The Jamaica stock market recorded small gains in early trading, in the main and junior markets. A total of 27 securities traded with 9 stocks rising and 8 declining as 1,112,484 units traded.
At 10:45 am, the all Jamaica Composite Index gained 7.16 points to 160,179.83, the JSE Market Index gained by 6.41 points to 144,264.34, the JSE combined index gained 20.50 points to 150,757.74 and the junior market index is up 1.62 points to 1,629.49.
Interesting trades, with 75 minutes having elapsed are, Gleaner that fell to $1.25 cents with 202,000 units trading, the decline in the stock is a sign that a number of investors are not sold on the merger of the Gleaner Media and Radio Jamaica. Jamaica Broilers added $1.90 to the last price on Wednesday to be at $10.50, National Commercial Bank had traded 111,750 shares up to $39.70, but with 2,000 additional shares traded, the price was down to at $38.51. In the junior market AMG Packaging and Caribbean Flavours traded at a new highs of $7.50 and $9.30 respectively.
JSE inches up in early trading
Jamaican stocks churning forward
JSE stock traded at a new high on Wednesday
The junior market accounted for 2,721,358 units, valued at $9,118,051 as 11 stocks gained, 14 declined, 1 stock closed at a 52 weeks’ high and 2 traded at an intraday high but pulled back before the close.
While the main market indices rose, the gains were very low at under 300 points each with the JSE Market Index climbing just 53.41 points to 144,257.93, the all Jamaica Composite Index rose a mere 59.69 points to end at 160,172.67 and the JSE combined index added 287.46 points thanks to gains in the junior market to close at 150,737.24.
Notwithstanding today’s gains, the main market faces the next test at 165,000 points level, on the all Jamaica composite index.IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a good reading of 15 stocks with bids higher than their last selling prices and 3 with lower offers.
In trading, Cable and Wireless rose 1 cent with only 110,997 units changing hands to close at $1.31, Caribbean Cement closed trading at $18.20, with 25,936 shares changing hands. Carreras fell 85 cents in closing at $59.05 with a mere 250 units trading, Ciboney traded at 27 cents with 215,700 units changing hands, Grace Kennedy declined by $1, with 3,246 units changing hands, to finish at $78. Jamaica Broilers traded at a 52 weeks’ high of $10.50, by the close the price fell 65 cents in trading 65,576 shares, to close at $8.60, Jamaica Producers jumped $2.99 in trading 3,125 units at $31, the Jamaica Stock Exchange shares traded 23,288 units at $19, but traded at a new intraday 52 weeks’ high of $19.05.
Kingston Wharves saw trading in 5,500 shares at $11.40 as the price slipped 10 cents, Mayberry Investments gained 30 cents with 400,114 units changing hands to end at $5, National Commercial Bank fell 14 cents and ended at $38.36 with 17,175 units changing hands, Pan Jamaican Investment had 4,581 units changing hands at $93. Radio Jamaica rose by 60 cents and landed at $3.60 with 24,000 shares trading, Sagicor Group closed with 1,867,437 units changing hands but the price fell by 25 cents to end at $16.75, Scotia Group dropped $1.89 with 55,916 shares changing hands at $28.11. Seprod traded 5,000 shares at $20.50, Supreme Ventures fell 30 cents to end at $4.35 with 61,988 units changing hands and Proven Investments fell 0.9 US cent as 37,468 shares traded to close at 22 US cents.
15 up 15 down on Tuesday
Scotia Group traded at an intraday 52 weeks’ high of $30.99.
The JSE Market Index climbed 845.57 points to 144,204.52, the all Jamaica Composite Index rose 944.97 points to end at 160,112.98 and the JSE combined index added 554.46 points to close at 150,449.78. Notwithstanding today’s gains, the main market faces the next test at 165,000 points level, on the all Jamaica composite index.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 8 stocks with bids higher than their last selling prices and 4 with lower offers.
In trading, Berger Paints rose by 10 cents in trading 29,253 units at $3.40, Cable and Wireless fell 3 cents with only 138,174 units changing hands and closed at $1.30, Caribbean Cement fell 40 cents and closed trading at $18.20, with 10,731 shares changing hands.
Carreras rose $2.90 and closed at $59.90 with 26,654 units trading, Ciboney traded at 27 cents at the close with 114,749 units changing hands after rising 5 cents, Grace Kennedy gained $2.50 with 5,250 units changing hands, to finish at a 52 weeks’ high of $79, Jamaica Broilers fell 65 cents in trading 2,098,850 shares, to close at $9.25. Jamaica Producers was up 1 cent in trading 50,066 units at $28.01, Jamaica Stock Exchange shares rose by a cent in trading 19,449 units at $19 for a new closing 52 weeks’ high, Kingston Wharves saw trading in 100,000 shares at $11.50 as the price gained 30 cents, Mayberry Investments closed with 169,517 units changing hands at $4.70. National Commercial Bank rose 45 cents and ended at $38.50 with 153,879 units changing hands, Pan Jamaican Investment had 87,343 units changing hands at $93, with a rise of 90 cents, Pulse Investments traded 48,666 shares with the price climbing 20 cents to close at $2.50, Radio Jamaica lost 80 cents and landed at $3 with 1,000 shares trading. Sagicor Group with 113,949 units changing hands ended at $17, Salada Foods gained 21 cents and closed at $9.01 while trading 60,000 shares, Scotia Group jumped $1.50 with 217,472 shares changing hands and ended at $30. 
The banking group traded at an intraday high of $30.99, Scotia Investments dipped $1.05 with 1,000 units trading and closed at $28.95, Seprod traded 81,599 shares and lost 5 cents in closing at $20.50, Supreme Ventures fell 30 cents to end at $4.35 with 61,988 units changing hands. Proven Investments had 25,000 shares trading at 22.9 US cents, followed by Jamaica Money Market Brokers 7.50% preference share, enjoyed a good day of trading, with 808,320 units changing hands at $1.90 and Jamaica Money Market Brokers 8.75% preference share ended with 707,438 units changing hands at $2.89, with the price slipping a cent.
Majors up juniors down on JSE in early trading
The Jamaica stock market has recorded mixed fortunes in early trading as the main market recorded gains in the main indices while the junior fell marginally.
A total of 28 securities traded as 14 stocks rose and 10 declined as 2,251,318 units traded.
At 10:45 am, the all Jamaica Composite Index is climbed 605.13 points to 159,773.14, the JSE Market Index rose 541.48 points to 143,900.43 the JSE combined index gained 462.15 points to be at 150,357.47 and the junior market index was down 5.50 points to 1,623.24.
Interesting trades, with 75 minutes having elapsed, National Commercial Bank traded 150,000 shares at $38..37, Scotia Group traded as high as $30.99 but fell back to $29 as the price rose by 50 cents, Lasco Manufacturing traded 381,180 at $3 and Pan Jam had 86,693 units trading at $92.21.
JSE gains over 1,000 points on Monday
The JSE stock traded at a new 52 weeks’ high of $19 on Monday and gained over 1,100% for 2015
The JSE Market Index climbed 1,000.11 points to 143,358.95, the all Jamaica Composite Index rose 1,117.69 points to end at 159,168.01 and the JSE combined index recovered 1,122.82 points to close at 149,895.32. Notwithstanding today’s gains, the main market faces the next test at 165,000 points level, on the all Jamaica composite index.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 13 stocks with bids higher than their last selling prices and 3 with lower offers.In trading, Barita Investments traded 14,770 units at $3.80, Cable and Wireless gained 5 cents and closed with 627,319 units changing hands at $1.33, after trading as high as $1.45, Caribbean Cement gained 60 cents and closed trading at $18.60, with 22,709 shares changing hands. Carreras rose 90 cents and closed at $57 with 208 units trading, Ciboney traded at 22 cents at the close with 459,210 units changing hands after losing 4 cents. The stock traded at an intraday high of 29 cents. Gleaner traded 30,760 units at $1.40, Grace Kennedy ended with 91,743 units changing hands, to finish with a fall of $1.50 at $76.50, Jamaica Broilers jumped $1.49 in trading 146,083 shares, to close at a 52 weeks’ high of $9.99.
Jamaica Producers lost $2 in trading 16,022 units at $28, Jamaica Stock Exchange shares traded 12,050 units at $18.99 for a new closing 52 weeks’ high, with 1,110 percent gain since the start of the year. National Commercial Bank rose 5 cents and ended at $38.05 with just 4,637 units changing hands, Pulse Investments traded 39,414 shares with a rise of 4 cents to close at $2.30, Radio Jamaica lost 26 cents and landed at $3.80 with 2,342 shares trading, Sagicor Group with 51,550 units changing hands ended at $17 after rising 46 cents. Scotia Group lost 50 cents with 27,248 shares changing hands and ended at $28.50, Scotia Investments climbed $3 with 20,242 units trading and closed at $30 and Supreme Ventures fell 20 cents and ended at $4.65 with 83,530 units changing hands.
JSE up sharply in early trading
The Jamaica Stock Market has recorded a sharp rise in early trading as 18 stocks rose, landing the main indices at more than 1,900 points above Friday’s close, the junior market also recorded gains. A total of 5 stocks have traded at new highs.
Activity so far led to 1,931,843 units trading with 25 securities traded as 18 stocks rose and only 3 declined.
At 11 am, the all Jamaica Composite Index is climbed 2,231.55 points to 160,281.87, the JSE Market Index rose 1,996.81 points to 144,355.65 the JSE combined index gained 2,176.34 points to be at 150,948.84 and the junior market index was down 32.60 points to 1,641.24.
With 90 minutes of trading having elapsed, three junior market stocks changed hands at new 52 weeks’ high as AMG Packaging traded 662 units at $7 for the first time, Dolphin Cove had just 300 shares trading at a new high of $17, Knutsford Express also traded at a new high with 300 shares at $11 and so did Lasco Distributors with 2,426 shares at $4.65. Lasco Manufacturing traded 1,464,667 at $3.38 and the Jamaica Stock Exchange traded 5,000 units at $19 for a new high with 1,110 percent gain since the start of the year.
JSE drops nearly 2,000 points on Friday
The main market recorded big losses in on Friday, pushing the indices down sharply, with only 30 securities trading on Friday. The market closed with 5,339,621 units valued at $84,347,998 changing hands, in all market segments. A total of 7 stocks gained, 13 declined as 1 stock closed at a 52 weeks’ high.
The main market had strong gains over the past two days, helped on Friday by Scotia Group rising to $30, from $28. The JSE Market Index fell 1,784.13 points to 142,358.84, the all Jamaica Composite Index climbed 1,993.87 points to end at 158,050.32 and the JSE combined index dropped 1,998.71 points to close at 148,772.50. The market having broken through the 155,000 points resistance level on the all Jamaica chart faces the next test at 165,000, which could contain any strong upward movement over the next few trading sessions.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 15 stocks with bids higher than their last selling prices and 4 with lower offers.
In trading, Cable and Wireless lost 10 cents and closed with 1,884,409 units changing hands at $1.28 after trading as high as $1.45, Caribbean Cement closed trading at $18 having with 25,850 shares changing hands. Carreras lost 40 cents and closed at $56.10 with 3,773 units trading. Grace Kennedy ended with 783,581 units changing hands, to finish at $78, Jamaica Broilers fell 30 cents in trading 657,940 shares, to close at $8.50. Jamaica Producers lost $1.50 in trading 596 units at $30.50, Mayberry Investments traded 300,000 units to end at $4.70,
National Commercial Bank lost 50 cents and ended at $38 with 58,910 units changing hands, Pulse Investments traded 96,506 shares with a rise of 1 cent to close at $2.26, Sagicor Group with 107,647 units changing hands ended at $16.54. Scotia Group lost $1 with 96,044 shares changing hands and ended at $29, Scotia Investments dropped $3 with 4,000 units trading and closed at $27. Supreme Ventures fell 5 cents and ended at $4.85 with 220,000 units changing hands, Jamaica Money Market Brokers 7.50% preference share, traded 20,000 units at $1.90 and Jamaica Money Market Brokers 8.750% preference share, traded 42,000 units at $2.90 with the rise of 15 cents.
New record close for JSE – Thursday
Scotia Group closed at a 52 weeks’ high on Thursday of $30.
The main market had strong gains over the past two days, helped on Thursday by Scotia Group rising to $30, from $28. The JSE Market Index rose 1,510.31 points to 144,142.97 the all Jamaica Composite Index climbed 1,687.86 points to end at 160,044.19 and the JSE combined index gained 1,446.03 points to close at 150,771.21. The market having broken through the 155,000 points resistance level on the all Jamaica chart faces the next test at 165,000 which is not far off, which could contain any strong upward movement over the next few trading sessions.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 9 stocks with bids higher than their last selling prices and 5 with lower offers.In trading, Cable and Wireless lost 2 cents and closed with 1,579,942 units changing hands at $1.38 after trading as high as $1.49, Caribbean Cement closed trading at $18 having risen 18 cents with 156,792 shares changing hands. Carreras rose 5 cents and closed at $56.50 with 5,817 units trading. Ciboney lost 1 cent and ended at 26 cents with 213,316 shares changing hands, Desnoes & Geddes had 68,514 units trading at the close at $30. Gleaner Company traded 17,272 shares at $1.40, Grace Kennedy ended with at a 52 weeks’ closing high with only 399 units changing hands, the stock price rose $1 to finish at $78,
Jamaica Broilers gained 50 cents in trading 15,963 shares, to close at $8.80. JMMB Group traded 1,080,760 shares, to close at $10, Kingston Wharves traded 22,945 units to end at $11.20, after shedding 15 cents, National Commercial Bank lost $1.35 and ended at $38.50 with 42,711 units changing hands, Sagicor Group with 90,677 units ended at $16.54. Scotia Group had 146,486 shares changing hands at a 52 weeks’ high of $30, to record a gain of $2, the stock traded at these levels way back in 2005, Seprod had 11,790 units trading with a gain of $1.95 to close at a 52 weeks’ high of $20.55 and Supreme Ventures gained 18 cents and ended at $4.90, with 573,000 units changing hands.
