NCB closes at $25

March 11, 2015 by

NCB closed up by $1.50 at $25 on Wednesday

NCB closed up by $1.50 at $25 on Wednesday

Wednesday’s activity on the Jamaica Stock Exchange ended with National Commercial Bank (NCB) closing at $25 has demands picks up for the stocks and supply of stocks seems limited. NCB closed with only six offers to sell between $25.50 and $33. Trading resulted in the prices of 7 stocks rising, 9 declining as 18 securities changed hands, ending in 5,386,223 units trading, valued at $35,347,255 in all market segments.
Main Market| The JSE Market Index gained 507.16 points to 82,624.62, the JSE All Jamaican Composite index fell rose 567.03 points to close at 91,096.46 and the JSE combined index gained 594.16 points to close at 84,419.09.
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 5 with offers that were lower.
JSE sum 11-3-15 Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Desnoes & Geddes in contributing 60,988 shares closed 35 cents higher to $5.50, National Commercial Bank closing with 65,060 shares changing hands $1.50 higher at $25, Supreme Ventures finishing trading with 87,600 shares, 3 cents up to $2.30
Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless was the only ordinary stock to remained unchanged in price at the end of trading and closed with 103,000 shares changing hands at 50 cents
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Caribbean Cement finishing with 11,500 units to close lower by 5 cents at $2.26. Carreras closing with 4,000 units, the price slipped 36 cents to $43.15, Grace Kennedy finishing trading with 9,344 shares to close 54 cents lower at $60.52, Jamaica Broilers concluded trading with 88,276 shares and closed with a loss of 1 cent at $4, Jamaica Money Market Brokers in exchanging 306,475 units, ended with a decline of 1 cent to $7.10. Sagicor Group had dealing in 2,143,526 shares trading with a loss of 8 cents to $10.42,
Scotia Investments lost $ to close at $23.50

Scotia Investments lost $ to close at $23.50

Scotia Group contributing 500 shares trading at 1 cent to close at $20.80 and Scotia Investments concluding trading with 1,200 shares and lost $4 less to close at $23.50.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 1,770,782 units and lost 4 cents to $3 and Jamaica Money Market Brokers 7.50% preference shares traded 489,374 units at $2.

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JSE market closed up

March 11, 2015 by

JSE fn cl - 11-3-15Trading picked up after a slow morning session when only 4 stocks traded on the Jamaican Stock Exchange in early Wednesday, after more than an hours trading.
Buying interest seemed to have picked up with National Commercial Bank trading to close at $25 with more than a half of the volume trading at the closing price and Sagicor Group had trading in more than 2 million shares, to end at $10.42 with no stock on offer at the close.
The JSE Market Index gained 507.16 points to 82,624.62, the JSE All Jamaican Composite index rose 567.03 points to close at 91,096.46.

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

6 stocks up 7 down on JSE Tuesday

March 10, 2015 by

Tuesday’s activity on the Jamaica Stock Exchange, resulted in the prices of 6 stocks rising, 7 declining as only 20 securities changed hands, ending in 2,017,463 units trading, valued at only $10,345,649, in all market segments.
JSe sum 10-3-15strong> Main Market| The JSE Market Index lost 584.74 points to 82,117.46, the JSE All Jamaican Composite index fell 653.76 points to close at 90,529.43 and the JSE combined index declined 580.75 points to close at 83,824.93.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 8 stocks with bids higher than their last selling prices and 6 stocks with offers that were lower.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Grace Kennedy ending with 45,972 shares, gained 6 cents to $61.06, Jamaica Broilers closing with 88,054 shares changing hands, 1 cent higher to $4.01. Mayberry Investments concluding trading with 51,020 shares while gaining 14 cents, to end at a new 52 weeks’ high of $2.50 and Sagicor Group trading 118,785 units to close with a gain of 9 cents at $10.50.
Firm| The stocks in the main market to close without a change in the last traded prices are, Ciboney concluding trading with only 2,400 shares at 7 cents, Desnoes & Geddes had 13,346 shares changing hands at $5.15. There was dealing in 1,100 Hardware & Lumber shares, trading at $7.40, Kingston Wharves closing with a mere 300 shares changing hands and ended at $6.40 followed by National Commercial Bank finishing trading with 1,900 shares at $23.50.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Cable & Wireless finishing with 177,779 units to close lower by 4 cents to 50 cents, Jamaica Money Market Brokers trading 9,185 ordinary shares and closed with a loss of 4 cents to $7.11, Proven Investments trading with 9,675 and lost 0.49 to 18 US cents, there was dealing in 151,041 Scotia Group shares with a loss of $1.19 to $20.81.
Preference| Jamaica Money Market Brokers 7.50% preference share trade 394,300 shares close at $2.

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Market falls as PanJam trades 24m shares

March 6, 2015 by

Pan Jam traded 24.4m shares on Friday

Pan Jam traded 24.4m shares on Friday

Pan Jamaican Investment traded 24,401,900 for $1.3 billion but the stock price closed the day lower than the opening. Elsewhere in Friday’s activity on the Jamaica Stock Exchange, resulted in the prices of 4 stocks rising, 11 declining as 20 securities changed hands, ending in 27,214,924 units trading, valued at $1,313,031,854, in all market segments.
Main Market| The JSE Market Index dropped 1,695.24 points to 82,388.05, the JSE All Jamaican composite index dived 1,895.35 points to close at 90,831.96 and the JSE combined index sank by 1,641.84 points to close at 84,076.55.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows stocks with bids higher than their last selling prices and stocks with offers that were lower.
Mayberry closed at a new 52 weeks' high on Friday

Mayberry closed at a new 52 weeks’ high on Friday

Gains| Stocks gaining with the last traded prices at the end of trading in the main market are, Jamaica Money Market Brokers finishing with 185,369 ordinary shares changing hands to close higher by 10 cents at $7, Mayberry Investments ending with 4,040 shares changing hands for 13 cents higher, to a new 52 weeks high of $2.49 and Sagicor Group closing with 448,460 shares trading 1 cent up to $10.31.
Firm| The stocks in the main market to close without a change in the last traded prices are, Berger Paints while exchanged 7,899 shares close at $1.55, there was dealing in 247,770 Cable & Wireless shares at 55 cents, Grace Kennedy had 3,288 shares changing hands $62 and Jamaica Producers closed with 25,000 shares to close at $17.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Caribbean Cement with 8,436 units to close lower by 1 cent at $2.31, Carreras finishing with 5,487 units as the price slipped 99 cents to $43.51, Desnoes & Geddes closed with 129,689 shares trading lower for 5 cents to $5.15. Jamaica Broilers concluding trading with 122,853 shares traded with a loss of 2 cents to $4.05, National Commercial Bank in trading 31,153 shares closed with a loss of $2 to $23.50, the stock closed on the Trinidad and Tobago Stock Exchange with a bid of $1.35 to buy 171,500 shares with no stock on offer. JSE sum 6-3-15In Jamaica there are only 4 offers totalling 109,000 units between $25.50 and $33 with only one offer of significance at 103,873 at $30. Pan Jamaican Investment finished trading with 24,401,900 units to fall 80 cents to $53.20, there was dealing in 94,545 units in Scotia Group with a decline of $1.39 to end at $21 after the banking group issued first quarter results that were down from the previous year’s results. Seprod contributed 48,719 and lost $1.10 to $11.90 and Supreme Ventures concluded trading with 1,065,614 shares traded with a loss of 4 cents to $2.27.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 260,600 shares to end at $3.04, Jamaica Money Market Brokers 7.50% preference share traded 24,000 units to close at $2.

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

Winners hard to find on TTSE

March 6, 2015 by

NCB closed at a new 52 weeks' high on the TTSE on Friday

NCB closed at a new 52 weeks’ high on the TTSE on Friday

With interest rates on the rise and profits under pressure in the twin island state of Trinidad and Tobago, is proving difficult to find winners these days on the Trinidad Stock Exchange. In trading on Friday the market closed with 11 securities changing hands of which 1 advanced, 2 declined and 8 traded firm with a total of 537,112 units, valued at $7,799,050.
At the close of the market, the Composite Index rose 3.05 points to close at 1,149.41, the All T&T Index fell by 0.12 points to close at 1,974.63 and the Cross Listed Index increased by 0.83 points to end at 42.47.
Gains| Stocks increasing in price at the close are, National Commercial Bank increased 12 cents to end at a 52 weeks’ high of $1.35 the equivalent of J$24.37 while it closed at $23.50 on the Jamaica Stock Exchange. The stock closed with a bid of $1.35 to buy 171,500 shares with no stock on offer. In Jamaica there are only 4 offers totalling 109,000 units between $25.50 and $33.
Declines| The stocks declining at the end of trading are, Clico Investment Fund traded with 28,280 shares valued at $636,542 and declined by 4 cents to end at $22.50 and First Citizens Bank contributed 40,141 shares with a value of $1,423,400, and closed 3 cents down at $35.46.
TTSE 6-3-15
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Grace Kennedy traded 28,548 shares to close at $3.60, Jamaica Money Market Brokers with a volume of 82,734 shares at 43 cents, National Enterprises 173 shares to close at $17.40, National Flour Mills 1,500 shares traded at $1.55. One Caribbean Media had 12,224 shares changing hands at $23.95, Point Lisas Industrial Port Development traded 4,557 shares to close at $3.50, Republic Bank added 32,120 shares valued at $3,796,795 to close at $118.21, Sagicor Financial Corporation with 286,835 shares changing hands for a value of $1,462,909 at $5.10.
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 3 stocks with offers that were lower.

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

JSE make big daily gains again

March 5, 2015 by

NCB MbayNational Commercial Bank gained $2.50 and Scotia Group $2.39 to help the Jamaica stock market to close at a two and a half year high on Thursday, resulting from the prices of 13 stocks rising and only 4 declining as 23 securities changed hands, ending in 6,535,906 units trading, valued at $19,861,234 in all market segments.
Main Market| The JSE Market Index gained 1,092.69 points to 84,083.29, the JSE All Jamaican Composite index rose 1,221.67 points to close at 92,727.31 and the JSE combined index gained 1,146.47 points to close at 85,718.39. IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 5 stocks with bids higher than their last selling prices and 6 stocks with offers that were lower.

Scotia Group closed higher at the close & helped to push market up on Monday

Scotia Group closed higher at the close & helped to push market up on Monday

Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Caribbean Cement contributing 1,950 shares in changing hands to close higher by 2 cents to $2.32, Carreras exchanged 8,587 shares at 50 cents more to $44.50, Jamaica Broilers in contributing 53,050 shares put on 1 cent to $4.07. National Commercial Bank closed with 42,774 units changing hands and put on $2.50 to close at a new 52 weeks’ high of $25.50, Pan Jamaican Investment finished trading with 7,445 shares to end with an increase of $1.22 at $54. Sagicor Group had trading in 167,699 units to close 9 cents higher, at $10.30, Scotia Group ended with 22,628 shares to close $1.39 higher to a 52 weeks’ high of $22.39 and Supreme Ventures closed with 5,621,956 shares to end with 11 cents more at $2.31.
JSE sum 5-3-15
Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless finishing trading with 102,545 shares at 55 cents, Gleaner concluded trading with 1,500 shares at $1.10, Grace Kennedy in trading 10,510 shares, closed at $62 and Kingston Wharves finishing with 1,000 shares trading at $6.40.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Desnoes & Geddes closing with 270,000 units as the price slipped 15 cents to $5.20 and Sagicor Real Estate Fund with 25,000 shares closed with a loss of 10 cents to $6.70.

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Low TTSE trading activity on Thursday

March 5, 2015 by

Trading on the Trinidad Stock Exchange was very low with only 7 securities changing hands, none advanced, 5 declined and 2 traded firm with a total of 311,962 units, valued at $5,730,563.
TTSE 5-3-15fnAt the close of the market, the Composite Index lost 0.12 points to close at 1,146.36, the All T&T Index fell by just 0.17 points to close at 1,974.75 and the Cross Listed Index fell by a mere 0.01 points to end at 41.64.
Gains| There were no stocks increasing in price at the close.
Declines| The stocks declining at the end of trading are, Clico Investment Fund traded 111 shares to end at $22.55 and Massy Holdings suffered a loss, 2 cents to close at $63.43 with 5,624 shares trading, valued at $356,732.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Ansa Mcal closing with 1,159 shares at $66.87, Guardian Holdings contributing 12,259 shares with a value of $159,367, closed at $13, One Caribbean Media traded 2,115 shares to end at $23.95. Republic Bank with 31,842 shares traded for $3,763,570 at a price of $118.21 and Sagicor Financial Corporation with 258,852 shares changing hands for a value of $1,320,234, closed at $5.10.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than their last selling prices and 5 stocks with offers that were lower.

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

JSE at 20 months high heading higher

March 4, 2015 by

Activity on the Jamaica Stock Exchange, took the market to a new 20 month high resulting from the prices of 7 stocks rising and 8 declining as 20 securities changed hands, ending in 10,902,372 units trading, valued at $48,753,888, in all market segments. Gleaner Company accounted for the bulk of the shares trading with 8 million units while Sagicor Group and Scotia Group each accounted for more than 1 million units.

The chart shows the all Jamaica composite index just crossing over short term resistance. Resistance from July 2007 at 91,700 points is the more important resistance level for it to break through to move to the next critical point of 100,000.

The chart shows the all Jamaica composite index just crossing over short term resistance. Resistance from July 2007 at 91,700 points is the more important resistance level for it to break through to move to the next critical point of 100,000.

Main Market| The JSE Market Index gained 1,090.31 points to 82,990.60, the JSE All Jamaican Composite index rose 1,219.01 points to close at 91,505.64 and the JSE combined index gained 1,014.48 points to close at 84,571.92. The market is at a critical stage with resistance level going back to 2007 of 91,700 points is a shade away. Events in the market suggest that this will be broken and the market should close in on the 100,000 points mark soon, the results for Scotia Group to be released on Thursday will be one decisive development.
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 4 stocks with offers that were lower.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Gleaner in having 8,267,155 shares changing hands, closed higher by 19 cents at $1.10, Grace Kennedy closed trading with 15,600 shares trading to gain 50 cents to end at $62, Hardware & Lumber ended trading with 5,000 shares changing hands for 83 cents greater at $7.40, Mayberry Investments saw trading in 17,130 units to close with a gain of 16 cents to a 52 weeks’ high of $2.36 and Sagicor Real Estate Fund ended with 6,300 shares the price rose by 10 cents to $6.80.
JSE sum 4-3-15 Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless dealing in only 17,500 shares at 55 cents, Jamaica Broilers contributing 3,000 shares at $4.06. National Commercial Bank concluding trading with 37,691 shares at $23, Radio Jamaica exchanging 5,000 shares at $1.37 and Scotia Group with 1,114,723 shares changing hands to close at $21.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Carreras closed with 6,800 units as the price slipped 18 cents to $44, Desnoes & Geddes finished with 155,000 shares trading lower for 15 cents to $5.35. Jamaica Money Market Brokers with 149,000 ordinary shares closed with a loss of 2 cents at $6.90, Sagicor Group in trading 1,025,226 and lost 9 cents to $10.21 and Supreme Ventures finished trading with 28,487 shares with a loss of 20 cents to $2.20.

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One stock gained on TTSE – Wednesday

March 4, 2015 by

Trading on the Trinidad Stock Exchange on Wednesday closed with 8 securities changing hands, 1 advanced, 4 declined and 3 traded firm with a total of 320,027 units, valued at $3,798,765.
TTSE -4-3-15At the close of the market, the Composite Index lost 0.24 points to close at 1,146.48, the All T&T Index fell by 0.42 points to close at 1,974.92 and the Cross Listed Index eased by a mere 0.01 points to end at 41.65.
Gains| National Flour Mills was the only stock gaining on Wednesday as 78,955 shares changed hands for a value of $122,380, the price rose 3 cents to end the day at 52 weeks’ high of $1.55.
Declines| The stocks declining at the end of trading are, Clico Investment Fund trading 85,000 shares valued at $1,920,500 and declined by 5 cents to end at $22.55 while Grace Kennedy added 30,000 shares valued at $108,018, to close at $3.60, down a cent. Guardian Holdings with a volume of 65,713 shares traded for $854,440 closed at $13 after falling 1 cent and Republic Bank lost 13 cents to close at $118.22 while trading only 1 share.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, National Enterprises contributed 34,593 shares with a value of $601,918 to close at $17.45, Guardian Media exchanged 4,080 shares at $19.75 and Sagicor Financial Corporation trading 21,685 shares to end at $5.11.
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 5 stocks with offers that were lower.

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

JSE quiet bullishness continues

March 4, 2015 by

SupremeVenturesSVL_150x150 Interest in the Jamaica stock market, improved on Tuesday resulting in 24 stocks securities changing hands and the main market indices gaining more than 1,000 points. There were 11 stocks advancing, 8 declining, ending in 8,794,289 units trading, valued at $42,590,814, in all market segments. A almost doubling of profits of Supreme Ventures and a the decision by the company to pay out over $800 million in dividends, helped to push the market.
strong> Main Market| The JSE Market Index gained 1,092.76 points to 81,900.29, the JSE All Jamaican Composite index rose 1,221.75 points to close at 90,286.63, the highest it has been since early July 2013 and the JSE combined index gained 1,016.39 points to close at 83,557.44.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 8 stocks with bids higher than their last selling prices and 5 stocks with offers that were lower.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Cable & Wireless concluding trading with 111,000 shares changing hands to close higher by 7 cents at 55 cents, Carreras exchanging 25,000 shares while trading of 8 cents higher to $44.18. For Desnoes & Geddes there was dealing in 98,827 shares at 10 cents higher to $5.50, Jamaica Money Market Brokers contributing 17,448 shares in trading for 2 cents more at $6.92. Jamaica Producers closed trading with 1,013,600 shares changing hands while gaining $1.30 to $17, National Commercial Bank closed with 58,458 shares changing hands and rising 91 cents to a new 52 weeks’ high of $23, Proven Investments finished trading with 421 units and put on 0.49 cents to 18 US cent. Radio Jamaica saw trading in 7,422 shares, to end with an increase of 2 cents to $1.37, Scotia Investments ended with 5,000 units with a gain of $2.45 at $27.50 and Supreme Ventures closed with 3,295,614 shares to close 40 cents up at $2.40, after the company release large gain in profits for 2014 and announced increased dividend payments.
Firm| The stock in the main market to close without a change in the last traded prices is, Grace Kennedy that contributed 16,959 shares at $61.50.
JSE sum 3-3-15 Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Gleaner closing with 20,000 units as the price slipped 4 cents to 91 cents. Jamaica Broilers finishing with 8,008 shares trading lower by 4 cents, to $4.06, Sagicor Group in trading 532,911 shares lost 15 cents to $10.30 and Scotia Group finishing trading with 48,092 shares with a loss of 50 cents to $21.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 17,000 shares trading at $3.04, Jamaica Money Market Brokers 7.50% preference share traded 2,635,000 shares at $2, Proven Investments 8% preference share traded with 260,593 shares changing hands at $5.

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