Stock prices mostly fell for the second consecutive day in trading on the Main Market of the Jamaica Stock Exchange on Wednesday with 23 securities changing hands, 8 advanced, 10 declined and 3 traded firm
The main market with 8,130,384 units valued at $56,308,791 compared to 17,396,748 units valued at $218,089,928 on Tuesday. The US dollar market traded just 3 securities accounting for 15,319 units valued at just US$14,671 while the market index fell 12.29 points to close at 166.33.
The JSE All Jamaican Composite Index dived by 2,309.99 points to close at 317,033.63 and the JSE Index dropped 2,104.66 points to close at 288,853.50.
Trading ended with an average of 353,495 units for an average of $2,448,208 in contrast to 756,380 units for an average of $9,482,171 on Tuesday. The average volume and value for the month to date amounts to 307,065 units valued at $3,786,627 with an average value of 302,442 units valued at $3,919,890 previously. In contrast, October closed with average of 185,251 units valued at $16,528,582 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and 1 with a lower offer.
At the close of trading, Berger Paints fell $1.25, Grace Kennedy rose $1.50, PanJam Investment fell by $1, Sagicor Group rose $3.40 and Scotia Group rose $1.
Profit taking hits majors – Tuesday
NCB Financial Group dropped $3 to help pull JSE down.
With most companies having reported earnings for the third quarter the Main Market of the Jamaica Stock Exchange failed to be inspire investors to buy into the stocks aggressively, leading profit taking in a number of stocks on Tuesday, with prices mostly falling.
At the end of trading to market closed with a total of 23 securities changing hands with 5 advancing, 11 declining and 7 traded firm as 17,396,748 units valued at $218,089,928 changed hands.
Market activity concluded with a fall in the All Jamaican Composite Index by 1,833.47 points to 319,343.62 and a dip in the JSE Index by 1,670.50 points to close at 290,958.16.
In market activity, Barita Investments finished with a loss of 55 cents to end at $8.30, in exchanging 5,860 units, Berger Paints closed $1.25 higher at $16.25, with 30,850 shares, Cable & Wireless settled 3 cents higher at $1.08, with 1,502,200 shares. 
Carreras closed with a loss of 50 cents at $11, trading 130,758 units, Grace Kennedy settled with a loss of 51 cents at $41.50, with 51,585 shares, Jamaica Broilers ended at $18.50, with 16,125 stock units, Jamaica Producers concluded trading with a loss of 45 cents at $15.10, with 26,605 units. Jamaica Stock Exchange fell 10 cents to $6.80, with 14,785 shares, JMMB Group concluded trading 10 cents higher at $29, with 39,907 shares, Kingston Properties traded 6,096 stock units at $8, Kingston Wharves concluded trading at $33, with 9,767 units. Mayberry Investments traded 50 cents higher at $5.50, with 236,821 shares, NCB Financial Group dropped $3 to $104, with 79,253 shares, 1834 Investments concluded trading with a loss of 7 cents at $1.41, with 115,372 stock units, 138 Student Living ended trading at $6, with 10,000 shares, 
PanJam Investment finished trading 50 cents higher at $43, with 20,683 units, Pulse Investments finished with a loss of 20 cents at $1.80, exchanging 8,688 shares. Sagicor Group traded 1,145,023 units with a loss of $2.90 to end at $34.60, Sagicor Real Estate Fund concluded trading with a loss of 35 cents at $15.45, with 17,074 shares, Scotia Group finished with a loss of 50 cents at $51, with 84,315 stock units, Seprod finished at $30, with 3,792 units and Supreme Ventures traded 13,741,689 shares to settled at $11.80. In the main market preference segment, Jamaica Money Market Brokers finished trading at $1.85 with 99,500 stock units and in the US equity market, Proven Investments traded 1,369 ordinary shares and lost 1 US cents to end at 22 US cents.
Prices of securities trading for the day are those at which the last trade took place.
Junior Market drops
The Junior Market Index declined by 28.05 points, to close at 2,948.78 on Tuesday with 22 securities changing hands, the same numbers as on Monday.
At the close, the prices of 5 securities gained, 7 declines and 10 remained unchanged. Market activity resulted in an exchange of 1,809,393 units valued at $9,170,104, compared to 1,906,761 units valued at $16,655,143 on Monday.
Trading ended with an average of 82,245 units for an average of $416,823 in contrast to 86,671 units for an average of $757,052 on Monday. The average volume and value for the month to date amounts to $64,720 units valued at 356,129 and an average of 62,529 units valued at $348,543 previously. In contrast, October closed with a slightly higher average of 74,690 units valued at $362,548, 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 2 with lower offers.
At the close of the market, Access Financial ended trading 51 cents higher at $43.01, with 5,000 shares, AMG Packaging ended trading with a loss of 15 cents at $3, with 7,538 stock units, CAC 2000 finished trading with a loss of 40 cents at $6.50, with 21,110 shares, Caribbean Producers ended trading 20 cents higher at $3.85, with 202,809 units, Derrimon Trading traded at $7, with 14,000 shares. Express Catering settled with a loss of 3 cents at $4.55, with 5,046 stock units, Eppley concluded trading $1 higher at $12.50, with 61,000 units, Honey Bun finished trading at $4.80, with 2,382 shares, Jamaican Teas ended trading at $4, with 27,675 units. Jetcon Corporation traded with a loss of 30 cents at $4.50, with 47,131 shares, 
Knutsford Express closed at $12.20, with 26,259 shares, Key Insurance settled at $3.99, with 9,429 stock units, KLE Group finished trading at $2.50, with 880 units. Caribbean Cream ended trading 2 cents higher at $5.62, with 1,070 shares, Lasco Distributors concluded trading with a loss of 95 cents at $5, with 153,244 shares, Lasco Financial ended trading at $4.90, with 763,065 stock units, Lasco Manufacturing finished trading with a loss of 7 cents at $4.05, with 23,602 units. Medical Disposables traded at $5.20, with 69,250 shares, Main Event ended at $5.80, with 4,441 shares, Paramount Trading jumped 69 cents to $3.99, with 341,058 units trading, Stationery and Office finished at $5, with 21,764 stock units and tTech traded with a loss of 7 cents at $7, with 1,640 shares.
Prices of securities trading for the day are those at which the last trade took place.
JSE main market stocks tumble
All Jamaica Composite index broken out of channel but facing some headwinds before it moves away from the resistance zone.
Trading on the Main Market of the Jamaica Stock Exchange on Tuesday concluded with a fall in the All Jamaican Composite Index by 1,833.47 points to 319,343.62 and a dip in the JSE Index by 1,670.50 points to close at 290,958.16.
A total of 23 securities changed hands in the main market, 5 advanced, 11 declined and 7 traded firm with 17,396,748 units valued at $218,089,928 changing hands, compared to 13,891,915 units valued at $50,338,524 on Monday. The US dollar market traded just one security accounting for 1,369 units valued at just US$324 while the market index rose 12.28 points to 178.62.
Trading ended with an average of 756,380 units for an average of $9,482,171 in contrast to 631,451 units for an average of $2,288,115 on Monday. The average volume and value for the month to date amounts to 302,442 units valued at $3,919,890 previously 252,248 units with an average value of $3,304,830. In contrast, October closed with average of 1,185,251 units valued at $16,528,582 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and 4 with lower offers.
NCB Financial Group dropped $3, Sagicor Group traded with a loss of $2.90 while Berger Paints rose $1.25 while Supreme Ventures had the largest trade of 13.7 million units.
Main market up in moderate trading
In a moderate trading, the main market of the Jamaica Stock Exchange closed higher on Monday, with the All Jamaican Composite Index gaining 447.76 points to 321,177.09 and the JSE Index advanced 407.96 points to close at 292,628.66.
The US dollar market index lost points 2.75 to end at 166.34 with three securities trading, accounting for 42,934 shares with a value of US$10,110.
A total of 22 securities changed hands in the main market with trading ending with 8 securities advancing , 8 declined and 6 traded firm as 13,891,915 units, including JMMB Group 7.5% preference share with 11.4 million units traded, valued at $50,338,524, compared to 5,777,201 units valued at $107,680,730 on Friday.
Trading ended with an average of 631,451 units for an average of $2,288,115 in contrast to 262,600 units for an average of $4,894,579 on Friday. The average volume and value for the month to date amounts to 252,247 units 
valued at $3,304,830, previously 207,396 units at an average of $3,425,087. In contrast, October closed with average of 1,185,251 units valued at $16,528,582 for each security traded. IC bid-offer Indicator| At the end of trading, 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.
Sagicor Real Estate Fund rose 80 cents to close at a 52 weeks’ high of $15.80 with moderate volume and 1834 Investment 647,311 stock units
JSE Main market bounces – Monday
Stocks rising and falling were equal at 8 each at the close of trading when the main market of the Jamaica Stock Exchange closed on Monday, with the All Jamaican Composite Index gaining 447.76 points to 321,177.09 and the JSE Index advanced 407.96 points to close at 292,628.66.
Trading ended with 13,891,915 units, valued at $50,338,524 from 22 securities traded in the main market and 42,934 units trading in the US dollar market.
In the main market activity, Barita Investments ended trading with 1,500 shares and lost 3 cents to close at $8.85, Caribbean Cement climbed $1.99 to $33, with 8,450 stock units, Carreras finished at $11.50, with 219,803 units changing hands, Ciboney Group settled 2 cents higher at 19 cents with 2,000 shares. Grace Kennedy finished with a loss of 49 cents at $42.01, while 262,427 shares traded, Jamaica Broilers finished at $18.50, with 4,795 stock units, Jamaica Producers ended trading 35 cents higher at $15.55, with 68,270 units, Jamaica Stock Exchange ended with a loss of 9 cents at $6.90, with 9,200 shares trading. JMMB Group fell $1.60 to $28.90, with 159,108 shares, Kingston Wharves closed 50 cents higher at $33, trading 56,819 units, Mayberry Investments concluded trading at $5, with 111,745 shares, NCB Financial Group ended with a loss of $1 at $107, with 50,770 stock units changing hands. PanJam Investment ended trading with a loss of 50 cents at $42.50, in exchanging 8,200 units, Pulse Investments rose 20 cents to end at $2, with 330,544 shares,
Radio Jamaica closed at $1.13, with 3,636 stock units, Sagicor Group ended with a loss of 50 cents at $37.50, and exchanging 135,061 units. Sagicor Real Estate Fund closed 80 cents higher at a new record high of $15.80, with 3,300 shares, Scotia Group lost 36 cents at $51.50, with 20,505 stock units and Supreme Ventures finished trading 3 cents higher at $11.80, with 126,501 shares. In the main market preference segment, JMMB Group 7.5% preference share traded 11,403,244 shares at $1.10 and Jamaica Money Market Brokers 7.5% traded 258,726 units at $1.85. 8.90, with 159,108 stock units. In the US equity market, Margaritaville ended trading 350 units .20 US cents, Productivity Business Solutions traded 3,000 shares at 57.51 US cents and Proven Investments traded 39,584 ordinary shares at 23 US cents.
Prices of securities trading for the day are those at which the last trade took place.
Junior Market starts week positively
Trading on the Junior Market of the Jamaica Stock Exchange, ended on Monday with 22 securities changing hands, resulting in an exchange of 1,906,761 units valued at $16,655,143 compared to only 812,631 units valued at $3,846,042 on Friday.
At the close of market activities, the prices of 9 securities advanced, 5 declined and 8 remained unchanged resulting in the Junior Market Index rising by 11.40 points to close at 2,976.83.
Trading ended with an average of 86,671 units for an average of $757,052 in contrast to 40,632 units for an average of $192,302 on Friday. The average volume and value for the month to date amounts to 62,529 units valued at $348,543 and previously, 59,080 units valued at $290,184. In contrast, October closed with a slightly higher average of 74,690 units valued at $362,548, for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ended with bids higher than their last selling prices and 4 with lower offers.
At the close of the market, AMG Packaging ended with a loss of 5 cents at $3.15, with 38,707 stock units traded, Caribbean Flavours traded 30 cents higher at $12.30, with 1,000,000 shares, Cargo Handlers finished trading at $10.99, with 550 stock units, Caribbean Cream traded 10 cents higher at $5.60, with 6,972 shares. Caribbean Producers concluded trading 42,000 units with a loss of 15 cents to end at $3.65, Dolphin Cove ended 12 cents higher at $17.55, with 1,031 shares changing hands, Express Catering traded 8 cents higher at $4.58, with 118,277 stock units, General Accident concluded trading with a loss of 3 cents at $2.70, with 450 shares, Honey Bun closed at $4.80, with 20,000 shares trading, Jamaican Teas settled at $4, with 9,302 units.
Jetcon Corporation ended trading 10 cents higher at $4.80, with 79,878 shares, Knutsford Express settled at $12.20, with 7,902 shares, Key Insurance concluded trading at $3.99, with just 100 stock units trading, Lasco Distributors rose 5 cents to end at $5.95, with 70,083 shares, after trading at a 52 weeks’ low of $5.85, Lasco Financial finished trading 30 cents higher at $4.90, with 370,948 stock units, after trading as low as $4.60 during the morning session. Lasco Manufacturing concluded trading 7 cents higher at $4.12, with 20,001 units, Medical Disposables finished with a loss of 10 cents at $5.20, with 36,000 shares. Main Event ended trading 5 cents higher at $5.80, with 64,005 shares, Paramount Trading finished trading at $3.30, with 3,650 units, Consolidated Bakeries ended at $2.36, with 5,000 shares, Stationery and Office traded at $5, with 10,000 stock units and tTech traded with a loss of 33 cents at $7.07, with 1,905 shares trading.
Prices of securities trading for the day are those at which the last trade took place.
Junior Market retreating
The Junior Market Index dropped 33.82 points to close at 2,965.43 on Friday as a number of stocks suffered sizable losses as investors continue to exist stocks of companies that reported profits recently that have not encouraged much buying interest.
Trading ended with 20 securities changing hands, up from 17 securities on Thursday as volumes remain low although 27 percent ahead of Thursday levels. The market closed with the prices of 5 securities rising, 7 declining and 8 remaining unchanged. Investors exchanged 812,631 units valued at $3,846,042 compared to 639,827 units for $3,060,108 previously.
Market activities for the day ended with an average of 40,632 units for an average of $192,302 in contrast to 37,637 units for an average of $180,006 on Thursday. The average volume and value for the month to date amounts to 59,080 units valued at $290,184 and previously 61,834 units at an average of $304,794.
In contrast, October closed with average of 74,690 units valued at $362,548 for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ended with bids higher than their last selling prices and 1 with lower offers.
At the close of the market, AMG Packaging rose 5 cents to $3.20, with 8,034 stock units trading, Blue Power ended trading with a loss of $1 at $44, as just 1,507 shares were exchanged, Cargo Handlers finished 14 cents higher at $10.99, with a mere 500 stock units, Caribbean Cream ended traded 13,145 shares with a loss of 49 cents and ended at $5.50. Caribbean Producers traded at $3.80, with 10,000 units, C2W Music concluded trading at 49 cents, with 6,650 stock units changing hands, Express Catering finished trading with a loss of 5 cents at $4.50, with 54,333 stock units. 
Eppley closed at $11.50, with 4,000 units, General Accident concluded trading 3 cents higher at $2.73, with 100,000 shares, Honey Bun ended trading at $4.80, with 34,800 shares, Jamaican Teas closed at $4, with 2,650 units. Jetcon Corporation settled at $4.70, with 13,962 shares, Knutsford Express fell $1.60 to $12.20, with 5,500 shares, Lasco Distributors ended with a loss of 50 cents at $5.90, trading 80,111 shares. Lasco Financial ended trading at $4.60, with 239,722 stock units, Lasco Manufacturing rose 5 cents to end at $4.05, with 21,954 units, Medical Disposables ended with a loss of 40 cents at $5.30, with 900 shares trading, Main Event traded 25 cents higher at $5.75, with 53,485 shares. Paramount Trading closed with a loss of 10 cents at $3.30, with 17,450 units and Stationery and Office ended at $5, with 143,928 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.
Main market in consolidation mode
The Main Market of the Jamaica Stock Exchange closed moderately higher on Thursday with just 20 securities changing hands, resulting in 2,566,192 units valued at $67,621,781 traded.
At the close of trading, 4 securities advanced, 9 declined and 8 traded firm leading to the JSE All Jamaican Composite Index inched higher by 166.44 points to close at 320,626.86 and the JSE Index rose just 151.64 points to close at 292,127.34.
In the main activity, Berger Paints closed at $15, with 26,148 shares, Cable & Wireless concluded trading with a loss of 4 cents at $1.05, with 312,850 shares, Caribbean Cement finished trading at $33, 
with 1,166 stock units, Carreras settled at $11.50, with 301,939 units, Grace Kennedy settled with a loss of 30 cents at $42.70, with 89,708 shares. Jamaica Broilers ended trading at $18.90, with 740,517 stock units, Jamaica Producers finished trading at $15.80, with 20,982 units, Jamaica Stock Exchange ended at $7, with 3,015 shares, JMMB Group closed at $29.50, with 79,059 shares. Kingston Wharves concluded trading 10 cents higher at $32.60, with 55,930 units, Mayberry Investments finished at $5, with 400 shares, NCB Financial Group finished with a loss of $1.16 at $106.85, with 198,782 shares, PanJam Investment finished 45 cents higher at $43, with 25,550 units. 
Portland JSX ended trading $1.15 higher at $8.65, with 800 shares, Pulse Investments concluded trading with a loss of 10 cents at $1.80, with 400 shares, Radio Jamaica ended with a loss of 2 cents at $1.13, with 52,971 stock units, Sagicor Group finished trading with a loss of 2 cents at $37.98, with 166,163 units. Sagicor Real Estate Fund concluded trading with a loss of 20 cents at $15, with 6,100 shares, Scotia Group settled 50 cents higher at $51.50, with 168,909 stock units, Seprod closed with a loss of 99 cents at $28.01, with 2,146 units and Supreme Ventures ended trading with a loss of $1.10 at $11.90, with 313,557 shares. In the US dollar Equities market, Magaritaville ended trading 500 units at 20 US cents after dropping 10 cents and Proven Investments ordinary share traded 11,500 units at 23 US cents 23.
Prices of securities trading for the day are those at which the last trade took place.
JSE main market needs a catalyst
The Main Market of the Jamaica Stock Exchange seems to be stuck around the 320,000 points level and needs a catalyst to moving it.
NCB Financial was expected to have done so but they their full year’s results although up strongly was already baked into the price as such it never moved the market much as investors were very constrained in trading it on Friday.
In trading, 22 securities changed hands with the market indices rising moderately at the close, as 6 securities rose, 8 declined and 8 traded firm with 5,777,201 units valued at $107,680,730 trading while 2 securities traded in the US dollar market.
In the main activity, Berger Paints finished trading at $15, with 57,707 shares changing hands, Cable & Wireless closed at $1.05, with 136,005 shares, Caribbean Cement finished with a loss of $1.99 at $31.01, with 4,936 stock units trading. Carreras settled at $11.50, with 469,478 units, 
Grace Kennedy ended with a loss of 20 cents at $42.50, while 17,221 shares traded, Jamaica Broilers fell 40 cents to $18.50, with 53,740 stock units, Jamaica Producers ended with a loss of 60 cents at $15.20, with 4,061,507 units changing hands. Jamaica Stock Exchange fell 1 cent to $6.99, with 53,928 shares, JMMB Group finished $1 higher to end at a 52 weeks’ high of $30.50, with 58,275 stock units, Kingston Wharves traded with a loss of 10 cents at $32.50, with 70,928 units, Mayberry Investments traded at $5, with 139,224 shares. NCB Financial Group concluded trading $1.15 higher at $108, with 160,919 shares, 138 Student Living 
finished trading at $6, with 8,500 shares, 1834 Investments settled with a loss of 5 cents at $1.30, with 1,281 stock units, PanJam Investment finished at $43, with 2,000 units, Portland JSX ended 45 cents higher at $9.10, with 2,000 shares, Pulse Investments ended trading at $1.80, with 3,048 shares. Sagicor Group traded 2 cents higher at $38, with 226,496 units, Sagicor Real Estate Fund ended at $15, with 7,000 shares, Scotia Group concluded trading with a gain of 36 cents to $51.86, with 87,257 stock units, Seprod ended $1.99 higher at $30, with 828 units and Supreme Ventures concluded trading with a loss of 13 cents at $11.77, with 154,923 shares. In the US equity market, JMMB Group 6 percent preference share ended trading with 15,000 units $at US$1.121 and Proven Investments ordinary share traded 14,583 stock units at 23 US cents.
Prices of securities trading for the day are those at which the last trade took place.