Market back to pre-crisis levels

June 1, 2015 by

Carreras traded at a 52 weeks' high of $52

Carreras traded at a 52 weeks’ high of $52

Activity on the Jamaica Stock Exchange, resulted in the prices of 15 stocks rising, 6 declining as 28 securities changed hands, ending in 6,921,820 units trading, valued at $48,898,561, in all market segments.
Stocks trading at new 52 weeks’ high in the main market are, Carreras traded of $52 to gain $2 but with only 800 shares, Jamaica Stock Exchange, Jamaica Broilers and Pan Jamaican.
TheJSE Market Index gained 908.09 points to 99,674.46, theJSE All Jamaican Composite index climbed 1,015.00 points to close at 110,348.21 and JSE sum 1-6-15the JSE combined index gained 850.26 points to end at 101,869.93. The close on Monday, places the all Jamaican index back to July 2008 levels.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 11 stocks with bids higher than their last selling prices and 2 with offers that were lower.
Cable & Wireless closed with 341,888 shares trading at 50 cents, Caribbean Cement had 61,057 shares trading at $5, to record a gain of 40 cents. Desnoes & Geddes had 15,250 units changing hands at $7.55, in putting on 12 cents, Jamaica Broilers traded 115,000 units at $5.55 with a 5 cents gain, Jamaica Stock Exchange traded 10,000 units at a new high of $4.50. JMMB Group lost ground by falling 55 cents, with 22,350 shares to close at $8.45 after the investment bank posted earnings of $1.18 per share for the year to March, compared with $1.74 in 2014. The company only made $76 million in the quarter compared to reach $1.93 million compared with $1.85 million at the end of December.JSE fn Qts-1- 6-15 Mayberry Investments traded 127,350 units at $3.10, as the price moved up 10 cents, Pan Jamaican Investment traded 6,473 shares at $60.50 to gain 50 cents, for a new 52 weeks’ high. Radio Jamaica traded 55,622 shares and gained 40 cents to close at $3, the company released results of 32 cents per share for the year to March after trading closed compared with 17 cents in 2014. Sagicor Group had 308,000 units trading at the end at $12, the company Real Estate Fund ended with 3,933,104 units trading 7 cents high at $7.58, Scotia Group traded 261,103 units at $25.30 Seprod 23,580 shares as the price slipped 95 cents to $16.55 and Supreme Ventures added 487,217 shares at $3.80.

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National Flour ends at new high

June 1, 2015 by

IC Insider Buy Rated NFM closed at a new 52 weeks high on Monday

IC Insider Buy Rated NFM closed at a new 52 weeks high on Monday

Trading on the Trinidad Stock Exchange ended with 10 securities changing hands of which 1 advanced, 3 declined and 6 traded firm with a total of 239,670 units, valued at $4,595,311.
At the close of the market, the Composite Index rose 0.03 points to close at 1,159.95, the All T&T Index rose by just 0.19 points to close at 1,968.86 and the Cross Listed Index fell by a mere 0.02 points to end at 46.06.
Gains| National Flour Mills was the only stock increasing in price at the close, with 2,770 shares changing hands, to gain of 8 cents at $1.85, for a new 52 weeks’ high.
Declines| The stocks declining at the end of trading are, National Commercial Bank contributing 6,000 shares while losing 19 cents to close at $1.71, Point Lisas with 1,075 shares trading and closing at $3.80 for a loss of 1 cent and Scotia Investments traded 23,500 shares to close 2 cents lower at $1.47. TTSE 1-6-15 Firm Trades| Stocks closing with prices unchanged at the end of trading are, Ansa McAl trading 60 units at $67.05, Clico Investment Fund traded 185,764 units valued at to end at $22.55, First Citizens Bank trading 7,703 shares valued at $275767 to close at $35.80. Massy Holdings with 587 shares closed at $64.10, Prestige Holdings ended with just 100 shares changing hands at $9.90 and Trinidad Cement traded 12,111 units at $2.80.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , ,

7 stocks up 2 down on TTSE

May 29, 2015 by

National Flour closed at a 52 weeks high on Friday of $1.77.

National Flour closed at a 52 weeks high on Friday of $1.77.

Trading on the Trinidad Stock Exchange ended the month on a positive note with more stocks rising than falling and with 15 securities changing hands of which 7 advanced, 2 declined and 6 traded firm with a total of 1,318,965 units, valued at $24,661,499.
At the close of the market, the Composite Index lost 6.01 points to close at 1,159.92, the All T&T Index rose by just 0.10 points to close at 1,968.67 and the Cross Listed Index fell 1.62 points to end at 46.08.
Gains| Stocks increasing in price at the close are, Grace Kennedy with 97,780 shares trading for $349,075 and gaining 1 cent, in closing at $3.57. IC Insider Buy Rated National Flour Mills, gained 4 cents to end the day at a new 52 weeks’ high of $1.77, with only 120 shares trading as investors continue to respond to increased profits for the company, followed by Sagicor Financial Corporation in contributing 27,400 shares with a value of $165,246, to gain of 2 cents to $6.04. Scotiabank with 677 shares trading, closed with a gain of 1 cent at $62.54. Scotia Investments traded 1,000 shares, to gain 2 cents to close at $1.49, Unilever Caribbean with 100 shares changing hands closed with an increase of 1 cent to end at a new 52 weeks’ high of $66.15 and West Indian Tobacco ended with 194 units trading at $125.31 with a 3 cents increase.
TTSE 29-5-15 Declines| The stocks declining at the end of trading are, ANSA Mcal with 149 shares trading ended at $67.054 having lost 1 cent and Prestige Holding traded 550 shares to close with a loss of 9 cents at $9.90.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Ansa Merchant Bank contributed 940 shares with the price closing unchanged at $38.92. Clico Investment Fund with 1,019,235 shares valued at $22,983,749 and remained at $22.55 while First Citizens Bank added 12,072 shares valued at $432,178 to close at $35.80. National Enterprises traded 1,200 units to close at $17.20, National Commercial Bank with 152,500 shares changing hands for a value of $260,050 closed at $1.90 but traded as low as $1.70 and Massy Holdings traded 5,048 shares valued at $323,577 to close at $64.10.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bid higher than their last selling prices and 1 stock with a lower offer.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , ,

Sagicor stole show with 11.4m Shares

May 28, 2015 by

Sagicor Group 

Sagicor Group had 11,418,503 shares trading at $11.52 as Sagicor Investments was the only broker trading the stock on behalf of clients, as well as some being bought for in house inventory purposes.
Activity on the overall market resulted in the prices of 18 stocks rising, 8 declining as 37 securities changed hands, ending in 15,580,599 units trading, valued at $163,455,688, in all market segments.
The JSE Market Index gained 621.20 lost points to 98,315.18, the JSE All Jamaican Composite index rose 694.34 points to close at 108,828.89 and the JSE combined index gained 600.84 points to end at 100,580.46.
JSE 28-5-15 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows only 6 stocks with bids higher than their last selling prices and 3 with offers that were lower.
In trading, Barita Investments exchanged 77,159 shares to close at $2.50, after shedding 20 cents, Cable & Wireless traded 353,348 units at 50 cents at the close Caribbean Cement had 102,760 shares changing hands at $5, to gain 60 cents at the close, but traded as low as $4.40. Carreras had 104,150 units trading unchanged at $49, Desnoes & Geddes gained 15 cents in trading 12,500 units at $7.50. Gleaner closed up 14 cents as 25,811 units changed hands at $1.10.JSe fn Qts 28-5-15 All the Jamaica Producers’ 36,937 shares traded at $18.55, Jamaica Stock Exchange traded at a new all-time high of $3.65 with 10,000 units, Margaritaville traded 89,180 units at 10.5 US cents up from 10 US cents, Mayberry Investments traded 98,500 at $3, National Commercial Bank traded 15,647 shares to close with a gain of 53 cents at $30.10. Proven Investments ended with 18,320 units as the price rose to 20.99 US cents, followed by Sagicor Real Estate Fund with 202,000 shares at $7.51, Scotia Group had 673,965 shares changing hands at $25.50 and Jamaica Money Market Brokers 8.75% preference shares with 289,776 units at $3.02.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , ,

New high for Lasco Fin & JSE

May 28, 2015 by

Lasco Financial Services traded at a new all- time high of $1.61 in trading JSE int 28-5-15250,000 shares at $1.61, two days after Mayberry bough 20 percent of the company after the company reported profits of 15.5 cents per share for the year to March. The Jamaica Stock Exchange had 20 securities trading at 11 on Thursday accounting for 1 million units. The All Jamaican composite Index is up 86.28 points 108,220.83, the JSE index is at 97,771.17.18 gained 77.19 points and the junior market rose 4.64 to 873.36 so far 9 stocks recorded gains versus 4 that are down. There were 4 securities traded in the junior market and 16 in the main and US dollar market
In trading, Barita Investments traded 75,000 at $2.41, Gleaner Company closed up 14 cents as 10,011 changed hands at $1.10, Jamaica Stock Exchange is trading at a new all-time high of $3.65 with 10,000 units, Mayberry Investments trades with 50,300 at $3, followed by Sagicor Real Estate X Fund with 202,000 shares at $7.51, Proven Investments with 18,320 units as the price rose to 20.99 US cents and Jamaica Money Market Brokers 8.75% preference shares with 289,776 units at $3.02.

Filed Under: JSE Main Market, Stock Market Tagged With: , , , ,

Bullishness intact as 16 stocks rise

May 27, 2015 by

Gleaner Traded 3.7 million shares to close at 96 cents

Gleaner Traded 3.7 million shares to close at 96 cents

Activity on the Jamaica Stock Exchange, resulted in the prices of 16 stocks rising, 13 declining as 37 securities changed hands, ending with 7,586,383 units trading, valued at $25,926,559, and 4 stocks closed at new 52 weeks high and 1 at 52 weeks’ low, in all market segments.
TheJSE Market Index gained 195.74 points to 97,693.98, theJSE All Jamaican Composite index rose 218.85 points to close at 108,134.55 and the JSE combined index put on 298.44 points to end at 99,979.62.
JSE sum 27-7-15 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 11 stocks with bids higher than their last selling prices and 2 with offers that were lower.
The following stocks closed in the main market at new 52 weeks high Barita Investments at $2.70, Hardware & Lumber at $12.08 and Radio Jamaica at $3.
In trading, Berger Paints ended with 10,057 shares changing hands to close 40 cents higher, at $3, Cable & Wireless closed with 29,546 shares trading for 1 cent lower at 49 cents, Gleaner traded 3,724,340 shares to end lower by 11 cents at 96 cents. Hardware & Lumber gained $1.83 to a new 52 weeks’ high of $12.08 with 33,999 units trading, Jamaica Broilers concluded trading with 55,845 shares changing hands to close 25 cent up at $5.50. Jamaica Money Market Brokers 7.50% preference shares close with 434,935 units trading at $2.30, Jamaica Money Market Brokers 8.75% preference shares finished trading with 30,000 at $3.02, JSe fn qts 27-5-15JMMB Group lost 45 cents as 6,094 shares changed hands at $8.55. Mayberry Investments contributed 124,080 units to trading at $3, National Commercial Bank ended trading with 97,412 shares and gained 5 cents to $29.57, Pan Jamaican Investment had 8,935 shares changing hands to close 42 cents higher, at $59.01. Radio Jamaica gained 25 cents with 24,497 shares trading at $3, Sagicor Group contributed 473,884 units in trading but lost 80 cents at $11.20. Sagicor Real Estate Fund closed trading with 178,000 units, 40 cents lower at $7.10. Scotia Group ended trading with 228,571 shares with a 15 cents gain to $25.50, Scotia Investments closed with 1,500 shares changing hands to close 45 cents up at $26.30, Sterling Investments finished trading with 57,140 shares trading at $13.39 for a loss of 1 cent and Supreme Ventures saw trading in 52,020 units to close 35 cents down at $3.60.

Filed Under: JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , ,

Only 2 stocks gained 4 declined

May 27, 2015 by

TTSETrading280x150 Trading on the Trinidad Stock Exchange ended with 11 securities changing hands, 2 advanced, 5 declined and 4 traded firm with a total of 243,198 units, valued at $2,634,888.
At the close, the Composite Index lost 0.23 points to end at 1,161.33, the All T&T Index rose fell by just 0.12 points to 1,969.81 and the Cross Listed Index fell by a mere 0.05 points to end at 46.30.
Gains| Stocks increasing in price at the close are, Massy Holdings gaining 5 cents to end at $64.10 while trading 3,262 shares valued at $209,094 and Scotiabank trading 1,542 shares to close with a gain of 1 cent at $62.53.
Declines| The stocks declining at the end of trading are, First Citizens Bank trading 1,987 units to close at $35.80, after losing 1 cent, Guardian Holdings with 35,420 shares trading, valued at $501,218, lost 5 cents to close at $14.15, JMMB Group with 100,000 shares changing hands, closed 1 cent lower at 53 cents. Prestige Holdings with 9,615 shares trading, closed down 1 cent at $9.91 and Republic Bank with 2,300 shares changing hands for a value of $264,477, declined 1 cent to close at a new 52 weeks’ low of $114.99.
TTSE 27-5-15 Firm Trades| Stocks closing with prices unchanged, at the end of trading are, Clico Investment Fund with 52,907 shares valued at $1,193,053, the price remained at $22.55. Firstcaribbean International Bank contributed 25,000 shares to close at $5, while, National Commercial Bank added 9,784 shares to close at $1.75 and Sagicor Financial Corporation traded 1,381 shares to close at $6.02.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator shows 6 stocks with the bid higher than their last selling prices and only 1 with a lower offer.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , ,

Markets fell as more stocks decline than rise

May 26, 2015 by

Pan Jam fell $1.66 on Tuesday

Pan Jam fell $1.66 on Tuesday

Activity on the Jamaica Stock Exchange, resulted in the prices of 11 stocks rising, 15 declining as securities changed hands, ending in 251,691,499 units trading, valued at $358,211,118, in all market segments.
TheJSE Market Index lost 996.20 points to 97,498.24, theJSE All Jamaican Composite index fell/ decline/ rose 923.95 points to close at 107,915.70 and the JSE combined index dropped 1,138.33 points to end at 99,681.18.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 9 stocks with bids higher than their last selling prices and 6 with offers that were lower.
JSE sum 26-5-15In trading, Cable & Wireless ended with 1,940,000 units trading between 47 cents and the last price of 50 cents to gain 3 cents, Caribbean Cement closed with 5,400 shares at $4.01, down 34 cents, Desnoes & Geddes finished trading with 69,899 shares at $7.36 after adding a cent to the price, Gleaner saw trading in 102,913 shares to close with 7 cents gains at $1.07, Grace Kennedy closed with just 7,843 units changing hands at $63 to gain 25 cents, Jamaica Broilers finished trading with 23,138 shares while losing 25 cents to $5.25, JMMB Group concluded trading with 21,250 shares to close unchanged at $9. Mayberry Investments completed trading in 1,135,000 shares at $3 by gaining 15 cents at the end, National Commercial Bank had dealings in just 9,944 units to close down 8 cents at $29.52 at the same time the stock closed up in Trinidad at the equivalent of $31.50. Pan Jamaican Investment contributed 2,150 shares to close down by $1.66 at $58.59, JSE 26-5-15 Radio Jamaica gained 15 cents to end trading with 40,700 units at $2.75, for anew 52 weeks’ high. Sagicor Group closed with 1,471,642 shares at $12, after shedding 15 cents, Sagicor Real Estate Fund finished trading with 18,896 units at $7.50, for a 50 cents fall, Scotia Group ended trading with just 473 units to close at $25.35 after losing 15 cents. Seprod finished trading with 10,162 units at $18 to gain 50 cents, Supreme Ventures ended with 55,747 units at $3.95, up 35 cents. Trinidad Cement ended trading with 105 shares to close down by at $15, Proven Investments closed with 721,573 shares at 19 US cents, after losing 1.5 US cents. Jamaica Money Market Brokers 7.50% preference share finished trading with 350,000 units at $2.30 and Jamaica Money Market Brokers 8.75% preference share traded 199,000 shares at $3.02 and lost 3 cents.

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6 stocks rise on TTSE

May 26, 2015 by

NCB traded at a new 52 weeks' high on TTSE at $1.75 or J$31.50 equivalent.

NCB traded at a new 52 weeks’ high on TTSE at $1.75 or J$31.50 equivalent.

Trading on the Trinidad Stock Exchange closed with 8 securities changing hands of which 6 advanced, 1 declined and 1 traded firm with a total of 81,264 units, valued at $783,273.
At the close of the market, the Composite Index rose 1.61 points to close at 1,161.56, the All T&T Index advanced by 0.53 points to close at 1,969.93 and the Cross Listed Index increased by a mere 0.36 points to end at 46.35.
Gains| Stocks increasing in price at the close are, Ansa McAl traded 2,300 shares and closed 1 cent higher at $67.06, First Citizens Bank traded 4,830 shares to close at $35.80 with a 1 cent increase, National Commercial Bank gained 7 cents to end at a new 52 weeks’ high of $1.75, while 11,716 shares changed hands. Massy Holdings traded 996 shares to close with a gain of 5 cents at $64.05, TTSE sum 26-5-15Sagicor Financial Corporation traded 3,158 shares and closed with a gain of 1 cent at $6.02 and Trinidad Cement with a volume of 15,137 shares traded, gained 5 cents to $2.80.
Declines| The only stock declining at the end of trading is, Firstcaribbean International Bank with 32,828 shares changing hands for a value of $164,166 and declined 3 cents to end the day at $5.
Firm Trades| Only one stock closed with the price unchanged at the end of trading as Guardian Holdings added 10,299 shares valued at $146,246, to close at $14.20.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , ,

JSE down slightly, junior up slightly

May 26, 2015 by

The Jamaica Stock Exchange had 14 securities trading at 10:15 on Tuesday morning, JSE 26-5-15accounting for 1.567 million units. The All Jamaican composite Index is down 7.54 points 108,832.11, the JSE index is at 98,487.69 down by just 6.75 points.
In trading, Jamaica Broilers had 20,100 units trading at $5.50, Mayberry Investments has so far traded 100,000 units at $3, Sagicor Group had 555,152 shares trading at $11.42, having lost 48 cents, Proven Investments that recently traded at 21 US cents, had 444,273 units trading this morning at 18 US cents having lost 1.2 cents. Jamaica Money Market Brokers 7.50% preference share had 350,000 units $2.30 and Lasco Manufacturing traded 18,385 units at $1.30.

Filed Under: JSE Main Market, Stock Market Tagged With: , , , , ,