JSE ends June negatively – Thursday
Two stocks closed at new highs. The junior market accounted for 383,501 shares valued at $1,786,848 of all trades.
The JSE Market Index fell 480.10 points to end at 159,717.44. The all Jamaica Composite Index lost 536.94 points to close at 177,454.23 and the JSE combined index slip 261.15 points, to end at 170,807.02.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 13 stocks with bids higher than their last selling prices and 6 with lower offers.
At the end of market activities, Berger Paints lost 15 cents and ended at $4.30 while 11,081 units were traded, Cable & Wireless dropped 6 cents with 23,024 units traded to close at $1.18, Caribbean Cement jumped $2.40 to close at $24 after trading 407,370 units. Carreras traded 14,142 shares but slipped $1.10 to $65.40. Ciboney gained 1 cent while trading at 21 cents with 140,000 shares changing hands, 1834 Investments traded 221,434 shares to close at $1, Grace Kennedy closed at $123 with 62,637 units changing hands, Jamaica Broilers ended with 233,400 units changing hands and gained 53 cents to close at $14.75. Jamaica Producers traded 63,690 units after losing $1.10 to end at $47.99, Jamaica Stock Exchange jumped $3 to end at 52 weeks’ high of $25 while trading 3,000 shares, JMMB Group dropped 11 cents in trading 14,600 units to close at $9.72. Kingston Wharves traded 501,315 units and declined by $2.10 to close at $13.90, Mayberry Investments closed with 449,880 shares changing hands at $3.52, National Commercial Bank ended with 12,280 units changing hands with a rise of 98 cents to $43, Pan Jamaican Investment Trust gained 50 cents and traded 20,920 shares to close at $26. Pulse Investments lost 1 cent to close at $2.54 with 14,985 shares changing hands, Radio Jamaica rose 23 cents to close with 5,899 shares changing hands at $1.63, Sagicor Group ended with 17,464 shares changing hands at $23.03, Sagicor Real Estate Fund traded 780,642 shares but fell by 3 cents to close at $10.12. Scotia Investments dropped $1.40 with 3,000 shares trading to close at $26, Supreme Ventures ended trading, with 28,302 units trading with a loss of 1 cent at $4.53. Proven Investments traded 25,174 units at 17 US cents, Proven Investments 8% preference share traded 11,300 shares at $5.
Blue Power at new high
Blue Power traded at a new 52 weeks’ high of $15 with 8,000 units, to gain $1.30 cents, in early Thursday morning on the Jamaica Stock Exchange. Activity picked up on the last trading day for June, with three stocks trading over 100,000 units and two over 90,000 shares. The majors suffered losses but the juniors recorded gains in the session.
After 75 minutes of trading in the early morning session, on Thursday, Caribbean Cement traded 94,370 units at $23.85, Jamaica Broilers Group 159,141 shares at $14.25, Kingston Wharves 500,000 at $14, Sagicor Real Estate X Fund with 765,293 shares at $10.12 and from the junior markets, C2W Music traded 96,545 units at 29 cents.
Trading resulted in activity in 27 securities, accounting for a volume of 1,925,070 shares compared to as 9 stocks gained and 9 declined. The average number of shares traded amounts to 71,299 units compared to an average of 52,897 units on Wednesday.
The all Jamaica Composite Index fell 621.95 points to 177,369.22, the Jamaica Stock Exchange Market Index dipped 556.11 points to 159,641.43 the Jamaica Stock Exchange combined index declined 419.13 to close at 170,649.04 points andthe junior market index rose 9.34 points to 2,199.67.
JSE rises with moderate trades – Wednesday
Two stocks closed at new highs and one in the junior market hitting a new intraday high. The junior market accounted for 1,318,717 shares valued at $3,968,524 of all trades.
The JSE Market Index climbed 632.43 points to end at 160,197.54. The all Jamaica Composite Index gained 707.31 points to close at 177,991.17 and the JSE combined index jumped 820.66 points, to end at 171,068.17.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 14 stocks with bids higher than their last selling prices and 6 with lower offers.
At the end of market activities, Berger Paints lost 5 cents and ended at $4.45 while 3,000 units were traded, Cable & Wireless dropped 1 cent with 320,996 units traded to close at $1.24, Caribbean Cement declined by 90 cents to close at $21.60 after trading 11,092 units. 1834 Investments traded 59,839 shares but lost 2 cents to close at $1, Grace Kennedy shed $1.25 to close at $123 with 11,639 units changing hands, Jamaica Broilers ended with 5,007 units changing hands, lost 28 cents to close at $14.22, JMMB Group gained 11 cents in trading 24,219 units to close at $9.83. Kingston Wharves traded 1,300 units and gained $2 to close at a 52 weeks’ closing high of $16, Montego Bay Ice jumped $1.37 to a new 52 weeks’ high of $20 with 195,400 shares were traded. National Commercial Bank ended with 17,150 units changing hands with a 1 cent gain to $42.02 at the close, 138 Student Living traded 500,000 shares with a loss of 1 cent at $4.50, Pan Jamaican Investment Trust fell 50 cents and closed with 321,590 shares trading at $25.50. Radio Jamaica lost 28 cents and closed with 73,338 shares changing hands at $1.40, Sagicor Group ended with 42,432 shares changing hands at $23.03 after adding 2 cents, Sagicor Real Estate Fund traded 71,501 shares to close at $10.15. Scotia Group had 116,189 shares changing hands to close with a slip of 2 cents to $30.78, Scotia Investments jumped $1.40 with 16,459 shares trading to close at $27.40, Supreme Ventures ended trading, with 51,736 units at $4.54. JMMB Group 7.5% preference share traded 2,134,200 units with a rise of 2 cents at $1.05 and JMMB Group 7.25% preference share traded 17,800 shares at $2.45.
Partial recovery for juniors – Wednesday
The junior market closed trading on Wednesday with the market index climbed by 22.74 points, recovering a large part of the big loss on Tuesday, to close at 2,190.33 as Lasco Distributors recovered some of yesterday’s loss. Only 11 active securities with the volume at 1,318,717 shares valued at $3,968,524 changed hands. At the close, 5 stocks advanced and 3 declined.
At the end of trading 8 stocks closed with the bids higher than their last selling prices and 3 ended with lower offers.
At the end of trading, Caribbean Cream fell 24 cents with 58,663 shares changing hands, to close at $4.86 after trading at an all-time high of $5.50, Consolidated Bakeries traded 859,272 shares, lost 5 cents to end at $1.80, Dolphin Cove traded 14,300 units and rose 5 cents higher at $11.65. General Accident Insurance fell 1 cent to close at $2.05 with 112,200 units trading, Honey Bun gained 30 cents to close at $5.50 with 14,517 units changing hands, Iron Rock Insurance had 16,900 shares changing hands with a gain of 4 cents to end at $3.30, Knutsford Express Services traded 28,182 shares at $17.50. Lasco Distributors gained 50 cents in trading 12,110 units to end at $7.50, Lasco Manufacturing closed at $5 with 199,373 shares trading, Medical Disposables traded 1,100 shares to close with a gain of 30 cents at $3.30 and tTech traded 2,100 units at $4.
MoBay Ice jumps to new high
Montego Bay Ice traded at a new 52 weeks’ high of $20 with 193,900 units, to gain $1.37 cents, having risen by $3.73 on Tuesday. Trading, early Wednesday morning on the Jamaica Stock Exchange continues the slow pace evident for the early summer month, with moderate volumes with a few stocks trading over 100,000 shares.
After 75 minutes of trading in the early morning session, on Wednesday, the junior market had just four securities trading, but junior market index jumped by 2 percent with Lasco Distributors regaining most of Tuesday’s lost ground. The main market indices declined moderately.
Only three stocks traded over 100,000 shares, with Cable & Wireless trading 306,113 at $1.20 and Pan Jamaican Investment traded 313,590 to close down to $25.50.
Trading resulted in activity in 21 securities, accounting for a volume of 1,110,845 shares compared to as 7 stocks gained and 9 declined. The average number of shares traded amounts to 52,897 units compared to an average of 28,363 units on Tuesday.
The all Jamaica Composite Index fell 170.62 points to 177,113.24, the Jamaica Stock Exchange Market Index dipped 152.56 points to 159,412.55 the Jamaica Stock Exchange combined index climbed 320.95 to close at 170,568.46 points andthe junior market index jumped 44.84 points to 2,212.43.
JSE down in early trading
Trading, early Tuesday morning on the Jamaica Stock Exchange continues the slow pace evident for early summer month with moderate volumes with few stocks trading over 100,000 shares. After 75 minutes of trading in the early morning session, on Tuesday, the main market indices gave up ground while the junior market gained moderately.
Only three stocks trade over 100,000 units, with 1834 Investments trading 110,958 shares at $1.02, Proven Investments 262,000 ordinary shares at 17.98 US cents, Sagicor Real Estate X Fund traded 126,843 but fell 3 cents to $10.12.
Grace Kennedy jumped $1.40 to $124.50, Montego Bay Ice jumped $2.60 to $17.50 and Scotia Investments climbed $1.70 to $27.70.
Trading resulted in activity in 23 securities, accounting for a volume of 652,351 shares compared to as 7 stocks gained and 6 declined. The average number of shares traded amounts to 28,363 units compared to an average of 83,135 units on Monday.
The all Jamaica Composite Index fell 105.04 points to 177,444.31, the Jamaica Stock Exchange Market Index dipped 93.92 points to 159,708.57 the Jamaica Stock Exchange combined index fell 63.58 to close at 170,778.93 points andthe junior market index rose 2.28 points to 2,207.89.
Juniors close down on Monday
The junior market closed trading on Monday with only 9 active securities as the volume climbed to 3,510,504 shares valued at $14,348,452 changing hands as the market saw a number of relatively large trades taking place. At the close the junior market index fell by 10.02 points to 2,205.61. Only 3 stocks advanced and 2 declined.
At the end of trading 5 stocks closed with the bids higher than their last selling prices and 3 ended with lower offers.
At the end of trading, Consolidated Bakeries traded 623,874 units to end at $1.85, Derrimon Trading closed with 100,000 shares changing hands at $3.20 after declining by 10 cents, General Accident traded at $2.06, with 85,500 shares changing hands, Honey Bun lost 20 cents to close at $5.60 with 1,011,707 units changing hands. A total of 987,000 of the Honey Bun shares traded between $5 and $5.20. Iron Rock Insurance closed at $3.26 with 187,915 units changing hands for a gain of 6 cents, at the close the bid is at $3.20 to buy 4.67 million units. Jamaican Teas ended with 96,271 shares but lost 40 cents to close at $3.40, Knutsford Express closed trading with 1,033 shares, to end at $17.50, Lasco Distributors traded 27,017 units to end with a gain of 10 cents, at $7.60. Lasco Financial closed with a fall of 11 cents at $3.50, with 385,735 shares changing hands and Lasco Manufacturing lost 1 cent to close at $5 with 1,083,723 shares trading.
Honey Bun drops 80c in early JSE trading
Trading, early Monday morning on the Jamaica Stock Exchange continues the slow and moderate pace of recent weeks with few stocks trading over 100,000 shares. After 75 minutes of trading in the early morning session, on Monday, the indices gave up ground with losses in recorded in all the main ones.
Only three stocks that did are Consolidated Bakeries with 323,874 shares at $1.90, Honey Bun with 1,007,307 units but the price fell by 8 cents to $5 and Iron Rock with 187,915 units at $3.20 but still has 4,673,129 units on the bid to buy at $3.20.
Trading resulted in activity in 20 securities, accounting for a volume of 1,662,709 shares compared to as 11 stocks gained and 5 declined, including Jamaica Producers that fell by 99 cents to $48.01, with 7,317 shares changing hands. The average number of shares traded amounts to 83,135 units compared to an average of 45,191 units on Friday.
The all Jamaica Composite Index fell 233.06 points to 176,930.60, the Jamaica Stock Exchange Market Index dipped 208.39 points to 159,249.24 the Jamaica Stock Exchange combined index fell 200.32 to close at 170,442.94 points andthe junior market index slipped 1.17 points to 2,214.46.