Jamaican Stock Exchange majors lose record

PanJam traded at a 52 weeks' high of $30.

PanJam traded at an intraday 52 weeks’ high of $30.

Prices surged on the main market of the Jamaica Stock Exchange, in the early morning session on Thursday to within 800 points of the 210,000 before closing down from Wednesday record close. The market ended with the All Jamaica Composite Index climbing 23 percent for the year to date, the JSE market index gaining 25 percent and the Combined index rising 28 percent.
The All Jamaica Composite Index fell 371.99 points, to close at 206,378.97. The JSE Market Index declined 332.62 points to finish at 188,914.07. The JSE combined index shed 89.56 points to close at 201,853.60.
Market activity ended with 39 securities changing hands. At the close, the prices of 21 stocks gained while 10 declined in the overall market, including 8 stocks rising and 4 falling, in the junior market.
At the close with 4,537,612 units valued at $81,171,835 changed hands, compared to 4,343,022 units valued at $31,074,893 changing hands on Wednesday. Of the stocks traded, the junior market accounted for 943,860 units changing hands, valued at $5,642,777.
ICI JSE sum 29-12-16 The average trade for the day in the main market ended at 149740 shares compared to an average of 81,706 units traded on Wednesday. The average for the month to date stands at 176,057 shares compared to an average of 202,375 units for the month up to Wednesday. November ended with an average of 208,466 units.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 22 stocks with bids higher than their last selling prices and 3 with lower offers.
Some notable stocks with bids above the last sale price are Carreras with a bid of $66.65 compared to the last sale of $66.01,Kingston Wharves with a bid of $23 versus the last price of $20.01, National Commercial Bank with a bid of 50.50 compared to the last sale of $49.76, Pan Jam with a bid of $27.50 versus the last price of $27, Sagicor X Fund with a bid of $13 versus the last sale of $12 and Scotia Group that traded at $35.01, with a bid of $35.50.
In market activity, Cable & Wireless rose 8 cents to close at 80 cents with 1,218,433 units trading, Caribbean Cement ended with loss of 90 cents while trading 6,075 shares at $34.50, Carreras lost 24 cents in exchanging 248,649 shares to close at $66.01, Grace Kennedy lost 1 cent to close at $40.99 with 1,025,560 shares changing hands. Jamaica Broilers rose by 97 cents and closed at $15.05 with 29,552 shares changing hands, Jamaica Producers gained 20 cents to end at $9.05 with 412,176 units trading, Jamaica Stock Exchange gained 5 cents in trading 70,355 shares, to end at $5.60.ICI JSE fnqts 29-12-16 JMMB Group traded 109,870 units and gained 51 cents to end at $14.99, Mayberry Investments fell 40 cents to end at $5 with 12,927 shares changing hands, National Commercial Bank ended at $49.76 with 5,915 shares changing hands, PANJAM Investment traded 4,325 shares and gained $3 to close at a 52 weeks’ high of $30. Sagicor Group lost $1 in closing with 81,850 shares changing hands at $29, Sagicor X Fund ended with 177,629 units trading with a gain of 55 cent to close at $12, Scotia Group with 130,524 shares changing hands, closed with a gain of 2 cents at $35.01. Scotia Investments gained $1 with 2,515 units trading to end at $31, Seprod jumped $2.30 to end at $29.80 with 7,850 units changing hands, Supreme Ventures traded 19,400 shares at $5.07 and Proven Investments closed at 21.95 US cents, with 16,578 units changing hands.

Jamaican stocks surge to record close

JSE inx 28-12-16 Prices surged on the main market of the Jamaica Stock Exchange, to close on Wednesday at a new closing high as the main market indices were up by more than 4,000 points. The market ended with the All Jamaica Composite Index climbing 23.5 percent for the year to date, the JSE market index gaining 25.6 percent and the Combined index rising 27.6 percent.
The All Jamaica Composite Index had sharp uptick of 4,561.30 points, to close at 206,750.96. The JSE Market Index surged 4,078.62 points to finish at 189,246.69. The JSE combined index jumped 3,991.66 points to close at 201,943.16.
Market activity ended with 36 securities changing hands. At the close, the prices of 13 stocks gained while 8 declined in the overall market, including 4 stocks rising and 3 falling, in the junior market.
At the close with 4,343,022 units valued at $31,074,893 changed hands, compared to 4,431,672 units valued at $71,950,263 changing hands on Thursday. Of the stocks traded, the junior market accounted for 2,545,501 units changing hands, valued at $2,533,304.
ICI JSE sum 28-12-16 The average trade for the day in the main market ended at 81,706 shares compared to an average of 167,153 units traded on Friday. The average for the month to date stands at 202,375 shares compared to an average of 323,045 units for the month up to Friday. November ended with an average of 208,466 units.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 13 stocks with bids higher than their last selling prices and 7 with lower offers.
Some notable stocks with bids above the last sale price are Kingston Wharves with a bid of $21 versus the last price of $20.01 Pan Jam with a bid of $27.50 versus the last price of $27 and Seprod with a bid of $29.80 with a last sale of $27.50.
In market activity, Barita Investments closed with a gain of 45 cents to $6 with 59,690 shares trading, Berger Paints traded 14,000 shares to end at $5.60, Cable & Wireless rose 2 cents to close at 72 cents with 98,075 units trading, Caribbean Cement ended with gain of $4.70 while trading 25,306 shares at $35.40. Ciboney traded 257,346 shares at 22 cents, Grace Kennedy closed at $41 with 7,900 shares changing hands, Jamaica Broilers closed at $14.08 with 7,515 shares changing hands, Jamaica Producers lost 30 cents to end at $8.85 with 968,280 units trading, ICI JSE fnqts 28-12-16Jamaica Stock Exchange fell 4 cents in trading 5,325 shares, to end at $5.55. Mayberry Investments fell 10 cents to end at $5.40 with 63,413 shares changing hands, National Commercial Bank rose 76 cents to end at $49.76 with 27,850 shares changing hands, PANJAM Investment traded 2,000 shares to close at $27. Pulse Investments traded 115,621 shares with a fall of 90 cents to close at $3, Radio Jamaica traded 80,000 shares to close at $1.22 after rising 2 cents, Sagicor Group closed with 8,250 shares changing hands at $30, Scotia Group with just 5,000 shares changing hands and closed with a gain of 99 cents at $34.99 and Proven Investments closed at 21.95 US cents up from 21.05 US cents, with 37,735 units changing hands.

Sagicor Group jumps $2.30 to a new record

Sagicor Group ended at a record close on Friday of $30.

Sagicor Group ended at a record close on Friday of $30.

Sagicor Group jumps $2.30 to a record $30 In trading on the Jamaica Stock Exchange at the close of the market on Friday.
The market closed with reduced volume and value from the previous day with advancing stocks beating declining stocks almost 3 to 1 but the main market indices fell but the junior index hit a new record high.
The All Jamaica Composite Index dropped by 935.46 points, to close at 202,189.66 to be up by 21 percent for the year to date. The JSE Market Index lost 836.47 points to finish at 185,168.07. The JSE combined index declined by 350.93 points to close at 197,951.50, with gain for the year to date, of 25 percent.
Market activity ended with 37 securities changing hands, at the close, the prices of 19 stocks gained while 7 declined in the overall market, including 7 stocks rising and 3 falling, in the junior market.
At the close with 4,431,672 units valued at $71,950,263 changed hands, compared to 2,742,916 units valued at $409,709,133 changing hands on Thursday. Of the stocks traded, the junior market accounted for 587,155 units changing hands, valued at $2,533,304.
ICI JSE sum 23-12-16 The average trade for the day in the main market ended at 167,153 shares compared to an average of 85,825 units traded on Thursday. The average for the month to date stands at 478,937 shares compared to an average of 323,045 units for the month up to Thursday. November ended with an average of 208,466 units.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 12 stocks with bids higher than their last selling prices and 2 with lower offers. Some notable stocks with bids above the last sale price are Jamaica Broiler with a bid of $14.50 versus the last price of $14.08, Pan Jam with a bid of $30 versus the last price of $27 and Seprod with a bid of $29.80 with a last sale of $27.50.
In market activity, Berger Paints traded 8,109 shares and gained 1 cent to end at $5.60, Barita Investments traded 7,628 shares to end unchanged at $5.55, Cable & Wireless rose 5 cents to low of 70 cents with 418,150 units trading, Caribbean Cement traded with a loss of $1.30 while trading 26,766 shares at $30.70. Grace Kennedy gained $1 to close at $41 with 152,861 shares changing hands, Jamaica Broilers fell 92 cents and closed at $14.08 with 21,700 shares changing hands, Jamaica Producers gained 15 cents to end at $9.15 with 1,070,390 units trading, Jamaica Stock Exchange traded 17,545 shares, to end at $5.59. JMMB Group traded 8,734 shares at $14.48, Montego Ice traded 207,650 units at $20, National Commercial Bank recovered 1 cent and ended at $49 with 57,225 shares changing hands, PANJAM Investment traded 35,259 shares and dropped $1.10 to close at $27. ICI JSE fnqts 23-12-16Radio Jamaica traded 25,774 shares to close at $1.20 after rising 12 cents, Sagicor Group jumped $2.30 to close with 1,393,691 shares changing hands at a 52 weeks’ high of $30, Scotia Group with 41,948 shares changing hands and closed at $34. Scotia Investments rose 70 cents with 2,013 units changing hands to close at $30, Seprod closed trading at $27.50 with 82,176 shares changing hands, Supreme Ventures traded just 2,223 units to end with the price gaining 17 cents to $5.07, Proven Investments declined from 21.95 US cents to end at 21.05 US cents, with 44,930 units changing hands and JMMB Group 7.5% preference share traded 200,000 units to close at $1.08.

JPS preference share jumps $36 to $1,283

JPS preference share was the biggest mover on Thursday.

JPS preference share was the biggest mover on Thursday.

In Jamaica Stock Exchange trading on Thursday, Jamaica’s light and power company, Jamaica Public Service Company 7 percent preference share jumped $36 to a record high of $1,283 with 299,9000 units changing hands.
The market closed with reduced volume and value from the previous day with price changes, equally split between rising and declining stocks.
The All Jamaica Composite Index inched up by 147.22 points, to close at 203,125.12 to be up by 21 percent for the year to date. The JSE Market Index gained 131.64 points to finish at 186,004.54. The JSE combined index declined by 57.36 points to close at 198,302.43, with gain for the year to date, of 25 percent.
Market activity ended with just 25 securities changing hands, at the close, the prices of 8 stocks gained while 8 declined in the overall market, including 1 stocks rising and 4 falling, in the junior market.
At the close with 2,742,916 units valued at $409,709,133 changed hands, compared to 29,273,598 units valued at $1,131,638,942 changing hands on Wednesday. Of the stocks traded, the junior market accounted for 1,283,884 units changing hands, valued at $6,029,065.
ICI JSE sum 22-12-16 The average trade for the day in the main market ended at 85,825 shares compared to an average of 1,205,881 units traded on Wednesday. The average for the month to date stands at 478,937 shares compared to an average of 872,049 units for the month up to Wednesday. November ended with an average of 208,466 units.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 17 stocks with bids higher than their last selling prices and 4 with lower offers.
In market activity, Grace Kennedy fell 99 cents to close at $40 with 248,497 shares changing hands, Jamaica Broilers rose 50 cents and closed at $15 with mere 317 shares changing hands, Jamaica Producers gained 50 cents to end at $9 with 137,243 units trading, Jamaica Stock Exchange traded 3,728 shares, to end at $5.59. JMMB Group traded 3,328 shares at $14.48, Kingston Wharves ended trading 800 shares to close at $19.70 after adding 30 cents, National Commercial Bank lost 1 cent and ended at $48.99 with 5,274 shares changing hands, ICI JSE fnqts 22-12-16PANJAM Investment traded 2,377 shares and jumped 65 cents to close at a 52 weeks high of $28.10. Sagicor Group lost 10 cents to close with 149,513 shares changing hands, Sagicor Real Estate Fund traded 29,309 units to close with a gain of 49 cents at $11.49, Scotia Group with 21,945 shares changing hands and closed at $34. Scotia Investments dropped $4.10 with 1,828 units changing hands to close at $29.30, Seprod closed trading at $27.50 with 2,200 shares changing hands, Supreme Ventures traded 500,000 units to end with the price falling 12 cents at $4.90 and Proven Investments declined from 22 US cents to end at 21.95 US cents, with 53,485 units changing hands.

Jamaican stocks pull back from record

Sagicor Group closed at a 52 weeks' high on Thursday on the JSE.

Sagicor Group closed at a 52 weeks’ high on Thursday on the JSE.

Trading rose on the Jamaica Stock Exchange on Wednesday with increased volumes and value but prices mostly fell back as the indices pulled back from the record close on Tuesday.
The All Jamaica Composite Index closed with a fall of 205.12 points at 202,977.90 to be up by 21 percent for the year to date. The JSE Market Index dropped 183.41 points to finish at 185,872.90. The JSE combined index declined by 351.05 points to close at 198,359.79, with gain for the year to date, of 25 percent.
Market activity ended with 40 securities changing hands, at the close, the prices of 10 stocks gained while 17 declined in the overall market, including 3 stocks rising and 4 falling, in the junior market.
At the close with 29,273,598 units valued at $1,131,638,942 changed hands, compared to 22,971,772 units valued at $146,022,777 changing hands on Tuesday. Of the stocks traded, the junior market accounted for 332,445 units changing hands, valued at $1,568,652.
ICI JSE sum 21-12-16 The average trade for the day in the main market ended at 1,205,881 shares compared to an average of 728,789 units traded on Tuesday. The average for the month to date ends at 872,049 shares compared to an average of 538,216 units for the month up to Tuesday. November ended with an average of 208,466 units.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 11 stocks with bids higher than their last selling prices and 6 with lower offers.
In market activity, Barita Investments traded 7,628 shares to end unchanged at $5.55, Cable & Wireless fell 5 cents to a 52 weeks’ low of 65 cents with 260,217 units trading, Caribbean Cement traded with a loss of $1.19 while trading 1,700 shares at $32, Carreras lost 25 cents in exchanging 12,795 shares to close at $66. Investors traded 19,691 shares of 1834 Investments to close with a rise of 1 cent at $1.16, Grace Kennedy gained 98 cents to close at $40.99 with 4,020 shares changing hands. Jamaica Broilers closed at $14.50 with 9,583 shares changing hands, after falling 41 cents, Jamaica Producers lost 71 cents to end at $8.50 with 949,034 units trading, Jamaica Stock Exchange traded 999 shares, to end at $5.59 after falling by a cent, JMMB Group traded 11,569 shares and gained 47 cents to close at $14.48. Kingston Wharves ended trading 27,322 shares to close at $19.40 after slipping 20 cents, Mayberry Investments ended trading with 22,609 shares, to close with a rise of 70 cents at $5.50, National Commercial Bank ended at $49 with 17,096,730 shares changing hands, PANJAM Investment traded 1,173,845 shares but fell 5 cents to close at $27.45. Radio Jamaica lost 12 cents to close at $1.08 with 34,484 shares trading. ICI JSE fnqts 21-12-16Sagicor Group closed with 8,850,415 shares changing hands, 30 cents higher at a 52 weeks’ closing high of $27.80, Sagicor Real Estate Fund traded 159,673 units to close with a gain of 5 cents at $11, Scotia Group lost 90 cents with 63,901 shares changing hands and closed at $34. Scotia Investments dropped $4.10 with 1,828 units changing hands to close at $29.30, Seprod lost $2.50 to close trading at 27.50 with 37,856 shares changing hands, Supreme Ventures traded 117,534 units to end with a rise of 2 cents at $5.02 and Proven Investments declined from 22 US cents to end at 21.95 US cents, with 72,620 units changing hands.

Jamaican stocks break the 205,000 mark

JSE inx 19-12-16 The All Jamaica Composite Index surged sharply by more than 3,100 points shortly before the close of trading on Monday to a new intraday high of 205,169.41, but closed with a gain of 2,311.21 points, to end at a new record close of 204,248.09 to be up by 22 percent for the year to date.
The JSE Market Index jumped 2,066.63 points to finish at a record 187,008.67. The JSE combined index ballooned by 3,136.04 points to first time to end at close above the 200,000 points level for the first time to a record 200,132.17 but closed trading up 2,361.91 points to a record close of 199,358.04, with gain for the year to date, of 26 percent.
Market activity ended with 36 securities changing hands, at the close, the prices of 20 stocks gained while 7 declined in the overall market, including 9 stocks rising and 2 falling, in the junior market.
Grace Kennedy was by far the leading trade with 7,715,941 units with a value of $877.98 million to end at $40, after falling 99 cents.
At the close with 15,872,231 units valued at $373,022,747 changed hands, compared to 7,137,871 units valued at $101,431,149 changing hands on Friday. Of the stocks traded, the junior market accounted for 5,515,300 units changing hands, valued at $26,556,207.
ICI JSE sum 19-12-16 The average trade for the day in the main market ended at 347,644 shares compared to an average of 178,088 units traded on Friday. The average for the month to date ends at 248,915 shares compared to an average of 150,187 units for the month up to Friday. November ended with an average of 208,466 units.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 9 stocks with bids higher than their last selling prices and 9 with lower offers.
In market activity, Berger Paints traded 15,000 shares and but lost 10 cents to end at $5.60, Cable & Wireless had 559,968 units trading as the price slipped 10 cents to end at 80 cents, after it traded as high as 95 cents. Caribbean Cement traded with a gain of $1 while trading 8,112 shares at $36, Carreras exchanged 12,897 shares at $66, Investors traded 10,500 shares of 1834 Investments to close at $1.35. Jamaica Broilers ended trading with 30,000 units with a rise of 5 cents at $15.05. Jamaica Stock Exchange traded 159,308 shares, to end at $5.60, JMMB Group traded 31,193 shares and rose 31 cents to close at $13.86. ICI JSE fnqts 19-12-16rKingston Wharves traded 12,647 shares and gained 10 cents to $19.60. Mayberry Investments ended trading 733,287 shares, to close with a fall of 15 cents at $5.50, National Commercial Bank rose 49 cents and ended at $49.49 with 2,090 shares changing hands, PANJAM Investment traded 42,132 shares to close at $26.98, Sagicor Group closed with 132,469 shares changing hands to end 2 cents lower at $27.03. Sagicor Real Estate Fund traded 16,981 units to close with a gain of 5 cents at $10.95, Scotia Group with 718,493 shares changing hands closed at $34, Scotia Investments jumped $2.99 with 12,500 units changing hands to close at $33.49 and Supreme Ventures rose 15 cents to end at $5, with 143,313 units changing hands.

Jamaican stocks close at another record

 Carib Cement jumped  to a new high on Monday.

Carib Cement jumped to a new high on Monday.

The Jamaica Stock Exchange ended at another record close, with the All Jamaica Composite Index ending just under 201,000 points level as 35 securities changed hands, with the prices of 18 stocks ending with gains while 8 declined in the overall market, including 6 stocks rising and 2 falling, in the junior market.
At the close the All Jamaica Composite Index gained 225.66 points to end at 200,882.22, the index recorded gains of 20 percent for the year to date. The JSE Market Index rose 201.78 points to finish at 183,686.54. The JSE combined index increased by 195.58 points to end at 195,510.75, with a gain for the year to date of 23.5 percent.
At the close with 3,151,271 units valued at $45,655,245 changed hands, compared to 4,934,021 units valued at $48,374,405 changing hands on Friday. The junior market accounted for 1,021,062 units changing hands, valued at $5,305,996 of the stocks traded.
The average trade for the day in the main market ended at 85,208 shares compared to an average of 152,905 units traded on Friday with the average for the month to date being 128,061 units compared to 170,913 units for the month up to Friday. November ended with an average of 208,466 units.
ICI JSE sum 12-12-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 15 stocks with bids higher than their last selling prices and 3 with lower offers.
In market activity, Berger Paints closed at $5.35 with 4,500 shares trading, Cable & Wireless lost 1 cent, in trading 413,195 units, at 76 cents, Caribbean Cement jumped $1.44 in trading 15,758 shares, to close at a 52 weeks’ high of $36.45, Carreras rose 1 cent in exchanging 19,414 shares at $66. Investors traded 82,610 shares of 1834 Investments to close at $1.30, Grace Kennedy traded 36,947 shares to close with a loss of 69 cents at $41.10, Jamaica Broilers lost 10 cents and ended trading with 8,100 units, to close at $14.65, Jamaica Stock Exchange traded 14,700 shares, to end with a rise of 1 cent at $5.36. JMMB Group traded 2,114 shares to close at $13.80. Kingston Wharves traded with a rise of 30 cents while 5,550 shares crossed hands to close at $19.40, Margaritaville Turks ended with 10,000 shares trading, to close at 22.1 US cents.ICI JSE sum 12-12-16 Mayberry Investments ended trading 108,960 shares, to close at $4.95, after rising by 45 cents, National Commercial Bank shed $1 and ended at $48 with 80,765 shares changing hands, PANJAM Investment traded 27,700 shares to close at $24.50, Radio Jamaica traded 137,260 units while rising 3 cents to close at $1.23. Sagicor Group closed with 810,095 shares changing hands to close with a rise of 3 cents at $26.05, Scotia Group gained 6 cents, with 8,900 shares changing hands, to close at $33.56. Sterling Investments ended at $15.70 with 24,143 shares being swapped by investors, Supreme Ventures gained 1 cent and ended at $4.71 with 66,895 units changing hands and Proven Investments traded 223,687 shares at 19 US cents, up from 18.56 US cents.

Jamaican stocks just miss another record

Caribbean Cement traded at an intraday high of $36.40 on Friday.

Caribbean Cement traded at an intraday high of $36.40 on Friday.

The Jamaica Stock Exchange failed to hold on to another record close, as some price pulled back towards the close, pulling the All Jamaica Composite Index, from a mid-day high of 201,922.95 after jumping 1,156.01 points, to the closed trading at just 110 point below Thursday’s record close.
The record run was aided by 35 securities changing hands, with the prices of 15 stocks ending with gains while 15 declined in the overall market, including 5 stocks rising and 6 falling, in the junior market.
At the close the All Jamaica Composite Index declined 110.38 points to end at 200,656.56, the index recorded gains of 19.9 percent for the year to date. The JSE Market Index fell 98.70 points to finish at 183,484.76. The JSE combined index lost 20.90 points to end at 195,315.17, with a gain for the year to date of 23.4 percent.
At the close with 4,934,021 units valued at $48,374,405 changed hands, compared to 4,365,700 units valued at $35,619,605 changing hands on Thursday. The junior market accounted for 1,417,214 units changing hands, valued at $6,281,632 of the stocks traded.
ICI JSE sum 9-12-16 The average trade for the day in the main market ended at 152,905 shares compared to an average of 171,733 units traded on Thursday with the average for the month to date being 170,913 units compared to 188,922 units for the month up to Thursday. November ended with an average of 208,466 units.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 14 stocks with bids higher than their last selling prices and 6 with lower offers.
In market activity, Barita Investments closed with a gain of 1 cent to $5.51 with 1,693,000 shares trading, Berger Paints closed at $5.35 with 100,000 shares trading, Cable & Wireless lost 3 cents in trading 87,054 units to close at 77 cents, Caribbean Cement lost 99 cents in trading 62,133 shares to close at $35.01, after trading at an intraday high of $36.40. Grace Kennedy traded 66,036 shares to close with a gain of 79 cents at $41.79, Jamaica Broilers rose 3 cents and ended trading with 37,956 units, to close at $14.75, Jamaica Stock Exchange traded 398,756 shares, to end with a rise of 55 cents at $5.35, JMMB Group rose 80 cents in trading 31,414 shares to close at $13.80. Kingston Wharves traded with a loss of 16 cents while 32,621 shares crossed hands, Margaritaville Turks ended with 18,238 shares trading, to close at 22.1 US cents. Mayberry Investments ended trading 148,386 shares, to close at $4.50, after rising by 50 cents, ICI JSE fnqts 9-12-16rNational Commercial Bank shed 75 cents and ended at $49 with 44,300 shares changing hands, PANJAM Investment traded 50,335 shares and gained 60 cents to close at $24.50, Radio Jamaica traded 115,343 units while losing 10 cents to close at $1.20. Sagicor Group closed with 97,235 shares changing hands to close with a rise of 1 cent at $26.02, Sagicor Real Estate Fund traded 18,425 units with the price holding at $10.24, Scotia Group fell by 50 cents, with 405,160 shares changing hands, to close at $33.50. Scotia Investments gained 10 cents with 6,000 units changing hands, to close at $33, Sterling Investments ended at $15.70 with 20,410 shares being swapped by investors, Supreme Ventures lost 30 cents and ended at $4.70 with 13,605 units changing hands and Proven Investments traded 65,900 shares at 18.56 US cents.

All Jamaica 940 points shy of 200,000 milestone

Caribbean Cement jumped $4 on news of a bid to acquire majority shares in TCL by Cemex.

Caribbean Cement jumped $4 on news of a bid to acquire majority shares in TCL by Cemex.

The all Jamaica Composite index of the Jamaica Stock Exchange jumped sharply to record another closing high as the index surged nearly 2,500 points in Monday’s market activity leaving it 940 points shy of the significant 200,000 milestone as the index recorded gains of 18.9 percent for the year to date.
At the close the All Jamaica Composite Index ballooned 2,488.84 points to end at 199,059.92, the JSE Market Index climbed 2,225.47 points to finish at a record closing high of 182,057.08. The JSE combined index surged 2,164.39 points to end at another record high of 193,838.30, with a gain for the year to date of 22.5 percent.
Trading ended with 36 securities changing hands, the prices of 14 stocks gained while 9 declined in the overall market, including 7 stocks rising and 2 falling, in the junior market.
At the close with 11,768,589 units valued at $284,841,323 changed hands, compared to 7,589,638 units valued at $60,202,318 changing hands on Friday. The junior market accounted for 965,067 units changing hands, valued at $4,640,109 of the stocks traded.ICI JSE sum 5-12-16
The average trade for the day in the main market ended at 469,718 shares compared to an average of 352,582 units traded on Friday with the average for the month to date being 369,165 units and 268,613 for December to Friday, with November ending with an average of 208,466 units. IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 12 stocks with bids higher than their last selling prices and 5 with lower offers.
In market activity, Berger Paints lost 24 cents to close at $5.10 with 4,460 shares trading, Cable & Wireless rose 4 cents in trading 28,700 units to close at 80 cents, Caribbean Cement jumped $4 in trading 97,724 shares to close at $32, Grace Kennedy dropped $1.49, ended trading with 151,174 units to close at $40. Jamaica Producers closed at $8.30 with 31,128 shares changing hands, Jamaica Stock Exchange traded 143,182 shares, to end at $5.40, JMMB Group traded 230,720 units and rose 5 cents to end at $13.65,ICI JSE fnqts 5-12-16 Kingston Wharves ended trading 46,195 shares to close at $19. Margaritaville Turks rose 2 cents and ended with 8,640,000 shares trading, to close at 24.9 US cents. National Commercial Bank gained 15 cents and ended at $49.65 with 35,484 shares trading, PANJAM Investment traded 99,553 units at $23.25, after falling $1.25, Radio Jamaica lost 10 cents in trading 22,753 units to close at $1.30, Sagicor Group gained 25 cents with 51,353 shares changing hands at $26. Scotia Group jumped $1.90 with 344,599 shares changing hands to close at $35, Scotia Investments climbed 50 cents with 2,000 units changing hands to close at $33, Supreme Ventures fell 10 cents and ended at $4.80 with 10,400 units changing hands, Proven Investments traded 60,000 shares at 18.55 US cents and JMMB Group 7.50% preference share closed with 796,887 units changing hands at $1.06.

Record close greets December – JSE

Scotia climbs $1.27 to $33 on Thursday

Scotia climbs $1.27 to $33 on Thursday

The Jamaica Stock exchange main market, ended at a new closing high, starting the final month of the year positively. At the close, the All Jamaica Composite Index climbed 634.38 points to end at 195,897.14, a rise of 17 percent for the year to date. The gains obscure the nearly even advance decline ratio of stocks traded.
The JSE Market Index grew by 567.25 points to finish at a record closing high of 179,228.98. The JSE combined index rose 237.54 points to end at 190,880.57 with a gain for the year to date of 20.5 percent.
Trading ended with 33 securities changing hands, the prices of 11 stocks gained while 10 declined in the overall market, including 3 stocks rising and 4 falling, in the junior market.
At the close with 4,089,242 units valued at $37,502,327 changed hands, compared to 5,145,475 units valued at $84,668,693 changing hands on Wednesday. The junior market accounted for 2,955,623 units changing hands, valued at $13,246,216 of the stocks traded.
ICI JSE sum 1-12-16 The average trade for the day in the main market ended at just 56,681 shares compared to an average of 163,633 units traded on Wednesday with the average for the November ending at 208,466 units.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 9 stocks with bids higher than their last selling prices and 3 with lower offers.
In market activity, Cable & Wireless gained 5 cents in trading 64,494 units to close at 80 cents, Caribbean Cement with 4,300 shares trading closed at $28. Carreras lost 40 cents in exchanging 3,220 shares at $65.60, Grace Kennedy fell 40 cents and ended trading only 692 units at $41.60. Jamaica Broilers closed at $14.72 with 12,300 shares changing hands, Jamaica Producers traded 85,955 shares to end with a loss of 5 cents, at $8.25, Jamaica Stock Exchange traded 16,509 shares and fell 35 cents, to end at $5.20, JMMB Group traded 100,472 units at $13.63. Kingston Wharves ended trading 28,984 shares to close at $19, National Commercial Bank added 9 cents and ended at $50.10 with 112,759 shares trading,ICI JSE trds 1-12-16 PANJAM Investment traded 12,100 units at $24.32 after rising 2 cents, Portland JSX traded 13,500 units with the price losing 5 cents to $11. Radio Jamaica gained 5 cents in trading 3,930 units to close at $1.35, Sagicor Group dipped 40 cents with 330,766 shares changing hands at $25.60, Sagicor Real Estate Fund traded 7,026 units with the price ending at $10.25, while Scotia Group jumped $1.27 with 181,762 shares changing hands to close at $33. Supreme Ventures lost 15 cents and ended at $4.80 with 6,000 units changing hands and JMMB Group 7.50% preference share traded rose 5 cents to close with 133,100 units at $1.05.