20 JSE stocks rose – Wednesday

Advancing stocks outnumber declining ones on Wednesday almost 2 to 1.

Advancing stocks outnumber declining ones on Wednesday almost 2 to 1.

Jamaican main market stocks, slipped on a day when the number of securities rose close to record levels, for the overall market on Wednesday. Trading led to the prices of 20 securities gaining out of a total of 46 that traded, with 13 declining in the overall market, including 6 stocks rising and 7 falling, in the junior market.
At the close of the market to 6,452,961 units valued at $39,142,493, changed hands, compared to the 3,862,389 units valued at $14,970,110 changing hands on Tuesday. The junior market accounted for 3,294,451 units valued at $15,960,574 of the total traded on Wednesday.
At the close of trading, the JSE Market Index declined 230.01 points to end at 159,370.56. The all Jamaica Composite Index fell 257.23 points to close at 177,066.34 and the JSE combined index lost 129.39 points, to end at 171,162.18.
ICI JSE sum 14-09-16At the close, 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 4 with lower offers, suggesting continued fluidity in price movements immediately ahead.
In market activity, Berger Paints traded 29,614 units and rose 6 cents to end at $5.05, investors picked up just 255,635 units of Cable & Wireless, the price rose 1 cent in closing at 80 cents, Caribbean Cement traded 19,195 shares to close with a gain of 59 cents at $26.59. Carreras traded 6,001 shares and fell 42 cents to close at $65.60, Investors traded 51,984 shares of 1834 Investments to close with a loss of 1 cent at $1.24, Grace Kennedy ended at $41.45, with 5,982 shares changing hand, Jamaica Broilers lost 20 cents with 91,362 shares changing hands, to end at $14.55. Jamaica Producers ended at $8.50 with 34,510 units trading, Jamaica Stock Exchange ended at $26.50 while trading 5,000 shares, JMMB Group traded 24,877 units and fell 10 cents to $9.90. Kingston Wharves fell $1.20 in trading 1,032 shares to close at $16.20, Mayberry Investments ended with 535,795 shares trading at $3.50, National Commercial Bank had 7,738 units changing hands, to close with a gain of $1.15 at $40.25, trading in shares of 138 Student Living, ended with 641,007 units changing hands, to gain 20 cents at the close at $4.70. Pan Jamaican Investments gained 40 cents and closed at $24.40 after trading 123,656 shares, ICI JSE fn qt 14-09-16Radio Jamaica closed at $1.40 after 5,000 shares changed hands, Sagicor Group traded 44,896 shares while rising 50 cents to close at $23.10, Sagicor Real Estate Fund traded 16,000 shares to close with a gain of 20 cents at $10.35. Scotia Group closed with a gain of 50 cents at $30.50 with 112,598 shares changing hands, Scotia Investments had 196,976 units changing hands at $26, Seprod gained 1 cent to close at $19.51 with 5,000 shares trading, Supreme Ventures dipped 23 cents with 57,000 units changing hands to close at $4.75. JMMB Group 7.50% preference share rose 1 cent in trading 377,528 units to close at $1.09 and Jamaica Money Market Brokers 7.50% preference share closed with 500,000 units changing hands for a 1 cent rise to $2.09.

2 new highs for junior stocks – Wednesday

Caribbean Cream closed at a new high on Wednesday of $8.70 after trading as high as $10.20.

Caribbean Cream closed at a new high on Wednesday of $8.70 after trading as high as $10.20.

The Junior market closed on Wednesday, with much more stocks trading than on Wednesday. Traded volume jumped 520 percent above Tuesday’s low level, as the value climbed sharply as well. At the close 7 stocks gained, while 2 declined out of 18 securities that traded, up from 10 on Tuesday, as two stocks closed at new highs.
The market index gained 8.17 points, to close at 2,274.27. Market activities ended with 5 securities closing with bids higher than their last selling prices and 3 ending with lower offers.
ICI Jm sum 14-09-16Trading ended with 3,294,451 units changing hands, 520 percent more than on Tuesday, while the value traded jumped 597 percent, with $15,960,574, up from $2,288,358 changing hands on Tuesday.
At the close, AMG Packaging traded 25,500, shares with the price dropping $1.95 to close at $15.55, Blue Power rose 98 cents with 615 shares trading and closed at a new high of $21, CAC 2000 closed with 2,000 shares changing hands at $6.40. Caribbean Cream gained 40 cents and closed with 6,823 shares changing hands at a 52 weeks’ high of $8.70, after trading as high as $10.20, Caribbean Flavours lost 50 cents in trading 30,000 units to close at $8, Caribbean Producers traded 19,171 shares and fell 35 cents to close at $3.25. Consolidated Bakeries closed with a loss of 5 cents at $2.35 with 16,121 units changing hands. C2W Music ended with 210,483 shares trading at 20 cents, General Accident closed trading with 86,147 units at $2.30, Honey Bun rose 33 cents in trading 27,760 units to end at $5.85, Jamaican Teas traded only 220 units but declined by 20 cents to end at $3.80. ICI jm trade 14-09-16KLE Group traded 66,000 units and rose by 10 cents to close at $1.50. Knutsford Express Services ended with 740 units trading at $26, but ended trading with the stock on offer at $25 to sell 38,260 units. Lasco Distributors closed with 1,409,630 units trading, ended with a rise of 5 cents at $7, Lasco Financial lost 35 cents with 1,266,578 shares changing hands at $3.10. Lasco Manufacturing fell 9 cents and closed at $4.36 with 1,652 shares trading, Medical Disposables rose by 30 cents in trading 40,933 shares and closed at $3.85 and tTech rose 70 cents in trading 84,078 shares at $6.

2 new highs for junior market

The junior market rose moderately but three stocks traded at ici Int -14-9-16new highs in the morning session as Caribbean Cream hit $10.20 in trading just 4,823 shares and Blue Power traded at $21. tTech traded up to $6 with 48,521 unit. The advance decline ratio was positive at more than 2 to 1.
At 11:45 am 38 securities traded, resulting in a volume of just 3,624,650 shares carrying a value of $18.2 million changing hands compared to 2,159,587 shares carrying a value of approximately $2.16 million on Tuesday. The average number of shares traded amounts to only The 95,386 units compared to 79,985 units on Tuesday. The number of stocks falling are 8 while the prices of 18 securities rose as the market continues to consolidate.
138 Student Living traded 641,007 units and gained 20 cents to $4.70 and Lasco Financial Services trades 1,266,578 shares but fell down to $3.10 from $3.45 at the close on Tuesday.
The all Jamaica Composite Index gained 102.03 points to 177,425.60, the Jamaica Stock Exchange Market Index climbed 91.24 points to 159,691.81, the Jamaica Stock Exchange combined index rose 270.06 points to close at 171,561.63 and the junior market index rose 18.06 points to 2,284.16.

19 JSE stocks rose on Tuesday

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Exchange place Jamaican stocks recovered some of the losses of the past two trading days with all three main market indices rising over 1,270 points when the market closed on Tuesday with the advance declining ratio be positive close two to one. The volume of stocks trading more than doubled, the volume traded on Monday, as the volume in Cable & Wireless climbed 230 percent to 2.1 million.
At the close of the market to 3,862,389 units valued at $14,970,110, compared to the 1,421,290 units valued at $14,318,294 changing hands on Monday. The junior market accounted for 531,125 units valued at $2,288,358 of the total traded on Tuesday.
At the close of trading, the JSE Market Index jumped 1,531.08 points to end at 159,600.57. The all Jamaica Composite Index surged 1,712.27 points to close at 177,323.57 and the JSE combined index climbed 1,272.91 points, to end at 171,291.57.
ICI JSE sum 13-09-16At the close, the prices of 19 securities gained out of a total of 33 that traded, with 11 declining in the overall market, including 7 stocks rising and 2 falling, in the junior market.
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 8 with lower offers, suggesting continued fluidity in price movements ahead.
In market activity, Berger Paints traded 19,410 units and lost 1 cent to end at $4.99, investors picked up 2,134,925 units of Cable & Wireless gained 4 cents in closing at 79 cents as the stock gained some support at these lower levels. Caribbean Cement traded 62,686 shares to close with a gain of 40 cents at $26, Carreras traded 2,955 shares and gained 2 cents to close at $66.02, Investors traded 74,479 shares of 1834 Investments to close 15 cents higher at $1.25, Grace Kennedy rose 15 cents and ended at $41.45, with 37,527 shares changing hands. Jamaica Broilers rose 23 cents with 121,227 shares changing hands, to end at $14.75. Jamaica Producers ended with a loss of 9 cents at $8.50 with 16,259 units trading, JMMB Group traded 15,188 units and rose 15 cents to $10. Kingston Wharves gained 40 cents in trading 44,675 shares to close at $17.40, National Commercial Bank had 22,790 units changing hands to close with a loss of $1 at $39, Pan Jamaican Investments fell 50 cents and closed at $24 after trading 40,560 shares.ICI JSE fn qt 13-09-16 Portland JSX closed at $11 with 15,450 shares changing hands, Radio Jamaica lost 2 cents to close at $1.40 after 84,764 shares changed hands, Sagicor Group traded 24,100 shares while rising 10 cents to close at $22.60, Sagicor Real Estate Fund traded 12,524 shares to close with a loss of 5 at $10.15. Scotia Group closed at $30 with 26,885 shares changing hands, Scotia Investments climbed 50 cents with 4,280 units changing hands at $26, Supreme Ventures gained 22 cents with 2,000 units changing hands to close at $4.98, Proven Investments traded 3,125 units to close at 19 US cents and JMMB Group 7.50% preference share lost 2 cents in trading 563,355 units to close at $1.08.

7 junior stocks rise 2 fall – Tuesday

The Junior market closed on Tuesday, with limited traded that rose 69 percent above Monday’s low level Fewer securities traded than on Monday, but at the close 7 stocks gained, while 2 declined out of 10 securities that traded, down from 12 on Monday as two stocks closed a new highs.
ICI Jm sum 13-09-16rThe market index declined 14.32 points, to close at 2,266.10. Market activities ended with 4 securities closing with bids higher than their last selling prices and 5 ending with lower offers.
Trading ended with 531,125 units changing hands, 63 percent less than on Monday, while the value traded jumped 57 percent, with just $2,288,358 up from $1,453,100 changing hands on Monday.
At the close, Caribbean Cream closed with 18,700 shares changing hands and gained 30 cents to close at $8.30, Caribbean Producers traded 2,316 shares to close at $3.50 after gaining 35 cents, Consolidated Bakeries closed with a 20 cents rise to close at $2.40 with 20,192 units changing hands.ICI jm trade 13-09-16 Honey Bun rose 33 cents in trading 90,458 units to end at $5.85, Lasco Distributors closed with 16,572 units trading, ended with a loss of 5 cents at $6.95, Lasco Financial gained 5 cents with 209,953 shares changing hands at $3.45. Lasco Manufacturing rose 10 cents and closed at $4.45 with 125,661 shares trading, Medical Disposables traded 27,067, shares and closed at $3.55, Paramount Trading climbed $1.05 to end with 2,000 shares changing hands at a 52 weeks’ high of $15.05 and tTech rose 5 cents in trading 18,206 shares at $5.30.

JSE stocks drop again on Monday

NCB gained $1 on Monday.

NCB gained $1 on Monday.

Jamaican stocks continued to record losses in continuation of the fall on Friday with the market closing on Monday with slightly more losses than gains, leading to falls in the market indices. The volume of stocks trading dropped sharply by the close of the market to 1,421,290 units valued at $14,318,294, compared to the 3,924,169 units valued at $39,797,286 changing hands on Friday.
The junior market accounted for 314,520 units valued at $1,453,100 of the total traded on Monday.
At the close of trading, the JSE Market Index sank 603.84 points to end at 158,069.49. The all Jamaica Composite Index dropped 675.29 points to close at 175,611.30 and the JSE combined index dived 516.84 points, to end at 170,018.66.
At the close, the prices of 9 securities gained out of a total of 35 that traded, with 12 declining in the overall market, including 2 stocks rising and 4 falling, in the junior market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the ICI JSE sum 12-09-16Investor’s Choice bid-offer indicator reading showed 14 stocks with bids higher than their last selling prices and 7 with lower offers, suggesting continued fluidity in price movements ahead.
In market activity, Barita Investments traded 8,500 units at $3.11, investors picked up 647,500 units of Cable & Wireless between the closing price of 75 cents and 80 cents during trading but the stock remains weak at the close, with lots of selling and little buying interest. Caribbean Cement traded 1,000 shares to close with a gain of 10 cents at $25.60, Carreras traded 895 shares and gained 30 cents to close at $66, Grace Kennedy dropped 15 cents and ended at $41.30, with 144,333 shares changing hands. Jamaica Broilers had 3,169 shares changing hands, to end at $14.52. Jamaica Producers ended with a loss of 9 cents at $8.41 with 20,124 units trading, JMMB Group traded 17,612 units and lost 3 cents to $9.85. ICI JSE fn qt 12-09-16Kingston Wharves fell 40 cents in trading 16,529 shares to close at $17, National Commercial Bank had 8,540 units changing hands to close with a gain of $1 at $40, Pan Jamaican Investments rose 50 cents and closed at $24.50 after trading 38,157 shares. Radio Jamaica rose 2 cents to close at $1.42 after 5,736 shares that changed hands, Sagicor Group traded 7,000 shares while rising 9 cents to close at $22.50, Sagicor Real Estate Fund traded 30,700 shares to close at $10.20, Scotia Group climbed 95 cents to close at $30 with 66,000 shares changing hands. Scotia Investments dropped 45 cents with 58,572 units changing hands at $25.50, Sterling Investments traded 5,000 units but fell 15 cents to $14, Supreme Ventures had 17,844 units changing hands at $4.76 and Proven Investments traded 5,201 units to close at 19.87 US cents.

2 junior stocks rise 4 fall – Monday

JM Sign The Junior market closed on Monday, with limited trades that fell 63 percent below Friday’s levels, but with a few more securities traded than on Friday. At the close, only 6 stocks had changes in their prices as 2 gained, while 4 declined out of 14 securities that traded, up from 12 on Friday.
The market index rose just 4.21 points, to close at 2,280.42 and is up 27 percent for the year to date.
Market activities ended with 7 securities closing with bids higher than their last selling prices and 4 ending with lower offers.
ICI Jm sum 12-09-16Trading ended with 314,520 units changing hands, 63 percent less than on Friday, while the value traded dropped a whopping 73 percent, with just $1,453,100 down from $5,439,011 changing hands on Friday.
At the close, AMG Packaging dropped $1.70 and ended at $17.50, with just 535 units changing hands, Cargo Handlers traded at a new high of $86.10 after rising 10 cents with just 200 shares trading, at the close the bid on the stock was for 1,500 shares at 86.50 with none on offer. Caribbean Cream closed with 1,200 shares changing hands at $8, Caribbean Producers traded 4,489 shares to close at $3.25 after falling 53 cents, ICI jm trade 12-09-16C2W Music closed at 20 cents with 950 units changing hands, Derrimon Trading rose 5 cents to close at $3.10 with 2,000 shares changing hands, General Accident traded 150,000 units to end at $2.30. Honey Bun traded 3,634 units to end at $5.52, Knutsford Express traded 4,000 shares to close at $26, Lasco Distributors ended with 24,964 shares changing hands and fell 5 cents to close at $7. Lasco Financial had just 2,899 shares changing hands at $3.50, Lasco Manufacturing closed at $4.35 for a loss of 15 cents with 110,563 shares trading, Medical Disposables traded 117,630, shares and closed at $3.55 and tTech traded 26,456 shares at $5.25.

Cargo Handlers at new high

Cargo Handlers traded at a new high of $86.10 on the junior market of the Jamaica Stock Exchange in early Monday trading but with only 200 shares changing hands. Trading volume in the overall markets has been light with the highest volume traded being Pan Jamaican Investment with 38,032 units at $24.
ici Int -12-9-16The junior market index rose a bit with only a few securities trading in that market but the main market indices declined.
In trading Cable & Wireless after trading as low as 75 cents on Friday found some support to trade a small volume at 80 cents and now has a bid to buy at 76 cents. Scotia Group traded up by 95 cents to trade at 28,000 units at $30.
At 10:45 am 23 securities traded, resulting in a volume of just 202,505 shares carrying a value of $3.1 million changing hands compared to 861,119 shares carrying a value of $8,593,129 on Friday. The average number of shares traded amounts to only 8,805 units compared to 39,142 units on Friday. The number of stocks falling are 6 while the prices of 8 securities rose as the market continues to consolidate.
The all Jamaica Composite Index fell 230.99 points to 176,055.60, the Jamaica Stock Exchange Market Index eased 206.55 points to 158,466.78, the Jamaica Stock Exchange combined index fell 78.90 points to close at 170,456.60 and the junior market index 10.98 points to 2,287.19.

17 JSE stocks drop on Friday

Scotia Group dropped $1.95& helped to pull the market index down on Friday

Scotia Group dropped $1.95& helped to pull the market index down on Friday

Jamaican stocks suffered reversal from the gains on Thursday to end Friday with much more losses than gains. On Friday with falling prices outnumbered advancing stocks more than 2 to 1 leading to big falls in the market indices.
At the close of trading, the JSE Market Index sank 1,160.22 points to end at 158,673.33. The all Jamaica Composite Index dropped 1297.53 points to close at 176,286.59 and the JSE combined index dived 1,308.51 points, to end at 170,535.50.
The volume of stocks trading dropped sharply on Friday, with 3,924,169 units valued at $39,797,286, compared to the 6,839,351 units valued at just $23,033,975 changing hands on Thursday. Cable & Wireless dominated trading volume on Thursday with 3.9 million units but traded less than 400,000 shares on Friday.
The junior market accounted for 844,487 units valued at $5,439,011 of the total traded on Friday.
ICI JSE sum 9-09-16At the close of the market prices of just 7 securities gained out of a total of 33 that traded, with 17 declining in the overall market, including 5 stocks rising and 4 falling, in the junior market.
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 6 with lower offers, suggesting continued fluidity in price movements ahead.
In market activity, Berger Paints traded 27,267 shares to end at $5, investors slashed the price of Cable & Wireless by 20 percent, taking it down by 19 cents with 356,419 shares changing hands, to close at 75 cents, the stock remains weak at the close, with lots of selling and little buying interest. Caribbean Cement traded 25,874 shares to close at $25.50, Carreras traded 1,690 shares and fell 77 cents to close at $65.70, The price of 1834 Investments dropped 15 cents in trading at 518,765 shares to end at $1.10, Grace Kennedy dropped $1.54 and ended at $41.45, with 67,952 shares changing hands. Jamaica Broilers had 126,487 shares changing hands, to end with a loss of 8 cents at $14.52. Jamaica Producers ICI JSE fn qt 9-09-16ended at $8.50 with 229,519 units trading, JMMB Group traded 275,597 units and lost 7 cents to $9.88. Kingston Wharves rose $1.30 in trading 9,998 shares to close at $17.40, Mayberry Investments ended with 509,928 shares trading to close at $3.50, National Commercial Bank had 37,402 units changing hands to close with a loss of $1 at $39, Pan Jamaican Investments fell 30 cents and closed at $24 after trading 2,705 shares. Radio Jamaica fell 8 cents to close at $1.40 after 42,764 shares changed hands, Sagicor Group traded 82,050 shares while easing 9 cents off the old price to close at $22.41, Sagicor Real Estate Fund traded 30,540 shares to close at $10.20, Scotia Group dropped $1.95 to close at $29.05 with 549,708 shares changing hands. Scotia Investments had 13,579 units changing hands at $26, Seprod traded 5,400 units but fell $1 to $19.50, Supreme Ventures had 161,905 units changing hands and rose 1 cent to $4.76 and Proven Investments traded 4,133 units to close at 19.87 US cents.

5 junior stocks rise 4 fall – Friday

AMG stock price jumped $2.50 in trading on Friday to $19.20.

AMG stock price jumped $2.50 in trading on Friday to $19.20.

The Junior market closed on Friday, with Lasco Distributors dominating trading volume with 82 percent of the total market volume. Far fewer securities traded than on Thursday, the market index fell 22.64 points, to close at 2,276.21.
Trading ended with 844,487 units changing hands, 54 percent less than on Thursday, while the value traded dropped 41 percent from Thursday, with $5,439,011 changing hands on Friday. At the close 5 stocks gained, while 4 declined out of 12 securities that traded, down from 19 on Thursday.
Market activities ended with 5 securities closing with bids higher than their last selling prices and 5 ending with ICI Jm sum 9-09-16lower offers as the supply of many stocks continue to evaporate.
At the close, AMG Packaging climbed $2.50 and ended at $19.20, with just 2,450 units changing hands, Caribbean Cream closed with 16,000 shares changing hands with a loss of 50 cents at $8, Consolidated Bakeries traded 18,293 shares to close at $2.20 after falling 5 cents. C2W Music closed at 20 cents with 40,000 units changing hands, General Accident traded 11,553 units to end at $2.30. Honey Bun traded 4,000 units and gained 2 cents to end at $5.52, Jamaican Teas rose 60 cents in trading just 1,133 shares to close at $4 but was on offer to sell 3,900 units at $3.80, ICI jm trade 9-09-16Lasco Distributors ended with 689,330 shares changing hands and gained 35 cents to close at $7.05. Lasco Financial had just 100 shares changing hands at $3.50, for a loss of 2 cents, Lasco Manufacturing closed at $4.50 with 10,128 shares trading and tTech rose 25 cents in trading 1,500 shares at $5.25.
Stocks to watch in the coming week are AMG Packaging, Blue Power, Cargo Handlers, Caribbean Cream, Honey Bun, ISP Finance, Jetcon, Knutsford Express, Lasco Financial, Paramount and tTech. The supplies for most of these stocks have pretty much dried up around current prices.

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