Trading on the Jamaica Stock Exchange, has been light, resulting in losses in the main and junior market indices. The main market lost just under 700 points as measured by the all Jamaican Composite index and the junior
market slipped by just 4 points on relatively low volume.
Up to 10:45 am, the main trades are Lasco Manufacturing with 112,022 units at $4.80 from the junior market. Cable & Wireless had 60,000 units changing hands at 99 cents, Ciboney traded 116,600 units at 17 cents, Jamaica Broilers 107,200 shares at $15 and Supreme Ventures traded 490,100 units at $4.75.
At 10:45 am 24 securities traded, resulting in a volume of 1,002,702 shares changing hands carrying a value of $ 5,828,970, compared to 1,552,704 shares with a value of $9,196,894 on Thursday at 11.45 am. The average number of shares traded amounts to 41,779 units compared to 48,522 units on Thursday. Market activity resulted in 7 stocks falling while the prices of 9 securities rose.
The all Jamaica Composite Index fell 695.81 points to 180,145.19 the Jamaica Stock Exchange Market Index lost 622.19 points to 162,122.60, the Jamaica Stock Exchange combined index declined 615.81 points to close at 174,171.16 and the junior market index fell 3.77 points to 2,318.65.
JSE stocks falter early Friday
More gains for JSE stocks – Thursday
Trading on the Jamaica Stock Exchange, continue to see gains in the market indices. The main market gained over 750 points measured by the all Jamaican Composite index and the junior market rose by nearly 20 points on relatively low volume.
AMG Packaging traded 26,361 shares and climbed $1.99 to $16.99, General Accident Insurance had 253,080 shares trading at $2.10 and Lasco Distributors traded 185,161 units at $7 from the junior market. Cable & Wireless had 106,261 units changing hands at 99 cents Jamaica Stock Exchange traded 125,285 units at $27.40, Proven Investments traded cents and JMMB Group 7.50% preference share traded 130,000 units at $1.10.
At 11:45 am 32 securities traded, resulting in a volume of 1,552,704 shares changing hands carrying a value of $9,196,894, compared to 697,409 shares with a value of $5,991,867 on Wednesday at 10.45 am. The average number of shares traded amounts to 48,522 units compared to 24,049 units on Wednesday. Market activity resulted in 9 stocks falling while the prices of 11 securities rose.
The all Jamaica Composite Index jumped 786.26 points to 182,041.40 the Jamaica Stock Exchange Market Index climbed 703.06 points to 163,819.16, the Jamaica Stock Exchange combined index jumped 862.33 points to close at 175,771.86 and the junior market index fell 20.47 points to 2,321.39.
JSE main market jumps sharply
Trading on the Jamaica Stock Exchange,
saw big gains in the market indices main market with more than 1,500 points rise in the all Jamaican Composite Index as advancing stocks overpowered decliners in early trading but with limited volumes. The junior market index slipped below the 2,300 points level.
At 10:45 am 29 securities traded, resulting in a volume of 697,409 shares changing hands compared to 6,040,541 shares carrying a value of $5,991,867 on Tuesday. The average number of shares traded amounts to 24,049 units compared to 251,689 units on Tuesday. Market activity resulted in 6 stocks falling while the prices of 13 securities rose.
The all Jamaica Composite Index jumped 1,510.12 points to 180,826 the Jamaica Stock Exchange Market Index climbed 1,350.32 points to 162,732.63, the Jamaica Stock Exchange combined index jumped 1,007.40 points to close at 174,484.54 and the junior market index fell 23.85 points to 2,294.16.
The main contributors to the gain in the indices include a $1 rise in the prices of Caribbean Cement and National Commercial Bank and a jump of $1.39 in the price of Scotia Investments, while a fall in the price of Dolphin Cove from $15 to $13.70 had a negative effect on the junior market index.
Grace trade 27.9m shares
Grace Kennedy traded 27.9 million shares valued at $1,161,862,567 but Scotia Group’s traded at earlier $32.40 helping to move the main market indices upwards.
Scotia eventually fell back from the mornings high by mid-morning.
The junior market rose moderately, Jetcon Corporation rose 10 cents to a new high of $4.10 with 4,300 units trading and Lasco Distributors traded 3,734,752 units at $7.05. In the main market, Cable & Wireless traded 513,700 shares at 80 cents, National Commercial Bank traded 309,258 units at $40 and Scotia Group traded 190,191 units and fell back $1.45 to $30.06.
At 10:45 am 22 securities traded, resulting in a volume of 33,336,371 shares carrying a value of $1,215,936,825 changing hands compared to 3,624,650 shares carrying a value of $1,765,042 on Thursday. The average number of shares traded amounts to 1,515,290 units compared to 9,488 units on Thursday. The number of stocks falling are 4 while the prices of 8 securities rose as the market continues to consolidate.
The all Jamaica Composite Index gained 820.63 points to 178,889.28, the Jamaica Stock Exchange Market Index climbed 733.78 points to 161,000.59, the Jamaica Stock Exchange combined index rose 752.52 points to close at 172,783.54 and the junior market index rose 7.01 points to 2,284.94.
Scotia pushed JSE main market
A big 47 percent jump in Scotia Group’s third quarter profits motivated investors to push the stock up by $1 to $31.50 and the main market all Jamaica index up by more than 1,600 points in the morning session,
even as the overall volumes traded so far is light.
The junior market rose moderately with two stocks traded at new highs in the morning session, as Jetcon Corporation rose 70 cents to $4 with 20,000 units trading and while 2,000 units traded for Paramount Trading at $17.50 for a gain of $2.45. Caribbean Cream that has come in for increased buying traded above Wednesday’s closing high to $9 with 10,000 shares.
At 10:45 am 26 securities traded, resulting in a volume of only 246,695 shares carrying a value of 1,765,042 changing hands compared to 3,624,650 shares carrying a value of $18.2 million on Wednesday. The average number of shares traded amounts to only The 9,488 units compared to 95,386 units on Wednesday. The number of stocks falling are 6 while the prices of 12 securities rose as the market continues to consolidate.
The all Jamaica Composite Index gained 1,653.06 points to 178,719.40, the Jamaica Stock Exchange Market Index climbed 1,478.14 points to 160,848.70, the Jamaica Stock Exchange combined index rose 1,468.28 points to close at 172,630.46 and the junior market index rose 9.48 points to 2,283.75.
2 new highs for junior market
The junior market rose moderately but three stocks traded at
new highs in the morning session as Caribbean Cream hit $10.20 in trading just 4,823 shares and Blue Power traded at $21. tTech traded up to $6 with 48,521 unit. The advance decline ratio was positive at more than 2 to 1.
At 11:45 am 38 securities traded, resulting in a volume of just 3,624,650 shares carrying a value of $18.2 million changing hands compared to 2,159,587 shares carrying a value of approximately $2.16 million on Tuesday. The average number of shares traded amounts to only The 95,386 units compared to 79,985 units on Tuesday. The number of stocks falling are 8 while the prices of 18 securities rose as the market continues to consolidate.
138 Student Living traded 641,007 units and gained 20 cents to $4.70 and Lasco Financial Services trades 1,266,578 shares but fell down to $3.10 from $3.45 at the close on Tuesday.
The all Jamaica Composite Index gained 102.03 points to 177,425.60, the Jamaica Stock Exchange Market Index climbed 91.24 points to 159,691.81, the Jamaica Stock Exchange combined index rose 270.06 points to close at 171,561.63 and the junior market index rose 18.06 points to 2,284.16.

The market commenced the week with more than 1 million shares each trading in Cable & Wireless 1,591,675 units as the price held firm, Carreras traded 1,136,267 units as the price fell 50 cents for and National Commercial Bank had 319,588 shares trading at $40. Volume traded in other stocks was very moderate.
At the close of trading, the JSE Market Index dived 1,017.74 points to end at 159,249.07. The all Jamaica Composite Index dropped 1,138.18 points to close at 176,930.47 and the JSE combined index sank 749.64 points, to end at 171,281.38.
