JSE closes out week on moderate note

November 13, 2015 by

Heavy trading in Jamaica Broilers stock on Friday

Heavy trading in Jamaica Broilers stock on Friday

The Jamaica stock market closed the week with moderate gain in the indices on Friday but investors continue to respond positively to the release of company results that have generally been very strong. The market closed with activity in 35 securities, leading to 14,201,782 units valued at $103,704,776 changing hands, in all market segments.
A total of 12 securities rose and 14 declined with 5 stocks ending at 52 weeks’ closing high and 1 at intraday high. The JSE Market Index rose 78.92 points to 138,442.38 the all Jamaica Composite Index gained 88.20 points to end at 153,673.46 and the JSE combined index increased by 147.12 points to end at 145,209.20.
Several companies released results to September, after trading closed and could impact both the junior and main market next week.
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 12 stocks with bids higher than their last selling prices and 2 with lower offers.
JSE sum 13-11-15In trading, Barita Investments closed at $3.65 with 31,148 shares trading, Cable and Wireless enjoyed good volume as investors’ interest in the stock continues to build, at the close the stock lost 5 cents, with 5,313,495 shares changing hands to close at $1.45. On offer were 626,747 shares at $1.50 with bid in at $1.41 to buy just 30,330 units. Caribbean Cement closed at $17.80, with 356,811 shares changing hands. Carreras rose 50 cents to end at $56 with 82,273 units trading, Jamaica Broilers traded 5,701,221 shares to close at $8.75, Jamaica Producers traded 12,412 shares to end at $25. Jamaica Stock Exchange declined by 10 cents as it traded 12,500 shares at $13.90, JMMB Group lost 20 cents while trading 20,022 shares to close at $10.80, Mayberry Investments lost 4 cents and closed with 283,943 units trading at $4.35, JSE Fn Qts 13-11-15National Commercial Bank closed with 116,005 shares changing hands to end with a rise of 50 cents at $34.50. Pan Jamaican rose 13 cents in trading 108,407 shares to end at $88.23, Pulse Investments traded 115,790 shares with a rise of 28 cents for new 52 weeks’ closing high of $2. Scotia Group ended with 290,683 shares changing hands and closed with a loss of $1.64 at $26.11, Supreme Ventures ended with 909,532 shares changing hands at $4.65 after falling 5 cents and Proven Investments ordinary share dropped 1 US cents and ended at 21 US cents with 33,563 units changing hands.

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The JSE indices up in morning session

November 13, 2015 by

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 JSE int 13-11-15r139,002.05 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.

Filed Under: JSE Main Market, Stock Market

Profit results help rally Jamaican stocks

November 12, 2015 by

JSE sign & Bld 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.
JSE sum 12-11-15In 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,JSE Fn Qts 12-11-15 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.

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Profit results help in Jamaican stock rally

November 11, 2015 by

Jamaica Producers stock price pushed by strong profits on Wednesday

Jamaica Producers stock price pushed by strong profits on Wednesday

The bulls continue to roam on the Jamaica Stock Exchange on Wednesday as more stocks continue to gain than those declining. Helping the move on Wednesday was the impact that results had on some companies’ stock price. Sagicor Group and Jamaica Producers Group were two of the stocks that jumped sharply, helping the market to move up.
The market closed with activity in 42 securities, leading to 200,339,489 units valued at $645,488,389 changing hands, in all market segments. A total of 17 securities rose and 11 declined with 11 stocks ending at 52 weeks’ closing high and 1 at intraday high.
The JSE Market Index rose 783.34 points to 137,896.84, the all Jamaica Composite Index gained 875.44 points to end at 153,063.79 and the JSE combined index increased by 639.61 points to end at 144,357.30.
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.
JSE sum 11-11-15udIn trading, Barita Investments lost 15 cents to close at $3.65 with 240,000 shares trading, Cable and Wireless enjoyed good volume as investors’ interest in the stock continues to build, at the close the stock gained 14 cents, with 3,363,916 shares changing hands to close at $1.50. On offer were 2,500,728 shares at $1.50 with bid in at $1.45 to buy 424,481 units. Caribbean Cement rose 22 cents to end at $18, with 112,310 shares changing hands. Carreras dropped $4.49 to end at $55.51 with 11,456 units trading, Desnoes & Geddes traded 63,136 units at $30, Gleaner traded 13,000 units at $1.90, Grace Kennedy closed at a new 52 weeks’ high of $75 after rising $2 with only 1,776 shares changing hands, Jamaica Broilers traded 3,021,919 shares to close at $9.25, for a 52 weeks’ closing high. Jamaica Producers traded 102,646 shares and jumped $5.20 to end at $29, for a 52 weeks’ high. Jamaica Stock Exchange traded 200,527 shares at $14, JMMB Group traded 14,219 shares to close at $11, Kingston Properties traded 46,695 units to close at $7. Mayberry Investments closed with 67,016 units trading at $4.40 with a loss of 5 cents, National Commercial Bank close with 38,473 shares changing hands to end with a rise of 50 cents at $34, Pan Jamaican fell $3.95 in trading 14,366 shares to end at $88.05, JSE Fn Qts 11-11-15
Pulse Investments traded 225,000 shares with a rise of 33 cents for new 52 weeks’ closing high of $1.50. Sagicor Group traded at a new high of $18 with 409,705 shares changing hands but closed at a 52 weeks’ closing high of $16.51 to gain$1.16 for the day. Scotia Group ended with 38,793 shares changing hands and closed with a loss of 10 cents at $26.90, Supreme Ventures ended with 244,452 shares changing hands at $4.70 after rising 10 cents and Proven Investments ordinary share dropped 1.17 US cents and ended at 21.80 US cents with 14,700 units changing hands and Jamaica Money Market Brokers 7.50% preference share ended with 51,000 units trading at $2.

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Junior market breaks 1,600

November 11, 2015 by

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 JSE int 11-11-15137,517.33 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.

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Supply shortage feeding JSE rally

November 10, 2015 by

Bulls continue their relentless run on Jamaican stocks

Bulls continue their relentless run on Jamaican stocks

The bullishness of Jamaica Stock Exchange pushed the All Jamaican Composite Index beyond the 150,000 mark for the first time to close at more than 152,000 points as more 2,200 points were added on Tuesday as shortage of supply of stocks being sold and increased demand push prices.
The market closed with activity in 42 securities, leading to 13,242,518 units valued at $152,588,837 changing hands, in all market segments. A total of 25 securities rose and 6 declined with 12 stocks ending at 52 weeks’ closing high. The JSE Market Index rose 2,019.69 points to 137,113.50, the all Jamaica Composite Index gained 2,257.11 points to end at 152,188.35 and the JSE combined index surged 2,200.34 points to end at 143,717.69.
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 3 with lower offers.
In trading, Cable and Wireless enjoyed heavy trading and gained 11 cents, with 7,617,380 shares changing hands to close at $1.36 after trading in the early morning session at a high of $1.40. JSE sum 10-11-15rOn offer were 972,640 shares at $1.44 with bid in at $1.36 to buy 151,270 units. Caribbean Cement fell 10 cents to end at $17.78, with 101,120 shares changing hands. Carreras jumped $5 to end at a 52 weeks’ high of $60 with 773,164 units trading, Gleaner traded 215,100 units at $1.90 after shedding 12 cents. Grace Kennedy closed at a new 52 weeks’ high of $73 after rising $2.99 with only 1,084 shares changing hands, Jamaica Broilers traded 20,524 shares to close at $9.20. Jamaica Producers traded 4,075 shares and gained 20 cents to end at $23.80, Jamaica Stock Exchange rose $1.99 in trading 1,000 shares for new 52 weeks’ closing high of $14, JMMB Group traded 32,291 shares to close 20 cents higher at $11, Kingston Wharves traded 21,371 units to close with a gain of 40 cents at $11.50. National Commercial Bank close with 1,545,881 shares changing hands to end with a rise of 50 cents at $33.50, Pan Jamaican climbed $5.99 in trading 206,104 shares to end at a 52 weeks’ closing high $92, Pulse Investments traded 150,000 shares but recovered 20 cents and ended at $1.17. The company released the first quarter results after trading closed, showing earnings of 29 cents versus 20 cents in 2014. JSE Fn Qts 10-11-15Sagicor Group traded at a new closing high of $15.35 with 28,078 shares changing hands at 34 cents higher. Sagicor Real Estate Fund traded 14,500units, the price closed at $10.02 after falling 3 cents, Scotia Group ended with 6,184 shares changing hands and closed with a gain of 20 cents at $27. Scotia Investments leapt $2.50 to close at $30 as 226,416 units traded, Supreme Ventures ended with 10,216 shares changing hands at $4.60 and Proven Investments ordinary share rose by 1.97 US cents and ended at 22.97 US cents with 436,000 units changing hands and Jamaica Money Market Brokers 7.50% preference share ended with 728,500 units trading at $2.

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All Jamaica index breaks 150,000 mark

November 10, 2015 by

The Jamaica stock market is off to a flying start on Tuesday morning with the All Jamaican Composite index jumping 1,334.74 points to cross over the 150,000 point level for the first time and sits at 151,265.98 the JSE Market Index gained 1,194.34 points to 136,288.15 the JSE combined JSE int 10-11-15index climbed 1,329.92 points to be at 142,847.27 and the junior market index rose 22.65 points to its highest level of 1,586.96.
The number of securities trading climbed sharply to 34 securities changing hands with a volume of 9,183,062 units as 19 stocks gained and 3 declined after 90 minutes of trading.
Notable trades took place in Cable and Wireless, the stock traded 6,553,797 units up to $1.40 but last traded at $1.35, Carreras ended with 768,164 units trading at $55.18, Lasco Distributors has traded 367,050 units currently at $4.07, Lasco Financial Services traded at a new record high of $3.40 with 219,943 units but now trades at $3.20, Lasco Manufacturing has so far traded 100,000 shares at $3.95, Proven Investments traded 434,000 shares at 22.97 US cents.

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Market up slightly in early trading

November 9, 2015 by

The Jamaica stock market is off to a slow start to the week with only in 23 securities changing hands with a volume of 3,067,073 units as 12 stocks gained and 6 declined after 90 minutes of trading.
The Jamaica stock market, recorded gains in all four the indices. The All Jamaican Composite index rose 30.57 points to 148,950.40, the JSE Market Index gained 27.35 points to 134,216.14, JSE int 9-11-15the JSE combined index climbed 529.44 points to be at 140,730.50 and the junior market index rose 56.40 points to its highest level of 1,568.99.
Notable trades took place in Cable and Wireless as the stock traded 1,490,388 units up to $1.27 but last traded at $1.20, Lasco Distributors with 60,150 units up to $4.55 for a new high, Lasco Financial Services trading at a new record high of $3.17 with 225,195 units but now trades at $2.98, Lasco Manufacturing with at 536,700 shares at $4, Pan Jamaican Investment trade 11,000 units at $90 up from $85.16 on Friday and Scotia Group that last traded at $29.50 fell to $26.80 with 4,426 units.

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Bulls continue to push higher on Friday

November 6, 2015 by

Scotia Group traded at a 52 weeks' high on Friday.

Scotia Group traded at a 52 weeks’ high on Friday.


The JSE Market Index bounced 1,756.11 points to 134,188.79 the all Jamaica Composite Index jumped 1,962.55 points to end at 148,919.83 and JSE combined index surged 1,839.73 points to end at 140,201.06.
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 12 stocks with bids higher than their last selling prices and 4 with offers that are lower.
In trading, Berger Paints dropped 30 cents to end at $3.50 after 40,000 shares were traded, Cable and Wireless recovered some more lost grounds to gain 15 cents, with 601,894 shares changing hands. On the offer were 174,235 shares at $1.05 with bid in at $1.02 to buy 50,000 units. JSE sum 6-11-15rCaribbean Cement lost 20 cents to end at $17.90, with 10,979 shares changing hands. Carreras had 45,200 units trading, to close at $55.50, the stock gained $1.50 to end at a 52 weeks’ high, Desnoes & Geddes traded 35,403 units at $30, Gleaner Company traded 20,000 shares to end at $1.90, with a loss of 2 cents, Grace Kennedy closed at $68.11 with a fall of 39 cents with 193,092 shares changing hands. Jamaica Broilers traded 209,180 shares to close at $9. Jamaica Producers traded 1,205,762 shares and lost 20 cents to end at $23.50, JMMB Group traded 303,428 shares to close at $10.80 with the price falling 20 cents, Kingston Wharves gained 40 cents and traded 31,327 units to close at $11.50 for a 52 weeks’ closing high, Mayberry Investments rose 3 cents to end at $4.21 by trading 502,040 shares. National Commercial Bank with 79,023 shares changing hands to end at $33. JSE Fn Qts 6-11-15Pulse Investments traded 112,631 shares but lost 5 cents and ended at $1.30. Sagicor Group dropped 5 cents with 137,091 shares trading, to close at $14.45, Sagicor Real Estate Fund traded 1,289 units, the price closed at $9.95 after rising 45 cents, Scotia Group ended with 2,574,294 shares changing hands and closed at a 52 weeks’ high after rising $2.50 at $29.50, Seprod fell 1 cent to close at $15.84 as 20,000 units traded and Proven Investments ordinary share ended at 22.98 US cents with 27,891 units changing hands.

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Bulls push 26 stocks up as 9 fell

November 5, 2015 by

bull The bullishness of Jamaica Stock Exchange continued on Thursday with all three main indices representing the main market being up, at the end of trading. A total of 44 securities were active, leading to 9,435,523 units valued at $123,466,769 changing hands, in all market segments. at the close 26 securities rose and 9 declined with 9 stocks ending at 52 weeks’ closing high and 1 at an intraday 52 weeks’ high.
The JSE Market Index shed 301.69 points to 132,432.68 the all Jamaica Composite Index gained 337.15 points to end at 146,957.28 and JSE combined index dipped 859.23 points to end at 138,361.33.
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 2 with offers that are lower.
In trading, Barita Investments closed at a new 52 weeks’ high of $3.66 while trading 61,000 shares to end at with a gain of 16 cents, after trading at $4, Berger Paints dropped jumped 80 cents to end at a 52 weeks’ high of $3.80 after 207,422 shares were traded. Cable and Wireless recover some lost grounds and gained 15 cents, with 2,120,843 shares changing hands. On the offer were 39,129 shares at 95 cents with bid in at 86 cents to buy 79,702 units. Caribbean Cement rose 10 cents to end at $18.10, with 183,769 shares changing hands. JSE sum 5-11-15rCarreras had a big trade with 1,006,300 units to close at $54 but with 1 million units being a cross, the stock gained 99 cents to end at a 52 weeks’ high, Gleaner Company traded 37,300 shares to end at $1.92, Grace Kennedy closed at $68.50 while gaining 30 cents with 16,379 shares changing hands. Jamaica Broilers traded 207,000 shares to close at $9 for a gain of 50 cents, Jamaica Producers traded 1,237 shares and gained 20 cents to end at a 52 weeks’ high of $23.70, Jamaica Stock Exchange closed with 46,000 shares trading with a gain of 21 cents at $10.86. JMMB Group traded 164,806 shares to close at $11 with the price gaining $1 for new 52 weeks’ closing high, Kingston Wharves traded 44,395 units to close at $11.10 for a 52 weeks’ closing high, after rising by 10 cents,Mayberry Investment rose 10 cents to end at $4.20 by trading 54,500 shares. National Commercial Bank with 47,367 shares changing hands declined 50 cents to end at $32.50. JSE Fn Qts 5-11-15Pan Jamaican jumped $3.49 in trading 19,650 shares to end at $85, Pulse Investments traded 60,000 shares to gain 15 cents and ended at $1.35 for a 52 weeks’ high. Sagicor Group dropped 20 cents with 1,225,725 shares trading, to close at $14.50, Sagicor Real Estate Fund traded 11,929 units, the price closed at $9.50 after falling $1, Scotia Group ended with 110,716 shares changing hands and closed at $26.17 after declining $1.03. Scotia Investments fell 70 cents to close at $26.80 as 811,400 units traded, Supreme Ventures ended at a 52 weeks’ closing high of $4.65, after rising 15 cents with 222,596 shares changing hands and Proven Investments ordinary share ended at 22.98 US cents with 73,500 units changing hands.

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