Sagicor Group & PanJam hit new closing highs.
Trading on the Jamaica Stock Exchange on Thursday saw the All Jamaica Index surging 6,201.47 with just less than 35 minutes left in the trading session with the index hitting the 404,000 mark before losing some steam in the final 30 minutes of trading.
The market ended with the prices of 10 securities rising, 15 declining while 5 remained unchanged leading to the All Jamaica Composite Index jumped 4,065.81 points to 401,864.62 and the JSE Index climbed 3,704.41 points to close at 366,144.15.
Trading close with 30 active securities in the main and US dollar market compared to 36 on Wednesday but with higher volume and value as 8,202,147 units valued at $132,503,743 traded, compared with 2,854,732 units valued at $50,801,535 changing hands, on Wednesday.
Main market trading closed with Wisynco Group leading with 5,337,134 units and 65 percent of the day’s volume, followed by JMMB Group 7.5% preference share trading 1,058,439 shares or 7.5 percent of the day’s volume and Kingston Wharves with 358,384 units and 4.4 percent of volume traded.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading shows 4 stocks ending with bids higher than the last selling prices and 2 closing with lower offers, an indication that falling prices are likely to be dominant on Thursday.
Trading resulted in an average of 292,934 units valued at over $4,732,277, in contrast to 101,955 shares valued at $1,814,341 on Wednesday. The average volume and value for the month to date amounts to 308,613 shares, valued $5,494,805 and previously 309,467 shares, valued $5,538,737. September closed, with an average of 1,022,243 shares valued $15,752,876, for each security traded.
In the main market activity, Berger Paints fell 49 cents to finish at $22.01, trading 2,875 shares, Grace Kennedy rose $1.50, trading 28,698 shares at $59, Jamaica Broilers lost $2 in trading 231,668 stock units, and closed at $28, Jamaica Producers lost $2 to close of $27 with 22,481 units changing hands, Kingston Wharves lost $5 and finished at $70, with 358,384 stock units changing hands, Mayberry Investments rose 45 cents to $10.50 with 4,000 units trading, NCB Financial Group fell 25 cents to $128 trading 31,645 shares, PanJam Investment ended at a 52 weeks’ closing high of $67, after jumping $3.01 trading 23,000 stock units, 
Pulse Investments jumped 58 cents in trading a mere 200 shares at $2.98, Sagicor Group jumped $3.80 to a 52 weeks’ high of $47, trading 51,871 shares, Sagicor Real Estate Fund jumped $1.65 and settled at $14.90, with 54,320 shares changing hands. Salada Foods fell 50 cents and ended trading 19,850 stock units, to at $21.50, Scotia Group shed $1.50 in trading 249,590 units to close at $51.50, Seprod finished trading 2,000 shares, with a fall of $1 to close at $32, Sterling Investments fell 50 cents to finish trading 6,438 shares at $22, Supreme Ventures lost 75 cents to end at $16.25, in an exchange of 37,075 shares and Wisynco Group finished at $10.30, in trading 5,337,134 units after posting gains of 30 cents.
Trading in the US dollar market closed with 19,733 units valued at $12,220 changing hands as JMMB Group 5.75% lost 2 cents to close at $2.03 with 4,500 shares trading, Proven Investments ended with a rise of 1 cent trading 15,233 to close at 21 US cents. The JSE USD Equities Index fell 0.91 points to 161.69.
