Carreras — Page 160

New high for JSE with more to come

April 3, 2018 by IC Insider.com

The JSE main market closed at a new high on Tuesday with indicators pointing to more gains ahead as the market moves gradually upwards.

Jamaica Stock Exchange main market stocks continued on their upward climb as bullish sentiments exert upward pressure and steering the market higher, landed it at new closing high on Tuesday with more gains to come.
The main market closed with moderate trading of 2,989,332 units valued at $34,924,721, flowing from 27 securities changing hands, with 9 rising, 10 falling and 7 trading firm. At the end, the JSE All Jamaican Composite Index rose 1,341.98 points to end at a record closing high of 324,609.33 and the JSE Index advanced by 1,222.70 points to a new closing record high of 295,755.80.
In market activity, Barita Investments closed at $9.50, with 1,317 shares trading, Cable & Wireless concluded trading with a loss of 10 cents at $1.20, with 143,146 units, Carreras finished 10 cents higher at $10.70, with 102,432 shares, Caribbean Cement settled $1 higher at $36, with 112,607 shares, Grace Kennedy traded 1,496 stock units in rising $1 to end at $49. Jamaica Broilers finished trading with a loss of 50 cents at $20.50, in exchanging 198,187 units, Jamaica Producers closed with a loss of 88 cents at $15.12, with 6,207 shares, Jamaica Stock Exchange ended 25 cents higher at $6.95, with 6,248 shares, JMMB Group concluded trading with a loss of 40 cents at $25.60, as 5,739 shares changed hands. Kingston Properties finished 15 cents higher at $6.40, with 5,000 stock units, Mayberry Investments ended trading 88 cents higher at $6.42, with 36,780 shares, NCB Financial Group fell by $1.51 to $97.49, with 21,004 shares trading, 1834 Investments rose 1 cent to $1.20, with 37,871 shares. 138 Student Living ended at $5.50, with 8,500 shares, changing hands. Palace Amusement rose $100 and closed at $1,100, with 100 stock units trading, PanJam Investment ended with a loss of 35 cents at $42.65, with 1,351 units, Radio Jamaica settled 8 cents higher at $1.09, with 102,002 shares, Sagicor Group lost 35 cents to end at $36.15, with 75,366 stock units. Sagicor Real Estate Fund ended trading at $15.49, with 300 shares. Scotia Group finished at $53.99, with 1,985 shares changing hands, Seprod closed at $33, with 30,103 shares, Supreme Ventures concluded trading with a loss of 20 cents at $11.70, after 83,750 stock units were exchanged, Victoria Mutual Investments finished with a loss of 44 cents at $4.05, with 474,525 units and Wisynco Group settled with a loss of 34 cents at $10.50, with 1,520,527 shares. In the main market preference segment, Jamaica Money Market 7.5% traded at $1.99, with 1,193 stock units, JMMB Group 7.5% closed at $1.02, with 11,396 shares.
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 majors on Tuesday.”

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Money Market Brokers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB, JMMB Group, Kingston Properties, Mayberry Investments, NCB Financial Group, PANJAM Investment, Proven Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Seprod, Supreme Ventures, Trading Activity, Victoria Mutual Investments, Wisynco

Jamaica’s company taxes jump 23%

April 3, 2018 by IC Insider.com

Corporate taxes continue to be a star performer for Jamaica government revenues, having increased their input by a strong 23 percent over forecast, to February.
According to the government fiscal report, businesses paid $34 billion in corporate taxes to February or just over $6 billion more than projected. In spite of that level of performance, PAYE contributed more in taxes, at $48 billion even as government raised the threshold to $1.5 billion for individuals and cutting around $25 billion in the individual tax bill.
Corporations will be making big payments in March that should hike the amount they will pay for the fiscal year to be well ahead of the February figure. The forecast at the start of the fiscal year, was for a total take of $50.6 billion compared to $46 billion for 2016. The forecast for 2018/19 is for an intake of $63.9 billion or an increase of 26 percent over the 2018 forecast. If the trend for the just concluded fiscal year holds to March, the projected increase for the new fiscal would be just around $3 billion.

Scotia Group to contribute most to 2017/18 corporate taxes

Other areas performing well above budget projections include, Travel taxes up by 12.5% to $17.5 billion, GCT on local goods and services 4.8 percent to $83 billion, Education taxes up 6 percent to $24 billion and special consumption taxes on local goods up 10 percent to $26 billion.
Listed companies will contribute around $21 billion to the corporate tax take for the just concluded fiscal year according to data taken from financial statements. The bulk of the listed companies’ contribution will come from Scotia Group with $5.7 billion, NCB Financial $5 billion, Sagicor Group $2.9 billion, Carreras just over $1 billion, Grace Kennedy around $1 billion, JPSCo and JMMB Group just under $1 billion. Other billion dollar contributors should include Desnoes and Geddes and Wray and Nephew.

Filed Under: Company News, Economy, General Business News Tagged With: Carreras, Desnoes and Geddes’, Emerging markets, Jamaican stocks, JMMB Group, NCB, Sagicor Group, Scotia Group, Wray and Nephew

JSE in big Holy Thursday recovery

March 29, 2018 by IC Insider.com

Caribbean Cement dropped $4.54 on Thursday.

The main market Jamaica Stock Exchange jumped 2,405.36 points to 323,267.35 on Thursday while the JSE Index climbed 2,191.55 points to 294,533.10, as advancing stocks out did declining ones on the last trading day for April.
Trading closed with 32 securities changing hands, up from 27 on Wednesday, leading to 16 advancing, 10 declining and 6 trading firm, in the main and US dollar markets. Securities closing with sizable price changes include, including a drop of $4.94 in Caribbean Cement to $35, Grace Kennedy traded with a loss of $1.45 to $48, Jamaica Broilers rose $1 to an all-time high of $21, Jamaica Producers added $1.05 to end at $16, Kingston Wharves gained $2 at in trading at $40, PanJam Investment recovered from the sharp fall of $10.10 on Wednesday, jumping $11 to $43 and a surge of $3.14 in Scotia Group pushed the closing price to $53.99.

Jamaica Broilers closed at a record high on Thursday.

Main market activity ended with 11,248,457 units valued at over $130,109,783 compared to 5,013,846 units valued at $96,400,279 changing hands on Wednesday. Ciboney Group traded 3,892,538 units for 34.61 percent of the day’s volume followed by Wisynco Group with 1,877,516 units or 16.69 percent of the overall market volume, Kingston Wharves with 1,224,813 units or 10.89 percent of stocks traded, Carreras traded 847,800 units and Victoria Mutual Investments closed trading with 731,119 shares changing hands.
Trading resulted in an average of 387,878 shares valued at $4,486,544, for each security traded, compared to 192,840 shares valued at $3,707,703 on Wednesday. For the month to date, an average of 626,526 units with an average value at $20,492,207 traded, compared to 639,063 units with an average value at $20,361,477 changing hands on the previous trading day. In contrast, February closed with an average of 213,336 units, valued at $3,392,475 for each security traded.
The US dollar market closed on Thursday with 51,494 units valued at over US$26,317. Productive Business Solution traded 43,029 units with rise of a fraction of a cent, to close at 58 US cents Proven Investments closed trading with 7,170 units at 20 US cents and Margaritaville (Turks) ended with 1,295 units trading and fell 5 US cents to 20 US cents. The market index closed with a fall of 6.32 points to 161.45.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 12 stocks ended with bids higher than their last selling prices and 2 with a lower offers.
For more details of market activities see – Sharp price changes continue on JSE main market – Thursday.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Carreras, Ciboney, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Kingston Wharves, Margaritaville, NCB Financial, PANJAM Investment, Productive Business Solution, Proven Investments, Scotia Group, Trading Activity, Victoria Mutual Investments, Wisynco Group

Big price changes continue for JSE majors – Thursday

March 29, 2018 by IC Insider.com

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Jamaica Stock Exchange main market activity, closed on Thursday with more sharp price movements, including a drop of $4.94 in Caribbean Cement, a $11 jump in the price of PanJam Investment and a surge of $3.14 in Scotia Group share price.
The main market closed with 11,248,457 units valued at $130,109,783 flowing from 27 securities changing hands, with 15 securities rising, 9 falling and 3 trading firm. At the end, the JSE All Jamaican Composite Index surged 2,405.36 points to 323,267.35 and the JSE Index jumped 2,191.55 points to 294,533.10.
In main market activity, Barita Investments closed at $9.50, with 14,730 shares trading, Cable & Wireless concluded trading 14 cents higher at $1.30, with 563,032 units, Carreras finished with a loss of 30 cents at $10.60, with 847,800 shares, Caribbean Cement settled with a loss of $4.94 at $35, with 264,524 shares, Ciboney Group fell 2 cents to 12 cents, with 3,892,538 shares. Grace Kennedy traded with a loss of $1.45 at $48, with 42,306 stock units, Jamaica Broilers gained $1 to close at a 52 weeks’ high of $21, in trading 13,100 units, Jamaica Producers closed $1.05 higher at $16, with 14,110 shares, Jamaica Stock Exchange ended with a loss of 10 cents at $6.70, with 8,000 shares. JMMB Group rose 50 cents to $26, with 327,174 shares, Kingston Wharves settled with a gain of $2 to $40, with 1,224,813 units, Mayberry Investments ended trading with a loss of 86 cents at $5.54, in the exchange of 376,631 shares, NCB Financial Group rose 29 cents to $99, with 112,718 shares changing hands. 1834 Investments finished trading at $1.19, with 57,662 shares, Palace Amusement closed at $1,000, trading 642 stock units, PanJam Investment jumped $11 to close at $43, with 68,720 units, Pulse Investments finished 4 cents higher at $1.79, with 6,000 shares. Radio Jamaica settled with a loss of 8 cents at $1.01, trading 298,672 shares, Sagicor Group ended trading 40 cents higher at $36.50, with 132,221 stock units, Sagicor Real Estate Fund rose 4 cents to end at $15.49, with 79,088 shares. Scotia Group jumped $3.14 to close at $53.99, with 14,505 shares trading, Seprod closed with a loss of 50 cents at $33, in the trading of 5,384 shares. Supreme Ventures concluded trading with a loss of 5 cents at $11.90, with 238,420 stock units, Victoria Mutual Investments finished 38 cents higher at $4.49, with 731,119 units changing hands, Wisynco Group settled 34 cents higher at $10.84, with 1,877,516 shares. In the main market preference segment, Jamaica Money Market 7.5% traded 4 cents higher at $1.99, with 6,300 stock units, JMMB Group 7.5% closed at $1.02, with 15,440 shares, Proven Investments jumped 74 cents to close at $5.89, with 14,939 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 in big Holy Thursday recovery.”

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Cable & Wireless, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Money Market Brokers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB, JMMB Group, Kingston Wharves, Mayberry Investments, NCB Financial Group, PANJAM Investment, Proven Investments, Pulse Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Seprod, Supreme Ventures, Trading Activity, Victoria Mutual Investments, Wisynco

Sharp price changes hit JSE main market – Wednesday

March 28, 2018 by IC Insider.com

Palace Amusement fell $300 to $1,300 on Wednesday.

The Jamaica Stock Exchange main market activity closed on Wednesday with sharp price changes in a number of the stocks, including a $300 fall in the price of Palace shares.
The main market closed with 26 securities changing hands and ended with 11 securities rising, 9 falling and 6 trading firm. At the end, the JSE All Jamaican Composite Index shed 1,851.50 points to 320,861.99 and the JSE Index dropped 1,686.92 points to 292,341.55.
In main market activity, Barita Investments closed 5 cents higher at $9.50, with 9,750 shares, Cable & Wireless concluded trading at $1.16, with 41,885 units, Carreras finished at $10.90, with 595,645 shares, Caribbean Cement settled $1.44 higher at $39.94, with 17,731 shares, Ciboney Group ended trading 2 cents higher at $0.14, with 91,700 shares. Grace Kennedy traded $1.95 higher at $49.45, with 19,051 stock units, Jamaica Broilers finished trading 97 cents higher at $20, with 143,137 units, Jamaica Producers closed with a loss of 5 cents at $14.95, with 14,000 shares, Jamaica Stock Exchange ended with a loss of 19 cents at $6.80, with 30,200 shares. JMMB Group concluded trading with a loss of 95 cents at $25.50, with 244,649 shares, Kingston Wharves settled with a loss of 50 cents at $38, with 573 units, Mayberry Investments ended trading 20 cents higher at $6.40, with 113,221 shares, NCB Financial Group traded 1 cent higher at $98.71, with 75,906 shares. 1834 Investments finished trading 4 cents higher at $1.19, with 14,029 shares, Palace Amusement dropped $300 and closed at $1,000, with 250 stock units, PanJam Investment ended with a loss of 4.98 cents at $37.12, with 113,088 units, Radio Jamaica settled with a loss of 1 cent at $1.09, with 62,491 shares. Sagicor Group ended trading with a loss of 15 cents at $36.10, with 833,093 stock units, and Sagicor Real Estate Fund ended trading at $15.45, with 8,592 shares. Scotia Group finished trading $50.85 higher at $50.85, with 345,681 shares, Seprod closed $1.50 higher at $33.50, with 1,000 shares, Supreme Ventures concluded trading 45 cents higher at $11.95, with 524,028 stock units. Victoria Mutual Investments finished with a loss of 27 cents at $4.11, with 600,506 units, Wisynco Group settled 1 cent higher at $10.50, with 789,638 shares trading. In the main market preference segment, JMMB Group closed at $1.02, with 224,002 shares, Proven Investments settled at $5.15, with 100,000 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 Investors slam cabinet changes – Wednesday.”

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Money Market Brokers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB, JMMB Group, Kingston Properties, Kingston Wharves, Mayberry Investments, NCB Financial Group, PANJAM Investment, Proven Investments, Pulse Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Salada Foods, Scotia Group, Seprod, Supreme Ventures, Trading Activity, Victoria Mutual Investments, Wisynco

JSE shares grab 71% of main market trades- Tuesday

March 27, 2018 by IC Insider.com

Shares in the Jamaica Stock Exchange accounted for 71% of trading on Tuesday.

The Jamaica Stock Exchange ordinary stock ended trading with 15,075,000 shares, changing hands accounted for 70.8 percent of the day’s volume of 21,289,061 units valued at $268,573,132, in main market activity on Tuesday.
The main market closed with 28 securities changing hands and ended with only 5 securities rising, 15 falling and 8 trading firm. At the end, the JSE All Jamaican Composite Index fell by 1,326.19 points to 322,713.49 and the JSE Index declined by 1,208.31 points to 294,028.47.
In main market activity, Barita Investments closed at $9.45, with 3,003 shares, Berger Paints ended with a loss of $1.45 to $16.50, with 14,099 stock units, Cable & Wireless concluded trading 1 cent higher at $1.16, with 186,742 units, Carreras finished at $10.90, with 97,427 shares, Caribbean Cement lost $2.50 to close at $38.50, with 30,416 shares. Ciboney Group ended trading at 12 cents, with 8,000 shares, Grace Kennedy traded with a loss of 50 cents at $47.50, with 27,863 stock units, Jamaica Broilers finished trading with a loss of 22 cents at $19.03, with 36,071 units, Jamaica Producers closed with a loss of 15 cents at $15, with 2,394,964 shares. Jamaica Stock Exchange ended with a loss of 1 cent at $6.99, with 15,075,000 shares, JMMB Group concluded trading $1.75 higher at $26.45, with 62,418 shares, Kingston Wharves settled with a loss of $1.50 at $38.50, with 1,025,513 units, Mayberry Investments ended trading with a loss of 5 cents at $6.20, with 41,500 shares. NCB Financial Group traded with a loss of $1.15 at $98.70, with 400,433 shares, 1834 Investments finished trading at $1.15, with 10,580 shares, 138 Student Living ended at $5.50, with 1,500 shares, PanJam Investment ended 45 cents higher at $42.10, with 223,507 units, Radio Jamaica settled at $1.10, with 43,613 shares. Sagicor Group ended trading $36.25 higher at $36.25, with 284,764 stock units, Sagicor Real Estate Fund settled 40 cents higher at $15.45, with 13,000 shares. Scotia Group finished trading at $52.90, with 259,811 shares, Seprod finished trading with a loss of $1.50 at $32, with 48,554 shares, Supreme Ventures ended with a loss of 49 cents at $11.50, with 142,310 shares, Victoria Mutual Investments concluded trading with a loss of 12 cents at $4.38, with 379,300 stock units. Wisynco Group finished with a loss of 1 cent at $10.49, with 285,911 units trading. In the main market preference segment, Jamaica Money Market 7.5% traded at $1.95, with 45,172 stock units, JMMB Group 7.5% closed with a loss of 8 cents at $1.02, with 147,000 shares, 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 Investors slam cabinet changes – Tuesday.”

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Money Market Brokers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB, JMMB Group, Kingston Properties, Kingston Wharves, Mayberry Investments, NCB Financial Group, PANJAM Investment, Proven Investments, Pulse Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Salada Foods, Scotia Group, Seprod, Supreme Ventures, Trading Activity, Victoria Mutual Investments, Wisynco

Wisynco corners 79% of JSE main market – Monday

March 26, 2018 by IC Insider.com

Wisynco, producers of Wata..

Wisynco Group traded 15,104,462 units and accounted for 79.18 percent of the day’s volume of 19,076,584 units valued at $210,708,799, in main market activity on the Jamaica Stock Exchange on Monday.
The main market closed with 27 securities changing hands and ended with 8 securities rising, 8 falling and 11 trading firm. At the end, the JSE All Jamaican Composite Index climbed 1,544.61 points to 324,039.68 and the JSE Index rose 1,407.32 points to 295,236.78.
In main market activity, Barita Investments closed 28 cents higher at $9.45, with 2,593 shares, Berger Paints ended at $17.95, with 1,100 stock units, Cable & Wireless concluded trading with a loss of 1 cent at $1.15, with 84,826 units, Carreras finished at $10.90, with 186,565 shares, Caribbean Cement settled with a loss of $1 to close at $41, with 13,331 shares. Ciboney Group ended trading at 12 cents, with 1,013,952 shares, Grace Kennedy traded with a loss of $1.50 at $48, with 11,033 stock units, Jamaica Broilers finished trading with a loss of 75 cents at $19.25, with 14,298 units, Jamaica Producers closed at $15.15, with 13,306 shares. Jamaica Stock Exchange ended 2 cents higher at $7, with 60,400 shares, JMMB Group fell $1.30 cents to $24.70, with 154,141 shares, Kingston Wharves settled at $40, with 56,687 units, Mayberry Investments ended trading with a loss of 3 cents at $6.25, with 4,338 shares. NCB Financial Group traded 50 cents higher at $99.85, with 28,618 shares, 1834 Investments finished trading at $1.15, with 32,418 shares, PanJam Investment ended at $41.65, with 18,597 units, Pulse Investments finished 10 cents higher at $1.75, with 221,312 shares. Radio Jamaica settled 4 cents higher at $1.10, with 48,935 shares, Sagicor Group finished trading $36.05 higher at $36.05, with 633,364 shares changing hands, Sagicor Real Estate Fund settled with a loss of 45 cents at $15.05, with 16,661 shares. Scotia Group traded with a loss of 42 cents at $53.05, with 175,666 units, Seprod finished trading at $33.50, with 4,692 shares, Supreme Ventures ended 49 cents higher at $11.99, with 500,720 shares. Victoria Mutual Investments concluded trading 10 cents higher at $4.50, with 659,569 stock units and Wisynco Group finished at $10.50, with 15,104,462 units. In the main market preference segment, JMMB Group 7.5% gained 8 cents and closed at $1.10, with 5,000 shares and Proven Investments settled at $5.15, with 10,000 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 run falters for JSE majors – Monday.”

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 1834 Investments, Barita Investments, Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Money Market Brokers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB, JMMB Group, Kingston Wharves, Mayberry Investments, NCB Financial Group, PANJAM Investment, Proven Investments, Pulse Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Salada Foods, Scotia Group, Seprod, Supreme Ventures, Trading Activity, Victoria Mutual Investments, Wisynco

Seprod jumped $3.50 on JSE main market – Friday

March 23, 2018 by IC Insider.com

Seprod shares jumped sharply on Friday.

Seprod jumped $3.50 in main market activity of the Jamaica Stock Exchange closed Friday as 24 securities changing hands, leading to 6,019,816 units valued at $133,802,480 trading.
Seprod rise follows, announcement by the company that they will be acquiring Facey distribution business.
The main market closed with 13 securities rising, 5 falling and 6 trading firm. At the end, the JSE All Jamaican Composite Index dropped 1,121.80 points to 322,495.07 and the JSE Index fell 1,022.09 points to 293,829.46.
In main market activity, Barita Investments closed 17 cents higher at $9.17, with 1,602 shares, Berger Paints ended 1 cent higher at $17.95, with 10,168 stock units, Cable & Wireless concluded trading at $1.16, with 42,395 units, Carreras finished 55 cents higher at $10.90, with 150,094 shares, Caribbean Cement climbed $2 to $42, with 22,645 shares.

Ciboney Group ended trading at 12 cents, with 305,350 shares changing hands, Grace Kennedy traded 50 cents higher at $49.50, with 253,780 stock units, Jamaica Broilers closed with a rise of $1 to $20, with 105,430 units, Jamaica Producers closed 15 cents higher at $15.15, with 50,751 shares. JMMB Group concluded trading at $26, with 2,319,629 shares, Kingston Wharves settled at $40, with 1,250 units, Mayberry Investments ended trading with a gain of 28 cents to $6.28, with 63,500 shares, NCB Financial Group traded with a loss of 15 cents at $99.35, with 15,682 shares. 1834 Investments finished trading at $1.15, with 104,609 shares, PanJam Investment ended with a loss of 32 cents at $41.65, with 163,550 units, Radio Jamaica settled 4 cents higher at $1.06, with 44,267 shares, Sagicor Group ended trading with a loss of 20 cents at $36, with 610,599 stock units.

Sagicor Real Estate Fund ended trading 26 cents higher at $15.50, with 42,650 shares, Scotia Group finished trading $1.47 higher at $53.47, with 304,907 shares, Seprod closed $3.50 higher at $33.50, with 4,774 shares, Supreme Ventures concluded trading with a loss of 26 cents at $11.50, with 37,631 stock units, Victoria Mutual Investments finished with a loss of 10 cents at $4.40, with 524,181 units, Wisynco Group settled at $10.50, with 611,295 shares and in the main market preference segment, Jamaica Money Market 7.5% traded 5 cents higher at $1.95, with 229,077 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 “JSE main market index falls – Friday.”

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Money Market Brokers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB, JMMB Group, Kingston Wharves, Mayberry Investments, NCB Financial Group, PANJAM Investment, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Seprod, Supreme Ventures, Trading Activity, Victoria Mutual Investments, Wisynco

Moderate JSE main market trading – Thursday

March 22, 2018 by IC Insider.com

Carib Cement traded at an intraday high of $44 on Thursday.

Main market activity closed Thursday on the Jamaica Stock Exchange, with 29 securities changing hands, with moderate volume of 6,093,417 units valued at $73,742,131 traded.
The market closed with 9 securities rising, 11 falling and 9 trading firm. At the end, the JSE All Jamaican Composite Index jumped 1,055.77 points to 323,616.87 and the JSE Index climbed 961.92 points to 294,851.55. Caribbean Cement posted an intraday 52 weeks’ high of $44 but closed back at $40.
In main market activity, Berger Paints ended with a loss of 1 cent at $17.94, with 2,938 stock units, Cable & Wireless concluded trading 6 cents higher at $1.16, with 92,500 units, Carreras finished at $10.35, with 135,321 shares, Caribbean Cement settled at $40, with 20,900 shares, Ciboney Group ended with a loss of 4 cents at 12 cents, trading 1,458,766 shares. Grace Kennedy traded with a loss of $1 at $49, with 18,872 stock units, Jamaica Broilers fell $1 to close trading at $19, with 1,366,225 units, Jamaica Producers closed at $15, with 47,095 shares, Jamaica Stock Exchange ended with a loss of 1 cent at $6.98, with 160,041 shares. JMMB Group concluded trading $1 higher at $26, with 31,547 shares, Mayberry Investments ended trading at $6, with 318,470 shares, NCB Financial Group traded 50 cents higher at $99.50, with 219,654 shares, 1834 Investments finished trading 9 cents higher at $1.15, with 668,897 shares. 138 Student Living ended 5 cents higher at $5.50, with 500 shares, PanJam Investment ended with a loss of 3 cents at $41.97, with 3,734 units, Portland JSX concluded trading with a loss of $1.20 to close at a 52 weeks’ low of $8.50, with 200 shares, Pulse Investments finished with a loss of 20 cents at $1.65, with 900 shares, Radio Jamaica settled 2 cents higher at $1.02, with 5,000 shares. Sagicor Group ended trading with a loss of 5 cents at $36.20, with 38,853 stock units, Sagicor Real Estate Fund ended trading with a loss of 7 cents at $15.24, with 81,500 shares, Salada Foods traded 38 cents higher at $11.10, with 52,000 units, Scotia Group finished trading with a loss of $2 at $52, with 31,088 shares, Seprod closed at $30, with 74,750 shares. Sterling Investments ended 1 cent higher at $13.90, with 698 shares, Supreme Ventures concluded trading with a loss of 6 cents at $11.76, with 6,967 stock units, Victoria Mutual Investments finished at $4.50, with 557,890 units and Wisynco Group settled at $10.50, with 673,050 shares. In the main market preference segment, JMMB Group 7.5% closed 8 cents higher at $1.10, with 10,000 shares, Proven Investments settled at $5.15, with 15,061 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 closed higher again – Thursday.”

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Money Market Brokers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB, JMMB Group, Mayberry Investments, NCB Financial Group, PANJAM Investment, Proven Investments, Pulse Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Salada Foods, Scotia Group, Seprod, Supreme Ventures, Trading Activity, Victoria Mutual Investments, Wisynco

NCB dominates the JSE main market

March 21, 2018 by IC Insider.com

NCB traded 61.8 million shares on Wednesday.

Main market activity surged sharply Wednesday on the Jamaica Stock Exchange, with 29 securities changing hands and 71,072,740 units valued at $6,270,318,116 trading.
NCB Financial Group accounting for 86.99 percent of the volume traded with 61,822,679 units changing hands and Caribbean Cement posted the highest gain jumping $6.44 to end at a 52 weeks closing high of $40, with 138,259 shares and Cable & Wireless resumed trading after the suspension requested by the company.
The market closed with 9 securities rising, 11 falling and 9 trading firm. At the end, the JSE All Jamaican Composite Index increased by 897.85 points to 322,561.10 and the JSE Index advanced by 818.04 points to 293,889.63.
In main market activity, Barita Investments closed with a loss of 50 cents at $9, trading 2,900 shares, Berger Paints ended unchanged at $17.95, with 5,500 stock units, Cable & Wireless resumed trading and closed unchanged at $1.10, with 21,246 units, Carreras finished with a loss of 10 cents at $10.35, with 146,032 shares, Caribbean Cement jumped $6.44 and closed at $40, with 138,259 shares. Ciboney Group ended trading 3 cents higher at 16 cents, with 157,728 shares, Grace Kennedy traded with a loss of $1 at $50, with 56,000 stock units, Jamaica Broilers finished trading 1 cent higher at $20, with 2,036,473 units, Jamaica Producers closed with a rise of 5 cents to $15, with 19,430 shares. Jamaica Stock Exchange ended at $6.99, with 6,319 shares, JMMB Group concluded trading with a loss of $1 at $25, exchanging 549,955 shares, Kingston Properties finished at $6.25, with 3,560 stock units, Kingston Wharves settled 93 cents higher at $40, with 17,986 units. Mayberry Investments ended trading at $6, with 2,010,259 shares changing hands, NCB Financial Group traded at $99, with 61,822,679 shares, 1834 Investments finished trading with a loss of 11 cents at $1.06, with 273,200 shares, 138 Student Living ended with a loss of 5 cents at $5.45, with 250 shares, PanJam Investment ended with a loss of $1 at $42, with 10,440 units. Portland JSX concluded trading with a loss of 25 cents at $9.70, with 2,500 shares, Radio Jamaica settled with a loss of 5 cents at $1, with 561,044 shares, Sagicor Group ended trading 65 cents higher at $36.25, with 721,650 stock units, Sagicor Real Estate Fund ended trading 1 cent higher at $15.31, with 66,800 shares, Salada Foods traded at $10.72, with 20,000 units. Scotia Group finished trading $2 higher at $54, with 36,417 shares, Supreme Ventures concluded trading 32 cents higher at $11.82, with 19,592 stock units, Victoria Mutual Investments finished at $4.50, with 1,558,306 units and Wisynco Group settled with a loss of 15 cents at $10.50, with 744,017 shares trading. In the main market preference segment, Jamaica Money Market 7.5% traded $1.90 higher at $1.90, with 54,198 stock units and Productivity Business settled at $105, with 10,000 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 moves higher – Wednesday.”