Victoria Mutual Investments

Main market almost steady – Friday

January 19, 2018 by IC Insider.com

Scotia Group dropped $2.99 to $50.

Trading on the Main Market of the Jamaica Stock Exchange ended on Friday with JSE All Jamaican Composite Index declined by 26.30 points to 311,724.51 and the JSE Index declined by 23.96 points to 284,016.29.
Main market activities ended with 11 stocks rising, 6 declining and 5 trading firm as 22 securities traded versus 22 on Thursday. Market activity ended with 5,850,045 shares valued at $76,630,033, in contrast to 4,616,878 shares valued at $176,039,060 on Thursday.
Trading in the US dollar market ended Proven Investments trading 20,256 ordinary shares with a value of US$4,456 at 22 US cents. The JSE US Equities Index closed with a loss of 0.09 points to 168.75.
Trading ended with an average of 265,911 units for an average of $3,483,183 in contrast to 164,889 units for an average of $6,287,109 on Thursday. The average volume and value for the month to date amounts to 256,686 units valued at $6,288,571 and previously 256,118 units valued at $6,475,597. December closed with average of 686,156 units valued at an average of $8,654,832 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with bids higher than their last selling prices and 5 with lower offers.
The major movers at the close of the market are, Victoria Mutual Investments trading just under the million range, with 462,000 units changing hands and Wisynco Group exchanging 433,000 units, down from the 1 million range that they have been trading at shortly after listing in late December. Supreme Ventures traded 1.1 million units and JMMB Group 7.5% preference share ended with 1,660,100 shares trading.

Price changes saw, JMMB Group adding $1 to close at $26, Jamaica Producers gave back the $1.50 increase made on Thursday to end on Friday at $16.50, Kingston Wharves jumped $3.42 to $34.50, Salada Foods gaining $1.50 to end at $12.50, Scotia Group fell $2.99 to close at $50 and Seprod rose $1.50 back to $30.
For more details of market activities see – Buying of VM Investments & Wisynco eases.

Main market makes big gains – Thursday

January 19, 2018 by IC Insider.com

Wisynco producers of Wata, traded 1.75 million shares on Thursday.

The Main Market of the Jamaica Stock Exchange recovered some lost ground on Thursday with JSE All Jamaican Composite Index jumping 1,681.33 points to 311,750.81 and the JSE Index climbing 1,531.89 points to 284,040.25.
Main market activities ended with 9 stocks rising, 11 declining and 5 trading firm as 22 securities traded versus 22 on Wednesday.
Market activity ended with 4,616,878 shares valued at $176,039,060, in contrast to 3,008,815 shares valued at $51,707,605 on Wednesday.
Trading in the US dollar market ended Proven Investments trading 78,270 ordinary shares with a value of US$17,207 at 22 US cents. The JSE US Equities Index closed with a loss of 0.09 points to 168.66.
Trading ended with an average of 164,889 units for an average of $6,287,109 in contrast to 136,764 units for an average of $2,350,346 on Wednesday. The average volume and value for the month to date amounts to 256,118 units valued at $6,475,597 and previously 263,882 units valued at $6,493,073. December closed with average of 686,156 units valued at an average of $8,654,832 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 2 stocks ended with bids higher than their last selling prices and 4 with lower offers.
The major movers at the close of the market are, Victoria Mutual Investments trading just under the million range, with 893,653 units changing hands and Wisynco Group exchanging 1,751,629 units. Price changes saw Berger Paints closing $1.49 higher at $18, Caribbean Cement jumping $2.50 to close at $35, Jamaica Producers closed $1.50 higher at $18, Kingston Wharves settled with a loss of $1.42 at $30.08 and Seprod concluded trading with a loss of $1.50 at $28.50.
For more details of market activities see – Demand rise for VM Investments & Wisynco .

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Berger Paints, Caribbean Cement, Daily Trading, Emerging markets, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, Kingston Wharves, Seprod, Trading Activity, Victoria Mutual Investments, Wisynco Group

Demand rise for VM Investments & Wisynco

January 18, 2018 by IC Insider.com

VM Investments volume rose on thursday.

Demand for shares in newly listed Victoria Mutual Investments and Wisynco Group rose trading on the main market of the Jamaica Stock Exchange to more than 2.645 million units with the prices of both rise at the close.
Market activity ended on Thursday with 28 securities changing hands up from 22 on Wednesday, of which 9 advanced, 10 declined, 9 traded firm leading to 4,616,878 shares valued at $176,039,060 changing hands.
At the close of the market the JSE All Jamaican Composite Index leapt 1,681.33 points to 311,750.81 and the JSE Index rose 1,220.52 points to 282,508.36.
In main market activity, Barita Investments ended with a loss of 60 cents at $7.90, with 2,466 stock units, Berger Paints closed $1.49 higher at $18, with 19,967 shares, Cable & Wireless concluded trading at $1.32, with 63,275 units, Carreras finished 24 cents higher at $11.30, with 131,538 shares, Caribbean Cement jumped $2.50 to close at $35, with 24,777 shares. Grace Kennedy traded 45 cents higher at $43.45, with 4,152 stock units, Jamaica Broilers finished trading with a loss of 48 cents at $17.52, with 750,362 units, Jamaica Producers closed $1.50 higher at $18, with 21,873 shares, JMMB Group concluded trading with a loss of 11 cents at $25, with 59,672 shares. Kingston Properties finished at $6, with 3,698 stock units, Kingston Wharves settled with a loss of $1.42 at $30.08, with 22,061 units, Mayberry Investments ended trading with a loss of 93 cents at $5.77, with 39,335 shares, NCB Financial Group traded at $99.80, with 38,998 shares. 1834 Investments finished trading with a loss of 12 cents at $1.15, with 55,000 shares, PanJam Investment ended $2.73 higher at $41.25, with 3,225 units, Radio Jamaica settled with a loss of 5 cents at $1.05, with 47,500 shares, Sagicor Group ended trading with a loss of 1 cent at $35.50, with 10,972 stock units, Sagicor Real Estate Fund finished trading at $14, with 23,200 stock units, Salada Foods traded at $11, with 5,000 units, Scotia Group finished trading at $52.99, with 122,416 shares, Seprod concluded trading with a loss of $1.50 at $28.50, with 1,257 stock units, Sterling Investments finished at $13, with 22,451 units. Supreme Ventures settled with a loss of 60 cents at $11, with 311,151 shares, VM Investments Limited ended trading 11 cents higher at $4.10, with 893,653 shares, Wisynco Group traded 50 cents higher at $10.50, with 1,751,629 shares and In the main market preference segment, Jamaica Public Service finished at $1,302, with 93,000 shares, Jamaica Money Market traded 93,150 stock units 20 cents higher at $ and JMMB Group closed with a loss of 1 cent at $1.18, trading 1,100 shares.

Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “Main market make big gains – Thursday.”

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Money Market Brokers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB, JMMB Group, Kingston Properties, Kingston Wharves, Mayberry Investments, NCB Financial Group, PANJAM Investment, Proven Investments, Pulse Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Salada Foods, Scotia Group, Seprod, Supreme Ventures, Trading Activity, Victoria Mutual Investments, Wisynco

Main market lost more ground – Wednesday

January 17, 2018 by IC Insider.com

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Scotia Group $2.75 on the JSE on Wednesday.

Trading on the Main Market of the Jamaica Stock Exchange ended on Wednesday with JSE All Jamaican Composite Index dropping by 1,339.60 points to 310,069.48 and the JSE Index declined by 1,220.52 points to 282,508.36.
Main market activities ended with 9 stocks rising, 8 declining and 5 trading firm as 22 securities traded versus 26 on Tuesday.
Market activity ended with 3,008,815 shares valued at $51,707,605, in contrast to 2,769,195 shares valued at $33,208,767 on Tuesday.
Trading in the US dollar market ended with JMMB Group 6% preference share ending with a loss of 7 cents at U$1.10 with 940 stock units, Margaritaville concluded trading added 20 US cents with 7,624 units, Productivity Business closed at 55 cents with 650 shares and Proven Investments traded 51,300 ordinary share at 22 US cents. Total volume for this market was 60,514 units with a value of US $14,202. The JSE US Equities Index closed with a loss of 0.19 points to 168.75.
Trading ended with an average of 136,764 units for an average of $2,350,346 in contrast to 118,216 units for an average of $1,443,859 on Tuesday. The average volume and value for the month to date amounts to 263,882 units valued at $6,493,073 and previously 272,991 units valued at $ 6,818,573. December closed with average of 686,156 units valued at an average of $8,654,832 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 4 with lower offers.
The major movers at the close of the market are, Victoria Mutual Investments trading just under the million range, with 865,000 units changing hands and Wisynco Group exchanging 982,000 units. Price changes saw Caribbean Cement falling $1 to $32.50, Scotia Group climbing $2.75 to $52.99 and Seprod rising by $1 to $30.
For more details of market activities see – Wisynco volume slips below 500,000 shares.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Caribbean Cement, Daily Trading, Emerging markets, Jamaica Stock Exchange, Jamaican stocks, Proven Investments, Scotia Group, Seprod, Trading Activity, Victoria Mutual Investments

Main market stocks lost altitude – Tuesday

January 16, 2018 by IC Insider.com

The Main Market of the Jamaica Stock Exchange lost ground in moderate trading on Tuesday with an averse advance to decline ratio of almost 2 to 1.
At the close of the market the JSE All Jamaican Composite Index shed 751.79 points to 311,409.08 and the JSE Index declined by 684.96 points to 283,728.88.
Main market activities ended with 6 stocks rising, 10 declining and 9 trading firm as 24 securities including one from the bond segment, traded versus 22 securities on Monday.
Market activity ended with 2,769,195 shares valued at $33,208,767, in contrast to 3,228,645 units valued at $37,292,283 on Tuesday. In addition 4,910 units of ISP Finance corporate bonds traded at $110 each.
Activity in the US dollar market ended with 2 securities trading, resulting in Margaritaville concluding trading at 20 US cents with 8,034 units, Proven Investments trading 42,200 units at 22 US cents. Total volume for this market was 50,234 units with a value of US$10,921.The JSE US Equities Index closed with a gain of 0.18 points to 168.94.
Trading ended with an average of 118,216 units for an average of $1,443,859 in contrast to 146,757 units for an average of $1,695,104 on Monday. The average volume and value for the month to date amounts to 272,991 units valued at $ 6,818,573 and previously 285,526 units valued at $7,299,578. December closed with average of 686,156 units valued at an average of $8,654,832 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 4 with lower offers.
The major movers at the close of the market are, the two recently listed companies continuing to be in good demand but with volumes traded easing. At the close Victoria Mutual Investments continues to trade around the half a million range with 542,000 units changing hands and Wisynco Group exchanging 470,000 units down from the million units levels it been trading at before. Price changes saw Caribbean Cement jumping $1.45 to $33.50 falling $1 to $17 and PanJam Investment sliding $2.36 to $39.14.

For more details of market activities see – Wisynco volume slips below 500,000 shares.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Caribbean Cement, Daily Trading, Emerging markets, Jamaica Stock Exchange, Jamaican stocks, PANJAM Investment, Trading Activity, Victoria Mutual Investments, Wisynco Group

Main market stocks bounce on Monday

January 15, 2018 by IC Insider.com

The Main Market of the Jamaica Stock Exchange recovered close to half of the losses of the last two trading days, when nearly 5,000 points were lost on the all Jamaica Index on a day when advancing stocks were just edged out by decliners.
At the close of the market the JSE All Jamaican Composite Index rose 1,863.51 points to 312,160.87 and the JSE Index gained 1,697.87 points to 284,413.84.
Main market activities ended with 9 stocks rising, 10 declining and 3 trading firm as 22 securities traded down from 24 securities on Friday.
Market activity ended with 3,228,645 units valued at $37,292,283, in contrast to 3,151,082 units for $55,743,394 on Friday. Activity in the US dollar market ended with 1 security trading, resulting in Proven Investments trading 311,462 units, with a value of US$68,526 and the JSE US Equities Index closing with a loss of 4.67 points to 168.76.
Trading ended with an average of 146,757 units for an average of $1,695,104 in contrast to 137,004 units for an average of $2,423,626 on Friday. The average volume and value for the month to date amounts to 285,526 units valued at 7,299,578 and previously 297,178 units valued at 7,824,252. December closed with average of 686,156 units valued at an average of $8,654,832 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and 3 with lower offers.
The major movers at the close of the market are, the two recently listed companies that continue to be in good demand with Victoria Mutual Investments trading 489,507 units and Wisynco Group exchanging 1.1 million units trading. Price changes saw Berger Paint falling $1 to $17, JMMB Group rose $1.20 higher to $25 Kingston Properties fell $1.70 to $6, Pan Jam Investment gained $1 to $41.50, and Sagicor Group rose $1 to $36.
For more details of market activities see – Wisynco still trading more than 1m shares.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Caribbean Cement, Daily Trading, Emerging markets, Jamaica Stock Exchange, Jamaican stocks, Kingston Wharves, Trading Activity, Victoria Mutual Investments

Main market drops sharply again – Friday

January 12, 2018 by IC Insider.com

The Main market of the Jamaica Stock Exchange suffered another day of a sharp fall in the market indices in trading on Friday, with more prices rising and less falling than on Thursday.
The market closed with the JSE All Jamaican Composite Index dropping 2,510.74 points to 310,297.36 and the JSE Index dived 2,287.57 points to 282,715.97.
Main market activities ended with 5 stocks rising, 13 declining and 6 trading firm as 24 securities traded down from 26 securities on Thursday. Activity in the US dollar market ended with 1 security trading result in only 800 units exchanged, with a value of US$896 and the JSE US Equities Index closing unchanged at 173.43.
Victoria Mutual Investments and Wisynco Group continue to be dominant trades but with less than 1 million units trading on Friday combined versus 3.57 million units changing hands on Thursday.
Market activity ended with 3,151,082 units valued at $55,743,394 in contrast to as 5,110,001 units, with a value of $69,365,564 on Thursday.
The average trade ended at 137,004 units for an average of $2,423,626 in contrast to 196,539 units for an average of $2,667,906 on Thursday. The average volume and value for the month to date amounts to 297,178 units valued at 7,824,252 and previously 312,593 units valued at 8,410,169. December closed with average of 686,156 units valued at an average of $8,654,832 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and 2 with lower offers.
Activity in the US dollar market ended with 800 shares trading for JMMB Group 6 percent preference share at US$1.12.
The major movers at the close of the market are, JMMB Group trading 1.14 million shares, Wisynco closed trading 574,000 shares and Victoria Mutual Investments 403,000 units. Price changes saw Berger Paint rising $1 to $18, Kingston Wharves falling $1.85 to $31.15.

For more details of market activities see – VM Investments & Wisynco still in demand.

10 JSE stocks fall 9 rise – Thursday

January 11, 2018 by IC Insider.com

Trading on the Main Market of the Jamaica Stock Exchange ended on Thursday with more prices rising and less falling than on Wednesday leading to the JSE All Jamaican Composite Index dropping 2,332.02 points to 312,808.10 and the JSE Index dived 2,124.73 points to 285,003.54.
Main market activities ended with 8 stocks advanced, 10 declined and 8 traded firm as 26 securities traded down from 27 securities on Wednesday. Overall, trading resulted in 5,110,001 units exchanged with a value of $69,365,564 compared with 4,274,854 shares valued at $51,868,008 previously. Activity in the US dollar market ended with 2 securities trading result in 52,073 units exchanged, with a value of US$22,111.

Wisynco producers of Wata, traded 2.47 million shares on Thursday.

Victoria Mutual Investments and Wisynco Group continue to dominate trading with 3.57 million units changing hands versus 3.14 million on Wednesday.
The average trade ended at 196,539 units for $2,667,906, in contrast to 158,328 units for an average of $1,921,037 on Wednesday. The average volume and value for the month to date amounts to 312,593 units valued at 8,410,169 and previously 326,759 units valued at $9,212,851. December closed with average of 686,156 units valued at an average of $8,654,832 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with bids higher than their last selling prices and 4 with lower offers.
Activity in the US dollar market ended with Productivity Business closing at 55 cents with 31,673 shares traded and Proven Investments ordinary share exchanging 20,400 units with a rise of 1 cent to close at 23 US cents. The JSE US Equities Index closed up 3.69 points at 173.43.
The major movers at the close of the market are, Wisynco closed trading with 2.47 million shares with the price ending $10. Victoria Mutual Investments that was one of the leading volume trader for a number of days still remained in the number 2 spot with 1.1 million shares. Caribbean Cement dropped $1.95 to $32.05, Proven Investments ordinary share traded in Jamaica market at $26, up $1.

For more details of market activities see – Investors still love VM Investments & Wisynco.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Caribbean Cement, Daily Trading, Emerging markets, Jamaica Stock Exchange, Jamaican stocks, Trading Activity, Victoria Mutual Investments

VM Investments & Wisynco dominate again

January 10, 2018 by IC Insider.com

VM Investments volume falls, still number 2.

Investors’ appetite for the recently listed Victoria Mutual Investments and Wisynco Group fell on Wednesday in trading on Jamaica Stock Exchange with the prices declining by the close, but the stocks still dominated trading with the highest volume in the market.
At the close of trading, the JSE All Jamaican Composite Index advanced 760.62 points to 315,140.12 and the JSE Index climbed 693.01 points to 287,128.27 in spite of a negative advance decline ratio.
Market activity ended with 25 securities changing hands, of which 5 advanced, 18 declined, 4 traded firm. A total of 4,274,854 units valued at $51,868,008 traded on Wednesday.
In the main market activity, Barita Investments ended 7 cents higher at $8.66, with 4,351 stock units, Berger Paints closed with a loss of 20 cents at $17.80, with 415 shares, Cable & Wireless concluded trading 4 cents higher at $1.35, with 247,619 units, Carreras finished at $11.30, with 139,489 shares, Caribbean Cement settled with a loss of 1 cent at $34, with 13,524 shares. Grace Kennedy traded with a loss of 50 cents at $43, with 20,083 units, Jamaica Broilers finished trading with a loss of 10 cents at $17.90, with 5,148 shares, Jamaica Producers closed with a loss of 10 cents at $16.60, with 3,030 shares, Jamaica Stock Exchange ended at $7, with 161,816 stock units. JMMB Group concluded trading at $25, with 19,159 units, Kingston Wharves settled with a loss of 99 cents at $33, with 21,185 shares, Mayberry Investments ended trading with a loss of 20 cents at $7.20, with 31,959 stock units, NCB Financial Group traded with a loss of 17 cents at $99.63, with 90,780 units. 1834 Investments finished trading with a loss of 13 cents at $1.28, with 800 shares, Student Living concluded trading with a loss of 8 cents at $6, with 1,000 units. PanJam Investment ended with a loss of 50 cents at $41, with 73,255 stock units, Portland JSX concluded trading with a loss of 25 cents at $10.75, with 2,000 units, Pulse Investments finished with a loss of 20 cents at $2, with 53,218 shares. Radio Jamaica settled with a loss of 2 cents at $1.08, with 42,122 shares, Sagicor Group ended trading 51 cents higher at $36, with 81,110 stock units, Scotia Group finished trading $1.31 higher at $51.41, with 55,140 shares, Seprod concluded trading with a loss of 5 cents at $29.95, with 3,590 units. Supreme Ventures settled with a loss of 1 cent at $11.99, with 48,975 shares, VM Investments Limited ended trading with a loss of 7 cents at $3.91, with 704,278 stock units, Wisynco Group traded with a loss of 20 cents at $10, with 2,440,080 units and Sagicor Real Estate Fund finished trading 10 cents higher at $14.60, with 10,628 shares. In the main market preference segment, 138 Student Living variable rate shares finished at $5.68, with 100 shares trading.

Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “20 JSE stocks fell 5 rise – Wednesday.”

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Money Market Brokers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB, JMMB Group, Mayberry Investments, NCB Financial Group, PANJAM Investment, Pulse Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Seprod, Supreme Ventures, Trading Activity, Victoria Mutual Investments, Wisynco

20 JSE stocks fell 5 rise – Wednesday

January 10, 2018 by IC Insider.com

Trading on the Main Market of the Jamaica Stock Exchange ended on Wednesday with the JSE All Jamaican Composite Index advancing by 760.62 points to 315,140.12 and the JSE Index advanced by 693.01 points to close at 287,128.27 as 5 advanced, 18 declined and 4 traded firm.
Market activity ended with 27 securities changing hands, with 4,274,854 units valued at $51,868,008 compared to 9,412,814 units valued at $83,130,402 from 25 securities on Tuesday.
Market activity ended with 158,328 units for an average of $1,921,037 in contrast to 376,513 units for an average of $3,325,216 on Tuesday. The average volume and value for the month to date amounts to 326,759 units valued at $9,212,851 and previously 351,208 units valued at $10,451,084. December closed with average of 686,156 units valued at an average of $8,654,832 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with bids higher than their last selling prices and 5 with lower offers.
Activity in the US dollar market ended with Productivity Business closing with a loss of 2 cents at 55 cents with 1,500 shares traded and Proven Investments ordinary share, exchanging 2,530 units with a fall of 1 cent to close at 22 US cents, the total value of trading amounted to US$1,387. The JSE US Equities Index closed down 5.30 points at 169.74.
The major movers at the close of the market are, Wisynco closed trading with 2.44 million shares with the price ending $10, having retreated from a high of $13.80 shortly after trading. Caribbean Cement dropped $1 to $34, Kingston Wharves lost 99 cents to $33, Scotia Group gained $1.31 to $51.41. Victoria Mutual Investments that was one of the leading volume trader for a number of days still remained in the number 2 spot with 704,000 shares, down from well over 1 million units per day. The price of the two new listed companies have eased as demand abates and selling continues.