JSE loses ground on Tuesday

Grace traded at a new 52 weeks' high on the JSE Tuesday.

Grace traded at a new 52 weeks’ high on the JSE Tuesday.

Trading volumes remained low on the Jamaica Stock Exchange on Tuesday as the main market lost much ground in trading after closing for the Labour Day holiday on Monday. The market closed with 34 securities changing hands, accounting for just 2,901,288 units valued at $53,144,793, in all market segments. The junior market accounted for 912,528 shares valued at $4,482,547 of the total level traded.
Investors pushed the price of 13 stocks in the overall market up, 13 down, including 4 stocks rising and 6 declining, from the junior market as two stocks in the main market hit new highs.
The JSE Market Index moved down by 1,629.32 points to end at 152,050.95. The all Jamaica Composite Index declined by 1,822.18 points to close at 168,891.44 and the JSE combined index dropped 1,945.68 points, to close at 162,532.10.
JSE Sum-24-5-16r IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 17 stocks with bids higher than their last selling prices and 4 with lower offers.
At the end of market activities, Cable & Wireless closed at $1.28 after trading 14,655 units, Caribbean Cement traded 100,000 shares and fell $2 and close at $24, Carreras gained 69 cents with 69,370 units trading to close at $65.20. The price of 1834 Investments gained 2 cents to close at $1.01 with 89,139 units, Grace Kennedy traded 12,167 units to gain $1 and closed at $91. Jamaica Broilers closed with a rise of 39 cents to $14.60 while trading 2,600 shares, Jamaica Producers traded 98,860 shares at $34.99, after a loss of 1 cent, JMMB Group traded 156,747 shares but declined 43 cents to close at $9.50, Kingston Properties closed with a rise of $3.30, to a 52 weeks’ high of $9.80, after trading 3,000 units. JSE mn fn qts 24-5-16Margaritaville Turks traded 49,500 to end at 20 US cents, National Commercial Bank traded 82,360 shares, to close with a rise of 45 cents at $40.25. Pan Jamaican Investment fell back $1.70 to close trading at $121 but with 14,738 shares changing hands, Radio Jamaica rose 2 cents in trading 12,525 shares at $1.32, Sagicor Group ended with 963,187 shares changing hands, to end at $22.30. Sagicor Real Estate Fund traded 9,981 shares but ended with a loss of 15 cents at $10, Scotia Group closed at $30 while 249,275 units changed hands, Supreme Ventures closed at $5.24 with 19,300 shares changing hands, after gaining 24 cents and JMMB Group 7.5% preference share traded with 20,000 shares at $1.04 with a loss of 1 cent.

Profit results help in Jamaican stock rally

Jamaica Producers stock price pushed by strong profits on Wednesday

Jamaica Producers stock price pushed by strong profits on Wednesday

The bulls continue to roam on the Jamaica Stock Exchange on Wednesday as more stocks continue to gain than those declining. Helping the move on Wednesday was the impact that results had on some companies’ stock price. Sagicor Group and Jamaica Producers Group were two of the stocks that jumped sharply, helping the market to move up.
The market closed with activity in 42 securities, leading to 200,339,489 units valued at $645,488,389 changing hands, in all market segments. A total of 17 securities rose and 11 declined with 11 stocks ending at 52 weeks’ closing high and 1 at intraday high.
The JSE Market Index rose 783.34 points to 137,896.84, the all Jamaica Composite Index gained 875.44 points to end at 153,063.79 and the JSE combined index increased by 639.61 points to end at 144,357.30.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 13 stocks with bids higher than their last selling prices and 3 with lower offers.
JSE sum 11-11-15udIn trading, Barita Investments lost 15 cents to close at $3.65 with 240,000 shares trading, Cable and Wireless enjoyed good volume as investors’ interest in the stock continues to build, at the close the stock gained 14 cents, with 3,363,916 shares changing hands to close at $1.50. On offer were 2,500,728 shares at $1.50 with bid in at $1.45 to buy 424,481 units. Caribbean Cement rose 22 cents to end at $18, with 112,310 shares changing hands. Carreras dropped $4.49 to end at $55.51 with 11,456 units trading, Desnoes & Geddes traded 63,136 units at $30, Gleaner traded 13,000 units at $1.90, Grace Kennedy closed at a new 52 weeks’ high of $75 after rising $2 with only 1,776 shares changing hands, Jamaica Broilers traded 3,021,919 shares to close at $9.25, for a 52 weeks’ closing high. Jamaica Producers traded 102,646 shares and jumped $5.20 to end at $29, for a 52 weeks’ high. Jamaica Stock Exchange traded 200,527 shares at $14, JMMB Group traded 14,219 shares to close at $11, Kingston Properties traded 46,695 units to close at $7. Mayberry Investments closed with 67,016 units trading at $4.40 with a loss of 5 cents, National Commercial Bank close with 38,473 shares changing hands to end with a rise of 50 cents at $34, Pan Jamaican fell $3.95 in trading 14,366 shares to end at $88.05, JSE Fn Qts 11-11-15
Pulse Investments traded 225,000 shares with a rise of 33 cents for new 52 weeks’ closing high of $1.50. Sagicor Group traded at a new high of $18 with 409,705 shares changing hands but closed at a 52 weeks’ closing high of $16.51 to gain$1.16 for the day. Scotia Group ended with 38,793 shares changing hands and closed with a loss of 10 cents at $26.90, Supreme Ventures ended with 244,452 shares changing hands at $4.70 after rising 10 cents and Proven Investments ordinary share dropped 1.17 US cents and ended at 21.80 US cents with 14,700 units changing hands and Jamaica Money Market Brokers 7.50% preference share ended with 51,000 units trading at $2.

Declining stocks clobber advancers on JSE

VMBS Wealth acquired the bulk of shares trading in connection with the pension funds they  manage.

VMBS Wealth acquired the bulk of shares trading in connection with the pension funds they manage.

The Jamaica Stock Exchange on Wednesday closed with main market indices dropping, with declining stocks far exceeding advancing ones. The market closed with a fairly high participation rate of 38 securities changing hands, resulting in 33,498,729 units trading, valued at $379,007,378 with only 6 stocks rising, 19 declining, in all market segments. The big jump in the level of trading took place with a switch in ownership to VMBS Wealth of the pension fund portfolio in stocks.
At the close, the JSE Market Index fell 262.83 points to 98,086.58. The JSE All Jamaican Composite index lost 293.77 points to close at 108,573.44 and the JSE combined index dropped 272.27 points to end at 100,777.77.
JSE sum- 26-08-15 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading that reflects continuation of declining stocks having the upper hand over advancing ones. There was slightly less bias to the downside, than at the close of trading on Tuesday, with Wednesday’s reading of 7 stocks with bids higher than their last selling prices and 9 with offers that were lower.
In trading, Cable and Wireless fell 1 cent with 110,387 units and closed at 42 cents, Caribbean Cement had 54,911 units changing hands at $8, Carreras closed with 1,149,666 shares trading 50 cents lower at $49.49, with the bulk of the shares being a product of the VMBS Wealth pension portfolio shift. Grace Kennedy closed with 1,400,261 shares trading $64, Jamaica Broilers traded at $7 with just 1,000 shares changing hands, with a gain of $1.40. Jamaica Stock Exchange traded 2,105,142 shares at $7.89, JMMB Group traded 8,582,455 shares, including shares associated with the VMBS Wealth pension fund change, to close at $7.52, Kingston Properties had 664,191 shares trading for a fall of $1.01 to end at $6.99, National Commercial Bank traded 569,187 shares to end with a decline of 73 cents at $28.02. JSE fn Qts-26-08-15Pan Jamaican fell 25 cents to end at $61 with 802,473 units changing hands, Radio Jamaica traded 37,900 shares unchanged at $3.01, Sagicor Group with 2,973,500 shares changing hands, closed 5 cents higher at $13. Scotia Group traded 198,010 units to close with a loss of 60 cents at $23.76, Scotia Investments traded 440,000 shares to close at $27.69 for a fall of 1 cent, Supreme Ventures ended at $3.40 with 13,828 units to be down by 40 cents and Jamaica Money Market Brokers 8.75% preference share traded 100,000 units to close at a 52 weeks’ low of $2.94, for a loss of 4 cents.

Scotia Group tops trading on Thursday

Scotia Group accounted for 79% of shares traded in main market

Scotia Group accounted for 79% of shares traded in main market

Activity on the Jamaica Stock Exchange ended with 8 stocks rising, 13 declining as 29 securities changed hands and ending in 2,085,568 units trading, valued at $38,307,831, in all market segments. The main market had more stocks declining than advancing at the close with 10 falling to 5 advancing. Trading volumes were mostly low with Scotia Group accounting for 1.4 million units or 79 percent of the 1.79 million shares trading in the main market.
The JSE Market Index lost 264.93 points to 97,050.42, the JSE All Jamaican Composite index declining by 296.12 points to close at 107,415.22 but the JSE combined index declined 377.15 points to end at 99,605.19.
IC bid-offer Indicator| At the end of trading,JSE sum 25-6-15 in the main and junior markets, the Investor’s Choice bid-offer indicator was showing a better reading than Wednesday’s close of 9 to 8, with Thursday’s reading of 12 stocks with bids higher than their last selling prices and 5 with offers that were lower.
In trading, Caribbean Cement closed with 48,780 shares changing hands at $5.45 after slipping 5 cents, Carreras put on 2 cents while trading 26,534 shares at $48.37, Gleaner ended with 30,000 shares changing hands but lost 1 cent to close at $1.07, Grace Kennedy gained 45 cents with only 2,040 units changing hands at $63.95. Hardware and Lumber fell 50 cents to $17.50 with 1,500 shares changing hands, Jamaica Broilers lost 50 cents in trading 1,497 units to end at $5.50, JSE fn qts 25-6-15Jamaica Stock Exchange dropped 46 cents in trading 5,400 shares and ended at $6.35. At the close Stocks and Securities offered 982,465 units for sale at $6.80, Kingston Properties climbed $1 to $8 with 2,705 shares, National Commercial Bank rose 10 cents in trading 25,224 shares to close at $29.10, Sagicor Group fell 24 cents with 28,533 units trading to end at $12.61, Scotia Group had 1,419,099 units trading at $23.50, Scotia Investments fell by $2.35 to $27.50 with only 4,217 units. Jamaica Money Market Brokers 8.75% preference share traded 56,983 units at a loss of 1 cent at $2.98 and Proven Investments 8% preference share ended with 42,500 units trading unchanged at $5.

JSE main market up slightly

With the delay in commencement of trading until minutes before noon, 22 stocks have JSE Intra - 25-06-15 1pm.traded up to 1 pm with 7 rising and 10 declining comprising a total volume of 585,588 shares changing hands.The all Jamaican composite index gained 171.63 to 107,882.97 points, JSE Combined Index put on just 17.37 to 99,999.71, JSE Index is now at 97,478.74 points after adding 163.39 points and Junior Market Index fell to 894.34, down by 14.05 points.
The most noticeable trade so far is Access Financial with 17,562 units trading down by $1.50 to $12 and Kingston Properties rising $1 to $8. Trading is expected to end today at 3 PM due late start to the day’s activities.

JSE gives back much of Monday’s gains

Activity on the Jamaica Stock Exchange, resulted in the main market indices falling back sharply to erase a large portion of Monday’s gains as Scotia Group remained at the $22 level. JSe sum 21-4-15At the close the prices of 7 stocks rising, 7 declining as 26 securities changed hands, ending in 4,715,400 units trading, valued at $63,481,771, in all market segments.
Main Market| The JSE Market Index lost 1,526.09 points to 85,825.43, the JSE All Jamaican Composite index fell 1,706.24 points to close at 94,675.11 and the JSE combined index dropped by 1,524.04 points to close at 87,548.18.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 7 stocks with bids higher than their last selling prices and only 2 with offers that were lower.
Caribbean Cement closed with 486,513 units trading at $2.25, Gleaner Company traded 220,242 shares to end at 85 cents after trading as high as 87 cents,JSE clse Qts - 21-4-15 Kingston Properties had 64,130 shares trading to end at $7, Sagicor Group traded 43,053 shares between $10.50 and $10.60 to end at $10.50. National Commercial Bank traded at a new intraday 52 weeks’ high of $26.70 and ended with 2,171,735, units at $26. Broker GK Capital Management crossed 2 million units at $25.85. Scotia Group traded 94,930 shares to end at $22.02 for a decline of but was up as high as $23.5 and Jamaica Money Market Brokers 8.75% preference share traded 82,669 units at $3.10.

Sagicor dominant trade at $53m

Tuesday’s activity on the Jamaica Stock Exchange, resulted in the prices of 8 stocks rising, 6 declining as 23 securities changed hands, ending in 7,517,895 units trading, valued at $70,926,533, in all market segments. Sagicor Group accounted for $53.4 million of the trades.
Main Market| The JSE Market Index gained 208.93 points to 82,549.69, the JSE All Jamaican Composite index rose 233.59 points to close at 91,012.68 and the JSE combined index gained 203.49 points to end at 84,221.49.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows a strong signal of 12 stocks with bids higher than their last selling prices and only 3 with offers that were lower.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Berger Paints concluding trading with 18,240 shares, gaining of 1 cent to $1.61, Jamaica Money Market Brokers finishing with 1,362,305 ordinary shares changing hands while gaining 31 cents to $7.26, Jamaica Producers closing with 2,412 shares trading 4 cents higher at $16. National Commercial Bank trading 6,225 shares while gaining 49 cents to $24.99, Pan Jamaican Investment finishing with 6,650 units with a gain of 4 cents at $55.05, Scotia Group closing with 255,000 shares traded with a gain of 12 cents to $21 and Supreme Ventures trading in 103,487 shares to end with an increase of 30 cents to $2.30.
JSE sum 24-3-15
Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless there was dealing in 109,310 shares changing hands 52 cents, Caribbean Cement contributing 648 shares trading at $2.30, Desnoes & Geddes ending trading with 26,804 shares at $5.45, Grace Kennedy finishing trading with 6,781 shares at $61, Kingston Wharves while exchanged 1,190 units at $6.40, Scotia Investments closed with 1,540 shares changing hands at $23.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Jamaica Broilers closing with 89,424 units to close lower by 1 cents to $4.05, Kingston Properties finishing trading with 10,000 units as the price slipped 50 cents to $7, Mayberry Investments concluding trading with 100,000 units to close lower by 2 cents to $2.38, Sagicor Group in trading 5,081,242 units as the price slipped 5 cents to $10.55 and Seprod finishing trading with 1,662 shares changing hands 10 cents lower to $12.90.
Preference| Jamaica Money Market Brokers 7.5% preference shares 38,000 shares changing hands $2.

11 stocks rise & 7 declined on JSE

TVJ a subsidiary of RJR who's stock gained 18% on Tuesday based on good gains in earnings for the 9 months to the end of 2014.

TVJ a subsidiary of RJR who’s stock gained 18% on Tuesday based on good gains in earnings for the 9 months to the end of 2014.

Tuesday’s activity on the Jamaica Stock Exchange, resulted in the prices of 11 stocks rising and 7 declining as 28 securities changed hands, ending in 7,480,982 units trading, valued at $16,000,562, in all market segments.
Main Market| The JSE Market Index lost 136.27 points to 78,711.11, the JSE All Jamaican Composite index fell 152.35 points to close at 86,720.98 and the JSE combined index declined by 201.90 points to 80,718.52.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 7 stocks with bids higher than their last selling prices and 4 with offers that were lower.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Caribbean Cement ending trading with 13,180 units to close 10 cents higher at $2.60, Desnoes & Geddes closing with 251,000 shares while gaining 2 cents to $4.92, Grace Kennedy closing with 45,000 shares as the price jumped 1 cent more to $60.01, Radio Jamaica finished with 218,254 shares while gaining 20 cents to $1.30, Scotia Investments in trading 400 shares while gaining 44 cents to $23 and Seprod in trading 6,781 shares to end with an increase of $1.04 to $13.
JSE sum 17-2-15 Firm| The stocks in the main market to close without a change in the last traded prices are, Jamaica Broilers had 561,990 shares trading at $4, Jamaica Money Market Brokers closed with 1,380 units trading at $6.90, Jamaica Stock Exchange finished with 32,800 shares trading at $2.15, Kingston Properties ending with 40,000 shares changing hands to close $7.50, Proven Investments ended trading with 1,310 units trading at 19 US cents, Sagicor Group closed with 79,372 shares changing hands at $10.25, Sagicor Real Estate Fund concluding trading with 5,880 units traded at $6.80, Supreme Ventures closing with 1,500 shares at $2.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Cable & Wireless closed with 1,539,455 shares changing hands to close 5 cents to 48 cents, Carreras finished with 6,935 units trading as the price slipped $1.50 to $43, Kingston Wharves ended trading with 24,298 shares trading lower by 5 cents to $5.55, National Commercial Bank closing with 15,665 shares changing hands to close lower by $1 at $21 and Scotia Group closed with 17,958 units trading to end 9 cents lower at $20.06.
Preference| Jamaica Money Market Brokers 8.75% preference share traded, ending with 170,002 shares changing hands at $3.03.

12 stocks rose 5 fell on JSE Wednesday

Carreras closed at a new 52 weeks' high on Wednesday as investors pushed the stock to $45 at the close.

Carreras closed at a new 52 weeks’ high on Wednesday as investors pushed the stock to $45 at the close.

Wednesday’s activity on the Jamaica Stock Exchange, resulted in the prices of 12 stocks rising, 5 declining as 25 securities changed hands, ending in 7,797,647 units trading, valued at $31,654,420, in all market segments.
Main Market| The JSE Market Index gained 493.53 points to 78,307.17, the JSE All Jamaican Composite index rose 551.80 points to 86,269.36 and the JSE combined index gained 431.35 points 80,233.08.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 10 stocks with bids higher than their last selling prices and 3 with offers that were lower.
Kingston Properties closed up 50 cents to $7.50 on Wednesday

Kingston Properties closed up 50 cents to $7.50 on Wednesday

Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Caribbean Cement closing with 36,956 units while gaining 16 cents to $2.41. Carreras closed with 57,242 units with a gain of $2 to a new 52 weeks’ high of $45, Kingston Properties closing with 100,000 shares trading 50 cents higher to $7.50, National Commercial Bank ended trading with 23,030 shares with an increase of 5 cents to $20.50. Radio Jamaica closing with 2,405 shares while gaining 1 cent to $1.11, Sagicor Group finishing with 448,735 shares as the price moved up 5 cents, to $10.30 and Sagicor Real Estate Fund trading 45,120 shares to end with an increase of 10 cents to $6.80.
Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless closed with 13,017 shares changing hands to close at 50 cents, Grace Kennedy had 32,532 units trading at $60, Jamaica Broilers closed with 11,229 shares changing hands at $4.05, Jamaica Money Market Brokers ending with 2,369 shares trading at $7, Mayberry Investments ending with 3,765 units trading at $2, Pan Jamaican Investment finished with 43,700 shares changing hands at $53.
JSE sum 11-2-15rv Declines| The last traded prices of stocks with losses at the close of the main market are, Desnoes & Geddes closing with 6,000 units, the price slipped 3 cents to $4.82, Proven Investments finishing with 120,400 units, ended 1 cent down to 19 US cents and Scotia Investments in trading 10,400 shares closed lower by 44 cents, to $22.56.
Preference| Brokers 8.75% preference share ended trading with 1,040,303 units changing hands and gained 8 cents to $3.10, a 52 weeks’ high and Jamaica Money Market Brokers 7.50% preference share finished with 716,489 units trading at $2.

NCB dominates as market rises again

NCB Financial dropped $8 on Friday.

Tuesday’s activity on the Jamaica Stock Exchange, resulted in the prices of 9 stocks rising 7 declining as 27 securities changed hands, ending in 11,536,610 units trading, valued at $173,915,246, in all market segments.

National Commercial Bank that dominated trading on Monday with 27,173,167 units, was again the lead trade on Tuesday, with 7,970,682 shares valued at $163,393,196. The majority of shares traded was done by way of a cross executed by Sagicor Investments.
Main Market| The JSE Market Index gained 326.79 points to 77,528.25, the JSE All Jamaican Composite index rose 365.36 points to close at a 85,398.48 and the JSE combined index gained 256.46 points to close at 79,427.70.
JSE sum 3-2-15 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 8 stocks with bids higher than their last selling prices and 3 stocks with offers that were lower.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Jamaica Money Market Brokers trading 22,500 ordinary shares and put on 23 cents to $7, National Commercial Bank traded 7,970,682 shares to end with an increase of 30 cents to a 52 weeks’ high of $20.50. Sagicor Investments bought and sold 7,927,299 units of the amount traded, in two lots. Sagicor Group traded 14,298 shares while gaining 50 cents to $10.50. The Sagicor Real Estate Fund closed with 20,775 shares changing hands as the price gained 4 cents to $6.74, Scotia Group traded 31,119 units and put on 20 cents to $20.25 and Supreme Ventures put in 94,445 shares to end with an increase of 10 cents to $2.10.
Firm| The stocks in the main market to close without a change in the last traded prices are, Berger Paints finishing with 3,039 units changing hands at $1.56, Carreras in trading 98,550 shares closed at $41, Desnoes & Geddes closed with 30,000 shares trading at $4.90. Gleaner had 31,693 units trading at 81 cents, Jamaica Broilers closed with 123,928 units at $4, Jamaica Producers ended with 955 shares changing hands at $17. Proven Investments finished with 9,646 units traded at 21 US cents, Radio Jamaica ended with 4,657 units trading at $1.10 and Seprod finished had 14,348 shares changing hands at $11.90.

Cable & Wireless dropped 20% to 40 cents on Tuesday

Cable & Wireless dropped 20% to 40 cents on Tuesday

Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Cable & Wireless ending with 2,013,234 units trading, losing 10 cents to 40 cents as investors reacted negatively to news that the company has to pay Digicel $1.5 billion for interconnection charges. Grace Kennedy had transactions in 9,900 shares to close lower by 10 cents at $61.90, Pan Jamaican Investment closed with 3,816 shares changing hands, 50 cents down at $52 and Scotia Investments in concluding trading in 854 shares lost 4 cents to $22.51.
Preference| Proven Investments 8% preference share closed with 247,500 units trading at $5.