The Jamaica Stock Market started off the week on a positive note, closing at a 34 months high at the end of trading, on Monday. The JSE Market Index gained 848.12 points to 84,246.09, 
the JSE All Jamaican Composite index rose 948.24 points to close at 92,909.34 and the JSE combined index climbed 805.21 points at 85,837.84. Monday’s closing All Jamaica Composite Index, is at the highest, since early June 2012.
A 70 cents gain in Scotia Group to close at $22.20 was the main stock that influenced the move in the indices. Jamaica Money Market had earlier traded at $7.99 cents, up 75 cents and would have also positively impacted the indices. Although the indices of the main market moved up strongly, it came out of almost even advanced declined ratio. Only 624,118 units traded in the main and US dollar markets. On a day of low volumes, the leading trades were National Commercial Bank with 120,019 shares and Sagicor Group with 104,619 units.
Near 3 years’ high for JSE on Monday
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.
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.
NCB closes at new high again
NCB closed at a new 52 weeks’ high on TTSE
At the close of the market, the Composite Index lost 0.76 points to close at 1,156.21, the All T&T Index fell 0.76 points to close at 1,974.25 and the Cross Listed Indexadvanced by 0.14 points to close at 44.34.
Gains| Stocks increasing in price at the close are, First Citizens Bank trading 205 shares while gaining 1 cent, to end at $35.31. National Commercial Bank with 328,945 shares changing hands for a value of $513,154 as the price gained 1 cent to close at $1.56 and Trinidad Cement trading 114,185 shares at $2.60 valued at $296,860 as the price gained 10 cents.
Declines| The stocks declining at the end of trading are, Guardian Holdings lost 50 cents to close at $14.50 while trading 945 shares and Republic Bank in contributing 49,933 shares with a value of $5,891,595 closed at $117.99, down 1 cent.Firm Trades| Stocks closing with prices unchanged at the end of trading are, Point Lisas Industrial Port adding 3,000 shares to end at $3.52 and Scotiabank traded 332 shares to close at $62.01.
IC bid-offer Indicator|At the end of trading the Investor’s Choice bid-offer indicator had 7 stocks with the bid higher than their last selling prices and 4 stocks with offers that were lower.
Guardian closes at new high on TTSE
Trading on the Trinidad Stock Exchange on Wednesday Guardian Holdings ended at a new 52 weeks’ high following full 2014 results. At the close of trading there were 14 securities changing hands of which 4 advanced, 2 declined and 8 traded firm with a total of 292,408 units, valued at $2,390,152.
At the close of the market, the Composite Index rose 1.49 points to close at 1,155.27, the All T&T Index rose fell by just 2.38 points to close at 1,980.98 and the Cross Listed Index increased by a mere 0.08 points to end at 43.18.
Gains| Stocks increasing in price at the close are, First Citizens Bank trading 636 shares at $35.27, with a gain of a cent. IC Insider’s Buy Rated Guardian Holdings contributed 49,043 shares with a value of $760,117 increasing by 93 cents to end at a new 52 weeks’ high of $15.50. Another IC Insider’s Buy Rated stock; National Commercial Bank traded 3,260 shares and ended at a new 52 weeks’ high of $1.41 to gain 3 cents and Prestige Holdings had 101,423 shares changing hands for a value of $1,014,228, to close with a gain of 9 cents to $10.
Declines| The stocks declining at the end of trading are, Grace Kennedy added 43,120 shares valued at $153,196 and lost 4 cents in ending at $3.55 and One Caribbean Media a loss of $1.66 to close at $22.30.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Clico Investment Fund trading 8,960 shares valued at $201,603 to end at $22.50, Jamaica Money Market Brokers end at 43 cents with 970 units changing hands, National Enterprises traded 10 units to close at $17.35, National Flour Mills traded 3,200 shares at $1.55, Scotia Investments with 5,413 shares closed at $ 1.50. Scotiabank contributed just 20 shares and closed at $62 followed by Trinidad Cement with 76,174 shares trading for $201,861 to end at $2.65 and West Indian Tobacco with 129 shares traded closed at $125.04.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than their last selling prices and 6 stocks with offers that were lower.
JSE’s second day of gains Wednesday
Wednesday’s activity on the Jamaica Stock Exchange, resulted in the prices of 6 stocks rising, 7 declining as 21 securities changed hands, ending in 1,996,047 units trading, valued at $15,520,825, in all market segments. the market recorded the second day with healthy gains in the main indices.
strong> Main Market| The JSE Market Index gained 377.14 points to 82,533.16, the JSE All Jamaican Composite index rose 421.66 points to close at 90,994.20 and the JSE combined index gained 397.54 points to close at 84,294.53.
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 4 stocks with offers that were lower.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Berger Paints ended with 55,235 shares changing hands to close higher by 5 cents to $1.60, Cable & Wireless closed with 149,271 shares traded with a gain of 3 cents to 53 cents, Carreras finished trading with 101,000 shares changing hands at 5 cents to $38, Jamaica Broilers finishing with 149,600 shares while gaining 40 cents to end at $4.50 and Pan Jamaican Investment closing with 6,154 units to close with a gain of $1.01 to $55.01.
Firm| The stocks in the main market to close without a change in the last traded prices are, Caribbean Cement contributed 7,757 shares trading at $2.30, Desnoes & Geddes ending trading with 80,000 shares at $5.40, Grace Kennedy while exchanged 11,750 shares at $61 and Jamaica Money Market Brokers contributed 2,000 ordinary units at $7.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Barita Investments closing with 25,000 units as the price slipped 1 cent to $2.19, Mayberry Investments finishing trading with 9,523 units to close lower by 4 cents to $2.36 National Commercial Bank concluding trading with 64,013 units as the price slipped 85 cents$24.15, Sagicor Group in trading 557,479 shares trading lower for 3 cents to $10.50, Scotia Group finishing trading with 4,130 shares closed with a loss of 40 cents to $21.10 and Seprod had dealing in 23,069 units with a decline of 5 cents to $12.25.
Preference| Jamaica Money Market Brokers 7.50% preference share close at $2 after trading 503,126 units.
NCB back at $24.50
Monday’s activity on the Jamaica Stock Exchange was again moderate with only 21 securities be active, resulting in the prices of 5 stocks rising, 4 declining, 5 of the stocks traded are from the junior market. A total of 5,319,885 units changed hands, valued at $40,699,456, in all market segments.
The JSE Market Index lost 182.24 points to 81,699.09, the JSE All Jamaican Composite index fell 203.75 points to close at 90,061.68 and the JSE combined index dropped by 197.89 points to close at 83,533.22. National Commercial Bank closed at $24.50 after putting on $1 on the closing price on Friday. Sagicor Group had the largest volume of shares trading with 1,661,414.
JSE market closed up
Trading picked up after a slow morning session when only 4 stocks traded on the Jamaican Stock Exchange in early Wednesday, after more than an hours trading.
Buying interest seemed to have picked up with National Commercial Bank trading to close at $25 with more than a half of the volume trading at the closing price and Sagicor Group had trading in more than 2 million shares, to end at $10.42 with no stock on offer at the close.
The JSE Market Index gained 507.16 points to 82,624.62, the JSE All Jamaican Composite index rose 567.03 points to close at 91,096.46.
Winners hard to find on TTSE
NCB closed at a new 52 weeks’ high on the TTSE on Friday
At the close of the market, the Composite Index rose 3.05 points to close at 1,149.41, the All T&T Index fell by 0.12 points to close at 1,974.63 and the Cross Listed Index increased by 0.83 points to end at 42.47.
Gains| Stocks increasing in price at the close are, National Commercial Bank increased 12 cents to end at a 52 weeks’ high of $1.35 the equivalent of J$24.37 while it closed at $23.50 on the Jamaica Stock Exchange. The stock closed with a bid of $1.35 to buy 171,500 shares with no stock on offer. In Jamaica there are only 4 offers totalling 109,000 units between $25.50 and $33.
Declines| The stocks declining at the end of trading are, Clico Investment Fund traded with 28,280 shares valued at $636,542 and declined by 4 cents to end at $22.50 and First Citizens Bank contributed 40,141 shares with a value of $1,423,400, and closed 3 cents down at $35.46.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Grace Kennedy traded 28,548 shares to close at $3.60, Jamaica Money Market Brokers with a volume of 82,734 shares at 43 cents, National Enterprises 173 shares to close at $17.40, National Flour Mills 1,500 shares traded at $1.55. One Caribbean Media had 12,224 shares changing hands at $23.95, Point Lisas Industrial Port Development traded 4,557 shares to close at $3.50, Republic Bank added 32,120 shares valued at $3,796,795 to close at $118.21, Sagicor Financial Corporation with 286,835 shares changing hands for a value of $1,462,909 at $5.10.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bid higher than their last selling prices and 3 stocks with offers that were lower.
JSE at 33 months high
The all Jamaica composite index closed above 92,000 points for the first time since as it gained 1,221.67 at the end of trading to end at 92,727.31 points the highest since June 7, 2012.
The stocks contributing to the upward move are mainly Carreras, National Commercial Bank, Pan Jamaican and Scotia Group. Investors should be watching the results for Scotia Group that is expected to be released today for clues as to what may happen to the market on Friday. Attractive gains in profit will encourage investors to buy the stock and that could move the price forward. NCB closed with only two offers of 103,000 units in total with the offer price moved to $30.
All Jamaica Index crosses 90,000
The JSE closed on Tuesday with sharp gains in the main market indices with the all Jamaica Composite closing over 90,000 points for the first time since July 2013.
Helping with the increase was gains in 11 stocks, mainly in Cable & Wireless, Desnoes & Geddes, National Commercial Bank, Scotia Investments, Supreme Ventures. Todays move puts the market just 1,500 points from crossing over the resistance level of 91,700 points on the all Jamaica index. Todays gains puts the main market year to date increase at 7.3 percent.
