Who’s Afraid of Virginia Woolf? at Cineplex

Academy Award® nominee Imelda Staunton at her outmost best in Edward Albee’s Who’s Afraid of Virginia Woolf? Showing this Sunday, 11:30 a.m. at Palace Cineplex.

Who’s Afraid of Virginia Woolf? Anyone who believes in the old saying; ‘sticks and stones may break my bones, but words will never hurt me’, is yet to see James Macdonald’s marvelous, gripping and truth-telling revival of National Theatre Live: Edward Albee’s Who’s Afraid of Virginia Woolf?
This high-energy drama encores this Sunday, November 12th, 2017, 11:30 a.m. at Palace Cineplex. In the early hours of the morning on the campus of an American college, Martha, much to her husband George’s displeasure, has invited the new professor Nick and his wife Honey to their home for some after-party drinks. As the alcohol flows and dawn approaches, the young couple is drawn into George and Martha’s toxic games until the evening reaches its climax in a moment of devastating truth-telling.
Edward Albee’s Who’s Afraid of Virginia Woolf? is produced by James Macdonald and stars, Academy Award® nominee Imelda Staunton, Game of Thrones actor- Conleth Hill, Luke Treadaway (The Hollow Crown) and Imogen Poots (A Long Way Down, Jane Eyre).

Palace jumps $50 to $550 on Thursday

Palace Amusement hit a record of $550 on Thursday.

Palace Amusement stock jumped by $50 to close at an all-time high of $550, with only 143 shares trading, the big price movement would have little effect on market index. The next largest movement was Carreras with a fall of $3 as it pulled back from the record close on Wednesday.
At the close of the market, the All Jamaica Composite Index declined 192.22 points to close at 259,443.53, the JSE Market Index fell 175.13 points to 236,382.44 and the JSE US dollar market index gained 1.21 points to close at 173.04.
At the close of trading, 25 securities changed hands in the main market with 1 trading in the US dollar market, leading to 8 stocks advancing and 10 declining. The main market ended with 1,498,592 units valued at $27,780,303 changing hands compared to 5,512,413 units valued at $131,703,756 at the close on Wednesday. Trading in the US dollar market accounted for 620,750 units valued at US$137,765 bringing the total value of trading $204,533,145. In the bond market, ISP Finance bond traded 207,000 units at $1.10 each.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 5 stocks with bids higher than their last selling prices and 2 with lower offers.
The main market ended trading with an average of 59,944 units valued at $1,111,212 for each security traded compared to an average of 212,016 units valued at $5,065,529. The average volume and value for the month to date ended at 131,617 units with an average value of $3,144,045 compared with an average of 155,508 with an average value of $3,821,656 on the previous trading day. The average volume and value for June ended at 218,951 units with an average value of $3,871,959.
In market activity, Berger Paints closed at $16.70, gaining $1.20 in trading 2,094 shares, Cable and Wireless lost 3 cents and closed at $1.10, with 143,899 stock units switching owners, Caribbean Cement traded 20 cents lower to close at $27.80 in exchanging just 194 shares, Carreras traded $3 lower to close at $89 with 34,284 shares changing hands, Grace Kennedy closed at $42, with gains of $1.50 trading 19,382 units. Jamaica Broilers exchanged 44,607 shares at $18, Jamaica Producers added 1 cent to close at $15.01, with 111,089 shares trading, Jamaica Stock Exchange lost 55 cents to close at $6.40 trading 26,463 shares, JMMB Group closed at $19.50, after gaining 50 cents in exchanging 26,717 units, Kingston Properties traded $1 lower, to close at $8, with 3,200 units changing hands, Kingston Wharves closed at $30, with a rise of $1 after the trading of 250 units, Mayberry Investments lost 5 cents to close at $4.55, with 31,464 shares changing hands. NCB Financial Group closed at $70, after exchanging 23,981 shares, 1834 Investments lost 15 cents in closing at $1.35 with 346,000 shares traded, Palace Amusement advanced $50, closing at an all-time high of $550 in exchanging only 143 units, PanJam Investment closed at $34.10, after losing 40 cents with trades of 50,200 shares, Proven Investments gained 1 cent to close at $24.01, with an exchange of 406,756 shares, Pulse Investments closed at $3.50, with 34,714 shares changing hands, Radio Jamaica traded 129 shares at $1.60. Sagicor Group lost 50 cents and closed at $33, with 32,985 shares changing hands, Sagicor Real Estate traded 17,766 units at $12.24. Salada Foods exchanged 1,128 shares at $10, Scotia Group traded 45 cents higher and closed at $43 with an exchange of 104,910 shares, Seprod traded 18,250 shares at $30 while Supreme Ventures closed at $7, with a loss of 77 cents and an exchange of 17,987 shares and Proven Investments US ordinary shares closed at 22 US cents in trading 620,750 units.

 

JSE majors drop 3,000 pts in 2 days

The Jamaica Stock Exchange closed on Thursday with the All Jamaica Composite Index shedding more than 3,000 points in two days and the JSE Market Index losing over 2,800 points over the same period as declining stocks dominated those rising, with one stock ending at an all-time high.
The All Jamaica Composite Index dropped 2,038.00 points to close at 256,269.11, the JSE Market Index declined 1,856.85 points to 233,490.18 and the JSE US dollar market index gained 4.14 points to close at 187.26.
At the close of trading, 21 securities changed hands in the main market with 2 trading in the US dollar market, leading to 7 stocks advancing and 11 declining. Trading in the main market ended with 797,671 units valued at $13,179,281 changing hands compared to 1,699,314 units valued at $60,267,634 at the close on Wednesday. Trading in the US dollar market accounted for 211,725 units valued at US$49,744.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 8 stocks with bids higher than their last selling prices and none closing lower offers.
The main market ended trading with an average of 37,984 units valued at $627,585 for every security traded compared to an average of 77,242 units valued at $2,739,438 on Wednesday. The average volume and value for the month to date ended at 226,206 units with an average value of $4,001,529 compared with an average of 235,617 units with an average value of $4,170,226 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Berger Paints closed at $15, after gaining 70 cents and trading 23,799 shares, Cable and Wireless closed at $1.16, with gains of 3 cents and 8,742 stock units changing ownership, Caribbean Cement traded $2.50 lower to close at $25.50 exchanging 14,000 shares,Carreras lost 20 cents to close at $86.60, with 12,614 units trading, Grace Kennedy gained $1.40 and closed at $41.50, with an exchange of 8,480 units, Jamaica Producers lost 5 cents to close at $15.95, with 2,674 units changing hands. Jamaica Stock Exchange closed at $6.90, after losing 9 cents and trading 11,700 shares, JMMB Group closed at $18.50, with 58,295 units changing owners, Kingston Properties traded 4,500 units at $9.95, Mayberry Investments closed at $4.55, after losing 20 cents with an exchange of 4,200 shares. NCB Financial Group closed at $71, gaining 1 cent after exchanging 54,489 shares, 1834 Investments closed 15 cents lower at $1.35 trading 33,400 shares, Palace Amusement gained $2, closing at an all-time high of $500, with an exchange of 586 shares, PanJam Investment closed at $34.89, gaining 2 cents with trades of 7,552 shares. Radio Jamaica lost 10 cents to close at $1.50 trading 40,900 units, Sagicor Group closed at $33.10, with a loss of 10 cents exchanging 32,601 shares, Sagicor Real Estate fund traded 50 cents lower to close at $11, with 5,380 shares changing hands, Scotia Group closed at $42.51, losing 1 cent in exchanging 18,762 shares, Scotia Investments closed at $36.58 trading 400 units while Supreme Ventures closed at $7.30, losing 15 cents with 450,810 shares changing owners. Proven Investments US ordinary shares closed at 23.99 US cents, gaining 0.01 US cent, with 203,725 units changing hands, Sterling Investments US ordinary shares traded 8,000 units at 0.11 US cents and JMMB Group 7.5% preference share closed at $1.13 exchanging 3,787 units.

Palace leaps $108 on Friday

Palace Amusement hit a record of $498 on Friday.


Cinema owners and movie promoters, Palace Amusement Company’s share price jumped $108 or just under 27 percent to close at an all-time high of $498 with just 888 shares trading on Friday. The movement in the price of the stock contributed in the market indices rising close to 1,000 points.
The stock traded with a gain of $50 to close at $390 on Tuesday in trading 200 shares. Trading in the main market of the Jamaica Stock Exchange closed on Friday with a number of stocks rising being outnumbered by those declining. The volume and value of stocks traded declined compared to the prior day. At the close of the market, the All Jamaica Composite Index gained 982.15 points to close at 258,619.66, the JSE Market Index rose 894.85 points to 235,631.79 and the JSE US dollar market index fell 3.32 points to close at 184.01.
Trading ended with 28 securities changing hands in the main market with 1 trading in the US dollar market, leading to 9 stocks advancing and 12 declining. Trading ended with 2,161,083 units valued at $46,263,769 changing hands in the main market, compared to 39,788,577 units valued at $130,153,064 at the close on Thursday. Trading in the US dollar market accounted for 489,884 units valued at US$115,026.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 4 stocks with bids higher than their last selling prices and 2 with lower offers.
The main market ended trading with an average of 77,182 units valued at a mere $5,040,005 for every security traded compared to an average of 1,473,651 units valued at a mere $4,820,484 on Thursday. The average volume and value for the month to date ended at 263,096 units with an average value of $4,517,103 compared with an average of 274,715 units with an average value of $4,484,422 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Barita Investments traded 1,372 shares at $7, Berger Paints lost $2.95 to end at $12.05, with an exchange of 5,077 shares, Cable and Wireless gained 2 cents to close at $1.12, with 241,397 stock units changing owners, Caribbean Cement closed at $26 trading 227,723 shares, Carreras traded $3 higher to close at $85 in exchanging 48,412 units, Grace Kennedy closed at $41.50, losing 50 cents with 2,487 units changing hands, Jamaica Broilers closed at $18, with gains of 50 cents in trading 14,948 shares, Jamaica Producers traded $1 higher to $16, with 18,695 units being exchanged. Jamaica Stock Exchange closed at $7 trading 20,747 shares, JMMB Group closed at $20, with 1,803 units changing hands, Kingston Wharves traded 98 cents higher to $26, with an exchange of 29,851 shares. NCB Financial Group closed at $71.50, gaining 50 cents after exchanging 21,399 shares, 1834 Investments closed at $1.50, losing 2 cents with 68,095 units changing hands, PanJam Investment lost 50 cents to close at $34, as 21,843 shares were traded. Portland JSX lost 95 cents to close at $9, with just 500 units changing hands, Proven Investments traded 51 cents lower to close at 52 weeks’ low of $19 exchanging 800,415 shares, more than $11 less than the stock traded at in the US dollar market, Pulse Investments closed at $18, with an exchange of 7,389 shares, Radio Jamaica lost 15 cents, closing at $1.50 with 44,371 shares switching owners, Sagicor Group closed at $34.19, losing 32 cents trading 6,890 shares, Sagicor Real Estate fund added 10 cents to close at $11.60, with 1,663 units trading, Scotia Group closed at $44.70, with gains of 70 cents exchanging 315,901 shares while Supreme Ventures closed at $7.50, losing 29 cents with 170,957 shares changing hands. Proven Investments US dollar listed ordinary share, exchanged 489,884 ordinary shares at 24 US cents, Proven Investments 8.25% preference share lost 3 cents, closing at $5.17, with 29,600 units traded, Jamaica Money Market Brokers 7.5% preference share closed at $1.90, with 44,650 units changing hands, JMMB Group 7.5% preference share closed at $1.12, with an exchange of 10,000 units and JMMB Group 7.25% preference share lost 1 cent to close at $1.49 with trades of 1,010 units.

RJR the dominant trade on Thursday

RJR traded more than 37 m shares on Thursday.

Trading in the main market of the Jamaica Stock Exchange closed on Thursday with a jump in the volume traded. Radio Jamaica with 37 million units and Sagicor Group with 1 million units were the only securities to contribute meaningful volumes. The weak demand elsewhere resulted in the market indices falling sharply.
At the close, the All Jamaica Composite Index declined 1,802.76 points to close at 257,637.51, the JSE Market Index fell 1,642.52 points to 234,736.94 and the JSE US dollar market index lost 0.77 points to close at 187.33.
At the close of trading, 27 securities changed hands with 1 trading in the US dollar market, leading to 11 stocks advancing and 11 declining. Trading in the main market ended with 39,788,577 units valued at $130,153,064 changing hands compared to 2,290,612 units valued at $72,785,626 at the close on Wednesday. Trading in the US dollar market accounted for 226,255 units valued at US$54,301.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 4 stocks with bids higher than their last selling prices and 2 with lower offers.
The main market ended trading with an average of 1,473,651 units valued at $4,820,484 for each security traded compared to an average of 88,100 units valued at $2,799,447 on Monday. The average volume and value for the month to date ended at 97,758 units with an average value of $2,120,059 compared with an average of 194,786 units with an average value of $4,462,018 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Berger Paints lost $1 and closed at $15, with an exchange of 78,383 shares, Cable and Wireless lost 5 cents to close at $1.10, with 7,673 stock units changing owners, Caribbean Cement fell $1.50 to $26 trading 58,492 shares, Carreras traded $4.70 lower to close at $82 exchanging 1,952 units, Grace Kennedy closed at $42, gaining 70 cents with 4,500 units changing hands, Jamaica Broilers closed at $17.50, with a loss of 40 cents trading 8,297 shares, Jamaica Producers traded $1 lower to $15, with 7,272 units exchanged. Jamaica Stock Exchange added 5 cents, closing at $7 trading 2,137 shares, JMMB Group closed at $20, with 24,728 units changing ownership, Kingston Properties lost 25 cents, closing at $10 with trades of 9,443 units, Kingston Wharves dropped $4.48 to close at $25.02, with an exchange of 2,323 shares. Mayberry Investments closed at $5.19, with a loss of 1 cent trading just 100 shares, NCB Financial Group closed at $71, losing 50 cents after exchanging 12,063 shares, 1834 Investments closed at $1.52, gaining 2 cents with 146,021 units changing hands, 138 Student Living traded 52,600 units at $4.50, Palace Amusement closed at $390 exchanging 197 units, PanJam Investment gained 50 cents to close at $34.50, with trades of 19,773 shares. Proven Investments traded 10,395 shares at $19.51, well below the approximate $30 the same share traded at in the US dollar market. Pulse Investments added 50 cents to close at $18, with an exchange of 7,500 shares, Radio Jamaica gained 5 cents, closing at $1.65 with 37,357,068 shares trading, Sagicor Group closed at $34.51, gaining 1 cent trading 1,800,807 shares, Sagicor Real Estate Fund gained 35 cents to close at $11.50, with trades of 13,246 shares. Scotia Group closed at $44, with gains of $1.47 exchanging 250 shares while Supreme Ventures added 34 cents, closing at a 52 weeks’ high of $7.79, with 10,230 shares changing owners. Proven Investments exchanged 226,255 ordinary shares at 24 US cents, Proven 8.25% preference share lost 20 cents, closing at $5.20, with 136,900 units traded and Jamaica Money Market Brokers 7.5% preference share gained 10 cents to close at $2, with 8,966 units changing hands.

 

JSE gains more than 1000 points Wednesday

Palace jumped $50 to $390 on Wednesday.

Trading in the main market of the Jamaica Stock Exchange closed on Wednesday with a number of stocks rising even as trading values declined when compared to the prior day and the market indices trended lower. The All Jamaica Composite Index gained 1,244.46 points to close at 259,440.27, the JSE Market Index rose 1,133.84 points to 236,379.46 and the JSE US dollar market index lost 12.35 points to close at 188.10.
At the close of trading, 26 securities changed hands in the main market and 2 traded in the US dollar market, leading to 14 stocks advancing and 6 declining. Trading in the main market ended with 2,290,612 units valued at $72,785,626 changing hands compared to 3,513,896 units valued at $221,929,673 at the close on Tuesday. Trading in the US dollar market accounted for 197,172 units valued at US$48,999.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 3 stocks with bids higher than their last selling prices and 3 with lower offers.

The main market ended trading with an average of 88,100 units valued at a mere $2,799,447 for every security traded compared to an average of 140,556 units valued at $8,877,187 on Tuesday. The average volume and value for the month to date ended at 194,786 units with an average value of $4,462,018 compared with an average of 202,407 units with an average value of $4,580,773 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Barita Investments traded 300 shares at $7, Berger Paints closed at $16, with a loss of $1.50 exchanging 16,449 shares, Cable and Wireless closed at $1.15, with 154,414 stock units trading, Caribbean Cement gained 60 cents to close at $27.50 trading 36,750 shares, Carreras closed at $86.70, with an exchange of 16,052 units, Grace Kennedy gained 30 cents and closed at $41.30, with 86,113 units changing hands, Jamaica Broilers closed at $17.90, with a loss of 10 cents trading 136,061 shares, Jamaica Producers traded 15 cents higher to close at $16, with an exchange of 6,000 units. Jamaica Stock Exchange gained 5 cents, closing at $6.95 trading 21,204 shares, JMMB Group closed at $20, after gaining 50 cents with 69,565 units changing owners, Kingston Properties closed at $10.25 with 384 units trading, Kingston Wharves traded $1.72 higher to close at $29.50, with an exchange of 1,798 shares. Mayberry Investments closed at $5.20, with gains of 70 cents trading 10,000 shares, NCB Financial Group closed at $71.50, losing 50 cents after exchanging 167,790 shares, 1834 Investments closed at $1.50, with 35,444 units changing hands, 138 Student Living gained 2 cents to close at $4.50, with 10,000 units, Palace Amusement jumped $50 and closed at a new all-time high of $390, trading 200 units, PanJam Investment exchanged 58,141 shares to gain 1 cent and end at $34. Pulse Investments traded 50 cents higher to close at $17.50, with an exchange of 4,756 shares, Radio Jamaica exchanged 85,169 shares at $1.60,Sagicor Group closed at $34.50, gaining 30 cents, trading 717,539 shares. Scotia Group closed at $42.53, after losing $1.02 in exchanging 510,077 shares, Scotia Investments closed at $37 with 22,356 units changing hands while Supreme Ventures gained 45 cents and closed at $7.45, with 111,000 shares trading. Proven Investments closed at 24 US cents, with a loss of 0.02 US cents, trading 183,292 ordinary shares, Margaritaville Turks lost 0.01 US cent to close at 34 US cents exchanging 13,900 units, JMMB 7.5% preference share lost 10 cents to close at $1.90, with 7,850 units changing hands and Proven 8.25% preference share gained 20 cents, closing at $5.40, with 5,200 units traded.

JSE main market drops on Thursday

JSE headquarters in downtown Kingston.

The main market of the Jamaica Stock Exchange closed much lower than on Thursday than on Wednesday with the All Jamaica Composite Index dropping 1,555.59 points to close at 260,937.31. The JSE Market Index dived 1,417.31 points to 237,743.45 and the JSE US dollar market index lost 0.83 points to 213.20.
At the close of trading, 29 securities changed hands including 1 trading in the US dollar market, leading to 10 stocks advancing and 9 declining. Trading in the main market ended with 6,887,167 units valued at $169,323,809 changing hands compared to 5,393,689 units valued at $311,918,709 at the close on Wednesday. Trading in the US dollar market accounted for 15,950 units valued at US$4,466.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 7 stocks with bids higher than their last selling prices and 4 with lower offers.
The main market ended trading with an average of 255,080 units valued at a mere $6,271,252 for every security traded compared to an average of 215,748 units valued at a mere $12,476,748 on Monday. The average volume and value for the month to date ended at 139,696 units with an average value of $4,379,939 compared with an average of 116,619 units with an average value of $4,001,676 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Berger Paints lost 75 cents to close at $18.75, with 128,862 shares changing hands, Cable and Wireless traded 450,000 stock units at $1.25, Caribbean Cement closed at $27, after falling $1.82 exchanging 5,536 shares, Carreras added $1, closing at $85, with 17,467 shares changing hands, Grace Kennedy closed at $42.97, gaining 2 cents with trades of 14,102 units, Jamaica Broilers gained 15 cents to close at $17.65, with 6,225 shares exchanged, Jamaica Producers closed at $16, with 100,266 units changing hands. Jamaica Stock Exchange traded 10 cents lower to close at $7 trading 26,494 shares, JMMB Group closed at $19, with a loss of $1 exchanging 2,631,555 units, Kingston Wharves closed at $32, gaining $1 trading 74,207 shares, NCB Financial Group closed at $71, with gains of $1 after exchanging 96,597 shares, 138 Student Living closed at $4.49 trading 13,000 units, 1834 Investments lost 1 cent to close at $1.54, with 5,842 shares changing owners. Palace Amusement exchanged 1,167 units at $340, PanJam Investment closed at $34.70, with an exchange of 3,000 shares, Portland JSX traded 15 cents lower to close at $10, with 12,531 units trading, Pulse Investments advanced $2.50, closing at $17 trading 11,000 shares, Radio Jamaica added 3 cents to close at $1.70 exchanging 8,621 shares, Sagicor Group closed at $34.35, gaining 10 cents with an exchange of 2,756,521 shares, Sagicor Real Estate Fund traded 20 cents slower to close at $10.80 with 2,741 shares traded. Scotia Group added 30 cents to close at $43.80 while exchanging 18,028 shares, Scotia Investments dropped $1.50 and closed at $36.50, with 3,300 shares changing hands, Seprod closed at $29.90, trading 9,100 shares, Sterling Investments lost $1.80 to close at $15.10, with an exchange of 328,000 units while Supreme Ventures traded 124,005 shares at $7.50. Proven Investments traded 15,950 ordinary shares at 28 US cents Sterling Investments US dollar listing traded 1,000 units at 11 US cents and JMMB Group 7.5% preference share closed at $1.15, with trades of 37,000 units.

Jamaica main market stocks fall -Tuesday

Trading in the main market of the Jamaica Stock Exchange closed on Tuesday with more stocks declining than rising leading to a second straight days of decline in the market indices. At the close the All Jamaica Composite Index declined 620.51 points to 262,154.53, the JSE Market Index fell 565.35 points to 238,852.47 and the JSE US dollar market index lost 1.08 points to 214.46.
Trading ended with 28 securities changing hands with 1 trading in the US dollar market, leading to 10 stocks advancing and 13 declining. Trading in the main market ended with 1,999,970 units valued at just $31,629,345 changing hands compared to 1,059,661 units valued at a mere $8,670,794 at the close on Monday. Trading in the US dollar market accounted for 52,647 units valued at US$14,909.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 7 stocks with bids higher than their last selling prices and 3 with lower offers.
The main market ended trading with an average of 74,073 units valued at a mere $1,171,457 for every security traded compared to an average of 36,540 units valued at a mere $298,993 on Monday. The average volume and value for the month to date ended at 91,837 units with an average value of $1,882,908 compared with an average of 97,758 units with an average value of $2,120,059 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Berger Paints closed at $18.75, with gains of 75 cents exchanging 131,922 shares, Cable and Wireless lost 5 cents to close at $1.25 trading 23,220 stock units, Caribbean Cement traded 9,754 shares at $29, Carreras added 1 cent, in closing at $84.01, with 2,961 shares changing hands, Grace Kennedy closed at $42.95, losing 5 cents trading 9,185 units, Jamaica Broilers traded 46 cents lower to close at $17.50, with 83,176 shares being exchanged, Jamaica Producers gained 10 cents to close at $16.10, with 76,301 units changing hands. Jamaica Stock Exchange closed at $7.10, with a loss of 29 cents trading 7,200 shares, JMMB Group traded 132,068 units at $20.88, with gains of 38 cents, Kingston Wharves lost 60 cents, in closing at $31.40, while exchanging 3,034 shares, Mayberry Investments gained 29 cents to close at $4.99, trading 11,005 shares, NCB Financial Group closed at $70.80, gaining 25 cents after exchanging 94,931 shares, 1834 Investments lost 7 cents to close at $1.43 trading 7,000 shares. Palace Amusement soared to an all-time high of $340, gaining $110 with just 103 shares traded, PanJam Investment closed at $34.70, with a loss of 30 cents, trading 131,937 shares, Portland JSX closed at $10.15, with 1,000 shares changing hands, Pulse Investments traded $1.50 lower to close at $14.50, with 24,000 shares exchanged, Radio Jamaica lost 5 cents to close at $1.65 in trading 553,296 shares, Sagicor Group added 55 cents to close at $34.80, with an exchange of 11,800 shares while Sagicor Real Estate Fund lost 50 cents to close at $11, with 22,715 shares changing hands. Salada Foodsadded 95 cents, closing at 52 weeks’ high of $10, with 2,000 shares. Scotia Group fell 30 cents, closing at $43.50 exchanging 96,431 units, Scotia Investments traded $1.35 higher to close at $37.85, with 20,165 shares, Seprod closed at $29.90, trading 17,520 shares while Supreme Ventures lost 9 cents to close at $7.40 exchanging 524,816 shares. Proven Investments traded down marginally with 52,647 ordinary shares at 28.29 US cents, Jamaica Money Market Brokers 7.5% preference share closed at $2 with trades of 1,492 units and JMMB Group 7.5% preference share closed at $1.15 exchanging 938 units.

Upper hand to rising stocks Wednesday

NCBFG ended a new closing high of $70 trading on the JSE on Wednesday.

Trading in the main market of the Jamaica Stock Exchange closed on Wednesday with 25 securities changing hands with 2 trading in the US dollar market. A total of 13 stocks advanced and 9 declined while 2 closed at a new highs and one at a 52 weeks’ low.
Trading levels in main market ended at 3,999,238 units valued at $59,651,337 compared to 4,459,136 units valued at $97,369,402 at the close on Tuesday. Trading in the US dollar market accounted for 25,143 units valued at US$23,308.
The All Jamaica Composite Index jumped 1,629.68 points to close at 250,336.15 the JSE Market Index surged 1,484.82 points to finish at 228,084.60 and the JSE US dollar market index gained 3.38 points to close at 219.00.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 10 stocks with bids higher than their last selling prices and 1 with a lower offer.
The main market ended trading with an average of 159,970 units valued at $2,364,549 for each security traded, compared to an average of 165,153 units valued at $3,606,274 per security on Tuesday. The average for the month to date, ended at 484,175 units valued at $5,094,235 for each security versus 516,596 units valued at $5,367,204 on the prior trading day. The average volume and value for March ended at 549,909 units and $1,379,459.
In market activity, Berger Paints closed at $13.93, with a loss of 7 cents trading 37,105 shares, Cable and Wireless closed at $1.35, gaining 5 cents with an exchange of 953,276 shares, and Caribbean Cement closed $2 higher to $32 with 175,355 units changing hands. Carreras closed at $74, exchanging 21,369 shares, Grace Kennedy closed at $42, losing 80 cents with trades of 254,769 units, Jamaica Broilers closed 20 cents lower to $16.80 with 170,159 shares changing hands, Jamaica Producers closed at $15.41, with gains of 41 cents while exchanging 7,182 shares,Jamaica Stock Exchange gained $1 to close at $8, with an exchange of 87,363 shares. JMMB Group closed 33 cents higher at $18.98, with trades of 403,706 units, Kingston Properties traded at $15.50, losing 45 cents with 2,800 shares changing hands, Kingston Wharves closed $1 higher at $31, in trading 22,662 units, Mayberry Investments gained 20 cents to close at $4.70 exchanging 6,761 shares, NCB Financial Group traded $5 higher to end at a 52 weeks’ closing high of $70, with 36,393 shares changing hands, 1834 Investments closed at $1.50, with an exchange of 12,748 shares, 138 Student Living closed at $4.49 with 6,012 units traded, infrequent traderPalace Amusement advanced $30, to end at a 52 weeks’ high of $230 while exchanging just 100 units, Pan Jamaican closed at $35, while gaining 34 cents with 21,503 shares changing hands. Radio Jamaica gained 5 cents to close at $1.65 with trades of 25,081 shares, Sagicor Group gained 20 cents to close at $33.25, while trading 511,828 shares, Sagicor Real Estate Fund closed at $10.05, with 1,472 shares traded, Salada Foods closed 95 cents lower, to end at a 52 weeks’ low of $7.05, with 1,000 shares changing owners, Scotia Group lost $1.50 and closed at $40, exchanging 149,444 units, Supreme Ventures closed at $6.15, while losing 23 cents and trading 2,373 shares. Proven Investments closed at 30 US cents, exchanging 5,437 ordinary shares, Jamaica Money Market Brokers 7.5% preference share lost 1 cent to close at $1.80 with an exchange of 130,597 units, JMMB Group 7.5% preference share traded 5 cents lower, closing at $1.05 with 958,180 units changing hands, and JMMB Group US 6% preference share rose 2 cents and closed at US$1.10 with trades of 19,706 units.

 

Cargo Handlers top Jamaican stock with 393% gain

Bulls pushing Jamaican stock to new highs.

2016 will go down in the history of the Jamaican stock market as the year in which stock splits fuelled strong demand for stocks, pushing many to levels not thought possible in recent time.
Cargo Handlers surged with a gain of 393 percent in 2016 to be the top performing stock on the Jamaica Stock Exchange, ending the year at $18.50 after a 10 for 1 stock split earlier in the year. The stock which trades at a PE of 30 times IC Insider’s 2017 estimated earnings, is also one of the most highly priced on the market. Last year the company posted profits that rose from 25 cents per share in 2015 to 42 cents in 2016.
Honey Bun roared along with gains of 325% to close the year at $5.85 after hitting a high of $7.50 in response to a 5 for 1 stock split and rise in profits of 104.7 percent for 2016.
The 2016 listed ISP Finance, jumped 250 percent to close the year at $8.50 on the expectation of strong future profit growth. This is one of the few stocks that grew sharply without the benefit of a stock split.
AMG Packaging climbed to be fourth best performer, benefiting from expectation of profit to flow from their new tissue operation and latterly by an announcement of a 5 for 1 stock split. Interestingly, while AMG last price was $24.51, the bid has been at $26.50 for several days, an indication that it will trade above the last traded price for 2016. Paramount Trading gained a more moderate 233%, helped by its expansion of it lubricant manufacturing in a joint venture arrangement and a 10 for 1

Paramount

stock split that pushed the stock as high as $4.68, the stock close 2016 at $3.
Jetcon Corporation that listed in March at $2.25 per share, jumped 167 percent by the end of the year to $6, propelled by a near doubling in profit over 2015.
Blue Power gained 129% to sit at 7 position then Palace Amusement ended with a gain of 122, tTech that listed in January 2016 ended at tenth spot with gains of 112% just edging out Margaritaville Turks with 111 percent at number 11. Knutsford Express with gains 108% was the only other stock in the overall market to rise by more than 100%.
Data by the Investor’s Choice going back several years to 1980, indicates that on average only 22 percent of stocks in the top 10 repeat in the subsequent year. AMG was the sole stock that was in the top 10 in 2015 to repeat in 2016. These are sobering data investors would do well to ponder.