The Jamaica Stock Exchange market main market indices fell in Thursday morning while the junior market index rose with volume increasing over Wednesday’s levels.
The all Jamaica Composite Index dropped 233.27 points to 185,818.56 the Jamaica Stock Exchange Market Index fell 208.58 points to 167,196.62, the Jamaica Stock Exchange combined index slipped 9.50 points to close at 179,837.16 and the junior market index rose 17.90 points to 2,421.24.
At 10.45 am, a total of 28 securities traded, resulting in a volume of 1,933,234 shares changing hands carrying a value of $12,769,849, compared to 1,599,416 shares changing hands carrying a value of $10,753,662 on Wednesday.
The average number of shares traded amounts to 69,044 units compared to 72,701 on Wednesday. Market activity resulted in 10 stocks falling while the prices of 12 securities rose.
Caribbean Cement dropped $3 in early trading with 30,000 units at $30, but recovered back to $33 after trading 5,000 more units, JMMB Group fell from $14.98 on Wednesday to $13.50 while trading 3,000 units, Scotia Investments jumped to $34 from $30 while trading 26,000 units, Caribbean Cream Traded 260,866 units and last traded at $9.90 but went as high as $10.19, Honey Bun traded 1 million shares but lost ground to $5.51, down 49 cents but the bid is now at $5.70.
Majors drop juniors gain
JSE majors drop sharply
The Jamaica Stock Exchange market stocks indices fell in Wednesday morning with big fall in the main market indices trading with volume increasing over Tuesday’s levels.
The all Jamaica Composite Index dropped 2150.07 points to 185,347.93 the Jamaica Stock Exchange Market Index dived 1,922.55 points to 166,775.78, the Jamaica Stock Exchange combined index slipped 1,858.71 points to close at 179,394.69 and the junior market index dipped 7.37 points to 2,407.16.
At 10.45 am, a total of 22 securities traded, resulting in a volume of 1,599,416 shares changing hands carrying a value of $10,753,662, compared to 2,592,474 shares changing hands carrying a value of $31,641,641 on Tuesday.
The average number of shares traded amounts to 72,701 units compared to 92,588 on Tuesday. Market activity resulted in 6 stocks falling while the prices of 9 securities rose.
JMMB Group traded 56,992 units and lost $1.50 to trade at $13.50, Scotia Investments jumped to $34 from $30 while trading 26,000 units, Blue Power Group pulled back from $28 that it closed at on Tuesday to $23.50 on small volume and Lasco Financial Services dropped to $2.80 from $3.20.
Jamaica Money Market Brokers 7.50% preference share had 355,130 units trading at $2.10, Caribbean Flavours & Fragrances traded 820,700 and rose to $8.60 from $8, Cable & Wireless traded 103,300 units at 98 cents.
JSE shares fall in early trading – Tuesday
The Jamaica Stock Exchange market stocks indices fell in Tuesday morning trading with volume increasing over Monday’s levels.
At 10.55 am, a total of 28 securities traded, resulting in a volume of 2,592,474 shares changing hands carrying a value of $31,641,641, compared to 621,667 shares changing hands carrying a value of $3,693,105 on Monday.
The average number of shares traded amounts to 92,588 units compared to 28,258 on Monday. Market activity resulted in 10 stocks falling while the prices of 5 securities rose.
Cable & Wireless traded 103,300 units at 98 cents, JMMB Group 7.50% preference shares had 442,000 units at $1.10, Radio Jamaica 105,595 shares at $1.55, Sagicor Group traded 1,006,427 shares at $23.82, Caribbean Cream traded 55,000 at $9.45, Lasco Distributors had 203,221 shares traded at $7 after losing 89 cents and Lasco Financial Services had 301,293 units changing hands at $3.20.
The all Jamaica Composite Index fell 211.65 points to 186,202.76 the Jamaica Stock Exchange Market Index fell 189.25 points to 167,540.16, the Jamaica Stock Exchange combined index slipped 682.12 points to close at 180,322.46 and the junior market index dived 49.31 points to 2,428.47.
Declining stocks hold upper hand – Thursday
The Jamaica Stock Exchange made some modest gains on Thursday with trading closed with 44 securities trading as the prices of 12 gained while 14 declined in the overall market, including 4 stocks rising and 4 falling, in the junior market.
At the close 6,736,290 units valued at $26,904,029, changed hands, compared to 4,936,602 units valued at $80,553,639 changing hands on Wednesday. The junior market accounted for 1,753,530 units valued at $7,158,594 of the stocks traded.
At the close, the JSE Market Index rose 155.60 points to end at 166,601.28. The all Jamaica Composite Index close higher by 174.02 points to close at 185,152.77 and the JSE combined index rose 254.44 points, to end at 179,602.60.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 10 stocks with bids higher than their last selling prices and 3 with lower offers. 
In market activity, Barita Investments traded 203,167 shares and gained 49 cents and close at $4.59, but with a small amount trading at the closing price and with the average price at $4.01, Cable & Wireless gained 6 cents to close at 96 cents with 170,464 units trading, Caribbean Cement rose 20 cents in trading 6,992 shares to close at $30.70. Carreras gained 3 cents with 918 shares changing hands at $65.03, trading in 1834 Investments ended with 24,000 shares changing hands to close at $1.24, Grace Kennedy closed with 69,734 shares changing hands at $42 after falling 45 cents, Jamaica Producers ended with 991 shares changing hands to close at $8.40. Jamaica Stock Exchange lost 40 cents and ended at $27 while trading 31,435 shares, JMMB Group climbed 54 cents in trading 111,604 units to close at a 52 weeks’ high of $14.55,
Kingston Properties lost 12 cents in closing at $9 with 14,000 shares changing hands, Kingston Wharves lost 45 cents in trading 26,495 shares to close at $17.05. Mayberry Investments traded 8,619 shares to close with a loss of 20 cents at $3.50, National Commercial Bank traded 7,764 shares and declined 40 cents to end at $41.60, Pan Jamaican Investments gained 10 cents and closed at $23.50 after trading 7,800 shares. Portland JSX traded 6,435 shares and fell 30 cents to $11. Radio Jamaica lost 5 cents in trading 101,020 shares to close at $1.65, Sagicor Group traded 56,722 shares and rose by 4 cents to end at $23.85, Scotia Group closed at $30.01 with 173,539 shares changing hands. Scotia Investments had 2,000 units changing hands to close at $30, Supreme Ventures closed at $4.80 with 49,928 shares, JMMB Group 7.50% preference share traded 3,426,600 units after falling 9 cents to end at $1.10 and Jamaica Money Market Brokers 7.50% preference share traded 473,670 units at $2.10.
Stocks ended trading on the Jamaica Stock Exchange with the main market closing with a gain of 11 percent year to date, the market indices dropped more than 1,293 points. The market closed with 38 securities trading as the prices of 16 gained while 11 declined in the overall market, including 4 stocks rising and 5 falling, in the junior market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 8 stocks with bids higher than their last selling prices and 3 with a lower offer.
Kingston Wharves lost 45 cents in trading 22,970 shares to close at $17.50, Mayberry Investments traded 3,943 shares to close with a gain 10 cents at $3.50, National Commercial Bank traded 728,535 shares and gained 25 cents to end at $42.40, Pan Jamaican Investments rose 30 cents to close at $23.30 after trading 421,985 shares. Portland JSX traded 3,334,455 units with the price rising by 9 cents to end at $11.06, Sagicor Group gained 15 cents in trading 178,182 shares to end at $24, Scotia Group gained 19 cents to close at $30.20 with 486,698 shares changing hands. Scotia Investments had 476,900 units changing hands to close at $30, Seprod traded 12,010 shares to close at $23.50, Supreme Ventures lost 1 cent and closed at $4.79 with 45,090 shares changing. Proven Investments closed at 20 US cents with 20,300 shares trading and Jamaica Money Market Brokers 7.5% preference share gained 1 cent in trading 355,130 units at $2.10.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 12 stocks with bids higher than their last selling prices and 1 with a lower offer.
JMMB Group dropped 50 cents in trading 165,027 units to close at $15, Kingston Wharves traded 900 shares to close at $17.50. Mayberry Investments traded 16,900 shares to close with a loss of 20 cents at $3.40, National Commercial Bank traded 9,273 shares and lost 15 cents to end at $42.15, Pan Jamaican Investments lost 30 cents to close at $23 after trading 880 shares. Radio Jamaica fell 10 cents in trading 184,584 shares to close at $1.45, Sagicor Group gained 15 cents in trading 7,146,264 shares to end at $24, Sagicor Real Estate Fund traded 14,041 shares to close at $10.18, Scotia Group dropped 49 cents to close at $30.01 with 635,978 shares changing hands. Scotia Investments had 3,000 units changing hands to close at $30, with a gain of $3, Seprod traded 14,003 shares to close with a gain of 90 cents at a 52 weeks’ high of $23.50. Proven Investments closed at 19.99 US cents with 176,589 shares trading, JMMB Group 7.50% preference share traded 442,000 units at $1.10 and Jamaica Money Market Brokers 7.25% preference share traded 20,000 units at $2.40.

IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 15 stocks with bids higher than their last selling prices and 3 with lower offers.
JMMB Group jumped 99 cents in trading 177,324 units to close at 52 weeks’ high of $15.51, Kingston Wharves traded 1,585 shares to close at $17.50. Mayberry Investments traded 200,000 shares to close at $3.60, National Commercial Bank traded 400 shares and rose 5 cents to end at $42.30, Pan Jamaican Investments lost 10 cents to close at $23.30 after trading 2,600 shares. Radio Jamaica fell 15 cents in trading 71,572 shares to close at $1.55, Sagicor Group traded 3,000 shares to end at $23.85, Sagicor Real Estate Fund traded 12,981 shares to close at $10.18, Scotia Group dropped $1.69 to close at $30.50 with 17,118 shares changing hands. Scotia Investments had 62,948 units changing hands to close at $30, with a gain of $3, Supreme Ventures traded 101,166 shares to close with a loss of 10 cents at $4.70 and Proven Investments closed at 19.99 US cents with 155,700 shares trading.

IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 11 stocks with bids higher than their last selling prices and 4 with lower offers.
National Commercial Bank traded 15,699 shares and rose 65 cents to end at $42.25, trading in 138 Student Living ended with shares trading with a gain of 20 cents at $4.70, Pan Jamaican Investments lost 10 cents to close at $23.40 after trading 17,780 shares. Radio Jamaica rose 5 cents in trading 10,000 shares to close at $1.70, Sagicor Group traded 115,109 shares to end at $23.85, Sagicor Real Estate Fund traded 19,374 shares to close at $10.18 with a rise of 6 cents, Scotia Group jumped $2.18 to close at $32.19 with 737,828 shares changing hands. Scotia Investments had 1,992 units changing hands to close at $27, with a fall of $3, Seprod traded 100,00 shares to close with a gain of 60 cents at a 52 weeks’ high of $22.60, Sterling Investments closed at a 52 weeks’ high of $15 with 9,889 shares trading, JMMB Group 7.50% preference share traded 53,00 units to end at $1.10.
The all Jamaica Composite Index fell 692.34 points to close at 184,978.75 and the JSE combined index slipped 28.68 points, to end at 179,348.16.
National Commercial Bank traded 892,203 shares and declined 10 cents to end at $42, Pan Jamaican Investments lost 55 cents and closed at $23.40 after trading 11,215 shares. Radio Jamaica gained 30 cents in trading 52,835 shares to close at $1.70, Sagicor Group traded 6,291 shares and ended at $23.81, Sagicor Real Estate Fund traded 10,769 shares but fell 13 cents to close at $10.12, Scotia Group dropped $1.49 and closed at $30.01 with 4,228 shares changing hands. Scotia Investments jumped $3.50 with 11,920 units changing hands to close at $30, Proven Investments traded 49,063 shares at 20 US cents, Jamaica Money Market Brokers 7.50% preference share traded 388,250 units at $2.10 after falling 3 cents and Jamaica Public Service 9.5% preference share traded 9,675 units at $1,247 each.

In the morning session the markets traded in record territory with the all Jamaica Composite Index jumping 1,572.36 points to 183,877.11, the Jamaica Stock Exchange Market Index climbed 1,405.97 points to 165,460.61, the Jamaica Stock Exchange combined index surged 1,660.01 points to 178,189.47 and the junior market index rose 34.67 points to 2,408.56.
JMMB Group jumped $1.50 in trading 139,118 units to close at $13, National Commercial Bank (NCB) traded 1,951,691 shares and gained 50 cents to end at $41.50, supply for NCB is drying up with only 97,550 on offer between $42 and $47 including 72,835 units at $45.50, Pan Jamaican Investments closed at $23.50 after trading 2,549,213 shares. Sagicor Group gained 1 cent in trading 28,272,885 shares to close at $23.81 and left just one sell order amounting to 2,000 shares at $25, in the market. The lack of supply for Sagicor could be a big signal of an upward movement for the stock, Sagicor Real Estate Fund rose 5 cents in trading 5,603,612 shares to close with at $10.25, Scotia Group lost 50 cents and closed at $31.50 with 890,433 shares changing hands and Seprod traded 1,258 shares to end at $22.