Supreme Ventures hits record high of $27.90 on Monday.
Trading on the main market of the Jamaica Stock Exchange ended on Monday with JSE All Jamaican Composite Index diving 3,556.04 points to 418,769.68 and the JSE Index dropping by 3,231.40 points to 381,542.55.
Volume traded, dived below normal levels, with 2,806,548 units valued $75,154,263 changing hands, compared to 3,578,014 units valued at $135,408,659 on Friday.
At the close of the main and US markets, 30 securities traded, compared to 29 on Friday and leading to 8 advancing, 14 declining and 8 closing unchanged.
Seprod led trading with 779,351 units, accounting for 28 percent of the day’s volume in the main market, followed by Mayberry Equities with 301,405 units or 11 percent of the volume traded and Radio Jamaica with 280,000 shares amounting to 10 percent of the overall volume.
Market activity ended with an average of 96,778 units at $2,591,526 for each security traded, in contrast to 127,786 shares for $4,836,024 on Friday. The average volume and value for the month to date, amounts to 360,389 shares at $10,793,179 for each security traded, in contrast to 375,350 shares at $11,290,769 on the prior trading day. Trading for February resulted in an average of 281,016 shares with a value of $11,715,160, for each security traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 13 stocks ending with bids higher than their last selling prices and 1 closing with a lower offer.
In main market activity, Berger Paints lost 30 cents to end at $19, in exchanging 6,894 stock units, Caribbean Cement lost 50 cents to close at $55.50, with 42,244 shares changing hands, Grace Kennedy fell 75 cents trading 16,088 stock units, to close at $59, JMMB Group lost $1.35 trading of 7,857 shares at $30.02. Kingston Wharves dropped $5 and finished at $65, with an exchange of
148,197 stock units, PanJam Investment rose $1.60 to close at $81.70, trading 18,461 units, Sagicor Group lost 50 cents to settle at $39.50, with 64,710 shares changing hands. Salada Foods fell 95 cents in trading 2,529 units at $29.05, Scotia Group dropped $1.35 trading 34,493 shares, to close at $50.20, Seprod rose 45 cents to close at $43.45, with 779,351 shares changing hands. Supreme Ventures rose 30 cents to finish at a 52 weeks’ closing high of $25.50, with an exchange of 115,136 units, after it traded at an all-time high of $27.90 and Sygnus Credit Investments fell 30 cents to close of $12, with 10,000 units changing hands.Trading in the US dollar market resulted in 1,800 units valued at $1,840 changing hands with JMMB GROUP 6.00% USD preference shares was the sole stock trading in this market with 1,800units, to close at with a loss of 2 US cents at US$1.02. The JSE USD Equities Index remained unchanged to close at 179.65.