JSE near 20 months’ high

RED STRIPE  factThursday’s activity on the Jamaica Stock Exchange, ended with big gains in the main market indices, as heavily weighted National Commercial Bank traded as high as $24, Desnoes & Geddes end at $5.50, Kingston Wharves closed up at $6.50 and Sagicor Group gained 10 cents. At the end, the prices of 8 stocks rose 5 declined as 21 securities changed hands, with 3,414,320 units trading, valued at $11,037,316, in all market segments.
Main Market| The JSE Market Index gained 922.34 points to 81,141.21, the JSE All Jamaican Composite index rose 1,031.22 points to close at 89,437.94, the highest since July 15, 2013 and the JSE combined index gained 841.81 points to close at 82,939.38.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 5 stocks with bids higher than their last selling prices and 2 stocks with offers that were lower.

Scotia Investments put on $2.05 on Thursday.

Scotia Investments put on $2.05 on Thursday.

Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Desnoes & Geddes trading 55,000 units, gained 50 cents to end at $5.50. Jamaica Broilers closed with 26,000 units, 3 cents higher to $4.05, Jamaica Money Market Brokers closed with 79,568 ordinary shares changing hands, with a 20 cents increase to $7.10, Kingston Wharves ending with 699,136 shares, closed 75 cents higher to $6.50, Pan Jamaican Investment finished with 20,000 shares trading, while adding 1 cent to $53.51. Sagicor Group in closing with 2,000 units ended with an increase of 10 cents to $10.50, Scotia Investments finished with only 1,000 shares trading as the price jumped $2.05 to $25.05 and Supreme Ventures closing with 16,800 shares and increase 18 cents to end at $2.
Firm| The stocks in the main market to close without a change in the last traded prices are, Gleaner ending with 2,007,266 units trading at 85 cents. Grace Kennedy finishing with 1,000 shares at $60.51, followed by 138 Student Living, closing with only 2,500 units at $4.40, Radio Jamaica ending with 1,200 shares changing hands to close at $1.35 and Scotia Group finishing with 20,450 shares trading at $21.
JSE sum 26-2-15 Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Berger Paints concluding trading with 49,151 shares changing hands, to close down by 2 cents at $1.55. Caribbean Cement closing with 20,172 units trading as the price slipped 25 cents to $2.60, Carreras ending trading with 17,074 shares trading lower by 45 cents to $44.05, National Commercial Bank in having 40,112 shares changing hands, closed 15 cents lower at $22 after trading at a new intraday 52 weeks’ high of $24.

JMMB crosses 5M of its shares

JMMB big in house share exchange on Tuesday

JMMB big in house share exchange on Tuesday

Tuesday’s trading closed with Jamaica Money Market Brokers trading more than 5.1 million units with 5 million being a cross of shares within the company, as in house trade but JMMB also sold shares to the public from in house inventory as well. Otherwise it was a relatively slow day except that trading picked up in the junior market.
At the end of trading on the Jamaica Stock Exchange, the prices of 9 stocks rose, 5 declined as 27 securities changed hands, ending in 7,105,912 units trading, valued at $40,386,959, in all market segments.
Main Market| The JSE Market Index lost only 0.09 points to 79,880.66, the JSE All Jamaican Composite index declined by a mere 0.18 points to close at 88,028.58 and the JSE combined index gained 0.69 points to close at 81,799.97.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 7 stocks with bids higher than their last selling prices and 3 with offers that were lower.
JSE sum 24-2-15 Gains| Stocks gaining with last traded prices, at the end of the close in the main market are, Caribbean Cement finishing with 20,000 shares while gaining 24 cents to $2.85, Gleaner closing with 100 shares to gain 2 cents at 85 cents. Jamaica Money Market Brokers with 5,146,081 ordinary shares, gained 7 cents to $7, Kingston Wharves traded 850 shares with the price jumping 20 cents to $5.75. National Commercial Bank traded only 7,853 shares to end with an increase of 2 cents to a new 52 weeks’ closing high of $22.02 and Sagicor Group with 12,644 shares trading 6 cents higher to close at $10.31.
Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless ending trading with 311,206 units at 48 cents, Grace Kennedy closed with 9,728 units to end at $60, Jamaica Broilers concluding trading with 30,300 shares at $4.02, Sagicor Real Estate Fund ended trading 215 shares at $6.70.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Scotia Group closed with 13,433 shares trading lower by 20 cents to $20.80 and Supreme Ventures in trading 100 units, the price slipped 3 cents to $1.82.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 15,800 units to end with an increase of 1 cent to $3.04 and Proven Investments 8% preference share traded 135,400 units changing hands to close at $5.

9 stocks rise 13 fall PanJam up $3.50

Pan Jamaican Head office

Pan Jamaican Head office

Wednesday’s activity on the Jamaica Stock Exchange,saw Pan Jamaican Investment share rising $3.50 and Jamaica Producers gaining $1.170, the largest gains for the day. Trading resulted in the prices of 9 stocks rising and 13 declining as 28 securities changed hands, ending in 13,390,665 units trading, valued at $$56,272,741, in all market segments.
Main Market| The JSE Market Index gained 217.78 points to 77,277.68, the JSE All Jamaican Composite index rose 243.49 points to close at 85,118.34 and the JSE combined index gained 124.23 points to close at 79,056.86.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 10 stocks with bids higher than their last selling prices and 6 stocks with offers that were lower.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Caribbean Cement closing with 15,100 units to close with a gain of 2 cents to $2.37. Carreras closed with 37,672 units and put on 60 cents to $38.60, Desnoes & Geddes concluding trading with, 50,000 shares to end with an increase of 10 cents to $4.90, Jamaica Broilers closed with 10,482,208 units to close 1 cent higher at $4.01, Jamaica Producers ending with 52,385 shares as the price jumped at $1.30 to $17, Pan Jamaican Investment closed with 550 shares as the price climbed $3.50 to $55.50 and Sagicor Real Estate Fund concluding trading with 7,800 shares traded with a gain of 5 cents to $6.70.
Firm| The stocks in the main market to close without a change in the last traded prices are, Ciboney exchanging a mere 200 shares at 7 cents followed by Jamaica Money Market Brokers with 6,647 ordinary shares trading to end at $6.60 and Proven Investments closing with 59,440 shares trading at 21 US cents.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Cable & Wireless closing with 909,774 units trading as the price slipped 2 cents to 48 cents. JSE sum 28-1-15Grace Kennedy had only 290 shares changing hands to close lower by 17 cents at $62.40, Hardware & Lumber ended with 35,500 units trading to close lower by $1.01 at $6.50, Mayberry Investments ended with 1,020 units trading, the price slipped 2 cents to $1.98, National Commercial Bank in trading 167,784 shares closed 10 cents lower to $19.90. Sagicor Group closed with 212,060 units, the price slipped 8 cents to $10.12, Scotia Group had 76,218 shares changing hands at 40 cents to $20.10, Scotia Investments closed with 4,040 units trading as the price slipped 4 cents to $22.51 and Seprod ending with 31,164 units trading at 40 cents to $12.10.
Preference| Jamaica Money Market Brokers 7.50% preference share traded, ending with 79,152 units changing hands at $2.

Carreras climbs $2.29 pushes JSE

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Carreras 4 Carreras closed trading at $39.50 to end the day at a new 52 weeks’ high and Scotia Group after hitting $21.99 with 739,792 shares by mid-day, closed at $20.50 and were the main contributors to a strong increase in the main market indices on Friday. The gains were not adequate to stop the overall market from registering the third consecutive day of declining stocks out numbering advancing ones.
Activity on the overall Jamaican stock market, resulted in the prices of 6 stocks rising and 9 declining as 29 securities changed hands, ending in 5,019,576 units trading, valued at $36,430,375, in all market segments.
Main Market| The JSE Market Index gained 1,175.44 points to 77,828.04, the JSE All Jamaican Composite index rose 1,314.20 points to close at 85,733.67 and the JSE combined index gained 1,070.76 points to close at 79,654.74.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 10 stocks with bids higher than their last selling prices and 3 with offers that were lower.

Scotiabank shares helped to push the index in Fridays trading.

Scotiabank shares helped to push the index in Fridays trading.

Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Caribbean Cement ending with 12,825 units changing hands, to close with a gain of 5 cents at $2.35. Carreras swapped 124,240 shares to close with a gain of $2.29 at $39.50, the highest price it closed at since, November 6, 2013 when it then closed at $40. Jamaica Money Market Brokers closed with 93,329 ordinary shares trading, with a gain of 2 cents to $6.57, Scotia Investments contributed 5,000 units in trading to close 4 cents higher at $22.55 and Supreme Ventures had 10,600 shares changing hands, the price gained 15 cents to $2.15.
Firm| The stocks in the main market to close without a change in the last traded prices are, Berger Paints in trading 1,569 units ended at $1.55, Cable & Wireless closed with 31,881 shares changing hands at 50 cents. Ciboney ended with 10,000 shares trading at 7 cents, Desnoes & Geddes closed with 909,979 units trading to end at $4.80, Jamaica Broilers closed with 89,998 units traded at $4, Jamaica Stock Exchange finished with 10,000 units changing hands at $2. Kingston Wharves exchanged only 827 units at $5.60, Mayberry Investments traded at $2, in swapping ownership of 200,406 shares, Proven Investments traded 17,000 shares at 21 US cents, Radio Jamaica closed with 800 shares changing hands at $1.30 and Scotia Group ended up with 750,762 shares changing hands at $20.50.
jse sum 23-1-15 Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Gleaner closing with 64,463 units trading as the price slipped 5 cents to 80 cents, for a new 52 weeks low, Grace Kennedy finished with 23,770 shares trading lower by 50 cents to $62.50, Kingston Properties closed with 29,925 shares changing hands to close lower by 50 cents at $7, National Commercial Bank closed with 50,453 units as the price slipped 19 cents to $19.31, Pan Jamaican Investment finished with 26,363 units trading, the price eased by 10 cents to $52, Radio Jamaica ended with 560 shares trading lower by 15 cents to $10.05 and Sagicor Group closed trading with 10,947 units as the price slipped 30 cents to $6.65.
Preference| Eppley 10% preference share traded 34,500 units at $6 and Jamaica Money Market Brokers 7.50% preference share ended with 1,773,100 units trading at $2.

JPS share jumps $119

JPSIn Monday’s activity on the Jamaica Stock Exchange, the price of Jamaica Public Services 9.5% Preference shares jumped by $118.90 to end at $1,125 for a new all-time high as investors traded the stock for $236,250,000. Activity in the overall market resulted in the prices of 10 stocks rising and 3 declining as 26 securities changed hands, ending in 2,749,084 units trading, valued at $241,908,563, in all market segments.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 10 stocks with bids higher than their last selling prices and 4 stocks with offers that were lower.
Main Market| The JSE Market Index fell 205.19 points to 76,128.35, the JSE All Jamaican Composite index lost 229.40 points to close at 83,833.34 and the JSE combined index declined by 181.96 points to close at 78,141.73.
Gains| Stocks gaining at their last traded prices, at the end of trading in the main market are, Carreras ending with 500 units, the price rose 2 cents to $37.03. Jamaica Broilers ended with 70,537 units changing hands to close with a gain of 3 cents at $4.02, Jamaica Money Market Brokers finishing with 68,763 shares changing hands, to close with a gain of 5 cents, to $6.55. Jamaica Stock Exchange finished with 30,000 shares changing hands, 10 cents higher at $2, National Commercial Bank ended with 8,405 shares trading to gain 20 cents at $19. Sagicor Group finished trading with 27,006 units changing hands to close with a gain of 4 cents at $9.95 and Supreme Ventures finished trading with 4,000 shares with the price rising 3 cents to $1.80
JSE sum 12-1-15 Firm| The stocks in the main market to close without a change in the last traded price are, Cable & Wireless closing with 202,323 units trading at 48 cents. Caribbean Cement ended with 45,596 units trading at $2.50, Kingston Wharves closed with 4,747 shares at $6, Radio Jamaica closed with 4,400 units at $1.30, Scotia Group finished with 33,854 units trading at $20.10 and Scotia Investments ended with 9,002 shares trading at $23.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Grace Kennedy closing with 3,896 units trading as the price slipped $1 to $62, Mayberry Investments finished with 400,500 shares trading lower by 5 cents to $1.95 and Sagicor Real Estate Fund ended with 2,000 shares changing hands to close lower 15 cents lower at $7.05.
Preference| Jamaica Money Market Brokers 7.50% preference share had 309,000 shares changing hands at $2 and Jamaica Public Service Co 9.5% preference share ended with 210,000 units changing hands to close with a gain of $118.90 at $1,125, the move has reduced the yield to 8.44 percent fr0m 9.5 percent, the coupon rate.

More insider buying at Sagicor

SagicorBuilding280x150Sagicor Group have been enjoying trades by insider on several occasions this year. The group recently advised that a director purchased 249,648 shares between November 27 & December 1, this year.
The last time before this that an insider traded in the company’s stock was in October, when the company advised that an executive Purchased 417,016 shares under the SGJ Executive Long Term Inventive Scheme on October 24, 2014.
The financial group saw a sharp fall in profit in the quarter, from $1.56 billion to $1.1 billion and net profit of $3.84 billion, with $3.79 billion available to stockholders, for the nine months to September, which was 2.5 percent better than in 2013. the decline in profit in the September quarter is due primarily to cost associated with the acquisition of RBC Royal Bank local operation at the end of June this year. With staff reduction, branch closures and amalgamations, the losses in the acquired banking operation should be sharply reduced from that in the September quarter.

Scotia Group trades at $21.70

Scotia Group traded as high as $21.70 in early trading this morning as more than 1 million shares traded. Stockbroker, Scotia Investment bought the bulk of the amount that traded at $21.70 some of which were crosses. The price drifted down to $19.80 with 2,500 units, there was 100,000 units on offer at $19.80. The opened trading at $19.43. The trades helped push the all Jamaican index up by 1,658 points to 79,177.73 at 10.12am.
other noticeable trades were 500,000 Sagicor Group shares at $8.80 and Pan Jam 100,000 units, at $49.

Heavy JSE trading but mostly crosses

Trading was heavy on the Jamaica Stock Exchange on Thursday with activity in 29 securities, accounting for 19,315,234 units changing hands valued at $138,385,972. There were a number of large trades as Barita Investment was involved in a series of crosses that helped to drive up the overall volume. At the end of trading the main indices declined but 13 stocks rose in price to 8 that declined. The stocks that dominated trades are Carreras, Desnoes & Geddes, Grace Kennedy, Jamaica Broilers, Jamaica Stock Exchange, National Commercial Bank, Sagicor Group, Scotia Group and Seprod.
.JSE sum 26-6-14 Main Market| The JSE Market Index fell by 200.81 points to 70,040.17 and the JSE All Jamaican Composite index closed with a fall of 224.55 points at 77,025.83.
Gains| Stocks recording gains at the end of trading in the main market are Cable & Wireless with a mere 4,200 units to gain 4 cents in closing at 34 cents, Desnoes & Geddes with 663,400 units to end up a cent higher at $4.50, Grace Kennedy with 402,705 shares valued at $21,750,097 with the price rising by a cent to $54.01, Jamaica Money Market Brokers with 23,422 shares to close 5 cents higher at $6.70, Jamaica Producers 151,096 units to gain 2 cents to close at $15.62, Kingston Wharves with 183,651 shares to close 2 cents higher at $5.02, Proven Investments 320 ordinary shares to close at 2 US cents higher at 18 US cents, Sagicor Real Estate Fund 20,200 shares to close at $6.08 with an 8 cents gain, Scotia Investments with 211,369 units to close 15 cents up, at $21.65, Seprod with 586,550 units valued at $6,168,355, closed with a 20 cents gain at $10.70 and Supreme Ventures with 28,202 units closed with a gain of 8 cents at $1.98.
Firm| There were 5 stocks in the main market closing without a change in price as Gleaner with 6,000 shares, closed at $1.10, Jamaica Broilers 1,420,087 units valued at $6,560,425 to close at $4.57, Mayberry Investments 199,260 units to close at $1.45, Pulse Investments with 40,000 shares, closed at 30 cents and Radio Jamaica with 7,025 units to close at $1.29.
Declines| The number of stocks that declined in the main market are Caribbean Cement with 112,950 units while losing 45 cents to close at $2.50, Carreras with 545,700 units with a value of $18,549,227 as the price closed down 45 cents at $33.50, Jamaica Stock Exchange with 10,200,000 units valued at $19,278,000 and closed with a loss of 6 cents at $1.89, National Commercial Bank saw trading in 1,396,013 shares valued at $24,907,892 with 97 cents fall to $18.03, Sagicor Group put in 1,217,665 units with a value of $10,653,390 to close 50 cents lower at $8.50 and Scotia Group with 861,576 shares valued at $16,361,316, closed with a cent off at $18.99.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 321,495 units to close a cent higher at $3.03 and Jamaica Public Service 5% D preference share traded 1,000 shares to close at 35 cents
Junior Market| The JSE Junior Market Index declined by 0.26 points to close at 708.86 as only 5 stocks traded in this market.
Gains| The sole stocks recording gains at the end of trading in the junior market is General Accident Insurance with 318,132 units to close with a 3 cents decline at $1.40.
Firm Trades| Stocks in the junior market that traded to close at the same price as the day before are Caribbean Producers with 329,316 shares at $2.65, Lasco Distributors with 31,000 shares changing hands at $1.20 and Lasco Financial with 900 units to close at $1.
Declines| Lasco Manufacturing with 32,000 shares and closed with a cent decline at $1.06 was the only stock declining in the junior market at the end of trading.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 7 stocks with the bid higher than the last selling price and 3 stocks with offers that were lower.
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