded 76 cents lower to a 52 weeks’ low of $101, with a mere 10 units.
Firm Trades| The stocks traded unchanged at the close of trading are Clico Investment that closed at $21 with trades of 18,800 shares valued at $394,801, First Caribbean International Bank exchanged 5,100 shares at $9, Grace Kennedy remained at $2.95 with 194,500 shares valued at $573,775. NCB Financial Group closed at $6.20 trading 35,052 shares, Readymix closed at $11 with 280 units.Sagicor Financial traded 14,776 shares at $7.95, Scotiabank exchanged 2,559 shares at $58.10, Trinidad Cement closed at $4 with 200 units and Trinidad & Tobago NGL ended at $23.50 with17,406 shares valued at $410,465.

All Jamaica in major recovery – Thursday

NCB closes at new record high of $109 on Thursday.

The JSE All Jamaican Composite Index advanced 2,455.94 points to close at 321,590.29 and the JSE Index advanced 2,237.64 points to close at 293,005.13 as NCB Financial jumped $2.99 to a record close of $109.
Trading ended on the Main Market of the Jamaica Stock Exchange on Thursday with 25 securities changing hands, 8 advanced, 8 declined and 9 traded firm with 7,356,609 units valued at $123,516,599.
There was trading in 2 securities In the US dollar market leading to the JSE US dollar Index falling 4.82 points to 180.88 as 5,802 shares with a value of US$1,474, bringing the total trades in the two markets to J$123,703,808. Wednesday’s trading in contrast to the increase trading on Thursday was 2,932,638 units valued at $60,248,652 on Wednesday.
Trading ended with an average of 294,264 units for an average of $4,940,664 in contrast to 133,302 units for an average of $2,738,575 on Wednesday. The average volume and value for the month to date amounts to 218,920 units valued at $3,909,899 previously. In contrast, October closed with average of 1,185,251 units valued at $16,528,582 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the main and US dollar market shows 7 stocks ended with bids higher than their last selling prices and 5 with lower offers.
In the main activity Berger Paints closed 30 cents higher at $16.30, with 16,296 shares, Cable & Wireless ended trading at $1.10, with 530,316 shares, Caribbean Cement climbed $3.44 higher at $34.95, with 2,500 stock units. Carreras settled at $11.50, with 712,762 units, Grace Kennedy ended trading with a loss of 1 cent at $41.99, with 97,977 shares, Jamaica Broilers traded at $18.60, with 354,001 stock units, Jamaica Producers concluded trading with a loss of 10 cents at $15.80 and with 4,035,262 units trading. Jamaica Stock Exchange settled 4 cents higher at $6.80, with 16,170 shares, JMMB Group ended with a loss of $1.19 at $28.51, with 84,297 shares, Kingston Properties concluded trading at $8, with 15,950 stock units, Kingston Wharves finished trading with a loss of 15 cents at $32.50, with 35,770 units. Mayberry Investments finished trading 5 cents higher at $4.35, with 306,697 shares, NCB Financial Group ended $2.99 higher at a record close of $109, with 60,063 shares, 138 Student Living closed with a loss of 10 cents at $5.40, with 22,900 shares, 1834 Investments finished with a loss of 20 cents at $1.15, with 109,594 stock units, PanJam Investment closed at $42, with 82,529 units, Pulse Investments concluded trading with a loss of 6 cents at $1.90, with 4,064 shares. Radio Jamaica settled at $1.15, with 161,673 stock units, Sagicor Group settled 95 cents higher at $39, with 407,273 units, Sagicor Real Estate Fund settled 30 cents higher at $14.50, with 75,122 shares, Salada Foods Jamaica settled with a loss of $1.30 at $8.50, with 10,000 shares. Scotia Group ended $1.28 higher at $51.79, with 131,230 stock units and Supreme Ventures settled at $11.80, with 42,177 shares. In the main market preference segment, JMMB Group ended with a loss of 1.19 cents at $28.51, with 84,297 stock units, and in the US dollar market Productivity Business Solutions traded 402 units at 58 US cents and Proven Investments traded 5,400 units at 23.99 US cents.
Prices of securities trading for the day are those at which the last trade took place.