10 unbroken JSE main market record close

NCB Financial traded at a record high of $184.85 on Thursday.

The Jamaica Stock Exchange main market ended its ninth consecutive day of trading with another record close on Thursday, as investors pushed JMMB group to a record $42.50 and NCB Financial to a record high of $184.85, before they both pulled back at the close.
The JSE All Jamaican Composite Index jumped 4,510.51 points to end at a record close of 484,922.56 and the JSE Index climbed 4,099.18 points to record close of 441,656.26.
At the close market activity, on the main and US markets, the prices of 11 securities advanced, 12 declined and 12 traded firm, as a total of 35 securities traded, compared to 33 on Wednesday. Market activity ended with 18,955,666 units valued $147,418,895, in contrast to 27,861,999 units valued $644,155,189 on Wednesday.
Wigton Windfarm continues to dominate trading since listing in late May, closing with 13.9 million shares changing hands and 73 percent of total trades, followed by JMMB Group with 919,914 stock units and 5 percent of the day’s trades and Victoria Mutual Investments with 684,263 units for 4 percent of volume traded.
The market closed with average of 557,520 units valued at over $4,335,850, in contrast to 870,687 shares valued at $20,129,850 on Wednesday. The average volume and value for the month to date amounts to 860,896 shares, with a value of $9,289,962, compared to 967,234 shares, with a value of $11,026,454 previously. May closed with average of 2,248,261 units at an average of $12,751,529 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, Jamaica Broilers finished trading of 16,449 units with a rise of 76 cents to end at $32.51. Jamaica Producers added 99cents to close at $27, with 15,401 shares trading, Jamaica Stock Exchange lost 65 cents to end at $19., with an exchange of 44,163 shares, JMMB Group climbed 39 cents and concluded trading with 919,914 shares at $40, Mayberry Jamaican Equities exchanged 27,963 shares after sliding 85 cents to close at $11.45. NCB Financial Group ended trading of 121,084 shares at a record high of $184.85 but fell $1 to end the day at $169, PanJam Investment fell $1.01 in trading 30,101 shares to close at $94.99. Sagicor Group lost 40 cents in trading 113,467 stock units, to end at $48, Scotia Group gained $1 in trading 105,105 units to close at $52, Seprod fell 75 cents to end at $49.20, in trading 46,911 shares and Supreme Ventures lost 50 cents and settled at $30, with 521,695 shares trading. Sygnus Credit Investments added 50 cents in traded 138,512 units in closing at $13.50.
Trading in the US securities market resulted in 21,177 units valued $2,329 changing hands. Market activity ended with Sygnus Credit Investments traded 21,177 units and closed with a loss of 1 cent at 11 US cents. The JSE USD Equities Index fell 0.06 points to close at 194.37.

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