
Proven Investment ended at a new closing high of $24.61 on the JSE main market.
The main market of the Jamaica Stock Exchange climbed sharply at the close on Wednesday as more stocks rose than fall, helping to drive the indices up by more than 2,300 points.
At the close, the All Jamaica Composite Index jumped 2,558.93 points to 258,475.28, just 1,000 points lower than the close on Thursday last week, before it dropped on Friday by 5,207.13 points.
At the end of trading, the JSE Market Index surged 2,331.48 points to 235,500.26 and the JSE US dollar market index closed unchanged at 172.17. Twenty five (25) securities changed hands in the main market, with 2 trading in the US dollar market, leading to 11 stocks advancing and 6 declining. The main market ended with 2,769,523 units valued at $67,527,250 changing hands compared to 4,342,047 units valued at $87,253,212 at the close on Tuesday. Trading in the US dollar market accounted for 219,087 units valued at US$86,787 and brought the total trading to $78,662,040.
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 3 stocks with bids higher than their last selling prices and 1 with a lower offer.
The main market ended trading with an average of 115,397 units valued at $2,813,635 for each security traded compared to an average of 197,366 units valued at $3,966,055. The average volume and value for the month to date ended at 133,408 units with an average value of $2,893,588, compared with an average of 136,641 units with an average value of $2,905,009 on the previous trading day. The average volume and value for June ended at 218,951 units with an average value of $3,871,959.
In market activity, Cable and Wireless closed at $1, with 103,500 stock units trading, Caribbean Cement gained 50 cents, closing at $24.50 and exchanging 6,385 shares, Carreras closed at $90.05, while gaining 5 cents with2,300 shares changing hands, Grace Kennedy traded 20,094 shares at $41.40. Jamaica Broilers closed at $18.01 exchanging 4,830 shares, Jamaica Producers lost 10 cents, in closing at $14.90 with of 261 shares trading. Jamaica Stock Exchange closed at $6.60 trading 1,100 shares,
JMMB Group lost 42 cents to close at $19.58 with 57,560 units changing owners, Kingston Properties traded 85 cents higher, closing at $8.85 with an exchange of 2,500 shares, Kingston Wharves closed at $30, gaining 90 cents with 3,450 shares changing hands, Mayberry Investments gained 10 cents to close at $4.70 with 283,184 shares traded. NCB Financial Group closed at $71, with a loss of 40 cents after exchanging 16,458 shares, 138 Student Living traded 1,532 shares at $1.55, PanJam Investment exchanged 6,600 units at $34.50, Portland JSX traded $1 higher, closing at $11 with 94,343 shares changing hands, Proven Investments gained 10 cents to end at a 52 weeks’ closing high of $24.61 with 158,000 shares being exchanged, Radio Jamaica closed at $1.25, with gains of 5 cents and 4,880 shares switching owners. Sagicor Group traded $1 higher to close at $34, with trades of 1,128,016 units, Sagicor Real Estate fund closed at $12.40, after losing $1.40 with an exchange of 4,000 units, Scotia Group lost 10 cents to close at $43.90, with trades of 111,876 shares, Seprod was down $1,to close at $29, trading 428,110 shares while Supreme Ventures added 70 cents to close at $8, with an exchange of 268,867 shares. Proven Investments US ordinary shares closed at 22 US cents trading 175,987 units, JMMB Group US 6% preference share traded 43,100 units at US$1.12, JMMB 7.5% preference share closed at $2 exchanging 56,700 units and JMMB Group7.5% preference share gained 3 cents to close at $1.13 and 4,977 units changed hands.

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 3 stocks with bids higher than their last selling prices and 3 with lower offers.
Jamaica Broilers closed at $18.01, with gains of 41 cents exchanging 3,501,734 shares, Jamaica Producers gained 55 cents, closing at $15, trading 12,153 shares. Jamaica Stock Exchange closed at $6.60, gaining 20 cents and trading 28,156 shares, JMMB Group gained $1, closing at $20 with 10,600 units changing owners, Kingston Wharves gained of 10 cents and closed at $29.10, with 177,693 shares. NCB Financial Group traded $2.90 higher to close at $71.40, after exchanging 94,828 shares, 138 Student Living added 5 cents, closing at $4.55 with 2,100 shares traded, PanJam Investment gained 25 cents to close at $34.50, with an exchange of 13,265 units, Proven Investments traded 66,000 shares at $24.51, Pulse Investments lost 1 cent to close at $2.74, with 16,900 shares changing hands, Radio Jamaica exchanged 3,049 shares at $1.20. Sagicor Group traded $2.50 higher to close at $33, with 47,142 shares changing hands, Sagicor Real Estate Fund added $1.54, closing at 52 weeks’ high of $13.80 with 100 units exchanged, Scotia Group advanced $2 to close at $44 with trades of 54,394 shares while Supreme Ventures closed at $7.30, gaining 5 cents with an exchange of 9,880 shares. Proven Investments US ordinary shares closed at 22 US cents trading 62,895 units, JMMB Group 7.25% preference share closed at $1.55 exchanging 100 units and JMMB Group7.5% preference share exchanged 810 units at $1.10.
Trading in the main market of the Jamaica Stock Exchange closed on Friday with a big jump in the indices as the number of stocks rising climbed to 15 with just 7 declining out of a total of 26 securities trading in the US dollar and main markets. A number of stocks recorded big price movements by the close.
In market activity, Berger Paints jumped $2.97 to close at $17.97 trading 3,109 shares, Cable and Wireless closed at $1.16, with 37,558 stock units changing hands, Caribbean Cement climbed $2.50 higher to close at $28 in the exchange of 24,200 shares, Carreras advanced $2.40 to close at $89, with 5,200 units trading, Grace Kennedy closed at $41, losing 50 cents with an exchange of 33,303 units, Jamaica Producers gained 5 cents to close at $16, with 14,263 units crossing the exchange platform. Jamaica Stock Exchange closed at $7 and gained 10 cents trading 319,683 shares, JMMB Group closed at $19.97, after surging $1.47 while exchanging 274,716 units, Kingston Properties traded 182 units at $9.95, Kingston Wharves gained 95 cents to close at $29.85, trading of 101,472 shares, Mayberry Investments closed at $5.10, with a rise of 55 cents, exchanging 53,120 shares. NCB Financial Group closed at $70, with a loss of $1 after exchanging 45,412 shares, 138 Student Living closed at $4.50 trading 19,823 shares, PanJam Investment closed at $34.89, with trades of 17,800 shares. Pulse Investments lost 49 cents to close at $17.50 exchanging 69,754 shares, Radio Jamaica gained 10 cents to close at $1.60, with 7,769 units changing hands,
Sagicor Group closed at $33.09, with a loss of 1 cent exchanging 49,302 shares, Sagicor Real Estate Fund traded $1 higher to close at $12, with 29,966 shares changing owners, Scotia Group closed at $43, gaining 49 cents trading 61,260 shares, Scotia Investments closed at $38, with gains of $1.42 exchanging 30,000 units. Seprod added 7 cents to close at $28.07, with trades of 1,149 shares while Supreme Ventures closed at $7.45, with a rise of 15 cents with 70,200 shares changing hands. Proven Investments US ordinary shares closed at 24 US cents, with an exchange of 20,364 units, after rising by a fraction of a cent, Margaritaville Turks US ordinary shares lost 0.02 US cents to close at 32 US cents, trading 73,174 units, JMMB Group US 6% preference share traded 0.03 US cents lower, closing at US$1.10 with 24,182 units exchanged and Proven 8.25% preference share lost 2 cents to close at $5.15, with 262,706 units traded.
Trading in the main market of the Jamaica Stock Exchange closed on Monday with a number of stocks declining out pacing those rising. The volume and value of stocks trading declined compared to that on Friday and the market indices trended lower.
The main market ended trading with an average of 74,329 units valued at a mere $1,781,396 for every security traded compared to an average of 77,182 units valued at a mere $5,040,005 on Monday. The average volume and value for the month to date ended at 252,609 units with an average value of $4,365,119 compared with an average of 263,096 units with an average value of $4,517,103 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
Kingston Properties closed at $9.95 losing 5 cents exchanging 2,000 shares, Kingston Wharves jumped $4 higher to close at $30 trading 3,402 shares. Mayberry Investments closed at $5, losing 19 cents with 2,000 shares traded, NCB Financial Group closed at $70, with a loss of $1.50 after exchanging 34,098 shares and falling to $68 in early morning trading. 1834 Investments closed at $1.45, losing 5 cents with 33,000 units changing hands, 138 Student Living exchanged 10,600 units at $4.50, PanJam Investment gained 10 cents to close at $34.10, with trades of 6,287 shares. Proven Investments traded $2 higher to close at record high of J$21, in exchanging 48,000 shares in the main market, Pulse Investments closed at $18, with an exchange of 4,048 shares, Radio Jamaica traded 185,000 shares at $1.50, Sagicor Group closed at $34.10, losing 9 cents trading 93,100 shares. Scotia Group dropped $2.19 to close at $42.51, exchanging 336,471 shares while Supreme Ventures closed at $7.41, losing 9 cents with 6,058 shares changing owners. Proven Investments US ordinary shares closed at 24 US cents, with trades of 203,960 units, JMMB Group 7.5% preference share closed at $1.13, gaining 1 cent with an exchange of 4,471 units and Jamaica Producers traded 425,000 units of corporate bond at $100 each.
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.
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.
The main market ended trading with an average of 88,100 units valued at a mere $2,799,447 for every security traded compared to an average of 140,556 units valued at $8,877,187 on Tuesday. The average volume and value for the month to date ended at 194,786 units with an average value of $4,462,018 compared with an average of 202,407 units with an average value of $4,580,773 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
NCB Financial Group closed at $71.50, losing 50 cents after exchanging 167,790 shares, 1834 Investments closed at $1.50, with 35,444 units changing hands, 138 Student Living gained 2 cents to close at $4.50, with 10,000 units, Palace Amusement jumped $50 and closed at a new all-time high of $390, trading 200 units, PanJam Investment exchanged 58,141 shares to gain 1 cent and end at $34. Pulse Investments traded 50 cents higher to close at $17.50, with an exchange of 4,756 shares, Radio Jamaica exchanged 85,169 shares at $1.60,Sagicor Group closed at $34.50, gaining 30 cents, trading 717,539 shares. Scotia Group closed at $42.53, after losing $1.02 in exchanging 510,077 shares, Scotia Investments closed at $37 with 22,356 units changing hands while Supreme Ventures gained 45 cents and closed at $7.45, with 111,000 shares trading. Proven Investments closed at 24 US cents, with a loss of 0.02 US cents, trading 183,292 ordinary shares, Margaritaville Turks lost 0.01 US cent to close at 34 US cents exchanging 13,900 units, JMMB 7.5% preference share lost 10 cents to close at $1.90, with 7,850 units changing hands and Proven 8.25% preference share gained 20 cents, closing at $5.40, with 5,200 units traded.
Trading in the main market of the Jamaica Stock Exchange was hit hard with declining stock ending 2 to 1 over advancing ones leading to big fall in the main market indices. At the close on Thursday the All Jamaica Composite Index dropped 2,155.19 points to close at 256,762.81, the JSE Market Index tumbled 1,963.63 points to 233,940.00 and the JSE US dollar market index lost 5.48 points to 187.70.
In market activity, Barita Investments closed at $6, losing $1 trading 2,800 shares, Berger Paints traded 69 cents lower to close at $17.31 in exchanging 19,999 shares, Cable and Wireless closed at $1.20, with 126,884 stock units changing, Caribbean Cement closed at $26.50, after losing 10 cents trading 2,940 shares, Carreras advanced $4.90 to close at $86.90, with an exchange of 31,475 units, Grace Kennedy closed at $40.77, losing 23 cents with 196,826 units changing hands, Jamaica Broilers gained 5 cents exchanging 74,526 shares to close at $18, Jamaica Producers closed at $14.50, with gains of 10 cents trading 66,154 units. Jamaica Stock Exchange closed at $7, with an exchange of 31,000 shares, JMMB Group closed at $19.20, losing 30 cents trading 54,696 units, Kingston Properties traded $1.26 lower to close at $10 exchanging 10,000 shares, Kingston Wharves closed at $28.54 with 300 shares changing ownership, NCB Financial Group gained $1.95 and closed at $72, after exchanging 2,964,070 shares, 1834 Investments exchanged 10,473 units at $1.35, 138 Student Living closed at $4.48, with trades of 1,110 units. PanJam Investment lost 50 cents, closing at $33.50 trading 13,090 shares,
Pulse Investments closed at $17, losing 40 cents with an exchange of just 607 shares, Radio Jamaica closed at $1.65, with a loss of 1 cent in exchanging 7,102,241 shares, Sagicor Group closed at $34.10, losing 10 cents trading 268,796 shares, Sagicor Real Estate Fund traded 5 cents higher to close at $11.20 with 4,260 shares exchanged. Scotia Group closed at $43, with gains of 30 cents trading 313,510 shares, Scotia Investments lost 50 cents to close at $36.50, with 23,129 units changing hands, Seprod closed at $29.50, gaining 50 cents, with trades of 3,315 shares while Supreme Ventures closed at $7.26, with a loss of 9 cents and 255,820 shares changing hands. Proven Investments rose marginally in exchanging 15,300 ordinary shares at 24.01 US cents, JMMB Group USD 6% preference share closed at US$1.12 with trades of 32,500 units, JMMB 7.5% preference share lost 5 cents to close at $1.90, with an exchange of 60,000 units, JPS 9.5% preference share closed $23 lower, closing at $1,302 with 982 units and JMMB Group 7.5% preference share closed at $1.12, losing 3 cents with trades of 1,000,000 units.
Trading in the main market of the Jamaica Stock Exchange closed on Tuesday with advancing stocks just edging out declining ones and leading the market indices to a mild increase. At the close trading volume and values rose sharply compared to the prior day.
The main market ended trading with an average of 515,355 units valued at $4,750,726 for every security traded compared to an average of 197,932 units valued at $1,992,185 on Monday. The average volume and value for the month to date ended at 187,966 units with an average value of $4,045,663 compared with an average of 147,042 units with an average value of $3,957,530 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
PanJam Investment closed at $34, after adding $1 in trading 28,130 shares, Pulse Investments gained 90 cents, closing at $17 trading 14,585 shares, Radio Jamaica closed at $1.65, losing 1 cent and exchanging 413,162 shares, Sagicor Group closed at $34.21, with a loss of 4 cents trading 46,714 shares, Sagicor Real Estate Fund traded 30 cents higher to close at $11 with 10,821 shares exchanged. Salada Foods lost $1, closing at $10 with 500 units changing hands, Scotia Group closed at $43.85, with gains of $1.25 exchanging 559,823 shares, Scotia Investments gained 50 cents to close at $37, trading 12,970 units, Seprod closed at $29.49, losing 1 cent and trading 4,257 shares while Supreme Ventures closed at $7.50, with 120,059 shares changing hands. Proven Investments lost 0.02 US cents exchanging 146,047 ordinary shares to close at 24 US cents and JMMB 7.5% preference share closed at $1.95, losing 5 cents with trades of 8,300 units.
In market activity, Berger Paints lost 75 cents to close at $18.75, with 128,862 shares changing hands, Cable and Wireless traded 450,000 stock units at $1.25, Caribbean Cement closed at $27, after falling $1.82 exchanging 5,536 shares, Carreras added $1, closing at $85, with 17,467 shares changing hands, Grace Kennedy closed at $42.97, gaining 2 cents with trades of 14,102 units, Jamaica Broilers gained 15 cents to close at $17.65, with 6,225 shares exchanged, Jamaica Producers closed at $16, with 100,266 units changing hands. Jamaica Stock Exchange traded 10 cents lower to close at $7 trading 26,494 shares, JMMB Group closed at $19, with a loss of $1 exchanging 2,631,555 units, Kingston Wharves closed at $32, gaining $1 trading 74,207 shares, NCB Financial Group closed at $71, with gains of $1 after exchanging 96,597 shares, 138 Student Living closed at $4.49 trading 13,000 units, 1834 Investments lost 1 cent to close at $1.54, with 5,842 shares changing owners. Palace Amusement exchanged 1,167 units at $340, PanJam Investment closed at $34.70, with an exchange of 3,000 shares,
Portland JSX traded 15 cents lower to close at $10, with 12,531 units trading, Pulse Investments advanced $2.50, closing at $17 trading 11,000 shares, Radio Jamaica added 3 cents to close at $1.70 exchanging 8,621 shares, Sagicor Group closed at $34.35, gaining 10 cents with an exchange of 2,756,521 shares, Sagicor Real Estate Fund traded 20 cents slower to close at $10.80 with 2,741 shares traded. Scotia Group added 30 cents to close at $43.80 while exchanging 18,028 shares, Scotia Investments dropped $1.50 and closed at $36.50, with 3,300 shares changing hands, Seprod closed at $29.90, trading 9,100 shares, Sterling Investments lost $1.80 to close at $15.10, with an exchange of 328,000 units while Supreme Ventures traded 124,005 shares at $7.50. Proven Investments traded 15,950 ordinary shares at 28 US cents Sterling Investments US dollar listing traded 1,000 units at 11 US cents and JMMB Group 7.5% preference share closed at $1.15, with trades of 37,000 units.
In market activity, Barita Investments traded 8 cents lower to close at $7.02, with an exchange of 1,500 shares, Berger Paints closed at $19.50, with gains of 75 cents, trading 2,417 shares, Cable and Wireless exchanged 171,723 stock units at $1.25, Caribbean Cement closed at $28.82, losing 18 cents with 97,166 shares traded, Carreras lost 1 cent, closing at $84, with 53,352 shares changing hands, Grace Kennedy closed at $42.95, with 12,043 units trading, Jamaica Broilers traded 25,692 shares at $17.50, , Jamaica Producers lost 10 cents to close at $16, with 12,947 units changing hands. Jamaica Stock Exchange closed at $7.10, trading 37,700 shares, JMMB Group exchanged 236,760 units at $20, with a loss of 88 cents, Kingston Wharves closed at $31 while losing of 40 cents in exchanging 24,529 shares, Mayberry Investments gained 9 cents to close at $5.08, with 90,380 shares traded, NCB Financial Group closed at $70, after losing 80 cents in exchanging 4,079,621 shares, 138 Student Living closed at $4.49 trading 1,055 units, 1834 Investments gained 12 cents to close at $1.55, with 2,498 shares changing ownership.
PanJam Investment closed at $34.70, with an exchange of 19,793 shares, Portland JSX traded 2,800 units at $10.15, Radio Jamaica gained 2 cents to close at $1.67 exchanging 195,500 shares, Sagicor Group closed at $34.25, losing 55 cents with an exchange of 30,881 shares, Sagicor Real Estate Fund traded 41,866 shares at $11. Scotia Group closed at $43.50 exchanging 60,031 shares, Scotia Investments traded 15 cents higher to close at $38, with 111,026 shares changing ownership, Seprod closed at $29.90, trading 12,511 shares while Supreme Ventures gained 10 cents to close at $7.50 exchanging 26,886 shares. Margaritaville Turks gained 0.01 US cent to close at 35 US cents, with 6,500 ordinary shares changing hands, Proven Investments lost 0.29 US cents in trading 188,359 ordinary shares at 28 US cents, Sterling Investments US ordinary share, closed at 11 US cents with 1,000 units exchanged and JMMB Group 7.5% preference share closed at $1.15, with trades of 43,012 units.