JSE falls on Tuesday

August 16, 2016 by

NCB fell $1.25 to help the JSE indices fall .

NCB fell $1.25 to help the JSE indices fall .

The Jamaica Stock Exchange recorded losses in the two main indices at the end of trading on Tuesday. In the end, the prices of 17 securities gained out of a total of 41 securities that traded, with 15 declining in the overall market, including 8 stocks, rising and 4 falling from the junior market.
Trading closed with 6,763,382 units valued at $72,594,150 changing hands, in all market segments. The junior market accounted for 1,683,513 units, valued at $7,988,309 of all trades.
The JSE Market Index fell 164.30 points to end at 160,452.08, the all Jamaica Composite Index lost 183.75 points to close at 178,275.85 and a sharp rise in the prices of junior market stocks helped push the JSE combined index up by 687.44 points, to end at 171,793.95.
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 4 with lower offers.
JSE Sum 16-08-16At the end of market activities, Barita Investments lost 20 cents and ended trading 40,000 units, to close at $2.80, Berger Paints fell 16 cents in trading 8,500 units, to close at $5, Cable & Wireless traded 122,850 shares but gained 5 cents to close at $1.15, Caribbean Cement fell $1.49 in trading 7,350 shares to close at $25.51. Carreras rose 45 cents, in trading 171,221 shares to end at $65.50, the price of 1834 Investments gained 2 cents, in trading 62,658 shares, to end at $1.40, Grace Kennedy fell 50 cents and ended at $46 with 216,244 shares changing hands, Jamaica Broilers dropped 49 cents in trading 41,665 shares to end at $14.51. Jamaica Producers rose 10 cents to close at $8 with 6,971 units trading, Jamaica Stock Exchange had 42,200 units changing hands to close at $21.50, JMMB Group traded 2,537,927 units to end with a rise of 1 cent at $9.87. Kingston Wharves traded 8,200 shares to close at $15.55 after rising 45 cents, JSE fn qts 16-08-16Mayberry Investments gained 15 cents and ended with 10,086 shares trading to close at $4.10, National Commercial Bank had 62,942 units changing hands, to close at $40.25 after falling $1.25. Pan Jamaican Investments gained 10 cents to close at $25.30 after trading 50,062 shares, Radio Jamaica gained 5 cents to close at $1.70 after 59,429 shares changed hands, Sagicor Group fell 50 cents with 246,165 shares changing hands at $21, Sagicor Real Estate Fund traded 25,500 shares but lost 22 cents to close at $10. Scotia Group traded 11,402 shares to end at $29.01 after rising by 1 cent, Supreme Ventures closed at $4.70 with 1,232,612 shares changing hands, Proven Investments ordinary share traded 8,300 units at 19.97 US cents compared to 19.98 US cents on Monday and JMMB Group 7.50% preference share traded 87,835 units at $1.10.

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Scotia drops to $26.50 on JSE – Friday

August 12, 2016 by

Scotia Group dropped $2.95 to close at $27.10 on Friday.

Scotia Group dropped $2.95 to close at $27.10 on Friday.

The Jamaica Stock Market main market reversed the gains in the main market indices in the morning session, to post losses at the end of trading on Friday. At the end of trading with the prices of 17 securities gaining out of a total of 41 securities that traded, with 16 declining in the overall market, including 4 stocks, rising and 6 falling from the junior market.
The highlight for the day was a decline in Scotia Group that decline as low as $26.50 after trading as high as $30.50 earlier in the day and a new closing high For Grace Kennedy at $46.50.
Trading closed with a volume of 8,091,772 units valued at $189,128,218 changing hands, in all market segments. The junior market accounted for 1,111,273 units traded, valued at $85,439,536 of all trades.
The JSE Market Index slipped by 47.45 points to end at 160,085.33, the all Jamaica Composite Index declined by 53.06 points to close at 177,865.70 and the JSE combined index gained 241.72 points, to end at 171,437.37.
JSE Sum 12-08-16 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 3 with lower offers.
At the end of market activities, Barita Investments gained 30 cents and ended trading with 10,000 units, to close at $3, Berger Paints climbed 25 cents in trading 6,200 units, to close at $4.80. Cable & Wireless traded 3,489,351 shares but lost 15 cents to close at $1.15, after the company posted a higher loss, in the first quarter to June, compared with the 2015 quarter. Caribbean Cement jumped $1.99 and traded 40,612 shares to close at $27.99. Carreras climbed $1.27, in trading 4,658 shares to end at $66.27, the price of 1834 Investments fell 1 cent, in trading 11,417 shares, to end at $1.35, Grace Kennedy jump $3.50 and ended at a new 52 weeks’ closing high of $46.50 with 1,444,035 shares changing hands. Jamaica Broilers gained 54 cents in trading 80,032 shares to end at $15.54, Jamaica Producers gained 1 cent to close at $8.20 with 34,372 units trading, Jamaica Stock Exchange lost 50 cents with 107,756 units changing hands to close at $21.50, JMMB Group traded 4,701 units and rose 1 cent to end at $9.86. Mayberry Investments ended with 8,863 shares trading to close at $3.95 for a gain of 35 cents, JSE fn qts 12-08-16National Commercial Bank had 319,018 units changing hands, to close at $42 after falling 2 cents. Pan Jamaican Investments lost 20 cents and closed at $25.30 after trading 4,659 shares, Radio Jamaica rose 1 cent to close at $1.57 after 2,321 shares changed hands, Sagicor Group rose 45 cents with 45,612 shares changing hands at $21.45, Sagicor Real Estate Fund traded 15,000 shares but fell 22 cents to close at $10. Scotia Group traded 356,705 shares to end at $27.10 after dropping sharply by $2.95, Supreme Ventures loss 10 cents to $4.80 with 174,506 shares changing hands, JMMB Group 7.50% preference share traded 780,800 units at $1.10 and Jamaica Money Market Brokers 7.25% preference share traded 22,063 units at $2.40.

Filed Under: JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , ,

Volume up sharply on JSE – Thursday

August 11, 2016 by

The Jamaica Stock Exchange lost ground in early Thursday morning trading with a number of stocks trading high volumes. Leading with volume are Lasco JSE Intra - 11-08-16rManufacturing that traded 4,046,000 units at $5, Medical Disposables with 157,858 units at $3.50. Barita Investments traded 213,650 down to $2.50, Grace Kennedy had 303,578 shares trading at $41.68, Sterling Investments traded 395,000 units at $13 and JMMB Group 7.50% preference share traded 2,842,800 units at $1.10.
The market indices all fell in the main but inched up for junior markets, with 14 stocks gaining versus 11 that fell.
The all Jamaica Composite Index fell 690.47 points to 176,934.79 the Jamaica Stock Exchange Market Index dropped 617.40 points to 159,252.93 the Jamaica Stock Exchange combined index lost 538.03 points to close at 170,503.66 points and the junior market index rose 3.37 points to 2,220.72.
At 11 am 23 securities traded, resulting in a volume of 8,615,067 shares changing hands. The average number of shares traded amounts to 246,145 units compared to 29,387 units on Wednesday.

Filed Under: JSE Combined, Stock Market Tagged With: , , , , , , , , , ,

JSE stocks close down – Wednesday

August 10, 2016 by

Barita fell 23% to $2.55 on Wednesday.

Barita fell 23% to $2.55 on Wednesday.

The Jamaica Stock Market ended on Wednesday with prices of 14 securities gained out of a total of 41 securities that traded, with 16 declining in the overall market, including 7 stocks, rising and 6 falling from the junior market.
The market closed with a volume of 6,620,191 units valued at $189,128,218 changing hands, in all market segments. The junior market accounted for 496,276 units traded, valued at $3,940,720 of all trades.
The JSE Market Index fell 857.54 points to end at 159,870.33, the all Jamaica Composite Index dropped 959.02 points to close at 177,625.26 and the JSE combined index declined by 577.97 points, to end at 171,041.69.
JSE Sum 10-08-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 10 stocks with bids higher than their last selling prices and none with a lower offer.
At the end of market activities, Barita Investments dropped 75 cents and ended with 260,923 units traded, to close at $2.55, but the bid is at $2.70 to buy 50,000 units at the close. Cable & Wireless rose 4 cents in trading just 58,240 shares to close at $1.30, Caribbean Cement fell 50 cents in trading 28,605 shares to close at $26. Carreras lost 45 cents, in exchanging 11,755 shares to end at $66, Grace Kennedy closed at $41.67 with 104,170 shares changing hands, Jamaica Broilers traded 30,190 shares to end 1 cent higher at $15. Kingston Wharves lost 45 cents with 6,500 units changing hands and closed at $15.55, Mayberry Investments ended with 37,620 shares trading to close at $4 for a rise of 77 cents, National Commercial Bank had 2,001,602 units changing hands, to close at $42. JSE fn qts 10-08-16 Pan Jamaican traded 4,440 shares to end at $25.50, Radio Jamaica gained 5 cents to close at $1.65 after 20,800 shares changed hands, Sagicor Group rose 15 cents with 5,521 shares changing hands at $20.75, Sagicor Real Estate Fund lost 28 cents in trading 325,920 shares to close at $10.22. Scotia Group traded 2,909,713 shares to end at $30.02 after falling by 88 cents, Scotia Investments declined by 50 cents with 62,232 units changing hands at $26, Seprod traded 14,954 shares to gain 5 cents and close at $17.15, Supreme Ventures fell 30 cents to $4.80 with 42,771 shares changing hands. Proven Investments ended trading only 111 units to close at 15.10 US cents, down from 19.96 US cents and JMMB Group 7.50% preference share traded 184,000 units at $1.10.

Filed Under: JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , ,

Prices mostly down on JSE – Wednesday

August 10, 2016 by

The Jamaica Stock Exchange lost ground in early Wednesday morning trading as stocks traded mostly JSE Intra - 10-08-16rin low volumes, but Barita Investments traded 260,923 units but fell 75 cents to trade at $2.55.
Scotia Group had 143,139 shares changing hands but the price fell back to $30.10 from yesterday’s close of $30.90, Grace Kennedy with its 3 for 1 stock split has traded 52,754 units at yesterday’s close of $41.67, but has more than 250,000 units on offer at the current traded price bids are at $41.50.
The market indices all fell in the main and junior markets, with 6 stocks gaining versus 9 that fell.
The all Jamaica Composite Index fell 236.95 points to 178,347.33 the Jamaica Stock Exchange Market Index declined by 211.88 points to 160,515.99 the Jamaica Stock Exchange combined index lost 397.21 points to close at 171,222.45 points and the junior market index dropped 19.56 points to 2,176.59.
At 10:45 am 23 securities traded, resulting in a volume of 675,902 shares changing hands. The average number of shares traded amounts to 29,387 units compared to 25,083 units on Tuesday.

Filed Under: JSE Combined, Stock Market Tagged With: , , , , , , , , ,

Strong close for JSE stocks on Tuesday

August 9, 2016 by

Grace Kennedy hits 52 weeks' intraday high on Tuesday.

Grace Kennedy hits 52 weeks’ intraday high on Tuesday.

Grace Kennedy traded for the first time with the 3 for 1 stock split in effect on Tuesday. The stock traded at a new all-time high of $47.71 but closed back at the adjusted closing price on Monday of $41.67 with 16,372 units changing hands. At the close 289,050 units were offered to sell at $41.67. Elsewhere, Caribbean Cement rose 95 cents to close at $26.50 while trading 94,264 shares, Carreras jumped 93 cents with just 620 units trading to close $66.45, Jamaica producers fell 55 cents to end at $7.60 with 158,131 units changing hands, Jamaica Stock Exchange jumped $2.40 to $23.50 as 14,147 shares traded,
JSE Sum 9-08-16Kingston Wharves moved up by 45 cents to $16 with just 6,514 shares trading. Sagicor Group traded 14,346 units but fell 85 cents to $20.60, Scotia Group jumped 73 cents to $30.90 while 71,417 shares changed hands, Scotia Investments rose by 50 cents to $26.50 but just 4,395 units traded, Sterling fell 49 cents to $12.51 and Supreme Ventures climbed 58 cents to $5.10.
In the overall market the prices of 18 securities gained out of a total of 40 securities that traded, with 11 declining, including 5 stocks, rising and 1 falling from the junior market.
The market closed with an overall volume of 4,024,061 units valued at $45,104,460 changing hands, in all market segments. The junior market accounted for 956,421 units traded, valued at $4,918,989 of all trades.
JSE fn qts 9-08-16 The JSE Market Index rose 744.87 points to end at 160,727.87, the all Jamaica Composite Index inched up 833.02 points to close at 178,584.28 and the JSE combined index gained 714.49 points, to end at 171,619.66.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 9 stocks with bids higher than their last selling prices and 1 with a lower offer.
At the end of market activities, Barita Investments gained 25 cents and ended with 9,991 units traded, to close at $3.30, Cable & Wireless traded just 7,500 shares to close at $1.26, Proven Investments ended trading 420,975 units to close at 19.96 US cents and JMMB Group 7.50% preference share traded 1,921,100 units at $1.10.

Filed Under: JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , ,

Purity at new high on JSE – Tuesday

August 9, 2016 by

Consolidated Bakeries with its Purity brand trade a small volume at a new all-time high of $2.55, while Barita Investments fresh from releasing nine months results, showing good gains over 2015 rose 25 cents to trade at $3.30. JSE Intra - 9-08-16 Trading, however, on the Jamaica Stock Exchange on Tuesday morning, remains light with no stock trading over 100,000 shares but all major indices rose.
Grace Kennedy traded after 10:30 AM with 5,100 units at $47.71 with a gain of $7.71, after trading ex stock split for the first time. The stock split into 3 shares for each one that previously existed. The market indices all rose moderately in the main and junior markets, with 9 stocks gaining versus 4 that fell. The price gain for Grace help push teh main Market Indices up over 1,000 points.
The all Jamaica Composite Index rose 242.94 points to 177,994.20 the Jamaica Stock Exchange Market Index climbed 217.24 points to 160,200.24 the Jamaica Stock Exchange combined index gained 266.13 points to close at 171,171.30 points and the junior market index gained 6.29 points to 2,200.15.
At 10:30 am 23 securities traded, resulting in a volume of 576,918 shares changing hands. The average number of shares traded amounts to 25,083 units compared to 364,405 units on Monday.

Filed Under: JSE Combined, Stock Market Tagged With:

Moderate trading hits JSE – Tuesday

June 28, 2016 by

Kingston Wharves traded at a new high of $14 on Tuesday.

Kingston Wharves traded at a new high of $14 on Tuesday.

Trading on the Jamaica stock market on Tuesday was a moderate 2,348,571 units valued at just $25,384,047 in all market segments. The market indices lost ground at the close, with 33 securities trading and the prices of 11 stocks market rising, 11 declined, including 3 stocks rising and 2 declining from the junior market. Two stocks closed at new highs and one closed at a new low.
The junior market accounted for 829,809 shares valued at $2,684,479 of all trades.
The JSE Market Index slipped 237.38 points to end at 159,565.11. The all Jamaica Composite Index fell 265.49 points to close at 177,283.86 and the JSE combined index dipped 612.10 points, to end at 170,247.51.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the JSE sum 28-6-16Investor’s Choice bid-offer indicator reading showed 14 stocks with bids higher than their last selling prices and 5 with lower offers.
At the end of market activities, Barita Investments lost 8 cents to close with 288,042 shares changing hands at $3, Berger Paints ended at $4.50 while 3,274 units were traded, Cable & Wireless dropped 4 cents with 48,800 units traded to close at $1.25, Caribbean Cement declined by 50 cents to close at $22.50 after trading 39,312 units. 1834 Investments traded 110,958 shares but rose 2 cents to close at $1.02, Grace Kennedy added $1.15 to close at $124.25 with 17,283 units changing hands, Jamaica Broilers ended with 168,743 units changing hands to close at $14.50. Jamaica Stock Exchange gained $1.20 with 5,000 shares changing hands at $22, JMMB Group traded 17,855 units to close at $9.72. Kingston Wharves traded 12,100 units and gained 50 cents to close at a 52 weeks’ closing high of $14, Montego Bay Ice jumped $3.73 to a new 52 weeks’ high of $18.63 but only 200 shares were traded. A trade for 94,100 units executed by Stocks and Securities at $20, was cancelled in the morning session as the price exceeded the 30 percent price movement limited permitted for one day.JSE mm fn qts 28-6-16 National Commercial Bank ended with only 2,710 units changing hands at $42.01, Pan Jamaican Investment Trust fell 45 cents and closed with 6,755 shares trading at $26. Pulse Investments closed with 3,000 shares changing hands at $2.55, Sagicor Group ended with 4,500 shares changing hands at $23.01 after adding 1 cent to the price. Sagicor Real Estate Fund traded 129,243 shares to close at $10.15, Scotia Group had 19,118 shares changing hands to close at $30.80, Scotia Investments ended with 8,055 shares trading to close at $26. Supreme Ventures ended trading with 31,000 units at $4.54 with a gain of 5 cents and Proven Investments traded 765,000 units at 15.1 US cents, after falling from 15.29 US cents previously.

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JSE majors ends week with a fall – Monday

June 27, 2016 by

Carreras climbed $3 to close at $66.50 on Monday.

Carreras climbed $3 to close at $66.50 on Monday.

The Jamaica stock market gained ground at the start of the week, with 34 securities trading and the prices of 15 stocks market rising in the overall, 12 declined, including 3 stocks rising and 2 declining, from the junior market. Stocks traded, amount to 13,851,069 units valued at $206,439,477, in all market segments with the junior market accounting for to 3,510,504 shares valued at $ 14,348,452 of all trades.
The JSE Market Index rose 344.86 points to end at 159,802.49. The all Jamaica Composite Index advanced 385.69 points to close at 177,549.35 and the JSE combined index gained 216.35 points, to end at 170,859.61.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 10 stocks with bids higher than their last selling prices and 4 with lower offers. JSE sum 27-6-16At the end of market activities, Barita Investments gained 3 cents to close with 4,545,322 shares changing hands at $3.08, Berger Paints gained 15 cents to end at $4.50 while 21,726 units were traded, Cable & Wireless rose 9 cents with 39,140 units traded to close at $1.29, Caribbean Cement jumped $1.39 to close at $23 after trading 5,000 units. Carreras surged $3 to $66.50 with 44,656 shares traded, 1834 Investments traded 60,000 shares but lost 2 cents to close at $1, Grace Kennedy lost $1.87 to close at $123.10 with 440,788 units changing hands. Jamaica Broilers ended with a rise of 27 cents with 168,743 units changing hands to close at $14.50, Jamaica Producers traded 13,353 shares changing hands to close at $49, JMMB Group traded 4,503 units but lost 8 cents to close at $9.72. Kingston Wharves traded 7, 463 units and gained 20 cents to close at a 52 weeks’ closing high of $13.50, National Commercial Bank ended with 45,681 units changing hands at $42.01, up 1 cent, JSE mm fn qts 27-6-16 Pan Jamaican Investment Trust rose 45 cents and closed with 3,600 shares trading at $26. Pulse Investments fell 44 cents to close with 3,000 shares changing hands at $2.55,Radio Jamaica lost 17 cents in trading 20,000 shares to close at $1.68, Sagicor Group ended with 4,796,270 shares changing hands at $23. Sagicor Real Estate Fund traded 29,763 shares to close with a rise of 3 cents at $10.15, Scotia Group had 13,762 shares changing hands but rose 19 cents to close at $30.80, Scotia Investments ended with 31,800 shares trading and falling 45 cents, to close at $26. Supreme Ventures ended trading with 15,500 units at $4.49 with a gain of 9 cents and JMMB Group 6% US dollar preference share traded 18,580 units at US$1.05, after falling 10 cents.

Filed Under: JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , ,

JSE majors end week with a fall – Friday

June 24, 2016 by

JSE frnt 12-15 The Jamaica stock market lost ground at the close of the week, with 36 securities trading and the prices of 10 stocks in the overall market rising, 17 declined, including 2 stocks rising and 7 declining, from the junior market. Stocks traded, amount to 5,971,908 units valued at $103,125,401, in all market segments with the junior market accounting for to 1,686,917 shares valued at $7,442,746 of all trades.
The JSE Market Index lost 391.79 points to end at 159,457.63. The all Jamaica Composite Index declined 438.17 points to close at 177,163.66 and the JSE combined index slipped 364.48 points, to end at 170,643.26.
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 4 with lower offers.
JSE sum 24-6-16At the end of market activities, Barita Investments lost 3 cents to close with 10,000 shares changing hands at $3.05, Berger Paints gained 30 cents to land at $4.35 while 3,799 units were traded, Cable & Wireless, had 749,037 units traded to close at $1.20, Caribbean Cement slipped 39 cents to close at $21.61 after trading 251,750 units. Carreras closed with a loss of 55 cents at $63.50 with 101,010 shares traded, Ciboney Group gained 5 cents to close at 25 cents with 531,720 shares trading, Grace Kennedy lost 3 cents to close at $124.97 with 386,164 units changing hands. Jamaica Broilers ended with a loss of 27 cents with 425,810 units changing hands to close at $14.23, The Jamaica Stock Exchange traded 108,510 share with increased investors’ interest in the stock following reports that the company could be considering a stock split, the stock gained 5 cents to close at $20.80, with the bid closing at $21. JMMB Group traded 257,114 units to close at $9.80. JSE mm fn qts 24-6-16National Commercial Bank ended with 73,282 units changing hands at $42, Pan Jamaican Investment Trust closed with 6,602 shares trading at $26. Sagicor Group ended with 657,784 shares changing hands at $23, Sagicor Real Estate Fund traded 2,400 shares to close with a loss of 2 cents at $10.12. Scotia Group had 12,910 shares changing hands but lost 89 cents to close at $30.61, Scotia Investments ended with 14,500 shares trading, gaining of 45 cents, to close at $26.45, Seprod traded 55,679 shares, but fell 5 cents, to $16.50. Supreme Ventures ended trading with 11,400 units at $4.40 with a loss of 10 cents and Proven Investments 8% preference share traded 600,000 units at $5, after adding 20 cents.

Filed Under: JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , ,