JSE stocks make gains – Tuesday

The market indices of the main market of the Jamaica Stock Exchange rose at the end of trading on Tuesday with JSE All Jamaican Composite Index climbing 1,689.91 points to 425,346.65 and the JSE Index advancing 1,535.64 points to 387,517.20.
At the close of market, the main and US markets traded 40 securities, compared to 39 trading on Monday as 11 advanced, 14 declined and 15 traded without changes in prices.
Main market activity ended with 13,672,324 units valued at $88,199,433 trading, compared to 36,767,031 units valued at $321,823,355 changing hands, on Monday.
JMMB Group 7.5% preference share led trading with 8.38 million shares for 61 percent of the day’s volume, JMMB Group 7.25% preference share ended with 1.9 million units, for 14 percent of the total main market volume changing hands and Mayberry Jamaican Equities ended with 1.42 million units, for just 10 percent of the day’s volume.
Market activity ended with an average of 402,127 units valued at $2,594,101, in contrast to 1,081,383 units valued at $9,465,393 shares on Monday. The average volume and value for the month to date, amounts to 432,940 shares at $5,776,063 shares, in contrast to 437,535 shares at $6,330,866 on the prior trading day. Trading for February resulted in an average of 281,016 shares with a value of $11,715,160, for each security traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 5 stocks ending with bids higher than their last selling prices and 1 closing with a lower offer.
In main market activity, Caribbean Cement closed with a gain of $1.40 to finish at $53.40, with 23,970 shares changing hands, Jamaica Broilers lost 30 cents and finished trading 8,681 units at $32. Jamaica Producers shed 65 cents and closed at $22.50, with 35,000 shares changing hands, Kingston Wharves rose $1 to settle at $76, with an exchange of 6,247 units, Mayberry Investments lost 50 cents and ended trading of 135,556 shares, to close at $9, Sagicor Group fell 50 cents in trading 25,221 shares, to close at $39.50. Salada Foods dropped $3.70 in trading 14,000 units to close at $29, Scotia Group gained $1.09 and finished trading 7,720 shares at $51.90, Seprod slipped 35 cents to close at $43.55, with 42,959 shares trading and Wisynco Group  gained 30 cents and ended trading 511,306 shares at $12.
Trading in the US dollar market resulted in 77,607 units valued at US$30,017 changing hands. JMMB Group 5.75% preference share ended trading of 6,000 stock units at $2, JMMB Group  6% preference share traded 7,150 units at US$1.04,  Margaritaville lost 3 us cents and ended trading 10,347 shares at 21 US cents. Productivity Business traded 100 stock units at 58 US cents, Proven Investments closed trading with 20,310 units changing hands after rising by 0.5 cents to close at 22 US cents and Sygnus Credit Investments Jamaican ordinary share traded 33,700 but lost 0.1 cent to close at 10 US cents. The JSE USD Equities Index rose 0.78 points to close at 175.66.

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