4 days of record close for JSE stocks

New ecord close for JSE main market on Thursday

The Jamaica Stock Exchange main market, ended at the fourth new closing high for the week, with the All Jamaican Composite Index rising 980.45 points to 444,931.85 and the JSE Index advancing 890.96 points to 405,314.95.
The main and US markets had 33 securities traded, compared to 27 on Wednesday leading to 13 advancing, 12 declining and 8 closing unchanged. At the end of trading, Jamaica Stock Exchange jumped to a record high of $20 and Wisynco Group ended at a new record close of $14.30.
Market activity on the main market ended with 2,986,488 units valued $110,422,118, changing hands, compared to 3,713,812 units valued $157,663,641 trading on Wednesday.
Wisynco Group led trading with just 529,420 shares accounting for 18 percent of total main market volume, followed by NCB Financial with 417,353 shares, and 14 percent of the day’s trades and Seprod closed with just 342,629 shares for 3 percent of volume traded.
Market activity ended with an average of 102,982 units valued at an average of $3,807,659 for each security traded. In contrast to 142,839 units for an average of $6,063,986 on Wednesday. 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 the reading showing 10 stocks ending with bids higher than their last selling prices and 3 closing with lower offers.
In main market activity, Barita Investments dropped $2.49 to close at $40.01, with an exchange of  83,339 shares, Caribbean Cement lost S1 to finish at $84, with 10,377 shares changing hands, Jamaica Broilers dived $3.90 in exchanging 10,000 units to end at $30.10, Jamaica Producers fell $1 to close at $22, after trading 11,285 stock units. JMMB Group gained $1.90 trading 253,237 shares in closing at $33.40, with 37,209 shares 37,209 shares. Kingston Properties lost 75 cents to settle at $6.80, with an exchange of 5,450 units, Mayberry Investments lost $1.65 to end trading of 27,500 shares at $8. PanJam Investment jumped $6.87 to a record high of $89.97, with 6,592 units changing hands, Scotia Group lost $1.49 in trading with 62,660 shares at $50.50, Seprod fell $3.50 in trading 342,629 shares to close $44. Sygnus Credit Investments lost 87 cents with 81,165 units trading, to end at $11.63 and Wisynco Group climbed 80 cents trading with 529,420 shares at an all-time high of $14.30.
Trading in the US dollar market ended with 419,786 units valued at US$95,838. JMMB G 6% preference share traded 439 shares and rose 5 cents to finish at US$1.09, Proven Investments traded 413,807 shares and gained 0.05 cent, to close at 23 US cents, Sterling Investments  finished trading of 2,540 units to close at 4 US cents and Sygnus Credit Investments traded 3,000 units to end at 10 US cents. The JSE USD Equities Index gained 1.67 points to close at 178.99.

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