In Thursday’s trading on the Jamaica Stock Exchange the prices of 10 stocks rose, 5 declined as 25 securities traded resulting in only 1,688,152 shares changing hands valued at a mere $4,985,668.
Main Market| 6 companies in the main market recorded gains following yesterday’s moderate recovery, 4 declined with the indices recording moderate gains as the JSE Market Index rose 462 points to 70,857.65 and the JSE All Jamaican Composite index recovered 516.61 points to close at 77,939.93.
Gains| Stocks recording gains at the end of trading in the main market are Cable & Wireless with 230,108 units changing hands with a cent increase to close at 28 cents, Caribbean Cement 14,250 shares to close up by 34 cents at $2.85, Carreras 500 shares to close with a gain of 50 cents to $34, Desnoes & Geddes 100 shares to close at $4.45 with a 15 cents gain, Grace Kennedy with 6,600 units closed at $54.01, just a cent ahead of the previous day’s close and Scotia Investments 17,000 shares to close with an increase of $2.49 to end at $25.49.
Firm| There were only 5 stocks in the main market to close without a change in price with Jamaica Broilers trading 18,000 shares in closing at $4.75, Jamaica Money Market Brokers 25,000 units and closed at $7, Jamaica Money Market Brokers 7.50% preference share, traded 50,000 units and closed at $2 and the 8.75% preference share 152,194 units and closed at $3.03 as National Commercial Bank put in 32,397 units and closed at $17.50.
Declines| The number of stocks that declined in the main market are Jamaica Money Market Brokers 8.50% preference share with 10,000 units as the price closed with a loss of a cent to end at $3.50, followed by Mayberry Investments with 428,310 shares as the price closed at $1.65 with a 6 cents decline for a new 52 weeks low, Sagicor Group with 12,555 shares to close at $8.90 for a 10 cents drop and Scotia Group 37,016 units as the price ended at $19 with a fall of 30 cents.
Junior Market| The JSE Junior Market Index rose by 2.74 points to close at 723.04 as 10 stocks traded with 4 advancing and one declining.
Gains| Stocks recording gains at the end of trading in the junior market are Blue Power with 10,202 units to close at $9.10 with an increase of 9 cents, Caribbean Producers with 30,388 units changing hands to close at $2.75 for 10 cents gain, Lasco Financial 5,915 shares as the price rose 2 cents to end at $1.15 and Lasco Manufacturing with 313,059 units to close at $1.10 with a 5 cents gain.
Firm Trades| 5 stocks in the junior market traded to close at the same price as the day before with Cargo Handlers trading 4,227 units to close at$14.01, Derrimon Trading with 20,450 units to finish at $2.28, Dolphin Cove 1,500 shares to close at $8.50, Lasco Distributors exchanging 126,839 shares to close at $1.35 and Medical Disposables closing with 121,542 shares at $2.
Declines| Jamaican Teas with 20,000 shares changing hands while losing 28 cents as the price settled at $3.21 was the only stock declining in the junior market at the end of trading.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than the last selling price and 5 stocks with offers that were lower.
Market records more gains
Market enjoys small recovery
In today’s trading on the Jamaica Stock Exchange the prices of 6 stocks rose and 8 declined compared with to 5 advancing to 14 falling on the previous trading day. Overall 26 securities traded resulting in 6,005,633 shares trading valued at $34,810,227.
Main Market| 4 companies in the main market increased and 6 declined as the indices moved up marginally with the JSE Market Index inching up by 118.63 points to 70,395.65 and the JSE All Jamaican Composite index advanced by 132.65 points to close at 77,423.32.
Gains| Stocks recording gains at the end of trading in the main market are Grace Kennedy with 73,961 shares to close with a gain of 50 cents at $54, Kingston Wharves with 500 units changing hands and closed at $5.04 with a 4 cents gain, Sagicor Group with 12,380 shares in closing at $9 for a gain of 25 cents and Scotia Group 229,226 units to close at $19.30, up by 30 cents.
Firm| There were only 8 stocks in the main market to close without a change in price are Desnoes & Geddes 106,929 shares closing at $4.30, Gleaner with 1,000 units in closing at $1.10, Jamaica Money Market Brokers 8.75% preference share with 1,294,783 units in closing at $3.03, Kingston Properties 264,965 shares with the price closing at $3.50, Mayberry Investments 62,000 shares while closing at $1.71, Pan Jamaican Investment with 63,526 shares closing at $48.20, Sagicor Real Estate Fund 31,700 units to close at $6.50 and Supreme Ventures 51,000 shares as the price finished at $2.01.
Declines| The number of stocks that declined in the main market are Berger Paints with 117,000 units and closed at $1.66 for a one cent gain, Cable & Wireless 1,185,108 shares to close down 3 cents at 27 cents, Caribbean Cement 4,607 shares as the price dipped 49 cents in closing at $2.51, Jamaica Money Market Brokers with 2,112,342 units to close down 10 cents at $7, National Commercial Bank with 47,985 units to end with a 50 cents decline at $17.50 and Seprod with 72,214 units changing hands at 30 cents lower at $10.50.
Junior Market| The JSE Junior Market Index gained by 11.66 points to close at720.30 as 8 stocks traded with 2 advancing and 2 declining.
Gains| Stocks recording gains at the end of trading in the junior market are Dolphin Cove with 2,000 at $8.50 with a gain of 40 cents at the end and Lasco Manufacturing that traded 42,000 units to close at $1.05, up by 5 cents.
Firm Trades| 4 stocks in the junior market stocks that traded to close at the same price as the day before with Access Financial trading 5,000 units at $12, Caribbean Producers with 24,955 units at $2.65
General Accident Insurance 122,372 units at $1.50 and Medical Disposables 3,800 units at $2.
Declines| Stocks declining in the junior market at the end of trading are Lasco Distributors with 71,280 shares to close with a 5 cents fall to $1.35 and Lasco Financial with only 3,000 shares as the price closed at $1.13 and was off by 2 cents.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than the last selling price and 5 stocks with offers that were lower.
More pension realignment sales
Prices slipped further In Tuesday’s trading on the Jamaica Stock Exchange as Scotia Investments as broker sold most of the major stocks that fell in price as the prices of only 5 stocks rose and 14 declined as 26 securities traded resulting in 16,284,114 shares trading valued at $156,443,054 and with two stocks hitting 52 weeks lows.
Main Market| 10 companies in the main market declined as the indices moved down sharply for yet another day as the pension fund realignment sales continued into Tuesday and the JSE Market Index fell by 1,078.83 points to 70,277.02 and the JSE All Jamaican Composite index dropped 1,206.33 points to close at 77,290.67, the lowest since the index closed at 77,377.08 on 18th of December last year. IC Insider gathers that the sales relating to the realignments exercise ended with the close of trading.
Gains| Stocks recording gains at the end of trading in the main market are Jamaica Broilers trading 9,499 shares to close with a gain of 5 cents at $4.75, National Commercial Bank gained $1 to close at $18 while 565,930 units changing hands as the vast majority of the shares traded at $17, Pan Jamaican Investment traded 338,806 shares to end 15 cents higher at $48.20 and Supreme Ventures had just 1,000 shares changing hands to close up by a cent at $2.01.
Firm| There were only 4 stocks in the main market to close without a change in price with Berger Paints trading only 300 units to close at $1.67, Jamaica Money Market Brokers trading 13,453 stock units to close at $7.10, Kingston Wharves 5,018 shares to close at $5 and Radio Jamaica with a mere 126 units to close at$1.29.
Declines| The number of stocks that declined in the main market are Cable & Wireless with 300,846 shares closing at 30 cents after the company reported a loss for the 12 months to March of $3.5 billion from $18.4 billion in revenues, the loss includes a staff separation cost of $1.5 billion. Carreras traded 148,816 shares as the price closed by shedding $1.76 to end at $33.50, Desnoes & Geddes 676 shares closing 20 cents lower at $4.30, Grace Kennedy closed with a $1.50 loss while trading 20,915 shares in closing at $53.50, a new 52 weeks low, Kingston Properties traded 32,835 units and closed at $3.50 as the price slipped 50 cents, to end at a 52 weeks slow, Sagicor Group saw 13,546,391 units going through the market with the price closing down 25 cents at $8.75, Sagicor Real Estate Fund lost 10 cents in trading 77,940 units and closed at $6.50 followed by Scotia Group with 97,720 shares to close off 30 cents at $19, Scotia Investments 25,000 units resulted in a close at $23 for a 10 cents fall and Seprod had a mere 211 units changing hands and closed at $10.80 for a decline of 20 cents.
Junior Market| The JSE Junior Market Index declined by 22.33 points to close at 708.64 as 8 stocks traded with one advancing and 4 declining.
Gains| Caribbean Cream was the sole junior market stock to record a gain at the end of trading with 1,400 units changing hands to close up by 4 cents at 74 cents.
Firm Trades| 3 stocks in the junior market that traded to close at the same price as the day before with Dolphin Cove trading 3,000 units to end at $8.10, Medical Disposables traded 800,000 units to close at $2 and Lasco Distributors 50,610 units to close at $1.40.
Declines| Stocks declining in the junior market at the end of trading are Blue Power with 11,122 shares in closing at $9.01 for a 9 cents fall, Caribbean Producers 25,000 units to close 10 cents lower at $2.65, Jamaican Teas 100,000 shares to close with a cent shaved off the price at $3.49 and Lasco Manufacturing 107,500 stock units to end 12 cents lower at $1.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than the last selling price and 5 stocks with offers that were lower.
Declines more than gains
In Thursday’s trading on the Jamaica Stock Exchange the prices of 4 stocks rose, 6 declined and 14 traded remained unchanged as 24 securities traded resulting in 13,949,574 shares trading valued at $90,497,198.
Main Market| 4 companies in the main market advanced and 3 declined as the indices lost ground with the JSE Market Index inching fell by 571.31 points to 72,281.01 and the JSE All Jamaican Composite index lost 638.83 points to close at 79,531.48.
Gains| Stocks recording gains at the end of trading in the main market are Cable & Wireless trading 300,000 shares to close with a gain of 5 cents at 39, Jamaica Broilers 4,019,136 shares valued at $18,899,952 and closed 5 cents higher at $4.75, Scotia Group gained 2 cents to close at $19.60 with 139,656 shares changing hands and Seprod with only 1,000 units to close up 5 cents at $10.80.
Firm| There were 8 stocks in the main market to close without a change in price Berger Paints with 3,480 shares units in closing at $1.67, Caribbean Cement 1,133 shares with the price closing at $3, Carreras with 6,295 shares to close at $35.80, Jamaica Money Market Brokers 7.50% preference share, 347,829 units in closing at $2, Proven Investments 300 shares while closing at 18US cents, Radio Jamaica 7,025 units in closing at $1.29, Scotia Investments 665 shares to close at $23.50 and Supreme Ventures 45,900 units in closing at $2.
Declines| The number of stocks that declined in the main market are Jamaica Money Market Brokers with 167,634 shares to close at $7.10 while falling 11 cents, National Commercial Bank traded 38,099 units to end at $17.56 with 24 cents fall and Sagicor Group 5,351,670 units valued at $49,768,031 to close with a 20 cents fall to $9.30.
Junior Market| The JSE Junior Market Index declined by 4.79 points to close at 731.71 as 9 stocks traded with none advancing and 3 declining.
Firm Trades| The stocks in the junior market stocks that traded to close at the same price as the day before are Access Financial with 3,005 shares to close at $12, Caribbean Cream 50,000 units in closing at 73 cents, Caribbean Flavours 1,936 shares with the price ending at $2.50, Caribbean Producers only 1,072 units in closing at $2.75, Knutsford Express with 3,019,025 shares valued at $15,577,980 to close at $5.16 and Lasco Distributors with 7,504 units in closing at $1.40.
Declines| Stocks declining in the junior market at the end of trading are Consolidated Bakeries 289,710 units to close at 80 cents for a new 52 weeks low as the price slipped by 10 cents, Lasco Financial with 43,000 units to end at $1.15 with a 10 cents decline and Lasco Manufacturing with 104,500 units to close a cent down at $1.14.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than the last selling price and 3 stocks with offers that were lower.
Barita Trades 15m shares
Trading on the Jamaica Stock Exchange picked up on Wednesday as 29 securities traded and the level of trading increasing helped by 15 million units of Barita going through the market as Barita Investments brokered the one trade as a cross, on behalf of a client. The prices of 8 stocks rose and 9 declined resulting from 19,575,074 shares changing hands valued at $57,957,342.
Main Market| Only 3 companies in the main market advanced and 7 declined as the indices moved up with the JSE Market Index gaining 155.03 points to 72,852.32 and the JSE All Jamaican Composite index increasing 173.35 points to close at 80,170.31.
Gains| Stocks recording gains at the end of trading in the main market are Cable & Wireless in trading 38,081 shares to close with a one cent gain at 35 cents. Investors should a get a glimpse as to the performance of the local Cable & Wireless performance as CWC PLC is scheduled to release full year results on the 22nd of May at 9.30 AM British time. Carreras gained $1.05 to close at $35.80 with 10,018 units changing hands and Sagicor Group traded 974,350 in only two trades to close up 20 cents at $9.50.
Firm| There were 9 stocks in the main market to close without a change in price as Berger Paints with just 1,519 shares closed at $1.67, Gleaner traded 16,000 stock units and closed at $1.10, Jamaica Broilers 1,864 units and closed $4.70, Jamaica Money Market Brokers 7.50% preference shar, 28,000 units to close at $2 with the 8.75% preference share having 2,069,833 units changing hands at $3.03, Jamaica Producers 70,827 shares to close at $18.26, Mayberry Investments 6,018 shares and closed at $1.77 followed by Radio Jamaica with 7,800 units as the price closed at $1.29 and Sagicor Real Estate Fund with 342,142 shares to close at $6.60.
Declines| 7 stocks with plus one in the US dollar market declined on Wednesday in the main market with Barita Investments trading 15,000,000 shares while losing a cents to end at $2.29, Caribbean Cement with 297,600 units to close at $3 after falling by 30 cents as investors react negatively to the company’s recent disappointing March quarter results showing profit of only $35 million or just 4 cents per share, while sales volumes were up over the 2013 quarter. Jamaica Money Market Brokers traded 25,206 ordinary shares and closed down by 5 cents to $7.21, Margaritaville ordinary shares traded 1,700 units to end at US$0.115 for a .05 cents drop, National Commercial Bank price lost 20 cents in trading 27,722 units to close at $17.80, while Pan Jamaican Investment exchanged 7,680 shares to close at $48.05 while falling 5 cents, Salada Foods traded 2,400 units as the company is reporting a bad period of declining sales revenues and falling profits of $28 million for the half year to March versus $55 million in 2013, with the price dropping 10 cents to $7.80 and Scotia Group ended up with 28,057 units changing hands to close with a 12 cents loss at $19.58.
Junior Market| The JSE Junior Market Index advanced by 7.38 points to close at 736.50 as 9 stocks traded with 5 advancing and only one declining.
Gains| Stocks recording gains at the end of trading in the junior market are Access Financial with 9,000 units to close at $12, up 50 cents, Caribbean Producers with 244,816 units to close with a 2 cents gain at $2.75, Jamaican Teas 80,000 shares to close 5 cents higher at $3.50 followed by Lasco Financial with50,000 units to close at $1.25 for a gain of 10 cents and Lasco Manufacturing 147,016 shares to close a cent higher at $1.15.
Firm Trades| 3 stocks in the junior market stocks that traded to close at the same price as the day before Blue Power with 910 shares traded and closed at $9.10, Dolphin Cove 3,270 shares to close at $8.10 and Lasco Distributors 58,245 units as the price ended at $1.40.
Declines| There was just one stock declining in the junior market at the end of trading with Consolidated Bakeries trading 25,000 shares to close down 2 cents at 90 cents.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than the last selling price and 3 stocks with offers that were lower.
6 up 6 down on JSE
In Monday’s trading on the Jamaica Stock Exchange the prices of 6 stocks rose and 6 declined with only 22 securities traded, resulting in 3,971,989 shares changing hands valued at $29,955,354.
Main Market| The prices of 5 companies in the main market rose and 5 declined as the indices moved down with the JSE Market Index falling by 252.47 points to 73,129.50 and the JSE All Jamaican Composite index erasing 282.31 points to close at 80,480.24.
Gains| Stocks recording gains at the end of trading in the main market are, Barita Investments with 30,000 shares to close 30 cents higher at $2.30, Cable & Wireless with 745,680 units changing hands as the price gained a cent to close at 32 cents, Carreras closed up by $1.20 to end at $35.95 with 51,728 shares changing hands, Gleaner’s price put on a cent while trading 4,665 units to close at $1.11 and Scotia Group traded 933,985 units as the price gained 14 cents to end at $19.70.
Firm| There were 7 stocks in the main market that closed without a change in price as Grace Kennedy with 37,200 shares closed at $55, Jamaica Broilers exchanged 5,920 units to close at $4.70, Jamaica Money Market Brokers 8.75% preference share traded 231,500 units to close at $3.03, Mayberry Investments put through 23,356 shares to close at $1.75, National Commercial Bank had 74,558 shares trading to close at $18, Sagicor Group with 88,440 shares in closing at $9.25 and Seprod with 35,000 shares as the price ended at $10.75.
Declines| The number of stocks declining in the main market are Caribbean Cement with 330,768 shares while losing 5 cents to end at $3.50. Jamaica Money Market Brokers traded 29,800 ordinary shares as the price eased 4 cents to $7.26, Kingston Wharves traded 11,823 shares to close 50 cents off, at $5, followed by Pan Jamaican Investment with 17,272 units to close at $48.50 with a 10 cents decline and Pulse Investments with 400,000 shares at a new 52 weeks low of 30 cents as the price dropped 50 percent or 30 cents.
Junior Market| The JSE Junior Market Index declined by 2.69 points to close at 725.56 as only 5 stocks traded with one advancing and one declining.
Gains| Lasco Distributors was the sole stock to gain in the junior market on Monday with 100,200 units to close at $1.40 up by 5 cents.
Firm Trades| The stocks in the junior market that traded to close at the same price as the previous trading day are Caribbean Producers with 158,094 units at $2.73, Lasco Financial Services 500,000 shares to close at $1.11 and Lasco Manufacturing with 62,000 shares to end at $1.15.
Declines| Only one stock declined in the junior market at the end of trading with Jamaican Teas exchanging 100,000 units to close at $3.21 having lost 29 cents.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had only 2 stocks with the bid higher than the last selling price and 7 stocks with offers that were lower.
Main market closes week up slightly
In Friday’s trading on the Stock Exchange, the prices of 4 stocks rose and 8 declined as 24 securities traded resulting in 6,969,870 shares changing hands, valued at $58,489,956. Main Market| Only 4 companies in the main market advanced in price and 3 declined as the indices closed up with the JSE Market Index rising by 319 points to 73,381.97 and the JSE All Jamaican Composite index gaining 356.70 points to close at 80,762.55.
Gains| Stocks recording gains at the end of trading in the main market are Cable & Wireless with 17,115 units changing hands to close at 31 cents with a one cent gain, Caribbean Cement with 16,500 stock units to close at $3.55, up by 4 cents, Kingston Wharves 8,396 shares to close at$5.50 for a 50 cents gain and Scotia Investments with 2,200 shares to close up by $1 at $25.50.
Firm| The stocks in the main market to close without a change in price are Berger Paints with 50,444 shares to close at $1.67, Carreras with 3,650 stock units to close at $34.75, Grace Kennedy 2,000 stock units to close at $55, Hardware & Lumber 4,000 shares to close at $10.20, Jamaica Money Market Brokers 8.75% preference share, 145,400 units to end at $3.03, Mayberry Investments 2,761 units to close at $1.80, Pan Jamaican Investment 1,000 shares to close at $48.60, Proven Investments 900 ordinary shares to close at 18 US cents and Proven Investments 8% preference share with 5,000 units to end at $5.09.
Declines| The number of stocks that declined in the main market are Barita Investments with 52,500 shares while closing at $2 with a 30 cents fall, Jamaica Broilers 3,000,000 units and closed at $4.70 with a one cent loss and Jamaica Money Market Brokers with 231,503 ordinary shares to close at $7.30 down by 11 cents.
Junior Market| The JSE Junior Market Index declined by 5.06 points to close at 728.25 with only 6 stocks traded, none advanced and 3 declined.
Firm Trades| Stocks in the junior market that traded to close at the same price as the day before are Access Financial with 4,900 shares to end at $11.50, Dolphin Cove with 5,529 units and closed at $8.10, Paramount Trading 32,722 units to close at $2.68.
Declines| Stocks declining in the junior market at the end of trading are Caribbean Producers that traded 220,900 units to close at $2.73 down 2 cents, General Accident with 19,798 shares to close at $1.49 with a loss of a cent and Lasco Manufacturing with 16,800 stock units to close at $1.15 with a 1 cent fall.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than the last selling price and 5 stocks with offers that were lower.
Advancing stocks ahead at JSE
In Thursday’s trading on the Jamaica Stock Exchange, the prices of 9 stocks rose and 4 declined as 27 securities traded resulting in 2,717,621 shares changing hands valued at a mere $4,692,842.
Main Market| Six companies in the main market advanced and only two declined as the indices inched forward with the JSE Market Index closing up by 84.04 points to 73,062.97 and the JSE All Jamaican Composite index gaining 93.97 points to close at 80,405.85.
Gains| Stocks recording gains at the end of trading in the main market are Caribbean Cement that traded 100 shares to close with a gain of a cent, at $3.51, Desnoes & Geddes gained 10 cents to close at $4.50 with 373,319 units changing hands, Jamaica Money Market Brokers with only 322 units to close at $7.41 for a 6 cents rise, Pan Jamaican Investment with 1,819 shares to close at $48.60, up by 40 cents, Sagicor Group with 20,627 shares in closing at $9.50 for a gain of 15 cents and Scotia Group 32,000 shares in closing with a 30 cents gain at $20.
Firm| Stocks in the main market to close without a change at the close of the market are Berger Paints which traded with 7,799 units and closed at $1.67, Cable & Wireless 1,584,764 shares to close at 30 cents, Carreras 100 units to close at $34.75, Jamaica Broilers 6,669 shares to close at $4.71, Jamaica Producers 4,100 stock units, to close at $18.26, Kingston Wharves 2,000 shares to close at $5, Mayberry Investments, 12,239 shares to close at $1.80, National Commercial Bank 2,200 stock units to close at $18, Proven Investments 2,000 ordinary shares to close at 18 US cents, Proven Investments 8% preference share, 76,800 units to close at $5.09, Sagicor Real Estate Fund 4,417 units to close at $6.60 and Supreme Ventures 9,835 shares to close at $2.10.
Declines| The number of stocks that declined in the main market are Ciboney with 9,880 shares while losing 2 cents to end at 10 cents and Hardware & Lumber with 20,015 shares to close at $10.20 with a fall of $1.60.
Junior Market| The JSE Junior Market Index edged up by 0.46 points to close at 733.31 as 7 stocks traded with 3 advancing and 2 declining.
Gains| Stocks recording gains at the end of trading in the junior market are Caribbean Cream trading 70,000 units to close up a cent at 73 cents followed by Lasco Financial Services with 20,350 shares to close at $1.11 with a rise of 3 cents and Lasco Manufacturing 109,110 units to close at $1.16, with 16 cents gain.
Firm Trades| 2 junior market stocks traded with the price unchanged at the end of trading with KLE Group having 36,933 units changing hands at 93 cents and Lasco Distributors 249,100 shares to close at $1.35.
Declines| Stocks declining in the junior market at the end of trading are Cargo Handlers with 223 units at $14.01 as the price slipped by 30 cents and Caribbean Producers 60,900 shares to close at $2.75 with the price ending lower by 25 cents.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than the last selling price and 8 stocks with offers that were lower.
Little price movements on Wednesday
In Wednesday’s trading on the Jamaica Stock Exchange the prices of 4 stocks rose and 3 declined as only 20 securities traded resulting in 7,422,171 shares changing hands valued at $29,572,563.
Main Market| On a day when few stocks recorded price changes, only 3 companies in the main market advanced and 3 declined as the indices moved down marginally with the JSE Market Index slipping by 40.55 points to 72,978.93 and the JSE All Jamaican Composite index easing 45.34 points to close at 80,311.88.
Gains| Stocks recording gains at the end of trading in the main market are National Commercial Bank with 6,320 shares to close with a gain of 25 cents at $18, Pan Jamaican Investment had 35,274 changing hands to close up by 14 cents to end at $48.20 and Sagicor Real Estate Fund with 20,100 units, closed with a 10 cents gain at $6.60.
Firm| 11 stocks in the main market closed without a change in price as Berger Paints traded 55,000 shares in closing at $1.67, Cable & Wireless traded 640,000 units and closed at 30 cents, Caribbean Cement 42,175 units to close at $3.50, Carreras 79,670 shares to end at $34.75, Desnoes & Geddes 400 shares to close at $4.40. Jamaica Money Market Brokers 7.50% preference share, 700,000 units at $2 and the 8.75% preference share traded 1,839,490 units at $3.03, Sagicor Group 798,136 units to close at $9.35, Scotia Group with 45,660 shares to close at $19.70, Scotia Investments 5,010 shares at $24.50 and Supreme Ventures 2,789,233 units to close at $2.10.
Declines| The stocks that declined in the main market are Jamaica Money Market Brokers with 7,382 units while losing 5 cents to end at $7.35, Kingston Properties with 13,500 shares to close with a 10 cents loss at $4 and Kingston Wharves with 80,504 shares as the price closed at $5 with a fall of 75 cents.
Junior Market| The JSE Junior Market Index declined by 0.34 points to close at 732.85 as only 3 stocks traded with 1 advancing and none declining.
Gains| Caribbean Producers was the only stock gaining at the end of trading in the junior market as 54,733 units traded to close at $3, up a cent.
Firm Trades| The stocks in the junior market that traded to close at the same price as the trading day before are Access Financial with 207,002 units at $11.50 and Dolphin Cove that closed at $8.10 with 2,582 units changing hands.
Declines| There were no stocks declining in the junior market at the end of trading on Wednesday.
IC bid-offer Indicator| At the close of the market the Investor’s Choice bid-offer indicator had 8 stocks with the bid higher than the last selling price and 6 stocks with offers that were lower.
Main indices up but junior eases
In Tuesday’s trading on the Jamaica Stock Exchange the prices of 8 stocks rose, 11 declined as 31 securities traded resulting in 7,099,320 shares changing hands valued at $45,025,458.
Main Market| Seven (7) companies in the main market rose, 5 declined as the indices moved up with the JSE Market Index gaining 526.88 points to 73,019.48 and the JSE All Jamaican Composite index moving up 589.14 points to close at 80,357.22.
Gains| Stocks recording gains at the end of trading in the main market are Carreras trading 60,623 shares to close with a gain of 75 cents at $34.75, Jamaica Money Market Brokers 5,000 units to close at $7.40 with a 10 cents gain, Radio Jamaica with 4,462 shares to close with a gain of a cent at $1.29, Sagicor Group with 534,732 units to close with a gain of 20 cents at $9.35, Sagicor Real Estate Fund 119,402 shares to close 20 cents higher at $6.50, Scotia Group 357,781 units to close at $19.70 as the price rose by 19 cents and Scotia Investments 9,780 shares to close with a gain of $1.40 at $24.50.
Firm| 7 main market stocks closed without a change in price as Berger Paints with 7,899 shares closed at $1.67, Cable & Wireless with 1,076,240 units closed at 30 cents, Jamaica Broilers 482,878 shares to close at $4.71, Jamaica Money Market Brokers 7.50% preference share 75,000 units and closed at $2, Jamaica Producers 5,201 shares to close at $18.26, Kingston Wharves 8,106 units as the price closed at $5.75 and Mayberry Investments 2,040 shares to close at $1.75.
Declines| The stocks that declined in the main market are Caribbean Cement with 3,036 shares trading while losing 10 cents to end at $3.50, Desnoes & Geddes with 3,002,000 shares in closing at $4.40 for a 9 cents loss, Grace Kennedy 14,320 units to close at $55 with a loss of $1.50, National Commercial Bank 512,600 shares to close at $17.75, down by 35 cents, and Seprod with 40,667 units in closing at $10.75 for a 50 cents decline.
Junior Market| The JSE Junior Market Index declined by 2.45 points to close at 733.19 as 12 stocks traded with 1 advancing and 6 declining.
Gains| Blue Power traded 200,000 shares to close 9 cents higher at $9.10 as was the only junior market stock to rise.
Firm Trades| Stocks in the junior market stocks that traded to close at the same price as the day before are Access Financial with 24,575 units changing hands to close at $11.50, AMG Packaging with 5,558 units at $3.49, Derrimon Trading with 286,000 shares to close at $2.28, Knutsford Express traded 3,020 units to close at $5.17 and Lasco Distributors 41,000 units in closing at $1.35.
Declines| Stocks declining in the junior market at the end of trading are Cargo Handlers with 220 units at $14.31 with a fall of 4 cents, Caribbean Cream with 12,530 units to close with a fall of 7 cents at 72 cents, Caribbean Producers with 32,900 shares to close at $2.99 with an fall of 11 cents, Dolphin Cove 19,700 units at $8.10 for a 10 cents decline, Lasco Manufacturing 128,850 shares to end with a fall of 14 cents at $1 and Medical Disposables with 23,200 units in closing at $2 for a 4 cents fall.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 8 stocks with the bid higher than the last selling price and 8 stocks with offers that were lower.