JSE volume remains low on Friday

Margaritaville Turks traded 531,220 shares at 20 US cents on friday

Margaritaville Turks traded 531,220 shares at 20 US cents on friday

Trading volumes remained low on the Jamaica Stock Exchange on Friday even as the active number of securities remain at elevated levels. The market closed with 35 securities changing hands, accounting for just 3,475,337 units valued at $40,616,397, in all market segments. The junior market had 2,388,762 shares valued at $2,388,762 trading.
Investors pushed the price of 13 stocks in the overall market up, 13 down, including 3 stocks rising and 4 declining, from the junior market. The JSE Market Index moved down by 192.18 points to end at 153,690.27. The all Jamaica Composite Index declined by 214.93 points to close at 170,713.62 and the JSE combined index slipped 54.76 points, to close at 164,532.54.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the JSE Sum-20-5-16Investor’s Choice bid-offer indicator reading showed 18 stocks with bids higher than their last selling prices and 5 with lower offers.
At the end of market activities, Berger Paints traded with 4,500 shares to close at $4.38, Cable & Wireless fell 5 cents and closed at $1.28 after trading 143,757 units, Carreras dropped $1.49 with 20,051 units trading to close at $64.51, Grace Kennedy traded 100 units to gain $1 and closed at $90. Hardware and Lumber jumped $3.50 to end at $16 as 500 shares changed hands, Jamaica Broilers closed with a fall of 43 cents at $14.21 while trading 3,664 shares, Jamaica Producers traded 10,000 shares at $35, Margaritaville Turks traded 531,220 to end at 20 US cents.JSE mn fn qts 20-5-16 National Commercial Bank traded 37,465 shares, to close with a fall of 19 cents at $39.80. Pan Jamaican Investment climbed back $1.70 to close trading at $122.70 but with just 400 shares changing hands, Radio Jamaica rose 3 cents in trading 70,612 shares at $1.30, Sagicor Group ended with 71,400 shares changing hands, fell 20 cents, to end at $22.30. Scotia Group closed with a fall of $2.70 to end at $30 while 81,365 units changed hands, Scotia Investments fell $1.09 to $25 with 12,880 shares changing hands, Sterling Investments lost 92 cents and closed at $11.98 with 24,800 shares trading. Supreme Ventures closed at $5 with 16,339 shares changing hands, after falling 29 cents and Proven Investments traded with a gain of 2 US cents to 20 US cents with 49,000 shares trading.

Sharp dip in JSE volume on Thursday

Margaritaville Turks traded at a new 52 weeks' high on Thursday.

Margaritaville Turks traded at a new 52 weeks’ high on Thursday.

Very low volumes characterised trading on the Jamaica Stock Exchange on Thursday. The market closed with 36 securities changing hands, accounting for just 1,557,618 units valued at $12,995,729, in all market segments. The junior market had 793,977 shares valued at $3,056,734 trading.
Investors pushed the price of 16 stocks in the overall market up, 11 down, including 3 stocks rising and 4 declining, from the junior market. The JSE Market Index moved up 13.42 points to end at 153,882.45. The all Jamaica Composite Index rose 15.01 points to close at 170,928.55 and the JSE combined index gained 44.21 points, to close at 164,532.54.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the JSE Sum-19-5-16Investor’s Choice bid-offer indicator reading showed 12 stocks with bids higher than their last selling prices and 10 with lower offers.
At the end of market activities, Barita Investments ended with 20,617 units trading, to close at $3.05, with a fall of 45 cents, Berger Paints rose 10 cents with 5,389 shares to close at $4.38, Cable & Wireless gained 7 cents and closed at $1.33 after trading 227,698 units, Caribbean Cement traded 3,800 shares to close at $26. Carreras jumped $1.99 with 300 units trading to close at $66, Grace Kennedy traded 18,430 units to gain 90 cents and closed at $89, the price of 1834 Investments declined by 3 cents in trading 34,839 units to close at 99 cents, Jamaica Broilers closed with a rise of 14 cents at $14.64 while trading 13,182 shares. JSE mn fn qts 19-5-16Jamaica Producers traded 2,000 shares at $35, Kingston Wharves loss 13 cents in trading 4,000 stock unit at $11.52, Margaritaville Turks traded just 200 shares and gained 2.5 cents to end at a record 20 US cents, National Commercial Bank traded 10,108 shares, to close with a rise of 14 cents at $39.99. Pan Jamaican Investment pulled back $3.94 to close trading at $121 with 3,969 shares changing hands, Radio Jamaica rose 15 cents in trading 33,600 shares at $1.27, Sagicor Group ended with 201,084 shares changing hands, and gained 30 cents, to end at $22.50. Scotia Group closed with a gain of $1.70 to end at $32.70 while 20,246 units changed hands, Seprod lost 50 cents and closed at $17.50 with 21,667 shares trading, Supreme Ventures closed at $5.39 with 41,000 shares changing hands after rising 59 cents and Proven Investments traded at 18 US cents with 21,329 shares.

Proposed bonus pushes Jamaica Producers

Jamaica Producers stock price pushed by proposed stock bonus

Jamaica Producers stock price pushed by proposed stock bonus

Jamaica Producers jumped $3 to $35 after trading at a new intraday high of $36.05 with 281,335 shares changing hands in response to the announcement by the company of a likely stock bonus issue for consideration at the upcoming annual general meeting. The Jamaica Stock Exchange closed with 43 securities changing hands, accounting for 8,944,638 units valued at $141,245,567, in all market segments. The junior market had only 1,770,629 shares valued at $9,957,555 traded.
Investors pushed the price of 14 stocks in the overall market up, 17 down, including 5 stocks rising and 6 declining, from the junior market.
JSE Sum-17-5-16The JSE Market Index jumped 172.33 points to end at 153,423.94. The all Jamaica Composite Index rose 192.72 points to close at 170,415.77 and the JSE combined index dropped 268.79 points, to close at 164,254.49.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 10 stocks with bids higher than their last selling prices and 5 with lower offers.
At the end of market activities, Berger Paints traded 20,000 units with the price rising by 3 cents to $4.28, Cable & Wireless lost 5 cents and closed at $1.42 after trading 1,292,404 units, Caribbean Cement traded 629,300 shares to close at $26 after rising $1. Carreras traded 20,000 units with the price falling 40 cents to close at $63.60, Grace Kennedy dropped $2 with 2,920 shares trading to close at $88. The price of 1834 Investments declined by 2 cents in trading 118,100 units to close at $1, Jamaica Broilers closed with a rise of 15 cents at $14.65 while trading 2,634 shares. JSE mn fn qts 17-5-16JMMB Group traded 439,275
shares at $9.90, for a 9 cents loss. Kingston Wharves traded 62,199 shares and fell 15 cents to $11.65, Margaritaville Turks traded 427,500 shares at 17.5 US cents after rising half a cent, National Commercial Bank traded 308,396 shares, to close with a loss of 25 cents at $39.75. Pan Jamaican Investment closed trading at $125 with 55,085 shares changing hands, Radio Jamaica traded 85,158 shares at $1.10, Sagicor Group ended with 2,464,160 shares changing hands, but gained 20 cents, to end at $23. Scotia Group closed at $30 while 293,780 units changed hands after dropping 50 cents, Supreme Ventures closed at $4.65 with 468,462 shares changing hands after rising 15 cents and JMMB Group 6% preference share ended with 185,730 units trading at $1.10 after rising 1 cent.

JSE majors down juniors up

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Trading in the early morning session on the Jamaica Stock Exchange, on Tuesday saw the main market being active with stocks trading for 16 minutes before trading took place in the junior market. Trading resulted in the main market indices dropping and the junior market enjoying a moderate bounce.
ICI int sht 10-05-16Three stocks traded more than 100,000 units with Jamaica Broilers with 428,004 shares, Cable & Wireless Jamaica 118,112 units, Ciboney traded 418,270 units at 13 cents, Margaritaville Turks with 301,350 units, Proven Investments had 299,182 units changing hands but the price slipped to 17.05 US cents.
After 75 minutes of trading, on Tuesday, the average volume traded amounts to 70,975 units per active stock, compared to an average of 22,162 units in the mid-morning session on Monday.
Trading resulted in activity in 25 securities, accounting for 1,774,364 shares changing hands as 9 stocks gained and 6 declined.
The market saw the all Jamaica Composite Index dropped 986.08 points to 167,326.70, the JSE Market Index fell 881.71 points to 150,661.82, the JSE combined index ended with a fall of 676.76 points to 162,020.85 and the junior market index bounced 13.76 points to 2,170.67.

JSE drops 2,100 points on Monday

Scotia Group dropped $2.49 on Monday

Scotia Group dropped $2.49 on Monday

The Jamaica Stock Exchange racked up big losses in the main market indices on Monday, with more stocks declining than rising leading the all Jamaica Composite Index falling over 2,000 points. A total of 37 securities changed hands, accounting for 6,444,590 units valued at $33,637,429, in all market segments. The junior market accounted for 1,306,308 units of the shares traded, valued at $6,667,614.
At the close of trading, 12 stocks in the overall market gained, 15 declined including 5 stocks rising and 5 declining, from the junior market.
The JSE Market Index dropped 1,890.26 points to end at 151,543.53. The all Jamaica Composite Index dived 2,114.01 points to close at 168,312.78 and the JSE combined index fell 1,649.69 points, to close at 164,347.30.
JSE Sum-09-5-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 13 stocks with bids higher than their last selling prices and 7 with lower offers.
At the end of market activities, Cable & Wireless closed at $1.39 after while trading 65,950 units, Caribbean Cement traded 55,688 shares as the price fell 49 cents to close at $26, Carreras gained 50 cents while trading 19,576 shares, to close at $64. Grace Kennedy rose 50 cents to $84 with 7,042 shares changing hands. Jamaica Stock Exchange rose 45 cents to end at $21 while trading 108,346 shares, JMMB Group lost 50 cents in trading 16,326 shares to close at $9.50, Kingston Wharves traded 7,400 shares and gained 15 cents, to close at $11.65, Margaritaville Turks rose 1 US cent in trading 46,700 shares at 17 US cents. National Commercial Bank fell 23 cents while trading 27,361 shares to close at $39.77, JSE MM fn qts 09-5-16Pan Jamaican Investment jumped $3 with 36,922 shares trading at $97, Radio Jamaica traded 366,763 shares and dropped 9 cents, to end at $1.10, Sagicor Group ended with 16,250 shares changing hands with a loss of 31 cents at $22.69. Scotia Group dropped $2.49 to close at $30.50 while 16,127 units changed hands, Scotia Investments ended trading 1,000 shares and gained 80 cents to close at $26, Supreme Ventures fell 8 cents and closed at $5.27 with 15,698 shares changing hands, Proven Investments ordinary share traded 113,178 units at 19 US cents, down from 20 US cents. JMMB 6% US preference share lost 5 cents in trading 50,000 units at US$1.05, JMMB Group 7.5% preference share traded 3,612,600 units at $1.05 and Jamaica Money Market Brokers 7.50% preference share traded 533,800 units at $2.15.

Jamaican stocks drop 3,759 points – Tuesday

JSE sign 2 The Jamaica Stock Exchange main market indices on Tuesday gave up much more than they gained on Monday, with losses exceeding 2.3 percent compared to more than 1.90 percent gained on Monday. The all Jamaica Composite index dropped more than 4,291 points on Tuesday, as Sagicor Group pulled back to $23 from $24, it closed at on Monday and Scotia Group trading at $31.05 at the close, well below the average price the indices are computed on.
A total of 37 securities changed hands, in all market segments with 13 stocks rising while 15 declined while two traded at new highs. Trading amounted to 6,138,410 units valued at $ $92,070,194 changing hands, in all markets, the junior market accounting for 1,514,172 units valued at $7,024,157.
The JSE Market Index dived 3,837.64 points to end at 150,050.00, the all Jamaica JSE Sum 19-04-16rComposite Index plunged 4,291.88 points to 166,642.47 and the JSE combined index dropped 3,758.77 points, to close at 158,219.22.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 8 stocks with bids higher than their last selling prices and 4 with lower offers.
At the end of market activities, Cable & Wireless rose by 1 cent to close at $1.26, in trading 267,832 units. Caribbean Cement fell $2 to close at $21 with 55,406 shares changing hands, Carreras ended trading with 5,370 shares, to close at $66, Cidoney traded 112,440 shares but shed 8 cents to end at 15 cents, Grace Kennedy jumped $1.37 to close at $81.52 with 61,027 shares trading. Jamaica Broilers had 86,000 units changing hands, to close with a loss of 30 cents at $14.50. Jamaica Producers lost $1 and ended at $32 while trading 1,709,600 shares, JSE fn qts 19-04-16JMMB Group had 42,000 shares changing hands with a gain of 48 cents to end at $9.98, Margaritaville Turks traded 577,051 shares to close at 17.47 US cents after rising by 2.47 cents, National Commercial Bank declined 25 cents with 14,283 shares changing hands to close at $40. Radio Jamaica traded 134,542 shares to close at $1.14, Sagicor Group fell $1 in ending with 29,060 shares changing hands to close at $23. Sagicor Real Estate Fund traded 104,000 shares to close at $9.80 after falling 20 cents, Scotia Group traded just 836 shares to close at $31.05 after gaining $1.05 from Monday’s last traded price and the JMMB 7.50% preference share, traded 41,000 units with a loss of 1 cent at $1.06.

Big jump for JSE main market – Monday

Scotia's stock pushed up index sharply on Monday.

Scotia’s stock pushed up index sharply on Monday.

Trading on the Jamaica Stock Exchange on Monday saw large jumps in the main market indices with gains or more than 1.90 percent. A total of 39 securities changed hands, in all market segments with 11 stocks rising while 17 declined. Trading amounted to 6,926,480 units valued at $61,273,985 changing hands, in all markets with the junior market accounting for 1,099,234 units valued at $4,634,021.
The JSE Market Index surged 3,048.66 points to end at 153,887.64, the all Jamaica Composite Index leapt 3,409.51 points to 170,934.35 and the JSE combined index jumped 3,047.08 points, to close at 161,977.99.
IC bid-offer Indicator| At the end of trading,JSE Sum 18-04-16r in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 12 stocks with bids higher than their last selling prices and 9 with lower offers.
At the end of market activities, Cable & Wireless lost 6 cents to close at $1.25, in trading 2,572,288 units. Caribbean Cement fell 40 cents to close at $23 with 1,900 shares changing hands, Carreras regained 50 cents to end trading with 2,000 shares, to close at $66, Jamaica Broilers had 41,209 units changing hands, to close at $14.80. Jamaica Stock Exchange ended at $19 while trading 17,539 shares, JMMB Group had 6,954 shares changing hands with a loss of 39 cents to end at $9.50, Margaritaville Turks traded 1,772,051 shares to close at 15US cents, JSE fn qts 18-04-16Mayberry Investments gained 40 cents to close at $4 with 31,000 units changing hands. National Commercial Bank declined 23 cents with 19,892 shares changing hands to close at $40.25. Radio Jamaica traded 5,250 shares to close with a loss of 3 cents at $1.14, Sagicor Group rose $1 in ending with 128,159 shares changing hands to close at $24, Scotia Group traded 243,952 shares to close at $30, but traded as high as $34. Sterling Investments fell 85 cents to a 52 weeks’ low of $12 with only 1,500 shares changing hands, Supreme Ventures lost 10 cents with 377,543 shares changing hands at $5, Proven Investments ordinary shares traded 400,00 units to end at 16 US cents and the JMMB 7.25% preference share, traded 296,482 units at $1.07.

JSE rose with volumes up – Thursday

S VL Trade over 10 million shares on Thursday.

S VL Trade over 10 million shares on Thursday.

Trading Thursday on the Jamaica Stock Exchange saw a number of large volumes going through the market but with negligible impact on prices. A total of 42 securities changed hands, in all market segments with 14 stocks rising and 16 declining. Trading accounted for 16,509,821 units valued at $157,376,702 changing hands in all markets with the junior market accounting for 540,140 units valued at $2,757,260.
The JSE Market Index gained 860.66 points to end at 150,211.24, the all Jamaica Composite Index rose 962.52 points to 166,822.78 and the JSE combined index rose 849.82 points, to close at 158,062.90.
JSE Sum 14-04-16r IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 10 stocks with bids higher than their last selling prices and 6 with lower offers.
At the end of market activities, Berger Paints traded 26,400 shares to gain 3 cents and closed at $3.83, Cable & Wireless rose 5 cents to close at $1.26 in trading 945,819 units after trading earlier at $1.33. Caribbean Cement fell 39 cents to close at $19.50 with 27,473 shares changing hands, Carreras gained $1 and ended trading 9,260 shares to close at $66, Grace Kennedy gained 50 cents and closed with 22,300 shares changing hands at $80.50. Jamaica Broilers rose 30 cents in trading 18,535 units to close at $14.80. Jamaica Producers was one of a number of stocks trading large volumes with 1,500,000 units changing hands with a rise of 50 cents to close at $32, Jamaica Stock Exchange traded 10,627 shares to end at $19, JSE fn qts 14-04-16JMMB Group had 37,187 shares changing hands at $9.75, Margaritaville Turks gained 0.50 cent with 27,000 shares changing hands to close at 14.5 US cents. National Commercial Bank rose 19 cents with 159,786 shares changing hands to close at $40.20. Radio Jamaica traded 155,185 shares to close with a loss of 2 cents at $1.13, Sagicor Group gained $1 in ending with 1,238,798 shares changing hands at $24. Sagicor Real Estate Fund traded 1,451,906 units but lost 10 cents to end at $10, Scotia Group traded 26,915 shares to close at $30, Supreme Ventures lost 40 cents with a large block of 10,035,300 units changing hands at $5.10, Proven Investments ordinary shares traded 93,053 units to end at 16 US cents and the JMMB Group 7.50% preference share traded 119,440 units at $1.07.

JSE’s in modest trading early Monday

Trading the Jamaican Stock Exchange is off to another slow start in the Monday morning session with only moderate volumes. JSE intra 04-04-16A total of 20 securities, accounting for only 1,191,892 shares have changed hands at 10.45 am as 8 stocks gained and 7 declined
The trading session stated off with a change in the name of the Gleaner Company to 1834 Investments Limited, 210,000 units of the stock is offered at $1.78 which is below the last traded price of $2.
After 75 minutes of the market’s opening, Margaritaville Turks traded 526,742 at a new high of 17.9 us cents in continued response to good results for 2015/16 fiscal year.
The main market indices suffered losses but the juniors recorded a small gain as only 4 stocks traded in the segment. The market saw all Jamaica Composite Index falling 601.11 points to 169,442.40, the JSE Market Index fell 537.49 points to 152,553.59 the JSE combined index ending with a loss of 373.17 points to 161,319.36 and the junior market index gained 12.23 points to 1,931.16.

Modest gain for JSE on Thursday

Carib Cement jumped $3.49 to $28.49 on Thursday.

Carib Cement jumped $3.49 to $28.49 on Thursday.

The main market of the Jamaica Stock Exchange rose moderately on Thursday with declining stocks having the upper hand on advancing stocks as 41 securities changed hands, in all market segments with 14 rising and 18 declining and 1 closing at a 52 week’s highs.
The market closed with 4,035,008 units valued at $62,036,257 changing hands in all markets. The junior market accounted for 617,159 units that changing hands, valued at $2,081,398.
The JSE Market Index climbed 313.29 points to end at 153,854.67, the all Jamaica Composite Index jumped 350.11 points to end at 170,897.53 and the JSE combined index lost 59.93 points added, to close at 162,182.52.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 10 stocks with bids higher than their last selling prices and 8 with lower offers.
JSE sum 31-03-16At the end of the market activities, Cable & Wireless traded only 44,610 units, to close 5 cents down at $1.25, Caribbean Cement traded with a gain of $3.49 with 15,038 shares changing hands to end at $28.49, Carreras traded 36,750 shares to end at $66.15, Ciboney traded 80,463 shares at 18 cents. Gleaner traded 4,000 shares but lost 9 cents to end at $2, Grace Kennedy gained 50 cents in closing with 5,560 shares changing hands at $82, Jamaica Broilers traded 415,613 units to close with a gain of 52 cents at $14.80, JMMB Group traded 152,023 shares to close at $10 after falling 95 cents. Margaritaville (Turks) traded 273,730 shares to close at 13.5 US cents up from 12.99 cents, Mayberry Investments traded 9,180 shares and lost 10 cents to end at $4.08, National Commercial Bank gained 22 cents with 84,668 shares changing hands to close at $41.25, property company, 138 Student Living gained 24 cents to close at $5.50 while trading 17,000 shares. JSE fn Qts 31-03-16Pan Jamaican Investments lost $1 in trading 5,435 shares to close at $93, Pulse Investments gained 33 cents to end at $3.23 with 50,000 shares trading, Radio Jamaica traded for the first time after the company split the stock and closed at $1.46, with a loss of 20 cents while trading 34,355 units. Sagicor Group rose by 19 cents while 1,115,716 shares changed hands to end at $23.70, Scotia Group rose 23 cents while trading 405,979 shares to close at $30.62, Scotia Investments climbed $1.04 with 5,000 shares changing hands to end at $29.49. Supreme Ventures lost 1 cent to close at $4.99 with 30,650 units changing hands and JMMB 7.5% preference shares traded 619,293 units to end at $2.15.