3 stocks gained 3 fell on TTSE

September 3, 2015 by

National Four rose in trading on Thursday

National Four rose in trading on Thursday

The Trinidad & Tobago Stock Exchange closed with 13 securities compared to only 4 on Wednesday changing hands, the price of 3 stocks rose, while 3 declined and 7 traded with price unchanged. A total of only 75,467 units traded, valued at $956,062.
At the close, the Composite Index fell by 0.05 points to 1,144.56, the All T&T Index gained 0.31 points at 1,947.49 and the Cross Listed Index fell 0.06 points to 44.81.
Gains| National Flour Mills with 4,154 shares changing hands, ended at $2.06 after adding 1 cent, Scotiabank closed with 3,195 shares changing hands to gain 9 cents and end at $62.49 and West Indian Tobacco traded just 102 shares to close with a gain of 6 cents back at $125.42.
Losses| Agostini’s ended at $17.25 with a loss of a cent, after trading 749 units, JMMB Group ended with a loss of 1 cent in trading 8,800 shares at 42 cents and Republic Bank closed with a fall of a cents to $112.99, with 2,077 shares changing hands.
Firm Trades| Angostura Holdings ended with 12,645 shares changing hands at $14,TTSE 3-9-15 Ansa Merchant Bank traded 200 units to end at $38.94, Guardian Holdings added 4,052 shares to close at $12.90, First Citizens Bank had only 3,078 shares changing hands to end at $35. National Commercial Bank traded 17,882 shares to close at $1.60, Sagicor Financial Corporation closed with 18,383 shares changing hands at $6 and Scotia Investments closed with 150 shares changing hands at $1.60.
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 6 stocks with offers that were lower.

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

JSE gains on Thursday morning

September 3, 2015 by

After trading for 100 minutes of the market’s opening, on Thursday 22 securities traded with a volume of 1,953,223 units, with 4 stocks declining and 6 rising.
Trading activity resulted in mixed fortunes for the indices with the main market ones rising and the junior market easing a bit.
JSE Intra 3- 09-15 The JSE Market Index rose 612.43 points to 98,396.16.22. The JSE All Jamaican Composite index gained 684.53 points to 108,919.47 and the JSE combined index added 559.60 points to be at 101,562.33. The junior market fell 1.97 points to 970.20.
The notable trades are Cable & Wireless with 876,220 shares at 49 cents, for a gain of 2 cents, Caribbean Cream had 245,000 units trading at $1.71, down 69 cents, Carreras traded 274344 at $50, Sagicor Group saw 178,396 units changing hands at $13, while Scotia Investments put through 42,000 shares at $27.70.

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

See-saw action continues on JSE

September 2, 2015 by

Cable & Wireless HQ - the stock is in demand with the merger of Flow and C&W gathers pace.

Cable & Wireless HQ – the stock is in demand with the merger of Flow and C&W gathers pace.

The Jamaica Stock Exchange closed trading on Wednesday with main market indices rising with advancing and declining stocks evenly matched but with limited trading activity except for a 3 securities that had relatively high volumes. The market closed with 28 securities changing hands, resulting in 5,735,184 units trading, valued at $17,707,188, with 8 stocks rising, 8 declining in all market segments.
At the close, the JSE Market Index fell 245.83 points to 97,783.73. The JSE All Jamaican Composite index declined 274.77 points to 108,234.94 at support level on the downside and the JSE combined index fell 50.41 points to end at 101,002.73.
JSE Sum -2- 9-15 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 7 stocks with bids higher than their last selling prices and 9 with offers that were lower.
In trading, Cable and Wireless rose just 1 cent with 2,882,269 (Tuesday 2,494,634) units and at 47 cents. At the close, visible bids exist for 1 million units at 46 cents, and ranging between 40 cents and 45 cents a total of 1.46 million units. On offer between 48 and 55 cents, are 11 visible offers to sell 3.3 million shares. Caribbean Cement had 797,607 shares changing hands for a loss of 10 cents to $7.90, Carreras closed at $50.30 as the price gained 80 cents while 7,380 units traded. Desnoes & Geddes traded 50,000 shares but lost 40 cents in closing at $6, Grace Kennedy had 38,552 units changing hands at JSE fn qts 2-9-15$64, Jamaica Broilers closed at $5.60 with 43,741 shares changing hands as the stock lost 80 cents. Sagicor Group with 40,000 shares changing hands, closed with a loss of 43 cents at $12.57, Scotia Group traded 14,800 units to close with a gain of 26 cents at $24, Scotia Investments ended at $27 while only 8,000 units traded but the stock traded in Trinidad at the equivalent of J$29.50 and with a bid to buy over 320,000 units at the same price. Proven Investments ordinary share, traded 15,346 units at 21 US cents, Jamaica Money Market Brokers 7.50% preference share traded 53,016 units at $2 and Proven Investments 8% preference share traded 135,594 units at $4.90.

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

Just 4 TTSE stocks trade

September 2, 2015 by

The Trinidad & Tobago Stock Exchange closed with only 4 securities changing hands, the price of 2 stocks rose, while 1 declined and 1 traded with price unchanged. A total of only 31,940 units traded, valued at $603,353.
At the close, the Composite Index advanced by 0.23 points to 1,144.61, the All T&T Index remained at 1,947.18 and the Cross Listed Index gained 0.06 points to 44.87.
TTSE 2-9-15 Gains| Massy Holdings had 3,170 shares trading at $62.50 with a gain of 1 cent, Scotia Investments closed with 17,770 shares changing hands with the price rising 7 cents to close at a 52 weeks’ high of $1.60, at the close the bid was at $1.60 to buy 321,342 units, there were no stock on offer. Clico Investment Fund ended at $22.51 with a loss of a cent, after trading 16,700 units and First Citizens Bank had only 300 shares changing hands to end at $35.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than their last selling prices and 4 stocks with offers that were lower.

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

Securities trading at elevated level

September 1, 2015 by

NCB jumped to $30 on Tuesday.

NCB jumped to $30 on Tuesday.

The Jamaica Stock Exchange closed trading on Tuesday with main market indices rising with advancing stocks in the ascendancy but with limited trading activity. The market closed with 33 securities changing hands, resulting in 2,973,601 units trading, valued at $16,122,122, with 9 stocks rising, 6 declining in all market segments. and 2 junior market stocks closing at new 52 weeks’ high,
At the close, the JSE Market Index rose 745.81 points to 98,029.56. The JSE All Jamaican Composite index jumped 833.61 points to 108,509.71 at support level on the downside and the JSE combined index added 634.94 points to end at 101,053.14.
JSE Sum -1- 9-15 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 10 stocks with bids higher than their last selling prices and 7 with offers that were lower.
In trading, Cable and Wireless rose just 1 cent with 2,494,634 units and closed at 46 cents. At the close, visible bids ranging between 40 cents and 45 cents totalled 2.6 million units. On offer between 48 and 50 cents, are 6 visible offers to sell 3.27 million shares. Desnoes & Geddes traded 2,337 shares at $6.40 with a fall of 40 cents, Grace Kennedy had 108,148 units changing hands at $64, Jamaica Broilers closed at $6.40 with just 38,000 shares changing hands. The price rose to $6.99 in the morning session before falling JSE end qts 1-9-15back to the closing price. Mayberry Investments ended up rising 50 cents to $3.40 with 83,868 units, but the stock closed with an offer at $3.05 to sell 100,000 units. National Commercial Bank traded 163,714 shares and closed with a gain of $1.25 at $30, the price also jumped in Trinidad to reach J$30. Sagicor Group with 21,500 shares changing hands, closed at $13. Scotia Group traded 4,825 units to close with a gain of 60 cents at $23.76, Scotia Investments ended down 79 cents at $27 while only 1,000 units traded and Proven Investments ordinary share, traded 15,245 units at 21 US cents and Jamaica Money Market Brokers 7.50% preference share traded 25,000 units at $2.

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

4 TTSE stocks up 3 down on Tuesday

September 1, 2015 by

First Citizens gained 50 cents to close at $35 on Tuesday

First Citizens gained 50 cents to close at $35 on Tuesday

After closing for the Independence holiday on Monday, the Trinidad & Tobago Stock Exchange closed with 16 securities changing hands with the prices of 4 stocks rising, while the price of 3 declined and 9 traded with prices unchanged. A total of 177,287 shares traded, valued at $1,082,202.
At the close, the Composite Index advanced by 2.84 points to 1,144.38, the All T&T Index gained 1.88 points to 1,947.18 and the Cross Listed Index gained 0.51 points to 44.81.
Gains| Agostini’s traded 2,711 shares and closed at $17.26 with a gain of 1 cent, First Citizens Bank had 5,503 shares changing hands to end with a gain of 50 cents at $35, National Commercial Bank traded 13,600 shares and gained 11 cents, to close at $1.63 and Scotiabank closed with 7,288 shares changing hands valued at $454,771 to gain 8 cents and end at $62.40.
Losses| JMMB Group ended with a loss of 2 cents in trading 30,000 shares at 43 cents, Massy Holdings had just 80 shares trading at $62.49 with a loss of 1 cent and National Flour Mills with 51,040 shares changing hands, ended at $2.05 after shedding 4 cents.
Firm Trades|, Ansa McAl traded 460 units to end at $67.25, FirstCaribbean International Bank traded 1,298 shares and closed at $5, Grace Kennedy closed with 7,080 shares changing hands at $3.50, TTSE 1-9-15up-at-guardian-holdings/”>Guardian Holdings added 1,949 shares to close at $12.90. One Caribbean Media traded only 80 shares with the price remaining at $22, Point Lisas traded 12,664 shares at $4.07, Prestige Holdings with 1,053 units changing hands ended at $9.89, Scotia Investments closed with 19,925 shares changing hands unchanged at $1.53 and Trinidad Cement ended at $2.75 with 22,556 shares changing hands.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than their last selling prices and 4 stocks with offers that were lower.

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

Only $10m traded on JSE on Monday

August 31, 2015 by

NCB's new Constant Spring Rd. branch. The company's stock closed with a gain of 73 cents on Monday

NCB’s new Constant Spring Rd. branch. The company’s stock closed with a gain of 73 cents on Monday

The Jamaica Stock Exchange closed on Monday with main market indices declining again but advancing stocks were in the ascendancy. The market closed with 33 securities changing hands, resulting in 2,973,601 units trading, valued at $10,712,304, with 14 stocks rising, 6 declining and 2 junior market stocks closing at new 52 weeks’ high, in all market segments.
Unlike Friday when there were only 9 securities trading in the main and US dollar markets, Monday saw trading in 19 securities.
At the close, the JSE Market Index fell 334.02 points to 97,283.75. The JSE All Jamaican Composite index declined 373.34 points to 107,676.10 at support level on the downside and the JSE combined index added 227.26 points to end at 100,418.20.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading that confirms that the decline in the market is ending. JSE sum- 31-08-15rTrading closed with a reading of 10 stocks with bids higher than their last selling prices, and 4 with offers that were lower, the same reading as on Friday.
In trading, Cable and Wireless rose just 1 cent with 1,764,685 units and closed at 46 cents. At the close, bids have built up with 159,000 units at 44 cents, at 43 cents, two bids form 779,586 units, and at 42 cents 710,209 units, 120,000 at 41 cents and 1,538,423 units at 40 cents. On offer between 46 and 52 cents, are 7 visible offers to sell 1,550,578 shares, IC Insider understands that there is an undisclosed amount at 46 cents. Grace Kennedy had 48,366 units changing hands at $64, Jamaica Broilers traded at $6.40 with just 2,500 shares JSE fn Qts-31-08-15changing hands to gain 80 cents, JMMB Group traded 28,350 shares at $7.50, but lost 20 cents, National Commercial Bank traded 11,348 shares and closed with a gain of 73 cents at $28.75. Sagicor Group with 82,930 shares changing hands, closed at $13. Scotia Group traded 70,705 units to close with a gain of 60 cents at $24.36, Scotia Investments ended down 79 cents at $27 while only 1,000 units traded, Supreme Ventures ended with 21,362 stock units trading, with a gain of 2 cents to $3.42 and Proven Investments ordinary share, traded 23,350 units at 21 US cents for a loss of 1 US cent.

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

Declining stocks clobber advancers on JSE

August 26, 2015 by

VMBS Wealth acquired the bulk of shares trading in connection with the pension funds they manage.

VMBS Wealth acquired the bulk of shares trading in connection with the pension funds they manage.

The Jamaica Stock Exchange on Wednesday closed with main market indices dropping, with declining stocks far exceeding advancing ones. The market closed with a fairly high participation rate of 38 securities changing hands, resulting in 33,498,729 units trading, valued at $379,007,378 with only 6 stocks rising, 19 declining, in all market segments. The big jump in the level of trading took place with a switch in ownership to VMBS Wealth of the pension fund portfolio in stocks.
At the close, the JSE Market Index fell 262.83 points to 98,086.58. The JSE All Jamaican Composite index lost 293.77 points to close at 108,573.44 and the JSE combined index dropped 272.27 points to end at 100,777.77.
JSE sum- 26-08-15 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading that reflects continuation of declining stocks having the upper hand over advancing ones. There was slightly less bias to the downside, than at the close of trading on Tuesday, with Wednesday’s reading of 7 stocks with bids higher than their last selling prices and 9 with offers that were lower.
In trading, Cable and Wireless fell 1 cent with 110,387 units and closed at 42 cents, Caribbean Cement had 54,911 units changing hands at $8, Carreras closed with 1,149,666 shares trading 50 cents lower at $49.49, with the bulk of the shares being a product of the VMBS Wealth pension portfolio shift. Grace Kennedy closed with 1,400,261 shares trading $64, Jamaica Broilers traded at $7 with just 1,000 shares changing hands, with a gain of $1.40. Jamaica Stock Exchange traded 2,105,142 shares at $7.89, JMMB Group traded 8,582,455 shares, including shares associated with the VMBS Wealth pension fund change, to close at $7.52, Kingston Properties had 664,191 shares trading for a fall of $1.01 to end at $6.99, National Commercial Bank traded 569,187 shares to end with a decline of 73 cents at $28.02. JSE fn Qts-26-08-15Pan Jamaican fell 25 cents to end at $61 with 802,473 units changing hands, Radio Jamaica traded 37,900 shares unchanged at $3.01, Sagicor Group with 2,973,500 shares changing hands, closed 5 cents higher at $13. Scotia Group traded 198,010 units to close with a loss of 60 cents at $23.76, Scotia Investments traded 440,000 shares to close at $27.69 for a fall of 1 cent, Supreme Ventures ended at $3.40 with 13,828 units to be down by 40 cents and Jamaica Money Market Brokers 8.75% preference share traded 100,000 units to close at a 52 weeks’ low of $2.94, for a loss of 4 cents.

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

55% repo rate hike pressuring TTSE

August 25, 2015 by

Massy Holdings shed 51 cents on Tuesday & helped pull TTSE down.

Massy Holdings shed 51 cents on Tuesday & helped pull TTSE down.

The sharp 55 percent rise in the central bank of Trinidad & Tobago repo rates since last year, continues to take a toll on prices of stocks listed on the Trinidad & Tobago Stock Exchange.
In Tuesday’s trading, 10 securities changed hands, one stock gained while the prices of 2 declined pulling down the TTSE two main indices and 7 traded with prices unchanged as a total of 428,778 shares traded, valued at $7,240,375. At the close, the Composite Index declined by 1.04 points to 1,142.48, the All T&T Index fell 2.21 points to 1,947.84 and the Cross Listed Index rose 0.02 points to 44.21.
Gains| Scotia Investments closed 2 cents higher with 30,000 shares changing hands at $1.53, to be the sole stock gaining.
Losses| Massy Holdings had 2,410 shares trading to end at $62.50, after shedding 51 cents and Trinidad Cement suffered a loss of 15 cents to close at $2.75 with 2,120 shares changing hands.
TTSE sum 25-8-15 Firm Trades|, ANSA McAL contributed 26,740 shares with a value of $1,798,265 and closed at $67.25, Ansa Merchant Bank traded 984 units at $38.95, Clico Investment Fund traded 189,123 shares valued at $4,256,983 and closed at $22.50, First Citizens Bank had 9,285 shares changing hands valued at $324,975 and ended at $35. Guardian Media added 500 shares to close at $19.76, JMMB Group traded 122,958 shares to close at 42 cents and Sagicor Financial Corporation closed with 34,658 shares changing hands at $6, for a value of $207,948.
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 4 stocks with offers that were lower.

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

Only 2 price changes on TTSE

August 21, 2015 by

TTSEDailyTRading280x150 In overall trading Friday on the Trinidad & Tobago Stock Exchange, 6 securities changed hands, the price of 1 rose, 1 declined and 4 traded with prices unchanged as a total of 106,169 shares traded, valued at $949,980.
At the close, the Composite Index rose 0.17 points to 1,145.78, the All T&T Index was unchanged at 1,954.54 and the Cross Listed Index gained 0.04 points to close at 44.19.
Gains| JMMB Group traded 12,000 shares to close 1 cent higher at 42 cents.
Losses| Sagicor Financial Corporation closed with a fall of 50 cents with 42,135 shares changing hands at $5.50, for a value of $252,743.
Firm Trades|, Clico Investment Fund traded 18,370 shares valued at $413,509 and closed at $22.51.TTSE sum 21-8-15r Guardian Holdings added 20,000 shares to close at $12.90, National Commercial Bank traded 5,664 shares at $1.52 and Scotia Investments had 8,000 shares changing hands at $1.51 at the close.
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 3 stocks with offers that were lower.

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