All Jamaica settles above 200,000

The Jamaica Stock Exchange All Jamaica Composite index jumped by more than 2,663 points by 10 o’clock to exceed the 201,000 points mark for the first time. The index fell back to sit just above the 200,000 market with Sagicor Group falling from an opening high of $27 to $25.81 but Caribbean Cement climbed to $36 and along with a rise in the prices of Grace Kennedy and Scotia Group provided support.
ICI trd sht int -7-12-16The major contributors to the volume traded are Jamaica Producers, traded 204,882 shares at $8.72 up 70 cents, Cable & Wireless traded 183,500 shares at 80 cents, Jamaica Broilers with 203,291 shares trading at $15 and Radio Jamaica with 100,000 units at $1.40.
Market activity resulted in of 29 securities being traded compared to 24 on at Tuesday. At 10:55am 12 stocks advanced and 8 fell, resulting in a volume of 939,255 shares changing hands carrying a value of $9,669,822, compared with 1,808,925 shares changing hands carrying a value of $4,734,890, on Tuesday. The average number of shares traded, amount to 32,388 units versus mere 75,372 units on Tuesday.
The all Jamaica Composite Index jumped 1,525.20 points to 200,553.69 the Jamaica Stock Exchange Market Index climbed 1,363.82 points to 183,392.78, the Jamaica Stock Exchange combined index garnered 924.99 points to close at 194,954.47 and the junior market index dropped 33.06 points to end at 2,421.74.

All Jamaica Index rose to 199,889 – Tuesday

Jamaica Producers traded at new high on Tuesday at $9.25.

Jamaica Producers traded at new high on Tuesday at $9.25.

The all Jamaica Composite index of the Jamaica Stock Exchange went within 111 points of the 200,000 level in the morning session and having hit an intraday high of just over 199,889 points. The index closed with a marginal decline at the close of trading.
At the close the All Jamaica Composite Index slipped 31.43 points to end at 199,028.49, the index recorded gains of 18.9 percent for the year to date. The JSE Market Index lost 28.11 points to finish at 182,028.97. The JSE combined index rose 191.18 points to end at another record high of 194,029.48, with a gain for the year to date of 22.6 percent.
Trading ended with 35 securities changing hands, the prices of 17 stocks gained while 10 declined in the overall market, including 7 stocks rising and 2 falling, in the junior market. At the close with 6,289,353 units valued at $38,568,115 changed hands, compared to 11,768,589 units valued at $284,841,323 changing hands on Monday. The junior market accounted for 3,836,924 units changing hands, valued at $18,753,528 of the stocks traded.
ICI JSE sum 6-12-16 The average trade for the day in the main market ended at 106,627 shares compared to an average of 469,718 units traded on Monday with the average for the month to date being 237,896 units compared to 369,165 units for the month up to Monday. November ended with an average of 208,466 units.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 11 stocks with bids higher than their last selling prices and 6 with lower offers.
In market activity, Berger Paints gained 50 cents to close at $5.60 with 12,871 shares trading, Cable & Wireless remained firm in trading 639,564 units to close at 80 cents, Caribbean Cement fell 89 cents in trading 58,206 shares to close at $31.11, Jamaica Broilers ended trading with 12,399 units, to close at $14.90. Jamaica Producers closed with a gain of 20 cents at $8.50 with 126,466 shares changing hands, but traded at a new intraday 52 weeks’ high of $9.25. Jamaica Stock Exchange traded 16,500 shares, to end at $5.40, ICI JSE fnqts 6-12-16 Margaritaville Turks fell 2 cents with 3,200 shares trading, to close at 23 US cents.Mayberry Investments ended trading in 50,300 shares, to close at $3.88, after losing 20 cents, National Commercial Bank shed 15 cents and ended at $49.50 with 15,961 shares changing hands, Radio Jamaica rose 10 cents in trading just 1,181 units, to close at $1.40, Sagicor Group closed with 19,204 shares changing hands at $26, Scotia Group dropped $1.73, with 329,592 shares changing hands, to close at $33.27. Scotia Investments climbed 90 cents with 16,385 units changing hands, to close at $33.90, Seprod jumped $2 to end at $29 with 18,636 shares being swapped by investors, Supreme Ventures ended at $4.80 with 123,515 units changing hands and JMMB Group 7.50% preference share, closed with 972,825 units changing hands at $1.08, after gaining 2 cents.

All Jamaica 940 points shy of 200,000 milestone

Caribbean Cement jumped $4 on news of a bid to acquire majority shares in TCL by Cemex.

Caribbean Cement jumped $4 on news of a bid to acquire majority shares in TCL by Cemex.

The all Jamaica Composite index of the Jamaica Stock Exchange jumped sharply to record another closing high as the index surged nearly 2,500 points in Monday’s market activity leaving it 940 points shy of the significant 200,000 milestone as the index recorded gains of 18.9 percent for the year to date.
At the close the All Jamaica Composite Index ballooned 2,488.84 points to end at 199,059.92, the JSE Market Index climbed 2,225.47 points to finish at a record closing high of 182,057.08. The JSE combined index surged 2,164.39 points to end at another record high of 193,838.30, with a gain for the year to date of 22.5 percent.
Trading ended with 36 securities changing hands, the prices of 14 stocks gained while 9 declined in the overall market, including 7 stocks rising and 2 falling, in the junior market.
At the close with 11,768,589 units valued at $284,841,323 changed hands, compared to 7,589,638 units valued at $60,202,318 changing hands on Friday. The junior market accounted for 965,067 units changing hands, valued at $4,640,109 of the stocks traded.ICI JSE sum 5-12-16
The average trade for the day in the main market ended at 469,718 shares compared to an average of 352,582 units traded on Friday with the average for the month to date being 369,165 units and 268,613 for December to Friday, with November ending with an average of 208,466 units. IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 12 stocks with bids higher than their last selling prices and 5 with lower offers.
In market activity, Berger Paints lost 24 cents to close at $5.10 with 4,460 shares trading, Cable & Wireless rose 4 cents in trading 28,700 units to close at 80 cents, Caribbean Cement jumped $4 in trading 97,724 shares to close at $32, Grace Kennedy dropped $1.49, ended trading with 151,174 units to close at $40. Jamaica Producers closed at $8.30 with 31,128 shares changing hands, Jamaica Stock Exchange traded 143,182 shares, to end at $5.40, JMMB Group traded 230,720 units and rose 5 cents to end at $13.65,ICI JSE fnqts 5-12-16 Kingston Wharves ended trading 46,195 shares to close at $19. Margaritaville Turks rose 2 cents and ended with 8,640,000 shares trading, to close at 24.9 US cents. National Commercial Bank gained 15 cents and ended at $49.65 with 35,484 shares trading, PANJAM Investment traded 99,553 units at $23.25, after falling $1.25, Radio Jamaica lost 10 cents in trading 22,753 units to close at $1.30, Sagicor Group gained 25 cents with 51,353 shares changing hands at $26. Scotia Group jumped $1.90 with 344,599 shares changing hands to close at $35, Scotia Investments climbed 50 cents with 2,000 units changing hands to close at $33, Supreme Ventures fell 10 cents and ended at $4.80 with 10,400 units changing hands, Proven Investments traded 60,000 shares at 18.55 US cents and JMMB Group 7.50% preference share closed with 796,887 units changing hands at $1.06.

Record high of 198,821 for JSE

Stocks on the main market of the Jamaica Stock Exchange hit new all-time high in early morning trading with the All Jamaica Composite Index sitting 1,180 points away from the 200,000 points while the JSE market index sits at 181,843.
The junior market lags well below the performance of the main market with a moderate increase. Contributing to the ICI trd sht int -5-12-16steep rise in the index are strong gains in Caribbean Cement that is up $1.50 to $29.50, JMMB Group up to $14, National Commercial bank to $29.99 and Scotia Group with an average of $34.66.
Trading in the rest of the market was moderate with a total of 25 securities traded. 10 stocks advanced and 3 fell, resulting in a volume of only 387,831 shares changing hands carrying a value of just $5,004,074, compared with 1,279,786 shares changing hands carrying a value of a $31,954,967 on Friday. The average number of shares traded, amount to a mere 18,468 units versus 51,191 units on Friday.
At 11 am the all Jamaica Composite Index jumped 2,250.08 points to 198,821.16 the Jamaica Stock Exchange Market Index climbed 2,011.97 points to 181,843.58, the Jamaica Stock Exchange combined index surged 2,063.87 points to close at 193,737.78 and the junior market index dipped 19.28 points to end at 2,443.15.

Scotia Hits $35 in early trading

Scotia Group jumped to $35 with 868,827 units with 855,000 shares traded at $33, at the start of the trading session, its subsidiary Scotia Investments, traded with a gain of $3.50 to $32, with 61,417 units changing hands, ICI trd sht int -2-12-16while Lasco Financial traded 218,250 units at $3.15.
Trading in the rest of the market was moderate, with a total of 25 securities traded. 11 stocks advanced and 7 fell, resulting in a volume of 1,279,786 shares changing hands, carrying a value of a $31,954,967 compared with 2,917,036 shares changing hands carrying a value of a $16,055,511 on Thursday. The average number of shares traded, amount to 51,191 units versus 138,906 units on Thursday.
At 10:45 am the all Jamaica Composite Index jumped 791.94 points to 196,689.08 the Jamaica Stock Exchange Market Index climbed 708.14 points to 179,937.12, the Jamaica Stock Exchange combined index gained 479.40 points to close at 191,359.97 and the junior market index dipped 17.26 points to end at 2,383.79.

Record close greets December – JSE

Scotia climbs $1.27 to $33 on Thursday

Scotia climbs $1.27 to $33 on Thursday

The Jamaica Stock exchange main market, ended at a new closing high, starting the final month of the year positively. At the close, the All Jamaica Composite Index climbed 634.38 points to end at 195,897.14, a rise of 17 percent for the year to date. The gains obscure the nearly even advance decline ratio of stocks traded.
The JSE Market Index grew by 567.25 points to finish at a record closing high of 179,228.98. The JSE combined index rose 237.54 points to end at 190,880.57 with a gain for the year to date of 20.5 percent.
Trading ended with 33 securities changing hands, the prices of 11 stocks gained while 10 declined in the overall market, including 3 stocks rising and 4 falling, in the junior market.
At the close with 4,089,242 units valued at $37,502,327 changed hands, compared to 5,145,475 units valued at $84,668,693 changing hands on Wednesday. The junior market accounted for 2,955,623 units changing hands, valued at $13,246,216 of the stocks traded.
ICI JSE sum 1-12-16 The average trade for the day in the main market ended at just 56,681 shares compared to an average of 163,633 units traded on Wednesday with the average for the November ending at 208,466 units.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 9 stocks with bids higher than their last selling prices and 3 with lower offers.
In market activity, Cable & Wireless gained 5 cents in trading 64,494 units to close at 80 cents, Caribbean Cement with 4,300 shares trading closed at $28. Carreras lost 40 cents in exchanging 3,220 shares at $65.60, Grace Kennedy fell 40 cents and ended trading only 692 units at $41.60. Jamaica Broilers closed at $14.72 with 12,300 shares changing hands, Jamaica Producers traded 85,955 shares to end with a loss of 5 cents, at $8.25, Jamaica Stock Exchange traded 16,509 shares and fell 35 cents, to end at $5.20, JMMB Group traded 100,472 units at $13.63. Kingston Wharves ended trading 28,984 shares to close at $19, National Commercial Bank added 9 cents and ended at $50.10 with 112,759 shares trading,ICI JSE trds 1-12-16 PANJAM Investment traded 12,100 units at $24.32 after rising 2 cents, Portland JSX traded 13,500 units with the price losing 5 cents to $11. Radio Jamaica gained 5 cents in trading 3,930 units to close at $1.35, Sagicor Group dipped 40 cents with 330,766 shares changing hands at $25.60, Sagicor Real Estate Fund traded 7,026 units with the price ending at $10.25, while Scotia Group jumped $1.27 with 181,762 shares changing hands to close at $33. Supreme Ventures lost 15 cents and ended at $4.80 with 6,000 units changing hands and JMMB Group 7.50% preference share traded rose 5 cents to close with 133,100 units at $1.05.

JSE ends November at record close

Grace climbed $2 to end at $42 on the JSE.

Grace climbed $2 to end at $42 on the JSE.

The Jamaica Stock exchange main market ended at a new closing high to close out November with a monthly gain of 5.4 percent and 17 percent for the year to date. At the close, the All Jamaica Composite Index climbed 377.32 points to end at 195,262.76, as rising stocks equaled declining ones.
The JSE Market Index grew by 337.39 points to finish at a record closing high of 178,661.73. The JSE combined index rose 473.41 points to end at 190,643.03 with a gain for the year to date of 20 percent.
Trading ended with only 40 securities trading. The prices of 17 stocks gained while 17 declined in the overall market, including 7 stocks rising and 7 falling, in the junior market.
At the close with 5,145,475 units valued at $84,668,693 changed hands, compared to 1,218,248 units valued at a paltry $9,074,534 changing hands on Tuesday. The junior market accounted for 1,381,906 units changing hands, valued at $5,853,384 of the stocks traded.
ICI JSE sum 30-11-16 The average trade for the day in the main market ended at 163,633 shares and 208,466 units month to date. On Tuesday, an average of 16,629 units traded and for the month to date, 253,298 units, in comparison the average for the October was 220,811 units.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 17 stocks with bids higher than their last selling prices and 3 with lower offers.
In market activity, Barita Investments jumped 50 cents in trading in 113,332 shares, to end at $5.50, Berger Paints traded 205,236 shares and gained 4 cents to end at $5.34, Cable & Wireless gained 1 cent in trading 67,470 units to close at 75 cents, Caribbean Cement gained $1 with 5,600 shares trading to end at $28. Carreras rose 10 cents in exchanging 214,320 shares at $66, Ciboney had 140,000 units changing hands with a rise of 1 cent to end at 17 cents, Grace Kennedy jumped $2, and ended trading 30,048 units at $42. Jamaica Producers traded 218,801 shares to end with a loss of 5 cents at $8.25, Jamaica Stock Exchange traded 257,238 shares and rose 3 cents to end at $5.55, JMMB Group traded 5,708 units at $13.63, ICI -JSE fn Qts -30-11-16 National Commercial Bank shed 4 cents and ended at $50.01 with 5,998 shares trading. PANJAM Investment traded 44,345 units at $24.30 after losing 20 cents, Radio Jamaica held firm in trading 47,958 units to close at $1.30. Sagicor Group climbed 98 cents with 114,093 shares changing hands at a 52 weeks’ closing high of $26, Sagicor Real Estate Fund traded 4,500 units with the price slipping 1 cent to $10.25, while Scotia Group fell 27 cents with 1,388,129 shares changing hands to close at $31.73. Supreme Ventures lost 5 cents and ended at $4.95 with 19,824 units changing hands, Proven Investments closed at 18.55 US cents down from 19.5 US cents, with 373,700 shares trading and JMMB Group 7.50% preference share traded lost 7 cents to close with 485,932 units at $1.

Trading jumps for Jamaican stocks

Stocks levels surged in early trading on the Jamaica Stock Exchange, resulting in the main market indices continuing to climb while junior market index moved up marginally in early Wednesday trading.
A total of 29 securities traded of which 13 advanced and 7 fell, resulting in a volume of 2,741,520 shares changing hands carrying a value of a $49,745,268 compared with just 158,064 shares changing hands with a value of $1,132,861 on Tuesday.ICI int -30-11-16 The average number of shares traded, amount to 94,535 units versus 7,185 units on Tuesday.
At 10:45 am the all Jamaica Composite Index jumped 924.41 points to 195,809.85 the Jamaica Stock Exchange Market Index climbed 826.59 points to 179,150.93, the Jamaica Stock Exchange combined index gained 971.88 points to close at 191,141.50 and the junior market index gained 19.98 points to end at 2,433.49.
The main trades after more than an hour of the markets opening are Berger Paints with 105,236 units at $5.60, Ciboney with 140,000 shares at 17 cents, Jamaica Producers, 201,061 shares at $8.30, Jamaica Stock Exchange 48,338 units at $5.52, Scotia Group with 1,357,799 shares at $32, Proven Investments 373,700 shares at 18.55 US cents, Jetcon Corporation 112,207 shares at $5.25, Medical Disposables 76,942 units at $4.05.

Slight fall for JSE on Tuesday

Stocks The Jamaica Stock exchange main market indices temporarily broke the winning streak with minor declines on Tuesday with the All Jamaica Composite Index slipping 37.23 points to end at 194,885.44. The JSE Market Index lost 33.30 points to finish at a record closing high of 178,324.34.
The JSE combined index fell 59.59 points to end at 190,169.62 with a gain for the year to date of 20 percent. Trading ended with only 33 securities trading. The prices of 11 stocks gained while 7 declined in the overall market, including 3 stocks rising and 3 falling, in the junior market.
At the close with 1,218,248 units valued at $9,074,534 changed hands, compared to 4,243,795 units valued at $24,651,644 changing hands on Monday. The junior market accounted for 918,920 units changing hands, valued at $5,225,495 of the stocks traded.
ICI JSE sum 29-11-16 The average trade for the day in the main market ended at 16,629 shares and 253,298 units month to date. On Monday, an average of 31,898 units traded and for the month to date, 489,966 units, in comparison the average for the October was 220,811 units.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 14 stocks with bids higher than their last selling prices and 5 with lower offers.
In market activity, Barita Investments had trading in 16,200 shares, to end at $5, Cable & Wireless rose by 3 cents in trading 38,352 units to close at 74 cents, Grace Kennedy dropped $2 and ended trading 45,489 units at $40. Jamaica Broilers closed at $14.90 with 4,634 shares changing hands,ICI -JSE fn Qts -29-11-16 Jamaica Producers traded 8,363 shares to end at $8.30, Jamaica Stock Exchange traded 106,532 shares and rose 1 cent to end at $5.52, Mayberry Investments traded 4,500 shares to close at $3.66. National Commercial Bank gained 5 cents and ended at $50.05 with 4,788 shares trading, PANJAM Investment traded 5,514 units at $24.50 after gaining 50 cents, Radio Jamaica lost 5 cents in trading 5,042 units to close at $1.30. Sagicor Real Estate Fund traded 12,048 units with the price rising 1 cent to $10.26 and Scotia Group rose 29 cents with 16,400 shares changing hands to close at $32.

Another record close for JSE

Grace Kennedy traded more than 28 million shares on the JSE on Friday.

Grace Kennedy traded more than 28 million shares on the JSE on Friday.

The Jamaica Stock exchange main market indices along with the combined index closed at yet another record, with the All Jamaica Composite Index rising 965.37 points to end at a closing high of 194,392.10. The JSE Market Index gained 863.21 points to finish at a new closing high of 177,883.21.
The JSE combined index climbed 1,085.80 points to end at a record closing high of 189,896.49 with a gain for the year to date of 20 percent.
The Jamaica Stock Exchange closed trading with 41 securities trading as the prices of 19 gained while 8 declined in the overall market, including 7 stocks rising and 3 falling, in the junior market.
At the close with 43,666,008 units valued at $1,467,261,444 changed hands, compared to 6,296,810 units valued at $50,570,213 changing hands on Thursday. The junior market accounted for 175,408 units changing hands, valued at $782,192 of the stocks traded.
The average trade for the day in the main market ended at 1,672,696 and 948,034 units month to date. On Thursday, an average of 188,585 units traded and for the month to date, 2523,372 units, in comparison the average for the October was 220,811 units.
ICI JSE sum 25-11-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 8 stocks with bids higher than their last selling prices and 3 with lower offers.
In market activity, Barita traded 58,534 shares, to end at $5.10, Berger Paints traded 3,100 units at $5.60, Cable & Wireless gained 9 cent to close at 80 cents, with 197,639 units trading, Caribbean Cement lost $1 in exchanging 12,030 shares at $27. Carreras lost 10 cents in exchanging 18,870 shares at $65.90. Trading in Ciboney shares resulted in a gain of 2 cents to close with 40,000 units changing hands at 20 cents, Grace Kennedy rose $1.87 and ended trading 28,422,521 units at $41.97, Jamaica Broilers rose 30 cents and closed at $14.90 with 38,575 shares changing hands, Jamaica Producers lost 32 cents and closed at $8.30 with 574,795 shares changing owners. Jamaica Stock Exchange traded 217,496 shares and rose 2 cents to end at $5.52, JMMB Group closed trading with 40,600 shares to end at $13.69, Kingston Wharves gained 20 cents in trading 99,659 shares to close at $19, Mayberry Investments traded 10,000 shares to close at $3.66, National Commercial Bank gained $1 and ended at $51 with 3,158,556 shares trading. ICI -JSE fn Qts -25-11-16138 Student Living ordinary share traded at $5 with 60,400 units changing hands, PAN JAM Investment traded 15,925 shares to end at $24, Pulse Investments traded 25,000 shares after gaining 10 cents to end at $4, Radio Jamaica traded 130,200 units but lost 5 cents to close at $1.35, Sagicor Group had 67,480 shares changing hands to close at $25.50. Sagicor Real Estate Fund traded 2,660 units with the price falling 28 cents to $10.25. Scotia Group traded 697,692 shares to close with a gain of 15 cents at $31.71, Seprod traded 1,646,200 units to close with a rise of $1.09 at $26.99 and Supreme Ventures lost 10 cents and closed at $4.70 with 7,946,940 shares changing hands.