in Monday trading on the Trinidad Stock Exchange, 17 securities changed hands of which 5 advanced, 5 declined and 7 traded firm. A total of 200,232 units changed hands, with a value of $6,438,679.
The Composite Index declined by 0.16 points to close at 1,146.16, the All T&T Index fell 0.07 points to close at 1,979.81 and the Cross Listed Index eased 0.03 points to end at 40.91.
Gains| Stocks increasing in price at the close are, Clico Investment Fund with 16,470 shares valued at $363,164 and advanced by 5 cents to end at $22.05, First Citizens Bank increased 50 cents to end the day at $36.50, with 60,000 shares changing hands, for a value of $2,184,169, One Caribbean Media traded 5,250 shares, a cent higher at $24.36, for a new 52 weeks’ high and Unilever Caribbean traded 971 shares with a gain of 3 cents, to land at $64.05, a new 52 weeks’ high.
Declines| The stocks declining at the end of trading are, Angostura Holdings with 393 shares traded, to close 5 cents off, at $12.70, Guardian Holdings traded 7,457 units at $13.40 for a loss of 10 cents, Republic Bank lost a cent, in closing at $121.72 with 13,625 shares traded, valued at $1,658,435, Scotiabank lost 20 cents to close at $60.80, a new 52 weeks’ low, while trading 9,918 shares valued at $603,014 and West Indian Tobacco traded 1,212 units, at $118.07 for 3 cents decline.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Berger Paints had 30 shares trading at $3.61, Guardian Media traded 250 shares at $19.76, while Massy Holdings added 14,628 shares valued at $1,002,181, ending at $68.51, National Flour with 29,538 shares traded for $38,399, closed at $1.30, Point Lisas Industrial Port with 5,000 units closed at $4, Prestige Holdings with 1,000 shares changing hands, closed at $9.50, Sagicor Financial traded 12,929 shares at $6.20 and Scotia Investments contributed 21,561 shares with a value of $31,263, to end at $1.45,
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.
Securities trading climbs on TTSE
Advances and declines even 7:7 on JSE
Activity on the Jamaica Stock Exchange on Monday, resulted in the prices of 7 stocks rising and 7 declining as 20 securities changed hands, resulting in 1,789,786 units trading, valued at $11,932,664.
Main Market| The JSE Market Index declined 529.66 points, to 71,857.69 and the JSE All Jamaican Composite index fell 592.25 points to close at 79,058.15.
Gains| Stocks closing with gains at their last traded price, in the main market are, Carreras with 26,708 ordinary shares trading, 5 cents higher to $34.40, Pan Jamaican Investment had 1,000 shares changing hands, one cent higher at $49.01, Proven Investments with 10,570 units, increased 0.99 US cent to 17.99 US cents, Sagicor Group put through 346,200 units with a gain of 5 cents to $9.25 and Scotia Group, had 91,798 shares changing hands, 15 cents higher at $19.40.
Firm| The stocks in the main market to close without a change in the last traded price are, Cable & Wireless with 3,000 units, closing at 30 cents, Jamaica Money Market Brokers with 60,068 ordinary shares, closed at $7 and National Commercial Bank with 55,031 shares ended at $18.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Grace Kennedy with 19,260 shares, losing 40 cents to end at $57.60, Jamaica Broilers with 10,000 shares fell 25 cents to $4.45, Mayberry Investments with 707 shares lost 5 cents to end at $1.45 and Radio Jamaica with 42,096 shares, declined 2 cents to $1.02.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 33,113 units with a cent increase, at $3.02, Jamaica Money Market Brokers 7.50% preference share traded 487,000 units at $2 and Proven Investments 8% preference share traded 371,893 units at $5.
Junior Market| The JSE Junior Market Index fell 0.50 points to close at 661.73, only 5 stocks traded, with 1 advancing and 3 declining.
Gains| Lasco Distributors was the only stock recording a gain at the end of trading in the junior market, with 49,500 units at a 1 cent gain to $1.13.
Firm Trades| C2W Music traded 15,000 units at 40 cents, to be the only stock in the junior market that traded to close without a price change.
Declines| Stocks declining in the junior market at the end of trading, are Caribbean Cream with 48,093 shares to lose 3 cents at 61 cents, General Accident with 40,000 shares, lost 4 cents to end at $1.46 and Lasco Manufacturing with 78,749 shares closed with a gain of a cent at 96 cents.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator showed 9 stocks with bids higher than their last selling prices and 4 stocks with offers that were lower.
Sweet River starts trading with small gain
Friday’s activity on the Jamaica Stock Exchange, resulted in the prices of 5 stocks rising and 8 declining, as 19 securities changed hands, with 4,358,188 units trading, valued at $120,793,953. Sweet River Abattoir, the latest junior market listing, traded for the first time, having been listed today, with 1,000 shares trading, slightly above the IPO price of $3.86.
Main Market| The JSE Market Index lost 295.47 points to 72,387.35 and the JSE All Jamaican Composite index fell 330.39 points, to close at 79,650.40.
Gains| The stocks gaining with last traded prices, at the end of trading in the main market are, Jamaica Money Market Brokers with 19,179 ordinary shares, rising 5 cents to $7, National Commercial Bank had 27,560 shares changing hands, 14 cents higher at $18, Scotia Group put through 153,187 units with a gain of 5 cents to $19.25 and Seprod, had 141,300 shares changing hands, 28 cents higher at $10.80.
Firm| The stock in the main market to close without a price change at the last traded prices is Sagicor Real Estate Fund with 26,530 units at $7.14
Declines| The last traded prices of stocks with losses at the at the end of trading in the main market are Carreras with 565,400 shares, lost 30 cents to end at $34.35, Grace Kennedy traded 1,514,078 units for $2 loss, to end at $58, Mayberry Investments with 20,000 shares, closed 20 cents lower at $1.50, Proven Investments ordinary stock, traded 49,418 shares and lost 0.99 cents to end at 17US cents and Sagicor Group traded 391,700 shares and lost 55 cents at $9.20.
Preference| Access Financial 9% debenture note, traded 102,000 units at $5 and Jamaica Money Market Brokers 8.50% preference share, traded 1,093,000 units at $2.
Junior Market| The JSE Junior Market Index fell 5.84 points to close at 662.23, as 6 stocks traded with 1 advancing and 3 declining.
Gains| Newly listed Sweet River Abattoir, closed with 1,000 shares trading at $3.90 for a 4 cents gain, on the IPO price and is the only stock gaining at the end of trading, in the junior market.
Firm Trades| Stocks in the junior market that traded to close at the same price as the day before are, General Accident with 150,000 shares, ending at $1.50, C2W Music 2,300 units trading at 40 cents and Jamaican Teas with 11,734 shares at $3.30.
Declines| Stocks declining in the junior market at the end of trading, are Honey Bun with 25,802 shares, lost 22 cents to end at $2.12, a 52 weeks’ Low, Lasco Financial with 39,000 shares changing hands, lost 3 cents to end at 95 cents and Lasco Manufacturing with 25,000 shares lost 5 cents to end up at 97 cents.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with bids higher than their last selling prices and 4 stocks with offers that were lower.
Stocks continue upward move on JSE
Thursday’s activity on the Jamaica Stock Exchange, resulted in the prices of 9 stocks rising and 3 declining as 24 securities changed hands, resulting in 6,462,363 units trading, valued at $54,606,207.
Main Market| At the close of the market the JSE Market Index gained 321.86 points to 72,682.82 and the JSE All Jamaican Composite index rose 359.90 points to close at 79,980.79.
Gains| Stocks gaining, with the last traded prices, at the close in the main market are, Jamaica Broilers with 10,500 shares, rising 5 cents to $4.70, Kingston Wharves with 5,250 shares changing hands, lost a cent at $5.01, Sagicor Real Estate Fund had 17,000 shares changing hands, 3 cents higher at $7.14 and Scotia Investments 22,050 shares at 20 cents more at $21.70.
Firm| The stocks in the main market to close without a change in last traded price are, Cable & Wireless with 3,317 units at 30 cents, Carreras 275,340 shares at $34.65, Jamaica Money Market Brokers with 4,525,000 ordinary shares, closed at $6.95, Jamaica Producers with 788 units ended at $15.08, Proven Investments 5,350 ordinary shares closed at 17.99 US cents, Sagicor Group 570,000 shares closed at $9.75 and Supreme Ventures with 31,000 units at $1.95.
Declines| The last traded prices of stocks with losses, at the at the end of trading in the main market are, Grace Kennedy with 1,623 shares, lost $1 to end at $60, National Commercial Bank traded 256,643 units at $17.86, a loss of 4 cents and Scotia Group with 65,819 shares, closed 6 cents lower at $19.20.
Preference| Eppley 9.5% preference share traded units 12,167 at $6.10, Jamaica Money Market Brokers 8.75% preference share put through 30,000 units at $3.01 and Proven Investments 8% preference share, traded 43,500 units at $5.
Junior Market| The JSE Junior Market Index increased 4.01 points to close at 668.07 as 8 stocks traded with 5 advancing and none declining.
Gains| Stocks recording gains at the end of trading in the junior market are, Blue Power traded 121 units 5 cents higher at $9.05, Dolphin Cove 348 shares closed 30 higher at $8.80, General Accident closed with 239,024 shares and gained 5 cents to $1.50, Lasco Financial 172,400 units, increased 1 cent to 98 cents and Lasco Manufacturing had 16,000 units trading 1 cent higher at $1.02.
Firm Trades| Stocks in the junior market that traded to close at the same price as the day before are, KLE with 127,123 shares at $1 and Lasco Distributors with 32,000 shares changing hands at $1.12.
IC bid-offer Indicator| At the end of trading 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.
Little change in prices on TTSE
Trading on the Trinidad Stock Exchange resulted in 13 securities changing hands of which 3 advanced, 4 declined and 6 traded firm. A total of 219,305 units changed hands, with a value of $2,848,235.
The Composite Index lost 0.20 points to close at 1,146.46, the All T&T Index fell by 0.06 points to close at 1,980.17 and the Cross Listed Index fell by 0.04 points to end at 40.94.
Gains| Stocks increasing in price at the close are, 
Ansa Merchant Bank trading 145 shares to close with a gain of 1 cent, at $39.34, a new 52 weeks’ high, Massy Holdings traded 1,720 units with a 1 cent gain, to end at $68.51 and West Indian Tobacco increased by 5 cents to $118.08 with 225 shares..
Declines| The stocks declining at the end of trading are Agostini’s with 56,845 shares changing hands, for a value of $980,576 and fell 9 cents to close at $17.25, Flavorite Foods traded 200 units and ended with a loss of 5 cents at $5.70, for a new 52 weeks’ low, National Enterprises with 2,000 units, closed with a loss of 1 cents at $17.75 and Scotia Investments with a volume of 53,155 shares traded for $77,075, lost 5 cents at $1.45.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund with 41,880 shares valued at $921,360 and remained at $22, while First Citizens Bank traded 7,008 shares and closed at $36, Guardian Holdings added 9,250 shares valued at $124,875 to close at $13.50, National Flour Mills with 355 units closed at $1.30, Republic Bank had 122 units changing hands at $121.73 and Sagicor Financial contributed 46,400 shares with a value of $289,995 at $6.25.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bids higher than their last selling prices and 5 stocks with offers that were lower.
Advancing stocks beat declining ones 10 to 5
Activity on Tuesday on the Jamaica Stock Exchange, resulted in the prices of 10 stocks rising and 5 declining as 22 securities changed hands, resulting in 2,709,606 units trading, valued at $13,735,300.
Main Market| The JSE Market Index gained 281.11 points to 72,079.49 and the JSE All Jamaican Composite index rose 314.34 points to close at 79,306.16.
Gains| The volume and last traded prices of stocks with gains, at the end of trading in the main market are, Carreras with 36,263 shares trading, with a 10 cents rise to $34.60, Desnoes & Geddes had 300 shares changing hands, 10 cents higher at $4.80, Proven Investments put through 1,000 units with a gain of 0.74 US cents to 17.99 US cents, Sagicor Group had 965,175 shares changing hands at 45 cents higher to $9.75, Sagicor Real Estate Fund with 11,715 units, increased 2 cents to $7.12 and Scotia Group 36,455 shares traded with a gain of 5 cents at $19.15.
Firm| The stocks in the main market to close without a change in price, with volume and last traded prices are, Gleaner with 500 units closed at $1.05, Grace Kennedy 3,348 shares ended at $59, Jamaica Broilers had 2,000 units trading at $4.50, Jamaica Money Market Brokers ordinary share closed with 15,330 shares at $6.95 and Jamaica Producers closed with 500 shares at $15.40.
Declines| The volume and last traded prices of stocks with losses at the at the end of trading in the main market are, Kingston Wharves with 24,915 shares, lost 25 cents to end at $5, Mayberry Investments traded just 500 units at $1.60 for a 10 cents loss and National Commercial Bank with only 1,200 shares, closed with a 15 cents loss at $17.85.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 103,000 units, for a cent increase at $3.01.
Junior Market| The JSE Junior Market Index increased 1.54 points to close at 663.70 as 7 stocks traded with 3 advancing and 2 declining.
Gains| Stocks recording gains at the end of trading in the junior market are, Caribbean Producers traded 3,855 units with a gain of 14 cents to $2.50, Consolidated Bakeries with 910,840 units, closed 5 cents higher at 85 cents and Lasco Distributors had 177,798 units trading with a 1 cent gain at $1.14.
Firm Trades| Stocks in the junior market that traded to close at the same price as the day before are Caribbean Cream traded 22,760 shares at 65 cents and General Accident 320,000 units at $1.45.
Declines| Stocks declining in the junior market at the end of trading, are Lasco Financial with 37,000 shares changing hands lost 3 cents to end at 95 cents and Lasco Manufacturing with 35,152 shares 1 cents to end at $1.03.
IC bid-offer Indicator| At the end of trading 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.
No declining stocks on Tuesday on TTSE
Trading on the Trinidad Stock Exchange was moderate with 12 securities changing hands of which 4 advanced, none declined and 8 traded firm, 201,944 units changed hands, with a value of $2,518,522.
The Composite Index rose by 0.08 points to close at 1,146.66, the All T&T Index advanced by 0.16 points to close at 1,980.23 and the Cross Listed Index remained at 40.98.
Gains| Stocks increasing in price at the close are, Agostini’s gaining 4 cents to end at $17.34 with 571 units, Ansa Merchant Bank traded 584 shares to close at a new 52 weeks’ high, of $39.33, by putting on a cent, First Citizens Bank gained 2 cents to $36 while trading 26,303 shares with a value of $946,904 and Massy Holdings closed with 4 cents gain to end at $68.50 while 7,130 shares traded.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, ANSA McAL at $66.25 while trading 3,201 shares, Clico Investment Fund with 9,700 shares valued at $213,400 remained at $22, Guardian Holdings traded 3,000 shares at $13.50, National Commercial Bank with a volume of 50,150 shares closed at $1, National Flour had 1,000 units changing hands to end at $1.30, ReadyMix put in only 100 units at $18.80, Sagicor Financial Corporation with 80,205 shares changing hands for a value of $501,281, closed at $6.25, followed by Scotia Investments with 20,000 shares at $1.50.
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 3 stocks with offers that were lower.
KLE Group director sells out
Two directors KLE Group sold 8,100,000 and 5,896,500 stock units of the company, on September 9, 2014, at $1 per share, bringing to three the number of directors who sold off large portion of their holding in the floundering group, within two months. One former director, Craig Powell, dumped part of his holdings, on Friday July 11, on the Jamaica Stock Exchange. Stocks and Securities acting as brokers on behalf of the seller and buyer, executed Powell’s trade at 90 cents each for the 7,181, 043 units, in July.
Powell is not the only director that has sold shares in the company. According to a listing of holdings in March, Kevin S. Bourke a director, held 10,435,250 shares, the same as of the end of 2013 and so did the CEO Gary C. Matalon with 9,295,250 units held directly, in his name, but with a total of 16,073,628 shares that he is connected with. Zuar A. Jarrett had 10,178,500 units at the end of 2013, this was down to 6,896,500 in March. Stephen Orlando Shirley had 10,111,500 units at the end of December, but 6,761,500 in March and David A. Shirley had 6,227,750 without any change in holdings, The sale are unlikely to be coming from the lesser amounts as they are no disclosure that directors bought more shares since March to have driven up their holdings. There are only two directors with enough shares to match the recent sales of 8.1 million units, either Matalon or most likely, Kevin S. Bourke. The 5,896,500 units sold looks very similar to Zuar A. Jarrett holding less 1 million units. On the same day the directors sold the shares recently, 1,849,709 shares was also sold. The latter amount seems part of JCSD Trustee Services – Sigma Optima shares which totalled 2,849,709 units in March. The sales took place against the back ground of the company reporting one of the better quarterly results since listing.
A senior manager sold Scotia Group advised of the sale of 15,960 shares on September 8, 2014 from shares held under the Employee Share Ownership Plan.
A senior manager sold 40,000 National Commercial Bank shares during the period August 18 – 26, 2014, the company reported.
Three 7s clashed Monday on the JSE
What will happen when the three 7s clash? Whatever, the facts are that three 7s did clash at the end of trading on the Jamaica Stock Exchange, on Monday, as the prices of 7 stocks rose, 7 declined and 7 held firm, as 21 securities changed hands, resulting in 8,573,262 units valued at $6,218,041 being exchanged. Trading activity left the two main indices sharply down, at the close of the market.
Main Market| The JSE Market Index dived 1,027.02 points to 71,798.38 and the JSE All Jamaican Index fell 1,148.40 points to 78,991.82, with Scotia Group falling by 90 cents and Grace Kennedy by $1.50.
Gains| The volume and last traded prices of stocks with gains, at the end of trading in the main market are, Berger Paints trading 1,800 shares to close with a gain of 2 cents at $1.62, Cable & Wireless with 5,975,977 shares, gained 2 cents to 30 cents, Kingston Wharves with 18,475 units changing hands, gained 24 cents at $5.25 and Proven Investments ordinary, traded 16,900 units to gain 0.15 US cent to end at 17.25 US cents.
Firm| The stocks in the main market to close without a price change are, Desnoes & Geddes with 5,000 shares changing hands and closed at $4.70, Sagicor Group 7,000 shares ending up closing at $9.30 and Supreme Ventures 2,500 shares closed at $1.80.
Declines| The volume and last traded prices of stocks with losses at the at the end of trading in the main market are, Caribbean Cement 13,423 shares, closed down 15 cents at $2.55, Carreras 20,318 shares changing hands resulted in 25 cents lost, to $34.50, Grace Kennedy had a mere 250 units trading but the price dropped, $1.50 to $59, Jamaica Broilers put through 100,571 shares while losing 2 cents, to end at $4.50, Jamaica Money Market Brokers had 49,782 ordinary shares closing 5 cents down at $6.95 and Scotia Group with 11,600 shares, closed down 90 cents to $19.10.
Preference| Jamaica Money Market Brokers 8.75% preference share, traded 20,000 units at $3 and their 8.50% preference share put in 25,000 units, 5 cents lower at $3.45.
Junior Market| The JSE Junior Market Index rose 1.67 points to close at 662.16, as 6 securities traded, with 3 advancing and none declining.
Gains| Stocks recording gains at the end of trading in the junior market are, Consolidated Bakeries with 1,816,000 units changing hands, 5 cents higher to close at 80 cents, General Accident with 200,000 shares changing hands and closed with a gain of 5 cents to $1.45 and Lasco Distributors in trading 210,690 units put on a cent to $1.13.
Firm Trades| Stocks in the junior market that traded to close at the same price as the day before are, Jamaican Teas that had 11,143 shares trading at $3.30 at the close, Knutsford Express with 1,812 shares, ended at $5 and Lasco Manufacturing ended up with 65,021 units at $1.04 at the close.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with bids higher than their last selling prices and 8 stocks with offers that were lower.
Moderate day but JSE puts in nice gain
In Friday’s trading on the Jamaica Stock Exchange, the prices of 7 stocks rose and 6 declined, as 20 securities changed hands, one stock closed at 52 weeks’ low. A total volume of 3,160,771 shares, valued at $13,089,114 traded.
Main Market| The JSE Market Index gained 922.25 points to 72,825.40 and the JSE All Jamaican Composite index, jumped 1,031.25 points to close at 80,140.22.
Gains| The volume and last traded prices of stocks with gains, at the end of trading in the main market are, Jamaica Money Market Brokers with 55,402 units changing hands, and gained 5 cents to $7, Kingston Wharves put through 40,914 shares at 1 cents more, to $5.01, Sagicor Real Estate Fund with 24,880 units, gained 10 cents to $7.10 and Scotia Group had 12,500 shares trading, to close with a gain of 95 cents at $20.
Firm| The stocks in the main market to close without a change in price, with volume and last traded prices are, Gleaner 1,000 shares, closing at $1.05, National Commercial Bank had 17,049 shares changing hands at $18 and Radio Jamaica with 9,585 shares, closed at $1.04.
Declines| The volume and last traded prices of stocks with losses at the at the end of trading in the main market are, Barita Investments with 43,000 shares, closed at $2.19 with a 1 cent fall, Cable & Wireless had 1,485,092 units changing hands, with 1 cent fall to 28 cents, Carreras put in 4,140 units and closed 5 cents lower at $34.75, Jamaica Broilers 1,000 shares ended with 1 cent decline at $4.52, Jamaica Producers had a sizable trade of 650,000 shares but the price shed 20 cents to $15.40 for a new 52 weeks’ low and Supreme Ventures 11,264 shares cost 1 cent less at $1.80.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 100,000 units at $3 and Proven Investments 8% preference share traded 2,000 units at $5.
Junior Market| The JSE Junior Market Index put on 2.65 points to close at 660.49 as only 4 stocks traded with 3 advancing and none declining.
Gains| Stocks recording gains at the end of trading in the junior market, are AMG Packaging with 17,767 shares to close with a 10 cents gain at $2.50, Lasco Financial 587,650 shares led to a gain of 1 cent to 98 cents and Lasco Manufacturing with 37,576 units, to close 3 cents higher, at $1.04
Firm Trades| Stocks in the junior market that traded to close at the same price as the day before are, Jamaican Teas with 2,952 units a $3.30 and Lasco Distributors with 57,000 shares at $1.12.
Declines| No stock declined in the junior market at the end of trading.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with bids higher than their last selling prices and 6 stocks with offers that were lower.