RJR enjoys big trade on JSE – Friday

RJR had another big trade on Friday.

RJR had another big trade on Friday.

Radio Jamaica dominated trading on The Jamaica Stock Exchange with 43.6 million shares changing hands on Friday to close at $1.12 but gains in other stocks gave the overall market forward a big leapt forward. On Friday 36 securities changed hands, in all market segments and ended with 11 stocks rising and 12 declining and the IC bid-offer Indicator| at the strongest level since February 8, this year.
The market closed with 51,448,945 units valued at $171,764,929 changing hands in all markets. The junior market accounted for 470,000 units valued at $1,549,597 changing hands.
The JSE Market Index took a sharp upturn with a 3,192.15 points rally to end at 152,990.33, the all Jamaica Composite Index jumped 3,570.00 points to end at 169,930.83 and the JSE combined index shot up 3,489.28 points, to close at 160,526.66.
IC bid-offer Indicator| At the end of trading, in the main and junior JSE Sum 08-04-16markets, the Investor’s Choice bid-offer indicator reading showed 17 stocks with bids higher than their last selling prices and only 1 with a lower offer.
At the end of the market activities, Cable & Wireless rose 5 cents to $1.10 in trading 409,741 units, Caribbean Cement lost $1.40 with just 2,922 shares changing hands to end at $22.50, Carreras ended trading 108,094 shares to end at $65. Grace Kennedy closed with 1,469 shares changing hands at $80, Jamaica Broilers traded 3,726,493 units to close at $14.50, after declining by 20 cents. JMMB Group had 6,803 shares changing hands at $10, Kingston Wharves traded 13,945 shares to close at $11.50, Mayberry Investments lost 30 cents to close at $3.70 with 5,000 shares changing hands, National Commercial Bank fell 49 cents with 42,113 shares changing hands to close at $40.01, while 138 Student Living, traded 30,550 shares at $5.50. Pan Jamaican Investments traded 3,999 shares to close at $93, Pulse Investments lost 24 cents to end at $2.99 with 10,000 shares trading, JSE fn qts 08-04-16Radio Jamaica with the largest trade for the day of 43,604,186 shares but lost 6 cents to close at $1.09, Sagicor Group rose 60 cents and ended with 65,158 shares changing hands at $23.70. Sagicor Real Estate Fund traded 5,000 shares to close at $10.02 Scotia Group traded 1,238,437 shares to close at $30 after falling by 50 cents, the stock traded as high as $34.90 ahead of the close. Seprod dropped back $3 to end at $16 with 19,314 shares changing hands, Supreme Ventures gained slipped 14 cents to close at $5 with 44,364 units changing hands, Proven Investments ordinary shares traded 553,800 units to end at 16 US cents, down from 17.50 cents previously. JMMB Group 7.50% preference share traded 868,551 units at $1.17 after shedding 3 cents and the Jamaica Money Market Brokers 7.50% preference share traded 218,200 units at $2.15.

RJR trades 43.5m shares

JSE intra 08-04-16

More losses for JSE – Thursday

JSE frnt vw 2 - Copy The Jamaica Stock Exchange lost more ground on Thursday with the combined index slipping 379 points. The main market continued to lose altitude but technical indicators point to a bottom not being too far away. On Thursday 31 securities changed hands, in all market segments ended with 9 stocks rising and 15 declining. One US market stock, traded at an intraday 52 weeks’ low.
The market closed with 4,962,606 units valued at $68,438,047 changing hands in all markets. The junior market accounted for 785,366 units valued at $2,423,588 changing hands.
The JSE Market Index dropped 484.50 points to end at 149,798.18, the all Jamaica Composite Index dropped 541.85 points to end at 166,360.83 and the JSE combined index fell 379.21 points, to close at 157,037.38.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicatorJSE Sum 07-04-16 reading was 13 stocks with bids higher than their last selling prices and 3 with lower offers.
At the end of the market activities, Berger Paints traded 62,542 units but fell 26 cents to end at $3.50, Cable & Wireless sunk 4 cents to 96 cents in trading 2,100,134 units, Caribbean Cement lost 10 cents with just 18,082 shares changing hands to end at $23.90, Carreras lost $1.14 in trading 23,000 shares to end at $65. Grace Kennedy closed with 286,469 shares changing hands at $80 after losing 20 cents, Jamaica Broilers traded 323,265 units to close at $14.70, after rising 20 cents. JMMB Group had 11,750 shares changed hands at $10, Kingston Wharves gained 20 cents in trading 89,288 shares to close at $11.50, National Commercial Bank fell 50 cents with 169,634 shares changing hands, to close at $40.50,JSE fn qts 07-04-16 Pan Jamaican Investments traded 41,878 shares to close at $93. Radio Jamaica with the largest trade of 51,800 shares but lost 10 cents to close at $1.15, Sagicor Group fell 50 cents and ended with 34,000 shares changing hands at $23.10, Sagicor Real Estate Fund traded 100,500 shares to close at $10.02. Scotia Group traded 336,878 shares to close at $30.50 after rising by 50 cents, Supreme Ventures slipped 14 cents to close at $4.86 with 32,376 units changing hands, Proven Investments ordinary shares traded 483,600 units to end at 17.5 US cents, up from 17.47 cents previously, but only after it traded at a 52 weeks’ low of 15 cents. At the close there are only 4 bids to buy the stock for 15 cents down to 10 cents.

Modest gain for JSE on Thursday

Carib Cement jumped $3.49 to $28.49 on Thursday.

Carib Cement jumped $3.49 to $28.49 on Thursday.

The main market of the Jamaica Stock Exchange rose moderately on Thursday with declining stocks having the upper hand on advancing stocks as 41 securities changed hands, in all market segments with 14 rising and 18 declining and 1 closing at a 52 week’s highs.
The market closed with 4,035,008 units valued at $62,036,257 changing hands in all markets. The junior market accounted for 617,159 units that changing hands, valued at $2,081,398.
The JSE Market Index climbed 313.29 points to end at 153,854.67, the all Jamaica Composite Index jumped 350.11 points to end at 170,897.53 and the JSE combined index lost 59.93 points added, to close at 162,182.52.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 10 stocks with bids higher than their last selling prices and 8 with lower offers.
JSE sum 31-03-16At the end of the market activities, Cable & Wireless traded only 44,610 units, to close 5 cents down at $1.25, Caribbean Cement traded with a gain of $3.49 with 15,038 shares changing hands to end at $28.49, Carreras traded 36,750 shares to end at $66.15, Ciboney traded 80,463 shares at 18 cents. Gleaner traded 4,000 shares but lost 9 cents to end at $2, Grace Kennedy gained 50 cents in closing with 5,560 shares changing hands at $82, Jamaica Broilers traded 415,613 units to close with a gain of 52 cents at $14.80, JMMB Group traded 152,023 shares to close at $10 after falling 95 cents. Margaritaville (Turks) traded 273,730 shares to close at 13.5 US cents up from 12.99 cents, Mayberry Investments traded 9,180 shares and lost 10 cents to end at $4.08, National Commercial Bank gained 22 cents with 84,668 shares changing hands to close at $41.25, property company, 138 Student Living gained 24 cents to close at $5.50 while trading 17,000 shares. JSE fn Qts 31-03-16Pan Jamaican Investments lost $1 in trading 5,435 shares to close at $93, Pulse Investments gained 33 cents to end at $3.23 with 50,000 shares trading, Radio Jamaica traded for the first time after the company split the stock and closed at $1.46, with a loss of 20 cents while trading 34,355 units. Sagicor Group rose by 19 cents while 1,115,716 shares changed hands to end at $23.70, Scotia Group rose 23 cents while trading 405,979 shares to close at $30.62, Scotia Investments climbed $1.04 with 5,000 shares changing hands to end at $29.49. Supreme Ventures lost 1 cent to close at $4.99 with 30,650 units changing hands and JMMB 7.5% preference shares traded 619,293 units to end at $2.15.

Juniors down 5% as JSE retreats

The Jamaica Stock market retreated in the morning session on Thursday but the junior market fell sharply by more than 5 percent as Lasco Manufacturing was pulled back $1.10 to $3.90. Lasco Distributors traded 1,035,826 while dropping 60 cents to $7.20 which would have pulled down the index by a sizable amount while Caribbean Producers that traded 140,190 units slipped by 50 cents to $5.
JSE intra 28-01-16The juniors are not the only one to suffer a fall as the major fell close to 900 points and the combined market by more than 2,200 points. After 90 minutes of trading, the all Jamaica Composite Index fell 1,393.59 points to 178,641.56, the JSE Market Index dropped 1,247.00 points to 160,784.07, the JSE combined index dived 2,205.87 points to 170,851.08 and the junior market index fell 114.04 points to 2,130.64. In trading, 33 securities were active and accounted for 3,272,579 units changed hands with 14 stocks rising and 8 falling.
Scotia Group traded 7,160 units with the price falling by $1 to $31, Proven Investments ordinary shares climbed back from 20 us cents to 22.98 US cents in trading 645,989 units and Jamaica Broilers traded at with 153,671 shares but dropped $2.05 to end at $13.50. Mayberry Investments have put up 20 million Radio Jamaica shares for sale at $5 each.

JSE pulls back again in early trading

The stock market pulled back again on Friday with the indices falling in junior and the main markets and adding to Thursday end of day losses as volumes remained relatively light after 75 minutes of trading. JSE intra 15-01-16The all Jamaica Composite Index fell 549.58 points to 174,562.41 the JSE Market Index tumbled 491.76 points to 157,134.01 the JSE combined index dropped 607.09 points to 168,621.96 and the junior market index fell 28.19 points to 2,264.88.
In trading 29 securities were active and accounted for 1,814,132 units changed hands with 12 stocks rising and 10 falling.
Scotia Group traded at $30.09 compared to nearly $34.99, the last traded price with 81,528 shares Barita Investments had 134,925 shares trading at $4.40, Margaritaville Turks came into its own after reporting profits of US$518,134 versus $279,000 in the six months to November last year, the stock traded 394,700  at 10.5 US cents, Radio Jamaica jumped to a new high of $6 with 32,400 units.
In the junior market, AMG Packaging traded at a new high of $11.05, Honey Bun is up to a new 52 weeks’ high of $7.18 and Paramount Trading at $10.50, Lasco Financial fell back to $4.20 from yesterday’s close of $4.75.

Junior index jumps sharply

Lasco Distributors shot up to $9 in early trading with 247,586 shares in spirited trading in the overall market with 22 securities accounting for 594,059 units.
JSE intra 11-01-16The Lasco share price movement is the main factor pushing the junior index to gain 130.74 or 6.25 percent to hit 2,223.11 points. The company made a claim for US$ 300 million for damages against Pfizer for losses incurred from halting sales of high blood pressure drug.
The combined index was pushed to 1,869.58 points within 15 minutes of trading. The JSE index is up 730.34 points to 157,453.71. The bid on tTech is up to $4 to buy 7,395 shares. Radio Jamaica traded 95,654 units at $5.50.

JSE continues in positive mode

The Jamaican stock market is off to more measured trading, early Wednesday with all major indices recording gains in mid-morning trading but leading to a number of stocks recording new 52 weeks’ highs up to 10.45 am. A total of 33 securities traded amounting to 1,556,075 units changing hands with 14 rising, while 9 declined.
The all Jamaica Composite Index rose 661.58 points to 169,133.35 the JSE intra 06-01-16 JSE Market Index gained 591.99 points to 152,276.03 the JSE combined index added 8601.65 points to 160,235.23 and the junior market index is up 4.76 points to 1,843.75.
Trading volumes were generally low, but there have been some interest in a number of stocks including Cable & Wireless with 186,335 shares trading at $1.35, Gleaner trading 262,000 units at $2.50, Jamaica Stock Exchange with 37,839 units at $18.60, JMMB Group with 72,026 units trading at $10.45, National Commercial Bank with 5,168 units at a new high of $41, Radio Jamaica at $4.50 with 24,280, Cargo Handlers trading at a new high of $37.65 with 126 shares, C2W Music at 43 cents for a new 52 weeks’ high with 47,290 shares changing hands, Caribbean Cream with 54,293 units at $3.89, General Accident with 79,400 units at $2, Lasco Distributors with 3,538 shares trades at a new high of $5.72 and Lasco Manufacturing with 641,051 units at $3.50 after trading earlier at $3.60.

JSE continues in positive mode

Stocks continue to trade on a positive note with all major indices increasing in mid-morning trading to new record highs and a number stocks recording new 52 weeks’ highs up to 11 am. Interest in the stocks is wide spread with 34 securities tradedJSE intra 05-01-16 amounting to 1,456,993 units changing hands with 14 rising, while 7 declined.
The all Jamaica Composite Index rose 851.87 points to 169,083.72 the JSE Market Index gained 762.26 points to 152,231.62 the JSE combined index added 880.33 points to 160,095.23 and the junior market index is up 17.99 points to 1,832.77.
Trades of some interest include Hardware & Lumber with 300,000 units at $18.50, National Commercial Bank with 2,956 units at a new high of $40.65, 138 Student Living with 138,798 shares at $4.60, Radio Jamaica back at $5 with a small volume, General Accident with 63,115 units at $2.19, Jamaican Teas with 37,500 shares at a new 52 weeks’ of $5.25, Lasco Distributors with 220,487 shares at $5.52 but after trading at $5.60 and Lasco Manufacturing with 172,614 units at $3.55.

JSE down early Thursday trading

The JSE main market suffered reversal of the big gains recorded on Wednesday, as Scotia Group pulled back from the closing price of $31.49 to $30, helping to knock 1,006 points off the all Jamaica composite index and pushing the other main market indices down sharply as well. The junior market inched up a bit as trading volumes are light on the final trading day of 2015.
JSE intra 31-12-15The all Jamaica Composite Index declined by 1,006.49 points to 165,379.60 the JSE Market Index declined 900.62 points to 148,917.14, the JSE combined index fell by 843.70 points to 156,609.79 and the junior market index is up 0.75 points to 1,792.90.
A total of 23 securities traded amounting to 423,132 units changing hands with 13 rising, while 4 declined.
Interesting trades include, Gleaner Company with just a small volume at $1.30 but now has a bid to buy 16,000 units at $2 with the offer at $2.50, this comes after shareholders in Radio Jamaica and the Gleaner voted on Wednesday to approve the merger of the Gleaner’s media business with Radio Jamaica. Pan Jamaican Investment traded just 4,140 shares at $94 for a $1 gain, Sagicor Group traded only 424 shares at $18.51 but has a bid at $19 which is 49 cents higher than they last sale price with only one offer at $20.05 to sell a mere 2,000 shares and Scotia Group traded 95,636 units with the last transaction at $30.