JSE main market volume dives – Friday

May 18, 2018 by

Supreme Ventures dropped $2.75 to $12.25 on Friday.

Volume traded on the Jamaica Stock Exchange dropped back to low levels on Friday, ending with 1,921,527 units valued at $46,900,896 compared to 7,688,997 units valued at $220,155,817 changing hands on the main market on Thursday.
The low volume was built from Carreras with 417,958 units amounting to 21.75 percent of the day’s volume, followed by Scotia Group with 315,705 units accounting for 16.43 percent of volume traded and Berger Paints with 262,929 units with 13.68 percent of the volume traded.
At the end of market activities, 23 securities traded, compared to 28 on Thursday, in the main and US dollar markets as 9 stocks rose, 11 declined and 3 traded firm. At the close, the All Jamaican Composite Index falling by 1,070.06 points to 327,520.83 and the JSE Index declined by 974.94 points to 298,408.49.
Stocks with major price changes are, Caribbean Cement rose $2 to $37.50, PanJam Investment climbing $1 to $7. Grace Kennedy declined $1.15 to $48.50, JMMB Group fell $1.20 to $26.80, Kingston Wharves dropped $1.60 to $46.80, Sagicor Real Estate Fund fell $1.10 to $13.99, Scotia Group lost $1.90 to $49.10 and Supreme Ventures dropped $2.75 to $12.25.
Trading resulted in an average of 87,342 units valued at an average of $2,131,859 for each security traded. In contrast to 137,284 units for an average of $1,083,320 on Thursday. The average for the month to date is 279,765 shares with a value of $13,009,983, previously 292,000 shares with a value of $13,757,854. In contrast, April closed with an average of 708,206 shares with a value of $6,395,518 for each security traded.
In the US dollar market, Proven Investments traded 15,000 shares at 22 US cents. The JSE USD Equities Index advanced by 0.98 points to close at 174.28.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 3 closing with lower offers.
For more details of market activities see – 1,000 points fall for JSE main market – Friday.

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1,000 pts fall for JSE main market – Friday

May 18, 2018 by

Stocks declined again in trading on the main market on Friday, with the JSE All Jamaican Composite Index declining 1,070.06 points to close at 327,520.83 and the JSE Index fell 974.94 points to 298,408.49.
Trading was characterized by big price movements in a number of stocks but with those declining outnumbering rising ones by a 3 to 1 margin.
The market closed with only 1,921,527 units valued at $46,900,896 trading, down from 7,688,997 units valued at $220,155,817 trading on Thursday. On Friday 22 securities changed hands, resulting in 9 advancing, 11 declining and 2 remaining firm.
In market activity, Barita Investments lost 15 cents and closed at $12.38, with 2,940 shares traded, Berger Paints ended at $20, after declining 21 cents with 262,929 stock units changing hands, Carreras concluded trading and gained 1 cent to $10.60, with 417,958 units, Caribbean Cement jumped $2 and finished at $37.50, with 104,243 shares trading, Ciboney Group rose 1 cents to 13 cents, with 10,850 shares. Grace Kennedy dropped $1.15 to end trading at $48.50, with 5,386 shares, Jamaica Broilers rose 20 cents to $21.70, with 11,080 stock units trading, Jamaica Producers lost 9 cents and finished trading at $16.51, with 22,786 units, Jamaica Stock Exchange closed at $7.40, with 7,579 shares. JMMB Group ended at $26.80, with 103,297 shares, Kingston Wharves declined by $1.60 and finished at $46.80, trading 7,000 stock units, Mayberry Investments settled at $6.17, with 8,100 units, NCB Financial Group rose 77 cents and ended trading at $95.75, with 24,497 shares. PanJam Investment gained $1 and closed at $47, with 23,518 stock units changing hands, Radio Jamaica finished 14 cents higher at $1.35, with 22,682 shares, Sagicor Group lost 2 cents to settle at $38, with 141,760 shares, Sagicor Real Estate Fund settled at $13.99, after falling $1.01 with 36,401 shares, Scotia Group dropped $1.90 to $49.10, with 315,705 units. Seprod finished trading at $36, with 7,000 shares, Supreme Ventures dived $2.75 and ended at $12.25, with 167,126 shares, Victoria Mutual Investments slipped 3 cents and concluded trading at $4.17, with 77,262 stock units and Wisynco Group finished at $10, with a rose of 30 cents and 141,428 units changing hands.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE main market volume dives – Friday.”

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JSE main market attempts recovery – Thursday

May 17, 2018 by

Trading on the main market of the Jamaica Stock Exchange ended on Thursday with JSE All Jamaican Composite Index jumped 1,822.14 points to 328,590.89 and the JSE Index climbed 1,660.18 points to 299,383.43.
Volume traded on the Jamaica Stock Exchange fell sharply from Wednesday’s level, ending with 3,157,522 units valued at $24,916,371 compared to 7,688,997 units valued at $220,155,817 changing hands on the main market on Wednesday.
The lower volume was built from Ciboney Group with 1,660,000 units accounting for 52.57 percent, followed by JMMB Group 7.25% preference share with 345,000 units or 10.93 percent of the day’s volume.
At the end of market activities, 24 securities traded, compared to 23 on Wednesday, in the main and US dollar markets. Only 13 stocks rose, 6 declined and 5 traded firm.
Stocks with major price changes are, Caribbean Cement losing $2 to $35.50, Grace Kennedy rising $1.45 to $49.65, JMMB Group rising $1.50 to $28, Kingston Wharves climbed $1.90 to $48.40, Sagicor Real Estate Fund gained $1 to end at $15 and Supreme Ventures climbed $2.30 to an all-time high of $15.
Trading resulted in an average of 137,284 units valued at an average of $1,083,320 for each security traded. In contrast to 366,143 units for an average of $10,483,610 on Thursday. The average for the month to date is 292,000 shares with a value of $13,757,854, previously 303,017 shares with a value of $14,739,384. In contrast, April closed with an average of 708,206 shares with a value of $6,395,518 for each security traded.
In the US dollar market, Productivity Business ended trading at 59 US cents with 5,000 shares. The JSE USD Equities Index advanced by 0.13 points to close at 173.30.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and 2 closing with lower offers.
For more details of market activities see – JSE main market volume down prices up – Thursday.

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Big JSE main market losses- Wednesday

May 16, 2018 by

Stocks declined sharply in trading on the main market on Wednesday, with the JSE All Jamaican Composite Index dropping 2,542.85 points to 326,768.75 and the JSE Index diving 2,316.83 points to 297,723.25.
The main market closed with 7,688,997 units valued at $220,155,817 trading from 22 securities changing hands, resulting from 5 securities trading more than 1 million units each and in 8 rising, 11 falling and 3 trading firm.
In market activity, Barita Investments lost 50 cents and closed at $12.50, with 2,500 shares trading, Berger Paints rose 4 cents to end at $20.50, with 4,608 stock units, Carreras rose 14 cents and concluded trading at $10.54, with 59,203 units, Grace Kennedy ended trading at $48.20, after rising 15 cents with 15,911 shares, Jamaica Broilers jumped $1.10 to $21.70, trading a mere 634 stock units. Jamaica Producers lost 38 cents in finishing trading at $16.60, with 17,774 units, Jamaica Stock Exchange closed at $7, with 1,033,290 shares, JMMB Group fell 50 cents to $26.50, with 1,999,978 shares changing hands, Kingston Wharves dropped $2.49 to $46.50, with 1,801,850 stock units. Mayberry Investments settled at $6.17, with 6,890 units traded after falling 8 cents, NCB Financial Group lost just 1 cent and ended trading at $94.98, with 41,620 shares, PanJam Investment dropped $1.64 and closed at $45.36, with 1,094,320 stock units, Proven Investments traded in the main market with a rise of $1.99 to $28.50 while trading just 100 shares, Pulse Investments fell 21 cents and concluded trading at $1.60, with 5,414 units. Radio Jamaica lost 1 cents and finished trading at $1.19, with 30,000 shares, Sagicor Group settled at $38.50, after rising 31 cents with 22,610 shares, Sagicor Real Estate Fund gained 20 cents and finished at $14, with 1,535 units. Scotia Group dived $3.39 to $50.10, with 70,981 units, Supreme Ventures rose 20 cents and concluded trading at $12.70, with 1,012,460 shares, Victoria Mutual Investments ended at $4.18, with 262,618 shares and Wisynco Group concluded trading at $9.55, after falling 16 cents with 204,701 stock units.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE main market volume jumps – Wednesday.”

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Big recovery for JSE main market – Friday

May 11, 2018 by

Caribbean Cement jumped $4.45 to close at $40.05

Investors pushed the Jamaica Stock Exchange the market up strongly on Friday and the market recovered a large portion of what was lost since the record high on the previous week.
At the end of market activities, 28 securities traded, compared to 28 on Thursday, in the main and US dollar markets with the price of 10 stocks rising, 8 falling and 10 trading firm. At the close, the All Jamaican Composite Index jumped sharply by 2,341.33 points to 330,728.92 and the JSE Index climbed 2,133.22 points to 301,331.41.
Stocks with major price changes are, Caribbean Cement jumped $4.45 to close at $40.05, JMMB Group jumped $1 to $28, Palace Amusement jumped $300 to $1,300, followed by NCB Financial that dropped $1.25 to $95. PanJam Investment traded at a 52 weeks’ high of $46.01 while Jamaica Broilers and Supreme Ventures traded at intraday highs.
Trading activity resulted in 3,690,667 units valued at $51,637,707 compared to 3,519,415 units valued at $33,476,075 changing hands on Friday.
The major trades for the day are, Wisynco Group with 1,214,450 units and accounting for 32.91 percent of the day’s volume, followed by Victoria Mutual Investments with 723,173 units or 19.59 percent of trades and Ciboney Group with 402,832 units and 10.91 percent of the volume traded.
Trading resulted in an average of 136,691 units valued at an average of $1,912,508 for each security traded. In contrast to 200,047 units for an average of $4,687,155 on Thursday. The average for the month to date is 342,839 shares with a value of $18,119,875 and previously 367,467 shares with a value of $20,307,869. In contrast, April closed with an average of 708,206 shares with a value of $6,395,518 for each security traded.
In the US dollar market, Proven Investments traded 1,000 shares and fell by 3 cents to 20 US cents and the market index ended at down 0.47 points to 164.82 and JMMB Group 5.75% US preference share traded 5,000 units at $2.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and none closing with a lower offer.
For more details of market activities see – Big gains for JSE main market – Friday.

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Big gains for JSE main market – Friday

May 11, 2018 by

Palace jumped $300 back to $1,300 on small volume.

Trading activity was moderate on the main market on Friday, but the market gained much ground to recover a major portion of losses incurred since closing at record high on the previous Friday.
The main market closed with 3,690,667 units valued at $51,637,707 trading from 27 securities changing hands, resulting in 11 securities rising, 5 falling and 9 trading. There were three new intraday highs, with PanJam Investment closing at a new high of $46.01. Jamaica Broilers and Supreme Ventures traded at intraday highs of $22 and $13.50 respectively before pulling back by the close of trading.
The JSE All Jamaican Composite Index jumped 2,341.33 points to 330,728.92 and the JSE Index climbed 2,133.22 points to 301,331.41.
In market activity, Barita Investments rose by 50 cents and closed at $11.50, with 4,564 shares, changing hands, Berger Paints closed at $20 with 6,431 units trading, Carreras lost 20 cents and ended at $10.40, with 75,013 stock units, Caribbean Cement concluded trading at $40.05, after jumping $4.55 with 100,591 units, changing hands, Ciboney Group finished at 11 cents, with 402,832 shares, Grace Kennedy settled at $49, with 16,778 shares. Jamaica Broilers ended trading at $20.80, with 6,639 shares, after trading at an intraday high of $22. Jamaica Producers traded at $16.50, with 17,858 stock units, Jamaica Stock Exchange fell 14 cents and finished trading at $6.86, with 25,000 units, JMMB Group jumped $1 to close at $28, with 69,179 shares. Kingston Properties ended at $6.65, with 4,600 shares, Kingston Wharves concluded trading at $48.61, with 9,370 shares, after declining 29 cents, Mayberry Investments lost 9 cents and finished at $6.21, with 39,950 stock units, NCB Financial Group ended down by $1.25 to $95, with 71,713 shares changing hands, Palace Amusement ended trading after posting a $300 jump to $1,300, with just 104 shares. PanJam Investment gained just 1 cent to trade at a 52 weeks’ high of $46.01, with 5,000 shares, Pulse Investments fell 3 cents and closed at $1.75, with 40,150 stock units, Radio Jamaica rose 11 cents and ended at $1.20, with 74,597 units, Sagicor Group lost 26 cents and concluded trading at $38.02, with 31,526 shares. Salada Foods rose 1 cents and finished at $11.26, with 5,000 shares, Scotia Group added just 1 cents to settle at $50.01, with 325,267 shares after dropping $3.98, Seprod rose just 1 cent and ended trading at $35.01, with 2,500 stock units, Supreme Ventures traded at an intraday record high of $13.50 but finished trading up 1 cent at $12.21, with 89,182 shares. Victoria Mutual Investments lost 9 cents to close at $4.30, with 723,173 shares and Wisynco Group fell 30 cents and ended at $10, with 1,214,450 shares. In the main market preference segment,  JMMB Group 7.25%concluded trading at $2.10, with 324,200 shares.

Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “Big recovery for JSE main market – Friday.”

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JSE main market pull back ends – Thursday

May 10, 2018 by

JSE slowly moving upwards.

The pull back from the record reached on Friday by Jamaica Stock Exchange ended with a modest rise in the market index on Thursday as the price of 8 stocks rose, 9 declined and 11 traded firm.
At the close, the JSE All Jamaican Composite Index rose modestly and ended with an increased by 24.50 points at 328,387.59 and the JSE Index advanced by 22.32 points to 299,198.19.
Caribbean Cement shed $1.80 to close at $35.50, Grace Kennedy rose $1 to $49 and PanJam Investments traded at a new high of $46 with a rise of $1.
At the end of market activities, 28 securities traded, compared to 29 on Wednesday, in the main and US dollar markets and resulted in 5,201,225 units valued at $121,866,039 compared to 4,614,305 units valued at $109,133,839 changing hands in the main market, on Wednesday.
JMMB Group trade 2,027,120 units and accounted for 38.97 percent of trading volume, followed by Wisynco Group with 1,193,538 units and 22.95 percent of the volume and Caribbean Cement with 979,272 units and 18.83 percent of the day’s volume.
Trading resulted in an average of 200,047 units valued at an average of $4,687,155 for each security traded. In contrast to 170,900 units for an average of $4,041,993 on Wednesday. The average for the month to date is 367,467 shares with a value of $20,307,869 and previously 389,231 shares with a value of $49,857,592. In contrast, April closed with an average of 708,206 shares with a value of $6,395,518 for each security traded.
In the US dollar market, Proven Investments traded with 206.397 shares and fell 3 cents to 20 US cents and the market index dropped 8.89 ended at unchanged at 165.29. JMMB Group 5.75% US preference share traded 14,000 units at US$1.01, up by a cent.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with bids higher than their last selling prices and 1 closing with a lower offer.
For more details of market activities see – .

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Record close for JSE main market – Friday

May 4, 2018 by

Investors pushed the Jamaica Stock Exchange the market up strongly to reach the highest levels ever on Friday with the price of 11 stocks rising, 5 falling and 11 trading firm.
Friday’s record move is fourth day for the week that the main market closed at new record highs.
At the close, the JSE All Jamaican Composite Index jumped 3,775.73 points to end at 332,501.11 and the JSE Index climbed 3,440.11 points to a record close of 302,946.08. Only Wisynco Group traded more than 1 million shares, ending with 1,188,978 units to be followed by JMMB Group 7.5% preference share with 841,700 stock units.
At the end of market activities, 27 securities traded, compared to 24 on Thursday, in the main and US dollar markets. Caribbean Cement rose $1 to close at $38.60, JMMB Group fell 99 cents to $26.01, NCB Financial ended with a rise of $1.20 to $99.95, and Sagicor Group jumped $4 to $42.
Trading activity resulted in 4,887,322 units valued at $81,394,524 changing hands, compared 39,156,142 units valued at $3,462,726,542 trading on Thursday.
Trading resulted in an average of 187,974 units valued at an average of $3,130,559 for each security traded. In contrast to 1,702,441 units for an average of $150,553,328 on Thursday. The average for the month to date is 613,556 shares with a value of $37,585,846 and previously 765,133 shares with a value of $49,857,592. In contrast, April closed with an average of 708,206 shares with a value of $6,395,518 for each security traded.
In the US dollar market, Proven Investments traded with 5,860 shares at 23 US cents and the market index ended at unchanged at 177.12.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and 2 closing with a lower offers.
For more details of market activities see – JSE trading back to norm on Friday.

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JSE trading back to norm on Friday

May 4, 2018 by

The Jamaica Stock Exchange main market closed at a record on Friday as the market continues to gradually grind its way forward.

Trading activity declined in main market on Friday, but the market gained much ground to land at a new record close, as 4,887,322 units valued at $81,394,524 traded, compared with 39,156,142 units valued at $3,462,726,542 on Thursday.
The main market closed with 26 securities changing hands, 11 securities rose, 5 declined and 10 traded firm, as the JSE All Jamaican Composite Index surged 3,775.73 points to end at a record high of 332,501.11 and the JSE Index jumped 3,440.11 points to a record close of 302,946.08.
In market activity, Barita Investments closed at $10.49, with 429 shares, Carreras concluded trading at $10.60, with a loss of 12 cents trading 581,969 units, Caribbean Cement jumped $1 and finished at $38.60, with 100,100 shares, Grace Kennedy ended trading at $49, with 40,820 shares, Jamaica Broilers traded at $20.49, with 1,570 stock units. Jamaica Stock Exchange last 5 cents and closed at $6.80, with 22,500 shares, JMMB Group fell 99 cent and ended at $26.01, with 124,624 shares, Kingston Properties concluded trading at $6.65, with 12,801 shares, Kingston Wharves gained 85 cents to finish at $48.90, with 7,735 stock units. Mayberry Investments lost 13 cents in settling at $6, with 23,702 units traded, NCB Financial Group climbed $1 and ended trading at $99.95, with 189,977 shares, 1834 Investments traded at $1.16, with 440,607 shares, PanJam Investment rose 55 cents and closed at $45, with 17,145 stock units. Portland JSX ended at $10, with 57,715 units, Radio Jamaica finished at $1.10, after rising 2 cents with 142,000 shares, Sagicor Group jumped $4 and settled at $42, with 53,733 shares and Sagicor Real Estate Fund gained 50 cents to close at $15, with 12,628 shares, Scotia Group added 25 cents to trade at $50, with 506,317 units changing hands. Seprod finished trading at $35, with 3,100 shares, Sterling Investments closed at $13, with 2,025 shares trded, Supreme Ventures rose 35 cents nd ended at $12.20, with 14,890 shares, Victoria Mutual Investments concluded trading at $4.25,fter declining 5 cents with 497,877 stock units trading and Wisynco Group rose 13 cents and finished at $10.68, with 1,188,978 units. In the main market preference segment, Jamaica Money Market 7.5% traded unchanged at $2, with 1,280 stock units, JMMB Group 7.25% concluded trading at $1.50, with 1,100 shares, JMMB Group 7.5% finished at $1, with 841,700 stock units, changing hands.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “Record close for JSE main market – Friday.”

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NCB dominates JSE trading – Thursday

May 3, 2018 by

NCB dominated trading with 35 million shares.

NCB Financial Group dominated trading on Tuesday on the main market of the Jamaica Stock Exchange with an exchange of 35,067,960 units accounting for 89.56 percent of the volume traded with the price rising 85 cents to $97.85.
Trading activity resulted in 39,156,142 units valued at over $3,462,726,542 compared to 14,312,143 units valued at $130,374,672 trading on Thursday.
The market that enjoyed several record closes during the month ended on Tuesday The main market closed with 23 securities changing hands, 9 securities rose, 9 declined and 5 trading firm, as the JSE All Jamaican Composite Index lost 923.48 points to end at 328,725.38 and the JSE Index declined 841.39 points to a record close of 299,505.97.
In market activity, Barita Investments gained 49 cents and closed at $10.49, with 2,046 shares, Berger Paints jumped $2 to end at $22, with 38,452 stock units trading, Carreras rose 7 cents and concluded trading at $10.72, with 608,357 units, Caribbean Cement lost 40 cents and finished at $37.60, with 12,424 shares, Ciboney Group settled at 11 cents, with 722,522 shares. Grace Kennedy ended trading at $49, with 15,229 shares, Jamaica Broilers lost 1 cent to trade at $20.49, with 14,967 stock units, Jamaica Producers gained 20 cents and finished trading at $17, with 22,818 units, Jamaica Stock Exchange closed at $6.85, with 50,000 shares. JMMB Group ended at $27, with a rise of 30 cents trading with 41,032 shares, Kingston Wharves dropped $1.75 and finished at $48.05, with 7,385 stock units changing hands, Mayberry Investments settled at $6.13, with 299,826 units, NCB Financial Group ended trading at $98.75, with 35,067,960 shares. 138 Student Living fell 35 cents to settle at $5.15, with 10,000 units, PanJam Investment rose 25 cents and closed at $44.45, with 16,280 stock units, Radio Jamaica rose 1 cents and finished at $1.08, with 108,713 shares, Sagicor Group settled at $38, after falling 50 cents with 91,191 shares and Sagicor Real Estate Fund lost 50 cents and settled at $14.50, with 22,460 shares. Scotia Group lost 25 cents and closed at $49.75, with 82,208 units. Sterling Investments closed at $13.00, with 522 shares, Supreme Ventures fell 15 cents and ended at $11.85, with 148,791 shares, Victoria Mutual Investments rose 4 cents and concluded trading at $4.30, with 166,533 stock units and Wisynco Group rose 5 cents to settle at $10.55, with 1,606,426 units.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE main market trades at record high – Tuesday.”

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