Trading Activity — Page 348

Mixed Tuesday for T&TSE stocks

July 6, 2021 by IC Insider.com

Market activity ended mixed on Tuesday after 186 percent more shares with a 129 percent higher value traded than on Monday, resulting in more slightly stocks rising than falling at the close of trading on the Trinidad and Tobago Stock Exchange.
At the close, 17 traded compared to 18 on Monday, with seven stocks rising, six declining and four remaining unchanged. The Composite Index lost 0.09 points to end at 1,417.69, the All T&T Index increased 0.44 points to 1,924.90 and the Cross-Listed Index eased by 0.09 points to 122.62.
A total of 1,115,815 shares traded, for $7,311,356 compared to 390,246 units at $3,197,729 on Monday. An average of 65,636 units traded at $430,080 compared to 21,680 at $177,652 on Monday. The average trade for the month to date amounts to 40,039 units at $326,084 versus 31,158 units at $290,004. The average trade for June, ended at 45,770 units at $724,497.
The Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Agostini’s settled at $24.55 after trading 50 stock units, Angostura Holdings rose 19 cents to $16.39 in switching ownership of 900 stocks, Ansa Mcal climbed 20 cents to a 52 weeks’ high of $57.20 with the swapping of 500 units. Clico Investment Fund exchanged 10,434 stocks at $26.90 in, First Citizens Bank spiked 10 cents to $50.30 in trading at 864 shares, FirstCaribbean International Bank shed 1 cent to $6.20 in trading 710 stocks, Grace Kennedy gained 5 cents to end at a 52 weeks’ high of $5.75, with 1,072,093 stock units changing hands. Guardian Holdings dropped 35 cents to end at $33.64, with 2,417 stock units clearing the market, JMMB Group fell 2 cents to $1.97 after 3,250 units cleared the market, Massy Holdings increased 50 cents to $80.50 after exchanging 5,089 stocks. National Enterprises remained at $3.25, with 3,000 stocks crossing the exchange, National Flour Mills ended at $2.25 after an exchange of 75 stocks, NCB Financial Group slipped 1 cent to $8.50, trading 753 units. Republic Financial Holdings shed 2 cents in closing at $135.08 in an exchange of 40 units, Scotiabank popped 1 cent higher to $59.75 after exchanging 667 stock units, Trinidad & Tobago NGL rallied 4 cents to $18.10, with 11,473 stocks clearing the market and Trinidad Cement slipped 3 cents to $3.27 in switching ownership of 3,500 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Stock Market Tagged With: Agostini's, Angostura Holdings, Ansa Mcal, Clico Investment, Daily Trading, Emerging markets, Emerging Stock, First Caribbean International Bank, First Citizens, Grace Kennedy, Guardian Holdings, JMMB Group, Massy Holdings, National Enterprises, National Flour, NCB Financial Group, Republic Financial Holdings, Scotiabank, Trading Activity, Trinidad & Tobago NGL, Trinidad Cement, TTSE, West Indian Tobacco

Junior Market fumbles on Monday

July 5, 2021 by IC Insider.com

Trading closed on the Junior Market on Monday with the index slipping, as the volume of stocks transferred tumbled 59 percent at 44 percent less the value from Friday’s readings as rising and declining stocks shared the spoils equally.
Overall, 34 securities traded down from 37 on Friday and ended with the prices rising and declining, closing with 14 each as six closed unchanged.
At the close, the Junior Market Index slipped below the 3,400 points levels again after falling 6.44 points to 3,395.86. The PE Ratio, a measure used to compute an appropriate value of a stock, averaged 13.1 based on ICInsider.com’s 2021-22 earnings forecast.
A total of 3,684,108 shares traded for $9,320,842 down from 8,962,101 units at $16,689,987 on Friday.
Future Energy Source led trading with 52.9 percent of the volume after exchanging 1.95 million shares, followed by Lumber Depot 14.6 percent, with 537,768 units and Jamaican Teas 4.5 percent with an exchange of just 166,833 units.
Trading averaged 108,356 units at $274,142 compare to 242,219 at $451,081 on Friday. For the month to date trading averages 180,075 units at $385,610, compared to 214,420 units at $438,989 on Friday. June closed with an average of 225,705 units at $644,459.
Investor’s Choice bid-offer indicator reading shows six stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial popped 52 cents to $21.09 in trading 30 shares, Caribbean Assurance Brokers rallied 10 cents to $1.99 with owners swapping 500 stocks, Caribbean Flavours slipped 5 cents to $2.10 with 44,050 units changing hands. Derrimon Trading fell 9 cents to $2.42 with an exchange of 127,347 stock units, Dolphin Cove gained 10 cents to finish at $8.40 with 500 shares passing through the market, Elite Diagnostic dropped 15 cents to $2.95 with a transfer of 24,084 stocks. Express Catering rose 5 cents to $6.09, trading 128,661 units, General Accident fell 35 cents to $5.25 in switching ownership of 1,400 stock units, GWest Corporation advanced 10 cents to a 52 weeks’ high of $1.40 with 1,250 shares changing hands. Indies Pharma spiked 47 cents to $3.88 with an exchange of 26,872 stocks, ISP Finance shed $1.03 to close at $21.40 with 1,000 units passing through the market, Jamaican Teas slipped 5 cents to $4.10 with a transfer of 166,833 stock units. Lasco Distributors lost 22 cents to finish at $4 with 73,010 shares traded, Lasco Financial dipped 5 cents to $3.28 with investors switching ownership of 36,613 stocks, Limners and Bards popped 5 cents to $3.10 with 36,211 units changing hands. Medical Disposables declined by 5 cents to $4.90 with a transfer of 12,792 stock units and Stationery and Office Supplies climbed 20 cents to $8 with 467 shares crossing the exchange.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, Best performing stock market, Blue Power, Caribbean Assurance Brokers, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, General Accident, GWest, Honey Bun, iCreate, Indies Pharma, ISP Finance, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Main Event, Medical Disposables, SSL Venture Capital, Stationery and Office, Trading Activity, tTech

JSE Main Market up on reduced trades

July 5, 2021 by IC Insider.com

Market activity ended on Monday with fewer securities trading than on Friday and the market rising after more stocks advanced than declined and 35 percent more shares valued 44 percent changed hands compared to Friday at the close of the Jamaica Stock Exchange Main Market.
At the close, the All Jamaican Composite Index rose 528.55 points to close at 464,445.61, the JSE Main Index surged 3,053.18 points to 427,216.40 and the JSE Financial Index popped 0.97 points to 105.13.
Trading ended with 46 securities compared to 50 on Friday, with 25 stocks rising, 16 declining and five remaining unchanged. The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 16.8 based on ICInsider.com’s forecast of 2021-22 earnings.
Trading ended with 7,760,356 shares for $70,527,298 versus 5,760,799 units at $127,050,791 on Friday. Wigton Windfarm led trading with 35.6 percent of the volume after exchanging 2.76 million shares, followed by Sagicor Select Financial Fund 20.3 percent, with 1.57 million units and JMMB Group 10.2 percent, after an exchange of 792,910 units.
Trading averaged 168,703 units at $1,533,202, compared to 115,216 shares at $2,541,016 on Friday. Trading month to date averages 124,689 units at $1,692,944, compared to 104,642 units at $1,765,697 on Friday. June ended with an average of 249,610 units at $3,877,606.
Investor’s Choice bid-offer indicator reading has 13 stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, Caribbean Cement shed $1.83 to $93 in exchanging 48,084 shares, Eppley spiked $3 to a record high of $45 in switching ownership of 4,766 stock units, First Rock Capital fell 25 cents to $15.50 with 33,951 units changing hands, Grace Kennedy dipped $2.98 to $103 with the swapping of 11,816 stocks. Guardian Holdings bolted $15 higher to $655 in transferring 684 stock units, Jamaica Broilers rallied $1.25 to $36.75 with 34,818 shares changing hands, Jamaica Producers rallied $1.10 to $24.60 in trading 6,545 stocks, Margaritaville fell 70 cents to $14, with 10,673 stock units crossing the market, Mayberry Jamaican Equities shed 20 cents to $9 in an exchange of 430,059 shares, Portland JSX dropped $2.29 to $7.12 after exchanging 31,400 stocks, Proven Investments shed 45 cents to $35.05 with a transfer of 40,242 shares. Sagicor Group popped 46 cents to $56.01 in trading 12,921 stocks, Salada Foods gained 25 cents to finish at $8.45 with the swapping of 24,077 units, Scotia Group rose 50 cents to $40.50 in switching ownership of 2,233 shares, Seprod rallied $1.50 to settle at $71.50 in trading 4,864 stocks. Supreme Ventures lost 41 cents to end at $19.10 in an exchange of 3,205 stock units and Wisynco Group spiked 19 cents ending at $15.99, clearing the market with 36,426 stock units.
In the preference segment, Eppley 8.75% preference shares rose 77 cents to $7.28 in switching ownership of 2,660 shares, Eppley 8.25% gained 30 cents ending at $7.10 with 2,727 units crossing the market and JMMB Group 7.15% – 2028 picked up 30 cents in closing at $3.50 in exchanging 350 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Barita Investments, Caribbean Cement, Carreras, Community & Workers Credit Union, Daily Trading, Emerging markets, Eppley, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Trinidad Stock market pops

July 5, 2021 by IC Insider.com

Add your HTML code here...

Market activity ended, with the market rising on Monday, resulting in 114 percent more shares trading and carrying a 240 percent higher value than on Friday, leading to more stocks rising than falling at the close of trading on the Trinidad and Tobago Stock Exchange.

At the close, 18 securities traded compared to 15 on Friday, with five stocks rising, three declining and 10 remaining unchanged. The Composite Index popped 5.46 points to settle at 1,417.78, the All T&T Index spiked 9.78 points to 1,924.46 and the Cross-Listed Index rallied 0.12 points to 122.71.
A total of, 390,246 shares traded for $3,197,729, up from 182,496 units at $940,779 on Friday.
An average of 21,680 units traded at $177,652 compared to 12,166 at $62,719 on Friday. The average trade for the month to date amounts to 31,158 units at $290,004 versus 36,661 units at $355,240. The average trade for June amounts to 45,770 units at $724,497.
The Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, 1,527 shares of Agostini’s were swapped at $24.55, Angostura Holdings remained at $16.20 after trading 297 stock units, Ansa Mcal settled at $57 in an exchange of 1,700 units, Calypso Macro Investment Fund exchanged 1,184 shares at $16.50, Clico Investment Fund remained at $26.90 after trading 4,000 stock units. First Citizens Bank rallied 20 cents to $50.20, with 150 units changing hands, Grace Kennedy ended at $5.70 in exchanging 145,709 shares, Guardian Holdings rallied 98 cents to $33.99, with 11,341 shares clearing the market. JMMB Group slipped 1 cent to $1.99 exchanging 210,000 stocks, Massy Holdings lost 10 cents in ending at $80 after 500 stock units changed hands, National Enterprises gained 25 cents to end at $3.25 trading 100 stocks. National Flour Mills had an exchange of 87 shares at $2.25, One Caribbean Media rose 9 cents to $4.60 after 2,000 stocks changed hands, Prestige Holdings fell 1 cent to $6.99, with 18 units changing hands, Republic Financial Holdings remained at $135.10 after trading 8,462 shares, Scotiabank closed at $59.74, with 1,000 stocks crossing the market, Trinidad & Tobago NGL popped 6 cents to $18.06 in an exchange of 2,111 stock units and Trinidad Cement remained at $3.30 in an exchange of 60 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Stock Market, TTSE Market Tagged With: Agostini's, Angostura Holdings, Ansa Mcal, Calypso Micro Index Fund, Clico Investment, Daily Trading, Emerging markets, Emerging Stock, First Citizens, Grace Kennedy, Guardian Holdings, JMMB Group, Massy Holdings, National Enterprises, National Flour, One Caribbean Media, Prestige Holdings, Republic Financial Holdings, Scotiabank, Trading Activity, Trinidad & Tobago NGL, Trinidad Cement, TTSE

Grace Kennedy exits ICTOP10 with record price

July 5, 2021 by IC Insider.com

The Junior Market recovered all of its Covid-19 related loss and more in hitting its highest level this week, since the first week of December 2019, helped by a number of ICInsider.com Top stocks of which 6 recorded gains between 69 percent and 81 and two over 100 percent, with the market up 29 percent for 2021 to date.
At the close of the week, tTech entered the Junior Market TOP10 and ISP Finance fell out after the price of the latter climbed from $17.98 to $22.43 and in the Main Market long time TOP10 candidate Grace Kennedy finally slipped out with a record breaking price of $105.98 for a 64 percent rise since January, allowing Sterling Investments to return to the TOP10.
The Jamaica Stock Exchange Main Market has not performed as well as the Junior Market, with the fall in the financial sector led by NCB Financial Group, but there are a few individual stocks that continue to deliver gains in 2021 and a few that possess the potential to move decidedly higher.
This past week the average gains projected for the Junior Market slipped from 204 percent last week to 200 percent and Main Market stocks edged down from last week’s 172 percent to 171 percent.
The top three stocks in the Junior Market are Elite, Caribbean Assurance and Medical Disposables, with the potential to gain between 223 and 287 percent, following the range of 254 to 276 percent last week. The top three Main Market stocks are Radio Jamaica in the number one spot, followed by JMMB Group and Guardian Holdings, with expected gains of 171 to 379 percent versus last weeks’ 188 to 385 percent.
The Junior Market closed the week with an average PE 13.1 based on ICInsider.com’s 2021-22 earnings and currently trades well below the target of 20 as well as the recent historical average of 17 for the period to March this year based on 2020 earnings. For the Junior Market to trade at the historical average, the PE Ratio would have to rise by 31 percent and requires a rise of 54 percent to reach the targeted PE of 20 by March 2022. Main Market stocks would need to rise by 11 percent to hit a PE of 19 and 17 percent to get to the target of 20.
The Junior Market Top 10 stocks average PE is a mere 6.8, just 53 percent of the market average, indicating substantial gains ahead. The JSE Main Market ended the week with an overall PE of 16.9, a little distance from the 19 the market ended at in March, suggesting just an 11 percent rise at a PE of 19 and 17 percent at a PE of 20 from now to March 2022. The Main Market TOP 10 trades at a PE of 7.8 or 45 percent of the PE of that market, well off the potential of 20.
IC TOP10 stocks are likely to deliver the best returns up to March 2022 and ranked in order of potential gains, based on likely increase for each company, taking into account the earnings and PE ratios for the current fiscal year. Expected values will change as stock prices fluctuate and result in movements in and out of the lists weekly. Revisions to earnings per share are ongoing, based on receipt of new information.

Persons who compiled this report may have an interest in securities commented on in this report.

Filed Under: Buy Rated Tagged With: Access Financial, Caribbean Assurance Brokers, Caribbean Producers, Daily Trading, Emerging markets, FESCO, Future Energy Source, General Accident, Grace Kennedy, Jamaica Broilers, Jamaican Stock Exchange, Jamaican stocks, junior market, Lasco Financial, Medical Disposables, PANJAM Investment, Radio Jamaica, Stationery and Office Supplies, Stocks to Watch, Sygnus Credit Investments, TOP 10 stocks, Trading Activity, Victoria Mutual Investments

JSE USD stocks dive into the weekend

July 2, 2021 by IC Insider.com

The prices of all stocks trading on Friday on the Jamaica Stock Exchange USD market declined with five securities changing hands, compared to two on Thursday with none of the five stocks trading was able to post gains at the close with 35 percent fewer shares changing hands than on Thursday.
The JSE USD Equity Index declined by 2.17 points to end at 195.46. The PE Ratio, a measure that computes an appropriate value of a stock, averages 12 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 33,598 shares traded, for US$12,823 compared to 51,500 units at US$1,068 on Thursday, with an average of 6,720 units trading at US$2,565, in contrast to 25,750 shares at US$534 on Thursday. The month to date averaged 12,157 units at US$1,984 in contrast to June ended with an average of 87,444 units for US$6,162.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than its last selling price and one with a lower offer.
At the close, Proven Investments dipped 1 cent to 25 US cents with 11,020 shares traded, Sterling Investments slipped 0.4 of a cent to 1.9 US cents, with 4,000 stock units changing hands, Sygnus Credit Investments lost 0.7 of a cent to 14 US cents, after 8,228 stocks crossed through the exchange and Transjamaican Highway fell 0.01 of a cent to 0.88 US cents, with 1,850 stock units crossing the exchange.
In the preference segment, JMMB Group 6% shed 6.85 cents to close at US$1.031 with 8,500 shares changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Global Market, Stock Market Tagged With: Emerging markets, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, JSE US dollar market, Mkt Daily Trading, Proven Investments, Sterling Investments, Sygnus Credit Investments, Trading Activity, Transjamaican Highway

Prices softened on JSE Main Marke

July 2, 2021 by IC Insider.com

Two stocks declined for every one that rose at the close of market activity on Friday, but the All Jamaican Composite eked out gains with 20 percent more shares traded valued 148 percent more than on Thursday on the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index rose 743.96 points to 463,917.06, the JSE Main Index dropped 2,388.16 points to end at 424,163.22 and the JSE Financial Index lost 1.03 points to 104.16.
A total of 50 securities were traded compared to 51 on Thursday, with 13 stocks rising, 26 declining and 11 remaining unchanged. The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 16.9 based on ICInsider.com forecast of 2021-22 earnings.
The market closed with 5,760,799 shares trading for $127,050,791, up from 4,808,070 units at $51,284,621 on Thursday. Pulse Investments led trading with 17 percent of total volume after trading 977,680 shares, followed by Wigton Windfarm 13 percent with 749,981 units and Scotia Group with 10.9 percent for 625,364 units.
Trading averaged 115,216 units at $2,541,016, compared to 94,276 shares at $1,005,581 on Thursday. Trading month to date averages 104,642 units at $1,765,697. June closed with an average of 249,610 units at $3,877,606.
Investor’s Choice bid-offer indicator shows 12 stocks ending with bids higher than their last selling prices and none with lower offers.
At the close, Caribbean Cement advanced $2.83 in closing at $94.83 with 5,786 shares changing hands, Eppley Caribbean Property Fund dived $4.99 to $45 in an exchange of 1,494 units, First Rock Capital fell 24 cents to $15.75 in trading 7,772 shares, Grace Kennedy rallied $5.98 to close at a 52 weeks’ high of $105.98 with an exchange of 19,195 stocks. Guardian Holdings dropped $50.99 to finish at a 52 weeks’ low of $640 after 118,213 stock units crossed the exchange, Jamaica Broilers shed 50 cents to $35.50 with 3,482 units clearing the market Jamaica Producers slipped $1.10 to $23.50 in transferring 479 stocks. Jamaica Stock Exchange lost 45 cents to end at $17.05 with 21,551 stock units changing hands, JMMB Group dipped 50 cents to close at $37.49 in switching ownership of 58,059 shares, Kingston Properties rose $1.20 to $8.70 with 10,289 stocks crossing the exchange, Mayberry Investments rallied 30 cents to $6 with a transfer of 197 stock units, Mayberry Jamaican Equities slipped 70 cents to $9.20 in switching ownership of 4,806 units. MPC Caribbean Clean Energy dived $31.49 to $117 after exchanging 23 stocks, NCB Financial fell 99 cents to $139.01 with 10,741 stock units crossing the market, 138 Student Living lost 30 cents to close at $4.90 in exchanging 9,884 shares, Palace Amusement plunged $150 to $1,350 with the swapping of 79 stocks. PanJam Investment fell $1.40 to $67.60 after trading 1,150 stock units, Sagicor Group rose 55 cents to $55.55 in exchanging 8,321 shares. Sagicor Real Estate Fund lost 20 cents to close at $8.30, with 1,970 units crossing the exchange, Seprod sagged $2.90 to $70 in trading 15,395 stocks and Supreme Ventures shed $1.14 to finish at $19.51 after exchanging 96,734 stock units.
In the preference segment, Eppley 8.25% lost 40 cents to close at $6.80 in clearing the market with 10 stocks.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, Barita Investments, Berger Paints, Caribbean Cement, Carreras, Community & Workers Credit Union, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Early gains slipped away for Junior Market

July 2, 2021 by IC Insider.com

Trading closed on Friday, with prices of more shares falling than rising after the volume of stocks traded spiked 43 percent. The value popped 15 percent from Thursday trades, leaving the market index within a fraction of the previous close after failing to hold on to gains recorded earlier, until the dying moments of trading on the Jamaica Stock Exchange Junior Market.
The Junior Market Index slipped a mere 0.21 points to end at 3,402.30 after moving up to 3,440,85 points within half an hour of the opening.
Market activity led to 37 securities trading compared to 34 on Thursday and ended with the prices of 13 stocks rising, 21 declining and three closing unchanged.
The PE Ratio, a measure used to compute an appropriate stock value, averaged 13.1 based on ICInsider.com’s 2021-22 earnings forecast.
Trading ended with 8,962,101 shares for $16,689,987 compared to 6,261,693 units at $14,478,262 on Thursday. Future Energy Source led trading with 75.2 percent of total volume after trading 6.74 million shares, followed by Jamaican Teas 5.5 percent, with 494,627 units and Lumber Depot with 5 percent market share with an exchange of 450,759 units.
Trading averaged 242,219 units at $451,081 in contrast to 184,167 at $425,831 on Thursday. The month to date averaged 214,420 units at $438,989. June closed with an average of 225,705 units at $644,459.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, AMG Packaging fell 9 cents to $1.56 with an exchange of 12,700 shares, Blue Power rose 5 cents to $3.70 with 5,389 stocks changing hands, Caribbean Cream dropped 19 cents to $5.50 with 3,575 units traded. Dolphin Cove lost 10 cents to close at $8.30 with a transfer of 1,500 stock units, Future Energy Source slipped 8 cents to $1.36 with 6,740,239 shares crossing the market, General Accident climbed 35 cents to $5.60 with an exchange of 1,337 stocks. GWest Corporation advanced 29 cents to a 52 weeks’ high of $1.30 with 12,288 units changing hands, iCreate lost 6 cents to finish at 80 cents with 11,000 stock units traded, Indies Pharma dipped 39 cents to $3.41 with a transfer of 83,553 shares. Jamaican Teas slipped 5 cents to $4.15 with 494,627 stocks passing through the market, KLE Group declined 5 cents to $1.05 with an exchange of 49,119 units, Lasco Financial gained 13 cents to end at $3.33, with 47,975 stock units changing hands. Limners and Bards shed 34 cents to finish at $3.05, with 105,122 shares traded, Lumber Depot rose 7 cents to $3.37 with a transfer of 450,759 stocks, Mailpac Group rallied 12 cents to $3.82 in switching ownership of 149,351 units. Main Event popped 23 cents to $5.43 with an exchange of 3,340 stock units, Medical Disposables climbed 20 cents to $4.95 with 5,202 shares traded, Stationery and Office Supplies gained 15 cents to end at $7.80, with a transfer of 5,639 stocks, Tropical Battery slipped 5 cents to $1.44 with 242,180 units changing hands and tTech shed 35 cents to close at $4.40 with 400 shares crossing the exchange.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Best performing stock market, Blue Power, Caribbean Assurance Brokers, Caribbean Cream, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, General Accident, GWest, Honey Bun, iCreate, Indies Pharma, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, KLE Group, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Main Event, Medical Disposables, SSL Venture Capital, Stationery and Office, Trading Activity, tTech

Trading activity dips on TTSE

July 2, 2021 by IC Insider.com

Trading was moderate on Friday, with the market rising after trading levels plummeted with 81 percent fewer shares with 91 percent lower value than on Thursday. At the close, more stocks rose than declined on the Trinidad and Tobago Stock Exchange.

Trinidad & Tobago Stock Exchange Head Quarters

Fifteen (15) stocks traded compared to 16 on Thursday, with two rising, four declining and nine remaining unchanged. The Composite Index rallied 5.51 points to 1,412.32, the All T&T Index rose 1.34 points to 1,914.68 and the Cross-Listed Index edged 1.40 points higher to 122.59.
Overall, 182,496 shares traded for $940,779 compared to 954,000 units at $10,067,673 on Thursday.
An average of 12,16 at $629,480 on Thursday. The average trade for the month to date amounts to 36,661 units at $355,240. The average trade for June amounts to 45,770 units at $724,497.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini’s dropped 45 cents to $24.55 in swapping 1,132 shares, Clico Investment Fund shed 10 cents to $26.90 after trading 631 stocks, First Citizens Bank ended at $50, with 150 stocks clearing the market, Grace Kennedy dipped 3 cents to $5.70 trading 495 units. Guardian Holdings spiked 50 cents to $33.01 after 5,324 stocks crossed the exchange, Guardian Media remained at $3.25 after trading 45 stocks, JMMB Group exchanged 71,837 stock units at $2, Massy Holdings popped 10 cents to $80.10, with 1,662 shares clearing the market, National Enterprises remained at $3 after trading 88,687 stocks, National Flour Mills ended at $2.25 in exchanging 4,647 shares. NCB Financial Group traded 300 stock units at $8.51, Scotiabank ended at $59.74 after trading 75 stocks, Trinidad & Tobago NGL closed at $18 after 6,199 units crossed the market. Trinidad Cement traded 11 stock units at $3.30 and West Indian Tobacco fell 1 cent to $32.50 in trading 1,301 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Stock Market, TTSE Market Tagged With: Agostini's, Clico Investment, Daily Trading, Emerging markets, Emerging Stock, First Citizens, Grace Kennedy, Guardian Holdings, JMMB Group, Massy Holdings, National Enterprises, National Flour, NCB Financial Group, Republic Financial Holdings, Scotiabank, Trading Activity, Trinidad & Tobago NGL, Trinidad Cement, TTSE, West Indian Tobacco

New 1½ years’ high for Junior Market

July 1, 2021 by IC Insider.com

Trading started off the second half of the year in robust fashion with the market index clearing the 3,400 mark at the close on Thursday, for the first time since December 19, 2019, with the market index rising for a second day by more than 30 points on the Junior Market of the Jamaica Stock Exchange.
A total of 34 securities traded, down from 40 on Wednesday and ended with 18 rising, 12 declining and four, closing unchanged. Two stocks closed at 52 weeks; highs.
The Market Index popped 31.92 points to 3,402.51 at the close, for an increase of 28.7 percent for the year to date.
The PE Ratio, which determines an appropriate value for a stock, at the close of trading averages 13.5 based on ICInsider.com’s 2021-22 earnings forecast.
The volume of stocks traded fell 12 percent and the value plunged 36 percent, from Wednesday’s trades as trading ended, with 6,261,693 shares for $14,478,262 compared to 7,112,638 units at $22,638,727 on Wednesday.
Future Energy Source led trading with 4.04 million shares for 64.5 percent of total volume followed by Mailpac Group with 507,840 units for 8.1 percent of the day’s trade and Lumber Depot with 450,727 units for 7.2 percent.
Trading averaged 184,167 units at $425,831 in contrast to 177,816 at $565,968 on Wednesday. June closed with an average of 225,705 units at $644,463.
At the close of trading Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial slipped 45 cents to $20.55 trading 17,765 stocks, AMG Packaging rose 5 cents to $1.65 in exchanging 203 stocks, Blue Power fell 7 cents to $3.65 while exchanging 500 stock units. Caribbean Cream rallied 24 cents to close at $5.69 after trading 1,650 units, Caribbean Producers spiked 39 cents to close at a 52 weeks’ high of $4.74, with 336,534 stocks clearing the market, Dolphin Cove rose 40 cents to $8.40 in trading 66 stocks, Elite Diagnostic rose 13 cents to $3.13 while exchanging 77,485 shares, Fosrich advanced 10 cents to $8.40 in switching 2,004 stock units, Future Energy Source increased 11 cents to close at a 52 weeks’ high of $1.44 while exchanging 4,039,119 stock units, General Accident declined 30 cents to $5.25 after 12,642 stock units crossed the market, Honey Bun dipped 22 cents to $6.75, with 20,301 units crossing the market, KLE Group fell 13 cents to $1.10 in trading 9,186 units, Lasco Distributors gained 25 cents to end at $4.25, with 20,650 stock units clearing the market, Lasco Financial popped 19 cents to $3.20 with the swapping of 43,715 units. Limners and Bards rallied 9 cents to $3.39, with 39,371 shares clearing the market, Mailpac Group declined 20 cents to $3.70 in trading 507,840 stock units, Main Event fell 23 cents to $5.20 with the swapping of 12,470 stocks, SSL Venture added 3 cents to close at 66 cents, with 500 shares crossing the exchange and Stationery and Office Supplies rose 5 cents to close at $7.65 in exchanging 813 shares.