Heavy trading continues for JSE majors – Monday

The main market of the Jamaica Stock Exchange major indices suffered sharp lossesat the close on Monday, with the market having another day of big volume.
Main market activity ended with 22,820,352 units valued at $1,138,660,815 compared with 34,337,150 units valued at $729,254,221, on Friday.
At the close, the All Jamaican Composite Index dived 8,017.57 points to close at 406,165.98 and the JSE Index plunged 7,297.03 points to close at 370,071.16. Adjustment to the average price of NCB Financial compared to that on Friday, was the major contributing factor to the sharp correction to the indices with the JSE reported closing price being $142.81 versus $148.99 on Friday as opposed to the last traded price of $145 on both days.
The main and US markets traded a total of 32 securities, with prices of 10 rising, 11 declining with 11 remaining unchanged, compared to 33 securities trading on Friday.
Sagicor Group led trading with 5,552,292 units for 24 percent of the day’s volume, followed by  Scotia Group with 4,982,116 units and accounting for 22 percent of the total main market volume changing hands, NCB Financial Group traded 3,598,470 shares and 15.8 percent of main market volume. Also trading in large volumes are, Victoria Mutual Investments with 2,402,133 units, JMMB Group exchanging 2,333,919 shares and Jamaica Stock Exchange with 1,011,290 shares changing hands.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 10 stocks ending with bids higher than their last selling prices and 2 closing with lower offers. The reading is far less bullish than the reading at the close of Friday, of 15 to 2.
An average of 786,909 units valued at $39,264,166, in contrast to 1,107,650 shares valued at $23,524,330 on Friday. The average volume and value for the month to date amounts to 952,625 units valued at $31,131,917. Trading for January resulted in an average of 101,980 units valued at $3,042,494, for each security traded.
In main market activity, Barita Investments lost 30 cents in closing at $51.50, with 5,650 shares changing hands, Berger Paints gained $1 to end at $21.00, with just 136 stock units trading, Jamaica Producers rose 70 cents to close at $23, with 660 shares changing hands. Jamaica Stock Exchange closed trading with 1,011,290 units changing hands compared to 2,677,014 units on Friday with a decline of 35 cents to $12.65, JMMB Group fell 49 cents to close at $32.50, trading 2,333,919 shares, Proven Investments dropped $8 trading 893,487 units to close at $28. Sagicor Group rose 49 cents trading just under 5.6 million stock units, to close at $39.99, Salada Foods dropped $4 to $38 in trading 10,084 units, Scotia Group climbed $3.67 and finished trading of 4,982,116 shares at $53.97 and Seprod lost 48 cents to end at $33.02 with an exchange of 22,224 shares.
Trading in the US dollar market resulted in 840,023 units valued at $179,653 changing hands. JMMB Group  5.75% preference share traded 400 units at US$2, JMMB Group 6% preference share concluded trading of 3,040 units at US$1.04 and Proven Investments traded 836,583 units at 21 US cents The JSE USD Equities Index closed unchanged at 165.63.

Junior Market makes solid gain – Monday

The Junior Market index of the Jamaica Stock Exchange climbed by a strong 45.78 points to closed at 3,189.56 at the end of trading on Monday as the prices of 8 securities rose, 6 declined and 7 remained unchanged.
 Trading ended with 21 securities changing hands on Monday, compared to 27 securities changing hands on Friday, resulting in an exchange of 3,820,986 units valued at $12,854,001, compared to 970,997 units valued at $3,844,893, on Friday. Fontana recorded the leading trade with just under 2.8 million units valued $9.8 million.
Trading ended with an average of 181,952 units for an average of $612,095 in contrast to 35,963 units for an average of $142,403 on Friday. The average volume and value for the month to date, amount to 99,833 shares valued at $347,894, in contrast, the average trade in January was 2,245,428 units with a value of $7,372,574 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with higher bids than their last selling prices and 4 closing with lower offers.
At the close of the day’s activities, Access Financial closed $1.50 higher at $47, with 775 shares changing hands, AMG Packaging ended with a loss of 5 cents at $2.60, in trading 70,065 stock units, Blue Power concluded trading of 4,000 units for a rise of 15 cents to $5. Cargo Handlers settled with a loss of 10 cents at $14.90, with an exchange of 28,817 shares, Caribbean Cream ended trading of 13,916 shares with a loss of 50 cents at $5.35, Consolidated Bakeries closed with a loss of 5 cents at $2.03, trading 270 shares, Derrimon Trading ended 35 cents higher at $2.95, with 44,470 shares changing hands. Elite Diagnostic  finished exchanging 44,371 stock units at $3.10, Express Catering settled 45 cents higher at $7.95, with 10,191 units changing hands. Fontana closed trading at $3.50 with 2,781,214 shares changing hands, General Accident  traded 18 cents higher at $4, with 8,050 shares changing hands, GWest Corporation  finished trading 48,353 shares with a loss of 5 cents at $1.45,  Honey Bun  closed at $3.90, with 8,672 stock units trading, Indies Pharma closed at $3.05 trading 20,959 shares. Jamaican Teas  finished trading 2,316 shares at $4. Knutsford Express finished trading 3,200 shares at $12.70,  Lasco Distributors  gained 9 cents to close at $3.89, trading 62,066 shares, Lasco Financial  ended with a loss of 10 cents at $4.50, with 84,924 shares changing hands, Lasco Manufacturing  concluded trading of 500 stock units and rose 12 cents to close at $3.40.  SSL Venture Capital rose 5 cents in exchanging 567,557 shares to close at $1.75 and  Stationery and Office  closed at $8.60, with 16,300 shares changing hands.

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

Strong February start for JSE majors

JSE main market showing strong bullish signal in breaking out of a triangle.

The main market of the Jamaica Stock Exchange enjoyed strong gains on Friday, with the market indices rising sharply on surging volume trading on the first day of February.
Main market activity ended with 34,337,150 units valued at $729,254,221, up sharply from 5,924,559 units valued at $242,360,666 on Thursday.
At the close, the All Jamaican Composite Index jumped 3,813.88 points to 414,183.55 and the JSE Index climbed 3,471.13 points to end at 377,368.19.
The main and US markets traded a total of 33 securities, with prices of 15 rising, 9 declining with 9 remaining unchanged, compared to 32 securities trading on Thursday.
Sterling Investments led trading with 14,492,015 units for 42 percent of the day’s volume, followed by Stanley Motta with 9,416,100 units and accounting for 27.4 percent of the total main market volume changing hands. Jamaica Stock Exchange with 2,677,014 units for 8 percent of the day’s volume NCB Financial Group traded 2.1 million shares and Sagicor Group traded just over 1 million units.
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 2 closing with lower offers. The reading is far less bullish than the reading at the close of Thursday, of 15 to 2.
An average of 1,107,650 units valued at over $23,524,330, in contrast to 219,428 shares valued at $8,976,321 on Thursday. Trading for January resulted in an average of 101,980 units valued at $3,042,494, for each security traded.
In main market activity, Caribbean Cement added 50 cents to close at $43, with 946,432 shares changing hands, Grace Kennedy traded 287,170 stock units and lost $1.90 to close at $58, Jamaica Producers fell 70 cents to close at $22.30, with 5,838 shares changing hands. Jamaica Stock Exchange closed trading with 2,677,014 units changing hands with a rise of 50 cents to a 52 weeks’ high of $13.50, JMMB Group climbed 99 cents to close at $32.99, trading 27,642 shares, Kingston Wharves settled at $69, with an exchange of 11,574 units. NCB Financial Group lost the $7.90 it gained on Thursday, in trading 2,096,214 shares to end at $145, PanJam Investment jumped $3.85 and ended at $75, with 4,200 units trading, Proven Investments jumped $7 trading just 300 units to close at an all-time high of $35. Productivity Business  preference share gained $3 trading 1,110,200 shares at $108.01, Pulse Investments  regained the 40 cents it gave up on Thursday, to finish at $3.20, with an exchange of just 100 shares, Sagicor Group dropped $1.55 trading 1,047,258 stock units, to close at $39.50. Seprod rose 38 cents to end at $33.50 with an exchange of 102,383 shares, Stanley Motta fell 50 cents in trading 9,416,100 units to close at $4.75 and Wisynco Group lost 50 cents to settle at $10.05, with an exchange of 48,385 shares.
Trading in the US dollar market resulted in 73,267 units valued at $35,223 changing hands. JMMB 6% preference share concluded trading of 23,900 units at $1.04 and Proven Investments traded 49,367 units at 21 US cents The JSE USD Equities Index advanced by 0.11 points to close at 165.63.

Junior Market starts February with gains

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Trading on the Junior Market of the Jamaica Stock Exchange closed on Friday with 27 securities changing hands, compared to 28 securities changing hands on Thursday, with a sharp drop in the number of securities trading.
Trading ended with, the prices of 11 securities rising, 6 declining and 10 remaining unchanged leading the Junior Market Index to rise 25.47 points to end at 3,143.78.
Market activity, resulted in an exchange of 970,997 units valued at $3,844,893, compared to 12,627,615 units valued at $50,730,330, trading on Thursday.
Trading ended with an average of 35,963 units for an average of $142,403 in contrast to 450,986 units for an average of $1,811,797 on Thursday, in contrast, the average trade in January was 2,245,428 units with a value of $7,372,574 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ended with higher bids than their last selling prices and 4 closing with lower offers.
At the close of the day’s activities, Access Financial closed at $45.50, with 13,668 shares changing hands, AMG Packaging ended 19 cents higher at $2.65, with an exchange of 84,556 stock units, Blue Power concluded trading 11,384 units at $4.85, CAC 2000 finished 2 cents higher at $15.02, with 1,900 shares trading. Cargo Handlers settled at $15, while trading 2,584 shares, Caribbean Producers finished trading 2,266 units with a loss of 22 cents at $4.78, Consolidated Bakeries closed 18 cents higher at $2.08, with an exchange of 3,800 shares, Derrimon Trading ended trading 63,365 shares at $2.60, Elite Diagnostic finished 5 cents higher at $3.10, with 29,106 stock units changing hands. Everything Fresh lost 20 cents trading 119,700 shares, to close at $1.60, Express Catering settled with a loss of 30 cents at $7.50, trading 4,165 units, Fontana rose 5 cents to close at $3.50 with 164,928 shares changing hands, FosRich Group ended trading 1,100 shares, with a loss of 7 cents at $3.88. General Accident traded 48,120 shares, with a loss of 18 cents at $3.82,  GWest Corporation  finished trading 77,708 shares at $1.50,  Honey Bun closed at $3.90, with 7,500 stock units trading, Iron Rock ended 5 cents higher at $4.50, with 10,410 units changing hands, Jamaican Teas  finished at $4, trading 900 shares. Jetcon Corporation settled 10 cents higher at $3.25, with the exchange of 78,059 shares. Knutsford Express  traded 14,902 shares at $12.70, Lasco Distributors  closed at $3.80, exchanging 140,902 shares, Lasco Financial  closed with 32,549 shares changing hands and ended 10 cents higher at $4.60,  Lasco Manufacturing  concluded trading of 35,958 stock units 3 cents higher at $3.28. Main Event finished exchanging 6,247 units, with a loss of 45 cents at $6.50, Stationery and Office traded 8,400 shares at $8.60 and tTech climbed 85 cents to $5.85, with 5,020 units changing hands. In the junior market preference segment, CAC 2000 closed at $1, with the trading of 1,800 shares.

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

Drop for JSE majors in Januray

Trading levels rose sharply on the main market of the Jamaica Stock Exchange on Thursday, with the market indices rising sharply with advancing stocks beating declining ones by 40 percent, that left the market still 1.6 percent below the 2018 close.
At the close, the All Jamaican Composite Index surged 4,736.13 points to 410,369.67 and the JSE Index climbed 4,310.50 points to 373,897.06.
Main market activity ended with 5,924,559 units valued at $242,360,666 compared to 2,161,352 units valued at $54,090,319 on Wednesday.
The main and US markets traded a total of 32 securities, with prices of 14 rising, 10 declining with 8 remaining unchanged, compared to 36 securities trading on Wednesday.
Caribbean Cement led trading with 2,041,592 units for 34.5 percent of the day’s volume, followed by Scotia Group with 1,233,769 units and accounting for 21 percent of the total main market volume changing hands and Sagicor Group with 761,021 units and 13 percent of the day’s volume.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 15 stocks ending with bids higher than their last selling prices and 2 closing with lower offers.
An average of 219,428 units valued at an average of $8,976,321 for each security traded, in contrast to 65,496 units for an average of $1,639,101 on Wednesday.  The average volume and value for the month to date amounts 101,980 units valued at $3,042,494 compared to 97,161 units valued at $2,776,359, previously. Trading for December ended, with an average of 835,037 units with a value of $25,906,477, for each security traded.
In main market activity, Caribbean Cement lost $1 to close at $42.50, with 2,041,592 shares changing hands, Grace Kennedy traded 499,561 stock units and gained $1.40 to close at $59.90, Jamaica Broilers gained $1.10 to close at $30, with an exchange of 63,683 units, Jamaica Producers rose $1.20 to close at $23, with 12,015 shares changing hands. JMMB Group fell 50 cents to close at $32 trading 159,216 shares, NCB Financial Group climbed $7.90 trading 92,786 shares to end at $152.90, PanJam Investment lost 85 cents and ended at $71.15, with 153,775 units trading, Proven Investments traded 2,196 units with a rise of $1.50 to close at $28. Pulse Investments lost 40 cents and finished at $2.80, with an exchange of just 100 shares, Sagicor Group rose $2.55 in trading 761,021 stock units, to close at $41.05, Salada Foods jumped $4 and ended trading at an all-time high of $42, with 7,180 stock units trading. Scotia Group dropped $1.69 to end trading of 1,233,769 shares at $50.31, Seprod rose $1.12 to end at $33.12 with an exchange of 19,046 shares and Stanley Motta gained 25 cents in trading 7,000 units to close at $5.25.
Trading in the US dollar market resulted in 1,399,848 shares valued at US$319,369 changing hands. JMMB 6% preference share fell 3 cents and concluded trading of 18,207 units at $1.04, JMMB Group 5.75% preference share fell 5 cents and settled at US$2.01, trading 5,000 shares, Productivity Business traded 18,608 stock units at 59 US cents. Proven Investments traded 1,312,533 units at 21 US cents and Sygnus Credit Investments Jamaica dollar denominated shares traded 45,500 units to close at 8 US cents after rising 1 cent. The JSE USD Equities Index advanced by 1.16 points to close at 165.52.

 

 

 

4% drop for Junior Market in January

The Junior Market of the Jamaica Stock Exchange lost 4 percent in value since the start of the year and would have suffered a greater loss had Fontana that was listed in the dying days of 2018 not added positively to the index.
The closed lower in trading on Thursday as the Junior Market Index declined by 10.08 points to close at 3,118.31 with an increased number of securities changing hands.
Trading ended with 28 securities changing hands, compared with 23 on Wednesday, leading to the prices of 12 securities rising, 10 declining and 6 remaining unchanged.
Market activity, resulted in an exchange of 12,627,615 units valued at $50,730,330, compared to 1,524,611 units valued at $4,663,116, trading on Wednesday.
Trading ended with an average of 450,986 units for an average of $1,811,797 in contrast to 66,287 units for an average of $202,744 on Wednesday. The average volume and value for the month to date amounts to 2,245,428 units valued at $7,372,574 and previously 2,345,317 units valued at $7,695,606, In contrast, December ended with an average of 136,222 units at a value of $737,367 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 higher bids than their last selling prices and 2 closing with lower offers.
At the close of the day’s activities, Access Financial closed with a loss of $2.50 at $45.50, trading 110,000 shares, AMG Packaging ended 6 cents higher at $2.46, with an exchange of 33,184 stock units, Blue Power concluded trading with 7,507 units and lost 15 cents to end at $4.85, CAC 2000 finished trading 100 shares at $15. Cargo Handlers lost 3 cents to close at $15, with 128,861 shares changing hands, Caribbean Cream ended trading of 14,700 shares with the price rising 55 cents to $5.85, Caribbean Flavours traded 5,620 stock units and rose $1 to end at $19, Derrimon Trading ended with a loss of 19 cents at $2.60, with an exchange of 49,631 shares. Elite Diagnostic finished 5 cents higher at $3.05, with an exchange of 36,461 stock units. Everything Fresh traded 23,680 shares to close at $1.80, Express Catering settled 30 cents higher at $7.80, with 77,267 units changing hands, Fontana lost 4 cents to close at $3.45 with 9,633,854 shares changing hands and sucking out a great deal of the supply hanging over the market. FosRich Group ended trading of 14,920 shares and gained 19 cents to $3.95, General Accident traded 235,753 shares and gained 25 cents to close at $4, GWest Corporation finished trading 79,376 shares with a loss of 22 cents at $1.50. Honey Bun closed at $3.90, with 500 stock units changing hands, Indies Pharma rose 5 cents in ending at $3.05, with 346,285 units trading, Jamaican Teas finished 29 cents higher at $4, with an exchange of 3,000 shares, Jetcon Corporation  settled with a loss of 15 cents at $3.15, with 580,985 shares trading. Key Insurance  ended trading 5,590 stock units, with a loss of 10 cents, to end at $3,  Knutsford Express  finished trading of 6,706 shares, at $12.70,  Lasco Distributors  closed 15 cents higher at $3.80, exchanging 507,480 shares, Lasco Financial  ended at $4.50, with 20,544 shares. Lasco Manufacturing  concluded trading with a loss of 15 cents at $3.25, with an exchange of 273,968 stock units, Paramount Trading  ended trading of 244,690 shares, 11 cents higher at $2.20,  Stationery and Office  traded 20,881 shares with a loss of 40 cents to close at $8.60 and tTech gained 1 cent to end at $5, trading 118,072 units. In the junior market preference segment, Derrimon Trading ended at $2.10, with 48,000 stock units changing hands.

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

17 rising stocks for JSE – Wednesday

Trading levels slipped further on the main market of the Jamaica Stock Exchange on Wednesday, but the market indices rose moderately on the back of a strong advance decline ratio of 2 to 1.
Main market activity ended with 2,161,352 units valued at $54,090,319, compared to 3,483,939 units valued at $97,848,026 on Tuesday.
The main and US markets traded a total of 36 securities, with prices of 17 rising, 8 declining with 11 remaining unchanged, compared to 29 securities trading on Tuesday.
At the close, the All Jamaican Composite Index increased by 563.36 points to 405,633.54 and the JSE Index advanced 512.73 points to close at 369,586.56.
JMMB Group 7.5% preference share led trading with just 434,845 units for 20 percent of the day’s volume, followed by Proven Investments with 320,020 units in the Jamaica market, accounting for 15 percent of the total main market volume changing hands and Mayberry Investments with 309,300 units and 14 percent of the day’s volume.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 17 stocks ending with bids higher than their last selling prices and 8 closing with lower offers.
An average of 65,496 units valued at $1,639,101, in contrast to 129,035 shares valued at $3,624,001 on Tuesday. The average volume and value for the month to date amounts 97,161 units valued at $2,776,359 compared to 98,833 units valued at $2,713,553, previously. Trading for December ended, with an average of 835,037 units with a value of $25,906,477, for each security traded.
In main market activity, Caribbean Cement climbed $2.30 to close at $43.50, with 65,758 shares changing hands, Jamaica Broilers gained 50 cents to close at $28.90, with an exchange of 14,712 units, Jamaica Stock Exchange rose 50 cents to end at a 52 weeks’ high of $12.50, trading 32,605 shares. JMMB Group rose 40 cents to close at $32.50 trading of 32,269 shares. Kingston Wharves gained 25 cents and settled at $69.75, with 7,130 units changing hands, PanJam Investment lost 85 cents and ended at $71.15, with 153,775 units trading, Pulse Investments lost 80 cents and finished at $3.20, with an exchange of just 729 shares. Sagicor Group  lost $1.50 in trading of 15,857 stock units, to close at $38.50, Sagicor Real Estate Fund gained 45 cents and settled at $10.60, with 10,500 shares changing hands, Salada Foods jumped $3 and ended trading at an all-time high of $38, with 4,300 stock units trading. Scotia Group  lost 25 cents to end trading of 8,405 shares at $52, Seprod gained 50 cents to end at $32 with an exchange of 18,041 shares, Stanley Motta gained 69 cents in trading 15,950 units to close at $5 and Supreme Ventures  climbed 96 cents and ended at $19.96, trading 63,554 shares.
Trading in the US dollar market resulted in 15,860 units valued at $2,984, changing hands. JMMB Group 6.00% preference share traded with 100 units at US$1.07, Proven Investments traded 12,360 units at 21 US cents and Sygnus Credit Investments Jamaica dollar denominated shares traded 3,400 units to close at 8 US cents after slipping 1 cent. The JSE USD Equities Index declined by 0.71 points to close at 164.36.

Junior Market index inched higher – Wednesday

The Junior Market of the Jamaica Stock Exchange made modest gains at the close of trading on Wednesday as the Junior Market Index rose 8.54 points to close at 3,128.39.
Trading ended with 23 securities changing hands, compared with 26 on Tuesday, leading to the prices of 8 securities rising, 10 declining and 5 remaining unchanged.
Market activity, resulted in an exchange of 1,524,611 units valued at $4,663,116, compared to 4,616,653 units valued at $17,157,641, trading on Tuesday.
Trading ended with an average of 66,287 units for an average of $202,744 in contrast to 177,564 units for an average of $659,909 on Tuesday. The average volume and value for the month to date amounts to 2,345,317 units valued at $7,695,606 and previously 2,454,521 units valued at $7,723,173, In contrast, December ended with an average of 136,222 units at a value of $737,367 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 higher bids than their last selling prices and 2 closing with lower offers.
At the close of the day’s activities, Access Financial closed at $48, exchanging 155 shares, AMG Packaging ended with a loss of 10 cents at $2.40, with 134,600 stock units changing hands, Blue Power concluded trading of 2,492 units, at $5, Caribbean Cream ended trading with 1,920 shares and losing of 50 cents to close at $5.30. Caribbean Flavours swapped 4,500 stock units with a loss of 1 cent to close at $18, Caribbean Producers finished trading 5,289 units, with a loss of 25 cents to end at $5, Consolidated Bakeries lost 15 cents to close at $1.90, trading 800 shares, Derrimon Trading ended 19 cents higher at $2.79, with an exchange of 121,138 shares. Elite Diagnostic finished exchanging 350 stock units at $3, Everything Fresh traded 99,303 shares to close at $1.80, Express Catering settled 10 cents higher at $7.50, in trading 22,325 units, Fontana rose 9 cents to close at $3.49 with 368,797 shares changing hands. FosRich Group ended trading of 10,461 shares, at $3.76, GWest Corporation finished trading 845 shares with a loss of 4 cents at $1.72, Honey Bun closed 15 cents higher at $3.90, with 33,133 stock units changing hands, Indies Pharma rose 5 cents in ending at $3, with 42,773 units changing hands. Jetcon Corporation  settled 20 cents higher at $3.30, with an exchange of 5,323 shares, Knutsford Express  finished trading 2,900 shares, and rose 70 cents higher to $12.70,  Lasco Distributors  closed with a loss of 8 cents at $3.65, with an exchange of 38,172 shares. Lasco Financial  ended with a loss of 10 cents at $4.50, while trading 232,583 shares, Lasco Manufacturing  concluded trading of 29,461 stock units 1 cent higher at $3.40,  SSL Venture Capital lost 25 cents in exchanging 367,161 shares to close at $1.70 and tTech finished trading with a loss of 1 cent at $4.99, with 130 stock units changing hands.

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

Rising stocks dominate JSE – Tuesday

Trading slipped on the main market of the Jamaica Stock Exchange on Tuesday, but the market indices rose sharply on the back of a strong advance decline ratio of more than 2 to 1.
At the close, the All Jamaican Composite Index jumped 3,715.37 points to close at 405,070.18 and the JSE Index climbed 3,381.47 points to close at 369,073.83.
Main market activity ended with 3,483,939 units valued at $97,848,026, compared to 7,589,172 units carrying a value of $145,956,290 on Monday.
The main and US markets traded a total of 29 securities, with prices of 12 rising, 5 declining with 12 remaining unchanged, compared to 33 securities trading on Monday.
Seprod led trading with 1,103,785 units for 31.7 percent of the day’s volume, followed by JMMB Group 7.5% preference share with 470,000 units accounting for 13.5 percent of the total main market volume changing hands and PanJam Investment with 388,297 units and 9 percent of the day’s volume.
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 3 closing with lower offers.
An average of 129,035 units valued at an average of $3,624,001 traded, in contrast to 244,812 units valued at $4,708,267 on Monday. The average volume and value for the month to date amounts 98,833 units valued at $2,713,553 compared to 97,469 units valued at $2,670,351, previously. Trading for December ended, with an average of 835,037 units with a value of $25,906,477, for each security traded.
In main market activity, Carreras rose 27 cents and concluded trading at $9.49, with 123,016 units trading, Grace Kennedy rose 45 cents trading 9,817 stock units to close at $58.50, Jamaica Producers shed $1.20 and closed at $21.80, with 1,767 shares changing hands, JMMB Group fell 40 cents to close at $32.10 trading of 12,850 shares. Kingston Wharves gained 50 cents and settled at $69.50, with 2,556 units changing hands, PanJam Investment rose 80 cents and ended at $72, with 388,297 units trading, Pulse Investments rose by 60 cents and finished at $4, with an exchange of 79,840 shares,the stock traded earlier in the day at a record high of $4.50. Sagicor Group added $1.19 trading of 30,849 stock units, to close at $40, Scotia Group gained 75 cents to end trading of 15,520 shares at $52.25, Seprod lost 85 cents to end at $31.50 with an exchange of 1,103,785 shares and Sygnus Credit Investments Jamaica dollar denominated shares, gained 90 cents in trading 1,400 units to close at $11.
Trading in the US dollar market resulted in 23,850 units valued at $3,437, changing hands. Proven Investments traded 10,750 units at 21 US cents and Sygnus Credit Investments Jamaica dollar denominated shares traded 33,100 units to close at 9 US cents. The JSE USD Equities Index advanced by 0.64 points to close at 165.07.

 

Big drop for Junior Market – Tuesday

The Junior Market of the Jamaica Stock Exchange suffered a big fall at the close of trading on Tuesday with the Junior Market Index dropping 45.86 points to close at 3,119.85.
Trading ended with 26 securities changing hands compared with 25 securities on Monday leading to  the prices of 11 securities advancing, 9 declining and 6 remaining unchanged.
Market activities, resulted in an exchange of 4,616,653 units valued at $17,157,641, compared to 1,406,615 units valued at $5,000,809 trading on Monday.
Trading ended with an average of 177,564 units for an average of $659,909 in contrast to 56,265 units for an average of $200,032 on Monday. The average volume and value for the month to date amounts to 2,454,521 units valued at $7,723,173  and previously 2,584,919 units valued at $8,127,677. In contrast, December ended with an average of 136,222 units at a value of $737,367 for each security traded. 
IC bid-offer Indicator|
At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with higher bids than their last selling prices and 4 closing with lower offers.
At the close of the day’s activities, Access Financial closed 50 cents higher at $48, trading 225 shares, AMG Packaging ended at $2.50, trading 146,800 stock units, Blue Power concluded trading of 1,001,000 units for a rise of 15 cents to $5, Cargo Handlers settled 2 cents higher at $15.03, with an exchange of 200 shares. Caribbean Cream ended trading of 2,500 shares with a loss of 5 cents to close at $5.80. Caribbean Producers finished trading 2,594 units at $5.25, Derrimon Trading ended with a loss of 20 cents at $2.60, with an exchange of 189,979 shares, Dolphin Cove concluded trading 10,000 shares for 4 cents higher at $15.05, Elite Diagnostic finished 5 cents higher at $3, exchanging 7,000 stock units. Everything Fresh gained 14 cents in trading of 258,493 shares to close at $1.80, Express Catering settled with a loss of 40 cents at $7.40, with 45,270 units changing hands, Fontana lost 10 cents to close at $3.40 with 1,747,405 shares changing hands. FosRich Group ended trading at $3.76, in exchanging 52,145 shares, General Accident traded 57,077 shares and rose 25 cents to $3.75, Honey Bun closed with a loss of 7 cents at $3.75, trading 14,671 stock units. Indies Pharma lost 5 cents in ending at $2.95, with 682,906 units changing hands. Jamaican Teas finished 1 cent higher at $3.71, with an exchange 97,211 shares, Jetcon Corporation settled with a loss of 5 cents at $3.10, in trading 27,560 shares, KLE Group traded 5 cents higher at $3.10, with 95,000 units changing hands, Knutsford Express finished trading 19,903 shares with a loss of $1.30 cents at $12. Lasco Distributors closed with a loss of 7 cents at $3.73, with an exchange of 14,152 shares, Lasco Financial ended 10 cents higher at $4.60, with 49,851 shares trading, Lasco Manufacturing concluded trading of 4,541 stock units at $3.39. Main Event rose 45 cents in trading 10,218 units at $6.95, Stationery and Office ended trading at $9, as 69,852 shares changed owners and tTech finished trading at $5, with 10,100 stock units changing hands.

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