The main market of the Jamaica Stock Exchange ended at another record close on Wednesday with the all Jamaica composite Index rising 776 points to 6 consecutive days of record close.
The market closed with 27 securities changing hands, including 3 trading in the US dollar market. At the close, 9 stocks advanced and 8 declined.
Trading levels in the main market ended at 2,091,191 units valued at $25,621,686 compared to 4,295,095 units valued at $1,350,559,147 on Friday. Trading in the US dollar market accounted for 22,705 units valued at US$10,242.
The All Jamaica Composite Index rose 776.19 points to close at 264,248.13, still below the 265,287.63 points reached during the morning session on Tuesday. The JSE Market Index climbed 707.19 points to finish at 240,759.97 and the JSE US dollar market index remained at 218.77 points.
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 2 with lower offers.
The main market ended trading with an average of 86,187 units valued at $1,067,570 per security traded, compared to an average of 4,295,095 units valued at $50,020,709 on Tuesday. The average volume and value for the month to date ended at 559,541 units with an average value of $7,597,279, compare with an average of 606,876 units and $8,250,250 on the previous trading day. The average volume and value for April ended at 382,748 units with an average value of $5,254,387.
In market activity, Barita Investments traded 83,620 shares at $7, Berger Paints lost 10 cents to close at $23.50, with an exchange of 18,764 shares, Cable and Wireless closed at $1.40, with 792,421 shares changing hands, Caribbean Cement traded 50 cents higher to close at $29.50 while exchanging 8,389 units. Carreras added $1 to close at $83 trading 17,981 shares, Grace Kennedy closed at $43, with gains of 60 cents exchanging 16,088 units, Jamaica Broilers closed at $20, with trades of 34,502 shares, Jamaica Producers closed 41 cents lower to $15.99, with 68,329 shares changing owners, Jamaica Stock Exchange gained 45 cents to close at $7.50 trading 74,702 shares. JMMB Group closed at $20.01, losing 99 cents, trading of 88,264 units, Kingston Wharves traded 48 cents higher to close at $31.49, with an exchange of 107,651 units, NCB Financial Group closed at $72, with a 1 cent gain after trading 130,222 shares, 1834 Investments traded 4 cents lower to close at $1.80, with an exchange of 2,089 shares, 138 Student Living traded 15,685 shares at $4.49, PanJam Investment closed at $35.55, with trades of 5,346 shares. Pulse Investments closed at $14.40, with gains of 40 cents as 11,463 shares were exchanged, Radio Jamaica closed at $1.66, losing 4 cents trading 132,912 shares, Sagicor Group gained 50 cents to close at $33.50, with trades of 17,041 shares, Sagicor Real Estate Fund closed at $11.05 and lost 14 cents exchanging 6,683 units, Scotia Group closed at $42, with 14,663 units changing hands, Seprod traded 25,000 shares at $35, Sterling Investments lost 15 cents to close at $16.75 with an exchange of 1,000 shares, Supreme Ventures lost 1 cent to close at $7.49, with trades of 151,466 shares. Margaritaville Turks closed at 34 US cents with 10,821 units traded, Proven Investments closed at 29 US cents trading 8,084 ordinary shares, JMMB Group 6% US preference share closed at US$1.10 with trades of 3,800 units and JMMB Group 7.5% preference share closed at $1.10, with 244,205 units changing hands.
JSE majors slipped slightly on Monday
Trading in the main market of the Jamaica Stock Exchange closed on Monday with 26 securities changing hands with 1 trading in the US dollar market. At the close, 10 stocks advanced and 8 declined with the main market ending in 2,884,030 units valued at $64,356,186 trading compared to 4,838,789 units valued at $105,278,278 at the close on Wednesday.
Trading in the US dollar market accounted for only 1,502 units valued at US$450. The All Jamaica Composite Index declined 144.74 points to close at 257,591.70, the JSE Market Index fell 131.87 points to finish at 234,695.22 and the JSE US dollar market index closed unchanged at 218.99 points.
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 9 stocks with bids higher than their last selling prices and 1 with a lower offer.
The main market ended trading with an average of 110,924 units valued at $2,475,238 per security traded, compared to an average of 256,060 units valued at $2,718,995 on Friday. The average volume for the month to date ended at 188,647 units with an average value of $3,859,708 versus 204,192 units with an average value of $4,136,602 on the prior trading day. The average volume and value for April ended at 382,748 units with an average value of $5,254,387.
In market activity, Berger Paints lost 5 cents to close at $16.85, in trading of 17,380 shares, Cable and Wireless closed at $1.34, with 353,181 shares changing hands, Caribbean Cement traded $1 higher to close at $29 with an exchange of 13,220 units, Carreras closed at $77 exchanging 57,323 shares, Grace Kennedy closed at $42.50, after gaining 25 cents and trading 800,378 units. Jamaica Broilers closed at $17.50, with gains of 50 cents trading 64,249 shares, Jamaica Producers closed $1 lower to $17.60 exchanging 223,675 shares and Jamaica Stock Exchange closed at $7.75, with a loss of 25 cents, trading 12,138 shares, JMMB Group closed at $21.25, losing 25 cents with trades of 11,790 units, Kingston Wharves traded 90 cents lower to close at $30, with 11,511 shares changing hands. Mayberry Investments gained 5 cents to close at $4.55 with an exchange of 78,234 shares, NCB Financial Group closed at $71, after exchanging 143,410 shares, 1834 Investments gained 6 cents to close at $1.50, trading 4,300 shares, 138 Student Living traded 100 units at $4.50, PanJam Investment closed 19 cents higher to $35.20, in exchanging 7,317 shares, Portland JSX Fund closed at $10.60 trading 800 units. Pulse Investments closed trading at $9.10 in gaining $1.05 with 113,536 shares swapping owners, Radio Jamaica gained 2 cents and closed at $1.67, with 43,300 shares, Sagicor Group closed at $33.50, to record a gain of 45 cents in trading 29,153 shares, Sagicor Real Estate Fund gained 5 cents to close at $10.35 while exchanging 8,200 units, coffee processors, Salada Foods traded 2,700 units at $8, Scotia Group closed 50 cents lower at $43, with 29,579 units changing hands, Seprod shed $3.50 to close at $36, trading 15,860 shares Sterling Investments lost 1 cent to close at $17 with an exchange of 500 units, Supreme Ventures closed at $6.38, with trades of 678,489 shares and Proven Investments exchanged 1,502 ordinary shares at 30 US cents.
3 New juniors market highs
Trading on the Junior Market of the Jamaica Stock Exchange ended with the market index falling 17.32 points and three securities hit new records during the day. At the close 19 securities changed hands versus 21 on Wednesday, the market index ended at 3,245.83.
Advancing stocks ended at 6 versus 9 declining stocks. Overall, 1,453,103 units valued at $8,762,028 changed hands compared to 1,708,218 units valued at $12,344,346 on Wednesday. Trading ended with 10 stocks having bids higher than their last sale prices and 2 with lower offers.
The Junior Market ended trading with an average of 76,479 units for an average value of $461,159 traded, compared to 81,344 units for an average value of $587,826 on the previous trading day. The average volume and value for the month to date are 99,447 units and $705,342 while at the close of the prior day it was 107,103 units and $786,736. The average volume and value for April ended at 502,597 units and $2,768,003.
At the close of the market, Access Financial Services jumped $1.90 to close at an all-time high of $46.90 in trading 12,127 shares, AMG Packaging climbed 4 cents and closed at $4.99 with just 3,050 units changing hands, CAC 2000 closed at $7.30 with 420 shares trading, Cargo Handlers lost 15 cents in trading 14,900 shares at $20. Caribbean Cream closed trading with 101,009 units and lost 35 cents to end at $7.50, Consolidated Bakeries lost 10 cents in trading 15,580 shares to close at $2.90, Dolphin Cove fell 80 cents to end at $20 with 16,031 shares trading, Honey Bun shed 30 cents with 16,000 shares changing hands, to close at $7.40, ISP Finance squeezed 1 cent more unto the previous price to end at a record high of $18.01 with 20,000 units changing hands. Jamaican Teas dropped 63 cents in trading 989,868 shares, to close at $4.22, Jetcon Corporation ended at $13.25 with 4,700 shares trading. KLE Group traded 4,000 units to close at $2.85, Knutsford Express traded 4,800 shares at $46,Lasco Distributors ended with 197,800 units trading with a gain of 20 cents at $7.40, Lasco Financial fell 55 cents and ended with 4,075 shares changing hands at $4, Lasco Manufacturing fell 3 cents and closed at $5.45 while trading 12,771 shares, Main Event fell 2 cents and ended trading of 9,659 shares at $6.29, after trading at an all-time high of $6.75, Paramount Trading ended with 15,000 shares changing hands and rose 5 cents to $3.45 and tTech ended with 11,313 units changing hands at $7.50 after rising 1 cent.
JSE stocks dropped on Monday
Trading in the main market of the Jamaica Stock Exchange closed on Monday with 25 securities changing hands with 2 trading in the US dollar market. At the close, 5 stocks advanced and 11 declined.
Trading levels in the main market ended at 6,543,059 units valued at $67,974,879 compared to 6,987,999 units valued at $137,346,087 on Friday. Trading in the US dollar market accounted for 1,702 units valued at US$998.
The All Jamaica Composite Index dropped 2,009.81 points to close at 251,986.09, the JSE Market Index dived 1,831.17 points to finish at 229,587.87 and the JSE US dollar market index remained at 219 points.
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 1 with a lower offer.
The main market ended trading with an average of 256,060 units valued at $2,718,995 per security traded, compared to an average of 258,815 units valued at $5,086,892 on Friday. The average volume and value for April ended at 382,748 units with an average value of $5,254,387.
In market activity, Berger Paints closed at $16 trading 38,142 shares, after trading at a 52 week’s intraday high of $16.90, Cable and Wireless closed at $1.35, gaining 4 cents with 181,062 shares changing hands, Caribbean Cement traded 1 cent higher at $26.01 with trades of 19,575 units. Carreras lost 61 cents to close at $76.89 exchanging 6,003 shares, Grace Kennedy closed at $43.90, losing 10 cents trading 13,475 units, Jamaica Broilers closed at $16.90, gaining 40 cents with an exchange of 9,318 shares, Jamaica Producers closed 15 cents lower at $17.50, exchanging 2,590 shares Jamaica Stock Exchange closed 31 cents lower to $7.20, with trades of 8,798 shares. JMMB Group closed at $20, after losing 88 cents and trading 49,704 units, Kingston Wharves closed at $31, with gains of 25 cents exchanging 19,100 units, Mayberry Investments closed at $4.60, with an exchange of 230,961 shares, NCB Financial Group traded at $70, gaining $2.50 with 116,119 shares changing hands, 1834 Investments lost 11 cents to close at $1.70, with an exchange of 49,071 shares, PanJam Investment closed 85 cents lower to $34.15 with trades of 671,027 shares. Portland Fund closed at $10 exchanging 22,987 shares, Pulse Investments closed at $8.05 with trades of 30,000 units, Radio Jamaica lost 1 cent to close at $1.67 exchanging 4,479,929 shares, Sagicor Group closed at $31, with a loss of $1.50 trading 84,800 shares, Scotia Group closed at $39.01, losing $2.99, with 388,894 units changing owners, Scotia Investments closed at $36.55, with a loss of $1.70 exchanging 116,579 shares, Seprod traded 1,810 units at $36, Sterling Investments closed at $17.01, with 570 shares exchanged, Supreme Ventures closed at $6.38 trading 100 shares. Proven Investments exchanged 1,093 ordinary shares at 30 US cents, Jamaica Money Market Brokers 7.5% preference share closed at $1.98 exchanging 2,000 units and Jamaica Public Service 9.5% preference share closed at $1,300 trading 445 units.