Stocks closed slightly higher on the Jamaica Stock Exchange main market on Thursday than on Wednesday with the JSE All Jamaican Composite Index increasing 96.51 points to 325,799.33 and the JSE Index rising 87.93 points to 296,840.01.
At the close, 26 securities traded, compared to 26 on Wednesday and ended with the prices of 7 stocks rising, 11 falling and 8 trading firm, in the main and US dollar markets.
At the close of trading, JMMB Group fell 75 cents to $26.50, Kingston Wharves jumped $3.50 to $49.50, NCB Financial Group ended with the day’s highest volume with a loss of $1.50 to $95 and Scotia Group lost $1.49 to end at $50.50.
Main market activity ended with 6,955,242 units valued at $271,269,169 changing hands compared to 14,655,576 units valued at $227,353,346 on Wednesday. At the close of trading, NCB Financial Group ended with 2,259,648 units representing 32.49 percent of the day’s volume, followed by Ciboney Group with 1,630,930 units and 23.45 percent of the volume traded and 
Wisynco Group closed with 1,609,916 units, accounting for 23.15 percent of the overall volume.
Trading resulted in an average of 289,802 units valued at an average of $11,302,882 for each security traded. In contrast to 563,676 units for an average of $8,744,359 on Wednesday. The average for the month to date is 713,135 shares with a value of $5,603,629 and previously 735,222 shares with a value of $4,951,259. In contrast, March closed with an average of 626,526 units with an average value at $20,492,207 for each security traded.
Traded in the US dollar market ended with 14,950 units valued at $4,941 as Productivity Business increased 2 cents and ended at 58 US cents with 4,400 shares traded and Proven Investments rose 1 cent to 23 US cents trading 10,500 units. The Market rose 5.71 points to close at 177.88.
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 4 with lower offers.
For more details of market activities see – JSE main market volume remains elevated – Thursday.
JSE main market volume remains elevated – Thursday
Trading on the Main Market of the Jamaica Stock Exchange on Thursday as 24 securities changed hands, resulting in 6,955,242 units valued at $271,269,169 trading.
The main market closed with just 5 securities rising, 11 declining and 8 trading firm, leading to the JSE All Jamaican Composite Index increased by 96.51 points to 325,799.33 and the JSE Index advanced by 87.93 points to 296,840.01.
In market activity, Berger Paints gained 5 cents to end at $19.05, with 74,992 stock units, Carreras concluded trading with a loss of 40 cents at $10.60, in the trading of 476,294 units, Caribbean Cement lost 51 cents and finished at $38, with 213,889 shares, Ciboney Group gained 1 cent to end at 13 cents with 1,630,930 shares trading. Grace Kennedy ended trading at $49, after gaining 50 cents with 24,964 shares, Jamaica Broilers traded with a fall of 50 cents at $20.50, exchanging 4,898 stock units, Jamaica Producers finished trading 6,648 units at $16.50, Jamaica Stock Exchange lost 5 cents and closed at $6.85, trading just 100 shares. JMMB Group fell 75 cents and ended at $26.50, with 120,688 shares, Kingston Wharves jumped of $3.50 to $49.50, trading 3,418 stock units, Mayberry Investments settled for a fall of 3 cents at $6.02, with 17,367 units changing hands. NCB Financial Group ended trading with a fall of $1.50 to $95, with 2,259,648 shares, PanJam Investment lost 25 cents in exchanging 190,902 shares at $43.75. Radio Jamaica ended with 10,077 shares trading at $1.05, Sagicor Group settled at $37.50, after 33,966 shares traded and Sagicor Real Estate Fund settled at $15, with 1,000 shares. Salada Foods traded 30,900 shares at $11.20, 
Scotia Group lost $1.49, to trade at $50.50, with 69,878 units, Supreme Ventures ended at $11.57, with 44,591 shares, Victoria Mutual Investments concluded trading at $4.30, after rising 24 cents with 130,176 stock units and Wisynco Group finished at $10.50, down 40 cents with 1,609,916 units changing hands. In the main market preference segment, Jamaica Money Market Brokers 7.25% traded a mere 300 units at $2.55, while Productivity Solutions 9.75% traded 350 units at $105 and Proven Investments 8.25% finished at $5, with 1,079,574 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 “JSE main market ekes out modest rise – Thursday.”
JSE main market retreats on Wednesday
Stocks closed on the Jamaica Stock Exchange main market with a fall on Wednesday pulling the JSE All Jamaican Composite Index down by 1,060.23 points to 325,702.82 and the JSE Index lower by 965.99 points to 296,752.08.
At the close, 26 securities traded, compared to 27 on Tuesday and ended with the prices of 11 stocks rising, 11 falling and 4 trading firm, in the main and US dollar markets.
At the close of trading, Caribbean Cement jumped $1.51 to $38.51, JMMB Group lost $1.08 to $27.25, Kingston Wharves fell 43 to $46, Scotia Group rose $1.79 to $51.99 and Seprod gained $1 to $35.
Main market activity ended with 14,655,576 units valued at $227,353,346 compared to 10,843,662 units valued at over $263,546,997 on Tuesday. 
At the close of trading Carreras closed with 4,337,080 units changing hands and accounting for 29.59 percent of the volume traded Wisynco Group closed with 13,412,434 units and accounted for 23.28 percent of the day’s volume and Ciboney Group Limited with 2,161,849 units and 14.75 percent of the volume. Also trading in large quantity were Jamaica Producers with 1,044,013 units and scotia Group with 1,959,155 units.
Trading resulted in an average of 563,676 units valued at an average of $8,744,359 for each security traded. In contrast to 401,617 units for an average of $9,761,000 on Tuesday. The average for the month to date is 736,824 shares with a value of $4,962,720 and previously 747,221 shares with a value of $4,720,546. In contrast, March closed with an average of 626,526 units with an average value at $20,492,207 for each security traded.
There was no trading in the US dollar market on Wednesday leaving the Market index at 172.17.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows7 stocks ended with bids higher than their last selling prices and 3 with a lower offers.
For more details of market activities see – JSE main market trading drops sharply – Wednesday.
JSE main market trading elevated – Wednesday
Trading on the Main Market of the Jamaica Stock Exchange on Wednesday as 26 securities changed hands, resulting in 14,655,576 units valued at $227,353,346 trading.
The main market closed with 11 securities rising, 11 declining and 4 trading firm, leading to the JSE All Jamaican Composite Index falling 1,060.23 points to 325,702.82 and the JSE Index declined by 965.99 points to 296,752.08.
In market activity, Barita Investments closed at $10.25, with 1,025 shares, after adding 25 cents, Berger Paints lost 10 cents and ended at $19, with 10,656 stock units, Carreras fell 5 cents and concluded trading at $10.75, with 4,337,080 units, Caribbean Cement jumped $1.51 and finished at $38.51, with 66,979 shares, Ciboney Group declined by 2 cents and settled at 12 cents, with 2,161,849 units. Grace Kennedy ended trading with a loss of 51 cents at $48.50, with 35,620 shares, Jamaica Broilers gained 90 cents in traded 14,955 stock units to end at $21, Jamaica Producers finished trading at $16.50, with 1,044,013 units, Jamaica Stock Exchange lost 10 cent and closed at $6.90, with 1,260 shares. JMMB Group dropped $1.08, ending at $27.25, with 170,021 shares, Kingston Wharves dropped $3 and finished at $46, with 15,000 stock units, Mayberry Investments settled at $6.05, for a rise of 3 cents, with 108,012 units, NCB Financial Group climbed $1.40 to $96.50, with 46,142 shares. 1834 Investments closed trading at $1.15, with 81,945 shares, PanJam Investment lost 1 cent and closed at $44, with 72,100 stock units, Pulse Investments concluded trading at $1.79, after falling 1 cent with 108,000 shares, 
Sagicor Group fell 49 cents and settled at $37.50, with 25,985 shares and Sagicor Real Estate Fund settled at $15, with a rise of 99 cents trading 17,835 shares. Salada Foods gained 5 cents and ended trading at $11.20, with 43,684 stock units, Scotia Group jumped $1.79 to $51.99, with 1,959,155 units, Seprod climbed $1 and finished trading at $35, with 25,820 shares, Supreme Ventures ended at $11.75, up 5 cents with 527,887 shares. Victoria Mutual Investments concluded trading at $4.06, after rising 31 cents with 357,576 stock units and Wisynco Group finished at $10.90, with 3,412,434 units changing hands. In the main market preference segment, Jamaica Money Market 7.5% traded 2,138 stock units at $1.92 and JMMB Group closed at 99 cents, with 8,405 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 retreats on Wednesday.”
JSE main market falls – Tuesday
Wisynco, traded the most shares on tuesday.
Stocks closed lower on the Jamaica Stock Exchange main market on Tuesday with the JSE All Jamaican Composite Index falling by 831.65 points to 326,763.05 and the JSE Index declined 757.73 points to 297,718.07.
At the close, 27 securities traded, compared to 24 on Monday and ended with the prices of 9 stocks rising, 8 falling and 10 trading firm, in the main and US dollar markets.
At the close of trading, Jamaica Producers ended with a loss of 99 cents to $16, JMMB Group rose $1.11 to $28.33, as some buying came into the market for the stock. NCB Financial dropped $1.90 to $95.10, Sagicor Group rose $1.14 to $37.99, Sagicor Real Estate Fund lost 99 cent to $14.01 and Scotia Group declined $1.30 to $50.20 and Seprod rose 99 cents to $34.
Main market activity ended with 10,843,662 units valued at $263,546,997 compared to 3,603,029 units valued at $73,318,401 on Monday. 
At the close of trading, Wisynco Group closed with 2,509,633 units changing hands and accounting for 23.14 percent of the volume traded, Jamaica Broilers Group ended with 1,888,250 units or 17.4 percent of the volume and Carreras with 1,714,181 units accounted for 15.8 percent of the day’s volume. Also trading over a million units are Supreme Ventures with 1,094,984 units and Scotia Group with 1,029,931 shares.
Trading resulted in an average of 401,617 units valued at an average of $9,761,000 for each security traded. In contrast to 156,653 units valued at an average of $3,187,757 on Monday. The average for the month to date is 747,221 shares with a value of $4,720,546 and previously 770,204 shares valued $4,361,464. In contrast, March closed with an average of 626,526 units with an average value at $20,492,207 for each security traded.
There was no trading in the US dollar market leaving the Market index at 172.17.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows7 stocks ended with bids higher than their last selling prices and 3 with a lower offers.
For more details of market activities see – JSE trading picks up on Tuesday.
New JSE record on limited volume
Trading levels rose on the Main Market of the Jamaica Stock Exchange on Monday but remained moderate with an average of only 156,653 units valued at $3,187,757 for each security trading.
At the close of trading, 23 securities changed hands, resulting in 6,877,671 units valued at $68,979,399 trading, up sharply from the 2,507,681 units valued at only $38,468,870 on Friday.
The main market closed with 9 securities rising, 7 declining and 7 trading firm, leading to the JSE All Jamaican Composite Index increasing by 1,415.92 points to end at a record close of 327,594.70 and the JSE Index rising 1,290.06 points to a new closing record of 298,475.80.
In market activity, Barita Investments closed at $9.50, with 33,268 shares, Berger Paints rose 10 cents and ended at $19.10, with 4,237 stock units, Carreras concluded trading at $10.90, with 1,171,484 units, Caribbean Cement finished at $36.50, with 64,512 shares, Grace Kennedy rose 65 cents and ended trading at $49.65, with 6,186 shares. Jamaica Broilers rose 45 cents to $20.50, with 570,105 stock units, Jamaica Producers ended with a rise of 99 cents at $16.99, with 12,676 units, Jamaica Stock Exchange rose 2 cents and closed at $6.52, with 2,350 shares, JMMB Group lost $1.10 to closed at $27.22, as some selling came into the market for the stock, and ended with 1,208,947 shares changing hands. Kingston Wharves lost 5 cents and finished at $49.95, with 2,471 stock units after it traded at an intraday high of $51, Mayberry Investments settled at $6.05, with 20,200 units, NCB Financial Group rose $1 and ended trading at $97, with 76,990 shares, 1834 Investments lost 5 cents, to end at $1.15, trading 18,055 shares. 
PanJam Investment rose $1.45 to $44.45 trading 2,522 stock units, Sagicor Group settled at $36.85, with 15,203 shares and Sagicor Real Estate Fund gained 99 cents to end at $15, with 6,365 shares. Scotia Group climbed $1.34 to $51.50, with 30,645 units, Seprod finished trading at $33.01, with 427 shares, Supreme Ventures fell 5 cents and ended at $11.70, with 36,109 shares, Victoria Mutual Investments concluded trading at $4.21, after slipping 4 cents with 218,181 stock units, Wisynco Group fell 9 cents and finished at $10.90, with 95,232 units. In the main market preference segment, Jamaica Money Market 7.25% ended trading at $2.55, with 500 shares and Jamaica Money Market 7.5% traded at $1.92, with 6,364 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 “JSE main market hits new record – Monday.”
JSE main market hits new record – Monday
Stocks closed at a new record high on the Jamaica Stock Exchange main market on Monday, with the JSE All Jamaican Composite Index increased by 1,415.92 points to end at a record close of 327,594.70 and the JSE Index rising 1,290.06 points to a new closing record of 298,475.80.
In the morning session the market traded in intraday record territory with the JSE All Jamaican Composite Index climbing by 2,419.83 points to 328,598.61 and the JSE Index jumping 2,204.74 points to 299,390.48.
At the close, 24 securities traded, compared to 26 on Friday and ended with the prices of 9 stocks rising, 8 falling and 7 trading firm, in the main and US dollar markets.
At the close of trading, Jamaica Producers ended with a rise of 99 cents to $16.99, JMMB Group lost $1.10 to $27.22, as some selling came into the market for the stock.
NCB Financial rose $1 to $97, PanJam Investment rose $1.45 to $44.45, Sagicor Real Estate Fund rose 99 cent to $15 and Scotia Group climbed $1.34 to $51.50.
Main market activity ended with 3,603,029 units valued at $73,318,401 compared to 6,877,671 units valued at $68,979,399 on Friday. At the close of trading only two securities traded more than 300,000 units as JMMB Group closed with 1,208,947 units changing hands and accounting for 33.55 percent of the volume traded Carreras with 1,171,484 units accounted for 32.5 percent of the day’s volume and Jamaica Broilers Group ended with 570,105 units or 15.82 percent of the volume..
Trading resulted in an average of 156,653 units valued at an average of $3,187,757 for each security traded. In contrast to 264,526 units for an average of $2,653,054 on Friday. The average for the month to date is 770,204 shares with a value of $4,361,464 and previously 807,049 shares with a value of $4,437,293. In contrast, March closed with an average of 626,526 units with an average value at $20,492,207 for each security traded.
In the US dollar market Proven Investments lost 1 cents to end at 22 US cents while trading just 1,000 shares leaving the Market index 3.78 to end at 172.17.
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 3 with a lower offers.
For more details of market activities see – New JSE record on limited volume.
New record close for JSE – Friday
Stocks closed at a new record high on the Jamaica Stock Exchange main market on Friday.
Within 95 minutes of trading in the morning session the market was trading in intraday record territory, with the JSE All Jamaican Composite Index climbing by 3,266.33 points to territory of 328,244.31 and the JSE Index jumping 2,976.00 points to 299,067.67. By the close of trading, the market failed to hold on to the big early gains, leaving the JSE All Jamaican Composite Index increasing by a more modest 1,200.80 points to a record close of 326,178.78 and the JSE Index advancing by 1,094.07 points, to a record close 297,185.74.
Kingston Wharves jumped $5 to a record close on Friday.
At the close, the indices just edged out the record close of 326,087.70 on JSE All Jamaican Composite Index on April 6 and 297,102.76 for the JSE Index.
At the close, 26 securities traded, compared to 25 on Thursday and ended with the prices of 9 stocks rising, 9 falling and 8 trading firm, in the main and US dollar markets. There was no trading in the US dollar market on Friday.
At the close of trading, Kingston Wharves rose $5 to be the major mover for the day and ended at a record high of $50, Jamaica Producers ended up 90 cents to $16, Sagicor Real Estate Fund lost 99 cents to $14.01, Scotia Group dropped $1.84 to $50.16 and Seprod lost 99 cents to $33.01.
Main market activity ended with 6,877,671 units valued at $68,979,399 compared to 2,507,681 units valued at $38,468,870 on Thursday. At the close of trading only two securities traded more than 300,000 units as Ciboney Group closed with 3,042,400 units changing hands, accounting for 44.24 percent of the volume traded and Jamaica Producers took 28.5 percent of the day’s volume with 1,958,288 units.
Trading resulted in an average of 264,526 shares valued at $2,653,054, for each security traded, compared to 108,162 shares valued at $1,672,560 on Thursday. The average for the month to date is 807,049 shares with a value of $4,437,293 and previously 846,561 shares with a value of $4,577,870. In contrast, March closed with an average of 626,526 units with an average value at $20,492,207 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ended with bids higher than their last selling prices and 4 with a lower offers.
For more details of market activities see – Kingston Wharves pushes JSE to new record.
Kingston Wharves pushes JSE to new record.
Kingston Wharves jumped $5 to a record close at $50 on Friday.
Kingston Wharves jumped $5 and ended at a record high of $50 on modest volume and helped to push the market to new highs on Friday. On Tuesday, the price jumped $5, to the then new high of $45.
Scarcity seems the main factor behind the sharp rally in so short a time frame with 94 percent of the 1.347 billion shares held by the top 10 shareholders. Kingston Wharves close trading with the bid to buy 1,400 units at $50 and no stock being offered. This stock is ideal for a split with more than the relatively high price and limited supply.
Trading levels rose on the Main Market of the Jamaica Stock Exchange on Friday but remained moderate with an average of only 264,526 shares valued at $2,653,054 each trading.
At the close 26 securities changed hands, resulting in 6,877,671 units valued at $68,979,399 trading compared to 2,507,681 units valued at $38,468,870 on Thursday.
The main market closed with 9 securities rising, 9 declining and 8 trading firm, leading to the JSE All Jamaican Composite Index increasing by 1,200.80 points to end at a record close of 326,178.78 and the JSE Index rising 1,094.07 points to a new closing record of 297,185.74.
In market activity, Barita Investments closed at $9.50, with 100,889 shares, Berger Paints ended at $19, with 101,218 stock units, Carreras concluded trading at $10.90, with 214,871 units, Caribbean Cement finished at $36.50, with 28,334 shares, Ciboney Group rose 1 cents and settled at 13 cents, trading 3,042,400 shares. Grace Kennedy ended trading at $49, with 17,235 shares, Jamaica Broilers fell 40 cents to close at $20.05, trading 4,327 stock units, Jamaica Producers climbed 90 cents and finished trading at $16, with 1,958,288 units, Jamaica Stock Exchange fell 48 cents and closed at $6.50, with 30,000 shares. JMMB Group ended at $28.32, after gaining 32 cents with 181,452 shares trading, Kingston Wharves jumped $5 and finished at $50, with an exchange of 3,200 stock units, 
Mayberry Investments settled with a gain of 5 cents at $6.05, with 72,493 units, NCB Financial Group fell 25 cents and ended trading at $96, with 79,768 shares. 1834 Investments traded with a gain of 13 cents at $1.20, with 128,014 shares, PanJam Investment climbed 60 cents and closed at $43, with 55,875 stock units, Pulse Investments concluded trading at $1.80, with 59,400 shares, Radio Jamaica rose 5 cents finished at $1.10, with 251,100 shares. Sagicor Group settled dropped 65 cents and landed at $36.85, with 14,377 shares and Sagicor Real Estate Fund lost 99 cents to settled at $14.01, with 3,000 shares changing hands. Salada Foods fell 5 cents to $11.15, with 400 stock units, Scotia Group lost $1.84 to $50.16, with 187,520 units trading, Seprod finished trading with a loss of 99 cents at $33.01, after trading 942 shares. Sterling Investments closed at $13.89, with 1,000 shares, Supreme Ventures ended at $11.75, with 19,400 shares, Victoria Mutual Investments concluded trading at $4.25, with a loss of 13 cents in exchanging 38,035 stock units and Wisynco Group rose 49 cents and finished at $10.99, with 284,133 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 “New record close for JSE – Friday.”
JSE volume jumps value falls – Thursday
Trading volumes rose but the total sum traded declined on the Main Market of the Jamaica Stock Exchange on Thursday with 4,971,238 units valued at $81,421,271 changing hands compared to 3,313,428 units valued at $132,584,977 on Wednesday.
The main market closed with just 23 securities changing hands, of which 16 rose, 4 declined and 3 traded firm leading to the JSE All Jamaican Composite Index surged 2,036.04 points to 324,977.98 and the JSE Index jumped 1,855.07 points to 296,091.67.
In market activity, Barita Investments closed at $9.50, with 2,000 shares trading, Berger Paints fell 22 cents and ended at $19, with 78,805 stock units, Carreras concluded trading at $10.90, with 363,060 units, Caribbean Cement finished at $36.50, with 18,529 shares, 
Ciboney Group rose 1 cent to close at 12 cents, with 290,000 shares. Grace Kennedy gained 51 cents and ended trading at $49, with 17,135 shares, Jamaica Broilers traded 18,625 units and gained 25 cents to close at $20.45, Jamaica Producers finished trading at $15.10, with 36,245 units but lost 60 cents in the process, Jamaica Stock Exchange closed at $6.98, with 5,500 shares. JMMB Group ended at $28, with 204,808 shares, Kingston Wharves finished at $45, trading 27,949 stock units, Mayberry Investments settled at $6, with 78,629 units, NCB Financial Group rose by 26 cents and ended trading at $96.25, with 97,448 shares. 
PanJam Investment lost 60 cents and closed at $42, with 5,000 stock units, Radio Jamaica finished with a fall of 5 cents at $1.05, exchanging 50,000 shares. Sagicor Group settled at $37.50, with 28,720 shares and Sagicor Real Estate Fund climbed 50 cents to $15, with 10,344 shares. Scotia Group traded at $52, trading 9,220 units, Seprod finished trading at $34, with 3,735 shares, Supreme Ventures ended at $11.75, with a rise of 5 cents, trading 532,107 shares, Victoria Mutual Investments gained 13 cents and concluded trading at $4.38, with 124,747 stock units and Wisynco Group finished trading at $10.50, with 477,649 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 “Big gains for JSE stocks again – Thursday.”
