The line pointing to the top right hand of the picture was created by the jet heading for Honduras and the one from bottom right to top left is heading to Miami. Kingston Harbour is in the direction of the right of the picture
Coming off a weekend of rest and church going an early morning cross appeared and prominently sat over the hills of Jamaica’s capital, Kingston on Monday remaining over the city for quite some time, was captured by ICInsider.com on camera as it was found to be quite intriguing.
was this a sign of significance or just a quirk of nature? What caused it? An Avianca Airbus 320 flying at 38,000 feet flew over Kingston to Miami from Bogota Columbia, minutes before an Amerijet International, Boeing 767 jet flying from San Juan, Porto Rico to San Pedro Sula, Honduras, passed over Kingston moving in a south west direction at a height of 39,000 feet. Both aircrafts left vapor trails, resulting in the cross over Kingston.
Vapor trails might look like smoke or steam, but they are clouds of tiny ice crystals which come from the aircraft’s engines.
Sangster International accounted for 456,200, down from 491,900 last year, for a decline of 35,700 or around 18,000 visitors. Montego Bay would have seen a drop with Bascobel being serviced by daily flights out of Miami that would still not be a major factor in the decline.
The market closed with trading of 5,057,362 shares at $11,180,391 compared with 4,942,890 units at $5,833,637 on Thursday. Trading averaged 117,613 shares valued $260,009 compared with 126,741 stocks at $149,580 on Thursday with the month to date, averaging 411,720 stocks for $1,236,825 compared to 442,793 stock units at $1,340,027 on the previous day and November ending with an average of 309,920 shares at $766,307.
At the close of the market, AMG Packaging rose 8 cents to end at $2.84 with investors dealing in just 2 units, Blue Power sank 35 cents to $4.70 with 2,195 units crossing the market, Caribbean Assurance Brokers rallied 44 cents to $2.96 with traders dealing in just 141 shares. Dolphin Cove popped $1 to $18.50 and ended up closing with 90,173 stock units changing hands, Everything Fresh climbed 13 cents to finish at $2.23 with investors trading 3,182 shares, Express Catering increased 10 cents to close at $3.30 in an exchange of 153 units. Future Energy slipped 14 cents to $3.71 after the trading of 168,274 stocks, Honey Bun advanced 99 cents to finish at $8.50 after a transfer of 5,021 stock units, Indies Pharma gained 11 cents and ended at $3.44 with 177,340 shares passing through the market. Jamaican Teas rose 9 cents to end at $2.19 with 3,841 units crossing the exchange, Knutsford Express advanced by 15 cents to end at $12.90 with 16,005 stocks changing hands, Lasco Financial popped 14 cents to close at $1.64 in an exchange of 769 stock units. 
Lumber Depot fell 18 cents to $2.56 with 81,776 shares clearing the market, Mailpac Group climbed 15 cents and ended at $2.75 after an exchange of 47,072 units, ONE on ONE Educational shed 7 cents to close at 93 cents with investors trading 62,969 stocks. Regency Petroleum increased 7 cents to finish at $3.08 after an exchange of a mere 3 stock units, Spur Tree Spices gained 12 cents to close at $2 with investors swapping 109,972 shares, Stationery and Office Supplies lost 11 cents to end at $1.47 with 333,087 units switching owners and tTech dipped 10 cents to $2 as investors exchanged 41,385 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with an exchange of 1,575,237 shares for US$53,490 up from 585,154 stocks at US$33,029 on Monday.
Sygnus Credit Investments ended at 7 US cents with 17,618 shares crossing the market, Sygnus Real Estate Finance USD share advanced 0.57 of a cent to end at 4.37 US cents after an exchange of 149 stock units and Transjamaican Highway popped 0.28 of one cent to a record high of 2.99 US cents with 1,455,697 units crossing the market.
If the above is achieved, it would put murders in line to match the 976 cases in 2003 and the lowest in more than two decades. If the security forces make further inroads the social malady, the numbers next year could fall well below the 2003 outcome.
Unemployment rose sharply between in 1977 as the economy contracted significantly, accompanied by capital and human flight. The unemployment rate of just over 11.2 percent in 1975 jumped to 23.8 percent in 1977 and to 27.7 percent in 1979 and remained around 26 percent to 1989, with a few years of modest fall. From 1990 the unemployment numbers started to moderate as can be seen from the chart, but increased murders had just started to climb in 1990 a 15 year lag from the sharp jump in unemployment that provided a greater pool of recruits for criminal activities for several years.
The market closed with 215,622 shares traded valued at $7,340,236, compared with 627,993 stock units being exchanged for $4,466,868 on Thursday.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and two with lower offers.
National Flour Mills remained at $1.70 after an exchange of 28 stock units, NCB Financial ended at $2.30 with 14,403 units changing hands, Prestige Holdings remained at $10.50 as investors exchanged 10 stocks. Republic Financial ended at $111.92 after 60,002 shares passed through the market, Scotiabank remained at $56 with 454 units crossing the exchange, Trinidad & Tobago NGL fell 5 cents in closing at a 52 weeks’ low of $4.75 with investors swapping 8,602 stocks. Unilever Caribbean skidded 24 cents and ended at a 52 weeks’ low of $10.26 in an exchange of 1,197 stock units and West Indian Tobacco lost 1 cent to end at a 52 weeks’ low of $6.50 with traders dealing in 70 shares.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and three with lower offers.
NCB Financial sank 15 cents to a 52 weeks’ low of $2.15 with investors trading 30,413 stocks, Prestige Holdings remained at $10.50 with a transfer of 77 stock units, Republic Financial dipped 92 cents in closing at a 52 weeks’ low of $111 with 786 shares passing through the exchange. Scotiabank lost 40 cents to finish at $56 with investors trading 987 units and West Indian Tobacco ended at $6.51 after a transfer of 24,558 stocks.
The market closed with trading of 483,026 stock units for $2,302,345 compared to 137,750 stock units at $656,605 on Monday.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and three with lower offers.
National Flour Mills lost 5 cents in closing at $1.71 with investors swapping 450 stock units, NCB Financial remained at $2.30 in switching ownership of 57,463 stocks, Prestige Holdings ended at $10.50 with traders dealing in 2,581 shares. Republic Financial rallied 1 cent to finish at $111.92 with 13,033 units changing hands, Scotiabank remained at $56.40 after exchanging 2,087 shares, Trinidad Cement rose 11 cents to end at $2.72 in trading 6,271 units and West Indian Tobacco ended at $6.51 as investors exchanged 7,334 stocks.
With the decline in the price of NCB Financial, the stock is so close to the TOP10 and is now peeping in but could be a struggle before moving sustainably upwards. The demand for the stock is weak currently and the price could be trading in the $40 region. Technical reading suggests a $45 price is not far-fetched before in finding a bottom.
Guardian Holdings moved up on the JSE TOP10 listing, with earnings per share revised from $71 to $92 helped by a fall in the price at the close of the week. Price gain for Access Financial resulted in it moving from the 5th spot last week out of the list this week and Caribbean Assurance Brokers moved into the listing, following price slippage during the week.
In the Junior Market IC TOP10 are 10 stocks, or 21 percent of the market, with PEs ranging from 15 to 20, averaging 18, well above the market’s average. The average PE for the top half of the market is 17, possibly the lowest fair value measure for stocks currently.
Persons under 15 years old are no longer included in the workforce, with the base now 15 years and over.