
Scotia Group climbed $1.39 to be one of the main stocks to contribute to the big gain in the indices on Friday
Trading levels in main market ended at 9,512,849 units valued at $220,101,365 compared to 93,827,780 units valued at $320,466,964 at the close on Thursday. Trading in the US dollar market accounted for 23,350 units valued at US$6,808.
The All Jamaica Composite Index advanced 2,908.98 points to close at 248,333.69 the JSE Market Index rose 2,650.41 points to finish at 226,260.13 and the JSE US dollar market index gained 0.37 points to close at 216.96.
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 11 stocks with bids higher than their last selling prices and none with lower offers.
The main market ended trading with an average of 413,602 units valued at $9,170,890 per security traded, compared to an average of 3,475,103 units valued at $11,869,147 on Thursday. The average volume for the month to date ended at 833,460 units valued $5,623,143 per company stock traded versus 938,424 units valued at $4,736,206 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 $12.05, losing 25 cents with 3,430 shares changing hands, Cable and Wireless closed at $1.28 with an exchange of 1,715,016 shares, Caribbean Cement added 50 cents to close at $30.50 with trades of 2,051 units. Carreras closed $3.98 higher to $74 with 3,589 shares being exchanged, Grace Kennedy added 85 cents to close at $44.70, with 54,517 units trading, Jamaica Broilers closed with trades of 24,595 shares at $16.50, Jamaica Producers closed at $15, with 24,515 shares changing hands, JMMB Group closed 45 cents lower at $18.55 trading 250,373 units, Kingston Properties gained 5 cents to close at $15.95 with 3,730 shares changing hands. Kingston Wharves closed at $32.36, with gains of $1.35 while exchanging 694 units, Mayberry Investments lost 5 cents to close at $4.70 with trades of 20,638 shares, NCB Financial Group gained 50 cents, closing at $62.40 after exchanging 2,216,545 shares, 138 Student Living traded 787,300 units at $4.49, Pan Jamaican closed 61 cents lower at $35 with 1,000,860 shares changing owners. Portland JSX slid 90 cents trading 700 units to close at $10
, Radio Jamaica closed at $1.60 with an exchange of 1,422,991 units, Sagicor Group closed at $33, after falling by $1 with 544,295 shares changing hands, Sagicor Real Estate Fund gained 51 cents to close at $10.51, with 1,480 shares traded, Scotia Group climbed $1.39 to close at $40, with 258,220 units traded, Scotia Investments jumped $3.15 to $39.20 in exchanging 12,000 shares, Supreme Ventures closed at $6.35, with trades of 16,521 shares. Margaritaville Turks gained 3 US cents to close at 26.01 US cents trading 3,400 units, Proven Investments closed at 30 US cents trading 19,950 ordinary shares and JMMB Group 7.5% preference share closed at $1.05, with an exchange of 1,147,989 units.