Junior Market moved higher – Monday

The Junior Market of the Jamaica Stock Exchange ended trading on Monday with 28 securities changing hands, as 10 securities advanced, 7 declined and 8 remained unchanged. The Junior Market Index advanced 9.89 points to 3,425.09.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 6 stocks ending with bids higher than their last selling prices, 5 closed with lower offers, a negative pointer for trading on Tuesday.
Market activities, resulted in an exchange of 1,710,272 units valued at $8,314,488 compared to 2,257,896 units valued at $8,866,130 on Friday, from the trading of 28 securities.
Trading closed with an average of 61,081 units for an average of $296,946 in contrast to 80,639 units for an average of $316,647 on Friday. Trading for the month to date averages 73,884 for an average of $309,271 compared to averages of 76,500 for an average of $311,790 previously. September, ended with an average of 484,335 at $2,628,299 for each security traded.
At the close of trading, AMG Packaging ended at $1.95, after trading 162,000 stock units, CAC 2000 finished at $18.80, with 4,628 shares changing hands, Caribbean Cream ended trading $1.73 higher to close at $7.89, with 92,416 shares, Caribbean Flavours traded 2,000 stock units at $19, Caribbean Producers finished trading 125,661 units with a loss of 8 cents at $6.20. Consolidated Bakeries closed 40 cents higher at $2.40, with 270 shares traded, Derrimon Trading ended at $3, with 66,000 shares changing hands, Dolphin Cove concluded trading of 66,405 shares $1 higher at $17, Elite Diagnostic finished 25 cents higher at $3.45, exchanging 620 stock units. Everything Fresh ended trading of 114,400 shares and fell 10 cents to $2, Express Catering ended trading 166,739 shares and rose 1 cent higher to $8.40, FosRich Group traded 17,253 shares and rose 1 cent to close at a 52 weeks’ high $4.01, General Accident finished trading 29,810 shares and rose 20 cents higher to $4, GWest Corporation closed 3 cents higher at $1.93, trading 7,012 stock units. Honey Bun ended 4 cents higher at $3.95, while exchanging 46,014 units, Indies Pharma gained 5 cents and ended with 336,300 shares changing hands to close at $3.35. Iron Rock concluded trading 11,100 shares at $5, Jamaican Teas settled with a loss of 9 cents at $4.51, with 8,468 shares being exchanged, Jetcon Corporation ended trading 50,514 stock units with a loss of 1 cent to end at $3.95. KLE Group finished trading 300 shares at $3.75, Knutsford Express closed at $12, with 1,100 shares trading, Lasco Distributors ended with a loss of 2 cents at $3.99, in exchanging 260,460 shares, Lasco Financial concluded trading with a loss of 2 cents at $5.45, with 61,065 stock units. Lasco Manufacturing closed 13 cents higher at $3.99, exchanging 4,868 units, Main Event settled with a loss of 1 cent at $6.64, after trading 500 shares, Paramount Trading traded with a loss of 1 cent at $2.90, with 1,000 shares and Stationery and Office finished trading at $9.45, with 7,401 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.

More gains for Junior Market – Friday

The Junior Market Index rose 14.27 points to close at 3,415.20, after 28 securities changed hands, resulting in the prices of 12 securities rising, 7 declining and 9 remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 7 stocks ending with bids higher than their last selling prices, 3 closed with lower offers.
Market activities, resulted in an exchange of 2,257,896 units valued at $8,866,130 compared to 2,660,833 units valued at $11,718,330 on Thursday, from trading 28 securities.
Trading closed with an average of 80,639 units for an average of $316,647 in contrast to 104,192 units for an average of $364,931 on Thursday. Trading for the month to date averages 76,500 for an average of $311,790 compared to averages of 75,437 for an average of $310,542 previously. September, ended with an average of 484,335 at $2,628,299 for each security traded.
At the close of trading, Access Financial lost $2 to close at $46, in exchanging 1,790 shares, AMG Packaging ended at $1.95, trading 134,947 stock units, CAC 2000 finished at $18.80, trading 1,028 shares, Cargo Handlers settled 24 cents higher at $13.75, with 3,400 shares changing hands, Caribbean Cream ended trading 50,052 shares with a loss of $1.69 at $6.16. Caribbean Flavours traded 760 stock units, at $19, Caribbean Producers rose 3 cents trading 67,300 units to close at $6.28, Consolidated Bakeries closed at $2, with 6,068 shares trading, Derrimon Trading ended 10 cents higher at $3, with 230,398 shares changing hands. Elite Diagnostic finished 5 cents higher at $3.20, with 170,003 stock units being exchanged, Everything Fresh ended trading of 241,493 shares at $2.10, Express Catering ended trading 158,804 shares and rose 4 cents to $8.39, FosRich Group traded 15 cents higher at $4, with 6,459 shares changing hands, GWest Corporation closed at $1.90, with 5,000 stock units changing hands. Honey Bun ended with a loss of 4 cents at $3.91, after trading 211,872 units, Indies Pharma rose 10 cents and ended with 671,846 shares changing hands to close at $3.30. Iron Rock concluded trading of 800 shares at $5, Jamaican Teas settled with a loss of 5 cents at $4.60, exchanging 100 shares, Jetcon Corporation ended trading 157,389 stock units and rose 6 cents to $3.96, KLE Group finished trading with a loss of 5 cents at $3.75, with 31,700 shares, Knutsford Express closed at $12, in exchanging 5,632 shares, Lasco Distributors ended with a loss of 9 cents at $4.01, with 33,567 shares changing hands, Lasco Financial concluded trading 5 cents higher at $5.47, with 23,234 stock units. Lasco Manufacturing finished 13 cents higher at $3.86, trading 13,500 units, Main Event settled with a rise of 15 cents to $6.65, trading 1,000 shares, Medical Disposables ended trading 7 cents higher at $6.07, with 7,526 shares being exchanged, SSL Venture Capital traded 1,000 shares at $2.30 after trading at a 52 weeks’ high of $2.50 and Stationery and Office finished trading with a loss of 5 cents at $9.45, with 21,228 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place.

All Jamaica leaps to record 416,956

The Jamaica Stock Exchange main market climbed sharply on Friday to a new record high after recording the second highest gain in the market’s history, second only to the 9,823 points rise on Monday, this week.
At the end of trading, All Jamaica Composite Index surged 9,736.35 points to a record close of 416,956.11 and the JSE Index jumped 8,870.92 points to a record close of 379,894.21.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading shows 11 stocks ending with bids higher than the last selling prices and 3 closing with lower offers, suggesting mostly gains ahead for stocks.
A total of 32 securities traded including 3 in the US dollar market, compared to 29 trading on Thursday with the prices of 15 securities rising, 8 declining and 6 holding firm.
There were 6 securities trading at 52 weeks’ highs during the day, with 4 ending at a 52 weeks’ closing highs Stocks trading at new highs are Kingston Wharves, JMMB Group, NCB Financial Group and Salada Foods, while Radio Jamaica ended at a 52 weeks’ low.
Trading ended with major contraction in trading volume in the main market compared to Thursday’s levels, with 3,405,863 units valued at $88,834,288 changing hands compared to 50,485,890 units valued at $464,344,297 on Thursday.
Trading closed with Mayberry Investments trading 1,114,541 shares and 32.7 percent of the day’s volume with the price closing at $9.11 after falling 24 cents. Sagicor Group accounted for 520,345 shares or 15.3 percent of the day’s volume, followed by Barita Investments with 261,000 shares and 7.7 percent of the volume traded.
Trading resulted in an average of 117,444 units valued at over $3,063,251, in contrast to 1,803,068 shares valued at $16,583,725 on Thursday. The average volume and value for the month to date amounts to 448,288 shares, valued $6,994,366 and previously, 533,195 shares, valued $6,208,222. September closed, with an average of 1,022,243 shares valued $15,752,876, for each security traded.
In the main market activity, Barita Investments gained 30 cents and closed at $18.80, while 261,000 shares were traded up to an intra-day high of $20, Berger Paints climbed 99 cents and ended at $21.99, with 10,142 stock units trading, Jamaica Broilers jumped $4.49 in trading 13,273 stock units stock units at $32.49, JMMB Group climbed $2 and ended at a 52 weeks’ high of $37, trading 26,182 shares, Kingston Wharves jumped $7.90 and finished at a record high of $83, trading 26,042 stock units, Mayberry Investments rose 58 cents to finish at $9, trading 1,114,541 stock units, NCB Financial Group gained $1 trading 232,956 shares to end at a record close of $133.50, Sagicor Real Estate Fund rose $1.50 to $15, trading 190,908 shares, Salada Foods gained 71 cents and ended trading at a 52 weeks’ closing high of $20.71, with 5,941 stock units, after it traded earlier at a high of $23, Scotia Group shed $2 in trading 520,345 units to close at $60, Seprod jumped $2.20 in trading 3,289 shares to close at $49, Stanley Motta lost 75 cents to close at $4.50 with 4,600 shares trading and Supreme Ventures lost $1.20 in trading 83,624 shares to end at $20.50.Trading in the US dollar market closed with 50,772 units valued at $10,647, changing hands. JMMB Group 6% preference share completed trading of 1,800 after inching up by 1 cent to close at $1.07, Proven Investments traded 27,950 shares to close at 23 US cents and Sygnus Credit Investments US dollar based ordinary share, rose 1 cent in trading 21,022 shares to end at 11 US cents. The JSE USD Equities Index gained 0.51 points to 175.15.

NIR steady despite BOJ sales

Add your HTML code here...

Jamaica’s Net International Reserves slipped by just US$32 million in September according to data just released by the country’s central bank – Bank Of Jamaica ( BOJ).
According to BOJ the NIR stood at US$3.027 billion at the end of September down marginally from US$3.027 billion at the end of August. Reserves amounts to just over 19 weeks of Goods & Services Imports, the central bank states.
The change comes against the back ground of sale of US$41 million in B-FXITT weekly auction of foreign currency.

JSE hits new record then drops

Bulls prowling around Jamaican stocks.

The Jamaica Stock Exchange main market climbed to another record high on Thursday but pulled back towards the close, as the price of Scotia Group traded down to $56 and Grace Kennedy falling at the close.
The All Jamaica Composite Index peaked with gain of 3,093.31 points to a record 411,545.91. At the end of trading, All Jamaica Composite Index declined by 1,232.84 points to close at 407,219.76 and the JSE Index dipped 1,123.25 points to 371,023.29.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading shows 11 stocks ending with bids higher than the last selling prices and 3 closing with lower offers, suggesting mostly gains ahead for stocks.
A total of 29 securities traded including 1 in the US dollar market, compared to 32 trading on Wednesday with the prices of 15 securities rising, 8 declining and 6 holding firm. There were 6 securities trading at 52 weeks’ highs during the day, with 3 ending at a 52 weeks’ closing highs.
The main market ended with 50,485,890 units valued at $464,344,297 compared to 2,630,637 units valued at over $70,273,331 changing hands on Wednesday.
Trading closed with Carreras trading 46,297,844 shares and 91.7 percent of the day’s volume with the price closing at $9.11 after falling 24 cents. JMMB Group accounted for 1,650,000 shares or 3.3 percent of the day’s volume, followed by Ciboney Group with 760,000 shares and 1.5 percent of the volume traded.
Trading resulted in an average of 1,803,068 units valued at over $16,583,725, in contrast to 132,745 shares valued at $3,474,891 on Wednesday. The average volume and value for the month to date amounts to 533,195 shares, valued $6,208,222 and previously, 114,884 shares valued $2,790,409. September closed, with an average of 1,022,243 shares valued $15,752,876, for each security traded.
In the main market activity, Grace Kennedy fell $2 in trading 73,275 shares, to close at $61, after the price hit a record $75 in early trading, Jamaica Broilers dropped $3 in trading 406,744 stock units at $28, JMMB Group climbed $2 and ended at a 52 weeks’ high of $35, trading 50,818 shares, Mayberry Equities rose 41 cents to finish at closing high of $12.01, trading 55,088 stock units, NCB Financial Group rose $2.50 ended trading with 19,709 shares at record close of $132.50, Portland JSX ended at $8.50, with 55,000 units trading after falling 50 cents, Sagicor Group rose 78 cents to end at $40, with 4,149 shares changing hands, Sagicor Real Estate Fund rose 41 cents to $13.50, trading 122,940 shares, Scotia Group added $1 in trading 48,191 units to close at $62 after it fell to $56 in earlier trading, Seprod jumped $3.56 in trading 32,849 shares at $46.80, Sterling Investments declined by $1.99 and closed at $22.01, with 38,149 shares changing hands after trading at an all-time intraday high of $28 and Supreme Ventures rose 70 cents in trading 202,949 shares to end at $21.70 and Wisynco Group lost 25 cents to finish at $9.30, with 246,788 units trading.
Trading in the US dollar market closed Proven Investments being the sole trade with 134,200 shares to close at 23 US cents. The JSE USD Equities Index closed unchanged at 174.64.

More gains for Junior Market – Thursday

The Junior Market Index gained 19.14 points to close at 3,400.93, after 28 securities changed hands, resulting in the prices of 16 securities rising, 8 declining and 5 remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 6 stocks ending with bids higher than their last selling prices, 1 closed with a lower offer.
Market activities, resulted in an exchange of 2,660,833 units valued at $11,718,330 compared to 2,813,183 units valued at $9,853,139 on Wednesday, from trading 27 securities.
Trading closed with an average of 95,030 units for an average of $418,512 in contrast to 104,192 units for an average of $364,931 on Wednesday. Trading for the month to date averages 75,437 for an average of $310,542 compared to averages of 68,664 for an average of $273,220 previously. September, ended with an average of 484,335 at $2,628,299 for each security traded.
At the close of trading, AMG Packaging ended at $1.95, with 205,213 shares changing hands, Cargo Handlers settled with a loss of $1.49 to $13.51, in exchanging 6,800 shares, Caribbean Cream lost 6 cents to close at $7.85, with 86,620 shares changing hands, Caribbean Flavours traded 5,200 stock units and rose $2 to end at $19, Caribbean Producers finished trading 48,552 units with a loss of 5 cents at $6.25, Derrimon Trading ended 20 cents higher at $2.90, with 248,952 shares changing hands. Elite Diagnostic finished 8 cents higher at $3.15, with 6,000 stock units changing hands, Everything Fresh gained 19 cents and ended trading of 46,790 shares at $2.10, Express Catering ended trading 385,115 shares with a loss of 6 cents at $8.35, FosRich Group traded 6,500 shares and gained 55 cents to $3.85, General Accident finished trading 420,991 shares, at $3.80, Indies Pharma rose 4 cents and ended with 628,525 shares changing hands to close at $3.20. Honey Bun ended 10 cents higher at $3.95, with 1,769 units changing hands, Iron Rock concluded trading of 15,000 shares and climbed 10 cents higher to $5, Jetcon Corporation ended trading with 35,000 stock units with a loss of 9 cents at $3.90. Key Insurance traded at $3.08, with 148 units changing hands, Knutsford Express closed 32 cents higher at $12, with 1,142 shares, Lasco Distributors ended 9 cents higher at $4.10, with 19,022 shares changing hands, Lasco Financial concluded trading of 29,062 stock units with a loss of 8 cents at $5.42. Lasco Manufacturing finished with a loss of 12 cents at $3.73, with 12,460 units trading, Main Event settled 25 cents higher at $6.50, with 600 shares, Paramount Trading climbed 16 cents higher to $2.91, exchanging 89,375 shares, Stationery and Office finished trading 13,018 stock units and rose 31 cents to $9.50 and tTech ended 5 cents higher at $5.60, with 18,102 shares changing hands. In the junior market preference segment, Derrimon Trading 9% ended 26 cents higher at $2.51, trading 174,000 stock units, Eppley 8.75% finished at $6, with 145,607 shares, Eppley 9.5% settled with a loss of 2 cents at $6, with 1,270 shares, changing hands.
Prices of securities trading for the day are those at which the last trade took place.

More records signaled for JSE

Jamaica Stock Exchange main market climbed to another record close on Wednesday past the 408,000 points mark based on the movement of the All Jamaica Composite Index. Closing quotes suggest that the market should move higher on Thursday.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading shows 10 stocks ended with bids higher than their last selling prices and only 1 closing with a lower offer, suggesting mostly gains ahead for stocks.
At the end of trading All Jamaica Composite Index climbed 3,109.71 points to close at a record closing high of 408,452.60 and the JSE Index jumped 2,833.30 points to a record close of 372,146.54.
A total of 32 securities traded including 3 in the US dollar market, compared to 29 trading on Tuesday with the prices of 20 securities rising, 5 declining and 4 that held firm. The market had 4 new highs during trading but ended with just two closing at a 52 weeks’ high.
The main market ended with 2,630,637 units valued at over $70,273,331 changing hands, compared to 3,284,901 units valued at $66,139,568 changing hands on Tuesday.
Trading closed with JMMB Group accounting for with 740,000 shares or 19.22 percent of the day’s volume, followed by Sagicor Group with 539,066 units and 14 percent of the volume traded and Grace Kennedy with 434,750 units and 11.3 percent of the day’s volume.
Trading resulted in an average of 132,745 units valued at over $3,474,891, in contrast to 97,431 shares valued at $2,602,716 on Tuesday. The average volume and value for the month to date amounts to 114,884 shares valued $2,790,409 and previously, 105,635 shares valued $2,435,945. 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 dropped $1.50 and ended at $21, trading 12,969 stock units, Caribbean Cement lost 90 cents to finish at $49.10, in trading 20,497 shares, Jamaica Broilers rose $1 in trading 25,397 stock units at $31, Jamaica Producers lost $2 to close at $30, trading 204,464 stock units, Kingston Wharves added $1.10 to close at a record $75.10, with 6,139 stock units changing hands, Mayberry Equities rose 15 cents to finish at closing high of $11.60, trading 122,247 stock units, PanJam Investment rose 5 cents and ended at 52 weeks’ closing high of $64.90, while exchanging 3,376 stock units, Portland JSX ended at $9 with 19,245 units trading after falling 50 cents, Pulse Investments lost 40 cents and concluded trading of 24,989 shares at $2.40, Sterling Investments close at $24, with 19,180 shares changing hands after trading at an all-time intraday high of $28 and Supreme Ventures rose $1.50 in trading 88,917 shares to end at $21.
Trading in the US dollar market closed with 70,385 units valued at $22,180 as JMMB Group 6 percent preference share concluded trading of 50,000 shares at $1.06, Margaritaville rose 4.1 cents and ended at $0.24 with 1,200 shares trading and Proven Investments traded 3,200 shares to close at 23 US cents. The JSE USD Equities Index advanced by 1.73 points to close at 174.64.

Junior Market edge higher – Wednesday

The Junior Market Index advanced 14.25 points on Wednesday to 3,381.79, after 27 securities changed hands, resulting in the prices of 10 securities rising, 10 declining and 7 remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading had 6 stocks ending with bids higher than their last selling prices, 1 closed with a lower offer.
Market activities, resulted in an exchange of 2,813,183 units valued at $9,853,139 compared to 1,606,501 units valued at $7,572,441 on Tuesday, from trading 28 securities.
Trading closed with an average of 104,192 units for an average of $364,931 in contrast to 57,375 units for an average of $270,444 on Tuesday. Trading for the month to date averages 68,664 for an average of $273,220 compared to averages of 50,901 and $227,364 previously. September, ended with an average of 484,335 at $2,628,299 for each security traded.
At the close of trading, AMG Packaging gained 5 cents to $1.95, in trading 1,197,742 stock units, Blue Power concluded trading of 13,398 units with a loss of 15 cents at $5.85, CAC2000 finished with a loss of 20 cents at $18.80, while exchanging 15,327 shares, Cargo Handlers settled at $15, with 338 shares trading, Caribbean Cream ended trading with a loss of 9 cents at $7.91, with 133,316 shares changing hands. Caribbean Flavours traded 1,000 stock units at $17, Caribbean Producers finished trading 55,688 units with a loss of 5 cents to end at $6.30, Consolidated Bakeries closed at $2, with an exchange of 1,000 shares, Derrimon Trading ended with a loss of 23 cents at $2.70, with 203,686 shares changing hands. Dolphin Cove concluded trading of 2,370 shares, rising $1.01 to $16, Elite Diagnostic finished with a loss of 8 cents at $3.07, with 87,300 stock units changing hands, Everything Fresh ended trading of 180,782 shares at $1.91, Express Catering ended trading 85,088 shares and rose 1 cent to $8.41, FosRich Group traded 71,006 shares at $3.30 after trading at an intraday high of $4. GWest Corporation closed with a loss of 7 cents at an all-time low of $1.90, with an exchange of 14,863 stock units, Honey Bun ended 15 cents higher at $3.85, with 23,041 units changing hands, Indies Pharma lost 9 cents and ended with 238,186 shares changing hands to close at $3.16. Jetcon Corporation ended trading of 66,436 stock units after rising 13 cents higher to $3.99, KLE Group finished trading with 6,276 shares at $3.80, Knutsford Express closed at $11.68, with 8,990 shares changing hands, Lasco Distributors ended 5 cents higher at $4.01, trading 165,267 shares, Lasco Financial concluded trading of 136,768 stock units and added 10 cents to close at $5.50, Lasco Manufacturing finished 10 cents higher at $3.85, with 21,530 units trading. Main Event settled 15 cents higher at $6.25, with 12,457 shares changing hands, Medical Disposables ended trading of 4,060 shares and rose 50 cents to $6, Stationery and Office finished trading with a loss of 1 cent at $9.19, with an exchange of 66,295 stock units and Sweet River closed with a loss of 6 cents at $3.80, with 973 units changing hands.
Prices of securities trading for the day are those at which the last trade took place.

6 TTSE stocks rise 1 fall on Tuesday

The Trinidad & Tobago Stock Exchange, closed with the two main indices gaining on Tuesday. At the close, the Composite Index rising by 2.11 points to 1,220.07, the All T&T Index adding 4.16 points to 1,693.43, while the Cross Listed Index remained unchanged at 100.37.
At close, 14 securities changed hands, with the price of 6 rising, 1 declining and 7 remaining unchanged, against 12 trading on Monday.
The market ended trading of 624,349 shares valued $13,033,986, compared to 568,679 shares valued $22,800,556 changing hands on Monday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading closed with 6 stocks ending with higher bids than the last selling prices and 2 with lower offers.
Stocks closing with gains| Ansa Mcal advanced $1.50 completed trading of 106,017 units at $57, Clico Investments gained 4 cents and ended at $19.84, with 6,868 stock units changing hands, First Citizens added 20 cents and settled at $32.80, while exchanging 3,185 shares, Prestige Holdings increased 3 cents and completed trading of 272,400 units at $7.53, Republic Financial Holdings rose 1 cent and ended at a 52 weeks’ high of $103.70, trading 414 shares and Trinidad Cement closed with a gain of 4 cents at $2.90, after exchanging 1,300 shares.
Stocks closing with losses| One Caribbean Media fell 1 cent to $12.10, after exchanging 300 shares.
Stocks trading with no price change| Guardian Holdings completed trading at $16.90, with 12,452 units changing hands, Massy Holdings closed at $47.05, after exchanging 460 shares, National Flourcompleted trading with 32,300 units at $1.60, Sagicor Financial ended at $7.75, with 134,470 stock units changing hands, Scotiabank completed trading of 27,555 units, at $64.94, Trinidad & Tobago NGL settled at $29.11, after exchanging 12,687 shares and West Indian Tobacco completed trading of 13,941 units at $88.44.
Prices of securities trading for the day are those at which the last trade took place.

New record high for JSE main market

Jamaica Stock Exchange main market surged past the 405,000 points for the first time based on the movement of the All Jamaica Composite Index on Tuesday aided by the prices of 20 stocks rising.
At the end of trading All Jamaica Composite Index advanced 2,242.60 points to a record close of 405,342.89 and the JSE Index rose 2,043.26 points to a record close of 369,313.24.
A total of 29 securities traded including 2 in the US dollar market, compared to 33 trading on Monday with the prices of 20 securities rising, 5 declining and 4 that held firm. The market closed with 4 new highs with three closing at a 52 weeks’ high and Radio Jamaica trading at a 52 week’s low of 90 cents.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and only 2 closing with lower offers.
The main market ended with 2,630,637 units valued at over $70,273,331 changing hands, compared to 3,284,901 units valued at $66,139,568 changing hands on Monday.
Trading closed with Sagicor Real Estate Fund accounting for 598,360 units or 22.75 percent of the day’s volume, followed by Wisynco Group with 522,434 units and 19.86 percent of the volume traded and NCB Financial Group with 211,075 units and 8 percent of the day’s volume.
Trading resulted in an average of 97,431 units valued at over $2,602,716, in contrast to 113,272 shares valued at $2,280,675 on Monday. The average volume and value for the month to date amounts to 1,022,243 shares valued $15,752,876. September closed, with an average of 1,022,243 shares valued $15,752,876, for each security traded.
In the main market activity, Caribbean Cement rose $2 to finish at $50, in trading 157,526 shares, Grace Kennedy climbed $3 and ended trading 39,239 shares at a 52 weeks’ high of $63, Jamaica Producers rose $4 to close at 52 weeks’ closing high of $32, trading 59,422 stock units, JMMB Group gained 49 cents and ended at $32.99, with 150,136 shares trading, Kingston Wharves added $2 to close at $74, with 5,513 stock units changing hands, Mayberry Investments climbed 25 cents to finish at $8.50, with 93,300 stock units trading, Mayberry Equities rose 45 cents to finish at $11.45, trading 21,567 stock units, NCB Financial Group climbed $1.25 and ended trading of 211,075 shares at $130, while 138 Student Living rose $1.20 and finished at $5 while trading 10,000 stock units, PanJam Investment jumped 35 cents and ended at 52 weeks’ closing high of $64.85, while exchanging 76,624 stock units, Portland JSX climbed $1.15 and ended at $9.50, in exchanging 51,000 units. Sagicor Real Estate Fund jumped $1.89 to settle at $13, trading 598,360 shares, Salada Foods rose $1.20 and ended trading of 101,826 stock units at 52 weeks’ high of $20, Seprod traded 1,605 units after gaining 50 cents to close at $43.50, Scotia Group lost $1.10 trading 6,756 units to close at $60.90, Sterling Investments jumped $1 to end at a 52 weeks’ closing high at $24, with 22,457 shares changing hands and Supreme Ventures dropped $4.40 in trading 27,237 shares to end at $19.50.
Trading in the US dollar market closed with 70,385 units valued at $22,180 as JMMB Group 5.75 percent preference share concluded trading of 3,385 shares at $2 and Proven Investments traded 67,000 shares and rose 3 cents to close at 23 US cents. The JSE USD Equities Index advanced by 11.88 points to close at 172.91.