Data going back 30 years show that on only very rare occasions more than 2 stocks appear in the TOP for two consecutive years. 2017 is one such exception with 3 stocks doing so.
Pulse Investments retains the number 1 best performing main market stock position in 2017 with a gain of 256 percent, the stock also was also in the TOP 10 in 2016 at number 1 position for local stocks with gains, then of 350 percent. Berger Paints ended at the number 6 best performing stock in 2016 with gains of 200 percent and repeated in the 2017 TOP 10 with a rise of 196 percent, for the 2017 number 2 spot. Palace Amusement ended at 7 position in 2016 with a rise of 134 percent and rose 187 percent in 2017 to hold down the number 3 spot and is followed by Supreme Ventures at number 4.
The stocks from the 2017 top 10 that could repeat in 2018 include Berger Paints, Palace and Pulse, with JMMB Group looking to have a chance.
Pulse no 1 stock in 2016 & 2017
JSE Main Market gains 50% for 2017
Trading on the Jamaica Stock Exchange ended with the All Jamaican Composite Index jumping 4,310.37 points to close at 316,516.11 for a gain of 50.6 percent for the year and the JSE Index advancing by 3,927.24 points to 288,381.97 ending 2017 with a rise of 50 percent.
Trading on the Main Market ended on Friday with 26 securities changing hands, 11 advanced, 4 declined and 11 traded firm resulting in 10,210,190 units valued at $125,309,363 trading, compared to 4,648,646 units valued at $69,664,482 from 22 securities changing hands on Thursday.
The exchange latest listing, Victoria Mutual Investments, traded on the main market on Friday and closed at $3.24 for a gain of 32 percent from its IPO price of $2.45, after trading as high as $4. Previously listed Wisynco traded 5 million shares and closed at $11.99 after hitting an all-time high of $13.80 during the day.
Trading ended with an average of 392,700 units for an average of $4,819,591 in contrast to 211,302 units for an average of $3,166,567 on Thursday. The average volume and value for the month to date amounts to 686,156 units valued at an average of $8,654,832 and previously 701,126 units valued at an average of $8,851,977. In contrast, November closed with average of 349,084 units at an average of $5,801,440 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 15 stocks ended with bids higher than their last selling prices and 3 with lower offers.
Traded in the US dollar market ended with Productivity Business Solutions trading 65,374 shares and closed 57.5 US cents after rising 0.50 cent and Proven Investments US ordinary share gained 2 US cents with 3,400 units changing hands to end at 21 US cents, the total value of trading amounted to US$38,138 with the JSE USD Equities Index closing 6.84 points higher at 166.17.
The major movers at the close of the market are, JMMB Group traded 1.26 million shares and rose by $2 to $25, NCB Financial climbed $1.50 to $100, Sagicor Group jumping by $2.24 to $37.99, Scotia Group surged $3.75 to $53.85 and Wisynco traded 5 million shares and rose $1.90 to $11.99. Cable & Wireless traded with a gain of 15 cents to end at $1.25 before news officially broke that the majority owners were making an offer of $1.45 for each minority share.
For more details of market activities see – “VM Investments up 32% on first trading day.”
VM Investments up 32% first trading day
VM Investments gained 32% to end at $3.24 on Friday
The latest listing on the Main Market of the Jamaica Stock Exchange, Victoria Mutual Investments, traded after listing on Friday and closed at $3.24 for a gain of 32 percent from its IPO price, after trading as high as $4 while trading 782,853 shares.
Wisynco that listed on Thursday, closed at $11.99 on heavy trading to gain 52 percent since the public issue in December.
The Main Market of the Jamaica Stock Exchange concluded trading on Friday with 26 securities changing hands, 11 advanced, 4 declined and 11 traded firm with 10,210,190 units valued at $125,309,363.
Trading ended with the All Jamaican Composite Index surging 4,310.37 points to 316,516.11 for a gain of 50.6 percent for the year and the JSE Index jumping by 3,927.24 points to 288,381.97, ending 2017 with a rise of 50 percent versus 22 securities trading on Thursday.
In main market activity, Barita Investments concluded trading with a loss of 45 cents at $7.50, with 11,075 units, Berger Paints finished 4 cents higher at $16.55, with 12,000 shares, Cable & Wireless settled 15 cents higher at $1.25, with 918,469 shares, Caribbean Cement ended trading at $32.50, with 12,000 stock units, Carreras traded at $11.40, with 82,669 units. Grace Kennedy closed 75 cents higher at $43.75, with 118,915 shares, Jamaica Broilers ended with a loss of 30 cents at $17.70, with 13,300 stock units, JMMB Group ended trading $2 higher at $25, with 1,255,076 stock units, Jamaica Producers concluded trading at $16.70, with 104,033 units, Jamaica Stock Exchange finished 5 cents higher at $7.05, with 49,297 shares. Kingston Wharves ended trading at $32.50, with 9,204 stock units, Mayberry Investments traded at $6, with 89,353 units, NCB Financial finished trading $1.50 higher at $100, with 38,507 shares, PanJam Investment ended with a loss of 5 cents at $44.75, with 15,429 stock units. 
Radio Jamaica settled at $1.05, with 185,174 shares, Sagicor Group ended trading 1 cent higher at $38, with 136,913 stock units, Sagicor Real Estate Fund traded at $15, with 8,817 units, Salada Foods finished trading with a loss of 25 cents at $11.25, with 32,049 shares. Scotia Group closed $3.75 higher at $53.85, with 76,440 shares, Sterling Investments gained $1 and closed at $13, with 7,470 shares, Supreme Ventures ended trading at $11.50, with 515,544 stock units and Wisynco Group traded $1.90 higher to end at a closing record high of $11.99, with 5,090,376 units. In the main market preference segment, Jamaica Money Market Brokers 7.5% traded 550,000 units at $1.90, JMMB Group 7.5% traded 94,000 units at $1.15 and Proven Investments 8.25% ended with 1,227 units trading at $5.90.
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 gains 50% for 2017.”
Wisynco jumps 28% to $10.09
Producers of Wata -Wisynco listed on Thursday
Wisynco shares were listed on the Main Market of the Jamaica Stock Exchange on Thursday, with the price rising $2.22 to end at $10.09 while trading 2,925,359 shares, after it pulled in $18 billion from its IPO with 7,382 new shareholders.
At the close of trading on Thursday, the prices of 8 stocks advanced, 4 declined and 10 traded firm with 4,648,646 units valued at $69,664,482.
Trading ended with the All Jamaican Composite Index jumping 2,370.07 points to 312,205.74 and the JSE Index climbing 2,159.40 points to 284,454.73 with 22 securities changing hands versus 21 securities trading on Wednesday.
In the main market activity, Berger Paints finished 1 cent higher at $16.51, with 2,200 shares trading, Cable & Wireless settled 5 cents higher at $1.10, with 104,781 shares, 
Caribbean Cement ended trading 99 cents higher at $32.50, with 111,545 stock units, Carreras traded at $11.40, with 65,754 units, Grace Kennedy closed at $43, with 139,950 shares. Jamaica Broilers ended at $18, with 20,988 stock units, Jamaica Producers concluded trading at $16.70, with 19,010 units, Jamaica Stock Exchange finished at $7, with 64,203 shares, JMMB Group settled with a loss of 1 cent at $23, with 404,504 shares. JMMB Group ended trading with a loss of $1 at $23, with 404,504 stock units, Kingston Wharves finished trading at $32.50, with 215 shares, Mayberry Investments closed at $6, with 250,000 shares, NCB Financial ended with a loss of 50 cents at $98.50, with 122,721 stock units. PanJam Investment finished at $44.80, with 12,141 shares, Pulse Investments ended trading at $1.80, with 16,992 stock units, 
Sagicor Group finished trading $2.24 higher at $37.99, with 43,400 shares, Sagicor Real Estate Fund closed at $15, with 2,000 shares. Salada Foods ended $1 higher at a 52 weeks’ high of $11.50, with 102,000 stock units, Scotia Group concluded trading with a loss of $1.90 at $50.10, with 43,810 units and Supreme Ventures ended trading 80 cents higher at $11.50, with 15,000 stock units. In the main market preference segment, JMMB Group 7.5% traded 133,300 units at $1.15 and Proven Investments 8.25% ended with 48,773 units trading with a rise of 60 cents at $5.90.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE market indices in sharp upturn.”
JSE market indices in sharp upturn
Trading on the Main Market of the Jamaica Stock Exchange ended with the All Jamaican Composite Index jumping 2,370.07 points to 312,205.74 and the JSE Index climbing 2,159.40 points to 284,454.73 with 22 securities changing hands, versus 21 Securities on Wednesday.
Wisynco shares were listed on the Exchange on Thursday with the price rising $2.22 to end at $10.09 while trading 2,925,359 shares.
At the close of trading, the prices of 8 stocks advanced, 3 declined and 11 traded firm with 4,648,646 units valued at $69,664,482 compared to 18,689,826 units valued at $192,233,164 on Wednesday.
Trading ended with an average of 211,302 units for an average of $3,166,567 in contrast to 50,618 units for an average of $856,086 on Wednesday.
The average volume and value for the month to date amounts to 701,126 units valued at an average of $8,851,977 and previously 730,183 units valued at an average of $9,191,043. In contrast, November closed with average of 349,084 units at an average of $5,801,440 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 5 with lower offers.
Trading in the US dollar market, ended with Productivity Business Solutions exchanging 12,900 shares and rose 2 US cents to 57 US cents and Proven Investments US ordinary share losing 1 US cent with 3,653 units changing hands at 19 US cents, the total value of trading amounted to US$7,948 with the JSE USD Equities Index closing 6.11 points lower at 159.33.
The major movers at the close of the market are, Caribbean Cement that gained 99 cents to $32.50, JMMB Group falling by $1 to $23, Sagicor Group jumping by $2.24 to $37.99, Scotia Group that fell $1.90 to $50.10 and Salada Foods rising by $1 to a 52 weeks’ high of $11.50.
Recent initial Public Offering Victoria Mutual Investments will be listed on the main market of the Jamaica Stock Exchange on Friday.
For more details of market activities see – “Wisynco jumps 28% to $10.09.”
JSE trading drops sharply on Wednesday
Trading on Jamaica Stock Exchange fell sharply on Wednesday to 1,316,067 units with a value of $22,258,246, down from 18,689,826 units valued at $192,233,164 traded on the Main Market of the on Friday.
Main market activity, ended with 26 securities changing hands, compared to 21 on Friday, with 10 advancing, 6 declining and 10 traded firm. At the close, the All Jamaican Composite Index fell 575.12 points to 309,835.67 and the JSE Index lost 524 points to close at 282,295.32 after the market indices for Friday was raised based on a cancellation of a trade in the shares of Supreme Ventures.
In the main market activity, Berger Paints finished with a loss of $1.60 at $16.50, with 5,555 shares trading, Cable & Wireless settled 5 cents higher at $1.05, with 137,812 shares, Caribbean Cement ended trading with a loss of 49 cents at $31.51, with 41,500 stock units, Carreras traded with a loss of 5 cents at $11.40, with 86,297 units, Ciboney finished trading at 41 cents, with 385,200 shares changing hands. Grace Kennedy closed at $43, with 14,659 shares, Jamaica Broilers ended 1 cent higher at $18, with 16,098 stock units, Jamaica Producers concluded trading with a rise of $1.60 to $16.70, with 3,408 units, Jamaica Stock Exchange finished with a loss of 5 cents at $7, exchanging 5,432 shares. JMMB Group settled 50 cents higher at $24, with 26,090 shares, Kingston Properties traded with a loss of 31 cents at $7.70, with 2,090 units, Kingston Wharves finished trading at $32.50, with 3,641 shares. Mayberry Investments closed 63 cents higher at $6, with 5,000 shares, NCB Financial lost $1 to close at $99, with 58,149 stock units trading. PanJam Investment finished with a loss of 20 cents at $44.80, with 58,860 shares, 
Pulse Investments ended trading 2 cents higher at $1.80, with 500 stock units, Radio Jamaica traded 2 cents higher at $1.05, with 94,271 units, Sagicor Group finished trading 24 cents higher at $35.75, with 129,580 shares. Sagicor Real Estate Fund closed at $15, with 120,420 shares, Salada Foods ended 55 cents higher at $10.50, with 28,000 stock units. Scotia Group concluded trading with a loss of $1.99 at $52, with 22,737 units, Seprod finished at $30, with 30,840 shares and Supreme Ventures ended trading 30 cents higher at $10.70, with 36,200 stock units. In the main market preference segment, Jamaica Money Market Brokers 7.25% traded 2001 units at $2.49, Jamaica Money Market Brokers 7.5% traded 1,000 units at $1.90 after gaining 10 cents and Proven Investments 8.25% ended with 727 units trading with a loss of 20 cents at $5.30.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE changes Friday’s market indices.”
JSE changes Friday’s market indices
Wednesday’s trading report on the Jamaica Stock Exchange activity shows the main market indices declining from Friday’s close, but the closing indices are higher than the official report of the Stock exchange on Friday.
Based on the closing indices reported on Friday, the All Jamaican Composite Index rose 346.61 points to 309,835.67 and the JSE Index gained 315.80 points to close at 282,295.32 on Wednesday. These changes coincide with the changes in the indices as reported on the trading platform. The trading report for Friday now has the indices climbing much higher than originally reported on Friday, by more than 800 points, with the All Jamaica Index ending then at 310,410.75 and the JSE Index at 282,819.36. The change had the effect of the main market falling on Wednesday, with the All Jamaican Composite Index falling 575.12 points to 309,835.67 and the JSE Index down 524.00 points to close at 282,295.32.
The Jamaica Stock Exchange confirmed that the index was recomputed on Wednesday, due to the cancellation of a block of Supreme Ventures shares that were traded based on a glitz in the software system, resulting in the movement on Friday being greater than was originally reported.
Trading on the Main Market of the Jamaica Stock Exchange finished trading on Wednesday with 26 securities changing hands, 11 advanced, 5 declined and 10 traded firm with 1,316,067 units valued at a mere $22,258,247 trading, compared to 18,689,826 units valued at $192,233,164 from 21 Securities on Friday.
Trading ended with an average of 50,618 units for an average of $856,086 in contrast to 889,992 units for an average of $9,153,960 on Friday. The average volume and value for the month to date amounts to 730,183 units valued at an average of $91,91,043 and previously 765,616 units valued at $10,279,783. In contrast, November closed with average of 349,084 units at an average of $5,801,440 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 3 with lower offers.
Wisynco to list on Thursday
Traded in the US dollar market ended with Proven Investments US ordinary share fell 2 US cents with 4,947 units changing hands at 21 US cents, the total value of trading amounted to US$1,048 with the JSE USD Equities Index closing 8.45 points lower at 165.44.
Apart from the big trade in JSE shares the other major movers at the close of the market are, Berger Paints dropped $1.60 to $16.50, Jamaica Producers rose $1.60 to $16.70, NCB Financial Group declined by $1 to $99 and Scotia Group fell $1.99 to $52.
Recent initial Public Offering Wisynco will be listed on the main market of the Jamaica Stock Exchange on Thursday.
For more details of market activities see – “JSE trading drops sharply on Wednesday.”
Big 4,523 points surge in JSE index
In trading on the Main Market of the Jamaica Stock Exchange on Friday, the All Jamaican Composite Index jumped sharply by 4,523.22 points to 309,489.06 and the JSE Index surged 4,121.16 points to close at 281,979.52.
Trading ended with 21 securities changing hands, of which 9 advanced, 4 declined and 8 traded firm Thursday.
Trading returned to more normal levels, with 18,689,826 units valued at $192,233,164 trading compared to 171,582,338 units valued at $1,664,149,762 from 21 securities on Thursday. Shares in Jamaica Stock Exchange, accounted for 15 million units of the volume traded on Friday.
An average of 889,992 units traded for an average of $9,153,960 on Friday, in contrast to an average of 8,170,588 units for an average of $79,245,227 on Thursday. 
The average volume and value for the month to date amounts to 765,616 units valued at $10,279,783 and previously, 758,238 units valued at $10,351,426. In contrast, November closed with average of 349,084 units at an average of $5,801,440 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 4 with lower offers.
Traded in the US dollar market ended with Proven Investments US ordinary share rose 1 US cent with 5,000 units changing hands at 23 US cents and Sterling Investments traded 548 units to close unchanged at 12.21 US cents. The total value of trading amounted to US$11,012 with the JSE USD Equities Index closing 4.67 points higher at 173.89.
Apart from the big trade in JSE shares the other major movers at the close of the market on Friday are, Berger Paints with a rise of $1.60, NCB Financial Group rising $1.49 and PanJam Investment jumped $2.
For more details of market activities see – “JSE stocks supply 80% of Friday’s trade.”
JSE stocks supply 80% of Friday’s trade
Shares of Jamaica Stock Exchange dominated trading and accounted for 80 percent of the 18,689,826 units valued at $192,233,164 traded on the Main Market of the on Friday.
Main market activity, ended with 21 securities changing hands, of which 10 advanced, 6 declined and 5 traded firm. At the close, the All Jamaican Composite Index surged 4,523.22 points to 309,489.06 and the JSE Index climbed by 4,121.16 points to close at 281,979.52.
In the main market activity, Berger Paints closed $1.60 higher at $18.10, with 32,000 shares trading, Cable & Wireless settled with a loss of 6 cents at $1, with 360,865 shares, Caribbean Cement ended trading 30 cents higher at $32, with 42,500 stock units, Carreras traded 5 cents higher at $11.45, with 188,605 units, Ciboney Group finished trading 6 cents higher at 41 cents, with 20,000 shares. Grace Kennedy closed at $43, with 62,393 shares, Jamaica Broilers ended with a loss of 1 cent at $17.99, with 425,917 stock units, Jamaica Stock Exchange finished with a loss of 25 cents at $7.05, with 15,007,575 shares, JMMB Group settled 50 cents higher at $23.50, with 15,450 shares. JMMB Group ended trading 50 cents higher at $23.50, with 15,450 stock units, Kingston Wharves finished trading 25 cents higher at $32.50, with 37,414 shares, Mayberry Investments closed with a loss of 23 cents at $5.37, with 852,137 shares, NCB Financial ended $1.49 higher at $100, with 219,637 stock units.
PanJam Investment finished $2 higher at $45, with 11,000 shares, Portland JSX settled 50 cents higher at $10, with 200 shares, Pulse Investments ended trading at $1.78, with 29,000 stock units, Sagicor Group finished trading with a loss of 49 cents at $35.51, with 394,829 shares. Sagicor Real Estate Fund closed at $15, with 18,000 shares, Salada Foods ended at $9.95, with 500 stock units, Scotia Group concluded trading 5 cents higher at $53.99, with 305,536 units, Seprod finished at $30, with 298,745 shares and Supreme Ventures ended trading with a loss of 30 cents at $10.40, with 367,523 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “Big 4,523 points surge in JSE index.”
Gains exceed losses but indices drop
Scotia Group’s stock price jumps $3.74 on Thursday
In trading on the Main Market of the Jamaica Stock Exchange on Thursday, the All Jamaican Composite Index dropped 2,129.59 points to 304,965.84 and the JSE Index dived 1,940.29 points to 277,858.36.
Trading ended with 21 securities changing hands, of which 9 advanced, 4 declined and 8 traded firm.
Trading jumped to 171,582,338 units valued at $1,664,149,762 compared to 1,811,480 units valued at $72,434,801 from 27 Securities on Wednesday. Supreme Ventures traded 168.7 million units to dominate market activities after accounting for 98.3 percent of volume traded.
An average of 8,170,588 units for an average of $79,245,227 traded, in contrast to 67,092 units for an average of $2,682,770 on Wednesday. The average volume and value for the month to date amounts to 758,238 units valued at $10,351,426 and previously, 290,793 units valued at $5,669,323. In contrast, November closed with average of 349,084 units at an average of $5,801,440 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 11 stocks ended with bids higher than their last selling prices and 2 with lower offers.
Trading in the US dollar market, ended with Proven Investments US ordinary share having 50,000 units changing hands at 22 US cents and Sterling Investments exchanging just 100 units and rising moderately in price to 0.1221 US cents from 0.12 cents. The total value of trading amounted to US$11,012 with the US dollar Equities Index closing 2.24 points down, at 169.22.
The major movers at the close are, JMMB Group lost 90 cents in trading 1,905,342 shares, Kingston Wharves gaining $1 and NCB Financial Group closing $1.49 lower, but Scotia Group jumped $3.74.
For more details of market activities see – “Supreme Ventures in big Thursday trade .”