Volumes up prices down on JSE – Thursday

SVL trades over 20 million shares on Thursday.

SVL trades over 20 million shares on Thursday.

Supreme Ventures was the leading trade on the Jamaica Stock Exchange on Thursday with 20 million shares changing hands. The main market indices gave up more ground at the close as the number of active declined from recent trading levels. The all Jamaica Composite and the JSE index dropped just under 1,000 points on Thursday.
A total of 28 securities changed hands, in all market segments with 8 stocks rising while 12 declined. Trading amounted to 31,536,849 units valued at $201,190,464 changing hands, in all markets, JSE Sum 21-04-16the junior market accounting for 8,096,759 units valued at $8,096,759.
The JSE Market Index fell 868.35 points to end at 148,138.55, the all Jamaica Composite Index dropped 971.13 points to 164,504.76 and the JSE combined index declined 57.60 points, to close at 157,461.72.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 17 stocks with bids higher than their last selling prices and 6 with lower offers.
At the end of market activities, Cable & Wireless rose by 2 cents to close at $1.30, in trading 117,468 units.JSE fn qts 21-04-16 Caribbean Cement rose 89 cents to close at $20 with 2,812 shares changing hands, Carreras ended trading with a loss of $1.01 while trading 103,826 shares, to close at $64.99, Jamaica Broilers had 9,631 units changing hands, to close with a gain of 35 cents at $14.05. JMMB Group had 2,030,315 shares changing hands with a loss of 8 cents to end at $9.52, Kingston Wharves traded 52,190 shares to close at $11.30 after falling 5 cents, Pan Jamaican Investments traded 100,000 units as the price slipped by 58 cents to $89.42. Sagicor Group fell 5 cents in ending with 1,004,310 shares changing hands to close at $22.45 and Supreme Ventures fell 10 cents with 20,005,000 shares trading to end at $5.

Juniors jump on – Thursday

Lasco Distributors dominated trading on the junior market on Thursday.

Lasco Distributors dominated trading on the junior market on Thursday.

The junior market index jumped sharply by 72.93 points to end at 1,954.36 on Thursday as a few big trades took place, pushing up the volume traded with 8,096,759 units valued at $42,556,334, changing hands. Lasco Distributors traded 5,469,528 units, to be the dominant trade of the day. The market closed with 13 active securities, 4 of which advanced and 2 declined with.
At the close of trading 7 stocks closed with bids higher than the last selling prices and just 5 ended with lower offers.
At the end of trading, AMG Packaging closed with a loss of 98 cents in trading 960 units to end at $12.02, Caribbean Cream traded 74,315 units at $4, the stock is encountering more selling than buying. Caribbean Producers traded 2,400 units to end at $4, General Accident traded 1,150,656 shares to close at $2.65, ISP Finance had 7,500 units changing hands at $2.50. JM Trdng Sht 21-4-16Iron Rock Insurance still has 5,003,000 units on the bid at $3.10, while the stock last traded at $3.50. Key Insurance closed at $2.50 after 7,500 shares changed hands, KLE Group traded 155,115 units at $1.40 for a 3 cents loss, Knutsford Express traded 9,415 shares unchanged at $19, Lasco Distributors gained 41 cents to end at $6.21 with 5,469,528 units trading, Lasco Financial gained 4 cents to close at $2.99, with 4,000 shares changing hands. Lasco Manufacturing gained 42 cents with 952,192 shares changing hands to close at $4.14, tTech ended with 9,829 shares changing hands at $4.17 as 2 cents were added and Eppley 10 percent preference share traded 34,120 units at $6.10.

Jamaican stocks drop 3,759 points – Tuesday

JSE sign 2 The Jamaica Stock Exchange main market indices on Tuesday gave up much more than they gained on Monday, with losses exceeding 2.3 percent compared to more than 1.90 percent gained on Monday. The all Jamaica Composite index dropped more than 4,291 points on Tuesday, as Sagicor Group pulled back to $23 from $24, it closed at on Monday and Scotia Group trading at $31.05 at the close, well below the average price the indices are computed on.
A total of 37 securities changed hands, in all market segments with 13 stocks rising while 15 declined while two traded at new highs. Trading amounted to 6,138,410 units valued at $ $92,070,194 changing hands, in all markets, the junior market accounting for 1,514,172 units valued at $7,024,157.
The JSE Market Index dived 3,837.64 points to end at 150,050.00, the all Jamaica JSE Sum 19-04-16rComposite Index plunged 4,291.88 points to 166,642.47 and the JSE combined index dropped 3,758.77 points, to close at 158,219.22.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 8 stocks with bids higher than their last selling prices and 4 with lower offers.
At the end of market activities, Cable & Wireless rose by 1 cent to close at $1.26, in trading 267,832 units. Caribbean Cement fell $2 to close at $21 with 55,406 shares changing hands, Carreras ended trading with 5,370 shares, to close at $66, Cidoney traded 112,440 shares but shed 8 cents to end at 15 cents, Grace Kennedy jumped $1.37 to close at $81.52 with 61,027 shares trading. Jamaica Broilers had 86,000 units changing hands, to close with a loss of 30 cents at $14.50. Jamaica Producers lost $1 and ended at $32 while trading 1,709,600 shares, JSE fn qts 19-04-16JMMB Group had 42,000 shares changing hands with a gain of 48 cents to end at $9.98, Margaritaville Turks traded 577,051 shares to close at 17.47 US cents after rising by 2.47 cents, National Commercial Bank declined 25 cents with 14,283 shares changing hands to close at $40. Radio Jamaica traded 134,542 shares to close at $1.14, Sagicor Group fell $1 in ending with 29,060 shares changing hands to close at $23. Sagicor Real Estate Fund traded 104,000 shares to close at $9.80 after falling 20 cents, Scotia Group traded just 836 shares to close at $31.05 after gaining $1.05 from Monday’s last traded price and the JMMB 7.50% preference share, traded 41,000 units with a loss of 1 cent at $1.06.

Big jump for JSE main market – Monday

Scotia's stock pushed up index sharply on Monday.

Scotia’s stock pushed up index sharply on Monday.

Trading on the Jamaica Stock Exchange on Monday saw large jumps in the main market indices with gains or more than 1.90 percent. A total of 39 securities changed hands, in all market segments with 11 stocks rising while 17 declined. Trading amounted to 6,926,480 units valued at $61,273,985 changing hands, in all markets with the junior market accounting for 1,099,234 units valued at $4,634,021.
The JSE Market Index surged 3,048.66 points to end at 153,887.64, the all Jamaica Composite Index leapt 3,409.51 points to 170,934.35 and the JSE combined index jumped 3,047.08 points, to close at 161,977.99.
IC bid-offer Indicator| At the end of trading,JSE Sum 18-04-16r in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 12 stocks with bids higher than their last selling prices and 9 with lower offers.
At the end of market activities, Cable & Wireless lost 6 cents to close at $1.25, in trading 2,572,288 units. Caribbean Cement fell 40 cents to close at $23 with 1,900 shares changing hands, Carreras regained 50 cents to end trading with 2,000 shares, to close at $66, Jamaica Broilers had 41,209 units changing hands, to close at $14.80. Jamaica Stock Exchange ended at $19 while trading 17,539 shares, JMMB Group had 6,954 shares changing hands with a loss of 39 cents to end at $9.50, Margaritaville Turks traded 1,772,051 shares to close at 15US cents, JSE fn qts 18-04-16Mayberry Investments gained 40 cents to close at $4 with 31,000 units changing hands. National Commercial Bank declined 23 cents with 19,892 shares changing hands to close at $40.25. Radio Jamaica traded 5,250 shares to close with a loss of 3 cents at $1.14, Sagicor Group rose $1 in ending with 128,159 shares changing hands to close at $24, Scotia Group traded 243,952 shares to close at $30, but traded as high as $34. Sterling Investments fell 85 cents to a 52 weeks’ low of $12 with only 1,500 shares changing hands, Supreme Ventures lost 10 cents with 377,543 shares changing hands at $5, Proven Investments ordinary shares traded 400,00 units to end at 16 US cents and the JMMB 7.25% preference share, traded 296,482 units at $1.07.

JSE rose with volumes up – Thursday

S VL Trade over 10 million shares on Thursday.

S VL Trade over 10 million shares on Thursday.

Trading Thursday on the Jamaica Stock Exchange saw a number of large volumes going through the market but with negligible impact on prices. A total of 42 securities changed hands, in all market segments with 14 stocks rising and 16 declining. Trading accounted for 16,509,821 units valued at $157,376,702 changing hands in all markets with the junior market accounting for 540,140 units valued at $2,757,260.
The JSE Market Index gained 860.66 points to end at 150,211.24, the all Jamaica Composite Index rose 962.52 points to 166,822.78 and the JSE combined index rose 849.82 points, to close at 158,062.90.
JSE Sum 14-04-16r 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 6 with lower offers.
At the end of market activities, Berger Paints traded 26,400 shares to gain 3 cents and closed at $3.83, Cable & Wireless rose 5 cents to close at $1.26 in trading 945,819 units after trading earlier at $1.33. Caribbean Cement fell 39 cents to close at $19.50 with 27,473 shares changing hands, Carreras gained $1 and ended trading 9,260 shares to close at $66, Grace Kennedy gained 50 cents and closed with 22,300 shares changing hands at $80.50. Jamaica Broilers rose 30 cents in trading 18,535 units to close at $14.80. Jamaica Producers was one of a number of stocks trading large volumes with 1,500,000 units changing hands with a rise of 50 cents to close at $32, Jamaica Stock Exchange traded 10,627 shares to end at $19, JSE fn qts 14-04-16JMMB Group had 37,187 shares changing hands at $9.75, Margaritaville Turks gained 0.50 cent with 27,000 shares changing hands to close at 14.5 US cents. National Commercial Bank rose 19 cents with 159,786 shares changing hands to close at $40.20. Radio Jamaica traded 155,185 shares to close with a loss of 2 cents at $1.13, Sagicor Group gained $1 in ending with 1,238,798 shares changing hands at $24. Sagicor Real Estate Fund traded 1,451,906 units but lost 10 cents to end at $10, Scotia Group traded 26,915 shares to close at $30, Supreme Ventures lost 40 cents with a large block of 10,035,300 units changing hands at $5.10, Proven Investments ordinary shares traded 93,053 units to end at 16 US cents and the JMMB Group 7.50% preference share traded 119,440 units at $1.07.

JSE majors dived sharply – Tuesday

Scotia Group fell  $3.40 to help inflict much damage to the JSE on Tuesday.

Scotia Group fell $3.40 to help inflict much damage to the JSE on Tuesday.

Prices on the main market Jamaica Stock Exchange dropped sharply on Tuesday as measured by the market indices even as there were more stocks rising than falling as declines in Sagicor Group and Scotia Group did a lot of damage. The market closed on Tuesday with 39 securities changing hands, in all market segments and ended with 16 stocks rising and 10 declining.
Trading accounted for 8,660,890 units valued at $141,376,836 changing hands in all markets with the junior market accounting for 1,258,428 units valued at $7,440,298 changing hands.
The JSE Market Index suffered a sharp loss of 2,997.40 points to end at 149,937.63, the all Jamaica Composite Index nosedived 3,352.19 points to 166,516.80 and the JSE combined index fell sharply by 2,832.52 points, to close at 157,743.34.
JSE Sum 12-04-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 10 stocks with bids higher than their last selling prices and 4 with lower offers. At the end of the market activities, Berger Paints traded only 1,300 shares to gain 50 cents and closed at $4, Cable & Wireless rose 4 cents to $1.13 in trading 188,038 units, Carreras ended trading only 1,900 shares to end $1 higher at $66. Ciboney gained 1 cent to close at 17 cents with 300,000 shares changing hands, Grace Kennedy rose $1 and closed with 245,819 shares changing hands at $81, Jamaica Broilers traded 505,700 units to close at $14.50. Jamaica Stock Exchange traded 5,027,520 shares valued at $98.5 million but lost 5 cents to end at $19.50 as MVL Stock Brokers crossed 5 million units for their own account at $19.60. JMMB Group had 13,934 shares changing hands at $10, JSE fn qts 12-04-16National Commercial Bank rose by 4 cents with 5,826 shares changing hands to close at $40.05. Pan Jamaican Investment traded only 265 shares but fell by $3 to $90, Pulse Investments gained 20 cents to close at $3.19 with 64,000 shares changing hands. Radio Jamaica traded just 251,538 shares to close at $1.15, Sagicor Group fell $1 and ended with 47,465 shares changing hands at $23. Scotia Group traded 73,300 shares to close at $29.50 after declining $3.40, Seprod jumped $1.25 to $17.25 with 32,500 shares trading, Supreme Ventures gained 5 cents to close at $5 with 31,275 units changing hands, Proven Investments ordinary shares traded 93,200 units to end at 16 US cents and the JMMB Group 7.50% preference share traded 487,151 units at $1.20.

More JSE stocks up than down – Monday

JSe online logo Prices on the Jamaica Stock Exchange were mixed on Monday but with more gains than losses. On Monday 37 securities changed hands, in all market segments and ended with 12 stocks rising and 6 declining.
The market closed with 4,039,547 units valued at $84,778,917 changing hands in all markets. The junior market accounted for 1,018,853 units valued at $4,061,844 changing hands.
The JSE Market Index suffered a mild loss of 55.30 points to end at 152,935.03, the all Jamaica Composite Index fell 61.84 points to end at 169,868.99 and the JSE combined index gained 49.20 points, to close at 160,575.86.
JSE Sum 11-04-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 12 stocks with bids higher than their last selling prices and only 2 with lower offers.
At the end of the market activities, Barita Investments surprisingly traded 62,383 shares to gain 25 cents and closed at $3.50, Cable & Wireless rose 8 cents to $1.09 in trading 22,817 units, Carreras ended trading 421,078 shares to end at $65. 1834 investments traded 43,000 shares with a loss of 10 cents at $1.50, Grace Kennedy closed with 231,970 shares changing hands at $80, Jamaica Broilers traded 55,156 units to close at $14.50. JMMB Group had 94,770 shares changing hands at $10, Kingston Wharves traded 2,965 shares to close at $11.50, JSE fn qts 11-04-16Mayberry Investments added 30 cents to close at $4 with 32,500 shares changing hands, National Commercial Bank ended with 125,198 shares changing hands to close at $40.01. Radio Jamaica traded just 22,321 shares and recovered the 6 cents it lost of Friday, to close at $1.15, Sagicor Group rose 30 cents and ended with 917,593 shares changing hands at $24. Scotia Group traded 10,448 shares to close at $32.90 after rising $2.90, Supreme Ventures slipped 5 cents to close at $4.95 with 45,179 units changing hands, Proven Investments ordinary shares traded 179,009 units to end at 16 US cents. JMMB Group 7.50% preference share traded 293,449 units at $1.20 after recovering 3 cents and the Jamaica Money Market Brokers 7.50% preference share traded 452,187 units at $2.15.

RJR enjoys big trade on JSE – Friday

RJR had another big trade on Friday.

RJR had another big trade on Friday.

Radio Jamaica dominated trading on The Jamaica Stock Exchange with 43.6 million shares changing hands on Friday to close at $1.12 but gains in other stocks gave the overall market forward a big leapt forward. On Friday 36 securities changed hands, in all market segments and ended with 11 stocks rising and 12 declining and the IC bid-offer Indicator| at the strongest level since February 8, this year.
The market closed with 51,448,945 units valued at $171,764,929 changing hands in all markets. The junior market accounted for 470,000 units valued at $1,549,597 changing hands.
The JSE Market Index took a sharp upturn with a 3,192.15 points rally to end at 152,990.33, the all Jamaica Composite Index jumped 3,570.00 points to end at 169,930.83 and the JSE combined index shot up 3,489.28 points, to close at 160,526.66.
IC bid-offer Indicator| At the end of trading, in the main and junior JSE Sum 08-04-16markets, the Investor’s Choice bid-offer indicator reading showed 17 stocks with bids higher than their last selling prices and only 1 with a lower offer.
At the end of the market activities, Cable & Wireless rose 5 cents to $1.10 in trading 409,741 units, Caribbean Cement lost $1.40 with just 2,922 shares changing hands to end at $22.50, Carreras ended trading 108,094 shares to end at $65. Grace Kennedy closed with 1,469 shares changing hands at $80, Jamaica Broilers traded 3,726,493 units to close at $14.50, after declining by 20 cents. JMMB Group had 6,803 shares changing hands at $10, Kingston Wharves traded 13,945 shares to close at $11.50, Mayberry Investments lost 30 cents to close at $3.70 with 5,000 shares changing hands, National Commercial Bank fell 49 cents with 42,113 shares changing hands to close at $40.01, while 138 Student Living, traded 30,550 shares at $5.50. Pan Jamaican Investments traded 3,999 shares to close at $93, Pulse Investments lost 24 cents to end at $2.99 with 10,000 shares trading, JSE fn qts 08-04-16Radio Jamaica with the largest trade for the day of 43,604,186 shares but lost 6 cents to close at $1.09, Sagicor Group rose 60 cents and ended with 65,158 shares changing hands at $23.70. Sagicor Real Estate Fund traded 5,000 shares to close at $10.02 Scotia Group traded 1,238,437 shares to close at $30 after falling by 50 cents, the stock traded as high as $34.90 ahead of the close. Seprod dropped back $3 to end at $16 with 19,314 shares changing hands, Supreme Ventures gained slipped 14 cents to close at $5 with 44,364 units changing hands, Proven Investments ordinary shares traded 553,800 units to end at 16 US cents, down from 17.50 cents previously. JMMB Group 7.50% preference share traded 868,551 units at $1.17 after shedding 3 cents and the Jamaica Money Market Brokers 7.50% preference share traded 218,200 units at $2.15.

Sharp gains for juniors – Friday

JM Sign The junior market moved sharply higher on Friday with 51.50 points to close at 1,814.37. Trading ended with 13 active securities, 6 of which advanced and 2 declined as 470,000 units valued at $1,549,597 changed hands.
There were 7 stocks closing with bids that were higher than their last selling prices and none ended with a lower offer.
At the end of trading, CAC 2000 had 4,674 shares trading to close at $6.50, Caribbean Producers gained 25 cents in trading 9,400 units, to end at $4.05, General Accident rose by 26 cents in trading 580 units and closed at $2.59. Honey Bun had just 1,500 shares trading but ended unchanged at $11, Iron Rock rose 5 cents to close at $3.90 after trading 12,048 units,JM Trdng Sht 8-4-16 Jamaican Teas closed at $3.80 after trading 21,710 units. Jetcon Corporation lost 1 cent to close at $2.84 after 149,862 shares changed hands, Key Insurance closed at $3 with 6,300 units changing hands. Lasco Distributors put on 50 cents and ended with 14,882 units trading at $5. Lasco Financial closed at $3 with 128,901 shares changing hands, Lasco Manufacturing ended with 87,508 shares changing hands having risen by 14 cents to close at $3.65, tTech traded 19,740 shares but lost 30 cents to close at $4 and Derrimon Trading preference shares gained 13 cents to end at $2.30 with 12,895.

Juniors steady – Thursday

JSE sign The junior market took a breather on Thursday from the sharp fall of the past few days to record a moderate gain of 6.85 points to close at 1,762.87. The market ended with 12 active securities, 4 of which advanced and 5 declined as only 785,366 units changed hands, valued at $2,423,588.
There were 6 stocks closing with bids that were higher than their last selling prices and 3 ended with lower offers. The junior market have fallen by a huge 25.5 percent from it peak earlier in the year. Sharp declines in the three Lasco listed stocks are major factors behind the steepness of the fall.
At the end of trading, CAC 2000 fell 3 cents as 11,080 shares traded to close at $6.50, Consolidated Bakeries lost 6 cents in trading 55,367 units, to end at $1.15, C2W Music traded 8,700 units at 33 cents, Dolphin Cove ended at $14.50 with 190 shares trading, General Accident fell by 37 cents in trading 93,021 units and closed at $2.33.JM Trdng Sht 7-4-16 Honey Bun had just 969 shares trading but rose 50 cents to end at $11, Jamaican Teas closed at $3.80 after trading 66,814 units. Jetcon Corporation lost 5 cents to close at $2.85 after 363,344 shares changed hands, Key Insurance gained 10 cents to close at $3 with 19,501 units changing hands, Lasco Distributors lost 1 cent and ended with 110,580 units trading at $4.50. Lasco Financial rose by 1 cent to end at $3 with 1,700 shares changing hands and Lasco Manufacturing ended with 54,100 shares changing hands having risen by 1 cent to close at $3.51.