Juniors regain Monday’s losses

Trading levels climbed from Monday’s low level at 10:45 am with several stocks trading over 50,000 units with JJMB Group trading nearly 3 million units.
JSE Intra - 16-08-16Stocks trading at a new 52 weeks’ high are Cargo Handlers at $72.02, ISP Finance Services at $5.22. Other noticeable trades include Cable & Wireless with 105,961 units at $1.15, Caribbean Producers with 50,000 units at $3.20, Honey Bun traded 75,372 shares at $5.53, JMMB Group traded 2,537,927 units at $9.87, JMMB Group 7.50% preference share traded 87,835 units at $1.10, Jetcon Corporation with 48,827 units at $3, Lasco Distributors with 217,361 shares at $6.55, Lasco Manufacturing with 665,561 units at $5, Sagicor Group had 170,700 units at $21.50.
The market indices all fell in the main and junior markets, with 11 stocks gaining versus 11 that fell.
At 10:45 am 34 securities traded, resulting in a volume of 4,210,256 shares changing hands. The average number of shares traded amounts to 123,831 units compared to 43,230 units on Monday.
The all Jamaica Composite Index dropped 703.50 points to 177,756.10, the Jamaica Stock Exchange Market Index fell 629.05 points to 159,987.33, the Jamaica Stock Exchange combined index climbed 256.95 points to close at 171,363.46 points and the junior market index gained 81.91 points to 2,238.13.

Strong close for JSE stocks on Tuesday

Grace Kennedy hits 52 weeks' intraday high on Tuesday.

Grace Kennedy hits 52 weeks’ intraday high on Tuesday.

Grace Kennedy traded for the first time with the 3 for 1 stock split in effect on Tuesday. The stock traded at a new all-time high of $47.71 but closed back at the adjusted closing price on Monday of $41.67 with 16,372 units changing hands. At the close 289,050 units were offered to sell at $41.67. Elsewhere, Caribbean Cement rose 95 cents to close at $26.50 while trading 94,264 shares, Carreras jumped 93 cents with just 620 units trading to close $66.45, Jamaica producers fell 55 cents to end at $7.60 with 158,131 units changing hands, Jamaica Stock Exchange jumped $2.40 to $23.50 as 14,147 shares traded,
JSE Sum 9-08-16Kingston Wharves moved up by 45 cents to $16 with just 6,514 shares trading. Sagicor Group traded 14,346 units but fell 85 cents to $20.60, Scotia Group jumped 73 cents to $30.90 while 71,417 shares changed hands, Scotia Investments rose by 50 cents to $26.50 but just 4,395 units traded, Sterling fell 49 cents to $12.51 and Supreme Ventures climbed 58 cents to $5.10.
In the overall market the prices of 18 securities gained out of a total of 40 securities that traded, with 11 declining, including 5 stocks, rising and 1 falling from the junior market.
The market closed with an overall volume of 4,024,061 units valued at $45,104,460 changing hands, in all market segments. The junior market accounted for 956,421 units traded, valued at $4,918,989 of all trades.
JSE fn qts 9-08-16 The JSE Market Index rose 744.87 points to end at 160,727.87, the all Jamaica Composite Index inched up 833.02 points to close at 178,584.28 and the JSE combined index gained 714.49 points, to end at 171,619.66.
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 1 with a lower offer.
At the end of market activities, Barita Investments gained 25 cents and ended with 9,991 units traded, to close at $3.30, Cable & Wireless traded just 7,500 shares to close at $1.26, Proven Investments ended trading 420,975 units to close at 19.96 US cents and JMMB Group 7.50% preference share traded 1,921,100 units at $1.10.

Grace drops $6.99 in early trades

Grace Kennedy headed back to $118, with a drop of $6.99 in early trading on the Jamaica Stock Exchange in the Tuesday morning session, while trading 7,052 shares changed hands. Cable & Wireless traded 103,278 shares at $1.29, Jamaica Money Market Brokers 7.50% preference traded 712,998 units at $2.15,ICI intra JSE 14-06-16 Lasco Distributors trade 200,337 shares at $8 and Lasco Manufacturing traded 606,845 units at $5.
Trading resulted in activity in 24 securities, accounting for a volume of 1,820,517 units as 6 stocks gained and 8 declined. The average number of shares traded amounts to just 75,855 units compared to an average of 30,397 units on Monday. Trading in Honey Bun was halted after the stock traded at $6.40, exceeding the 15 percent permitted before the circuit chips in.
After 75 minutes of trading in the early morning session, on Tuesday, the all Jamaica Composite Index dropped 267.58 points to 177,017.03, the JSE Market Index slipped 239.26 points to 159,326.52, the JSE combined index declined 113.59 to close at 170,828.95 points andthe junior market index rose 10.49 points to 2,245.42.

Grace trades at $115 on JSE – Tuesday

Grace Kennedy hit $115 with a rise of $4 in trading on the Jamaica Stock Exchange in the early morning session on Tuesday with 1,150 shares changing hands, while Pan Jamaican Investment Trust bid is at $27 to buy 526 units with the stock on offer at $30. Honey Bun that trades ex split today has not yet trade with orders to buy still in at $19 and below with the ex split price being $3.80 and the highest price it can trade ta being $4.94 today.
ICI int sht 31-05-16Lasco Distributors had the largest volume traded for the morning of 260,000 units at $7.47 followed by Cable & Wireless with 199,074 shares at $1.38 and Jamaica Money Market Brokers 7.50% preference share with 137,702 units at $2.10.
Trading resulted in activity in 25 securities, accounting for a volume of 939,280 units as 6 stocks gained and 11 declined. The average number of shares traded amounts to 37,571 units compared to an average of 67,133 units on Monday.
After 75 minutes of trading in the early morning session, on Tuesday, the all Jamaica Composite Index fell 331.36 points to 173,785.08, the JSE Market Index lost 296.29 points to 156,436.64, the JSE combined index drifted down by 94.44 points, to 167,121.93 and the junior market index rose 17.59 points to 2,145.73.

Grace trades at $120 on JSE – Monday

Grace Kennedy hit a new high of $120 with a rise of $10 in trading on the Jamaica Stock Exchange in the early morning session on Monday with 8384 shares changing hands, while Pan Jamaican Investment Trust went ex-split today with the bid at $24.23 but there has been no stock on offer.
ICI int sht 30-05-16rBerger Paints traded 95,000 shares at $4.45, Ciboney Group had 292,937 units trading at 20 cents, Consolidated Bakeries had trading in 122,036 units at $1.70, Supreme Ventures saw trading in 271,187 units at $4.65, JMMB Group 7.50% preference share had 92,900 units changing hands at $1.04 and Jamaica Money Market Brokers 7.50% preference share traded 490,000 units at $2.10.
Trading resulted in activity in 27 securities, accounting for a volume of 1,812,598 units as 13 stocks gained and 7 declined. The average number of shares traded amounts to 67,133 units compared to an average of a mere 18,121 units on Friday.
After 80 minutes of trading in the early morning session, on Monday, the all Jamaica Composite Index rose 1,001.93 points to 174,155.13, the JSE Market Index rose 895.88 points to 154,265.97, the JSE combined index gained 937.64 points, to 164,423.18 and the junior market index dropped 10.39 points to 2,137.92.

Grace hits new high on JSE – Friday

Grace Kennedy hit a new 52 weeks’ high of $102 but with only 502 shares trading and gained $2 in the process, but now has a bid to buy 7,000 units at $103. With the exception of trading in 1 million units of ICI int sht 27-05-16rCaribbean Flavours at $8 and Jamaica Money Market Brokers 7.50% preference share with 312,000 units changing hands at $2.11, volumes were light on the Jamaica Stock Exchange, in the early morning session on Friday.
Trading resulted in activity in 28 securities, accounting for a volume of 1,571,599 units as 9 stocks gained and 9 declined. The average number of shares traded is just 56,129 units compared to an average of a mere 18,121 units on Thursday.
After 75 minutes of trading in the early morning session, on Friday, the all Jamaica Composite Index rose 1,650.04 points to 172,786.13, the JSE Market Index rose 1,475.40 points to 155,543.42, the JSE combined index gained 1,621.07 points, to 166,060.64 and the junior market index rose 24.61 points to 2,123.04.

JSE majors fall in early trading – Monday

Trading in the early morning session on the Jamaica Stock Exchange, on Monday saw the main market indices dropping sharply by just under 1,500 points as per the all Jamaica Composite Index. The junior market enjoyed a moderate bounce.
ICI int sht 09-05-16Three stocks traded more than 100,000 units with Caribbean Cream having 109,103 shares trading up to $4.99 but last traded at $4.80 followed by Jamaica Stock Exchange with 100,100 units at $21 and Jamaica Money Market Brokers 7.50% preference share with 108,800 units at $2.15.
After 75 minutes of trading, on Monday, the average volume traded amounts to 22,162 units per active stock, compared to an average of 92,039 units in the mid-morning session on Friday.
Trading resulted in activity in 29 securities, accounting for 642,698 shares changing hands as 11 stocks gained and 10 declined, representing continued fluidity in price movements.
The market saw the all Jamaica Composite Index dropped 1,489.34 points to 168,937.45, the JSE Market Index fell 1,331.71 points to 152,102.08, the JSE combined index ended with a fall of 1,132.78 points to 163,214.52 and the junior market index bounced 9.99 points to 2,156.79.

JSE pulled back early Friday

Trading in the early morning session on the Jamaica Stock Exchange, has been moderate, with four stocks trading more than 100,000 units with Jetcon Corporation having 654,721 shares trading at $3, JMMB Group 7.5% preference share trading 529,000 units at $1.04 followed by Kingston Wharves with 500,000 shares trading with a loss of ICI int sht 06-05-16$1.50 at $11.50 and Scotia Group with 247,061 units at $30.50. The trade in Jetcon Corporation left only three sell order in the system, starting at $3.15.
After 75 minutes of trading, on Friday, the average volume traded amounts to 92,039 units per active stock, compared to an average of 104,305 units in the mid-morning session on Thursday.
Trading resulted in activity in 25 securities, accounting for 2,300,975 shares changing hands as 8 stocks gained and 12 declined.
The market saw the all Jamaica Composite Index dropped 1,680.04 points to 168,659.85, the JSE Market Index fell 1,502.22 points to 151,853.87, the JSE combined index ended with a fall of 1,652.77 points to 162,685.65 and the junior market index fell 25.23 points to 2,127.68.

JSE inches up in early trading – Tuesday

Trading is off to a fairly slow start on the Jamaica Stock Exchange in the early morning session but with a few reasonable sized trades. Leading off is Lasco Manufacturing with 1,079,447 units followed by Cable & Wireless with 355,488 shares and JSE intra 26-04-16Caribbean Cream with 97,300 shares while Caribbean Cement chipped in with 63,122 units, Jamaican Teas 74,583 units and JMMB 7.25% traded 200,000 shares.
Trading saw all major indices rising moderately, with the main market indices gaining just under 200 points and the junior market index climbing over 10 points after 90 minutes of trading, on Tuesday. The average volume traded amounts to 107,260 units per active stock, compared to an average of 71,293 units traded in the mid-morning session on Monday.
A total of only 20 securities accounting for 2,145,196 shares changed hands as 5 stocks gained and 4 declined.
The market saw the all Jamaica Composite Index rising 195.09 points to 167,466.80, the JSE Market Index gained 174.44 points to 150,787.09, the JSE combined index ended with a rise of 279.60 points to 161,579.83 and the junior market index rose 11.48 points to 2,116.34.

JSE majors down again – Thursday’s

Stocks recorded gains in the Junior market to add to the index as two of the Lasco listed companies recorded gains, but the main market of the Jamaica Stock Exchange saw continued losses in the indices. Trading levels were moderate with less stocks trading in the early session than in recent times.
JSE intra 21-04-16The leading trades are Lasco Distributors with 414,078 units at $6.10, Lasco Manufacturing with 711,631 shares at $4.10 followed by Cable & Wireless with 115,518 at $1.30 and JMMB Group 109,815 shares at $9.50.
Trading saw all major indices falling after 75 minutes of trading on Thursday with an average of 83,005 units per active stock traded, compared to an average of 214,849 units traded in the mid-morning session on Wednesday.
A total of only 18 securities accounting for 1,494,093 shares changed hands at 10.45 am as 7 stocks gained and 6 declined.
The market saw the all Jamaica Composite Index dived 1,190.18 points to 164,285.71, the JSE Market Index dropped 1,064.21 points to 147,942.69, the JSE combined index ending with a fall of 551.98 points to 156,967.34 and the junior market index rose 42.44 points to 1,923.87.