Trading on Jamaica Stock Exchange the pulled back when trading ended on Friday to 4,761,651 shares valued at $85,619,819, in contrast with 5,854,377 shares valued at $100,038,878 trading on Thursday.
Market activity closed with 25 securities changing hands, leading to the prices of 6 stocks rising, 10 declining and 9 trading firm.
At the close of the market the JSE All Jamaican Composite Index increased by 309.91 points to 315,465.77 and the JSE Index advanced by 282.36 points to 287,424.99.
In main market activity, Berger Paints closed at $17.35, with 834 shares changing hands, Cable & Wireless ended at $1.35, with 1,181,313 stock units, Carreras concluded trading with a loss of 2 cents at $11.15, with 24,490 units, 
Caribbean Cement finished with a loss of $1 at $33.50, with 250 shares, Grace Kennedy ended trading with a loss of 50 cents at $43, with 270,534 shares. Jamaica Broilers traded 50 cents higher at $18.40, with 50,332 stock units, Jamaica Producers finished trading with a loss of $1 at $16, with 249,118 units, Jamaica Stock Exchange closed at $6.50, with 7,160 shares, JMMB Group ended with a loss of 50 cents at $24.50, with 794,325 shares. Kingston Wharves finished at $34, with 486 stock units, Mayberry Investments settled with a loss of 20 cents at $5.80, with 83,551 units, NCB Financial Group ended trading with a loss of 60 cents at $100, with 78,413 shares, 1834 Investments traded at $1.30, with 33,568 shares. PanJam Investment closed 50 cents higher at $40, with 75,105 stock units, Pulse Investments concluded trading at $1.80, with 18,100 shares, Radio Jamaica finished at $1.05, with 33,883 shares, 
Sagicor Group settled with a loss of 75 cents at $35.25, with 76,055 shares. Sagicor Real Estate Fund settled at $14.50, with 10,181 shares Salada Foods ended trading at $10.50, with 49,471 stock units, Scotia Group traded 50 cents higher at $53.50, with 429,195 units, Seprod finished trading 50 cents higher at $34, with 9,415 shares, Sterling Investments closed with a loss of $1.90 at 52 weeks’ low of $11.10, with 500 shares. Supreme Ventures ended with a loss of 44 cents at $11.56, with 22,220 shares, Victoria Mutual Investments concluded trading 7 cents higher at $4.20, with 585,229 stock units and Wisynco Group finished 44 cents higher at $10.75, with 677,923 units trading.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE main market in moderate gain – Friday.”
Elite IPO fully subscribed
Elite Diagnostics could be in the Junior Market TOP 10 by the end of 2018.
Word reaching IC Insider.com from usually reliable sources, is that the much delayed Initial Public Offer for Elite Diagnostics was oversubscribed before the revised prospectus was posted on the Jamaica Stock Exchange on Monday.
The company is issuing just over 70 million shares at a price of $2 each and a PE ratio around 9 times estimated 2018 earnings and just under 6 times 2019 estimated earnings. The shares were to have officially opened on Monday January 22, but was put off until Wednesday 24, following amendment to include depreciation that was omitted from interim results to September, and then was pulled to correct errors in the interim results balance sheet and cash flow statement. The issue will now officially open on Monday February 5 and is expected to list on the Junior Market of the stock exchange that will see profit being tax free for 5 years and at half the regular rate for the second 5 years. Brokers for the issue are NCB Capital Markets and Sagicor Investments.
Trading volume falls on JSE – Thursday
Wisynco, producers of Wata, traded 1.5 million shares on Thursday.
Market activity closed with 23 securities changing hands, leading to the prices of 11 stocks rising, 7 declining and 5 trading firm.
At the close of the market the JSE All Jamaican Composite Index fell by 791.51 points to 315,155.86 and the JSE Index declined by 721.16 points to 287,142.63.
In main market activity, Berger Paints closed at $17.35, with 8,986 shares, Cable & Wireless concluded trading with a loss of 1 cent at $1.35, with 10,843 units, Carreras finished 17 cents higher at $11.17, with 750,303 shares, Grace Kennedy traded 40 cents higher at $43.50, with 65,011 stock units, Jamaica Broilers finished trading with a loss of 11 cents at $17.90, with 15,579 units. Jamaica Producers closed 10 cents higher at $17, with 4,373 shares,
JMMB Group ended trading at $25, with 1,540,700 shares, Kingston Wharves settled 50 cents higher at $34, with 28,000 units, Mayberry Investments ended trading 1 cent higher at $6, with 19,473 shares. NCB Financial Group traded with a loss of 24 cents at $100.60, with 131,321 shares, 138 Student Living ended at $6.15, with 100 shares, PanJam Investment ended with a loss of 1.50 cents at $39.50, with 6,142 units, Pulse Investments finished at $1.80, with 5,766 shares, Radio Jamaica settled with a loss of 2 cents at $1.05, with 26,107 shares. Sagicor Group ended trading 40 cents higher at $36, with 16,220 stock units, Sagicor Real Estate Fund ended trading 49 cents higher at $14.50, with 1,071,797 shares, 
Scotia Group finished trading 1 cent higher at $53, with 21,044 shares, Seprod closed $3.50 higher at $33.50, with 879 shares trading, Supreme Ventures concluded trading 2 cents higher at $12, with 133,955 stock units. Victoria Mutual Investments finished 3 cents higher at $4.13, with 231,077 units, Wisynco Group settled with a loss of 1.68 cents at $10.31, with 1,495,101 shares In the main market preference segment, JMMB Group closed with a loss of 2 cents at $1.15, with 271,400 shares and Proven Investments settled at $5.90, with 200 units.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE Main market lost ground – Thursday.”
JSE main market lost ground – Thursday
JMMB Group had most shares trading on Thursday.
Main and US market activities ended with 10 stocks rising, 11 declining and 6 trading firm as 24 securities traded, versus 29 on Wednesday, including 1 from the US market.
Main market activity ended with 5,854,377 shares valued at $100,038,878 trading, in contrast with 17,559,021 shares valued at $97,721,084 on Wednesday.
The US market traded 39,500 units with a value of US$9,085 with the JSE US Equities Index gained 2.24 points to end at 174.33. Trading ended with Proven Investments exchanging 39,500 ordinary shares, at 22.5 US cents.
Market activity ended with an average of 254,538 units valued at an average of $4,349,516 for each security traded, in contrast to 650,334 units for an average of $3,619,299 on Wednesday.
January closed with average of 239,900 units valued at $5,158,193 for each security traded.IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 9 stocks ended with bids higher than their last selling prices and 2 with lower offers.
Major price changes at the close of the market are, PanJam Investment lost $1.50 and Seprod jumped $3.50. The volume traded was dominated by JMMB Group that closed with 1,540,700 shares, Sagicor Real Estate Fund with 1,071,797 units and Wisynco Group trading 1,495,101 units and fell $1.68.
For more details of market activities see – Trading volume falls on JSE – Thursday.
Big surge in JSE Main market – Wednesday
The Main Market of the Jamaica Stock Exchange ended January with strong gains in the market indices, with JSE All Jamaican Composite Index jumping 2,844.76 points to 315,947.37 and the JSE Index climbing 2,591.90 points to 287,863.79, marginally down for the year to date.
Main and US market activities ended with 9 stocks rising, 10 declining and 10 trading firm as 29 securities traded, versus 31 on Wednesday, including 2 from the US market.
Main market activity surged to 17,559,021 shares valued at $97,721,084 with just two stocks accounting for 88 percent of the volume. In contrast with 4,096,473 shares valued at $78,829,626 traded on Wednesday.
The US market traded 9,262 units with a value of US$29,441 with the JSE US Equities Index declining 2.23 points to end at 172.09 for a 3.6 percent rise from the 2017 close. Trading in this market ended with Productivity Business closing at 55 US cents with 25,294 shares and Proven Investments trading 68,968 ordinary shares, to close with a loss of 0.5 cents at 22.5 US cents.
Market activity ended with an average of 650,334 shares valued at $3,619,299, in contrast to 146,303 shares valued at $2,815,344 on Tuesday. The average volume and value for the month to date amounts to 239,900 units valued at $5,158,193 and previously 220,146 units valued at $5,239,823. December closed with average of 686,156 units valued at an average of $8,654,832 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 10 stocks ended with bids higher than their last selling prices and 2 with a lower offer.
Major price changes at the close of the market are, Caribbean Cement gained $1.50 and JMMB Group climbed $1. The volume traded was dominated by Cable & Wireless with an exchange of 11,351,768 shares and Wisynco Group trading 4,146,449 units.
For more details of market activities see – C&W and Wisynco in big trades on JSE .
C&W and Wisynco in big trades on JSE
Cable & Wireless with an exchange of 11,351,768 shares and Wisynco Group trading 4,146,449 units dominated trading with 88 percent of volume on the main market on Wednesday.
Market activity closed with 27 securities changing hands, leading to 17,559,021 shares valued at $97,721,084 changing hands. At the close the prices of 8 stocks rose, 10 declined and 9 traded firm.
At the close of the market the JSE All Jamaican Composite Index jumped 2,844.76 points to 315,947.37 and the JSE Index surged 2,591.90 points to 287,863.79.
In main market activity, Barita Investments ended with a loss of 50 cents at $7.50, with 100 stock units, Berger Paints closed with a loss of 15 cents at $17.35, with 143,691 shares, Cable & Wireless concluded trading at $1.36, with 11,351,768 units, Carreras finished with a loss of 25 cents at $11, with 799,248 shares, Caribbean Cement settled $1.50 higher at $34.50, with 26,394 shares. Grace Kennedy traded at $43.10, with 7,210 stock units, Jamaica Broilers finished trading 51 cents higher at $18.01, with 27,100 units, Jamaica Producers closed 40 cents higher at $16.90, with 17,262 shares, Jamaica Stock Exchange ended with a loss of 50 cents at $6.50, with 86,312 shares. JMMB Group concluded trading $1 higher at $25, with 107,680 shares, Kingston Wharves settled at $33.50, with 24,000 units, Mayberry Investments ended trading with a loss of 1 cent at $5.99, with 1,270 shares, NCB Financial Group traded with a loss of 1 cent at $100.84, with 99,261 shares. 1834 Investments finished trading 10 cents higher at $1.30, with 11,877 shares, Pulse Investments ended with a loss of 19 cents at $1.80, with 30,876 shares, Radio Jamaica settled 2 cents higher at $1.07, with 17,435 shares, Sagicor Group ended trading with a loss of 40 cents at $35.60, with 126,082 stock units. Sagicor Real Estate Fund ended trading with a loss of 49 cents at $14.01, with 19,627 shares, 
Salada Foods traded with a loss of 50 cents at $10.50, with 1,355 units, Scotia Group finished trading 4 cents higher at $52.99, with 35,488 shares, Supreme Ventures concluded trading 28 cents higher at $11.98, with 92,495 stock units, Victoria Mutual Investments finished at $4.10, with 215,060 units and Wisynco Group gained 54 cents to $11.99, with 4,146,449 shares. In the main market preference segment, Jamaica Money Market 7.5% traded at $2, with 160,230 stock units, JMMB Group 7.5% closed at $1.17, with 9,651 shares, 138 Student Living ended at $6.15, with 1,000 shares, Proven Investments climbed 85 cents to a 52 weeks’ high of $5.90, with 100 units traded.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “Big surge in JSE Main market – Wednesday.”
Several JSE prices up ahead of month end
Trading activity on the main market ended on Monday as 28 securities changed hands, leading to 4,096,473 shares valued at $78,829,626 changing hands, with the prices of 16 stocks rising, 3 declining and 9 trading firm.
At the close of the market the JSE All Jamaican Composite Index rose 927.49 points to 313,102.61 and the JSE Index advanced by 845.05 points to 285,271.89.
In main market activity, Barita Investments ended at $8, with 108 stock units, Berger Paints closed at $17.50, with 407,139 shares, Cable & Wireless concluded trading 1 cent higher at $1.36, with 18,175 units, Carreras finished with a loss of 4 cents at $11.25, with 147,989 shares, Caribbean Cement settled 50 cents higher at $33, with 1,936 shares. Ciboney Group ended trading at 22 cents, with 167,535 shares, Grace Kennedy traded 60 cents higher at $43.10, with 61,812 stock units, 
Jamaica Broilers finished trading with a loss of $1 to $17.50, with 18,019 units, Jamaica Producers closed $1.50 higher at $16.50, with 16,403 shares. Jamaica Stock Exchange ended 35 cents higher at $7, with 33,400 shares, JMMB Group concluded trading at $24, with 824,485 shares, Kingston Wharves settled 50 cents higher at $33.50, with 6,556 units, Mayberry Investments ended trading 15 cents higher at $6, with 56,902 shares. NCB Financial Group traded at $100.85, with 118,542 shares, 1834 Investments finished trading at $1.20, with 32,027 shares, 138 Student Living ended 15 cents higher at $6.15, with 300 shares, PanJam Investment ended 50 cents higher at $41, with 37,100 units, Pulse Investments finished with a loss of 1 cent at $1.99, with 4,400 shares. Radio Jamaica settled at $1.05, with 28,454 shares, Sagicor Group ended trading 80 cents higher at $36, with 20,854 stock units, 
Salada Foods traded with a loss of $1.55 at $11, with 500 units, Scotia Group jumped $2.90 to close at $52.95, with 250,531 shares. Seprod closed 50 cents higher at $30, with 48,496 shares, Sterling Investments ended at $13, with 3,942 shares, Supreme Ventures concluded trading 20 cents higher at $11.70, with 83,345 stock units, Victoria Mutual Investments finished 9 cents higher at $4.10, with 308,773 units. Wisynco Group settled $1.00 higher at $11.45, with 1,249,530 shares and Sagicor Real Estate Fund ended trading 50 cents higher at $14.50, with 149,220 shares.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “Main market trading picks up with 17 gains.”
Main market trading picks up with 17 gains
Wisynco traded the most shares on the JSE on Tuesday
Trading on the Main Market of the Jamaica Stock Exchange ended on Tuesday with JSE All Jamaican Composite Index gained 927.49 points to 313,102.61 and the JSE Index advanced by 845.05 points to 285,271.89.
Main and US market activities ended with 17 stocks rising, 5 declining and 9 trading firm as 31 securities traded, versus 26 on Monday, including 3 from the US market.
Main market activity increased with 4,096,473 shares valued at $78,829,626 traded, in contrast with 3,323,821 shares valued at $32,670,539 on Monday.
The US market traded 35,129 units with a value of US$7,605 with the JSE US Equities Index declining 1.18 points to end at 174.32. Trading in this market ended with Margaritaville closing at 22 US cents with 4,100 units after shedding 3 cents, Proven Investments trading 27,087 ordinary shares, to close with a gain of 2 cents at 23 US cents and Sterling Investments closing with a loss of 2 US cents and ended at 12 US cents with 3,942 shares.
Market activity ended with an average of 146,303 shares valued at $$2,815,344, in contrast to 132,953 shares valued at $1,306,822 on Monday. The average volume and value for the month to date amounts to 220,146 units valued at $5,239,823 and previously 224,025 units valued at $5,115,100. December closed with average of 686,156 units valued at an average of $8,654,832 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 12 stocks ended with bids higher than their last selling prices and 2 with a lower offer.
Major price changes at the close of the market are, Jamaica Broilers finished trading with a loss of $1, Jamaica Producers lost $1.50, Salada Foods traded with a loss of $1.55 and Scotia Group jumped $2.90. The volume traded was dominated by JMMB Group concluded trading at $24, with 824,485 shares and Wisynco Group with 1,249,530 shares with the price jumping $1.
For more details of market activities see – Several JSE prices up ahead of month end.
JSE main market slipped on Monday
Victoria Mutual Investments traded more than 1 million shares to lead the market on Monday.
Trading on the Main Market of the Jamaica Stock Exchange, ended on Monday with JSE All Jamaican Composite Index slipping just 36.79 points to 312,175.12 and the JSE Index inched 33.52 points lower to 284,426.84, even as declining stocks beat out those rising by a decent margin.
Main and US market activities ended with 7 stocks rising, 12 declining and 7 trading firm as 26 securities traded, the number as on Friday, including 1 from the US market.
Main market activity ended with slightly more volume than on Thursday with 3,323,821 shares valued at $32,670,539 traded, in contrast to with 2,638,664 shares valued at $47,864,816 on Friday.
Trading in the US dollar market ended with Proven Investments trading 6,490 ordinary shares with a value of US$1487, to close with a loss of 2 cents at 21 US cents. The JSE US Equities Index declined 0.42 points to end at 172.50.
Market activity ended with 132,953 units for an average of $1,306,822 in contrast to 105,547 units for an average of $1,914,593 on Friday. The average volume and value for the month to date amounts to 224,025 units valued at $5,115,100 and previously 228,507 units valued at $5,313,035. 
December closed with average of 686,156 units valued at an average of $8,654,832 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and 3 with a lower offer.
Major price changes at the close of the market are, Jamaica Producers lost $1 the second day running to end at $15, JMMB Group lost $1 to end at $24, NCB Financial regained the 85 cents it lost on Friday to end at $100.85 and Scotia Group fell 95 cents to $50.05. The volume traded was dominated by the two newest listings on the market, Victoria Mutual Investments finishing with 1,225,416 units at $4.01 and Wisynco Group closed at $10.45, with 900,281 shares.
For more details of market activities see – Trading on JSE’s main market sinks – Monday.
Trading on JSE’s main market sinks – Monday
Trading activity on the main market ended on Monday as 25 securities changed hands, leading to 3,323,821 shares valued at $32,670,539 changing hands, with the prices of 7 stocks rising, 11 declining and 7 trading firm.
At the close of the market the JSE All Jamaican Composite Index dipped 36.79 points to 312,175.12 and the JSE Index lost 33.52 points to 284,426.84.
In main market activity, Barita Investments ended at $8, with 1,774 stock units, Cable & Wireless concluded trading at $1.35, with 22,165 units, Carreras finished with a loss of 1 cent at $11.29, with 47,138 shares, Caribbean Cement settled with a loss of 10 cents at $32.50, with 4,300 shares, Ciboney Group ended trading at 22 cents, with 800 shares. Grace Kennedy traded with a loss of 60 cents at $42.50, with 15,000 stock units, Jamaica Broilers finished trading 50 cents higher at $18.50, with 15,969 units, Jamaica Producers closed with a loss of $1 for the second day in a row, to close at $15, with 3,000 shares, Jamaica Stock Exchange ended with a loss of 35 cents at $6.65, with 8,489 shares. JMMB Group concluded trading with a loss of $1 at $24, with 12,937 shares, Kingston Wharves settled with a loss of 50 cents at $33, with 2,685 units, Mayberry Investments ended trading 10 cents higher at $5.85, with 419,093 shares, NCB Financial Group traded 85 cents higher at $100.85, with 88,617 shares. 1834 Investments finished trading at $1.20, with 11,700 shares, PanJam Investment ended 50 cents higher at $40.50, with 2,405 units, Portland JSX concluded trading at $11, with 814 shares, Pulse Investments finished 5 cents higher at $2, with 214,000 shares. Radio Jamaica settled with a loss of 5 cents at $1.05, with 18,744 shares, 
Sagicor Group ended trading at $35.20, with 7,022 stock units, Sagicor Real Estate Fund ended trading with a loss of 20 cents at $14, with 42,280 shares. Salada Foods traded 5 cents higher at $12.55, with 100 units, Scotia Group finished trading with a loss of 95 cents at $50.05, with 4,487 shares. Supreme Ventures concluded trading at $11.50, with 254,605 stock units, Victoria Mutual Investments finished with a loss of 11 cents at $4.01, with 1,225,416 units and Wisynco Group settled 25 cents higher at $10.45, with 900,281 shares.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE main market slipped – Monday.”