The JSE off to robust start
The Jamaica stock market is off to a flying start on Tuesday with the all Jamaica index up 1,616 points as Cable & Wireless with units changing hands traded up to $1.80, but last traded at $1.76, Grace Kennedy rose to $75, National Commercial Bank traded at $37 and Pan Jamaican Investments is at $92.
The number of securities trading climbed sharply to 27 securities changing hands with a volume of 2,150,673 units as 10 stocks gained and 8 declined after 78 minutes of trading.
The All Jamaican Composite index gained 1,616.16 points to 155,132.81, the JSE Market Index climbed 1,446.15 points to 139,748.22 the JSE combined index rose 1,314.17 points to be at 146,502.93 and the junior market index declined 5.74 points to 1,630.51.
Subsequently Mayberry Investments trading more than 4 million shares up to $5 and C&W was up to $1.86.
JSE main market slips on Monday
The market closed with activity in 41 securities, leading to 9,839,984 units valued at $50,044,573 changing hands, in all market segments. A total of 15 securities rose and 12 declined with 4 stocks ending at 52 weeks’ closing high and 2 at intraday high.
The JSE Market Index fell 140.31 points to 138,302.07 the all Jamaica Composite Index declined 156.81 points to end at 153,516.65 and the JSE combined index eased by 20.44 points to end at 145,188.76.
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 2 with lower offers.
In trading, Barita Investments closed with a gain of 15 cents to $3.80 with 1,000 shares trading, Cable and Wireless close with 1,304,419 shares changing hands to close at $1.40 after rising to $1.49 in early trading. With the company’s parent having announced today that it has agreed to accept an offer from Liberty Global for the shares of CWC Plc interest could well build again in the local stock. Carreras rose $1 to end at $57 with 17,200 units trading, Ciboney gained 2 cents in closing at a 52 weeks’ high of 12 cents, Desnoes & Geddes ended with 269,196 shares trading at $30.02, Gleaner Company traded at 562,609 shares and gained 1 cent to end at $1.91. Jamaica Broilers traded 12,290 shares to close at $8.79 with a gain of 4 cents, JMMB Group lost 90 cents while trading 1,028,832 shares to close at $9.90. Mayberry Investments lost 4 cents and closed with 369,000 units trading with a loss of 5 cents at $4.30, National Commercial Bank close with 118,880 shares changing hands to end with a rise of $1 at $36 after trading at an intraday high of $37. Pulse Investments traded 229,058 shares with a decline of 20 cents for a close of $1.80, Sagicor Group lost 2 cents in trading 482,103 units at $16.43 at the close, Scotia Group ended with 8,029 shares changing hands, closed with a rise of 39 cents at $26.50. Supreme Ventures ended at a 52 weeks’ high $4.80 after adding 15 cents with 47,709 shares changing hands and Proven Investments ordinary share gained 2 US cents and ended at 23 US cents with 18,934 units changing hands. Jamaica Money Market Brokers 7.50% preference share traded 220,500 units at $2, Jamaica Money Market Brokers 8.50% preference share traded 1,313,000 units and ended at $3.49 with a gain of 4 cents.
The JSE in moderate trading
The Jamaica stock market is off to a relatively moderate start on Monday, but 11 securities in the junior market has so far traded. Trading in main market stocks resulted in two securities having over 100,000 units trading, as Cable & Wireless had 482,450 units changing hands at $1.48 and Desnoes & Geddes with 201,196 units at $30 but Caribbean Flavours had 318,048 units changing hands at $5. The junior market has 9 stocks with bids higher than the last selling price but supply is low with 11 securities having no stocks being offered for sale. This is a good indicator for prices to rise in this market segment.
The All Jamaican Composite index eased 208.35 points to 153,465.11 point, the JSE Market Index fell 186.43 points to 138,255.95 the JSE combined index lost 168.96 points to be at 145,040.24 and the junior market index inched up by 0.79 points to its highest level of 1,624.49.
The number of securities trading climbed sharply to 30 securities changing hands with a volume of 1,803,002 units as 6 stocks gained and 8 declined after 75 minutes of trading.
The JSE indices up in morning session
The Jamaica stock market is off to a relatively brisk start on Friday morning with the All Jamaican Composite index gaining 713.67 points to 154,298.93 point, the JSE Market Index gained 638.59 points to 139,002.05 the JSE combined index climbed 582.06 points to be at 145,644.14 and the junior market index eased by 2.34 points to its highest level of 1,613.23.
The number of securities trading remains around 30 mark in early trading with 30 securities changing hands with a volume of 5,998,014 units as 9 stocks gained and 9 declined after 75 minutes of trading. Cable and Wireless, the stock traded 4,151,780 units up to $1.50 but last traded at $1.45.
Profit results help rally Jamaican stocks
The Jamaica stock market made further gains on Thursday as investors continue to respond positively to the release of company results. The market closed with activity in 41 securities, leading to 16,060,816 units valued at $115,028,197 changing hands, in all market segments. A total of 14 securities rose and 11 declined with 5 stocks ending at 52 weeks’ closing high and 1 at intraday high.
The JSE Market Index rose 466.62 points to 138,363.46, the all Jamaica Composite Index gained 521.47 points to end at 153,585.26 and the JSE combined index increased by 704.78 points to end at 145,062.08.
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 11 stocks with bids higher than their last selling prices and none with lower offers.
In trading, Berger Paints closed at $3.80 with 36,600 shares trading, Cable and Wireless lost 5 cents, with 1,954,862 shares changing hands to close at $1.45. On offer were 4,120,449 shares at $1.50 with bid in at $1.45 to buy just 1,972 units. Caribbean Cement fell 20 cents to end at $17.80 with 339,495 shares changing hands. Carreras dropped 1 cent to end at $55.50 with 45,965 units trading, Gleaner traded 58,700 units at $1.90, Grace Kennedy closed at $74.97 after shedding by 3 cents with 162,604 shares changing hands, Jamaica Broilers traded 516,635 shares to close at $9.25. Jamaica Producers traded 20,776 shares as the price dropped $4 to end at $25, Jamaica Stock Exchange traded 10,500 shares at $14, JMMB Group closed 26,000 shares trading at $11. Mayberry Investments closed with 675,799 units trading at $4.39 with a loss of 1 cent, National Commercial Bank close with 357,912 shares changing hands to end with a rise of 50 cents at $34.50, Pan Jamaican rose 5 cents in trading 70,486 shares to end at $88.10. Pulse Investments traded 44,369 shares with a rise of 22 cents for new 52 weeks’ closing high of $1.72, Radio Jamaica closed 10 cents higher with 117,214 units at $5, Sagicor Group traded at $16.26 with 541,857 shares changing hands and lost 25 cents. Scotia Group ended with 196,030 shares changing hands and closed with a gain of 85 cents at $27.75, Supreme Ventures ended with 8,006,732 shares changing hands at $4.70 and Proven Investments ordinary share rose 1.2 US cents and ended at 23 US cents with 65,812 units changing hands.
Junior market breaks 1,600
The Jamaica stock market is off to a relatively slow start on Wednesday morning with the All Jamaican Composite index gaining 451.31 points to 152,639.66 point, the JSE Market Index gained 403.83 points to 137,517.33 the JSE combined index climbed 447.50 points to be at 144,165.19 and the junior market index rose 7.42 points to its highest level of 1,604.59.
The number of securities trading climbed sharply to 33 securities changing hands with a volume of 195,221,088 units as 12 stocks gained and 7 declined after 90 minutes of trading.
Notable trades took place in Cable and Wireless, the stock traded 1,189,730 units up to $1.44 but last traded at $1.35, Mayberry Investments crossed 190 million Caribbean Producers shares at $3.06, Jamaica Broilers traded 2,879,886 units at $9.20, Jamaica Producers traded at $25, in response to good results for the September quarter.