Trading Activity — Page 355

Trading rises on the Trinidad Stock Exchange

June 9, 2021 by IC Insider.com

Market activity ended with the market rising moderately on Wednesday after 31 percent more shares were exchanged with a 26 percent higher value than on Tuesday, resulting in stocks rising stocks beating out those falling more than three to one on the Trinidad and Tobago Stock Exchange.

Trinidad & Tobago Stock Exchange Head Quarters

At the close of the market, 20 securities traded similar to trading on Tuesday, with 10 stocks rising, three declining and seven remaining unchanged. The Composite Index popped 0.28 points to 1,388.29, the All T&T Index advanced 2.03 points to 1,884.81 and the Cross-Listed Index fell 0.22 points to end at 120.09.
A total of 496,151 shares traded, for $12,456,274 compared to 380,200 units at $9,900,263 on Tuesday.
Trading averaged 24,808 units at $622,814, up from 19,010 at $495,013 on Tuesday. The average trade for the month to date amounts to 57,056 units at $748,328 versus 63,917 units at $775,045. The average trade for May amounts to 25,935 units at $406,593.
The Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and none with lower offers.
At the close, Agostini’s dropped 5 cents to close at $24.50, with an exchange of 51,268 shares, Ansa Mcal rallied 25 cents to $57 after exchanging 220 units, Clico Investment Fund ended at $26.99 after trading 67,618 stock units, First Citizens Bank gained 10 cents in closing at $50.10 with 323 stock units changing hands. FirstCaribbean International Bank remained at $6.49 after exchanging 9,196 stocks, Grace Kennedy pipped 15 cents to close at $5.25 while exchanging 100 stocks, Guardian Holdings closed at $35 in an exchange of 203,894 stocks. JMMB Group increased 1 cent ending at $1.82 with the swapping of 1,166 shares, L.J Williams B share fell 15 cents in closing at $1.35 in switching ownership of 14,942 stocks, Massy Holdings spiked $3.47 to a 52 weeks’ high of $73.50 in exchanging 2,334 stock units. National Enterprises settled at $3 after 10,467 shares crossed the market, National Flour Mills rose 4 cents to $2.30 in an exchange of 903 units, NCB Financial Group declined 24 cents to $8.25, with 16,197 stock units changing hands. One Caribbean Media settled at $4.60, with 44,552 units crossing the market, Point Lisas stayed at $3.10 in switching ownership of 500 units, Scotiabank rallied 30 cents ending at $56.90, after 10,607 shares crossed the market. Trinidad & Tobago NGL gained 1 cent in closing at $17.50 after trading 53,105 shares, Trinidad Cement gained 3 cents to close at $3.25, with 5,149 stocks crossing the market, Unilever Caribbean ended at $16.33 with an exchange of 3,500 stock units and West Indian Tobacco rose 2 cents to $32.14 while exchanging 110 stocks.

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, Ansa Mcal, Clico Investment, Daily Trading, Emerging markets, Emerging Stock, First Caribbean International Bank, First Citizens, Grace Kennedy, Guardian Holdings, JMMB Group, LJ Williams, Massy Holdings, National Enterprises, National Flour, NCB Financial Group, One Caribbean Media, Point Lisas, Republic Financial Holdings, Scotiabank, Trading Activity, Trinidad & Tobago NGL, Trinidad Cement, TTSE, Unilever Caribbean, West Indian Tobacco

Mailpac dominates fallen Junior Market

June 8, 2021 by IC Insider.com

MailPac Group dominated Junior Market trading on Tuesday with 78 percent of total volume after an exchange of 14.73 million of the company’s shares and leading the overall volume of stocks traded jumping 168 percent, with the value traded rising by 219 percent over Monday.
At the close of trading on Tuesday, all 43 listed securities traded, up from 36 on Monday, with 22 rising, 11 declining and 10 ending unchanged.
The Junior Market Index dropped 23.31 points to settle below 3,300 points for the first time in eight days at 3,297.55, with the move down opposite to the market breadth.
The PE Ratio, a measure that determines an appropriate relative value of each stock, averaged 12.5 based on ICInsider.com’s 2021-22 earnings forecast.
Trading accounted for 18,917,282 shares for $63,058,701 up from 7,035,403 units at $19,752,231 on Monday.
Lasco Financial was the second leading traded stock with 4.2 percent of total volume accounting for 786,080 units, followed by Jamaican Teas 3.7 percent exchanging 693,608 units.
Trading averaged 439,937 units at $1,466,481 in contrast to 195,428 at $548,673 on Monday. The month to date, averaged 201,365 units at $654,061, compared to 146,798 units at $468,241 on Monday. May closed with an average of 318,089 units at $760,337.
Investor’s Choice bid-offer indicator reading shows one stock ended with the bid higher than its last selling price and four with lower offers.
At the close, Access Financial rallied $1.70 to $22 with an exchange of 858 shares, CAC 2000 sprang 95 cents to $10.40 with a transfer of 44 stock units, Caribbean Assurance Brokers gained 12 cents to end at $2.12, with 1,500 units changing hands. Caribbean Cream increased 15 cents to $6 with 6,645 stocks traded, Consolidated Bakeries dropped 20 cents to $1.78 in switching ownership of 6,900 shares, Dolphin Cove fell 11 cents to $7 with 18,815 stock units passing through the market. Everything Fresh rose 9 cents to $1.08, exchanging 197,290 units, Express Catering shed 25 cents to $4.75 with a transfer of 28,500 stocks. Fontana gained 8 cents to finish at $6.10 with 57,229 shares changing hands, Fosrich rallied 30 cents to $8.50 with 133,157 stock units traded, General Accident slipped 5 cents to $5.75 with 3,220 units changing hands, Honey Bun popped 39 cents to $7 with 40,229 stocks passing through the market, iCreate gained 12 cents to close at 89 cents with an exchange of 7,000 shares. Indies Pharma advanced 15 cents to $4.05 with the trading of 10,370 stock units, Jetcon Corporation popped 19 cents to $1.28 with 287,571 units traded, KLE Group rallied 22 cents to $1.24 with investors switching ownership of 5,500 shares. Knutsford Express jumped 38 cents to $8.45 with 607 stock units passing through the market, Lasco Distributors dipped 20 cents to $3.81 with an exchange of 95,033 units, Lasco Financial fell 15 cents to $3.75 with a transfer of 786,080 stocks. Lasco Manufacturing lost 13 cents to settle at $5.45 with 13,731 shares changing hands, Limners and Bards rose 5 cents to $3.05 with 48,078 units traded, Lumber Depot spiked 28 cents to a 52 weeks’ closing high of $3.69 with investors switching ownership of 620,319 stocks and Medical Disposables spiked 60 cents to $4.85 with 1,110 stock units changing hands.

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, CAC2000, Cargo Handlers, 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, ISP Finance, 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, Paramount Trading, SSL Venture Capital, Stationery and Office, Trading Activity, tTech

JSE Main Market closes higher

June 8, 2021 by IC Insider.com

Trading continued on Tuesday where it left off Monday, resulting in a second day with 50 securities, changing hands and ended with 20 stocks rising, 19 declining and 11 remaining unchanged, resulting in a rise in the market after more stocks rose than declined, with an exchange of 75 percent more shares valued 33 percent higher than on Monday, at the close of the Jamaica Stock Exchange Main Market.
At the close of trading, the All Jamaican Composite Index climbed 678.47 points to finish at 457,678.01, just a few thousand points away from resistance around the 460,000 mark. The JSE Main Index rose 718.60 points to end at 424,776.60 and the JSE Financial Index popped 0.30 points to 105.48.
The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 16.4 based on ICInsider.com’s 2021-22 earnings forecast.
The market closed with 12,597,611 shares trading for $165,913,276 versus 7,181,910 units at $124,879,752 on Monday. Wigton Windfarm led trading with 54.7 percent of total volume for 6.90 million shares, followed by Sagicor Select Financial Fund with 8.8 percent after trading 1.1 million units and Sygnus Credit Investments with 8.1 percent for 1.02 million units.
Trading averaged 251,952 units at $3,318,266, up from 143,638 shares at $2,497,595 on Monday. Trading month to date averages 238,535 units at $4,213,605, in contrast to 235,716 units at $4,401,702 on Monday. May ended with an average of 439,937 units at $4,698,961.
Investor’s Choice bid-offer indicator shows eleven stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments shed 74 cents in ending at $84.50 with 74,783 stock shares crossing the market, Caribbean Cement fell $2 to $93, with 6,950 stocks clearing the market, Eppley rallied $1 to $36 in exchanging 9,253 units, First Rock Capital fell 38 cents to $16.10 after transferring 8,982 units, Grace Kennedy spiked $3.40 to $91 with 196,583 shares clearing the market. Guardian Holdings popped $20 to $760 with the swapping of 93,614 stocks, Jamaica Broilers slipped 60 cents to $33.60 in exchanging 4,852 units, Jamaica Stock Exchange rose 20 cents to $17.20 with 10,170 stocks crossing the market. JMMB Group popped 24 cents higher to $31.94 in exchanging 178,970 shares, Key Insurance shed 33 cents in closing at $5.07 in switching ownership of 341,486 stock units. Kingston Properties jumped $1.04 to $9.50 with a transfer of 11,343 units, Kingston Wharves closed 50 cents lower at $46 trading 9,637 stock units, Mayberry Jamaican Equities gained 25 cents in closing at $8.75 after exchanging 1,000 units, MPC Caribbean Clean Energy dropped $8.93 to $116.07 in trading 156 stock units, NCB Financial spiked $5 to $148 with 100,722 shares changing hands. Palace Amusement nosedived $148.56 to $1,000 in switching ownership of 378 units, PanJam Investment slid $1 to $68 in exchanging 1,997 stock units, Proven Investments rallied $1.47 to $37 with a transfer of 15,719 units. Sagicor Group fell 70 cents to $52.05 after 91,205 stock units crossed the exchange. Sagicor Real Estate Fund shed 64 cents to $8.35 with the swapping of 15,100 shares, Scotia Group gained 55 cents to $41.55 in trading 10,068 stocks. Seprod rose $1.02 to $73.02 in an exchange of 19,247 stock units, Supreme Ventures popped 90 cents higher to $20.90 in switching ownership of 26,108 units and Sygnus Credit Investments rallied 70 cents to $15 in trading 1,016,997 stocks.
In the preference segment, JMMB Group 7.15% – 2028 fell 35 cents to $2.90 trading 14,000 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, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

JSE USD Market falters on Tuesday

June 8, 2021 by IC Insider.com

Add your HTML code here...

Trading on the US Dollar market of the Jamaica Stock Exchange ended on Tuesday with the market declining as investors traded 58 percent fewer shares than on Monday, with a 92 percent fall in value and ended with slightly more stocks falling than rising.
At the close, six securities changed hands, similar to Monday, two gained, three declined and one finished unchanged.
The JSE USD Equity Index lost 1.21 points to finish at 199.25. The PE Ratio, a measure that determines an appropriate relative value of each stock averages 12.8 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 484,422 shares traded at US$6,746 compared to 1,161,401 units at US$79,940 on Monday.
Trading averaged 80,737 units at US$1,124, in contrast to 193,567 shares at US$13,323 on Monday. Month to date trading averages 121,287 units at US$4,631 in contrast to 128,890 units at US$5,289 on Monday. May ended with an average of 138,035 units for US$17,391.
Investor’s Choice bid-offer indicator shows no stock ending with the bid higher than the last selling price and four with lower offers.
At the close, First Rock Capital slipped 0.35 of a cent to finish at 8.65 US cents with an exchange of 4,000 shares, Margaritaville advanced 1 cent to 10 US cents with 9,962 stock units changing hands, MPC Caribbean Clean Energy climbed 22 cents to US$1.15 with investors switching ownership of 310 units. Sygnus Credit Investments finished at 15.01 US cents with a transfer of 2,000 shares and Transjamaican Highway lost 0.06 of a cent to settle at 0.86 US cents with 467,450 units crossing the exchange.
In the preference segment, JMMB Group 6% shed 7 cents to close at US$1.03 with 700 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, First Rock Capital, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, JSE US dollar market, Margaritaville, Mkt Daily Trading, Proven Investments, Sygnus Credit Investments, Trading Activity, Transjamaican Highway

Mixed trading for T&TSE stocks

June 8, 2021 by IC Insider.com

Market activity ended on Tuesday with 40 percent fewer shares trading but with 42 percent more value than on Monday, after 20 stocks changed hands compared to 19 on Monday, resulting in more stocks falling than rising at the close of the Trinidad and Tobago Stock Exchange.

At the close, prices of six rose, eight declined and six remained unchanged. The Composite Index advanced 5.00 points to 1,388.01, the All T&T Index picked up 0.65 points to close at 1,882.78 and the Cross-Listed Index rose 1.35 points to 120.31.
A total of, 380,200 shares traded for $9,900,263 compared to 636,349 units at $6,954,665 on Monday.
An average of 19,010 units traded at $495,013 compared to 33,492 at $366,035 on Monday. The average trade for the month to date amounts to 63,917 units at $775,034 versus 76,054 units at $850,715. May ended with the average trade of 25,935 units at $406,593.
The Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than its last selling price and none with lower offers.
At the close, Agostini’s rose 15 cents to $24.55 with an exchange of 3,850 shares, Angostura Holdings declined 5 cents to $14.95 with 364 units changing hands, Ansa McAL ended at $56.75 after a transfer of 410 stocks. Calypso Macro Investment Fund climbed $2.14 to $16.50 with the swapping of 35 shares, Clico Investment Fund rose $1.46 to $26.99 in transferring 49,496 units, First Citizens Bank shed 10 cents in closing at $50 with 2,300 shares crossing the market. Grace Kennedy fell 15 cents to $5.10 after trading 2,250 units, Guardian Holdings ended at $35 with the swapping of 213,199 shares, JMMB Group ended at $1.81 after ownership changed for 58,430 stock units. L.J Williams B share gained 15 cents to close at $1.50 in an exchange of 6 units, Massy Holdings picked up 3 cents in ending at $70.03 with 388 stock units changing hands, National Enterprises remained at $3 after 10,093 stocks cleared the market. National Flour Mills lost 4 cents to end at $2.26 in transferring 196 units, NCB Financial Group closed at $8.49 with 8,177 stock units changing hands, Republic Financial Holdings dropped 70 cents to $134.25 in trading 569 stocks. Scotiabank declined 40 cents to $56.60 with the swapping of 913 stock units, Trinidad & Tobago NGL popped 16 cents to $17.49 after trading 28,143 shares, Trinidad Cement declined 8 cents in closing at $3.22 in switching ownership of 1,190 shares. Unilever Caribbean remained at $16.33 in trading 75 units and West Indian Tobacco lost 7 cents to finish at $32.12 with 116 stocks crossing the market.

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, LJ Williams, Massy Holdings, National Enterprises, National Flour, NCB Financial Group, Prestige Holdings, Republic Financial Holdings, Scotiabank, Trading Activity, Trinidad & Tobago NGL, Trinidad Cement, TTSE, Unilever Caribbean, West Indian Tobacco

A rocky start to the week for Junior Market

June 7, 2021 by IC Insider.com

Trading dipped on Monday as 38 percent more funds chased after 71 percent more stocks than on Friday on the Jamaica Stock Exchange Junior Market with the index falling 18.16 points to finish at 3,320.86.
A total 36 securities traded, versus 40 on Friday, with prices of 13 rising, 14 declining and nine closing unchanged.
The PE Ratio, a measure that determines an appropriate relative value of each stock, averaged 12.3 based on ICInsider.com’s forecast of 2021-22 earnings.
Trading ended with 7,035,403 shares for $19,752,231 compared to 4,111,715 units at $14,329,748 on Friday.
Mailpac Group led trading with 30.4 percent of the volume, with 2.14 million shares, followed by Future Energy Source 25.4 percent with 1.79 million units and Elite Diagnostic with 9.1 percent market share with an exchange of 643,555 units.
Trading averaged 195,428 units at $548,673 in contrast to 102,793 at $358,244 on Friday. Trading month to date averages 146,798 units at $468,241, compared to 135,281 units at $449,191 on Friday. May closed with an average of 318,089 units at $760,337.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial rallied 27 cents to $20.30 with an exchange of 1,898 shares, Blue Power fell 39 cents to $3.71 trading 134,440 units, Caribbean Assurance Brokers dropped 20 cents to $2 with 151,424 stocks traded. Caribbean Cream gained 10 cents to end at $5.85 with 37,423 stock units passing through the market, Consolidated Bakeries climbed 23 cents to $1.98 with a transfer of 9,090 shares, Dolphin Cove lost 14 cents to close at $7.11 with an exchange of 2,191 units. iCreate spiked 9 cents to 77 with 23,500 stocks changing hands, Indies Pharma swung 7 cents higher to $3.90 with 155,009 stock units traded, Jamaican Teas rallied 19 cents to $3.99 with investors switching ownership of 120,531s hares. KLE Group dropped 20 cents to $1.02 with a transfer of 2,709 stocks, Knutsford Express fell 38 cents to $8.07 with an exchange of 100 stock units, Lasco Distributors slipped 7 cents to $4.01 with 177,540 units traded. Lasco Financial rose 10 cents to $3.90 with 7,239 shares passing through the market, Limners and Bards declined by 13 cents to $3 with a transfer of 328,459 stock units, Mailpac Group dropped 11 cents to $3.64 with a volume leading 2,136,468 units traded and Stationery and Office Supplies jumped $1.47 to $8.99 with 116 shares crossing the exchange.
In the preference segment, CAC 2000 9.5% rose 5 cents to $1.20 with one stock unit changing hands.

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, CAC2000, 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, 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, Paramount Trading, SSL Venture Capital, Stationery and Office, Trading Activity

Fall in trading on the JSE Main Market

June 7, 2021 by IC Insider.com

Market activity ended on Monday with only the All Jamaican Composite rising, after an exchange of 66 percent fewer shares valued 70 percent less than on Friday on the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index rose 603.81 points to 456,999.54, the JSE Main Index shed 210.23 points to end at 424,058.00 and the JSE Financial Index lost 0.65 points to settle at 105.18.
Trading ended with 50 securities up from 45 on Friday, with 20 stocks rising, 21 declining and nine remaining unchanged. The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 16.4 based on ICInsider.com forecast of 2021-22 earnings.
The market closed with 7,181,910 shares trading for $124,879,752 versus 21,218,791 units at $209,043,560 on Friday. Transjamaican Highway led trading with 10.9 percent of total volume for an exchange of 816,127 shares followed by Mayberry Jamaican Equities with 9.2 percent for 690,800 units and JMMB Group 7.35% – 2028 with 9.2 percent for 689,000 units changing hands.
Trading averaged 143,638 units at $2,497,595, compared to 471,529 shares at $4,645,412 on Friday. Trading month to date ended with a average of 235,716 units at $4,401,702, in contrast to 260,205 units at $4,908,113 on Friday. May closed with an average of 439,937 units at $4,698,961.
Investor’s Choice bid-offer indicator reading has 13 stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Berger Paints advanced $2.07 to $15.95 with 186 stocks crossing the market, Caribbean Cement popped $3 higher to close at a 52 weeks’ high of $95 with an exchange of 38,686 shares. Carreras gained 41 cents to finish at $10.21 in switching ownership of 219,337 units, Eppley fell $1.25 to $35 after an exchange of 7,136 shares, First Rock Capital rallied 23 cents to $16.48 with 46,809 units clearing the market, Grace Kennedy slipped 40 cents to $87.60 after transferring 61,182 shares. Guardian Holdings dropped $20 to close at a 52 weeks’ low of $740 with an exchange of 43,023 stocks, Jamaica Broilers rallied $2.40 to $34.20 with swapping 89,510 units, Jamaica Producers lost 20 cents to end at $22.80 in transferring 176,363 stocks. Jamaica Stock Exchange slipped 36 cents to $17 with 241,255 shares changing hands, Margaritaville edged 90 cents lower to $14.30 in trading 11,343 units, Mayberry Jamaican Equities fell 35 cents to $8.50 in exchanging 690,800 shares, MPC Caribbean Clean Energy dipped $2 to $125 with an exchange of 18 units, NCB Financial spiked $2 higher to $143 in switching ownership of 216,520 stock units. Palace Amusement surged $153.56 to $1,148.56, after hitting $1,250 in early trading with a transfer of 663 units, Sagicor Real Estate Fund rose 64 cents to $8.99 in trading 10 shares, Scotia Group fell $1 to $41 after exchanging 8,110 stock units, Seprod advanced $1 to $72 in switching ownership of 16,611 shares and Sygnus Credit Investments shed 70 cents to finish at $14.30 in exchanging 94,468 units.
In the preference segment, Jamaica Public Service 9.5% dropped $10 to $1,690 with an exchange of 2,000 shares.

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, Berger Paints, 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 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, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Trading picks up on JSE USD Market

June 7, 2021 by IC Insider.com

The total volume of shares trading spiked 562 percent on Monday than on Friday, ended with the value rising 160 percent at the close of trading on the Jamaica Stock Exchange US dollar market and the market index lost 0.05 points to 200.46.
Trading ended with six securities changing hands, similar to Friday, with three rising, two declining and one ending unchanged.
The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 12.6 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, a total of 1,161,401 shares traded for US$79,940 up from 175,570 units at US$30,696 on Friday.
Trading averaged 193,567 units at US$13,323, in contrast to 29,262 shares at US$5,116 on Friday. Trading averaged 128,890 units for the month to date at US$5,289 in contrast to 113,965 units at US$3,435 on Friday. May ended with an average of 138,035 units for US$17,391.
Investor’s Choice bid-offer indicator shows no stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Capital ended trading of one share at 9 US cents, Margaritaville lost 0.9 of a cent to close at 9 US cents after 176,842 units crossed the market, Proven Investments gained 0.1 of a cent to end at 26.09 US cents, with 164,560 stock units changing hands. Sterling Investments rose 0.09 of a cent in ending at 2.39 US cents after 814,150 stock units cleared the market and Sygnus Credit Investments dropped 0.29 of a cent to 15.01 US cents in trading 5,800 stock units.
In the preference segment, JMMB Group 5.75% increased 3 cents in ending at US$2.05 with 48 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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

Trading volume and value dive on TTSE

June 7, 2021 by IC Insider.com

Market activity ended on Monday, with the market declining and resulted in the number and value of shares trading falling 74 percent below Friday’s levels, and ended with more stocks falling than rising at the close of trading on the Trinidad and Tobago Stock Exchange.

Trinidad & Tobago Stock Exchange Head Quarters

At the close, 19 traded up from 16 on Friday, with four stocks rising, six declining and nine ending unchanged. The Composite Index declined 5.87 points to settle at 1,383.01, the All T&T Index rose 1.06 points to settle at 1,882.13 and the Cross-Listed Index fell 1.86 points to settle at 118.96.
A total of, 636,349 shares traded for $6,954,185, from 2,464,269 units at $27,008,235 on Friday.
An average of units traded at $366,035 compared to 154,017 at $1,688,015 on Friday. The average trade for the month to date amounts to 76,054 units at $850,722 versus 90,757 units at $1,018,133. May ended with the average trade of 25,935 units at $406,593.
The Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini’s finished trading 1,400 shares at $24.40, Angostura Holdings rose 5 cents to $15 after an exchange of 3,599 stocks, Clico Investment Fund declined $1.43 to $25.53 trading 16,620 stocks, Endeavour Holdings dipped 1 cent in closing at a 52 weeks’ low of $7.99 in exchanging 60 stock units. First Citizens Bank remained at $50.10 in an exchange of 660 shares. FirstCaribbean International Bank ended at $6.49 in switching ownership of 2,700 units, Grace Kennedy popped 17 cents to close at $5.25 after trading 60,782 units, Guardian Holdings fell 5 cents to $35 in trading 24,893 shares. JMMB Group ended at $1.81, exchanging 102,354 units, Massy Holdings rose 24 cents to $70 after 10 shares changed hands, National Flour Mills stayed at $2.30 with an exchange of 200 units. NCB Financial Group climbed 27 cents to $8.49, with 364,948 units changing hands, One Caribbean Media fell 20 cents to $4.60, with 2,448 units clearing the market, Prestige Holdings settled at $6.55 after an exchange of 941 stocks. Republic Financial Holdings settled at $134.95, with 1,389 stock units crossing the market, Scotiabank closed at $57 after an exchange of 11,350 stocks, Trinidad & Tobago NGL declined 16 cents to $17.33, with 2,066 stock units changing hands. Unilever Caribbean finished trading 9,429 shares at $16.33 and West Indian Tobacco dipped 1 cent to close at $32.19 in exchanging 30,500 stock 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, Clico Investment, Daily Trading, Emerging markets, Emerging Stock, Endeavour Holdings, First Caribbean International Bank, First Citizens, Grace Kennedy, Guardian Holdings, JMMB Group, Massy Holdings, National Flour, NCB Financial Group, One Caribbean Media, Prestige Holdings, Republic Financial Holdings, Scotiabank, Trading Activity, Trinidad & Tobago NGL, TTSE, Unilever Caribbean, West Indian Tobacco

SOS back in ICTOP10 stocks

June 5, 2021 by IC Insider.com

Main Event price popped nearly 14 percent from $4.65 last week to $5.28 following this week’s public forum the company CEO presented, leading the stock to dropped out of the Junior Market ICTOP10 and Stationery and Office Supplies price dipped to $7.52 and moved in to fill the slot left by Main Event.

Stationery & Office Supplies hit a record high on Friday.

Stationery & Office Supplies – Montego Bay office.

Prices of some ICTOP10 stocks bounced around during the week, resulting in changes within the list as a result. The average gains projected for the Junior Market fell from 218 percent last week to 216 percent. The average projected gains for Main Market stocks moved up last week, from 162 to 169 percent, are up again this week to 171 percent.
The markets continue to face resistance, with the Junior Market trading at the very top of its upward sloping channel while the JSE Main Market sits a few thousand points away and facing turbulence in getting to the peak. The recent release of results by two Lasco companies did not move the market this past week, investors are likely to be looking at a sideward moving market until later in the month, in keeping with the historical pattern of a recess after the completion of earnings season.
The Junior Market Index closed the week at 3,339.02, slightly up from 3,329.50, last week, after it was up moderately from 3,324 at the end of the previous week. The JSE All Jamaica Composite Index ended at 456,395.73 on Friday, up from 454,375.81 at the close of the previous week.
The Junior Market has to decidedly break the upper limit of the current upward sloping trading channel to free it to move on to the next area of resistance, of just over 4,000 mark, but the Main Market has room to run for a few thousand points before it hits the channel top at 460,000 points which it came close to on Friday at 459,758 before pulling back.
The top three stocks in the Junior Market for this week, are Elite Diagnostic, followed by Medical Disposables and Caribbean Producers, with the potential to gain between 238 to 300 percent. The top three Main Market stocks are Radio Jamaica, followed by PanJam Investments and Wisynco Group, with expected gains of 153 to 371 percent. The latter potential gain is based on earnings for the financial year starting in July, investors should not expect an early upward movement for the price until after the release of full year results to June this year, around the end of August.
The targeted PE ratio for the market averages 20 based on profits of companies reporting full year’s results, up to the second quarter of 2022. Fiscal 2020-21 ended March, with the average PE at 17 for Junior Market stocks and 19 for the Main Market.
The Junior Market with an average PE of 12.3 based on ICInsider.com’s 2021-22 earnings, is currently trading below the target, as well as the recent historical average of 17, this represents another 37 percent rise in the market that would equate to a rise of 63 percent to March 2022. The Junior Market Top 10 stocks average a mere 6.5 at just 52 percent of the market average, indicating substantial gains ahead. The JSE Main Market ended the week with an overall PE of 16.2, some distance from the 19 the market ended March, suggesting a 23 percent rise from now to March 2022. The Main Market TOP 10 trades at a PE of 7.7 or 48 percent of the PE of that market and 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 weekly movements in and out of the lists. Revisions to earnings per share are ongoing, based on receipt of new information.