The Jamaica stock market lost ground at the close of the week, with 36 securities trading and the prices of 10 stocks in the overall market rising, 17 declined, including 2 stocks rising and 7 declining, from the junior market. Stocks traded, amount to 5,971,908 units valued at $103,125,401, in all market segments with the junior market accounting for to 1,686,917 shares valued at $7,442,746 of all trades.
The JSE Market Index lost 391.79 points to end at 159,457.63. The all Jamaica Composite Index declined 438.17 points to close at 177,163.66 and the JSE combined index slipped 364.48 points, to end at 170,643.26.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 8 stocks with bids higher than their last selling prices and 4 with lower offers.
At the end of market activities, Barita Investments lost 3 cents to close with 10,000 shares changing hands at $3.05, Berger Paints gained 30 cents to land at $4.35 while 3,799 units were traded, Cable & Wireless, had 749,037 units traded to close at $1.20, Caribbean Cement slipped 39 cents to close at $21.61 after trading 251,750 units. Carreras closed with a loss of 55 cents at $63.50 with 101,010 shares traded, Ciboney Group gained 5 cents to close at 25 cents with 531,720 shares trading, Grace Kennedy lost 3 cents to close at $124.97 with 386,164 units changing hands. Jamaica Broilers ended with a loss of 27 cents with 425,810 units changing hands to close at $14.23, The Jamaica Stock Exchange traded 108,510 share with increased investors’ interest in the stock following reports that the company could be considering a stock split, the stock gained 5 cents to close at $20.80, with the bid closing at $21. JMMB Group traded 257,114 units to close at $9.80. National Commercial Bank ended with 73,282 units changing hands at $42, Pan Jamaican Investment Trust closed with 6,602 shares trading at $26. Sagicor Group ended with 657,784 shares changing hands at $23, Sagicor Real Estate Fund traded 2,400 shares to close with a loss of 2 cents at $10.12. Scotia Group had 12,910 shares changing hands but lost 89 cents to close at $30.61, Scotia Investments ended with 14,500 shares trading, gaining of 45 cents, to close at $26.45, Seprod traded 55,679 shares, but fell 5 cents, to $16.50. Supreme Ventures ended trading with 11,400 units at $4.40 with a loss of 10 cents and Proven Investments 8% preference share traded 600,000 units at $5, after adding 20 cents.
JSE drops again on Wednesday
Scotia Group dominated trading in the main market with 2,314,908 shares changing hands with the price gaining $1.05 to close at $31.80, while Grace Kennedy closed at a new 52 weeks’ high of $125.05 as investors bought 8,410 units at 5 cents more than the closing price on Tuesday.
Stocks traded, amount to 9,425,498 units valued at $122,022,748, in all market segments with the junior market accounting for to 4,960,144 shares valued at $25,785,964 of all trades.
The JSE Market Index fell 682.71 points to end at 158,912.91. The all Jamaica Composite Index dropped 763.53 points to close at 176,554.45 and the JSE combined index declined 737.78 points, to end at 170,411.56.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 13 stocks with bids higher than their last selling prices and 2 with lower offers.
At the end of market activities, Berger Paints dropped 45 cents to close with 95,404 shares changing hands at $4.05, Cable & Wireless, lost 15 cents with 372,926 units traded to close at $1.15, Caribbean Cement dropped $2.90 to close at $19.10 after trading 7,375 units. The price of 1834 Investments fell 5 cents in trading 73,414 units at $1, Jamaica Broilers dropped 25 cents with 545,162 units changing hands, to close at $14.50. Jamaica Producers traded 25,435 shares at $49, Jamaica Stock Exchange traded 31,150 shares unchanged at $19, JMMB Group traded 230,000 units to close at $9.80. Mayberry Investments had 12,239 units trading with a gain of 33 cents at $3.85, National Commercial Bank ended with 28,370 units changing hands at $42.10, for a rise of 30 cents, Pan Jamaican Investment Trust closed with 209,603 shares trading, as the price fell $1.40 cents to $26. Radio Jamaica had 140,504 shares trading at $1.50, Sagicor Group ended with 27,339 shares changing hands at $23, Sagicor Real Estate Fund traded 10,422 shares and rose 2 cents to close at $10.14. Salad Foods traded 90,000 shares at $8, Scotia Investments traded 12,000 shares but rose 50 cents to close at $26, Supreme Ventures ended trading with 133,313 units at $4.50, after falling 25 cents and Proven Investments ordinary share traded 40,871 units at 18 US cents.
Scotia’s big trade – Wednesday
Interest picked up in early Wednesday morning trading on the Jamaica Stock Exchange with as Scotia Group dominated the early trades with 2,291,393 shares at $30.50.
Cable & Wireless had 110,909 units trading at $1.20, Jamaica Broilers Group traded 510,879 units at $14.50, JMMB Group had 229,042 ordinary shares trading at $9.80 and AMG Packaging had 124,000 shares changing hands at $13. Salada Foods traded 90,000 shares at $8 and Berger Paints traded 65,938 at $4.38.
The main market recorded gains in the main indices while the junior index incurred a small loss so far.
Trading resulted in activity in 32 securities, accounting for a volume of 3,691,417 shares compared to 965,106 units on Tuesday as 6 stocks gained and 9 declined. The average number of shares traded amounts to 115,357 units compared to an average of 41,961 units on Tuesday.
After 75 minutes of trading in the early morning session, on Wednesday, the all Jamaica Composite Index climbed 290.60 points to 177,608.58, the Jamaica Stock Exchange Market Index gained 259.84 points to 159,855.46, the Jamaica Stock Exchange combined index rose 235.26 to close at 171,384.60 points and the junior market index slipped 0.54 points to 2,251.76.
JSE drops sharply on Tuesday
National Commercial Bank closed with 1,327,563 shares changing hands, the price fell by 20 cents to close at $41.80, Grace Kennedy chipped in with 253,791 units, with the price jumping $9, to close back at $125 and Jamaica Producers traded at a new 52 weeks’ high of $49, after rising by $1 with 17,253 shares changing hands.
Stocks traded amount to 3,512,857 units valued at $109,817,045, in all market segments with the junior market accounting for to 1,016,398 units valued at $4,845,689 of all trades.
The JSE Market Index dived 1,245.08 points to end at 159,595.62. The all Jamaica Composite Index dropped 1,392.49 points to close at 177,317.98 and the JSE combined index declined 1,133.47 points, to end at 171,149.34.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 8 stocks with bids higher than their last selling prices and 3 with lower offers.
At the end of market activities, Berger Paints closed with 13,940 shares changing hands at $4.50, Cable & Wireless, lost 5 cent with 44,750 units traded to close at $1.30, Caribbean Cement gained 80 cents to close at $22 after trading 54,300 units, Carreras fell 1 cent in trading 2,400 shares and closed at $62.80. The price of 1834 Investments fell 11 cents in trading 11,900 units at $1.05, Jamaica Broilers gained 25 cents with 11,243 units changing hands, to close at $14.75. JMMB Group traded 12,445 units to close at $9.80. Pan Jamaican Investment Trust closed with just 189 shares trading, as the price rose by 40 cents to $27.40, Radio Jamaica had 80,100 shares trading but fell 24 cents to $1.50, Sagicor Group ended with 287,712 shares changing hands after declining 1 cent to $23, Sagicor Real Estate Fund traded 38,550 shares and lost 3 cents to close at $10.12. Scotia Group rose 64 cents with 207,786 units trading to close at $30.75, Scotia Investments traded 12,600 shares but fell 50 cents to close at $25.50, Supreme Ventures ended trading with 36,902 units at $4.75, Proven Investments ordinary share traded 47,680 units at 18 US cents after slipping by 1.47 US cents and JMMB 7.5% preference share traded 29,000 units at $1.04 for a 1 cent rise.
JSE jumps higher on Monday
Stocks traded amount to 9,084,743 units valued at $145,603,514, in all market segments with the junior market accounting for 775,816 shares, valued at $4,015,547 of all trades.
The market closed with prices of 10 stocks in the overall market rising, 12 declining, including 3 stocks rising and 2 declining, from the junior market.
The JSE Market Index gained 1,108.10 points to end at 160,840.70. The all Jamaica Composite Index rose 1,239.29 points to close at 178,710.47 and the JSE combined index climbed 978.39 points, to end at 172,282.81.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 11 stocks with bids higher than their last selling prices and 6 with lower offers.
At the end of market activities, demand for Caribbean Cement has melted away as the price of oil on the world market heats up, with the stock price falling 80 cents to close at $21.20 after trading just 2,965 units. Bids for Cement are few with only 13,000 units being bought down to $19. Carreras added 1 cent in trading 33,000 shares and closed at $62.81. The price of 1834 Investments fell 4 cents in trading 77,834 units at $1.16, Jamaica Broilers traded 12,880 units changing hands to close at $14.50, Jamaica Producers traded 10,266 shares at $48, Jamaica Stock Exchange lost $1.02 in trading 2,000 shares to close at $19, JMMB Group declined by 20 cents in trading 109,800 units to close at $9.80. National Commercial Bank closed with 304,003 shares changing hands at $42, Radio Jamaica had 78,200 shares trading but fell 11 cents to $1.74, Sagicor Group ended with 265,658 shares changing hands after rising 11 cents to $23.01, Sagicor Real Estate Fund traded 38,950 shares and gained 5 cents to close at $10.15. Scotia Group with 274,855 units to close at $30.11, Scotia Investments traded 27,072 shares and gained $1 to close at $26 and Supreme Ventures lost just 1 cent in trading 164,840 units at $4.75.
JSE stocks close higher – Wednesday
The JSE Market Index gained 770.88 points to end at 159,719.08. The all Jamaica Composite Index climbed 862.14 points to close at 177,456.06 and the JSE combined index rose 622.59 points, to end at 171,033.62.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 10 stocks with bids higher than their last selling prices and 5 with lower offers.
At the end of market activities, Cable & Wireless lost 1 cent to close at $1.26 after trading 55,726 units, Caribbean Cement traded 50,925 shares and closed at $21. Carreras had 10,471 units trading, to close with a rise of 25 cents at $62.80. Trading place in 52,000 shares of 1834 Investments but the price slipped 2 cents to $1.20. Jamaica Broilers traded 44,400 units changing hands with a decline of 30 cents to close at $14.50. Jamaica Producers traded 3,569 shares and gained $1.50 to end at a 52 weeks’ closing high of $48, Jamaica Stock Exchange had 16,693 units changing hands but gained 2 cents to end at $20.02, JMMB Group rose 2 cents in trading 3,000 units to close at $9.82. National Commercial Bank traded 51,295 shares at $41.12 after shedding 40 cents, Pan Jamaican Investment Trust traded 43,090 shares to end at $27. Radio Jamaica closed trading with 3,000 shares with the price rising 23 cents to end at $1.75, Sagicor Group ended with 169,846 shares changing hands after gaining 30 cents to $23, Scotia Group dropped 59 cents to close at $31.41 with 98,123 units changing hands. Scotia Investments traded 133,125 shares to close at $26.10, Seprod traded 4,400 shares unchanged at $17, Sterling Investments traded 6,000 shares with a gain of $1.49 to close at $12.99 and JMMB Group 7.50% preference share ended with 331,396 units traded at $2.10.