The junior market index closed at a new all-time high on Wednesday, as advancing stocks were edged out by declining ones pushing the market index up by 20.38 points to end at 2,573.55 points with a 44 percent increase for the year to date.
At the close, the prices of 7 stocks rose, 3 declined with 14 securities trading, compared to 14 trading on Friday. Volume of stocks traded surged on Wednesday by 334 percent, from Friday’s level, ending with 2,545,501 units changing hands, valued at $16,691,479, up by 559 percent from $2,533,304 on Friday.
Market activities ended with 3 securities closing with bids higher than their last selling prices and 3 ending with a lower offer.
An average of 181,822 units with an average value of $1,192,249 traded, compared to 41,940 units with an average value of $180,950 on the preceding trading day. The average for December to date is 136,554 units, at an average of $696,188. The average for December to Friday is 133,892 units, at an average of $667,008. November ended with an average of 109,679 units with an average value of $607,092.
In trading Blue Power rose $2 in trading 10,000 shares at $27, Cargo Handlers dropped $1.10 to close at $17.50, with 41,172 units changing hands, Caribbean Flavours had 20,000 units being exchanged at $12, C2W Music traded 11,939 units at 35 cents, General Accident had 7,976 units changing hands to close at $3. Honey Bun had 544 shares changing hands to close at $5.95 after shedding 5 cents. 
Jetcon Corporation rose 2 cents to close at $5.90 with 1,094,291 shares trading, KLE Group closed with 1,504 shares trading at $1.95, Knutsford Express traded 6,700 shares at $19.55, Lasco Distributors ended with 1,117,322 units trading with a gain of 25 cents at $7. Lasco Financial lost 5 cents with 21,345 shares changing hands, to end at $3.20, Lasco Manufacturing ended at $4.98, after 147,247 units switched hands, Paramount Trading exchanged 64,362 units at $3 and tTech traded 1,079 units with a rise of 5 cents to close at $5.30.
Jamaican stocks surge to record close
Prices surged on the main market of the Jamaica Stock Exchange, to close on Wednesday at a new closing high as the main market indices were up by more than 4,000 points. The market ended with the All Jamaica Composite Index climbing 23.5 percent for the year to date, the JSE market index gaining 25.6 percent and the Combined index rising 27.6 percent.
The All Jamaica Composite Index had sharp uptick of 4,561.30 points, to close at 206,750.96. The JSE Market Index surged 4,078.62 points to finish at 189,246.69. The JSE combined index jumped 3,991.66 points to close at 201,943.16.
Market activity ended with 36 securities changing hands. At the close, the prices of 13 stocks gained while 8 declined in the overall market, including 4 stocks rising and 3 falling, in the junior market.
At the close with 4,343,022 units valued at $31,074,893 changed hands, compared to 4,431,672 units valued at $71,950,263 changing hands on Thursday. Of the stocks traded, the junior market accounted for 2,545,501 units changing hands, valued at $2,533,304.
The average trade for the day in the main market ended at 81,706 shares compared to an average of 167,153 units traded on Friday. The average for the month to date stands at 202,375 shares compared to an average of 323,045 units for the month up to Friday. November ended with an average of 208,466 units.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 13 stocks with bids higher than their last selling prices and 7 with lower offers.
Some notable stocks with bids above the last sale price are Kingston Wharves with a bid of $21 versus the last price of $20.01 Pan Jam with a bid of $27.50 versus the last price of $27 and Seprod with a bid of $29.80 with a last sale of $27.50.
In market activity, Barita Investments closed with a gain of 45 cents to $6 with 59,690 shares trading, Berger Paints traded 14,000 shares to end at $5.60, Cable & Wireless rose 2 cents to close at 72 cents with 98,075 units trading, Caribbean Cement ended with gain of $4.70 while trading 25,306 shares at $35.40. Ciboney traded 257,346 shares at 22 cents, Grace Kennedy closed at $41 with 7,900 shares changing hands, Jamaica Broilers closed at $14.08 with 7,515 shares changing hands, Jamaica Producers lost 30 cents to end at $8.85 with 968,280 units trading, 
Jamaica Stock Exchange fell 4 cents in trading 5,325 shares, to end at $5.55. Mayberry Investments fell 10 cents to end at $5.40 with 63,413 shares changing hands, National Commercial Bank rose 76 cents to end at $49.76 with 27,850 shares changing hands, PANJAM Investment traded 2,000 shares to close at $27. Pulse Investments traded 115,621 shares with a fall of 90 cents to close at $3, Radio Jamaica traded 80,000 shares to close at $1.22 after rising 2 cents, Sagicor Group closed with 8,250 shares changing hands at $30, Scotia Group with just 5,000 shares changing hands and closed with a gain of 99 cents at $34.99 and Proven Investments closed at 21.95 US cents up from 21.05 US cents, with 37,735 units changing hands.
AJI jumps 5,396 points to record 207,585 – Wednesday
Pan Jam Investment jumped $2.50 to a new high of $29.50 in trading on the Jamaica Stock Exchange, on Wednesday, after the market opened having been closed for the holidays and helped the main market indices to surge by 4,047 points 
on the all Jamaica Composite index at 10:45.
At 11:40 the strong> all Jamaica Composite Index surged by 5,395.82 points to 207,585.48, the Jamaica Stock Exchange Market Index jumped 4,824.83 points to an all-time high of 189,992.90, the Jamaica Stock Exchange combined index 4,426.36 points to a record high of 202,377.86 and the junior market index fell 4.65 to 2,548.52.
Market activity resulted in 26 securities traded at 10:45 am, compared to 20 on Friday at 10:45 am. A total of 9 securities advanced and 4 declined, resulting in a volume of 721,003 shares changing hands, carrying a value of $1,962,803, compared 272,207 shares changing hands, carrying a value of $4,538,567 on Friday. The average number of shares traded, amount to 27,731 units versus 13,610 units on Friday.
At 10:45, the all Jamaica Composite Index surged 4,047.12 points to a record 206,236.78, the Jamaica Stock Exchange Market Index jumped 3,618.86 points to an all-time high of 188,841.46, the Jamaica Stock Exchange combined index 3,321.81 points to a record high of 201,273.31 and the junior market index fell 3.31 to 2,549.86.
Sagicor Group jumps $2.30 to a new record
Sagicor Group ended at a record close on Friday of $30.
The market closed with reduced volume and value from the previous day with advancing stocks beating declining stocks almost 3 to 1 but the main market indices fell but the junior index hit a new record high.
The All Jamaica Composite Index dropped by 935.46 points, to close at 202,189.66 to be up by 21 percent for the year to date. The JSE Market Index lost 836.47 points to finish at 185,168.07. The JSE combined index declined by 350.93 points to close at 197,951.50, with gain for the year to date, of 25 percent.
Market activity ended with 37 securities changing hands, at the close, the prices of 19 stocks gained while 7 declined in the overall market, including 7 stocks rising and 3 falling, in the junior market.
At the close with 4,431,672 units valued at $71,950,263 changed hands, compared to 2,742,916 units valued at $409,709,133 changing hands on Thursday. Of the stocks traded, the junior market accounted for 587,155 units changing hands, valued at $2,533,304.
The average trade for the day in the main market ended at 167,153 shares compared to an average of 85,825 units traded on Thursday. The average for the month to date stands at 478,937 shares compared to an average of 323,045 units for the month up to Thursday. November ended with an average of 208,466 units.IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 12 stocks with bids higher than their last selling prices and 2 with lower offers. Some notable stocks with bids above the last sale price are Jamaica Broiler with a bid of $14.50 versus the last price of $14.08, Pan Jam with a bid of $30 versus the last price of $27 and Seprod with a bid of $29.80 with a last sale of $27.50.
In market activity, Berger Paints traded 8,109 shares and gained 1 cent to end at $5.60, Barita Investments traded 7,628 shares to end unchanged at $5.55, Cable & Wireless rose 5 cents to low of 70 cents with 418,150 units trading, Caribbean Cement traded with a loss of $1.30 while trading 26,766 shares at $30.70. Grace Kennedy gained $1 to close at $41 with 152,861 shares changing hands, Jamaica Broilers fell 92 cents and closed at $14.08 with 21,700 shares changing hands, Jamaica Producers gained 15 cents to end at $9.15 with 1,070,390 units trading, Jamaica Stock Exchange traded 17,545 shares, to end at $5.59. JMMB Group traded 8,734 shares at $14.48, Montego Ice traded 207,650 units at $20, National Commercial Bank recovered 1 cent and ended at $49 with 57,225 shares changing hands, PANJAM Investment traded 35,259 shares and dropped $1.10 to close at $27.
Radio Jamaica traded 25,774 shares to close at $1.20 after rising 12 cents, Sagicor Group jumped $2.30 to close with 1,393,691 shares changing hands at a 52 weeks’ high of $30, Scotia Group with 41,948 shares changing hands and closed at $34. Scotia Investments rose 70 cents with 2,013 units changing hands to close at $30, Seprod closed trading at $27.50 with 82,176 shares changing hands, Supreme Ventures traded just 2,223 units to end with the price gaining 17 cents to $5.07, Proven Investments declined from 21.95 US cents to end at 21.05 US cents, with 44,930 units changing hands and JMMB Group 7.5% preference share traded 200,000 units to close at $1.08.
Juniors jump to all-time high – Friday
New high of $18.60 for Cargo Handlers on Friday.
At the close, the prices of 7 stocks rose, 3 declined with 14 securities trading, compared to 8 trading on Thursday. Volume of stocks traded fell on Friday by 54 percent, from Thursday’s level, ending with 587,155 units changing hands, valued at $2,533,304, slipped by 58 percent from $6,029,065 on Thursday.
Market activities ended with 5 securities closing with bids higher than their last selling prices and none ending with a lower offer.
An average of 41,940 units with an average value of $180,950 units traded, compared to 160,486 units with an average value of $753,633 on the preceding trading day.
The average for December to date is 133,892 units, at an average of $667,008. The average for December to Thursday is 139,639 units, at an average of $697,387. November ended with an average of 109,679 units with an average value of $607,092.CAC 2000 traded 1,706 shares at $4.30, Cargo Handlers jumped $2.60 to a new high of $18.60 to with 26,121 units changing hands, Caribbean Cream had 4,194 units being exchanged at $8, Caribbean Producers traded 271,466 units at $3.50, Consolidated Bakeries had 18,800 units changing hands to close with a rise of 24 cents at $2.10. Derrimon Trading gained 80 cents and ended at $4.80 with 87,710 shares changing hands, Dolphin Cove lost $1 with 185 units
changing hands closed at $14. Honey Bun had 805 shares changing hands to close at $6 after rising 30 cents. Jetcon Corporation lost 1 cent to close at $5.88 with 2,450 shares trading, Key Insurance closed with 2,980 shares trading at $2.60. Lasco Distributors ended with 6,500 units trading with a gain of 25 cents at $6.75, Lasco Financial rose 15 cents with 160,289 shares changing hands, to end at $3.25, Lasco Manufacturing gained 18 cents and ended at $4.98, after 700 units switched hands and Paramount Trading exchanged 3,249 units at $3.
Investors push Derrimon stocks up sharply – Friday
The Jamaica Stock Exchange, is seeing sparse trading, ahead of the Christmas holidays Thursday’s well below levels, leading to falls in the market indices in the morning session on Friday.
Investors pushed Derrimon Trading by 80 cents to $4.80 with 87,710 following the company’s report on Thursday that it will be making prepayment for 23,379,208 stock units in Caribbean Flavours. When purchased, Derimon would become the parent company having had just under 50 percent of the shares currently. This would require an offer being made to minority shareholders.
Market activity was moderate, resulting in only 20 securities trading at 10:45 am, compared to 15 on Thursday. A total of 9 securities advanced and 5 declined, resulting in a volume of 272,207 shares changing hands, carrying a value of $4,538,567, compared 904,871 shares changing hands, carrying a value of $7,114,541 on Thursday. The average number of shares traded, amount to 13,610 units versus 60,325 units on Thursday.
The all Jamaica Composite Index slipped 728.63 points to 202,396.49, the Jamaica Stock Exchange Market Index shed 651.53 points to 185,353.01, the Jamaica Stock Exchange combined index lost 556.28 points to be at 197,746.15 and the junior market index rose 4.66 to 2,516.51.
JPS preference share jumps $36 to $1,283
JPS preference share was the biggest mover on Thursday.
The market closed with reduced volume and value from the previous day with price changes, equally split between rising and declining stocks.
The All Jamaica Composite Index inched up by 147.22 points, to close at 203,125.12 to be up by 21 percent for the year to date. The JSE Market Index gained 131.64 points to finish at 186,004.54. The JSE combined index declined by 57.36 points to close at 198,302.43, with gain for the year to date, of 25 percent.
Market activity ended with just 25 securities changing hands, at the close, the prices of 8 stocks gained while 8 declined in the overall market, including 1 stocks rising and 4 falling, in the junior market.
At the close with 2,742,916 units valued at $409,709,133 changed hands, compared to 29,273,598 units valued at $1,131,638,942 changing hands on Wednesday. Of the stocks traded, the junior market accounted for 1,283,884 units changing hands, valued at $6,029,065.
The average trade for the day in the main market ended at 85,825 shares compared to an average of 1,205,881 units traded on Wednesday. The average for the month to date stands at 478,937 shares compared to an average of 872,049 units for the month up to Wednesday. November ended with an average of 208,466 units.IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 17 stocks with bids higher than their last selling prices and 4 with lower offers.
In market activity, Grace Kennedy fell 99 cents to close at $40 with 248,497 shares changing hands, Jamaica Broilers rose 50 cents and closed at $15 with mere 317 shares changing hands, Jamaica Producers gained 50 cents to end at $9 with 137,243 units trading, Jamaica Stock Exchange traded 3,728 shares, to end at $5.59. JMMB Group traded 3,328 shares at $14.48, Kingston Wharves ended trading 800 shares to close at $19.70 after adding 30 cents, National Commercial Bank lost 1 cent and ended at $48.99 with 5,274 shares changing hands,
PANJAM Investment traded 2,377 shares and jumped 65 cents to close at a 52 weeks high of $28.10. Sagicor Group lost 10 cents to close with 149,513 shares changing hands, Sagicor Real Estate Fund traded 29,309 units to close with a gain of 49 cents at $11.49, Scotia Group with 21,945 shares changing hands and closed at $34. Scotia Investments dropped $4.10 with 1,828 units changing hands to close at $29.30, Seprod closed trading at $27.50 with 2,200 shares changing hands, Supreme Ventures traded 500,000 units to end with the price falling 12 cents at $4.90 and Proven Investments declined from 22 US cents to end at 21.95 US cents, with 53,485 units changing hands.
Juniors retreat again on Thursday
The junior market index lost ground on Thursday, as advancing stock were edged out by declining ones pulling the market index down by 17.45 points to end at 2,511.85 points with a 40 percent increase for the year to date.
At the close, the prices of 3 stocks rose, 4 declined with 8 securities trading, compared to 16 trading on Wednesday. Volume of stocks traded rose on Thursday by 286 percent, from Wednesday’s level, ending with 1,283,884 units changing hands, valued at $6,029,065, up 284 percent from $1,568,652 on Wednesday.
Market activities ended with 8 securities closing with bids higher than their last selling prices and just 1 ending with a lower offer.
The recent issue of Eppley 8.25% preference share at $6 each was listed today without any units being traded but the bid closed at $5.55.
An average of 160,486 units with an average value of $753,633 units traded, compared to 20,778 units with an average value of $98,041 on the preceding trading day. The average for December to date is 139,639
units, at an average of $697,387. The average for December to Wednesday is 138,249 units, at an average of $693,637. November ended with an average of 109,679 units with an average value of $607,092.
Cargo Handlers lost 30 cents after rising to a new high of $18.50 to close at $16 with 46,199 units changing hands, 
Caribbean Producers traded 31,110 units at $3.50, C2W Music had 7,546 units changing hands to close at 35 cents. Derrimon Trading gained 30 cents and ended at $4 with 696,000 shares changing hands, General Accident exchanged 5,000 shares and closed at $3, Honey Bun had 281,550 shares changing hands to close at $5.70 after falling 35 cents. Lasco Financial ended with 208,325 shares changing hands, for a loss of 20 cents to $3.10, Lasco Manufacturing fell 18 cents and ended at $4.80, after 15,500 units switched hands and Eppley 9.5% preference share traded just 200 units at $6.18.
Mild losses for Jamaican stocks – Thursday
The Jamaica Stock Exchange, suffered mild losses in the market indices in the morning session on Thursday. The important all Jamaica Composite Index sits just under 203,000 points compared to 204,535 in early trading on Wednesday.
Trading of note includes Supreme Ventures with 500,000 shares at $4.90, Lasco Financial Services with 208,325 units at $3.10 and Cargo Handlers traded at intraday high of $18.50 before falling back to $16 with 46,199 shares changing hands.
Market activity was moderate, resulting in only 15 securities traded at 10:45 am, compared to 22 on Wednesday at 10:45 am. A total of 3 securities advanced and 5 declined, resulting in a volume of 904,871 shares changing hands, carrying a value of $7,114,541, compared 488,203 shares changing hands carrying a value of $11,897,071 on Wednesday. The average number of shares traded, amount to 60,325 units versus 22,191 units on Wednesday.
The all Jamaica Composite Index slipped 81.33 points to 202,896.57, the Jamaica Stock Exchange Market Index shed 72.73 points to 185,800.17, the Jamaica Stock Exchange combined index lost 80.79 points to be at 198,279.00 and the junior market index pulled back 1.30 to 2,528.00.
Jamaican stocks pull back from record
Sagicor Group closed at a 52 weeks’ high on Thursday on the JSE.
The All Jamaica Composite Index closed with a fall of 205.12 points at 202,977.90 to be up by 21 percent for the year to date. The JSE Market Index dropped 183.41 points to finish at 185,872.90. The JSE combined index declined by 351.05 points to close at 198,359.79, with gain for the year to date, of 25 percent.
Market activity ended with 40 securities changing hands, at the close, the prices of 10 stocks gained while 17 declined in the overall market, including 3 stocks rising and 4 falling, in the junior market.
At the close with 29,273,598 units valued at $1,131,638,942 changed hands, compared to 22,971,772 units valued at $146,022,777 changing hands on Tuesday. Of the stocks traded, the junior market accounted for 332,445 units changing hands, valued at $1,568,652.
The average trade for the day in the main market ended at 1,205,881 shares compared to an average of 728,789 units traded on Tuesday. The average for the month to date ends at 872,049 shares compared to an average of 538,216 units for the month up to Tuesday. November ended with an average of 208,466 units.IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 11 stocks with bids higher than their last selling prices and 6 with lower offers.
In market activity, Barita Investments traded 7,628 shares to end unchanged at $5.55, Cable & Wireless fell 5 cents to a 52 weeks’ low of 65 cents with 260,217 units trading, Caribbean Cement traded with a loss of $1.19 while trading 1,700 shares at $32, Carreras lost 25 cents in exchanging 12,795 shares to close at $66. Investors traded 19,691 shares of 1834 Investments to close with a rise of 1 cent at $1.16, Grace Kennedy gained 98 cents to close at $40.99 with 4,020 shares changing hands. Jamaica Broilers closed at $14.50 with 9,583 shares changing hands, after falling 41 cents, Jamaica Producers lost 71 cents to end at $8.50 with 949,034 units trading, Jamaica Stock Exchange traded 999 shares, to end at $5.59 after falling by a cent, JMMB Group traded 11,569 shares and gained 47 cents to close at $14.48. Kingston Wharves ended trading 27,322 shares to close at $19.40 after slipping 20 cents, Mayberry Investments ended trading with 22,609 shares, to close with a rise of 70 cents at $5.50, National Commercial Bank ended at $49 with 17,096,730 shares changing hands, PANJAM Investment traded 1,173,845 shares but fell 5 cents to close at $27.45. Radio Jamaica lost 12 cents to close at $1.08 with 34,484 shares trading.
Sagicor Group closed with 8,850,415 shares changing hands, 30 cents higher at a 52 weeks’ closing high of $27.80, Sagicor Real Estate Fund traded 159,673 units to close with a gain of 5 cents at $11, Scotia Group lost 90 cents with 63,901 shares changing hands and closed at $34. Scotia Investments dropped $4.10 with 1,828 units changing hands to close at $29.30, Seprod lost $2.50 to close trading at 27.50 with 37,856 shares changing hands, Supreme Ventures traded 117,534 units to end with a rise of 2 cents at $5.02 and Proven Investments declined from 22 US cents to end at 21.95 US cents, with 72,620 units changing hands.