Trading up for JSE main market

Trading on the Jamaica Stock Exchange main market returned to more normal levels on Tuesday, than the heavy trading that took place on Monday.
The market ended with 7,661,551 units valued $296,721,375, up sharply from 1,643,736 units valued $44,890,131 units changing hands, on Monday.
At the close, the JSE All Jamaican Composite Index declined 3,438.93 points to 451,745.98 and the JSE Index dropped 3,125.06 points to 411,507.15.
Sagicor Group led trading with 5.18 million shares accounting for 68 percent of total main market volume, followed by Victoria Mutual Investments with 758,101 units and 10 percent of the day’s trades and Wisynco Group with 355,985 units for 5 percent of volume traded.
Trading ended with an average of 239,423 units valued $9,272,543, in contrast to 53,024 shares valued at $1,448,069 on Monday. The average volume and value for the month to date amounts to 265,920 units valued $11,582,843 and previously, 267,779 units valued $11,609,967. Trading for April resulted in an average of 157,923 shares at $3,718,919, for each security traded.
At the close market activity, the main and US markets traded 33 securities, compared to 34 on Monday leading to 13 advancing, 9 declining and 11 closing unchanged. Berger Paints closed at a 52 weeks’ low of $17.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with 7 stocks ending with bids higher than their last selling prices and 3 closing with lower offers.
In main market activity, Barita Investments lost 60 cents and closed at $43.50, trading 142,650 shares, Berger Paints rose $2 and ended at $19, with 12,000 stock units traded, Caribbean Cement climbed $1.50 to close at $70.50, trading 4,932 shares, Eppley lost 50 cents and ended 100 shares trading at $12,  Jamaica Stock Exchange rose 77 cents to end at $19.76, with 23,349 shares changing hands. JMMB Group gained 65 cents to end at $38.75 while trading 99,273 shares, Kingston Wharves jumped $2 trading 792 shares in closing at $70, Mayberry Investments lost 45 cents and ended trading 15,784 shares at $8.55, NCB Financial Group  lost $2 trading 121,000 shares at $148. PanJam Investment  added 50 cents with 16,955 shares changing hands, to close at $97.50, Proven Investments rose $1.50 to close trading of 1,445 units at $33.50, Sagicor Group  jumped $1.51 to end at $48.50 in trading 5,179,012 stock units, Scotia Group declined $1 to $49, with 194,251 shares trading. Seprod gained $2 trading 43,939 shares to close at $46 and Wisynco Group  rose 56 cents to close at a record high of $15.50, with 355,985 shares trading.
Trading in the US dollar market ended with 4,000 units valued at US$1,000 as Margaritaville  ended trading at 25 US cents with 4,000 shares. The JSE USD Equities Index closed unchanged at 182.71.

Sharp jump in JSE indices – Thursday

Sagicor Group jumped $5.50 on Thursday.

Sagicor Group jumped $5.50 to help push the All Jamaican Composite Index a healthy 6,934.04 points to close at 427,060.76 on Thursday while the JSE Index jumped a sizable 6,301.17 points to 389,076.82.
Market activity picked up on the main market of the Jamaica Stock Exchange with 3,564,657 units valued $53,154,918 traded compared to 3,197,837 units valued $101,850,841 on Wednesday.
At the close, the main and US markets had 28 securities traded, compared to 29 on Wednesday leading to 10 advancing, 11 declining and 7 closing unchanged.
Sagicor Real Estate Fund led trading with 999,193 shares, accounting for 28 percent of total main market volume, followed by 1834 Investments with 623,879 units and 17.5 percent of the day’s trades and Radio Jamaica with 570,068 units for 16 percent of volume traded.
Market activity ended with an average of 132,024 units valued at an average of $1,968,701 for each security traded. In contrast to 114,208 units for an average of $3,637,530 on Wednesday. The average volume and value for the month to date amounts to 142,319 shares at $2,375,277 for each security, compared to 142,996 shares at $2,404,318 previously. Trading for March resulted in an average of 438,501 shares at $9,851,307, for each security traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 11 stocks ending with bids higher than their last selling prices and just 2 closing with lower offers.
In main market activity, Barita Investments gained 50 cents to close at $40, with an exchange of 239,307 shares, Caribbean Cement dropped $2.05 to $65 with 9,246 shares changing hands, Jamaica Broilers lost $2 to close at $31, with an exchange of 191,617 shares. Jamaica Producers fell 74 cents to close at $21.26, after trading 14,597 stock units, Kingston Wharves shed 50 cents to settle at $68, with 1,968 units changing hands. NCB Financial Group  recovered the $1.20 lost on Wednesday in trading 64,859 shares, to close at $145,  PanJam Investment  jumped $3.69 to close at $81.70 after trading 17,858 units, Sagicor Group jumped $5.50 to $45 in an exchange of 77,600 shares. Sagicor Real Estate Fund  jumped $1.60 to $10.60, in trading 999,193 shares, Scotia Group  fell 30 cents and finished trading 7,881 shares at $50.20, Seprod closed at $42.20 with a loss of 30 cents while trading 48,132 shares. Stanley Motta  lost 34 cents and ended at $4.66, in trading 638 shares and Supreme Ventures lost 50 cents in finishing at $26.50, with 43,452 units changing hands.
Trading in the US dollar market ended with just one security trading. Sygnus Credit Investments rose 1 cent and ended trading of 6,682 units at 10 US cents leaving the JSE USD Equities Index rose 0.87 points to close at 179.26.

Main market closes higher – Friday

Trading on the main market of the Jamaica Stock Exchange ended on Friday with JSE All Jamaican Composite Index climbing 1,739.73 points to 424,572.25 and the JSE Index advancing by 1,580.91 points to 386,815.40.
At the close of the main and US markets, 30 securities traded, compared to 33 on Thursday and leading to 14 advancing, 6 declining and 10 closing unchanged.
Trading ended with 1,601,348 units valued $55,418,482 crossing the exchange, compared to 12,017,340 units valued $109,444,077 changing hands on Thursday.
Scotia Group led trading with 508,817 shares, comprising 31.8 percent of total main market volume, followed by Carreras with 268,294 stock units or 16.75 percent of the day’s trades and Wisynco Group with 240,423 units or 15 percent.
Market activity ended with an average of 59,309 units valued at over $2,052,536, in contrast to 375,542 shares valued at $3,420,127 on Thursday. The average volume and value for the month to date amounts to 289,643 shares at $3,590,315 for each security, compared to 341,904 units valued at $3,094,443 previously. Trading for March resulted in an average of 438,501 shares at $9,851,307, for each security traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 9 stocks ending with bids higher than their last selling prices and 4 closing with lower offers.
In main market activity, Berger Paints gained 40 cents and ended at $20.50, with 14,695 stock units changing hands, Carreras concluded trading with 268,294 units but lost 44 cents to close at $9.05, Jamaica Stock Exchange gained $1 to end at $17, with an exchange of 15,664 shares. Kingston Wharves recovered the $4 it lost on Thursday, to settle at $72, trading 2,700 units, Mayberry Investments  fell $1 in trading 5,000 shares, at $8,  Mayberry Jamaican Equities loaded 62 cents and ended trading of 9,296 shares at $9.70, NCB Financial Group  traded 36,941 shares, losing 50 cents to close at $144.50.  Scotia Group  climbed $1.80 trading 508,817 shares at $52,  Stanley Motta lost 81 cents to end at $4.50, trading 9,000 shares and Wisynco Group rose 54 cents, ending trading of 240,423 shares at $11.95.
Trading in the US dollar market ended with 741,956 units valued at over US$96,943. JMMB Group 5.75% preference share traded 1,000 units with a 4 US cents gain to close at US$2.04Proven Investments ended with 160,056 units trading at 23 US cents and Sygnus Credit Investments traded 580,900 units to end at 10 US cents. The JSE USD Equities Index declined 0.15 points to close at 179.23.

Cement drops $8.90 on JSE – Tuesday

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Carib Cement dropped sharply from record close on Monday.

Caribbean Cement dropped $8.90 to lead four stocks declining $2.50 or more, on the Jamaica Stock Exchange ended on Tuesday and helped to send the market index into a fall.  
Investors pushed Cement to $67 in early trading but some selling came in to move the price lower to $56, but the stock closed with the bid at $60. Supreme Ventures that closed at a record high of $29.50 fell by $2.50 at the close. JMMB Group lost $3.49 and Kingston Wharves was down $4 at the close.
At the end of trading the Jamaica Stock Exchange main market retreated a bit from its upward climb to the record high of November last year and is now within 8,000 points away.
The JSE All Jamaican Composite Index lost 1,034.03 points to end at 425,445.48 and the JSE Index declined by 939.63 points to 387,608.90.
At the close of the main and US markets, 31 securities traded, compared to 35 on Monday and leading to 11 advancing, 11 declining and 9 closing unchanged.
Trading ended with 1,404,921 units at just $34,225,857 crossing the exchange, compared to 4,774,806 units valued at $58,420,189 changing hands on Monday.
On a day of low volumes, Victoria Mutual Investments led trading with 597,440 shares, and no other stock came close.
Market activity ended with an average of 50,176 units valued at an average of $1,222,352 for each security traded. In contrast to 170,529 units for an average of $2,086,435 on Monday. The average volume and value for the month to date amounts to 110,352 units valued at $1,654,394. Trading for March resulted in an average of 438,501 shares at $9,851,307, for each security traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 6 stocks ending with bids higher than their last selling prices and 4 closing with lower offers.
In main market activity, Barita Investments fell 37 cents to $44.40, with an exchange of 1,025 shares, Caribbean Cement dropped $8.90 to close at $56, with 152,518 shares changing hands, Jamaica Broilers rose $1.49 in trading 4,202 units to close at $31.50, Jamaica Producers gained 50 cents to close at $22.50, with 20,445 shares changing hands. JMMB Group dropped $3.49 and concluded trading of 49,159 shares at $30.01, Kingston Wharves sank $4 to settle at $68, trading 5,332 units, Mayberry Investments lost 92 cents trading 17,500 shares to close at $8.28, Salada Foods rose 95 cents in closing at $30, with 200 shares changing hands.  Scotia Group  dropped 49 cents trading 30,677 shares at $51.01, Seprod rose $1.29 to close at $43.44 in trading 2,351 shares, Supreme Ventures  dropped $2.50 to finish at a record high of $27, with an exchange of 111,448 units.
Trading in the US dollar market resulted in 160,444 units valued at over $20,989 changing hands. Margaritaville  closed 25 US cents while trading with 233 shares, Proven Investments gained 1 cents trading 37,769 at 23 US cents and Sygnus Credit Investments exchanged 122,442 shares at 10 US cents. The JSE USD Equities Index gained 2.99 points to close at 179.23.

2 days of strong JSE main market gains end

Radio Jamaica traded more than 4 million shares as the compnay posted strong gains in profit in the December quarter.

Trading on the main market of the Jamaica Stock Exchange ended on Tuesday with the market snapping two days of solid gains in the market indices and ending with big declines even as advancing stocks were more than declining ones.
At the close of trading, the JSE All Jamaican Composite Index dropped by 2,837.49 points to 410,601.55 and the JSE Index dived by 2,582.48 points to 374,108.12.
The main and US markets traded a total of 34 securities, compared to 33 securities trading on Monday, with the prices of 16 rising, 11 declining and 7 remaining unchanged. Three stocks traded at new highs during the trading session but only two ended at a new closing high and one closed at a 52 weeks’ low.
Main market activity ended with, 9,605,896 units valued at $71,284,670 compared to 3,396,161 units valued at $104,302,598 changing hands, on Monday.
Radio Jamaica led trading with 4,707,436 shares for 49 percent of the day’s volume, after the company posted strong gains in profit in the December quarter of $168 million versus $79 million in the similar period in 2017. JMMB Group 6% preference share was next with 1,799,538 shares and accounting for 18.7 percent of the total main market volume changing hands and 1834 Investments with 705,080 shares, for 7 percent of the day’s volume.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 15 stocks ending with bids higher than their last selling prices and 2 closing with lower offers.
An average of 300,184 units valued at an average of $2,227,646 compared to 106,130 units valued at an average of $3,259,456 for each security traded, on Monday. The average volume and value for the month to date, amounts to 321,224 shares with a value of $10,240,490 and previously, 324,089 shares with a value of $11,497,407. Trading for January resulted in an average of 101,980 units, valued at $3,042,494, for each security traded.
In main market activity, Berger Paints lost 50 cents and ended at $19.50, with an exchange of 6,803 stock units, Grace Kennedy traded with 88,962 stock units and lost 34 cents to end at $57.66, Jamaica Producers regained 50 cents to close at $23 in trading 6,008 shares. Jamaica Stock Exchange gained $1 and closed trading with 36,189 units changing hands, at a record close of $16, JMMB Group rose 65 cents and concluded trading 18,827 shares at $32.75, Kingston Wharves dropped $2 and settled at $70, with 44,616 units changing hands, 138 Student Living rose 49 cents and finished trading 1,199 shares at $4.01. PanJam Investment  jumped $2.99 and ended at a 52 weeks’ closing high of $78, trading 6,262 units, Sagicor Group  lost 35 cents and ended trading at $38.50, with 39,275 stock units, Salada Foods traded just 700 units, but lost 50 cents to close at $38, Scotia Group  dropped $1.89 to finish trading 195,910 shares at $51.11. Seprod climbed $2.50 to finish trading of 695,712 shares at $39, Stanley Motta  rose 30 cents to end at $5, with an exchange of 5,000 shares, Supreme Ventures rose 35 cents and finished trading of 12,668 units at $19.35. Sygnus Credit Investments rose 75 cents to end at $11 with an exchange of 16,550 shares and Victoria Mutual Investments lost 30 cents to settle at $3.70, with 236,520 shares changing hands.
Trading in the US dollar market resulted in 99,033 units valued at over $11,543 changing hands. Proven Investments traded 6,633 units to close at 22 US cents and Sygnus Credit Investments rose by 2 cents in exchanging of 92,400 shares at 11 US cents. The JSE USD Equities Index advanced by 6.87 points to close at 170.75.

Drop for JSE majors in Januray

Trading levels rose sharply on the main market of the Jamaica Stock Exchange on Thursday, with the market indices rising sharply with advancing stocks beating declining ones by 40 percent, that left the market still 1.6 percent below the 2018 close.
At the close, the All Jamaican Composite Index surged 4,736.13 points to 410,369.67 and the JSE Index climbed 4,310.50 points to 373,897.06.
Main market activity ended with 5,924,559 units valued at $242,360,666 compared to 2,161,352 units valued at $54,090,319 on Wednesday.
The main and US markets traded a total of 32 securities, with prices of 14 rising, 10 declining with 8 remaining unchanged, compared to 36 securities trading on Wednesday.
Caribbean Cement led trading with 2,041,592 units for 34.5 percent of the day’s volume, followed by Scotia Group with 1,233,769 units and accounting for 21 percent of the total main market volume changing hands and Sagicor Group with 761,021 units and 13 percent of the day’s volume.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 15 stocks ending with bids higher than their last selling prices and 2 closing with lower offers.
An average of 219,428 units valued at an average of $8,976,321 for each security traded, in contrast to 65,496 units for an average of $1,639,101 on Wednesday.  The average volume and value for the month to date amounts 101,980 units valued at $3,042,494 compared to 97,161 units valued at $2,776,359, previously. Trading for December ended, with an average of 835,037 units with a value of $25,906,477, for each security traded.
In main market activity, Caribbean Cement lost $1 to close at $42.50, with 2,041,592 shares changing hands, Grace Kennedy traded 499,561 stock units and gained $1.40 to close at $59.90, Jamaica Broilers gained $1.10 to close at $30, with an exchange of 63,683 units, Jamaica Producers rose $1.20 to close at $23, with 12,015 shares changing hands. JMMB Group fell 50 cents to close at $32 trading 159,216 shares, NCB Financial Group climbed $7.90 trading 92,786 shares to end at $152.90, PanJam Investment lost 85 cents and ended at $71.15, with 153,775 units trading, Proven Investments traded 2,196 units with a rise of $1.50 to close at $28. Pulse Investments lost 40 cents and finished at $2.80, with an exchange of just 100 shares, Sagicor Group rose $2.55 in trading 761,021 stock units, to close at $41.05, Salada Foods jumped $4 and ended trading at an all-time high of $42, with 7,180 stock units trading. Scotia Group dropped $1.69 to end trading of 1,233,769 shares at $50.31, Seprod rose $1.12 to end at $33.12 with an exchange of 19,046 shares and Stanley Motta gained 25 cents in trading 7,000 units to close at $5.25.
Trading in the US dollar market resulted in 1,399,848 shares valued at US$319,369 changing hands. JMMB 6% preference share fell 3 cents and concluded trading of 18,207 units at $1.04, JMMB Group 5.75% preference share fell 5 cents and settled at US$2.01, trading 5,000 shares, Productivity Business traded 18,608 stock units at 59 US cents. Proven Investments traded 1,312,533 units at 21 US cents and Sygnus Credit Investments Jamaica dollar denominated shares traded 45,500 units to close at 8 US cents after rising 1 cent. The JSE USD Equities Index advanced by 1.16 points to close at 165.52.

 

 

 

5 days of JSE declines end – Monday

The main market of the Jamaica Stock Exchange broke the 5 consecutive days of decline on Monday, with the market indices recording modest gains as 31 securities traded compared to 33 that changed hands on Friday.
The main and US markets traded a total of 33 securities, with prices of 11 rising, 15 declining with 7 remaining unchanged, compared to 36 securities trading on Friday.
At the close, the All Jamaican Composite Index gained 706.39 points to close at 401,354.81 and the SE Index advanced 642.91 points to 365,692.36.
Market activity ended with 7,589,172 units carrying a value of $145,956,290 compared to 4,205,246 units with a value of $112,762,089 on Friday.
Portland JSX led trading with 3,180,000 units for 41.90 percent of the day’s volume, followed by Grace Kennedy with 862,758 units accounting for 11.37 percent of the volume changing hands and 1834 Investments with 682,000 units and 9 percent of the day’s volume
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 14 stocks ending with bids higher than their last selling prices and 2 closing with lower offers.
An average of 244,812 units valued at over $4,708,267 traded, in contrast to 127,432 units valued at over $3,417,033 on Friday. The average volume and value for the month to date amounts 97,469 units valued at $2,670,351 compared to 89,414 units valued at $2,552,924, previously. Trading for December ended, with an average of 835,037 units with a value of $25,906,477, for each security traded.
In main market activity, Barita Investments gained 61 cents to end at $51.75, trading 46,940 stock units, Berger Paints rose 80 cents and ended trading at $19.80, with 3,071 stock units changing hands, Carreras lost 26 cents and concluded trading at $9.22, with 36,418 units, Caribbean Cement gained 20 cents and finished the trading of 678,084 shares at $41.20. Grace Kennedy lost 95 cents trading 862,758 stock units to close at $58.05, Jamaica Producers shed $1.20 and closed at $21.80, with 1,767 shares changing hands, JMMB Group rose 70 cents to close at $32.50 trading of 13,153 shares. Kingston Wharves lost $1 and settled at $69, with 15,416 units changing hands, 138 Student Living finished trading 511,594 shares with a fall of 9 cents to a 52 weeks’ closing low of $2, after falling to an all-time low of $1.60 earlier, Salada Foods dropped $2 to settle at $35, in trading of 3,900 shares. Scotia Group lost 50 cents to end trading of 24,561 shares to close at $51.50, Seprod lost 64 cents to end at $32.35 with an exchange of 382,779 shares. Sterling Investments rose 40 cents and ended at $4, with 7,632 shares trading, Supreme Ventures rose 50 cents and concluded trading of 76,609 stock units, at $18.50 and Sygnus Credit Investments Jamaica dollar denominated shares traded 34,667 units with a fall of $1.11 to close at $10.10.
Trading in the US dollar market resulted in 113,540 shares valued US$34,627, changing hands. JMMB Group 5.75% preference share rose 6 cents and ended trading at $2.06 with 5,900 units and Proven Investments concluded trading of 107,640 units at 21 US cents. The JSE USD Equities Index declined by 1.90 points to close at 164.43.

Drop for JSE main market – Monday

Trading on the Jamaica Stock Exchange on Monday, resulted in another day of decline in the two main market indices, but the volume and value of stocks trading, dropped sharply than the elvesl on Friday.
At the close, the All Jamaican Composite Index fell 1,946.42 points to close at 406,040.32 and the JSE Index declined by 1,771.50 points to 369,956.78.
The main and US dollar markets, had 33 securities changing hands, with prices of 9 rising, 15 declining with 9 remaining unchanged, compared to 30 securities trading on Friday.
Market activity ended with 4,336,558 units valued at $78,388,229 compared to 6,892,345 units valued at $205,088,843, changing hands, on Friday.
Radio Jamaica led trading with 1,783,056 units for 41 percent of the day’s volume, followed by Pulse Investments with 699,604 units accounting for 16 percent of the volume changing hands and Sagicor Real Estate Fund with 306,096 units and 7 percent of the day’s volume.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 18 stocks ending with bids higher than their last selling prices and 2 closing with lower offers.
An average of 144,552 units valued at over $2,612,941, in contrast to 246,155 shares valued at $7,324,602 on Friday. The average volume and value for the month to date amounts 87,049 units valued at $2,399,754 compared to 82,851 units valued at $2,383,011, previously. Trading for December ended, with an average of 835,037 units with a value of $25,906,477, for each security traded.
In main market activity, Berger Paints lost $2.50 and ended at $17.50, with the trading of 10,398 stock units, Caribbean Cement dropped $7 trading 10,398 shares, to close at $40, Grace Kennedy rose 25 cents in trading 37,686 shares at $58.75, Jamaica Producers lost 80 cents and closed at $22.20, with 57,504 shares changing hands. NCB Financial Group gained $1 trading 243,064 shares to close at $145, PanJam Investment shed 50 cents to close at $71.50, with 110,315 units changing hands. Sagicor Group fell 99 cents to settle at $39, in trading of 80,640 shares, Sagicor Real Estate Fund fell 49 cents to settle at $10.11, in trading of 80,640 shares,Scotia Group traded 124,455 shares after gaining 39 cents to close at $52.40. Seprod fell 70 cents and ended at $30.80 with an exchange of 41,125 shares and Wisynco Group lost 45 cents and concluded trading at $9.75, with 64,698 stock units changing hands.
Trading in the US dollar market resulted in 68,991 units valued at over $14,240. JMMB Group 6% preference share settled at US$1.05 with 7,627 shares trading, Proven Investments  traded 52,308 stock units at 21.9 US cents and Sygnus Credit Investments rose 0.05 cent and ended at 8 US cents trading 52,308 shares. The JSE USD Equities Index advanced by 0.12 points to close at 165.97.

JSE trading doubled on Thursday

Trading on the Jamaica Stock Exchange picked up on Thursday, with almost twice the volumes that traded on Wednesday and resulted in minor increases to the market indices.  
At the close of trading, the All Jamaican Composite Index inched 83.14 points higher to 412,553.61 and the JSE Index eked out a modest rise of 75.75 points to close at 375,882.99.
Main market trading ended with, 3,487,141 units valued at $63,034,296 compared 1,683,322 units valued at $37,751,520 changing hands on Wednesday.
The main and US dollar markets, had 32 securities changing hands, with prices of 11 rising, 10 declining with 11 remaining unchanged, compared to 31 securities trading on Thursday.
1834 Investments led trading with 971,378 units and 28 percent of the day’s volume, followed by Sagicor Real Estate Fund with 396,384 units or 11.34 percent of the volume changing hands and Seprod with 382,512 units accounting for 11 percent of the day’s volume.
An average of 120,246 units valued at $2,173,596, in contrast to 60,119 shares valued at $1,348,269 on Wednesday. The average volume and value for the month to date amounts to 50,226 units valued at $1,233,495 compared to 39,918 units valued at $1,071,215, previously. Trading for December ended, with an average of 835,037 units with a value of $25,906,477, for each security traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator reading shows 9 stocks ending with bids higher than their last selling prices and 3 closing with lower offers.
In main market activity, Barita Investments gained $1.50 and closed at $51.50, with 33,267 shares traded, Grace Kennedy shed $3 trading 178,439 stock units at $60, Jamaica Broilers gained $1 and finished trading at $29, with 361,940 units, Jamaica Producers rose 95 cents to close at $21, with 200,097 shares changing hands. Kingston Wharves rose $2.45 to settle at $77.45, with 2,600 units changing hands, NCB Financial Group gained 90 cents in trading just 2,600 shares at $149.90.  PanJam Investment  declined by $1.50 to end at $70.50, trading 15,048 units, Sagicor Group gained 99 cents trading 51,887 units to close at $39.99, Sagicor Real Estate Fund shed the 66 cents it picked up on Wednesday, while trading 395,384 shares, to close at $11.  Scotia Group  traded 30,100 shares after declining $1.99 to close at $52.01 and Sygnus Credit Investments rose by 50 cents to close at $11.50 in trading 98,314 shares.
Trading in the US dollar market resulted in 59,299 units valued at $32,695. JMMB Group 6% preference shares traded 26,511 units after rising 1 cents to close at $1.05, followed by Proven Investments that rose 0.1 cent in trading 14,788 units at 21.90 US cents and Sygnus Credit Investments traded 18,000 units at 9 US cents. The JSE USD Equities Index was unchanged at the close at 166.86.

Barita up 593% top 2018 JSE stock

Barita climbs to a new closing high of $50 on Friday to gain 593% in 2018..

Stocks on the Jamaica Stock Exchange main market ending 2018 with a credible gain of 31.7 percent but brokerage house Barita Investments surged a by a huge 593 percent to be the markets best performing stock in 2018.  
Barita Investments gain mostly came after Cornerstone Investment Holdings officially sealed the deal to take over the company and laterally, after announcing a rights issue to shareholders at an exercise price of $15.50. The stock closed the year at $52. But there is a lot more going on with this company as the new majority owners take a more aggressive approach to capture more business locally and within the wider Caribbean.
Four stocks end 2018 with gains of more than 100 percent contributed to the year’s performance but the year’s movement fell below that of 2017, when the index rose 50.7 percent. The next best performer could only deliver a 211 percent rise in contrast to the stunning gains by Barita. Salada Foods ended the year with a jump in price to $35 on strong gains in profit, to capture the number 2 best performing spot rising by 211 percent for the year, followed by Palace Amusement with gains of 159 percent, the third year in a row that it is occupying the top 10 list. Kingston Wharves grew 135 percent to be one of 4 stocks to reappear in the top 10 for two consecutive years. Jamaica Broilers gained 67 percent. Pulse Investments reappeared in the Top 10 with a rise of 66 percent and heavy weight, PanJam Investment put in a strong showing of 65 percent, while Supreme Ventures chipped in with 57 percent, Mayberry Investments rose 52 percent and NCB Financial with 50 percent to retain one of the Top 10 spots for the second year in a row.
The worst performing stocks included Ciboney down 71 percent due mainly to the sale of property it previously owned with most of the proceeds distributed as a dividend thus reducing the value of its assets to a few million dollars. 138 Student Living was next with a fall of 42 percent with Portland JSX ending with a loss for the year of 25 percent following on from Kingston Properties with 22 percent and Sygnus Credit Investments with 20 percent from it 2018 IPO price. Both Ciboney and Carreras that are in the top 10 worst performing stocks in 2018 are coming from the top 10 in 2017.