Falling prices dominate with 15 down

June 16, 2015 by

Carreras dominated with $64.8M in value

Carreras dominated with $64.8M in value

Activity on the Jamaica Stock Exchange, resulted in the prices of 7 stocks rising, 15 declining as 28 securities changed hands, ending in 4,785,392 units trading, valued at $101,683,594, in all market segments as Carreras dominated trading with shares valued at $64.8 million. For the first time in a few weeks there were no stocks at new 52 week’s high at the close.
TheJSE Market Index lost just 3.39 points to 96,596.51, the JSE All Jamaican Composite index fell 3.79 points to close at 108,907.87 and the JSE combined index gained 28.63 points to end at 99,293.77.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 19 stocks with bids higher than JSE sum 16-6-15 their last selling prices and 7 with offers that were lower, an indication that the number of stocks likely to gain on Wednesday should outnumber the ones declining.
In trading, Cable & Wireless put on 2 cents with 431,297 units changing hands to close at 46 cents. Caribbean Cement rose 1 cent while trading 121,350 shares at $5, Carreras gained 28 cents in trading 1,341,078 to end at $48.35, with NCB Capital Market s being the main broker selling and Sagicor Investments the main broker buying. Grace Kennedy suffered a decline by 40 cents with 8,919 shares changing hands at $63.50, Hardware & Lumber traded 50,000 shares at $18, with just one trade. Jamaica Broilers slipped 30 cents with 23,654 shares trading to close at $5.20, followed by Kingston Wharves that fell 15 cents to $6.40 with only 725 units trading, JSE fn Qts 16-6-15National Commercial Bank traded 528,170 units to close at $29.46 down from the last traded on Monday of $30, as the price slipped 54 cents. Sagicor Group fell 30 cents to $12.30 with 94,210 shares changing hands. The price of Sagicor Real Estate Fund rose 10 cents, with 42,375 shares changing hands, to end at $7.70. Scotia Investments fell 72 cents as 25,291 shares traded to close at $26.28 and Proven Investments traded 595,502 shares at 21 US cents, down from 21.05 US cents on Monday, after 467,745 units were traded in the morning session, at 22 US cents.

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JSE inches up on Monday

June 15, 2015 by

Sagicor traded at a new 52 weeks' high on Monday

Sagicor traded at a new 52 weeks’ high on Monday

Activity on the Jamaica Stock Exchange, resulted in the prices of 14 stocks rising, 10 declining as 33 securities changed hands, ending in 5,016,448 units trading, valued at $23,000,266 and 4 stocks closing at new 52 weeks’ high, in all market segments.
TheJSE Market Index gained 71.71 points to 96,599.90, the JSE All Jamaican Composite index rose 80.16 points to close at 106,911.66 and the JSE combined index gained 34.45 points to end at 99,265.14.
JSE sum 15-6-15 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 15 stocks with bids higher than their last selling prices and 7 with offers that were lower.
Stocks trading include, Cable & Wireless traded 830,959 units at 44 cents, Caribbean Cement ended with 42,304 shares changing hands at $4.99 after gaining 14 cents. Carreras closed with 47,127 stocks units trading and lost 93 cents at $48.07, Desnoes & Geddes gained 45 cents with just 1,404 units trading, to end at $8, Grace Kennedy had 3,560 shares changing hands after losing 5 cents to end at $63.90. Hardware & Lumber traded 20,000 stocks units with a loss of $1 to close at $18. Jamaica Broilers traded 250,000 shares at $5.50 after shedding 25 cents, Jamaica Stock Exchange traded 9,331 shares to close unchanged at $6.35, JMMB Group closed with 23,587 shares changing hands at $7.45 for a 15 rise, Mayberry Investments had 11,195 units changing hands at $2.88, JSE clse qts- 15-6-15National Commercial Bank traded 48,527 units to close at $30, after gaining 50 cents. Pulse Investments had 306,000 shares trading at a 52 weeks’ high of 55 cents, to record a gain of 10 cents. Radio Jamaica traded 25,185 stocks units with a loss of 1 cent, to close at $3, Sagicor Group traded 776,521 shares to close at a 52 weeks’ high of $12.60, after putting on 54 cents, Scotia Group ended with 14,717 shares trading unchanged at $23.10. Seprod ended with 19,041 shares changing hands at $15.45 for a gain of 7 cents, Jamaica Money Market Brokers 7.50% preference share traded 435,206 units at $2 and Jamaica Money Market Brokers 8.75% preference share traded 324,497 units at $3.

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AJ Index falls 3,000 points in 6 days

June 12, 2015 by

Scotia Group fell again on Friday to $23.10 from its recent 52 weeks' high of $27, and is the major factor behind the 3,000 points fall in the market index.

Scotia Group fell again on Friday to $23.10 from its recent 52 weeks’ high of $27, and is the major factor behind the 3,000 points fall in the market index.

The Jamaica Stock Exchange, closed out the week on a negative note with the prices of 8 stocks rising, 17 declining as 35 securities changed hands, ending in 3,084,121 units trading, valued at $28,761,098. A total of 3 stocks traded to close at a new 52 weeks’ high, in all market segments.
Since last week Friday the main market has slipped 5 days out of the 6 trading days. The last three days recorded negative movements in the indices. The JSE Market Index lost 805.17 points to close at 96,528.19, and is down over 2,700 points from last week’s Thursday close, the JSE All Jamaican Composite index fell 899.97 points to close at 106,831.50 and has lost more 3,000 points since last week’s Thursday close. The JSE combined index dropped 989.73 points to end JSE sum 12-6-15at 99,230.69 on Friday and lost just over 2,600 points since Thursday, last week.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 7 stocks with bids higher than their last selling prices and 8 with offers that were lower, a negative indicator for Monday’s trading.
In trading, Cable & Wireless ended with 77,630 shares changing hands and closed unchanged at 44 cents, Carreras traded 213,902 shares to close at $49 after losing 50 cents, Desnoes & Geddes ended with 106,421 shares changing hands with the price declining 45 cents to $7.55, Grace Kennedy traded 10,133 units to close at $63.95. Jamaica Broilers closed at a new 52 weeks’ high of $5.75 to gain 35 cents, with 431,083 units changing hands,JSE clse qts- 12-6-15 Jamaica Stock Exchange ended with 15,415 shares trading and closed at $6.35, to lose 15 cents. JMMB Group gained 8 cents to end at $7.30 with 134,900 shares, Kingston Wharves lost 49 cents with 8,000 shares trading at the close at $6.51, National Commercial Bank had 36,290 units trading unchanged at $29.50. Sagicor Group traded only 31,267 shares, was quoted at $12.06 when trading ended, with a loss of 34 cents. The stock traded at a new 52 weeks’ high of $12.50 during the day. Scotia Group had 301,432 shares changing hands at $23.10 with a loss of 50 cents, Sterling Investments saw 11,660 units trading at $13.40 and put on 5 cents, Supreme Ventures had 46,994 units changing hands at $3.65 for a 5 cents gain and Proven Investments 8% preference share traded 127,800 units at $5.

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Market suffers losses in early trading

June 12, 2015 by

With 75 minutes of trading on the Jamaica Stock Exchange the market indices fell JSE 1045- 12-6-15with a tone of bearishness in the air, a total of 11 stocks have declined and 7 are up.
There are three new 52 weeks’ highs with Caribbean Cream traded at an all-time high of $1.85, Sagicor Group and Jamaica Broilers traded at a new 52 weeks’ high of $12.50 and $5.75 respectively. The main market has so far had 17 stocks being active while 11 stocks have traded in the junior market, for a total of 28 securities, trading in the markets, accounting for 1.179 million shares.
TheJSE Market Index lost 388.63 points to 96,944.73 the JSE All Jamaican Composite index fell 431.42 points to close at 107,300.05 JSE combined index dropped 508.18 points to 99712.24 and the junior market index fell 15.64 to 917.13 points.

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

JSE closes down on Monday

June 8, 2015 by

Carreras traded over 4 million shares on Monday

Carreras traded over 4 million shares on Monday

Activity on the Jamaica Stock Exchange, resulted in the prices of 13 stocks rising, 5 declining as 35 securities changed hands, ending in 8,007,892 units trading, valued at $232,771,926 and 4 stocks traded at hew 52 days high, in all market segments.
TheJSE Market Index lost 299.63 points to 97,788.91, theJSE All Jamaican Composite index fell 334.90 points to close at 108,240.66 and the JSE combined index declined 285.04 points to end at 100,463.91.
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 6 with offers that were lower.
JSE 8-6-15Stocks trading include, Cable & Wireless had 380,130 units trading and closed at 43 cents, Carreras with 4,067,804 shares at mostly $50, to shed $1 from Friday’s close. Desnoes & Geddes gained 5 cents while trading 37,000 units to close at $7.55, Hardware & Lumber traded 111,500 shares at $18, Jamaica Broilers with 218,900 shares at $5.50, JMMB Group 85,992 shares after slipping 30 cents to $7.50, the Jamaica Stock Exchange traded 16,000 shares to close at $5. The directors of the JSE met during the day and declared a dividend of 53 cents per shares to be paid in July. Mayberry Investments ended with 267,075 units at $3, JSE fn qts 08-6-15National Commercial Bank closed with 113,100 units trading at $29. At the close NCB had 17 offers to sell 818,742 shares at $30 each and 4 bids amounting to 704,000 units to buy between $29.02 and $28, thereafter, meaningful bids are at $26.50. Pan Jamaican Investment had just 1,285 units trading at a new 52 weeks’ high of $62, after gaining $1.45, Scotia Group had 612,697 shares changing hands to close at $25.51 and Jamaica Money Market Brokers 7.50% preference share traded 561,800 units and ended at $2.30.

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JSE records gains as 12 stock rose

June 4, 2015 by

JSE closed at a new high on Thursday of $5

JSE closed at a new high on Thursday of $5

Activity on the Jamaica Stock Exchange, resulted in the prices of 12 stocks rising, 8 declining as 28 securities changed hands, ending in 29,030,930 units trading, valued at $172,290,893, in all market segments.The market continues to record new 52 weeks’ high with 4 new highs recorded at the end of trading in the main and junior markets.
The JSE Market Index rose by 850.14 points to 99,251.97, JSE sum 4-6-15the JSE All Jamaican Composite index rose 950.23 points to close at 109,875.98 and the JSE combined index gained 909.48 points to end at 101,846.89.
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 4 with offers that were lower.
After two hours of trading on Thursday there was heavy trading in a number of stocks. The big trades for the day are Caribbean Cement with 4,504,011 shares to close at $4.80, the vast majority traded at $5. Carreras traded 528,878 units to end at $50, Jamaica Broilers with 3,019,120 shares changing hands, closed at $5.50, Scotia Group traded 1,103,300 shares with the price closing unchanged at $25.50 as Scotia Investment bought most of those to trade. Supreme Ventures had 8,559,749 shares traded to end at $3.50, down 25 cents and Jamaica Money Market Brokers 7.50% preference share traded 836,000 units with a gain of 19 cents to end at $2.30.
Elsewhere in the market, Jamaica Stock Exchange traded 21,150 units to end with a gain JSE fnl qts 4-6-15of 20 cents to a new closing high of $5. National Commercial Bank with 248,135 shares closed at $29.60 to end with a 5 cents gain, Pan Jamaican Investment traded 5,678 shares to close 3 cents higher at a new 52 weeks high of $60.55, Pulse Investments traded 300,000 units at 45 cents, to gain 9 cents for a new 52 weeks high. Sagicor Group had 388,585 shares trading to close at $12, Sagicor Real Estate Fund traded 418,797 shares at $7.60, up 50 cents on the day, Scotia Investments exchanged 20,028 shares to close at $26.28 and Proven Investments traded 146,255 shares at 21 US cents.

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Declining stocks outpace advancers

June 3, 2015 by

Activity on the Jamaica Stock Exchange, resulted in the prices of 10 stocks rising, 13 declining as 33 securities changed hands, ending in 9,407,399 units trading, valued at $83,136,775, with 4 stocks closing at 52 weeks’ high, in all market segments.
The JSE Market Index lost 787.71 points to 98,401.83, the JSE All Jamaican Composite index declined 880.45 points to close at 108,925.75 and the JSE combined index dropped by 631.19 points to end at 100,937.41.
JSE sum fn 3-6-15 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 15 stocks with bids higher than their last selling prices and 9 with offers that were lower. The indication is for fluidity in price movements on Thursday and the likelihood of declining stocks out numbering advancing ones.
In trading, Berger Paints traded 71,289 units at $3, Caribbean Cement had 201,560 units trading at $5 after dropping 10 cents. Interestingly, even as Cable & Wireless posted a large loss after taking a $7 billion one off extra ordinary expense hit, the stock traded 649,000 units between 50 cents and the closing price of 48 cents, the same as on Tuesday. Carreras traded 483,380 units at $50, after falling $1.50, Gleaner Company had 219,403 shares trading at $1, Hardware & Lumber closed with 38,638 shares trading unchanged at $18, Jamaica Broilers having 2,428,147 units trading with the price holding at $5.18 after slipping from $5.50 earlier in the day, to end the day down 7 cents. JMMB Group lost 79 cents while it traded 1,130,033 units as the price closed at $7.71, following poor profit results in the final quarter of the fiscal year to March.JSE fn qts 03-6-15 Mayberry Investments had 1,099,821 units trading 4 cents lower at $3.05. One million units of the stock were sold by JMMB Securities and Mayberry bought them for in house purposes. National Commercial Bank ended with 81,153 units changing hands 35 cents down at $29.55, Pan Jamaican Investment traded 4,078 units 2 cents higher for a new 52 weeks’ high of $60.52. Sagicor Group had 1,199,248 shares trading at $12, after slipping 5 cents, Scotia Group had 315,085 units changing hands to end 250 cents higher at $25.50 and Jamaica Money Market Brokers 7.50% preference shares closed with 295,000 units trading to end at $2.11.

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15 stocks rose 10 declined on JSE

June 2, 2015 by

JSE traded at a new all-time high of $4.80 to record a gain of 220% for the year to date

JSE traded at a new all-time high of $4.80 to record a gain of 220% for the year to date

Activity on the Jamaica Stock Exchange, resulted in the prices of 15 stocks rising, 10 declining as 42 securities changed hands, ending in 5,509,275 units trading, valued at $30,879,690, in all market segments.
TheJSE Market Index lost 484.92 points to 99,189.54, theJSE All Jamaican Composite index fell 542.01 points to close at 11109,806.20 and the JSE combined index gained 850.26 points to end at 101,568.60.
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 3 with offers that were lower.
Market activity saw, Cable & Wireless ending with 1,359,285 shares to close at 48 cents, after losing 2 cents but the stock traded as low as 45 cents after the company reported a huge $9 billion loss including an exceptional charge of $7 billion, after trading closed on Monday. JSE sum 2-6-15 Caribbean Cement had 70,900 shares trading at $5.10, to record a gain of 10 cents. Carreras traded of $51.50 and lost 50 cents but with just 6,272 shares, Desnoes & Geddes had 38,161 units changing hands at $7.50, for a loss of 5 cents, Hardware & Lumber traded 72,196 shares between a new intra-day high of $19 and the closing price of $18, Jamaica Broilers traded 206,666 units to close at $5.25 with a 30 cents loss. Jamaica Stock Exchange traded 5,000 units at a new high of $4.80 after gaining 30 cents. JMMB Group gained 5 cents, with 14,350 shares to close at $8.50. Mayberry Investments traded 183,599 units at $3.09, as the price slipped by 1 cent, JSE clse 2-6-15 National Commercial Bank traded 24,497 shares at $29.90 and lost 9 cents, Radio Jamaica traded 100,000 shares to remain unchanged at $3. Sagicor Group had 344,180 units trading 5 cents higher to end at $12.05, the company Real Estate Fund ended with 18,186 units trading down by 8 cents at $7.50. Scotia Group traded 309,997 units at $25.30, Supreme Ventures added 117,357 shares at $3.80. Proven Investments had 40,900 changing hands at 20.99 US cents, Jamaica Money Market Brokers 7.50% preference shares closed with 250,900 units trading at $2.11 and Jamaica Money Market Brokers 8.75% preference shares closed with 147,225 units trading at $3.02.

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Market back to pre-crisis levels

June 1, 2015 by

Carreras traded at a 52 weeks' high of $52

Carreras traded at a 52 weeks’ high of $52

Activity on the Jamaica Stock Exchange, resulted in the prices of 15 stocks rising, 6 declining as 28 securities changed hands, ending in 6,921,820 units trading, valued at $48,898,561, in all market segments.
Stocks trading at new 52 weeks’ high in the main market are, Carreras traded of $52 to gain $2 but with only 800 shares, Jamaica Stock Exchange, Jamaica Broilers and Pan Jamaican.
TheJSE Market Index gained 908.09 points to 99,674.46, theJSE All Jamaican Composite index climbed 1,015.00 points to close at 110,348.21 and JSE sum 1-6-15the JSE combined index gained 850.26 points to end at 101,869.93. The close on Monday, places the all Jamaican index back to July 2008 levels.
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 2 with offers that were lower.
Cable & Wireless closed with 341,888 shares trading at 50 cents, Caribbean Cement had 61,057 shares trading at $5, to record a gain of 40 cents. Desnoes & Geddes had 15,250 units changing hands at $7.55, in putting on 12 cents, Jamaica Broilers traded 115,000 units at $5.55 with a 5 cents gain, Jamaica Stock Exchange traded 10,000 units at a new high of $4.50. JMMB Group lost ground by falling 55 cents, with 22,350 shares to close at $8.45 after the investment bank posted earnings of $1.18 per share for the year to March, compared with $1.74 in 2014. The company only made $76 million in the quarter compared to reach $1.93 million compared with $1.85 million at the end of December.JSE fn Qts-1- 6-15 Mayberry Investments traded 127,350 units at $3.10, as the price moved up 10 cents, Pan Jamaican Investment traded 6,473 shares at $60.50 to gain 50 cents, for a new 52 weeks’ high. Radio Jamaica traded 55,622 shares and gained 40 cents to close at $3, the company released results of 32 cents per share for the year to March after trading closed compared with 17 cents in 2014. Sagicor Group had 308,000 units trading at the end at $12, the company Real Estate Fund ended with 3,933,104 units trading 7 cents high at $7.58, Scotia Group traded 261,103 units at $25.30 Seprod 23,580 shares as the price slipped 95 cents to $16.55 and Supreme Ventures added 487,217 shares at $3.80.

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Sagicor stole show with 11.4m Shares

May 28, 2015 by

Sagicor Group 

Sagicor Group had 11,418,503 shares trading at $11.52 as Sagicor Investments was the only broker trading the stock on behalf of clients, as well as some being bought for in house inventory purposes.
Activity on the overall market resulted in the prices of 18 stocks rising, 8 declining as 37 securities changed hands, ending in 15,580,599 units trading, valued at $163,455,688, in all market segments.
The JSE Market Index gained 621.20 lost points to 98,315.18, the JSE All Jamaican Composite index rose 694.34 points to close at 108,828.89 and the JSE combined index gained 600.84 points to end at 100,580.46.
JSE 28-5-15 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows only 6 stocks with bids higher than their last selling prices and 3 with offers that were lower.
In trading, Barita Investments exchanged 77,159 shares to close at $2.50, after shedding 20 cents, Cable & Wireless traded 353,348 units at 50 cents at the close Caribbean Cement had 102,760 shares changing hands at $5, to gain 60 cents at the close, but traded as low as $4.40. Carreras had 104,150 units trading unchanged at $49, Desnoes & Geddes gained 15 cents in trading 12,500 units at $7.50. Gleaner closed up 14 cents as 25,811 units changed hands at $1.10.JSe fn Qts 28-5-15 All the Jamaica Producers’ 36,937 shares traded at $18.55, Jamaica Stock Exchange traded at a new all-time high of $3.65 with 10,000 units, Margaritaville traded 89,180 units at 10.5 US cents up from 10 US cents, Mayberry Investments traded 98,500 at $3, National Commercial Bank traded 15,647 shares to close with a gain of 53 cents at $30.10. Proven Investments ended with 18,320 units as the price rose to 20.99 US cents, followed by Sagicor Real Estate Fund with 202,000 shares at $7.51, Scotia Group had 673,965 shares changing hands at $25.50 and Jamaica Money Market Brokers 8.75% preference shares with 289,776 units at $3.02.

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