Lasco Distributors slaps Junior Market – Wednesday

March 14, 2018 by

Lasco’s ICool drinks.

A fall in the price of Lasco Distributors to $3.50 with just over 2.5 million units trading at this level on the Junior Market on Wednesday. The stock lost 40 cents from Tuesday’s close to end at $4 and was mostly responsible for the 52.05 points drop in the market index to 2,899.61.
Market activity resulted in 23 securities changing hands with 7 securities advancing, 5 declining and 11 remaining unchanged, with an exchange of 7,801,377 units valued at $30,185,618. On Tuesday 25 securities traded with 1,349,465 units valued at $4,963,939 changing hands.
Trading ended with an average of 339,190 units for an average of $1,312,418 compared to an average of 53,979 units for an average of $198,558 on Tuesday. The average volume and value for the month to date, amounts to 122,453 units at $488,239, compared to an average of, 99,267 units at $400,071 on the previous trading day. February closed with an average of 338,697 units at an average value of $1,495,774 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 7 with lower offers.
At the close of the market, AMG Packaging ended with a loss of 15 cents at $2.05, as 504,135 stock units traded, Blue Power concluded trading at $33.01, with 136 units, CAC 2000 finished 50 cents higher at $9, with 5,300 shares, Cargo Handlers settled with a loss of 5 cents at $10.40, with 5,668 shares, Caribbean Producers finished trading at $4.62, with 823,986 units. C2W Music ended with a loss of 1 cent at 44 cents, with 941 shares, Dolphin Cove finished $18 higher at $18, with 902 stock units, Elite Diagnostic settled 2 cents higher at $3.02, with 236,396 units, Eppley ended trading 15 cents higher at $10.15, with 1,924 shares. Express Catering traded with a loss of 10 cents at $4.70, with 1,996 shares, FosRich Group finished trading at $2.68, with 37,662 shares, General Accident closed at $2.90, with 68,000 stock units, Honey Bun concluded trading at $4.80, with 130,000 shares. Jamaican Teas ended trading at $4.50, with 60,000 stock units, Jetcon Corporation traded at $4.15, with 67,320 units, Key Insurance finished trading 15 cents higher at $4.10, with 500 shares, Knutsford Express ended with a loss of 50 cents at $14, with 100,360 shares. Lasco Distributors concluded trading 30 cents higher at $4, with 5,474,396 stock units, Lasco Financial finished at $5, with 7,150 units, Lasco Manufacturing settled at $4, with 92,195 shares, Main Event ended trading 5 cents higher at $6, with 100,000 shares. Paramount Trading finished trading at $3.20, with 30,838 stock units and Stationery and Office closed 10 cents higher at $5.60, with 51,572 units changing hands.
Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Junior Market index slipped on Tuesday

March 13, 2018 by

The Junior Market of the Jamaica Stock Exchange index closed trading on Tuesday with a 5.30 points decline to 2,956.96 with prices of 10 securities advancing, 4 declining and 11 remaining unchanged.
Market activity resulted in 25 securities changing hands, compared to 22 trading on Monday, with an exchange of 1,349,465 units valued at $4,963,939 versus 996,521 units valued at $4,200,325 on Monday.
Trading ended with an average of 53,979 units for an average of $198,558 compared to an average of 45,296 units for an average of $190,924 on Monday. The average volume and value for the month to date, amounts to 99,267 units at $400,071, compared to an average of 105,226 units at $426,586 on the previous trading day. February closed with an average of 338,697 units at an average value of $1,495,774 for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ending with the bid higher than the last selling price and 8 with lower offers.
At the close of the market, AMG Packaging ended 20 cents higher at $2.20, with 50,000 stock units, CAC 2000 finished at $8.50, with 4,411 shares, Caribbean Cream ended trading with a loss of 12 cents at $6.98, with 143 shares, Caribbean Producers finished trading 22 cents higher at $4.62, with 1,901 units, Derrimon Trading concluded trading at $7.50, with 7,700 shares. Elite Diagnostic finished at $3, with 343,051 stock units, Eppley settled at $10, with 10,000 units, General Accident finished trading at $2.90, with 1,960 shares, GWest Corporation closed 4 cents higher at $2.89, with 311,948 stock units. Honey Bun ended 50 cents higher at $4.80, with 100 units, Iron Rock concluded trading 5 cents higher at $3.05, with 32,748 shares, Jamaican Teas settled at $4.50, with 28,000 shares, Jetcon Corporation ended trading 15 cents higher at $4.15, with 68,939 stock units. KLE Group finished trading 3 cents higher at $2.33, with 59,000 shares, Knutsford Express closed with a loss of 50 cents at $14.50, with 6,565 shares, Lasco Distributors ended with a loss of 48 cents at $3.70, with 273,277 shares, Lasco Financial concluded trading 20 cents higher at $5, with 19,260 stock units. Lasco Manufacturing finished with a loss of 20 cents at $4, with 40,700 units, Main Event settled 14 cents higher at $5.95, with 8,044 shares, Medical Disposables ended trading at $4.90, with 1,500 shares, Paramount Trading traded at $3.20, with 1,500 shares. Stationery and Office finished trading at $5.50, with 12,376 stock units and tTech ended 20 cents higher at $5.20, with 6,700 shares. In the junior market preference segment, Dolphin Cove ended $18 higher at $18, with 9,642 stock units, Eppley 8.75% settled $5.75 higher at $5.75, with 50,000 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , ,

Scotia & NCB share price drop hits JSE – Tuesday

March 13, 2018 by

The main market of the Jamaica Stock Exchange closed down on Tuesday after ending at a record closing high on Monday after Scotia Group and NCB Financial prices fell and helped to pull back the index.
Main market activity ended with 24 securities changing hands, with just 7 securities rising, 10 falling, 7 trading firm and closed with 9,664,260 units valued at over $708,128,861.
At the close of trading, the JSE All Jamaican Composite Index dived 1,583.39 points to 322,981.60 and the JSE Index dropped 1,442.64 points to 294,272.76.
In main market activity, Barita Investments closed at $9, with 8,729 shares, Carreras finished with a loss of 5 cents at $10.90, with 109,260 shares, Caribbean Cement settled with a loss of $2.39 at $32.61, with 9,561 shares, Grace Kennedy traded 10 cents higher at $45.60, with 2,303 stock units, Jamaica Broilers finished trading 50 cents higher at $19.50, with 6,339 units. Jamaica Stock Exchange ended with a loss of 20 cents at $6.30, with 3,200 shares, JMMB Group concluded trading at $26.50, with 258,232 shares, Kingston Wharves settled at $39.50, with 2,082 units, Mayberry Investments ended trading 15 cents higher at $5.15, with 11,043 shares. NCB Financial Group traded with a loss of $1.30 at $98.20, with 6,813,889 shares, 1834 Investments finished trading 3 cents higher at $1.18, with 31,000 shares, PanJam Investment ended 10 cents higher at $41.10, with 3,122 units, Pulse Investments finished 5 cents higher at $1.85, with 2,655 shares. Radio Jamaica settled at $1.06, with 14,401 shares, Sagicor Group ended trading with a loss of 10 cents at $36.10, with 126,997 stock units, Sagicor Real Estate Fund ended trading with a loss of 40 cents at $15.10, with 70,864 shares, Salada Foods traded at $12.05, with 25,000 units, Scotia Group finished trading with a loss of $1.50 at $55.50, with 33,156 shares. Seprod closed at $30.01, with 745 shares, Supreme Ventures concluded trading with a loss of 51 cents at $11.99, with 482,227 stock units, Victoria Mutual Investments finished with a loss of 5 cents at $4.50, with 1,464,709 units and Wisynco Group settled 5 cents higher at $10.75, with 77,913 shares. In the main market preference segment, Jamaica Money Market 7.25% ended trading at $2.55, with 11,031 shares, Jamaica Money Market 7.5% traded with a loss of 5 cents at $1.90, with 95,802 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 pulls back from record – Tuesday.”

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Scotia pushes JSE to record close – Monday

March 12, 2018 by

The Main Market of the Jamaica Stock Exchange ended trading at record close on Monday with Scotia Group climbing to $57 being the main factor behind the rally along with several others that rose.
Scotia Group rise follows the release of first quarter results showing increased profit flowing mainly from gains from sale of CrediScotia operations and major savings from reduced loan loss provision.
At the close of trading, the JSE All Jamaican Composite Index jumped 2,831.01 points to a record close of 324,564.99 and the JSE Index shot up by 2,579.37 points to 295,715.40. Trading on Friday closed with 28 securities changing hands, leading to 11 advancing, 10 declining and 6 trading firm, in the main and US dollar markets. There was a big $3 rise in Scotia Group, Barita Investments rose 90 cents to close at $9, ScotiaGroup closed with a rise of $3 to $57 & pushed the JSE a record close.

Trading resulted in only a few securities with the large price changes at the close.


Grace Kennedy gained 70 cents to $45.50 and Supreme Ventures closed with a rise of 60 cents to $12.50.
Main market activity ended with 5,874,620 units valued at over $102,596,766 changing hands, versus 6,404,825 units valued at $87,957,828 on Friday. Wisynco Group closed with 1,470,306 units accounting for 25.03 percent of the day’s trades with 1,362,000 units and 21.27 percent of shares traded, followed by Jamaica Broilers with 976,153 shares with 14.9 percent of traded shares and Victoria Mutual Investments with 640,453 units for 10.9 percent of volume traded on Monday.
Trading results in an average of 267,028 shares valued at 4,663,489 for each security traded, compared to 237,216 shares valued at 3,257,697 on Friday. For the month to date an average of 747,070 units with an average value at $10,075,319 traded, compared to 796,886 units with an average value at $10,718,888 traded on the previous trading day.In contrast, February closed with average of 213,336 units valued at $3,392,475 for each security traded.
Trading in the US dollar market ended with Proven Investments concluded trading with a rise of 0.10 cents at 22 US cents with 2,900 units changing hands and JMMB Group 6% USD preference shares close with 900 units trading resulting in 3,800 units valued at $1,524, as the market index rose 2.47 points to close at 167.86.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and 3 with a lower offer.

For more details of market activities see – JSE erases October record close – Monday.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , ,

Junior Market flashing bullish sign- Monday

March 12, 2018 by

The Junior Market of the Jamaica Stock Exchange index closed trading on Monday with a 40.83 points rise to close at 2,956.96 with the prices of 6 securities advancing, 10 declining and 7 remaining unchanged.
The market closed with a bullish short term signal with 21 securities closing with bids that are the same or higher than the last traded price, suggesting that a wide number of prices will have to increase to get orders filled.
Market activity resulted in 22 securities changing hands, compared to 26 trading on Friday, with an exchange of 996,521 units valued at $4,200,325 versus 3,564,305 units valued at $13,411,844 on Friday.
Trading ended with an average of 45,296 units for an average of $190,924 compared to an average of 137,089 units for an average of $249,136 on Friday. The average volume and value for the month to date, amounts to 105,226 units at $426,586, compared to an average of 113,074 units at $457,447 on the previous trading day. February closed with an average of 338,697 units at an average value of $1,495,774 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 the bid higher than the last selling price and 7 with lower offers.
At the close of the market, Access Financial jumped $5 to close at a 52 weeks’ high of $56, with 5,000 shares, AMG Packaging ended at $2, with 119,595 stock units, Blue Power concluded trading at $33.01, with 3,267 units, Caribbean Cream ended trading 10 cents higher at $7.10, with 10,000 shares, Caribbean Producers finished trading with a loss of 1 cent at $4.40, with 3,661 units. Elite Diagnostic settled with a loss of 1 cent at $3, with 318,518 units, Eppley ended trading 50 cents higher at $10, with 50,000 shares, Express Catering traded with a loss of 2 cents at $4.80, with 6,690 shares, FosRich Group finished trading at $2.68, with 39,164 shares. General Accident closed with a loss of 40 cents at $2.90, with 103,754 stock units, Honey Bun concluded trading with a loss of 55 cents at $4.30, with 30,402 shares, Iron Rock finished at $3, with 3,000 shares, Jamaican Teas ended trading with a loss of 5 cents at $4.50, with 17,590 stock units. Jetcon Corporation traded 12 cents higher at $4, with 18,846 units, Lasco Distributors concluded trading 3 cents higher at $4.18, with 38,811 stock units, Lasco Financial finished with a loss of 20 cents at $4.80, with 34,940 units, Lasco Manufacturing settled with a loss of 5 cents at $4.20, with 79,450 shares. Main Event ended trading with a loss of 39 cents at $5.81, with 21,909 shares, Medical Disposables traded at $4.90, with 2,500 shares, Paramount Trading finished trading 1 cent higher at $3.20, with 4,452 stock units and Stationery and Office closed at $5.50, with 83,972 units. In the junior market preference segment, Derrimon Trading closed with a loss of 15 cents at $2, with 1,000 shares changed hands.
Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , ,

JSE erases October record close – Monday

March 12, 2018 by

The main market of the Jamaica Stock Exchange rose sharply on Monday and erased the previous record close at the end of October and closed at a new record closing high on Monday as Scotia group jumped $3 to $57 with 11 other ordinary shares rising.
Main market activity ended with 22 securities changing hands, with just 12 securities rising, 4 falling, 6 trading firm on Monday. Trading closed with 5,874,620 units valued at over $102,596,766.
At the close of trading, the JSE All Jamaican Composite Index jumped 2,831.01 points to a record close of 324,564.99 and the JSE Index shot up by 2,579.37 points to a record close of 295,715.40, bettering the previous closing high on the last day of October 2017.
In main market activity, Barita Investments closed 90 cents higher at $9, with 5,500 shares, Berger Paints ended at $17, with 29,606 stock units, Carreras finished 5 cents higher at $10.95, with 460,585 shares, Caribbean Cement settled at $35, with 625,462 shares, Ciboney Group ended trading at 11 cents, with 585,846 shares. Grace Kennedy traded 70 cents higher at $45.50, with 6,275 stock units, Jamaica Broilers finished trading at $19, with 876,153 units, Jamaica Stock Exchange ended at $6.50, with 16,510 shares, JMMB Group rose 50 cents to end at $26.50, with 57,960 shares. Kingston Wharves settled with a loss of 50 cents at $39.50, with 2,843 units, NCB Financial Group traded 50 cents higher at $99.50, with 99,158 shares, 1834 Investments finished trading 5 cents higher at $1.15, with 1,830 shares, Radio Jamaica settled 1 cent higher at $1.06, with 153,637 shares. Sagicor Group ended trading 10 cents higher at $36.20, with 609,821 stock units,Sagicor Real Estate Fund ended trading 50 cents higher at $15.50, with 9,936 share, Scotia Group finished trading $3 higher at $57, with 84,125 shares, Seprod closed at $30.01, with 9,360 shares, Sterling Investments ended with a loss of 11 cents at $13.89, with 150 shares. Supreme Ventures concluded trading $12.50 higher at $12.50, with 128,604 stock units, Victoria Mutual Investments lost 5 cents and closed at $4.55, with 640,453 units, Wisynco Group settled 15 cents higher at $10.70, exchanging 1,470,306 shares and in the main market preference segment, Jamaica Money Market 7.25% ended trading with a loss of 5 cents at $2.55, with 500 shares, 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 “Scotia pushes JSE to record close – Monday.”

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , ,

Losses edged out gains on Junior Market

March 9, 2018 by

The Junior Market of the Jamaica Stock Exchange index closed virtually flat at the close of trading on Friday with a miniscule rise of just 0.03 points to close at 2,916.93 with the prices of 9 securities advancing, 10 declining and 7 remaining unchanged.
Market activity resulted in 26 securities changing hands, compared to 25 trading on Thursday, with an exchange of 3,564,305 units valued at $13,411,844 versus 1,521,188 units valued at $6,228,409 on Thursday.
Trading ended with an average of 137,089 units for an average of $249,136 compared to an average of 60,848 units for an average of $249,136 on Thursday. The average volume and value for the month to date, amounts to 113,074 units at $457,447, compared to an average of 108,678 units at $446,755 on the previous trading day. February closed with an average of 338,697 units at an average value of $1,495,774 for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ending with the bid higher than the last selling price and 3 with lower offers.
At the close of the market, Access Financial gained $1 to close at $51, with 26,900 shares trading, AMG Packaging ended with a loss of 5 cents at $2, as 143,545 stock units traded, CAC 2000 finished with a loss of 1 cent at $8.50, in exchanging 5,800 shares, Caribbean Cream ended trading $1 higher at $7, with 8,000 shares, Caribbean Flavours added 84 cents to end at $10.90, with 2,250 stock units. Caribbean Producers finished trading with a loss of 21 cents at $4.41, as 17,500 units changed hands, Consolidated Bakeries closed at $2, with 3,400 shares, Dolphin Cove finished at $18, with 1,133 stock units, Elite Diagnostic settled 9 cents higher at $3.01, with 2,009,501 units. Eppley ended trading at $9.50, with 800 shares trading, Express Catering traded with a loss of 3 cents at $4.82, after 26,137 shares were transferred, FosRich Group fell 7 cents at $2.68, with 17,780 shares, General Accident closed 40 cents higher at $3.30, with 245,747 stock units. GWest Corporation lost 4 cents at $2.85, with 15,000 units, Honey Bun concluded trading at $4.85, with 29,800 shares, Jamaican Teas ended trading with a loss of 20 cents at $4.55, with 50,874 stock units, Jetcon Corporation traded with a loss of 27 cents at $3.88, with 188,113 units. KLE Group closed at $2.30, with 55,000 shares, Knutsford Express ended $1 higher at $15, with 15,617 shares, Lasco Distributors concluded trading down, 5 cents at $4.15, with 75,802 stock units, Lasco Financial finished at $5, with 4,700 units. Lasco Manufacturing settled 25 cents higher at $4.25, with 508,477 shares, Main Event rose 39 cents to $6.20, with 88,990 shares, Paramount Trading finished trading and rose 3 cents to $3.19, with 7,000 stock units, Stationery and Office closed at $5.50, with 13,189 units and tTech concluded trading with a loss of 55 cents at $5, after 3,250 shares changed hands.
Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Scotia pushes JSE to intraday record – Friday

March 9, 2018 by

The Main Market of the Jamaica Stock Exchange traded in record territory on Friday with The market is trading at a record intraday high, for the all Jamaica Index of 325,588.39 having risen 6,583.63 points at 10.27 in the morning session while the main market index jumped 5,998.43 points to 296,647.83.
A rise in the price of Scotia Group up to $58 in the mid-morning session from a close of $52 on Thursday was the major factor in the big surge in the indices. The gain in the price followed the release of first quarter results showing increased profit flowing mainly from gains from sale of CrediScotia operations and major savings from reduced loan loss provisioning but with no growth in the critical loan portfolio. At the end of trading Scotia Group closed at $54.
At the close of trading, the JSE All Jamaican Composite Index jumped 2,729.22 points to 321,733.98 and the JSE Index shot up by 2,486.63 points to 293,136.03. Trading on Thursday closed with 28 securities changing hands, leading to 11 advancing, 10 declining and 6 trading firm, in the main and US dollar markets.

Scotia Group traded as high as $58 on Friday

Trading resulted in only five securities with the large price changes at the close. Kingston Wharves added $1.38 to move back to $40, PanJam Investment fell 95 cents to $41, Sagicor Real Estate Fund fell $1.99 to $15, Scotia Group rose $1.99 and Seprod dipped $1.99 to $30.01.
Main market activity ended with 6,404,825 units valued at $87,957,828 changing hands, versus 4,885,315 units valued at $99,343,789 on Thursday.
Ciboney Group closed with 1,362,000 units and 21.27 percent of shares traded, followed by Jamaica Producers with 1,101,566 units amounting to 17.20 45 percent of the day’s trades and Carreras with 798,192 units and 12.46 percent of volume traded on Friday. Trading results in an average of 237,216 shares valued at 3,257,697 for each security traded, compared to 195,413 shares valued at 3,973,752 on Thursday. For the month to date an average of 796,886 units with an average value at $10,718,888 traded, compared to 878,567 units with an average value at $11,993,901 traded on the previous trading day. In contrast, February closed with average of 213,336 units valued at $3,392,475 for each security traded.
Trading in the US dollar market ended with Proven Investments concluded trading with a loss of 0.50 cents at 21 US cents with 260,631 units valued US$54,745 changing hands as the market index closed at 165.39 with a fall of 2.33 points.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with bids higher than their last selling prices and 8 with a lower offer.

For more details of market activities see – Big advantage to falling JSE stocks – Friday.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , ,

JSE main market pulls back – Thursday

March 8, 2018 by

The Main Market of the Jamaica Stock Exchange closed sharply lower on Thursday as the market continues to be pressured by the upper end of the channel the market is trading within, that has constrained the movement from a sustained breakout, since late 2015.
At the close of trading, the JSE All Jamaican Composite Index dived 2,096.36 points to end at 319,004.76 and the JSE Index dropped 1,910.02 points to 290,649.40. Trading on Thursday closed with 26 securities changing hands, leading to 11 advancing, 10 declining and 6 trading firm, in the main and US dollar markets.
Trading saw a number of securities with the large price changes at the close. Caribbean Cement ended with a gain of $1.50 to $35, Grace Kennedy dropped back $10.20 to $44.80 after closing at a record high of $55 on Wednesday. Jamaica Producers dropped $1.99 to end at $15, Kingston Wharves lost $1.38 to $38.62 and Salada Foods climbed $1.55 to $12.05. Scotia Group added 75 cents to close at $52, but released the first quarter results to January, showing increased profit flowing mainly from gains on sale of CrediScotia and major savings, from reduced loan loss provisioning. This stock is one to watch, when trading resumes on Friday.
Main market activity ended with 4,885,315 units valued at $99,343,789 changing hands, versus 5,151,580 units valued at $52,948,353 on Wednesday.
Wisynco Group closed with 29.38 percent of shares traded, with 1,435,099 units followed by Victoria Mutual Investments accounted for 754,989 units or 15.45 percent of the day’s trades and Caribbean Cement with 621,412 units 12.72 percent of the day’s trades.
Trading results in an average of 195,413 shares valued at $3,973,752 for each security traded, compared to 183,985 shares valued at $1,891,013 on Wednesday. For the month to date an average of 878,567 units with an average value at $11,993,901 traded, compared to 1,185,335 units with an average value at $16,782,174 traded on the previous trading day. In contrast, February closed with average of 213,336 units valued at $3,392,475 for each security traded.
Trading in the US dollar market ended with Proven Investments concluded trading at 21.50 US cents with 6,000 units valued $1,290 changing hands as the market index closed at 167.72.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 4 with a lower offer.

For more details of market activities see – Grace pulls back $10.20 to $44.80 – Thursday.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , ,

Grace pulls back $10.20 to $44.80 – Thursday

March 8, 2018 by

Grace Kennedy gave back most to Wednesday’s gains.

Grace Kennedy jumped $10.99 on Wednesday but dropped back $10.20 to close at $44.80, with just 49,690 units changing hands with an average trading price of $44.78, at the close, the lowest offer was at $52 to sell 100,000 units.
Main market activity ended with 25 securities changing hands, with 11 securities rising, 10 falling, 4 trading firm on Thursday. Trading closed with 4,885,315 units valued at $99,343,789.
At the close of trading, the JSE All Jamaican Composite Index lost 2,096.36 points to 319,004.76 and the JSE Index declined by 1,910.02 points to 290,649.40.
In main market activity, Berger Paints ended with a loss of 45 cents at $17.50, with 7,524 stock units traded, Carreras finished at $10.95, with 73,489 shares, Caribbean Cement settled $1.50 higher at $35, with 621,412 shares, Ciboney Group ended trading with a loss of 1 cent at 11 cents, with 215,154 shares, Grace Kennedy traded with a loss of $10.20 at $44.80, with 49,690 stock units. Jamaica Broilers finished trading 2 cents higher at $19, with 58,116 units, Jamaica Producers closed $1.99 down to $15, with 5,529 shares trading, Jamaica Stock Exchange ended with a loss of 21 cents at $6.50, with 14,000 shares, JMMB Group concluded trading with a loss of 4 cents at $26.45, with 194,170 shares. Kingston Wharves settled with a loss of $1.38 at $38.62, with 15,936 units, Mayberry Investments ended trading at $5.35, with 3,250 shares, NCB Financial Group traded 50 cents higher at $99.50, with 134,798 shares, 1834 Investments finished trading with a loss of 3 cents to close at a 52 weeks’ low of $1.12, with 17,000 shares. 138 Student Living ended with a loss of 10 cents at $5.40, with 5,000 shares changing hands, Palace Amusement closed at $560, with 150 stock units and ended with the bid at $635 to buy 150 units. PanJam Investment gained 44 cents to end at $41.95, with 12,400 units, Radio Jamaica rose 1 cent to $1.08, with 16,900 shares, Sagicor Group ended trading with a loss of 63 cents at $36.50, with 610,999 stock units, Sagicor Real Estate Fund ended trading 24 cents higher at $16.99, with 500,436 shares, Salada Foods traded $1.55 higher at $12.05, with 250 units, Scotia Group added 75 cents and closed at $52, with 92,613 shares, Seprod closed at $32, with 165 shares, Supreme Ventures concluded trading 15 cents higher at $11.85, with 46,246 stock units. Victoria Mutual Investments finished 8 cents higher at $4.58, with 754,989 units and Wisynco Group settled 12 cents higher at $10.72, with 1,435,099 shares 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 pulls back – Thursday.”

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , ,