The Jamaica Stock Exchange main market suffered another day of losses in the indices on Monday. The market closed with a volume of 6,907,239 units valued at only $20,441,816 changing hands, in all market segments. Activity took place in 37 securities, leading to 11 rising and 12 declining with 3 stocks ending at 52 weeks’ closing high but with just 1 from the main market.
The JSE Market Index lost 451.99 points to 140,173.97, the all Jamaica Composite Index fell 505.12 points to end at 155,608.61 and the JSE combined index declined 315.54 points to end at 146,975.93.
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 10 stocks with bids higher than their last selling prices and 3 with lower offers.
In trading, Berger Paints had 61,778 units trading at $3.60 for a gain of 45 cents, 
Cable and Wireless closed with 1,748,946 units changing hands at $1.60 after the price gained 8 cents, Caribbean Cement slipped 20 cents to end at $19, with 68,922 shares changing hands. It closed with a bid at $19.05 to buy 25,450 units, with bids at $19 to buy 26,411 units and 10,000 shares at $16.55, on offer are 4,000 at $19.99, beyond this, are 11,500 units at $20 and 150,000 units at $20.44. Carreras rose 90 cents to close at $56 with 17,739 units trading. Ciboney gained 5 cents to close at a new 52 weeks’ high of 21 cents with 35,200 shares. Desnoes & Geddes ended with 14,723 shares trading at $30, Gleaner fell by 2 cents in trading 20,427 units at $1.93, Grace Kennedy traded with a loss of 44 cents to close at $75.06 with 36,734 shares, Jamaica Broilers lost 60 cents as it traded 189,334 shares to close at $8. Jamaica Stock Exchange traded 94,365 units to end at $13.45 with a gain of 30 cents, 
JMMB Group gained 7 cents while trading 11,071 shares to close at $10.18,Mayberry ended with 9,600 shares changing hands at $4.85 after rising 35 cents. National Commercial Bank closed with a loss of 25 cents as 62,323 shares changed hands to end at $35.75. After the market closed news broke that the banking group is to acquire nearly 30 percent of Guardian Holdings shares, from a group of shareholders, subject to regulatory approval. Radio Jamaica declined by 39 cents to end at $5.11 with 11,100 units changing hands. Sagicor Group fell 11 cents in trading 12,143 units to end at $16.54. Scotia Group had 6,023 shares changing hands and closed at $27, Supreme Ventures had 58,975 units changing hands at $4.80 and Jamaica Money Market Brokers 7.50% preference share traded 25,000 units with the price ending at $1.81.
Bulls retreat again from JSE – Monday
November 30, 2015 by
Juniors up set to climb
November 30, 2015 by
In early trading on the Jamaica Stock Exchange, the junior market had a healthy gain in the index, lack of supply, could give a bid lift to prices in the upcoming sessions. After more than an hours trading, 11 junior market securities or 40 percent of listings, had no stock on offer, an indication that buyers in these stocks may need to move their buying prices higher to get the stocks they want.
Interesting trades, with 75 minutes having elapsed, are Cable & Wireless trading 501,500 units and last traded at $1.55 for a 3 cents gain from Friday’s last traded price, Ciboney Group with 28,200 units at a 52 weeks’ high of 19 cents, with a bid to buy 45,830 units at 21 cents, National Commercial Bank with a fall to $35.75 with 28,750 units, Caribbean Flavours at a new high of $6.75 with 16,512 shares trading and General Accident Insurance with 500,000 shares changing hands at $1.97.
At 10.45am, the all Jamaica Composite Index is up 72.22 points to 156,185.95, the JSE Market Index gained 64.62 points to 141,690.58, the JSE combined index rose 247.76 points to be at 147,539.23 and the junior market index rose 20.91 points to 1,646.92.
In trading, 26 securities have changed hands with a volume of 1,526,763 units as 9 stocks gained and 9 declined.
Bulls retreat on JSE – Friday
November 27, 2015 by
Carib Cement closed at a new 52 weeks’ high on Friday.
The JSE Market Index lost 480.67 points to 140,626.96, the all Jamaica Composite Index fell 537.18 points to end at 156,113.73 and the JSE combined index declined 149.43 points to end at 147,291.47.
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 7 with lower offers.
In trading, Cable and Wireless closed with 1,389,853 units changing hands at $1.52 after the price gained 9 cents, Caribbean Cement climbed 20 cents to end at a 52 weeks’ high of $19.20, with 75,115 shares changing hands, Carreras rose 90 cents to close at $56 with 13,048 units trading. Ciboney did not trade but had a bid to buy 125,000 units at 19 cents and just below, are bids between 16 cents and 18 cents to buy 2.38 million units. Desnoes & Geddes ended with 44,130 shares trading at $30, Gleaner traded 23,325 units at $1.95, Jamaica Broilers lost 60 cents as it traded 266,093 shares to close at $8. Jamaica Producers traded 18,661 shares to end at $31, JMMB Group lost 14 cents while trading 5,400 shares to close at $10.11. Kingston Wharves ended with 76,220 shares changing hands at $11.30 after losing 17 cents, 
National Commercial Bank closed with a loss of $1.19 as 105,766 shares changed hands to end at $36. Pan Jamaican Investments declined by $1 to end at $89 with 12,618 units changing hands. Pulse Investments traded 10,000 shares and ended at $2.50 after falling 50 cents, Sagicor Group fell 5 cents in trading 39,505 units to end at $16.65. Scotia Group had 19,600 shares changing hands and closed at $27, Supreme Ventures had 250,643 units changing hands but the price rose 10 cents to $4.80. Proven Investments ended at 22.9 US cents with 108,528 changing hands, Jamaica Money Market Brokers 7.50% preference share traded 75,000 units with the price ending at $1.80.
JSE make moderate gains early Friday
November 27, 2015 by
In early trading on the Jamaica Stock Exchange, the main market indices have inched up and junior market index also gained, as the market was active from the start, but with moderate volumes.
At 10.45 am, the all Jamaica Composite Index is up 91.31 points to 156,742.22, 
the JSE Market Index gained 81.71 points to 141,188.34, the JSE combined index rose 150.44 points to be at 147,591.34 and the junior market index was up 8.21 points to 1,600.13.
The main trades have been Cable & Wireless traded 732,740 units and last traded at $1.45, Lasco Manufacturing with 526,824 shares at $3.51, Caribbean Producers with 362,506 units with a gain of 30 cents to $5.75, Jamaica Broilers with 187,098 units at $8.40 and Supreme Ventures with 172,209 shares at $4.80 and Kingston Wharves with 65,660 units at $11.
In trading, 24 securities have changed hands with a volume of 2,368,532 units as 6 stocks gained and 6 declined.
Bulls take charge of JSE on Thursday
November 26, 2015 by
Jamaica Producers closed at a new 52 weeks’ high of $31 on Thursday.
Activity took place in 42 securities, leading to 22 securities rising and 10 declining with 4 stocks ending at 52 weeks’ closing highs and one stock closed at a 52 weeks’ low. The JSE Market Index rose 1,159.84 points to 141,106.63, the all Jamaica Composite Index climbed 1,296.19 points to end at 156,650.91 and the JSE combined index gained 1,523.05 points to end at 147,440.90.
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 7 with lower offers.
In trading, Cable and Wireless closed with 1,296,078 units changing hands at $1.42 and gained of 2 cents, Caribbean Cement climbed $1 to $19 with 250,137 shares changing hands,
Carreras fell $3.90 to close at $55.10 with 5,319 units trading, Ciboney did not traded but had a bid to buy 400,000 at 17 cents and just below that are bids to buy 1.9 million units at 16 cents. Desnoes & Geddes ended with 67,000 shares trading at $30, Gleaner traded 105,270 units at $1.94, Jamaica Broilers traded 1,102,100 shares to close at $8.60. Grace kenned traded 70,834 units 40 cents higher at $75.50, Jamaica Producers jumped $2 while trading 8,779 shares to end at $31 for a 52 weeks’ high, The Jamaica Stock Exchange had 43,000 shares changing hands but fell 13 cents, to end at $13.15, JMMB Group rose 5 cents while trading 161,362 shares to close at $10.25. Kingston Wharves ended with 11,638 shares changing hands at $11.47, Mayberry Investments closed with 21,830 units trading with a gain of 50 cents and ended at $4.50, National Commercial Bank closed with a rise of 18 cent as 105,002 shares changed hands to end at $37.19. Pan Jamaican Investments dropped $5 to end at $90 with 6,531 units changing hands. Pulse Investments traded 20,000 shares and ended at $3 after falling 65 cents, Radio Jamaica ended at a 52 weeks’ high of $5.50, after rising 43 cents, with 11,610 units changing hands, Sagicor Group rose 20 cents in trading 239,919 units to end at $16.70. 
Scotia Group had 9,055 shares changing hands and closed with a rise of 65 cents at $27, Scotia Investments jumped $5.50 to $33.50 but with only 1,000 units changing hands, Supreme Ventures had 29,320 units changing hands but the price slipped 19 cents to $4.70. Proven Investments ended at 22.9 US cents with 108,528 changing hands, Jamaica Money Market Brokers 8.50% preference share traded 107,067 units with the price jumping $1.01 to end at $4.50 and Jamaica Money Market Brokers 8.75% preference share, traded 89,000 units at $2.65.
Jamaica stock market pulls back – Wednesday
November 25, 2015 by
Pan Jam closed at a 52 weeks’ high of $95 on Wednesday.
A total of 18 securities rose and 10 declined with 5 stocks ending at 52 weeks’ closing highs and one stock closed at a 52 weeks’ low. The JSE Market Index declined 593.00 points to 139,946.79, the all Jamaica Composite Index lost 662.71 points to end at 155,354.72 and the JSE combined index fell by 902.50 points to end at 145,917.85.
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 8 with lower offers.
In trading, Berger Paints had 12,000 units changing hands at $3.70, Cable and Wireless closed with 1,325,036 units changing hands at $1.42 and gained of 2 cents. Caribbean Cement rebounded by $1.50 to $18 with 455,039 shares changing hands, Carreras closed at $59 with 18,454 units trading but by the close the stock was on offer at $56 to sell 37,012 units.
Ciboney had 1,186,460 units trading, to close at 16 cents for a 52 weeks’ high, but the stock closed with the bid at 16 cents to buy 1,813,540 shares as investor push to price up to levels not seen since 2004, when it traded at 32 cents. Desnoes & Geddes ended with 33,392 shares trading at $30, Jamaica Broilers traded 4,062,932 shares with the price rising 41 cents to close at $8.60. Jamaica Producers fell 82 cents while trading 5,000 shares to end at $29, The Jamaica Stock Exchange had 2,127 shares changing hands with a rise of 7 cents, to end at $13.28, JMMB Group fell by 62 cents while trading 33,991 shares to close at $10.20. Kingston Wharves ended with 10,720 shares changing hands at $11.47 for 2 cents decline, Mayberry Investments closed with 61,991 units trading with a fall of 80 cents and ended at $4, National Commercial Bank closed with a rise of 1 cent as 11,282 shares changed hands to end at $37.01.
Pan Jamaican Investments jumped to a new 52 weeks’ high of $95 with 3,000 units changing hands, but at the close the stock was on offer at $90 with 6,268. Pulse Investments traded 30,000 shares and ended at $3.65 after trading at an intraday 52 weeks’ high of $3.67, Sagicor Group lost 50 cents in trading 905,656 units at $16.50 at the close, Sagicor Real Estate Fund ended with 1,176,791 shares trading with a rise of 25 cents at $10. Scotia Group had 97,148 shares changing hands and closed with a fall of 65 cents to $26.35 and Proven Investments ended at 22.9 US cents with 67,750 changing hands.
Stocks pull back on JSE – Tuesday
November 24, 2015 by
Scotia Investments fell $6.30 on Tuesday to $28.
A total of 10 securities rose and 16 declined with no stock ending at 52 weeks’ closing highs and 4 trading at intraday 52 weeks’ high. The JSE Market Index climbed 268.21 points to 140,539.79, the all Jamaica Composite Index fallen 299.74 points to end at 156,017.43 and the JSE combined index fell by 550.73 points to end at 146,820.35.
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 16 stocks with bids higher than their last selling prices and 3 with lower offers.
In trading, Barita Investments had 81,100 units changing hands at $4.05, for a 5 cents gain, Cable and Wireless closed with 1,556,426 units changing hands to close at $1.40, Caribbean Cement traded 373,682 shares changed hands at $16.50 with a gain of 40 cents, Carreras lost 98 to end at $59 with 15,413 units trading. Ciboney had 524,139 units trading, to close at 13 cents after hitting 15 cents earlier in the day, for an intraday 52 weeks’ high, Desnoes & Geddes ended with 31,699 shares trading at $30, Gleaner lost 15 cents in trading 394,044 shares at $1.85, Jamaica Broilers traded 124,540 shares with the price rising 69 cents to close at $8.19. Jamaica Producers fell 18 cents while trading 800 shares to end at $29.82, The Jamaica Stock Exchange had 13,157 shares changing hands with a loss of 29 cents, to end at $13.21, JMMB Group fell by 8 cents while trading 12,621 shares to close at $10.82. Kingston Wharves ended with 21,900 shares changing hands at $11.49, Mayberry Investments closed with 224,520 units trading for a rise of 80 cents and ended at $4.80, National Commercial Bank closed with a fall of 50 cents as 35,606 shares changed hands to end at $37.
Pulse Investments traded 67,850 shares and ended at $3.65 after trading at an intraday 52 weeks’ high of $3.67, Sagicor Group traded 752,961 units at $17 at the close, Sagicor Real Estate Fund ended with 1,200 shares trading with a fall of 25 cents at $9.75. Scotia Group had 19,615 shares changing hands and closed with a gain of 50 cents, at $27, Scotia Investments dropped sharply by $6.30 to end at $28, with 9,540 shares changing hands, Seprod ended at $18.55 with 3,553 shares trading. Supreme Ventures ended at $4.89 after declining 6 cents with 37,706 shares changing hands and Jamaica Money Market Brokers 8.50% preference share traded 258,607 units with a loss of 6 cents to end at $3.49 but as traded at a 52 weeks’ intraday high of an $4.60.
JSE falls in mid-morning
November 24, 2015 by
In early trading on the Jamaica Stock Exchange market indices slipped with the all Jamaica Composite Index falling 368.56 points to 155,948.61 at 10.45 am on Tuesday morning. 
The JSE Market Index lost 329.79 points to 140,478.21, the JSE combined index fell 333.67 points to be at 147,037.41 and the junior market index shed 2.50 points to 1,613.18.
Trading volumes have been low with 75 minutes of the market opening. Cable & Wireless traded the most with 365,236 units and last traded at $1.40, Sagicor Group had 720,061 units trading at $16.90, Jamaica Money Market Brokers 8.50% preference share with 233,938 units at $4.60 with a huge gain of $1.05.
In trading 27 securities have changed hands with a volume of 1,926,677 units as 9 stocks gained and 12 declined.
Bulls still at large at JSE on Monday
November 23, 2015 by
Scotia Investments ended at a 52 weeks’ high on Monday of $34.30.
The market closed with activity in 39 securities, leading to a subdued volume of 6,541,969 units valued at $26,641,867 changing hands, in all market segments. A total of 15 securities rose and 13 declined with 4 stocks ending at 52 weeks’ closing highs and an additional 2 trading at intraday 52 weeks’ high. The JSE Market Index climbed 1,059.99 points to 140,808.00, the all Jamaica Composite Index rose 1,184.60 points to end at 156,317.17 and the JSE combined index gained by 822.50 points to end at 147,371.08.
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 only 12 stocks with bids higher than their last selling prices and one with a lower offer. In trading,Cable and Wireless closed with 1,550,252 units changing hands and lost 19 cents to close at $1.40, Caribbean Cement traded 43,041 shares changed hands at $16.10 with a loss of 40 cents, Carreras gained $2.98 to end at $59.98, with 2,031 units trading.
Desnoes & Geddes ended with 32,700 shares trading at $30, Gleaner traded 50,000 shares at $2, Grace Kennedy traded 6,200 shares and closed with a gain of 10 cents at $75.10, Jamaica Broilers traded 62,175 shares to close at $7.50 after losing 99 cents. Jamaica Producers rose $3.50 while trading 19,074 shares to end at $30, The Jamaica Stock Exchange had 43,930 shares changing hands to end at $13.50, JMMB Group rose by 90 cent while trading 95,500 shares to close at $10.90. Kingston Wharves gained 24 cents and ended with 51,500 shares changing hands at $11.49, Mayberry Investments closed with 54,845 units trading for a loss of 40 cents and ended at $4, National Commercial Bank closed with a rise of 49 cents as 52,776 shares changed hands to end at $37.50. Pulse Investments traded 44,000 shares, at a new 52 weeks’ closing high of $3.65, the price rose 65 cents, Radio Jamaica declined by 20 cents with 34,895 shares trading and ended at $4.85.
Sagicor Group rose 45 cents in trading 127,678 units at $17 at the close, Sagicor Real Estate Fund ended with 51,000 shares trading at $10. Scotia Group ended with 5,950 shares changing hands, closed with a gain of 19 cents to end at $26.50, Scotia Investments jumped sharply by $7.30 and ended at $34.30 with 50,182 shares changing hands, but traded as low as $28. Seprod rose 4 cents to $18.55 with 6,237 shares trading, Supreme Ventures ended at $4.95 after rising 20 cents with 93,445 shares changing hands, Jamaica Money Market Brokers 7.50% preference share traded 105,000 units at $2 and Jamaica Money Market Brokers 8.50% preference share traded 1,143,883 units with a gain of 6 cents to end at $3.55.
JSE recovers in mid-morning
November 23, 2015 by
In early trading on the Jamaica Stock Exchange market indices are up with the all Jamaica Composite Index rising 1,053.80 points to 156,186.37 at 11 am on Monday morning. 
The JSE Market Index increased by 942.95 points to 140,690.96, the JSE combined index rose 908.14 points to be at 147,456.72 and the junior market index gained 5.08 points to 1,640.72.
Trading volumes have been low with 90 minutes of the market opening. Cable & Wireless traded the most with 464,269 units and last traded at $1.52, C2W Music with 217,500 at 39 cents. Jamaica Producers gained $3.50 with 6,174 to be at $30.
The number of securities trading climbed sharply to 32 securities changing hands with a volume of 1,647,597 units as 12 stocks gained and 7 declined after 90 minutes of trading.