Is end of quarter JSE rally on?

March 26, 2015 by

Jcakie Sharp CEO of Scotia Group that gained 45 cents on Thursday

Jcakie Sharp CEO of Scotia Group that gained 45 cents on Thursday

Thursday’s activity on the Jamaica Stock Exchange, resulted in the prices of 9 stocks rising, 4 declining as 20 securities changed hands, ending in 1,460,254 units trading, valued at $13,535,638, in all market segments. Closing market indicators are pointing to increased price gains, with the first quarter winding to a close.
Main Market| The JSE Market Index gained 865.46 points to 83,174.80, the JSE All Jamaican Composite index rose 967.61 points to close at 91,711.58 and the JSE combined index increased 800.44 points to 84,804.11.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 14 stocks with bids higher than their last selling prices and 3 stocks with offers that were lower. The increased numbers, is suggestive of month end and end of quarter moves, by some investors or fund managers to get prices or values of certain stocks up to influence portfolio valuation, rather than a sustained higher interest in the market. Admittedly, the reading since March 18, has been strong with the number of higher bids ranging between 10 and 12.
Carreras gained 95 cents and is heading back above $40

Carreras gained 95 cents and is heading back above $40

Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Carreras closed with 4,200 shares changing hands 95 cents $39.95, Jamaica Broilers finishing trading with 2,000 shares changing hands at 20 cents to $4.50, National Commercial Bank concluding trading with 201,500 shares while gaining 89 cents $25. Pan Jamaican Investment finishing with 905 units to close with a gain of 1 cent to $57.01, Sagicor Group finishing trading with 131,751 shares to end with an increase of 9 cents to $10.60, Scotia Group contributing 162,952 shares while gaining 45 cents to $21.50 and Seprod ending trading with 37,892 shares as the price jumped $1.10 to $14 for a new 52 weeks’ high.
Firm| The stocks in the main market to close without a change in the last traded prices are, Berger Paints trading with 7,496 shares at $1.61, Cable & Wireless dealing in 333,413 units and closing at 50 cents. Caribbean Cement had 30,000 shares changing hands at $2.25, Desnoes & Geddes ending trading with 7,728 units at $5.45 and while exchanging 2,320 units, closed at $6.40.
JSE sum 26-3-15 Declines|The last traded prices of stocks with losses, at the end of trading in the main market are, Jamaica Money Market Brokers, closing with 223,767 units, finishing 24 cents lower at $7.02, Mayberry Investments concluding trading with 11,829 units, 36 cents lower to $2 and Scotia Investments in trading 9,000 units, the price slipped $1 to $22.
Preference| Proven Investments 8% preference share and closing with 1,000 shares traded with a gain of 45 cents to $5.50.

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JSE closes with strong gains

March 26, 2015 by

Trading on the Jamaica Stock Exchange on Thursday, resulted the advanced decline ratio being very positive. The market ended with strong gains in indices with the JSE Market Index gaining 865.46 points to 83,174.80, JSE qtes 26-3-15the JSE All Jamaican Composite index rose 967.61 points to close at 91,711.58 and the JSE combined index increasing by 800.44 points to close at 84,804.11.
The volume of stocks trading was moderate at 1.167 million units as only 16 securities traded in the main market. Major price movements, were recorded by Carreras up 95 cents to $39.95, Jamaica Broilers up 20 cents to $4.50, Jamaica Money Market down 24 cents to $7.02. Mayberry down 36 cents to $2, National Commercial Bank gaining 89 cents to $25, Proven 8% preference shares put on 45 cents to $5.50, Scotia Group gained 45 cents to $21.50, Scotia Investments lost $1 to $22 and Seprod climbing $1 to $14.

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Moderate trading on JSE – Wednesday

March 25, 2015 by

Pan Jamaican gained $1.95 to closed at $57 on Wednesday

Pan Jamaican gained $1.95 to closed at $57 on Wednesday

There was moderate activity on the Jamaica Stock Exchange during Wednesday’s session, resulting in the prices of 5 stocks rising, 8 declining as 19 securities changed hands, ending in 1,000,279 units trading, valued at $12,453,883, in all market segments.
Main Market| At the close, the JSE Market Index dropped 240.35 points to close at 82,309.34, the JSE All Jamaican Composite fell 268.71 points to close at 90,743.97 and the JSE Combined Index declined by 217.82 points to close at 84,003.67.
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 5 stocks with offers that were lower.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Gleaner closing with 50,000 units and added 5 cents to end at 95 cents. Jamaica Broilers concluding trading with 2,351 shares changing hands, gained 25 cents to $4.30, Pan Jamaican Investment finished trading with 15,330 shares traded with a gain of $1.95 to $57, Sagicor Real Estate Fund closing with 4,650 shares changing hands at 25 cents higher to $6.95 and Scotia Group concluding trading with 84,692 shares with the price rising 5 cents to $21.05.
Firm| The stocks in the main market to close without a change in the last traded prices are, Desnoes & Geddes ending trading with 2,200 shares at $5.45 and Grace Kennedy while having 66,194 shares changing hands closed at $61.JSE sum 25-3-15
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Cable & Wireless closing with 63,730 units, the price ended 2 cents down at 50 cents. Caribbean Cement finishing trading with 26,007 units, as the price slipped 5 cents to $2.25, Carreras ending with 10,560 units 10 cents off to $39, Jamaica Producers in trading 1,150 units, slipped 40 cents to $15.60. Mayberry Investments finishing trading with 40,168 shares changing hands for 2 cents lower at $2.36, National Commercial Bank had 56,063 shares changing hands for 88 cents loss to $24.11 and Sagicor Group contributing 321,714 shares to trading at 4 cents lower to $10.51.
Preference| Jamaica Money Market Brokers 8.75% preference share finishing trading with 4,450 units at $3.04.

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JSE closes with triple digit losses

March 25, 2015 by

JSE qte 25-3-15The JSE closed down in all main indices as trading levels were subdued, with a mere 749,000 shares traded in the main market. Sagicor Group with 321,714 units changing hands closing at $10.51 was majo9r trade for the day, Grace Kennedy traded 66,194 at $61.
At the close the JSE Market Index declined by 240.35 points to close at 82,309.34, the JSE All Jamaican Composite declined by 268.71 points to close at 90,743.97 and the JSE Combined Index declined by 217.82 points to close at 84,003.67.

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JSE having moderate day

March 25, 2015 by

The JSE is enjoying a slow Wednesday so far, with very few trades taking place within an hour of opening. At minutes after 11 am, there was only Sagicor Group that had any volume of note, with 259,904 units changing hands at $10.50. Trading overall resulted in very moderate increases in the indices. JSE 11am 25-3-15

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Sagicor dominant trade at $53m

March 24, 2015 by

Tuesday’s activity on the Jamaica Stock Exchange, resulted in the prices of 8 stocks rising, 6 declining as 23 securities changed hands, ending in 7,517,895 units trading, valued at $70,926,533, in all market segments. Sagicor Group accounted for $53.4 million of the trades.
Main Market| The JSE Market Index gained 208.93 points to 82,549.69, the JSE All Jamaican Composite index rose 233.59 points to close at 91,012.68 and the JSE combined index gained 203.49 points to end at 84,221.49.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows a strong signal of 12 stocks with bids higher than their last selling prices and only 3 with offers that were lower.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Berger Paints concluding trading with 18,240 shares, gaining of 1 cent to $1.61, Jamaica Money Market Brokers finishing with 1,362,305 ordinary shares changing hands while gaining 31 cents to $7.26, Jamaica Producers closing with 2,412 shares trading 4 cents higher at $16. National Commercial Bank trading 6,225 shares while gaining 49 cents to $24.99, Pan Jamaican Investment finishing with 6,650 units with a gain of 4 cents at $55.05, Scotia Group closing with 255,000 shares traded with a gain of 12 cents to $21 and Supreme Ventures trading in 103,487 shares to end with an increase of 30 cents to $2.30.
JSE sum 24-3-15
Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless there was dealing in 109,310 shares changing hands 52 cents, Caribbean Cement contributing 648 shares trading at $2.30, Desnoes & Geddes ending trading with 26,804 shares at $5.45, Grace Kennedy finishing trading with 6,781 shares at $61, Kingston Wharves while exchanged 1,190 units at $6.40, Scotia Investments closed with 1,540 shares changing hands at $23.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Jamaica Broilers closing with 89,424 units to close lower by 1 cents to $4.05, Kingston Properties finishing trading with 10,000 units as the price slipped 50 cents to $7, Mayberry Investments concluding trading with 100,000 units to close lower by 2 cents to $2.38, Sagicor Group in trading 5,081,242 units as the price slipped 5 cents to $10.55 and Seprod finishing trading with 1,662 shares changing hands 10 cents lower to $12.90.
Preference| Jamaica Money Market Brokers 7.5% preference shares 38,000 shares changing hands $2.

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JSE closes with triple digit gains

March 24, 2015 by

The JSE was showing some bullish tendencies in Tuesday trading with 19 securities traded in the main market accounting for 7.22 million units with a value of $70.5 million. JSE 1st rpt 24-3-15Sagicor Group had 5 million units changing hands at $10.50 and $10.57 and closed at $10.55. Jamaica Money Market Brokers was the other major traded with 1,362,305 shares between $7 and $7.25 with the last traded price being $7.26. Scotia group traded 255,000 units at $21 and Supreme Ventures put on 30 cents while trading a small volume
At the close he JSE Market Index gained 208.93 points to 82,549.69, the JSE All Jamaican Composite index rose 233.59 points to close at 91,012.68 and the JSE combined index gained 203.49 points to close at 84,221.49.

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Some bull signals at 10.45

March 24, 2015 by

JSE Int 10.45 - 24-3-15The JSE was showing some bullish tendencies in early Tuesday morning trading with Jamaica Money Market showing signs of some increased interest and possibly upward price movement and a few others having recorded gains so far.
Jamaica Money Market traded 1,360,861 shares at $7 but had a bid of $7.25 to buy 5,000 units, the offer was at $7.99 for 7,000 shares. Sagicor Group had 4,833,200 units changing hands at $10.50 and Scotia Group 250,000 units at $21 and Supreme Ventures put on 29 cents while trading a small volume. Only two stocks have traded in the junior market so far. Price changes have shifted the market indices moderately.

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JSE starts week moderately

March 23, 2015 by

Sagicor Group closed at a new 52 weeks' high

Sagicor Group closed at a new 52 weeks’ high

Monday’s activity on the Jamaica Stock Exchange, resulted in the prices of 5 stocks rising, 4 declining as 9 securities changed hands, ending in 1,600,603 units trading, valued at $12,582,937, in all market segments.
Main Market| At the close the JSE Market Index ended at 82,340.76 with a mere 1.46 point rise, the JSE All Jamaican Composite index closed at 90,779.09 with a gain of 1.63 points and JSE Combined Index finished at 84,018.00 with an increase of 5.70 points.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 11 stocks with bids higher than their last selling prices and 3 with offers that were lower.
Gains| Stocks gaining with last traded prices, at the close of the main market are, Carreras contributing 5,000 shares while gaining 60 cents to end at $39.10. Desnoes & Geddes closing with 50,000 units and gained 14 cents to $5.45, Sagicor Group saw trading in 222,193 shares to gain 14 cents to $10.60 and Scotia Group concluding trading with 24,124 shares to end with an increase of 3 cents to $20.88.
Firm| The stocks in the main market to close without a change in the last traded prices are, Berger Paints in trading a mere 100 shares trading at $1.60, Caribbean Cement finishing trading with 4,002 shares at $2.30. There was dealing in 1,430 Grace Kennedy shares at $61, Jamaica Money Market Brokers having 142,547 ordinary shares changing hands, closed at $6.95, Proven Investments trading 14,797 shares closed at 18 US cents and Sagicor Real Estate Fund closed with 1,000 shares changing hands at $6.70.
JSE sum 23-3-15 Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Jamaica Broilers finishing with 25,338 units to close lower by 24 cents at $4.06. Jamaica Producers closing with 2,500 units as the price slipped 4 cents to $15.96, National Commercial Bank finishing trading with 237,872 units to close lower by 35 cents at $24.50 and Supreme Ventures concluding trading with 4,100 units as the price slipped 30 cents to $2.
Preference| Jamaica Money Market Brokers 8.75% preference shareending trading with 59,000 units at $3.04 and Jamaica Money Market Brokers 7.50% preference share had 750,000 shares changing hands at $2.

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Sagicor Group closes at new high

March 23, 2015 by

Only $12 million was transacted in the trading of shares on the Jamaica Stock Exchange main market on Monday, as 1.544 million units were traded.
JSe chrt 23-3-15Only 16 securities traded in the main market with moderate price movements all round. At the close the JSE Market Index ended at 82,340.76 with a mere 1.46 point rise, the JSE All Jamaican Composite index closed at 90,779.09 with a miniscule gain of 1.63 points and JSE Combined Index finished at 84,018.00 with an increase of 5.70 points.
Sagicor Group closed at a new 52 weeks’ high of $10.62 while exchanging 222,193 shares.

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