JSE main market rose again on Friday

The Jamaica Stock Exchange main market made more gains in the indices in closing of Friday further eroding the 13,784 points lost between Monday and Wednesday.
Market activity closed with 27 active securities in the main and US dollar markets, compared to 26 on Thursday with the prices of 9 stocks falling, 9 rose and 9 remained unchanged.
The All Jamaica Composite Index rose 2,458.12 points to close at 392,478.06 and the JSE Index gained 2,239.62 points to close at 357,591.94.
Main market trading closed with NCB Financial leading with 857,402 units, or 19.3 percent of the day’s volume, Victoria Mutual Investments with 787,348 units and 17.7 percent of volume traded and Jamaica Broilers with 723,426 units with 16.3 percent of the day’s volume.
IC bid-offer Indicator|At the end of trading, the Choice bid-offer indicator reading shows just 1 stock ending with the bid higher than the last selling prices and 4 closing with lower offers.
Trading closed with 4,441,819 units valued at $191,130,108 changing hands compared with 1,665,733 units valued at over $37,959,691 being exchanged, on Thursday.
Trading resulted in an average of 177,673 units valued at over $7,645,204, in contrast to 35,241 shares valued at $1,941,745 on Thursday. The average volume and value for the month to date, amounts to 317,399 valued at $2,996,910, compared to 335,784 valued at $2,283,981. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In the main market activity, Caribbean Cement shed 75 cents to close at $42.25 in closing trading of 31,531 shares, Grace Kennedy jumped $2.90 in trading 12,730 shares to close at $56, Jamaica Producers lost $1.51 to end at $23, trading 234,083 shares, Jamaica Stock Exchange rose 45 cents to close at $10.45, with 69,004 shares traded, JMMB Group rose 89 cents and ended at $33.90, with an exchange of 37,478 shares, Mayberry Investments shed $2.50 to settle at $10.50, in exchanging 15,799 units, Mayberry Jamaica Equities traded 266,879 units but fell 30 cents to close at $10, PanJam Investment gained $1 and closed at $63, with an exchange of 4,774 stock units, Pulse Investments shed $1 trading just 100 shares at $3, Seprod lost $1 and finished trading of 34,130 shares at $38.00, Sagicor Group jumped $1 to $40, trading 33,174 shares and Supreme Ventures lost $1, ending at $16, trading 62,025 units.
Trading in the US dollar market ended with 37,210 units valued at $48,801 traded, with JMMB Group 5.75% percent preference share completed trading of 9,880 to end at $2 and JMMB Group 6% percent preference share completed trading of 27,330 and lost 2 cents to end at $1.05. The JSE USD Equities Index closed unchanged at 165.33.