JSE majors retreat on Tuesday

Scotia Group dropped by $1 on the JSE on Tuesday.

Scotia Group dropped by $1 on the JSE on Tuesday.

Stocks on the main market of the Jamaica Stock Exchange mostly declined at the close of trading on Tuesday with four digit losses in the main indices as declining stocks inched over advancing stocks.
At the close of the market, prices of 12 securities gained out of a total of 38 trading, while 15 declined in the overall market, including 7 stocks rising and 4 falling, in the junior market.
Caribbean Cement was the star performer with a dive of $4.40 to close at $29.50 during the day and closed with 67,176 shares changing hands while Carreras exchanged 1,349,963 shares at $65 with a loss of 25 cents.
At the close 3,375,381 units valued at $114,125,679, changed hands, compared to the 3,502,355 units valued at $25,804,167 changing hands on Monday. The junior market accounted for 494,666 units valued at $2,264,166 of the stocks traded.
ICI JSE sum 27-09-16The market index ended with sizable losses, with the JSE Market Index all Jamaica Composite Index dropping 1,595.99 points to close at 179,931.64 and the JSE combined index falling 1,108.42 points, to end at 174,438.21.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 14 stocks with bids higher than their last selling prices and 2 with lower offers.
In market activity, Cable & Wireless fell 5 cents and closed at 90 with 42,413 units changing hands. Grace Kennedy fell 50 cents and closed with 16,908 shares changing hands at $42, Jamaica Broilers had just 2,130 shares changing hands and dropped 95 cents to end at $14.55. Jamaica Stock Exchange ended at $28 with 14,727 units trading, JMMB Group traded 4,808 units and rose 60 cents to close at $10.90, ICI JSE fn qt 27-09-16Margaritaville Turks traded 48,100 shares to close at 23 US cents after easing by 1 cent, National Commercial Bank fell 5 cents to $40.20 with 19,860 shares changing hands. Pan Jamaican Investment traded 19,860 shares to close $23.31 after falling 68 cents, 138 Student Living ordinary share traded at $4.80 while with 512,500 shares changing hands, Portland JSX closed at $11 after trading 24,700 shares, Radio Jamaica traded 95,519 shares and lost 9 cents to land at $1.31. Sagicor Group rose 19 cents in trading 602,900 shares to close at $23.51, Sagicor Real Estate Fund traded 49,223 shares to close with at $10.20, Scotia Group lost $1 and closed at $29 with 40,289 shares changing hands and Supreme Ventures lost 5 cents to close at $4.80 with 14,000 shares

JSE resumes rally – Monday

Carib Cement jumped $3.90 to end at $33.90 on Monday.

Carib Cement jumped $3.90 to end at $33.90 on Monday.

Stocks on the main market of the Jamaica Stock Exchange mostly rose at the close of trading on Monday with four digit gains in the main indices as advancing stocks surged well over declining stocks more than 2 to 1.
At the close of the market, prices of 19 securities gained out of a total of 40 trading, while 8 declined in the overall market, including 7 stocks rising and 5 falling, in the junior market.
Caribbean Cement was the star performer with a jump of $3.90 to close at $33.90 during the day, but closed with 19,780 shares traded and JPSCo 7% preference share traded at a new high of 45 cents with a gain of 4 cents with just 1,278 shares changing hands.
At the close 3,502,355 units valued at $25,804,167, changed hands, compared to the 3,969,447 units valued at $48,456,543 changing hands on Tuesday. The junior market accounted for 1,873,272 units valued at $10,709,100 of the stocks traded.
ICI JSE sum 26-09-16The market index ended with moderate losses, the JSE Market Index rose 1,135.08 points to end at 163,359.75. The all Jamaica Composite Index climbed 1,269.42 points to close at 181,527.63 and the JSE combined index gained 1,119.65 points, to end at 175,546.63.
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 1 with a lower offer.
In market activity, Barita Investments traded 17,844 shares and rose 40 cents to close at $4.05, Berger Paints gained 1 cent to close at $5.11 with 13,263 units changing hands, Cable & Wireless closed at 95 with 14,700 units changing hands. Carreras exchanged 11,114 shares at $65.25 with a loss of 25 cents, Grace Kennedy closed with 6,564 shares changing hands at $42.50, Jamaica Broilers had 38,501 shares changing hands and gained 50 cents to end at $15.50. Jamaica Producers ended at $8.40 with 1,600 units trading,ICI JSE fn qt 26-09-16 JMMB Group traded 9,754 units and rose 30 cents to close at $10.30, Margaritaville Turks traded 31,000 shares to close at a 52 weeks’ high of 24 US cents after rising by 2 cents, National Commercial Bank rose 14 cents to $40.25 with just 800 shares changing hands. Portland JSX closed at $11 after trading 8,400 shares. Radio Jamaica traded 13,572 shares and lost 3 cents to land at $1.40, Sagicor Group rose 1 cent in trading 90,934 shares to close at $23.51, Sagicor Real Estate Fund traded 49,223 shares to close with at $10.20, Scotia Group closed at $30 with 7,620 shares changing hands. Proven Investments traded 238,280 shares to close at 19.99 US cent and JMMB Group 7.50% preference share traded 500,000 units at $1.10.

Junior record 17 points away – Monday

tTech closed at a new all-time high of $6.50 on Monday.

tTech closed at a new all-time high of $6.50 on Monday.

The Junior market moved one step closer at the close on Monday, to take out the old record high reached in February this year. The market is only 16.25 points adrift and came within 6 points of it during trading in the morning, today.
The market closed with 7 stocks rising, while 5 declined out of 14 securities that traded. The junior index gained 6.52 points, to close at 2,340.95 and is up 30.7 percent ahead of the close of 2015.
Trading volume and value rose 37 percent or more, from Friday’s levels, ending with 1,873,272 units valued at units changing hands, 37 percent more than on Friday, while the value traded climbed by 65 percent to $10,709,100, from $6,508,601 on Friday.ICI Jm sum 26-09-16 Market activities ended with 7 securities closing with bids higher than their last selling prices and 1 ending with a lower offer.
Cargo Handlers stock has not traded since it closed at $86.10 on September 12, the market closed with the bid at $90.05 to buy 3,000 units, with no units offered for sale, next in line to buy is 5,765 shares at $90.01, there were stocks offered for sale at the close. Key Insurance that reported poor second quarter results continued with the offer at $2.30 to sell 30,000 units and at $2.35, there is 18,566 shares for sale and immediately below, is an offer of 152,290 units at $2.37, compared with the last sale of $2.49. There were no bids to buy the stock at the close.
AMG Packaging jumped 16 cents and ended trading at $17.50 with 31,715 units changing hands, Caribbean Cream fell 10 cents with 568,043 shares changing hands to close at $9.10, after trading 457,275 shares as low as $8. Caribbean Flavours traded 5,500 units to end at $8 with the loss of 1 cent, General Accident closed trading with 541,570 units at $2.20 after rising 10 cents but traded as high as $2.80 in the morning session, Honey Bun fell 25 cents in trading just 22,800 units to end at $6.ICI jm trade 26-09-16 Iron Rock Insurance traded 10,750 shares and gained 2 cents to end at $3.30, Jamaican Teas traded 122,341 units to end at $4, Jetcon Corporation had 15,745 units changing hands, to end at $4.70, KLE group traded 1,100 shares with the price rising 1 cent to $1.85. Knutsford Express closed with a loss of 2 cents, at $24.48 with just 190 units changing hands, Lasco Distributors closed with 386,432 units trading and ended at $7.05. Lasco Financial ended with 15,850 shares changing hands at $3.25, after declining by 3 cents, Lasco Manufacturing rose 25 cents and closed at $5 with 138,708 shares trading and tTech traded 12,528 shares to end at a new record high of $6.50 after gaining 70 cents.

JSE jumps early Monday

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Trading on the Jamaica Stock Exchange, has been light, resulting in gains of more than 1,000 points in the main indices and a small junior market loss. The main market jumped by 1,293.78 points as measured by the all Jamaican Composite index and the junior market slipped by just 5 points on relatively low volume.
ici Int -26-9-16Up to 10:45 am, the main trades are Caribbean Cream traded 568,043 units between $8 and $9.10, the last traded price, while General Accident Insurance jumped 70 cents with 59,000 units changing hands at $2.80, from the junior market. Caribbean Cement traded just 4,000 shares at $3 for a $4 rise. Proven Investments traded 236,500 shares at 19.99 US cents, Sagicor Group has 86,574 units trading at $23.50 and JMMB Group 7.50% preference share trades 500,000 units at $1.10.
At 10:45 am 24 securities traded, resulting in a volume of 1,689,614 shares changing hands carrying a value of $9.3 million, compared to 1,002,702 shares with a value of $5,828,970 on Friday at 10.45 am. The average number of shares traded amounts to 70,401 units compared to 41,779 units on Friday. Market activity resulted in 4 stocks falling while the prices of 11 securities rose.
The all Jamaica Composite Index 1,303.22 points to 181,561.43 the Jamaica Stock Exchange Market Index 1,165.31 points to 163,389.98, the Jamaica Stock Exchange combined index climbed 1,019.30 points to close at 175,446.28 and the junior market index fell 5.98 points to 2,328.45.

JSE majors retreat again – Friday

Investors traded Carib Cement at $34 but the trade was cancelled and the stock closed at $30 after officially going as high s $32.

Investors traded Carib Cement at $34 but the trade was cancelled and the stock closed at $30 after officially going as high s $32.

Stocks on the main market of the Jamaica Stock Exchange the gave up more ground by the close on Friday even as advancing stocks edged out declining stocks, once more.
At the close of the market, prices of 15 securities gained out of a total of 38 trading, while 14 declined in the overall market, including 5 stocks rising and 5 falling, in the junior market.
Caribbean Cement was the star performer with a jump to $32 during the day, but it closed with an overall gain for the day of $2 to $30 with 396,000 shares traded. Three trades totaling 3,000 shares at $34 were actually put through but were cancelled as they were effected after mid-day with less than an hour of trading left. Under the stock exchange rules, if the price exceeds 15 percent for the day the circuit breaker comes into effect and the stock is frozen from trading for an hour. Where it would be frozen for the rest of trading session the trades that trigger the freeze are cancelled.
ICI JSE sum 23-09-16At the close 3,969,447 units valued at $48,456,543, changed hands, compared to the 3,134,827 units valued at $54,491,555 changing hands on Tuesday. The junior market accounted for 1,372,103 units valued at $6,508,601 of the total traded on Thursday.
The market index ended with moderate losses, the JSE Market Index declined 521.12 points to end at 162,224.67. The all Jamaica Composite Index fell 582.79 points to close at 180,258.21 and the JSE combined index slipped 359.99 points, to end at 174,426.98.
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 3 with lower offers.
In market activity, Barita Investments traded 204,156 shares and fell 35 cents to close at $3.65, Berger Paints gained 5 cents to close at $5.10 with 37,462 units changing hands, Cable & Wireless lost 3 cents to close at 95 cents, with 84,754 units changing hands. Carreras exchanged 10,982 shares at $65.50 to gain 50 cents, Ciboney closed at 17 cents with 116,600 units trading after losing 2 cents, Grace Kennedy closed with 8,698 shares changing hands at $42.50, Jamaica Broilers had 112,000 shares changing hands to end at $15. Jamaica Producers ended with a rise of 4 cents to $8.40 with 90,434 units trading, Jamaica Stock Exchange gained 50 cents to end at $28 while trading 88,183 shares, JMMB Group traded 152,927 units to close at $10. National Commercial Bank rose 5 to $40.11 with 9,214 shares changing hands, ICI JSE fn qt 23-09-16 Pan Jamaican Investments closed at $23.99 after trading 5,000 shares, Radio Jamaica traded 19,066 shares and gained 1 cent to land at $1.43. Sagicor Group lost 15 cents in trading 18,124 shares to close at $23.50, Sagicor Real Estate Fund traded 12,000 shares to close with at $10.20 with a loss of 15 cents, Salada Foods had 1,565 units changing hands at $7.90, Scotia Group fell 11 cents to close at $30 with 579,383 shares changing hands. Sterling Investments traded 26,600 shares and fell 45 cents to close at $13.80, Supreme Ventures gained 18 cents and ended at $4.98, with 492,100 units changing hands, JMMB Group 7.50% preference share traded 100,000 units at $1.10 and Jamaica Money Market Brokers 7.50% preference share traded 17,151 units and rose 3 cents to end at $2.13.

Juniors just 22 points from record

The junior market is within reach of a new high.

The junior market is within reach of a new high.

The Junior market moved one step closer at the close on Friday to take out the old record high and is now only 22.31 points adrift.
The market closed 5 stocks rising, while 5 declined out of 13 securities that traded. The market index gained 12.01 points, to close at 2,334.43 and is 30.3 percent ahead of the close of 2015.
Trading volume and value rose 25 percent or more from Thursday’s levels, ending with 1,372,103 units changing hands, 35 percent more than on Thursday, while the value traded climbed by 25 percent to $6,508,601, from $5,213,760 changing hands on Thursday. Market activities ended with 4 securities closing with bids higher than their last selling prices and 3 ending with lower offers.
ICI Jm sum 23-09-16At the close, Cargo Handlers stock price closed with the bid at $90.05 with 3,000 units, nearly $4 ahead of the last sale price with no units offered for sale, next in line to buy is 5865 shares at $90, there were 1,000 units offered at $100. Key Insurance that reported poor second quarter results continued with the offer at $2.35 to sell 18,566 shares, immediately below, is an offer of 152,290 units at $2.38, compared with the last sale of $2.49. There were no bids to buy the stock at the close.
AMG Packaging jumped 16 cents and ended trading with 16,039 units at $17.15, Caribbean Cream rose 10 cents with 122,700 shares changing hands at $9.20, Consolidated Bakeries lost by 5 cents to end at $2.35 with 46,000 units changing hands, ICI jm trade 23-09-16C2W Music ended at 23 cents with 1,200 shares changing hands after rising 3 cents. Derrimon Trading rose 40 cents to end at $3.50 with 2,000 shares trading, General Accident closed trading with 600,171 units at $2.10, Honey Bun gained 10 cents in trading just 86,500 units to end at $6.25. Jetcon Corporation had 17,344 units changing hands to end at with a loss of 25 cents at $4.70. Lasco Distributors closed with 312,271 units trading and ended at $7, Lasco Manufacturing fell 5 cents and closed at $4.75 with 119,872 shares trading, Medical Disposables traded 16,733, shares with the price remaining unchanged at $4 and tTech traded 11,273 shares to end at $6.

JSE stocks falter early Friday

Trading on the Jamaica Stock Exchange, has been light, resulting in losses in the main and junior market indices. The main market lost just under 700 points as measured by the all Jamaican Composite index and the junior ici Int -23-9-16market slipped by just 4 points on relatively low volume.
Up to 10:45 am, the main trades are Lasco Manufacturing with 112,022 units at $4.80 from the junior market. Cable & Wireless had 60,000 units changing hands at 99 cents, Ciboney traded 116,600 units at 17 cents, Jamaica Broilers 107,200 shares at $15 and Supreme Ventures traded 490,100 units at $4.75.
At 10:45 am 24 securities traded, resulting in a volume of 1,002,702 shares changing hands carrying a value of $ 5,828,970, compared to 1,552,704 shares with a value of $9,196,894 on Thursday at 11.45 am. The average number of shares traded amounts to 41,779 units compared to 48,522 units on Thursday. Market activity resulted in 7 stocks falling while the prices of 9 securities rose.
The all Jamaica Composite Index fell 695.81 points to 180,145.19 the Jamaica Stock Exchange Market Index lost 622.19 points to 162,122.60, the Jamaica Stock Exchange combined index declined 615.81 points to close at 174,171.16 and the junior market index fell 3.77 points to 2,318.65.

JSE majors give up 1,200 points – Thursday

Palace jumps $25 to close at $195 on Thursday.

Palace jumps $25 to close at $195 on Thursday.

Stocks on the main market of the Jamaica Stock Exchange the gave up a near 1,200 points by the close, in the all Jamaica Composite Index to end down 400 points loss at the end after it had gained close to 800 points by midday. At the close advancing stocks still edged out declining stocks.
At the close of the market prices of 14 securities gained out of a total of 38 trading, while 12 declined in the overall market, including 7 stocks rising and 3 falling, in the junior market. Palace Amusement was the star performer with a jump of $25 to a new record high of $195 but with only 500 shares trading. National Commercial Bank dropped $1.94 to close at $40.06 with 595,832 shares changing hands.
At the close, 3,134,827 units valued at $54,491,555 changed hands, compared to the 4,442,113 units valued at $19,544,716 changing hands on Wednesday. The junior market accounted for 1,015,005 units valued at $5,213,760 of the total traded on Thursday.
The market index ended with mild declines, with the JSE Market Index declined 370.31 points to end at 162,745.79. The all Jamaica Composite Index fell 414.14 points to close at 180,841.00 and the ICI JSE sum 22-09-16 JSE combined index slipped 122.56 points, to end at 174,786.97.
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 3 with lower offers.
In market activity, Barita Investments traded 44,500 shares to close at $4, Berger Paints gained 35 cents to close at $5.05 with 69,980 units changing hands, Cable & Wireless rose 3 cents to close at 98 cents, with 234,552 units changing hands. Caribbean Cement jumped 46 cents, to close at $28 with 72,577 units changing hands, Ciboney closed at 19 cents with 35,200 units trading, Grace Kennedy lost 30 cents, with 40,932 shares changing hands at $42.50, Jamaica Broilers had 20,064 shares changing hands and slipped 6 cents to end at $15. Jamaica Producers ended with a loss of 14 cents to close at $8.36 with 46,452 units trading, ICI JSE sum 22-09-16rJamaica Stock Exchange gained 50 cents to end at $27.50 while trading 147,245 shares, JMMB Group traded 12,100 units and fell 25 cents to $10. Mayberry Investments traded 11,000 shares to close at $3.60, after rising 4 cents, Pan Jamaican Investments fell 1 cent and closed at $23.99 after trading 56,728 shares, Sagicor Group rose 63 cents in trading 17,213 shares to close at $23.65, Salada Foods had 10,525 units changing hands at $7.90. Scotia Group closed at $30.11 with 101,400 shares changing hands, for a loss of 40 cents, Proven Investments ordinary share traded 416,425 units at 19.99 US cents, JMMB Group 7.50% preference share traded 130,000 units at $1.10 and Jamaica Money Market Brokers 7.50% preference share traded 51,617 units at $2.10.

Junior just 35 points from record – Thursday

Bulls are lurching around the juniors.

Bulls are lurching around the juniors.

The Junior market headed higher at the close on Thursday, with the market rising with 7 stocks rising, while 3 declined out of 15 securities that traded. The market index gained 21.50 points, to close at 2,322.42 and is up 29.7 percent from the close of 2015. The index is now only 34.78 points adrift of the all-time high reached in January this year. Market activities ended with 4 securities closing with bids higher than their last selling prices and 3 ending with lower offers.
Trading volume and value rose over 60 percent from Wednesday’s levels, ending with 1,015,005 units changing hands, 60 percent more than on Wednesday, while the value traded climbed by 94 percent to $5,213,760, compared to $2,690,732 changing hands on Wednesday.
ICI Jm sum 22-09-16At the close, Cargo Handlers stock price closed with the bid at $90.01 with 5,765 units, nearly $4 ahead of the last sale price with no units offered for sale. Key Insurance that reported poor second quarter results continued with the offer at $2.37 to sell 152,290 units, compared with the last sale of $2.49. There were to be no bids to buy the stock at the close.
AMG Packaging jumped $1.99 and ended trading with 26,361 units to end at $16.99, CAC 2000 traded just 200 shares at $6.40, Caribbean Cream lost 10 cents with 37,106 shares changing hands at $9.10, Caribbean Flavours added just 1 cent in closing at $8.01 with 5,358 shares changing hands, Caribbean Producers traded just 46,370 shares to close at $3.40. Consolidated Bakeries rose by 5 cents to end at $2.40 with 6,017 units changing hands, Dolphin Cove ended at $13.70 with 500 shares trading, ICI jm trade 22-09-16General Accident fell 15 cents and closed trading with 253,080 units at $2.10, Honey Bun lost 9 cents in trading just 200 units to end at $6.15. KLE Group ended at $1.85 with 5,800 shares changing hands after rising 5 cents, Knutsford Express had 334 units changing hands to end at with a rise of 50 cents at $24.50, Lasco Distributors closed with 240,980 units trading and ended with a rise of 20 cents at $7. Lasco Financial rose by 3 cents with 2,850 shares changing hands to close at $3.28, Lasco Manufacturing closed at $4.80 with 388,949 shares trading, Medical Disposables traded 18,400, shares with the price remaining unchanged at $4 and tTech traded 28,870 shares at $6.

More gains for JSE stocks – Thursday

Trading on the Jamaica Stock Exchange, continue to see gains in the market indices. The main market gained over 750 points measured by the all Jamaican Composite index and the junior market rose by nearly 20 points on relatively low volume.
ici Int -22-9-16AMG Packaging traded 26,361 shares and climbed $1.99 to $16.99, General Accident Insurance had 253,080 shares trading at $2.10 and Lasco Distributors traded 185,161 units at $7 from the junior market. Cable & Wireless had 106,261 units changing hands at 99 cents Jamaica Stock Exchange traded 125,285 units at $27.40, Proven Investments traded cents and JMMB Group 7.50% preference share traded 130,000 units at $1.10.
At 11:45 am 32 securities traded, resulting in a volume of 1,552,704 shares changing hands carrying a value of $9,196,894, compared to 697,409 shares with a value of $5,991,867 on Wednesday at 10.45 am. The average number of shares traded amounts to 48,522 units compared to 24,049 units on Wednesday. Market activity resulted in 9 stocks falling while the prices of 11 securities rose.
The all Jamaica Composite Index jumped 786.26 points to 182,041.40 the Jamaica Stock Exchange Market Index climbed 703.06 points to 163,819.16, the Jamaica Stock Exchange combined index jumped 862.33 points to close at 175,771.86 and the junior market index fell 20.47 points to 2,321.39.

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