More JSE records shattered – Friday

More records were shattered on another record breaking day, on the Jamaica Stock Exchange main market on Friday, with both main market indices ending at new highs, for five consecutive days.
Trading ended with the fifth with a new record close for the year at 447,751.69 on the JSE All Jamaican Composite Index after climbing 2,819.84 points and the JSE Index advanced to a record of close of 407,877.42 with 2,562.47 points gain.
The main and US markets had 34 securities traded, compared to 33 on Thursday leading to 16 advancing, 10 declining and 8 closing unchanged. At the end of trading, Jamaica Stock Exchange jumped to a record high of $20.02, PanJam Investment ended at a new closing high of $90 and Wisynco Group ended at a new record close of $14.40.
Market activity on the main market ended with 3,479,279 units valued $204,145,954, changing hands, compared to 2,986,488 units valued $110,422,118 trading on Thursday.
NCB Financial led trading with 1.03 million shares accounting for 30 percent of total main market volume, followed by Victoria Mutual Investments with 674,362 shares, and 19 percent of the day’s trades and Scotia Group closed with 514,622 shares for 15 percent of volume traded.
Market activity ended with an average of 119,975 units valued at an average of $7,039,516 for each security traded. In contrast to 102,982 units for an average of $3,807,659 on Thursday. The average volume and value for the month to date amounts to 121,185 units valued at $5,621,806 and previously, 121,824 units valued at $4,874,287. Trading for April resulted in an average of 157,923 shares at $3,718,919, for each security traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 7 stocks ending with bids higher than their last selling prices and 2 closing with lower offers.
In main market activity, Barita Investments jumped $2.99 to close at $43, with an exchange of 7,698 shares, Berger Paints fell $1 to end at $20, with an exchange of 7,770 stock units, Caribbean Cement lost $4 to finish at $80, with 30,433 shares changing hands, Grace Kennedy traded 17,149 stock units and rose $1 to $61. JMMB Group gained 60 cents trading 184,023 shares in closing at $34, Mayberry Investments rose $1.25 to end trading of a mere 210 shares at $9.25, NCB Financial Group rose $2.15 in trading 1,033,816 shares to close at $147, Sagicor Group added $1 to end trading 59,341 stock units at $46.50, with. Scotia Group gained $2.50 in trading 514,622 shares to close at $53, Seprod rose $2.50 in trading 15,959 shares to close $46, Supreme Ventures fell 50 cents and finished at $26.50, with 20,995 units changing hands and Sygnus Credit Investments rose 87 cents with 17,243 units trading, to end at $12.50.
Trading in the US dollar market ended with 50,570 units valued at $12,735. JMMB Group 5.5% preference share traded 3,000 shares at US$2, JMMB Group finished rose by 5 cents to ended at US$2.10 trading 1,556 shares, Proven Investments traded 850 shares and gained 1 cent, to close at 24 US cents and Sygnus Credit Investments traded 25,760 units to end at 10 US cents. The JSE USD Equities Index gained 1.10 points to close at 180.09.