The all Jamaican Composite Index slipped 173.68 points to be 108,502.71 at 11:30am 
and the JSE Index fell 149.08 points to 98,199.33 but the junior market index is up 1.47 to 884.69. A total of 22 securities traded with 1.64 million units changing hands as seven stocks rose and 8 declined. Only 4 stocks traded in the junior market so far with small volumes.
Trading in the main market has resulted in a number of ne w52 weeks’ high, these include Berger at $2.60, Desnoes & Geddes at $7.50, Jamaica Broilers at $5.50, Jamaica Producers at $20 and Sagicor Real Estate Fund at $8.
JSE softens 7 up 8 down
May 20, 2015 by
Rally maybe going on holiday
May 19, 2015 by
Jamaica Broilers closed at a new 52 weeks high on Tuesday
By the end of trading, the market gave up all the gains and much more as the market continues to struggle to move away from the resistance level which it crossed over recently. The JSE Market Index lost 939.55 points to 98,348.41, the JSE All Jamaican Composite index fell 1,050.45 points to 108,676.39 and the JSE combined index dropped 1,010.08 points to close at 100,729.99.
Activity, resulted in the prices of 10 stocks rising, 12 declining as 35 securities changed hands, ending in 9,192,775 units trading, valued at $92,864,773, in all market segments. Only three new highs were recorded in the overall market, with Jamaica Broilers ended at $5.49 and Jamaica Stock Exchange at $3.55 as new 52 weeks closing highs 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 shows 10 stocks with bids higher than their last selling prices and 3 with offers that are lower.In trading, Berger Paints as it traded at $2.55 with 14,650 shares, but there is a strong bid at $2.55 to buy 123,873 shares. Cable & Wireless had 306,000 shares trading at 47 cents, Caribbean Cement traded 292,100 units to close at $5, Carreras traded 211,982 shares to close at $49, Gleaner posted 322,432 units to end at $1, Grace Kennedy gained 5 cents to close at $63.55 with 45,627 units, the stock traded at $65 during the trading session. Jamaica Stock Exchange put through 83,000 units and ended at $3.55, JMMB Group lost 51 cents in trading 219,760 shares at $9.49, at the close. National Commercial Bank had 113,179 units trading between $29.50 and $30.20, the closing price, as 20 cents was added.
Sagicor Group traded down to $11 during the day but ended up with a decline of 1 cent at $11.99, at the end with 5,150,556 shares, changing hands. Mayberry sold more than 3.5 million units mostly at $11 from their inventory and Sagicor Investments was another major buying and selling broker of the stock. Scotia Group put on 70 cents to $26 with 8,794 units trading, Seprod had 136,611 units changing hands at $18.50, and Supreme Ventures traded 116,465 shares between $3.89 and $3.95 but ended at $3.90 and Proven Investments slipped by half of a cent in trading 61,517 units at 20.5 US cents.
JSE Markets up pace slowing
May 18, 2015 by
Grace fell $1 after reporting a decline in Q1 profits
Activity on the Jamaica Stock Exchange, resulted in the prices of 15 stocks rising, including 8 new 52 weeks’ high, 7 declining as 35 securities changed hands, ending in 4,079,019 units trading, valued at $46,667,393, in all market segments. The JSE Market Index gained 295.86 points to 99,287.96, the JSE All Jamaican Composite index rose 330.79 points to close at 109,726.84 and the JSE combined index gained/ put on 321.05 points to close at 101,740.07. Stocks closing at new 52 weeks’ highs, in the main market are, Berger Paints, Desnoes and Geddes, Caribbean Cement, Jamaica Broilers and Radio Jamaica.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 9 stocks with bids higher than their last selling prices and 3 with offers that were lower.Stocks trading include, Berger Paints ended trading with 81,477 shares changing hands to close 20 cents higher at $2.55, Caribbean Cement closed with 240,866 shares trading, 89 cents higher, at $5.10, Carreras finished trading with 20,385 shares and lost 35 cents to close at $49, Desnoes & Geddes saw trading in 31,000 shares trading 5 cents higher at $7.25. Gleaner closed with 170,739 units trading, with the price unchanged at $1, Grace Kennedy finished trading with 42,032 shares and fell $1 to close at $63.50. Jamaica Stock Exchange concluded trading with 25,000 units trading with the last price unchanged at $3.50, JMMB Group completed trading in 11,506 shares changing hands and jumped $50 cents at $10,the stock closed with an offer at $9.49, Kingston Wharves had dealing in 34,221 units traded at 6 cents up to $6.26.
Mayberry Investments contributed 93,828 units to trading and close unchanged at $3, National Commercial Bank ended trading with 52,070 shares changing hands to close down by 50 cents at $30 and based on today’s trading which saw the bid that was at $30 for several days, to buy an undisclosed amount being pulled, it looks as if the price could fall back below $30, Radio Jamaica closed with 100,000 shares trading at $2.48 after adding 8 cents, Sagicor Group finished trading with 1,127,037 units but remained unchanged at $12, after it trading during the day at $11. Scotia Group ended trading 72,725 units to close 14 cents higher, at $25.30, Scotia Investments closed with 2,300 shares, 75 cents up at $25.50. Jamaica Money Market Brokers 8.75% preference share finished trading with 153,398 units changing hands to close 2 cents higher at $3.02 and Proven Investments 8% preference shares saw trading in 26,805 units with the price ending unchanged at $5, after gaining 50 cents earlier in the day before falling back.
Slow Monday morning session
May 18, 2015 by
Stocks are off to a cautious trading in with few major price changes. 
The most significant price change is Scotia Group with a price of $25.90 up from $25.16 on Friday.
Caribbean Cement traded 227,030 at $5 compared with a close of $4.21 on Friday. Sagicor Group traded 727,037 units and the price slipped to $11 from$12 on Friday. Proven Investments 8% preference share traded 8,000 and gained 50 cents to $5.50. Interest in National Commercial Bank has slowed with the bid in to buy 100,860 at $28.20 compared with the last sale of 52,070 units at $30. Twenty six stocks have traded so far with ten from the junior market. Caribbean Cream trading 100,000 units at $1.20, Jamaican Teas 194,500 shares at $3 after languishing at $2.55 for a long time.
19 stocks rose only 3 fell on JSE
May 15, 2015 by
Hardware & Lumber gained $1.25 to a new high of $12 in response to news that Grace is in negotiation to sell their interest in the company
The rally started last year fuelled by falling money market rates with Treasury bill rate falling from over 9 percent to below 7 percent. The current rally is be fuelled by rising profits from the majority of companies reporting first quarter results.
The JSE Market Index lost 507.33 points to 98,992.10, the JSE All Jamaican Composite index fell 567.23 points to close at 109,396.05 and the JSE combined index declined 237.32 points to close at 101,419.02.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 15 stocks with bids higher than their last selling prices and 2 with offers that were lower.
Stocks in the main market trading to close at a 52 weeks’ high, are Berger Paints, Desnoes & Geddes, Hardware & Lumber, Jamaica Stock Exchange, JMMB Group and Mayberry Investments. In trading, Barita Investments ended with 622,050 shares changing hands to close at $2.35, Berger Paints closed with 55,162 shares trading, 27 cents higher at $2.35, Cable & Wireless finished trading with 619,569 shares to gain 1 cent to 47 cents, Caribbean Cement saw trading in 3,351 shares, to close 1 cent higher at $4.21. Carreras closed with 32,376 shares changing hands to close 35 cents up at $49.35, Desnoes & Geddes finished trading with 14,650 shares and gained 10 cents in trading to close at $7.20, Grace Kennedy concluded trading with 307,283 units trading with the last price unchanged at $64.50, Hardware & Lumber completed trading in 9,092 shares changing hands and jumped $1.20 at $12 as investors responded to news that Grace is discussing selling their stake in the company. Jamaica Broilers had dealing in 48,730 units traded at $5.16 to remain unchanged at the end. Jamaica Stock Exchange contributed 244,616 shares, the price jumped 60 cents or 21 percent in response to the company’s huge jump in their first quarter results showing profit of $87 million or 62 cents and ended at $3.50. Trading was halted for an hour after the price exceeded 15 percent. JMMB Group ended with 27,855 shares changing hands to close up by 10 cents at $9.60, Mayberry Investments closed with 12,289 shares trading at $3,after adding 12 cents, National Commercial Bank finished trading with 468,084 units unchanged at $30.50. Pan Jamaican Investment ended trading with 14,769 units 12 cents higher, at $58.25, Sagicor Group closed with 191,168 shares trading 15 cents lower at $12. Scotia Group finished trading with 88,383 shares changing hands to close 84 cents lower at $25.16, Seprod saw trading in 335,400 shares ending 25 cents up at $18.50 and Jamaica Money Market Brokers 7.50% preference share ended with 68,650 units trading with a 5 cents rise to $2.15.
Stocks mostly gained Friday morning
May 15, 2015 by
Jamaican stocks prices are still cruising on a high with 17 stocks gaining and only 4 declining.
The junior market moving up to 878.73 points but after posting triple gains the main market indices slipped into negative territory with Scotia Group pulling back the $25.11. In the process the all Jamaica Composite index fell 451.62 points to 109,511.66 at midday and the JSE index was down 403.93 points to 99,095.50.
Trading is taking place in 28 securities with 3.27 million units as market interest spread to more stocks that were hardly active for months. So far there are a number of new 52 week’s high as the market continues to power away as positive company results are encouraging investors to buy.
21 stocks fell 9 rose & 4 new highs
May 14, 2015 by
Mayberry traded 2.7 million shares to close at $2.88.
The number of securities trading on Thursday is by far the largest, since IC Insider has been reporting from 2013. At the close, JSE Market Index gained 404.52 points to 99,499.43, the JSE All Jamaican Composite index rose 452.29 points to close at 109,963.28, after trading over 110,000 points during the day and the JSE combined index gained 356.44 points to close at 101,656.34.
There were 4 stocks closing at 52 weeks’ high in the entire market.IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 8 stocks with bids higher than their last selling prices and 5 with offers that were lower.
Stocks trading include, Barita Investments closed trading with 151,783 shares to end 11 cents lower at $2.26, Berger Paints had 9,858 shares trading with a gain of 8 cents to a 52 weeks’ high of $2.08, Cable & Wireless lost altitude by dropping 2 cents in trading 723,882 units, to end at 46 cents. Caribbean Cement trading 315,244 shares with the price falling to $4.20 rising back to $5, Desnoes & Geddes closed at $7.10 with 15,300 units trading, Grace Kennedy traded 106,525 shares to close down by 50 cents at $64.50 after trading as high as $65.25. The stock is unlikely to get any help in trading for the next few days as they reported lower profits in the March quarter with profit of $589 million versus $833 million in 2014. Hardware & Lumber traded just 1,750 shares to lose 25 cents to $10.75, Mayberry Investments traded 2,735,521 units up $3 but fell back to closed at $2.88, All the Mayberry shares were purchased through Mayberry Investments,
with JMMB Securities virtually all units with most being sold from JMMB inventory and bought by Mayberry for in house purposes. National Commercial Bank closed with a 51 cents loss with 92,298 shares trading to close at $30.50, Sagicor Group had just 14,630 shares trading at $12.15. Sagicor Real Estate Fund gained 68 cents with 9,427 shares trading, to end at $7.28, following first quarter report showing a big jump in profit to $570 million, from $242 million, in 2014, as the acquisition of a hotel in Montego Bay pumped up revenues and profit in the quarter, in the best period for income in the hotel sector. Salada Foods gained 25 cents with just 2,672 shares trading at $9.25, Scotia Investments ended shedding 25 cents while trading 2,150 shares to end at $24.75, Seprod ended with 120,515shares trading at $18.25 and Proven Investments had 5,000 shares trading to close at an all-time high of 21.25 US cents.
JSE over 110K, juniors new high Thursday
May 14, 2015 by
Jamaican stocks prices are still cruising on a high with the junior market 
hitting new high for the fourth day in a row and the main market continuing to move away from resistance heading towards 115,000 point.
The next major level to cross with the all Jamaica Composite index having passed the 110,000 mark as it gained 611.62 to sit at 110,122.61 after an hours trading. The junior market index is at an all-time high of 882.38 points having put on 13.39 in the early morning session.
The junior market has so far traded 9 securities and the main market 14 securities trading and resulted in 3.85 million units changing hands. A total of 7 stocks rose in price and 8 declined so far.
The notable trades so far are Caribbean Cement trading 232,500 shares with the price rising back to $5, Grace Kennedy trading 93,525 units at $65.25, Mayberry Investments with 2,734,501 units up $3 but now is back at $2.79, Seprod with 101,474 at $18.25. All the Mayberry shares were purchased through Mayberry Investments, with JMMB Securities virtually all except for 1,900 units with most being sold from JMMB inventory and bought by Mayberry for their in house purposes.
JSE cooled but 16 stocks still rise
May 13, 2015 by
NCB gained $1.01 to close at a new 41/2 years’ high of $31.01
The JSE Market Index declined 29.63 points to 99,094.91, the JSE All Jamaican Composite index fell 33.14 points to close at 109,510.99 and the JSE combined index gained 49.81 points to close at 101,299.90, the latter due to the rise of junior market stocks.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 8 stocks with bids higher than their last selling prices and 2 with offers that were lower. This reading is well down from the double digits bids being higher for several days and may be an indication that price gains going forward for now may be cooling, that is the norm after results are out for the first quarter.
Another indicator of a slowing market is the number of new 52 weeks’ high have slowed with just 1 in the junior market and 3 in the main market.Stocks changing hands includes, Cable & Wireless that traded 549,019 units to close unchanged at 48 cents, Caribbean Cement closed with 120,167 units trading, falling by 55 cents to $4.50, Carreras ended with a rise of 89 cents to $49 with 19,919 shares, Desnoes & Geddes traded 170,755 units at $7.11 up by 9 cents. Grace Kennedy traded unchanged at $65 with 46,504 shares, Jamaica Broilers closed down by 9 cents to end at $5.16 after trading at an intraday 52 weeks’ high of $5.50 with 95,942 shares being active, Jamaica Producers traded 8,502 shares at $18.52 and gained 2 cents. JMMB Group closed with 66,855 shares trading at a new 52 weeks’ high of $9.55 after gaining 5 cents, Kingston Wharves had 49,000 units trading to end 10 cents higher at $6.12,
National Commercial Bank closed $1.01 higher to a new 52 weeks’ high with 1,257,840 shares and ended at $31.01, after trading most at $30 and $30.50. Pan Jamaican closed with 17,824 units trading to end higher by 30 cents at $58.11. Proven Investments had 46,355 shares changing hands at 21 US cents, Radio Jamaica had just 2,936 units trading, to end at a new 52 weeks’ high of $2.40 as the stock gained 21 cents, at the close. Sagicor Group traded 113,272 shares to end higher by 6 cents at $12.16, Salada Foods had 40,000 units trading to end at $9, having fallen by 50 cents, Scotia Group traded 341,246 shares to close at $26 for a gain of 97 cents and Supreme Ventures had 100,000 units trading to end at $3.95.
Juniors a new record on Wednesday
May 13, 2015 by
Jamaican stocks prices are still cruising on a high with the junior market hitting 
new high for the third day in a row and the main market continuing to move away from resistance heading towards 115,000 point, the next major level to cross.
The junior market has so far traded 10 securities and the main market 19 securities trading and resulted in 4.58 million units changing hands. A total of 18 stocks rose in price and 2 declined so far.
National Commercial Bank with 1,249,594 shares trading up to $31 is the big trade of the day so far, Jamaica Broilers Group traded 76,652 units up $5.5o for a 52 weeks’ high.