Barita stock price gained 53% in a week.

Barita Investments jumped $12 to a new record high, to lead a pack of stocks that jumped sharply on the Jamaica Stock Exchange at the close on Thursday, with the market ending with an overall gain.
Barita gained 53 percent since a week ago since the company announced that they were considering a rights issue and announced blockbuster profits. The move drove supply out of the market leaving only three offers at the close, with 230 units at $74, 2,800 shares at $85 and 2 million at $90. Other stocks with sharp gains are Eppley rising $2.49, Grace Kennedy up $5.97 to end at a closing record high, JMMB Group rising $5 to end at a closing all-time high, Kingston Wharves with a gain of $5.16 and NCB Financial pushed higher by $5 to end at a closing all-time high and Wigton Windfarm traded at a new all-time high.
Trading ended with the JSE All Jamaican Composite Index advanced by 2,296.18 points to close at 530,417.87 and the JSE Index rose 2,086.63 points to close of 482,999.58. The JSE Financial Index added 0.52 points in closing at 129.53 points.
Market activity resulted in 36 securities trading in the main and US dollar markets and leading to 14 securities advancing, 13 declining and 9 trading firm, this compares to 38 securities on Wednesday.  Trading ended with 40,555,987 units valued at $630,491,986 compared to 73,123,480 units valued at $311,695,529 changing hands.
Wigton Windfarm led trading with 27.4 million shares for 68 percent of total main market volume, as the stock traded at a new intraday high of $1.01. Sagicor Group ended with 8 million stock units for 20 percent of total volume and Jamaica Broilers with 3.4 million shares for 8 percent of the day’s volume.
The market closed with average of 1,228,969 units valued at $19,105,818 for each security traded, in contrast to 2,089,242 units valued at an average of $8,905,587 on Tuesday. The average volume and value for the month to date amounts to 1,262,144 shares valued at $10,775,760 changing hands, compared 1,265,757 shares valued at $9,768,829 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 5 with lower offers.
In the main market activity, Barita Investments surged $12 to end at a 52 weeks’ high of $69, with 16,658 stock units trading, Berger Paints lost 60 cents in the trading of 3,436 shares to close at $18.35, Caribbean Cement gained $1 to end trading of 2,561 shares at $79, Eppley climbed $2.49 to $15.49, in exchanging 4,000 stock units. Grace Kennedy jumped $5.97 trading 63,206 units to end at a 52 weeks’ closing high of $73.97. Jamaica Producers rose 40 cents in trading 20,340 shares to close at $27, JMMB Group leaped $5 to end at a record close of $54, with 327,606 shares trading, Kingston Wharves jumped $5.16 and ended trading 18,850 shares at $71, Mayberry Jamaican Equities lost 40 cents to close at $11.20 with 105,483 shares changing hands. NCB Financial rose $5 trading 45,909 shares to end at a record closing high at $205, PanJam Investment lost 32 cents and ended trading with 13,455 stock units at $98.50, Sagicor Group lost $1.04 trading 8,078,497 stock units to end at $54.76. Sagicor Real Fund fell 73 cents to end trading with 17,697 units at $10.02, Seprod lost 95 cents and settled at $47 in exchanging 20,450 shares, Supreme Ventures rose 49 cents and ended trading of 28,030 shares to close at $28 and Wisynco Group gained 41 cents to settle at $19.50, with 200,051 stock units changing hands.
Trading in the US securities market resulted in 361,148 units valued US$59,364 changing hands. Market activity ended with JMMB Group 5.75% preference share with 11,248 units trading to end at US$2, Proven Investments lost 0.7 cent trading 5,600 shares to close at 25.01 US cents and Sygnus Credit Investments rose 0.03 cent to 10.3 US cents, in trading 344,300 units. The JSE USD Equities Index inched 0.34 points higher to 187.49.

NCB recovers to boost market index to reach new record close.

NCB Financial recovered to close at $190 on Monday and pushed the market to record close after it tumbled on Friday with NCB pulling the overall market down sharply.
Trading ended with the JSE All Jamaican Composite Index surged 14,743.84 points to a record close of 522,695.11 and the JSE Index leaped 13,398.28 points to record close at 475,981.60.  The rise in the largest capitalized company on the stock exchange, NCB, pushed the JSE Financial Index by 4.86 percent in closing at 127 points, up 27 percent since the start of March.
Market activity resulted in 36 securities trading in the main and US dollar markets and leading to 10 securities advancing, 15 declining and 9 trading firm. Market activity ended with 34,066,074 units valued $403,962,467 compared to 91,225,711 units valued $1,203,688,593 changing hands, from 41 securities on Friday.
Wigton Windfarm led trading with 18.7 million shares for 55 percent of total main market volume, followed by JMMB Group 7.5% preference with 7 million stock units for 20.6 percent of total volume, Scotia Group with 5.2 million units for 15 percent of total volume. Carreras ended trading with 925,937 units and Wisynco Group with 699,978 shares.
The market closed with average of 1,001,943 units valued at an average of $11,881,249 for each security traded, in contrast to 2,400,677 units for an average of $31,676,016 on Friday. The average volume and value for the month to date amounts to 1,191,212 shares valued at $10,995,507 changing hands, compared 1,162,295 shares valued at $4,766,694 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 8 stocks ended with bids higher than their last selling prices and 5 with lower offers.
In the main market activity, Berger Paints gained 50 cents to close at $18.50, with 251,500 units changing hands, Eppley dropped $1.20 to $17.25, in exchanging 19,920 stock units, Jamaica Broilers lost 88 cents to close at $33.12, with 12,703 shares changing hands, Jamaica Producers lost 99 cents and concluded trading of 2,300 shares, at $29. Kingston Wharves rose $1 and ended trading 3,120 shares at $71, NCB Financial rose $2.01 trading 83,739 shares at $190.01, Sagicor Group lost 60 cents trading 223,697 stock units to end at $57.10, Sagicor Real Fund rose 30 cents to $9.50 while trading 8,650 units. Scotia Group ended trading of 5,184,563 shares with a decline of 48 cents to close at $57 and Seprod rose $1 and settled at $48 trading 18,004 shares.
Trading in the US securities market resulted in 60,775 units valued at $9,753 units changing hands. Market activity ended with Proven Investments trading 22,155 shares to close at 25 US cents and Sygnus Credit Investments with a loss of one cent to 11 US cents, in trading 38,620 units. The JSE USD Equities Index closed 0.95 points up at 187.24.

NCB Financial dropped $17 during trading to make big dent in the market indices.

NCB Financial dropped to $173 from $190 it closed at on Thursday but recovered to at $188 at the close. The fall in which the JSE records at $15.36 did major damage to the market indices on Friday.
Trading ended with the JSE All Jamaican Composite Index dived 10,577.64 points to close at 507,951.27 and the JSE Index dropped 9,612.29 points to close at 462,583.32. The big fall in the largest capitalized company on the stock exchange, cut 3 percent off the JSE Financial Index in closing at 122.14 points.
Market activity resulted in 41 securities trading in the main and US dollar markets and leading to 10 securities advancing, 15 declining and 9 trading firm. Market activity ended with 91,225,711 units valued $1,203,688,593 compared to 23,980,897 units valued $156,300,087 changing hands, from 32 securities on Thursday.
Wigton Windfarm led trading with 39 million shares for 43 percent of total main market volume, followed by Radio Jamaica with 26.5 million stock units for 29 percent of total volume, Sagicor Group with 12 million units for 13 percent of total volume. Sagicor Real Estate Fund ended trading with 9.6 million units and 11 percent of main market volume and next was NCB with 1.67 million shares.
The market closed with average of 2,400,677 units valued at $31,676,016 for each security traded. In contrast to 799,363 units for an average of $5,210,003 on Thursday. The average volume and value for the month to date amounts to 1,162,295 shares valued at $4,766,694 changing hands, compared 1,270,097 units valued at $4,635,018 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, Caribbean Cement gained $1.45 to end up trading 25,200 shares to close at $80, Grace Kennedy climbed $3 in trading 50,851 units to end at $67, Jamaica Broilers added $1 and closed at $34, with 15,131 shares changing hands, Jamaica Stock Exchange rose 30 cents after ending trading of 50,855 stock units at $29. JMMB Group shed $2 trading 163,627 shares to close at $48, Mayberry Jamaican Equities finished trading at $11.85, with 10,107 shares after climbing 55 cents, NCB Financial lost $2 in concluding trading of 1,670,020 shares at $188, PanJam Investment rose $1.50 to settle at $99 with 46,562 shares changing hands. Sagicor Group rose 69 cents and finished trading 12,067,394 stock units at $57.70, Scotia Group ended trading of 500,712 shares while climbing $1.98 to close at $57.48 and Supreme Ventures lost 50 cents to end at $27.50, with 68,369 shares trading.
Trading in the US securities market resulted in 48,857 units valued at over US$12,078 changing hands. Market activity ended with JMMB Group 6% USD preference share trading 5,576 units at US$1.04, Proven Investments trading 11,186 shares to close at 25 US cents and Sygnus Credit Investments with a loss of one cent to 11 US cents, in trading 32,095 units. The JSE USD Equities Index closed 2.02 points down to 186.29.