Sagicor Real Estate Fund traded 12,553,254 units days after the company reported a successful rights issue that raised $5.2 billion. Most trading took place at $6.95, in shares crossed by Scotia Investments as brokers for clients. The stock price ended at $7.50 at the close, after losing 50 cents.
Market activity generally,
on the Jamaica Stock Exchange ended with just 31 securities changing hands as 19,174,117 units, valued at $129,515,704 were exchanged. Sagicor Real Estate Fund accounted for a large portion of the monetary consideration. Seprod also chipped in with a fair amount. At the end, 8 stocks gained, compared to 11 that declined in all market segments. The JSE Market Index declined 648.07 points to 98,149.98, the JSE All Jamaican Composite index fell 724.25 points to 108,644.42 and the JSE combined index lost 916.38 points to end at 101,195.27.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 13 stocks with bids higher than their last selling prices and 4 with offers that were lower.
In trading, Cable and Wireless had 1,700,000 shares changing hands to close at 48 cents, Caribbean Cement traded 10,000 shares at $8, for a 38 cents gain. Desnoes & Geddes traded 779,322 shares at $7, JMMB Group had 13,100 shares changing hands at $7.70 after gaining 5 cents, 
Sagicor Group with 32,614 shares changing hands, closed at $13 with a 30 cents increase. Scotia Group traded 110,575 units in closing at $23.80, for a fall of 32 cents, Seprod traded 1,813,740 shares at $14 while losing 60 cents. Supreme Ventures traded 210.509 shares but lost 24 cents in ending at $3.90, Proven Investments ordinary share traded 91,890 units at 19.9 US cents after rising 0.004 cents and Jamaica Money Market Brokers 7.50% preference share traded 200,000 units at $2.
NCB adds $2.50 to regain $30 on JSE
The Jamaica Stock Exchange closed trading with a total of 28 securities changing hands and 2,579,234 units traded, valued at $15,166,869. At the end 10 stocks rose, 9 declined in all market segments and one in the preference section ended at a new low.
The JSE Market Index fell 160.92 points to 100,132.54. The JSE All Jamaican Composite index lost 179.86 points to 110,860.26 and the JSE combined index declined 120.43 points to end at 103,201.79.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 10 stocks with bids higher than their last selling prices and 4 with offers that were lower.
In trading, Cable and Wireless had 528,065 shares changing hands and closed at 52 cents,
Desnoes & Geddes traded 1,015,300 shares at $7 and gained 20 cents, Gleaner Company traded 7,000 shares at $1.85, Grace Kennedy traded 3,993 units at $63, JMMB Group traded 117,375 units and rose 5 cents to end at $7.65. Kingston Wharves closed unchanged at $7 with 10,100 shares changing hands, National Commercial Bank traded 117,375 shares and closed with a gain of$2.50 at $30, Sagicor Group with 44,714 shares changing hands, closed at $12.50 for a loss of 50 cents, Sagicor Real Estate Fund traded 64,063 units and lost 10 cents to settle at $7.90. Scotia Group traded 16,081 units between $25.01 and $26.90 but closed with a gain of 40 cents at $26.90. At the close there were 12 offers ranging between $26.90 and $30, 
starting with 71,299 shares at $26.90, on the buy side, bids which are not yet close to the last selling price, start at $25.10 to buy 800 shares. Scotia Investments lost $2.40 and ended at $24.10 while 1,000 units traded. Proven Investments ordinary share, traded 5,754 units at 20.11 US cents, down from 21 US cents Supreme Ventures ended at $4.14 with 25,500 units changing hands. Jamaica Money Market Brokers 7.50% preference share traded 21,050 units at $2 and Jamaica Money Market Brokers 8.75% preference share traded 15,000 units at $2.88 and shed 12 cents in the process to close at a 52 weeks’ low.
Scotia Group jumps 11% on JSE Friday
Scotia’s stock closed with a gain of $2.70 on Friday.
Scotia Investments crossed 623,135 units of its parent company shares out of a total of 700,154 they bought, between $26 and $26.99 with 612,725 units traded at $26.99, for in house purposes.
The Jamaica Stock Exchange closed trading with a total of 30 securities changing hands. A total of 2,251,172 units traded, valued at $24,730,236, with 9 stocks rising, 12 declining in all market segments. The JSE Market Index rose 2,637.77 points to 100,293.46. The JSE All Jamaican Composite index jumped 2,948.29 points to 111,040.12 and the JSE combined index rallied 2,460.94 points to end at 103,322.22.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 10 stocks with bids higher than their last selling prices and 5 with offers that were lower, including 2 from the preference share sector.In trading, Cable and Wireless traded only 559,840 shares, down from 4,748,662 units on Thursday and closed at 52 cents. At the close, visible bids exist for 10,000 shares at 50 cents and ranging between 48 cents and 49 cents, a total of 1,702,558 units and between 45-47 cents 537,500 shares. Visible offers at 52 cents, amount to 1,040,394 units, at 53 cents, 942,650 million shares, next are 595,177 shares at 55 cents and at 56 cents, 3,078,000 units. Carreras closed at $51 for a gain of $1 while a mere 1,045 units traded. Desnoes & Geddes traded 17,500 shares at $6.80, up 80 cents, Gleaner Company traded at 268,116 shares and added 5 cents to $1.85, Grace Kennedy traded down $1 at $63 with only 1,370 shares, Jamaica Broilers closed unchanged at $5.60 with 13,413 shares changing hands. National Commercial Bank traded just 53,230 shares and closed with a fall of 56 cents at $27.50, after it traded earlier at $30. Sagicor Group with 13,000 shares changing hands, closed with a gain of 43 cents at $13, Scotia Group traded 711,422 units between $23.80 and $26.99 but closed with a gain of $2.70 at $26.50.
At the close there were only 6 offers ranging between $26.50 and $30 to sell 73,748 shares at $26.50, 299,990 at $27 23,750 units at $27.10 and 54,600 shares at $30. On the buying side, bids start at $25.01 to buy 800 shares but they are thin, until they drop to $23.71, to buy 306,040 shares. Scotia Investments lost 50 cents and ended at $26.50 while 9,485 units traded, the stock opened down to $24.10 within six minutes of the market opening, in response to disappointing earnings for the July quarter. Proven Investments ordinary share, traded 32,600 units at 21 US cents, Supreme Ventures added 14 cents to end at $4.14 with 2,000 units changing hands.
Cable & Wireless jumps 11% on JSE
C&W which just ditched the Lime brand for Flow, gained nearly 11% in trading on Thursday
The Jamaica Stock Exchange closed trading with all active indices falling with advancing and declining stocks being evenly matched as was the case on Wednesday. A total of 31 securities changed hands, resulting in 7,916,489 units trading, valued at $29,539,131, with 8 stocks rising, 8 declining in all market segments. The JSE Market Index fell 245.83 points to 97,783.73. The JSE All Jamaican Composite index declined 274.77 points to 108,234.94 at support level on the downside and the JSE combined index fell 50.41 points to end at 101,002.73.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 8 stocks with bids higher than their last selling prices and 8 with offers that were lower.In trading, Cable and Wireless rose 5 cents with 4,748,662 units and closed at 52 cents. At the close, visible bids exist for 41,500 shares at 45 cents and ranging between 40 cents and 44 cents, a total of 397,000 units, well down on amount on Wednesday’s bids of 2.46 million units at 40 cents and above. On offer between 52 and 55 cents, are 6 visible offers to sell 2.58 million shares. Caribbean Cement had 11,300 shares changing hands stock for a loss of 5 cents to $7.85, Carreras closed at $50 for a loss of 30 cents while 274,344 units traded. Jamaica Broilers closed unchanged at $5.60 with 50,174 shares changing hands, National Commercial Bank traded just 3,200 shares and closed with a fall of $1.94 at $28.06. Sagicor Group with 179,796 shares changing hands, closed unchanged at $12.57,
Sagicor Real Estate Fund landed 33,271 shares for a gain of 10 cents to end at $8, Scotia Group traded 22,000 units to close with a loss of 20 cents at $23.80, Scotia Investments ended at $27 while only 159,004 units traded. Proven Investments ordinary share, traded 15,346 units at 21 US cents, Supreme Ventures added 50 cents to end at $4 with 23,022 units changing hands, Jamaica Money Market Brokers 7.50% preference share traded 50,000 units at $2 and Proven Investments 8% preference share traded 110,400 units at $4.90 after trading at a 52 weeks’ low of $4.85.
Only $10m traded on JSE on Monday
NCB’s new Constant Spring Rd. branch. The company’s stock closed with a gain of 73 cents on Monday
Unlike Friday when there were only 9 securities trading in the main and US dollar markets, Monday saw trading in 19 securities.
At the close, the JSE Market Index fell 334.02 points to 97,283.75. The JSE All Jamaican Composite index declined 373.34 points to 107,676.10 at support level on the downside and the JSE combined index added 227.26 points to end at 100,418.20.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading that confirms that the decline in the market is ending.
Trading closed with a reading of 10 stocks with bids higher than their last selling prices, and 4 with offers that were lower, the same reading as on Friday.In trading, Cable and Wireless rose just 1 cent with 1,764,685 units and closed at 46 cents. At the close, bids have built up with 159,000 units at 44 cents, at 43 cents, two bids form 779,586 units, and at 42 cents 710,209 units, 120,000 at 41 cents and 1,538,423 units at 40 cents. On offer between 46 and 52 cents, are 7 visible offers to sell 1,550,578 shares, IC Insider understands that there is an undisclosed amount at 46 cents. Grace Kennedy had 48,366 units changing hands at $64, Jamaica Broilers traded at $6.40 with just 2,500 shares
changing hands to gain 80 cents, JMMB Group traded 28,350 shares at $7.50, but lost 20 cents, National Commercial Bank traded 11,348 shares and closed with a gain of 73 cents at $28.75. Sagicor Group with 82,930 shares changing hands, closed at $13. Scotia Group traded 70,705 units to close with a gain of 60 cents at $24.36, Scotia Investments ended down 79 cents at $27 while only 1,000 units traded, Supreme Ventures ended with 21,362 stock units trading, with a gain of 2 cents to $3.42 and Proven Investments ordinary share, traded 23,350 units at 21 US cents for a loss of 1 US cent.
Trading drops sharply on JSE
The Jamaica Stock Exchange on Friday closed with main market indices gaining modestly, with declining stocks equalling advancing ones. The market endured a very slow day, with the market closing with only 16 securities changing hands, resulting in 1,868,635 units trading, valued at $28,326,579 with 6 stocks rising, 6 declining, in all market segments. There were only 9 securities trading in the main and US dollar markets.
At the close, the JSE Market Index rose 221.30 points to 97,617.77. The JSE All Jamaican Composite index gained 247.34 points to 108,049.44 at support level on the downside and the JSE combined index added 316.62 points to end at 100,645.46.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading that is confirming that the decline in the market is ending, with a reading of 10 stocks with bids higher than their last selling prices and 4 with offers that were lower.
In trading, Cable and Wireless rose just 1 cent with 20,000 units and closed at 45 cents, at the close, bids have built up with 120,000 units at 44 cents, at 43 cents, two bids form 779,586 units, and at 42 cents 710,000 units and 458,000 units at 40 cents. On offer 
between 45 and 50 cents, are 11 visible offers to sell 1,867,550 shares. Carreras had 191,096 units changing hands at $49, with a loss of 50 cents. Desnoes and Geddes traded 654,909 shares to close 10 cents lower at $6.80, Jamaica Broilers traded at $5.60 with just 9,318 shares changing hands, JMMB Group traded just 580 shares at $7.70, but gained 18 cents, Sagicor Group with 169,500 shares changing hands, closed 20 cents higher at $13. Scotia Group traded 31,550 units to close with a loss of 5 cents at $23.76 and Proven Investments ordinary share traded 427,400 units at 22 US cents for a gain of 1.9 US cents
Declining stocks down sharply on JSE
The Jamaica Stock Exchange on Thursday closed with main market indices dropping once more, with declining stocks equalling advancing ones. The market endured a very slow day, after an hours trading, only 2 stocks traded amounting to just 2,677 units. The market closed with only 25 securities changing hands, resulting in 914,433 units trading, valued at $16,133,495 with 9 stocks rising, 9 declining, in all market segments.
At the close, the JSE Market Index fell 690.11 points to 97,396.47. The JSE All Jamaican Composite index lost 771.34 points to close at 107,802.10 around support on the downside and the JSE combined index dropped 448.93 points to end at 100,328.84.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading that reflects a possibility that the decline is at or near the end a reading of 7 stocks with bids higher than their last selling prices and 4 with offers that were lower.
In trading, Cable and Wireless rose 2 cents with 211,066 units and closed at 44 cents, Caribbean Cement had 10,000 units changing hands at $8, Desnoes and Geddes traded 137,166 shares to close 7 cents higher at $6.90, Grace Kennedy closed with 130,192 shares trading at $64. Jamaica Broilers traded at $5.60 with just 10,000 shares changing hands, with a loss of $1.40, Kingston Wharves traded 20,000 shares at $6.45, but lost 80 cents in the 
process, Mayberry Investments had 13,640 shares trading for a fall of 45 cents to end at $2.90. Pan Jamaican ended at $61 with just 2,340 units changing hands, Sagicor Group with 17,385 shares changing hands, closed 20 cents lower at $12.80. Scotia Group traded 40,100 units to close with a gain of 5 cents at $23.81, Supreme Ventures ended at $3.40 with 15,500 units changing hands, Proven Investments ordinary share traded 200,000 units at 20.10 US cents for a loss of 0.45 cents and Proven Investments 8% preference share traded at a 52 weeks’ low of $4.90 with 4,300 shares.
Declining stocks clobber advancers on JSE
VMBS Wealth acquired the bulk of shares trading in connection with the pension funds they manage.
At the close, the JSE Market Index fell 262.83 points to 98,086.58. The JSE All Jamaican Composite index lost 293.77 points to close at 108,573.44 and the JSE combined index dropped 272.27 points to end at 100,777.77.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading that reflects continuation of declining stocks having the upper hand over advancing ones. There was slightly less bias to the downside, than at the close of trading on Tuesday, with Wednesday’s reading of 7 stocks with bids higher than their last selling prices and 9 with offers that were lower.In trading, Cable and Wireless fell 1 cent with 110,387 units and closed at 42 cents, Caribbean Cement had 54,911 units changing hands at $8, Carreras closed with 1,149,666 shares trading 50 cents lower at $49.49, with the bulk of the shares being a product of the VMBS Wealth pension portfolio shift. Grace Kennedy closed with 1,400,261 shares trading $64, Jamaica Broilers traded at $7 with just 1,000 shares changing hands, with a gain of $1.40. Jamaica Stock Exchange traded 2,105,142 shares at $7.89, JMMB Group traded 8,582,455 shares, including shares associated with the VMBS Wealth pension fund change, to close at $7.52, Kingston Properties had 664,191 shares trading for a fall of $1.01 to end at $6.99, National Commercial Bank traded 569,187 shares to end with a decline of 73 cents at $28.02.
Pan Jamaican fell 25 cents to end at $61 with 802,473 units changing hands, Radio Jamaica traded 37,900 shares unchanged at $3.01, Sagicor Group with 2,973,500 shares changing hands, closed 5 cents higher at $13. Scotia Group traded 198,010 units to close with a loss of 60 cents at $23.76, Scotia Investments traded 440,000 shares to close at $27.69 for a fall of 1 cent, Supreme Ventures ended at $3.40 with 13,828 units to be down by 40 cents and Jamaica Money Market Brokers 8.75% preference share traded 100,000 units to close at a 52 weeks’ low of $2.94, for a loss of 4 cents.
JSE drops back again on Tuesday
The Jamaica Stock Exchange on Tuesday closed with main market indices dropping once more with declining stocks exceeding advancing ones but with a big jump in the amount of money involved in the trades. The market closed with a fairly high participation rate of 32 securities changing hands.
there were 9,467,807 units trading, valued at $111,559,301 with JMMB Group and National Commercial Bank accounting for the largest trades. At the close 7 stocks rose, 10 declined, in all market segments and the JSE Market Index fell 422.05 points to 98,349.41. The JSE All Jamaican Composite index lost 471.73 points to close at 108,867.21 and the JSE combined index dropped 671.77 points to end at 101,050.04.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading that reflects continuation of declining stocks having the upper hand over advancing ones with 6 stocks with bids higher than their last selling prices and 12 with offers that were lower.
In trading, Cable and Wireless gained 3 cents with 77,930 units and closed at 43 cents, Caribbean Cement had 436,403 units changing hands at $8, Carreras closed with 253,200 shares trading 91 cents lower at $49.50, Grace Kennedy closed with 500,134 shares trading $64, Jamaica Broilers traded at $5.60 with 119,948 shares changing hands. JMMB Group traded 1,957,370 shares to close 2 cents up at $7.52, Mayberry Investments ended with 200,000 
shares changing hands to close at $3.40 for a gain of 52 cents, National Commercial Bank traded 980,250 shares to end with a decline of $1.25 at $28.75, Pan Jamaican gained 55 cents to end at $61.25 with 5,500 units changing hands. Radio Jamaica traded 20,000 shares unchanged at $3.01, Sagicor Group with 40,000 shares changing hands, closed 1 cent lower at $12.95, Sagicor Real Estate Fund with 76,290 shares closed 50 cents lower at $7.80. Scotia Group traded 200,000 units to close with a loss of $1.64 at $24.36, Supreme Ventures ended at $3.80 with 112,413 units to be up by 46 cents and Jamaica Money Market Brokers 7.50% preference share traded 499,600 units at $2.
JSE adds back 1,000 points on Monday
Scotia Group jumped back to $26 to help push the JSE up by more than 1,000 points.
At the close, the JSE Market Index gained 1,009.99 points to 98,771.46. The JSE All Jamaican Composite index added 1,128.88 points to close at 109,338.94 and the JSE combined index moved up 643.21 points to end at 101,721.81.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading that reflects continuation of declining stocks having the upper hand over advancing ones with 4
stocks with bids higher than their last selling prices and 13 with offers that were lower.In trading, Cable and Wireless with 279,208 units closed at 40 cents, Caribbean Cement had 27,500 units changing hands at $8, Gleaner closed with 116,172 shares and lost 2 cents to $1.90. Jamaica Broilers traded 2 cents lower at $5.60 with 308,788 shares changing hands, JMMB Group traded 162,644 shares at $7.50, Kingston Wharves hit a new 52 weeks’ high of $7.25 by gaining 5 cents with just 1,859 shares changing hands, Mayberry Investments ended with 14,080 shares changing hands to close at $2.88 for a fall of 52 cents. National Commercial Bank traded 108,565
shares to end with a gain of $1.98 at $30, Proven Investments ordinary share traded 7,228 units to close at 21 US cents, up 0.45 cents. Radio Jamaica traded 31,470 shares with the price unchanged at $3.01, Sagicor Group with 283,978 shares changing hands, closed 4 cents lower at $12.96, Scotia Group traded 145,930 units to close at $26, by gaining $2, Scotia hand 3,900 of the shares traded at $26, 1,000 at $15.99 and 61,441 traded at $25 all the rest traded at $24.01 to a low of $23.73. Supreme Ventures ended at $3.34 with 58,896 units to be up by 4 cents and Jamaica Money Market Brokers 7.50% preference share traded 35,150 units at $2.