SVL trades 12m shares on JSE – Monday

Trading on the Jamaica Stock Exchange on Monday morning resulted in an unusually high level of 34 securities trading. Supreme Ventures (SVL) traded 12,014,100 shares unchanged at $4.70 to be by far the dominant trade. The closest to that is Cable & Wireless with 134,255 units at $1.26.
The bulk of the SVL trade was done between Mayberry Investments, who sold from in house inventory and Scotia JSE Intra - 8-08-16Investments, the buying broker, who bought for a combination of clients and inhouse purposes.
The market indices all rose moderately, in the main and junior markets, with 9 stocks gaining versus 9 that fell.
The all Jamaica Composite Index rose 147.69 points to 177,882.62, the Jamaica Stock Exchange Market Index climbed 132.06 points to 160,100.46 the Jamaica Stock Exchange combined index gained 144.22 points to close at 171,008.57 points and the junior market index gained 2.11 points to 2,193.31.
Trading levels at 10:45 am was low, resulting in a volume of 12,389,773 shares changing hands, excluding the SVL trade the total volume would have been only 375,673 units and the average trade would be 11,384 units. The average number of shares traded amounts to 364,405 units compared to 6,256 units on Friday.

Juniors hit with falling prices – Friday

The junior market lost moderately on Friday with 13 active securities of which 3 stocks rose and 6 declined including a drop of $2.82 in the price of Knutsford Express. The market index slipped 5.64 points to close at 2,191.20, with only 260,545 units trading, valued at $1,819,326.
JM sum 5-8-16A total of 3 stocks closed with bids higher than their last selling prices and none ended with a lower offer.
At the close, AMG Packaging traded 2,099 shares at $12.50, Caribbean Cream gained 10 cents with 7,970 shares changing hands at $7, Caribbean Flavours traded 154,637 units to end at $6.50 with a loss of 3 cents, Caribbean Producers traded 8,323 units and rose 25 cents to close at $3.50. Consolidated Bakeries lost 12 cents in trading 12,000 shares to close at $2.13, Honey Bun had 25,450 shares changing hands, to close with a gain of 5 cents, at $5.60 after the company reported sales increasing by 36 percent and profit before taxes jumping 124 percent to $38 million for the June quarter.JM Trdng Sht 5-8-16 Iron rock Insurance fell 32 cents while trading 3,000 shares to close at $3.28, KLE Group ended at $1.30 with 4,232 shares changing hands, after losing 5 cents, Knutsford Express closed with 21,500 units changing hands at $16.70, after dropping $2.82. Lasco Distributors ended with 15,784 shares changing hands at $7, Lasco Financial ended with 2,850 shares changing hands at $3.25, for a fall of 10 cents, Lasco Manufacturing closed at $5 with 2,500 shares trading and Eppley 10% preference share, traded 200 units at $6.10.

JSE stocks close down on Friday

Exchange place The Jamaica Stock Exchange main market indices declined again on Friday but well below the more than 2,000 points it fell by on Thursday. In the overall market the prices of 10 securities gained out of a total of 36 securities that traded, with 17 declining, including 3 stocks, rising and 6 falling from the junior market.
The market closed with an overall volume of 3,195,511 units valued at $184,753,798 changing hands, in all market segments. The junior market accounted for 260,545 units traded, valued at $1,819,326 of all trades.
The JSE Market Index fell 196.07 points to end at 159,968.40, the all Jamaica Composite Index sunk 219.27 points to close at 177,734.93 and the JSE combined index dived 239.78 points, to end at 170,864.35.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 6 stocks with bids higher than their last selling prices and 1 with a lower offer.
JSE Sum 5-08-16At the end of market activities, Berger Paints traded 4,558 shares to end at $4.60 after gaining 4 cents, Cable & Wireless rose 6 cents in trading 175,689 shares to close at $1.26, Caribbean Cement traded 304,801 shares to close at $25.50, Carreras gained 50 cents in exchanging 1,000 shares at $66. Trading in 1834 Investments, led to a lost of 1 cent with 16,436 shares changing hands to close at $1.20, Grace Kennedy dropped $3.30 to close at $122.70 with 3,881 shares changing hands, Jamaica Producers fell 5 cents in trading 14,200 shares to end at $8.15. Jamaica Stock Exchange had 10,000 shares trading but slipped 1 cents to close at $21.99, JMMB Group traded 1,450 units to end at $9.90, after gaining 20 cents. Kingston Wharves lost 60 cents with 8,500 units changing hands and closed at $15.40, National Commercial Bank had 66,966 units changing hands, to close with a loss of 1 cent at $42.01, Pan Jamaican traded 2,350 shares and rose 25 cents to end at $25.50. JSE fn qts 5-08-16Portland JSX traded 4,000 shares and lost 5 cents to end at $12.50, Radio Jamaica lost 5 cents to close at $1.60 after 10,400 shares changed hands, Sagicor Group had 163,785 shares changing hands at $21.50, Sagicor Real Estate Fund traded 1,080 shares to close at $10.22. Scotia Group traded 404,540 shares to end at $30.60, Scotia Investments declined by 40 cents with 16,300 units changing hands at $26.10, Supreme Ventures rose 19 cents to end at $4.70, with 200,690 units changing hands. Proven Investments rose 0.99 US cent while trading 1,035,300 units to close at 19.99 US cents and Jamaica Money Market Brokers 7.5% preference share traded 484,000 units to close at $2.09 but lost 1 cent.

Light trading on JSE – Friday

Trading of stocks on the Jamaica Stock Exchange on Friday morning was light, with just 18 securities changing hands ahead of the independence day holiday on Saturday. The market indices all rose in the main and junior markets, but declining stocks were in the ascendancyJSE Intra - 5-08-16 with only 3 stocks gaining in price versus 8 that fell.
The all Jamaica Composite Index rose 124.20 points to 178,078.40 the Jamaica Stock Exchange Market Index climbed 111.05 points to 160,275.52 the Jamaica Stock Exchange combined index gained 136.97 points to close at 171,241.10 points andthe junior market index gained 3.31 points to 2,200.15.
Trading levels at 10:45 am was low, resulting in a volume of a mere 112,608 shares changing hands. The average number of shares traded amounts to only 6,256 units compared to 33,688 units on Thursday.
Iron Rock Insurance has buying for 3,992,866 units at $3.28, Jamaica Producers Bond had an offer to sell 5,776,818 units at $1.10 and Radio Jamaica had 967,693 units offered at $1.68.

JSE reverses Wednesday’s gains

Scotia Group dropped by $1.88 on Thursday to help pull down the market index close to 2,000 points.

Scotia Group dropped by $1.88 on Thursday to help pull down the market index close to 2,000 points.

The Jamaica Stock Exchange main market indices dropped sharply on Thursday as the prices of 11 main market stocks feel included a big fall in Scotia Group price and a smaller decline in the price of National Commercial Bank. In the overall market the prices of 19 securities gained out of a total of 46 securities that traded, with 10 declining, including 9 stocks, rising and 5 falling from the junior market.
The gains enjoyed on Wednesday was almost erased as the JSE Market Index dropped 2,117.74 points to end at 160,164.47, the all Jamaica Composite Index sunk 2,368.36 points to close at 177,954.20 and the JSE combined index nosedived 1,837.75 points, to end at 171,104.13.
The market closed with an overall volume of 2,788,209 units valued at $36,729,803 changing hands, in all market segments. The junior market accounted for 910,288 units traded, valued at $3,268,885 of all trades.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 6 stocks with bids higher than their last selling prices and 4 with lower offers.
At the end of market activities, Barita Investments traded 6,000 units and gained 5 cents, to close at $3.05, JSE Sum 4-08-16Berger Paints traded 10,809 shares to end at $4.56 after gaining 1 cent, Cable & Wireless lost 5 cents in trading 126,269 shares to close at $1.20, Caribbean Cement fell 10 cents in trading 23,805 shares to close at $25.50. Carreras declined by 40 cents in exchanging 2,430 shares at $65.50. Trading in 1834 Investments, lost 18 cents with 21,816 shares changing hands to close at $1.21, Grace Kennedy dropped 99 cents to close at $126 with 11,240 shares changing hands. Jamaica Broilers ended with 157,074 shares changing hands to gain 48 cents at $15, Jamaica Producers fell 9 cents in trading 12,400 shares to end at $8.20, Jamaica Stock Exchange had 30,000 shares trading at $22, JMMB Group traded 9,931 units to end at $9.70, after gaining 20 cents. Kingston Wharves gained 47 cents with 11,940 units changing hands and closed at $16, National Commercial Bank traded 211,216 units changing hands, to close with a loss of 73 cents at $42.02, Pan Jamaican traded 5,000 shares and fell 25 cents to end at $25.25. Portland JSX traded 5,145 shares and rose 5 cents to end at $12.55, Radio Jamaica rose 5 cents to close at $1.65 after 1,820 shares changed hands, Sagicor Group lost 65 cents to end with just 5,305 shares changing hands at $21.50, JSE fn qts 4-08-16rSagicor Real Estate Fund traded 12,980 shares to close at $10.22 with a loss of 28 cents. Scotia Group dropped $1.88 while trading 32,450 shares to end at $30.60, Scotia Investments had 3,980 units changing hands at $26.50, Seprod gained 10 cents to close at $17.50 with 4,364 units changing hands, Supreme Ventures rose 1 cent to end at $4.51, with 188,423 units changing hands. Proven Investments traded 421,807 units to close at 19 US cents, JMMB Group 7.5% preference share traded 523,182 shares to close at $1.10 after falling 2 cents and Jamaica Money Market Brokers 7.5% preference share traded 24,715 shares to close at $2.09.

Juniors end with 3 new highs – Thursday

Blue Power hit a new high of $16.50 on Thursday.

Blue Power hit a new high of $16.50 on Thursday.

The junior market rose slightly on Thursday with 19 active securities of which 9 stocks rose and 5 declined. Three stocks closed at a 52 weeks’ high and one traded at an intraday low. The market index gained 12.34 points to close at 2,196.84, as a total of 910,288 units traded, valued at $3,268,885.
A total of 2 stocks closed with bids higher than their last selling prices and 3 ended with a lower offer.
At the close, Access Financial traded just 163 shares at $17.50, Blue Power Group ended with 5,000 shares changing hands with a gain of 40 cents to close at a 52 weeks’ high of $16.50, CAC 2000 had 2,589 units changing hands to close with a loss of 10 cents at $6.40.JM sum 4-8-16 Caribbean Cream closed 10 cents lower with 38,177 shares changing hands at $6.90, Caribbean Producers traded 16,000 units with at $3.25, Consolidated Bakeries gained 5 cents in trading 4,104 shares to close at a 52 weeks’ high of $2.25. C2W Music closed with a gain of 1 cent as 33,000 units changed hands to close at 30 cents, the stock traded at an intraday low of 25 cents. Dolphin Cove rose by 35 cents while 2,000 units were traded, to close at $14, Honey Bun had 47,118 shares changing hands, to close with a gain of 10 cents, at $5.55. Iron rock Insurance gained 42 cents while trading 1,000 shares to close at $3.60, ISP Finance jumped 65 cents to a new high of $5.15 with only 1,000 shares changing hands. Key Insurance traded 2,000 units at $2.60, JM Trdng Sht 4-8-16rKLE Group ended at $1.35 with 100,000 shares changing hands, after rising by 5 cents, Knutsford Express closed with 30,000 units changing hands at $19.52, after rising by 52 cents. Lasco Distributors ended with 37,152 shares changing hands at $7, Lasco Financial ended with 32,985 shares changing hands at $3.35, for a rise of 5 cents, Lasco Manufacturing lost 5 cents and closed at $5 with 88,000 shares trading. Medical Disposables traded with a loss of 35 cents to close at $3.15 with 20,000 shares changing hands and Derrimon Trading preference share, traded 449,000 units at $2.07.

Rising stocks beat out decliners

Rising stocks have the upper hand on those declining on Thursday morning, JSE Intra - 4-08-16in continuation of Wednesday’s trading, when advancing stocks beat put declining ones at the close of the market.In the process all main indices of the market rose as 11 securities rose and only 3 declined.
The all Jamaica Composite Index rose 335.53 points to 180,658.09 the Jamaica Stock Exchange Market Index climbed 300.02 points to 162,582.23 the Jamaica Stock Exchange combined index gained 504.39 points to close at 173,446.27 points andthe junior market index gained 22.04 points to 2,206.54.
Trading levels at 10:45 am was low, resulting in 23 securities changing hands and accounting for a volume of 808,516 shares. The average number of shares traded amounts to 33,688 units compared to 81,834 units on Wednesday.

Juniors end lower on Wednesday

The junior market closed down on Wednesday with as an equal number of 6 stocks rising and declining. The market closed with 13 securities being active. The index declined 28.52 points to close at 2,184.50.JM sum 3-8-16 One stock closed at a new high as a total of 2,802,872 units traded, valued at $13,180,124.
A total of 10 stocks closed with bids higher than their last selling prices and 2 ended with a lower offer.
At the close, Cargo Handlers had 1,000 units changing hands to close at $56, Caribbean Flavours with 4,440 shares changing hands, closed at $3.25, Caribbean Producers traded 17,425 units with a rise of 1 cent at $3.26, Consolidated Bakeries gained 10 cents in trading 37,000 shares to close at a 52 weeks’ high of $2.20,. General Accident traded 1,157,300 units at $2.15, after falling by 25 cents, Honey Bun had 2,882 shares changing hands, to close with a gain of 5 cents, at $5.45. JM Trdng Sht 3-8-16Jetcon Corporation gained 10 cents while trading 500 shares to close at $2.70, Key Insurance traded 1,883 units as the price rose 10 cents to $2.60, Lasco Distributors ended with 1,234,719 shares changing hands, to end 20 cents lower at $7, Lasco Financial ended with 10,606 shares changing hands at $3.30, for a fall of 19 cents. Lasco Manufacturing rose 5 cents and closed at $5.05 with 253,217 shares trading, tTech traded with a loss of 25 cents at $3.75 with 1,900 shares changing hands and Eppley 10% preference share traded 80,000 units at $6.10.

JSE closes sharply higher on Wednesday

Grace Kennedy shares ended at a 52 weeks' closing high on the Jamaica Stock Exchange on Wednesday.

Grace Kennedy shares ended at a 52 weeks’ closing high on the Jamaica Stock Exchange on Wednesday.

Prices surged on the Jamaica Stock Exchange as the prices of 19 securities gained pushing the main market indices up sharply. A total of 40 securities traded, with 19 rising, 10 declining, including an equal number of 5 stocks, rising and falling from the junior market.
The JSE Market Index jumped 2,358.31 points to end at 162,282.21 the all Jamaica Composite Index surged 2,637.40 points to close at 180,322.56 and the JSE combined index climbed 1,894.91 points, to end at 172,941.88.
Supreme Ventures traded 8,126,388 units that help push market volume to 14,235,064 units valued at $406,796,824 changing hands, in all market segments. The junior market accounted for 2,802,872 units traded, valued at $13,180,124 of all trades.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 15 stocks with bids higher than their last selling prices and 2 with lower offers.
JSE Sum 3-08-16At the end of market activities, Barita Investments traded 17,077 units and gained 50 cents, to close at $3, Berger Paints traded 10,892 shares to end at $4.55, Cable & Wireless gained 10 cents in trading 275,234 shares to close at $1.25, Caribbean Cement rose 10 cents in trading 288,375 shares to close at $25.60. Carreras rose 93 cents in exchanging 23,767 shares at $65.90, trading in 1834 Investments, resulted in 306,883 shares changing hands to close at $1.39, Grace Kennedy jumped $1.99 to close at a new high of $126.99 with 93,212 shares changing hands. Jamaica Broilers ended with 6,648 shares changing hands and fell 48 cents to $14.52, Jamaica Producers rose 4 cents in trading 65,292 shares to end at $8.29, Jamaica Stock Exchange had 18,000 shares trading at $22, JMMB Group traded 32,910 units to end at $9.50, after falling 40 cents. Kingston Properties traded 10,483 shares but lost 7 cents to end at $8.93. Kingston Wharves gained 3 cents with 35,725 units changing hands and closed at $15.53, Mayberry Investments gained 23 cents with 10,000 shares trading, to close at $3.30, National Commercial Bank traded 11,505 units changing hands, to close with a gain of 70 cents at $42.50, Pan Jamaican traded 2,618 shares and rose by 49 cents to end at $25.50. Portland JSX traded 16,155 shares and fell 35 cents to end at $12.50, Radio Jamaica rose 20 cents to close at $1.60 after 157,613 shares changed hands, Sagicor Group climbed 75 cents to end with just 700 shares changing hands at $22.15. JSE trades 3-08-16Sagicor Real Estate Fund traded 18,840 shares to close at $10.50, Scotia Group jumped $2.38 while trading 533,602 shares to end at $32.48, Scotia Investments had 8,473 units changing hands at $26.50, for a gain of 40 cents, Supreme Ventures lost 1 cent and ended at $4.50, with 8,126,388 units changing hands. Proven Investments traded 137,500 units to close at 19 US cents for a rise of 1 US cent, JMMB Group 7.5% preference share traded 40,000 shares to close at $1.12 after gaining 2 cents and Jamaica Money Market Brokers 7.5% preference share traded 1,183,000 shares to close at $2.09.

JSE gained 1,000 points – Wednesday

The Jamaica Stock Exchange all Jamaica Composite index surged 1,134 points on the Wednesday morning session and the main market JSE index shot up by 1,036 points after nearly an hours trading but slipped back slightly with 14 securities rising and only 5 declining.
JSE Intra - 3-08-16Cable & Wireless traded at $1.20, Carib Cement traded at $26, Kingston Wharves moving to $15.99 while National Commercial Bank traded at $42.75 and Scotia Group traded at $30.50.
the markets indices slipped back from their early high, and by 10:45 am, the all Jamaica Composite Index rose 738.02 points to 178,423.18, the Jamaica Stock Exchange Market Index climbed 659.92 points to 160,583.82, the Jamaica Stock Exchange combined index gained 460.01 points to close at 171,691.28 points andthe junior market index dived 14.83 points to 2,198.19 as Lasco Distributors traded 1,061,249 units down to $7.
Trading at 10:45 am resulted in 26 securities changing hands, accounting for a volume of 2,127,681 shares. The average number of shares traded amounts to 81,834 units compared to 83,033 units on Tuesday.