With the news that National Commercial Bank (NCB) will be buying 30 percent of Guardian Holdings’ shares, the Jamaica Stock Exchange came to life with the 3 main market indices all climbing, as NCB traded at $37.50 with 628,375 units to gain $1.75. NCB’s bid is at $37 to buy 10,000 units and the offer at $45, to sell only 2,250 shares. Trading on the junior market has been low keyed, with very small volumes so far.
Interesting trades, with 75 minutes having elapsed, are Cable & Wireless with 913,965 units and last traded at $1.54 for a 6 cents fall from Monday’s last traded price, Caribbean Cement trading at a new 52 weeks’ high of $19.50, Sagicor Group lost 24 cents in trading 486,055 units at $16.30.
At 10.45 am, the all Jamaica Composite Index is up 907.24 points to 156,515.85, the JSE Market Index gained 811.81 points to 140,985.78, the JSE combined index rose 802.67 points to be at 147,778.60 and the junior market index rose 4.06 points to 1,642.52.
In trading, 25 securities have changed hands with a volume of 2,684,406 units as 8 stocks gained and 7 declined.
NCB wakes up JSE
Big jump in TCL bid price – Monday
Trinidad Cement closed with a bid at $4.61 to buy 69,626 units on Monday
At the close, the Composite Index ending with a fall of 1.35 points at 1,157.31 the
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than the last selling price and 5 stocks with offers that were lower.
Gains| Clico Investment Fund posted 42,154 shares valued at $956,066 and closed with a gain of 1 cents at $22.69, National Flour ended with 37,040 shares changing hands at $2.50, after rising 22 cents to a 52 weeks’ high and Sagicor Financial Corporation closed with 25,100 shares changing hands at $6.06 with a gain of 1 cent.
Declines| Agostini’s traded 1,010 shares as the price slid 20 cents to end at $18, a 52 weeks’ low,
National Commercial Bank lost 10 cents in trading 35,000 shares at $1.85 and Trinidad and Tobago NGL slipped 30 cents in trading, to close at $21.70 with 38,821 units valued at $ $844,535 changing hands.Firm Trades|, Berger Paints had 50 shares changing hands and ended at $3.67, First Citizens Bank traded 3,617 shares to close at $35, Grace Kennedy closed with 25,000 shares changing hands at $3.75, JMMB Group had just 400 shares changing hands at 50 cents and One Caribbean Media ended with 5,623 shares changing hands to close at $22.
No price change for TTSE – Friday
Trading on the Trinidad and Tobago Stock Exchange was moderate Friday, ending with 14 active securities but there were no prices changes based on last traded prices and only 60,287 shares changed hands for a value of $1,263,624.
At the close, the Composite Index ending with a fall of 1.82 points at 1,158.66, the
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than the last selling price and 6 stocks with offers that were lower.
Firm Trades| Agostini’s traded 170 shares at $18.20, ANSA McAL contributed 200 shares and ended at $67, Ansa Merchant Bank traded 500 units to close at $38.96, Clico Investment Fund closed with 7,389 shares changing hands at $22.65. 
First Citizens Bank traded 6,769 shares to close at $35.01, Guardian Holdings with 5,680 shares changing hands, closed at $12.90, Massy Holdings closed at $61.95 with 20 shares changing hands, National Commercial Bank traded 10,200 shares at $1.95. National Enterprises with 350 shares changing hands at $16.49, National Flour with 1,000 shares ended at $2.22, Republic Bank closed at $112, with 1,000 shares changing hands. Sagicor Financial Corporation closed with 8,377 shares changing hands at $6.03, One Caribbean Media ended with 17,205 shares valued at $378,510, changing hands at $22.05 and West Indian Tobacco added 1,427 shares and ended at $126.15.
6 TTSE’s stocks rise 1 fall on Monday
TCL closed at yet another new high on Monday
At the close, the Composite Index ending with a rose of 0.23 points at 1,159.37 the
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than the last selling price and 5 stocks with offers that were lower.
Gains| Clico Investment Fund closed with 18,450 shares valued at $416,416 changing hands 1 cent higher at $22.57, National Flour Mills gained 1 cent, to end at a 52 weeks’ high of $2.22 with 1,600 units changing hands. Prestige Holdings traded 8 units to end with a gain of 5 cents at $10.05, a new 52 weeks’ high. Trinidad and Tobago NGL closed with a gain of 1 cent, at $21.56 as 19,444 shares changed hands for a value of $419,200. Trinidad Cement gained 4 cents, in ending at a 52 weeks’ high of $4.20, with 75,700 units changing hands for $317,940 and Unilever Caribbean ended with 9,630 shares valued at $655,033 trading, to gain of 2 cents, for a new 52 weeks’ high of $68.03.
Declines| National Enterprises ended trading with 7,380 shares to close with a loss of 1 cent at $16.49, a new 52 weeks’ low.
Firm Trades| First Citizens Bank traded 12,214 shares to close at $35, Guardian Holdings with 2,200 shares changing hands closed at $12.91, National Commercial Bank contributed 46,000 shares at a closing price of $1.95,
One Caribbean Media traded 100 shares at $22. Republic Bank closed at $112 with 209 shares changing hands, Sagicor Financial Corporation closed with 2,350 shares changing hands at $6.02, Scotiabank ended with at $62.50 while 79,236 units for a value of $4,952,250 were traded. Scotia Investments closed at $1.59, with only 55 shares changing hands and infrequent trader L.J. Williams $0.10 A added 25,000 shares to close at 25 cents and West Indian Tobacco traded just 5,000 shares carrying a value of $630,745 to close at $126.11.
6 TTSE’s stocks rise 4 down on Friday
NCB traded at TT$1.95 on Friday in Trinidad with a gain of 15 cents.
At the close, the Composite Index ending with a rose of 4.67 points at 1,159.14 the All T&T Index rose 0.39 points to 1,953.99 and the Cross Listed Index gained 1.22 points to end at 47.89.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than the last selling price and 5 stocks with offers that were lower.
Gains| Guardian Holdings with 10,210 shares changing hands and closed at $12.91, with a gain of 1 cent, JMMB Group traded 16,000 shares with a gain of 5 cents to end at 53 cents. National Commercial Bank lead with 285,000 shares changing hands for a value of $555,923, the price gained 15 cents to end at $1.95, National Flour Mills gained 1 cent, to end at a 52 weeks’ high of $2.21, with 1,400 units changing hands. Sagicor Financial Corporation closed with 101,339 shares valued at $610,061 changing hands, at $6.02 for a rise of 1 cent and Trinidad Cement ended with 1,000 units changing hands at a 52 weeks’ high of $4.16, for a gain of 5 cents.
Declines| Ansa McAL lost 1 cent and ended with 5 units changing hands at $67. Clico Investment Fund closed with 44,115 shares valued at $994,811, changing hands at $22.55 after falling 1 cent, Massy Holdings declined 1 cent to end at a 52 weeks’ low of $61.97 with 2,000 units trading and Scotia Investments closed with a loss of 6 cents at $1.59, with 17,945 shares changing hands.
Firm Trades| First Citizens Bank traded 2,170 shares to close at $35,
Grace Kennedy had 41,400 shares for a value of $800,375 changing hands at $3.60, National Enterprises ended trading with 1,000 shares to close unchanged at $16.50. One Caribbean Media traded 3,000 shares at $22, Prestige Holdings traded 500 units to end at $10, Republic Bank closed at $112 with 100,427 shares changing hands with a value of $11,247,824, Scotiabank ended with at $62.50 while 4,000 units were traded and Trinidad and Tobago NGL closed at $21.51 with 40,827 shares changing hands, for a value of $721,405.
3 stocks up on TTSE 3 down
Trading picked up on the Trinidad and Tobago Stock Exchange on Friday and ended with 15 securities trading of which 3 stocks closed higher, 3 declined and 9 remained unchanged as 344,076 shares changed hands for a value of $6,934,138.At the close, the Composite Index ending with a gain of 1.20 points at 1,153.65 the All T&T Index rose 0.05 points to 1,951.79 and the Cross Listed Index gained 0.32 at 46.69.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bid higher than the last selling price and 2 stocks with offers that were lower.
Gains| National Commercial Bank closed with a gain of 4 cents with 22,336 units trading at $1.80, Republic Bank gained 1 cent to land at $112, with 50 shares changing hands and Trinidad and Tobago NGL closed with a gain of 1 cent at $21.50 with 227,168 shares changing hands for a value of $4,883,947.
Declines| Agostini’s traded 15,000 shares at $18.10 after dropping 9 cents, Massy Holdings had 3,240 units changing hands at $61.99 after slipping 1 cent to end at a 52 weeks’ low and Trinidad Cement ended at a $4.01 with 500 shares changing hands as the price fell 1 cent.
Firm Trades| > Clico Investment Fund closed with 9,655 shares changing hands at $22.53, valued $217,527, First Citizens Bank traded 1,619 shares and closed at $35, FirstCaribbean International Bank traded 400 shares and closed at $5, Grace Kennedy traded 850 units at $3.60, Guardian Holdings with 2,900 shares changing hands and closed at $12.90. National Flour Mills traded 3,892 shares at $1.99, Point Lisas ended with 37,974 units changing hands at $3.95, Prestige Holdings traded 1,906 shares at $1.96 and Scotiabank closed with 16,586 shares valued at $1,036,625 changing hands at $62.50.
6 stocks rise 3 down on TTSE
Witco closed at a 52 week high on Thursday
At the close, the Composite Index ending with a gain of 3.41 points at 1,152.45, the All T&T Index rose 1.14 points to 1,951.74 and the Cross Listed Index rose 0.78 to 46.37 points.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than the last selling price and 5 stocks with offers that were lower.
Gains| Guardian Holdings gained 9 cents with 20,539 shares changing hands with a value of $264,903 and closed at $12.90, JMMB Group with 89,500 units changing hands and ended 3 cents higher at 53 cents. National Commercial Bank gained 9 cents while trading 2,584 shares at $1.76. Sagicor Financial Corporation closed with 16,500 shares changing hands at $5.78 with a gain of 3 cents. Trinidad Cement rose 13 cents to end at a 52 weeks’ closing high, of $4.02 with 872,000 shares changing hands, valued at $3,483,941 and West Indian Tobacco traded with a gain of 1 cent to end at $126.04 with 504 shares trading at a 52 weeks’ high.
Declines| ANSA McAL contributed 760 shares in trading, to close at $67.01, after falling 2 cents, Clico Investment Fund fell 1 cent with 53,440 shares changing hands valued at $1,204,279 and closed at $22.53 and Trinidad and Tobago NGL closed with a 1 cent decline to $21.49 with 35,227 shares changing hands for a value of $757,036.
Firm Trades|First Citizens Bank traded 440 shares and closed at $35, FirstCaribbean International Bank traded 1,108 shares and closed at $5, Grace Kennedy traded 312 units at $3.60, National Enterprises with 91 shares changing hands at $16.50. One Caribbean Media traded 450 shares at $22, Scotia Investments closed with 1,500 shares changing hands at $1.65, Scotiabank closed with 410 shares changing hands at $62.50 and Unilever Caribbean ended with 2,081 shares trading at $67.54.
JSE starts November positively
NCB’s new Constant Spring Rd. branch the company’s stock last traded at $36 on Monday
A total of 37 securities traded leading to 6,392,200 units valued at $48,320,406 hanging hands, in all market segments. A total of 21 securities rose and 10 declined with 6 stocks ended at 52 weeks’ closing highs and 2 at an intraday 52 weeks’ high.
The JSE Market Index shot up 905.92 points to 132,189.96, the all Jamaica Composite Index gained 1,012.42 points to end at 146,686.03. JSE combined index and climbed 1,059.06, points to end at 136,842.10. All Three indices are at new closing highs.
IC bid-offer Indicator At the end of trading, in the main and junior markets, the <strong> Investor’s Choice bid-offer indicator had a reading of 12 stocks with bids higher than their last selling prices and one with an offer that was lower.
In trading, Barita Investments ended at a 52 weeks’ closing high, of $2.90 as the price gained 15 cents while 50,000 shares were traded, the stock closed with the bid at $3 to buy 60,000 shares, no stocks were offered at the close.
Cable and Wireless continued under selling pressure and closed with a loss of 36 cents, with 1,456,839 shares changing hands to end at 94 cents. Trading in the stock was between 94 cents and $1.20 and it closed with a bid at 85 cents, to buy 57,000 shares. On the offer were 800,562 shares at 94 cents. By the close the number of offers increased dramatically and now total 36, ranging up to $3.10, for a total of 9.5 million units down from 10,689,005 units on Friday. Caribbean Cement rose 27 cents to end at $18, with 27,310 shares changing hands. Carreras ended with 5,212 shares trading at $53.05, Desnoes & Geddes had 53,472 units changing hands, to close at $30, Gleaner Company traded 948,928 shares to end at $1.90, Jamaica Broilers traded 145,457 shares to close at $9 as the price gained 12 cents. Jamaica Stock Exchange closed with 56,824 shares trading to endat $11, JMMB Group traded 172,798 shares to close with a rise of 34 cents to end at $9.85. Kingston Wharves traded 13,193 units to close at $10.60 for a new 52 weeks’ high, Mayberry Investments rose 2 cents to end at $4.02, by trading 38,701 shares. National Commercial Bank with 14,604 shares changing hands jumped $3.50 to end at $36, for a new 52 weeks’ high.
Pan Jamaican traded 9,124 shares to end $4.88 cents higher, at $85, Radio Jamaica closed at a new 52 weeks’ high of $4.50 to gain 50 cents in trading 31,200 shares. Sagicor Group fell 15 cents with 102,492 shares trading, to close at $14.51, Sagicor Real Estate Fund traded 69,495 units, the price closed down 60 cents at $11, Scotia Group ended with 11,923 shares changing hands and closed at $26.17, after falling by 81 cents. Scotia Investments gained 50 cents to close at $28 as 936,435 units traded, Supreme Ventures ended at $4.20 with 581,769 units changing hands and Proven Investments ordinary share, closed with a fall of 0.9 US cents, with 24,650 units traded, to end at 23 US cents.
National Gas drops 98c on TTSE
New high for TCL on Monday after strong Q3 results
Newly listed Trinidad and Tobago NGL traded on the Trinidad and Tobago Stock Exchange on Friday to close at $23 with 69,027 shares valued at $1,604,115 changing hands as the price slipped 98 cents. The stock closed with a bid of $23 to buy 136,181 shares with 1,500 units on offer at $23.48.
Activity on the Stock Exchange, ended with 13 securities trading. At the close, there were 3 stocks closing higher, 5 declining and 5 remained unchanged as a total of 297,852 units, valued at $7,435,092 changed hands.
At the close the Composite Index ending with a fall of 1.03 points at 1,150.13, the All T&T Index declined by 1.15 points to 1,954.51 and the Cross Listed Index fell 0.12 at 45.36
Gains| JMMB Group traded 206,164 units to close at 43 cents after gaining 1 cent, Trinidad Cement closed at $3.30 with 42,325 shares changing hands as the price rose 11 cents to a new 52 weeks’ high of $3.31, the stock closed with the at $3.31 to buy 167,675 shares with no stock being offered for sale and Unilever Caribbean ended with 2,200 shares trading 2 cents up, for a new 52 weeks’ high of $67.29.
losses| Clico Investment Fund closed with 31,483 shares trading, to end at $22.50 after losing 1 cent, National Commercial Bank lost 1 cent in trading 223,595 shares at $1.67, National Flour Mills with 45,001 shares trading, lost 5 cents in closing at $1.91. Point Lisas traded 40,000 shares to close at $3.90, after losing 5 cents and Sagicor Financial Corporation declined by 25 cents with 70,000 shares changing hands, to end at $5.75.
Firm Trades| Angostura Holdings had 19,921 shares changing hands with the price to close at $14, First Citizens Bank traded 3,870 shares and closed at $35. Guardian Holdings closed with 300 shares changing hands at $13.05, Republic Bank traded 18,175 shares and closed at $112, West Indian Tobacco traded 1,600 shares to close at $126.01.IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than the last selling price and 5 stocks with offers that were lower.
Juniors keep on hitting new records
The junior market keeps on hitting new records, almost daily since the beginning of last week, with sharp rise in prices of Caribbean Cream, Lasco Distributors and Lasco Manufacturing. In trading in Monday morning session, the index for the juniors jumped just shy of the 1,200 points level with Lasco Distributors trading at $2.80, a new all-time high and with Lasco Manufacturing hitting a new record high of $3.50 as 191,888 shares traded between $3.06 and $3.50 but traded recently at $3.25.
Desnoes and Geddes jumped $1.96 to trade at $15.03 with 19,100 shares trading for a new 52 weeks’ high, the bid for the stock is $20. Scotia Bank traded at $24.01 compared to the last trade on Friday of $25.64 and National Commercial Bank lost $2.79 to $30.20 and shot the main market index.
In what is a light trading session only 14 securities have traded at 11 am with a volume of a mere 647,095 units, 9 stocks gained 3 declined.
Trading activity resulted in the JSE Market Index fell 604.36 points to 106,055.16. The JSE All Jamaican Composite index dropped 675.40 points to 117,478.90, the JSE combined index lost 323.25 points to be at 110,761.77 and the junior market is up 2.38 percent or 27.70 points to 1,190.41 for a new record.