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.
3 New juniors market highs
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.
Upper hand to rising stocks Wednesday
Trading in the main market of the Jamaica Stock Exchange closed on Wednesday with 25 securities changing hands with 2 trading in the US dollar market. A total of 13 stocks advanced and 9 declined while 2 closed at a new highs and one at a 52 weeks’ low.
Trading levels in main market ended at 3,999,238 units valued at $59,651,337 compared to 4,459,136 units valued at $97,369,402 at the close on Tuesday. Trading in the US dollar market accounted for 25,143 units valued at US$23,308.
The All Jamaica Composite Index jumped 1,629.68 points to close at 250,336.15 the JSE Market Index surged 1,484.82 points to finish at 228,084.60 and the JSE US dollar market index gained 3.38 points to close at 219.00.
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 159,970 units valued at $2,364,549 for each security traded, compared to an average of 165,153 units valued at $3,606,274 per security on Tuesday. The average for the month to date, ended at 484,175 units valued at $5,094,235 for each security versus 516,596 units valued at $5,367,204 on the prior trading day. The average volume and value for March ended at 549,909 units and $1,379,459.
In market activity, Berger Paints closed at $13.93, with a loss of 7 cents trading 37,105 shares, Cable and Wireless closed at $1.35, gaining 5 cents with an exchange of 953,276 shares, and Caribbean Cement closed $2 higher to $32 with 175,355 units changing hands. Carreras closed at $74, exchanging 21,369 shares, Grace Kennedy closed at $42, losing 80 cents with trades of 254,769 units, Jamaica Broilers closed 20 cents lower to $16.80 with 170,159 shares changing hands, Jamaica Producers closed at $15.41, with gains of 41 cents while exchanging 7,182 shares,Jamaica Stock Exchange gained $1 to close at $8, with an exchange of 87,363 shares. JMMB Group closed 33 cents higher at $18.98, with trades of 403,706 units, Kingston Properties traded at $15.50, losing 45 cents with 2,800 shares changing hands, Kingston Wharves closed $1 higher at $31, in trading 22,662 units, Mayberry Investments gained 20 cents to close at $4.70 exchanging 6,761 shares, NCB Financial Group traded $5 higher to end at a 52 weeks’ closing high of $70, with 36,393 shares changing hands, 1834 Investments closed at $1.50, with an exchange of 12,748 shares, 138 Student Living closed at $4.49 with 6,012 units traded, infrequent traderPalace Amusement advanced $30, to end at a 52 weeks’ high of $230 while exchanging just 100 units, Pan Jamaican closed at $35, while gaining 34 cents with 21,503 shares changing hands. Radio Jamaica gained 5 cents to close at $1.65 with trades of 25,081 shares, Sagicor Group gained 20 cents to close at $33.25, while trading 511,828 shares, Sagicor Real Estate Fund closed at $10.05, with 1,472 shares traded, Salada Foods closed 95 cents lower, to end at a 52 weeks’ low of $7.05, with 1,000 shares changing owners, Scotia Group lost $1.50 and closed at $40, exchanging 149,444 units, Supreme Ventures closed at $6.15, while losing 23 cents and trading 2,373 shares. Proven Investments closed at 30 US cents, exchanging 5,437 ordinary shares, Jamaica Money Market Brokers 7.5% preference share lost 1 cent to close at $1.80 with an exchange of 130,597 units, JMMB Group 7.5% preference share traded 5 cents lower, closing at $1.05 with 958,180 units changing hands, and JMMB Group US 6% preference share rose 2 cents and closed at US$1.10 with trades of 19,706 units.