Trading, early Friday morning on the Jamaica Stock Exchange has been slow and moderate with Sagicor Group in trading 447,579 at $23 being the volume leader followed by Caribbean Cement in exchanging 250,000 shares at $22.
Cable & Wireless with 87,517 units trading at $1.23 and Iron Rock Insurance that traded 59,000 shares at $3.20. Iron Rock still has 4,616,395 units on the bid to buy at $3.20.
Jamaica Stock Exchange 31,416 shares that is in the news today with the chairman indicated that the board is discussing the possibility of a stock split traded 12,500 units at $20.80, 5 cents higher that Thursday’s closing price, Jetcon Corporation has bids to buy 209,805 shares at $2.65, after it traded 49,096 units up to $2.70.
Trading resulted in activity in 23 securities, accounting for a volume of 1,039,390 shares compared to as 8 stocks gained and 7 declined. The average number of shares traded amounts to 45,191 units compared to an average of 27,480 units on Thursday.
After 80 minutes of trading in the early morning session, on Friday, the all Jamaica Composite Index fell 29.36 points to 177,572.47, the Jamaica Stock Exchange Market Index dipped 26.26 points to 159,823.16, the Jamaica Stock Exchange combined index rose 132.26 to close at 171,140.00 points andthe junior market index rose 15.18 points to 2,230.94.
Slow JSE trading early Friday
Moderate Thursday morning trading
Trading, early Thursday morning on the Jamaica Stock Exchange has been moderate with only Cable & Wireless (C&W) with 430,076 units trading at $1.33 clearing the 100,000 shares mark.
C&W gained 18 cents in trading from the last traded price on Wednesday. The main market recorded gains in the main indices while the junior index incurred a loss.
Trading resulted in activity in 21 securities, accounting for a volume of 577,084 shares compared to 965,106 units on Wednesday as 8 stocks gained and 5 declined. The average number of shares traded amounts to 27,480 units compared to an average of 115,357 units on Wednesday.
After 75 minutes of trading in the early morning session, on Thursday, the all Jamaica Composite Index climbed 375.52 points to 176,929.97, the Jamaica Stock Exchange Market Index gained 335.77 points to 159,248.68, the Jamaica Stock Exchange combined index rose 121.08 to close at 170,572.64 points andthe junior market index slipped 18.44 points to 2,223.68.
Scotia’s big trade – Wednesday
Interest picked up in early Wednesday morning trading on the Jamaica Stock Exchange with as Scotia Group dominated the early trades with 2,291,393 shares at $30.50.
Cable & Wireless had 110,909 units trading at $1.20, Jamaica Broilers Group traded 510,879 units at $14.50, JMMB
Group had 229,042 ordinary shares trading at $9.80 and AMG Packaging had 124,000 shares changing hands at $13. Salada Foods traded 90,000 shares at $8 and Berger Paints traded 65,938 at $4.38.
The main market recorded gains in the main indices while the junior index incurred a small loss so far.
Trading resulted in activity in 32 securities, accounting for a volume of 3,691,417 shares compared to 965,106 units on Tuesday as 6 stocks gained and 9 declined. The average number of shares traded amounts to 115,357 units compared to an average of 41,961 units on Tuesday.
After 75 minutes of trading in the early morning session, on Wednesday, the all Jamaica Composite Index climbed 290.60 points to 177,608.58, the Jamaica Stock Exchange Market Index gained 259.84 points to 159,855.46, the Jamaica Stock Exchange combined index rose 235.26 to close at 171,384.60 points and the junior market index slipped 0.54 points to 2,251.76.
Kremi in demand but main market falls- Tuesday
Junior market listed IC Insider’s BUY RATED Caribbean Cream
is in strong demand in early Tuesday morning trading on the Jamaica Stock Exchange, with 571,271 units changing hands at $5, followed by Scotia Group with 163,233 shares at $30.75. No other stock reached the 100,000 unit mark.
The main market suffered a reversal of Monday’s gains while the junior market index gained.
Trading resulted in activity in 21 securities, accounting for a volume of 965,106 units as 8 stocks gained and 6 declined. The average number of shares traded amounts to just units 41,961 compared to an average of 14,733 units on Monday.
After 75 minutes of trading in the early morning session, on Tuesday, the all Jamaica Composite Index dropped 1,559.23 points to 177,151.24, the Jamaica Stock Exchange Market Index dipped 1,394.18 points to 159,446.52, the Jamaica Stock Exchange combined index dived 1,217.73 to close at 171,065.08 points andthe junior market index rose 7.22 points to 2,257.53.
Slow start to the week – Monday
The Jamaica stock market is off to a slow start for the week with low volumes in early Monday morning trading on the Jamaica Stock Exchange.
The leading trades are Radio Jamaica with 50,800 shares at $1.75 and Lasco Financial Services with 78,198 at $3.43 and tTech have 92,965 units changing hands at $4. Iron Rock Insurance has a bid to buy 4,676,395 shares at $3.23 but the stock has not traded so far.
Trading resulted in activity in 21 securities, accounting for a volume of 309,390 units as 6 stocks gained and 4 declined. The average number of shares traded amounts to just 14,733 units compared to an average of 132,153 units on Friday.
After 75 minutes of trading in the early morning session, on Monday, the all Jamaica Composite Index rose 306.23 points to 177,777.41, the JSE Market Index gained 273.81 points to 160,006.41, the JSE combined index climbed 263.72 to close at 171,568.14 points andthe junior market index rose a mere 0.96 points to 2,255.99.
Pan Jam at new high in early trades
Pan Jamaican Investment traded at $27.40 for a new high with 2.66 million shares and Jamaica Producers traded at $48 for a new 52 weeks’ high with 31,798 shares,
in early Friday morning trading on the Jamaica Stock Exchange.
Grace Kennedy traded 21,805 shares, with the price remaining unchanged at $125 with no stock now on offer.
Trading resulted in activity in 23 securities, accounting for a volume of 3,171,661 units as 11 stocks gained and 7 declined. The average number of shares traded amounts to just 132,153 units compared to an average of 63,724 units on Thursday.
After 75 minutes of trading in the early morning session, on Friday, the all Jamaica Composite Index rose 513.40 points to 177,880.98, the JSE Market Index gained 459.05 points to 160,099.02, the JSE combined index climbed 540.17 to close at 171,659.83 points and the junior market index rose 11.12 points to 2,256.56.
Grace drops $6.99 in early trades
Grace Kennedy headed back to $118, with a drop of $6.99 in early trading on the Jamaica Stock Exchange in the Tuesday morning session, while trading 7,052 shares changed hands. Cable & Wireless traded 103,278 shares at $1.29, Jamaica Money Market Brokers 7.50% preference traded 712,998 units at $2.15,
Lasco Distributors trade 200,337 shares at $8 and Lasco Manufacturing traded 606,845 units at $5.
Trading resulted in activity in 24 securities, accounting for a volume of 1,820,517 units as 6 stocks gained and 8 declined. The average number of shares traded amounts to just 75,855 units compared to an average of 30,397 units on Monday. Trading in Honey Bun was halted after the stock traded at $6.40, exceeding the 15 percent permitted before the circuit chips in.
After 75 minutes of trading in the early morning session, on Tuesday, the all Jamaica Composite Index dropped 267.58 points to 177,017.03, the JSE Market Index slipped 239.26 points to 159,326.52, the JSE combined index declined 113.59 to close at 170,828.95 points andthe junior market index rose 10.49 points to 2,245.42.
Producers hit new high of $46 – Monday
Trading in the early Monday morning session on the Jamaica Stock Exchange has been moderate, but with Lasco Manufacturing trading 158,997 units at $5.05
and Supreme Ventures trading 251,500 units at $4.75 to be the only two stocks trading over 100,000 units.
Lasco Distributors had 66,354 shares trading at $7.97 while Jamaica Producers traded 14,341 shares to hit a 52 weeks’ high of $46 as well as ISP Finance in trading at $3.50.
Trading resulted in activity in 26 securities, accounting for a volume of 790,330 units as 11 stocks gained and 8 declined. The average number of shares traded, amounts to just 30,397 units.
After 75 minutes of trading in the early morning session, on Monday, the all Jamaica Composite Index jumped 1,349.38 points to 178,863.59, the JSE Market Index jumped 1,206.55 points to 160,977.62, the JSE combined index climbed 1,119.15 to close at 172,249.14 points and the junior market index inched up 0.09 points to 2,234.74.

