Trading on the Jamaica Stock Market closed on Wednesday with 12 stocks rising, 8 declining as 29 securities changed hands with 6,830,260 units trading, valued at $85,544,632, in all market segments.
At the close, the JSE Market Index gained 122.39 points to 98,333.57, the JSE All Jamaican Composite index increased 136.80 points to close at 108,849.45 and the JSE combined index added 361.61 points to end at 100,639.26.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator showed a reading of 6 stocks with bids higher than their last selling prices and 2 with offers that were lower.
In trading, Cable and Wireless ended with 50,000 units changing hands at 41 cents, Caribbean Cement lost 75 cents to close at $7.45 with 13,880 shares trading, Carreras gained just 1 cent with 41,680 units trading to close at $50.26, Desnoes & Geddes traded 87,739 shares with a 20 cents fall to $6.80. Gleaner traded unchanged at $1.30 with 123,656 shares changing hands, Grace Kennedy traded just 1,100 shares to gain 99 cents to $64, Jamaica Broilers had 1,424,572 shares changing hands at $5.67 for a 5 cents gain, Jamaica Producers gained 30 cents to close at $18.80 with 10,000 units changing hands. JMMB Group traded 835,324 units to end unchanged at $7.50, Mayberry Investments traded at $2.75 with 
a fall of 25 cents, with 520,277 units, National Commercial Bank had only 12,940 shares trading, but gained 5 cents to $29.55. Pan Jamaican Investments closed at $61 after adding 95 cents to the price, with 581,167 shares, changing hands valued $36 million, Proven Investments had 81,763 shares trading at 20 US cents, Sagicor Group ended trading with 908,500 units at $13. Scotia Group traded 532,374 units to end 3 cents lower at $24.07, traded 20,812 units, 20 cents higher at $26.80, Seprod traded 15,045 shares lost 10 cents lower at $14.90 and Supreme Ventures with 26,000 shares traded at $3.60 for a rise of 25 cents.
12 stocks rose on JSE on Wednesday
Some big Buy Rated gains more ahead
Hardware & Lumber with its Rapid True Value retail arm gained 265% since place on BUY RATED list
Blue Power is now removed based on flat sales for the year to April and no immediate signs of a pickup. Dolphin Cove that was added in May last year and gained 48 percent is being moved to hold as revenues in the other half of the year to December is unlikely to grow to justify market out performance. The company had only a 6 percent increase in first quarter revenues down from 13 percent in 2014 and profit fell 10 percent to $133 million. Hardware and Lumber with buy out talks to acquire majority ownership with a maximum price of $18.50 and Scotia Investments are shifted to hold while JMM Group is moved from Buy Rated to Watch or accumulate based on the current price of $7.50.
As much as stocks with high gains may be view as already providing rich returns, there are much more gains left to be made. Carib Cement should report earnings in the $1 region this year with reduced cost, increased sales and the future should be even brighter as the local economy moves slowly into growth and lower interest rates will help boost building construction. Caribbean Cream has more than doubled this year in price but with lower input cost and increased sales should earn around 60 cents per share this year, at the present price of $1.60, there is room for growth.
Jamaica Stock Exchange has had a phenomenal run this year with increased revenues and profit. Profit this year could reach $1.20 which should lift the stock some more and 2016 could be an even bigger year for it. Paramount Trading at $6 is still about 50 percent undervalued based on 2015 earnings and even more based on 2016 projected earnings. Lasco Manufacturing is yet to deliver in price movement but the 78 percent jump in the March quarter profits is a development that investors should be paying attention to.Over in Trinidad, investors keep on ignoring Trinidad Cement but they should not, even with the 190 percent gain in the stock price. IC Insider sees higher profits flowing from increased sales, cost reduction including interest cost on loans. National Flour which we added in May is now up 21 percent still has more room to grow. The Trinidad market is likely to experience slow growth this year as such, many of the listings may not deliver much in the short term but investors should keep their eyes on Scotiabank that produced a nice lift in second quarter profits.
17 stocks rose 6 declined
Activity on the Jamaica Stock Exchange ended with 17 stocks rising, 6 declining as 28 securities changed hands and ending in 1,670,491 units trading, valued at $31,272,240 and 4 stocks closed at 52 weeks’ high in all market segments. The main market closed with 12 stocks advancing to 4 falling.
The JSE Market Index gained 616.53 points to 97,666.95, the JSE All Jamaican Composite index rose 689.12 points to close at 108,104.34 but the JSE combined index added 631.68 points to end at 100,236.87.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator was showing a worse reading than Thursday’s close of 12 to 5. The reading at the end of Friday’s trading is 7 stocks with bids higher than their last selling prices and 6 with offers that were lower as the market continues to swing between ups and down.
In trading, Carreras put on $2.23 while trading 1,000 shares to close at $50.50, Gleaner ended with 13,000 shares changing hands to gain 12 cents for a 52 weeks’ high of $1.19, Jamaica Broilers gained 50 cents in trading 7,605 units to end at $6, JMMB Group added 10 cents in trading 219,702 shares and ended at $7.50.
Kingston Wharves climbed 15 cents to $7.15 with 14,071 shares, Montego Bay Ice has not traded in more than two years finally traded today but lost $2.95 to end at $15 while 1,560 shares traded to end at a 52 weeks low. National Commercial Bank rose 40 cents while trading 137,540 shares to close at $29.40, Proven Investments traded 132,278 share to close at 19 US cents, Sagicor Group inched up 9 cents with 105,691 units trading, to end at $12.70, Sagicor Real Estate Fund saw trading in 101,000 units but lost 30 cents in closing at $7.70 and Scotia Investments climbed $1 to $28.50 with 677,500 units, most of the stock traded at $2.
Scotia Group tops trading on Thursday
Scotia Group accounted for 79% of shares traded in main market
The JSE Market Index lost 264.93 points to 97,050.42, the JSE All Jamaican Composite index declining by 296.12 points to close at 107,415.22 but the JSE combined index declined 377.15 points to end at 99,605.19.
IC bid-offer Indicator| At the end of trading,
in the main and junior markets, the Investor’s Choice bid-offer indicator was showing a better reading than Wednesday’s close of 9 to 8, with Thursday’s reading of 12 stocks with bids higher than their last selling prices and 5 with offers that were lower.In trading, Caribbean Cement closed with 48,780 shares changing hands at $5.45 after slipping 5 cents, Carreras put on 2 cents while trading 26,534 shares at $48.37, Gleaner ended with 30,000 shares changing hands but lost 1 cent to close at $1.07, Grace Kennedy gained 45 cents with only 2,040 units changing hands at $63.95. Hardware and Lumber fell 50 cents to $17.50 with 1,500 shares changing hands, Jamaica Broilers lost 50 cents in trading 1,497 units to end at $5.50,
Jamaica Stock Exchange dropped 46 cents in trading 5,400 shares and ended at $6.35. At the close Stocks and Securities offered 982,465 units for sale at $6.80, Kingston Properties climbed $1 to $8 with 2,705 shares, National Commercial Bank rose 10 cents in trading 25,224 shares to close at $29.10, Sagicor Group fell 24 cents with 28,533 units trading to end at $12.61, Scotia Group had 1,419,099 units trading at $23.50, Scotia Investments fell by $2.35 to $27.50 with only 4,217 units. Jamaica Money Market Brokers 8.75% preference share traded 56,983 units at a loss of 1 cent at $2.98 and Proven Investments 8% preference share ended with 42,500 units trading unchanged at $5.
JSE poised to rise on Wednesday
Activity on the Jamaica Stock Exchange picked up with one of the better trading days in terms of the number of securities being active. At the close there were 14 stocks rising, 8 declining as 39 securities changed hands, including 4 that closed at new 52 weeks’ high and ending in 4,671,007 units trading, valued at $73,832,092, in all market segments.
The changes in the market indices were very small with the JSE Market Index gaining just 13.43 points to 97,452.41, theJSE All Jamaican Composite index rising by 15.01 points to close at 107,864.54 but the JSE combined index declined by 4.07 points to end at 100,255.47.
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 just 3 with offers that were lower, a suggestion that advancing stocks should have the upper hand again on Wednesday.
In trading, Cable & Wireless closed with 1,149,216 units trading to end at 45 cents, Carreras traded 321,462 shares and gained $2.19 to end at $50.50, Desnoes & Geddes gained 44 cents in trading 733,245 shares to close at $8. Gleaner ended with 108,114 shares changing hands but lost 8 cents at the close, Grace Kennedy had 26,700 units changing hands and put on 64 cents to $64, Jamaica Broilers gained 55 cents while trading 8,410 units to end at $6. JMMB Group ended with 20,085 shares trading unchanged at $7.50, Kingston Wharves put on 30 cents in closing at $7 having traded just 2,900 units. Mayberry Investments traded 252,867 shares to close at $2.60 after shedding 30 cents, National Commercial Bank lost 44 cents in trading 1,008,211 shares at $29.01 at the end. 
138 Student Living regained the 40 cents it lost recently to close at $4.40 with 20,000 units changing hands, Pan Jamaican dropped $2.70 with 59,230 units to close at $60.80, Proven Investments traded 305,252 shares between 22 US cents and the closing price of 19.01 US cents, for a slight gain at the end. Radio Jamaica closed with a gain of 30 cents to a new 52 weeks’ high of $3.50 with just 4,214 shares changing hands, Sagicor Group was up 55 cents with 191,448 units trading to end at $12.95, Sagicor Real Estate X Fund closed 1 cent higher at a new high of $8.01 after 4,000 shares were exchanged. Scotia Group had 95,808 units trading 10 cents higher at $23.25 and Scotia Investments traded 15,000 shares at $29.85 at the close.
Falling prices dominate with 15 down
Carreras dominated with $64.8M in value
TheJSE Market Index lost just 3.39 points to 96,596.51, the JSE All Jamaican Composite index fell 3.79 points to close at 108,907.87 and the JSE combined index gained 28.63 points to end at 99,293.77.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 19 stocks with bids higher than
their last selling prices and 7 with offers that were lower, an indication that the number of stocks likely to gain on Wednesday should outnumber the ones declining.In trading, Cable & Wireless put on 2 cents with 431,297 units changing hands to close at 46 cents. Caribbean Cement rose 1 cent while trading 121,350 shares at $5, Carreras gained 28 cents in trading 1,341,078 to end at $48.35, with NCB Capital Market s being the main broker selling and Sagicor Investments the main broker buying. Grace Kennedy suffered a decline by 40 cents with 8,919 shares changing hands at $63.50, Hardware & Lumber traded 50,000 shares at $18, with just one trade. Jamaica Broilers slipped 30 cents with 23,654 shares trading to close at $5.20, followed by Kingston Wharves that fell 15 cents to $6.40 with only 725 units trading,
National Commercial Bank traded 528,170 units to close at $29.46 down from the last traded on Monday of $30, as the price slipped 54 cents. Sagicor Group fell 30 cents to $12.30 with 94,210 shares changing hands. The price of Sagicor Real Estate Fund rose 10 cents, with 42,375 shares changing hands, to end at $7.70. Scotia Investments fell 72 cents as 25,291 shares traded to close at $26.28 and Proven Investments traded 595,502 shares at 21 US cents, down from 21.05 US cents on Monday, after 467,745 units were traded in the morning session, at 22 US cents.
Ansa McAl closes at new high
Ansa closed at a 52 weeks’ high on Thursday
At the close of the market, the Composite Index rose 0.47 points to close at 1,162.20, the All T&T Index fell by just 0.01 points to close at 1,970.57 and the Cross Listed Index gained 0.13 points to end at 46.44.
Gains| Stocks increasing in price at the close are, Ansa McAl trading 2,660 shares valued at $178,433, closed at a 52 weeks’ high, with a gain of 1 cent at $67.08. One Caribbean Media with 935 shares changing hands, gained 3 cents, to close at $22.45, Sagicor Financial contributed 36,115 shares with a value of $225,108 and gained 19 cents, to close at $6.25 and West Indian Tobacco traded just 82 shares and closed 1 cent higher at $125.34.
Declines| The stocks declining at the end of trading are, Republic Bank fell 3 cents to close at $114.97 and Scotia Investments with 2,540 shares traded and closed down 2 cents to $1.45.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, a total of 47,962 Clico Investment Fund shares changed hands, for a value of $1,042,643 and closed at $22.55, First Citizens Bank traded 2,110 shares to close at $35.81, Grace Kennedy with a volume of 100,000 shares trading for $353,000, ended at $3.53. Massy Holdings traded 18,436 shares valued at $1,186,356 to close at $64.35, National Commercial Bank was the volume leader with 303,396 shares changing hands for a value of $546,113 to end at $1.80, National Flour Mills added 20,298 shares to close at $2 and Praetorian Property Mutual Fund closed with 2,000 units trading to close at $3.10.IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator shows 1 stock with the bid higher than the last selling price and 2 stocks with offers that were lower.
138 Student Living big trades
138 Student Living ordinary share closed at a new low of $4
On a day the junior market reached a new all-time high with 7 stocks advancing and none losing, with 4 stocks closing at new highs, the main market slipped, with only 3 stocks advancing with all losses coming from this market. The markets closed with the prices of 10 stocks rising, 11 declining as 31 securities changed hands, ending in 28,982,879 units trading, valued at $131,346,625, and 7 new 52 weeks’ highs and 1 new low, in all market segments
TheJSE Market Index lost 310.43 points to 97,890.06, the JSE All Jamaican Composite index fell 346.98 points to close at and the 108,353.72 JSE combined index dropped 220.38 points to end at 100,762.69.IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 9 stocks with bids higher than their last selling prices and 8 with offers that were lower. The junior market that recorded all gains showed weakness at the end with 5 stocks closing with lower offers than the last sale and only 2 with bids that were higher.
Stocks trading include, Cable & Wireless with 645,332 shares changing hands with a loss of 1 cent to close at 44 cents. Desnoes & Geddes closing with 870,000 stock units trading at $8, Grace Kennedy had 10,000 shares changing hands at $63.90 to lose 1 cent, Hardware & Lumber closed with 7,147 shares trading to end with a gain of $1 at a new 52 weeks’ high of $19. Investors continue to react to Jamaica Stock Exchange big jump in profits and announcement of a 53 cents dividend as they snapped up the 50,000 stock units on sale and still wanted more with bids at $6.00 to $6.55 to buy 162,000 units. The stock gained 25 cents for the day and closed at $6. JMMB Group saw 179,100 shares trading, to close at $7.26, down 24 cents, 138 Student Living traded 12,202,200 stock units and lost 40 cents to end at $4.
Sagicor Group had 16,457 shares trading with a gain of 24 cents to end at a new 52 weeks’ high of $12.30, the stock closed with a bid of $13.20 to buy 1,000 shares, posted at 12:24 pm on Wednesday. Sagicor Real Estate Fund traded 63,800 stock units at $7.60, Scotia Group had 31,000 shares trading, to close with a 10 cents loss at $24.40, Scotia Investments fell $3.57 with 6,300 stock units trading, to end at $26.28. Seprod lost 50 cents with 6,888 shares trading, to close at $15.49, Proven Investments traded 229,035 stock units at 21 US cents, Jamaica Money Market Brokers 7.50% preference share trading 1,401,000 units at $2.03 while 138 Student Living preference share traded 12,000,000 units at $5 and Proven Investments 8% preference share traded 42,955 units at $5.
Rising stocks outnumber decliners
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.