The Jamaica Stock market suffered large losses in the morning session up to 10 am, in the process the All Jamaica Index trades at 108,368.40 down by 602.03 points,
JSE Market Index declined 538.63 points to 97,903.13. The combined index fell 723.97 points to be at 101,219.77 and the junior market index 983.71, down 23.87 points.
Access Financial traded at $13 for a fall of $2.51 on small volume, Caribbean Cream traded back at $2 with 200,000 shares, General Accident Insurance traded at a 52 weeks with low volume at $1.25, Lasco Financial traded 270,000 at $2 with a 20 cents gain. Jamaica Broilers traded 203,100 with a loss of 23 cents to $5.62, National Commercial Bank traded 377,238 shares $1 lower at $28. Jamaica Money Market Brokers 7.50% preference share traded 486,000 units at $2.
A total of 22 securities with a volume of only 1,768,650 units have traded with 7 stocks declining versus 7 that rose.
JSE down on Friday morning
JSE decline continues on Thursday
The Jamaica Stock Exchange on Thursday closed with main market indices recording tripe digit losses, adding to the big losses on Wednesday. The market closed with a fairly high participation rate of 30 securities changing hands but with low activity resulting in just 2,344,156 units trading, valued at only $14,789,149 with 9 stocks rising, 10 declining with 2 stocks closing at 52 weeks high and 1 at a 52 weeks’ low, in all market segments.
At the close, the JSE Market Index fell 657.55 points to 98,441.76, the JSE All Jamaican Composite index dived 734.97 points to close at 108,970.43 and the JSE combined index dropped 731.14 points to end at 101,943.74.
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 that reflects continuation of declining stocks having the upper hand over advancing one with 6 stocks with bids higher than their last selling prices and 9 with offers that were lower.
In trading, Cable and Wireless had 214,092 shares changing hands to end at 40 cents, Caribbean Cement had 112,969 units changing hands at $8.01, Desnoes & Geddes traded 212,380 shares at $7 for a gain of 21 cents, Gleaner closed with 17,000 shares and fell 20 cents to $1.80.
Jamaica Broilers traded at $5.85 with 8,550 shares changing hands for a loss of 20 cents, JMMB Group traded 383,750 shares at $7.95, National Commercial Bank traded 26,130 shares to end lower by $1 to $29, Proven Investments ordinary share traded 225,030 units at 19.5 US cents, up 0.50 cents. Sagicor Group with 17,030 shares changing hands, closed 51 cents down at $12.95, Sagicor Real Estate Fund fell 25 cents to close at $8.50 while trading a mere 865 units, Scotia Group traded 11,272 units to close at $23.75, up 5 cents. Supreme Ventures ended at $3.35 with 92,500 units to be down by 15 cents and Jamaica Money Market Brokers 7.50% preference share traded 75,000 units at $2.
JSE up slightly juniors drop Thursday morning
The Jamaica Stock market has started the morning session up to 10.30 am on a slow pace, in the process the All Jamaica Index trades at 109,785.04 to gain 79.64
points, JSE Market Index rose 71.26 points to 99,170.57. The combined index fell 97.47 points to be at 102,577.41 and the junior market index 1,001.67, down 18.18 points.
In trading, Cable & Wireless rose back to 45 cents with only 88,317 units, Gleaner slipped to $1.80 from $2 while trading 17,000 shares, JMMB Group traded only 38,3750 units at $7.95 and Proven Investments Limited contributed 120,000 shares at 19 US cents.
A total of 19 securities with a volume of only 820,481 units have traded with 6 stocks declining versus 5 that rose.
Big drop for JSE Wednesday morning
The Jamaica Stock market suffered large losses in the morning session up to 11 am, in the process the All Jamaica Index trades at 110,281.78 to fall by 2,012.29 points, JSE Market Index declined 1,800.35 points to 99,614.99. The combined index fell 1,738.30 points to be at 103,101.32 and the junior market index 1,013.25, down 4.50 points.
Today the Treasury bill bid in the monthly auction is opened. This is a day when investors’ minds are historically not focused on the stock market as they await the outcome of interest rates, as well as how successful their bidding turn out to be. The sluggishness in trading in the morning session, could be related to this development. At the close of trading on Tuesday the signals were for a weaker market on Wednesday, today’s slowness should come as no great surprise.
On a day when there were few stocks rising, Cable & Wireless buck the trend with a rise to 45 cents with only 88,668 units, Caribbean Cement traded only 1,011 units at $8.20 for a 20 cents rise, Scotia Group fell back from $24.50 to $24.01 with just 5,000 shares and contributed a large portion of the fall in the indices, Jamaica Stock Exchange that traded at a new high of $9 on Tuesday traded just 2,000 shares at $8.50 but the stock has an offer at $8.20. Mayberry fell 55 cents to $2.85, with 42,467 shares, Radio Jamaica traded 2,500 shares with a loss of 99 cents to $3.01 and Supreme Ventures traded at 11,600 shares and fell $1 to $3.50.
A total of 21 securities with a volume of only 2,160,851 units have traded with 10 stocks declining versus 3 that rose.
JSE drops then jumps Tuesday morning
The Jamaica Stock market suffered large losses in the morning seconds before 11 am, in the process the All Jamaica Index trades at 110,787.47 to fall by 738.14 points, JSE Market Index declined 660.40 points to 100,067.42. The
combined index fell 667.04 points to be at 103,642.18 and the junior market index 1,025.87, down 4.90 points.
A trade in Scotia Group that pushed the price back to $26 swung things around, with the all Jamaica Index jumping 934.41 points to 112,460.02, JSE Market Index gained 836 points to 101,563.82. The combined index was up 735.14 points to be at 105,044.36. The junior market index was at 1,024.90
Dolphin Cove fell 85 cents to $12.15, Gleaner Company traded at 63,082 shares and fell 56 cents to $2.17, Jamaica Broilers fell 89 cents to $6.10, Jamaica Stock Exchange traded at a new high of $8.50 with only 2,000 shares and Palace Amusement gained $5 to $65.
A total of 26 securities with a volume of only 766,233 units have traded with 8 stocks declining versus 7 that rose.
JSE slips slightly at close Monday
The Jamaica Stock Exchange on Monday closed with main market indices undergoing small losses. The Jamaica stock market closed with 8 stocks rising, 12 declining as 28 securities changed hands with 3,402,118 units trading, valued at $40,255,758, in all market segments.
At the close, the JSE Market Index dropped 80.85 points to 100,727.82, the JSE All Jamaican Composite index shed 90.37 points to close at 111,525.61 and the JSE combined index dipped 54.59 points to end at 104,309.22.
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 7 stocks with bids higher than their last selling prices and 6 with offers that were lower.
In trading, Berger Paints had 27,080 shares changing hands with a gain of 5 cents to end at $2.60, Carreras dropped $1.50 to $50 with 157,969 shares changing hands, Gleaner closed with 70,665 shares and gained 2 cents at $2.73 after the price had fallen in the morning session to $2.30. Hardware & Lumber ended up at $16, after adding $1 with 13,500 units changing hands. Jamaica Producers traded at $19 with 100,000 shares changing ownership.
JMMB Group traded 12,000 shares up to $7.99 to gain 19 cents, with the company reporting strong increase in profit for the first quarter, National Commercial Bank traded 99,530 shares at $30 while losing 10 cents. Pulse Investments lost 10 cents in trading 57,000 shares to end at 35 cents, Radio Jamaica traded 27,440 shares to end at $4, with a gain of 5 cents, Sagicor Group ended trading with 1,770,848 units at $13, Sagicor Real Estate Fund lost 20 cents to close at $8.10 while trading 23,990 units. Scotia Group did not trade but had a bid at $24.51 that is higher than the last selling price of $24 and Scotia Investments traded 9,157 with decline of 69 cents to $27.30.
JSE drops Monday Morning
The Jamaica Stock market made moderate losses in the Monday morning session, at 11:15 am. In the process the All Jamaica Index trades at 111,329.50 having fallen
by 286.48 points, JSE Market Index declined 256.31 points to 100,552.36. The combined index fell 217.09 points to be at 104,146.72 and the junior market index trades at 1,031.09, having gained 2.71 points.
Carreras dropped $1.50 to $50 with 84,690 shares, Gleaner Company traded 61,465 shares and fell 41 cents to $2.30. JMMB Group traded up to $7.99 with the company reporting strong increase in profit for the first quarter and Scotia Investments traded 9,157 units with decline of 69 cents to $27.30.
A total of 23 securities with a volume of only 865,541 units have traded with 10 stocks declining versus 5 that that rose. Trading saw 6 securities in the junior market changing hands with General Accident falling 14 cents in response to poor second quarter results.








