JSE majors rise on modest volume – Monday

July 11, 2016 by

Kingston Wharves traded at a new high of $16.50 on Monday.

Kingston Wharves traded at a new high of $16.50 on Monday.

Trading in Jamaica Stock Exchange resulted in new 52 weeks’ highs being reached, with Kingston Wharves trading 33,259 units at a closing high of $16.35 with a rise of 35 cents, after trading as high as $16.50 in the morning session. Jamaica Producers closed at $7.95 with a rise of 4 cents after hitting an intraday high of $8.20 with 5,721 shares traded. The stock price now reflects the bonus issue of five new shares effective as of Friday last.
The market closed another day of moderate trading, with just 7,251,095 units valued at $26,482,201 changing hands, in all market segments. The junior market accounted for 2,230,238 valued at $6,146,551, of all trades while Jamaica Money Market Brokers 7.50% preference share accounted for 2,887,125 at $2.10.
A total of 49 securities traded, 12 more than on Friday, with the prices of 21 stocks rising, 17 declining, including 8 stocks rising and 6 declining from the junior market as the market continues to consolidate while waiting for fresh and important news to move the market out of the narrow range its been traded.
The JSE Market Index climbed 275.55 points to end at 159,372.46. The all Jamaica Composite Index rose 308.17 points to close at 177,068.47 and the JSE combined index rose 533.38 points, to end at 168,685.93.
ICI JSE sum 11-07-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 8 stocks with bids higher than their last selling prices and 7 with lower offers.
At the end of market activities, Barita Investments traded 201,710 units but lost 1 cents to close at $2.99, Cable & Wireless rose by 3 cents while trading 1,161,868 shares to close at $1.13, Caribbean Cement traded 5,912 shares and fell 80 cents to close at $22.20, Carreras gained 45 cents in trading 3,575 shares to close at $66.45. 1834 Investments traded 6,564 shares after rising 5 cents to close at $1.19, Grace Kennedy fell 50 cents to close at $119.50 with 8,396 units changing hands. Jamaica Broilers ended with 444,855 units changing hands with a loss of 10 cents to close at $14.90, Jamaica Stock Exchange traded 28,748 shares at $21.35 with a gain of 2 cents, JMMB Group traded 31,000 units but lost 28 cents to end at $9.72, National Commercial Bank ended with 10,166 units changing hands at $42. Pan Jamaican Investment Trust traded 4,365 shares to close at $24.30 after gaining 30 cents, IN-JSE fn Qts 11-07-16Portland JSX fell 51 cents and ended with 70,533 shares changing hands at a new closing high of $13.49. Pulse Investments traded 30,877 shares with a loss of 4 cents at $2.50, Radio Jamaica traded at $1.59 after 26,338 shares changed hands, with a 1 cent loss, Sagicor Group ended with 32,339 shares changing hands, the price jumped 60 cents to end at $23.65. Sagicor Real Estate Fund traded 17,845 shares to close at $10.12, Scotia Group gained 19 cents with 624 shares trading, to close at $30.21, Scotia Investments climbed $1 and ended with 5.700 shares trading, to close at $26, while Supreme Ventures accounted for only 2,600 units but lost 20 cents to end at $4.30.

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Big drop in JSE indices on Friday

July 8, 2016 by

Jamaica Producers traded on Friday with the new issued shares resulting from a 5 for 1 bonus.

Jamaica Producers traded on Friday with the new issued shares resulting from a 5 for 1 bonus.

Trading in Jamaica Producers Group shares now reflects the bonus issue of five new shares thus reducing the last traded price from $49 to $8.17 on Friday. The stock traded 11,600 units but lost 26 cents to end at $7.91 on another day of moderate trading, with just 2,859,884 units valued at $33,458,307 changing hands, in all market segments. The junior market accounted for 508,544 valued at $2,291,057, of all trades.
A total of 37 securities traded, 10 more than on Thursday, with the prices of 15 stocks rising, 10 declining, including 7 stocks rising and 3 declining from the junior market as the market continues to consolidate while waiting for news to break out.
ICI JSE sum 08-07-16The JSE Market Index dropped 1,772.60 points to end at 159,096.91. The all Jamaica Composite Index dived 1,982.38 points to close at 176,760.30 and the JSE combined index sank 1,923.60 points, to end at 168,152.55.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 12 stocks with bids higher than their last selling prices and 4 with lower offers.
At the end of market activities, Cable & Wireless fell by 5 cents while trading 250,000 shares to close at $1.10, Caribbean Cement traded 30,716 shares and rose 87 cents to close at $23, Carreras gained $1.20 in trading 8,286 shares to close at $66, Ciboney traded 113,500 shares at 21 cents. 1834 Investments traded 100,000 shares after rising 12 cents to close at $1.14, Grace Kennedy closed at $120 with 3,722 units changing hands. Jamaica Broilers ended with 248,621 units changing hands to close at $15, Kingston Wharves traded 33,259 units to close at $16, National Commercial Bank ended with 118,898 units changing hands at $42. Pan Jamaican Investment Trust traded 475,746 shares to close at $24, Portland JSX gained $1 and ended with 50,950 shares changing hands at a new closing high of $14. IN-JSE fn Qts 08-07-16Radio Jamaica traded at $1.60 after 48,727 shares changed hands, with a 10 cents gain, but the stock was offered at $1.58 at the close. Sagicor Group ended with 39,904 shares changing hands, the price fell 45 cents to end at $23.05. Sagicor Real Estate Fund traded 454,950 shares and rose 2 cents to close at $10.12, Scotia Group fell 38 cents with 41,975 shares trading, to close at $30.02, Scotia Investments dropped $1 and ended with 2,000 shares trading, to close at $25, while Supreme Ventures accounted for 54,005 units to end at $4.50. JMMB Group 7.5% preference share traded 200,000 units to close with a gain of 1 cent at $1.05 and Jamaica Money Market Brokers 7.5% preference share traded 61,809 units to close with a loss of 1 cent at $2.09.

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JSE majors surge on Thursday

July 7, 2016 by

Supreme Ventures traded the most shares on Thursday with 4.6m units

Supreme Ventures traded the most shares on Thursday with 4.6m units

Trading on the Jamaica stock market on Thursday remained modest, with just 5,903,834 units valued at $35,112,994 changing hands in all market segments but the all Jamaica Composite Index surged 1,199.46 points, recovering all of Wednesday’s decline but is still off from the close on Friday last.
The junior market accounted for 472,148 shares valued at $2,592,609, of all trades while Supreme Ventures accounted for 4,611,492 units as the price slipped 1 cent to end at $4.50.
A total of only 27 securities traded, 6 less than on Wednesday, with the prices of 10 stocks rising, 13 declining, including 4 stocks rising and 5 declining from the junior market. Notwithstanding the market movements for the past week, the market continues to consolidate while waiting for news to break out.
The JSE Market Index jumped 1,072.53 points to end at 160,869.51. The all Jamaica Composite Index surged 1,199.46 points to close at 178,742.68 and the JSE combined index eased 37.74 points, to end at 170,076.15.
ICI JSE sum 07-07-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 13 stocks with bids higher than their last selling prices and 3 with lower offers.
At the end of market activities, Cable & Wireless fell by 2 cents while trading 127,068 shares to close at $1.15, Carreras traded 5,205 shares but fell 20 cents to $64.80, Ciboney traded 31,500 shares at 21 cents. 1834 Investments traded 86,414 shares after rising by 2 cents to close at $1.02, Grace Kennedy dropped $3 and closed at $120 with 9,392 units changing hands. Jamaica Broilers ended with 6,808 units changing hands to close at $15, Jamaica Stock Exchange traded 1,000 shares and gained 33 cents to close at $21.33, IN-JSE fn Qts 07-07-16Mayberry Investments traded 200,612 units and fell 1 cent to close at $3.50, National Commercial Bank ended with 17,708 units changing hands at $42. Pan Jamaican Investment Trust traded 4,096 shares to close at $24, Portland JSX gained 45 cents and ended with 69,949 shares changing hands at a new closing high of $13, after it traded as high as $13.50. Radio Jamaica traded at $1.50 after 15,717 shares changed hands with a 5 cents gain, Sagicor Group ended with 12,780 shares changing hands, the price rose 45 cents to end at $23.50. Sagicor Real Estate Fund traded 22,800 shares and lost 2 cents to close at $10.10, Scotia Group fell 10 cents with 189,000 shares trading to close at $30.40 and Scotia Investments ended with 15,700 shares trading to close at $26.

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JSE takes another hit- Wednesday

July 6, 2016 by

Port JSX The latest IPO, Portland JSX was listed at the start of trading after a successful public offering that saw the offer being oversubscribed. The stock opened with a bid to buy 30,000 shares for $1 more than the IPO price of $11 at $12 and later traded 8,500 units to end at $12.55 after it started trading at $12.05. The gain hardly did much to the market overall as the day closed with all major indices down.
Trading on the Jamaica stock market on Wednesday remained modest, with just 2,706,984 units valued at $46,242,560 changing hands in all market segments. The junior market accounted for 777,300 shares valued at $4,030,252, of all trades. All market indices lost ground as stocks declining were slightly ahead the ones rising.
A total of 33 securities traded 6 less than on Tuesday, with the prices of 10 stocks rising, 13 declining, including 4 stocks rising and 5 declining from the junior market. Notwithstanding the decline over the past few days, the market continues in a consolidating mode, with the indices rising and falling from day to day, with no new information to cause a break out.
The JSE Market Index dropped 912.73 points to end at 159,796.98. The all Jamaica Composite Index plunged 1,020.75 points to close at 177,543.22 and the JSE combined index dived 1,430.24 points, to end at 170,113.89.
ICI JSE sum 06-07-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 10 stocks with bids higher than their last selling prices and 4 with lower offers.
At the end of market activities, Berger Paints traded 36,539 shares unchanged at $4.50, Cable & Wireless recovered 7 cents while trading 32,000 shares to close at $1.17, Caribbean Cement dropped $3 to close at $22 with 33,722 shares trading, Carreras traded 167,915 shares but fell 40 cents to $65, Ciboney traded 28,000 shares at 21 cents. Grace Kennedy gained $2.50 and closed at $123 with 20,869 units changing hands, Jamaica Broilers ended with 7,567 units changing hands to close at $15, Jamaica Producers traded 4,431 units to end at $49, Jamaica Stock Exchange traded 22,596 shares but fell $3 to close at $21, IN-JSE fn Qts 06-07-16JMMB Group traded 39,505 units and rose 1 cent to end at $9.73. Kingston Wharves traded 4,160 units and gained 99 cents to close at $16 as supply dries up on the stock, National Commercial Bank ended with 46,492 units changing hands at $42. Pan Jamaican Investment Trust lost $1.48 in trading 23,152 shares to close at $24, Sagicor Group ended with 6,055 shares changing hands at $23.05. Sagicor Real Estate Fund traded 906,595 shares to close at $10.12, Scotia Group fell 50 cents with 360,016 shares trading to close at $30.50, Sterling Investments ended with 14,000 shares trading to close with a fall of $1.49 at $11.50. Supreme Ventures lost 49 cents and ended at $4.51 while trading 7,200 units and Proven Investments traded 156,000 units to close at 16.49 US cents, up from 16 US cents.

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14 up 13 down on JSE – Tuesday

July 5, 2016 by

Exchange place Trading on the Jamaica stock market on Tuesday remains modest, with just 2,299,731 units valued at $26,990,419 in all market segments changing hands. The junior market accounted for 626,581 shares valued at $2,868,043 of all trades. All market indices lost ground as stocks declining were almost equal to the ones rising.
A total of 39 securities traded 3 more than on Monday, with the prices of 14 stocks rising, 13 declining, including 3 stocks rising and 8 declining from the junior market. The market is in a consolidating mode with the indices rising and falling from day to day, with no new information to cause a break out.
The JSE Market Index dropped 400.51 points to end at 160,709.71.The all Jamaica Composite Index declined 447.93 points to close at 178,563.97 and the JSE combined index fell 538.83 points, to end at 171,544.13.
ICI JSE sum 05-07-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 11 stocks with bids higher than their last selling prices and 9 with lower offers. At the end of market activities, Cable & Wireless lost 10 cents trading 202,701 shares to close at $1.10, Caribbean Cement gained $1 to close at $25 but with just 290 shares trading, Carreras traded a mere 650 shares but gained 60 cents to $65.40, Ciboney traded 35,000 shares at 21 cents, 1834 Investments traded 31,000 shares to close at $1. Grace Kennedy gained 50 cents and closed at $120.50 with 7,280 units changing hands, Jamaica Broilers ended with 92,592 units changing hands and gained 20 cents to close at $15 as the company released audited accounts showing earnings per share of $1.44, up from 86 cents as the Jamaican operations saw a surge in segment profits of nearly $1 billion. Jamaica Producers traded 6,950 units after rising 90 cents to end at $49, Jamaica Stock Exchange traded 28,804 shares but fell $1.10 to close at $24, Kingston Wharves traded 2,907 units and gained 45 cents to close at $15.01, Margaritaville Turks traded 164,600 shares at 20.5 US cents up from 19 US cents on Monday. Mayberry Investments closed with 15,000 shares changing hands at $3.56, for a gain of 1 cent, National Commercial Bank ended with just 2,936 units changing hands with a rise of 10 cents to $42. IN-JSE fn Qts 05-07-16Pan Jamaican Investment Trust rose 47 cents in trading 7,185 shares to close at $25.48, Radio Jamaica fell 20 cents to close with 38,074 shares changing hands at $1.45, Sagicor Group ended with 212,900 shares changing hands at $23.05, Sagicor Real Estate Fund traded 903,896 shares but lost 3 cents to close at $10.12. Scotia Group fell $1 with 2,792 shares trading to close at $31, Scotia Investments ended with 49,334 shares trading to close at $26, Seprod held firm at $16.60 while trading 5,000 units. Proven Investments traded 17,950 units to close at 16 US cents, down from 16.99 US cents and JMMB Group 7.25% preference share traded 15,000 units to close with a fall of 30 cents at $2.15.

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JSE down in moderate trading

July 4, 2016 by

JSE build Trading on the Jamaica stock market on Monday continues to be modest, with 3,391,899 units valued at $45,816,950 in all market segments changing hands. All market indices lost ground as more stocks declined than rose. A total of 36 securities traded with the prices of 11 stocks rising, 15 fell, including 3 stocks rising and 8 declining from the junior market.
The junior market accounted for 626,581 shares valued at $2,868,043 of all trades.
The JSE Market Index dropped 392.24 points to end at 161,110.22. The all Jamaica Composite Index declined 438.67 points to close at 179,011.90 and the JSE combined index fell 455.71 points, to end at 172,082.96.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 17 stocks with bids higher than their last selling prices and 8 with lower offers.
ICI JSE sum 04-07-16At the end of market activities, Berger Paints gained 15 cents and ended at $4.50 while trading 104,073 units, Cable & Wireless traded 62,432 shares traded to close at $1.20, after gaining 2 cents, Caribbean Cement dropped $1 to close at $24 after trading 3,000 units. Carreras traded 128,030 shares but slipped 20 cents to $64.60, while 1834 Investments traded 363,105 shares to close at $1, Grace Kennedy lost $3 and closed at $120 with 8,491 units changing hands. Jamaica Broilers ended with 372,057 units changing hands and gained 20 cents to close at $15 as the company released audited accounts showing earnings per share of $1.44, up from 86 cents as the Jamaican operations saw a surge in segment profits of nearly $1 billion. Jamaica Producers traded 3,630 units after rising 10 cents to end at $48.10, Jamaica Stock Exchange traded 8,160 shares at $25.10, JMMB Group traded 27,985 units to close at $9.72. Kingston Wharves traded 3,222 units and gained 46 cents to close at $14.56, Mayberry Investments closed with 7,500 shares changing hands at $3.55, to record a gain of 3 cents, National Commercial Bank ended with 183,554 units changing hands with a fall of 10 cents to $41.90. IN-JSE fn Qts 04-07-16Pan Jamaican Investment Trust dipped 49 cents in trading 216,417 shares to close at $25.01, Radio Jamaica fell 5 cents to close with 104,000 shares changing hands at $1.65, Sagicor Group ended with 187,634 shares changing hands at $23.05, Scotia Group rose 70 cents with 264,308 shares trading to close at $32, the stock traded as high as $32.60. Seprod lost 50 cents while trading 90,850 units, to end at $16.60, Supreme Ventures traded 14,840 units and gained 15 cents to close at $4.69, Proven Investments traded 260,600 units to close at 17 US cents but after hitting a 52 weeks’ low of 15 US cents and JMMB Group 7.5% preference share traded 126,340 shares to close at $1.04.

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Big JSE jump to start July

July 1, 2016 by

Scotia Group contributed a large portion of the nearly 2,000 points gain in the AJ Index on Friday.

Scotia Group contributed a large portion of the nearly 2,000 points gain in the AJ Index on Friday.

Trading on the Jamaica stock market on Friday continues the summer modishness, with 3,391,899 units valued at $45,816,950 in all market segments changing hands but the all Jamaica Composite index gained just a few points shy of 2,000 as Scotia Group added much to the main market indices. A total of 35 securities traded, the prices of 18 stocks rose, 7 fell, including 8 stocks rising and 3 declining from the junior market.
Two stocks closed at new highs. The junior market accounted for 1,681,148 shares valued at $7,205,861 of all trades.
The JSE Market Index climbed 1,731.65 points to end at 161,502.46. The all Jamaica Composite Index jumped 1,996.34 points to close at 179,450.57 and the JSE combined index gained 1,785.02 points, to end at 172,538.67.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 11 stocks with bids higher than their last selling prices and 6 with lower offers.
ICI JSE sum 01-07-16At the end of market activities, Berger Paints gained 5 cents and ended at $4.35 while 6,800 units were traded, Cable & Wireless traded 150,647 shares traded to close at $1.18, Caribbean Cement jumped $1 to close at $25 after trading 4,160 units. Carreras traded 1,425 shares but slipped 40 cents to $65. Ciboney gained 1 cent while trading at 21 cents with 140,000 shares changing hands, 1834 Investments traded 221,434 shares to close at $1, Grace Kennedy lost $3 and closed at $120 with 8,491 units changing hands, Jamaica Broilers ended with 119,956 units changing hands and gained 5 cents to close at $14.80. Jamaica Producers traded 10,000 units after rising 1 cent to end at $48, Jamaica Stock Exchange gained 10 cents to end at 52 weeks’ high of $25.10 while trading 1,931 shares, JMMB Group traded 36,304 units to close at $9.72. Kingston Wharves traded 1,400 units and gained 20 cents to close at $14.10, Margaritaville Turks closed with 159,040 shares changing hands at 19 US cents, National Commercial Bank ended with 100,328 units changing hands with a fall of $1 to $42, Pan Jamaican Investment Trust dipped 50 cents and traded 8,000 shares to close at $25.50.ICI -JSE fn Qts 01-07-16 Radio Jamaica rose 7 cents to close with 6,000 shares changing hands at $1.70, Sagicor Group gained 2 cents in ending with 135,000 shares changing hands at $23.05, Sagicor Real Estate Fund traded 47,905 shares and rose 3 cents to close at $10.15. Scotia Group rose 52 cents with 572,909 shares trading to close at $31.30, the stock traded as high as $32.89 and ended with an average trading price of $32.65. Supreme Ventures ended trading, with 304,000 units trading with a gain of 1 cent at $4.54. Proven Investments traded 18,500 units at 17 US cents and JMMB Group US 6% preference share, traded 15,610 units and gained 10 cents, to close at US$1.10.

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All Jamaica jumps 2,500 points

July 1, 2016 by

Scotia Group jumped to $32.89 from $30.70 with 564,857 shares helped push the All Jamaica composite by nearly 2,500 points in early Friday morning on the Jamaica Stock Exchange. At the same time Blue Power traded 3,881 shares at a new 52 weeks’ high of $16, to gain $1. Activity picked up on the first trading day for July with five company’s stocks trading over 100,000 units and one over 90,000 shares.
JSE intra 01-07-16After 75 minutes of trading in the early morning session, on Friday, Caribbean Cream traded 96,989 units bat $5.50., Lasco Manufacturing had 193,204 shares trading at $5, Margaritaville Turks traded 150,000 units at 19 US cents, Supreme Ventures traded 300,000 shares at $4.54 and tTech had 746,761 shares trading at $4.50.
Trading resulted in activity in 28 securities, accounting for a volume of 2,175,463 shares compared to as 14 stocks gained and 5 declined. The average number of shares traded amounts to 77,695 units compared to an average of 71,299 units on Thursday.
The all Jamaica Composite Index jumped 2,431.09 points to 179,885.32, the Jamaica Stock Exchange Market Index surged 2,173.75 points to 161,891.19, the Jamaica Stock Exchange combined index climbed 1,823.55 to close at 172,630.57 points andthe junior market index rose 0.27 points to 2,214.16.

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JSE ends June negatively – Thursday

June 30, 2016 by

The JSE stock closed at a new high of $25 on Thursday.

The JSE stock closed at a new high of $25 on Thursday.

Trading on the Jamaica stock market on Thursday continues to be moderate, with 3,452,958 units valued at just $45,993,319 in all market segments changing hands. At the close the main market indices ended June with the last day recording declines. A total of 40 securities traded, the prices of 15 stocks rose, 14 fell, including 8 stocks rising and 3 declining from the junior market.
Two stocks closed at new highs. The junior market accounted for 383,501 shares valued at $1,786,848 of all trades.
The JSE Market Index fell 480.10 points to end at 159,717.44. The all Jamaica Composite Index lost 536.94 points to close at 177,454.23 and the JSE combined index slip 261.15 points, to end at 170,807.02.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the JSE sum 30-6-16Investor’s Choice bid-offer indicator reading showed 13 stocks with bids higher than their last selling prices and 6 with lower offers.
At the end of market activities, Berger Paints lost 15 cents and ended at $4.30 while 11,081 units were traded, Cable & Wireless dropped 6 cents with 23,024 units traded to close at $1.18, Caribbean Cement jumped $2.40 to close at $24 after trading 407,370 units. Carreras traded 14,142 shares but slipped $1.10 to $65.40. Ciboney gained 1 cent while trading at 21 cents with 140,000 shares changing hands, 1834 Investments traded 221,434 shares to close at $1, Grace Kennedy closed at $123 with 62,637 units changing hands, Jamaica Broilers ended with 233,400 units changing hands and gained 53 cents to close at $14.75. Jamaica Producers traded 63,690 units after losing $1.10 to end at $47.99, Jamaica Stock Exchange jumped $3 to end at 52 weeks’ high of $25 while trading 3,000 shares, JMMB Group dropped 11 cents in trading 14,600 units to close at $9.72. Kingston Wharves traded 501,315 units and declined by $2.10 to close at $13.90, Mayberry Investments closed with 449,880 shares changing hands at $3.52, National Commercial Bank ended with 12,280 units changing hands with a rise of 98 cents to $43, Pan Jamaican Investment Trust gained 50 cents and traded 20,920 shares to close at $26.JSE mm fn qts 30-6-16 Pulse Investments lost 1 cent to close at $2.54 with 14,985 shares changing hands, Radio Jamaica rose 23 cents to close with 5,899 shares changing hands at $1.63, Sagicor Group ended with 17,464 shares changing hands at $23.03, Sagicor Real Estate Fund traded 780,642 shares but fell by 3 cents to close at $10.12. Scotia Investments dropped $1.40 with 3,000 shares trading to close at $26, Supreme Ventures ended trading, with 28,302 units trading with a loss of 1 cent at $4.53. Proven Investments traded 25,174 units at 17 US cents, Proven Investments 8% preference share traded 11,300 shares at $5.

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JSE rises with moderate trades – Wednesday

June 29, 2016 by

Kingston Wharves traded at a new high of $16 on Wednesday.

Kingston Wharves traded at a new high of $16 on Wednesday.

Trading on the Jamaica stock market on Wednesday was a moderate 5,438,812 units valued at just $30,375,280 in all market segments. At the close the market indices recovered grounds lost on Tuesday and more, with 39 securities trading and the prices of 15 stocks rising, 14 falling, including 5 stocks rising and 3 declining from the junior market.
Two stocks closed at new highs and one in the junior market hitting a new intraday high. The junior market accounted for 1,318,717 shares valued at $3,968,524 of all trades.
The JSE Market Index climbed 632.43 points to end at 160,197.54. The all Jamaica Composite Index gained 707.31 points to close at 177,991.17 and the JSE combined index jumped 820.66 points, to end at 171,068.17.
JSE sum 29-6-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 14 stocks with bids higher than their last selling prices and 6 with lower offers.
At the end of market activities, Berger Paints lost 5 cents and ended at $4.45 while 3,000 units were traded, Cable & Wireless dropped 1 cent with 320,996 units traded to close at $1.24, Caribbean Cement declined by 90 cents to close at $21.60 after trading 11,092 units. 1834 Investments traded 59,839 shares but lost 2 cents to close at $1, Grace Kennedy shed $1.25 to close at $123 with 11,639 units changing hands, Jamaica Broilers ended with 5,007 units changing hands, lost 28 cents to close at $14.22, JMMB Group gained 11 cents in trading 24,219 units to close at $9.83. Kingston Wharves traded 1,300 units and gained $2 to close at a 52 weeks’ closing high of $16, Montego Bay Ice jumped $1.37 to a new 52 weeks’ high of $20 with 195,400 shares were traded. National Commercial Bank ended with 17,150 units changing hands with a 1 cent gain to $42.02 at the close, 138 Student Living traded 500,000 shares with a loss of 1 cent at $4.50,JSE mm fn qts 29-6-16 Pan Jamaican Investment Trust fell 50 cents and closed with 321,590 shares trading at $25.50. Radio Jamaica lost 28 cents and closed with 73,338 shares changing hands at $1.40, Sagicor Group ended with 42,432 shares changing hands at $23.03 after adding 2 cents, Sagicor Real Estate Fund traded 71,501 shares to close at $10.15. Scotia Group had 116,189 shares changing hands to close with a slip of 2 cents to $30.78, Scotia Investments jumped $1.40 with 16,459 shares trading to close at $27.40, Supreme Ventures ended trading, with 51,736 units at $4.54. JMMB Group 7.5% preference share traded 2,134,200 units with a rise of 2 cents at $1.05 and JMMB Group 7.25% preference share traded 17,800 shares at $2.45.

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