Ciboney Group price retreated after trading more than 2.5 million shares with the price falling 15 percent from Wednesday’s level on the Jamaica Stock Exchange Main Market on Thursday with the total volume of stocks trading fell 46 percent from Wednesday’s quantity as the value dropped 60 percent.
The All Jamaican Composite Index inched 3.97 points up to 430,240.96 the Main Index rose 15.10 points to 392,402.29, and the JSE Financial Index rose 0.14 points to settle at 99.94.
Trading ended with 47 securities changing hands, the same as on Wednesday and closed with prices of 14 stocks rising, 24 declining and nine ending unchanged.
The PE Ratio averages 16.6 based on ICInsider.com’s forecast of 2020-21 earnings.
Investorss exchanged 15,923,380 shares for $63,507,779 compared to 29,447,608 units at $158,590,501 on Wednesday. Transjamaican Highway led trading with 18.3 percent of total volume, after an exchange of 2.91 million shares followed by QWI Investments controlled 16.9 percent with 2.69 million units, Ciboney Group chipped in 16.1 percent with 2.56 million units. Pulse Investments controlled 11.9 percent of market share for 1.89 million units, Wigton Windfarm with 11.1 percent for 1.77 million units and Key Insurance with 9.4 percent for 1.50 million units.
Trading for the day averaged 338,795 units at $1,351,229, compared to an average of 626,545 shares at $3,374,266 on Wednesday. Trading month to date averages 399,667 units at $2,516,231, versus 403,340 units at $2,586,520 on Wednesday. Trading in January averaged 311,275 units at $1,432,133.
Investor’s Choice bid-offer indicator reading has 10 stocks ending with bids higher than their last selling prices and three with lower offers.
At the close oftrading, Barita Investments fell 36 cents to $81.14, with an exchange of 3,965 shares, Ciboney Group fell 32 cents to $1.80, with 2,562,764 shares crossing the market, Eppley shed 90 cents to end at $27.10, with 345 stocks changing hands, Eppley Caribbean Property Fund closed $1 lower at $40 in exchanging 3,408 units. First Rock Capital advanced 29 cents to $15.29 trading 8,954 shares, Grace Kennedy rose $1 to $81, with the swapping of 29,366 stocks, Jamaica Stock Exchange fell 80 cents to $18 in switching ownership of 52,808 units. Key Insurance declined 20 cents in closing at $4.80, after an exchange of 1,500,426 shares, NCB Financial dipped 40 cents to close at $141 and clearing the market with 66,981 units, Palace Amusement climbed $50 to $850 after exchanging 354 stock units, PanJam Investment fell $1 to $64, with 11,540 stock units changing hands. Portland JSX declined $1.20 to $7.10 in trading 8,000 stocks, Proven Investments closed $1.20 lower at $36 after exchanging 4,285 units, Sagicor Group gained 29 cents to close at $51.60, with the swapping of 4,089 shares. Salada Foods dropped $1 to $40.50 with a transfer of 2,182 shares, Scotia Group gained 50 cents to end at $43, with 15,411 stock units crossing the exchange. Sterling Investments shed 36 cents to $2.64 in exchanging 62,320 stocks, Supreme Ventures dropped 60 cents to close at $15.30, after a transfer of 527,323 units and Sygnus Credit Investments lost 54 cents to close at $14.95 in trading 14,288 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading climbs on JSE USD market
Stocks prices rose marginally after an exchange of 184 percent more shares traded on Thursday than on Wednesday, at the close of the US dollar market of the Jamaica Stock Exchange.
Five securities traded, up from three on Wednesday with two rising, none falling and three closing unchanged, leaving the JSE USD Equity Index gaining 0.30 points to 195.17.
The PE Ratio averages 13.6 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors exchanged 305,332 shares for US$28,042, up from 107,489 units at US$24,329 on Wednesday.
Trading averaged 61,066 units at US$5,608, versus 35,830 shares at US$8,110 on Wednesday. Month to date trading averaged 70,676 units at US$9,645, versus 71,187 units at US$9,859 on the prior trading day. January averaged 121,154 units for US$15,408.
Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than the last selling price and one with a lower offer.
At the close of trading, First Rock Capital rose 0.1 of a cent to 9 US cents, with an exchange of 300,000 shares, Proven Investments ended at 25 US cents, with 1,947 stock units crossing the market, Sygnus Credit Investments closed at 14.02 US cents trading 843 stock units and Transjamaican Highway ended at 0.95 of a US cent transferring 2,121 shares.
In the preference segment, JMMB Group 6% gained 10 cents to close at US$1.10 with the swapping of 421 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Falling stock prices hit TTSE
Falling stocks turn the tables on rising ones in trading on the Trinidad and Tobago Stock Exchange on Thursday, with investors trading marginally fewer shares than on Wednesday, but with value climbing 143 percent.
Trading ended with 12 active securities, down from 19 on Wednesday, with three rising, eight declining and one remaining unchanged. The Composite Index shed 1.54 points to 1,325.91, the All T&T Index declined 3.75 points to 1,759.22, and the Cross Listed Index gained 0.10 points to settle at 120.74.
Investors traded 203,091 shares, for $6,275,039 compared to 206,512 units at $2,576,525 on Wednesday.
An average of 16,924 units traded at $522,920 compared to an average of 10,869 at $135,607 on Wednesday. Trading month to date averaged 16,358 units traded at $316,088 for versus 16,335 units at $328,216. January closed with an average of 13,836 units at $275,635.
The Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and six with lower offers.
At the close of trading, Agostini’s rose 50 cents to $23, with an exchange of 21 units, Angostura Holdings fell 42 cents to $14.60 in exchanging 1,704 shares, Clico Investment Fund declined 15 cents to settle at $25.60 trading 55,406 stock units. First Citizens Bank shed 51 cents to end at $43.49, with the swapping of 1,922 stocks, Grace Kennedy lost 1 cent to $3.99, with 27,997 stock units changing hands, Massy Holdings declined $1.93 to $61.07, in trading 169 units. NCB Financial Group gained 35 cents to $8.85, with 40,014 shares crossing the market. One Caribbean Media lost 4 cents in closing at $4.81 after trading 200 stock units, Prestige Holdings ended at $7.50 in with 50 units changing hands. Republic Financial Holdings advanced 5 cents to $134.60, in exchanging 16,829 stocks, Scotiabank finished 5 cents lower at $55.95, in switching ownership of 27,554 units and Trinidad & Tobago NGL shed 25 cents to end at $15 with an exchange of 31,225 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Widespread gains for Trinidadian stocks
The volume of stocks trading rose moderately on Wednesday over Tuesday’s level, but at 61 percent sharply lower value as the market closed with 19 securities changing hands compared to 18 on Tuesday, with eleven rising, two declining and six traded firm, on the Trinidad and Tobago Exchange.
The market indices all rose, with the Composite Index climbing 6.15 points to 1,327.45, the All T&T Index advanced 6.60 points to 1,762.97 and the Cross Listed Index gained 0.98 points to settle at 120.64.
Investors traded 206,512 shares at $2,576,525 versus 198,318 units at $6,657,970 on Monday.
An average of 10,869 units traded at $135,607 down from 11,018 shares at $369,887 on Tuesday. An average of 16,335 units traded at $328,216 for the month to date versus 16,710 units at $341,427. January closed with an average of 13,836 units at $275,635.
The Investor’s Choice bid-offer indicator shows two stocks with bids higher than their last selling prices and four with lower offers.
In trading, Agostini’s rose 49 cents to $22.50, with 170 shares changing hands, Angostura Holdings gained 6 cents to close at $15.02 trading 105 stock units, Ansa McAL finished 50 cents higher at $53.50 in transferring 90 shares. Calypso Macro Index Fund lost 24 cents to settle at $14.51, with an exchange of 400 stocks, Clico Investment Fund remained at $25.75 trading 23,064 shares, First Caribbean International Bank picked up 5 cents to finish at $7.05 after 36,519 stock units crossed the exchange. First Citizens Bank gained 4 cents to close at $44 trading 19,515 units, Grace Kennedy advanced 24 cents to $4, with the swapping of 69,658 stock units, Guardian Holdings rose 50 cents to end at $22 in the transfer of 4,700 units. JMMB Group remained at $1.85, after exchanging 50 stocks, National Enterprises rose 2 cents to $3.12, with the switching 9,201 shares, National Flour Mills exchanged 3,400 units at $2.35. NCB Financial Group ended at $8.50, with 31,228 stock units crossing the market, One Caribbean Media picked up 4 cents to close at $4.85 after transferring 4,411 stocks, Prestige Holdings closed at $7.50, after an exchange of 897 units. Republic Financial Holdings shed 45 cents to end at $134.55, with 621 shares changing hands, Scotiabank closed at $56 trading 478 stock units, Trinidad & Tobago NGL rose 25 cents to $15.25, in swapping 1,005 units and Unilever Caribbean gained 8 cents to finish at $16.33, in exchanging 1,000 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
All traded JSE USD stocks fall
Prices of all stock trading on Wednesday fell at the close of the US dollar market of the Jamaica Stock Exchange, sending the market index down after exchanged of 59 percent fewer shares than on Tuesday, but with values rising 42 percent.
Trading ended with three securities changing hands, compared to six on Tuesday and closed with all three declining and the JSE USD Equity Index losing 1.74 points to end at 194.87. The PE Ratio averages 13.5 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors exchanged 107,489 shares for US$24,329 compared to 263,779 units at US$17,181 on Tuesday.
Trading averaged 35,830 units at US$8,110, versus 43,963 shares at US$2,863 on Tuesday. Month to date, trading averaged 71,187 units at US$9,859, close to 72,353 units at US$9,917 on Tuesday. January ended with an average of 121,154 units for US$15,408.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than their last selling price and none with a lower offer.
At the close of trading, First Rock Capital fell 0.1 of a cent to 8.90 US cents, exchanging 16,260 stocks, Proven Investments dipped 0.85 of a cent to 25 US cents trading 89,357 units and Sygnus Credit Investments fell 0.48 of a cent to 14.02 US cents, with 1,872 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD Market closes up
Securities trading on Tuesday climbed above Monday’s level but delivered less volume in trading on the US dollar market of the Jamaica Stock Exchange. The market index rose after the trading of 42 percent fewer shares than on Monday, resulting in a third of the stocks advancing after the value of stocks traded fell by 41 percent.
Trading ended with six securities changing hands at the close, compared to four on Monday and closed with the prices of two stocks rising, three declining and one remaining unchanged, with the JSE USD Equity Index gaining 0.54 points to end at 196.61. The PE Ratio averages 13.6 based on ICInsider.com forecast of 2020-21 earnings.
The market closed with an exchange of 263,779 shares, for US$17,181 compared to 457,310 units at US$29,021 on Monday.
Trading averaged 43,963 units changing hands at US$2,863, in contrast to 114,328 shares at US$7,255 on Monday. Trading averaged 72,353 units for the month to date at US$9,917, in contrast to 74,357 units at US$10,415 on Monday. January ended with an average of 121,154 units for US$15,408.
Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than the last selling price and none with a lower offer.
At the close of trading, First Rock Capital added 0.01 of a cent to close at 9 US cents in trading 31,935 shares, Proven Investments shed 0.15 of a cent to 25.85 US cents trading 18,047 units. Sygnus Credit Investments dropped 0.45 of a cent to close at 14.50 US cents, with 3,358 shares crossing the exchange and Transjamaican Highway squeezed out a gain of 0.01 of a cent to end at 0.95 US cents, in switching ownership of 203,258 stocks.
In the preference segment, Equityline Mortgage Investment preference share closed at US$1.96 trading 101 units and JMMB Group 6% lost 1 US cent to close at US$1, in switching ownership of 7,080 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Slippage in Trinidad stocks
Market activity resulted in more securities trading on Tuesday, accounting for slightly fewer shares changing hands with a 34 percent slump in value compared to Monday, at the close of the Trinidad and Tobago Stock Exchange.
Trading took place in 18 securities compared to 16 on Monday, with two rising, six declining and ten remaining unchanged. The Composite Index declined by 4.99 points to 1,321.30, the All T&T Index dropped 9.11 points to 1,756.37 and the Cross Listed Index lost 0.11 points to settle at 119.86.
The market closed with 198,318 shares trading at $6,657,970 versus 200,068 units at $10,154,587 on Monday.
An average of 11,018 units traded at $369,887 down from 12,504 shares at $634,652 on Monday. An average of 16,710 units traded at $341,427 for the month to date versus 17,105 units at $339,450. January closed with an average of 13,836 units at $275,635.
The Investor’s Choice bid-offer indicator shows four stocks with bids higher than their last selling prices and four with lower offers.
In trading, Agostini’s gained 1 cent to $22.01 trading 15 shares, Angostura Holdings remained at $14.96 after exchanging 170 units, Clico Investment Fund gained 20 cents to close at $25.75, with 3,784 shares crossing the exchange. First Citizens Bank lost 4 cents to end at $43.96, in transferring 1,250 units, Guardian Holdings ended at $21.50 in trading 20 stocks, Guardian Media ended at $3.25, with 5,500 shares changing hands. JMMB Group slipped 2 cents to $1.85, with an exchange of 10,000 stock units, Massy Holdings ended at $63 trading 73,723 units, National Enterprises lost 2 cents to close at $3.10 in swapping 400 stock units. National Flour Mills traded 50,000 shares at $2.35, NCB Financial Group ended at $8.50 in trading 2,000 stock units, One Caribbean Media ended at $4.81, with 600 units changing hands. Point Lisas closed at $3.01 after transferring 500 stocks, Republic Financial Holdings remained at $135 after 2,971 shares crossed the exchange, Scotiabank finished at $56 with 21,473 shares switching owners. Trinidad Cement shed 25 cents to $3.50, with the swapping of 23,846 stock units, Trinidad & Tobago NGL lost 10 cents to close at $15, after trading 2,000 units and Unilever Caribbean lost 8 cents, ending at a 52 weeks’ low of $16.25 in transferring 66 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.