Declining stocks on top Monday

June 29, 2015 by

Carreras drops $2.20

Carreras drops $2.20

Activity on the Jamaica Stock Exchange ended with 10 stocks rising, 13 declining as 27 securities changed hands and ending in 1,461,974 units trading, valued at $16,575,879 and 2 stocks closed at 52 weeks’ high in all market segments but a third traded at an intraday 52 weeks’ high. The main market closed with 7 stocks advancing to 10 falling.
JSE sum 29-6-15The JSE Market Index declined 236.68 points to 97,430.27 the JSE All Jamaican Composite index fell 264.54 points to close at 107,839.80 but the JSE combined index dropped 234.79 points to end at 100,012.08.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator was showing a poor reading of 5 stocks with bids higher than their last selling prices and 5 with offers that were lower.
In trading, Cable & Wireless had 128,943 units changing hands at 45 cents at the close, after shedding 2 cents. Caribbean Cement had 68,775 units trading at $5.50, Carreras lost $2.20 while trading 20,000 shares to close at $48.30, Desnoes and Geddes traded at $7.56 with 35,000 shares, JSE fn qts 29-6-15Gleaner ended with 5,600 shares changing hands to gain 10 cents, for a 52 weeks’ high of $1.29. Grace Kennedy ended with 21,158 units at $63.50 by dropping 50 cents, Jamaica Broilers gained 50 cents in trading 7,605 units to end at $6, JMMB Group added 10 cents in trading 400,538 shares and ended at $7.50. Mayberry had 36,805 shares trading, to end at a $2.52, National Commercial Bank fell 47 cents while trading 99,459 shares, to close at $29.03, Sagicor Group fell 15 cents with 485,685 units trading, to end at $12.55, but only after it traded during the day at a 52 weeks’ high of $13.10, Sagicor Real Estate Fund saw trading in 6,053 units but lost 40 cents in closing at $7.30, Scotia Group had 11,027 units trading 4 cents up at $23.25.

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17 stocks rose 6 declined

June 26, 2015 by

Activity on the Jamaica Stock Exchange ended with 17 stocks rising, 6 declining as 28 securities changed hands and ending in 1,670,491 units trading, valued at $31,272,240 and 4 stocks closed at 52 weeks’ high in all market segments. The main market closed with 12 stocks advancing to 4 falling.
JSE sum 26-6-15The JSE Market Index gained 616.53 points to 97,666.95, the JSE All Jamaican Composite index rose 689.12 points to close at 108,104.34 but the JSE combined index added 631.68 points to end at 100,236.87.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator was showing a worse reading than Thursday’s close of 12 to 5. The reading at the end of Friday’s trading is 7 stocks with bids higher than their last selling prices and 6 with offers that were lower as the market continues to swing between ups and down.
In trading, Carreras put on $2.23 while trading 1,000 shares to close at $50.50, Gleaner ended with 13,000 shares changing hands to gain 12 cents for a 52 weeks’ high of $1.19, Jamaica Broilers gained 50 cents in trading 7,605 units to end at $6, JMMB Group added 10 cents in trading 219,702 shares and ended at $7.50.JSE fn qts 26-6-15 Kingston Wharves climbed 15 cents to $7.15 with 14,071 shares, Montego Bay Ice has not traded in more than two years finally traded today but lost $2.95 to end at $15 while 1,560 shares traded to end at a 52 weeks low. National Commercial Bank rose 40 cents while trading 137,540 shares to close at $29.40, Proven Investments traded 132,278 share to close at 19 US cents, Sagicor Group inched up 9 cents with 105,691 units trading, to end at $12.70, Sagicor Real Estate Fund saw trading in 101,000 units but lost 30 cents in closing at $7.70 and Scotia Investments climbed $1 to $28.50 with 677,500 units, most of the stock traded at $2.

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Scotia Group tops trading on Thursday

June 25, 2015 by

Scotia Group accounted for 79% of shares traded in main market

Scotia Group accounted for 79% of shares traded in main market

Activity on the Jamaica Stock Exchange ended with 8 stocks rising, 13 declining as 29 securities changed hands and ending in 2,085,568 units trading, valued at $38,307,831, in all market segments. The main market had more stocks declining than advancing at the close with 10 falling to 5 advancing. Trading volumes were mostly low with Scotia Group accounting for 1.4 million units or 79 percent of the 1.79 million shares trading in the main market.
The JSE Market Index lost 264.93 points to 97,050.42, the JSE All Jamaican Composite index declining by 296.12 points to close at 107,415.22 but the JSE combined index declined 377.15 points to end at 99,605.19.
IC bid-offer Indicator| At the end of trading,JSE sum 25-6-15 in the main and junior markets, the Investor’s Choice bid-offer indicator was showing a better reading than Wednesday’s close of 9 to 8, with Thursday’s reading of 12 stocks with bids higher than their last selling prices and 5 with offers that were lower.
In trading, Caribbean Cement closed with 48,780 shares changing hands at $5.45 after slipping 5 cents, Carreras put on 2 cents while trading 26,534 shares at $48.37, Gleaner ended with 30,000 shares changing hands but lost 1 cent to close at $1.07, Grace Kennedy gained 45 cents with only 2,040 units changing hands at $63.95. Hardware and Lumber fell 50 cents to $17.50 with 1,500 shares changing hands, Jamaica Broilers lost 50 cents in trading 1,497 units to end at $5.50, JSE fn qts 25-6-15Jamaica Stock Exchange dropped 46 cents in trading 5,400 shares and ended at $6.35. At the close Stocks and Securities offered 982,465 units for sale at $6.80, Kingston Properties climbed $1 to $8 with 2,705 shares, National Commercial Bank rose 10 cents in trading 25,224 shares to close at $29.10, Sagicor Group fell 24 cents with 28,533 units trading to end at $12.61, Scotia Group had 1,419,099 units trading at $23.50, Scotia Investments fell by $2.35 to $27.50 with only 4,217 units. Jamaica Money Market Brokers 8.75% preference share traded 56,983 units at a loss of 1 cent at $2.98 and Proven Investments 8% preference share ended with 42,500 units trading unchanged at $5.

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12 up 12 down on JSE Wednesday

June 24, 2015 by

Carreras fell $2.15 on Wednesday

Carreras fell $2.15 on Wednesday

Activity on the Jamaica Stock Exchange ended with 12 stocks rising, 12 declining as 31 securities changed hands, including 2 that closed at new 52 weeks’ high and ending in 5,819,926 units trading, valued at $47,899,964, in all market segments. The main market had more stocks declining than advancing at the close with 9 falling to 6 advancing.
The JSE Market Index lost 137.06 points to 97,315.35, the JSE All Jamaican Composite index declining by 153.20 points to close at 107,711.34 but the JSE combined index declined 273.13 points to end at 99,982.34.
JSE sum 24-6-15 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 9 stocks with bids higher than their last selling prices and 8 with offers that were lower.
In trading, Caribbean Cement closed with 38,245 shares changing hands at $5.50, Carreras traded 12,000 shares but closed with a loss of $2.15 at $48.35, Desnoes & Geddes lost 45 cents in trading 21,600 shares to close at $7.55. Gleaner ended with 13,645 shares changing hands but gained 8 cents at the close to $1.08, Grace Kennedy had 26,700 units changing hands and fell 50 cents to $63.50, Jamaica Broilers remained firm in trading 94,000 units to end at $6. JSE fn qts 24-6-15Jamaica Stock Exchange in trading 17,135 shares ended with a gain of 1 cent at $6.81, at the close Stocks and Securities offered 982,865 units for sale at $6.80. Kingston Wharves traded 12,229 shares in closing at $7. The stock traded at a 52 weeks’ intraday high of $7.01, Mayberry Investments traded 123,703 shares to dip 7 cents at $2.53, National Commercial Bank declined by just 1 cents in trading 144,522 shares to close at $29, Proven Investments traded 117,000 shares to close at 21.5 US cents up from the closing price of 19.01 US cents on Tuesday. Sagicor Group fell 10 cents with 1,510,308 units trading to end at $12.85, Sagicor Real Estate Fund closed 1 cent down at $8 after 11,625 shares were exchanged and Scotia Group had 156,455 units trading 25 cents higher at $23.50.

Filed Under: JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , ,

Moderate first hour for JSE

June 24, 2015 by

After an hour’s trading on the Jamaica Stock Exchange on Wednesday, the main market JSE Intra - 10.30 24-06-15.indices are down with Jamaica Broilers losing 55 cents to $5.45 and National Commercial Bank trading at $29.01, but the junior market is up just a.
The prices of 5 stocks gained, and 4 declined as 16 securities traded including just 3 in the junior market with the total volume of stocks trading amounting to only 155,935 units. Cargo Handlers traded 36,551 shares at a new high of $26 with a gain of $1.
TheJSE Market Index lost 209.68 points to 97,242.73 the JSE All Jamaican Composite index fell 234.37 points to 107,630.17 at and the JSE combined index gave up 194.50 points to 100,060.973, the junior market index rose 0.35 points to 924.61.

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JSE poised to rise on Wednesday

June 23, 2015 by

PriceBalloons_KittisakFREEIMAGE280x150pxActivity on the Jamaica Stock Exchange picked up with one of the better trading days in terms of the number of securities being active. At the close there were 14 stocks rising, 8 declining as 39 securities changed hands, including 4 that closed at new 52 weeks’ high and ending in 4,671,007 units trading, valued at $73,832,092, in all market segments.
The changes in the market indices were very small with the JSE Market Index gaining just 13.43 points to 97,452.41, theJSE All Jamaican Composite index rising by 15.01 points to close at 107,864.54 but the JSE combined index declined by 4.07 points to end at 100,255.47.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 14 stocks with bids higher than their last selling prices and just 3 with offers that were lower, a suggestion that advancing stocks should have the upper hand again on Wednesday.
JSE sum 23-6-15In trading, Cable & Wireless closed with 1,149,216 units trading to end at 45 cents, Carreras traded 321,462 shares and gained $2.19 to end at $50.50, Desnoes & Geddes gained 44 cents in trading 733,245 shares to close at $8. Gleaner ended with 108,114 shares changing hands but lost 8 cents at the close, Grace Kennedy had 26,700 units changing hands and put on 64 cents to $64, Jamaica Broilers gained 55 cents while trading 8,410 units to end at $6. JMMB Group ended with 20,085 shares trading unchanged at $7.50, Kingston Wharves put on 30 cents in closing at $7 having traded just 2,900 units. Mayberry Investments traded 252,867 shares to close at $2.60 after shedding 30 cents, National Commercial Bank lost 44 cents in trading 1,008,211 shares at $29.01 at the end. JSE fn qts 23-6-15 138 Student Living regained the 40 cents it lost recently to close at $4.40 with 20,000 units changing hands, Pan Jamaican dropped $2.70 with 59,230 units to close at $60.80, Proven Investments traded 305,252 shares between 22 US cents and the closing price of 19.01 US cents, for a slight gain at the end. Radio Jamaica closed with a gain of 30 cents to a new 52 weeks’ high of $3.50 with just 4,214 shares changing hands, Sagicor Group was up 55 cents with 191,448 units trading to end at $12.95, Sagicor Real Estate X Fund closed 1 cent higher at a new high of $8.01 after 4,000 shares were exchanged. Scotia Group had 95,808 units trading 10 cents higher at $23.25 and Scotia Investments traded 15,000 shares at $29.85 at the close.

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JSE ekes small gain Monday

June 22, 2015 by

Activity on the Jamaica Stock Exchange, resulted in the prices of 11 stocks rising,11 declining as 31 securities changed hands, ending in 2,308,869 units trading, valued at $12,795,656, and 4 stocks closing at new 52 weeks’ high, in all market segments.
JSE sum 22-6-15The JSE Market Index added 56.80 points to 97,438.98, theJSE All Jamaican Composite index rose 63.48 points to close at 107,849.53 and the JSE combined index gained 124.65 points to end at 100,259.54.
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 4 with offers that were lower.
In trading Cable & Wireless ended with 204,187 units changing hands I cent higher at the close at 45 cents but traded as high as high as 48 cents. Caribbean Cement ended with 173,958 units trading, but lost 35 cents to end at $5.50, Desnoes & Geddes traded 28,187 shares and lost 5 cents in closing at $7.56, Jamaica Broilers had 9,768 shares changing hands and fell 55 cents to end at $5.45, JMMB Group traded unchanged at $7.50 after 237,117 JSE clse qts- 22-6-15units changed hands. National Commercial Bank traded 94,083 shares and lost 5 cents in closing at $29.45, Sagicor Group ended with 94,279 shares being active, fell 20 cents to end at $12.40, Scotia Group struggles to recover with 36,944 shares closed unchanged at $23.15. Proven Investments ordinary share traded 51,000 units and declined 3 cents to 19 US cents, Jamaica Money Market Brokers 7.50% preference share traded 243,400 units at $2 and Proven Investments 8% preference share had 10,100 units traded and lost 1 cent in closing at a 52 weeks’ low of $4.99.

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JSE slips most stocks rose

June 19, 2015 by

Caribbean Cement factory the company's stock closed at a 52 weeks' high on Friday

Caribbean Cement factory the company’s stock closed at a 52 weeks’ high on Friday

Activity on the Jamaica Stock Exchange, resulted in the prices of 15 stocks rising, 9 declining as 31 securities changed hands, ending in 5,015468 units trading, valued at $22,480,880, with 6 stocks closing at 52 weeks’ high, in all market segments. Only 7 stocks gained in the main market with 5 declining.
TheJSE Market Index lost 248.58 points to 97,382.18, theJSE All Jamaican Composite index fell 277.83 points to close at 107,786.05 and the JSE combined index dropped 186.25 points to end at 100,134.89.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 8 stocks with bids higher than their last selling prices and 3 with offers that were lower.
JSe sum 19-6-15rvIn trading, Cable & Wireless ended with 400,245 units changing hands, 1 cents down at 44 cents, there is some amount of selling at the 48-50 cents range and not much buying showing before 40 cents, with the full 2015 fiscal year results showing a large loss. The Gleaner contributed 670,000 shares with the price rising 3 cents, to end at $1.08, Jamaica Stock Exchange ended at a new all-time high of $7 with 58,055 shares trading to gain of 65 cents, ahead of the ex-dividend date of June 23. JMMB Group had 215,427 shares changing hands with the price remaining at $7.50. National Commercial Bank trading in only 32,931 shares closed at $29.50, Pan Jamaican Investment contributed 20,962 shares with the price slipping 1 cent, to $63.50, JSE fn qts 19-6-15 the stock traded earlier at a 52 weeks’ high of $65, Radio Jamaica closed at a new 52 weeks’ high of $3.20 with 50,000 shares changing hands. Sagicor Group contributing 185,000 shares with the price easing 1 cent, to $12.60. Scotia Group contributing 32,351 shares with the price rising just 1 cent to $23.15, Scotia Investments had 32,219 shares trading between $27.28 and the last price of $29.85, Supreme Ventures contributed 2,148,484 shares with the price falling 20 cents, to $3.50 and Proven Investments contributing 94,708 shares with the price closing unchanged at 22 US cents.

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JSE closes up with 15 stocks rising

June 18, 2015 by

Sagicor Group traded at day a new 52 weeks' high on Thursday.

Sagicor Group traded at day a new 52 weeks’ high on Thursday.

Activity on the Jamaica Stock Exchange, resulted in the prices of 15 stocks rising, 8 declining as 30 securities changed hands, ending in 2,795,375 units trading, valued at $21,467,371 and 3 new 52 weeks’ high in all market segments.
TheJSE Market Index gained 372.85 points to 97,630.76, theJSE All Jamaican Composite index rose 416.74 points to close at 108,063.88 and the JSE combined index gained 368.09 points to end at 100,321.14.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, JSE sum 18-6-15the Investor’s Choice bid-offer indicator shows 10 stocks with bids higher than their last selling prices and 7 with offers that were lower.
In trading, Cable & Wireless ended trading with 391,410 shares to end at 45 cents. Caribbean Cement ended with 1,019,125 shares but the price fell 40 cents to $5, Carreras ended trading with 7,660 shares to gain 41 cents to $48.50, Grace Kennedy closed with 32,022 units changing hands, 40 cents higher at $63.90. Jamaica Broilers traded 140,665 shares and was down 5 cents to $5.40, Jamaica Producers jumped $1.46 to $20 on a small volume of 7,239 shares. JMMB Group traded 176,877 shares but remained unchanged at $7.50, National Commercial Bank closed trading with 52,710 units changing hands and gained 5 cents to $29.50, JSE fn qts 18-6-15Sagicor Group traded at a new 52 weeks’ high of $13 during the morning but closed at new 52 weeks’ close of $2.61, 1 cent higher with 69,030 shares trading. Sagicor Real Estate Fund ended with 11,619 shares trading and remained unchanged at $8.
Scotia Group had trading in 208,096 shares to gain just 3 cents at $23.14, Supreme Ventures closed with 64,000 shares changing hands at $3.70. Proven Investments traded 91,678 shares and put on 0.38 US cents at the close, for a new closing high of 22 US cents, while Jamaica Money Market Brokers 7.50% preference share, traded 48,470 units at $2 and Jamaica Money Market Brokers 8.75% preference share traded 30,500 units and lost 1 cent, to end at $2.98.

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JMMB dominates trading as JSE rises

June 17, 2015 by

JMMB_Building600x250 JMMB Group dominated trading with 9.9 million units valued at $74.5 million on Wednesday in activity on the Jamaica Stock Exchange but the stock price was up only moderately.
In trading the prices of 14 stocks rose, 6 declined as 28 securities changed hands, ending in 13,740,198 units trading, valued at $109,298,383, with two new closing 52 weeks’ high, in all market segments but with Jamaica Broilers trading at a 52 weeks’ high during the day.
TheJSE Market Index gained 661.40 points to 97,257.91, theJSE All Jamaican Composite index rose 739.27 points to close at 107,647.14 and the JSE combined index gained 659.28 points to end at 99,953.05.
Stocks trading include, JSE sum 17-6-15Caribbean Cement adding 800,705 shares to gain 40 cent to close at $5.40 for a new closing 52 weeks’ high, Desnoes & Geddes lost 40 cents to $7.60 with 7,235 shares trading, Hardware and Lumber traded 210,000 shares at $18 but the bid that was at $18 was moved down to $16, shortly the trade. Jamaica Broilers had 47,213 shares trading to close at $5.45 for a gain of 25 cents but traded earlier in the day at $6. JMMB Group traded 9,935,904 shares at $7.50, up from $7.41 on Tuesday, the shares were sold in 10 lots by JMMB Securities and all but 96,142 were purchased by NCB Capital Markets for clients. Mayberry traded 147,3000 shares at $2.88, National Commercial Bank trading only 4,777 shares as high as at $29.99 but closed at $29.45, Pan Jamaican Investment closed at a new 52 weeks’ high of $63.51 with only 5,000 shares but traded at $63.75 during the day. JSE fn qts 17-6-15Sagicor Group in trading 1,773,139 shares, ended up 10 cents higher at $12.40 at the close. Sagicor Real Estate Fund gained 30 cents in trading 23,151 units and closed at $8, Scotia Group ended with 61,864 shares at $23.11, Supreme Ventures had 59,656 shares trading at $3.70 at the end and Jamaica Money Market Brokers 8.75% preference share traded 143,000 units to lose 1 cent and close at $2.99.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 11 stocks with bids higher than their last selling prices and 5 with offers that were lower well down on the 19 bids and 7 offers on Tuesday.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , ,