The Jamaican stocks continued to reflect uncertainty and profit taking on Tuesday, with rising securities numbering only 10 while 24 fell as 40 changed hands in all market segments. At the close 1 stock traded at a 52 weeks’ high.
A total of 4,401,550 units valued at just $44,669,845 changed hands in all markets. The junior market accounted for 534,537 units changing hands, valued at $3,813,759.
The JSE Market Index suffered a fall of 2,264.11 points to 154,435.17 the all Jamaica Composite Index dropped 2,530.27 points to end at 171,546.31 and the JSE combined index dropped 2,134.11 points to close at 163,214.21.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 12 stocks with bids higher than their last selling prices and 8 with lower offers.
At the end of the market activities, Barita Investments traded 25,000 units and lost 28 cents to close at $3.72, Cable and Wireless fell 5 cents as 67,349 units changed hands to close at $1.45, Carreras closed with a loss of 50 cents at $64.50, while trading 3,290 units. Caribbean Cement shed another $4 on Tuesday on top of a fall of $5.50 on Monday to end at $20.50 with 84,835 shares trading, in continuation of investors reacting negatively to the company reporting lower revenues and profits in the December quarter after taking a hit with redundancy cost. Gleaner Company fell 35 cents to close at $1.95 as 1,010,620 shares changed hands, Grace Kennedy ended with 64,555 shares trading to close at $84 after declining by 50 cents, Jamaica Broilers fell 50 cents after trading 7,984 units to close at $14. Jamaica Producers ended with 6,084 shares changing hands at $30, Jamaica Stock Exchange traded 18,350 shares to end at $21 as the price slipped by $2.50, 
JMMB Group had 111,852 units changing hands and fell 58 cents to close at $10.42. Kingston Wharves had 2,205 shares trading with a rise of 25 cents at $11.44, Mayberry Investments traded 1,499,312 shares to close with a loss of 29 cents at $4.51, National Commercial Bank had 28,271 shares changing hands but the price fell by 99 cents to close at $40.01. Pulse Investments gained 22 cents while trading 95,000 units at $3.92, Sagicor Group lost 18 cents with 289,270 shares changing hands at $23.02, Scotia Group had 417,956 shares changing hands to close with a loss of $1 at $31, Scotia Investments lost $3.37 with 2,520 units changing hands at $26.63. Supreme Ventures fell by a cent and closed at $5.99 with 6,975 units changing hands and Proven Investments ordinary share traded 13,600 units at 22 US cents.
Cement drops $5.50 – Monday
Caribbean Cement dropped $5.50 on Monday.
A total of 2,354,315 units valued at just $38,848,571 changed hands in all markets. The junior market accounted for 1,010,904 units changing hands, valued at $5,976,571.
Caribbean Cement shed $5.50 to end at $24.50 with 203,998 shares trading, being one of the main stocks to pull down the main market index on Monday with the company reporting lower revenues and profits in the December quarter after taking a hit with redundancy cost. The JSE Market Index suffered a fall of 670.56 points to 156,699.28 the all Jamaica Composite Index dropped 749.39 points to end at 174,076.58 and the JSE combined index dropped 707.90 points to close at 165,348.32.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 22 stocks with bids higher than their last selling prices and 6 with lower offers.At the end of the market activities, Barita Investments traded 71,090 units and closed at $4, Cable and Wireless rose 5 cents as 27,035 units changed hands to close at $1.50, Carreras closed with a gain of 90 cents at $65, while trading 143,005 units. Gleaner Company fell 15 cents to close at $2.30 as 128,047 shares changed hands, Grace Kennedy ended with 44,179 shares trading to close at $84.50 after rising $2.50, Jamaica Broilers traded 65,926 units to close at $14.50. Jamaica Producers ended with 11,943 shares changing hands at $30,
Jamaica Stock Exchange traded 3,396 shares to end at $23.50, JMMB Group had 8,250 units changing hands and fell 80 cents to close at $11. Kingston Wharves had 3,000 shares trading with a fall of 25 cents at $11.19, National Commercial Bank had 19,822 shares changing hands to close at $41. Margaritaville Turks traded 400,300 shares to close with a loss of 0.5 US cents at 14.50 US cents, Sagicor Group rose 20 cents with 91,075 shares changing hands at $23.20, Sagicor Real Estate Fund with 5,000 shares changing hands at $11.50. Scotia Group had 16,801 shares changing hands, to close with a gain of $1.19 to end at $32, Supreme Ventures closed at $6 with 45,748 units changing hands and Proven Investments ordinary share traded 47,300 units at 22 US cents.
JSE post-election slip – Friday
The JSE retreated on Friday after the general election.
A total of 9,546,869 units valued at $79,702,541 changed hands in all markets. The junior market accounted for 2,076,968 units changing hands, valued at $12,049,340.
The JSE Market Index suffered a fall of 303.49 points to 157,369.84 the all Jamaica Composite Index dropped 339.16 points to end at 174,825.97 and the JSE combined index dumped 488.18 points to close at 166,056.22.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 17 stocks with bids higher than their last selling prices and 3 with lower offers.
At the end of the market activities, Cable and Wireless lost 5 cents as 4,538,475 units changed hands to close at $1.45, Caribbean Cement fell $3 to close at $30 with 22,375 shares changing hands, Carreras closed with a loss of $1.90 at $64.10, while trading 15,400 units. Ciboney rose by 5 cents to end at 19 cents, with 50,000 shares trading, Gleaner Company traded with a gain of 2 cents to close at $2.45 as 200,978 shares changed hands, Grace Kennedy ended with 25,417 shares trading to close at $82 after falling 50 cents, Jamaica Broilers traded 154,686 units to close at $14.50. Jamaica Stock Exchange traded 5,000 shares with a gain of 50 cents to end at $23.50, JMMB Group had 2,655 units changing hands with a rise of $1.39 to close at $11.80.
Kingston Wharves had 14,225 shares trading with a gain of 5 cents at $11.45, National Commercial Bank had 254,071 shares changing hands with a gain of 60 cents to close at $41. Pulse Investments traded 20,000 shares with a rise of 48 cents to end at $3.70, Sagicor Group fell 50 cents with 515,847 shares changing hands at $23, Sagicor Real Estate Fund fell 45 cents with 49,758 shares changing hands at $11.50, Salada Foods traded 25,826 units at $8.50 after falling 75 cents. Scotia Group had 305,159 shares changing hands, to close with a loss of $1.19 to end at $30.81, Supreme Ventures closed at $6 with 17,200 units changing hands and Proven Investments ordinary share traded 804,200 units at 22 US cents after rising 1 US cent.
Moderate gains for JSE majors – Thursday
With polls suggesting a tight race in the general election on Thursday, the Jamaica Stock Exchange main market continued to reflect uncertainty on Thursday as 15 securities declined, 13 gained as 33 changed hands in all market segments in a shortened session. Trading resulted in 1 stock closing at 52 weeks’ highs.
A total of 6,057,172 units valued at $98,493,384 changed hands in all markets. The junior market accounted for 2,076,968 units changing hands, valued at $12,398,257.
The JSE Market Index added 31.86 points to end at 157,673.33 the all Jamaica Composite Index squeezed out 35.60 points to end at 175,165.13 and the JSE combined index dropped 841.58 points to close at 166,544.40.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 14 stocks with bids higher than their last selling prices and 5 with lower offers.
At the end of the market activities, Cable and Wireless closed with a loss of 6 cents as 145,106 units changed hands at $1.50. Caribbean Cement continues with wild price swings, rising $3 to close at $33 with 36,000 shares changing hands, Carreras closed at $66 after gaining $1, while trading 31,891 units, Gleaner ended with a gain of 1 cent to close at $2.43 with 69,622 shares trading, Grace Kennedy ended with 25,660 shares trading to close at $82.50 after losing 50 cents. Jamaica Broilers fell 26 cents with 583,521 units to close at $14.50, JMMB Group had 280,100 units changing hands to close at $10.41. Kingston Wharves had 68,371 shares trading with a loss of 1 cent at $11.44, National Commercial Bank had 1,182,454 shares changing hands with a fall of 60 cent to close at $40.40. Palace Amusement dropped by $13 to close at $74 with 100 shares trading, 
Pan Jamaican traded 4,231 shares but fell $1 to $94.50, Pulse Investments traded 206,000 shares with a fall of 48 cents to end at $3.22. Sagicor Group gained 45 cents with 4,270 shares changing hands at $23.50, Sagicor Real Estate Fund rose 25 cents with 1,000 shares changing hands at $11.95, Scotia Group had 136,020 shares changing hands, to close with a gain of 50 cents to end at $32. Scotia Investments had 7,550 units changing hands at $30, Supreme Ventures rose 49 cents to close at $6 with 114,353 units changing hands. JMMB Group 5.75% preference share traded 380,000 units at $1.06, JMMB Group 7.5% preference share traded 200,000 units and rose 5 cents to end at $2.15 and Proven Investments ordinary share traded 500,000 units at 21 US cents after rising by 1 US cent.
JSE main market sharp turn – Wednesday
Carib Cement dropped $4 to $30 on Wednesday.
A total of 9,862,201 units valued at $166,875,309 changed hands in all markets. The junior market accounted for 2,918,009 units changing hands, valued at $20,407,860.
The JSE Market Index suffered a big fall of 1,632.23 points to 157,641.47 the all Jamaica Composite Index dropped 1,824.11 points to end at 175,129.53 and the JSE combined index dumped by 1,936.89 points to close at 167,385.98.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 16 stocks with bids higher than their last selling prices and 9 with lower offers.At the end of the market activities, Cable and Wireless closed with a gain of 10 cents as 103,800 units changed hands at $1.56. Caribbean Cement fell $4 to close at $30 with 1,133,522 shares changing hands, Carreras closed at $65, while trading 205,078 units, Ciboney ended at 14 cents with 210,000 shares trading, Grace Kennedy ended with 7,150 shares trading to close at $83. Jamaica Broilers climbed 45 cents with 426,559 units to close at $14.76, JMMB Group had 637,636 units changing hands with a loss of 59 cents to close at $10.41. Kingston Wharves had 14,225 shares trading with a gain of 5 cents at $11.45, Margaritaville Turks traded 506,000 shares at 15 US cents,
Mayberry Investments traded 76,234 units to close at $4.80 for a rise of 10 cents, National Commercial Bank had 514,148 shares changing hands with a gain of 1 cent to close at $41. Pulse Investments traded 5,900 shares with a fall of 70 cents to end at $3.70, Sagicor Group fell 1 cent with 784,897 shares changing hands at $22.10, Sagicor Real Estate Fund fell 30 cents with 8,888 shares changing hands at $11.70, Salada Foods traded 19,327 units at $9.25. Scotia Group had 328,060 shares changing hands, to close with a loss of $1.50 to end at $31.50, Scotia Investments had 297,000 units changing hands at $30, after rising 75 cents, Supreme Ventures fell 1 cent to close at $5.51 with 1,230,000 units changing hands. JMMB Group 7.5% preference share traded 167,678 units at $2.10 and Proven Investments ordinary share traded 262,083 units at 20 US cents.
More retreating for JSE on Friday
Seprod traded at 52 weeks’ intraday high on Friday at $22.10.
A total of 7,670,934 units valued at $79,145,756 changed hands in all markets. The junior market accounted for 1,035,881 units changing hands, valued at $5,711,682.98.
The JSE Market Index rose 64.41 points to 157,387.02 the all Jamaica Composite Index gained 71.98 points to end at 174,845.16 and the JSE combined index dumped by 463.27 points to close at 168,117.47.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 9 stocks with bids higher than their last selling prices and 5 with lower offers.
At the end of the market activities, Barita Investments retreated after the company posted lower earnings in the December quarter of $27.7 million versus $45.6 million as 10,000 units traded to close with a loss of 40 cents at $4.20. Berger Paints lost 49 cents to end at $4.21, with 5,070 units traded, Cable and Wireless closed with a loss of 1 cent as 619,883 units changed hands at $1.58. Caribbean Cement fell 50 cents to close at $30 with 31,123 shares changing hands, Carreras dropped $1 to close at $66, while trading 6,072 units, Ciboney declined by 6 cents to 15 cents with 2,955,517 shares trading, Gleaner traded 113,790 shares but fell 4 cents to $2.46. Grace Kennedy ended with 8,369 shares trading to close at $82.25 after gaining 70 cents. Jamaica Broilers jumped $1.15 with 647,438 units to close at $14.90, Jamaica Stock Exchange ended with 46,000 shares trading but rose 40 cents to close at $22.35, JMMB Group had 22,851 units changing hands at $11. 
Kingston Wharves had 7,260 shares trading with a gain of 5 cents at $11.40, Mayberry Investments traded 35,970 units to close at $4.5 for a decline of 5 cents, National Commercial Bank traded 109,827 shares to close at $41 after gaining 70 cents, while Pan Jamaican traded 14,727 shares with a fall of $1.30 to end at $94.70. Radio Jamaica traded 1,414 units but fell 30 cents to $4.30, Sagicor Group fell 1 cent with 469,568 shares changing hands at $22.10, Scotia Group had 1,242,641 shares changing hands to close with a gain of 50 cents to end at $33.50. Scotia Investments had 5,174 units changing hands at $28 after rising $1. Seprod closed at $22, with 26,364 shares trading, Supreme Ventures fell 5 cents to close at $5.85 with 170,772 units changing hands, JMMB Group 5.75% preference share traded 35,000 at $1.06 and Proven Investments preference share traded 40,000 units at $5.
More retreat for JSE on Thursday
Carib Cement closed at a new 52 weeks’ high on Thursday of $30.50.
A total of 2,801,152 units valued at $40,035,868 changed hands in all markets. The junior market accounted for 876,572 units changing hands, valued at $3,718,863.
The JSE Market Index dived 913.83 points to 157,322.61 the all Jamaica Composite Index dropped 1,021.27 points to end at 174,773.18 and the JSE combined index dumped by 972.44 points to close at 168,580.74.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 15 stocks with bids higher than their last selling prices and 5 with lower offers.
At the end of the market activities, Barita Investments ended with 119,000 units traded to close at $4.60, Berger Paints rose 20 cents to end at $4.70, with 13,950 units traded, Cable and Wireless closed with 58,929 units changing hands, with a loss of 1 cent at $1.59. Caribbean Cement jumped 50 cents to close at $30.50 with 11,868 shares changing hands, Carreras jumped $1.30 to close at $67, to end at a 52 weeks’ high while trading 150,641 units, Gleaner traded 57,510 shares but rose 5 cents to $2.50, Grace Kennedy ended with 2,449 shares trading to close at $82.25 after dropping 75 cents. Jamaica Broilers fell 75 cents with 244,239 units to close at $13.75, Jamaica Stock Exchange ended with 210,710 shares trading but lost 5 cents to close at $21.95, JMMB Group dropped 25 cents in trading 38,315 units at $11. Kingston Wharves had 5,900 shares trading at $11.40, Mayberry Investments traded 16,800 units to close at $4.80 for a rise of 30 cents, 
National Commercial Bank traded 45,262 shares to close at $40.30 after declining by $1.20, while 138 Students Living traded 146,285 shares with a fall of 10 cents to end at $5.60. Proven Investments traded 32,164 shares at 20 US cents, Radio Jamaica traded 17,651 units but fell 5 cents to $4.60, Sagicor Group fell 82 cents with 15,459 shares changing hands at $22.11, Scotia Group had 177,068 shares changing hands to close with a gain of 99 cents to end at $33. Scotia Investments had 1,200 units changing hands at $27 after dropping $3. Seprod closed at $22, with 104,200 shares trading, Supreme Ventures fell 10 cents to close at $5.90 with 48,200 units changing hands, Jamaica Money Market Brokers 7.50% preference share traded 66,900 at $2.15 and Proven Investments preference share traded 502,476 units at $5.
JSE market dived sharply – Tuesday
Jamaican Stock Exchange closed at a new all-time high of $22.50.
A total of 4,504,769 units valued at $138,949,178 changed hands in all markets. The junior market accounted for 1,008,928 units, valued at $4,603,766.
The JSE Market Index dived 3,286.73 points to 159,171.06 the all Jamaica Composite Index dropped 3,673.11 points to end at 176,838.93 and the JSE combined index dipped by 3,413.10 points to close at 170,670.43.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 10 stocks with bids higher than their last selling prices and 4 with lower offers.
At the end of the market activities, Berger Paints fell 18 cents to end at $4.80, with 50,576 units traded, Cable and Wireless lost 9 cents with 268,452 units changing hands at $1.60, Caribbean Cement fell 90 cents to close at $26.60 with 18,305 shares changing hands. Carreras traded as high as $65.70, but closed with a gain of 90 cents, to end at a 52 weeks’ high of $65 while trading 625,721 units, Grace Kennedy ended with 562,543 share trading with a loss of $1 to close at $83, Jamaica Broilers had 17,581 shares trading with a loss of 95 cents at $14. Jamaica Stock Exchange traded 3,403 shares with a rise of $2.50 to close at a 52 weeks’ high $22.50, JMMB Group dropped $1 in trading 76,393 units at $12, Kingston Wharves had 21,850 shares trading at $11.40, Mayberry Investments fell 40 cents to close at $4.50 with 41,436 units traded, 
after trading at a 52 weeks’ intraday high of $5.08 National Commercial Bank traded 396,112 shares to close at $40 after falling by $2, Pan Jamaican Investment traded 49,943 units with a loss of $1.45 to end at $94.55, Scotia Group had 326,093 shares changing hands to close at $34, Scotia Investments had 261,404 units changing hands at $26.55 after dropping $3.25. Seprod rose $2 to close at $22, with 69,528 shares trading, Supreme Ventures declined by 55 cents to close at $5.90 with 240,000 units changing hands. Proven Investments ordinary share traded at 22 US cents with 41,720 units, Jamaica Money Market Brokers 7.50% preference share traded 296,000 at $2.15 and Proven Investments preference share traded 97,524 units to close at $5.
JSE jumped sharply on Monday
Carreras traded at a new 52 weeks’ high of $65 on Monday
Investors pushed stock prices sharply higher on the opening day of the week on the Jamaica Stock Exchange with 48 securities changing hands in all market segments. Trading resulted in the prices of 26 securities gaining while 10 declined. Nine stocks closed at 52 weeks’ high and 1 at an intraday high, as 23,823,419 units valued at $153,664,407 changed hands in all markets. The junior market accounted for 19,268,579 units, valued at $109,445,668.
The JSE Market Index jumped 3,162.74 points to 162,457.79 the all Jamaica Composite Index climbed 3,397.05 points to end at 180,512.04 and the JSE combined index shot up by 3,534.54 points to close at 174,083.53.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 10 stocks with bids higher than their last selling prices and 3 with lower offers.
At the end of the market activities, Berger Paints fell 2 cents to end at $4.98, with 38,961 units traded, Cable and Wireless ended with 1,050,566 units changing hands at $1.69, Caribbean Cement fell 50 cents to close at $27.50 with 23,415 shares changing hands. Carreras traded as high as $65 in the morning session, following very good December quarter results but closed with a gain of 60 cents, to end at a 52 weeks’ high of $64.10 while trading 84,243 units, Ciboney ended with 593,564 share trading at 21 cents, Jamaica Producers had 30,970 shares trading at $30. Jamaica Stock Exchange ended with 55,290 shares trading to end at $20 but traded at an intraday high of $23, JMMB Group slipped by 70 cents in trading 1,136,590 units to end at $13, JMMB reported lower profit in the December Quarter of 32 cents per share versus 46 cents in 2014 and $1.04 for the nine months compared to $1.08. Margaritaville Turks had 120,900 shares trading at 15 US cents, Mayberry Investments fell 10 cents to close at $4.90 with 464,350 units traded. National Commercial Bank traded 95,580 shares to close at $42 after rising by 50 cents, 
138 Student Living traded 299,100 units with a gain of 20 cents to end at a 52 week’s high of $5.50, after trading as high as $5.90. Sagicor Group fell 5 cents and closed at $23 with 38,760 units changing hands, Sagicor Real Estate Fund closed at $12 while trading 13,100 shares, Scotia Group had 73,100 shares changing hands with a rise of $2.50 to close at $34, Scotia Investments had 1,500 units changing hands at $29.80 after gaining 80 cents. Seprod dropped $2 to close at $20 with 20,137 shares trading, Supreme Ventures climbed 70 cents to close at $6.45, with 211,534 units changing hands, Proven Investments ordinary share traded at 22 US cents with 119,531 units and Proven Investments preference share traded 72,476 units to close at $5.
C&W, Pan Jam dominant plays – Friday
C&W gained 21% in trading on Friday following release of Q3 results
Trading resulted 38 securities trading, 16 of which gained and 14 declined. Six stocks closed at 52 weeks’ highs and 3 at intraday highs as 11,326,742 units valued at $259,795,288 changed hands in all markets. The junior market accounted for 2,619,072 units changed hands, valued at $10,651,233.
The JSE Market Index fell 412.90 points to 159,295.05 the all Jamaica Composite Index dropped 461.44 points to end at 176,977.50 and the JSE combined index declined 553.68 points to close at 170,686.48.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 17 stocks with bids higher than their last selling prices and 6 with lower offers.At the end of the market activities, Barita Investments ended with 12,000 units traded, to close at $4.75, Berger Paints fell 8 cents to end at $5, with 14,021 units traded, Caribbean Cement rose 1 cent to close at $28 with 48,626 shares changing hands. Carreras gained 75 cents to end at a 52 weeks’ high of $63.50 with 15,180 units trading, Grace Kennedy closed at $84 with 10,283 units changing hands. Jamaica Broilers traded 406,083 units and gained $1.45 to $14.95, JMMB Group jumped $1.95 in trading 8,350 units to end at 52 weeks’ high of $13.70. Kingston Wharves rose 26 cents with 10,545 units changing hands at $11.45, Margaritaville Turks had 30,900 shares trading at a 52 weeks’ high of 15 US cents,
Mayberry Investments gained 30 cents to close at $5 with 130,126 units traded, National Commercial Bank traded 347,478 shares to close at $41.50. Pulse Investments traded 5,000 shares to end at a 52 weeks’ high of $4.65 after rising by 45 cents, Sagicor Group rose 5 cents and closed at $23.05 with 370,399 units changing hands. Sagicor Real Estate Fund gained 20 cents to close at $12 while trading 10,023 shares, Scotia Group had 231,306 shares changing hands with a loss of $2.50 to close at $31.50. Scotia Investments had 14,374 units changing hands at $29, Supreme Ventures lost 45 cents to close at $5.75, with 511,615 units changing hands, Proven Investments ordinary share traded at 22 US cents with 34,100 units and JMMB 7.50% preference share traded 89,573 units to close at $2.15.