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.
4 TTSE’s stocks up 3 down on Wednesday
Unilever Caribbean traded at a new high on Wednesday
At the close, the Composite Index ending with a rose of 0.87 points at 1,160.53 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 5 stocks with offers that were lower.
Gains| Clico Investment Fund closed with 11,760 shares valued at $266,326 changing hands, 7 cents higher at $22.65, Prestige Holdings traded 2,603 units to end at $10.10, having risen 5 cents to a 52 weeks’ high. Trinidad Cement closed at a new 52 weeks’ high of $4.33 with 200 shares changing hands, after adding 13 cents and Unilever Caribbean ended with 12,085 shares valued at $823,593 trading with a gain of 12 cents, for a new 52 weeks’ high of $68.15.
Declines| First Citizens Bank traded 2,733 shares carrying a value of $326,328, to close with a fall of 1 cent at $35.01, Point Lisas fell 4 cents in trading 1,000 units at $3.91 and Trinidad and Tobago NGL closed with a loss of 1 cent at $22 as 34,957 shares changed hands for a value of $769,101.Firm Trades| Republic Bank closed at $112, with 279 shares changing hands, Sagicor Financial Corporation closed with 206 shares changing hands at $6.03, and infrequent trader L.J. Williams B share traded 615 units to close with a gain of 2 cents to end at 99 cents.
Confidence Vote in Xfund & more
Hotel property owned by Sagicor Real Estate Fund
Most recent reports show that a director of Sagicor Real Estate X Fund demonstrated strong faith in the future of the company, by purchasing 121,500 shares on November 20 at $9.90. The fund reported consolidated net profit attributable to stockholders of $1.04 billion for the nine months to September or 63 cents per share with net profit for the September quarter ending at $349 million or 17 cents per share. The quarterly results include capital gains on financial assets and liabilities of $279 million and $746 million for the year to date. The net asset at the end of September amounts to $6.83 with the selling at a premium of 46 percent above net assets.
Elsewhere, at Caribbean Flavours connected parties, purchased 212,000 units of the company’s shares on November 17 at $5, the stock last traded at $6.30 and should go higher with recent results showing growth in profits.
Insiders purchased NCB shares recently.
Lasco Financial Services that is expanding into new areas, saw a connected party purchasing 393,189 shares between November 5 and 23. At Sagicor Group an Executive and two Officers collectively purchased 497,634 of the company’s shares under the Executive Long Term Incentive Scheme on November 16 and 17, but on November 18 an Executive sold 365,400 shares.
Not all insiders were buyers, as Kingston Wharves advised that connected parties sold 12,523 units of its shares on November 17 and 18, while at Mayberry Investments connected parties purchased 4,058,034 units of the company’s shares while a related party sold 3,500,000 units on November 17 and a connected party purchased 127,443 shares on November 18.
Caribbean Cream informed the stock exchange that a connected party sold 750,000 shares between October 28 to 30, while a related party purchased 2,895 shares on October 16.
7 TTSE’s stocks gain 3 lost on Tuesday
Trading on the Trinidad and Tobago Stock Exchange remains elevated on Tuesday, ending with 14 active securities of which 7 stocks closing higher, 3 declined and 4 remained unchanged as 146,401 shares changed hands for a value of $1,936,656.
At the close, the Composite Index ending with a rose of 0.29 points at 1,159.66 the
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than the last selling price and 4 stocks with offers that were lower.
Gains| Clico Investment Fund closed with 19,600 shares valued at $ 442,568 changing hands, 1 cent higher at $22.58, First Citizens Bank traded 2,733 shares to close with a gain of 2 cents at $35.02, Grace Kennedy had 10,345 units changing hands at $3.75, for a 15 cents gain. One Caribbean Media traded 100 shares and gained 5 cents to end at $22.05, Praetorian Property Mutual Fund contributed 10,000 shares and rose 2 cents to end at $3.09. Sagicor Financial Corporation closed with 2,726 shares changing hands at $6.03 for a 1 cent gain and Trinidad and Tobago NGL closed with a gain of 45 cents, at $22.01 as 48,585 shares changed hands for a value of $1,055,700.
Declines| Ansa Merchant Bank traded 887 units to close 2 cents lower at $38.65, Guardian Holdings with 14,116 shares changing hands, closed with a loss of 1 cent at $12.90 and JMMB Group fell 3 cents to end at 50 cents while trading 20,000 units.
Firm Trades| National Commercial Bank contributed 5,069 shares at a closing price of $1.95, Prestige Holdings traded 489 units to end at $10.05, Scotia Investments closed at $1.59, with 2,365 shares changing hands and infrequent trader L.J. Williams B share traded 9,386 units to close at 97 cents.
JSE falls in mid-morning
In early trading on the Jamaica Stock Exchange market indices slipped with the all Jamaica Composite Index falling 368.56 points to 155,948.61 at 10.45 am on Tuesday morning. 
The JSE Market Index lost 329.79 points to 140,478.21, the JSE combined index fell 333.67 points to be at 147,037.41 and the junior market index shed 2.50 points to 1,613.18.
Trading volumes have been low with 75 minutes of the market opening. Cable & Wireless traded the most with 365,236 units and last traded at $1.40, Sagicor Group had 720,061 units trading at $16.90, Jamaica Money Market Brokers 8.50% preference share with 233,938 units at $4.60 with a huge gain of $1.05.
In trading 27 securities have changed hands with a volume of 1,926,677 units as 9 stocks gained and 12 declined.
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.
Selling pressure hits C&W
The Jamaica Stock Exchange all Jamaica Composite Index has shot up by 1,829.25 points to 157,525.62 at 11 am on Thursday morning. The JSE Market Index jumped 1,636.83 points to 141,889.33 the JSE combined index 
rose 1,258.48 points to be at 148,649.84 and the junior market index slipped 32.13 points to 1,644.55.
In trading, Cable & Wireless came under selling pressure and traded as low as $1.55 with 2,326,790 units changing hands and up to $1.80, but last traded at $1.78, Eppley traded at a new high of $400 with gain of $20, Desnoes & Geddes traded 405,690 at $30 and Sagicor Group has seen 311,800 shares changing hands at $17.
The number of securities trading climbed sharply to 32 securities changing hands with a volume of 4,293,752 units as 11 stocks gained and 13 declined after 90 minutes of trading.