Trading improving for Jamaica stocks

The Jamaica Stock Exchnage main market fell on Friday with improved trading.

Trading levels hit rock bottom on the main market of the Jamaica Stock Exchange on Friday May 19, when less than 1 million units valued at a mere $11.8 million traded has been rebounding with this Friday’s level being the highest since Thursday last week. On Friday the value of traded stocks almost doubled that of Thursday this week.
Trading improved on the Monday with $31 million of trades but fell back on Wednesday to $27 million and picked up to $37 million on Thursday before moving higher on Friday. Trading levels in the main market ended at 4,417,748 units valued at $73,092,399 compared to 1,392,798 units valued at $37,103,714 at the close on Thursday. Trading in the US dollar market accounted for 56,375 units valued at US$17,199.
The All Jamaica Composite Index declined 1,094.79 points to close at 257,288.98 the JSE Market Index fell 997.48 points to finish at 234,419.39 and the JSE US dollar market index lost 1.69 points to close at 215.59.
The main market ended trading with an average of 152,336 units valued at $2,520,428 per security traded, compared to an average of 53,569 units valued at $1,427,066 on Tuesday. The average volume and value for the month to date ended at 392,814 units with an average value of $5,480,092 compared with an average of 406,174 units and $5,644,518 on the previous trading day. The average volume and value for April ended at 382,748 units with an average value of $5,254,387.
Trading ended with 31 securities changing hands including 2 trading in the US dollar market. At the close, 8 stocks advanced and 8 declined.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 7 stocks with bids higher than their last selling prices and 1 with a lower offer.
In market activity, Barita Investments closed at $7.20 trading 100 shares, Berger Paints exchanged 7,134 shares at $19, Cable and Wireless closed at $1.30, trading 982,050 shares, Caribbean Cement traded 25 cents lower to close at $28.25 exchanging 51,000 shares. Carreras closed at $80, losing $1 with 7,731 shares changing hands, Grace Kennedy gained $1 and closed at $41, with 22,872 units trading, Jamaica Broilers traded 9,249 shares at $18, Jamaica Producers gained 15 cents to close at $16, with 12,538 shares changing hands, Jamaica Stock Exchange closed at $7, after falling 69 cents while exchanging 351,722 shares. JMMB Group exchanged 50,672 units at $20, Kingston Properties traded 52,625 shares at $12, Kingston Wharves lost 50 cents to close at $30.50, trading 5,378 units, Mayberry Investments traded 1,900 shares at $5.30, NCB Financial Group closed at $70.99, with gains of 38 cents after exchanging 242,233 shares, 1834 Investments lost 6 cents and closed at $1.40, with 135,646 shares changing owners, 138 Student Living exchanged 15,000 shares at $4.49, PanJam Investment closed at $35.62, gaining 62 cents in trading 20,553 shares. Portland JSX gained 5 cents to close at $10.15 with an exchange of 2,416 shares, Pulse Investments traded 17,157 shares at $14.50, Radio Jamaica lost 7 cents to close at $1.65, trading 126,425 shares, Sagicor Group added 2 cents to close at $33.02 exchanging 1,021,346 shares, Sagicor Real Estate Fund gained 12 cents, closing at $10.80, with 17,797 units changing hands. Salada Foods jumped $1.02 to close at $8.50 trading 10,000 shares, Scotia Group closed at $42, with an exchange of 85,543 units, Scotia Investments closed at $36.50, with a loss of $1 trading 500 shares. Seprod closed at $30 exchanging 170,000 shares, Sterling Investments closed at $15.50 trading 11,700 shares and Supreme Ventures lost 1 cent to close at $7.49 in an exchange of 211,461 shares. Margaritaville Turks closed at 34 US cents, with 20,500 units changing hands, Proven Investments closed at 28.5 US cents, gaining 0.01 US cent in trading 35,875 ordinary shares and JMMB Group 7.50% preference closed at $1.10 with trades of 775,000 units trading.

Trading activity picking up on JSE

Trading continues to show improving levels on Thursday on the main market of the Jamaica Stock Exchange, with the value of trading rising for the third day in a row. The market closed with 27 securities changing hands including 1 trading in the US dollar market. At the close, 9 st0cks advanced and 10 declined.
Trading levels in the main market ended at 1,392,798 units valued at $37,103,714 compared to 1,213,938 units valued at $26,942,858 at the close on Wednesday. Trading in the US dollar market accounted for 1,450,000 units valued at US$411,800.
The All Jamaica Composite Index advanced 31.85 points to close at 258,383.77 the JSE Market Index gained 29.02 points to finish at 235,416.87 and the JSE US dollar market index fell 0.64 points to close at 217.28.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 8 stocks with bids higher than their last selling prices and 3 with lower offers.
The main market ended trading with an average of 53,569 units valued at $1,427,066 per security traded, compared to an average of 46,690 units valued at $1,036,264 on Tuesday. The average volume and value for the month to date ended at 406,174 units with an average value of $5,644,518 compared with an average of 426,916 units and $5,892,603 on the previous trading day. The average volume and value for April ended at 382,748 units with an average value of $5,254,387.
In market activity, Barita Investments gained 10 cents to close at $7.20 exchanging 100 shares, Berger Paints traded 37,357 shares at $19, Cable and Wireless closed at $1.30, with a loss of 5 cents trading 47,024 shares. Carreras closed at $81, after losing $2 with 17,589 shares changing hands, Grace Kennedy closed at $40, with a loss of $3 trading 488,958 units, Jamaica Broilers traded $1.50 lower to close at $18, after exchanging 8,741 shares, Jamaica Producers lost 15 cents to close at $15.85, with trades of 51,274 shares and Jamaica Stock Exchange gained 19 cents, closing at $7.69 with an exchange of 15,592 shares. JMMB Group closed at $20, gaining 1 cent with 41,891 units changing hands, after the recent 2 for 1 stock split Kingston Properties traded $2 higher to close at an all-time high of $12 in exchanging 10,253 shares, Kingston Wharves gained $1.60 to close at $31, with trades of 22,374 units, Mayberry Investments traded 100 shares at $5.30, NCB Financial Group closed at $70.61, losing 89 cents after exchanging 43,749 shares, 1834 Investments closed at $1.46, with 75,850 shares changing owners, 138 Student Living exchanged 4,372 shares at $4.49, PanJam Investment closed at $35, with a loss of 50 cents trading 22,040 shares. Pulse Investments traded 5,000 shares at $14.50, Radio Jamaica closed at $1.72, with trades of 2,450 shares, Sagicor Group closed at $33, gaining 50 cents exchanging 207,022 shares, Sagicor Real Estate fund closed at $10.68, with gains of 3 cents trading 7,400 units, Scotia Group traded 10 cents lower to close at $42, with an exchange of 5,300 units, Seprod closed at $30 exchanging 6,846 shares, Sterling Investments traded $1.40 lower to close at $15.50, with trades of 10,210 shares, Supreme Ventures gained cents to close at $7.50 trading 10,106 shares. Proven Investments closed at 28.4 US cents, losing 0.1 US cent in exchanging 1,450,000 ordinary shares, JMMB 7.50% preference gained 1 cent to close at $2.06, with 231,200 changing hands and JMMB Group 7.50% preference closed at $1.10 with trades of 20,000 units.

 

JSE main market retreats on Wednesday

Trading in the main market of the Jamaica Stock Exchange closed on Wednesday with 26 securities changing hands with 1 trading in the US dollar market. At the close, 8 stocks advanced and 12 declined.
Trading levels in the main market ended at 1,213,938 units valued at $26,942,858 compared to 2,049,349 units valued at $29,749,255 at the close on Monday. Trading in the US dollar market accounted for 8,950 units valued at US$2,551.
The All Jamaica Composite Index declined 1252.85 points to close at 258,351.92 the JSE Market Index dropped 1,141.49 points to finish at 235,387.85 and the JSE US dollar market index advanced 11.73 points to close at 217.92.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 8 stocks with bids higher than their last selling prices and 1 with a lower offer.
The main market ended trading with an average of 46,690 units valued at $1,036,264 per security traded, compared to an average of 81,974 units valued at $1,189,970 on Monday. The average volume and value for the month to date ended at 426,916 units with an average value of $5,892,603 compared with an average of 450,680 units and $6,196,124 on the previous trading day. The average volume and value for April ended at 382,748 units with an average value of $5,254,387.
In market activity, Berger Paints traded 9,963 shares at $19, Cable and Wireless closed at $1.35, with a loss of 2 cents exchanging 21,085 shares and Caribbean Cement traded 50 cents higher to close at $28.50 with trades of 84,386 units. Carreras exchanged 7,452 shares at $83, Grace Kennedy closed at $43, gaining 1 cent with trades of 55,130 units, Jamaica Broilers closed at $19.50, with gains of 95 cents, after 42,750 shares changed hands, Jamaica Producers gained 1 cent to close at $16, with an exchange of 38,937 shares and Jamaica Stock Exchange lost 4 cents to close at $7.50 trading 3,917 shares. JMMB Group closed at $19.99, losing 2 cents with trades of 20,721 units, Kingston Properties traded for the first time after last week’s 2 for 1 stock split and jumped $1.70 to close at a new record high of $10 exchanging 7,820 shares, Kingston Wharves fell $2.10 to close at $29.40, with an exchange of 11,200 units, Mayberry Investments gained $1.12 to close at $5.30, with 200 shares changing hands, NCB Financial Group closed at $71.50, losing 50 cents after trading 13,881 shares, 1834 Investments gained 1 cent to close at $1.46, with trades of 2,800 shares, 138 Student Living exchanged 32,606 shares at $4.49, PanJam Investment closed at $35.50, with a loss of 11 cents exchanging 14,745 shares. Radio Jamaica closed at $1.72, gaining 7 cents trading 10,616 shares, Sagicor Group closed at $32.50 with trades of 431,201 shares, Sagicor Real Estate fund closed at $10.65, losing 64 cents exchanging 10,599 units, Scotia Group closed at $42.10, with a loss of $1.20 trading 28,989 units, Scotia Investments traded 5,193 shares at $37.50, after losing 35 cents, Seprod dropped $4 to close at $30 exchanging 27,802 shares, strong>Sterling Investments traded 10,400 shares at $16.90 and Supreme Ventures lost 49 cents to close at $7, with trades of 75,850 shares. Proven Investments closed at 29 US cents trading 8,950 ordinary shares and JMMB Group 7.50% preference closed at $1.10 with trades of 243,195 units.

6 consecutive records for Jamaican stocks

The Jamaica Stock Exchange main market hit a new close on Wednesday.

The main market of the Jamaica Stock Exchange ended at another record close on Wednesday with the all Jamaica composite Index rising 776 points to 6 consecutive days of record close.
The market closed with 27 securities changing hands, including 3 trading in the US dollar market. At the close, 9 stocks advanced and 8 declined.
Trading levels in the main market ended at 2,091,191 units valued at $25,621,686 compared to 4,295,095 units valued at $1,350,559,147 on Friday. Trading in the US dollar market accounted for 22,705 units valued at US$10,242.
The All Jamaica Composite Index rose 776.19 points to close at 264,248.13, still below the 265,287.63 points reached during the morning session on Tuesday. The JSE Market Index climbed 707.19 points to finish at 240,759.97 and the JSE US dollar market index remained at 218.77 points.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 8 stocks with bids higher than their last selling prices and 2 with lower offers.
The main market ended trading with an average of 86,187 units valued at $1,067,570 per security traded, compared to an average of 4,295,095 units valued at $50,020,709 on Tuesday. The average volume and value for the month to date ended at 559,541 units with an average value of $7,597,279, compare with an average of 606,876 units and $8,250,250 on the previous trading day. The average volume and value for April ended at 382,748 units with an average value of $5,254,387.
In market activity, Barita Investments traded 83,620 shares at $7, Berger Paints lost 10 cents to close at $23.50, with an exchange of 18,764 shares, Cable and Wireless closed at $1.40, with 792,421 shares changing hands, Caribbean Cement traded 50 cents higher to close at $29.50 while exchanging 8,389 units. Carreras added $1 to close at $83 trading 17,981 shares, Grace Kennedy closed at $43, with gains of 60 cents exchanging 16,088 units, Jamaica Broilers closed at $20, with trades of 34,502 shares, Jamaica Producers closed 41 cents lower to $15.99, with 68,329 shares changing owners, Jamaica Stock Exchange gained 45 cents to close at $7.50 trading 74,702 shares. JMMB Group closed at $20.01, losing 99 cents, trading of 88,264 units, Kingston Wharves traded 48 cents higher to close at $31.49, with an exchange of 107,651 units, NCB Financial Group closed at $72, with a 1 cent gain after trading 130,222 shares, 1834 Investments traded 4 cents lower to close at $1.80, with an exchange of 2,089 shares, 138 Student Living traded 15,685 shares at $4.49, PanJam Investment closed at $35.55, with trades of 5,346 shares. Pulse Investments closed at $14.40, with gains of 40 cents as 11,463 shares were exchanged, Radio Jamaica closed at $1.66, losing 4 cents trading 132,912 shares, Sagicor Group gained 50 cents to close at $33.50, with trades of 17,041 shares, Sagicor Real Estate Fund closed at $11.05 and lost 14 cents exchanging 6,683 units, Scotia Group closed at $42, with 14,663 units changing hands, Seprod traded 25,000 shares at $35, Sterling Investments lost 15 cents to close at $16.75 with an exchange of 1,000 shares, Supreme Ventures lost 1 cent to close at $7.49, with trades of 151,466 shares. Margaritaville Turks closed at 34 US cents with 10,821 units traded, Proven Investments closed at 29 US cents trading 8,084 ordinary shares, JMMB Group 6% US preference share closed at US$1.10 with trades of 3,800 units and JMMB Group 7.5% preference share closed at $1.10, with 244,205 units changing hands.

JSE in big record run on Tuesday

Berger Paints ended at a 52 weeks’ high of $23.50 on Tuesday

The main market of the Jamaica Stock Exchange shot up more than 3,300 points in the morning session to an intraday high on with all Jamaica Composite index up by 3,327.59 points to a new record, at 10:45 AM the index hit 265,287.63 points. The market failed to hold on to such heady gains and fell back later to end at a record close.
At the close of the market the All Jamaica Composite Index advanced 1,511.90 points to record close of 263,471.94, the JSE Market Index gained 1,377.52 points to finish at record closing high of 240,052.78 and the JSE US dollar market index rose 0.45 points to close at 218.77.
Trading ended with 29 securities changing hands including 2 trading in the US dollar market. At the close, 10 stocks advanced and 7 declined.
Trading levels in the main market ended at 115,967,557 units valued at $1,350,559,147 compared to 4,670,861 units valued at $78,264,470 at the close on Monday. Trading in the US dollar market accounted for 19,645 units valued at US$5,789.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 8 stocks with bids higher than their last selling prices and 4 with lower offers.
The main market ended trading with an average of 4,295,095 units valued at an average of $50,020,709 compared to an average of 166,816 units with an average value of $2,795,160 on Monday. The average volume for the month to date ended at 538,261 units carrying an average value of $7,554,509 versus 196,730 units an average value $3,693,945 on the prior trading day. The average volume and value for April ended at 382,748 units and $5,254,387.
In market activity, Barita Investments traded 100,000 shares at $7, Berger Paints gained $3.58 to close at a record high of $23.60, with trades of 12,300 shares, Cable and Wireless closed at $1.40, with 381,200 shares changing hands. Carreras added 5 cents to close at $82 after hitting a new intraday high of $84 while exchanging 64,795 shares, Grace Kennedy closed at $42.40, with a loss of 10 cents trading 35,814 units, Jamaica Broilers closed at a record high of $20, gaining $2, trading 49,022 shares, Jamaica Producers closed 40 cents higher at $16.40, with 226,826 shares changing ownership, Jamaica Stock Exchange lost 45 cents to close at $7.05 trading 12,285 shares. JMMB Group lost 50 cents to close at $21, after trading of 27,952 units, Kingston Wharves traded 91 cents higher to close at $31.01, with an exchange of 12,000 units, Mayberry Investments closed at $4.75, with 157,731 shares trading, NCB Financial Group closed at $71.99, after trading 36,196 shares, 1834 Investments lost 1 cent to close at $1.84, with an exchange of 242,270 shares, 138 Student Living closed at $4.49 trading 3,107 shares, PanJam Investment added 5 cents to close at $35.55, with trades of 16,955 shares. Pulse Investments closed at $14, with gains of $1.50 exchanging 11,780 shares, Radio Jamaica closed at $1.70, gaining 5 cents trading 27,400 shares, Sagicor Group traded 90 cents lower to close at $33, with trades of 953,208 shares, Sagicor Real Estate fund closed at $11.19, with gains of 19 cents exchanging 112,260,515 units, Scotia Group was down $2 to close at $42, with 987,439 units changing hands, Scotia Investments closed at $37.85, trading 200 shares, Seprod traded 3,300 shares at $35, Sterling Investments closed at $16.90 with an exchange of 22,584 shares, Supreme Ventures jumped 65 cents and closed at a record high of $7.50 exchanging 25,353 shares. Proven Investments 8.25% preference share gained 3 cents to close at $5.20 with trades of 19,200 units, Margaritaville Turks closed at 34 US cents with 1,845 units traded, Proven Investments closed at 29 US cents trading 17,800 ordinary shares, JMMB 7.5% preference share closed at $1.82, losing 8 cents with an exchange of 178,125 units and JMMB Group 7.5% preference share closed at $1.10, with 100,000 units changing hands, Proven Investments preference share jumped $1 to hit a 52 weeks high of $6.17 while trading 34,200 shares.

New record close for JSE – Monday

Carreras climbed to a 52 weeks’ high of $81.95.

The main market of the Jamaica Stock Exchange closed a record high on Monday following record close on Friday. The All Jamaica Composite Index advanced 213.39 points to close at a record 261,960.04 the JSE Market Index gained 194.42 points to finish at new record of 238,675.26 and the JSE US dollar market index lost 0.45 points to close at 218.32.
Trading levels in the main market ended at 4,670,861 units valued at $78,264,470 compared to 4,918,036 units valued at $117,841,841 at the close on Friday. Trading in the US dollar market accounted for 10,855 units valued at US$4,017. At the close, 28 securities changed hands in the main market and 3 in the US dollar market as 15 stocks advanced and 8 declined including 4 that traded at 52 weeks’ high during the day.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 12 stocks with bids higher than their last selling prices and 2 with lower offers.
The main market ended trading with an average of 166,816 units valued at $2,795,160 for each security traded, compared to an average of 223,547 units valued at $ $5,356,447 on Friday. The average volume for the month to date ended at 196,730 units with an average value of $3,693,945 versus 199,722 units with an average value of $3,783,824 on the prior trading day. The average volume and value for April ended at 382,748 units with an average value of $5,254,387.
In market activity, Barita Investments traded 1,000 shares at $7, Berger Paints gained 2 cents to close at record high of $20.02, with trades of 500 shares, Cable and Wireless closed at $1.40, gaining 10 cents with 1597,672 shares changing hands, and Caribbean Cement closed at $29, with a loss of $1 trading 1,600 units. Carreras gained $1.95 to close at a 52 weeks’ high of $81.95 exchanging 13,000 shares, Grace Kennedy jumped $1.15 and closed at $42.50, trading 39,050 units, Jamaica Broilers closed at $18, gaining 49 cents with 233,299 shares trading, Jamaica Producers closed $1.19 lower to $16, with 159,742 shares changing owners, Jamaica Stock Exchange lost 50 cents to close at $7.50 trading 215,846 shares. JMMB Group closed at $21.50, after rising $1.50 with 22,430 units changing hands, Kingston Wharves traded 10 cents higher to close at $30.10, with an exchange of 1,750 units, Mayberry Investments closed at $4.75, gaining 5 cents with 101,000 shares changing owners, NCB Financial Group closed at $71.99, with gains of 74 cents after trading 49,561 shares, 1834 Investments traded 11 cents higher to close at $1.85, with an exchange of 1,785,370 shares, 138 Student Living lost 1 cent to close at $4.49 trading 4,593 shares, PanJam Investment closed 49 cents higher to $35.50, with 523,242 shares trading. Portland JSX lost 30 cents, closing at $10.30 with an exchange of 584 shares, Pulse Investments closed at $12.50, with a loss of $1.30 exchanging 39,013 shares, after trading at an intraday high of $14.50, Radio Jamaica closed at $1.65, losing 10 cents trading 78,685 shares, Sagicor Group gained 20 cents to close at $33.90, trading of 658,471 shares, Sagicor Real Estate fund closed at $11 exchanging 36,714 units, Scotia Group gained $1 to close at $44, with 357,959 units changing hands, Scotia Investments closed at $37.85, with trades of 801 shares, Seprod traded 23,218 shares at $35, Sterling Investments lost 11 cents to close at $16.90 with an exchange of 9,236 shares, Supreme Ventures closed at a record high of $7.50, with gains of $1.11 exchanging 71,624 shares. Proven Investments closed at 28.1 US cents trading 8,755 ordinary shares, Margaritaville Turks closed at 34 US cents with 1,100 units traded, JMMB Group 6% US preference share closed at US$1.11 with trades of 1,000 units, JMMB 7.5% preference share closed at $1.90, with an exchange of 8,046 units and JMMB Group 7.5% preference share closed at $1.10, gaining 3 cents with 74,855 units changing hands.

Jamaican stocks at record high – Friday

Berger Paints hits new high on Friday.

The main market of the Jamaica Stock Exchange closed on Friday at record high with the indices climbing close to 1,000 points and betters the record high reached on Thursday. A total of 22 securities changed hands in the main market with 2 trading in the US dollar market. At the close, 10 stocks advanced and 9 declined.
Trading levels in the main market ended at 4,918,036 units valued at $117,841,841 compared to 3,535,180 units valued at $98,920,695 at the close on Thursday. Trading in the US dollar market accounted for 16,372 units valued at US$4,761.
The All Jamaica Composite Index advanced 846.50 points to close at 261,746.65 the JSE Market Index gained 771.26 points to finish at 238,480.84 and the JSE US dollar market index rose 6.16 points to close at 218.77.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 9 stocks with bids higher than their last selling prices and 2 with lower offers.
The main market ended trading with an average of 223,547 units valued at $5,356,447 for each security traded, compared to an average of 160,690 units valued at $963,539 on Friday. The average volume for the month to date ended at 199,722 units with an average value of $3,783,824 versus 197,074 units with an average value of $3,609,088 on the prior trading day. The average volume and value for April ended at 382,748 units and $5,254,387.
In market activity, Barita Investments traded 125,511 shares at $7, Berger Paints surged $3 to end at a closing high of $20, with an exchange of 32,864 shares, Cable and Wireless closed at $1.30, losing 10 cents with 267,306 shares changing hands, and Caribbean Cement closed at $30 trading 4,577 units. Grace Kennedy closed at $41.35, with a loss of $1.45 exchanging 1,002,700 units, Jamaica Broilers traded at a new high of $18 but closed at $17.51, after recording a gain of 31 cents with 416,493 shares changing hands, Jamaica Producers closed 99 cents higher to $17.49, with 5,974 shares changing ownership, Jamaica Stock Exchange put on 50 cents to close at $8 trading 15,523 shares. JMMB Group closed at $20, after losing $2 with 68,971 units passing through the market, Kingston Wharves traded 9,337 units at $30, NCB Financial Group closed at $71.25, with a loss of 75 cents after trading 95,793 shares, 1834 Investments lost 1 cent to close at $1.74, with an exchange of 1,141,499 shares, PanJam Investment closed 59 cents lower at $35.01, with 545,610 shares changing hands. Pulse Investments gained $1.80 to close at an all-time high of $13.80, exchanging 47,819 shares, Radio Jamaica closed at $1.75, gaining 5 cents trading 2,100 shares, Sagicor Group closed at $33.70, gaining 30 cents with 337,874 shares trading, Sagicor Real Estate Fund closed at $11 exchanging 60,209 units, Scotia Group lost 50 cents to close at $43, with 377,024 units changing hands, Scotia Investments closed at $37.85, losing 60 cents with trades of 2,257 shares, Supreme Ventures closed at $6.39 exchanging 149,641 shares, Proven Investments traded 16,100 ordinary shares at 29 US cents, Margaritaville Turks gained 0.08 US cents to close at 34 US cents with 272 units traded, JPS 9.5% preference share closed at $1,325, with gains of $78 exchanging 4,954 units and JMMB Group 7.5% preference share closed at $1.07, losing 3 cents with 204,000 units changing hands.

 

Record close for JSE stocks – Wednesday

All Jamaica Index looking to 275,000 before being challenged by upward sloping resistance line.

The main market of the Jamaica Stock Exchange ended trading with a record close after the All Jamaica composite Index surged more than 3,200 points and the JSE Market Index ended just under 3,000 points higher.
The main market hit new high early in the morning session and kept on moving higher as trading progressed and hit 260,625.67 points at 11.30 after adding 3,317.30 points, the JSE Market Index rose 3,022 .44 to 237,459.51 while the combined Index jumped 2,631.98 points to 253,640.67, before settling slightly lower by the close.
The market closed on Wednesday with 22 securities changing hands with 1 trading in the US dollar market. At the close, 12 stocks advanced and 3 declined.
Trading levels in the main market ended at 6,346,217 units valued at $82,133,615 compared to 5,201,072 units valued at $124,919,823 at the close on Tuesday. Trading in the US dollar market accounted for 73,139 units valued at US$21,210.
The All Jamaica Composite Index advanced 3,252.77 points to close at 260,561.14 the JSE Market Index gained 2,963.64 points to finish at 237,400.71 and the JSE US dollar market index lost 6.38 points to close at 212.61.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 8 stocks with bids higher than their last selling prices and 4 with lower offers.
The main market ended trading with an average of 288,464 units valued at an average of $3,733,346 compared to an average of 192,632 units and $4,626,660 on Tuesday. The average volume for the month to date ended at 201,622 units with an average value of $3,939,782 versus 204,192 units and $4,136,602 on the prior trading. The average volume and value for April ended at 382,748 units and $5,254,387.
In market activity, Berger Paints traded of 11,291 shares gained 19 cents, in at closing at $16.71 after trading at an intraday high of $20, Cable and Wireless closed at $1.40, gaining 6 cents with 2,064,744 shares changing hands, Caribbean Cement traded $4 higher to close at $32 exchanging 16,000 units. Carreras gained $1 and closed at $77, in trading 7,251 shares, Grace Kennedy closed at $41.86, with gains of 36 cents while exchanging 778,096 units, Jamaica Broilers closed at $17.75, with 10,812 units changing hands, Jamaica Producers closed 20 cents higher to $17.20, with 63,388 shares changing ownership, Jamaica Stock Exchange closed at $7.50, but lost 50 cents trading 4,000 shares. JMMB Group closed at $21.36, after losing 29 cents with trades of 14,937 units, Kingston Properties exchanged 243 shares at $16.60, Mayberry Investments closed at $5.30 with an exchange of 181,092 shares, NCB Financial Group gained 1 cent to close at $72, after exchanging 46,216 shares, 1834 Investments closed at $1.55, with gains of 20 cents trading a mere 100 shares, PanJam Investment closed 75 cents higher to $35 exchanging 38,166 shares. Radio Jamaica closed at $1.67 trading 200 shares, Sagicor Group closed at $33.90, gaining 40 cents with trades of 547,328 shares, Sagicor Real Estate fund gained 65 cents to close at $11 exchanging 79,281 units, Salada traded 122,816 shares at $8, Scotia Group lost 2 cents to close at $43.48, with 16,571 units changing hands, Scotia Investments closed at $37.50, with trades of 60,000 shares, Supreme Ventures gained 1 cent to close at $6.39 exchanging 2,283,585 shares at $6.39, Proven Investments lost 0.01 US cents, closing at 29 US cents trading 73,139 ordinary shares and JMMB Group 7.5% preference share closed at $1.10, gaining 5 cents with 100 units changing hands.

JSE majors slipped slightly on Monday

Trading in the main market of the Jamaica Stock Exchange closed on Monday with 26 securities changing hands with 1 trading in the US dollar market. At the close, 10 stocks advanced and 8 declined with the main market ending in 2,884,030 units valued at $64,356,186 trading compared to 4,838,789 units valued at $105,278,278 at the close on Wednesday.
Trading in the US dollar market accounted for only 1,502 units valued at US$450. The All Jamaica Composite Index declined 144.74 points to close at 257,591.70, the JSE Market Index fell 131.87 points to finish at 234,695.22 and the JSE US dollar market index closed unchanged at 218.99 points.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 9 stocks with bids higher than their last selling prices and 1 with a lower offer.
The main market ended trading with an average of 110,924 units valued at $2,475,238 per security traded, compared to an average of 256,060 units valued at $2,718,995 on Friday.  The average volume for the month to date ended at 188,647 units with an average value of $3,859,708 versus 204,192 units with an average value of $4,136,602 on the prior trading day. The average volume and value for April ended at 382,748 units with an average value of $5,254,387.
In market activity, Berger Paints lost 5 cents to close at $16.85, in trading of 17,380 shares, Cable and Wireless closed at $1.34, with 353,181 shares changing hands, Caribbean Cement traded $1 higher to close at $29 with an exchange of 13,220 units, Carreras closed at $77 exchanging 57,323 shares, Grace Kennedy closed at $42.50, after gaining 25 cents and trading 800,378 units. Jamaica Broilers closed at $17.50, with gains of 50 cents trading 64,249 shares, Jamaica Producers closed $1 lower to $17.60 exchanging 223,675 shares and Jamaica Stock Exchange closed at $7.75, with a loss of 25 cents, trading 12,138 shares, JMMB Group closed at $21.25, losing 25 cents with trades of 11,790 units, Kingston Wharves traded 90 cents lower to close at $30, with 11,511 shares changing hands. Mayberry Investments gained 5 cents to close at $4.55 with an exchange of 78,234 shares, NCB Financial Group closed at $71, after exchanging 143,410 shares, 1834 Investments gained 6 cents to close at $1.50, trading 4,300 shares, 138 Student Living traded 100 units at $4.50, PanJam Investment closed 19 cents higher to $35.20, in exchanging 7,317 shares, Portland JSX Fund closed at $10.60 trading 800 units. Pulse Investments closed trading at $9.10 in gaining $1.05 with 113,536 shares swapping owners, Radio Jamaica gained 2 cents and closed at $1.67, with 43,300 shares, Sagicor Group closed at $33.50, to record a gain of 45 cents in trading 29,153 shares, Sagicor Real Estate Fund gained 5 cents to close at $10.35 while exchanging 8,200 units, coffee processors, Salada Foods traded 2,700 units at $8, Scotia Group closed 50 cents lower at $43, with 29,579 units changing hands, Seprod shed $3.50 to close at $36, trading 15,860 shares Sterling Investments lost 1 cent to close at $17 with an exchange of 500 units, Supreme Ventures closed at $6.38, with trades of 678,489 shares and Proven Investments exchanged 1,502 ordinary shares at 30 US cents.

JSE stocks dropped on Monday

Trading in the main market of the Jamaica Stock Exchange closed on Monday with 25 securities changing hands with 2 trading in the US dollar market. At the close, 5 stocks advanced and 11 declined.
Trading levels in the main market ended at 6,543,059 units valued at $67,974,879 compared to 6,987,999 units valued at $137,346,087 on Friday. Trading in the US dollar market accounted for 1,702 units valued at US$998.
The All Jamaica Composite Index dropped 2,009.81 points to close at 251,986.09, the JSE Market Index dived 1,831.17 points to finish at 229,587.87 and the JSE US dollar market index remained at 219 points.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 7 stocks with bids higher than their last selling prices and 1 with a lower offer.
The main market ended trading with an average of 256,060 units valued at $2,718,995 per security traded, compared to an average of 258,815 units valued at $5,086,892 on Friday. The average volume and value for April ended at 382,748 units with an average value of $5,254,387.
In market activity, Berger Paints closed at $16 trading 38,142 shares, after trading at a 52 week’s intraday high of $16.90, Cable and Wireless closed at $1.35, gaining 4 cents with 181,062 shares changing hands, Caribbean Cement traded 1 cent higher at $26.01 with trades of 19,575 units. Carreras lost 61 cents to close at $76.89 exchanging 6,003 shares, Grace Kennedy closed at $43.90, losing 10 cents trading 13,475 units, Jamaica Broilers closed at $16.90, gaining 40 cents with an exchange of 9,318 shares, Jamaica Producers closed 15 cents lower at $17.50, exchanging 2,590 shares Jamaica Stock Exchange closed 31 cents lower to $7.20, with trades of 8,798 shares. JMMB Group closed at $20, after losing 88 cents and trading 49,704 units, Kingston Wharves closed at $31, with gains of 25 cents exchanging 19,100 units, Mayberry Investments closed at $4.60, with an exchange of 230,961 shares, NCB Financial Group traded at $70, gaining $2.50 with 116,119 shares changing hands, 1834 Investments lost 11 cents to close at $1.70, with an exchange of 49,071 shares, PanJam Investment closed 85 cents lower to $34.15 with trades of 671,027 shares. Portland Fund closed at $10 exchanging 22,987 shares, Pulse Investments closed at $8.05 with trades of 30,000 units, Radio Jamaica lost 1 cent to close at $1.67 exchanging 4,479,929 shares, Sagicor Group closed at $31, with a loss of $1.50 trading 84,800 shares, Scotia Group closed at $39.01, losing $2.99, with 388,894 units changing owners, Scotia Investments closed at $36.55, with a loss of $1.70 exchanging 116,579 shares, Seprod traded 1,810 units at $36, Sterling Investments closed at $17.01, with 570 shares exchanged, Supreme Ventures closed at $6.38 trading 100 shares. Proven Investments exchanged 1,093 ordinary shares at 30 US cents, Jamaica Money Market Brokers 7.5% preference share closed at $1.98 exchanging 2,000 units and Jamaica Public Service 9.5% preference share closed at $1,300 trading 445 units.