2 new highs on TTSE

Scotiabank profit rose for 2015, helping to push demand for the stock which rose in Wednesdays trading.

Scotiabank profit rose for 2015, helping to push demand for the stock which rose in Wednesdays trading.

Clico Investment Fund traded 220,230 shares valued at $5,065,290, the price gained 25 cents to end the day at a new 52 weeks’ high of $23, also closing at a new high for the last twelve months is IC Insider BUY RATED West Indian Tobacco that gained 1 cent to $121.26 while trading 116 shares. The other stock gaining in Wednesday’s trading session is another IC Insider BUY RATED stock, Scotiabank with 350 units to end at $59.22 up by 2 cents.
Scotiabank which closed with a bid of $59.31, reported an 11 percent increase in their October quarter profit after tax, and a slight increase in the full year results. These results are helping to stimulate the price of the stock forward.
In overall trading on Wednesday, the Trinidad Stock Exchange closed with 9 securities changing hands of which 3 advanced, none declined and 6 traded firm, with a total of 297,972 units, valued at $6,289,262 be actively traded. At the close, the Composite Index rose 0.05 points to close at 1,142.59, the All T&T Index rose by 0.09 points to close at 1,970.37 and the Cross Listed Index remained at 41.22.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, First Citizens Bank trading 1,500 shares to close at $36.77, Guardian Holdings with 45,969 shares changing hands for a value of $609,134 and ended at $13.25 followed by Grace Kennedy with 16,120 shares at $3.75. Massy Holdings added 5,807 shares valued at $396,328 and ended at $68.25, Prestige Holdings contributed 6,880 shares to close at $9.56 and Trinidad Cement traded 1,000 shares at $2.35.
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.

2 new 52 weeks’ highs & 2 lows on TTSE

Trading on the Trinidad Stock Exchange closed on Tuesday with 2 new 52 weeks, highs and 2 new lows as 15 securities changed hands of which 6 advanced, 5 declined and 4 traded firm, with a total of 145,030 units, valued at $2,055,749 being active.
TTSE 2-12-14At the close of the market, the Composite Index rose 0.25 points to close at 1,142.54, the All T&T Index rose 0.69 points to close at 1,970.28 and the Cross Listed Index fell by 0.02 points to end at 41.22.
Gains| Stocks increasing in price at the close are, ANSA Mcal with 1,330 units, gained 6 cents to end a $66.36, Clico Investment Fund traded 400 share, advanced by 3 cents to end at $22.75, a new 52 weeks’ high. Guardian Media $50.00 6% Cumulative Preference closed at $65.01 while 20 shares were traded to gain 1 cent, for a new 52 weeks high. National Enterprises gained 3 cents while trading 7,317 units to end at $17.50, Scotiabank had 868 units trading and increased 19 cents to end the day at $59.20 and Trinidad Cement increasing 4 cents to $2.34 while trading 5,520 shares.
Declines| The stocks declining at the end of trading are, Guardian Holdings with 48,950 shares changing hands, for a value of $648,588, fell 24 cents, to close at $13.25, Flavorite Foods traded 1,000 shares at $4.80, down 10 cents, for a new 52 weeks’ low. Grace Kennedy contributed 12,500 shares and lost 9 cents, to close at $3.75, National Commercial Bank with a volume of 48,400 shares and lost 2 cent to end at $1.05, after trading 10 shares and Sagicor Financial Corporation lost 2 cents to end at $5.95, in trading 1,728, for a new 52 weeks’ low.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, First Citizens Bank traded 3,587 at $36.77, while Massy Holdings added 12,400 shares valued at $846,300 to close at $68.25, One Caribbean Media ended with 1,000 units changing hands at $25.10, Prestige Holdings closed at $9.56.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator showed 6 stocks with the bid higher than their last selling prices and 1 stock with the offer that was lower.

Pan Jam jumps $3.30 to year’s high on JSE

pan_jamaican_logo280x150 Pan Jamaican Investments Trust jumped $3.30 to a new 52 weeks’ high, on Tuesday, trading in the stock accounted for $34.2 million of the day’s activity. Activity on the Jamaica Stock Exchange, resulted in the prices of 4 stocks rising and 7 declining as 18 securities changed hands, ending in 2,127,873 units trading, valued at $41,812,058, in all market segments.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had 7 stocks with bids higher than their last selling prices and 7 stocks with offers that were lower.
Main Market| The JSE Market Index lost 93.54 points to 74,458.58, the JSE All Jamaican Composite index fell 104.59 points to close at 81,966.34 and the JSE combined index declined by 138.77 points to close at 76,362.07.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Desnoes & Geddes completed trading with 1,000,000 shares changing hands, with a gain of 3 cents to $4.60. Jamaica Money Market Brokers saw trading in 2,300 ordinary shares and gained 5 cents to $7.10, Pan Jamaican Investment finished trading with 618,400 shares, the price rose $3.30 cent to $55 and Proven Investments concluded trading with 7,308 units and put on 1.20 cents to 18.5 US cents.
Firm| The stocks in the main market to close without a change in the last traded prices are, Carreras ending trading with 920 shares changing hands to close at $36.89, Jamaica Broilers exchanged 4,660 shares trading at $4. Jamaica Stock Exchange ended trading with 6,942 shares changing hands, at $1.50, Mayberry Investments contributed 8,159 shares at $1.50 and Radio Jamaica traded 8,882 shares at $1.18.
JSE 2-12-14 Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Cable & Wireless ended with 48,985 units as the price slipped 2 cents to 43 cents, Jamaica Producers finished with 5,000 shares with a loss of 5 cents to $15.95, National Commercial Bank ended with 19,418 shares changing hands to close 11 cents down to $18, Sagicor Group ended trading with 36,298 shares for 10 cents less at $9.90 and Scotia Group ended with 53,411 shares changing hands to close lower by 50 cents at $19.50.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 282,190 shares changing hands to close at $3 Jamaica Money Market Brokers 7.50% preference share exchanged 3,000 units at $2.

JSE Market starts December up

Monday’s activity on the Jamaica Stock Exchange, resulted in the prices of 7 stocks rising and 6 declining as 22 securities changed hands, ending in 1,979,654 units trading, valued at $9,662,737, in all market segments.
JSE sum 1-12-14 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had 5 stocks with bids higher than their last selling prices and 7 stocks with offers that were lower.
Main Market| The JSE Market Index gained 213.63 points to 74,552.12, the JSE All Jamaican Composite index rose 238.86 points to close at 82,070.93 and the JSE combined index gained 180.89 points to close at 76,500.84.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Cable & Wireless completing trading with 229,162 shares while gaining 1 cent to 45 cents, Mayberry Investments concluded trading with 100,000 units and put on 2 cents to $1.50, National Commercial Bank closed with 6,500 shares as the price climbed 11 cents to $18.11 and Sagicor Group finished trading with 157,895 shares changing hands to close 1 cent higher at $10.
Firm| The stocks in the main market to close without a change in the last traded prices are, Grace Kennedy having 2,768 shares trading at $61, Pan Jamaican Investment ended trading with 4,386 shares changing hands, at $51.70. Radio Jamaica contributed 17,354 shares in trading to end at $1.18, Scotia Group ended with 106,500 shares at $20, Scotia Investments finished trading with 7,756 shares changing hands at $22.50 and Seprod had 12,185 shares changing hands to close at $12.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Carreras ending with 650 units as the price slipped 11 cents to $36.89, Jamaica Broilers finished with 84,583 shares with a loss of 5 cents to $4. Jamaica Stock Exchange finished with 35,000 units and fell 5 cents lower at a new 52 weeks’ low of $1.50 and Proven Investments ended trading with 165,136 shares for 0.69 cent less at 17 US cents.
Preference| Jamaica Money Market Brokers 8.75% preference share traded with 32,350 shares changing hands to close at $3.

4 advancing stocks on TTSE, 3 down

Trading on the Trinidad Stock Exchange on the first day of December, closed with 11 securities changing hands of which 4 advanced, 3 declined and 4 traded firm with a total of 62,958 units, valued at $927,832 passing through the market.
TTSE sum 1-12-14At the close of the market, the Composite Index rose 0.25 points to close at 1,143.31, the All T&T Index gained 0.69 points to close at 1,970.03 and the Cross Listed Index fell 0.02 points to end at 41.46.
Gains| Stocks increasing in price at the close are, Clico Investment Fund with 4,280 shares, valued at $97,208 and advanced 2 cents, to $22.72, First Citizens Bank traded 1,011 shares at $36.77, with a 1 cent gain. Scotiabank traded 125 units and gained 19 cents to close at $59.01 and West Indian Tobacco added 4,250 shares valued at $515,313, gained 25 cents, to end at a new 52 weeks’ high of $121.25.
Declines| The stocks declining at the end of trading are, Massy Holdings fell 23 cents to close at $68.25 while trading 1,600 shares. National Enterprises with 600 shares ended with a 1 cent loss,at $17.47 and Sagicor Financial Corporation contributed 10,000 shares to close at $5.97, after falling 3 cents, for a new 52 weeks’ low.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Angostura Holdings with 990 units closed at $12.76, Firstcaribbean International Bank traded 870 shares at $5, Scotia Investments with a volume of 18,632 shares traded to close at $1.45 and Trinidad Cement with 20,600 shares changing hands for a value of $47,380 closed at $2.30.
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 2 stocks with offers that were lower.

JSE market indices up 4% in November

jse  Dailytrading280x150Friday’s activity on the Jamaica Stock Exchange, resulted in the prices of 7 stocks rising and 6 declining as 24 securities changed hands, ending in 12,560,380 units trading, valued at $56,058,056, in all market segments, the market ended the months with gains in the major indices.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had 5 stocks with bids higher than their last selling prices and 7 stocks with offers that were lower.
Main Market| The JSE Market Index climbed 313.18 points to 74,338.49, the JSE All Jamaican Composite index rose 350.19 points, to close at 81,832.07 and the JSE combined index gained 308.54 points, to 76,319.95. The three main market indices ended up well ahead of the October close, by more than 2,600 points each, gaining 4 percent in the process.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Grace Kennedy ending with 110,550 shares while gaining 60 cents to $61, followed by Jamaica Broilers that concluded trading with 10,950 units, to close with a gain of 5 cents at $4.05. Pan Jamaican Investment trading 1,200 shares, to end with an increase of $1.20 to $51.70, Sagicor Group ended trading with 710 shares, the price climbed 9 cents to $9.99 and Scotia Group closed with 3,385 shares changing hands to close at 50 cents to $20.
JSE 28-11-14
Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless ending with 235,500 shares, changing hands, to close at 44 cents, Caribbean Cement ended with 67,932 shares trading at $2.40, Carreras had 6,880 shares changing hands to close at $37. Ciboney concluded trading with 10,000 shares trading at 7 cents. Jamaica Money Market Brokers with 31,680 ordinary shares changing hands, closed at $7.05, Kingston Wharves ended trading with 1,416 shares trading at $6, Proven Investments had 600 shares changing hands 17.99 US cents and Radio Jamaica ended with 50,000 units trading to close $1.18.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Desnoes & Geddes closed with 9,330,980 shares trading 19 cents to $4.57, National Commercial Bank finished trading with 8,165 units and fell 1 cent lower at $18 and Scotia Investments ended trading with 40,650 shares, 5 cents lower to $22.50.
Preference| Jamaica Money Market Brokers 8.75% preference share tradedended trading with 168,000 units at $3, Jamaica Money Market Brokers preference share traded 7.50% contributed 2,500 units at $2 and Proven Investments 8% preference share traded 67,300 units to close 20 cents down at $5.50.

Scotia rises more to come on TTSE

Scotia logo Trading on the Trinidad Stock Exchange closed the last week in November with 11 securities changing hands, 4 advanced, 4 declined and 3 traded firm. A total of 313,960 units, valued at $2,266,333 traded. Scotiabank continues with its recovery with a further gain at the close but more importantly, the bid closed above $59 for the first time in weeks having hit a low of $58 recently.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had one of its strongest reading since we have been monitoring this market with 8 stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower. This continues to signal rising prices in the market in the weeks ahead.
At the close of the market, the Composite Index lost 0.14 points to close at 1,143.06, the All T&T Index rose 1.28 points to close at 1,969.34 and the Cross Listed Index fell 0.21 points to end at 41.48.
TTSE sum 28-11-14 Gains| Stocks increasing in price at the close are, Clico Investment Fund with 45,152 shares, valued at $1,023,843, advanced by 10 cents to $22.70, National Enterprises contributed 24,500 shares with a value of $428,260, while gaining a cent, to $16.48. Scotiabank traded 3,046 shares valued at $179,166 and advanced by 12 cent to end at $58.82 and Trinidad Cement a volume of 71,250 shares being traded for $162,663 gained 15 cents to end the day at $2.30.
Declines| The stocks declining at the end of trading are, First Citizens Bank traded 4,507 shares as the price slipped by 1 cent to $36.76, National Commercial Bank (NCB), with 122,940 shares changing hands, for a value of $131,546. NCB’s price fell 3 cents to $1.07, followed by Praetorian Property Mutual Fund in trading 31,000 units but fell 10 cents, to close at $3.40 and Republic Bank traded a mere 16 shares, and ended with a 1 cent loss, to $119.96.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Massy Holdings traded just 49 shares to close at $68.48, Sagicor Financial Corporation added 10,500 shares at $6, and Scotia Investments traded 1,000 units at $1.45.

Rising prices ahead on TTSE

Trading on the Trinidad Stock Exchange ended with 14 securities changing hands of which 4 advanced, 1 declined and 9 traded firm with a total of 157,147 units, valued at $1,903,518.
TTSE 27-11-14At the close of the market, the Composite Index inched up 0.03 points to close at 1,143.20, the All T&T Index rose 0.05 points to close at 1,968.06 and the Cross Listed Index remained at 41.69.
Gains| Stocks increasing in price at the close are, Ansa Merchant Bank that gained a cent in closing at $39.42 while trading 185 shares. First Citizens Bank traded 3,373 shares, to close with a gain of 1 cent at $36.76, Massy Holdings traded 16,941 shares valued at $1,159,616, gained 3 cents to close at $68.48. and Praetorian Property Mutual Fund traded 50,000 shares valued at $175,000 and advanced by 10 cents, to end at $3.50.
Declines| The stock declining at the end of trading is, Point Lisas Industrial Port Development declined 2 cents to end the day at $4 and traded just 100 units.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Angostura Holdings contributed 10,823 shares with a value of $138,101 and closed at $12.76. Agostini’s with 402 shares ended at $17.33, Flavorite Foods traded 100 units at $4.90, Jamaica Money Market Brokers added 7,823 shares to close at 45 cents, National Commercial Bank with 50,000 shares changing hands, closed at $1.10. National Enterprises ended with 2,000 shares trading at $17.47, One Caribbean Media traded 4,900 units at $25.10, Prestige Holdings had 500 shares traded at $9.56 and Sagicor Financial Corporation 6.5% preference shares traded 10,000 units at US$1.10.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 7 stocks with the bid higher than their last selling prices and only 1 stock with the offer that was lower, this is the second day of such strong signal, an indication that prices should be rising in the session ahead.

12 stocks rise 4 declines on JSE

In Thursday’s activity on the Jamaica Stock Exchange, Sagicor Investments bought and sold 5,130,557 National Commercial Bank shares at $92.8 million, accounting for the bulk of trading on the exchange. At the close the prices of 12 stocks rose and 4 declined as 27 securities changed hands, ending in 8,932,509 units trading, valued at $99,815,205, in all market segments.
JSE sum 27-11-14f IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had only 2 stocks with bids higher than their last selling prices and 8 stocks with offers that were lower, reflecting short term negative sentiments.
Main Market| The JSE Market Index lost 137.73 points to 74,025.31, the JSE All Jamaican Composite index fell 154.01 points to close at 81,481.88 and the JSE combined index gained declined by 68.49 points to close at 76,011.41.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Cable & Wireless with 7,500 units to close with a gain of 1 cent at 44 cents, Jamaica Money Market Brokers concluded trading with 4,500 units to close with a gain of 5 cents at $7.05, Jamaica Producers concluded trading with 2,123 units and put on 50 cent down at $16, Sagicor Group closed with 209,069 shares as the price climbed 2 cents to $9.90 and Scotia Investments closed with 1,500 shares changing hands to close with a gain of 4 cents at $22.55.
Firm| The stocks in the main market to close without a change in the last traded prices are, Caribbean Cement ended trading with 713 shares at $2.40, Carreras exchanged a mere 100 shares at $37, Gleaner in trading with 100,000 shares, to close at $1. Grace Kennedy exchanged 4,380 shares at $60.40, Kingston Wharves ended trading with 12,000 shares changing hands at $6, Proven Investments contributed 3,300 units at 17.99 US cents, Radio Jamaica ended trading with 1,635 shares at $1.18, Sagicor Real Estate Fund finished trading with 22,000 units changing hands at $6.85 and Seprod closed with 18,593 units at $12.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Desnoes & Geddes ended with 2,020 units as the price slipped 6 cents to $4.76, Jamaica Broilers closed with 9,318 shares trading 1 cent lower at $4, National Commercial Bank finished with 5,149,153 shares with a loss of 8 cents to $18.01, Scotia Group finished trading with 2,300 units and fell 5 cents to $19.50
Preference| Jamaica Money Market Brokers 8.50% preference share traded 12,000 units and gained 7 cents to $3.50 and Proven Investments 8% preference share ended with 3,846 shares changing hands to close with an increase of 70 cents to stocks closed at all-time highs $5.70.

Trading sinks to only $7M on JSE

In a very moderate trading Wednesday on the Jamaica Stock Exchange, the prices of 5 stocks rose and 8 declined as 23 securities changed hands, ending in only 1,348,967 units trading, valued at $6,683,127, in all market segments.
JSE 26-11-14 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had 6 stocks with bids higher than their last selling prices and 6 stocks with offers that were lower.
Main Market| The JSE Market Index shed 384.01 points to 74,163.04, the JSE All Jamaican Composite index fell 429.38 points to close at 81,635.89 and the JSE combined index declined by 414.46 points to close at 76,079.90.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Carreras concluded trading with 30,485 shares while gaining 50 cents to $37, Grace Kennedy finished trading with 9,710 shares rising 40 cents to $60.40, Proven Investments concluded trading with 26,880 units and put on 0.69 cent to 17.99 us cents and Seprod ended trading with 80,000 shares with an increase of 20 cents to $12.
Firm| The stocks in the main market to close without a change in their last traded prices are, Caribbean Cement ending with 193,500 shares trading at $2.40, followed by Ciboney in exchanging 2,000 shares, to close at 7 cents, Jamaica Money Market Brokers ended trading with 2,120 ordinary shares at $7. Kingston Wharves ended trading with 130,544 shares at $6, Radio Jamaica finished trading with 12,696 shares at $1.18, Sagicor Real Estate Fund had 30,000 shares changing hands at $6.85 and Scotia Group ended with 13,040 units to close $19.55.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Cable & Wireless that closed with 79,383 shares trading 1 cent lower, at 43 cents, Desnoes & Geddes with 28,292 shares, at a loss of 1 cent to $4.82, Jamaica Broilers finished trading with 43,836 units, fell 9 cents to $4.01. Mayberry Investments exchanged 65,000 shares to close 2 cents lower at $1.48, National Commercial Bank concluded trading with 16,878 shares changing hands to close at 76 cents down at $18.09 and Salada Foods ended with 10,000 shares changing hands to close at 35 cents lower at $7.50.
Preference| Jamaica Money Market Brokers 7.50% preference share traded contributed 98,000 units at $2.