JSE majors drop sharply

The Jamaica Stock Exchange market stocks indices fell in Wednesday morning with big fall in the main market indices trading with volume increasing over Tuesday’s levels.
ICI JSE int trd 12-10-16The all Jamaica Composite Index dropped 2150.07 points to 185,347.93 the Jamaica Stock Exchange Market Index dived 1,922.55 points to 166,775.78, the Jamaica Stock Exchange combined index slipped 1,858.71 points to close at 179,394.69 and the junior market index dipped 7.37 points to 2,407.16.
At 10.45 am, a total of 22 securities traded, resulting in a volume of 1,599,416 shares changing hands carrying a value of $10,753,662, compared to 2,592,474 shares changing hands carrying a value of $31,641,641 on Tuesday.
The average number of shares traded amounts to 72,701 units compared to 92,588 on Tuesday. Market activity resulted in 6 stocks falling while the prices of 9 securities rose.
JMMB Group traded 56,992 units and lost $1.50 to trade at $13.50, Scotia Investments jumped to $34 from $30 while trading 26,000 units, Blue Power Group pulled back from $28 that it closed at on Tuesday to $23.50 on small volume and Lasco Financial Services dropped to $2.80 from $3.20.
Jamaica Money Market Brokers 7.50% preference share had 355,130 units trading at $2.10, Caribbean Flavours & Fragrances traded 820,700 and rose to $8.60 from $8, Cable & Wireless traded 103,300 units at 98 cents.

JSE shares fall in early trading – Tuesday

The Jamaica Stock Exchange market stocks indices fell in Tuesday morning trading with volume increasing over Monday’s levels.
ICI JSE int trd 11-10-16At 10.55 am, a total of 28 securities traded, resulting in a volume of 2,592,474 shares changing hands carrying a value of $31,641,641, compared to 621,667 shares changing hands carrying a value of $3,693,105 on Monday.
The average number of shares traded amounts to 92,588 units compared to 28,258 on Monday. Market activity resulted in 10 stocks falling while the prices of 5 securities rose.
Cable & Wireless traded 103,300 units at 98 cents, JMMB Group 7.50% preference shares had 442,000 units at $1.10, Radio Jamaica 105,595 shares at $1.55, Sagicor Group traded 1,006,427 shares at $23.82, Caribbean Cream traded 55,000 at $9.45, Lasco Distributors had 203,221 shares traded at $7 after losing 89 cents and Lasco Financial Services had 301,293 units changing hands at $3.20.
The all Jamaica Composite Index fell 211.65 points to 186,202.76 the Jamaica Stock Exchange Market Index fell 189.25 points to 167,540.16, the Jamaica Stock Exchange combined index slipped 682.12 points to close at 180,322.46 and the junior market index dived 49.31 points to 2,428.47.

JSE slips in early trading – Monday

The Jamaica Stock Exchange market stocks indices fell ICI JSE int trd 10-10-16slightly on Monday morning trading with moderate volume in all markets.
At 11 am, a total of just 22 securities traded, resulting in a volume of 621,667 shares changing hands, carrying a value of $3,693,105, compared to 423,544 shares changing hands with a value of $4,545,931 on Friday.
The average number of shares traded on Monday by mid morning, amounts to 28,258 units compared to 16,290 on Friday. Market activity resulted in 3 stocks falling while the prices of 7 securities rose, including AMG Packaging that traded 5,000 shares with $1.50 gain to $19 and a 49 cents rise in the price of JMMB Group to $15.
The all Jamaica Composite Index fell 75.37 points to 186,768.70, the Jamaica Stock Exchange Market Index fell 67.40 points to 168,046.21, the Jamaica Stock Exchange combined index slipped 72.38 points to close at 181,007.07 and the junior market index declined 0.96 points to 2,449.42.

Juniors jump to another new record

Junior market stocks are trading in record territory in early morning session on the Jamaica Stock Exchange with Lasco Distributors rising to $7.85. Main market stock slipped with Scotia Investments falling from $30 to $27 on a day of moderate volumes.
ICI JSE int trd 7-10-16Up to 10:45 am, JMMB Group traded 12,790 units at a 52 weeks’ high of $15 and Paramount Trading had 150 shares changing hands at a new all-time high of $24.50. Cable & Wireless had 100,000 shares changing hands with a loss of 4 cents at 92 cents, Caribbean Cream fell 40 cents and last traded at $9.10 with 35,000 units changing hands, Honey Bun traded 29,651 unit at $6.15 and Lasco Distributors gained 33 cents in trading 51,000 shares at $7.85.
A total of 26 securities traded, resulting in a volume of 423,544 shares changing hands carrying a value of $4,545,931, compared to 821,407 shares changing hands carrying a value of $7,914,772 on Thursday. The average number of shares traded amounts to 16,290 units compared to 27,380 on Thursday. Market activity resulted in 8 stock falling while the prices of 9 securities rose.
The all Jamaica Composite Index fell 136.42 points to 185,016.35, the Jamaica Stock Exchange Market Index fell 121.98 points to 166,479.30, the Jamaica Stock Exchange combined index climbed 186.03 points to close at 179,788.63 and the junior market index gained 29.13 points to a record 2,472.28.

JSE majors gains juniors slip

Trading on the main market of the Jamaica Stock Exchange saw the market indices rising and the junior index slipping slightly after 45 minutes of trading on Thursday. The ratio of advancing stocks to declining ones was virtually even.
ICI JSE int trd 6-10-16Up to 10:45 am, JMMB Group traded at a new 52 weeks’ high of $14.55 with 60,300 shares changing hands, Caribbean Cream fell 99 cents and last traded at $9.01 with 48,577 units changing hands but the stock traded at $10 initially, ISP Finance Services traded at a new high of $7 with 51,809 shares changing hands, Lasco Financial Services had 116,838 units trading at $3.30 and JMMB Group 7.50% traded 180,000 units at $1.10.
A total of 30 securities traded, resulting in a volume of 821,407 shares changing hands carrying a value of $7,914,772, compared to 1,437,120 shares changing hands carrying a value of $26,771,116 on Wednesday. The average number of shares traded amounts to 27,380 units compared to 51,326 on Wednesday. Market activity resulted in 10 stock falling while the prices of 9 securities rose.
The all Jamaica Composite Index rose 475.52 points to 185,454.27, the Jamaica Stock Exchange Market Index gained 425.19 points to 166,870.87, the Jamaica Stock Exchange combined index climbed 355.34 points to close at 179,703.50 and the junior market index declined 3.80 points to 2,428.63.

Advancing stocks beat decliners 2-1

Trading on the main market of the Jamaica Stock Exchange on Wednesday saw the market indices hitting new highs but within an hour of the markets’ opening, the market fell back, with the all Jamaica Index declining by 335 points. ICI JSE int trd 5-10-16
The decline in the main market did not negate the 2 to 1 advantage that advancing stocks held over declining ones in the overall market.
Up to 10:45 am, Caribbean Cement jumped $3.50 to $33.50 with 76,003 shares changing hands, National Commercial bank traded 502,203 units at $42.40 after rising 30 cents and Jamaica Money Market Brokers 7.50% traded 388,250 units at $2.10.
A total of 28 securities traded, resulting in a volume of 1,437,120 shares changing hands carrying a value of $26,771,116, compared to 251,399 shares changing hands carrying a value of $1.3 million on Tuesday. The average number of shares traded amounts to 51,326 units compared to 17,957 on Tuesday. Market activity resulted in 7 stock falling while the prices of 13 securities rose.
The all Jamaica Composite Index fell 335.20 points to 185,335.89, the Jamaica Stock Exchange Market Index slipped 299.73 points to 166,765.02, the Jamaica Stock Exchange combined index declined by 177.72 points to close at 177,199.12 and the junior market index rose 9.76 points to 2,389.08.

Stocks up in early trading

Uncertainty regarding working activity in Jamaica seems to be affecting trading on the Jamaica Stock Exchange on Tuesday after the market reopened with from the ICI JSE int trd 4-1016closure on Monday due to the threat of hurricane. With more than an hour’s trading only 14 securities changed hands.
Up to 10:45 am, just 5 stocks traded in the junior market with Caribbean Producers trading 87,573 units at $3.30 and Lasco Manufacturing with 80,027 units at $5.05. In the main market Barita Investments had 30,000 units changing hands at $4.20 and JMMB Group traded 26,184 shares at $13.95, up 95 cents from Friday’s close.
Just 14 securities traded, resulting in a volume of 251,399 shares changing hands carrying a value of $1.3 million, compared to 1,383,211 shares changing hands carrying a value of $7,292,776. The average number of shares traded amounts to 17,957 units compared to 53,200 on Friday. Market activity resulted in 1 stock falling while the prices of 6 securities rose.
The all Jamaica Composite Index jumped 759.52 points to 183,542.49 and if it closes close to this level would represent a new all-time closing high, the Jamaica Stock Exchange Market Index climbed 679.15 points to 165,161.40, the Jamaica Stock Exchange combined index surged 669.73 points to close at 177,760.17 and the junior market index fell 3.88 points to 2,393.78.
Subsequent to 11Am the all Jamaica Composite Index jumped to 184,046.87 points.

Stocks hit new highs early trading

Trading on the Jamaica Stock Exchange, pushed the markets into new record territory, with the All Jamaica Composite index jumping 1,572.36 points to 183,877.11ici Int -30-9-16 beating the previous highest close of 183,366.39 reached in February while the junior market climbed into the 2,400 level for the first time.
Up to 10:45 am, the main trades are Caribbean Cream traded 136,819 units at $9.40 after trading at $9.70, General Accident Insurance had 600,000 units changing hands at $2.40, Lasco Distributors rose to $7.50 with 222,184 shares Honey Bun traded 66,969 shares at $6.10 and Paramount Trading moved to a new all-time high of $19.50 with just 2,000 shares.
At 10:45 am 26 securities traded, resulting in a volume of 1,383,211 shares changing hands carrying a value of $7,292,776. The average number of shares traded amounts to 53,200 units. Market activity resulted in 5 stocks falling while the prices of 10 securities rose.
The all Jamaica Composite Index jumped 1,572.36 points to 183,877.11. If the market ends trading close to this level, it would represent a new all time high for all three major indices. at mid morning the Jamaica Stock Exchange Market Index climbed 1,405.97 points to 165,460.61, the Jamaica Stock Exchange combined index surged 1,660.01 points to 178,189.47 and the junior market index gained 34.67 points to 2,408.56.

Technical problems hit JSE trading

JSE sign shrtpngWhen trading resumed Thursday on the on the Jamaica Stock Exchange, it lasted just over half an hour before activity came to an abrupt end, with only a few securities having traded to that point.
A check with the exchange, revealed that technical issues affected the trading platform. Users of the platform found out that there were no new feed of information being received and they were unable to reload the trading platform that shows market activities. The information available revealed that after three hours persons in the information technology department of the Exchange and the management for trading are locked in a meeting to see if the problem can be identified and rectified. In the past when trading is disrupted, the exchange normally extends the trading hours to compensate for the lost time. if this is done today trading may not end until close to 4 PM.

JSE jumps early Monday

Trading on the Jamaica Stock Exchange, has been light, resulting in gains of more than 1,000 points in the main indices and a small junior market loss. The main market jumped by 1,293.78 points as measured by the all Jamaican Composite index and the junior market slipped by just 5 points on relatively low volume.
ici Int -26-9-16Up to 10:45 am, the main trades are Caribbean Cream traded 568,043 units between $8 and $9.10, the last traded price, while General Accident Insurance jumped 70 cents with 59,000 units changing hands at $2.80, from the junior market. Caribbean Cement traded just 4,000 shares at $3 for a $4 rise. Proven Investments traded 236,500 shares at 19.99 US cents, Sagicor Group has 86,574 units trading at $23.50 and JMMB Group 7.50% preference share trades 500,000 units at $1.10.
At 10:45 am 24 securities traded, resulting in a volume of 1,689,614 shares changing hands carrying a value of $9.3 million, compared to 1,002,702 shares with a value of $5,828,970 on Friday at 10.45 am. The average number of shares traded amounts to 70,401 units compared to 41,779 units on Friday. Market activity resulted in 4 stocks falling while the prices of 11 securities rose.
The all Jamaica Composite Index 1,303.22 points to 181,561.43 the Jamaica Stock Exchange Market Index 1,165.31 points to 163,389.98, the Jamaica Stock Exchange combined index climbed 1,019.30 points to close at 175,446.28 and the junior market index fell 5.98 points to 2,328.45.