Big losses for JSE – Thursday

Mayberry Investments  traded  most shares on the JSE with 2,315,000 units.

Mayberry Investments traded most shares on the JSE with 2,315,000 units.

Trading on the Jamaica Stock Exchange slumped on Thursday with 35 securities changing hands and accounting for 10,054,395 units valued at $70,280,951, in all market segments. The junior market accounted for 3,938,670 shares valued at $14,970,710 as 14 stocks gained, 14 declined including 8 of the stocks rising and 2 declining, from the junior market.
The JSE Market Index plummeted 2,934.82 points to end at 149,511.26, the all Jamaica Composite Index dropped 3,282.21 points to 166,039.95 and the JSE combined index dived 2,789.11 points, to close at 160,263.58. The decline in the movement in the main market on Thursday, breaks the four consecutive trading days that the indices gained prior to today out turn.
JSE Sum 28-04-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 19 stocks with bids higher than their last selling prices and 5 with lower offers. The higher bids jumped sharply, but that is most likely associated with month end widow dressing.
At the end of market activities, Berger Paints traded 19,399 shares at $3.90, Cable & Wireless closed at $1.39, in trading 1,517,355 units, Caribbean Cement traded 29,736 shares and rose $2 to close at $28, Carreras fell 50 cents while trading 1,805 shares, to close at $62.50. Slimmed down Gleaner Company, now rebranded as 1834 Investments, lost 2 cents to close at a 52 weeks low, of 98 cents, Hardware and Lumber had 10,240 shares trading with a loss of 55 cents at $12.50, Jamaica Broilers had 22,805 units changing hands, to close with a gain of 50 cents at $14.50. Jamaica Stock Exchange traded 15,000 units and rose $1, to close at $22, JMMB Group traded 23,873 shares and shed 50 cents to end at $10, Kingston Wharves traded 6,174 shares to close at $11.20, with a loss of 10 cents, Mayberry Investments traded 2,315,000 shares but fell 58 cents to $3.32, National Commercial Bank lost 20 cents in trading 589,045 shares, to close at $39.80. JSE fn qts 28-04-16rPulse Investments traded 185,515 shares with a fall of 30 cents to close at $2.50, Radio Jamaica traded 94,200 shares and climbed 7 cents to close at $1.15, Sagicor Group fell 15 cents to end with 605,440 shares changing hands at $22.05, Sagicor Real Estate Fund traded 25,645 shares to close at $10.15 after falling 10 cents, Scotia Group closed with a loss of $2.99 to end at $31 while 20,164 units changed hands, Scotia Investments traded 115,465 shares to close at $25.50 and Supreme Ventures closed at $5.39 with 240,047 shares changing hands for a loss of 34 cents, Proven Investments closed with 24,500 ordinary shares trading and gained 2 US cents to 20 US cents and JMMB Group 7.50% preference shares ended with 1500,00 units trading at $1.04.

JSE slip in early trading – Thursday

Trading in the mid-morning session on the Jamaica Stock Exchange saw decline in the main and junior market indices with the advance decline ratio being nearly even.
JSE intra 28-04-16The leading trades in the morning session, include Cable and Wireless with 1,502,355 units, Jetcon Corporation with 836,487 units, Lasco Manufacturing 914,053 shares National Commercial Bank with 540,045 units ahead of today’s release of the March quarter results and dividend announcement.
After 90 minutes of trading, on Thursday, the average volume traded amounts to 149,862 units per active stock, compared to an average of 157,938 units traded in the mid-morning session on Wednesday. A total of 29 securities accounting for 4,346,000 shares changed hands as 7 stocks gained and 6 declined.
The market saw the all Jamaica Composite Index slipped 506.63 points to 168,815.53, the JSE Market Index fell 453.01 points to 151,993.07, the JSE combined index ended with a fall of 529.58 points to 162,523.11 and the junior market index declined 10.66 points to 2,099.24.

More gains for JSE stocks – Wednesday

Scotia Group jumped  $3.44 on Wednesday

Scotia Group jumped $3.44 on Wednesday

Trading on the Jamaica Stock Exchange picked up on Wednesday with 40 securities changing hands and accounting for 8,743,642 units valued at $60,215,797, in all market segments. The junior market accounted for 7,092,876 units valued at $25,938,952. A total of 16 stocks gained, 15 declined, with 10 of the stocks rising and 4 declining, from the junior market.
The JSE Market Index gained 1,175.25 points to end at 152,446.08, the all Jamaica Composite Index rose 1,314.36 points to 169,322.16 and the JSE combined index climbed 1,524.74 points, to close at 163,052.69.
The increased movement in the main market on Wednesday is the fourth consecutive trading days that the indices have gained.
JSE Sum 27-04-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 11 stocks with bids higher than their last selling prices and 6 with lower offers.
At the end of market activities, Cable & Wireless rose 4 cents to close at $1.39, in trading 41,211 units, Caribbean Cement traded 337,237 shares and rose $2 to close at $26, Carreras fell $1.99 while trading 64,337 shares, to close at $63, Jamaica Broilers had 288,526 units changing hands, to close with a loss of 25 cents at $14. Jamaica Producers lost $1.43 to close at $33.50, but only 1,000 shares changed hands,JSE fn qts 27-04-16 Jamaica Stock Exchange traded 30,330 units at $21, JMMB Group traded 311,461 shares and rose 50 cents to end at $10.50, National Commercial Bank rose $1 in trading 5,614 shares, to close at $40. Pulse Investments traded 72,980 shares with a rise of 30 cents to close at $2.80, Radio Jamaica traded 62,954 shares and lost 12 cents to close at $1.08, Sagicor Group rose 5 cents to end with 11,500 shares changing hands at $22.20. Scotia Group closed with a gain of $3.44 at $33.99 with 365,623 units changing hands, Scotia Investments lost $1.94 with 7,295 shares to close at $25.50 and Supreme Ventures closed at $5.39 with 23,800 shares changing hands for an 11 cents loss.

JSE jumps in early trading – Wednesday

Trading picked up in the mid-morning session on the Jamaica Stock Exchange with a few million unit trades. Consolidated Bakeries had 1,000,000 units changing hands, KLE Group 1,000,000 shares as well along with 6 trades of more than 200,000 units.
JSE intra 27-04-16Trading saw all major indices rising, with the main market indices gaining just under 900 points and the junior market index climbing over 53 points after 90 minutes of trading, on Wednesday. The average volume traded amounts to 157,938 units per active stock, compared to an average of 107,260 units traded in the mid-morning session on Tuesday.
A total of 28 securities accounting for 4,422,256 shares changed hands as 12 stocks gained and 8 declined.
The market saw the all Jamaica Composite Index rising 1,109.08 points to 169,116.88, the JSE Market Index gained 991.69 points to 152,262.52, the JSE combined index ended with a rise of 1,470.55 points to 162,998.50 and the junior market index rose 53.69 points to 2,121.22.

JSE stocks make more gains – Tuesday

 Grace Kennedy  traded 1,412,488 shares on Tuesday.

Grace Kennedy traded 1,412,488 shares on Tuesday.

The Jamaica Stock Exchange closed on Tuesday with big gains in the indices of the main market of more than one percent. A total of 33 securities changed hands, in all market segments with 11 stocks rising while 13 declined.
Trading amounted to 8,175,132 units valued at $170,455,575 changing hands, in all markets, the junior market accounting for 3,312,315 units valued at $12,515,372.
The JSE Market Index gained 227.72 points to end at 151,270.83, the all Jamaica Composite Index rose 736.09 points to 168,007.80 and the JSE combined index climbed 658.18 points, to close at 161,527.95.
JSE Sum 26-04-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 13 stocks with bids higher than their last selling prices and 4 with lower offers.
At the end of market activities, Berger Paints traded 14,027 units to close at $4 after rising by 10 cents, Cable & Wireless rose 2 cents to close at $1.35, in trading 500,946 units, Caribbean Cement traded 241,594 shares and fell $2 to close at $24, Carreras fell 1 cent while trading 270,430 shares, to close at $64.99. Grace Kennedy traded 1,412,488 shares with a rise of 50 cents, to end at $82, JSE fn qts 26-04-16Jamaica Broilers had 46,616 units changing hands, to close with a loss of 20 cents at $14.25. National Commercial Bank rose $1 in trading 101,619 shares to close at $40, Radio Jamaica traded 74,000 shares and gained 2 cents to close at $1.20, Sagicor Group fell 35 cents to end with 193,396 shares changing hands at $22.15, Sagicor Real Estate Fund traded 16,110 shares to close at $10.25, for a rise of 25 cents. Scotia Group closed with a gain of 5 cents at $30.55 with 211,936 units changing hands, Supreme Ventures closed at $5.50 with 63,960 shares changing hands, Proven Investments ordinary share traded 4,133 units to close at 18 US cents and JMMB Group 7.5% preference shares traded 1,672,980 units at $1.04, with a fall of 2 cents.

JSE inches up in early trading – Tuesday

Trading is off to a fairly slow start on the Jamaica Stock Exchange in the early morning session but with a few reasonable sized trades. Leading off is Lasco Manufacturing with 1,079,447 units followed by Cable & Wireless with 355,488 shares and JSE intra 26-04-16Caribbean Cream with 97,300 shares while Caribbean Cement chipped in with 63,122 units, Jamaican Teas 74,583 units and JMMB 7.25% traded 200,000 shares.
Trading saw all major indices rising moderately, with the main market indices gaining just under 200 points and the junior market index climbing over 10 points after 90 minutes of trading, on Tuesday. The average volume traded amounts to 107,260 units per active stock, compared to an average of 71,293 units traded in the mid-morning session on Monday.
A total of only 20 securities accounting for 2,145,196 shares changed hands as 5 stocks gained and 4 declined.
The market saw the all Jamaica Composite Index rising 195.09 points to 167,466.80, the JSE Market Index gained 174.44 points to 150,787.09, the JSE combined index ended with a rise of 279.60 points to 161,579.83 and the junior market index rose 11.48 points to 2,116.34.

Sharp climb for JSE stocks- Monday

Palace Amusement jumped $9.99 to end  at a 52 week's high of $95.

Palace Amusement jumped $9.99 to end at a 52 week’s high of $95.

The Jamaica Stock Exchange closed on Monday with big gains in the indices of the main market of more than one percent. A total of 34 securities changed hands, in all market segments with 11 stocks rising while 14 declined.
Trading amounted to 10,108,943 units valued at $34,957,344 changing hands, in all markets, the junior market accounting for 3,718,416 units valued at $14,802,812.
The JSE Market Index jumped 2,191.62 points to end at 150,612.65, the all Jamaica Composite Index rose 2,451.03 points to 167,271.71 and the JSE combined index jumped 1,938.42 points, to close at 161,300.23 as junior market stocks contributed much to the rise.
JSE Sum 25-04-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 17 stocks with bids higher than their last selling prices and 6 with lower offers.
At the end of market activities, Cable & Wireless fell 2 cents to close at $1.33, in trading 3,360,096 units, Caribbean Cement traded 18,530 shares to gain $1.34 and close at $26 but closed with the stock being offered at $25.50, Carreras ended trading with a gain of 50 cents while trading 8,286 shares, to close at $65. Grace Kennedy traded 5,555 shares with a rise of 50 cents, to end at $81.50, Jamaica Broilers had 10,673 units changing hands, to close with a loss of 5 cents at $14.45. JMMB Group had 13,550 shares changing hands and gained $1 to end at $10, JSE fn qts 25-04-16Kingston Wharves traded 5,000 shares to close at $11.50 after rising 20 cents, National Commercial Bank traded 80,951 shares to close at $39, after slipping by $1, Palace amusement traded 402 units as the price jumped to a 52 weeks’ high of $95 by rising $9.99. Radio Jamaica traded 563,999 shares but fell 2 cents to close at $1.18, Sagicor Group rose 20 cents in ending with 3,635 shares changing hands at $22.50, Sagicor Real Estate Fund traded 46,437 shares to close at $10, Scotia Group closed with a gain of 50 cents at $30.50 with 6,019 units changing hands. Proven Investments ordinary share traded 316,675 units and fell 1 US cents to close at 18 US cents and JMMB Group 7.5% preference shares traded 1,943,418 units at $1.06, with a rise of 1 cent.

JSE indices jump in early trading – Monday

Trading on the Jamaica Stock Exchange in the early morning session, saw stocks rising and just inching out declining ones but with moderate trading taking place.
JSE intra 25-04-16Trading had all major indices rising, with the main market indices gaining over 1,000 points each and the junior market index climbing 2.24 percent after 75 minutes of trading, on Monday. The average volume traded amounts to 71,293 units per active stock, compared to an average of 59,318 units traded in the mid-morning session on Friday.
A total of 26 securities accounting for 1,853,606 shares changed hands at 10.45 am. A total of 9 stocks gained and 7 declined with Palace Amusement climbing to a $95, with a gain of $9.99 as 402 shares changed hands.
402The market saw the all Jamaica Composite Index climbed 1,293.41 points to 166,114.09, the JSE Market Index gained 1,156.52 points to 149,577.55, the JSE combined index ended with a rise of 1,557.65 points to 160,919.46 and the junior market index rose 47.28 points to 2,161.36.

JSE ends week with gains – Friday

Carib Cement jumped  $4.66  to close at $24.66 on Friday after posting strong profit.

Carib Cement jumped $4.66 to close at $24.66 on Friday after posting strong profit.

The Jamaica Stock Exchange closed the week with Caribbean Cement jumping $4.66 with 4,640,819 shares changing hands, to end at $24.66 after the company released first quarter results, with profit of $834 million or 98 cents per shares. The movement in Cement along with gains from others, helped the main market indices to recover some of the grounds lost during the earlier part of the week.
A total of 40 securities changed hands, in all market segments, with 19 stocks rising while 8 declined. Trading amounted to 16,161,211 units valued at $141,833,561, in all markets, with the junior market accounting for 2,723,962 units valued at $12,229,768.
The JSE Market Index gained 282.48 points to end at 148,421.03, the all Jamaica Composite Index rose 315.92 points to 164,820.68 and the JSE combined index jumped 1,900.09 points, to close at 159,361.81 as junior market stocks contributed much to the rise.
JSE Sum 22-04-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 17 stocks with bids higher than their last selling prices and 6 with lower offers.
At the end of market activities, Cable & Wireless rose 5 cents to close at $1.35, in trading 5,142,218 units, Carreras ended trading with a loss of 49 cents while trading 2,030 shares, to close at $64.50, 1,834 Investments traded 246,750 shares at $1.13, Jamaica Broilers had 8,350 units changing hands, to close with a gain of 45 cents at $14.50. Jamaica Producers jumped $2.93 to end at $34.93 but only 1,000 shares traded. JMMB Group had 30,236 shares changing hands with a loss of 52 cents to end at $9, Kingston Wharves traded 5,000 shares to close at $11.50 after rising 20 cents,JSE fn qts 22-04-16 National Commercial Bank traded 24,476 shares to close at $40, Pulse Investments traded 12,996 units as the price slipped by 50 cents to $2.50. Radio Jamaica traded 1,895,681 shares to gain 7 cents to close at $1.20, Sagicor Group fell 15 cents in ending with 76,203 shares changing hands to close at $22.30 Sagicor Real Estate Fund traded 23,300 shares to close at $10 after losing 20 cents, Scotia Group closed unchanged at $30 with 125,253 units changing hands. Scotia Investments ended at $27.50 with 49,431 shares trading, Supreme Ventures gained 50 cents with 1,007,250 shares trading to end at $5.50. Proven Investments ordinary share traded 43,000 units to gain 2 US cents to close at 19 us cents and JMMB Group 7.5% preference shares traded 91,582 units at $1.05.

JSE rise in early trading – Friday

Caribbean Cement climbed to $25 up $4.50 on the back of big jump in first quarter earnings of 98 cents per share. The stock now has a bid at $25 and is offered at $29. Stocks gaining the Junior market resulted in a big 5 percent rise in  index as all three Lasco listed companies recorded gains. The main market of the Jamaica Stock Exchange had a nice bounce with the rise in Caribbean Cement share price.
JSE intra 22-04-16The leading trades are Jetcon Corporation traded 575,835 shares at $2.50, Lasco Distributors with 190,500 units at $7.20, Lasco Manufacturing with 112,366 shares at $4.80. Cargo Handlers traded at a new high of $45.
After 75 minutes of trading on Friday, the market had an average of 59,318 units per active stock traded, compared to an average of 83,005 units traded in the mid-morning session on Thursday.
A total of only 22 securities accounting for 1,304,985 shares changed hands at 10.45 am as 8 stocks gained and 2 declined.
The market saw the all Jamaica Composite Index climbed 1,144.38 points to 165,649.14, the JSE Market Index gained 1,023.26 points to 149,161.81, the JSE combined index ended with a rise of 2,056.93 points to 159,518.65 and the junior market index rose 108.01 points to 2,057.22.