JPS preference share jumps $36 to $1,283

JPS preference share was the biggest mover on Thursday.

JPS preference share was the biggest mover on Thursday.

In Jamaica Stock Exchange trading on Thursday, Jamaica’s light and power company, Jamaica Public Service Company 7 percent preference share jumped $36 to a record high of $1,283 with 299,9000 units changing hands.
The market closed with reduced volume and value from the previous day with price changes, equally split between rising and declining stocks.
The All Jamaica Composite Index inched up by 147.22 points, to close at 203,125.12 to be up by 21 percent for the year to date. The JSE Market Index gained 131.64 points to finish at 186,004.54. The JSE combined index declined by 57.36 points to close at 198,302.43, with gain for the year to date, of 25 percent.
Market activity ended with just 25 securities changing hands, at the close, the prices of 8 stocks gained while 8 declined in the overall market, including 1 stocks rising and 4 falling, in the junior market.
At the close with 2,742,916 units valued at $409,709,133 changed hands, compared to 29,273,598 units valued at $1,131,638,942 changing hands on Wednesday. Of the stocks traded, the junior market accounted for 1,283,884 units changing hands, valued at $6,029,065.
ICI JSE sum 22-12-16 The average trade for the day in the main market ended at 85,825 shares compared to an average of 1,205,881 units traded on Wednesday. The average for the month to date stands at 478,937 shares compared to an average of 872,049 units for the month up to Wednesday. November ended with an average of 208,466 units.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 17 stocks with bids higher than their last selling prices and 4 with lower offers.
In market activity, Grace Kennedy fell 99 cents to close at $40 with 248,497 shares changing hands, Jamaica Broilers rose 50 cents and closed at $15 with mere 317 shares changing hands, Jamaica Producers gained 50 cents to end at $9 with 137,243 units trading, Jamaica Stock Exchange traded 3,728 shares, to end at $5.59. JMMB Group traded 3,328 shares at $14.48, Kingston Wharves ended trading 800 shares to close at $19.70 after adding 30 cents, National Commercial Bank lost 1 cent and ended at $48.99 with 5,274 shares changing hands, ICI JSE fnqts 22-12-16PANJAM Investment traded 2,377 shares and jumped 65 cents to close at a 52 weeks high of $28.10. Sagicor Group lost 10 cents to close with 149,513 shares changing hands, Sagicor Real Estate Fund traded 29,309 units to close with a gain of 49 cents at $11.49, Scotia Group with 21,945 shares changing hands and closed at $34. Scotia Investments dropped $4.10 with 1,828 units changing hands to close at $29.30, Seprod closed trading at $27.50 with 2,200 shares changing hands, Supreme Ventures traded 500,000 units to end with the price falling 12 cents at $4.90 and Proven Investments declined from 22 US cents to end at 21.95 US cents, with 53,485 units changing hands.

About IC Insider.com