Cargo Handlers traded at a new high of $86.10 on the junior market of the Jamaica Stock Exchange in early Monday trading but with only 200 shares changing hands. Trading volume in the overall markets has been light with the highest volume traded being Pan Jamaican Investment with 38,032 units at $24.
The junior market index rose a bit with only a few securities trading in that market but the main market indices declined.
In trading Cable & Wireless after trading as low as 75 cents on Friday found some support to trade a small volume at 80 cents and now has a bid to buy at 76 cents. Scotia Group traded up by 95 cents to trade at 28,000 units at $30.
At 10:45 am 23 securities traded, resulting in a volume of just 202,505 shares carrying a value of $3.1 million changing hands compared to 861,119 shares carrying a value of $8,593,129 on Friday. The average number of shares traded amounts to only 8,805 units compared to 39,142 units on Friday. The number of stocks falling are 6 while the prices of 8 securities rose as the market continues to consolidate.
The all Jamaica Composite Index fell 230.99 points to 176,055.60, the Jamaica Stock Exchange Market Index eased 206.55 points to 158,466.78, the Jamaica Stock Exchange combined index fell 78.90 points to close at 170,456.60 and the junior market index 10.98 points to 2,287.19.
Cargo Handlers at new high
JSE main market climbs in early trading
The Jamaica Stock Exchange main market enjoyed strong gains in the indices in early Friday morning trading but with only limited volume changing hands in the overall markets. The junior market index slipped a bit with only a few securities trading in that market.
Trading of note so far took place for 106,580 Cable & Wireless shares with 181,615 shares in 1834 Investments changing hands while 59,745 shares of Grace Kennedy traded and JMMB Group had 275,597 units trading at $9.88 in the main market and in the junior market the stocks with the leading volumes traded are C2W Music with 40,000 units and Eppley Preference Shares 2019 had 50,000 units changing hands.
At 10:45 am 22 securities traded, resulting in a volume of 861,119 shares carrying a value of $8,593,129 changing hands compared to 5,070,164 shares carrying a value of $14,465,644 on Thursday. The average number of shares traded amounts to 39,142 units compared to 211,257 units on Thursday. The number of stocks falling are 10 while the prices of 8 securities rose as the market continues to consolidate.
The all Jamaica Composite Index jumped 947.08 points to 178,531.20, the Jamaica Stock Exchange Market Index gained 846.86 points to 160,680.41, the Jamaica Stock Exchange combined index climbed 680.28 points to close at 172,524.29 and the junior market index slipped 10.25 points to 2,288.60.
Juniors dominate early trading
The junior enjoyed quite brisk trading on Jamaica Stock Exchange early Thursday driving the junior market index up by 44.65 points with 4 junior market companies having more than 100,000 units trading, with Lasco Manufacturing having 854,813 units changing hands. C2W music saw the price recovering to 20 cents from 17 cents with 210,000 shares trading.
Cable & Wireless was the only main market stock to see high volume as the stock had 3,153,049 units changing hands at 95 cents while Jamaica Stock Exchange traded 61,600 units at $28.50 and junior market Cargo Handlers hit a new high with 1,500 shares trading at $86.
Other trades of more than 100,000 units are, General Accident Insurance with 104,311 units at $2.30 and Lasco Distributors 485,970 shares at $7. Caribbean Creams ended up with 66,230 unit at $8.
At 10:45 am 24 securities traded, resulting in a volume of 5,070,164 shares carrying a value of $14,465,644 changing hands compared to 1,182,572 units with a value of $29,395,598 on Wednesday. The average number of shares traded amounts to 211,257 units compared to 51,416 units on Wednesday. The number of stocks falling are 6 while the prices of 8 securities rose as the market continues to consolidate with no new major developments or news to move prices in one direction or the other.
The all Jamaica Composite Index slipped 41.00 points to 176,953.05 the Jamaica Stock Exchange Market Indexdeclined 36.66 points to 159,269.26, the Jamaica Stock Exchange combined index climbed 424.13 points to close at 171,050.98 thanks to a sharp rise in the junior market and the junior market index climbed 44.64 points to 2,272.58.
JSE trades down early Wednesday
Trading on Jamaica Stock Exchange early Wednesday is slow with only a few trades of meaningful size as the indices gave up some gains over the past two days.
Meaningful volumes came from penny stocks Cable & Wireless with 113,022 units at $1 and 1834 Investments with 159,400 shares at $1.25 followed by Jamaica Stock Exchange with 55,577 units at $27.15, National Commercial Bank with 401,780 shares at $39.99 and Proven Investments with 389,000 units at US 19.9 cents.
At 10:45 am 23 securities traded, resulting in a volume of 1,182,572 shares carrying a value of $29,395,598 changing hands down from 1,835,382 units on Tuesday. The average number of shares traded amounts to 51,416 units compared to 63,289 units on Tuesday. The number of stocks falling are 7 while the prices of 6 securities rose as the market continues to consolidate with no new major developments or news to move prices in one direction or the other.
The all Jamaica Composite Index dropped 857.51 points to 177,086.72 the Jamaica Stock Exchange Market Indexdeclined 766.77 points to 159,388.78, the Jamaica Stock Exchange combined index lost 919.05 points to close at 170,541.08 and the junior market index slipped 20.25 points to 2,212.09.
$29.50 new high for JSE early Tuesday
Jamaica Stock Exchange traded 1,400 at a new high of $29.50 up $2.10, following the high it reached in early trading Monday of $28,
Jetcon Corporation traded 399,800 units at $3.20, after rising 30 cents, tTech jumped 50 cents while it traded 503,333 shares at $5 and Cable & Wireless had 524,622 units trading at $1. Gains in prices moved the market indices much higher than at the close on Monday.
At 10:45 am 29 securities traded, including C2W Music that traded at a new all-time low of 17 cents as investors continue to bail out of the stock, following a history of continued poor results and depletion of capital. Trading resulted in a volume of 1,835,382 shares changing hands. The average number of shares traded amounts to 63,289 units compared to 36,243 units on Monday. The number of stocks falling amounts to 5 while the prices of 11 securities rose as the market continues to consolidate with no new major developments or news to move prices in one direction or the other.
The all Jamaica Composite Index jumped 1,250.51 points to 178,936.00 the Jamaica Stock Exchange Market Index climbed 1,118.18 points to 161,042.37, the Jamaica Stock Exchange combined index gained 1,415.46 points to close at 172,279.24 and the junior market index up 36.86 points to 2,232.00.
New high for Margaritaville in early session – Monday
Margaritaville Turks traded 339,428 at a new high of 23.95 US cents and gained 2.95 cents in the process In early morning trading on the Jamaica Stock Exchange, at 10:45 Am, there were no stock being offered for sale. Trading activity generally has been light in early trading with most prices inching up.
Demand came in for Seprod as the price climbed $1.50 with 88,000 shares trading at $20.50 and Scotia Group dropped $1.39 to $30. In the junior market AMG Packaging rose 85 cents with 17,100 units changing hands up to $14.55 while Lasco Distributors fell 20 cents with 166,700 shares trading at $6.50. C2W Music traded down 4 cents to a new low of 20 cents with 100,000 shares.
At 10:45 am 27 securities traded, resulting in a volume of 1,014,803 shares changing hands. The average number of shares traded amounts to 36,243 units compared to 59,281 units on Friday. The number of stocks falling so far amounts to 6 while the prices of 12 securities rose as the market continues to consolidate with no new major developments or news to move prices in one direction or the other.
The all Jamaica Composite Index rose 223.47 points to 177,766.67 the Jamaica Stock Exchange Market Index climbed 199.82 points to 159,996.78, the Jamaica Stock Exchange combined index gained 317.79 points to close at 170,876.16 and the junior market index up 12.90 points to 2,189.78.
JSE drops in early session – Friday
In early morning trading on the
Jamaica Stock Exchange main indices lost ground as Carreras traded 1,047,855 units and fell 51 cents to $65 and Scotia Group gained 40 cents with 202,938 units changing hands at $30.40 as the leading trades.
At 10:30 am 25 securities traded, resulting in a volume of 1,482,024 shares changing hands. The average number of shares traded amounts to 59,281 units compared to 83,033 units on Thursday. The number of stocks falling so far amounts to 9 while the prices of 7 securities rose as the market continues to consolidate with no new major developments or news to move prices in one direction or the other.
Trading in the junior market was low with only 5 securities changing hands with less than 50,000 units in all.
The all Jamaica Composite Index dropped 387.45 points to 177,726.97 the Jamaica Stock Exchange Market Index slipped 346.45 points to 159,961.28, the Jamaica Stock Exchange combined index fell 613.90 points to close at 170,460.65 and the junior market index fell 28.51 points to 2,152.50.
JSE gains in early session – Wednesday
In early morning trading on the Jamaica Stock Exchange, the main market rose moderately but the junior market fell moderately.
Jetcon Corporation traded 2,000 shares and rose by 5 cents at a new high of $3.23, Knutsford Express Services traded 5,344 units at a new all-time high of $26, Jamaica Money Market Brokers 7.50% preference share traded 212,947 units at $2.10.
At 10:45 am 31 securities traded, resulting in a volume of 514,030 shares changing hands. The average number of shares traded amounts to 16,582 units compared to 40,010 units on Tuesday. The number of stocks falling so far amounts to 8 while the prices of 10 securities rose.
The all Jamaica Composite Index dropped 575.23 points to 177,931.33 the Jamaica Stock Exchange Market Index slipped 514.36 points to 160,144.02, the Jamaica Stock Exchange combined index 448.54 points to close at 171,094.88 and the junior market index fell 2.78 points to 2,197.79.
JSE down in early session – Tuesday
In early morning trading on the Jamaica Stock Exchange, on Tuesday
the main market dropped mildly but the junior market rose moderately.
Jamaica Money Market Brokers 7.50% preference share traded 487,033 units at $2.10 and was the only stock with volume over 100,000 units.
At 10:45 am 22 securities traded, resulting in a volume of 880,220 shares changing hands. The average number of shares traded amounts to 40,010 units compared to 16,570 units on Monday. The number of stocks falling is now at 4 while the prices of 9 securities rose.
The all Jamaica Composite Index dropped 299.28 points to 176,625.08 the Jamaica Stock Exchange Market Index slipped 267.60 points to 158,976.00, the Jamaica Stock Exchange combined index dived 50.39 points to close at 170,310.33 and the junior market index rose 19.29 points to 2,226.92.
