Investor bids $1,300 for Palace shares – Thursday

March 15, 2018 by

Palace Multiplex in Montego Bay.

IC Insider TOP 10 stock – Palace Amusement, jumped $540 to $1,100 in trading on the Jamaica Stock Exchange on Wednesday, did not trade on Thursday but closed with the bid at $1,300 and an offer at $1,500.
The sharp increased price, comes as investors responded to the strong patronage of the Black Panther movie, that is expected to raise revenues and profit sharply for Palace.
Main market activity ended with 29 securities changing hands, with 3 securities rising, 14 falling, 12 trading firm. Trading closed with 14,969,349 units valued at $264,028,466 being exchanged.
At the close of trading, the JSE All Jamaican Composite Index dropped 4,700.74 points to 319,507.99 and the JSE Index dived 4,282.91 points to 291,107.90.
In main market activity, Barita Investments closed at $9, with 3,600 shares, Berger Paints ended at $17, with 100 stock units, Carreras finished with a loss of 12 cents at $10.78, with 362,023 shares, Caribbean Cement settled 1 cent higher at $32.61, with 58,148 shares, Ciboney Group ended trading at 14 cents, with 145,700 shares. Grace Kennedy traded at $52, with 12,451 stock units, Jamaica Broilers finished trading with a loss of 48 cents at $19.51, with 342,660 units, Jamaica Producers closed with a loss of 49 cents at $15.01, with 326,924 shares, Jamaica Stock Exchange ended at $6.50, with 112,036 shares. JMMB Group concluded trading with a loss of 44 cents at $26.06, with 623,884 shares, Kingston Properties finished with a loss of 65 cents at $6, with 7,500 stock units, Kingston Wharves settled at $39.50, with 5,950 units, Mayberry Investments ended trading 2 cents higher at $5.17, with 2,000 shares. NCB Financial Group traded with a loss of 99 cents at $98.50, after 893,212 shares changed hands, 1834 Investments finished trading with a loss of 12 cents at a 52 weeks’ low of $1.03, with 3,000 shares, 138 Student Living ended with a loss of 29 cents at $5.51, with 150 shares, PanJam Investment finished $42 higher at $42, with 58,886 stock units, Pulse Investments concluded trading at $1.85, with 33,735 shares, Radio Jamaica finished with a loss of 2 cents at $1.06, with 3,570 shares. Sagicor Group settled with a loss of 90 cents at $35.60, with 225,268 shares, Sagicor Real Estate Fund settled with a loss of 10 cents at $15, with 16,636 shares, Salada Foods ended trading at $12.05, with 8,474 stock units, Scotia Group traded with a loss of $2 at $54, with 124,930 units, Seprod finished trading at $30.25, with 48,955 shares. Supreme Ventures ended with a loss of 50 cents at $11.50, with 1,767,895 shares, Victoria Mutual Investments concluded trading with a loss of 7 cents at $4.50, with 732,219 stock units and Wisynco Group finished at $10.50, with 9,043,043 units. In the main market preference segment, Jamaica Money Market 7.25% ended trading at $2.55, with 400 shares, JMMB Group 7.5% closed at $1.02, with 6,000 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “4,700 points drop for JSE – Thursday.”

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Black Panther helps push Palace to $1,100 – Wednesday

March 14, 2018 by

Palace jumps $540 to close at $1,100 on Wednesday.

The price of Palace Amusement jumped 96 percent by $540 close at a record high of $1,100 at the close of trading on the Jamaica Stock Exchange on Wednesday as investors responded to increased business being done from the Black Panther movie, that should raise profits sharply.
By rising to the current level the stock has become the most expensive local ordinary equity ever to trade on the local exchange, bettering Eppley that hit a high of $735 and Lascelles over $500 when they were acquired. Elsewhere Grace jumped $6.40 to $52 as the next big price movement. Main market activity ended with 25 securities changing hands, with 15 securities rising, 3 falling, 9 trading firm. Trading closed with 9,164,384 units valued at over $$151,125,249.
At the close of trading, the JSE All Jamaican Composite Index jumped 1,227.13 points to 324,208.73 and the JSE Index climbed 1,118.05 points to 295,390.81.
In main market activity, Barita Investments closed at $9, with 24,625 shares, Berger Paints ended at $17, with 223,002 stock units, Carreras finished at $10.90, with 1,243,617 shares, Caribbean Cement settled with a loss of 1 cent at $32.60, with 8,686 shares, Ciboney Group ended trading 3 cents higher at 14 cents, with 100 shares. Grace Kennedy traded $6.40 higher at $52, with 2,533 stock units, Jamaica Broilers finished trading 49 cents higher at $19.99, with 53,475 units, Jamaica Producers closed 50 cents higher at $15.50, with 3,598,442 shares, Jamaica Stock Exchange ended 20 cents higher at $6.50, with 799 shares. JMMB Group concluded trading at $26.50, with 495,853 shares, Kingston Wharves settled at $39.50, with 14,160 units, NCB Financial Group traded $1.29 higher at $99.49, with 128,655 shares, 1834 Investments finished trading with a loss of 3 cents at $1.15, with 250 shares. 138 Student Living concluded trading 30 cents higher at $5.80, with 100 shares, units changing hands, Palace Amusement jumped $540 to end at a all-time record high of $1,100, with 200 stock units changing hands, PanJam Investment ended 11 cents higher at $41.21, with 111,830 units, Pulse Investments finished at $1.85, with 15,756 shares, Radio Jamaica settled 2 cents higher at $1.08, with 12,300 shares. Sagicor Group ended trading 40 cents higher at $36.50, with 159,923 stock units, Sagicor Real Estate Fund ended trading at $15.10, with 150,000 shares, Scotia Group finished trading 50 cents higher at $56, with 158,557 shares, Seprod closed 24 cents higher at $30.25, with 300 shares, Supreme Ventures concluded trading 1 cent higher at $12, with 348,266 stock units. Victoria Mutual Investments finished 7 cents higher at $4.57, with 285,741 units and Wisynco Group settled with a loss of 25 cents at $10.50, with 2,127,214 shares.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE climbs as Palace jumps $540 – Wednesday.”

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Scotia & NCB share price drop hits JSE – Tuesday

March 13, 2018 by

The main market of the Jamaica Stock Exchange closed down on Tuesday after ending at a record closing high on Monday after Scotia Group and NCB Financial prices fell and helped to pull back the index.
Main market activity ended with 24 securities changing hands, with just 7 securities rising, 10 falling, 7 trading firm and closed with 9,664,260 units valued at over $708,128,861.
At the close of trading, the JSE All Jamaican Composite Index dived 1,583.39 points to 322,981.60 and the JSE Index dropped 1,442.64 points to 294,272.76.
In main market activity, Barita Investments closed at $9, with 8,729 shares, Carreras finished with a loss of 5 cents at $10.90, with 109,260 shares, Caribbean Cement settled with a loss of $2.39 at $32.61, with 9,561 shares, Grace Kennedy traded 10 cents higher at $45.60, with 2,303 stock units, Jamaica Broilers finished trading 50 cents higher at $19.50, with 6,339 units. Jamaica Stock Exchange ended with a loss of 20 cents at $6.30, with 3,200 shares, JMMB Group concluded trading at $26.50, with 258,232 shares, Kingston Wharves settled at $39.50, with 2,082 units, Mayberry Investments ended trading 15 cents higher at $5.15, with 11,043 shares. NCB Financial Group traded with a loss of $1.30 at $98.20, with 6,813,889 shares, 1834 Investments finished trading 3 cents higher at $1.18, with 31,000 shares, PanJam Investment ended 10 cents higher at $41.10, with 3,122 units, Pulse Investments finished 5 cents higher at $1.85, with 2,655 shares. Radio Jamaica settled at $1.06, with 14,401 shares, Sagicor Group ended trading with a loss of 10 cents at $36.10, with 126,997 stock units, Sagicor Real Estate Fund ended trading with a loss of 40 cents at $15.10, with 70,864 shares, Salada Foods traded at $12.05, with 25,000 units, Scotia Group finished trading with a loss of $1.50 at $55.50, with 33,156 shares. Seprod closed at $30.01, with 745 shares, Supreme Ventures concluded trading with a loss of 51 cents at $11.99, with 482,227 stock units, Victoria Mutual Investments finished with a loss of 5 cents at $4.50, with 1,464,709 units and Wisynco Group settled 5 cents higher at $10.75, with 77,913 shares. In the main market preference segment, Jamaica Money Market 7.25% ended trading at $2.55, with 11,031 shares, Jamaica Money Market 7.5% traded with a loss of 5 cents at $1.90, with 95,802 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE pulls back from record – Tuesday.”

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Big advantage to falling JSE stocks – Friday

March 9, 2018 by

Scotia Group climbed $2 to end at $54 on Friday.

The main market of the Jamaica Stock Exchange recorded gains in the major indices but declining prices out weighted rising ones on Friday, as the indices flirted with record highs, failing to hold onto the strong morning gains to close with much smaller gains.
Main market activity ended with 27 securities changing hands, with just 6 securities rising, 12 falling, 9 trading firm on Thursday. Trading closed with 6,404,825 units valued at $87,957,828.
At the close of trading, the JSE All Jamaican Composite Index jumped 2,729.22 points to 321,733.98and the JSE Index shot up by 2,486.63 points to 293,136.03.
In main market activity, Barita Investments closed 10 cents higher at $8.10, with 3,301 shares, Berger Paints ended with a loss of 50 cents at $17, with 702 stock units, Carreras finished with a loss of 5 cents at $10.90, with 798,192 shares, Caribbean Cement settled at $35, with 12,087 shares, Ciboney Group ended trading at $0.11, with 1,362,000 shares. Grace Kennedy traded at $44.80, with 12,580 stock units, Jamaica Broilers finished trading at $19, with 52,115 units, Jamaica Producers closed at $15, with 1,101,566 shares, Jamaica Stock Exchange ended at $6.50, with 15,405 shares. JMMB Group concluded trading with a loss of 45 cents at $26, with 10,967 shares, Kingston Wharves settled $1.38 higher at $40, with 15,882 units, Mayberry Investments ended trading with a loss of 35 cents at $5, with 4,470 shares, NCB Financial Group traded with a loss of 50 cents at $99, with 18,860 shares. 1834 Investments lost 2 cents to close at a 52 weeks’ low of $1.10, with 289,200 shares, 138 Student Living concluded trading 10 cents higher at $5.50, with 1,500 shares, PanJam Investment ended with a loss of 95 cents at $41, with 9,835 units, Pulse Investments finished at $1.80, with 198,900 shares, Radio Jamaica settled with a loss of 3 cents at $1.05, with 15,118 shares. Sagicor Group ended trading with a loss of 40 cents at $36.10, with 726,317 stock units, Sagicor Real Estate Fund ended trading with a loss of 1.99 cents at $15, with 170,860 shares, Salada Foods traded at $12.05, with 7,500 units, Scotia Group finished trading $2 higher at $54, with 348,524 shares, Seprod concluded trading with a loss of $1.99 at $30.01, with 900 stock units. Supreme Ventures closed 5 cents higher at $11.90, with 236,420 stock units, Victoria Mutual Investments gained 2 cents to end at $4.60, with 570,504 units, Wisynco Group settled with a loss of 17 cents at $10.55, with 253,420 shares and in the main market preference segment, JMMB Group 7.5% closed at $1.02, with 167,700 shares, changing hands.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “Scotia pushes JSE to intraday record high – Friday.”

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Scotia pushes JSE to intraday record – Friday

March 9, 2018 by

The Main Market of the Jamaica Stock Exchange traded in record territory on Friday with The market is trading at a record intraday high, for the all Jamaica Index of 325,588.39 having risen 6,583.63 points at 10.27 in the morning session while the main market index jumped 5,998.43 points to 296,647.83.
A rise in the price of Scotia Group up to $58 in the mid-morning session from a close of $52 on Thursday was the major factor in the big surge in the indices. The gain in the price followed the release of first quarter results showing increased profit flowing mainly from gains from sale of CrediScotia operations and major savings from reduced loan loss provisioning but with no growth in the critical loan portfolio. At the end of trading Scotia Group closed at $54.
At the close of trading, the JSE All Jamaican Composite Index jumped 2,729.22 points to 321,733.98 and the JSE Index shot up by 2,486.63 points to 293,136.03. Trading on Thursday closed with 28 securities changing hands, leading to 11 advancing, 10 declining and 6 trading firm, in the main and US dollar markets.

Scotia Group traded as high as $58 on Friday

Trading resulted in only five securities with the large price changes at the close. Kingston Wharves added $1.38 to move back to $40, PanJam Investment fell 95 cents to $41, Sagicor Real Estate Fund fell $1.99 to $15, Scotia Group rose $1.99 and Seprod dipped $1.99 to $30.01.
Main market activity ended with 6,404,825 units valued at $87,957,828 changing hands, versus 4,885,315 units valued at $99,343,789 on Thursday.
Ciboney Group closed with 1,362,000 units and 21.27 percent of shares traded, followed by Jamaica Producers with 1,101,566 units amounting to 17.20 45 percent of the day’s trades and Carreras with 798,192 units and 12.46 percent of volume traded on Friday. Trading results in an average of 237,216 shares valued at 3,257,697 for each security traded, compared to 195,413 shares valued at 3,973,752 on Thursday. For the month to date an average of 796,886 units with an average value at $10,718,888 traded, compared to 878,567 units with an average value at $11,993,901 traded on the previous trading day. In contrast, February closed with average of 213,336 units valued at $3,392,475 for each security traded.
Trading in the US dollar market ended with Proven Investments concluded trading with a loss of 0.50 cents at 21 US cents with 260,631 units valued US$54,745 changing hands as the market index closed at 165.39 with a fall of 2.33 points.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with bids higher than their last selling prices and 8 with a lower offer.

For more details of market activities see – Big advantage to falling JSE stocks – Friday.

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Grace pulls back $10.20 to $44.80 – Thursday

March 8, 2018 by

Grace Kennedy gave back most to Wednesday’s gains.

Grace Kennedy jumped $10.99 on Wednesday but dropped back $10.20 to close at $44.80, with just 49,690 units changing hands with an average trading price of $44.78, at the close, the lowest offer was at $52 to sell 100,000 units.
Main market activity ended with 25 securities changing hands, with 11 securities rising, 10 falling, 4 trading firm on Thursday. Trading closed with 4,885,315 units valued at $99,343,789.
At the close of trading, the JSE All Jamaican Composite Index lost 2,096.36 points to 319,004.76 and the JSE Index declined by 1,910.02 points to 290,649.40.
In main market activity, Berger Paints ended with a loss of 45 cents at $17.50, with 7,524 stock units traded, Carreras finished at $10.95, with 73,489 shares, Caribbean Cement settled $1.50 higher at $35, with 621,412 shares, Ciboney Group ended trading with a loss of 1 cent at 11 cents, with 215,154 shares, Grace Kennedy traded with a loss of $10.20 at $44.80, with 49,690 stock units. Jamaica Broilers finished trading 2 cents higher at $19, with 58,116 units, Jamaica Producers closed $1.99 down to $15, with 5,529 shares trading, Jamaica Stock Exchange ended with a loss of 21 cents at $6.50, with 14,000 shares, JMMB Group concluded trading with a loss of 4 cents at $26.45, with 194,170 shares. Kingston Wharves settled with a loss of $1.38 at $38.62, with 15,936 units, Mayberry Investments ended trading at $5.35, with 3,250 shares, NCB Financial Group traded 50 cents higher at $99.50, with 134,798 shares, 1834 Investments finished trading with a loss of 3 cents to close at a 52 weeks’ low of $1.12, with 17,000 shares. 138 Student Living ended with a loss of 10 cents at $5.40, with 5,000 shares changing hands, Palace Amusement closed at $560, with 150 stock units and ended with the bid at $635 to buy 150 units. PanJam Investment gained 44 cents to end at $41.95, with 12,400 units, Radio Jamaica rose 1 cent to $1.08, with 16,900 shares, Sagicor Group ended trading with a loss of 63 cents at $36.50, with 610,999 stock units, Sagicor Real Estate Fund ended trading 24 cents higher at $16.99, with 500,436 shares, Salada Foods traded $1.55 higher at $12.05, with 250 units, Scotia Group added 75 cents and closed at $52, with 92,613 shares, Seprod closed at $32, with 165 shares, Supreme Ventures concluded trading 15 cents higher at $11.85, with 46,246 stock units. Victoria Mutual Investments finished 8 cents higher at $4.58, with 754,989 units and Wisynco Group settled 12 cents higher at $10.72, with 1,435,099 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE main market pulls back – Thursday.”

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JSE adds 4,453 points in 3 days – Tuesday

March 6, 2018 by

Berger Paints fell $2.07 to $17 with the largest block of shares on Tuesday.


Market activity on Tuesday fell well below that on Monday but the market indices climbed higher with gains of 4,453 points in three days. The JSE All Jamaican Composite Index climbed 1,526.21 points to 321,783.85 and the JSE Index added 1,390.55 points to 293,181.47.
The main market ended with 27 securities changing hands, ending with 10 securities rising, 8 falling, 9 trading firm. Trading ended with 10,582,771 units valued at $143,248,381 changing hands, versus 4,116,289 units valued at $49,819,783 on Monday.
In main market activity, Barita Investments closed at $7.50, with 8,336 shares, Berger Paints ended with a loss of $2.07 at $17, with 2,492,575 stock units following release of audited nine months results showing a reduction of earnings at 81 cents compared to $1.17 for the same time in 2016 but with the 2017 figures being hit by a large amount incurred to provide the directors recommendation to shareholders following the takeover offer for the shares. Carreras finished with a loss of 5 cents at $10.95, with 142,495 shares, Caribbean Cement settled 45 cents higher at $33.50, with 232,837 shares, Ciboney Group ended trading at 10 cents, with 586,437 shares. Grace Kennedy traded 1 cent higher at $44.01, with 562,502 stock units, Jamaica Broilers finished trading with a loss of 39 cents at $18.49, with 35,051 units, Jamaica Producers closed at $15, with 9,380 shares, Jamaica Stock Exchange ended with a loss of 20 cents at $6.50, with 6,442 shares. JMMB Group concluded trading $1.49 higher at $26.49, with 42,810 shares, Kingston Wharves settled 25 cents higher at $40, with 17,853 units, Mayberry Investments ended trading 37 cents higher at $5.78, with 4,220 shares, NCB Financial Group traded with a loss of 23 cents at $98.97, with 102,165 shares. Infrequently traded Palace Amusement, closed at $560, with 225 stock units as investors expect a big payoff from the sold out houses the company is enjoying currently with the showing of Black Panther that is raking in several million dollars per day for them. PanJam Investment ended 1 cent higher at $41.51, with 5,061 units, Pulse Investments finished with a loss of 3 cents at $1.75, with 6,605 shares, Radio Jamaica settled 6 cents higher at $1.14, with 16,600 shares. Sagicor Group ended trading at $37.50, with 424,976 stock units, Scotia Group finished trading 10 cents higher at $51, with 51,177 shares, Supreme Ventures concluded trading 45 cents higher at $11.95, with 1,430 stock units, Victoria Mutual Investments finished with a loss of 35 cents at $4.50, with 1,963,833 units. Wisynco Group settled at $10.50, with 2,449,787 shares and Sagicor Real Estate Fund ended trading at $17, with 47,796 shares, but the stock traded at a record high of $17.50 early in the trading session. In the main market preference segment, Jamaica Money Market ended trading 11 cents higher at 52 weeks’ High of $2.60, with 500 shares, Jamaica Money Market traded at $1.95, with 1,375 stock units, JMMB Group closed at $0.99, with 18,453 shares, Sagicor Bank A 7.75% ended trading with a loss of 4 cents at an all-time low of $1.01, with 1,351,850 shares, changing hands.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE main market highest since October”

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VM Investments dominates JSE’s trading

March 5, 2018 by

VM Investments closes at a new high on Monday.

Victoria Mutual Investments dominated trading on the Main Market activity on the Jamaica Stock Exchange on Monday, accounted for 60.4 percent of total shares traded and closed at a record high of $4.85.
Market activity on Monday fell well below that on Friday but the market indices climbed much higher even as advancing stocks just edged out declining ones. The main market ended with 26 securities changing hands, ending with 10 securities rising, 8 falling, 8 trading firm. The JSE All Jamaican Composite Index surged 2,130.17 points to 320,257.64 and the JSE Index adding 1,940.83 points to 291,790.92.
Trading ended with 4,116,289 units valued at $49,819,783 changing hands, versus 115,025,659 units valued at $1,171,809,500 on Friday.
In main market activity, Barita Investments closed at $7.50, with 10,345 shares traded, Berger Paints ended 7 cents higher at $19.07, with 63,799 stock units, Carreras finished at $11, with 18,161 shares, Caribbean Cement settled with a loss of 4 cents at $33.05, with 9,961 shares, Ciboney Group ended trading 3 cents higher at 10 cents, with 35,000 shares. Grace Kennedy traded with a loss of $2 at $44, with 4,300 stock units, Jamaica Broilers finished trading with a loss of 12 cents at $18.88, with 11,324 units, Jamaica Producers closed at $15, with 39,031 shares, Jamaica Stock Exchange ended 15 cents higher at $6.70, with 2,250 units changing hands. JMMB Group concluded trading with a loss of $1 at $25, with 288,866 shares, Kingston Properties finished at $6.65, with 680 stock units, Kingston Wharves settled with a loss of $2.25 at $39.75, with 298,752 units, Mayberry Investments ended trading 41 cents higher at $5.41, with 1,450 shares. NCB Financial Group traded with a loss of 30 cents at $99.20, with 66,155 shares, PanJam Investment ended at $41.50, with 14,567 units, Pulse Investments finished with a loss of 7 cents at $1.78, with 2,500 shares, Sagicor Group ended trading 40 cents higher at $37.50, with 32,719 stock units. Scotia Group finished trading 88 cents higher at $50.90, with 1,240 shares, Sterling Investments ended $1 higher to $14, with 4,300 shares, Supreme Ventures concluded trading with a loss of 45 cents at $11.50, with 159,366 stock units, Victoria Mutual Investments finished 40 cents higher at a new high of $4.85, with 2,484,967 units. Wisynco Group settled 25 cents higher at $10.50, with 525,358 shares and Sagicor Real Estate Fund ended trading at $17, with 37,978 shares. In the main market preference segment, Jamaica Money Market 7.5% traded at $1.95, with 1,220 stock units, JMMB Group 7.5% closed at 99 cents, with 1,000 shares, Proven Investments settled 10 cents higher at $6, with 1,000 units, changing hands.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE main market sharply higher – Monday.”

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Wisynco trades 112M shares on JSE – Friday

March 2, 2018 by

NCB Capital Markets, Stanley Thompson (left) exchanges laughs with Wisynco, Chairman William Mahfood, Wisynco CEO Andrew Mahfood & PWC’s Fiona Hyman

Wisynco Group dominated trading on the main market activity on the Jamaica Stock Exchange on Friday as the recently listed stock accounted for 111.76 million units changing hands.
The big trade by in Wisynco Group, pushed trading in the overall market to 115,025,659 units valued at $1,171,809,500 versus 22,773,292 units valued at $377,866,606 on Thursday.
With the second and third largest shareholders accounting for 37.7 million units each, the seller of the bulk of the shares traded came from Wisynco Group Caribbean Ltd with just over 2.88 billion units. The trade reduced the majority holdings to just over 74 percent of the total shares issued.
Activity on the main market of the Jamaica Stock Exchange ended with 26 securities changing hands, ending with 11 securities rising, 7 falling, 8 trading firm. The JSE All Jamaican Composite Index rose 796.36 points to 318,127.47 and the JSE Index advanced by 725.57 points to 289,850.09.
In the main market activity, Barita Investments closed at $7.50, with 6,200 shares changing hands, Berger Paints ended with a loss of $2.35 at $19, with 6,550 stock units, Cable & Wireless concluded trading 9 cents higher at $1.10, with 110,691 units exchanged, Carreras finished 5 cents higher at $11, with 82,757 shares, Caribbean Cement settled at 8 cents more at $33.09, with 4,074 shares. Ciboney Group ended trading with a loss of 3 cents at a 52 weeks’ low of 7 cents, with 1,851,345 shares trading, Grace Kennedy climbed $2 to end at $46, with 4,168 stock units, Jamaica Broilers finished trading at $19, with 38,638 units, Jamaica Producers closed with a loss of 2 cents at $15, with 338,051 shares. Jamaica Stock Exchange ended at $6.55, with 1,500 shares, JMMB Group concluded trading in jumping $1.99 to $26, with 35,818 shares, Kingston Properties finished at $6.65, with 2,059 stock units trading, Mayberry Investments ended trading with a loss of 45 cents at $5, in exchanging 2,283 shares. NCB Financial Group traded at $99.50, with 6,795 shares, 1834 Investments finished trading for 4 cents more at $1.19, with 6,534 shares, PanJam Investment gained 20 cents to end at $41.50, with 5,965 units, Portland JSX concluded trading at $10, with 506 shares. Radio Jamaica settled with a loss of 2 cents at $1.08, with 55,760 shares, Sagicor Group ended trading after rising 59 cents at $37.10, with 35,845 stock units, Sagicor Real Estate Fund traded $1 higher at record high of $17, with 58,784 shares, Scotia Group finished trading with a loss of $1.98 at $50.02, with 142,058 shares, Supreme Ventures finished 19 cents higher at $11.95, with 55,000 units. Victoria Mutual Investments settled at $4.45, trading 216,227 shares, Wisynco Group lost 45 cents to end at $10.25, with 111,757,051 shares traded and in the main market preference segment, Jamaica Money Market 7.5% traded at $1.95, with 1,000 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “Partial recovery for JSE majors – Friday.”

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JSE volume jumped sharply on Thursday

March 1, 2018 by

Main Market activity on the Jamaica Stock Exchange jumped sharply on Thursday, ending trading on with 22,773,292 units valued at $377,866,606 changing hands versus 5,402,156 units valued at $66,110,510 on Wednesday.
Main Market of the Jamaica Stock Exchange Market activity ended with 26 securities traded ending with 10 securities rising, 12 falling, 5 trading firm, leading to market indices to a huge fall. The JSE All Jamaican Composite Index dropped 3,876.54 points to 317,331.11 and the JSE Index collapsed 3,531.97 points to 289,124.52.
In the main market activity, Barita Investments closed 50 cents higher at $7.50, with 5,708 shares, Berger Paints jumped $1.35 to close at $21.35, with 32,521 stock units, Cable & Wireless concluded trading with a loss of 20 cents at $1.01, with 288,269 units, Carreras finished at $10.95, with 7,029,473 shares, Caribbean Cement settled with a loss of $2.99 at $33.01, while exchanging 39,375 shares. Ciboney Group ended trading at 10 cents, with 4,963,048 shares, Grace Kennedy traded with a loss of 25 cents at $44, with 4,047,260 stock units, Jamaica Broilers finished trading 2 cents higher at $19, with 11,908 units, Jamaica Producers closed $1.90 higher at $17, with 32,106 shares. Jamaica Stock Exchange ended with a loss of 45 cents at $6.55, trading 3,000 shares, JMMB Group concluded trading with a loss of $1.99 at $24.01, after 4,190,962 shares were swapped, Kingston Properties finished at $6.65, with 384 stock units, Kingston Wharves settled at $42, trading 1,908 units. Mayberry Investments ended trading 44 cents higher at $5.45, with 2,000 shares, NCB Financial Group traded with a loss of 50 cents at $99.50, with 69,631 shares, PanJam Investment rose 30 cents to $41.30, with 49,336 units, Pulse Investments finished with a loss of 14 cents at $1.85, with 200,000 shares changing hands. Radio Jamaica settled 1 cent higher at $1.10, with 580 shares, Sagicor Group ended with a loss of 99 cents at $36.51, trading 41,250 stock units, Sagicor Real Estate Fund ended trading at $16, with 59,513 shares Salada Foods fell $1 to $10.50, with 687,500 units, Scotia Group finished trading at $52, with 27,741 shares. Supreme Ventures concluded trading with a loss of 19 cents at $11.76, with 34,690 stock units, Victoria Mutual Investments finished with a loss of 1 cent at $4.45, with 454,250 units and Wisynco Group settled with a loss of 79 cents at $10.70, with 456,979 shares. In the main market preference segment, JMMB Group 7.5% rose 14 cents and closed at 99 US cents with 43,900 shares.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE main market in sharp drop – Thursday.”

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