Big jump for JSE main market – Wednesday

Wisynco ended at a new closing highon Wednesday.

The Jamaica Stock Exchange main market closed lower on Wednesday as the JSE All Jamaican Composite Index jumped 3,591.40 points to 482,392.12 and the JSE Index advanced by 3,263.64 points to 439,356.76.
At the close market activity, on the main and US markets, the prices of 11 securities advanced, 14 declined and 12 traded firm, as a total of 37 securities traded, compared to 39 on Tuesday. Market activity ended with 43,724,306 units valued at over $310,353,690, in contrast to 89,828,749 units valued $521,107,116 on Tuesday.
Wigton Windfarm returned to the lead position in trading with 37.9 million units or 87 percent of total main market volume, Caribbean Cement closed with 1.35 million shares changing hands equating to 3 percent of total trades, followed by PanJam Investment with 1.2 million stock units and 3 percent of the day’s trades.
The market closed with average of 1,286,009 units valued at an average of $9,128,050, in contrast to 2,566,536 units valued 14,888,775 on Tuesday. The average volume and value for the month to date amounts to 1,246,050 shares, with a value of $10,804,762, compared to 1,241,019 shares, with a value of $11,046,323 previously. May closed with an average of 2,248,261 units at an average of $12,751,529 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ended with bids higher than their last selling prices and one closing with a lower offer.
At the close of the market, Barita Investments lost $1 and closed at $44, with 2,412 shares traded, Caribbean Cement fell 99 cents to close at $79, with an exchange of 1,345,783 shares, Jamaica Broilers finished trading of 15,848 units with a rise of 85 cents to end at $33.75. JMMB Group shed 99 cents in trading 95,501 shares to close at $39, PanJam Investment dropped $2.49 and concluded trading of 1,204,266 shares at $92, Sagicor Group traded 29,481 units with a fall of 50 cents to close at $47.50, Salada Foods gained $1, trading just 200 stock units at $32.50. Scotia Group jumped $1.50 to close at $52.50, with an exchange of 66,800 shares, Seprod rose 50 cents to end at $48.30, in trading 135,071 shares, Sterling Investments rose 34 cents to $3.74, with 8,673 units changing hands and Wisynco Group traded  339,978 shares and rose 45 cents to end at a record close of $18.50.
Trading in the US securities market resulted in 116,915 units valued $63,417 changing hands. Market activity ended with JMMB Group 6% preference share trading 47,500 units with a loss of 1 cents at $1.04 US cents, Proven Investments traded 44,620 units in closing at 25 US cents and Sygnus Credit Investments traded 24,795 units to end at 10 US cents. The JSE USD Equities Index fell 1.32 points to close at 189.19.

Junior Market inched higher – Wednesday

Trading levels declined on Wednesday compared to Tuesday, ending with 2,945,014 units valued at $13,949,439 changing hands, compared to 6,856,068 units valued $29,636,228 changing hands previously.
Trading ended with an average of 101,552 units for an average of $481,015 in contrast to 228,536 units for an average of $987,874 on Tuesday. The average volume and value for the month to date amounts to 226,213 shares carrying a value of $959,667 compared to 244,564 shares carrying a value of $1,030,128 previously. In contrast, May closed with an average of 81,626 units for an average of $311,248 for each security traded.
At the close of market activities, 29 securities changed hands, compared to 30 on Tuesday, resulting in prices of 4 advancing, 15 declining and 10 remaining unchanged. The market index rose a mere 3.05 points to close at 3,130.94.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 2 stocks ending with bids higher than their last selling prices and 5 with lower offers.
At the close of the market, AMG Packaging ended with a loss of 1 cent at $1.99, with 13,997 stock units changing hands, Blue Power concluded trading of 32,500 units, and rose 7 cents to $4.50, Cargo Handlers settled at $9.50, with 1,000 shares, Caribbean Cream ended trading of 1,926 shares at $5.27. Caribbean Producers finished trading 523,000 units at $4.80, Consolidated Bakeries closed with a loss of 20 cents at $1.80, with an exchange of 20,000 shares, Derrimon Trading fell 2 cents to $2.77, with an exchange of 256,383 shares, Everything Fresh settled at $1.59, trading 6,000 units. Elite Diagnostic ended trading of 16,365 shares, with a loss of 39 cents at $3.85, Express Catering added 9 cents to close at $6.99, with an exchange of 6,000 shares, FosRich Group finished trading 18,189 shares, with a loss of 3 cents at $4.95, Fontana closed with a loss of 9 cents at $4.11, with 120,087 stock units changing hands. General Accident ended 3 cents higher at $4.15, after exchanging 49,000 units, Honey Bun finished with a loss of 2 cents at $5.93, with an exchange of 333,703 shares, iCreate settled at 77 cents, with 15,385 shares trading, Indies Pharma ended trading of 302,963 stock units 11 cents higher to $3.26. Iron Rock traded 21,150 units, with a loss of 15 cents at $3.50, ISP Finance dropped $4.50 to close at $15, in trading 4,300 shares, Jamaican Teas closed at $4.40, with 80,560 shares changing hands, Jetcon Corporation ended with a loss of 1 cent at $2.09, trading 15,623 shares. Key Insurance closed with a loss of 15 cents at $3, after exchanging 10,563 stock units, Knutsford Express settled at $12.50, with 3,032 shares crossing the exchange, Lasco Distributors ended trading 395,342 shares at $3.50, Lasco Financial closed with a loss of 15 cents at $5, with 180,422 shares changing hands. Lasco Manufacturing traded 210,979 stock units with a loss of 10 cents at $4, Medical Disposables lost 30 cents to end at $7.50, with an exchange of 4,950 shares, SSL Venture Capital ended at $1.65, with 200 shares trading, Stationery and Office settled at $9.20, with 300,150 stock units changing hands and tTech traded 1,245 shares with a loss of 40 cents at $5.30.

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

Rising & losing TTSE stocks 4 all – Wednesday

The Trinidad & Tobago Stock Exchange closed on Wednesday with the three main market indices declining, as the numbers of declining and advancing stocks were equal.
The market closed with 14 securities trading similar to Wednesday, leading to 4 advancing, 4 declining and 6 remaining unchanged as 331,800 shares valued $5,963,334 changed hands, compared to 200,941 shares valued $3,739,120  from 18 securities trading on Tuesday.
At close of the market, the Composite Index shed 1.72 points to close at 1,358.72. The All T&T Index lost 0.84 points to 1,799.28, while the Cross Listed Index declined 0.36 points to close at 123.92.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with three stocks with higher bids than their last selling prices and one with a lower offer.
Stocks ending with gains| First Citizens gained 5 cents and ended at $39.30, after exchanging 2,123 shares, Republic Financial Holdings added $1 and completed trading of 576 stock units at $121. Sagicor Financial rose 5 cents to $9.55, with 3,563 units changing hands and West Indian Tobacco finished trading with a rise of $1.73 at $112, after exchanging 65 shares.
Stocks closing with losses| Guardian Holdings closed with a loss of 4 cents at $18.45, after exchanging 3 shares, NCB Financial Group fell 5 cents and completed trading of 132,200 stock units at $8.45, Point Lisas shed 8 cents to end at $3.62, after exchanging 102,128 shares and Scotiabank dropped 1 cent and closed at $62.59, after trading 22,452 shares.
Stocks closing firm| Clico Investments settled at $24.50, with 5,692 units crossing the exchange, First Caribbean International Bank closed at $8.35, after exchanging 4,360 shares, JMMB Group completed trading with 1,000 stock units at $2.05. Massy Holdings closed at $54.95, with 39,712 stock units changing hands, Trinidad & Tobago NGL ended at $29, in exchanging 17,923 shares and Unilever Caribbean settled at $25.30, trading just 3 units.

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

Trading rises on JSE main market – Tuesday

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Wisynco ended at an alltime closing high of $18.05.

The Jamaica Stock Exchange main market closed lower on Tuesday as the JSE All Jamaican Composite Index dropped 2,126.46 points to 478,800.72 and the JSE Index declined 1,932.39 points to close at 436,093.12.
At the close market activity, on the main and US markets, the prices of 11 securities advanced, 14 declined and 12 traded firm, as a total of 39 securities traded, compared to 37 on Monday. Market activity ended with 89,828,749 units valued $521,107,116, in contrast to 27,845,140 units valued $326,983,633 on Monday.
Kingston Properties led trading with 64.3 million units or 71.6 percent of total main market volume, Wigton Windfarm closed with 22.35 million shares changing hands equating to 25 percent of total trades, followed by JMMB Group with 571,889 stock units and less than one percent of the day’s trades.
The market closed with average of 2,566,536 units valued 14,888,775, in contrast to 795,575 units valued $9,342,390 on Monday. The average volume and value for the month to date amounts to 1,241,019 shares, with a value of $11,046,323, compared to 1,043,601 shares, with a value of $10,377,239 previously. May closed with an average of 2,248,261 units at an average of $12,751,529 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ended with bids higher than their last selling prices and one closing with a lower offer.
At the close of the market, Caribbean Cement jumped $1.79 to close at $79.99, with an exchange of 3,824 shares, Eppley climbed $1.40 and ended trading of 1,075 shares at $13.40, Grace Kennedy fell 29 cents trading 26,200 stock units to end at $61.21, Jamaica Broilers finished trading of 76,662 units with a rise of $1.01 to end at $32.90. JMMB Group rose 99 cents in trading 571,889 shares at $39.99, Kingston Properties lost 50 cents to close at $6.50, trading 64,331,400 stock units, NCB Financial Group jumped $3.75 trading 181,973 shares to end at $174. Pulse Investments rose 37 cents to close at $2.92, trading 76,602 shares, Sagicor Group traded 68,032 units with a fall of 41 cents to close at $48, Salada Foods dropped $3.70, trading just 705 stock units at $31.50. Scotia Group jumped $1.50 to close at $52.50, with an exchange of 66,800 shares, Seprod lost $2.04 to end at $47.80, in trading 108,270 shares, Sterling Investments rose 34 cents to $3.74, with 8,673 units changing hands and Wisynco Group traded  303,642 shares and rose $1.55 to end at a record close of $18.05.
Trading in the US securities market resulted in 205,833 units valued $61,194 changing hands. Market activity ended with Eppley 5% preference share traded 1,500 units at 98 US cents, Proven Investments traded 195,160 units and lost 1 cent in closing at 25 US cents and Sygnus Credit Investments traded 648 units to end at 10 US cents. The JSE USD Equities Index rose 0.44 points to close at 190.51.

7 stocks fall on TTSE – Tuesday

The Trinidad & Tobago Stock Exchange closed on Tuesday with all three market indices declining, as declining stocks had the upper hand over advancing ones.   
The market closed with 18 securities trading similar to Tuesday, leading to 5 advancing, 7 declining and 6 remaining unchanged as 200,941 shares valued $3,739,120 changed hands, compared to 173,992 shares valued $4,217,945 from 17 securities trading on Monday.
At close of the market, the Composite Index shed 3.06 points to close at 1,360.44. The All T&T Index lost 1.22 points to 1,800.12, while the Cross Listed Index declined 0.68 points to close at 124.28.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with three stocks with higher bids than their last selling prices and one with a lower offer.
Stocks ending with gains| Clico Investments concluded trading of 4,223 units and gained 50 cents to close at a 52 weeks’ high of $24.50, First Citizens added 25 cents to close at $39.25, after exchanging 460 shares, National Flour increased 2 cents and completed trading at $1.72, after exchanging 208 shares. NCB Financial Group rose 5 cents and settled at $8.50, with 2,243 stock units changing hands and Scotiabank closed with a gain of 5 cents and ended at $62.60, after exchanging a mere 15 shares.
Stocks closing with losses| First Caribbean International Bank closed with a loss of 1 cent at $8.35, after exchanging 19,839 shares, Grace Kennedy fell 10 cents to $3.15, with an exchange of 420 units, Guardian Holdings declined 1 cent to close at $18.49, after exchanging 16,207 shares. JMMB Group shed 5 cents and settled at $2.05, with 590 stock units changing hands, Prestige Holdings dropped 18 cents and completed trading of 567 shares at $9.50, Republic Financial Holdings declined 2 cents and settled at $120, with 8,697 stock units crossing the exchange and Sagicor Financial dropped of 80 cents and closed at $9.50 after trading 73,500 units.
Stocks closing firm| Calypso Macro Index Fund settled at $15.30, with 2,100 stock units changing hands, Massy Holdings closed at $54.95, trading 7,000 stock units, National Enterprises ended at $6.68, after exchanging 2,000 shares. Trinidad & Tobago NGL completed trading of 27,741 shares at $29, Trinidad Cement settled at $2.55, with 33,615 stock units changing hands and Unilever Caribbean concluded trading of 1,516 units at $25.30.

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

Junior Market inched higher – Tuesday

Elite Diagnostics closed at a new high of $4.24 on the Junior Market on Tuesday.

The Junior Market inched higher in trading on Tuesday following Monday’s slight fall but IC bid-offer Indicator reflect negative readings.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 2 stocks ending with bids higher than their last selling prices and 5 with lower offers.
At the close of market activities, 30 securities changed hands, compared to 26 on Monday, resulting in prices of 8 advancing, 12 declining and 10 remaining unchanged. The market index rose 0.74 points to close at 3,127.89.
Trading ended with 6,856,068 units valued at $29,636,228 changing hands on Tuesday, compared to 3,487,721 units valued at $19,401,745 changing hands on Monday.
Trading ended with an average of 228,536 units for an average of $987,874 in contrast to 134,143 units for an average of $746,221 on Monday. The average volume and value for the month to date amounts to  244,564 shares carrying a value of $1,030,128 compared to 247,444 shares carrying a value of $1,037,7192 previously. In contrast, May closed with an average of 81,626 units for an average of $311,248 for each security traded.
At the close of the market, Access Financial closed with a loss of 1 cent at $45, with 31,398 shares trading, AMG Packaging ended 2 cents higher at $2, with 16,403 stock units changing hands, Caribbean Cream ended trading 29,300 shares, with a loss of 68 cents at $5.27, Caribbean Producers ended at $4.80, in trading 5,220 units. Consolidated Bakeries closed at $2, with an exchange of 7,500 shares, Derrimon Trading ended with a loss of 2 cents at $2.79, with 5,400 shares changing hands, Dolphin Cove traded of 10,000 shares, at $12, Everything Fresh settled with a loss of 1 cent at $1.59, with an exchange of 57,514 units. Elite Diagnostic jumped 52 cents to close at a 52 weeks’ high of $4.24, trading 18,058 shares, Express Catering traded 59,094 shares with a loss of 8 cents to end at $6.90, FosRich Group lost 2 cents to end at $4.98, after exchanging 133,283 shares, Fontana closed 20 cents higher at $4.20, with 1,154,738 stock units changing hands. General Accident ended with a loss of 38 cents at $4.12, with an exchange of 101,873 units, GWest Corporation concluded trading of 600 shares at $1.31, Honey Bun closed at $5.95, with an exchange of 5,100 shares, iCreate settled with a loss of 3 cents at $0.77, with 4,350 shares changing hands. Indies Pharma ended trading 113,293 stock units with a loss of 15 cents to close at $3.15, Iron Rock traded 1,126 units, with a loss of 19 cents at $3.65, Jamaican Teas closed with a loss of 30 cents at $4.40, with 6,070 shares changing hands, Jetcon Corporation ended 1 cent higher at $2.10, with 3,775 shares trading. KLE Group finished at $1.90 after exchanging 250 units, Knutsford Express settled at $12.50, with an exchange of 5,034 shares, Lasco Distributors traded 136,188 shares, to end at $3.50, Lasco Financial ended at $5.15, with 307,241 shares changing hands. Lasco Manufacturing traded 4,508,730 stock units with a rise of 10 cents to $4.10, Main Event closed at $5.88, with 12,483 units changing hands, Medical Disposables ended 35 cents higher at $7.80, with the trading of 1,236 shares, Paramount Trading concluded trading of 63,374 shares with a loss of 20 cents at $2. SSL Venture Capital finished 24 cents higher at $1.65, after exchanging 100 shares and Stationery and Office settled 16 cents higher at $9.20, with 57,337 stock units changing hands.

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

JSE major indices rise – Monday

Wisynco traded at a new high of $20 on Monday as supply dries up.

The Jamaica Stock Exchange main market recovered some of Friday’s losses, on Monday as the JSE All Jamaican Composite Index climbed 1,684.72 points to 480,927.18 and the JSE Index advanced by 1,530.97 points to 438,025.51.
At the close of market activity, on the main and US markets, the prices of 14 securities rose, 11 declined and 12 traded firm, as a total of 37 securities traded, compared to 36 on Friday. Market activity ended with 27,845,140 units valued $326,983,633, in contrast to 104,623,709 units valued $541,856,427 on Friday.
Wigton Windfarm continues to dominate trading since listing in late May, closing with 20 million shares changing hands and 72 percent of total trades, followed by Wisynco Group with 2.33 million stock units and 8.4 percent of the day’s trades and Caribbean Cement with 1 million units for 3.7 percent of volume traded.
The market closed with average of 795,575 units valued $9,342,390, in contrast to 2,989,249 shares valued at $15,481,612 on Friday. The average volume and value for the month to date amounts to 1,043,601 shares, with a value of $10,377,239, compared to 1,309,645 shares, with a value of $13,324,556 previously. May closed with average of 2,248,261 units at an average of $12,751,529 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and 4 with lower offers.
At the close of the market, Berger Paints gained $1 to close at $18, trading 1,629 stock units, Caribbean Cement jumped $5.15 to close at $78.20, with an exchange of 1,017,540 shares, Jamaica Broilers finished trading of 36,567 units with a decline of $1.11 to end at $31.89. JMMB Group lost 99 cents and concluded trading of 68,154 shares at $39, Kingston Properties gained $1 to close at $7, with 383 stock units trading, NCB Financial Group ended trading of 320,113 shares with a rise of 23 cents to end at $170.25. PanJam Investment lost 50 cents and concluded trading of 358,033 shares at $94.50, Sagicor Group traded 260,547 units and rose 41 cents to close at $48.41, Sagicor Real Estate Fund added 25 cents and finished trading with 49,992 stock units at $10.25. Seprod jumped $1.84 to end at $49.84, in trading 159,357 shares, Supreme Ventures  dropped $1.25 to settle at $29.65, trading 369,194 shares and Wisynco Group traded 2,332,253 shares and rose 50 cents to end at a record close at $16.50, after the stock hit $20 during the day, for the first time.
Trading in the US securities market resulted in 74,645 units valued $18,272 changing hands. Market activity ended with Proven Investments traded 67,775 units and closed at 26 US cents and Sygnus Credit Investments lost 1 cent in trading 6,890 units to end at 10 US cents. The JSE USD Equities Index fell 1.51 points to close at 190.07.

More declines for Junior Market – Monday

The Junior Market declined for the second day in trading on Monday following Friday’s slight fall but IC bid-offer Indicator reflect a negative reading, suggesting that the decline is not yet over.
At the close of market activities, 26 securities changed hands, compared to 25 on Friday, resulting in prices of 14 advancing, 10 declining and 2 remaining unchanged. The market index slipped 10.35 points to close at 3,127.15.
Trading ended with 3,487,721 units valued at $19,401,745 changing hands on Monday, compared to 8,677,038 units valued $33,362,375 changing hands on Friday.
Trading ended with an average of 134,143 units for an average of $746,221 in contrast to 347,082 units for an average of $1,334,495 on Friday. The average volume and value for the month to date amounts to 247,444 shares carrying a value of $1,037,7192 compared to 268,336 shares carrying a value of $1,091,470 previously. In contrast, May closed with an average of 81,626 units for an average of $311,248 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows  4 stocks ending with bids higher than their last selling prices and 9 with lower offers.
At the close of the market, AMG Packaging ended with a loss of 1 cent at $1.98, with 20,817 stock units changing hands, CAC 2000 finished $1 higher at $13, with an exchange of 4,437 shares, Caribbean Producers finished trading of 96,108 units with a loss of 10 cents at $4.80. Derrimon Trading lost 4 cents to end at $2.81, trading 2,500 shares, Dolphin Cove concluded trading of 297,835 shares and rose 20 cents higher to $12, Everything Fresh settled at $1.60, with 24,906 units trading, Elite Diagnostic ended trading of 5,200 shares and rose 21 cents to $3.72. Express Catering traded 59,784 shares with a loss of 1 cent at $6.98, FosRich Group exchanged 500,120 shares to finish with a loss of 20 cents at $5, Fontana closed with a loss of 25 cents at $4, after exchanging 464,115 stock units, General Accident ended 35 cents higher at $4.50, with 516,162 units crossing the exchange. GWest Corporation closed 1 cent higher at $1.31, with 15,300 shares trading. Honey Bun declined by 5 cents to close at $5.95, with 543,485 shares changing hands, iCreate closed with a 5 cents gain at 80 cents with an exchange of 137,014 shares, Indies Pharma ended trading of 71,144 stock units after rising 5 cents to $3.30. Jamaican Teas closed with a rise of 15 cents to close at $4.70, with an exchange of 129,156 shares. Jetcon Corporation ended trading with 9,803 shares with a rise of 14 cents to $2.09, KLE Group finished with a loss of 25 cents to end a a 52 weeks’ low of $1.90, trading 964 units, Knutsford Express settled with a loss of 40 cents at $12.50, with and exchange of 4,966 shares, Lasco Distributors ended trading of 24,765 shares and rose 20 cents to $3.50. Lasco Financial rose 5 cents to close at $5.15, trading 60,931 shares, Lasco Manufacturing finished trading 116,768 stock units after rising 9 cents to close at $4, Main Event closed 67 cents higher at $5.88, with an exchange of 28,376 units, Medical Disposables ended at $7.45, with 11,843 shares changing hands. SSL Venture Capital finished 11 cents higher at $1.41, with 13,129 shares crossing the exchange and Stationery and Office Supplies settled with a loss of 6 cents at $9.04, with 328,093 stock units trading.

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

5 stocks rose 5 fall on TTSE – Monday

The Trinidad & Tobago Stock Exchange closed on Monday with all three market indices declining as trading levels dropped sharply compared to Friday.  
The market closed with 17 securities trading similar to Monday, leading to 5 advancing, 5 declining and 7 remaining unchanged as 173,992 shares valued $4,217,945 changed hands, compared to 776,765 shares valued $11,926,368  compared 19 securities trading on Friday.
At close of the market, the Composite Index shed 0.52 points to end at 1,363.50. The All T&T Index lost 0.44 points to 1,801.34, while the Cross Listed Index declined 0.08 points to close at 124.96.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 3 stocks with higher bids than their last selling prices and none with a lower offer.
Stocks ending with gains|First Caribbean International Bank rose 1 cent and settled at $8.36, after exchanging 3,300 shares, Point Lisas gained 5 cents and settled at $3.70, in exchanging 1,211 shares, Republic Financial Holdings added 88 cents at $122, with 1,215 stock units changing hands. Scotiabank closed with an increase of 5 cents and settled at $62.55, after trading 244 shares and Unilever Caribbean ended with a rise of 30 cents at $25.30, with 984 units.
Stocks closing with losses| Ansa Mcal shed 27 cents and completed trading at $55.02, with 2,853 units, Gaurdian Media dropped 1 cent and ended at 52 weeks’ low of $12.75, with 75 stock units changing hands, National Enterprises declined 2 cents and settled at 52 weeks’ low of $6.68, after exchanging 1,025 shares. Sagicor Financial ended trading 5 cents lower and completed trading at $10.30, with 60,450 units and Trinidad & Tobago NGL shares fell 25 cents and concluded at $29, after exchanging 39,542 shares.
Stocks closing firm| Ansa Merchant Bank settled at $37, after exchanging a mere 1 share, Calypso Macro Index Fund ended at $15.30, with 682 stock units changing hands, First Citizens concluded market activity at $39, after exchanging 228 shares. Guardian Holdings settled at $18.50, with 20,000 shares crossing the exchange, JMMB Group ended at $2.10, in exchanging 11,982 stock units, LJ Williams B share concluded trading of 200 shares at $1 and Massy Holdings closed at $54.95, with 30,000 stock units changing hands.

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

3 new stocks now in IC TOP 10

Stocks mostly closed higher on the Jamaica Stock Exchange during the past week as Lasco Financial returns along with Caribbean Cement and Sagicor Group.
Leaving IC Insider TOP 10 at the end of the week are Everything Fresh, Jamaica Broilers and Sygnus Credit Investments.
Rising stock prices in the last week help in reducing the projected gains in to leading stocks compared to position at the end of the prior week. The three leading Junior Market stocks for the coming week are, Caribbean Producers with projected gains of 227 percent, followed by Iron Rock with likely gains of 213 percent and AMG Packaging with possible gains of 202 percent.
Sterling Investments with potential gains of 203 percent leads main market stocks, followed by Radio Jamaica with 150 percent and Berger Paints in third spot with the potential to gain 147 percent within twelve months.
The main market, closed the week with the overall PE at 14.8 and the Junior Market at 11.2. The PE ratio for Junior Market Top 10 stocks averages 7.2 and the main market PE 8.8. These levels, point to a big upside for TOP 10 stocks over the next 12 months and Junior Market stocks in particular.
The TOP 10 stocks now trade at an average discount of 36 percent to the average for the Junior Market Top stocks and main market stocks trade at a discount of 41 percent to the overall market.
TOP 10 stocks are likely to deliver the best returns within a 12 months period. Projected earnings, for each company’s current fiscal year, are used in determining, the selected stocks. The PE for and projected earnings for each stock are computed to show potential gains for the year, which are ranked in descending order. Potential 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 interest in the securities commented on.