The Jamaica Stock Exchange all Jamaica composite Index and the JSE index surged to close at record levels, erasing the record of 183,366.39 reached in February 4, for the former, this year and beating the previous high of 165,011.89 on the same day, for the JSE Market Index. The JSE Combined index also hit a new closing record, bettering the level of 177,090.44 it closed at last week Friday.
Trading ended with the prices of 14 securities gaining out of a total of 35 trading, while 7 declined in the overall market, including 6 stocks rising and 4 falling, in the junior market.
At the close 1,458,426 units valued at just $21,510,810, changed hands, compared to 43,448,695 units valued at $912,734,040 changing hands on Friday. The junior market accounted for 397,764 units valued at $1,373,477 of the stocks traded.
At the close, the JSE Market Index jumped 2,582.50 points to end at 167,064.75. The all Jamaica Composite Index surged 2,888.12 points to close at 185,671.09 and the JSE combined index climbed 2,286.40 points, to end at 179,376.84 for a new record high.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 16 stocks with bids higher than their last selling prices and 2 with lower offers.
In market activity, Barita Investments traded 30,000 shares to close at $4.20, Carreras gained 15 cents with 4,783 shares changing hands at $66, trading in 1834 Investments ended with 9,600 shares changing hands and gained of 2 cents to close at $1.24, Grace Kennedy closed with 116,206 shares changing hands at $42.50. Jamaica Producers traded 9,200 shares and ended with a loss of 30 cents at $8.10, Jamaica Stock Exchange ended with a gain of 40 cents at $27.40 with 1,108 units trading, JMMB Group traded 180,232 units to close at $13 after trading earlier at $13.95, Kingston Wharves lost 10 cents in trading 561,770 shares to close at $17.50. National Commercial Bank traded just 9,986 shares and gained 60 cents to end at $42.10. Pan Jamaican Investments added 45 cents and closed at $23.95 after trading 4,462 shares. Sagicor Group traded 3,700 shares to close at $23.81, Scotia Group closed at $31.50 with 34,840 shares changing hands, but closed with an offer at $30.50 to sell 74,380 units and JMMB Group 7.50% preference share traded 63,000 units at $1.10.
5 TTSE stocks rise 2 fell – Tuesday
The market closed with modest movements in the indices and ended with 5 stocks gaining, 2 declining and 6 remaining unchanged as 13 securities traded.
The Composite Index climbed 7.73 points to close at 1,163.74, the All T&T Index rose 1.19 points to close at 1,816.04 and the Cross Listed Index gained 1.95 to 68.15 points as JMMB Group and Firstcaribbean International Bank recorded gains.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 9 stocks with bids higher than their last selling prices and 2 with offers that were lower.
Gains| Angostura Holdings ended with 40,000 shares changing hands to close at a 52 weeks’ high of $14.55 after rising 5 cents, Firstcaribbean International Bank ended trading 2,000 shares and closed with a rise of 39 cents at a 52 weeks’ high of $7.34. JMMB Group gained 5 cents to end with 183,910 shares changing hands to close at a 52 weeks’ high of 70 cents, National Flour ended with 11,450 shares changing hands to close 2 cents higher at $2.58 and Trinidad Cement had 2,546 shares changing hands and rose 15 cents to close at $3.25
Losses| First Citizens Bank traded just 10 shares and lost 1 cent to end at $34.98 and One Caribbean Media traded 10,000 shares and fell 14 cents to end at a 52 weeks’ low of $20.55.
Firm Trades| Agostini’s traded just 111 shares to end at $17.30, Asna McAl traded 200 shares to end at $62.70, Clico Investment Fund closed with 9,800 shares changing hands to end at $22.60, Republic Financial Holdings traded 9,280 units to end at $109.99. Trinidad and Tobago NGL closed at $23.65 with 19,104 units valued at $451,898 changing hands, Unilever traded just 10 shares at $60 and West Indian Tobacco traded 45,921 shares carrying a value of $5,835,163 to close at $127.07.
4 TTSE stocks fall 3 rose Monday
Trading activity remained extremely low on the Trinidad and Tobago stock market on Monday compared with the levels of trading on Friday. Only 45,867 shares valued at $599,742 changed hands, compared to 122,386 shares valued at $1,499,056 on Friday.
The market closed with modest movements in the indices and ended with 3 stocks gaining, 4 declining and 6 remaining unchanged as 13 securities traded.
The Composite Index declined 0.82 points to close at 1,156.01, the All T&T Index fell 2.28 points to close at 1,814.85 and the Cross Listed Index inched up 0.09 to 66.20 points.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 9 stocks with bids higher than their last selling prices and 2 with offers that were lower.
Gains| JMMB Group gained 1 cent to end with 17,208 shares changing hands to close at 65 cents, National Flour ended with 533 shares changing hands to close 1 cents higher at $2.56 and Scotia Investments had 4,639 shares changing hands and rose 5 cents to close at $1.80
Losses| First Citizens Bank traded 500 shares and lost 1 cent to end at $34.99, Guardian Holdings ended with a loss of 1 cent while trading 500 shares to close at $12.74, Massy Holdings lost $1 cent in trading 17 units to end at $53 and Trinidad and Tobago NGL declined by 1 cent and closed at $23.65 with 20,768 units changing hands.
Firm Trades| Agostini’s traded just 12 shares to end at $17.30, Asna McAl traded 200 shares to end at $62.70, Clico Investment Fund closed with 875 shares changing hands to end at $22.60, Prestige Holdings with 150 units changing hands ended at $11. Scotiabank closed with 440 shares being traded at $57.99 and West Indian Tobacco traded 25 shares to close at $127.05.
4 TTSE stocks fall 2 rose Friday
Trading activity remained low on the Trinidad and Tobago stock market on Friday compared with the levels of trading on Thursday. Only 122,386 shares valued at $1,499,056 changed hands, compared to 89,457 shares valued at $1,653,454 on Thursday.
The market closed with modest movements in the indices and ended with 2 stocks gaining, 4 declining and 3 remaining unchanged as 9 securities traded.
The Composite Index declined 0.22 points to close at 1,156.83, the All T&T Index fell 1.42 points to close at 1,817.13 and the Cross Listed Index inched up 0.13 to 66.11 points.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 7 stocks with bids higher than their last selling prices and 3 with offers that were lower.
Gains| JMMB Group rose 3 cents to end with 97,370 shares changing hands to close at 64 cents and Trinidad and Tobago NGL rose 1 cent and closed at $23.66 with 3,851 units changing hands.
Losses| Guardian Holdings ended with a loss of 5 cents while trading 2,000 shares to close at $12.75, Massy Holdings lost 68 cents in trading 210 units to end at $54. LJ Williams B share lost 1 cent in trading 1,200 units to end at a 52 weeks’ low of 71 cents and Scotiabank closed with 500 shares at $57.99 after falling by a cent.
Firm Trades| Clico Investment Fund closed with 4,120 shares changing hands to end at $22.60, First Citizens Bank traded 5,247 shares to end at $35 and West Indian Tobacco traded 7,888 shares to close at $127.05.