Market activity was halted on the Jamaica Stock Exchange due to technical issues that occurred around mid-day a Jamaica Stock Exchange source indicated to IC Insider. Trading resumed at 3 PM and closed at 3:30.
Not many more securities traded after resumption, but 19 million Gleaner shares changed hands, 18,996,993 units were bought through Victoria Mutual Wealth Management and sold by Mayberry Investments from house inventory at 3:17:44 PM with a value of $36,094,287.
Trading ended with just 23 securities changing hands as 23,173,353 units, valued at $96,919,052 were exchanged. At the end 13 stocks gained, compared to only 2 on Wednesday and 4 declined in all market segments.
The JSE Market Index rose 2.14 points to 98,798.05, the JSE All Jamaican Composite index added only 2.40 points to 109,368.67 and the JSE combined index gained 52.07 points to end at 102,111.65.
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 5 with offers that were lower.
In trading, Cable and Wireless had 1,263,154 shares changing hands to close at 48 cents, down 2 cents, Carreras traded 379,430 units at $50.25, gaining 25 cents from Wednesday’s close, Gleaner Company traded 19 million units in two trades at $1.90, after adding 5 cents. Jamaica Broilers traded at $5.90 at the end with 66,961 shares changing ownership
after gaining 30 cents. Jamaica Producers added $1.90 to $18 with 171,230 units trading. The Jamaica Stock Exchange shares added 5 cents with 8,465 shares changing hands at $7.55, JMMB Group had 52,374 shares changing hands at $7.65, National Commercial Bank traded 136,629 shares and closed at $30, Sagicor Group with 22,400 shares changing hands, closed at $12.70 with a 20 cents increase. Scotia Group traded 134,944 units in closing at $24.12 for an increased just 2 cents and Proven Investments ordinary share, traded 1,208,025 units at 19.5 US cents after losing 0.05 cents.
Gleaner trades 19m shares on JSE
JSE trading resumes
Trading on the Jamaica Stock Exchange that was suspended resumed at 3pm is will close at 3:30PM, since resumption a big block of Gleaner shares that was hanging over the market traded at $1.90 with 19 million units changing hands. Jamaica Producers also traded 171,230 units at $18.
Trading breaks down at JSE Thursday
Trading activities on the Jamaica Stock Exchange was suspended resulting from technical issues the exchange advised IC Insider. According to the information the system went down at around 12:15 PM the last traded took place at mid-day. No trading is currently taking place but there is expectation that it should resume, once the problems are resolved. In the past resumption of trading usually goes on for a period equal to the suspension.
The market has so far have trading in 20 securities with a volume of 3,152,924 units, with 2 stocks declining and 1rising. Trading activity resulted the JSE Market Index falling 91.60 points to 98,704.31. The JSE All Jamaican Composite index fell 102.38 points to 109,263.89 and the JSE combined index slipped 21.98 points to be at 102,037.60. The junior market rose 7.11 points to 990.60.
The main trades so far are Cable & Wireless with 1,012,688 units at 48 cents, Carreras traded 379,430 at $50.25, National Commercial Bank had 136,629 units trading at $30, Proven Investments 1,208,025 units trading was at 19.5 US cents and Scotia Group have 134,944 shares trading at $24.12.
JSE down slightly in morning session
The Jamaica market has had moderate trading in Thursday morning session with
activity so far accounting for 19 securities changing hands with a volume of 3,115,536 units, with 2 stocks declining and 10 rising.
Trading activity resulted the JSE Market Index falling 104.36 points to 98,691.55. The JSE All Jamaican Composite index fell 116.64 points to 109,249.63 and the JSE combined index slipped 34.01 points to be at 102,025.57. The junior market rose 7.11 points to 990.60.
Partial rebound for JSE
The Jamaica Stock Exchange ended trading with 20 securities changing hands and a total of 3,429,742 units, valued at $38,607,071 being active. At the end there were only 2 stocks rising, 6 declining in all market segments. The main market saw 2 stocks rising and 2 declining at the close.
The JSE Market Index rose 518.70 points to 98,795.91. The JSE All Jamaican Composite index added 579.76 points to 109,366.27 and the JSE combined index gained 423.11 points to end at 102,059.58.
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 5 with offers that were lower.
In trading, Cable and Wireless had 481,497 shares changing hands to close at 50 cents, Caribbean Cement traded 47,336 shares at $8 and gained 40 cents, Carreras traded 214,390 at $50,
Grace Kennedy traded 3,505 units at $64 after adding $1. The Jamaica Stock Exchange shares lost 30 cents with 113,480 shares changing hands to $7.50, National Commercial Bank traded 400,450 shares and closed at $30, Radio Jamaica ended with 10,411 units changing hands but lost a cent to close at $3, Sagicor Group with 45,991 shares changing hands, closed at $12.50. Scotia Group traded only 6,343 units in closing at $24.10 for an increased 36 cents and Proven Investments ordinary share, traded 429,388 units at 20 US cents.
JSE up on Wednesday morning
National Commercial Bank dropped back $2.49 in early trading on Tuesday but this morning the stock had 400,000 units trading at $30.
Carreras traded 201,440 at $50, Jamaica Stock Exchange lost 25 cents with 100,000 shares to $7.55, Proven Investments 429,388 units trading was at 20 US cents.
In the junior market Lasco Financial Services has traded 577,000 at $1.80.
The market have so far seen trading in 18 securities with a volume of 1,756,025 units and 4 stocks declining and 3 rising. Trading activity resulted the JSE Market Index rising 587.66 points to 98,864.87. The JSE All Jamaican Composite index climbed 656.84 points to 109,443.35 and the JSE combined index gained 544.78 points to be at 102,181.25. The junior market fell 1.02 points to 989.75.
Scotia chops $3.16 off price on JSE
The Jamaica Stock Exchange ended trading with the JSE All Jamaican Composite index diving over 3,600 points in the morning session but closed with a lower loss. At the end of trading, Scotia Group chopped $3.16 off its opening price to help give the market a big jolt.
Trading ended with 27 securities changing hands and a total of 3,767,792 units traded, valued at $63,786,913, there were 6 stocks rising, 10 declining in all market segments.
The JSE Market Index dropped 1,855.33 points to 98,277.21. The JSE All Jamaican Composite index dived 2,073.75 points to 108,786.51 and the
JSE combined index declined 1,565.32 points to end at 101,636.47.
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 7 with offers that were lower.
In trading, Cable and Wireless had 447,329 shares changing hands and lost 2 cents to close at 50 cents, Caribbean Cement traded 41,225 shares at $7.60 but lost 40 cents, Grace Kennedy traded 3,505 units at $64 after adding $1, Jamaica Broilers lost 50 cents to close at $5.60 with 126,088 shares changing hands. JMMB Group traded 75,068 units to end at $7.65. Mayberry Investments closed with a loss of 30 cents to $2.70 with 4,590 shares changing hands,
National Commercial Bank traded 203,540 shares and closed at $30 after it slipped to $27.51 in the morning session. Pan Jamaican ended with 58,784 units changing hands by adding $1.15 to close at $62, Sagicor Group with 196,270 shares changing hands, closed at $12.50, Scotia Group traded 1,680,374 units between the closing price of $23.74 and $26 but ended with a loss of $3.16. Scotia Investments ended at $24.10 while 6,400 units traded. Proven Investments ordinary share, traded 266,837 units at 20 US cents, a loss of 0.11 US cents and Proven Investments 8% share traded 368,901 units at $4.90.
JSE drops 2,100 points – Tuesday morning
National Commercial Bank dropped back $2.49 with only 5,000 to $27.51 a ripped out a large portion of the main market indices on a morning of very slow trading. The only
other trades of note on the main market are 259,275 units of Cable & Wireless at 52 cents each and Proven Investments 8% preference share trading at $4.0 with 368,901 shares.
The market has so far have trading in 14 securities with a volume of 747,689 units, with 2 stocks declining and 3 rising. Trading activity resulted the JSE Market Index falling 1,896.27 points to 98,236.27. The JSE All Jamaican Composite index dropped 2,119.51 points to 108,740.75 and the JSE combined index lost 1,774.90 points to be at 101,426.89. The junior market rose 1.45 points to 971.89.
NCB adds $2.50 to regain $30 on JSE
The Jamaica Stock Exchange closed trading with a total of 28 securities changing hands and 2,579,234 units traded, valued at $15,166,869. At the end 10 stocks rose, 9 declined in all market segments and one in the preference section ended at a new low.
The JSE Market Index fell 160.92 points to 100,132.54. The JSE All Jamaican Composite index lost 179.86 points to 110,860.26 and the JSE combined index declined 120.43 points to end at 103,201.79.
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 4 with offers that were lower.
In trading, Cable and Wireless had 528,065 shares changing hands and closed at 52 cents,
Desnoes & Geddes traded 1,015,300 shares at $7 and gained 20 cents, Gleaner Company traded 7,000 shares at $1.85, Grace Kennedy traded 3,993 units at $63, JMMB Group traded 117,375 units and rose 5 cents to end at $7.65. Kingston Wharves closed unchanged at $7 with 10,100 shares changing hands, National Commercial Bank traded 117,375 shares and closed with a gain of$2.50 at $30, Sagicor Group with 44,714 shares changing hands, closed at $12.50 for a loss of 50 cents, Sagicor Real Estate Fund traded 64,063 units and lost 10 cents to settle at $7.90. Scotia Group traded 16,081 units between $25.01 and $26.90 but closed with a gain of 40 cents at $26.90. At the close there were 12 offers ranging between $26.90 and $30,
starting with 71,299 shares at $26.90, on the buy side, bids which are not yet close to the last selling price, start at $25.10 to buy 800 shares. Scotia Investments lost $2.40 and ended at $24.10 while 1,000 units traded. Proven Investments ordinary share, traded 5,754 units at 20.11 US cents, down from 21 US cents Supreme Ventures ended at $4.14 with 25,500 units changing hands. Jamaica Money Market Brokers 7.50% preference share traded 21,050 units at $2 and Jamaica Money Market Brokers 8.75% preference share traded 15,000 units at $2.88 and shed 12 cents in the process to close at a 52 weeks’ low.
Big drop in JSE indices Monday morning
Scotia Group is down $1.49 to $25.01 with 14,332 shares and is the major factor
that pulled the market indices down. Scotia Investments fell back to $24.10 down $2.90 with just 1,000 units trading. Cable & Wireless continued to be in demand and traded 432,065 shares at 52 cents.
The market has so far have trading in 24 securities with a volume of 721,629 units, with 6 stocks declining and 5 rising. Trading activity resulted the JSE Market Index falling 1,662.02 points to 98,631.44. The JSE All Jamaican Composite index dropped 1,857.67 points to 109,171.40 and the JSE combined index lost 1,535.84 points to be at 101,786.38. The junior market rose 3.46 points to 970.44.