In Wednesday’s trading on the Jamaica Stock Exchange the prices of only 4 stocks rose while 6 declined as 19 securities trading resulting in a mere 733,340 shares changing hands valued at only $8,925,530. The main market Indices rose and the IC Indicator was more positive than on Tuesday and may be signalling the usual summer rally following what traditionally tends to be a soft market after results are in for the First quarter of each year.
Main Market|The JSE Market Index rose by 741.85 points to 70,240.98 and the JSE All Jamaican Composite index climbed 829.52 points to close at 77,250.38.
Gains| Stocks recording gains at the end of trading in the main market are Grace Kennedy with 76,220 shares changing hands with the price closing with a gain of 5 cents to $54, National Commercial Bank with 21,595 units with a 50 cents gain to close at $19 and Sagicor Group with 176,980 shares to close up by 20 cents to close at $9.
Firm| There were only stocks in the main market to close without a change in price are Jamaica Producers with 15,187 shares to close at $15.60, traded, Mayberry Investments with 11,492 units and closed at $1.45, Pan Jamaican Investment 4,348 closed at $48.01 and Scotia Group closed at $19 with 22,069 shares.
Declines| The number of stocks that declined in the main market are Barita Investments with 3,000 lost a cent to end at $2.33, Carreras with 2,500 units lost 5 cents to close at $33.95, Jamaica Broilers 75,873 shares resulted in 13 cents decline to end at $4.57 and Sagicor Real Estate Fund closed with 21,156 units changing hands as the price lost 8 cents to end at $6.
Preference| Jamaica Money Market Brokers7.50% preference share traded only 434 units to close at $2, Proven Investments 8% preference share traded 30,000 units to close at $5 and Access Financial 9% Unsecured Short Term Notes traded 5,000 units at $101 each. Jamaica Money Market Brokers 8.75% preference share traded 175,017 units at a cent lower to end at $3.02.
Junior Market| The JSE Junior Market Index inched up by 1.61 points to close at 709.12 as only stocks of 4 companies traded with one advancing and one declining.
Gains| Only Lasco Distributors gained at the end of trading in the junior market with 44,402 units to close with a 2 cents gain at $1.20.
Firm Trades| Stocks in the junior market stocks that traded to close at the same price as the trading day before are Dolphin Cove with 684 shares to close $8.51 and Lasco Financial with 2,750 shares at $1.
Declines| The only stock declining in the junior market at the end of trading is Jamaican Teas with 44,633 shares to close with a 5 cents loss at $3.25.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 9 stocks with the bid higher than the last selling price and 5 stocks with offers that were lower.
Market Advances with moderate trading
Pick up in market activity
Trading picked up over Mondays levels in Tuesday’s trading on the Jamaica Stock Exchange with the prices of 7 stocks rising and 8 declined as 30 securities changed hands resulting in 6,769,006 shares trading valued at $93,106,961.
Main Market| The JSE Market Index inching up by 68.50 points to 69,499.13 and the JSE All Jamaican Composite index moved up 76.59 points to close at 76,420.86
Gains| Stocks recording gains at the end of trading in the main market are Caribbean Cement trading of 10,000 shares to close with a gain of 20 cents at $2.95, Carreras gained 50 cents to close at $34 with 1,100 units changing hands, Kingston Wharves with 216,216 shares as the price gained 10 cents to close at $5, National Commercial Bank with 173,550 shares to close with a gain of $1.20 at $18.50 and
Scotia Group with 428,791 units to close with a gain of 50 cents to end at $19.
Firm| The stocks in the main market to close without a change in price at the end of trading are Berger Paints with 6,161 units to close at $1.66, Cable & Wireless 856,277 shares to close at 30 cents, Desnoes & Geddes with 2,500 units to close at $4.50, Gleaner 11,000 shares in closing at $1.10, Jamaica Producers with only 2,462 units to close at $15.60, Mayberry Investments 22,846 units to close at $1.45, prior to the close the stock hit a new 52 weeks intraday low of $1.35, Radio Jamaica 9,549 units to close at $1.29, Scotia Investments with 15,950 units to close at $21.50 and Supreme Ventures 2,500 units traded to close at $1.90.
Preference| Jamaica Money Market Brokers 7.50% preference share traded 48,750 units to close at$2 and the Jamaica Money Market Brokers 8.75% preference share 558,109 units to close at $3.03.
Declines| The number of stocks that declined in the main market are Grace Kennedy with 480,829 shares valued at $25,940,725 traded to close down 5 cents at $53.95, Jamaica Money Market Brokers 62,200 units lost a cent to end at $6.65, Proven Investments traded 2,470,874 shares lost 2 US cents to close at 16 us cents, Sagicor Group with 776,336 shares lost 8 cents to end at $8.80 and Salada Foods with 1,000 shares lost 20 cents to end at $7.80.
Junior Market| The JSE Junior Market Index declined by 7.03 points to close at 707.51 as 9 stocks traded with 2 advancing and 3 declining.
Gains| Stocks recording gains at the end of trading in the junior market are Dolphin Cove with 700 units to close a gain of a cent to end at $8.51 and Jamaican Teas with just 1,383 units as the price inched up by 5 cents to end at $3.30.
Firm Trades| The stocks in the junior market stocks that traded to close at the same price as the day before are Access Financial with 6,500 units to close at $13.50, Blue Power 1,900 units to close at $9.01
Caribbean Producers with 231,000 units to close at $2.65 and Consolidated Bakeries 9,910 units to close at 80 cents.
Declines| Stocks declining in the junior market at the end of trading are with Lasco Distributors trading 7,800 shares to close 2 cents down to $1.18, Lasco Financial 153,913 shares with the price falling 7 cents to close at $1 and Lasco Manufacturing with 198,900 shares close with a 3 cents fall to $1.07.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bid higher than the last selling price and 4 stocks with offers that were lower.
Declines continue to dominate
Trading on the Jamaica Stock Exchange on Monday saw the prices of only 3 stocks rose and 8 declined as 20 securities changing hands resulting in 1,417,573 shares trading valued at $12,223,034 as the market continues to remain soft.
Main Market| The JSE Market Index fell by 310.45 points to 69,430.63 and the JSE All Jamaican Composite index lost 347.13 points to close at 76,344.27.
Gains| Stocks recording gains at the end of trading in the main market are Caribbean Cement with only 747 shares to close with a gain of 50 cents at $2.75, Jamaica Broilers with 100 units gained 13 cents to close at $4.70 and Jamaica Money Market Brokers 4,100 shares to close with a gain of a cent at$6.66.
Firm| The stocks in the main market to close without a change in price are Barita Investments with 1,780 shares closing at $2.34, Carreras with 5,000 units and closed at $33.50, Grace Kennedy with 11,646 units as the price closed at $54, Mayberry Investments 58,414 shares and closed at $1.45, Pan Jamaican Investment with a mere 377 shares at $48.01 and Proven Investments with 73,960 ordinary shares as the price closed at 18 US cents.
Declines| The number of stocks declining in the main market are Jamaica Producers with 15,287 shares as the price dropped $1.40 to end at $15.60, a new 52 weeks low, Kingston Wharves 135,850 shares while losing 10 cents to close at $4.90, a new 52 weeks low, National Commercial Bank only 10,100 units to close with a loss of $1.20 at $17.30, Sagicor Group with 395,701 shares changing hands for a 2 cent decline to $8.88 and Scotia Group with 76,490 shares as the price slipped by 51 cents to close at $18.50.
Preference| Jamaica Money Market Brokers 8.75% preference share traded with 370,000 units changing hands for a 2 cents decline to end at $3.03 and Jamaica Teas debenture note traded 10,000 units at par of $100.
Junior Market| The JSE Junior Market Index declined by 4.81 points to close at 714.54 as only 4 stocks traded with none advancing and 2 declining.
Gains| In a low trading market there were no stock recording gain at the end of trading in the junior market.
Firm Trades| Stocks in the junior market stocks that traded to close at the same price as the day before are Access Financial 107,600 shares to close at $13.50 and Lasco Distributors with 127,598 units and closed at $1.20.
Declines| Stocks declining in the junior market at the end of trading are Lasco Manufacturing with 10,000 shares changing hands for a 2 cents decline to close at $1.10 and Lasco Financial with 12,823 shares closed 8 cents lower at $1.07
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 9 stocks with the bid higher than the last selling price and 5 stocks with offers that were lower.
Declining stocks more than advancing
In Friday’s trading on the Jamaica Stock Exchange the prices of 5 stocks rose and 7 declined as 19 securities changed hands resulting in 8,662,257 shares trading, valued at $48,043,196 sparking a moderate gain in the main indices as well as the Junior market Index.
Main Market| The JSE Market Index inched up 78.18 points to 69,741.08 and the JSE All Jamaican Composite index moved up by 87.42 points to close at 76,691.40.
Gains| Stocks recording gains at the end of trading in the main market are Desnoes & Geddes with 304,463 units changing hands and the price gained 20 cents to close at $4.50, Jamaica Money Market Brokers with 4,600 shares to close with a gain of 4 cents to close at $6.65, Proven Investments with 7,700 ordinary shares to close with a gain of 0.0001 US cents to close at 18 US cents and Sagicor Group with 18,919 shares to close with a gain of 10 cents at $8.90.
Firm| The stocks in the main market to close without a change in price are Cable & Wireless which traded 609,766 shares to close at 30 cents, Gleaner with 3,759,161 shares to close at $1.10, Grace Kennedy traded 464,183 units valued at $25 million, just over half of the value of trade in the market, to close at $54, Jamaica Money Market Brokers 7.50% preference share, traded 14,400 units to close at $2 and Seprod with 234,532 units to close at $10.50.
Declines| The number of stocks that declined in the main market are Carreras with 141,077 shares, declined by 1 cent to end at $33.50, Pan Jamaican Investment 2,000 units to decline by 4 cents to end at $48.01, Sagicor Real Estate Fund 30,000 shares as the price fell by a cent to close at $6.0, Scotia Group with 11,365 units as the price drifted down by 19 cents to end at $19.01, Scotia Investments with only 2,750 units to close with a 50 cents loss at $21.50, a new 52 weeks low and Supreme Ventures with 3,051,100 shares as the price slipped 9 cents to end at $1.90.
Junior Market| The JSE Junior Market Index gained 1.25 points to close at 719.35 as 3 stocks traded with 1 advancing and 1 declining and a debenture.
Gains| The only stock recording gains at the end of trading in the junior market was Lasco Distributors with a mere 1,490 shares to close with a gain of 2 cents at $1.20.
Firm Trades| Jamaican debenture notes traded 34,000 units at par of $100 each, valued at $3,400,000 and Medical Disposables 2,000 units to close at $1.95 were the only securities in the junior market that traded to close at the same price as the prior trading day.
Declines| The only stock declining in the junior market at the end of trading is AMG Packaging with 2,751 shares to close with a loss of 20 cents at $3.10, for a new 52 weeks low.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 7 stocks with the bid higher than the last selling price and 5 stocks with offers that were lower. This suggest continued sideways movement for the market in the short term.
More stocks decline as volumes jump
In Wednesday’s trading on the Jamaica Stock Exchange the prices of 6 stocks rose and 9 declined as 29 securities traded, resulting in 22,241,794 shares changing hands valued at $382,726,202.Scotia Investments was one of the brokers that was heavily involved in sales of some of the high volume trades while Pan Caribbean was involved in major crosses for a large portion of the Sagicor Group shares that traded but Scotia Investments was also involved in selling of this stock. Proven Wealth was the broker trading the block of Proven ordinary shares that was crossed. Mayberry Investments closed at a new 52 weeks low at the end of trading.
Main Market| The JSE Market Index fell by 320.97 points to 69,940.79 and the JSE All Jamaican Composite index moved down by 358.91 points to close at 76,914.71.
Gains| Stocks recording gains at the end of trading in the main market are Ciboney with only 4,000 units to gain a cent and closed at 8 cents, National Commercial Bank with 2,072,226 shares valued at $35,858,252, closed with a 5 cents gain to $18.55, Pan Jamaican Investment with 745,000 shares with a value of $35,797,2500 closed at $48.05 for a 5 cents rise, Sagicor Group saw 9,543,413 shares changing hands worth $84,556,781 as the price closed up by 10 cents at $8.90 and Supreme Ventures with only 1,150 unis, gained 3 cents to $1.99.
Firm| The stocks in the main market to close without a change in price are Cable & Wireless with only 10,000 shares and closed at 27 cents, Caribbean Cement 10,050 units to close at $2.10, Desnoes & Geddes had 846 shares trading, to close at $4.30, Gleaner with 201,732 shares closed at $1.10, Grace Kennedy 1,561,330 shares valued at $84,411,820 to close at $54, Jamaica Broilers 838 shares closed at $4.57, Jamaica Money Market Brokers traded 99,448 units to close at $6.60, Kingston Wharves had 63,082 units changing hands as it closed at $5.05 and Radio Jamaica with 10,292 ended at $1.29.
Preference share| Jamaica Money Market Brokers 8.75% preference share with 306,100 units closed unchanged at $3.05.
Declines| The number of stocks that declined in the main market are Berger Paints with 7,863 shares as the price closed down 4 cents at $1.66, Carreras with 100 shares, closed with a decline of 5 cents to $33.95, Mayberry Investments 10,000 units, to close at $1.50, down by 15 cents for a new 52 weeks low, Proven Investments with 5,661,425 units losing 0.0001 US cents to end at 0.1799 US cents. Sagicor Real Estate Fund had only 2,100 units as the price dropped a cents to close at $6.09, Scotia Group had a big trade of 1,251,830 shares valued at $24,171,166, the price lost 10 cents to close at $19.20 and Scotia Investments with 16,353 units ended down by 90 cents, at $23.10
Junior Market| The JSE Junior Market Index declined by 0.63 points to close at 710.15 as 7 stocks traded with only one advancing and 2 declining.
Gains| General Accident Insurance was the only stocks recording gains at the end of trading in the junior market with 40,000 units as the price was up a cent at $1.37.
Firm Trades| The stocks in the junior market stocks that traded to close at the same price as the day before are Access Financial with 30,000 shares traded to close at $13.50, Blue Power with 2,452 units closed at $9.01, Medical Disposables with 3,000 shares to close at $2 and Paramount Trading 387,085 units to end at $2.68.
Declines| Stocks declining in the junior market at the end of trading are Caribbean Cream with 174,079 and closed with a decline of 5 cents to close at 70 cents and Consolidated Bakeries traded 26,000 units to close with a 2 cents fall to 80 cents.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 8 stocks with the bid higher than the last selling price and 4 stocks with offers that were lower.
Declines more than gains
In Thursday’s trading on the Jamaica Stock Exchange the prices of 4 stocks rose, 6 declined and 14 traded remained unchanged as 24 securities traded resulting in 13,949,574 shares trading valued at $90,497,198.
Main Market| 4 companies in the main market advanced and 3 declined as the indices lost ground with the JSE Market Index inching fell by 571.31 points to 72,281.01 and the JSE All Jamaican Composite index lost 638.83 points to close at 79,531.48.
Gains| Stocks recording gains at the end of trading in the main market are Cable & Wireless trading 300,000 shares to close with a gain of 5 cents at 39, Jamaica Broilers 4,019,136 shares valued at $18,899,952 and closed 5 cents higher at $4.75, Scotia Group gained 2 cents to close at $19.60 with 139,656 shares changing hands and Seprod with only 1,000 units to close up 5 cents at $10.80.
Firm| There were 8 stocks in the main market to close without a change in price Berger Paints with 3,480 shares units in closing at $1.67, Caribbean Cement 1,133 shares with the price closing at $3, Carreras with 6,295 shares to close at $35.80, Jamaica Money Market Brokers 7.50% preference share, 347,829 units in closing at $2, Proven Investments 300 shares while closing at 18US cents, Radio Jamaica 7,025 units in closing at $1.29, Scotia Investments 665 shares to close at $23.50 and Supreme Ventures 45,900 units in closing at $2.
Declines| The number of stocks that declined in the main market are Jamaica Money Market Brokers with 167,634 shares to close at $7.10 while falling 11 cents, National Commercial Bank traded 38,099 units to end at $17.56 with 24 cents fall and Sagicor Group 5,351,670 units valued at $49,768,031 to close with a 20 cents fall to $9.30.
Junior Market| The JSE Junior Market Index declined by 4.79 points to close at 731.71 as 9 stocks traded with none advancing and 3 declining.
Firm Trades| The stocks in the junior market stocks that traded to close at the same price as the day before are Access Financial with 3,005 shares to close at $12, Caribbean Cream 50,000 units in closing at 73 cents, Caribbean Flavours 1,936 shares with the price ending at $2.50, Caribbean Producers only 1,072 units in closing at $2.75, Knutsford Express with 3,019,025 shares valued at $15,577,980 to close at $5.16 and Lasco Distributors with 7,504 units in closing at $1.40.
Declines| Stocks declining in the junior market at the end of trading are Consolidated Bakeries 289,710 units to close at 80 cents for a new 52 weeks low as the price slipped by 10 cents, Lasco Financial with 43,000 units to end at $1.15 with a 10 cents decline and Lasco Manufacturing with 104,500 units to close a cent down at $1.14.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than the last selling price and 3 stocks with offers that were lower.
Main market closes week up slightly
In Friday’s trading on the Stock Exchange, the prices of 4 stocks rose and 8 declined as 24 securities traded resulting in 6,969,870 shares changing hands, valued at $58,489,956. Main Market| Only 4 companies in the main market advanced in price and 3 declined as the indices closed up with the JSE Market Index rising by 319 points to 73,381.97 and the JSE All Jamaican Composite index gaining 356.70 points to close at 80,762.55.
Gains| Stocks recording gains at the end of trading in the main market are Cable & Wireless with 17,115 units changing hands to close at 31 cents with a one cent gain, Caribbean Cement with 16,500 stock units to close at $3.55, up by 4 cents, Kingston Wharves 8,396 shares to close at$5.50 for a 50 cents gain and Scotia Investments with 2,200 shares to close up by $1 at $25.50.
Firm| The stocks in the main market to close without a change in price are Berger Paints with 50,444 shares to close at $1.67, Carreras with 3,650 stock units to close at $34.75, Grace Kennedy 2,000 stock units to close at $55, Hardware & Lumber 4,000 shares to close at $10.20, Jamaica Money Market Brokers 8.75% preference share, 145,400 units to end at $3.03, Mayberry Investments 2,761 units to close at $1.80, Pan Jamaican Investment 1,000 shares to close at $48.60, Proven Investments 900 ordinary shares to close at 18 US cents and Proven Investments 8% preference share with 5,000 units to end at $5.09.
Declines| The number of stocks that declined in the main market are Barita Investments with 52,500 shares while closing at $2 with a 30 cents fall, Jamaica Broilers 3,000,000 units and closed at $4.70 with a one cent loss and Jamaica Money Market Brokers with 231,503 ordinary shares to close at $7.30 down by 11 cents.
Junior Market| The JSE Junior Market Index declined by 5.06 points to close at 728.25 with only 6 stocks traded, none advanced and 3 declined.
Firm Trades| Stocks in the junior market that traded to close at the same price as the day before are Access Financial with 4,900 shares to end at $11.50, Dolphin Cove with 5,529 units and closed at $8.10, Paramount Trading 32,722 units to close at $2.68.
Declines| Stocks declining in the junior market at the end of trading are Caribbean Producers that traded 220,900 units to close at $2.73 down 2 cents, General Accident with 19,798 shares to close at $1.49 with a loss of a cent and Lasco Manufacturing with 16,800 stock units to close at $1.15 with a 1 cent fall.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than the last selling price and 5 stocks with offers that were lower.
Advancing stocks ahead at JSE
In Thursday’s trading on the Jamaica Stock Exchange, the prices of 9 stocks rose and 4 declined as 27 securities traded resulting in 2,717,621 shares changing hands valued at a mere $4,692,842.
Main Market| Six companies in the main market advanced and only two declined as the indices inched forward with the JSE Market Index closing up by 84.04 points to 73,062.97 and the JSE All Jamaican Composite index gaining 93.97 points to close at 80,405.85.
Gains| Stocks recording gains at the end of trading in the main market are Caribbean Cement that traded 100 shares to close with a gain of a cent, at $3.51, Desnoes & Geddes gained 10 cents to close at $4.50 with 373,319 units changing hands, Jamaica Money Market Brokers with only 322 units to close at $7.41 for a 6 cents rise, Pan Jamaican Investment with 1,819 shares to close at $48.60, up by 40 cents, Sagicor Group with 20,627 shares in closing at $9.50 for a gain of 15 cents and Scotia Group 32,000 shares in closing with a 30 cents gain at $20.
Firm| Stocks in the main market to close without a change at the close of the market are Berger Paints which traded with 7,799 units and closed at $1.67, Cable & Wireless 1,584,764 shares to close at 30 cents, Carreras 100 units to close at $34.75, Jamaica Broilers 6,669 shares to close at $4.71, Jamaica Producers 4,100 stock units, to close at $18.26, Kingston Wharves 2,000 shares to close at $5, Mayberry Investments, 12,239 shares to close at $1.80, National Commercial Bank 2,200 stock units to close at $18, Proven Investments 2,000 ordinary shares to close at 18 US cents, Proven Investments 8% preference share, 76,800 units to close at $5.09, Sagicor Real Estate Fund 4,417 units to close at $6.60 and Supreme Ventures 9,835 shares to close at $2.10.
Declines| The number of stocks that declined in the main market are Ciboney with 9,880 shares while losing 2 cents to end at 10 cents and Hardware & Lumber with 20,015 shares to close at $10.20 with a fall of $1.60.
Junior Market| The JSE Junior Market Index edged up by 0.46 points to close at 733.31 as 7 stocks traded with 3 advancing and 2 declining.
Gains| Stocks recording gains at the end of trading in the junior market are Caribbean Cream trading 70,000 units to close up a cent at 73 cents followed by Lasco Financial Services with 20,350 shares to close at $1.11 with a rise of 3 cents and Lasco Manufacturing 109,110 units to close at $1.16, with 16 cents gain.
Firm Trades| 2 junior market stocks traded with the price unchanged at the end of trading with KLE Group having 36,933 units changing hands at 93 cents and Lasco Distributors 249,100 shares to close at $1.35.
Declines| Stocks declining in the junior market at the end of trading are Cargo Handlers with 223 units at $14.01 as the price slipped by 30 cents and Caribbean Producers 60,900 shares to close at $2.75 with the price ending lower by 25 cents.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with the bid higher than the last selling price and 8 stocks with offers that were lower.
Market on rebounds
In Monday’s trading on the Jamaica Stock Exchange the market rebounded when measured by the main market indices but the junior market index slipped. At the close, the IC bid-offer Indicator was flashing a strong signal of further rebound in prices. The main market indices recorded gains as the prices of 8 stocks rose and 11 declined with 28 securities traded in both markets resulting in 53,344,226 units changing hands valued at $30,050,258. C2W Music had one trade of 50,895,843 units valued at $21.37 million.
Main Market| AT the end of trading the JSE Market Index rose by 466.57 points to 72,492.60 and the JSE All Jamaican Composite index gained 521.70 points to close at 79,768.08 as all 8 stocks to rise came from this market while 5 declined.
Gains| Stocks recording gains at the end of trading in the main market are Caribbean Cement, trading 54,218 shares to close with a gain of 10 cents at $3.60, Carreras gained 35 cents to close at $34 with 1,000 units changing hands, Grace Kennedy traded 2,306 units to close at $56.50 with 50 cents gain, National Commercial Bank closed with 26,424 shares changing hands as the price close at $18.10 with a 10 cents gain but it traded as low as $17.16 before recovering towards the end of trading. Sagicor Group exchanged 62,900 units in closing 15 cents higher at $9.15, Sagicor Real Estate Fund traded 42,500 units at 30 cents higher in closing at $6.30, Scotia Group put in only 14,288 shares to end a cent higher at $19.51 and Seprod gained 70 cents with 5,000 units to close at $11.25 after the company reported increased profit in the quarter to March with a 50 percent increase to $473 million or 77 cents per share from operating revenue increase, of only 4 percent.
Firm| The stocks in the main market to close without change in price are Jamaica Money Market Brokers 8.75% preference share with 160,000 units to close at $3.03, Mayberry Investments with 18,858 shares while closing at $1.71, Pan Jamaican Investment with 10,800 shares while closing at $48.06, Proven Investments 67,200 units to close at 18US cents and Proven Investments 8% preference share 1,850 units to close at $5.09.
Declines| The stocks that declined in the main market are Desnoes & Geddes with 35,559 units while losing a cent to end at $4.49, Jamaica Broilers 62,900 units in closing at $4.71, down 9 cents, Jamaica Money Market Brokers 13,113 shares to close at $7.30 with a cent off, Jamaica Stock Exchange 925 units in closing at $1.95 as the price eased 5 cents and Kingston Wharves 8,300 shares to close 24 cents lower at $5.75.
Junior Market| The JSE Junior Market Index declined by 10.60 points to close at 735.64 as 10 stocks traded with none recording a price gain and 6 declining.
Firm Trades| The stocks trading in the junior market to close at the same price as the day before are Access Financial with 121,400 units to close at $11.50, Caribbean Cream with 1,250 units to close at 79 cents, Consolidated Bakeries with 3,000 shares in closing at $1.10 and Lasco Distributors with 1,357,149 shares to close at $1.35.
Declines| Stocks declining in the junior market at the end of trading are AMG Packaging trading 1,000 units at $3.49 as the price slipped a cent, C2W Music with 50,895,843 shares as the price lost 3 cents to end at 42 cents, KLE Group with 138,703 as the price eased by a cent for a new 52 weeks low of 93 cents, Lasco Financial 69,751 shares at 12 cents lower to end at $1.08, Lasco Manufacturing 102,884 shares as it closed at $1.14 for a 6 cents decline and Medical Disposables with 65,105 units to close with a cent off at $2.04.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 12 stocks with the bid higher than the last selling price and 7 stocks with offers that were lower.
More losses for the market
In today’s trading on the Jamaica Stock Exchange the prices of 8 stocks rose and 9 declined as 28 securities traded resulting in 8,384,697 shares trading valued at $39,568,098 but the two main market indices fell a bit to add to the losses on Wednesday. The advance decline ratio at the close was an improvement on Wednesday’s 5 to 9.
Main Market| 6 companies in the main market advanced and 7 declined as the indices moved down with the JSE Market Index shedding 555.97 points to 73,058.32 and the JSE All Jamaican Composite index fell by 621.68 points to close at 80,400.65 just a shade from the low for 2014 of 80,359.75 reached on January 7th.
Gains| Stocks recording gains at the end of trading in the main market are Carreras that gained 8 cents to close at $33.65 with only 1,000 units changing hands, Desnoes & Geddes trading 72,966 shares to close with a gain of 20 cents at $4.30, Jamaica Money Market Brokers 73,808 ordinary shares to close at $7.30 with 3 cents gain, Jamaica Money Market Brokers 8.50% preference share 72,000 units to close up a cent at $3.51, Sagicor Group with 415,594 shares to close at $9.10 up by 20 cents and Seprod with 968 units to close at $11 with a 20 cents gain.
Firm| There were 7 stocks in the main market to close without a change in price, with Gleaner trading 548,887 shares in closing at $1.10, Jamaica Broilers with 1,030,997 shares and closed at $4.85, Jamaica Money Market Brokers 8.75% preference share with 1,104,250 units and closed at $3.03, Mayberry Investments 20,560 shares as the price closed at $1.71, Proven Investments 8% preference share, 13,100 units to end at $5.09, Radio Jamaica 10,000 shares and closed at $1.28 and Scotia Investments with 18,790 units and closed at $23.10.
Declines| The number of stocks that declined in the main market are Cable & Wireless with 2,869,910 shares in losing 5 cents to end at 35 cents, Caribbean Cement with 71,784 shares to end at $3.50 with a 50 cents fall, Grace Kennedy 51,906 shares while closing at $56, down by 50 cents, National Commercial Bank 33,961 units as the price ended at $18 with a loss of 50 cents, Pan Jamaican Investment 4,000 units, closing at $48.50 for a fall of a cent, Sagicor Real Estate Fund traded 3,464 units at $6 as it shed 50 cents and Scotia Group with 885,471 shares in closing at $20.06 for a 49 cents drop.
Junior Market| The JSE Junior Market Index declined by only 4.74 points to close at 745.65 as 8 stocks traded with 2 advancing and 2 declining.
Gains| Stocks recording gains at the end of trading in the junior market are Caribbean Producers trading 456,206 units to close at $3.10, up 10 cents and Lasco Distributors with 424,000 shares to close at $1.35 with a gain of 5 cents.
Firm Trades| Stocks in the junior market that traded to close at the same price as the day before are Access Financial with 6,000 units and closed at $11.50, Blue Power 4,000 units and closed at $9.01, General Accident Insurance 53,068 units, closing at $1.50 and Lasco Manufacturing with 77,934 shares as the price closed at $1.20.
Declines| Stocks declining in the junior market at the end of trading are Lasco Financial with 21,800 units at $1.25, down by 5 cents and Paramount Trading in trading 38,273 shares, landed at a 52 weeks low of $2.68 with a decline of 23 cents.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had only 3 stocks with the bid higher than the last selling price and 9 stocks with offers that were lower, continuing to indicate a negative market sentiment.
