The main market of the Jamaica Stock Exchange, suffered a big fall, as the All Jamaican Composite Index dropped 3,740.95 points to 404,701.04 and the JSE Index dived 3,408.43 points to close at 368,728.41 as several securities traded in unusually large volume.
Trading ended with 21,522,449 units valued at $497,625,550 compared to 2,910,367 units valued at $151,839,351 changing hands on Friday.
Carreras led trading for the second consecutive day with 6,065,330 units in accounting for 28 percent of the day’s volume, followed by Jamaica Stock Exchange with 5,063,063 units or 23.5 percent of the overall volume and Sagicor Group with 3,128,470 units or 14.5 percent of volume traded.
A total of 30 securities changed hands in the main and US dollar markets, with prices of 8 rising, 13 declining with 9 remaining unchanged, compared to 32 securities trading on Friday. Barita Investments ended at record high with the price moving to $46.50 at the close after it hit an intraday high of $47.
An average of 768,659 units valued at over $17,772,341, in contrast to 97,012 shares valued at $5,061,312 on Friday. The average volume and value for the month to date, amounts to 189,073 units with a value of $7,264,184, compared to 153,070 units with a value of $8,875,444, previously. November closed, with an average of 405,528 valued at $7,755,942, for each security traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator reading shows 3 stocks ending with bids higher than their last selling prices and 4 closing with lower offers.
In main market activity, Barita Investments jumped $4.46 and ended at an all-time closing high of $46.50, with an exchange of 12,300 shares, Caribbean Cement lost 55 cents to close at $42, trading 2,655,630 shares, Grace Kennedy lost $1 and ended trading 22,392 shares at $60, Jamaica Broilers lost $1.75 to close at 
$27.75, in trading 938,678 stock units. JMMB Group lost $1.20 in trading 650,920 shares to close at $32.80. Kingston Wharves gained 50 cents and finished trading 4,524 stock units at $77.50, Mayberry Equities shed 30 cents to close at $9.20, with 250 stocks units changing hands. NCB Financial Group dropped $3.15 in trading 158,893 shares to close at $144, PanJam Investment declined by $1.80 to $72, with 23,867 stock units changing hands, Sagicor Real Estate Fund fell 50 cents in trading 34,000 shares at $10, Salada Foods lost $1 and ended trading at $30, with 19,520 stock units. Scotia Group fell $3.49 at $52.51, with 1,574,855 units changing hands, Stanley Motta traded 51,100 shares and rose 45 cents to close at $5.45 and Supreme Ventures rose 50 cents and closed at $16 trading 80,900 shares.
Trading in the US dollar market amounted to 48,095 units valued at $9,479 with Productivity Business settling at 58 US cents trading 875 shares and Proven Investments ended trading 47,220 shares at 19 US cents. The JSE USD Equities Index rose 0.08 points to close at 155.04.
JSE squeezes out gains on Friday
The main market of the Jamaica Stock Exchange, closed higher for the first time in four days on Thursday with the All Jamaican Composite Index advanced by 106.94 points to close at 372,136.84 and the JSE All Jamaican Composite Index rose 117.38 points to close at 408,441.99
Trading ended with 2,910,367 units valued at $151,839,351 compared with 14,405,936 units valued at $1,728,218,971 on Thursday.
NCB Financial Group led trading for the second consecutive day with 645,863 units in accounting for 22.2 percent of the day’s volume, followed by Carreras with 435,453 units or 15 percent of the overall volume and PanJam Investment with 221,900 units or 7.6 percent of volume traded.
A total of 32 securities changed hands in the main and US dollar markets, with prices of 8 rising, 12 declining with 12 remaining unchanged compared to 28 securities trading on Thursday. Barita Investments ended at record high with the price moving to $42.04 by the close while Sagicor Real Estate Fund traded at a 52 weeks’ intraday low of $9.51.
An average of 97,012 units valued at over $5,061,312, in contrast to 576,237 shares valued at $69,128,759 on Thursday. The average volume and value for the month to date, amounts to 153,070 units with a value of $8,875,444, compared to 157,223 units with a value of $9,178,153, previously. November closed, with an average of 405,528 valued at $7,755,942, for each security traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator reading shows 5 stocks ending with bids higher than their last selling prices and 4 closing with lower offers.
In main market activity, Barita Investments jumped $3.83 and ended at an all-time high of $42.04, with an exchange of 25,900 shares, Berger Paints fell $1.19 to end at $22, with 10,803 stock units changing hands, Caribbean Cement lost 45 cents to close at $42.55, with 47,371 shares traded, Grace Kennedy lost 25 cents and ended trading 31,804 shares at $61, JMMB Group gained 50 cents in trading 153,308 shares to close at $34. Kingston Wharves finished trading with 129,705 stock units at $77, Mayberry Investments jumped 95 cents and settled at $10, with an 
exchange of 146,650 units, Mayberry Equities shed 50 cents to close at $9.50, with 7,755 stocks changing hands. NCB Financial Group climbed $1.65 in trading 645,863 shares to close at $147.15, PanJam Investment rose $1.80 and closed at $73.80, with 221,900 stock units changing hands, Sagicor Group fell $1.80 to settle at $38.20, with an exchange of 12,909 shares, Sagicor Real Estate Fund traded 65,591 shares at a 52 weeks’ intraday low of $9.51 but closed with a rise of 50 cents at $10.50 and Seprod rose 50 cents and ended trading 73,697 stock units at $31.
Trading in the US dollar market amounted to 272,654 units valued at $51,804 with Margaritaville settled 2 cents down to end at 0 US cents in trading 5,000 shares, Proven Investments ended trading of 267,654 shares and declining 1 cent to end at 2 US cents. The JSE USD Equities Index declined by 12.81 points to close at 154.96.
NCB dominates JSE with 11m shares on Thursday
NCB traded 11.4M shares.
Trading ended with 14,405,936 units valued at $1,728,218,971 with NCB Financial Group trading the almost 80 percent of the volume. Trading on Wednesday ended 1,491,666 units valued at $39,783,182.
NCB Financial Group led trading for the second consecutive day with 11.4 million units in accounting for 79 percent of the day’s volume, followed by Supreme Ventures with 807,515 units or 5.6 percent of the overall volume and Grace Kennedy with 559,304 units or 3.88 percent of volume traded.
A total of 28 securities changed hands in the main and US dollar markets, with prices of 10 rising, 5 declining and 13 remaining unchanged compared to 26 securities trading on Wednesday. Barita Investments was the only security to end at record high with the price moving to $38.21 by the close.
An average of 576,237 units valued at over $69,128,759 traded, in contrast to just 59,667 shares valued at $1,591,327 on Wednesday.
The average volume and value for the month to date, amounts to 157,223 units with a value of $9,178,153, compared to 129,656 units with a value of $4,932,360, previously. November closed, with an average of 405,528 valued at $7,755,942, for each security traded.IC bid-offer Indicator| The Investor’s Choice bid-offer indicator reading shows 6 stocks ending with bids higher than their last selling prices and 5 closing with lower offers.
In main market activity, Barita Investments jumped $3.61 and ended at an all-time high of $38.21, with an exchange of 13,500 shares, Berger Paints rose $3.29 to end at $23.19, with 1,375 stock units changing hands, Caribbean Cement rose 50 cents to close at $43, with 24,199 shares traded, Grace Kennedy rose $2.25 and ended trading at $61.25, with 559,304 shares JMMB Group gained $1 in trading just 500 shares to close at $33.50. Mayberry Equities added 50 cents to close at $10, with 242,900
stocks changing hands. NCB Financial Group lost 50 cents in trading 11,369,487 shares to close at $145.50, Scotia Group jumped $3.50 and ended trading 58,256 stock units at $56, Sterling Investments rose 32 cents in closing at $3.40, with 119,121 shares trading and Supreme Ventures gained 40 cents to close at $15.50, with an exchange of 807,515 shares.Trading in the US dollar market amounted to 15,237 units valued at $4,269 with Margaritaville settled added 22.00 cents and ended at $0.22 with 2,900 shares, Proven Investments ended trading of 11,822 shares and declining 1 cent to end at 2 US cents. In the preference sector JMMB Group 5.75% concluded trading of 515 shares and ended at US$2. The USD Equities Index declined by 3.96 points to close at 167.77.
JSE stocks mostly fall on Wednesday
Barita climbs to record high of Wednesday.
The main market of the Jamaica Stock Exchange, lost more ground at the close of trading on Wednesday, with the All Jamaican Composite Index falling 1,150.51 points to 406,706.13 and the JSE Index declining 1,048.24 to close at 370,555.28.
Trading ended with 1,491,666 units valued at $39,783,182, compared with 7,677,766 units valued at $240,095,427 on TuesdayA total of 26 securities changed hands, in the main and US dollar markets, with prices of 9 rising, 11 declining and 6 remaining unchanged compared to 32 securities trading on Tuesday. At the end of trading, Barita Investments ended at record closing high and PanJam Investment traded at an intraday high but ended trading down at the close.
An average of 59,667 shares valued at $1,591,327 traded, in contrast to 274,206 units valued at over $8,574,837 on Tuesday. The average volume and value for the month to date, amounts to 129,656 units with a value of $4,932,360, compared to 134,585 units valued at $5,187,011, previously. November closed, with an average of 405,528 valued at $7,755,942, for each security traded.
Carreras led trading for the second consecutive day with 647,650 units, accounting for 43.4 percent of the day’s volume, followed by Supreme Ventures with 214,146 units or 14.4 percent of the overall volume.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator reading shows 5 stocks ending with bids higher than their last selling prices and 4 closing with lower offers.
main market activity, Barita Investments climbed $1.20 and ended at an all-time high of $34.60, with an exchange of 39,025 shares, Berger Paints rose 90 cents to end at $19.90, with 1,000 stock units changing hands, Caribbean Cement jumped $4 to close at $42.50, with 2,801 shares traded, Grace Kennedy shed 50 cents and ended trading at $59, with 14,162 shares. Jamaica Producers dropped $3.85 in trading 
14,340 units at $23, JMMB Group lost 45 cents trading 57,797 shares to close at $32.50. Kingston Wharves finished at $76.50, after falling 50 cents in trading 1,399 stock units, Mayberry Equities lost 50 cents in ending at $9.50, with 2,000 stock units changing hands. NCB Financial Group declined $2, trading 132,938 shares to close at $146. PanJam Investment dropped $2 to close at $72, with an exchange of 260 stock units, Scotia Group rose 48 cents and ended trading 53,116 stock units at $52.50, Seprod traded 6,510 shares units and declined 50 cents to end at $30.50, Stanley Motta rose 75 cents to close at $5, in exchanging 11,342 shares. Sterling Investments lost 42 cents in closing at $3.08, with 32,601 shares trading, Supreme Ventures dropped 40 cents in ending at $15.10, with an exchange of 214,146 shares.
Trading in the US dollar market resulted from Proven Investments being the sole trade with 2,650 shares at 23 US cents. The JSE USD Equities Index remained unchanged to close at 171.73.
JSE stocks mostly fall on Tuesday
PanJam traded at a record high of $77.
Trading ended with 7,677,766 units valued at $240,095,42, compared with 3,443,415 units valued at $195,803,075 on Monday. A total of 32 securities changed hands in the main and US dollar markets, with prices of 12 rising, 16 declining and 4 remaining unchanged compared to 36 securities trading on Monday. At the end of trading, Barita Investments and PanJam Investment ended at record closing highs.
At the close, an average of 274,206 units valued at over $8,574,837 traded, in contrast to 114,781 units valued at over $6,526,769 on Monday. The average volume and value for the month to date, amounts to 134,585 units with a value of $5,187,011, compared to 122,630 units with a value of $4,870,814, previously. November closed, with an average of 405,528 valued at $7,755,942, for each security traded.
Carreras led trading for the second consecutive day with 2,160,966 units in accounting for 28.2 percent of the day’s volume, followed by Mayberry Equities with 1,138,231units or 14.8 percent of the overall volume and Scotia Group with 952,302 units and 12.4 percent of the day’s volume.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator reading shows 6 stocks ending with bids higher than their last selling prices and 6 closing with lower offers.
In main market activity, Barita Investments climbed $1.01 and ended at an all-time closing high of $33.50, with an exchange of 7,764 shares, Berger Paints dropped $4.20 to ended at $19 with 1,770 stock units changing hands, Caribbean Cement dived $4.02 to close at $38.50, with 50,000 shares traded, Grace Kennedy shed $2.50 and ended trading at $59.50, with 112,478 shares. Jamaica Producers jumped $4.35 finished trading 14,340 units at $26.85, JMMB Group lost 45 cents in trading 110,925 shares to close at $32.05. Kingston Wharves finished at $77, after jumping $4 in trading 256,450 stock units, Mayberry Investments finished with a loss of 80 cents at $9.10, with 16,891 stock units changing hands. Mayberry Equities rose 49 cents at $10, with 1,138,231 stock units changing hands.
PanJam Investment rose $1 to close at a record high of $75, with an exchange of 7,023 stock units, Sagicor Group lost 99 cents and finished at $40, with 545,715 shares trading, Sagicor Real Estate Fund lost 50 cents to end at $10 in exchanging 302,950 units, Scotia Group dropped $3.98 and ended trading 952,302 stock units at $52.02 and Seprod traded 541,759 units and rose $1.49 to end at $31. In the preference sector Productivity Business Solution dropped $2.99 and ended trading of 115,000 shares to close at $105.01.Trading in the US dollar market amounted to 90,900 units valued at over $50,904 with Proven Investments ended trading of 2,530 shares with a rise of 3 cents to end at 23 US cents Sygnus Credit Investments traded 15,643 stock units and lost 2 cents and settled at 9 US cents. In the preference sector JMMB Group 5.75% concluded trading of 1,028 shares with a fall of 6 cents and completed trading at US$2 and JMMB Group 6% fell 2 cents to completed t trading at $1.05 with 2,035 stock units. The JSE USD Equities Index rose 5.18 points to close at 171.73.
IC Insider.com article stings JSE into action
Marlene Street Forrest – General Manager of the JSE is said to have intervened to reset the price Express Catering could trade at on Tuesday.
The article, The stock exchange needs radical overhauling seems to have stung the exchange into action as all the errors that were left unattended for months, are now corrected.
Delisted stocks that were being carried as if they were still listed are now out of the trading sheet. Eppley 7.5% preference share that was recently listed, is now correctly placed in the preference section. Barita Investments 52 weeks’ high is now at $33.50 instead of $60 that was being carried for weeks. Hopefully, the exchange would have corrected all other erroneous highs and lows that resulted from cancellation of trades in the past. Importantly, the errors in the All Jamaica Composite Index for the early days of November are now correctly stated.
The Stock Exchange is to be commended for moving speedily to correct the errors that were brought to their attention. It would also be good in order to better protect their integrity that compensated investors who were firstly advised of an allocation of 16.56 percent of Seprod shares only to see it adjusted down to 16.26 percent. That would be the correct thing to do in the circumstance that prevail that led to the adjustments that took place. The phrase, the customer is right is still a valid principle to operate by.
When all is said and done just correcting the errors IC Insider.com pointed out is only a first step, the exchange needs to put in place quality control mechanisms to prevent such occurrences. It also appears that the exchange needs a qualified lawyer and accountant on board with sufficient securities experience to help police the systems effectively. If they do it could prevent matters such as prospectuses and financial statements being issued with the types of errors that are showing in the public space.
Big drop for JSE stocks on Monday
The main market of the Jamaica Stock Exchange closed mixed on Monday, with declining stock just edging out advancers but the market indices dropped sharply.
A total of 36 securities changed hands in the main and US dollar markets, with prices of 12 rising, 14 declining with 10 remaining unchanged compared to 28 securities trading on Friday. At the close of the market, the All Jamaican Composite Index dived 4,293.22 points to 408,935.58. and the JSE Index dropped 3,911.61 points to close at 372,586.56.
Trading ended with 3,443,415 units valued at $195,803,075 changing hands, compared with 3,068,694 units valued at $164,573,042 on Friday.
At the close, an average of 114,781 units valued at over $6,526,769 traded, in contrast to 113,655 units valued at over $6,095,298 on Friday. The average volume and value for the month to date, amounts to 122,630 units with a value of $4,870,814, compared to 123,423 units with a value of $4,686,819, previously. November closed, with an average of 405,528 valued at $7,755,942, for each security traded.
NCB Financial led trading for the third consecutive day with 702,122 units in accounting for 20.4 percent of the day’s volume, followed by Grace Kennedy with 606,009 units or 17.6 percent of the overall volume and Sagicor Group with 530,562 units and 15.4 percent of the day’s volume.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator reading shows 7 stocks ending with bids higher than the last selling prices and 5 closing with lower offers.
In main market activity, Barita Investments lost 96 cents and ended at $32.49, with an exchange of 31,329 shares, Berger Paints rose $1.20 to close at $23.20, with just 5,000 stock units changing hands, Caribbean Cement fell 43 cents to close at $42.52, as 21,950 shares traded, Grace Kennedy ended trading 606,009 shares with an increase of $2 to end at $62. Jamaica Producers finished trading 17,375 units with a decline of $2.20 to close at $22.50, Jamaica Stock Exchange lost 89 cents to close at $9.16, in trading 15,650 shares, JMMB Group shed $1.50 in trading 178,591 shares to close at $32.50. Kingston Wharves finished at 
$73, after falling $2.30 trading 15,042 stock units, NCB Financial Group rose 90 cents in ending trading of 702,122 shares at $148, PanJam Investment rose $2 to close at $74, with an exchange of 20,835 stock units, Sagicor Group fell $1.01 to close at $40.99, with 530,562 shares changing hands, Scotia Group climbed $1.99 in trading 240,745 units to close at $56 and Seprod fell $2.09 trading 142,852 shares to close at $29.51.
Trading in the US dollar market amounted to 116,255 units valued at $31,628 with Margaritaville gained 1 cent and ended at 25 US cents with 100 shares trading, Productivity Business ended trading 100 shares and increased 3 cents to 59 US cents, Proven Investments traded 100 stock units and lost 2 US cents to end at $20 us cents and Sygnus Credit Investments US dollar based ordinary share traded 719 units and rose 2 cents to end at 11 US cents. The JSE USD Equities Index declined by 0.33 points to close at 166.55.
Barita proposes $15.50 rights issue
The directors of Barita Investments on December 13, passed a resolution for a Rights Issue of 10 shares for each 17 owned at the record date, to take effect in early January which if taken fully will results in 258 million new shares and bring the capital issued to 707 million units.
The board resolution states:- The Board approves the issue of 258,064,516 ordinary shares (in this resolution “New Ordinary Shares”) part of the authorised capital, the same to be offered to the holders of Ordinary Stock Units by way of a Non-Renounceable Rights Issue on the following terms:
(i) Offer Price of J$15.50 per New Ordinary Share. (ii) Offer to Stockholders of the Company as at a Record Date of December 31, 2018. (iii) Offer to Open on January 8, 2019
(iv) Last date for splitting to be January 15, 2019. (v) Offer to Close on January 22, 2019 for acceptance by Existing Ordinary Stockholders/Renouncees
(vi) Offer to Close on January 25, 2019 for acceptance by applicants for Excess Shares (not taken up by Allottees under the Letter of Provisional Allotment).
2. The Directors are hereby authorized to dispose of all such New Ordinary Shares not taken up by Allottees on terms and conditions as the Directors may consider expedient in their absolute discretion, in consultation with the Arranger for the Rights Issue, Sagicor Investments. BIL further advised that the share ratio allocation for the Rights Issue will be as follows: Ten (10) additional shares for every seventeen (17) shares owned by existing stockholders of Ordinary Shares in Barita Investments.
Apart from a rights issue, the above resolution speaks to the last date for splitting being January 15, which raises the question if a stock is to be considered as well.
Barita stocks that trades on the Jamaica Stock exchange at $33.45 on Friday and is up 346 percent for the year to date.
Big bounce for JSE stocks on Friday
Barita climbs to a new closing high of $33.45 on Friday.
At the close of the market, the All Jamaican Composite Index climbed 3,172.73 points to 413,228.80 and the JSE Index advanced by 2,890.71 points to end at 376,498.17.
Trading ended with 3,068,694 units valued at $164,573,042 changing hands, compared with 5,840,821 units valued at over $422,371,897 on Thursday. A total of 28 securities changed hands in the main and US dollar markets, with prices of 13 rising, 11 declining and 4 remaining unchanged compared to 29 securities trading on Thursday. At the end of trading two stocks ended at record closing highs.
At the close, an average of 113,655 units valued at over $6,095,298 traded, in contrast to 224,647 units valued at $16,245,073 on Thursday. The average volume and value for the month to date, amounts to 123,423 units with a value of $4,686,819, compared to 124,399 units with a value of $4,530,322,
previously. November closed, with an average of 405,528 valued at $7,755,942, for each security traded.NCB Financial led trading for the second consecutive day with 743,620 units in accounting for 24.2 percent of the day’s volume, followed by Sagicor Real Estate Fund with 462,923 units or 15 percent of the overall volume and Sagicor Group with 400,607 units and 13 percent of the day’s volume.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator reading shows 5 stocks ending with bids higher than the last selling prices and 3 closing with lower offers.
In main market activity, Barita Investments climbed $1.45 and ended at a all-time closing high of $33.45, with an exchange of 17,698 shares, Berger Paints dipped $2.50 to close at $22, with just 2,500 stock units changing hands, Caribbean Cement fell $1.05 to close at $42.95, with 67,450 shares traded, Jamaica Broilers rose 50 cents in trading 38,920 stock units at $29.50, Jamaica Producers finished trading 114,650 units with a fall of
$1 to close at $24.70, Jamaica Stock Exchange rose 55 cents to close at $10.05, in trading 104,874 shares, JMMB Group added $1 in trading 25,977 shares to close at $34. Kingston Wharves finished at $75.30, after falling by 70 cents in trading 4,300 stock units, NCB Financial Group rose $2.09 in ending trading of 743,620 shares at $147.10, PanJam Investment rose $2 to close at $72, with an exchange of 25,544 stock units, Sagicor Real Estate Fund rose 30 cents to close at $10.50, with 462,923 shares changing hands, Salada Foods gained $1 and ended trading of just 100 stock units at a record close of $31 and Scotia Group dropped $1.99 in trading 35,026 units to close at $54.01.Trading in the US dollar market amounted to 90,900 units valued at over $50,904 with Productivity Business being the sole stock trading as the price ended trading with a loss of 3 cents to end at 56 US cents. The JSE USD Equities Index declined by 2.34 points to close at 166.88.
Trading jumps at JSE – Thursday
Declining stocks beat out on advancing ones again on the main market of the Jamaica Stock Exchange but market indices rose to halt the recent daily decline as the volume and value of stocks climbed sharply from Wednesday’s out turn.
The main market ended with 5,840,821 units valued at over $422,371,897 trading, compared with 1,635,588 units valued at $49,600,589 changing hands on Wednesday. A total of 29 securities changed hands in the main and US dollar markets, with prices of 10 rising, 12 declining and 7 remaining unchanged compared to 26 securities trading on Wednesday.
At the close of the market, the All Jamaican Composite Index climbed 1,139.10 points to close at 410,056.07 and the JSE Index advanced by 1,037.84 points to close at 373,607.46.
Trading resulted in an average of 224,647 units valued at $16,245,073, in contrast to 62,907 units valued at over $1,907,715 on Wednesday. The average volume and value for the month to date, amounts to 
124,399 units with a value of $4,530,322, compared to 113,717 units with a value of $3,126,711, previously. November closed, with an average of 405,528 valued at $7,755,942, for each security traded.
NCB Financial led trading with 2,238,381 units in accounting for 38.32 percent of the day’s volume, followed by Jamaica Producers with 930,181 units or 15.93 percent of the overall volume and Seprod with 907,620 units and 15.54 percent of the day’s volume.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator reading shows 5 stocks ending with bids higher than the last selling prices and 4 closing with lower offers.
In main market activity, Barita Investments shed 90 cents and closed at $32, with an exchange of 11,570 shares, Berger Paints jumped $6.50 to close at a record high of $24.50, with just 1,000 stock units changing hands, Jamaica Broilers lost 50 cents in trading 65,646 stock units at $29, Jamaica Producers finished trading 930,181 units with a fall of $1.30 to close at $25.70, JMMB Group fell $1.97 in trading 180,489 shares to close at $33. Mayberry Investments rose 50 cents and 
settled at $9.50, with 27,667 units changing hands, PanJam Investment rose 35 cents to close at $70, with an exchange of 213,004 stock units, Sagicor Real Estate Fund lost 79 cents to close at $10.20, with 1,000 shares changing hands, Scotia Group gained $1 trading 141,156 units to close at $56, Seprod traded 907,620 shares after declining by 50 cents to close at $31.50, Supreme Ventures rose 45 cents to $16, with 226,840 shares changing hands.
Trading in the US dollar market amounted to 14,830 units valued at over $15,692 as JMMB Group 5.75% percent preference share closed with just with 4,820 units trading but fell 10 cents to US$1,06, JMMB Group 6% preference share closed with just with 5,310 units trading but fell 10 cents to US$2 and Sygnus Credit Investments lost 1 cent and ended at 10 US cents with 4,700 shares changing hands. The JSE USD Equities Index declined by 1.06 points to close at 169.22.