All Jamaica settles above 200,000

The Jamaica Stock Exchange All Jamaica Composite index jumped by more than 2,663 points by 10 o’clock to exceed the 201,000 points mark for the first time. The index fell back to sit just above the 200,000 market with Sagicor Group falling from an opening high of $27 to $25.81 but Caribbean Cement climbed to $36 and along with a rise in the prices of Grace Kennedy and Scotia Group provided support.
ICI trd sht int -7-12-16The major contributors to the volume traded are Jamaica Producers, traded 204,882 shares at $8.72 up 70 cents, Cable & Wireless traded 183,500 shares at 80 cents, Jamaica Broilers with 203,291 shares trading at $15 and Radio Jamaica with 100,000 units at $1.40.
Market activity resulted in of 29 securities being traded compared to 24 on at Tuesday. At 10:55am 12 stocks advanced and 8 fell, resulting in a volume of 939,255 shares changing hands carrying a value of $9,669,822, compared with 1,808,925 shares changing hands carrying a value of $4,734,890, on Tuesday. The average number of shares traded, amount to 32,388 units versus mere 75,372 units on Tuesday.
The all Jamaica Composite Index jumped 1,525.20 points to 200,553.69 the Jamaica Stock Exchange Market Index climbed 1,363.82 points to 183,392.78, the Jamaica Stock Exchange combined index garnered 924.99 points to close at 194,954.47 and the junior market index dropped 33.06 points to end at 2,421.74.

JSE AJ index hits 201,000 points

Bulls pushing  Jamaica Stock Exchange.

Bulls pushing Jamaica Stock Exchange.

In early trading on the Jamaica Stock Exchange on Wednesday with only a hand full of stocks trading, the all Jamaica Composite Index surged by more than 2,000 points at 9:40 to an all-time record high.
Sagicor Group hit a new high of $27 to help push the main market indices but Caribbean Cement also moved up resulting in the all Jamaica Composite Index jumped 2,178.48 points to 201,206.97 the Jamaica Stock Exchange Market Index climbed 1,947.95 points to 183,976.92, the Jamaica Stock Exchange combined index garnered 1,771.29 points to close at 195,800.77, the junior market index slipped a bit.
At 10 o’clock, the all Jamaica Composite Index moved up further by 2,663.70 points to 201,692.19, for gains of 20.5 percent for 2016 to date.

All Jamaica Index rose to 199,889 – Tuesday

Jamaica Producers traded at new high on Tuesday at $9.25.

Jamaica Producers traded at new high on Tuesday at $9.25.

The all Jamaica Composite index of the Jamaica Stock Exchange went within 111 points of the 200,000 level in the morning session and having hit an intraday high of just over 199,889 points. The index closed with a marginal decline at the close of trading.
At the close the All Jamaica Composite Index slipped 31.43 points to end at 199,028.49, the index recorded gains of 18.9 percent for the year to date. The JSE Market Index lost 28.11 points to finish at 182,028.97. The JSE combined index rose 191.18 points to end at another record high of 194,029.48, with a gain for the year to date of 22.6 percent.
Trading ended with 35 securities changing hands, the prices of 17 stocks gained while 10 declined in the overall market, including 7 stocks rising and 2 falling, in the junior market. At the close with 6,289,353 units valued at $38,568,115 changed hands, compared to 11,768,589 units valued at $284,841,323 changing hands on Monday. The junior market accounted for 3,836,924 units changing hands, valued at $18,753,528 of the stocks traded.
ICI JSE sum 6-12-16 The average trade for the day in the main market ended at 106,627 shares compared to an average of 469,718 units traded on Monday with the average for the month to date being 237,896 units compared to 369,165 units for the month up to Monday. 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, Berger Paints gained 50 cents to close at $5.60 with 12,871 shares trading, Cable & Wireless remained firm in trading 639,564 units to close at 80 cents, Caribbean Cement fell 89 cents in trading 58,206 shares to close at $31.11, Jamaica Broilers ended trading with 12,399 units, to close at $14.90. Jamaica Producers closed with a gain of 20 cents at $8.50 with 126,466 shares changing hands, but traded at a new intraday 52 weeks’ high of $9.25. Jamaica Stock Exchange traded 16,500 shares, to end at $5.40, ICI JSE fnqts 6-12-16 Margaritaville Turks fell 2 cents with 3,200 shares trading, to close at 23 US cents.Mayberry Investments ended trading in 50,300 shares, to close at $3.88, after losing 20 cents, National Commercial Bank shed 15 cents and ended at $49.50 with 15,961 shares changing hands, Radio Jamaica rose 10 cents in trading just 1,181 units, to close at $1.40, Sagicor Group closed with 19,204 shares changing hands at $26, Scotia Group dropped $1.73, with 329,592 shares changing hands, to close at $33.27. Scotia Investments climbed 90 cents with 16,385 units changing hands, to close at $33.90, Seprod jumped $2 to end at $29 with 18,636 shares being swapped by investors, Supreme Ventures ended at $4.80 with 123,515 units changing hands and JMMB Group 7.50% preference share, closed with 972,825 units changing hands at $1.08, after gaining 2 cents.

Juniors record 7 gains on Tuesday

New high for Cargo Handlers on Tuesday.

New high for Cargo Handlers on Tuesday.

The junior market made more gains at the close of trading on Tuesday resulting in the market index gaining 21.14 points to end at 2,454.80 and is up 37 percent for the year.
At the close the prices of 7 stocks rose and 2 declined with 12 securities trading, compared to 13 on Monday.
Stocks traded, rose on Tuesday by 298 percent, from Monday’s level, ending with 3,836,924 units changing hands, valued at $18,753,528, up 304 percent from $4,640,109 on Monday.
Market activities ended with 7 securities closing with bids higher than their last selling prices and just 4 ending with lower offers.
An average of 319,744 units with an average value of $1,562,794 traded, compared to 74,236 units with an average value of $356,931 on the preceding day.ICI Jm sum 6-12-16 The average for December to date is 173,888 units at an average of $794,408. The average December to Monday is 125,269 units at an average of $538,279. The average for November is 109,679 units with an average value of $607,092.
The stock split into 150 stock units for Eppley ordinary stock is yet to attract any offers even after the bid had risen to $6.95, compared to the adjusted last traded price of $4.90.
In trading activity, Access Financial Services traded 9,000 and close with a gain of 50 cents at $21, Cargo Handlers rose by 50 cents with 1,000 units trading at a 52 weeks’ high of $13, Caribbean Flavours traded 11,285 units to end at $9 with a gain of 1 cent. Caribbean Producers had 16,150 units changing hands to end at $3.30, C2W Music rose 3 cents with 1,000 shares changing hands at 29 cents,ICI Jm trd Sht 6-12-16 Honey Bun had 18,531 shares changing hands to close with a gain of 30 cents at $6, Jetcon Corporation gained 35 cents, to close at a 52 weeks’ high of $6, with 50,100 shares. Key Insurance rose 37 cents in trading 1,000 units to close at $2.87, Lasco Distributors had 104,343 shares changing hands at $6.60, Lasco Financial ended with 34,094 shares being exchanged at $3.25. Lasco Manufacturing lost 15 cents and ended at $4.55 with 3,588,543 shares changing hands and Paramount Trading lost 10 cents while 1,858 shares traded to close at $3.70.

All Jamaica climbs to 199,889

The Jamaica Stock Exchange All Jamaica Composite index rose but has so far failed to pass the 200,000 points landmark in early Tuesday morning trading, sitting just 111 points away. The junior market lags below the performance of the main market with a moderate increase in early trading.
Contributing to the rise in the index are gains in Caribbean Cement that is up 50 cents to $32.50, Jamaica ICI trd sht int -6-12-16Producers, traded 4,000 shares at $9 up 70 cents and Seprod climbed $1 to $28. Cable & Wireless traded 563,477 shares at 80 cents, Supreme Ventures had 123,195 units trading at $4.71, JMMB Group 7.50% traded 972,825 units at $1.08.
Trading in the rest of the market was moderate with a total of 24 securities traded compared to 25 on at 11 o’clock on Monday. At 10:30 am 7 stocks advanced and 7 fell, resulting in a volume of 1,808,925 shares changing hands carrying a value of just $4,734,890, compared with 387,831 shares changing hands carrying a value of $5,004,074, on Monday. The average number of shares traded, amount to 75,372 units versus mere 18,468 units on Monday.
At 10:30 the all Jamaica Composite Index jumped 804.45 points to 199,864.37 the Jamaica Stock Exchange Market Index climbed 719.32 points to 182,776.40, the Jamaica Stock Exchange combined index garnered 699.87 points to close at 194,538.17 and the junior market index rose 3.19 points to end at 2,436.85.

All Jamaica 940 points shy of 200,000 milestone

Caribbean Cement jumped $4 on news of a bid to acquire majority shares in TCL by Cemex.

Caribbean Cement jumped $4 on news of a bid to acquire majority shares in TCL by Cemex.

The all Jamaica Composite index of the Jamaica Stock Exchange jumped sharply to record another closing high as the index surged nearly 2,500 points in Monday’s market activity leaving it 940 points shy of the significant 200,000 milestone as the index recorded gains of 18.9 percent for the year to date.
At the close the All Jamaica Composite Index ballooned 2,488.84 points to end at 199,059.92, the JSE Market Index climbed 2,225.47 points to finish at a record closing high of 182,057.08. The JSE combined index surged 2,164.39 points to end at another record high of 193,838.30, with a gain for the year to date of 22.5 percent.
Trading ended with 36 securities changing hands, the prices of 14 stocks gained while 9 declined in the overall market, including 7 stocks rising and 2 falling, in the junior market.
At the close with 11,768,589 units valued at $284,841,323 changed hands, compared to 7,589,638 units valued at $60,202,318 changing hands on Friday. The junior market accounted for 965,067 units changing hands, valued at $4,640,109 of the stocks traded.ICI JSE sum 5-12-16
The average trade for the day in the main market ended at 469,718 shares compared to an average of 352,582 units traded on Friday with the average for the month to date being 369,165 units and 268,613 for December to Friday, with November ending 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 5 with lower offers.
In market activity, Berger Paints lost 24 cents to close at $5.10 with 4,460 shares trading, Cable & Wireless rose 4 cents in trading 28,700 units to close at 80 cents, Caribbean Cement jumped $4 in trading 97,724 shares to close at $32, Grace Kennedy dropped $1.49, ended trading with 151,174 units to close at $40. Jamaica Producers closed at $8.30 with 31,128 shares changing hands, Jamaica Stock Exchange traded 143,182 shares, to end at $5.40, JMMB Group traded 230,720 units and rose 5 cents to end at $13.65,ICI JSE fnqts 5-12-16 Kingston Wharves ended trading 46,195 shares to close at $19. Margaritaville Turks rose 2 cents and ended with 8,640,000 shares trading, to close at 24.9 US cents. National Commercial Bank gained 15 cents and ended at $49.65 with 35,484 shares trading, PANJAM Investment traded 99,553 units at $23.25, after falling $1.25, Radio Jamaica lost 10 cents in trading 22,753 units to close at $1.30, Sagicor Group gained 25 cents with 51,353 shares changing hands at $26. Scotia Group jumped $1.90 with 344,599 shares changing hands to close at $35, Scotia Investments climbed 50 cents with 2,000 units changing hands to close at $33, Supreme Ventures fell 10 cents and ended at $4.80 with 10,400 units changing hands, Proven Investments traded 60,000 shares at 18.55 US cents and JMMB Group 7.50% preference share closed with 796,887 units changing hands at $1.06.

Juniors inch up on Monday

JM Sign The junior market index inched up by the end of trading on Monday resulting in the market index gaining 9.79 points to end at 2,433.66.
At the close the prices of 4 stocks rose and 4 declined with 13 securities trading, compared to 12 on Friday. The movement in the junior market index puts the gain for the year to date, at 36 percent.
Stocks traded, rose on Monday by 8 percent, from Friday’s level, ending with 965,067 units changing hands, valued at $4,640,109, up 62 percent from $2,867,579 on Friday.
Market activities ended with 7 securities closing with bids higher than their last selling prices and just 3 ending with lower offers.
ICI Jm sum 5-12-16An average of 74,236 units with an average value of $356,931 traded, compared to 74,215 units with an average value of $238,965 on the preceding day. The average for December to date is 125,269 units at an average of $538,279. The average for December to Friday is 150,785 units at an average of $628,952. The average for November ended at 109,679 units with an average value of $607,092.
The stock split into 150 stock units for Eppley ordinary share, is yet to attract any offers even after the bid had risen to $6.91 compared to the adjusted last traded price of $4.90.
In trading activity, Caribbean Cream traded 69,747 units and rose by 40 cents to close at $7.50, Caribbean Flavours traded 1,630 units to end at $8.99 with a gain of 44 cents, Caribbean Producers fell 20 cents with 510,000 units changing hands to end at $3.30. Honey Bun had 105,000 shares changing hands to close with a loss of 13 cents at $5.70, Jamaican Teas traded 12,252 shares to close at $4.10, ICI Jm trd Sht 5-12-16Jetcon Corporation traded with a loss of 10 cents, to close at $5.65, with moderate volume of 10,000 shares. Key Insurance traded 28,471 units to close at $2.50, Knutsford Express saw trading in 20,164 shares at $20, Lasco Distributors loss 20 cents after 145,442 shares changed hands at $6.60, Lasco Financial gained 5 cents and ended with 19,958 shares changing hands at $3.25. Lasco Manufacturing ended at $4.70 with a mere 770 shares changing hands Paramount Trading gained 10 cents while 5,979 shares traded, to close at $3.80 and tTech ended with 35,654 units changing hands at $5.50.

Record high of 198,821 for JSE

Stocks on the main market of the Jamaica Stock Exchange hit new all-time high in early morning trading with the All Jamaica Composite Index sitting 1,180 points away from the 200,000 points while the JSE market index sits at 181,843.
The junior market lags well below the performance of the main market with a moderate increase. Contributing to the ICI trd sht int -5-12-16steep rise in the index are strong gains in Caribbean Cement that is up $1.50 to $29.50, JMMB Group up to $14, National Commercial bank to $29.99 and Scotia Group with an average of $34.66.
Trading in the rest of the market was moderate with a total of 25 securities traded. 10 stocks advanced and 3 fell, resulting in a volume of only 387,831 shares changing hands carrying a value of just $5,004,074, compared with 1,279,786 shares changing hands carrying a value of a $31,954,967 on Friday. The average number of shares traded, amount to a mere 18,468 units versus 51,191 units on Friday.
At 11 am the all Jamaica Composite Index jumped 2,250.08 points to 198,821.16 the Jamaica Stock Exchange Market Index climbed 2,011.97 points to 181,843.58, the Jamaica Stock Exchange combined index surged 2,063.87 points to close at 193,737.78 and the junior market index dipped 19.28 points to end at 2,443.15.

7 junior stocks rise 2 fall – Friday

 Jetcon Corporation ended at a new closing high of $5.75 on Friday to gain 155% since listing.

Jetcon Corporation ended at a new closing high of $5.75 on Friday to gain 155% since listing.

The junior market trading was dominated by trading in the shares of Lasco Financial, accounting for 84 percent of the total volume traded. In a moderate trading session the market index recovered 22.82 points to end at 2,423.87 on Friday.
At the close the prices of 7 stocks rose and 2 declined with 12 securities trading, one less than on Thursday. The movement in the junior market index left the gain for the year to date at 35 percent.
Stocks traded fell on Friday by 70 percent from Thursday’s level and ending with 890,579 units changing hands, valued at $2,867,579, down 78 percent from $13,246,216 on Thursday.
ICI Jm sum 2-12-16Market activities ended with 7 securities closing with bids higher than their last selling prices and just 2 ending with lower offers and one stock closed at a new all-time high.
An average of 74,215 units with an average value of $$238,965 traded, compared to 227,356 units with an average value of $1,018,940 on the preceding day. The average for December to date is 150,785 units at an average of $628,952. The average for November is 109,679 units with an average value of $607,092.
Eppley ordinary stock is yet to trade, after a split into 150 stock units for each one previously held.
In trading activity, Caribbean Cream traded just 446 units at $7.10, Caribbean Producers gained 30 cents with 500 units changing hands to end at $3.50, C2W Music rose 1 cent with 4,500 units changing hands to end at 26 cents, Dolphin Cove traded 150 shares ICI Jm trd Sht 2-12-16 and rose by 5 cents to end at $15.20. General Accident shed 10 cents and closed trading with 23,908 units at $2.50, Honey Bun had 4,658 shares changing hands to close at $5.83, Jamaican Teas traded 9,009 shares to close at $4.10, Jetcon Corporation traded with a gain of 50 cents to close at a new high of $5.75 with moderate volume of 7,300 shares. Key Insurance lost 5 cents in trading 63,100 shares and ended at $2.50, Lasco Distributors rose 15 cents after 7,260 shares changed hands at $6.80, Lasco Financial gained 5 cents and ended with 752,444 shares changing hands at $3.20 and Lasco Manufacturing gained 15 cents to end at $4.70 with a mere 17,304 shares changing hands.

Scotia Hits $35 in early trading

Scotia Group jumped to $35 with 868,827 units with 855,000 shares traded at $33, at the start of the trading session, its subsidiary Scotia Investments, traded with a gain of $3.50 to $32, with 61,417 units changing hands, ICI trd sht int -2-12-16while Lasco Financial traded 218,250 units at $3.15.
Trading in the rest of the market was moderate, with a total of 25 securities traded. 11 stocks advanced and 7 fell, resulting in a volume of 1,279,786 shares changing hands, carrying a value of a $31,954,967 compared with 2,917,036 shares changing hands carrying a value of a $16,055,511 on Thursday. The average number of shares traded, amount to 51,191 units versus 138,906 units on Thursday.
At 10:45 am the all Jamaica Composite Index jumped 791.94 points to 196,689.08 the Jamaica Stock Exchange Market Index climbed 708.14 points to 179,937.12, the Jamaica Stock Exchange combined index gained 479.40 points to close at 191,359.97 and the junior market index dipped 17.26 points to end at 2,383.79.