Jamaica Producers

Six stocks rose nine fell on JSE

March 19, 2015 by IC Insider.com

NCB closed in T&T at J$28 equivalent on Thursday and $24.51 in Kingston

Thursday’s activity on the Jamaica Stock Exchange, resulted in the prices of 6 stocks rising, 9 declining as 22 securities changed hands, ending in 4,999,406 units trading, valued at $37,729,585, in all market segments.
strong> Main Market| The JSE Market Index gained 30.62 points to 82,563.78, the JSE All Jamaican Composite index rose 34.24 points to close at 91,028.44 and the JSE combined index declined 41.04 points to close at 84,253.49.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 12 stocks with bids higher than their last selling prices and 5 stocks with offers that were lower.
Gains| Stocks gaining with last traded prices, at the close of the main market are, Carreras closing with 137,420 shares changing hands, 1 cent higher to $38.01, Mayberry Investments concluded trading with 939,109 shares changing hands at 4 cents gain to $2.40, National Commercial Bank (NCB) finished with 200,147 shares changing hands and climbed 56 cents to $24.71. NCB traded at the equivalent of $28 in Trinidad on Thursday. Sagicor Group closing with 405,350 shares while gaining 2 cents to $10.52 and Scotia Investments finishing trading with 10,000 units to close with a gain of $1 at $23.
Firm| The stocks in the main market to close without a change in the last traded prices are, Grace Kennedy closing with 11,227 units at $61, Kingston Wharves had dealing in 2,000 shares at $6.40, Proven Investments contributed 3,500 shares at 18 US cents.

Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Cable & Wireless finishing with 300,000 units to close lower by 3 cents to 50 cents, Desnoes & Geddes closing with 1,546,034 units, the price slipped 10 cents to $5.30, Jamaica Broilers concluding trading with 30,506 units as the price fell 30 cents to $4.20. Jamaica Money Market Brokers in trading 73,181 ordinary shares, lower by 8 cents to $6.92, Jamaica Producers finishing trading with 7,377 shares closed with a loss of 95 cents to $16 and Scotia Group ending trading with 410,525 shares traded with a loss of 27 cents to $20.83.
Preference| Jamaica Money Market Brokers 7.50% preference share traded 10,814 at $2 and Jamaica Money Market Brokers 8.75% preference share had 573,150 units changing hands at $3.

Filed Under: JSE Main Market, Stock Market Tagged With: C&WJ, Carreras, D&G, Daily Trading, Grace Kennedy, Jamaica Broilers, Jamaica Producers, JMMB, Kingston Wharves, Mayberry, NCB, Pan Jam, Proven, Sagicor, Scotia, Scotia Investments

Carreras price hit by cigarette tax

March 13, 2015 by IC Insider.com

Peter Phillips raised SCT on cigarette by 11.4% to rake in $500m. Carreras announced a 15-20% price increase.

New tax measures announced on Thursday, hit the stock market on Friday, particularly, Carreras that had direct hit, with increased taxes on cigarettes. The company’s stock lost 7 percent at the end of trading and should set up a good buying opportunity for investors.
The day’s activity on the Jamaica Stock Exchange, resulted in the prices of 9 stocks rising, 11 declining as 27 securities changed hands, ending in 4,388,191 units trading, valued at $41,075,686, in all market segments.
Main Market| The JSE Market Index lost 637.18 points to 81,881.33, the JSE All Jamaican Composite index fell 712.40 points to 90,265.43 and the JSE combined index dropped 558.65 points to close at 83,731.11.
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 5 stocks with offers that were lower, an indication of fluidity in price movements for a while.
Gains| Stocks gaining at the last traded prices in the main market are, Grace Kennedy closing with 5,694 shares rising 20 cents to $61, Jamaica Broilers finishing trading with 38,636 shares, while gaining 2 cents to $4.02. Mayberry Investments in trading 85,000 shares, closed with a gain of 1 cent at $2.37, Sagicor Group had dealing in 2,062,222 shares and rose 8 cents to $10.50 and Scotia Group contributed 271,347 shares while gaining 2 cents to $20.82.
Firm| The stocks in the main market to close without a change in the last traded prices are, Desnoes & Geddes contributing 2,500 shares to trading to close at $5.50. Jamaica Money Market Brokers closed with 2,597 ordinary shares changing hands, at $7.10, Kingston Wharves saw trading in 8,301 shares, to close at $6.40 and Supreme Ventures closed with 1,550 shares at $2.30.

Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Barita Investments finishing with 1,500 units, closed lower by 5 cents at $2.20. Cable & Wireless closing with 25,000 units as the price slipped 2 cents to 51 cents, Caribbean Cement finishing trading with 19,723 units, closing lower by 5 cents to $2.25. Carreras stock price was hit by the added tax announced by the government of Jamaica and in trading with 207,543 units slipped $3 to $40, but it traded as low as $38.01 before the close. Gleaner in trading 10,000 shares ended lower by 20 cents to 90 cents, Hardware & Lumber finishing trading in 900 shares, closed 35 cents lower to $7.05. Jamaica Producers had dealing in 1,381 units with a decline of 5 cents to $16.95, National Commercial Bank while exchanging 8,674 share, traded 50 cents down to $23.50 and Scotia Investments dealt in 10,000 shares with at $2 fall to $22.
Preference| Jamaica Money Market Brokers 7.50% preference share, traded 250,000 units at $2 and Proven Investments 8% preference had 274,200 shares changing hands at 5 cents to 5.05.

Filed Under: JSE Main Market, Stock Market Tagged With: Barita Investments, C&WJ, Carreras, D&G, Desnoes & Geddes, Gleaner, Grace Kennedy, H&L, Jamaica Broilers, Jamaica Money Market Brokers, Jamaica Producers, Jamaica Stock Exchange, JMMB, Kingston Wharves, Mayberry Investments, NCB, Proven, Sagicor, Sagicor Group, Scotia, Supreme Ventures

Market falls as PanJam trades 24m shares

March 6, 2015 by IC Insider.com

Pan Jam traded 24.4m shares on Friday

Pan Jamaican Investment traded 24,401,900 for $1.3 billion but the stock price closed the day lower than the opening. Elsewhere in Friday’s activity on the Jamaica Stock Exchange, resulted in the prices of 4 stocks rising, 11 declining as 20 securities changed hands, ending in 27,214,924 units trading, valued at $1,313,031,854, in all market segments.
Main Market| The JSE Market Index dropped 1,695.24 points to 82,388.05, the JSE All Jamaican composite index dived 1,895.35 points to close at 90,831.96 and the JSE combined index sank by 1,641.84 points to close at 84,076.55.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows stocks with bids higher than their last selling prices and stocks with offers that were lower.

Mayberry closed at a new 52 weeks’ high on Friday

Gains| Stocks gaining with the last traded prices at the end of trading in the main market are, Jamaica Money Market Brokers finishing with 185,369 ordinary shares changing hands to close higher by 10 cents at $7, Mayberry Investments ending with 4,040 shares changing hands for 13 cents higher, to a new 52 weeks high of $2.49 and Sagicor Group closing with 448,460 shares trading 1 cent up to $10.31.
Firm| The stocks in the main market to close without a change in the last traded prices are, Berger Paints while exchanged 7,899 shares close at $1.55, there was dealing in 247,770 Cable & Wireless shares at 55 cents, Grace Kennedy had 3,288 shares changing hands $62 and Jamaica Producers closed with 25,000 shares to close at $17.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Caribbean Cement with 8,436 units to close lower by 1 cent at $2.31, Carreras finishing with 5,487 units as the price slipped 99 cents to $43.51, Desnoes & Geddes closed with 129,689 shares trading lower for 5 cents to $5.15. Jamaica Broilers concluding trading with 122,853 shares traded with a loss of 2 cents to $4.05, National Commercial Bank in trading 31,153 shares closed with a loss of $2 to $23.50, the stock closed on the Trinidad and Tobago Stock Exchange with a bid of $1.35 to buy 171,500 shares with no stock on offer.

In Jamaica there are only 4 offers totalling 109,000 units between $25.50 and $33 with only one offer of significance at 103,873 at $30. Pan Jamaican Investment finished trading with 24,401,900 units to fall 80 cents to $53.20, there was dealing in 94,545 units in Scotia Group with a decline of $1.39 to end at $21 after the banking group issued first quarter results that were down from the previous year’s results. Seprod contributed 48,719 and lost $1.10 to $11.90 and Supreme Ventures concluded trading with 1,065,614 shares traded with a loss of 4 cents to $2.27.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 260,600 shares to end at $3.04, Jamaica Money Market Brokers 7.50% preference share traded 24,000 units to close at $2.

Filed Under: JSE Main Market, Stock Market Tagged With: Berger Paints, C&WJ, Caribbean Cement, Carreras, D&G, Gleaner, Grace Kennedy, Jamaica Broilers, Jamaica Producers, JMMB, Mayberry, NCB, Pan Jam, Sagicor, Scotia, Supreme Ventures

JSE make big daily gains again

March 5, 2015 by IC Insider.com

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National Commercial Bank gained $2.50 and Scotia Group $2.39 to help the Jamaica stock market to close at a two and a half year high on Thursday, resulting from the prices of 13 stocks rising and only 4 declining as 23 securities changed hands, ending in 6,535,906 units trading, valued at $19,861,234 in all market segments.
Main Market| The JSE Market Index gained 1,092.69 points to 84,083.29, the JSE All Jamaican Composite index rose 1,221.67 points to close at 92,727.31 and the JSE combined index gained 1,146.47 points to close at 85,718.39. IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 5 stocks with bids higher than their last selling prices and 6 stocks with offers that were lower.

Scotia Group closed higher at the close & helped to push market up on Monday

Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Caribbean Cement contributing 1,950 shares in changing hands to close higher by 2 cents to $2.32, Carreras exchanged 8,587 shares at 50 cents more to $44.50, Jamaica Broilers in contributing 53,050 shares put on 1 cent to $4.07. National Commercial Bank closed with 42,774 units changing hands and put on $2.50 to close at a new 52 weeks’ high of $25.50, Pan Jamaican Investment finished trading with 7,445 shares to end with an increase of $1.22 at $54. Sagicor Group had trading in 167,699 units to close 9 cents higher, at $10.30, Scotia Group ended with 22,628 shares to close $1.39 higher to a 52 weeks’ high of $22.39 and Supreme Ventures closed with 5,621,956 shares to end with 11 cents more at $2.31.

Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless finishing trading with 102,545 shares at 55 cents, Gleaner concluded trading with 1,500 shares at $1.10, Grace Kennedy in trading 10,510 shares, closed at $62 and Kingston Wharves finishing with 1,000 shares trading at $6.40.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Desnoes & Geddes closing with 270,000 units as the price slipped 15 cents to $5.20 and Sagicor Real Estate Fund with 25,000 shares closed with a loss of 10 cents to $6.70.

Filed Under: JSE Main Market, Stock Market Tagged With: C&WJ, Caribbean Cement, Carreras, D&G, Daily Trading, Gleaner, Grace Kennedy, Jamaica Broilers, Jamaica Producers, JMMB, Kingston Wharves, Mayberry, Pan Jam, Sagicor, Sagicor Real Estate Fund, Scotia

JSE at 20 months high heading higher

March 4, 2015 by IC Insider.com

Activity on the Jamaica Stock Exchange, took the market to a new 20 month high resulting from the prices of 7 stocks rising and 8 declining as 20 securities changed hands, ending in 10,902,372 units trading, valued at $48,753,888, in all market segments. Gleaner Company accounted for the bulk of the shares trading with 8 million units while Sagicor Group and Scotia Group each accounted for more than 1 million units.

The chart shows the all Jamaica composite index just crossing over short term resistance. Resistance from July 2007 at 91,700 points is the more important resistance level for it to break through to move to the next critical point of 100,000.

Main Market| The JSE Market Index gained 1,090.31 points to 82,990.60, the JSE All Jamaican Composite index rose 1,219.01 points to close at 91,505.64 and the JSE combined index gained 1,014.48 points to close at 84,571.92. The market is at a critical stage with resistance level going back to 2007 of 91,700 points is a shade away. Events in the market suggest that this will be broken and the market should close in on the 100,000 points mark soon, the results for Scotia Group to be released on Thursday will be one decisive development.
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 4 stocks with offers that were lower.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Gleaner in having 8,267,155 shares changing hands, closed higher by 19 cents at $1.10, Grace Kennedy closed trading with 15,600 shares trading to gain 50 cents to end at $62, Hardware & Lumber ended trading with 5,000 shares changing hands for 83 cents greater at $7.40, Mayberry Investments saw trading in 17,130 units to close with a gain of 16 cents to a 52 weeks’ high of $2.36 and Sagicor Real Estate Fund ended with 6,300 shares the price rose by 10 cents to $6.80.

Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless dealing in only 17,500 shares at 55 cents, Jamaica Broilers contributing 3,000 shares at $4.06. National Commercial Bank concluding trading with 37,691 shares at $23, Radio Jamaica exchanging 5,000 shares at $1.37 and Scotia Group with 1,114,723 shares changing hands to close at $21.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Carreras closed with 6,800 units as the price slipped 18 cents to $44, Desnoes & Geddes finished with 155,000 shares trading lower for 15 cents to $5.35. Jamaica Money Market Brokers with 149,000 ordinary shares closed with a loss of 2 cents at $6.90, Sagicor Group in trading 1,025,226 and lost 9 cents to $10.21 and Supreme Ventures finished trading with 28,487 shares with a loss of 20 cents to $2.20.

Filed Under: JSE Main Market, Stock Market Tagged With: C&WJ, Caribbean Cement, D&G, Daily Trading, Gleaner, Gleaner Company, Grace Kennedy, H&L, Jamaica Broilers, Jamaica Producers, JMMB, Mayberry, NCB, Radio Jamaica, Sagicor, Sagicor Group, Scotia

JSE quiet bullishness continues

March 4, 2015 by IC Insider.com

Interest in the Jamaica stock market, improved on Tuesday resulting in 24 stocks securities changing hands and the main market indices gaining more than 1,000 points. There were 11 stocks advancing, 8 declining, ending in 8,794,289 units trading, valued at $42,590,814, in all market segments. A almost doubling of profits of Supreme Ventures and a the decision by the company to pay out over $800 million in dividends, helped to push the market.
strong> Main Market| The JSE Market Index gained 1,092.76 points to 81,900.29, the JSE All Jamaican Composite index rose 1,221.75 points to close at 90,286.63, the highest it has been since early July 2013 and the JSE combined index gained 1,016.39 points to close at 83,557.44.
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 5 stocks with offers that were lower.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Cable & Wireless concluding trading with 111,000 shares changing hands to close higher by 7 cents at 55 cents, Carreras exchanging 25,000 shares while trading of 8 cents higher to $44.18. For Desnoes & Geddes there was dealing in 98,827 shares at 10 cents higher to $5.50, Jamaica Money Market Brokers contributing 17,448 shares in trading for 2 cents more at $6.92. Jamaica Producers closed trading with 1,013,600 shares changing hands while gaining $1.30 to $17, National Commercial Bank closed with 58,458 shares changing hands and rising 91 cents to a new 52 weeks’ high of $23, Proven Investments finished trading with 421 units and put on 0.49 cents to 18 US cent. Radio Jamaica saw trading in 7,422 shares, to end with an increase of 2 cents to $1.37, Scotia Investments ended with 5,000 units with a gain of $2.45 at $27.50 and Supreme Ventures closed with 3,295,614 shares to close 40 cents up at $2.40, after the company release large gain in profits for 2014 and announced increased dividend payments.
Firm| The stock in the main market to close without a change in the last traded prices is, Grace Kennedy that contributed 16,959 shares at $61.50.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Gleaner closing with 20,000 units as the price slipped 4 cents to 91 cents. Jamaica Broilers finishing with 8,008 shares trading lower by 4 cents, to $4.06, Sagicor Group in trading 532,911 shares lost 15 cents to $10.30 and Scotia Group finishing trading with 48,092 shares with a loss of 50 cents to $21.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 17,000 shares trading at $3.04, Jamaica Money Market Brokers 7.50% preference share traded 2,635,000 shares at $2, Proven Investments 8% preference share traded with 260,593 shares changing hands at $5.

Filed Under: JSE Main Market, Stock Market Tagged With: C&WJ, Caribbean Cement, Carreras, D&G, Dividends, Gleaner, Grace Kennedy, Jamaica Broilers, Jamaica Producers, JMMB, NCB, Proven Investments, Radio Jamaica, Sagicor, Scotia

Moderate trading greets the week

March 2, 2015 by IC Insider.com

Grace traded over 2 million shares on Monday

Monday’s activity on the Jamaica Stock Exchange saw moderate trading taking place, for the second consecutive trading day, resulting in the prices of 5 stocks rising, 8 declining as just 16 securities changed hands, ending in 115,617,230 units trading, valued at $1,209,811,786, in all market segments. Access Financial accounted for 112.4 million units of the stocks trading and Grace Kennedy over 2 million units.
Main Market| The JSE Market Index lost 300.42 points to close at 80,807.53, the JSE All Jamaican Composite index fell 335.88 points to 89,064.88 and the JSE combined index declined by 260.87 points to 82,541.05.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator is showing a fluidity in price movements with 6 stocks with bids higher than their last selling prices and 3 stocks with offers that were lower.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Grace Kennedy finishing with 2,011,264 shares, put on 99 cents to close at $61.50, Jamaica Broilers ending with 6,034 shares changing hands to close $4.10 after adding 5 cents. Mayberry Investments finished trading with 50,000 units to end with an increase of 20 cents to at a new 52 weeks’ high of $2.20 and National Commercial Bank saw trading in 9,000 shares while gaining 9 cents, to close at $22.09.

Firm| The stocks in the main market to close without a change in the last traded prices are, Barita Investments trading in 1,000 units to close at $2.25 and Sterling Investments with 150 shares closing at $134.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Caribbean Cement closing with 500,000 shares changing hands and lost 30 cents to end at $2.30, Carreras lost 40 cents to $44.10 with 22,900 units trading, Desnoes & Geddes ending with 2,300 units traded at $5.40, after dropping 10 cents. Jamaica Money Market Brokers in trading 102,117 ordinary shares and ending 1 cent lower at $6.90, Jamaica Producers finished with 5,002 units trading, declined by $1.30 to $15.70, Sagicor Group closed with 228,167 shares trading at $10.45, having declined by 5 cents and Scotia Group 41,274 shares as the price fell 50 cents to $21.50.

Filed Under: JSE Main Market, Stock Market Tagged With: Access Financial, Barita Investments, Caribbean Cement, Carreras, D&G, Daily Trading, Grace Kennedy, Jamaica Broilers, Jamaica Producers, JMMB, Mayberry, NCB, Sagicor, Scotia, Sterling Investments

Moderate JSE trading – Friday

February 27, 2015 by IC Insider.com

Friday’s activity on the Jamaica Stock Exchange saw moderate trading taking place, resulting in the prices of 8 stocks rising, 8 declining as 25 securities changed hands, ending in only 751,397 units trading, valued at $3,640,271, in all market segments.
Main Market| The JSE Market Index lost 33.26 points to close at 81,107.95, the JSE All Jamaican Composite index fell 37.18 points to 89,400.76 and the JSE combined index declined by 137.46 points to 82,801.92.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator is showing a fluidity in price movements with 7 stocks with bids higher than their last selling prices and 6 stocks with offers that were lower.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Carreras closing with an increase of 45 cents to $44.50 as only 210 units traded. Gleaner finished with a mere 1,000 shares changing hands, the price jumped at 10 cents to 95 cents, Mayberry Investments finished trading with 35,551 units to end with an increase of 5 cents to $2 and Scotia Group saw trading in 2,897 shares as the price jumped at $1 to $22.
Firm| The stocks in the main market to close without a change in the last traded prices are, Caribbean Cement closing with 1,050 shares changing hands at $2.60, Desnoes & Geddes ending with 3,000 units traded at $5.50, Grace Kennedy finishing with 5,000 shares at $60.51. Jamaica Broilers ending with 19,937 shares changing hands to close $4.05, Jamaica Producers finished with 1,000 units trading at $17, Radio Jamaica ended trading with 816 units to close at $1.35 and Sagicor Group closed with 199,800 shares at $10.50.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Cable & Wireless closed with 29,952 units trading as the price slipped 2 cents to 48 cents, Jamaica Money Market Brokers in trading 7,936 ordinary shares ended 19 cents lower at $6.91, Jamaica Stock Exchange closing with 3,000 units trading slipped 15 cents to $2, Kingston Wharves closed with 3,750 shares changing hands to close lower by 10 cents to $6.40 and Pan Jamaican Investment had only 128 units trading to end down 73 cents to $52.78.
Preference| Jamaica Money Market Brokers 7.50% preference share traded 118,650 units at $2.

Filed Under: JSE Main Market, Stock Market Tagged With: C&WJ, Caribbean Cement, Carreras, D&G, Gleaner, Grace Kennedy, Jamaica Producers, Jamaican Stock, JMMB, JSE Company, Kingston Wharves, Mayberry, Pan Jam, Radio Jamaica, Sagicor, Scotia

Market jumps 1,213 pts on low volume

February 23, 2015 by IC Insider.com

Scotia Group closed higher at the close & helped to push market up on Monday

The Jamaica Stock Exchange’s combined index rose 1,213 points and the all Jamaica Composite index closed on Monday at the highest level since it closed on July 25 2013, at 88,373.07. The all Jamaican Index is just a little more than 3,300 points from potential resistance at 91,721.24, the January, 2013 high. Gains in mainly, National Commercial Bank and Scotia Group contributed most to the increase. The market closed with the prices of 8 stocks rising, 3 declining as 23 securities changing hands, ending in 2,662,361 units trading, valued at $10,270,385, in all market segments.
Main Market| The JSE Market Index gained 1,383.93 points to 79,880.82, the JSE All Jamaican Composite index rose 1,547.29 points to close at 88,028.76 and the JSE combined index gained 1,212.61 points to close at 81,799.28.
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 stocks with offers that were lower.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Jamaica Money Market Brokers ending trading 15,714 ordinary shares while gaining 3 cents to $6.93. National Commercial Bank closing with 10,450 shares to end with an increase of 98 cents to $22, Radio Jamaica closing with 66,000 shares, the price inched up 5 cents to $1.35 and Scotia Group finishing with only 2,750 shares to end with an increase of 65 cents at $21.

Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless with 43,379 shares changing hands, closed at 48 cents. Carreras closing with 2,370 shares trading and ended at $44.50, Grace Kennedy closed with 6,750 units trading at $60, Jamaica Broilers had 45,000 shares changing hands at $4.02, Jamaica Producers ending with 1,798 shares trading at $17, Mayberry Investments finished with 1,800 shares changing hands to close $1.95, Proven Investments ending with 17,450 shares trading, to finish at 18.5 US cents and Sagicor Group finishing with 410,514 units trading at $10.25.
Declines| The only stocks closing with a loss at the end of trading in the main market is, Sagicor Real Estate Fund closed with 18,070 shares trading lower by 10 cents to $6.70.
Preference| Jamaica Money Market Brokers 7.50% preference share traded 1,596,100 units at $2.

Filed Under: JSE Main Market, Stock Market Tagged With: Caribbean Cement, Carreras, Daily Trading, Grace Kennedy, Jamaica Broilers, Jamaica Producers, JMMB, Mayberry Investments, NCB, Proven, Radio Jamaica, Sagicor, Sagicor Real Estate Fund, Scotia

11 stocks fall V 7 rising on JSE

February 12, 2015 by IC Insider.com

JP traded 3.3 million shares on Thursday

In Thursday’s activity on the Jamaica Stock Exchange, Jamaica Producers was the dominant trade with 3.3 million shares valued at more than $56 million. The bulk of the trades were done between Proven Wealth as the broker selling and JMMB securities as the buying broker. The market closed with the prices of 7 stocks rising, 11 declining as 21 securities changed hands, ending in 9,405,774 units trading, valued at $71,370,572, in all market segments.
strong> Main Market| The JSE Market Index lost 74.26 points to 78,232.91, the JSE All Jamaican Composite index fell 83.03 points to close at 86,186.33 and the JSE combined index declined by 115.44 points to 80,117.64.
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 only 2 stocks with offers that were lower.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Desnoes & Geddes in concluding trading with 17,732 shares, the price jumped 8 cents to $4.90, Hardware & Lumber closing with 69,100 shares while gaining 7 cents to $6.57, but after 49,100 units traded at $7.70. Palace Amusement finished with 150 shares to end with an increase of $4 to $70 and Sagicor Real Estate Fund in trading 850 units, put on 15 cents to $6.95.
Firm| The stocks in the main market to close without a change in the last traded prices are, Jamaica Money Market Brokers finished with 121,051 ordinary shares trading at $7 and Jamaica Producers closed with 3,306,500 shares changing hands at $17.

Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Caribbean Cement finishing with 2,535 units trading to end 1 cents lower at $2.40. Carreras ending trading with 3,681 shares to decline by 50 cents at $44.50, Jamaica Broilers closing with 12,085 shares changing hands 5 cents down at $4, Margaritaville closed with just 190 units trading, as the price slipped 7 cents to 9.80 US cents. Mayberry Investments had 75,000 shares trading lower by 4 cents to $1.96, Radio Jamaica closed with 5,642 shares changing hands to close lower by 1 cent to $1.10, Sagicor Group ending with 10,000 units trading 5 cents lower to $10.25 and Scotia Group finished with 96,000 units to fall 45 cents to $20.05.
Preference| Jamaica Money Market Brokers 7.50% preference share closed with 5,132,700 units changing hands $2.