Palace jumped $55 on Thursday

Palace Amusement jumped $55 to end  at a 52 week's high of $150.

Palace Amusement Company jumped $55 to end at a 52 week’s high of $150.

The Jamaica Stock Exchange main market ended with two new 52 weeks’ high as Grace Kennedy closed at $100 and infrequently traded cinema owners, Palace Amusement Company, traded up $55 to a new record high of $150. The junior market saw ISP Finance Services trading at a new all-time high at the close as well. The market closed with 39 securities changing hands, accounting for 5,686,085 units valued at just $41,894,236, in all market segments. The junior market accounted for 1,193,487 shares valued at $5,345,787 of the total level traded.
Investors pushed the price of 16 stocks in the overall market up, 10 down, including 5 stocks rising and 6 declining, from the junior market as two stocks in the main market hit new highs.
The JSE Market Index gained 763.41 points to end at 154,068.02. The all Jamaica Composite Index rose 853.77 points to close at 171,136.09 and the JSE combined index climbed 426.46 points, to close at 164,439.57.
JSE Sum-26-5-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 10 stocks with bids higher than their last selling prices and 2 with lower offers.
At the end of market activities, Cable & Wireless closed with a 9 cents gain at $1.37 after trading 2,156,546 units, Caribbean Cement traded 58,012 shares and gained 1 cent and closed at $25, Carreras rose $1.44 with 13,016 units trading to close at $66.44, Ciboney traded 161,517 units and gained 3 cents to close at 21 cents. Grace Kennedy jumped $8 in trading 3,985 units to close at a 52 weeks’ high of $100, Jamaica Producers traded 97,862 shares at $40, Kingston Wharves closed with 5,572 shares at $11.80, National Commercial Bank traded 268,497 shares, to close at $40 after losing 25 cents. Palace Amusement traded 1,950 shares and gained $55 to close at a 52 weeks high of $150,JSE mn fn qts 26-5-16 Pan Jamaican Investment rose 20 cents to close trading at $121 as 21,000 shares changed hands, Radio Jamaica rose by 2 cents in trading 66,216 shares at $1.33, Sagicor Group ended with 11,348 shares changing hands at $22.50. Sagicor Real Estate Fund gained 12 cents trading 948,689 shares and ended at $10.12, Scotia Group rose 50 cents to close at $31, while 51,927 units changed hands, Seprod traded 10,392 shares with the price rising 9 cents to $16.99. Sterling Investments lost 3 cents to close at $11.95 with 10,410 shares trading, Supreme Ventures closed at $5.15 with 24,700 shares changing hands, after losing 9 cents and Jamaica Money Market Brokers 7.50% preference share, traded 559,100 units at $2.11.

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