Big gains for Grace & Seprod on Tuesday
April 11, 2017 by
The Market closed with 22 securities changing hands with 1 trading in the US dollar market. At the close, 10 stocks advanced and 6 declined in both markets. The main market ended with 2,043,993 units valued at $24,956,131 compared to 13,790,971 units valued at $428,274,635 on Monday. Trading in the US dollar market accounted for 72,850 units valued at US$22,258.
The All Jamaica Composite Index advanced 769.18 points to close at 247,670.02 the JSE Market Index gained 700.81 points to finish at 225,655.45 and the JSE US dollar market index rose 3.76 points to close at 222.44.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 11 stocks with bids higher than their last selling prices and 3 with lower offers.
The main market ended trading with an average of 92,909 units valued at $1,134,370 for each security traded compared to an average of 599,607 units valued at $18,620,636 for each security traded on Monday. The average volume for the month to date ended at 694,259 units with a value of $16,325,671 per security traded, versus at 794,485 units valued at $18,495,857 per security on the prior trading day. The average volume and value for March ended at 549,909 units and $1,379,459.
In market activity, Berger Paints advanced $1.22 to close at $13.52, with 22,986 shares changing hands, Cable and Wireless closed at $1.30 trading 846,412 shares, Caribbean Cement closed $1 lower to $30.60 with an exchange of 33,031 units. Carreras closed at $74 with trades of 570 shares, Grace Kennedy jumped $3.65 to end at $44.65, trading 4,030 units, Jamaica Broilers gained 46 cents to close at a 52 weeks’ high of $17 with trades of 46,542 shares, Jamaica Stock Exchange closed at $7, losing 95 cents with 286,012 shares changing hands. JMMB Group closed at $18.65 trading 300,125 units, Kingston Properties gained 2 cents to close at $16 with 100 shares changing hands, Kingston Wharves closed at $32, with an exchange of 14,100 units, Mayberry Investments closed at $4.70, losing 10 cents trading 9,123 shares, NCB Financial Group gained $1.60 to close at $64, after exchanging 19,712 shares, 1834 Investments traded 4 cents lower to close at $1.50, while exchanging 7,900 units, 138 Student Living closed at $4.49, gaining 3 cents with an exchange of 12,400 units, Pan Jamaican closed 14 cents lower at $35.46 with 20,250 shares changing hands. Radio Jamaica gained 20 cents to close at $1.80, trading 37,000 shares, Sagicor Group closed with a loss of 97 cents to $32.54 exchanging 225,742 shares, Sagicor Real Estate Fund closed at $10.05, with 4,600 shares traded, Scotia Group closed at $38.60, with trades of 62,464 units, Seprod advanced $3.70 to close at $39.70, with 2,000 shares changing hands, Sterling Investments gained 25 cents, closing at $17 with an exchange of 67,394 units, Supreme Ventures closed at $6.38 trading 21,500 shares and Proven Investments gained 2 US cents to close at 31 US cents with trades of 72,850 ordinary shares.
Sagicor’s big 11M share trade on Monday
April 10, 2017 by
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The Jamaica Stock Exchange started the week with a big 11 million units trade in Sagicor Group but the market ended with losses to the main market indices. Trading closed on Monday with 23 securities changing hands in the main market and 1 trading in the US dollar market. Trading ended with 12 stocks advancing and 8 declining in the main market as 13,790,971 units valued at $428,274,635 traded in the main market compared to 9,512,849 units valued at $220,101,365 at the close on Friday. Trading in the US dollar market accounted for 3,670 units valued at US$1,100.
The All Jamaica Composite Index declined 1,432.85 points to close at 246,900.84, the JSE Market Index lost 1,305.49 points to finish at 224,954.64 and the JSE US dollar market index gained 1.72 points to close at 218.68.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 12 stocks with bids higher than their last selling prices and 4 with lower offers.
The main market ended trading with an average of 599,607 units valued at $18,620,636 for each security traded compared to an average of 413,602 units valued at $9,170,890 per security. The average volume for the month to date ended at 794,485 units valued at $18,495,857 per security, versus 833,460 units and $5,623,143 on the prior trading day. The average volume and value for March ended at 549,909 units and $1,379,459.
In market activity, Berger Paints closed at $12.30, gaining 25 cents with trades of 4,243 shares, Cable and Wireless closed at $1.30, with gains of 2 cents while exchanging 64,088 shares, Caribbean Cement added $1.10 to close at $31.60 trading 24,639 units. Carreras closed at $74 with 30,000 shares changing hands, Grace Kennedy tumbled $3.70 to close at $41, with 1,070,424 units traded, Jamaica Broilers added 4 cents to close at $16.54 with trades of 17,574 shares, Jamaica Producers closed 50 cents lower to $14.50, with an exchange of 5,900 shares, Jamaica Stock Exchange gained 75 cents to close at $7.95, with 37,105 shares changing hands. JMMB Group closed 10 cents higher to $18.65 trading 18,470 units, Kingston Properties gained 3 cents to close at $15.98 with 4,000 shares changing hands, Kingston Wharves closed at $32, after falling 36 cents with an exchange of 19,903 units, Mayberry Investments closed at $4.80 with a 10 cents gain trading 41,016 shares, NCB Financial Group closed at $62.40, after exchanging 15,500 shares, 1834 Investments traded 2,874 units at $1.54, while 138 Student Living traded 30,700 units at $4.46, having lost 3 cents, Pan Jamaican closed 60 cents higher at $35.60 with 5,241 shares changing owners. Pulse Investments traded 2,000 units at $8, Sagicor Group closed with gains of 51 cents to $33.51, exchanging 11,135,988 shares, Sagicor Real Estate Fund lost 46 cents to close at $10.05, with 695 shares traded, Scotia Group dropped $1.40 and closed at $38.60, trading 10,154 units, Seprod fell $3.70 to close at $36, while trading 5,400 shares, Supreme Ventures closed at $6.38, gaining 3 cents with trades of 360,757 shares. Proven Investments lost 1 US cent to close at 29 US cents with trades of 3,670 ordinary shares and JMMB Group 7.5% preference share gained 5 cents to close at $1.10, with an exchange of 884,000 units.
Jamaica stocks jump sharply on Friday
April 7, 2017 by
Trading levels in main market ended at 9,512,849 units valued at $220,101,365 compared to 93,827,780 units valued at $320,466,964 at the close on Thursday. Trading in the US dollar market accounted for 23,350 units valued at US$6,808.
The All Jamaica Composite Index advanced 2,908.98 points to close at 248,333.69 the JSE Market Index rose 2,650.41 points to finish at 226,260.13 and the JSE US dollar market index gained 0.37 points to close at 216.96.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 11 stocks with bids higher than their last selling prices and none with lower offers.
The main market ended trading with an average of 413,602 units valued at $9,170,890 per security traded, compared to an average of 3,475,103 units valued at $11,869,147 on Thursday. The average volume for the month to date ended at 833,460 units valued $5,623,143 per company stock traded versus 938,424 units valued at $4,736,206 on the prior trading day. The average volume and value for March ended at 549,909 units and $1,379,459.
In market activity, Berger Paints closed at $12.05, losing 25 cents with 3,430 shares changing hands, Cable and Wireless closed at $1.28 with an exchange of 1,715,016 shares, Caribbean Cement added 50 cents to close at $30.50 with trades of 2,051 units. Carreras closed $3.98 higher to $74 with 3,589 shares being exchanged, Grace Kennedy added 85 cents to close at $44.70, with 54,517 units trading, Jamaica Broilers closed with trades of 24,595 shares at $16.50, Jamaica Producers closed at $15, with 24,515 shares changing hands, JMMB Group closed 45 cents lower at $18.55 trading 250,373 units, Kingston Properties gained 5 cents to close at $15.95 with 3,730 shares changing hands. Kingston Wharves closed at $32.36, with gains of $1.35 while exchanging 694 units, Mayberry Investments lost 5 cents to close at $4.70 with trades of 20,638 shares, NCB Financial Group gained 50 cents, closing at $62.40 after exchanging 2,216,545 shares, 138 Student Living traded 787,300 units at $4.49, Pan Jamaican closed 61 cents lower at $35 with 1,000,860 shares changing owners. Portland JSX slid 90 cents trading 700 units to close at $10 , Radio Jamaica closed at $1.60 with an exchange of 1,422,991 units, Sagicor Group closed at $33, after falling by $1 with 544,295 shares changing hands, Sagicor Real Estate Fund gained 51 cents to close at $10.51, with 1,480 shares traded, Scotia Group climbed $1.39 to close at $40, with 258,220 units traded, Scotia Investments jumped $3.15 to $39.20 in exchanging 12,000 shares, Supreme Ventures closed at $6.35, with trades of 16,521 shares. Margaritaville Turks gained 3 US cents to close at 26.01 US cents trading 3,400 units, Proven Investments closed at 30 US cents trading 19,950 ordinary shares and JMMB Group 7.5% preference share closed at $1.05, with an exchange of 1,147,989 units.