Main market falls on Wednesday

The Main Market of the Jamaica Stock Exchange indices, after jumping sharply by more than 6,000 points on Tuesday, lost some ground on Wednesday as the JSE All Jamaican Composite Index dropped 1,818.81 points to 312,823.97 and the JSE Index declined 1,657.14 points to 285,018.02.
Main and US market activities ended with 6 stocks rising, 11 declining and 12 trading firm as 29 securities traded versus 26 on Tuesday in the main market and 1 in the US market.
Main market activity ended with much lower volume than on Tuesday. A total of 2,074,587 shares valued at $32,079,634 traded at the close, in contrast to 3,559,954 shares valued at $75,487,760 on Tuesday.
Trading in the US dollar market ended with 22,200 units changing hands with a value of US$4,884. The JSE US Equities Index closed with a rise of 0.19 points to end at 171.26 with 1 ordinary stock trading.
Market activity resulted from Proven Investments trading 22,200 ordinary shares at 22 US cents.
Market activity ended with 74,092 units for an average of $1,145,701 in contrast to 136,921 units for an average of $2,903,375 on Tuesday. The average volume and value for the month to date amounts to 241,276 units valued at $5,727,239 and previously 252,112 units valued at $6,043,987. 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 6 stocks ended with bids higher than their last selling prices and 1 with a lower offer.
Major price changes saw, JMMB Group falling by $1 to $25, Kingston Wharves falling 78 cents to $32.78, PanJam Investment slipped 89 cents to $39 and Proven Investments Preference share falling 85 cents to $5.05.

For more details of market activities see – JSE volume down from Tuesday’s levels.

JSE volume down from Tuesday’s level

Trading on the main market activity ended on Wednesday was moderate with the highest volume traded of any stock being just over 386,000 units. At the close 28 securities changed hands, leading to trading of just 2,074,587 shares valued at $32,079,634.
Trading ended with the prices of 6 stocks rising, 11 declining and 11 trading firm leading to a sizable fall in the market indices.
While three stocks traded more than 1 million units the market ended with an average of 298,826 units at $5,879,625. At the close of the market the JSE All Jamaican Composite Index dropped 1,818.81 points to 312,823.97 and the JSE Index slipped 1,657.14 points to 285,018.02.
In main market activity, Berger Paints closed with a loss of 10 cents at $17.90, with 4,599 shares, Cable & Wireless concluded trading at $1.36, with 204,907 units, Carreras finished 12 cents higher at $11.37, with 144,663 shares, Caribbean Cement settled 50 cents higher at $32.60, with 6,925 shares, Ciboney Group ended trading at 21 cents, with 205,370 shares. Grace Kennedy traded with a loss of 25 cents at $42.75, with 107,908 stock units, Jamaica Broilers finished trading 25 cents higher at $18, with 2,800 units, Jamaica Producers closed at $15.50, with 126,000 shares, Jamaica Stock Exchange ended with a loss of 10 cents at $6.90, with 1,529 shares. JMMB Group concluded trading with a loss of 1 cent at $25, with 179,487 shares, Kingston Wharves settled with a loss of 78 cents at $32.72, with 100 units, Mayberry Investments ended trading with a loss of 10 cents at $5.95, with 9,667 shares, NCB Financial Group traded at $100, with 62,602 shares. 1834 Investments finished trading at $1.20, with 4,650 shares, PanJam Investment ended with a loss of 89 cents at $39, with 1,500 units, Pulse Investments finished $1.99 higher at $1.99, with 38,077 shares, Radio Jamaica settled with a loss of 3 cents at $1.05, with 21,988 shares. Sagicor Group ended trading with a loss of 25 cents at $35.50, with 40,188 stock units, Scotia Group finished trading at $52.95, with 74,200 shares, Sterling Investments ended at $13, with 100 shares, Supreme Ventures concluded trading 48 cents higher at $11.98, with 80,718 stock units. Victoria Mutual Investments Limited finished 6 cents higher at $4.11, with 182,030 units, Wisynco Group settled with a loss of 1 cent at $10.70, with 386,112 shares and Sagicor Real Estate Fund ended trading 64 cents higher at $14.50, with 70,447 shares. In the main market preference segment, Jamaica Money Market traded at $2, with 1,535 stock units, JMMB Group closed at $1.10, with 95,000 shares, 138 Student Living ended at $6, with 1,485 shares, Proven Investments settled with a loss of 85 cents at $5.05, with 20,000 units.
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 falls on Wednesday.”

Junior Market rises again on Tuesday

The Junior Market of the Jamaica Stock Exchange rose for the second day, in trading on Tuesday with the Junior Market Index advancing 21.05 points to close at 2,747.16 with 22 securities changing hands, versus 18 on Monday.
At the close of market activities, the prices of 8 securities advanced, 10 declined and 4 remained unchanged, trading ended with an exchange of 1,743,185 units valued at $9,048,340 changing hands, compared to 2,369,619 units valued at $9,249,191 on Monday.
Trading ended with an average of 79,236 units for an average of $407,859 in contrast to 131,646 units for an average of $513,844 on Monday. For the month to date an average of 101,859 shares valued at $400,678 and previously, an average of 103,318 shares valued at $400,214. December closed with an average of 568,732 units valued at $3,447,957 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ending with the bid higher than the last selling price and 3 with lower offers.
At the close of the market, AMG Packaging ended 5 cents higher at $2.60, with 89,579 stock units, CAC 2000 finished $1.10 higher at $8.40, with 20,800 shares, Cargo Handlers settled at $10, with 134 shares, Caribbean Cream ended trading at $5, with 10,785 shares, Caribbean Flavours traded with a loss of 50 cents at $11, with 6,922 stock units. Consolidated Bakeries closed 44 cents higher at $2.44, with 1,500 shares, Dolphin Cove finished 60 cents higher at $16.70, with 161,496 stock units, FosRich Group traded with a loss of 9 cents at $2.65, with 41,450 shares, General Accident finished trading 45 cents higher at $2.95, with 1,000 shares. GWest Corporation closed with a loss of 19 cents at $2.81, with 75,766 stock units, Honey Bun ended 5 cents higher at $4.15, with 12,000 units, ISP Finance finished at $12.08, with 4,114 shares, Jamaican Teas settled at $4.50, with 11,000 shares. Jetcon Corporation ended trading 5 cents higher at $4.05, with 84,600 stock units, KLE Group finished trading with a loss of 5 cents at $2.25, with 108,000 shares, Lasco Distributors ended with a loss of 10 cents at $3.60, with 697,680 shares, Lasco Financial concluded trading with a loss of 6 cents at $5.24, with 285,466 stock units. Lasco Manufacturing finished with a loss of 21 cents at $3.67, with 44,035 units, Main Event settled with a loss of 94 cents at $5.06, with 43,786 shares, Medical Disposables ended trading with a loss of 5 cents at $4.95, and 11,300 shares trading and Paramount Trading finished trading 48 cents higher at $3.48, with 642 stock units. In the junior market preference segment, Eppley 9.5% finished 5 cents higher at $7.25, with 35,000 shares trading.

Prices of securities trading for the day are those at which the last trade took place.

JSE volumes down as indices surge

Bulls pushing Jamaican stocks.

Market activity ended on Tuesday with 26 securities changing hands, leading to moderate trading of 3,559,954 shares valued at $75,487,760. At the close only 8 stocks enjoyed a rise in price, 12 declined and 7 traded firm leading to a big jump in the market indices.
While three stocks traded more than 1 million units the market ended with an average of 298,826 units at $5,879,625. At the close of the market the JSE All Jamaican Composite Index surged sharply by 6,707.14 points, to 314,642.78 and the JSE Index jumped 3by 6,110.96 points to 286,675.16.
In main market activity, Berger Paints closed at $18, with 9,302 shares, Cable & Wireless concluded trading 1 cent higher at $1.36, with 525,614 units, Carreras lost 5 cents to close at $11.25, with 179,362 shares, Caribbean Cement settled $1.60 higher at $32.10, with 97,095 shares, Grace Kennedy traded 13,820 stock units with a loss of 45 cents at $43. Jamaica Broilers finished trading with a loss of 25 cents at $17.75, with 138,809 units, Jamaica Producers closed with a loss of 50 cents at $15.50, with 28,920 shares, Jamaica Stock Exchange ended at $7, with 3,839 shares, JMMB Group concluded trading $1.50 higher to $26, with 25,215 shares. Kingston Wharves climbed $3 to end at $33.50, with 15,614 units, Mayberry Investments ended trading at $6.05, with 7,600 shares, NCB Financial Group traded 41 cents higher at $100, with 498,494 shares, 138 Student Living concluded trading at $6, with 140 shares trading, PanJam Investment ended with a loss of $1.36 at $39.89, after trading 64,174 units. Pulse Investments finished trading $1.99, with 26,916 shares changing hands, Radio Jamaica finished 3 cents higher at $1.08, with 114,894 shares, Sagicor Group settled with a loss of 25 cents at $35.75, exchanging 81,183 shares, Sagicor Real Estate Fund traded with a loss of 14 cents at $13.86, as 17,000 shares changed hands. Scotia Group traded $2.45 higher at $52.95, with 58,008 units, Seprod ended 69 cents higher at $29.50, with 401 shares. Supreme Ventures finished 50 cents higher at $11.50, with 1,560 units, Victoria Mutual Investments settled with a loss of 7 cents at $4.05, after 218,285 shares traded, Wisynco Group ended trading 1 cent higher at $10.71, with 334,820 shares and In the main market preference segment, Jamaica Money Market traded at $2, with 2,401 stock units, JMMB Group closed with a loss of 5 cents at $1.10, with 1,092,488 shares, Productivity Business preference share ended trading with a loss of $5 to $100, with 4,000 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 “Main market indices in big surge – Tuesday.”

Main market indices in big surge – Tuesday

Scotia Group jumped $2.45 to $52.95.

The main market of the Jamaica Stock Exchange indices, jumped sharply by more than 6,000 points on Tuesday, leading the JSE All Jamaican Composite Index to surge 6,707.14 points to 314,642.78 and the JSE Index jumping 6,110.96 points to 286,675.16.
Main and US market activities ended with 10 stocks rising, 11 declining and 6 trading firm as 27 securities traded versus 27 on Monday in the main market and 4 in the US market.
Main market activity ended with much lower volume than on Monday. A total of 3,559,954 shares valued at $75,487,760 traded at the close, in contrast to 8,068,298 shares valued at $158,749,884 on Monday.
Trading in the US dollar market ended with 91,568 units changing hands with a value of US$20,105. The JSE US Equities Index closed with a loss of 0.19 points to end at 171.07 with 1 ordinary stock trading.
Market activity resulted from Proven Investments trading 91,568 ordinary shares at 22 US cents.
Trading ended with an average of 136,921 units for an average of $2,903,375 in contrast to 298,826 units for an average of $5,879,625 on Monday. The average volume and value for the month to date amounts to 259,489 units valued at $6,259,438 and previously 256,686 units valued at $6,288,571. 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 6 stocks ended with bids higher than their last selling prices and 1 with a lower offer.
The major movers at the close of the market are, JMMB Group 7.5% preference share was the only stock trading over 1 million units, ending with 1.09 million shares.
Major price changes saw, Caribbean Cement gained $1.60 to $32.10, JMMB Group rose $1.50 to close at $26, Kingston Wharves climbed $3 to $33.50, PanJam Investment slipped by $1.36 to $39.89, Scotia Group added $2.45 to $52.95 and Productivity Business dropped $5 to end at $100.

For more details of market activities see – JSE volumes down as indices surge.

Main market in sharp fall – Monday

Prices mostly tumbled on the Main Market of the Jamaica Stock Exchange on Monday leading to the JSE All Jamaican Composite Index dived 3,788.87 points to 307,935.64 and the JSE Index dropped 3,452.09 points to 280,564.20.
Main and US market activities ended with 8 stocks rising, 12 declining and 11 trading firm as 27 securities traded versus 22 on Friday in the main market and 4 in the US market.
Market activity ended with 8,068,298 shares valued at $158,749,884, in contrast to 5,850,045 shares valued at $76,630,033 on Friday.
Trading in the US dollar market ended with 6,120 units changing hands with a value of US$11,012. The JSE US Equities Index closed with a gain of 2.51 points to end at 171.26 with 1 ordinary stock rising and 1 in the preference market declining.
Market activity resulted from JMMB 6% preference shares falling 2 cents in ending at US$1.08 with 2,000 stock units, Margaritaville rose 5 cents, concluding trading of 1,750 units at 25 US cents, Productivity Business finished trading at 55 US cents with 870 shares and Proven Investments trading 1,500 ordinary shares at 22 US cents.
Trading ended with an average of 298,826 units for an average of $5,879,625 in contrast to 265,911 units for an average of $3,483,183 on Friday. 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,

Caribbean Cement dropped $4.50 to $30.50 on Monday.

the Investor’s Choice bid-offer indicator reading shows 6 stocks ended with bids higher than their last selling prices and 1 with a lower offer.
The major movers at the close of the market are, Cable & Wireless with 1.2 million units, Jamaica Producers with 2 million shares and Wisynco Group exchanged 1.1 million units.
Price changes saw, Caribbean Cement dropped $4.50 to $30.50, JMMB Group falling $1.50 to close at $24.50, Kingston Wharves dropped $3 to $30.50, Sagicor Group gained $1 to end at $36 and Seprod fell $1.19 to close at $28.81.

For more details of market activities see – Trading picks up on JSE but prices dip.

Trading picks up on JSE but prices dip

Jamaica Producers traded 2 million shares.

Market activity ended on Monday with 27 securities changing hands, leading to robust trading of 8,068,298 shares valued at $158,749,884. At the close only 8 stocks enjoyed a rise in price, 11 declined and 8 traded firm.
While three stocks traded more than 1 million units the market ended with an average of 298,826 units at $5,879,625. At the close of the market the JSE All Jamaican Composite Index dropped sharply by 3,788.87 points to 307,935.64 and the JSE Index dived 3,452.09 points to 280,564.20.
In main market activity, Barita Investments ended with a loss of 40 cents at $7.50, with 500 stock units, Berger Paints closed at $18, with 595,022 shares, Cable & Wireless concluded trading at $1.35, with 1,198,425 units, Carreras finished with a loss of 7 cents at $11.30, with 90,743 shares, Caribbean Cement plunged $4.50 to $30.50, with 100,300 shares trading. Ciboney Group ended trading with a loss of 7 cents at 27 cents, with 5,000 shares, Grace Kennedy traded at $43.45, with 291,775 stock units, Jamaica Broilers finished trading 50 cents higher at $18, with 529,600 units, Jamaica Producers closed with a loss of 50 cents at $16, with 2,009,809 shares. JMMB Group concluded trading with a loss of 1.5 cents at $24.50, with 71,211 shares, Kingston Wharves settled with a loss of $3 at $30.50, with 1,486 units, Mayberry Investments ended trading at $6.05, with 38,000 shares, NCB Financial Group traded with a loss of 21 cents at $99.59, with 259,556 shares. 1834 Investments finished trading at $1.20, with 12,919 shares, PanJam Investment ended at $41.25, with 8,108 units, Portland JSX concluded trading 30 cents higher at $11, with 2,000 shares, Pulse Investments finished 9 cents higher at $1.99, trading 8,084 shares. Radio Jamaica settled with a loss of 5 cents at $1.05, with 9,046 shares, Sagicor Group ended trading $1 higher at $36, with 676,952 stock units, Sagicor Real Estate Fund ended trading at $14, with 5,962 shares, Salada Foods traded at $12.50, with 1,735 units, Scotia Group finished trading 50 cents higher at $50.50, with 465,642 shares. Seprod closed with a loss of $1.19 at $28.81, with 874 shares, Supreme Ventures concluded trading with a loss of 25 cents at $11, with 77,665 stock units, VM Investments Limited finished 12 cents higher at $4.12, with 470,256 units and Wisynco Group settled 5 cents higher at $10.70, with 1,127,628 shares. In the main market preference segment, Jamaica Money Market traded at $2, with 10,000 stock units changing hands.

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 in sharp fall – Monday.”

Junior Market rose on Monday

Trading on the Junior Market of the Jamaica Stock Exchange ended on Monday with the market Index advancing 28.59 points to close at 2,726.11 as 18 securities changed hands, just a few less that the 21 that traded on Friday.
At the close of market activities, the prices of 8 securities advanced, 4 declined and 6 remained unchanged, trading ended with an exchange of 2,369,619 units valued at $9,249,191 changing hands, compared to 2,964,625 units valued at $9,024,979 on Friday.
Recent Junior Market listing, GWest Corporation that dominated trading on Friday with 2.2 million shares, again had the largest volume trading with 1.22 million units on Monday, accounting for 52 percent of trading, down from 76 percent on Friday.
Trading ended with an average of 131,646 units for an average of $513,844 in contrast to 141,173 units for an average of $429,761 on Friday. For the month to date an average of 103,318 shares valued at $400,214 and previously, an average of 111,699 shares valued at $393,882. December closed with an average of 568,732 units valued at $3,447,957 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ending with the bid higher than the last selling price and 4 with lower offers.
At the close of the market, Access Financial closed 1 cent higher at $42.01, with 10,650 shares, Caribbean Cream ended trading at $5, with 19,300 shares after trading at an intraday low of $4.70. Caribbean Producers finished trading at $4.30, with 62,533 units, Eppley ordinary share settled at $11, with 5,000 units, Express Catering ended trading 21 cents higher at $4.41, with 58,323 shares. FosRich Group traded 14 cents higher at $2.74, with 47,495 shares, GWest Corporation closed 19 cents higher at $3, with 1,223,571 stock units, Honey Bun ended with a loss of 5 cents at $4.10, trading 50,520 units, ISP Finance finished at $12.08, with 7,129 shares. Jetcon Corporation ended trading with a loss of 1 cent at $4, with 26,936 stock units, Knutsford Express closed at $15, with 6,000 shares, Lasco Distributors ended 25 cents higher at $3.70, with 234,890 shares, Lasco Financial concluded trading 5 cents higher at $5.30, with 576,738 stock units. Lasco Manufacturing finished 39 cents higher at $3.88, with 23,372 units, Medical Disposables ended trading 5 cents higher at $5, with 500 shares, Stationery and Office finished trading at $4.80, with 9,000 stock units and tTech ended with a loss of 38 cents at $6, with 7,562 shares trading. In the junior market preference segment, Eppley 8.25% concluded trading at $5.45, with 100 units.

Prices of securities trading for the day are those at which the last trade took place.

Buying of VM Investments & Wisynco eases

JMMB Group 7.5% preference shares was the most traded stock on the JSE on Friday.

Demand for shares in newly listed Victoria Mutual Investments and Wisynco Group slipped back in trading on the main market of the Jamaica Stock Exchange on Friday to under 1 million units combined and thy fell to 5th and 6th spots in volumes traded.
Market activity ended on Friday with 22 securities changing hands from 29 on Thursday, of which 9 advanced, 11 declined an 5 traded firm leading to Market activity ended with 5,850,045 shares valued at $76,630,033 changing hands.
At the close of the market the JSE All Jamaican Composite Index declined by 26.30 points to 311,724.51 and the JSE Index fell by 23.96 points to 284,016.29.
In main market activity, Cable & Wireless concluded trading 3 cents higher at $1.35, with 717,043 units, Carreras finished 7 cents higher at $11.37, with 89,636 shares,Caribbean Cement settled at $35, with 1,500 shares, Grace Kennedy traded at $43.45, with 3,391 stock units, Jamaica Broilers finished trading with a loss of 2 cents at $17.50, with 230,169 units. Jamaica Producers closed with a loss of $1.50 at $16.50, with 12,700 shares, Jamaica Stock Exchange ended at $7, with 24,145 shares,
JMMB Group concluded trading $1 higher at $26, with 35,219 shares trading, Kingston Properties finished 1 cent higher at $6.01, with 2,444 stock units. Kingston Wharves jumped $3.42 to $33.50, with 1,016 units, Mayberry Investments ended trading 28 cents higher at $6.05, with 51,446 shares, NCB Financial Group traded at $99.80, with 59,009 shares, 1834 Investments finished trading 5 cents higher at $1.20, with 4,504 shares. Radio Jamaica rose 5 cents to close at $1.10, with 5,000 shares, Sagicor Group ended trading with a loss of 50 cents at $35, with 311,149 stock units, Salada Foods traded $1.50 higher at $12.50, with 220 units, Scotia Group finished trading with a loss of $2.99 to close at $50, with 637,638 shares. Seprod closed with a rise of $1.50 to $30, with 6,597 shares, Supreme Ventures concluded trading 25 cents higher at $11.25, with 1,101,640 stock units, VM Investments Limited finished with a loss of 10 cents at $4, with 462,166 units and Wisynco Group settled 15 cents higher at $10.65, with 433,313 shares. In the main market preference segment, JMMB Group 7.5% closed with a loss of 3 cents at $1.15, with 1,660,100 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 almost steady – Friday.”

Main market almost steady – Friday

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.