JSE up on reduced activity

At the close of trading, the JSE All Jamaican Composite Index climbed 631.47 points, to close at 305,165.60 and the JSE Index advanced 575.34 points to 278,040.36. Main market activity ended with 21 securities changing hands, of which 8 advanced, 5 declined and 7 traded unchanged.
Market activities ended with 2,309,034 units valued at $75,261,191 trading, compared to 8,452,293 units valued at $389,568,108 from 20 securities changing hands on Monday.
Trading ended with an average of 109,954 units for an average of $3,583,866 in contrast to 422,615 units for an average of $19,478,405 on Monday. The average volume and value for the month to date amounts to 310,531 units valued at $5,955,270 and previously, 325,310 units valued at $6,146,072. In contrast, November closed with average of 349,084 units at an average of $5,801,440 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 2 with lower offers.
Traded in the US dollar market ended with Proven Investments US ordinary share having 1,101,440 units changing hands valued at US 247,816 in closing at 22 US cents, after falling by a fraction of a cent, with the JSE USD Equities Index closing 2.29 points up to close at 172.84.
The major movers at the close, are Jamaica Broilers ending with a rise of 90 cents, JMMB Group gaining 99 cents, Kingston Wharves rising 95 cents, PanJam Investment concluded with a loss of $1.50 and Scotia Group falling $1.85.

For more details of market activities see – “8 JSE stocks rise 5 fall.”

Producers & NCB dominate trading – Monday

Trading on the Main Market of the Jamaica Stock Exchange, closed on Monday with 20 securities changing hands. 9 advanced, 7 declined and 2 traded firm resulting in 8,452,293 units valued at $389,568,108 trading as Jamaica Producers with 4.36 million shares and NCB Financial with 3.14 million shares, dominated trading.
At the close, the JSE All Jamaican Composite Index declined by 238.01 points to close at 304,534.13 and the JSE Index shed 216.86 points to close at 277,465.02.
In the market activity, Berger Paints finished at $16, with 200 shares changing hands, Cable & Wireless settled 5 cents higher at $1, with 205,419 shares, Caribbean Cement ended trading with a loss of $1.30 at $31.70, with 4,243 stock units, Carreras traded with a loss of 51 cents at $10.99, with 117,938 units, Grace Kennedy closed 51 cents higher at $42.50, with 12,713 shares. Jamaica Broilers ended with a loss of 50 cents at $17.50, with 255,683 stock units, Jamaica Producers concluded trading 5 cents higher at $15.20, with 4,355,410 units, Jamaica Stock Exchange finished with a loss of 50 cents at $6.50, with 74,200 shares, JMMB Group settled 51 cents higher at $24.01, with 19,804 shares. Kingston Wharves traded with a loss of $1.95 at $30.05, with 5,927 units, Mayberry Investments finished trading 25 cents higher at $5.95, with 4,915 shares, NCB Financial Group closed with a loss of 1 cent at $98.99, with 3,140,031 shares, PanJam Investment concluded trading with a rise of $1 to $45, with 5,967 units. Radio Jamaica ended trading 4 cents higher at $1.05, with 134,756 stock units, Sagicor Group traded with a loss of $1.50 at $35.50, with 3,440 units, Sagicor Real Estate Fund finished trading at $15, with 1,718 shares, Scotia Group ended with a gain of $1.89 to $51.90, with 76,666 stock units and Supreme Ventures settled 69 cents higher at $10.70, with 13,469 shares. In the main market preference segment, Jamaica Money Market Brokers 7.5% traded 394 units at $1.90 and JMMB Group 7.5% ended trading at $1.50, with 19,400 stock units 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 declines on Monday.”

JSE declines on Monday

Market activities, closed with 8,452,293 units valued at $389,568,108 trading, compared to 52,433,941 units valued at $551,963,793 from 22 securities changing hands on Friday.
Trading ended with an average of 422,615 units for an average of $19,478,405 in contrast to 2,097,358 units for an average of $22,078,552 on Friday. The average volume and value for the month to date amounts to 325,310 units valued at $6,146,072 and previously, 317,967 units valued at $5,039,655. In contrast, November closed with average of 349,084 units at an average of $5,801,440 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 7 with lower offers.
3 securities traded in the US dollar market with Margaritaville traded just 400 shares and gained 1 cent to close at .2001 US cents, Proven Investments US ordinary share, traded 520 units changing hands in closing at 22.01 US cents, after falling by a cent, with the JSE USD Equities Index closing down 4.11 points to close at 170.55 as one stock rose and one declined. JMMB Group 6% Preference share traded 2,000 shares and fell 8 us cents to $1.12.
The major movers at the close, are Caribbean Cement that rose $1.30, PanJam Investment rose $1, Sagicor Group fell $1.50, while Scotia Group gained $1.89. Jamaica Producers traded 4.36 million shares and NCB Financial ended with 3.14 million shares changing hands.
For more details of market activities see – “Producers & NCB dominate trading – Monday.”

Supreme Ventures trades 51m shares – Friday

Supreme Ventures 50.86 million trade, was by far the largest on the Jamaica Stock Exchange on Friday, accounting for $509 million of the total amount traded, including two main blocks of 25 million units each.
Trading resulted in 52,433,941 units valued at $551,963,793 and closed with 13 securities advancing, 8 declining and 4 traded firm as 25 securities changed hands. At the close, the JSE All Jamaican Composite Index rose 824.75 points to 304,772.14 and the JSE Index advanced 751.44 points to close at 277,681.88.
In the market activity, Barita Investments concluded trading 20 cents higher at $7.95, with 21,250 units changing hands, Berger Paints finished with a loss of $1 at $16, with 4,850 shares, Cable & Wireless settled with a loss of 5 cents at 95 cents, with 71,897 shares, Caribbean Cement ended trading $2 higher at $33, with 15,171 stock units. Carreras traded 50 cents higher at $11.50, with 229,700 units, Grace Kennedy closed with a gain of 49 cents to $41.99, with 3,550 shares, Jamaica Broilers ended 70 cents higher at $18, with 22,839 stock units, Jamaica Producers concluded trading with a gain of 6 cents to $15.15, with 14,380 units changing hands. Jamaica Stock Exchange finished at $7, with 15,951 shares, JMMB Group settled with a loss of $2.40 at $23.50, with 427,304 shares trading, Kingston Wharves traded with a loss of 30 cents at $32, with 500 units, Mayberry Investments finished trading with a loss of 30 cents at $5.70, with 88,101 shares. NCB Financial Group closed at $99, with 177,145 shares, 1834 Investments gained 1 cent to $1.21, with 2,626 stock units, Palace Amusement jumped $10 to a record high of $560, with just 129 stock units trading, PanJam Investment concluded trading $4 higher at $44, with 10,250 units, Portland JSX rose 68 cents to $9.18, with 48,560 shares. Pulse Investments settled at $1.78, trading 800 shares, Radio Jamaica ended trading with a loss of 2 cents at $1.01, with 38,000 stock units, Sagicor Group traded $1.50 higher at $37, with 27,900 units, Sagicor Real Estate Fund finished trading at $15, with 106,818 shares. Scotia Group ended with a loss of $1.94 at $50.01, with 131,325 stock units trading, Seprod concluded trading $2.50 higher at $30, with 19,000 units and Supreme Ventures settled with a loss of 29 cents at $10.01, with 50,855,895 shares trading. In the main market preference segment, Jamaica Money Market Brokers 7.5% traded 100,000 units at $1.90 after rising by 5 cents.

Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “Supreme Ventures dominant trade – Friday.”

Supreme Ventures dominant trade – Friday

Supreme Ventures traded the most shares on the JSE on Friday.

Volumes jumped on the Main Market of the Jamaica Stock Exchange on Friday as Supreme Ventures captured 92 percent of the value of trades, while the market indices rose modestly by less than 1,000 points.
The JSE All Jamaican Composite Index rose 824.75 points to 304,772.14 and the JSE Index advanced by 751.44 points to close at 277,681.88. Trading closed on Friday with 26 securities changing hands, with 13 advancing, 8 declining and 5 traded firm in the main and US dollar markets. Main market trading resulted in 52,433,941 units valued at $551,963,793 trading, compared to 3,826,874 units valued at $91,752,590 from 22 securities changing hands on Thursday and Palace Amusement closing at a record high of $560 trading a small volume.
Trading ended with an average of 2,097,358 units for an average of $22,078,552 in contrast to 182,232 units for an average of $4,369,171 on Thursday. The average volume and value for the month to date amounts to 317,967 units valued at $5,039,655 and previously, 132,613 units valued at $3,067,560. In contrast, November closed with average of 349,084 units at an average of $5,801,440 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 4 with lower offers.
Proven Investments US ordinary share traded in the US dollar market, with 2,000 units changing hands in closing at 23 US cents, with the JSE USD Equities Index closing unchanged at 174.66.

New contents at Palace Amusement this week end.

The major movers at the close, are Supreme Ventures with the largest volume amounting to 50.8 million units with a value of $508 million, Berger Paints dropping $1, while Caribbean Cement rose $2, JMMB Group dropped $2.40, PanJam Investment dropping $5, Palace Amusement rising $10 to a record $560, Sagicor Group rose $1.50, while Scotia Group lost $1.94 and Seprod climbed $2.50.

For more details of market activities see – “Supreme trades 51m shares – Friday.”

JSE main market falters on Thursday

PanJam Investment drops $5 in trading on Thursday.

The Main Market of the Jamaica Stock Exchange pulled back at the close on Thursday with increased volume of shares trading, after rising strongly with very moderate trading on Wednesday.
Trading on the Main Market ended on Thursday with 21 securities changing hands, of which 9 advanced, 7 declined and 2 traded firm resulting in 3,826,874 shares valued at $91,752,590 changing hands, compared to 868,056 units valued at $20,860,689 from 22 securities changing hands on Wednesday.
The market activity resulted in The JSE All Jamaican Composite Index declining 1,614.44 points to close at 303,947.39 and the JSE Index falling 1,470.94 points to 276,930.44 at the close.  .
Trading ended with an average of 182,232 units for an average of $4,369,171 in contrast to 39,457 units for an average of $948,213 on Wednesday. The average volume and value for the month to date amounts to 132,613 units valued at $3,067,560 and previously, 127,855 units valued at $2,927,387. In contrast, November closed with average of 349,084 units at an average of $5,801,440 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 lower offers.
Proven Investments US ordinary share traded in the US dollar market, with 2,450 units changing hands in closing at 23 US cents, with the JSE USD Equities Index closing unchanged at 174.66. JMMB Group 6% US dollar preference share ended trading at US$1.20, with 290 units trading and resulted in value of US$912 traded in the market.
The major movers at the close, are Berger Paints rising $1.50, JMMB Group jumped $1.92 while trading 3,063,904 units, NCB Financial Group shedding 99 cents, PanJam Investments dropping $5 while Caribbean Cement rose 99 cents, Sagicor Group rose 85 cents, while Scotia Group rose $1.85.

For more details of market activities see – “Rising stocks edge out falling ones.”

Big jump in JSE main market – Wednesday

Trading on the Main Market of the Jamaica Stock Exchange closed on Wednesday with a big rise in the market indices as investors continue shaking off the sell-off leading up to the four Initial Public Offers that were on the market and closed last week and earlier this week.
The market activity resulted in a surge of 2,953.90 points in the JSE All Jamaican Composite Index to close at 305,561.83 while the JSE Index jumped 2,691.33 points 278,401.38 at the close of a moderate day of market activity.
At the close of the market, 22 securities changing hands, securities changing hands, 11 advanced, 5 declined and 5 traded firm with 868,056 units valued at $20,860,689 compared to 1,747,498 units valued at $52,030,701 from 22 securities changing hands on Tuesday.
Trading ended with an average of 39,457 units for an average of $948,213 in contrast to 79,432 units for an average of $2,365,032 on Tuesday. The average volume and value for the month to date amounts to 127,855 units valued at $2,927,387 and previously, 137,727 units valued at $3,179,073. In contrast, November closed with average of 349,084 units at an average of $5,801,440 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.
Proven Investments US ordinary share was the sole trade in the US dollar market, with 3,925 units valued at over US$903 changing hands in closing at 23 US cents, with the JSE USD Equities Index closing unchanged at 174.66.
The major movers at the close, are Berger Paints rising $1.50, JMMB Group rising 97 cents, Mayberry Investments rising 82 cents, PanJam Investment jumping $3.50 while Caribbean Cement fell $1.21, Grace Kennedy with a loss of $1, Sagicor Group falling $1.85, while Scotia Group lost 90 cents.

For more details of market activities see – “Stocks rise in moderate trading.”

JSE majors head higher – Tuesday

Sagicor Group gaining $1.70.

Trading on the Main Market of the Jamaica Stock Exchange closed on Tuesday with the JSE All Jamaican Composite Index climbing 1,009.83 points to close at 302,607.93 and the JSE Index rising 920.06 points to close at 275,710.05.
At the close of the market, 22 securities changing hands, 8 advanced, 5 declined and 7 traded firm with 1,747,498 units valued at $52,030,701 compared to 3,390,479 units valued at $79,727,658 from 23 securities changing hands on Monday.
Trading ended with an average of 79,432 units for an average of $2,365,032 in contrast to 147,412 units for an average of $3,466,420 on Monday. The average volume and value for the month to date amounts to 137,727 units valued at $3,179,073 and previously, 145,056 units valued at $3,297,675. In contrast, November closed with average of 349,084 units at an average of $5,801,440 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 6 stocks ended with bids higher than their last selling prices and 2 with lower offers.
Proven Investments US ordinary share was the sole trade in the US dollar market, with 37,090 units valued at $8,531, changing hands in closing 0.50 cents lower to 23 US cents. Trading led to the JSE USD Equities Index declining 2.29 points to close at 174.66.
The major movers at the close, are Berger Paints rising 95 cents, Sagicor Group gaining $1.70, JMMB Group falling 98 cents, while Scotia Group lost $1 and Seprod fell by $2.52.

For more details of market activities see – “Rising stocks beat out decliners.”

JSE main market drops – Monday

Trading on the Main Market of the Jamaica Stock Exchange ended with the JSE All Jamaican Composite Index declined by 2,600.36 points to close at 301,598.10 and the JSE Index declined by 2,369.22 points to close at 274,789.99.
The market finished on Monday with 23 securities changing hands, 6 advanced, 10 declined and 6 traded firm with 3,390,479 units valued at $79,727,658 compared to 581,428 units valued at $23,062,993 on Friday from 16 securities changing hands.
Trading ended with an average of 147,412 units for an average of $3,466,420 in contrast to 36,339 units for an average of $1,441,437 on Friday. The average volume and value for the month to date amounts to 145,056 units valued at $3,297,675 and previously, 144,699 units valued at $3,267,354. In contrast, November closed with average of 349,084 units at an average of $5,801,440 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 4 stocks ended with bids higher than their last selling prices and 3 with lower offers.
Proven Investments US ordinary share was the sole trade in the US dollar market, with 100,000 units valued at US$23,485 changing hands in closing 2 cents higher to 23.5 US cents, with the index rising 4.06 points to 176.96.
The major movers at the close, are Berger Paints falling $2.45, NCB Financial jumping $2.50 following last Friday’s announcement of a bid to acquire majority shares in Guardian Holdings, Sagicor Group fell $3.30 in trading 1,594,318 units, while Scotia Group rose $1.
For more details of market activities see report – Falling prices dominant for JSE major – Monday

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JSE main market falls back – Thursday

Investors chopped $1.65 off the price of NCB Financial on Thursday.

Trading on the Main Market of the Jamaica Stock Exchange closed on Thursday with 21 securities changing hands, compared to 25 on Wednesday but the market indices fell back with stocks rising edging out those that fell.
By the close the JSE All Jamaican Composite Index fell 954.19 points to 303,596.51 and the JSE Index declined by 869.38 points to 276,610.75 as the prices of 9 stocks advanced, 6 declined and 4 traded firm resulting in 714,979 units valued at $14,275,297 trading, compared to 9,894,407 units valued at $132,996,713 on Wednesday.
Trading ended with an average of 34,047 units for an average of $679,776 in contrast to 412,267 units for an average of $5,541,530 on Wednesday. The average volume and value for the month to date amounts to 230,246 units valued at $4,248,014 and previously, 227,449 units valued at $4,185,528. In contrast, November closed with average of 349,084 units at an average of $5,801,440 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 4 with lower offers.
Proven Investments US ordinary share was the sole trade in the US dollar market, with 8,125 units changing hands in closing 1 cent lower to 22 US cents, with the index slipping 1.77 points to 172.8 and JMMB Group 6% US preference share traded 1,210 units at $1.15.
The major movers at the close, are Berger Paints with a rise of $2.45, Grace Kennedy with a rise of $1, followed by a rise of $1.40, JMMB Group falling by $1 and NCB Financial, down $1.65.
For more details of market activities see report –  9 JSE stocks rise 6 fall – Thursday.