Investors pushed the Jamaica Stock Exchange to yet another record close, when traded ended on Wednesday.
At the close the All Jamaican Composite Index rising 686.42 points to close at 336,693.61 and the JSE Index climbed 625.40 points to 306,765.91.
Market activities resulted in 24 securities trading, compared to 25 on Tuesday in the main and US dollar markets of which 11 advanced, 7 declined and 6 traded firm.
Stocks with major price changes are, Caribbean Cement with a rise of $2.50 to $42, Grace Kennedy rose $1 to end at $51, JMMB Group lost 65 cents to end at $27.60, Kingston Properties lost 65 cents to end at $5.35 and Sagicor Group lost 70 cents and closed at $38.50. Supreme Ventures traded at a new high of $16 and ended at a new record close of $15.30.
The volume of stocks trading on the main market declined sharply to 2,236,723 units valued at a mere $34,192,073, down sharply from 11,446,622 units valued at $579,818,518 on Tuesday. Wisynco Group traded just 1,080,201 units to be the only security trading over a million shares.
Trading resulted in an average of 101,669 units valued at an average of $1,554,185 compared to 497,679 units valued at an average of $25,209,501 for each security traded on Tuesday. For the month to date 205,980 units traded with an average value of $7,083,190 and on the previous day 215,958 units traded with an average value of $7,679,455 on average. May closed with an average of 589,414 shares with a value of $16,532.367, for each security traded.
In the US dollar market, 74,305 units valued at just US$42,963 traded with Proven Investments trading 45,525 units and gained of 3 cents to close at 23 US cents and in the US dollar preference sectors JMMB Group 6% closed at US$1 with 35,300 units. The JSE USD Equities Index rose 1.03 points to close at 161.78.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ended with bids higher than their last selling prices and 4 closing with lower offers.
For more details of market activities see – Trading falls on JSE main market – Wednesday.
JSE climbs sharply to record close – Tuesday
Investors pushed the Jamaica Stock Exchange o another record close on Tuesday with the All Jamaican Composite Index jumped 3,471.47 points to close at 336,007.19 and the JSE Index climbed 3,162.90 points to 306,140.51.
Market activities resulted in 25 securities trading, compared to 33 on Monday in the main and US dollar markets of which 10 advanced, 8 declined and 7 traded firm.
Stocks with major price changes are, Caribbean Cement with a fall of $1 to $39.50, Jamaica Broilers gaining $1.20 to $22.80, NCB Financial Group rising $1 to $98, Seprod rising $1 to $36 and Supreme Ventures climbing $1.50 to $15.
The volume of stocks trading on the main market jumped sharply to 11,446,622 units valued at $579,818,518 from 3,192,844 units valued at $66,838,582, on Monday as NCB Financial Group accounted for 5,014,800 units traded amounting to 43.81 percent of the total volume traded. Supreme Ventures closed trading with 20.25 percent of the day’s volume amounting to 2,317,772 units and Jamaica Broilers with 1,005,810 units or just 8.79 percent of the overall volume.
Trading resulted in an average of 497,679 units valued at an average of $25,209,501 for each security traded. In contrast to 106,428 units valued at an average of $2,227,953 on Monday. For the month to date 215,958 units traded with an average value of $7,679,455 and on the previous day 184,656 units traded with an average value of $5,451,880. May closed with an average of 589,414 shares with a value of $16,532.367, for each security traded.
In the US dollar market, 4,741 units valued at just US$1,039 traded as Margaritaville closed with a loss of 0.05 cent at 19.95 US cents with 4,500 units and Productivity Business settling with a loss of 0.04 cent at 58.5 US cents trading 241 shares. The JSE USD Equities Index dropped 5.76 points to close at 160.75.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ended with bids higher than their last selling prices and 6 closing with lower offers.
For more details of market activities see – NCB pushes JSE trading volume on Tuesday.
Scotia pushes JSE down sharply Friday
Scotia Groupd price drop pulls JSE down on friday.
The All Jamaican Composite Index dived sharply by 4,246.63 points to 331,495.46 and the JSE Index had a big drop of 3,869.16 points to 302,029.82.
The volume of stocks trading on the main market was 7,187,416 units valued at $228,155,035 compared to 11,661,188 units valued at $284,601,737 on Thursday.
The main trades were, Grace Kennedy with 3,116,194 units accounting for 43.36 percent of trading, followed by Carreras with 1,575,999 units and 21.93 percent of the day’s volume and Supreme Ventures with 800,000 units.
Market activities resulted in 25 securities trading, compared to 29 on Thursday in the main and US dollar markets of which 12 advanced, 6 declined and 7 traded firm while Jamaica Broilers and JMMB Group 7% preference share closed at record high price.
Stocks with major price changes are, Jamaica Broilers jumping $3.10 to a record close of $26.30, JMMB Group falling $1 to close at $27.50, NCB Financial up $1.24 to $96.50, PanJam Investment up $1.33 to $51.98 and Scotia Group dived $2.99 to $50.01.
Trading resulted in an average of 312,496 units valued at an average of $9,919,784 for each security traded. In contrast to 448,507 units for an average of $10,946,221 on Thursday. For the month to date 197,915 units traded with an average value of $6,902,395 and on the previous day 217,527 units traded with an average value of $6,588,540 on average. May closed with an average of 589,414 shares with a value of $16,532.367, for each security traded.In the US dollar market, 149,071 units valued at over $29,638 traded with Sterling Investments trading 438 units at 10 US cents and Proven Investments rose 1 cent with 148,633 units trading to close at 20 US cents. The JSE USD Equities Index advanced 4.22 points to close at 166.95.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with bids higher than their last selling prices and 4 closing with lower offers.
For more details of market activities see – JSE main market close down on Friday.
JSE trading back to normal – Friday
The volume of stocks trading on the Jamaica Stock Exchange dropped to 4,603,241 units valued at $166,353,769, well down from 170,209,058 units on Thursday valued at $3,113,335,699.
The main trades were Grace Kennedy with 1,462,365 units amounting to 31.77 percent of the day’s volume, followed by Sagicor Group with 1,357,691 units for 29.49 percent of total volume and Wisynco Group with 721,410 units and 15.67 percent of trade.
Market activities resulted in 25 securities trading, compared to 26 on Thursday, in the main and US markets. At the close, 7 securities gained, 10 declined and 8 traded firm and the All Jamaican Composite Index surged 3,607.57 points to 329,083.46 and the JSE Index jumped 3,286.90 points to close at 299,832.21.
Stocks with major price changes are, Caribbean Cement declining $1 to $39, Jamaica Broilers rising $2.81 to $21, Kingston Wharves down 90 cents to end at $46, NCB Financial Group trading at $96 after rising $1, Sagicor Group rallying $1.30 to $38.30 and Scotia Group advancing $1.05 to $51.05
Trading resulted in an average of 200,141 units valued at an average of $7,232,773 for each security traded, in contrast to 7,092,044 units for an average of $129,722,321 on Thursday. May closed with an average of 589,414 shares with a value of $16,532.367, for each security traded.
In the US dollar market, Productivity Business Solution, ordinary share finished trading with a fall of 1 cent, to 62 US cents, with 618 units trading and Proven Investments ended with 13,475 units trading with a loss of 2 cents to 20 US cents. The JSE USD Equities Index lost 9.75 points to close at 171.36
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 2 stocks ended with bids higher than their last selling prices and 3 closing with lower offers.
For more details of market activities see – JSE main market indices jump sharply – Friday.
JSE main market volume jumps – Tuesday
Jamaica Broilers closed with 11.5M shares trading on Tuesday.
Jamaica Broilers accounted for 85 percent of the 13,526,719 shares valued at $293,683,413 that traded on the Jamaica Stock Exchange rose on Tuesday.
The volume was built from Jamaica Broilers traded 11,507,048 units, followed by PanJam Investment with 839,895 units or just 6.2 percent of the day’s volume while Supreme Ventures traded 306,420 units on a day of light trading, for the majority of securities changing hands.
At the end of market activities, 31 securities traded, compared to 23 on Monday, in the main and US dollar markets as 15 stocks rose, 4 declined and 12 traded firm. At the close, the All Jamaican Composite Indexfalling 1,074.92 points to 325,735.98. and the JSE Index declined 979.37 points to close at 296,782.29.
Stocks with major price changes are, NCB Financial gaining $1 to end at $95, PanJam Investment rising 95 cents to $45.20, Salada Foods gaining $1.90 to closed at an all-time high of $14.90 and Scotia Group jumping $2.63 to $50.63.
Trading resulted in an average of 237,406 units valued at an average of $3,289,689 for each security traded. In contrast to 87,342 units for an average of $2,131,859 on Monday. The average for the month to date is 276,670 shares with a value of $12,250,176, previously 279,765 shares with a value of $13,009,983. In contrast, April closed with an average of 708,206 shares with a value of $6,395,518 for each security traded.
In the US dollar market, JMMB Group 5.75% US preference share finished trading at US$2.06, with 5,000 units. The JSE USD Equities Index closed unchanged at 173.22.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 2 stocks ended with bids higher than their last selling prices and 2 closing with lower offers.
For more details of market activities see – JSE main market index down again – Tuesday.
Big recovery for JSE main market – Friday
Caribbean Cement jumped $4.45 to close at $40.05
Investors pushed the Jamaica Stock Exchange the market up strongly on Friday and the market recovered a large portion of what was lost since the record high on the previous week.
At the end of market activities, 28 securities traded, compared to 28 on Thursday, in the main and US dollar markets with the price of 10 stocks rising, 8 falling and 10 trading firm. At the close, the All Jamaican Composite Index jumped sharply by 2,341.33 points to 330,728.92 and the JSE Index climbed 2,133.22 points to 301,331.41.
Stocks with major price changes are, Caribbean Cement jumped $4.45 to close at $40.05, JMMB Group jumped $1 to $28, Palace Amusement jumped $300 to $1,300, followed by NCB Financial that dropped $1.25 to $95. PanJam Investment traded at a 52 weeks’ high of $46.01 while Jamaica Broilers and Supreme Ventures traded at intraday highs.
Trading activity resulted in 3,690,667 units valued at $51,637,707 compared to 3,519,415 units valued at $33,476,075 changing hands on Friday.
The major trades for the day are, Wisynco Group with 1,214,450 units and accounting for 32.91 percent of the day’s volume, followed by Victoria Mutual Investments with 723,173 units or 19.59 percent of trades and Ciboney Group with 402,832 units and 10.91 percent of the volume traded.
Trading resulted in an average of 136,691 units valued at an average of $1,912,508 for each security traded. In contrast to 200,047 units for an average of $4,687,155 on Thursday. The average for the month to date is 342,839 shares with a value of $18,119,875 and previously 367,467 shares with a value of $20,307,869. In contrast, April closed with an average of 708,206 shares with a value of $6,395,518 for each security traded.
In the US dollar market, Proven Investments traded 1,000 shares and fell by 3 cents to 20 US cents and the market index ended at down 0.47 points to 164.82 and JMMB Group 5.75% US preference share traded 5,000 units at $2.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and none closing with a lower offer.
For more details of market activities see – Big gains for JSE main market – Friday.
Record close for JSE main market – Friday
Investors pushed the Jamaica Stock Exchange the market up strongly to reach the highest levels ever on Friday with the price of 11 stocks rising, 5 falling and 11 trading firm.
Friday’s record move is fourth day for the week that the main market closed at new record highs.
At the close, the JSE All Jamaican Composite Index jumped 3,775.73 points to end at 332,501.11 and the JSE Index climbed 3,440.11 points to a record close of 302,946.08. Only Wisynco Group traded more than 1 million shares, ending with 1,188,978 units to be followed by JMMB Group 7.5% preference share with 841,700 stock units.
At the end of market activities, 27 securities traded, compared to 24 on Thursday, in the main and US dollar markets. Caribbean Cement rose $1 to close at $38.60, JMMB Group fell 99 cents to $26.01, NCB Financial ended with a rise of $1.20 to $99.95, and Sagicor Group jumped $4 to $42.
Trading activity resulted in 4,887,322 units valued at $81,394,524 changing hands, compared 39,156,142 units valued at $3,462,726,542 trading on Thursday.
Trading resulted in an average of 187,974 units valued at an average of $3,130,559 for each security traded. In contrast to 1,702,441 units for an average of $150,553,328 on Thursday. The average for the month to date is 613,556 shares with a value of $37,585,846 and previously 765,133 shares with a value of $49,857,592. In contrast, April closed with an average of 708,206 shares with a value of $6,395,518 for each security traded.
In the US dollar market, Proven Investments traded with 5,860 shares at 23 US cents and the market index ended at unchanged at 177.12.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and 2 closing with a lower offers.
For more details of market activities see – JSE trading back to norm on Friday.
Record breather for JSE main market – Thursday
NCB had 35 million shares of its shares trading on Thursday.
Trading surged on the Jamaica Stock Exchange main market on Thursday as NCB Financial dominated trading with 35 million shares but the market ended down at the close as it took a break from three days of record close.
The All Jamaican Composite Index lost 923.48 points to end at 328,725.38 and the JSE Index declined 841.39 points to a record close of 299,505.97.
At the close, 24 securities traded, compared to 23 on Wednesday and ended with the prices of 9 stocks rising, 9 falling and 7 trading firm, in the main and US dollar markets.
At the close of trading, Berger Paints closed at $22 with a rise of $2 and Kingston Wharves lost $1.75 to $48.05. All other price changes were at 50 cents and below.
NCB Financial Group dominated trading on Tuesday on the main market of the Jamaica Stock Exchange with an exchange of 35,067,960 units accounting for 89.56 percent of the volume traded. Wisynco Group with 1,606,426 units was the next big trade followed by Ciboney with 722,522 units as trading activity resulted in 39,156,142 units valued at $3,462,726,542 compared 14,312,143 units valued at $130,374,672 trading on Wednesday.
Trading resulted in an average of 1,702,441 units valued at over $150,553,328, in contrast to 650,552 shares valued at $5,926,121 on Wednesday. The average for the month to date is 765,133 shares with a value of $49,857,592 and previously 333,972 shares with a value of $3,537,553. In contrast, April closed with an average of 708,206 shares with a value of $6,395,518 for each security traded.
In the US dollar market, Proven Investments traded with 330 shares at 23 US cents and the market index ended at unchanged at 177.12.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ended with bids higher than their last selling prices and 2 closing with a lower offers.
For more details of market activities see – NCB dominates JSE trading on Tuesday.
JSE main market climbs on Friday
Stocks closed much higher on the Jamaica Stock Exchange main market on Friday than on Thursday as the JSE All Jamaican Composite Index increased by 96.51 points to 325,799.33 and the JSE Index advanced by 87.93 points to 296,840.01.
At the close, 25 securities traded, compared to 26 on Thursday and ended with the prices of 7 stocks rising, 11 falling and 8 trading firm, in the main and US dollar markets.
At the close of trading, Kingston Properties gained $1.39 to $6.64, Kingston Wharves fell $1.45 to $48.05, NCB Financial rose $2 to $97 after the banking group posted increased profit for the six months to March and Portland JSX jumped $1.89 on positive year end results.
Main market activity ended with 22,131,577 units valued at $314,568,605 compared to 6,955,242 units valued at over $271,269,169 on Thursday. At the close of trading Wisynco Group ended with 8,307,655 units and accounted for 37.54 percent of the day’s volume followed by Ciboney Group with 7,063,873 units and 31.92 percent of the volume and Sagicor Group closed with 4,907,816 units and 22.18 percent of the day’s volume.
Trading resulted in an average of 922,149 units valued at an average of $13,107,025 for each security traded. In contrast to 289,802 units valued at an average of $11,302,882 on Thursday. The average for the month to date is 723,010 shares with a value of $5,999,413 and previously 713,135 shares with a value of $5,603,629.
NCB closed $2 higher on Friday.
In contrast, March closed with an average of 626,526 units with an average value at $20,492,207 for each security traded.
Trading in the US dollar market, ended with Proven Investments falling 3 cents to 22 US cents trading 183,095 units on Friday and leaving the Market index down 13.44 points to 164.44.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 11 stocks ended with bids higher than their last selling prices and 1 closing with a lower offers.
For more details of market activities see – Trading on JSE main market elevated – Friday.
JSE main market ekes out modest rise – Thursday
Stocks closed slightly higher on the Jamaica Stock Exchange main market on Thursday than on Wednesday with the JSE All Jamaican Composite Index increasing 96.51 points to 325,799.33 and the JSE Index rising 87.93 points to 296,840.01.
At the close, 26 securities traded, compared to 26 on Wednesday and ended with the prices of 7 stocks rising, 11 falling and 8 trading firm, in the main and US dollar markets.
At the close of trading, JMMB Group fell 75 cents to $26.50, Kingston Wharves jumped $3.50 to $49.50, NCB Financial Group ended with the day’s highest volume with a loss of $1.50 to $95 and Scotia Group lost $1.49 to end at $50.50.
Main market activity ended with 6,955,242 units valued at $271,269,169 changing hands compared to 14,655,576 units valued at $227,353,346 on Wednesday. At the close of trading, NCB Financial Group ended with 2,259,648 units representing 32.49 percent of the day’s volume, followed by Ciboney Group with 1,630,930 units and 23.45 percent of the volume traded and 
Wisynco Group closed with 1,609,916 units, accounting for 23.15 percent of the overall volume.
Trading resulted in an average of 289,802 units valued at an average of $11,302,882 for each security traded. In contrast to 563,676 units for an average of $8,744,359 on Wednesday. The average for the month to date is 713,135 shares with a value of $5,603,629 and previously 735,222 shares with a value of $4,951,259. In contrast, March closed with an average of 626,526 units with an average value at $20,492,207 for each security traded.
Traded in the US dollar market ended with 14,950 units valued at $4,941 as Productivity Business increased 2 cents and ended at 58 US cents with 4,400 shares traded and Proven Investments rose 1 cent to 23 US cents trading 10,500 units. The Market rose 5.71 points to close at 177.88.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 9 stocks ended with bids higher than their last selling prices and 4 with lower offers.
For more details of market activities see – JSE main market volume remains elevated – Thursday.