RJR traded more than 37 m shares on Thursday.
Trading in the main market of the Jamaica Stock Exchange closed on Thursday with a jump in the volume traded. Radio Jamaica with 37 million units and Sagicor Group with 1 million units were the only securities to contribute meaningful volumes. The weak demand elsewhere resulted in the market indices falling sharply.
At the close, the All Jamaica Composite Index declined 1,802.76 points to close at 257,637.51, the JSE Market Index fell 1,642.52 points to 234,736.94 and the JSE US dollar market index lost 0.77 points to close at 187.33.
At the close of trading, 27 securities changed hands with 1 trading in the US dollar market, leading to 11 stocks advancing and 11 declining. Trading in the main market ended with 39,788,577 units valued at $130,153,064 changing hands compared to 2,290,612 units valued at $72,785,626 at the close on Wednesday. Trading in the US dollar market accounted for 226,255 units valued at US$54,301.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 4 stocks with bids higher than their last selling prices and 2 with lower offers.
The main market ended trading with an average of 1,473,651 units valued at $4,820,484 for each security traded compared to an average of 88,100 units valued at $2,799,447 on Monday. The average volume and value for the month to date ended at 97,758 units with an average value of $2,120,059 compared with an average of 194,786 units with an average value of $4,462,018 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Berger Paints lost $1 and closed at $15, with an exchange of 78,383 shares, Cable and Wireless lost 5 cents to close at $1.10, with 7,673 stock units changing owners, Caribbean Cement fell $1.50 to $26 trading 58,492 shares, Carreras traded $4.70 lower to close at $82 exchanging 1,952 units, Grace Kennedy closed at $42, gaining 70 cents with 4,500 units changing hands, Jamaica Broilers closed at $17.50, with a loss of 40 cents trading 8,297 shares, Jamaica Producers traded $1 lower to $15, with 7,272 units exchanged. Jamaica Stock Exchange added 5 cents, closing at $7 trading 2,137 shares, JMMB Group closed at $20, with 24,728 units changing ownership, Kingston Properties lost 25 cents, closing at $10 with trades of 9,443 units, Kingston Wharves dropped $4.48 to close at $25.02, with an exchange of 2,323 shares. 
Mayberry Investments closed at $5.19, with a loss of 1 cent trading just 100 shares, NCB Financial Group closed at $71, losing 50 cents after exchanging 12,063 shares, 1834 Investments closed at $1.52, gaining 2 cents with 146,021 units changing hands, 138 Student Living traded 52,600 units at $4.50, Palace Amusement closed at $390 exchanging 197 units, PanJam Investment gained 50 cents to close at $34.50, with trades of 19,773 shares. Proven Investments traded 10,395 shares at $19.51, well below the approximate $30 the same share traded at in the US dollar market. Pulse Investments added 50 cents to close at $18, with an exchange of 7,500 shares, Radio Jamaica gained 5 cents, closing at $1.65 with 37,357,068 shares trading, Sagicor Group closed at $34.51, gaining 1 cent trading 1,800,807 shares, Sagicor Real Estate Fund gained 35 cents to close at $11.50, with trades of 13,246 shares. Scotia Group closed at $44, with gains of $1.47 exchanging 250 shares while Supreme Ventures added 34 cents, closing at a 52 weeks’ high of $7.79, with 10,230 shares changing owners. Proven Investments exchanged 226,255 ordinary shares at 24 US cents, Proven 8.25% preference share lost 20 cents, closing at $5.20, with 136,900 units traded and Jamaica Money Market Brokers 7.5% preference share gained 10 cents to close at $2, with 8,966 units changing hands.
