5 junior stocks fell – Tuesday

Consolidated Bakeries (Purity) closed at a new  high on Tuesday

Consolidated Bakeries (Purity) closed at a new high on Tuesday

The junior market rose moderately on Tuesday with 12 securities changing hands. Only 3 stocks rose while 5 declined but the market index inched up 2.29 points to close at 2,196.15, with only 956,421 units traded, valued at $4,918,989. Consolidated Bakeries traded at a new high of $2.55 but on small volume.
JM sum 9-8-16At the end of trading 4 stocks closed with bids higher than their last selling prices and none ended with a lower offer. The junior market is showing that the lowest prices for stocks being offered are moving far away from the last traded prices for a number of the companies, with a few having no stocks being offered currently.
At the close, Caribbean Cream gained 22 cents with 197,697 shares changing hands at $7.25, leaving 19,533 units on offer. Caribbean Flavours traded just 2,000 units to close with a loss of 40 cents at $6.10, the bid closed at $6.50, to buy 1,804 shares. Caribbean Producers lost 2 cents in trading 700 units at $3.48, Consolidated Bakeries traded 300 units with the price jumping 42 cents to a new all-time high of $2.55, JM Trdng Sht 9-8-16 there were just two offers posted at the close, to sell 14,700 units. General Accident traded 7,722 shares and lost 6 cents to end at $2.10, Honey Bun had 4,810 shares changing hands at 10 cents lower to close at $5.50, Iron Rock Insurance traded 358,746 units to close at $3.28, Jamaican Teas traded 7,902 units at $3.15, Jetcon Corporation fell 5 cents lower to end with 9,055 shares changing hands at $2.65. Lasco Distributors ended with 243,560 shares changing hands at $6.80, Lasco Manufacturing closed at $5 with 61,690 shares trading and Medical Disposables ended with 62,239 units changing hands at $3.55 after rising 40 cents.

JSE stocks close slightly up – Monday

Carreras lost 48 cents to close at $65.52 but reported a 38% profit increase to June.

Carreras lost 48 cents to close at $65.52 but reported a 38% profit increase to June.


Supreme Ventures was the dominant trade by far on the Jamaica Stock Exchange on Monday with 39,898,309 trading between $4.71 and the closing price of $4.52 after falling 18 cents. Mayberry Investments sold 11,990,487 units from their inventory at $4.71 to Scotia Investments for a mix of buying for in-house inventory and for clients. In the afternoon session Mayberry crossed 27,884,209 units and bought them for in-house inventory with 27,821,082 units, trading at $4.52 each.
In the overall market the prices of 10 securities gained out of a total of 37 securities that traded, with 13 declining, including 5 stocks, rising and 1 falling from the junior market.
The market closed with an overall volume of 42,773,267 units valued at $ 226,239,889 changing hands, in all market segments. The junior market accounted for 257,522 units traded, valued at $1,655,683 of all trades.
The JSE Market Index rose 14.60 points to end at 159,983.00, the all Jamaica Composite Index inched up 16.33 points to close at 177,751.26 and the JSE combined index gained 40.82 points, to end at 170,905.17.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 10 stocks with bids higher than their last selling prices and 1 with a lower offer.
JSE Sum 8-08-16At the end of market activities, Berger Paints traded 6,608 shares to end at $4.60 after falling 4 cents, Cable & Wireless traded 134,255 shares to close at $1.26, Caribbean Cement gained 5 cents in trading 37,805 shares to close at $25.55. Carreras lost 48 cents, in exchanging 4,095 shares to end at $65.52 ahead of the release of its June quarter profit results, showing profit of $861 million or earnings of $1.77 per share, versus $623 million or $1.28 per share, in 2015. Grace Kennedy gained $2.30 to close at $125 with 12,959 shares changing hands, Jamaica Broilers traded 26,599 shares to end at $15. Jamaica Stock Exchange had 9,100 shares trading but slipped 89 cents to close at $21.10, JMMB Group traded 2,105 units to end at $9.80, after falling 10 cents. Kingston Wharves rose by 15 cents with 10,090 units changing hands and closed at $15.55, National Commercial Bank had 55,253 units changing hands, to close with a loss of 1 cent at $42. Trading in 138 Student Living resulted in a loss of 1 cent to close at $4.59 while trading 710,208 shares,JSE fn qts 8-08-16 Pan Jamaican traded 15,750 shares to end at $25.50. Portland JSX traded 33,900 shares and lost 50 cents to end at $12, Radio Jamaica gained 8 cents to close at $1.68 after 170,000 shares changed hands, Sagicor Group lost 5 cents with 14,950 shares changing hands at $21.45, Sagicor Real Estate Fund traded 16,000 shares to close at $10.22. Scotia Group traded 13,354 shares to end at $30.17 after falling by 43 cents, Scotia Investments declined by 10 cents with 2,000 units changing hands at $26 and Proven Investments ended trading 1,328,125 units to close at 19.99 US cents.

5 rising stocks steady juniors – Monday

The junior market rose moderately on Monday with 12 active securities. 5 stocks rose and 1 declined including a jump of $2.30 in the price of Knutsford Express. The market index rose 2.66 points to close at 2,193.86, with only 257,522 units trading, valued at $1,655,683.
JM sum 8-8-16At the end of trading 4 stocks closed with bids higher than their last selling prices and none ended with a lower offer.
At the close, Caribbean Cream gained 3 cents with 1,000 shares changing hands at $7.03, Consolidated Bakeries did not trade, but the bid for the stock climbed to $2.44, there were just two offers posted at the close, to sell 15,000 units. The stock last traded to close at $2.13, Dolphin Cove traded 300 shares to close at $14. General Accident traded 42,019 shares and gained 1 cent to end at $2.16, Honey Bun had 26,357 shares changing hands, to close at $5.60, ISP Finance traded 4,000 shares at $5.15,JM Trdng Sht 8-8-16 Jetcon Corporation ended with 3,700 shares changing hands at $2.70, KLE Group ended at $1.30 with 918 shares changing hands. Knutsford Express closed with 23,977 units changing hands at $19, after climbing $2.30, Lasco Distributors lost 20 cents and ended with 77,580 shares changing hands at $6.80, Lasco Financial ended with 2,860 shares changing hands at $3.49, for a gain of 24 cents. Lasco Manufacturing closed at $5 with 74,311 shares trading and Derrimon Trading preference share ended with 500 units changing hands at $2.10.

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SVL trades 12m shares on JSE – Monday

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Trading on the Jamaica Stock Exchange on Monday morning resulted in an unusually high level of 34 securities trading. Supreme Ventures (SVL) traded 12,014,100 shares unchanged at $4.70 to be by far the dominant trade. The closest to that is Cable & Wireless with 134,255 units at $1.26.
The bulk of the SVL trade was done between Mayberry Investments, who sold from in house inventory and Scotia JSE Intra - 8-08-16Investments, the buying broker, who bought for a combination of clients and inhouse purposes.
The market indices all rose moderately, in the main and junior markets, with 9 stocks gaining versus 9 that fell.
The all Jamaica Composite Index rose 147.69 points to 177,882.62, the Jamaica Stock Exchange Market Index climbed 132.06 points to 160,100.46 the Jamaica Stock Exchange combined index gained 144.22 points to close at 171,008.57 points and the junior market index gained 2.11 points to 2,193.31.
Trading levels at 10:45 am was low, resulting in a volume of 12,389,773 shares changing hands, excluding the SVL trade the total volume would have been only 375,673 units and the average trade would be 11,384 units. The average number of shares traded amounts to 364,405 units compared to 6,256 units on Friday.

Juniors hit with falling prices – Friday

The junior market lost moderately on Friday with 13 active securities of which 3 stocks rose and 6 declined including a drop of $2.82 in the price of Knutsford Express. The market index slipped 5.64 points to close at 2,191.20, with only 260,545 units trading, valued at $1,819,326.
JM sum 5-8-16A total of 3 stocks closed with bids higher than their last selling prices and none ended with a lower offer.
At the close, AMG Packaging traded 2,099 shares at $12.50, Caribbean Cream gained 10 cents with 7,970 shares changing hands at $7, Caribbean Flavours traded 154,637 units to end at $6.50 with a loss of 3 cents, Caribbean Producers traded 8,323 units and rose 25 cents to close at $3.50. Consolidated Bakeries lost 12 cents in trading 12,000 shares to close at $2.13, Honey Bun had 25,450 shares changing hands, to close with a gain of 5 cents, at $5.60 after the company reported sales increasing by 36 percent and profit before taxes jumping 124 percent to $38 million for the June quarter.JM Trdng Sht 5-8-16 Iron rock Insurance fell 32 cents while trading 3,000 shares to close at $3.28, KLE Group ended at $1.30 with 4,232 shares changing hands, after losing 5 cents, Knutsford Express closed with 21,500 units changing hands at $16.70, after dropping $2.82. Lasco Distributors ended with 15,784 shares changing hands at $7, Lasco Financial ended with 2,850 shares changing hands at $3.25, for a fall of 10 cents, Lasco Manufacturing closed at $5 with 2,500 shares trading and Eppley 10% preference share, traded 200 units at $6.10.

JSE stocks close down on Friday

Exchange place The Jamaica Stock Exchange main market indices declined again on Friday but well below the more than 2,000 points it fell by on Thursday. In the overall market the prices of 10 securities gained out of a total of 36 securities that traded, with 17 declining, including 3 stocks, rising and 6 falling from the junior market.
The market closed with an overall volume of 3,195,511 units valued at $184,753,798 changing hands, in all market segments. The junior market accounted for 260,545 units traded, valued at $1,819,326 of all trades.
The JSE Market Index fell 196.07 points to end at 159,968.40, the all Jamaica Composite Index sunk 219.27 points to close at 177,734.93 and the JSE combined index dived 239.78 points, to end at 170,864.35.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 6 stocks with bids higher than their last selling prices and 1 with a lower offer.
JSE Sum 5-08-16At the end of market activities, Berger Paints traded 4,558 shares to end at $4.60 after gaining 4 cents, Cable & Wireless rose 6 cents in trading 175,689 shares to close at $1.26, Caribbean Cement traded 304,801 shares to close at $25.50, Carreras gained 50 cents in exchanging 1,000 shares at $66. Trading in 1834 Investments, led to a lost of 1 cent with 16,436 shares changing hands to close at $1.20, Grace Kennedy dropped $3.30 to close at $122.70 with 3,881 shares changing hands, Jamaica Producers fell 5 cents in trading 14,200 shares to end at $8.15. Jamaica Stock Exchange had 10,000 shares trading but slipped 1 cents to close at $21.99, JMMB Group traded 1,450 units to end at $9.90, after gaining 20 cents. Kingston Wharves lost 60 cents with 8,500 units changing hands and closed at $15.40, National Commercial Bank had 66,966 units changing hands, to close with a loss of 1 cent at $42.01, Pan Jamaican traded 2,350 shares and rose 25 cents to end at $25.50. JSE fn qts 5-08-16Portland JSX traded 4,000 shares and lost 5 cents to end at $12.50, Radio Jamaica lost 5 cents to close at $1.60 after 10,400 shares changed hands, Sagicor Group had 163,785 shares changing hands at $21.50, Sagicor Real Estate Fund traded 1,080 shares to close at $10.22. Scotia Group traded 404,540 shares to end at $30.60, Scotia Investments declined by 40 cents with 16,300 units changing hands at $26.10, Supreme Ventures rose 19 cents to end at $4.70, with 200,690 units changing hands. Proven Investments rose 0.99 US cent while trading 1,035,300 units to close at 19.99 US cents and Jamaica Money Market Brokers 7.5% preference share traded 484,000 units to close at $2.09 but lost 1 cent.

Light trading on JSE – Friday

Trading of stocks on the Jamaica Stock Exchange on Friday morning was light, with just 18 securities changing hands ahead of the independence day holiday on Saturday. The market indices all rose in the main and junior markets, but declining stocks were in the ascendancyJSE Intra - 5-08-16 with only 3 stocks gaining in price versus 8 that fell.
The all Jamaica Composite Index rose 124.20 points to 178,078.40 the Jamaica Stock Exchange Market Index climbed 111.05 points to 160,275.52 the Jamaica Stock Exchange combined index gained 136.97 points to close at 171,241.10 points andthe junior market index gained 3.31 points to 2,200.15.
Trading levels at 10:45 am was low, resulting in a volume of a mere 112,608 shares changing hands. The average number of shares traded amounts to only 6,256 units compared to 33,688 units on Thursday.
Iron Rock Insurance has buying for 3,992,866 units at $3.28, Jamaica Producers Bond had an offer to sell 5,776,818 units at $1.10 and Radio Jamaica had 967,693 units offered at $1.68.

JSE reverses Wednesday’s gains

Scotia Group dropped by $1.88 on Thursday to help pull down the market index close to 2,000 points.

Scotia Group dropped by $1.88 on Thursday to help pull down the market index close to 2,000 points.

The Jamaica Stock Exchange main market indices dropped sharply on Thursday as the prices of 11 main market stocks feel included a big fall in Scotia Group price and a smaller decline in the price of National Commercial Bank. In the overall market the prices of 19 securities gained out of a total of 46 securities that traded, with 10 declining, including 9 stocks, rising and 5 falling from the junior market.
The gains enjoyed on Wednesday was almost erased as the JSE Market Index dropped 2,117.74 points to end at 160,164.47, the all Jamaica Composite Index sunk 2,368.36 points to close at 177,954.20 and the JSE combined index nosedived 1,837.75 points, to end at 171,104.13.
The market closed with an overall volume of 2,788,209 units valued at $36,729,803 changing hands, in all market segments. The junior market accounted for 910,288 units traded, valued at $3,268,885 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 6 stocks with bids higher than their last selling prices and 4 with lower offers.
At the end of market activities, Barita Investments traded 6,000 units and gained 5 cents, to close at $3.05, JSE Sum 4-08-16Berger Paints traded 10,809 shares to end at $4.56 after gaining 1 cent, Cable & Wireless lost 5 cents in trading 126,269 shares to close at $1.20, Caribbean Cement fell 10 cents in trading 23,805 shares to close at $25.50. Carreras declined by 40 cents in exchanging 2,430 shares at $65.50. Trading in 1834 Investments, lost 18 cents with 21,816 shares changing hands to close at $1.21, Grace Kennedy dropped 99 cents to close at $126 with 11,240 shares changing hands. Jamaica Broilers ended with 157,074 shares changing hands to gain 48 cents at $15, Jamaica Producers fell 9 cents in trading 12,400 shares to end at $8.20, Jamaica Stock Exchange had 30,000 shares trading at $22, JMMB Group traded 9,931 units to end at $9.70, after gaining 20 cents. Kingston Wharves gained 47 cents with 11,940 units changing hands and closed at $16, National Commercial Bank traded 211,216 units changing hands, to close with a loss of 73 cents at $42.02, Pan Jamaican traded 5,000 shares and fell 25 cents to end at $25.25. Portland JSX traded 5,145 shares and rose 5 cents to end at $12.55, Radio Jamaica rose 5 cents to close at $1.65 after 1,820 shares changed hands, Sagicor Group lost 65 cents to end with just 5,305 shares changing hands at $21.50, JSE fn qts 4-08-16rSagicor Real Estate Fund traded 12,980 shares to close at $10.22 with a loss of 28 cents. Scotia Group dropped $1.88 while trading 32,450 shares to end at $30.60, Scotia Investments had 3,980 units changing hands at $26.50, Seprod gained 10 cents to close at $17.50 with 4,364 units changing hands, Supreme Ventures rose 1 cent to end at $4.51, with 188,423 units changing hands. Proven Investments traded 421,807 units to close at 19 US cents, JMMB Group 7.5% preference share traded 523,182 shares to close at $1.10 after falling 2 cents and Jamaica Money Market Brokers 7.5% preference share traded 24,715 shares to close at $2.09.

Juniors end with 3 new highs – Thursday

Blue Power hit a new high of $16.50 on Thursday.

Blue Power hit a new high of $16.50 on Thursday.

The junior market rose slightly on Thursday with 19 active securities of which 9 stocks rose and 5 declined. Three stocks closed at a 52 weeks’ high and one traded at an intraday low. The market index gained 12.34 points to close at 2,196.84, as a total of 910,288 units traded, valued at $3,268,885.
A total of 2 stocks closed with bids higher than their last selling prices and 3 ended with a lower offer.
At the close, Access Financial traded just 163 shares at $17.50, Blue Power Group ended with 5,000 shares changing hands with a gain of 40 cents to close at a 52 weeks’ high of $16.50, CAC 2000 had 2,589 units changing hands to close with a loss of 10 cents at $6.40.JM sum 4-8-16 Caribbean Cream closed 10 cents lower with 38,177 shares changing hands at $6.90, Caribbean Producers traded 16,000 units with at $3.25, Consolidated Bakeries gained 5 cents in trading 4,104 shares to close at a 52 weeks’ high of $2.25. C2W Music closed with a gain of 1 cent as 33,000 units changed hands to close at 30 cents, the stock traded at an intraday low of 25 cents. Dolphin Cove rose by 35 cents while 2,000 units were traded, to close at $14, Honey Bun had 47,118 shares changing hands, to close with a gain of 10 cents, at $5.55. Iron rock Insurance gained 42 cents while trading 1,000 shares to close at $3.60, ISP Finance jumped 65 cents to a new high of $5.15 with only 1,000 shares changing hands. Key Insurance traded 2,000 units at $2.60, JM Trdng Sht 4-8-16rKLE Group ended at $1.35 with 100,000 shares changing hands, after rising by 5 cents, Knutsford Express closed with 30,000 units changing hands at $19.52, after rising by 52 cents. Lasco Distributors ended with 37,152 shares changing hands at $7, Lasco Financial ended with 32,985 shares changing hands at $3.35, for a rise of 5 cents, Lasco Manufacturing lost 5 cents and closed at $5 with 88,000 shares trading. Medical Disposables traded with a loss of 35 cents to close at $3.15 with 20,000 shares changing hands and Derrimon Trading preference share, traded 449,000 units at $2.07.

Rising stocks beat out decliners

Rising stocks have the upper hand on those declining on Thursday morning, JSE Intra - 4-08-16in continuation of Wednesday’s trading, when advancing stocks beat put declining ones at the close of the market.In the process all main indices of the market rose as 11 securities rose and only 3 declined.
The all Jamaica Composite Index rose 335.53 points to 180,658.09 the Jamaica Stock Exchange Market Index climbed 300.02 points to 162,582.23 the Jamaica Stock Exchange combined index gained 504.39 points to close at 173,446.27 points andthe junior market index gained 22.04 points to 2,206.54.
Trading levels at 10:45 am was low, resulting in 23 securities changing hands and accounting for a volume of 808,516 shares. The average number of shares traded amounts to 33,688 units compared to 81,834 units on Wednesday.

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