JSE main market moving higher with strong support from resistance level (Red Line) going back to 2016
Trading on the main market of the Jamaica Stock Exchange ended on Friday with JSE All Jamaican Composite Index jumping 2,500.28 points to 417,412.66 and the JSE Index climbing by 2,275.58 points to 380,307.12.
At the close market activity, the main and US markets traded 39 securities, compared to 32 securities trading on Wednesday, with 18 advanced, 13 declined and 8 traded firm.
Main market activity ended with, 3,327,691 units valued at $215,403,267 changing hands, compared to 20,917,776 units valued at $2,473,285,188 on Thursday.
Eppley, Jamaica Stock Exchange and 138 Student Living preference share closed trading at 52 weeks highs but PanJam Investment traded at a 52 weeks’ intraday high of $82 but fell back by the close.
NCB Financial Group led trading for the second consecutive day with 1,062,496 shares for 32 percent of the day’s volume, Radio Jamaica was next with 672,252 shares, accounting for 20 percent of the total main market volume changing hands and Jamaica Broilers ended with 336,124 shares, for 10 percent of the day’s volume.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 9 stocks ending with bids higher than their last selling prices and 2 closing with lower offers.
An average of 97,873 units valued at $6,335,390, in contrast to 674,767 shares valued at $79,783,393 on Thursday. The average volume and value for the month to date, amounts to 351,464 shares with a value of $16,773,070 and previously, 318,056 shares with a value of $9,511,657. 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 $1.10 in closing at $49.50 in trading 167,000 shares, Berger Paints fell 50 cents to end at $20, with 18,072 stock units trading, Caribbean Cement exchanged 40,126 shares with a loss of 50 cents, to end at $43. Eppley climbed $3.90 and ended trading of 1,000 shares, at a 52 weeks’ high of $13, Grace Kennedy traded 6,862 stock units with a gain of 50 cents to end at $58.50, Jamaica Producers rose 50 to close at $22.50, with 7,370 shares trading, Jamaica Stock Exchange ended at a 52 weeks’ closing high of $17.50, with 83,338 shares trading. JMMB Group lost $1.30 in trading of 19,904 shares at $31.70, Kingston Wharves rose $1 to close at $76, with 1,589 units changing hands, 
Mayberry Investments lost 85 cents and ended trading of 6,119 shares, at $8.05, 183 Student Living lost 30 cents trading 25,200 shares at $5.50. PanJam Investment fell 50 cents trading 19,320 units to close at $79.50 after hitting earlier a 52 weeks high of $82, Sagicor Group gained $1 and ended trading 53,548 stock units at $38.50, Salada Foods rose 50 cents in traded 5,200 shares at $33. Scotia Group rose $1.99 trading 5,498 shares at $53.99, Stanley Motta shed 33 cents to end at $4.67, with an exchange of 2,000 shares, Sygnus Credit Investments dipped 50 cents to end at $11.50 with an exchange of 88,000 shares and Wisynco Group gained 35 cents and concluded trading of 43,108 shares at $11.
Trading in the US dollar market resulted in 152,096 units valued at US$31,930 changing hands. JMMB Group 6% preference share concluded trading of 1,300 units at $1.04, Margaritaville traded 3,895 shares at 24 US cents, Proven Investments traded 129,301 units, with the price closing at 21.99 US cents, Sterling Investments trading 10,000 units to close at 4 us cents and Sygnus Credit Investments ended with 7,600 units trading at 11 US cents after falling 1 cent. The JSE USD Equities Index rose 0.33 points to close at 175.38.
In an active trading session on the Junior Market of the Jamaica Stock Exchange on Friday, 27 securities changed hands, resulting in an exchange of 4,398,457 units valued at $19,730,388. 
at $7.50, FosRich Group traded 32,795 shares and moved 17 cents higher to $4.17, Fontana finished trading of 123,255 shares, with a loss of 5 cents to close at $3.95. General Accident closed at $4, with an exchange of 155,848 stock units, GWest Corporation ended at $1.45, with 4,600 units trading. Indies Pharma ended 6 cents higher at $2.80, with an exchange of 15,140 shares, Jamaican Teas traded 537,851 units and rose 5 cents to $4, Jetcon Corporation finished trading with a loss of 11 cents at $3.07, in exchanging 925,520 shares, Lasco Distributors gained 24 cents to close at $3.99, with 426,911 units trading. Lasco Financial settled with a loss of 15 cents at $4.35, in exchanging 119,944 shares, Lasco Manufacturing ended trading 138,653 shares with a loss of 1 cent in closing at $3.19, Main Event traded 240,861 shares, with a loss of 30 cents at $5.50, Medical Disposables finished trading at $5.50, with 24,000 stock units changing hands. Paramount Trading closed at $2.40, trading 35,364 units and SSL Venture Capital ended at $1.95, with 594,200 shares traded.
Market activity on the Trinidad & Tobago Stock Exchange ended on Friday with 16 securities trading against 18 on Thursday, with 3 advancing, 4 declining and 9 remaining unchanged.
trading of 40 stock units at $13.52, JMMB Group closed with a loss of 4 cents at $1.71, after exchanging 7,639 shares. Sagicor Financial fell 1 cent and concluded trading of 2,650 shares, at $9.99 and Trinidad Cement lost 5 cents and settled at $2.50, after exchanging 1,759 shares.
23,515 units changing hands, 183 Student Living rose 80 cents trading 1,100 shares at $5.80. PanJam Investment jumped $4.99 in ending at a 52 weeks closing high of $80, trading 48,795 units, Sagicor Group gained 40 cents and ended trading 153,890 stock units at $37.50, Scotia Group added 75 cents trading 20,694 shares at $52, Stanley Motta gained 50 cents to end at $5, with an exchange of 31,684 shares. 
$14.50, with an exchange of 2,000 shares, Caribbean Cream ended trading of 7,500 shares, at $5.37. Caribbean Flavours traded 12,000 stock units with a rise of $1.85 to close at $18, Caribbean Producers finished trading 6,841 units, with the price moving 5 cents higher to $4.75, Dolphin Cove fell 5 cents to close at $15.35, trading 150 shares, Everything Fresh finished 5 cents higher at $1.90, with 14,030 stock units trading. Elite Diagnostic settled 31 cents higher at $3.40, with 29,103 units changing hands. Express Catering ended trading 15,500 shares and closed 6 cents higher at $7.06, FosRich Group traded 5,621 shares at $4, Fontana closed 10 cents higher at $4, with an exchange of 1,345,881 shares, General Accident closed 1 cent higher at $4, with 42,042 stock units changing hands. GWest Corporation ended 9 cents higher at $1.45, with an exchange of 8,000 units, Honey Bun concluded trading of 42,960 shares, with a loss of 10 cents at $3.70, Indies Pharma finished with a loss of 16 cents at $2.74, with 164,127 shares passing through the market, Jamaican Teas traded 42,300 units with a loss of 5 cents at $3.95. Jetcon Corporation closed at $3.18, trading 1,500 shares, 
Knutsford Express concluded trading of 5,050 stock units and climbed 50 cents higher to $13, Lasco Distributors finished at $3.75, with an exchange of 12,784 units, Lasco Financial rose 15 cents to $4.50, in trading 10,000 shares. Lasco Manufacturing ended trading 70,310 shares, with a loss of 9 cents at $3.20, Paramount Trading closed at $2.40, with 5,981 units changing hands, Stationery and Office concluded trading of 20,592 shares and rose 40 cents higher to $8.40 and tTech settled at $5.84, in exchanging 23,706 stock units. In the junior market preference segment, CAC 2000 9.5% closed at $1, with 293,741 shares changing hands.
Market activity on the Trinidad & Tobago Stock Exchange ended on Thursday with 18 securities changing hands against 13 on Wednesday, with 4 advancing, 4 declining and 10 remaining unchanged.
exchanging 692 shares.
Trading on the main market of the Jamaica Stock Exchange ended on Wednesday with the market indices and ending with more declines even as advancing stocks were more than declining ones.
Stanley Motta fell 50 cents to end at $4.50, with an exchange of 1,616 shares, Supreme Ventures rose 45 cents and finished trading of 129,583 units at $19.80. Sygnus Credit Investments rose 75 cents to end at $11 with an exchange of 16,550 shares, Victoria Mutual Investments rose 35 cents to settle at $4.05, with 30,867 shares changing hands and Wisynco Group rose 40 cents and concluded trading of 3,318,014 shares $10.90.
stock units at $4, Jetcon Corporation traded 14,500 units with a loss of 7 cents at $3.18, Knutsford Express ended with a loss of 20 cents at $12.50, with an exchange of 103,076 shares, Lasco Distributors ended trading of 73,727 stock units at $3.75. Lasco Financial closed with a loss of 15 cents at $4.35, with 35,401 units changing hands, Lasco Manufacturing settled 2 cents higher at $3.29, trading 35,900 shares, Main Event ended trading 4,452 shares, with a loss of 20 cents at $5.80, Medical Disposables traded 18,000 shares with a loss of 10 cents to close at $5.50. Paramount Trading finished trading 6,500 stock units at $2.40 and Stationery and Office ended with a loss of 40 cents at $8, trading 27,474 shares. In the junior market preference segment, CAC 2000 9.5% ended at $1, with 6,400 stock units trading and Derrimon Trading 9% concluded trading at $2.10, with 4,833 units.
shares and Trinidad & Tobago NGL declined 11 cents and completed trading of 68,154 units at $29.50.
gains in profit in the December quarter of $168 million versus $79 million in the similar period in 2017. JMMB Group 6% preference share was next with 1,799,538 shares and accounting for 18.7 percent of the total main market volume changing hands and 1834 Investments with 705,080 shares, for 7 percent of the day’s volume.
Kingston Wharves dropped $2 and settled at $70, with 44,616 units changing hands, 138 Student Living rose 49 cents and finished trading 1,199 shares at $4.01. PanJam Investment jumped $2.99 and ended at a 52 weeks’ closing high of $78, trading 6,262 units, Sagicor Group lost 35 cents and ended trading at $38.50, with 39,275 stock units, Salada Foods traded just 700 units, but lost 50 cents to close at $38, Scotia Group dropped $1.89 to finish trading 195,910 shares at $51.11. Seprod climbed $2.50 to finish trading of 695,712 shares at $39, Stanley Motta rose 30 cents to end at $5, with an exchange of 5,000 shares, Supreme Ventures rose 35 cents and finished trading of 12,668 units at $19.35. Sygnus Credit Investments rose 75 cents to end at $11 with an exchange of 16,550 shares and Victoria Mutual Investments lost 30 cents to settle at $3.70, with 236,520 shares changing hands.
