New listings dominate trading – Monday

VM Investments continues with high volume trades.

Newly listed, Victoria Mutual Investments and Wisynco Group, continue to dominate trading with the highest volume, accounting for 5.1 million of the 7.4 million units trading on Monday.
Market activity ended with 7,415,575 units valued at $202,124,322 trading from 28 securities changing hands, compared to 8,660,030 units.
At the close of trading on Monday the JSE All Jamaican Composite Index shed 1,847.64 points to 314,455.19 and the JSE Index fell 1,683.41 points to 286,504.23.
In the main market activity, Barita Investments concluded trading with a rise of 64 cents to $8.59, with just 100 units trading, Berger Paints finished with a loss of 20 cents at $17.80, with 10,610 shares, Cable & Wireless settled with a loss of 8 cents at $1.31, with 93,684 shares, Caribbean Cement ended trading $1.62 higher at $33.62, with 1,735 stock units. Carreras traded 3 cents higher at $11.43, with 67,864 units, Grace Kennedy closed with a loss of 45 cents at $43, with 17,243 shares, Jamaica Broilers ended at $18, with 22,947 stock units, Jamaica Producers concluded trading at $16.50, with 2,808 units. Jamaica Stock Exchange finished at $7, with 13,387 shares, JMMB Group settled with a loss of 65 cents at $24.35, with 54,386 shares, Kingston Wharves traded with a loss of 99 cents at $33, with 5,278 units, Mayberry Investments finished trading 69 cents higher at $6.79, with 36,270 shares. NCB Financial Group closed 10 cents higher at $99, with 1,500,810 shares, 1834 Investments ended 13 cents higher at $1.41, with 900 stock units, PanJam Investment concluded trading with a loss of $2 at $40, with 190,150 units, Pulse Investments settled with a loss of 9 cents at $2.10, with 56,090 shares, Radio Jamaica ended trading 5 cents higher at $1.10, with 100 stock units. Sagicor Group traded with a loss of 10 cents at $34.65, with 29,983 units, Sagicor Real Estate finished trading with a loss of 50 cents at $14.50, with 2,012 shares, Salada Foods closed at $11, with 34,000 shares, Scotia Group gained $1 to end at $53, with 12,970 stock units. Seprod concluded trading with a loss of $1 at $30, with 10,900 units, Supreme Ventures settled at $12, with 125,715 shares, VM Investments ended trading with a loss of 7 cents at $4, with 2,401,456 stock units and Wisynco Group traded with a loss of 41 cents at $10.39, with 2,722,139 units as investors continue to pocket gains from the IPO price.
In the main market preference segment, Jamaica Money Market Brokers 7.25% traded 100 units at $2.49, Jamaica Money Market Brokers 7.5% traded 1,838 units and rose 20 cents to close at $2 and JMMB Group 7.5% traded 100 units to close at $1.16.

Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE major indices drop sharply – Monday.”

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