Rising stocks edge out falling ones

December 14, 2017 by

The Main Market of the Jamaica Stock Exchange pulled back at the close on Thursday leading the JSE All Jamaican Composite Index to drop by 1,614.44 points to 303,947.39 while the JSE Index fell 1,470.94 points to 276,930.44.
Trading ended with 21 securities changing hands, of which 9 advanced, 7 declined and 2 traded firm, resulting in 3,826,874 shares valued at $91,752,590 changing hands.
In the market activity, Cable & Wireless settled 1 cent higher at $1, with 62,773 shares, Caribbean Cement ended trading 99 cents higher at $31, with 300 stock units, Carreras traded 50 cents higher at $11, with 64,737 units, Grace Kennedy closed with a loss of 50 cents at $41.50, with 121,270 shares, Jamaica Broilers ended with a loss of 40 cents at $17.30, with 9,000 stock units. Jamaica Stock Exchange finished with a loss of 20 cents at $7, with 24,500 shares, JMMB Group settled $1.92 higher at $25.90, with 3,063,904 shares, Kingston Wharves traded 30 cents higher at $32.30, with 3,475 units, Mayberry Investments finished trading at $6, with 100,788 shares. NCB Financial Group closed with a loss of 99 cents at $99, with 42,547 shares, PanJam Investment concluded trading with a loss of $5 at $40, with 10,105 units, Pulse Investments settled 8 cents higher at $1.78, with 10,000 shares, Radio Jamaica ended trading with a loss of 2 cents at $1.03, as 33,567 stock units changed hands. Sagicor Group traded 22,758 units and gained 85 cents to close at $35.50, Sagicor Real Estate Fund finished trading at $15, with 200 shares, Scotia Group ended $1.85 higher at $51.95, with 117,552 stock units, Seprod concluded trading 50 cents higher at $27.50, with 485 units and Supreme Ventures settled with a loss of 26 cents at $10.30, with 105,825 shares. In the main market preference segment, Jamaica Money Market Brokers 7.25% traded 150 units at $2.49 and the 7.5% closed at $1.85 with 19,937 shares and JMMB Group 7.5% ended trading at $1.15, with 13,001 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 falters on Thursday.”

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Big jump in JSE main market – Wednesday

December 13, 2017 by

Trading on the Main Market of the Jamaica Stock Exchange closed on Wednesday with a big rise in the market indices as investors continue shaking off the sell-off leading up to the four Initial Public Offers that were on the market and closed last week and earlier this week.
The market activity resulted in a surge of 2,953.90 points in the JSE All Jamaican Composite Index to close at 305,561.83 while the JSE Index jumped 2,691.33 points 278,401.38 at the close of a moderate day of market activity.
At the close of the market, 22 securities changing hands, securities changing hands, 11 advanced, 5 declined and 5 traded firm with 868,056 units valued at $20,860,689 compared to 1,747,498 units valued at $52,030,701 from 22 securities changing hands on Tuesday.
Trading ended with an average of 39,457 units for an average of $948,213 in contrast to 79,432 units for an average of $2,365,032 on Tuesday. The average volume and value for the month to date amounts to 127,855 units valued at $2,927,387 and previously, 137,727 units valued at $3,179,073. 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 2 with lower offers.
Proven Investments US ordinary share was the sole trade in the US dollar market, with 3,925 units valued at over US$903 changing hands in closing at 23 US cents, with the JSE USD Equities Index closing unchanged at 174.66.
The major movers at the close, are Berger Paints rising $1.50, JMMB Group rising 97 cents, Mayberry Investments rising 82 cents, PanJam Investment jumping $3.50 while Caribbean Cement fell $1.21, Grace Kennedy with a loss of $1, Sagicor Group falling $1.85, while Scotia Group lost 90 cents.

For more details of market activities see – “Stocks rise in moderate trading.”

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JSE stocks rise in moderate trading

December 13, 2017 by

Bulls pushing Jamaican stocks.

Trading on the Main Market of the Jamaica Stock Exchange closed with 22 securities changing hands, of which 11 advanced, 5 declined and 5 traded firm with just 868,056 units valued at a mere $20,860,689.
Trading resulted in the JSE All Jamaican Composite Index climbing 2,953.90 points to close at 305,561.83 and the JSE Index advanced by 2,691.33 points to close at 278,401.38.
In the market activity, Berger Paints finished $1.50 higher at $17, with 8,715 shares, Caribbean Cement ended trading with a loss of $1.21 at $30.01, with 5,500 stock units, Carreras traded 15 cents higher at $10.50, with 168,396 units, Grace Kennedy closed with a loss of $1 at $42, with 31,693 shares. Jamaica Broilers ended at $17.70, with 11,221 stock units, Jamaica Producers concluded trading with a loss of 1 cent at $15.09, with 5,239 units, Jamaica Stock Exchange finished 20 cents higher at $7.20, with 31,833 shares, JMMB Group settled 97 cents higher at $23.98, with 44,686 shares. Kingston Wharves traded at $32, with 3,927 units, Mayberry Investments finished trading 82 cents higher at $6, with 150,597 shares, NCB Financial Group closed at $99.99, with 96,102 shares, 1834 Investments ended at $1.20, with 336 stock units, PanJam Investment closed trading with a rise of $3.50 to $45, with 4,959 units. Pulse Investments settled 20 cents higher at $1.70, with 47,159 shares, Radio Jamaica ended trading 5 cents higher at $1.05, with 20,362 stock units, Sagicor Group traded with a loss of $1.85 at $34.65, with 52,540 units, Sagicor Real Estate Fund finished trading 51 cents higher at $15, with 6,698 shares. Salada Foods Jamaica closed 24 cents higher at $9.85, with 5,450 shares, Scotia Group ended with a loss of 90 cents at $50.10, with 25,560 stock units, Sterling Investments finished at $12, with 14,527 shares and Supreme Ventures settled 31 cents higher at $10.56, with 130,956 shares. In the main market preference segment, JMMB Group 7.5% ended trading at $1.15, with 1,600 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 “Big jump in JSE main market – Wednesday.”

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Rising stocks beat out decliners

December 12, 2017 by

At the close of the Main Market activity on the Jamaica Stock Exchange on Tuesday, 22 securities changed hands, of which 8 advanced, 5 declined and 7 traded firm as 1,747,498 units valued at $52,030,701 traded.
Trading resulted in the JSE All Jamaican Composite Index climbing 1,009.83 points to close at 302,607.93 and the JSE Index rising 920.06 points to close at 275,710.05.
In the market activity Barita Investments concluded trading at $7.75, with 150 units, Berger Paints gained 95 cents higher to end at $15.50, with 3,724 shares, Cable & Wireless settled 5 cents higher at $0.99, with 259,242 shares, Caribbean Cement ended trading with a loss of 63 cents at $31.22, with 1,771 stock units, Carreras traded at $10.35, with 39,108 units. Grace Kennedy closed 1 cent higher at $43, with 103,842 shares, Jamaica Broilers ended 60 cents higher at $17.70, with 200 stock units, Jamaica Stock Exchange finished at $7, with 9,619 shares changing hands, JMMB Group settled with a loss of 98 cents at $23.01, with 324,315 shares. Kingston Wharves traded at $32, with 1,038 units trading, Mayberry Investments finished trading with a loss of 77 cents at $5.18, with 58,159 shares, NCB Financial Group closed 49 cents higher at $99.99, with 102,237 shares changing hands, Pulse Investments settled at $1.50, with 12,800 shares. Radio Jamaica ended trading at $1, with 93,566 stock units, Sagicor Group traded $1.70 higher at $36.50, with 32,430 units, Sagicor Real Estate Fund finished trading at $14.49, with 6,025 shares, Salada Foods Jamaica closed 11 cents higher at $9.61, with 3,117 shares. Scotia Group ended with a loss of $1 at $51, with 527,032 stock units trading, Seprod dived $2.52 t0 $27, with just 835 units changing hands and Supreme Ventures settled 5 cents higher at $10.25, with 53,188 shares. In the main market preference segment, Jamaica Money Market Brokers 7.5% traded just 100 units at $1.85 and JMMB Group 7.5% ended trading at $1.15, with 115,000 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 majors head higher – Tuesday.”

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JSE majors head higher – Tuesday

December 12, 2017 by

Sagicor Group gaining $1.70.

Trading on the Main Market of the Jamaica Stock Exchange closed on Tuesday with the JSE All Jamaican Composite Index climbing 1,009.83 points to close at 302,607.93 and the JSE Index rising 920.06 points to close at 275,710.05.
At the close of the market, 22 securities changing hands, 8 advanced, 5 declined and 7 traded firm with 1,747,498 units valued at $52,030,701 compared to 3,390,479 units valued at $79,727,658 from 23 securities changing hands on Monday.
Trading ended with an average of 79,432 units for an average of $2,365,032 in contrast to 147,412 units for an average of $3,466,420 on Monday. The average volume and value for the month to date amounts to 137,727 units valued at $3,179,073 and previously, 145,056 units valued at $3,297,675. 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 6 stocks ended with bids higher than their last selling prices and 2 with lower offers.
Proven Investments US ordinary share was the sole trade in the US dollar market, with 37,090 units valued at $8,531, changing hands in closing 0.50 cents lower to 23 US cents. Trading led to the JSE USD Equities Index declining 2.29 points to close at 174.66.
The major movers at the close, are Berger Paints rising 95 cents, Sagicor Group gaining $1.70, JMMB Group falling 98 cents, while Scotia Group lost $1 and Seprod fell by $2.52.

For more details of market activities see – “Rising stocks beat out decliners.”

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Falling prices dominate JSE majors – Monday

December 11, 2017 by

The price of NCB Financial climbed $2.50 on the JSE.

When the main market of the Jamaica Stock Exchange closed on Monday, 23 securities changed hands, 6 advanced, 10 declined and 6 traded firm with 3,390,479 units valued at $79,727,658 passing over the exchange.
The Main Market ended with the JSE All Jamaican Composite Index diving 2,600.36 points to close at 301,598.10 while the JSE Index dropped 2,369.22 points to 274,789.99.
In market activity, Berger Paints finished at $14.55, with 15,000 shares, Cable & Wireless settled with a loss of 15 cents at 94 cents, with 125,361 stock units, Carreras traded with a loss of 15 cents at $10.35, with 123,130 units, Ciboney Group finished trading at 35 cents, with 20,683 shares. Grace Kennedy closed with a loss of 1 cent at $42.99, with 1,000 units, Jamaica Broilers ended with a loss of 60 cents at $17.10, with 20,296 stock units, Jamaica Producers concluded trading at $15.10, with 3,746 units, Jamaica Stock Exchange finished at $7, with 464,604 shares. JMMB Group settled with a loss of 1 cent at $23.99, with 36,522 shares, Kingston Wharves traded with a loss of 70 cents at $32, with 69,604 units, NCB Financial Group closed $2.50 higher at $99.50, with 71,520 shares, 1834 Investments ended 5 cents higher at $1.20, with 12,961 stock units, PanJam Investment concluded trading 12 cents higher at $41.50, with 8,500 units. Pulse Investments settled at $1.50, with 950 shares, Radio Jamaica ended trading at $1, with 320,391 stock units, Sagicor Group traded with a loss of $3.30 at $34.80, with 1,594,318 units, Sagicor Real Estate Fund finished trading with a loss of 1 cent at $14.49, with 18,710 shares. Salada Foods Jamaica closed 50 cents higher at $9.50, with 5,000 shares, Scotia Group ended $1 higher at $52, with 147,734 stock units, Seprod concluded trading with a loss of 48 cents at $29.52, with 200 units and Supreme Ventures settled 20 cents higher at $10.20, with 8,220 shares. In the main market preference segment, Jamaica Money Market Brokers 7.25% traded 122,029 units but fell 5 cents to $1.85 JMMB Group 7.5% ended trading at $1.15, with 200,000 stock units.

 

Prices of securities trading for the day are those at which the last trade took place. For more details of market activities see report “JSE main market drops – Monday.”

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , ,

JSE main market drops – Monday

December 11, 2017 by

Trading on the Main Market of the Jamaica Stock Exchange ended with the JSE All Jamaican Composite Index declined by 2,600.36 points to close at 301,598.10 and the JSE Index declined by 2,369.22 points to close at 274,789.99.
The market finished on Monday with 23 securities changing hands, 6 advanced, 10 declined and 6 traded firm with 3,390,479 units valued at $79,727,658 compared to 581,428 units valued at $23,062,993 on Friday from 16 securities changing hands.
Trading ended with an average of 147,412 units for an average of $3,466,420 in contrast to 36,339 units for an average of $1,441,437 on Friday. The average volume and value for the month to date amounts to 145,056 units valued at $3,297,675 and previously, 144,699 units valued at $3,267,354. 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 4 stocks ended with bids higher than their last selling prices and 3 with lower offers.
Proven Investments US ordinary share was the sole trade in the US dollar market, with 100,000 units valued at US$23,485 changing hands in closing 2 cents higher to 23.5 US cents, with the index rising 4.06 points to 176.96.
The major movers at the close, are Berger Paints falling $2.45, NCB Financial jumping $2.50 following last Friday’s announcement of a bid to acquire majority shares in Guardian Holdings, Sagicor Group fell $3.30 in trading 1,594,318 units, while Scotia Group rose $1.
For more details of market activities see report – Falling prices dominant for JSE major – Monday

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NCB pushes JSE main market up – Friday

December 8, 2017 by

NCB jumps $4.75 on Friday after the Group disclosed bid for majority shares in Guardian Holdings.

Trading on the Main Market of the Jamaica Stock Exchange closed on Friday saw the JSE All Jamaican Composite Index gaining 604.57 points to 304,198.46 and the JSE Index advancing 550.84 points to 277,159.21 as NCB Financial climbed $4.75 following their bid for majority shares in Guardian Holdings.
Trading on the Main Market of the Jamaica Stock Exchange ended on Friday with just 16 securities changing hands of which 5 advanced, 6 declined and 5 traded firm with 581,428 units valued at $23,062,993 compared to 714,979 units valued at $14,275,297 on Thursday from 21 securities changing hands.
Trading ended with an average of 36,339 units for an average of $1,441,437, in contrast to 34,047 units for an average of $679,776 on Thursday. The average volume and value for the month to date amounts to 230,246 units valued at $4,248,014 and previously, 230,246 units valued at $4,248,014. 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 2 with lower offers.
The major movers at the close, are Berger Paints falling $2.45, NCB Financial jumping $4.75 after the Group announced a bid to acquire majority shares in Guardian Holdings and PanJam Investment fell $1.12 and Scotia Group fell $2.
For more details of market activities see report Trading falls on JSE main market – Friday.

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Trading falls on JSE main market – Friday

December 8, 2017 by

Trading on the Main Market of the Jamaica Stock Exchange ended on Friday with 16 securities changing hands, 5 advanced, 6 declined and 5 traded firm, with 581,428 units valued at $23,062,993 changing hands.
The JSE All Jamaican Composite Index rose 604.57 points to close at 304,198.46 and the JSE Index gained by 550.84 points to close at 277,159.21.
In the main market activity, Barita Investments concluded trading with a loss of 25 cents at $7.75, with 21,322 units, Berger Paints fell $2.45 to $14.55, with 3,000 shares, Cable & Wireless settled 9 cents higher at $1.09, with 2,660 shares, Carreras traded at $10.50, with 116,842 units, Grace Kennedy closed at $43, with 2,000 shares. Jamaica Broilers ended at $17.70, with 3,000 stock units, Jamaica Stock Exchange finished 50 cents higher at $7, with 2,300 shares, JMMB Group settled at $24, with 1,414 shares, Mayberry Investments finished trading 95 cents higher at $5.95, with 106,457 shares. NCB Financial Group closed $4.75 higher at $97, with 197,918 shares, after the Group announced a bid to acquire up to 32 percent more shares in Guardian Holdings, to take their holdings in the Trinidadian finance house to 62 percent. PanJam Investment concluded trading with a loss of $1.12 at $41.38, with 4,962 units, Pulse Investments settled with a loss of 25 cents at $1.50, trading 41,191 shares, Sagicor Group traded 10 cents higher at $38.10, with 26,739 units. Salada Foods Jamaica closed with a loss of 50 cents at $9, with 5,000 shares, Scotia Group ended with a loss of $2 at $51, with 4,623 stock units and Supreme Ventures settled at $10, with 42,000 shares.
Prices of securities trading for the day are those at which the last trade took place.
For more details of market activities see report “NCB pushes JSE main market up – Friday.”

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , ,

JSE main market falls back – Thursday

December 7, 2017 by

Investors chopped $1.65 off the price of NCB Financial on Thursday.

Trading on the Main Market of the Jamaica Stock Exchange closed on Thursday with 21 securities changing hands, compared to 25 on Wednesday but the market indices fell back with stocks rising edging out those that fell.
By the close the JSE All Jamaican Composite Index fell 954.19 points to 303,596.51 and the JSE Index declined by 869.38 points to 276,610.75 as the prices of 9 stocks advanced, 6 declined and 4 traded firm resulting in 714,979 units valued at $14,275,297 trading, compared to 9,894,407 units valued at $132,996,713 on Wednesday.
Trading ended with an average of 34,047 units for an average of $679,776 in contrast to 412,267 units for an average of $5,541,530 on Wednesday. The average volume and value for the month to date amounts to 230,246 units valued at $4,248,014 and previously, 227,449 units valued at $4,185,528. 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.
Proven Investments US ordinary share was the sole trade in the US dollar market, with 8,125 units changing hands in closing 1 cent lower to 22 US cents, with the index slipping 1.77 points to 172.8 and JMMB Group 6% US preference share traded 1,210 units at $1.15.
The major movers at the close, are Berger Paints with a rise of $2.45, Grace Kennedy with a rise of $1, followed by a rise of $1.40, JMMB Group falling by $1 and NCB Financial, down $1.65.
For more details of market activities see report –  9 JSE stocks rise 6 fall – Thursday.

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