Ciboney — Page 18

Bulls take charge of JSE on Thursday

November 26, 2015 by IC Insider.com

Jamaica Producers closed at a new 52 weeks’ high of $31 on Thursday.

The Jamaica Stock Exchange main market suffered another day of reversal in the indices on Thursday, even as more stocks gained than declined. The market closed with a volume of 10,536,571 units valued at $65,677,281 changing hands, in all market segments.
Activity took place in 42 securities, leading to 22 securities rising and 10 declining with 4 stocks ending at 52 weeks’ closing highs and one stock closed at a 52 weeks’ low. The JSE Market Index rose 1,159.84 points to 141,106.63, the all Jamaica Composite Index climbed 1,296.19 points to end at 156,650.91 and the JSE combined index gained 1,523.05 points to end at 147,440.90.
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 7 with lower offers.
In trading, Cable and Wireless closed with 1,296,078 units changing hands at $1.42 and gained of 2 cents, Caribbean Cement climbed $1 to $19 with 250,137 shares changing hands,

Carreras fell $3.90 to close at $55.10 with 5,319 units trading, Ciboney did not traded but had a bid to buy 400,000 at 17 cents and just below that are bids to buy 1.9 million units at 16 cents. Desnoes & Geddes ended with 67,000 shares trading at $30, Gleaner traded 105,270 units at $1.94, Jamaica Broilers traded 1,102,100 shares to close at $8.60. Grace kenned traded 70,834 units 40 cents higher at $75.50, Jamaica Producers jumped $2 while trading 8,779 shares to end at $31 for a 52 weeks’ high, The Jamaica Stock Exchange had 43,000 shares changing hands but fell 13 cents, to end at $13.15, JMMB Group rose 5 cents while trading 161,362 shares to close at $10.25. Kingston Wharves ended with 11,638 shares changing hands at $11.47, Mayberry Investments closed with 21,830 units trading with a gain of 50 cents and ended at $4.50, National Commercial Bank closed with a rise of 18 cent as 105,002 shares changed hands to end at $37.19. Pan Jamaican Investments dropped $5 to end at $90 with 6,531 units changing hands. Pulse Investments traded 20,000 shares and ended at $3 after falling 65 cents, Radio Jamaica ended at a 52 weeks’ high of $5.50, after rising 43 cents, with 11,610 units changing hands, Sagicor Group rose 20 cents in trading 239,919 units to end at $16.70.

Scotia Group had 9,055 shares changing hands and closed with a rise of 65 cents at $27, Scotia Investments jumped $5.50 to $33.50 but with only 1,000 units changing hands, Supreme Ventures had 29,320 units changing hands but the price slipped 19 cents to $4.70. Proven Investments ended at 22.9 US cents with 108,528 changing hands, Jamaica Money Market Brokers 8.50% preference share traded 107,067 units with the price jumping $1.01 to end at $4.50 and Jamaica Money Market Brokers 8.75% preference share, traded 89,000 units at $2.65.

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

Jamaica stock market pulls back – Wednesday

November 25, 2015 by IC Insider.com

Pan Jam closed at a 52 weeks’ high of $95 on Wednesday.

The Jamaica Stock Exchange main market suffered another day of reversal in the indices on Wednesday, even as more stocks gained than declined. The market closed with activity in 39 securities, leading to a volume of 13,174,162 units valued at $94,116,248 changing hands, in all market segments.
A total of 18 securities rose and 10 declined with 5 stocks ending at 52 weeks’ closing highs and one stock closed at a 52 weeks’ low. The JSE Market Index declined 593.00 points to 139,946.79, the all Jamaica Composite Index lost 662.71 points to end at 155,354.72 and the JSE combined index fell by 902.50 points to end at 145,917.85.
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 9 stocks with bids higher than their last selling prices and 8 with lower offers.
In trading, Berger Paints had 12,000 units changing hands at $3.70, Cable and Wireless closed with 1,325,036 units changing hands at $1.42 and gained of 2 cents. Caribbean Cement rebounded by $1.50 to $18 with 455,039 shares changing hands, Carreras closed at $59 with 18,454 units trading but by the close the stock was on offer at $56 to sell 37,012 units.

Ciboney had 1,186,460 units trading, to close at 16 cents for a 52 weeks’ high, but the stock closed with the bid at 16 cents to buy 1,813,540 shares as investor push to price up to levels not seen since 2004, when it traded at 32 cents. Desnoes & Geddes ended with 33,392 shares trading at $30, Jamaica Broilers traded 4,062,932 shares with the price rising 41 cents to close at $8.60. Jamaica Producers fell 82 cents while trading 5,000 shares to end at $29, The Jamaica Stock Exchange had 2,127 shares changing hands with a rise of 7 cents, to end at $13.28, JMMB Group fell by 62 cents while trading 33,991 shares to close at $10.20. Kingston Wharves ended with 10,720 shares changing hands at $11.47 for 2 cents decline, Mayberry Investments closed with 61,991 units trading with a fall of 80 cents and ended at $4, National Commercial Bank closed with a rise of 1 cent as 11,282 shares changed hands to end at $37.01.

Pan Jamaican Investments jumped to a new 52 weeks’ high of $95 with 3,000 units changing hands, but at the close the stock was on offer at $90 with 6,268. Pulse Investments traded 30,000 shares and ended at $3.65 after trading at an intraday 52 weeks’ high of $3.67, Sagicor Group lost 50 cents in trading 905,656 units at $16.50 at the close, Sagicor Real Estate Fund ended with 1,176,791 shares trading with a rise of 25 cents at $10. Scotia Group had 97,148 shares changing hands and closed with a fall of 65 cents to $26.35 and Proven Investments ended at 22.9 US cents with 67,750 changing hands.

Filed Under: Feature Stories, 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

Stocks pull back on JSE – Tuesday

November 24, 2015 by IC Insider.com

Scotia Investments fell $6.30 on Tuesday to $28.

The Jamaica Stock Exchange suffered moderate reversal in its fortune on Tuesday, reflect a temporary pull back on its bullish run as more stocks fell than rose. The market closed with activity in 38 securities, leading to a volume of 7,824,802 units valued at $43,455,309 changing hands, in all market segments.
A total of 10 securities rose and 16 declined with no stock ending at 52 weeks’ closing highs and 4 trading at intraday 52 weeks’ high. The JSE Market Index climbed 268.21 points to 140,539.79, the all Jamaica Composite Index fallen 299.74 points to end at 156,017.43 and the JSE combined index fell by 550.73 points to end at 146,820.35.
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 16 stocks with bids higher than their last selling prices and 3 with lower offers.

In trading, Barita Investments had 81,100 units changing hands at $4.05, for a 5 cents gain, Cable and Wireless closed with 1,556,426 units changing hands to close at $1.40, Caribbean Cement traded 373,682 shares changed hands at $16.50 with a gain of 40 cents, Carreras lost 98 to end at $59 with 15,413 units trading. Ciboney had 524,139 units trading, to close at 13 cents after hitting 15 cents earlier in the day, for an intraday 52 weeks’ high, Desnoes & Geddes ended with 31,699 shares trading at $30, Gleaner lost 15 cents in trading 394,044 shares at $1.85, Jamaica Broilers traded 124,540 shares with the price rising 69 cents to close at $8.19. Jamaica Producers fell 18 cents while trading 800 shares to end at $29.82, The Jamaica Stock Exchange had 13,157 shares changing hands with a loss of 29 cents, to end at $13.21, JMMB Group fell by 8 cents while trading 12,621 shares to close at $10.82. Kingston Wharves ended with 21,900 shares changing hands at $11.49, Mayberry Investments closed with 224,520 units trading for a rise of 80 cents and ended at $4.80, National Commercial Bank closed with a fall of 50 cents as 35,606 shares changed hands to end at $37.

Pulse Investments traded 67,850 shares and ended at $3.65 after trading at an intraday 52 weeks’ high of $3.67, Sagicor Group traded 752,961 units at $17 at the close, Sagicor Real Estate Fund ended with 1,200 shares trading with a fall of 25 cents at $9.75. Scotia Group had 19,615 shares changing hands and closed with a gain of 50 cents, at $27, Scotia Investments dropped sharply by $6.30 to end at $28, with 9,540 shares changing hands, Seprod ended at $18.55 with 3,553 shares trading. Supreme Ventures ended at $4.89 after declining 6 cents with 37,706 shares changing hands and Jamaica Money Market Brokers 8.50% preference share traded 258,607 units with a loss of 6 cents to end at $3.49 but as traded at a 52 weeks’ intraday high of an $4.60.

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

JSE ends with 15 up & 19 down – Thursday

November 19, 2015 by IC Insider.com

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NCB ended at a new closing high

The Jamaica stock market continued its bullish run on Thursday but with more stocks falling than rising. The market closed with activity in 41 securities, leading to 10,580,654 units valued at $130,174,516 changing hands, in all market segments. A total of 15 securities rose and 19 declined with 4 stocks ending at 52 weeks’ closing highs.
The JSE Market Index climbed 1,131.62 points to 141,384.12, the all Jamaica Composite Index rose 1,264.65 points to end at 156,961.02 and the JSE combined index gained by 862.81 points to end at 148,254.17.
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 19 stocks with bids higher than their last selling prices and 5 with lower offers.

In trading, Barita Investments closed with a loss of 50 cents with 30,000 shares trading to at $4, Cable and Wireless closed with 3,901,081 shares changing hands and declined 11 cents to close at $1.55, after trading at a high for the day of $1,80, Carreras lost 95 cents to end at $56.05, with 6,412 units trading. Ciboney traded 150,077 shares changed hands at 13 cents, Desnoes & Geddes ended with 415,690 shares trading at $30, Grace Kennedy traded 30,840 shares and closed with a fall of 5 cents at $74.50, Jamaica Broilers traded 146,769 shares to close at $8.75. Jamaica Producers rose $2.23 while trading 15,000 shares at $24.74, The Jamaica Stock Exchange lost 25 cents in trading 27,035 shares, to end at $13.25, JMMB Group lost 1 cent while trading 20,300 shares to close at $9.89. Kingston Wharves ended with 120,385 shares changing hands at $11.20 after falling 27 cents, Mayberry Investments closed with 251,020 units trading for 65 cents lower at $4.35,

National Commercial Bank closed with a rise of $1.95 cents as 17,842 shares changed hands to end at $38.95 for a new closing 52 weeks’ high. Sagicor Group lost 3 cents in trading 509,550 units at $16.62 at the close. Scotia Group ended with 83,180 shares changing hands, closed with a rise of 15 cents to end at $27.20. Scotia Investments gained 50 cents and ended at $28 with 500 shares changing hands, Seprod rose 70 cents to $18.50 with 1,200 shares trading, Supreme Ventures ended at $4.77 after falling 23 cents with 9,555 shares changing hands and 3 million units of Proven Investments changed hands at 22.9 US cents.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Cable & Wireless, 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, Scotia Group, Scotia Investments, Seprod, Supreme Ventures

JSE closes with 23 gains 12 losses – Wednesday

November 18, 2015 by IC Insider.com

Barita Investments closed at a new 52 weeks’ high of $4.50 on Wednesday

The Jamaica stock market continued its bullish run but with more stocks rising than declining on Wednesday. The market closed with activity in 40 securities, leading to 241,658,997 units valued at $3,865,297,144 changing hands, in all market segments. A total of 23 securities rose and 12 declined with 8 stocks ending at 52 weeks’ closing highs and 1 at intraday highs.
The JSE Market Index climbed 560.43 points to 140,252.50, the all Jamaica Composite Index rose 626.31 points to end at 155,696.37 and the JSE combined index gained by 966.06 points to end at 147,391.36.
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 8 with lower offers.
In trading, Cable and Wireless closed with 3,256,680 shares changing hands and declined 14 cents to close at $1.66, after trading at an intraday 52 weeks’ high of $2, Carreras gained 94 cents to end at $57, with 314,980 units trading.

Ciboney traded with a rise of 1 cent as 125,450 shares changed hands at 52 weeks’ high of 13 cents, the stock ended with a bid to buy 2,264,000 shares at 12 cents. Desnoes & Geddes ended with 11,938 shares trading at $30.01, Grace Kennedy traded 381,400 shares and closed with rise of 54 cents at $74.55, Jamaica Broilers traded 1,565,200 shares to close at $8.75 with a loss of 5 cents. Jamaica Producers lost $1.50 while trading 1,156,535 shares at $22.51, the Jamaica Stock Exchange gained $1.50 in trading 5,245 shares, to end at $13.50, JMMB Group gained $1.39 while trading 700 shares to close at $9.90. Mayberry Investments closed with 188,769 units trading at $5, National Commercial Bank closed with a rise of 44 cents as 95,706 shares changed hands to end at $37, Pan Jamaican Investments closed at $88.30 after trading 408,462 shares to gain 3 cents. Pulse Investments traded 11,150 shares with a rise of 50 cents, to close at 52 weeks’ high of $2.50.

Radio Jamaica traded at $5 after 34,144 shares changed hands, Sagicor Group gained 8 cents in trading 1,511,190 units at $16.65 at the close. Sagicor Real Estate Fund had 1,043,832 shares changing hands with a loss of 49 cents at $9.81, Scotia Group ended with 206,750 shares changing hands, closed with a rise of 72 cents to end at $27.05. Scotia Investments gained 48 cents and ended at $27.50 with 17,000 shares changing hands, Seprod rose $1.85 to $17.80 with 363,796 shares trading and Supreme Ventures ended at $5 after gaining 25 cents with 21,176 shares changing hands.

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

JSE main market closes at new high

November 17, 2015 by IC Insider.com

Cable & Wireless HQ – The company’s stock traded at a high of $1.87 on Tuesday

The Jamaica stock market continued its bullish run but with slightly more stocks rising than declining. The market closed with activity in 39 securities, leading to 12,548,183 units valued at $127,385,981 changing hands, in all market segments.
A total of 18 securities rose and 16 declined with 6 stocks ending at 52 weeks’ closing high and 2 at intraday high.
The JSE Market Index climbed 1,390.00 points to 139,692.07 the all Jamaica Composite Index gained 1,553.41 points to end at 155,070.06 and the JSE combined index rose by 1,236.54 points to end at 146,425.30.
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 one with a lower offer.
In trading, Cable and Wireless closed with 2,128,091 shares changing hands, after rising 40 cents to close at a 52 weeks’ high of $1.80 but after trading at $1.86,

Carreras fell 94 cents to end at $56.06 with 86,869 units trading, Ciboney traded 31,000 shares at 12 cents and ended with a bid to buy 2,263,800 shares at 12 cents. Desnoes & Geddes ended with 63,357 shares trading at $30.02, Gleaner Company traded at 391,191 shares and gained 1 cent to end at $1.92, Grace Kennedy traded 767,772 shares and closed with loss of 29 cents at $74.01, Jamaica Broilers traded 147,050 shares to close at $8.80 with a gain of 1 cent. Jamaica Producers lost 99 cents while trading 4,924 shares at $24.01, The Jamaica Stock Exchange lost $1.50 in trading 75,600 shares, to end at $12, JMMB Group lost $1.39 while trading 198,116 shares to close at $8.51. Mayberry Investments gained 70 cents and closed with 4,310,131 units trading to close at a 52 weeks’ high of $5, but with only 200 shares trading at $5, and 1,020 at $4.65 with the rest all trading below $4.50. National Commercial Bank closed with a rise of 56 cents as 218,184 shares changing hands to end at $36.56, after trading at an intraday high of $38.

Pan Jamaican Investment closed at $88.27 after trading 43,522 shares to gain 4 cents, Pulse Investments traded 108,658 shares with a rise of 20 cents to close at $2, Radio Jamaica traded at $5 after 26,867 shares changed hands, Sagicor Group gained 14 cents in trading 271,321 units at $16.57 at the close. Scotia Group ended with 105,854 shares changing hands, closed with a fall of 17 cents at $26.33, Scotia Investments lost 48 cents and ended at $27.02 with 17,800 shares changing hands, Seprod rose 2 cents to $15.95 with 24,855 shares trading and Supreme Ventures ended at $4.75 after losing 5 cents with 65,893 shares changing hands.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Cable & Wireless, Ciboney, Desnoes and Geddes’, Gleaner, Grace Kennedy, Jamaica Broilers, Jamaica Money Market Brokers, Jamaica Stock Exchange, Mayberry Investments, National Commercial Bank, Pan Jamaican, Proven Investments, Pulse Investments, Radio, Sagicor Group, Scotia Group, Scotia Investments, Seprod, Supreme Ventures

JSE main market slips on Monday

November 16, 2015 by IC Insider.com

S VL closed at a new high on Monday.

The Jamaica stock market started the week with moderate losses in the indices on Monday but investors continue to respond positively to the release of company results that have generally been very took some profit with more stocks falling than rising.
The market closed with activity in 41 securities, leading to 9,839,984 units valued at $50,044,573 changing hands, in all market segments. A total of 15 securities rose and 12 declined with 4 stocks ending at 52 weeks’ closing high and 2 at intraday high.
The JSE Market Index fell 140.31 points to 138,302.07 the all Jamaica Composite Index declined 156.81 points to end at 153,516.65 and the JSE combined index eased by 20.44 points to end at 145,188.76.
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 9 stocks with bids higher than their last selling prices and 2 with lower offers.

In trading, Barita Investments closed with a gain of 15 cents to $3.80 with 1,000 shares trading, Cable and Wireless close with 1,304,419 shares changing hands to close at $1.40 after rising to $1.49 in early trading. With the company’s parent having announced today that it has agreed to accept an offer from Liberty Global for the shares of CWC Plc interest could well build again in the local stock. Carreras rose $1 to end at $57 with 17,200 units trading, Ciboney gained 2 cents in closing at a 52 weeks’ high of 12 cents, Desnoes & Geddes ended with 269,196 shares trading at $30.02, Gleaner Company traded at 562,609 shares and gained 1 cent to end at $1.91. Jamaica Broilers traded 12,290 shares to close at $8.79 with a gain of 4 cents, JMMB Group lost 90 cents while trading 1,028,832 shares to close at $9.90. Mayberry Investments lost 4 cents and closed with 369,000 units trading with a loss of 5 cents at $4.30, National Commercial Bank close with 118,880 shares changing hands to end with a rise of $1 at $36 after trading at an intraday high of $37.

Pulse Investments traded 229,058 shares with a decline of 20 cents for a close of $1.80, Sagicor Group lost 2 cents in trading 482,103 units at $16.43 at the close, Scotia Group ended with 8,029 shares changing hands, closed with a rise of 39 cents at $26.50. Supreme Ventures ended at a 52 weeks’ high $4.80 after adding 15 cents with 47,709 shares changing hands and Proven Investments ordinary share gained 2 US cents and ended at 23 US cents with 18,934 units changing hands. Jamaica Money Market Brokers 7.50% preference share traded 220,500 units at $2, Jamaica Money Market Brokers 8.50% preference share traded 1,313,000 units and ended at $3.49 with a gain of 4 cents.

Filed Under: JSE Main Market, Stock Market Tagged With: Cable & Wireless, Ciboney, Gleaner, Jamaica Broilers, Jamaica Stock Exchange, Mayberry Investments, National Commercial Bank, Proven Investments, Sagicor Group, Scotia Group, Supreme Ventures

Profit results help in Jamaican stock rally

November 11, 2015 by IC Insider.com

Jamaica Producers stock price pushed by strong profits on Wednesday

The bulls continue to roam on the Jamaica Stock Exchange on Wednesday as more stocks continue to gain than those declining. Helping the move on Wednesday was the impact that results had on some companies’ stock price. Sagicor Group and Jamaica Producers Group were two of the stocks that jumped sharply, helping the market to move up.
The market closed with activity in 42 securities, leading to 200,339,489 units valued at $645,488,389 changing hands, in all market segments. A total of 17 securities rose and 11 declined with 11 stocks ending at 52 weeks’ closing high and 1 at intraday high.
The JSE Market Index rose 783.34 points to 137,896.84, the all Jamaica Composite Index gained 875.44 points to end at 153,063.79 and the JSE combined index increased by 639.61 points to end at 144,357.30.
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 3 with lower offers.

In trading, Barita Investments lost 15 cents to close at $3.65 with 240,000 shares trading, Cable and Wireless enjoyed good volume as investors’ interest in the stock continues to build, at the close the stock gained 14 cents, with 3,363,916 shares changing hands to close at $1.50. On offer were 2,500,728 shares at $1.50 with bid in at $1.45 to buy 424,481 units. Caribbean Cement rose 22 cents to end at $18, with 112,310 shares changing hands. Carreras dropped $4.49 to end at $55.51 with 11,456 units trading, Desnoes & Geddes traded 63,136 units at $30, Gleaner traded 13,000 units at $1.90, Grace Kennedy closed at a new 52 weeks’ high of $75 after rising $2 with only 1,776 shares changing hands, Jamaica Broilers traded 3,021,919 shares to close at $9.25, for a 52 weeks’ closing high. Jamaica Producers traded 102,646 shares and jumped $5.20 to end at $29, for a 52 weeks’ high. Jamaica Stock Exchange traded 200,527 shares at $14, JMMB Group traded 14,219 shares to close at $11, Kingston Properties traded 46,695 units to close at $7. Mayberry Investments closed with 67,016 units trading at $4.40 with a loss of 5 cents, National Commercial Bank close with 38,473 shares changing hands to end with a rise of 50 cents at $34, Pan Jamaican fell $3.95 in trading 14,366 shares to end at $88.05, JSE Fn Qts 11-11-15

Pulse Investments traded 225,000 shares with a rise of 33 cents for new 52 weeks’ closing high of $1.50. Sagicor Group traded at a new high of $18 with 409,705 shares changing hands but closed at a 52 weeks’ closing high of $16.51 to gain$1.16 for the day. Scotia Group ended with 38,793 shares changing hands and closed with a loss of 10 cents at $26.90, Supreme Ventures ended with 244,452 shares changing hands at $4.70 after rising 10 cents and Proven Investments ordinary share dropped 1.17 US cents and ended at 21.80 US cents with 14,700 units changing hands and Jamaica Money Market Brokers 7.50% preference share ended with 51,000 units trading at $2.

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

Bulls continue rampage on JSE

October 27, 2015 by IC Insider.com

After clearing the near 11 year record high set back in January 2005 on Monday on Jamaica Stock Exchange bulls continued their rampage and pushed the market on Tuesday to a new record high of 143,154 points after adding 2,959.73 points on the all Jamaica Composite Index.
A total of 24 stocks rose, 10 declined as 40 securities, totalling 6,809,889 units valued at $47,476,253 changed hands, in all market segments. A total of 12 stocks ended at 52 weeks’ closing highs and 3 traded at 52 weeks’ intraday high. The JSE Market Index shot up 2,648.39 points to 129,029.81, a new closing high. JSE combined index climbed 2,323.43, points to end at a new closing high of 133,399.90.
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 2 with offers that were lower.
In trading, Berger Paints traded 15,000 shares and gained 40 cents to close at $3.40 for a 52 weeks’ high, Cable and Wireless closed with a gain of 24 cents as with 338,626 shares changed hands to end at 52 weeks’ high of $1.26. The stock closed 76,499 units on the bid at $1.27 and with over 2,168,716 million shares on the bid at $1.26. Caribbean Cement gained $1 to end at $18.50 for a new 52 weeks’ closing high, with 193,583 shares changing hands. Cement closed with seven lots being offered amounting to just over 400,000 shares between $18.50 and $24. Carreras ended at 52 weeks’ high with 5,000 share trading at $53 after adding 98 cents, Ciboney Group traded 200,000 shares to end at 9 cents after gaining 1 cent. Desnoes & Geddes had 451,515 units changing hands to close at $30, Grace Kennedy exchanged 1,200 shares at $67.50 to close at a new 52 weeks High as the price gained $2.40, Jamaica Broilers traded 162,859 shares to close at $8.01. JMMB Group lost 45 cents in trading 115,050 shares to close at $9.75, Mayberry Investments traded 49,431 shares and gained 31 cents to end at a 52 weeks high of $3.81, National Commercial Bank rose 12 cents to end with 73,630 shares trading at $31.50. Pan Jamaican price traded 12,771 shares to end at $80, Pulse Investments traded 118,971 and close at 5 by gaining 4 cents, Sagicor Group lost 20 cents with 68,757 shares trading to close at $14.30. Sagicor Real Estate Fund traded 25,000 units as the price gained 80 cents to close at $10 for a 52 weeks’ high. Scotia Group ended with 125,411 shares trading closed at $26.50 after rising by 50 cents, Seprod traded 31,400 shares at $14.96, Sterling Investments traded 216,400 shares to close at $13, Supreme Ventures ended at $3.90 with 808,203 units changing hands and lost 10 cents. Jamaica Money Market Brokers 8.75% preference share, had 100,000 units changing hands at $2.70 and Proven Investments 8% preference share closed with a loss of 10 cents as 120,500 units traded to end at $4.95.

All Jamaica at record high 140,195 points

October 26, 2015 by IC Insider.com

Cable & Wireless HQ – the stock traded at a new 52 weeks’ high on Thursday, Friday and Monday

The Jamaica Stock Exchange closed on Monday at a record high of 140,194.65 points after adding 2,684.37 points with 22 stocks rising, 7 declining as 37 securities, totalling 9,954,429 units valued at $35,061,223 changed hands, in all market segments. A total of 6 stocks ended at 52 weeks’ closing highs.
Today’s gain pushed the market well over the old record of 138,917.59 set on 24th of January 2005 and ends the longest period in the market’s history, that it failed to exceed a previous high. The all Jamaica Composite Index is the last of the JSE indices to hit new highs in October.
The JSE Market Index shot up 2,402.00 points to 126,381.42, a new closing high. JSE combined index climbed 2,317.79, points to end at a new closing high of 131,076.47.
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 none with offers that were lower.
In trading, Berger Paints traded 295,658 shares and gained 25 cents to close at $3, Cable and Wireless closed with a gain of 20 cents as with 307,231 shares changed hands to end at 52 weeks’ high of $1.02. Trading in the stock was suspended for an hour as the as the trade was executed at 97 cents, a price in excess of 15 per cent from the closing price on Friday as investors continue to respond to the news that Liberty Global planned on making a bid to acquire Cable and Wireless’ parent company. The stock closed with over 4.33 million shares on the bid at $1.02 with 2.8 million units at $1 and five offers amounting to only 47,649 shares between $1.13 and $1.70 and at 3.3 million units at $30. Caribbean Cement gained $2.70 to end at $17.50 for a new 52 weeks’ closing high, with 170,368 shares changing hands. Investors were responding to the company’s reported earnings of 72 cents for the September quarter and $1.75 for the nine months. Cement closed with only two lots being offered, amounting to 13,000 shares at $19 and $24. Ciboney Group traded 5,358,999 shares to end at 8 cents after shedding 1 cent. Desnoes & Geddes had 413,169 units changing hands to close at $30, Grace Kennedy exchanged 1,621 shares at $65.10 and gained 35 cents, Jamaica Broilers lost 49 cents in trading 55,596 shares to close at $8.01. JMMB Group gained 30 cents in trading 101,850 shares to close at $10.20, Mayberry Investments traded 8,050 shares and gained 50 cents to end at $3.50, National Commercial Bank fell 62 cents to end with 7,356 shares trading to end at $31.38.Pan Jamaican price jumped $5 in trading 5,720 shares to end at a 52 weeks’ high of $80, Pulse Investments traded 200,000 and close at 61 by gaining 6 cents, Sagicor Group with 21,192 shares closed at $14.50. Sagicor Real Estate Fund traded 1,104 units but the price gained $1.05 to close at $9.20 and closed with a bid to buy 99,296 units at $9.20 and with only three offers posted with two at $10 to sell 25,000 units and 19,000 at $11, Scotia Group ended with 11,554 shares trading closed at $26 after rising $1.24. Seprod traded 20,700 shares at $14.96, Supreme Ventures ended at $4 with 308,224 units changing hands and gained 10 cents and Proven Investments ordinary traded 6,875 shares and fell 1.5 cents to end at 23 US cents.