The Jamaica Stock Exchange all Jamaica composite index rose just 65 points to 96,446.34 and the Jamaica Stock Exchange index is up 58 points to 87,409.64 in a moderate sessions to 10:30 on Tuesday. Some of the stocks to trade are Caribbean Cement with 479,113 units at $2.25, National Commercial Bank with 7,780 shares at $26, Sagicor Group traded 15,500 units at $10.50. Scotia Group that was the stock accounting for the major push in the market yesterday is yet to traded but has a bid for 10,000 at $22.01 with the offer to sell 1,000 shares at $24.05.
In the junior market Lasco Distributors traded 336,621 units at $1.43 and Lasco Financial Services 31,000 shares at $1.10.
Moderate gains for Tuesday morning
April 21, 2015 by
9 stocks down 8 up Tuesday
April 14, 2015 by
Activity on the Jamaica Stock Exchange, resulted in the prices of 8 stocks rising, 9 declining as 23 securities changed hands, ending in 2,465,588 units trading, valued at $17,727,553, in all market segments.
Main Market| The JSE Market Index lost 511.59 points to 84,808.30, the JSE All Jamaican Composite index fell 571.97 points to close at 93,537.92 and the JSE combined index declined by 441.31 points to close at 86,588.19.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 11 stocks with bids higher than their last selling prices and just 3 with offers that were lower.
Caribbean Cement traded 303,000 shares to close at $2.20 after losing 10 cents and trading as high as $2.30, at the close there were 885,782 shares on the bid to buy at $2.20. Carreras had 58,560 shares changing hands at $42, Gleaner Company traded 147,918 shares at 84 cents,
Jamaica Broilers Group had 370,909 units trading at the close at $4.50. JMMB Group, the holding company for Jamaica Money Market Brokers, traded 17,000 shares at 7.02 for a 3 cents loss but the stock closed with a bid to buy 10,851 shares at $7.48. National Commercial Bank traded 357,680 units while closing 25 cents higher at $25.50, but traded as low as $25.26 and Jamaica Money Market Brokers 8.75% preference share closed with 544,485 units trading at $3.10, down 10 cents.
Salada Foods traded just 5,000 shares but lost $1.30 in closing at $9, Scotia Investments traded 10,400 units to close 5o cents up at $23.50,
Kremi trade cancelled
April 14, 2015 by
In trading Caribbean Cream attempted to trade at 76 cents in response to the 40 percent jump in full year results,
but the trade was cancelled and trading in the stock halted for an hour as the price at which the trade was attempted exceeded 15 percent from the last traded price of 65 cents.
The halt on trading in the stock is now lifted and the stock can trade as high as 84 cents today but the lowest offer is at $1.02 for a mere 713 shares then at $1.15 is 100,000 units and at $1.20 one offer of 200,000 shares. Elsewhere, Caribbean Cement traded 205,799 shares at $2.20, Gleaner 147,918 at 84 cents and Jamaica Broilers 309,906 at $4.50. So far 14 securities have traded.
The JSE main market indices are down by more than 400 pints so far while the junior market is up 5.66 points to 733.55, the All Jamaican Composite Index is down 551 points to 93,559.07 and the JSE index is off 493 points to 84827.22.
Are JSE month end prices manipulated?
March 31, 2015 by
Grace shares gained $1.49 to end at $62.50 on Tuesday
From as far back as the last full week before the month end, there were signs of closing bids and offers being posted with what appears an intent to maintain them at higher levels until month end or close thereto as possible. Tuesday’s activity on the Jamaica Stock Exchange, resulted in the prices of 18 stocks rising, only 3 declining as 32 securities changed hands, ending in 3,268,722 units trading, valued at $28,664,047, in all market segments.
Main Market| At the close the JSE Market Index lost 441.41 points to 83,804.68, the JSE All Jamaican Composite index fell 493.52 points to close at 92,415.82 and the JSE combined index declined 433.24 points to end at 85,404.60.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows just 7 stocks with bids higher than their last selling prices and 4 with offers that were lower in contrast with 14 to 4 at the end of trading on Monday.
Gains| Stocks gaining with last traded prices, at the end of trading
Scotia Investments gained $1.50 to end at $23.50 on Tuesday
Firm| The stocks in the main market to close without change in the last traded prices are, Cable & Wireless finishing trading with 172,000 shares at 50 cents, Caribbean Cement in trading 1,500 shares while ending at $2.25. Carreras completed trading with 1,980 shares changing hands at $40, Jamaica Broilers with 2,000 shares changing hands closed at $4.50, Jamaica Money Market Brokers while exchanging 17,572 ordinary shares closed at $7.06, Proven Investments ending trading with 6,300 units with the price remaining 18 US cents and Sagicor Real Estate Fund had 22,500 shares changing hands at $6.90.
Declines| There was only one stock that closed lower than the opening as Scotia Group finished trading with 79,892 units to close at $21.76, after losing 44 cents.
Preference| In the preference sector, Jamaica Money Market Brokers 8.75% preference share closed with 500 shares changing hands, 1 cent higher at $3.05, Jamaica Money Market Brokers 7.25% preference share trading with 1,500 units at $2.50, Jamaica Money Market Brokers 7.50% preference share concluding trading with 25,072 units at $2 and Eppley 9.5% preference share, closing with 22,676 shares changing hands at $6.
Is end of quarter JSE rally on?
March 26, 2015 by
Jcakie Sharp CEO of Scotia Group that gained 45 cents on Thursday
Main Market| The JSE Market Index gained 865.46 points to 83,174.80, the JSE All Jamaican Composite index rose 967.61 points to close at 91,711.58 and the JSE combined index increased 800.44 points to 84,804.11.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 14 stocks with bids higher than their last selling prices and 3 stocks with offers that were lower. The increased numbers, is suggestive of month end and end of quarter moves, by some investors or fund managers to get prices or values of certain stocks up to influence portfolio valuation, rather than a sustained higher interest in the market. Admittedly, the reading since March 18, has been strong with the number of higher bids ranging between 10 and 12.
Carreras gained 95 cents and is heading back above $40
Firm| The stocks in the main market to close without a change in the last traded prices are, Berger Paints trading with 7,496 shares at $1.61, Cable & Wireless dealing in 333,413 units and closing at 50 cents. Caribbean Cement had 30,000 shares changing hands at $2.25, Desnoes & Geddes ending trading with 7,728 units at $5.45 and while exchanging 2,320 units, closed at $6.40.
Declines|The last traded prices of stocks with losses, at the end of trading in the main market are, Jamaica Money Market Brokers, closing with 223,767 units, finishing 24 cents lower at $7.02, Mayberry Investments concluding trading with 11,829 units, 36 cents lower to $2 and Scotia Investments in trading 9,000 units, the price slipped $1 to $22.Preference| Proven Investments 8% preference share and closing with 1,000 shares traded with a gain of 45 cents to $5.50.
Moderate trading on JSE – Wednesday
March 25, 2015 by
Pan Jamaican gained $1.95 to closed at $57 on Wednesday
Main Market| At the close, the JSE Market Index dropped 240.35 points to close at 82,309.34, the JSE All Jamaican Composite fell 268.71 points to close at 90,743.97 and the JSE Combined Index declined by 217.82 points to close at 84,003.67.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 10 stocks with bids higher than their last selling prices and 5 stocks with offers that were lower.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Gleaner closing with 50,000 units and added 5 cents to end at 95 cents. Jamaica Broilers concluding trading with 2,351 shares changing hands, gained 25 cents to $4.30, Pan Jamaican Investment finished trading with 15,330 shares traded with a gain of $1.95 to $57, Sagicor Real Estate Fund closing with 4,650 shares changing hands at 25 cents higher to $6.95 and Scotia Group concluding trading with 84,692 shares with the price rising 5 cents to $21.05.
Firm| The stocks in the main market to close without a change in the last traded prices are, Desnoes & Geddes ending trading with 2,200 shares at $5.45 and Grace Kennedy while having 66,194 shares changing hands closed at $61.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Cable & Wireless closing with 63,730 units, the price ended 2 cents down at 50 cents. Caribbean Cement finishing trading with 26,007 units, as the price slipped 5 cents to $2.25, Carreras ending with 10,560 units 10 cents off to $39, Jamaica Producers in trading 1,150 units, slipped 40 cents to $15.60. Mayberry Investments finishing trading with 40,168 shares changing hands for 2 cents lower at $2.36, National Commercial Bank had 56,063 shares changing hands for 88 cents loss to $24.11 and Sagicor Group contributing 321,714 shares to trading at 4 cents lower to $10.51.
Preference| Jamaica Money Market Brokers 8.75% preference share finishing trading with 4,450 units at $3.04.
Sagicor dominant trade at $53m
March 24, 2015 by
Tuesday’s activity on the Jamaica Stock Exchange, resulted in the prices of 8 stocks rising, 6 declining as 23 securities changed hands, ending in 7,517,895 units trading, valued at $70,926,533, in all market segments. Sagicor Group accounted for $53.4 million of the trades.
Main Market| The JSE Market Index gained 208.93 points to 82,549.69, the JSE All Jamaican Composite index rose 233.59 points to close at 91,012.68 and the JSE combined index gained 203.49 points to end at 84,221.49.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows a strong signal of 12 stocks with bids higher than their last selling prices and only 3 with offers that were lower.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Berger Paints concluding trading with 18,240 shares, gaining of 1 cent to $1.61, Jamaica Money Market Brokers finishing with 1,362,305 ordinary shares changing hands while gaining 31 cents to $7.26, Jamaica Producers closing with 2,412 shares trading 4 cents higher at $16. National Commercial Bank trading 6,225 shares while gaining 49 cents to $24.99, Pan Jamaican Investment finishing with 6,650 units with a gain of 4 cents at $55.05, Scotia Group closing with 255,000 shares traded with a gain of 12 cents to $21 and Supreme Ventures trading in 103,487 shares to end with an increase of 30 cents to $2.30.
Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless there was dealing in 109,310 shares changing hands 52 cents, Caribbean Cement contributing 648 shares trading at $2.30, Desnoes & Geddes ending trading with 26,804 shares at $5.45, Grace Kennedy finishing trading with 6,781 shares at $61, Kingston Wharves while exchanged 1,190 units at $6.40, Scotia Investments closed with 1,540 shares changing hands at $23.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Jamaica Broilers closing with 89,424 units to close lower by 1 cents to $4.05, Kingston Properties finishing trading with 10,000 units as the price slipped 50 cents to $7, Mayberry Investments concluding trading with 100,000 units to close lower by 2 cents to $2.38, Sagicor Group in trading 5,081,242 units as the price slipped 5 cents to $10.55 and Seprod finishing trading with 1,662 shares changing hands 10 cents lower to $12.90.
Preference| Jamaica Money Market Brokers 7.5% preference shares 38,000 shares changing hands $2.
JSE starts week moderately
March 23, 2015 by
Sagicor Group closed at a new 52 weeks’ high
Main Market| At the close the JSE Market Index ended at 82,340.76 with a mere 1.46 point rise, the JSE All Jamaican Composite index closed at 90,779.09 with a gain of 1.63 points and JSE Combined Index finished at 84,018.00 with an increase of 5.70 points.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 11 stocks with bids higher than their last selling prices and 3 with offers that were lower.
Gains| Stocks gaining with last traded prices, at the close of the main market are, Carreras contributing 5,000 shares while gaining 60 cents to end at $39.10. Desnoes & Geddes closing with 50,000 units and gained 14 cents to $5.45, Sagicor Group saw trading in 222,193 shares to gain 14 cents to $10.60 and Scotia Group concluding trading with 24,124 shares to end with an increase of 3 cents to $20.88.
Firm| The stocks in the main market to close without a change in the last traded prices are, Berger Paints in trading a mere 100 shares trading at $1.60, Caribbean Cement finishing trading with 4,002 shares at $2.30. There was dealing in 1,430 Grace Kennedy shares at $61, Jamaica Money Market Brokers having 142,547 ordinary shares changing hands, closed at $6.95, Proven Investments trading 14,797 shares closed at 18 US cents and Sagicor Real Estate Fund closed with 1,000 shares changing hands at $6.70.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Jamaica Broilers finishing with 25,338 units to close lower by 24 cents at $4.06. Jamaica Producers closing with 2,500 units as the price slipped 4 cents to $15.96, National Commercial Bank finishing trading with 237,872 units to close lower by 35 cents at $24.50 and Supreme Ventures concluding trading with 4,100 units as the price slipped 30 cents to $2.Preference| Jamaica Money Market Brokers 8.75% preference shareending trading with 59,000 units at $3.04 and Jamaica Money Market Brokers 7.50% preference share had 750,000 shares changing hands at $2.
JSE’s second day of gains Wednesday
March 18, 2015 by
Wednesday’s activity on the Jamaica Stock Exchange, resulted in the prices of 6 stocks rising, 7 declining as 21 securities changed hands, ending in 1,996,047 units trading, valued at $15,520,825, in all market segments. the market recorded the second day with healthy gains in the main indices.
strong> Main Market| The JSE Market Index gained 377.14 points to 82,533.16, the JSE All Jamaican Composite index rose 421.66 points to close at 90,994.20 and the JSE combined index gained 397.54 points to close at 84,294.53.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 10 stocks with bids higher than their last selling prices and 4 stocks with offers that were lower.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Berger Paints ended with 55,235 shares changing hands to close higher by 5 cents to $1.60, Cable & Wireless closed with 149,271 shares traded with a gain of 3 cents to 53 cents, Carreras finished trading with 101,000 shares changing hands at 5 cents to $38, Jamaica Broilers finishing with 149,600 shares while gaining 40 cents to end at $4.50 and Pan Jamaican Investment closing with 6,154 units to close with a gain of $1.01 to $55.01.
Firm| The stocks in the main market to close without a change in the last traded prices are, Caribbean Cement contributed 7,757 shares trading at $2.30, Desnoes & Geddes ending trading with 80,000 shares at $5.40, Grace Kennedy while exchanged 11,750 shares at $61 and Jamaica Money Market Brokers contributed 2,000 ordinary units at $7.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Barita Investments closing with 25,000 units as the price slipped 1 cent to $2.19, Mayberry Investments finishing trading with 9,523 units to close lower by 4 cents to $2.36 National Commercial Bank concluding trading with 64,013 units as the price slipped 85 cents$24.15, Sagicor Group in trading 557,479 shares trading lower for 3 cents to $10.50, Scotia Group finishing trading with 4,130 shares closed with a loss of 40 cents to $21.10 and Seprod had dealing in 23,069 units with a decline of 5 cents to $12.25.
Preference| Jamaica Money Market Brokers 7.50% preference share close at $2 after trading 503,126 units.
JSE’s healthy climb on Tuesday
March 17, 2015 by
The Jamaica Stock Exchange reported healthy gains in the main indices on Tuesday, resulting from in the prices of 8 stocks rising, 6 declining as 27 securities changed hands, ending with 3,289,252 units trading, valued at $15,185,420, in all market segments.
Main Market| The JSE Market Index gained 456.93 points to 82,156.02, the JSE All Jamaican Composite index rose 510.86 points to close at 90,572.54 and the JSE combined index climbed 363.77 points to close at 83,896.99.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 7 stocks with bids higher than their last selling prices and 4 with offers that were lower.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Jamaica Broilers ended trading with 38,820 shares traded to gain 8 cents to $4.10, National Commercial Bank finishing trading with 47,077 units to close higher by 50 cents to $25. Sagicor Group concluded trading in 206,353 units, to gain of 3 cents at a new 52 weeks closing high of $10.53. Sagicor Real Estate Fund finished trading with 23,188 shares, changing hands 10 cents higher at $6.80, Scotia Group closed with 24,696 units as the price gained 66 cents to $21.50 and Seprod concluding trading with only 683 shares, the price gained 40 cents to end at $12.30.
Firm| The stocks in the main market to close without a change in the last traded prices are, Berger Paints ending with 5,000 shares changing hands at $1.55Caribbean Cement closing with 790 units at $2.30, Desnoes & Geddes trading 1,850 shares to close at $5.40, Gleaner closing with 195,020 shares at 90 cents and Grace Kennedy closed with 9,880 shares changing hands at $61.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Cable & Wireless contributed 548,061 shares changing hands 1 cent to 50 cents, Carreras had dealing in 41,876 shares at 5 cents to $37.95 and Jamaica Money Market Brokers while exchanging 795,562 shares at 10 cents to $7.
Preference| Jamaica Money Market Brokers 7.50% preference share finishing trading with 665,000 shares units at $2,Jamaica Money Market Brokers 8.75% preference share finished trading with 38,750 shares to close at $3 and Proven Investments 8% concluding trading with 48,000 shares traded at $5.05.