Friday, 13th September | Trading picked up from the highly depressed level of the previous three days resulting in stocks of 31 companies trading but the indices, with the exception of the junior market, all fell. The main market index closed at 84,893.83 declining by 465.72, the all Jamaica index fell 819.45 to close at 85,064.08 and the junior market picked up 5.62 to 787.49. A total of 3,460,048 units traded on the market valued at $25,713,143. There were 9 stocks declining to 5 that recorded price gains.

Main Market | Cable & Wireless traded 513,649 units firm at 18 cents; Caribbean Cement saw trading in 56,200 units at $2.65 as it lost 13 cents; Carreras delivered 35,803 units to new owners as the price closed at $47.70 down 80 cents; Grace Kennedy had just 16,000 units crossing the floor at $56.75 as the price lost 24 cents; Jamaica Broilers Group exchanged 30,642 at $5.10, down 10 cents; Investors moved 47,172 of Jamaica Money Market Brokers shares through for a $8 close, down 40 cents.

In the case of National Commercial Bank 95,452 units changed hands at $18.61 for a 1 cents gain; Sagicor Life Jamaica added 240,925 units to daily total at $9 at the close, the same price as yesterday’s close. Scotia Group put in a nice volume of 713,922 at $21.20, the price dropped 31 cents while Scotia Investments had only 3,600 trading but it gained 99 cents to close at $28; Supreme Ventures ventured into the market with 32,636 at $2.70 at the end of trading as it put on 15 cents for the day. Jamaica Money Market Brokers 8.75% preference shares traded 626,916 units firm at $3 and Proven Investments 8% preference traded 666,150 firm at $5.09.

Junior market | Trading in the junior market was very light with only 333,022 units changing hands. KLE Group traded 29,769 units Firm at $1.61, Lasco Distributors traded 23,970 units at $1.50 up 5 cents and Lasco Manufacturing traded 235,580 firm at $1.60.

IC bid-offer Indicator | At the end of trading, the Investor’s Choice bid-offer indicator had bids for 9 stocks being higher and 2 stocks having offers lower than their last selling price.

Thursday, 12th September 2013 | It was another day dominated by Cable & Wireless with 13.798 million unit trading at 18 cents. The market closed with the price of 9 stocks climbing and 11 declining, the latter in stark contrast to Wednesday when only two were down.

Stocks of 29 companies were active as the volume amounted to 15.79 million units with a value of only $10.44 million. While the indices showed promising signs before the close of trading, in the end there was moderate movement with the all Jamaica Index rising by 49.32 to close at 85,883.53 and the main market index closed at 85,359.55 up 28.03, for the fifth straight days of gains. On the other hand, the junior market index slipped by 1.34 to 781.87.

Carreras traded 12,323 units and closed at $48.50, up 85 cents on the day as the price tries to make a slow recovery from the $45 mark it fell to recently. Desnoes & Geddes traded 500,000 units $4.55 for an a 5 cents increase; National Commercial Bank traded a mere 18,822 to close at $18.60 up 5 cents; Kingston Wharves lost 91 cents while trading 16,652 to close at $6; Sagicor Life exchange 47,866 units and closed at $9 up 49 cents; Scotia Group 62,745 units to close at $21.51 off 19 cents at the close. Supreme Ventures traded 162.342 to close at $2.55, down 25 cents.

JMMB 8.75% preference shares had 202,673 units trading firm at $3 and PROVEN 8% exchanged 195,500 units at $5.09.

Junior Market | Access slipped 22 cents to land at $8.28 cents but only with 2,731 shares trading. Blue Power Group had another fairly good day with 40,000 trading to close firm at $9.28; infrequently traded C2W Music put in a big volume of 155,000 units at 97 cents down 3 for the day, a new all time low; Caribbean Cream had 100,000 units exchanged at $1.03 up a cent at the close; Caribbean Producers had 20,287 units changing hands firm at $2.10; General Accident Insurance put in 44,350 units at $1.8,up 5 cents; Jamaican Teas lost 20 cents to close at $4 with 29,837 shares changing hands; Lasco Distributors 70,014 $1.45, up 5 cents; Lasco Financial Services 108,150 down 5 cents to $1.25 and Lasco Manufacturing accounted for 136,163 firm at $1.60.

IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator was showing signs of a fluid situation for the market with bids for 8 stocks being higher with 6 stocks having offers lower than their last selling price.

Wednesday, 11th September 2013 | With just $7.4 million spent on stocks, Wednesday marked the worse trading day since April 25, a day when only $3.074 million worth of trading took place. Thanks to Proven Investments, it wasn’t the worse day for the year as 1.068 million of the company’s shares valued at $5.43 million crossed the floor.

The market closed with 8 stocks climbing and only 2 down as only stocks of 22 companies were active for a volume of 8.3 million units. At the end of trading, the all Jamaica Index rose by 473.29 to close at 85,834.21 and the main market index closed at 85,331.52 up 268.99, these increases are the fourth straight days of gains. The junior market index slipped by 2.94 to 783.21.

Cable & Wireless came in for increased interest not seen since the strong trading prior to the release of the June quarterly results as it traded 5,755,007 at 17 cents; Carreras seems to be gaining more and more buying interest as traded 31,130 at $47.65, up by 64 cents and so did Caribbean Cement with 327,540 shares, which closed at $2.78 up 28 cents after trading as high as $2.87. Desnoes & Geddes traded 29,200 units to close at $4.51; Grace chipped in with 7,000 units closing at $56.99, up 24 cents; Pan Jam had 11,324 units trading at 15 cents off at $51.05. Scotia Investments price was up 50 cents to $27.50 with 20,205 units. Supreme Ventures price moved up 25 cents to close at $2.80 with only 3,500 units.

Junior market | AMG Packaging traded 50,571 firm at $4; Blue Power 50,000 units at $9.28 the same price as the day before; Caribbean Cream traded 20,518 units firm at $1.02; Caribbean Producers traded 15,000 firm at $2.10; Consolidated Bakeries exchanged 64,290 and the price remained firm at $1.40. Lasco Distributors put through 207,000 units at the last selling price as on Tuesday at $1.40, so too did Lasco Financial Services that exchanged 53,317 units at $1.25 and Lasco Manufacturing had a good day with 414,655 units to close at $1.60, same price as the day before.

IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator was showing signs of a fluid situation for the market with bids for 9 stocks being higher with 6 stocks having offers lower than their last selling price.

Tuesday, 10th September 2013 | In slow and light trading session only 2 million shares worth $12,374,368 traded as 25 companies had activity on the second day of the week. The main indices gained marginally while the junior market fell marginally as 6 stock increased in price and 6 declined.

Main Market|  Carreras is finding support around the $47 level and exchanged 14,000 and closed at $47.01 up a cent at the end of the day. Caribbean Cement regained 30 cents that it recently lost as it closed at $2.50 with only 1,000 shares. Desnoes & Geddes 55,000 firm at $4.50; Gleaner Company swapped 81,637 without change at $1.17; Grace Kennedy exchanged 110,000 at 56.75 off 25 cents; Jamaica Broilers Group saw 105,319 trading up to $5.30 gaining 20 cents at the end. Jamaica Money Market delivered 55,259 at $8.40 down 10 cents. Mayberry Investments accounted for 346,095 units and closed firm at $2.60, while Scotia Group had just 25,881 trading at $21.70 for a 39 cents gain.

Junior Market | In today’s trading the junior market, AMG Packaging traded 44,688 firm at $4; Blue Power Group 19,652 units closed at $9.28 off 12 cents; Caribbean Producers 160,000 units closed firm at $2.10; Consolidated Bakeries 5,000 units traded firm at $1.40; Dolphin Cove gained $1 to close at $9 based on 5,000 shares; Lasco Distributors 340,300 units closed at $1.40, down 9 cent; Lasco Financial Services 350,429 units closed at $1.30 down 10 cents and Lasco Manufacturing 242,231 units at $1.60, a 5 cents decrease.

IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator remains strong on Tuesday with bids for 9 stocks being higher and 5 stocks having offers lower than their last selling price.