Another record day for JSE– Wednesday

Supreme Ventures traded at new high of $30.50 on Wednesday.

The Jamaica Stock Exchange main market ended trading on Wednesday, with JSE All Jamaican Composite Index jumped 1,807.25 points to record close of 454,946.71 and the JSE Index advanced by 1,642.30 points to a record closing high of 414,415.74.
At the close market activity, The main and US markets had 32 securities traded, compared to 29 on Tuesday leading to 12 advancing, 14 declining and 6 closing unchanged.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 7 stocks ending with bids higher than their last selling prices and 4 closing with lower offers.
Market activity on the main market closed with, 15,196,273 units valued $1,961,044,771 changing hands, compared to 2,768,443 units valued $89,385,777 trading on Tuesday.
Trading ended with an average of 506,542 units for $65,368,159, in contrast to 98,873 shares valued at $3,192,349 on Tuesday. The average volume and value for the month to date amounts to 150,653 units valued at $15,024,436 and previously, 105,917 units valued at $5,288,120. Trading for April resulted in an average of 157,923 shares at $3,718,919, for each security traded.
NCB Financial Group led trading with 12.6 million shares accounting for 83 percent of total main market volume, followed by Supreme Ventures with 530,233 shares, and 3.5 percent of the day’s trades and JMMB Group closed with 506,705 shares for 3 percent of volume traded.
In main market activity, Caribbean Cement fell 99 cents to finish at $80.01, with 24,627 shares changing hands, Eppley gained $1 in settling at $12, with an exchange of 2,569 shares. Grace Kennedy rose 50 cents and ended trading 31,171 shares at $61.10, Jamaica Broilers traded 15,746 shares after rising $1.99 to close at $33.99, Jamaica Producers lost 79 cents in trading 162,356 shares to close at $22.21. JMMB Group  added $2 trading 56,642 shares in closing at $34,  Mayberry Investments  rose 25 cents to end trading of 112,194 shares at $9.50, Mayberry Jamaican Equities  shed 80 cents trading 59,107 shares at $10.50, NCB Financial Group  climbed $3, in trading 12,616,011 shares, to close at $150.01. PanJam Investment  concluded trading of 3,287 shares and gained 50 cents to end at $90, after trading at a record high of $100, Sagicor Group  gained $1 to end at $48 trading 42,680 stock units, Salada Foods rose 99 cents to end at $32 after trading 140 shares and Seprod declined 49 cents trading 23,101 shares to close at $44.51.
Trading in the US dollar market ended with  JMMB Group  5.75% preference share losing 10 cents and ended at $2 in an exchange of 15,000 shares and Proven Investments closed trading with 1,809 units and closed at 24 US cents. The JSE USD Equities Index closed 2.15 points higher to 182.32.

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