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.

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

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.

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

All Jamaica below 110,000 at 11:30am

June 3, 2015 by

The Jamaica Stock Exchange is trading with some fair volume with Jamaica Broilers JSE Intra 1130 3-6-15having 1,568,877 units trading with the price holding at $5.50 and JMMB Group with 1,126,033 units but the price slipped to $8, following poor profit results in the final quarter of the fiscal year to March. Mayberry Investments had 1,000,000 units trading at $3.15, the stock was sold by JMMB Securities and Mayberry bought them for in house purposes. Carreras traded 300,000 units at $50, Sagicor Group had 485,070 shares trading at $12.15, Scotia Group had 255,085 units changing hands at $25.50. Interestingly, even as Cable & Wireless posted a bad loss after taking a $7 billion one off extra ordinary expense hit the stock traded 327,000 at 50 cents. Cargo Handlers trades at a new high of $22.48 by adding 19 cents in trading 102,900 units and Caribbean Cream traded 100,000 units at a new high of $1.35.

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

4 stocks up 2 down on TTSE

June 2, 2015 by

TTSE+Logo Trading on the Trinidad Stock Exchange ended with 13 securities changing hands of which 4 advanced, 2 declined and 7 traded firm with a total of 65,604 units, valued at $678,230.
At the close of the market, the Composite Index rose 0.76 points to close at 1,160.71, the All T&T Index rose by just 0.36 points to close at 1,969.22 and the Cross Listed Index increased by a mere 0.16 points to end at 46.22.
Gains| Stocks increasing in price at the close are, National Commercial Bank contributing 8,937 shares, 5 cents higher at $1.75, National Flour Mills with 17,958 shares changing hands, to close with a gain of 10 cents at $1.95, for a new 52 weeks’ high. One Caribbean Media gaining 11 cents to end the day at $22.41 with just 100 shares trading and Sagicor Financial Corporation traded 870 shares to close with a gain of 1 cent at $6.05.
Declines| The stocks declining at the end of trading are, Guardian Holdings ended with 6,400 shares trading and closing at $14.14 for a loss of 1 cent and JMMB Group with a volume of 10,300 shares being traded 3 cents lower at 50 cents.TTSE sum 2-6-15 Firm Trades| Stocks closing with prices unchanged at the end of trading are, Angostura Holdings trading 44 units at $13.90, First Citizens Bank trading 7,998 shares valued at $286,328 to close at $35.80. Guardian Media with 546 shares closed at $19.76, National Enterprises with 5,540 shares closed at $17.20, Prestige Holdings ended with just 10 shares changing hands at $9.90, Scotiabank traded 1,984 units at $62.54 and Scotia Investments traded 4,917 shares to close at $1.47. Scotia Investments will be reporting second quarter results on Thursday after trading.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , ,

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.

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

National Flour ends at new high

June 1, 2015 by

IC Insider Buy Rated NFM closed at a new 52 weeks high on Monday

IC Insider Buy Rated NFM closed at a new 52 weeks high on Monday

Trading on the Trinidad Stock Exchange ended with 10 securities changing hands of which 1 advanced, 3 declined and 6 traded firm with a total of 239,670 units, valued at $4,595,311.
At the close of the market, the Composite Index rose 0.03 points to close at 1,159.95, the All T&T Index rose by just 0.19 points to close at 1,968.86 and the Cross Listed Index fell by a mere 0.02 points to end at 46.06.
Gains| National Flour Mills was the only stock increasing in price at the close, with 2,770 shares changing hands, to gain of 8 cents at $1.85, for a new 52 weeks’ high.
Declines| The stocks declining at the end of trading are, National Commercial Bank contributing 6,000 shares while losing 19 cents to close at $1.71, Point Lisas with 1,075 shares trading and closing at $3.80 for a loss of 1 cent and Scotia Investments traded 23,500 shares to close 2 cents lower at $1.47. TTSE 1-6-15 Firm Trades| Stocks closing with prices unchanged at the end of trading are, Ansa McAl trading 60 units at $67.05, Clico Investment Fund traded 185,764 units valued at to end at $22.55, First Citizens Bank trading 7,703 shares valued at $275767 to close at $35.80. Massy Holdings with 587 shares closed at $64.10, Prestige Holdings ended with just 100 shares changing hands at $9.90 and Trinidad Cement traded 12,111 units at $2.80.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , ,

Kremi leads them

May 29, 2015 by

Caribbean Cream is leading trading with 1.3 million units JSE int 29-5-15trading out of a total of 2.46 million units of that have traded with an hour and a half of trading. Investors were responding to the company’s audited accounts showing a 62 percent increase in profit versus 40 percent shown in the preliminary interim report earlier. The Jamaica Stock Exchange had 22 securities trading at 11 on Thursday accounting for 2.5 million units. The All Jamaican Composite Index is up 465.03 points 109,293.92, the JSE index is at 98,731.22 gained 416.04 points and the junior market index rose 2.16 to 872.56 so far 7 stocks recorded gains versus 3 that are down including Palace which fell 20 to $60 with small volume. There were 6 securities traded in the junior market and 16 in the main and US dollar market
In trading, Carreras traded 48,324 with the price rising to $50 from $49 on Thursday after the company announced a $2 dividend, there is currently a bid to buy at $50.11. Barita Investments traded 134,024 shares at $2.50, Jamaica Money Market Brokers 7.50% preference share traded 429,000 units at $2.30, Jamaica Money Market Brokers 8.75% preference shares 370,000 units at $3.02.

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

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.

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

Carreras pays $2 Mayberry 20 cents

May 28, 2015 by

Carreras_tobacco150x150 Carreras declared an interim dividend of two dollars ($2) per share unit, payable on June 25, 2015 to shareholders on record as at June 11, 2015. The X-date is June 9. The company paid an interim dividend of $1.60 per share payable on March 12, 2015
Dividends paid prior to the one in March are, $1 per stock on December 18, and an interim dividend of $1.20 per stock unit on December 11, 2014. In September, last year Carreras paid an interim dividend of $1.20 per stock unit, $1.75 per stock unit was paid on June 26. A special capital cash distribution of $1.34 per stock unit was paid on July 31.
Mayberry Investments declared a dividend of twenty cents per share (20 cents), payable on June 17, 2015 to shareholders on record as at June 10, 2015. The X-date is June 8. The company last paid a dividend of 12 cents per share on June 18, 2014.
mayberrylogo136pxBoard of Directors of JMMB Group will convene a meeting on Monday June 1, 2015 to consider an interim dividend payment to ordinary shareholders.
Jamaica Money Market Brokers the forerunner to JMMB Group last paid a dividend of 16 cents per ordinary on December 16, 2014, prior to that the company paid a dividend of 17 cents per ordinary share on June 26, last year.

Filed Under: Breaking News, Company News, Dividends Tagged With: , ,

Bullishness intact as 16 stocks rise

May 27, 2015 by

Gleaner Traded 3.7 million shares to close at 96 cents

Gleaner Traded 3.7 million shares to close at 96 cents

Activity on the Jamaica Stock Exchange, resulted in the prices of 16 stocks rising, 13 declining as 37 securities changed hands, ending with 7,586,383 units trading, valued at $25,926,559, and 4 stocks closed at new 52 weeks high and 1 at 52 weeks’ low, in all market segments.
TheJSE Market Index gained 195.74 points to 97,693.98, theJSE All Jamaican Composite index rose 218.85 points to close at 108,134.55 and the JSE combined index put on 298.44 points to end at 99,979.62.
JSE sum 27-7-15 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.
The following stocks closed in the main market at new 52 weeks high Barita Investments at $2.70, Hardware & Lumber at $12.08 and Radio Jamaica at $3.
In trading, Berger Paints ended with 10,057 shares changing hands to close 40 cents higher, at $3, Cable & Wireless closed with 29,546 shares trading for 1 cent lower at 49 cents, Gleaner traded 3,724,340 shares to end lower by 11 cents at 96 cents. Hardware & Lumber gained $1.83 to a new 52 weeks’ high of $12.08 with 33,999 units trading, Jamaica Broilers concluded trading with 55,845 shares changing hands to close 25 cent up at $5.50. Jamaica Money Market Brokers 7.50% preference shares close with 434,935 units trading at $2.30, Jamaica Money Market Brokers 8.75% preference shares finished trading with 30,000 at $3.02, JSe fn qts 27-5-15JMMB Group lost 45 cents as 6,094 shares changed hands at $8.55. Mayberry Investments contributed 124,080 units to trading at $3, National Commercial Bank ended trading with 97,412 shares and gained 5 cents to $29.57, Pan Jamaican Investment had 8,935 shares changing hands to close 42 cents higher, at $59.01. Radio Jamaica gained 25 cents with 24,497 shares trading at $3, Sagicor Group contributed 473,884 units in trading but lost 80 cents at $11.20. Sagicor Real Estate Fund closed trading with 178,000 units, 40 cents lower at $7.10. Scotia Group ended trading with 228,571 shares with a 15 cents gain to $25.50, Scotia Investments closed with 1,500 shares changing hands to close 45 cents up at $26.30, Sterling Investments finished trading with 57,140 shares trading at $13.39 for a loss of 1 cent and Supreme Ventures saw trading in 52,020 units to close 35 cents down at $3.60.

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