The Jamaica Stock Exchange closed on Friday with a sharp retreat from record close of the indices on Thursday, even as more stocks rose than fell.
At the close of trading, the All Jamaican Composite Index dived 4,246.63 points to 331,495.46 and the JSE Index dropped sharply by 3,869.16 points to 302,029.82.
A total of 23 securities changed hands, resulting in 11 advancing, 6 declining and 6 remaining firm as 7,187,416 units valued at $228,155,035 traded.
In market activity, Barita Investments closed down 54 cents, to $11.55, with 1,650 shares, 
Berger Paints gained 50 cents and ended at $20, with 8,000 stock units, Carreras fell 10 cents and finished at $10.50, with 1,575,999 shares changing hands, Grace Kennedy fell 50 cents to end at $49.50, with 3,116,194 stock units, Jamaica Broilers jumped $3.10 to a new all-time high of $26.30, with 51,790 units changing hands. Jamaica Producers rose 40 and closed at $16.85, with a mere 125 shares, Jamaica Stock Exchange ended at $7.30, with 123,000 shares, JMMB Group concluded trading after falling $1 to close at $27.50, with 658,507 shares, Kingston Wharves settled at $46, with 2,780 units. Mayberry Investments gained 5 cents and ended trading at $6.50, with 35,000 shares, NCB Financial Group climbed $1.23 to $96.50, with 38,364 shares, PanJam Investment jumped $1.33 and ended at $51.98, with 6,155 units, Radio Jamaica settled at $1.08, with 5,921 shares. Sagicor Group ended trading with a rise of 5 cents to $39.55, while exchanging 109,852 stock units and Sagicor Real Estate Fund finished trading at $14.50, with 65,260 stock units. 
Salada Foods traded 10,000 units at $14, Scotia Group dropped $2.99 to finish trading 305,483 shares at $50.01, after the group posted lower profit in the April quarter. Supreme Ventures added 10 cents and settled at $13, with 800,000 shares. Victoria Mutual Investments ended 9 cents richer at $3.99, trading 102,912 shares, Wisynco Group gave up 15 cents in closing trading at $9.65, with 118,424 shares. In the main market preference segment, JMMB Group 7% rose 10 cents to $2.11, with 25,000 shares, JMMB Group 7.25 % gained 3 cents and ended at $2.11, with 25,000 shares, Productivity Business 9.75% finished trading at $103, with 2,000 shares, changing hands.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “Scotia pushes JSE down sharply Friday.”
5 stocks fell none rise on TTSE – Friday
Market activity on the Trinidad & Tobago Stock Exchange ended on Friday with just 9 securities trading against 11 on Thursday. The market closed without an advancing stock, while 5 declined and 4 remained unchanged.
Trading remained subdued, as market activity ended with just 42,427 shares valued at $1,567,716, compared to just 33,656 shares valued at $736,460 on Thursday.
The Composite Index fell 0.80 points on Friday to 1,241.49, the All T&T Index gained 0.39 points to 1,721.59, while the Cross Listed Index shed 0.28 points to close at 102.40.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows the market continuing to be weak as it closed with 6 stocks ending with higher bids than the last selling prices and 4 with lower offers.
Losses| Clico Investments shares fell 18 cents and ended at $20.22, with 13,900 units, First Caribbean International Bank closed with a loss of 2 cents at $8.83, after exchanging 195 shares, First Citizens shed 5 cents and completed trading at $34.90, in an exchange of 2,780 shares, 
Massy Holdings lost 1 cent and settled at $47.20, with 312 stock units changing hands and Republic Financial Holdings ended trading 1 cent lower at $102.65, with 9,747 stock units changing hands.
Firm Trades| At the close of the market, JMMB Group settled at $1.85, with 317 stock units changing hands, Sagicor Financial concluded trading at $7.95, with 12,750 units, Trinidad & Tobago NGL closed with 1,774 units at $29.10 and Unilever Caribbean completed trading at $29.50, after exchanging 652 shares.
Prices of securities trading for the day are those at which the last trade took place.
JSE main market in 5,000 pts jump -Thursday
Trading closed on the Jamaica Stock Exchange on Thursday, with more than 5,000 points jump in the market indices, after crossing a series of record highs during the trading session and closed at the highest level in the market’s history.
At the close of trading, the All Jamaican Composite Index surged 5,792.25 points to close at a record 335,742.09 points and the JSE Index jumped 5,277.40 points to a closing record high of 305,898.98.
A total of 26 securities changed hands, resulting in 11 advancing, 11 declining and 4 remaining firm.
Trading on the JSE main market ended with the overall volume and value returning to more normal levels of 4,749,951 units valued at $102,233,802 units.
In market activity, Barita Investments closed at $12.09, with an exchange of 200 shares, Berger Paints ended at $19.50, with 16,000 stock units traded, Carreras closed at $10.60, with 5,130 units, Caribbean Cement gained 20 cents and finished at $39, with 47,447 shares, Ciboney Group rose 1 cent to settle at 13 cents, with 12,000 shares trading. Grace Kennedy added just 1 cent and ended trading at $50, with 2,369 shares, Jamaica Broilers traded at 52 weeks’ high of $23.20, after rising 25 cents with 10,703 stock units, JMMB Group jumped $1 and ended trading at $28.50, with 230,317 shares, Jamaica Producers lost 5 cents and finished trading at $16.45, with 24,901 units changing hands, Jamaica Stock Exchange closed with a rise of 11 cents to $7.30, trading 370 shares. Kingston Properties ended at $6.50 after falling 10 cents, with 1,800 shares, Kingston Wharves jumped $4 and concluded trading at $46, with just 500 shares changing hands, Mayberry Investments rose 44 cents to end at $6.45, with 15,504 stock units, NCB Financial Group settled 9 cents lower at $95.26, with 51,713 units. 1834 Investments dropped 18 cents to $1.06, with 3,500 shares, PanJam Investment finished with a rise of 65 cents to $50.65, trading 6,300 shares, 
Pulse Investments ended at $1.79, exchanging 40,100 units, Radio Jamaica lost 12 and concluded trading at $1.08, with 1,800 shares. Sagicor Group lost 50 cents and ended at $39.50, trading 2,674,599 shares and Sagicor Real Estate Fund lost 50 cents and finished at $14.50, with 1,600 units. Scotia Group gained 1 cent and ended trading at $53, with 2,019,507 stock units trading, Supreme Ventures closed with 48,970 shares trading and fell 10 cents to $12.90, Victoria Mutual Investments ended at $3.90, with 442,461 shares. Wisynco Group concluded trading at $9.80, with 5,360,241 stock units but fell 5 cents in the process. In the main market preference segment, JMMB Group lost 1 cent and ended at $2, with 300 shares, JMMB Group settled at $1, with 642,856 units, changing hands.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “Jamaica Broiler grabs 99% of trade – Tuesday.”
Big 87 points drop for Junior stocks – Thursday
Blue Power in big drop of $9 to close at $28.
The Junior Market of the Jamaica Stock Exchange after enjoying five consecutive days of strong gains up to Tuesday and falling 57.67 points on Wednesday dropped another 86.91 points to close at 2,924.35 on Thursday.
At the close of market activities, the prices of 7 securities advanced, 11 declined and 7 remained unchanged with 25 securities changing hands from 25 securities changing hands on Wednesday. Market activity resulted in a fall in the quantity of shares trading to 5,590,001 units valued at $32,219,897, compared to 7,465,041 units valued at $55,063,474
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ending with bids higher than their last selling prices and 3 with lower offers.
Market activity ended with an average of 223,600 units for an average of $1,288,796 in contrast to 298,602 units for an average of $2,202,539 on Wednesday. The average volume and value for the month to date, amounts to 166,390 units valued at $977and previously 151,011 units valued at $894,076. In contrast, May closed with an average of 217,589 units, valued at $1,322,452 for each security traded.
At the close of the market, AMG Packaging ended at $2.10, with 3,874 stock units, Blue Power dived a sharp $9 to close at a 52 weeks’ low of $28, with 538,182 units changing hands, Cargo Handlers rose 25 cents to $9.75, with 735 shares, Caribbean Cream ended trading at $4.64 after falling of 46 cents, with 3,000 shares, Caribbean Producers declined 35 cents to $4.70, with 3,400 units. Consolidated Bakeries closed with a loss of 38 cents at $2.10, with 7,307 shares trading, Dolphin Cove dropped $1.10 to end at $16.80, with just 200 stock unit trading, Elite Diagnostic settled at $3.13, with 99,568 units, Eppley ended trading with a loss of 11 cents at $9.07, exchanging 1,000 shares. Express Catering traded with a loss of 37 cents at $7.43, with 16,619 shares traded, FosRich Group finished trading at $2.75, with 29,899 shares, General Accident closed 24 cents higher at $3.39, with 480 stock units, GWest Corporation ended at $2.30, with 580 units. Honey Bun ended trading 20 cents higher at $5.20, with 24,500 shares, Iron Rock finished with a loss of 5 cents at $3, while 4,243,672 shares changed hands, Jetcon Corporation traded with a loss of 6 cents at $4 and an exchange of 13,500 units,
Key Insurance finished trading 50 cents higher at $4, with 3,000 shares. KLE Group closed after rising 9 cents to $2.95, with 7,833 shares, Knutsford Express ended at $11.50, with 108,454 shares trading, Lasco Distributors concluded trading 5 cents higher at $4.15, with 124,100 stock units, Lasco Financial finished with 335,286 units trading and rose 5 cents to $5.15. Lasco Manufacturing settled with a loss of 20 cents at $4, with 6,070 shares, Main Event fell 44 cents to end at $7.56, with 14,867 shares, Paramount Trading finished trading at $3, with 2,000 stock units and Stationery and Office closed at $8, with 1,875 units. changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Trading levels dive on TTSE – Thursday
Market activity on the Trinidad & Tobago Stock Exchange ended on Thursday with 11 securities trading against 13 on Wednesday, with 5 advancing, 2 declining and 4 remaining unchanged.
Trading remained subdued, leading to lower volume and value of transactions than on Wednesday as market activity ended with just 33,656 shares valued at $736,460, compared to 51,696 shares, valued at $689,794 on Wednesday.
The Composite Index rose 0.87 points on Thursday to 1,242.29, the All T&T Index gained 1.05 points to 1,721.20, while the Cross Listed Index gained 0.09 points to close at 102.68.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows the market continuing to be weak as it closed with 5 stocks ending with higher bids than the last selling prices and 5 with lower offers.
Gains| Clico Investments gained 20 cents and completed trading at $20.40, with just 12 units, First Citizens added 5 cents and concluded trading at $34.95, after exchanging 150 shares, Guardian Holdings increased 50 cents to settle at $17, after exchanging 50 shares,
Massy Holdings rose 6 cents and ended at $47.21, with 10,300 stock units changing hands and Trinidad & Tobago NGL closed with a gain of 4 cents and completed trading at $29.10, with and exchange of 5,000 units.
Losses| JMMB Group shares fell 2 cents and ended at $1.85, with 933 stock units changing hands and National Enterprises lost 14 cents to $9.50, with 650 units trading.
Firm Trades| National Flour settled at $1.80, after exchanging 11,500 shares, Sagicor Financial completed trading at $7.95, with 1,920 units, Unilever Caribbean concluded dealing at $29.50, after exchanging 33 shares and West Indian Tobacco ended at $88.50, with 88 stock units changing hands
Prices of securities trading for the day are those at which the last trade took place.
AJI closes at record 335,742 points
The All Jamaican Composite Index (AJI) surged 5,792.25 points to close at a record 335,742.09 points and the JSE Index jumped 5,277.40 points to a closing record high of 305,898.98 as the market surpassed both the 334,000 and 335,000 marks on the same day, for the first time.
At the close on Thursday, 26 securities traded in the main market of the Jamaica Stock Exchange climbed to 11,661,188 units valued at $284,601,737 compared to 4,749,951 units valued at $102,233,802 on Wednesday as the market scaled new heights. Previously, the AJI ended at a record closing high of 332,501.11 points on May 4, this year and drifted downwards, prior to today’s strong rally and break upwards.
The main trades were, Wisynco Group with 5,360,241 units to close at $9.80, amounting to 46 percent of the total volume traded, while Sagicor Group traded 2,674,599 units 599 accounting for 23 percent of the day’s volume and Scotia Group closed with just over 17 percent of the day’s volume, having traded 2,019,507 units, the next highest was Victoria Mutual Investments with 442,261 units and in the preference sector JMMB Group 7.5% trading 642,856 units.
Market activities resulted in 31 securities trading, compared to 26 on Wednesday, in the main and US markets. At the close, 12 securities gained, 10 declined and 9 traded firm.
Stocks with major price changes are, JMMB Group rose $1 to close at $28.50, Kingston Wharves jumped $4 to end at $46 and PanJam Investment rose 65 cents to $50.65.
Trading resulted in an average of 448,507 units valued at an average of $10,946,221 for each security traded. In contrast to 182,690 units for an average of $3,932,069 on Wednesday. For the month to date 217,527 units traded with an average value of $6,588,540 and on the previous day 158,650 units valued at 3,992,107 on average. May closed with an average of 589,414 shares with a value of $16,532.367, for each security traded.
In the US dollar market, 30,210 units valued at over $15,975 traded with Sterling Investments ; trading 15,000 units and adding 1 cent to end at 10 US cents followed by<strong> Proven Investments ; with 10,378 units to close at 19 US cents and JMMB Group 6% USD preference share with 13,352 units and closed at US$1. The JSE USD Equities Index rose 0.35 points to close at 162.73.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 4 closing with lower offers.
JSE trading at new record of 335,379 points
The Jamaica Stock Exchange main market is currently trading in record territory with the all Jamaica Composite index having surpassed the 334,000 mark around mid day, moved to more than 335,000 points just ahead of the close.
The market having surpassed the 334,000 points for the first time around midday, moved even higher to trade at level 335,379.45 points with 15 minutes to go before the close with a rise of 5,429.21 points.
The All Jamaica Composite Index rose 4,212.92 points to 334,155.76 points just after midday while the JSE index rose to 3,838,45 points to 304,460.03 points, Scotia Group trading at $52.99 and JMMB Group at $28 were the two major contributors to the market rise. Wisynco Group trades at $9.80 and accounted for the largest block of shares with 5.356 million units of the stock traded.The AJI ended at a record closing high of 332,501.11 points on May 4, this year.
The Junior Market at the same time plunged 64.06 to 2,947.20.Iron Rock traded 4.24 million units in the Junior Market and Blue Power traded 538,182 units with the price falling to $28 from $the last traded price of $37.
Juniors drop 58 points – Wednesday
Access Financial drops $6 on Wednesday, more than reversing Tuesday’s gain.
The Junior Market of the Jamaica Stock Exchange after enjoying five consecutive days of strong gains, declined on Wednesday by a whopping 57.67 points to close at 3,011.26.
At the close of market activities, the prices of 11 securities advanced, 9 declined and 5 remained unchanged with 25 securities changing hands, resulting in a big hike in the quantity of shares trading to 7,465,041 units valued at $55,063,474 compared to 1,630,055 units valued at $7,932,006 from 23 securities changing hands on Tuesday.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ending with bids higher than their last selling prices and 4 with lower offers.
Market activity ended with an average of 298,602 units for an average of $2,202,539 in contrast to 70,872 units for an average of $344,870 on Tuesday. The average volume and value for the month to date, amounts to 151,011 units valued at $894,076 and previously 96,749 units valued at $413,023. In contrast, May closed with an average of 217,589 units, valued at $1,322,452 for each security traded.
At the close of the market, Access Financial dived $6 to end at $47, with 120 shares, AMG Packaging ended with a loss of 10 cents at $2.10, with 67,094 stock units, 
CAC 2000 finished with a loss of 50 cents at $8, with 100 shares, Caribbean Cream rose 4 cents to close at $5.10, with 13,840 shares, Caribbean Producers finished trading with a loss of 20 cents at $5.05, in exchanging 25,000 units. C2W Music ended at 45 cents, with 25,000 shares traded, Elite Diagnostic settled at $3.13, with 48,467 units, Eppley ended trading $1.04 higher at $9.18, with 1,700 shares, Express Catering traded at $7.80, with 2,453,192 shares. FosRich Group gained 5 cents to $2.75, with 41,869 shares, General Accident closed with a loss of 15 cents at $3.15, after 32,000 stock units changed hands, Honey Bun concluded trading 40 cents higher at $5, with 42,404 shares, Jamaican Teas rose 10 cents to $5, with 124,213 stock units. Jetcon Corporation traded 6 cents higher at $4.06, with 140,299 units, 
Key Insurance traded 7,947 shares and rose 21 cents to $3.50, KLE Group closed with a loss of 14 cents at $2.86, in exchanging 2,000 shares, Knutsford Express dropped $2.25 to $11.50, with 1,790,027 shares changing hands. Lasco Distributors added 10 cents in trading 1,978 stock units at $4.10, Lasco Financial finished with a loss of 2 cents at $5.10, trading 1,263,476 units, Lasco Manufacturing settled 30 cents higher at $4.20, with 700,000 shares, Main Event climbed 65 cents higher to $8, with 93,893 shares. Paramount Trading finished trading at $3, with 1,498 stock units, Stationery and Office closed with a loss of 6 cents at $8, after 26,634 units changed hands and tTech concluded trading 35 cents higher at $6.10, with 715 shares. In the junior market preference segment, Eppley 8.75% settled at $6, with 561,575 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Mixed trading on TTSE
Market activity on the Trinidad & Tobago Stock Exchange ended on Wednesday with 13 securities trading against 11 on Tuesday, with 2 advancing, 3 declining and 8 remaining unchanged.
Trading remained subdued, leading to lower volume and value of transactions on Wednesday as market activity ended with just 51,696 shares, valued at $689,794, compared to 72,809 shares valued at $827,426 on Tuesday.
The Composite Index rose 4.90 points on Wednesday to 1,241.42, the All T&T Index shed 0.67 points to 1,720.15, while the Cross Listed Index gained 1.45 points to close at 102.59.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows the market continuing to be weak as it closed with 7 stocks ending with higher bids than the last selling prices and 5 with lower offers.
Gains| NCB Financial Group finished trading by rising 22 cents to $5.49, after exchanging 88 shares and Prestige Holdings concluded trading with a gain of 13 cents and settled at $10.14, after exchanging 300 shares.
Losses| First Citizens ended trading 9 cents lower and concluded at $34.90, after exchanging 2,894 shares, JMMB Group concluded trading with a loss of 2 cents and ended at $1.87, with 2,000 stock units changing hands and Massy Holdings traded with a loss of 34 cents and ended at $47.15, with 745 stock units changing hands.
Firm Trades| Ansa Merchant settled at $40, after exchanging 1,200 shares, Clico Investments completed trading at $20.20, with 12,718 units, Grace Kennedy closed at $3, with 21,000 units changing hands, One Caribbean Media ended at $12.35, with 12 stock units traded, Republic Financial Holdings ended at $102.66, with 170 stock units changing hands, Sagicor Financial completed trading at $7.95, with 5,637 units, Trinidad & Tobago NGL ended trading at $29.06, with 1,810 units changing owners and Unilever Caribbean concluded market activity at $29.50 after exchanging 1,000 shares.
Prices of securities trading for the day are those at which the last trade took place. Daily Trading, TTSE, Trading Activity,
Juniors brake year old downtrend
The Junior Market of the Jamaica Stock Exchange enjoyed two days of major index moves as express catering moved to two record closing on Monday and Tuesday and broke a one year downtrend.
The Market Index advanced by 41.64 points to close at 3,068.93 on Tuesday and with Monday’s gains pushed the 2018 gains to 12.3 percent, but the market still trails the peak of May 24 last year of 3,375.24 points. Importantly, the move upward brakes the downtrend it started just over one year ago, suggesting that the market trajectory may be up, from now.
On Tuesday with 23 securities changing hands, resulting in an exchange of 1,630,055 units valued at $7,932,006 compared to 1,017,701 units valued at $4,780,851 on Monday from 22 securities trading.
At the close of market activities, the prices of 9 securities rising, 6 falling and 8 remaining unchanged.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ending with bids higher than their last selling prices and 6 with lower offers.
Market activity ended with an average of 70,872 units for an average of $344,870 in contrast to 46,259 units for an average of $217,311 on Monday. The average volume and value for the month to date amounts to 96,749 units valued at $413,023 and previously 109,975 units valued at $447,857. In contrast, May closed with an average of 217,589 units, valued at $1,322,452 for each security traded.
At the close of the market, Access Financial closed $1 higher at $53, with 100 shares, AMG Packaging gained 10 cents to end at $2.20, with 16,500 stock units, Caribbean Cream ended trading with a loss of 64 cents at $5.06, exchnaging 6,600 shares, Caribbean Flavours traded at $10, with 6,701 stock unit tradings, Caribbean Producers finished trading at $5.25, with 77,700 units. Consolidated Bakeries closed at $2.48, with 87,415 shares, Elite Diagnostic settled at $3.13, with 52,293 units, Express Catering traded 40 cents higher to end at a 52 weeks’ closing high of $7.80, with 258,423 shares, FosRich Group finished trading with a rise of 10 cents at $2.70, exchanging 242,838 shares. General Accident closed with a loss of 9 cents at $3.30, with 10,413 stock units, 
GWest Corporation ended 19 cents higher at $2.30, with 1,945 units, Honey Bun concluded trading with 174,441 shares and lost 20 cents to end at $4.60, ISP Finance dropped $2 to $15, with 17,300 shares. Jamaican Teas ended trading at $4.90, with 9,033 stock units, Jetcon Corporation traded at $4, with 48,100 units, Key Insurance climbed 54 cents and finished trading at $3.29, with 4,500 shares, Knutsford Express ended 75 cents higher at $13.75, with 7,444 shares changing hands. Lasco Distributors concluded trading at $4, with 277,173 stock units, Lasco Financial finished with a loss of 13 cents at $5.12, after 168,368 units traded, Lasco Manufacturing settled with a loss of 29 cents at $3.90, with 98,495 shares, Main Event ended trading at $7.35, with 7,870 units followed by Stationery and Office closing 6 cents higher at $8.06, with 31,803 units and tTech concluded trading 45 cents higher at $5.75, with 24,600 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.
