Barita Investments jumped 84% in a week.
Barita Investments jumped another $14 on Friday on top of the $12 it climbed on Thursday to closed a new record high of $83 as it contributed to the record close for the Jamaica Stock Exchange at main market.
Barita gained a stunning 84 percent since Thursday last week, after the company announced they were the consideration of another rights issue and reported blockbuster profits.
Trading ended with the JSE All Jamaican Composite Index surged 7,505.41 points to record close at 537,923.28 and the JSE Index 6,820.45 points to record close at 489,820.03. The JSE Financial Index added 2.78 points in closing at 132.31 points.
Market activity resulted in 37 securities trading in the main and US dollar markets and leading to 18 securities advancing, 16 declining and 3 trading firm, this compares to 36 securities on Thursday. Trading ended with 21,073,881 units valued $137,343,684 compared to 40,555,987 units valued at $630,491,986 changing hands.
Wigton Windfarm led trading with 14.5 million shares for 69 percent of total main market volume, followed by JMMB Group 7.25% preference share with 2.3 million stock units for 11 percent of total volume and Supreme Ventures with 1.65 million shares for 8 percent of the day’s volume.
The market closed with average of 619,820 units valued at $4,039,520 for each security traded, in contrast to 1,228,969 units valued at $19,105,818 on Thursday. The average volume and value for the month to date amounts to 1,203,120 shares valued at $10,102,136 changing hands, compared 1,262,144 shares valued at $10,775,760 for each securities traded. June closed with an average of 1,608,485 units valued at $19,605,318 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 9 stocks ended with bids higher than their last selling prices and 4 with lower offers.
In the main market activity, Barita Investments surged $14 to end at a 52 weeks’ high of $83, with 11,864 stock units trading, Berger Paints lost 35 cents in the trading of 17,260 shares to close at $18, Caribbean Cement shed $1 to end trading of 5,270 shares at $78. Grace Kennedy dropped $3.97 trading 4,408 units, to end at $70, Jamaica Producers rose 50 cents in trading 126,136 shares to close at $27.50, JMMB Group declined $1 to end at a record close of $53, with 76,921 shares trading, Kingston Wharves lost $1 to end trading of 1,545 shares at $70. Mayberry Jamaican Equities rose 30 cents to close at $11.50 with 102,391 shares changing hands, NCB Financial dropped $4.73 trading 85,663 units to end at $200.27, 
PanJam Investment gained 50 cents and ended trading with 9,100 stock units at $99, Sagicor Group rose 26 cents trading 341,009 stock units to end at $54.50. Sagicor Real Fund climbed 98 cents to end trading with 17,391 units at $11, Salada Foods rose 50 to end at $33.50 in trading 10,000 shares, Scotia Group exchanged 107,923 shares but fell 50 cents to close at $57. Seprod lost 95 cents and settled at $47 in exchanging 20,450 shares and Supreme Ventures lost $2 and ended trading with 1,645,858 shares to close at $26.
Trading in the US securities market resulted in 95,243 units valued at US$47,506 changing hands. Market activity ended with JMMB Group 6% preference share with 41,992 units trading to end with a loss of 2 cents at US$1, Proven Investments added 0.69 cent trading 151 shares to close at 25.70 US cents and Sygnus Credit Investments with a rise of 0.02 cent to 10.5 US cents, in trading 53,100 units. The JSE USD Equities Index inched 2.47 points higher to 189.96.
