
C&W jumped 17.5% to close at 94 cents on Monday.
Market activity on the Jamaica Stock Exchange dived on Monday with the main market ended with 994,217 units valued at $13,640,909 changing hands compared to 4,292,363 units valued at $81,728,669 at the close on Friday.
Trading in the US dollar market accounted for 125,186 units valued at US$29,442, bringing the total of all trades to just J$17,409,489. At the close, the All Jamaica Composite Index declined 474.81 points to 255,922.08, the JSE Market Index declined 432.60 points to 233,174.01 and the JSE US dollar market index gained 8.79 points to end at 181.86.
At the close of trading, 22 securities changed hands in the main market with 1 trading in the US dollar market, leading to 10 stocks advancing and 11 declining.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 5 stocks with bids higher than their last selling prices and 2 with lower offers.
The main market ended trading with an average of 45,192 units valued at $620,041 for each security traded, compared to an average of 165,091 units valued at $3,143,410. The average volume and value for the month to date,
ended at 121,676 units with an average value of $2,563,889 compared with an average of 129,324 units with an average value of $2,758,273 on the previous trading day. The average volume and value for June ended at 218,951 units with an average value of $3,871,959.
In market activity, Berger Paints jumped $2.70 to close at $16, with 1,500 shares trading, Cable and Wireless closed at 94 cents, gaining 14 cents with 367,359 stock units switching owners, Caribbean Cement lost 10 cents to close at $24.50, trading 10,000 shares, Carreras closed at $89, losing 95 cents with 100 units changing hands while Grace Kennedy traded 94 cents higher to $41.99, with an exchange of 17,168 shares. Jamaica Broilers closed at $18, with a loss of 20 cents trading 41,365 shares, Jamaica Producers was down 25 cents to close at $14.50 with 2,100 shares changing hands. Jamaica Stock Exchange closed at $6.50, with trades of 14,455 shares, JMMB Group lost 6 cents, closing at $19.25 while exchanging 346,670 shares,
Kingston Properties traded 2,000 units, with gains of 5 cents to close at $8.85, Kingston Wharves closed at $30, with a loss of 40 cents with the exchange 1,998 units. Mayberry Investments lost 5 cents to close at $4.65 with 100 units switching owners, NCB Financial Group gained 50 cents to close at $72, after exchanging 818 shares, PanJam Investment traded $3.91 higher, closing at $33.91 with 4,271 shares, Proven Investments declined 38 cents to close at $24.63 with 112,186 shares exchanged, Pulse Investments traded 17,144 shares at $2.59, having gained 10 cents, Radio Jamaica closed at $1.50, gaining 7 cents with 1,150 shares changing hands. Sagicor Group traded 14,566 shares at $32, Sagicor Real Estate Fund closed at $13.50, with gains of 10 cents trading only 100 units. Scotia Group declined 59 cents to close at $41.50, with 28,297 shares trading, Seprod dived $3.48 in closing at $26.52 with a mere 570 shares switching owners. Proven Investments US ordinary shares closed at 23.9 US cents, gaining 0.02 US cents in trading 125,186 units and Proven 8.25% preference share closed 10 cents lower to $5 exchanging 10,300 units.