Juniors suffer small fall – Wednesday

The junior market declined moderately on Wednesday with just 9 securities changing hands as trading ended with 1,960,611 units, valued at $11,818,736 changing hands. At the close 3 stocks roseJM sum 17-8-16 while 3 declined with one closing at new highs. The market index fell 7.61 points to close at 2,230.46.
At the end of trading 7 stocks closed with bids higher than their last selling prices and 3 ended with lower offers.
At the close, Caribbean Cream had 418,620 shares changing hands, but fell 5 cents to close at $7, Consolidated Bakeries traded 81,150 units to end at $2.50, C2W Music traded 11,000 shares and lost 2 cent to end at 28 cents, Honey Bun had 38,815 shares changing hands with a gain of 1 cent, to close at $5.60. JM Trdng Sht 17-8-16Jamaican Teas traded 3,286 units to close at $3.80, Jetcon Corporation traded 326,248 shares and gained 30 cents to close at $3, following the company’s six months’ results, showing strong gains in profit over the 2015 period. Lasco Distributors ended with 1,054,718 shares changing hands at $7, Lasco Financial gained 10 cents while trading 13,000 units to close at $3.40 and Lasco Manufacturing closed at $4.97 with 13,774 shares trading, after falling 3 cents.

Scotia pushes JSE early Wednesday

Scotia Group stock price surged $3.42 seconds before 10:45AM with 525,810 shares trading at $32.43, after the Jamaica Stock Market indices rose modestly in early trading, but fell back modestly ahead of the Scotia Group jump. Trading on Wednesday remains moderate with only a few stocks trading reasonable volumes at this time of the day.
JSE Intra - 17-08-16Jamaica Producers Group (JPG) is the second leading trade with 486,781 units as the price rose 30 cents to $8.20, there are no JPG stock currently being offered for sale. Other noticeable trades include Cable & Wireless with 273,653 units at $1.06, Consolidated Bakeries with 48,150 shares at $2.50, after the company posted profit for the six months to June of $27 million versus $15 million in 2015 with earnings per share ending at 12 cents for the period an just 2 cents for the June quarter. Honey Bun traded 38,815 shares at $5.60 and Jetcon Corporation with 64,203 units at $2.85, with a 15 cents gain.
The market indices all fell in the main and junior markets, with 8 stocks gaining versus 6 that fell.
At 10:45 am only 19 securities traded, resulting in a volume of 1,538,095 shares changing hands. The average number of shares traded amounts to 80,952 units compared to 123,831 units on Tuesday.
The all Jamaica Composite Index surged 1,799.16 points to 180,075.01, the Jamaica Stock Exchange Market Index climbed 1,608.77 points to 162,060.85, the Jamaica Stock Exchange combined index gained 1,415.02 points to close at 173,208.97 and the junior market index lost 7.53 points to 2,230.54.

JSE falls on Tuesday

 NCB fell $1.25 to help the JSE indices fall .

NCB fell $1.25 to help the JSE indices fall .

The Jamaica Stock Exchange recorded losses in the two main indices at the end of trading on Tuesday. In the end, the prices of 17 securities gained out of a total of 41 securities that traded, with 15 declining in the overall market, including 8 stocks, rising and 4 falling from the junior market.
Trading closed with 6,763,382 units valued at $72,594,150 changing hands, in all market segments. The junior market accounted for 1,683,513 units, valued at $7,988,309 of all trades.
The JSE Market Index fell 164.30 points to end at 160,452.08, the all Jamaica Composite Index lost 183.75 points to close at 178,275.85 and a sharp rise in the prices of junior market stocks helped push the JSE combined index up by 687.44 points, to end at 171,793.95.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 11 stocks with bids higher than their last selling prices and 4 with lower offers.
JSE Sum 16-08-16At the end of market activities, Barita Investments lost 20 cents and ended trading 40,000 units, to close at $2.80, Berger Paints fell 16 cents in trading 8,500 units, to close at $5, Cable & Wireless traded 122,850 shares but gained 5 cents to close at $1.15, Caribbean Cement fell $1.49 in trading 7,350 shares to close at $25.51. Carreras rose 45 cents, in trading 171,221 shares to end at $65.50, the price of 1834 Investments gained 2 cents, in trading 62,658 shares, to end at $1.40, Grace Kennedy fell 50 cents and ended at $46 with 216,244 shares changing hands, Jamaica Broilers dropped 49 cents in trading 41,665 shares to end at $14.51. Jamaica Producers rose 10 cents to close at $8 with 6,971 units trading, Jamaica Stock Exchange had 42,200 units changing hands to close at $21.50, JMMB Group traded 2,537,927 units to end with a rise of 1 cent at $9.87. Kingston Wharves traded 8,200 shares to close at $15.55 after rising 45 cents, JSE fn qts 16-08-16Mayberry Investments gained 15 cents and ended with 10,086 shares trading to close at $4.10, National Commercial Bank had 62,942 units changing hands, to close at $40.25 after falling $1.25. Pan Jamaican Investments gained 10 cents to close at $25.30 after trading 50,062 shares, Radio Jamaica gained 5 cents to close at $1.70 after 59,429 shares changed hands, Sagicor Group fell 50 cents with 246,165 shares changing hands at $21, Sagicor Real Estate Fund traded 25,500 shares but lost 22 cents to close at $10. Scotia Group traded 11,402 shares to end at $29.01 after rising by 1 cent, Supreme Ventures closed at $4.70 with 1,232,612 shares changing hands, Proven Investments ordinary share traded 8,300 units at 19.97 US cents compared to 19.98 US cents on Monday and JMMB Group 7.50% preference share traded 87,835 units at $1.10.

Juniors make full recovery – Tuesday

ISP Finance closed at a new high on Tuesday.

ISP Finance closed at a new high on Tuesday.

The junior market dropped sharply on Tuesday with 18 securities changing hands as trading ended with 1,683,513 units, valued at $7,988,309 changing hands. At the close 8 stocks rose while 4 declined with one closing at new highs. The market index recovered 81.85 points to close at 2,238.07.
ISP Finance Services is the only stock trading at new highs on Tuesday. At the end of trading 7 stocks closed with bids higher than their last selling prices and 3 ended with lower offers.
At the close, AMG Packaging rose by 62 cents, to close with 24,500 units changing hands at $13.12, JM sum 16-8-16Cargo Handlers ended with 3,719 shares changing hands at $72, after trading at an intraday high of $72.02. Caribbean Cream had 3,030 shares changing hands, to close at $7.05, Caribbean Flavours traded 2,900 units to end at $7 with a gain of 48 cents, Caribbean Producers fell 13 cents, in trading 63,478 units to close at $3.30, Consolidated Bakeries traded 80,000 units and lost 5 cents, to end at $2.50. Derrimon Trading ended at $3.05 with 35,868 shares changing hands, General Accident had 239,266 shares changing hands to close 20 cents higher, at $2.20. Honey Bun had 84,181 shares changing hands with a gain of 6 cents, to close at $5.59, ISP Finance Services had 34,654 shares changing hands with a rise of 22 cents to end at 52 weeks’ high of $5. JM Trdng Sht 16-8-16Jamaican Teas traded 9,000 units and fell 20 cents to close at $3.80, Jetcon Corporation traded 99,225 shares and gained 1 cent to close at $2.70, after trading as high as $3. Knutsford Express closed with 176 units changing hands at $20. Lasco Distributors ended with a rise of 20 cents while 222,361 shares changed hands at $7, Lasco Financial traded 43,419 units to close at $3.30, Lasco Manufacturing closed at $5 with 705,000 shares trading, after rising 48 cents. Medical Disposables traded 28,247 shares to close at $3.50 and tTech dropped 65 cents and ended with 4,489 units changing hands at $3.85.

Juniors regain Monday’s losses

Trading levels climbed from Monday’s low level at 10:45 am with several stocks trading over 50,000 units with JJMB Group trading nearly 3 million units.
JSE Intra - 16-08-16Stocks trading at a new 52 weeks’ high are Cargo Handlers at $72.02, ISP Finance Services at $5.22. Other noticeable trades include Cable & Wireless with 105,961 units at $1.15, Caribbean Producers with 50,000 units at $3.20, Honey Bun traded 75,372 shares at $5.53, JMMB Group traded 2,537,927 units at $9.87, JMMB Group 7.50% preference share traded 87,835 units at $1.10, Jetcon Corporation with 48,827 units at $3, Lasco Distributors with 217,361 shares at $6.55, Lasco Manufacturing with 665,561 units at $5, Sagicor Group had 170,700 units at $21.50.
The market indices all fell in the main and junior markets, with 11 stocks gaining versus 11 that fell.
At 10:45 am 34 securities traded, resulting in a volume of 4,210,256 shares changing hands. The average number of shares traded amounts to 123,831 units compared to 43,230 units on Monday.
The all Jamaica Composite Index dropped 703.50 points to 177,756.10, the Jamaica Stock Exchange Market Index fell 629.05 points to 159,987.33, the Jamaica Stock Exchange combined index climbed 256.95 points to close at 171,363.46 points and the junior market index gained 81.91 points to 2,238.13.

Juniors dropped sharply – Monday

The two big Lasco companies hit the junior market index hard on Monday.

The two big Lasco companies hit the junior market index hard on Monday.

The junior market dropped sharply on Monday with 19 securities changing hands as trading ended with 1,526,008 units, valued at $8,120,692 changing hands, of which 5 stocks rose while 9 declined with 3 closing at new highs. The market index dived 80.25 points to close at 2,156.22, with Lasco Distributors and Lasco Manufacturing had sizable falls.
Stocks trading at new highs are Blue Power, Cargo Handlers and Paramount Trading. At the end of trading 6 stocks closed with bids higher than their last selling prices and 3 ended with lower offers.
JM sum 15-8-16At the close, Blue Power rose by 50 cents, to close with 765 units changing hands at an all-time high of $17, CAC 2000 traded 5,000 shares but fell 40 cents, to close at $6, Cargo Handlers jumped $4 and ended with 1,500 shares changing hands, at an all-time high of $72. Caribbean Cream lost 25 cents with 2,500 shares changing hands, to close at $7.05, Caribbean Producers fell 2 cents, in trading 11,065 units at $3.43, Consolidated Bakeries traded 26,500 units, to end at $2.55, General Accident had 88,928 shares changing hands to close 8 cents lower, at $2. Honey Bun had 115,709 shares changing hands with a loss of 17 cents, to close at $5.53, Iron Rock Insurance traded 4,768 units and fell 2 cents to close at $3.28, ISP Financial Services had 800 shares changing hands with a loss of 15 cents to end at $5. JM Trdng Sht 15-8-16Jetcon Corporation traded 37,411 shares at $2.69, Key Insurance traded 75,413 units to close at $2.50, Knutsford Express closed with 19,324 units changing hands at $20 after rising by 75 cents. Lasco Distributors ended with a loss of 20 cents while 646,920 shares changed hands at $7, Lasco Financial traded 155,762 units and gained 4 cents to close at $3.30, Lasco Manufacturing closed at $4.52 with 330,420 shares trading, but lost 43 cents. Medical Disposables traded 2,700 shares to close at $3.50, Paramount Trading climbed 60 cents to end with 123 shares changing hands at a new high of $12.10 and tTech ended with 400 units changing hands at $4.50.

JSE stocks end with gains – Monday

Exchange place The Jamaica Stock Market main market made gains in the two main indices at post losses at the end the close of trading on Monday. At the end of trading with the prices of 14 securities gaining out of a total of 46 securities that traded, with 19 declining in the overall market, including 5 stocks, rising and 9 falling from the junior market.
Trading closed with a volume of 3,417,026 units valued at $37,563,031 changing hands, in all market segments. The junior market accounted for 1,526,008 units traded, valued at $8,120,692 of all trades.
The JSE Market Index climbed 531.05 points to end at 160,616.38, the all Jamaica Composite Index gained 593.90 points to close at 178,459.60 and a sharp fall in the prices of junior market stocks pressured the JSE combined index in losing 330.86 points, to end at 171,106.51.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the JSE Sum 15-08-16Investor’s Choice bid-offer indicator reading showed 11 stocks with bids higher than their last selling prices and 4 with lower offers.
At the end of market activities, Barita Investments ended trading with 396,428 units, to close at $3, Berger Paints climbed 36 cents in trading 3,766 units, to close at $5.16, Cable & Wireless traded 156,837 shares but lost 5 cents to close at $1.10, Caribbean Cement fell 99 cents in trading 5,403 shares to close at $27. Carreras fell $1.22, in trading 5,028 shares to end at $65.05, the price of 1834 Investments gained 3 cents, in trading 43,192 shares, to end at $1.38, Grace Kennedy ended at $46.50 with 210,612 shares changing hands, Jamaica Broilers dropped 54 cents in trading 1,720 shares to end at $15. Jamaica Producers dropped 30 cents to close at $7.90 with 87,115 units trading, Jamaica Stock Exchange had just 300 units changing hands to close at $21.50, JMMB Group traded 162,686 units to end at $9.86. JSE fn qts 15-08-16 Kingston Wharves traded 37,739 shares to close at $16 after rising 45 cents, Mayberry Investments ended with 5,937 shares trading to close at $3.95, National Commercial Bank had 111,022 units changing hands, to close at $42 after falling 50 cents. Pan Jamaican Investments lost 10 cents and closed at $25.20 after trading 7,635 shares, Radio Jamaica fell 8 cents to close at $1.65 after 70,322 shares changed hands, Sagicor Group rose 5 cents with 79,743 shares changing hands at $21.50, Sagicor Real Estate Fund traded 500 shares but gained 22 cents to close at $10.22. Scotia Group traded 26,125 shares to end at $29 after rising by $1.90, Supreme Ventures loss 10 cents to $4.70 with 221,427 shares changing hands, Proven Investments ordinary share traded 210,900 units at 19.98 US cents.

Olympics affects trading on JSE – Monday

Trading levels declined sharply and may well be attributable to the Olympic activities with the volume of each stock traded being unusually low with none trading over 13,000 units up to 10:45 am. JSE Intra - 15-08-16Trading picked up subsequently with more securities changing hands with increased volumes. Elsewhere, Access Financial Services Unsecured Variable Rate Note Due 2020 was listed on the Exchange on Monday.
Berger Paints climbed 36 cents to $5.16, Blue Power rose by 50 cents to a new high of $17, Carib Cement fell 45 cents to $27.54, Grace Kennedy fell $1.50 to $45 and Scotia Group jumped $2.10 to $29.20. Lasco Distributors fell 25 cents to $6.75 and Lasco Manufacturing lost 44 cents to $4.51.
The market indices all fell in the main and junior markets, with 11 stocks gaining versus 9 that fell.
At 11:05 am 33 securities traded, resulting in a volume of 1,426,600 shares changing hands. The average number of shares traded amounts to 43,230 units compared to 167,184 units on Friday.
The all Jamaica Composite Index gained 794.76 points to 178,660.46 the Jamaica Stock Exchange Market Index rose 710.66 points to 160,795.99 the Jamaica Stock Exchange combined index fell 73.07 points to close at 171,364.30 points and the junior market index lost 71.36 points to 2,165.11.

Scotia drops to $26.50 on JSE – Friday

Scotia Group dropped $2.95 to close at $27.10 on Friday.

Scotia Group dropped $2.95 to close at $27.10 on Friday.

The Jamaica Stock Market main market reversed the gains in the main market indices in the morning session, to post losses at the end of trading on Friday. At the end of trading with the prices of 17 securities gaining out of a total of 41 securities that traded, with 16 declining in the overall market, including 4 stocks, rising and 6 falling from the junior market.
The highlight for the day was a decline in Scotia Group that decline as low as $26.50 after trading as high as $30.50 earlier in the day and a new closing high For Grace Kennedy at $46.50.
Trading closed with a volume of 8,091,772 units valued at $189,128,218 changing hands, in all market segments. The junior market accounted for 1,111,273 units traded, valued at $85,439,536 of all trades.
The JSE Market Index slipped by 47.45 points to end at 160,085.33, the all Jamaica Composite Index declined by 53.06 points to close at 177,865.70 and the JSE combined index gained 241.72 points, to end at 171,437.37.
JSE Sum 12-08-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 12 stocks with bids higher than their last selling prices and 3 with lower offers.
At the end of market activities, Barita Investments gained 30 cents and ended trading with 10,000 units, to close at $3, Berger Paints climbed 25 cents in trading 6,200 units, to close at $4.80. Cable & Wireless traded 3,489,351 shares but lost 15 cents to close at $1.15, after the company posted a higher loss, in the first quarter to June, compared with the 2015 quarter. Caribbean Cement jumped $1.99 and traded 40,612 shares to close at $27.99. Carreras climbed $1.27, in trading 4,658 shares to end at $66.27, the price of 1834 Investments fell 1 cent, in trading 11,417 shares, to end at $1.35, Grace Kennedy jump $3.50 and ended at a new 52 weeks’ closing high of $46.50 with 1,444,035 shares changing hands. Jamaica Broilers gained 54 cents in trading 80,032 shares to end at $15.54, Jamaica Producers gained 1 cent to close at $8.20 with 34,372 units trading, Jamaica Stock Exchange lost 50 cents with 107,756 units changing hands to close at $21.50, JMMB Group traded 4,701 units and rose 1 cent to end at $9.86. Mayberry Investments ended with 8,863 shares trading to close at $3.95 for a gain of 35 cents, JSE fn qts 12-08-16National Commercial Bank had 319,018 units changing hands, to close at $42 after falling 2 cents. Pan Jamaican Investments lost 20 cents and closed at $25.30 after trading 4,659 shares, Radio Jamaica rose 1 cent to close at $1.57 after 2,321 shares changed hands, Sagicor Group rose 45 cents with 45,612 shares changing hands at $21.45, Sagicor Real Estate Fund traded 15,000 shares but fell 22 cents to close at $10. Scotia Group traded 356,705 shares to end at $27.10 after dropping sharply by $2.95, Supreme Ventures loss 10 cents to $4.80 with 174,506 shares changing hands, JMMB Group 7.50% preference share traded 780,800 units at $1.10 and Jamaica Money Market Brokers 7.25% preference share traded 22,063 units at $2.40.

Eppley’s dominance – Friday

New high for Eppley

Big $79M trade for Eppley

The junior market rose on Friday with 16 securities changing hands, but Eppley dominated trading with 121,667 shares trading unchanged at $650, carrying a value of $79,083,550. Cargo Handlers lost $2 in trading 6,725 shares to close at $68 after first trading at an intraday high of $70.01. The market index gained 27.85 points to close at 2,236.47.
Trading ended with 1,111,273 units traded, valued at $85,439,536, of which 4 stocks rose while 6 declined.
At the end of trading 6 stocks closed with bids higher than their last selling prices and 2 ended with lower offers.
JM sum 12-8-16At the close of trading, Caribbean Cream lost 70 cents with 41,750 shares changing hands, to close at $7.30, Caribbean Flavours traded 3,993 units to close with a loss of 48 cents at $6.52. Caribbean Producers fell 5 cents, in trading 30,015 units at $3.45, Consolidated Bakeries traded 6,262 units, to end at $2.55, General Accident had 30,000 shares changing hands to close 1 cent lower, at $2.08. Honey Bun had 10,050 shares changing hands with a gain of 25 cents, to close at $5.70, Jamaican Teas traded 25,618 units and rose by 50 cents to end at $4. JM Trdng Sht 12-8-16Jetcon Corporation traded 56,590 shares at $2.69, Knutsford Express closed with 6,700 units changing hands at $19.25 after rising by 25 cents. Lasco Distributors ended with 592,109 shares changing hands at $7, Lasco Financial traded 26,419 units and gained 1 cent to close at $3.26, Lasco Manufacturing closed at $4.95 with 61,972 shares trading, but lost 5 cents. Medical Disposables traded 83,038 shares to close at $3 and Derrimon Trading preference share, ended with 8,365 units changing hands at $2.10.