
Bulls in cautious run on Jamaican stocks
At the close the All Jamaica Composite Index climbed 1,682.71 points to close at 191,787.84, with the year to date gains at 13 percent. The JSE Market Index rose 1,504.65 points to finish at 172,534.23 and the JSE combined index gained 996.34 points to end at 185,136.96 with a gain for the year to date of 17 percent.
At the close 5,034,107 units valued at $28,268,540 changed hands, compared to 3,554,573 units valued at $49,191,747 changing hands on Tuesday. The junior market accounted for 1,885,054 units trading valued at $7,271,634 of the stocks traded.
The average trade for the day in the main market ended at 125,962 and 117,386 units month to date. On Tuesday, an average of 90,548 units traded and for the month to date, 99,679 units, in comparison the average for the October was 220,811 units.The market closed with 39 securities trading as the prices of 14 gained while 14 declined in the overall market, including 6 stocks rising and 6 falling, in the junior market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 16 stocks with bids higher than their last selling prices and just 3 with lower offers.
In market activity, Barita Investments traded 14,000 units to close at $4.20, Berger traded 14,500 shares to gain 15 cents and close at $6.50, Cable & Wireless closed at 80 cents with 167,652 units trading, Caribbean Cement lost 65 cents with 26,557 units changing hands, to close at $29.30, Carreras gained $1 in trading 6,500 shares to end at $66. Ciboney traded 254,900 units and closed at 18 cents, Grace Kennedy ended up trading 42,866 units at $41.40 after easing 3 cents, Jamaica Broilers fell 7 cents and closed at $14.51 with 32,302 shares changing ownership, Jamaica Producers lost 20 cents to end at $8 with 124,267 units trading.
Jamaica Stock Exchange rose 19 cents and ended at $5.70 after trading 71,432 shares, JMMB Group close trading with 289,634 shares to end at $14, Mayberry Investments rose 10 cents in trading 35,604 shares to close at $3.75, National Commercial Bank ended with just 2,200 shares changing hands but fell back $4 to $49. Trading in the shares of 138 Student Living ended in 53,200 units changing hands at $5, Pan Jamaican Investment fell 85 cents and closed at $22.80 after trading 40,782 shares, Portland JSX traded just 1,000 units with the price falling 79 cents to $10.21, for an all-time low. Sagicor Group had 117,831 shares changing hands and fell 89 cents to close at $24.10, Sagicor Real Estate Fund closed at $10.23 with 21,237 units switching owners, Scotia Group gained 29 cents in trading 75,089 shares to close at $31.50, Seprod rose 20 cents in trading 82,367 shares to end at $27.50. Proven Investments ordinary share traded 15,255 units to end at 19.50 US cents compared to 19.97 US cents on Tuesday, JMMB Group 7.50% preference share gained 1 cent in trading 1,251,688 units at $1.09 and Jamaica Money Market Brokers 7.50% preference share ended in trading 401,986 units at $2.10.

The average trade for the day in the main market ended at 90,548 and 99,679 units month to date. On Monday, an average of 62,133 units traded and for the month to date, 108,809 units, in comparison the average for the October was 220,811 units.
Jamaica Broilers fell 42 cents and closed at $14.58 with 6,665 shares changing ownership, Jamaica Stock Exchange rose 19 cents and ended at $5.69 after trading 101,985 shares, JMMB Group gained 55 cents in trading 237,408 shares to end at $14. Kingston Wharves jumped $1.26 in trading 40,000 shares to close at $18.51, Pan Jamaican Investment fell 5 cents and closed at $23.65 after trading 108,967 shares, Radio Jamaica closed with a gain of 1 cent to close at $1.32 with 23,297 shares trading, Sagicor Group had 452,560 shares changing hands and rose 99 cents to close at $24.99. Sagicor Real Estate Fund traded with a rise of 11 cents to close at $10.23 with 29,630 units switching owners, Scotia Investments gained 10 cents in trading 37,500 shares to close at $26.65, Seprod rose 30 cents in trading 4,600 shares to end at $27.30. Supreme Ventures fell 10 cents trading 47,100 shares to close at $4.90 and JMMB Group 7.50% preference share traded 26,082 units at $1.08.
Trading on the Trinidad and Tobago Exchange closed on Monday with 10 securities changing hands, down from 13 on Friday, 1 of which advanced, 2 declined and 7 traded unchanged.
Gains| Sagicor Financial gained 5 cents to close at a 52 weeks high of $7.25 with 3,000 shares changing hands.
Trading levels on the Jamaica Stock Exchange slipped at the close on Monday from Friday’s with the number of securities and volume trading falling, compared to Friday. At the close the All Jamaica Composite Index fell 919.74 points to close at 188,471.81, with the year to date gains at 12.6 percent. The JSE Market Index fell 822.42 points to finish at 169,569.09 and the JSE combined index dropped 623.42 points to end at 182,889.85 with a gain for the year to date of 15.6 percent.
The market closed with 31 securities trading as the prices of 7 gained while 16 declined in the overall market, including 4 stocks rising and 4 falling, in the junior market.
Jamaica Producers rose 20 cents in trading 1,000 shares to close at $8.20, Jamaica Stock Exchange fell 20 cents and ended at $5.50 after trading 339,443 shares. JMMB Group traded 59,840 shares to end at $13.45 with a loss of 25 cents, Mayberry Investments ended with 12,951 shares trading to close at $3.65 for a fall of 35 cents, National Commercial Bank ended trading of 19,790 shares to close at $46, Pan Jamaican Investment closed at $23.70 after trading 3,000 shares. Radio Jamaica closed with a 14 cents loss at $1.31 with 22,974 shares trading, Sagicor Group had 85,203 shares changing hands to close at $24, Sagicor Real Estate Fund traded with a fall of 13 cents to close at $10.12 with 93,001 units switching owners, Scotia Group traded 117,800 shares to close at $31.21, Scotia Investments dived $4.45 in trading 6,200 shares to end at $26.55 and Seprod fell 50 cents in trading 43,847 shares to end at $27.
of $3 for the year is on target. The other stocks have held their respective places but with Jetcon price rising during the past week to $5 from $4.51.
The market closed with 42 securities trading as the prices of 20 gained while 12 declined in the overall market, including 8 stocks rising and 6 falling, in the junior market.
Mayberry Investments ended with 21,000 shares trading to close at $4 for a fall of 1 cent, National Commercial Bank ended trading of 292,035 shares to close at a 52 weeks’ high of $46, the stock closed with just one offer at $50 to sell 200 units. Trading in 138 Student Living, ended with 181,667 shares changing hands to close with a fall of 50 cents at $5, Pan Jamaican Investment closed at $23.70 after trading 57,959 shares, Radio Jamaica closed with a 5 cents loss at $1.45 with 10,186 shares trading, Sagicor Group had 86,046 shares changing hands and rose 5 cents to close at $24. Sagicor Real Estate Fund traded with a rise of 3 cents to close at $10.25 with 28,498 units switching owners, Scotia Group slipped 9 cents in trading 87,290 shares to close at $31.21, Seprod fell 50 cents in trading 21,445 shares to end at $27.50. Supreme Ventures rose 30 cents trading 9,840 shares to close at $5.10 and Proven Investments traded 161,675 units rising slightly to close at 19.97 US cents.

Firm Trades | Ansa McAl closed at $62 with 2,000 shares changing hands, Ansa Merchant Bank ended with 46 shares changing hands at $40.01, Clico Investment Fund closed at $22.60 with just 45 shares changing hands with a value of $896,994, First Citizens traded 201,792 shares valued at $6,659,136 to close at $33. First Caribbean International Bank closed at $8.50 with 95,736 shares with a value of $813,754 changing hands, JMMB Group closed at 91 cents with 1,841 shares changing hands, Massy Holdings closed at $50.99 with 1,310 shares trading, Sagicor Financial Corporation closed at $7.20 with 7,995 shares changing hands and Scotiabank closed at $58.74 with 423 shares changing hands.
The main market of the Jamaica Stock Exchange closed down on Thursday after hitting a new record on Wednesday. The All Jamaica Composite Index dropped 1,569.85 points to close at 189,153.12, bringing the year to date gains to 13 percent. The JSE Market Index fell 1,403.72 points to finish at 170,178.32 and the JSE combined index declined 1,147.57 points to end at 183,032.25 with a gain for the year to date of 15.6 percent.
The market closed with 42 securities trading as the prices of 9 gained while 17 declined in the overall market, including 4 stocks rising and 7 falling, in the junior market.
Margaritaville Turks traded 1,629,049 shares to close at 22.01 US cents, after declining by 2.5 cents, National Commercial Bank ended with the trading of 49,275 shares to close at $45.50, Pan Jamaican Investment closed at $23.70 after trading 2,751,998 shares, Pulse Investments traded at $3 with 50,000 units changing owners. Radio Jamaica closed unchanged at $1.50 with 16,593 shares trading, Sagicor Group had 678,392 shares changing hands and rose 5 cents to close at $23.95, Scotia Group slipped 49 cents in trading 43,593 shares to close at $31.30, Seprod fell 50 cents in trading 14,051 shares to end at $28. Supreme Ventures lost 20 cents trading 2,000 shares to close at $4.80, Proven Investments traded 121,922 units slipping slightly to close at 19.9 US cents and Jamaica Money Market Brokers 7.5% preference share, traded 92,320 units to close at $2.10.
The average trade for the day in the main market ended at 186,716 and 182,374 month to date units. On Tuesday, an average of 255,960 units traded and 178,031 month to date. The average for the October was 220,811 units.
Kingston Properties traded 29,600 shares and closed at $10. Margaritaville Turks traded 85,200 shares to close at a 52 weeks’ high of 24.50 US cents, after rising by 0.50 cent, National Commercial Bank rose 1 cent in trading 104,502 shares to close at a new 52 weeks’ closing high of $45.50, Pan Jamaican Investment gained 40 cents and closed at $23.70 after trading 2,700,060 shares, Sagicor Group had 21,526 shares changing hands and rose 48 cents to close at $23.90. Scotia Group climbed 59 cents in trading 60,823 shares to close at $31.79, Seprod fell $1.50 in trading 20,949 shares to end at $28.50, Supreme Ventures traded 147,357 shares to close at $5. Proven Investments traded 172,995 units and rose 1 cent to close at 20 US cents and Jamaica Money Market Brokers 7.25% preference share traded 80,000 units to close at $2.40.
Trading on the Trinidad and Tobago Exchange closed on Tuesday with big declines in a number of stocks, which pulled the main indices down relatively sharply. At the close of trading, 10 securities changed hands, up from 8 traded on Monday. One security advanced, 4 declined and 5 traded firm. Two stocks closed at 52-week highs’ low
National Commercial Bank lost 2 cents to close at $2.66 with 100,460 shares changing hands and Republic Financial Holdings lost $1.78 to close at to close at a 52-weeks’ low of $107 with 5,270 shares trading valued at $563,890.