The Junior Market of the Jamaica Stock Exchange gave back just under a half of the gains posted on Thursday but the Main and the JSE USD markets rallied to close out the day higher than the opening, with the volume of stocks traded rising moderately, with trading ending with the value rising over the previous trading day and the market closed with prices of 39 shares gaining and 33 declining.
At the close of the market, the JSE Combined Market Index climbed 1,085.09 points to 336,104.77, the All Jamaican Composite Index rallied 1,200.87 points to 360,257.92, the JSE Main Index rose 1,549.21 points to 323,274.84. The Junior Market Index fell 42.00 points to 3,759.37 and the JSE USD Market Index popped 3.31 points to end at 247.45.
At the close of trading, 23,219,570 shares were exchanged in all three markets, moderately more than the 23,131,587 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $125.91 million, up from $96.67 million trading on the previous day and the JSE USD market closed with an exchange of 670,997 shares for US$26,968 compared to 119,808 units at US$30,732 on Thursday.
Main Market trading was dominated by Wigton Windfarm with 2.90 million shares followed by Transjamaican Highway with 2.44 million units and Sagicor Select Financial Fund ending with 514,757 units.
In the Junior Market, Mailpac Group led trading with 4.76 million shares followed by Dolla Financial with 1.45 million units, Stationery and Office Supplies ended with 1.36 million stocks, Regency Petroleum closed with 1.27 million shares and One Great Studio with 1.14 million units.
At the close of the market, some of the major Main Market stocks that rose are Massy Holdings popped $2 to end at $90, Pan Jamaica rallying $3.90 to $50, Proven Investments advancing $5.05 to $27, Sagicor Group popping $1 to close at $43 as Seprod climbed $2.05 in closing at $85.55.
The major declining Main Market stocks include AS Bryden with a loss of 99 cents in ending at $42, Jamaica Producers declining $1.15 to close at $21.66, Scotia Group skidding 96 cents to end at $40.50.
Stocks ending with major gains in the Junior Market are, Caribbean Cream up 34 cents to close at $3.79, Iron Rock Insurance increasing 32 cents and ending at $2.42 and Mailpac Group advancing 25 cents to close at $2.28, the major losing stocks are AMG Packaging dipping 35 cents in closing at $2.60, Dolphin Cove losing 40 cents and ended at $18.60 and Regency Petroleum dropping 23 cents to $2.15.
In the preference segment, Eppley 7.25% preference share shed $1.90 to close at $17, Eppley 7.75% dropped $4.95 to end at $18, 138 Student Living preference share rose $28.84 in closing at $221.12, Productive Business Solutions 10.5% gained $125 and ended at $1200 clearing the market with 170 stocks and recently listed Sygnus Credit Investments c10.5% advanced $2 to $107.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 20.8 on 2022-23 earnings and 14 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to navigate numerous investment options successfully in the stock market. The 
ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume pertaining to the highest bid and the lowest offer for each company.
Junior Market index at 3,801 as other markets rise
The Junior Market of the Jamaica Stock Exchange surged higher in trading on Thursday as the market index closed at just over 3,801 points, with the Main Market and the JSE USD market rising moderately as trading ended with the number exchanged falling, with the value traded jumping sharply over that on Wednesday as 30 shares rose and 26 declined.
At the close of trading on Thursday, the JSE Combined Market Index climbed 1712.97 points to close at 335,019.68, the All Jamaican Composite Index climbed by 1,622.28 points to close at 359,057.05, the JSE Main Index rose 1,118.96 points in ending trading at 321,725.63. The Junior Market Index jumped 75.77 points to 3,801.37 and the JSE USD Market Index gained 2.97 points to end the day at 244.14.
At the close of trading, 23,131,587 shares were exchanged in all three markets, down from 31,607,536 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounted to $96.67 million, up from $$90.38 million on Wednesday and the JSE USD market closed with an exchange of 119,808 shares for US$30,732 compared to 152,413 units at US$68,498 on Wednesday.
Main Market trading was dominated by Transjamaican Highway that led trading with 15.64 million shares followed by Wigton Windfarm with 2.64 million units and Stanley Motta, with 901,971 stock units.
In the Junior Market, Future Energy led trading with 349,804 shares followed by Stationery and Office Supplies with 339,937 units and Mailpac Group with 299,144 units.
At the close of the market, some of the major Main Market stocks that rose are AS Bryden rallied $2.49 to close at $42.99, Caribbean Cement advanced $1.74 to end at $53, Mayberry Group climbed $1.16 in closing at $7.6 and Scotia Group advanced $1.46 and ended at $41.46.
The major declining Main Market stocks include Pan Jamaica skidded $3.89 and ended at $46.10, Sagicor Group sank $1.40 to $42 changing hands 50 shares, Seprod declined $3.30 in closing at $83.50.
Junior Market, stocks with notable gains are Access Financial climbed 76 cents in closing at $23.96, Cargo Handlers popped $1.82 to close at $14.90 and Lasco Manufacturing increasing 33 cents and ended at $4.94. There were no major losing stocks on Thursday.
In the preference segment, Eppley 7.25% preference share rallied $2.84 to close at $18.90, Jamaica Public Service 7% lost $4.99 to $45 closed at 550 and Sygnus Credit Investments c10.5% dropped $9.99 to close at $105.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 20…8 on 2022-23 earnings and 14 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume pertaining to the highest bid and the lowest offer for each company.
Falling stocks pulled down all JSE markets
The Jamaica Stock Exchange closed trading on Tuesday with losses in all three markets after the Junior Market pushed higher in the morning session but fell in the latter part of trading as the market ended with the number of stocks that were exchanged fell, with the value jumping sharply over that on Tuesday as rising and declining stocks were even at 35 each.
At the close of trading, the JSE Combined Market Index fell 731.57 points to 332,396.75, the All Jamaican Composite Index dropped 1,452.88 points to 355,718.64, the JSE Main Index shed 647.61 points to end at 319,662.38. The Junior Market Index dropped 14.18 points to settle at 3,722.82 and the JSE USD Market Index skidded 1.07 points to end at 239.66.
At the close of trading, 29,690,680 shares were exchanged in all three markets, down from 36,430,685 units on Monday, with the value of stocks traded on the Junior and Main markets amounted to $120.94 million, up from $67.96 million on Monday and the JSE USD market closed with an exchange of 147,004 shares for US$5,094 compared to 317,598 units at US$259,958 on Monday.
Main Market trading was dominated by JMMB 9.5% preference share led trading with 2.84 million shares followed by Transjamaican Highway with 1.62 million stock units and Sagicor Select Financial Fund with 1.17 million units.
In the Junior Market, Future Energy led trading with 15.91 million shares followed by JFP Ltd with 711,974 units and Regency Petroleum with 603,202 units.
At the close of the market, some of the major Main Market stocks that rose are NCB Financial advanced $2.79 in closing at $68 and Seprod popped $2.30 to $84.30.
The major declining Main Market stocks include Eppley Caribbean Property Fund shed $1.01 and ended at $37.54, Guardian Holdings climbed $3, Jamaica Producers dropped $2.05 to $21.65, Mayberry Group sank $1.12 and ended at $7.08, MPC Caribbean Clean Energy dipped $1 and ended at $90 and Scotia Group declined $1.49 to close at $39.51.
Only one Junior Market stocks closed with solid gains on Tuesday as ISP Finance jumped $7.36 and ended at $30. The major losing Junior Market stocks include AMG Packaging dropping 60 cents to close at $2.56, Iron Rock Insurance dipping 41 cents to close at $2.10 and Knutsford Express falling $2.89 in closing at $9.50.
In the preference segment, Eppley 7.25% preference share skidded $2.64 in closing at $16.26 and Jamaica Public Service 7% rallied $7.99 to $49.99.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 20.7 on 2022-23 earnings and 13.9 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume pertaining to the highest bid and the lowest offer for each company.
Trading volume surges on the JSE markets
The market of the Jamaica Stock Exchange closed mixed in trading on Monday as the Junior Market JSE USD market edged moderately higher and the Main Market major indices recorded declines and gains after trading ended with the volume of stocks exchanged surging, with the value traded falling from that on Friday and resulting in 38 shares rising and 32 declining.
At the close of trading on Monday, the JSE Combined Market Index shed 934.48 points to end at 333,128.32, the All Jamaican Composite Index rallied 577.72 points to 357,171.52, the JSE Main Index shed 1,065.68 points to close at 320,309.99. The Junior Market Index popped 7.42 points to 3,737.00 and the JSE USD Market Index rose 3.41 points to end the day at 240.73.
At the close of trading, 36,430,685 shares were exchanged in all three markets, up from 12,488,845 units on Friday, with the value of stocks traded on the Junior and Main markets amounted to $67.96 million, down from $97.58 million on Friday and the JSE USD market closed with an exchange of 317,598 shares for US$259,958 compared to 649,338 units at US$15,760 on Friday.
Main Market trading was dominated by JMMB 9.5% preference share led trading with 18.65 million shares followed by Wigton Windfarm with 4.92 million units, Sagicor Select Financial Fund was next with 1.16 million stock units and Transjamaican Highway with 1.12 million shares.
In the Junior Market, Express Catering led trading with 3.37 million shares followed by JFP Ltd with 1.43 million units and Dolla Financial with 1.05 million stock units.
At the close of the market, some of the major Main Market stocks that rose are Caribbean Cement rose $1.68 to close at $53, Jamaica Producers climbed $1.70 to close at $23.70, Margaritaville increased $1.55 in closing at $17.05and Scotia Group gained $2 in closing at $41.
The major declining Main Market stocks include AS Bryden fell $1 to $40, Eppley Caribbean Property Fund skidded $1.45 and ended at $38.55, Guardian Holdings sank $17 in closing at $372, NCB Financial declined $2.78 to $65.21.
On a day of limited price movement in the Junior Market, the major stocks with gains are Express Catering increased 36 cents to $3.97 KLE Group rallied 45 cents to end at $2.30.and Knutsford Express advanced 39 cents to close at $12.39, with the major losing stock being Dolphin Cove fell 50 cents and ended at $19.
In the preference segment, Productive Business Solutions 9.75% preference share lost $30 in closing at $90.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 20.8 on 2022-23 earnings and 13.9 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume pertaining to the highest bid and the lowest offer for each company.
JSE markets fall to close out the week
All three markets of the Jamaica Stock Exchange slipped at the close of trading on Friday as trading ended with a reduced volume of shares being exchanged, with a lower value than on Thursday, with a few stocks trading with sizable price movements on a day when prices of 27 stocks rose and 31 declined.
At the close of the market on Friday, the Composite Index shed 465.78 points to end at 356,593.80. The JSE Main Index lost 723.40 points to conclude trading at 321,375.67. The Junior Market Index slipped 2.31 points to 3,729.58 and the JSE USD Market Index sank 3.74 points to lock up trading at 237.32.
At the close of trading, 12,488,845 shares were exchanged in all three markets, down from 17,340,719 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $97.58 million, down from $109.09 million on Thursday and the JSE USD market closed with an exchange of 649,338 shares for US$15,760 compared to 156,654 units at US$16,462 on Thursday.
Main Market trading was dominated by Transjamaican Highway which led trading with 2.47 million shares followed by Wigton Windfarm with 1.29 million units and Jamaica Producers with 955,735 units.
In the Junior Market, ONE on ONE Educational led trading with 1.19 million shares followed by EduFocal with 910,630 units and Stationery and Office Supplies with 437,366 units.
At the close of the market, some of the major Main Market stocks that rose are NCB Financial rose $1.89 to $67.99, Pan Jamaica gained $4.45 in closing at $50.
The major declining Main Market stocks include AS Bryden sank $2 in closing at $41, Caribbean Cement lost $3.68 to close at $51.32, Jamaica Producers dropped $5 to $22 and Seprod skidded $3.70 to $82.
On a day of limited price movement in the Junior Market, the major stocks with gains are Dolphin Cove gained $1.49 to $19.50, KLE Group climbed 51 cents to end at $1.85, Knutsford Express rose $1 in closing at $12 and Main Event advanced $1 to $16. No stocks ended with a major loss on Friday.
In the preference segment, 138 Student Living preference share climbed $24.28 to $192.28.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 2… on 2022-23 earnings and 1… times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to navigate numerous investment options successfully in the stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume pertaining to the highest bid and the lowest offer for each company.
Big declines in Main & Junior Markets on Tuesday
Trading picked up on the Jamaica Stock Exchange on Monday with a greater volume of stocks trading at a much higher value than on Monday, with both the Main and the junior Market indices dropping from Monday’s close while the JSE USD Market rose after sharp declines in a series of stocks
led by Guardian Holdings, down $104.99, ISP finance with a fall of $7.50, Pan Jamaica down $5.41, Seprod falling $4.70, Eppley Property $4.30, Carib Cement off $2.77 and Access down $2,45.
Trading closed with a plunge in JSE Combined Market Index by 4,203.69 points to end trading at 323,867.88, the All Jamaican Composite Index dropped 3,347.62 points to finish at 347,377.50, the JSE Main Index dived 4,153.74 points to 310,988.80. The Junior Market Index dropped 35.17 points to wrap-up trading at 3,677.75 on Tuesday and the JSE USD Market Index rose 3.47 points to end trading at 227.60.
Investors traded 20,284,498 shares, in all three markets, up from 12,196,470 units on Monday. The value of stocks traded on the Junior and Main markets amounts to $174.37 million up from just $40.13 million on Monday, as Wisynco Group dominated trading with 5.18 million shares for $104 million. The JSE USD market closed after 198,410 shares were traded, for US$3,547 compared to 89,619 units at US$7,899 on Monday.
In the preference segment, Jamaica Public Service 7% popped $1 to end at $46.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 20.8 on 2022-23 earnings and 13.5 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to successfully navigate numerous investment options in the local stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume pertaining to the highest bid and the lowest offer for each company.
Pan Jam’s 5 for 1 split
IC Insider.com long standing BUY RATED stock, Pan-Jamaican Investment Trust (PJAM) may now be set to come into its own with an announced 5 for 1 stock split approved by the board in February, with the Jamaica Stock Exchange being informed more than 2 months after they should have been.
The stock last traded on the Jamaica Stock Exchange at $98, but based on its earnings of $15.19, the price should be much higher. The stock price has struggled for some time to achieve the valuation that most other stocks in the main market have attained, since the start 2015. As one of the highest priced stocks on the Jamaican market, investors have been looking elsewhere, to invest their money, leaving the stock attractively priced and undervalued.
Various investors in the past, have been saying that the company needed to split the stock to make it more attractive for investors. Management felt otherwise, saying that a split would make it appear to be a penny stock, in the eyes of overseas investors.
It seems like the decision of both Jamaican Teas and the Lasco group to split and the impact that the spilt has had on the prices of these stocks may have convinced the Pan Jam directors to take the plunge.
The company in a release to the Stock Exchange today, advised that the following resolution was recommended by the Board of Directors at its meeting held on February 29, 2016: “Special Resolution- Resolution for the Sub-Division of Shares – “That each of the 250,000,000 ordinary shares in the capital of the company be subdivided in 5 ordinary shares each thereby making a total share capital of 1,250,000,000 ordinary shares of no par value at the existing total stated capital of 2,141,985,000 with effect from the close of business on May 31, 2016”.
The resolution is subject to approval at the Annual General Meeting scheduled for Thursday, May 26, 2016.
Interestingly, the Jamaica Stock Exchange rule states that a company is required to give notice to the Exchange of at least a week in advance, the date of the Board meeting at which the declaration or recommendation of a dividend, bonus issue or rights issue will be considered. Question did Pan Jamaican comply?
JSE set for new record high
Friday’s 7,697.11 points jump in the all Jamaican Composite index taking it to 118,154.30 points, puts the market within 20,763.29 points of the high of 138,917.59 reached on 24th of January 2005.
The 2005 record is nearly 11 years old but seems destined to be taken out soon with the planned offer by Heineken to buy Desnoes and Geddes shares at near $31 speeding. This should push the index by another 10,000 points, leaving other stocks to contribute just over 10,000 points to put the index over the old record.
The market has now broken through the 115,000 mark that was a resistance point, but faces the 130,000 points resistance level and then 150,000 which is 17 percent away from the 128,000 points that D&G alone could push it to. But making the final leap to the 150,000 or beyond by the end of this year will be a tall order, with the likes of Scotia Group not generating increased profits to contribute much to lift the index. National Commercial Bank could provide some punch but must break through the $34 barrier that is a major resistance area for the stock. Grace Kennedy should help now that supply for the stock is drying up. Cable & Wireless looks also seem set to rise that that is a heavy-duty index mover with 16 billion shares in issue, while Sagicor Group another big capitalisation stock should add some to the index when results are released for the September quarter. Of course Treasury bill rates have been falling and further declines could lift the entire market.
20 JSE stocks rose 3 fell Thursday
NCB traded 5.7m shares as high as $32.50 for an intraday 52 weeks’ high.
The main market indices enjoyed another day of decent gains. The JSE Market Index climbed 699.38 points to 99,772.07, the JSE All Jamaican Composite index rose 781.60 points to 110,457.19 and the JSE combined index jumped 1,035.02 to end at 104,016.00 points.
IC bid-offer Indicator| At the end of trading, in the main and junior
markets, the Investor’s Choice bid-offer indicator had a reading of 11 stocks with bids higher than their last selling prices and 4 with offers that were lower.In trading, Cable and Wireless added 2 cents, with 981,889 shares changing hands to close at 53 cents, Carreras traded 257,755 shares to close 6 cents higher at $50.31, Caribbean Cement stock, gained 49 cents with 63,483 shares changing hands at $8.50, Desnoes and Geddes did not trade, the stock closed with a bid of $10.58 to buy 2,744,725 units. Jamaica Broilers closed at $6.50 with 119,681 shares changing ownership, Jamaica Producers gained $1.30 in trading 12,014 shares to end at $18, JMMB Group traded just 8,546 shares at $8 with a 35 cents gain. The stock closed with the bid at $8 to buy 1,754 shares but with 100,000 units on the bid at $7.90 and 466,490 at $7.80, the closest amounts being offered are 51,500 and 100,000 shares at $8.50. Mayberry Investments traded just 1,020 units at $2.35,
but the stock that fell sharply during the week to $2.20 now has more than 1 million units on the bid at $2.35, the lowest offer is at $2.70. National Commercial Bank rose $1.01 to $30.02 with 5,710,591 shares trading as high as $32.50 for an intraday 52 weeks’ high. Pan Jamaican Investments traded 14,123 shares at $61.25 having gained 25 cents, Radio Jamaica traded 46,000 shares to close at $4, Sagicor Real Estate Fund ended with 40,900 shares trading at $7.51, Scotia Investments lost $1.95 in ending at $26.50 while 202,000 shares traded and Supreme Ventures gained 3 cents with 154,935 units changing hands to close at $3.63.
Price changes aplenty & no direction for JSE
The Jamaica Stock Exchange saw low trading activity on Tuesday and at the close, there were 10 stocks rising, 11 declining with 30 securities totalling 986,801 units, valued at $11,478,835 changing hands, in all market segments. Trading in the main market was very light with only 745,029 shares trading.
The main market indices enjoyed a second day of increases with the JSE Market Index added 77.06 points to 96,433.55, the JSE All Jamaican Composite index gained 86.11 points to 106,726.20 and the JSE combined index rose 180.75 to end at 99,807.18 points.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 9 stocks with bids higher than their last selling prices and 3 with offers that were lower.
In trading, Cable and Wireless rose 2 cents with 85,687 shares changing hands, to close at 51 cents, Caribbean Cement had 150,477 shares trading with a 29 cents rise, to $8, Carreras lost 20 cents in trading 9,195 shares and ended at $48.90, Desnoes & Geddes traded 28,656 shares to end at $6.60 for a fall of 40 cents. Grace Kennedy had 50,670 shares changing hands at $64, 
Jamaica Broilers traded at $6 with 55,760 shares changing ownership and gained 30 cents, Jamaica Stock Exchange traded 56,000 shares at $7.50, JMMB Group traded 51,620 units to end at $7.65, National Commercial Bank had 28,578 units changing hands and ended at $27.52 after losing 23 cents. Pan Jamaican traded 11,090 shares to close at $61.71. Radio Jamaica traded at $3.08 with 13,820 shares changing hands. Sagicor X Fund with 12,000 shares closed with a gain of 39 cents to end at $7.40, Scotia Group lost 95 cents in ending at $24 while 25,457 shares traded and Scotia Investments gained 1 cent to land at $25.01 with 55,000 units.