Sagicor Group — Page 200

Rising JSE’s stocks doubled – Monday

September 19, 2016 by IC Insider.com

Supreme Ventures traded the most shares on Monday with 6.9m units

Stocks mostly rose on Monday with the number doubling the gains on Friday with losers up moderately. The market indices climbed sharply as advancing stocks beat out number declining stocks 2 to 1 but with much less volumes passing through the market compared to the heavy trading on Friday.
At the close of the market prices of 19 securities gained out of a total of 38 trading, with 11 declining, in the overall market, including 4 stocks rising and 5 falling, in the junior market.
At the close, 12,416,676 units valued at $159,207,495, changed hands, compared to the 56,335,591 units valued at $1,576,979,024 changing hands on Friday. The junior market accounted for 835,628 units valued at $4,086,204 of the total traded on Monday. The big trade of the day was Supreme Ventures with 6,871,362 units valued at $32,318,545 changing hands to close at $4.70 after falling 28 cents. Carreras traded over 1 million shares at a value of $73,955,605.
The market index ended with good gains, with the JSE Market Index climbing 892.01 points to end at 160,141.08. The all Jamaica Composite Index rose 997.57 points to close at 177,928.04 and the JSE combined index surged 1,128.53 points, to end at 172,409.91.
At the close, IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 16 stocks with bids higher than their last selling prices and 3 with lower offers.

In market activity, Barita Investments rose 25 cents and ended with 61,030 units changing hands to close at $3.50, investors pushed the price of Cable & Wireless up by 15 cents to close at 95 cents and picked up 1,594,615 units as selling of the stock abates. Caribbean Cement rose 60 cents, to close at $26.60 with 10,315 units changing hands, Carreras traded 1,137,767 shares to close at $65.50, Investors traded 49,527 shares of 1834 Investments to close with a loss of 6 cents at $1.18, Grace Kennedy lost 50 cents, with 394,085 shares changing hands at $42.50. Jamaica Broilers had 678,683 shares changing hands and gained 5 cents to end at $14.55, Jamaica Producers ended with a gain of 10 cents to close at $8.50 with 108,851 units trading, Jamaica Stock Exchange gained $1 to end at $27.50 while trading 15,168 shares, JMMB Group traded 1,200 units and rose 1 cent to $9.81. Kingston Wharves traded 6,161 shares to close at $17.50, after falling 5 cents, Mayberry Investments had 12,000 shares changing hands, to close with a rise of 5 cents at $3.55,

National Commercial Bank jumped by $1 with 321,588 shares trading and closed at $41, the price of 138 Student Living remained unchanged at $4.70, after 7,150 units changed hands. Pan Jamaican Investments lost just 1 cent and closed at $23.50 after trading 185,496 shares. Radio Jamaica rose 2 cents and closed at $1.42 after 8,000 shares changed hands, Sagicor Group traded 24,120 shares and fell 29 cents to close at $22.81. Sagicor Real Estate Fund traded 38,153 shares to close with a gain of 8 cents at $10.20, Scotia Group gained 30 cents to close at $30.01 with 6,124 shares changing hands. Seprod gained 99 cents to close at $21.50 with 2,333 shares trading and Proven Investments gained 0.95 19.99 US cents.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 1834 Investments, Barita Investments, Cable & Wireless, Caribbean Cement, Carreras, Daily Trading, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, junior market, Kingston Wharves, Mayberry Investments, National Commercial Bank, Pan Jamaican, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Seprod, Supreme Ventures, Trading Activity

10 JSE stocks rise 10 fall -Friday

September 16, 2016 by IC Insider.com

Grace Kennedy traded nearly 28M shares on Friday.

Grace Kennedy traded nearly 28 million shares valued at $1,162,148,683 to be the dominant trade for the day on the Jamaican stock market. Scotia Group traded early in the morning session at $32.40 that helped push the indices over 3,000 points at one stage but the stock fell back and helped to put the main indices into negative territory more than 1,000 points, at the close.
Trading led to the prices of 10 securities gaining out of a total of 37 that traded, with 10 declining in the overall market, including 5 stocks rising and 2 falling, in the junior market.
At the close of the market to 56,335,591 units valued at $1,576,979,024, changed hands, compared to the 2,177,808 units valued at $15,988,922 changing hands on Friday. The junior market accounted for 4,977,327 units valued at $32,514,713 of the total traded on Friday.

At the close of trading, the JSE Market Index dived 1,017.74 points to end at 159,249.07. The all Jamaica Composite Index dropped 1,138.18 points to close at 176,930.47 and the JSE combined index sank 749.64 points, to end at 171,281.38.
At the close, IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 14 stocks with bids higher than their last selling prices and 3 with lower offers.
In market activity, investors picked up 2,041,685 units of Cable & Wireless, the price gained 2 cents in closing at 80 cents, Caribbean Cement fell by $1 to close at $26 with 992,947 units changing hands, Carreras traded 40,840 shares and lost 52 cents to close at $65.50, Grace Kennedy gained $1.55, with 27,892,196 shares changing hands at $43. Jamaica Broilers had 8,030,326 shares changing hands and fell 5 cents to end at $14.50, Jamaica Producers ended unchanged at $8.40 with 509,740 units trading, Jamaica Stock Exchange fell by 50 cents to end at $26.50 while trading 10,200 shares, JMMB Group traded 4,116,935 units and lost 20 cents to $9.80. Kingston Wharves traded 1,800 shares to close at $17.55, Mayberry Investments ended with 2,292,911 shares changing hands, to close at $3.50,

National Commercial Bank had 3,037,523 shares trading and closed with a loss of 25 cents at $40, Pan Jamaican Investments lost 94 cents and closed at $23.51 after trading 326,021 shares. Pulse Investments traded 37,200 shares with a rise of 35 cents to close at $4, Radio Jamaica closed at $1.40 after 110,101 shares changed hands, Sagicor Group traded 358,270 shares while gaining 53 cents to close at $23.10. Sagicor Real Estate Fund traded 4,590 shares to close with a fall of 3 cents at $10.12, Scotia Group dropped $1.80 to close at $30.71 with 1,238,805 shares changing hands. Seprod gained 81 cents to close at $20.51 with 12,000 shares trading and Proven Investments gained 0.95 cent with 297,060 units changing hands to close at 19.99 US cents.

Filed Under: Feature Stories, JSE Combined, Stock Market Tagged With: 1834 Investments, Cable & Wireless, Caribbean Cement, Carreras, Daily Trading, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, junior market, Kingston Wharves, Mayberry Investments, National Commercial Bank, Pan Jamaican, Proven Investments, Pulse Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Seprod, Trading Activity

20 JSE stocks rose 14 fall -Thursday

September 15, 2016 by IC Insider.com

Exchange place Jamaican main market stocks recovered from losses sustained on Thursday with a strong advance decline ratio but with low trading levels. Trading led to the prices of 20 securities gaining out of a total of 43 that traded, with 14 declining in the overall market, including 8 stocks rising and 8 falling, in the junior market.
At the close of the market to 2,177,808 units valued at $15,988,922, changed hands, compared to the 6,452,961 units valued at $39,142,493 changing hands on Wednesday. The junior market accounted for 1,412,005 units valued at $5,750,259 of the total traded on Thursday.
At the close of trading, the JSE Market Index climbed 896.25 points to end at 160,266.81. The all Jamaica Composite Index jumped 1,002.31 points to close at 178,068.65 and the JSE combined index rose 868.84 points, to end at 172,031.02.
ICI JSE sum 15-09-16 At the close, IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 13 stocks with bids higher than their last selling prices and 3 with lower offers, suggesting that advancing stocks should continue to have the upper hand immediately ahead.
In market activity, investors picked up just 31,724 units of Cable & Wireless, the price slipped 2 cents in closing at 78 cents, Caribbean Cement gained 41 cents to close at $27 with just 1,255 units changing hands, Carreras traded 5,037 shares and gained 42 cents to close at $66.02, Investors traded 8,000 shares of 1834 Investments to close at $1.24. Grace Kennedy ended at $41.45, with 18,474 shares changing hand, Jamaica Broilers had 8,152 shares changing hands, to end at $14.55. ICI JSE fn qt 15-09-16 Jamaica Producers lost 10 cents and ended at $8.40 with 3,615 units trading, Jamaica Stock Exchange gained 50 cents and ended at $27 while trading 61,156 shares, JMMB Group traded 22,000 units and rose 10 cents to $10. Kingston Wharves jumped $1.35 in trading 9,780 shares to close at $17.55, Pan Jamaican Investments gained 5 cents and closed at $24.45 after trading 3,610 shares, Radio Jamaica closed at $1.40 after 5,899 shares changed hands, Sagicor Group traded 208,100 shares while falling 53 cents to close at $22.57. Sagicor Real Estate Fund traded 28,000 shares to close with a fall of 20 cents at $10.15, Scotia Group closed with a gain of $1.10 at $31.51 with 24,280 shares changing hands. Seprod gained 19 cents to close at $19.70 with 6,473 shares trading, Supreme Ventures gained 23 cents with 76,730 units changing hands to close at $4.98 and Jamaica Money Market Brokers 7.50% preference share closed with 234,000 units changing hands for a 2 cents fall to $2.08.

Filed Under: JSE Main Market, Stock Market Tagged With: 1834 Investments, Cable & Wireless, Caribbean Cement, Carreras, Daily Trading, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, junior market, Kingston Wharves, Pan Jamaican, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Supreme Ventures, Trading Activity

20 JSE stocks rose – Wednesday

September 14, 2016 by IC Insider.com

Add your HTML code here...

Advancing stocks outnumber declining ones on Wednesday almost 2 to 1.

Jamaican main market stocks, slipped on a day when the number of securities rose close to record levels, for the overall market on Wednesday. Trading led to the prices of 20 securities gaining out of a total of 46 that traded, with 13 declining in the overall market, including 6 stocks rising and 7 falling, in the junior market.
At the close of the market to 6,452,961 units valued at $39,142,493, changed hands, compared to the 3,862,389 units valued at $14,970,110 changing hands on Tuesday. The junior market accounted for 3,294,451 units valued at $15,960,574 of the total traded on Wednesday.
At the close of trading, the JSE Market Index declined 230.01 points to end at 159,370.56. The all Jamaica Composite Index fell 257.23 points to close at 177,066.34 and the JSE combined index lost 129.39 points, to end at 171,162.18.

At the close, IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 11 stocks with bids higher than their last selling prices and 4 with lower offers, suggesting continued fluidity in price movements immediately ahead.
In market activity, Berger Paints traded 29,614 units and rose 6 cents to end at $5.05, investors picked up just 255,635 units of Cable & Wireless, the price rose 1 cent in closing at 80 cents, Caribbean Cement traded 19,195 shares to close with a gain of 59 cents at $26.59. Carreras traded 6,001 shares and fell 42 cents to close at $65.60, Investors traded 51,984 shares of 1834 Investments to close with a loss of 1 cent at $1.24, Grace Kennedy ended at $41.45, with 5,982 shares changing hand, Jamaica Broilers lost 20 cents with 91,362 shares changing hands, to end at $14.55. Jamaica Producers ended at $8.50 with 34,510 units trading, Jamaica Stock Exchange ended at $26.50 while trading 5,000 shares, JMMB Group traded 24,877 units and fell 10 cents to $9.90. Kingston Wharves fell $1.20 in trading 1,032 shares to close at $16.20, Mayberry Investments ended with 535,795 shares trading at $3.50, National Commercial Bank had 7,738 units changing hands, to close with a gain of $1.15 at $40.25, trading in shares of 138 Student Living, ended with 641,007 units changing hands, to gain 20 cents at the close at $4.70. Pan Jamaican Investments gained 40 cents and closed at $24.40 after trading 123,656 shares,

Radio Jamaica closed at $1.40 after 5,000 shares changed hands, Sagicor Group traded 44,896 shares while rising 50 cents to close at $23.10, Sagicor Real Estate Fund traded 16,000 shares to close with a gain of 20 cents at $10.35. Scotia Group closed with a gain of 50 cents at $30.50 with 112,598 shares changing hands, Scotia Investments had 196,976 units changing hands at $26, Seprod gained 1 cent to close at $19.51 with 5,000 shares trading, Supreme Ventures dipped 23 cents with 57,000 units changing hands to close at $4.75. JMMB Group 7.50% preference share rose 1 cent in trading 377,528 units to close at $1.09 and Jamaica Money Market Brokers 7.50% preference share closed with 500,000 units changing hands for a 1 cent rise to $2.09.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 1834 Investments, Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Daily Trading, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, junior market, Kingston Wharves, Mayberry Investments, National Commercial Bank, Pan Jamaican, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Seprod, Supreme Ventures, Trading Activity

19 JSE stocks rose on Tuesday

September 13, 2016 by IC Insider.com

Jamaican stocks recovered some of the losses of the past two trading days with all three main market indices rising over 1,270 points when the market closed on Tuesday with the advance declining ratio be positive close two to one. The volume of stocks trading more than doubled, the volume traded on Monday, as the volume in Cable & Wireless climbed 230 percent to 2.1 million.
At the close of the market to 3,862,389 units valued at $14,970,110, compared to the 1,421,290 units valued at $14,318,294 changing hands on Monday. The junior market accounted for 531,125 units valued at $2,288,358 of the total traded on Tuesday.
At the close of trading, the JSE Market Index jumped 1,531.08 points to end at 159,600.57. The all Jamaica Composite Index surged 1,712.27 points to close at 177,323.57 and the JSE combined index climbed 1,272.91 points, to end at 171,291.57.
At the close, the prices of 19 securities gained out of a total of 33 that traded, with 11 declining in the overall market, including 7 stocks rising and 2 falling, in the junior market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 13 stocks with bids higher than their last selling prices and 8 with lower offers, suggesting continued fluidity in price movements ahead.
In market activity, Berger Paints traded 19,410 units and lost 1 cent to end at $4.99, investors picked up 2,134,925 units of Cable & Wireless gained 4 cents in closing at 79 cents as the stock gained some support at these lower levels. Caribbean Cement traded 62,686 shares to close with a gain of 40 cents at $26, Carreras traded 2,955 shares and gained 2 cents to close at $66.02, Investors traded 74,479 shares of 1834 Investments to close 15 cents higher at $1.25, Grace Kennedy rose 15 cents and ended at $41.45, with 37,527 shares changing hands. Jamaica Broilers rose 23 cents with 121,227 shares changing hands, to end at $14.75. Jamaica Producers ended with a loss of 9 cents at $8.50 with 16,259 units trading, JMMB Group traded 15,188 units and rose 15 cents to $10. Kingston Wharves gained 40 cents in trading 44,675 shares to close at $17.40, National Commercial Bank had 22,790 units changing hands to close with a loss of $1 at $39, Pan Jamaican Investments fell 50 cents and closed at $24 after trading 40,560 shares. Portland JSX closed at $11 with 15,450 shares changing hands, Radio Jamaica lost 2 cents to close at $1.40 after 84,764 shares changed hands, Sagicor Group traded 24,100 shares while rising 10 cents to close at $22.60, Sagicor Real Estate Fund traded 12,524 shares to close with a loss of 5 at $10.15. Scotia Group closed at $30 with 26,885 shares changing hands, Scotia Investments climbed 50 cents with 4,280 units changing hands at $26, Supreme Ventures gained 22 cents with 2,000 units changing hands to close at $4.98, Proven Investments traded 3,125 units to close at 19 US cents and JMMB Group 7.50% preference share lost 2 cents in trading 563,355 units to close at $1.08.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 1834 Investments, Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Daily Trading, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, junior market, Kingston Wharves, National Commercial Bank, Pan Jamaican, Portland JSX, Proven Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Supreme Ventures, Trading Activity

Active insider trading since August

September 13, 2016 by IC Insider.com

Sagicor Group HQ -Insiders been buying & selling the stock recently.

Trades done by parties connected with companies may carry coded messages as to likely future performance of the companies. Not all trades may have much meaning but some could indicate increased profits or a company they may consider undervalued in the case of buying and in the case of sales, it could be that profit going forward may be disappointing and may suggest the company may be overvalued by the market.
In the past some of the trades in the local market have not sent any known information when viewed against developments in the companies subsequent to the trades by insiders. In the case of a few of the listed companies investors are well advised to pay attention.
Insiders’ trade in August and September to date, are as listed below trades the various companies reported to the Jamaica Stock Exchange.
Sagicor – There was slightly more buying than selling of shares in Sagicor Group. A related party of the Sagicor Group purchased 71,716 shares on September 7 and 9, and a member of the Senior Management sold 70,000 shares on September 9, while two executives sold 155,000 shares on September 1, and related parties purchased in total 240,075 shares between September 1 and 2. An Executive sold 82,700 shares and related parties purchased 99,046 of the group’s shares, between August 29 and 30.
A connected party purchased 152,750 of the group’s shares on August 26, while a related party purchased 48,650 shares on August 22, and a director sold 173,800 shares on August 15, while another director purchased 2,350 shares on August 15, and a director sold 165,000 shares on August 16, while a director purchased 236,250 shares on August 16.

A JMMB Group connected party sold 1,000,000 of the company’s shares September 7 and a connected party sold 9,000 shares on August 18.
A Jetcon Corporation connected party purchased 199,800 shares on September 6 and 72,964 shares on August 22, while a related party purchased 152,699 shares and connected parties purchased a total of 279,735 shares on August 16-17.
Company Executives purchased 24,633 and 29,240 Caribbean Cement shares on September 1 and a Senior Manager purchased 300 shares on August 17.
At Grace Kennedy, a senior officer sold 75,144 shares on August 29 and 30. Jamaica Stock Exchange saw connected parties purchasing 8,234 and 18,034 shares on August 31, while a director purchased 2,000 shares on August 18.

Filed Under: Company News, Insider Trades Tagged With: Caribbean Cement, Grace Kennedy, Jamaica Stock Exchange, Jetcon Corporation, JMMB Group, JSE Company, Sagicor Group, Trading Activity

JSE stocks drop again on Monday

September 12, 2016 by IC Insider.com

NCB gained $1 on Monday.

Jamaican stocks continued to record losses in continuation of the fall on Friday with the market closing on Monday with slightly more losses than gains, leading to falls in the market indices. The volume of stocks trading dropped sharply by the close of the market to 1,421,290 units valued at $14,318,294, compared to the 3,924,169 units valued at $39,797,286 changing hands on Friday.
The junior market accounted for 314,520 units valued at $1,453,100 of the total traded on Monday.
At the close of trading, the JSE Market Index sank 603.84 points to end at 158,069.49. The all Jamaica Composite Index dropped 675.29 points to close at 175,611.30 and the JSE combined index dived 516.84 points, to end at 170,018.66.
At the close, the prices of 9 securities gained out of a total of 35 that traded, with 12 declining in the overall market, including 2 stocks rising and 4 falling, in the junior market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 14 stocks with bids higher than their last selling prices and 7 with lower offers, suggesting continued fluidity in price movements ahead.
In market activity, Barita Investments traded 8,500 units at $3.11, investors picked up 647,500 units of Cable & Wireless between the closing price of 75 cents and 80 cents during trading but the stock remains weak at the close, with lots of selling and little buying interest. Caribbean Cement traded 1,000 shares to close with a gain of 10 cents at $25.60, Carreras traded 895 shares and gained 30 cents to close at $66, Grace Kennedy dropped 15 cents and ended at $41.30, with 144,333 shares changing hands. Jamaica Broilers had 3,169 shares changing hands, to end at $14.52. Jamaica Producers ended with a loss of 9 cents at $8.41 with 20,124 units trading, JMMB Group traded 17,612 units and lost 3 cents to $9.85. ICI JSE fn qt 12-09-16

Kingston Wharves fell 40 cents in trading 16,529 shares to close at $17, National Commercial Bank had 8,540 units changing hands to close with a gain of $1 at $40, Pan Jamaican Investments rose 50 cents and closed at $24.50 after trading 38,157 shares. Radio Jamaica rose 2 cents to close at $1.42 after 5,736 shares that changed hands, Sagicor Group traded 7,000 shares while rising 9 cents to close at $22.50, Sagicor Real Estate Fund traded 30,700 shares to close at $10.20, Scotia Group climbed 95 cents to close at $30 with 66,000 shares changing hands. Scotia Investments dropped 45 cents with 58,572 units changing hands at $25.50, Sterling Investments traded 5,000 units but fell 15 cents to $14, Supreme Ventures had 17,844 units changing hands at $4.76 and Proven Investments traded 5,201 units to close at 19.87 US cents.

Filed Under: JSE Main Market, Stock Market Tagged With: Barita Investments, Cable & Wireless, Caribbean Cement, Carreras, Daily Trading, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, junior market, Kingston Wharves, National Commercial Bank, Pan Jamaican, Proven Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Supreme Ventures, Trading Activity

17 JSE stocks drop on Friday

September 9, 2016 by IC Insider.com

Scotia Group dropped $1.95& helped to pull the market index down on Friday

Jamaican stocks suffered reversal from the gains on Thursday to end Friday with much more losses than gains. On Friday with falling prices outnumbered advancing stocks more than 2 to 1 leading to big falls in the market indices.
At the close of trading, the JSE Market Index sank 1,160.22 points to end at 158,673.33. The all Jamaica Composite Index dropped 1297.53 points to close at 176,286.59 and the JSE combined index dived 1,308.51 points, to end at 170,535.50.
The volume of stocks trading dropped sharply on Friday, with 3,924,169 units valued at $39,797,286, compared to the 6,839,351 units valued at just $23,033,975 changing hands on Thursday. Cable & Wireless dominated trading volume on Thursday with 3.9 million units but traded less than 400,000 shares on Friday.
The junior market accounted for 844,487 units valued at $5,439,011 of the total traded on Friday.

At the close of the market prices of just 7 securities gained out of a total of 33 that traded, with 17 declining in the overall market, including 5 stocks rising and 4 falling, in the junior market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 13 stocks with bids higher than their last selling prices and 6 with lower offers, suggesting continued fluidity in price movements ahead.
In market activity, Berger Paints traded 27,267 shares to end at $5, investors slashed the price of Cable & Wireless by 20 percent, taking it down by 19 cents with 356,419 shares changing hands, to close at 75 cents, the stock remains weak at the close, with lots of selling and little buying interest. Caribbean Cement traded 25,874 shares to close at $25.50, Carreras traded 1,690 shares and fell 77 cents to close at $65.70, The price of 1834 Investments dropped 15 cents in trading at 518,765 shares to end at $1.10, Grace Kennedy dropped $1.54 and ended at $41.45, with 67,952 shares changing hands. Jamaica Broilers had 126,487 shares changing hands, to end with a loss of 8 cents at $14.52. Jamaica Producers

ended at $8.50 with 229,519 units trading, JMMB Group traded 275,597 units and lost 7 cents to $9.88. Kingston Wharves rose $1.30 in trading 9,998 shares to close at $17.40, Mayberry Investments ended with 509,928 shares trading to close at $3.50, National Commercial Bank had 37,402 units changing hands to close with a loss of $1 at $39, Pan Jamaican Investments fell 30 cents and closed at $24 after trading 2,705 shares. Radio Jamaica fell 8 cents to close at $1.40 after 42,764 shares changed hands, Sagicor Group traded 82,050 shares while easing 9 cents off the old price to close at $22.41, Sagicor Real Estate Fund traded 30,540 shares to close at $10.20, Scotia Group dropped $1.95 to close at $29.05 with 549,708 shares changing hands. Scotia Investments had 13,579 units changing hands at $26, Seprod traded 5,400 units but fell $1 to $19.50, Supreme Ventures had 161,905 units changing hands and rose 1 cent to $4.76 and Proven Investments traded 4,133 units to close at 19.87 US cents.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 1834 Investments, Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Daily Trading, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, junior market, Kingston Wharves, Mayberry Investments, National Commercial Bank, Pan Jamaican, Proven Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Seprod, Supreme Ventures, Trading Activity

19 JSE stocks rise on Thursday

September 8, 2016 by IC Insider.com

Palace closed at a new high of $170 on Thursday.

Jamaican stocks had a good in trading on Thursday with rising prices out numbering declining stocks 2 to 1 leading to strong gains in the market indices. The value of stocks trading dropped sharply by the close of the market with 6,839,351 units valued at just $23,033,975, compared to the 5,711,945 units valued at $60,243,332 changing hands on Wednesday.
The junior market accounted for 1,832,518 units valued at $9,192,820 of the total traded on Thursday.
At the close of trading, the JSE Market Index climbed 527.63 points to end at 159,833.55. The all Jamaica Composite Index rose 590.07 points to close at 177,584.12 and the JSE combined index jumped 1,217.16 points, to end at 171,844.01.

At the close of the market prices of 19 securities gained out of a total of 39 that traded, with 8 declining in the overall market, including 12 stocks rising and 3 falling, in the junior market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 13 stocks with bids higher than their last selling prices and 6 with lower offers, suggesting continued fluidity in price movements ahead.
In market activity, Cable & Wireless dominated trading with 3,903,944 shares changing hands and closed with a loss of 5 cents at 94 cents, Carreras traded 10,987 shares and gained 3 cents to close at $66.47, Grace Kennedy ended at $42.99, with 5,640 shares changing hands. Jamaica Broilers had 4,580 shares changing hands, to end with a gain of 5 cents at $14.60. Jamaica Producers ended at $8.50 with 450 units trading, Jamaica Stock Exchange lost 60 cents with 80,279 units changing hands, to end at $27.40 after trading as high as $28.50.

JMMB Group traded 19,900 units and rose by 5 cents to $9.95. Kingston Wharves dropped $1.45 in trading 5,261 shares to close at $16.10, Mayberry Investments gained 20 cents ended with 3,570 shares trading to close at $3.50, National Commercial Bank had 15,840 units changing hands to close at $40, Palace Amusement traded 500 units and rose $5 to end at a 52 weeks’ high of $170. Pan Jamaican Investments fell 19 cents and closed at $24.30 after trading 2,950 shares, Portland JSX traded 27,200 units at $11, Sagicor Group traded 1,820 shares while rising 30 cents to close at $22.50, Scotia Group gained 50 cents to close at $31 with 22,700 shares changing hands. Supreme Ventures had 879,445 units changing hands and fell 9 cents to $4.75 and Proven Investments traded 20,849 units to close at 19.87 US cents after slipping 0.13 cent.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Cable & Wireless, Carreras, Daily Trading, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, junior market, Kingston Wharves, Mayberry Investments, National Commercial Bank, Pan Jamaican, Portland JSX, Proven Investments, Sagicor Group, Scotia Group, Supreme Ventures, Trading Activity

JSE stocks rise again – Tuesday

September 6, 2016 by IC Insider.com

JSE stock jumped to $29.50 during trading.

Jamaican stocks continue to record more gains than losses in trading on Tuesday pulling the market indices up in the process. Trading levels remained very low fell sharply with just 2,652,003 units valued at $16,996,985 compared to the 2,234,793 units valued at $29,276,443 changing hands on Monday’s with, the junior market accounting for 1,397,863 units valued at $6,429,584.
At the close of trading, the JSE Market Index rose 231.36 points to end at 160,155.55. The all Jamaica Composite Index gained 258.74 points to close at 177,944.23 and the JSE combined index climbed 596.35 points, to end at 171,460.13.
At the close of the market prices of 14 securities gained out of a total of 36 that traded, with 12 declining in the overall market, including 7 stocks rising and 5 falling, in the junior market.
ICI JSE sum 6-09-16

IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 9 stocks with bids higher than their last selling prices and 4 with lower offers, suggesting continued fluidity in price movements ahead.
In market activity, Berger Paints traded 109,400 shares at $5, Cable & Wireless traded 644,622 shares and closed at $1, Caribbean Cement traded 20,120 shares to end at $25.50, Carreras traded 6,907 shares and fell 6 cents to close at $66.44. Grace Kennedy dropped $1 to end at $42, with 38,441 shares changing hands. Jamaica Broilers had 5,400 shares changing hands, to end with a gain of 8 cents at $14.60, Jamaica Producers ended at $8.50 with 9,360 units trading, after rising by 10 cents, Jamaica Stock Exchange gained 42 cents with 28,280 units changing hands, to a 52 weeks’ closing high of $27.82. The stock traded at new all-time high during the morning session at $29.50, as investors continue to react positively to the announcement of a likely stock split, ICI JSE fn qt 6-09-16

JMMB Group traded 300 units at $9.90. Kingston Wharves traded 29,130 shares and rose 5 cents, to close at $17.55, Margaritaville Turks traded 2,710 shares to close at 21 US cents, National Commercial Bank had 19,809 units changing hands and fell 50 cents, to close at $40, Pan Jamaican Investments climbed 50 cents and closed at $24.50 after trading 7,218 shares. Radio Jamaica lost 2 cents to close at $1.48 with 33,698 shares trading, Sagicor Group lost 20 cents with 100,116 shares changing hands at $22.20, Sagicor Real Estate Fund traded 42,100 shares and rose 5 cents to close at $10.20. Scotia Group added 40 cents to close at $30.10 with 31,800 shares changing hands. Scotia Investments had 4,988 units changing hands at $26, Seprod traded 6,500 units to close at $20.50 and Jamaica Money Market Brokers 7.50% lost 1 cent in trading 108,741 units at $2.09.