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

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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.

Large $3B trades for JSE on Friday

VM Wealth were the lead broker on Friday.

VM Wealth were the lead broker on Friday.

Trading on the Jamaica Stock Exchange surged on Friday to more than $3 billion with stockbroker, Victoria Mutual Wealth Management involved in several high volume crosses on Friday, mainly in the morning session. The trades by the brokerage house accounted for the bulk of the stocks that traded on Friday. The heavy trading did not help the Jamaica Stock Exchange market indices, with losses recorded for the three major ones.
At the close of the market prices of 16 securities gained out of a total of 45 securities that traded, with 15 declining in the overall market, including 9 stocks, rising and 6 falling in the junior market.
Trading closed with 210,179,795 units valued at $3,020,175,411 changing hands, in all market segments. The junior market accounted for 35,774,696 units, valued at $989,215,841 of all trades. Today’s trading in equivalent to approximately one month’s trading on the Jamaica Stock Exchange and will therefore Boost the stock exchange’s income for the September quarter.
The JSE Market Index declined by 178.20 points to end at 162,382.57, the all Jamaica Composite Index fell 199.29 points to close at 180,434.80 and the JSE combined index slipped 57.67 points, to end at 173,709.89.
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, Berger Paints traded 434,736 shares to end at $5, Cable & Wireless traded 37,248,887 shares and closed at $1.10, Caribbean Cement climbed 90 cents in trading 2,944,476 shares to close at $26.90, Carreras rose 1 cent, while trading 874,902 shares to end at $66.02. JSE Sum 19-08-16The price of 1834 Investments declined by 1 cent to close at $1.29, in trading 1,111,097 shares, Grace Kennedy ended at $45 with 6,820,320 shares changing hands, Jamaica Broilers fell 2 cents with 4,558,519 shares changing hands, to end at $14.98, Jamaica Producers rose 25 cents to close at $8.50 with 8,387,030 units trading. Jamaica Stock Exchange had 74,900 units changing hands to close at $21.50, to record a loss of $2.50, JMMB Group traded 9,784,841 units to end with a loss of 2 cents at $9.84. Kingston Properties gained 11 cents in trading 537,135 units to close at $9.11, Mayberry Investments gained 13 cents with 1,341,876 shares trading, to close at $3.95, National Commercial Bank had 10,312,619 units changing hands, to close at $41. Pan Jamaican Investments shed 1 cent to close at $24.99 after trading 1,505,043 shares, Portland JSX traded 10,455,000 shares and fell 2 cents to end at $11.48, Radio Jamaica lost 11 cents in trading 57,805,532 shares to end at $1.55, JSE fn qts 19-08-16Sagicor Group closed with 6,674,410 shares changing hands at $21. Sagicor Real Estate Fund traded 398,371 shares and fell 13 cents, to close at $10.12, Salada Foods traded 598,045 units and declined by 1 cent, to end at $8.19, Scotia Group rose $1.70 while trading 8,639,508 shares, to end at $31.70, Scotia Investments with 1,026,990 shares traded closed at $26. Seprod gained 1 cent, to close at $19.01 with 23,904 shares changing hands, Sterling Investments had 2,673,905 units trading to end at $13, Proven Investments ordinary share traded 69,200 units at 19.95 US cents, down by a fraction of a US cent and Jamaica Public Service 9.5% preference share with 99,931 units trading to close at $1,247.

Juniors trading hits $989M on Friday

Cargo Handlers hit a new high of $75.05 on Friday while 11 m of its shares valued at $950 million traded. .

Cargo Handlers hit a new high of $75.05 on Friday while 11 m of its shares valued at $950 million traded. .

The junior market enjoyed heavy trading mainly as a result of the crossing of several large blocks of stocks in the market on Friday by two brokers. At the close 35,774,696 units, valued at $989,215,841 traded as 19 securities changed hands. Cargo Handlers with 11,324,264 units valued at $849,886,013 traded with a gain of $3.05 cents to close at a new 52 weeks’ high of $75.05.
The junior market closed with 2 new all-time highs on Friday with one closing at a 52 weeks’ low. Trading ended as 9 stocks rose while 6 declined, with the market index rising 10.49 points, to close at 2,250.28.
The 3 stocks trading at new highs on Friday are Cargo Handlers and Jetcon Corporation while Sweet River closed at a 52 weeks’ low. At the end of trading 2 stocks closed with bids higher than their last selling prices and 1 ended with a lower offer.
JM sum 19-8-16At the close, Access Financial Services traded 1,143 units but fell 25 cents to end at $16, AMG Packaging closed at $13.12 with 597,293 units changing hands, CAC 2000 closed with 813,386 units changing hands but gained 1 cent to $6.01, Caribbean Cream had,2,000 shares changing hands, to close at $7.35. Consolidated Bakeries traded 200,000 units to end at $2.45, General Accident gained 2 cents, in trading 745,396 units to close at $2.21, Honey Bun had 16,209 shares changing hands, to close with a loss of 10 cents at $5.50, Jamaican Teas traded 23,496 units and gained 5 cents to close at $3.85. Jetcon Corporation traded 30,000 shares and gained 10 cents to close at a new high of $3.20, KLE Group ended at $1.40 with 24,000 shares changing hands, after rising 10 cents, JM Trdng Sht 19-8-16Knutsford Express climbed $2 with 144,537 units changing hands to end at $22, Lasco Distributors ended with 8,392,560 shares changing hands but fell 1 cent to land at $7. Lasco Financial gained 8 cents while trading 11,721 units to close at $3.40, Lasco Manufacturing closed at $4.96 with 8,634,913 shares trading, after rising 15 cents, Medical Disposables traded 28,150, shares and fell 25 cents to close at $3.25, Paramount Trading ended with 78,663 shares changing hands at $14.50, Sweet River Abattoir with 4,664,000 units traded lost 2 cents to end at a 52 weeks’ low of $3.84 and tTech climbed 15 cents and ended at $4 with 42,965 units changing hands.

JSE trades over $1.36B in early session – Friday

Trading on the Jamaica stock exchange surged on Friday to more than $1.36 billion with stockbrokers, Victoria Mutual Wealth Management (VMW), crossing a series of stocks that dominated trading. By 10:45 am the market indices slipped slightly for the main market and rose moderately for juniors as 13 stocks gaining versus 8 that fell.
The main traded done by VMW are 10,156,665 National Commercial Bank shares at $41.22 in two lots on behalf of clients shortly after trading opened on the Jamaica Stock Market on Friday morning. JSE Intra - 19-08-16Other stocks crossed by VMW are CAC 2000 with 813,386 units at $6.01, JMMB Group with 9,170,806 units at $9.88, Portland JSX 10,000,000 units at $11.49 and Sagicor Group with 6,513,985 units at $21.97 and Sweet River Abattoir with 4,664,000 units at $3.84. Sterling Investments 2,668,905 units at $13.01, Others stocks crossed by VMW include Jamaica Public Service 9.5% preference share with 99,931 units at $1,247, Lasco Distributors 8,055,942 at $7.02, Lasco Manufacturing 7,592,810 shares at $4.94, Scotia Group with 8,528,008 units at $31.70 and Scotia Investments with 1,025,875 shares at $26.
At 10:45 am 30 securities traded, resulting in a volume of 71,959,810 shares changing hands. The large trades done VMW accounted for more than $850 million in the value of trading in the early morning session. The average number of shares traded amounts to 2,248,744 units compared to 37,167 units on Thursday.
The all Jamaica Composite Index fell 122.62 points to 180,511.47 the Jamaica Stock Exchange Market Index slipped 109.65 points to 162,451.12, the Jamaica Stock Exchange combined index lost 62.71 points to close at 173,704.85 and the junior market index rose 3.80 points to 2,243.59.

JSE jumps again on Thursday

Scotia Group dropped by $2.43 on the JSE on Thursday.

Scotia Group dropped by $2.43 on the JSE on Thursday.


The Jamaica Stock Exchange surged for the second straight day with all three main indices closing sharply higher at the end of trading on Thursday, even as Scotia Group fell back by $2.43 as well as National Commercial Bank and Sagicor Group by $1 each. Gains in Carib cement, Jamaica Broilers, Portland, Sagicor X Fund and Supreme Ventures offset the big losers.
At the close of the market prices of 17 securities gained out of a total of 40 securities that traded, with 16 declining in the overall market, including 6 stocks, rising and 6 falling in the junior market.
Trading closed with 9,321,811 units valued at $97,260,492 changing hands, in all market segments. The junior market accounted for 3,881,493 units, valued at $11,818,736 of all trades.
JSE Sum 18-08-16The JSE Market Index jumped 865.34 points to end at 162,560.77, the all Jamaica Composite Index climbed 967.74 points to close at 180,834.09 and the JSE combined index surged 898.41 points, to end at 173,767.56.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 12 stocks with bids higher than their last selling prices and just 1 with a lower offer.
At the end of market activities, Berger Paints traded 85,404 shares to end at $5, Cable & Wireless traded 211,098 shares and closed at $1.10 after falling 5 cents, Caribbean Cement climbed 75 cents in trading 7,400 shares to close at $26, Carreras rose 1 cent, in trading 141,600 shares to end at $66.01. The price of 1834 Investments declined by 10 cents to close at $1.30, in trading 96,436 shares, Grace Kennedy ended at $45 with 49,232 shares changing hands, Jamaica Broilers rose 49 cents with 3,000 shares changing hands, to end at $15, Jamaica Producers rose 5 cents to close at $8.25 with 885,713 units trading. Jamaica Stock Exchange had 12,000 units changing hands to close at $24, and record a gain in price of $2.50, JMMB Group traded 500,479 units to end with a loss of 1 cent at $9.86. Mayberry Investments lost 28 cents with 43,869 shares trading, to close at $3.82, JSE fn qts 18-08-16 National Commercial Bank had 179,619 units changing hands, to close at $41 after falling by $1.Pan Jamaican Investments shed 20 cents to close at $25 after trading 12,977 shares,Portland JSX traded 462,413 shares and rose 50 cents to end at $11.50, Pulse Investments traded 25,000 shares to close at $3.86, Radio Jamaica lost 4 cents in trading 292,253 shares to end at $1.66, Sagicor Group shed $1 with 1,027,275 shares changing hands at $21. Sagicor Real Estate Fund traded 350,000 shares and climbed 25 cents to close at $10.25, Scotia Group dropped $2.43 while trading 4,815 shares to end at $30, Seprod gained 10 cents to close at $19 with 320,579 shares changing hands. Supreme Ventures gained 29 cents and ended at $4.99, with 393,464 units changing hands and Jamaica Money Market Brokers Ltd 7.50% preference share, traded 324,092 units at $2.09.

3 new highs for juniors – Thursday

Blue Power hit a new high of $19.50 on Thursday.

Blue Power hit a new high of $19.50 on Thursday.

The junior market closed with 3 new all-time highs on Thursday but the market index rose moderately, with 15 securities changing hands. Trading ended with 3,881,493 units, valued at $11,818,736 changing hands as 6 stocks rose while 6 declined, with the market index rising 9.33 points, to close at 2,239.79.
The 3 stocks trading at new highs on Thursday are Blue Power, Jetcon Corporation and Paramount Trading while C2W Music traded at a 52 weeks’ low. At the end of trading 5 stocks closed with bids higher than their last selling prices and 1 ended with a lower offer.
JM sum 18-8-16At the close, AMG Packaging closed at $13.12 with 13,263 units changing hands, Blue Power jumped $2.40 and ended at a new all-time high of $19.50 with 7,000 units changing hands, Caribbean Cream rose 35 cents with 32,000 shares changing hands, to close at $7, Consolidated Bakeries lost 5 cents in trading 14,400 units to end at $2.45. C2W Music traded 10,000 shares and lost 4 cents to end at a 52 weeks’ low of 24 cents, Dolphin Cove traded 201,553 shares at $15.50, General Accident lost 1 cent in trading 426,436 units at $2.19, Honey Bun had 40,550 shares changing hands, to close at $5.60. JM Trdng Sht 18-8-16Jamaican Teas traded 4,269 units and gained 5 cents to close at $3.85, Jetcon Corporation traded 44,951 shares and gained 10 cents to close at $3.10, following the company’s six months’ results, Lasco Distributors ended with 1,419,722 shares changing hands and gained 1 cent to land at $7.01. Lasco Financial fell 8 cents while trading 21,000 units to close at $3.32, Lasco Manufacturing closed at $4.81 with 1,596,831 shares trading, after falling 16 cents, Paramount Trading jumped $2.40 to end with 13,650 shares changing hands at $14.50 and Derrimon Trading preference share lost 2 cents ended with 35,868 units changing hands to close at $2.08.

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