The Jamaica Stock Exchange indices declined moderately at the close on Friday, down sharply from the big gains on Thursday, as more stocks declined than gained. The JSE Market Index slipped 141.33 points to end at 159,770.09, the all Jamaica Composite Index fell 158.06 points to close at 177,513.15 and the JSE combined index fell 144.38 points, to end at 170,332.98.
The market closed another day of moderate trading, with 2,802,737 units valued at $23,002,742 changing hands, in all market segments. The junior market accounted for 1,509,505 units traded valued at $8,532,147, of all trades. A total of 31 securities traded, with the prices of 9 stocks rising, 15 declining, including 8 stocks rising and 6 declining from the junior market, as the main market continues to consolidate while waiting for fresh and important news to move out of the narrow trading range.
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.
At the end of market activities, Berger Paints traded 8,793 shares at $4.50, Cable & Wireless traded 320,300 shares but fell 2 cents to close at $1.11, Caribbean Cement traded 3,140 shares to close at $22.50, Carreras fell 50 cents in trading 2,000 shares at $64.50 at the close. 1834 Investments traded 496,750 shares after falling 14 cents to close at $1, Grace Kennedy dropped $2.01 to close at $120.49 with 16,697 units changing hands. Jamaica Broilers ended with 66,000 units changing hands with a rise of 1 cent to close at $15, JMMB Group traded 8,579 units to end at $10. Mayberry Investments lost 20 cents in trading only 100 units at $3.30, National Commercial Bank ended with 34,174 units changing hands but lost 20 cents to close at $41.80,
Pan Jamaican Investment Trust traded 32,730 shares to close at $23 after falling $2, Portland JSX ended with 15,700 shares changing hands and declined 10 cents to $12.90. Sagicor Group ended with 28,605 shares changing hands, but lost 40 cents to $23.10. Scotia Group lost 73 cents with 177,931 shares trading, to close at $30.07, Scotia Investments traded 12,900 shares to gain $1 and close at $26, Supreme Ventures traded 4,007 shares and gained 30 cents to end at $4.60 and Proven Investments ordinary shares traded 46,550 units at 17 US cents up from 16.95 US cents.
Caribbean Cream hits new high – Friday
The junior market index drifted down 1.29 points to end at 2,157.34 even as closed with 6 advancing and 2 declining while Caribbean Cream traded 125,720 shares with a gain of 60 cents, to close at a new all-time high of $6.65, in continued response to an 81 percent jump in profit to $71 million, for the May quarter.
At the close of the market on Friday, 1,509,505 units traded valued at $8,532,147 and ending with 11 securities being active. A total of 4 stocks closed with bids higher than their last selling prices and 3 ended with lower offers.
At the close, AMG Packaging fell 1 cent in trading 201,400 shares to close at $12.50. AMG reported slightly lower sales in the May quarter, compared with 2015 with it being slightly higher in the nine months to May, but reported profit of $15.9 million in the quarter versus $20.76 million in 2015 and $67.9 million for the nine months compared with $52.45 million, in the similar period in 2015. Blue Power ended at $16.18 with 9,000 units changing hands, Consolidated Bakeries gained 7 cents in trading 400,000 shares to close at $2.10. Dolphin Cove gained 25 cents to $12.75 with 25,377 shares changing hands, 
Honey Bun regained the 30 cents it lost on Thursday while trading 185,000 shares to close at $5.60, Iron Rock rose 20 cents in trading 139,156 shares and closed at $3.55. Knutsford Express had 2,110 units changing hands with a rise of 30 cents to close at $15, Lasco Distributors ended with 130,134 shares changing hands, but fell 16 cents close at $7.32, Lasco Financial ended with 41,389 shares changing hands at $3.35, Lasco Manufacturing closed at $5.01 with 250,219 shares trading.
JSE off to rousing start – Friday
Jamaica stocks started trading on Friday where they left off on Thursday with both the main market and the junior market indices rising. Caribbean Cream traded at a new high of $6.78 with 56,000 units as investors continue to respond to the company’s first quarter results.
The all Jamaica Composite Index jumped 1,506.48 points to 179,177.69, the Jamaica Stock 
Exchange Market Index gained 1,347.06 points to 161,258.48, the Jamaica Stock Exchange combined index climbed 1,499.13 point to close at 171,976.49 points andthe junior market index gained 19.20 points to 2,177.83.
Trading after 75 minutes of the market’s opening resulted in 23 securities changing hands, accounting for a volume of 1,330,966 shares with the average number of shares traded amounts to 63,379 units compared to an average of 45,559 units on Thursday. Trading has so far resulted in 10 stocks gaining and 6 declining as stocks trading over 100,000 units include Cable & Wireless that traded 167,000 at $1.12, Consolidated Bakeries traded 400,000 shares at $2.10, Honey Bun with 185,000 units traded at $5.60 and Lasco Manufacturing with 236,850 shares trading at $5.05. Scotia Group gained $1.10 while trading 18,490 shares at $31.90 while Pan Jamaican Investments lost $1 in trading 27,900 units at $24.
Juniors enjoy big jump – Thursday
Caribbean Cream climbed 55 cents in trading on Thursday to end at a new high of $6.05.
Caribbean Cream’s gain was in response to an 81 percent jump in profit to $71 million, for the May quarter, while that of Lasco Distributors, was a rebound from the sharp fall last week, of the stock reacting negatively to news to Pfizer’s suggestion, that the compensation for damages was put at US$518,000 instead of US$300 million claimed.
Activity increased on the junior market with more securities being active than on Wednesday. At the close of the market 422,443 units traded valued at $1,648,134, ending with 17 securities trading of which 8 advanced and 6 declined. At the end of trading, 4 stocks closed with bids higher than their last selling prices and 2 ended with lower offers.At the close, Blue Power gained 18 cents and ended at a 52 weeks’ high of $16.18, with 500 units changing hands, Caribbean Flavours traded 10,000 units to end at $6.75 with a loss of 25 cents, Caribbean Producers traded 9,120 units at $3.01, Consolidated Bakeries gained 3 cents in trading 22,350 shares to close at $2.03. Derrimon Trading gained 5 cents to end at $3.05 with 32,000 shares changing hands, General Accident traded 124,374 units at $2.05, Honey Bun fell 30 cents while trading 53,950 shares to close at $5.30, Jamaican Teas lost 4 cents in trading 6,761 shares and closed at $3.80.
Jetcon Corporation had 8,324 units changing hands with a loss of 5 cents at $2.65, Lasco Financial ended with 44,000 shares changing hands, but fell 5 cents to $3.35, Lasco Manufacturing gained 1 cent and closed at $5.01 with 68,023 shares trading. Medical Disposables traded 2,800 shares to close with a gain of 5 cents at $3.10, Paramount Trading fell by 50 cents to end with 10,158 shares changing hands at $10.50 and Eppley 9.5% preference share, ended with 6,200 units changing hands at $6.11.
JSE majors surged – Thursday
Grace Kennedy jumped $2.50 to close at $122.50 on Thursday .
The market closed another day of moderate trading, with 5,066,464 units valued at $183,411,832 changing hands, in all market segments. The junior market accounted for 422,443 units traded valued at $1,648,134, of all trades. A total of 39 securities traded, with the prices of 19 stocks rising, 10 declining, including 8 stocks rising and 6 declining from the junior market, as the main market continues to consolidate while waiting for fresh and important news to move out of the narrow trading range.
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, suggesting a day of more subdued gainers on Friday versus the numbers on Thursday.
At the end of market activities,
Berger Paints traded 504,496 shares at $4.50, Cable & Wireless traded 46,700 shares to close at $1.13, Caribbean Cement traded 1,000 shares and rose 50 cents to close at $22.50, Carreras fell 50 cents in trading 332,166 shares at $65 at the close. Ciboney traded 43,899 shares after falling 1 cent to close at 20 cents, Grace Kennedy jumped $2.50 to close at $122.50 with 767,291 units changing hands. Jamaica Broilers ended with 284,857 units changing hands with a rise of 15 cents to close at $14.99, Jamaica Producers traded 381,670 units and gained 90 cents to end at $7.50, Jamaica Stock Exchange traded 6,616 shares at $21.35 with a gain of 2 cents, Kingston Wharves traded 8,000 shares and rose by 99 cents to close at $15.99. Mayberry Investments traded 24,478 units at $3.50, 
National Commercial Bank ended with 117,095 units changing hands and rose $1 to $42. Pan Jamaican Investment Trust traded 1,211,217 shares to close at $25 after rising $1.05, Portland JSX ended with 172,701 shares changing hands and gained 25 cent at $13. Sagicor Group ended with 284,121 shares changing hands, to end with a rise of 45 cents at $23.50. Scotia Group climbed 78 cents with 407,100 shares trading, to close at $30.80, Seprod traded 11,330 shares and gained 50 cents to end at $17,Proven Investments ordinary shares traded 4,100 units at 16.95 US cents and Jamaica Money Market 7.5% preference share traded 23,000 units at $2.09.
More declines for JSE majors – Wednesday
Trading in Jamaica Stock Exchange resulted in more decline in the main market indices on Wednesday with the JSE Market Index dropping 771.47 points to end at 157,357.18. The all Jamaica Composite Index dived 862.77 points to close at 174,814.69 and the JSE combined index fell 309.19 points, to end at 167,339.18.
The market closed another day of moderate trading, with just 1,145,903 units valued at $13,391,660 changing hands, in all market segments. The junior market accounted for 209,776 shares trading with a value of $1,025,220, of all trades.
A total of 29 securities traded, with the prices of 8 stocks rising, 11 declining, including 4 stocks rising and 1 declining from the junior market as the main market continues to consolidate while waiting for fresh and 
important news to move out of the narrow trading range it’s been in for a while.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 17 stocks with bids higher than their last selling prices and 3 with lower offers, suggesting a day of increasing stocks over decliners on Thursday.
At the end of market activities, Cable & Wireless rose by 3 cents while trading 212,938 shares to close at $1.13, Caribbean Cement traded 31,891 shares and fell 10 cents to close at $22, Carreras fell 50 cents in trading 1,512 shares at $65.50 at the close. 1834 Investments traded 51,659 shares after falling 5 cents to close at $1.14, Grace Kennedy rose 5 cents to close at $120 with 14,439 units changing hands. Jamaica Broilers ended with 239,781 units changing hands with a rise of 50 cents to close at $15, Jamaica Producers traded 88,340 units and fell $1.10 to end at $7.50, Jamaica Stock Exchange traded 3,000 shares at $21.35 with a gain of 2 cents,
JMMB Group traded 24,479 shares but declined 13 cents to close at $9.72. National Commercial Bank ended with 26,150 units changing hands with the loss of $1 at $41. Pan Jamaican Investment Trust traded 28,025 shares to close at $23.95 after falling 5 cents, Portland JSX ended with 65,502 shares changing hands at a new closing high of $12.75. Radio Jamaica traded at $1.55 after 60,000 shares changed hands, with a loss of 4 cents, Sagicor Group ended with 3,700 shares changing hands, to end at $23.65. Scotia Group fell 4 cents with 51,362 shares trading, to close at $30.02 and Proven Investments ordinary shares traded 30,225 units at 16.95 US cents.
Juniors gain – Wednesday
The junior market closed with the market index closing higher by 39.61 points to end at 2,083.69 with just 209,776 shares trading with a value of $1,025,220 from 9 active securities with 4 advancing 1 declining. Trading is down from the 14 securities that traded, accounting for 724,885 units valued at $2,996,936, on Tuesday.
The junior market was recording strong gains in the market index with Lasco Distributors‘ price climbing 50 cents to $6.55 while trading 22,000 shares and Caribbean Cream (Kremi) trading 74,400 shares at $5.50 without a change to the Tuesday’s closing price but climbing based on the input into the index movement. Investors were responding to Kremi’s 81 percent jump in profit, to $71 million, for the May quarter.
At the end of trading, 7 stocks closed with bids higher than their last selling prices and 2 ended with lower offers.
At the close, AMG Packaging ended at $12.51 with 5,051 units changing hands, General Accident traded 1,987 units at $2.05, Honey Bun gained 5 cents while trading 28,826 shares to close at $5.60, Iron Rock Insurance gained 15 cents in trading 49,100 shares and closed at $3.35. Jetcon Corporation had 43,056 units changing hands at $2.70, Key Insurance closed with 1,000 units changing hands at $2.65, after rising by 5 cents, Lasco Financial ended with 24,200 shares changing hands, at $3.40, after gaining 2 cents and Lasco Manufacturing closed at $5 with 9,256 shares trading and fell 1 cent.
JSE off rocky start – Wednesday
Jamaica stocks started trading on Wednesday with a rocky start with the main market indices continuing to make sharp declines, while the junior market jumped, with Lasco Distributors price climbing to $6.55 from $6.05 and Caribbean Cream trading at $5.50, 
as investors respond to the company’s first quarter results, with an increase of 81 percent in profits.
The all Jamaica Composite Index dropped 1,216.89 points to 174,460.57, the Jamaica Stock Exchange Market Index dived 1,088.11 points to 157,040.54, the Jamaica Stock Exchange combined index declined 572.41 point to close at 167,075.96 points andthe junior market index gained 42.58 points to 2,086.66.
The session had low volumes trading overall after 75 minutes of the market’s opening resulting in 24 securities changing hands, accounting for a volume of just 418,777 shares 5 stocks gained and 12 declined, including a fall of 95 cents in Grace Kennedy, 80 cents in Jamaica Producers, $1.40 fall in National Commercial Bank and $2.80 in Scotia Investments price. The average number of shares traded amounts to 17,449 units.
Tuesday’s report which was unavoidable absent due to technical issues.
Juniors closed mixed – Tuesday
Caribbean Cream climbed 40 cents in trading on Tuesday to end at $5.50.
At the end of trading, 7 stocks closed with bids higher than their last selling prices and 2 ended with lower offers.
At the close, AMG Packaging rose 10 cents to end at $12.51 with 100 units changing hands,
CAC 2000 ended with 1,940 shares but lost 10 cents to close at $6.40, Caribbean Cream gained 40 cents with 153,892 shares up from 153,892 units on Monday changing hands to close at $5.50. The company reported a rise of 9 percent in sales to $316 million for the May quarter and a jump of 81 percent in profit to $71 million or earnings per share of 19 cents. Consolidated Bakeries fell 10 cents in trading 71,559 shares to close at $2, Derrimon Trading closed at $3 with 133,163 shares changing hands, General Accident 
lost 10 cents in trading 38,006 units at $2.05, Honey Bun traded 89,130 shares and lost 5 cents to close at $5.55. Iron Rock Insurance gained 15 cents in trading 49,100 shares and closed at $3.35. KLE fell 5 cents with 9,451 units changing hands at $1.15, Knutsford Express traded 3,336 units changing hands at $14.70, Lasco Distributors traded 2,586 units and rose 5 cents to end at $6.05. Lasco Financial ended with 30,000 shares changing hands, at $3.38, after gaining 23 cents, Lasco Manufacturing closed at $5.01 with 39,074 shares trading and rose 1 cent in the process and Medical Disposables traded 12,232 shares to close with a loss of 40 cents at $3.05.The volumes for the highest closing bids and lowest offers were not available for publication.
JSE majors suffer big losses – Tuesday
Jamaica Producers traded on Tuesday at new 52 weeks’ high.
The market closed another day of moderate trading, with just 3,350,232 units valued at $30,238,950 changing hands, in all market segments. The junior market accounted for 724,885 shares trading with a value of $2,996,936, of all trades.
A total of 38 securities traded, with the prices of 11 stocks rising, 16 declining, including 6 stocks rising and 6 declining from the junior market as the market continues to consolidate while waiting for fresh and important news to move the market out of the narrow range its been traded.
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 6 with lower offers.
At the end of market activities, Berger Paints traded 107,426 units to close at $4.50, Cable & Wireless lost by 3 cents while trading 751,041 shares to close at $1.10, Caribbean Cement traded 37,682 shares and fell 10 cents to close at $22.10, Carreras dropped 45 cents in trading 5,832 shares to close at $66. Ciboney closed at 21 cents close at 21 cents with 102,534 units, Grace Kennedy gained 45 cents to close at $119.95 with 51,096 units changing hands.
Jamaica Broilers ended with 218,848 units changing hands with a loss of 40 cents to close at $14.50, Jamaica Producers closed at a 52 weeks’ high $8.60 with a rise of 65 cents with 19,348 shares traded. Jamaica Stock Exchange traded 10,000 shares at $21.35, JMMB Group traded 20,333 units and gained 13 cents to end at $9.85, with Kingston Wharves trading 39,567 units at $15 with a fall of $1.35, after trading as high as $16.30, National Commercial Bank ended with 142,306 units changing hands at $42. Pan Jamaican Investment Trust traded 7,695 shares to close at $24 after falling 30 cents, Portland JSX fell 74 cents and ended with 108,852 shares changing hands at a new closing high of $12.75. Pulse Investments traded 30,000 shares with a rise of 5 cents to end at $2.55, Sagicor Group ended with 47,036 shares changing hands, the price dropped 60 cents to end at $23.05. Scotia Group lost 15 cents with 43,100 shares trading, to close at $30.06, Scotia Investments climbed $1.80 and ended with 94,054 shares trading, to close at $27.80, Proven Investments accounted for 43,335 units to end at 17 US cents and JMMB 7.50% preference share accounted for 732,325 at $1.05.
