Monday’s trading activity on the Jamaica Stock Exchange, resulted in the prices of 8 stocks rising and 8 declining as 20 securities changed hands, ending in 5,600,984 units traded, valued at $32,212,309, in all market segments.
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 only 2 stocks with offers that were lower.
Main Market| The JSE Market Index gained 261.32 points to 76,193.20, the JSE All Jamaican Composite index rose 292.16 points to close at 83,905.84 and the JSE combined index gained 236.48 points to close at 78,085.02.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Caribbean Cement closed with 17,375 shares changing hands, 5 cents higher to $2.45, Desnoes & Geddes ending with 233,619 shares, the price rose 30 cents to $5. National Commercial Bank had trading in 67,060 shares to close 9 cents higher at $18.45, Pan Jamaican Investment gained $3.42 in trading 15,567 shares to end at $59.92, Proven Investments concluded trading with 2,000 shares and gained 0.25 cents to 19 US cents and Sagicor Group ended with 506,271 shares changing hands to close 50 cents higher at $10.50.
Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless closed with 1,215,792 shares changing hands at 50 cents. Grace Kennedy finished with 900 shares at $62, Jamaica Broilers ended with 29,413 units and ended at $4.01, Jamaica Money Market Brokers ended trading with 15,000 ordinary shares at $7.10 and Mayberry Investments completed trading with 100,000 shares at $1.50.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Carreras that ended with 3,000 shares trading 19 cents lower at $36.81. Sagicor Real Estate Fund closed with 2,842,660 units as the price slipped 10 cents to $7, Scotia Group finished with 97,500 units trading as the price slipped 1 cent to $20 and Supreme Ventures closed with 118,003 shares trading lower by 2 cents to $1.90.
8 up 8 down on last 2014 Monday
7 stock rose on TTSE 1 fell
Scotiabank closed up 50 cents on Monday to $61.50 as the price continues to recover.
At the close of the market, the Composite Index rose 1.57 points to 1,146.89, the All T&T Index gained 3.48 points to end at 1,983.07 and the Cross Listed Index increased by a mere 0.04 points to end at 40.67.
Gains| Stocks increasing in price at the close are, Agostini’s in trading 460 shares advanced 16 cents to end at $17.50. Angostura Holdings added 5,180 shares to close at $3.50 while gaining 20 cents, Clico Investment Fund traded 250 shares and advanced by 2 cents to $23.04, First Citizens Bank traded 2,000 shares to close with a gain of 1 cent at $37.06, Jamaica Money Market Brokers with 100,000 shares changing hands gained 1 cent to end at 44 cents, Massy Holdings traded 50 shares to close with a gain of 25 cents at $68.25 and Scotiabank gained 50 cents to end at $61.50 while trading 980 shares.
Declines| Grace Kennedy lost 10 cents while trading 40,000 shares to end at $3.65 and was the sole stock to fall in price.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Ansa Merchant Bank that traded 5,000 units to close at $39.45. Sagicor Financial Corporation contributed 17,722 shares with the price closing at $5.95, Scotia Investments had 318 shares changing hands at $1.45, Trinidad Cement contributed 500 shares to end at $2.50 and West Indian Tobacco exchanged only 72 units at $121.33.IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator showed just 1 stock with the bid higher than the last selling price and none with the offer that was lower.
Salada sole main market stock up Wednesday
In Wednesday’s activity on the Jamaica Stock Exchange, Salada Foods was the sole main market stock gaining on the eve of Christmas. The gain comes after the company reported strong increased earnings in the September quarter, from robust sales growth flowing from a change in distributorship.
At the close of trading, the prices of 4 stocks rose and 9 declined as only 18 securities changed hands, ending in 2,553,000 units trading, valued at $42,970,245, in all market segments.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator showed 9 stocks with bids higher than their last selling prices and 4 stocks with offers that were lower.
Main Market| The JSE Market Index lost 518.06 points to 75,931.88, the JSE All Jamaican Composite index fell 579.20 points to close at 83,613.68 and the JSE combined index gained declined by 471.73 points to close at 77,848.54
Gains| The only stock gaining in the main market is Salada Foods trading 58,800 shares and closing 70 cents higher at $8.70.
Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless ending with 95,000 shares trading at 50 cents, Carreras ending trading with 803,702 at $37 and Sterling Investments closed with 1,000 shares trading at $134.
Declines| The last traded prices of stocks that declined at the end of trading in the main market are, Berger Paints with 1,000 units, the price slipped 5 cents to $1.55. Desnoes & Geddes finished with 19,615 shares trading lower by 10 cents to $4.70, Jamaica Producers ended with 144,043 shares trading 1 cent lower at $17.50, National Commercial Bank closed with 8,003 units, the price slipped 14 cents $18.36, Proven Investments finished with 3,571 units trading, the price declined by 0.25 US cents 19.75 US cents, Sagicor Group closed with 14,560 shares trading lower by 20 cents lower to $10, Sagicor Real Estate Fund ended with 4,000 shares trading 18 cents to $7.10 and Scotia Group closed with 447,276 shares changing hands 9 cents lower to $20.01.
JSE at 7 months high with year-end rally
The JSE all Jamaica Index continues to move away from the resistance level at the yellow line as the market keeps on moving up from its 2014 low.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had 4 stocks with bids higher than their last selling prices and 2 stocks with offers that were lower.
Main Market| The JSE Market Index gained 694.35 points to 76,449.94, the JSE All Jamaican Composite index rose 776.31 points to close at 84,192.88 and is at its highest level since April 28, this year when it closed at 84,734.87 points and the JSE combined index gained 705.54 points to close at 78,320.27.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Cable & Wireless ending with 294,400 shares changing hands to close 4 cents higher, at 50 cents. Carreras completed trading with 13,964 shares changing hands to close with a 20 cents increase to $37, Grace Kennedy ended with 10,402 units and put on 1 cent to close at $62. Jamaica Money Market Brokers ended trading with 8,531 shares changing hands to close at 55 cents $7.10, Jamaica Producers ended with 12,898 shares with the price rising 1 cent to $17.51, National Commercial Bank had 1,337,635 shares changing hands to close with a gain of 49 cents to $18.50. Sagicor Group finished trading with 12,500 units changing hands to close 20 cents higher at $10.20, Sagicor Real Estate Fund concluded trading with 10,000 shares to gain 28 cents at $7.28, for a new 52 weeks’ high, Scotia Group ended with 8,300 shares changing hands to close 10 cents higher at $20.10 and its subsidiary Scotia Investments traded 20,040 shares with the price rising 40 cents to $23.40.
Firm| The stocks in the main market to close without a change in the last traded prices are, Caribbean Cement finished with 7,310 units trading at $2.40. Proven Investments ended trading with 3,320 shares at 19 US cents, Salada Foods closed with 5,000 shares trading at $8 and Supreme Ventures finished with 30,000 shares changing hands to close at $1.92.Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Desnoes & Geddes closed with 11,185 units trading as the price slipped 10 cents to $4.80, Jamaica Broilers finished with 1,501,082 shares trading and ended 4 cents lower to $4.01
Preference| There was no trading in the preference sector.
8 stocks up 8 down on JSE Monday
strong>day’s activity on the Jamaica Stock Exchange, resulted in the prices of 8 stocks rising and 8 declining as 26 securities changed hands, ending in 1,862,567 units trading, valued at $8,769,262, in all market segments.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator showed 5 stocks with bids higher than their last selling prices and only 2 stocks with offers that were lower.
Main Market| The JSE Market Index lost 52.27 points to 75,755.59, the JSE All Jamaican Composite index fell 58.45 points to close at 83,416.57 and the JSE combined index declined by 17.19 points to close at 77,614.73.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Desnoes & Geddes ended trading 555,750 shares with a gain of 19 cents to $4.90, Jamaica Money Market Brokers saw trading in 88,443 shares with the price rising 5 cents at $6.55. Sagicor Group traded 97,914 shares with the price rising 3 cents $10 Sagicor Real Estate Fund closed with 2,400 shares changing hands to close 15 cents higher at $7.
Firm| The stocks in the main market to close without a change in the last traded prices are, Grace Kennedy finishing with 2,340 shares at $61. Kingston Wharves ended with 829 shares trading at $6, Mayberry Investments ended with 6,732 shares changing hands to close at $1.50, Proven Investments closed trading with 69,580 shares at 19 US cents and Supreme Ventures completed trading with 4,200 shares at $1.92.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Cable & Wireless closing with 700,127 units trading as the price slipped 4 cents 46 cents. Caribbean Cement finished with 11,000 shares trading lower by 10 cents to $2.40, Carreras ended with 11,595 shares trading with a loss of 45 cents to $36.80, Jamaica Broilers ended trading with 5,114 shares changing hands to close 5 cents down at $4.05. National Commercial Bank closed trading with 48,986 units as the price slipped 24 cents to $18.01, Pan Jamaican Investment had 1,100 units trading with the price falling $3.50 to $56.50, Scotia Group traded 23,901 shares, the price closed 10 cents lower to $20 and Scotia Investments ended with 4,000 shares trading lower by 20 cents to $23.
Preference| Jamaica Money Market Brokers 7.50% preference share traded 900 shares at $2 and Proven Investments 8% preference share closed with 40,550 units at $5.10.
JSE main market up 7% year ago
CW&J stock gained the most in 2014 on JSE, up by 213% so far.
In contrast to the main market junior market stocks have not fared as well and closed on December 19 last year at 768.16, this year the index is at 679.54 points down by 11.5 percent.The two indices closed out 2013 at 81,850.04 and 757.86 so far the main market stocks collectively are up just 2 percent while the juniors are down 10.3 percent. The main market gains will be higher, at the end of the year, if history is anything to go by, and the junior market losses will be pared, as the recovery in demand for stocks seen since November continues for the rest of December.
There were 7 stocks that contributed to the rise in the all Jamaica main market index, the leading ones being Cable & Wireless with 213 percent increase, Kingston Properties up 67 percent, Hardware & Lumber 31 percent, Seprod 30 percent Pan Jam 13 percent and Grace 11 percent.
Kingston Properties up 88% in December
The year-end rally, continued on the Jamaica Stock Exchange on Thursday, as Kingston Properties hits a new high having gained 87.5 percent for the December. Trading in the overall market resulted in the prices of 10 stocks rising and only 3 declining as 25 securities changed hands, ending in 3,028,876 units trading, valued at $10,239,236, in all market segments.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator showed 10 stocks with bids higher than their last selling prices and only 1 stock with the offer lower a clear sign of rising prices ahead.
Main Market| The JSE Market Index gained 196.62 points to 75,757.06, the JSE All Jamaican Composite index rose 219.83 points to close at 83,418.22 and the JSE combined index climbed 261.34 points to close at 77,656.27.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Cable & Wireless with 1,710,367 shares changing hands, to close 3 cents higher, at 50 cents. Carreras ended with 3,452 shares and gained 30 cents to $36.50, Grace Kennedy closed trading with 1,700 shares changing hands with a 50 cents rise, to $61. Hardware & Lumber traded 3,000 shares with the price rising 49 cents to $8. Kingston Properties closed at a new all-time high of$7.50, with a 60 cents rise with 403,000 units trading. National Commercial Bank finished with only 100 shares changing hands to close 1 cent up to $18.51, Salada Foods concluded trading with 268,045 shares, 19 cents higher at $8 and Seprod ended trading with 8,600 shares changing hands to close with a 25 cents gain at $12.50.
Firm| The stocks in the main market to close without a change in the last traded prices are, Gleaner trading just 879 units to close at 95 cents. Jamaica Broilers ended trading with 39,136 units at $4.10, Jamaica Money Market Brokers closed with 1,640 ordinary shares and finished trading at $7, Jamaica Producers ended with 6,100 shares trading, at $17.50, Mayberry Investments ended with 12,883 shares changing hands at $1.52 and Proven Investments closed with 12,385 shares at 19 US cents.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Sagicor Group with 80,500 shares trading lost 3 cents to end at $9.97 and 92,753 Scotia Group shares changed hands 1 cent lower at $20.
Preference| Jamaica Money Market Brokers 7.50% preference share finished with 903 shares trading at $2 and Proven Investments 8% preference share finished with 150 units to close trading at $5.50.
Strong price gains ahead on JSE
Activity on the Jamaica Stock Exchange was low, resulting in the prices of 5 stocks rising and 7 declining as 18 securities changed hands, ending in 3,633,602 units trading, valued at $6,595,479, in all market segments.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator was reflecting a very strong signal, showing 13 stocks with bids higher than their last selling prices and only 1 stock with the offer lower.
Main Market| The JSE Market Index lost 552.75 points to 75,560.44, the JSE All Jamaican Composite index fell 618.05 points to close at 83,198.39 and the JSE combined index declined by 406.69 points to close at 77,394.93.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Caribbean Cement ended trading with 1,650 shares 10 cents higher to $2.50, Kingston Properties reached a new 52 weeks’ high in trading 8,300 shares to close 92 cents up at $6.90, at the close there was a bid to buy 191,700 units at $6.90 and an order to purchase 914,000 units at $6. Mayberry Investments ended trading with 187,117 units 7 cent higher to $1.52.
Firm| The stocks in the main market to close without a change in the last traded prices are, Jamaica Money Market Brokers ending trading with 3,002 ordinary shares at $7. Jamaica Producers closed trading with 5,718 shares at $17.50, Kingston Wharves finished with 65,667 units at $6 and Pan Jamaican Investment ended trading with 34,067 shares changing hands at $60.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Cable & Wireless closing with 2,927,292 units trading with the price slipping 3 cents, to 47 cents. Carreras finished with 4,936 shares trading lower by $1.05 at $36.20. Grace Kennedy ended trading with 3,098 shares changing hands to close down $2.50, at $60.50, Sagicor Group closed with 9,000 shares, 9 cents lower at $10, Salada Foods had 131,000 units trading, with the price slipping 19 cents to $7.81 and Scotia Group traded 26,480 shares and the price closed lower by 49 cents to $20.01.
Kingston Properties gains 49.5%
Monday’s activity on the Jamaica Stock Exchange, resulted in the prices of 7 stocks rising and 5 declining as 19 securities changed hands with Kingston Properties closing 49.5 percent higher to a new high of $6. The stock ended with the bid at $5.85 on Friday which would have allowed it to trade as high as 30 percent higher at $7.60 under the new circuit breaker that came into effect recently. Trading ended with activity in 1,926,843 units, valued at $29,060,020, in all market segments.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had 8 stocks with bids higher than their last selling prices and only 2 stocks with offers that were lower.
Main Market| The JSE Market Index gained 611.01 points to 75,923.15, the JSE All Jamaican Composite index rose 683.19 points to close at 83,603.94 and the JSE combined index gained 545.66 points to close at 77,608.89.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Desnoes & Geddes ending with 33,866 changing hands to end 1 cent higher at $4.71, Grace Kennedy ended trading with 90,314 shares with the price rising 2 cents to $63, Jamaica Broilers had trading in 5,500 shares with the price rising 1 cent to $4.06. Kingston Properties finished trading with 106,000 units and put on $1.98 to hit a new high of $5.98, <a href="http://icinsider.com/pan-jam-profit-up-29-for-q2/” title=”Pan Jam profit up 29% for Q2″>Pan Jamaican Investment contributed just 100 shares in rising $3.90 to $60, new 52 weeks’ high and Scotia Group ended trading with 1,060,362 units, and put on 49 cents to $20.50.
Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless ending with 453,837 shares at 50 cents. Jamaica Producers finished with 8,343 shares to close at $17.50, Mayberry Investments ended with 29,000 units at $1.45 and Proven Investments ended trading 610 ordinary shares to end at 19 US cents.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, National Commercial Bank ended with 4,742 shares trading at 10 cents lower at $18.40 and Sagicor Group lost 4 cents in closing at $9.96 with 6,000 shares changing hands.
Preference| Proven Investments 8% preference share ended with 5,600 units trading to end at $5.50.
Sharp swings in flat week on JSE
JSE main market moving away from resistance level.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had 6 stocks with bids higher than their last selling prices and 2 stocks with offers that were lower.
Main Market| The JSE Market Index gained 275.43 points to 75,312.14, the JSE All Jamaican Composite index rose 307.97 points to close at 82,920.75 and the JSE combined index gained 266.89 points to close at 77,063.23.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Cable & Wireless saw trading in 100,000 units and put on 4 cents 50 cents, Desnoes & Geddes finished trading with 164,808 shares rising 5 cents to $4.70, Grace Kennedy closed with 188,553 shares as the price ended 49 cents higher at $61. Jamaica Producers finished trading with 328,071 shares as the price jumped 50 cents to $17.50. National Commercial Bank contributed 82,248 units and put on 10 cents to $18.50, Sagicor Group completed trading with 84,550 shares with the price rising 4 cents to $10, Scotia Group ended trading with 28,990 shares changing hands to close 1 cent at $20.01 and Seprod ended trading with 48,727 shares to end with an increase of 24 cents to $12.25.
Firm| The stock in the main market to close without a change in the last traded price is, Kingston Wharves which ended trading with 34,333 shares changing hands to close at $6.Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Carreras closing with 213,281 units trading as the price slipped 5 cents to $36.15 and Mayberry Investments finished with 4,540 shares trading lower by 4 cents $1.45.
Preference| There was no activity in preference shares.
