JSE main market in sharp fall – Tuesday

February 6, 2018 by

Scotia Group dropped $3.50 to be a major factor for the market fall.

Trading on the Main Market of the Jamaica Stock Exchange ended on Tuesday with JSE All Jamaican Composite Index fell by 2,849.06 points to 314,902.05 and the JSE Index declined by 2,595.81 points to 286,911.39.
Main and US market activities ended with moderate trading levels leading to prices of 14 stocks falling, 6 rising and 9 trading firm as 29 securities traded, versus 26 on Monday, including 1 from the US market.
Main market activity ended with 1,619,946 shares valued at a mere $24,684,399 changing hands, in contrast to 2,142,032 shares valued at a mere $25,490,496 trading on Monday.
The US market closed with Proven Investments exchanging 436,300 ordinary shares, at 22.95 US cents, with a value of US$98,424 and leading to the JSE US Equities Index remaining unchanged at 174.10.
Market activity ended with an average of 57,855 shares valued at $$881,586, in contrast to 76,501 shares valued at $910,375 on Monday. The average volume and value for the month to date amounts to 138,250 units valued at $2,267,631 and previously, 167,869 units valued at $2,778,279 January closed with average of 239,900 units valued at $5,158,193 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and just 3 closed with lower offers.
Major price changes at the close of the market are, PanJam Investment lost $1.80, Scotia Group dropped $3.50, Seprod fell $1.18 and Sterling Investments closed at a 52 weeks’ low after falling $1.10.
For more details of market activities see – 14 stocks fall 6 rise in JSE trading – Tuesday.

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14 stocks rose in JSE trading – Monday

February 5, 2018 by

The prices of 14 stocks Fourteen Trading on the main market of the Jamaica Stock Exchange pulled back sharply at the close on Monday with 2,142,032 shares valued at $25,490,496 changing hands, in contrast to 4,761,651 shares valued at $85,619,819 trading on Friday.
Market activity closed with 28 securities changing hands, leading to the prices of 14 stocks rising, 6 declining and 8 trading firm.
At the close of the market the JSE All Jamaican Composite Index 2,285.34 points to 317,751.11 and the JSE Index advanced 2,082.21 points to 289,507.20.
In main market activity, Barita Investments ended at $8, with 5,300 stock units changing hands, Berger Paints closed with a rise of 65 cents at $18, with 2,943 shares, Cable & Wireless concluded trading at $1.35, with 501,420 units, Carreras finished with a loss of 15 cents at $11, in exchange of 214,066 shares, Caribbean Cement settled $1 higher at $34.50, with 152,205 shares. Ciboney Group ended trading 9 cents higher at 31 cents, with 1,000 shares, Grace Kennedy traded at $43, with 45,448 stock units, Jamaica Broilers finished trading 60 cents higher at $19, with 15,283 units, Jamaica Producers closed at $16, with 500 shares. Jamaica Stock Exchange ended at $6.50, with 11,400 shares, JMMB Group concluded trading 50 cents higher at $25, with 17,444 shares, Kingston Wharves settled $1 higher at 52 weeks’ high of $35, with 2,605 units, Mayberry Investments ended trading 25 cents higher at $6.05, with 54,958 shares. NCB Financial Group traded with a loss of 1 cent at $99.99, with 42,656 shares, PanJam Investment climbed $1.85 to close at $41.85, with 313 units, Portland JSX concluded trading with a loss of 89 cents at $10.11, with 1,000 shares, Pulse Investments finished at $1.80, with 5,000 shares. Radio Jamaica settled 5 cents higher at $1.10, with 900 shares, Sagicor Group ended trading 25 cents higher at $35.50, with 32,440 stock units, Sagicor Real Estate Fund ended trading $1.40 higher to close at a record $15.90, with 12,400 shares. Scotia Group finished trading at $53.50, with 13,109 shares, Seprod closed with a loss of $4 at $30, with 1,784 shares. Sterling Investments ended at $11.10, with 1,708 shares, Supreme Ventures concluded trading 44 cents higher at $12, with 10,100 stock units, Victoria Mutual Investments finished 10 cents higher at $4.30, with 232,213 units, Wisynco Group settled at $10.75, with 561,023 shares and In the main market preference segment, Jamaica Money Market Brokers 7.5% traded with a loss of 1 cent at $1.99, with 200,000 stock units, JMMB Group 7.5% closed with a loss of 5 cents at $1.10, with 2,814 shares trading.
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 jumps sharply – Monday.”

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JSE main market jumps sharply – Monday

February 5, 2018 by

Bulls may be lurching to pounce on Jamaican stocks.

Trading on the Main Market of the Jamaica Stock Exchange ended on Monday with JSE All Jamaican Composite Index jumped 2,285.34 points to 317,751.11 and the JSE Index climbed by 2,082.21 points to 289,507.20.
Main and US market activities ended with 15 stocks rising, 6 declining and 8 trading firm as 29 securities traded, versus 26 on Friday, including 1 from the US market.
Main market activity ended with 2,142,032 shares valued at a mere $25,490,496 changing hands, in contrast to 4,761,651 shares valued at $85,619,819 trading on Friday.
The US market closed with Proven Investments exchanging 428,900 ordinary shares, rising 1.95 cents to 22.95 US cents, with a value of US$98,424 and leading to the JSE US Equities Index rising 8.03 points to end at 174.10.
Market activity ended with an average of 76,501 shares valued at $$910,375, in contrast to 190,466 shares valued at $3,424,793 on Friday. The average volume and value for the month to date amounts to 167,869 units valued at $2,778,279 and previously, 221,167 units valued at $3,867,890. January closed with average of 239,900 units valued at $5,158,193 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 10 stocks ended with bids higher than their last selling prices and just 1 closed with a lower offer.
Major price changes at the close of the market are, Caribbean Cement and Kingston Wharves both gained $1, with the latter traded at a new high of $35, PanJam Investment rose $1.85, Sagicor Real Estate Fund traded with a gain of $1.40 to close at a record high of $15.90 and Seprod dropped $4.

For more details of market activities see – 14 stocks rose in JSE trading – Monday.

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JSE main market in moderate gain – Friday

February 2, 2018 by

The Main Market of the Jamaica Stock Exchange ended on Friday with the JSE All Jamaican Composite Index increased 309.91 points to 315,465.77 and the JSE Index advanced by 282.36 points to 287,424.99.
Main and US market activities ended with 6 stocks rising, 11 declining and 9 trading firm as 27 securities traded, versus 24 on Thursday, including 1 from the US market.
Main market activity ended with 4,761,651 shares valued at $85,619,819 changing hands, in contrast to 5,854,377 shares valued at $100,038,878 trading on Thursday.
The US market closed with Proven Investments exchanging 294,784 ordinary shares, with a loss of 1.5 cents to 21 US cents, with a value of US$62,587 and leading to the JSE US Equities Index falling 8.26 points to end at 166.07.
Market activity ended with an average of 190,466 shares valued at $3,424,793, in contrast to 254,538 shares valued at $4,349,516 on Thursday. The average volume and value for the month to date amounts to 221,167 units valued at $3,867,890. January closed with average of 239,900 units valued at $5,158,193 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 11 stocks ended with bids higher than their last selling prices and just 1 closed with a lower offer.
Major price changes at the close of the market are, Caribbean Cement and Jamaica Producers both dropped $1, Sterling Investments dived $1.90 to a new low of $11.10. The volume traded was dominated by Cable & Wireless that closed with 1.18 million shares changing hands, with the next highest being JMMB Group with 794,000 units.

For more details of market activities see –JSE trading volume slips – Friday.

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Trading volume falls on JSE – Thursday

February 1, 2018 by

Wisynco, producers of Wata, traded 1.5 million shares on Thursday.

Trading on the pulled back Jamaica Stock Exchange ended on Thursday to 5,854,377 shares valued at $100,038,878, in contrast with 17,559,021 shares valued at $97,721,084 trading on Wednesday.
Market activity closed with 23 securities changing hands, leading to the prices of 11 stocks rising, 7 declining and 5 trading firm.
At the close of the market the JSE All Jamaican Composite Index fell by 791.51 points to 315,155.86 and the JSE Index declined by 721.16 points to 287,142.63.
In main market activity, Berger Paints closed at $17.35, with 8,986 shares, Cable & Wireless concluded trading with a loss of 1 cent at $1.35, with 10,843 units, Carreras finished 17 cents higher at $11.17, with 750,303 shares, Grace Kennedy traded 40 cents higher at $43.50, with 65,011 stock units, Jamaica Broilers finished trading with a loss of 11 cents at $17.90, with 15,579 units. Jamaica Producers closed 10 cents higher at $17, with 4,373 shares, JMMB Group ended trading at $25, with 1,540,700 shares, Kingston Wharves settled 50 cents higher at $34, with 28,000 units, Mayberry Investments ended trading 1 cent higher at $6, with 19,473 shares. NCB Financial Group traded with a loss of 24 cents at $100.60, with 131,321 shares, 138 Student Living ended at $6.15, with 100 shares, PanJam Investment ended with a loss of 1.50 cents at $39.50, with 6,142 units, Pulse Investments finished at $1.80, with 5,766 shares, Radio Jamaica settled with a loss of 2 cents at $1.05, with 26,107 shares. Sagicor Group ended trading 40 cents higher at $36, with 16,220 stock units, Sagicor Real Estate Fund ended trading 49 cents higher at $14.50, with 1,071,797 shares, Scotia Group finished trading 1 cent higher at $53, with 21,044 shares, Seprod closed $3.50 higher at $33.50, with 879 shares trading, Supreme Ventures concluded trading 2 cents higher at $12, with 133,955 stock units. Victoria Mutual Investments finished 3 cents higher at $4.13, with 231,077 units, Wisynco Group settled with a loss of 1.68 cents at $10.31, with 1,495,101 shares In the main market preference segment, JMMB Group closed with a loss of 2 cents at $1.15, with 271,400 shares and Proven Investments settled at $5.90, with 200 units.

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 lost ground – Thursday.”

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JSE main market lost ground – Thursday

February 1, 2018 by

JMMB Group had most shares trading on Thursday.

The Main Market of the Jamaica Stock Exchange ended on Thursday with the JSE All Jamaican Composite Index falling by 791.51 points to 315,155.86 and the JSE Index declining 721.16 points to 287,142.63.
Main and US market activities ended with 10 stocks rising, 11 declining and 6 trading firm as 24 securities traded, versus 29 on Wednesday, including 1 from the US market.
Main market activity ended with 5,854,377 shares valued at $100,038,878 trading, in contrast with 17,559,021 shares valued at $97,721,084 on Wednesday.
The US market traded 39,500 units with a value of US$9,085 with the JSE US Equities Index gained 2.24 points to end at 174.33. Trading ended with Proven Investments exchanging 39,500 ordinary shares, at 22.5 US cents.
Market activity ended with an average of 254,538 units valued at an average of $4,349,516 for each security traded, in contrast to 650,334 units for an average of $3,619,299 on Wednesday. January closed with average of 239,900 units valued at $5,158,193 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 9 stocks ended with bids higher than their last selling prices and 2 with lower offers.
Major price changes at the close of the market are, PanJam Investment lost $1.50 and Seprod jumped $3.50. The volume traded was dominated by JMMB Group that closed with 1,540,700 shares, Sagicor Real Estate Fund with 1,071,797 units and Wisynco Group trading 1,495,101 units and fell $1.68.

For more details of market activities see – Trading volume falls on JSE – Thursday.

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Big surge in JSE Main market – Wednesday

January 31, 2018 by

The Main Market of the Jamaica Stock Exchange ended January with strong gains in the market indices, with JSE All Jamaican Composite Index jumping 2,844.76 points to 315,947.37 and the JSE Index climbing 2,591.90 points to 287,863.79, marginally down for the year to date.
Main and US market activities ended with 9 stocks rising, 10 declining and 10 trading firm as 29 securities traded, versus 31 on Wednesday, including 2 from the US market.
Main market activity surged to 17,559,021 shares valued at $97,721,084 with just two stocks accounting for 88 percent of the volume. In contrast with 4,096,473 shares valued at $78,829,626 traded on Wednesday.
The US market traded 9,262 units with a value of US$29,441 with the JSE US Equities Index declining 2.23 points to end at 172.09 for a 3.6 percent rise from the 2017 close. Trading in this market ended with Productivity Business closing at 55 US cents with 25,294 shares and Proven Investments trading 68,968 ordinary shares, to close with a loss of 0.5 cents at 22.5 US cents.
Market activity ended with an average of 650,334 shares valued at $3,619,299, in contrast to 146,303 shares valued at $2,815,344 on Tuesday. The average volume and value for the month to date amounts to 239,900 units valued at $5,158,193 and previously 220,146 units valued at $5,239,823. December closed with average of 686,156 units valued at an average of $8,654,832 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 10 stocks ended with bids higher than their last selling prices and 2 with a lower offer.
Major price changes at the close of the market are, Caribbean Cement gained $1.50 and JMMB Group climbed $1. The volume traded was dominated by Cable & Wireless with an exchange of 11,351,768 shares and Wisynco Group trading 4,146,449 units.

For more details of market activities see – C&W and Wisynco in big trades on JSE .

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C&W and Wisynco in big trades on JSE

January 31, 2018 by

Cable & Wireless with an exchange of 11,351,768 shares and Wisynco Group trading 4,146,449 units dominated trading with 88 percent of volume on the main market on Wednesday.
Market activity closed with 27 securities changing hands, leading to 17,559,021 shares valued at $97,721,084 changing hands. At the close the prices of 8 stocks rose, 10 declined and 9 traded firm.
At the close of the market the JSE All Jamaican Composite Index jumped 2,844.76 points to 315,947.37 and the JSE Index surged 2,591.90 points to 287,863.79.
In main market activity, Barita Investments ended with a loss of 50 cents at $7.50, with 100 stock units, Berger Paints closed with a loss of 15 cents at $17.35, with 143,691 shares, Cable & Wireless concluded trading at $1.36, with 11,351,768 units, Carreras finished with a loss of 25 cents at $11, with 799,248 shares, Caribbean Cement settled $1.50 higher at $34.50, with 26,394 shares. Grace Kennedy traded at $43.10, with 7,210 stock units, Jamaica Broilers finished trading 51 cents higher at $18.01, with 27,100 units, Jamaica Producers closed 40 cents higher at $16.90, with 17,262 shares, Jamaica Stock Exchange ended with a loss of 50 cents at $6.50, with 86,312 shares. JMMB Group concluded trading $1 higher at $25, with 107,680 shares, Kingston Wharves settled at $33.50, with 24,000 units, Mayberry Investments ended trading with a loss of 1 cent at $5.99, with 1,270 shares, NCB Financial Group traded with a loss of 1 cent at $100.84, with 99,261 shares. 1834 Investments finished trading 10 cents higher at $1.30, with 11,877 shares, Pulse Investments ended with a loss of 19 cents at $1.80, with 30,876 shares, Radio Jamaica settled 2 cents higher at $1.07, with 17,435 shares, Sagicor Group ended trading with a loss of 40 cents at $35.60, with 126,082 stock units. Sagicor Real Estate Fund ended trading with a loss of 49 cents at $14.01, with 19,627 shares, Salada Foods traded with a loss of 50 cents at $10.50, with 1,355 units, Scotia Group finished trading 4 cents higher at $52.99, with 35,488 shares, Supreme Ventures concluded trading 28 cents higher at $11.98, with 92,495 stock units, Victoria Mutual Investments finished at $4.10, with 215,060 units and Wisynco Group gained 54 cents to $11.99, with 4,146,449 shares. In the main market preference segment, Jamaica Money Market 7.5% traded at $2, with 160,230 stock units, JMMB Group 7.5% closed at $1.17, with 9,651 shares, 138 Student Living ended at $6.15, with 1,000 shares, Proven Investments climbed 85 cents to a 52 weeks’ high of $5.90, with 100 units traded.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “Big surge in JSE Main market – Wednesday.”

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Main market trading picks up with 17 gains

January 30, 2018 by
Wisynco traded the most shares on teh JSE on Tuesday

Wisynco traded the most shares on the JSE on Tuesday

Trading on the Main Market of the Jamaica Stock Exchange ended on Tuesday with JSE All Jamaican Composite Index gained 927.49 points to 313,102.61 and the JSE Index advanced by 845.05 points to 285,271.89.
Main and US market activities ended with 17 stocks rising, 5 declining and 9 trading firm as 31 securities traded, versus 26 on Monday, including 3 from the US market.
Main market activity increased with 4,096,473 shares valued at $78,829,626 traded, in contrast with 3,323,821 shares valued at $32,670,539 on Monday.
The US market traded 35,129 units with a value of US$7,605 with the JSE US Equities Index declining 1.18 points to end at 174.32. Trading in this market ended with Margaritaville closing at 22 US cents with 4,100 units after shedding 3 cents, Proven Investments trading 27,087 ordinary shares, to close with a gain of 2 cents at 23 US cents and Sterling Investments closing with a loss of 2 US cents and ended at 12 US cents with 3,942 shares.
Market activity ended with an average of 146,303 shares valued at $$2,815,344, in contrast to 132,953 shares valued at $1,306,822 on Monday. The average volume and value for the month to date amounts to 220,146 units valued at $5,239,823 and previously 224,025 units valued at $5,115,100. December closed with average of 686,156 units valued at an average of $8,654,832 for each security traded.

IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 12 stocks ended with bids higher than their last selling prices and 2 with a lower offer.
Major price changes at the close of the market are, Jamaica Broilers finished trading with a loss of $1, Jamaica Producers lost $1.50, Salada Foods traded with a loss of $1.55 and Scotia Group jumped $2.90. The volume traded was dominated by JMMB Group concluded trading at $24, with 824,485 shares and Wisynco Group with 1,249,530 shares with the price jumping $1.

For more details of market activities see – Several JSE prices up ahead of month end.

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JSE main market slipped on Monday

January 29, 2018 by

Victoria Mutual Investments traded more than 1 million shares to lead the market on Monday.

Trading on the Main Market of the Jamaica Stock Exchange, ended on Monday with JSE All Jamaican Composite Index slipping just 36.79 points to 312,175.12 and the JSE Index inched 33.52 points lower to 284,426.84, even as declining stocks beat out those rising by a decent margin.
Main and US market activities ended with 7 stocks rising, 12 declining and 7 trading firm as 26 securities traded, the number as on Friday, including 1 from the US market.
Main market activity ended with slightly more volume than on Thursday with 3,323,821 shares valued at $32,670,539 traded, in contrast to with 2,638,664 shares valued at $47,864,816 on Friday.
Trading in the US dollar market ended with Proven Investments trading 6,490 ordinary shares with a value of US$1487, to close with a loss of 2 cents at 21 US cents.  The JSE US Equities Index declined 0.42 points to end at 172.50.
Market activity ended with 132,953 units for an average of $1,306,822 in contrast to 105,547 units for an average of $1,914,593 on Friday. The average volume and value for the month to date amounts to 224,025 units valued at $5,115,100 and previously 228,507 units valued at $5,313,035. December closed with average of 686,156 units valued at an average of $8,654,832 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and 3 with a lower offer.
Major price changes at the close of the market are, Jamaica Producers lost $1 the second day running to end at $15, JMMB Group lost $1 to end at $24, NCB Financial regained the 85 cents it lost on Friday to end at $100.85 and Scotia Group fell 95 cents to $50.05. The volume traded was dominated by the two newest listings on the market, Victoria Mutual Investments finishing with 1,225,416 units at $4.01 and Wisynco Group closed at $10.45, with 900,281 shares.

For more details of market activities see – Trading on JSE’s main market sinks – Monday.

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