Junior Market stocks fall again – Tuesday

The Junior Market Index declined 29.46 points to close at 3,367.54 at the end of trading, after 28 securities changed hands, resulting in the prices of 7 securities rising, 12 declining and 9 remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 7 stocks ending with bids higher than their last selling prices, 2 closed with lower offers. This reading suggests that declining stocks should exceed those advancing for the second day in a row.
Market activities, resulted in an exchange of 1,606,501 units valued at $7,572,441 compared to 1,142,126 units valued at $4,705,199 on Monday, from trading of 26 securities.
Trading closed with an average of 57,375 units for an average of $270,444 in contrast to 43,928 units for an average of $180,969 on Monday. Trading for the month to date averages 50,901 for an average of $227,364. September, ended with an average of 484,335 at $2,628,299 for each security traded.
At the close of trading, AMG Packaging ended with a loss of 1 cent at $1.90, with 46,425 stock units changing hands, Blue Power concluded trading of 23,701 units at $6, CAC 2000 finished 25 cents higher at $19, trading 2,827 shares, Caribbean Cream ended trading 15,184 shares at $8, Caribbean Producers finished trading at $6.35, after swapping 4,250 units. Derrimon Trading ended 3 cents higher at $2.93, with 102,401 shares changing hands, Dolphin Cove lost $1.51 to close at $14.99, with 10,551 shares trading, Elite Diagnostic finished 10 cents higher at $3.15, exchanging 53,573 stock units, Eppley rose by $2 to $10, with 500 units trading. Everything Fresh fell 8 cents and ended trading of 215,740 shares at $1.91, Express Catering fell 10 cents to $8.40, exchanging 67,913 shares, FosRich Group traded 2,300 shares, with a loss of 20 cents at $3.30, General Accident finished trading at $3.80, with 25,362 shares, GWest Corporation closed with a loss of 8 cents at a 52 weeks’ low of $1.97, with 32,274 stock units changing hands. Honey Bun ended at $3.70, exchanging 6,416 units, Indies Pharma lost 7 cents with 74,921 shares changing hands to close at $3.25. Iron Rock concluded trading with 155,898 shares with a loss of 10 cents at $4.90, Jamaican Teas settled with a loss of 20 cents at $4.65, with 68,523 shares changing hands, Jetcon Corporation ended trading of 5,100 stock units at $3.86. KLE Group finished trading of 1,871 shares at $3.80, Knutsford Express closed 32 cents higher at $11.68, with 1,370 shares trading, Lasco Distributors ended with a loss of 14 cents at $3.96, in exchanging 195,513 shares, Lasco Financial concluded trading with a loss of 10 cents at $5.40, with 232,236 stock units trading. Lasco Manufacturing finished at $3.75, trading 60,638 units, Main Event settled 18 cents higher at $6.10, in exchanging 6,383 shares, Paramount Trading traded with a loss of 25 cents at $2.75, with 7,069 shares and Stationery and Office finished trading of 177,532 stock units 10 cents higher at $9.20.
Prices of securities trading for the day are those at which the last trade took place.

All Jamaica pushes pass 405,000

The main market of the Jamaica Stock Exchange continued to push higher in trading on Tuesday with the All Jamaica Composite Index hitting a high of 405,667.18 having risen by 2,566.89 points at 5 minutes past 10 am.
The market has since pulled back. The All Jamaica Composite Indextrades just over the 405,000 mark at 405,149.64 and the JSE Index at 369,137.17 and is up 1,867.19 after it hit a high for the day at 369,608.70 after rising 2,338.72 at 10.06 am. At the same time the Junior Market is just holding on to positive with a gain of 1.48 at 3,398.48.
Subsequent to the earlier trading, the main market has pulled back with the indices now in decline with AJI down 520.91 points to 402,579.38 and the JSE Index off 474.61 at 366,795.37.

All Jamaica trades just 42 points shy of 405,000

The main market of the Jamaica Stock Exchange continued where it left off on Monday, hitting new highs just after opening at the start of trading on Tuesday.
With just limited trading, the All Jamaica Composite Indexrose 1,672.05 points to a record 404,772.34, beating yesterday’s high of 404,050.65 and the JSE Index gained 1,523.42 points to a record 368,793.40, bettering Monday’s high of 368,135.86. The Junior Market rose 8.90 points at the opening to 3,405.90.
With just 16 minutes of trading, both markets inched higher with the All Jamaica Composite Index rising to a record 404,958.30 and the JSE Index gained 1,523.42 points to a record 368,851.17 while the Junior Market moved up to 3406.05.

Q4 off to record high for JSE majors

Stocks surged to new record high on the Jamaica Stock Exchange main market at the start of October, as the market opened, with the All Jamaica Composite Index jumping within 535 points of the critical 400,000 mark and with 35 minutes of trading, it climbed over 400,000 points for the first time.
At the end of trading All Jamaica Composite Index jumped 9,823 points to a record close of 403,100.29 after it earlier jumped 10,773.36 points with just 13 minutes to close and the JSE Index surged 8,949.87 points to a record close of 366,558.39 after trading higher to a record intraday high of 368,135.86.
A total of 33 securities traded including 4 in the US dollar market, compared to 32 trading on Friday with the prices of 10 securities rising, 12 declined and 11 held firm. The market closed with 3 new highs and Radio Jamaica trading at a 52 week’s low of 92 cents.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and only 2 closing with a lower offer.
The main market ended with 3,284,901 units valued at $66,139,568 changing hands, compared to 7,891,758 units valued at $231,891,130 changing hands on Friday.
Trading closed with Sagicor Real Estate Fund accounting for 1,221,240 units or 37.18 percent of the day’s volume, followed by with 342,484 units and 10.43 percent of the volume traded and with 252,932 units 7.70 percent of the day’s volume.
Trading resulted in an average of 113,272 units valued at $2,280,675 units, in contrast to 281,849 shares valued at $8,281,826 on Friday. September closed, with an average of 1,022,243 shares valued $15,752,876, for each security traded.
In the main market activity, Barita Investments lost 49 cents to close at $18.51, in trading 9,748 shares, Caribbean Cement rose 96 cents to finish at $48, in the trading of 8,500 stock units, Jamaica Producers rose $2 to close at 52 weeks’ closing high of $28, trading 10,364 stock units, Kingston Wharves lost $2 to $72, with 4,140 stock units changing hands, Mayberry Investments climbed 25 cents to finish at $8.25, with 32,181 stock units trading, NCB Financial Group climbed $3.75 and ended trading of 77,954 shares at $128.75, PanJam Investment jumped $6.50 and ended at 52 weeks’ closing high of $64.50, while exchanging 3,510 stock units, Sagicor Group gained 90 cents to settle at $39, in the trading of 157,640 shares. Sagicor Real Estate Fund dived $2.39 to settle at $11.11, trading 1,221,240 shares, Scotia Group rose $2 trading 64,186 units to close at $62.00, Sterling Investments jumped $1 to end at a 52 weeks’ closing high at $23, with 3,352 shares changing hands and Sygnus Credit Investments traded 12,500 shares and fell 50 cents to end at $12.50.

Trading in the US dollar market closed with 20,932 units valued at $7,170 as JMMB Group 5.75 percent preference share concluded trading of 2,500 shares at $2, Proven Investments traded 2,088 shares at 20 US cents, Sygnus Credit Investments US dollar based ordinary share traded 7,500 units but lost 1 cent to end at 10 US cents and Sygnus Credit Investments US dollar based ordinary share traded 8,844 units to end at 11 US cents. The JSE USD Equities Index declined by 0.63 points to close at 161.03.

14 Junior Market stocks fall 6 rise – Monday

The Junior Market Index rose just 1.98 points to 3,397 at the close of trading after 26 securities changed hands on Monday, resulting in the prices of 6 securities rising, 14 declining and 6 remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 4 stocks ending with bids higher than their last selling prices, 4 closed with lower offers. This reading suggests that declining stocks should exceed those advancing for the second day in a row.
Market activities, resulted in an exchange of only 1,142,126 units valued at $4,705,199, compared to 3,221,714 units valued at $11,222,507 trading on Friday from trading of 25 securities.
Trading closed with an average of 43,928 units for an average of $180,969 in contrast to 128,869 units for an average of $448,900 on Friday. Trading in September, averaged 484,335 for an average of $2,628,299 for each security traded.
At the close of trading, AMG Packaging ended with 40,952 stock units changing hands after a loss of 4 cents to close at $1.91, Blue Power concluded trading with 5,035 units, and declined 30 cents to $6, CAC2000 jumped $3.75 to an all-time high at $18.75, with 2,000 shares trading, Cargo Handlers settled at $15, exchanging 6,058 shares, Caribbean Cream ended trading 70 cents higher at $8, with 2,295 shares changing hands. Caribbean Flavours traded 15,300 stock units, with a loss of 2 cents to end at $17, Caribbean Producers finished trading of 1,955 units at $6.35, Derrimon Trading ended at $2.90, in swapping 226,188 shares, Dolphin Cove concluded trading with a loss of 50 cents at $16.50, with 110 shares. Everything Fresh fell 1 cent and ended trading of 116,277 shares at $1.99, Express Catering ended trading 30 cents higher at $8.50, with 21,625 shares changing hands, FosRich Group ended trading 2,945 shares with a loss of 20 cents at $3.50, General Accident traded 214,892 shares at $3.80, GWest Corporation finished at $2.05, trading 21,641 shares, Honey Bun closed with a loss of 25 cents at $3.70, with 48,907 stock units changing hands. Indies Pharma lost 8 cents with 119,039 shares changing hands to close at $3.32. Iron Rock ended 40 cents higher at a 52 weeks’ high $5, in exchanging 10,600 units, ISP Finance concluded trading with 3,000 shares after a loss of $2 at $20, Jetcon Corporation settled with a loss of 14 cents at $3.86, exchanging 800 shares, KLE Group traded 70,864 units for 5 cents higher at $3.80. Knutsford Express dropped $1.14 to $11.36, trading 205 shares, Lasco Distributors closed 15 cents higher at $4.10, in the swapping of 9,400 shares, Lasco Financial ended at $5.50, with 136,342 shares trading, Lasco Manufacturing concluded trading of 9,990 stock units with a loss of 10 cents at $3.75, Main Event finished with a loss of 48 cents at $5.92, exchanging 29,158 units and Stationery and Office traded 26,548 shares with a loss of 9 cents at $9.10.
Prices of securities trading for the day are those at which the last trade took place.

All Jamaica jumps 9,823 points to record close

The Jamaica Stock Exchange, started the final quarter of the year with huge gains to end at a record close on Monday after the market traded as high as high as 404,050.65 on the all Jamaica Composite Index.
The All Jamaica Composite Index passed the 400,000 mark for the first time shortly after trading commenced on Monday. At the end of trading All Jamaica Composite Index jumped 9,823 points to a record close of 403,100.29 after it earlier jumped 10,773.36 points with just 13 minutes to close and the JSE Index surged 8,949.87 points to a record close of 366,558.39 after trading higher to a record intraday high of 368,135.86. The Junior Market rose 1.98 points to close at 3,397.
In the main market NCB Financial traded at $128.75 but with 77,954 shares trading and Jamaica Producers traded up to $28, Jamaica Broilers traded up to $30, Pan Jam Investment traded at $63, Scotia Group closed at $62 while Supreme Ventures traded at $23.90 and Sterling Investments traded at a new high of $23.

All Jamaica jump over 400,000

The Jamaica Stock Exchange, started the final quarter of the year in record territory and is within just 535 points of the critical 400,000 points milestone at 9.35 am and with just under 35 minutes of trading the market jumped over the 400,000 mark.
The market indices surged sharply with the All Jamaica Composite Index jumping 7,088.22 points to a record 400,365.51 and the JSE Index that surged 6,458.17 points to a record 364,778.28. The Junior Market rose 23.03 to 3,418.05.
In the main market NCB Financial traded at $127.98 but with only 130 shares trading and Jamaica Producers traded up to $27.80, Jamaica Broilers traded up to $30, Scotia Group up to $61 while Supreme Ventures traded at $23.90.

All Jamaica just 535 points from 400,000

The Jamaica Stock Exchange, started the final quarter of the year in record territory and is within just 535 points of the critical 400,000 points milestone at 9.35 am.
The market indices surged sharply with the All Jamaica Composite Index jumping 6,187.64 points to a record 399,464.93 and the JSE Index jumped 5,637.64 points to a record 363,957.75. The Junior Market had slipped just 1.38 points at the opening but rose 23.03 to 3,418.05 at 18 minutes after opening.
In the main market NCB Financial traded at $127.98 but with only 130 shares trading and Jamaica Producers traded up to $27.80.

Junior Market falls to end September

The Junior Market Index declined by 34.58 points to 3,395.02 at the close of trading after 25 securities changed hands, resulting in the prices of 10 securities rising, 10 declining and 5 remaining unchanged.
Market sentiment closed somewhat negatively at the end of trading on Friday, as the IC bid-offer Indicator was narrowly positive which is an indication of that declining stocks should exceed those advancing.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 8 stocks ending with bids higher than their last selling prices, 6 closed with lower offers.
Market activities, resulted in an exchange of 3,221,714 units valued at $11,222,507, compared to 2,433,731 units valued at $8,326,070 trading on Thursday from trading of 27 securities.
Trading closed with an average of 128,869 units for an average of $448,900 in contrast to 105,814 units for an average of $362,003 on Thursday. Trading for the month to date averages 484,335 for an average of $2,628,299 and on the prior trading day, an average of 502,180 units for an average of $2,737,706 units. Trading in August, averaged 244,613 units at $1,348,298 for each security traded.
At the close of trading, AMG Packaging ended 1 cent higher at $1.95, in exchanging 161,113 stock units, Blue Power concluded trading 60,693 units with a loss of 20 cents at $6.30, Caribbean Producers finished trading 3,597 units at $6.35, Consolidated Bakeries closed with a loss of 45 cents at $2, with 500 shares changing hands, Derrimon Trading ended 5 cents higher at $2.90, after exchanging 1,332,160 shares. Dolphin Cove concluded trading 13,815 shares and climbed 50 cents higher at $17, Elite Diagnostic finished 3 cents higher at $3.05, with 54,569 stock units changing hands, Everything Fresh fell 10 cents and ended trading of 336,061 shares at $2, Express Catering ended trading at $8.20, with 138,800 shares changing hands, FosRich Group traded 24,113 shares and rose 10 cents to $3.70. General Accident finished trading of 2,000 shares at $3.80, GWest Corporation closed with a loss of 5 cents at $2.05, after exchanging 24,594 stock units, Honey Bun ended with a loss of 5 cents at $3.95, with 106,500 units changing hands, Indies Pharma rose 1 cent with 622,577 shares changing hands to close at $3.40. Iron Rock concluded trading 10 cents higher at $4.60, with 13,000 shares. Jamaican Teas settled at $4.85, trading 100 shares, Jetcon Corporation ended trading 20 cents higher at $4, with 13,750 stock units, Key Insurance traded with a loss of 42 cents at $3.08, with 5,000 units changing hands, KLE Group finished trading 10,000 shares with a loss of 25 cents to close at $3.75. Lasco Distributors ended with a loss of 5 cents at $3.95, with 93,935 shares changing hands, Lasco Financial concluded trading of 114,689 stock units at $5.50, Lasco Manufacturing finished with a loss of 15 cents at $3.85, with 6,362 units trading, Main Event settled 30 cents higher at $6.40, with 10,558 shares changing hands, Medical Disposables dropped $2.40 t0 $5.50, with just 600 shares trading and Stationery and Office finished trading 19 cents higher at $9.19, with 72,628 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.

JSE main market in big jump – Thursday

Sterling Investments jumps to a high of $19 after split announcement.

The Jamaica Stock Exchange enjoyed a big day on Thursday with gains of more than 4,700 points in the market indices as the prices of 13 securities rose and 7 declined and just 10 held firm.
At the close of trading, the All Jamaica Composite Index surged by 5,233.40 points to close at 387,990.29 and the JSE Index jumped by 4,768.22 points to 353,503.05.
Sterling Investments ended at a 52 weeks’ closing high at $19, PanJam Investment traded at closing 52 weeks’ high of $60 while Supreme Ventures close trading at a 52 weeks’ high of $17.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading is very strong for continuation of the market’s rally and shows 8 stocks ended with bids higher than their last selling prices and only 4 closing with a lower offer.
A total of 30 securities traded in the main and US dollar markets compared to 34 trading on Wednesday with  Sagicor Real Estate Fund dominating trading with 264,879,865 units in the main market that ended with 269,506,497 units valued at $3,571,606,905 changing hands, compared to 117,820,162 units valued at $2,898,097,993 changing hands on Wednesday when JMMB Group dominated trading with 102,542,622 units and 87.03 percent of the day’s volume.
Trading resulted in an average of 10,365,635 units valued at over $137,369,496, in contrast to 3,681,880 shares valued at $90,565,562 on Wednesday. The average volume and value for the month to date amounts to 1,022,243 shares valued $15,752,876, compared to 579,751 shares valued $9,695,343 traded on the immediately preceding trading day. August closed, with an average of 224,564 shares valued at $4,310,285, for each security traded.
In the main market activity, Caribbean Cement shed $1.01 to finish at $49, in the trading of 29,872 shares, Jamaica Broilers fell 25 cents in trading 391,212 stock units, to close at $28.50, Kingston Wharves rose $1.70 to $72, with 2,000 stock units changing hands, NCB Financial Group climbed $3 and ended trading of 572,945 shares at $121, PanJam Investment climbed $3.76 and ended at 52 weeks’ closing high of $60, while exchanging 4,880 stock units, Sagicor Real Estate Fund gained $1.05 to settle at $13.05, trading 264,879,865 shares, Seprod lost $2.20 and finished trading 11,100 shares at $43, Sterling Investments gained 50 cents to end at a 52 weeks’ closing high at $19, with 290,741 shares changing hands Supreme Ventures gained 50 cents and ended at $17, as 291,464 shares traded and Sygnus Credit Investments traded 99,600 shares and lost $1.20 to end at $12.30.
Trading in the US dollar market closed with 48,266 units valued at $7,252 as 300 units of JMMB Group 6% preference share traded  at $1.06, Margaritaville traded 14,742 units and rose 1 cent to 20 US cents, Proven Investments traded 2,024 shares at 20 US cents and Sygnus Credit Investments traded 31,200 units and rose 1 cent to end at 12 US cents. The JSE USD Equities Index declined 0.25 points to close at 159.06.