Broker house, Scotia Investments was the only buyer of the 875,724 Scotia Group shares that change hands in Friday’s trading, on the Jamaica Stock Exchange. The prices of the stock rose, to close at $20, but traded as high as $20.99.
In the overall market, the prices of 11 stocks rose and 8 declined, as 26 securities changed hands, resulting in 5,240,852 shares trading, valued at $35,553,505.
Main Market| The main indices closed sharply higher in Friday’s trading as heavily weighted Scotia Group jumped to close higher by the end of trading. The JSE Market Index jumped by 1,598.01 points to 71,711.80 and the JSE All Jamaican Composite index climbed 1,786.85 points to close at 78,895.01.
Gains| Stocks with gains, volume and last traded prices, at the end of trading in the main market, are Cable & Wireless with 210,772 shares up 4 cents to 30 cents, Carreras 317,256 units, gaining 15 cents to $34, Jamaica Broilers 308 units, up 4 cents to $4.61, Jamaica Money Market Brokers with 10,000 ordinary shares, up by 5 cents to $7, National Commercial Bank that released results after trading on Thursday, closed up by 6 cents at $18.06 while trading 51,599 shares. The stock closed with the bid of $18.11 to buy 116,978 units. Pan Jamaican Investment with 1,313 stock units, gained 8 cents to $48.10, Sagicor Real Estate Fund traded 10,000 units and gained 1 cent to $6.36 and Scotia Group gained $1.30 to $20.
Firm| The stocks with volume and last traded prices in the main market to close without a price change, are Caribbean Cement with 1,600 shares at $2.50, Desnoes & Geddes 646 shares at $4, Jamaica Producers with 5,367 shares at $17.51, Sagicor Group 121,247 units at $9, Seprod 1,276 shares at $10.50 and Supreme Ventures 12,020 units at $1.95.
Declines| The stocks with losses, volume and last traded prices at the end of trading in the main market, are Gleaner with 10,300 shares, down a cent at $1.11, Grace Kennedy with 5,000 shares, lost $1.05 to end at $55, Hardware & Lumber 800 units, down 15 cents at $9, Mayberry Investments 4,080 units at $1.55, for a 1 cent fall.
Preference| Jamaica Public Service 5% C preference share traded 42,102 units and was up by a cent to $3.
Junior Market| The JSE Junior Market Index declined by 21.99 points to close at 627.28 as 7 stocks traded with 2 advancing and 4 declining.
Gains| Stocks recording gains at the end of trading in the junior market, with the closing prices, are Blue Power 5,320 shares and the price was up by 5 cents to $9.10 and Lasco Manufacturing with 3,091,640 shares the price gained 10 cents to $1 but it traded at a 52 weeks low of 85 cents before recovering by the end of trading.
Firm Trades| The stock in the junior market that traded to close at the same price as the day before is General Accident with 99,982 shares at $1.46.
Declines| Stocks declining in the junior market at the end of trading with the closing prices are, Caribbean Producers with 430,000 shares with a 5 cents loss to $2.45, Honey Bun with only 100 shares to fall by 60 cents to $2.30. This stock was poised to fall sharply after it released disappointing third quarter results and the offer gradually melted away, as bids were at very low levels. Lasco Distributors with 25,000 shares lost 9 cents to end at a new 52 weeks low of $1.10 and Lasco Financial with 7,400 units was down 8 cent to 92 cents, after the company posted a 20 percent increase in its first quarter results to June.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 7 stocks with bids higher than their last selling prices and 5 stocks with offers that were lower.
Lasco companies dominant in JSE trades
In Thursday’s trading on the Jamaica Stock Exchange the three Lasco companies dominated trading accounting 9,346,942 or 86 percent of the volume traded and nearly 37 percent of the value.
Elsewhere the prices of 6 stocks rose and 11 declined as 27 securities changed hands, resulting in 10,814,964 shares trading, valued at $25,066,008. Three stocks closed at new 52 weeks low, at the end of trading.
Main Market| The JSE Market Index rose by 165.72 points to 70,113.79 and the JSE All Jamaican Composite index moved up 185.31 points to close at 77,108.16.
Gains| Stocks recording gains at the end of trading in the main market, are Caribbean Cement with 10,000 shares, to close with a gain of 10 cents at $2.50, Gleaner with 3,000 units changing hands, gained 2 cents to close $1.12, Grace Kennedy with 4,575 shares, gained 5 cents to close at $56.05, Sagicor Real Estate Fund traded 7,800 units, to close 30 cents up at $6.35 and Scotia Group exchanged 99,000 shares, to close up 20 cents at $18.70.
Firm| The stocks in the main market to close without a price change, are Berger Paints 3,799 shares to close at $1.62, Jamaica Broilers 2,200 units traded, to close at $4.57, Jamaica Money Market Brokers with 112,700 shares closed at $6.95, Jamaica Producers, with 309 shares closed at $17.51 and Sagicor Group 67,700 units closed at $9.
Declines| The number of stocks that declined in the main market, are Cable & Wireless with only 6,494 units, closed at 26 cents with a 3 cents decline, Carreras lost 5 cents in trading 188,550 shares to close at $33.85, Desnoes & Geddes with 250,000 units closed with a decline of 25 cents, to end at $4, a new 52 weeks low, National Commercial Bank exchanged 45,564 shares and closed with a one cent loss at $18, Radio Jamaica traded 2,550 units in losing 6 cents, to end at $1.22, Scotia Investments traded at a new 52 weeks low of $21 as 9,310 shares were exchanged, with a 10 cents decline and Supreme Ventures traded only 680 shares in losing 2 cents off the price, to close at $1.95.
Preference| Jamaica Money Market Brokers (JMMB) 8.50% preference share traded 57,000 units and closed at $3.50 and the JMMB 8.75% preference share traded 16,695 units, to lose 2 cents and closed at $2.99.
Junior Market| The JSE Junior Market Index declined by 14.07 points to close at 649.27 as 7 stocks traded with one advancing and 4 declining.
Gains| Dolphin Cove was the sole stock, recording a gain at the end of trading in the junior market, it traded 304,625 shares and climbed 10 cents to $8.40.
Firm Trades| The actives stocks in the junior market that closed at the same price as the day before are, Caribbean Producers with 75,000 units to close at $2.50 and Lasco Financial 1,446,904 units to close at $1.
Declines| Stocks declining in the junior market at the end of trading, are Access Financial with 34,680 shares at $8.97, down a cent $1.03, General Accident 3,000 units traded with decline of 4 cents to close $1.46, Lasco Distributors had 762,355 shares changing hands and declined by a cent to $1.19 and its sister company, Lasco Manufacturing with a large volume of 7,137,683 shares, closed at a new 52 weeks low of 90 cents, after falling 10 cents.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 9 stocks with bids higher than their last selling prices and 6 stocks with offers that were lower.
Gains more than losses but indices fall on JSE
In Tuesday’s trading on the Jamaica Stock Exchange, the prices of 8 stocks rose, 5 declined as 23 securities changed hands, culminating in 3,304,455 shares trading, valued at $12,238,376.
Main Market| The JSE Market Index dropped by 278.54 points to 69,980.67 and the JSE All Jamaican Composite index fell 311.45points to close at 76,959.31.
Gains| Stocks recording gains at the end of trading in the main market, are Cable & Wireless with 331,127 units as the price closed 4 cents higher at 29 cents, Caribbean Cement with 15,180 shares, closed with a 15 cents gain at $2.40, Grace Kennedy traded just 1,140 units and gained $1 to end at $56, Jamaica Broilers had 107,554 shares changing hands with a 4 cents gain, to end at $4.61, Mayberry Investments had 9,000 units trading, with a 2 cents gain to close at $1.57, Scotia Group traded only 12,450 shares with a gain of 10 cents as the price closed at $18.61 and Supreme Ventures 8,000 units, resulted in a 2 cents rise to $1.97.
Firm| The stocks in the main market to close without a change in price, are Berger Paints with 14,787 to close at $1.62, Ciboney 6,000 shares to close at 8 cents, Desnoes & Geddes 1,959,606 shares to close at $4.25, Jamaica Money Market Brokers with 2,235 ordinary shares to close at $6.95, Kingston Wharves traded 68,182 shares to close at $5, National Commercial Bank traded 15,557 shares to close at $18, Radio Jamaica with 135,998 shares closed at $1.28 and Salada Foods 30,000 shares changed hands, to close at $7.90.
Declines| The number of stocks that declined in the main market, are Gleaner with 3,696 units to close at $1.10, after shedding a cent, Pan Jamaican Investment with 18,740 shares as the price slipped 24 cents to $48.02, Sagicor Group 15,168 shares traded with a loss of 5 cents to end at $9 and Scotia Investments closed at $21.10 with a loss of 20 cents, as 3,000 shares were traded.
Preference| Proven Investments 8% preference share traded 5,000 units to close unchanged at $5.04.
Junior Market| The JSE Junior Market Index declined by 9.54 points to close at 669.86 as only 3 securities traded, with one advancing and one declining.
Gains| The only stock to gain at the end of trading in the junior market is General Accident with 440,040 units as the price closed up 5 cents to $1.50.
Firm Trades| The active stock in the junior market to close at the same price as the day before, is Dolphin Cove with 1,000 shares at $8.30.
Declines| Lasco Manufacturing was the sole stock declining in the junior market at the end of trading, as 100,995 shares changed hands at $1 for a 4 cents fall.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with bids higher than their last selling prices and 6 stocks with offers that were lower.
More stocks fall than rise but main indices up
In Thursday’s trading on the Jamaica Stock Exchange the prices of 4 stocks rose, 7 declined as 16 securities changed hands, resulting in 2,965,442 shares trading, valued at $16,295,528.
Main Market| The JSE Market Index gained 168.74 points to 70,533.56 and the JSE All Jamaican Composite index moved up 188.68 points, to close at 77,577.53.
Gains| Stocks recording gains at the end of trading in the main market are Berger Paints trading 2,955 shares to close with a 2 cents gain at $1.62, Carreras 7,535 shares closed 10 cents higher at $33.90, Desnoes & Geddes 21,750 units traded to close 5 cents higher, at $4.25, National Commercial Bank gained 5 cents to close at $18.20, with 900 units changing hands, Sagicor Group traded 1,137,827 shares in closing at $9.07 for a 2 cents gain and Scotia Group traded 11,881 units to close 9 cents up, at $18.60
Firm| Kingston Wharves with 511 units closing at $5.25 was the only stocks in the main market to close without a change in price.
Preference| Jamaica Money Market Brokers 7.50% preference share traded 439,700 units to close at $2,
Jamaica Money Market Brokers 8.75% preference share with 523,950 units closed at $3.01 and Jamaica Public Service 5% D preference share with 23,675 units closed at 35 cents.
Declines| The stocks that declined in the main market are Cable & Wireless that lost a cent with 6,758 units to close at 29 cents and Grace Kennedy with 25,000 shares as the price slipped $1 to close at $54.
Junior Market| The JSE Junior Market Index declined by 15.40 points to close at 670.67, only 4 stocks traded with none advancing and 3 declining.
Firm Trades| Only one stock in the junior market that traded, close at the same price as the day before with Lasco Financial Services trading 10,000 shares as the price closed at $1.
Declines| Junior market stocks declining at the end of trading are Caribbean Producers with 505,000 shares, declining by 5 cents to close at $2.50, Lasco Distributors with 129,000 shares changed hands for 5 cents higher at $1.20 and Lasco Manufacturing 119,000 shares, closed with a loss of 8 cents at $1.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bids higher than their last selling prices and 3 stocks with offers that were lower.
Advancing stocks out pace decliners on JSE 11 to 6
Market activity was very moderate in Tuesday’s trading on the Jamaica Stock Exchange, the prices of 11 stocks rose and 6 declined as 26 securities changed hands, resulting in 1,088,746 shares trading, valued at $15,721,500.
Main Market| The JSE Market Index gained 521.80 points, to close at 70,786.13 and the JSE All Jamaican Composite index moved up 583.46 points, to close at 77,859.94.
Gains| Stocks recording gains at the end of trading in the main market, are Cable & Wireless with 30,000 shares, to close with a gain of a cent, at 30 cents, Caribbean Cement with 5,959 units changing hands and close with a 5 cents gain, at $2.25, Carreras with 78,543 shares, closed with a gain of 35 cents, at $35.10, Desnoes & Geddes traded 25,000 units and gained 30 cents, to close at $4.55, Jamaica Money Market Brokers 6,700 shares helped to add 10 cents on the price to end at $7, National Commercial Bank with 72,545 shares, closed with a $1 increase to $18.50, Sagicor Group exchanged 193,523 shares with the price rising 4 cents to $9.03, Sagicor Real Estate Fund 25,000 units while gaining 15 cents to close at $6.40, Salada Foods with 20,000 shares as it gained 10 cents to end at $7.90 and Scotia Group 326,180 shares helped to garner 10 cents to close at $18.50.
Firm| There were only 3 stocks in the main market to close without a change in price with Berger Paints trading 6,780 units at $1.60 followed by Gleaner with 3,400 shares to end at $1.11 and Jamaica Broilers with 12,000 units at $4.57.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 10,000 units to close at $3.03 and Jamaica Public Service 5% D preference share traded 3,000 units at 35 cents.
Declines| The stocks that declined in the main market are Kingston Wharves with 10,589 shares, as the p[rice declined by 75 cents to end at $5.25, Pan Jamaican Investment traded 57,174 units and closed with a loss of 49 cents at $48.01, Proven Investments ordinary shares traded 12,600 units to close with a loss of 0.0005 US cents and ended at 17.95 US cents, Seprod with 5,000 shares closed with a loss of 30 cents at $10.50 and Supreme Ventures with 2,000 shares changing hands closed with a decline of 2 cents at $1.95
Junior Market| The JSE Junior Market Index inched up by 0.26 points to close at 692.66 as only 6 stocks traded with 1 advancing and 1 declining.
Gains| The only stock recording gains at the end of trading in the junior market was Lasco Financial Services with 19,000 shares as the price gained 5 cents to close at $1.
Firm Trades| Junior market stocks that traded at the close at the same price as the previous trading day are Caribbean Cream in trading 38,300 units to close at 70 cents, Consolidated Bakeries with 41,047 shares to close at 80 cents, Lasco Distributors 4,740 units while closing at $1.30 and Lasco Manufacturing with 55,500 units, to close at $1.10.
Declines| The only junior market stocks declining at the end of trading was General Accident with 24,166 shares while losing 5 cents to end at $1.45.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bids higher than their last selling prices and 2 stocks with offers that were lower.
Jamaican stocks flashing positive signal
At the end of trading on Friday, the Investor’s Choice bid-offer indicator had 9 stocks with bids higher than their last selling prices and only 1 stock with the offer lower.
This is the strongest signal flashed for some time, but investors would need to see a continuation of this positive ratio to say whether this is an indication of what can be expected in the not too distant future. With Bank of Jamaica sending a powerful signal in the forex market that the top for the Jamaican dollar may be nigh, investors could well be sensing that the time for buying stocks may not be far off. What is known is that the majority of market rallies have their genesis in July or August.
Main Market| In Friday’s trading on the Jamaica Stock Exchange the main market indices advanced, with The JSE Market Index rising by 193.15 points to 70,617.93, up more than 700 points for the wee and the JSE All Jamaican Composite index moved up by 215.98 points to close at 77,671.87, to be up 800 points for the week. The prices of 4 stocks rose and 6 declined as 20 securities changed hands, resulting in 8,773,022 shares trading, valued at $20,787,406. KLE Group dominated trading with 7,181,043 units sold by Craig Powell, one of the company’s directors.
Gains| Stocks recording gains at the end of trading in the main market, are Sagicor Group with 586,363 shares, to close with a gain of 4 cents at $9.09 and Sagicor Real Estate Fund, with 20,000 units changing hands, as the price gained 15 cents at to end at $6.25.
Firm| The stocks in the main market to close without a change in price, are Caribbean Cement with 18,248 shares to end at $2.20, Desnoes & Geddes 4,017 units to close at $4.25, Grace Kennedy with 13,251 shares to end at $56, Jamaica Broilers 3,920 units, to close at $4.57, National Commercial Bank 9,160 shares, to end at $18 and Scotia Group with 900 units, to close at $18.40.
Preference| There was no trading in the preference section.
Declines| The stocks that declined in the main market, are Carreras that traded 22,764 shares to close 5 cents down, at $35, followed by Jamaica Producers with 2,062 shares trading, for a fall of 50 cents, in closing at $17.50 and Jamaica Stock Exchange with 250 shares, declined by a cent, to close $1.88.
Junior Market| The JSE Junior Market Index declined sharply by 3.81 percent as it lost 26.75 points to close at 675.01 with 9 stocks traded, with 2 advancing and 3 declining.
Gains| Stocks recording gains at the end of trading in the junior market, are Blue Power with 718,136 units to close up 4 cents, at $9.05 and Lasco Financial with 12,500 units as the price gained 5 cents, to 95 cents.
Firm Trades| Stocks in the junior market that traded to close at the same price as the day before, are AMG Packaging that traded 1,500 shares as the price closed at $3.10, Dolphin Cove with 14,071 units, to close at $8.30, General Accident with 25,000 shares, to end at $1.50 and Jamaican Teas with 22,000 ordinary shares, to close at $3.25
Declines| Stocks declining in the junior market at the end of trading, are Access Financial trading 541 units, to close down $3.50, at $10, Caribbean Producers dropped a cent in trading 117,296 shares, to close at $2.65, and KLE Group lost 3 cents, with 7,181,043 changing hands, to end a an all-time low of 90 cents.
Few gains as market declined moderately
In Thursday’s trading on the Jamaica Stock Exchange, the prices of only 2 stocks rose and 9 declined with 24 securities changing hands, resulting in 3,236,728 stock units trading, valued at $17,661,162. Price changes were moderate and is reflected in moderate declines in the market indices.
Main Market| The JSE Market Index fell by 168.40 points to 70,424.78 and the JSE All Jamaican Composite index declined by 188.30 points to close at 77,455.89.
Gains| Only Sagicor Real Estate Fund gained at the end of trading in the main market with 87,160 shares to close with a gain of 10 cents at $6.10.
Firm| The stocks in the main market to close without a change in price are Cable & Wireless with a mere 735 units to close at 29 cents, Caribbean Cement 5,936 shares to close at $2.20, Jamaica Broilers 24,427 units and closed at $4.57, Jamaica Money Market Brokers with 1,000,000 shares to close at $7, Kingston Wharves 5,132 units to end trading at $6, National Commercial Bank with 51,246 shares trading, to close at $18, Pan Jamaican Investment 9,500 units that traded to close at $48.02 and Scotia Group with 17,500 shares trading to close at $18.40.
Preference| Jamaica Money Market Brokers 7.50% preference share with 436,000 units traded to close at $2 and Jamaica Money Market Brokers 8.75% preference share, 343,347 units traded to close at $3.03.
Declines| The stocks that declined in the main market are Berger Paints with 5,939 shares, declined by 5 cents to close at $1.60, Carreras with 25,536 units changing hands, to close 15 cents lower, at $35.05, Desnoes & Geddes 600 shares closing at 15cents down at $4.25, Jamaica Producers with 3,023 units traded down 24 cents to close at $18 and Sagicor Group with 481,750 shares closed at $9.05 with a 4 cents fall.
Junior Market| The JSE Junior Market Index declined by 9.89 points to close at 701.76 as 8 stocks traded with only 1 advancing and 4 declining.
Gains| General Accident Insurance was the only stock in the junior market to record an increase in price as 414,536 shares were traded to close 5 cents higher at $1.50.
Firm Trades| The stocks in the junior market that traded to close at the same price as the day before Blue Power with 7,100 shares traded to close at $9.01, Consolidated Bakeries 5,000 shares traded to close at 70 cents, Lasco Distributors with 206,900 shares trading, to close at $1.20.
Declines| Stocks declining in the junior market at the end of trading are Caribbean Producers traded 2,000 units to close with a 17 cents fall to $2.66, Dolphin Cove had 961 shares changing hands but declined by 20 to end at $8.30, Lasco Financial had 5,400 units to close with a 10 cents decline at 90 cents, a 52 weeks low and Lasco Manufacturing with 97,000 shares to close 8 cents off at $1.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with bids higher than their last selling prices and 5 stocks with offers that were lower.
More stocks up than down for 3rd day
In Wednesday’s trading on the Jamaica Stock Exchange the prices of 9 stocks rose and 7 declined, the third consecutive day with more stocks rising than falling as 28 securities changed hands, resulting in 3,679,094 shares trading, valued at $40,219,824.
Main Market| The JSE Market Index gained 396.20 points to close at 70,593.18 and the JSE All Jamaican Composite index moved up by 443.48 points to close at 77,644.19.
Gains| Stocks recording gains at the end of trading in the main market are Carreras with 13,570 shares changing hands, with a gain of 20 cents, to close at $35.20, Kingston Wharves 4,000 shares while gaining of 80 cents to close at $6, Mayberry Investments with only 1,020 units and gained 2 cents, to close at $1.50, Sagicor Group 590,364 units with a gain of 19 cents, to close at $9.09, Sagicor Real Estate Fund 4,930 units as the price gained of 5 cents, to close at $6 and Scotia Investments 16,500 shares, gained 80 cents, to close at $21.90.
Firm| The stocks in the main market to close without a change in price are Berger Paints, with 5,025 shares closing at $1.65, Cable & Wireless 19,705 shares, closing at 29 cents, Ciboney with 5,000 shares to close at 8 cents, Grace Kennedy 8,194 shares, closing at $56, Jamaica Broilers with 9,318 shares, to close at $4.57, Jamaica Money Market Brokers 1,009,508 shares closing at $7 and Radio Jamaica with 9,292 units, closing at $1.28
Preference| Access Financial 9% Short Term Note traded 5,000 units at $100 each, Jamaica Money Market Brokers 8.75% preference share 384,621 units, to close at $3.03 and Proven Investments 8% preference share, 100 units to close at $5.07.
Declines| The stocks that declined in the main market are Caribbean Cement with 15,358 units and closed 5 cents down, at $2.20, Desnoes & Geddes with 600 shares closed at $4.40 with a decline of 5 cents, Kingston Properties 10,000 units, closing at $3.85 after shedding 15 cents, National Commercial Bank with 38,330 units and closed at $18, for a 35 cents fall, Pan Jamaican Investment 3,500 shares to close at $48.02 with a decline of 8 cents and Scotia Group with 1,274,586 shares after losing 21 cents to end at $18.40.
Junior Market| The JSE Junior Market Index declined by 4.96 points to close at 711.65 as 6 stocks traded with 3 advancing and 1 declining.
Gains| Stocks recording gains at the end of trading in the junior market are, General Accident with 100,000 units, with a gain of 5 cents, to close at $1.45, Lasco Distributors 55,007 shares, gained 1 cent to close at $1.20 and Lasco Manufacturing had 26,566 shares changing hands with a gain of 8 cents, to close at $1.08.
Firm Trades| Stocks in the junior market that traded and closed at the same price as the previous trading day are, Blue Power with 1,000 shares, in closing at $9.01 and Lasco Financial 60,000 shares to close at $1.
Declines| Only one stocks declined in the junior market at the end of trading with Consolidated Bakeries having 13,000 units changing hands and closed 10 cents lower, at 70 cents.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with bids higher than their last selling prices and 4 stocks with offers that were lower.
Proven Investments trades 7M shares
Proven Investments was the dominant trade on the Jamaica Stock Exchange in Monday’s trading session. The company had 6,966,866 ordinary shares with a value of US$1,247,669 changing hands, at 1799 US cents each, down a fraction of a cent for the day.
The prices of 8 stocks rose and 5 declined as 22 securities changed hands, resulting in 8,451,027 shares trading, valued at $151,978,606, for the first trading day of the week.
Main Market| Notwithstanding, the slightly positive advance decline ratio, the JSE Market Index declined by 155.43 points to close at 69,746.90 and the JSE All Jamaican Composite index fell by 173.80 points to 76,697.90 points.
Gains| Stocks recording gains at the end of trading in the main market are, Caribbean Cement with 2,000 shares, to close with a gain of 5 cents at $2.25, Carreras with 62,750 shares changing hands, to close 25 cents higher at $35, Grace Kennedy 2,486 units, to close $1.95 higher at $56. Jamaica Money Market Brokers traded just 4,300 units to gain 12 cents to close at $7 and Supreme Ventures with 5,000 units closed 2 cents up, at $1.97.
Firm| The stocks in the main market to close trading without a price change are, Berger Paints with 3,115 shares while closing at $1.65, Jamaica Broilers with 38,252 units, to close at $4.57, Cable & Wireless 79,061 shares to close at 29 cents, Sagicor Group 643,931 shares at $8.80 and Scotia Group with 79,609 units to close at $18.50.
Preference| Jamaica Money Market Brokers 8.75% preference share, traded 28,450 units with a 1 cent gain to $3.03.
Declines| The number of stocks declining in the main market are Desnoes & Geddes with 137,605 shares in losing 20 cents, to end at $4.30, National Commercial Bank 32,472 shares to close down 45 cents, to end at $17.50 and Radio Jamaica with 17,270 shares, closed a cent down at $1.28.
Junior Market| The JSE Junior Market Index rose by 5.45 points to close at 714.80 as 7 securities traded with 2advancing and 1 declining.
Gains| Stocks recording gains at the end of trading in the junior market are, Lasco Distributors with 14,910 units changing hands as the price gained a cent, to close at $1.19 and Lasco Manufacturing with 2,530 shares traded, with the price moving up 5 cents, to $1.12.
Firm Trades| The stocks in the junior market that traded to close at the same price as the day before are, Access Financial Services with 420 units to close at $13.50, Caribbean Cream had just 10,000 shares changing hands at 70 cents, General Accident 150,000 shares to close at $1.40 and Medical Disposables with 70,000 units to end at $2.
Declines| The only stocks declining in the junior market at the end of trading is Caribbean Producers in trading 100,000 shares and lost 34 cents to end at $2.65.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bids higher than the last selling prices and 4 stocks with offers that were lower.
Scotia Group dominates with $83M on JSE
In Thursday’s trading on the Jamaica Stock Exchange the prices of 3 stocks rose and 8 declined as 27 securities changed hands resulting in 8,283,873 shares trading valued at $115,640,825.
Main Market| The JSE Market Index inched up by 10.40 points to 70,492.27 and the JSE All Jamaican Composite index moved up 11.64 points to close at 77,531.37, after being up by 1,658 points to 79,177.73 at 10.12 AM, in early trading, with Scotia Group traded as high as $21.70.
Gains| Only one stock gained at the end of trading, in the main market with National Commercial Bank trading 61,078 units to close with an increase of 40 cents at $18.
Firm| Stocks in the main market to close without a change in price are Berger Paints with 5,000 units to close at $1.65, Cable & Wireless 16,000 units to close at 29 cents, Caribbean Cement 6,820 shares to close at $2.20, Gleaner 163,282 units to close at$1.10, Jamaica Broilers with 23,170 shares in closing at $4.57, Kingston Wharves 650 units to close at $5.20, Pan Jamaican Investment 100,000 shares to close at $49, Proven Investments 280 units to close at 18 US cents, Radio Jamaica 2,814 units to close at $1.29 and Scotia Group with 4,310,653 units valued at $82,811,277 to close at $19. The bulk of the trades were conducted by stockbroker, Scotia Investments.
Preference| Jamaica Money Market Brokers 7.50% preference share traded 1,297 units to close at $2, and the Jamaica Money Market Brokers 8.75% preference share, 431,000 units to close at $3.02.
Declines| The stocks that declined in the main market are Carreras with 200,000 units while losing 75 cents to end at $34.50, Grace Kennedy with 100 shares, declined by $3.75 to $54.05, Jamaica Money Market Brokers 1,002,596 ordinary shares traded but the price declined 12 cents to $6.88, Jamaica Producers had 13,114 shares changing hands, the price declined by a cent to $18.24, Sagicor Group had 1,030,623 units changing hands to close 10 cents lower at $8.90, Scotia Investments with 7,800 units close 40 cents down to a new 52 weeks low of $21.10.
Junior Market| The JSE Junior Market Index declined by 8.32 points to close at 708.27 points as 8 stocks traded with 2 advancing and 2 declining.
Gains| Stocks recording gains at the end of trading in the junior market are General Accident Insurance with 147,000 units, closing with a gain of 3 cents at $1.40 and Lasco Manufacturing with 14,500 shares to close a cent higher at $1.06.
Firm Trades| Stocks in the junior market that traded to close at the same price as the day before are Access Financial Services with 1,925 units to close at $13.50, Blue Power with 100,000 shares to close at $9.01, Consolidated Bakeries with 458,761 units to end at 80 cents and Lasco Financial 10,000 shares to close at $1.
Declines| Stocks declining in the junior market at the end of trading are Lasco Distributors 169,410 shares, declined by 12 cents to $1.18 and Medical Disposables with 6,000 shares changing hands declined by 5 cents $2.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bids higher than the last selling prices and 4 stocks with offers that were lower.
