At mid-day Scotia Group fell back to $23.21 from $34.50 at the close on Thursday, to be the main contributor to the morning fall in the market on Friday. Trading on the Jamaica Stock Exchange continued with 19 securities traded, 6 stocks rose and 8 declined. A
total volume of just over 2,166,651 shares have changed hands at mid-day.
The all Jamaican Composite index dropped 1,254.12 points to 108,369.89 points, JSE Combined Index declined 1,099.60 points to 100,340.99, JSE Index trades at 97,904.53 points after shedding 1,122.01 points and Junior Market Index fell to 886.69, down by 4.61 points.
The most noticeable trades so far are, Cable & Wireless trading 412,500 units at 46 cents, Gleaner traded at a new 52 weeks’ high of $1.53 after trading 10,000 shares, with the stock rising 53 percent since June 16. Pulse at a new 52 weeks’ high of 75 cents with 55,000 shares trading, Sagicor Group with 507,673 shares at $13, Scotia Group that traded at $23.21, a fall $1.44 with 812,616 shares, and Supreme Ventures at $4 a new 52 weeks’ high, with 96,275 shares trading.
Scotia Group pushes Indices down
All Jamaica Index now up 1,689 points
After 60 minutes of trading on the Jamaica Stock Exchange, 24 securities traded
with 10 stocks rising compared to just 3 earlier and 5 declining the same as at 10.30 am. A total volume of just over 1 million shares have changed hands.
The all Jamaican Composite index inched up 1,689.49 to 109,351.43 points, JSE Combined Index put on 1,270.82 to 101,269.39 points, JSE Index is now at 98,782.68 points after adding 1,511.53 points and Junior Market Index fell to 897.77, down by 17 points.
The most noticeable trades so far are, Scotia Group that traded at $24.50 to gain $1.25 but with limited volume, Lasco Distributors 27,966 shares at $1.69, Lasco Financial Services 38,764 units at $1.81, Lasco Manufacturing 110,000 shares at $1.45 and Supreme Ventures traded at $3.90 to add 50 cents.
JSE main indices move up
After 60 minutes of trading on the Jamaica Stock Exchange, 18 securities traded
with 3 rising and 5 declining comprising a total volume of only 370,060 shares changing hands, only 7 stocks have so far traded in the junior market with both declining.
The all Jamaican Composite index inched up 400.20 to 108,062.14 points, JSE Combined Index put on 154.06 to 100,152.63 points, JSE Index is now at 97,629.20 points after adding 358.05 points and Junior Market Index fell to 894.54, down by 20.23 points.
The most noticeable trades so far are, Lasco Distributors 27,966 shares at $1.69, Lasco Financial Services 38,764 units at $1.81, Lasco Manufacturing with 110,000 shares at $1.45 and Supreme Ventures traded at $3.90 to add 50 cents.
JSE records gains as 12 stock rose
The JSE Market Index rose by 850.14 points to 99,251.97,
the JSE All Jamaican Composite index rose 950.23 points to close at 109,875.98 and the JSE combined index gained 909.48 points to end at 101,846.89.IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 11 stocks with bids higher than their last selling prices and 4 with offers that were lower.
After two hours of trading on Thursday there was heavy trading in a number of stocks. The big trades for the day are Caribbean Cement with 4,504,011 shares to close at $4.80, the vast majority traded at $5. Carreras traded 528,878 units to end at $50, Jamaica Broilers with 3,019,120 shares changing hands, closed at $5.50, Scotia Group traded 1,103,300 shares with the price closing unchanged at $25.50 as Scotia Investment bought most of those to trade. Supreme Ventures had 8,559,749 shares traded to end at $3.50, down 25 cents and Jamaica Money Market Brokers 7.50% preference share traded 836,000 units with a gain of 19 cents to end at $2.30.
Elsewhere in the market, Jamaica Stock Exchange traded 21,150 units to end with a gain
of 20 cents to a new closing high of $5. National Commercial Bank with 248,135 shares closed at $29.60 to end with a 5 cents gain, Pan Jamaican Investment traded 5,678 shares to close 3 cents higher at a new 52 weeks high of $60.55, Pulse Investments traded 300,000 units at 45 cents, to gain 9 cents for a new 52 weeks high. Sagicor Group had 388,585 shares trading to close at $12, Sagicor Real Estate Fund traded 418,797 shares at $7.60, up 50 cents on the day, Scotia Investments exchanged 20,028 shares to close at $26.28 and Proven Investments traded 146,255 shares at 21 US cents.
15 stocks rose 10 declined on JSE
TheJSE Market Index lost 484.92 points to 99,189.54, theJSE All Jamaican Composite index fell 542.01 points to close at 11109,806.20 and the JSE combined index gained 850.26 points to end at 101,568.60.
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 3 with offers that were lower.
Market activity saw, Cable & Wireless ending with 1,359,285 shares to close at 48 cents, after losing 2 cents but the stock traded as low as 45 cents after the company reported a huge $9 billion loss including an exceptional charge of $7 billion, after trading closed on Monday.
Caribbean Cement had 70,900 shares trading at $5.10, to record a gain of 10 cents. Carreras traded of $51.50 and lost 50 cents but with just 6,272 shares, Desnoes & Geddes had 38,161 units changing hands at $7.50, for a loss of 5 cents, Hardware & Lumber traded 72,196 shares between a new intra-day high of $19 and the closing price of $18, Jamaica Broilers traded 206,666 units to close at $5.25 with a 30 cents loss. Jamaica Stock Exchange traded 5,000 units at a new high of $4.80 after gaining 30 cents. JMMB Group gained 5 cents, with 14,350 shares to close at $8.50. Mayberry Investments traded 183,599 units at $3.09, as the price slipped by 1 cent,
National Commercial Bank traded 24,497 shares at $29.90 and lost 9 cents, Radio Jamaica traded 100,000 shares to remain unchanged at $3. Sagicor Group had 344,180 units trading 5 cents higher to end at $12.05, the company Real Estate Fund ended with 18,186 units trading down by 8 cents at $7.50. Scotia Group traded 309,997 units at $25.30, Supreme Ventures added 117,357 shares at $3.80. Proven Investments had 40,900 changing hands at 20.99 US cents, Jamaica Money Market Brokers 7.50% preference shares closed with 250,900 units trading at $2.11 and Jamaica Money Market Brokers 8.75% preference shares closed with 147,225 units trading at $3.02.
Market back to pre-crisis levels
Stocks trading at new 52 weeks’ high in the main market are, Carreras traded of $52 to gain $2 but with only 800 shares, Jamaica Stock Exchange, Jamaica Broilers and Pan Jamaican.
TheJSE Market Index gained 908.09 points to 99,674.46, theJSE All Jamaican Composite index climbed 1,015.00 points to close at 110,348.21 and
the JSE combined index gained 850.26 points to end at 101,869.93. The close on Monday, places the all Jamaican index back to July 2008 levels.IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 11 stocks with bids higher than their last selling prices and 2 with offers that were lower.
Cable & Wireless closed with 341,888 shares trading at 50 cents, Caribbean Cement had 61,057 shares trading at $5, to record a gain of 40 cents. Desnoes & Geddes had 15,250 units changing hands at $7.55, in putting on 12 cents, Jamaica Broilers traded 115,000 units at $5.55 with a 5 cents gain, Jamaica Stock Exchange traded 10,000 units at a new high of $4.50. JMMB Group lost ground by falling 55 cents, with 22,350 shares to close at $8.45 after the investment bank posted earnings of $1.18 per share for the year to March, compared with $1.74 in 2014. The company only made $76 million in the quarter compared to reach $1.93 million compared with $1.85 million at the end of December.
Mayberry Investments traded 127,350 units at $3.10, as the price moved up 10 cents, Pan Jamaican Investment traded 6,473 shares at $60.50 to gain 50 cents, for a new 52 weeks’ high. Radio Jamaica traded 55,622 shares and gained 40 cents to close at $3, the company released results of 32 cents per share for the year to March after trading closed compared with 17 cents in 2014. Sagicor Group had 308,000 units trading at the end at $12, the company Real Estate Fund ended with 3,933,104 units trading 7 cents high at $7.58, Scotia Group traded 261,103 units at $25.30 Seprod 23,580 shares as the price slipped 95 cents to $16.55 and Supreme Ventures added 487,217 shares at $3.80.













