Scotiabank pumped up the JSE on Friday.
Trading ended on Friday with 25 securities changing hands with 2 trading in the US dollar market on day when Scotia Group jumped $5.49 to be the main pusher in the market indices. In the main market, 7 stocks advanced and 14 declined in the main market, while two stock rose in the US dollar market. Trading levels in main market ended at 42,703,583 units valued at $422,229,138 compared to 6,321,606 units valued at $60,670,887 at the close on Thursday. Trading in the US dollar market accounted for 871,891 units valued at US$291,484.
The All Jamaica Composite Index jumped sharply by 3,676.85 points to close at 256,245.23, just over 1,000 points shy of the all-time record close of 257,395.71 reached on February 10. The JSE Market
Index advanced 3,287.75 points to finish at 233,503.31 and the JSE US dollar market index gained 18.12 points to close at 238.66.In market activity, Berger Paints gained 50 cents, closing at $11.50 with trades of 9,008 units, Cable and Wireless lost 10 cents to close at $1.35 with 1,513,758 shares changing hands, Caribbean Cement closed lower by $1.90 to $36.10 trading 17,650 shares. Carreras closed at $66.50 with an exchange of 1,740 units, Grace Kennedy slid 16 cents to close at $41.51 trading 100,176 units, Jamaica Broilers closed at $14.54, losing $1.46 trading 70,774 shares, Jamaica Producers lost 70 cents trading 192,548 units at $16.80,. JMMB Group closed 98 cents lower to $19.51 with an exchange of 98,812 units, Kingston Wharves gained 50 cents to close at $32 trading 15,322 shares, Mayberry Investments jumped $1.39 cents to a 52 weeks’ high of $6.39 with trades of 182,245 units. The stock has not seen this price level since June 15, 2005, when it traded at $6.45, after it was listed in April and reached a high of $8.20 on April 26, 2005. National Commercial Bank fell 50 cents to $62.50, after swapping 63,512 units, Pan Jamaican closed at $35.20, losing 80 cents with an exchange of 22,498 shares, Radio Jamaica gained 5 cents to close at $1.65 trading 120,820 units, Sagicor Group closed at $36.26, losing 24 cents with trades of 2,938,603 units.
Sagicor Real Estate Fund closed 22 cents higher at $10.47 with 2,100 units changing hands, Scotia Group closed at $44, with gains of $5.49 trading 456,247 shares, Scotia Investments traded 1,600 shares at $39.50, Seprod lost 49 cents to close at $40.51 with trades of 16,229 shares. Sterling Investments traded at a 52 weeks’ high of $17.50 with gains of $1.30 and an exchange of 1,000 units, Supreme Ventures closed at $5.70, losing 30 cents with 405,888 shares being exchanged, Proven Investments gained 2 US cents to close at 32 US cents trading 859,891 ordinary shares. JMMB 7.5% preference share closed at $1.75 with gains of 4 cents and 3,296 units changing hands, JMMB Group 7.5% preference share gained 2 cents trading 114,502 units at $1.07 and JMMB Group US$ 6% preference share closed at US$1.10 with trades of 12,000 units.
