2 consecutive down days on JSE

Tuesday’s Activity on the Jamaica Stock Exchange, resulted in the prices of 5 stocks rising and 7 declining, with 22 securities changing hands. A total of 4,797,725 units traded, valued at $27,746,916 in both the main and junior market.
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 fell 425.48 points to 71,432.21 and the JSE All Jamaican Composite index lost 475.76 points to close at 78,582.39.
JSE sum 23-9-14 Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Grace Kennedy with 22,436 shares, with 40 cents rise to $58, Jamaica Producers with 1,000,000 shares changing hands, closed 12 cents higher at $15.20 and Radio Jamaica had 13,754 shares changing hands with a gain of 2 cents to $1.04.
Firm| The stocks in the main market to close without a change in the last traded price are, Cable & Wireless contributing 186,952 shares to close at 30 cents, Caribbean Cement with 4,061 units closed at $2.55, Desnoes & Geddes closed at $4.70 with 553,461 shares trading, National Commercial Bank ended at $18 as 53,945 units changed hands and Sagicor Group accounted for 70,007 shares, to close at $9.25.
Declines| The last traded prices of stocks with losses stocks at the end of trading in the main market are, Carreras with 5,864 shares, lost 10 cents to end at $34.30, Jamaica Broilers traded just 2,330 units with a 5 cents loss and closed at $4.40, Jamaica Money Market Brokers with 56,346 ordinary shares changing hands, lost 5 cents to end at $6.95, Pan Jamaican Investment with 3,500 shares trading, ended at $49 after giving up a cent, Sagicor Real Estate Fund exchanged 29,350 units, with a loss of 34 cents to $6.80 and Scotia Group 141,730 shares helped to lop 31 cents off the price to end at $19.09.
Preference| Jamaica Money Market Brokers 7.50% preference share, traded 340,600 units at $2 and Proven Investments 8% preference share traded 15,800 units at $5.05.

Advances and declines even 7:7 on JSE

Activity on the Jamaica Stock Exchange on Monday, resulted in the prices of 7 stocks rising and 7 declining as 20 securities changed hands, resulting in 1,789,786 units trading, valued at $11,932,664.
JSE sum 22-9-14 Main Market| The JSE Market Index declined 529.66 points, to 71,857.69 and the JSE All Jamaican Composite index fell 592.25 points to close at 79,058.15.
Gains| Stocks closing with gains at their last traded price, in the main market are, Carreras with 26,708 ordinary shares trading, 5 cents higher to $34.40, Pan Jamaican Investment had 1,000 shares changing hands, one cent higher at $49.01, Proven Investments with 10,570 units, increased 0.99 US cent to 17.99 US cents, Sagicor Group put through 346,200 units with a gain of 5 cents to $9.25 and Scotia Group, had 91,798 shares changing hands, 15 cents higher at $19.40.
Firm| The stocks in the main market to close without a change in the last traded price are, Cable & Wireless with 3,000 units, closing at 30 cents, Jamaica Money Market Brokers with 60,068 ordinary shares, closed at $7 and National Commercial Bank with 55,031 shares ended at $18.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Grace Kennedy with 19,260 shares, losing 40 cents to end at $57.60, Jamaica Broilers with 10,000 shares fell 25 cents to $4.45, Mayberry Investments with 707 shares lost 5 cents to end at $1.45 and Radio Jamaica with 42,096 shares, declined 2 cents to $1.02.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 33,113 units with a cent increase, at $3.02, Jamaica Money Market Brokers 7.50% preference share traded 487,000 units at $2 and Proven Investments 8% preference share traded 371,893 units at $5.
Junior Market| The JSE Junior Market Index fell 0.50 points to close at 661.73, only 5 stocks traded, with 1 advancing and 3 declining.
Gains| Lasco Distributors was the only stock recording a gain at the end of trading in the junior market, with 49,500 units at a 1 cent gain to $1.13.
Firm Trades| C2W Music traded 15,000 units at 40 cents, to be the only stock in the junior market that traded to close without a price change.
Declines| Stocks declining in the junior market at the end of trading, are Caribbean Cream with 48,093 shares to lose 3 cents at 61 cents, General Accident with 40,000 shares, lost 4 cents to end at $1.46 and Lasco Manufacturing with 78,749 shares closed with a gain of a cent at 96 cents.
IC bid-offer Indicator| At the end of trading 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.

Advances equal declines on JSE

In Wednesday’s trading on the Jamaica Stock Exchange, the prices of 7 stocks rose and 7 declined, as 26 securities changed hands, resulting in 4,526,977 shares trading, valued at $49,182,081.
JSE sum 10-9-14 Main Market| The JSE Market Index fell by 295.12 points to 71,617.62 and the JSE All Jamaican Composite index dipped 330 points, to close at 78,789.70.
Gains| The volume and last traded prices of stocks with gains, at the end of trading in the main market, are, Desnoes & Geddes with 1,500,500 shares to close with a gain of 11 cents, at $4.70, Carreras with 17,515 gained 10 cents, to close at $34.60, Scotia Investments with 283 shares gained 10 cents to $21.50, Sagicor Real Estate Fund, 120 units closed with a 9 cents increase at $7, Scotia Group had 101,748 units changing hands at 6 cents higher, to close at $19.06 and Jamaica Producers produced a gain of 2 cents, in closing at $15.60 while trading 2,393 shares.
Firm| The stocks in the main market to close without a price change, with volume and last traded prices are, Barita Investments with only 100 units, closed at $2.20, Caribbean Cement with 1,500 shares, closed at $2.70, Ciboney with 6,000 shares ended at 7 cents, Jamaica Money Market Brokers 136,940 ordinary shares, closed at $6.95, Pan Jamaican Investment 9,250 units end at $49 and Sagicor Group had only 3,400 shares trading to end at $9.30.
Declines| The volume and last traded prices of stocks with losses at the end of trading in the main market are, Grace Kennedy dropping $2.50 in trading 12,400 shares to end at $58, National Commercial Bank had 1,607,153 shares passing through the market, for 20 cents less at $18, Proven Investments ordinary traded 12,780 shares, to lose 0.25 US cents and end at 17 US cents and Seprod lost 48 cents to end at $10.52 while trading 600,000 shares.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 100,000 units at $3.
Junior Market| The JSE Junior Market Index gained 3.64 points to close at 660.51 as 9 stocks traded, with 1 advancing and 3 declining.
Gains| The only stock gaining at the end of trading in the junior market, is General Accident with 224,031 units, with an increase of 4 cents, to close at $1.40.
Firm Trades| Stocks in the junior market that traded to close at the same price as the day before are, Dolphin Cove having only 760 shares traded at $8.50, Honey Bun 1,200 at $2.34, Jamaican Teas had 2,915 units changing hands at $3.30, in the case of Lasco Manufacturing it was 9,039 shares at $1.04 and Paramount Trading 10,350 shares changing hands at $2.52.
Declines| Stocks declining in the junior market at the end of trading are, Blue Power losing 5 cents to end at $9 with 150,000 shares, Lasco Distributors with 6,000 shares, closed with a loss of a cent, to end at $1.12 and Lasco Financial with 10,600 shares, closing 3 cents lower at 97 cents.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 7 stocks with bids higher than their last selling prices and 4 stocks with offers that were lower.

KLE Group 15.8m shares dominated JSE

KLE_banner In Tuesday’s trading on the Jamaica Stock Exchange, struggling junior market listed, KLE Group traded 15,846,209 units for a value of $15,85 million, as a few shareholders offloaded their holdings. The stock accounted for 76 percent of the volume traded during the day. The prices of 8 stocks rose and 3 declined as 25 securities changed hands, resulting in 20,967,566 shares trading, valued at $52,029,951.
Main Market| The JSE Market Index gained 286.33 points to 71,912.74 and the JSE All Jamaican Composite index rose 320.17 points to 79,119.70.
Gains| The volume and last traded prices of stocks with gains, at the end of trading in the main market are, Desnoes & Geddes with 500 shares to close with a gain of 9 cents at $4.59, Jamaica Broilers with 500 trading to close 1 cent higher at $4.53, National Commercial Bank 22,590 shares, closing 20 cents higher at $18.20 and Proven Investments ordinary share, traded 9,100 units for a gain of 0.10 US cent to end at 17.25 US cents.
Firm| The stocks in the main market to close without a change in price, with volume and last traded prices are, Caribbean Cement 2,500 units to close at $2.70, Ciboney with 4,000 shares at 7 cents, Grace Kennedy with 350 shares, ended at $60.50, Jamaica Money Market Brokers 12,500 units traded at $6.95, Pan Jamaican Investment had 36,815 units exchanged at $49, Sagicor Group 29,379 shares at $9.30 and Scotia Group with 15,512 shares at $19.
JSE 9-9-14
Declines| The volume and last traded prices of stocks with losses, at the at the end of trading in the main market are, Carreras with 257,986 shares, lost 30 cents at $34.50 and Jamaica Producers with 1,272,314 shares lost 3 cents at $15.58.
Preference| Jamaica Money Market Brokers 8.75% preference share 241,000 closed at $3 and Proven Investments 8% preference share saw 71,400 units being exchanged at $5.
Junior Market| The JSE Junior Market Index gained 3.01 points to close at 656.87 as 10 stocks traded, with 3 advancing and 1 declining.
Gains| Stocks recording gains at the end of trading in the junior market, are Cargo Handlers with 720 shares, to close with a gain of 20 cents at $14.10, Dolphin Cove had only 240 units changing hands, to close 50 cents up at $8.50 and Lasco Distributors traded 79,000 shares, with a 2 cent rise to $1.13.
Firm Trades| Stocks in the junior market that traded to close at the same price as the day before are, Blue Power with 6,000 shares at $9.05, Jamaican Teas 4,000 units at $3.30, KLE 15,846,209 units at $1, Knutsford Express 3,188 shares at $5, Lasco Financial with 50,000 units, ended at $1 and Lasco Manufacturing had 3,000,961 shares trading at $1.04.
Declines| Just one stock declined in the junior market at the end of trading, as AMG Packaging lost 3 cents, in trading 802 units at $2.40.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with bids higher than their last selling prices and 4 stocks with offers that were lower.

Declines & advances even as JSE continues sideways

In Friday’s trading on the Jamaica Stock Exchange, the prices of 7 stocks rose and 7 declined as 24 securities changed hands, resulting in 3,072,116 units trading, valued at $22,272,471.
JSE sum -5-9-14 Main Market| The JSE Market Index fell by 550.24 points to 71,751.52 and the JSE All Jamaican Composite index dived 615.26 points, to close at 78,939.43.
Gains| The volume and last traded prices of stocks with gains, at the end of trading in the main market are, Caribbean Cement with 7,975 shares to close with a gain of 20 cents at $2.70, Pan Jamaican Investment had 2,552 units changing hands to gain 42 cents at $49, Proven Investments ordinary share, traded 322,428 units to gain 0.15 US cents to end at 17 US cents and Radio Jamaica had just 483 units changing ownership and gained a cent to $1.05.
Firm| The stocks in the main market to close without a change in price with volume and last traded prices are, Berger Paints with 34,975 units, closed at $1.60, Cable & Wireless had just 33,384 shares trading, in closing at 29 cents, Grace Kennedy put through 684 units to close at $60.50, Jamaica Broilers 172,852 shares traded at $4.50, Jamaica Money Market Brokers ordinary, traded 217,974 shares to close at $6.95, National Commercial Bank with 50,450 shares closed at $18, Scotia Group enjoyed the exchange of 136,580 shares at $18.95 and Seprod 1,037 shares went through at $11.
Declines| The volume and last traded prices of stocks with losses at the at the end of trading in the main market are, Desnoes & Geddes with 115,228 shares, while losing 15 cents to end at $4.50, Kingston Wharves 3,500 shares was traded at 48 cents lower, to end at $5.02, Mayberry Investments with 4,080 units passing through the market, lost 23 cents to end at $1.67, Sagicor Group with 602,981 shares, lost 10 cents to end at $9.30 and Scotia Investments with 4,100 units changing hands, closed $2.60 down at $21.40.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 80,500 units at $3 and the 7.50% preference share, traded 1,000,000 units at $2.
Junior Market| The JSE Junior Market Index, declined by 12.30 points to close at 653.94 as only 4 stocks traded, with 3 advancing and 1 declining.
Gains| Stocks recording gains at the end of trading in the junior market, are Blue Power with 5,000 shares, gaining 5 cents to $9.10, Lasco Financial with 81,000 units traded, to close 8 cents higher at $1 and Lasco Manufacturing with 15,348 shares, close with a gain of 11 cents at $1.04.
Firm Trades| There were no active stocks in the junior market that that closed at the same price as the day before.
Declines| Lasco Distributors with 146,506 shares was the sole security declining in the junior market, at the end of trading, the price slipped a cent to end at $1.11.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 7 stocks with bids higher than their last selling prices and 6 stocks with offers that were lower. An indication that the market is moving sideways for now.

Scotia Group drives indices up sharply

scotiabankBuilding150x150 The major indices of the Jamaica Stock Exchange jumped sharply In Tuesday’s trading, but this may not last as a jump in Scotia Group share price to $20.49 was the main reason for the big move, as Scotia Investments purchase the vast majority of the stock. For the overall market prices of 10 stocks rose, 5 declined as 26 securities changed hands, resulting in 13,528,222 shares trading, valued at $26,762,169.
Main Market| The JSE Market Index leapt by 1,732.90 points to 73,093.62 and the JSE All Jamaican Composite index jumped 1,937.69 points to close at 80,440.13,
Gains| The volume and last traded prices of stocks with gains, at the end of trading in the main market, are Caribbean Cement with 24,297 units changing hands, gained 12 cents to $2.22, Grace Kennedy with 1,090 shares added $2 to price to end at $61, Jamaica Broilers had 600 units trading, as the price gained 13 cents to $4.70, National Commercial Bank with 5,125 shares put on 38 cents to close at $18, Radio Jamaica 2,554 units closed with 4 cents increase at $1.04, Sagicor Group had activity in 131,695 shares and gained 10 cents at $9.50, Sagicor Real Estate Fund 7,500 units traded with 5 cents gain at $6.90 and Scotia Group traded 957,902 shares to gain $1.68 to end at $20.47.
JSE 2-9-14 Firm| The stocks in the main market to close without a change in price with volume and last traded prices, are Cable & Wireless with 11,967,181 shares at 30 cents, with broker, Pan Caribbean doing the bulk of the sales, while JMMB bought all from Pan Caribbean, Carreras with only 200 shares closed at $34.80, Jamaica Money Market Brokers traded 120,937 ordinary shares at $7 and Kingston Wharves with 10,000 units, ended at $5.02.
Declines| The volume and last traded prices of stocks with losses at the at the end of trading in the main market, are Berger Paints with 5,000 shares, declined by 2 cents, to close at $1.60, Hardware & Lumber with 5,000 shares lost $1.40 to $7.60 and Proven Investments with 4,813 ordinary shares, closed at 0.25 US cents lower at 17US cents.
Preference| Junior market listed Eppley 9.5% preference share, traded 54,433 units at $6.10, Jamaica Money Market Brokers 8.50% preference share had 2,729 units changing hands at $3.50 and Jamaica Money Market Brokers 8.75% preference share traded 17,200 units at $3.
Junior Market| The JSE Junior Market Index declined by 7.13 points to close at 649.85 as 9 stocks traded with 2 advancing and 2 declining.
Gains| Stocks recording gains at the end of trading in the junior market are, AMG Packaging with 4,741 shares to close with a gain of 3 cents, at $2.43 and Lasco Manufacturing with 19,600 units, to close 9 cents higher at $1.04.
Firm Trades| Stocks in the junior market that traded to close at the same price as the day before are, Blue Power with 2,500 shares at $9.06, Dolphin Cove with 2,000 shares at $7.75, Jamaican Teas 160,000 shares at $3.30 and Knutsford Express, with 4,303 units at $5.16.
Declines| Stocks declining in the junior market at the end of trading, are Access Financial with 2,322 shares, down 2 cents, to close at $10.18 and Lasco Financial with 14,500 units, lost 8 cents to 92 cents.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator, had 6 stocks with bids higher than their last selling prices and 7 stocks with offers, that were lower.

9 stocks rose & only 3 fell on JSE

In Thursday’s trading on the Jamaica Stock Exchange, the prices of 9 stocks rose and 3 declined as 20 securities changed hands, resulting in 2,085,438 shares trading, valued at $15,090,664.
JSE 28-8-14 Main Market| The JSE Market Index dropped by 81.34 points to 71,742.41 and the JSE All Jamaican Composite index fell 90.95 points to close at 78,929.24.
Gains| The volume and last traded prices of stocks with gains, at the end of trading in the main market are, Cable & Wireless with 513,155 shares to close with a gain of a cent at 32 cents, Carreras gained 15 cents to close at $34.90 with 1,648 units changing hands, followed by Pan Jamaican Investment with 100,836 shares at $48.58, after gaining 7 cents, Sagicor Group 51,878 shares resulted in 1 cent gain to $9.24, Scotia Group with 18,970 shares gained 5 cents to end at $18.82 and Seprod traded only 1,400 units to put on 25 cents at $10.75.
Firm| The stocks in the main market to close without a change in price with volume and last traded prices, are Berger Paints with 3,420 shares closing at $1.60, Jamaica Broilers with 4,825 traded closed at $4.70, Jamaica Money Market Brokers with 31,655 units at $6.95 and Kingston Wharves 4,000 shares closed at $5.02.
Declines| The volume and last traded prices of stocks with losses, at the at the end of trading in the main market are, Caribbean Cement with 72,438 shares in losing 42 cents, to end at $2.18, National Commercial Bank with 342,852 shares closing 51 cents down at $17.99 and Supreme Ventures losing 6 cents in trading 62,000 units, to finish at $1.80.
Preference| Jamaica Money Market Brokers (JMMB) 8.75% preference share traded 686,000 units at $3 and the JMMB 7.50% preference share, traded just 1,000 units at $2.
Junior Market| The JSE Junior Market Index gained 2.65 points to close at 647.09 as only 5 securities traded with 3 advancing and none declining.
Gains| Stocks recording gains at the end of trading in the junior market, are C2W Music gained 2 cents with 5,759 shares to land at 40 cents, General Accident with 902 shares closed 5 cents up at $1.40 and Lasco Manufacturing with 100,000 shares was 2 cents ahead at 97 cents.
Firm Trades| Stocks in the junior market that traded to close at the same price as the day before are, Caribbean Producers that had 21,500 shares trading at $2.36 and Lasco Financial with 61,200 shares ended at $1.
Declines| No stock declined in the junior market at the end of trading.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with bids higher than their last selling prices and 4 stocks with offers that were lower.

Market eases back on Wednesday at JSE

In Wednesday’s trading on the Jamaica Stock Exchange, the prices of 6 stocks rose and 10 declined as 23 securities changed hands, resulting in 3,423,013 units trading, valued at $28,248,377.
JSE 27-8-14 Main Market| The JSE Market Index declined 640.32 points to 71,823.75 and the JSE All Jamaican Composite index fell 715.99 points to close at 79,020.19.
Gains| The volume and last traded prices of stocks with gains, at the end of trading in the main market are, National Commercial Bank with 82,727 units, gained 50 cents to close at $18.50, Radio Jamaica gained 7 cents to close at $1.22 while 10,500 units traded, Sagicor Group had 751,235 shares while gaining 3 cents, to close at $9.23 and Scotia Investments with 1,000 shares gained 40 cents to end at $21.40.
Firm| The stocks in the main market to close without a change in price, with volume and last traded prices are, Berger Paints with 18,336 shares at $1.60, Jamaica Money Market Brokers with 68,000 units changing hands to end at $6.95, Proven Investments US dollar ordinary share, traded 9,269 units at 17 US cents and Pulse Investments with 100,000 shares closed at 35 cents.
Declines| The volume and last traded prices of stocks with losses at the at the end of trading in the main market are, Cable & Wireless with 121,903 units for 3 cents lower at 31 cents, Caribbean Cement with 6,300 shares, lost 20 cents to end at $2.60, Carreras traded 301,057 units with a loss of 15 cents to end at $34.75, Desnoes & Geddes 20,000 units traded at the close at $4.79, with a gain of a cent, Grace Kennedy with 3,329 units lost $1 in falling to $59, Jamaica Producers had 2,343 units going through the market but shed $1.35 to $15.65, Kingston Wharves 33,750 shares was done with a 25 cents loss at $5.02, Scotia Group with 129,116 shares closed 73 cents lower at $18.77 and Seprod 7,140 shares were traded for 25 cents less at $10.50.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 2,832 units at $3 and Proven Investments 8% preference share had just 1,200 units trading, at $5.
Junior Market| The JSE Junior Market Index gained 0.59 points to close at 644.44 as only 4 securities traded with 2 advancing and 1 declining.
Gains| Stocks recording gains at the end of trading in the junior market, are Jamaican Teas with 1,630,657 shares to gain 5 cents and closed at $3.30 and Lasco Distributors with 102,319 shares, gained 1 cent to $1.12.
Firm Trades| Caribbean Producers with 15,000 units traded at $2.36 and was the only stock in the junior market, that traded and closed at the same price as the day before.
Declines| C2W Music with 5,000 shares, lost 5 cents to close at 38 cents, was the sole stock declining in the junior market at the end of trading
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with bids higher than their last selling prices and 6 stocks with offers that were lower.

Advancing stocks beat declining ones

The level of trading on the Jamaica Stock Exchange on Monday was very low with 18 securities changing hands, resulting in 854,483 stock units trading, valued at $7,165,353.98. At the close of the market, the prices of 6 stocks rose and 4 declined.
JSE sum 25-8-14 Main Market| The JSE Market Index rose 380.28 points to 72,045.69 and the JSE All Jamaican Composite index gained 425.23 points to close at 79,268.37.
Gains| The volume and last traded prices of stocks with gains, at the end of trading in the main market, are Carreras with 42,500 units and closed with a gain of 60 cents at $34.90, Jamaica Broilers with 114,665 shares, closed 1 cent higher at $4.61, Scotia Group with 70,691 shares gained $1.24 to end at $20 and Seprod with 13,700 shares rose 25 cents to $10.75.
Firm| The stocks to close without a change in price in the main market, along with volume and last traded prices are, Cable & Wireless with 144,678 shares to close at 36 cents, Grace Kennedy with 16,595 units at $60, Sagicor Group with 72,697 shares, closed at $9 and Sagicor Real Estate Fund had only 1,113 units trading at $6.85.
Declines| The volume and last traded prices of stocks with losses at the at the end of trading in the main market, are Caribbean Cement with 68,825 shares while losing 35 cents to close at $2.55 cents, Jamaica Money Market Brokers with 118,430 shares lost 4 cents to end at $6.96 and National Commercial Bank 32,943 shares closed with a 5 cents fall, at $18.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 17,858 units at $3.
Junior Market| The JSE Junior Market Index declined by 1.51 points to close at 645.86 as 6 stocks traded with 2 advancing and 1 declining.
Gains| Stocks recording gains at the end of trading in the junior market, are Caribbean Flavours with 7,000 units changing hands and gained 4 cents to end at $2.69 and Caribbean Producers 96,978 shares closed with a 1 cent increase at $2.36.
Firm Trades| Stocks in the junior market that traded to close at the same price as the day before are Derrimon Trading with 5,000 units going through the market at $2.15, Lasco Distributors with 3,360 shares closed at $1.12 and Lasco Manufacturing with 3,600 shares at 95 cents.
Declines| Caribbean Cream traded 23,850 shares and lost 8 cents to end at 75 cents was the only stock declining in the junior market at the end of trading,
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with bids higher than their last selling prices and 7 stocks with offers that were lower.

Prices of 12 stocks rose on JSE & 3 fell

Trading picked up somewhat on Friday on the Jamaica Stock Exchange, as the number of securities changing hands climbed to 31 with the prices of 12 stocks rising and 3 declining. There was a total of 8,433,459 stock units trading, valued at $ 52,156,868.
JSEsum22-8-14Main Market| The JSE Market Index gained 528.73 points to 71,665.41 and the JSE All Jamaican Composite index moved up 591.21 points to close at 78,843.14 as the largest block of stocks gaining came from the main market.
Gains| The volume and last traded prices of stocks with gains, at the end of trading in the main market, are, Cable & Wireless with 84,600 shares, helping the price to gain 2 cents at 36 cents, but there was an offer to sell at 35 cents at the close of the market. Caribbean Cement with 11,635 units, gained 35 cents to $2.90, Desnoes & Geddes 3,312 shares helped to push the price up 40 cents, to $4.50, Jamaica Broilers in trading 1,411,047 shares was up 3 cents, at $4.60, Jamaica Money Market Brokers with 431,000 ordinary shares, gained 5 cents to end at $7, Jamaica Producers with 142,996 units changing hands, closed $1.39 higher at $16.99, Kingston Wharves had 178,451 units, trading 25 cents higher at $5.27, Mayberry Investments 9,690 shares went through the market with an 11 cents gain to $1.68, National Commercial Bank 145,579 units traded 5 cents higher at $18.05 and Pan Jamaican Investment with 1,539 shares, closed a cent higher at $48.51.
Firm| The stocks with volume and last traded prices in the main market to close without a change in price, are Berger Paints with 16,471 shares closing at $1.60, Grace Kennedy with 34,378 units and closed at $60, after trading as high as $61, Sagicor Real Estate Fund with 240,880 shares ended at $6.85, Sagicor Group traded 668,226 units at $9, Scotia Group with 77,239 units changing hands, closed at $18.76 and Scotia Investments with 42,405 shares closed at $21.28.
Declines| The volume and last traded prices of stocks with losses at the at the end of trading in the main market, are Carreras with 462,740 shares, to close with a loss of 70 cents at $34.30, Radio Jamaica a new Buy Rated stock, traded 2,058,222 shares while losing 10 cents to $1.10, a new 52 weeks low and Supreme Ventures 4,100 shares traded with a 14 cents loss to $1.86.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 1,100,000 units at $3 and the company’s 7.50% preference share saw 300,000 units being traded at $2 and Proven Investments 8% preference share with 215,758 units at $5.
Junior Market| The JSE Junior Market Index rose 4.39 points to close at 647.37 as 9 stocks traded with 3 advancing and 2 declining.
Gains| Stocks recording gains at the end of trading in the junior market, are Dolphin Cove with 6,000 units and was up 15 cents to $7.75, General Accident with 559,921 shares gained 5 cents to $1.45 and Lasco Distributors with a mere 950 units, closed up a cent at $1.12.
Firm Trades| Stocks in the junior market that traded to close at the same price as the prior trading day are, Access Financial with 3,254 units at $10.18, Blue Power with 2,466 shares at $9.06, Consolidated Bakeries 200,000 shares at 80 cents, Derrimon Trading with 15,000 units at $2.15, Honey Bun 600 shares closed at $2.34 and Lasco Manufacturing with 5,000 units at 95 cents.
Declines| There were no stocks declining in the junior market at the end of trading,
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 7 stocks with bids higher than their last selling prices and 5 stocks with offers that were lower.