The Main Market of the Jamaica Stock Exchange recovered close to half of the losses of the last two trading days, when nearly 5,000 points were lost on the all Jamaica Index on a day when advancing stocks were just edged out by decliners.
At the close of the market the JSE All Jamaican Composite Index rose 1,863.51 points to 312,160.87 and the JSE Index gained 1,697.87 points to 284,413.84.
Main market activities ended with 9 stocks rising, 10 declining and 3 trading firm as 22 securities traded down from 24 securities on Friday.
Market activity ended with 3,228,645 units valued at $37,292,283, in contrast to 3,151,082 units for $55,743,394 on Friday. Activity in the US dollar market ended with 1 security trading, resulting in Proven Investments trading 311,462 units, with a value of US$68,526 and the JSE US Equities Index closing with a loss of 4.67 points to 168.76.
Trading ended with an average of 146,757 units for an average of $1,695,104 in contrast to 137,004 units for an average of $2,423,626 on Friday. The average volume and value for the month to date amounts to 285,526 units valued at 7,299,578 and previously 297,178 units valued at 7,824,252. December closed with average of 686,156 units valued at an average of $8,654,832 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and 3 with lower offers.
The major movers at the close of the market are, the two recently listed companies that continue to be in good demand with Victoria Mutual Investments trading 489,507 units and Wisynco Group exchanging 1.1 million units trading. Price changes saw Berger Paint falling $1 to $17, JMMB Group rose $1.20 higher to $25 Kingston Properties fell $1.70 to $6, Pan Jam Investment gained $1 to $41.50, and Sagicor Group rose $1 to $36.
For more details of market activities see – Wisynco still trading more than 1m shares.
Wisynco still trading more than 1m shares
Recent listings, Victoria Mutual Investments and Wisynco Group remain two of the leading trades in the main market of the Jamaica Stock Exchange on Monday, with Wisynco being the lead trade with VM Investment holding third.
Market activity ended with 23 securities changing hands, of which 9 advanced, 10 declined, 3 traded firm leading to 3,228,645 units valued at $37,292,283 changing hands.
At the close of trading, the JSE All Jamaican Composite Index advanced by 1,863.51 points to 312,160.87 and the JSE Index rose 1,697.87 points to 284,413.84.
In main market activity, Berger Paints closed with a loss of 1 cent at $17, with 10,200 shares, Cable & Wireless concluded trading 2 cents higher at $1.32, with 231,000 units, Carreras finished with a loss of 1 cent at $11.29, with 179,723 shares, Grace Kennedy traded with a loss of 36 cents at $43, with 550 stock units, Jamaica Broilers finished trading with a loss of 26 cents at $17.24, with 17,752 units. Jamaica Producers closed 20 cents higher at $16.70, with 5,850 shares, JMMB Group concluded trading $1.20 higher at $25, with 32,934 shares, Kingston Properties finished with a loss of $1.70 to end at $6, with 1,834 stock units, Kingston Wharves settled 35 cents higher at $31.50, with 3,070 units. Mayberry Investments ended trading with a loss of 30 cents at $6.70, with 82,093 shares, NCB Financial Group traded 48 cents higher at $99.50, with 55,429 shares, 138 Student Living ended at $6, with 767 shares, PanJam Investment ended $1 higher at $41.50, with 1,000 units, Portland JSX concluded trading with a loss of 5 cents at $10.70, with 2,000 shares. 
Pulse Investments finished 20 cents higher at $2.10, with 27,500 shares, Radio Jamaica settled at $1.10, with 40,084 shares, Sagicor Group ended trading $1 higher at $36, with 5,060 stock units, Scotia Group finished trading at $50.50, with 16,044 shares. Supreme Ventures concluded trading with a loss of 30 cents at $11.70, with 2,000 stock units, VM Investments finished with a loss of 5 cents at $4.10, with 489,507 units, Wisynco Group settled with a loss of 27 cents at $9.75, with 1,107,314 shares and Sagicor Real Estate Fund ended trading 25 cents higher at $14.25, with 916,934 shares.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “Main market stocks bounce on Monday.”
VM Investments & Wisynco in demand but
NCB Capital Markets Manager, Stanley Thompson (left) exchanges laughs with Wisynco Group Chairman William Mahfood.
Victoria Mutual Investments and Wisynco Group may not have traded shares in the millions on Jamaica Stock Exchange on Friday but demand placed them at number 2 and 3 in volume traded.
Demand was such on Friday that they were the second and third highest volume traded in the market accounting for just 977,000 units versus 3.57 million on Thursday.
Market activity ended with 23 securities changing hands, of which 5 advanced, 13 declined, 5 traded firm leading to 3,151,082 units for an average of $55,743,394 changing hands.
At the close of trading, the JSE All Jamaican Composite Index dived 2,332.02 points to 312,808.10 and the JSE Index dropped by 2,124.73 points to 285,003.54.
In main market activity, Berger Paints closed $1 higher at $18, with 2,410 shares, Barita Investments ended with a loss of 16 cents at $8.50, with 18,715 stock units, Cable & Wireless concluded trading at $1.30, with 210,965 units, Carreras finished with a loss of 5 cents at $11.30, with 160,130 shares, Grace Kennedy traded 36 cents higher at $43.36, with 43,901 stock units. Jamaica Broilers finished trading with a loss of 50 cents at $17.50, with 17,659 units, Jamaica Producers closed with a loss of 20 cents at $16.50, with 6,639 shares, Jamaica Stock Exchange ended at $6.95, with 41,887 shares, JMMB Group concluded trading with a loss of 52 cents at $23.80, with 1,142,852 shares changing hands. Kingston Wharves settled with a loss of $1.85 at $31.15, with 1,271 units, Mayberry Investments ended trading with a loss of 35 cents at $7, with 46,000 shares, NCB Financial Group traded with a loss of 48 cents at $99.02, with 44,706 shares, 1834 Investments finished trading at $1.27, with 620 shares. 
PanJam Investment ended with a loss of 52 cents at $40.50, with 20,001 units, Pulse Investments finished with a loss of 10 cents at $1.90, with 24,330 shares, Radio Jamaica settled 2 cents higher at $1.10, with 50,600 shares, Sagicor Group ended trading with a loss of 40 cents at $35, with 108,464 stock units. Sagicor Real Estate Fund ended trading at $14, with 4,418 shares, Scotia Group finished trading with a loss of 91 cents at $50.50, with 60,457 shares, Seprod closed with a loss of 95 cents at $29, with 100,120 shares, Supreme Ventures concluded trading at $12, with 67,497 stock units, VM Investments Limited finished 15 cents higher at $4.15, with 403,301 units, Wisynco Group settled 2 cents higher at $10.02, with 574,139 shares.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “Main market drops sharply again – Friday.”
Main market drops sharply again – Friday
The Main market of the Jamaica Stock Exchange suffered another day of a sharp fall in the market indices in trading on Friday, with more prices rising and less falling than on Thursday.
The market closed with the JSE All Jamaican Composite Index dropping 2,510.74 points to 310,297.36 and the JSE Index dived 2,287.57 points to 282,715.97.
Main market activities ended with 5 stocks rising, 13 declining and 6 trading firm as 24 securities traded down from 26 securities on Thursday. Activity in the US dollar market ended with 1 security trading result in only 800 units exchanged, with a value of US$896 and the JSE US Equities Index closing unchanged at 173.43.
Victoria Mutual Investments and Wisynco Group continue to be dominant trades but with less than 1 million units trading on Friday combined versus 3.57 million units changing hands on Thursday.
Market activity ended with 3,151,082 units valued at $55,743,394 in contrast to as 5,110,001 units, with a value of $69,365,564 on Thursday.
The average trade ended at 137,004 units for an average of $2,423,626 in contrast to 196,539 units for an average of $2,667,906 on Thursday. The average volume and value for the month to date amounts to 297,178 units valued at 7,824,252 and previously 312,593 units valued at 8,410,169. December closed with average of 686,156 units valued at an average of $8,654,832 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and 2 with lower offers.
Activity in the US dollar market ended with 800 shares trading for JMMB Group 6 percent preference share at US$1.12.
The major movers at the close of the market are, JMMB Group trading 1.14 million shares, Wisynco closed trading 574,000 shares and Victoria Mutual Investments 403,000 units. Price changes saw Berger Paint rising $1 to $18, Kingston Wharves falling $1.85 to $31.15.
For more details of market activities see – VM Investments & Wisynco still in demand.
10 JSE stocks fall 9 rise – Thursday
Trading on the Main Market of the Jamaica Stock Exchange ended on Thursday with more prices rising and less falling than on Wednesday leading to the JSE All Jamaican Composite Index dropping 2,332.02 points to 312,808.10 and the JSE Index dived 2,124.73 points to 285,003.54.
Main market activities ended with 8 stocks advanced, 10 declined and 8 traded firm as 26 securities traded down from 27 securities on Wednesday. Overall, trading resulted in 5,110,001 units exchanged with a value of $69,365,564 compared with 4,274,854 shares valued at $51,868,008 previously. Activity in the US dollar market ended with 2 securities trading result in 52,073 units exchanged, with a value of US$22,111.
Wisynco producers of Wata, traded 2.47 million shares on Thursday.
Victoria Mutual Investments and Wisynco Group continue to dominate trading with 3.57 million units changing hands versus 3.14 million on Wednesday.
The average trade ended at 196,539 units for $2,667,906, in contrast to 158,328 units for an average of $1,921,037 on Wednesday. The average volume and value for the month to date amounts to 312,593 units valued at 8,410,169 and previously 326,759 units valued at $9,212,851. December closed with average of 686,156 units valued at an average of $8,654,832 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with bids higher than their last selling prices and 4 with lower offers.
Activity in the US dollar market ended with Productivity Business closing at 55 cents with 31,673 shares traded and Proven Investments ordinary share exchanging 20,400 units with a rise of 1 cent to close at 23 US cents. The JSE US Equities Index closed up 3.69 points at 173.43.
The major movers at the close of the market are, Wisynco closed trading with 2.47 million shares with the price ending $10. Victoria Mutual Investments that was one of the leading volume trader for a number of days still remained in the number 2 spot with 1.1 million shares. Caribbean Cement dropped $1.95 to $32.05, Proven Investments ordinary share traded in Jamaica market at $26, up $1.
For more details of market activities see – Investors still love VM Investments & Wisynco.
Investors still love VM Investments & Wisynco
Wisynco traded 2.47m shares on Thursday
Investors’ appetite for the recently listed Victoria Mutual Investments and Wisynco Group continue to be strong on Thursday in trading on Jamaica Stock Exchange with the volume traded rising to 3.57 million units changing hands versus 3.14 million on Wednesday, with the two dominating with the highest volume in the market.
At the close of trading, the JSE All Jamaican Composite Index declined by 2,332.02 points to 312,808.10 and the JSE Index declined by 2,124.73 points to 285,003.54.
Market activity ended with 26 securities changing hands, of which 8 advanced, 10 declined, 8 traded firm as 5,110,001 units traded with a value of $69,365,564.
In the main market activity, Berger Paints closed with a loss of 80 cents at $17, with 13,100 shares, Cable & Wireless concluded trading with a loss of 5 cents at $1.30, with 78,379 units, Carreras finished 5 cents higher at $11.35, with 80,668 shares, Caribbean Cement settled with a loss of $1.95 at $32.05, with 34,189 shares, Ciboney Group ended trading with a loss of 2 cents at 35 cents, with 500 shares. Grace Kennedy traded at $43, with 50,273 stock units, Jamaica Broilers finished trading 10 cents higher at $18, with 48,273 units, Jamaica Producers closed 10 cents higher at $16.70, with 7,844 shares, Jamaica Stock Exchange ended with a loss of 5 cents at $6.95, with 18,113 shares. JMMB Group concluded trading with a loss of 68 cents at $24.32, with 71,524 shares, Mayberry Investments ended trading 15 cents higher at $7.35, with 2,000 shares, NCB Financial Group traded with a loss of 13 cents at $99.50, with 27,857 shares, 1834 Investments finished trading with a loss of 1 cent at $1.27, with 3,800 shares. PanJam Investment ended 2 cents higher at $41.02, with 7,500 units, 
Pulse Investments finished at $2, with 37,000 shares, Sagicor Group ended trading with a loss of 60 cents at $35.40, with 662,632 stock units, Salada Foods traded at $11, with 232 units. Scotia Group finished trading at $51.41, with 34,171 shares, Seprod closed at $29.95, with 27,900 shares, Supreme Ventures concluded trading 1 cent higher at $12, with 278,963 stock units, VM Investments Limited finished 9 cents higher at $4, with 1,099,190 units. Wisynco Group settled at $10, with 2,467,837 shares and Sagicor Real Estate Fund ended trading with a loss of 60 cents at $14, with 42,856 shares. In the main market preference segment, Jamaica Money Market Brokers 7.5% closed at $1.80, with 15,000 stock units, Proven Investments 8.25% settled at $5.90, with 100 units.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “10 JSE stocks fall 9 rise – Thursday.”
VM Investments & Wisynco dominate again
VM Investments volume falls, still number 2.
Investors’ appetite for the recently listed Victoria Mutual Investments and Wisynco Group fell on Wednesday in trading on Jamaica Stock Exchange with the prices declining by the close, but the stocks still dominated trading with the highest volume in the market.
At the close of trading, the JSE All Jamaican Composite Index advanced 760.62 points to 315,140.12 and the JSE Index climbed 693.01 points to 287,128.27 in spite of a negative advance decline ratio.
Market activity ended with 25 securities changing hands, of which 5 advanced, 18 declined, 4 traded firm. A total of 4,274,854 units valued at $51,868,008 traded on Wednesday.
In the main market activity, Barita Investments ended 7 cents higher at $8.66, with 4,351 stock units, Berger Paints closed with a loss of 20 cents at $17.80, with 415 shares, Cable & Wireless concluded trading 4 cents higher at $1.35, with 247,619 units, Carreras finished at $11.30, with 139,489 shares, Caribbean Cement settled with a loss of 1 cent at $34, with 13,524 shares. Grace Kennedy traded with a loss of 50 cents at $43, with 20,083 units, Jamaica Broilers finished trading with a loss of 10 cents at $17.90, with 5,148 shares, Jamaica Producers closed with a loss of 10 cents at $16.60, with 3,030 shares, Jamaica Stock Exchange ended at $7, with 161,816 stock units. JMMB Group concluded trading at $25, with 19,159 units, Kingston Wharves settled with a loss of 99 cents at $33, with 21,185 shares, Mayberry Investments ended trading with a loss of 20 cents at $7.20, with 31,959 stock units, NCB Financial Group traded with a loss of 17 cents at $99.63, with 90,780 units. 1834 Investments finished trading with a loss of 13 cents at $1.28, with 800 shares, Student Living concluded trading with a loss of 8 cents at $6, with 1,000 units. PanJam Investment ended with a loss of 50 cents at $41, with 73,255 stock units, 
Portland JSX concluded trading with a loss of 25 cents at $10.75, with 2,000 units, Pulse Investments finished with a loss of 20 cents at $2, with 53,218 shares. Radio Jamaica settled with a loss of 2 cents at $1.08, with 42,122 shares, Sagicor Group ended trading 51 cents higher at $36, with 81,110 stock units, Scotia Group finished trading $1.31 higher at $51.41, with 55,140 shares, Seprod concluded trading with a loss of 5 cents at $29.95, with 3,590 units. Supreme Ventures settled with a loss of 1 cent at $11.99, with 48,975 shares, VM Investments Limited ended trading with a loss of 7 cents at $3.91, with 704,278 stock units, Wisynco Group traded with a loss of 20 cents at $10, with 2,440,080 units and Sagicor Real Estate Fund finished trading 10 cents higher at $14.60, with 10,628 shares. In the main market preference segment, 138 Student Living variable rate shares finished at $5.68, with 100 shares trading.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “20 JSE stocks fell 5 rise – Wednesday.”
20 JSE stocks fell 5 rise – Wednesday
Trading on the Main Market of the Jamaica Stock Exchange ended on Wednesday with the JSE All Jamaican Composite Index advancing by 760.62 points to 315,140.12 and the JSE Index advanced by 693.01 points to close at 287,128.27 as 5 advanced, 18 declined and 4 traded firm.
Market activity ended with 27 securities changing hands, with 4,274,854 units valued at $51,868,008 compared to 9,412,814 units valued at $83,130,402 from 25 securities on Tuesday.
Market activity ended with 158,328 units for an average of $1,921,037 in contrast to 376,513 units for an average of $3,325,216 on Tuesday. The average volume and value for the month to date amounts to 326,759 units valued at $9,212,851 and previously 351,208 units valued at $10,451,084. December closed with average of 686,156 units valued at an average of $8,654,832 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with bids higher than their last selling prices and 5 with lower offers.
Activity in the US dollar market ended with Productivity Business closing with a loss of 2 cents at 55 cents with 1,500 shares traded and Proven Investments ordinary share, exchanging 2,530 units with a fall of 1 cent to close at 22 US cents, the total value of trading amounted to US$1,387. The JSE US Equities Index closed down 5.30 points at 169.74.
The major movers at the close of the market are, Wisynco closed trading with 2.44 million shares with the price ending $10, having retreated from a high of $13.80 shortly after trading. Caribbean Cement dropped $1 to $34, Kingston Wharves lost 99 cents to $33, Scotia Group gained $1.31 to $51.41. Victoria Mutual Investments that was one of the leading volume trader for a number of days still remained in the number 2 spot with 704,000 shares, down from well over 1 million units per day. The price of the two new listed companies have eased as demand abates and selling continues.
For more details of market activities see – VM Investments & Wisynco dominate again .
VM Invest & Wisynco still dominant – Tuesday
Victoria Mutual Investments and Wisynco Group that listed in late December on Jamaica Stock Exchange main market, continue to dominate trading with the highest volume, accounting for 7 million of the 9.4 million units traded on Tuesday up from 5.1 traded on Monday out of 7.4 million units.
Market activity ended with 25 securities changing hands, of which 11 advanced, 5 declined, 9 traded firm and Mayberry Investments trading at a 52 weeks’ high. A total of 9,412,814 units valued at $83,130,402 traded on Tuesday.
At the close of trading the JSE All Jamaican Composite Index slipped by 75.69 points to 314,379.50 and the JSE Index fell 68.97 points to close at 286,435.26.
In the main market activity, Barita Investments ended at $8.59, with 600 stock units, 
Berger Paints closed 20 cents higher at $18, with 51,279 shares, Cable & Wireless concluded trading at $1.31, with 285,660 units, Carreras finished with a loss of 13 cents at $11.30, with 39,486 shares, Caribbean Cement closed $1.38 higher at $35, with 14,545 shares trading. Grace Kennedy traded 50 cents higher at $43.50, with 42,979 units, Jamaica Broilers finished trading at $18, with 18,482 shares, Jamaica Producers closed 20 cents higher at $16.70, with 9,000 shares, Jamaica Stock Exchange ended at $7, with 27,000 stock units. JMMB Group concluded trading 65 cents higher at $25, with 294,549 units, Kingston Wharves settled 99 cents higher at $33.99, with 3,344 shares, Mayberry Investments ended trading 61 cents higher at $7.40, with 40,003 stock units, NCB Financial Group traded 80 cents higher at $99.80, with 48,329 units. PanJam Investment climbed $1.50 to $41.50, with 13,715 stock units, 
Pulse Investments finished 10 cents higher at $2.20, with 14,722 shares, Radio Jamaica settled at $1.10, with 27,986 shares traded, Sagicor Group ended trading 84 cents higher at $35.49, with 59,960 stock units. Scotia Group finished trading with a loss of $2.90 at $50.10, with 40,490 shares, Seprod closed at $30, with 157 shares, Supreme Ventures concluded trading at $12, with 127,053 units, VM Investments finished with a loss of 2 cents at $3.98, with 2,053,519 shares. Wisynco Group settled with a loss of 19 cents at $10.20, with 4,981,783 shares and Sagicor Real Estate Fund ended trading at $14.50, with 19,661 stock units.
In the main market preference segment, Jamaica Money Market 7.5% traded with a loss of 20 cents at $1.80, with 35,000 units, JMMB Group 7.5% closed at $1.16, with 1,163,512 shares.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “Advancing stocks 2 to 1 over decliners – Tuesday.”
Advancing stocks 2 to 1 over decliners – Tuesday
Wisynco traded 4.99m shares on Tuesday
Trading on the Main Market of the Jamaica Stock Exchange on Tuesday ended with a slight dip in the market indices even as advancing stocks beat declining ones just over a 2 to 1 ratio. Volume traded increased 27 percent but with 59 percent less value.
At the close, a $2.90 fall in the price of Scotia Group shares weighted down the indices, as the All Jamaican Composite Index slipped by 75.69 points to 314,379.50 and the JSE Index eased 68.97 points to close at 286,435.26.
Market activity ended with 25 securities changing hands, 11 advanced, 5 declined and 9 traded firm with 9,412,814 units valued at $83,130,402 compared to 7,415,575 units valued at $202,124,322 on from 27 securities on Monday.
Trading ended with an average of 376,513 units for an average of $3,325,216 in contrast to 264,842 units for an average of $7,218,726 on Monday. The average volume and value for the month to date amounts to 351,208 units valued at $10,451,084 and previously 417,253 units valued at $14,616,592. December closed with average of 686,156 units valued at an average of $8,654,832 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 7 with lower offers.
Trading in the US dollar market ended with Proven Investments ordinary share exchanging 7,200 units with a rise of 1 cent to close at 23 US cents with a value of US$1,652. The JSE US Equities Index closed at 175.04, down 0.14 points.
The major movers at the close of the market are, Victoria Mutual Investments and Wisynco continue to dominate trading with 2 million shares and 4.99 million shares respectively. Caribbean Cement jumped $1.38 to $35, Kingston Wharves rose 99 cents to $33.99, Mayberry Investments climbed 61 cents to $7.40 for a 52 weeks’ high, PanJam Investment climbed $1.50 to close at $41.50, Scotia Group dropped $2.90 to $50.10.
For more details of market activities see – VM Investments & Wisynco still dominant – Tuesday.
