JSE trading doubled on Thursday

Trading on the Jamaica Stock Exchange picked up on Thursday, with almost twice the volumes that traded on Wednesday and resulted in minor increases to the market indices.  
At the close of trading, the All Jamaican Composite Index inched 83.14 points higher to 412,553.61 and the JSE Index eked out a modest rise of 75.75 points to close at 375,882.99.
Main market trading ended with, 3,487,141 units valued at $63,034,296 compared 1,683,322 units valued at $37,751,520 changing hands on Wednesday.
The main and US dollar markets, had 32 securities changing hands, with prices of 11 rising, 10 declining with 11 remaining unchanged, compared to 31 securities trading on Thursday.
1834 Investments led trading with 971,378 units and 28 percent of the day’s volume, followed by Sagicor Real Estate Fund with 396,384 units or 11.34 percent of the volume changing hands and Seprod with 382,512 units accounting for 11 percent of the day’s volume.
An average of 120,246 units valued at $2,173,596, in contrast to 60,119 shares valued at $1,348,269 on Wednesday. The average volume and value for the month to date amounts to 50,226 units valued at $1,233,495 compared to 39,918 units valued at $1,071,215, previously. Trading for December ended, with an average of 835,037 units with a value of $25,906,477, for each security traded.
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In main market activity, Barita Investments gained $1.50 and closed at $51.50, with 33,267 shares traded, Grace Kennedy shed $3 trading 178,439 stock units at $60, Jamaica Broilers gained $1 and finished trading at $29, with 361,940 units, Jamaica Producers rose 95 cents to close at $21, with 200,097 shares changing hands. Kingston Wharves rose $2.45 to settle at $77.45, with 2,600 units changing hands, NCB Financial Group gained 90 cents in trading just 2,600 shares at $149.90.  PanJam Investment  declined by $1.50 to end at $70.50, trading 15,048 units, Sagicor Group gained 99 cents trading 51,887 units to close at $39.99, Sagicor Real Estate Fund shed the 66 cents it picked up on Wednesday, while trading 395,384 shares, to close at $11.  Scotia Group  traded 30,100 shares after declining $1.99 to close at $52.01 and Sygnus Credit Investments rose by 50 cents to close at $11.50 in trading 98,314 shares.
Trading in the US dollar market resulted in 59,299 units valued at $32,695. JMMB Group 6% preference shares traded 26,511 units after rising 1 cents to close at $1.05, followed by Proven Investments that rose 0.1 cent in trading 14,788 units at 21.90 US cents and Sygnus Credit Investments traded 18,000 units at 9 US cents. The JSE USD Equities Index was unchanged at the close at 166.86.

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