JSE rises with moderate trades – Wednesday

June 29, 2016 by

Kingston Wharves traded at a new high of $16 on Wednesday.

Kingston Wharves traded at a new high of $16 on Wednesday.

Trading on the Jamaica stock market on Wednesday was a moderate 5,438,812 units valued at just $30,375,280 in all market segments. At the close the market indices recovered grounds lost on Tuesday and more, with 39 securities trading and the prices of 15 stocks rising, 14 falling, including 5 stocks rising and 3 declining from the junior market.
Two stocks closed at new highs and one in the junior market hitting a new intraday high. The junior market accounted for 1,318,717 shares valued at $3,968,524 of all trades.
The JSE Market Index climbed 632.43 points to end at 160,197.54. The all Jamaica Composite Index gained 707.31 points to close at 177,991.17 and the JSE combined index jumped 820.66 points, to end at 171,068.17.
JSE sum 29-6-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 14 stocks with bids higher than their last selling prices and 6 with lower offers.
At the end of market activities, Berger Paints lost 5 cents and ended at $4.45 while 3,000 units were traded, Cable & Wireless dropped 1 cent with 320,996 units traded to close at $1.24, Caribbean Cement declined by 90 cents to close at $21.60 after trading 11,092 units. 1834 Investments traded 59,839 shares but lost 2 cents to close at $1, Grace Kennedy shed $1.25 to close at $123 with 11,639 units changing hands, Jamaica Broilers ended with 5,007 units changing hands, lost 28 cents to close at $14.22, JMMB Group gained 11 cents in trading 24,219 units to close at $9.83. Kingston Wharves traded 1,300 units and gained $2 to close at a 52 weeks’ closing high of $16, Montego Bay Ice jumped $1.37 to a new 52 weeks’ high of $20 with 195,400 shares were traded. National Commercial Bank ended with 17,150 units changing hands with a 1 cent gain to $42.02 at the close, 138 Student Living traded 500,000 shares with a loss of 1 cent at $4.50,JSE mm fn qts 29-6-16 Pan Jamaican Investment Trust fell 50 cents and closed with 321,590 shares trading at $25.50. Radio Jamaica lost 28 cents and closed with 73,338 shares changing hands at $1.40, Sagicor Group ended with 42,432 shares changing hands at $23.03 after adding 2 cents, Sagicor Real Estate Fund traded 71,501 shares to close at $10.15. Scotia Group had 116,189 shares changing hands to close with a slip of 2 cents to $30.78, Scotia Investments jumped $1.40 with 16,459 shares trading to close at $27.40, Supreme Ventures ended trading, with 51,736 units at $4.54. JMMB Group 7.5% preference share traded 2,134,200 units with a rise of 2 cents at $1.05 and JMMB Group 7.25% preference share traded 17,800 shares at $2.45.

Filed Under: JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , ,

TTSE inches up – Wednesday

June 29, 2016 by

TTSE build Trading on the Trinidad and Tobago stock market accounted for 639,447 shares valued at $3,501,364 changing hands. At the close, 13 securities traded with 4 gaining, 3 declining, while 6 remained unchanged.
The Composite Index advanced by 1.08 points or to close at 1,137.15, the All T&T Index rose 2.33 points to close at 1,791.05 and the Cross Listed Index fell by 0.03 points to 64.32.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 6 stocks with bids higher than their last selling prices and 8 with offers that were lower.
Gains| Angostura Holdings contributed 31,835 shares valued at $413,855 to end at $13 after rising by 10 cents, First Citizens jumped 75 cents to close at $34.50 while trading 3,899 shares, the stock was offered at $34 at the close. Massy Holdings rose 5 cents and closed at $55.30 with 15,000 shares changing hands valued at $829,500 and National Commercial Bank traded 214,186 shares valued at $557,234 to close 1 cent higher at $2.61.
TTSE 29-06-16 Losses| Republic Financial Holdings declined by 1 cent to close at a 52 weeks’ low of $107.18 with just 20 shares changing hands, Scotiabank lost 2 cents to close at $53.80 with 1,810 shares traded and Unilever Caribbean fell 3 cents with only 30 shares trading at a 52 weeks’ low of $64.77.
Firm Trades| Clico Investments ended with 22,693 shares changing hands, valued at $514,223 at $22.66, JMMB Group traded 237,519 shares at 60 cents, National Flour Mills had 217 shares changing hands at $2.30. Prestige Holdings had just 50 units changing hands at $10.90, Sagicor Financial traded 112,177 units value of $809,917 and ended at $7.25 and West Indian Tobacco closed trading with 11 shares at $126.28.

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Partial recovery for juniors – Wednesday

June 29, 2016 by

The junior market closed trading on Wednesday with the market index climbed by 22.74 points, recovering a large part of the big loss on Tuesday, to close at 2,190.33 as Lasco Distributors recovered some of yesterday’s loss. Only 11 active securities with the volume JM sum 29-6-16at 1,318,717 shares valued at $3,968,524 changed hands. At the close, 5 stocks advanced and 3 declined.
At the end of trading 8 stocks closed with the bids higher than their last selling prices and 3 ended with lower offers.
At the end of trading, Caribbean Cream fell 24 cents with 58,663 shares changing hands, to close at $4.86 after trading at an all-time high of $5.50, Consolidated Bakeries traded 859,272 shares, lost 5 cents to end at $1.80, Dolphin Cove traded 14,300 units and rose 5 cents higher at $11.65. General Accident Insurance fell 1 cent to close at $2.05 with 112,200 units trading, JM Trdng Sht-29-6-16Honey Bun gained 30 cents to close at $5.50 with 14,517 units changing hands, Iron Rock Insurance had 16,900 shares changing hands with a gain of 4 cents to end at $3.30, Knutsford Express Services traded 28,182 shares at $17.50. Lasco Distributors gained 50 cents in trading 12,110 units to end at $7.50, Lasco Manufacturing closed at $5 with 199,373 shares trading, Medical Disposables traded 1,100 shares to close with a gain of 30 cents at $3.30 and tTech traded 2,100 units at $4.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , ,

MoBay Ice jumps to new high

June 29, 2016 by
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Montego Bay Ice traded at a new 52 weeks’ high of $20 with 193,900 units, to gain $1.37 cents, having risen by $3.73 on Tuesday. Trading, early Wednesday morning on the Jamaica Stock Exchange continues the slow pace evident for the early summer month, with moderate volumes with a few stocks trading over 100,000 shares.
ICI intra JSE 29-06-16After 75 minutes of trading in the early morning session, on Wednesday, the junior market had just four securities trading, but junior market index jumped by 2 percent with Lasco Distributors regaining most of Tuesday’s lost ground. The main market indices declined moderately.
Only three stocks traded over 100,000 shares, with Cable & Wireless trading 306,113 at $1.20 and Pan Jamaican Investment traded 313,590 to close down to $25.50.
Trading resulted in activity in 21 securities, accounting for a volume of 1,110,845 shares compared to as 7 stocks gained and 9 declined. The average number of shares traded amounts to 52,897 units compared to an average of 28,363 units on Tuesday.
The all Jamaica Composite Index fell 170.62 points to 177,113.24, the Jamaica Stock Exchange Market Index dipped 152.56 points to 159,412.55 the Jamaica Stock Exchange combined index climbed 320.95 to close at 170,568.46 points andthe junior market index jumped 44.84 points to 2,212.43.

Filed Under: JSE Combined, Stock Market Tagged With: , , , ,

TTSE ends higher – Tuesday

June 28, 2016 by

TTstocks Trading on the Trinidad and Tobago stock market accounted for 731,354 shares valued at $2,437,546 changing hands. At the close, 14 securities traded with 2 gaining, 2 declining, while 10 remained unchanged.
The Composite Index advanced by 0.16 points or to close at 1,136.07, the All T&T Index fell 0.24 points to close at 1,788.72 and the Cross Listed Index advanced by 0.08 points to 64.35.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 stocks with bids higher than their last selling prices and 7 with offers that were lower.
Gains| Praetorian Property Mutual Fund contributed 465,450 shares valued at $1,172,780 to end at $2.51 after rising by 1 cent and Sagicor Financial traded 14,300 units to gain 8 cents and ended at $7.25.
Losses| Republic Financial Holdings declined by 5 cents to close at a 52 weeks’ low of $107.19 with just 30 shares changing hands and Scotiabank lost 2 cents to close at $53.82 with 442 shares traded.
Firm Trades| Clico Investments ended with 8,820 shares changing hands to end at $22.66, Guardian Holdings closed trading at $12.80, with 5,555 shares changing hands, TTSE 28-06-16JMMB Group traded 202,344 shares at 60 cents, Massy Holdings closed at $55.25 with 11,920 shares changing hands valued at $658,580. National Commercial Bank traded 18,514 shares to close at $2.60, National Flour Mills had 1,915 shares changing hands at $2.30, One Caribbean Media traded 30 shares to end at $21.24. Trinidad and Tobago NGL closed at $22.25 with 1,000 units changing hands, Trinidad Cement had 1,000 shares changing hands ended at $3.42 and West Indian Tobacco closed trading with 34 shares at $126.28.

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Juniors dented – Tuesday

June 28, 2016 by

The junior market closed trading on Tuesday with the market index dropping sharply by 38.02 points to 2,167.59. Only 11 active securities with the volume at 829,809 shares valued at $2,684,479 changed hands. JM sum 28-6-16At the close, 3 stocks advanced and 5 declined while one closed at a new low.
At the end of trading 9 stocks closed with the bids higher than their last selling prices and 2 ended with lower offers.
At the end of trading, Blue Power Group traded 900 shares and rose 15 cents to end at $13.70, CAC 2000 had 500 shares trading firm at $6.95, Caribbean Cream gained 10 cents with 44,500 shares changing hands to close at $5.10, Caribbean Producers traded JM Trdng Sht-28-6-164,000 units to end at $4.06 with a gain of 6 cents. C2W Music had 268,277 shares changing hands, but fell 6 cents to close at an all-time low of 28 cents, Honey Bun lost 40 cents to close at $5.20 with 4,412 units changing hands, Key Insurance closed at $2.50 with 3,600 units changing hands. Lasco Distributors dropped 60 cents in trading 184,611 units to end at $7, Lasco Financial closed with a fall of 1 cents at $3.49, with 800 shares changing hands, Lasco Manufacturing closed at $5 with 17,607 shares trading and Medical Disposables traded 300,602 shares to close with a loss of 25 cents at $3.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , ,

JSE down in early trading

June 28, 2016 by

Trading, early Tuesday morning on the Jamaica Stock Exchange continues the slow pace evident for early summer month with moderate volumes with few stocks trading over 100,000 shares. After 75 minutes of trading in the early morning session, on Tuesday, the main market indices gave up ground while the junior market gained moderately.
ICI intra JSE 28-06-16Only three stocks trade over 100,000 units, with 1834 Investments trading 110,958 shares at $1.02, Proven Investments 262,000 ordinary shares at 17.98 US cents, Sagicor Real Estate X Fund traded 126,843 but fell 3 cents to $10.12.
Grace Kennedy jumped $1.40 to $124.50, Montego Bay Ice jumped $2.60 to $17.50 and Scotia Investments climbed $1.70 to $27.70.
Trading resulted in activity in 23 securities, accounting for a volume of 652,351 shares compared to as 7 stocks gained and 6 declined. The average number of shares traded amounts to 28,363 units compared to an average of 83,135 units on Monday.
The all Jamaica Composite Index fell 105.04 points to 177,444.31, the Jamaica Stock Exchange Market Index dipped 93.92 points to 159,708.57 the Jamaica Stock Exchange combined index fell 63.58 to close at 170,778.93 points andthe junior market index rose 2.28 points to 2,207.89.

Filed Under: JSE Combined, Stock Market Tagged With: , , , , , , , ,

JSE majors ends week with a fall – Monday

June 27, 2016 by

Carreras climbed $3 to close at $66.50 on Monday.

Carreras climbed $3 to close at $66.50 on Monday.

The Jamaica stock market gained ground at the start of the week, with 34 securities trading and the prices of 15 stocks market rising in the overall, 12 declined, including 3 stocks rising and 2 declining, from the junior market. Stocks traded, amount to 13,851,069 units valued at $206,439,477, in all market segments with the junior market accounting for to 3,510,504 shares valued at $ 14,348,452 of all trades.
The JSE Market Index rose 344.86 points to end at 159,802.49. The all Jamaica Composite Index advanced 385.69 points to close at 177,549.35 and the JSE combined index gained 216.35 points, to end at 170,859.61.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 10 stocks with bids higher than their last selling prices and 4 with lower offers. JSE sum 27-6-16At the end of market activities, Barita Investments gained 3 cents to close with 4,545,322 shares changing hands at $3.08, Berger Paints gained 15 cents to end at $4.50 while 21,726 units were traded, Cable & Wireless rose 9 cents with 39,140 units traded to close at $1.29, Caribbean Cement jumped $1.39 to close at $23 after trading 5,000 units. Carreras surged $3 to $66.50 with 44,656 shares traded, 1834 Investments traded 60,000 shares but lost 2 cents to close at $1, Grace Kennedy lost $1.87 to close at $123.10 with 440,788 units changing hands. Jamaica Broilers ended with a rise of 27 cents with 168,743 units changing hands to close at $14.50, Jamaica Producers traded 13,353 shares changing hands to close at $49, JMMB Group traded 4,503 units but lost 8 cents to close at $9.72. Kingston Wharves traded 7, 463 units and gained 20 cents to close at a 52 weeks’ closing high of $13.50, National Commercial Bank ended with 45,681 units changing hands at $42.01, up 1 cent, JSE mm fn qts 27-6-16 Pan Jamaican Investment Trust rose 45 cents and closed with 3,600 shares trading at $26. Pulse Investments fell 44 cents to close with 3,000 shares changing hands at $2.55,Radio Jamaica lost 17 cents in trading 20,000 shares to close at $1.68, Sagicor Group ended with 4,796,270 shares changing hands at $23. Sagicor Real Estate Fund traded 29,763 shares to close with a rise of 3 cents at $10.15, Scotia Group had 13,762 shares changing hands but rose 19 cents to close at $30.80, Scotia Investments ended with 31,800 shares trading and falling 45 cents, to close at $26. Supreme Ventures ended trading with 15,500 units at $4.49 with a gain of 9 cents and JMMB Group 6% US dollar preference share traded 18,580 units at US$1.05, after falling 10 cents.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , ,

Juniors close down on Monday

June 27, 2016 by

JM sum 27-6-16The junior market closed trading on Monday with only 9 active securities as the volume climbed to 3,510,504 shares valued at $14,348,452 changing hands as the market saw a number of relatively large trades taking place. At the close the junior market index fell by 10.02 points to 2,205.61. Only 3 stocks advanced and 2 declined.
At the end of trading 5 stocks closed with the bids higher than their last selling prices and 3 ended with lower offers.
At the end of trading, Consolidated Bakeries traded 623,874 units to end at $1.85, Derrimon Trading closed with 100,000 shares changing hands at $3.20 after declining by 10 cents, General Accident traded at $2.06, with 85,500 shares changing hands, Honey Bun lost 20 cents to close at $5.60 with 1,011,707 units changing hands.JM Trdng Sht-27-6-16 A total of 987,000 of the Honey Bun shares traded between $5 and $5.20. Iron Rock Insurance closed at $3.26 with 187,915 units changing hands for a gain of 6 cents, at the close the bid is at $3.20 to buy 4.67 million units. Jamaican Teas ended with 96,271 shares but lost 40 cents to close at $3.40, Knutsford Express closed trading with 1,033 shares, to end at $17.50, Lasco Distributors traded 27,017 units to end with a gain of 10 cents, at $7.60. Lasco Financial closed with a fall of 11 cents at $3.50, with 385,735 shares changing hands and Lasco Manufacturing lost 1 cent to close at $5 with 1,083,723 shares trading.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , ,

Firstcaribbean jumps 43c on TTSE – Monday

June 27, 2016 by

First Caribbean traded at a 52 weeks' high on Monday

First Caribbean traded at a 52 weeks’ high on Monday

Firstcaribbean Bank stock price jumped in trading on the Trinidad and Tobago Stock Exchange, on Monday with the largest movement, to close at a 52 weeks’ high. Trading in the overall market accounted for 435,447 shares valued at $8,153,653 changing hands. At the close, 11 securities traded with 2 gaining, 4 declining, while 5 remained unchanged.
The Composite Index advanced by 6.92 points or to close at 1,135.91, the All T&T Index rose fell 0.17 points to close at 1,788.96 and the Cross Listed Index advanced by 1.91 points to 64.27.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 stocks with bids higher than their last selling prices and 6 with offers that were lower.
Gains| Firstcaribbean International Bank traded 9,390 shares and gained 43 cents to end at a 52 weeks’ high of $7 and Sagicor Financial traded 35,743 units to gain 3 cents and ended at $7.14.
TTSE 27-06-16 Losses| One Caribbean Media traded 1,500 shares and fell 5 cents to end at $21.44, Prestige Holdings with 20,474 units changing hands ended at $10.90 to record a loss of 5 cents, Scotiabank lost 1 cent to close at $53.84 with 328 shares traded and West Indian Tobacco shed 1 cent in trading 26 shares at $126.28.
Firm Trades| Clico Investments ended with 314,708 shares changing hands valued at $7,131,283 to end at $22.66, Guardian Holdings closed trading at $12.80, with 9,333 shares changing hands, Massy Holdings closed at $55.25 with 3,250 shares changing hands. National Commercial Bank traded 39,690 shares, to close at $2.60 and Trinidad and Tobago NGL closed at $22.25 with 1,000 units changing hands.

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