Junior Market up again – Thursday

The Junior Market rose 22.26 points to close at 2,960.01 on Thursday after only 5 securities advanced, 11 declined and 7 remained unchanged and two closed at 52 weeks’ high.
At the close of market activities, 23 securities changed hands compared 21 securities changing hands on Wednesday. Trading ended with an exchange of 2,784,726 units valued at $12,698,406 compared with 1,189,225 units valued at $5,195,728.
Market activity ended with an average of 121,075 units for an average of $552,105 compared to an average of 56,630 units for an average of $247,416 on Wednesday. The average volume and value for the month to date, amounts to 167,926 units at $682,726 compared to 175,568 units at $704,033 on the prior trading day. March closed with an average of 149,999 units valued at $623,819, for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows just 5 stocks ending with bids higher than the last selling prices and 6 with lower offers, suggesting continuation of fluidity in price changes.
At the close of the market, Access Financial closed with a loss of 50 cents at $50, trading 970 shares, AMG Packaging ended 5 cents higher at $2.10, with 63,856 stock units, Caribbean Cream ended trading with a fall of 3 cents at $5.95, with 100 shares, Caribbean Producers jumped $1.09 to close at 52 weeks’ high of $5.60, with 68,696 units changing hands, C2W Music ended at 44 cents, with 12,759 shares. Derrimon Trading concluded trading with a loss of 48 cents at $8.52, with 68,721 shares, Dolphin Cove finished with a loss of 75 cents at $16.50, with 14,582 stock units, Elite Diagnostic settled 4 cents higher at 52 weeks’ high of $3.48, with 88,727 units, Eppley ended trading at $9.60, with 30,000 shares. Express Catering closed trading at $5.30, with 166,499 shares, FosRich Group fell by 12 cents to $2.43, with 48,162 shares, General Accident closed at $3, with 23,605 stock units, Honey Bun gained 20 cents and closed at $4.60, with 6,680 shares. ISP Finance settled with a loss of 20 cents at $15, with 45,380 shares trading, Jetcon Corporation traded at $4.11, with 66,330 units, Lasco Distributors traded 1,467,074 stock units and closed with a loss of 9 cents at $4.10, Lasco Financial finished 5 cents higher at $5.50, with 31,228 units. Lasco Manufacturing settled with a loss of 12 cents at $4.02, with 120 shares, Main Event ended trading with a loss of 15 cents at $6.04, in exchange of 102,787 shares, Medical Disposables traded 493 shares at $5.10, Paramount Trading closed with a loss of 3 cents at $3.05, trading 338,558 stock units, Stationery and Office fell 5 cents to $5.50, with 35,200 units and tTech concluded trading at $5.80, with 104,199 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.

JSE majors add 2,000 points – Wednesday

Trading on the Jamaica Stock Exchange main market ended with the JSE All Jamaican Composite Index recovering an additional 2,016.95 points to close at 324,446.16 on Wednesday after regaining 3,026.80 of the nearly 7,000 points lost on Tuesday to end at 322,429.21 as advancing stocks edged out declining ones.
The JSE Index regained an added 1,837.67 points to end at 295,607.13 after rising 2,757.76 on Wednesday in clawing back from more than 6,000 points plunge on Tuesday.
At the close, 28 securities traded, the same number as on Tuesday and ended with the prices of 13 stocks rising, 10 falling and 5 trading firm, in the main and US dollar markets.

Cable & Wireless Head quarters.

At the close of trading, Jamaica Broilers rose 99 cents to end at $21, Grace Kennedy lost 96 cents to $48, Kingston Wharves rose $1.48 to $40, NCB Financial Group traded with a loss of 99 cents at $96.52 and Scotia Group recovered $1.50 to $52.
Main market activity ended with 22,695,573 units valued at over $68,289,795 compared to 84,503,992 units valued at $180,560,263 on Tuesday. At the close of trading, Cable & Wireless closed with 16,941,044 shares trading amounting to 74.64 percent followed by Ciboney Group with 3,146,042 units and 13.86 percent and Wisynco Group with 1,207,289 units 5.32 percent.
Trading resulted in an average of 872,907 shares valued at $2,626,531, for each security traded, compared to 3,129,777 shares valued at $6,687,417 on Tuesday. The average for the month to date is 1,296,927 shares with a value of $5,228,826 and previously 1,355,881 shares with a value of $ 5,651,699. In contrast, March closed with an average of 626,526 units with an average value at $20,492,207 for each security traded.
The US dollar market closed on Wednesday with Proven Investments trading 547,109 units valued at over $109,430 and closed with a loss of 2 cents at 20 US cents. Trading ended with the market index falling 9.33 points, to close at 163.97.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and 6 with a lower offers.
For more details of market activities see – Cable & Wireless grabs 75% of JSE trades – Wednesday.

Cable & Wireless grabs 75% of JSE trades

C&W traded the most shares on Wednesday with the company trying to buy up shares on the market ahead of delisting.

Cable & Wireless dominated trading for the second on Wednesday, accounting for just under 75 percent or 19 million units of the total volume traded, as the controlling interest in the company prepared for the company to exit the Jamaica Stock Exchange.
Overall trading accounted for 22,695,573 units valued at $68,289,794 down from 84,503,992 units valued at $180,560,263 that changed hands on Wednesday.
The main market closed with 26 securities changing hands, of which 14 rose, 9 declined and 3 traded firm leading to the JSE All Jamaican Composite Index recovered another 2,016.95 points to end at 324,446.16 after recovering 3,026.80 of the nearly 7,000 points lost on Tuesday. The JSE Index regained an additional 1,837.67 points to close at 295,607.13 on Wednesday on top of the 2,757.76 regained on Wednesday of the more than 6,000 points plunge on Tuesday.
In market activity, Barita Investments closed 50 cents higher at $9.50, with 36,518 shares changing hands, Berger Paints ended 47 cents higher at $18.20, with 800 stock units, Cable & Wireless concluded trading at $1.45, with 16,941,044 units, Carreras finished 40 cents higher at $10.90, with 147,796 shares, Caribbean Cement settled 15 cents higher at $35.68, with 24,015 shares. Ciboney Group ended trading 1 cent higher at $0.15, with 3,146,042 shares, Grace Kennedy traded with a loss of 96 cents at $48, with 179,515 stock units, Jamaica Broilers finished trading 99 cents higher at $21, with 34,243 units, Jamaica Producers closed with a loss of 10 cents at $15.40, with 3,000 shares. Jamaica Stock Exchange ended with a loss of 3 cents at $6.97, with 3,778 shares, JMMB Group concluded trading with a loss of 19 cents at $26.02, with 20,137 shares, Kingston Properties finished with a loss of 84 cents at a 52 weeks’ low of $5.80, with 18,273 stock units, Kingston Wharves settled $1.48 higher at $40, with 6,794 units. Mayberry Investments ended trading 42 cents higher at $6.42, with 30,170 shares, NCB Financial Group traded with a loss of 99 cents at $96.52, with 121,296 shares, 1834 Investments finished trading 2 cents higher at $1.21, with 15,000 shares, PanJam Investment ended 5 cents higher at $43, with 3,319 units. Portland JSX concluded trading at $8.50, with 1,200 shares, Pulse Investments finished with a loss of 25 cents at $1.70, with 33,958 shares, Radio Jamaica settled with a loss of 4 cents at $1.06, with 23,260 shares, Sagicor Group ended trading 19 cents higher at $37.55, with 38,333 stock units. Scotia Group finished trading $1.50 higher at $52, with 13,123 shares, Seprod closed 25 cents higher at $35.75, with 2,347 shares, Supreme Ventures concluded trading with a loss of 15 cents at $11.70, with 55,155 stock units, Victoria Mutual Investments finished with a loss of 17 cents at $4, with 589,168 units and Wisynco Group settled 15 cents higher at $10.50, with 1,207,289 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE major adds 2,000 points – Wednesday.”

Modest gain for Junior Market – Wednesday

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The Junior Market rose marginally on Wednesday by 2.81 points to close at 2,937.75 after 10 securities advanced, 7 declined and 4 remained unchanged.
At the close of market activities, 21 securities changed hands compared 26 securities changing hands on Tuesday. Trading ended with an exchange of 1,189,225 units valued at $5,195,728 compared with 4,365,939 units valued at $14,517,264.
Market activity ended with an average of 56,630 units for an average of $247,416 compared to an average of 167,921 units for an average of $558,356 on Tuesday. The average volume and value for the month to date, amounts to 175,568 units at $704,033 compared to 196,383 units at $783,941 on the prior trading day. March closed with an average of 149,999 units valued at $623,819, for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows just 7 stocks ending with bids higher than the last selling prices and 9 with lower offers, suggesting the continuation of fluidity in price changes.
At the close of the market, Blue Power concluded trading at $39.99, with 1,000 units changing hands, CAC 2000 finished 44 cents higher at $8.45, with 7,281 shares, Caribbean Producers finished trading with a loss of 48 cents at $4.51, with 33,113 units, Consolidated Bakeries closed at $2, with 24,000 shares, Derrimon Trading concluded trading $1.49 higher at $9, with 16,888 shares. Dolphin Cove finished 5 cents higher at $17.25, with 1,400 stock units, Elite Diagnostic settled 14 cents higher at $3.44, with 57,291 units, Express Catering traded 5 cents higher at $5.30, with 142,691 shares, FosRich Group finished trading 5 cents higher at $2.55, with 103,760 shares. General Accident closed 5 cents higher at $3, with 3,000 stock units, Honey Bun concluded trading with a loss of 25 cents at $4.40, with 12,500 shares, ISP Finance settled 20 cents higher at $15.20, with 1,495 shares, Jamaican Teas ended trading with a loss of 14 cents at $5.16, with 36,860 stock units. Jetcon Corporation traded with a loss of 7 cents at $4.11, with 110,023 units, KLE Group closed with a loss of 2 cents at $2.50, with 3,500 shares, Lasco Distributors concluded trading 9 cents higher at $4.19, with 492,835 stock units, Lasco Financial finished with a loss of 5 cents at $5.45, with 93,594 units. Lasco Manufacturing settled 14 cents higher at $4.14, with 16,804 shares, Main Event ended trading with a loss of 1 cent at $6.19, with 19,958 shares, Stationery and Office closed at $5.55, with 7,844 units and tTech concluded trading at $5.80, with 3,388 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.

Trinidad Cement at 52 weeks’ low – Wednesday

TCL trades at 52 weeks’ low on TTSE.

In trading on the Trinidad & Tobago Stock Exchange on Wednesday with Trinidad Cement closing at 53 weeks’ low of $2.50 as investors lose faith in the profitability of the company but the stock closing with a bid for a small amount to buy at $2.50.
At the close 13 securities changed hands with 1 stocks advancing, 6 declining and 6 remaining unchanged compared to 16 trading on Tuesday
Trading volume remained low, with 404,907 shares valued at $2,835,805 changing hands, compared to 195,484 shares valued at $1,671,458 on Tuesday
At close, the Composite Index lost 2.16 points on Wednesday to 1,255.08, the All T&T Index declined 1.77 points to 1,697.88, while the Cross Listed Index fell 0.35 points to close at 109.53.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows the market continuing to be weak as it closed with only 2 stocks ending with bids higher than the last selling prices and 6 with lower offers, an indication of the continuation of a weak market currently.
Gains| Clico Investments price increased 4 cents, concluding trading at $20.20, with 6,286 units.
Losses| First Citizens’ shares fell 19 cents and completed trading at $32.51, after exchanging 1,788 shares, NCB Financial Group closed with a loss of 5 cents and completed trading at $6.10, after trading 300,000 shares, Republic Financial Holdings shed 4 cents and settled at $101.65, with 806 stock units changing hands, Scotiabank lost 1 cent and ended at $62.65, after exchanging 925 shares, Trinidad & Tobago NGL ended trading 20 cents lower at $27.30, after exchanging 15,330 shares and Trinidad Cement concluded trading with a loss of 10 cents and settled at 53 weeks’ low of $2.50, with 2,314 stock units changing hands.
Firm Trades|
Grace Kennedy concluded market activity at $3.15, with 33,000 units, JMMB Group settled at $1.86, with 39,100 stock units changing hands, Massy Holdings closed at $47, with 842 stock units trading, One Caribbean Media settled at $12.44, with 1,017 stock units changing hands, Prestige Holdings ended at $10.01, after exchanging 144 shares and Sagicor Financial concluded trading at $7.80, as 3,355 units changed hands.
Prices of securities trading for the day are those at which the last trade took place.

Junior Market softness continues – Tuesday

The Junior Market slipped again marginally on Tuesday by 0.92 points to close at 2,934.94 after an adverse advance, decline ratio 2 to 3 with securities trading climbing sharply over Monday’s level.
At the close of market activities, 26 securities changed hands compared 15 securities changing hands on Monday. The prices of just 6 stocks advanced, 9 declined and 11 remained unchanged.
Trading ended with an exchange of 4,365,939 units valued at $14,517,264 compared with 3,553,595 units valued at $11,612,887.
Market activity ended with an average of 167,921 units for an average of $558,356 compared to an average of 236,906 units for an average of $774,192 on Monday. The average volume and value for the month to date, amounts to 196,383 units at $783,941 compared to 204,255 units at $846,336 on the prior trading day. March closed with an average of 149,999 units valued at $623,819, for each security traded.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows just 7 stocks ending with bids higher than the last selling prices and 4 with lower offers, suggesting the continuation of fluidity in price changes.
At the close of the market, Access Financial closed with a loss of 50 cents at $50.50, trading 1,000 shares, AMG Packaging ended 5 cents higher at $2.05, with 442,159 stock units, Blue Power concluded trading with a loss of $2.01 at $39.99, with just 141 units, Caribbean Cream ended with a loss of 2 cents at $5.98, with 12,000 shares, Caribbean Flavours traded 50 cents higher at $11.50, with 23,478 stock units. Caribbean Producers finished trading with a loss of 1 cent at $4.99, with 52,762 units, Consolidated Bakeries closed at $2, with 16,221 shares, Dolphin Cove finished 20 cents higher at $17.20, with 70,611 stock units, Elite Diagnostic settled with a loss of 5 cents at $3.30, with 133,727 units. Express Catering traded at $5.25, with 2,500 shares, FosRich Group finished trading at $2.50, with 56,599 shares, Honey Bun concluded trading at $4.65, with 3,000 shares, Iron Rock finished at $3, with 3,300,000 shares. Jamaican Teas ended trading at $5.30, with 18,239 stock units, Jetcon Corporation traded 8 cents higher at $4.18, with 15,769 units, Key Insurance finished trading with a loss of 3 cents at $3, with 5,100 shares, KLE Group closed with a loss of 1 cent at $2.52, with 1,000 shares. Knutsford Express ended 40 cents higher at $14.40, with 988 shares, Lasco Distributors concluded trading at $4.10, with 22,436 stock units, Lasco Financial finished with a loss of 13 cents at $5.50, with 14,053 units, Lasco Manufacturing settled at $4, with 41,267 shares. Main Event ended trading 20 cents higher at $6.20, with 1,000 shares, Medical Disposables traded at $5.10, with 1,433 shares, Paramount Trading finished trading at $3.08, with 15,000 stock units, Stationery and Office closed at $5.55, with 53,440 units and tTech concluded trading with a loss of 19 cents at $5.80, with 62,016 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.

JSE major recovers 3,000 points – Tuesday

Trading on the Jamaica Stock Exchange main market ended with the JSE All Jamaican Composite Index recovering 3,026.80 of the nearly 7,000 points lost on Monday to end at 322,429.21 as advancing stocks edged out declining ones.
The JSE Index regained 2,757.76 of the more than 6,000 points plunge on Monday, to close at 293,769.46.
At the close with 28 securities traded, the same number as on Monday. Trading ended with the prices of 13 stocks rising, 10 falling and 5 trading firm, in the main and US dollar markets.
At the close of trading, Caribbean Cement lost $2.37 to end at $35.53, Grace Kennedy rose 96 cents to $48.96 and Scotia Group fell $1.50 at $50.50.
Main market activity ended with 84,503,992 units valued at $180,560,263 compared to 5,325,114 units valued at $49,013,254 on Monday. At the close Cable & Wireless with 80,371,757 units 95.11 percent, followed by Carreras with 1,686,921 shares and Scotia Group with 544,473 stock units.
Trading resulted in an average of 3,129,777 shares valued at $6,687,417, for each security traded, compared to 190,183 shares valued at $1,750,473 on Monday. The average for the month to date is 1,355,881 shares with a value of $5,441,440 and previously 1,056,536 shares with a value of $5,441,440. In contrast, March closed with an average of 626,526 units with an average value at $20,492,207 for each security traded.
The US dollar market closed on Tuesday with 1,500 units valued at US$1,500 as JMMB 7.5 % preference share ended closed at US$1 trading 1,500 stock units. Trading ended, leaving the market index unchanged at the close at 173.30.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and 3 with a lower offers.
For more details of market activities see – Cable & Wireless corners 95% of JSE – Tuesday.

Cable & Wireless corners 95% of JSE – Tuesday

Parent company of C&W Jamaica now owns over 91% of the shares.

Cable & Wireless accounted for just over 95 percent or 80 million units of the total volume traded on Tuesday, as the parent company prepared for the company to exit the Jamaica Stock Exchange on April 11.
Overall trading was much higher than on Monday as 84,503,992 units valued at $180,560,263 changed hands versus 5,325,114 units valued at $49,013,253 that was exchanged, on Monday.
The main market closed with 27 securities changing hands, 13 rose, 10 declined and 4 traded firm leading to the JSE All Jamaican Composite Index recovering 3,026.80 of the near 7,000 points lost on Monday to end at 322,429.21. The JSE Index regained 2,757.76 of the more than 6,000 points plunge on Monday to close at 293,769.46.
In market activity, Barita Investments closed at $9, with 188,546 shares, Berger Paints ended 17 cents higher at $17.73, with 9,009 stock units, Cable & Wireless concluded trading 20 cents higher at $1.45, with 80,371,757 units, Carreras finished 15 cents higher at $10.50, with 1,686,921 shares, Caribbean Cement settled with a loss of 2.37 cents at $35.53, with 3,100 shares. Ciboney Group ended trading 4 cents higher at $0.14, with 303,300 shares, Grace Kennedy traded 96 cents higher at $48.96, with 3,207 stock units, Jamaica Broilers finished trading with a loss of 49 cents at $20.01, with 64,399 units, Jamaica Producers closed 11 cents higher at $15.50, with 30,710 shares. Jamaica Stock Exchange ended 3 cents higher at $7, with 8,500 shares, JMMB Group concluded trading 21 cents higher at $26.21, with 100,691 shares, Kingston Wharves settled 2 cents higher at $38.52, with 100 units, Mayberry Investments ended trading with a loss of 42 cents at $6, with 15,000 shares. NCB Financial Group traded with a loss of 49 cents at $97.51, with 2,411 shares, 1834 Investments finished trading at $1.19, with 8,341 shares, PanJam Investment ended with a loss of 5 cents at $42.95, with 7,280 units, Portland JSX concluded trading at $8.50, with 152,700 shares. Pulse Investments finished 35 cents higher at $1.95, with 34,000 shares, Radio Jamaica settled 1 cent higher at $1.10, with 214,060 shares, Sagicor Group ended trading with a loss of 15 cents at $37.36, with 67,657 stock units, Sagicor Real Estate Fund ended trading with a loss of 10 cents at $15.20, with 32,190 shares, Scotia Group finished trading with a loss of 1.50 cents at $50.50, with 544,473 shares. Seprod closed at $35.50, with 29,572 shares, Supreme Ventures concluded trading with a loss of 4 cents at $11.85, with 6,600 stock units, Victoria Mutual Investments finished 12 cents higher at $4.17, with 19,427 units and Wisynco Group settled 35 cents higher at $10.35, with 499,541 shares trading. In the main market preference segment, Jamaica Money Market 7.5% traded with a loss of 4 cents at $1.95, with 100,500 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE majors recover 3,000 points – Tuesday.”

JSE trading value falls sharply – Monday

Trading on Monday were slightly higher than on Friday but with a much lower value as 5,325,114 units valued at $49,013,253 were exchanged, compared with 5,136,325 units valued at $124,111,209, on the main market of the Jamaica Stock Exchange.
The main market closed with 28 securities changing hands, of which 8 rose, 10 declined and 10 traded firm leading to the JSE All Jamaican Composite Index plunging 6,685.29 points to 319,402.41. The JSE Index dived 6,091.06 points to end at 291,011.70.
In market activity, Barita Investments closed at $9, with 8,367 shares, Berger Paints ended with a loss of 39 cents at $17.56, with 28,000 stock units, Cable & Wireless concluded trading at $1.25, with 163,107 units, Carreras finished with a loss of 35 cents at $10.35, with 122,941 shares, Caribbean Cement settled at $37.90, with 24,912 shares. Ciboney Group ended trading with a loss of 2 cents at $0.10, with 2,879,740 shares, Grace Kennedy traded at $48, with 35,805 stock units, Jamaica Broilers finished trading $20.50 higher at $20.50, with 703,300 units, Jamaica Producers closed 9 cents higher at $15.39, with 323 shares. Jamaica Stock Exchange ended $6.97 higher at $6.97, with 30,000 shares, JMMB Group concluded trading at $26, with 709 shares, Kingston Wharves settled with a loss of 50 cents at $38.50, with 34,230 units, Mayberry Investments ended trading 42 cents higher at $6.42, with 1,503 shares. NCB Financial Group traded 50 cents higher at $98, with 62,855 shares, 1834 Investments finished trading with a loss of 1 cent at $1.19, with 30,511 shares, Palace Amusement closed $1 higher at $751, with 300 stock units, PanJam Investment ended at $43, with 153,960 units. Pulse Investments finished with a loss of 10 cents at $1.60, with 26,000 shares, Radio Jamaica settled 4 cents higher at $1.09, with 19,218 shares, Sagicor Group ended trading with a loss of 9 cents at $37.51, with 201,015 stock units and Sagicor Real Estate Fund ended trading 2 cents higher at $15.30, with 15,288 shares, Scotia Group finished trading at $52, with 60,662 shares. Seprod closed 50 cents higher at $35.50, with 17,550 shares, Supreme Ventures concluded trading 39 cents higher at $11.89, with 10,537 stock units, Victoria Mutual Investments finished with a loss of 33 cents at $4.05, with 223,469 units, Wisynco Group settled with a loss of 20 cents at $10, with 226,152 shares In the main market preference segment, Jamaica Money Market 7.5% traded at $1.99, with 224,660 stock units and Proven Investments 8.25% traded at $5.15, with 20,000 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE major plunged over 6,000 points – Monday.”

JSE major plunged over 6,000 points – Monday

The JSE all Jamaica Composite Index fell more than 6,600 points.

Trading on the Jamaica Stock Exchange main market ended with the JSE All Jamaican Composite Index nose diving 6,685.29 points to close at 319,402.41 and the JSE Index plunging 6,091.06 points to 291,011.70.
At the close with only 28 securities traded versus 29 on Friday. Trading ended with the prices of 8 stocks rising, 10 falling and 10 trading firm, in the main and US dollar markets.
Despite the sharp fall in the market indices, at the close of trading, Palace Amusement with a rise $1 to end at $751, was the sole stock to record price movement around $1 or more.
Main market activity ended with 5,325,114 units valued at $49,013,254 compared to 5,136,325 units valued at over $124,111,209. Ciboney Group accounting for 54 percent of the volume traded with 2,879,740 units followed by Jamaica Broilers with 703,300 units amounting to 13.21 percent.
Trading resulted in an average of 190,183 shares valued at $1,750,473, for each security traded, compared to 190,234 shares valued at $4,596,711 on Friday. The average for the month to date is 1,056,536 shares with a value of $5,441,440 and previously 1,240,308 shares with a value of $6,425,698. In contrast, March closed with an average of 626,526 units with an average value at $20,492,207 for each security traded.
The US dollar market closed on Friday with 8,891 units valued at US$1,956 as Proven Investments was the sole stock traded and ended unchanged at 22 US cents, leaving the market index unchanged at the close at 173.30.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and 3 with a lower offers.
For more details of market activities see – JSE trading value falls sharply – Monday