JSE majors give up 1,200 points – Thursday

Palace jumps $25 to close at $195 on Thursday.

Palace jumps $25 to close at $195 on Thursday.

Stocks on the main market of the Jamaica Stock Exchange the gave up a near 1,200 points by the close, in the all Jamaica Composite Index to end down 400 points loss at the end after it had gained close to 800 points by midday. At the close advancing stocks still edged out declining stocks.
At the close of the market prices of 14 securities gained out of a total of 38 trading, while 12 declined in the overall market, including 7 stocks rising and 3 falling, in the junior market. Palace Amusement was the star performer with a jump of $25 to a new record high of $195 but with only 500 shares trading. National Commercial Bank dropped $1.94 to close at $40.06 with 595,832 shares changing hands.
At the close, 3,134,827 units valued at $54,491,555 changed hands, compared to the 4,442,113 units valued at $19,544,716 changing hands on Wednesday. The junior market accounted for 1,015,005 units valued at $5,213,760 of the total traded on Thursday.
The market index ended with mild declines, with the JSE Market Index declined 370.31 points to end at 162,745.79. The all Jamaica Composite Index fell 414.14 points to close at 180,841.00 and the ICI JSE sum 22-09-16 JSE combined index slipped 122.56 points, to end at 174,786.97.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 11 stocks with bids higher than their last selling prices and 3 with lower offers.
In market activity, Barita Investments traded 44,500 shares to close at $4, Berger Paints gained 35 cents to close at $5.05 with 69,980 units changing hands, Cable & Wireless rose 3 cents to close at 98 cents, with 234,552 units changing hands. Caribbean Cement jumped 46 cents, to close at $28 with 72,577 units changing hands, Ciboney closed at 19 cents with 35,200 units trading, Grace Kennedy lost 30 cents, with 40,932 shares changing hands at $42.50, Jamaica Broilers had 20,064 shares changing hands and slipped 6 cents to end at $15. Jamaica Producers ended with a loss of 14 cents to close at $8.36 with 46,452 units trading, ICI JSE sum 22-09-16rJamaica Stock Exchange gained 50 cents to end at $27.50 while trading 147,245 shares, JMMB Group traded 12,100 units and fell 25 cents to $10. Mayberry Investments traded 11,000 shares to close at $3.60, after rising 4 cents, Pan Jamaican Investments fell 1 cent and closed at $23.99 after trading 56,728 shares, Sagicor Group rose 63 cents in trading 17,213 shares to close at $23.65, Salada Foods had 10,525 units changing hands at $7.90. Scotia Group closed at $30.11 with 101,400 shares changing hands, for a loss of 40 cents, Proven Investments ordinary share traded 416,425 units at 19.99 US cents, JMMB Group 7.50% preference share traded 130,000 units at $1.10 and Jamaica Money Market Brokers 7.50% preference share traded 51,617 units at $2.10.

JSE stocks in sharp 3 day jump

JSE building Stocks had a bullish day on Wednesday on the Jamaica Stock Exchange, as advancing stocks had a near 2 to 1 advantage over declining ones. The market indices climbed sharply as the all Jamaican Composite Index jumping nearly 2,000 points, but trading resulted in much less volumes passing through the market compared with Tuesday.
At the close of the market prices of 21 securities gained out of a total of 46 trading, while 12 declined in the overall market, including 6 stocks rising and 5 falling, in the junior market.
At the close, 4,442,113 units valued at $19,544,716, changed hands, compared to the 7,614,266 units valued at $192,616,632 changing hands on Tuesday. The junior market accounted for 635,440 units valued at $2,690,732 of the total traded on Wednesday.
The market index ended with good gains, with the JSE Market Index climbing 1,733.79 points to end at 163,116.10. The all Jamaica Composite Index jumped 1,938.97 points to close at 181,255.14 and the JSE combined index surged 1,432.39 points, to end at 174,909.53.
ICI JSE sum 21-09-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 12 stocks with bids higher than their last selling prices and 3 with lower offers.
In market activity, Barita Investments traded 47,767 shares and gained 50 cents to close at $4, Berger Paint lost 35 cents to close at $4.70 with 11,300 units, Cable & Wireless continues to garner more support and rose 1 cent to close at 95 cents, with 22,766 units changing hands. Caribbean Cement jumped $1.54, to close at $27.54 with 126,265 units changing hands, Carreras fell 50 cents and closed at $65 with 17,705 units trading, Grace Kennedy rose 31 cents, with 3,196 shares changing hands at $42.80, Jamaica Broilers had 107,149 shares changing hands and gained 6 cents to end at $15.06. Jamaica Producers ended with a gain of 20 cents to close at $8.50 with 22,250 units trading, Jamaica Stock Exchange fell 40 cents to end at $27 while trading 11,327 shares, JMMB Group traded 359,924 units and rose 26 cents to $10.25. Kingston Wharves traded 7,500 shares to close at $17.10, after rising 10 cents, National Commercial Bank traded 3,182 shares and closed with a gain of $1 at $42,ICI JSE fn qt 21-09-16 Pan Jamaican Investments gained 5 cents and closed at $24 after trading 11,100 shares. Radio Jamaica ended with 72,000 units trading at $1.42, Sagicor Group traded 6,400 shares to close at $23.02. Sagicor Real Estate Fund traded 1,044 shares to close with at $10.35 with a 15 cents rise, Scotia Group gained 1 cent to close at $30.51 with 29,975 shares changing hands, Scotia Investments had 8,090 units changing hands at $26, for a loss of 10 cents. Seprod closed at $21 with 3,764 shares trading, Sterling Investments fell 75 cents to close at a new high of $14.25 with 16,963 units changing hands. Jamaica Money Market Brokers 7.25% preference share traded 20,000 units at $2.40, JMMB Group 7.50% preference share traded 2,341,500 units at $1.10 and Jamaica Money Market Brokers 7.50% preference share traded 549,576 units at $2.10.

JSE stocks make strong gains – Tuesday

$85 million of NCB's shares traded on Tuesday

$85 million of NCB’s shares traded on Tuesday

Stocks mostly rose on the Jamaica Stock Exchange on Tuesday, with a slight deterioration compared to Monday, in the number of advancing stocks versus declining ones. The market indices climbed sharply but with much less volumes passing through the market on Monday.
At the close of the market, prices of 16 securities gained out of a total of 40 trading, while 13 declined in the overall market, including 5 stocks rising and 6 falling, in the junior market.
At the close, 7,614,266 units valued at $192,616,632, changed hands, compared to the 12,416,676 units valued at $159,207,495 changing hands on Monday. The junior market accounted for 907,063 units valued at $3,876,442 of the total traded on Tuesday. Carreras accounted for $66,047,705 and National Commercial Bank $85,057,375 of the value of stocks traded amounting to 78 percent of all trades.
The market index ended with good gains, with the JSE Market Index climbing 1,241.23 points to end at 161,382.31. ICI JSE sum 20-09-16The all Jamaica Composite Index jumped 1,388.13 points to close at 179,316.17 and the JSE combined index surged 1,067.23 points, to end at 173,477.14.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 15 stocks with bids higher than their last selling prices and 7 with lower offers.
In market activity, Barita Investments gained 25 cents to close at $3.50 on Monday and seems set to rise further with the bid at $3.75 to buy 40,00 units, the stock is on offer at $4 to sell 47,767 shares at the close. Cable & Wireless continues to garner support in the mid 90 cents region and seems to be heading back over $1, but it shed 1 cent and closed at 94 cents, with 381,613 units changing hands, Caribbean Cement lost 60 cents, to close at $26 with 456,774 units changing hands. Carreras closed at $65.50 with 1,016,110 units trading, slightly less than the 1,137,767 shares traded on Monday, Grace Kennedy lost 1 cent, with 104,303 shares changing hands at $42.49, Jamaica Broilers had 88,541 shares changing hands and gained 45 cents to end at $15. Jamaica Producers ended with a loss of 20 cents to close at $8.30 with 175,143 units trading, Jamaica Stock Exchange fell 10 cents to end at $27.40 while trading 5,623 shares, JMMB Group traded 3,579 units and rose 18 cents to $9.99. Kingston Wharves traded 10,455 shares to close at $17, after falling 50 cents, ICI JSE fn qt 20-09-16 National Commercial Bank traded 2,083,020 shares and closed at $41. The price of 138 Student Living remained unchanged at $4.70, after 158,000 units changed hands, Pan Jamaican Investments gained 45 cents and closed at $23.95 after trading 7,185 shares.Portland JSX ended with 12,000 units trading at $11.39, Sagicor Group traded 103,169 shares and gained 21 cents to close at $23.02, Sagicor Real Estate Fund traded 21,100 shares to close with at $10.20. Scotia Group gained 49 cents to close at $30.50 with 7,349 shares changing hands, Scotia Investments had 133,013 units changing hands at $26.10, for a gain of 1 cent, Seprod fell by 50 cents to close at $21 with 2,724 shares trading, Sterling Investments gained 88 cents to close at a new high of $15 with 5,098 units changing hands, Supreme Ventures rose 20 cents to close at $4.90 with 1,874,873 units changing hands and Proven Investments closed at 19.99 US cents with 49,700 units trading.

Rising JSE’s stocks doubled – Monday

Supreme Ventures traded the most shares on Monday with 6.9m units

Supreme Ventures traded the most shares on Monday with 6.9m units

Stocks mostly rose on Monday with the number doubling the gains on Friday with losers up moderately. The market indices climbed sharply as advancing stocks beat out number declining stocks 2 to 1 but with much less volumes passing through the market compared to the heavy trading on Friday.
At the close of the market prices of 19 securities gained out of a total of 38 trading, with 11 declining, in the overall market, including 4 stocks rising and 5 falling, in the junior market.
At the close, 12,416,676 units valued at $159,207,495, changed hands, compared to the 56,335,591 units valued at $1,576,979,024 changing hands on Friday. The junior market accounted for 835,628 units valued at $4,086,204 of the total traded on Monday. The big trade of the day was Supreme Ventures with 6,871,362 units valued at $32,318,545 changing hands to close at $4.70 after falling 28 cents. Carreras traded over 1 million shares at a value of $73,955,605.
The market index ended with good gains, with the JSE Market Index climbing 892.01 points to end at 160,141.08. The all Jamaica Composite Index rose 997.57 points to close at 177,928.04 and the JSE combined index surged 1,128.53 points, to end at 172,409.91.
At the close, IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 16 stocks with bids higher than their last selling prices and 3 with lower offers.
ICI JSE sum 19-09-16In market activity, Barita Investments rose 25 cents and ended with 61,030 units changing hands to close at $3.50, investors pushed the price of Cable & Wireless up by 15 cents to close at 95 cents and picked up 1,594,615 units as selling of the stock abates. Caribbean Cement rose 60 cents, to close at $26.60 with 10,315 units changing hands, Carreras traded 1,137,767 shares to close at $65.50, Investors traded 49,527 shares of 1834 Investments to close with a loss of 6 cents at $1.18, Grace Kennedy lost 50 cents, with 394,085 shares changing hands at $42.50. Jamaica Broilers had 678,683 shares changing hands and gained 5 cents to end at $14.55, Jamaica Producers ended with a gain of 10 cents to close at $8.50 with 108,851 units trading, Jamaica Stock Exchange gained $1 to end at $27.50 while trading 15,168 shares, JMMB Group traded 1,200 units and rose 1 cent to $9.81. Kingston Wharves traded 6,161 shares to close at $17.50, after falling 5 cents, Mayberry Investments had 12,000 shares changing hands, to close with a rise of 5 cents at $3.55, ICI JSE fn qt 19-09-16National Commercial Bank jumped by $1 with 321,588 shares trading and closed at $41, the price of 138 Student Living remained unchanged at $4.70, after 7,150 units changed hands. Pan Jamaican Investments lost just 1 cent and closed at $23.50 after trading 185,496 shares. Radio Jamaica rose 2 cents and closed at $1.42 after 8,000 shares changed hands, Sagicor Group traded 24,120 shares and fell 29 cents to close at $22.81. Sagicor Real Estate Fund traded 38,153 shares to close with a gain of 8 cents at $10.20, Scotia Group gained 30 cents to close at $30.01 with 6,124 shares changing hands. Seprod gained 99 cents to close at $21.50 with 2,333 shares trading and Proven Investments gained 0.95 19.99 US cents.

Junior market jumps sharply

Trading on the Jamaica Stock Exchange, saw big gains in the market indices with the junior market out pacing the gains with a jump of 42 points or 1.8 percent and led the combined index to gain over 1,000 points in the early morning session.
ici Int -19-9-16The market commenced the week with more than 1 million shares each trading in Cable & Wireless 1,591,675 units as the price held firm, Carreras traded 1,136,267 units as the price fell 50 cents for and National Commercial Bank had 319,588 shares trading at $40. Volume traded in other stocks was very moderate.
Barita Investments traded 9,250 shares at $3.51 with the price gaining 26 cents, Mayberry Investments traded 500 and gained 35 cents to $3.85, Seprod gained 99 cents in trading 1,000 shares at $21.50 and Jamaican Teas gained 40 cents in trading 27,700 shares at $4.
At 10:45 am 20 securities traded, resulting in a volume of 3,175,290 shares changing hands compared to 33,336,371 shares carrying a value of $1,215,936,825 on Friday. The average number of shares traded amounts to 158,765 units compared to 1,515,290 units on Friday. The number of stocks falling are 4 while the prices of 9 securities rose as the market continues to consolidate.
The all Jamaica Composite Index gained 813.86 points to 177,744.33, the Jamaica Stock Exchange Market Index climbed 727.73 points to 159,976.80, the Jamaica Stock Exchange combined index jumped 1,106.08 points to close at 172,387.46 and the junior market index rose 41.88 points to 2,338.84.

10 JSE stocks rise 10 fall -Friday

Grace Kennedy traded nearly 28M shares on Friday.

Grace Kennedy traded nearly 28M shares on Friday.

Grace Kennedy traded nearly 28 million shares valued at $1,162,148,683 to be the dominant trade for the day on the Jamaican stock market. Scotia Group traded early in the morning session at $32.40 that helped push the indices over 3,000 points at one stage but the stock fell back and helped to put the main indices into negative territory more than 1,000 points, at the close.
Trading led to the prices of 10 securities gaining out of a total of 37 that traded, with 10 declining in the overall market, including 5 stocks rising and 2 falling, in the junior market.
At the close of the market to 56,335,591 units valued at $1,576,979,024, changed hands, compared to the 2,177,808 units valued at $15,988,922 changing hands on Friday. The junior market accounted for 4,977,327 units valued at $32,514,713 of the total traded on Friday.
ICI JSE sum 16-09-16At the close of trading, the JSE Market Index dived 1,017.74 points to end at 159,249.07. The all Jamaica Composite Index dropped 1,138.18 points to close at 176,930.47 and the JSE combined index sank 749.64 points, to end at 171,281.38.
At the close, IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 14 stocks with bids higher than their last selling prices and 3 with lower offers.
In market activity, investors picked up 2,041,685 units of Cable & Wireless, the price gained 2 cents in closing at 80 cents, Caribbean Cement fell by $1 to close at $26 with 992,947 units changing hands, Carreras traded 40,840 shares and lost 52 cents to close at $65.50, Grace Kennedy gained $1.55, with 27,892,196 shares changing hands at $43. Jamaica Broilers had 8,030,326 shares changing hands and fell 5 cents to end at $14.50, Jamaica Producers ended unchanged at $8.40 with 509,740 units trading, Jamaica Stock Exchange fell by 50 cents to end at $26.50 while trading 10,200 shares, JMMB Group traded 4,116,935 units and lost 20 cents to $9.80. Kingston Wharves traded 1,800 shares to close at $17.55, Mayberry Investments ended with 2,292,911 shares changing hands, to close at $3.50, ICI JSE fn qt 16-09-16 National Commercial Bank had 3,037,523 shares trading and closed with a loss of 25 cents at $40, Pan Jamaican Investments lost 94 cents and closed at $23.51 after trading 326,021 shares. Pulse Investments traded 37,200 shares with a rise of 35 cents to close at $4, Radio Jamaica closed at $1.40 after 110,101 shares changed hands, Sagicor Group traded 358,270 shares while gaining 53 cents to close at $23.10. Sagicor Real Estate Fund traded 4,590 shares to close with a fall of 3 cents at $10.12, Scotia Group dropped $1.80 to close at $30.71 with 1,238,805 shares changing hands. Seprod gained 81 cents to close at $20.51 with 12,000 shares trading and Proven Investments gained 0.95 cent with 297,060 units changing hands to close at 19.99 US cents.

20 JSE stocks rose 14 fall -Thursday

Exchange place Jamaican main market stocks recovered from losses sustained on Thursday with a strong advance decline ratio but with low trading levels. Trading led to the prices of 20 securities gaining out of a total of 43 that traded, with 14 declining in the overall market, including 8 stocks rising and 8 falling, in the junior market.
At the close of the market to 2,177,808 units valued at $15,988,922, changed hands, compared to the 6,452,961 units valued at $39,142,493 changing hands on Wednesday. The junior market accounted for 1,412,005 units valued at $5,750,259 of the total traded on Thursday.
At the close of trading, the JSE Market Index climbed 896.25 points to end at 160,266.81. The all Jamaica Composite Index jumped 1,002.31 points to close at 178,068.65 and the JSE combined index rose 868.84 points, to end at 172,031.02.
ICI JSE sum 15-09-16At the close, IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 13 stocks with bids higher than their last selling prices and 3 with lower offers, suggesting that advancing stocks should continue to have the upper hand immediately ahead.
In market activity, investors picked up just 31,724 units of Cable & Wireless, the price slipped 2 cents in closing at 78 cents, Caribbean Cement gained 41 cents to close at $27 with just 1,255 units changing hands, Carreras traded 5,037 shares and gained 42 cents to close at $66.02, Investors traded 8,000 shares of 1834 Investments to close at $1.24. Grace Kennedy ended at $41.45, with 18,474 shares changing hand, Jamaica Broilers had 8,152 shares changing hands, to end at $14.55.ICI JSE fn qt 15-09-16 Jamaica Producers lost 10 cents and ended at $8.40 with 3,615 units trading, Jamaica Stock Exchange gained 50 cents and ended at $27 while trading 61,156 shares, JMMB Group traded 22,000 units and rose 10 cents to $10. Kingston Wharves jumped $1.35 in trading 9,780 shares to close at $17.55, Pan Jamaican Investments gained 5 cents and closed at $24.45 after trading 3,610 shares, Radio Jamaica closed at $1.40 after 5,899 shares changed hands, Sagicor Group traded 208,100 shares while falling 53 cents to close at $22.57. Sagicor Real Estate Fund traded 28,000 shares to close with a fall of 20 cents at $10.15, Scotia Group closed with a gain of $1.10 at $31.51 with 24,280 shares changing hands. Seprod gained 19 cents to close at $19.70 with 6,473 shares trading, Supreme Ventures gained 23 cents with 76,730 units changing hands to close at $4.98 and Jamaica Money Market Brokers 7.50% preference share closed with 234,000 units changing hands for a 2 cents fall to $2.08.

20 JSE stocks rose – Wednesday

Advancing stocks outnumber declining ones on Wednesday almost 2 to 1.

Advancing stocks outnumber declining ones on Wednesday almost 2 to 1.

Jamaican main market stocks, slipped on a day when the number of securities rose close to record levels, for the overall market on Wednesday. Trading led to the prices of 20 securities gaining out of a total of 46 that traded, with 13 declining in the overall market, including 6 stocks rising and 7 falling, in the junior market.
At the close of the market to 6,452,961 units valued at $39,142,493, changed hands, compared to the 3,862,389 units valued at $14,970,110 changing hands on Tuesday. The junior market accounted for 3,294,451 units valued at $15,960,574 of the total traded on Wednesday.
At the close of trading, the JSE Market Index declined 230.01 points to end at 159,370.56. The all Jamaica Composite Index fell 257.23 points to close at 177,066.34 and the JSE combined index lost 129.39 points, to end at 171,162.18.
ICI JSE sum 14-09-16At the close, IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 11 stocks with bids higher than their last selling prices and 4 with lower offers, suggesting continued fluidity in price movements immediately ahead.
In market activity, Berger Paints traded 29,614 units and rose 6 cents to end at $5.05, investors picked up just 255,635 units of Cable & Wireless, the price rose 1 cent in closing at 80 cents, Caribbean Cement traded 19,195 shares to close with a gain of 59 cents at $26.59. Carreras traded 6,001 shares and fell 42 cents to close at $65.60, Investors traded 51,984 shares of 1834 Investments to close with a loss of 1 cent at $1.24, Grace Kennedy ended at $41.45, with 5,982 shares changing hand, Jamaica Broilers lost 20 cents with 91,362 shares changing hands, to end at $14.55. Jamaica Producers ended at $8.50 with 34,510 units trading, Jamaica Stock Exchange ended at $26.50 while trading 5,000 shares, JMMB Group traded 24,877 units and fell 10 cents to $9.90. Kingston Wharves fell $1.20 in trading 1,032 shares to close at $16.20, Mayberry Investments ended with 535,795 shares trading at $3.50, National Commercial Bank had 7,738 units changing hands, to close with a gain of $1.15 at $40.25, trading in shares of 138 Student Living, ended with 641,007 units changing hands, to gain 20 cents at the close at $4.70. Pan Jamaican Investments gained 40 cents and closed at $24.40 after trading 123,656 shares, ICI JSE fn qt 14-09-16Radio Jamaica closed at $1.40 after 5,000 shares changed hands, Sagicor Group traded 44,896 shares while rising 50 cents to close at $23.10, Sagicor Real Estate Fund traded 16,000 shares to close with a gain of 20 cents at $10.35. Scotia Group closed with a gain of 50 cents at $30.50 with 112,598 shares changing hands, Scotia Investments had 196,976 units changing hands at $26, Seprod gained 1 cent to close at $19.51 with 5,000 shares trading, Supreme Ventures dipped 23 cents with 57,000 units changing hands to close at $4.75. JMMB Group 7.50% preference share rose 1 cent in trading 377,528 units to close at $1.09 and Jamaica Money Market Brokers 7.50% preference share closed with 500,000 units changing hands for a 1 cent rise to $2.09.

19 JSE stocks rose on Tuesday

Exchange place Jamaican stocks recovered some of the losses of the past two trading days with all three main market indices rising over 1,270 points when the market closed on Tuesday with the advance declining ratio be positive close two to one. The volume of stocks trading more than doubled, the volume traded on Monday, as the volume in Cable & Wireless climbed 230 percent to 2.1 million.
At the close of the market to 3,862,389 units valued at $14,970,110, compared to the 1,421,290 units valued at $14,318,294 changing hands on Monday. The junior market accounted for 531,125 units valued at $2,288,358 of the total traded on Tuesday.
At the close of trading, the JSE Market Index jumped 1,531.08 points to end at 159,600.57. The all Jamaica Composite Index surged 1,712.27 points to close at 177,323.57 and the JSE combined index climbed 1,272.91 points, to end at 171,291.57.
ICI JSE sum 13-09-16At the close, the prices of 19 securities gained out of a total of 33 that traded, with 11 declining in the overall market, including 7 stocks rising and 2 falling, in the junior market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 13 stocks with bids higher than their last selling prices and 8 with lower offers, suggesting continued fluidity in price movements ahead.
In market activity, Berger Paints traded 19,410 units and lost 1 cent to end at $4.99, investors picked up 2,134,925 units of Cable & Wireless gained 4 cents in closing at 79 cents as the stock gained some support at these lower levels. Caribbean Cement traded 62,686 shares to close with a gain of 40 cents at $26, Carreras traded 2,955 shares and gained 2 cents to close at $66.02, Investors traded 74,479 shares of 1834 Investments to close 15 cents higher at $1.25, Grace Kennedy rose 15 cents and ended at $41.45, with 37,527 shares changing hands. Jamaica Broilers rose 23 cents with 121,227 shares changing hands, to end at $14.75. Jamaica Producers ended with a loss of 9 cents at $8.50 with 16,259 units trading, JMMB Group traded 15,188 units and rose 15 cents to $10. Kingston Wharves gained 40 cents in trading 44,675 shares to close at $17.40, National Commercial Bank had 22,790 units changing hands to close with a loss of $1 at $39, Pan Jamaican Investments fell 50 cents and closed at $24 after trading 40,560 shares.ICI JSE fn qt 13-09-16 Portland JSX closed at $11 with 15,450 shares changing hands, Radio Jamaica lost 2 cents to close at $1.40 after 84,764 shares changed hands, Sagicor Group traded 24,100 shares while rising 10 cents to close at $22.60, Sagicor Real Estate Fund traded 12,524 shares to close with a loss of 5 at $10.15. Scotia Group closed at $30 with 26,885 shares changing hands, Scotia Investments climbed 50 cents with 4,280 units changing hands at $26, Supreme Ventures gained 22 cents with 2,000 units changing hands to close at $4.98, Proven Investments traded 3,125 units to close at 19 US cents and JMMB Group 7.50% preference share lost 2 cents in trading 563,355 units to close at $1.08.

JSE stocks drop again on Monday

NCB gained $1 on Monday.

NCB gained $1 on Monday.

Jamaican stocks continued to record losses in continuation of the fall on Friday with the market closing on Monday with slightly more losses than gains, leading to falls in the market indices. The volume of stocks trading dropped sharply by the close of the market to 1,421,290 units valued at $14,318,294, compared to the 3,924,169 units valued at $39,797,286 changing hands on Friday.
The junior market accounted for 314,520 units valued at $1,453,100 of the total traded on Monday.
At the close of trading, the JSE Market Index sank 603.84 points to end at 158,069.49. The all Jamaica Composite Index dropped 675.29 points to close at 175,611.30 and the JSE combined index dived 516.84 points, to end at 170,018.66.
At the close, the prices of 9 securities gained out of a total of 35 that traded, with 12 declining in the overall market, including 2 stocks rising and 4 falling, in the junior market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the ICI JSE sum 12-09-16Investor’s Choice bid-offer indicator reading showed 14 stocks with bids higher than their last selling prices and 7 with lower offers, suggesting continued fluidity in price movements ahead.
In market activity, Barita Investments traded 8,500 units at $3.11, investors picked up 647,500 units of Cable & Wireless between the closing price of 75 cents and 80 cents during trading but the stock remains weak at the close, with lots of selling and little buying interest. Caribbean Cement traded 1,000 shares to close with a gain of 10 cents at $25.60, Carreras traded 895 shares and gained 30 cents to close at $66, Grace Kennedy dropped 15 cents and ended at $41.30, with 144,333 shares changing hands. Jamaica Broilers had 3,169 shares changing hands, to end at $14.52. Jamaica Producers ended with a loss of 9 cents at $8.41 with 20,124 units trading, JMMB Group traded 17,612 units and lost 3 cents to $9.85. ICI JSE fn qt 12-09-16Kingston Wharves fell 40 cents in trading 16,529 shares to close at $17, National Commercial Bank had 8,540 units changing hands to close with a gain of $1 at $40, Pan Jamaican Investments rose 50 cents and closed at $24.50 after trading 38,157 shares. Radio Jamaica rose 2 cents to close at $1.42 after 5,736 shares that changed hands, Sagicor Group traded 7,000 shares while rising 9 cents to close at $22.50, Sagicor Real Estate Fund traded 30,700 shares to close at $10.20, Scotia Group climbed 95 cents to close at $30 with 66,000 shares changing hands. Scotia Investments dropped 45 cents with 58,572 units changing hands at $25.50, Sterling Investments traded 5,000 units but fell 15 cents to $14, Supreme Ventures had 17,844 units changing hands at $4.76 and Proven Investments traded 5,201 units to close at 19.87 US cents.