JSE majors retreat on Tuesday
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.
The 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, Margaritaville 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 jumps early Monday
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.
Up 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 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 market 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.
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.
AMG 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.