JSE closes sharply higher on Wednesday

Grace Kennedy shares ended at a 52 weeks' closing high on the Jamaica Stock Exchange on Wednesday.

Grace Kennedy shares ended at a 52 weeks’ closing high on the Jamaica Stock Exchange on Wednesday.

Prices surged on the Jamaica Stock Exchange as the prices of 19 securities gained pushing the main market indices up sharply. A total of 40 securities traded, with 19 rising, 10 declining, including an equal number of 5 stocks, rising and falling from the junior market.
The JSE Market Index jumped 2,358.31 points to end at 162,282.21 the all Jamaica Composite Index surged 2,637.40 points to close at 180,322.56 and the JSE combined index climbed 1,894.91 points, to end at 172,941.88.
Supreme Ventures traded 8,126,388 units that help push market volume to 14,235,064 units valued at $406,796,824 changing hands, in all market segments. The junior market accounted for 2,802,872 units traded, valued at $13,180,124 of all trades.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 15 stocks with bids higher than their last selling prices and 2 with lower offers.
JSE Sum 3-08-16At the end of market activities, Barita Investments traded 17,077 units and gained 50 cents, to close at $3, Berger Paints traded 10,892 shares to end at $4.55, Cable & Wireless gained 10 cents in trading 275,234 shares to close at $1.25, Caribbean Cement rose 10 cents in trading 288,375 shares to close at $25.60. Carreras rose 93 cents in exchanging 23,767 shares at $65.90, trading in 1834 Investments, resulted in 306,883 shares changing hands to close at $1.39, Grace Kennedy jumped $1.99 to close at a new high of $126.99 with 93,212 shares changing hands. Jamaica Broilers ended with 6,648 shares changing hands and fell 48 cents to $14.52, Jamaica Producers rose 4 cents in trading 65,292 shares to end at $8.29, Jamaica Stock Exchange had 18,000 shares trading at $22, JMMB Group traded 32,910 units to end at $9.50, after falling 40 cents. Kingston Properties traded 10,483 shares but lost 7 cents to end at $8.93. Kingston Wharves gained 3 cents with 35,725 units changing hands and closed at $15.53, Mayberry Investments gained 23 cents with 10,000 shares trading, to close at $3.30, National Commercial Bank traded 11,505 units changing hands, to close with a gain of 70 cents at $42.50, Pan Jamaican traded 2,618 shares and rose by 49 cents to end at $25.50. Portland JSX traded 16,155 shares and fell 35 cents to end at $12.50, Radio Jamaica rose 20 cents to close at $1.60 after 157,613 shares changed hands, Sagicor Group climbed 75 cents to end with just 700 shares changing hands at $22.15. JSE trades 3-08-16Sagicor Real Estate Fund traded 18,840 shares to close at $10.50, Scotia Group jumped $2.38 while trading 533,602 shares to end at $32.48, Scotia Investments had 8,473 units changing hands at $26.50, for a gain of 40 cents, Supreme Ventures lost 1 cent and ended at $4.50, with 8,126,388 units changing hands. Proven Investments traded 137,500 units to close at 19 US cents for a rise of 1 US cent, JMMB Group 7.5% preference share traded 40,000 shares to close at $1.12 after gaining 2 cents and Jamaica Money Market Brokers 7.5% preference share traded 1,183,000 shares to close at $2.09.

JSE gained 1,000 points – Wednesday

The Jamaica Stock Exchange all Jamaica Composite index surged 1,134 points on the Wednesday morning session and the main market JSE index shot up by 1,036 points after nearly an hours trading but slipped back slightly with 14 securities rising and only 5 declining.
JSE Intra - 3-08-16Cable & Wireless traded at $1.20, Carib Cement traded at $26, Kingston Wharves moving to $15.99 while National Commercial Bank traded at $42.75 and Scotia Group traded at $30.50.
the markets indices slipped back from their early high, and by 10:45 am, the all Jamaica Composite Index rose 738.02 points to 178,423.18, the Jamaica Stock Exchange Market Index climbed 659.92 points to 160,583.82, the Jamaica Stock Exchange combined index gained 460.01 points to close at 171,691.28 points andthe junior market index dived 14.83 points to 2,198.19 as Lasco Distributors traded 1,061,249 units down to $7.
Trading at 10:45 am resulted in 26 securities changing hands, accounting for a volume of 2,127,681 shares. The average number of shares traded amounts to 81,834 units compared to 83,033 units on Tuesday.

JSE opens August positively

Exchange place 2 The Jamaica Stock Exchange closed on the first trading day of August with moderate gains in the market indices on Tuesday, but advancing stocks were just edged out losers. A total of 31 securities traded, with 11 rising, 12 declining, including 7 stocks, rising and 3 falling in the junior market, as the market continues to consolidate.
The JSE Market Index rose 101.94 points to end at 159,923.90 the all Jamaica Composite Index gained 114.00 points to close at 177,685.16 and the JSE combined index rose 219.30 points, to end at 171,046.97.
The market closed trading, with 2,798,225 units valued at $141,568,340 changing hands, in all market segments. The junior market accounted for 478,536 units traded, valued at $2,513,232 of all trades.
JSE Sum 2-08-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 11 stocks with bids higher than their last selling prices and 5 with lower offers.
At the end of market activities, Berger Paints traded 1,608 shares to end at $4.55, Cable & Wireless fell 2 cents in trading 149,674 shares to close at $1.15, Carreras rose 7 cents in exchanging 4,125 shares at $64.97, Grace Kennedy closed at $125 with 11,322 shares changing hands. Jamaica Broilers ended with 1,559,831 shares changing hands with a 49 cents gain to close at $15, Jamaica Producers gained 10 cents in trading 1,590 shares to end at $8.25. Jamaica Stock Exchange dropped 50 cents to end at $22 while trading 7,200 shares, JMMB Group fell by 5 cents in trading 34,044 units to end at $9.90, Kingston Wharves with 5,221 units changing hands, closed at $15.50. National Commercial Bank lost 45 cents with 14,133 units changing hands, to close at $42.05,JSE fn qts 2-08-16 Pan Jamaican traded 5,934 shares and fell 46 cents to end at $25.01. Radio Jamaica lost 15 cents to close at $1.40 after 6,990 shares changed hands, Sagicor Group ended with a fall of $1.10 while 41,845 shares changed hands at $21.40. Sagicor Real Estate Fund traded just 1,442 shares but rose 40 cents to close at $10.50. Supreme Ventures ended at $4.51, with 5,100 units changing hands, Proven Investments traded 50,250 units to close at 18 US cents for a fall of 1 US cent and Jamaica Money Market Brokers 7.50% preference share traded 417,560 units to close at $2.09.

JSE rises to close month on Friday

Carib Cement jumped $2.50 to end at $25.50, in response to gains in their six months profit.

Carib Cement jumped $2.50 to end at $25.50, in response to gains in their six months profit.

The Jamaica Stock Exchange closed out July with all round gains in the market indices on Friday, but advancing stocks were just edged out losers. A total of 39 securities traded, with 14 rising, 15 declining, including an equal number of 6 stocks, rising and falling from the junior market, as the market continues to consolidate.
The JSE Market Index rose 566.36 points to end at 159,821.96 the all Jamaica Composite Index gained 633.39 points to close at 177,571.16 and the JSE combined index rose 961.27 points, to end at 170,827.67.
The market closed trading, with 4,227,889 units valued at $28,371,983 changing hands, in all market segments. The junior market accounted for 2,718,436 units traded, valued at $8,665,436 of all trades.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 13 stocks with bids higher than their last selling prices and 3 with lower offers.
ICI JSE sum 29-07-16At the end of market activities, Berger Paints traded 15,850 shares to end at $4.55, Cable & Wireless fell 2 cents in trading 115,600 shares to close at $1.17, Caribbean Cement jumped $2.50 in trading 95,953 shares to close at $25.50, Carreras loss 4 cents in exchanging 8,975 shares at $64.90. Ciboney traded 110,055 units and gained 2 cents to end at 19 cents. Trading in 1834 Investments, resulted in 1,420 shares changing hands to close with a loss of 1 cent at $1.39, Grace Kennedy closed at $125 with 15,999 shares changing hands, Jamaica Broilers ended with 202,163 shares changing hands and fell 49 cents to $14.51, Jamaica Producers lost 5 cents in trading 36,857 shares to end at $8.15. JMMB Group traded 39,201 units to end at $9.95, Kingston Wharves lost 50 cents with 686 units changing hands and closed at $15.50. Mayberry Investments gained 7 cents and ended with 22,000 shares trading, to close at $3.07, National Commercial Bank traded 23,857 units changing hands, to close at $42.50, Pan Jamaican traded 19,480 shares and rose by 47 cents to end at $25.47. Pulse Investments traded 8,000 shares and gained 15 cents to end at $3.85,IN-JSE fn Qts 29-07-16 Radio Jamaica rose 12 cents to close at $1.55 after 351,717 shares changed hands, Sagicor Group ended with 22,589 shares changing hands at $22.50. Sagicor Real Estate Fund traded 37,688 shares but fell 2 cents to close at $10.10, Scotia Group loss 10 cents in trading 45,091 shares to end at $30.10, Scotia Investments had 4,000 units changing hands at $26.10 for a gain of $1.09, Seprod had 4,700 units changing hands at $17.40. Supreme Ventures lost 19 cents and ended at $4.51, with 13,725 units changing hands, Proven Investments traded 262,700 units to close at 19 US cents for a rise of 2 US cents and JMMB Group 7.5% traded 51,000 shares to close at $1.10.

Junior index jumps 41 points – Friday

The junior market index jumped by 41 points with one new high and Knutsford Express jumping $4 while main market stocks also rose.
JSE intra 29-07-16Cargo Handlers traded 1,875 units climbing $7 to a new all-time high of $56 while Knutsford Express jumped $4 to $19 with just 316 units changing hands. Caribbean Cement traded 87,953 to at $24.95 for a rise of $1.95 while National Commercial Bank fresh from reporting a 25 percent jump in June quarter results has so far traded just 9,333 units at $42, with the bid at $42 with a small volume being demanded.
The all Jamaica Composite Index rose 427.71 points to 177,365.48 the Jamaica Stock Exchange Market Index climbed 422.44 points to 159,638.04, the Jamaica Stock Exchange combined index gained 382.44 points to close at 170,737.91 points andthe junior market index added 41.10 points to 2,199.47.
Trading at 10:45 am resulted in only 20 securities changing hands, accounting for a volume of 457,835 shares, with 7 securities rising and 8 falling. The average number of shares traded amounts to 22,892 units compared to 30,141 units on Thursday.

Rising stocks hit 19 on Thursday

stock_exchangeboard4 The Jamaica Stock Exchange recorded gains in the two main market indices at the close on Thursday, but more stocks recorded gains than losses. A total of 44 securities traded, with 19 rising, 10 declining, including 5 stocks rising and 7 declining from the junior market, as the market continues to consolidate.
The JSE Market Index rose 271.59 points to end at 159,255.60 the all Jamaica Composite Index gained 303.73 points to close at 176,937.77 and the JSE combined index fell 107.78 points, to end at 169,866.40.
The market closed trading, with 1,530,047 units valued at $13,106,978 changing hands, in all market segments. The junior market accounted for 816,187 units traded, valued at $3,553,629 of all trades.
At the end of market activities, ICI JSE sum 28-07-16Cable & Wireless gained 2 cents in trading 126,771 shares to close at $1.19, Caribbean Cement rose 50 cents in trading only 3,498 shares to close at $23, Carreras gained 10 cents in exchanging 1,800 shares at $64.94. Trading in 1834 Investments, resulted in 33,500 shares changing hands to close with a gain of 10 cents at $1.40, Grace Kennedy gained $2.50 to close at $125 with 2,640 shares changing hands, Jamaica Broilers ended with 8,429 shares changing hands and rose 49 cents to $15, Jamaica Producers rose 15 cents in trading 7,850 shares to end at $8.20. Jamaica Stock Exchange dropped 50 cents to end at $22.50 while trading 49,495 shares, JMMB Group fell 4 cents trading 19,849 units to end at $9.95, Kingston Wharves with 20,624 units changing hands and closed at $16. Mayberry Investments ended with 39,431 shares trading to close at $3, National Commercial Bank and gained 50 cents with 5,709 units changing hands, to close at $42.50, Pan Jamaican traded 98,664 shares and rose by 50 cents to end at $25.IN-JSE fn Qts 28-07-16 Pulse Investments traded just 1,500 shares and gained 40 cents to end at $3.70, Radio Jamaica rose 1 cent to close at $1.43 after 20,330 shares changed hands, Sagicor Group ended with 39,720 shares changing hands and gained 50 cents to $22.50. Scotia Group traded 3,636 shares to end at $30.20, Scotia Investments had 100,000 units changing hands at $25.01 for a fall of $1.09, Seprod had 9,842 units changing hands at $17.40, Supreme Ventures lost 10 cents and ended at $4.70, with 9,000 units changing hands. Proven Investments traded 12,522 units to close at 17 US cents for a rise of 1 US cents and JMMB Group 7.5% traded 90,000 shares to close at $1.10.

Lasco Distributors hits junior index – Wednesday

Lasco Distributors fell initially to $6.55 and headed back to $7.40 and helped hit the junior market index down by 41 points, but main market stocks also slipped but marginally.JSE intra 28-07-16 The fall in the Lasco share price was in reaction to the company’s first quarter profit after tax of $175.4 million, or 33% more than the same period in 2015.
The market saw Scotia Investments trading 100,000 units at $25.01, JMMB Group 7.50% preference share traded 90,000 units at $1.10, Pan Jamaican Investment had 74,764 shares changing hands at $24.50 and Consolidated Bakeries traded 185,000 units at $2.15.
The all Jamaica Composite Index fell 29.18 points to 176,604.86 the Jamaica Stock Exchange Market Index is down 26.10 points to 158,957.91, the Jamaica Stock Exchange combined index declined 409.09 point to close at 169,565.09 points andthe junior market index dropped 37.51 points to 2,155.92.
Trading at 10:45 am resulted in only 22 securities changing hands, accounting for a volume of 663,102 shares, with 7 securities rising and 7 falling. The average number of shares traded amounts to 30,141 units.

Falling stocks beat advancers on Wednesday

Exchange place The Jamaica Stock Exchange recorded gains in all major indices at the close on Wednesday, but more stocks declined than those that recorded gains. A total of 34 securities traded, with 8 rising, 13 declining, including 3 stocks rising and 4 declining from the junior market, as the market continues to consolidate.
The JSE Market Index rose 26.27 points to end at 158,984.01 the all Jamaica Composite Index gained 29.37 points to close at 176,634.04 and the JSE combined index added 148.31 points, to end at 169,974.18.
The market closed trading, with 4,045,547 units valued at $82,940,181 changing hands, in all market segments. The junior market accounted for 1,816,484 units traded, valued at $5,056,429 of all trades.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 13 stocks with bids higher than their last selling prices and just 1 with a lower offer.
ICI JSE sum 27-07-16At the end of market activities, Cable & Wireless traded 126,763 shares to close at $1.17, Caribbean Cement fell 5 cents in trading only 225 shares to close at $22.50, but closed with a bid at $22.55 to buy 170,000 shares, the stock was offered at $23.50 with 2,578 units. Carreras lost 15 cents in exchanging 2,622 shares at $64.84. Trading in 1834 Investments, resulted in 173,094 shares changing hands to close at $1.30. Jamaica Broilers ended with 24,959 shares changing hands, to close with a fall of 49 cents at $15, Jamaica Producers fell 10 cents in trading 13,480 shares to end at $8.05, JMMB Group traded 1,600 units to end at $9.99, Kingston Wharves climbed 1 cent with 16,676 units changing hands and closed at $16. National Commercial Bank ended with 159,813 units changing hands to close with a loss of 6 cents at $41.94, Pan Jamaican traded 25,605 shares  to end at $24.50, Radio Jamaica gained 5 cents to close at $1.42 after 16,826 shares changed hands,IN-JSE fn Qts 27-07-16 Sagicor Group ended with 4,500 shares changing hands and declined 5 cents to $22. Sagicor Real Estate Fund traded 5,620 shares to close at $10.12, after falling by 38 cents,  Scotia Group fell by 30 cents in trading 11,316 shares to end at $30.20, Seprod had 8,600 units changing hands at $17.40 for a rise of 40 cents. Proven Investments traded 819,764 units to close at 16 US cents for a fall of 0.99 US cents. JMMB Group 7.5% traded 600,000 shares while gaining 5 cents to close at $1.10 and Jamaica Money Market Brokers 7.50% preference share traded 191,550 units at $2.09.

JSE majors rise on Tuesday

Carreras climbed $2.49 on Tuesday.

Carreras climbed $2.49 on Tuesday.

The Jamaica Stock Exchange recorded gains in all major indices at the close on Tuesday, as winners beat out losers. A total of 40 securities traded, of which 17 stocks gained, 11 declined, including 5 stocks rising and 3 declining from the junior market, as the market continues to consolidate.
The JSE Market Index rose 158.02 points to end at 158,957.74, the all Jamaica Composite Index gained 176.73 points to close at 176,604.67 and the JSE combined index added 402.50 points, to end at 169,825.87.
The market closed another day of moderate trading, with 10,582,014 units valued at $306,568,341 changing hands, in all market segments, thanks partially to 6.76 million units trade in Jamaica Broilers Group. The junior market accounted for 1,483,101 units traded valued at $7,313,357 of all trades.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 11 stocks with bids higher than their last selling prices and just 1 with a lower offer.
At the end of market activities, Berger Paints traded 15,196 shares and gained 15 cents to end at $4.55, Cable & Wireless traded 162,613 shares to close at $1.17,ICI JSE sum 26-07-16 Caribbean Cement fell 45 cents in trading 61,670 shares to close at $22.55, Carreras rose $2.49 in exchanging 64,676 shares at $64.99. Trading in 1834 Investments, resulted in 46,006 shares changing hands to close with a gain of 10 cents at $1.30. Grace Kennedy closed at $122.50 after falling by 50 cents, with 17,598 units changing hands. Jamaica Broilers ended with 6,763,178 shares changing hands, to close with a rise of 26 cents at $15, Jamaica Producers traded 60,419 shares and ended at $8.15, Jamaica Stock Exchange rose $1 to end at $23 while trading 20,704 shares. JMMB Group traded 100,100 units and gained 9 cents to end at $9.99, Kingston Wharves climbed 49 cents with 200 units changing hands and closed at $15.99. National Commercial Bank ended with 43,398 units changing hands to close at $42, Pan Jamaican traded 22,126 shares and gained 50 cents to end at $24.50, Portland JSX traded 40,019 shares and lost 1 cent to close at $12.89. Radio Jamaica lost 2 cents to close at $1.37 after 266,334 shares changed hands, Sagicor Group ended with 20,898 shares changing hands and declined 95 cents to $22.04,IN-JSE fn Qts 26-07-16 Sagicor Real Estate Fund traded 38,447 shares to close at $10.50, Scotia Group rose by 30 cents in trading 124,880 shares to end at $30.50. Scotia Investments had 6,800 units changing hands at $26.10 for a fall of $1.39, Supreme Ventures gained 20 cents in trading 48,268 shares to end at $4.80, Proven Investments traded 60,990 units to close at 16.99 US cents for a rise of 0.99 US cents. JMMB Group traded 5,000 shares while losing 3 cents to close at US$1.05, JMMB Group 7.5% preference share traded 425,253 units at $1.05 and Jamaica Money Market Brokers 7.50% preference share traded 680,580 units at $2.09 after slipping 1 cent.

Broilers trades 5m shares

JSE intra 26-07-16 The Jamaica stock market saw heavy trading in Jamaica Broilers Group with over 5 million shares with the bulk being crosses done by Scotia Investments.
The all Jamaica Composite Index fell 138.16 points to 176,289.78 the Jamaica Stock Exchange Market Index is down 123.54 points to 158,676.18, the Jamaica Stock Exchange combined index declined 170.79 point to close at 169,252.58 points andthe junior market index dropped 5.48 points to 2,150.93 with the jump in the price of Lasco Distributors.
Trading at 10:50 am resulted in only 27 securities changing hands, accounting for a volume of 7,009,625 shares, with 8 securities rising and only 12 falling. The average number of shares traded amounts to 259,616 compared to an average of 32,438 units on Monday.