Eppley jumps by $85 on Friday

Eppley jumped $85 to close at $735

Eppley jumped $85 to close at $735

Eppley jumped $85 to a new high of $735 on Friday as the junior market closed with 16 securities trading as the price of 10 increased and 2 declined leading the junior market index, to close with a loss of 18.79 points at 2,233.98. At the end of trading, 509,115 units valued at $9,086,931 traded with 3 securities ended at 52 weeks’ highs.
The stocks trading at new highs are, Cargo Handlers climbing 98 cents to $76.01 with 3,470 shares changing hands, Eppley closing at $735 with 9,000 units traded and Knutsford Express Services jumping $1.75 to close at $25 as just 190 units of the company’s shares traded.
The standoff between buyers and sellers as the market continues to consolidate with volumes being offered slowly JM sum 26-8-16falling remains in place at the market’s close leaving a number of stocks short on supply to meet any meaningful demand. Trading ended with 5 securities closing with bids higher than their last selling prices and 4 ending with lower offers.
At the close, CAC 2000 gained 40 cents in trading 81,096 shares, to end at $6.40, Caribbean Cream closed with 55,718 shares changing hands at $7, Caribbean Flavours traded 2,791 units to end at $7, Caribbean Producers rose 15 cents in trading 91,336 units at $3.55, Dolphin Cove ended at $15.61 with 2,000 shares trading, to gain 11 cents. JM Trdng Sht 26-8-16 Honey Bun rose 45 cents with 9,140 shares changing hands, to close at $5.55, Iron Rock with 3,697 units changing hands, ended at $3.30, KLE Group ended at $1.40 with 86,818 shares changing hands after falling by 3 cents. Lasco Distributors ended with 15,875 shares changing hands at $7, Lasco Manufacturing closed at $4.55 with 111,727 shares trading, after falling 35 cents. Medical Disposables ended with a rise of 3 cents as 28,207 shares changed hands at $3.09, Sweet River Abattoir with 6,000 units trading rose 1 cent to end at $3.85 and Derrimon Trading preference share gained 12 cents ended with 2,050 units changing hands to close at $2.20.

JSE majors in big drop on Thursday

Stocks The volumes and value of stocks trading on the Jamaica Stock Exchange fell even lower on Thursday, than on Wednesday, with only 1,511,668 units valued at $15,554,439, down from $23,078,589 changing hands on Wednesday. Of the stocks trading in all market segments, the junior market accounted for 318,651 units, valued at $1,661,887.
At the close of trading, the JSE Market Index suffered a sizable fall of 1,122.82 points to end at 157,304.81. The all Jamaica Composite Index dropped 1,255.70 points to close at 174,756.12 and the JSE combined index had a fall of 502.71 points, to end at 169,025.53 as the junior market gained strongly, thus negating some of the main market fall.
JSE Sum 25-08-16At the close of the market prices of 12 securities gained out of a total of 26 that traded, with 10 declining in the overall market, including 7 stocks rising and 1 falling, in the junior market. Kingston Wharves traded at a 52 weeks’ intraday high of $17.
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 3 with lower offers.
In market activity, Barita Investments closed with a gain of 20 cents to trade at $3 with 7,060 units changing hands, Cable & Wireless traded 757,633 shares and closed at $1.01 after falling by 6 cents, Carreras lost 45 cents, while trading just 2,000 shares to end at $66. Grace Kennedy added 90 cents to end at $43.40 with 146,082 shares changing hands, Jamaica Broilers had 3.404 shares changing hands, to end with a gain of 5 cents at $14.65. JSE fn qts 25-08-16Jamaica Stock Exchange had 1,300 units changing hands to close at $21.50, National Commercial Bank had 35,206 units changing hands but lost 79 cents to close at $40. Pan Jamaican Investments lost 40 cents to close at $24.60, after trading only 125 shares, Radio Jamaica rose 15 cents in trading 15,601 shares, to end at $1.70, Sagicor Group lost 8 cents while 18,118 shares changed hands, at $21, Sagicor Real Estate Fund traded 12,672 shares and gained 30 cents, to close at $9.80. Scotia Group dropped 98 cents to close at $29.08 with 139,902 shares changing hands, Scotia Investments had 20,000 units changing hands at $25 for a fall of $1, Supreme Ventures lost 5 cents while 5,000 shares changed hands at $4.75 and JMMB Group 7.50% preference share traded 21,514 units and rose 7 cents to close at $1.07.

Juniors recover lost ground – Thursday

JM sum 25-8-16 The junior market closed on Thursday with just 7 securities trading, leading the junior market index, to close with a gain of 52.50 points at 2,252.77, thus reversing almost all of the fall of the previous two days. At the end, 318,651 units, valued at $1,661,887 traded.
While the number of units trading were low, there appears a stand off between buyers and sellers as the market continues to consolidate with volumes being offered slowly falling, leaving a number of stocks short on supply to meet any meaningful demand. Trading ended with 5 stocks that rose while only 1 declined as 7 closed with bids higher than their last selling prices and 2 ended with lower offers.
JM Trdng Sht 25-8-16At the close, Access Financial gained $1.45 in trading 500 shares, to end at $17.50, Honey Bun rose 2 cents with 44,900 shares changing hands, to close at $5.10, Jetcon Corporation rose by 30 cents with 35,000 units changing hands to end at $3.15. Lasco Distributors ended with 81,400 shares changing hands at $7, Lasco Financial gained 25 cents in trading 13,351 units to close at $3.50, Lasco Manufacturing closed at $4.90 with 139,500 shares trading, after rising 40 cents and Medical Disposables ended with a loss of 9 cents as 4,000 shares changed hands at $3.06.

Falling JSE stocks beat advancers – Wednesday

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Kingston Wharves traded at a new intraday high of $17 on Wednesday.

Kingston Wharves traded at a new intraday high of $17 on Wednesday.

The volumes and value of stocks trading on the Jamaica Stock Exchange fell to low levels on Wednesday as the major market indices fell but not as badly as on Tuesday. At the close, the JSE Market Index suffered a mild fall of 45.26 points to end at 158,427.63 the all Jamaica Composite Index slipped by 50.61 points to close at 176,011.82 and the JSE combined index had a fall of 395.82 points, to end at 169,528.24 as the junior market fell.
At the close of the market prices of 8 securities gained out of a total of 38 that traded, with 18 declining in the overall market, including 4 stocks rising and 7 falling, in the junior market. Kingston Wharves traded at a 52 weeks’ intraday high of $17.
Trading closed with 7,500,411 units valued at $23,078,589 changing hands, in all market segments. JSE Sum 24-08-16 The junior market accounted for 1,886,162 units, valued at $8,593,938 of all trades.
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 2 with lower offers.
In market activity, Cable & Wireless traded 72,300 shares and closed at $1.07 after rising by 3 cents, Caribbean Cement traded just 3,000 shares and fell 48 cents to close at $26.20, Carreras lost 5 cents, while trading just 19,533 shares to end at $66.45. The price of 1834 Investments fell 5 cents to close at $1.26, in trading 534,918 shares, Grace Kennedy lost $1 to end at $42.50 with 29,745 shares changing hands, Jamaica Broilers had 44,821 shares changing hands, to end at $14.60. Jamaica Stock Exchange had 16,950 units changing hands to close at $21.50, JMMB Group traded only 2,426 units to end with a loss of 29 cents at $9.51,JSE fn qts 24-08-16ud National Commercial Bank had 20,749 units changing hands and climbed 29 cents to close at $40.79. Pan Jamaican Investments lost 15 cents to close at $25, after trading 30,249 shares, Radio Jamaica traded 254,020 shares, to end at $1.55, Sagicor Group lost 72 cents while only 2,900 shares changed hands, at $21.08, Sagicor Real Estate Fund traded 7,328 shares and fell 50 cents, to close at $9.50. Scotia Group traded unchanged at $30.06 with 41,854 shares changing hands, Supreme Ventures lost 10 cents while 527,552 shares changed hands at $4.80 and JMMB Group 7.50% preference share traded 4 million units but fell 1 cent to a 52 weeks’ low of $1.01.

Juniors down again on Wednesday

Cargo Handlers trade at a new high of $76.10 on Wednesday.

Cargo Handlers trade at a new high of $76.10 on Wednesday.

The junior market closed on Wednesday with more prices falling than rising slicing 34.48 points off the junior market index, to close at 2,200.27 in continuation of the fall on Tuesday. At the end, 1,886,162 units, valued at $8,593,938 traded, with 17 securities changing hands.
Trading ended with 4 stocks that rose while 7 declined as 7 closed with bids higher than their last selling prices and 2 ended with lower offers.
At the close, CAC 2000 traded 10,614 shares, to end at $6, Caribbean Cream closed with 126,756 units changing hands and fell 5 cents, to $7,JM sum 24-8-16 Cargo Handlers traded 7,518 shares but lost just 1 cent in closing at $75.03, after trading earlier at an intraday high of $76.10. Caribbean Flavours traded 2,791 units to end at $7. Caribbean Producers rose 9 cents in trading 4,885 units at $3.40, Consolidated Bakeries rose 5 cents with 1,353 units changing hands, to end at $2.40, Derrimon Trading traded 7,050 units to close at $3.05. Honey Bun had 44,404 shares changing hands, to close at $5.08, Iron Rock Insurance traded 24,393 units to close at $3.30, Jamaican Teas traded 13,508 units to close at $3.40, JM Trdng Sht 24-8-16 Jetcon Corporation fell by 15 cents with 15,098 units to end at $2.85. KLE Group gained 3 cents and ended at $1.43 with 284 shares changing hands, Lasco Distributors fell 5 cents and ended with 18,002 shares changing hands at $7, Lasco Financial lost 10 cents in trading 758,513 units to close at $3.25. Lasco Manufacturing closed at $4.50 with 550,005 shares trading, after falling 35 cents, Medical Disposables ended with a loss of 10 cents as 65,000 shares changed hands at $3.15 and tTech climbed 59 cents and ended at $5 with 235,988 units changing hands.

Big losses for JSE indices on Tuesday

Scotiabank fell $1.44 on Tuesday

Scotiabank fell $1.44 on Tuesday

The volumes and value of stocks trading on the Jamaica Stock Exchange remained moderate on Tuesday but the major market indices fell sharply even as advancing stocks edged out declining ones. At the close, the JSE Market Index suffered a big dived of 2,967.81 points to end at 158,472.89 the all Jamaica Composite Index dropped sharply by 3,319.03 points to close at 176,062.43 and the JSE combined index had a steep fall of 2,986.42 points, to end at 169,924.06.
At the close of the market prices of 16 securities gained out of a total of 40 securities that traded, with 15 declining in the overall market, including 9 stocks, rising and 6 falling in the junior market.
Trading closed with 6,761,304 units valued at $43,160,974 changing hands, in all market segments. The junior market accounted for 2,549,505 units, valued at $12,665,912 of all trades.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the JSE Sum 23-08-16Investor’s Choice bid-offer indicator reading showed 9 stocks with bids higher than their last selling prices and 2 with lower offers.
In market activity, Cable & Wireless traded 777,339 shares and closed at $1.04 after falling by 6 cents, Caribbean Cement traded 157,722 shares and fell 22 cents to close at $26.68, Carreras rose 5 cents, while trading just 8,190 shares to end at $66.50. The price of 1834 Investments rose 1 cent to close at $1.31, in trading 109,046 shares, Grace Kennedy lost 90 cents in ending at $43.50 with 89,591 shares changing hands, Jamaica Broilers had 170,189 shares changing hands, to end at $14.60, Jamaica Producers gained 9 cents to close at $8.41 with 29,234 units trading. Jamaica Stock Exchange had 9,600 units changing hands to close at $21.50, JMMB Group traded 33,575 units to end with a gain of 30 cents at $9.80, Kingston Wharves traded 11,680 shares to close at $16.20, National Commercial Bank had 53,745 units changing hands and fell 50 cents to close at $40.50. Pan Jamaican Investments gained 15 cents to close at $25.15, after trading 19,524 shares, Portland JSX traded 303,134 shares and rose 9 cents, to end at $11.49, JSE fn qts 23-08-16Radio Jamaica traded 24,344 shares, to end at $1.55, Sagicor Group closed with a gain of 30 cents while 71,066 shares changed hands, at $21.80. Sagicor Real Estate Fund traded 1,470 shares and fell 20 cents, to close at $10, Scotia Group lost $1.44 while trading 87,422 shares, to end at $30.06, Scotia Investments closed trading with 37,500 shares at $26. Supreme Ventures lost 9 cents while 191,370 shares changing hands at $4.90, Proven Investments ordinary share, traded 48,300 units at 19.94 US cents compared to 19 US cents on Monday, JMMB Group 7.50%% preference share traded 94,115 units but fell 6 cents to $1.02 and Jamaica Money Market Brokers 7.50% preference share traded 1,874,000 units and ended at $2.10.

Juniors drop with 1 new high – Tuesday

Knutsford closed at a new high on Tuesday.

Knutsford closed at a new high on Tuesday.

The junior market closed on Tuesday with prices changes being mixed, as investors moved prices up and down in almost equal numbers, but sliced 22.77 points off the junior market index, to close at 2,234.75. At the end, 2,549,505 units, valued at $12,665,912 traded, with 15 securities changing hands.
Trading ended with 7 stocks that rose while 6 declined, including Knutsford Express that closed at a new 52 weeks’ high of $23.25 with 2,882 shares trading, to record a gain of 5 cents. At the end of trading 6 stocks closed with bids higher than their last selling prices and 1 ended with a lower offer.
At the close, Access Financial Services gained 5 cents in trading 40,000 shares, to end at $16.05, AMG Packaging JM sum 23-8-16added 51 cents and closed at $13.51, with 10,299 units changing hands, Caribbean Cream closed with 419,825 units changing hands and fell 30 cents, to $7.05. Cargo Handlers last traded at $75.04, but now has a bid at $76.10, to buy 5,000 shares, with no stock on offer at the close. Caribbean Flavours traded 8,910 units to end at $7 with a gain of 15 cents, Consolidated Bakeries had 35,242 units changing hands to end at $2.35, General Accident gained 1 cent, in trading 950 units to close at $2.30. Honey Bun dropped 45 cents with 10,516 shares changing hands, to close at $5.08,JM Trdng Sht 23-8-16 Jamaican Teas traded 5,235 units with a fall of 45 cents to close at $3.40, Lasco Distributors ended with 11,700 shares changing hands to end at $7.05, Lasco Financial lost 5 cents in trading 750,200 units to close at $3.35. Lasco Manufacturing closed at $4.85 with 644,900 shares trading, after falling 4 cents, Paramount Trading ended with a loss of $2.50 as 1,249 shares changed hands at $12, tTech climbed 41 cents and ended at $4.41 with 507,226 units changing hands and Eppley 10% preference share gained 1 cent to close at $6.11 with 100,371 units changing hands.

Big losses for JSE on Monday

JMMB Group traded 1,790,063 shares but fell 34 cents to $9.50 on Monday.

JMMB Group traded 1,790,063 shares but fell 34 cents to $9.50 on Monday.

Trading on the Jamaica Stock Exchange fell back on Monday to moderate levels compared to the more than $3 billion that traded on Friday when stockbroker, Victoria Mutual Wealth Management was involved in several high volume crosses. Trading resulted in a sharp fall in the indices of the main market in the early morning session which moderated at the close with a loss of 1,053.34 points compared to a fall of 2,649.37 points in the all Jamaican Composite Index after 75 minutes of the market’s opening.
At the close of the market, prices of 16 securities gained out of a total of 40 securities that traded, with 15 declining in the overall market, including 9 stocks rising and 6 falling, in the junior market. Trading closed with 6,073,929 units valued at $48,432,570, changing hands, in all market segments. The junior market accounted for 2,670,477 units, valued at $18,350,360 of all trades.
JSE Sum 22-08-16The JSE Market Index declined by 941.87 points to end at 161,440.70 the all Jamaica Composite Index fell 1,053.34 points to close at 179,381.46 and the JSE combined index slipped 799.41 points, to end at 172,910.48.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 9 stocks with bids higher than their last selling prices and 3 with lower offers.
In market activity, Cable & Wireless traded 150,000 shares and closed at $1.10, Carreras rose 43 cents, while trading just 560 shares to end at $66.45. The price of 1834 Investments rose 1 cent to close at $1.30, in trading 8,177 shares,  Grace Kennedy lost 60 cents in ending at $44.60 with 86,340 shares changing hands, Jamaica Broilers fell 38 cents with 10,287 shares changing hands, to end at $14.60, Jamaica Producers fell 18 cents to close at $8.32 with 23,144 units trading. Jamaica Stock Exchange had 17,093 units changing hands to close at $21.50, JMMB Group traded 1,790,063 units to end with a loss of 34 cents at $9.50, Mayberry Investments lost 14 cents with 19,596 shares trading, to close at $3.81, National Commercial Bank had 10,312 units changing hands, to close at $41. Pan Jamaican Investments gained 1 cent to close at $25 after trading 6,285 shares, Portland JSX traded 4,110 shares and fell 8 cents to end at $11.40, Pulse Investments rose 14 cents to close at $4 with 15,000 shares changing hands, Radio Jamaica traded 131,954 shares to end at $1.55. Sagicor Group closed with a gain of 50 cents while 86,345 shares changed hands at $21.50, Sagicor Real Estate Fund traded 3,120 shares and rose 8 cents, to close at $10.20, Scotia Group lost 20 cents while trading 77,019 shares, to end at $31.50, Scotia Investments closed trading with 2,908 shares at $26. Supreme Ventures had 25,000 shares changing hands at $4.99 and Jamaica Money Market Brokers 7.50% preference share traded 926,000 units and ended at $2.10.

Juniors claw higher on Monday

Knutsford Express traded at an all-time high of $23.20 on Monday.

Knutsford Express traded at an all-time high of $23.20 on Monday.

An equal number of securities rose and declined at the close of trading in the junior market on Monday as the junior market index rose moderately. At the close 2,670,477 units, valued at $18,350,360 traded as 16 securities changed hands. Knutsford Express closed at a new 52 weeks’ high of $23.20 with 5,545 shares trading to record a gain of $1.20.
Trading ended with 7 stocks that rose while 7 declined, while the market index gained 7.24 points, to close at 2,257.52. JM sum 22-8-16At the end of trading 5 stocks closed with bids higher than their last selling prices and 1 ended with a lower offer.
At the close, Access Financial Services traded 7,357 shares to end at $16, AMG Packaging lost 12 cents and closed at $13 with 16,104 units changing hands, CAC 2000 closed with 1,797 units changing hands but fell 1 cent to $6, Cargo Handlers had 4,000 shares changing hands, to close at $75.04 with the loss of a cent. Caribbean Flavours traded 589,637 units to end at $6.85 with a loss of 15 cents, Caribbean Producers gained 1 cent in trading 6,162 units at $3.26, Consolidated Bakeries fell 10 cents in trading 18,620 units to end at $2.35, General Accident gained 8 cents, in trading 2,046 units to close at $2.29. JM Trdng Sht 22-8-16Honey Bun had 98,613 shares changing hands, to close with a gain of 5 cents at $5.55, Iron Rock Insurance traded 1,303 units and gained 2 cents to close at $3.30. Jetcon Corporation traded 127,964 shares and fell 20 cents to close at a new high of $3, Key Insurance with 1,653 shares changing hands rose 15 cents to end at $2.65, Lasco Distributors ended with 1,782,910 shares changing hands but gained 5 cents to land at $7.05. Lasco Financial traded just 400 units to close at $3.40 and Lasco Manufacturing closed at $4.89 with 6,366 shares trading, after falling 7 cents.

JSE down sharply in early session – Monday

In early morning trading on the Jamaica Stock Exchange, the main market dropped sharply with JSE Intra - 22-08-16 2,649.37 points being cut from the all Jamaican Composite Index.
Scotia Group dropped to $29.09 from $31.70 and is one of the the main contributor to the loss, while Grace Kennedy traded 77,140 units and lost $2 to trade at $43. JMMB Group traded 1,788,648 units at $9.50, dwon from $9.84 that it closed at on friday, Jamaica Money Market Brokers 7.50% preference share traded 926,000 units at $2.10 and Lasco Distributors traded 1,782,310 at $7.01, being the leading trades.
At 10:45 am 32 securities traded, resulting in a volume of 4,736,763 shares changing hands. The average number of shares traded amounts to 148,024 units compared to 2,248,744 units on Friday. The number of stocks falling is now at 13 while the prices of 16 securities rose.
The all Jamaica Composite Index dropped 2,649.37 points to 177,785.43 the Jamaica Stock Exchange Market Index slipped 2,369.01 points to 160,013.56, the Jamaica Stock Exchange combined index dived 2,089.00 points to close at 171,620.89 and the junior market index rose 10.57 points to 2,260.85.

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