12 Junior Market stocks rise 7 fall – Thursday

Trading on the Junior Market of the Jamaica Stock Exchange ended trading on Thursday with 23 securities changing hands, resulting in an exchange of 4,094,002 units valued at over $9,912,290 compared to 2,866,572 units valued at $7,184,147 on Wednesday from 24 securities.
The day’s volume was swollen by 2.53 million units of SSL Venture Capital, the other development of note is that Key Insurance that traded 568,000 million units with a bid for 949,000 units on the bid at $4.15.
At the close of market activities, the prices of 12 securities advanced, 7 declined and 4 remained unchanged. The Junior Market Index declined by 6.94 points to close at 3,171.50.
Trading ended with an average of 178,000 units for an average of $430,969 in contrast to 119,441 units for an average of $299,339 on Wednesday. The average volume and value for the month to date amounts to units 190,807 units valued at $666,313 and previously 191,443 units valued at $657,797. October, ended with an average of 69,421 units valued at $347,455 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 bids higher than their last selling prices and 5 with lower offers.
 At the close of the market, Access Financial ended with a loss of $4 at $45.50, trading 1,274 shares, AMG Packaging ended 5 cents higher at $1.95, with 208,388 stock units trading, Cargo Handlers settled $1.10 higher at $14, with 1,000 shares changing hands, Caribbean Cream ended trading 8,362 shares after rising 5 cents to end at $5.30, Caribbean Producers finished trading of 22,287 units with a loss of 9 cents at $5.35. Consolidated Bakeries closed at $2.14, with an exchange of 21,635 shares, Derrimon Trading ended 35 cents higher at $2.85, swapping 7,500 shares, Elite Diagnostic finished 6 cents higher at $3.11, with 17,449 stock units being exchanged, Everything Fresh traded 109,600 shares after falling 4 cents and closed at $1.51, Express Catering ended trading 6,340 shares at $8. GWest Corporation closed with a loss of 3 cents at $1.55, trading 12,000 stock units, Honey Bun ended 15 cents higher at $4.15, with 58,500 units changing hands, Indies Pharma traded 137,347 shares in closing at $3, Jamaican Teas settled 40 cents higher at $4.40, in exchanging 5,530 shares, Jetcon Corporation ended trading 52,959 stock units and rose 50 cents to close at $4. Key Insurance traded 15 cents higher at $4.15, with 568,144 units changing hands, Lasco Distributors ended with a loss of 10 cents at $3.80, with 232,796 shares trading, Lasco Financial concluded trading of 18,200 stock units and rose 15 cents to $5.15, Lasco Manufacturing finished 2 cents higher at $3.50, with 51,893 units. Medical Disposables ended trading of 100 shares at $6.20, SSL Venture Capital fell 6 cents in trading 2,526,362 shares to end at $1.74, Stationery and Office finished trading 24,738 stock units and declined $1.20 to close at $8.20, and tTech ended 30 cents higher at $5.30, with 1,598 shares changing hands.

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

Junior Market index slips again – Wednesday

Derrimon Trading pref shares traded 2.2 m units.

Trading on the Junior Market of the Jamaica Stock Exchange ended trading on Wednesday with 24 securities changing hands, resulting in an exchange of 2,866,572 units valued at $7,184,147 compared to 11,662,775 units valued at $43,945,611 on Tuesday from 22 securities.
The day’s volume was swollen by 2.2 million units of Derrimon Trading preference share. The development of note is that Key Insurance that traded 21.5 million units with a rise in the stock price has a bid of 912,000 units on the bid at $4 and is one to watch.
At the close of market activities, the prices of 10 securities advanced, 7 declined and 7 remained unchanged. The Junior Market Index declined by 8.73 points to close at 3,178.44.
Trading ended with an average of 119,441 units for an average of $299,339 in contrast to 530,126 units for an average of $1,997,528 on Tuesday. The average volume and value for the month to date amounts to units 191,443 units valued at $657,797 and previously 195,380 units valued at $677,394. October, ended with an average of 69,421 units valued at $347,455 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 2 stocks ended with bids higher than their last selling prices and 5 with lower offers.
 At the close of the market, AMG Packaging ended 1 cent higher at $1.90, with 3,158 stock units changing hands, Blue Power concluded trading of 38,311 units, at $5.45, Caribbean Cream ended trading with a loss of 25 cents at $5.25, with an exchange of 8,381 shares, Caribbean Producers finished trading 4 cents higher at $5.44, with 10,000 units changing hands, Consolidated Bakeries closed with a loss of 1 cent at $2.14, trading 11,365 shares. Derrimon Trading ended with a loss of 35 cents at $2.50, with 220,486 shares changing hands, Everything Fresh traded 40,861 shares after adding 5 cents and closed at $1.55, Express Catering ended trading 10,000 shares at $8, FosRich Group traded 40,835 shares, and rose 5 cents higher to $4.05, General Accident finished trading with a loss of 25 cents at $3.25, with 700 shares changing hands. GWest Corporation closed with a loss of 12 cents at $1.58, with a swapping of 11,715 stock units, Honey Bun ended at $4, with 4,051 units changing hands, Indies Pharma traded 26,099 shares in closing at $3, Jetcon Corporation ended trading of 2,813 stock units, with a loss of 25 cents at $3.50, Key Insurance traded 55 cents higher at $4, with 88,017 units. KLE Group finished trading of 3,590 shares at $4, Knutsford Express closed 1 cent higher at $11.51, in exchanging 1,298 shares, Lasco Distributors ended 10 cents higher at $3.90, with 15,184 shares changing hands, Lasco Financial concluded trading 15 cents higher at $5, with an exchange of 57,387 stock units. Lasco Manufacturing finished with a loss of 2 cents at $3.48, trading 50,500 units, Medical Disposables ended trading 13,174 shares at $6.20, Paramount Trading gained 5 cents close at $2.20, with 3,647 shares being traded and SSL Venture Capital traded 3,000 shares to end at $1.80. In the junior market preference segment, Derrimon Trading 9% ended 5 cents higher at $2.20, with 2,200,000 stock units.

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

 

 

JSE pushes to new record close – Wednesday

The main market of the Jamaica Stock Exchange, surged 11,005.53 points on Wednesday, the most, ever, leading the All Jamaica Index to close at a record high of 418,487.99 and the JSE Index rose 10,027.28 points to close at a record high 381,289.90.
Strong gains in Grace Kennedy, NCB Financial Group that ended at a record close of $149.99, Kingston Wharves, PanJam Investment that traded at a record high of $72 and Sagicor Group were the main contributor to the market’s record move.
Market activity ended with 3 securities closing at record highs as 27 securities in the main and US dollar markets changed hands, compared to a 29 on Tuesday. At the end, prices of 14 stocks rose, 7 declined and 6 remained unchanged.
The main market ended with 62,089,588 units valued at over $136,855,615 changing hands, compared with 5,592,346 units valued at $176,485,571 exchanged, on Tuesday.
The main market ended with 1834 Investments leading with 59,001,000 units, accounting for 95 percent of the day’s trades, followed by Wisynco Group with 1,542,114 units or 20.5 percent of the day’s volume and Sagicor Group with 459,741 units.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator reading shows 8 stocks ending with bids higher than the last selling prices and 3 closing with lower offers.
Trading resulted in an average of 2,299,614 units valued at over $5,068,726, in contrast to 207,124 shares valued at $6,536,503 on Tuesday. The average volume and value for the month to date, amounts to 410,125 valued at $7,009,413, compared to 319,025 valued at $7,107,722. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In main market activity, Barita Investments rose 35 to a record close of $23, with 37,495 shares trading, Grace Kennedy rose $3 in trading of 25,765 shares at $58, Jamaica Broilers lost $1, trading 113,869 stock units at $29, Jamaica Producers shed 40 cents to close at $24.10, trading of 23,670 shares, Kingston Wharves jumped $2.96 in trading 6,302 shares to end at $78. NCB Financial Group jumped $5.11 to end trading of 77,697 shares at record close of $149.99, PanJam Investment jumped $3 to record close of $70, with an exchange of 38,202 stock units, Sagicor Group rose $1.01 trading 459,741 shares at $45.01, Scotia Group traded 48,016 shares and shed $1 to close at $59 and Supreme Ventures rose 29 cents to end at $16.99, with an exchange of 82,913 shares. There were no trades in the US dollar market.

 

All Jamaica at record 418,488 points

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The main market of the Jamaica Stock Exchange, gained the most, in its history, on Wednesday with a rise of 11,005.53, bettering the previous high of 10,534.24 points on the All Jamaica Index, to close at at a record high of 418,487.99 on Wednesday.
Prior to Tuesday the previous best gain in a day was 9,823.00 points on October 1, 2018, when the index closed at 403,100.29 on October 5 and bettered the next highest one day index gain with a rise of 9,736.35 points, to end at 416,956.11 on January 27, 2017.
Wednesday’s all-time record high beat out the previous high on the All Jamaica Composite Index of 418,450.70 on October 12, this year. The Jamaica Stock Exchange Index rose 10,027.28 points to close at a record high 381,289.90, having risen above the previous record high of 381,255.95 reached on October 12, this year.
The main market was primarily driven by gains in NCB Financial that closed at $149.99, after trading at a record high of $152, Kingston Wharves trading at $78, PanJam Investment trading at $70 and Sagicor Group ending at $45.01,
The junior market continues under some selling pressure is not sharing in the strong gains of the more matured companies and declined by just 8.73 points to close at 3,178.44.

NCB record $145, Barita record $22.65 – Tuesday

NCB Financial Group ended at a new record close of $144.88 on the Jamaica Stock Exchange on Monday while Barita Investments jumped to a high of $22.65 on a day when the market indices gained the most points in a single day.
The main market took flight with the All Jamaica Index having the highest gain in a day, surging 10,574.31 points to close at 407,482.46, while the JSE Index jumped 9,634.39 points to 371,262.62. Market activity closed with 2 securities closing at record highs as 29 securities in the main and US dollar markets changed hands, compared to a 31 on Monday. At the end, prices of 14 stocks rose, 8 declined and 7 remained unchanged.
The main market ended with 5,592,346 units valued at  $176,485,571 changing hands, compared with 6,956,000 units valued at $513,002,473 exchanged, on Monday.
The main market ended with Seprod leading with 1,850,546 units, accounting for 33 percent of the day’s trades, followed by Wisynco Group with 1,125,534 units or 20 percent of the day’s volume and Scotia Group with 865,661 units or just 15.5 percent of the overall volume.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator reading shows 6 stocks ending with bids higher than the last selling prices and 4 closing with lower offers.
Trading resulted in an average of 207,124 units valued at over $6,536,503, in contrast to 239,862 shares valued at $17,689,740 on Monday. The average volume and value for the month to date, amounts to 319,025 valued at $7,107,722, compared to 324,693 valued at $7,138,202. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In main market activity, Barita Investments rose $1.65 to close at record $22.65, with 72,505 shares trading, Berger Paints ended trading of 23,778 units but lost $1.05 to $18, Caribbean Cement lost $4.75 to close at $43.25 in trading just 2,000 shares, Grace Kennedy shed $1 in trading of 903 shares at $55, Jamaica Broilers rose $1.50, trading 339,292 stock units at $30, Jamaica Stock Exchange gained 49 cents to close at $9.90, trading of 880 shares, JMMB Group fell 49 cents to $32.51, with an exchange of 87,335 shares,  Mayberry Jamaica Equities lost 50 cents trading 78,806 shares in closing at $9.20, NCB Financial Group jumped $4.89 to end trading  at record close of $144.88 with 84,352 shares, PanJam Investment jumped $3 to $67, with an exchange of 127,085 stock units, Sagicor Group rose $4 trading 260,532 shares at $44, Scotia Group traded 865,661 shares and gained $3.90 to close at $60, Seprod added 25 trading of 1,850,546 shares, to close at $32 and Supreme Ventures lost 29 cents to end at $16.70, with an exchange of 196,680 shares.
Trading in the US dollar market amounted to 31,000 units valued at $15,630 as JMMB Group 5.75% preference share close trading with 5,000 units to gain 10 cents to close at US$2.10 and Proven Investments ended trading of 27,000 shares at 19 U$ cents. The JSE USD Equities Index closed with a fall of 1.90 at 159.44.

Big fall for Junior Market  – Tuesday

Key Insurance in another big trade.

Trading on the Junior Market of the Jamaica Stock Exchange closed on Tuesday with 22 securities changing hands, resulting in an exchange of 11,662,775 units valued at $43,945,611 as Key Insurance traded 9.5 million units. On Monday just 843,267 units valued at $2,847,021 traded from 26 securities.
At the close of market activities, the prices of 4 securities advanced, 11 declined and 7 remained unchanged leading the Junior Market Index to dive 82.86 points to close at 3,187.17.
Trading ended with an average of 530,126 units for an average of $1,997,528 in contrast to 32,433 units for an average of $109,501 on Monday. The average volume and value for the month to date amounts to units 195,380 units valued at $677,394 and previously 177,719 units valued at $607,746. October, ended with an average of 69,421 units valued at $347,455 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 4 with lower offers.
 At the close of the market, Access Financial closed with a loss of $2.50 at $49.50, with 81,323 shares changing hands, AMG Packaging ended at $1.89, with an exchange of 2,100 stock units, Blue Power concluded trading of 807 units and rose 45 cents to $5.45, Caribbean Producers finished trading with a loss of 9 cents at $5.40, with 500 units, Derrimon Trading ended with a loss of 10 cents at $2.85, with 183,100 shares changing hands. Elite Diagnostic finished 5 cents higher at $3.05, trading 70,455 stock units, Eppley settled at $9.10, with an exchange of 298 units, Everything Fresh traded 368,432 shares after falling 10 cents and closed at an all-time low of $1.50, Express Catering ended trading of 48,905 shares, with a loss of 50 cents at $8, FosRich Group traded 54,955 shares and rose 10 cents to close at $4. General Accident finished trading of 13,917 shares with a loss of 2 cents at $3.50, Indies Pharma traded 68,298 shares in closing at $3, Jamaican Teas settled at $4, trading 1,294 shares, Jetcon Corporation ended trading with a loss of 4 cents at $3.75, with 26,843 stock units changing hands, Key Insurance traded 9,535,317 units with a loss of 55 cents to end at $3.45. Lasco Distributors ended at $3.80, with 1,016,500 shares changing hands, Lasco Financial concluded trading with an exchange of 87,215 stock units after falling 40 cents to $4.85, Lasco Manufacturing finished trading 58,277 units at $3.50, Main Event settled 10 cents higher at $6.10, with an exchange of 7,226 shares. Paramount Trading dropped 82 cents to end at $2.15, with 25,000 shares trading, SSL Venture Capital traded 9,823 shares to end at $1.80 and Stationery and Office finished trading of 2,190 stock units with a loss of 8 cents to close at $9.40.

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

BNS huge Carib financial market shake up

scotia/BNS

Scotiabank Canada today announced agreements with respect to certain of its Caribbean operations, as part of its strategy to focus the Bank’s efforts on its core markets with significant scale.
As part of this strategy, Scotiabank’s subsidiaries in Jamaica (Scotia Group Jamaica Limited, “Scotiabank Jamaica”) and Trinidad & Tobago (Scotiabank Trinidad & Tobago Limited, “Scotiabank Trinidad & Tobago”) announced that they will enter into a 20-year distribution agreement with Sagicor Financial Corporation (“Sagicor”) through which an enhanced suite of market-leading insurance products and solutions, underwritten by Sagicor, will be offered to Scotiabank customers in Jamaica and Trinidad & Tobago. As part of this partnership, Scotiabank Jamaica and Scotiabank Trinidad & Tobago have entered into agreements to sell their respective insurance subsidiaries: Scotia Jamaica Life Insurance Company and ScotiaLife Trinidad and Tobago Limited to Sagicor.
These agreements are subject to regulatory approval and customary closing conditions. The transaction is also subject to the closing of the announced transaction whereby Sagicor will be acquired by Alignvest Acquisition II Corporation subject to conditions in and pursuant to a plan of arrangement and the

Republic Bank

surviving entity will continue the Sagicor brand and be publicly-listed on the Toronto Stock Exchange.
Scotiabank has also entered into an agreement to sell its banking operations in 9 non-core markets in the Caribbean (Anguilla, Antigua, Dominica, Grenada, Guyana, St. Kitts & Nevis, St. Lucia, St. Maarten, St. Vincent & the Grenadines) to Republic Financial Holdings (“RFHL”). The agreement is subject to regulatory approvals and customary closing conditions.
These transactions are not financially material to Scotiabank the release from the group stated. Until such approvals are obtained and conditions are met, and the transactions close, all Scotiabank operations in these countries will continue as usual.
“Scotiabank is proud to work with the Republic Group and Sagicor – both leaders in financial services in the Caribbean who are well positioned to invest and grow these businesses,” said Ignacio (Nacho) Deschamps, Group Head, International Banking at Scotiabank. “We are pleased to partner with Sagicor

Sagicor

to deliver an enhanced suite of insurance products and services, underwritten by Sagicor, to our customers and to work with Republic Group, who is committed to delivering enhanced financial products and services that best serve customers’ needs.”
“Due to increasing regulatory complexity and the need for continued investment in technology to support our regulatory requirements, we made the decision to focus the Bank’s efforts on those markets with significant scale in which we can make the greatest difference for our customers,” continued Mr. Deschamps. “Scotiabank is committed to the Caribbean as demonstrated by the Bank’s ongoing investment in products, services and processes to provide an enhanced banking experience to customers across the region.”

Record $140 for NCB on JSE – Monday

NCB investors are having a great 2018 with the stock trading at record levels.

NCB Financial Group ended at a new record close of $139.99 after trading at $140 after trading 2.85 million shares that accounted for 41 percent of the day’s volume on the Jamaica Stock Exchange on Monday.
The main market lost flight with the All Jamaica Composite Index declining 2,474.72 points to 396,908.15, while the JSE Index dropped 2,254.75 points to close at 361,628.23. Market activity closed with 2 securities ending at record highs and one at a 52 weeks’ low as 31 securities in the main and US dollar markets trading, compared to a same number on Friday. At the end prices of 12 stocks rose, 11 declined and 8 remained unchanged.
The main market ended with 6,956,000 units valued at $513,002,473 changing hands, compared with 37,219,908 units valued at $266,712,510 exchanged, on Friday.
The main market ended with NCB Financial leading with 2,849,956 units, followed by Kingston Wharves with 1,169,281 units or 16.8 percent of the day’s volume and 1834 Investments with 629,240 units or just 9 percent of the overall volume.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator reading shows 6 stocks ending with bids higher than the last selling prices and 1 closing with a lower offer.
Trading resulted in an average of 239,862 units valued at over $17,689,740, in contrast to 1,283,445 shares valued at $9,196,983 on Friday. The average volume and value for the month to date, amounts to 324,693 valued at $7,138,202, compared to 329,574 valued at $6,496,704. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In main market activity, Barita Investments rose $1 to close at record $21, with 254,431 shares trading, Caribbean Cement gained $3 to close at $48 in trading 15,885 shares, Grace Kennedy gained $1 in trading of 59,338 shares at $56, Jamaica Broilers lost $1.15, trading 32,172 stock units at $28.50, Jamaica Stock Exchange declined 54 cents to close at $9.41, trading of 9,469 shares, JMMB Group fell $1 to $33, with an exchange of 52,392 shares, Jamaica Producers gained 49 cents and finished trading of 21,734 units at $24.50, Kingston Wharves dropped $3 to finish at $75, with 1,169,281 stock units changing hands, Mayberry Jamaica Equities rose $1.20 trading 126,123 shares in closing at $9.70, NCB Financial Group jumped $3.49 to end trading  at record close of $139.99 with 2,849,956 shares, 138 Student Living traded 125,595 shares and declined by 14 cents to end a 52 weeks’ low of $3.35, PanJam Investment jumped $3.15 to $64, with an exchange of 63,718 stock units, Sagicor Group rose $1 and finished trading at $40, with 8,157 shares, Seprod added $1.73 trading of 63,529 shares, to close at $31.75 and Supreme Ventures gained 99 cents to end at $16.99, with an exchange of 30,541 shares.

Trading in the US dollar market amounted to 483,208 units valued at $94,621 as Margaritaville with 10,800 units to close at 25 US cents and Proven Investments ended trading of 472,408 shares at 19 U$ cents. The JSE USD Equities Index closed with a rise of 1.47 at 161.34.

 

Gains for Junior Market

Trading on the Junior Market of the Jamaica Stock Exchange reverted to more normal levels on Monday, with 26 securities changing hands, resulting in an exchange of 843,267 units valued at $2,847,021, compared to 37,359,775 units valued at $87,094,646 from 23 securities trading on Friday.
At the close of market activities, the prices of 9 securities advanced, 8 declined and 9 remained unchanged. The Junior Market Index advanced by 35.07 points to close at 3,270.03.
Trading ended with an average of 32,433 units for an average of $109,501 in contrast to 1,624,338 units for an average of $3,786,724 on Friday. The average volume and value for the month to date amounts to units 177,719 units valued at $607,746 and previously 187,380 units valued at $640,878. October, ended with an average of 69,421 units valued at $347,455 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 10 with lower offers.
At the close of the market, CAC 2000 finished 90 cents higher at $16.90, with 30,179 shares changing hands, Cargo Handlers settled with a loss of 10 cents at $12.90, trading 500 shares, Caribbean Cream ended trading 1,430 shares with a loss of 50 cents to close at $5.50, Caribbean Producers finished trading with a loss of 1 cent at $5.49, with an exchange of 29,676 units, Consolidated Bakeries closed with a loss of 15 cents at $2.15, with 550 shares changing hands. Dolphin Cove concluded trading at $16, with 3,000 shares, Elite Diagnostic finished at $3, trading 40,896 stock units, Eppley settled 5 cents higher at $9.10, with an exchange of 103 units, Everything Fresh traded 402,623 shares after falling 10 cents and closed at $1.60, Express Catering ended trading 55 cents higher at $8.50, with 32,300 shares changing hands. FosRich Group traded 100,618 shares, at $3.90, General Accident finished trading 50 cents higher at $3.52, with an exchange of 59,500 shares, GWest Corporation closed with a loss of 20 cents at $1.70, with 16,311 stock units changing hands, Honey Bun ended with a loss of 15 cents at $4, trading 100 units. Indies Pharma traded 70,958 shares in closing at $3, Jamaican Teas settled at $4, with 10,197 shares changing hands, Jetcon Corporation ended trading 11,100 stock units, at $3.79, Key Insurance traded 75 cents higher at $4, as 1,237 units changed hands, Knutsford Express closed at $11.50, with 500 shares changing hands. Lasco Distributors ended at $3.80, with an exchange of 4,500 shares, Lasco Financial concluded trading with 200 stock units and rose 15 cents higher to end at $5.25, Lasco Manufacturing finished 25 cents higher at $3.50, swapping 18,439 units, Main Event gained 10 cents to end at $6, with 750 shares changing hands. Medical Disposables ended trading with 2,600 shares at $6.20, SSL Venture Capital traded 3,500 shares and gained 1 cent to end at $1.80 and Stationery and Office finished trading with a loss of 52 cents at $9.48, with 1,500 stock units changing hands.

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

 

Stanley Motta trades 37M shares on JSE – Friday

Site plan of Stanley Motta’s 58 Half Way Tree Road.

Stanley Motta traded nearly 34 million on the Jamaica Stock Exchange on Friday, helping
Site plan of Stanley Motta’s 58 Half Way Tree Road.to push the overall volume to 37,219,908 units valued at $266,712,510 changing hands, compared with 5,027,724 units valued at $221,393,103 being exchanged, on Thursday.
Market activity closed with 31 active securities in the main and US dollar markets trading, compared to a same number on Thursday, as the prices of 7 stocks rose, 15 declined and 9 remained unchanged.
Despite the higher level of stocks declining than advancing, the All Jamaica Index advanced 2,887.52 points to 399,382.8, while the JSE Index climbed 2,630.85 points to close at 363,882.98.
The main market ended with Stanley Motta trading 33,898,200 units and cornering 91 percent of the day’s volume, followed by Seprod with 798,795 units for just 2 percent of traded volume and Jamaica Producers with 784,515 units, also with just 2 percent of the day’s volume.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator reading shows 8 stocks ending with bids higher than the last selling prices and 2 closing with lower offers.
Trading resulted in an average of 1,283,445 units valued at an average of $9,196,983 for each security traded, in contrast to 173,370 units valued at an average of $7,634,245 on Thursday. The average volume and value for the month to date, amounts to 329,574 valued at $6,496,704, compared to 271,338 valued at $6,321,909. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In main market activity, Berger Paints lost 68 cents in trading 20,220 shares to close at $19, Caribbean Cement gained $2 to close at $45 in trading 25,662 shares, Grace Kennedy fell $2.50 and ended trading of 58,498 shares at $55, JMMB Group rose $1 to $34, with an exchange of 49,596 shares, Jamaica Producers gained 51 cents and finished trading of 784,515 units at $24.01, Mayberry Jamaica Equities lost $1.50 in trading 34,691 shares in closing at $8.50, NCB Financial Group lost 50 cents and ended trading of 108,686 shares at $136.50 after trading at a record high of $138, 138 Student Living traded 35,189 shares and declined by 31 cents to a 52 weeks’ low of $3.50, PanJam Investment rose 25 cents to $61.85, with an exchange of 14,747 stock units, Proven Investments ended with a loss of 50 cents at $26.50, with just 100 units changing hands, Sagicor Group lost $1 and finished trading at $39, with 37,364 shares, Seprod dropped $1.98 trading of 798,795 shares, to close at $30.02 and Supreme Ventures lost 50 cents to end at $16, with an exchange of 74,822 shares.
Trading in the US dollar market amounted to 65,911 units valued at over $32,014 as JMMB  Group 6% USD with 22,671 units and rose 1 cent to close at us$1.05 and Proven Investments ended trading of 43,240 shares at 19 U$ cents. The JSE USD Equities Index closed unchanged at 159.87.