Trading on the Jamaica Stock Market closed on Wednesday with 12 stocks rising, 8 declining as 29 securities changed hands with 6,830,260 units trading, valued at $85,544,632, in all market segments.
At the close, the JSE Market Index gained 122.39 points to 98,333.57, the JSE All Jamaican Composite index increased 136.80 points to close at 108,849.45 and the JSE combined index added 361.61 points to end at 100,639.26.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator showed a reading of 6 stocks with bids higher than their last selling prices and 2 with offers that were lower.
In trading, Cable and Wireless ended with 50,000 units changing hands at 41 cents, Caribbean Cement lost 75 cents to close at $7.45 with 13,880 shares trading, Carreras gained just 1 cent with 41,680 units trading to close at $50.26, Desnoes & Geddes traded 87,739 shares with a 20 cents fall to $6.80. Gleaner traded unchanged at $1.30 with 123,656 shares changing hands, Grace Kennedy traded just 1,100 shares to gain 99 cents to $64, Jamaica Broilers had 1,424,572 shares changing hands at $5.67 for a 5 cents gain, Jamaica Producers gained 30 cents to close at $18.80 with 10,000 units changing hands. JMMB Group traded 835,324 units to end unchanged at $7.50, Mayberry Investments traded at $2.75 with 
a fall of 25 cents, with 520,277 units, National Commercial Bank had only 12,940 shares trading, but gained 5 cents to $29.55. Pan Jamaican Investments closed at $61 after adding 95 cents to the price, with 581,167 shares, changing hands valued $36 million, Proven Investments had 81,763 shares trading at 20 US cents, Sagicor Group ended trading with 908,500 units at $13. Scotia Group traded 532,374 units to end 3 cents lower at $24.07, traded 20,812 units, 20 cents higher at $26.80, Seprod traded 15,045 shares lost 10 cents lower at $14.90 and Supreme Ventures with 26,000 shares traded at $3.60 for a rise of 25 cents.
12 stocks rose on JSE on Wednesday
JSE off to slow start to week
After 90 minutes of slow trading on Monday, the Jamaica Stock Exchange had 16 
securities trading with 4 stocks rising and 4 declining. A total volume of just over only 740,392 shares have changed hands.
The all Jamaican Composite index gained 117.07 points to 108,649.62 points, JSE Combined Index rose 132.71 points to 100,454.56, JSE Index trades at 98,154.80 points after putting on 104.75 points and Junior Market Index fell to 873.19, up by 3.74 points.
The most noticeable trades so far are, Cable & Wireless trading 565,663 units at 44 cents, for a loss of 2 cents, Gleaner traded at a new 52 weeks’ high of $1.70 after trading 20,000 shares, with the stock price rising 17 cents. Pan Jamaican lost 75 cents with just 300 shares trading, Sagicor Group with 516,000 shares closed 30 cents down to $13.20.
Sharp JSE drop but 4 new highs
Scotia pushes market down on Friday
Trading concluded with 8 stocks rising, 8 declining as 22 securities changed hands, ended in 3,083,351 units trading, valued at $32,242,560 and 4 stocks closed at 52 weeks’ high in all market segments. Overall activity resulted in JSE Market Index declining 976.49 points to 98,050.05. The JSE All Jamaican Composite index lost 1,091.46 points to close at 108,532.55 and the JSE combined index fell 1,118.74 points to end at 100,321.85.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator was showing improved reading over Thursday’s close, with 12 stocks with bids higher than their last selling prices and 6 with offers that were lower, in contrast 13 to 13 at the close on Thursday.in trading, Cable & Wireless had 424,500 units changing hands at 46 cents but closed with an offer to sell 500,000 units at 45 cents, Caribbean Cement had 96,288 units trading at $5.60 after adding 10 cents,Gleaner traded at a new 52 weeks’ high of $1.53 for a 3 cents gain, after trading 10,000 shares, with the stock rising 53 percent since mid-June. Jamaica Broilers had 48,938 shares changing hands at $5.75, National Commercial Bank in
trading 2,970 shares, closed with a fall of 80 cents at $29.10, Pulse Investments closed at a new 52 weeks’ high of 80 cents with 63,000 shares trading, to gain 10 cents. Sagicor Group ended with 682,573 shares trading, at a new closing 52 weeks’ high of $13.50, Scotia Group traded at $23.21, a fall $1.44 from Thursday’s close, with 812,616 shares and Supreme Ventures closed at $4 a new 52 weeks’ closing high, with 96,275 shares trading and Jamaica Money Market Brokers 8.75% preference share traded 798,388 units, but lost 1 cent to end at $2.99.
Scotia Group pushes Indices down
At mid-day Scotia Group fell back to $23.21 from $34.50 at the close on Thursday, to be the main contributor to the morning fall in the market on Friday. Trading on the Jamaica Stock Exchange continued with 19 securities traded, 6 stocks rose and 8 declined. A 
total volume of just over 2,166,651 shares have changed hands at mid-day.
The all Jamaican Composite index dropped 1,254.12 points to 108,369.89 points, JSE Combined Index declined 1,099.60 points to 100,340.99, JSE Index trades at 97,904.53 points after shedding 1,122.01 points and Junior Market Index fell to 886.69, down by 4.61 points.
The most noticeable trades so far are, Cable & Wireless trading 412,500 units at 46 cents, Gleaner traded at a new 52 weeks’ high of $1.53 after trading 10,000 shares, with the stock rising 53 percent since June 16. Pulse at a new 52 weeks’ high of 75 cents with 55,000 shares trading, Sagicor Group with 507,673 shares at $13, Scotia Group that traded at $23.21, a fall $1.44 with 812,616 shares, and Supreme Ventures at $4 a new 52 weeks’ high, with 96,275 shares trading.
JSE continues up
Scotia Climb keeps indices rising
The market closed with a large number of stocks showing softness suggesting that there could be large number of declines evens as advances may pick up from today’s levels.
Trading ended with 9 stocks rising, 5 declining as 23 securities changed hands and ending in 1,876,486 units trading, valued at $10,673,692 and 1 stock closed at 52 weeks’ high in all market segments.
The JSE Market Index declined 284.62 points to 99,026.54 the JSE All Jamaican Composite index gained 318.14 points to close at 109,624.01 but the JSE combined index rose 223.92 points to end at 101,440.59 thanks to gains in the junior market offsetting declines in the main market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator was showing a poor reading of only 13 stocks with bids higher than their last selling prices and 13 with offers that were lower, in contrast 6 to 7 at the close on Wednesday.In trading, Cable & Wireless had 539,627 units changing hands to close at 46 cents. Caribbean Cement had 117,440 units trading at $5.50 after shedding another 20 cents on top of 30 cents on Wednesday. Desnoes and Geddes traded 7,086 shares at $7.39 to end down 15 cents, Gleaner ended with 30452 shares changing hands, to gain 2 cents, for a 52 weeks’ high of $1.50. Jamaica Broilers gained 30 cents to reach $5.75 while only 2,000 shares changed hands, the stock closed with an off at $5.65,
Jamaica Stock Exchange traded just 2,000 shares and shed 35 cents in closing at $5.75, at the close the bid was at $6.15. National Commercial Bank in trading 26,067 shares, to close higher by 86 cents at $29.90, Pan Jamaican rose 50 cents to $62 with 22,779 shares trading, the stock was mostly down on the day at $61.10. Sagicor Group with 20,883 units trading, ended unchanged at $13.01, Sagicor Real Estate Fund traded 80,000 units with a decline of 38 cents to $7.62 and Scotia Group that traded 106,740 shares to close at $24.94 to gain 43 cents but closed with the offer at $24.50. Jamaica Money Market Brokers 8.75% preference share traded 649,316 to gain 2 cents at $3.
Scotia Group pushes Indices
After 90 minutes of trading on the Jamaica Stock Exchange, 15 securities traded 
with 3 stocks rising and 4 declining. A total volume of just over 442,125 shares have changed hands.
The all Jamaican Composite index inched up 401.21 to 109,707.08 points, JSE Combined Index put on 335.46 to reach 101,269.39 points, JSE Index is now at 99,100.86 points after adding 358.94 points and Junior Market Index fell to 895.87, down by 0.32 points.
The most noticeable trades so far are, Scotia Group that traded at $24.95 to gain 44 cents with 106,700 shares, Cable & Wireless traded 243,298 units at 46 cents, Pan Jamaican shed 40 cents to $61.10 with 22,520 shares trading and Gleaner traded at a new 52 weeks’ high of $1.50.
JSE off to big July start
Scotia rose to $24.50 during trading to help push market on Wednesday
Trading ended with 12 stocks rising, 7 declining as 29 securities changed hands and ending in 12,250,815 units trading, valued at $88,380,669 and 3 stocks closed at 52 weeks’ high in all market segments. The main market closed with 6 stocks advancing to 3 falling.
The JSE Market Index declined 1,470.77 points to 98,741.92 the JSE All Jamaican Composite index gained 1,643.93 points to close at 109,305.87 but
the JSE combined index rose 1,218.10 points to end at 101,216.67 thanks to gains in the junior market offsetting declines in the main market.IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator was showing a poor reading of only 6 stocks with bids higher than their last selling prices and 7 with offers that were lower, a deterioration over the ratio of 10 to 6 on Tuesday.
In trading, Cable & Wireless had 278,936 units changing hands to close 1 cent higher at 46 cents. Caribbean Cement had only 3,410 units trading at $5.70 after shedding 30 cents, Carreras lost 79 cents in trading just 27,687 shares to close at $48.21. Desnoes and Geddes traded at $7.55 with 42,504 shares, Gleaner ended with 13,000 shares changing hands to gain 8 cents, for a 52 weeks’ high of $1.48, Grace Kennedy gained 50 cents to reach $64 while 132,737 shares changed hands. Kingston Wharves traded just 1,000 shares and shed 55 cents in closing at $6.60,
National Commercial Bank in trading 25,835 shares, to close unchanged at $29.04, Pan Jamaican Investment had 21,147 shares changing hands at $61.50, Pulse Investments traded at a new 52 weeks’ high of 70 cents after adding 15 cents with 9,000 shares trading. Proven Investments ended with 366,320 ordinary shares trading at 21.2 US cents, up from US$21, Sagicor Group gained just 1 cent with 147,788 units trading, to end at $13.01 after trading as high as $14.50, a new 52 weeks’ high and Scotia Group that traded 10,505 shares to close at $24.50 after trading at $25 and as low as $23.25 to gain $1.25.
All Jamaica Index now up 1,689 points
After 60 minutes of trading on the Jamaica Stock Exchange, 24 securities traded 
with 10 stocks rising compared to just 3 earlier and 5 declining the same as at 10.30 am. A total volume of just over 1 million shares have changed hands.
The all Jamaican Composite index inched up 1,689.49 to 109,351.43 points, JSE Combined Index put on 1,270.82 to 101,269.39 points, JSE Index is now at 98,782.68 points after adding 1,511.53 points and Junior Market Index fell to 897.77, down by 17 points.
The most noticeable trades so far are, Scotia Group that traded at $24.50 to gain $1.25 but with limited volume, Lasco Distributors 27,966 shares at $1.69, Lasco Financial Services 38,764 units at $1.81, Lasco Manufacturing 110,000 shares at $1.45 and Supreme Ventures traded at $3.90 to add 50 cents.
JSE main indices move up
After 60 minutes of trading on the Jamaica Stock Exchange, 18 securities traded 
with 3 rising and 5 declining comprising a total volume of only 370,060 shares changing hands, only 7 stocks have so far traded in the junior market with both declining.
The all Jamaican Composite index inched up 400.20 to 108,062.14 points, JSE Combined Index put on 154.06 to 100,152.63 points, JSE Index is now at 97,629.20 points after adding 358.05 points and Junior Market Index fell to 894.54, down by 20.23 points.
The most noticeable trades so far are, Lasco Distributors 27,966 shares at $1.69, Lasco Financial Services 38,764 units at $1.81, Lasco Manufacturing with 110,000 shares at $1.45 and Supreme Ventures traded at $3.90 to add 50 cents.
Technical issues hit JSE on Tuesday
The Old Lady of North Street traded at a new 52 weeks’ High of $1.40 on Tuesday
The JSE Market Index declined 159.12 points to 97,271.15 the JSE All Jamaican Composite index fell 177.86 points to close at 107,661.94 but the JSE combined index fell just 13.51 points to end at 99,998.57 thanks to
gains in the junior market offsetting declines in the main market.IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator was showing a poor reading of 10 stocks with bids higher than their last selling prices and 6 with offers that were lower, an improvement over the ratio on Monday of 5 to 5. In trading, Cable & Wireless had 200,000 units changing hands to close at 45 cents but looking better than for weeks with bid at 46 cents to buy 201,436 while the offers at 50 cents declined leaving only 315,000 units at the price. With the company reporting profits from operations of $186 million in the March quarter from revenues of $6 billion, the highest in a March quarter since 2007, investors may be quietly going after the stock. The company confirmed that the quarter had some business to business sales in the revenue figure which helped to push improvement up by 29 percent.
Caribbean Cement had 131,225 units trading at $6 after adding 50 cents, Carreras gained 70 cents in trading just 2,382 shares to close at $49. Desnoes and Geddes traded at $7.55 with 54,724 shares, Gleaner ended with 65,885 shares changing hands to gain 11 cents, for a 52 weeks’ high of $1.40. Jamaica Broilers fell 59 cents in trading 7,410 units to end at $5.41, National Commercial Bank in trading 20,960 shares, to close at $29.04, Pan Jamaican Investment had 18,780 shares changing hands 50 cents higher at $61.50. Radio Jamaica ended with 124,000 shares trading at $3.50, Proven Investments ended with 51,900 ordinary share trading at 21 US cents, Sagicor Group gained 45 cents with 22,385 units trading, to end at $13, but had 1 million units on sale at $13 at the close and Proven 8% preference share traded 155,695 units at $5.