Most JSE stocks rise indices dip Friday

The main market of the Jamaica Stock Exchange, took a break from record making runs with the All Jamaica Index closed a fall of 2,842.30 points to 430,464.92 and the JSE Index declined by 2,589.66 points to close at 392,202.23.
Market activity resulted in 3 securities trading at record highs but ended with 2 securities closing at record highs and one closing at 52 weeks’ low, as 31 securities in the main and US dollar markets changed hands, compared to a 35 on Thursday. At the end, prices of 16 stocks rose, 7 declined and 8 remained unchanged.
The main market ended with 12,946,386 units valued at $522,988,358 changing hands, compared with 9,092,070 units valued at $158,769,688 exchanged, on Thursday.
The main market ended with Jamaica Broilers leading with 8,048,990 units, accounting for 62 percent of the day’s trades, followed by Wisynco Group with 1,699,655 units or 13 percent of the day’s volume and NCB Financial with 1,409,918 units with 10 percent of the day’s trades.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator reading shows 8 stocks ending with bids higher than the last selling prices and 3 closing with lower offers.
Trading resulted in an average of 446,427 units valued at over $18,034,081, in contrast to 284,127 shares valued at $4,961,553 on Thursday. The average volume and value for the month to date, amounts to 405,528 valued at $7,755,942, compared to 403,611 valued at $7,228,391 previously. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In main market activity, Barita Investments rose $3.99 to a record close of $28, trading 2,000 shares, Grace Kennedy climbed $3 in trading of 36,609 shares at $58, Jamaica Broilers gained 55 cents, trading 8,048,990 stock units at $30.55, Jamaica Producers rose 41 cents and finished trading 27,898 units, at $24.51,  JMMB Group jumped $2.49 to end at $35, trading 96,088 shares, Mayberry Jamaica Equities jumped 98 cents trading 42,500 shares in closing at $10, NCB Financial Group lost 95 cents to end trading at $159.05 with 1,409,918 shares, PanJam Investment jumped $2.50 to a record $74, with an exchange of 113,647 stock units, Portland JSX lost 79 cents and ended at 52 weeks’ low of $7.01, exchanging 7,642 units, Sagicor Real Estate Fund gained 30 cents to settle at $11.80, exchanging 26,427 shares, Scotia Group traded 71,726 shares and shed $3 to close at $55, Seprod dropped $2.50  trading of 234,387 shares, to close at $30, Sterling Investments rose 30 cents and closed at $5, with 21,174 shares changing hands, Supreme Ventures fell $1.39 to end at $16.95, with an exchange of 60,986 shares and Sygnus Credit Investments gained 44 cents in trading 67,625 units.
Trading in the US dollar market amounted to 44,122 units valued at $8,705 as Proven Investments rose 2 cents and ended trading of 38,222 shares at 22 US cents and Sygnus Credit Investments US dollar based ordinary share traded 5,900 units at 11 US cents. The JSE USD Equities Index closed with a rise of 1.47 to close at 167.68.

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