More losses for JSE on Tuesday

Exchange place The Jamaica Stock Exchange suffered more losses on Tuesday with declining stocks having the upper hand on advancing stocks as 42 securities changed hands, in all market segments. The market ended with 8 stocks rising and 20 declining. One of the stock rising closed at 52 week’s high.
The market closed with 4,118,840 units valued at $45,574,795 changing hands in all markets. The junior market accounted for 1,469,331 units, valued at $8,265,286 units changing hands.
The JSE Market Index fell 385.51 points to end at 152,203.76, the all Jamaica Composite Index dropped 431.14 points to end at 169,051.16 and the JSE combined index lost 1,317.86 points, to close at 159,763.33.
JSE Sum 05-04-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 7 stocks with bids higher than their last selling prices and 9 with lower offers.
At the end of the market activities, Cable & Wireless traded 426,546 units, to close with a 13 cents loss at $1.07, Caribbean Cement dropped $2 with 11,217 shares changing hands to end at $25, Carreras lost $1.08 in trading 10,055 shares to end at $65.02. Ciboney traded 312,673 shares but lost 2 cents to end at 16 cents, 1834 Investments, formerly Gleaner Company, traded 6,188 units to close with a loss of 23 cents at $1.77. Grace Kennedy closed with 18,330 shares changing hands at $81.90 after losing 10 cents, Jamaica Broilers traded 405,577 units to close at $14.60, after rising 10 cents, JMMB Group dropped $1.20 as 11,401 shares changed hands at $9.70, Kingston Wharves traded 50,500 shares to close at $11.30. Mayberry Investments ended trading 46,068 shares to end at $4. JSE fn qts 05-04-16National Commercial Bank lost 74 cents with 21,967 shares changing hands to close at $40.50, Pan Jamaican Investments traded 34,232 shares to close at $93, Radio Jamaica traded 87,952 shares but lost 3 cents to close at $1.43. Sagicor Group gained 50 cents and ended with 668,797 shares changing hands at $24, Sagicor Real Estate Fund traded 6,093 shares to close at $10. Scotia Group traded 15,505 shares to close at $30, Scotia Investments fell $2.85 with only 916 shares changing hands to end at $25.10. Supreme Ventures closed at $4.95 with just 4,867 units changing hands, Proven Investments ordinary shares traded 295,325 units to end at 17.5 US cents up from 17 cents previously and JMMB Group 5.75% preference share traded 180,000 units but gained 14 cents to close at $1.20.

Junior market drops sharply – Tuesday

Eppley added $59 to reach a new high on Tuesda

Eppley added $59 to reach a new high on Tuesday

At the close, the junior market index dropped sharply by 93.63 points or 4.9 percent to close at 1,811.08. The market ended with 18 active securities, 3 of which advanced and 8 declined as 1,469,331 units changed hands, valued at $8,265,286. Eppley ordinary share trading for only the 8th time since listing in late 2013 to hit a 52 weeks’ high by rising $58.99.
There were 2 stocks closing with bids that were higher than their last selling prices and 4 ended with lower offers.
At the end of trading, Access Financial Services lost 40 cents with 1,500 shares traded to close at $16.60, Caribbean Producers traded 500 shares to end with a loss of 10 cents at $4, Consolidated Bakeries had 7,085 units trading, to end at $1.24, C2W Music 5,000 units changing hands to close at of 33 cents. Eppley gained 14.75 percent in ending at a 52 weeks’ high of $459 with 5,300 shares trading with an increase of $58.99, on the same day the company had an extraordinary meeting to vote on an increase in the share capital by 500,000 ordinary shares. General Accident fell by 8 cents in trading just 100 units at $2.90. Honey Bun had 1,889 units trading to end at $11.50, Iron Rock had 125,840 shares trading but eased 15 cents to end at $3.85, Jamaican Teas closed at $4 after trading 9,242 units. JM Trdng Sht 5-4-16Jetcon Corporation closed at $2.90 after 395,110 shares changed hands, Key Insurance lost 10 cents to close at $2.75 with 79,823 units changing hands. KLE Group closed at $1.70 after rising by 5 cents with 6,795 shares changing hands, Knutsford Express closed with 57,252 units changing hands at $17.50 with a loss of $4.50, Lasco Distributors lost 70 cents and ended with 362,475 units trading to close at $4.90. Lasco Financial ended at $2.75 with 16,900 shares changing hands, Lasco Manufacturing ended with 125,020 shares changing hands and loss of 59 cents to close at $3.06, tTech traded 2,500 shares to end at $4.30 and Derrimon Trading preference share ended with a gain of 1 cent as 267,000 un inits traded to close at $2.17.

JSE’s in modest trading early Tuesday

Trading the Jamaican Stock Exchange is off to another slow start in the JSE intra 05-04-16Tuesday morning session with only moderate volumes being exchanged. An average of 27,804 units traded per active stock with Jamaica Broilers accounting for 236,339 units and Proven ordinary share accounting for 176,325 units.
A total of 30 securities, accounting for only 834,118 shares changed hands at 10.45 am as 9 stocks gained and 8 declined.
The main market indices and the juniors recorded losses as the markets continue to vacillate with no clear direction yet in sight. The market saw all Jamaica Composite Index falling 75.46 points to 169,406.84, the JSE Market Index fell 67.48 points to 152,521.79 the JSE combined index ending with a loss of 373.17 points to 160,809.64 and the junior market index 20.37 points to 1,884.34.

Junior market slipped slightly – Monday

JM Sign build At the close, the junior market index fell 14.22 points to close at 1,904.71. The market ended with 18 active securities, 8 of which advanced and 5 declined as a mere 693,955 units changed hands, valued at $,269,270. There were 3 stocks closing with bids that were higher than their last selling prices and 2 ended with lower offers.
In trading the market closed with one new high and one new low. At the end, Blue Power closed with a gain of $1.05 at $14.05 with only 190 units changing hands, Caribbean Cream traded a mere 100 shares as the price lost 5 cents to end at $4.70, Caribbean Flavours had 1,000 shares changing hands to end at $7.56 for a 1 cent gain. Caribbean Producers traded 23,418 shares to end with a loss of 60 cents at $4.10, Consolidated Bakeries had 40,482 units trading, with a loss of 1 cent to end at $1.24, C2W Music fell 4 cents with 6,600 units changing hands to close at a 52 weeks’ low of 33 cents. Honey Bun had 3,160 units trading but rose by 49 cents to end at $11.50, Iron Rock had 245 shares trading at $4, Jamaican Teas closed at $4 after trading 650 units to gain 20 cents. Jetcon Corporation closed at $2.90 after 129,320 shares changed hands, JM Trdng Sht-04-4-16Key Insurance traded at a new high of $2.85 after rising 25 cents with 23,159 units changing hands. KLE Group closed at $1.65 with 100,000 shares changing hands, Knutsford Express closed with 350 units changing hands at $22, Lasco Distributors lost 5 cents and ended with 61,955 units trading at $5.60. Lasco Financial ended at $2.75 with 9,121 shares changing hands, for a loss of 25 cents, Lasco Manufacturing ended with 287,905 shares changing hands and gained 10 cents to close at $3.65, Medical Disposables closed with a gain of 12 cents with 1,000 shares trading at $3.42 and tTech gained 30 cents with 5,300 shares trading to end at $4.30. tTech plans releasing audited accounts for 2015 around the middle of April a source from the company advised IC Insider. the source indicates that the JSE advised that since they listed in January, after the year end the accounts to the end of December last year was not a requirement, the company decided to release the report when completed nevertheless.

JSE’s modest trading early Friday

Trading the Jamaican Stock Exchange for the first day of April is off to a slow start in the morning session with only moderate volumes and with a number of the last JSE intra 01-04-16traded prices on Thursdays either falling back or showing signs of doing so. A total of 19 securities, accounting for only 234,798 shares have changed hands at 10.45 am as 5 stocks gained and 8 declined
After 75 minutes of the market’s opening, Caribbean Cement that last traded at $28.49 was offered at $27, while Jetcon Corporation traded at a new high of $2.99 while National Commercial Bank lost 65 cents to trade at $40.60 with a small volume.
The main market indices suffered moderate gains but the juniors fell by a greater degree with the all Jamaica Composite Index falling 45.81 points to 170,915.04, the JSE Market Index fell 40.96 points to 153,870.37 the JSE combined index ending with a loss of 254.34 points to 162,263.58 and the junior market index dropped 21.09 points to 1,904.13.

Sharp rise for JSE on Tuesday

JSE sign & Bld The main market of the Jamaica Stock Exchange rose sharply on Tuesday when advancing stocks turned the tables on declining stocks by a wide margin as 40 securities changed hands, in all market segments. There were 20 rising stocks and 11 declining with 2 closing at a 52 week’s high and one at a 52 weeks’ low.
The market closed with 3,198,699 units valued at $63,673,032 changing hands in all markets. The junior market accounting for 832,933 units changing hands, valued at $4,034,146.
The JSE Market Index climbed 1,458.73 points to end at 153,541.38, the all Jamaica Composite Index jumped 1,630.19 points to end at 170,547.42 and the JSE combined index had 1,848.35 points added, to close at 162,242.45.
JSE sum 29-03-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 9 stocks with bids higher than their last selling prices and 6 with lower offers.
At the end of the market activities, Berger Paints traded 9,000 shares and gained 1 cent to end at $3.76, Cable & Wireless traded only 14,659 units, to close with a gain of 10 cents at $1.30, Caribbean Cement traded with a gain of 95 cents with 28,374 shares to end at $23.95, Carreras traded 131,575 shares to end at $66.50. Grace Kennedy lost 50 cents in closing with 1,551 shares changing hands at $82, Jamaica Broilers traded 45,199 units to close with a gain of 1 cent at $14.01,JSE fn Qts  29-03-16 JMMB Group traded 5,850 shares to close at $10.18 after gaining 18 cents. Mayberry Investments traded 10,090 shares to end at $4.50 with a gain of 30 cents, National Commercial Bank rose by 22 cents with 9,978 shares changing hands to close at $41.25, Sagicor Group rose 45 cents while 1,406,202 shares changed hands to end at $23.50, Sagicor X Fund traded 4,221 shares to gain 50 cents and end at $11.50. Scotia Group rose 41 cents while trading 4,568 shares to close at $30.80, Seprod gained 15 cents with 4,000 shares changing hands, to end at $16, Supreme Ventures lost 34 cents to close at $4.66 with 6,000 units changing hands, Proven Investments ordinary share traded 616,313 units at 20.99 US cents, up from 20.95 US cents at Friday’s close and 73,667 Proven Investments 8% preference share traded 42,000 units to end at $5.

Junior stocks soften – Wednesday

JM SignAt the end of trading on Wednesday, the junior market index ended with a loss of 24.89 points to close at 1,905.84. The market ended with 14 active securities, 5 of which declined and 3 advanced as mere 157,151 units changed hands, valued at only $774,391.
At the close, 1 security ended with no bid and 6 securities had no stocks being offered for sale. There were only 2 stocks closing with bids that were higher than their last selling prices and 5 ended with lower offers.
In trading, AMG Packaging ended with 4,548 units changing hands to close with a loss of 43 cents at $10.57, Blue Power had 8,000 shares trading but rose 32 cents to end at $11.50. CAC 2000 traded 1,000 shares with a loss of 10 cents to end at $7.40, Caribbean Cream rose 30 cents with 5,000 shares changing hands to end at $4.Producers lost 17 cents in trading 32,327 shares at $4, Caribbean Consolidated Bakeries had 13,019 units trading firm at $1.30, JM sum 23-03-16 Iron Rock Insurance traded 13,000 shares and closed unchanged at $4, Honey Bun traded 2,151 units at $13, Jamaican Teas closed at $4.49 after trading 500 units for the loss of 50 cents. Knutsford Express closed with 312 units changing hands at $22, Lasco Distributors lost 38 cents with 43,440 units trading to end at $5.51, Lasco Financial ended at $3.03 with 8,254 shares changing hands, Lasco Manufacturing ended with 24,600 shares changing hands to close at $3.56 with a rise of 6 cents and Paramount Trading closed with 1,000 shares trading at $11.31.
The junior market will have one more listing when trading starts on Thursday when Jetcon Corporation is listed.

Falling stocks climb on JSE – Wednesday

Trading on the Jamaican Stock Exchange made small gains in the early morning session on Wednesday was slow with just a limited number of securities changing JSE intra 23-03-16 hands and resulted in a low volume overall.
After 75 minutes of the market’s opening, 27 securities traded, accounting for a mere 798,315 shares changing hands as only 3 stocks gained and 15 declined.
The indices enjoyed moderate gains in the main market after suffering modest declines earlier in the session with the all Jamaica Composite Index rising 158.18 points to 170,269.19, the JSE Market Index gaining 141.54 points to 153,292.39, the JSE combined index ending with a 114.52 points rise to 161,963.29 but the junior market index lost only 2.06 points to 1,928.67.
In Trading, Grace Kennedy lost $1.90 to with 36,282 shares trading down to $80.10, Sagicor Group had 300,000 shares changing hands at $23.80 to gain 20 cents in the process and Scotia Group traded 231,710 units but lost 51 cents to trade at $30.39.

Gains for JSE on Monday

Sagicor Group closed at a 52 weeks' high on Monday

Sagicor Group closed at a 52 weeks’ high on Monday

The main market of the Jamaica Stock Exchange made further recovery on Monday, even as advancing stocks just edged out by declining stocks. Indications are that there is weakness in the overall market. The number of stocks participating is down to relatively low levels and with the IC Indicator reflecting a weak signal.
For the overall market, 32 securities changed hands, in all market segments with 11 rising and 10 declining while 1 closed at a 52 weeks’ closing high and one at an intraday record high. The market closed with 4,459,879 units valued at $105,773,180 changing hands in all markets. The junior market accounted for 935,672 units changing hands, valued at $3,901,047.
The JSE Market Index garnered 498.31 points to end at 153,581.38, the all Jamaica Composite Index added 556.89 points to end at 170,592.15 and the JSE combined index gained 199.09 points to close at 162,360.97.
JSE sum 21-03-16
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 8 stocks with bids higher than their last selling prices and 9 with lower offers. At the end of the market activities, Cable & Wireless traded 239,100 units to close with a gain of 2 cents at $1.39, Caribbean Cement ended at $22.65 with just 2,246 shares trading, after declining by 65 cents, Carreras traded 4,806 shares to end at $65, Gleaner closed at $2.09 with 105,736 shares changing hands. Grace Kennedy closed with 176,230 shares trading with a loss of 99 cents at $82, still well below the $97 equivalent, it last traded at in Trinidad. Jamaica Broilers declined by 9 cents in trading 5,375 units to close at $14, Jamaica Producers closed with a gain of $2 at $33 while trading 1,264,675 shares, down from 2,261,978 units traded on Friday. Jamaica Stock Exchange rose by 90 cents in trading 25,254 units to close at $22.90, JMMB Group had 7,596 units changing hands but rose 30 cents in closing at $10.30, Kingston Wharves traded 1,000 shares to close at $11.45, Mayberry Investments traded 20,680 shares to end at $4.45. JSE fn Qts  21-03-16 National Commercial Bank gained $1.03 with 330,105 shares changing hands to close at $41.03, Pan Jamaican investment fell 2 cents to close at $93 with 48,996 shares, Proven Investments ordinary share traded 138,420 units at 21 US cents. Sagicor Group gained 74 cents with 935,313 shares changing hands to close at a 52 weeks’ closing high of $23.74, Sagicor Real Estate Fund traded 2,000 shares to close at $10.90, Scotia Group gained 39 cents with 69,377 shares changing hands to close at $30.90. Seprod traded 30,000 shares to close at $18.51, Supreme Ventures closed with a loss of 50 cents at $4.50 with 81,308 units changing hands and JMMB Group 7.5% preference share traded 35,990 units but recovered 5 cents to end at $2.15.

General Accident dominates juniors – Friday

General Accident traded 2.8m shares  on Friday

General Accident traded 2.8m shares on Friday

Newly listed Iron Rock Insurance traded 87,516 shares but declined by 40 cents in closing at $4 but General Accident stole the spotlight with 2.8 million shares changing hands. At the close the junior market index ended trading on Friday with a small loss of 7.12 points to close at 1,974.32.
The market ended with 14 securities trading, 5 of which declined and 6 advancing and 3,473,758 units changing hands, valued at $11,095,522. One stock traded at an intraday 52 weeks’ high
At the close, 1 security ended with no bid and 6 securities had no stocks being offered for sale. There were 3 stocks closing with bids that were higher than their last selling prices and 5 ended with lower offers.
In trading, Access Financial traded 24,500 in one block as a cross at $16.50 for a loss of 1 cent, AMG Packaging gained 5 cents with 5,814 units changing hands to close at $11.47, Caribbean Cream traded 120,000 shares and rose 69 cents to $4.75 but closed with the offer at $4.30 to sell 45,000 units. Caribbean Flavours had 3,000 units trading firm at $8, Caribbean Producers traded 16,000 shares but slipped 25 cents to $4.17, Consolidated Bakeries ended with 21,000 shares trading at $1.30 after dropping 18 cents,JM sum 18-03-16 Dolphin Cove closed with 100 shares changing hands at $15.29, General Accident jumped 60 cents to close at a 52 weeks’ high of $3 with 2,811,669 shares. Honey Bun traded only 1,000 units at $13.08 after falling 41 cents, Jamaican Teas closed at $5 after the split of the issued stock into 2 shares, with 222,773 units traded, the price went as high as $5.05 before closing. Lasco Distributors closed with 32,418 units trading with a rise of 22 cents at $5.98, Lasco Financial ended at $3.02 with 33,785 shares changing hands with a 2 cents gain and Lasco Manufacturing ended with 94,183 shares changing hands to close at $3.90 with a rise of 9 cents.