Tuesday, 28th January 2014 | The Jamaica stock market saw a sharp reversal to Monday’s positive advance decline ratio with 14 stocks falling in price compared to only 5 that went up of the 29 securities that traded. Trading resulted in 5,570,700 shares changing hands valued at $8,124,125.54. Carreras and Caribbean Creams traded at 52 weeks low and Proven Investments traded at an all-time high.

The JSE Market Index dropped 286.54 points to 79,567.50 and the JSE All Jamaican Composite dipped 434.65 points to 81,104.25.

Main market winners | On a day when winners were hard to find, the main market had 3 of the stocks that recorded gains with the US dollar market having one. Berger Paints traded just 2,749 units but gained 5 cents to end at $1.85; Grace Kennedy exchanged only 1,800 units as the price closed at $57 for a $2 gain; Hardware & Lumber with 5,000 gaining 8 cents to close at $8.08; Proven Investments US dollar ordinary shares gained a cent to close at a new all-time high of US$0.16.

Losers | Stocks trading down include Caribbean Cement with 83,478 units closing 24 cents down at $5.01; Carreras with 49,567 shares closing down a cent at $33.99; Jamaica Money Market Brokers 10,000 shares at $7.40, down by 9 cents; Kingston Wharves with 8,600 units to close down 54 cents at $5.56; National Commercial Bank 93,182 units closing down 20 cents at $17.80; Radio Jamaica 11,330 shares to close down by 38 cents at $1.52; Scotia Group lost 10 cents to end at $20.50 as it traded 47,270 units; Supreme Ventures had 3,204,847 units changing hands at $2.20, down by 10 cents.

Firm traders | Stocks trading unchanged include Cable & Wireless 290,000 units closing at 22 cents; Desnoes & Geddes 8,175 units at $5; Sagicor Group 37,200 shares at $8.50; Sagicor Real Estate X Fund 9,265 units at $6.50; Scotia Investments with 60,000 shares at $25.

Trading of preference shares saw Jamaica Money Market Brokers 7.50% exchanging 100,000 units at $2 and the 8.75% traded just 10,000 shares at $3 while Proven Investments 8% swapped 16,204 units at $5.10.

The JSE Junior Market Index declined by 0.89 points to close at 774.45 as the majority of securities that traded declined with only one advancing.

Junior market winners | Medical Disposables, the sole security to close on the junior market with a gain had 227,616 units trading to close at $2.10, up 5 cents.

Losers | Caribbean Cream traded 610,000 to close at 85 cents but lost 8 cents; General Accident Insurance 27,000 shares but closed down 3 cents at $1.85; Lasco Distributors exchanged 171,160 units to close a cent down at $1.42; Lasco Financial Services had 83,750 units changing hands and shed 4 cents to close at $1.35 and Lasco Manufacturing exchanged 363,000 units, down 1 cent at $1.33.

Firm traders | Caribbean Producers Jamaica traded 10,000 to close unchanged at $2.70. Eppley was the other stock to close unchanged but with a miniscule volume.

IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator had only 8 stocks with bids that were higher than the last selling prices and 2 stocks with offers lower.

Monday, 27th January 2014 | The prices of 10 stocks gained and 5 declined as 27 securities traded on the Jamaica stock market resulting in 4,095,869 units changing hands valued at just $8,124,126.

Three stocks closed at 52 weeks high at the end of trading. The improved gain to loss ratio was visible in the main market indices moving up as JSE Market Index gained by 217.41 points to close at 79,854.04 and the JSE All Jamaican Composite advanced by 329.79 points to 81,538.90. The JSE Junior Market Index, however, declined by 4.47 points to close at 775.34.

Main market advancers | Stocks advancing include Cable & Wireless with 1,940,868 units to close up 2 cents at 22 cents, a new 52 weeks high; Caribbean Cement also closed at a new 52 weeks high with 7,583 to end at $5.25 up by 65 cents; Jamaica Broilers 55,518 units, the price gained 3 cents to end at $4.77; Sagicor Investments 4,700 shares at $16.67, up by $1.06; Sagicor Real Estate X Fund 32,735 units at $6.50, up 20 cents; Scotia Group 100,768 units to close at $20.60, for a 10 cents gain; Seprod gained 20 cents to close at $10.80 with 2,000 shares.

Proven Investments US dollar ordinary shares traded 15,500 units at a new 52 weeks high of US$0.15 as it gained 1.7 US cents.

Firm traders | The main stocks with the last traded price remaining unchanged include Carreras with 11,978 units at $34; Kingston Wharves  8,575 units at $6.10; National Commercial Bank 8,930 units at $18; Supreme Ventures 1,008,700 units at $2.30.

In the preference section, Jamaica Money Market Brokers 7.50% had 292,000 units at $2 and 8.75% with 40,000 units at $3 and Proven Investments 8%, 35,200 shares at $5.10.

Decliners | Scotia Investments trading only 3,340 units to close at $25, for a decline of a $1.50.

Junior market advancers | Lasco Financial Services 289,314 shares at 1.39 up 2 cents and Lasco Manufacturing 132,120 shares to close at $1.34 up 8 cents.

Firm traders | Only one stock, Caribbean Flavours was unchanged with 38,243 shares, the price closed at $2.50.

Decliners | Three stocks declined including Medical Disposables with 21,000 shares, closing at $2.05, off by 5 cents; Lasco Distributors 31,790 shares at $1.43, down 2 cents and Paramount Trading 2,000 units with the price slipping 35 cents to $3.20.

IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator had 8 stocks with bids higher than the last selling prices and 4 stocks with offers that were lower.