25 stocks gained on JSE on Thursday.

October 29, 2015 by

Jamaica Broilers closed at a new 52 weeks' high of $9 on Thursday.

Jamaica Broilers closed at a new 52 weeks’ high of $9 on Thursday.

Cable and Wireless was the star attraction with over 4 million shares changing hands and ending closing higher at the close. Elsewhere trading on the Jamaica Stock Exchange on Thursday as bulls still dominating with the main market indices close with mere increases but the indices still ended at new closing highs except for the junior market.
A total of 25 stocks rose, 10 declined as 8 securities, totalling 12,318,211 units valued at $61,415,667 changed hands, in all market segments. A total of 9 stocks ended at 52 weeks’ closing highs and one at an intraday 52 weeks’ high.
The JSE Market Index shot up 33.96 points to 130,662.79, a new closing high, the all Jamaica Composite Index gained 37.95 points to end at 144,979.32. JSE combined index climbed 239.17, points to end at a new closing high of 15076.74.
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 3 stocks with bids higher than their last selling prices and none with offers that were lower.
JSE Sum 29-10-15rv In trading, Berger Paints lost 40 cents in trading 6,500 shares to close at $3, Cable and Wireless closed with a gain of 10 cents with 4,167,792 shares changing hands to end at 52 weeks’ closing high of $1.40. The stock closed with a bid at $1.35 to buy 269,759 shares and with 14,700 shares on the offer at $1.40. Caribbean Cement lost 1 cent to end at $18, with 159,792 shares changing hands. Cement closed with only two offers to sell 140,000 units at $24, with bids are 100,000 at $17.75, at $17.73 only 32,887 units and at $17.70 one bid of 243,000 shares, as the sellers continue to hold the upper hand currently. Carreras ended with 182,073 shares trading at $53 after. Desnoes & Geddes had 34,421 units changing hands, to close at $30.15, the stock price gained 15 cents for the day. Gleaner moved up 14 cents to $2, as trading ended with 68,200 shares changing hands, Grace Kennedy lost some altitude, with 4,833 shares changing hands at $67.94, to close with a loss of $2.00, Jamaica Broilers traded 208,432 shares to close at a 52 weeks’ closing high of $9. Jamaica Producers gained 6 cents to $20.76 with only 93,468 units in closing at a new 52 weeks high, Jamaica Stock Exchange closed unchanged with only 1,000 shares trading to end at $9.75, JMMB Group traded 20,935 shares to close at $9.80 after declining 5 cents. Kingston Wharves traded 29,500 units to close with a gain of 95 cents at a 52 weeks’ high of $10, Mayberry Investment also closed at a new 52 weeks’ high, as the price rose 29 cents to reach $4.10, by trading 159,650 shares. JSE fn qts 29-10-15National Commercial Bank with 42,039 shares changing hands closed $1.50 higher at $33, Pan Jamaican traded 73,657 shares to end at $80 with the price falling back by $10, Sagicor Group fell 85 cents with 640,958 shares trading, to close at $14.15, Sagicor Real Estate Fund traded 15,310 units as the price closed at $11, Scotia Group ended with 19,258 shares trading and closed at $26.98 after rising by 98 cents. Seprod exchanged 29,445 units and lost 69 cents, and ended at $16, Supreme Ventures ended at $4.20 with 162,100 units changing hands and gained 39 cents and Proven Investments ordinary share, closed with a loss of 1.98 US cents, with 442,900 units traded, to end at 22 US cents.

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All Indices up at 10:20

October 29, 2015 by

JSE int 29-10-15

Filed Under: JSE Main Market, Stock Market

Bulls tamed a bit still active on JSE

October 28, 2015 by

Grace Kennedy traded at a new 52 weeks' high of $70.

Grace Kennedy traded at a new 52 weeks’ high of $70.

Cable and Wireless was the dominant trade on the Jamaica Stock Exchange on Wednesday as bulls continued their rampage and pushed the market to yet another record high of 144,941.37 points after adding 1,786.99 points on the all the all Jamaica Composite Index. The Jamaica telecom giant, traded nearly 8 million units, just under two thirds of the volume traded for the day.
A total of 13 stocks rose, 16 declined as 37 securities, totalling 12,318,211 units valued at $44,798,394 changed hands, in all market segments. A total of 6 stocks ended at 52 weeks’ closing highs and one at a 52 weeks’ low. The JSE Market Index shot up 1,599.02 points to 13,628.83, a new closing high. JSE combined index climbed 1,437.67, points to end at a new closing high of 134,837.57.
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 were lower.
JSE Sum 28-10-15In trading, Barita Investments trading for only the fifth time in October, lost 4 cents in trading 77,450 shares at $2.56, Berger Paints traded 58,499 shares to close at $3.40, Cable and Wireless closed with a gain of 4 cents as with 7,878,875 shares changed hands to end at 52 weeks’ high of $1.30. The stock traded between $1.25 and $1.50 with an average price of $1.44 and closed 1,850 units on the bid at $1.25 and with 63,000 shares on the offer at $1.30. Thursday’s trading could set the stage for the next few days of trading in the stocks. Caribbean Cement lost 49 cents to end at $18.01, with 12,658 shares changing hands. Cement closed with seven lots being offered amounting to just under 375,000 shares between mostly between $18.90 and $24, bids are 100,000 at $17.80 and 293,000 at $17.51, with the sellers having the upper hand currently. Carreras ended at with 9,664 share trading at $53 after. Desnoes & Geddes had 152,548 units changing hands to close at $30, Gleaner traded 150,833 shares at $1.86 for a 6 cents gain, Grace Kennedy exchanged 26,870 shares at $70 to close at a new 52 weeks High as the price gained $3.50, Jamaica Broilers traded 95,595 shares to close at $8.01. Jamaica Producers gained 10 cents to $20.70 with only 3,000 units in closing at a new 52 weeks high, Jamaica Stock Exchange also closed at a new 52 weeks high with 3,380 shares trading to end at $9.75, JMMB Group gained 10 cents in trading 107,923 shares to close at $9.85. JSE fn qts 28-10-15 National Commercial Bank with 29,361 shares changing hands closed at $31.50, Pan Jamaican price traded 34,410 shares to end at $90, for a new 52 weeks’ high, Sagicor Group jumped 70 cents with 197,308 shares trading to close at a new 52 weeks’ high of $15. Sagicor Real Estate Fund traded 6,680 units as the price gained $1 to close at $11 for a 52 weeks’ high. Scotia Group ended with 74,384 shares trading closed at $26 after falling by 50 cents, Supreme Ventures ended at $3.81 with 78,000 units changing hands and lost 9 cents and Proven Investments ordinary share closed with a small loss 67,987 units traded to end at 23.98 US cents.

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C&W up to $1.50 in morning session

October 28, 2015 by

Cable and Wireless traded 4,167,646 units between $1.45 and $1.50 to record and last traded at $1.47. The stocks now has bid of $1.45 to buy 238,600 shares on the offer is 2,544,861 units at $1.50. JSE int 28-10-15 The other main trade has been Lasco Financial Services with 834,793 shares changing hands between $2.55 and $2.63, the stock last traded at $2.63.
Trading resulted in 26 securities changing hands with a volume of 6,111,547 units as 7 stocks gained and 8 declined.
The Jamaica stock market after 90 minutes of trading, recorded another morning of increases in the indices. The All Jamaican Composite index jumped 1,487.61 points to 144,641.99 JSE Market Index rose 1,331.13 points to 130,360.94 the JSE combined index rose 1,329.21 points to be at 134,729.11 and the junior market index rose 8.11 points to 1,304.52.

Filed Under: JSE Main Market, Stock Market Tagged With: ,

Bulls continue rampage on JSE

October 27, 2015 by

bull After clearing the near 11 year record high set back in January 2005 on Monday on Jamaica Stock Exchange bulls continued their rampage and pushed the market on Tuesday to a new record high of 143,154 points after adding 2,959.73 points on the all Jamaica Composite Index.
A total of 24 stocks rose, 10 declined as 40 securities, totalling 6,809,889 units valued at $47,476,253 changed hands, in all market segments. A total of 12 stocks ended at 52 weeks’ closing highs and 3 traded at 52 weeks’ intraday high. The JSE Market Index shot up 2,648.39 points to 129,029.81, a new closing high. JSE combined index climbed 2,323.43, points to end at a new closing high of 133,399.90.
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 12 stocks with bids higher than their last selling prices and 2 with offers that were lower.
In trading, Berger Paints traded 15,000 shares and gained 40 cents to close at $3.40 for a 52 weeks’ high, Cable and Wireless closed with a gain of 24 cents as with 338,626 shares changed hands to end at 52 weeks’ high of $1.26. The stock closed 76,499 units on the bid at $1.27 and with over 2,168,716 million shares on the bid at $1.26. Caribbean Cement gained $1 to end at $18.50 for a new 52 weeks’ closing high, with 193,583 shares changing hands.JSE Sum 27-10-15r Cement closed with seven lots being offered amounting to just over 400,000 shares between $18.50 and $24. Carreras ended at 52 weeks’ high with 5,000 share trading at $53 after adding 98 cents, Ciboney Group traded 200,000 shares to end at 9 cents after gaining 1 cent. Desnoes & Geddes had 451,515 units changing hands to close at $30, Grace Kennedy exchanged 1,200 shares at $67.50 to close at a new 52 weeks High as the price gained $2.40, Jamaica Broilers traded 162,859 shares to close at $8.01. JMMB Group lost 45 cents in trading 115,050 shares to close at $9.75, Mayberry Investments traded 49,431 shares and gained 31 cents to end at a 52 weeks high of $3.81, National Commercial Bank rose 12 cents to end with 73,630 shares trading at $31.50. Pan Jamaican price traded 12,771 shares to end at $80, Pulse Investments traded 118,971 and close at 5 by gaining 4 cents, Sagicor Group lost 20 cents with 68,757 shares trading to close at $14.30.JSE fn qts 27-10-15 Sagicor Real Estate Fund traded 25,000 units as the price gained 80 cents to close at $10 for a 52 weeks’ high. Scotia Group ended with 125,411 shares trading closed at $26.50 after rising by 50 cents, Seprod traded 31,400 shares at $14.96, Sterling Investments traded 216,400 shares to close at $13, Supreme Ventures ended at $3.90 with 808,203 units changing hands and lost 10 cents. Jamaica Money Market Brokers 8.75% preference share, had 100,000 units changing hands at $2.70 and Proven Investments 8% preference share closed with a loss of 10 cents as 120,500 units traded to end at $4.95.

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C&W at $1.21 in morning session

October 27, 2015 by

The all Jamaica Composite Index having broken the old 2005 record has gone on to record more gains in Tuesday morning trading as Cable and Wireless traded at $1.21 to record a gain of 19 cents and is up 18 percent from Monday’s close.
JSE int 27-10-15The stock now has bid of $1.26 to buy 116,500 shares. C&W has more than doubled in price since early last week Wednesday.
Trading resulted in 27 securities changing hands with a volume of 4,516,347 units as 13 stocks gained and 6 declined.
The Jamaica stock market after 90 minutes of trading, recorded another morning of increases in the indices. The All Jamaican Composite index jumped 1,734.44 points to 141,929.09 JSE Market Index rose 1,552 points to 127,933.42 the JSE combined index rose 1,510.32 points to be at 32,586.79 and the junior market index rose only 5.04 points to 1,321.28.

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All Jamaica at record high 140,195 points

October 26, 2015 by
Cable & Wireless HQ - the stock traded at a new 52 weeks' high on Thursday, Friday and Monday

Cable & Wireless HQ – the stock traded at a new 52 weeks’ high on Thursday, Friday and Monday

The Jamaica Stock Exchange closed on Monday at a record high of 140,194.65 points after adding 2,684.37 points with 22 stocks rising, 7 declining as 37 securities, totalling 9,954,429 units valued at $35,061,223 changed hands, in all market segments. A total of 6 stocks ended at 52 weeks’ closing highs.
Today’s gain pushed the market well over the old record of 138,917.59 set on 24th of January 2005 and ends the longest period in the market’s history, that it failed to exceed a previous high. The all Jamaica Composite Index is the last of the JSE indices to hit new highs in October.
The JSE Market Index shot up 2,402.00 points to 126,381.42, a new closing high. JSE combined index climbed 2,317.79, points to end at a new closing high of 131,076.47.
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 11 stocks with bids higher than their last selling prices and none with offers that were lower.
JSE Sum 26-10-15In trading, Berger Paints traded 295,658 shares and gained 25 cents to close at $3, Cable and Wireless closed with a gain of 20 cents as with 307,231 shares changed hands to end at 52 weeks’ high of $1.02. Trading in the stock was suspended for an hour as the as the trade was executed at 97 cents, a price in excess of 15 per cent from the closing price on Friday as investors continue to respond to the news that Liberty Global planned on making a bid to acquire Cable and Wireless’ parent company. The stock closed with over 4.33 million shares on the bid at $1.02 with 2.8 million units at $1 and five offers amounting to only 47,649 shares between $1.13 and $1.70 and at 3.3 million units at $30. Caribbean Cement gained $2.70 to end at $17.50 for a new 52 weeks’ closing high, with 170,368 shares changing hands. Investors were responding to the company’s reported earnings of 72 cents for the September quarter and $1.75 for the nine months. Cement closed with only two lots being offered, amounting to 13,000 shares at $19 and $24. Ciboney Group traded 5,358,999 shares to end at 8 cents after shedding 1 cent. Desnoes & Geddes had 413,169 units changing hands to close at $30, Grace Kennedy exchanged 1,621 shares at $65.10 and gained 35 cents, Jamaica Broilers lost 49 cents in trading 55,596 shares to close at $8.01. JMMB Group gained 30 cents in trading 101,850 shares to close at $10.20, Mayberry Investments traded 8,050 shares and gained 50 cents to end at $3.50, National Commercial Bank fell 62 cents to end with 7,356 shares trading to end at $31.38.JSE fn qts 26-10-15Pan Jamaican price jumped $5 in trading 5,720 shares to end at a 52 weeks’ high of $80, Pulse Investments traded 200,000 and close at 61 by gaining 6 cents, Sagicor Group with 21,192 shares closed at $14.50. Sagicor Real Estate Fund traded 1,104 units but the price gained $1.05 to close at $9.20 and closed with a bid to buy 99,296 units at $9.20 and with only three offers posted with two at $10 to sell 25,000 units and 19,000 at $11, Scotia Group ended with 11,554 shares trading closed at $26 after rising $1.24. Seprod traded 20,700 shares at $14.96, Supreme Ventures ended at $4 with 308,224 units changing hands and gained 10 cents and Proven Investments ordinary traded 6,875 shares and fell 1.5 cents to end at 23 US cents.

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All Jamaica at new record high

October 26, 2015 by

JSE sign shrtpngThe JSE all Jamaica Composite index is at a new all-time high of 139,537.61 at 11.13am on Monday morning after gaining 2,027.33 points, breaking the old record close of 138,917.59 set on 24th of January 2005.
The rise in the price of Cable & Wireless shares by 20 cents or 24.4 percent for the day would be the main contributor to the rise. Others to contribute would be Caribbean Cement up $1.72 to $16.72, Mayberry Investments up 50 cents to $3.50 and Sagicor Real Estate X Fund up $1.05 to $9.20.

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C&W at $1.02 in morning session

October 26, 2015 by

Cable and Wireless traded at 97 cents up 18 percent from Friday’s close of 82 cents with 29.092 shares trading leading to a 1 hour halt in trading. On resumption of trading the stock had the bid up to $1.02. The stock is on offer at $1.20 to sell 20,000 units. Subsequent to 10.45am, Cable & Wireless traded at $1.02.
JSE int 26-10-15The Jamaica stock market after 75 minutes of trading, recorded another morning of increases in the indices. Trading resulted in 15 securities changing hands with a volume of 1,243,459 units as 8 stocks gained and 3 declined.
The All Jamaican Composite index jumped 880.02 points to 138,390.30 JSE Market Index rose 787.45 points to 124,766.87 the JSE combined index rose 839.35 points to be at 129,598.03 and the junior market index rose 10.74 points to 1,321.39.
Jamaican Teas traded 118,989 shares at $3.45, Lasco Distributors had 608,300 shares changing hands at $3, Lasco Manufacturing 183,474 shares between $3.25 and $3.50.

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All Jamaica Composite Index movements

October 24, 2015 by

JSE 23-10-15 indx
The all Jamaica Composite index is the only one of the indices of the Jamaica Stock Exchange that is yet to record a new high, but it is not very far off, and now seems set to brake the old record, on its way to 150,000 points before long. The Surge in the price of Desnoes and Geddes, from $7 to $30 in October in response to the news that Heineken will be making an offer of25.9 US cents for each of the shares it does not hold, has been a major reason for the sharp up turn in the market index.

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