NCB pushes JSE to another record close

NCB rises by $2.50 on the JSE.

NCB rises by $2.50 on the JSE.

A big rise of $2.50 in shares of National Commercial Bank helped push the Jamaica Stock Exchange main market to a new record close but with trading activity declining from Friday’s levels, as trading remained subdued throughout the trading day.
At the close of trading the All Jamaica Composite Index climbed 422.80 points to close at a new closing high of 192,679.68 with the year to date gains at 16 percent. The JSE Market Index rose 378.06 points to finish at 173,331.69 and the JSE combined index gained 229.67 points to end at 185,938.49 with a gain for the year to date of 18 percent.
At the close with a mere 748,476 units valued at $7,664,842 changed hands, compared to 3,262,803 units valued at $38,639,306 changing hands on Friday. The junior market accounted for 1,589,420 units trading valued at $7,836,091 of the stocks traded.
The average trade for the day in the main market ended at 35,184 and 84,420 units month to date.ICI JSE sum 21-11-16 On Friday, an average of 76,063 units traded and for the month to date, 133,657 units, in comparison the average for the October was 220,811 units.
The market closed with 25 securities trading as the prices of 6 gained while 10 declined in the overall market, including 1 stock rising and 6 falling, in the junior market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 16 stocks with bids higher than their last selling prices and just 9 with lower offers.
In market activity, Berger Paints traded 18,000 shares to end at $5.60, Cable & Wireless lost 1 cent to close at 79 cents with 228,318 units trading, ICI -JSE fn Qts -21-11-16Grace Kennedy ended trading only 2,400 units at $40, Jamaica Producers rose 5 cents and closed at $8.35 with 104,473 shares switching owners. JMMB Group closed trading with 4,703 shares to end with a rise of 20 cents at $14, Kingston Wharves traded 5,632 shares to close at $18.80, National Commercial Bank gained $2.50 with 12,375 shares trading, Sagicor Group had 46,371 shares changing hands and fell 39 cents to close at $24.11. Scotia Group rose 1 cent in trading 53,000 shares to close at $31.51, Seprod dropped $1.40 in trading 9,250 shares to end at $26 Supreme Ventures traded 21,000 shares at $4.95 and Proven Investments ordinary share traded 46,750 units and ended at 19.50 US cents.

Slow start for JSE – Monday

ICI int -21-11-16 Trading on the Jamaica Stock Exchange is off to a slow start in early Monday morning activity with just a few securities being active with limited volume.
A total of 12 securities traded of which 5 advanced and 3 fell and resulting in a volume of just 351,677 shares changing hands carrying a value of a mere $1,089,793 compared with 753,463 shares changing hands with a value of $6,280,546 on Friday. The average number of shares traded amount to 29,306 units versus 26,909 units on Friday.
The leading volume trades in the market are, Cable & Wireless traded 223,321 shares at 79 cents and National Commercial Bank gained 50 cents in trading 10,475 units at $50.
At 10:45 am the all Jamaica Composite Index rose 537.67 points to 192,794.55, the Jamaica Stock Exchange Market Index climbed 480.78 points to 173,434.41, the Jamaica Stock Exchange combined index gained 431.69 points to close at 186,140.51 and the junior market index slipped 1.38 points to a new high of 2,462.72.

Another record close for JSE stocks

Trading in NCB's shares helped to push the JSE to a record close on Friday.

Trading in NCB’s shares helped to push the JSE to a record close on Friday.

The Jamaica Stock Exchange main market hit an intraday high after only a few minutes of the market’s opening with National Commercial Bank (NCB) stock changing hands at $55.
The movement in NCB’s price helped to push the all Jamaica composite Index market up by 5,266.74 points to 196,721.20 points and the JSE market Index surged 4,709.42 points to 176,945.54.
At the close the main market pulled back from the day’s high as NCB pulled back to close at $49.50 with 70,115 shares and ending the day with a gain of 50 cents. At the close of trading the All Jamaica Composite Index climbed 802.42 points to close at a new closing high of 192,256.88, with the year to date gains at 16 percent. The JSE Market Index rose 717.51 points to finish at 172,953.63 and the JSE combined index gained 586.89 points to end at 185,708.82 with a gain for the year to date of 18 percent.
At the close 3,262,803 units valued at $38,639,306 changed hands, compared to 5,034,107 units valued at $245,730,492 changing hands on Thursday. The junior market accounted for 1,589,420 units trading valued at $7,836,091 of the stocks traded.
ICI JSE sum 18-11-16 The average trade for the day in the main market ended at 76,063 and 133,657 units month to date. On Thursday, an average of 282,822 units traded and for the month to date, 191,250 units, in comparison the average for the October was 220,811 units.
The market closed with 39 securities trading as the prices of 20 gained while 12 declined in the overall market, including 10 stocks rising and 5 falling, in the junior market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 20 stocks with bids higher than their last selling prices and just 4 with lower offers.
In market activity, Barita Investments rose 39 cents in trading 30,019 units to close at $4.50, Berger Paints traded 27,708 shares and lost 75 cents to end at $5.60, Cable & Wireless closed at 80 cents with 188,262 units trading, Caribbean Cement dived $3.55 with 75,812 units changing hands, to close at $27. Carreras ended trading 2,172 shares, to close at $65.50. The price of 1834 Investments dropped 3 cents in trading at 180,460 shares to end at $1.30, Grace Kennedy ended up trading of 176,027 units but fell $1.44 at $40, Jamaica Broilers rose 37 cents and closed at $14.95 with 46,100 shares being switched.ICI -JSE fn Qts -18-11-16 Jamaica Stock Exchange slipped 1 cent and ended at $5.69 after trading 13,110 shares, JMMB Group closed trading with 213,827 shares to end with a fall of 70 cents at $13.80, Mayberry Investments traded 45,100 shares to close at $3.90, after rising 15 cents, Investors bought 34,029 shares of 138 Student Living at $5. Pan Jamaican Investment (soon to become PANJAM Investment limited with shareholders approving the name change) gained 94 cents and closed at $24.64 after trading 220,798 shares, Radio Jamaica lost 2 cents in trading 14,228 shares at $1.30, Sagicor Group had 160,519 shares changing hands and rose 49 cents to close at $24.50. Scotia Group recovered 20 cents in trading 62,835 shares to close at $31.50, Seprod jumped $1.57 in trading 2,200 shares to end at $27.40. Proven Investments ordinary share traded 72,952 units and ended at 19.50 US cents and JMMB Group 7.50% preference share lost 1 cent in trading 30,100 units at $1.08.

NCB pushes up Jamaican stocks

A sharp jump in the price of National Commercial Bank NCB) pushed the Jamaica Stock Exchange market indices to new record levels with the stock changing hands at $55 in early trading, pushing market up by 5,266.74 points on the all Jamaica composite Index which rose to 196,721.20 points just before 9:45 AM and the JSE market Index up by 4,709.42 to 176,945.54. ICI int -18-11-16
The main indices fell back with the NCB price pulling back to $53 with a $4 rise. Market activity resulted in 8 stocks falling while the prices of 14 $4 gain securities rose. The leading volume trades in the market are, Cable & Wireless traded 102,358 shares at 78 cents, JMMB Group had 111,345 shares changing hands at $13.99, Proven Investments had 72,952 units trading at 19.50 US cents, In the junior market Caribbean Cream fell to $7 while trading 100,000 units.
AMG Packaging climbed $1.01 with 25,000 units trading at $20.10 and Caribbean Cement dropped $1.35 to $29.
At 10:45 am the all Jamaica Composite Index jumped 2,238.35 points to 193,692.81, the Jamaica Stock Exchange Market Index climbed 1,405.58 points to 174,237.61, the Jamaica Stock Exchange combined index surged 1,879.69 points to close at 187,001.62 and the junior market index rose 2.29 points to a new high of 2,474.03.
A total of 28 securities traded of which 9 advanced and 11 fell and resulting in a volume of just 753,463 shares changing hands carrying a value of $6,280,546. The average number of shares traded amount to a low of 26,909 units.

National Commercial hits record at $58

NCB traded 5.8m shares up to $58 for an intra-day  high.

NCB traded 5.8m shares up to $58 for an intra-day high.

The Jamaica Stock Exchange main market pulled back slightly from the record close on Wednesday at $9 even as National Commercial Bank traded at a new intraday high of $58, with 4.8 million units trading.
At the close the All Jamaica Composite Index lost 333.38 points to close at 191,454.46, with the year to date gains at 14 percent. The JSE Market Index fell 298.11 points to finish at 172,236.12 and the JSE combined index eased by 15.03 points to end at 185,121.93 with a gain for the year to date of 17 percent.
At the close 5,034,107 units valued at $245,730,492 changed hands, compared to 35,034,107 units valued at $28,268,540 changing hands on Wednesday. The junior market accounted for 599,996 units trading valued at $2,314,012 of the stocks traded.
The average trade for the day in the main market ended at 282,822 and 191,250 units month to date. On Wednesday, an average of 125,962 units traded and for the month to date, 117,386 units, in comparison the average for the October was 220,811 units.
ICI JSE sum 17-11-16The market closed with 35 securities trading as the prices of 13 gained while 13 declined in the overall market, including 4 stocks rising and 5 falling, in the junior market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 19 stocks with bids higher than their last selling prices and just 6 with lower offers.
In market activity, Barita Investments lost 9 cents in trading 68,100 units to close at $4.11, Cable & Wireless closed at 80 cents with 95,301 units trading, Caribbean Cement climbed by $1.25 with 15,900 units changing hands, to close at $30.55, Carreras loss 50 cents in trading 3,000 shares to end at $65.50. Grace Kennedy ended up trading 13,000 units at $41.44 after gaining 4 cents, Jamaica Broilers rose 7 cents and closed at $14.58 with 4,935 shares changing ownership, Jamaica Producers rose 30 cents to end at $8.30 with 129,016 units trading. ICI -JSE fn Qts -17-11-16Jamaica Stock Exchange ended at $5.70 after trading 396,314 shares, JMMB Group close trading with 287,849 shares to end with a gain of 50 cents at $14.50, Mayberry Investments traded 9,925 shares to close at $3.75. Pan Jamaican Investment (soon to become PanJam Investment limited with shareholders approving the name change) gained 90 cents and closed at $23.70 after trading 9,780 shares, Portland JSX traded 9,100 units with the price recovering 79 cents to $11, for an all-time low. Radio Jamaica lost 2 cents in trading 30,611 shares at $1.30, Sagicor Group had 35,900 shares changing hands and fell 9 cents to close at $24.01, Scotia Group shed 20 cents in trading 33,025 shares to close at $31.30, Seprod dropped $1.67 in trading 3,033 shares to end at $25.83. Proven Investments ordinary share traded 16,060 units and ended at 19.50 US cents, JMMB Group 7.50% preference share lost 1 cent in trading 517,006 units at $1.08.

Record 191,788 close for JSE stocks

Bulls in cautious run on Jamaican stocks

Bulls in cautious run on Jamaican stocks

The Jamaica Stock Exchange main market surged on Wednesday as movement in National Commercial Bank shares between Tuesday and today help drive the All Jamaican index by 1,682 points to a new all-time closing high. Trading volume rose above Tuesday’s levels but with a lower dollar value.
At the close the All Jamaica Composite Index climbed 1,682.71 points to close at 191,787.84, with the year to date gains at 13 percent. The JSE Market Index rose 1,504.65 points to finish at 172,534.23 and the JSE combined index gained 996.34 points to end at 185,136.96 with a gain for the year to date of 17 percent.
At the close 5,034,107 units valued at $28,268,540 changed hands, compared to 3,554,573 units valued at $49,191,747 changing hands on Tuesday. The junior market accounted for 1,885,054 units trading valued at $7,271,634 of the stocks traded.
ICI JSE sum 16-11-16 The average trade for the day in the main market ended at 125,962 and 117,386 units month to date. On Tuesday, an average of 90,548 units traded and for the month to date, 99,679 units, in comparison the average for the October was 220,811 units.
The market closed with 39 securities trading as the prices of 14 gained while 14 declined in the overall market, including 6 stocks rising and 6 falling, in the junior market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 16 stocks with bids higher than their last selling prices and just 3 with lower offers.
In market activity, Barita Investments traded 14,000 units to close at $4.20, Berger traded 14,500 shares to gain 15 cents and close at $6.50, Cable & Wireless closed at 80 cents with 167,652 units trading, Caribbean Cement lost 65 cents with 26,557 units changing hands, to close at $29.30, Carreras gained $1 in trading 6,500 shares to end at $66. Ciboney traded 254,900 units and closed at 18 cents, Grace Kennedy ended up trading 42,866 units at $41.40 after easing 3 cents, Jamaica Broilers fell 7 cents and closed at $14.51 with 32,302 shares changing ownership, Jamaica Producers lost 20 cents to end at $8 with 124,267 units trading.ICI -JSE fn Qts -16-11-16Jamaica Stock Exchange rose 19 cents and ended at $5.70 after trading 71,432 shares, JMMB Group close trading with 289,634 shares to end at $14, Mayberry Investments rose 10 cents in trading 35,604 shares to close at $3.75, National Commercial Bank ended with just 2,200 shares changing hands but fell back $4 to $49. Trading in the shares of 138 Student Living ended in 53,200 units changing hands at $5, Pan Jamaican Investment fell 85 cents and closed at $22.80 after trading 40,782 shares, Portland JSX traded just 1,000 units with the price falling 79 cents to $10.21, for an all-time low. Sagicor Group had 117,831 shares changing hands and fell 89 cents to close at $24.10, Sagicor Real Estate Fund closed at $10.23 with 21,237 units switching owners, Scotia Group gained 29 cents in trading 75,089 shares to close at $31.50, Seprod rose 20 cents in trading 82,367 shares to end at $27.50. Proven Investments ordinary share traded 15,255 units to end at 19.50 US cents compared to 19.97 US cents on Tuesday, JMMB Group 7.50% preference share gained 1 cent in trading 1,251,688 units at $1.09 and Jamaica Money Market Brokers 7.50% preference share ended in trading 401,986 units at $2.10.

National Commercial jumps $7 to $53

NCB closes at new record on Tuesday on the JSE.

NCB closes at new record on Tuesday on the JSE.

National Commercial Bank jumped 15 percent with a rise of $7 to a 52 weeks’ high of $53 while trading 64,595 shares. Trading levels on the Jamaica Stock Exchange climbed on Tuesday from Monday’s levels and the main market climbed as the number of securities rising exceeded those falling almost 2 to 1 with 4 stocks hitting 52 weeks’ high.
At the close the All Jamaica Composite Index climbed 1,633.32 points to close at 190,105.13, with the year to date gains at 13 percent. The JSE Market Index rose 1,460.49 points to finish at 171,029.58 and the JSE combined index gained 1,250.77 points to end at 184,140.62 with a gain for the year to date of 15.6 percent.
At the close 3,554,573 units valued at $49,191,747 changed hands, compared to 1,386,155 units valued at $4,662,262 changing hands on Monday. The junior market accounted for 1,290,866 units trading valued at $5,509,660 of the stocks traded.
ICI Jm sum 15-11-16rv The average trade for the day in the main market ended at 90,548 and 99,679 units month to date. On Monday, an average of 62,133 units traded and for the month to date, 108,809 units, in comparison the average for the October was 220,811 units.
The market closed with 42 securities trading as the prices of 21 gained while 13 declined in the overall market, including 9 stocks rising and 8 falling, in the junior market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 12 stocks with bids higher than their last selling prices and just 1 with a lower offer.
In market activity, Barita Investments traded 115,028 units and gained 20 cents to close at $4.20, Cable & Wireless closed at 80 cents with 436,344 units trading, Caribbean Cement lost 5 cents with 131,792 units changing hands, to close at $29.95, Carreras traded 2,000 shares to end at $65. Grace Kennedy ended up trading 378,873 units at $41.43 after rising 63 cents,ICI -JSE fn Qts -15-11-16r Jamaica Broilers fell 42 cents and closed at $14.58 with 6,665 shares changing ownership, Jamaica Stock Exchange rose 19 cents and ended at $5.69 after trading 101,985 shares, JMMB Group gained 55 cents in trading 237,408 shares to end at $14. Kingston Wharves jumped $1.26 in trading 40,000 shares to close at $18.51, Pan Jamaican Investment fell 5 cents and closed at $23.65 after trading 108,967 shares, Radio Jamaica closed with a gain of 1 cent to close at $1.32 with 23,297 shares trading, Sagicor Group had 452,560 shares changing hands and rose 99 cents to close at $24.99. Sagicor Real Estate Fund traded with a rise of 11 cents to close at $10.23 with 29,630 units switching owners, Scotia Investments gained 10 cents in trading 37,500 shares to close at $26.65, Seprod rose 30 cents in trading 4,600 shares to end at $27.30. Supreme Ventures fell 10 cents trading 47,100 shares to close at $4.90 and JMMB Group 7.50% preference share traded 26,082 units at $1.08.

Jamaican stocks surge in early trading

Trading on the Jamaica Stock Exchange is off to spirited activity with sharply greater volumes as well as the number of securities changing hands. Trading lead to a new junior market high after clearing he 2,500 points level for the first time. Main market indices climbed sharply, after 75minutes of market activity.
Market activity resulted in 8 stocks falling while the prices of 14 securities rose. The leading volume trades in the market are, ICI int -15-11-16Barita Investments traded 107,628 shares at $4.20, Jamaica Stock Exchange had 86,100 shares down at $5.50, JMMB Group had 170,200 shares changing hands at $14, Kingston Wharves exchanged 40,000 units at $18.51, National Commercial Bank traded shares at 52,966 shares at $46.01 and Sagicor Group had 120,786 units trading at $24. In the junior market Caribbean Cream fell to $7 while trading 67,195 units, Consolidated Bakeries traded 200,000 shares and slipped to $2.20, Lasco Distributors had 50,282 units at $6.90, Lasco Manufacturing has so far traded 108,900 units at $4.90 and tTech trades 110,428 shares at $5.10.
The all Jamaica Composite Index jumped 1,571.91 points to 190,043.72, the Jamaica Stock Exchange Market Index climbed 1,405.58 points to 170,974.67, the Jamaica Stock Exchange combined index surged 1,587.17 points to close at 184,477.02 and the junior market index rose 27.61 points to a new high of 2,522.83.
At 10:45 am, a total of 30 securities traded, resulting in a volume of 1,416,958 shares changing hands carrying a value of $16,631,315 compared with only 153,140 units valued at just $1,460,514 on Monday. The average number of shares traded amount to 47,232 units up from just 10,209 units.

Jamaican stocks close down – Monday

SM sign Trading levels on the Jamaica Stock Exchange slipped at the close on Monday from Friday’s with the number of securities and volume trading falling, compared to Friday. At the close the All Jamaica Composite Index fell 919.74 points to close at 188,471.81, with the year to date gains at 12.6 percent. The JSE Market Index fell 822.42 points to finish at 169,569.09 and the JSE combined index dropped 623.42 points to end at 182,889.85 with a gain for the year to date of 15.6 percent.
At the close 1,386,155 units valued at only $14,662,262 changed hands, compared to 2,121,591 units valued at $35,719,971 changing hands on Friday. The junior market accounted for 143,487 units trading valued at $754,871 of the stocks traded.
The average trade for the day in the main market ended at 62,133 and 108,809 units month to date. On Friday, an average of 81,096 units traded and for the month to date, 155,485 units, in comparison the average for the October was 220,811 units.
ICI JSE sum 14-11-16The market closed with 31 securities trading as the prices of 7 gained while 16 declined in the overall market, including 4 stocks rising and 4 falling, in the junior market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 13 stocks with bids higher than their last selling prices and just 5 with lower offers.
In market activity, Berger Paints traded 43,963 units and rose 5 cents to $6.35, Cable & Wireless closed with a loss of 5 cents to end at 80 cents with 344,471 units trading, Caribbean Cement dropped 50 cents with 18,591 units changing hands to close at $30, Carreras traded 2,675 shares and lost $1 to end at $65. Grace Kennedy fell 65 cents and ended up trading 17,455 units at $40.80, Jamaica Broilers gained 30 cents and closed at $15 with 6,050 shares changing ownership,ICI -JSE fn Qts -14-11-16 Jamaica Producers rose 20 cents in trading 1,000 shares to close at $8.20, Jamaica Stock Exchange fell 20 cents and ended at $5.50 after trading 339,443 shares. JMMB Group traded 59,840 shares to end at $13.45 with a loss of 25 cents, Mayberry Investments ended with 12,951 shares trading to close at $3.65 for a fall of 35 cents, National Commercial Bank ended trading of 19,790 shares to close at $46, Pan Jamaican Investment closed at $23.70 after trading 3,000 shares. Radio Jamaica closed with a 14 cents loss at $1.31 with 22,974 shares trading, Sagicor Group had 85,203 shares changing hands to close at $24, Sagicor Real Estate Fund traded with a fall of 13 cents to close at $10.12 with 93,001 units switching owners, Scotia Group traded 117,800 shares to close at $31.21, Scotia Investments dived $4.45 in trading 6,200 shares to end at $26.55 and Seprod fell 50 cents in trading 43,847 shares to end at $27.

Moderate trading for Jamaican stocks

ICI int -14-11-16 Trading on the Jamaica Stock Exchange started the new weekly session in the morning session on Monday with very moderate traded with the main market indices falling mildly and the junior market down slightly with just 3 junior stocks trading after 75 minutes of market activity.
Market activity resulted in 8 stocks falling while the prices of 2 securities rose.
Berger Paints with 43,963 shares at $6.35, is the leading traded stock followed by, Sagicor Real Estate Fund 42,000 units at $10.23 and Jamaica Stock Exchange with 16,123 units at $5.69.
The all Jamaica Composite Index fell 171.32 points to 189,220.23, the Jamaica Stock Exchange Market Index lost 153.19 points to 170,238.32, the Jamaica Stock Exchange combined index declined 142.06 points to close at 183,371.21 and the junior market index lost 3.32 points to 2,481.66.
At 10:45 am, a total of 15 securities traded, resulting in a volume of only 153,140 shares changing hands carrying a value of $1,460,514. The average number of shares traded amounts to just 10,209 units.