Friday, 7th June 2013 | The market indices that had trading activity recorded declines even as the advance decline ratio was one to one, with 8 stocks advancing and 8 declining. But by the end of trading, bids for 8 stocks were higher and 2 stocks had offers that were lower than their last selling price. Trading was much lighter than for most of the week with 3,738,986 units valued at $21.2 million as only 25 companies had stocks trading.

The all Jamaica composite index closed down 498.47 points at 89,195.42 and the main market index closed at 87,495.76 falling 283.14 and the junior market index closed at 747.27 down 2.68 points.

Price movements | Grace lost $1 in closing at $59, less than the bid price in Trinidad, NCB lost $3 to close at $19, similar to the price in Trinidad. JMMB lost 34 cents to close at $8.65 close to the Trinidad closing price, Sagicor Life lost 40 cents and closed at $8.60.

One noticeable trade was Caribbean Creams that traded 948,000 units, the largest volume for the day, between $1.03 and $1.10 all but 21,000 were purchased by Mayberry Investments for their own account.

Thursday, 6th June 2013 | There was broad based trading on Thursday as shares in 31 companies traded resulting in 18 stocks registering positive price changes and only 5 fell. In what turned out to be a relatively low trading day, just 2.55 million shares valued at $17 million traded. Junior market Blue Power traded 912,587 units up to $8 an all time high with a total value of $7.3 million. Scotia Group traded 129,408 shares valued at $2.77 million, closed at $21.20 and traded at a high of $23.08. Lasco Financial Services traded 127,078 units to close at $10. All other stocks traded less than a million dollars.

Main movers | Scotia Investment recovered $1.50 of the $4 it lost in trading on Wednesday with the stock closing at $27 but it had a bid of $27 at the end of trading. Desnoes & Geddes gained 25 cents to close at $4.95, Carreras gained 70 cents to close at $60, Jamaica Producers closed at $18 up 94 cents for the day. Jamaican Teas traded up 20 cents at $4.60. National Commercial Bank gained 90 cents to close at $22 but the offer was at $21 at the end of trading. Pan Jamaican Investments traded up 50 cents and closed at $55.01. Scotia Group closed at $21.20, off 31 cents on the day.

First Caribbean Bank lost $2 to close at a 52 weeks low of $101.

But by the end of trading, bids for 5 stocks were higher and 2 stocks had offers that were lower than their last selling price.

Wednesday, 5th June 2013 | The main indices recorded advances in today’s trading except for a small decline in the junior market index. But advance decline ratio turned negative with 8 stocks advancing and 12 declining. But by the end of trading, bids for 10 stocks were higher and 1 stock had an offer that was lower than the last selling price. There was heavier trading than has happened for sometime with $127 billion being expended on 11.87 million shares.

The all Jamaica composite index closed up 174 points at 89,985.22 and the main market index closed at 88,466.47 up 98.67 points.

Main movers | Desnoes & Geddes which traded at $5.10 closed down 20 cents at $4.70 while trading 694,173 units, Carreras fell 70 cents in trading 23,568 units. Jamaica Broilers traded up 21 cents to close at $4.83 with 460,913 units having changed hands. Kingston Wharves traded 329,566 units and put on 19 cents in closing at $7.81 after trading as high as $8. Lasco Manufacturing saw profit taking, with 990,188 units trading closing at $13.85 down 15 cents on the day. National Commercial Bank traded 1 million shares and slipped back 10 cents at the close at $21.10, the stock traded down to $19.17 at one stage.

Pan Jamaican Investments traded 20,500 units and gained 51 cents and closed at $54.51. RJR had just two trades which accounted for 2.989 million units and inched up 5 cents to close at $1.35. Sagicor Life put on 48 cents in closing at $8.99 but only traded 65,152 units between $8.50 and the closing price. Scotia Group had 17 trades that accounted for 712,000 units between $21.20 and $23.50 with the stock closing at $21.51up 42 cents on the day. Scotia Investment had 5 trades that accounted for 1.29 million units with the stock closing at $25.50 down $4 but it had a bid of $27 at the end of trading. Seprod traded 527,000 units at $14.61 and gained 11 cents and Supreme Ventures saw 771,000 units being exchanged for 10 cents less at $2.90 by the end of the day.

Based on trades for a few stocks it appears that some special deals were done resulting in adjustments in the prices of some, which does not conform to recent market movements.

Tuesday, 4th June 2013 | The market took a pause today with all the major indices declining as the day saw one of the highest levels of trading for sometime with 13.7 million shares trading with a value of $108 million. At the end of trading 5 stocks bids were higher and 1 stock had offers lower than the last selling price and 2 stocks reached 52 weeks highs.

Price changes | 14 stocks registered price appreciation and 8 declined on a day when 31 stocks traded. Price movements of note are Jamaica Broilers traded 1.55 million units and the price was down 38 cents, JMMB down 50 cents to $9 while there was another day of high trading in the stock with over 3 million units changing hands. National Commercial Bank traded 587,200 between 21 and $22 but closed 20 cents up at 21.20, Pan Jam shed $3 to close at $54 while 31,356 units traded and it was $2.92 up on Scotia Investments when 306,600 units traded between $27 and the closing price of $29.50.

Supreme Ventures traded nearly 2 million shares between $2.90 and $30 and gained 10 cents in the process.

Juniors | In the junior market, Access Financial Services up 41 cents to close back at $8 with a mere 2,700 shares trading, Lasco Distributors fell 90 cents to $14, while trading 47,000 units, Lasco Manufacturing closed at $14 down $1.35 while trading 69,500 units. The stock traded between $14 and $15.35 during the day.

Volume | Decent volumes came from General Accident, Gleaner, RJR, Sagicor Investments, Sagicor Life and Scotia Group.