Gains for JSE on Wednesday

Sagicor Group HQ - the stock closed at anew high on Wednesday

Sagicor Group HQ – the stock closed at anew high on Wednesday

The main market of the Jamaica Stock Exchange enjoyed moderate gains on Wednesday even as declining stocks beat out advancing stocks by a good margin but Sagicor closed at a new high helping to boost the indices. The market continues to show weakness in the overall with no indications as to when the weakness will end.
For the overall market, 35 securities changed hands, in all market segments with 8 rising and 14 declining. The market closed with 6,441,586 units valued at $51,085,753 changing hands in all markets. The junior market accounted for 157,151 units changed hands, valued at only $774,391.
The JSE Market Index shed 428.48 points to end at 153,150.85, the all Jamaica Composite Index lost 478.85 points to end at 170,111.01 and the JSE combined index fell 530.26 points to close at 161,848.77.
JSE sum 23-03-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 7 stocks with bids higher than their last selling prices and 8 with lower offers.
At the end of the market activities, Berger traded 35,604 units and gained 23 cents to end at $3.75, Cable & Wireless traded 611,101 units, to close with a loss of 5 cents at $1.30, Caribbean Cement ended at $23 with 12,539 shares trading, Carreras lost 30 cents in trading 1,100 shares to end at $65.70. Grace Kennedy closed with 42,388 shares changing hands at $82,Jamaica Broilers traded 26,235 units to close at $13.20, Kingston Wharves traded 41,719 shares to close at $11.50 after rising by 5 cents. JSE fn Qts 23-03-16Mayberry Investments traded 9,391 shares to end at $4.45, National Commercial Bank had 187,106 shares changing hands to close at $41, Pan Jamaican traded 15,039 units at $93, Sagicor Group gained 40 cents while 816,999 shares changed hands to close at new 52 weeks’ closing high of $24. Scotia Group lost 40 cents while trading 245,381 shares to close at $30.50. Scotia Investments put on $2.49 with 2,000 shares changing hands to end at $29.49, Supreme Ventures closed with a fall of 1 cent at $4.99 with 334,200 units changing hands. Proven Investments ordinary share traded 44,050 to close at 20.95 US cents, JMMB 5.75% preference share traded 2,400,000 units at $1.06 after losing 14 cents and 1,421,333 preference shares of JMMB Group 7.5% traded to end at $2.15.

Falling stocks climb on JSE – Wednesday

Trading on the Jamaican Stock Exchange made small gains in the early morning session on Wednesday was slow with just a limited number of securities changing JSE intra 23-03-16 hands and resulted in a low volume overall.
After 75 minutes of the market’s opening, 27 securities traded, accounting for a mere 798,315 shares changing hands as only 3 stocks gained and 15 declined.
The indices enjoyed moderate gains in the main market after suffering modest declines earlier in the session with the all Jamaica Composite Index rising 158.18 points to 170,269.19, the JSE Market Index gaining 141.54 points to 153,292.39, the JSE combined index ending with a 114.52 points rise to 161,963.29 but the junior market index lost only 2.06 points to 1,928.67.
In Trading, Grace Kennedy lost $1.90 to with 36,282 shares trading down to $80.10, Sagicor Group had 300,000 shares changing hands at $23.80 to gain 20 cents in the process and Scotia Group traded 231,710 units but lost 51 cents to trade at $30.39.

Losses for JSE on Tuesday

JSE sign & Bld The main market of the Jamaica Stock Exchange suffered losses on Tuesday, as declining stocks beat out advancing stocks. Indications continue to show weakness in the overall market. The number of stocks participating is down to lower levels compared to more recent trading and with the IC Indicator reflecting a weak signal.
For the overall market, 35 securities changed hands, in all market segments with 10 rising and 15 declining. The market closed with 3,907,504 units valued at $73,631,745 changing hands in all markets. The junior market accounted for 934,404 units changing hands, valued at $3,657,423.
The JSE Market Index shed 428.48 points to end at 153,150.85, the JSE sum 22-03-16all Jamaica Composite Index lost 478.85 points to end at 170,111.01 and the JSE combined index fell 530.26 points to close at 161,848.77.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 6 stocks with bids higher than their last selling prices and 11 with lower offers.
At the end of the market activities, Cable & Wireless traded 263,169 units to close with a loss of 4 cents at $1.35, Caribbean Cement ended at $23 with 10,000 shares trading, after rising 35 cents, Carreras gained $1 in trading 123,177 shares to end at $66, Desnoes and Geddes traded 4,074 at $24. Gleaner traded 1,834 shares at $2.09 essentially at the same price as before the media segment was taken over by Radio Jamaica. Grace Kennedy closed with 6,249 shares changing hands at $82, Jamaica Broilers dropped 80 cents in trading 12,999 units to close at $13.20, JSE fn Qts 22-03-16rJamaica Producers closed with a loss of $3 at $30 while trading only 2,000 shares, Jamaica Stock Exchange dropped $1.90 in trading 17,993 units to close at $21, Kingston Wharves traded 7,400 shares to close at $11.45. Mayberry Investments traded 40,000 shares to end at $4.45, National Commercial Bank lost 3 cents with 200,254 shares changing hands to close at $41, Sagicor Group fell 14 cents with 2,146,337 shares changing hands to close at $23.60, Scotia Group traded 7,781 shares to close at $30.90. Scotia Investments lost $2.40 with 4,750 shares changing hands to end at $27, Supreme Ventures closed with a rise of 50 cents at $5 with 34,223 units changing hands and JMMB 5.75% preference share traded 40,972 units at $1.20 and 39,116 preference share of JMMB Group 7.5% traded to end at $2.15.

Juniors up majors down

JSE intra 22-03-16

Gains for JSE on Monday

Sagicor Group closed at a 52 weeks' high on Monday

Sagicor Group closed at a 52 weeks’ high on Monday

The main market of the Jamaica Stock Exchange made further recovery on Monday, even as advancing stocks just edged out by declining stocks. Indications are that there is weakness in the overall market. The number of stocks participating is down to relatively low levels and with the IC Indicator reflecting a weak signal.
For the overall market, 32 securities changed hands, in all market segments with 11 rising and 10 declining while 1 closed at a 52 weeks’ closing high and one at an intraday record high. The market closed with 4,459,879 units valued at $105,773,180 changing hands in all markets. The junior market accounted for 935,672 units changing hands, valued at $3,901,047.
The JSE Market Index garnered 498.31 points to end at 153,581.38, the all Jamaica Composite Index added 556.89 points to end at 170,592.15 and the JSE combined index gained 199.09 points to close at 162,360.97.
JSE sum 21-03-16
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 8 stocks with bids higher than their last selling prices and 9 with lower offers. At the end of the market activities, Cable & Wireless traded 239,100 units to close with a gain of 2 cents at $1.39, Caribbean Cement ended at $22.65 with just 2,246 shares trading, after declining by 65 cents, Carreras traded 4,806 shares to end at $65, Gleaner closed at $2.09 with 105,736 shares changing hands. Grace Kennedy closed with 176,230 shares trading with a loss of 99 cents at $82, still well below the $97 equivalent, it last traded at in Trinidad. Jamaica Broilers declined by 9 cents in trading 5,375 units to close at $14, Jamaica Producers closed with a gain of $2 at $33 while trading 1,264,675 shares, down from 2,261,978 units traded on Friday. Jamaica Stock Exchange rose by 90 cents in trading 25,254 units to close at $22.90, JMMB Group had 7,596 units changing hands but rose 30 cents in closing at $10.30, Kingston Wharves traded 1,000 shares to close at $11.45, Mayberry Investments traded 20,680 shares to end at $4.45. JSE fn Qts  21-03-16 National Commercial Bank gained $1.03 with 330,105 shares changing hands to close at $41.03, Pan Jamaican investment fell 2 cents to close at $93 with 48,996 shares, Proven Investments ordinary share traded 138,420 units at 21 US cents. Sagicor Group gained 74 cents with 935,313 shares changing hands to close at a 52 weeks’ closing high of $23.74, Sagicor Real Estate Fund traded 2,000 shares to close at $10.90, Scotia Group gained 39 cents with 69,377 shares changing hands to close at $30.90. Seprod traded 30,000 shares to close at $18.51, Supreme Ventures closed with a loss of 50 cents at $4.50 with 81,308 units changing hands and JMMB Group 7.5% preference share traded 35,990 units but recovered 5 cents to end at $2.15.

Modest gains for JSE majors – Monday

JSE intra 21-03-16 The main market of the Jamaican Stock Exchange made small gains in the early morning session on Monday but the junior market suffered a mild decrease while newly listed Iron Rock Insurance slipped in price again by 25 cents to $3.75 while trading 117,100 shares.
After 90 minutes of the market’s opening, 25 securities traded, accounting for a mere 839,756 shares changing hands as 8 stocks gained and 5 declined.
The all Jamaica Composite Index rose 164.02 points to 170,199.28, the JSE Market Index gained 146.76 points to 153,229.83, the JSE combined index ended with rise of 121.87 points to 162,303.75 but the junior market index lost 1.80 points to 1,972.52.

More gains for JSE – Friday

Jamaica Producers traded 2.26m shares   on Friday.

Jamaica Producers traded 2.26m shares
on Friday.

The main market of the Jamaica Stock Exchange made further recovery on Friday, even as advancing stocks were edged out by declining stocks. For the overall market, 42 securities changed hands, in all market segments with 17 rising and 19 declining while 1 closed at an intraday record high. The market closed with 8,524,260 units valued at $149,270,936 changing hands in all markets. The junior market accounted for 3,473,758 units changing hands, valued at $11,095,522.
The JSE Market Index recovered 473.06 points to end at 153,083.07, the all Jamaica Composite Index added 528.67 points to end at 170,035.26 and the JSE combined index gained 380.86 points to close at 162,181.88.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 10 stocks with bids higher than their last selling prices and 6 with lower offers.
JSE sum 18-03-16rAt the end of the market activities, Cable & Wireless traded 106,517 units to close at $1.37, Caribbean Cement ended at $23.50 with 109,949 shares trading, after gaining $1, Carreras traded 38,075 shares and rose by $1 to $65, Desnoes and Geddes traded 14,000 shares but lost 73 cents to close at $24. Gleaner lost 1 cent and closed at $2.09 with 181,862 shares changing hands. Grace Kennedy closed with 29,093 shares trading with a loss of 1 cent at $82.99, well below the $97 equivalent, it last traded at in Trinidad. Jamaica Broilers traded 389,818 units to close at $14.09, Jamaica Producers traded 2,261,978 units to close with a gain of 72 cents at $31, Jamaica Stock Exchange fell 45 cents in trading 11,784 units to close at $22, JMMB Group had 129,188 units changing hands but fell 5 cents in closing at $10. Kingston Wharves traded 3,366 shares to close with a loss of 5 cents at $11.45, Mayberry Investments traded 41,168 shares but rose 25 cents to end at $4.45.JSE fn Qts - 18-03-16 National Commercial Bank with 833,006 shares changing hands, closed 10 cents higher at $40, Pan Jamaican investment fell $1.98 to close at $93.02 with 6,096 shares, Proven Investments ordinary share traded 9,000 units and gained 1 US cent in closing at 21 US cents, Radio Jamaica ended with 27,747 units changing hands for 24 cents higher to close at $4.99. Sagicor Group gained 48 cents with 684,972 shares changing hands at $23, Sagicor Real Estate Fund traded 9,100 shares and rose 90 cents to close at $10.90, Scotia Group had 33,980 shares changing hands to close at $30.51 after rising 1 cent. Seprod traded 57,544 shares and fell 69 cents to close at $18.51, Supreme Ventures closed with a loss of 5 cents at $5 with 11,600 units changing hands and JMMB 7.5% preference share traded 50,000 units but lost 5 cents to end at $2.10.

Major’s strong gains on JSE – Friday

The main market of the Jamaican Stock Exchange made strong gains in the early morning session on Friday amounting to close to 1 percent but the junior market barely increased. Newly listed Iron Rock Insurance slipped 20 cents to $4.30.
JSE intra 18-03-16 After 90 minutes of the market’s opening, 35 securities traded, accounting for 4,351,342 shares changing hands as 18 stocks gained and 9 declined.
The all Jamaica Composite Index rose 1,592.13 points to 171,098.72, the JSE Market Index gained 1,424.66 points to 154,034.67, the JSE combined index ended with rise of 1,358.00 points to 163,159.02 but the junior market index rose by just 1.75 points to 1,983.19.
Caribbean Cream traded 120,000 to end at $4.75, General Accident Insurance had 2,811,669 units changing hands to trade at a previous 52 weeks’ high of $3, Jamaican Teas fresh from the stock split traded 122,008 at $5. Carreras traded 38,075 shares to gain $1 at $65, National Commercial Bank had 216,911 shares changing hands at $41, Scotia Group traded 28,450 to add 50 cents and end at $31 and Seprod had 35,479 units changing hands at $18.51 after shedding 69 cents.

Solid gains for JSE – Thursday

Sagicor Group HQ - the stock traded 1.8m units

Sagicor Group HQ – the stock traded 1.8m units

Main market stocks collectively made further recovery on Thursday, with advancing stocks edging out declining stocks. For the overall market, 39 securities changed hands, in all market segments with 15 rising and 13 declining while 3 closed at record highs. The market closed with 6,927,350 units valued at $96,137,248 changing hands in all markets. The junior market accounted for 1,654,174 units changing hands, valued at $16,966,569.
The JSE Market Index recovered 862.19 points to end at 152,610.01, the all Jamaica Composite Index added 963.55 points to end at 169,506.59 and the JSE combined index gained 840.57 points to close at 161,801.02.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 11 stocks with bids higher than their last selling prices and 6 with lower offers.
JSE sum 17-03-16At the end of the market activities, Caribbean Cement ended at $22.50 with 400 shares trading after gaining $2.50, Desnoes and Geddes traded only 1,000 shares but rose $1.13 to $24.73, Gleaner closed at $2.10 with 250,029 shares changing hands. Grace Kennedy closed with 10,752 shares trading with a gain of 40 cents at $83, well below the $97 equivalent, it last traded at in Trinidad. Jamaica Broilers traded 31,174 units to close at $14.09, Jamaica Producers traded 542,984 units to close with a loss of 2 cents at $30.28, Jamaica Stock Exchange gained 15 cents in trading 1,550 units to close at $22.45, JMMB Group had only 25,250 units changing hands but fell 5 cents in closing at $10.05. Kingston Wharves traded 3,000 shares to close at $11.50, Mayberry Investments traded 1,957,711 shares but lost 20 cents to JSE sum 17-03-16rend at $4.20 National Commercial Bank with 25,525 shares changing hands, to close $1.10 lower at $39.90, Proven Investments ordinary share traded 232,356 units and fell 1 US cent in closing at 20 US cents, Pulse Investments traded 10,000 shares to gain 40 cents and end at $3.30, Radio Jamaica ended with 11,124 units changing hands 25 cents higher to close at $4.75. Sagicor Group gained 42 cents with 1,823,949 shares changing hands at $22.52, Sagicor Real Estate Fund traded 27080 shares and lost 35 cents to close at $10, Scotia Group had 81,015 shares changing hands to close at $30.50 after falling 60 cents. Supreme Ventures closed with a gain of 5 cents at $5.05 with 33,200 units changing hands and Proven Investments 8% preference share traded 205,077 at $5.02 after rising 2 cents.

Iron Rock climbs to $4.50 – Thursday

JSE intra 17-03-16 Newly listed, Iron Rock Insurance Company traded on Thursday to hit a new high of $4.50 while 507,300 shares changed hands to gain 47 cents. In early March the company offered shares to the public at $3 each which were oversubscribed.
In overall trading on the stock exchange on Thursday, the main market indices rose in early trading in the morning but the junior market suffered a small loss. After 75 minutes of the market’s opening, only 24 securities traded, accounting for 1,229,480 shares changing hands. A total of 11 stocks gained and 9 declined.
The all Jamaica Composite Index rose 584.74 points to 169,127.78, the JSE Market Index gained 523.23 points to 152,271.05, the JSE combined index ended with a rise of 472.82 points to 161,433.27 but the junior market index fell 2.21 points to 1,976.11.