JSE majors gain on Thursday

The Jamaica Stock Exchange share dominated trading on Thursday with 11 million shares worth $211,431,551 followed by Jamaica Producers with 4 million units valued at $196,733,933. The market gained ground at the close, with 36 securities trading, as the prices of 15 stocks in the overall market rose, 10 declined, including 5 stocks rising and 4 declining, from the junior market.
Stocks traded, amount to 17,312,730 units valued at $418,558,926, in all market segments with the junior market accounting for to 1,048,182 shares valued at $1,996,575 of all trades.
The JSE Market Index gained 936.51 points to end at 159,849.42. The all Jamaica Composite Index jumped 1,047.38 points to close at 177,601.83 and the JSE combined index climbed 596.18 points, to end at 171,007.74.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 11 stocks with bids higher than their last selling prices and 2 with lower offers.
At the end of market activities, Barita Investments gained 3 cents to close with 78,048 shares changing hands at $3.08, Cable & Wireless, regained 5 cents with 459,576 units traded to close at $1.20, Caribbean Cement recovered the $2.90 it lost on Wednesday to close at $22 after trading 6,000 units. Carreras closed with a rise of $1.25 at $64.05 with 20,100 shares traded, Ciboney Group gained 4 cents to close at 20 cents with 343,692 shares trading, 1834 Investments gained 2 cents in trading 10,000 units at $1.02, Grace Kennedy lost 5 cents to close at $1265 with 25,208 units changing hands. Jamaica Broilers ended with 14,868 units changing hands to close at $14.50, JMMB Group traded 2,030 units to close at $9.80. National Commercial Bank ended with 19,842 units changing hands at $42, for a fall of 10 cents, Pan Jamaican Investment Trust closed with 7,195 shares trading at $26. Radio Jamaica had 7,200 shares trading at $1.65 after rising by 18 cents, Sagicor Group ended with 57,770 shares changing hands at $23, Sagicor Real Estate Fund traded 4,995 shares to close at $10.14. Supreme Ventures ended trading with 53,000 units at $4.50, and JMMB Group 7.5% preference share trade 12,886 units at $1.03 after falling 1 cent.