Main market indices in big surge – Tuesday

January 23, 2018 by

Scotia Group jumped $2.45 to $52.95.

The main market of the Jamaica Stock Exchange indices, jumped sharply by more than 6,000 points on Tuesday, leading the JSE All Jamaican Composite Index to surge 6,707.14 points to 314,642.78 and the JSE Index jumping 6,110.96 points to 286,675.16.
Main and US market activities ended with 10 stocks rising, 11 declining and 6 trading firm as 27 securities traded versus 27 on Monday in the main market and 4 in the US market.
Main market activity ended with much lower volume than on Monday. A total of 3,559,954 shares valued at $75,487,760 traded at the close, in contrast to 8,068,298 shares valued at $158,749,884 on Monday.
Trading in the US dollar market ended with 91,568 units changing hands with a value of US$20,105. The JSE US Equities Index closed with a loss of 0.19 points to end at 171.07 with 1 ordinary stock trading.
Market activity resulted from Proven Investments trading 91,568 ordinary shares at 22 US cents.
Trading ended with an average of 136,921 units for an average of $2,903,375 in contrast to 298,826 units for an average of $5,879,625 on Monday. The average volume and value for the month to date amounts to 259,489 units valued at $6,259,438 and previously 256,686 units valued at $6,288,571. December closed with average of 686,156 units valued at an average of $8,654,832 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 6 stocks ended with bids higher than their last selling prices and 1 with a lower offer.
The major movers at the close of the market are, JMMB Group 7.5% preference share was the only stock trading over 1 million units, ending with 1.09 million shares.
Major price changes saw, Caribbean Cement gained $1.60 to $32.10, JMMB Group rose $1.50 to close at $26, Kingston Wharves climbed $3 to $33.50, PanJam Investment slipped by $1.36 to $39.89, Scotia Group added $2.45 to $52.95 and Productivity Business dropped $5 to end at $100.

For more details of market activities see – JSE volumes down as indices surge.

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Main market in sharp fall – Monday

January 22, 2018 by

Prices mostly tumbled on the Main Market of the Jamaica Stock Exchange on Monday leading to the JSE All Jamaican Composite Index dived 3,788.87 points to 307,935.64 and the JSE Index dropped 3,452.09 points to 280,564.20.
Main and US market activities ended with 8 stocks rising, 12 declining and 11 trading firm as 27 securities traded versus 22 on Friday in the main market and 4 in the US market.
Market activity ended with 8,068,298 shares valued at $158,749,884, in contrast to 5,850,045 shares valued at $76,630,033 on Friday.
Trading in the US dollar market ended with 6,120 units changing hands with a value of US$11,012. The JSE US Equities Index closed with a gain of 2.51 points to end at 171.26 with 1 ordinary stock rising and 1 in the preference market declining.
Market activity resulted from JMMB 6% preference shares falling 2 cents in ending at US$1.08 with 2,000 stock units, Margaritaville rose 5 cents, concluding trading of 1,750 units at 25 US cents, Productivity Business finished trading at 55 US cents with 870 shares and Proven Investments trading 1,500 ordinary shares at 22 US cents.
Trading ended with an average of 298,826 units for an average of $5,879,625 in contrast to 265,911 units for an average of $3,483,183 on Friday. The average volume and value for the month to date amounts to 256,686 units valued at $6,288,571 and previously 256,118 units valued at $6,475,597. December closed with average of 686,156 units valued at an average of $8,654,832 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets,

Caribbean Cement dropped $4.50 to $30.50 on Monday.

the Investor’s Choice bid-offer indicator reading shows 6 stocks ended with bids higher than their last selling prices and 1 with a lower offer.
The major movers at the close of the market are, Cable & Wireless with 1.2 million units, Jamaica Producers with 2 million shares and Wisynco Group exchanged 1.1 million units.
Price changes saw, Caribbean Cement dropped $4.50 to $30.50, JMMB Group falling $1.50 to close at $24.50, Kingston Wharves dropped $3 to $30.50, Sagicor Group gained $1 to end at $36 and Seprod fell $1.19 to close at $28.81.

For more details of market activities see – Trading picks up on JSE but prices dip.

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Trading picks up on JSE but prices dip

January 22, 2018 by

Jamaica Producers traded 2 million shares.

Market activity ended on Monday with 27 securities changing hands, leading to robust trading of 8,068,298 shares valued at $158,749,884. At the close only 8 stocks enjoyed a rise in price, 11 declined and 8 traded firm.
While three stocks traded more than 1 million units the market ended with an average of 298,826 units at $5,879,625. At the close of the market the JSE All Jamaican Composite Index dropped sharply by 3,788.87 points to 307,935.64 and the JSE Index dived 3,452.09 points to 280,564.20.
In main market activity, Barita Investments ended with a loss of 40 cents at $7.50, with 500 stock units, Berger Paints closed at $18, with 595,022 shares, Cable & Wireless concluded trading at $1.35, with 1,198,425 units, Carreras finished with a loss of 7 cents at $11.30, with 90,743 shares, Caribbean Cement plunged $4.50 to $30.50, with 100,300 shares trading. Ciboney Group ended trading with a loss of 7 cents at 27 cents, with 5,000 shares, Grace Kennedy traded at $43.45, with 291,775 stock units, Jamaica Broilers finished trading 50 cents higher at $18, with 529,600 units, Jamaica Producers closed with a loss of 50 cents at $16, with 2,009,809 shares. JMMB Group concluded trading with a loss of 1.5 cents at $24.50, with 71,211 shares, Kingston Wharves settled with a loss of $3 at $30.50, with 1,486 units, Mayberry Investments ended trading at $6.05, with 38,000 shares, NCB Financial Group traded with a loss of 21 cents at $99.59, with 259,556 shares. 1834 Investments finished trading at $1.20, with 12,919 shares, PanJam Investment ended at $41.25, with 8,108 units, Portland JSX concluded trading 30 cents higher at $11, with 2,000 shares, Pulse Investments finished 9 cents higher at $1.99, trading 8,084 shares. Radio Jamaica settled with a loss of 5 cents at $1.05, with 9,046 shares, Sagicor Group ended trading $1 higher at $36, with 676,952 stock units, Sagicor Real Estate Fund ended trading at $14, with 5,962 shares, Salada Foods traded at $12.50, with 1,735 units, Scotia Group finished trading 50 cents higher at $50.50, with 465,642 shares. Seprod closed with a loss of $1.19 at $28.81, with 874 shares, Supreme Ventures concluded trading with a loss of 25 cents at $11, with 77,665 stock units, VM Investments Limited finished 12 cents higher at $4.12, with 470,256 units and Wisynco Group settled 5 cents higher at $10.70, with 1,127,628 shares. In the main market preference segment, Jamaica Money Market traded at $2, with 10,000 stock units changing hands.

Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “Main market in sharp fall – Monday.”

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Buying of VM Investments & Wisynco eases

January 19, 2018 by

JMMB Group 7.5% preference shares was the most traded stock on the JSE on Friday.

Demand for shares in newly listed Victoria Mutual Investments and Wisynco Group slipped back in trading on the main market of the Jamaica Stock Exchange on Friday to under 1 million units combined and thy fell to 5th and 6th spots in volumes traded.
Market activity ended on Friday with 22 securities changing hands from 29 on Thursday, of which 9 advanced, 11 declined an 5 traded firm leading to Market activity ended with 5,850,045 shares valued at $76,630,033 changing hands.
At the close of the market the JSE All Jamaican Composite Index declined by 26.30 points to 311,724.51 and the JSE Index fell by 23.96 points to 284,016.29.
In main market activity, Cable & Wireless concluded trading 3 cents higher at $1.35, with 717,043 units, Carreras finished 7 cents higher at $11.37, with 89,636 shares,Caribbean Cement settled at $35, with 1,500 shares, Grace Kennedy traded at $43.45, with 3,391 stock units, Jamaica Broilers finished trading with a loss of 2 cents at $17.50, with 230,169 units. Jamaica Producers closed with a loss of $1.50 at $16.50, with 12,700 shares, Jamaica Stock Exchange ended at $7, with 24,145 shares,
JMMB Group concluded trading $1 higher at $26, with 35,219 shares trading, Kingston Properties finished 1 cent higher at $6.01, with 2,444 stock units. Kingston Wharves jumped $3.42 to $33.50, with 1,016 units, Mayberry Investments ended trading 28 cents higher at $6.05, with 51,446 shares, NCB Financial Group traded at $99.80, with 59,009 shares, 1834 Investments finished trading 5 cents higher at $1.20, with 4,504 shares. Radio Jamaica rose 5 cents to close at $1.10, with 5,000 shares, Sagicor Group ended trading with a loss of 50 cents at $35, with 311,149 stock units, Salada Foods traded $1.50 higher at $12.50, with 220 units, Scotia Group finished trading with a loss of $2.99 to close at $50, with 637,638 shares. Seprod closed with a rise of $1.50 to $30, with 6,597 shares, Supreme Ventures concluded trading 25 cents higher at $11.25, with 1,101,640 stock units, VM Investments Limited finished with a loss of 10 cents at $4, with 462,166 units and Wisynco Group settled 15 cents higher at $10.65, with 433,313 shares. In the main market preference segment, JMMB Group 7.5% closed with a loss of 3 cents at $1.15, with 1,660,100 shares.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “Main market almost steady – Friday.”

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Main market almost steady – Friday

January 19, 2018 by

Scotia Group dropped $2.99 to $50.

Trading on the Main Market of the Jamaica Stock Exchange ended on Friday with JSE All Jamaican Composite Index declined by 26.30 points to 311,724.51 and the JSE Index declined by 23.96 points to 284,016.29.
Main market activities ended with 11 stocks rising, 6 declining and 5 trading firm as 22 securities traded versus 22 on Thursday. Market activity ended with 5,850,045 shares valued at $76,630,033, in contrast to 4,616,878 shares valued at $176,039,060 on Thursday.
Trading in the US dollar market ended Proven Investments trading 20,256 ordinary shares with a value of US$4,456 at 22 US cents. The JSE US Equities Index closed with a loss of 0.09 points to 168.75.
Trading ended with an average of 265,911 units for an average of $3,483,183 in contrast to 164,889 units for an average of $6,287,109 on Thursday. The average volume and value for the month to date amounts to 256,686 units valued at $6,288,571 and previously 256,118 units valued at $6,475,597. December closed with average of 686,156 units valued at an average of $8,654,832 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with bids higher than their last selling prices and 5 with lower offers.
The major movers at the close of the market are, Victoria Mutual Investments trading just under the million range, with 462,000 units changing hands and Wisynco Group exchanging 433,000 units, down from the 1 million range that they have been trading at shortly after listing in late December. Supreme Ventures traded 1.1 million units and JMMB Group 7.5% preference share ended with 1,660,100 shares trading.

Price changes saw, JMMB Group adding $1 to close at $26, Jamaica Producers gave back the $1.50 increase made on Thursday to end on Friday at $16.50, Kingston Wharves jumped $3.42 to $34.50, Salada Foods gaining $1.50 to end at $12.50, Scotia Group fell $2.99 to close at $50 and Seprod rose $1.50 back to $30.
For more details of market activities see – Buying of VM Investments & Wisynco eases.

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Main market makes big gains – Thursday

January 19, 2018 by

Wisynco producers of Wata, traded 1.75 million shares on Thursday.

The Main Market of the Jamaica Stock Exchange recovered some lost ground on Thursday with JSE All Jamaican Composite Index jumping 1,681.33 points to 311,750.81 and the JSE Index climbing 1,531.89 points to 284,040.25.
Main market activities ended with 9 stocks rising, 11 declining and 5 trading firm as 22 securities traded versus 22 on Wednesday.
Market activity ended with 4,616,878 shares valued at $176,039,060, in contrast to 3,008,815 shares valued at $51,707,605 on Wednesday.
Trading in the US dollar market ended Proven Investments trading 78,270 ordinary shares with a value of US$17,207 at 22 US cents. The JSE US Equities Index closed with a loss of 0.09 points to 168.66.
Trading ended with an average of 164,889 units for an average of $6,287,109 in contrast to 136,764 units for an average of $2,350,346 on Wednesday. The average volume and value for the month to date amounts to 256,118 units valued at $6,475,597 and previously 263,882 units valued at $6,493,073. December closed with average of 686,156 units valued at an average of $8,654,832 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 2 stocks ended with bids higher than their last selling prices and 4 with lower offers.
The major movers at the close of the market are, Victoria Mutual Investments trading just under the million range, with 893,653 units changing hands and Wisynco Group exchanging 1,751,629 units. Price changes saw Berger Paints closing $1.49 higher at $18, Caribbean Cement jumping $2.50 to close at $35, Jamaica Producers closed $1.50 higher at $18, Kingston Wharves settled with a loss of $1.42 at $30.08 and Seprod concluded trading with a loss of $1.50 at $28.50.
For more details of market activities see – Demand rise for VM Investments & Wisynco .

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Demand rise for VM Investments & Wisynco

January 18, 2018 by

VM Investments volume rose on thursday.

Demand for shares in newly listed Victoria Mutual Investments and Wisynco Group rose trading on the main market of the Jamaica Stock Exchange to more than 2.645 million units with the prices of both rise at the close.
Market activity ended on Thursday with 28 securities changing hands up from 22 on Wednesday, of which 9 advanced, 10 declined, 9 traded firm leading to 4,616,878 shares valued at $176,039,060 changing hands.
At the close of the market the JSE All Jamaican Composite Index leapt 1,681.33 points to 311,750.81 and the JSE Index rose 1,220.52 points to 282,508.36.
In main market activity, Barita Investments ended with a loss of 60 cents at $7.90, with 2,466 stock units, Berger Paints closed $1.49 higher at $18, with 19,967 shares, Cable & Wireless concluded trading at $1.32, with 63,275 units, Carreras finished 24 cents higher at $11.30, with 131,538 shares, Caribbean Cement jumped $2.50 to close at $35, with 24,777 shares. Grace Kennedy traded 45 cents higher at $43.45, with 4,152 stock units, Jamaica Broilers finished trading with a loss of 48 cents at $17.52, with 750,362 units, Jamaica Producers closed $1.50 higher at $18, with 21,873 shares, JMMB Group concluded trading with a loss of 11 cents at $25, with 59,672 shares. Kingston Properties finished at $6, with 3,698 stock units, Kingston Wharves settled with a loss of $1.42 at $30.08, with 22,061 units, Mayberry Investments ended trading with a loss of 93 cents at $5.77, with 39,335 shares, NCB Financial Group traded at $99.80, with 38,998 shares. 1834 Investments finished trading with a loss of 12 cents at $1.15, with 55,000 shares, PanJam Investment ended $2.73 higher at $41.25, with 3,225 units, Radio Jamaica settled with a loss of 5 cents at $1.05, with 47,500 shares, Sagicor Group ended trading with a loss of 1 cent at $35.50, with 10,972 stock units, Sagicor Real Estate Fund finished trading at $14, with 23,200 stock units, Salada Foods traded at $11, with 5,000 units, Scotia Group finished trading at $52.99, with 122,416 shares, Seprod concluded trading with a loss of $1.50 at $28.50, with 1,257 stock units, Sterling Investments finished at $13, with 22,451 units. Supreme Ventures settled with a loss of 60 cents at $11, with 311,151 shares, VM Investments Limited ended trading 11 cents higher at $4.10, with 893,653 shares, Wisynco Group traded 50 cents higher at $10.50, with 1,751,629 shares and In the main market preference segment, Jamaica Public Service finished at $1,302, with 93,000 shares, Jamaica Money Market traded 93,150 stock units 20 cents higher at $ and JMMB Group closed with a loss of 1 cent at $1.18, trading 1,100 shares.

Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “Main market make big gains – Thursday.”

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Volume climbs for VM Investments and Wisynco

January 17, 2018 by

Victoria Mutual Investments and Wisynco Group dominated trading with nearly 1 million shares trading for each company on the main market of the Jamaica Stock Exchange as investor cnt seem to get enough of these companies.
Market activity ended on Wednesday with 22 securities changing hands, of which 9 advanced, 8 declined, 5 traded firm leading to 3,008,815 shares valued at $51,707,605 changing hands.
At the close of the market the JSE All Jamaican Composite Index fell 1,339.60 points to 310,069.48 and the JSE Index lost 1,220.52 points to 282,508.36.
In main market activity, Berger Paints closed at $16.51, with 100 shares, Cable & Wireless concluded trading at $1.32, with 190,904 units, Carreras finished 1 cent higher at $11.06, with 102,578 shares, Caribbean Cement settled with a loss of 1 cent at $32.50, with 1,255 shares, Ciboney Group ended trading with a loss of 1 cent at 34 cents, with 1,200 shares. Grace Kennedy traded with a loss of 36 cents at $43, with 36,813 stock units, Jamaica Broilers finished trading 50 cents higher at $18, with 40,566 units, Jamaica Producers closed at $16.50, with 7,650 shares, Jamaica Stock Exchange ended 5 cents higher at $7, with 21,400 shares. JMMB Group concluded trading 38 cents higher at $25.11, with 35,034 shares, Kingston Properties finished at $6, with 5,694 stock units, NCB Financial Group traded 23 cents higher at $99.80, with 69,739 shares, 1834 Investments finished trading at $1.27, with 496 shares. PanJam Investment ended with a loss of 62 cents at $38.52, with 17,275 units, Radio Jamaica settled 5 cents higher at $1.10, with 20,500 shares, Sagicor Group ended trading 50 cents higher at $36.50, with 65,692 stock units, Scotia Group finished trading $2.75 higher at $52.99, with 438,944 shares. Seprod closed $1 higher at $30, with 8,476 shares, Supreme Ventures concluded trading 11 cents higher at $11.60, with 74,120 stock units, VM Investments Limited finished with a loss of 6 cents at $3.99, with 864,709 units, Wisynco Group settled with a loss of 10 cents at $10, with 981,918 shares and Sagicor Real Estate Fund ended trading with a loss of 25 cents at $14, with 23,752 shares.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see Main market lost more ground – Wednesday.

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Wisynco volume slips below 500,000 shares

January 16, 2018 by

One of the Sagicor Real Estate Fund properties.

Recent listings, Victoria Mutual Investments and Wisynco Group continue to be amongst the three leading trades in the main market of the Jamaica Stock Exchange on Tuesday, with the two being bettered, by Sagicor Real Estate Fund with over 874,000 shares.
Market activity ended with 23 securities changing hands, of which 6 advanced, 11 declined, 7 traded firm leading to 2,769,195 shares valued at $33,208,767 changing hands.
At the close of the market the JSE All Jamaican Composite Index fell 751.79 points to 311,409.08 and the JSE Index lost 684.96 points to end at 283,728.88.
In main market activity, Berger Paints closed with a loss of 49 cents at $16.51, with 23,275 shares, Cable & Wireless concluded trading at $1.32, with 159,543 units, Carreras finished with a loss of 24 cents at $11.05, with 109,027 shares, Caribbean Cement added $1.45 higher at $33.50, with 23,389 shares, Grace Kennedy traded 36 cents higher at $43.36, with 26,180 stock units. Jamaica Broilers finished trading 26 cents higher at $17.50, with 19,596 units, Jamaica Producers closed with a loss of 20 cents at $16.50, with 12,332 shares, Jamaica Stock Exchange ended at $6.95, with 1,663 shares, JMMB Group concluded trading with a loss of 27 cents at $24.73, with 102,431 shares. Kingston Wharves settled at $31.50, with 15,927 units, NCB Financial Group traded 7 cents higher at $99.57, with 20,895 shares, 1834 Investments finished trading at $1.27, with 105,430 shares, PanJam Investment ended with a loss of $2.36 to end at $39.14, with 750 units. Pulse Investments finished with a loss of 20 cents at $1.90, with 36,847 shares, Radio Jamaica settled with a loss of 5 cents at $1.05, with 76,870 shares, Sagicor Group ended trading at $36, with 53,529 stock units, Scotia Group finished trading with a loss of 26 cents at $50.24, with 41,045 shares. Sagicor Real Estate Fund ended trading at $14.25, with 874,293 shares, Seprod closed at $29, with 1,920 shares, Supreme Ventures concluded trading with a loss of 21 cents at $11.49, with 2,060 stock units, VM Investments Limited finished with a loss of 5 cents at $4.05, with 541,728 units and Wisynco Group settled 35 cents higher at $10.10, with 470,131 shares. In the main market preference segment, JMMB Group closed 3 cents higher at $1.19, with 100 shares and in the bond market 4,910 units of ISP Finance corporate bonds traded at $110 each.

Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “Main market stocks lost altitude – Tuesday.”

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Main market stocks bounce on Monday

January 15, 2018 by

The Main Market of the Jamaica Stock Exchange recovered close to half of the losses of the last two trading days, when nearly 5,000 points were lost on the all Jamaica Index on a day when advancing stocks were just edged out by decliners.
At the close of the market the JSE All Jamaican Composite Index rose 1,863.51 points to 312,160.87 and the JSE Index gained 1,697.87 points to 284,413.84.
Main market activities ended with 9 stocks rising, 10 declining and 3 trading firm as 22 securities traded down from 24 securities on Friday.
Market activity ended with 3,228,645 units valued at $37,292,283, in contrast to 3,151,082 units for $55,743,394 on Friday. Activity in the US dollar market ended with 1 security trading, resulting in Proven Investments trading 311,462 units, with a value of US$68,526 and the JSE US Equities Index closing with a loss of 4.67 points to 168.76.
Trading ended with an average of 146,757 units for an average of $1,695,104 in contrast to 137,004 units for an average of $2,423,626 on Friday. The average volume and value for the month to date amounts to 285,526 units valued at 7,299,578 and previously 297,178 units valued at 7,824,252. December closed with average of 686,156 units valued at an average of $8,654,832 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and 3 with lower offers.
The major movers at the close of the market are, the two recently listed companies that continue to be in good demand with Victoria Mutual Investments trading 489,507 units and Wisynco Group exchanging 1.1 million units trading. Price changes saw Berger Paint falling $1 to $17, JMMB Group rose $1.20 higher to $25 Kingston Properties fell $1.70 to $6, Pan Jam Investment gained $1 to $41.50, and Sagicor Group rose $1 to $36.
For more details of market activities see – Wisynco still trading more than 1m shares.

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