13 record close for JSE main market

The main market of the Jamaica Stock Exchange just about eked out another new record close on Wednesday with the 13th record close for the year.
The main market ended on Wednesday with the JSE All Jamaican Composite Index rose 392.18 points to another record close of 472,378.25 and the JSE Index advanced by 356.39 points to a record close of 430,256.47.
At the close of trading on the main and US markets, the prices of 15 securities advanced, 12 declined and 10 traded firm as 37 securities traded, up from 36 on Tuesday.
Wigton Windfarm dominated trading with 247 million shares and 98 percent of total trades, followed by Victoria Mutual Investments with 1.7 million JMMB Group 7.5% with 650,000 units.
The main market ended with, 251,755,951 units valued at $252,195,249 trading compared to 159,340,927 units valued $195,304,339 changing hands on Tuesday.
Trading ended with an average of 7,628,968 units valued $7,642,280, in contrast to 4,686,498 shares valued at $5,744,245 on Tuesday. The average volume and value for the month to date amounts 1,911,089 units valued $11,710,668 and previously, 1,603,777 units valued $11,940,167. Trading for April resulted in an average of 157,923 shares at $3,718,919, for each security traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with 7 stocks ending with bids higher than their last selling prices and 1 closing with a lower offer.
In main market activity, Berger Paints lost 70 cents in trading 64,745 shares at $18.30, Caribbean Cement closed with a fall of 90 cents at $80 while trading 43,056 shares, Jamaica Broilers lost $1 in trading 1,482 units to close at $32, with, Jamaica Producers gained 49 cents to close at $25, in trading 19,200 shares. Jamaica Stock Exchange traded 53,803 shares after gaining 99 cents to close at $20, Kingston Wharves settled at $69, with 9,021 units trading after falling by $2. Mayberry Investments fell 44 cents and ended trading at $8.56, with 49,770 shares, NCB Financial Group gained $3 trading 47,580 shares to end at a 52 weeks’ closing high of $163. Sagicor Group added 49 cents and ended trading at $48.50, with an exchange of 52,438 stock units, Sagicor Real Estate Fund rose 45 cents and finished trading 450 stock units at $9.95, Salada Foods dropped $4.65 to $31 in trading 9,982 stock units. Scotia Group gained 60 cents to close at $52, with 94,766 shares trading, Seprod added $1.95 in trading 60,251 shares to close at $45.95 and Stanley Motta gained 30 cents and ended at $5 trading 16,52 shares.
Trading in the US dollar market ended with 2,103,867 units valued $455,660. JMMB Group 6% lost 1 cent to settle at $1.06 while trading 207,500 units and JMMB Group 5.75% closed at $2 with 10,000 shares changing hands, Proven Investments shed 2 cents to close at 25 US cents with an exchange of 103,195 shares and Sygnus Credit Investments traded 1,783,172 units and added 1 cent to close at 10 US cents. The JSE USD Equities Index declined by 1.18 points to close at 193.22.

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