Record close for JSE stocks – Wednesday

All Jamaica Index looking to 275,000 before being challenged by upward sloping resistance line.

The main market of the Jamaica Stock Exchange ended trading with a record close after the All Jamaica composite Index surged more than 3,200 points and the JSE Market Index ended just under 3,000 points higher.
The main market hit new high early in the morning session and kept on moving higher as trading progressed and hit 260,625.67 points at 11.30 after adding 3,317.30 points, the JSE Market Index rose 3,022 .44 to 237,459.51 while the combined Index jumped 2,631.98 points to 253,640.67, before settling slightly lower by the close.
The market closed on Wednesday with 22 securities changing hands with 1 trading in the US dollar market. At the close, 12 stocks advanced and 3 declined.
Trading levels in the main market ended at 6,346,217 units valued at $82,133,615 compared to 5,201,072 units valued at $124,919,823 at the close on Tuesday. Trading in the US dollar market accounted for 73,139 units valued at US$21,210.
The All Jamaica Composite Index advanced 3,252.77 points to close at 260,561.14 the JSE Market Index gained 2,963.64 points to finish at 237,400.71 and the JSE US dollar market index lost 6.38 points to close at 212.61.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 8 stocks with bids higher than their last selling prices and 4 with lower offers.
The main market ended trading with an average of 288,464 units valued at an average of $3,733,346 compared to an average of 192,632 units and $4,626,660 on Tuesday. The average volume for the month to date ended at 201,622 units with an average value of $3,939,782 versus 204,192 units and $4,136,602 on the prior trading. The average volume and value for April ended at 382,748 units and $5,254,387.
In market activity, Berger Paints traded of 11,291 shares gained 19 cents, in at closing at $16.71 after trading at an intraday high of $20, Cable and Wireless closed at $1.40, gaining 6 cents with 2,064,744 shares changing hands, Caribbean Cement traded $4 higher to close at $32 exchanging 16,000 units. Carreras gained $1 and closed at $77, in trading 7,251 shares, Grace Kennedy closed at $41.86, with gains of 36 cents while exchanging 778,096 units, Jamaica Broilers closed at $17.75, with 10,812 units changing hands, Jamaica Producers closed 20 cents higher to $17.20, with 63,388 shares changing ownership, Jamaica Stock Exchange closed at $7.50, but lost 50 cents trading 4,000 shares. JMMB Group closed at $21.36, after losing 29 cents with trades of 14,937 units, Kingston Properties exchanged 243 shares at $16.60, Mayberry Investments closed at $5.30 with an exchange of 181,092 shares, NCB Financial Group gained 1 cent to close at $72, after exchanging 46,216 shares, 1834 Investments closed at $1.55, with gains of 20 cents trading a mere 100 shares, PanJam Investment closed 75 cents higher to $35 exchanging 38,166 shares. Radio Jamaica closed at $1.67 trading 200 shares, Sagicor Group closed at $33.90, gaining 40 cents with trades of 547,328 shares, Sagicor Real Estate fund gained 65 cents to close at $11 exchanging 79,281 units, Salada traded 122,816 shares at $8, Scotia Group lost 2 cents to close at $43.48, with 16,571 units changing hands, Scotia Investments closed at $37.50, with trades of 60,000 shares, Supreme Ventures gained 1 cent to close at $6.39 exchanging 2,283,585 shares at $6.39, Proven Investments lost 0.01 US cents, closing at 29 US cents trading 73,139 ordinary shares and JMMB Group 7.5% preference share closed at $1.10, gaining 5 cents with 100 units changing hands.

Only 2 Trinidad stocks slip on Wednesday

Massy was one of the stocks with a dominant trade on Wednesday.

Market activity on the Trinidad & Tobago Stock Exchange on Wednesday resulted in 15 securities changing hands compared to 12 on Tuesday with Clico Investment and Massy Holdings controlling 70 percent of the trades.
At the close, 4 stocks advanced, 2 declined and 9 were unchanged as 435,216 shares traded at a value of $8,658,513 compared to Tuesday’s 325,975 shares valued at just $1,016,707.
The Composite Index slipped 0.60 points to 1,222.14, the All T&T Index declined 0.76 points to 1,799.53 and the Cross Listed Index eased 0.06 points to close at 86.46.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 5 with lower offers.
Gains| Guardian Holdings gained 1 cent to close at $15.60 with an exchange of 10,887 shares, National Enterprises gained 4 cents, closing at $10.55, with 3,807 shares changing hands, Sagicor Financial closed at $9.04, with gains of 2 cents trading 14,880 shares and Praetorian Property Mutual Fund closed at a 52 weeks’ high of $3.03, gaining 3 cents exchanging 6,233 units.
Losses| First Citizens closed at $31.90, losing 10 cents with trades of 10,240 shares valued at $326,663 and Trinidad & Tobago NGL traded 24 cents lower to close at $22.25 exchanging 26,500 shares valued at $590,937.
Firm Trades| Ansa McAL traded 10,135 shares at $66.50 valued at $673,978, Clico Investment remained at $22.51 trading 186,843 shares valued at $4,205,891,Massy Holdings exchanged 36,090 shares valued at $1,858,274 at $51.49. National Flour Mills closed at $2.48, with an exchange of 795 units, NCB Financial Group closed trading at $4, with 105,653 shares changing hands, valued at $421,612, Prestige Holdings traded 11,401 shares at $11. Readymix closed at $11, with trades of 690 shares, Republic Financial Holdings exchanged 187 shares at $101.91 and Trinidad Cement closed at $4.20 exchanging 8,175 shares trading.

JSE trading in record territory

Berger Paints ended at a 52 weeks’ high of $20 on Wednesday


The main market of the Jamaica Stock Exchange is trading at record levels in the morning session on Wednesday.
The All Jamaica Index crossed over the 260,000 points mark, to hit 260,625.67 points at 11.30 am after adding 3,317.30 points. The Main Market  Index is up 3,022.44 to 237,459.51 while the Combined Index  jumped 2,631.98 points to 253,640.67. The US Equities Index slipped 6.38 to 212.61 and the Junior Market Index lost 15.43 to trade at 3,252.90.
Stocks with noticeable moves, are Berger Paints that traded at a all-time high of $20, Caribbean Cement traded at $32,a big recovery from yesterday’s low. The rise comes against the back ground of some shareholders slated to meet with management later today, in an attempt to clarify a number of issues relating to the company’s finances. NCBFinancial Group traded at $71.99 and Salada Foods jumped from $6.50 to $8 after the company released results for the half year, showing strong rise in profit.
In the Junior Market, Caribbean Producers rose to $4.50 in response to improved nine months’ results while Jamaican Teas rose to a new high of $5.10, in trading 134,800 shares and Main Event jumped to a new high of $8.

6 stocks fall on TTSE 3 rise

Add your HTML code here...

Trading on the Trinidad & Tobago Stock Exchange on Tuesday resulted in 12 securities changing hands, the same as on Monday.
The market closed with 3 stocks advancing, 6 declining and 3 unchanged as 325,975 shares traded at a value of $1,016,707 compared to Monday’s 101,230 shares valued at $1,806,077.
The Composite Index added 0.33 points to 1,222.74, the All T&T Index lost 0.16 points to 1,800.29 and the Cross Listed Index gained 0.11 points to close at 86.52.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 4 stocks with bids higher than last selling prices and 3 with lower offers.
Gains| Clico Investment closed at $22.51, with a 1 cent gain trading 2,880 shares, JMMB Group gained 4 cents to close at $1.25, with 254,917 shares changing hands valued at $318,426 and Point Lisas closed at a 52 weeks’ high of $3.87, with gains of 11 cents with 300 shares trading.
Losses| Guardian Holdings lost 1 cent to close at $15.59, with trades of 4,066 shares, NCB Financial Group was down 1 cent, closing at $4 with an exchange of 20,052 shares, One Caribbean Media closed 4 cents lower to $16.80 trading 180 shares. Prestige Holdings closed at $11, losing 1 cent with an exchange of 536 shares, Republic Financial Holdings closed at $101.91, after falling 9 cents with an exchange of 1,600 shares and Trinidad & Tobago NGL closed at $22.49, with a loss of 1 cent in exchanging 207 shares.
Firm Trades| Massy Holdings held firm at $51.49 trading 4,075 shares, Scotia Investments traded 37,152 shares at $2.75 and Trinidad Cement closed at $4.20 with of 10 shares.

JSE majors slipped slightly on Monday

Trading in the main market of the Jamaica Stock Exchange closed on Monday with 26 securities changing hands with 1 trading in the US dollar market. At the close, 10 stocks advanced and 8 declined with the main market ending in 2,884,030 units valued at $64,356,186 trading compared to 4,838,789 units valued at $105,278,278 at the close on Wednesday.
Trading in the US dollar market accounted for only 1,502 units valued at US$450. The All Jamaica Composite Index declined 144.74 points to close at 257,591.70, the JSE Market Index fell 131.87 points to finish at 234,695.22 and the JSE US dollar market index closed unchanged at 218.99 points.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 9 stocks with bids higher than their last selling prices and 1 with a lower offer.
The main market ended trading with an average of 110,924 units valued at $2,475,238 per security traded, compared to an average of 256,060 units valued at $2,718,995 on Friday.  The average volume for the month to date ended at 188,647 units with an average value of $3,859,708 versus 204,192 units with an average value of $4,136,602 on the prior trading day. The average volume and value for April ended at 382,748 units with an average value of $5,254,387.
In market activity, Berger Paints lost 5 cents to close at $16.85, in trading of 17,380 shares, Cable and Wireless closed at $1.34, with 353,181 shares changing hands, Caribbean Cement traded $1 higher to close at $29 with an exchange of 13,220 units, Carreras closed at $77 exchanging 57,323 shares, Grace Kennedy closed at $42.50, after gaining 25 cents and trading 800,378 units. Jamaica Broilers closed at $17.50, with gains of 50 cents trading 64,249 shares, Jamaica Producers closed $1 lower to $17.60 exchanging 223,675 shares and Jamaica Stock Exchange closed at $7.75, with a loss of 25 cents, trading 12,138 shares, JMMB Group closed at $21.25, losing 25 cents with trades of 11,790 units, Kingston Wharves traded 90 cents lower to close at $30, with 11,511 shares changing hands. Mayberry Investments gained 5 cents to close at $4.55 with an exchange of 78,234 shares, NCB Financial Group closed at $71, after exchanging 143,410 shares, 1834 Investments gained 6 cents to close at $1.50, trading 4,300 shares, 138 Student Living traded 100 units at $4.50, PanJam Investment closed 19 cents higher to $35.20, in exchanging 7,317 shares, Portland JSX Fund closed at $10.60 trading 800 units. Pulse Investments closed trading at $9.10 in gaining $1.05 with 113,536 shares swapping owners, Radio Jamaica gained 2 cents and closed at $1.67, with 43,300 shares, Sagicor Group closed at $33.50, to record a gain of 45 cents in trading 29,153 shares, Sagicor Real Estate Fund gained 5 cents to close at $10.35 while exchanging 8,200 units, coffee processors, Salada Foods traded 2,700 units at $8, Scotia Group closed 50 cents lower at $43, with 29,579 units changing hands, Seprod shed $3.50 to close at $36, trading 15,860 shares Sterling Investments lost 1 cent to close at $17 with an exchange of 500 units, Supreme Ventures closed at $6.38, with trades of 678,489 shares and Proven Investments exchanged 1,502 ordinary shares at 30 US cents.

2 stocks rise 3 fall on TTSE – Monday

Price movements at the close of trading on the Trinidad & Tobago Stock Exchange on Monday remained moderate, as 12 securities changed hands, compared to 16 on Friday. The results was for small changes in the market indices.
The market closed with 2 stocks advancing, 3 declining and 7 unchanged as 101,230 shares traded at a value of $1,806,077 in contrast to Friday’s 871,460 shares valued at $6,273,683.
The Composite Index added 0.15 points to 1,222.41, the All T&T Index lost 0.27 points to 1,800.45 and the Cross Listed Index gained 0.08 points to close at 86.41.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended with 6 stocks with bids higher than last selling prices and 3 with lower offers.
Gains| NCB Financial Group closed at a 52 weeks’ high of $4.01, with a 1 cent gain, while exchanging 10,000 shares and Scotiabank gained 6 cents to close at $58.06 trading 550 shares.
Losses| Grace Kennedy closed at $2.77, after falling 8 cents with an exchange of 5,550 shares, Sagicor Financial lost 8 cents to close at $9.02 exchanging 1,000 shares and West Indian Tobacco closed 10 cents lower to $126.40 with trades of 1,113 shares.
Firm Trades| Clico Investment traded 7,580 units at $22.50, First Citizens exchanged 186 units at $32, Guardian Holdings closed at $15.60 trading 23,481 units valued at $366,304 and Massy Holdings was unchanged at $51.49, with 291 shares changing hands. Republic Financial Holdings closed at $101.91 trading 6,024 units valued at $613,996, Trinidad Cement closed at $4.20 with trades of 34,212 shares and Trinidad & Tobago NGL exchanged 11,243 shares at $22.50.

10 stocks split by gains & losses

Market activity on the Trinidad & Tobago Stock Exchange on Friday resulted in 16 securities changing hands compared to 19 on Thursday with trading levels rising above the prior day .
At the close, 6 stocks advanced, 5 declined and 5 were unchanged as 871,460 shares traded at a value of $6,273,683 compared to Thursday’s 603,478 shares valued at $3,215,253.
The Composite Index added 0.53 points to 1,222.26, the All T&T Index rose 0.16 points to 1,800.72 and the Cross Listed Index gained 0.12 points to close at 86.33.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 6 stocks with bids higher than last selling prices and 3 with lower offers.
Gains| First Citizens closed at $32, with a 1 cent gain trading 1,971 shares, Guardian Holdings closed 9 cents higher to $15.60 in exchanging 12,555 shares, JMMB Group gained 1 cent, closing at $1.21 with an exchange of 233,679 shares. Massy Holdings closed at $51.49, gaining 4 cents in trading 2,003 shares, National Enterprises closed at $10.51 with a 1 cent gain while swapping 193 shares and Sagicor Financial traded 10 cents higher to close at $9.10, with trades of 12,522 shares.
Losses| Clico Investment lost 2 cents to close at $22.50 trading 34,831 shares valued at $753,698, National Flour closed 2 cents lower to $2.48 exchanging 366 shares, One Caribbean Media closed at $16.84, losing 1 cent while trading 40,000 shares valued at $673,600 Republic Financial Holdings traded 9 cents lower to close at $101.91, trading 1,588 units and Scotiabank closed at $58, losing 16 cents with an exchange of 20,000 units valued at $1,161,146.
Firm Trades| L.J. Williams B share traded 100 units at 85 cents, NCB Financial Group exchanged 468,496 units at $4 valued at $1,873,884, Trinidad Cement held firm at $4.20 exchanging 7,033 units, Trinidad & Tobago NGL was unchanged at $22.50, with an exchange of 35,968 shares valued at $809,280 and West Indian Tobacco closed at $126.50 trading 155 units.

4 up 4 down on Thursday

Trading picked up all round on the Trinidad & Tobago Stock Exchange on Thursday and resulted in a relatively large 19 securities changing hands compared to 11 on Wednesday. The market closed with 4 stocks advancing, 4 declining and 11 holding firm as 603,478 shares traded at a value of $3,215,253 compared to Wednesday’s 496,027 shares valued at $2,056,193.
The Composite Index added 0.90 points to 1,221.73, the All T&T Index lost 0.52 points to 1,800.56 and the Cross Listed Index gained 0.32 points to close at 86.21.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 7 stocks with bids higher than last selling prices and 2 with lower offers.
Gains| NCB Financial Group gained 10 cents to close at $4 with an exchange of 32,500 shares, Republic Financial Holdings closed at $102, with a gain of 1 cent with 962 shares changing hands, Scotiabank advanced 10 cents to close at $58.16 with 2,482 units changing hands and Scotia Investments gained 5 cents and closed at $2.75 with 56,700 shares trading.
Losses| JMMB Group lost 8 cents to close at $1.20, with 326,521 units traded at a value of $391,825, Massy Holdings closed 4 cents lower to $51.45 exchanging 3,166 shares, Unilever Caribbean traded $3.50 lower to close at $53.50 with an exchange of 13 units and West Indian Tobacco closed at $126.50 after losing 50 cents trading 1,946 shares.
Firm Trades| Ansa McAL closed at $66.50 with trades of a mere 3 units, Calypso Macro Index Fund exchanged 2,325 shares at $21.50 and Clico Investment was unchanged at $22.52, with 2,346 shares changing owners. Grace Kennedy held firm at $2.76 with trades of 40,701 shares, Guardian Holdings closed at $15.51 with an exchange of 38,421 units valued at $595,910, L.J. Williams B share traded 6,000 units at 85 cents, National Flour Mills exchanged 11,000 units at $2.50. Readymix closed at $11 trading 3,147 units, Sagicor Financial closed at $9, with 44,009 units changing hands at a value of $397,427, Trinidad Cement held firm at $4.20 exchanging 5,100 units and Trinidad & Tobago NGL was unchanged at $22.50, with an exchange of 26,136 shares valued at $588,052.

Quiet day for Trinidad stocks

The Trinidad & Tobago Stock Exchange remains in a consolidation mode with little movement in process and the indices. On Wednesday in 11 securities changed hands compared to 13 on Tuesday with Grace Kennedy as the dominant trade.
At the close, 1 stock advanced, 1 declined and 9 were unchanged as 496,027 shares were exchanged at a value of $2,056,193 compared to Tuesday’s 316,137 shares valued at $2,505,928.
The Composite Index gained 0.03 points to 1,220.83, the All T&T Index advanced 0.13 points to 1,801.08 and the Cross Listed Index slipped 0.01 points to close at 85.89.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 6 stocks with bids higher than last selling prices and 3 with lower offers.
Gains| Massy Holdings gained 4 cents to close at $51.49 exchanging 3,536 units.
Losses| Sagicor Financial lost 1 cent to close at $9, with 45,000 units traded at a value of $405,018.
Firm Trades| Clico Investment closed at $22.52 with trades of 800 units, First Citizens exchanged 700 shares at $31.99, Grace Kennedy was unchanged at $2.76, with 377,719 shares changing owners valued at $1,042,504. Guardian Holdings closed at $15.51 with an exchange of 2,575 units, JMMB Group traded at $1.28, with 23,979 units, National Enterprises exchanged 23,110 units at $10.50. NCB Financial Group closed at $3.90 trading 17,987 units, Prestige Holdings closed at $11.01, with 20 units changing hands and Trinidad Cement held firm at $4.20 exchanging 601 units.

 

Jamaican stocks only winners on TTSE

JMMB Group 1 of 2 jamaican stocks to advance on the TTSE.

A mere 316,137 shares valued at $2,505,928 traded on the Trinidad & Tobago Stock Exchange on Tuesday, versus 1,141,204 shares valued at $11,232,310 on Monday.
The market closed with 13 securities changing hands compared to 14 on Monday with 2 stocks advancing, 5 declining and 6 holding firm.
The Composite Index declined 1.22 points to 1,220.80, the All T&T Index fell 0.12 points to 1,800.95 and the Cross Listed Index lost 0.32 points to close at 85.90.
IC bid-offer Indicator|The Investor’s Choice bid-offer ended with 5 stocks with bids higher than last selling prices and 3 with lower offers.
Gains| GraceKennedy gained 6 cents to close at $2.76, with an exchange of 137,900 units valued at $380,604 and JMMB Group closed at $1.28, with gains of 3 cents while trading 21,000 shares.
Losses| First Citizens lost 1 cent to close at $31.99, with 300 units changing hands, National Flour Mills closed at $2.50, losing 2 cents trading 5,125 shares, NCB Financial Group closed 9 cents lower to $3.90, with an exchange of 60,000 shares, Readymix closed at $11, with a loss of 6 cents exchanging 1,437 units and Republic Financial Holdings lost 1 cent to close at $101.99, with 10 units traded.
Firm Trades| First Caribbean International closed at $8 with 4,088 units being exchanged, One Caribbean Media closed at $16.85, with trades of 37,113 shares valued at $625,354 and Scotiabank held firm at $58.06 trading 4,540 shares. Trinidad Cement closed at $4.20 with 6,100 units changing owners, Trinidad & Tobago NGL traded at $22.50, with an exchange of 38,417 units valued at $864,348 and West Indian Tobacco exchanged 107 units at $127.