JSE jumps again on Thursday
The Jamaica Stock Exchange surged for the second straight day with all three main indices closing sharply higher at the end of trading on Thursday, even as Scotia Group fell back by $2.43 as well as National Commercial Bank and Sagicor Group by $1 each. Gains in Carib cement, Jamaica Broilers, Portland, Sagicor X Fund and Supreme Ventures offset the big losers.
At the close of the market prices of 17 securities gained out of a total of 40 securities that traded, with 16 declining in the overall market, including 6 stocks, rising and 6 falling in the junior market.
Trading closed with 9,321,811 units valued at $97,260,492 changing hands, in all market segments. The junior market accounted for 3,881,493 units, valued at $11,818,736 of all trades.
The JSE Market Index jumped 865.34 points to end at 162,560.77, the all Jamaica Composite Index climbed 967.74 points to close at 180,834.09 and the JSE combined index surged 898.41 points, to end at 173,767.56.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 12 stocks with bids higher than their last selling prices and just 1 with a lower offer.
At the end of market activities, Berger Paints traded 85,404 shares to end at $5, Cable & Wireless traded 211,098 shares and closed at $1.10 after falling 5 cents, Caribbean Cement climbed 75 cents in trading 7,400 shares to close at $26, Carreras rose 1 cent, in trading 141,600 shares to end at $66.01. The price of 1834 Investments declined by 10 cents to close at $1.30, in trading 96,436 shares, Grace Kennedy ended at $45 with 49,232 shares changing hands, Jamaica Broilers rose 49 cents with 3,000 shares changing hands, to end at $15, Jamaica Producers rose 5 cents to close at $8.25 with 885,713 units trading. Jamaica Stock Exchange had 12,000 units changing hands to close at $24, and record a gain in price of $2.50, JMMB Group traded 500,479 units to end with a loss of 1 cent at $9.86. Mayberry Investments lost 28 cents with 43,869 shares trading, to close at $3.82, National Commercial Bank had 179,619 units changing hands, to close at $41 after falling by $1.Pan Jamaican Investments shed 20 cents to close at $25 after trading 12,977 shares,Portland JSX traded 462,413 shares and rose 50 cents to end at $11.50, Pulse Investments traded 25,000 shares to close at $3.86, Radio Jamaica lost 4 cents in trading 292,253 shares to end at $1.66, Sagicor Group shed $1 with 1,027,275 shares changing hands at $21. Sagicor Real Estate Fund traded 350,000 shares and climbed 25 cents to close at $10.25, Scotia Group dropped $2.43 while trading 4,815 shares to end at $30, Seprod gained 10 cents to close at $19 with 320,579 shares changing hands. Supreme Ventures gained 29 cents and ended at $4.99, with 393,464 units changing hands and Jamaica Money Market Brokers Ltd 7.50% preference share, traded 324,092 units at $2.09.
JSE stocks close slightly up – Monday
Supreme Ventures was the dominant trade by far on the Jamaica Stock Exchange on Monday with 39,898,309 trading between $4.71 and the closing price of $4.52 after falling 18 cents. Mayberry Investments sold 11,990,487 units from their inventory at $4.71 to Scotia Investments for a mix of buying for in-house inventory and for clients. In the afternoon session Mayberry crossed 27,884,209 units and bought them for in-house inventory with 27,821,082 units, trading at $4.52 each.
In the overall market the prices of 10 securities gained out of a total of 37 securities that traded, with 13 declining, including 5 stocks, rising and 1 falling from the junior market.
The market closed with an overall volume of 42,773,267 units valued at $ 226,239,889 changing hands, in all market segments. The junior market accounted for 257,522 units traded, valued at $1,655,683 of all trades.
The JSE Market Index rose 14.60 points to end at 159,983.00, the all Jamaica Composite Index inched up 16.33 points to close at 177,751.26 and the JSE combined index gained 40.82 points, to end at 170,905.17.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 10 stocks with bids higher than their last selling prices and 1 with a lower offer.
At the end of market activities, Berger Paints traded 6,608 shares to end at $4.60 after falling 4 cents, Cable & Wireless traded 134,255 shares to close at $1.26, Caribbean Cement gained 5 cents in trading 37,805 shares to close at $25.55. Carreras lost 48 cents, in exchanging 4,095 shares to end at $65.52 ahead of the release of its June quarter profit results, showing profit of $861 million or earnings of $1.77 per share, versus $623 million or $1.28 per share, in 2015. Grace Kennedy gained $2.30 to close at $125 with 12,959 shares changing hands, Jamaica Broilers traded 26,599 shares to end at $15. Jamaica Stock Exchange had 9,100 shares trading but slipped 89 cents to close at $21.10, JMMB Group traded 2,105 units to end at $9.80, after falling 10 cents. Kingston Wharves rose by 15 cents with 10,090 units changing hands and closed at $15.55, National Commercial Bank had 55,253 units changing hands, to close with a loss of 1 cent at $42. Trading in 138 Student Living resulted in a loss of 1 cent to close at $4.59 while trading 710,208 shares, Pan Jamaican traded 15,750 shares to end at $25.50. Portland JSX traded 33,900 shares and lost 50 cents to end at $12, Radio Jamaica gained 8 cents to close at $1.68 after 170,000 shares changed hands, Sagicor Group lost 5 cents with 14,950 shares changing hands at $21.45, Sagicor Real Estate Fund traded 16,000 shares to close at $10.22. Scotia Group traded 13,354 shares to end at $30.17 after falling by 43 cents, Scotia Investments declined by 10 cents with 2,000 units changing hands at $26 and Proven Investments ended trading 1,328,125 units to close at 19.99 US cents.
JSE stocks close down on Friday
The Jamaica Stock Exchange main market indices declined again on Friday but well below the more than 2,000 points it fell by on Thursday. In the overall market the prices of 10 securities gained out of a total of 36 securities that traded, with 17 declining, including 3 stocks, rising and 6 falling from the junior market.
The market closed with an overall volume of 3,195,511 units valued at $184,753,798 changing hands, in all market segments. The junior market accounted for 260,545 units traded, valued at $1,819,326 of all trades.
The JSE Market Index fell 196.07 points to end at 159,968.40, the all Jamaica Composite Index sunk 219.27 points to close at 177,734.93 and the JSE combined index dived 239.78 points, to end at 170,864.35.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 6 stocks with bids higher than their last selling prices and 1 with a lower offer.
At the end of market activities, Berger Paints traded 4,558 shares to end at $4.60 after gaining 4 cents, Cable & Wireless rose 6 cents in trading 175,689 shares to close at $1.26, Caribbean Cement traded 304,801 shares to close at $25.50, Carreras gained 50 cents in exchanging 1,000 shares at $66. Trading in 1834 Investments, led to a lost of 1 cent with 16,436 shares changing hands to close at $1.20, Grace Kennedy dropped $3.30 to close at $122.70 with 3,881 shares changing hands, Jamaica Producers fell 5 cents in trading 14,200 shares to end at $8.15. Jamaica Stock Exchange had 10,000 shares trading but slipped 1 cents to close at $21.99, JMMB Group traded 1,450 units to end at $9.90, after gaining 20 cents. Kingston Wharves lost 60 cents with 8,500 units changing hands and closed at $15.40, National Commercial Bank had 66,966 units changing hands, to close with a loss of 1 cent at $42.01, Pan Jamaican traded 2,350 shares and rose 25 cents to end at $25.50. Portland JSX traded 4,000 shares and lost 5 cents to end at $12.50, Radio Jamaica lost 5 cents to close at $1.60 after 10,400 shares changed hands, Sagicor Group had 163,785 shares changing hands at $21.50, Sagicor Real Estate Fund traded 1,080 shares to close at $10.22. Scotia Group traded 404,540 shares to end at $30.60, Scotia Investments declined by 40 cents with 16,300 units changing hands at $26.10, Supreme Ventures rose 19 cents to end at $4.70, with 200,690 units changing hands. Proven Investments rose 0.99 US cent while trading 1,035,300 units to close at 19.99 US cents and Jamaica Money Market Brokers 7.5% preference share traded 484,000 units to close at $2.09 but lost 1 cent.
JSE majors rise on Tuesday
The JSE Market Index rose 158.02 points to end at 158,957.74, the all Jamaica Composite Index gained 176.73 points to close at 176,604.67 and the JSE combined index added 402.50 points, to end at 169,825.87.
The market closed another day of moderate trading, with 10,582,014 units valued at $306,568,341 changing hands, in all market segments, thanks partially to 6.76 million units trade in Jamaica Broilers Group. The junior market accounted for 1,483,101 units traded valued at $7,313,357 of all trades.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 11 stocks with bids higher than their last selling prices and just 1 with a lower offer.
At the end of market activities, Berger Paints traded 15,196 shares and gained 15 cents to end at $4.55, Cable & Wireless traded 162,613 shares to close at $1.17, Caribbean Cement fell 45 cents in trading 61,670 shares to close at $22.55, Carreras rose $2.49 in exchanging 64,676 shares at $64.99. Trading in 1834 Investments, resulted in 46,006 shares changing hands to close with a gain of 10 cents at $1.30. Grace Kennedy closed at $122.50 after falling by 50 cents, with 17,598 units changing hands. Jamaica Broilers ended with 6,763,178 shares changing hands, to close with a rise of 26 cents at $15, Jamaica Producers traded 60,419 shares and ended at $8.15, Jamaica Stock Exchange rose $1 to end at $23 while trading 20,704 shares. JMMB Group traded 100,100 units and gained 9 cents to end at $9.99, Kingston Wharves climbed 49 cents with 200 units changing hands and closed at $15.99. National Commercial Bank ended with 43,398 units changing hands to close at $42, Pan Jamaican traded 22,126 shares and gained 50 cents to end at $24.50, Portland JSX traded 40,019 shares and lost 1 cent to close at $12.89. Radio Jamaica lost 2 cents to close at $1.37 after 266,334 shares changed hands, Sagicor Group ended with 20,898 shares changing hands and declined 95 cents to $22.04, Sagicor Real Estate Fund traded 38,447 shares to close at $10.50, Scotia Group rose by 30 cents in trading 124,880 shares to end at $30.50. Scotia Investments had 6,800 units changing hands at $26.10 for a fall of $1.39, Supreme Ventures gained 20 cents in trading 48,268 shares to end at $4.80, Proven Investments traded 60,990 units to close at 16.99 US cents for a rise of 0.99 US cents. JMMB Group traded 5,000 shares while losing 3 cents to close at US$1.05, JMMB Group 7.5% preference share traded 425,253 units at $1.05 and Jamaica Money Market Brokers 7.50% preference share traded 680,580 units at $2.09 after slipping 1 cent.
17 JSE stocks up 11 down – Monday
The JSE Market Index dipped 169.00 points to end at 158,799.72, the all Jamaica Composite Index lost 189.00 points to close at 176,427.94 and the JSE combined index fell 499.74 points, to end at 169,423.37.
The market closed another day of moderate trading, with 5,515,764 units valued at $120,438,402 changing hands, in all market segments, thanks to a 2.5 million trade in Proven Investments stock. The junior market accounted for 846,304 units traded valued at $4,791,506, of all trades.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 10 stocks with bids higher than their last selling prices and 3 with lower offers.
At the end of market activities, Cable & Wireless traded 110,078 shares to close with a rise of 3 cents at $1.17, Caribbean Cement gained $1 in trading 1,037,050 shares to close at $23, Carreras dropped $2 in exchanging 67,217 shares at $62.50. Trading in 1834 Investments, resulted in 347,716 shares changing hands to close with a gain of 14 cents at $1.20. Grace Kennedy closed at $123 after falling $2, with 1,100 units changing hands. Jamaica Broilers ended with 5,000 shares changing hands, to close with a rise of 22 cents at $14.74, Jamaica Producers traded 40,100 shares with a fall of 15 cents to $8.15, Jamaica Stock Exchange dipped $1 to end at $22 while trading 78,730 shares. JMMB Group traded only 5,000 units and gained 8 cents to end at $9.90, Kingston Wharves with 3,201 units changing hands, closed at $15.50. Portland JSX traded 1,015 shares to close at $12.90. Mayberry Investments fell 15 cents with 28,058 shares trading to close at $3, National Commercial Bank ended with 33,604 units changing hands, with the price rising 5 cents to close at $42, Pan Jamaican traded 4,100 shares and gained 90 cents to end at $24, Radio Jamaica gained 11 cents to close at $1.39 after 57,686 shares changed hands, Sagicor Group ended with 48,577 shares changing hands and gained 48 cents to $23, Sagicor Real Estate Fund traded 32,372 shares but rose 38 cents to close at $10.50, Scotia Group fell 80 cents in trading 59,985 shares to end at $30.20. Seprod traded 31,772 shares, to close at $17, Supreme Ventures traded 39,024 shares to end at $4.60, Proven Investments traded 2,527,640 units to close at 16 US cents for a fall of 0.95 US cents and Jamaica Money Market Brokers 7.50% preference share traded 104,545 units at $2.10.