All Jamaica pushes pass 405,000

The main market of the Jamaica Stock Exchange continued to push higher in trading on Tuesday with the All Jamaica Composite Index hitting a high of 405,667.18 having risen by 2,566.89 points at 5 minutes past 10 am.
The market has since pulled back. The All Jamaica Composite Indextrades just over the 405,000 mark at 405,149.64 and the JSE Index at 369,137.17 and is up 1,867.19 after it hit a high for the day at 369,608.70 after rising 2,338.72 at 10.06 am. At the same time the Junior Market is just holding on to positive with a gain of 1.48 at 3,398.48.
Subsequent to the earlier trading, the main market has pulled back with the indices now in decline with AJI down 520.91 points to 402,579.38 and the JSE Index off 474.61 at 366,795.37.

All Jamaica trades just 42 points shy of 405,000

The main market of the Jamaica Stock Exchange continued where it left off on Monday, hitting new highs just after opening at the start of trading on Tuesday.
With just limited trading, the All Jamaica Composite Indexrose 1,672.05 points to a record 404,772.34, beating yesterday’s high of 404,050.65 and the JSE Index gained 1,523.42 points to a record 368,793.40, bettering Monday’s high of 368,135.86. The Junior Market rose 8.90 points at the opening to 3,405.90.
With just 16 minutes of trading, both markets inched higher with the All Jamaica Composite Index rising to a record 404,958.30 and the JSE Index gained 1,523.42 points to a record 368,851.17 while the Junior Market moved up to 3406.05.

Q4 off to record high for JSE majors

Stocks surged to new record high on the Jamaica Stock Exchange main market at the start of October, as the market opened, with the All Jamaica Composite Index jumping within 535 points of the critical 400,000 mark and with 35 minutes of trading, it climbed over 400,000 points for the first time.
At the end of trading All Jamaica Composite Index jumped 9,823 points to a record close of 403,100.29 after it earlier jumped 10,773.36 points with just 13 minutes to close and the JSE Index surged 8,949.87 points to a record close of 366,558.39 after trading higher to a record intraday high of 368,135.86.
A total of 33 securities traded including 4 in the US dollar market, compared to 32 trading on Friday with the prices of 10 securities rising, 12 declined and 11 held firm. The market closed with 3 new highs and Radio Jamaica trading at a 52 week’s low of 92 cents.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and only 2 closing with a lower offer.
The main market ended with 3,284,901 units valued at $66,139,568 changing hands, compared to 7,891,758 units valued at $231,891,130 changing hands on Friday.
Trading closed with Sagicor Real Estate Fund accounting for 1,221,240 units or 37.18 percent of the day’s volume, followed by with 342,484 units and 10.43 percent of the volume traded and with 252,932 units 7.70 percent of the day’s volume.
Trading resulted in an average of 113,272 units valued at $2,280,675 units, in contrast to 281,849 shares valued at $8,281,826 on Friday. September closed, with an average of 1,022,243 shares valued $15,752,876, for each security traded.
In the main market activity, Barita Investments lost 49 cents to close at $18.51, in trading 9,748 shares, Caribbean Cement rose 96 cents to finish at $48, in the trading of 8,500 stock units, Jamaica Producers rose $2 to close at 52 weeks’ closing high of $28, trading 10,364 stock units, Kingston Wharves lost $2 to $72, with 4,140 stock units changing hands, Mayberry Investments climbed 25 cents to finish at $8.25, with 32,181 stock units trading, NCB Financial Group climbed $3.75 and ended trading of 77,954 shares at $128.75, PanJam Investment jumped $6.50 and ended at 52 weeks’ closing high of $64.50, while exchanging 3,510 stock units, Sagicor Group gained 90 cents to settle at $39, in the trading of 157,640 shares. Sagicor Real Estate Fund dived $2.39 to settle at $11.11, trading 1,221,240 shares, Scotia Group rose $2 trading 64,186 units to close at $62.00, Sterling Investments jumped $1 to end at a 52 weeks’ closing high at $23, with 3,352 shares changing hands and Sygnus Credit Investments traded 12,500 shares and fell 50 cents to end at $12.50.

Trading in the US dollar market closed with 20,932 units valued at $7,170 as JMMB Group 5.75 percent preference share concluded trading of 2,500 shares at $2, Proven Investments traded 2,088 shares at 20 US cents, Sygnus Credit Investments US dollar based ordinary share traded 7,500 units but lost 1 cent to end at 10 US cents and Sygnus Credit Investments US dollar based ordinary share traded 8,844 units to end at 11 US cents. The JSE USD Equities Index declined by 0.63 points to close at 161.03.

All Jamaica jumps 9,823 points to record close

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The Jamaica Stock Exchange, started the final quarter of the year with huge gains to end at a record close on Monday after the market traded as high as high as 404,050.65 on the all Jamaica Composite Index.
The All Jamaica Composite Index passed the 400,000 mark for the first time shortly after trading commenced on Monday. At the end of trading All Jamaica Composite Index jumped 9,823 points to a record close of 403,100.29 after it earlier jumped 10,773.36 points with just 13 minutes to close and the JSE Index surged 8,949.87 points to a record close of 366,558.39 after trading higher to a record intraday high of 368,135.86. The Junior Market rose 1.98 points to close at 3,397.
In the main market NCB Financial traded at $128.75 but with 77,954 shares trading and Jamaica Producers traded up to $28, Jamaica Broilers traded up to $30, Pan Jam Investment traded at $63, Scotia Group closed at $62 while Supreme Ventures traded at $23.90 and Sterling Investments traded at a new high of $23.

Record JSE close for September

The Jamaica Stock Exchange, surged sharply for the second trading day with the All Jamaica Composite Index jumping 5,287 points to a record close of 393,277.29 and a gain of more than 10,500 points gain in just two days.
The main market closed on 14 trading days at record high for September helping to bring the gains in the market for the year to 24.3 percent.

The JSE Index that climbed by 4,768.22 points on Thursday, jumped another 4,817.06 points to close at 358,320.11, to be up a strong 9,585 points in just two days.
A total of 32 securities traded including 4 in the US dollar market, compared to 30 trading on Thursday with the prices of 15 securities rose and 8 declined and just 9 held firm.
Mayberry Jamaican Equities closed at a 52 weeks’ high of $11.15, PanJam Investment traded at an intraday high of $64.90 but closed lower than Thursday closing price, while Sterling Investments closed at a new high of $22 and Supreme Ventures closed at a record high of $24.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading is very strong for continuation of the market’s rally and shows 8 stocks ended with bids higher than their last selling prices and only 4 closing with a lower offer.
The main market ended with 7,891,758 units valued at over $231,891,130 changing hands, compared to 269,506,497 units valued at $3,571,606,905 changing hands on Thursday. Trading closed with  Wisynco Group exchanging 1,958,391 units accounting for 24.8 percent of the day’s volume, followed by Jamaica Broilers with 1,868,677 units and 23.68 percent of total volume and Mayberry Jamaican Equities with 923,865 units and just 11.7 percent of the day’s volume.
Trading resulted in an average of 281,849 units valued at over $8,281,826, in contrast to 10,365,635 shares valued at $137,369,496 on Thursday. The average volume and value for the month to date amounts to 1,022,243 shares valued $15,752,876, compared to 579,751 shares valued $9,695,343 changed hands on the immediately preceding trading day. August closed, with an average of 224,564 shares valued at $4,310,285, for each security traded.
In the main market activity, Barita Investments rose $1 and closed at $19, trading 3,965 shares, Caribbean Cement shed $1.96 to finish at $47.04, in the trading of 803,000 stock units, Grace Kennedy gained $1.01 and settled at $60, with 128,848 shares changing hands. Jamaica Broilers jumped $1.50 to $30 and ended trading of 1,868,677 shares, Jamaica Producers lost $1 to close at $26, trading 34,657 stock units, Jamaica Stock Exchange rose 20 cents and finished trading 150,000 units at $8.20, JMMB Group rose 35 cents and closed at $32.50, with an exchange of 56,396 shares. Kingston Wharves rose $2 to $74, with 16,204 stock units changing hands, Mayberry Jamaican Equities climbed 65 cents to finish at 52 weeks’ closing high of $11.15, with 923,865 stock units trading, NCB Financial Group climbed $4 and ended trading of 470,875 shares at $125, PanJam Investment shed $2 and ended at $58, while exchanging 405,279 stock units, Sagicor Real Estate Fund gained 45 cents to settle at $13.50, trading 122,949 shares, Sterling Investments jumped $3 to end at a 52 weeks’ closing high at $22, with 48,709 shares changing hands Supreme Ventures gained $7 and ended at an all-time high of $24, as 40,497 shares traded, Sygnus Credit Investments traded 1,800 shares and rose 70 cents to end at $13 and Wisynco Group rose 35 cents and concluded trading of 1,958,391 stock units at $9.45.
Trading in the US dollar market closed with 48,266 units valued at $7,252 as JMMB Group 5.75% preference share concluded trading of 10,500 shares at $2, Productivity Business ended trading 14,100 shares and increased 4 cents to close at 59 cents and Proven Investments traded 7,115 shares at 20 US cents and Sygnus Credit Investments traded 13,543 units but lost 1 cent to end at 11 US cents. The JSE USD Equities Index gained 2.60 points to close at 161.66.

JSE main market in big jump – Thursday

Sterling Investments jumps to a high of $19 after split announcement.

The Jamaica Stock Exchange enjoyed a big day on Thursday with gains of more than 4,700 points in the market indices as the prices of 13 securities rose and 7 declined and just 10 held firm.
At the close of trading, the All Jamaica Composite Index surged by 5,233.40 points to close at 387,990.29 and the JSE Index jumped by 4,768.22 points to 353,503.05.
Sterling Investments ended at a 52 weeks’ closing high at $19, PanJam Investment traded at closing 52 weeks’ high of $60 while Supreme Ventures close trading at a 52 weeks’ high of $17.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading is very strong for continuation of the market’s rally and shows 8 stocks ended with bids higher than their last selling prices and only 4 closing with a lower offer.
A total of 30 securities traded in the main and US dollar markets compared to 34 trading on Wednesday with  Sagicor Real Estate Fund dominating trading with 264,879,865 units in the main market that ended with 269,506,497 units valued at $3,571,606,905 changing hands, compared to 117,820,162 units valued at $2,898,097,993 changing hands on Wednesday when JMMB Group dominated trading with 102,542,622 units and 87.03 percent of the day’s volume.
Trading resulted in an average of 10,365,635 units valued at over $137,369,496, in contrast to 3,681,880 shares valued at $90,565,562 on Wednesday. The average volume and value for the month to date amounts to 1,022,243 shares valued $15,752,876, compared to 579,751 shares valued $9,695,343 traded on the immediately preceding trading day. August closed, with an average of 224,564 shares valued at $4,310,285, for each security traded.
In the main market activity, Caribbean Cement shed $1.01 to finish at $49, in the trading of 29,872 shares, Jamaica Broilers fell 25 cents in trading 391,212 stock units, to close at $28.50, Kingston Wharves rose $1.70 to $72, with 2,000 stock units changing hands, NCB Financial Group climbed $3 and ended trading of 572,945 shares at $121, PanJam Investment climbed $3.76 and ended at 52 weeks’ closing high of $60, while exchanging 4,880 stock units, Sagicor Real Estate Fund gained $1.05 to settle at $13.05, trading 264,879,865 shares, Seprod lost $2.20 and finished trading 11,100 shares at $43, Sterling Investments gained 50 cents to end at a 52 weeks’ closing high at $19, with 290,741 shares changing hands Supreme Ventures gained 50 cents and ended at $17, as 291,464 shares traded and Sygnus Credit Investments traded 99,600 shares and lost $1.20 to end at $12.30.
Trading in the US dollar market closed with 48,266 units valued at $7,252 as 300 units of JMMB Group 6% preference share traded  at $1.06, Margaritaville traded 14,742 units and rose 1 cent to 20 US cents, Proven Investments traded 2,024 shares at 20 US cents and Sygnus Credit Investments traded 31,200 units and rose 1 cent to end at 12 US cents. The JSE USD Equities Index declined 0.25 points to close at 159.06.

JSE main market gains – Wednesday

Prices of 14 securities rose and 15 declined and just 5 held firm when the Jamaica Stock Exchange closed on Wednesday from 34 securities trading in the main and US dollar markets compared to 33 trading on Tuesday.
At the close of trading, the All Jamaica Composite Index advanced by 1,658.37 points to 382,756.89 and the JSE Index gained 1,510.97 points to close at 348,734.83.
Sterling Investments ended at a 52 weeks’ closing high at $18.50, PanJam Investment traded at an intraday high of $60 while Sagicor Real Estate Fund trading at a 52 weeks’ low of $10.68.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading is very strong for continuation of the market’s rally and shows 8 stocks ended with bids higher than their last selling prices and only 1 closing with a lower offer.
The main market ended with 117,820,162 units valued at $2,898,097,993 compared to 24,501,665 units valued at $302,847,453 changing hands on Tuesday.
The day’s volume was led by, JMMB Group dominated trading 102,542,622 units and 87.03 percent of the day’s volume, followed by Sagicor Real Estate Fund with 10,177,834 shares accounting for 8.64 percent of main market volume and 138 Student Living with 3,333,334 units and just 2.83 percent of the day’s volume.
Trading resulted in an average of 3,681,880 units valued at over $90,565,562, in contrast to 844,885 shares valued at $10,443,016 on Tuesday. The average volume and value for the month to date amounts to 579,751 shares valued $9,695,343, compared to 387,743 shares valued $4,414,023 traded on the immediately preceding trading day. August closed, with an average of 224,564 shares valued at $4,310,285, for each security traded.
In the main market activity, Barita Investments climbed 84 cents and closed at $18 with 205,636 shares changing hands, Berger Paints rose 32 cents to $22.43, in exchanging 1,500 stock units, Caribbean Cement shed $1.51 to finish at $47.99, in the trading of 15,599 shares, Grace Kennedy rose $1 and finished trading 57,180 shares at $59, Jamaica Broilers jumped $2.75 in trading 73,741 stock units, to close at $28.75, Jamaica Producers rose 50 cents and finished trading 146,786 units at $27, Kingston Wharves dropped $3.70 to $70.30, with 10,470 stock units changing hands, Mayberry Investments lost 25 cents and settled at $8.25, exchanging 13,000 units, NCB Financial Group lost $2 and ended trading of 76,697 shares at $118, PanJam Investment climbed $2.74 and closed at $56.24, while exchanging 53,945 stock units, after it hit a 52 weeks’ high of $60, Sagicor Real Estate Fund gained 99 cents to settle at $12, trading 10,177,834 shares, Scotia Group lost $2 in trading 118,566 units at $60, Seprod lost $1.60 and finished trading 3,791 shares at $45.20, Sterling Investments jumped $1.98 to end at a 52 weeks’ closing high at $18.50, with 66,444 shares changing hands.
Trading in the US dollar market closed with 268,098 units valued at $69,579 as JMMB Group 6% preference share rose 6 cents completed trading of 18015 at $1.06 and Proven Investments traded 250,083 shares at 20 US cents after falling by 2 cents The JSE USD Equities Index declined 7.13 points to close at 159.31.

Large drop for JSE main market index – Tuesday

Scotia Group closed with the offer at $58, well below the last traded price.

Prices of 20 securities rose and 9 declined when the Jamaica Stock Exchange closed on Tuesday but a sharp fall during the day by Scotia Group, sank the main market indices by more than 2,800 points.
At the close of trading, the All Jamaica Composite Index diving 3,116.64 points to 381,098.52 and the JSE Index dropping 2,839.61 points to close at 347,223.86.
Market activities resulted in 33 securities trading, including 3 in the US dollar market compared to 32 securities trading on Monday. Sterling Investments jumped to a record close following an announcement of a proposed stock split and rights issue.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading is very strong for continuation of the market’s rally and shows 8 stocks ended with bids higher than their last selling prices and only 7 closing with lower offers.
The main market ended with 24,501,665 units valued at $302,847,453 compared to 2,957,550 units valued at over $67,644,851 changing hands on Monday.
The day’s volume was led by, JMMB Group 7.50% preference dominated traded with 12,856,800 units and 52.47 percent of the day’s volume, followed by Sagicor Group with 3,109,728 shares accounting for 12.7 percent of main market volume and Wisynco Group with 2,530,222 units and just 10.3 percent of the day’s volume.
Trading resulted in an average of 844,885 units valued at over $10,443,016, in contrast to 101,984 shares valued at $2,332,581 on Monday. The average volume and value for the month to date amounts to 387,743 shares valued $4,414,023, compared to 360,577 shares valued $4,034,759 traded on the immediately preceding trading day. August closed, with an average of 224,564 shares valued at $4,310,285, for each security traded.
In the main market activity, Caribbean Cement climbed $1.50 to finish at $49.50, trading 10,500 shares, Grace Kennedy rose 83 and finished trading 412,044 shares at $58, Jamaica Broilers dropped $1.05 in trading 90,832 stock units, to close at $26, Jamaica Producers lost 50 cents and finished trading 1,102,131 units at $26.50, Kingston Wharves jumped $5 and finished at $74, with 3,626 stock units changing hands, Mayberry Investments lost 30 cents and settled at $8.50, exchanging 4,700 units, NCB Financial Group climbed $4.98 and ended trading of 132,380 shares at $120, PanJam Investment fell $3.46 and closed at $53.50, while exchanging 129,129 stock units, Sagicor Group gained 50 cent to settle at $39, in the exchange of 3,109,728 shares, Salada Foods ended trading 100 stock units and rose $1 to end at $19. Scotia Group lost $1 in trading 243,253 units at $62.01, Sterling Investments jumped $2.02 to end at a 52 weeks’ closing high at $16.52, with 28,864 shares changing hands,Sygnus Credit Investments traded 2,361,804 shares and jumped $1.67 to close at $13.72, Stanley Motta gained 46 cents to $5.31 trading 170,600 shares, Supreme Ventures added 50 cents and ended at $16.50 with an exchange of 25,610 shares and Victoria Mutual Investments lost 19 cents and concluded trading 168,538 stock units at $3.70 and Wisynco Group rose 25 cents and finished at $9.10, with 2,530,222 units.
Trading in the US dollar market closed with 110,523 units valued at $34,145 as JMMB Group 5.75% preference share declined by 1 cents completed trading of 10,845 at $2, JMMB Group 6% preference share lost 5 cents completed trading of 10,845 at $1.01, Proven Investments traded 66,878 shares at 22 US cents after falling by 1 cent and Sygnus Credit Investments USD Ordinary share traded 30,300 units losing 1 cent at 11 US cents. The JSE USD Equities Index advanced 4.42 points to close at 166.44.

JSE main market retreats on Monday

The Jamaica Stock Exchange main market closed, with the All Jamaica Composite Index losing 2,368.58 points to 384,215.16 and the JSE Index dipping 2,158.04 points to 350,063.47.
Market activities resulted in 32 securities trading, including 3 in the US dollar market compared to 31 securities trading on Friday. The prices of 10 stocks rose, 11 declined and 11 closed, unchanged.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading is very strong for continuation of the market’s rally and shows 8 stocks ended with bids higher than their last selling prices and only 1 closing with a lower offer.
The main market ended with 2,957,550 units valued at over $67,644,851 compared to 10,467,731 units valued at $82,276,433 changing hands on Friday.
The day’s volume was led by, Wisynco Group with 1,164,093 units and 39.4 percent of the day’s volume and Scotia Group with 243,253 units.
Trading resulted in an average of 101,984 units valued at over $2,332,581, in contrast to 348,924 shares valued at $2,742,548 on Friday. The average volume and value for the month to date amounts to 360,577 shares valued $4,034,759, compared to 376,915 shares valued $4,149,025 traded on the immediately preceding trading day. August closed, with an average of 224,564 shares valued at $4,310,285, for each security traded.
In the main market activity, Barita Investments lost $1.50 to close at $17 trading 23,551 shares, Grace Kennedy lost 83 and finished trading 94,795 shares at $57.17, Jamaica Broilers dived $5.44 in trading 68,512 stock units, to close at $27.05, Jamaica Producers gained $2.45 and finished trading 23,000 units at $27, Kingston Wharves declined $3.50 and finished at $69, with 7,519 stock units changing hands, Mayberry Investments gained 80 cents and settled at $8.80, exchanging 5,632 units, NCB Financial Group climbed $4.92 and ended trading of 157,027 shares at $115.02, Sagicor Group gained 50 cents to settle at $38.50, in the exchange of 162,322 shares, Salada Foods ended trading 100 stock units and rose $1 to end at $19. Scotia Group lost $1 in trading 243,253 units at $62.01, Sygnus Credit Investments traded just 2,350 shares but lost 95 cents to close at $12.05, Supreme Ventures fell 45 cents and ended at $16 with an exchange of 81,842 shares and Victoria Mutual Investments rose 25 cents and concluded trading 101,842 stock units at $3.89.
Trading in the US dollar market closed with 39,200 units valued at $14,546 as JMMB Group 6% preference share rose 1 cents completed trading of 10,000 at $1.06, Proven Investments traded 7,500 at 22 US cents after falling by 1 cent and Sygnus Credit Investments USD Ordinary share traded 21,700 units losing 1 cent at 11 US cents. The JSE USD Equities Index lost 4.92 points to close at 162.02.

NCB continues to bounce around on JSE

NCB Financial stock closed at $110 after hitting $125 on Friday.

NCB Financial share price bounced around on Friday similar as it was on Thursday. Seconds after opening, the price was driven to $125, pushing the market sharply up, but it continued to bounce around during the day and finally ended at $110.
The market closed, with the All Jamaica Composite Index gaining a mere 5.04 points to 386,583.74 and the JSE Index rose just 4.59 points to 352,221.51. Market activities resulted in 31 securities trading, including 1 in the US dollar market compared to 29 securities trading on Thursday.
At the end of trading, the prices of 13 stocks rose, 11 declined and 7 closed, unchanged. JMMB Group traded at 52 weeks’ high of $34.50 and PanJam Investment hit a high of $59 but they both closed lower at the close.
The main market ended with 10,467,731 units valued at $82,276,433 compared to 2,861,546 units valued at $139,051,316 changing hands on Thursday.
The day’s volume was led by, JMMB Group 7.5% preference share with 5,971,000 units, 57 percent of total volume traded, followed by Carreras with 1,556,951 units and 14.87 percent of main market volume and Wisynco Group with 983,953 units 9.4 percent of the day’s volume.
Trading resulted in an average of 348,924 units valued at over $2,742,548, in contrast to 105,983 shares valued at $5,150,049 on Thursday. The average volume and value for the month to date amounts to 376,915 shares valued $4,149,025, compared to 378,872 shares valued $4,253,986 traded on the immediately preceding trading day. August closed, with an average of 224,564 shares valued at $4,310,285, for each security traded.
In the main market activity, Berger Paints rose 50 cents to close at $22 trading 7,934 shares, Caribbean Cement lost $1.95 and finished trading 1,513 shares at $48, Jamaica Broilers jumped $1.24 in traded 83,050 stock units, to close at $32.49, Jamaica Producers lost $2.45 and finished trading 204,445 units at $24.55, Kingston Wharves jumped $4 and finished at $72.50, with 3,112 stock units changing hands, Mayberry Investments shed 30 cents and settled at $8, exchanging 213,025 units, Sagicor Group fell $1.25 to settle at $38, in the exchange of 108,965 shares, Sagicor Real Estate Fund lost $1 to settle at $11.00, with 176,754 shares. Seprod finished trading at $46.80, after falling 20 cents trading 9,397 shares, Stanley Motta lost 30 cents to end trading of 14,100 stock units at $4.80, Supreme Ventures gained 34 cents and ended at $16.45, trading 160,439 shares, Sygnus Credit Investments traded just 1,934 shares and rose 71 cents to close at $13 and Wisynco Group lost 15 cents to finish at $8.85, with 983,953 units changing hands.
Trading in the US dollar market closed with 14,159 units valued at $3,109 as Proven Investments was the sole stock trading at 22 US cents. The JSE USD Equities Index lost 0.16 points to close at 166.94.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading is very strong for continuation of the market’s rally and shows 8 stocks ended with bids higher than their last selling prices and 2 closing with lower offers.