Trading in the main market of the Jamaica Stock Exchange closed Thursday with 23 securities changing hands and 1 trading in the US dollar market. In the main market, 12 stocks advanced and 7 declined in the main market.
Trading levels in main market ended at 5,370,742 units valued at $94,687,874 compared to 4,735,330 units valued at $232,334,549 at the close on Wednesday. Trading in the US dollar market accounted for 22,600 units valued at US$6,642.
The All Jamaica Composite Index advanced 207.42 points to close at 243,513.01 the JSE Market Index gained 188.98 points to finish at 221,867.93 and the JSE US dollar market index lost 4.47 points to end at 218.16.
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 10 stocks with bids higher than their last selling prices and 4 with lower offers.
The main market ended trading with an average of 184,556 units on Thursday, compared to an average of 189,413 units on the previous trading day. The average volume and value for February, ended at 223,938 units and $1,379,459.
In market activity, Berger Paints closed at $13, with gains of 90 cents while trading 90,275 shares, Cable and Wireless closed at $1.30, adding 1 cent with trades of 211,079 units, Caribbean Cement closed 60 cents higher to $31.80 with an exchange of 9,127 units. Carreras dropped 51 cents to close at $69.50 trading 16,967 shares, Grace Kennedy closed $1.90 lower to $41.10 with 9,968 units, Jamaica Broilers gained 50 cents to close at $16, with an exchange of 31,624 shares, Jamaica Producers traded 76,500 shares at $16, Jamaica Stock Exchange closed at $7.96, with 39,382 units changing hands. JMMB Group gained 48 cents, closing at $17.98 with trades of 59,426 units, Kingston Wharves advanced $1 to $31, with 144,600 units changing owners, Mayberry Investments lost 5 cents and closed at $5.20 with an exchange of 1,867 shares, NCB Financial Group slipped $1 to $61, after exchanging 76,297 shares,
1834 Investments gained 10 cents, closing at $1.60 with 500 shares changing hands, Palace Amusement jumped $5 in closing at an all-time high of $200, with just 100 units being exchanged, Pan Jamaican dropped $2.94 to close at $34.06 trading 1,665,400 shares, Portland JSX closed 99 cents higher to $10.99 in exchanging 850 units, Pulse Investments traded 27,271 units at $8.50. Sagicor Group closed at $33.50 with gains of 2 cents trading 298,726 shares, Scotia Group added 10 cents to close at $38.20, with 42,312 units traded, Seprod closed at $39 with trades of 3,160 shares, Supreme Ventures closed 29 cents higher to $6.29, with 1,516,503 shares changing hands. Proven Investments lost 4 US cents to close at 27 US cents trading 22,600 ordinary shares, JMMB Group 7.25% preference share exchanged 1,000 units at $1.50, and JMMB Group 7.5% preference share closed at $1.10 with trades of 1,047,808 units.
JSE stock drops 90c with 36M shares
March 6, 2017 by
Scotiabank pumped up the JSE on Friday.
Trading ended on Friday with 25 securities changing hands with 2 trading in the US dollar market on day when Scotia Group jumped $5.49 to be the main pusher in the market indices. In the main market, 7 stocks advanced and 14 declined in the main market, while two stock rose in the US dollar market. Trading levels in main market ended at 42,703,583 units valued at $422,229,138 compared to 6,321,606 units valued at $60,670,887 at the close on Thursday. Trading in the US dollar market accounted for 871,891 units valued at US$291,484.
The All Jamaica Composite Index jumped sharply by 3,676.85 points to close at 256,245.23, just over 1,000 points shy of the all-time record close of 257,395.71 reached on February 10. The JSE Market
Index advanced 3,287.75 points to finish at 233,503.31 and the JSE US dollar market index gained 18.12 points to close at 238.66.In market activity, Berger Paints gained 50 cents, closing at $11.50 with trades of 9,008 units, Cable and Wireless lost 10 cents to close at $1.35 with 1,513,758 shares changing hands, Caribbean Cement closed lower by $1.90 to $36.10 trading 17,650 shares. Carreras closed at $66.50 with an exchange of 1,740 units, Grace Kennedy slid 16 cents to close at $41.51 trading 100,176 units, Jamaica Broilers closed at $14.54, losing $1.46 trading 70,774 shares, Jamaica Producers lost 70 cents trading 192,548 units at $16.80,. JMMB Group closed 98 cents lower to $19.51 with an exchange of 98,812 units, Kingston Wharves gained 50 cents to close at $32 trading 15,322 shares, Mayberry Investments jumped $1.39 cents to a 52 weeks’ high of $6.39 with trades of 182,245 units. The stock has not seen this price level since June 15, 2005, when it traded at $6.45, after it was listed in April and reached a high of $8.20 on April 26, 2005. National Commercial Bank fell 50 cents to $62.50, after swapping 63,512 units, Pan Jamaican closed at $35.20, losing 80 cents with an exchange of 22,498 shares, Radio Jamaica gained 5 cents to close at $1.65 trading 120,820 units, Sagicor Group closed at $36.26, losing 24 cents with trades of 2,938,603 units.
Sagicor Real Estate Fund closed 22 cents higher at $10.47 with 2,100 units changing hands, Scotia Group closed at $44, with gains of $5.49 trading 456,247 shares, Scotia Investments traded 1,600 shares at $39.50, Seprod lost 49 cents to close at $40.51 with trades of 16,229 shares. Sterling Investments traded at a 52 weeks’ high of $17.50 with gains of $1.30 and an exchange of 1,000 units, Supreme Ventures closed at $5.70, losing 30 cents with 405,888 shares being exchanged, Proven Investments gained 2 US cents to close at 32 US cents trading 859,891 ordinary shares. JMMB 7.5% preference share closed at $1.75 with gains of 4 cents and 3,296 units changing hands, JMMB Group 7.5% preference share gained 2 cents trading 114,502 units at $1.07 and JMMB Group US$ 6% preference share closed at US$1.10 with trades of 12,000 units.
JSE main market stocks drop again -Thursday
March 2, 2017 by
C&W reacted negatively to results to the end of 2016.
Trading levels in main market ended at 6,321,606 units valued at $60,670,887 compared to 4,208,705 units valued at $25,855,773 at the close on Tuesday. Trading in the US dollar market accounted for 77,435 units valued at US$22,856.
The All Jamaica Composite Index declined 841.40 points to close at 252,568.38 the JSE Market Index lost 752.36 points to finish at 230,215.56 and the JSE US dollar market index was down 3.00 points to close at 220.54. The average trade in the main and US dollar markets ended at 246,117 units compared to 166,173 units on Tuesday.
In market activity, Berger Paints declined 89 cents to close at $11, trading 52,918 units, Cable and Wireless lost 20 cents, closing at $1.45 with an exchange of 4,079,487 shares, as investors reacted negatively to the loss of $1.56 billion incurred for the nine months to December last year, Caribbean Cement closed higher by $1 at $38 with 17,270 shares changing hands. Carreras added 49 cents to close at $66.50 with trades of 4,645 units, Grace Kennedy gained 67 cents to close at $41.67 trading 140,156 units, Jamaica Broilers closed at $16 trading 190,919 shares, Jamaica Producers traded 86,911 units at $17.50, having gained $1.22, Jamaica Stock Exchange closed at $8.40, with a loss of 60 cents trading 102,218 shares. JMMB Group gained 9 cents to close at $20.49 with an exchange of 162,176 units, Kingston Wharves closed at $31.50 trading 5,340 shares, Mayberry Investments closed 40 cents lower at $5, with trades of 112,534 units.
National Commercial Bank rose to $63, gaining 24 cents after swapping 21,089 units, 1834 Investments traded 15,369 shares to close 1 cent higher at $1.75, Pan Jamaican closed $1.05 higher at $36, with an exchange of 128,130 shares, Portland JSX traded 6,730 units at $10.60, Pulse Investments closed at $7.50 with 20,074 shares changing hands, Radio Jamaica fell 21 cents to close at $1.60 trading 19,391 units. Sagicor Group closed at $36.50, gaining 25 cents with trades of 5,079 units, Sagicor Real Estate fund closed 75 cents lower to $10.25 with 292,712 units changing hands. Scotia Group closed at $38.51, losing $1.71, trading 702,136 shares, Seprod traded 1,600 shares at $41, Supreme Ventures closed at $6 with 124,293 shares traded, while Trinidad Cement closed at $63 with trades of 100 units. Proven Investments closed at 30 US cents trading 77,435 ordinary shares and JMMB Group 7.5% preference share traded 27,229 units at $1.05.
JSE main market drops – Tuesday
February 28, 2017 by
Seprod shares dropped $4.10 on Tuesday.
Trading levels in main market ended at 4,208,705 units valued at $25,855,773 compared to 2,731,850 units valued at $28,681,270 at the close on Monday. Trading in the US dollar market accounted for 111,790 units valued at US$33,562. The average trade in main and US dollar markets was 166,173 units.
The All Jamaica Composite Index declined 1,536.37 points to close at 253,409.78 the JSE Market Index lost 1,373.78 points to finish at 230,967.92 and the JSE US dollar market index was down 2.41 points to close at 223.54.
In market activity, Berger Paints gained 39 cents to close at $11.89 trading 54,613 units, Cable and Wireless closed at a 52 weeks closing high of $1.65 with gains of 11 cents and an exchange of 2,392,482 shares, Caribbean Cement closed lower by $1 to $37 with 17,710 shares changing hands. Carreras fell $1.49 to close at $66.01 with trades of 12,500 units, Grace Kennedy gained 50 cents to close at $41 trading 89,047 units, Jamaica Broilers traded $1 higher, closing at $16 with 15,450 shares being exchanged, Jamaica Producers lost 73 cents to close at $16.28 with trades of 167,783 units changing hands. Jamaica Stock Exchange closed at $9, with a loss of $1 trading 411,165 shares. JMMB Group closed at $20.40, losing 9 cents with a swapping of 19,485 units, Kingston Wharves closed at $31.50 trading 3,550 shares, Margaritaville Turks lost 3 US cents to close at 32 US cents with trades of 1,980 shares,
Mayberry Investments gained 10 cents to close at $5.40 with trades of 8,660 units. National Commercial Bank rose to $62.76, gaining $1.76 after trading 44,809 units, Pan Jamaican lost 5 cents, closing at $34.95 with an exchange of 16,070 shares, Portland JSX traded 4,000 units at $10.60, Pulse Investments closed at $7.50, gaining 50 cents with 12,285 shares changing hands, while Radio Jamaica gained 11 cents to close at $1.81 trading 34,902 units. Sagicor Group closed at $36.25 with trades of 37,239 units, Sagicor Real Estate fund closed 50 cents higher at $11 with 98,288 units changing hands. Scotia Group closed higher to $40.22 gaining 22 cents trading 2,450 shares, Seprod traded 8,782 shares at $41 for a loss of $4.10, Supreme Ventures closed at $6 with 265,951 shares traded. Proven Investments closed at 30 US cents trading 109,810 ordinary shares, JMMB 7.5% preference share closed at $1.71, with 368,000 shares traded and JMMB Group 7.5% preference share traded 23,484 units at $1.05.
Gains for JSE main market – Wednesday
February 22, 2017 by
Jamaica Producers closed at $15.10, losing $2.80 & is down from a high of $22 earlier this year.
Trading levels in main market ended at 2,551,901 units valued at $30,836,774 compared to 14,630,432 units, valued at $92,049,016 at the close on Tuesday. Trading in the US dollar market accounted for 9,768 units valued at US$3,077.
The All Jamaica Composite Index climbed 744.89 points to close at 255,197.40 the JSE Market Index moved higher by 666.06 points to finish 232,566.36 and the JSE US dollar market index rose 9.57 points, to close at 235.54.
In market activity, three stocks that became highly over-priced recently, continue to retreat from their excessive pricing levels. There remain room for further downward adjustments as the PE ratios are still well ahead of the market average. In trading, Berger Paints gained 4 cents to close at $11.80 with 21,925 units changing hands, Cable and Wireless closed at $1.38, up 5 cents trading 1,398,114 units, Caribbean Cement advanced 15 cents to close at $36.15 with trades of 16,062 shares, Carreras closed lower at $74 for a loss of $1 while 4,105 units changing hands. 1834 Investments gained 25 cents to close at $1.80 with an exchange of 1,000 shares, Grace Kennedy closed at $41 trading 79,906 units, Jamaica Broilers lost 35 cents to close at $14.50 with an exchange of 17,849 shares, Jamaica Producers closed at $15.10, losing $2.80 with 26,987 units changing ownership, the price peaked at $22 previously. Jamaica Stock Exchange price rose to a high of $13.50 in February, closed at $10, losing 50 cents with 143,060 shares crossing the exchange ticker, JMMB Group climbed $1.49 to $21.49 with an exchange of 124,820 units, Kingston Wharves that hit a peak of $34 in January, slid $1.80 on Wednesday in closing at $28.20 while trading 10,504 units.
Mayberry Investments lost 2 cents to close at $5.30 with 173,148 shares changing hands. National Commercial Bank closed lower at $61.50 with a loss of 50 cents, after swapping 78,916 units, 138 Student Living closed at $4.60 trading 17,254 shares. Pan Jamaican closed trading lower at $38.50 with a loss of $1.50 while exchanging 42,799 shares, Pulse Investments closed at $6.80 with 10,200 shares changing hands, Radio Jamaica added 1 cent to close at $1.86 trading 31,741 units. Sagicor Group gained 20 cents to close at $37.30 with trades of 144,110 units while Sagicor Real Estate fund lost 55 cents, closing at $10.45 with an exchange of 13,650 units. Scotia Group closed at $40.50 having traded 38,867 shares, Scotia Investments closed lower at $38, losing $2 trading 113,463 units, Seprod traded 1,000 units at $38.55 with gains of $5.95, Supreme Ventures closed 10 cents higher at $5.60 with an exchange of 26,455 shares. Proven Investments closed with gains of 1.5 US cents to 31.5 US cents trading 9,768 ordinary shares, Jamaica Money Market Brokers 7.5% preference closed at $2.06 with trades of 3,466 shares and JMMB Group 7.5% preference closed at $1.05 trading 12,500 units.
Main market pulled back on Tuesday
February 21, 2017 by
Carreras gained $1 to 52 weeks’ high of $75.
A large 12,000,000 units trade at $5 each, in 138 Student Living Preference share, led main market trading to amass 14,630,432 units, valued at $92,049,016 at the close. Trading in the US dollar market accounted for 85,076 units valued at over US$26,436.65 or J$3,383,891. The market indices fell moderately at the close of trading.
In market activity, Barita Investments closed at $6.85 trading 6,000 units, Berger Paints lost 13 cents to close at $11.76 with an exchange of 2,150 units, Cable and Wireless traded 412,138 shares to close at $1.33 for a loss of 2 cents, Caribbean Cement closed $3 higher to $36 with trades of 28,809 shares. Carreras advanced $1 to close at a 52 weeks’ high of $75, with an exchange of 2,843 units, 1834 Investments gained 5 cents to close at $1.55 with 21,031 shares changing hands, Grace Kennedy lost 67 cents to close at $41 with trades of 214,819 units, Jamaica Broilers closed lower at $14.85 with a loss of $1.40 trading 30,192 shares. Jamaica Producers closed with a loss of 10 cents to $17.90 with 13,688 units changing hands, Jamaica Stock Exchange gained 50 cents to close at $10.50 with 332,860 shares traded. JMMB Group declined $2.89 to close at $20 with an exchange of 284,397 units, Kingston Properties closed at $11 trading 3,045 shares,
Kingston Wharves slid $1, closing at $30 trading 3,910 units, Margaritaville Turks lost 1 US cent to close at 35 US cents with an exchange of 18,163 shares, Mayberry Investments lost 8 cents, closing at $5.32 with 18,223 shares changing hands, National Commercial Bank closed lower at $62, losing 80 cents, after swapping 42,384 units. Pan Jamaican closed trading at $40 with gains of 50 cents and an exchange of 35,650 shares, Portland JSX gained 5 cents to close at $11 trading just 240 units, Pulse Investments closed at $6.80 with 6,688 shares changing hands, Radio Jamaica lost 5 cents to close at $1.85 trading 272,339 units. Sagicor Group closed at $37.10, climbing $2.10 with trades of 62,195 units, Sagicor Real Estate fund lost 30 cents, to close at $11 with an exchange of 87,762 units. Scotia Group gained $1.50, closing higher at $40.50 having traded 27,020 shares, Scotia Investments closed at $40, with a fall of $1 while trading 5,825 units, Sterling Investments traded 5,000 shares at $16, for a gain of 35 cents, Supreme Ventures closed at $5.50 with an exchange of 209,312 shares. Proven Investments closed at 30 US cents trading 66,913 ordinary shares and JMMB Group 7.5% preference share fell 2 cents to close at $1.05 trading 501,812 units changing hands.
JSE main market sharp rise – Monday
February 20, 2017 by
C&W was Monday’s leading trade with the price rising at the close.
The All Jamaica Composite Index jumped 1,994.33 points to close at 255,338.83, the JSE Market Index climbed 1,783.28 points to finish at 232,692.82.
In market activity, Cable and Wireless was the dominant trade on Monday with gains of 8 cents, closing at $1.35 with 4,252,222 units trading, Barita Investments closed at $6.85 trading 8,000 units, Berger Paints gained 39 cents to close at $11.89 with an exchange of 6,644 units, Caribbean Cement closed at $33 trading 28,862 shares. 1834 Investments lost 30 cents to close at $1.50 with 179,616 shares changing hands, Grace Kennedy advanced 82 cents to $41.67 with an exchange of 139,325 units, Jamaica Broilers closed higher at $16.25 with gains of $1.75 trading 17,260 shares, Jamaica Producers closed with gains of 76 cents to $18 with 16,235 units changing hands, Jamaica Stock Exchange slid 80 cents to close at $10 with 88,704 shares traded. JMMB Group advanced $2.39, closing at a 52 weeks’ closing high of $22.89 with an exchange of 37,142 units, Kingston Wharves gained $2.48 to close at $31 trading 7,683 units, Margaritaville Turks added 1 US cent to close at 36 US cents trading 746 shares, National Commercial Bank closed higher at $62.80, gaining $1.80, after swapping 18,090 shares, 138 Student Living closed at $4.60 with gains of 10 cents and 50,000 shares changing hands. Pan Jamaican ended trading at $39.50, advancing 50 cents with an exchange of 6,900 shares,
Pulse Investments closed at $6.80 with 417 shares changing hands, Radio Jamaica closed at $1.90 trading 10,707 units. Sagicor Group closed lower at $35, losing 20 cents with trades of 102,185 units, while Sagicor Real Estate fund lost 20 cents to close at $11.30 with an exchange of 7,249 units. Scotia Group was down 10 cents, closing at $39 having traded 233,584 shares, Scotia Investments closed at $41, adding 1 cent trading 150 units, Supreme Ventures closed at $5.50 with an exchange of 35,482 shares, Proven Investments closed at 30 US cents, losing 2 US cents trading 51,537 ordinary shares, Jamaica Money Market Broker 7.5% preference share closed at $2.06 with 23,497 units changing hands and JMMB Group 7.5% preference share closed at $1.07 with trades of 100,000 units.
JSE main market inched up – Friday
February 17, 2017 by
Supreme Ventures traded the most shares on Friday.
The main and US dollar markets closed with 26 securities changing hands on a day with moderate volumes.
In market activity, Supreme Ventures was the dominant trade on Friday but the stock price fell to $5.50, losing 20 cents with 1,444,908 units trading. Barita Investments lost 67 cents to close at $6.85 trading just 350 units, Berger Paints closed at $11.50 with an exchange of 11,554 units, Cable and Wireless closed at $1.27 with a loss of 3 cents and 419,488 units changing hands, Caribbean Cement closed at $33 trading 15,715 shares. Carreras jumped $5 to close at a 52 weeks’ high of $74 trading a mere 1,090 units, 1834 Investments lost 20 cents, closing at $1.80 with 25,100 shares changing hands, Grace Kennedy closed at $40.85, losing 15 cents with an exchange of 117,428 units. Jamaica Broilers slid $1.50 to $14.50, trading 34,664 shares, Jamaica Producers lost 21 cents and closed at $17.24, down 28 percent from its 2017 high, with 306,833 units changing hands, Jamaica Stock Exchange gained 80 cents to close at $10.80 with 157,670 shares traded. JMMB Group advanced 50 cents, closing at a 52 weeks’ closing high of $20.50 with an exchange of 76,805 units, during the day the price hit an intraday high of $23. Kingston Properties traded 600 units at a 52 weeks’ high of $11 for a gain of $1, Kingston Wharves closed at $28.52 with a loss of $2.48 trading 3,450 units,
National Commercial Bank closed lower at $61, losing $2, after swapping 37,151 shares. Pan Jamaican ended trading at $39 with a loss of $1.75 and an exchange of 284,952 shares, Portland JSX gained 2 cents to close at $10.55 with an exchange of 5,500 shares, Pulse Investments closed at $6.80 with a loss of 10 cents and 3,030 shares changing hands, Radio Jamaica closed at $1.90 trading 161,234 units. Sagicor Group closed at $35.20, losing 37 cents with trades of 45,746 units, after it hit an intraday high of $38, Sagicor Real Estate fund closed at $11.50 with an exchange of 8,058 units. Scotia Group lost 40 cents to close at $39.10 having traded 21,400 shares, Proven Investments closed at 32 US cents trading 233,119 ordinary shares and JMMB Group 7.5% preference share lost 2 cents with trades of 167,612 units, to close at $1.07.
Jamaican stocks enjoy gains on Thursday
February 16, 2017 by
Stocks mostly gained at the close of trading on the Jamaican Stock Exchange on Thursday as 51 securities changed hands in the overall market, ending with 21 stocks rising and 17 falling. At the close 7 stocks gained and 6 declined from the junior market as 3 securities ending at new 52 weeks’ closing highs.
The All Jamaica Composite Index rose 358.25 points to close at 252,603.20, the JSE Market Index gained 320.34 points to finish at 230,246.68 and the JSE combined index lost 207.72 points, to close at 244,630.09.
At the close, 8,545,755 units valued at $87,407,183 changed hands, compared to 14,119,849 units valued at $235,690,329 changing hands on Wednesday. The junior market accounted for 5,009,146 units valued at over $29,141,927 of those trading.
The average trade for the day in the main market ended at 95,844 shares compared to an average of 237,979 units on Wednesday. For the month to date, an average of 154,517, shares compared to an average of 213,191 units up to the prior trading day. January ended with an average of 592,602 units.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 7 stocks with bids higher than their last selling prices and 5 with a lower offers.
In market activity, Barita Investments lost 38 cents to close at $7.52 trading 2,755 units, Berger Paints closed at $11.50, for a loss of 50 cents with 18,356 shares changing hands, Cable and Wireless gained 2 cents to close at $1.30 with an exchange of 809,255 units, Caribbean Cement closed at $33 trading 10,032 shares. Carreras closed at $69 with trades of 1,135 units, 1834 Investments lost 10 cents, closing at $2 with 168,582 shares changing hands, and Grace Kennedy closed at $41, gaining $1 with an exchange of 87,622 units. Jamaica Broilers closed $2 higher to $16 trading 20,237 shares, Jamaica Producers lost 55 cents and closed at $17.45 with 97,629 units changing hands, Jamaica Stock Exchange added 1 cent to close at $10 with 444,930 shares traded, JMMB Group advanced 50 cents, in closing at $20 with an exchange of 444,930 units. Kingston Wharves rose to $31 with a gain of $2.99 trading 30,200 units, Margaritaville Turks lost 4 cents and closed at 35 US cents trading 4,500 shares, Mayberry Investments lost 33 cents to close at $5.40 with 9,000 shares changing hands and National Commercial Bank closed at $63, losing $1, after exchanging 95,008 shares. 138 Student Living closed at $4.50 with 500,000 units traded, Pan Jamaican ended trading at $40.75 with a loss of 25 cents and an exchange of 67,789 shares,
Portland JSX gained 2 cents to close at $10.53 with an exchange of 4,000 shares. Pulse Investments closed at $6.90 with gains of 40 cents and 12,000 shares changing hands, Radio Jamaica lost 2 cents and closed at $1.90, trading 58,396 units, Sagicor Group climbed to a 52 weeks’ high of $35.57, gaining 57 cents with trades of 34,750 units, Sagicor Real Estate fund closed at $11.50 with an exchange of 45,615 units. Salada closed at $9.24 trading 2,990 shares, Scotia Group slid to $39.50 with a loss of $1.50 having traded 45,086 shares, Scotia Investments added 99 cents to close at $40.99 trading 11,500 shares. Supreme Ventures closed at $5.70, with trades of 92,605 units, Proven Investments closed at 32 US cents trading 355,925 ordinary shares and JMMB Group 7.5% preference share, lost 1 cent with trades of 178,840 units to close at $1.09.
More retreat for Jamaican stocks – Wednesday
February 15, 2017 by
Carreras climbed to a 52 weeks’ high of $69.
The market closed Wednesday, with 11 stocks gaining and 7 declining coming from the junior market as 5 securities ending at new 52 weeks’ closing highs.
The All Jamaica Composite Index dropped 1,229.08 points to close at 252,244.95, the JSE Market Index fell 1,099.01 points to finish at 229,926.34 and the JSE combined index lost 1,039.04 points, to close at 244,837.81.
At the close, 14,119,849 units valued at $235,690,329 changed hands, compared to 9,830,806 units valued at $174,930,678 changing hands on Tuesday. Of the stocks traded, the junior market accounted for 6,418,006 units valued at over $39,202,136.
The average trade for the day in the main market ended at 237,979 shares compared to an average of 210,760 units on Tuesday. For the month to date, an average of 213,191 shares compared to an average of 188,403 units up to the prior trading day. January ended with an average of 592,602 units.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 13 stocks with bids higher than their last selling prices and 2 with a lower offers.In market activity, Barita Investments lost 10 cents to close at $7.90 trading 2,835 units, Berger Paints closed at $12 with 7,273 shares changing hands, Cable and Wireless closed 1 cent lower to $1.28 with an exchange of 776,377 units, Caribbean Cement climbed to $33, gaining $2.70 trading 19,900 shares. Carreras closed higher by $1 to close at a 52 weeks’ high of $69, with 1,000 units traded, 1834 Investments lost 10 cents to close at $2.10 with trades of 27,610 shares, Grace Kennedy closed at $40, losing 50 cents with 203,000 units changing hands. Jamaica Broilers slid $2.15, closing at $14 trading 104,910 shares, Jamaica Producers closed at $18, losing $2.75 with 90,696 units changing hands, Jamaica Stock Exchange gained 49 cents to close at $9.99 with 178,875 shares traded, JMMB Group lost 5 cents to close at $19.50 with an exchange of 431,825 units. Kingston Wharves closed lower to $28.01 with a loss of $2.99 trading 1,397 units, Mayberry Investments closed at $5.73 with 8,343 shares changing hands and
PanJam Investment climbed $1 in trading on Wednesday.