In Friday’s trading on the Jamaica Stock Exchange the prices of 8 stocks rose and 5 declined as 20 securities changed hands resulting in 1,746,200 shares trading valued at $24,040,907.
Main Market| The JSE Market Index gained just 56.60 points to 70,096.77 and the JSE All Jamaican Composite moved up a mere 63.30 points to end at 77,089.13.
Gains| Stocks recording gains at the end of trading in the main market are Jamaica Broilers with 1,229 units to close with a gain of 3 cents at $4.60, Pan Jamaican Investment 310,586 shares, gaining 5 cents to close at $48.06, Sagicor Group with 1,000 shares to close of 50 cents higher at $9, Sagicor Real Estate Fund 14,350 shares to close with a gain of 2 cents at $6.10, Scotia Group with 403,811 shares closed 1 cents higher at $19.
Firm| The stocks in the main market to close without a change in price are Jamaica Money Market Brokers with 15,900 shares closing at $6.70, Kingston Wharves 20,295 units changing hands to close at $5.02, Proven Investments 3,790 units to close at 18 US cents, Pulse Investments 60,000 units to close at 30 cents.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 35,500 units to close at $3.03 and Proven Investments 8% preference share traded 2,000 units to close at $5.08.
Declines| The number of stocks that declined in the main market are Barita Investments with 15,976 units as the price slipped 13 cents to close at $2.20, Cable & Wireless with 480,786 shares to lose 3 cents in closing at 31 cents, Caribbean Cement 22,040 units as the price lost 20 cents to close at $2.30 and National Commercial Bank ended at $18.01 for a 2 cents fall, as 21,322 units traded.
Junior Market| The JSE Junior Market Index edged up by 11.44 points to close at 720.30 with only 5 securities traded, with 3 advancing and 1 declining.
Gains| Stocks recording gains at the end of trading in the junior market are Caribbean Producers with 1,000 units to close with a 5 cents increase at $2.70, Lasco Distributors with 48,000 units to gain 10 cents to end at $1.30 and Lasco Manufacturing with 276,875 shares as it gained 4 cents to end at $1.10.
Firm Trades| The only stock in the junior market stocks that traded to close at the same price as the previous trading day is Lasco Financial Services with 3,000 units to close at $1.
Declines| Dolphin Cove traded 8,740 units to close at $8.50 while shedding a cent, was the only stock in the junior market to decline.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than the last selling price and 3 stocks with offers that were lower.
Pick up in market activity
Trading picked up over Mondays levels in Tuesday’s trading on the Jamaica Stock Exchange with the prices of 7 stocks rising and 8 declined as 30 securities changed hands resulting in 6,769,006 shares trading valued at $93,106,961.
Main Market| The JSE Market Index inching up by 68.50 points to 69,499.13 and the JSE All Jamaican Composite index moved up 76.59 points to close at 76,420.86
Gains| Stocks recording gains at the end of trading in the main market are Caribbean Cement trading of 10,000 shares to close with a gain of 20 cents at $2.95, Carreras gained 50 cents to close at $34 with 1,100 units changing hands, Kingston Wharves with 216,216 shares as the price gained 10 cents to close at $5, National Commercial Bank with 173,550 shares to close with a gain of $1.20 at $18.50 and
Scotia Group with 428,791 units to close with a gain of 50 cents to end at $19.
Firm| The stocks in the main market to close without a change in price at the end of trading are Berger Paints with 6,161 units to close at $1.66, Cable & Wireless 856,277 shares to close at 30 cents, Desnoes & Geddes with 2,500 units to close at $4.50, Gleaner 11,000 shares in closing at $1.10, Jamaica Producers with only 2,462 units to close at $15.60, Mayberry Investments 22,846 units to close at $1.45, prior to the close the stock hit a new 52 weeks intraday low of $1.35, Radio Jamaica 9,549 units to close at $1.29, Scotia Investments with 15,950 units to close at $21.50 and Supreme Ventures 2,500 units traded to close at $1.90.
Preference| Jamaica Money Market Brokers 7.50% preference share traded 48,750 units to close at$2 and the Jamaica Money Market Brokers 8.75% preference share 558,109 units to close at $3.03.
Declines| The number of stocks that declined in the main market are Grace Kennedy with 480,829 shares valued at $25,940,725 traded to close down 5 cents at $53.95, Jamaica Money Market Brokers 62,200 units lost a cent to end at $6.65, Proven Investments traded 2,470,874 shares lost 2 US cents to close at 16 us cents, Sagicor Group with 776,336 shares lost 8 cents to end at $8.80 and Salada Foods with 1,000 shares lost 20 cents to end at $7.80.
Junior Market| The JSE Junior Market Index declined by 7.03 points to close at 707.51 as 9 stocks traded with 2 advancing and 3 declining.
Gains| Stocks recording gains at the end of trading in the junior market are Dolphin Cove with 700 units to close a gain of a cent to end at $8.51 and Jamaican Teas with just 1,383 units as the price inched up by 5 cents to end at $3.30.
Firm Trades| The stocks in the junior market stocks that traded to close at the same price as the day before are Access Financial with 6,500 units to close at $13.50, Blue Power 1,900 units to close at $9.01
Caribbean Producers with 231,000 units to close at $2.65 and Consolidated Bakeries 9,910 units to close at 80 cents.
Declines| Stocks declining in the junior market at the end of trading are with Lasco Distributors trading 7,800 shares to close 2 cents down to $1.18, Lasco Financial 153,913 shares with the price falling 7 cents to close at $1 and Lasco Manufacturing with 198,900 shares close with a 3 cents fall to $1.07.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than the last selling price and 4 stocks with offers that were lower.
Advancing stocks dominant
In Monday’s trading on the Jamaica Stock Exchange advancing stocks was most dominant as June started with price mostly up with the prices of 14 stocks recording gains and 5 declined as 30 securities traded resulting in 3,459,512 shares trading valued at $16,201,075. There was one new all-time high at the end of trading as Access Financial recorded a $1.50 increase.
Main Market| The price of 10 companies in the main market rose and only 3 declined as the indices moved up with the JSE Market Index rising by 312.54 points to 70,570.46 and the JSE All Jamaican Composite index moved up by 349.47 points to close at 77,618.79.
Gains| Stocks recording gains at the end of trading in the main market are Barita Investments 1,150,000 shares and rose 9 cents to close at $2.34, Carreras with 11,652 units trading closed with a gain of$1.05 at $35.25, Desnoes & Geddes gained 5 cents to close at $4.30 with 11,025 units changing hands, Gleaner with 20,000 shares closed up by 2 cents at $1.12, Jamaica Broilers 69,833 shares an d gained a cent to close at $4.71, Mayberry Investments 1,122 units and gained 6 cents to close at $1.76, National Commercial Bank had 17,894 shares trading up by 5 cents to close at $17.50 after trading as low as $16.55 before the close, Pan Jamaican Investment put in only 507 units to close at $48.42 for a 2 cents rise, Radio Jamaica had 3,500 shares changing hands with a cent gain to close at $1.30 and Sagicor Group traded 851,708 units to close at $9.30, up 35 cents.
Firm| There were only 4 ordinary stocks in the main market to close without a change in price as Berger Paints with 3,592 units and closed at $1.66, Cable & Wireless with 293,293 shares changing hands to close at 28 cents but traded as high as 32 cents during trading. Grace Kennedy traded 2,561 units and closed at $54, Scotia Investments had 700 shares trading and closed at $23 after profits results to April quarter showed a 12 percent increase to $415 million and Seprod with only 124 units and closed at $10.50.
Preference shares| There were a series of preference shares trading on the market with Jamaica Money Market Brokers 7.50% preference share having 50,000 units changing hands and closed at $2, Jamaica Money Market Brokers 8.75% preference share 651,500 units and closed at $3.03, followed by Jamaica Public Service 5% C preference share, 500 units to close at 36 cents and Jamaica Public Service 5% D preference share, 8,945 units to close at 35 cents.
Declines| The number of stocks that declined in the main market are Caribbean Cement with 1,500 to close at $2.70 with a decline of 15 cents, Jamaica Producers traded just 270 shares as the price eased by a cent to close at $18.24 and Scotia Group with 109,330 units to close at $19.07 after shedding 53 cents following the release of six months showing a 16 percent decline in profits to $2.28 billion for the in the April quarter from a one percent fall in revenues and a decline of profit after tax for the six months of $4.7 billion versus $5.3 billion in 2013.
Junior Market| The JSE Junior Market Index gained 11.60 points to close at 733.31 as 8 stocks traded with 4 advancing and 2 declining.
Gains| Stocks recording gains at the end of trading in the junior market are Access Financial traded 7,765 shares and gained $1.50 to close at $13.50 for a new all-time high, Caribbean Cream with 100,000 to close a cents higher at 75 cents, Caribbean Flavours put on a cent to close at $2.51 while trading 38,500 units and General Accident Insurance with 10,191 units gained 2 cents to close at $1.52.
Firm Trades| The stocks in the junior market stocks that traded to close at the same price as the day before with AMG Packaging having 1,500 units trading to close at $3.30 and Lasco Financial 5,000 shares and closed at $1.15.
Declines| Stocks declining in the junior market at the end of trading are Honey Bun 2,000 units to close with a 3 cents fall to $3.02 and Lasco Manufacturing with 35,000 shares to close at $1.10 down 2 cents after full year results to March this year was down to $584.45 million or 14 cents per share compared with $640 million for 2013.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than the last selling price and 4 stocks with offers that were lower
Jamaica stocks fall again
In Friday’s trading on the Jamaica Stock Exchange there were more prices declining than rising as 24 securities traded, 6 stocks rose and 10 declined resulting from 3,903,650 shares trading valued at $25,770,886.
Main Market| 5 companies in the main market advanced and 8 declined as the indices lost altitude with the JSE Market Index erasing 599.73 points to close at 70,257.92 and the JSE All Jamaican Composite index falling 670.61 points to close at 77,269.32.
Gains| Stocks recording gains at the end of trading in the main market are Carreras in exchanging 326,379 shares to close with a gain of 20 cents at $$34.20, Mayberry Investments with 4,280 shares changing hands, gained 5 cents to close at $1.70, Sagicor Group with 78,268 units changing hands, rose by 5 cents to end at $8.95, Sagicor Real Estate Fund had just 710 units changing hands at $6.70 for a 20 cents gain and Scotia Group with 102,134 shares closed at $19.60 with a 60 cents gain, minutes before trading ended.
Firm| There were only 5 stocks in the main market to close without a price change as Cable & Wireless with 122,189 shares changing hands closed at 28 cents, Gleaner traded 50,000 units and closed at $1.10, Jamaica Money Market Brokers traded only 2,700 shares in closing at $7, followed by Jamaica Money Market Brokers 7.50% preference share with 154,000 units to end at $2 and the Jamaica Money Market Brokers 8.75% preference share traded 141,925 shares to close at $3.03.
Declines| The number of stocks that declined in the main market are Barita Investments with 5,000 shares to close at $2.25 while losing 5 cents, Desnoes & Geddes 28,300 units to close at $4.25 with the price slipping by 20 cents, Grace Kennedy traded 69,030 to close a cent lower at $54, Jamaica Broilers 24,927 shares to close at $4.70 while losing 5 cents, Jamaica Producers traded only 2,700 units in closing at $18.25 with a fall of a cent, National Commercial Bank 159,772 shares to close at $17.45, down 5 cents, Scotia Investments had 44,161 shares changing hands to close at $23 falling back by the same amount it gained the previous day of $2.49 and Supreme Ventures 60,000 units in closing at $2 but fell by a cent.
Junior Market| The JSE Junior Market Index declined by 1.33 points to close at 721.71 as only 6 stocks traded with one advancing and 2 declining.
Gains| Lasco Manufacturing traded 2,429,994 shares to close at $1.12 and gained 2 cents as the only stock to record a gain in the junior market.
Firm Trades| The stocks in the junior market stocks that traded to close at the same price as the previous trading day are Consolidated Bakeries which traded just 1,000 units to close at 80 cents, Jamaican Teas 15,839 shares as the price closed at $3.21 and Lasco Financial put through 14,400 units at $1.15.
Declines| Stocks declining in the junior market at the end of trading are Blue Power with 50,942 shares to close at $9.01 with 9 cents decline and Caribbean Producers 15,000 units to close down 10 cents at $2.65.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than the last selling price and 4 stocks with offers that were lower.
Market records more gains
In Thursday’s trading on the Jamaica Stock Exchange the prices of 10 stocks rose, 5 declined as 25 securities traded resulting in only 1,688,152 shares changing hands valued at a mere $4,985,668.
Main Market| 6 companies in the main market recorded gains following yesterday’s moderate recovery, 4 declined with the indices recording moderate gains as the JSE Market Index rose 462 points to 70,857.65 and the JSE All Jamaican Composite index recovered 516.61 points to close at 77,939.93.
Gains| Stocks recording gains at the end of trading in the main market are Cable & Wireless with 230,108 units changing hands with a cent increase to close at 28 cents, Caribbean Cement 14,250 shares to close up by 34 cents at $2.85, Carreras 500 shares to close with a gain of 50 cents to $34, Desnoes & Geddes 100 shares to close at $4.45 with a 15 cents gain, Grace Kennedy with 6,600 units closed at $54.01, just a cent ahead of the previous day’s close and Scotia Investments 17,000 shares to close with an increase of $2.49 to end at $25.49.
Firm| There were only 5 stocks in the main market to close without a change in price with Jamaica Broilers trading 18,000 shares in closing at $4.75, Jamaica Money Market Brokers 25,000 units and closed at $7, Jamaica Money Market Brokers 7.50% preference share, traded 50,000 units and closed at $2 and the 8.75% preference share 152,194 units and closed at $3.03 as National Commercial Bank put in 32,397 units and closed at $17.50.
Declines| The number of stocks that declined in the main market are Jamaica Money Market Brokers 8.50% preference share with 10,000 units as the price closed with a loss of a cent to end at $3.50, followed by Mayberry Investments with 428,310 shares as the price closed at $1.65 with a 6 cents decline for a new 52 weeks low, Sagicor Group with 12,555 shares to close at $8.90 for a 10 cents drop and Scotia Group 37,016 units as the price ended at $19 with a fall of 30 cents.
Junior Market| The JSE Junior Market Index rose by 2.74 points to close at 723.04 as 10 stocks traded with 4 advancing and one declining.
Gains| Stocks recording gains at the end of trading in the junior market are Blue Power with 10,202 units to close at $9.10 with an increase of 9 cents, Caribbean Producers with 30,388 units changing hands to close at $2.75 for 10 cents gain, Lasco Financial 5,915 shares as the price rose 2 cents to end at $1.15 and Lasco Manufacturing with 313,059 units to close at $1.10 with a 5 cents gain.
Firm Trades| 5 stocks in the junior market traded to close at the same price as the day before with Cargo Handlers trading 4,227 units to close at$14.01, Derrimon Trading with 20,450 units to finish at $2.28, Dolphin Cove 1,500 shares to close at $8.50, Lasco Distributors exchanging 126,839 shares to close at $1.35 and Medical Disposables closing with 121,542 shares at $2.
Declines| Jamaican Teas with 20,000 shares changing hands while losing 28 cents as the price settled at $3.21 was the only stock declining in the junior market at the end of trading.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than the last selling price and 5 stocks with offers that were lower.
Portfolio adjustment pressure prices
A realignment of pension portfolio following the merger of Sagicor Investments with Sagicor Group In placed pressure on the prices of some stocks as the pension fund disposed of shares to bring the portfolio in line with the pension requirement. The realignment was not completed at the end of trading IC Insider sources advised.
In trading on the Jamaica Stock Exchange the prices of a mere 3 stocks rose and 10 declined as 23 securities traded resulting in 8,747,969 shares trading valued at $91,511,864.
Main Market| Only 2 companies in the main market rose and 8 declined as the indices lost altitude for yet another day with the JSE Market Index inching fell by 925.16 points to 71,355.85 and the JSE All Jamaican Composite index erased 1,034.48 points to close at 78,497, this is the lower the index has reached since December 20 last year went it closed at 78,575.66.
Gains| Stocks recording gains at the end of trading in the main market are Barita Investments with 3,780 shares to close with a gain of a cent to end at $2.30 followed by Seprod with 98,565 units changing hands as the price closed with a 20 cents gain at $11.
Firm| There were only 5 stocks in the main market to close without a change in price with Berger Paints trading 65,394 shares as the price closed at $1.67, Grace Kennedy with 56,859 units and closed at $55, Jamaica Money Market Brokers 8.75% preference share 128,400 units to close at $3.03, Kingston Wharves 5,000 shares to close at $5 and Mayberry Investments with 66,992 units in closing at $1.71.
Declines| The number of stocks that declined in the main market are Cable & Wireless 62,277 shares while losing 4 cents to close at 35 cents, Carreras traded 1,329 units at $35.26 while losing 54 cents, Hardware & Lumber 20,000 shares to close down 20 cents at $10, Jamaica Broilers 1,486,786 units in closing at $4.70 for a 5 cents fall, National Commercial Bank 2,614,665 units to close down 56 cents at $17, Sagicor Group 3,508,391 as the price lost 30 cents to end at $9, Scotia Group with 95,460 shares with the price closing down by 30 cents at $19.30 and Scotia Investments 28,235 units to close at $23.10 with a 40 cents fall.
Junior Market| The JSE Junior Market Index declined by 0.74 points to close at 730.97 as 8 stocks traded with 1 advancing and 2 declining.
Gains| The only stock recording gain at the end of trading in the junior market is General Accident with 10,000 units to close at $1.50 with a 2 cents rise.
Firm Trades| 5 stocks in the junior market stocks that traded to close at the same price as the day before with Caribbean Producers exchanging 540 shares to close at $2.75, Consolidated Bakeries 301,953 shares to end at 80 cents, Knutsford Express Services 37,868 shares at $5.16, Lasco Financial Services 2,500 units to close at $1.15 and Paramount Trading 2,575 units to close at $2.68.
Declines| Stocks declining in the junior market at the end of trading are Caribbean Cream traded 100,000 units to close at 70 cents with a 3 cents fall and Lasco Manufacturing with 50,400 units lost 2 cents to close at $1.12.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than the last selling price and 6 stocks with offers that were lower.
Declines more than gains
In Thursday’s trading on the Jamaica Stock Exchange the prices of 4 stocks rose, 6 declined and 14 traded remained unchanged as 24 securities traded resulting in 13,949,574 shares trading valued at $90,497,198.
Main Market| 4 companies in the main market advanced and 3 declined as the indices lost ground with the JSE Market Index inching fell by 571.31 points to 72,281.01 and the JSE All Jamaican Composite index lost 638.83 points to close at 79,531.48.
Gains| Stocks recording gains at the end of trading in the main market are Cable & Wireless trading 300,000 shares to close with a gain of 5 cents at 39, Jamaica Broilers 4,019,136 shares valued at $18,899,952 and closed 5 cents higher at $4.75, Scotia Group gained 2 cents to close at $19.60 with 139,656 shares changing hands and Seprod with only 1,000 units to close up 5 cents at $10.80.
Firm| There were 8 stocks in the main market to close without a change in price Berger Paints with 3,480 shares units in closing at $1.67, Caribbean Cement 1,133 shares with the price closing at $3, Carreras with 6,295 shares to close at $35.80, Jamaica Money Market Brokers 7.50% preference share, 347,829 units in closing at $2, Proven Investments 300 shares while closing at 18US cents, Radio Jamaica 7,025 units in closing at $1.29, Scotia Investments 665 shares to close at $23.50 and Supreme Ventures 45,900 units in closing at $2.
Declines| The number of stocks that declined in the main market are Jamaica Money Market Brokers with 167,634 shares to close at $7.10 while falling 11 cents, National Commercial Bank traded 38,099 units to end at $17.56 with 24 cents fall and Sagicor Group 5,351,670 units valued at $49,768,031 to close with a 20 cents fall to $9.30.
Junior Market| The JSE Junior Market Index declined by 4.79 points to close at 731.71 as 9 stocks traded with none advancing and 3 declining.
Firm Trades| The stocks in the junior market stocks that traded to close at the same price as the day before are Access Financial with 3,005 shares to close at $12, Caribbean Cream 50,000 units in closing at 73 cents, Caribbean Flavours 1,936 shares with the price ending at $2.50, Caribbean Producers only 1,072 units in closing at $2.75, Knutsford Express with 3,019,025 shares valued at $15,577,980 to close at $5.16 and Lasco Distributors with 7,504 units in closing at $1.40.
Declines| Stocks declining in the junior market at the end of trading are Consolidated Bakeries 289,710 units to close at 80 cents for a new 52 weeks low as the price slipped by 10 cents, Lasco Financial with 43,000 units to end at $1.15 with a 10 cents decline and Lasco Manufacturing with 104,500 units to close a cent down at $1.14.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than the last selling price and 3 stocks with offers that were lower.
Declining stocks dominate trade
The Jamaica Stock Exchange continues to lose ground with more stocks falling than rising as the prices of only 5 stocks rose and 12 declined with 25 securities traded resulting in 2,034,342 shares trading valued at $8,897,265 but the junior market index rose although the two main market indices fell.
Main Market| Only 2 companies in the main market advanced at the end of trading and one from the US dollar market and 6 declined as the indices moved down with the JSE Market Index erasing 432.21 points to close at 72,697.29 and the JSE All Jamaican Composite index lost 483.28 points to close at 79,996.96.
Gains| Stocks recording gains at the end of trading in the main market are Cable & Wireless in trading 51,164 shares to close with a gain of 2 cents at 34 cents, Margaritaville gained 2 US cents to close at 12 US cents with 340 units changing hands for the first time since listing to close at a new high and Sagicor Group swapped 177,506 units 5 cents higher to end at $9.30.
Firm| There were 6 stocks in the main market to close without a change in price with Grace Kennedy trading 1,000 units and closed at $55, Jamaica Broilers 156,467 shares closing at $4.70, National Commercial Bank 25,550 shares to close at $18, Radio Jamaica 30,895 shares closing at $1.29, Sagicor Real Estate Fund 4,940 units in closing at $6.60, Scotia Group 109,624 shares to close at $19.70.
Declines| The number of stocks that declined in the main market are Caribbean Cement with 30,316 shares while losing 20 cents to end at $3.30, Carreras 11,000 shares to close at $34.75 with a $1.20 decline, Gleaner 74,821 stock units to close with a cent down at $1.10, Pan Jamaican Investment as it traded 15,486 shares to close at $48.10 with the price falling by 40 cents, Salada Foods down by 10 cents while trading 2,830 units at $7.90, Scotia Investments 10,635 shares to close at $23.50, a decline of $2 and Supreme Ventures 316,847 stock units to close with a loss of 10 cents to $2 for a new 52 weeks low.
Junior Market| The JSE Junior Market Index rose 3.56 points to close at 729.12 as only 9 stocks traded with 2 advancing and 2 declining.
Gains| Stocks recording gains at the end of trading in the junior market are Jamaican Teas with 49,530 units to close at $3.45 as the price rose by 24 cents and Lasco Financial Services traded 31,500 shares to close 5 cents higher at $1.15.
Firm Trades| The 2 stocks in the junior market stocks that traded to close at the same price as the day before are Caribbean Producers with 50,000 shares closing at $2.73 and Lasco Distributors with 222,054 units to close at $1.40.
Declines| Five stocks declined in the junior market at the end of trading are AMG Packaging in trading 5,000 units to close at $3.30, down 19 cents, for a 52 weeks low, Caribbean Flavours with 53,065 units to close with a 20 fall to $2.50, followed by Consolidated Bakeries 157,299 as the price declined by 18 cents in light of the reduced profits reported for the March quarter to end at 92 cents. The company saw profits fall 48 percent to $7.4 million in the March quarter from reduced gross profit margin in spite of a 14 percent rise in sales revenues to $197 million. General Accident 200,198 shares to close at $1.48 with a one cent fall and Lasco Manufacturing that is expected to report final results for the year to March by the end of May traded 246,275 units to close with a one cent loss at $1.14.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than the last selling price and 5 stocks with offers that were lower.
6 up 6 down on JSE
In Monday’s trading on the Jamaica Stock Exchange the prices of 6 stocks rose and 6 declined with only 22 securities traded, resulting in 3,971,989 shares changing hands valued at $29,955,354.
Main Market| The prices of 5 companies in the main market rose and 5 declined as the indices moved down with the JSE Market Index falling by 252.47 points to 73,129.50 and the JSE All Jamaican Composite index erasing 282.31 points to close at 80,480.24.
Gains| Stocks recording gains at the end of trading in the main market are, Barita Investments with 30,000 shares to close 30 cents higher at $2.30, Cable & Wireless with 745,680 units changing hands as the price gained a cent to close at 32 cents, Carreras closed up by $1.20 to end at $35.95 with 51,728 shares changing hands, Gleaner’s price put on a cent while trading 4,665 units to close at $1.11 and Scotia Group traded 933,985 units as the price gained 14 cents to end at $19.70.
Firm| There were 7 stocks in the main market that closed without a change in price as Grace Kennedy with 37,200 shares closed at $55, Jamaica Broilers exchanged 5,920 units to close at $4.70, Jamaica Money Market Brokers 8.75% preference share traded 231,500 units to close at $3.03, Mayberry Investments put through 23,356 shares to close at $1.75, National Commercial Bank had 74,558 shares trading to close at $18, Sagicor Group with 88,440 shares in closing at $9.25 and Seprod with 35,000 shares as the price ended at $10.75.
Declines| The number of stocks declining in the main market are Caribbean Cement with 330,768 shares while losing 5 cents to end at $3.50. Jamaica Money Market Brokers traded 29,800 ordinary shares as the price eased 4 cents to $7.26, Kingston Wharves traded 11,823 shares to close 50 cents off, at $5, followed by Pan Jamaican Investment with 17,272 units to close at $48.50 with a 10 cents decline and Pulse Investments with 400,000 shares at a new 52 weeks low of 30 cents as the price dropped 50 percent or 30 cents.
Junior Market| The JSE Junior Market Index declined by 2.69 points to close at 725.56 as only 5 stocks traded with one advancing and one declining.
Gains| Lasco Distributors was the sole stock to gain in the junior market on Monday with 100,200 units to close at $1.40 up by 5 cents.
Firm Trades| The stocks in the junior market that traded to close at the same price as the previous trading day are Caribbean Producers with 158,094 units at $2.73, Lasco Financial Services 500,000 shares to close at $1.11 and Lasco Manufacturing with 62,000 shares to end at $1.15.
Declines| Only one stock declined in the junior market at the end of trading with Jamaican Teas exchanging 100,000 units to close at $3.21 having lost 29 cents.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had only 2 stocks with the bid higher than the last selling price and 7 stocks with offers that were lower.
Main market closes week up slightly
In Friday’s trading on the Stock Exchange, the prices of 4 stocks rose and 8 declined as 24 securities traded resulting in 6,969,870 shares changing hands, valued at $58,489,956. Main Market| Only 4 companies in the main market advanced in price and 3 declined as the indices closed up with the JSE Market Index rising by 319 points to 73,381.97 and the JSE All Jamaican Composite index gaining 356.70 points to close at 80,762.55.
Gains| Stocks recording gains at the end of trading in the main market are Cable & Wireless with 17,115 units changing hands to close at 31 cents with a one cent gain, Caribbean Cement with 16,500 stock units to close at $3.55, up by 4 cents, Kingston Wharves 8,396 shares to close at$5.50 for a 50 cents gain and Scotia Investments with 2,200 shares to close up by $1 at $25.50.
Firm| The stocks in the main market to close without a change in price are Berger Paints with 50,444 shares to close at $1.67, Carreras with 3,650 stock units to close at $34.75, Grace Kennedy 2,000 stock units to close at $55, Hardware & Lumber 4,000 shares to close at $10.20, Jamaica Money Market Brokers 8.75% preference share, 145,400 units to end at $3.03, Mayberry Investments 2,761 units to close at $1.80, Pan Jamaican Investment 1,000 shares to close at $48.60, Proven Investments 900 ordinary shares to close at 18 US cents and Proven Investments 8% preference share with 5,000 units to end at $5.09.
Declines| The number of stocks that declined in the main market are Barita Investments with 52,500 shares while closing at $2 with a 30 cents fall, Jamaica Broilers 3,000,000 units and closed at $4.70 with a one cent loss and Jamaica Money Market Brokers with 231,503 ordinary shares to close at $7.30 down by 11 cents.
Junior Market| The JSE Junior Market Index declined by 5.06 points to close at 728.25 with only 6 stocks traded, none advanced and 3 declined.
Firm Trades| Stocks in the junior market that traded to close at the same price as the day before are Access Financial with 4,900 shares to end at $11.50, Dolphin Cove with 5,529 units and closed at $8.10, Paramount Trading 32,722 units to close at $2.68.
Declines| Stocks declining in the junior market at the end of trading are Caribbean Producers that traded 220,900 units to close at $2.73 down 2 cents, General Accident with 19,798 shares to close at $1.49 with a loss of a cent and Lasco Manufacturing with 16,800 stock units to close at $1.15 with a 1 cent fall.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than the last selling price and 5 stocks with offers that were lower.