Year ends with 11 stocks up 7 down

December 31, 2014 by

day’s activity on the Jamaica Stock Exchange, resulted in the prices of 11 stocks rising and 7 declining as 30 securities changed hands, ending in 1,626,438 units trading, valued at only $4,460,185, in all market segments.
JSE sum 31-12-14
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 18 stocks with bids higher than their last selling prices and 3 stocks with offers that were lower. With this being the final trading day for the year, the high levels of higher bids may be due to portfolio managers trying to influence year-end values for their portfolios. The numbers have been rising, with the day before Christmas having a reading of 9 to 4, followed by Monday with 10 to 2 and Tuesday 14 to 2. This is a development worth watching, to see if it carries over with a strong reading into 2015.
Main Market| The JSE Market Index lost 375.48 points to 76,353.39, the JSE All Jamaican Composite index fell 419.80 points to close at 84,084.94 and the JSE combined index gained declined by 322.23 points to close at 78,223.45. The market closed out 2014 with the all Jamaica rising by 2.7 percent for the year, the JSE composite is down 5.3 percent and the junior market 9.2 percent.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Barita Investments concluded trading with 18,000 shares changing hands to close with a gain of 7 cents at $2.25. Berger Paints ended with 16,000 shares trading with a gain of 15 cents to a new 52 weeks’ high of $2, Jamaica Broilers finished with 5,000 shares trading with a gain of 3 cents to $4.04, Jamaica Producers ended with 30,000 shares changing hands to close 25 cents higher at $17.50, Mayberry Investments finished trading with 1,020 shares changing hands to close 2 cents up to $1.52, Proven Investments concluded trading with 35,639 ordinary shares changing hands and increased in price by 0.23 cents to close at 19 US cents, Sagicor Group ended with 41,000 shares with the price rising 25 cents to $10.25 and Supreme Ventures ended trading with 48,400 shares trading with a gain of 10 cents to $2.

Berger closed up 15 cents or 8% to $2, with no stock on offer at the end of trading

Berger closed up 15 cents or 8% to $2, with no stock on offer at the end of trading

Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless with 800,000 shares changing hands at 48 cents, Jamaica Money Market Brokers ended with 81,704 ordinary shares trading at $7.10. Kingston Wharves ended trading with 23,861 shares changing hands at $6, National Commercial Bank ended with 7,200 shares at $18.50 and Sagicor Real Estate Fund closed with 1,500 shares changing hands at $7.11.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Carreras closed with a loss of 41 cents white trading 10,500 shares to close at $36.40, Desnoes & Geddes ended with 51,900 shares changing hands to close 5 cent down at $4.95, Grace Kennedy closed with 500 units, the price slipped $2 to $61, Pan Jamaican Investment finished with 433 units trading as the price slipped 95 cents $59 and Scotia Group closed the year with 800 shares trading lower by 39 cents to $20.01.
Preference| Jamaica Money Market Brokers 7.50% preference share finished with 428 units trading at $2 and Proven Investments 8% preference share ended with 41,011 shares changing hands to close at $5.10.

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JSE set to close out 2014 up

December 30, 2014 by

Trading on the Jamaica Stock Exchange should end the year on a positive note as there was far more stocks closing with higher bids than those that had lower offers at the close on Tuesday, suggesting that the majority of stocks trading should enjoy increased prices.
Proven280x150The major shares in Access Financial Services changed hands on Tuesday in trading on the stock exchange junior market as Mayberry sold out its holdings to Proven Investments. Mayberry who had expressed a desire to sell as a result of the dispute with the founding shareholder Marcus James finally did so, resulting in a billion profit on their investment. Overall trading in the market, resulted in the prices of 7 stocks rising and 10 declining as 27 securities changed hands, ending in 141,314,531 units trading, valued at $1,232,287,766, in all market segments.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 14 stocks with bids higher than their last selling prices and only 4 stocks with offers that were lower, this suggest that for the final trading day of the year the majority of prices should rise.
Main Market| The JSE Market Index gained 535.67 points to 76,728.87, the JSE All Jamaican Composite index rose 598.90 points to close at 84,504.74 and the JSE combined index gained 459.99 points to close at 78,545.68.
Gains| Stocks recording gains with their last traded prices, at the end of trading in the main market are, Berger Paints trading with 395,929 shares and gained of 30 cents to end at $1.85, Grace Kennedy ended with 2,500 shares changing hands to close $1 higher at $63. National Commercial Bank closed with 5,792 shares trading with a gain of 5 cents, to $18.50, Pan Jamaican Investment finished with 5,500 shares changing hands, to close 3 cents higher at $59.95. Sagicor Real Estate Fund ended with 500 shares changing hands to close with a gain of 11 cents to $7.11 and Scotia Group ended trading with 85,919 shares changing hands to close 40 cents higher at $20.40.
JSE 30-12-14 Firm| The stocks in the main market to close without a change in the last traded price are, Desnoes & Geddes finishing with 47,000 shares at $5, Jamaica Broilers ended with 25,000 units trading at $4.01, Jamaica Money Market Brokers completed trading with 21,446 ordinary shares at $7.10. Kingston Wharves ended trading with 450 shares changing hands to close at $6, Supreme Ventures finished trading with 3,017,931 shares changing hands to close at $1.90.
Declines| The last traded prices of stocks with losses at the close of the main market are, Cable & Wireless that ended trading 1,643,333 shares changing hands, to close 2 cents lower at 48 cents. Caribbean Cement closed trading with 13,877 units, the price slipped 4 cents to $2.41, Hardware & Lumber finished with 4,000 units trading as the price fell 49 cents to $7.51, Jamaica Producers closed with 186,050 shares trading lower by 25 cents lower to $17.25. Proven Investments ended with 185,920 shares trading at 0.23 cents lower at 18.77 US cents, Sagicor Group closed with 15,400 shares changing hands at 50 cents lower at $10 and Scotia Investments finished with 6,050 shares trading at 40 cents lower at $23.
Preference| Jamaica Money Market Brokers 8.75% preference share had 10,000 shares changing hands to close $3, Jamaica Money Market Brokers 7.50% preference share traded 49,550 shares at $2 and Proven Investments 8% preference share traded 300 shares at $5.20.

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8 up 8 down on last 2014 Monday

December 29, 2014 by

Monday’s trading activity on the Jamaica Stock Exchange, resulted in the prices of 8 stocks rising and 8 declining as 20 securities changed hands, ending in 5,600,984 units traded, valued at $32,212,309, in all market segments.
JSE 29-12-14 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 only 2 stocks with offers that were lower.
Main Market| The JSE Market Index gained 261.32 points to 76,193.20, the JSE All Jamaican Composite index rose 292.16 points to close at 83,905.84 and the JSE combined index gained 236.48 points to close at 78,085.02.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Caribbean Cement closed with 17,375 shares changing hands, 5 cents higher to $2.45, Desnoes & Geddes ending with 233,619 shares, the price rose 30 cents to $5. National Commercial Bank had trading in 67,060 shares to close 9 cents higher at $18.45, Pan Jamaican Investment gained $3.42 in trading 15,567 shares to end at $59.92, Proven Investments concluded trading with 2,000 shares and gained 0.25 cents to 19 US cents and Sagicor Group ended with 506,271 shares changing hands to close 50 cents higher at $10.50.
Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless closed with 1,215,792 shares changing hands at 50 cents. Grace Kennedy finished with 900 shares at $62, Jamaica Broilers ended with 29,413 units and ended at $4.01, Jamaica Money Market Brokers ended trading with 15,000 ordinary shares at $7.10 and Mayberry Investments completed trading with 100,000 shares at $1.50.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Carreras that ended with 3,000 shares trading 19 cents lower at $36.81. Sagicor Real Estate Fund closed with 2,842,660 units as the price slipped 10 cents to $7, Scotia Group finished with 97,500 units trading as the price slipped 1 cent to $20 and Supreme Ventures closed with 118,003 shares trading lower by 2 cents to $1.90.

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Salada sole main market stock up Wednesday

December 24, 2014 by

SaladaTeaIn Wednesday’s activity on the Jamaica Stock Exchange, Salada Foods was the sole main market stock gaining on the eve of Christmas. The gain comes after the company reported strong increased earnings in the September quarter, from robust sales growth flowing from a change in distributorship.
At the close of trading, the prices of 4 stocks rose and 9 declined as only 18 securities changed hands, ending in 2,553,000 units trading, valued at $42,970,245, in all market segments.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator showed 9 stocks with bids higher than their last selling prices and 4 stocks with offers that were lower.
Main Market| The JSE Market Index lost 518.06 points to 75,931.88, the JSE All Jamaican Composite index fell 579.20 points to close at 83,613.68 and the JSE combined index gained declined by 471.73 points to close at 77,848.54
Gains| The only stock gaining in the main market is Salada Foods trading 58,800 shares and closing 70 cents higher at $8.70.
Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless ending with 95,000 shares trading at 50 cents, Carreras ending trading with 803,702 at $37 and Sterling Investments closed with 1,000 shares trading at $134.
jse sum 24-12-14 Declines| The last traded prices of stocks that declined at the end of trading in the main market are, Berger Paints with 1,000 units, the price slipped 5 cents to $1.55. Desnoes & Geddes finished with 19,615 shares trading lower by 10 cents to $4.70, Jamaica Producers ended with 144,043 shares trading 1 cent lower at $17.50, National Commercial Bank closed with 8,003 units, the price slipped 14 cents $18.36, Proven Investments finished with 3,571 units trading, the price declined by 0.25 US cents 19.75 US cents, Sagicor Group closed with 14,560 shares trading lower by 20 cents lower to $10, Sagicor Real Estate Fund ended with 4,000 shares trading 18 cents to $7.10 and Scotia Group closed with 447,276 shares changing hands 9 cents lower to $20.01.

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JSE at 7 months high with year-end rally

December 23, 2014 by

The JSE all Jamaica Index continues to move away from the resistance level at the yellow line as the market keeps on moving up from its 2014 low.

The JSE all Jamaica Index continues to move away from the resistance level at the yellow line as the market keeps on moving up from its 2014 low.

The Jamaica Stock Exchange enjoyed a good day of trading in continuation of the late year rally which started at the beginning of November, resulting in the prices of 11 stocks rising and just 4 declining as 23 securities changed hands, ending in 4,084,357 units trading, valued at $37,020,086, in all market segments.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had 4 stocks with bids higher than their last selling prices and 2 stocks with offers that were lower.
Main Market| The JSE Market Index gained 694.35 points to 76,449.94, the JSE All Jamaican Composite index rose 776.31 points to close at 84,192.88 and is at its highest level since April 28, this year when it closed at 84,734.87 points and the JSE combined index gained 705.54 points to close at 78,320.27.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Cable & Wireless ending with 294,400 shares changing hands to close 4 cents higher, at 50 cents. Carreras completed trading with 13,964 shares changing hands to close with a 20 cents increase to $37, Grace Kennedy ended with 10,402 units and put on 1 cent to close at $62. Jamaica Money Market Brokers ended trading with 8,531 shares changing hands to close at 55 cents $7.10, Jamaica Producers ended with 12,898 shares with the price rising 1 cent to $17.51, National Commercial Bank had 1,337,635 shares changing hands to close with a gain of 49 cents to $18.50. Sagicor Group finished trading with 12,500 units changing hands to close 20 cents higher at $10.20, Sagicor Real Estate Fund concluded trading with 10,000 shares to gain 28 cents at $7.28, for a new 52 weeks’ high, Scotia Group ended with 8,300 shares changing hands to close 10 cents higher at $20.10 and its subsidiary Scotia Investments traded 20,040 shares with the price rising 40 cents to $23.40.
JSE sum 23-12-14 Firm| The stocks in the main market to close without a change in the last traded prices are, Caribbean Cement finished with 7,310 units trading at $2.40. Proven Investments ended trading with 3,320 shares at 19 US cents, Salada Foods closed with 5,000 shares trading at $8 and Supreme Ventures finished with 30,000 shares changing hands to close at $1.92.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Desnoes & Geddes closed with 11,185 units trading as the price slipped 10 cents to $4.80, Jamaica Broilers finished with 1,501,082 shares trading and ended 4 cents lower to $4.01
Preference| There was no trading in the preference sector.

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8 stocks up 8 down on JSE Monday

December 22, 2014 by

strong>day’s activity on the Jamaica Stock Exchange, resulted in the prices of 8 stocks rising and 8 declining as 26 securities changed hands, ending in 1,862,567 units trading, valued at $8,769,262, in all market segments.
JSE 22-12-14 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator showed 5 stocks with bids higher than their last selling prices and only 2 stocks with offers that were lower.
Main Market| The JSE Market Index lost 52.27 points to 75,755.59, the JSE All Jamaican Composite index fell 58.45 points to close at 83,416.57 and the JSE combined index declined by 17.19 points to close at 77,614.73.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Desnoes & Geddes ended trading 555,750 shares with a gain of 19 cents to $4.90, Jamaica Money Market Brokers saw trading in 88,443 shares with the price rising 5 cents at $6.55. Sagicor Group traded 97,914 shares with the price rising 3 cents $10 Sagicor Real Estate Fund closed with 2,400 shares changing hands to close 15 cents higher at $7.
Firm| The stocks in the main market to close without a change in the last traded prices are, Grace Kennedy finishing with 2,340 shares at $61. Kingston Wharves ended with 829 shares trading at $6, Mayberry Investments ended with 6,732 shares changing hands to close at $1.50, Proven Investments closed trading with 69,580 shares at 19 US cents and Supreme Ventures completed trading with 4,200 shares at $1.92.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Cable & Wireless closing with 700,127 units trading as the price slipped 4 cents 46 cents. Caribbean Cement finished with 11,000 shares trading lower by 10 cents to $2.40, Carreras ended with 11,595 shares trading with a loss of 45 cents to $36.80, Jamaica Broilers ended trading with 5,114 shares changing hands to close 5 cents down at $4.05. National Commercial Bank closed trading with 48,986 units as the price slipped 24 cents to $18.01, Pan Jamaican Investment had 1,100 units trading with the price falling $3.50 to $56.50, Scotia Group traded 23,901 shares, the price closed 10 cents lower to $20 and Scotia Investments ended with 4,000 shares trading lower by 20 cents to $23.
Preference| Jamaica Money Market Brokers 7.50% preference share traded 900 shares at $2 and Proven Investments 8% preference share closed with 40,550 units at $5.10.

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JSE main market up 7% year ago

December 20, 2014 by

CW&J stock gained the most in 2014 on JSE, up by 213% so far.

CW&J stock gained the most in 2014 on JSE, up by 213% so far.

At the end of trading on the Jamaica Stock Exchange on December 19th last year, the all Jamaican index closed at 78,305.80 and has since gained 6.6 percent as of Friday December 19, this year, to 83,475.02.
In contrast to the main market junior market stocks have not fared as well and closed on December 19 last year at 768.16, this year the index is at 679.54 points down by 11.5 percent.The two indices closed out 2013 at 81,850.04 and 757.86 so far the main market stocks collectively are up just 2 percent while the juniors are down 10.3 percent. The main market gains will be higher, at the end of the year, if history is anything to go by, and the junior market losses will be pared, as the recovery in demand for stocks seen since November continues for the rest of December.
There were 7 stocks that contributed to the rise in the all Jamaica main market index, the leading ones being Cable & Wireless with 213 percent increase, Kingston Properties up 67 percent, Hardware & Lumber 31 percent, Seprod 30 percent Pan Jam 13 percent and Grace 11 percent.

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Strong price gains ahead on JSE

December 17, 2014 by

Bull280X150Activity on the Jamaica Stock Exchange was low, resulting in the prices of 5 stocks rising and 7 declining as 18 securities changed hands, ending in 3,633,602 units trading, valued at $6,595,479, in all market segments.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator was reflecting a very strong signal, showing 13 stocks with bids higher than their last selling prices and only 1 stock with the offer lower.
Main Market| The JSE Market Index lost 552.75 points to 75,560.44, the JSE All Jamaican Composite index fell 618.05 points to close at 83,198.39 and the JSE combined index declined by 406.69 points to close at 77,394.93.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Caribbean Cement ended trading with 1,650 shares 10 cents higher to $2.50, Kingston Properties reached a new 52 weeks’ high in trading 8,300 shares to close 92 cents up at $6.90, at the close there was a bid to buy 191,700 units at $6.90 and an order to purchase 914,000 units at $6. Mayberry Investments ended trading with 187,117 units 7 cent higher to $1.52.
Firm| The stocks in the main market to close without a change in the last traded prices are, Jamaica Money Market Brokers ending trading with 3,002 ordinary shares at $7. Jamaica Producers closed trading with 5,718 shares at $17.50, Kingston Wharves finished with 65,667 units at $6 and Pan Jamaican Investment ended trading with 34,067 shares changing hands at $60.
JSe 17-12-14 Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Cable & Wireless closing with 2,927,292 units trading with the price slipping 3 cents, to 47 cents. Carreras finished with 4,936 shares trading lower by $1.05 at $36.20. Grace Kennedy ended trading with 3,098 shares changing hands to close down $2.50, at $60.50, Sagicor Group closed with 9,000 shares, 9 cents lower at $10, Salada Foods had 131,000 units trading, with the price slipping 19 cents to $7.81 and Scotia Group traded 26,480 shares and the price closed lower by 49 cents to $20.01.

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Kingston Properties gains 49.5%

December 15, 2014 by

KingstonProperitesREIT_logo130X140Monday’s activity on the Jamaica Stock Exchange, resulted in the prices of 7 stocks rising and 5 declining as 19 securities changed hands with Kingston Properties closing 49.5 percent higher to a new high of $6. The stock ended with the bid at $5.85 on Friday which would have allowed it to trade as high as 30 percent higher at $7.60 under the new circuit breaker that came into effect recently. Trading ended with activity in 1,926,843 units, valued at $29,060,020, in all market segments.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had 8 stocks with bids higher than their last selling prices and only 2 stocks with offers that were lower.
Main Market| The JSE Market Index gained 611.01 points to 75,923.15, the JSE All Jamaican Composite index rose 683.19 points to close at 83,603.94 and the JSE combined index gained 545.66 points to close at 77,608.89.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Desnoes & Geddes ending with 33,866 changing hands to end 1 cent higher at $4.71, Grace Kennedy ended trading with 90,314 shares with the price rising 2 cents to $63, Jamaica Broilers had trading in 5,500 shares with the price rising 1 cent to $4.06. Kingston Properties finished trading with 106,000 units and put on $1.98 to hit a new high of $5.98, <a href="http://icinsider.com/pan-jam-profit-up-29-for-q2/” title=”Pan Jam profit up 29% for Q2″>Pan Jamaican Investment contributed just 100 shares in rising $3.90 to $60, new 52 weeks’ high and Scotia Group ended trading with 1,060,362 units, and put on 49 cents to $20.50.
Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless ending with 453,837 shares at 50 cents. Jamaica Producers finished with 8,343 shares to close at $17.50, Mayberry Investments ended with 29,000 units at $1.45 and Proven Investments ended trading 610 ordinary shares to end at 19 US cents.
JSE sum 15-12-14 Declines| The last traded prices of stocks with losses at the end of trading in the main market are, National Commercial Bank ended with 4,742 shares trading at 10 cents lower at $18.40 and Sagicor Group lost 4 cents in closing at $9.96 with 6,000 shares changing hands.
Preference| Proven Investments 8% preference share ended with 5,600 units trading to end at $5.50.

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12 stocks fall only 6 rise on JSE

December 9, 2014 by

Pan Jam reached a new 52 weeks' high on Tuesday, closing at $56.10.

Pan Jam reached a new high on Tuesday, closing at $56.10.

In Tuesday’s activity on the Jamaica Stock Exchange, the prices of 6 stocks rose and 12 declined as 26 securities changed hands, ending in 7,178,648 units trading, valued at only $10,813,280, in all market segments.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had 7 stocks with bids higher than their last selling prices and 3 stocks with offers that were lower.
Main Market| The JSE Market Index dipped 480.86 points to 75,043.48, the JSE All Jamaican Composite index fell 537.67 points to close at 82,620.35 and the JSE combined index gained declined by 477.17 points to close at 76,799.79.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Hardware & Lumber closing with 31,000 shares and rising 97 cents to $7.47. Jamaica Broilers concluded trading with 122,964 shares changing hands, with a gain of 5 cents to $4.05, Pan Jamaican closed at a new 52 weeks’ high of $56.10 while 519 shares changed hands, $1.10 higher. Sagicor Group concluded trading with 34,742 units and put on 1 cent to $9.96 and Salada Foods ended with 20,000 units, to close with a gain of 30 cents to $7.80.
JSE su9-12-14 Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless ending trading with 21,759 shares at 45 cents, Jamaica Money Market Brokers ended with 7,885 ordinary shares changing hands to close at $7, Jamaica Producers closed with 1,321 shares changing hands at $15.96. Mayberry Investments saw trading in 98,300 shares for $1.52, National Commercial Bank ended with only 580 shares changing hands to close at $18.20 and Proven Investments completed trading with 70,000 shares changing hands at 18.5 US cents.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Caribbean Cement ended with 42,116 units as the price slipped 4 cents to $2.40, Desnoes & Geddes closed with 2,560 shares trading lower by 5 cents to $4.65, Grace Kennedy finished with 1,225 shares with a loss of $2 to $60, Radio Jamaica ended with 558,009 units and closed 3 cents down to $1.15, Scotia Group ended trading with 72,402 units as the price slipped 30 cents to $20.10 and Scotia Investments completed trading with 184,817 shares trading lower by $1.40 to $21.10.
Preference| There was no trading of preference shares.

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