Sagicor Real Estate Fund

Scotia pushes JSE to intraday record – Friday

March 9, 2018 by IC Insider.com

The Main Market of the Jamaica Stock Exchange traded in record territory on Friday with The market is trading at a record intraday high, for the all Jamaica Index of 325,588.39 having risen 6,583.63 points at 10.27 in the morning session while the main market index jumped 5,998.43 points to 296,647.83.
A rise in the price of Scotia Group up to $58 in the mid-morning session from a close of $52 on Thursday was the major factor in the big surge in the indices. The gain in the price followed the release of first quarter results showing increased profit flowing mainly from gains from sale of CrediScotia operations and major savings from reduced loan loss provisioning but with no growth in the critical loan portfolio. At the end of trading Scotia Group closed at $54.
At the close of trading, the JSE All Jamaican Composite Index jumped 2,729.22 points to 321,733.98 and the JSE Index shot up by 2,486.63 points to 293,136.03. Trading on Thursday closed with 28 securities changing hands, leading to 11 advancing, 10 declining and 6 trading firm, in the main and US dollar markets.

Scotia Group traded as high as $58 on Friday

Trading resulted in only five securities with the large price changes at the close. Kingston Wharves added $1.38 to move back to $40, PanJam Investment fell 95 cents to $41, Sagicor Real Estate Fund fell $1.99 to $15, Scotia Group rose $1.99 and Seprod dipped $1.99 to $30.01.
Main market activity ended with 6,404,825 units valued at $87,957,828 changing hands, versus 4,885,315 units valued at $99,343,789 on Thursday.
Ciboney Group closed with 1,362,000 units and 21.27 percent of shares traded, followed by Jamaica Producers with 1,101,566 units amounting to 17.20 45 percent of the day’s trades and Carreras with 798,192 units and 12.46 percent of volume traded on Friday. Trading results in an average of 237,216 shares valued at 3,257,697 for each security traded, compared to 195,413 shares valued at 3,973,752 on Thursday. For the month to date an average of 796,886 units with an average value at $10,718,888 traded, compared to 878,567 units with an average value at $11,993,901 traded on the previous trading day. In contrast, February closed with average of 213,336 units valued at $3,392,475 for each security traded.
Trading in the US dollar market ended with Proven Investments concluded trading with a loss of 0.50 cents at 21 US cents with 260,631 units valued US$54,745 changing hands as the market index closed at 165.39 with a fall of 2.33 points.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with bids higher than their last selling prices and 8 with a lower offer.

For more details of market activities see – Big advantage to falling JSE stocks – Friday.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Carreras, Ciboney, Daily Trading, Emerging markets, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Kingston Wharves, NCB Financial, PANJAM Investment, Proven Investments, Sagicor Real Estate Fund, Sagicor Real Estate X Fund, Seprod, Trading Activity, Wisynco Group

Grace pulls back $10.20 to $44.80 – Thursday

March 8, 2018 by IC Insider.com

Grace Kennedy gave back most to Wednesday’s gains.

Grace Kennedy jumped $10.99 on Wednesday but dropped back $10.20 to close at $44.80, with just 49,690 units changing hands with an average trading price of $44.78, at the close, the lowest offer was at $52 to sell 100,000 units.
Main market activity ended with 25 securities changing hands, with 11 securities rising, 10 falling, 4 trading firm on Thursday. Trading closed with 4,885,315 units valued at $99,343,789.
At the close of trading, the JSE All Jamaican Composite Index lost 2,096.36 points to 319,004.76 and the JSE Index declined by 1,910.02 points to 290,649.40.
In main market activity, Berger Paints ended with a loss of 45 cents at $17.50, with 7,524 stock units traded, Carreras finished at $10.95, with 73,489 shares, Caribbean Cement settled $1.50 higher at $35, with 621,412 shares, Ciboney Group ended trading with a loss of 1 cent at 11 cents, with 215,154 shares, Grace Kennedy traded with a loss of $10.20 at $44.80, with 49,690 stock units. Jamaica Broilers finished trading 2 cents higher at $19, with 58,116 units, Jamaica Producers closed $1.99 down to $15, with 5,529 shares trading, Jamaica Stock Exchange ended with a loss of 21 cents at $6.50, with 14,000 shares, JMMB Group concluded trading with a loss of 4 cents at $26.45, with 194,170 shares. Kingston Wharves settled with a loss of $1.38 at $38.62, with 15,936 units, Mayberry Investments ended trading at $5.35, with 3,250 shares, NCB Financial Group traded 50 cents higher at $99.50, with 134,798 shares, 1834 Investments finished trading with a loss of 3 cents to close at a 52 weeks’ low of $1.12, with 17,000 shares. 138 Student Living ended with a loss of 10 cents at $5.40, with 5,000 shares changing hands, Palace Amusement closed at $560, with 150 stock units and ended with the bid at $635 to buy 150 units. PanJam Investment gained 44 cents to end at $41.95, with 12,400 units, Radio Jamaica rose 1 cent to $1.08, with 16,900 shares, Sagicor Group ended trading with a loss of 63 cents at $36.50, with 610,999 stock units, Sagicor Real Estate Fund ended trading 24 cents higher at $16.99, with 500,436 shares, Salada Foods traded $1.55 higher at $12.05, with 250 units, Scotia Group added 75 cents and closed at $52, with 92,613 shares, Seprod closed at $32, with 165 shares, Supreme Ventures concluded trading 15 cents higher at $11.85, with 46,246 stock units. Victoria Mutual Investments finished 8 cents higher at $4.58, with 754,989 units and Wisynco Group settled 12 cents higher at $10.72, with 1,435,099 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE main market pulls back – Thursday.”

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Berger Paints, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Money Market Brokers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB, JMMB Group, Kingston Wharves, Mayberry Investments, NCB Financial Group, Palace Amusement, PANJAM Investment, Proven Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Salada Foods, Scotia Group, Seprod, Supreme Ventures, Trading Activity, Victoria Mutual Investments, Wisynco

Grace jumps $10.99 to $55 – Wednesday

March 7, 2018 by IC Insider.com

Grace Kennedy gained $10.99 to close at $55 on Wednesday

Grace Kennedy jumped $10.99 to end at an all-time record high of $55, with just 14,941 units changing hands as the supply of the stock was virtually non-existent during the trading session.
The movement takes place after the group posted improved operating results for 2017 with earnings per share of $4.14 as a result of profits of $4.1 billion.
Main market activity ended with 28 securities changing hands, with 12 securities rising, 7 falling, 9 trading firm on Wednesday. Trading ended with 5,151,580 units valued at $52,948,353.
At the close of trading, the JSE All Jamaican Composite Index lost 682.73 points to 321,101.12 and the JSE Index declined by 622.05 points to 292,559.42.
In main market activity, Barita Investments closed 50 cents higher at $8, with 8,034 shares, Berger Paints ended 95 cents higher at $17.95, with 9,276 stock units, Carreras finished at $10.95, with 91,331 shares traded, Caribbean Cement settled at $33.50, with 1,500 shares, Ciboney Group ended trading 2 cents higher at $0.12, with 881,196 shares. Jamaica Broilers finished trading 49 cents higher at $18.98, with 93,815 units, Jamaica Producers closed $1.99 higher at $16.99, with 60,109 shares, Jamaica Stock Exchange ended 21 cents higher at $6.71, with 25,680 shares. JMMB Group concluded trading at $26.49, with 251,445 shares, Kingston Properties finished at $6.65, with 300 stock units, Kingston Wharves settled at $40, with 389,197 units, Mayberry Investments ended trading with a loss of 43 cents at $5.35, with 9,340 shares. NCB Financial Group traded 3 cents higher at $99, with 101,277 shares, 1834 Investments finished trading with a loss of 4 cents at $1.15, with 220,000 shares, Pulse Investments finished 5 cents higher at $1.80, with 6,375 shares, Radio Jamaica settled with a loss of 7 cents at $1.07, with 44,192 shares. Sagicor Group ended trading with a loss of 37 cents at $37.13, with 79,536 stock units, Sagicor Real Estate Fund ended trading with a loss of 25 cents at $16.75, with 94,700 shares, Scotia Group finished trading 25 cents higher at $51.25, with 2,650 shares, Seprod closed at $32, with 100 shares, Sterling Investments ended at $14, with 912 shares. Supreme Ventures concluded trading with a loss of 25 cents at $11.70, with 173,413 stock units, Victoria Mutual Investments finished at $4.50, with 1,394,445 units, Wisynco Group settled 10 cents higher at $10.60, with 68,818 shares and. In the main market preference segment, Jamaica Money Market 7.5% ended trading at $2.60, with 1,000 shares, JMMB Group 7.5% closed 3 cents higher at $1.02, with 923,998 shares, Proven Investments 8.25% settled with a loss of 85 cents at $5.15, with 204,000 units changing hands.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE main market pulls back – Wednesday.”

Filed Under: Feature Stories, JSE Main Market Tagged With: Berger Paints, Daily Trading, Emerging markets, Jamaica Broilers, Jamaica Money Market Brokers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB, JMMB Group, Mayberry Investments, NCB Financial Group, Proven Investments, Pulse Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Seprod, Supreme Ventures, Trading Activity, Victoria Mutual Investments, Wisynco

JSE adds 4,453 points in 3 days – Tuesday

March 6, 2018 by IC Insider.com

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Berger Paints fell $2.07 to $17 with the largest block of shares on Tuesday.

Market activity on Tuesday fell well below that on Monday but the market indices climbed higher with gains of 4,453 points in three days. The JSE All Jamaican Composite Index climbed 1,526.21 points to 321,783.85 and the JSE Index added 1,390.55 points to 293,181.47.
The main market ended with 27 securities changing hands, ending with 10 securities rising, 8 falling, 9 trading firm. Trading ended with 10,582,771 units valued at $143,248,381 changing hands, versus 4,116,289 units valued at $49,819,783 on Monday.
In main market activity, Barita Investments closed at $7.50, with 8,336 shares, Berger Paints ended with a loss of $2.07 at $17, with 2,492,575 stock units following release of audited nine months results showing a reduction of earnings at 81 cents compared to $1.17 for the same time in 2016 but with the 2017 figures being hit by a large amount incurred to provide the directors recommendation to shareholders following the takeover offer for the shares. Carreras finished with a loss of 5 cents at $10.95, with 142,495 shares, Caribbean Cement settled 45 cents higher at $33.50, with 232,837 shares, Ciboney Group ended trading at 10 cents, with 586,437 shares. Grace Kennedy traded 1 cent higher at $44.01, with 562,502 stock units, Jamaica Broilers finished trading with a loss of 39 cents at $18.49, with 35,051 units, Jamaica Producers closed at $15, with 9,380 shares, Jamaica Stock Exchange ended with a loss of 20 cents at $6.50, with 6,442 shares.

JMMB Group concluded trading $1.49 higher at $26.49, with 42,810 shares, Kingston Wharves settled 25 cents higher at $40, with 17,853 units, Mayberry Investments ended trading 37 cents higher at $5.78, with 4,220 shares, NCB Financial Group traded with a loss of 23 cents at $98.97, with 102,165 shares. Infrequently traded Palace Amusement, closed at $560, with 225 stock units as investors expect a big payoff from the sold out houses the company is enjoying currently with the showing of Black Panther that is raking in several million dollars per day for them. PanJam Investment ended 1 cent higher at $41.51, with 5,061 units, Pulse Investments finished with a loss of 3 cents at $1.75, with 6,605 shares, Radio Jamaica settled 6 cents higher at $1.14, with 16,600 shares. Sagicor Group ended trading at $37.50, with 424,976 stock units, Scotia Group finished trading 10 cents higher at $51, with 51,177 shares,

Supreme Ventures concluded trading 45 cents higher at $11.95, with 1,430 stock units, Victoria Mutual Investments finished with a loss of 35 cents at $4.50, with 1,963,833 units. Wisynco Group settled at $10.50, with 2,449,787 shares and Sagicor Real Estate Fund ended trading at $17, with 47,796 shares, but the stock traded at a record high of $17.50 early in the trading session. In the main market preference segment, Jamaica Money Market ended trading 11 cents higher at 52 weeks’ High of $2.60, with 500 shares, Jamaica Money Market traded at $1.95, with 1,375 stock units, JMMB Group closed at $0.99, with 18,453 shares, Sagicor Bank A 7.75% ended trading with a loss of 4 cents at an all-time low of $1.01, with 1,351,850 shares, changing hands.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE main market highest since October”

Filed Under: Feature Stories, JSE Main Market Tagged With: Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Money Market Brokers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB, JMMB Group, Kingston Properties, Kingston Wharves, Mayberry Investments, NCB Financial Group, PANJAM Investment, Proven Investments, Pulse Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Salada Foods, Scotia Group, Seprod, Supreme Ventures, Trading Activity, Victoria Mutual Investments, Wisynco

VM Investments dominates JSE’s trading

March 5, 2018 by IC Insider.com

VM Investments closes at a new high on Monday.

Victoria Mutual Investments dominated trading on the Main Market activity on the Jamaica Stock Exchange on Monday, accounted for 60.4 percent of total shares traded and closed at a record high of $4.85.
Market activity on Monday fell well below that on Friday but the market indices climbed much higher even as advancing stocks just edged out declining ones. The main market ended with 26 securities changing hands, ending with 10 securities rising, 8 falling, 8 trading firm. The JSE All Jamaican Composite Index surged 2,130.17 points to 320,257.64 and the JSE Index adding 1,940.83 points to 291,790.92.
Trading ended with 4,116,289 units valued at $49,819,783 changing hands, versus 115,025,659 units valued at $1,171,809,500 on Friday.
In main market activity, Barita Investments closed at $7.50, with 10,345 shares traded, Berger Paints ended 7 cents higher at $19.07, with 63,799 stock units, Carreras finished at $11, with 18,161 shares, Caribbean Cement settled with a loss of 4 cents at $33.05, with 9,961 shares, Ciboney Group ended trading 3 cents higher at 10 cents, with 35,000 shares. Grace Kennedy traded with a loss of $2 at $44, with 4,300 stock units, Jamaica Broilers finished trading with a loss of 12 cents at $18.88, with 11,324 units, Jamaica Producers closed at $15, with 39,031 shares, Jamaica Stock Exchange ended 15 cents higher at $6.70, with 2,250 units changing hands. JMMB Group concluded trading with a loss of $1 at $25, with 288,866 shares, Kingston Properties finished at $6.65, with 680 stock units, Kingston Wharves settled with a loss of $2.25 at $39.75, with 298,752 units, Mayberry Investments ended trading 41 cents higher at $5.41, with 1,450 shares. NCB Financial Group traded with a loss of 30 cents at $99.20, with 66,155 shares, PanJam Investment ended at $41.50, with 14,567 units, Pulse Investments finished with a loss of 7 cents at $1.78, with 2,500 shares, Sagicor Group ended trading 40 cents higher at $37.50, with 32,719 stock units. Scotia Group finished trading 88 cents higher at $50.90, with 1,240 shares, Sterling Investments ended $1 higher to $14, with 4,300 shares, Supreme Ventures concluded trading with a loss of 45 cents at $11.50, with 159,366 stock units, Victoria Mutual Investments finished 40 cents higher at a new high of $4.85, with 2,484,967 units. Wisynco Group settled 25 cents higher at $10.50, with 525,358 shares and Sagicor Real Estate Fund ended trading at $17, with 37,978 shares. In the main market preference segment, Jamaica Money Market 7.5% traded at $1.95, with 1,220 stock units, JMMB Group 7.5% closed at 99 cents, with 1,000 shares, Proven Investments settled 10 cents higher at $6, with 1,000 units, changing hands.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE main market sharply higher – Monday.”

Filed Under: Company News Tagged With: Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Money Market Brokers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB, JMMB Group, Kingston Properties, Kingston Wharves, Mayberry Investments, NCB Financial Group, PANJAM Investment, Proven Investments, Pulse Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Salada Foods, Scotia Group, Seprod, Supreme Ventures, Trading Activity, Victoria Mutual Investments, Wisynco

Partial recovery for JSE majors – Friday

March 2, 2018 by IC Insider.com

Rising prices on the main market of the Jamaica Stock Exchange had the upper hand at the close of trading on Friday, with an advance delcie ratio of 3 to 2.
At the close, the JSE All Jamaican Composite Index in gaining 796.36 points to 318,127.47 and the JSE Index adding 725.57 points to end at 289,850.09.
Trading on Friday closed with 27 securities changing hands leading to 11 advancing, 8 declining and 8 trading firm, in the main and US dollar markets.
The securities with the largest price changes include, Berger Paints that dropped $2.35 to $19, Caribbean Cement falling $2.99 to $33.01, Grace Kennedy jumping $2 to $46, Jamaica Producers losing $2 to $15, JMMB Group that climbed $1.99 to $26, Sagicor Real Estate Fund jumping $1 to a record $17 and Scotia Group with a fall of $1.98 to $50.02.
Main market activity ended with 115,025,659 units valued at $1,171,809,500 compared to 22,773,292 units valued at $377,866,606 on Friday. Wisynco Group accounted for 111,757,051 changing hands, followed by Ciboney Group with 1,851,345 units.
Trading results in an average of 4,424,064 shares valued at $45,069,596 for each security traded, in contrast to 875,896 shares valued at $14,533,331 on Thursday. For the month to date an average of 2,649,980 units valued at $29,801,464 traded. In contrast, February closed with average of 213,336 units valued at $3,392,475 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and 2 with lower offers.
Trading in the US dollar market ended with Proven Investments concluded trading at 21.5 US cents, down from 21.94 cents with 101,500 units changing hands with a value of US$21,823 as the market index slipped 2.05 points to 169.56.

For more details of market activities see – Wisynco trades 112 million shares on JSE – Friday.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Berger Paints, Caribbean Cement, Ciboney, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Proven Investments, Sagicor Real Estate Fund, Scotia Group, Trading Activity, Wisynco Group

Wisynco trades 112M shares on JSE – Friday

March 2, 2018 by IC Insider.com

NCB Capital Markets, Stanley Thompson (left) exchanges laughs with Wisynco, Chairman William Mahfood, Wisynco CEO Andrew Mahfood & PWC’s Fiona Hyman

Wisynco Group dominated trading on the main market activity on the Jamaica Stock Exchange on Friday as the recently listed stock accounted for 111.76 million units changing hands.
The big trade by in Wisynco Group, pushed trading in the overall market to 115,025,659 units valued at $1,171,809,500 versus 22,773,292 units valued at $377,866,606 on Thursday.
With the second and third largest shareholders accounting for 37.7 million units each, the seller of the bulk of the shares traded came from Wisynco Group Caribbean Ltd with just over 2.88 billion units. The trade reduced the majority holdings to just over 74 percent of the total shares issued.
Activity on the main market of the Jamaica Stock Exchange ended with 26 securities changing hands, ending with 11 securities rising, 7 falling, 8 trading firm. The JSE All Jamaican Composite Index rose 796.36 points to 318,127.47 and the JSE Index advanced by 725.57 points to 289,850.09.

In the main market activity, Barita Investments closed at $7.50, with 6,200 shares changing hands, Berger Paints ended with a loss of $2.35 at $19, with 6,550 stock units, Cable & Wireless concluded trading 9 cents higher at $1.10, with 110,691 units exchanged, Carreras finished 5 cents higher at $11, with 82,757 shares, Caribbean Cement settled at 8 cents more at $33.09, with 4,074 shares. Ciboney Group ended trading with a loss of 3 cents at a 52 weeks’ low of 7 cents, with 1,851,345 shares trading, Grace Kennedy climbed $2 to end at $46, with 4,168 stock units, Jamaica Broilers finished trading at $19, with 38,638 units, Jamaica Producers closed with a loss of 2 cents at $15, with 338,051 shares. Jamaica Stock Exchange ended at $6.55, with 1,500 shares, JMMB Group concluded trading in jumping $1.99 to $26, with 35,818 shares, Kingston Properties finished at $6.65, with 2,059 stock units trading, Mayberry Investments ended trading with a loss of 45 cents at $5, in exchanging 2,283 shares. NCB Financial Group traded at $99.50, with 6,795 shares, 1834 Investments finished trading for 4 cents more at $1.19, with 6,534 shares,

PanJam Investment gained 20 cents to end at $41.50, with 5,965 units, Portland JSX concluded trading at $10, with 506 shares. Radio Jamaica settled with a loss of 2 cents at $1.08, with 55,760 shares, Sagicor Group ended trading after rising 59 cents at $37.10, with 35,845 stock units, Sagicor Real Estate Fund traded $1 higher at record high of $17, with 58,784 shares, Scotia Group finished trading with a loss of $1.98 at $50.02, with 142,058 shares, Supreme Ventures finished 19 cents higher at $11.95, with 55,000 units. Victoria Mutual Investments settled at $4.45, trading 216,227 shares, Wisynco Group lost 45 cents to end at $10.25, with 111,757,051 shares traded and in the main market preference segment, Jamaica Money Market 7.5% traded at $1.95, with 1,000 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “Partial recovery for JSE majors – Friday.”

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Money Market Brokers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB, JMMB Group, Kingston Properties, Mayberry Investments, NCB Financial Group, PANJAM Investment, Proven Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Supreme Ventures, Trading Activity, Victoria Mutual Investments, Wisynco

JSE volume jumped sharply on Thursday

March 1, 2018 by IC Insider.com

Main Market activity on the Jamaica Stock Exchange jumped sharply on Thursday, ending trading on with 22,773,292 units valued at $377,866,606 changing hands versus 5,402,156 units valued at $66,110,510 on Wednesday.
Main Market of the Jamaica Stock Exchange Market activity ended with 26 securities traded ending with 10 securities rising, 12 falling, 5 trading firm, leading to market indices to a huge fall. The JSE All Jamaican Composite Index dropped 3,876.54 points to 317,331.11 and the JSE Index collapsed 3,531.97 points to 289,124.52.
In the main market activity, Barita Investments closed 50 cents higher at $7.50, with 5,708 shares, Berger Paints jumped $1.35 to close at $21.35, with 32,521 stock units, Cable & Wireless concluded trading with a loss of 20 cents at $1.01, with 288,269 units, Carreras finished at $10.95, with 7,029,473 shares, Caribbean Cement settled with a loss of $2.99 at $33.01, while exchanging 39,375 shares. Ciboney Group ended trading at 10 cents, with 4,963,048 shares, Grace Kennedy traded with a loss of 25 cents at $44, with 4,047,260 stock units, Jamaica Broilers finished trading 2 cents higher at $19, with 11,908 units, Jamaica Producers closed $1.90 higher at $17, with 32,106 shares. Jamaica Stock Exchange ended with a loss of 45 cents at $6.55, trading 3,000 shares, JMMB Group concluded trading with a loss of $1.99 at $24.01, after 4,190,962 shares were swapped, Kingston Properties finished at $6.65, with 384 stock units, Kingston Wharves settled at $42, trading 1,908 units. Mayberry Investments ended trading 44 cents higher at $5.45, with 2,000 shares, NCB Financial Group traded with a loss of 50 cents at $99.50, with 69,631 shares, PanJam Investment rose 30 cents to $41.30, with 49,336 units, Pulse Investments finished with a loss of 14 cents at $1.85, with 200,000 shares changing hands. Radio Jamaica settled 1 cent higher at $1.10, with 580 shares, Sagicor Group ended with a loss of 99 cents at $36.51, trading 41,250 stock units, Sagicor Real Estate Fund ended trading at $16, with 59,513 shares Salada Foods fell $1 to $10.50, with 687,500 units, Scotia Group finished trading at $52, with 27,741 shares. Supreme Ventures concluded trading with a loss of 19 cents at $11.76, with 34,690 stock units, Victoria Mutual Investments finished with a loss of 1 cent at $4.45, with 454,250 units and Wisynco Group settled with a loss of 79 cents at $10.70, with 456,979 shares. In the main market preference segment, JMMB Group 7.5% rose 14 cents and closed at 99 US cents with 43,900 shares.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE main market in sharp drop – Thursday.”

Filed Under: Feature Stories, Stock Market Tagged With: Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Money Market Brokers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB, JMMB Group, Kingston Properties, Kingston Wharves, Mayberry Investments, NCB Financial Group, PANJAM Investment, Pulse Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Salada Foods, Scotia Group, Supreme Ventures, Trading Activity, Victoria Mutual Investments, Wisynco

JSE majors in month end jump – Wednesday

February 28, 2018 by IC Insider.com

Wisynco had the largest trades.

The Main Market of the Jamaica Stock Exchange closed the last day of the month on a high note with the JSE All Jamaican Composite Index rising 1,154.95 points to 321,207.65 and the JSE Index advancing by 1,052.29 points to 292,656.49, in what has become a usual month end rally.
Trading on Wednesday closed 28 securities changing hands with 12 advancing, 8 declining and 8 trading firm, in the main and US dollar markets.
The securities with the largest price changes include, Berger Paints ending with a gain of $1.50 to $20, Caribbean Cement rising $1 to $36, JMMB Group up by $1 to $26, NCB Financial Group traded 95 cents higher at $100, Salada Foods with a gain of $1 higher to $11.50, Wisynco Group settling at $1.19 higher to $11.49 and Scotia Group lost $1 to close at $52. Sagicor Real Estate Fund traded at an intraday all-time high of $17 but closed at $16 and JMMB Group 7.5% preference share closed a 52 weeks’ low of 85 cents.
Main market activity ended with 8,204,593 units valued at $66,110,510 compared to 8,204,593 units valued at $155,870,781 on Wednesday. Wisynco Group accounted for 60.5 percent of the total volume traded in the with 3,266,124 stock units followed by Ciboney Group with 658,995 units or 12.2 percent and Caribbean Cement with 359,865 shares.
Trading results in an average of 200,080 shares valued at $2,448,537 for each security traded, in contrast to 282,917 shares valued at $5,374,855 on Tuesday. The average volume and value for the month to date amounts to 213,336 units valued at $3,392,475 and previously, 214,033 units valued at $3,445,024. In contrast, January closed with average of 349,084 units at an average of $5,801,440 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 9 stocks ended with bids higher than their last selling prices and 3 with lower offers.
Trading in the US dollar market ended with Productivity Business trading 5,000 shares and rose 2 cents to close at 60 US cents with a value of US$3,000 as the market index rose 1.84 points to 172.55.

For more details of market activities see – JSE rise on reduced volume on Wednesday.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Berger Paints, Ciboney, Daily Trading, Emerging markets, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, NCB Financial, Productive Business Solutions, Sagicor Real Estate Fund, Salada Foods, Scotia Group, Trading Activity, Wisynco Group

JSE rise on reduced volume on Wednesday

February 28, 2018 by IC Insider.com

Main Market activity on the Jamaica Stock Exchange remained elevated on Wednesday, ending trading on with 5,402,156 units valued at $66,110,510 changing hands versus 8,204,593 units valued at $155,870,781 on Tuesday.
Main Market of the Jamaica Stock Exchange Market activity ended with 27 securities traded ending with 11 securities rising, 8 falling, 8 trading firm. The JSE All Jamaican Composite Index climbed 1,154.95 points to 321,207.65 and the JSE Index advanced by 1,052.29 points to 292,656.49.
In the main market activity, Barita Investments closed with a loss of 70 cents at $7, with 20,270 shares, Berger Paints ended $1.50 higher at $20, with 71,216 stock units, Cable & Wireless concluded trading with a loss of 4 cents at $1.21, with 109,384 units, Carreras finished at $10.95, with 54,081 shares, Caribbean Cement settled $1 higher at $36, with 359,865 shares. Ciboney Group ended trading at $0.10, with 658,995 shares, Grace Kennedy traded 25 cents higher at $44.25, with 4,213 stock units, Jamaica Broilers finished trading at $18.98, with 158,864 units, Jamaica Producers closed with a loss of 40 cents at $15.10, with 5,232 shares. Jamaica Stock Exchange ended 55 cents higher at $7, with 4,150 shares, JMMB Group concluded trading $1 higher at $26, with 29,850 shares, Kingston Wharves settled with a loss of 60 cents at $42, with 46,183 units, Mayberry Investments ended trading 29 cents higher at $5.01, with 5,100 shares. NCB Financial Group traded 95 cents higher at $100, with 31,179 shares,138 Student Living ended at $5.50, with 100 shares changing hands, PanJam Investment ended at $41, with 4,880 units, Portland JSX Fund concluded trading with a loss of 22 cents at $10, with 2,000 shares, Radio Jamaica settled with a loss of 1 cent at $1.09, with 45,953 shares. Sagicor Group ended trading 50 cents higher at $37.50, with 68,614 stock units, Sagicor Real Estate Fund ended trading at $16, after hitting an intraday all-time high of $17, with 24,139 shares trading. Salada Foods traded $1 higher at $11.50, with 50,000 units, Scotia Group finished trading with a loss of $1 at $52, with 39,787 shares, Sterling Investments ended at $13, with 3,240 shares. Supreme Ventures concluded trading at $11.95, with 21,100 stock units, Victoria Mutual Investments finished 7 cents higher at $4.46, with 247,305 units, Wisynco Group settled $1.19 higher at $11.49, with 3,266,124 shares and In the main market preference segment, JMMB Group closed a 52 weeks’ low of 85 cents higher after losing 15 cents, with 70,332 shares changing hands.

Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “”JSE majors in month end jump – Wednesday.