Grace climbs following Q1 profit – Friday
Trading on the Jamaica Stock Exchange in the main market on Friday was saw low volumes changing hands, but the market closed with less active selling than before the reading of the budget, on Thursday by the Minister of Finance.
The market closed with 35 securities changed hands, accounting for 7,118,990 units valued at $65,679,792, in all market segments. The junior market had only 193,019 shares traded, valued at $1,341,812. Investors pushed the price of 12 stocks in the overall market up, 8 were pushed down, including 3 stocks rising and 6 declining, from the junior market.
The JSE Market Index declined 19.98 points to end at 151,766.65. The all Jamaica Composite Index fell 22.35 points to close at 168,562.31 and the JSE combined index rose 64.63 points, to close at 163,186.81.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 9 stocks with bids higher than their last selling prices and 2 with lower offers.
At the end of market activities, Berger Paints traded 13,000 shares to close at $4.25, Cable & Wireless closed at $1.49 after trading 483,787 units, Caribbean Cement traded 28,865 shares to close at $25. Carreras traded 96,066 shares and rose by $1 to $64, this after the Finance Minister announced increased taxes on, in his budget presentation. Jamaica Broilers ended at $14.50 while trading 7,734 shares with a loss of 5 cents. Kingston Wharves climbed 15 cents in trading 252,745 shares to close at $11.80. Mayberry Investments fell 21 cents with 50,000 shares trading to close at $3.99, National Commercial Bank traded 17,700 shares, to close at $39.75. Pan Jamaican Investment closed trading at $120 with 311,591 shares changing hands, in response to the company’s announced a 5 for 1 stock split. There are only two offers on the board at the end of trading to sell between $130 and $150. Radio Jamaica traded 330,850 shares at $1.10, Sagicor Group ended with 236,769 shares changing hands and rose 50 cents to end at $23, Scotia Group closed at $30.01 while 155,668 units changed hands after falling 99 cents, Supreme Ventures closed at $5.47 with 6,641 shares changing hands after rising 21 cents. Proven Investments traded 9,200 shares at 17.50 US cents, JMMB 6% US dollar preference share gained 4 cents to end at US$1.09 while 21,200 units changed hands and JMMB 7.5% preference share ended with 4,878,670 units trading at $1.05.
JSE reverses large early losses – Wednesday
Volumes traded were moderate in trading on the Jamaica Stock Exchange in the main market on Wednesday, but the indices that slipped close to 1,000 points in the first hour of trading recovered to suffer a mild declined at the end.
The market closed with 39 securities changed hands, accounting for 3,600,852 units valued at $56,805,624, in all market segments. The junior market accounted for 952,289 units of the shares traded, valued at $5,433,865. Investors pushed the price of 16 stocks in the overall market up, 12 were pushed down including 9 stocks rising and 5 declining, from the junior market.
The JSE Market Index fell 152.90 points to end at 151,348.17. The all Jamaica Composite Index slipped 171.01 points to close at 168,094.29 and the JSE combined index declined 61.78 points, to close at 162,711.68.
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 5 with lower offers.
At the end of market activities, Berger Paints traded 40,000 shares to rise 11 cents and closed at $4.25, Cable & Wireless gained 1 cent and closed at $1.40 after trading 495,304 units, Caribbean Cement traded 77,185 shares as the price dropped $1.99 to close at $26, Carreras traded 373,051 shares but fell by 50 cents, to $63.50. Grace Kennedy gained $1 and closed at $85 with 108,960 shares changing hands, Jamaica Broilers ended at $14.50 while trading 167,381 shares, JMMB Group fell 15 cents in trading 1,081,028 shares to close at $9.85, Mayberry Investments fell 5 cents in trading 16,093 shares at $4.20, National Commercial Bank gained 5 cents while trading 3,740 shares, to close at $39.85. Pan Jamaican Investment did not trade but the bid moved up to $99, a dollar above the last selling price, after the company announced a 5 for 1 stock split, Radio Jamaica traded 154,400 shares to end at $1.10. Sagicor Group ended with 22,092 shares changing hands and lost 10 cents to end at $22.90, Sagicor Real Estate Fund traded 1,500 shares to close at $10 after declining by 10 cents, Salada Foods traded 6,000 shares to end at $8.80 after trading at an intraday low of $7.50. Scotia Group closed at $31 while 6,144 units changed hands, Scotia Investments jumped $1.44 and ended trading 37,876 shares to close at $27.44, Seprod fell $1 to close at $17 with 1,500 units changing hands and Supreme Ventures closed at $5.49 with 27,617 shares changing hands.
JSE reverses most of early losses – Tuesday
The market closed with 37 securities changed hands, accounting for 5,791,740 units valued at $159,776,122, in all market segments. The junior market accounted for 1,364,688 units of the shares traded, valued at $9,672,342. Investors pushed the price of 18 stocks in the overall market up, 7 were pushed down including 7 stocks rising and 3 declining, from the junior market.
The JSE Market Index fell 42.46 points to end at 151,501.07. The all Jamaica Composite Index slipped 47.48 points to close at 168,265.30 and the JSE combined index rose 75.85 points, to close at 162,773.46.
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 5 with lower offers.
At the end of market activities, Berger Paints traded 99,158 shares to rise 14 cents and closed at $4.14, Cable & Wireless closed at $1.39 after trading 154,987 units, Caribbean Cement traded 154,987 shares as the price jumped $1.99 to close at $27.99, Ciboney traded 418,270 shares at 13 cents after gaining 1 cent. Grace Kennedy closed at $84 with 945,030 shares changing hands, Jamaica Broilers lost 5 cents to end at $14.50 while trading 428,112 shares, JMMB Group rose 50 cents in trading 20,044 shares to close at $10, Kingston Wharves traded 95,600 shares, to close at $11.65. Margaritaville Turks fell 0.50 US cent in trading 402,850 shares at 16.50 US cents, National Commercial Bank gained 3 cents while trading 990,580 shares to close at $39.80, Pan Jamaican Investment jumped $1 with 12,640 shares trading at $98, Radio Jamaica traded 15,327 shares to end at $1.10. Sagicor Group ended with 41,056 shares changing hands with a gain of 31 cents to end at $22.30, Sagicor Real Estate Fund traded 131,542 shares to close at $10.10 after rising 10 cents, Scotia Group rose 50 cents to close at $31 while 8,841 units changed hands. Scotia Investments ended trading 19,695 shares to close at $26, Seprod Fell $1 to close at $16 with 13,284 units changing hands, Supreme Ventures gained 22 cents and closed at $5.49 with 6,693 shares changing hands, Proven Investments ordinary share traded 431,660 units at 17.05 US cents, down from 19 US cents.
JSE majors down juniors up
Trading in the early morning session on the Jamaica Stock Exchange, on Tuesday saw the main market being active with stocks trading for 16 minutes before trading took place in the junior market. Trading resulted in the main market indices dropping and the junior market enjoying a moderate bounce.
Three stocks traded more than 100,000 units with Jamaica Broilers with 428,004 shares, Cable & Wireless Jamaica 118,112 units, Ciboney traded 418,270 units at 13 cents, Margaritaville Turks with 301,350 units, Proven Investments had 299,182 units changing hands but the price slipped to 17.05 US cents.
After 75 minutes of trading, on Tuesday, the average volume traded amounts to 70,975 units per active stock, compared to an average of 22,162 units in the mid-morning session on Monday.
Trading resulted in activity in 25 securities, accounting for 1,774,364 shares changing hands as 9 stocks gained and 6 declined.
The market saw the all Jamaica Composite Index dropped 986.08 points to 167,326.70, the JSE Market Index fell 881.71 points to 150,661.82, the JSE combined index ended with a fall of 676.76 points to 162,020.85 and the junior market index bounced 13.76 points to 2,170.67.
1,700 points drop erased- Friday
The Jamaica Stock Exchange racked up big index losses in the early morning session on Friday, with all Jamaica Composite Index dropping 1,680.04 points but closed in a positive territory at the end. A total of 35 securities changed hands, accounting for 3,857,762 units valued at $55,590,365, in all market segments.
The junior market accounted for 1,443,534 units of the shares traded, valued at $5,505,458.
At the close of trading, 11 stocks in the overall market gained, 10 declined including 3 of the stocks rising and 4 declining, from the junior market.
The JSE Market Index gained 77.70 points to end at 153,433.79. The all Jamaica Composite Index rose 86.90 points to close at 170,426.79 and the JSE combined index climbed 9.38 points, to close at 164,347.30.
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 8 with lower offers.
At the end of market activities, Berger Paints traded 42,400 shares to close at $4, Cable & Wireless closed at $1.39 after rising 3 cents while trading 70,450 units, Caribbean Cement traded 3,459 shares as the price fell 1 cent to close at $26.49, Carreras shed 50 cents while trading 10,995 shares, to close at $63.50. Grace Kennedy ended at $83.50 with 11,270 shares changing hands, Jamaica Broilers had 12,370 units changing hands, to close at $14.55. Jamaica Producers dropped $1 with 10,000 units changing hands at $33.50, JMMB Group lost 50 cents in trading 8,774 shares to close at $10,, Kingston Wharves traded 500,000 shares and fell $1.50, to close at $11.50, Mayberry Investments traded 31,380 shares and gained of 5 cents, to close at $4.10. National Commercial Bank fell 25 cents while trading 81,123 shares to close at $40 Pan Jamaican Investment jumped $5.50 with 117,925 shares trading at $94, Radio Jamaica traded 16,000 shares and gained 4 cents to end at $1.19, Sagicor Group ended with 28,010 shares changing hands at $23, Sagicor Real Estate Fund traded 139,565 shares to close at $10 after falling 15 cents. Scotia Group climbed by 99 cents to close at $32.99 while 756,529 units changed hands, Scotia Investments ended trading 11,920 shares but fell 80 cents to $25.20, Supreme Ventures closed at $5.35 with 13,812 shares changing hands and JMMB Group 7.5% preference share traded 529,237 units at $1.05 for a rise of 1 cent.
Low volumes continue on JSE – Thursday
Trading on the Jamaica Stock Exchange on Thursday ended with very low volumes in the main market as just 2.27 million shares, including 1.48 million from the preference sector traded, well below the junior market. A total of 36 securities changed hands, accounting for 5,704,171 units valued at a mere $29,931,176, in all market segments.
The junior market accounted for 3,434,205 shares valued at $13,133,950. At the close of trading 17 stocks in the overall market gained, 13 declined including 6 of the stocks rising and 4 declining, from the junior market. Two stocks ended at 52 weeks’ closing highs including one in the junior market.
The JSE Market Index dropped 495.26 points to end at 153,356.09. The all Jamaica Composite Index pulled back 553.88 points to close at 170,339.89 and the JSE combined index climbed down 628.43 points, to close at 164,337.92.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 9 stocks with bids higher than their last selling prices and 4 with lower offers.
At the end of market activities, Cable & Wireless closed at $1.36 after losing 3 cents while trading 42,179 units, Caribbean Cement traded 4,120 shares but the price gained 50 cents to close at $26.50, Carreras recovered 50 cents while trading 18,220 shares, to close at $64. Ciboney traded 108,000 shares but fell 2 cents to end at 12 cents, Grace Kennedy gained 50 cents to end at $83.50 with 6,038 shares changing hands, Jamaica Broilers had 54,653 units changing hands, to close at $14.55, after rising by 5 cents. Jamaica Producers jumped $1.25 with just 250 units changing hands at $34.50, JMMB Group rose by 50 cents in trading 3,627 shares to close at $10.50, Kingston Wharves traded just 200 shares and gained 70 cents to close at a 52 weeks’ high of $13, National Commercial Bank fell 65 cents while trading 22,416 shares to close at $40.25. Radio Jamaica traded 39,500 shares but fell 4 cents to $1.15, Sagicor Group climbed by $1 to end with 323,077 shares changing hands at $23, Sagicor Real Estate Fund traded 18,156 shares to close at $10.15 after falling 10 cents, Scotia Group declined by $1 to close at $32 while 43,830 units changed hands. Supreme Ventures fell 30 cents and closed at $5.35 with 80,300 shares changing hands, Proven Investments traded 24,067 share at 20 US cents and JMMB 7.5% preference shares traded 1,476,960 units at $2.14 for the loss of 1 cent.
Rising stocks dominate on JSE – Tuesday
At the close of trading there were 2 new 52 weeks’ closing highs in the junior market.
The JSE Market Index fell 122.57 points to end at 153,377.94. The all Jamaica Composite Index declined by 137.09 points to close at 170,364.32 and the JSE combined index eased 121.52 points, to close at 164,416.20.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 14 stocks with bids higher than their last selling prices and 5 with lower offers.
At the end of market activities, Berger Paints traded 218,684 shares to close at $4, Cable & Wireless gained 4 cents and closed at $1.39 in trading 505,450 units, Caribbean Cement traded 14,180 shares but the price fell by 1 cent to close at $26.49, Carreras recovered 50 cents while trading 12,521 shares, to close at $63. Ciboney traded 615,712 and gained 2 cents to 15 cents, Rebranded Gleaner Company, 1834 Investments, fell 13 cent to close at $1.02 in trading only 8,500 shares, Jamaica Broilers gained 35 cents with 19,395 units changing hands, to close at $14.50. Jamaica Stock Exchange traded 20,000 shares but lost 45 cents to end at $20.55, JMMB Group rose 70 cents in trading 4,116 shares to close at $10.20, Kingston Properties traded 12,084 shares to close at $6.50, Mayberry Investments jumped 85 cents as it traded 73,642 shares to close at $4.25. National Commercial Bank gained 50 cents while 20,091 shares traded, to close at $41, Pan Jamaican closed with a gain of 50 cents at $88.50 with 2,000 shares changing hands. Pulse Investments rose 51 cents to close at $3.01 as 3,987 units changed hands, Radio Jamaica traded 25,100 shares and lost 1 cent to close at $1.19, Sagicor Group fell 40 cents to end with 100,330 shares changing hands at $22, Scotia Group jumped $2.70 to close at $33.20 while only 1,035 units changed hands. Scotia Investments closed with 8,374 shares trading with a gain of 50 cents to $26, Seprod ended with 19,777 units trading with a loss of $1.30 at $15.60, Supreme Ventures climbed 50 cents and closed at $5.50 with 2,086 shares changing hands and Proven Investments traded 55,988 share at 20 US cents.