Advancing prices crushed by decliners – Thursday

Trading on the Main Market of the Jamaica Stock Exchange ended on Thursday with 25 securities changing hands, 6 advanced, 11 declined and 6 traded firm, with 5,195,513 units valued at $74,800,685 compared to 13,175,593 units valued at $360,574,899 on Wednesday.
The JSE All Jamaican Composite Index declined by 2,034.00 points to close at 302,050.37 and the JSE Index declined by 1,853.20 points to close at 275,202.05.
In main market activity, 1834 Investments ended with a loss of 9 cents at $1.21, with 10,000 stock units, Barita Investments concluded trading with a loss of 10 cents at $8, with 20,561 units, Berger Paints finished at $16.20, with 1,084 shares, Cable & Wireless settled at $0.98, with 669,689 shares, Caribbean Cement ended trading with a loss of 1 cent at $32, with 32,950 stock units. Carreras traded with a loss of 1 cent at $10.99, with 3,008,091 units, Grace Kennedy closed at $43, with 33,063 shares, Jamaica Broilers ended with a loss of 40 cents at $17.50, with 46,915 stock units, Jamaica Producers concluded trading 22 cents higher at $16.22, with 34,050 units. Jamaica Stock Exchange finished with a loss of 20 cents at $6.80, with 51,195 shares, JMMB Group settled with a loss of 50 cents at $27, with 19,455 shares, Kingston Wharves traded at $32.50, with 107,220 units, Mayberry Investments finished trading at $5.01, with 414,751 shares. NCB Financial Group closed 4 cents higher at $90.05, with 258,394 shares, 1834 Investments ended with a loss of 9 cents at $1.21, with 10,000 stock units, PanJam Investment concluded trading 75 cents higher at $41.75, with 12,050 units, Portland JSX finished 5 cents higher at $8.95, with 1,600 shares, Pulse Investments settled 13 cents higher at $1.78, with 10,000 shares. Radio Jamaica ended trading 3 cents higher at $1.08, with 45,500 stock units, Sagicor Group traded with a loss of $1 at $36, with 31,555 units, Sagicor Real Estate Fund finished trading at $14.50, with 30,633 shares, Scotia Group ended with a loss of $1.48 at $51.02, with 77,645 stock units. Seprod concluded trading with a loss of 1 cent at $30, with 400 units and Supreme Ventures settled with a loss of 70 cents at $10.30, with 66,712 shares. In the main market preference segment, Jamaica Money Market Brokers 7.50%, traded 125,000 units at $1.90, JMMB Group 7.5% ended trading at $1.10, with 87,000 stock units and Proven Investments traded 46,657 shares at $5.50.
Prices of securities trading for the day are those at which the last trade took place.
For more on main market trading follow Main Market drops again on Thursday

Main market drops again on Thursday

The JSE All Jamaican Composite Index dropped 2,034.00 points to close at 302,050.37 and the JSE Index dived 1,853.20 points to 275,202.05 at the close on Thursday with 25 securities changing hands, 6 advanced, 11 declined and 6 traded firm on the Main Market of the Jamaica Stock Exchange.
Trading ended with 5,195,513 units valued at $74,800,685 compared to 13,175,593 units valued at $360,574,899 on Wednesday from 22 securities changing hands.
Trading ended with an average of 207,821 units for an average of $2,992,027 in contrast to 598,891 units for an average of $16,389,768 on Wednesday. The average volume and value for the month to date amounts to 349,084 units valued at $5,801,440 and previously 356,262 units valued at $5,944,195. In contrast, October closed with average of 1,185,251 units valued at $16,528,582 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 saw just one security changing hands with the market index remaining unchanged at 179.28 from 150 units valued at just US$36. Proven Investments US ordinary share traded only 150 units in closing at 23.98.
The major movers at the close are Sagicor Group that fell $1 and Scotia Group losing $1.48, volume wise Carreras traded 3,008,091 units.

For detailed information on trading in the main market see Advancing prices crushed by decliners – Thursday

Prices mostly up indices drop

Investors chopped $4.99 off the price of NCB Financial on Wednesday.

Prices of securities rose more than those that fell at the close of trading on the Main Market of the Jamaica Stock Exchange on Wednesday, but the JSE All Jamaican Composite Index dropped by 1,625.76 points to 304,084.37 and the JSE Index declined by 1,481.25 points to 277,055.25.
Trading closed with 22 securities changing hands, 9 advancing, 5 declining and 10 trading firm with 13,175,593 units valued at $360,574,899 changing hands.
In market activity, Barita Investments ended trading with a loss of 40 cents at $8.10, with 200 units, Berger Paints finished 9 cents higher at $16.20, with 2,046 shares, Cable & Wireless gained 1 cent to 98 cents, with 492,124 shares trading, Caribbean Cement ended trading at $32.01, with 7,476 stock units, Carreras traded at $11, with 62,384 units. Grace Kennedy closed $1.30 higher at $43, with 161,291 shares, Jamaica Broilers advanced 40 cents to $17.90, with 16,271 stock units, Jamaica Producers concluded trading with a loss of 20 cents at $16, with 3,356,105 units, Jamaica Stock Exchange rose 40 cents to close at $7, with 12,662 shares changing hands. JMMB Group settled at $27.50, with 4,971,543 shares, Kingston Wharves traded with a loss of 50 cents at $32.50, with 17,386 units trading, investors chopped $4.99 off the price of NCB Financial Group down to $90.01, with 128,557 shares trading, PanJam Investment concluded trading 25 cents higher at $41, with 3,518,560 units. Portland JSX finished 40 cents higher at $8.90, with 900 shares, Pulse Investments settled with a loss of 15 cents at $1.65, with 10,974 shares, Sagicor Group traded with a rise of 46 cents to $37, with 166,036 units, Sagicor Real Estate Fund finished trading at $14.50, with 17,424 shares. Scotia Group ended with a loss of $1.44 to close at $52.50, with 46,603 stock units and Supreme Ventures settled $1 higher at $11, with 134,138 shares. In the main market preference segment, Jamaica Money Market Brokers 7.25% traded 2,349 shares at $2.49 JMMB Group 7.25% ended trading 3,907 stock units at $1.50 and Proven Investments 8.25% traded 46,657 units at $5.50.
Prices of securities trading for the day are those at which the last trade took place.

Main market stocks dropped on Wednesday

The Main Market of the Jamaica Stock Exchange closed on Wednesday with 22 securities changing hands and 3 in the US dollar market with, 10 advancing, 5 declining and 10 trading firm with 13,175,593 units valued at $360,574,899 compared to 3,569,794 units valued at $75,294,915 on Tuesday.
The JSE All Jamaican Composite Index declined by 1,625.76 points to close at 304,084.37 and the JSE Index declined by 1,481.25 points to close at 277,055.25.
Trading ended with an average of 598,891 units at an average of $16,389,768 in contrast to 127,493 units for an average of $2,689,104 on Tuesday. The average volume and value for the month to date amounts to 356,262 units valued at $5,944,195 and reviously 344,905 units valued at $5,455,253. In contrast, October closed with average of 1,185,251 units valued at $16,528,582 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 traded 44,384 units in closing at 23.99 US cents and Productivity Business traded 57 US cents with 3,200 shares. In the US market preference segment, JMMB Group 6% ended trading at US$1.12, with 2,175 stock units.
The major movers at the close are Grace Kennedy gained $1.30, NCB Financial dropped $4.99, Scotia Group ended with a loss of $1.44, volume wise, Jamaica Producers accounted for 3,356,105 units, JMMB Group traded 4,971,543 shares and PanJam Investment finished with 3,518,560 units changing hands.

JSE main market falters again

Seprod shares dropped $3.99 on Tuesday.

The main market indices suffered major reversal as a result of the negative advance decline ratio of nearly 1 to 1, leading the JSE All Jamaican Composite Index, to drop 898.61 points to close at 305,710.13 and the JSE Index to 818.74 points, to close at 278,536.50.
Trading ended on Tuesday with 28 securities changing hands of which 11 advanced, 11 declined and 3 traded firm with 3,569,794 units valued at $75,294,915 changing hands.
The major contributors to the sharp fall are declines of $1.30 in the price of Grace Kennedy, Salada Foods fell $1.19, Scotia Group jumped $2.64, Seprod dropped $3.99, on the other hand National Financial rose $1 and Scotia Group rose $2.64.
In the main market activity, Barita Investments concluded trading 50 cents higher at $8.50, with 25,000 units, Berger Paints finished with a loss of 9 cents at $16.11, with 29,075 shares, Cable & Wireless settled 2 cents higher at 97 cents, with 51,499 shares, Caribbean Cement ended trading 1 cent higher at $32.01, with 4,240 stock units. Carreras traded with a loss of 4 cents at $11, with 2,009,745 units, Ciboney Group finished trading 5 cents higher at 50 cents, with 65,000 shares, Grace Kennedy closed with a loss of $1.30 at $41.70, with 141,575 shares, Jamaica Broilers ended with a loss of 1 cent at $17.50, with 70,380 stock units. Jamaica Producers concluded trading with a rise of 20 cents to $16.20, with 60,592 units, Jamaica Stock Exchange finished with a loss of 38 cents at $6.60, with 21,679 shares, JMMB Group settled with a loss of 50 cents at $27.50, with 16,763 shares, Kingston Properties ended trading 1 cent higher at $8.01, with 1,300 stock units. Kingston Wharves traded 50 cents higher at $33, with 2,857 units, Mayberry Investments finished trading with a loss of 19 cents at $5.01, with 6,000 shares, NCB Financial Group closed $1 higher at $95, with 35,601 shares, 1834 Investments ended at $1.30, with 20,872 stock units, PanJam Investment concluded trading at $40.75, with 2,895 units. Portland JSX finished with a loss of 50 cents at $8.50, with 500 shares, Radio Jamaica ended trading with a loss of 4 cents at $1.05, with 2,000 stock units, Sagicor Group traded 4 cents higher at $36.54, with 6,100 units, Sagicor Real Estate Fund finished trading at $14.50, with 1,000 shares. Salada Foods Jamaica closed with a loss of $1.19 at $8.81, with 2,000 shares, Scotia Group ended $2.64 higher at $53.94, with 727,189 stock units, Seprod finished with a loss of $3.99 at $30.01, with 400 shares and Supreme Ventures ended trading with a loss of 42 cents at $10, with 110,204 stock units.
Prices of securities trading for the day are those at which the last trade took place.

JSE majors down with 11 stocks rising & 11 falling

Main market stocks in serious test of resistance that is not likely to last.

Trading on the main market of the Jamaica Stock Exchange ended trading on Tuesday with 28 securities changing hands of which 11 advanced, 11 declined and 3 traded firm with 3,569,794 units valued at $75,294,915 changing hands, down sharply from 19,187,109 units valued at $205,077,757 on Monday.
The JSE All Jamaican Composite Index declined by 898.61 points compared to a fall of 3,027.95 points on Monday, to close at 305,710.13 and the JSE Index declined by 818.74 points versus a fall of 2,758.81 points on Monday, to close at 278,536.50.
Trading ended with an average of 127,493 units for an average of $2,689,104 in contrast to 799,463 units for an average of $8,544,907 on Monday. The average volume and value for the month to date amounts to 344,905 units valued at $5,455,253 and previously 358,678 units valued at $5,630,484. In contrast, October closed with an average of 1,185,251 units valued at $16,528,582 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and 2 with lower offers.
In the US dollar market, the index rose 11.04 points to close at 179.19 with 76,985 units trading at a value of US$67,389. Productivity Business ordinary share traded 1,549 units and rose 2 cents to close at 57 US cents, Proven Investments ordinary share traded 20,416 units to gain 2 cents to close at 23.98 US cents and JMMB Group 6% US Preference share traded 55,000 units at US$1.12.
The main movers for the day are, Grace Kennedy falling $1.30, NCB Financial Group adding $1, Salada Foods fell $1.19, Scotia Group jumped $2.64, Seprod dropped $3.99 and Ciboney traded at a 52 weeks’ high of 50 cents while Carreras ended trading 2,009,745 units.

JSE main market falters again

Trading on the Main Market of the Jamaica Stock Exchange ended on Monday with 24 securities changing hands, with 7 advancing, 12 declining and 4 trading firm with 19,187,109 units valued at $205,077,757.
The market indices suffered major reversal as a result of the negative advance decline ratio of nearly 1 to 2 hit, leading the JSE All Jamaican Composite Index, to drop 3,027.95 points to close at 306,608.74 and the JSE Index to dive 2,758.81 points to 279,355.24. The major contributors to the sharp fall include, declines in Grace Kennedy, Kingston Wharves but mostly a $1 drop in the price of NCB Financial Group and $1, Sagicor Group with a fall of $1.60.
In main market activity, Berger Paints finished with a loss of 30 cents at $16.20, with 215,407 shares changing hands, Cable & Wireless settled with a loss of 4 cents at 95 cents, with 288,300 shares, Caribbean Cement ended trading with a loss of 1 cent at $32, with 72,066 stock units, Carreras traded with a loss of 1 cent at $11.04, with 84,627 units. Ciboney Group finished trading 19 cents higher at 52 weeks’ high of 45 cents, with 60,000 shares, Grace Kennedy closed with a loss of 44 cents at $43, with 968 shares, Jamaica Broilers ended 1 cent higher at $17.51, with 25,872 stock units, Jamaica Producers concluded trading at $16, with 5,440 units. Jamaica Stock Exchange finished with a loss of 27 cents at $6.98, with 15,018,321 shares, JMMB Group settled 5 cents higher at $28, with 154,344 shares, Kingston Wharves traded with a loss of 50 cents at $32.50, with 36,215 units, Mayberry Investments finished trading 10 cents higher at $5.20, with 1,023,177 shares. NCB Financial Group lost $1 at $94, with 58,498 shares trading, 138 Student Living closed with a loss of 5 cents at $6, with 4,290 shares, PanJam Investment concluded trading with a loss of 75 cents at $40.75, with 12,620 units, Portland JSX finished at $9, with 3,900 shares, Radio Jamaica ended trading 2 cents higher at $1.09, with 45,693 stock units. Sagicor Group traded with a loss of $1.60 at $36.50, with 2,026,098 units, Sagicor Real Estate Fund finished trading at $14.50, with a mere 1,515 shares, Scotia Group closed trading 10 cents higher at $51.30, with 21,850 stock units, Seprod climbed $1.80 to $34, with 1,600 units but ended with the stock on offer at $32. Sterling Investments finished at $12, with 8,000 shares and Supreme Ventures settled with a loss of 8 cents at $10.42, with 17,370 shares. In the main market preference segment, JMMB Group ended trading at $1.10, with 938 stock units.

Prices of securities trading for the day are those at which the last trade took place.

14,568 points slashed off AJIndex in 2 weeks

Investors cut 4.5 percent or 14,568.35 points in two weeks off the JSE All Jamaican Composite Index, as it dropped 3,027.95 points on Monday to close at 306,608.74. During the same period, the JSE Index dived 13,273.42 or 4.5 percent, to close with a fall of 2,758.81 points on Monday at 279,355.24.
Trading on the Main Market of the Jamaica Stock Exchange ended on Monday with 24 securities changing hands, as 7 advanced, 12 declined and 4 traded firm with 19,187,109 units valued at $205,077,757 compared to 10,390,820 units valued at $339,090,865 on Friday.
Trading ended with an average of 799,463 units for an average of $8,544,907 in contrast to 451,775 units for an average of $14,743,081 on Friday. The average volume and value for the month to date amounts to 358,678 units valued at $5,630,484 and previously, an average of 333,369 units valued at $5,463,149. In contrast, October closed with an average of 1,185,251 units valued at $16,528,582 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and 2 with lower offers.
In the US dollar market Margaritaville ordinary share traded 2,300 units at 19 us cents valued at just US$21.
The main movers for the day are, NCB Financial Group dropping $1, Sagicor Group fell $1.60 trading 2,026,098 units and Seprod jumped $1.80. Ciboney traded at a 52 weeks’ high of 45 cents.

Jamaican stocks shed more blood – Friday

It was an all reds day in trading on the Jamaica Stock Exchange on Friday with all market indices falling. In the main market 23 securities changed hands, 8 advanced, 8 declined and 7 traded firm.
The JSE All Jamaican Composite Index dropped 2,030.31 points to 309,636.69 and is now just above support level on the technical channel that it broke through in October as the market retest support. The JSE Index dived 1,849.84 points to 282,114.05.
Trading ended with 10,390,820 units valued at $339,090,865 compared to 3,984,045 units valued at $54,400,232 on Thursday with an average of 451,775 units for an average of $14,743,081, in contrast to 189,716 units for an average of $2,590,487 on Thursday. The average volume and value for the month to date, amounts to 333,369 units valued at $5,463,149 and previously 326,475 units valued at $4,922,799. In contrast, October closed with an average of 1,185,251 units valued at $16,528,582 for each security traded.
The US dollar market index fell 9.06 points to 168.15 as 2 securities traded lower with a volume of 26,719 units valued at US$29,135. Trading in both markets lead to a volume of 10,417,539 units valued at J$$342,761,884.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 9 stocks ended with bids higher than their last selling prices and 1 with lower offers.
In the US dollar market JMMB Group 6% US dollar preference share traded 25,841 units at $1.12, down from $1.121 previously and Proven Investments traded 878 ordinary shares at 22 US cents after slipping 2 cents.
The main movers for the day were, Caribbean Cement ended with a loss of $2.49, NCB Financial Group dropping $4.40 and Sagicor Group gaining $1.10. PanJam Investment traded 4,370,132 shares, Sagicor Group traded 3,011,732 units and Supreme Ventures settled with 1,109,526 shares.

Altitude lost by JSE main market

NCB Financial Group dropped $4.40 on the JSE on Friday.

The Jamaica Stock Exchange All Jamaican Composite Index dropped 2,030.31 points to 309,636.69, just above support level on the technical chart, as it retest support around that level. The JSE Index dived 1,849.84 points to 282,114.05.
Trading ended with 10,390,820 units valued at $339,090,865 from 23 securities changing hands, 8 advanced, 8 declined and 7 traded firm.
In the main activity, Barita Investments concluded trading at $8, with 20,000 units, Berger Paints finished with a loss of 39 cents at $16.50, with 126,300 shares, Cable & Wireless settled with a loss of 11 cents at $0.99, with 475,341 shares, Caribbean Cement ended trading with a loss of $2.49 at $32.01, with 1,455 stock units. Carreras traded with a loss of 45 cents at $11.05, with 116,095 units, Grace Kennedy closed 44 cents higher at $43.44, with 1,661 shares, Jamaica Broilers ended with a loss of 50 cents at $17.50, with 2,044 stock units, Jamaica Producers concluded trading 50 cents higher at $16, with 12,982 units. JMMB Group settled with a loss of 40 cents at $27.95, with 13,068 shares, Kingston Wharves traded 50 cents higher at $33, with 8,900 units, Mayberry Investments finished trading 10 cents higher at $5.10, with 5,333 shares, NCB Financial Group closed with a drop of $4.40 to $95, with 121,584 shares. 1834 Investments ended at $1.30, with 2,500 stock units trading, PanJam Investment concluded trading at $41.50, with 4,370,132 units, Portland JSX finished with a loss of 10 cents at $9, with 10,749 shares, Radio Jamaica ended trading 7 cents higher at $1.07, with 5,605 stock units, Sagicor Group traded $1.10 higher at $38.10, with 3,011,732 units. Sagicor Real Estate Fund finished trading 50 cents higher at $14.50, with 11,669 shares, Scotia Group ended at $51.20, with 327,028 stock units, Seprod concluded trading 20 cents higher at $32.20, with 2,489 units and Supreme Ventures settled at $10.50, with 1,109,526 shares.
Prices of securities trading for the day are those at which the last trade took place.