Main market in consolidation mode

The Main Market of the Jamaica Stock Exchange closed moderately higher on Thursday with just 20 securities changing hands, resulting in 2,566,192 units valued at $67,621,781 traded.
At the close of trading, 4 securities advanced, 9 declined and 8 traded firm leading to the JSE All Jamaican Composite Index inched higher by 166.44 points to close at 320,626.86 and the JSE Index rose just 151.64 points to close at 292,127.34.
In the main activity, Berger Paints closed at $15, with 26,148 shares, Cable & Wireless concluded trading with a loss of 4 cents at $1.05, with 312,850 shares, Caribbean Cement finished trading at $33, with 1,166 stock units, Carreras settled at $11.50, with 301,939 units, Grace Kennedy settled with a loss of 30 cents at $42.70, with 89,708 shares. Jamaica Broilers ended trading at $18.90, with 740,517 stock units, Jamaica Producers finished trading at $15.80, with 20,982 units, Jamaica Stock Exchange ended at $7, with 3,015 shares, JMMB Group closed at $29.50, with 79,059 shares. Kingston Wharves concluded trading 10 cents higher at $32.60, with 55,930 units, Mayberry Investments finished at $5, with 400 shares, NCB Financial Group finished with a loss of $1.16 at $106.85, with 198,782 shares, PanJam Investment finished 45 cents higher at $43, with 25,550 units. Portland JSX ended trading $1.15 higher at $8.65, with 800 shares, Pulse Investments concluded trading with a loss of 10 cents at $1.80, with 400 shares, Radio Jamaica ended with a loss of 2 cents at $1.13, with 52,971 stock units, Sagicor Group finished trading with a loss of 2 cents at $37.98, with 166,163 units. Sagicor Real Estate Fund concluded trading with a loss of 20 cents at $15, with 6,100 shares, Scotia Group settled 50 cents higher at $51.50, with 168,909 stock units, Seprod closed with a loss of 99 cents at $28.01, with 2,146 units and Supreme Ventures ended trading with a loss of $1.10 at $11.90, with 313,557 shares. In the US dollar Equities market, Magaritaville ended trading 500 units at 20 US cents after dropping 10 cents and Proven Investments ordinary share traded 11,500 units at 23 US cents 23.
Prices of securities trading for the day are those at which the last trade took place.

JSE main market needs a catalyst

The Main Market of the Jamaica Stock Exchange seems to be stuck around the 320,000 points level and needs a catalyst to moving it.
NCB Financial was expected to have done so but they their full year’s results although up strongly was already baked into the price as such it never moved the market much as investors were very constrained in trading it on Friday.
In trading, 22 securities changed hands with the market indices rising moderately at the close, as 6 securities rose, 8 declined and 8 traded firm with 5,777,201 units valued at $107,680,730 trading while 2 securities traded in the US dollar market.
In the main activity, Berger Paints finished trading at $15, with 57,707 shares changing hands, Cable & Wireless closed at $1.05, with 136,005 shares, Caribbean Cement finished with a loss of $1.99 at $31.01, with 4,936 stock units trading. Carreras settled at $11.50, with 469,478 units, Grace Kennedy ended with a loss of 20 cents at $42.50, while 17,221 shares traded, Jamaica Broilers fell 40 cents to $18.50, with 53,740 stock units, Jamaica Producers ended with a loss of 60 cents at $15.20, with 4,061,507 units changing hands. Jamaica Stock Exchange fell 1 cent to $6.99, with 53,928 shares, JMMB Group finished $1 higher to end at a 52 weeks’ high of $30.50, with 58,275 stock units, Kingston Wharves traded with a loss of 10 cents at $32.50, with 70,928 units, Mayberry Investments traded at $5, with 139,224 shares. NCB Financial Group concluded trading $1.15 higher at $108, with 160,919 shares, 138 Student Living finished trading at $6, with 8,500 shares, 1834 Investments settled with a loss of 5 cents at $1.30, with 1,281 stock units, PanJam Investment finished at $43, with 2,000 units, Portland JSX ended 45 cents higher at $9.10, with 2,000 shares, Pulse Investments ended trading at $1.80, with 3,048 shares. Sagicor Group traded 2 cents higher at $38, with 226,496 units, Sagicor Real Estate Fund ended at $15, with 7,000 shares, Scotia Group concluded trading with a gain of 36 cents to $51.86, with 87,257 stock units, Seprod ended $1.99 higher at $30, with 828 units and Supreme Ventures concluded trading with a loss of 13 cents at $11.77, with 154,923 shares. In the US equity market, JMMB Group 6 percent preference share ended trading with 15,000 units $at US$1.121 and Proven Investments ordinary share traded 14,583 stock units at 23 US cents.
Prices of securities trading for the day are those at which the last trade took place.

JSE main market falls back – Friday

Trading on the Main Market of the Jamaica Stock Exchange ended on Friday with the JSE All Jamaican Composite Index declined by 1,443.17 points to close at 320,147.12 and the JSE Index declined by 1,314.89 points to close at 291,690.24.
At the close of market activity, 25 securities changed hands in the main market, 11 advanced, 10 declined and 4 traded firm with 4,118,253 units valued at $67,698,071 compared to 7,356,609 units valued at $123,516,599 on Thursday.
In US dollar market activity, the US dollar market index slipped 0.21 points to 180.67 as 3 securities traded with 2 declining and one remaining unchanged, leading to the 61,625 units trading with a value of US$54,145. Total trading in the two markets amounted to $74,574,532.
Trading ended with an average of 164,730 units for an average of $2,707,923 in contrast to 294,264 units for an average of $4,940,664 on Thursday. The average volume and value for the month to date amounts to 200,104 units valued at $3,492,546 and previously 218,920 units valued at $3,909,899. In contrast, October closed with average of 1,185,251 units valued at $16,528,582 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the main and US dollar market shows 7 stocks ended with bids higher than their last selling prices and 5 with lower offers.

All Jamaica in major recovery – Thursday

NCB closes at new record high of $109 on Thursday.

The JSE All Jamaican Composite Index advanced 2,455.94 points to close at 321,590.29 and the JSE Index advanced 2,237.64 points to close at 293,005.13 as NCB Financial jumped $2.99 to a record close of $109.
Trading ended on the Main Market of the Jamaica Stock Exchange on Thursday with 25 securities changing hands, 8 advanced, 8 declined and 9 traded firm with 7,356,609 units valued at $123,516,599.
There was trading in 2 securities In the US dollar market leading to the JSE US dollar Index falling 4.82 points to 180.88 as 5,802 shares with a value of US$1,474, bringing the total trades in the two markets to J$123,703,808. Wednesday’s trading in contrast to the increase trading on Thursday was 2,932,638 units valued at $60,248,652 on Wednesday.
Trading ended with an average of 294,264 units for an average of $4,940,664 in contrast to 133,302 units for an average of $2,738,575 on Wednesday. The average volume and value for the month to date amounts to 218,920 units valued at $3,909,899 previously. In contrast, October closed with average of 1,185,251 units valued at $16,528,582 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the main and US dollar market shows 7 stocks ended with bids higher than their last selling prices and 5 with lower offers.
In the main activity Berger Paints closed 30 cents higher at $16.30, with 16,296 shares, Cable & Wireless ended trading at $1.10, with 530,316 shares, Caribbean Cement climbed $3.44 higher at $34.95, with 2,500 stock units. Carreras settled at $11.50, with 712,762 units, Grace Kennedy ended trading with a loss of 1 cent at $41.99, with 97,977 shares, Jamaica Broilers traded at $18.60, with 354,001 stock units, Jamaica Producers concluded trading with a loss of 10 cents at $15.80 and with 4,035,262 units trading. Jamaica Stock Exchange settled 4 cents higher at $6.80, with 16,170 shares, JMMB Group ended with a loss of $1.19 at $28.51, with 84,297 shares, Kingston Properties concluded trading at $8, with 15,950 stock units, Kingston Wharves finished trading with a loss of 15 cents at $32.50, with 35,770 units. Mayberry Investments finished trading 5 cents higher at $4.35, with 306,697 shares, NCB Financial Group ended $2.99 higher at a record close of $109, with 60,063 shares, 138 Student Living closed with a loss of 10 cents at $5.40, with 22,900 shares, 1834 Investments finished with a loss of 20 cents at $1.15, with 109,594 stock units, PanJam Investment closed at $42, with 82,529 units, Pulse Investments concluded trading with a loss of 6 cents at $1.90, with 4,064 shares. Radio Jamaica settled at $1.15, with 161,673 stock units, Sagicor Group settled 95 cents higher at $39, with 407,273 units, Sagicor Real Estate Fund settled 30 cents higher at $14.50, with 75,122 shares, Salada Foods Jamaica settled with a loss of $1.30 at $8.50, with 10,000 shares. Scotia Group ended $1.28 higher at $51.79, with 131,230 stock units and Supreme Ventures settled at $11.80, with 42,177 shares. In the main market preference segment, JMMB Group ended with a loss of 1.19 cents at $28.51, with 84,297 stock units, and in the US dollar market Productivity Business Solutions traded 402 units at 58 US cents and Proven Investments traded 5,400 units at 23.99 US cents.
Prices of securities trading for the day are those at which the last trade took place.

Main market pulls back on Wednesday

The JSE All Jamaican Composite Index declined by 2,335.17 points to close at 319,134.35 on Wednesday as the JSE Index declined by 2,127.60 points to close at 290,767.49 and the JSE US dollar Index rose 0.43 points to 185.70.
Trading on the Main Market of the Jamaica Stock Exchange closed with 22 securities changing hands, 10 advanced, 6 declined and 4 traded firm with 1 rising in the US dollar market. A total of 2,932,638 units valued at $60,248,652 traded compared to 7,565,517 units valued at $85,572,923 on Tuesday.
Trading ended with an average of 133,302 units for an average of $2,738,575 in contrast to 328,936 units for an average of $3,720,562 on Tuesday. In contrast, October closed with average of 1,185,251 units valued at $16,528,582 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the main and US dollar market shows 7 stocks ended with bids higher than their last selling prices and 2 with lower offers.
In the main activity, Berger Paints concluded trading with a loss of 2 cents at $16, with 6,952 shares, Cable & Wireless ended 3 cents higher at $1.10, with 518,300 units, Caribbean Cement ended trading with a loss of $4.59 to $31.51, with 22,377 units, Carreras concluded trading 10 cents higher at $11.50, with 108,200 stock units, Grace Kennedy ended trading $2 higher at $42, with 110,784 units, Jamaica Broilers traded at $18.60, with 32,449 shares, Jamaica Producers finished with a loss of 10 cents at $15.90, with 560 stock units, Jamaica Stock Exchange finished with a loss of 14 cents at $6.76, with 18,180 stock units, JMMB Group traded $1.95 higher to close at a 52 weeks’ high of $29.70, with 11,000 units, Mayberry Investments concluded trading at $4.30, with 4,000 shares, NCB Financial Group lost 99 cents and ended at $106.01, with 317,087 shares, 138 Student Living ended trading 10 cents higher at $5.50, with 1,400,000 stock units, PanJam Investment settled 40 cents higher at $42, with 173,919 stock units, Pulse Investments settled with a loss of 1 cent at $1.96, with 6,500 shares, Radio Jamaica settled at $1.15, with 21,330 units, Sagicor Group concluded trading 5 cents higher at $38.05, with 57,923 units, Sagicor Real Estate Fund ended trading 6 cents higher at $14.20, with 6,544 shares, Scotia Group closed 1 cent higher at $50.51, with 4,000 units and Supreme Ventures finished at $11.80, with 42,564 shares. In the main market preference segment, Jamaica Money Market Brokers traded at $1.85, with 67,869 units, JMMB Group ended at $1.15, with 2,000 stock units and in the US dollar market Productivity Business Solutions traded 598 units and rose 0.50 cent to 58 US cents.

Prices of securities trading for the day are those at which the last trade took place.

JSE suffers temporary relapse

Trading on the Main and US dollar markets of the Jamaica Stock Exchange ended on Tuesday with 26 securities changing hands, 7 advanced, 13 declined and 6 traded firm as the main market indices dropped.
The JSE All Jamaican Composite Index declined by 2,137.38 points to close at 321,469.52 and The JSE Index declined by 1,947.39 points to close at 292,895.09 with 7,565,517 units valued at $85,572,923 trading.
In the main activity, Berger Paints finished trading $2 higher at $18, with 26,175 stock units, but closed with an offer at $16.90. Cable & Wireless rose 4 cents to $1.07, with 115,615 shares, Caribbean Cement finished trading with a loss of 85 cents to $36.10, with 12,250 units, Carreras finished with a loss of 10 cents at $11.40, with 649,192 shares, Grace Kennedy traded $3 lower at $40, with 144,598 stock units, Jamaica Broilers concluded trading 10 cents higher at $18.60, with 188,364 shares. Jamaica Producers concluded trading at $16, with 6,919 stock units, Jamaica Stock Exchange closed 45 cents higher at $6.90, with 1,800 units, JMMB Group closed with a loss of 35 cents at $27.75, with 908,504 stock units, Kingston Wharves traded with a loss of 35 cents at $32.65, with 59,517 shares, Mayberry Investments settled at $4.30, with 16,385 units. NCB Financial Group lost $1 to end at $107, with 159,165 shares trading, 1834 Investments concluded trading with a loss of 2 cents at $1.35, with 21,592 units, PanJam Investment fell $2.40 to end at $41.60, with 110,977 shares changing hands, Pulse Investments concluded trading 7 cents higher at $1.97, with 22,705 stock units trading, Radio Jamaica closed at $1.15, with 1,732,474 units. Sagicor Group traded with a loss of $1 at $38, with 46,295 shares, Sagicor Real Estate Fund finished with a loss of 26 cents at $14.14, with 20,818 units, Scotia Group finished with a loss of $1.50 at $50.50, with 112,944 stock units, Seprod ended with a loss of $2 at $28, with 3,800 shares and Supreme Ventures finished with a loss of 20 cents at $11.80, as 237,350 units traded. In the main market preference segment, Jamaica Money Market Brokers 7.5% concluded trading at $1.85, with 2,769,878 shares, JMMB Group 7.5% concluded trading 4 cents higher at $1.15, with 198,200 units. In the US dollar market Proven Investments rose 0.49 US cents in trading 415,521 ordinary shares at 23.99 US cents and Productivity Business traded 15,881 US dollar denominated ordinary shares at 57.5 US cents and JMMB Group 6% US dollar preference share traded 6,300 units at $1.12.
Prices of securities trading for the day are those at which the last trade took place.

JSE jumps sharply to record close – Friday

The main market of the Jamaica Stock Exchange surged on Friday to the fourth week record closing in as many weeks. At the end the All Jamaica Composite Index pushed sharply higher by 4,673.29 points to close at record 321,000.17.
The JSE Index climbed considerably by 4,257.90 points to close at record 292,467.45, with market ended on Friday with 25 securities changing hands with 2 trading in the US dollar market leading 12 advanced, 5 declined and 7 traded firm with 2,104,737 units valued at $70,790,40. Trading in the US dollar market ended with 156,714 units valued at US$36,816 with the index remaining unchanged at 183.13 points.
In the main activity, Barita Investments ended at $9, exchanging only 730 shares, Berger Paints closed 25 cents higher at $17, with 90,738 units, Cable & Wireless rose 4 cents and closed at $1.06, with 539,939 stock units, Caribbean Cement ended $3.10 higher at $36.10, with 22,557 units, Carreras ended with a loss of $1.50 at $11.50, with 129,369 shares. Ciboney Group ended trading with a loss of 3 cents at 15 cents, with 10,600 stock units, Grace Kennedy ended at $42.83, trading 6,745 units, Jamaica Broilers finished with a loss of 43 cents at $18.06, with 7,883 shares, Jamaica Producers closed at $16, with 2,637 units, Jamaica Stock Exchange traded with a loss of 5 cents at $6.45, with 9,838 shares. JMMB Group concluded trading at $28, with 224,609 stock units, Kingston Properties finished 80 cents higher at $8, with 1,244 units, Kingston Wharves gained 50 cents to end at $33, with 20,949 stock units, Mayberry Investments concluded trading 10 cents higher at $4.30, with 2,993 stock units. NCB Financial lost 65 cents and closed at $105 with 157,631 shares trading, 138 Student Living settled at $5.40, with 2,119 units, 1834 Investments ended with a loss of 3 cents at $1.37, with 22,200 stock units, PanJam Investment finished 1 cent higher at $42.01, with 250,435 shares, Portland JSX settled at $9.15, with 2,000 units. Pulse Investments finished 10 cents higher at $1.90, while trading 34,000 stock units. Radio Jamaica added 2 cents and ended at $1.15, with 123,400 shares, Sagicor Group jumped $4.47 to $39, with 29,209 stock units, Sagicor Real Estate Fund finished 10 cents higher at $14.50, with 18,319 shares, Scotia Group ended trading at $50, with 139,016 units and Supreme Ventures ended 1 cent higher at $12, with 45,257 shares.
In the US dollar market while Proven Investments traded 156,614 ordinary share at 23.5 US cents and Sterling Investments traded 100 US dollar denominated ordinary shares at 12 US cents.
Prices of securities trading for the day are those at which the last trade took place.

JSE closed down on Thursday

The JSE All Jamaican Composite Index dropped 1,128.83 points, to close at 316,326.88 and the JSE Index shed 1,028.50 points to end at 288,209.55 to break the 9 consecutive days of closing records on the Jamaica Stock Exchange on Thursday.
Trading ended with 23 securities changing hands, in the main and US dollar market as 11 advanced, 7 declined and 5 traded firm with 3,021,277 units valued at $73,512,131 changing hands.
In the main activity, Barita Investments finished at $9, with 148,800 units after trading down to $8, Berger Paints traded 75 cents higher at $16.75, with 149,835 units, 54 percent above the Ansa Coatings offer price. Cable & Wireless closed 1 cent higher at $1.02, with just 6,715 shares, Caribbean Cement traded $3.99 higher to $33, with 55,758 stock units trading, Carreras rose $1.50 to $13, with 375,369 shares, Grace Kennedy concluded trading 7 cents higher at $42.83, with 100,966 shares, Jamaica Broilers ended with a gain of 49 cents to $18.49, with 1,126,834 units. Jamaica Producers closed 40 cents higher at $16, with 109,041 shares, Jamaica Stock Exchange ended trading with a loss of 47 cents at $6.50, with 4,072 units, JMMB Group ended trading 40 cents higher at a 52 weeks’ closing high of $28, with 110,531 shares, Kingston Wharves ended with a loss of 49 cents at $32.50, with 5,657 shares, NCB Financial lost 36 cents and closed at $105.65 with 157,631 shares trading, 138 Student Living closed at $5.40, with 10,000 units, PanJam Investment traded 50 cents higher at $42, with 1,500 shares, Pulse Investments finished 19 cents higher at $1.80, with 105,000 units, Radio Jamaica ended trading with a loss of 1 cent at $1.13, with 125,960 shares, Sagicor Group finished trading with a loss of 3.47 cents at $34.53, with 24,735 units, Sagicor Real Estate Fund ended trading with a loss of 10 cents at $14.40, with 21,217 stock units, Scotia Group traded with a loss of $2 at $50, with 281,355 units, Seprod traded $1.25 higher at $30, with 12,346 shares changing hands, Supreme Ventures ended trading at $11.99, with 67,955 stock units and in the main market preference segment, JMMB Group 7.5% closed at $1.10, with 20,000 stock units, while Productivity Business Solutions traded 1,100 US dollar denominated ordinary shares at 57.5 US cents.
Prices of securities trading for the day are those at which the last trade took place.

8 stocks rise 8 fall

The main market closed with 8 securities rising, 8 falling and 7 traded firm with 3,975,709 units valued at $69,965,883 compared to 10,920,273 units valued at $178,163,037 on Tuesday.
In the main activity, Berger Paints finished trading at $16, with 75,396 stock units, Cable & Wireless lost 8 cents at $1.01, with 213,894 shares trading, Caribbean Cement ended 41 cents higher at $29.01, with 11,923 units, Carreras concluded trading at $11.50, with 749,555 stock units, Grace Kennedy finished trading with a loss of 24 cents at $42.76, with 18,410 shares. Jamaica Broilers finished trading at $18, with 318,870 units changing hands, Jamaica Producers settled with a loss of 40 cents at $15.60, in exchanging 24,091 shares, Jamaica Stock Exchange ended with a loss of 3 cents at $6.97, with 220 units, JMMB Group ended 60 cents higher at $27.60, with 157,825 stock units, Kingston Wharves settled $1.49 higher at $32.99, with 1,950 shares trading. Mayberry Investments concluded trading at $4.20, with 20,194 stock units, 1834 Investments finished at $1.40, with 2,079 units, PanJam Investment settled $1.50 higher at $41.50, with 285,310 units, Portland JSX ended trading at $9.15, with 2,000 shares, Pulse Investments concluded trading 1 cent higher at $1.61, with 47,439 units. Radio Jamaica ended with a loss of 1 cent at $1.14, with 36,167 shares trading, Sagicor Group finished with a loss of $1.99 at $38, with 33,719 stock units, Sagicor Real Estate Fund concluded trading 35 cents higher at $14.50, with 1,209 units, Scotia Group finished trading $1 higher at $52, with 478,019 shares, Seprod finished trading with a loss of $1.25 at $28.75 as 626 stock units traded. Supreme Ventures rose 1 cent and concluded trading at $11.99, with 366,286 shares. In the main market preference segment, JMMB Group 7.5% settled at $1.11, with 1,087,990 units In the US dollar market segment, Proven Investments closed with 11,330 units trading at 23.5 US cents.
Prices of securities trading for the day are those at which the last trade took place.

13 stock prices rose on Tuesday

The main market of the Jamaica Stock Exchange continues its bullish mood as trading closed with the 8 consecutive record on Tuesday, with the JSE All Jamaican Composite Index climbing 1,582.36 points to a record 316,696.32 and the JSE Index advancing 1,441.71 points to a record 288,546.16.
In the main activity, NCB Financial climbed back by $4 to close at $107 with 72,595 trading and Productivity Business traded 400 preference shares for a gain of $5 to close at a record high $105.
Berger Paints jumped 97 cents to close at $16, with 263,833 shares, this compares with the price of $10.88 that company’s majority shareholder offered, to buy out the minority shares and the company’s directors recommended as a fair value. Cable & Wireless traded 2 cents higher at $1.09, with 124,962 units, Caribbean Cement ended 50 cents higher at $28.60, with 82,419 shares, Carreras concluded trading 1 cent higher at $11.50, with 505,010 shares, Grace Kennedy settled 20 cents higher at $43, with 3,036 stock units, Jamaica Broilers ended with a loss of 49 cents at $18, after trading 13,309 units, Jamaica Producers finished at $16, with 5,905 stock units. Jamaica Stock Exchange traded 30 cents higher at $7, with 12,934 shares, JMMB Group closed with a loss of 50 cents at $27, trading 264,989 units, Kingston Wharves ended at $31.50, with 8,255 shares, Mayberry Investments closed with a loss of 40 cents at $4.20, with 73,720 stock units trading, 138 Student Living ended trading 9,581 shares at $5.40. PanJam Investment settled with a loss of $1.99 at $40, exchanging 925 units, Portland JSX gained 15 cents to end at $9.15, with 1,800 stock units, Pulse Investments concluded trading with a loss of 40 cents at $1.60, with 2,750 shares changing hands, Radio Jamaica settled at $1.15, with 50,837 stock units, Sagicor Group jumped 99 cents higher to $39.99, with 18,676 shares. Sagicor Real Estate Fund settled 15 cents higher at $14.15, with 580,923 stock units, Scotia Group closed 50 cents higher at $51, with 2,453,400 units trading, Seprod closed at $30, with 38,390 shares and Supreme Ventures finished 9 cents higher at $11.99, with 763,256 stock units. In the main market preference segment, JMMB Group finished trading with a loss of 1 cent at $1.10, with 5,568,368 units.
Prices of securities trading for the day are those at which the last trade took place.