JSE closes with10 down 3 up

June 17, 2014 by

In Tuesday’s trading on the Jamaica Stock Exchange, the prices of only 3 stocks rose while 10 declined, as 22 securities traded, resulting in 9,334,640 shares changing hands valued at $118,822,240. The increased trading over Monday’s level is due to trades mostly executed by Scotia Investments in Pan Jamaican Investment, Sagicor Group and Scotia Group. At the end of trading the IC bid-offer Indicator was strongly positive with 3 to 1 ratio.
JSEPic 17-6-14Main Market| The JSE Market Index declined by 918.77 points to 70,261.76 and the JSE All Jamaican Composite index moved dropped by 1,027.34 points to close at 77,273.62.
Gains| Stocks recording gains at the end of trading in the main market are Caribbean Cement in trading 1,935 units to close 10 cents up at $2.10, National Commercial Bank with 46,675 units changing hands with a 50 cents gain to close at $18.50 and Supreme Ventures with 316,731 shares closing at $1.96 for a 1 cent gain.
Firm| The stocks in the main market to close without a change in price are Grace Kennedy with 15,000 units and closed at $54, Mayberry Investments with 21,928 units, closed at $1.65, Sagicor Real Estate Fund with 28,480 units, closed at $6.10 and Seprod 500 units, closed at $10.50.
Preference| Jamaica Money Market Brokers 7.50% preference share traded 28,000 units and closed at $2 and the 8.75% preference shares had 134,000 units trading to close at $3.05.
Declines| The number of stocks to decline in the main market are Cable & Wireless with 1,700,951 units while losing 1 cent to end at 27 cents, Carreras with 100,652 shares, declined by 50 cents to close at $34, Desnoes & Geddes 500 shares, declined by 30 cents to close at $4.30, Hardware & Lumber with 4,000 shares, dropped 50 cents to close at $9.50, Pan Jamaican Investment 1,000,859 shares, declined by 5 cents to close at $48, Sagicor Group exchanged 3,447,684 shares to fall by 30 cents and closed at $8.80 and Scotia Group with 1,692,397 shares to decline by 20 cents to close at $19.30.

Junior Market| The JSE Junior Market Index declined by 3.98 points to 710.78 as 6 stocks traded with none advancing and 3 declining.
Gains| None.
Firm Trades| Stocks in the junior market that traded to close at the same price as the day before are Access Financial 1,000 shares to close at $13.50, Lasco Financial 3,087 units and closed at $1.13 and Lasco Manufacturing 157,000 units while closing at $1.05.
Declines| Stocks declining in the junior market at the end of trading are Caribbean Cream with 12,500 shares, declined by 8 cents to close at 75 cents, Consolidated Bakeries 458,761 units, declined by 8 cents to close at 82 cents and Lasco Distributors with 162,000 shares, fell 3 cents to close at $1.18.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 13 stocks with the bid higher than the last selling price and 4 stocks with offers that were lower.

Filed Under: JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , ,

Carreras & NCB up $1

June 16, 2014 by

JSE sum 16-6-14 pic
Carreras and National Commercial Bank gained $1 each in moderate trading Monday on the Jamaica Stock Exchange as the prices of 4 stocks rose and 4 declined with 19 securities traded, resulting in 4,229,295 shares trading valued at $47,344,274, both the volume and value of traded were higher than on Friday but the number of securities traded were down from 25 previously.
Main Market| The JSE Market Index gained 683.89 points to 71,180.53 and the JSE All Jamaican Composite index moved 764.72 points to close at 78,300.96.
Gains| Stocks recording gains at the end of trading in the main market are Carreras had 28,057 units changing hands with a gain of $1 in closing at $34.50, Jamaica Money Market Brokers with 93,767 ordinary shares closing at 10 higher at $6.60, National Commercial Bank with 15,940 shares, gained a $1 to end at $18 and Scotia Group saw 1,599,574 units changing hands to close 20 cents higher at $19.50.

Firm| The stocks in the main market to close without a change in price are Grace Kennedy 15,000 units to close at $54, Hardware & Lumber 300 shares to close at $10, Jamaica Broilers with 34,000 units to close at $4.57, Radio Jamaica 5,370 shares to close at $1.29, Sagicor Group with 958,732 units to close at $9.10 and Seprod 61,832 shares to close at $10.50.
Preference| Jamaica Money Market Brokers 8.75% share traded 1,157,770 units to close at $3.05.
Declines| The number of stocks that declined in the main market are Caribbean Cement 141,566 units to close 5 cents lower at $2, Mayberry Investments with 2,522 units to close at 8 cents at $1.65, Pan Jamaican Investment 250 shares to close 5 cents lower at $48.05.

Junior Market| The JSE Junior Market Index declined by 0.66 points to close at 714.76 as only 5 stocks traded with none advancing and 1 declining.
Firm Trades| The stocks in the junior market stocks that traded to close at the same price as the previous trading day are Consolidated Bakeries with 10,100 shares to close 90 cents, General Accident 16,640 units to close at $1.36, Lasco Distributors with 83,465 shares to close $1.21 and Lasco Manufacturing 1,410 units to close at $1.05
Declines| The stock declining in the junior market at the end of trading is Lasco Financial with only 3,000 units to close at $1.13 with a 2 cents loss.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than the last selling price and 6 stocks with offers that were lower.

Filed Under: JSE Main Market Tagged With: , , , , , , , , , ,

Ground lost as 9 stocks rose 7 declined

June 5, 2014 by

JSE sum -5-6-14In Thursday’s trading on the Jamaica Stock Exchange the prices of 9 stocks rose and 7 declined as 26 securities traded resulting in 2,457,435 units trading valued at $11,593,613.
Main Market| 8 companies in the main market advanced and 4 declined as the indices moved down with the JSE Market Index falling by 572.35 points to 70248.85 and the JSE All Jamaican Composite index slipped by 639.99 points to 77,259.18.
Gains| Stocks recording gains at the end of trading in the main market are Berger Paints with 3,918 units changing hands as the price lost 4 cents to close at $1.70, Cable & Wireless stock price rose a cent while trading 105,580 shares to close at 29 cents, Carreras had 12,158 shares changing hands to close 5 cents higher at $35.30, Mayberry Investments 81,150 units and the price inched up a cent to close at $1.81, National Commercial Bank 30,740 units, the price was up 3 cents to close at $17.50, Pan Jamaican Investment gained a $1.60 to close at $50 while trading 27,022 units between $49 and $50, Sagicor Group exchanged 127,865 shares to close with a gain of 10 cents at $9 and Salada Foods gained 40 cents to close at $8 as 2,885 shares traded.
Firm| There were only 5 stocks in the main market to close without a change in price as Desnoes & Geddes with 107,900 shares closed at $4.25, Grace Kennedy with 16,026 shares ended at $54, Scotia Group 23,851 traded shares to close at $19.10, Scotia Investments saw trading in only 563 units to close at $23 and Supreme Ventures with 15,000 shares closed at $2.
Declines| The stocks that declined in the main market are Jamaica Broilers with 19,083 shares as the price lost 11 cents to end at $4.60, Jamaica Producers fell $1.24 to close at $17 as 122,777 units were traded, JMMB lost 30 cents to close at $6.70 while trading 1,210 shares, in spite of an 80 percent jump in ongoing earnings to March this year, Sagicor Real Estate Fund had 25,600 units changing hands with a loss of 20 cents to $6.50, Margaritaville fr0m the US dollar market traded 2,000 shares to close with a cent loss at 11 US cents.
 
Preference Shares| The Preference sector continues to exhibit life with 4 listed stocks trading as Eppley 9.5% preference share traded 50,000 units to close up by 8 cents at $6.10, Jamaica Money Market Brokers 7.50% preference share traded 17,200 units to close at $2, Jamaica Money Market Brokers 8.75% preference share traded 888,287 units to close at $3.03 and Jamaica Money Market Brokers 7.25% preference share had 2,500 units changing hands as the price fell 4 cents to $2.45.
 
Junior Market| The JSE Junior Market Index declined by 7.63 points to close at 728.57 as 5 stocks traded with 1 advancing and 2 declining.
Gains| The only stock recording gains at the end of trading in the junior market is Eppley preference share.
Firm Trades| 3 stocks in the junior market stocks that traded to close at the same price as the day before are Access Financial with 2,000 shares to close at $13.50, Caribbean Cream 200,000 shares at 75 cents and Lasco Financial with 7,000 units to close at $1.15.
Declines| The stock declining in the junior market at the end of trading was Lasco Manufacturing with 565,120 shares changing hands at 6 cents lower at $1.

IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than the last selling price and 4 stocks with offers that were lower.

 

 

Filed Under: JSE Main Market, Stock Market Tagged With: , , , , , , , , ,

Market gives back gains

June 3, 2014 by

In today’s trading on the Jamaica Stock Exchange saw the prices of 5 stocks rise and 9 decline as 30 securities traded resulting in 2,017,726 units changing hands valued at $25,146,924 as the main market gave back all of the gains it enjoyed on Monday.
JSE 3-6-14 sumMain Market| 4 companies in the main market advanced and 8 declined as the indices fell with the JSE Market Index slipping 337.72 points to 70,232.74 and the JSE All Jamaican Composite index eased 377.62 points to close at 77,241.17.
Gains| Stocks recording gains at the end of trading in the main market are Hardware & Lumber with 20,000 shares as the price rose 50 cents to close at $10.50, Kingston Wharves 2,000 units with a gain of 16 cents to close at $5.20, Mayberry Investments with 52,000 shares as the price gained 4 cents to close at $1.80 and Scotia Group with 80,402 shares to rise by 13 cents to close at $19.20.
Firm| The stocks in the main market to close without a change in price are Caribbean Cement that traded 1,000 units and closed at $2.70, Ciboney 571,386 units and closed at 10 cents, Cable & Wireless 21,678 units to close at 28 cents, National Commercial Bank 261,698 units to close at $17.50, Scotia Investments 6,439 units as the price closed at $23, Seprod 22,459 shares at $10.50 and Supreme Ventures 5,000 shares at $2.
Declines| The number of stocks that declined in the main market are Carreras with 45,367 shares while losing $1.15 to close at $34.10, Desnoes & Geddes with 7,200 units, losing 5 cents to end at $4.25,
Gleaner 100,100 shares as the price lost 2 cents to close at $1.10, Grace Kennedy 268,646 units with a fall of 50 cents to $53.50, Jamaica Broilers 94,000 shares, the price was down by a cent to close at $4.70, Pan Jamaican Investment 15,385 shares, closing 2 cents lower to end at $48.40, Sagicor Group 24,833 shares as the price dipped 55 cents to close at $8.75 and Sagicor Real Estate Fund 22,591 units while losing 10 cents to end at $6.60.
Preference shares| 5 preference shares traded with prices unchanged at the close of the market with Jamaica Money Market Brokers 7.50% preference share trading 75,000 units to close at $2, followed by Jamaica Money Market Brokers 8.75% preference share with 42,700 units to end at $3.03, Jamaica Public Service 6% preference share with just 500 units at 40 cents, Jamaica Public Service 7% preference share 700 units at 39 cents and Proven Investments 8% preference share with 2,000 units and closed at $5.09.
Junior Market| The JSE Junior Market Index gained 1.15 points to close at 734.46 as only 6 stocks traded with 1 advancing and 1 declining.
Gains| Only one stock recorded gains at the end of trading in the junior market as Consolidated Bakeries with 191,823 units trading gained 10 cents to close at 90 cents
Firm Trades| The stocks in the junior market stocks that traded to close at the same price as the day before are Access Financial trading 403 units to close at $13.50, Dolphin Cove 3,400 shares to close at $8.50, Jamaican Teas 50,000 units to end at $3.21 and Lasco Manufacturing with 26,016 shares to close at $1.10.
Declines| One stock declined in the junior market at the end of trading as Lasco Distributors traded 3,000 units to close with a loss of 3 cent at $1.32.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 8 stocks with the bid higher than the last selling price and 5 stocks with offers that were lower.

Filed Under: JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , ,

Market enjoys small recovery

May 28, 2014 by

In today’s trading on the Jamaica Stock Exchange the prices of 6 stocks rose and 8 declined compared with to 5 advancing to 14 falling on the previous trading day. Overall 26 securities traded resulting in 6,005,633 shares trading valued at $34,810,227.
JSE 28-5-14sumMain Market| 4 companies in the main market increased and 6 declined as the indices moved up marginally with the JSE Market Index inching up by 118.63 points to 70,395.65 and the JSE All Jamaican Composite index advanced by 132.65 points to close at 77,423.32.
Gains| Stocks recording gains at the end of trading in the main market are Grace Kennedy with 73,961 shares to close with a gain of 50 cents at $54, Kingston Wharves with 500 units changing hands and closed at $5.04 with a 4 cents gain, Sagicor Group with 12,380 shares in closing at $9 for a gain of 25 cents and Scotia Group 229,226 units to close at $19.30, up by 30 cents.
Firm| There were only 8 stocks in the main market to close without a change in price are Desnoes & Geddes 106,929 shares closing at $4.30, Gleaner with 1,000 units in closing at $1.10, Jamaica Money Market Brokers 8.75% preference share with 1,294,783 units in closing at $3.03, Kingston Properties 264,965 shares with the price closing at $3.50, Mayberry Investments 62,000 shares while closing at $1.71, Pan Jamaican Investment with 63,526 shares closing at $48.20, Sagicor Real Estate Fund 31,700 units to close at $6.50 and Supreme Ventures 51,000 shares as the price finished at $2.01.
Declines| The number of stocks that declined in the main market are Berger Paints with 117,000 units and closed at $1.66 for a one cent gain, Cable & Wireless 1,185,108 shares to close down 3 cents at 27 cents, Caribbean Cement 4,607 shares as the price dipped 49 cents in closing at $2.51, Jamaica Money Market Brokers with 2,112,342 units to close down 10 cents at $7, National Commercial Bank with 47,985 units to end with a 50 cents decline at $17.50 and Seprod with 72,214 units changing hands at 30 cents lower at $10.50.
Junior Market| The JSE Junior Market Index gained by 11.66 points to close at720.30 as 8 stocks traded with 2 advancing and 2 declining.
Gains| Stocks recording gains at the end of trading in the junior market are Dolphin Cove with 2,000 at $8.50 with a gain of 40 cents at the end and Lasco Manufacturing that traded 42,000 units to close at $1.05, up by 5 cents.
Firm Trades| 4 stocks in the junior market stocks that traded to close at the same price as the day before with Access Financial trading 5,000 units at $12, Caribbean Producers with 24,955 units at $2.65
General Accident Insurance 122,372 units at $1.50 and Medical Disposables 3,800 units at $2.
Declines| Stocks declining in the junior market at the end of trading are Lasco Distributors with 71,280 shares to close with a 5 cents fall to $1.35 and Lasco Financial with only 3,000 shares as the price closed at $1.13 and was off by 2 cents.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than the last selling price and 5 stocks with offers that were lower.

Filed Under: JSE Main Market, Stock Market Tagged With: , , , , , , , , , ,

More pension realignment sales

May 27, 2014 by

Prices slipped further In Tuesday’s trading on the Jamaica Stock Exchange as Scotia Investments as broker sold most of the major stocks that fell in price as the prices of only 5 stocks rose and 14 declined as 26 securities traded resulting in 16,284,114 shares trading valued at $156,443,054 and with two stocks hitting 52 weeks lows.
JSE 27-5-14Main Market| 10 companies in the main market declined as the indices moved down sharply for yet another day as the pension fund realignment sales continued into Tuesday and the JSE Market Index fell by 1,078.83 points to 70,277.02 and the JSE All Jamaican Composite index dropped 1,206.33 points to close at 77,290.67, the lowest since the index closed at 77,377.08 on 18th of December last year. IC Insider gathers that the sales relating to the realignments exercise ended with the close of trading.
Gains| Stocks recording gains at the end of trading in the main market are Jamaica Broilers trading 9,499 shares to close with a gain of 5 cents at $4.75, National Commercial Bank gained $1 to close at $18 while 565,930 units changing hands as the vast majority of the shares traded at $17, Pan Jamaican Investment traded 338,806 shares to end 15 cents higher at $48.20 and Supreme Ventures had just 1,000 shares changing hands to close up by a cent at $2.01.
Firm| There were only 4 stocks in the main market to close without a change in price with Berger Paints trading only 300 units to close at $1.67, Jamaica Money Market Brokers trading 13,453 stock units to close at $7.10, Kingston Wharves 5,018 shares to close at $5 and Radio Jamaica with a mere 126 units to close at$1.29.
Declines| The number of stocks that declined in the main market are Cable & Wireless with 300,846 shares closing at 30 cents after the company reported a loss for the 12 months to March of $3.5 billion from $18.4 billion in revenues, the loss includes a staff separation cost of $1.5 billion. Carreras traded 148,816 shares as the price closed by shedding $1.76 to end at $33.50, Desnoes & Geddes 676 shares closing 20 cents lower at $4.30, Grace Kennedy closed with a $1.50 loss while trading 20,915 shares in closing at $53.50, a new 52 weeks low, Kingston Properties traded 32,835 units and closed at $3.50 as the price slipped 50 cents, to end at a 52 weeks slow, Sagicor Group saw 13,546,391 units going through the market with the price closing down 25 cents at $8.75, Sagicor Real Estate Fund lost 10 cents in trading 77,940 units and closed at $6.50 followed by Scotia Group with 97,720 shares to close off 30 cents at $19, Scotia Investments 25,000 units resulted in a close at $23 for a 10 cents fall and Seprod had a mere 211 units changing hands and closed at $10.80 for a decline of 20 cents.
Junior Market| The JSE Junior Market Index declined by 22.33 points to close at 708.64 as 8 stocks traded with one advancing and 4 declining.
Gains| Caribbean Cream was the sole junior market stock to record a gain at the end of trading with 1,400 units changing hands to close up by 4 cents at 74 cents.
Firm Trades| 3 stocks in the junior market that traded to close at the same price as the day before with Dolphin Cove trading 3,000 units to end at $8.10, Medical Disposables traded 800,000 units to close at $2 and Lasco Distributors 50,610 units to close at $1.40.
Declines| Stocks declining in the junior market at the end of trading are Blue Power with 11,122 shares in closing at $9.01 for a 9 cents fall, Caribbean Producers 25,000 units to close 10 cents lower at $2.65, Jamaican Teas 100,000 shares to close with a cent shaved off the price at $3.49 and Lasco Manufacturing 107,500 stock units to end 12 cents lower at $1.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than the last selling price and 5 stocks with offers that were lower.

Filed Under: JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , ,

Barita Trades 15m shares

May 21, 2014 by

Trading on the Jamaica Stock Exchange picked up on Wednesday as 29 securities traded and the level of trading increasing helped by 15 million units of Barita going through the market as Barita Investments brokered the one trade as a cross, on behalf of a client. The prices of 8 stocks rose and 9 declined resulting from 19,575,074 shares changing hands valued at $57,957,342.
JSE 21-5-14sumMain Market| Only 3 companies in the main market advanced and 7 declined as the indices moved up with the JSE Market Index gaining 155.03 points to 72,852.32 and the JSE All Jamaican Composite index increasing 173.35 points to close at 80,170.31.
Gains| Stocks recording gains at the end of trading in the main market are Cable & Wireless in trading 38,081 shares to close with a one cent gain at 35 cents. Investors should a get a glimpse as to the performance of the local Cable & Wireless performance as CWC PLC is scheduled to release full year results on the 22nd of May at 9.30 AM British time. Carreras gained $1.05 to close at $35.80 with 10,018 units changing hands and Sagicor Group traded 974,350 in only two trades to close up 20 cents at $9.50.
Firm| There were 9 stocks in the main market to close without a change in price as Berger Paints with just 1,519 shares closed at $1.67, Gleaner traded 16,000 stock units and closed at $1.10, Jamaica Broilers 1,864 units and closed $4.70, Jamaica Money Market Brokers 7.50% preference shar, 28,000 units to close at $2 with the 8.75% preference share having 2,069,833 units changing hands at $3.03, Jamaica Producers 70,827 shares to close at $18.26, Mayberry Investments 6,018 shares and closed at $1.77 followed by Radio Jamaica with 7,800 units as the price closed at $1.29 and Sagicor Real Estate Fund with 342,142 shares to close at $6.60.
Declines| 7 stocks with plus one in the US dollar market declined on Wednesday in the main market with Barita Investments trading 15,000,000 shares while losing a cents to end at $2.29, Caribbean Cement with 297,600 units to close at $3 after falling by 30 cents as investors react negatively to the company’s recent disappointing March quarter results showing profit of only $35 million or just 4 cents per share, while sales volumes were up over the 2013 quarter. Jamaica Money Market Brokers traded 25,206 ordinary shares and closed down by 5 cents to $7.21, Margaritaville ordinary shares traded 1,700 units to end at US$0.115 for a .05 cents drop, National Commercial Bank price lost 20 cents in trading 27,722 units to close at $17.80, while Pan Jamaican Investment exchanged 7,680 shares to close at $48.05 while falling 5 cents, Salada Foods traded 2,400 units as the company is reporting a bad period of declining sales revenues and falling profits of $28 million for the half year to March versus $55 million in 2013, with the price dropping 10 cents to $7.80 and Scotia Group ended up with 28,057 units changing hands to close with a 12 cents loss at $19.58.
Junior Market| The JSE Junior Market Index advanced by 7.38 points to close at 736.50 as 9 stocks traded with 5 advancing and only one declining.
Gains| Stocks recording gains at the end of trading in the junior market are Access Financial with 9,000 units to close at $12, up 50 cents, Caribbean Producers with 244,816 units to close with a 2 cents gain at $2.75, Jamaican Teas 80,000 shares to close 5 cents higher at $3.50 followed by Lasco Financial with50,000 units to close at $1.25 for a gain of 10 cents and Lasco Manufacturing 147,016 shares to close a cent higher at $1.15.
Firm Trades| 3 stocks in the junior market stocks that traded to close at the same price as the day before Blue Power with 910 shares traded and closed at $9.10, Dolphin Cove 3,270 shares to close at $8.10 and Lasco Distributors 58,245 units as the price ended at $1.40.
Declines| There was just one stock declining in the junior market at the end of trading with Consolidated Bakeries trading 25,000 shares to close down 2 cents at 90 cents.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than the last selling price and 3 stocks with offers that were lower.

Filed Under: JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , ,

Declining stocks dominate trade

May 20, 2014 by

The Jamaica Stock Exchange continues to lose ground with more stocks falling than rising as the prices of only 5 stocks rose and 12 declined with 25 securities traded resulting in 2,034,342 shares trading valued at $8,897,265 but the junior market index rose although the two main market indices fell.
JSE 20-5-14Main Market| Only 2 companies in the main market advanced at the end of trading and one from the US dollar market and 6 declined as the indices moved down with the JSE Market Index erasing 432.21 points to close at 72,697.29 and the JSE All Jamaican Composite index lost 483.28 points to close at 79,996.96.
Gains| Stocks recording gains at the end of trading in the main market are Cable & Wireless in trading 51,164 shares to close with a gain of 2 cents at 34 cents, Margaritaville gained 2 US cents to close at 12 US cents with 340 units changing hands for the first time since listing to close at a new high and Sagicor Group swapped 177,506 units 5 cents higher to end at $9.30.
Firm| There were 6 stocks in the main market to close without a change in price with Grace Kennedy trading 1,000 units and closed at $55, Jamaica Broilers 156,467 shares closing at $4.70, National Commercial Bank 25,550 shares to close at $18, Radio Jamaica 30,895 shares closing at $1.29, Sagicor Real Estate Fund 4,940 units in closing at $6.60, Scotia Group 109,624 shares to close at $19.70.
Declines| The number of stocks that declined in the main market are Caribbean Cement with 30,316 shares while losing 20 cents to end at $3.30, Carreras 11,000 shares to close at $34.75 with a $1.20 decline, Gleaner 74,821 stock units to close with a cent down at $1.10, Pan Jamaican Investment as it traded 15,486 shares to close at $48.10 with the price falling by 40 cents, Salada Foods down by 10 cents while trading 2,830 units at $7.90, Scotia Investments 10,635 shares to close at $23.50, a decline of $2 and Supreme Ventures 316,847 stock units to close with a loss of 10 cents to $2 for a new 52 weeks low.
Junior Market| The JSE Junior Market Index rose 3.56 points to close at 729.12 as only 9 stocks traded with 2 advancing and 2 declining.
Gains| Stocks recording gains at the end of trading in the junior market are Jamaican Teas with 49,530 units to close at $3.45 as the price rose by 24 cents and Lasco Financial Services traded 31,500 shares to close 5 cents higher at $1.15.
Firm Trades| The 2 stocks in the junior market stocks that traded to close at the same price as the day before are Caribbean Producers with 50,000 shares closing at $2.73 and Lasco Distributors with 222,054 units to close at $1.40.
Declines| Five stocks declined in the junior market at the end of trading are AMG Packaging in trading 5,000 units to close at $3.30, down 19 cents, for a 52 weeks low, Caribbean Flavours with 53,065 units to close with a 20 fall to $2.50, followed by Consolidated Bakeries 157,299 as the price declined by 18 cents in light of the reduced profits reported for the March quarter to end at 92 cents. The company saw profits fall 48 percent to $7.4 million in the March quarter from reduced gross profit margin in spite of a 14 percent rise in sales revenues to $197 million. General Accident 200,198 shares to close at $1.48 with a one cent fall and Lasco Manufacturing that is expected to report final results for the year to March by the end of May traded 246,275 units to close with a one cent loss at $1.14.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than the last selling price and 5 stocks with offers that were lower.

Filed Under: JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , ,

6 up 6 down on JSE

May 19, 2014 by

In Monday’s trading on the Jamaica Stock Exchange the prices of 6 stocks rose and 6 declined with only 22 securities traded, resulting in 3,971,989 shares changing hands valued at $29,955,354.
Main Market| The prices of 5 companies in the main market rose and 5 declined as the indices moved down with the JSE Market Index falling by 252.47 points to 73,129.50 and the JSE All Jamaican Composite index erasing 282.31 points to close at 80,480.24.
JSE 19-5-14Gains| Stocks recording gains at the end of trading in the main market are, Barita Investments with 30,000 shares to close 30 cents higher at $2.30, Cable & Wireless with 745,680 units changing hands as the price gained a cent to close at 32 cents, Carreras closed up by $1.20 to end at $35.95 with 51,728 shares changing hands, Gleaner’s price put on a cent while trading 4,665 units to close at $1.11 and Scotia Group traded 933,985 units as the price gained 14 cents to end at $19.70.
Firm| There were 7 stocks in the main market that closed without a change in price as Grace Kennedy with 37,200 shares closed at $55, Jamaica Broilers exchanged 5,920 units to close at $4.70, Jamaica Money Market Brokers 8.75% preference share traded 231,500 units to close at $3.03, Mayberry Investments put through 23,356 shares to close at $1.75, National Commercial Bank had 74,558 shares trading to close at $18, Sagicor Group with 88,440 shares in closing at $9.25 and Seprod with 35,000 shares as the price ended at $10.75.
Declines| The number of stocks declining in the main market are Caribbean Cement with 330,768 shares while losing 5 cents to end at $3.50. Jamaica Money Market Brokers traded 29,800 ordinary shares as the price eased 4 cents to $7.26, Kingston Wharves traded 11,823 shares to close 50 cents off, at $5, followed by Pan Jamaican Investment with 17,272 units to close at $48.50 with a 10 cents decline and Pulse Investments with 400,000 shares at a new 52 weeks low of 30 cents as the price dropped 50 percent or 30 cents.
Junior Market| The JSE Junior Market Index declined by 2.69 points to close at 725.56 as only 5 stocks traded with one advancing and one declining.
Gains| Lasco Distributors was the sole stock to gain in the junior market on Monday with 100,200 units to close at $1.40 up by 5 cents.
Firm Trades| The stocks in the junior market that traded to close at the same price as the previous trading day are Caribbean Producers with 158,094 units at $2.73, Lasco Financial Services 500,000 shares to close at $1.11 and Lasco Manufacturing with 62,000 shares to end at $1.15.
Declines| Only one stock declined in the junior market at the end of trading with Jamaican Teas exchanging 100,000 units to close at $3.21 having lost 29 cents.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had only 2 stocks with the bid higher than the last selling price and 7 stocks with offers that were lower.

Filed Under: JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , ,

Main market closes week up slightly

May 16, 2014 by

In Friday’s trading on the Stock Exchange, the prices of 4 stocks rose and 8 declined as 24 securities traded resulting in 6,969,870 shares changing hands, valued at $58,489,956. Main Market| Only 4 companies in the main market advanced in price and 3 declined as the indices closed up with the JSE Market Index rising by 319 points to 73,381.97 and the JSE All Jamaican Composite index gaining 356.70 points to close at 80,762.55.
JSE sum 16-5-14Gains| Stocks recording gains at the end of trading in the main market are Cable & Wireless with 17,115 units changing hands to close at 31 cents with a one cent gain, Caribbean Cement with 16,500 stock units to close at $3.55, up by 4 cents, Kingston Wharves 8,396 shares to close at$5.50 for a 50 cents gain and Scotia Investments with 2,200 shares to close up by $1 at $25.50.
Firm| The stocks in the main market to close without a change in price are Berger Paints with 50,444 shares to close at $1.67, Carreras with 3,650 stock units to close at $34.75, Grace Kennedy 2,000 stock units to close at $55, Hardware & Lumber 4,000 shares to close at $10.20, Jamaica Money Market Brokers 8.75% preference share, 145,400 units to end at $3.03, Mayberry Investments 2,761 units to close at $1.80, Pan Jamaican Investment 1,000 shares to close at $48.60, Proven Investments 900 ordinary shares to close at 18 US cents and Proven Investments 8% preference share with 5,000 units to end at $5.09.
Declines| The number of stocks that declined in the main market are Barita Investments with 52,500 shares while closing at $2 with a 30 cents fall, Jamaica Broilers 3,000,000 units and closed at $4.70 with a one cent loss and Jamaica Money Market Brokers with 231,503 ordinary shares to close at $7.30 down by 11 cents.
Junior Market| The JSE Junior Market Index declined by 5.06 points to close at 728.25 with only 6 stocks traded, none advanced and 3 declined.
Firm Trades| Stocks in the junior market that traded to close at the same price as the day before are Access Financial with 4,900 shares to end at $11.50, Dolphin Cove with 5,529 units and closed at $8.10, Paramount Trading 32,722 units to close at $2.68.
Declines| Stocks declining in the junior market at the end of trading are Caribbean Producers that traded 220,900 units to close at $2.73 down 2 cents, General Accident with 19,798 shares to close at $1.49 with a loss of a cent and Lasco Manufacturing with 16,800 stock units to close at $1.15 with a 1 cent fall.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than the last selling price and 5 stocks with offers that were lower.

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