Activity on the Jamaica Stock Exchange, resulted in the prices of 11 stocks rising,11 declining as 31 securities changed hands, ending in 2,308,869 units trading, valued at $12,795,656, and 4 stocks closing at new 52 weeks’ high, in all market segments.
The JSE Market Index added 56.80 points to 97,438.98, theJSE All Jamaican Composite index rose 63.48 points to close at 107,849.53 and the JSE combined index gained 124.65 points to end at 100,259.54.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 10 stocks with bids higher than their last selling prices and 4 with offers that were lower.
In trading Cable & Wireless ended with 204,187 units changing hands I cent higher at the close at 45 cents but traded as high as high as 48 cents. Caribbean Cement ended with 173,958 units trading, but lost 35 cents to end at $5.50, Desnoes & Geddes traded 28,187 shares and lost 5 cents in closing at $7.56, Jamaica Broilers had 9,768 shares changing hands and fell 55 cents to end at $5.45, JMMB Group traded unchanged at $7.50 after 237,117 
units changed hands. National Commercial Bank traded 94,083 shares and lost 5 cents in closing at $29.45, Sagicor Group ended with 94,279 shares being active, fell 20 cents to end at $12.40, Scotia Group struggles to recover with 36,944 shares closed unchanged at $23.15. Proven Investments ordinary share traded 51,000 units and declined 3 cents to 19 US cents, Jamaica Money Market Brokers 7.50% preference share traded 243,400 units at $2 and Proven Investments 8% preference share had 10,100 units traded and lost 1 cent in closing at a 52 weeks’ low of $4.99.
JSE ekes small gain Monday
June 22, 2015 by
JMMB dominates trading as JSE rises
June 17, 2015 by
JMMB Group dominated trading with 9.9 million units valued at $74.5 million on Wednesday in activity on the Jamaica Stock Exchange but the stock price was up only moderately.
In trading the prices of 14 stocks rose, 6 declined as 28 securities changed hands, ending in 13,740,198 units trading, valued at $109,298,383, with two new closing 52 weeks’ high, in all market segments but with Jamaica Broilers trading at a 52 weeks’ high during the day.
TheJSE Market Index gained 661.40 points to 97,257.91, theJSE All Jamaican Composite index rose 739.27 points to close at 107,647.14 and the JSE combined index gained 659.28 points to end at 99,953.05.
Stocks trading include, 
Caribbean Cement adding 800,705 shares to gain 40 cent to close at $5.40 for a new closing 52 weeks’ high, Desnoes & Geddes lost 40 cents to $7.60 with 7,235 shares trading, Hardware and Lumber traded 210,000 shares at $18 but the bid that was at $18 was moved down to $16, shortly the trade. Jamaica Broilers had 47,213 shares trading to close at $5.45 for a gain of 25 cents but traded earlier in the day at $6. JMMB Group traded 9,935,904 shares at $7.50, up from $7.41 on Tuesday, the shares were sold in 10 lots by JMMB Securities and all but 96,142 were purchased by NCB Capital Markets for clients. Mayberry traded 147,3000 shares at $2.88, National Commercial Bank trading only 4,777 shares as high as at $29.99 but closed at $29.45, Pan Jamaican Investment closed at a new 52 weeks’ high of $63.51 with only 5,000 shares but traded at $63.75 during the day. 
Sagicor Group in trading 1,773,139 shares, ended up 10 cents higher at $12.40 at the close. Sagicor Real Estate Fund gained 30 cents in trading 23,151 units and closed at $8, Scotia Group ended with 61,864 shares at $23.11, Supreme Ventures had 59,656 shares trading at $3.70 at the end and Jamaica Money Market Brokers 8.75% preference share traded 143,000 units to lose 1 cent and close at $2.99.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 11 stocks with bids higher than their last selling prices and 5 with offers that were lower well down on the 19 bids and 7 offers on Tuesday.
JSE inches up on Monday
June 15, 2015 by
Sagicor traded at a new 52 weeks’ high on Monday
TheJSE Market Index gained 71.71 points to 96,599.90, the JSE All Jamaican Composite index rose 80.16 points to close at 106,911.66 and the JSE combined index gained 34.45 points to end at 99,265.14.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 15 stocks with bids higher than their last selling prices and 7 with offers that were lower.Stocks trading include, Cable & Wireless traded 830,959 units at 44 cents, Caribbean Cement ended with 42,304 shares changing hands at $4.99 after gaining 14 cents. Carreras closed with 47,127 stocks units trading and lost 93 cents at $48.07, Desnoes & Geddes gained 45 cents with just 1,404 units trading, to end at $8, Grace Kennedy had 3,560 shares changing hands after losing 5 cents to end at $63.90. Hardware & Lumber traded 20,000 stocks units with a loss of $1 to close at $18. Jamaica Broilers traded 250,000 shares at $5.50 after shedding 25 cents, Jamaica Stock Exchange traded 9,331 shares to close unchanged at $6.35, JMMB Group closed with 23,587 shares changing hands at $7.45 for a 15 rise, Mayberry Investments had 11,195 units changing hands at $2.88,
National Commercial Bank traded 48,527 units to close at $30, after gaining 50 cents. Pulse Investments had 306,000 shares trading at a 52 weeks’ high of 55 cents, to record a gain of 10 cents. Radio Jamaica traded 25,185 stocks units with a loss of 1 cent, to close at $3, Sagicor Group traded 776,521 shares to close at a 52 weeks’ high of $12.60, after putting on 54 cents, Scotia Group ended with 14,717 shares trading unchanged at $23.10. Seprod ended with 19,041 shares changing hands at $15.45 for a gain of 7 cents, Jamaica Money Market Brokers 7.50% preference share traded 435,206 units at $2 and Jamaica Money Market Brokers 8.75% preference share traded 324,497 units at $3.
AJ Index falls 3,000 points in 6 days
June 12, 2015 by
Scotia Group fell again on Friday to $23.10 from its recent 52 weeks’ high of $27, and is the major factor behind the 3,000 points fall in the market index.
Since last week Friday the main market has slipped 5 days out of the 6 trading days. The last three days recorded negative movements in the indices. The JSE Market Index lost 805.17 points to close at 96,528.19, and is down over 2,700 points from last week’s Thursday close, the JSE All Jamaican Composite index fell 899.97 points to close at 106,831.50 and has lost more 3,000 points since last week’s Thursday close. The JSE combined index dropped 989.73 points to end
at 99,230.69 on Friday and lost just over 2,600 points since Thursday, last week.IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 7 stocks with bids higher than their last selling prices and 8 with offers that were lower, a negative indicator for Monday’s trading.
In trading, Cable & Wireless ended with 77,630 shares changing hands and closed unchanged at 44 cents, Carreras traded 213,902 shares to close at $49 after losing 50 cents, Desnoes & Geddes ended with 106,421 shares changing hands with the price declining 45 cents to $7.55, Grace Kennedy traded 10,133 units to close at $63.95. Jamaica Broilers closed at a new 52 weeks’ high of $5.75 to gain 35 cents, with 431,083 units changing hands,
Jamaica Stock Exchange ended with 15,415 shares trading and closed at $6.35, to lose 15 cents. JMMB Group gained 8 cents to end at $7.30 with 134,900 shares, Kingston Wharves lost 49 cents with 8,000 shares trading at the close at $6.51, National Commercial Bank had 36,290 units trading unchanged at $29.50. Sagicor Group traded only 31,267 shares, was quoted at $12.06 when trading ended, with a loss of 34 cents. The stock traded at a new 52 weeks’ high of $12.50 during the day. Scotia Group had 301,432 shares changing hands at $23.10 with a loss of 50 cents, Sterling Investments saw 11,660 units trading at $13.40 and put on 5 cents, Supreme Ventures had 46,994 units changing hands at $3.65 for a 5 cents gain and Proven Investments 8% preference share traded 127,800 units at $5.
JSE closes down on Monday
June 8, 2015 by
Carreras traded over 4 million shares on Monday
TheJSE Market Index lost 299.63 points to 97,788.91, theJSE All Jamaican Composite index fell 334.90 points to close at 108,240.66 and the JSE combined index declined 285.04 points to end at 100,463.91.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 10 stocks with bids higher than their last selling prices and 6 with offers that were lower.
Stocks trading include, Cable & Wireless had 380,130 units trading and closed at 43 cents, Carreras with 4,067,804 shares at mostly $50, to shed $1 from Friday’s close. Desnoes & Geddes gained 5 cents while trading 37,000 units to close at $7.55, Hardware & Lumber traded 111,500 shares at $18, Jamaica Broilers with 218,900 shares at $5.50, JMMB Group 85,992 shares after slipping 30 cents to $7.50, the Jamaica Stock Exchange traded 16,000 shares to close at $5. The directors of the JSE met during the day and declared a dividend of 53 cents per shares to be paid in July. Mayberry Investments ended with 267,075 units at $3, 
National Commercial Bank closed with 113,100 units trading at $29. At the close NCB had 17 offers to sell 818,742 shares at $30 each and 4 bids amounting to 704,000 units to buy between $29.02 and $28, thereafter, meaningful bids are at $26.50. Pan Jamaican Investment had just 1,285 units trading at a new 52 weeks’ high of $62, after gaining $1.45, Scotia Group had 612,697 shares changing hands to close at $25.51 and Jamaica Money Market Brokers 7.50% preference share traded 561,800 units and ended at $2.30.
15 stocks rose 10 declined on JSE
June 2, 2015 by
JSE traded at a new all-time high of $4.80 to record a gain of 220% for the year to date
TheJSE Market Index lost 484.92 points to 99,189.54, theJSE All Jamaican Composite index fell 542.01 points to close at 11109,806.20 and the JSE combined index gained 850.26 points to end at 101,568.60.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 14 stocks with bids higher than their last selling prices and 3 with offers that were lower.
Market activity saw, Cable & Wireless ending with 1,359,285 shares to close at 48 cents, after losing 2 cents but the stock traded as low as 45 cents after the company reported a huge $9 billion loss including an exceptional charge of $7 billion, after trading closed on Monday.
Caribbean Cement had 70,900 shares trading at $5.10, to record a gain of 10 cents. Carreras traded of $51.50 and lost 50 cents but with just 6,272 shares, Desnoes & Geddes had 38,161 units changing hands at $7.50, for a loss of 5 cents, Hardware & Lumber traded 72,196 shares between a new intra-day high of $19 and the closing price of $18, Jamaica Broilers traded 206,666 units to close at $5.25 with a 30 cents loss. Jamaica Stock Exchange traded 5,000 units at a new high of $4.80 after gaining 30 cents. JMMB Group gained 5 cents, with 14,350 shares to close at $8.50. Mayberry Investments traded 183,599 units at $3.09, as the price slipped by 1 cent, 
National Commercial Bank traded 24,497 shares at $29.90 and lost 9 cents, Radio Jamaica traded 100,000 shares to remain unchanged at $3. Sagicor Group had 344,180 units trading 5 cents higher to end at $12.05, the company Real Estate Fund ended with 18,186 units trading down by 8 cents at $7.50. Scotia Group traded 309,997 units at $25.30, Supreme Ventures added 117,357 shares at $3.80. Proven Investments had 40,900 changing hands at 20.99 US cents, Jamaica Money Market Brokers 7.50% preference shares closed with 250,900 units trading at $2.11 and Jamaica Money Market Brokers 8.75% preference shares closed with 147,225 units trading at $3.02.
Market back to pre-crisis levels
June 1, 2015 by
Carreras traded at a 52 weeks’ high of $52
Stocks trading at new 52 weeks’ high in the main market are, Carreras traded of $52 to gain $2 but with only 800 shares, Jamaica Stock Exchange, Jamaica Broilers and Pan Jamaican.
TheJSE Market Index gained 908.09 points to 99,674.46, theJSE All Jamaican Composite index climbed 1,015.00 points to close at 110,348.21 and
the JSE combined index gained 850.26 points to end at 101,869.93. The close on Monday, places the all Jamaican index back to July 2008 levels.IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 11 stocks with bids higher than their last selling prices and 2 with offers that were lower.
Cable & Wireless closed with 341,888 shares trading at 50 cents, Caribbean Cement had 61,057 shares trading at $5, to record a gain of 40 cents. Desnoes & Geddes had 15,250 units changing hands at $7.55, in putting on 12 cents, Jamaica Broilers traded 115,000 units at $5.55 with a 5 cents gain, Jamaica Stock Exchange traded 10,000 units at a new high of $4.50. JMMB Group lost ground by falling 55 cents, with 22,350 shares to close at $8.45 after the investment bank posted earnings of $1.18 per share for the year to March, compared with $1.74 in 2014. The company only made $76 million in the quarter compared to reach $1.93 million compared with $1.85 million at the end of December.
Mayberry Investments traded 127,350 units at $3.10, as the price moved up 10 cents, Pan Jamaican Investment traded 6,473 shares at $60.50 to gain 50 cents, for a new 52 weeks’ high. Radio Jamaica traded 55,622 shares and gained 40 cents to close at $3, the company released results of 32 cents per share for the year to March after trading closed compared with 17 cents in 2014. Sagicor Group had 308,000 units trading at the end at $12, the company Real Estate Fund ended with 3,933,104 units trading 7 cents high at $7.58, Scotia Group traded 261,103 units at $25.30 Seprod 23,580 shares as the price slipped 95 cents to $16.55 and Supreme Ventures added 487,217 shares at $3.80.
Markets fell as more stocks decline than rise
May 26, 2015 by
Pan Jam fell $1.66 on Tuesday
TheJSE Market Index lost 996.20 points to 97,498.24, theJSE All Jamaican Composite index fell/ decline/ rose 923.95 points to close at 107,915.70 and the JSE combined index dropped 1,138.33 points to end at 99,681.18.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 9 stocks with bids higher than their last selling prices and 6 with offers that were lower.
In trading, Cable & Wireless ended with 1,940,000 units trading between 47 cents and the last price of 50 cents to gain 3 cents, Caribbean Cement closed with 5,400 shares at $4.01, down 34 cents, Desnoes & Geddes finished trading with 69,899 shares at $7.36 after adding a cent to the price, Gleaner saw trading in 102,913 shares to close with 7 cents gains at $1.07, Grace Kennedy closed with just 7,843 units changing hands at $63 to gain 25 cents, Jamaica Broilers finished trading with 23,138 shares while losing 25 cents to $5.25, JMMB Group concluded trading with 21,250 shares to close unchanged at $9. Mayberry Investments completed trading in 1,135,000 shares at $3 by gaining 15 cents at the end, National Commercial Bank had dealings in just 9,944 units to close down 8 cents at $29.52 at the same time the stock closed up in Trinidad at the equivalent of $31.50. Pan Jamaican Investment contributed 2,150 shares to close down by $1.66 at $58.59, 
Radio Jamaica gained 15 cents to end trading with 40,700 units at $2.75, for anew 52 weeks’ high. Sagicor Group closed with 1,471,642 shares at $12, after shedding 15 cents, Sagicor Real Estate Fund finished trading with 18,896 units at $7.50, for a 50 cents fall, Scotia Group ended trading with just 473 units to close at $25.35 after losing 15 cents. Seprod finished trading with 10,162 units at $18 to gain 50 cents, Supreme Ventures ended with 55,747 units at $3.95, up 35 cents. Trinidad Cement ended trading with 105 shares to close down by at $15, Proven Investments closed with 721,573 shares at 19 US cents, after losing 1.5 US cents. Jamaica Money Market Brokers 7.50% preference share finished trading with 350,000 units at $2.30 and Jamaica Money Market Brokers 8.75% preference share traded 199,000 shares at $3.02 and lost 3 cents.
20 stock gained 8 declined on JSE
May 20, 2015 by
Berger closed at a 52 weeks’ high of $3 on Wednesday
The JSE Market Index lost just 78.06 points to 98,270.35, the JSE All Jamaican Composite index declined 87.29 points to close at 108,589.10 and the JSE combined index dropped by 142.03 points to close at 100,587.96.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows stocks with bids higher than their last selling prices and with offers that were lower.
The stocks trading in the main market at new 52 weeks’ high, are, Berger Paints, Caribbean Cement, Desnoes & Geddes, Jamaica Broilers, Jamaica Producers, and Sagicor Real Estate Fund.In trading, Berger Paints traded between $2.58 and the closing price of $3 with 80,658 shares and ended with an increase of 45 cents, Cable & Wireless had 806,875 shares trading between 42 cents and 47 cents, to close at 45 cents, with a loss of 2 cents from Tuesday’s last price. Caribbean Cement traded 1,477,569 shares between $5.50 and the final price of $5.30 to gain 30 cents, Carreras traded just 2,871 units with a gain of $1 to close at $50. Desnoes & Geddes traded 197,238 shares at $7.70 at the end, by putting on 45 cents. Grace Kennedy posted 25,988 units but lost $1.40, to end at $62.15. Jamaica Broilers put through 136,039 units and closed at $5.50, 1 cents higher than on Tuesday.
Jamaica Producers traded at $20 with a gain of $1.45 with 3,303 shares changing hands, JMMB Group lost $1.04 in trading 81,226 shares at $8.45, Mayberry Investments had 280,022 shares changing hands at $3.10 after trading at $2.85 and added 10 cents at the close. National Commercial Bank had 136,390 units with all trading at $30. Sagicor Group closed at $11.50 with 820,961 shares trading 49 cents down at the close, Sagicor Real Estate Fund had 5,880 units trading at a new high of $8 to gain 80 cents. Scotia Group traded 104,903 shares at $25.01, Proven Investments 93,007 shares at 19.5 US cents as the price slipped 1 US cent, Jamaica Money Market Brokers 7.50% preference share traded 145,200 units at $2.40 and Jamaica Money Market Brokers 8.75% preference share traded 199,980 units at 3.05.
Rally maybe going on holiday
May 19, 2015 by
Jamaica Broilers closed at a new 52 weeks high on Tuesday
By the end of trading, the market gave up all the gains and much more as the market continues to struggle to move away from the resistance level which it crossed over recently. The JSE Market Index lost 939.55 points to 98,348.41, the JSE All Jamaican Composite index fell 1,050.45 points to 108,676.39 and the JSE combined index dropped 1,010.08 points to close at 100,729.99.
Activity, resulted in the prices of 10 stocks rising, 12 declining as 35 securities changed hands, ending in 9,192,775 units trading, valued at $92,864,773, in all market segments. Only three new highs were recorded in the overall market, with Jamaica Broilers ended at $5.49 and Jamaica Stock Exchange at $3.55 as new 52 weeks closing highs in the main market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 10 stocks with bids higher than their last selling prices and 3 with offers that are lower.In trading, Berger Paints as it traded at $2.55 with 14,650 shares, but there is a strong bid at $2.55 to buy 123,873 shares. Cable & Wireless had 306,000 shares trading at 47 cents, Caribbean Cement traded 292,100 units to close at $5, Carreras traded 211,982 shares to close at $49, Gleaner posted 322,432 units to end at $1, Grace Kennedy gained 5 cents to close at $63.55 with 45,627 units, the stock traded at $65 during the trading session. Jamaica Stock Exchange put through 83,000 units and ended at $3.55, JMMB Group lost 51 cents in trading 219,760 shares at $9.49, at the close. National Commercial Bank had 113,179 units trading between $29.50 and $30.20, the closing price, as 20 cents was added.
Sagicor Group traded down to $11 during the day but ended up with a decline of 1 cent at $11.99, at the end with 5,150,556 shares, changing hands. Mayberry sold more than 3.5 million units mostly at $11 from their inventory and Sagicor Investments was another major buying and selling broker of the stock. Scotia Group put on 70 cents to $26 with 8,794 units trading, Seprod had 136,611 units changing hands at $18.50, and Supreme Ventures traded 116,465 shares between $3.89 and $3.95 but ended at $3.90 and Proven Investments slipped by half of a cent in trading 61,517 units at 20.5 US cents.