Trading Activity — Page 501

Sygnus US$ stock hits IC TOP 10

December 22, 2019 by IC Insider.com

The JSE Main Market TOP 10 had just stock leaving with Sygnus Credit Investments Jamaican dollar listing replaced by the US dollar listed stock, with the price of the latter at 14 US cents or just under J$19 equivalent.
The Sygnus Jamaican quoted stock climbed to a record high of $30 on Friday, but ended at a record closing high of $27 at the end of trading and moved down to 12th spot in the overall market ranking.
The recently listed Lumber Depot closed trading at $1.91 on Friday and moved out of the TOP Junior Market listing. Also, leaving the TOP 10 was Honey Bun, with the price rising to $8.39 with a limited supply of the stock.
Coming into the Junior Market listing, are Lasco Distributors and Paramount Trading as investors beat down their prices.
The targeted PE ratio is now 25, with several stocks trading at that level or around 22 currently. The average projected gains for the IC TOP 10 stocks are 179 percent for Junior Market and 154 percent for JSE Main market Top 10 shares.
The top three Junior Market stocks currently are the Main Event with projected gains of 243 percent, followed by Medical Disposables with a potential increase of 238 percent and Jamaican Teas with 220 percent likely capital growth.
Radio Jamaica still holds on to the lead for Main Market stocks, with an expected increase of 236 percent, followed by Pulse Investments in the number two spot with projected growth of 205 percent and Sygnus US dollar-denominated stock with likely gains of 186 percent, is next.
The JSE Main Market closed the week, with an overall PE of 20.6 and the Junior Market at 14.3, based on current year’s earnings. The PE ratio for Junior Market Top 10 stocks averages 9.1 with the Main Market PE at 10.1.
The TOP 10 stocks now trade at a discount of 36 percent of the average for Junior Market stocks and the Main Market stocks trade at a discount of 51 percent to the overall market.
IC TOP 10 stocks are likely to deliver the best returns to March next year. Projected earnings, along with the PE ratio for each company’s current fiscal year, are used in determining potential gains with the likely gains ranked in descending order with highest-ranked being the most attractive. Forecasted values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis as new information is received that can result in changes in and out of the list.

This report is compiled by persons who may have an interest in securities included in the commentary.

Filed Under: Buy Rated Tagged With: Berger Paints, CAC 2000, Caribbean Flavours, Caribbean Producers, Carreras, Daily Trading, Dolphin Cove, Emerging markets, General Accident, Grace Kennedy, Jamaica Broilers, Jamaican Stock Exchange, Jamaican stocks, Jamaican Teas, junior market, Lasco Financial, Lumber Depot, Main Event, Medical Disposables, PANJAM Investment, Paramount Trading, Pulse Investments, Radio Jamaica, Scotia Group, Stanley Motta, Stocks to Watch, Sygnus Credit Investments, TOP 10 stocks, Trading Activity, tTech

JSE Main Market pulls back – Friday

December 20, 2019 by IC Insider.com

Proven Investments closed at a 52 weeks’ high of J$54.

Trading on the Main Market of the Jamaica Stock Exchange resulted in declines in the two primary market indices on Friday as rising stocks edged out decliners after volume of shares traded rose sharply at just over half of the value that exchanged on Thursday.
At the close of trading, the JSE All Jamaican Composite Index dropped 3,190.45 points to end at 553,941.96, the JSE Market Index lost 2,824.34 points to close at 504,241.70 and the JSE Financial Index declined by 0.43 points to finish at 136.97.
The market closed, with 43 securities changing hands in the Main and US dollar markets, with 18 advancing, 16 declining and the prices of 9 stocks closed unchanged. JSE Main Market activity ended, with 39 securities accounting for 37,939,404 units with a consideration of $92,284,016, in contrast to 22,307,168 units amounting to $166,924,750, on Thursday, from 38 securities changing hands.
Wigton Windfarm returned to dominate trading, with 17.8 million shares and 50 percent of volumes traded followed by Sagicor Select – Manufacturing and Distribution fund with 10 million units for 26.4 percent of the day’s trade and Sagicor Select – Financial Fund with 6.2 million shares for 16.4 percent market share.
The market closed, with an average of 925,351 units at $2,250,830 for each security traded, in contrast to 587,031 units at $4,392,757 on Thursday. The average volume and value for the month to date amounts to 490,445 units for $9,371,834 and previously, an average of 458,316 units for $9,936,556 for each security changing hands. The market closed out November, with an average of 653,621 units valued at $8,699,916 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 10 stocks ending, with bids higher than their last selling prices and one closed, with a lower offer. The PE ratio of the market ended at 19.1, with the Main Market ending at 18.7 times the current year’s earnings.
In the premier market, Caribbean Cement declined by $2.50 to end at $75 with a transfer of 30,265 stock units, Carreras lost 22 cents to end at $8.17, in trading 78,931 stock units. Grace Kennedy climbed $4.50 to end at $69, trading 12,262 shares, JMMB Group gained 77 cents to settle at $47.80 with 189,281 shares changing hands, Kingston Wharves dropped $1.50 to settle at $61, in trading 1,518 units. Mayberry Jamaican Equities fell by $2 to end at $12, with 36,200 stock units trading, MPC Caribbean jumped $29 to end at $231 with an exchange of 175 stock units, NCB Financial Group advanced by 60 cents to close at $203, in swapping 86,379 shares. PanJam Investment rose 99 cents to end at $101.99, with 35,128 shares crossing the exchange, Proven Investments jumped $5 to land at a record high of $54 while trading 3,466 stock units, Pulse Investments had 29,041 changing hands and lost 40 cents to close at $4.10. Sagicor Group dropped $2 to $66 with 17,851 shares changing hands, Salada Foods traded just 18 shares after rising 95 cents to end at $30.95, Scotia Group lost 70 cents to end at $54, in transferring 29,645 shares. Seprod recovered the $2 lost on Thursday in trading 12,567 stock units to close at $50, Sygnus Credit Investments put on $1.87 to close at $27, with 72,065 units crossing the market and Wisynco Group rose 20 cents to $24.30, with 54,141 shares changing hands.
Trading in the US dollar market closed, with 364,656 units amounting to $111,725 units, with the market index falling 7.54 points to close at 222.13. Proven Investments traded 336,610 shares to close at 34 US cents and Sygnus Credit Investments exchanged 28,046 stock units to close at 14 US cents.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Barita Investments, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, 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, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Junior Market 117 points 4 days drop

December 20, 2019 by IC Insider.com

The Junior Market index fell 41.91 points to close at 3,295.49 on Friday, bringing the four days’ fall to 117 points after 12 stocks rose and 14 declined and seven remained unchanged, leaving the average PE at 14.1.
Trading ended with 31 securities changing hands, resulting in an exchange of 9,461,484 units valued at $22,625,047, compared to 18,009,222 units valued at $76,135,643 from 33 securities changing hands on Thursday.
Trading ended with an average of 305,209 units at $649,428 for each stock traded, in contrast to 545,734 units at $2,307,141 on Thursday. The average volume and value for the month to date amounts to 453,305 shares at $1,143,762 compared to an average of 464,683 shares at $1,181,788 for each security traded. In contrast, November closed with an average of 120,579 shares at $506,880 for each security sold.
IC bid-offer Indicator| At the end of trading, the Investors Choice bid-offer indicator reading shows three stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of the market, Access Financial gained $1 to close at $32 after exchanging 2,030 shares, AMG Packaging rose 20 cents to close at $2.30 with 5,541 units changing hands, Blue Power traded 2,710 stock units, after falling 35 cents to end at $5.50. CAC 2000 climbed $1 to close at $14 with 5,265 shares changing hands, Consolidated Bakeries shed 28 cents trading 4,720 units at $1.52, Dolphin Cove rose $1.60 to end at $11.10 with 2,694 units crossing the exchange, Elite Diagnostic transferred 78,000 units and fell 17 cents to end at $4.92. Everything Fresh lost 3 cents to close at $1.07 after exchanging 72,065 stock units, Express Catering lost 50 cents in trading 94,715 shares to close at $6, FosRich shed 20 cents to settle at $3.90 with 49,393 stock units changing hands, General Accident rose 8 cents to close at $7.48 after 35,281 stock units crossed the exchange. GWest Corporation traded 650 units and rose 23 cents to close at $1.06, Honey Bun gained 39 cents after exchanging 13,083 units at $8.39, iCreate gained 3 cents to end at 71 cents in trading 32,474 shares, Indies Pharma increased 30 cents while trading 159,619 units at $2.90. Jamaican Teas gained 15 cents with 12,500 units changing hands at $6.25, Knutsford Express exchanged 1,458 shares with a loss of 78 cents to end at $9.22, Lasco Distributors added 40 cents with 137,307 shares crossing the exchange at $3.40, Lasco Financial traded 18,864 stock units and lost 40 cents in closing at $4. Lasco Manufacturing exchanged 12,995 shares and fell 10 cents to close at $4.90, Limners & Bards pulled back 5 cents to close at $3.05 with 24,518 units crossing the exchange, MailPac slipped 5 cents to settle at $2.13 while exchanging 3,776,578 shares. Main Event traded 17,308 units but fell 30 cents to $6.20, Medical Disposables gained 25 cents to $7.40 with 8,821 shares crossing the market and Stationery & Office Supplies loss 1 cent with 1,036 units changing hands at $10.99.

Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Best performing stock market, Blue Power, CAC2000, 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, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Main Event, Medical Disposables, SSL Venture Capital, Stationery and Office, Trading Activity

TTSE indices slip again

December 20, 2019 by IC Insider.com

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Republic Bank traded at 52 weeks high on Friday.

The Trinidad & Tobago Stock Exchange indices closed lower on Friday, with an equal number of stocks rising as falling including two stocks trading at 52 weeks’ high and one at a 52 weeks’ low.
Trading ended with 16 securities changing hands, against 17 on Thursday, with just four advancing, four declining while eight remained unchanged as 306,927 shares traded for $2,734,005, compared to 334,319 shares for $2,569,200 on Thursday.
At the close of the market, the Composite Index lost 3.47 points to close at 1,468.48. The All T&T Index fell by 2.26 points to 1,836.20, while the Cross Listed Index slipped 0.64 points to 149.19.
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 just one with a lower offer.
Gains| First Citizens Bank ended at $44.75, with the trading of 1,100 units, Grace Kennedy rose 2 cents to close at $4, with 28,325 stock units changing hands. Republic Financial rose 5 cents and completed trading at 52 weeks’ high of $131.05, with 700 units crossing the exchange and L.J Williams rose 19 cents and settled at 52 weeks’ high of $1.69, with 1,140 stock units changing hands.
Losses| Massy Holdings fell 5 cents and closed at $59.70, with just 15 units crossing the exchange, National Flour closed with a loss of 5 cents at a 52 weeks’ low of $1.30, with investors exchanging 16,660 shares. NCB Financial dropped 45 cents and settled at $10.90, with 124,465 stock units changing hands and Scotiabank closed with a loss of 10 cents at $59.90, after swapping of 49 shares.
Firm Trades| Clico Investment Fund ended at $27.25, with 6,637 units crossing the exchange, Guardian Holdings settled at $21.50, with 5,278 stock units changing hands, JMMB Group completed trading at $2.81, with investors exchanging 13,300 shares. National Enterprises settled at $5.55, with the trading of 99,834 units, One Caribbean Media settled at $8.50, after exchanging 4,473 shares, Trinidad & Tobago NGL traded 4,132 shares at $22.50, West Indian Tobacco closed at $42, swapping 744 shares and Unilever Caribbean ended at $23, with 75 units traded.

Prices of securities trading are those at which the last trade took place.

Filed Under: Stock Market, TTSE Market Tagged With: Clico Investments, 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, Point Lisas, Republic Financial Holdings, Scotiabank, Trading Activity, Trinidad & Tobago NGL, TTSE, Unilever Caribbean, West Indian Tobacco

Big jump in JSE Main Market – Thursday

December 19, 2019 by IC Insider.com

Trading on the Main Market of the Jamaica Stock Exchange resulted in a surge in the two primary market indices on Thursday as rising stocks edged out decliners following a rise in volume and values of shares changing hands.
At the close, JSE All Jamaican Composite Index surged 4,382.42 points to 557,132.41, the JSE Market Index jumped 4,008.03 points to close at 507,066.04 and the JSE Financial Index rose 1.15 points higher to 137.40.
The market closed, with 42 securities changing hands in the Main and US dollar markets, with 14 advancing, 13 declining and the prices of 13 stocks closed unchanged. JSE Main Market activity ended, with 38 securities accounting for 22,307,168 units amounting to $166,924,750 in contrast to 9,385,975 units valued $145,118,400, on Wednesday, from 38 securities.
Sagicor Select – Manufacturing and Distribution fund dominated trading, with 11.3 million shares and 50.5 percent of volumes traded followed by Sagicor Select – Financial Fund with 4 million units for 18 percent of the day’s trade and Wigton Windfarm with 2.3 million shares for 10 percent market share.
The market closed, with an average of 587,031 units at $4,392,757 for each security traded, in contrast to 246,999 units valued at an average of $3,818,905 on Wednesday. The average volume and value for the month to date amounts to 458,316 units for $9,936,556 and previously, an average of 448,856 units for $10,376,356 for each security changing hands. The market closed out November, with an average of 653,621 units valued at $8,699,916 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 10 stocks ending, with bids higher than their last selling prices and one closed, with a lower offer. The PE ratio of the market ended at 19.2, with the Main Market ending at 18.7 times the current year’s earnings.
In the premier market, Barita Investments lost 35 cents to settle at $71.65, with 26,059 shares changing hands, Caribbean Cement gained 50 cents to end at $77.50 with a transfer of 142,549 stock units, Carreras gained 39 cents to end at $8.49, in trading 47,830 stock units. Eppley Caribbean Property gained $1.05 to end at $31.05, after exchanging 1,960 shares, Grace Kennedy lost $3.50 to end at $64.50, trading 149,638 shares, Jamaica Broilers rose by $2 to settle at $41, with 657,939 shares changing hands. Jamaica Producers fell $1.50 to end at $24.96 with 21,461 stock units trading, JMMB Group gained 53 cents to settle at $47.03 with 339,830 shares changing hands, Kingston Wharves gained 70 cents to settle at $62.50, in trading 515 units. Mayberry Investments added 40 cents to end at $9.60, trading 30,800 shares, Mayberry Jamaican Equities rose $2 to end at $14, with 372,169 stock units trading, MPC Caribbean gained $2 to end at $202 with an exchange of 116 stock units, NCB Financial Group advanced by $2.40 to close at $202.40, in swapping 228,153 shares. PanJam Investment lost 99 cents to end at $101, with 21,070 shares crossing the exchange. Sagicor Group dropped $2 to settle at $68 with 219,174 shares changing hands, Scotia Group lost 80 cents to settle at $54.70, in transferring 30,971 shares. Seprod dipped $2 trading 22,600 stock units to close at $48, Supreme Ventures gained 50 cents to end at $25.50, while exchanging 97,424 shares, Sygnus Credit Investments put on $1.13 to close at $25.13, with 47,758 units crossing the market and Wisynco Group fell 39 cents to $24.10, with 128,188 shares changing hands.
Trading in the US dollar market closed, with 247,186 units amounting to $48,362, with the market index adding 3.39 points to close at 229.67. Margaritaville traded 4,600 shares to end at 30 US cents, Proven Investments gained 2 cents with 38,568 shares crossing the exchange to close at 34 US cents and Sygnus Credit Investments exchanged 201,518 stock units after slipping by one cent to close at 14 US cents. JMMB Group 5.5% preference share, traded 2,500 units at US$2.02.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Barita Investments, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Eppley Caribbean Property Fund, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Kingston Properties, 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, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Junior Market slips again

December 19, 2019 by IC Insider.com

Jamaican Teas traded the most shares on Thursday

Jamaican Teas led Junior Market trading with 6 million units.

The Junior Market index slipped on Thursday with 6.19 points decline to close at 3,337.40, bringing the three days’ fall to 75 points after 8 stocks rose and 18 declined and 7 remained unchanged, leaving the average PE at 14.1.
Trading ended with 33 securities changing hands, resulting in an exchange of 18,009,222 units valued at $76,135,643, compared to 18,818,737 units valued at $46,426,781 from 34 securities changing hands on Wednesday.
Trading ended with an average of 545,734 units at $2,307,141 for each stock traded, in contrast to 553,492 units, for an average of $1,365,494 on Wednesday. The average volume and value for the month to date amounts to 464,683 shares at $1,181,788 compared to an average of 457,469 shares at $1,081,418 for each security traded. In contrast, November closed with an average of 120,579 shares at $506,880 for each security transferred.
IC bid-offer Indicator| At the end of trading, the Investors Choice bid-offer indicator reading was seven stocks ending with bids higher than their last selling prices and three with lower offers.

At the close of the market, Blue Power exchanged 13,164 stock units, after rising 18 cents to end at $5.85, Cargo Handlers ended with 5,963 shares changing hands with a loss of 55 cents to $9.50, Caribbean Cream lost 20 cents to close at $4.10 while trading 60,000 stocks. Consolidated Bakeries gained 20 cents with 5,404 units changing hands at $1.80, Derrimon Trading exchanged 11,842 with a loss of 8 cents to close at $2.55. Dolphin Cove dropped $1.60 with 1,100 units changing hands at $9.50, Elite Diagnostic traded 12,600 units and fell 20 cents to end at $5.09, Everything Fresh added 4 cents to close at $1.10 with 6,766 stock units changing hands. Express Catering added 35 cents in exchanging 129,477 shares to close at $6.50. Fontana traded 295,282 units and climbed 45 cents to end at $6.70, FosRich rose 20 cents to settle at $4.10 in trading 14,878 stock units, GWest Corporation traded 201,899 stock units but lost 17 cents to close at 83 cents. Honey Bun lost 50 cents in exchanging 7,200 units at $8. iCreate slipped 1 cent to end at 68 cents while transferring 259,001 shares; Indies Pharma slipped 10 cents while trading 110,200 units at $2.60, Iron Rock Insurance lost 35 to close at $3.45 with 66,600 shares changing hands.

Jamaican Teas lost 10 cents with 6,059,319 units changing hands at $6.10 as a director sold and a connected company bought most of the amount that traded, KLE Group traded 5,559 shares after rising 22 cents to $1.75, Knutsford Express exchanged 6,796 with a loss of $1 to end at $10. Lasco Distributors fell by 22 cents with 5,958,632 shares crossing the exchange at $3.22, Lasco Financial traded 108,782 stock units and lost 9 cents in closing at $4.40. Lasco Manufacturing exchanged 1,575,261 shares and fell 4 cents to close at $5; Lumber Depot pulled back 21 cents $1.91 with 1,581,307 crossing the exchange, MailPac added 5 cents to settle at $2.18 while exchanging 847,643 shares. Main Event exchanged 299 units and rose 37 cents to $6.50, Medical Disposables fell 85 cents to $7.15 with 200 shares crossing the market, Paramount Trading exchanged 20,000 shares after falling 44 cents to $1.56 and SSL Venture Capital traded 32,935 shares and fell 9 cents to $1.10.

Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Best performing stock market, Blue Power, Cargo Handlers, 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, 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

Falling TTSE stocks edge advancers

December 19, 2019 by IC Insider.com

Trinidad & Tobago Stock Exchange Head Quarters

Declining stocks just edged out advancers at the close of trading on the Trinidad & Tobago Stock Exchange on Thursday, pushing the market indices moderately up and ending with one stock trading at 52 weeks’ high and one at a 52 weeks’ low.
Trading ended with 17 securities changing hands, against 18 on Wednesday, with just four advancing, five declining while eight remained unchanged as 334,319 shares traded for $2,569,200, compared to 917,251 units for $8,126,649 on Wednesday.
At the close of the market, the Composite Index gained 1.09 points to close at 1,471.95. The All T&T Index gained 0.15 points to end at 1,838.46, while the Cross Listed Index rose 0.28 points to 149.83.
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 just one with a lower offer.
Gains| JMMB Group gained 1 cent and settled at 52 weeks’ high of $2.81, in completing trading of 42,120 shares, Massy Holdings added 45 cents and settled at $59.75, with an exchange of 1,185 units. Prestige Holdings increased 10 cents to $8.50, with 1,000 stock units changing hands and Scotiabank rose 15 cents and ended at $60, with 900 units crossing the exchange.
Losses| Guardian Media shares fell 30 cents and ended at a 52 weeks’ low $7.50, with investors exchanging 2,000 shares, National Flour share fell 1 cent and settled at $1.35, with 83,325 stock units trading, NCB Financial dropped 15 cents and settled at $11.35 after 43,993 stock units changed hands. West Indian Tobacco closed with a loss of 50 cents and ended at $42, with 1,778 units and Unilever Caribbean closed 40 cents down at $23, in trading 1,000 units.
Firm Trades|Clico Investment Fund completed trading at $27.25, with 3,750 units crossing the exchange, Ansa Merchant Bank ended at $35.50, after exchanging 2,820 shares, First Caribbean International Bank concluded trading of 118,600 units at $8. , First Citizens Bank closed at $44.75, with 4,463 stock units changing hands, Grace Kennedy ended at $3.98, swapping of 25 shares, Guardian Holdings completed trading at $21.50, with 1,120 units crossing the exchange, One Caribbean Media completed trading at $8.50, with investors exchanging 25,100 shares and Point Lisas settled at $3.55, with investors exchanging 1,140 shares.

Prices of securities trading are those at which the last trade took place.

Filed Under: Stock Market, TTSE Market Tagged With: Ansa Merchant Bank, Clico Investments, Daily Trading, Emerging markets, Emerging Stock, 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

More declines for JSE Main Market – Wednesday

December 18, 2019 by IC Insider.com

The Jamaica Stock Exchange suffered more declines in the market indices on Wednesday with an almost equal number of rising and declining stocks and a fall in volume and a modest rise in values of stocks crossing the market.
At the close, JSE All Jamaican Composite Index fell 403.42 points to close at 552,749.99, the JSE Market Index declined by 366.20 points to close at 503,058 and the JSE Financial Index slipped 1.00 points higher to 136.25.
The market closed, with 40 securities changing hands in the Main and US dollar markets, with 14 advancing, 13 declining and the prices of 13 stocks closed unchanged. JSE Main Market activity ended, with 38 securities accounting for 9,385,975 units amounting to $145,118,400 in contrast to 15,225,126 units valued $142,466,453, on Tuesday, from 37 securities.
Sagicor Select Funds – Financial stocks dominated trading, with 2.4 million shares and 26 percent of volumes traded followed by Wigton Windfarm, with 1.4 million units for 15 percent of the day’s trade and QWI Investments, with 1.37 million shares for 15 percent market share.
The market closed, with an average of 246,999 units valued at an average of $3,818,905 for each security traded, in contrast to 411,490 units for $3,850,445 on Tuesday. The average volume and value for the month to date amounts to 448,856 units for $10,376,356 and previously, an average of 464,870 units for $10,941,397 for each security changing hands. The market closed out November, with an average of 653,621 units valued at $8,699,916 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 13 stocks ending, with bids higher than their last selling prices and one closed, with a lower offer. The PE ratio of the market ended at 19.1, with the Main Market ending at 18.6 times the current year’s earnings.
In the premier market, Barita Investments rose 50 cents to close at $72, with 2,031 shares changing hands, Grace Kennedy lost $1 to end at $68, after trading 36,091 stock units, Jamaica Broilers fell $2 to settle at $39, with 107,419 shares changing hands. Kingston Wharves gained 80 cents to end at $61.80 trading 7,756 units, Mayberry Jamaican Equities dropped $1 to end at $12, with 156,568 stock units trading, NCB Financial Group lost $1 to close at $200, in swapping shares, 45,342 shares. PanJam Investment gained $1.99 to end at $101.99, with 24,456 shares crossing the exchange. Portland JSX lost 75 cents to settle at $7, with 18,180 shares changing hands. Proven Investments lost $1 in trading 14,915 to close at a $49, Salada Foods slipped 95 cents to end at $30, trading 198 shares, Scotia Group rose $1.50 to settle at $55.50, in transferring 526,827 shares. Seprod added $1 in trading 26,364 units to close at $50, Sygnus Credit Investments put on $1.10 to close at $24, with 78,111 units crossing the market and Wisynco Group climbed $1.47 to $24.49, with 564,12 5 shares changing hands.
Trading in the US dollar market closed, with 209,219 units valued at US$67,632, with the market index adding 3.60 points to close at 226.28. Proven Investments dipped 2 cents in trading 202,519 shares to close at 32 US cents and Sygnus Credit Investments in exchanging 6,700 shares gained a cent to close at 15 US cents.

Junior Market drops again

December 18, 2019 by IC Insider.com

The Junior Market index closed on Wednesday with 37.35 points fall to close at 3,343.59 and bringing the two days decline to 69 points after 15 stocks rose and 13 declined and five remaining unchanged, leaving the average PE at 14.3.
Trading ended with 34 securities changing hands, resulting in an exchange of 18,818,737 units for $46,426,781 compared to 7,297,442 units valued at $19,020,024 from 29 securities changing hands on Tuesday.
Trading ended with an average of 553,492 units for an average of $1,365,494 in contrast to 260,623 units for an average of $679,287 on Tuesday. The average volume and value for the month to date amounts to 457,469 shares at $1,081,418 compared to an average of 447,752 shares at $1,052,673 for each security traded. In contrast, November closed with an average of 120,579 shares at $506,880 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investors Choice bid-offer indicator remains negative, with four stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, Access Financial dipped $1.50 in trading of 6,630 units at $31, AMG Packaging gained 20 cents to end at $2.10 while trading 38,136 shares, Blue Power exchanged 13,164 stock units, after rising 7 cents to end at $5.67, Consolidated Bakeries fell 11 cents with 34,051 units changing hands at $1.60. Derrimon Trading exchanged 7,700 shares and rose 5 cents to close at $2.63. Dolphin Cove rose 20 cents with 976 units changing hands at $11.10, Elite Diagnostic traded 11,622 units and rose 20 cents to end at $5.29, Everything Fresh added 4 cents to close at $1.10 with 6,766 stock units changing hands. Express Catering slipped 15 cents in exchanging 1,020 shares to close at $6.15. Fontana traded 304,106 shares but dropped $1 to end at $6.25, FosRich lost 20 cents to settle at $3.90 in trading 8,804 stock units, Honey Bun rose 70 cents in exchanging 610,750 units at $8.50. iCreate shed 1 cent to end at 69 cents in exchanging 33,957 shares, Indies Pharma slipped 40 cents while trading 56,562 units at $2.70, Iron Rock Insurance lost 35 to close at $3.45 with 66,600 shares changing hands, Jamaican Teas added 20 cents with 31,746 units changing hands at $6.20. Knutsford Express exchanged 3,420 with a gain of 71 cents to end at $11, Lasco Distributors rose 2 cents with 63,690 shares crossing the exchange at $3.22, Lasco Financial traded 39,866 stock units and lost 1 cent to close at $4.49. Lasco Manufacturing exchanged 3,443 shares and rose 21 cents to close at $5.04, Limners and Bards rose 10 cents to close at $3.10 with 309,984 units changing hands, Lumber Depot pulled back 21 cents with 15,177,863 shares changing to close at $2.15, MailPac lost 20 cents to settle at $2.20 while exchanging 1,851,500 units. Main Event lost 32 cents in exchanging 979 units at $6.13, Medical Disposables climbed 90 cents to $8 with 34,770 shares crossing the market, SSL Venture Capital traded 17,650 stock units and fell 17 cents to end at $1.19. Stationery and Office Supplies added 1 cent to close at $11 with 1,636 shares trading and tTech traded 3,700 and lost 51 cents in closing at $5.50.

Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Best performing stock market, Blue Power, CAC2000, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, GWest, Honey Bun, iCreate, Indies Pharma, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, 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

Falling TTSE stocks crush advancers

December 18, 2019 by IC Insider.com

Declining stocks crushed advancers at the close of trading on the Trinidad & Tobago Stock Exchange, on Wednesday, ending seven days of unbroken positive movement for the market and ending with one stock trading at 52 weeks’ high and one a 52 weeks’ low.
Trading ended with 18 securities changing hands, against 14 on Tuesday, with just three advancing, seven declining while eight remained unchanged as 917,251 shares were exchanged for $8,126,649, compared to 424,712 units for $5,733,529 on Tuesday.
At the close of the market, the Composite Index lost 11.47 points to end at 1,470.86. The All T&T Index shed 13.25 points to 1,838.31, while the Cross Listed Index declined 1.32 points to close at 149.55.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with the bids of five stocks higher than their last selling prices and three with lower offers.
Gains| Clico Investment Fund gained 25 cents and ending at a 52 weeks’ high of $27.25, with 69,180 stock units trading, First Citizens Bank rose 25 cents and settled at $44.75, with 2,685 stock units changing hands and Trinidad & Tobago NGL gained 50 cents trading 24,646 shares to close at $22.50.
Losses| Ansa McAl closed with a loss of 5 cents and completed trading of 100 shares at $50, Grace Kennedy lost 2 cents and settled at $3.98 while swapping of 250 shares, Guardian Holdings declined 50 cents to close $21.50, with 64 stock units changing hands. Massy Holdings closed 40 cents down and ended at $59.30, after exchanging 39 shares, One Caribbean Media shed 50 cents and concluded trading of 31,575 units at a 52 weeks’ low of $8.50. Scotiabank dropped 15 cents to close at $59.85, with 39 stock units trading and Unilever Caribbean declined by 9 cents and completed trading of 500 units at $23.40.
Firm Trades| Ansa Merchant Bank settled at $35.50, with 28 units crossing the exchange, Endeavour Holdings traded 3,160 shares at $12.50, First Caribbean International Bank completed trading at $8, with 486,000 units, JMMB Group ended at $2.80, with 244,378 units crossing the exchange. National Flour exchanged 240 units at $1.36, NCB Financial closed at $11.50, with 52,035 units crossing the exchange, Republic Financial settled at $131, with 319 stock units changing hands and West Indian Tobacco settled at $42.50, with 2,013 units crossing the exchange.