The main market of the Jamaica Stock Exchange recovered all the losses it incurred on Thursday and Friday and more putting it back ahead of the closing level at the end of trading on Monday last week but below the close of the prior trading day. The All Jamaica Composite Index jumped 2,627.40 points to close at 259,160.39, the JSE Market Index climbed 2,393.86 points to 236,124.47 and the JSE US dollar market index gained 12.75 points to 200.45.
At the close of trading, 24 securities changed hands in the main market with 1 trading in the US dollar market, leading to 12 stocks advancing and 9 declining. Trading in the main market ended with 2,726,092 units valued at just $27,555,950 changing hands compared to 4,265,878 units valued at $141,120,152 at the close on Friday. Trading in the US dollar market accounted for 5,100 units valued at US$1,326.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 6 stocks with bids higher than their last selling prices and 1 with a lower offer.
The main market ended trading with an average of 113,587 units valued at a mere $1,148,165 for every security traded compared to an average of 185,473 units valued at a mere $6,135,659 on Friday.
The average volume and value for the month to date ended at 207,165 units with an average value of $4,250,279 compared with an average of 214,963 units with an average value of $4,508,789 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Barita Investments gained 95 cents to close at $7, with an exchange of a mere 300 shares, Berger Paints gained 51 cents and closed at $17.82, with 39,256 shares trading, Cable and Wireless closed at $1.20, with 83,500 stock units changing hands, Caribbean Cement closed at $26.50, losing 50 cents in trading 2,000 shares, Carreras fell 11 cents in exchanging 1,359 units at $86.79, Grace Kennedy closed at $41, with 61,334 units changing hands, Jamaica Broilers closed at $17.62, with a loss of 38 cents trading 207,100 shares, Jamaica Producers lost 15 cents to close at $15.85, with an exchange of 2,658 units. Jamaica Stock Exchange lost 10 cents to close at $6.90 exchanging 2,029,200 shares, JMMB Group gained $1 to close at $20 trading 5,128 units, Kingston Properties traded 224 shares at $10, 
Mayberry Investments gained 30 cents to close at $5.30, trading of 17,037 units, NCB Financial Group traded $1 higher to close at $72, after exchanging 14,563 shares, 1834 Investments closed at $1.50, gaining 15 cents with 12,600 units changing hands, PanJam Investment gained 69 cents, in closing at $33.99 trading 672 shares. Portland JSX closed at $10, with gains of 5 cents, exchanging 20,000 units, Pulse Investments traded 50 cents lower to close at $17, with 1,649 shares changing owners, Sagicor Group closed at $34.20, losing 54 cents while trading 33,954 shares. Salada Foods closed at $10, with an exchange of 1,428 units, Scotia Group gained 55 cents to end at $43.55, trading 69,399 shares, Seprod lost 50 cents to close at $29, with 1,000 units traded while Supreme Ventures closed at $7.50, after gaining 24 cents with 71,331 shares changing hands. Proven Investments closed at 26 US cents, with gains of 0.02 US cents in trading 5,100 ordinary shares, JMMB 7. 5% preference share closed at $2, gaining 10 cents with an exchange of 50,000 units and ISP Finance bond traded 5,000 units at a record of $1.10 to gain 10 cents.
Berger to have new owner
Berger Paints Jamaica along with the Berger Paints in Trinidad and Tobago and Barbados will have new owners, later this year as Ansa Coatings International (ACIL), a subsidiary of the sprawling Trinidad and Tobago conglomerate, ANSA McAL Group entered into an agreement with Berger International Private Limited to acquire Lewis Berger (Overseas Holding) Limited.
Lewis Berger (Overseas Holding) owns 51% of the issued share capital in Berger Paints Jamaica. Berger Paints Trinidad and Tobago is 70 percent owned by its parent Lewis Berger and is listed on the Trinidad and Tobago Stock Exchange and last traded on June 12, at TT$4.05, but trades infrequently. Berger Paints Barbados Limited is owned fully by the parent company.
The combined Berger Caribbean business net sales is put at US$35 million, a statement by Ansa McAl states. The completion of the transaction is subject to conditions set out in the agreement between BIPL and ACIL. ANSA Coatings and its subsidiary, produces, market and distributes coatings in the categories of decorative and architectural, wood finishes, automotive, light and heavy duty industrial and marine under the following brands: Penta, Sissons, Glidden, Nexa Autocolor, Aquabase Line, Devoe and International.
Group Chairman and Chief Executive of the ANSA McAL Group, A. Norman Sabga noted that the acquisition will further enhance the Group’s position in the Caribbean architectural coatings market. “Berger is best known for its well-positioned paint brands throughout the region. The architectural coatings industry has enjoyed a period of healthy innovation over the last decade.
Carib Beer brewed in Trinidad by Ansa McAl Group
Through this acquisition, we hope to address an expanded customer base with a broader suite of product offerings and superior levels of customer service and support”, Sabga concluded.
At this stage it is unclear exactly how the new owners when the deal is concluded will move forward with the expanded paint group. The acquisition has far reaching ramification for ANSA Coatings. This means that products imported into Jamaica from Trinidad can be produced in the plant in Jamaica while the two plants in Trinidad can be merged into one, both actions would result in significant savings and improved profit margins. The Barbados could be served by exports out of Trinidad.
ANSA McAL is a diversified Public Conglomerate, listed on the Trinidad and Tobago Stock Exchange, with subsidiaries in Trinidad and Tobago, Barbados, St. Kitts and Nevis, Guyana, Grenada and the USA and involved in the manufacturing, brewing, insurance, finance, real estate, media, shipping, trading/distribution and automotive and industrial equipment retailing sectors.
NCB, JMMB, RJR dominate trading – Friday
NCBFiniancial Group traded more than 1.6 million shares on Friday.
NCB Financial Group with 1.6 million units and Radio Jamaica with 1.5 million and JMMB Group with nearly 600,000 shares were the dominant trades when the Jamaica Stock Exchange closed trading on Friday. At the close of trading, 23 securities changed hands with no trading in the US dollar market, leading to 8 stocks advancing and 6 declining.
At the end of trading, the All Jamaica Composite Index declined 229.82 points to close at 256,532.99, the JSE Market Index lost 209.39 points to 233,730.61 and the JSE US dollar market index closed at 187.70.
Trading in the main market ended with 4,265,878 units valued at $141,120,152 changing hands compared to 12,639,003 units valued at $265,691,928 at the close on Thursday.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 10 stocks with bids higher than their last selling prices and 1 with a lower offer.
The main market ended trading with an average of 185,473 units valued at $6,135,659 for every security traded compared to an average of 468,111 units valued at $9,840,442. The average volume and value for the month to date ended at 214,963 units with an average value of $4,508,789 compared with an average of 217,644 units with an average value of $4,360,892 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Barita Investments gained 5 cents to close at $6.05, with an exchange of 100 shares, Berger Paints closed at $17.31, with 13.963 shares traded, Cable and Wireless closed at $1.20, with 150,718 stock units changing owners, Caribbean Cement closed at $27, gaining 50 cents trading 5,686 shares, Carreras exchanged 1,776 units at $86.90, Grace Kennedy closed at $41, after gaining 23 cents with 19,664 units trading, Jamaica Broilers traded 12,510 shares at $18, Jamaica Producers jumped $1.50 and closed at $16 trading 13,622 units. Jamaica Stock Exchange closed at $7, with an exchange of 14,540 shares, JMMB Group lost 20 cents to close at $19 trading 558,889 units, 
Kingston Wharves dived $1.53 to close at $27.01, with 19,000 shares changing hands, Mayberry Investments gained 35 cents to close at $5, with trades of 30,040 shares, NCB Financial Group traded $1 lower to close at $71, after exchanging 1,652,807 shares, PanJam Investment lost 20 cents, closing at $33.30 trading 6,030 shares. Pulse Investments closed at $17.50, with gains of 50 cents in exchanging 21,700 shares, Radio Jamaica closed at $1.60, after losing 5 cents while trading 1,537,900 shares, Sagicor Group closed at $34.74, losing 64 cents trading 17,199 shares, Sagicor Real Estate Fund traded 10 cents lower to close at $11.10 with 2,000 shares being exchanged. Salada Foods closed at $10, trading of 300 units, Scotia Group closed at $43 exchanging 134,239 shares, Scotia Investments traded 19,195 shares at $36.50 while Supreme Ventures closed at $7.26, with 33,700 shares changing hands and JMMB Group 7.25% preference share closed at $1.50, gaining 19 cents with trades of 300 units.
Trading jumps on Junior Market – Friday
CPJ continues to trade decent volumes in the low $3 level.
Trading activity picked on the Junior Market on Friday with 3,652,602 units valued $15,524,040 passing through the market, compared to 421,996 units valued $3,141,010 on Thursday, resulting from trading in 22 securities versus 17 on Thursday.
The main trades contributing to the increased volume are Caribbean Producers that has been trading in large volumes with 2.47 million units changing hands on Friday followed by Jamaican Teas with just over 600,000 units.
At the close of the market 8 stocks rose and 7 declined, leading to the market index rising 10.86 points to 3,189.58, while 3 stocks had bids higher than their last sale prices and 3 closed with lower offers.
The Junior Market ended trading with an average of 166,027 units for an average value of $705,638 compared to 24,823 units for an average value of $184,765 on the previous trading day. The average volume and value for the month to date rose to 578,420 units valued at $2,133,380 compared with 615,911 units valued at $2,263,174, previously, in contrast, 
May closed with averages of just 89,339 units at $596,722.
At the close of the market, Blue Power dropped $1.94 and closed at $54.56 with 5,660 units changing hands, Cargo Handlers closed at $16 with just 6,068 shares trading, Caribbean Cream traded 21,852 units to end at $7.40, Caribbean Flavours gained $1.56 in trading 158,510 units to end at $12.55. A trade of more than 9 million units at $12.75 towards the close of trading was cancelled as the price exceeded the level permissible by the close of trading. Caribbean Producers traded a relatively large quantity of 2,473,085 units, but lost 17 cents to end at $3.03, C2W Music had 44,500 units changing hands to close at 45 cents, Dolphin Cove dropped $1 to end at $18 with 6,933 shares changing hands, Eppley had 1,200 units changing hands with a 1 cent gain to a 52 weeks’ closing high of $12.01, General Accident gained 50 cents and closed trading with 6,300 shares at $2.80, 
Honey Bun had 400 shares changing hands to close 35 cents down at $6.50, Jamaican Teas traded 604,000 shares and rose 5 cents to end at $4.30, Jetcon Corporation ended at $14.88 with 69,219 shares trading, Knutsford Express traded 23,725 shares to end at $16 with a loss of 30 cents, Lasco Distributors added 15 cents and ended trading 55,236 units at $7.15, Lasco Financial gained 2 cents with a mere 232 shares changing hands to end at $4.02, Lasco Manufacturing shed 11 cents to end at $4.54 trading 56,925 shares. Main Event dropped 50 cents and ended trading with 40,962 shares at $5.50. Medical Disposables ended at $6 after jumping $1 with 24,940 units changing hands, Paramount Trading ended with 47,032 shares changing hands at $3.02 and tTech ended with 5,823 units trading with the price rising 25 cents, to $8.55.
Inflation rate drops in May
Inflation in Jamaica after rising 0.4 percent in January and March and 0.3 percent in April has now fallen to just 0.1 percent for May this year, half of the 0.2 percent rise in February.
The increase for May brings the year to date 1.4 percent and the fiscal year-to-date to 0.4 percent. The inflation rate over the last twelve months rose to 4.6 percent. With the price of oil on the world market slipping recently, a low level of inflation can be expected for some time to come and could result in the year over year rate declining form the above level.
According to Statistical Institute of Jamaica the inflation for May is due to an increase of 0.1 percent in the index for the heaviest weighted division, Food, Non-Alcoholic Beverages and Tobacco. Within this division the group Food rose by 0.1 percent while other notable increases were recorded in the following divisions: Transport 0.2 percent, Alcoholic Beverages and Tobacco 1.6 percent and Restaurants and Accommodation Services 0.3 percent. The upward movement in the index was tempered by a 0.2 percent fall in the division Housing, Water, Electricity, Gas and Other Fuels due to lower rates for electricity, water and sewage.
Big drop in stocks on Thursday
Trading in the main market of the Jamaica Stock Exchange was hit hard with declining stock ending 2 to 1 over advancing ones leading to big fall in the main market indices. At the close on Thursday the All Jamaica Composite Index dropped 2,155.19 points to close at 256,762.81, the JSE Market Index tumbled 1,963.63 points to 233,940.00 and the JSE US dollar market index lost 5.48 points to 187.70.
At the close of trading, 27 securities changed hands with 2 trading in the US dollar market, leading to 8 stocks advancing and 16 declining. Trading in the main market ended with 12,639,003 units valued at $265,691,928 changing hands compared to 5,154,113 units valued at $53,288,691 at the close on Wednesday. Trading in the US dollar market accounted for 47,800 units valued at US$40,223.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 8 stocks with bids higher than their last selling prices and 1 with a lower offer.
The main market ended trading with an average of 468,111 units valued at $9,840,442 for every security traded compared to an average of 234,278 units valued at $2,422,213 on Wednesday. The average volume and value for the month to date ended at 217,644 units with an average value of $4,360,892 compared with an average of 192,597 units with an average value of $3,812,937 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Barita Investments closed at $6, losing $1 trading 2,800 shares, Berger Paints traded 69 cents lower to close at $17.31 in exchanging 19,999 shares, Cable and Wireless closed at $1.20, with 126,884 stock units changing, Caribbean Cement closed at $26.50, after losing 10 cents trading 2,940 shares, Carreras advanced $4.90 to close at $86.90, with an exchange of 31,475 units, Grace Kennedy closed at $40.77, losing 23 cents with 196,826 units changing hands, Jamaica Broilers gained 5 cents exchanging 74,526 shares to close at $18, Jamaica Producers closed at $14.50, with gains of 10 cents trading 66,154 units. Jamaica Stock Exchange closed at $7, with an exchange of 31,000 shares, JMMB Group closed at $19.20, losing 30 cents trading 54,696 units, Kingston Properties traded $1.26 lower to close at $10 exchanging 10,000 shares, Kingston Wharves closed at $28.54 with 300 shares changing ownership, NCB Financial Group gained $1.95 and closed at $72, after exchanging 2,964,070 shares, 1834 Investments exchanged 10,473 units at $1.35, 138 Student Living closed at $4.48, with trades of 1,110 units. PanJam Investment lost 50 cents, closing at $33.50 trading 13,090 shares, 
Pulse Investments closed at $17, losing 40 cents with an exchange of just 607 shares, Radio Jamaica closed at $1.65, with a loss of 1 cent in exchanging 7,102,241 shares, Sagicor Group closed at $34.10, losing 10 cents trading 268,796 shares, Sagicor Real Estate Fund traded 5 cents higher to close at $11.20 with 4,260 shares exchanged. Scotia Group closed at $43, with gains of 30 cents trading 313,510 shares, Scotia Investments lost 50 cents to close at $36.50, with 23,129 units changing hands, Seprod closed at $29.50, gaining 50 cents, with trades of 3,315 shares while Supreme Ventures closed at $7.26, with a loss of 9 cents and 255,820 shares changing hands. Proven Investments rose marginally in exchanging 15,300 ordinary shares at 24.01 US cents, JMMB Group USD 6% preference share closed at US$1.12 with trades of 32,500 units, JMMB 7.5% preference share lost 5 cents to close at $1.90, with an exchange of 60,000 units, JPS 9.5% preference share closed $23 lower, closing at $1,302 with 982 units and JMMB Group 7.5% preference share closed at $1.12, losing 3 cents with trades of 1,000,000 units.
Junior Market inched higher on Tuesday
Trading on the Junior Market on Tuesday ended with much lower volume and values than on Monday. Total volume going through the market ended at 1,467,646 units valued $7,509,226, compared to 112,078,312 units valued $371,345,580 on Tuesday.
Trading ended with 9 stocks rising and 6 falling as 22 securities traded versus 20 on Tuesday. At the close of the market, the market index inched 7.14 points higher, to 3,221.45.
At the close of trading, 2 stocks had bids higher than their last sale prices and 4 closed with lower offers.
The Junior Market ended trading with an average of 66,711 units for an average value of $341,328 compared to 5,603,616 units for an average value of $18,567,279 on the previous trading day. The average volume and value for the month to date rose to 736,512 units valued at $2,658,293 compared with 820,200 units valued at $2,947,914, previously, in contrast, May closed with averages of 89,339 units at $596,722.
At the close of the market, Access Financial climbed $1.20 and closed at $46.20 with 834 units changing hands, AMG Packaging fell 52 cents to close at $4.08 with 2,702 units changing hands, Cargo Handlers closed at $16 with just 3,281 shares trading, Caribbean Cream fell 10 cents in trading 58,192 units to end at $7.45, Caribbean Producers traded 29,500 units and rose 21 cents to end at $3.50, Derrimon Trading had 32,452 units changing hands to close at 50 cents higher to $9, Dolphin Cove jumped $2 to end at $20 with 4,063 shares changing hands, Eppley rose 99 cents with 1,400 units changing hands, to close of $11. General Accident gained 20 cents and closed trading with 23,724 shares to end at $2.90, Honey Bun had 14,991 shares changing hands to close at $7, ISP Finance traded only 1,667 shares to end at $24, Jamaican Teas added 1 cent in trading 850,000 shares at $4.27, Jetcon Corporation ended at $14.50 with 18,673 shares trading, after falling 1 cent, 
Knutsford Express traded 30,798 shares to end at $16.45, Lasco Distributors gained 5 cents and ended trading 23,000 units at $7.05, Lasco Financial had 83,688 shares changing hands to end at $4. Lasco Manufacturing shed 19 cents to end at $4.80 trading 123,760 shares. Main Event dropped 1 cent to end trading with 8,418 shares at $6.49.Medical Disposables ended at $5.90 after advancing 10 cents with 9,500 units crossing the exchange, Paramount Trading declined by 19 cents and ended with 47,270 shares changing hands at $2.85 and tTech ended with 49,733 units trading at $7.90.
Carib Producers day on Junior Market
Trading on the Junior Market on Monday ended with Caribbean Producers dominating market activity with 99.51 percent of the total volume on the market amounting to 111.5 million units. Total volume going through the market ended at 112,078,312 units valued $371,345,580, compared to 789,261 units valued $5,071,496 on Friday.
Trading ended with 6 stocks rising and 8 falling as 20 securities traded versus 24 on Friday. At the close of the market, the market index dropped 39.21 points to 3,214.31.
At the close of trading, 3 stocks had bids higher than their last sale prices and 6 closed with lower offers.
The Junior Market ended trading with an average that jumped to 5,603,616 units for an average value of $18,567,279 compared to 32,886 units for an average value of $211,312 on the previous trading day. The average volume and value for the month to date rose to 820,200 units valued at $2,947,914 compared with 136,855 units valued at $716,576, previously. 
In contrast, May closed with averages of 89,339 units at $596,722.
At the close of the market, Cargo Handlers lost 30 cents and closed at $16 with just 200 shares trading, Caribbean Creamrose 5 cents in trading 3,551 units to end at $7.55, Caribbean Producers traded 111,527,530 units and fell 8 cents to end at $3.29, C2W Music had 87,374 units changing hands to close at 45 cents, Dolphin Cove gained 10 cents and ended at $18 with 18,021 shares changing hands, Eppley fell $1.99 with 1,000 units changing hands, to close of $10.01. Honey Bun had 40,069 shares changing hands to close at $7, after adding 14 cents, ISP Finance traded only 1,360 shares to end at $24, Jamaican Teas fell 4 cents in trading 25,550 shares at $4.26, Jetcon Corporation ended at $14.51 with 21,069 shares trading, after falling 29 cents, 
KLE Group rose 15 cents and ended at $2.10 with 23,556 shares changing hands, Knutsford Express lost 5 cents in trading 126,936 shares and closing at $16.45, Lasco Distributors fell 40 cents and ended trading 12,000 units at $7, Lasco Financial had 3,500 shares changing hands to end at $4. Lasco Manufacturing shed 1 cent to end at $4.99 in trading 53,000 shares. Main Event added 1 cent to end trading with 102,898 shares at $6.50.Medical Disposables ended at $5.80 after falling 20 cents with 15,675 units crossing the exchange, Paramount Trading rose 4 cents and ended with 9,500 shares changing hands at $3.04, Sweet River ended with 256 units changing hands at $3.86, tTech ended with a mere 267 units trading with a rise of 15 cents at $7.90 and Eppley 10% preference share, ended with 6,000 units changing hands at $6.60.
Sharp drop in Junior Market trading
Trading on the Junior Market dropped sharply on Friday after Thursday’s trading which comprised just over 3 million Jamaican Teas’ shares. Trading ended on Friday with 7 stocks rising and 10 falling as 24 securities traded versus 20 on Thursday.
A total of 789,261 units valued $5,071,496 traded, compared to 3,831,459 units valued $19,055,812 on Thursday. At the end of trading, the market index slipped 3.42 points to 3,253.52.
At the close of trading, 5 stocks had bids higher than their last sale prices and 2 closed with lower offers.
The Junior Market ended trading with an average of 32,886 units for an average value of $211,312 compared to 191,573 units for an average value of $952,791 on the previous trading day The average volume and value for the month to date are 136,855 units valued at $716,576 compared with 154,183 units valued at $800,786, previously, In contrast, May closed with averages of 89,339 units and $596,722.
.At the close of the market, AMG Packaging gained 15 cents and closed at $4.60 with 213,250 units changing hands, Blue Power closed at $56.50 with 3,300 units trading, CAC 2000 closed at $7.50 in trading 750 units, Cargo Handlers lost 20 cents and closed at $16.30 with 3,500 shares trading, Caribbean Cream lost 50 cents in trading 266,500 units to end at $7.50, Caribbean Producers traded 27,470 units and fell 13 cents to end at $3.37, Consolidated Bakeries traded 7,076 shares to close at $3.20, C2W Music had 12,626 units changing hands to close at 45 cents after falling 5 cents, Derrimon Trading dropped $1 and ended at $8.50 with 210 shares changing hands, Eppley fell $1.99 with 1,000 units changing hands, to close of $10.01. Honey Bun had 3,530 shares changing hands to close at $6.86, after falling 14 cents, Iron Rock Insurance traded 86,573 shares to end at $3.20, 
Jamaican Teas traded at $4.30 with 5,969 units, Jetcon Corporation ended at $14.80 with 7,650 shares trading, after rising 20 cents, KLE Group rose 15 cents and ended at $2.10 with 8,000 shares changing hands, Knutsford Express added 50 cents and traded 41,363 shares in closing at $16.50, Lasco Distributors fell 5 cents and ended trading 20,100 units at $7.40, Lasco Financial rose 20 cents, with 1,000 shares changing hands to end at $4. Lasco Manufacturing gained 19 cents to $5 in trading 58,348 shares. Main Event fell 16 cents and ended trading 7,764 shares at $6.49. Medical Disposables ended at $6 with 10,662 units crossing the exchange, tTech ended with 500 units trading with a rise of 24 cents at $7.75 and Eppley 10% preference share, ended with 1,000 units changing hands at $6.60.
JSE main market drops on Thursday
JSE headquarters in downtown Kingston.
The main market of the Jamaica Stock Exchange closed much lower than on Thursday than on Wednesday with the All Jamaica Composite Index dropping 1,555.59 points to close at 260,937.31. The JSE Market Index dived 1,417.31 points to 237,743.45 and the JSE US dollar market index lost 0.83 points to 213.20.
At the close of trading, 29 securities changed hands including 1 trading in the US dollar market, leading to 10 stocks advancing and 9 declining. Trading in the main market ended with 6,887,167 units valued at $169,323,809 changing hands compared to 5,393,689 units valued at $311,918,709 at the close on Wednesday. Trading in the US dollar market accounted for 15,950 units valued at US$4,466.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 7 stocks with bids higher than their last selling prices and 4 with lower offers.
The main market ended trading with an average of 255,080 units valued at a mere $6,271,252 for every security traded compared to an average of 215,748 units valued at a mere $12,476,748 on Monday. The average volume and value for the month to date ended at 139,696 units with an average value of $4,379,939 compared with an average of 116,619 units with an average value of $4,001,676 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Berger Paints lost 75 cents to close at $18.75, with 128,862 shares changing hands, Cable and Wireless traded 450,000 stock units at $1.25, Caribbean Cement closed at $27, after falling $1.82 exchanging 5,536 shares, Carreras added $1, closing at $85, with 17,467 shares changing hands, Grace Kennedy closed at $42.97, gaining 2 cents with trades of 14,102 units, Jamaica Broilers gained 15 cents to close at $17.65, with 6,225 shares exchanged, Jamaica Producers closed at $16, with 100,266 units changing hands. Jamaica Stock Exchange traded 10 cents lower to close at $7 trading 26,494 shares, JMMB Group closed at $19, with a loss of $1 exchanging 2,631,555 units, Kingston Wharves closed at $32, gaining $1 trading 74,207 shares, NCB Financial Group closed at $71, with gains of $1 after exchanging 96,597 shares, 138 Student Living closed at $4.49 trading 13,000 units, 1834 Investments lost 1 cent to close at $1.54, with 5,842 shares changing owners. Palace Amusement exchanged 1,167 units at $340, PanJam Investment closed at $34.70, with an exchange of 3,000 shares, 
Portland JSX traded 15 cents lower to close at $10, with 12,531 units trading, Pulse Investments advanced $2.50, closing at $17 trading 11,000 shares, Radio Jamaica added 3 cents to close at $1.70 exchanging 8,621 shares, Sagicor Group closed at $34.35, gaining 10 cents with an exchange of 2,756,521 shares, Sagicor Real Estate Fund traded 20 cents slower to close at $10.80 with 2,741 shares traded. Scotia Group added 30 cents to close at $43.80 while exchanging 18,028 shares, Scotia Investments dropped $1.50 and closed at $36.50, with 3,300 shares changing hands, Seprod closed at $29.90, trading 9,100 shares, Sterling Investments lost $1.80 to close at $15.10, with an exchange of 328,000 units while Supreme Ventures traded 124,005 shares at $7.50. Proven Investments traded 15,950 ordinary shares at 28 US cents Sterling Investments US dollar listing traded 1,000 units at 11 US cents and JMMB Group 7.5% preference share closed at $1.15, with trades of 37,000 units.
