The Jamaica Stock Exchange main market closed lower on Monday with JSE All Jamaican Composite Index falling 1,076.09 points to 452,026.90 and the JSE Index declining by 977.87 points to 411,762.43.
At the close market activity, the main and US markets had 33 securities traded, compared to 37 on Friday leading to 12 advancing, 10 declining and 11 closing unchanged.
Trading closed with 3,160,151 units valued at $110,748,555 changing hands, compared to 2,765,705 units valued $90,660,891 trading on Friday.
Trading ended with an average of 101,940 units valued $3,572,534, in contrast to 81,344 shares valued at $2,666,497 on Friday. The average volume and value for the month to date amounts to 127,632 units valued at $10,637,369 and previously, 130,615 units valued at $11,557,578. Trading for April resulted in an average of 157,923 shares at $3,718,919, for each security traded.
Sagicor Group led trading with 1.5 million shares accounting for 48 percent of total main market volume, followed by Pulse Investments with 369,888 shares, and 12 percent of the day’s trades and Barita Investments closed with 321,376 shares for 10 percent of volume traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 6 stocks ending with bids higher than their last selling prices and 3 closing with lower offers.
In main market activity, Barita Investments rose 40 cents and closed at $44.90, with an exchange of 321,376 shares, Grace Kennedy shed 30 cents and ended trading of 14,879 shares at $60.80, Jamaica Broilers gained 49 cents in trading 108,400 units to end at $32, Jamaica Producers added 99 cents in trading 39,777 shares to close at $24.99. JMMB Group lost 95 cents and ended trading 26,726 shares to close at $33, Kingston Wharves lost $1 trading 1,979 shares in closing at $70, Mayberry Investments gained $1.10 to end trading of 42,000 shares, at $9.50, Mayberry Jamaican Equities climbed $1.75 in trading 18,073 shares at $11.75, 
NCB Financial Group rose $1 in trading 65,114 shares to close at $148. PanJam Investment concluded trading of 2,428 shares and jumped $4 to end at a record close of $94, Sagicor Group declined $3 to end at $44 in trading 1,513,718 stock units, Scotia Group traded 4,041 units after declining 99 cents in closing at $50, Seprod gained 97 cents and ended at $45.02, with 23,678 shares changing hands and Supreme Ventures finished with a fall of $1.50 to close at $31.50, with an exchange of 105,394 shares.
Sygnus Credit Investments lost 40 cents to close at $12 with an exchange of 53,679 shares and Wisynco Group ended trading of 269,465 shares with a rise of 35 cents to end at $14.90.
Trading in the US dollar market ended with 85,486 units valued $8,660, Proven Investments closed trading with 881 units in closing at 23.99 US cents and Sygnus Credit Investments rose 1 cent and completed trading of 84,605 shares at 10 US cents. The JSE USD Equities Index lost 3.27 points to close at 178.95.
Junior Market climbed higher – Monday
Fontana ended at a record close of $4.80.
Trading volume fell 47 percent and the value traded fell 63 percent from Friday’s levels,
ending with 28 securities changing hands and an exchange of 931,633 units valued at $3,535,851, compared to trading of 32 securities and 1,771,092 units valued at $9,457,886, on Friday.
Although, trading levels declined, the market climbed 23.23 points to 3,098.42 as the prices of 11 securities advanced, 9 declined and 8 remained unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ended with bids higher than their last selling prices and 2 with lower offers.
Trading ended with an average of 33,273 units for an average of $126,280 in contrast to 55,347 units for an average of $295,559 on Friday. The average volume and value for the month to date amounts to 87,372 units valued at $314,379 and previously, 94,551 units valued at $339,340. In contrast, April closed with an average of 87,963 units valued $317,267 for each security traded.
At the close of the market, Access Financial closed $1 higher at $45, with 620 shares traded, AMG Packaging ended with a loss of 1 cent at $1.89, with an exchange of 26,107 stock units, Blue Power concluded trading of 2,100 units, at $4.60, Caribbean Flavours declined by 50 cents, to close at $16, with 770 stock units changing hands. Caribbean Producers finished trading 3,020 units and rose 39 cents to $4.99, Consolidated Bakeries closed at $1.80, with an exchange of 2,850 shares, Derrimon Trading ended at $2.68, in exchanging 17,732 shares, Everything Fresh settled 2 cents higher at $1.62, with 48,759 units changing hands. Express Catering traded 8,114 shares and rose 13 cents, to end at $7.29, FosRich Group finished trading 21,724 shares and gained 27 cents to a new closing high of $4.67, Fontana closed 30 cents higher at a new closing high of $4.80, with an exchange of 200,841 stock units. General Accident jumped 87 cents higher to $4.89, with 5,100 units changing hands, GWest Corporation concluded trading of 34,500 shares, with a loss of 4 cents at $1.35, Honey Bun finished with a loss of 5 cents at $4.05, with an exchange of 47,710 shares, iCreate settled at 90 cents, with 2,500 shares trading. Indies Pharma ended trading 281,171 stock units after adding 14 cents in closing at $3.34,
Jamaican Teas closed 10 cents higher at $4.20, with 1,898 shares changing hands, Jetcon Corporation ended with a loss of 18 cents at $2.30, with 8,088 shares crossing the exchange, but traded earlier, at an intraday 52 weeks’ low of $2.29. Key Insurance concluded trading with 1,247 stock units, after rising 20 cents to end at $3.90, Lasco Distributors traded 65,399 shares with a loss of 1 cent at $3.89, Lasco Financial ended at $5, with 28,300 shares changing hands, Lasco Manufacturing finished with a loss of 2 cents at $3.50, in trading 15,511 stock units. Main Event closed 60 cents higher at $5.60, with an exchange of 888 units, Paramount Trading concluded trading with 11,750 shares at $2.10, SSL Venture Capital finished at $1.70, with 2,846 shares passing through the exchange. Stationery and Office settled at $7.01 with 60,158 stock units changing hands and tTech traded with a loss of 10 cents at $6.10, with the trading of 6,300 shares. In the junior market preference segment, Derrimon Trading ended with a loss of 8 cents at $1.90, with 25,630 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.
4 TTSE stocks rise 3 fall – Monday
Market activity on the Trinidad & Tobago Stock Exchange ended on Monday with trading took place in 15 securities against 17 on Friday, with 4 advancing, 3 declining and 8 remaining unchanged.
At the close, the Composite Index lost 4.03 points to end at 1,355.93 the All T&T Index declined 10.44 points to 1,802.70 and the Cross Listed Index added 0.35 points to close at 122.66.
Trading ended with 121,618 valued at $3,007,849 compared to 770,667 shares at a value of $10,507,437 changing hands on Friday.
IC bid-offer Indicator|The Investors Choice bid-offer ended at 3 stocks with bids higher than their last selling prices and 2 closed with lower offers.
Stocks ending with gains| At the close of the market, Clico Investments added 5 cents and settled at $23.05, with 20,000 units changing hands, Guarding Media preference share rose 94 cents and ended at a 52 weeks’ high of $66, after exchanging just 5 shares. Trinidad Cement completed trading of 1,940 stock units and rose 4 cents to end at $2.80 and Sagicor Financial closed with a rise of 35 cent at $9.50, in trading of 1,295 shares.
Stocks closing with losses| First Citizens closed with a loss of $2 to end at $38, after exchanging 3,528 shares, 
Scotiabank traded 4,000 shares and lost 32 cents to close at $63 and Trinidad & Tobago NGL lost $1.10 in trading 40,266 units to end at $29.
Stocks closing firm|Angostura Holdings completed trading at $15.80, with 70 stock units changing hands, CinemaOne traded 147 shares and closed at $9.95, Grace Kennedy settled at $3.35, with 5,405 units, Guardian Holdings closed at $18.51, after exchanging 13,240 shares, JMMB Group completed trading at $1.69, with 11,800 stock units changing hands. Massy Holdings completed trading of 1,040 units at $55, National Enterprises traded 5,000 shares at $6.85 and Republic Financial Holdings close at $120.11 in trading 4,687 shares.
More changes in IC TOP 10
Eight consecutive days of record close, for the Jamaica Stock Exchange ended last week, but that did not prevent new additions to the main market IC Insider.com’s TOP 10.
At the same time, the Junior Market recorded strong gains in the week and reduced the year to date loss of nearly 10 percent to April down to just 5.3 percent. While a number of companies released profit results last week many more are due this past and the market could get a jolt from some of them.
At the end of the past week, Jamaica Broilers and Stanley Motta moved out of the main market TOP 10 while Lasco Manufacturing and tTech moved up in price and left the Junior Market TOP 10.
Consolidated Bakeries and Main Event are the new additions to the Junior Market TOP 10 while IC Insider’s long standing TOP 10 main market stock, welcomed back, Sygnus Credit Investments that dropped out the previous week returns to the main market TOP 10 along with Grace Kennedy that reported below average first quarter results.
The three leading Junior Market stocks for the coming week are, Caribbean Producers with projected gains of 248 percent, Elite Diagnostic with likely gains of 233 percent, followed by AMG Packaging with potential gains of 216 percent.
Radio Jamaica with potential gains of 173 percent leads main market stocks, followed by Sterling Investments with 151 percent likely gain and Victoria Mutual Investments in third spot with potential to gain 148 percent.
Wigton Windfarm, Jamaica’s latest initial public share offer, sits in at the 4 position on the main market stock list. 
The stock comes to the market at 50 cents per share and boast a PE of 8.3 times normalized earnings for the year to March 2019. With the heavy oversubscription, the top investors will get just a fraction of what they applied for will certainly pushed the price higher when it lists and start trading.
The main market, closed the week with the overall PE at 14.4 and the Junior Market at just 10.4. The PE ratio for Junior Market Top 10 stocks averages 6.7 and the main market PE is now 8.5. These levels, point to the huge upside for the 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.
6 TTSE stocks gained – Friday
Market activity on the Trinidad & Tobago Stock Exchange ended on Friday with trading took place in 17 securities against 12 on Thursday, with 6 advancing, 4 declining and 7 remaining unchanged.
At the close, the Composite Index gained 0.58 points to 1,359.96, the All T&T Index declined 1.54 points to 1,813.14 and the Cross Listed Index added 0.38 points to close at 122.31.
Trading ended with 770,667 shares at a value of $10,507,437 changing hands, compared to 106,666 shares at a value of $2,353,874.
IC bid-offer Indicator|The Investors Choice bid-offer ended at 4 stocks with bids higher than their last selling prices and 3 closed with lower offers.
Stocks ending with gains| At the close of the market, Ansa McAl traded 1,240 shares after adding 3 cents to settle at $55.33, Guardian Holdings increased 1 cent to end at $18.51, after exchanging 425 shares, Massy Holdings rose 20 cents and completed trading 32,228 stock units at $55. Scotiabank gained 4 cents in the trading of 10,560 to close at $63.55, Sagicor Financial closed with a rise of 40 cent at $9.15 in trading of 347,826 shares and Trinidad & Tobago NGL rose 10 cents in trading 5.014 units to end at $30.10.
Stocks closing with losses| Agostini’s fell 1 cent and ended at $23.50, after exchanging 1,470 
shares, Clico Investments shed 3 cents and settled at $23, with 80,145 units, Republic Financial Holdings declined $2.89 to close at $120.11 in trading 3,329 shares and West Indian Tobacco dropped $2 to $110, with 350 stock units changing hands.
Stocks closing firm| Angostura Holdings completed trading at $15.80, with 1,940 stock units changing hands, with units, First Citizens ended at $40, after exchanging 2,034 shares, JMMB Group completed trading at $1.69, with 1,130 stock units changing hands. National Enterprises traded 157,040 shares at $6.85, NCB Financial Group exchanged 120,301 shares at $8.45, One Caribbean Media completed trading of a mere 22 shares at $10.30 and Unilever Caribbean closed at $26.30, after exchanging 5,613 shares.
Another down day for JSE – Friday
The Jamaica Stock Exchange main market closed lower on Friday with JSE All Jamaican Composite Index falling by 795.98 points to 453,102.99 and the JSE Index declined by 723.33 points to 412,740.30.
At the close market activity, the main and US markets had 38 securities traded, compared to 32 on Thursday leading to 12 advancing, 14 declining and 1 closing unchanged.
Trading closed with 2,765,705 units valued $90,660,891 changing hands, compared to 1,977,854 units for $90,864,188 trading on Thursday and the JSE All Jamaican Composite Index lost 1,047.74 points to close 453,898.97 and the JSE Index declined by 952.11 points to end at 413,463.63.
Trading ended with an average of 81,344 units valued at an average of $2,666,497 for each security traded. In contrast to 59,935 units for an average of $2,753,460 on Thursday. The average volume and value for the month to date amounts to 130,615 units valued at $11,557,578 and previously, 137,805 units valued at $13,039,425. 
Trading for April resulted in an average of 157,923 shares at $3,718,919, for each security traded.
Barita Investments led trading with 549,795 shares accounting for 20 percent of total main market volume, followed by Sagicor Group with 440,087 shares, and 16 percent of the day’s trades and Pulse Investments closed with 281,094 shares for 10 percent of volume traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 3 stocks ending with bids higher than their last selling prices and 2 closing with lower offers.
In main market activity, Barita Investments rose $1.50 and closed at $44.50, with 549,795 shares, Caribbean Cement fell 50 cents to finish at $80, with 43,369 shares changing hands, Eppley gained 98 cents and settled at $12.98, with 205 shares trading, Grace Kennedy gained 30 cents and ended trading of 30,704 shares at $61.10. Jamaica Producers gained 50 cents in trading 1,592 shares to close at $24. PanJam Investment concluded trading of 11,623 shares and lost $1 to end at $90, 
Scotia Group traded 109,267 units after rising 69 cents in closing at $50.99, Supreme Ventures finished with a rise of $2 to close at a 52 weeks’ high of at $33, with 70,840 shares. Sygnus Credit Investments lost 40 cents to close at $12 with an exchange of 53,679 shares and Wisynco Group ended trading of 269,465 shares with a rise of 35 cents to end at $14.90.
Trading in the US dollar market ended with 53,175 units valued at over US$5,496, with JMMB Group 6% preference share concluded trading 490 units at $1.05, Proven Investments closed trading with 950 units in closing at 23.99 US cents and Sygnus Credit Investments lost 1 cent and completed trading of 51,736 shares at 9 US cents. The JSE USD Equities Index rose 0.66 points to close at 182.22.
Junior Market inched higher – Friday
FosRich traded at an all-time high of $4.99 on Friday.
The Junior Market index to closed just 7.96 points higher at 3,068.50 on Friday, with an increase in the number of securities trading and marginally higher volume and value than on Thursday.
Trading ended with 32 securities changing hands, leading to an exchange of 1,771,092 units valued at $9,457,886, compared to trading of 28 securities leading to 1,831,466 units valued at $7,827,314on Thursday. At the close of market activities, the prices of 16 securities advanced, 11 declined and 5 remained unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ended with bids higher than their last selling prices and 6 with lower offers.
Trading ended with an average of 55,347 units for an average of $295,559 in contrast to 65,410 shares for an average of $279,547 on Thursday. The average volume and value for the month to date amounts to 94,551 units valued at $339,340 and previously, 101,559 units valued at $347,167. In contrast, April 
closed with an average of 87,963 units valued $317,267 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 2 stocks ended with bids higher than their last selling prices and 7 with lower offers.
At the close of the market, Access Financial closed with a rise of 80 cents to $44, with 956 shares traded, AMG Packaging ended with a loss of 10 cents at $1.90, with an exchange of 10,000 stock units, Blue Power closed 40 cents higher at $4.60 in trading of 100 units. CAC 2000 jumped 75 cents to $12, with 250 shares changing hands, Cargo Handlers settled at $10.95, with 100 shares trading, Caribbean Cream ended trading of 15,278 shares with a loss of 3 cents at $5.27, Caribbean Flavours traded 7,103 stock units at $16.50, Caribbean Producers finished trading of 14,680 units and lost 1 cent to close at $4.60. Consolidated Bakeries closed with a loss of 5 cents at $1.80, with 6,600 shares crossing the exchange, Derrimon Trading lost 7 cents to end at $2.68, trading 40,082 shares, Dolphin Cove concluded trading of 203,000 shares, at $12.05, Everything Fresh finished 5 cents higher at $1.60, with 324,146 stock units changing hands. Elite Diagnostic ended trading of 42,038 shares with a loss of 1 cent at $3, Express Catering rose 1 cent to $7.16 in trading 4,365 shares, FosRich Group exchanged 14,774 shares to close at $4.40 after trading at an intra-day high of $4.99, Fontana rose 10 cents to $4.50, with 195,988 stock units changing hands. General Accident ended with a loss of 18 cents at $4.02, with an exchange of 130,000 units, Honey Bun finished 5 cents higher at $4.10, in trading 500 shares, iCreate settled 5 cents higher at 90 cent, with 33,000 shares changing hands, 
Indies Pharma ended trading of 53,782 stock units with a loss of 15 cents at $3.20. Iron Rock exchanged 2,576 units with a gain of 40 cents to $3.90, ISP Finance a lost $1.30 cents to close at $11.20 while trading 78,500 shares with, Jamaican Teas closed 10 cents higher at $4.10, with an exchange 18,290 shares, Jetcon Corporation ended 18 cents higher at $2.48, in trading 300 shares. Key Insurance concluded trading of 100 stock units and rose 45 cents higher to $3.70, Knutsford Express added 5 cents to end at $13, with 5,600 shares changing hands, Lasco Distributors ended trading of 55,252 shares, at $3.90, Lasco Financial gained 50 to end at $5, with an exchange of 26,163 shares. Lasco Manufacturing traded 14,145 stock units, and closed with a loss of 8 cents at $3.52, Paramount Trading concluded trading of 25,572 shares, and lost 10 cents to close at $2.10, SSL Venture Capital finished 10 cents higher at $1.70, with 1,800 shares changing hands and tTech traded 446,052 shares and led to a 95 cents jump to close at $6.20.
Prices of securities trading for the day are those at which the last trade took place.
Record JSE run ends – Thursday
After 8 consecutive days of record close, the Jamaica Stock Exchange main market ended down on Thursday, along with a sharp decline in volume traded, compared to Wednesday’s level.
At the close market activity, the main and US markets had 38 securities traded, compared to 32 on Wednesday leading to 10 advancing, 14 declining and 14 closing unchanged. The JSE All Jamaican Composite Index lost 1,047.74 points to close 453,898.97 and the JSE Index declined by 952.11 points to end at 413,463.63.
Trading closed with 1,977,854 units for $90,864,188 changing hands, compared to the big trade on Wednesday of 15,196,273 units at $1,961,044,771, boosted by a 12.6 million NCB Financial shares.
Trading ended with an average of 59,935 units valued $2,753,460, in contrast to 506,542 shares valued at $65,368,159 on Wednesday. The average volume and value for the month to date amounts to 137,805 units valued at $13,039,425 and previously, 150,653 units valued at $15,024,436. Trading for April resulted in an average of 157,923 shares at $3,718,919, for each security traded.
Wisynco Group led trading with 421,521 shares accounting for 21 percent of total main market volume, followed by NCB Financial Group with 382,188 shares, and 19 percent of the day’s trades and Carreras closed with 291,685 shares for 15 percent of volume traded. IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 7 stocks ending with bids higher than their last selling prices and 4 closing with lower offers.
In main market activity, Barita Investments lost $1.45 and closed at $43, trading 8,756 shares, Caribbean Cement rose 49 cents to finish at $80.50, with 46,077 shares changing hands, Grace Kennedy lost 70 cents and ended trading of 55,186 shares at $60.80, Jamaica Broilers traded 28,735 shares after falling $2.28 to close at $31.71. Jamaica Producers gained $1.29 in trading 24,716 shares to close at $23.50, Kingston Wharves lost $1 trading 1,979 shares in closing at $70, Mayberry Investments dropped $1.01 to end trading of 3,022 shares, at $8.49, Mayberry Jamaican Equities shed 49 cents trading 29,389 shares at $10.01, NCB Financial Group lost $2.96 trading 382,188 shares to close at $147.05. PanJam Investment concluded trading of 2,800 shares and gained $1 to end at a record closing high of $91, Pulse Investments concluded trading at 
$2.50, with 281,094 shares, Sagicor Group declined $1 to end at $47 trading 44,572 stock units, Salada Foods lost 99 cents to end at $31.01 after trading 2,060 shares. Scotia Group traded 9,476 units and lost 70 cents in closing at $50.30, Seprod declined 46 cents trading 122,514 shares to close at $44.05, Supreme Ventures finished with a rise of $1 to close at a 52 weeks’ high of at $31, with 158,160 shares. Sygnus Credit Investments lost 58 cents to close at $12.40 with an exchange of 7,200 shares and Wisynco Group ended trading with 421,521 shares with a rise of 30 cents to end at $14.55.
Trading in the US dollar market ended with 36,316 units valued at over US$22,506 with JMMB Group 6% preference share concluded trading 19,000 units at $1.05, Margaritaville completed trading of 343 shares at 25 US cents. Productivity Business rose 1 cent to close at 60 us cents with 863 stock units trading and Proven Investments closed trading with 2,510 units in closing at 24 US cents. The JSE USD Equities Index fell 0.76 points to close at 181.56.
Junior Market inched higher – Thursday
The Junior Market index to closed just 7.96 points higher at 3,068.50 on Thursday, with an increase in the number of securities trading and marginally higher volume and value than on Wednesday.
Trading ended with 28 securities changing hands, leading to an exchange of 1,831,466 units valued at $7,827,314, compared to trading of 24 securities leading to 1,734,955 units valued at $7,708,054 on Wednesday.
At the close of market activities, the prices of 9 securities advanced, 9 declined and 10 remained unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ended with bids higher than their last selling prices and 2 with lower offers.
Trading ended with an average of 65,410 units for an average of $279,547 in contrast to 72,290 units for an average of $321,169 on Wednesday. The average volume and value for the month to date amounts to 101,559 units valued at $347,167 and previously, 108,262 units valued at $359,706. In contrast, April closed with an average of 87,963 units valued $317,267 for each security traded.
At the close of the market, Access Financial traded 933 shares and closed at $43.20, AMG Packaging ended at $2, with 10,000 stock units trading, Blue Power concluded trading with 209,065 units, leading to a loss of 10 cents at $4.20, Caribbean Cream ended trading 11,753 shares and rose 3 cents higher to $5.30. Caribbean Flavours closed at $16.50, with an exchange of 4,600 stock units, Caribbean Producers exchanged 173,900 units, with a loss of 37 cents to end at $4.61, Consolidated Bakeries closed with a loss of 9 cents at $1.85, with 4,400 shares crossing the exchange, Derrimon Trading ended 5 cents higher at $2.75, trading 4,425 shares. Dolphin Cove concluded trading of 40,000 shares at $12.05, Everything Fresh settled at $1.55 with trading in 6,000 units, Elite Diagnostic ended trading of 1,200 shares, with a loss of 34 cents to close at $3.01, FosRich Group rose 30 cents to $4.40, in exchanging 22,123 shares. Fontana closed with a loss of 30 cents at $4.40, with 183,502 stock units changing hands, General Accident ended with a loss of 29 cents at $4.20, with an exchange of 299,246 units, GWest Corporation ended trading of 10,000 shares and rose 4 cents higher to $1.39, Honey Bun finished 25 cents higher at $4.05, trading 700 shares. iCreate settled at 85 cents, trading 10,000 shares, Iron Rock traded 7,492 units at $3.50,
Jamaican Teas closed with a loss of 15 cents at $4, with an exchange of 10,493 shares, Jetcon Corporation ended at $2.30, with 2,939 shares changing hands. Lasco Distributors ended trading with 335,790 shares, at $3.90, Lasco Financial traded 19,887 shares and rose 10 cents to $4.50, Lasco Manufacturing closed with a loss of 4 cents at $3.60, with an exchange of 454,922 stock units, Medical Disposables ended with a loss of 65 cents at $6.85, with 393 shares trading. Paramount Trading concluded trading of just 100 shares and rose 16 cents to $2.20, Stationery and Office settled at $7.01, trading 7,000 stock units, Sweet River ended trading with 503 units and rose 2 cents higher to $3.02 and tTech traded a mere 100 shares and rose 10 cents to $5.25.
Prices of securities trading for the day are those at which the last trade took place.
Big move for TTSE – Thursday
West Indian tobacco closed at a 52 weeks’ high of $112.
Market activity on the Trinidad & Tobago Stock Exchange ended with big gains in the market indices on Thursday.
Trading took place in 12 securities against 17 on Wednesday, with 5 advancing, 3 declining and 4 remaining unchanged and resulted in the Composite Index climbing 7.67 points to 1,359.38, the All T&T Index jumping 15.07 points to 1,814.68 and the Cross Listed Index adding just 0.01 points to close at 121.93.
Trading ended with 106,666 shares at a value of $2,353,874 changing hands, compared to 264,650 shares at a value of $1,709,671.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended at 3 stocks with bids higher than their last selling prices and none closed with a lower offer.
Stocks ending with gains| At the close of the market, Clico Investments gained 38 cents in close at $23.03, with an exchange of 53,317 stock units, 
First Citizens Bank gained $2 to end at 52 weeks’ high of $40, after exchanging just 424 shares. One Caribbean Media added 5 cents and completed trading of 16,000 shares at $10.30, Trinidad & Tobago NGL rose 50 cents in trading 11,555 units to end at $30 and West Indian Tobacco jumped $2 to a 52 weeks’ high of $112, with 940 stock units changing hands.
Stocks closing with losses| Ansa McAl declined 6 cents to $55.30, with 790 stock units changing hands, Massy Holdings fell 20 cents trading of 5,750 at $54.80 and Sagicor Financial closed with a rise of 1 cent at $8.75 in trading of 500 shares,
Stocks closing firm| First Caribbean International Bank closed trading of 3,000 units at $8.35, Prestige Holdings closed at $9, with 389 units changing hands, Trinidad Cement ended at $2.75, after exchanging 11,244 shares and Unilever Caribbean closed at $26.30, after exchanging 2,747 shares.
