Ciboney — Page 16

JSE main market stocks retreat on Friday

January 8, 2016 by IC Insider.com

JMMB Group closed at new 52 weeks’ high on Friday

Thirteen stocks closed at 52 weeks’ highs, as the Jamaica Stock Exchange’s main markets dipped but the junior market surged 8.7 percent to a new record high. Sharp gains in the three Lasco companies along with gains in 7 others, helped push the junior market index to it new heightened levels.
The JSE Market Index fell 361.01 points to 156,723.37, the all Jamaica Composite Index dropped 403.44 points to end at 174,103.51 and the JSE combined index rose 1,175.06 points to close at 166,676.48. At the close, 14,781,285 units valued at $108,053,355 changed hands in all markets with the junior market accounting for of 10,672,995 units changed hands, valued at $46,214,999. Trading was broad based with a total of 43 active securities in all market segments as 25 in the combined markets gained and 12 declined.

IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 15 stocks with bids higher than their last selling prices and 4 with lower offers.
In trading, Berger Paints ended with 362,381 shares trading at $3.20, for a fall of 50 cents. Cable and Wireless rose 8 cents, with 430,114 units changing hands to close at $1.40, Caribbean Cement dropped $5.45 to end at $21.05, with 90,201 shares trading, Carreras fell $1 and closed at $60 with 102,883 units changing hands. Ciboney traded only 32,159 shares with price rising 1 cent to 25 cents, Desnoes and Geddes traded 2,000 shares but closed at $29.01, Gleaner Company traded 255,400 shares with a gain of 10 cents to close at $2.70, Grace Kennedy closed with 154,940 units changing hands at $84. Hardware and Lumber traded 599,470 shares at $18.50, Jamaica Broilers fell 1 cent and closed at $10.75 with 462,348 shares changing hands, Jamaica Producers traded 121,252 shares to end at $31. JMMB Group traded 223,017 units and rose 36 cents to end at a 52 weeks high of $12.36, Kingston Wharves rose 25 cents in trading 62,559 units at $11.25, National Commercial Bank gained $1.55 to end at $43.05, with 10,886 units changing hands at a new 52 weeks’ closing high. Radio Jamaica had 153,706 shares trading 45 cents higher at $5.50.

Sagicor Group jumped 52 cents to close at a 52 weeks’ high of $23.03 with 464,643 units changing hands, Sagicor Real Estate Fund traded 66,500 shares but the price jumped $1.60 to $11.60. Scotia Group closed with 62,862 shares changing hands at 52 weeks’ closing high of $32 for a gain of $1.90, Scotia Investments fell by 85 cents to close at $29.05 after trading 10,000 shares, Supreme Ventures fell 6 cents to end at $4.60 with 166,144 units changing hands. Proven Investments traded 36,200 ordinary shares to end at 21.5 US cents after declining by 1.49 US cents, Jamaica Money Market Brokers 7.50% preference share traded 50,000 units for a gain of 2 cent to end at $2 and Proven Investments preference share traded 182,905 units to close at $5.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Ciboney, Desnoes and Geddes’, Gleaner, Grace Kennedy, Jamaica Broilers, Jamaica Money Market Brokers, Jamaica Stock Exchange, Kingston Wharves, National Commercial Bank, Pan Jamaican, Proven Investments, Pulse Investments, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Supreme Ventures

Another explosive day for Jamaican stocks

January 7, 2016 by IC Insider.com

Carib Cement closed at a new 52 weeks’ high on Thursday of $26.50.

Nine stocks traded to close at 52 weeks’ highs on Thursday as the Jamaica Stock Exchange’s junior and main markets exploded with the main market indices jumping between 2,832 and 3,371 points, as JMMB Group jumped to $12, Sagicor Group climbed to a new closing high of $22.51 and Scotia Group traded at an intraday high of $34.
The JSE Market Index surged 2,831.72 points to 157,084.38, the all Jamaica Composite Index soared 3,164.61 points to end at 174,506.95 and the JSE combined index leapt 3,371.69 points to close at 165,501.42.
At the close, 6,753,668 units valued at $75,464,922 changed hands in all markets with the junior market accounting for of 3,272,184 units changing hands, valued at $17,503,527. Trading was broad based with a total of 44 active securities in all market segments as 19 in the combined markets gained and 11 declined.
The main market seems on its way to 185,000 points level, the next major area of resistance having been moving well away from resistance around the 165,000 points level on the all Jamaica composite index. There is limited volume of stocks of some major companies on offer, suggesting that investors holding them see much higher prices ahead hence the need for buyers to increase their prices to obtain supply.

What appears to be an imbalance could well see the main market breaking the 185,000 points level before long. IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 15 stocks with bids higher than their last selling prices and 4 with lower offers.
In trading, Berger Paints ended with 159,300 shares trading at $3.70, for a rise of 54 cents. Cable and Wireless fell 3 cents, with 154,380 units changing hands to close at $1.32, Caribbean Cement jumped $5.50 to end at a 52 weeks’ high of $26.50, with 90,670 shares trading, Carreras closed at $61 with 5,873 units changing hands. Ciboney traded only 1,200 shares with price falling 1 cent to 24 cents, Desnoes and Geddes traded 22,100 shares but closed at $29, mp-in-gleaners-q3-profits-by-70/”>Gleaner Company traded 264,000 shares at $2.60 with a 10 cents gain, Grace Kennedy closed with 4,033 units changing hands at $84.70. Jamaica Broilers rose 1 cent and closed at a 52 weeks’ high of $10.76 with 726,646 shares changing hands, Jamaica Producers traded 25,200 shares to end at $31 for a loss of 99 cents. JMMB Group traded 5,500 units and rose 90 cents to end at a 52 weeks high of $12, infrequently traded Kingston Properties had 43,707 units trading at $7.07, Kingston Wharves lost 40 cents in trading 155,819 units at $11.

Mayberry Investments gained 5 cents with 11,010 units changing hands at $4.40, National Commercial Bank lost 50 cents to end at $42, with 140,765 units changing hands. Radio Jamaica had 10,000 shares trading 5 cents higher at $5.05. Sagicor Group jumped 51 cents to close at a 52 weeks’ high of $22.51 with 819,266 units changing hands, Sagicor Real Estate Fund traded 120,708 shares but the price dropped $1 to $10. Scotia Group closed with 550,504 shares changing hands at $30.10 for a gain of 8 cents, but traded at an intraday 52 weeks’ high of $34. At the close, the lowest offer to sell was at $34 with 17,939 shares and 3,895 units at $39.99 as supply of the stock has dried up. Bids were at $30.10 and lower with relative low volumes. Supreme Ventures ended at $4.66 with 103,650 units changing hands and Proven Investments traded 34,600 ordinary shares to end at 22.89 US cents.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Ciboney, Desnoes and Geddes’, Gleaner, Grace Kennedy, Jamaica Broilers, Jamaica Money Market Brokers, Jamaica Stock Exchange, Kingston Wharves, Mayberry Investments, National Commercial Bank, Proven Investments, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Supreme Ventures

12 new highs as JSE explodes Wednesday

January 6, 2016 by IC Insider.com

NCB ended at a new closing high of $42.

Twelve stocks traded at 52 weeks’ closing highs as the Jamaica Stock Exchange main market exploded by the close of trading with the main indices jumping between 2,496 and 2,870 points, as JMMB Group jumped to $11.10, National Commercial Bank moved to a record close of $42, Sagicor group jumped to a new closing high of $22.
The JSE Market Index surged 2,568.62 points to 154,252.66, the all Jamaica Composite Index soared by 2,870.57 points to end at 171,342.34 and the JSE combined index leapt 2,496.15 points to close at 162,129.73.
At the close, 17,158,401 units valued at $122,672,205 changed hands in all markets with the junior market accounting for of 3,347,529 units changed hands, valued at $9,025,299. Trading was broad based with a total of 44 active securities in all market segments as 25 in the combined markets rising and 10 declining.
The main market seems on its way to 185,000 points level the nest major area of resistance having been moving well away from resistance around the 165,000 points level on the all Jamaica composite index.

IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 15 stocks with bids higher than their last selling prices and 4 with lower offers.
In trading, Berger Paints ended with 4,349,578 shares trading at $3.16, for a rise of 1 cent. Cable and Wireless fell 5 cents, with 390,428 units changing hands to close at $1.35, Caribbean Cement jumped $1.50 to end at a 52 weeks’ high of $21, with 163,870 shares trading, Carreras closed at $61, with 1,720 units changing hands for a rise of 15 cents. Ciboney traded 57,841 shares with price rising 4 cents to 25 cents, Desnoes and Geddes traded 1,417 shares but closed down 5 cents to $29, Gleaner Company traded 710,170 shares at $2.50 with a 45 cents gain. Grace Kennedy closed with 4,031 units changing hands, for 50 cents higher at $84.70, Jamaica Broilers rose 30 cents and closed at a 52 weeks’ high of $10.75 with 34,091 shares changing hands, Jamaica Producers traded 5,000 shares to end at $31.99 for a loss of 1 cent. Jamaica Stock Exchange traded 37,839 shares to close at $18.60. JMMB Group traded 1,104,439 units and rose 65 cents to end at a 52 weeks high of $11.10,

s=”alignright size-full wp-image-24176″ />Kingston Wharves rose 5 cents in trading 6,071,000 units at $11.40, Mayberry Investments had 10,530 units changing hands for $4.35, National Commercial Bank gained $1.42 to end at a 52 weeks’ high of $42, with 13,868 units changing hands. 138 Student Living had 3,067 units trading for a gain of 5 cents to a 52 weeks’ high of $4.75, Radio Jamaica had 377,987 shares trading at $5. Sagicor Group jumped $1.81 to close at a 52 weeks’ high of $22 with 15,950 units changing hands. Scotia Group had 218,703 shares changing hands at $30.02 for a gain of 1 cent and Supreme Ventures rose 3 cents to end at $4.66 with 123,931 units changing hands and Proven Investments traded 41,432 ordinary shares to end at 22.9 US cents.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Ciboney, Desnoes and Geddes’, Gleaner, Grace Kennedy, Jamaica Broilers, Jamaica Money Market Brokers, Jamaica Stock Exchange, Kingston Wharves, Mayberry Investments, National Commercial Bank, Proven Investments, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Seprod, Supreme Ventures

JSE starts 2016 on a new high

January 4, 2016 by IC Insider.com

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NCB closed at new high of $40.50 on Monday.

The Jamaica stock market started the new-year where it left off the old with all three main indices making generous gains to reach new records. The JSE Market Index climbed 777.23 points to 151,469.36, the all Jamaica Composite Index rose 868.60 points to end at 168,231.85 and the JSE combined index gained 945.76 points to close at 159,214.90.
At the close, 5,096,460 units valued at $149,875,337 changed hands in all markets with the junior market accounting for of 1,707,388 units, valued at $6,741,784. A total of 35 securities traded in all market segments, 17 of which in the combined markets gained and 8 declined. Five stocks traded at 52 weeks’ closing high and 2 at intraday 52 weeks’ high as investors continue to push prices higher.
The main market was facing resistance around the 165,000 points level, the on the all Jamaica composite index, now that it has crossed it and seems to be moving away. This level appears to be moving towards support for the market.
IC bid-offer Indicator| At the end of trading,

in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 11 stocks with bids higher than their last selling prices and 2 with lower offers.
In trading, Berger Paints ended with 85,100 shares trading at $3.15 for a loss of 5 cents, Cable and Wireless rose 8 cents with 212,690 units changing hands to close at $1.38, Caribbean Cement climbed 54 cents to end at $20.44, with 10,000 shares trading. Carreras closed at $60, with 2,261,300 units changing hands for 82 cents fall but not until after it traded at a new 52 weeks’ intraday high of $62, Gleaner Company traded 52,000 shares at $1.70 with a 40 cents increase. Grace Kennedy with 2,483 units changing hands finished $2.75 higher at $84, Jamaica Broilers rose 25 cents and closed at $10.50 with 124,677 shares changing hands, Jamaica Producers traded 1,000 shares to end at $32, after rising $1.32,

Jamaica Stock Exchange gained 39 cents in trading 1,400 shares at $18.99, National Commercial Bank gained 50 cents to end at a 52 weeks’ high of $40.50, with 12,145 units changing hands. 138 Student Living had 260,933 units trading at a 52 weeks’ high of $4.60 after rising by 10 cents, Radio Jamaica had 51,000 shares trading with a gain of 42 cents to end at $4.08, Sagicor Group closed at $20 with 24,426 units changing hands, Scotia Group had 36,809 shares changing hands at $30.01. Seprod closed with a loss of 44 cents at $20.56 with 2,938 shares trading, Supreme Ventures ended at $4.66 with 208,363 units changing hands and Jamaica Money Market Brokers 7.25% preference share traded 26,000 units to gain 4 cents and ended at $2.06.

Filed Under: JSE Main Market, Stock Market Tagged With: Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Ciboney, Desnoes and Geddes’, Gleaner, Grace Kennedy, Jamaica Broilers, Jamaica Money Market Brokers, Jamaica Stock Exchange, National Commercial Bank, Proven Investments, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Seprod, Supreme Ventures

New record for JSE majors – Monday

December 28, 2015 by IC Insider.com

Jamaican stock market closed at a new all-time high on Monday.

Trading ended on the Jamaica stock market with all three main indices climbing to new record highs, with gains of more than 1,000 points. Only 30 securities traded in all market segments with the junior market accounting for 9,625,941 units, valued at $21,462,981, of the trades.
The number of shares changing hands ended at 13,211,348 units valued at $79,384,406.
A total 17 stocks in the combined markets gained and 5 declined. One stock traded at 52 weeks’ closing high and one at intraday 52 weeks’ high as the bull market continues to wind its way forward.
At the close the JSE Market Index climbed 1,012.93 points to 147,160.14, the all Jamaica Composite Index rose 1,132.01 points to end at 163,416.05 and the JSE combined index gained 1,138.74 points to close at 154,128.91. The main market faces resistance test around the 165,000 points level, on the all Jamaica composite index.

IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 15 stocks with bids higher than their last selling prices and 6 with lower offers.
In trading, Barita Investments ended with a loss of 5 cents as 105,000 shares traded at $3.80, Berger Paints traded 143,510 shares at $3.15, Cable and Wireless had 92,427 units changing hands at $1.33, Caribbean Cement lost 10 cents to end at $18.10, with 2,979,782 shares trading, Carreras rose 75 cents to close at $60.75, with 610 units changing hands. Grace Kennedy gained 9 cents with 561 units changing hands, to finish at $80.11, Jamaica Broilers rose 20 cents to close at $10.05 with 32,000 shares changing hands, Jamaica Producers traded 20,000 shares to end at $32, JMMB Group rose 30 cents to close at $10.45 with 4,454 units changing hands.

Kingston Wharves gained just 1 cent to close at $11.35 with 40,200 shares changing hands, Mayberry Investments had 20.000 shares trading at $4.40 for a gain of 10 cents, National Commercial Bank lost 20 cents to end at $39.70, with 4,100 units changing hands, Pulse Investments traded 5,370 units with a gain of 25 cents at $2.75. Sagicor Group closed with 44,400 units changing hands with a gain of 90 cents to $18.50 for a new 52 weeks’ closing high, Scotia Group gained 30 cents with 36,408 shares changing hands at $30, Supreme Ventures ended at $4.66 with 15,000 units changing hands and Jamaica Money Market Brokers 7.25% preference share traded 50,000 units at $2.02.

Filed Under: Feature Stories, Stock Market Tagged With: Barita Investments, Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Ciboney, Desnoes and Geddes’, Jamaica Broilers, Jamaica Money Market Brokers, Jamaica Producers, Kingston Wharves, Mayberry Investments, National Commercial Bank, Pulse Investments, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Supreme Ventures

JSE majors rise moderately – Wednesday

December 23, 2015 by IC Insider.com

Trading ended on the Jamaica stock market with 7,296,773 units valued at $35,344,599 changing hands, in all market segments with 35 securities trading. The junior market accounted for 1,962,619 units, valued at $7,767,219. A total 12 stocks in the combined markets gained, 13 declined. 5 stocks closed at 52 weeks’ high and 1 at an intraday high.
At the close the JSE Market Index climbed 530.12 points to 145,696.52, the all Jamaica Composite Index rose 592.44 points to end at 161,780.37 and the JSE combined index gained 298.10 points to close at 152,241.69. The main market continues to face a test around the 165,000 points resistance level, on the all Jamaica composite index.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 13 stocks with bids higher than their last selling prices and 5 with lower offers.
In trading, Cable and Wireless fell 15 cent4 with 2,728,949 units changing hands to close at $1.15, Caribbean Cement fell 11 cents to end at $18.09 with 797,423 shares changing hands, Carreras closing at $60.75, with 4,700 units changing hands. Ciboney lost 3 cents to close at 20 cents with 270,000 shares, Gleaner closed with 964,454 units changing hands at $1.30, Grace Kennedy rose $4, with 4,066 units changing hands, to finish at a new 52 weeks’ high of $85, but the stock was offered at the end of trading at $84. Jamaica Broilers fell by 30 cents to close at $10.20 with 219,382 shares changing hands, Jamaica Producers traded 47,400 shares to end at $32, the Jamaica Stock Exchange did not trade but closed with the bid at $18.34 compared with Tuesday’s close of $16, offers declined to only two lots of 22,000 shares. JMMB Group traded 7,965 ordinary shares, but fell 39 cents to end at $10.11, Mayberry Investments had 68,466 shares trading at $4.20 for a gain of 10 cents, National Commercial Bank rose 69 cents to end at $39.70, with 55,480 units changing hands, Sagicor Group closed with 45,707 units changing hands with a gain of 30 cents at $17.50. Sagicor Real Estate Fund lost 2 cents in trading 5,000 shares at $10.20. Scotia Group declined by $1.39 with 1,470 shares changing hands at $28.61, Supreme Ventures ended at $4.60 with 66,460 units changing hands and JMMB87.5% preference share traded 35,700 units but fell 10 cents to close at $2.80.

Filed Under: JSE Main Market Tagged With: Cable & Wireless, Caribbean Cement, Carreras, Ciboney, Desnoes and Geddes’, Gleaner, Grace Kennedy, Jamaica Broilers, Jamaica Money Market Brokers, Jamaica Stock Exchange, Kingston Wharves, Mayberry Investments, National Commercial Bank, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Supreme Ventures

Record Friday for JSE stocks

December 18, 2015 by IC Insider.com

138 Student Living led the majors with 59m shares on Friday.

The main market recorded another day of strong gains of more than 2,200 points on Friday to reach a new record. The market closed with 117,491,770 units valued at $587,527,747 changing hands, in all market segments with 34 securities trading.
The junior market accounted for 55,544,624 units, valued at $296,776,261 as 13 stocks in the combined markets gained, 6 declined, 4 stocks closed at 52 weeks’ high.
138 Student Living had the largest trade in the main market with 58,949,590 units valued at $265,273,155 to close 10 cents up at a 52 weeks’ high of $4.50 while Honey Bun traded 55.2 million units valued at $295,438,307 in the junior market.
At the close the JSE Market Index climbed 2,213.58 points to 146,623.79, the all Jamaica Composite Index rose 2,473.80 points to end at 162,816.65 and the JSE combined index added 2,381.16 points to close at 153,343.26. The main market continues to face a test at the 165,000 points resistance level, on the all Jamaica composite index, but based on the churning of price movements in recent weeks, it is likely to take some more trading days to break through that level if the break takes place.

IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 8 stocks with bids higher than their last selling prices and 5 with lower offers.
In trading, Berger Paints ended with 19,344 units trading at $3.15, Cable and Wireless lost 10 cents with 266,406 units changing hands to close at $1.30, at the close, there were over 1.84 million units on the offer at $1.40 with bids not looking particularly strong at $1.30 and below. Caribbean Cement closed with a rise of 20 cents to end at $18.20, with 19,955 shares changing hands, Carreras gained 99 cents in closing at $60 with 18,184 units trading, Ciboney traded at 27 cents with 54,500 units changing hands, Grace Kennedy gained 50 cents, with 77,778 units changing hands, to finish at a 52 weeks’ closing high of $80. Jamaica Broilers price fell $1.86 to $8.64, with 32,234 shares changing hands, the stock was offered for sale at $9.90 at the close, Jamaica Producers traded 13,000 shares at $31.90,

The Jamaica Stock Exchange share traded 5,000 units to close at $18.95, Kingston Wharves saw trading in 10,000 shares at $11.35 as the price slipped 5 cents. National Commercial Bank rose 30 cents and ended at $39 with 22,500 units changing hands, Pan Jamaican Investment had 20,000 units changing hands at $92.50, having risen 39 cents, Sagicor Group closed with 50,628 units changing hands but the price gained 69 cents to end at $17.50 for a new 52 weeks’ closing high. Scotia Group gained $1.99 with 73,780 shares changing hands at a 52 weeks’ closing high of $30.99 and Supreme Ventures fell 50 cents to end at $4, with 2,300,000 units changing hands.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, Berger Paints, Cable & Wireless, Caribbean Cement, Ciboney, Gleaner, Grace Kennedy, Honey Bun, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Kingston Wharves, National Commercial Bank, Pan Jamaican, Sagicor Group, Scotia Group, Supreme Ventures

Stocks eke out more gains – Thursday

December 17, 2015 by IC Insider.com

Seprod hits new 52 weeks’ high on Thursday

The main market recorded another day of gains on Thursday, but the with a negative advance decline ratio the main indices enjoyed just a moderate gain. The market closed with 45,015,874 units valued at $192,134,961 changing hands, in all market segments with 34 securities trading.
The junior market accounted for 43,233,932 units, valued at $166,308,887 as 19 stocks in the combined markets gained, 14 declined, 5 stocks closed at 52 weeks’ high and 1 traded at an intraday high, but pulled back before the close.
While the main market indices rose, the gains were low at under 250 points with the JSE Market Index climbing 152.28 points to 144,410.21, the all Jamaica Composite Index rising 170.18 points to end at 160,342.85 and the JSE combined index adding 224.86 points aided by junior market gains, to close at 150,962.10. The main market faces a test at 165,000 points resistance level, on the all Jamaica composite index, but based on the churning of price movements in recent weeks, it is likely to take some more trading days to break through that level if the break takes place.

IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 12 stocks with bids higher than their last selling prices and 5 with lower offers.
In trading, Berger Paints ended with 45,252 units trading with a decline of 15 cents to $3.15, Cable and Wireless rose 9 cents with only 198,570 units changing hands to close at $1.40, at the close, there were over 2 million units on the offer at $1.40 with bids not looking particularly strong at $1.30 and below. Caribbean Cement closed with a loss of 20 cents to end at $18, with 53,180 shares changing hands. Carreras fell 4 cents in closing at $59.01 with a mere 20,543 units trading, Ciboney traded at 27 cents with 65,000 units changing hands, Gleaner traded at $1.26 down 14 cents with 228,000 units trading, Grace Kennedy gained $1.50, with 10,581 units changing hands, to finish at $79.50. Jamaica Broilers price rose $1.90 to $10.50, with 71,366 shares changing hands, the stock was offered for sale at $9.90 at the close. The Jamaica Stock Exchange share traded 22,665 units and lost 5 cents to close at $18.95, Kingston Wharves saw trading in 15,000 shares at $11.35 as the price slipped 5 cents,

National Commercial Bank rose 34 cents and ended at $38.70 with 173,608 units changing hands, Pan Jamaican Investment had 13,000 units changing hands at $92.11, having lost 89 cents. Pulse Investments traded 148,669 shares with a loss of 40 cents to end at $2.10, Radio Jamaica lost 60 cents to land at $3 with 12,900 shares trading, Sagicor Group closed with 24,780 units changing hands but the price gained 6 cents to end at $16.81. Scotia Group gained 89 cents with 94,242 shares changing hands at $29, Supreme Ventures fell 15 cents to end at $4.50 with 37,168 units changing hands. Proven Investments rose 0.99 US cents had 145,550 shares trading at 22.99 US cents, followed by Proven Investments 8% preference share with 17,675 units trading at $5.10 with a loss of 40 cents.

Filed Under: JSE Main Market, Stock Market Tagged With: Berger Paints, Cable & Wireless, Caribbean Cement, Ciboney, Daily Trading, Gleaner, Grace Kennedy, Jamaica Broilers, Jamaica Stock Exchange, Jamaican Stock, Kingston Wharves, Mayberry Investments, National Commercial Bank, Pan Jamaican, Proven Investments, Pulse Investments, Sagicor Group, Scotia Group, Seprod, Supreme Ventures, Trading Activity

Jamaican stocks churning forward

December 16, 2015 by IC Insider.com

JSE stock traded at a new high on Wednesday

The main market recorded another day of gains on Wednesday, but a negative advance decline ratio, the main indices enjoyed just moderate gains. The market closed with 5,617,754 units valued at $48,826,282 changing hands, in all market segments with 34 securities trading.
The junior market accounted for 2,721,358 units, valued at $9,118,051 as 11 stocks gained, 14 declined, 1 stock closed at a 52 weeks’ high and 2 traded at an intraday high but pulled back before the close.
While the main market indices rose, the gains were very low at under 300 points each with the JSE Market Index climbing just 53.41 points to 144,257.93, the all Jamaica Composite Index rose a mere 59.69 points to end at 160,172.67 and the JSE combined index added 287.46 points thanks to gains in the junior market to close at 150,737.24.

Notwithstanding today’s gains, the main market faces the next test at 165,000 points level, on the all Jamaica composite index.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a good reading of 15 stocks with bids higher than their last selling prices and 3 with lower offers.
In trading, Cable and Wireless rose 1 cent with only 110,997 units changing hands to close at $1.31, Caribbean Cement closed trading at $18.20, with 25,936 shares changing hands. Carreras fell 85 cents in closing at $59.05 with a mere 250 units trading, Ciboney traded at 27 cents with 215,700 units changing hands, Grace Kennedy declined by $1, with 3,246 units changing hands, to finish at $78. Jamaica Broilers traded at a 52 weeks’ high of $10.50, by the close the price fell 65 cents in trading 65,576 shares, to close at $8.60, Jamaica Producers jumped $2.99 in trading 3,125 units at $31, the Jamaica Stock Exchange shares traded 23,288 units at $19, but traded at a new intraday 52 weeks’ high of $19.05.

Kingston Wharves saw trading in 5,500 shares at $11.40 as the price slipped 10 cents, Mayberry Investments gained 30 cents with 400,114 units changing hands to end at $5, National Commercial Bank fell 14 cents and ended at $38.36 with 17,175 units changing hands, Pan Jamaican Investment had 4,581 units changing hands at $93. Radio Jamaica rose by 60 cents and landed at $3.60 with 24,000 shares trading, Sagicor Group closed with 1,867,437 units changing hands but the price fell by 25 cents to end at $16.75, Scotia Group dropped $1.89 with 55,916 shares changing hands at $28.11. Seprod traded 5,000 shares at $20.50, Supreme Ventures fell 30 cents to end at $4.35 with 61,988 units changing hands and Proven Investments fell 0.9 US cent as 37,468 shares traded to close at 22 US cents.

Filed Under: JSE Main Market, Stock Market Tagged With: Berger Paints, Cable & Wireless, Caribbean Cement, Ciboney, Desnoes and Geddes’, Gleaner, Grace Kennedy, Jamaica Broilers, Jamaica Money Market Brokers, Jamaica Stock Exchange, Kingston Wharves, Mayberry Investments, National Commercial Bank, Pan Jamaican, Proven Investments, Pulse Investments, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Seprod, Supreme Ventures

15 up 15 down on Tuesday

December 15, 2015 by IC Insider.com

Scotia Group traded at an intraday 52 weeks’ high of $30.99.

The main market recorded another day of gains on Tuesday, pushing the main indices up but by less than on Monday. The market closed on Tuesday with 7,395,180 units valued at $65,085,306 changing hands, in all market segments with 38 securities trading. Of the total value of stocks traded $20,386,711 was executed in the junior market. A total of 15 stocks gained, 15 declined as 1 stock closed at 52 weeks’ high and 1 traded at an intraday high but pulled back before the close.
The JSE Market Index climbed 845.57 points to 144,204.52, the all Jamaica Composite Index rose 944.97 points to end at 160,112.98 and the JSE combined index added 554.46 points to close at 150,449.78. Notwithstanding today’s gains, the main market faces the next test at 165,000 points level, on the all Jamaica composite index.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 8 stocks with bids higher than their last selling prices and 4 with lower offers.
In trading, Berger Paints rose by 10 cents in trading 29,253 units at $3.40, Cable and Wireless fell 3 cents with only 138,174 units changing hands and closed at $1.30, Caribbean Cement fell 40 cents and closed trading at $18.20, with 10,731 shares changing hands.

Carreras rose $2.90 and closed at $59.90 with 26,654 units trading, Ciboney traded at 27 cents at the close with 114,749 units changing hands after rising 5 cents, Grace Kennedy gained $2.50 with 5,250 units changing hands, to finish at a 52 weeks’ high of $79, Jamaica Broilers fell 65 cents in trading 2,098,850 shares, to close at $9.25. Jamaica Producers was up 1 cent in trading 50,066 units at $28.01, Jamaica Stock Exchange shares rose by a cent in trading 19,449 units at $19 for a new closing 52 weeks’ high, Kingston Wharves saw trading in 100,000 shares at $11.50 as the price gained 30 cents, Mayberry Investments closed with 169,517 units changing hands at $4.70. National Commercial Bank rose 45 cents and ended at $38.50 with 153,879 units changing hands, Pan Jamaican Investment had 87,343 units changing hands at $93, with a rise of 90 cents, Pulse Investments traded 48,666 shares with the price climbing 20 cents to close at $2.50, Radio Jamaica lost 80 cents and landed at $3 with 1,000 shares trading. Sagicor Group with 113,949 units changing hands ended at $17, Salada Foods gained 21 cents and closed at $9.01 while trading 60,000 shares, Scotia Group jumped $1.50 with 217,472 shares changing hands and ended at $30.

The banking group traded at an intraday high of $30.99, Scotia Investments dipped $1.05 with 1,000 units trading and closed at $28.95, Seprod traded 81,599 shares and lost 5 cents in closing at $20.50, Supreme Ventures fell 30 cents to end at $4.35 with 61,988 units changing hands. Proven Investments had 25,000 shares trading at 22.9 US cents, followed by Jamaica Money Market Brokers 7.50% preference share, enjoyed a good day of trading, with 808,320 units changing hands at $1.90 and Jamaica Money Market Brokers 8.75% preference share ended with 707,438 units changing hands at $2.89, with the price slipping a cent.