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Breaking News

All Jamaica breaks 210,000

The Jamaica all Jamaica composite index breaks the 210,000 mark during the morning session of trading on the final trading day of 2016. The all important index that measures the movement of all Jamaican … [Read More...]

Juniors break 2,600 & majors 209,000 – Friday

The Jamaica Stock Exchange all Jamaica Composite Index jumped more than 2,800 points in early trading on Friday to sit less than 800 points from the 210,000 points level while the junior market rose above … [Read More...]

Investors push Derrimon stocks up sharply – Friday

The Jamaica Stock Exchange, is seeing sparse trading, ahead of the Christmas holidays Thursday’s well below levels, leading to falls in the market indices in the morning session on Friday. Investors … [Read More...]

JPS December bill confusion

Customers of the Jamaica Public Service Company should be enjoying a reduction to their bill for December due to over-billing of fuel charge in the month. The problem is that while the company shows an … [Read More...]

Company News

Juniors inch forward on Friday

The junior market enjoyed a big day of trading on Friday, ending with 22,999,535 units changing hands valued at $127,583,667, compared to 4,583,153 units, changing hands, with a rise of 895 percent from … [Read More...]

Berger’s stellar performance

Berger Paints released results to December, showing profit of $251 million and $1.17 per share for the nine months period, versus $110 million for 2015. Revenues climbed 17.8 percent in the December … [Read More...]

Main Event priced to bounce

The Main Event Entertainment Group Initial Public offer of shares seem set to deliver a strong increase in share price once the stock list on the junior market probably in February. There are a number of … [Read More...]

IS PE of 40 rational for junior stocks?

Rabid speculation, seems to have hit the Jamaican stock market, with investors appearing to be just following the leader rather than making rational investment decisions. Well that is how it appears with … [Read More...]

Feature Stories

TCL at $5.50 as investors spurn Cemex

Trinidad Cement share price hit a new high of $5.50 by rising 40 cents to a 52 weeks’ closing high of $5.50 with 88,796 transactions valued at $483,135 on the Trinidad & Tobago Stock Exchange on Friday. At the close there was a bid to buy 1,924,850 units at $5.50, with only 122,886 units on offer at $5.60. The closing prices are the clearest message that … [Read More...]

Jamaica’s 2017 inflation to beat 2016 – 1.7%?

Inflation in Jamaica for 2016, fell to the lowest level in decades, with the Consumer Price Index showing inflation rate at just 1.72 percent for the year. The findings were released by Statistical Institute of Jamaica. The inflation rate for 2017 could be even lower than that of 2016, if the historical patterns repeat. The 2106 out turn compares with 3.7 … [Read More...]

Jamaican stocks close at new high on Monday

The main market of the Jamaica Stock Exchange, made major gains to close out Monday with advancing stocks beating out declining ones 3 to 2 as the combined index ended at a record close. At the close the All Jamaica Composite Index jumped 2,649.71 points to close at 213,639.56 and is just 9 points adrift from the all-time high reached on January 6. The … [Read More...]

8 unbroken days of record close for juniors

The junior market closed on Monday, with eight continues days of gains and 7 days of recording closing highs. At the end with market index gaining just 1.69 points to 2,761.46 with 1 security ending trading at an all-time closing high. The market trades around a resistance level currently and may need a big push to move it into safe territory. At the … [Read More...]

Paramount exits TOP 5 overvalued stocks

Paramount Trading is out of the TOP 5 junior stocks to avoid, even as it just reported reduced profits for both the first and second quarters of 2017 fiscal year. Second quarter earnings slipped from $47 million to $37 million and for the year to date, it fell from $89 million to $52 million. Iron Rock Insurance entered the junior list as operating … [Read More...]

Is C&W buy out back in vogue?

Interest in buying shares of Cable & Wireless at the end of 2016 was lukewarm at best, with sellers out numbering buyers 2 to 1, after 7.6 million units were sold as low as 72 cents on the last day of 2016. On January 11, more than 51 million shares traded between 87 cents and 92 cents, including a 40 million cross by Mayberry Investments. On Friday last, … [Read More...]

7 continuous days record close for juniors

The junior market closed out the week on Friday, with eight continues days of gains and 7 days of recording closing highs. At the end with market index gaining just 6.29 points to 2,759.47 with 4 securities ending at closing all-time highs. The market trades around a resistance level currently and may need a big push to move it into safe territory. At … [Read More...]

Cemex offer rejected by market so far

Trinidad Cement stock closed at $5.10 on the Trinidad market, with 85,800 units changing hands valued at $436,690. The price shot past the Cemex revised offer price of $5.07 by adding 5 cents in trading on Thursday in closing at a 52 weeks' high. Importantly the stock has a bid of $5.10 to buy 39,475 shares and closed without an offer being posted a sure … [Read More...]

Juniors climb to new record close

The junior market closed on Thursday, at yet another record to end with market index gaining 30.02 points to 2,753.18 with 3 securities ending closing all-time highs. At the close of trading on Thursday the prices of 9 stocks rose, 4 declined with 16 securities trading, compared to 15 trading on Wednesday. Volume of stocks traded fell 76 percent, from … [Read More...]

Juniors squeeze out another record close

The junior market closed with a modest rise Wednesday, to yet another record close to end with market index gaining just 7.90 points to 2,723.16 on Wednesday as 5 securities ended closing all-time highs. At the close of trading on Wednesday the prices of 10 stocks rose, 6 declined with 15 securities trading, compared to 20 trading on Tuesday. Volume of … [Read More...]

Trinidad Cement investors saying no deal

Trinidad Cement share price soared on the Trinidad market on Tuesday following an announcement by Sierra Trading that the offer to acquire majority shares is increased to TT$5.07 from TT$4.50. The stock advanced 38 cents to close at a 52 weeks’ high of $5.05 with 6,000 shares changing hands. The market seems to be sending a message about the offered price … [Read More...]

4 new highs push juniors to record close

The junior market closed higher than on Monday, but gave up most of its early morning gains that pushed the index up by 33.74 points to 2,739.37. The market index closed with an increase of 9.63 points, to end at a record close of 2,715.26 on Tuesday as 5 securities ended closing all-time highs. At the close of trading on Tuesday the prices of 10 stocks … [Read More...]