JSE jumps sharply on Thursday

The number of securities trading on Thursday increased and remains at elevated levels over 40 as the market closed with 11,309,612 units valued at $179,784,674 changing hands, in all market segments and the market indices jumped sharply by the close. A total of 4 stocks closed at a 52 weeks’ high.
The JSE Market Index climbed 1,796.81 points to 142,047.35, the all Jamaica Composite Index shot up 2,008.04 points to end at 157,702.22 and the JSE combined index jumped 1,764.62 points to end at 148,377.59.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 11 stocks with bids higher than their last selling prices and 2 with lower offers.
In trading, Berger Paints ended with 478,260 units trading at $3.60 after adding 9 cents, Cable and Wireless closed with 760,826 units changing hands at $1.52, Caribbean Cement closed trading at $18.50, with 18,695 shares changing hands. Carreras closed at $56 with 52,742 units trading, Ciboney closed at a 52 weeks’ high of 23 cents after gaining 2 cents with 65,930 shares changing hands, Desnoes & Geddes ended with 14,000 shares trading at $30, Gleaner Company traded at 105,031 shares and but fell 21 cents to $1.70, Jamaica Broilers rose 14 cents in trading 343,265 shares, to close at $8.60, Jamaica Producers climbed $2 to close at 52 weeks’ high of $32 with 5,197 units trading Jamaica Stock Exchange jumped $1.50 in trading 2,000 units to end at a 52 weeks’ high of $15.50, JMMB Group ended trading 737 shares, to close at $10.25. Kingston Wharves traded 8,079 units to end at $11.20, Mayberry ended with 318,784 shares changing hands at $4.70, after rising 41 cents, National Commercial Bank closed with 3,367,608 units changing hands at $37.50 with a loss of $1.50. Pan Jamaican ended with 42,553 shares and jumped to $5 to a 52 weeks’ high of $95, Pulse Investments had 90,089 units trading at the price rose 32 cents to close at $2.50, Radio Jamaica lost 24 cents in trading 32,794 units at $4.81, Sagicor Group rose $1.20 with 555,102 units to end at $16.70. Scotia Group had 212,574 shares changing hands at $27, Scotia Investments had 57,245 units trading with a gain of 16 cents to end at $28, Seprod lost 1 cent in trading 22,794 units at $18.60. Supreme Ventures closed with 1,192,628 units changing hands at $4.70 with a 1 cent loss, Jamaica Money Market Brokers 8.750% preference share ended trading 348,115 units at $2.65.