Activity on the Jamaica Stock Exchange, resulted in the prices of 16 stocks rising, 5 declining as 29 securities changed hands, ending in 2,166,650 units trading, valued at $9,438,928, and 8 stocks trading at new 52 weeks’ high, in all market segments. Trading was characterized by number of the stocks trading recorded relatively high levels of price movements.
TheJSE Market Index gained 411.58 points to 98,200.49, theJSE All Jamaican Composite index rose 460.04 points to close at 108,700.70 and the JSE combined index put on 519.16 points to end at 100,983.07.
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 4 with offers that were lower.
Stocks trading include, Barita Investments losing 14 cents with 334,867 shares trading to end at $2.51, Caribbean Cement with 365,811 shares closing at $5, Carreras ending with a 50 cents loss with 9,995 units to close at $49.50, Desnoes & Geddes traded 608 shares to rise cents to $8 having gained 45 cents. 
Jamaica Stock Exchange traded 37,000 units after the company announced a 53 cents dividend, payable in July and closed at $5.75 with a gain of 75 cents for a new high, National Commercial Bank ended with 42,811 shares changing hands $1 higher to end at $30. Pan Jamaican Investment traded 10,000 units to gain $1.50 and end at a 52 weeks’ high of $63.50, Sagicor Group ended with 121,095 shares trading at $12.06 for a 5 cents gain. Scotia Group had just 11,600 units trading to close $1.01 down at $24.50, Scotia Investments traded only 3,000 units to close up by $3.57 to $29.85, Supreme Ventures enjoyed trading in 21,700 shares at $3.60 and Jamaica Money Market Brokers 7.50% preference share traded 113,120 units at $2.11 for a 19 cents dip.
Only 3 stock rose 1 fell on TTSE
Trading on the Trinidad Stock Exchange ended with 11 securities changing hands of which 3 advanced, 1 declined and 7 traded firm with a total of 718,142 units, valued at $1,958,691.
At the close of the market, the Composite Index rose 1.21 points to close at 1,161.66, the All T&T Index gained just 0.12 points to close at 1,970.56 and the Cross Listed Index increased by a mere 0.31 points to end at 46.29.
Gains| Stocks increasing in price at the close are, Clico Investment Fund with 4,400 shares trading, gained by 5 cents to end at $22.55, National Commercial Bank contributing 329,506 shares with a value of $283,784, to end at $1.80 up 4 cents and West Indian Tobacco ]traded 550 shares and closed at $125.40, up 7 cents.
Declines| JMMB Group with 314,254 shares being traded for $142,389 to close down by 2 cents at 45 cents to be the sole stock declining.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, ANSA McAL trading 318 shares and closed at $67.07, First Citizens Bank trading 635 shares to close at $35.81. Guardian Holdings close at $14.05 while trading 40,000 shares with a value of $562,000, Massy Holdings traded 5,509 shares valued at $354,504 to close at $64.35, National Flour traded 1,000 units and closed at $2, Sagicor Financial Corporation traded 13,470 units at $6.04 and Scotia Investments ended with 8,500 shares changing hands at $1.47.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 1 stock with the bid higher than the last selling price and 2 stocks with lower offers.
5 up 4 down on TTSE on Monday
Trinidad Cement traded 674,117 shares on Monday
At the close of the market, the Composite Index rose 0.99 points to close at 1,160.45, the All T&T Index fell by just 0.09 points to close at 1,970.44 and the Cross Listed Index increased by a mere 0.27 points to end at 45.98.
Gains| Stocks increasing in price at the close are, ANSA McAL trading 1,200 shares and closed with a gain of 1 cent to end at a 52 weeks’ high of $67.07 while Ansa Merchant Bank traded 18,307 shares valued at $713,058 and gained 3 cents to $38.95. First Citizens Bank traded 3,502 shares to close at $35.81, up 1 cent, National Commercial Bank contributing 163,161 shares with a value of $283,784, to end at $1.76 after gaining 6 cents and Scotiabank with 6,782 shares changing hands for a value of $424,214, closed with a gain of 1 cent at $62.55.
Declines| The stocks declining at the end of trading are, Clico Investment Fund with 54,643 shares valued at $1,229,683 traded and declined by 5 cents to end at $22.50, Guardian Holdings suffered a loss of 9 cents to close at $14.05 while trading 4,000 shares. Massy Holdings traded 2,424 shares valued at $155,988 to close with a loss of 1 cent at $64.35 and National Enterprises with 3,842 shares traded and closed at a new 52 weeks’ low of $17.19 after losing a cent.Firm Trades| Stocks closing with prices unchanged at the end of trading are, JMMB Group with 280,000 shares being traded for $131,600 and closed at 47 cents. Guardian Media with 200 shares closed at $19.76, Firstcaribbean International Bank contributed 11,000 shares as the price closed unchanged at $5, Sagicor Financial Corporation 6.5% preference shares traded 1,000 units at US$1.10, Trinidad Cement ended the day at $2.90, with 674,117 shares changing hands, for a value of $1,954,939.
and West Indian Tobacco traded 500 shares and closed at $125.33
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bid higher than their last selling prices and 1 stock with a lower offer.
Ansa McAl trades $13.4M on TTSE
Ansa McAl tradeds amount to TT$13.4
At the close of the market, the Composite Index rose 0.31 points to close at 1,159.46, the All T&T Index gained 69 points to close at 1,970.53 and the Cross Listed Index fell by a mere 0.01 points to end at 45.71.
Gains| Stocks increasing in price at the close are, Clico Investment Fund with 2,150 units trading and advancing 5 cents, to $22.55, Massy Holdings trading 47,875 shares valued at $3,081,215, to close higher by 11 cents, at $64.36. Sagicor Financial Corporation trading 13,700 units at $6.05, after inching up 1 cent and Trinidad Cement ending the day 6 cents up, at $2.86 with 1,082,946 shares changing hands, for a value of $3,096,347.
Declines| Grace Kennedy fell 2 cents to end the day at $3.53 while trading only 400 shares and was the only stock declining at the end of trading.Firm Trades| Stocks closing with prices unchanged at the close of trading are, ANSA McAL with 200,250 shares changing hands and carrying a value of $13,428,765 closed at $67.06, First Citizens Bank trading 3,275 shares to close at $35.80. JMMB Group with 21,354 shares trading, closed at 47 cents, National Flour with 9,502 shares trading, ended at $2, Point Lisas Industrial Port trading 100 shares valued at $3.81 and Prestige Holding trading 20 units at $9.90.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 1 stock with the bid higher than their last selling prices and 1 stock with a lower offer.
JSE struggles to break out
Buyers are willing to buy proven at a PE of 48, by far the highest in the market.
Trading in the market resulted in the prices of 10 stocks rising, 8 declining as 31 securities changed hands, ending in 4,581,896 units trading, valued at $24,655,549, in all market segments and 3 stocks closed a new 52 weeks’ high, in all market segments. The main market of the JSE Market Index lost 1,163.43 points to 98,088.54, theJSE All Jamaican Composite index fell 1,300.42 points to close at 108,575.56 and the JSE combined index dropped by 1,097.94 points to end at 100,748.95.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 12 stocks with bids higher than their last selling prices and just 2 with offers that were lower. The indications from pass comparisons with the next day actual performance suggests that the numbers of stocks likely to rise on the next trading day will be close to the number of higher bids but the negatives number could end being 2 to 4 times the above lower bids.In trading, Cable & Wireless continues to shed cents from the stock price as it traded 105,232 shares, to end at 43 cents 2 cents down. Caribbean Cement had just 10,000 shares trading, but it lost 20 cents to close at $4.80, Carreras had just 3,200 units changing hands at $1 higher to $51, Jamaica Stock Exchange had 15,850 units changing hands for 5 cents more to reach a new 52 weeks closing high of $5.05
as the board of the company meets on Monday coming, to declare a dividend. National Commercial Bank lost 60 cents while trading 131,412 units to end at $29, Sagicor Group finished with 25,900 shares to close at $12, Proven Investments traded a good volume of 368,945 shares to close at 21 US cents, but finished with the bid at US 22 cents for a hand full of shares. If the stock should trade at this level the valuation would be a PE ratio of 48 times ongoing earnings, well above any other stock on the exchange. Jamaica Money Market Brokers 7.25% preference share trading 1.8 million units and the 8.75% preference share ending with 999,225 shares.
JSE records gains as 12 stock rose
JSE closed at a new high on Thursday of $5
The JSE Market Index rose by 850.14 points to 99,251.97,
the JSE All Jamaican Composite index rose 950.23 points to close at 109,875.98 and the JSE combined index gained 909.48 points to end at 101,846.89.IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 11 stocks with bids higher than their last selling prices and 4 with offers that were lower.
After two hours of trading on Thursday there was heavy trading in a number of stocks. The big trades for the day are Caribbean Cement with 4,504,011 shares to close at $4.80, the vast majority traded at $5. Carreras traded 528,878 units to end at $50, Jamaica Broilers with 3,019,120 shares changing hands, closed at $5.50, Scotia Group traded 1,103,300 shares with the price closing unchanged at $25.50 as Scotia Investment bought most of those to trade. Supreme Ventures had 8,559,749 shares traded to end at $3.50, down 25 cents and Jamaica Money Market Brokers 7.50% preference share traded 836,000 units with a gain of 19 cents to end at $2.30.
Elsewhere in the market, Jamaica Stock Exchange traded 21,150 units to end with a gain
of 20 cents to a new closing high of $5. National Commercial Bank with 248,135 shares closed at $29.60 to end with a 5 cents gain, Pan Jamaican Investment traded 5,678 shares to close 3 cents higher at a new 52 weeks high of $60.55, Pulse Investments traded 300,000 units at 45 cents, to gain 9 cents for a new 52 weeks high. Sagicor Group had 388,585 shares trading to close at $12, Sagicor Real Estate Fund traded 418,797 shares at $7.60, up 50 cents on the day, Scotia Investments exchanged 20,028 shares to close at $26.28 and Proven Investments traded 146,255 shares at 21 US cents.
Declining stocks outpace advancers
Activity on the Jamaica Stock Exchange, resulted in the prices of 10 stocks rising, 13 declining as 33 securities changed hands, ending in 9,407,399 units trading, valued at $83,136,775, with 4 stocks closing at 52 weeks’ high, in all market segments.
The JSE Market Index lost 787.71 points to 98,401.83, the JSE All Jamaican Composite index declined 880.45 points to close at 108,925.75 and the JSE combined index dropped by 631.19 points to end at 100,937.41.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 15 stocks with bids higher than their last selling prices and 9 with offers that were lower. The indication is for fluidity in price movements on Thursday and the likelihood of declining stocks out numbering advancing ones.
In trading, Berger Paints traded 71,289 units at $3, Caribbean Cement had 201,560 units trading at $5 after dropping 10 cents. Interestingly, even as Cable & Wireless posted a large loss after taking a $7 billion one off extra ordinary expense hit, the stock traded 649,000 units between 50 cents and the closing price of 48 cents, the same as on Tuesday. Carreras traded 483,380 units at $50, after falling $1.50, Gleaner Company had 219,403 shares trading at $1, Hardware & Lumber closed with 38,638 shares trading unchanged at $18, Jamaica Broilers having 2,428,147 units trading with the price holding at $5.18 after slipping from $5.50 earlier in the day, to end the day down 7 cents. JMMB Group lost 79 cents while it traded 1,130,033 units as the price closed at $7.71, following poor profit results in the final quarter of the fiscal year to March.
Mayberry Investments had 1,099,821 units trading 4 cents lower at $3.05. One million units of the stock were sold by JMMB Securities and Mayberry bought them for in house purposes. National Commercial Bank ended with 81,153 units changing hands 35 cents down at $29.55, Pan Jamaican Investment traded 4,078 units 2 cents higher for a new 52 weeks’ high of $60.52. Sagicor Group had 1,199,248 shares trading at $12, after slipping 5 cents, Scotia Group had 315,085 units changing hands to end 250 cents higher at $25.50 and Jamaica Money Market Brokers 7.50% preference shares closed with 295,000 units trading to end at $2.11.
All Jamaica below 110,000 at 11:30am
The Jamaica Stock Exchange is trading with some fair volume with Jamaica Broilers 
having 1,568,877 units trading with the price holding at $5.50 and JMMB Group with 1,126,033 units but the price slipped to $8, following poor profit results in the final quarter of the fiscal year to March. Mayberry Investments had 1,000,000 units trading at $3.15, the stock was sold by JMMB Securities and Mayberry bought them for in house purposes. Carreras traded 300,000 units at $50, Sagicor Group had 485,070 shares trading at $12.15, Scotia Group had 255,085 units changing hands at $25.50. Interestingly, even as Cable & Wireless posted a bad loss after taking a $7 billion one off extra ordinary expense hit the stock traded 327,000 at 50 cents. Cargo Handlers trades at a new high of $22.48 by adding 19 cents in trading 102,900 units and Caribbean Cream traded 100,000 units at a new high of $1.35.
4 stocks up 2 down on TTSE
Trading on the Trinidad Stock Exchange ended with 13 securities changing hands of which 4 advanced, 2 declined and 7 traded firm with a total of 65,604 units, valued at $678,230.
At the close of the market, the Composite Index rose 0.76 points to close at 1,160.71, the All T&T Index rose by just 0.36 points to close at 1,969.22 and the Cross Listed Index increased by a mere 0.16 points to end at 46.22.
Gains| Stocks increasing in price at the close are, National Commercial Bank contributing 8,937 shares, 5 cents higher at $1.75, National Flour Mills with 17,958 shares changing hands, to close with a gain of 10 cents at $1.95, for a new 52 weeks’ high. One Caribbean Media gaining 11 cents to end the day at $22.41 with just 100 shares trading and Sagicor Financial Corporation traded 870 shares to close with a gain of 1 cent at $6.05.
Declines| The stocks declining at the end of trading are, Guardian Holdings ended with 6,400 shares trading and closing at $14.14 for a loss of 1 cent and JMMB Group with a volume of 10,300 shares being traded 3 cents lower at 50 cents.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Angostura Holdings trading 44 units at $13.90, First Citizens Bank trading 7,998 shares valued at $286,328 to close at $35.80. Guardian Media with 546 shares closed at $19.76, National Enterprises with 5,540 shares closed at $17.20, Prestige Holdings ended with just 10 shares changing hands at $9.90, Scotiabank traded 1,984 units at $62.54 and Scotia Investments traded 4,917 shares to close at $1.47. Scotia Investments will be reporting second quarter results on Thursday after trading.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.
15 stocks rose 10 declined on JSE
JSE traded at a new all-time high of $4.80 to record a gain of 220% for the year to date
TheJSE Market Index lost 484.92 points to 99,189.54, theJSE All Jamaican Composite index fell 542.01 points to close at 11109,806.20 and the JSE combined index gained 850.26 points to end at 101,568.60.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 14 stocks with bids higher than their last selling prices and 3 with offers that were lower.
Market activity saw, Cable & Wireless ending with 1,359,285 shares to close at 48 cents, after losing 2 cents but the stock traded as low as 45 cents after the company reported a huge $9 billion loss including an exceptional charge of $7 billion, after trading closed on Monday.
Caribbean Cement had 70,900 shares trading at $5.10, to record a gain of 10 cents. Carreras traded of $51.50 and lost 50 cents but with just 6,272 shares, Desnoes & Geddes had 38,161 units changing hands at $7.50, for a loss of 5 cents, Hardware & Lumber traded 72,196 shares between a new intra-day high of $19 and the closing price of $18, Jamaica Broilers traded 206,666 units to close at $5.25 with a 30 cents loss. Jamaica Stock Exchange traded 5,000 units at a new high of $4.80 after gaining 30 cents. JMMB Group gained 5 cents, with 14,350 shares to close at $8.50. Mayberry Investments traded 183,599 units at $3.09, as the price slipped by 1 cent, 
National Commercial Bank traded 24,497 shares at $29.90 and lost 9 cents, Radio Jamaica traded 100,000 shares to remain unchanged at $3. Sagicor Group had 344,180 units trading 5 cents higher to end at $12.05, the company Real Estate Fund ended with 18,186 units trading down by 8 cents at $7.50. Scotia Group traded 309,997 units at $25.30, Supreme Ventures added 117,357 shares at $3.80. Proven Investments had 40,900 changing hands at 20.99 US cents, Jamaica Money Market Brokers 7.50% preference shares closed with 250,900 units trading at $2.11 and Jamaica Money Market Brokers 8.75% preference shares closed with 147,225 units trading at $3.02.