JSE climbs sharply in morning session

Trading on the Jamaica Stock Exchange resulted in the main market indices climbing sharply with a rise of $2 in the price of National Commercial Bank with just 1,000 shares changing hands, while junior market index inched up moderately.
ICI int -25-11-16A total of 22 securities traded of which 10 advanced and only 3 fell, resulting in a volume of a mere 497,348 shares changing hands carrying a value of a $2,887,938 compared with 3,513,020 shares changing hands with a value of $22,530,339 on Thursday at 11:30 AM. The average number of shares traded, amount to 22,607units versus 26,142 units on Thursday.
At 10:45 am the all Jamaica Composite Index jumped 1,480.50 points to 194,907.23 the Jamaica Stock Exchange Market Index climbed 1,323.83 points to 178,343.83, the Jamaica Stock Exchange combined index surged 1,288.80 points to close at 190,099.49 and the junior market index rose5.95 points to end at 2,404.92.
In trading Cable & Wireless had 185,639 units changing hands at 75 cents, Jamaica Stock Exchange traded 34,094 shares at $5.50, Radio Jamaica had 102,700 units changing hands at $1.35 and 138 Student Living Jamaica had 60,400 units trading at $5.

JSE indices up moderately

Trading on the Jamaica Stock Exchange is off to a modest start on Thursday. ICI JSE int trd 20-10-16Trading in junior market stocks has seen just 5 securities trading. Trading volume and values were down from Wednesday’s level with advancing stocks being beaten by declining ones.
The all Jamaica Composite Index rose 200.57 points to 185,419.96 the Jamaica Stock Exchange Market Index climbed 179.35 points to 166,840.20, the Jamaica Stock Exchange combined index gained 216.17 points to close at 179,187.30 and the junior market index inched up 4.85 points to 2,381.16.
At 10.45 am, a total of 22 securities traded, resulting in a volume of 893,707 shares changing hands carrying a value of $6,616,329, compared to 1,549,643 shares changing hands carrying a value of $11,650,702, on Wednesday.
The average number of shares traded amounts to 40,623 units compared to 55,344 on Wednesday. Market activity resulted in 7 stocks falling while the prices of 5 securities rose.
In trading activity JMMB Group traded 65,446 units at $13.66, Mayberry Investments have exchanged 50,000 units at $3.50, Sagicor Group traded 35,000 shares at $22.70, Proven Investments had 98,471 shares changing hands at 19.95 US cents. 138 Student Living traded 503,737 shares at $4.70

2 new highs for junior market

The junior market rose moderately but three stocks traded at ici Int -14-9-16new highs in the morning session as Caribbean Cream hit $10.20 in trading just 4,823 shares and Blue Power traded at $21. tTech traded up to $6 with 48,521 unit. The advance decline ratio was positive at more than 2 to 1.
At 11:45 am 38 securities traded, resulting in a volume of just 3,624,650 shares carrying a value of $18.2 million changing hands compared to 2,159,587 shares carrying a value of approximately $2.16 million on Tuesday. The average number of shares traded amounts to only The 95,386 units compared to 79,985 units on Tuesday. The number of stocks falling are 8 while the prices of 18 securities rose as the market continues to consolidate.
138 Student Living traded 641,007 units and gained 20 cents to $4.70 and Lasco Financial Services trades 1,266,578 shares but fell down to $3.10 from $3.45 at the close on Tuesday.
The all Jamaica Composite Index gained 102.03 points to 177,425.60, the Jamaica Stock Exchange Market Index climbed 91.24 points to 159,691.81, the Jamaica Stock Exchange combined index rose 270.06 points to close at 171,561.63 and the junior market index rose 18.06 points to 2,284.16.

Declining stocks beat advancers – Tuesday

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Grace Kennedy dropped $6.99 to $118 on Tuesday.

Grace Kennedy dropped $6.99 to $118 on Tuesday.

On a day when falling stocks outnumbered rising ones on the Jamaica Stock Exchange when trading ended on Tuesday, with Grace Kennedy leading with the fall of $6.99 and Carib Cement with a decline of $3. Jamaica Producers climbed to a new 52 weeks high of $46.50 by gaining 50 cents. The volume and value of stocks traded rose above the recent low levels to hit 6,767,711 units valued at $80,226,364, in all market segments with the junior market accounting for 2,358,831 shares, valued at $14,770,636 of all trades.
Overall, 40 securities changed hands on Tuesday as the prices of 8 stocks in the overall market rose, 14 declined, including 3 stocks rising and 5 declining, from the junior market. Two stocks ended at a new 52 weeks’ high, with one of them being in the junior market.
The JSE Market Index fell 617.58 points to end at 158,948.20. The all Jamaica Composite Index declined 690.69 points to close at 176,593.92 and the JSE combined index dropped 531.51 points, to end at 170,411.03.
JSE sum 14-6-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 12 stocks with bids higher than their last selling prices and 2 with lower offers.
At the end of market activities, Barita Investments traded unchanged at $3.08 with 10,000 shares changing hands, Berger Paints traded 7,812 shares to end at $4.50, Cable & Wireless lost 1 cent to close at $1.28 after trading 106,983 units, Caribbean Cement dipped by $3 in trading 23,433 shares and closed at $21. Carreras had 10,357 units trading, to close with a fall of 46 cents at $62.55. Ciboney traded 50,000 shares but slipped a cent to 15 cents. Grace Kennedy plunged $6.99 to close at $118 with 9,000 shares trading, Jamaica Broilers traded 203,919 units changing hands with a decline of 30 cents to close at $14.50. Jamaica Producers traded 859,586 shares and gained 50 cents to end at a 52 weeks’ high of $46.50, JMMB Group fell 20 cents in trading 1,215,063 units to close at $9.80. Kingston Wharves traded just 5,060 shares at $12.50, National Commercial Bank traded 1,860 shares JSE mm fn qts 14-6-16at $41.52 after shedding 48 cents, while 138 Student Living traded 500,000 units and rose 5 cents to close at $4.55, Pan Jamaican Investment Trust traded 26,729 shares to end at $27. Radio Jamaica closed trading with 300,000 shares with the price falling 18 cents to end at $1.52, Sagicor Group ended with 30,427 shares changing hands after gaining 5 cents to $22.70, Scotia Group rose 80 cents to close at $32 with 19,767 units changing hands. Scotia Investments traded 3,000 shares but added 10 cents to close at $26.10, Seprod traded 1,000 shares unchanged at $17, Proven Investments traded 13,7000 shares at 19.48 US cents and Jamaica Money Market Brokers 7.50% preference share ended with 1,000,000 units traded at $2.10.

Stocks start week down – Monday

Grace Kennedy jumped $6.14 to close at a 52 weeks' high of $124.99 on Monday .

Grace Kennedy jumped $6.14 to close at a 52 weeks’ high of $124.99 on Monday.

Grace Kennedy with 1,299,824 with a value of $151,803,781 and National Commercial Bank with 3,020,237 shares valued at $126,848,488, were the dominant trades on the Jamaica Stock Exchange when trading ended on Monday. The volume and value of stocks traded rose above the recent low levels to hit 6,668,094 units valued at $294,997,040, in all market segments with the junior market accounting for 1,041,531 shares, valued at $5,241,081 of all trades.
Overall, 33 securities changed hands on Monday as the prices of 13 stocks in the overall market rose, 10 declined, including 5 stocks rising and 3 declining, from the junior market. Three stocks ended at a new 52 weeks’ high.
The JSE Market Index fell 205.29 points to end at 159,565.78. The all Jamaica Composite Index declined 229.60 points to close at 177,284.61 and the JSE combined index dropped 187.45 points, to end at 170,942.54. IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 8 stocks with bids higher than their last selling prices and 7 with lower offers.JSE sum 13-6-16
At the end of market activities, Berger Paints traded 3,799 shares to end at $4.50, Cable & Wireless lost 1 cent to close at $1.29 after trading 66,713 units, Caribbean Cement traded 27,600 shares and closed at $24. Carreras had 25,043 units trading, to close with a fall of $1 at $63.01. The price of 1834 Investments fell 1 cent and ended at $1.22 with 27,725 units changing hands, Grace Kennedy jumped $6.14 to close at a 52 weeks’ high of $124.99, Jamaica Broilers traded 34,545 units changing hands with a gain of 30 cents to close at $14.80. Jamaica Producers traded 48,596 shares and gained $1 to end at a 52 weeks’ high of $46, JMMB Group traded 1,509 units at $10. Kingston Wharves traded just 540 shares and rose 47 cents to $12.50, National Commercial Bank traded unchanged at $42, while 138 Student Living traded 500,000 units at $4.50,JSE mm fn qts 13-6-16 Pan Jamaican Investment Trust traded 27,725 shares and rose 50 cents to end at $27. Radio Jamaica closed trading with 229,798 shares with the price gaining 28 cents to end at $1.70, Sagicor Group ended with 9,036 shares changing hands after falling 35 cents to $22.65, Scotia Group fell 30 cents to close at $31.20 with 16,539 units changing hands. Scotia Investments traded 20,095 shares but lost 10 cents to close at $26, Seprod traded 14,400 shares unchanged at $17 and Supreme Ventures ended with a gain of 25 cents with 251,5000 shares traded at $4.75.

JSE starts week with gains

Grace Kennedy closed at a new 1 year high

Grace Kennedy closed at a new 1 year high

The Jamaica Stock Exchange main market ended with Grace Kennedy trading at a 52 weeks intraday high of $120 but ended at a 52 weeks’ closing high of $111. The last time the stock traded so high, was March 2015, but the stock is still priced below the all-time high of $123, reached in February of that 2015.
A total of 32 securities changed hands, accounting for 3,191,366 units valued at just $23,420,615, in all market segments. The junior market accounted for 829,940 shares valued at $2,963,453 of the overall trades.
Investors pushed the price of 13 stocks in the overall market up, 7 down, including 3 stocks rising and only 2 declining, from the junior market as two stocks in the main market hit new highs.
The JSE Market Index gained 861.29 points to end at 156,732.93. The all Jamaica Composite Index rose 963.24 points to close at 174,116.44 and the JSE combined index climbed 805.29 points, to close at 167,216.37.
JSE Sum-30-5-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 13 stocks with bids higher than their last selling prices and 4 with lower offers.
At the end of market activities, Barita Investments gained 43 cents and ended with 16,800 units traded at $3.49, Berger Paints rose 5 cents in trading 95,000 shares at $4.45, Cable & Wireless rose 3 cents and closed at $1.38 after trading 236,243 units, Caribbean Cement traded 35,680 shares, gained $1 and closed at $26. Carreras had 10,090 units trading, to close at $65, Ciboney Group had 305,937 units trading at 21 cents, the price of 1834 Investments rose 1 cent to end at $1.11, as 12,161 units changed hands. Grace Kennedy climbed $1 in trading 24,384 units, to close at a 52 weeks’ high of $111, after trading at an intraday 52 weeks’ high of $120. Jamaica Broilers lost 40 cents in trading 19,082 units to end at $14.10. Jamaica Producers traded 2,460 shares at $40, Mayberry Investments rose by 50 cents with just 1,020 shares changing hands at $4, National Commercial Bank traded 22,803 shares, to close at $40. JSE mn fn qts 30-5-16Pan Jamaican Investment Trust went ex-split today with the bid at $24.24 at the close, to buy 18,000 units, but there was no stock on offer, Radio Jamaica closed trading with 86,158 shares at $1.35, Sagicor Group ended with 75,180 shares changing hands at $22.90. Sagicor Real Estate Fund traded 158,156 shares at $10.12, Scotia Group fell 15 cents to close at $32.55, as 27,141 units changed hands. Supreme Ventures lost 22 cents in trading 359,687 units to close at $4.65, Proven Investments added 3 cents in trading 286,857 shares at 19.99 US cents, JMMB Group 7.50% preference share had 92,900 units changing hands at $1.04 and Jamaica Money Market Brokers 7.50% preference share traded 490,000 units at $2.10 but of these stocks losing 1 cent.

138SL dominates – Wednesday

138 Student Living had 2 m ordinary shares trading on Wednesday

138 Student Living had 2 m ordinary shares trading on Wednesday

138 Student Living traded 1,992,000 shares and gained 50 cents to close at $5.50 to be the highlight of the trading day for the Jamaica Stock Exchange on Wednesday. The market closed with 37 securities changing hands, accounting for 5,484,901 units valued at $61,330,932, in all market segments. The junior market had 1,632,717 shares valued at $8,573,035 trading.
Investors pushed the price of 16 stocks in the overall market up, 11 down, including 8 stocks rising and 4 declining, from the junior market. The JSE Market Index moved up 445.09 points to end at 153,869.03. The all Jamaica Composite Index rose 497.77 points to close at 170,913.54 and the JSE combined index gained 233.84 points, to close at 164,488.33.
JSE Sum-18-5-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 14 stocks with bids higher than their last selling prices and 6 with lower offers.
At the end of market activities, Cable & Wireless reacted negatively to news that there is no planned buy out of local shareholders and lost 16 cents and closed at $1.26 after trading 431,515 units, Caribbean Cement traded 621,000 shares to close at $26, Carreras traded 111,082 units with the price rising 41 cents to close at $64.01. Grace Kennedy rose 10 cents with 69,224 shares trading to close at $88.10, the price of 1834 Investments rose by 2 cents in trading 28,349 units to close at $1.02, Jamaica Broilers closed with a fall of 15 cents at $14.50 while trading 13,760 shares. Jamaica Producers traded 43,641 shares at $35, JMMB Group traded 7,330 shares at $9.80, for a 10 cents loss. Kingston Wharves traded 60,957 at $11.65,JSE mn fn qts 18-5-16 Mayberry Investments traded 61,305 shares at $3.99 after falling by a cent, National Commercial Bank traded 80,771 shares, to close with a rise of 10 cents at $39.85. Pan Jamaican Investment pulled back 6 cents to close trading at $124.94 with 25,981 shares changing hands, Radio Jamaica rose 2 cents in trading 11,920 shares at $1.12, Sagicor Group ended with 172,274 shares changing hands, but fell 80 cents, to end at $22.20. Scotia Group closed with a gain of $1 to end at $31 while 16,216 units changed hands, Supreme Ventures closed at $4.70 with 50,959 shares trading after rising 5 cents, Jamaica Money Market Brokers 7.5% preference share ended with 45,500 units trading at $2.11 after falling by 3 cents.

Trading up on JSE – Wednesday

Trading levels picked up the early Wednesday morning session on the Jamaica Stock Exchange, with an increased with the average number of securities trading almost doubling after 75 minutes of the market’s opening. The volume traded also increased well over the amount traded on Tuesday by 69 percent.
After 75 minutes of trading in the early morning session, on Wednesday, the all Jamaica Composite Index ICI int sht 18-05-16 fell 175.88 points to 170,239.89, the JSE Market Index declined by 157.27 points to 153,266.67, the JSE combined index fell 150.58 points, to 164,103.91 and the junior market index lost 0.46 points to 2,138.18.
Stocks traded with 100,000 units or more include, Cable & Wireless traded 328,761 shares at $1.26, Caribbean Cement with 501,000 shares at $27, Carreras with 109,992 units at $64 and 138 Student Living 1,991,000 units at $4.50, in the junior market, General Accident Insurance with 132,318 shares at $2 and Lasco Financial Services with 106,630 units at $3.40.
Trading resulted in activity in 28 securities, accounting for 3,602,821 shares changing hands as 10 stocks gained and 8 declined. The average number of shares traded is 128,672 units compared to an average of 68,756 units on Tuesday.

RJR enjoys big trade on JSE – Friday

RJR had another big trade on Friday.

RJR had another big trade on Friday.

Radio Jamaica dominated trading on The Jamaica Stock Exchange with 43.6 million shares changing hands on Friday to close at $1.12 but gains in other stocks gave the overall market forward a big leapt forward. On Friday 36 securities changed hands, in all market segments and ended with 11 stocks rising and 12 declining and the IC bid-offer Indicator| at the strongest level since February 8, this year.
The market closed with 51,448,945 units valued at $171,764,929 changing hands in all markets. The junior market accounted for 470,000 units valued at $1,549,597 changing hands.
The JSE Market Index took a sharp upturn with a 3,192.15 points rally to end at 152,990.33, the all Jamaica Composite Index jumped 3,570.00 points to end at 169,930.83 and the JSE combined index shot up 3,489.28 points, to close at 160,526.66.
IC bid-offer Indicator| At the end of trading, in the main and junior JSE Sum 08-04-16markets, the Investor’s Choice bid-offer indicator reading showed 17 stocks with bids higher than their last selling prices and only 1 with a lower offer.
At the end of the market activities, Cable & Wireless rose 5 cents to $1.10 in trading 409,741 units, Caribbean Cement lost $1.40 with just 2,922 shares changing hands to end at $22.50, Carreras ended trading 108,094 shares to end at $65. Grace Kennedy closed with 1,469 shares changing hands at $80, Jamaica Broilers traded 3,726,493 units to close at $14.50, after declining by 20 cents. JMMB Group had 6,803 shares changing hands at $10, Kingston Wharves traded 13,945 shares to close at $11.50, Mayberry Investments lost 30 cents to close at $3.70 with 5,000 shares changing hands, National Commercial Bank fell 49 cents with 42,113 shares changing hands to close at $40.01, while 138 Student Living, traded 30,550 shares at $5.50. Pan Jamaican Investments traded 3,999 shares to close at $93, Pulse Investments lost 24 cents to end at $2.99 with 10,000 shares trading, JSE fn qts 08-04-16Radio Jamaica with the largest trade for the day of 43,604,186 shares but lost 6 cents to close at $1.09, Sagicor Group rose 60 cents and ended with 65,158 shares changing hands at $23.70. Sagicor Real Estate Fund traded 5,000 shares to close at $10.02 Scotia Group traded 1,238,437 shares to close at $30 after falling by 50 cents, the stock traded as high as $34.90 ahead of the close. Seprod dropped back $3 to end at $16 with 19,314 shares changing hands, Supreme Ventures gained slipped 14 cents to close at $5 with 44,364 units changing hands, Proven Investments ordinary shares traded 553,800 units to end at 16 US cents, down from 17.50 cents previously. JMMB Group 7.50% preference share traded 868,551 units at $1.17 after shedding 3 cents and the Jamaica Money Market Brokers 7.50% preference share traded 218,200 units at $2.15.

Majors in moderate fall – Wednesday

 NCB hand another big day of trading on Wednesday following high volumes on the prior 2 days.

NCB hand another big day of trading on Wednesday following high volumes on the prior 2 days.

Jamaican main market stocks lost moderate ground again on Wednesday with declining stocks out numbering advancing ones 17 to 12 as 39 securities changed hands, in all market segments. The market closed with 4,119,539 units valued at $73,759,611 changing hands in all markets. The junior market accounted for 661,732 units changing hands, valued at $2,524,696.
The JSE Market Index lost 144.01 points to 153,042.48 the all Jamaica Composite Index dropped 160.95 points to end at 169,989.89 and the JSE combined index shed 569.64 points to close at 162,059.55.
TTSE 09-03-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 9 stocks with bids higher than their last selling prices and 4 with lower offers.
At the end of the market activities, Berger Paints lost 10 cents while trading 3,450 shares at $4, Cable & Wireless closed at $1.40 with 552,033 units, Caribbean Cement jumped $3 to end at $23 with 218,612 shares trading. Carreras climbed $1 to close at $65, while trading 2,930 units, gleaner traded at $2 with 20,000 shares changing hands, Grace Kennedy gained 50 cents with 6,044 shares trading to close at $83.50, Jamaica Broilers gained 5 cents after trading 223,919 units to close at $14.55, Jamaica Producers traded 1,200 shares but lost $2 to close at $33. Jamaica Stock Exchange traded 5,000 shares to end with a loss of $1.90 at $21, JMMB Group had 16,994 units changing hands but lost 13 cents in closing at $10.39, Kingston Wharves had 101,153 shares trading with a rise of 1 cent at $11.36,JSE fn Qts  09-03-16 National Commercial Bank had 1,262,910 shares changing hands at $41 at the close. 138 Student Living traded 20,000 shares and gained 13 cents to end at $5.80, Pulse dropped $1.52 to cl6se at $2.40 with 22,294 units changing hands, Sagicor Group fell 50 cents with 274,371 shares changing hands at $23, Sagicor Real Estate Fund traded 114,030 shares but the price declined 50 cents to $11. Scotia Group had only 3,821 shares changing hands to close with a gain of 50 cents at $30.50. Scotia Investments rose $1.50 with 7,000 units changing hands at $28, Supreme Ventures closed at $4.99 with 23,260 units changing hands after shedding 10 cents, Proven Investments rose 2 US cents to end at 22 US cents with 530,000 units trading.