Lasco Manufacturing with 368,596 shares trading at $5.05, is the leading volume trade in the early Monday morning session, on the Jamaica Stock Exchange, followed by Proven Investments
with 257,000 units with the price dropping to a 52 weeks’ low of 15.02 US cents, down from 17 cents at the close on Friday. 1834 Investments chipped in with 96,000 shares at $1.01.
The session had low volumes trading overall with less securities trading after 75 minutes of the market’s opening compared to Friday morning as the various indices declined across the board.
Market activity resulted in 23 securities changing hands, accounting for a volume of 921,863 shares 9 stocks gained and 7 declined. The average number of shares traded amounts to 40,081 units compared to an average of 77,695 units on Thursday.
The all Jamaica Composite Index dropped 482.38 points to 178,968.19, the Jamaica Stock Exchange Market Index fell 431.32 points to 161,071.14, the Jamaica Stock Exchange combined index declined by 415.83 to close at 172,122.84 points andthe junior market index slipped 1.56 points to 2,214.08.
Proven hits 52 weeks’ low
JSE ends June negatively – Thursday
Two stocks closed at new highs. The junior market accounted for 383,501 shares valued at $1,786,848 of all trades.
The JSE Market Index fell 480.10 points to end at 159,717.44. The all Jamaica Composite Index lost 536.94 points to close at 177,454.23 and the JSE combined index slip 261.15 points, to end at 170,807.02.
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 6 with lower offers.At the end of market activities, Berger Paints lost 15 cents and ended at $4.30 while 11,081 units were traded, Cable & Wireless dropped 6 cents with 23,024 units traded to close at $1.18, Caribbean Cement jumped $2.40 to close at $24 after trading 407,370 units. Carreras traded 14,142 shares but slipped $1.10 to $65.40. Ciboney gained 1 cent while trading at 21 cents with 140,000 shares changing hands, 1834 Investments traded 221,434 shares to close at $1, Grace Kennedy closed at $123 with 62,637 units changing hands, Jamaica Broilers ended with 233,400 units changing hands and gained 53 cents to close at $14.75. Jamaica Producers traded 63,690 units after losing $1.10 to end at $47.99, Jamaica Stock Exchange jumped $3 to end at 52 weeks’ high of $25 while trading 3,000 shares, JMMB Group dropped 11 cents in trading 14,600 units to close at $9.72. Kingston Wharves traded 501,315 units and declined by $2.10 to close at $13.90, Mayberry Investments closed with 449,880 shares changing hands at $3.52, National Commercial Bank ended with 12,280 units changing hands with a rise of 98 cents to $43, Pan Jamaican Investment Trust gained 50 cents and traded 20,920 shares to close at $26.
Pulse Investments lost 1 cent to close at $2.54 with 14,985 shares changing hands, Radio Jamaica rose 23 cents to close with 5,899 shares changing hands at $1.63, Sagicor Group ended with 17,464 shares changing hands at $23.03, Sagicor Real Estate Fund traded 780,642 shares but fell by 3 cents to close at $10.12. Scotia Investments dropped $1.40 with 3,000 shares trading to close at $26, Supreme Ventures ended trading, with 28,302 units trading with a loss of 1 cent at $4.53. Proven Investments traded 25,174 units at 17 US cents, Proven Investments 8% preference share traded 11,300 shares at $5.
JSE rises with moderate trades – Wednesday
Two stocks closed at new highs and one in the junior market hitting a new intraday high. The junior market accounted for 1,318,717 shares valued at $3,968,524 of all trades.
The JSE Market Index climbed 632.43 points to end at 160,197.54. The all Jamaica Composite Index gained 707.31 points to close at 177,991.17 and the JSE combined index jumped 820.66 points, to end at 171,068.17.
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, Berger Paints lost 5 cents and ended at $4.45 while 3,000 units were traded, Cable & Wireless dropped 1 cent with 320,996 units traded to close at $1.24, Caribbean Cement declined by 90 cents to close at $21.60 after trading 11,092 units. 1834 Investments traded 59,839 shares but lost 2 cents to close at $1, Grace Kennedy shed $1.25 to close at $123 with 11,639 units changing hands, Jamaica Broilers ended with 5,007 units changing hands, lost 28 cents to close at $14.22, JMMB Group gained 11 cents in trading 24,219 units to close at $9.83. Kingston Wharves traded 1,300 units and gained $2 to close at a 52 weeks’ closing high of $16, Montego Bay Ice jumped $1.37 to a new 52 weeks’ high of $20 with 195,400 shares were traded. National Commercial Bank ended with 17,150 units changing hands with a 1 cent gain to $42.02 at the close, 138 Student Living traded 500,000 shares with a loss of 1 cent at $4.50,
Pan Jamaican Investment Trust fell 50 cents and closed with 321,590 shares trading at $25.50. Radio Jamaica lost 28 cents and closed with 73,338 shares changing hands at $1.40, Sagicor Group ended with 42,432 shares changing hands at $23.03 after adding 2 cents, Sagicor Real Estate Fund traded 71,501 shares to close at $10.15. Scotia Group had 116,189 shares changing hands to close with a slip of 2 cents to $30.78, Scotia Investments jumped $1.40 with 16,459 shares trading to close at $27.40, Supreme Ventures ended trading, with 51,736 units at $4.54. JMMB Group 7.5% preference share traded 2,134,200 units with a rise of 2 cents at $1.05 and JMMB Group 7.25% preference share traded 17,800 shares at $2.45.
JSE down in early trading
Trading, early Tuesday morning on the Jamaica Stock Exchange continues the slow pace evident for early summer month with moderate volumes with few stocks trading over 100,000 shares. After 75 minutes of trading in the early morning session, on Tuesday, the main market indices gave up ground while the junior market gained moderately.
Only three stocks trade over 100,000 units, with 1834 Investments trading 110,958 shares at $1.02, Proven Investments 262,000 ordinary shares at 17.98 US cents, Sagicor Real Estate X Fund traded 126,843 but fell 3 cents to $10.12.
Grace Kennedy jumped $1.40 to $124.50, Montego Bay Ice jumped $2.60 to $17.50 and Scotia Investments climbed $1.70 to $27.70.
Trading resulted in activity in 23 securities, accounting for a volume of 652,351 shares compared to as 7 stocks gained and 6 declined. The average number of shares traded amounts to 28,363 units compared to an average of 83,135 units on Monday.
The all Jamaica Composite Index fell 105.04 points to 177,444.31, the Jamaica Stock Exchange Market Index dipped 93.92 points to 159,708.57 the Jamaica Stock Exchange combined index fell 63.58 to close at 170,778.93 points andthe junior market index rose 2.28 points to 2,207.89.
JSE drops again on Wednesday
Scotia Group dominated trading in the main market with 2,314,908 shares changing hands with the price gaining $1.05 to close at $31.80, while Grace Kennedy closed at a new 52 weeks’ high of $125.05 as investors bought 8,410 units at 5 cents more than the closing price on Tuesday.
Stocks traded, amount to 9,425,498 units valued at $122,022,748, in all market segments with the junior market accounting for to 4,960,144 shares valued at $25,785,964 of all trades.
The JSE Market Index fell 682.71 points to end at 158,912.91. The all Jamaica Composite Index dropped 763.53 points to close at 176,554.45 and the JSE combined index declined 737.78 points, to end at 170,411.56.
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 2 with lower offers.At the end of market activities, Berger Paints dropped 45 cents to close with 95,404 shares changing hands at $4.05, Cable & Wireless, lost 15 cents with 372,926 units traded to close at $1.15, Caribbean Cement dropped $2.90 to close at $19.10 after trading 7,375 units. The price of 1834 Investments fell 5 cents in trading 73,414 units at $1, Jamaica Broilers dropped 25 cents with 545,162 units changing hands, to close at $14.50. Jamaica Producers traded 25,435 shares at $49, Jamaica Stock Exchange traded 31,150 shares unchanged at $19, JMMB Group traded 230,000 units to close at $9.80. Mayberry Investments had 12,239 units trading with a gain of 33 cents at $3.85,
National Commercial Bank ended with 28,370 units changing hands at $42.10, for a rise of 30 cents, Pan Jamaican Investment Trust closed with 209,603 shares trading, as the price fell $1.40 cents to $26. Radio Jamaica had 140,504 shares trading at $1.50, Sagicor Group ended with 27,339 shares changing hands at $23, Sagicor Real Estate Fund traded 10,422 shares and rose 2 cents to close at $10.14. Salad Foods traded 90,000 shares at $8, Scotia Investments traded 12,000 shares but rose 50 cents to close at $26, Supreme Ventures ended trading with 133,313 units at $4.50, after falling 25 cents and Proven Investments ordinary share traded 40,871 units at 18 US cents.
JSE drops sharply on Tuesday
National Commercial Bank closed with 1,327,563 shares changing hands, the price fell by 20 cents to close at $41.80, Grace Kennedy chipped in with 253,791 units, with the price jumping $9, to close back at $125 and Jamaica Producers traded at a new 52 weeks’ high of $49, after rising by $1 with 17,253 shares changing hands.
Stocks traded amount to 3,512,857 units valued at $109,817,045, in all market segments with the junior market accounting for to 1,016,398 units valued at $4,845,689 of all trades.
The JSE Market Index dived 1,245.08 points to end at 159,595.62. The all Jamaica Composite Index dropped 1,392.49 points to close at 177,317.98 and the JSE combined index declined 1,133.47 points, to end at 171,149.34.
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 3 with lower offers.At the end of market activities, Berger Paints closed with 13,940 shares changing hands at $4.50, Cable & Wireless, lost 5 cent with 44,750 units traded to close at $1.30, Caribbean Cement gained 80 cents to close at $22 after trading 54,300 units, Carreras fell 1 cent in trading 2,400 shares and closed at $62.80. The price of 1834 Investments fell 11 cents in trading 11,900 units at $1.05, Jamaica Broilers gained 25 cents with 11,243 units changing hands, to close at $14.75. JMMB Group traded 12,445 units to close at $9.80. Pan Jamaican Investment Trust
closed with just 189 shares trading, as the price rose by 40 cents to $27.40, Radio Jamaica had 80,100 shares trading but fell 24 cents to $1.50, Sagicor Group ended with 287,712 shares changing hands after declining 1 cent to $23, Sagicor Real Estate Fund traded 38,550 shares and lost 3 cents to close at $10.12. Scotia Group rose 64 cents with 207,786 units trading to close at $30.75, Scotia Investments traded 12,600 shares but fell 50 cents to close at $25.50, Supreme Ventures ended trading with 36,902 units at $4.75, Proven Investments ordinary share traded 47,680 units at 18 US cents after slipping by 1.47 US cents and JMMB 7.5% preference share traded 29,000 units at $1.04 for a 1 cent rise.
JSE jumps higher on Monday
Stocks traded amount to 9,084,743 units valued at $145,603,514, in all market segments with the junior market accounting for 775,816 shares, valued at $4,015,547 of all trades.
The market closed with prices of 10 stocks in the overall market rising, 12 declining, including 3 stocks rising and 2 declining, from the junior market.
The JSE Market Index gained 1,108.10 points to end at 160,840.70. The all Jamaica Composite Index rose 1,239.29 points to close at 178,710.47 and the JSE combined index climbed 978.39 points, to end at 172,282.81.IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 11 stocks with bids higher than their last selling prices and 6 with lower offers.
At the end of market activities, demand for Caribbean Cement has melted away as the price of oil on the world market heats up, with the stock price falling 80 cents to close at $21.20 after trading just 2,965 units. Bids for Cement are few with only 13,000 units being bought down to $19. Carreras added 1 cent in trading 33,000 shares and closed at $62.81. The price of 1834 Investments fell 4 cents in trading 77,834 units at $1.16, Jamaica Broilers traded 12,880 units changing hands to close at $14.50, Jamaica Producers traded 10,266 shares at $48, Jamaica Stock Exchange lost $1.02 in trading 2,000 shares to close at $19, JMMB Group declined by 20 cents in trading 109,800 units to close at $9.80.
National Commercial Bank closed with 304,003 shares changing hands at $42, Radio Jamaica had 78,200 shares trading but fell 11 cents to $1.74, Sagicor Group ended with 265,658 shares changing hands after rising 11 cents to $23.01, Sagicor Real Estate Fund traded 38,950 shares and gained 5 cents to close at $10.15. Scotia Group with 274,855 units to close at $30.11, Scotia Investments traded 27,072 shares and gained $1 to close at $26 and Supreme Ventures lost just 1 cent in trading 164,840 units at $4.75.











