The main market of the Jamaica Stock Exchange, lost some more grounds at the close on Friday but the junior market hit a new closing high, even as advancing stocks beat out declining ones 2 to 1.
At the close the All Jamaica Composite Index , fell 208.15 points to close at 210,989.85 The JSE Market Index lost 186.11 points to finish at 193,037.02. Thanks to moderate gains in the junior market, the JSE combined index fell by a smaller 107.92 points to close of 207,369.22.
The market closed with 44 securities changing hands, 1stocks gained and 11 declined in the overall market, including 11 stocks rising and 5 falling, in the junior market.
At the close with 34,147,320 units valued at $169,240,005 changed hands, compared to 6,801,958 units valued at $105,007,240 changing hands on Thursday. Of the stocks traded, the junior market accounted for 1,879,103 units, changing hands, valued at $12,784,650.
The average trade for the day in the main market ended at 1,241,085, shares compared to an average of 242,331 units traded on Thursday. The average for the month to date, is 991,892 versus 742,670 units on the previous trading day, well below the average of 549,379 units, December ended with.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 9 stocks with bids higher than their last selling prices and 4 with lower offers.
In market activity, Barita Investments lost 17 cents, and ended trading 24,311 shares, to close at $6, Berger Paints traded 18,379 units at $6, Cable and Wireless ended with 603,857 units to end at $1.08, after gaining 10 cents, Caribbean Cement ended with a rise of 60 cents while trading just 15,154 shares to close at $36. Carreras recovered 75 cents and closed at $66.75 with 16,835 shares changing hands. 1834 Investments rose 4 cents to end at $1.32 with 102,524 units changing hands, Grace Kennedy had 3,256 units trading, with the price falling 20 cents, to close at $40.45. Jamaica Broilers declined by 50 cents and closed at $15 with 14,107 shares changing hands, Jamaica Producers traded 66,566 shares and rose by 9 cents to end at $9.50, Jamaica Stock Exchange in trading 67,603 shares, ended at $5.60, JMMB Group traded 23,852 units and gained 19 cents to end at $15.20. National Commercial Bank traded 30,975 shares to close at $52, 138 Student Living ended trading with 30,734,795 shares at $4.50, Portland JSX traded 12,922 units at $10.25 after falling 72 cents. Sagicor Group closed with 246,978 shares changing hands with a rise of 94 cents to end at $29.04, Scotia Group with 88,319 shares changing hands, rose 1 cent to close at $35.02, Scotia Investments with 24,440 units trading, ended at $31.50, Seprod traded 5,546 shares in closing at $30. Supreme Ventures traded 50,536 units to gain 29 cents to close at $5.40 and Proven Investments traded 11,998 ordinary share to close at 22 US cents.
Jamaican stocks mostly up – Thursday
The main market of the Jamaica Stock Exchange, lost some more grounds at the close on Thursday but the junior market hit a new closing high, even as advancing stocks beat out declining ones 3 to 1.
At the close the All Jamaica Composite Index , fell 82.08 points to close at 211,198.00 The JSE Market Index lost 1,374.61 points to finish at 193,223.13. Thanks to moderate gains in the junior market, the JSE combined index rose 240.58 points to close of 207,477.14.
The market closed with 43 securities changing hands, 23 stocks gained and 7 declined in the overall market, including 5 stocks rising and 6 falling, in the junior market.
At the close with 6,801,958 units valued at $105,007,240 changed hands, compared to 55,154,094 units valued at just $80,360,424 changing hands on Wednesday. Of the stocks traded, the junior market accounted for 3,135,713 units, changing hands, valued at $16,330,699.
The average trade for the day in the main market ended at 2,261,669 shares compared to an average of 1,243,069 units traded on Wednesday. The average for the month to date, is versus 224,468 units on the previous trading day, well below the average of 549,379 units, December ended with.
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 5 with lower offers.
In market activity, Barita Investments gained 17 cents and ended trading 112,000 shares to close at 52 weeks high of $6.17, after trading at a low of $5.55 for the day. Cable and Wireless ended with 178,465 units at 98 cents, after gaining 8 cents, Caribbean Cement ended with a rise of $1.40 while trading just 6,680 shares to close at $35.40, Carreras lost 75 cents and closed at $66 with, 44,510 shares changing hands, Grace Kennedy had 37,432 units trading, with the price rising 55 cents, to close at $40.65. Jamaica Broilers rose by 70 cents and closed at $15.50 with 6,615 shares changing hands, Jamaica Producers traded 113,500 shares to end at $9.41, Jamaica Stock Exchange rose by 1 cents in trading 84,987 shares, to end at $5.60, JMMB Group traded 5,079,776 units and fell 44 cents to end at $15.01. National Commercial Bank traded 85,928 shares while rising of $1 to close at $52, Pan Jam Investment traded 6,975 shares and rose 8 cents to close at $26.60, Portland JSX traded 16,000 units at $11. Pulse Investments ended at $4 with 21,600 units changing hands, Sagicor Group closed with 25,000 shares changing hands with a loss of 40 cents at $28.10. Scotia Group with 28,023 shares changing hands, rose 51 cents to close at $35.01, Scotia Investments gained 40 cents with 38,160 units trading, to end at $31.50, Seprod traded 9,152 shares to gain 5 cents in closing at $30. Proven Investments traded 86,500 ordinary share to close at 22 US cents and JMMB US 6% preference shares ended at US$1.11, with 65,240 units changing hands.
Large trades in C&W shares – Wednesday
There has been increased interest in the stock with bids growing in numbers after the price collapsed late last year to a low of 65 cents, as the release of the company’s next set of financials draws close.
The gain in Cable & Wireless did not prevent the main market of the Jamaica Stock Exchange, losing more grounds on Wednesday, following Tuesday’s fall, even as advancing stocks beat out declining ones as a big fall in the price of Scotia Group did damage to the indices. Also helping are a $1 decline of NCB and Kingston Wharves dipping more than $1.
At the close the All Jamaica Composite Index , dropped 1,537.30 points to close at 211,280.08. The JSE Market Index lost 1,374.61 points to finish at 193,296.53. Thanks to moderate gains in the junior market, the JSE combined index fell 1,193.40 points to close of 207,236.56.
The market closed with 38 securities changing hands as 17 stocks gained and 12 declined in the overall market, including 5 stocks rising and 6 falling, in the junior market.
At the close with 55,154,094 units valued at just $80,360,424 changed hands, compared to 7,603,225 units valued at just $132,166,453 changing hands on Tuesday. Of the stocks traded, the junior market accounted for 3,135,713 units, changing hands, valued at $16,330,699.
The average trade for the day in the main market ended at 2,261,669 shares compared to an average of 1,243,069 units traded on Tuesday. The average for the month to date, is versus 224,468 units on the previous trading day, well below the average of 549,379 units, December ended with.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 16 stocks with bids higher than their last selling prices and 2 with lower offers.
In market activity, Berger Paints ended trading 17,080 shares to close at $6, Caribbean Cement ended with a fall of 40 while trading just 15,000 shares to close at $34, Carreras recovered 16 cents and closed at $66.75 with 5,019 shares changing hands, Grace Kennedy had 45,709 units trading, with the price rising 9 cents, to close at $40.10. Jamaica Broilers rose by 20 cents and closed at $14.80 with 56,061 shares changing hands, Jamaica Producers lost 29 cents to end at $9.41 with 5,976 units trading, Jamaica Stock Exchange rose by 2 cents in trading 10,000 shares, to end at $5.59, JMMB Group traded 331,250 units and gained 35 cents to end at $15.45. Kingston Wharves dropped $1.49 in trading 1,325 units to close at $23.50, Mayberry Investments lost 5 cents and ended at $4.75 with 13,796 shares changing hands, National Commercial Bank traded 21,750 shares while falling of $1 to close at $51. Pan Jam Investment traded 1,447 shares and rose 2 cents to close at $26.52, Radio Jamaica climbed 10 cents to close at $1.45 after 118,808 shares changed hands, Sagicor Group closed with 24,466 shares changing hands with a loss of 50 cents at $28.50, Sagicor X Fund ended with 5,988 units trading at $10.50. Scotia Group with 17,900 shares changing hands, dropped $3.50 to close at $34.50, Scotia Investments gained 5 cents with 30,000 units trading, to end at $31.10. Jamaica Money Market Brokers 7.50% preference share gained 15 cents in trading 68,132 units to close at $2.15 and JMMB US 6 percent preference shares rose 1 cent and ended at US$1.11, with 34,760 units changing hands.
Majors retreat again – Tuesday
The main market of the Jamaica Stock Exchange, lost more grounds on Tuesday, following Monday’s fall, even as advancing stocks beat out declining ones, 3 to 2.
At the close the All Jamaica Composite Index , slipped 414.61 points to close at 212,817.38. The JSE Market Index fell 370.75 points to finish at 194,671.14. Thanks to moderate gains in the junior market, the JSE combined index fell 244.89 points to close at 208,674.85.
The market closed with 43 securities changing hands. 18 stocks gained and 13 declined in the overall market, including 10 stocks rising and 6 falling, in the junior market.
At the close with 7,603,225 units valued at just $132,166,453 changed hands, compared to 2,566,885 units valued at $17,585,399 changing hands on Monday. Of the stocks traded, the junior market accounted for 1,095,189 units, changing hands, valued at $6,212,985.
The average trade for the day in the main market ended at 282,958 shares compared to an average of 76,614 units traded on Monday. The average for the month to date, is 224,468 versus 165,979 units on the previous trading day, well below the average of 549,379 units, December ended with.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 14 stocks with bids higher than their last selling prices and 5 with lower offers.
In market activity, Berger Paints ended trading 6,077 shares to close at $6, Cable & Wireless gained 2 cents to close at 87 cents with 693,453 units trading, Caribbean Cement ended with a fall of $3 while trading just 8,453 shares to close at $33.50. Carreras lost 16 cents and closed at $66.59 with 14,968 shares changing hands, Investors traded 2,415,247 shares of 1834 Investments to close at $1.26 after rising 6 cents. Grace Kennedy had 55,485 units trading with the price falling 49 cents to close at $40.01, Jamaica Broilers closed at $14.60 with 17,847 shares changing hands, Jamaica Stock Exchange lost 3 cents in trading 41,393 shares, to end at $5.57, JMMB Group traded 2,788 units and lost 35 cents to end at $15.10. Kingston Properties rose 94 cents in trading 11,779 units to close at $9, Mayberry Investments lost 5 cents and ended at $4.75 with 13,796 shares changing hands, National Commercial Bank traded 2,001,100 shares with a gain of $1.79 to close at $52. Pan Jam Investment traded 1,447 shares and rose 2 cents to close at $26.52, Radio Jamaica climbed 13 cents to close at $1.35 after 14,479 shares changed hands, Sagicor Group closed with 105,859 shares changing hands with a loss of 4 cents at $29, Sagicor X Fund ended with 33,019 units trading at $10.50 and gained 29 cents. Scotia Group with 3,595 shares changing hands and closed at $38, Scotia Investments gained 3 cents with 4,906 units trading, to end at $31.05. Supreme Ventures ended at $5.10, with 10,049 units changing hands, Trinidad Cement had 150,000 units changing hands at $63, Proven Investments ordinary share traded 136,778 units at 22 US cents and Jamaica Money Market Brokers 7.50% preference share traded 765,000 units to close at $1.08.
Jamaican stocks up in early trading – Monday
Stocks on the Jamaica Stock Exchange surged forward first thing Monday morning, with the All Jamaica composite index rising by 1,109.47 at 1 minute after trading opened to trade at a new high and the combined index moved up by 919.92 points.
Market activity resulted in 31 securities traded at 10:45 am, compared to 26 on Friday at 10:45 am. A total of 11 securities advanced and 9 declined, resulting in a volume of 842,68 shares changing hands, carrying a value of $7,961,875, compared of 984,204 shares changing hands, carrying a value of $4,620,010 on Friday. The average number of shares traded, amount to 27,183 units versus 37,854 units on Friday.
Market activity was helped by National Commercial Bank rising to $52.50, with 7,180 shares up from a last trade on Friday of $51.01, Scotia Group trading 8,582 units at $39, representing a rise of 99 cents from Friday’s close. In the junior market, Blue Power jumped $3.50 to a new all-time high of $34.50 with 3,500 units changing hands, Caribbean Cream fell back from Friday’s close of $8.55 to trade at $7.35 with 83,535 units and Jetcon Corporation with 25,946 units traded at a new high of $6.50. Caribbean Cement dropped $3.50 with 9,350 shares to $30.50 but recovered partially to traded 18,350 units up to $33.20.
The all Jamaica Composite Index gained 645.01 points to 214,293.58, the Jamaica Stock Exchange Market Index grew 576.75 points 195,991.13 the Jamaica Stock Exchange combined index gained 662.77 points to 208,847.13 and the junior market index rose 12.45 points to 2,636.77.