The main market Jamaica Stock Exchange, closed higher at the end of trading on Thursday for the 4th day in a row, with stock prices being mixed, with the advance decline ratio ending slightly negative.
At the close, the all Jamaican Composite Index rose 1,055.77 points to 323,616.87 and the JSE Index climbed 961.92 points to end at 294,851.55.
Trading closed with 32 securities changing hands, up from 28 on Wednesday, leading to 9 advancing, 12 declining and 11 trading firm, in the main and US dollar markets. Securities closing with sizable price changes include, Grace Kennedy lost $1 to end at $49, Jamaica Broilers fell $1 to $19, JMMB Group added $1 to $26, Portland JSX dropped $1 to $8.50 and Scotia Group fell $2 to $52.
Main market activity ended with 6,093,417 units valued at $73,742,131 compared to 71,072,740 units valued at $6,270,318,116 changing hands on Wednesday. Ciboney Group closed with 1,458,766 units accounting for 23.94 percent followed by Jamaica Broilers with 1,366,225 units and 22.42 percent of the volume for the day and Wisynco Group with 673,050 units or 11.05 percent of the day’s volume.
Trading resulted in an average of 210,118 shares valued at $2,542,832 for each security traded, compared to 2,450,784 shares valued at $216,217,866 on Wednesday. For the month to date an average of 674,192 units with an average value at $23,762,597 traded, compared to 706,388 units with an average value at $25,336,441 changing hands on the previous trading day. In contrast, February closed with average of only 213,336 units valued at $3,392,475 for each security traded.
Trading in the US dollar market on Thursday, ended with 190,139 units valued at $57,528 changing hands with JMMB Group 5.75% US dollar preference share contributing 13,000 units at US$1.50, Margaritaville gained 5 US cents to close at 25 US cents with 400 units trading and Proven Investments had 176,739 units trading at 22 US cents, leaving the market index at 169.16.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with bids higher than their last selling prices and 1 with a lower offer.
For more details of market activities see – Moderate JSE main market trading – Thursday.
More stocks prices fall than rise – Tuesday
NCB traded 2 million shares on Tuesday.
The prices of more stocks fell on Tuesday than rising, but the Jamaica Stock Exchange ended with moderate gains in the two major indices.
At the close, the all Jamaican Composite Index rose 503.78 points to 321,663.25 and the JSE Index climbed 459 points to 293,071.59.
Trading closed with 28 securities changing hands, down from 26 on Monday, leading to 10 advancing, 13 declining and 5 trading firm, in the main and US dollar markets. Securities closing with sizable price changes include, Berger Paints rising $1.50 to $17.95, Caribbean Cement that settled $1.36 higher at $33.56, Grace Kennedy gaining $1 to end at $51, NCB Financial Group rising $1 to $99, Salada Foods declining $1.33 to $10.72 and Scotia Group with a fall of $2 to $52.
Main market activity ended with 5,286,653 units valued at $240,796,595 compared to 6,657,188 units valued at $155,508,071 changing hands on Monday. NCB Financial Group closed with 2,044,781 units representing 38.68 percent of traded shares followed by Victoria Mutual Investments with 907,199 units with 17.16 percent of shares traded and Radio Jamaica with 569,681 units for 10.78 percent of the day’s volume trading.
Trading results in an average of 195,802 shares valued at $8,918,392 for each security traded, compared to 277,383 shares valued at $6,479,503 on Monday. For the month to date an average of 576,343 units with an average value at 10,044,835 traded, compared to 604,726 units with an average value at 10,135,623 traded on the previous trading day. In contrast, February closed with average of only 213,336 units valued at $3,392,475 for each security traded.
Trading in the US dollar market on Tuesday ended with Margaritaville concluded trading at 20 US cents with 1,803 units, and the market index rising 0.03 points to close at 169.16.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and 2 with a lower offer.
For more details of market activities see – JSE main market rise again – Tuesday.
4,700 points drop for JSE – Thursday
Investors chopped 4,700.74 points off the Jamaica Stock Exchange all Jamaican Composite Index to end at 319,507.99 and slashed 4,282.91 points off of the JSE Index to close at 291,107.90 in main Market trading on Thursday with a ratio of 5 stocks rising to 1 falling.
Trading closed with 29 securities changing hands, leading to only 3 advancing, 14 declining and 12 trading firm, in the main and US dollar markets. A few securities closed with sizable price changes as NCB Financial Group fell 99 cents to $98.50, Sagicor Group declined 90 cents to $35.60 and Scotia Group lost $2 to $54.
Main market activity ended with 14,969,349 units valued at $264,028,466 changing hands, versus 99,164,384 units valued at $151,125,249 on Wednesday.
Wisynco Group closed with 9,043,043 units and accounted for 60.41 percent of traded shares, Supreme Ventures with 1,767,895 units amounted to 11.81 percent of trading and NCB Financial Group with 5.97 percent of trades with 893,212 units.
Trading results in an average of 516,184 shares valued at $9,104,430 for each security traded, compared to 366,575 shares valued at $6,045,010 on Wednesday. For the month to date an average of 668,629 units with an average value at 11,259,206 traded, compared to 684,251 units with an average value at 11,503,301 traded on the previous trading day. In contrast, February closed with average of only 213,336 units valued at $3,392,475 for each security traded.
There was no trading in the US dollar market on Thursday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ended with bids higher than their last selling prices and 2 with a lower offer.
For more details of market activities see – Investor bids $1,300 for Palace shares – Thursday.
JSE climbs as Palace jumps $540 – Wednesday
The Main Market of the Jamaica Stock Exchange ended trading on Wednesday as the JSE All Jamaican Composite Index climbed 1,227.13 points to 324,208.73 and the JSE Index advanced by 1,118.05 points to 295,390.81 with 5 stocks rising to 1 falling.
Trading on Wednesday closed with 25 securities changing hands, leading to 15 advancing, 3 declining and 6 trading firm, in the main and US dollar markets. Only a few securities closed with sizable price changes as Grace Kennedy jumped $6.40 to $52 and Palace Amusement leapt $540 to close at $1,100 and NCB Financial Group rose $1.29 to $99.49.
Main market activity ended with 9,164,384 units valued at $151,125,249 changing hands, versus 9,664,260 units valued at over $708,128,861 on Tuesday.
Jamaica Producers Group closed with 3,598,442 units and accounted for 39.27 percent shares traded in the main market, followed by Wisynco Group with 2,127,214 units and 23.21 percent of traded shares and Carreras with 1,243,617 units, 13.57 percent of trades.
Trading results in an average of 366,575 shares valued at $6,045,010 for each security traded, compared to 402,678 shares valued at $29,505,369 on Tuesday. For the month to date an average of 684,251 units with an average value at 11,503,301 traded, compared to 715,033 units with an average value at $12,094,025 traded on the previous trading day. In contrast, February closed with average of 213,336 units valued at $3,392,475 for each security traded.
There was no trading in the US dollar market on Wednesday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 4 with a lower offer.
For more details of market activities see – Black Panther helps push Palace to $1,100 – Wednesday
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Scotia pushes JSE to record close – Monday
The Main Market of the Jamaica Stock Exchange ended trading at record close on Monday with Scotia Group climbing to $57 being the main factor behind the rally along with several others that rose.
Scotia Group rise follows the release of first quarter results showing increased profit flowing mainly from gains from sale of CrediScotia operations and major savings from reduced loan loss provision.
At the close of trading, the JSE All Jamaican Composite Index jumped 2,831.01 points to a record close of 324,564.99 and the JSE Index shot up by 2,579.37 points to 295,715.40. Trading on Friday closed with 28 securities changing hands, leading to 11 advancing, 10 declining and 6 trading firm, in the main and US dollar markets. There was a big $3 rise in Scotia Group, Barita Investments rose 90 cents to close at $9, ScotiaGroup closed with a rise of $3 to $57 & pushed the JSE a record close.
Trading resulted in only a few securities with the large price changes at the close.
Grace Kennedy gained 70 cents to $45.50 and Supreme Ventures closed with a rise of 60 cents to $12.50.
Main market activity ended with 5,874,620 units valued at over $102,596,766 changing hands, versus 6,404,825 units valued at $87,957,828 on Friday. Wisynco Group closed with 1,470,306 units accounting for 25.03 percent of the day’s trades with 1,362,000 units and 21.27 percent of shares traded, followed by Jamaica Broilers with 976,153 shares with 14.9 percent of traded shares and Victoria Mutual Investments with 640,453 units for 10.9 percent of volume traded on Monday.
Trading results in an average of 267,028 shares valued at 4,663,489 for each security traded, compared to 237,216 shares valued at 3,257,697 on Friday.
For the month to date an average of 747,070 units with an average value at $10,075,319 traded, compared to 796,886 units with an average value at $10,718,888 traded on the previous trading day.In contrast, February closed with average of 213,336 units valued at $3,392,475 for each security traded.Trading in the US dollar market ended with Proven Investments concluded trading with a rise of 0.10 cents at 22 US cents with 2,900 units changing hands and JMMB Group 6% USD preference shares close with 900 units trading resulting in 3,800 units valued at $1,524, as the market index rose 2.47 points to close at 167.86.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and 3 with a lower offer.
For more details of market activities see – JSE erases October record close – Monday.
Scotia pushes JSE to intraday record – Friday
The Main Market of the Jamaica Stock Exchange traded in record territory on Friday with The market is trading at a record intraday high, for the all Jamaica Index of 325,588.39 having risen 6,583.63 points at 10.27 in the morning session while the main market index jumped 5,998.43 points to 296,647.83.
A rise in the price of Scotia Group up to $58 in the mid-morning session from a close of $52 on Thursday was the major factor in the big surge in the indices. The gain in the price followed the release of first quarter results showing increased profit flowing mainly from gains from sale of CrediScotia operations and major savings from reduced loan loss provisioning but with no growth in the critical loan portfolio. At the end of trading Scotia Group closed at $54.
At the close of trading, the JSE All Jamaican Composite Index jumped 2,729.22 points to 321,733.98 and the JSE Index shot up by 2,486.63 points to 293,136.03. Trading on Thursday closed with 28 securities changing hands, leading to 11 advancing, 10 declining and 6 trading firm, in the main and US dollar markets.
Scotia Group traded as high as $58 on Friday
Trading resulted in only five securities with the large price changes at the close. Kingston Wharves added $1.38 to move back to $40, PanJam Investment fell 95 cents to $41, Sagicor Real Estate Fund fell $1.99 to $15, Scotia Group rose $1.99 and Seprod dipped $1.99 to $30.01.
Main market activity ended with 6,404,825 units valued at $87,957,828 changing hands, versus 4,885,315 units valued at $99,343,789 on Thursday.
Ciboney Group closed with 1,362,000 units and 21.27 percent of shares traded, followed by Jamaica Producers with 1,101,566 units amounting to 17.20 45 percent of the day’s trades and Carreras with 798,192 units and 12.46 percent of volume traded on Friday.
Trading results in an average of 237,216 shares valued at 3,257,697 for each security traded, compared to 195,413 shares valued at 3,973,752 on Thursday. For the month to date an average of 796,886 units with an average value at $10,718,888 traded, compared to 878,567 units with an average value at $11,993,901 traded on the previous trading day. In contrast, February closed with average of 213,336 units valued at $3,392,475 for each security traded.
Trading in the US dollar market ended with Proven Investments concluded trading with a loss of 0.50 cents at 21 US cents with 260,631 units valued US$54,745 changing hands as the market index closed at 165.39 with a fall of 2.33 points.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with bids higher than their last selling prices and 8 with a lower offer.
For more details of market activities see – Big advantage to falling JSE stocks – Friday.
JSE main market pulls back – Thursday
The Main Market of the Jamaica Stock Exchange closed sharply lower on Thursday as the market continues to be pressured by the upper end of the channel the market is trading within, that has constrained the movement from a sustained breakout, since late 2015.
At the close of trading, the JSE All Jamaican Composite Index dived 2,096.36 points to end at 319,004.76 and the JSE Index dropped 1,910.02 points to 290,649.40. Trading on Thursday closed with 26 securities changing hands, leading to 11 advancing, 10 declining and 6 trading firm, in the main and US dollar markets.
Trading saw a number of securities with the large price changes at the close. Caribbean Cement ended with a gain of $1.50 to $35, Grace Kennedy dropped back $10.20 to $44.80 after closing at a record high of $55 on Wednesday. Jamaica Producers dropped $1.99 to end at $15, Kingston Wharves lost $1.38 to $38.62 and Salada Foods climbed $1.55 to $12.05. 
Scotia Group added 75 cents to close at $52, but released the first quarter results to January, showing increased profit flowing mainly from gains on sale of CrediScotia and major savings, from reduced loan loss provisioning. This stock is one to watch, when trading resumes on Friday.
Main market activity ended with 4,885,315 units valued at $99,343,789 changing hands, versus 5,151,580 units valued at $52,948,353 on Wednesday.
Wisynco Group closed with 29.38 percent of shares traded, with 1,435,099 units followed by Victoria Mutual Investments accounted for 754,989 units or 15.45 percent of the day’s trades and Caribbean Cement with 621,412 units 12.72 percent of the day’s trades.
Trading results in an average of 195,413 shares valued at $3,973,752 for each security traded, compared to 183,985 shares valued at $1,891,013 on Wednesday. 
For the month to date an average of 878,567 units with an average value at $11,993,901 traded, compared to 1,185,335 units with an average value at $16,782,174 traded on the previous trading day. In contrast, February closed with average of 213,336 units valued at $3,392,475 for each security traded.
Trading in the US dollar market ended with Proven Investments concluded trading at 21.50 US cents with 6,000 units valued $1,290 changing hands as the market index closed at 167.72.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 4 with a lower offer.
For more details of market activities see – Grace pulls back $10.20 to $44.80 – Thursday.
JSE main market highest since October
The Main Market of the Jamaica Stock Exchange closed higher for the third consecutive day at the close of trading on Tuesday and putting the JSE All Jamaican Composite Index to the highest level since it peaked at 323,606 points in October last year.
The market closed with the JSE All Jamaican Composite Index (AJI) climbing 1,526.21 points to 321,783.85 and the JSE Index adding 1,390.55 points to 293,181.47 as the market continues to flirt with the upper resistance line of a long term channel with technical signals suggesting that it will continue to creep slowly upwards to the 330,000 points level on the AJI where some resistance lies, but it seems poised to break out thereafter sharply upwards. First quarter results for 2018 will be critical for such a break.
Trading on Tuesday closed with 29 securities changing hands, leading to 10 advancing, 9 declining and 10 trading firm, in the main and US dollar markets.
Berger Paints traded most shares with price falling $2.07 to $17.
The securities with the largest price changes include, Berger Paints ending with a loss of $2.07 to $17, following release of audited nine months results showing a reduction in earnings at 81 cents compared to $1.17 for the same period in 2016 but with the 2017 figures being hit by a large sum incurred to provide the directors recommendation to shareholders following the takeover offer for the shares and JMMB Group added $1.49 to end at $26.49.
Main market activity ended with 10,582,771 units valued at $143,248,381 changing hands, versus 4,116,289 units valued at$49,819,783 on Monday. Berger Paints accounted for 2,492,575 units and 23.55 percent of total shares traded followed by Wisynco Group with 2,449,787 units with 23.15 percent of total volume traded and Victoria Mutual Investments with 1,963,833 units or 18.56 percent of the day’s trades and Sagicor Bank 7.75% preference share ended trading with 1,351,850 shares.
Trading results in an average of 391,954 shares valued at $5,305,496 for each security traded, sharply down on the 158,319 shares valued at $1,916,145 on Monday.
For the month to date an average of 1,452,362 units with an average value at $16,597,564 traded, compared to 1,819,426 units with an average value at $20,506,358 traded on the previous trading day. In contrast, February closed with average of 213,336 units valued at $3,392,475 for each security traded.Trading in the US dollar market ended with Productive Business Solution exchanging 5,800 shares at 58 US cents after dropping by 2 cents and Proven Investments concluded trading at 21.1 US cents, down from 21.50 cents with 490,191 units changing hands. The market closed with a total of 495,991 shares with a value of US$106,780 as the market index slipped 3.71 points to 165.85.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 1 with a lower offer.
For more details of market activities see – JSE adds 4,453 points in 3 days – Tuesday.
JSE main market sharply higher – Monday
Bulls may be lurching to pounce on Jamaican stocks.
The Main Market of the Jamaica Stock Exchange closed sharply higher at the close of trading on Monday, with advancing stocks just edging out declining ones.
The market closed with the JSE All Jamaican Composite Index surging 2,130.17 points to 320,257.64 and the JSE Index adding 1,940.83 points to 291,790.92 as the market continues to flirt with the upper resistance line of a long term channel.
Trading on Monday closed with 26 securities changing hands, leading to 10 advancing, 8 declining and 8 trading firm, in the main and US dollar markets. There was no trading in the US dollar market at the close on Monday.
The securities with the largest price changes include, Grace Kennedy losing $2 to close at $44, JMMB Group that fell $1 to $25. Kingston Wharves lost $2.25 to end at $39.75, Sterling Investments gained $1 to $14 and Victoria Mutual Investments climbed 40 cents to a new high of $4.85 while trading the most shares for the day.
Main market activity ended with 4,116,289 units valued at $49,819,783 compared to 115,025,659 units valued at $1,171,809,500 on Friday. 
Victoria Mutual Investments accounted for 2,484,967 units and 60.4 percent of total shares traded followed by Wisynco Group with 525,358 units with 12.76 percent of total volume traded and Kingston Wharves with 298,752 units or 7.26 percent of the day’s trades.
Trading results in an average of 158,319 shares valued at $1,916,145 for each security traded, sharply down on the 4,424,064 shares valued at $45,069,596 on Friday. For the month to date an average of 1,819,426 units with an average value at $20,506,358 traded, compared to 2,649,980 units valued at $29,801,464 traded on the previous trading day. In contrast, February closed with average of 213,336 units valued at $3,392,475 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 1 with a lower offer.
For more details of market activities see – VM Investments dominates JSE’s Monday trading.
Mahfood family sold over 111.8m Wisynco shares
Wisynco had the largest trades on Friday.
Mahfood advised that when the family took the decision to go public the intension was to have sold 4 percent of the share the company to the public by way of new shares and 19 percent of the existing shares. Ahead of the initial offering a decision was made to sell only 20 percent of the company to the public with the balance to be sold after.
The sale of the shares on Friday was full filling the original decision taken which reduces Wisynco Group Caribbean Ltd holdings to just over 74 percent of the total shares issued or 2.776 billion units. Mahfood says there are no plans to sell any more shares.