Stocks on the main market of the Jamaica Stock Exchange rose with sizable gains at the close of trading on Wednesday with four digit gains in the main indices as over advancing stocks gained the upper hand at the close.
Trading ended with the prices of 13 securities gained out of a total of 41 trading, while 9 declined in the overall market, including 3 stocks rising and 5 falling, in the junior market.
At the close 3,098,446 units valued at $40,569,011, changed hands, compared to the 3,375,381 units valued at $114,125,679 changing hands on Tuesday. The junior market accounted for 759,344 units valued at $3,870,697 of the stocks traded.
At the close, the JSE Market Index garnered 1,178.43 points to end at 163,111.09. The all Jamaica Composite Index rose 1,317.90 points to close at 181,249.54 and the JSE combined index climbed 1,138.30 points, to end at 175,576.51.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 15 stocks with bids higher than their last selling prices and 3 with lower offers.
In market activity, Berger Paints gained 4 cents to close at $5.15 with 500 units changing hands, Cable & Wireless closed at 90 with 197,033 units changing hands, Caribbean Cement dropped 30 cents in trading 33,165 shares to close at $29.20, Carreras exchanged 46,014 shares at $65.85 to gain 85 cents. 1834 Investments traded 207,766 shares at $1.22, Grace Kennedy rose 50 cents and closed with 152,808 shares changing hands at $42.50, Jamaica Broilers had 19,108 shares changing hands to end at $14.55, Jamaica Producers closed at $8.40 with 41,793 units trading. Jamaica Stock Exchange ended at $28 with 3,600 units trading, JMMB Group traded 32,634 units to close at $10.90,
Margaritaville Turks traded 120,000 shares to close at 23.5 US cents after gaining 0.50 cent, Mayberry Investments traded 28,428 but fell 15 cents in closing at $3.70, National Commercial Bank rose 80 cents to $41 with 15,162 shares changing hands. Pan Jamaican Investment traded 84,575 shares to close $23.50 after rising 19 cents, Sagicor Group rose 30 cents in trading 220,817 shares to close at $24, Sagicor Real Estate Fund traded 8,000 shares to close with at $10.20, Scotia Group climbed $1.30 and closed at $30.30 with 10,100 shares changing hands. Scotia Investments closed at $26 with 8,800 shares changing hands, Supreme Ventures lost 20 cents to close at $4.60 with 22,100 shares. Proven Investments traded 468,600 ordinary shares to close at 18.5 US cents after declining by 0.49 cents, JMMB Group 7.50% preference share traded 100,000 units at $1.10 and Jamaica Money Market Brokers 7.50% preference share traded 482,849 units at $2.13.
JSE majors retreat on Tuesday

Scotia Group dropped by $1 on the JSE on Tuesday.
At the close of the market, prices of 12 securities gained out of a total of 38 trading, while 15 declined in the overall market, including 7 stocks rising and 4 falling, in the junior market.
Caribbean Cement was the star performer with a dive of $4.40 to close at $29.50 during the day and closed with 67,176 shares changing hands while Carreras exchanged 1,349,963 shares at $65 with a loss of 25 cents.
At the close 3,375,381 units valued at $114,125,679, changed hands, compared to the 3,502,355 units valued at $25,804,167 changing hands on Monday. The junior market accounted for 494,666 units valued at $2,264,166 of the stocks traded.
The market index ended with sizable losses, with the JSE Market Index all Jamaica Composite Index dropping 1,595.99 points to close at 179,931.64 and the JSE combined index falling 1,108.42 points, to end at 174,438.21.IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 14 stocks with bids higher than their last selling prices and 2 with lower offers.
In market activity, Cable & Wireless fell 5 cents and closed at 90 with 42,413 units changing hands. Grace Kennedy fell 50 cents and closed with 16,908 shares changing hands at $42, Jamaica Broilers had just 2,130 shares changing hands and dropped 95 cents to end at $14.55. Jamaica Stock Exchange ended at $28 with 14,727 units trading, JMMB Group traded 4,808 units and rose 60 cents to close at $10.90,
Margaritaville Turks traded 48,100 shares to close at 23 US cents after easing by 1 cent, National Commercial Bank fell 5 cents to $40.20 with 19,860 shares changing hands. Pan Jamaican Investment traded 19,860 shares to close $23.31 after falling 68 cents, 138 Student Living ordinary share traded at $4.80 while with 512,500 shares changing hands, Portland JSX closed at $11 after trading 24,700 shares, Radio Jamaica traded 95,519 shares and lost 9 cents to land at $1.31. Sagicor Group rose 19 cents in trading 602,900 shares to close at $23.51, Sagicor Real Estate Fund traded 49,223 shares to close with at $10.20, Scotia Group lost $1 and closed at $29 with 40,289 shares changing hands and Supreme Ventures lost 5 cents to close at $4.80 with 14,000 shares
JSE stocks in sharp 3 day jump
Stocks had a bullish day on Wednesday on the Jamaica Stock Exchange, as advancing stocks had a near 2 to 1 advantage over declining ones. The market indices climbed sharply as the all Jamaican Composite Index jumping nearly 2,000 points, but trading resulted in much less volumes passing through the market compared with Tuesday.
At the close of the market prices of 21 securities gained out of a total of 46 trading, while 12 declined in the overall market, including 6 stocks rising and 5 falling, in the junior market.
At the close, 4,442,113 units valued at $19,544,716, changed hands, compared to the 7,614,266 units valued at $192,616,632 changing hands on Tuesday. The junior market accounted for 635,440 units valued at $2,690,732 of the total traded on Wednesday.
The market index ended with good gains, with the JSE Market Index climbing 1,733.79 points to end at 163,116.10. The all Jamaica Composite Index jumped 1,938.97 points to close at 181,255.14 and the JSE combined index surged 1,432.39 points, to end at 174,909.53.
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.
In market activity, Barita Investments traded 47,767 shares and gained 50 cents to close at $4, Berger Paint lost 35 cents to close at $4.70 with 11,300 units, Cable & Wireless continues to garner more support and rose 1 cent to close at 95 cents, with 22,766 units changing hands. Caribbean Cement jumped $1.54, to close at $27.54 with 126,265 units changing hands, Carreras fell 50 cents and closed at $65 with 17,705 units trading, Grace Kennedy rose 31 cents, with 3,196 shares changing hands at $42.80, Jamaica Broilers had 107,149 shares changing hands and gained 6 cents to end at $15.06. Jamaica Producers ended with a gain of 20 cents to close at $8.50 with 22,250 units trading, Jamaica Stock Exchange fell 40 cents to end at $27 while trading 11,327 shares, JMMB Group traded 359,924 units and rose 26 cents to $10.25. Kingston Wharves traded 7,500 shares to close at $17.10, after rising 10 cents, National Commercial Bank traded 3,182 shares and closed with a gain of $1 at $42,
Pan Jamaican Investments gained 5 cents and closed at $24 after trading 11,100 shares. Radio Jamaica ended with 72,000 units trading at $1.42, Sagicor Group traded 6,400 shares to close at $23.02. Sagicor Real Estate Fund traded 1,044 shares to close with at $10.35 with a 15 cents rise, Scotia Group gained 1 cent to close at $30.51 with 29,975 shares changing hands, Scotia Investments had 8,090 units changing hands at $26, for a loss of 10 cents. Seprod closed at $21 with 3,764 shares trading, Sterling Investments fell 75 cents to close at a new high of $14.25 with 16,963 units changing hands. Jamaica Money Market Brokers 7.25% preference share traded 20,000 units at $2.40, JMMB Group 7.50% preference share traded 2,341,500 units at $1.10 and Jamaica Money Market Brokers 7.50% preference share traded 549,576 units at $2.10.
JSE main market jumps sharply
Trading on the Jamaica Stock Exchange,
saw big gains in the market indices main market with more than 1,500 points rise in the all Jamaican Composite Index as advancing stocks overpowered decliners in early trading but with limited volumes. The junior market index slipped below the 2,300 points level.
At 10:45 am 29 securities traded, resulting in a volume of 697,409 shares changing hands compared to 6,040,541 shares carrying a value of $5,991,867 on Tuesday. The average number of shares traded amounts to 24,049 units compared to 251,689 units on Tuesday. Market activity resulted in 6 stocks falling while the prices of 13 securities rose.
The all Jamaica Composite Index jumped 1,510.12 points to 180,826 the Jamaica Stock Exchange Market Index climbed 1,350.32 points to 162,732.63, the Jamaica Stock Exchange combined index jumped 1,007.40 points to close at 174,484.54 and the junior market index fell 23.85 points to 2,294.16.
The main contributors to the gain in the indices include a $1 rise in the prices of Caribbean Cement and National Commercial Bank and a jump of $1.39 in the price of Scotia Investments, while a fall in the price of Dolphin Cove from $15 to $13.70 had a negative effect on the junior market index.

The market index ended with moderate losses, the JSE Market Index rose 1,135.08 points to end at 163,359.75. The all Jamaica Composite Index climbed 1,269.42 points to close at 181,527.63 and the JSE combined index gained 1,119.65 points, to end at 175,546.63.
JMMB Group traded 9,754 units and rose 30 cents to close at $10.30, Margaritaville Turks traded 31,000 shares to close at a 52 weeks’ high of 24 US cents after rising by 2 cents, National Commercial Bank rose 14 cents to $40.25 with just 800 shares changing hands. Portland JSX closed at $11 after trading 8,400 shares. Radio Jamaica traded 13,572 shares and lost 3 cents to land at $1.40, Sagicor Group rose 1 cent in trading 90,934 shares to close at $23.51, Sagicor Real Estate Fund traded 49,223 shares to close with at $10.20, Scotia Group closed at $30 with 7,620 shares changing hands. Proven Investments traded 238,280 shares to close at 19.99 US cent and JMMB Group 7.50% preference share traded 500,000 units at $1.10.
Prices on the Jamaica Stock Exchange are on the move again as the last quarter of the year approaches. As prices rise so does the PE ratio. The top PE in the main market is at 17 while in the junior market is around 18.
Watch these stocks for action this week – 
At the close 3,969,447 units valued at $48,456,543, changed hands, compared to the 3,134,827 units valued at $54,491,555 changing hands on Tuesday. The junior market accounted for 1,372,103 units valued at $6,508,601 of the total traded on Thursday.
Pan Jamaican Investments closed at $23.99 after trading 5,000 shares, Radio Jamaica traded 19,066 shares and gained 1 cent to land at $1.43. 
JSE combined index slipped 122.56 points, to end at 174,786.97.
Jamaica Stock Exchange gained 50 cents to end at $27.50 while trading 147,245 shares, JMMB Group traded 12,100 units and fell 25 cents to $10. Mayberry Investments traded 11,000 shares to close at $3.60, after rising 4 cents, Pan Jamaican Investments fell 1 cent and closed at $23.99 after trading 56,728 shares, Sagicor Group rose 63 cents in trading 17,213 shares to close at $23.65, Salada Foods had 10,525 units changing hands at $7.90. Scotia Group closed at $30.11 with 101,400 shares changing hands, for a loss of 40 cents, Proven Investments ordinary share traded 416,425 units at 19.99 US cents, JMMB Group 7.50% preference share traded 130,000 units at $1.10 and Jamaica Money Market Brokers 7.50% preference share traded 51,617 units at $2.10.

The all Jamaica Composite Index jumped 1,388.13 points to close at 179,316.17 and the JSE combined index surged 1,067.23 points, to end at 173,477.14.

In market activity, Barita Investments rose 25 cents and ended with 61,030 units changing hands to close at $3.50, investors pushed the price of Cable & Wireless up by 15 cents to close at 95 cents and picked up 1,594,615 units as selling of the stock abates. Caribbean Cement rose 60 cents, to close at $26.60 with 10,315 units changing hands, Carreras traded 1,137,767 shares to close at $65.50, Investors traded 49,527 shares of 1834 Investments to close with a loss of 6 cents at $1.18, Grace Kennedy lost 50 cents, with 394,085 shares changing hands at $42.50. Jamaica Broilers had 678,683 shares changing hands and gained 5 cents to end at $14.55, Jamaica Producers ended with a gain of 10 cents to close at $8.50 with 108,851 units trading, Jamaica Stock Exchange gained $1 to end at $27.50 while trading 15,168 shares, JMMB Group traded 1,200 units and rose 1 cent to $9.81. Kingston Wharves traded 6,161 shares to close at $17.50, after falling 5 cents, Mayberry Investments had 12,000 shares changing hands, to close with a rise of 5 cents at $3.55,
National Commercial Bank jumped by $1 with 321,588 shares trading and closed at $41, the price of 138 Student Living remained unchanged at $4.70, after 7,150 units changed hands. Pan Jamaican Investments lost just 1 cent and closed at $23.50 after trading 185,496 shares. Radio Jamaica rose 2 cents and closed at $1.42 after 8,000 shares changed hands, Sagicor Group traded 24,120 shares and fell 29 cents to close at $22.81. Sagicor Real Estate Fund traded 38,153 shares to close with a gain of 8 cents at $10.20, Scotia Group gained 30 cents to close at $30.01 with 6,124 shares changing hands. Seprod gained 99 cents to close at $21.50 with 2,333 shares trading and Proven Investments gained 0.95 19.99 US cents.