The junior market closed trading on Thursday with 14 active securities, while the junior market index fell 26.36 points to 2,215.76 as 5 stocks advanced and 4 declined. Market volume ended at 1,048,182 shares valued at $1,996,575 changing hands.
At the end of trading 5 stocks closed with the bids higher than their last selling prices and 2 ended with lower offers.
At the end of trading, AMG Packaging gained 12 cents and closed with 3,708 shares changing hands at $13.12, Caribbean Cream traded 4,736 units, to end at $5, Caribbean Producers had 6,680 units trading with a fall of 35 cents to close at $4, Consolidated Bakeries traded 6,700 units to end at $1.85. C2W Music fell 7 cents in trading 695,257 shares at 34 cents, Dolphin Cove eked out a gain of 10 cents while trading 1,799 units at $11.60, General Accident traded unchanged at $2.10, with 9,284 shares changing hands, Honey Bun gained 20 cents to close at $5.70 with 4,000 units changing hand.
The bid on the stock was at $5.76 at the close, to buy 2,000 units. Jetcon Corporation closed trading with 1,557 shares and gained 14 cents, to end at $2.65, Lasco Distributors traded 16,280 units to end with a loss of 10 cents, at $7.80, Lasco Manufacturing gained by 1 cent to close at $5.01 with 254,504 shares trading. Medical Disposables traded 16,614 shares to close at $3.50 after shedding 10 cents, Paramount Trading ended with 2,000 shares changing hands at $11 and tTech ended with 25,063 units changing hands, to close at $4.
Big hit for juniors on Thursday
Moderate Thursday morning trading
Trading, early Thursday morning on the Jamaica Stock Exchange has been moderate with only Cable & Wireless (C&W) with 430,076 units trading at $1.33 clearing the 100,000 shares mark.
C&W gained 18 cents in trading from the last traded price on Wednesday. The main market recorded gains in the main indices while the junior index incurred a loss.
Trading resulted in activity in 21 securities, accounting for a volume of 577,084 shares compared to 965,106 units on Wednesday as 8 stocks gained and 5 declined. The average number of shares traded amounts to 27,480 units compared to an average of 115,357 units on Wednesday.
After 75 minutes of trading in the early morning session, on Thursday, the all Jamaica Composite Index climbed 375.52 points to 176,929.97, the Jamaica Stock Exchange Market Index gained 335.77 points to 159,248.68, the Jamaica Stock Exchange combined index rose 121.08 to close at 170,572.64 points andthe junior market index slipped 18.44 points to 2,223.68.
JSE drops again on Wednesday
Scotia Group traded the most in the JSE main market.
Scotia Group dominated trading in the main market with 2,314,908 shares changing hands with the price gaining $1.05 to close at $31.80, while Grace Kennedy closed at a new 52 weeks’ high of $125.05 as investors bought 8,410 units at 5 cents more than the closing price on Tuesday.
Stocks traded, amount to 9,425,498 units valued at $122,022,748, in all market segments with the junior market accounting for to 4,960,144 shares valued at $25,785,964 of all trades.
The JSE Market Index fell 682.71 points to end at 158,912.91. The all Jamaica Composite Index dropped 763.53 points to close at 176,554.45 and the JSE combined index declined 737.78 points, to end at 170,411.56.
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 2 with lower offers.At the end of market activities, Berger Paints dropped 45 cents to close with 95,404 shares changing hands at $4.05, Cable & Wireless, lost 15 cents with 372,926 units traded to close at $1.15, Caribbean Cement dropped $2.90 to close at $19.10 after trading 7,375 units. The price of 1834 Investments fell 5 cents in trading 73,414 units at $1, Jamaica Broilers dropped 25 cents with 545,162 units changing hands, to close at $14.50. Jamaica Producers traded 25,435 shares at $49, Jamaica Stock Exchange traded 31,150 shares unchanged at $19, JMMB Group traded 230,000 units to close at $9.80. Mayberry Investments had 12,239 units trading with a gain of 33 cents at $3.85,
National Commercial Bank ended with 28,370 units changing hands at $42.10, for a rise of 30 cents, Pan Jamaican Investment Trust closed with 209,603 shares trading, as the price fell $1.40 cents to $26. Radio Jamaica had 140,504 shares trading at $1.50, Sagicor Group ended with 27,339 shares changing hands at $23, Sagicor Real Estate Fund traded 10,422 shares and rose 2 cents to close at $10.14. Salad Foods traded 90,000 shares at $8, Scotia Investments traded 12,000 shares but rose 50 cents to close at $26, Supreme Ventures ended trading with 133,313 units at $4.50, after falling 25 cents and Proven Investments ordinary share traded 40,871 units at 18 US cents.
JSE drops sharply on Tuesday
NCB lead the JSE with volume on Tuesday .
National Commercial Bank closed with 1,327,563 shares changing hands, the price fell by 20 cents to close at $41.80, Grace Kennedy chipped in with 253,791 units, with the price jumping $9, to close back at $125 and Jamaica Producers traded at a new 52 weeks’ high of $49, after rising by $1 with 17,253 shares changing hands.
Stocks traded amount to 3,512,857 units valued at $109,817,045, in all market segments with the junior market accounting for to 1,016,398 units valued at $4,845,689 of all trades.
The JSE Market Index dived 1,245.08 points to end at 159,595.62. The all Jamaica Composite Index dropped 1,392.49 points to close at 177,317.98 and the JSE combined index declined 1,133.47 points, to end at 171,149.34.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 8 stocks with bids higher than their last selling prices and 3 with lower offers.At the end of market activities, Berger Paints closed with 13,940 shares changing hands at $4.50, Cable & Wireless, lost 5 cent with 44,750 units traded to close at $1.30, Caribbean Cement gained 80 cents to close at $22 after trading 54,300 units, Carreras fell 1 cent in trading 2,400 shares and closed at $62.80. The price of 1834 Investments fell 11 cents in trading 11,900 units at $1.05, Jamaica Broilers gained 25 cents with 11,243 units changing hands, to close at $14.75. JMMB Group traded 12,445 units to close at $9.80. Pan Jamaican Investment Trust
closed with just 189 shares trading, as the price rose by 40 cents to $27.40, Radio Jamaica had 80,100 shares trading but fell 24 cents to $1.50, Sagicor Group ended with 287,712 shares changing hands after declining 1 cent to $23, Sagicor Real Estate Fund traded 38,550 shares and lost 3 cents to close at $10.12. Scotia Group rose 64 cents with 207,786 units trading to close at $30.75, Scotia Investments traded 12,600 shares but fell 50 cents to close at $25.50, Supreme Ventures ended trading with 36,902 units at $4.75, Proven Investments ordinary share traded 47,680 units at 18 US cents after slipping by 1.47 US cents and JMMB 7.5% preference share traded 29,000 units at $1.04 for a 1 cent rise.
Kremi in demand but main market falls- Tuesday
Junior market listed IC Insider’s BUY RATED Caribbean Cream 
is in strong demand in early Tuesday morning trading on the Jamaica Stock Exchange, with 571,271 units changing hands at $5, followed by Scotia Group with 163,233 shares at $30.75. No other stock reached the 100,000 unit mark.
The main market suffered a reversal of Monday’s gains while the junior market index gained.
Trading resulted in activity in 21 securities, accounting for a volume of 965,106 units as 8 stocks gained and 6 declined. The average number of shares traded amounts to just units 41,961 compared to an average of 14,733 units on Monday.
After 75 minutes of trading in the early morning session, on Tuesday, the all Jamaica Composite Index dropped 1,559.23 points to 177,151.24, the Jamaica Stock Exchange Market Index dipped 1,394.18 points to 159,446.52, the Jamaica Stock Exchange combined index dived 1,217.73 to close at 171,065.08 points andthe junior market index rose 7.22 points to 2,257.53.
CAC profit edges higher
Revenues climbed just 5 percent to $252 million and after tax profit rose 16 percent to $21.8 million for junior market listed CAC 2000, but pretax profit was slightly lower than for 2015 with $23.6 million reported for 2016 April quarter versus $24.7 million for the similar period in 2015.
For the six months to April, revenues climbed 16 percent to $481 million and after tax profit rose 20 percent to $48.5 million from $40.6 million in 2015. Gross profit rose 19.7 percent to $182 million for the six months and 8.9 percent to $96 million for the second quarter.
Selling and distribution cost fell from $10 million in the 2015 second quarter to $6 million in 2016 and for the half year, from $20 million to $14 million. Administrative cost rose from $46 million for the second quarter to $63 million and for the six months from $83 million to $114 million. The increase is “due to our investment in additional resources to support the continued growth in business,” Steven Marston, the chairman of the company stated.
The increased cost, pushed profit before other revenues to $27 million for the 2016 quarter from $34 million in 2015 and for the year to date, from $50 million to $54 million.
Earnings per share ends at 40 cents for the half year and 18 cents for the quarter. The stock trades on the Jamaica Stock Exchange junior market at $6.70 at a PE around 8.7 times this year’s earnings, putting it at 21 out of the 29 junior market listings.
At the close of April, CAC had cash of $188 million, total current assets of $771 million and current liabilities of $382 million. Borrowed funds stood at $156 million with equity capital at $382 million.
JSE jumps higher on Monday
Pan Jam office building in Kingston Jamaica.
Stocks traded amount to 9,084,743 units valued at $145,603,514, in all market segments with the junior market accounting for 775,816 shares, valued at $4,015,547 of all trades.
The market closed with prices of 10 stocks in the overall market rising, 12 declining, including 3 stocks rising and 2 declining, from the junior market.
The JSE Market Index gained 1,108.10 points to end at 160,840.70. The all Jamaica Composite Index rose 1,239.29 points to close at 178,710.47 and the JSE combined index climbed 978.39 points, to end at 172,282.81.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 6 with lower offers.
At the end of market activities, demand for Caribbean Cement has melted away as the price of oil on the world market heats up, with the stock price falling 80 cents to close at $21.20 after trading just 2,965 units. Bids for Cement are few with only 13,000 units being bought down to $19. Carreras added 1 cent in trading 33,000 shares and closed at $62.81. The price of 1834 Investments fell 4 cents in trading 77,834 units at $1.16, Jamaica Broilers traded 12,880 units changing hands to close at $14.50, Jamaica Producers traded 10,266 shares at $48, Jamaica Stock Exchange lost $1.02 in trading 2,000 shares to close at $19, JMMB Group declined by 20 cents in trading 109,800 units to close at $9.80.
National Commercial Bank closed with 304,003 shares changing hands at $42, Radio Jamaica had 78,200 shares trading but fell 11 cents to $1.74, Sagicor Group ended with 265,658 shares changing hands after rising 11 cents to $23.01, Sagicor Real Estate Fund traded 38,950 shares and gained 5 cents to close at $10.15. Scotia Group with 274,855 units to close at $30.11, Scotia Investments traded 27,072 shares and gained $1 to close at $26 and Supreme Ventures lost just 1 cent in trading 164,840 units at $4.75.
Slow start to the week – Monday
The Jamaica stock market is off to a slow start for the week with low volumes in early Monday morning trading on the Jamaica Stock Exchange.
The leading trades are Radio Jamaica with 50,800 shares at $1.75 and Lasco Financial Services with 78,198 at $3.43 and tTech have 92,965 units changing hands at $4. Iron Rock Insurance has a bid to buy 4,676,395 shares at $3.23 but the stock has not traded so far.
Trading resulted in activity in 21 securities, accounting for a volume of 309,390 units as 6 stocks gained and 4 declined. The average number of shares traded amounts to just 14,733 units compared to an average of 132,153 units on Friday.
After 75 minutes of trading in the early morning session, on Monday, the all Jamaica Composite Index rose 306.23 points to 177,777.41, the JSE Market Index gained 273.81 points to 160,006.41, the JSE combined index climbed 263.72 to close at 171,568.14 points andthe junior market index rose a mere 0.96 points to 2,255.99.
Heavy trading in 4 stocks – Friday
Scotia Group was one of the leading trades on Friday with more than 570,000 shares.
Stocks traded amount to 9,658,526 units valued at $241,159,958, in all market segments with the junior market accounting for 721,925 shares, valued at $3,110,379 of all trades.
The market closed with prices of 12 stocks in the overall market rising, 13 declining, including 6 stocks rising and 5 declining, from the junior market. At the close 2 stocks ended at a new 52 weeks’ highs and 1 at a low.The JSE Market Index gained 92.63 points to end at 159,639.97. The all Jamaica Composite Index rose 103.60 points to close at 177,471.18 and the JSE combined index climbed 184.76 points, to end at 171,119.66.
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 6 with lower offers.
At the end of market activities, Cable & Wireless closed at $1.26 after trading 269,176 units, Carreras fell 5 cents in trading 3,520 shares and closed at $62.80, Ciboney traded 65,000 units at 15 cents, Grace Kennedy closed with 157,510 shares trading at $125,
Jamaica Broilers traded 76,896 units changing hands with a fall of 15 cents to close at $14.50. Jamaica Producers traded 61,482 shares and gained 50 cents to end at $48, JMMB Group gained 18 cents in trading 10,810 units to close at $10, Sagicor Group ended with 36,368 shares changing hands after rising 10 cents to $22.90, Sagicor Real Estate Fund traded 14,900 shares but gained 55 cents to close at $10.10. Scotia Investments traded 18,878 shares, but fell $1.15 to close at $25, Seprod traded 112,200 shares with a decline of 50 cents at $16.50, Supreme Ventures gained just 1 cent in trading 34,150 units at $4.76 and Proven Investment preference share traded 20,000 units and fell 20 cents to a 52 weeks’ low of $4.80.
Pan Jam at new high in early trades
Pan Jamaican Investment traded at $27.40 for a new high with 2.66 million shares and Jamaica Producers traded at $48 for a new 52 weeks’ high with 31,798 shares, 
in early Friday morning trading on the Jamaica Stock Exchange.
Grace Kennedy traded 21,805 shares, with the price remaining unchanged at $125 with no stock now on offer.
Trading resulted in activity in 23 securities, accounting for a volume of 3,171,661 units as 11 stocks gained and 7 declined. The average number of shares traded amounts to just 132,153 units compared to an average of 63,724 units on Thursday.
After 75 minutes of trading in the early morning session, on Friday, the all Jamaica Composite Index rose 513.40 points to 177,880.98, the JSE Market Index gained 459.05 points to 160,099.02, the JSE combined index climbed 540.17 to close at 171,659.83 points and the junior market index rose 11.12 points to 2,256.56.