Jamaican stocks retreat from record

JSE indx 11-16 The main market of the Jamaica Stock Exchange closed down on Thursday after hitting a new record on Wednesday. The All Jamaica Composite Index dropped 1,569.85 points to close at 189,153.12, bringing the year to date gains to 13 percent. The JSE Market Index fell 1,403.72 points to finish at 170,178.32 and the JSE combined index declined 1,147.57 points to end at 183,032.25 with a gain for the year to date of 15.6 percent.
At the close 18,462,121 units valued at $230,990,500 changed hands, compared to 6,616,334 units valued at $97,621,824 changing hands on Wednesday. The junior market accounted for 11,250,424 units trading valued at $76,439,888 of the stocks traded.
The average trade for the day in the main market ended at 277,373 and 229,873 month units to date. On Wednesday, an average of 186,716 units traded and 182,374 month to date. The average for the October was 220,811 units.
ICI JSE sum 10-11-16The market closed with 42 securities trading as the prices of 9 gained while 17 declined in the overall market, including 4 stocks rising and 7 falling, in the junior market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 10 stocks with bids higher than their last selling prices and just 1 with a lower offer.
In market activity, Barita Investments fell 10 cents in trading 122,337 units to close at $4, Berger Paints traded 49,519 shares to end at $6.25 after rising 2 cents, Cable & Wireless rose 3 cents and closed at 85 cents with 56,000 units trading. Caribbean Cement had just 10,748 units changing hands to close at $30, Carreras traded 1,980 shares to end at $65.50, Grace Kennedy climbed 46 cents in trading 50,947 units at $41.45, Jamaica Broilers gained 50 cents and closed at $14.50 with 241,400 shares changing ownership, Jamaica Producers lost 4 cents in trading 994,195 shares at $8.20. Jamaica Stock Exchange fell 30 cents, ending at $5.70 after trading 213,422 shares, JMMB Group traded 6,000 shares to end at $13.70, Kingston Properties traded 6,000 shares and closed at $10. ICI -JSE fn Qts 10-11-16Margaritaville Turks traded 1,629,049 shares to close at 22.01 US cents, after declining by 2.5 cents, National Commercial Bank ended with the trading of 49,275 shares to close at $45.50, Pan Jamaican Investment closed at $23.70 after trading 2,751,998 shares, Pulse Investments traded at $3 with 50,000 units changing owners. Radio Jamaica closed unchanged at $1.50 with 16,593 shares trading, Sagicor Group had 678,392 shares changing hands and rose 5 cents to close at $23.95, Scotia Group slipped 49 cents in trading 43,593 shares to close at $31.30, Seprod fell 50 cents in trading 14,051 shares to end at $28. Supreme Ventures lost 20 cents trading 2,000 shares to close at $4.80, Proven Investments traded 121,922 units slipping slightly to close at 19.9 US cents and Jamaica Money Market Brokers 7.5% preference share, traded 92,320 units to close at $2.10.

JSE all Jamaican closes at record 190,723

 NCB closed at a new high on Wednesday.

NCB closed at a new high on Wednesday.

The main market of the Jamaica Stock Exchange surged to a new record high on Wednesday, with the All Jamaica Composite Index surging 2,251.17 points to close at 190,722.97, bringing the year to date gains to 14 percent. The JSE Market Index climbed 2,012.95 points to finish at 171,582.04 and the JSE combined index jumped 2,435.87 points to end at 184,449.82 with a gain for the year to date of 16.5 percent.
At the close 6,616,334 units valued at $97,621,824 changed hands, compared to 7,411,988 units valued at $113,469,413 changing hands on Tuesday. The junior market accounted for 1,948,431 units trading valued at $13,610,614 of the stocks traded.
ICI JSE sum 9-11-16 The average trade for the day in the main market ended at 186,716 and 182,374 month to date units. On Tuesday, an average of 255,960 units traded and 178,031 month to date. The average for the October was 220,811 units.
The market closed with 37 securities trading as the prices of 16 gained while 10 declined in the overall market, including 4 stocks rising and 3 falling, in the junior market. Three stocks in the overall market, traded at new highs.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 8 stocks with bids higher than their last selling prices and 3 with lower offers.
In market activity, Barita Investments traded 10,750 units and to close at $4.10, Berger Paints traded 10,285 shares to end at $6.23 after rising 23 cents, Cable & Wireless lost 6cents and closed at 82 cents with 1,036,093 units trading. Caribbean Cement fell 85 cents with just 6,940 units changing hands to close at $30, Carreras traded 3,500 shares and rose 30 cents to end at $65.50, Grace Kennedy climbed 94 cents in trading 32,059 units at $40.99, Jamaica Producers gained 9 cents in trading 30,000 shares at $8.24. JMMB Group traded 2,054 shares and lost 10 cents, to end at $13.70, Jamaica Stock Exchange dived $2, ending at $6 after trading 89,061 shares,ICI -JSE fn Qts 9-11-16 Kingston Properties traded 29,600 shares and closed at $10. Margaritaville Turks traded 85,200 shares to close at a 52 weeks’ high of 24.50 US cents, after rising by 0.50 cent, National Commercial Bank rose 1 cent in trading 104,502 shares to close at a new 52 weeks’ closing high of $45.50, Pan Jamaican Investment gained 40 cents and closed at $23.70 after trading 2,700,060 shares, Sagicor Group had 21,526 shares changing hands and rose 48 cents to close at $23.90. Scotia Group climbed 59 cents in trading 60,823 shares to close at $31.79, Seprod fell $1.50 in trading 20,949 shares to end at $28.50, Supreme Ventures traded 147,357 shares to close at $5. Proven Investments traded 172,995 units and rose 1 cent to close at 20 US cents and Jamaica Money Market Brokers 7.25% preference share traded 80,000 units to close at $2.40.

All Jamaican jumps to new high of 190,500

Gains in Scotia Group, Sagicor and Grace Kennedy pushed the main market into record territory in the morning session on Wednesday with the Jamaica Stock Exchange all Jamaica index is trading in record territory having jumped 2,148 points ahead of 10:30am before slipping slightly lower.
The Jamaica Stock Exchange share price fell back to the just above the pre-split price in early trading as the stock traded 80,061 units down to $6 but was on offer at $5.60 with 7,916,373 units on offer at $5.60 after it traded earlier at $8.01. Bids for the stock are not strong at the moment.
ICI int -9-11-16The all Jamaica Composite Index jumped 2,032.43 points to 190,504.23, the Jamaica Stock Exchange Market Index climbed 1,817.35 points to 171,386.44, the Jamaica Stock Exchange combined index surged 2,119.66 points to close at 184,133.61 and the junior market index gained 42.27 points to 2,452.23.
In trading, Cable & Wireless fell 6 cents to 82 cents with 794,910 units changing hands, in response to improved third quarter results showing just $200 million in losses with revenues climbing 15 percent for the September quarter to $6.5 billion. National Commercial Bank had 80,000 units changing hands at $45.50, Scotia Group traded 39,423 and rose to $32.35 and Jamaica Money Market Brokers 7.25% preference share traded 80,000 units at $2.40 and Proven Investments traded 172,850 shares at 19.99 US cents.
At 10:30 am, a total of 20 securities traded, resulting in a volume of 1,424,992 shares changing hands carrying a value of $9,572,892, compared to 1,690,058 shares changing hands carrying a value of $15,277,557, on Tuesday.
The average number of shares traded amounts to 71,250 units compared to 76,821 on Tuesday. Market activity resulted in 8 stocks falling while the prices of 8 securities rose.

More JSE stocks rise than fall

JSE frnt 4 The main market of the Jamaica Stock Exchange retreated for the second day in a row on Tuesday, with the All Jamaica Composite Index falling 395.03 points to close at 188,471.80, bringing the year to date gains to 12.6 percent. The JSE Market Index dived 353.23 points to finish at 169,569.09 and the JSE combined index dropped 1,072.17 points to end at 182,013.95 with a gain for the year to date of 15 percent.
At the close 7,411,988 units valued at $113,469,413 changed hands, compared to 2,406,886 units valued at $45,582,046 changing hands on Monday. The junior market accounted for 1,268,960 units trading valued at $6,437,908 of the stocks traded.
The average trade for the day in the main market ended at 255,960 and 178,031 month to date units. On Monday, an average of 71,224 units traded with the average for the month to date being 100,103 units. The average for the October was 220,811 units.
ICI JSE sum 8-11-16The market closed with 41 securities trading as the prices of 12 gained while 15 declined in the overall market, including 4 stocks rising and 5 falling, in the junior market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 12 stocks with bids higher than their last selling prices and 1 with a lower offer.
In market activity, Barita Investments declined by 25 cents in trading 18,400 units and closed at $4.10, Berger Paints traded 77,214 shares to end at $5.90 after falling 15 cents, Cable & Wireless gained 2 cents and closed at 88 cents with 163,017 units trading. Caribbean Cement jumped $1.85 with 6,885 units changing hands, to close at $30.85, Carreras traded 20,710 shares to end at $65.20. Grace Kennedy lost 95 cents in trading 971 units at $40.05, Jamaica Broilers lost 10 cents and closed at $14 with 7,376 shares changing ownership, Jamaica Producers lost 9 cents in trading 7,329 shares to close at $8.15, Jamaica Stock Exchange ended at $8 after trading 361,145 shares. JMMB Group traded 17,000 shares and lost gained 56 cents, to end at $13.80,ICI -JSE fn Qts 8-11-16 Kingston Wharves traded 306,116 shares and rose 3 cents, to close at $17.20, Mayberry Investments gained just 1 cent and ended with 9,065 shares trading at the close at $4, National Commercial Bank traded 15,581 shares to close at $45.49. Trading in 138 Student Living, ended with 56,583 shares changing hands to close with a rise of 50 cents at $5.50, Radio Jamaica closed at $1.45 with 50,000 shares trading, Sagicor Group had 3,344,598 shares changing hands and fell 43 cents to close at $23.42. Scotia Group fell 35 cents in trading 58,464 shares to close at $31.20, Scotia Investments traded 41,821 shares to close at $30, Seprod jumped $5.85 in trading 219,639 shares to end at 52 weeks’ high of $30, Supreme Ventures traded 1,320,818 shares to close at $5 and Proven Investments traded 20,556 units at 19 US cents, up 1.25 cents.

New record close for Jamaican stocks

JSE indx 11-16The main market of the Jamaica Stock Exchange that retreated sharply on Thursday, recovered the loss and went on the record a new high, with the All Jamaica Composite Index surging 3,719.22 points to close at an all-time high of 189,308.34, bringing the year to date gains to 13.1 percent.
The JSE Market Index jumping 3,325.66 points to finish at a record 170,317.11 and the JSE combined index climbed sharply by 2,931.21 points up to end at new high of 183,141.71 pushing the gains for the year to date to 15.7 percent.
At the close 3,671,278 units valued at $37,632,036 changed hands, compared to 3,333,891 units valued at $23,300,182 changing hands on Thursday. The junior market accounted for 1,625,906 units trading valued at $9,305,449 of the stocks traded.
The average trade for the day in the main market ended at 78,668 and month to date 128,982 units. On Thursday, an average of 330,400 units traded. ICI JSE sum 4-11-16The average for the October was 220,811 units.
The market closed with 40 securities trading as the prices of 15 gained while 8 declined in the overall market, including 7 stocks rising and 2 falling, in the junior market. A number of attempts to trade Jamaica Stock Exchange were blocked, with the bids posted for most of the day, based on the pre-split price and not on the new number of shares emanating from the 5 to 1 split that became effective on Friday.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 17 stocks with bids higher than their last selling prices and 5 with lower offers.
In market activity, Barita Investments traded 11,000 units and declined 5 cents to close at $4.35, Berger Paints traded 5,000 shares to end at $6.55 after rising 50 cents, to close at a new 52 weeks’ high, Cable & Wireless closed at 85 cents with 765,410 units trading. Caribbean Cement jumped $1.46 with just 200 units changing hands to close at $30.46, Carreras traded 22,791 shares to end at $65. Grace Kennedy lost 5 cents in trading 12,984 units at $41.45,ICI -JSE fn Qts 4-11-16 JMMB Group traded 16,889 shares and lost 20 cents, to end at $14, Kingston Wharves traded 1,735 shares and closed at $17.19, Mayberry Investments rose 35 cents and ended with 2,734 shares trading at the close at $4. National Commercial Bank rose 26 cents in trading 12,030 shares to close at a new 52 weeks’ high of $45.25, Pan Jamaican Investment lost 20 cents and closed at $22.80 after trading 298,100 shares, Sagicor Group had 1,130 shares changing hands and rose 68 cents to close at $23.18. Scotia Group climbed $1.35 in trading 496,267 shares to close at $32.40, Seprod traded 2,000 shares to end at $24.15, Proven Investments traded 34,300 units at 19.90 US cents and Sterling Investments rose $1.45 cent and traded just 300 units to close at a 52 weeks’ high of $15.50.

Jamaica’s main market in sharp retreat

Scotiabank dropped $1.93 to help rip large chunk in points off the indices.

Scotiabank dropped $1.93 to help rip large chunk in points off the indices.

The main market of the Jamaica Stock exchange retreated sharply on Thursday with the All Jamaica Composite Index dropping 2,885.94 points to close at 185,589.12, bringing the year to date gains to 10.9 percent. The JSE Market Index dived 2,580.55 points to finish at 166,991.45 and the JSE combined index collapsed 2,311.22 points to end at 180,210.50 and gained at 13.9 percent for the year to date.
At the close 3,333,891 units valued at $23,300,182 changed hands, compared to 8,751,466 units valued at $70,052,498 changing hands on Wednesday. The junior market accounted for 2,322,147 units trading valued at $11,077,945 of the stocks traded.
ICI JSE sum 3-11-16 The average trade for the day in the main market ended at 330,400 and month to date 312,605 units. On Wednesday, an average of 294,810 units traded. The average for the October was 220,811 units.
The market closed with 34 securities trading as the prices of 11 gained while 10 declined in the overall market, including 4 stocks rising and 2 falling, in the junior market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 12 stocks with bids higher than their last selling prices and 5 with lower offers.
In market activity, Berger Paints traded 5,670 shares to end at $6.05 after rising 5 cents, Cable & Wireless rose 1 cent to close at 85 cents with 152,000 units trading. Caribbean Cement dropped $1.85 with 250 units changing hands to close at $29, Carreras traded 1,655 shares to end at $66. Grace Kennedy lost 25 cents in trading 13,630 units at $41.50, ICI -JSE fn Qts 3-11-16Jamaica Broilers closed at $14.50 with 175,869 shares changing ownership, Jamaica Producers gained 10 cents to end at $8.30 with 71,668 units trading, Jamaica Stock Exchange rose 48 cents and ended at $27.98 while trading 29,463 shares. JMMB Group traded 23,167 shares and rose 21 cents, to end at $14.20, Kingston Wharves traded 2,600 shares and lost 31 cents to close at $17.19, Mayberry Investments ended with 19,020 shares trading at $3.65, National Commercial Bank rose 49 cents in trading 5,915 shares to close at $44.99. Pan Jamaican Investment lost 15 cents and closed at $23 after trading 165,986 shares, Sagicor Group had 64,289 shares changing hands and dropped $1 to close at $22.50. Scotia Group dived $1.93 in trading 5,200 shares to close at $31.05, Seprod traded 9,110 shares to end at $24.15, Proven Investments traded 5,215 units at 19.90 US cents and JMMB Group 7.50% preference shares fell 1 cent and traded 235,175 units at $1.08.

Jamaican stocks jump 3,000 points to record

Sagicor Group jumped $1.50 and helped push JSE to a new record on Wednesday.

Sagicor Group jumped $1.50 and helped push JSE to a new record on Wednesday.

The main market of the Jamaica Stock exchange surged with the All Jamaica Composite Index adding 3,761.75 points to close at a new high of 188,475.06 bring the year to date gains to 12.6 percent. The JSE Market index, the Select Index and the Composite index all closed at new all-time highs as well, erasing the previous high on October 11.
Helping to move the index up were a $3.35 jump in Caribbean Cement, 80 cents gain in National Commercial Bank, a gain of $1.50 in Sagicor Group and $1.48 in Scotia Group.
The JSE Market Index jumped 3,363.67 points to finish at 169,572.00 and the JSE combined index blasted 3,330.80 points up, to end at 182,521.72 and gained 15.3 percent for the year to date.
At the close 8,751,466 units valued at $70,052,498 changed hands, compared to 8,941,559 units valued at $145,848,058 changing hands on Tuesday. The junior market accounted for 521,462 units trading valued at $7,467,867 of the stocks traded.
ICI JSE sum 2-11-16 The average trade for the day in the main market ended at 330,400 and month to date 312,605 units. On Tuesday, an average of 294,810 units traded. The average for the October was 220,811 units.
The market closed with 43 securities trading as the prices of 19 gained while 9 declined in the overall market, including 6 stocks rising and 4 falling, in the junior market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 15 stocks with bids higher than their last selling prices and 4 with lower offers.
In market activity, Barita Investments lost 5 cents in trading 3,200 units to close at $4.40, Berger Paints traded 7,068 shares to end at $6 after rising 14 cents, Cable & Wireless lost 1 cent to close at 84 cents with 94,486 units trading. Caribbean Cement recovered $3.35 with 10,094 units changing hands to close at $30.85, Carreras traded 57,910 shares and jumped 40 cents to end at $66. Grace Kennedy lost 24 cents in trading 18,701 units at $41.75, Jamaica Producers gained 1 cent to end at $8.20 with 33,536 units trading,ICI -JSE fn Qts 2-11-16r Jamaica Stock Exchange rose 26 cents and ended at $27.50 while trading 41,833 shares. JMMB Group traded just 670 shares and rose 49 cents to end at $13.99, Kingston Wharves traded 6,740 shares to close at $17.50, Mayberry Investments fell 23 cents and ended with 34,383 shares trading at $3.65, National Commercial Bank rose 80 cents in trading 28,240 shares to close at $44.50. Radio Jamaica gained 5 cents and closed at $1.45 after trading 5,000 shares, Sagicor Group had 77,084 shares changing hands and jumped $1.50 to close at $23.50. Scotia Group jumped $1.48 in trading 438,863 shares to close at $32.98, Supreme Ventures traded 7,196,635 shares to end at $5, Proven Investments traded 88,291 units at 19.89 US cents down from 20 US cents and JMMB Group 7.50% preference shares rose 1 cent and traded 80,500 units at $1.09.

Cement drops $3.50 gets support at $27.50

 Carib Cement dived $3.50 to end at $27.50, in response to losses  in Q3.

Carib Cement dived $3.50 to end at $27.50, in response to losses in Q3.

Caribbean Cement fresh from landing investors with unexpected results for the September quarter sank in trading on Tuesday to $27.50 with a fall of $3.50 with 112,738 units changing hands as some support exists around the closing price level.
The main market indices of the Jamaica Stock Exchange lost grounds on Tuesday with the all Jamaica Composite Index dropping 616.14 points to 184,713.31. The JSE Market Index dived 550.94 points to finish at 166,208.33 and the JSE combined index declined 488.83 points to end at 179,190.92 and gained at 13.5 percent for the year to date.
At the close 8,941,559 units valued at $145,848,058 changed hands, compared to 5,240,652 units valued at $17,874,079 changing hands on Monday. The junior market accounted for 981,688 units trading valued at $4,566,702 of the stocks traded.
The average trade for the day in the main market ended at 294,810 units. On Monday, an average of 189,771 units, compared to an average for the October of 220,811 units.
ICI JSE sum 1-11-16The market closed with 42 securities trading as the prices of 13 gained while 16 declined in the overall market, including 4 stocks rising and 5 falling, in the junior market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 13 stocks with bids higher than their last selling prices and 7 with lower offers.
In market activity, Barita Investments traded 5,500 units to close at $4.45, Berger Paints traded 18,408 shares to end at $5.86 after falling 14 cents, Cable & Wireless closed at 85 cents with 48,236 units trading. Carreras traded 13,438 shares and shed 6 cents to end at $65.60. Trading in 1834 Investments resulted in 5,241 shares changing hands with a rise of 2 cents at $1.27, Grace Kennedy gained 49 cents and traded 122,011 units at $41.99, Jamaica Broilers fell 1 cent and closed at $14.50 with 5,002,886 shares switching owners. ICI -JSE fn Qts -11-16Jamaica Stock Exchange lost 26 cents and ended at $27.24 while trading 26,872 shares, JMMB Group traded 85,795 shares and rose 20 cents to end at $13.50, Kingston Wharves traded 2,700 shares to close at $17.50,Mayberry Investments fell 12 cents and ended with 129,368 shares trading at $3.88, National Commercial Bank traded 93,037 shares to close at $43.70. Pan Jamaican Investments lost 29 cents and closed at $23 after trading 54,650 shares, Sagicor Group had 53,525 shares changing hands and lost 90 cents to close at $22, Sagicor Real Estate Fund traded 6,000 shares to close at $10.25 after rising 5 cents. Scotia Group traded 1,290,387 shares to close at $31.50, Seprod lost 85 cents in trading 62,825 shares to end at $24.15, Proven Investments traded 290,126 units at 20 US cents up from 19.90 US cents and JMMB Group 7.50% preference shares traded 506,000 units at $1.08.

Jamaican stocks drop on Monday

Caribbean Cement lost $2 after positing a loss in Q3.

Caribbean Cement lost $2 after positing a loss in Q3.

The main market indices of the Jamaica Stock Exchange lost grounds on Monday with the all Jamaica Composite Index dropping 1,510.34 points to 185,329.45. The JSE Market Index dived 1,350.50 points to finish at 166,759.27 and the JSE combined index declined 1,188.78 points to end at 179,679.75 and gained at 13.5 percent for the year to date.
At the close 5,240,652 units valued at just $17,874,079 changed hands, compared to 9,303,791 units valued at $32,857,021 changing hands on Friday. The junior market accounted for 865,115 units trading valued at 3,986,807 of the stocks traded.
The average trade for the day in the main market ended at 189,771 units, compared to an average for the month to date of 220,811 units. On Friday, an average of 337,427 units, compared to an average for the month to date of 251,850.
ICI -JSE sum -31-10-16The market closed with 35 securities trading as the prices of 17 gained while 9 declined in the overall market, including 6 stocks rising and 1 falling, in the junior market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 20 stocks with bids higher than their last selling prices and 4 with lower offers.
In market activity, Barita Investments traded 25,000 units and gained 5 cents to close at $4.45, Cable & Wireless rose 5 cents to close at 85 cents with 100,000 units trading. Caribbean Cement traded 92,177 shares but dropped $2 to close at $31, after the company reported a loss of $81 million in the third quarter partially as a result of closure of its plant for upgrading. Trading in 1834 Investments resulted in 3,344,179 shares changing hands at $1.25, Jamaica Broilers gained 31 cents and closed at $14.51 with 22,132 shares switching owners. Jamaica Producers lost 1 cent to end at $8.19 with 154,746 units trading, ICI -JSE fn Qts -31-10-16Jamaica Stock Exchange rose 50 cents and ended at $27.50 while trading 22,004 shares. JMMB Group traded 6,359 shares and rose 5 cents to end at $13.30, Kingston Wharves traded 81,500 shares to close at $17.50 after gaining 50 cents, Mayberry Investments fell 37 cents and ended with 11,938 shares trading at $4, National Commercial Bank traded 13,471 shares to close with a fall of $1.29 at $43.70. Pan Jamaican Investments gained 79 cents and closed at $23.29 after trading 5,887 shares, Sagicor Group had 9,320 shares changing hands and lost 30 cents to close at $22.90, Sagicor Real Estate Fund traded 158,087 shares to close at $10.20 after losing 3 cents. Scotia Group gained 98 cents in trading 2,985 shares to close at $31.50, Seprod traded 13,414 shares to end at $25, Proven Investments traded 5,820 units at 19.90 US cents down from 19.50 US cents and JMMB Group 7.50% preference shares traded 290,100 units at $1.08.

Jamaican stocks jump on Friday

Bulls in cautious run on Jamaican stocks

Bulls in cautious run on Jamaican stocks

The main market indices of the Jamaica Stock Exchange made good gains on Friday with the all Jamaica Composite Index jumping 1,541.96 points to 186,839.79. The JSE Market Index climbed 1,378.78 points to finish at 168,109.77 and the JSE combined index surged 1,558.73 points to end at 180,868.53 and gained at 14 percent for the year to date.
At the close 9,303,791 units valued at $32,857,021 changed hands, compared to 4,739,909 units valued at $93,941,257 changing hands on Thursday. The junior market accounted for 865,115 units trading valued at 3,986,807 of the stocks traded.
The average trade for the day in the main market ended at 337427 units, compared to an average for the month to date of 251,850 units. On Thursday, an average of 153,615 units, compared to an average for the month to date of 166,273.
ICI -JSE sum -28-10-16The market closed with 41 securities trading as the prices of 14 gained while 12 declined in the overall market, including 5 stocks rising and 5 falling, in the junior market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 16 stocks with bids higher than their last selling prices and 4 with lower offers.
In market activity, Cable & Wireless fell 4 cents to close at 80 cents with 2,532,420 units trading, Caribbean Cement traded 10,683 shares and rose 95 cents to close at $33, Carreras closed at $66 with 2,395 units changing hands. Grace Kennedy closed trading with 5,934 shares changing hands at $41.50, Jamaica Broilers lost 5 cents and closed at $14.20 with 54,684 shares switching owners. Jamaica Producers climbed 70 cents at $8.20 with 1,334,480 units trading, Jamaica Stock Exchange lost 39 cents and ended at $27 while trading 27,348 shares. Kingston Wharves traded 15,756 shares to close at $17, Mayberry Investments rose 27 cents and ended with 136,370 shares trading at $4.37,ICI -JSE fn Qts -28-10-16National Commercial Bank traded 25,250 shares to close with a rise of 99 cents at $44.99, Pan Jamaican Investments lost 50 cents and closed at $22.50 after trading 2,876 shares. Radio Jamaica had 3,993,107 units changing hands to end at $1.50. Sagicor Group had 109,976 shares changing hands and gained 45 cents to close at $23.20, Sagicor Real Estate Fund traded 75,341 shares to close at $10.23 after rising 23 cents, Scotia Investments traded 30,000 shares to close at $30, Seprod traded 8,250 shares with the price rising 90 cents to end at $25. Sterling Investments lost 74 cents in trading 7,500 units to close at $14.25, Supreme Ventures traded 15,200 units at $5 after falling 15 cents and Proven Investments traded 46,050 units at 19.50 US cents down from 19.80 Units.