Barita tops market with 28.5m trade

Barita Investments traded 28.5 million shares valued at $2.25 billion on the Jamaica Stock Exchange main market on Monday on a day when the market lost more grounds as it continues its short term correction.
The big Barita trade follows four days last week when it traded more than 2 million shares crossed the exchange on each occasion and well above the normal daily trading levels. On October 7th a total of 6.1 million shares traded, followed by 8.1 million shares the following day, to be followed by 2.67 million units on the 9th and 2 million on the 11th for a total of more than 18.8 million
The Jamaica Stock Exchange main market suffered another decline with a higher volume and significantly higher value than on Friday as the main market goes through a mild correction of 5 percent.  Trading ended with 36 securities changing hands in the main and US dollar markets with 13 stocks advancing, 13 declining and 10 stocks trading firm. The market closed with the JSE All Jamaican Composite Index dropping 2,638.63 points to close at 550,155.79. The JSE Index declined 2,375.23 points to 500,852.68 and the JSE Financial Index lost 0.66 points to close at 136.68.
Main market activity ended with 32 securities trading resulting in 41,631,061 units valued at $2,360,959,252, in contrast to 11,554,366 units valued at $237,158,383 from 37 securities trading on Friday.
The big Barita Investments trade accounted for 68 percent of total volume, followed by Wigton Windfarm with 6 million shares for 14 percent of the market’s trade and recently listed QWI Investments with 1.8 million units accounting for 4 percent of the day’s volume. Stocks trading more than a million units were Jamaica Producers with 1.2 million shares, Radio Jamaica with 1.2 million stock units and Sagicor Select Funds with 1.3 million units.
The Market closed with an average of 1,300,971 units valued at $73,779,977 for each security traded, in contrast to 312,280 units for an average of $6,409,686 on Friday. The average volume and value for the month to date amounts to 992,746 shares for $15,672,223 for each security traded and previously 964,884 shares at $9,843,232 for each stock traded. The market closed out September with an average of 1,585,081 units valued at $14,071,562 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 11 securities ended with bids higher than their last selling prices and 2 with lower offers. The PE ratio of the market ended at 16.5 with the main market ending at 17.1 times 2019 current year’s earnings.
In main market activity, Barita lost 82 cents to close at $78.98 as 28,491,102 shares crossed the exchange, Eppley Caribbean Property Fund closed $1 higher, after exchanging 1,761 shares, to close at $40, Eppley traded 14,790 shares gaining 85 cents to settle at $16, Grace Kennedy dived $3.50 exchanging 172,807 shares to settle at $66. Jamaica Broilers slid 99 cents in swapping 49,937 shares to end at $34, Jamaica Producers closed $1.39 lower at $21.20 after 1,175,660 shares changed hands. Jamaica Stock Exchange slid 84 cents in closing at $28.15 with 32,266 shares traded, PanJam Investment lost $1.10 and ended at $101, after 61,151 shares crossed the exchange. Portland JSX gained 50 cents to settle at $9 with an exchange of 7,318 shares, Pulse Investments climbed 75 cents trading 183,873 shares to end at a 52 weeks’ closing high of $4.55. Sagicor Group traded 95,638 shares in gaining $1.10 to settle at $69, Seprod added $1 to end at $53 with an exchange of 14,062 shares and Supreme Ventures gained 40 cents, closing at $27.40 with 17,778 shares crossing the exchange.
Trading in the US dollar market ended with 122,125 units valued at $38,361 and the market index dipped 1.32 points to close at 195.15. Proven Investments gained 0.4 of a US cent to close at 26.90 US cents with 113,428 shares changing hands, Sterling Investments fell 0.3 of a cent and exchanged 4,555 shares, to close at 3 US cents, JMMB Group 5.5% preference share traded 2,000 units to end at US$2 and JMMB Group 5.75% preference share traded 2,142 units to end at US$2.

Big Junior Market fall – Monday

The Junior Market Index dropped 41.96 points on Monday to close at 3,362.83 as 32 securities changed hands versus 26 trading on Friday and ending with 14 securities rising, 11 declining and 7 remaining unchanged.
Investors exchanged 2,585,531 units valued at $13,192,368 compared to 3,253,708 units valued at $20,983,345 on Friday. Trading ended with an average of 80,798 units for an average of $412,262 in contrast to 125,143 units for an average of $807,052 on Friday. The average volume and value for the month to date amounts to 91837 units at $481,109 compared to 93,190 units at $489,550 previously, in contrast, September closed with an average of 954,574 units valued at $2,612,695 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and 3 with lower offers.
At the close of the market, Access Financial closed 10 cents higher at $35.10, with 12,203 stock units changing hands, Blue Power climbed 20 cents and exchanged 9,000 shares at $7.50, Caribbean Cream lost 3 cents in trading 45,000 units to close at $4.52, Caribbean Flavours closed 49 cents higher at $13.50, with 11,158 stock units crossing the exchange. Caribbean Producers fell 20 cents in trading 44,515 units at $4.50. Express Catering lost 20 cents in exchanging 1,145 units at $5.80, Everything Fresh ended with 45,877 shares crossing the exchange, after rising 8 cents to end at $1.25, Elite Diagnostic closed 15 cents higher at $6.15, with 3,839 stock units trading, Fosrich gained 1 cent to end at $4.91 in trading 13,860 shares. Fontana declined by 5 cents to settle at $7.95 trading 270,568 shares. General Accident ended with 153,275 shares changing hands, after rising 15 cents to end at $7, Honey Bun closed trading of 22,640 units and gained 34 cents to end at $6.84, Iron Rock Insurance climbed 1 cent and exchanged 150,095 shares at $4, Jamaican Teas ended trading with 61,625 shares, after rising 10 cents to end at $6.30. Jetcon Corporation lost 9 cents trading 12,455 units at $1.90, Knutsford Express shed 50 cents in swapping 3,640 units to end at $10, Lasco Distributors closed trading of 249,546 units and gained 10 cents to end at $4, Lasco Financial closed with a loss of 10 cents at $4.70, after swapping 646,062 shares. Lasco Manufacturing fell 16 cents in trading of 165,919 units at $4.94, Limners and Bards lost 3 cents in exchanging 59,039 units at $2.69, Medical Disposables shed 81 cents in trading 4,959 units at $6.19. Main Event fell 25 cents in trading 174,015 units at $5.50, Stationery and Office Supplies gained $1 to end at $12, trading 5,544 shares, SSL Venture added 1 cent and exchanged 179,949 shares at $1.10 and tTech closed trading of 21,266 units after climbing 79 cents to end at $6.79.

Prices of securities trading for the day are those at which the last trade took place.

One week of declines for JSE Majors

The Jamaica Stock Exchange main market suffered another declined for a fifth consecutive day on Friday, with reduced volume but with a much higher value than on Thursday as the main market goes through a mild correction of 5 percent.  
Trading ended with 40 securities changing hands in the main and US dollar markets with 10 stocks advancing, 22 declining and 8 stocks trading firm. The market closed with the JSE All Jamaican Composite Index falling 3,525.47 points to close at 552,794.42. The JSE Index dropped 3,108.66 points to 506,336.57 and the JSE Financial Index lost 0.95 points to close at 137.34.
Main market activity ended with 37 securities trading resulting in 11,554,366 units valued at $237,158,383, in contrast to 15,417,353 units valued at $67,593,610 from 36 securities trading on Thursday.
Wigton Windfarm led trading with 5.2 million units for 45 percent of total volume, followed by Barita Investments with 2 million shares for 17 percent of the market’s trade and QWI Investments with 1.6 million units accounting for 14 percent of the day’s trade. The only other stock trading more than a million units was Sagicor Select Funds with 1.1 million shares.
The Market closed with an average of 312,280 units valued at $6,409,686 for each security traded, in contrast to 453,452 units for an average of $1,988,047 on Thursday. The average volume and value for the month to date amounts to 964,884 shares for $9,843,232 for each security traded and previously 1,041,055 shares at $10,293,733 for each stock traded. The market closed out September with an average of 1,585,081 units valued at $14,071,562 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 securities ended with bids higher than their last selling prices and 2 with lower offers. The PE ratio of the market ended at 16.4 with the main market ending at 17 times 2019 current year’s earnings.
In main market activity, Berger lost 50 cents to close at $18.10, in the swapping of 1,600 shares, Caribbean Cement closed 69 cents lower after 7,462 shares changed hands to end at $76.81, Eppley Caribbean Fund jumped $4, after exchanging 2,448 shares, to close at $39. Jamaica Stock Exchange slid 99 cents in closing at $28.99 as 23,121 shares changed hands, JMMB Group traded 74,042 shares gaining 90 cents to end at $43, Kingston Wharves closed $2.59 higher to settle at $60, after exchanging a mere 500 shares. Mayberry Equities lost 35 cents to close at $11.15 with 6,700 shares traded, NCB Financial plummeted $5.50 to close at $202 while exchanging 142,640 units, PanJam Investment lost 90 cents and ended at $102.10 after 67,595 shares crossed the exchange. Sagicor Group traded 37,028 shares in losing $1.10 to close at $67.90, Scotia Group closed $2.98 lower in exchanging 231,475 shares to end at $57.01, Seprod gained $1.50 to end at $52 with an exchange of 23,087 shares and Supreme Ventures lost 50 cents to settle at $27 with 74,136 shares trading.
Trading in the US dollar market ended with 157,383 units valued at $40,043 and the market index fell by 3.04 points to close at 196.47. Margaritaville lost 3 cents and closed at 25 US cents with 3,856 shares changing hands, Proven Investments fell half a cent and exchanged 139,727 shares, to close at 26.51 US cents and Sygnus Credit Investments traded 13,800 units to inched higher from 13.9 US cents to end at 13.91 US cents.

Slight Junior Market slippage on Friday

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The Jamaica Stock Exchange Junior Market index slipped just 1.72 points to close at 3,404.79 in trading on Thursday as volumes rose 66 percent and value up 95 percent over Thursday’s levels
At the close of market activities, 26 securities changed hands versus 27 companies trading on Thursday with the prices of 9 securities rising, 7 declining and 10 remaining unchanged.
Market activities, resulted in an exchange of 3,253,708 units valued at $20,983,345 up from 1,961,441 units valued at $10,776,646 changing hands on Thursday.
Trading ended with an average of 125,143 units for an average of $807,052 in contrast to 72,646 units for an average of $399,135 on Thursday. The average volume and value for the month to date amounts to 93,190 units at $489,550 compared to 89,655 units at $454,422 previously, in contrast, September closed with an average of 954,574 units valued at $2,612,695 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and 3 with lower offers.
At the close of the market, Blue Power lost 45 cents in trading 29,379 shares to close at $7.30, CAC 2000 climbed 40 cents and exchanged 620 shares at $13.50, Caribbean Producers shed 10 cents in trading 46,000 units at $4.70, Elite Diagnostic closed trading of 23,426 units and gained 45 cents to end at $6. General Accident fell 10 cents swapping 1,267,447 units at $6.85, GWest Corporation climbed 2 cents and exchanged 30,513 shares at $1.04, iCreate declined 2 cents in trading of 5,500 units at 71 cents, Jamaican Teas closed with 10,865 units changing hands and gained 10 cents to end at $6.20, Knutsford Express climbed 25 cents in exchanging 6,000 shares at $10.50. Lasco Financial fell 20 cents in trading of 14,363 units at $4.80, Lasco Manufacturing lost 10 cents with 67,212 units changing hands at $5.10, Limners and Bards climbed 14 cents and exchanged 9,719 shares at $2.72, Main Event closed 5 cents higher at $5.75, with 19,900 stock units trading. Iron Rock Insurance closed trading of 78,000 units and gained 4 cents to end at $3.99, Stationery and Office Supplies exchanged 526,755 shares to close at $11 after falling 50 cents and tTech ended trading with 2,660 shares, after rising 50 cents to end at $6.

Prices of securities trading for the day are those at which the last trade took place.

4th day of decline for JSE majors

The Jamaica Stock Exchange main market declined for a fourth consecutive day on Thursday with less volume and value traded dropping sharply from Wednesday’s levels.  
Trading ended with 36 securities changing hands in the main and US dollar markets with 19 advancing, 9 declining and 8 trading firm. The market closed with the JSE All Jamaican Composite Index declining 1,369.89 points to close at 556,319.89. The JSE Index dropped 1,210.28 points to 506,336.57 and the JSE Financial Index lost 0.23 points to close at 138.29.
Main market activity ended with 34 securities trading resulting in 15,417,353 units valued at $67,593,610, in contrast to 31,141,186 units valued at $368,051,491 from 36 securities trading on Wednesday.
QWI Investments led trading with 4.8 million units for 31 percent of total volume, followed by Sagicor Select Funds with 4.5 million shares for 29 percent of the market’s trade and Wigton Windfarm with 4 million units accounting for 26 percent of the day’s trade. No other stock traded more than a million units.
The Market closed with an average of 453,452 units valued at  $1,988,047 for each security traded. In contrast to 865,033 units for an average of $10,223,653 on Wednesday. The average volume and value for the month to date amounts to 1,041,055 shares for $10,293,733 for each security traded and previously 1,111,651 shares at $11,432,416 for each stock traded. The market closed out September with an average of 1,585,081 units valued at $14,071,562 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 10 securities ended with bids higher than their last selling prices and one with a lower offer.
In main market activity, Barita Investments rose 39 cents at $80, 4,491 in the swapping of shares, Caribbean Cement rose 68 cents after 8,547 shares changed hands to end at $77.50, Eppley gained $1.85, after exchanging 7,430 shares, to close at $16.85. Grace Kennedy rose 75 cents to $69.75 with 12,284 shares traded, Jamaica Broilers rose $1 in closing at $35 as 29,564 shares changed hands. Jamaica Producers traded 4,000 shares and gained 58 cents to end at $22.59, JMMB Group lost 90 cents to close at $42.10 after trading 20,062 shares, Kingston Wharves dropped $4.59 to settle at $57.41, after exchanging 18,100 shares. Mayberry Equities recovered the 47 cents it lost on Wednesday to close at $11.50 with 508 shares traded, NCB Financial surged $5.50 to close at $207.50 while exchanging 33,212 units, Scotia Group closed $1.19 higher in swapping 153,105 shares to end at $59.99 and Seprod dropped $3.50 to end at $50.50 with an exchange of 12,792 shares.
Trading in the US dollar market ended with 13,100 units valued at $2,828 and the market index advanced by 1.05 points to close at 199.51. Proven Investments exchanged 7,700 shares, to close at 26.98 US cents and Sygnus Credit Investments slipped a fraction of a cent to trading 5,400 units to end at 13.9 US cents.

Junior Market breaks fall

Junior Market trades

The Jamaica Stock Exchange Junior Market index advanced 8.80 points to close at 3,406.51 in trading on Thursday and breaking the 87 points fall over the previous two trading days.
At the close of market activities, 27 securities changed hands versus 29 trading on Wednesday with the prices of 8 securities rising, 13 declining and 6 remaining unchanged.
Market activities, resulted in an exchange of 1,961,441 units valued at $10,776,646 down from 3,632,177 units valued at $18,080,990 changing hands on Wednesday.
Trading ended with an average of 72,646 units for an average of $399,135 in contrast to 125,247 units for an average of $623,482 on Wednesday. The average volume and value for the month to date amounts to 89,655 units at $454,422 compared to 91,863 units at $461,599 previously, in contrast, September closed with an average of 954,574 units valued at $2,612,695 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 9 stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Access Financial gained $1 to end at $35, trading just 100 shares, Blue Power fell 75 cents trading of 37,629 units to end at $7.75, Caribbean Cream closed 3 cents higher at $4.55, with 4,400 stock units trading, Caribbean Flavours exchanged 996 units and gained 1 cent to end at $13.01. Caribbean Producers traded 25,710 shares, after rising 9 cents to end at $4.80, Consolidated Bakeries closed with a loss of 11 cents at $1.65, in swapping of 256,598 shares, Derrimon Trading dipped 2 cents trading 11,166 units at $2.55. Express Catering declined 15 cents with 2,685 units changing hands at $6, Everything Fresh shed 13 cents with an exchange of 32,000 units at $1.17, Elite Diagnostic fell 15 cents in trading 18,274 units at $5.55, Fontana closed with 208,472 shares crossing the exchange, after rising 15 cents to end at $8. General Accident closed trading of 16,286 units in gaining 10 cents to end at $6.95, Honey Bun dipped 4 cents in swapping 2,902 units at $6.50, iCreate ended trading with 3,570 shares, after rising 3 cents to end at 73 cents, Indies Pharma lost 10 cents trading 33,638 shares to close at $3.20. Jamaican Teas fell 15 cents exchanging 20,250 units at $6.10, Jetcon Corporation ended with a loss of 1 cent at $1.99 with 42,100 stock units changing hands. Lasco Financial closed 24 cents higher at $5, with 1,366 stock units trading, Lasco Manufacturing lost 15 cents to end at $5.20 in swapping 60,998 shares, Limners and Bards lost 12 cents trading 275,900 shares to close at $2.58 and Paramount Trading declined by 4 cents to settle at $2.20 after exchanging 7,132 shares.

Prices of securities trading for the day are those at which the last trade took place.

Third day of declines for JSE majors

The Jamaica Stock Exchange main market declined for a third consecutive day at the close on Wednesday with less volume and value traded on Tuesday.  
Trading ended with 39 securities changing hands in the main and US dollar markets with 10 advancing, 19 declining and 10 trading firm. The market closed with the JSE All Jamaican Composite Index declining 2,717.19 points to close at 557,689.78. The JSE Index dropped 2,465.01 points to 507,546.85 and the JSE Financial Index lost 0.69 points to close at 138.52.
Main market activity ended with 36 securities trading resulting in 31,141,186 units valued at $368,051,491 in contrast to 44,023,689 units valued at $758,570,804 from 36 securities trading on Tuesday.
Stanley Motta led trading with 13 million units for 42 percent of total volume, followed by Wigton Windfarm with 6 million units accounting for 19 percent of the day’s trade and Sagicor Select Funds with 4 million shares for 13 percent of the market’s trade. Other stocks trading more than a million shares were QWI Investments with 3 million units after trading at the lowest level of $1.15 since listing and Barita Investments with 2.7 million shares.
The Market closed with an average of 865,033 units valued at an average of $10,223,653 for each security traded, in contrast to 1,222,880 units for an average of $21,071,411 on Tuesday. The average volume and value for the month to date amounts to 1,111,651 shares at $11,432,416 for each security traded and previously 1,147,595 units valued at $11,637,677 for each stock traded. The market closed out September with an average of 1,585,081 units valued at $14,071,562 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 11 stocks ended with bids higher than their last selling prices and 3 with lower offers.
In main market activity, Carib Cement closed $2.54 lower after 13,753 shares changed hands to end at $76.82. Eppley Caribbean Property Fund lost $1 trading 6,280 shares to settle at $35, Eppley gained 80 cents, after exchanging 21,211 shares, to close at $1. Grace Kennedy closed $1 lower to $69 with 14,245 shares traded, Jamaica Broilers ended with a loss of $2.01, closing at $34 as 22,233 shares changed hands. Jamaica Stock Exchange gained 99 cents, after exchanging 11,378 shares to settle at $29.99, JMMB Group dropped $2, closing at $43 after trading 114,321 shares, Kingston Wharves added $2 to settle at $62, after exchanging 18,100 shares. Mayberry Equities lost 47 cents to close at $11.03 with 11,364 shares traded, NCB Financial declined by $2 to close at $202 while exchanging 65,660 units, Sagicor Group closed $1.19 lower in swapping 11,515 shares to end at $68.80. Salada Foods dropped $3 to $29 with 15,000 shares changing hands, Seprod advanced $3 to end at $54 with an exchange of 6,291 shares and Supreme Ventures gained 49 cents to close at $27.49 with 208,741 shares traded.
Trading in the US dollar market ended with 28,241 units valued US$17,055 with the market index falling 0.45 points to close at 198.46. Proven Investments exchanged 13,756 shares, to close at 27 US cents, after slipping a fraction of a cent, JMMB Group 6% preference share traded 13,485 units, to end at 99 US cents and Sterling Investments rose 0.3 cents and closed at 3.3 US cents with 1,000 units changing hands.

More declines for JSE majors

The Jamaica Stock Exchange main market declined for a second consecutive day at the close on Tuesday with less than half the volume traded on Monday but with Barita Investments with a big 8 million units trade for $649 million following 6 million units valued $487 million on Monday.
Trading ended with 39 securities changing hands in the main and US dollar markets with 10 advancing, 19 declining and 10 trading firm. The market closed with the JSE All Jamaican Composite Index dropped 421.45 points to close at 560,406.97. The JSE Index was down 387.75 points to 510,011.86 and the JSE Financial Index slipped 0.08 points to close at 139.21.
Main market activity ended with 36 securities trading resulting in 44,023,689 units valued at $758,570,804 in contrast to 98,349,184 units valued at $1,160,920,073 from 35 securities trading on Monday.
JMMB Group 7.5% preference share led trading with 22 million units for 50 percent of total volume, followed by Barita Investments with 8 million units accounting for 18 percent of the day’s trade and Wigton Windfarm with 7 million shares for 16 percent of the market’s trade. Also trading more than a million shares, were, Sagicor Select Funds with 2 million shares changing hands and QWI Investments with 1.5 million units and closing at an all-time low of $1.19.
The Market closed with an average of 1,222,880 units valued at an average of $21,071,411 for each security traded, in contrast to 2,809,977 units for an average of $33,169,145 on Monday. The average volume and value for the month to date amounts to 1,147,595 shares at $11,637,677 for each security traded and previously 1,360,410 units valued at $9,708,050 for each stock traded. The market closed out September with an average of 1,585,081 units valued at $14,071,562 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 11 stocks ended with bids higher than their last selling prices and 3 with lower offers.
In main market activity, Barita Investments gained 36 cents to settle at $79.86 with an exchange of 8,128,881 shares, Berger Paints lost 40 cents to close at $18.60 with 3,835 units trading, Carib Cement closed 64 cents lower after 14,950 shares changed hands to end at $79.36. Jamaica Broilers ended with a loss of $1.99, closing at $36.01 as 145,234 shares traded, Jamaica Stock Exchange lost 40 cents, after exchanging 36,003 shares to settle at $29, JMMB Group closed 99 cents lower at $45, with 30,369 shares changing hands. Kingston Wharves jumped $3 to settle at $60, after trading 1,642 shares, NCB Financial slid $1 to close at $204 while exchanging 41,451 units, PanJam Investment closed $2 lower in swapping 39,968 shares to end at $103. Portland JSX gained 50 cents in trading 5,200 shares to close at $8.50, Scotia Group dropped $3 to $58 with 9,900 shares changing hands, Seprod declined by $2.50 to end at $51 with an exchange of 101,439 shares and Sygnus Credit Investments gained 69 cents, after exchanging 101,048 shares.
Trading in the US dollar market ended with 259,948 units valued US$81,583 with the market index rising 0.29 points to close at 198.91. Proven Investments exchanged 230.020 shares, to close at 27 US cents and JMMB Group 6% preference share traded 17,865 units, losing 1 US cent to end at 99 US cents.

Strong Junior Market suffers big drop

The Junior Market of the Jamaica Stock Exchange dived 71.97 points to close at 3,413.32 in trading on Tuesday, almost wiping out the 73 points gain over the past two trading days.
The market closed with 29 securities crossing the exchange versus 31 on Monday and ended with the prices of just 3 securities advancing, 23 falling, 2 remaining unchanged while two traded at a 52 weeks’ low.
Market activities, resulted in an exchange of 2,395,994 units valued at $16,463,282 compared to 1,540,695 units valued $7,317,969 changing hands on Monday.
Trading ended with an average of 85,571 units for an average of $587,974 in contrast to 49,700 units for an average of $236,063 on Monday. The average volume and value for the month to date amounts to 86,454 units at $435,372 compared to 86,618 units at $407,075 previously, in contrast, September closed with an average of 954,574 units valued at $2,612,695 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Access Financial lost $1.50 to close at $35, after swapping 22,326 shares, AMG Packaging shed 11 cents in trading of 5,000 units at $1.89, Blue Power declined $1.05 to settle at $7.60 and trading 45,579 shares, Caribbean Cream exchanged 98,000 shares and declined 35 cents to settle at $4.60. Consolidated Bakeries dipped 4 cents in trading of 1,000 units at $1.76, Dolphin Cove ended with a loss of $1 to close at a 52 weeks’ low of $9 with 561,451 stock units changing hands, Derrimon Trading ended with a loss of 1 cent at $2.57 with 45,419 stock units changing hands. Express Catering closed with a loss of 19 cents at $6.15, in swapping of 25,100 shares, Elite Diagnostic declined 15 cents in trading of 24,674 units at $5.45, Fosrich fell 5 cents in exchanging 42,991 units at $4.90, Fontana lost 45 cents trading 516,008 shares to close at $7.55. General Accident declined 7 cents with 53,791 units crossing the exchange at $6.63, Honey Bun ended trading 505 shares, after rising 16 cents to end at $6.54, iCreate declined 3 cents in trading of 2,000 units at 70 cents, Indies Pharma declined by 2 cents to settle at $3.30 while 55,250 units changing hands. Iron Rock Insurance fell 5 cents in trading of 88,900 units at $3.95, Jamaican Teas climbed 10 cents and exchanged 87,914 shares in closing at $6.10, Knutsford Express ended with a loss of 1 cent at $10.99 with 2,855 stock units changing hands. Lasco Distributors closed trading of 8,830 units and gained 20 cents to end at $3.90, Lasco Financial shed 10 cents in trading of 319,907 units at $4.80, Lasco Manufacturing declined 10 cents trading 102,211 units at $5.40. Limners and Bards ended market activity exchanging 11,200 shares to close at $2.62 after falling 18 cents, Main Event fell 40 cents in trading of 600 units at $5.60, Paramount Trading ended with a loss of 1 cent at $2.24 with 10,000 stock units changing hands. Stationery and Office Supplies ended with a loss of $1 at $11 with 116,071 stock units changing hands and SSL Venture declined 34 cents in trading 46,412 shares to close at a 52 weeks’ low of $1.01.

Prices of securities trading for the day are those at which the last trade took place.

Sharp fall for JSE main market

All major indices on the main market of the Jamaica Stock Exchange declined sharply at the close on Monday with a big rise in the volume and value of stocks traded.
At the close, the JSE All Jamaican Composite Index plummeted 7,135.15 points to close at 560,828.42. The JSE Index fell 6,459.35 points to 510,399.61 and the JSE Financial Index lost 2.10 points to close at 139.29.
Trading ended with 37 securities changing hands in the main and US dollar markets with 14 advancing, 15 declining and 8 trading firm. Main market activity ended with 35 securities trading resulting in 98,349,184 units valued at $1,160,920,073 in contrast to 23,630,643 units valued at $239,877,355 on Friday.
Wigton Windfarm led trading with 64.8 million shares for 66 percent of total volume, followed by Supreme Ventures with 10 million units accounting for 10 percent of the day’s trade and Sagicor Select Funds with 6.4 million shares for 7 percent of the market’s trade. Also trading more than a million shares, are Barita Investments with 6,101,250 shares, Scotia Group with 3.88 million shares changing hands and QWI Investments with 2.1 million units and JMMB Group 7.5% preference share ended with 2 million units crossing the exchange.
The Market closed with an average of 2,809,977 units valued at an average of $33,169,145 for each security traded, in contrast to 675,161 units for an average of $6,853,639 on Friday. The average volume and value for the month to date amounts to 1,360,410 shares at $9,708,050 for each security traded and previously 1,000,589 units valued at $3,884,374 for each stock traded. The market closed out September with an average of 1,585,081 units valued at $14,071,562 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and 2 with lower offers.
In main market activity, Barita Investments closed 50 cents lower to settle at $79.50 with an exchange 6,101,250 shares worth $487 million, Berger Paints lost 50 cents to close at $19 with 20,717 units traded, Carib Cement gained $2.92 after 8,916 shares changed hands to end at $80. Grace Kennedy ended with a loss of $1, in closing at $70 with 248,951 shares trading, Jamaica Stock Exchange advanced $2.38, after exchanging 64,247 shares to settle at $29.40, JMMB Group closed 51 cents lower at $45.09, after trading down to $35.01 with 315,833 shares changing hands. Kingston Properties lost 60 cents to settle at $5 after trading a mere 150 units, Kingston Wharves dropped $4.50 to $57 with exchange of 34,350 shares, NCB Financial slid $1.10 to settle at $205 while exchanging of 152,373 units, 138 Student Living lost 50 cents to close at $3.25, after trading 12,429 shares. PanJam Investment gained 99 cents in swapping 1,706 shares in ending at $105, Sagicor Group dropped $1 to settle at $70 in trading 120,538 shares, Scotia Group closed 50 cents lower to $61 with 3,881,903 shares changing hands. Seprod declined by $1.50 to end at $53.50 with an exchange of 23,606 shares and Supreme Ventures ended at $27, after advancing $1 in trading 10,002,453 shares.
Trading in the US dollar market ended with 7,966 units valued US$2,180 with the market index rising 0.11 points to close at 198.62. Proven Investments exchanged 7,866 shares, to close at 27 US cents after a marginal gain from 26.99 US cents and Productive Business Solutions traded 100 units after losing 2.5 US cents to end at 57.50 US cents.