Juniors trade over 2.6m shares – Thursday
Spurred by good volumes in a number of junior market stocks, the junior market has so far traded over 2.6 million units while the main market had 3 securities trading in volumes over 100,000 units. Honey Bun fresh from a 5 to 1 stock split traded for the first time at $4.30.
Volumes increased for a number of stocks as Honey Bun traded 155,000 units at $4.30, Iron Rock Insurance exchanged 600,000 shares at $3.20, Lasco Distributors lost ground, in trading 762,546 units at $7.90 down from $8 on Wednesday and Lasco Manufacturing had with 1,048,000 shares trading at $4.60. JMMB Group traded 100,000 units at $10, Sagicor Real Estate X Fund had 500,400 shares changing hands at $10 while Supreme Ventures accounted for 219,900 shares at $4.30.
Trading resulted in activity in 27 securities, accounting for a volume of 3,660,342 units as 11 stocks gained and 11 declined. The average number of shares traded amounts to 135,568 units compared to an average of 233,476 units on Wednesday.
After 75 minutes of trading in the early morning session, on Thursday, the all Jamaica Composite Index gained 696.08 points to 175,575.85, the JSE Market Index rose 622.41 points to 158,037.88, the JSE combined index rose by 696.08 points, to 168,568.02 and the junior market index fell 8.59 points to 2,141.91.
Grace trades at $115 on JSE – Tuesday
Grace Kennedy hit $115 with a rise of $4 in trading on the Jamaica Stock Exchange in the early morning session on Tuesday with 1,150 shares changing hands, while Pan Jamaican Investment Trust bid is at $27 to buy 526 units with the stock on offer at $30. Honey Bun that trades ex split today has not yet trade with orders to buy still in at $19 and below with the ex split price being $3.80 and the highest price it can trade ta being $4.94 today.
Lasco Distributors had the largest volume traded for the morning of 260,000 units at $7.47 followed by Cable & Wireless with 199,074 shares at $1.38 and Jamaica Money Market Brokers 7.50% preference share with 137,702 units at $2.10.
Trading resulted in activity in 25 securities, accounting for a volume of 939,280 units as 6 stocks gained and 11 declined. The average number of shares traded amounts to 37,571 units compared to an average of 67,133 units on Monday.
After 75 minutes of trading in the early morning session, on Tuesday, the all Jamaica Composite Index fell 331.36 points to 173,785.08, the JSE Market Index lost 296.29 points to 156,436.64, the JSE combined index drifted down by 94.44 points, to 167,121.93 and the junior market index rose 17.59 points to 2,145.73.
Grace trades at $120 on JSE – Monday
Grace Kennedy hit a new high of $120 with a rise of $10 in trading on the Jamaica Stock Exchange in the early morning session on Monday with 8384 shares changing hands, while Pan Jamaican Investment Trust went ex-split today with the bid at $24.23 but there has been no stock on offer.
Berger Paints traded 95,000 shares at $4.45, Ciboney Group had 292,937 units trading at 20 cents, Consolidated Bakeries had trading in 122,036 units at $1.70, Supreme Ventures saw trading in 271,187 units at $4.65, JMMB Group 7.50% preference share had 92,900 units changing hands at $1.04 and Jamaica Money Market Brokers 7.50% preference share traded 490,000 units at $2.10.
Trading resulted in activity in 27 securities, accounting for a volume of 1,812,598 units as 13 stocks gained and 7 declined. The average number of shares traded amounts to 67,133 units compared to an average of a mere 18,121 units on Friday.
After 80 minutes of trading in the early morning session, on Monday, the all Jamaica Composite Index rose 1,001.93 points to 174,155.13, the JSE Market Index rose 895.88 points to 154,265.97, the JSE combined index gained 937.64 points, to 164,423.18 and the junior market index dropped 10.39 points to 2,137.92.