Trading Activity — Page 464

JSE US$ Market index rises

May 27, 2020 by IC Insider.com

The Jamaica Stock Exchange, US dollar market, had an increased number of stocks changing hands on Wednesday as overall volume and value trading rose.
Market activity resulted in five securities changing hands, with three declining and two remained unchanged. The volume of shares traded was 253,911 units with a value of US$25,811, in contrast to 159,533 units for US$23,544 from three securities changing hands on Monday.
At the close, the market gained 2.96 points to 190.18. The PE ratio of the market closed with an average of 13 times 2020 earnings.
At the close of trading, First Rock Capital lost 1 cent trading 61,000 shares and closed at 8 US cents, Margaritaville Turks exchanged 23,800 shares at 18 US cents, Proven Investments shed half of a cents to end at 22 US cents after transferring 67,884 shares. Sygnus Credit Investments closed at 13 US cents, with 1,277 units changing hands and Trans Jamaican lost 0.01 of a cent trading 100,000 shares to end at 0.99 US cents.

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

TTSE trading jumps

May 27, 2020 by IC Insider.com

Trading on the Trinidad and Tobago Stock Exchange resulted in a surge in market activity with the US dollar segment coming to life with nearly a million units changing hands.
The market closed with seventeen securities trading with two rising, five declining and eleven holding firm. The volume of stocks passing through the market amounted to 1,221,907 shares valued at $1, $7,269,983 compared to 188,658 shares for $1,302,922 on Tuesday.
The T&T Composite Index declined by 1.45 points to 1,281.86. The All T&T Index shed 1.30 points to 1,724.58, while the Cross Listed Index lost 0.22 points to close at 113.43.
IC bid-offer Indicator│ The Investor’s Choice bid-offer indicator ended with the bids of seven stocks higher than their last selling prices and three with lower offers.
Gainers│ Angostura Holdings traded 1,170 units and rose 40 cents to end at $14.40 and Republic Financial Holdings picked up 1 cent to close at $132.73 in transferring 100 stock units.
Losers│ First Citizens Bank fell by 50 cents to $$44.50, with an exchange of 1,000 shares, Guardian Holdings shed 14 cents to settle at $18.25, in trading 550 units. JMMB Group dipped 4 cents to $1.95 after swapping 177,332 shares, MPC Caribbean Clean Energy closed 10 cents lower at $1, with 930,714 shares crossing the market and Trinidad Cement lost 5 cents to finish at $1.90 in transferring 28,596 stock units.
Firm Traders│Clico Investments closed at $25.30 exchanging 200 units, First Caribbean International Bank remained at $7.50, with a transfer of 166 stock units. Grace Kennedy swapped 56,055 shares at $3, National Enterprises ended at $4.25 trading 1,150 units, National Flour transferred 7,000 stock units and closed at $1.95. One Caribbean Media exchanged 700 shares at $5.50, Prestige Holdings remained at $8.20, with 3,334 stock units changing hands, Scotiabank was unchanged at $54.99 in swapping 100 shares. Unilever Caribbean remained at $16.99 trading 7,238 stock units and West Indian Tobacco held firm at $31.20 with 6,198 units 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: 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, Prestige Holdings, Republic Financial Holdings, Scotiabank, Trading Activity, Trinidad & Tobago NGL, Trinidad Cement, TTSE, Unilever Caribbean, West Indian Tobacco

More gains for Junior Market – Tuesday

May 26, 2020 by IC Insider.com

The Junior Market made further gains at the close of trading on Tuesday after a break on Monday due to the long holiday weekend, gaining 14.43 points to end at 2,561.12 with prices of 11 securities rising, nine declining and 12 remained unchanged.
Investors traded 32 securities, resulting in an exchange of 4,137,638 units valued at $10,997,880 compared to 4,259,300 units valued at $14,475,328 from 35 securities on Friday. The average PE ratio of the Junior Market ended at 9.2 based on 2020-21 earnings.
Trading ended with an average of 129,301 units at $343,684 for each security traded in contrast to 121,694 units at $413,581 on Friday. The average volume and value for the month to date amounts to units 135,857 valued at $415,855 and previously 136,296 units valued at $420,686. In contrast, April closed with an average of 447,863 units valued at 1,028,076 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows six stocks ended with bids higher than its last selling price and three with lower offers.
At the close of the market, Cargo Handlers dropped 50 cents to $6.05 with 6,438 units traded, Caribbean Cream closed 6 cents higher at $2.75 with an exchange of 61,233 stock units, Caribbean Producers traded 1,418,225 shares and fell 12 cents to end at $2.40. Derrimon Trading jumped 22 cents in swapping of 28,295 shares to settle at $2.72, Dolphin Cove shed 23 cents to close at $7 with 5,709 units changing hands, Elite Diagnostic gained 11 cents and exchanged 92,470 shares to settle at $3.40. Express Catering inched 1 cent higher to finish at $3.52 with 33,230 units traded, Fontana dropped 30 cents to $5.60 with 220,601 units crossing the market, General Accident leaped 49 cents exchanging 30,026 stock units to close at $6.50. GWest lost 3 cents in the trading of 1,160 shares to close at 87 cents, Honey Bun declined by 37 cents to $5.08 with 131,812 shares changing hands, iCreate closed 3 cents lower at 52 cents with 87,177 stock units traded. Indies Pharma picked up 2 cents and exchanged 13,245 shares to settle at $2.22, Iron Rock Insurance ended the day 10 cents down, at $3.80 with an exchange of 10,000 shares, Jamaican Teas climbed 6 cents to settle at $4.35 with 158,546 units crossing the market. Limners and Bards dipped 7 cents to $1.75 with 103,494 shares traded, Lumber Depot swapped 136,889 shares to finish at $1.14 after gaining 2cents, Medical Disposables jumped 30 cents to $7.30 with an exchange of 21,814 units. Paramount Trading added 1 cent to finish at $2 after trading 12,300 shares and Stationery and Office Supplies closed 25 cents higher at $6.25, with 5,809 stock units 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: AMG Packaging, Best performing stock market, Blue Power, Cargo Handlers, Caribbean Assurance Brokers, Caribbean Cream, 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, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Medical Disposables, Paramount Trading, Stationery and Office, Trading Activity, tTech

JSE Main Market surges to monthly high

May 26, 2020 by IC Insider.com

Add your HTML code here...

After closing on Monday for the Labour day holiday, the Main Market of the Jamaica Stock Exchange roar back to life after falling on Friday, with the market indices jumping more than 6,000 points and wiping out Friday’s losses to close at the highest level since the April 22.
At the close, the JSE All Jamaican Composite Index advanced by 6,794.20 points to 420,824.34, the JSE Market Index climbed 6,322.58 points to 383,687.12 and the JSE Financial Index gained 1.80 points to 100.87.
The market closed with 48 securities changing hands in the Main and US dollar markets with prices of 15 stocks advancing, 13 declining and 20 securities trading firm. The JSE Main Market activity ended with 45 securities accounting for 17,326,841 units valued at $105,645,502, in contrast to 19,035,180 units valued at $127,444,585 from 40 securities on Friday.
Wigton Windfarm led trading with 9.55 million shares for 55 percent of total volume followed by Trans Jamaican Highway with 2.9 million units for 17 percent of the day’s trade and Sagicor Select Financial Fund with 1.1 million units for 6.3 percent market share.
The Market closed with an average of 385,041 units at $2,347,678 for each security trading, in contrast to 475,880 units valued at an average of $3,186,115 on Friday. The average volume and value for the month to date amount to 357,768 units valued $2,888,684 for each security changing hands, compared to 356,019 units with an average of $2,925,515. Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 for each security.
IC bid-offer Indicator│ At the end of trading, the Investor’s Choice bid-offer indicator reading shows eleven stocks ending with bids higher than their last selling prices and seven stocks closing with lower offers. The PE ratio of the market ended at 14.7, while the Main Market ended at 15 times 2020-21 earnings.
In the Main Market, Caribbean Cement closed at $52, with gains of $3.60 trading 36,034 stock units, Eppley Caribbean Property Fund closed 98 cents higher exchanging 101 units at $37, First Rock Capital gained $1.20 to close $12.35, in transferring 125,317 shares. Grace Kennedy picked up 60 cents to close at $58.60, after swapping 92,756 shares, Jamaica Broilers shed 40 cents trading 31,005 stock units to settle at $26.10, Jamaica Producers advanced $1.50 to $21.50, after swapping 3,786 units. Key Insurance ended 38 cents lower at $5, with an exchange of 10,592 units, Kingston Wharves fell by $3 to $54, in transferring 7,208 units, MPC Caribbean Clean Energy jumped $25 to $176 while trading 140 units. NCB Financial Group slipped to $147.49, with a loss of 51 cents with 321,990 shares changing hands, 138 Student Living closed 31 cents lower at $6.69, after exchanging 408 units, Palace Amusement declined by $100 to end at $1,200, with a transfer of just 10 units. Proven Investments closed 51 cents lower at $35.99, transferring 12,181 stock units, Sagicor Group rose 80 cents to $45.80, with 36,265 stock units changing hands, Salada Foods advanced by $4 to $30 trading only one unit. Scotia Group fell by $2.21 to $44.79, in transferring 40,568 stock units, Seprod gained $1 to end at $54, in exchanging 36,296 stock units and Supreme Ventures ended 95 cents lower at $15, with 572,803 shares crossing the exchange.
In the preference segment, 138 Student Living variable rate, stock, lost $1 to end at $5 with 216 shares trading

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, 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 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, Supreme Ventures, Sygnus Credit, Trading Activity, Trans Jamaica Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

JSE US$ Market slips

May 26, 2020 by IC Insider.com

Trading on the US dollar market of Jamaica Stock Exchange closed on Tuesday, with higher volume and value of stocks changing hands than on Friday, but ended with just three securities switching ownership.
Market activity ended, with the price of one stock rising, one declining and one remaining unchanged. Trading resulted in the exchange of 159,533 units with a value of US$23,544, in contrast to 57,581 units for US$12,255 from seven securities changing hands on Friday.
At the close, the market fell by 3.17 points to 187.22. The PE ratio of the US dollar market closed with an average of 13.2 times 2020 earnings.
The stocks trading on Tuesday are, Proven Investments shed 0.85 of a cent to close at 22.5 US cents with an exchange of 102,056 shares, Sygnus Credit Investments closed at 13 US cents, with 477 units changing hands and Trans Jamaican traded 57,000 shares and gained 0.07 of a cent to end at 1 US cent.

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, Jamaica Stock Exchange, Jamaican stocks, JSE US dollar market, Proven Investments, Sygnus Credit Investments, Trading Activity, Trans Jamaica Highway

Several TTSE stocks rise – Tuesday

May 26, 2020 by IC Insider.com

Trading on the Trinidad and Tobago resumed on Tuesday after closing on Monday for a public holiday with rising stocks outpacing declining one by a wide margin.
At the close, the T&T Composite Index gained 0.22 points to 1,283.31. The All T&T Index declined by 2.16 points to 1,725.88, while the Cross Listed Index rose 0.36 points to close at 113.65.
The market closed with fifteen securities trading, of which seven rose, one declined and seven closed unchanged. The volume of stocks passing through the market amounted to 188,658 units at $1,302,922 compared to 259,251 shares for $1,913,388 on Friday.
IC bid-offer Indicator│ The Investor’s Choice bid-offer indicator ended with the bids of five stocks higher than their last selling prices and three with lower offers.
Gainers│ First Citizens Bank climbed $1 to $45, in swapping 4,179 stock units, Grace Kennedy gained 10 cents to close at $3, trading of 15,000 shares, JMMB Group picked up 4 cents to settle at $1.99, after transferring 3,000 stock units. National Enterprises closed 5 cents higher at $4.25 in exchanging 3,700 stock units, National Flour gained 24 cents and ended at a 52 weeks’ high of $1.95, after swapping 62,220 shares, Prestige Holdings rose 8 cents to $8.20 trading 600 units and Trinidad Cement gained 5 cents with 5,000 stock units changing hands to close at $1.95.
Losers│ Massy Holdings closed at $60, with a loss of $3 after trading 2,460 stock units.
Firm Traders│ Ansa Merchant Bank ended at $37 trading 26 units, First Caribbean International exchanged 15,500 shares at $7.50, NCB Financial closed at $7.50 with 72,800 stock units changing hands. Scotiabank ended with 281 units crossing the exchange at $54.99, Trinidad and Tobago NGL held firm at $16 with 1,000 stock units changing hands, Unilever Caribbean closed at $16.99 after exchanging 1,000 stock units and West Indian Tobacco remained unchanged at $31.20 with 1,892 stock units 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: Ansa Merchant Bank, Daily Trading, Emerging markets, Emerging Stock, First Caribbean International Bank, First Citizens, Grace Kennedy, JMMB Group, 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

BUY RATED General Accident jumps 28%

May 24, 2020 by IC Insider.com

The big news for the past week was a 28 percent jump in the price of General Accident shares, following the release of the first-quarter results. The stock last traded at $6.01 after rising to a high of $6.63 on Friday and dropped out of the Junior Market TOP 10.

General Accident is now out of IC TOP 10 with Q1 profit more than doubling.

During the week, investors pushed the Junior Market up 4 percent but barely moved the Main Market higher, with less than a percentage point rise. This trend is worth watching as bullish indicators point to more gains for Junior Market stocks going forward, with the latter being highly undervalued compared to the Main Market.
Medical Disposables rose from $6.20 at the start of the week to close at $7 and was the other stock to fall out of Junior Market, IC TOP 10. Coming into the TOP 10 are CAC2000 and Elite Diagnostic. The latter faced challenges in critical machine operation, resulting in lost income. Management stated that they “continue to have challenges getting the CT and MRI machines” at the St Ann branch operational. The company will hopefully resolve the problems soon so that the 2021 fiscal year can deliver optimally. Revenue for the 3rd quarter rose to $111.4 million, from $107 million the previous year and resulted in a loss of $2 million compared to a profit of $16 million the past year. In the Main Market, Proven Investments dropped out of the TOP 10 and replaced by Victoria Mutual Investments.
The three top Junior Market stocks with the potential to gain between 344 to 634 percent by 2021 are Caribbean Producers, followed by KLE Group and Lasco Financial. In the Main Market, Radio Jamaica continues to lead, followed by Berger Paints and JMMB Group with projected gains of 165 to 190 percent.
This week’s focus: General Accident reported profit rising 146 percent to $76 million, with investment and other income moving from just $7 million to $74 million. The report showed no cost-benefit from savings that could result from lower motor vehicle accident claims, from sharply reduced motor vehicle usage, since March. Gross Premiums written declined to $2.54 billion from $2.69 billion, but Net Premiums written increased to $689 million from $543 million. Claims rose to $448 million from $294 million in 2019. The December quarter usually generates the highest profit, with claims accounted for conservatively in the earlier quarters adjusted to reflect expected amounts. The new subsidiary, Trinidad based MotorOne Insurance made a small loss of $2 million in the quarter, an indication that not much contribution to profit is expected from it for the current year, it could add to 2021 profit for the group. Total assets of the company grew substantially since March last year from $7.5 billion to $12 billion in the current year, with liabilities rising by $3.5 billion.
Over at Jamaican Teas a report in the newspaper stated, “President of the Jamaica Manufacturers and Exporters Association, JMEA, Richard Pandohie, says the coronavirus has opened trade doors that the sector had been knocking on for a long time.”
“On one level there have been great stories where those businesses have exploded in terms of exports. A lot of small manufacturers who are into natural juices, and natural products from cassava and natural spices have gone into markets that they have trying to do for years,” Pandohie told the Financial Gleaner.
One company that has seen an uptick in business, Jamaican Teas, had to lay on new work shifts and extra production days to keep up with export demand.
“Because of our product base, there’s been strong demand overseas to the extent that we’re doing over time, even on Saturdays, keeping up with the extra demand, said JamTeas CEO John Mahfood.
Although General Accident stock is now out of the Junior market IC TOP 10 listing, it boasts a PE ratio of just 7 versus the market average of 9.4 times this years’ earnings, an indication of potentially more upside for it.
The targeted average PE ratio of the market is 20 based on the profits of companies reporting full year’s results for the financial year ending after 2020 second quarter up to the second quarter in 2021. Both the Junior and Main markets are currently trading well below this level. The JSE Main Market ended the week, with an overall PE of 14 and the Junior Market at just 9.4, based on current 2020-21 earnings. The PE ratio for Junior Market Top 10 stocks averages a mere 5.2 with or 55 percent to the average of the overall Junior Market. The Main Market TOP 10 stocks trade at 8.7 or 62 percent of the PE of the overall market.
The average projected gain for the IC TOP 10 stocks is 319 percent, for the Junior Market and 136 percent for the JSE Main Market, based on 2020-21 earnings, an indication that there is potential to make greater gains in the Junior Market than in the Main Market.
IC TOP 10 stocks are likely to deliver some of the best returns up to March 2021. Forecasted earnings and PE ratios for the current fiscal year are used in determining potential gains. The ranking of stocks is in order of likely increases, with the highest-ranked, being the most attractive. Expected values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. 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: Berger Paints, CAC2000, Caribbean Assurance Brokers, Caribbean Producers, Carreras, Daily Trading, Emerging markets, General Accident, Grace Kennedy, Jamaica Broilers, Jamaican Stock Exchange, Jamaican stocks, Jamaican Teas, junior market, KLE Group, Lasco Financial, Lumber Depot, Medical Disposables, Radio Jamaica, Scotia Group, Stationery and Office Supplies, Stocks to Watch, Sygnus Credit Investments, TOP 10 stocks, Trading Activity, Victoria Mutual Investments

JSE Main market drops

May 22, 2020 by IC Insider.com

Jamaica Stock Exchange Main Market declined at the close of trading on Friday, with an increased volume of stocks trading, but at a lower value than on Thursday.
At the close, the JSE All Jamaican Composite Index declined 2,739.44 points to 414,030.14, the JSE Market Index dropped 2,589.23 points to 377,364.54 and the JSE Financial Index lost 0.66 points to 99.07.
The market closed with 47 securities changing hands in the Main and US dollar markets with prices of 20 stocks advancing, 16 declining and 11 securities trading firm. The JSE Main Market activity ended with 40 securities accounting for 19,035,180 units valued at $127,444,585, in contrast to 11,035,315 units valued $112,835,625 from 41 securities on Thursday.
Wigton Windfarm led trading with 9.9 million shares for 52 percent of total volume followed by Trans Jamaican Highway with 4.6 million units for 24 percent of the day’s trade and Sagicor Select Financial Fund with 1.4 million units for 7 percent market share.
The Market closed with an average of 475,880 units valued $3,186,115 for each security traded, in contrast to 269,154 units valued at an average of $2,752,088 on Thursday. The average volume and value for the month to date amount to 356,019 units valued at $2,925,515 for each security changing hands, compared to 348,777 units with an average of $2,908,729. Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 for each security.
IC bid-offer Indicator│ At the end of trading, the Investor’s Choice bid-offer indicator reading shows eleven stocks ending with bids higher than their last selling prices and six stocks closing with lower offers. The PE ratio of the market ended at 14.5, while the Main Market ended at 14.8 times 2020-21 earnings.
In the Main Market, Barita Investments gained 50 cents trading 7,900 units to end at $51, Caribbean Cement fell $1.10 to $48.40, in exchanging 31,502 stock units, First Rock Capital shed 35 cents transferring 3,450 units to settle at $11.15. Jamaica Stock Exchange closed 47 cents lower to finish at $22.50, with 12,637 units changing hands, Key Insurance picked up 88 cents to end at $5.38, after swapping 6,354 units, Kingston Wharves dropped $1.25 to close at $57, after swapping 12,168 units. Mayberry Investments gained 40 cents to close at $6 after exchanging 114,835 shares, Mayberry Jamaican Equities picked up 60 cents to end at $10, with a transfer of 3,252 units, MPC Caribbean Clean Energy declined by $19 trading 511 units and closed at $151. NCB Financial Group advanced $8 to $148, with 494,118 shares changing hands, 138 Student Living closed 75 cents lower at $7, after swapping 88,036 stock units, Palace Amusement clawed back $200 to advance to $1,300, after trading 88 units. Proven Investments climbed $2 to finish at $36.50, with 11,045 units crossing the exchange, Sagicor Group traded 39,346 stock units at $45, after gaining 40 cents, Scotia Group advanced by $3 to $47, in transferring 155,397 shares. Seprod climbed $2 to $53 exchanging 19,307 units and Wisynco Group ended the day’s trade 32 cents lower at $17.58, in swapping 38,239 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: 138 Student Living, Barita Investments, Caribbean Cement, Carreras, 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 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, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Trans Jamaica Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Junior Market climbs higher

May 22, 2020 by IC Insider.com

Trading on the Junior Market of the Jamaica Stock Exchange moved higher on Friday, with the Junior Market Index advancing 20.68 points to close at 2,546.69 35 securities changing hands, with the prices of 13 securities rising, 15 declining and seven finishing unchanged.

Junior Market Index showing a bullish signal.

Market Activity, resulted in an exchange of 4,259,300 units valued at $14,475,328, down slightly to 3,217,184 units at $14,221,850 on Thursday.
Trading closed with an average of 121,694 units at $413,581 for each security changing hands, in contrast to 110,937 units for an average of $490,409 on Thursday. The average volume and value for the month to date amounts to 136,296 units valued at $420,686 and previously 152,184 units valued at $421,248. In contrast, April closed with an average of 447,863 units valued at 1,028,076 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows two stocks ended with bids higher than their last selling price and one with a lower offer.
At the close of the market, Access Financial dipped 75 cents in trading 416 units at $23.25, AMG Packaging ended with a loss of 1 cent at $1.75 with 750 stock units changing hands, Blue Power ended trading with 500 shares, after rising 5 cents to end at $3.75. Cargo Handlers closed 5 cents higher at $6.55, with 190 stock units trading, Caribbean Cream climbed 15 cents and exchanged 734 shares at $2.69, Caribbean Producers closed 11 cents higher at $2.52, with 477,643 stock units trading. Derrimon Trading closed 7 cents higher at $2.50, with 17,431 stock units traded, Elite Diagnostic declined by 59 cents in exchanging 9,360 units at $3.29, Express Catering climbed 16 cents and exchanged 18,269 shares at $3.51, Fosrich closed 30 cents higher after trading 99,267 stock units at $4. Fontana closed trading of 96,620 units and gained 34 cents to end at $5.90, General Accident closed 2 cents higher at $6.01, with 648,867 stock units trading. Honey Bun climbed 45 cents and exchanged 52,137 shares at $5.45, iCreate closed with 112,094 units passing through the market and gained 2 cents to end at 55 cents, Iron Rock Insurance declined by 9 cents to settle at $3.90, with 3,000 units changing hands. Jamaican Teas ended trading of 125,687 units with gains of 39 cents to end at $4.29, Jetcon Corporation closed with a loss of 8 cents at 80 cents swapping 28,000 shares, Knutsford Express closed trading of 500 units and gained 20 cents to end at $8.70. Lasco Distributors declined by 10 cents trading 630,500 units at $2.90, Lasco Manufacturing fell by 30 cents exchanging 797,613 units at $4, Limners and Bards dipped 8 cents trading 198,771 units at $1.82. Lumber Depot shed 2 cents trading 370,242 units at $1.12, MailPac Group closed with a loss of 3 cents at $1.88 swapping 251,508 shares, Medical Disposables shed 5 cents transferring 22,711 units at $7. Main Event lost 10 cents in trading of 18,000 units at $4.08, Stationery and Office Supplies lost 5 cents 20,757 units changing hands at $6. SSL Venture ended market activity while exchanging 18,400 shares to close at 75 cents, after falling 10 cents and tTech closed with a loss of 9 cents at $4.41 after swapping 42,269 shares.

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, Cargo Handlers, Caribbean Assurance Brokers, Caribbean Cream, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, General Accident, 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, Paramount Trading, SSL Venture Capital, Stationery and Office, Trading Activity, tTech

TTSE climbs higher on Friday

May 22, 2020 by IC Insider.com

The All Trinidad and Tobago Stock Exchange index jumped 13.84 points to 1,728.04 after 14 securities traded, leading to an equal number of three stocks rising and falling, leaving eight unchanged after the total number of stock units rose over Thursday’s level but with a lower value.
The T&T Composite Index climbed 5.97 points to 1,283.09, while the Cross Listed Index lost 0.27 points to close at 113.29 as the prices of stocks held firm. The volume of stocks passing through the market amounted to 259,251 shares valued at $1,913,388 compared to 209,683 shares for $2,262,736 on Thursday.
IC bid-offer Indicator│ The Investor’s Choice bid-offer indicator ended with the bids of eight stocks higher than their last selling prices and four with lower offers.
Gainers│ Guardian Holdings closed 24 cents higher at $18.39, with 410 units changing hands, National Flour picked up 1 cent while transferring 48,072 shares to settle at $1.71 and Scotiabank ended at $54.99, after gaining 34 cents exchanging 8,250 units.
Losers│ CinemaOne lost 1 cent trading 29 units to end at $5.74, JMMB Group closed 5 cents lower at $1.95, with 135,000 shares crossing the market and West Indian Tobacco fell by 20 cents to end at $31.20, after swapping 3,196 units.
Firm Trades│ Clico Investments exchanged 773 units at $25.30, First Citizens Bank traded 5,850 units at $44, Massy Holdings ended at $63, in swapping 448 units, One Caribbean Media remained at $5.50, with 1,100 units changing hands. Republic Financial Holdings transferred 135 units at $132.72, Trinidad and Tobago NGL closed at $16 trading 1,800 units, Trinidad Cement held firm at $1.90, with an exchange of 18,050 units and Unilever Caribbean remained at $16.99, after swapping 36,167 stock units.