Sagicor Group — Page 132

Trading picks up on JSE – Friday

March 22, 2019 by IC Insider.com

Caribbean Cement ended trading at a new closing high of $56 on Friday.

Volume traded on the Jamaica Stock Exchange on Friday rose over thursday’s level but remained well below norm, with 3,578,014 units valued at $135,408,659 trading, compared to just 1,589,969 units valued $46,193,207 clearing the market, on Thursday.
At the close of market, the main and US markets traded 29 securities, compared to 35 trading on Thursday. There was a total of 8 stocks advancing, 14 declining and 7 closing without price changes. Caribbean Cement ended at an all-time closing high of $56 and Supreme Ventures traded at an intraday 52 weeks’ high of $26 but closed lower at the end of market activities.
Trading resulted in, JSE All Jamaican Composite Index gained 400.31 points to 422,325.72 and the JSE Index advanced by 363.76 points to end at 384,773.95.
Scotia Group led trading with 1,148,109 units, accounting for 32 percent of the day’s volume in the main market, followed by Carreras with 349,610 units or 10 percent of the volume traded and Grace Kennedy with 321,057 shares for 9 percent of the overall volume.
Market activity ended with an average of 127,786 units valued at over $4,836,024, in contrast to 48,181 shares valued at $1,399,794 on Thursday. The average volume and value for the month to date, amounts to 375,350 shares at $11,290,769 in contrast to 389,701 shares at $11,692,398 for each security traded, on the prior trading day. Trading for February resulted in an average of 281,016 shares with a value of $11,715,160, for each security traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 10 stocks ending with bids higher than their last selling prices and 1 closing with a lower offer.
In main market activity, Barita Investments declined by $2, to close at $42.50, with an exchange of 149,150 shares, Caribbean Cement climbed $3 to finish at a 52 weeks’ closing high of $56, with 286,800 shares changing hands, Eppley lost 45 cents and settled at $9.50, with 309,695 shares trading. Grace Kennedy rose 75 cents trading 321,057 stock units, to close at $59.75, Jamaica Broilers fell $2.99 to close at $30.01, with 34,124 shares changing hands, Jamaica Producers lost $1.01 trading 118,876 units, at $21.99, JMMB Group rose 37 cents in concluding trading of 25,478 shares at $31.37. Kingston Wharves dropped $2 and finished at $70, with an exchange of 2,518 stock units, Mayberry Investments lost 53 cents to end trading of 79,692 shares at $8.47, Mayberry Jamaica Equities traded 38,242 shares after rising by 55 cents to close at $10. PanJam Investment fell $1.60 to close at $80.10, trading 70,826 units, Sagicor Group gained 45 cents and settled at $40, with 18,955 shares changing hands, Scotia Group climbed $1.35 trading 1,148,109 shares to close at $51.55 and Sygnus Credit Investments fell $1.05 to close of $12.30, with 180,000 units changing hands.
Trading in the US dollar market resulted in 5,184 units valued $562 changing hands with Sygnus Credit Investments being the sole stock trading in this market, to close at 11 US cents. The JSE USD Equities Index gained 0.07 points to close at 179.65.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Barita Investments, Caribbean Cement, Carreras, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Kingston Wharves, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Sagicor Group, Sagicor Real Estate Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Victoria Mutual Investments, Wisynco Group

Volume plummets on JSE – Thursday

March 21, 2019 by IC Insider.com

Volume traded on the Jamaica Stock Exchange on Thursday dived sharply, to be well below normal levels, with just 1,589,969 units valued $46,193,207 crossing the market, compared to 23,522,368 units for $2,905,278,031, on Wednesday.
At the close of market, the main and US markets traded 35 securities, compared to 36 trading on Wednesday. There was a total of 15 stocks advancing, 10 declining and 10 closing without price changes.
Trading resulted in, JSE All Jamaican Composite Index falling 168.59 points to 421,925.41 and the JSE Index declining 151.32 points to 384,410.19.
Market activity ended with an average of 48,181 units valued at $1,399,794, in contrast to 758,786 shares valued at $93,718,646 on Wednesday. The average volume and value for the month to date, amounts to 389,701 shares at $11,692,398 for each security traded, in contrast to 414,746 shares at $12,506,920 on the prior trading day. Trading for February resulted in an average of 281,016 shares with a value of $11,715,160, for each security traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 8 stocks ending with bids higher than their last selling prices and 1 closing with a lower offer.
In main market activity, Barita Investments recovered the $3 it lost on Wednesday, to close at $44.50, with an exchange of 36,380 shares, Caribbean Cement added 60 cents to finish at $53, with 221,948 shares changing hands, Carreras gained 47 cents trading 14,116 units to close at $9.47. Grace Kennedy fell 75 cents trading 42,225 stock units, to close at $59, Jamaica Broilers rose $1 to close at $33, with 39,975 shares changing hands, JMMB Group rose 50 cents in concluding trading with 96,005 shares at $31, Mayberry Investments lost 50 cents to end trading of 21,120 shares at $9. PanJam Investment gained 70 cents to $81.70, trading 14,162 units, Portland JSX fell 99 cents in trading 4,991 stock units to close at $7.50, Proven Investments dropped $5 to $30 trading 26,000 shares, Pulse Investments fell 39 cents to $2.60, with an exchange of 81,700 stock units, Scotia Group lost 80 cents trading 11,974 shares to close at $50.20 and Supreme Ventures rose 30 cents and finished at record close of $25.30, with 221,684 units changing hands.
Trading in the US dollar market resulted in 128,580 units valued at US$20,831 changing hands. JMMB Group 6% rose 2 cents and closed at $1.04 with 7,500 shares changing hands and Sygnus Credit Investments rose 1 cent trading 121,080 to close at 11 US cents. The JSE USD Equities Index gained 1.52 points to close at 179.58.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Barita Investments, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Kingston Wharves, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, Sagicor Group, Sagicor Real Estate Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Victoria Mutual Investments, Wisynco Group

NCB trades 19m shares on JSE – Wednesday

March 20, 2019 by IC Insider.com

NCB Financial traded 19.3m shares on the JSE on Wednesday.

NCB Financial traded 19.3 million shares to close at $144.90, on the Jamaica Stock Exchange on Wednesday as overall volume climbed to 23,522,368 units for $2,905,278,031, compared to 9,968,983 units at $177,550,346 on Tuesday.
At the close of market, the main and US markets traded 36 securities, compared to 33 trading on Tuesday. There was a total of 15 stocks advancing, 12 declining and 9 closing without price changes.
Trading resulted in, JSE All Jamaican Composite Index falling by 1,108.89 points to 422,094.00 while the JSE Index dropped 1,007.65 points to 384,561.51.
JMMB Group was the second largest trade with 1.13 million shares for just 5 percent of the day’s volume, followed by Supreme Ventures with 1.08 million units, for 5 percent of the total main market volume changing hands.
Market activity ended with an average of 758,786 units valued at $93,718,646, for each security traded, in contrast to 343,758 shares valued at $6,122,426 on Tuesday. The average volume and value for the month to date, amounts to 414,746 shares at $12,506,920 for each security traded, in

contrast to 389,292 shares at $5,984,735 on the prior trading day. Trading for February resulted in an average of 281,016 shares with a value of $11,715,160, for each security traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 9 stocks ending with bids higher than their last selling prices and 4 closing with lower offers.
In main market activity, Barita Investments dropped $3 to close at $41.50, with an exchange of 204,220 shares, Caribbean Cement added 90 cents to finish at $52.40, with 10,460 shares changing hands. Jamaica Broilers fell 65 cents to close at $32, with 29,385 shares changing hands. Jamaica Stock Exchange traded 72,799 shares after rising $1 to $17, Mayberry Investments lost 90 cents to end trading 2,000 shares at $9.50, NCB Financial Group jumped $1.90 trading 19,287,018 shares

to close at $144.90. PanJam Investment gained 80 cents to $81, trading 5,113 units, Portland JSX gained 99 cents in trading 11,119 stock units to close at $8.49, Pulse Investments gained 49 cents to $2.99, with an exchange of 11,555 stock units, Sagicor Group lost 48 cents in trading 196,108 shares, to close at $39.52.
Trading in the US dollar market resulted in 107,911 units valued at $74,474 changing hands. JMMB Group 5.75% preference share shed 4 cents and ended at $2, trading 26,500 shares, JMMB Group 6% rose 2 cents and closed at $1.04 with 7,970 shares changing hands, Margaritaville lost 1 cent and ended at 22 US cents in trading 9,800 shares. Proven Investments rose 1 cent trading 38,141 units at 23 US cents and Sygnus Credit Investments Jamaican dollar ordinary share, traded 25,500 to close at 10 US cents after rising by a cent The JSE USD Equities Index gained 1.31 points to close at 178.06.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Barita Investments, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Kingston Wharves, Margaritaville, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, Sagicor Group, Sagicor Real Estate Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Victoria Mutual Investments, Wisynco Group

Mixed trading on JSE main market – Tuesday

March 19, 2019 by IC Insider.com

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The volume of stocks traded on the main and US dollar markets of the Jamaica Stock Exchange on Tuesday rose over Monday’s level, with just a minimal decline in value as less securities were active.
Main market activity ended with trading of 9,968,983 units valued $177,550,346 compared to 8,288,904 units valued $178,058,869, on Monday. At the close of market, the main and US markets traded 33 securities, compared to 37 trading on Monday. There was a total of 10 stocks advancing, 17 declining and 6 closing without price changes.
Trading resulted in, JSE All Jamaican Composite Index increasing just 17.65 points to 423,202.89 and the JSE Index advanced by a mere 16.04 points to 385,569.16.
Sagicor Real Estate Fund led trading with 2.11 million shares for 21 percent of the day’s volume, followed by JMMB Group 7.25% preference share ending with 1,384,227 units, for 14 percent of the total main market volume changing hands and Ciboney Group ended with 1,073,453 units, for 11 percent of the day’s volume.
Market activity ended with an average of 343,758 units valued at an average of $6,122,426 for each security traded. In contrast to 251,179 units for an average of $5,395,723 on Monday. The average volume and value for the month to date, amounts to 3389,292 shares at $5,984,735 for each security traded, in contrast to 392,678 shares at $5,973,550 on the prior trading day. Trading for February resulted in an average of 281,016 shares with a value of $11,715,160, for each security traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 8 stocks ending with bids higher than their last selling prices and 4 closing with lower offers.
In main market activity, Barita Investments dropped 25 cents to close at $44.50, with an exchange of 12,225 shares, Berger Paints lost 68 cents to end at $19.32, with the trading of 200 stock units, Caribbean Cement shed 60 cents to finish at $51.50, with 6,724 shares changing hands. Jamaica Producers rose 75 cents to close at $23.75, with 557,169 shares changing hands. Mayberry Investments rose $1.11 and ended trading 575,345 shares at $10.10, NCB Financial Group dropped $1.80 trading 375,654 shares to close at $143. PanJam Investment lost $1.30 to $80.20, trading 50,869 units, Pulse Investments shed 50 cents and closed at $2.50, with an exchange of 497,091 stock units, Sagicor Group gained 50 cents in trading 27,458 shares, to close at $40. Scotia Group gained 75 cents in trading 1,049,510 stock units to close at $51 and Supreme Ventures concluded trading with a gain of 50 cents to end at $24.90, with 409,756 stock units changing hands.
Trading in the US dollar market resulted in 200,128 units valued at $67,748 changing hands. JMMB Group 5.75% preference share gained 4 cents and ended at $2.04, trading 10,000 shares, JMMB Group 6% lost 2 cents and closed at $1.02 with 10,000 shares changing hands, Proven Investments lost 2 cents trading 155,744 units at 22 US cents and Sygnus Credit Investments Jamaican dollar ordinary share traded 24,384 to close at 9 US cents after falling by a cent. The JSE USD Equities Index lost 6.29 points to close at 176.75.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Barita Investments, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Kingston Wharves, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Proven Investments, Sagicor Group, Sagicor Real Estate Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Victoria Mutual Investments, Wisynco Group

Trading down for JSE main market – Monday

March 19, 2019 by IC Insider.com

Main market volume contracts.

More stocks traded on the main and US dollar markets of the Jamaica Stock Exchange on Monday but with much lower volume of trading than on Friday, while the value traded slipped moderately.
Main market activity ended with 8,288,904 units valued $178,058,869 trading, compared to 12,313,288 units valued $192,392,395 changing hands, on Friday.
At the close of market, the main and US markets traded 37 securities, compared to 34 trading on Friday. There was a total of 14 stocks advancing, 12 declined and 11 closed without price changes.
The reduced trading resulted in, JSE All Jamaican Composite Index falling by 809.64 points to 423,185.24 and the JSE Index declining by 735.72 points to 385,553.12.
Stanley Motta led trading with 5 million shares for 60 percent of the day’s volume, followed by Scotia Group ending with 948,696 units, for 11.5 percent of the total main market volume changing hands and Wisynco Group ended with 910,793 units, for 11 percent of the day’s volume.

Market activity ended with an average of 251,179 units valued at $5,395,723 for each security traded, in contrast to 373,130 shares valued at $5,830,073 on Friday. The average volume and value for the month to date, amounts to 392,678 shares at $5,973,550 for each security traded, in contrast to 405,757 shares at $6,032,403 on the prior trading day. Trading for February resulted in an average of 281,016 shares with a value of $11,715,160, for each security traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 10 stocks ending with bids higher than their last selling prices and 4 closing with lower offers.
In main market activity, Barita Investments dropped $2.25 to close at $44.75, with an exchange of 208,400 shares, Caribbean Cement gained 60 cents to finish at $52.10, with just 405 shares changing hands, Jamaica Broilers rose 63 cents in trading 51,527 units to close at $32.51. Jamaica Producers rose 45 cents to close at $23, with 4,800 shares changing hands, Kingston Wharves lost $3 to settle at $72, trading 7,094 units, Mayberry Investments rose 39 cents and ended trading 83,841 shares at $8.99, Mayberry Jamaican Equities fell 80 cents to settle at $9.20, with an exchange of 36,764 units. NCB Financial Group gained 30 cents trading 494,218 shares to close at $144.80. PanJam Investment rose $1.50 to $81.50, trading 1,190 units, Pulse Investments added 50 cents

and closed at $3, with an exchange of 52,200 stock units, Sagicor Group gained 50 cents in trading 19,591 shares, to close at $39.50. Salada Foods gained $1 trading 1,100 units to close at $30, Scotia Group fell 76 cents in trading 948,696 stock units to close at $50.25 and Seprod lost $1 to close at $43, with 27,853 shares changing hands.
Trading in the US dollar market resulted in 24,598 units valued at $14,997 changing hands. JMMB Group 5.75% closed at $2 with 5,000 shares changing hands, Productive Business Solution US ordinary share traded 1,000 units to close with a rise of 1 cent at 58.99 cents, Proven Investments traded 18,198 units at 24 US cents and Sygnus Credit Investments Jamaican dollar ordinary share traded 400 to close at 10 US cents. The JSE USD Equities Index rose 4.17 points to close at 183.04.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Barita Investments, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Kingston Wharves, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Productive Business Solution, Proven Investments, Sagicor Group, Sagicor Real Estate Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Victoria Mutual Investments, Wisynco Group

Gains for JSE main market – Friday

March 15, 2019 by IC Insider.com

The market indices of the main market of the Jamaica Stock Exchange rose at the end of trading on Friday, with JSE All Jamaican Composite Index increased by 805.06 points to 423,994.88 and the JSE Index advanced 731.56 points to 386,288.84.
At the close of market, the main and US markets traded 34 securities, compared to 31 trading on Thursday as 11 advanced, 18 declined and 5 traded without prices changing.
Main market activity ended with 12,313,288 units valued $192,392,395 trading, compared to 4,358,596 units valued $135,130,896 changing hands, on Thursday.
Wisynco Group led trading with 6.38 million shares for 51.8 percent of the day’s volume, followed by Ciboney ending with 1.67 million units, for 13.6 percent of the total main market volume changing hands and Jamaica Broilers ended with 1.63 million units, for 12.5 percent of the day’s volume.
Market activity ended with an average of 373,130 units valued $5,830,073 for each security trading, in contrast to 155,664 shares valued at $4,826,103 on Thursday. The average volume and value for the month to date, amounts to 405,757 shares at $6,032,403 for each security traded, in contrast to 409,081 shares at $6,055,347 on the prior trading day. Trading for February resulted in an average of 281,016 shares with a value of $11,715,160, for each security traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 7 stocks ending with bids higher than their last selling prices and 3 closing with lower offers.
In main market activity, Berger Paints gained 50 cents and ended at $20, trading 7,650 stock units, Caribbean Cement fell 50 cents to finish at $51.50, with 81,125 shares changing hands, Eppley dropped 35 cents to close at $10, trading 913 stock units, Jamaica Broilers lost $1.12 in trading 1,532,550 units at $31.88. Jamaica Producers rose 55 cents to close at $22.55, with 51,269 shares changing hands, Mayberry Jamaican Equities added 41 cents to settle at $10, with an exchange of 38,103 units, NCB Financial Group lost 50 cents trading 67,660 shares to close at $144.50. PanJam Investment lost $1.70 to end at $80, in trading 3,810 units, Sagicor Group gained 45 cents in trading 18,701 shares, to close at $39. Salada Foods lost 95 cents trading 1,808 units to close at $29.05, Scotia Group fell 39 cents to end trading at $51.01, with 150,247 units, Seprod lost 50 cents to close at $44, with 31,309 shares changing hands, Supreme Ventures concluded trading at $24.40, with 237,378 stock units, Sygnus Credit Investments added 35 cents to close at $13.65 trading 17,212 shares and Wisynco Group fell 50 cents settled at $11.50, with an exchange of 6,381,077 shares.
Trading in the US dollar market resulted in 67,189 units valued at $18,750 changing hands. JMMB Group 6% preference share concluded trading of 147 units with a rise of 4 cents to end at US$1.04, JMMB Group 5.75% closed at $2 with 5,500 shares changing hands, Margaritaville ended trading of 2,828 share at 23 US cents after falling 1 cent. Proven Investments traded 8,214 units at 24 US cents after rising by 1 cent and Sygnus Credit Investments Jamaican dollar ordinary share traded 50,500 to close at 10 US cents The JSE USD Equities Index rose 0.11 points to close at 178.87.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Barita Investments, Caribbean Cement, Carreras, Ciboney, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Kingston Wharves, Margaritaville, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Proven Investments, Sagicor Group, Sagicor Real Estate Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Victoria Mutual Investments, Wisynco Group

JSE index main market drops – Thursday

March 14, 2019 by IC Insider.com

Jamaica Stock Exchange.

The market indices of the main market of the Jamaica Stock Exchange lost value at the end of trading on Thursday with JSE All Jamaican Composite Index falling 2,235.38 points to 423,189.82 and the JSE Index declining 2,031.30 points to 385,557.28.
At the close of market, the main and US markets traded 31 securities, compared to 37 trading on Wednesday as 12 advanced, 12 declined and 7 traded without prices changing.
Main market activity ended with 4,358,596 units valued $135,130,896 trading, compared to 14,753,152 units valued $304,256,799 changing hands, on Wednesday.
Jamaica Producers led trading with just less than 1.22 million shares for 28 percent of the day’s volume, Supreme Ventures ended with 1.04 million units, for 24 percent of the total main market volume changing hands and PanJam Investment ended with 854,177 units, for 20 percent of the day’s volume.
Market activity ended with an average of 155,664 units valued at over $4,826,103, in contrast to 433,916 shares valued at $8,948,729 on Wednesday. The average volume and value for the month to date, amounts to 409,081 shares at $6,055,347 for each security traded, in contrast to 433,052 shares at $6,186,217 on the prior trading day. Trading for February resulted in an average of 281,016 shares with a value of $11,715,160, for each security traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 6 stocks ending with bids higher than their last selling prices and 6 closing with lower offers.
In main market activity, Barita Investments dropped $1.35 to closed at $47.20, trading 19,000 stock units, Caribbean Cement gained 92 cents to finish at $52, with 2,525 shares changing hands, Jamaica Broilers rose $1.50 in trading 10,527 units at $33. Jamaica Producers lost $1.25 to close at $22, with 1,219,097 shares changing hands, Jamaica Stock Exchange ended at $16, with a rise of $2 in trading 72,142 shares, NCB Financial Group rose 50 cents trading 28,550 shares to close at $145, 138 Student Living lost $1.40 to close at $4 in trading just 2,000 units. PanJam Investment lost 30 cents to end at $81.70, in trading 854,177 units, Sagicor Group gained 45 cents in trading 47,705 shares, to close at $38.55. Salada Foods lost 95 cents trading 1,808 units to close at $29.05, Seprod jumped $1.90 to close at $44.50, with 9,463 shares changing hands and Sygnus Credit Investments lost 40 cents to close at $13.30 trading 40,954 shares.
Trading in the US dollar market resulted in 140,420 units valued $31,726 changing hands. Margaritaville ended trading of 9,804 share at 24 US cents after gaining 3 cents, Proven Investments traded 125,800 units at 23 US cents after rising by 1 cent and Sygnus Credit Investments Jamaican dollar ordinary share traded 4,816 but lost 0.1 cent to close at 10 US cents. The JSE USD Equities Index rose 2.99 points to close at 178.76.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Barita Investments, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Kingston Wharves, Margaritaville, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Proven Investments, Sagicor Group, Sagicor Real Estate Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Victoria Mutual Investments, Wisynco Group

Modest gains for JSE indices – Wednesday

March 13, 2019 by IC Insider.com

The market indices of the main market of the Jamaica Stock Exchange made just modest gains at the end of trading on Wednesday with JSE All Jamaican Composite Index inching a mere 78.55 points higher to 425,425.20 and the JSE Index added just 71.38 points to end at 387,588.58.
At the close of market, the main and US markets traded 37 securities, compared to 40 trading on Tuesday as 11 advanced, 15 declined and 11 traded without changes in prices.
Main market activity ended with 14,753,152 units valued $304,256,799 trading, compared to 13,672,324 units valued at $88,199,433 changing hands, on Tuesday. Trading volume was boosted, by the switching of stocks between portfolios, within a group.
Wisynco Group led trading with 3.74 million shares for 25.4 percent of the day’s volume, JMMB Group 7.5% preference share ended with 3.62 million units, for 24.5 percent of the total main market volume changing hands and Caribbean Cement ended with 1.55 million units, for 10.5 percent of the day’s volume.
Market activity ended with an average of 433,916 units valued at an average of $8,948,729 for each security traded. In contrast to 402,127 units for an average of $2,594,101 on Tuesday. The average volume and value for the month to date, amounts to 433,052 shares at $6,186,217 for each security traded, in contrast to 432,940 shares at $5,776,063 on the prior trading day. Trading for February resulted in an average of 281,016 shares with a value of $11,715,160, for each security traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 6 stocks ending with bids higher than their last selling prices and 2 closing with lower offers.
In main market activity, Berger Paints ended with a loss of 50 cents at $19.50, trading 661,200 stock units, Caribbean Cement closed with a loss of $2.32 to finish at $53.40, with 23,970 shares changing hands, Eppley rose 35 cents and ended trading at $10.35, in exchanging 1,750 shares, Grace Kennedy lost 50 cents trading 69,179 stock units at $60. Jamaica Broilers lost 50 cents and finished trading 90,452 units at $31.50. Jamaica Producers rose 75 cents and closed at $23.25, with 1,192,097 shares changing hands, Jamaica Stock Exchange ended at $14, with a loss of $1 in trading 58,251 shares, JMMB Group rose 49 cents and concluded trading of 44,818 shares at $32. Kingston Properties rose 60 cents to finish exchanging 3,500 stock units at $6.60, Kingston Wharves fell $1 to settle at $75, with an exchange of 7,402 units, Mayberry Investments lost 50 cents and ended trading 419,408 shares, to close at $8.50. NCB Financial Group lost 50 cents trading 374,131 shares to close at $144.50, PanJam Investment climbed $2 and ended 52 weeks’ closing high of $82, with 42,011 units trading,after posting an intraday high of $85, Sagicor Group fell $1.40 in trading 109,500 shares, to close at $38.10. Salada Foods rose $1 in trading 15,582 units to close at $30, Scotia Group fell 40 cents and finished trading 37,132 shares at $51.90 and Seprod slipped 95 cents to close at $42.60, with 157,013 shares changing hands.
Trading in the US dollar market resulted in 50,550 units valued at $35,246 changing hands. JMMB Group 5.75% preference share ended trading of 15,000 stock units at $2, JMMB Group 6% preference share traded 1,500 units at US$1 after falling by 4 cents and Sygnus Credit Investments Jamaican dollar ordinary share traded 34,050 but rose 0.1 cent to close at 11 US cents.The JSE USD Equities Index rose 0.11 points to close at 175.77.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Barita Investments, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Kingston Wharves, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Proven Investments, Sagicor Group, Sagicor Real Estate Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Victoria Mutual Investments, Wisynco Group

JSE stocks make gains – Tuesday

March 12, 2019 by IC Insider.com

The market indices of the main market of the Jamaica Stock Exchange rose at the end of trading on Tuesday with JSE All Jamaican Composite Index climbing 1,689.91 points to 425,346.65 and the JSE Index advancing 1,535.64 points to 387,517.20.
At the close of market, the main and US markets traded 40 securities, compared to 39 trading on Monday as 11 advanced, 14 declined and 15 traded without changes in prices.
Main market activity ended with 13,672,324 units valued at $88,199,433 trading, compared to 36,767,031 units valued at $321,823,355 changing hands, on Monday.
JMMB Group 7.5% preference share led trading with 8.38 million shares for 61 percent of the day’s volume, JMMB Group 7.25% preference share ended with 1.9 million units, for 14 percent of the total main market volume changing hands and Mayberry Jamaican Equities ended with 1.42 million units, for just 10 percent of the day’s volume.
Market activity ended with an average of 402,127 units valued at $2,594,101, in contrast to 1,081,383 units valued at $9,465,393 shares on Monday. The average volume and value for the month to date, amounts to 432,940 shares at $5,776,063 shares, in contrast to 437,535 shares at $6,330,866 on the prior trading day. Trading for February resulted in an average of 281,016 shares with a value of $11,715,160, for each security traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 5 stocks ending with bids higher than their last selling prices and 1 closing with a lower offer.
In main market activity, Caribbean Cement closed with a gain of $1.40 to finish at $53.40, with 23,970 shares changing hands, Jamaica Broilers lost 30 cents and finished trading 8,681 units at $32. Jamaica Producers shed 65 cents and closed at $22.50, with 35,000 shares changing hands, Kingston Wharves rose $1 to settle at $76, with an exchange of 6,247 units, Mayberry Investments lost 50 cents and ended trading of 135,556 shares, to close at $9, Sagicor Group fell 50 cents in trading 25,221 shares, to close at $39.50. Salada Foods dropped $3.70 in trading 14,000 units to close at $29, Scotia Group gained $1.09 and finished trading 7,720 shares at $51.90, Seprod slipped 35 cents to close at $43.55, with 42,959 shares trading and Wisynco Group gained 30 cents and ended trading 511,306 shares at $12.
Trading in the US dollar market resulted in 77,607 units valued at US$30,017 changing hands. JMMB Group 5.75% preference share ended trading of 6,000 stock units at $2, JMMB Group 6% preference share traded 7,150 units at US$1.04, Margaritaville lost 3 us cents and ended trading 10,347 shares at 21 US cents. Productivity Business traded 100 stock units at 58 US cents, Proven Investments closed trading with 20,310 units changing hands after rising by 0.5 cents to close at 22 US cents and Sygnus Credit Investments Jamaican ordinary share traded 33,700 but lost 0.1 cent to close at 10 US cents. The JSE USD Equities Index rose 0.78 points to close at 175.66.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Barita Investments, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Kingston Wharves, Margaritaville, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Productive Business Solution, Proven Investments, Sagicor Group, Sagicor Real Estate Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Victoria Mutual Investments, Wisynco Group

More slippage for JSE stocks

March 11, 2019 by IC Insider.com

More prices of stocks declined in main market trading on the Jamaica Stock Exchange on Monday, leading to the JSE All Jamaican Composite Index falling 1,124.08 points to 423,656.74 and the JSE Index declining 1,021.46 points to 385,981.56 on a day when volume trading jumped sharply.
At the close of market, the main and US markets traded 39 securities, compared to 37 trading on Friday as 12 advanced, 14 declined and 13 traded without changes in prices.
Main market activity ended with 36,767,031 units valued at $321,823,355 trading, compared to 4,603,011 units valued $150,633,830 changing hands, on Friday.
Kingston Properties led trading with 18.7 million shares for 50.85 percent of the day’s volume, Sagicor Real Estate Fund ended with 15.5 million units, for 42 percent of the total main market volume changing hands and Mayberry Jamaican Equities ended with 764,943 units, for just 2 percent of the day’s volume.
Market activity ended with an average 1,081,383 units valued at $9,465,393, in contrast to 135,383 shares valued at $4,430,407 on Friday. The average volume and value for the month to date, amounts to 437,535 shares at $6,330,866 shares, in contrast to 391,249 shares at $7,075,160 on the prior trading day. Trading for February resulted in an average of 281,016 shares with a value of $11,715,160, for each security traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 8 stocks ending with bids higher than their last selling prices and 3 closing with lower offers.
In main market activity, Berger Paints rose 49 cents and ended at $20, with an exchange of 10,250 stock units, Caribbean Cement closed with a gain of 98 cents to finish at $52, with 23,970 shares changing hands, Grace Kennedy rose 50 cents in trading 15,064 stock units, to close at $60.50. Jamaica Broilers finished trading of 42,075 units at $32.30, after falling $1.69. Jamaica Producers shed 34 cents and closed at $23.15, with 3,460 shares changing hands, JMMB Group concluded trading of 8,502 shares with a decline of by 50 cents to close at $31.51, Kingston Properties dropped 60 cents to settle at $6, trading 18,697,750 shares. Kingston Wharves dropped $2 to settle at $75, with an exchange of 3,500 units, Mayberry Investments rose by 50 cents and ended trading of 60,000 shares, at $9.50, Sagicor Group rose $1 in trading 100,736 shares, to close at $40. Salada Foods jumped $4.70 in trading 2,975 units to close at $32.70, Stanley Motta rose 40 cents to close at $4.90, trading 100,000 shares, Supreme Ventures rose $1 to finish at $23 with 78,766 units changing hands and Victoria Mutual Investments rose 35 cents to finish at $4, with an exchange of 493,408 units.
Trading in the US dollar market resulted in 5,055,932 units valued at US$539,604 changing hands. JMMB Group 5.75% preference share ended trading of 2,751 stock units at $1.50, JMMB Group 6% preference share traded 22,233 units at US$1.04 and JMMB Group 5.75% customers’ preference share settled at US$2 in trading 974 shares. Proven Investments closed trading with 19,360 units changing hands at 21.5 US cents and Sygnus Credit Investments USD ordinary shares traded 5,010,614 lost 1 cent to close at 10.1 US cents The JSE USD Equities Index fell 1.20 points to close at 174.88.