Lower Junior Market trading – Thursday

Derrimon Trading closed at a 52 weeks’ high of $10.50 on Thursday.

Trading on the Junior Market of the Jamaica Stock Exchange ended on Thursday with 25 securities changing hands, resulting in an exchange of 3,622,077 units valued at $8,835,893 down from 5,405,843 units valued at $23,297,183.
At the close of market activities, the prices of 13 securities advanced, 6 declined and 6 remained unchanged. The Junior Market Index advanced by just 7.05 points to close at 2,959.02.
Market activity ended with an average of 144,883 units for an average of $353,436 in contrast to 40,887 units for an average of $154,734 on Wednesday. The average volume and value for the month to date amounts to 147,796 units with an average value of $529,433 and previously 149,489 units valued at $631,756. April closed with an average of 121,622 units at $506,803, for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ending with bids higher than their last selling prices and 2 with lower offers.
At the close of the market, AMG Packaging ended 1 cent higher at $1.94, with 2,728,431 stock units, CAC 2000 finished 55 cents higher at $9, with 5,368 shares, Caribbean Cream ended trading 1 cent higher at $4.61, with 700 shares, Caribbean Flavours traded at $11, with 150 stock units, Caribbean Producers finished trading at $5.30, with 8,483 units. Consolidated Bakeries closed 15 cents higher at $2.05, with 63,656 shares, C2W Music ended 2 cents higher at 45 cents, with 94,087 shares, Derrimon Trading concluded trading 50 cents higher at a 52 weeks’ high of $10.50, with 9,121 shares, Elite Diagnostic settled 4 cents higher at $3.25, with 16,367 units. Eppley ended trading with a loss of 15 cents at $9.50, with 2,000 shares, Express Catering traded 5 cents higher at $6, with 164,654 shares, FosRich Group finished trading at $2.45, with 40,493 shares, General Accident closed with a loss of 1 cent at $3, with 18,500 stock units. GWest Corporation ended at $2.40, with 79,075 units, Honey Bun concluded trading with a loss of 20 cents at $4.60, with 7,326 shares, Jamaican Teas ended trading 40 cents higher at $5, with 14,572 stock units, Jetcon Corporation traded with a loss of 2 cents at $4.13, with 30,765 units. Key Insurance finished trading 30 cents higher at $3.90, with 150 shares, Knutsford Express ended with a loss of 48 cents at $13.47, with 120 shares, Lasco Distributors concluded trading with a loss of 5 cents at $4.20, with 198,867 stock units, Lasco Financial finished 5 cents higher at $5.55, with 28,040 units. Lasco Manufacturing settled 2 cents higher at $3.75, with 67,278 shares, Main Event ended trading at $7.25, with 9,348 shares, Stationery and Office closed 20 cents higher at $6.20, with 32,246 units and tTech concluded trading at $5.75, with 2,280 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.

Sharp fall in Junior Market Trading – Wednesday

Trading on the Junior Market Index declined sharply from Tuesday, with an exchange of 1,022,183 units valued at $3,868,338.79, down from 5,405,843 shares valued at $23,297,183.
Market activities closed with the index falling 24.65 points to close at 2,951.97 after 25 securities changed hands from 18 trading on Tuesday. Trading resulted in 5 stocks rising, 11 declining and 9 remaining unchanged.
Market activity ended with an average of 40,887 units for an average of $154,734 in contrast to 300,325 units for an average of $1,294,288 on Tuesday. The average volume and value for the month to date amounts to units 149,489 valued at $631,756. April closed with an average of 121,622 units at $506,803, for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ending with bids higher than their last selling prices and 2 with lower offers.
At the close of the market, Access Financial closed 10 cents higher at $47.20, with 120 shares, AMG Packaging ended at $1.93, with 95,740 stock units changing hands, Blue Power concluded trading at $36.85, with 1,000 units, Caribbean Cream ended trading with a loss of 40 cents at $4.60, with 16,669 shares, Caribbean Producers finished trading with a loss of 10 cents at $5.30, with 17,323 units. Consolidated Bakeries closed at $1.90, with 15,000 shares, Derrimon Trading concluded trading at $10, with 2,120 shares, Elite Diagnostic settled 1 cent higher at $3.21, with 58,033 units, Eppley ended trading at $9.65, with 19,559 shares. Express Catering traded with a loss of 4 cents at $5.95, with 2,100 shares, FosRich Group finished trading 7 cents higher at $2.45, with 35,748 shares, General Accident closed with a loss of 1 cent at $3.01, with 2,750 stock units, GWest Corporation ended at $2.40, with 51,127 units.Honey Bun concluded trading at $4.80, with 3,000 shares, Jamaican Teas ended trading with a loss of 40 cents at $4.60, with 11,892 stock units, Jetcon Corporation traded with a loss of 10 cents at $4.15, with 6,133 units, Key Insurance finished trading 10 cents higher at $3.60, with 13,837 shares. Knutsford Express ended with a loss of 5 cents at $13.95, with 1,157 shares, Lasco Distributors concluded trading with a loss of 5 cents at $4.25, with 14,352 stock units, Lasco Financial finished with a loss of 12 cents at $5.50, with 24,698 units, Lasco Manufacturing settled with a loss of 36 cents at $3.73, with 566,919 shares. Main Event ended trading 25 cents higher at $7.25, with 5,000 shares, Medical Disposables traded at $5, with 12,130 shares, Paramount Trading finished trading at $3.10, with 11,281 stock units and tTech concluded trading with a loss of 25 cents at $5.75, with 34,495 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.

All Jamaica crosses 330,000 level

The main market of the Jamaica Stock Exchange that closed at record high on Monday and went on to close higher on Tuesday, at yet another record, is again trading in record territory at the start of trading on Wednesday.
With just 25 minutes of trading the JSE All Jamaican Composite Index climbed by 1,043.56 points to a record close of 330,011 and the JSE Index gained 950.80 points to record 300,677.31.
Trading was light so far but NCB Financial climbed to $98 to be the only stock with a rise in price of note.

Lasco Distributors lifts Junior Market

Lasco Distributors traded 4.4 million shares.

The Junior Market Index declined 12.20 points and closed at 2,976.62 as 18 securities changed hands from 26 trading on Monday, following 7 stocks rising, 3 declining and 8 remaining unchanged.
Market activities closed, resulting in an exchange of 5,405,843 units valued at $23,297,183 compared to 1,467,297 units valued at $6,334,954 on Monday. Lasco Distributors accounted for 4.4 million units of Tuesday’s volume.
Market activity ended with an average of 300,325 units for an average of $1,294,288 in contrast to 56,435 units for an average of $243,652 on Monday. April closed with an average of 121,622 units at $506,803, for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ending with bids higher than their last selling prices and 4 with lower offers.
At the close of the market, Access Financial closed 10 cents higher at $47.10, with 250 shares traded, AMG Packaging ended at $1.93, with 2,500 stock units changing hands, Elite Diagnostic settled at $3.20, with 57,474 units, Eppley ended trading 5 cents higher at $9.65, with 688 shares, Express Catering traded with a loss of 1 cent at $5.99, with 57,176 shares. FosRich Group finished trading with a loss of 7 cents at $2.38, with 7,029 shares, GWest Corporation ended with a loss of 2 cents at $2.40, with 27,695 units, Honey Bun concluded trading 20 cents higher at $4.80, with 21,380 shares, Jamaican Teas ended trading at $5, with 3,500 stock units. Jetcon Corporation traded 10 cents higher at $4.25, with 100,300 units, Lasco Distributors concluded trading 25 cents higher at $4.30, with 4,423,848 stock units, Lasco Financial finished at $5.62, with 34,210 units, Lasco Manufacturing settled 1 cent higher at $4.09, with 42,844 shares. Main Event ended trading at $7, with 16,018 shares, Medical Disposables traded at $5, with 35,681 shares, Paramount Trading finished trading at $3.10, with 100,000 stock units, Stationery and Office closed 4 cents higher at $6, with 470,750 units and tTech concluded trading at $6, with 4,500 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.

JSE main market trades at record high – Monday

Stocks closed much higher on the Jamaica Stock Exchange main market on Monday than on Friday as the JSE All Jamaican Composite Index jumped 2,366.31 points to record close of 328,893.09.
The JSE Index climbed sharply by 2,155.97 points to end at a record close of 299,658.77. At the close, 29 securities traded, compared to 26 on Friday and ended with the prices of 13 stocks rising, 8 falling and 8 trading firm, in the main and US dollar markets.
At the close of trading, Berger Paints closed at $20 with a gain of 95 cents, Kingston Wharves rose $1.95 to $50, Proven Investments ordinary share in the local market fell $1.99 to $26.51 and Seprod gained 76 cents to close at $34.99.
Main market activity ended with 12,309,558 units valued at $246,771,642 compared to 22,131,577 units valued at $314,568,605 on Friday.

Carreras traded over 2 million shares.

At the close of trading Jamaica Broilers ended trading 2,612,575 units amounting to 21.22 percent of the day’s volume, Carreras traded 2,041,313 units accounted for 16.58 percent of trading, Proven Investments Jamaican dollar ordinary share closed with 2 million units trading, Wisynco Group ended with 1,382,174 units, units Supreme Ventures with 1,089,028 units, followed by Sagicor Group with 1,073,450 shares.
Trading resulted in an average of 424,468 units valued at an average of $8,509,367 for each security traded. In contrast to 922,149 units valued at an average of $13,107,025 on Friday. The average for the month to date is 708,206 shares with a value of $6,395,518 and previously 723,010 shares with a value of $5,999,413. In contrast, March closed with an average of 626,526 units with an average value at $20,492,207 for each security traded.
There was no trading in the US dollar market, leaving the Market index at 164.44.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 16 stocks ended with bids higher than their last selling prices and 3 closing with a lower offers.
For more details of market activities see – – Monday.

JSE majors close April on a record – Monday

Investors pushed the main market of the Jamaica Stock Exchange to record highs on Monday and closing April at a record high after ending with 6 closing record highs, during the month.
The market that enjoyed several record closes during the month ended on Monday with 29 securities changing hands, resulting in 12,309,558 units valued at $246,771,642 trading leading to a rise in the market indices.
The main market closed with 13 securities rising, 8 declining and 8 trading firm, as the JSE All Jamaican Composite Index surged by 2,366.31 points to a record close of 328,893.09 and the JSE Index climbed 2,155.97 points to record 299,658.77.
In market activity, Barita Investments lost 50 cents and closed at $9.50, with 42,960 shares traded, Berger Paints jumped 95 cents to end at $20, with 103,899 stock units crossing the exchange’s platform, Carreras finished at $10.60, with 2,041,313 shares, Caribbean Cement fell 50 cents and settled at $37.50, with just 500 shares trading, Grace Kennedy traded at $49, with 80,953 stock units. Jamaica Broilers finished trading at $21, with 2,612,575 units, Jamaica Producers closed at $16.99, with 55,324 shares, Jamaica Stock Exchange lost 5 cents and ended at $6.80, with 44,641 shares, JMMB Group concluded trading at $26.87, with 44,847 shares after slipping 11 cents. Kingston Wharves jumped $1.95 to close at $50, with 2,346 units, Mayberry Investments gained 18 cents and ended trading at $6.20, with 5,000 shares, NCB Financial Group traded at $97, with 44,744 shares, 1834 Investments added just 1 cents and finished trading at $1.16, with 13,000 shares. PanJam Investment ended 25 cents higher at $44, with 25,274 units, Portland JSX lost 40 cents and concluded trading at $10, with 15,830 shares, Pulse Investments slipped 1 cent and finished at $1.78, with 9,000 shares, Radio Jamaica rose 2 cents and settled at $1.07, with 33,090 shares. Sagicor Group ended trading at $37.60, with 1,073,450 stock units and Sagicor Real Estate Fund rose 30 to $15.30, with 17,936 stock units. Scotia Group finished trading at $50, with 608,581 shares traded, Seprod rose 76 cents and concluded trading at $34.99, with 2,700 stock units, Supreme Ventures gained 13 cents and settled at $11.70, with 1,089,028 shares. Victoria Mutual Investments gained 5 cents and ended trading at $4.25, with 194,155 shares, Wisynco Group traded with a gain of 16 cents at $10.85, with 1,382,174 shares. In the main market preference segment, Jamaica Money Market 7.25% lost 5 cents and ended trading at $2.50, with 1,800 shares, Jamaica Money Market7.5% traded at $1.92, with 2,138 stock units, JMMBC 7.25% ended rose 10 cents to $2.10, with 50,000 shares, Proven Investments 8.25% rose 90 cent and closed at $5.90, with 712,300 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE main market trades at record high – Monday.”

Junior Market traded with negative bias – Monday

The Junior Market Index closed trading on Monday with a gain of just 3.84 points to 2,988.82 as 26 securities changed hands up from 25 trading on Friday, with 5 rising, 12 declining and 9 remaining unchanged.
Market activities closed, resulting in an exchange of 1,467,297 units valued at $6,334,954 compared to 1,334,762 units valued at $6,029,272 on Friday.
Market activity ended with an average of 56,435 units for an average of $243,652 in contrast to 53,390 units for an average of $241,171 on Friday. The average volume and value for the month to date, amounts to 121,622 units at $506,803 compared to 125,902 units at $524,081 on the prior trading day. March closed with an average of 149,999 units valued at $623,819, for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ending with bids higher than their last selling prices and 4 with lower offers.
At the close of the market, Access Financial ended at $47, with 144 shares trading, AMG Packaging ended with a loss of 4 cents to a 52 weeks’ low of $1.93, while exchanging 138,986 stock units, Caribbean Cream fell 65 cents to $5, with 1,000 shares, Caribbean Producers finished trading at $5.40, with 15,072 units, Consolidated Bakeries closed with a loss of 5 cents at $1.90, after 11,951 shares changed hands. Derrimon Trading concluded trading at $10, with 6,000 shares, Elite Diagnostic settled with a loss of 5 cents at $3.20, with 121,237 units, Eppley ended trading 10 cents higher at $9.60, with 500 shares, Express Catering traded at $6, with 28,667 shares. FosRich Group finished trading 10 cents higher at $2.45, with 37,631 shares, General Accident closed with a loss of 15 cents at $3.02, with 26,000 stock units, GWest Corporation ended with a loss of 3 cents at $2.42, with 28,853 units changing hands, Honey Bun concluded trading with a loss of 5 cents at $4.60, with 31,000 shares. Jamaican Teas ended trading at $5, with 64,809 stock units, Jetcon Corporation traded with a loss of 15 cents at $4.15, with 530,003 units, Key Insurance finished trading 10 cents higher at $3.50, with 1,000 shares, KLE Group closed at $2.45, with 1,796 stock units. Knutsford Express ended at $14, with 761 shares, Lasco Distributors concluded trading with a loss of 5 cents at $4.05, with 45,252 stock units, Lasco Financial finished with a loss of 3 cents at $5.62, with 325,528 units, Lasco Manufacturing settled with a loss of 41 cents at $4.08, with 6,000 shares. Main Event ended trading 38 cents higher at $7, with 21,938 shares, Paramount Trading finished trading 5 cents higher at $3.10, with 450 stock units, Stationery and Office closed with a loss of 3 cents at $5.96, with 1,479 units and tTech concluded trading at $6, with 16,240 shares. In the junior market preference segment, Eppley settled at $6, with 5,000 shares, changing hands.
Prices of securities trading for the day are those at which the last trade took place.

JSE main market climbs on Friday

Stocks closed much higher on the Jamaica Stock Exchange main market on Friday than on Thursday as the JSE All Jamaican Composite Index increased by 96.51 points to 325,799.33 and the JSE Index advanced by 87.93 points to 296,840.01.
At the close, 25 securities traded, compared to 26 on Thursday and ended with the prices of 7 stocks rising, 11 falling and 8 trading firm, in the main and US dollar markets.
At the close of trading, Kingston Properties gained $1.39 to $6.64, Kingston Wharves fell $1.45 to $48.05, NCB Financial rose $2 to $97 after the banking group posted increased profit for the six months to March and Portland JSX jumped $1.89 on positive year end results.
Main market activity ended with 22,131,577 units valued at $314,568,605 compared to 6,955,242 units valued at over $271,269,169 on Thursday. At the close of trading Wisynco Group ended with 8,307,655 units and accounted for 37.54 percent of the day’s volume followed by Ciboney Group with 7,063,873 units and 31.92 percent of the volume and Sagicor Group closed with 4,907,816 units and 22.18 percent of the day’s volume.
Trading resulted in an average of 922,149 units valued at an average of $13,107,025 for each security traded. In contrast to 289,802 units valued at an average of $11,302,882 on Thursday. The average for the month to date is 723,010 shares with a value of $5,999,413 and previously 713,135 shares with a value of $5,603,629.

NCB closed $2 higher on Friday.

In contrast, March closed with an average of 626,526 units with an average value at $20,492,207 for each security traded.
Trading in the US dollar market, ended with Proven Investments falling 3 cents to 22 US cents trading 183,095 units on Friday and leaving the Market index down 13.44 points to 164.44.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 11 stocks ended with bids higher than their last selling prices and 1 closing with a lower offers.
For more details of market activities see – Trading on JSE main market elevated – Friday.

Trading elevated on JSE main market – Friday

Bulls may be lurching to pounce on Jamaican stocks.

Trading on the Main Market of the Jamaica Stock Exchange on Friday ended with 24 securities changing hands, resulting in 22,131,577 units valued at $314,568,605 trading leading to a rise in the market indices.
The main market closed with 9 securities rising, 8 declining and 7 trading firm, as the JSE All Jamaican Composite Index increased by 727.45 points to 326,526.78 and the JSE Index advanced 662.79 points to close at 297,502.80.
In market activity, Barita Investments lost 25 cents and closed at $10, with 11,890 shares, Berger Paints ended at $19.05, with 25,531 stock units, Carreras concluded trading at $10.60, with 415,364 units, after rising 25 cents, Caribbean Cement lost 1 cents and finished at $37.99, with 7,555 shares, Ciboney Group fell 3 cents to 10 cents with 7,063,873 shares trading. Grace Kennedy ended trading at $49, with 32,450 shares, Jamaica Broilers traded with a rise of 50 cents at $21, exchanging 44,397 stock units, Jamaica Producers climbed 49 cents and finished trading 8,514 units at $16.99, Jamaica Stock Exchange closed at $6.85, with 51,818 shares. JMMB Group gained 48 cents and ended at $26.98, with 77,600 shares, Kingston Properties spiked $1.39 to conclude trading at $6.64, with just 840 shares, Kingston Wharves finished with a fall of $1.45 to $48.05, trading 100,791 stock units, Mayberry Investments settled at $6.02, with 82,641 units changing hands. NCB Financial Group ended trading with a rise of $2 to $97, with 92,006 shares, with investors responding positively to the six months results. Portland JSX jumped $1.89 and ended at $10.40, with 82,924 units after the company posted a profit for 2018. Pulse Investments concluded trading at $1.79, with 1,085 shares, Sagicor Group settled at $37.60, with a rise of 10 cents after 4,907,816 shares traded and Sagicor Real Estate Fund settled at $15, with 20,000 shares. Scotia Group lost 50 cents to trade at $50, with 202,000 units, Seprod fell 77 cents and finished trading at $34.23, with 58,738 shares, Supreme Ventures lost 18 cents and ended at $11.57, with 297,625 shares, Victoria Mutual Investments concluded trading at $4.20, after losing 10 cents with 227,874 stock units and Wisynco Group finished at $10.69, up 19 cents with 8,307,655 units changing hands. In the main market preference segment, JMMB Group 7.5% finished at 99 cents, with 10,590 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE main market climbs on Friday.”

15 Junior Market stocks rise – Friday

A total of 15 securities rose on and only 4 fell on the Junior Market Index on Friday leading to a 22.8 4 points rise to close at 2,98.984 as 25 securities changed hands, up from 24 on Thursday.
Market activities closed, resulting in an exchange of 3,098,900 units valued at $16,170,025 as trading ended with the prices of 6 securities remaining unchanged.
Market activity ended with an average of 53,390 units for an average of $241,171 in contrast to 129,121 units for an average of $673,751 on Thursday. The average volume and value for the month to date, amounts to 125,902 units at $524,081 compared to 130,788 units at $543,145 on the prior trading day. March closed with an average of 149,999 units valued at $623,819, for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows just 1 stock ending with the bid higher than the last selling price and 2 with lower offers.
At the close of the market, Access Financial closed at $47, with 500 shares, AMG Packaging ended 1 cent higher at $1.97, with 190,883 stock units, Blue Power concluded trading 2 cents higher at $36.85, with 15,000 units, Cargo Handlers settled with a rise of 30 cents at $10, with 1,500 shares, Caribbean Cream  ended trading 65 cents higher at $5.65, with 19,518 shares. Caribbean Producers finished trading at $5.40, with 3,720 units, Consolidated Bakeries closed at $1.95, with 108,300 shares, Dolphin Cove fell 1 cent at $17, with 1,626 stock units, Elite Diagnostic rose 5 cents $3.25, with 118,377 units. Express Catering traded 25 cents higher at $6, with 183,244 shares, after it traded at an intraday high of $6.05. FosRich Group finished trading at $2.35, with 31,770 shares, General Accident added 16 cents to end at $3.17, with 93,600 stock units, GWest Corporation ended with a loss of 2 cents at $2.45, exchanging 72,159 units. Iron Rock finished at $3.50, with 2,000 shares, ISP Finance settled $2.19 higher at $17.20, with 5,000 shares, Jetcon Corporation gained 14 cents at $4.30, with 111,436 units, Knutsford Express ended with a rise of 5 cents to $14, with 2,500 shares. Lasco Distributors concluded trading at $4.10, with 50,000 stock units, Lasco Financial finished 15 cents higher at $5.65, with 82,424 units, Lasco Manufacturing rose 34 cents to $4.49, with 13,118 shares, Main Event ended trading with a loss of 38 cents at $6.62, with 21,094 shares. Medical Disposables traded 50 cents higher at $5, with 375 shares, Paramount Trading finished trading with a loss of 3 cents at $3.05, while 5,700 stock units changed hands, Stationery and Office closed 1 cent higher at $5.99, with 200,458 units and tTech concluded trading after rising 21 cents to $6, with 460 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.