Main market activity surged sharply Wednesday on the Jamaica Stock Exchange, with 29 securities changing hands and 71,072,740 units valued at $6,270,318,116 trading.
NCB Financial Group accounting for 86.99 percent of the volume traded with 61,822,679 units changing hands and Caribbean Cement posted the highest gain jumping $6.44 to end at a 52 weeks closing high of $40, with 138,259 shares and Cable & Wireless resumed trading after the suspension requested by the company.
The market closed with 9 securities rising, 11 falling and 9 trading firm. At the end, the JSE All Jamaican Composite Index increased by 897.85 points to 322,561.10 and the JSE Index advanced by 818.04 points to 293,889.63.
In main market activity, Barita Investments closed with a loss of 50 cents at $9, trading 2,900 shares, Berger Paints ended unchanged at $17.95, with 5,500 stock units, Cable & Wireless resumed trading and closed unchanged at $1.10, with 21,246 units, Carreras finished with a loss of 10 cents at $10.35, with 146,032 shares, Caribbean Cement jumped $6.44 and closed at $40, with 138,259 shares. Ciboney Group ended trading 3 cents higher at 16 cents, with 157,728 shares, Grace Kennedy traded with a loss of $1 at $50, with 56,000 stock units, Jamaica Broilers finished trading 1 cent higher at $20, with 2,036,473 units, Jamaica Producers closed with a rise of 5 cents to $15, with 19,430 shares. Jamaica Stock Exchange ended at $6.99, with 6,319 shares, JMMB Group concluded trading with a loss of $1 at $25, exchanging 549,955 shares, Kingston Properties finished at $6.25, with 3,560 stock units, Kingston Wharves settled 93 cents higher at $40, with 17,986 units. Mayberry Investments ended trading at $6, with 2,010,259 shares changing hands, NCB Financial Group traded at $99, with 61,822,679 shares, 1834 Investments finished trading with a loss of 11 cents at $1.06, with 273,200 shares, 138 Student Living ended with a loss of 5 cents at $5.45, with 250 shares, PanJam Investment ended with a loss of $1 at $42, with 10,440 units. Portland JSX concluded trading with a loss of 25 cents at $9.70, with 2,500 shares, Radio Jamaica settled with a loss of 5 cents at $1, with 561,044 shares, Sagicor Group ended trading 65 cents higher at $36.25, with 721,650 stock units, Sagicor Real Estate Fund ended trading 1 cent higher at $15.31, with 66,800 shares, Salada Foods traded at $10.72, with 20,000 units. Scotia Group finished trading $2 higher at $54, with 36,417 shares, Supreme Ventures concluded trading 32 cents higher at $11.82, with 19,592 stock units, Victoria Mutual Investments finished at $4.50, with 1,558,306 units and Wisynco Group settled with a loss of 15 cents at $10.50, with 744,017 shares trading. In the main market preference segment, Jamaica Money Market 7.5% traded $1.90 higher at $1.90, with 54,198 stock units and Productivity Business settled at $105, with 10,000 units changing hands.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE main market moves higher – Wednesday.”
NCB dominates the JSE main market
March 21, 2018 by IC Insider.com
Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Money Market Brokers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB, JMMB Group, Kingston Properties, Kingston Wharves, Mayberry Investments, NCB Financial Group, PANJAM Investment, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Salada Foods, Scotia Group, Seprod, Supreme Ventures, Trading Activity, Victoria Mutual Investments, Wisynco
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