51m C&W shares trade in JSE morning session

Fifty one million units of Cable & Wireless shares traded in the morning session on the Jamaica Stock Exchange with 48.7 million units resulting from a cross executed by Sagicor Investments at $1.50. Mayberry Investments bought over 2 million units at $1.50. JSE intra 21-01-16Supply for the stock has been declining for a while with demand improving ahead of the release of the December results due within three weeks.
There has been moderate movement in the market indices in the morning session with stock prices trading close to yesterday’s close. Of note is that Barita Investments fell by $1.23 to $4.05 with 15,000 shares, Jamaica Broilers traded at $13.10 with 16,676 shares, Sagicor Group had 18,885 units trading at $22.50 for an increase of 90 cents and Supreme Ventures saw trading in 395,000 shares with an increase of 35 cents to $5.50
After 75 minutes of trading, the all Jamaica Composite Index rose 1,042.21 points to 174,133.39 the JSE Market Index gained 932.58 points to 156,750.11, the JSE combined index rose 904.48 points to 168,117.40 and the junior market index rose 2.78 points to 2,249.10. In trading, 24 securities were active and accounted for 51,732,316 units changed hands with 9 stocks rising and 7 falling.

Moderate changes in JSE morning session

There has been moderate movement in the market indices in the morning session with stock prices trading close to yesterday’s close. JSE intra 20-01-16Of note is that AMG Packaging traded 806 units at a new all-time high of $12 and Supreme Ventures traded at new 52 weeks’ high of $5.50.
After an hour of trading, the all Jamaica Composite Index rose 16.66 points to 173,027.55 the JSE Market Index gained 14.90 points to 155,760.59 the JSE combined index rose 8.83 points to 167,178.91 and the junior market index slipped by 0.58 points to 2,249.07. In trading, 28 securities were active and accounted for 3,774,288 units changed hands with 8 stocks rising and 7 falling.
Other trades of note are Cable & Wireless with 764,689 at $1.50, Grace Kennedy with 257,421 valued at $21.3 million trading at $84, Pan Jamaican Investment with 210,941 units valued at $19.8 million while trading at $94.05 and Scotia Group with 1,155,450 shares at $30.42 valued at $35 million.

JSE continues in positive mode

The Jamaican stock market is off to more measured trading, early Wednesday with all major indices recording gains in mid-morning trading but leading to a number of stocks recording new 52 weeks’ highs up to 10.45 am. A total of 33 securities traded amounting to 1,556,075 units changing hands with 14 rising, while 9 declined.
The all Jamaica Composite Index rose 661.58 points to 169,133.35 the JSE intra 06-01-16 JSE Market Index gained 591.99 points to 152,276.03 the JSE combined index added 8601.65 points to 160,235.23 and the junior market index is up 4.76 points to 1,843.75.
Trading volumes were generally low, but there have been some interest in a number of stocks including Cable & Wireless with 186,335 shares trading at $1.35, Gleaner trading 262,000 units at $2.50, Jamaica Stock Exchange with 37,839 units at $18.60, JMMB Group with 72,026 units trading at $10.45, National Commercial Bank with 5,168 units at a new high of $41, Radio Jamaica at $4.50 with 24,280, Cargo Handlers trading at a new high of $37.65 with 126 shares, C2W Music at 43 cents for a new 52 weeks’ high with 47,290 shares changing hands, Caribbean Cream with 54,293 units at $3.89, General Accident with 79,400 units at $2, Lasco Distributors with 3,538 shares trades at a new high of $5.72 and Lasco Manufacturing with 641,051 units at $3.50 after trading earlier at $3.60.

JSE down early Tuesday trading

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The junior market is off to a flying start with the index hitting new heights with a gain of 25.01 points to reach 1,725.85 with KLE Group trading up by 28 cents to a new 52 weeks’ high of $1.83 while trading 10,000 shares. By 10:45 the index was pushed down below Monday’s close of 1,700.84.
JSE intra 29-12-15Trading levels remain low after the Christmas break with 20 securities trading up to 10:45 on Tuesday morning on the Jamaica Stock Exchange. The three main major market indices had mixed fortunes with main market ones declining and the combined rising as a result of the gains in the junior market. Total securities rising amount to 4 and while 7 declined with 2,969,956 units changing hands.
The all Jamaica Composite Index declined by 101.19 points to 163,314.86 the JSE Market Index declined 90.55 points to 147,069.59, the JSE combined index fell by 237.33 points to 153,891.58 and the junior market index is down 17.01 points to 1,683.83.
Interesting trades include Cable & Wireless with 81,815 units at $1.33, Sagicor Group with 798,976at $18.50 and Supreme Ventures 1,409,317 shares at $4.66. Derrimon Trading preference share had 400,000 units trading at $2.10 and Lasco Manufacturing ended down to $3 from $3.50 with 96,195 shares.

JSE drops in early trading

The Jamaica Stock Exchange recorded early gains in the morning session on Tuesday in the two local markets with Scotia Group rising to $31 with 60,000 shares trading but the stock fell back to and pulled the main market index down. The junior market which was marginally up early in trading has since slipped with more stocks being traded.
JSE intra 22-12-15At 10:45 am, 29 securities traded as 11 stocks rose and 13 declined with 3,530,973 units changing hands. The all Jamaica Composite Index dropped 1,309.95 points to 161,463.90, the JSE Market Index fell 1,172.15 points to 145,413.34, the JSE combined index declined 1,307.79 points to 152,192.34 and the junior market index is down 22.52 points to 1,668.66.
Interesting trades include 138 Student Living that is having a third day of high volume with 1,754,230 at $4.50 today following Mondays 6,520,000 shares and Friday’s 59 million units. Cable & Wireless traded 668,782 shares at $1.39 but remains under selling pressure with weak bids and with the number and volume of offers being greater than the bids. Scotia Group traded 645,360 units with some being exchanged at a new 52 weeks’ high of $31 but it fell back to $28.60, down by $2.38 from Monday’s close and Lasco Financial traded 106,288 shares at $3.50 but now boast a bid at $3.55 to buy 58,543 units.

JSE making strong gains on Thursday

Unlike Wednesday when trading was slow, market activity has picked up by driving the main market indices up by almost 1 percent 30 securities changed hands after 90 minutes of trading with a volume of 5,532,901 units as 13 stocks gained and 8 declined.
JSE intra 3-12-15At 11 am, the all Jamaica Composite Index is jumped 1,451.46 points to 157,145.64, the JSE Market Index gained 1298.78 points to 141,549.32 the JSE combined index fell 1248.35 points to be at 147,861.31 and the junior market index rose 2.47 points to 1,592.19.
Interesting trades, with 75 minutes having elapsed, are Cable & Wireless with 508,750 units and last traded at $1.50 for a 2 cents fall from Wednesday’s last traded price, Jamaica Broilers with 241,027shares at $8.50, Mayberry Investments with 239,400 units at $4.70, National Commercial Bank traded 1,454,773 shares at $37.50, Scotia Group with 109,384 at $27.50, Supreme Ventures with 787,628 units at $5, Caribbean Producers having 327,996 shares trading at $5.60, Lasco Financial Services with 426,961 units at $3 and Lasco Manufacturing having 380,419 units at $3.22.

NCB wakes up JSE

With the news that National Commercial Bank (NCB) will be buying 30 percent of Guardian Holdings’ shares, the Jamaica Stock Exchange came to life with the 3 main market indices all climbing, as NCB traded at $37.50 with 628,375 units to gain $1.75. NCB’s bid is at $37 to buy 10,000 units and the offer at $45, to sell only 2,250 shares. Trading on the junior market has been low keyed, with very small volumes so far.
JSE intra 1-12-15Interesting trades, with 75 minutes having elapsed, are Cable & Wireless with 913,965 units and last traded at $1.54 for a 6 cents fall from Monday’s last traded price, Caribbean Cement trading at a new 52 weeks’ high of $19.50, Sagicor Group lost 24 cents in trading 486,055 units at $16.30.
At 10.45 am, the all Jamaica Composite Index is up 907.24 points to 156,515.85, the JSE Market Index gained 811.81 points to 140,985.78, the JSE combined index rose 802.67 points to be at 147,778.60 and the junior market index rose 4.06 points to 1,642.52.
In trading, 25 securities have changed hands with a volume of 2,684,406 units as 8 stocks gained and 7 declined.

Juniors up set to climb

In early trading on the Jamaica Stock Exchange, the junior market had a healthy gain in the index, lack of supply, could give a bid lift to prices in the upcoming sessions. After more than an hours trading, 11 junior market securities or 40 percent of listings, had no stock on offer, an indication that buyers in these stocks may need to move their buying prices higher to get the stocks they want.
JSE int 30-11-15Interesting trades, with 75 minutes having elapsed, are Cable & Wireless trading 501,500 units and last traded at $1.55 for a 3 cents gain from Friday’s last traded price, Ciboney Group with 28,200 units at a 52 weeks’ high of 19 cents, with a bid to buy 45,830 units at 21 cents, National Commercial Bank with a fall to $35.75 with 28,750 units, Caribbean Flavours at a new high of $6.75 with 16,512 shares trading and General Accident Insurance with 500,000 shares changing hands at $1.97.
At 10.45am, the all Jamaica Composite Index is up 72.22 points to 156,185.95, the JSE Market Index gained 64.62 points to 141,690.58, the JSE combined index rose 247.76 points to be at 147,539.23 and the junior market index rose 20.91 points to 1,646.92.
In trading, 26 securities have changed hands with a volume of 1,526,763 units as 9 stocks gained and 9 declined.

Juniors make strong recovery on Friday

Knutsford closed at a new high of $9 on Friday

Knutsford closed at a new high of $9 on Friday

The junior market recovered sharply from losses with 19 active securities out of 27 listings on Friday. Trading ended with 9 stocks advancing and 4 the declined. A total of 4,447,873 units, valued at $17,215,047 changed hands. Trading ended with a 2 percent or 34.09 points rise in the index to 1,626.01. The market ended with 4 new 52 weeks’ closing highs.
Only 2 securities ended with no bids to buy and 7 had no stocks being offered for sale. A total of 4 stocks closed with bids higher than the last traded prices and none closed with lower offers.
In trading, Access Financial Services traded 249 units with the price rising 7 cents to $13.57, AMG Packaging closed at $6 with 1,458 units changing hands, Blue Power rose by 1 cent and closed with 10,265 units trading, C2W Music ended with 61,000 units changing hands at 38 cents. Caribbean Cream had 87,000 units changing hands but lost 10 cents, to end at $4.40, Caribbean Flavours in trading 7,426 units and ended at $6.57, Caribbean Producers gained 35 cents in trading 462,506 units to end at $5.80 for a 52 weeks’ closing high, Consolidated Bakeries fell 10 cents trading 19,736 shares at $1.30. Dolphin Cove ended with 128,900 units changing hands with a $1 gain to $16, General Accident ended with 699,239 shares changing hands and closed at $2 after declining by 19 cents, Honey Bun with 1,000 shares changing hands, closed with a gain of 15 cents at $5.65 for a new 52 weeks’ high. Jamaican Teas gained 5 cents with 3,000 shares trading at a 52 weeks’ closing high of $5, JM - Trade 27-11-15 KLE Group ended with 30,000 units with a loss of 10 cents at 70 cents, Knutsford Express jumped $1 in trading 30,000 units at $9 for a 52 weeks’ high. Lasco Distributors closed with 1,135,443 shares changing hands, to end with a rise of 5 cents at $4.05, Lasco Financial ended at $3, with 1,124,054 shares changing hands. Lasco Manufacturing rose 16 cents to $3.71 with 651,985 shares trading, Sweet River Abattoir traded just 612 units at $3.95 and Derrimon Trading preference share ended with 3,500 trading at $2.20.

JSE make moderate gains early Friday

In early trading on the Jamaica Stock Exchange, the main market indices have inched up and junior market index also gained, as the market was active from the start, but with moderate volumes.
At 10.45 am, the all Jamaica Composite Index is up 91.31 points to 156,742.22, JSE int 27-11-15the JSE Market Index gained 81.71 points to 141,188.34, the JSE combined index rose 150.44 points to be at 147,591.34 and the junior market index was up 8.21 points to 1,600.13.
The main trades have been Cable & Wireless traded 732,740 units and last traded at $1.45, Lasco Manufacturing with 526,824 shares at $3.51, Caribbean Producers with 362,506 units with a gain of 30 cents to $5.75, Jamaica Broilers with 187,098 units at $8.40 and Supreme Ventures with 172,209 shares at $4.80 and Kingston Wharves with 65,660 units at $11.
In trading, 24 securities have changed hands with a volume of 2,368,532 units as 6 stocks gained and 6 declined.