The JSE up strongly on Friday morning

The Jamaica stock market for the second consecutive morning, is enjoying slow trading with only 15 securities being active at 10.45 ,but the indices have so far climbed quite a bit with all main market indices up by more than 1,000 points. Jamaica Broilers trades at new 52 weeks’ high of $8. Trading accounted for a volume of 1,206,561 units with 6 stocks gaining and 5 declined.
In trading, Carreras exchanged 109,500 shares at $51.99 to gain 19 cents, Jamaica Stock Exchange had 10,000 shares trading at $8.60 for a rise of 65 cents as the company stands to see increased income if trading continues to be bullish. JSE int 16-10-15JMMB Group exchanged 35,096 shares at $8.55 for a small gain, Scotia Investments had 420,000 units changing hands at $27.50, Caribbean Producers traded at $3 with 65,000 shares. Lasco Distributors 109500 shares traded at $2.79, Lasco Financial Services 105,000 shares traded at $2.25, Lasco Manufacturing 198,172 shares traded at $3.50.
The All Jamaican Composite index jumped 1,124.16 points to 132,131.96 JSE Market Index rose 1,005.91 points to 123,570.27, the JSE combined index rose 1,281.46 points to be at 123,840.64 and the junior market index rose 37.15 points to 1,269.32.

JSE closing in on the 2005 record high

Carib Cement  closed at a new 52 weeks' high of $12

Carib Cement closed at a new 52 weeks’ high of $12

With the Jamaica stock exchange closing on Thursday with a gain of 3,738.93 points on the JSE All Jamaican Composite index to end at 131,007.80 it will only be a matter of days rather than months that the old record 138,917.59 reached on 24th of January 2005, is broken.
The big gains today, owe much to Desnoes and Geddes (D&G) share shooting up 18.5 percent or $3.87 to end at a record $29.67 with 561,514 units trading. D&G closed with just two offers at $30 for 712 units and at $32 for 149 units, the bid is at $28.51 for what appears to be undisclosed amounts. A total of 15 stocks rose, with 6 declining as 29 securities, totaling 3,400,791 units valued at $29,712,197 changing hands, in all market segments. JSE Sum 15-10-15r A total of 5 stocks ending at new 52 weeks’ closing highs. The JSE Market Index shot up by 3,345.63 points to 118,160.94, and the JSE combined index jumped 3,403.29 points to end at 122,564.36.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 13 stocks with bids higher than their last selling prices and 4 with offers that were lower.
In trading, Berger Paints traded 10,000 shares at $2.75 and gained 25 cents, Cable and Wireless closed with a loss of 1 cent as 110,000 shares changed hands to close at 59 cents, Caribbean Cement closed at a new 52 weeks’ high of $12 with 19,451 shares changing hands, as the price gained $2. JSE fn qts 15-10-15Carreras traded 7,670 shares at $51.80 to gain 80 cents, Jamaica Broilers 169,227 shares to close at a new 52 weeks’ high of $7.15 with a gain of 16 cents, the price was up to $7.50 during the trading for a new intraday high.JMMB Group traded 58,858 shares at $8.50, Kingston Wharves lost 25 cents with 12,142 shares changing hands at $8.95. National Commercial Bank closed with a gain of $1.70 with 21,282 shares trading to close at $32.49, Sagicor Group with 5,650 shares closed 84 cents higher at $14 for a 52 weeks’ closing high, Scotia Group ended with 132,265 shares trading at $24.45 after gaining 60 cents and Sterling Investments ended at $13 with 15,000 shares traded.

JSE records huge gain on Wednesday

D&G gained $10.77 to push JSE index with all-time record gain

D&G gained $10.77 to push JSE index with all-time record gain

The Jamaica stock exchange closed trading on Wednesday with a record gain of 9,714.07 points on the JSE All Jamaican Composite index to 127,268.87 as Desnoes and Geddes share shot up by $10.77, to end at a record $25.80 with 61,276 unitss trading. The previous one day record increase, was on Friday October 9, with a 7,697.11 point gain.
The stock exchange main market is now 11,648.72 points or 8 percent away from the record close of 138,917.59 reached on 24th of January 2005. A total of 23 stocks rose, with 3 declining as 36 securities, totalling 11,897,638 units valued at $70,427,255 changing hands, in all market segments. 1 junior market and 2 main market stocks ending at new 52 weeks’ closing highs, 1 trading at a 52 weeks’ intraday high and one closed at an all-time low. The JSE Market Index shot up by 8,692.24 points to 114,815.31, and the JSE combined index jumped 7,728.74 points to end at 119,161.07.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 11 stocks with bids higher than their last selling prices and 4 with offers that were lower.
JSE Sum 14-10-15r
In trading, Berger Paints traded 899,350 shares at $2.50 and gained 20 cents Cable and Wireless closed with an 8 cents increase with 210,000 shares changing hands to close at 60 cents, Caribbean Cement closed at to $10 with 14,620 shares changing hands, but traded at an intraday 52 weeks’ high of $10.99. Carreras traded 67,666 shares at $51 to gain 40 cents. Desnoes and Geddes stock closed with bids of $25.80 to buy 270,074 shares with an offer only 350 units at $28 with very small volumes above. Grace Kennedy traded with a gain of 1 cent, to close at $64.51 with 118,864 shares, Jamaica Broilers 618,120 shares to close at $6.99, JMMB Group traded 104,600 shares at $8.50 at the close with a gain of 44 cents, Kingston Wharves traded at a new high of $9.20 to add $1.55 with 1,850 shares changing hands. National Commercial Bank closed with a gain of 68 cents with 50,000 shares trading to close at $30.79, the shares of 138 Students Living added 25 cents in closing at $4.40 with 210,000 shares, JSE fn qts 14-10-15Pan Jamaican Investments traded 20,500 shares at the end at $63 with a gain of $1.44. Sagicor Group with 368,858 shares closed 1 cents higher at $13.16, Sagicor Real Estate Fund with 46,000 shares closed 50 cents down to $7.50. Scotia Group ended with 119,753 shares trading at $23.85 after gaining 33 cents, Scotia Investments gained $1.50 and ended at $27.50 with 111,000 shares traded, Seprod traded 4,888 shares at $14.95 for 5 cents loss, Supreme Ventures gained 6 cents and ended at $3.71, with 76,000 units. Proven Investments traded 19,000 ordinary shares at 22 US cents after adding a cent and Jamaica Public Service 9.5% preference share traded 4,932 units at $1125 each.

The JSE enjoys record gain on Wednesday

The main market of the Jamaica Stock Exchange recorded its highest gain ever with a huge jump of 9,440.63 points on All Jamaican Composite index to hit 126,995.43 as Desnoes & Geddes traded 59,126 shares at $25 for an increase of $9.97 to be the main contributor to the gains. JSE int 14-10-15Trading in the overall market has been strong with 28 securities being active at 11 am, with a volume of 10,402,800 units as 17 stocks gained and 2 declined.
In Trading, Berger Paints traded 899,350 shares at $2.50, Caribbean Producers exchanged 1,649,403 up to $2.80, General Accident traded 2,000,000 units at $1.75, Jamaica Broilers exchange 601,851 shares at $7 and Lasco Distributors had 3,043,460 units trading at $2.80.
The JSE Market Index rose 8,447.57 points to 114,570.64, the JSE combined index rose 7,451.90 points to be at 118,884.23 and the junior market index fell 58.68 points to 1,199.65.

15 up 7 down on Tuesday

JSE sign shrtpng At the close of trading on the Jamaica stock exchange, there were 15 stocks rising, 7 declining, with 32 securities totalling 7,269,713 units, valued at $48,282,077 changing hands, in all market segments. 1 junior market stock and 1 main market stock ended at new 52 weeks’ closing highs, 1 stock traded at intraday 52 weeks’ low and one at a 52 weeks’ intraday high.
The JSE Market Index lost 530.18 points to 106,123.07, the JSE All Jamaican Composite index fell 592.50 points to 117,554.80 and the JSE combined index declined 247.57 points to end at 111,432.33.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 18 stocks with bids higher than their last selling prices and 4 with offers that were lower and setting up Wednesday for an interesting day of trading.
JSE Sum 13-10-15rIn trading, Cable and Wireless closed with a decline of 8 cents, with 2,196,541 shares changing hands to close at 52 cents, but the price traded up to 60 cents during the day. Caribbean Cement shot up to $10 with 35,038 shares changing hands for a 10 cents increase, Carreras traded 54,715 shares at $50.60. Desnoes and Geddes did not trade but the stock closed with several bids at $19.87 to buy 1,823,929 shares with an offer of 59,126 units at $25, then at $28 with very small volumes. Jamaica Broilers closed at $6.92 with 134,660 shares changing ownership, for a loss of 18 cents, Jamaica Producers gained 10 cents in trading 59,820 shares at $18.60, JMMB Group traded 50,000 shares to close at $8.06 with a loss of $1.44, Kingston Wharves traded at a new high of $7.65 to add 65 cents with 1,238 shares changing hands. National Commercial Bank closed with a small gain with 50,000 shares trading to close at $30.11, the shares of 138 Students Living lost 5 cents in closing at $4.15 with 1,200,000 shares, JSE fn qts 13-10-15the stock traded at an intraday low of $3.90, Pan Jamaican Investments traded 147,199 shares at $61.56 with a gain of 56 cents. Sagicor Group with 586,567 shares closed 14 cents higher at $13.15, Scotia Group ended with 286,773 shares trading at $3.52 after losing 48 cents, Scotia Investments lost 5 cents in ending at $26 while 32,475 shares traded, Seprod traded 19,000 shares at $15 for a gain of $1. Proven Investments traded 143,731 ordinary shares at 21 US cents, Jamaica Money Market Brokers 7.50% preference share traded 105,000 units at $2 and Jamaica Money Market Brokers 8.75% preference share traded 27,000 units at $2.65 for a gain of 8 cents.

JSE price changes fluid on Monday

NCB closed down sharply on Monday

NCB closed down sharply on Monday

The JSE Combined index climbed 594.88 points at the close of trading of the Jamaica Stock Exchange on Monday. At the close, there were 17 stocks rising, 12 declining, with 32 securities totalling 4,386,449 units, valued at $14,525,590 changing hands, in all market segments.
Two junior market and 3 main market stocks ended at new 52 weeks’ closing high and 1 junior stock trading at 52 weeks’ intraday high. The main market indices enjoyed another day of decent gains. The JSE Market Index fell 6.27 points to 106,653.25, the JSE All Jamaican Composite index rose 7 points to 118,147.30 and the JSE combined index jumped 594.88 to end at 111,679.90 points.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 13 JSE Sum 12-10-15stocks with bids higher than their last selling prices and 5 with offers that were lower.
In trading, Cable and Wireless added 2 cents, with 792,712 shares changing hands to close at 60 cents, Caribbean Cement shot up to $9.90 with 66,761 shares changing hands for a 90 cents increase, Desnoes and Geddes jumped $1.96 to trade at $15.03 with 19,100 shares trading at a new 52 weeks high. Desnoes and Geddes closed with a bid to buy 10,000 units at $17.28, at $2.25 above the last traded price. Grace Kennedy ended with 1,000 shares trading at $64.50, with a gain of 50 cents. Jamaica Broilers closed at $7.10 with 283,284 shares changing ownership, for a gain of 60 cents, Jamaica Producers lost 15 cents in trading 77,628 shares at $18.50, Jamaica Stock Exchange gained 30 cents in closing at $7.50 with 143,900 shares changing hands.JSE fn qts 12-10-15 Mayberry Investments traded 15,006 shares at $2.60 at the close with a gain of 25 cents, National Commercial Bank closed with a loss of $2.94 with only 4,025 shares trading to close at $30.05. 138 Students Living lost 20 cents in closing at $4.20 with 15,000 shares, Pan Jamaican Investments traded 8,000 shares at $61 with a loss of 99 cents. Radio Jamaica traded 3,056 shares to close at $4, for an 18 cents decline, Sagicor Group with 20,500 shares closed 9 cents lower at $13.01, Scotia Group ended with 13,099 shares trading at $24 after losing $1.64 and Sterling Investments gained 10 cents in ending at $13 while 8,200 shares traded.

Huge jump in Jamaican stocks on Friday

Red stripe slnt 2The JSE Combined index jumped 6.80 percent or 7,069.02 points, at the close of trading on the Jamaica Stock Exchange on Friday. The strong move was aided by a $5.07 jump in the price of Desnoes and Geddes shares and gains in National Commercial Bank which ended at $32.99. The market climbed sharply for the third day as advancing stocks outpaced declining ones by a wide margin once more.
The JSE Market Index climbed 6,887.45 points to 106,659.52, the JSE All Jamaican Composite index leapt 7,697.11 points to 118,154.30 and the JSE combined index jumped 7,069.02 to end at 111,085.02 points.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 12 stocks with bids higher than their last selling prices and 4 with offers that were lower. At the close, there were 17 stocks rising, 2 declining, with 26 securities totalling 34,391,788 units, valued at $414,047,404 changing hands, in all market segments, and with 4 junior market and 2 main market stocks ending at new 52 weeks’ closing high, one stock ended at 52 weeks’ low.
JSE Sum 9-10-15r In trading, Cable and Wireless added 5 cents, with 845,177 shares changing hands to close at 58 cents, Caribbean Cement shot up to $9 with 281,375 shares changing hands at 50 cents higher, Desnoes and Geddes jumped $5.07 to trade at $13.07 with 29,094,581 shares trading at a new 52 weeks’ high. D&G closed with a bid to buy 5000 units at $15.01, nearly $2 above the last traded price. Grace Kennedy ended with 40,000 shares trading at $64, Jamaica Broilers closed at $6.50 with 119,681 shares changing ownership, Jamaica Producers gained 50 cents in trading 196,137 shares at $18.50, Jamaica Stock Exchange lost 10 cents in closing at $7.20 with 44,620 shares changing hands. JMMB Group traded 64,500 JSE fn qts 9-10-15National Commercial Bank closed at a new 52 weeks’ high of $32.99 with a gain of $2.97 with only 14,003 shares trading as high as $33, for an intraday 52 weeks’ high, Pan Jamaican Investments traded 2,017 shares at $61.99 having gained 74 cents, Radio Jamaica traded 5,394 shares to close at $4.18, for an 18 cents rise, Scotia Group ended with 632,075 shares trading at $25.64 to gain $1.64. Sterling Investments lost 10 cents in ending at $12.90 while 6,000 shares traded at a new 52 weeks low, Proven Investments ended at 21 US cents while trading 51,000 shares to gain 1 US cent and Jamaica Money Market Brokers 7.50% with 590,580 units changing hands closed at $2.

20 JSE stocks rose 3 fell Thursday

NCB traded 5.7m shares as high as $32.50 for an intraday 52 weeks’ high.

NCB traded 5.7m shares as high as $32.50 for an intraday 52 weeks’ high.

The main indices of the Jamaica Stock Exchange indices climbed sharply for the second day, as advancing stocks outpaced declining ones by a wide margin. At the close, there were 20 stocks rising, 3 declining, with 32 securities totalling 8,200,042 units, valued at $195,474,158 changing hands, in all market segments, and with three junior market stocks ending at new 52 weeks’ closing high, while National Commercial Bank traded at a 52 weeks’ intraday high.
The main market indices enjoyed another day of decent gains. The JSE Market Index climbed 699.38 points to 99,772.07, the JSE All Jamaican Composite index rose 781.60 points to 110,457.19 and the JSE combined index jumped 1,035.02 to end at 104,016.00 points.
IC bid-offer Indicator| At the end of trading, in the main and junior JSE Sum 8-10-15markets, the Investor’s Choice bid-offer indicator had a reading of 11 stocks with bids higher than their last selling prices and 4 with offers that were lower.
In trading, Cable and Wireless added 2 cents, with 981,889 shares changing hands to close at 53 cents, Carreras traded 257,755 shares to close 6 cents higher at $50.31, Caribbean Cement stock, gained 49 cents with 63,483 shares changing hands at $8.50, Desnoes and Geddes did not trade, the stock closed with a bid of $10.58 to buy 2,744,725 units. Jamaica Broilers closed at $6.50 with 119,681 shares changing ownership, Jamaica Producers gained $1.30 in trading 12,014 shares to end at $18, JMMB Group traded just 8,546 shares at $8 with a 35 cents gain. The stock closed with the bid at $8 to buy 1,754 shares but with 100,000 units on the bid at $7.90 and 466,490 at $7.80, the closest amounts being offered are 51,500 and 100,000 shares at $8.50. Mayberry Investments traded just 1,020 units at $2.35, JSE fn qts 8-10-15but the stock that fell sharply during the week to $2.20 now has more than 1 million units on the bid at $2.35, the lowest offer is at $2.70. National Commercial Bank rose $1.01 to $30.02 with 5,710,591 shares trading as high as $32.50 for an intraday 52 weeks’ high. Pan Jamaican Investments traded 14,123 shares at $61.25 having gained 25 cents, Radio Jamaica traded 46,000 shares to close at $4, Sagicor Real Estate Fund ended with 40,900 shares trading at $7.51, Scotia Investments lost $1.95 in ending at $26.50 while 202,000 shares traded and Supreme Ventures gained 3 cents with 154,935 units changing hands to close at $3.63.

J$31 offer for D&G shares spikes market

RED STRIPE  factThe main market of the Jamaica Stock Exchange indices jumped on the back of a $1 movement in the price of Desnoes & Geddes in response to an offer by Heineken for approximately J$31 per share for the shares it does not now own. At the close, there were 14 stocks rising, 3 declining with 21 securities totalling 2,920,468 units, valued at $33,633,857 changing hands, in all market segments, and with three junior market stocks ending at new 52 weeks’ closing high.
The main market indices enjoyed a day of decent gains. The JSE Market Index climbed 1,270.20 points to 99,072.69, the JSE All Jamaican Composite indexjumped 1,419.52 points to 109,675.59 and the JSE combined index jumped 1,316.98 to end at 102,980.98 points.
JSE Sum 7-10-15 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 16 stocks with bids higher than their last selling prices and 4 with offers that were lower.
In trading, Cable and Wireless added 1 cent with 8,000 shares changing hands to close at 51 cents, Carreras traded 70,682 shares to close $1.25 higher at $50.25, Desnoes and Geddes (D&G) traded just 3,000 shares to close at $8, after gaining $1. The D&G stock closed with a bid of $9.20 to buy the stock Jamaica Broilers closed at $6.50 with 29,188 shares changing ownership while gaining 41 cents, JMMB Group is worth watching having traded just 7,850 shares at $7.65 with a 1 cent gain but closed with the .JSE fn qts 7-10-15bid at $7.80 to buy 468,490 units with the closest amount offered being 51,500 shares at $8.50, the next amount offered is 9,171 units at $9.50. Kingston Wharves ended with a gain of 38 cents, to close at $7 with 301,000 shares changing hands. Sagicor Group with 1,659,265 shares trading, closed at $13.05, with a 5 cents rise, Scotia Group added 10 cents in ending at $24 while 164,793 shares traded and Proven Investments lost 2 cents with 25,000 units changing hands to close at 20 US cents.

JSE main indices up sharply on Monday

JSE sgn shrtpngThe Jamaica Stock Exchange saw continued low trading activity on Monday, while the main market indices surged sharply with the all Jamaica composite rising over 2,000 points. At the close, there were 12 stocks rising, 9 declining with 25 securities totalling 1,997,084 units, valued at $8,313,166 changing hands, in all market segments.
The main market indices suffered declines with the JSE Market Index leapt 1,796.05 points to 98,415.80, the JSE All Jamaican Composite index surged 2,007.19 points to 108,941.49 and the JSE combined index jumped 1,755.12 to end at 102,063.42 points.
JSE Sum 5-10-15 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 15 stocks with bids higher than their last selling prices and 4 with offers that were lower.
In trading, Berger Paints ended with 45,500 shares trading 1 cent down at $2.29, Cable and Wireless added 2 cents with 808,014 shares changing hands to close at 53 cents, Caribbean Cement traded 25,840 shares to close 1 cent higher at $8.01. Desnoes & Geddes traded 42,650 shares at to close at $6.82, after gaining 20 cents, Grace Kennedy did not trade but had no shares on offer, at the close, for the second day running. Jamaica Broilers traded at $5.80 with 13,951 shares changing ownership and dropping 1 cent. Jamaica Producers dropped $1 to end at $17 with only 10,000 units trading, Jamaica Stock Exchange traded 27,000 JSE fn qts 5-10-15shares in ending at $7.11, for a 19 cents fall, Mayberry Investments had 32,000 shares trading to close at $2.35, for a loss of 25 cents, at the close the stock was on offer at $2.20. National Commercial Bank had 30,500 units trading at the close at $30.50 for a 50 cents fall, Pan Jamaican traded 5,000 shares to close with a rise of 48 cents to $61.50. Sagicor Group with 32,000 shares trading, closed with a loss of 3 cents to end at $13, Scotia Group added 25 cents in ending at $23.75 while 149,247 shares traded and Proven Investments ordinary share close at 22 US cents after gaining 2.25 cents with 173,100 units changing hands.