JSE main market indices jump sharply – Friday

Bulls may be lurching to pounce on Jamaican stocks.

Trading closed on the Jamaica Stock Exchange on Thursday with, the All Jamaican Composite Index leaped 3,607.57 points to 329,083.46 and the JSE Index surged 3,286.90 points to close at 299,832.21.
A total of 23 securities changed hands, resulting in 6 advancing, 9 declining and 8 remaining firm.
Trading on the JSE main market ended with the overall volume and value returning to more normal levels of 4,603,241 units valued at $166,353,769, from the big surge on Thursday when Jamaica Broilers pushed trading 170,209,058 units valued at $3,113,335,699.
In market activity, Berger Paints ended at $19.50, with 1,562 stock units, Carreras gained 10 cents and concluded trading at $10.40, with 57,502 units, Caribbean Cement lost $1 and finished at $39, with 30,882 shares traded, Grace Kennedy fell 65 cents and ended trading at $49, with 1,462,365 shares, Jamaica Broilers recovered $2.81 to close at $21, with 19,907 stock units trading. Jamaica Producers lost 10 cents and finished trading at $16.50, with 80,429 units, Jamaica Stock Exchange closed down 39 cents to end at $7, with 25,500 shares, JMMB Group declined 80 cents and ended at $27, with 20,764 shares, Kingston Properties concluded trading at $6.60, with 200 shares. Kingston Wharves finished at $46 after falling 90 cents, with 3,395 stock units, Mayberry Investments settled at $6.45, with 10,756 units, NCB Financial Group gained $1 to end trading at $96, with 34,277 shares, 138 Student Living settled at $4.68, with a loss of 31 cents trading 100 units, PanJam Investment closed at $45, with 69,332 stock units. Radio Jamaica finished at $1.25, after falling 3 cents with 25,100 shares, Sagicor Group added 20 cents and settled at $38.50, with 1,357,691 shares and Sagicor Real Estate Fund rose 30 cents and finished at $14.30, with 7,998 units. Scotia Group climbed $1.05 in trading 422,278 stock units to close at $51.05, Supreme Ventures closed at $13, exchanging 94,024 shares. Victoria Mutual Investments ended at $4, with 50,009 shares and Wisynco Group concluded trading with a rise of 5 cents to close at $10, in the exchange of 721,410 stock units. In the main market preference segment, JMMB Group 7.25% concluded trading at $1.50, with 1,000 shares and JMMB Group finished at $1, with 106,760 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 back to normal  – Friday.”

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