The Jamaica Stock Exchange is off to an interesting start on general election day 2016, with losses far exceeding advances on Thursday, in the early morning session. 
After 75 minutes of the market opening, 28 securities have been active, accounting for 3,867,042 shares. A total of 14 stocks fell and only 6 rose.
The all Jamaica Composite Index lost -266.70 points to 174,862.83, the JSE Market Index fell 238.64 points to 157,402.83, the JSE combined index declined by 465.66 points to 166,920.32 and the junior market index dropped 26.64 points to 2,048.48.
Caribbean Cement gained $3 with 36,000 shares to be at $33, Jamaica Broilers Group traded 575,591 at $14.50, National Commercial Bank traded 1,181,244 shares at $40.70, Palace dropped $13 while 100 shares traded at $74, Honey Bun had 5,000 shares changing hands at a new high of $13.90 and Lasco Manufacturing down 21 cents to $3.61 with 779,866 units.
JSE nervous in early trading – Thursday
JSE dips in early trading
The Jamaica Stock Exchange recorded losses on Wednesday, in the early morning session. 
After 30 minutes of trading the junior market index is down 2.5 percent, well off from Tuesday’s gain of 1 percent, in early trading.
A total of 5 stocks fell and 6 rose as 18 securities have been active with just 500,267 units changing hands. The all Jamaica Composite Index lost 665.05 points to 176,288.59, the JSE Market Index fell 595.09 points to 158,678.61, the JSE combined index fell 1,043.12 points to 168,279.75 and the junior market index dropped 53.35 points to 2,065.80.
The greatest movers so far are Cable & Wireless with a 10 cents gain, Caribbean Cement down $2.98, Sagicor Real Estate Fund down 30 cents and Lasco Manufacturing down 30 cents to $3.70.
More retreating for JSE on Friday
Seprod traded at 52 weeks’ intraday high on Friday at $22.10.
A total of 7,670,934 units valued at $79,145,756 changed hands in all markets. The junior market accounted for 1,035,881 units changing hands, valued at $5,711,682.98.
The JSE Market Index rose 64.41 points to 157,387.02 the all Jamaica Composite Index gained 71.98 points to end at 174,845.16 and the JSE combined index dumped by 463.27 points to close at 168,117.47.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 9 stocks with bids higher than their last selling prices and 5 with lower offers.
At the end of the market activities, Barita Investments retreated after the company posted lower earnings in the December quarter of $27.7 million versus $45.6 million as 10,000 units traded to close with a loss of 40 cents at $4.20. Berger Paints lost 49 cents to end at $4.21, with 5,070 units traded, Cable and Wireless closed with a loss of 1 cent as 619,883 units changed hands at $1.58. Caribbean Cement fell 50 cents to close at $30 with 31,123 shares changing hands, Carreras dropped $1 to close at $66, while trading 6,072 units, Ciboney declined by 6 cents to 15 cents with 2,955,517 shares trading, Gleaner traded 113,790 shares but fell 4 cents to $2.46. Grace Kennedy ended with 8,369 shares trading to close at $82.25 after gaining 70 cents. Jamaica Broilers jumped $1.15 with 647,438 units to close at $14.90, Jamaica Stock Exchange ended with 46,000 shares trading but rose 40 cents to close at $22.35, JMMB Group had 22,851 units changing hands at $11. 
Kingston Wharves had 7,260 shares trading with a gain of 5 cents at $11.40, Mayberry Investments traded 35,970 units to close at $4.5 for a decline of 5 cents, National Commercial Bank traded 109,827 shares to close at $41 after gaining 70 cents, while Pan Jamaican traded 14,727 shares with a fall of $1.30 to end at $94.70. Radio Jamaica traded 1,414 units but fell 30 cents to $4.30, Sagicor Group fell 1 cent with 469,568 shares changing hands at $22.10, Scotia Group had 1,242,641 shares changing hands to close with a gain of 50 cents to end at $33.50. Scotia Investments had 5,174 units changing hands at $28 after rising $1. Seprod closed at $22, with 26,364 shares trading, Supreme Ventures fell 5 cents to close at $5.85 with 170,772 units changing hands, JMMB Group 5.75% preference share traded 35,000 at $1.06 and Proven Investments preference share traded 40,000 units at $5.
More retreat for JSE on Thursday
Carib Cement closed at a new 52 weeks’ high on Thursday of $30.50.
A total of 2,801,152 units valued at $40,035,868 changed hands in all markets. The junior market accounted for 876,572 units changing hands, valued at $3,718,863.
The JSE Market Index dived 913.83 points to 157,322.61 the all Jamaica Composite Index dropped 1,021.27 points to end at 174,773.18 and the JSE combined index dumped by 972.44 points to close at 168,580.74.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 15 stocks with bids higher than their last selling prices and 5 with lower offers.
At the end of the market activities, Barita Investments ended with 119,000 units traded to close at $4.60, Berger Paints rose 20 cents to end at $4.70, with 13,950 units traded, Cable and Wireless closed with 58,929 units changing hands, with a loss of 1 cent at $1.59. Caribbean Cement jumped 50 cents to close at $30.50 with 11,868 shares changing hands, Carreras jumped $1.30 to close at $67, to end at a 52 weeks’ high while trading 150,641 units, Gleaner traded 57,510 shares but rose 5 cents to $2.50, Grace Kennedy ended with 2,449 shares trading to close at $82.25 after dropping 75 cents. Jamaica Broilers fell 75 cents with 244,239 units to close at $13.75, Jamaica Stock Exchange ended with 210,710 shares trading but lost 5 cents to close at $21.95, JMMB Group dropped 25 cents in trading 38,315 units at $11. Kingston Wharves had 5,900 shares trading at $11.40, Mayberry Investments traded 16,800 units to close at $4.80 for a rise of 30 cents, 
National Commercial Bank traded 45,262 shares to close at $40.30 after declining by $1.20, while 138 Students Living traded 146,285 shares with a fall of 10 cents to end at $5.60. Proven Investments traded 32,164 shares at 20 US cents, Radio Jamaica traded 17,651 units but fell 5 cents to $4.60, Sagicor Group fell 82 cents with 15,459 shares changing hands at $22.11, Scotia Group had 177,068 shares changing hands to close with a gain of 99 cents to end at $33. Scotia Investments had 1,200 units changing hands at $27 after dropping $3. Seprod closed at $22, with 104,200 shares trading, Supreme Ventures fell 10 cents to close at $5.90 with 48,200 units changing hands, Jamaica Money Market Brokers 7.50% preference share traded 66,900 at $2.15 and Proven Investments preference share traded 502,476 units at $5.
JSE retreated again on Wednesday
Carreras traded at a new 52 week’s high on Wednesday
A total of 2,801,152 units valued at $45,600,266 changed hands in all markets. The junior market accounted for 876,572 units changing hands, valued at $3,718,863.
The JSE Market Index dived 934.62 points to 158,236.44 the all Jamaica Composite Index dropped 1,044.48 points to end at 175,794.45 and the JSE combined index dipped by 1,117.25 points to close at 169,553.18.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 15 stocks with bids higher than their last selling prices and 5 with lower offers.
At the end of the market activities, Berger Paints fell 30 cents to end at $4.50, with 37,301 units traded, Cable and Wireless close with 178,301 units changing hands at $1.60, Caribbean Cement jumped $3.40 to close at $30 with 83,508 shares changing hands. Carreras gained of 70 cents to close at $65.70, to end at a 52 weeks’ high while trading 245,117 units, Desnoes & Geddes traded 76,000 shares but lost 2 cents to $22.85, Grace Kennedy ended with 3,269 share trading to close at $83, Jamaica Broilers had 72,174 shares trading with a rise of 50 cents to end at $14. Jamaica Stock Exchange ended with 3,000 shares trading but lost 50 cents to close at $22, JMMB Group dropped 75 cents in trading 94,905 units at $11.25, Kingston Wharves had 38,100 shares trading at $11.40, 
Mayberry Investments traded 26,020 units to close at $4.50. National Commercial Bank traded 183,199 shares to close at $40 after rising by $1.50, while 138 Students Living traded 354,615 shares with a rise of 20 cent to end at $5.70, Pan Jamaican Investment traded only 334 units with a rise of $1.45 to end at $96. Scotia Group had 173,359 shares changing hands to close with a fall of $1.99 to end at $32.01, Scotia Investments had 6,000 units changing hands at $30 after jumping $3.45. Seprod closed at $22, with 33,153 shares trading, Supreme Ventures rose 10 cents to close at $6 with 138,588 units changing hands and Jamaica Money Market Brokers 7.50% preference share traded 66,900 at $2.15.
JSE market dived sharply – Tuesday
Jamaican Stock Exchange closed at a new all-time high of $22.50.
A total of 4,504,769 units valued at $138,949,178 changed hands in all markets. The junior market accounted for 1,008,928 units, valued at $4,603,766.
The JSE Market Index dived 3,286.73 points to 159,171.06 the all Jamaica Composite Index dropped 3,673.11 points to end at 176,838.93 and the JSE combined index dipped by 3,413.10 points to close at 170,670.43.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 10 stocks with bids higher than their last selling prices and 4 with lower offers.
At the end of the market activities, Berger Paints fell 18 cents to end at $4.80, with 50,576 units traded, Cable and Wireless lost 9 cents with 268,452 units changing hands at $1.60, Caribbean Cement fell 90 cents to close at $26.60 with 18,305 shares changing hands. Carreras traded as high as $65.70, but closed with a gain of 90 cents, to end at a 52 weeks’ high of $65 while trading 625,721 units, Grace Kennedy ended with 562,543 share trading with a loss of $1 to close at $83, Jamaica Broilers had 17,581 shares trading with a loss of 95 cents at $14. Jamaica Stock Exchange traded 3,403 shares with a rise of $2.50 to close at a 52 weeks’ high $22.50, JMMB Group dropped $1 in trading 76,393 units at $12, Kingston Wharves had 21,850 shares trading at $11.40, Mayberry Investments fell 40 cents to close at $4.50 with 41,436 units traded, 
after trading at a 52 weeks’ intraday high of $5.08 National Commercial Bank traded 396,112 shares to close at $40 after falling by $2, Pan Jamaican Investment traded 49,943 units with a loss of $1.45 to end at $94.55, Scotia Group had 326,093 shares changing hands to close at $34, Scotia Investments had 261,404 units changing hands at $26.55 after dropping $3.25. Seprod rose $2 to close at $22, with 69,528 shares trading, Supreme Ventures declined by 55 cents to close at $5.90 with 240,000 units changing hands. Proven Investments ordinary share traded at 22 US cents with 41,720 units, Jamaica Money Market Brokers 7.50% preference share traded 296,000 at $2.15 and Proven Investments preference share traded 97,524 units to close at $5.
JSE jumped sharply on Monday
Carreras traded at a new 52 weeks’ high of $65 on Monday
Investors pushed stock prices sharply higher on the opening day of the week on the Jamaica Stock Exchange with 48 securities changing hands in all market segments. Trading resulted in the prices of 26 securities gaining while 10 declined. Nine stocks closed at 52 weeks’ high and 1 at an intraday high, as 23,823,419 units valued at $153,664,407 changed hands in all markets. The junior market accounted for 19,268,579 units, valued at $109,445,668.
The JSE Market Index jumped 3,162.74 points to 162,457.79 the all Jamaica Composite Index climbed 3,397.05 points to end at 180,512.04 and the JSE combined index shot up by 3,534.54 points to close at 174,083.53.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 10 stocks with bids higher than their last selling prices and 3 with lower offers.
At the end of the market activities, Berger Paints fell 2 cents to end at $4.98, with 38,961 units traded, Cable and Wireless ended with 1,050,566 units changing hands at $1.69, Caribbean Cement fell 50 cents to close at $27.50 with 23,415 shares changing hands. Carreras traded as high as $65 in the morning session, following very good December quarter results but closed with a gain of 60 cents, to end at a 52 weeks’ high of $64.10 while trading 84,243 units, Ciboney ended with 593,564 share trading at 21 cents, Jamaica Producers had 30,970 shares trading at $30. Jamaica Stock Exchange ended with 55,290 shares trading to end at $20 but traded at an intraday high of $23, JMMB Group slipped by 70 cents in trading 1,136,590 units to end at $13, JMMB reported lower profit in the December Quarter of 32 cents per share versus 46 cents in 2014 and $1.04 for the nine months compared to $1.08. Margaritaville Turks had 120,900 shares trading at 15 US cents, Mayberry Investments fell 10 cents to close at $4.90 with 464,350 units traded. National Commercial Bank traded 95,580 shares to close at $42 after rising by 50 cents, 
138 Student Living traded 299,100 units with a gain of 20 cents to end at a 52 week’s high of $5.50, after trading as high as $5.90. Sagicor Group fell 5 cents and closed at $23 with 38,760 units changing hands, Sagicor Real Estate Fund closed at $12 while trading 13,100 shares, Scotia Group had 73,100 shares changing hands with a rise of $2.50 to close at $34, Scotia Investments had 1,500 units changing hands at $29.80 after gaining 80 cents. Seprod dropped $2 to close at $20 with 20,137 shares trading, Supreme Ventures climbed 70 cents to close at $6.45, with 211,534 units changing hands, Proven Investments ordinary share traded at 22 US cents with 119,531 units and Proven Investments preference share traded 72,476 units to close at $5.
C&W, Pan Jam dominant plays – Friday
C&W gained 21% in trading on Friday following release of Q3 results
Trading resulted 38 securities trading, 16 of which gained and 14 declined. Six stocks closed at 52 weeks’ highs and 3 at intraday highs as 11,326,742 units valued at $259,795,288 changed hands in all markets. The junior market accounted for 2,619,072 units changed hands, valued at $10,651,233.
The JSE Market Index fell 412.90 points to 159,295.05 the all Jamaica Composite Index dropped 461.44 points to end at 176,977.50 and the JSE combined index declined 553.68 points to close at 170,686.48.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 17 stocks with bids higher than their last selling prices and 6 with lower offers.At the end of the market activities, Barita Investments ended with 12,000 units traded, to close at $4.75, Berger Paints fell 8 cents to end at $5, with 14,021 units traded, Caribbean Cement rose 1 cent to close at $28 with 48,626 shares changing hands. Carreras gained 75 cents to end at a 52 weeks’ high of $63.50 with 15,180 units trading, Grace Kennedy closed at $84 with 10,283 units changing hands. Jamaica Broilers traded 406,083 units and gained $1.45 to $14.95, JMMB Group jumped $1.95 in trading 8,350 units to end at 52 weeks’ high of $13.70. Kingston Wharves rose 26 cents with 10,545 units changing hands at $11.45, Margaritaville Turks had 30,900 shares trading at a 52 weeks’ high of 15 US cents,
Mayberry Investments gained 30 cents to close at $5 with 130,126 units traded, National Commercial Bank traded 347,478 shares to close at $41.50. Pulse Investments traded 5,000 shares to end at a 52 weeks’ high of $4.65 after rising by 45 cents, Sagicor Group rose 5 cents and closed at $23.05 with 370,399 units changing hands. Sagicor Real Estate Fund gained 20 cents to close at $12 while trading 10,023 shares, Scotia Group had 231,306 shares changing hands with a loss of $2.50 to close at $31.50. Scotia Investments had 14,374 units changing hands at $29, Supreme Ventures lost 45 cents to close at $5.75, with 511,615 units changing hands, Proven Investments ordinary share traded at 22 US cents with 34,100 units and JMMB 7.50% preference share traded 89,573 units to close at $2.15.
Market fell on Thursday
Berger closed at a new high on Thursday
The JSE Market Index fell 608.92 points to 159,707.95 the all Jamaica Composite Index lost 680.50 points to end at 177,438.94 and the JSE combined index declined 667.38 points to close at 171,240.16.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 16 stocks with bids higher than their last selling prices and only 1 with a lower offer.
At the end of the market activities, Barita Investments ended with 5,478 units traded for 3 cents lower to close at $4.75, Berger Paints rose 58 cents to end at $5.08 at 52 weeks’ high, with 100,764 units traded. Cable and Wireless dropped 14 cents to close at $1.40 with 803,782 units trading. The company reported a profit of $144 million in the December quarter after accounting for an exceptional charge of $334 million and for the nine months losses were down sharply from $1.8 billion to $644 million after an exceptional charge of $504 million. Caribbean Cement fell 1 cent to close at $27.99 with 35,992 shares changing hands. Gleaner Company traded 1,998,200 shares to close at $2.40, Grace Kennedy closed at $84 with 1,500 units changing hands. Jamaica Broilers Group traded 45,584 units but dropped $1 to $13.50, JMMB Group traded 6,875,563 units but fell 15 cents to end at $11.75. Kingston Wharves rose 19 cents with 13,848 units changing hands at $11.19,
Margaritaville Turks had 180,290 shares trading at 14 US cents, National Commercial Bank traded 114,437 shares and fell 50 cents to close at $41.50. Pulse Investments traded 230,500 shares to end at a 52 weeks’ high of $4.20 after rising by 10 cents after it traded earlier in the day at $4.80, Sagicor Group closed at $23 with 164,051 units changing hands. Sagicor Real Estate Fund fell 20 cents to close at $11.80 while trading 65,892 shares, after it traded at an intraday high of $12.05. Scotia Group had 157,488 shares changing hands to close at $34, Scotia Investments had 36,067 units changing hands at $29, Seprod added 100 units and jumped $1 in ending at $22. Supreme Ventures lost 10 cents to close at $6.20, with 85,982 units changing hands, but traded earlier, at an intraday high of $7 and JMMB 7.50% preference share traded 603,733 units with a gain of 3 cents to close at $2.15.
Spirited recovery for JSE on Tuesday
Margaritaville Turks traded at a new 52 weeks’ high on Tuesday.
The Jamaica Stock Exchange recovered from two days of major losses in the main market indices on Tuesday with 47 securities changing hands in all market segments, 17 of which gained and 16 declined. Seven stocks closed at 52 weeks’ highs and 4 at intraday highs as 7,135,151 units valued at $62,892,474 changed hands in all markets. The junior market accounted for 1,181,038 units changed hands, valued at $6,522,458.
The JSE Market Index climbed 1,442.14 points to 160,316.87 the all Jamaica Composite Index recovered 1,611.67 points to end at 178,119.44 and the JSE combined index rose 1,323.61 points to close at 171,905.15.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 18 stocks with bids higher than their last selling prices and only 1 with a lower offer.
At the end of the market activities, Barita Investments ended with 35,224 units traded to close at $4.78, Berger Paints fell 30 cents to end at $4.50 after trading at 52 weeks’ intraday high of $5.05, with 191,462 units traded. Cable and Wireless gained 4 cents to close at $1.54 with 149,329 units trading, Caribbean Cement rose 90 cents to close at $28 with 22,982 shares changing hands. Carreras traded 18,990 shares at $62.75 with a gain of 24 cents, 
Ciboney traded 72,660 shares at 21 cents, Desnoes and Geddes had 14,567 changing hands at $22.88, Gleaner Company fell 2 cents in trading 47,576 shares to close at $2.40, Grace Kennedy gained $1 to close at $84 with 4,452 units changing hands. Jamaica Broilers Group traded 178,900 units but gained 50 cents to $14.50, Jamaica Producers lost 50 cents to end at $29.50 with 30,882 units trading, Jamaica Stock Exchange traded 12,480 shares at $20, JMMB Group traded 12,133 units and gained 90 cents to end at a 52 weeks’ high of $11.90. Kingston Wharves rose 53 cents with 16,827 units changing hands at $11, Margaritaville Turks had 500 shares trading at a new high of 14 US cents up from 13.7 cents on Monday, National Commercial Bank traded 271,792 shares and rose $1 to close at $42. Pan Jamaican Investments closed at $94.50 after trading 192,708 shares with a loss of $1.50. Pulse Investments traded 263,268 shares at a 52 weeks’ high of $4.10 after rising by 9 cents after it traded earlier in the day at $4.50, Sagicor Group closed at $23 with 131,685 units changing hands.
Sagicor Real Estate Fund gained 50 cents to close at a 52 weeks’ high of $12 while trading 43,900 shares, Scotia Group had 91,317 shares changing hands to close with a loss of $3 at $34, Seprod added 38,921 units and dropped 99 cents in ending at $21. Supreme Ventures rose 5 cents to close at $6.30, with 900,005 units changing hands, but traded earlier, at an intraday high of $7. Proven Investments ordinary share traded 79,600 units to close at 22 US cents, Jamaica Money Market Brokers 7.50% preference share traded 836,600 units with a gain of 3 cents to close at $2.15 and Proven Investments 8% preference share traded 19,100 units at $5.
