Sagicor Group — Page 142

Main market stocks make gains – Monday

November 19, 2018 by IC Insider.com

Grace new HQ close to the end of construction in downtown Kingston

Stocks remained volatile in trading on the Jamaica Stock Exchange on Monday, but the main market indices closed higher with the All Jamaica Index ending 3,162 points ahead of Friday’s close closing much lower than the 9,168.21 points it put on, 30 minutes after trading opened.
Market activity closed with 30 active securities in the main and US dollar markets, compared to 30 on Friday with the prices of 11 stocks rose, 14 declined and 5 remained unchanged.
The All Jamaica Composite Index jumped 3,162.03 points to 392,013.71 and the JSE Index advanced 2,880.96 points to close at 357,168.84.
Main market trading closed with Grace Kennedy leading with 7,016,055 units, or just less than 82 percent of the day’s volume, PanJam Investment with 305,749 units with and 3.6 percent of volume traded.
IC bid-offer Indicator|At the end of trading, the Choice bid-offer indicator reading shows just 7 stocks ending with the bid higher than the last selling prices and 2 closing with lower offers.
The market closed with much more trading volume and value than on Friday as 8,566,949 units valued at $433,399,089 changed hands, compared with 7,711,871 units valued at $172,980,680 being exchanged, on Friday.
Trading resulted in an average of 295,412 units valued at over $14,944,796, in contrast to 275,424 shares valued at $6,177,881 on Friday. The average volume and value for the month to date, amounts to 256,707 valued at $4,301,615, compared to 253,590 valued at $3,374,731. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In the main market activity, Berger Paints rose 40 cents and ended at $19, trading 5,200 stock units, Carreras concluded trading of 32,622 units and rose of 50 cents at $9.50, Caribbean Cement dropped $7.75 to close at $42.25 in trading of 28,547 shares, Grace Kennedy rose $1 to end trading 7 million shares to close at $54, Jamaica Producers dipped $2.51 to end at $22, trading 4,130 shares, JMMB Group declined $1.20 to $31.80, with an exchange of 28,707 shares, PanJam Investment dropped $4 in closing at $61.70, with an exchange of 305,749 stock units, Sagicor Group gave up $1.50 and settled at $37 with an exchange of 130,395 shares, Sagicor Real Estate Fund lost 55 cents and settled at $11.45, trading 28,900 shares, Salada Foods rose $1 to close at $21.50 trading 6,300 shares, Scotia Group dropped $2.99 trading 31,977 to close at $53, Seprod gained $1 to end trading of 150,547 shares at $29.50, traded 8,063 shares and rose Stanley Motta 70 cents to $5.25, Sterling Investments climbed 75 cents to $20.50, trading 1,100 shares and Supreme Ventures lost 99 cents and ended at $16, with an exchange of 44,431 shares.

Trading in the US dollar market amounted to 17,541 units valued at $3,348 as Proven Investments was the sole stock trading and ended at 19 U$ cents.
The JSE USD Equities Index inched 0.36 points higher to close at 157.79.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 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

NCB jumps sharply to a new record – Friday

November 16, 2018 by IC Insider.com

NCB closed at a record high on Friday.

The Jamaica Stock Exchange closed on Friday, with NCB Financial Group jumping $7.58 and ended trading 585,404 shares at record $137.99, after the Financial Securities commission of Trinidad announced clearance for NCB to proceed with the acquisition of up to nearly 52 percent of Guardian Holdings.
Market activity closed with 30 active securities in the main and US dollar markets, compared to 32 on Thursday with the prices of 14 stocks rose, 10 declined and 6 remained unchanged.
The All Jamaica Composite Index lost 1,646.73 points to 388,851.68 and the JSE Index declined by 1,500.36 points to close at 354,287.88.
Main market trading closed with Carreras leading with 4,106,737 units, or 53 percent of the day’s volume, JMMB Group 7.25% preference shares with 862,000 units with and 11 percent of volume traded and NCB Financial with 585,404 units accounting for 7.6 percent of main market volume.
IC bid-offer Indicator|At the end of trading, the Choice bid-offer indicator reading shows just 7 stocks ending with the bid higher than the last selling prices and 2 closing with lower offers.
The market closed with much more trading volume than on Thursday, as 7,711,871 units valued at $172,980,680 changed hands, compared with 3,304,274 units valued at $77,547,412 being exchanged, on Thursday.
Trading resulted in an average of 275,424 units valued at over $6,177,881, in contrast to 110,142 shares valued at $2,584,914 on Thursday. The average volume and value for the month to date, amounts to 253,590 valued at $3,374,731, compared to 251,748 valued at $3,117,393. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In the main market activity, Caribbean Cement jumped $4 to close at $50 in trading of 48,646 shares, Grace Kennedy fell 60 cents to end trading of 63,596 shares at $55, Jamaica Producers gained $1.50 to end at $24.51, trading 650,876 shares, Jamaica Stock Exchange lost 84 cents, in closing at $10.16, trading 96,393 shares, JMMB Group declined $1 to $33, with an exchange of 231,551 shares, Kingston Wharves rose $1.90 to $77.90 trading 2,683 shares, Mayberry Investments rose 43 cents to settle at $10, in exchanging 46,773 units, NCB Financial Group jumped $7.58 and ended trading of 585,404 shares at $137.99. PanJam Investment gained 60 cents in closing at $65.70, with an exchange of 40,135 stock units, Sagicor Real Estate Fund rose 50 cents and settled at $12, trading 12,010 shares, Salada Foods lost $1 to close at $20.50 as 19,000 shares traded, Scotia Group rose $2.49 trading 100,792 to close at $55.99, Seprod lost $1 to end trading of 209,641 shares at $28.50 and Supreme Ventures added 49 cents and ended at $16.99, with an exchange of 100 shares.
Trading in the US dollar market amounted to 52,105 units valued at $12,214. JMMB Group completed trading at $1.05 with 2,704 stock units and Proven investments completed trading 49,401 shares and lost 1 cent to end at 19 U$ cents and rose 0.5 cents. The JSE USD Equities Index fell 2.22 points to close at 157.43.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, 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, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Victoria Mutual Investments, Wisynco Group

Falling stocks dominate JSE main market – Thursday

November 15, 2018 by IC Insider.com

The Jamaica Stock Exchange main market lost more ground on Thursday, with volume exceeding Wednesday’s levels by a wide margin.
Market activity closed with 32 active securities in the main and US dollar markets, compared to 33 on Wednesday with the prices of 8 stocks rose, 18 declined and 6 remained unchanged.
The All Jamaica Composite Index lost 299.44 points to end at 390,498.41 and the JSE Index declined by 272.83 points to close at 355,788.24.
Main market trading closed with Jamaica Producers leading with 650,876 units, or 19.7 percent of the day’s volume, Seprod with 616,205 units and 18.7 percent of volume traded and 1834 Investments with 443,270 units accounting for 13.4 percent of main market volume.
IC bid-offer Indicator|At the end of trading, the Choice bid-offer indicator reading shows just 2 stocks ending with the bid higher than the last selling prices and 3 closing with lower offers.
The market closed with much trading volume than on Wednesday as 3,304,274 units valued at $77,547,412 changed hands, compared with 7,229,792 units valued at $190,325,727 being exchanged, on Wednesday.
Trading resulted in an average of 110,142 units valued at over $2,584,914, in contrast to 225,931 shares valued at $5,947,679 on Wednesday. The average volume and value for the month to date, amounts to 251,748 valued at $3,117,393, compared to 265,815 valued at $3,175,481. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In the main market activity, Barita Investments lost $1 to close at $19, trading 140,000 shares, Berger Paints lost $1.40 and ended at $18.60, with 6,680 stock units, Caribbean Cement dived $4 to close at $46 in trading of 500 shares, Grace Kennedy rose 60 cents to end trading of 10,836 shares at $55, Jamaica Producers dipped 99 cents to end at $23.01, trading 650,876 shares, Jamaica Stock Exchange lost 84 cents, in closing at $10.16, trading 96,393 shares, JMMB Group rose $1.60 to $34, with an exchange of 63,957 shares, Kingston Wharves dropped $2 to $76 trading 14,080 shares, Mayberry Investments shed 43 cents to settle at $9.57, in exchanging 13,638 units, NCB Financial Group rose 40 cents and ended trading of 164,248 shares at $130.41. PanJam Investment gained 60 cents in closing at $65.10, with an exchange of just 1,775 stock units, Sagicor Group declined 90 cents to $38.65, trading 37,603 shares, Sagicor Real Estate Fund fell 98 cents and settled at $11.50, trading 64,571 shares, Scotia Group rose $4.70 trading 90,583 to close at $55.99, Seprod rose $2.50 to end trading 616,205 shares at $29.50, Sterling Investments lost 75 cents and closed at $19.75, trading 800 shares, Supreme Ventures lost 50 cents and ended at $16.50, with an exchange of 156,532 shares and Sygnus Credit Investments Jamaican dollar based ordinary share dropped 95 cents in trading 33,550 units at $11.05.
Trading in the US dollar market amounted to 40,126 units valued at $5,783. Proven investments completed trading 21,126 shares to end at 20 U$ cents and rose 0.5 cents and Sygnus Credit Investments US dollar based ordinary share dropped 2 cents in trading 19,000 units at an all-time low of 8 US cents. The JSE USD Equities Index fell 3.13 points to close at 159.65.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: 1834 Investments, Barita Investments, Caribbean Cement, 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, Wisynco Group

Palace plunged $500 on Wednesday

November 14, 2018 by IC Insider.com

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Palace Dropped $500 back to $1,000.

After months with no trades, with investors offering the stock well below that last traded price of $1,500, Palace Amusement finally traded but with just 100 units, the trade took place on The Jamaica Stock Exchange on Wednesday for $500 less than the previous traded price.
Market activity closed with 33 active securities in the main and US dollar markets, compared to 30 on Tuesday with the prices of 10 stocks rose, 9 declined and 14 remained unchanged.
The All Jamaica Composite Index lost 139.79 points to close at 390,797.85 and the JSE Index declined by 127.37 points to close at 356,061.07.
Main market trading closed with Jamaica Broilers leading with 2,506,851 units, or 34.7 percent of the day’s volume, Scotia Group with 1,533,780 units and 21 percent of volume traded and Radio Jamaica with 1,002,700 units accounting for 13.9 percent of main market volume.
IC bid-offer Indicator|At the end of trading, the Choice bid-offer indicator reading shows just 3 stocks ending with the bid higher than the last selling prices and 5 closing with lower offers.
Trading closed with 7,229,792 units valued at $190,325,727 changing hands compared with 2,275,042 units valued at $61,431,938 being exchanged, on Tuesday.
Trading resulted in an average of 225,931 units valued at over $5,947,679, in contrast to 81,252 shares valued at $2,193,998 on Tuesday. The average volume and value for the month to date, amounts to 265,815 valued at $3,175,481, compared to 270,542 valued at $2,810,418. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In the main market activity, Barita Investments shed 50 cents to close at $20, trading 12,416 shares, Berger Paints shed $2.95 and ended at $20, trading 3,500 stock units, Caribbean Cement climbed $1 to close at $50 in trading of 13,030 shares, Grace Kennedy lost 70 cents and ended trading 63,596 shares at $55. Jamaica Broilers traded 40,054 stock units and rose $1.32 to close at $30, Jamaica Stock Exchange gained 50 cents, in closing at $11, trading 277,496 shares, JMMB Group fell 50 cents and ended at $32.50, with an exchange of 36,416 shares, Kingston Wharves climbed $2 to $78 trading 20,100 shares, Mayberry Investments added 43 cents to settle at $10, in exchanging 26,167 units, NCB Financial Group dropped $1.99 in trading of 91,041 shares at $130.01. Palace Amusement traded just 100 units but fell $500 in closing at $1,000, PanJam Investment lost $1.20 in closing at $64.50, with an exchange of just 3,690 stock units, Pulse Investments rose 60 cents in trading 3,000 units at $3.60, Sagicor Group rose 55 cents to $39.55, trading 222,240 shares, Salada Foods gained 50 cents and settled at $21.50, trading 14,000 shares, Scotia Group traded 1,533,780 shares and declined $1.70 at $48.80 and Seprod dived $8 to end trading 4,389 shares at $27.
Trading in the US dollar market saw Proven investments as the sole stock to trade and completed trading of a mere 367 shares and rose 0.5 cents to end at 20 U$ cents.The JSE USD Equities Index rose 1.86 points to close at 162.78.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 1834 Investments, 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, Palace Amusement, PANJAM Investment, Portland JSX, Productive Business Solution, Proven Investments, Sagicor Group, Sagicor Real Estate Fund, Salada Foods, Scotia Group, Seprod, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Victoria Mutual Investments, Wisynco Group

JSE main market down again on Tuesday

November 13, 2018 by IC Insider.com

The Jamaica Stock Exchange main market lost ground on Tuesday but with the advancing stocks just edged out declining stocks by one.
Market activity closed with 30 active securities in the main and US dollar markets, compared to 29 on Monday with the prices of 10 stocks rose, 9 declined and 11 remained unchanged.
The All Jamaica Composite Index lost 1,977.46 points to close at 390,937.64 and the JSE Index declined by 1,801.69 points to close at 356,188.44.
Main market trading closed with Scotia Group leading with 498,076 units, or 22 percent of the day’s volume, Wisynco Group with 438,385 units and 19 percent of volume traded and Mayberry Jamaican Equities with 420,374 units accounting for 18.5 percent of main market volume.
IC bid-offer Indicator|At the end of trading, the Choice bid-offer indicator reading shows just 3 stocks ending with the bid higher than the last selling prices and 5 closing with lower offers.
Trading closed with 2,275,042 units valued at $61,431,938 changing hands compared with 2,530,491 units valued at $58,080,585 being exchanged, on Friday.
Trading resulted in an average of 81,252 units valued at over $2,193,998, in contrast to 93,722 shares valued at $2,151,133 on Monday. The average volume and value for the month to date, amounts to 270,542 valued at $2,810,418, compared to 292,443 valued at $2,890,696. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In the main market activity, Barita Investments gained 50 cent to close at $20.50, trading 550 shares, Caribbean Cement jumped $5 to close at $49 in trading of 18,535 shares, Jamaica Producers gained $1 to end at $24, trading 15,800 shares, JMMB Group fell 90 cents and ended at $33, with an exchange of 110,598 shares, Kingston Wharves dropped $2 to $76 trading 4,800 shares, Mayberry Investments shed 43 cents to settle at $9.57, in exchanging 32,704 units, NCB Financial Group lost $1 and ended trading 127,194 shares at $132, after trading at a 52 weeks’ high of $135.01. PanJam Investment gained $1.70 in closing at $65.70, with an exchange of just 500 stock units, Sagicor Group rose 50 cents to $39, trading 13,945 shares, Sagicor Real Estate Fund gained 50 cents and settled at $12.50, trading 297 shares and Seprod fell $1 and finished trading 4,833 shares at $35.
Trading in the US dollar market ended with 12,200 units valued at over US$20,506 traded, Proven investments completed trading of 429,681 shares and fell 3.5 cents to end at 19.5 U$ cents and Sygnus Credit Investments traded 2,500 units after falling 1 cent to 10 US cents. The JSE USD Equities Index declined by 14.71 points to close at 160.92.

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, Scotia Group, Seprod, Stanley Motta, Supreme Ventures, Sygnus Credit, Trading Activity, Victoria Mutual Investments, Wisynco Group

JSE main market in modest gain on Monday

November 12, 2018 by IC Insider.com

The Jamaica Stock Exchange main market made modest gains in closing of Monday but with an adverse advance decline ratio.
Market activity closed with 29 active securities in the main and US dollar markets, compared to 27 on Friday with the prices of 9 stocks rising, 12 declining and 8 remaining unchanged.
The All Jamaica Composite Index rose 2 437.04 points to close at 392,915.10 and the JSE Index gained 398.19 points to close at 357,990.13.
Main market trading closed with Carreras leading with 712,517 units, or 28 percent of the day’s volume and Wisynco Group with 397,647 units and 15.7 percent of volume traded.
IC bid-offer Indicator|At the end of trading, the Choice bid-offer indicator reading shows just 1 stock ending with the bid higher than the last selling price and 4 closing with lower offers.
Trading closed with 2,530,491 units valued at $58,080,585 changing hands compared with 4,441,819 units valued at $191,130,108 being exchanged, on Friday.
Trading resulted in an average of 93,722 units valued at over $2,151,133, in contrast to 177,673 shares valued at $7,645,204 on Friday. The average volume and value for the month to date, amounts to 292,443 valued at $2,890,696, compared to 317,399 valued at $2,996,910. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In the main market activity, Caribbean Cement added $1.75 to close at $44 in trading of 18,535 shares, Grace Kennedy lost 30 cents in trading 9,286 shares to close at $55.70, Jamaica Broilers lost 50 cents to end at $28.50, trading 15,793 shares, JMMB Group fell 90 cents and ended at $33, with an exchange of 110,598 shares, Kingston Wharves jumped $2 to $78 trading 5,725 shares, Mayberry Investments shed 50 cents to settle at record high of $10, in exchanging 10,100 units, PanJam Investment gained $1 in closing at $64, with an exchange of just 500 stock units, Sagicor Group declined $1.50 to $38.50, trading 42,898 shares, Sagicor Real Estate Fund fell 50 cents and settled at $12, trading 943 shares, Scotia Group rose 50 cents in trading 145,471 shares to close at $50.50, Seprod lost $2 and finished trading of 17,539 shares at $36,and Supreme Ventures rose $1, ending at $17, trading 126,262 units.
Trading in the US dollar market ended with 12,200 units valued at over US$20,506 traded, with JMMB Group 5.75% percent preference share completed trading of 10,000 to end at $2 and Proven investments completed trading of 2,200 shares and gained 3 cents to end at 23 U$ cents. The JSE USD Equities Index advanced by 10.30 points to close at 175.63.

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

JSE main market rose again on Friday

November 9, 2018 by IC Insider.com

The Jamaica Stock Exchange main market made more gains in the indices in closing of Friday further eroding the 13,784 points lost between Monday and Wednesday.
Market activity closed with 27 active securities in the main and US dollar markets, compared to 26 on Thursday with the prices of 9 stocks falling, 9 rose and 9 remained unchanged.
The All Jamaica Composite Index rose 2,458.12 points to close at 392,478.06 and the JSE Index gained 2,239.62 points to close at 357,591.94.
Main market trading closed with NCB Financial leading with 857,402 units, or 19.3 percent of the day’s volume, Victoria Mutual Investments with 787,348 units and 17.7 percent of volume traded and Jamaica Broilers with 723,426 units with 16.3 percent of the day’s volume.
IC bid-offer Indicator|At the end of trading, the Choice bid-offer indicator reading shows just 1 stock ending with the bid higher than the last selling prices and 4 closing with lower offers.
Trading closed with 4,441,819 units valued at $191,130,108 changing hands compared with 1,665,733 units valued at over $37,959,691 being exchanged, on Thursday.
Trading resulted in an average of 177,673 units valued at over $7,645,204, in contrast to 35,241 shares valued at $1,941,745 on Thursday. The average volume and value for the month to date, amounts to 317,399 valued at $2,996,910, compared to 335,784 valued at $2,283,981. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In the main market activity, Caribbean Cement shed 75 cents to close at $42.25 in closing trading of 31,531 shares, Grace Kennedy jumped $2.90 in trading 12,730 shares to close at $56, Jamaica Producers lost $1.51 to end at $23, trading 234,083 shares, Jamaica Stock Exchange rose 45 cents to close at $10.45, with 69,004 shares traded, JMMB Group rose 89 cents and ended at $33.90, with an exchange of 37,478 shares, Mayberry Investments shed $2.50 to settle at $10.50, in exchanging 15,799 units, Mayberry Jamaica Equities traded 266,879 units but fell 30 cents to close at $10, PanJam Investment gained $1 and closed at $63, with an exchange of 4,774 stock units, Pulse Investments shed $1 trading just 100 shares at $3, Seprod lost $1 and finished trading of 34,130 shares at $38.00, Sagicor Group jumped $1 to $40, trading 33,174 shares and Supreme Ventures lost $1, ending at $16, trading 62,025 units.
Trading in the US dollar market ended with 37,210 units valued at $48,801 traded, with JMMB Group 5.75% percent preference share completed trading of 9,880 to end at $2 and JMMB Group 6% percent preference share completed trading of 27,330 and lost 2 cents to end at $1.05. The JSE USD Equities Index closed unchanged at 165.33.

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

NCB push JSE sharply higher on Thursday

November 8, 2018 by IC Insider.com

NCB had a good 2018 fiscal year with strong profit gains.

NCB Financial Group climbed $6 and ended trading the highest volume for the day of 302,785 shares to end at a record close at $133 and helping the All Jamaica Composite Index to jump over 6,000 points and helping to reverse some of the 13,784 points lost over the previous three days.
At the close of market activity closed with 26 active securities in the main and US dollar markets, on Thursday compared to 29 on Wednesday with the prices of 11 stocks rising while just 5 fell and 10 remained unchanged.
The All Jamaica Composite Index surged 6,136.87 points to close at 390,019.94 and the JSE Index jumped 5,591.38 points to close at 355,352.32.
Trading with just 881,032 units valued at $48,543,633 changing hands compared to 3,082,297 units valued at $88,764,558 being exchanged, on Wednesday.
IC bid-offer Indicator|At the end of trading, the Choice bid-offer indicator reading shows just 1 stock ending with bids higher than the last selling prices and 7 closing with lower offers.
Trading resulted in an average of 35,241 units valued $1,941,745, in contrast to 114,159 units valued at $3,287,576 on Wednesday. The average volume and value for the month to date amounts to 335,784 valued at $2,283,981 compared to 455,927 valued at $2,943,139. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In the main market activity, Barita Investments gained $1 to close at $20, with 11,900 shares traded, Caribbean Cement shed $2 to close at $43 in closing trading of 7,609 shares, Grace Kennedy dropped $1.90 in trading 8,053 shares to close at $53.10, Jamaica Broilers lost $1 to end at $9, trading 21,844 shares, Kingston Wharves rose 95 cents and finished at $75.95, exchanging 1,932 stock units Mayberry Investments climbed $3 to settle at record high of $13, in exchanging 2,773 units, NCB Financial Group traded at a new high of $135 before the close and before the group issued full year results with record profit. PanJam Investment gained 44 cents and closed at $62, with an exchange of 10,800 stock units, Pulse Investments climbed $1 trading just 2,303 shares at a 52 weeks’ high of $4, Sagicor Group jumped $2 to $39, trading 15,747 shares and Sagicor Real Estate Fund rose 80 cents and settled at $12.50, trading 43,668 shares.
Trading in the US dollar market ended with 12,729 units valued at $2,597 with Proven Investments was the sole stock trading as it rose 3 cents to close at 23 US cents. The JSE USD Equities Index declined by 3.25 points to close at 165.33.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Barita Investments, Caribbean Cement, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Kingston Wharves, NCB Financial, PANJAM Investment, Proven Investments, Sagicor Group, Sagicor Real Estate Fund, Sterling Investments, Trading Activity

Another big fall for JSE on Wednesday

November 7, 2018 by IC Insider.com

The volume of stocks trading on the Jamaica Stock Exchange picked up moderately on Wednesday, but that was inadequate to stem another sharp fall in the main market indices as several sharp price movement impacted the market.
At the close of market activity, the prices of 8 securities rose, 13 declined, while 8 remained unchanged, with the All Jamaica Composite Index dropping another 5,289.54 points to close at 383,883.07 after falling 3,094.77 points on Tuesday and falling more than 5,400 points on Monday and the JSE Index dived 4,819.37 points to close at 349,760.94.
Trading closed with 29 active securities in the main and US dollar markets, on Wednesday compared to 30 on Tuesday with 3,082,297 units valued at $88,764,558 changing hands compared with 2,572,843 units valued at $35,216,901 being exchanged, on Tuesday.
Main market trading closed with Scotia Group leading with 1,085,516 units, or 35.2 percent of the day’s volume, Ciboney with 518,577 units for 16.8 percent of main market volume and Supreme Ventures with 486,361 units and 15.8 percent of volume traded.
IC bid-offer Indicator|At the end of trading, the Choice bid-offer indicator reading shows just 2 stocks ending with bids higher than the last selling prices and 7 closing with lower offers.
Trading resulted in an average of 114,159 units valued at over $3,287,576, in contrast to 95,290 shares valued at $1,304,330 on Tuesday. The average volume and value for the month to date amounts to 455,927 valued at $2,943,139, compared to 539.060 valued at $2,116,944. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In the main market activity, Barita Investments lost 50 cents and closed at $20, with 11,900 shares being traded, Caribbean Cement climbed $1 to close at $45 trading of 16,795 shares, Grace Kennedy dropped $2 and ended trading 2,739 shares to close at $55, JMMB Group lost $1 to end at $33, trading 25,600 shares, Jamaica Stock Exchange lost 45 cents in trading 37,505 shares to close at $10, Kingston Wharves lost 95 cents in closing at $75 after trading 7,000 shares, Mayberry Jamaica Equities traded 47,475 units, fell 20 cents to close at $10.30, PanJam Investments fell 44 cents and ended trading 29,500 shares to close at $61.56, Sagicor Group lost $2 and concluded trading41,540 shares at $37. Scotia Group lost $1.20 to end at $50, trading 1,085,516 units, Seprod gained $2.70 to close at $39 trading a mere 2,963 units, Supreme Ventures lost 50 cents and ended at $17, as 486,361 shares were traded and Sygnus Investments traded 21,338 shares after gaining $1 to end at $12.
Trading in the US dollar market ended with 29,530 units valued at $26,401. At the close of the market,JMMB Group 5.75% percent preference share completed trading of 11,120 to end at $2.05, Proven Investments traded 18,410 units at 20 US cents. The JSE USD Equities Index declined by 1.66 points to close at 162.08.

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, Scotia Group, Seprod, Supreme Ventures, Sygnus Credit, Trading Activity, Victoria Mutual Investments, Wisynco Group

Another big fall for JSE on Tuesday

November 6, 2018 by IC Insider.com

The volume of stocks trading on the Jamaica Stock Exchange slipped further on Tuesday, leading to more stocks falling than rising and resulting in another fall in the market indices.
At the close of market activity, the prices of 9 securities rose, 12 declined, while 9 remained unchanged, with the All Jamaica Composite Index dropping another 3,094.77 points after falling more than 5,400 points on Monday to close at 389,172.61 and the JSE Index diving 2,819.68 points to close at 354,580.31.
Trading closed with 30 active securities in the main and US dollar markets, on Tuesday compared to 33 on Monday with 2,572,843 units valued at $35,216,901 changing hands compared with 1,665,733 units valued at over $37,959,691 being exchanged, on Monday.
Main market trading closed with Victoria Mutual Investments leading with 1,026,110 units, or 39.9 percent of the day’s volume and Wisynco Group with 1,006,114 units and 39.1 percent of volume traded.
IC bid-offer Indicator|At the end of trading, the Choice bid-offer indicator reading shows just 2 stocks ending with bids higher than the last selling prices and 7 closing with lower offers.
Trading resulted in an average of 95,290 units valued at over $1,304,330 in contrast to 57,439 shares valued at $1,308,955 on Monday. The average volume and value for the month to date amounts to 539,060 valued at $2,116,944, compared to 681,700 valued at $2,378,141. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In the main market activity, Caribbean Cement gained $1 to close at $44 in closing trading of 2,602 shares, Grace Kennedy rose 50 cents and ended trading 17,355 shares to close at $57, JMMB Group gained $1 to end at $34, trading 27,735 shares, Kingston Wharves gained 95 cents to close at $75.95 with 4,281 stock units trading, Mayberry Investments lost $1.35 to settle at $10, in exchanging 20,365 units, Mayberry Jamaica Equities traded 17,367 units but fell 75 cents to close at $10.50, NCB Financial Group climbed $1.90 and ended trading 50,470 shares to close at $127, Proven Investments traded 15,000 shares in the Jamaica market and lost $3 to close at $27, Sagicor Group dropped $2.99 to settle at $39, with 29,976 shares, Scotia Group lost 79 cents to end at $51.20, trading 93,113 units, Sterling lost $1.50 to close at $20.50 trading a mere 140 units and Sygnus Investments traded 68,100 shares after falling $1 to end at $11.
Trading in the US dollar market ended with 55,380 units valued at $16,074. At the close of the market,JMMB Group 5.75% percent preference share completed trading of 3,880 and lost 1 cents to end at $2.05, Proven Investments traded 27,500 units at 20 US cents and Sygnus Credit Investments US dollar based ordinary share, traded 24,000 units at 11 US cents. The JSE USD Equities Index closed unchanged at 163.74.