JSE stocks in partial recovery – Monday

Berger price closed at a 52 weeks’ high of $15.

Stocks in the main market of the Jamaica Stock Exchange made some spirited recovery for the sharp fall on Friday as trading closed on Monday with 23 securities changing hands with 1 trading in the US dollar market. In the main market, 8 stocks advanced and 7 declined in the main market.
Trading levels in main market ended at 2,432,176 units valued at $44,491,086 compared to 3,117,227 units valued at $95,348,879 at the close on Friday. Trading in the US dollar market accounted for 12,035 units valued at US$3,662 contributing to total trades between the two markets of $46,015,960.
The All Jamaica Composite Index advanced 2,331.84 points to close at 250,967.19 the JSE Market Index gained 2,085.08 points to finish at 228,783.81 and the JSE US dollar market index fell 6.38 points to close at 224.79.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 9 stocks with bids higher than their last selling prices and 6 with lower offers.
In market activity, Barita Investments closed at $7 with trades of 900 units, Berger Paints gained $1 to close at 52 weeks high of $15 with an exchange of 11,900 shares, Cable and Wireless traded 549,079 shares at $1.40, Caribbean Cement closed higher at $36.75, after gaining 75 cents in trading 4,580 shares. Carreras traded at $72, with 3,556 units changing hands, Grace Kennedy closed lower at $41, losing 67 cents with trades of 165,139 units, Jamaica Broilers gained $2.32 to close at $16.50 with 243,848 units changing hands, Jamaica Producers declined $1.15, closing at $15.85 while trading 52,904 shares, Jamaica Stock Exchange closed at $7.70, losing 10 cents with an exchange of 198,265. JMMB Group closed $1.95 lower at $18 with 66,844 units changing hands, Kingston Properties traded 45 cents higher, closing at a 52 weeks’ high of $16 with trades of 879 shares, Kingston Wharves advanced $2.50 to $32.50 trading 4,150 units, Pan Jamaican declined $3 to close at $34, after exchanging 45,867 shares, Portland JSX traded 116 shares at $10.99, Pulse Investments closed at a 52 weeks’ high of $10, with gains of $1.45 and 5,000 units changing hands, Radio Jamaica closed at $1.80, with 290,709 units traded. Sagicor Group closed at $35, with an exchange of 629,820 shares, Sagicor Real Estate fund gained 50 cents to close at $11 trading 63,566 units, Scotia Group closed $1.45 lower at $38.55 with 6,811 shares changing hands, Seprod closed at $40, with an exchange of 42,193 shares. Sterling Investments traded 5,172 shares at $18.20, Supreme Ventures closed at a 52 weeks’ high of $6.18, gaining 10 cents in trading 39,778 shares, Proven Investments lost 1 US cent to close at 31 US cents with trades of 12,035 ordinary shares and Jamaica Money Market Brokers 7.5% preference share closed at $2.05 with 1,100 units changing hands.

Big fall for juniors on Monday

Blue Power dropped sharply in trading on Monday.

The junior market index suffered a large decline at the close of trading on Monday as 22 securities changed hands with Access Financial dropping $10.99 to $32.81 with just 2,000 shares trading and Blue Power diving $13.70 to close at $30 with 2,000 shares changing hands.
At the close 7 advanced and 12 declined, leading the market index being chopped by 91.60 points, to close at 3,004.13 as 696,611 units valued at $3,845,397 passed through the market, compared to 10,450,308 units valued at over $52,212,947 on Friday. Trading ended with 6 stocks had bids higher than their last sale prices and 4 ended with lower offers, than the last sale. In spite of the large index decline three stocks closed at new high at the end of trading.
The junior market ended trading with an average of 31,664 units for an average value of $174,791 traded, compared to 522,515 units for an average value of $2,610,647 on the previous trading day. The average volume and value for the month to date ended at 151,408 units and $906,810. On the immediate preceding trading day the average volume and value for the month to date, were 168,514 units with an average value of $1,011,384. The average volume and value for February, ended at 223,938 units and $1,379,459.
At the close of the market on Monday, CAC 2000 closed with a gain of 45 cents at a 52 weeks’ closing high of $8 while 38,000 shares traded, Cargo Handlers lost $2 in trading 2,693 shares at $21.50, Caribbean Cream closed trading with 36,500 units and lost 9 cents to end at $8, Consolidated Bakeries ended trading with a gain of 45 cents with 145,100 shares changing hands, to close at $2.49. C2W Music had 4,958 units changing hands to close with a loss of 3 cents at 30 cents, Dolphin Cove rose $2 and closed trading with 17,351 shares, at $20, General Accident closed trading with 10,893 shares at $3.30, Honey Bun shed $2 with 22,500 shares changing hands to end at $5, ISP Finance had 5,358 units changing hands to close with a gain of 75 cents at a 52 weeks’ high of $11.75, Jamaican Teas rose 37 cents and ended trading 8,736 shares to close at $6.82. Jetcon Corporation closed trading with 3,839 shares being exchanged for loss of 3 cents to end at $11, Knutsford Express traded 350 shares to close at a 52 weeks’ high of $40.50, Lasco Distributors ended with 22,580 units trading at $6.85 after adding 5 cents, Lasco Financial fell 7 cents with 131,090 shares changing hands, to end at $4. Lasco Manufacturing closed with loss of 50 cents as 59,106 units changed hands at $4.50, Main Event had 126,775 shares changing hands, to close with a fall of 50 cents at $4.50, Medical Disposables fell 37 cents to close at $6.18 with 10,000 shares changing hands. tTech ended with 44,782 units changing hands, the price fell $1.95 to end at $6.05 and Derrimon Trading preference share ended with 2,000 units changing hands at $2.10.

Blue chip stocks pull market down Friday

Scotia Investments suffered big drop on Friday.

The main market of the Jamaica Stock Exchange closed sharply lower on Friday, the day after the government presented details of the 2017/18 budget. Big decline in the average prices of Scotia Investments, National Commercial Bank, Sagicor Group and Scotia Group inflicted much damage to close out a week of see saw movement for the market.
The All Jamaica Composite Index plummeted 6,139.33 points to close at 248,635.35, the JSE Market Index dropped 5,489.64 points to finish at 226,698.73 while the JSE US dollar market index gained 3.00 points to close at 231.17.
At the close 18 securities changed hands with 1 trading in the US dollar. In the main market, 7 stocks advanced and 5 declined. The US dollar market recorded no price change.
Trading levels in main market ended at 3,117,227 units valued at $95,348,879 compared to 90,132,738 units valued at $1,840,545,568 at the close on Thursday. Trading in the US dollar market accounted for 85,600 units valued at US$26,904, bringing the total traded in both markets to $98,798,014.
The main market ended trading with an average of 173,179 units for an average value of $5,297,160 traded, compared to an average of 3,605,310 units for an average value of $73,621,823 on the previous trading day. The average volume for the month to date ended at 1,103,492 units versus 2,033,805 units on the prior trading day
The average volume and value for February, ended at 223,938 units and $1,379,459.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 7 stocks with bids higher than their last selling prices and 2 with lower offers.
In market activity, Barita Investments closed at $7 trading 587 shares, Cable and Wireless lost 10 cents, closing at $1.40 with 204,500 shares traded, Caribbean Cement closed at $36, gaining 50 cents with an exchange of 6,335 shares. Carreras traded at $72, with 37,074 units changing hands, Grace Kennedy closed at $41.67 with trades of 326,371 units, Jamaica Broilers closed at $14.18, losing 82 cents with 10,000 units changing hands, before the company released third quarter results with strong gains in the latest quarter. Jamaica Producers lost 10 cents to close at $17 trading 309,509 shares, Jamaica Stock Exchange traded 278,128 shares at $7.80, JMMB Group closed at $19.95, gaining 95 cents with 49,414 units exchanged after trading as low as $16.29 during the day, National Commercial Bank declined 70 cents to close at $62.30, after swapping 229,081 units, Pulse Investments gained $1.55 to close at a 52 weeks’ high of $8.55 with 5,000 units changing hands, Radio Jamaica closed at $1.80, with a 1 cent gain and 109,729 units traded. Sagicor Group closed at $35, with an exchange of 107,230 shares, Scotia Group gained $1, closing at $40 trading 1,323,228 shares, Scotia Investments closed at $34, losing $5 with trades of 23,555 shares, Seprod closed at $40, with an exchange of 580 shares, Sterling Investments gained 70 cents to close at a 52 weeks’ high of $18.20 with 1,000 units changing hands, Supreme Ventures closed at $6.08, gaining 8 cents trading 95,906 shares and Proven Investments added 2 US cents to close at 32 US cents with trades of 85,600 ordinary shares.

Big day for Jamaica Stock Exchange Thursday

Add your HTML code here...

70 million units of Sagicor Real Estate Fund traded on Thursday.

Heavy volume of 70 million units of Sagicor Real Estate Fund and 16 million units of National Commercial Bank pushed trading on the main market of the Jamaica Stock Exchange to more than 90 million units valued more than $1.8 billion at the close on Thursday.
In the main market, 25 securities changed hands and 3 in the US dollar market as 8 stocks advanced and 9 declined in the main market. One stock in the US dollar market fell.
The main market ended with 90,132,738 units valued at $1,840,545,568 changing hands, compared to 5,763,845 units valued at $145,264,722 at the close on Wednesday. Trading in the US dollar market accounted for 102,002 units valued at US$55,576.
The main market ended trading with an average of 3,605,310 units for an average value of $73,621,823 traded, compared to an average of 221,686 units at $5,587,104 on the previous trading day. The average volume for the month to date ended at 2,033,805 units versus 462,300 units on the prior trading day
The All Jamaica Composite Index advanced 1,564.45 points to close at 254,774.68 the JSE Market Index gained 1,398.89 points to finish at 232,188.37 and the JSE US dollar market index lost 6.63 points to close at 228.17.
In market activity, Barita Investments closed at $7 trading 1,500 shares, Berger Paints gained $1.40 to close at a 52 weeks’ high of $14 trading 25,712 units, Cable and Wireless closed at $1.50 with gains of 15 cents and 321,552 shares traded, Caribbean Cement closed $2.50 lower at $35.50 with an exchange of 5,300 shares. Carreras lost $2 trading at $72, with 6,682 units changing hands, Grace Kennedy closed at $41.67 with trades of 17,013 units, Jamaica Broilers gained 50 cents to close at $15 with 19,700 units changing hands, Jamaica Producers closed at $17.10 with gains of 10 cents trading 130,718 shares, Jamaica Stock Exchange lost 10 cents to close at $7.80 with an exchange of 277,240 shares. JMMB Group closed at $19 while losing 59 cents with 388,575 units being exchanged, Kingston Properties advanced $1.55 to close at a 52 weeks’ high of $15.55 trading just 2,000 units, Kingston Wharves dropped $3.50 to $30, in an exchange of 34,503 shares, Mayberry Investments closed at $5.30, losing 52 cents with only 3,200 units traded. National Commercial Bank declined $1.50 to $63, after swapping a big block of 16,216,132 units, 138 Student Living closed at $4.50 trading 2,008 units, Pan Jamaican closed at $37 with 173,447 shares changing hands, Radio Jamaica closed at $1.79 with trades of 234,048 units. Sagicor Group closed at $35, with a loss of 60 cents and an exchange of 1,367,358 shares, while Sagicor Real Estate Fund closed at $10.50, with gains of 3 cents and a large volume of 70,119,164 shares changing hands, Scotia Group closed at $39 trading 71,318 shares, Scotia Investments closed at $39 with trades of 10,000 shares, Seprod closed at $40, with an exchange of 202 shares, Supreme Ventures closed at $6, gaining 30 cents with 535,366 shares changing hands. Margaritaville Turks closed at 30 US cents trading 1,666 shares, Proven Investments lost 2 US cents to close at 30 US cents with trades of 70,366 ordinary shares. JMMB 7.5% preference share lost 1 cent to close at $2.15 with 100,000 units changing hands and JMMB Group US 6% preference traded at $1.11 with an exchange of 30,000 units.

Sagicor Real Estate Fund National Commercial Bank

Juniors fall on Thursday

Main Event hits new high of $5.10.

Juniors market stocks mostly retreated in trading on Thursday as 20 securities changed hands leading to 8 advancing and 9 declining, leading the market index down 23.20 points, to close at 3,086.17.
Trading ended with 1,482,096 units valued at over $12,049,960 passing through the market, compared to 1,492,475 units valued at over $9,844,241 on Thursday. At the close 5 stocks had bids higher than their last sale prices and 2 ended with lower offers, than the last sale.
The junior market ended trading with an average of 74,105 units for an average value of $602,498 traded, compared to 64,890 units for an average value of $428,010 on the previous trading day. The average volume and value for the month to date ended at 109,514 units and $744,840. On the immediate preceding trading day, the average volume and value for the month to date, were 116,596 units with an average value of $773,309. The average volume and value for February, ended at 223,938 units and $1,379,459.
At the close of the market on Friday, AMG Packaging closed at $24 after falling 40 cents with 2,158 units changing hands, on the day before the 5 for 1 stock split is to be effected in trading. Caribbean Cream closed trading with 671,501 units and gained 9 cents to close at $8.09, Caribbean Producers rose 30 cents in trading 6,400 units $4.30, Consolidated Bakeries ended trading with a loss of 15 cents with 300 shares changing hands, to close at $2.50 after trading at $2 during the trading session, as the price adjust to the disappointed 2016 results. C2W Music had 5,000 units changing hands to close with a loss of 2 cents at 33 cents, Derrimon Trading ended at $8 with 31,030 shares changing hands, Dolphin Cove dropped $1.75 and closed trading with 107,000 shares, to end at $16. General Accident closed trading with 9,500 shares at $3.30, Honey Bun gained 70 cents with 16,649 shares changing hands to end at $6.50, ISP Finance had 28,000 units changing hands to close with a loss of 30 cents at $11, Jamaican Teas shed 70 cents and ended trading 35,485 shares to close at $7.30. Jetcon Corporation closed trading with 145,125 shares being exchanged for gain of 50 cents to end at $13, KLE Group added 44 cents and ended trading 886 units, to close at $2.90, Lasco Distributors ended with 6,085 units trading at $6.70, Lasco Financial fell 16 cents with 148,000 shares changing hands, to end at $4.50. Lasco Manufacturing closed with loss of 20 cents as 182,496 units changed hands at $4.70, Main Event had 67,852 shares changing hands, to close with a gain of 10 cents at a 52 weeks’ closing high of $5.10, Medical Disposables rose 14 cents to close at $6.50 with 3,719 shares changing hands. Paramount Trading ended with 14,300 shares changing hands and lost 5 cents to $3.75 and tTech ended with 610 units changing hands as the price rose 40 cents to end at $6.50.

JSE stock drops 90c with 36M shares

Scotiabank pumped up the JSE on Friday.

Jamaica Stock Exchange had a big block of 36,298,043 shares trading on Friday with with the price ending at $7.50, with a loss of 90 cents. The shares were sold by Stocks & Securities and bought by Sagicor Stockbrokers. The trade means that Stocks & Securities are no longer major shareholders in exchange.
Trading ended on Friday with 25 securities changing hands with 2 trading in the US dollar market on day when Scotia Group jumped $5.49 to be the main pusher in the market indices. In the main market, 7 stocks advanced and 14 declined in the main market, while two stock rose in the US dollar market. Trading levels in main market ended at 42,703,583 units valued at $422,229,138 compared to 6,321,606 units valued at $60,670,887 at the close on Thursday. Trading in the US dollar market accounted for 871,891 units valued at US$291,484.
The All Jamaica Composite Index jumped sharply by 3,676.85 points to close at 256,245.23, just over 1,000 points shy of the all-time record close of 257,395.71 reached on February 10. The JSE Market Index advanced 3,287.75 points to finish at 233,503.31 and the JSE US dollar market index gained 18.12 points to close at 238.66.
In market activity, Berger Paints gained 50 cents, closing at $11.50 with trades of 9,008 units, Cable and Wireless lost 10 cents to close at $1.35 with 1,513,758 shares changing hands, Caribbean Cement closed lower by $1.90 to $36.10 trading 17,650 shares. Carreras closed at $66.50 with an exchange of 1,740 units, Grace Kennedy slid 16 cents to close at $41.51 trading 100,176 units, Jamaica Broilers closed at $14.54, losing $1.46 trading 70,774 shares, Jamaica Producers lost 70 cents trading 192,548 units at $16.80,. JMMB Group closed 98 cents lower to $19.51 with an exchange of 98,812 units, Kingston Wharves gained 50 cents to close at $32 trading 15,322 shares, Mayberry Investments jumped $1.39 cents to a 52 weeks’ high of $6.39 with trades of 182,245 units. The stock has not seen this price level since June 15, 2005, when it traded at $6.45, after it was listed in April and reached a high of $8.20 on April 26, 2005. National Commercial Bank fell 50 cents to $62.50, after swapping 63,512 units, Pan Jamaican closed at $35.20, losing 80 cents with an exchange of 22,498 shares, Radio Jamaica gained 5 cents to close at $1.65 trading 120,820 units, Sagicor Group closed at $36.26, losing 24 cents with trades of 2,938,603 units. Sagicor Real Estate Fund closed 22 cents higher at $10.47 with 2,100 units changing hands, Scotia Group closed at $44, with gains of $5.49 trading 456,247 shares, Scotia Investments traded 1,600 shares at $39.50, Seprod lost 49 cents to close at $40.51 with trades of 16,229 shares. Sterling Investments traded at a 52 weeks’ high of $17.50 with gains of $1.30 and an exchange of 1,000 units, Supreme Ventures closed at $5.70, losing 30 cents with 405,888 shares being exchanged, Proven Investments gained 2 US cents to close at 32 US cents trading 859,891 ordinary shares. JMMB 7.5% preference share closed at $1.75 with gains of 4 cents and 3,296 units changing hands, JMMB Group 7.5% preference share gained 2 cents trading 114,502 units at $1.07 and JMMB Group US$ 6% preference share closed at US$1.10 with trades of 12,000 units.

Juniors fall as 11 stocks decline – Friday

Blue Power suffered large fall in price on Friday.

Some big price changes and above average trade in 6.8 million units of Eppley preference share characterised Friday’s trading on the junior market. At the close declining stocks outnumbered advancing ones, leading the market index down 15.63 points, to close at 3,083.40.
At the close, 23 securities changed hands, 8 advanced and 11 declined. Trading ended with 7,883,509 units valued at over $48,696,373 passing through the market, compared to 1,357,950 units valued at over $10,370,371 on Thursday. At the close 7 stocks had bids higher than their last sale prices and 2 ended with lower offers, than the last sale.
The junior market ended trading with an average of 342,761 units for an average value of $2,117,234 traded, compared to 54,318 units for an average value of $414,815 on the previous trading day. The average volume and value for the month to date ended at 198,540 units and $1,266,024. The average volume and value for February, ended at 223,938 units and $1,379,459.
At the close of the market on Friday, AMG Packaging closed at $22 after falling $3 with 2,367 units changing hands. After a long delay, AMG’s approved 5 for 1 stock split is to be effected on March 10 the company reported. Blue Power dropped sharply by a huge $7.30 and closed with 4,817 units changing hands at $47.70, CAC 2000 traded 8,544 shares at $7.50, after rising 50 cents, Cargo Handlers shed $2 in trading 1,325 shares and closed at $25, Caribbean Cream closed trading with 4,352 units to close at $8.09, after rising 9 cents. Caribbean Producers fell 15 cents in trading 821 units $3.60, Consolidated Bakeries ended trading with a loss of 90 cents with 42,298 shares changing hands, to close at $3.10, the fall comes as the company reported earnings of just 5 cents for the 2016 fiscal year, down from 13.5 cents at September last year. Derrimon Trading ended at a 52 weeks’ high of $7.56 with 10,000 shares changing hands, after rising by 6 cents, Dolphin Cove rose $1 and closed trading with 88,264 shares, to end at $19. General Accident fell 30 cents to close with 14,695 shares at $3.20, Honey Bun had 15,299 shares changing hands to end at $7.60, Jamaican Teas gained 20 cents and ended trading 14,406 shares to close at $8.50. Jetcon Corporation closed trading with 67,324 shares being exchanged for gain of $1 to end at $14, KLE Group fell 2 cents and ended trading 4,739 units, to close at $2.88, Lasco Distributors ended with 32,000 units trading with a fall of 30 cents at $6.50, Lasco Financial fell 10 cents with 62,563 shares changing hands, to end at $4.50. Lasco Manufacturing closed with gain of 9 cents as 32,106 units changed hands at $4.59, Main Event had 17,862 shares changing hands, to close with a gain of 15 cents at a 52 weeks’ closing high of $5, Medical Disposables lost 15 cents to close at $6.70 with 1,000 shares changing hands. Paramount Trading ended with 216,357 shares changing hands and rose 34 cents to $3.79, tTech ended with 95,774 units changing hands at $6.50, Eppley 9.5% preference share closed trading with 333,200 units changing hands at $6 and Eppley 8.25% preference share closed trading with 6,813,396 units at $6.

JSE main market stocks drop again -Thursday

C&W reacted negatively to results to the end of 2016.

Trading in the main market of the Jamaica Stock Exchange closed on Friday with 25 securities changing hands with 1 trading in the US dollar market.. In the main market, 9 stocks advanced and 7 declined in the main market.
Trading levels in main market ended at 6,321,606 units valued at $60,670,887 compared to 4,208,705 units valued at $25,855,773 at the close on Tuesday. Trading in the US dollar market accounted for 77,435 units valued at US$22,856.
The All Jamaica Composite Index declined 841.40 points to close at 252,568.38 the JSE Market Index lost 752.36 points to finish at 230,215.56 and the JSE US dollar market index was down 3.00 points to close at 220.54. The average trade in the main and US dollar markets ended at 246,117 units compared to 166,173 units on Tuesday.
In market activity, Berger Paints declined 89 cents to close at $11, trading 52,918 units, Cable and Wireless lost 20 cents, closing at $1.45 with an exchange of 4,079,487 shares, as investors reacted negatively to the loss of $1.56 billion incurred for the nine months to December last year, Caribbean Cement closed higher by $1 at $38 with 17,270 shares changing hands. Carreras added 49 cents to close at $66.50 with trades of 4,645 units, Grace Kennedy gained 67 cents to close at $41.67 trading 140,156 units, Jamaica Broilers closed at $16 trading 190,919 shares, Jamaica Producers traded 86,911 units at $17.50, having gained $1.22, Jamaica Stock Exchange closed at $8.40, with a loss of 60 cents trading 102,218 shares. JMMB Group gained 9 cents to close at $20.49 with an exchange of 162,176 units, Kingston Wharves closed at $31.50 trading 5,340 shares, Mayberry Investments closed 40 cents lower at $5, with trades of 112,534 units. National Commercial Bank rose to $63, gaining 24 cents after swapping 21,089 units, 1834 Investments traded 15,369 shares to close 1 cent higher at $1.75, Pan Jamaican closed $1.05 higher at $36, with an exchange of 128,130 shares, Portland JSX traded 6,730 units at $10.60, Pulse Investments closed at $7.50 with 20,074 shares changing hands, Radio Jamaica fell 21 cents to close at $1.60 trading 19,391 units. Sagicor Group closed at $36.50, gaining 25 cents with trades of 5,079 units, Sagicor Real Estate fund closed 75 cents lower to $10.25 with 292,712 units changing hands. Scotia Group closed at $38.51, losing $1.71, trading 702,136 shares, Seprod traded 1,600 shares at $41, Supreme Ventures closed at $6 with 124,293 shares traded, while Trinidad Cement closed at $63 with trades of 100 units. Proven Investments closed at 30 US cents trading 77,435 ordinary shares and JMMB Group 7.5% preference share traded 27,229 units at $1.05.

Juniors gain as 9 stocks rise Thursday

Trading ended on Thursday for the junior market, with the market index climbing 10.01 points to close at 3,099.03, with 3 stocks closing at new highs and one trading at an intraday high.
At the close, 25 securities changed hands, 9 advanced and 5 declined. Trading ended with 1,357,950 units valued at over $10,370,371 passing through the market, compared to 1,010,984 units valued at over $6,271,613 on Tuesday. At the close 9 stocks had bids higher than their last sale prices and 3 ended with lower offers, than the last sale.
The junior market ended trading with an average of 54,318 units for an average value of $414,815 traded, compared to 48,142 units for an average value of $298,648 on the previous trading day. The average volume and value for February, ended at 223,938 units and $1,379,459.
At the close of the market on Thursday, Access Financial Services climbed 40 cents to a 52 weeks’ high of $38.50 in trading traded 1,000 units, the stock ended with the bid at $43.81 to purchase 650 units, AMG Packaging closed at $25 with 1,933 units changing hands. Blue Power jumped sharply by $4.75 and closed with 1,200 units changing hands at $55, after trading at $57.60, CAC 2000 traded 16,800 shares at $7, Cargo Handlers added $2 in trading 3,810 shares to end at a 52 weeks’ high of $27 and closed after hitting $30 during the day. Caribbean Cream closed trading with 13,527 units to close at $8, after rising 73 cents. Caribbean Producers fell 30 cents in trading 21,533 units $3.75, Consolidated Bakeries ended trading 60,000 shares to close at $4, the stock could suffer a steep fall with the company reporting on Thursday, earnings of just 5 cents for the 2016 fiscal year, down from 13.5 cents at September last year. C2W Music lost 4 cents with 3,086 units changing hands to close at 35 cents, Dolphin Cove closed trading with 783 shares, to end at $18. General Accident closed with 30,747 shares to end at $3.50, Honey Bun had 11,800 shares changing hands and fell 35 cents, to end at $7.60, Iron Rock Insurance traded 10,000 shares to end at $3.30, Jamaican Teas ended trading 33,286 shares to close at $8.30. Jetcon Corporation closed trading with 21,065 shares being exchanged for gain of $2 to end at a 52 weeks’ high of $15, KLE gained 20 cents and ended trading 200 units, to close at $2.90, Lasco Distributors ended with 72,448 units trading with a fall of 19 cents at $6.80. Lasco Financial rose 20 cents with 944,331 shares changing hands, to end at $4.60, Lasco Manufacturing closed with 1,448 units changing hands at $4.50, Main Event had 25,964 shares changing hands, to close at $4.85 after rising by 5 cents. Medical Disposables gained 35 cents to close at $6.85 with 3,024 shares changing hands, Paramount Trading ended with 71,815 shares changing hands and fell 34 cents to $3.79, Eppley 9.5% preference share closed trading with 7,700 units changing hands at $6 and Eppley 10% preference share closed trading with 550 units at $6.85.

JSE main market drops – Tuesday

Seprod shares dropped $4.10 on Tuesday.

Trading in the main market of the Jamaica Stock Exchange closed on Friday with 23 securities changing hands with 2 trading in the US dollar market on a day when the market gave back grounds in the indices. In the main market, 10 stocks advanced and 9 declined while one fell in the US dollar market.
Trading levels in main market ended at 4,208,705 units valued at $25,855,773 compared to 2,731,850 units valued at $28,681,270 at the close on Monday. Trading in the US dollar market accounted for 111,790 units valued at US$33,562. The average trade in main and US dollar markets was 166,173 units.
The All Jamaica Composite Index declined 1,536.37 points to close at 253,409.78 the JSE Market Index lost 1,373.78 points to finish at 230,967.92 and the JSE US dollar market index was down 2.41 points to close at 223.54.
In market activity, Berger Paints gained 39 cents to close at $11.89 trading 54,613 units, Cable and Wireless closed at a 52 weeks closing high of $1.65 with gains of 11 cents and an exchange of 2,392,482 shares, Caribbean Cement closed lower by $1 to $37 with 17,710 shares changing hands. Carreras fell $1.49 to close at $66.01 with trades of 12,500 units, Grace Kennedy gained 50 cents to close at $41 trading 89,047 units, Jamaica Broilers traded $1 higher, closing at $16 with 15,450 shares being exchanged, Jamaica Producers lost 73 cents to close at $16.28 with trades of 167,783 units changing hands. Jamaica Stock Exchange closed at $9, with a loss of $1 trading 411,165 shares. JMMB Group closed at $20.40, losing 9 cents with a swapping of 19,485 units, Kingston Wharves closed at $31.50 trading 3,550 shares, Margaritaville Turks lost 3 US cents to close at 32 US cents with trades of 1,980 shares, Mayberry Investments gained 10 cents to close at $5.40 with trades of 8,660 units. National Commercial Bank rose to $62.76, gaining $1.76 after trading 44,809 units, Pan Jamaican lost 5 cents, closing at $34.95 with an exchange of 16,070 shares, Portland JSX traded 4,000 units at $10.60, Pulse Investments closed at $7.50, gaining 50 cents with 12,285 shares changing hands, while Radio Jamaica gained 11 cents to close at $1.81 trading 34,902 units. Sagicor Group closed at $36.25 with trades of 37,239 units, Sagicor Real Estate fund closed 50 cents higher at $11 with 98,288 units changing hands. Scotia Group closed higher to $40.22 gaining 22 cents trading 2,450 shares, Seprod traded 8,782 shares at $41 for a loss of $4.10, Supreme Ventures closed at $6 with 265,951 shares traded. Proven Investments closed at 30 US cents trading 109,810 ordinary shares, JMMB 7.5% preference share closed at $1.71, with 368,000 shares traded and JMMB Group 7.5% preference share traded 23,484 units at $1.05.