Trading in the early Wednesday morning session on the Jamaica Stock Exchange was moderate in a lackluster market but Honey Bun traded at a new high of $7.50 with a 50 cents gain.
Trading resulted in activity in 23 securities, accounting for a volume of a mere 253,341 units as 8 stocks gained and 5 declined. The average number of shares traded amounts to just 11,015 units compared to an average of 714,361 units on Tuesday
After 75 minutes of trading in the early morning session, on Wednesday, the all Jamaica Composite Index dropped 948.35 points to 176,636.15, the JSE Market Index lost 847.97 points to 158,986.96, the JSE combined index dipped 715.15 to close at 170,111.47 points and the junior market index inched up 6.90 points to 2,206.44.
Moderate trading as JSE drops – Wednesday
June 8, 2016 by
Grace hits $120 & stock split coming
June 7, 2016 by
Group Chief Executive Officer, Don Wehby announced a proposed 3 for 1 stock split for the company.
A total of 35 securities changed hands on Monday, accounting for 22,588,186 units valued at $114,452,207, in all market segments. The junior market accounted for 7,943,352 shares, valued at $36,689,714 of the overall trades.
The price of 13 stocks in the overall market rose, 15 declined, including 5 stocks rising and 8 declining, from the junior market as 4 stocks in all markets hit new highs, four of which ended at new 52 weeks’ high.
The JSE Market Index dropped 1,266.89 points to end at 159,833.93. The all Jamaica Composite Index lost 1,416.85 points to close at 177,584.50 and the JSE combined index slipped 1,126.86 points, to close at 170,826.62.
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 8 with lower offers.At the end of market activities, Berger Paints traded just 1,734 shares with the price rising 30 cents, to end at $4.80, Cable & Wireless lost 2 cents, in closing at $1.38 after trading 201,389 units, Caribbean Cement fell 25 cents, in trading 16,386 shares and closed at $24. Carreras had 101,167 units trading, to close with a loss of 98 cents, at $65.02. The price of 1834 Investments traded at $1.23 with 6,840,665 units changing hands, compared to 10,000,000 shares on Monday, Grace Kennedy jumped $10 in trading 247,831 units, to close at a 52 weeks high of $120, after it traded as high as $120.50, Jamaica Broilers ended with 260,971 units changing hands at $14.50, after adding 75 cents. Jamaica Producers traded 223,976 shares to end 1 cent higher at a 52 weeks’ high of $44.01, but traded as high as $45, Jamaica Stock Exchange rose 80 cents trading 41,900 shares, to close at $20.80, JMMB Group traded 2,200 units as the price gained 1 cent to $10, Kingston Wharves ended trading 9,975 stock units at $12. National Commercial Bank traded 26,750 shares, to close with a loss of $1 at $42,
Pan Jamaican Investment Trust traded 15,116 shares and ended at $26.50, Radio Jamaica closed trading with 6,485,157 shares down from 10,249,651 shares on Monday with the price falling 22 cents to end at $2, Sagicor Group ended with 15,200 shares changing hands with at $23. Sagicor Real Estate Fund gained 12 cents to close at $10.12 with 38,492 shares changing hands. Scotia Group slipped $1.49 to close at $31 as 13,594 units changed hands, Seprod traded 41,367 units, gained 30 cents to end at $16.80, Supreme Ventures traded 7,063 units to close at $4.50 and Proven Investments lost 1.49 US cents, to close at 18 US cents, while trading 54,081 shares.
JSE stocks ride on up
June 6, 2016 by
RJR closed at a new 52 weeks high of $2.22 after trading 10m shares.
A total of 36 securities changed hands on Monday, accounting for 26,280,948 units valued at $158,936,391, in all market segments. The junior market accounted for 1,803,816 shares, valued at $8,745,258 of the overall trades.
The price of 14 stocks in the overall market rose, 12 declined, including 7 stocks rising and 2 declining, from the junior market as 4 stocks in all markets hit new highs, three of which ended at new 52 weeks’ high.
The JSE Market Index rose 438.15 points to end at 161,100.82. The all Jamaica Composite Index gained 490.02 points to close at 179,001.35 and the JSE combined index climbed 705.35 points, to close at 171,943.48.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 9 stocks with bids higher than their last selling prices and 6 with lower offers.
At the end of market activities, Berger Paints traded 10,259 shares with the price rising 1 cent, to end at $4.50, Cable & Wireless lost 7 cents, in closing at $1.40 after trading 46,675 units, Caribbean Cement fell 25 cents, in trading 34,161 shares and closed at $24.25. Carreras had 1,206,443 units trading, to close with a loss of 98 cents, at $65.02. The price of 1834 Investments rose 6 cents, to $1.23 with 10,000,000 shares changing hands, Grace Kennedy dropped $5 in trading 1,443 units, to close at $110, Jamaica Broilers ended with 33,115 units changing hands at $13.75, after shedding 25 cents, Jamaica Producers traded 51,610 shares to end at $44. Jamaica Stock Exchange lost 80 cents trading 25,000 shares to close at $20, JMMB Group traded 2,027,654 units as the price lost 1 cent to end at $9.99, Kingston Wharves rose by 20 cents in trading 23,106 stock units at $12,
National Commercial Bank traded 1,150 shares, to close with a gain of $1 at $43. Pan Jamaican Investment Trust traded 51,241 shares and ended at $26.50, Pulse Investments closed with 100,000 shares trading at $3, Radio Jamaica closed trading with 10,249,651 shares with the price rising 12 cents to a 52 weeks’ high of $2.22, Sagicor Group ended with 399,062 shares changing hands with a rise of 1 cent at $23. Scotia Group slipped 48 cents to close at $32.49 as 15,680 units changed hands, Seprod traded 62,258 units and declined 38 cents to end at $16.50, Supreme Ventures traded 101,443 units to close at $4.50 and Proven Investments closed at 19.5 US cents while trading 29,900 shares.
Honey Bun hits new high – Monday
June 6, 2016 by
Honey Bun traded at a new high of $6.15 in the early Monday morning session on the Jamaica Stock Exchange with 51,129 units changing hands and Radio Jamaica traded 241,870 units to hit a new high of $2.22 and traded after at $2.20.
The overall market started off on a positive note in confirming that the market hit a bottom in May.
Stocks trading over 100,000 units in the main market include Lasco Manufacturing trading 172,769 shares at $4.70 and Pulse Investments that traded 100,000 shares at $3.
Trading resulted in activity in 25 securities, accounting for a volume of 796,058 units as 11 stocks gained and 3 declined. The average number of shares traded amounts to 34,611 units compared to an average of 54,276 units on Friday.
After 75 minutes of trading in the early morning session, on Monday, the all Jamaica Composite Index rose 285.63 points to 178,796.96, the JSE Market Index climbed 255.40 points to 160,918.07, the JSE combined index gained 441.84 points, to 171,689.97 and the junior market index jumped 19.93 points to 2,185.76.
5% jump in 8 days for JSE
June 4, 2016 by
RJR traded at a new high on Friday.
A total of 33 securities changed hands on Friday, accounting for 5,276,551 units valued at $50,291,976, in all market segments. The junior market accounted for 2,520,895 shares, valued at $12,191,278 of the overall trades.
The price of 16 stocks in the overall market rose, 5 declined, including 6 stocks rising and 4 declining, from the junior market as 4 stocks in all markets hit new highs, three of which ended at new 52 weeks’ high.
The JSE Market Index surged 1,069.13 points to end at 160,662.67. The all Jamaica Composite Index jumped 1,195.68 points to close at 178,511.33 and the JSE combined index climbed 1,153.53 points, to close at 171,248.13.
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 10 with lower offers.At the end of market activities, Cable & Wireless gained 2 cents in closing at $1.47 after trading 450,430 units, Caribbean Cement rose $1.20 in trading 8,800 shares and closed at $24.50, Carreras had 43,851 units trading, to close with a gain of 19 cents at $66. The price of 1834 Investments rose 2 cents, to $1.17 with 103,300 shares changing hands, Grace Kennedy traded 4,215 units, to close at $115, Jamaica Broilers ended with 3,300 units changing hands at $14, Jamaica Producers traded 2,505 shares and gained $1.99 to end at a 52 weeks’ high of $44. JMMB Group traded 3,413 units as the price gained 30 cents to $10,
National Commercial Bank traded 15,130 shares, to close with a gain of 90 cents at $42. Pan Jamaican Investment Trust traded 24,973 shares and ended at $26.50, Radio Jamaica closed trading with 328,001 shares with the price rising 18 cents to a 52 weeks’ high of $2.10. Sagicor Group ended with 290,437 shares changing hands with a rise of 20 cents at $22.99, Sagicor Real Estate Fund traded 294,111 shares at $10, Scotia Group slipped 2 cents to close at $32.97 as 590,571 units changed hands, Seprod traded 33,377 units to end at $16.88. Supreme Ventures traded 419,994 units to close at $4.50 and JMMB Group 7.5% preference share, traded 136,380 units at $1.04.
Juniors trade higher on Friday
June 3, 2016 by
Consolidated Bakeries (Purity) trade at a new intraday high on Friday
A total of 13 securities traded with 6 advancing and 4 declining. The market ended with bids for 7 stocks closing higher than their last selling prices and 3 ending with lower offers.
At the end of trading, AMG Packaging traded 4,500 shares to close at $12.45, CAC 2000 close with 750 units trading at $6.50, Caribbean Cream closed with a loss of 15 cents at $4.51, after trading 36,570 shares, Carib Flavours did not trade but closed with the offer at $7.75 compared to the last traded price of $7.99. Caribbean Producers traded 14,050 shares and gained 55 cents, to close at $4.50, Consolidated Bakeries traded 294,747 units with a loss of 12 cents and ended at $2, after it traded at an intraday 52 weeks’ high of $2.15,
C2W Music closed with 29,000 shares trading with a gain of 2 cents at 36 cents. Dolphin Cove traded 38,920 units and gained 20 cents to end at $11.20, Honey Bun ended at a closing 52 weeks’ high of $5.05 with a gain of 5 cents with 25,850 units changing hands. The price hit a high of $5.50 in the morning session. Jamaican Teas traded 108,490 units to close with a rise of 10 cents at $3.90, Lasco Distributors fell 30 cents with 514,000 units trading at $7.60. Lasco Financial closed with a fall of 20 cents at $3.14 with 167,400 shares changing hands while Lasco Manufacturing traded 1,280,146 shares and gained 10 cents to close at $4.60 and tTech traded 6,472 units at $4.30.
Market index chopped – Friday
June 3, 2016 by
Trading in the early morning session of the Jamaica Stock Exchange saw the main market indices being chopped sharply from Thursday close by nearly 1 percent but the junior market index climbed by almost 2.5 percent in contrast.
Honey Bun fresh from a 5 to 1 stock split, trading at a new high $5.01 and pulled back to $5, but the bid is now at $5.05. Radio Jamaica also traded at a new high of $2 and Consolidated Bakeries traded 46,296 units at a new one year high of $2.13
Stocks trading over 100,000 units in the main market include Cable & Wireless with 364,430 units at $1.48, Radio Jamaica 103,710 at a new high of $2, Supreme Ventures 348,904 shares at $4.50. In the junior market and Lasco Financial traded 164,400 shares at $3.30.
Trading resulted in activity in 25 securities, accounting for a volume of 1,356,891 units as 10 stocks gained and 4 declined. The average number of shares traded amounts to 54,276 units compared to an average of 135,568 units on Thursday.
After 75 minutes of trading in the early morning session, on Friday, the all Jamaica Composite Index was chopped by 1,080.88 points to 176,234.77, the JSE Market Index fell 966.48 points to 158,627.06, the JSE combined index fell 356.36 points, to 169,738.24 and the junior market index jumped 52.67 points to 2,202.72.
JSE makes big jump on Thursday
June 2, 2016 by
Palace closed at a new high of $165 on Thursday.
The price of 17 stocks in the overall market rose, 18 declined, including 7 stocks rising and 8 declining, from the junior market as 5 stocks in all markets hit new highs.
The JSE Market Index gained 2,178.07 points to end at 159,593.54. The all Jamaica Composite Index jumped 2,435.88 points to close at 177,315.65 and the JSE combined index climbed 2,015.84 points, to close at 170,094.60.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 12 stocks with bids higher than their last selling prices and 6 with lower offers.
At the end of market activities, Cable & Wireless closed with a loss of 3 cents at $1.45 after trading 227,677 units, Caribbean Cement traded 22,120 shares and declined by 70 cents closed at $23.30. Carreras had just 1,000 units trading, to close with a gain of 1 cent at $65.81, Grace Kennedy added 1 cent in trading 11,617 units, to close at $115. Jamaica Broilers lost 5 cents in trading 8,500 units to end at $14, Jamaica Producers traded 37,951 shares and gained 51 cents to end at a 52 weeks’ high of $41.50, JMMB Group traded 101,774 units as the price fell 29 cents to $9.70. Mayberry Investments had 52,040 shares changing hands and fell 50 cents to $3.50,
National Commercial Bank traded 83,072 shares, to close with a gain of 11 cents at $41.10. Palace Amusement added $15 to close at 52 weeks’ high of $165 after trading 7,058 shares, Pan Jamaican Investment Trust traded 41,571 shares and fell 49 cents to $26.50 at the close, Radio Jamaica closed trading with 55,747 shares as the price rose 17 cents to a 52 weeks’ high of $1.92. Sagicor Group ended with 24,182 shares changing hands with a rise of 29 cents at $22.79, Sagicor Real Estate Fund lost 12 cents and traded 708,499 shares at $10, Scotia Group climbed $2.49 cents to close at $32.99, as 212,260 units changed hands, Seprod traded 69,500 units to end at $16.88. Proven Investments had 15,993 shares trading at 19.49 US cents, down from 19.99 US cents and Supreme Ventures lost 50 cents in trading 869,991 units to close at $4.50.
Juniors trade over 2.6m shares – Thursday
June 2, 2016 by
Spurred by good volumes in a number of junior market stocks, the junior market has so far traded over 2.6 million units while the main market had 3 securities trading in volumes over 100,000 units. Honey Bun fresh from a 5 to 1 stock split traded for the first time at $4.30.
Volumes increased for a number of stocks as Honey Bun traded 155,000 units at $4.30, Iron Rock Insurance exchanged 600,000 shares at $3.20, Lasco Distributors lost ground, in trading 762,546 units at $7.90 down from $8 on 
Wednesday and Lasco Manufacturing had with 1,048,000 shares trading at $4.60. JMMB Group traded 100,000 units at $10, Sagicor Real Estate X Fund had 500,400 shares changing hands at $10 while Supreme Ventures accounted for 219,900 shares at $4.30.
Trading resulted in activity in 27 securities, accounting for a volume of 3,660,342 units as 11 stocks gained and 11 declined. The average number of shares traded amounts to 135,568 units compared to an average of 233,476 units on Wednesday.
After 75 minutes of trading in the early morning session, on Thursday, the all Jamaica Composite Index gained 696.08 points to 175,575.85, the JSE Market Index rose 622.41 points to 158,037.88, the JSE combined index rose by 696.08 points, to 168,568.02 and the junior market index fell 8.59 points to 2,141.91.
JSE stocks hit new highs again – Wednesday
June 1, 2016 by
Pan Jam rose to new high after stock split.
The price of 19 stocks in the overall market rose, 9 declined, including 7 stocks rising and only 3 declining, from the junior market as 2 stocks in the main market hit new highs.
The JSE Market Index gained 853.70 points to end at 157,415.47. The all Jamaica Composite Index rose 954.75 points to close at 174,879.77 and the JSE combined index climbed 943.05 points, to close at 168,078.76.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 10 stocks with bids higher than their last selling prices and 4 with lower offers.At the end of market activities, Berger Paints rose 4 cents in trading 20,300 shares at $4.49, Cable & Wireless closed at $1.48 after trading 77,437 units, Caribbean Cement traded 22,000 shares, gained $1 and closed at $24. Carreras had just 265 units trading, to close with a gain of $1.79 at $65.80, the price of 1834 Investments rose 1 cent to end at $1.15, as 213,749 units changed hands. Grace Kennedy slipped 1 cent in trading 1,933 units, to close at $114.99. Jamaica Broilers lost 15 cents in trading 19,428 units to end at $13.95, Jamaica Producers traded 1,074 shares and gained $1.40 to end at $41.50, JMMB Group traded 65,023 units as the price rose by 39 cents to $9.99. Mayberry Investments had 35,650 shares changing hands at $4, National Commercial Bank traded 13,492 shares, to close with a gain of 74 cents at $40.99.
Pan Jamaican Investment Trust traded ex-split for the first time and jumped $2.75 to $26.99 at the close, with 3,787,537 units, the bulk of which were crosses, Radio Jamaica closed trading with 393,668 shares as the price rose 30 cents to $1.75, Sagicor Group ended with 48,484 shares changing hands with a loss of 30 cents at $22.50. Sagicor Real Estate Fund traded 175,863 shares at $10.12, Scotia Group fell 50 cents to close at $30.50, as 245,997 units changed hands. Scotia Investments rose 40 cents to close at $25.50, as 30,478 units changed hands, Seprod traded 235,333 units but fell 7 cents to end at $16.88, Sterling Investments had 173,979 shares trading at $11.50 and Supreme Ventures rose 30 cents in trading 3,900 units to close at $5.