
Sagicor Group traded 5m shares on the JSE main market on Friday.
The main market stocks of the Jamaica Stock Exchange lost ground at the close on Friday with sizable declines in the indices but with increased trading volume as Sagicor Group traded more than 5 million share, but fewer securities traded than on Thursday.
Trading ended with the All Jamaica Composite Index diving 3,359.30 points to close at 275,077.34, the JSE Market Index dropped 3,060.70 points to 250,626.61, bringing the gains for 2017 to more than 30 percent. The JSE US dollar market index added 1.37 points to close at 188.26.
At the close of trading, 20 securities changed hands in the main market with 1 trading in the US dollar market, leading to 8 stocks advancing and 6 declining. The main market ended with 7,902,262 units valued at $237,278,617 changing hands compared to 1,374,903 units valued at $47,150,828 at the close on Thursday.
Trading in the US dollar market accounted for 659,944 units valued at US$158,387 bringing the total of all trades to J$257,552,096.
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 7 stocks with bids higher than their last selling prices and 1 with a lower offer.
The main market ended trading with an average of 395,113 units valued at $11,863,931 for each security traded compared to an average of 54,996 units valued at $1,886,033. The average volume and value for the month to date ended at $161,778 units with an average value of $3,293,405 compared with an average of 122,889 units with an average value of $1,864,984 on the previous trading day. The average volume and value for July ended at 160,668 units with an average value of $2,691,438.
The volume and last traded prices of securities changing hands on Friday are, Barita Investments that gained 63 cents to close at a record high of $9.40 with 5,850 shares, Berger Paints dropped $2.69 to $16 exchanging 44,705 shares, Cable and Wireless gained 3 cents to close at $1.07, with 1,000 shares changing hands, Caribbean Cement gained 1 cent, closing at $28.01 with 37,365 shares,Carreras fell $1.50 to $108, with 140,539 shares, Grace Kennedy closed at $40, trading 161,570 shares.
Jamaica Broilers lost 10 cents exchanging 1,057,803 shares at $18, Jamaica Producers closed at $15.10 trading 7,050 shares, Jamaica Stock Exchange closed at $6.48 with 29,355 shares changing hands, JMMB Group gained 51 cents to close at $20.50, with 13,100 shares. Mayberry Investments lost 14 cents to close at $4.49, with 9,996 shares changing hands, NCB Financial Group traded $1 higher to $91, after exchanging 156,542 shares, PanJam Investment shed $1 to $30 trading 29,077 shares, Proven Investments exchanged 600,000 shares at $25.02, Pulse Investments lost 13 cents to close at $1.86 trading 6,000 shares, Radio Jamaica gained 10 cents in exchanging 28,000 shares to close at $1.60. Sagicor Group traded 5,012,508 shares at $34.35, Scotia Group closed $1.90 higher to $45.90 with 75,721 shares, Supreme Ventures exchanged 3,500 shares at $8. Proven Investments US ordinary shares, traded 659,944 units at 24 US cents and JMMB Group 7.5% preference share gained 1 cent, closing at $1.11, with 482,581 units.
Main market stocks of the Jamaica Stock Exchange closed at record levels at the close on Thursday with the market indices climbing over 2,300 points but with advancing stocks being edged out by declining ones.
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.
NCB Financial Group held firm at $90, after exchanging 27,309 shares, 1834 Investments traded 50,000 shares at $1.40, PanJam Investment closed $2 lower to $31 trading 614,451 shares, Portland JSX gained 30 cents to $9.30, with an exchange of 3,350 shares, Proven Investments added 1 cent, closing at $25.02, with trades of 80,000 shares, Pulse Investments gained 1 cent to close at $1.99 trading 20,000 shares and Radio Jamaica closed at $1.50 exchanging 2,438 shares. Sagicor Group closed at $34.35, with gains of 35 cents trading 28,700 shares, Salada Foods gained 39 cents, closing at $9.50 with 128 units, Scotia Group ended at $44 with 23,318 shares, Seprod closed at $32.55, losing 85 cents with 7,443 shares changing hands. Proven Investments US ordinary share traded 631,286 units at 24 US cents, Jamaica Money Market Brokers 7.5% preference share closed at $1.99 with 2,934 units traded and Proven 8.25% preference share exchanged 6,920 units at $4.99.
Main market stocks suffered a reversal of fortunes on the Jamaica Stock Exchange on Wednesday with the main indices slipping over 2,000 points in spite of a $5 jump for Carreras and $2 for Sagicor Group. Trading closed moderately with 1,809,394 units valued at $47,308,355 changing hands.
The average volume and value for the month to date ended at $119,995 units with an average value of $1,860,774 compared with an average of 132,596 units with an average value of $1,871,080 on the previous trading day. The average volume and value for July ended at 160,668 units with an average value of $2,691,438.
Investors pushed the Jamaica Stock Exchange indices up sharply to hit new record highs at the close on Tuessday. During the morning session, the All Jamaica Composite Index hit a new all-time high of 279,335.69, after surging a huge 6,471.87 points at 11:50 AM.
At the close of trading, 23 securities changed hands in the main market with 1 trading in the US dollar market, leading to 11 stocks advancing and 6 declining. The main market ended with 37,879 units valued at $30,837,797 changing hands compared to 2,489,517 units valued at $21,640,002 at the close on Friday. Trading in the US dollar market accounted for 404,258 units valued at US$99,647 bringing the total of all trades to J$83,856,037.
NCB Financial Group traded $4.99 lower to $90, after exchanging 36,483 shares, PanJam Investment closed at $33 trading 47,000 shares, Proven Investments exchanged 139,570 shares at $25.01, Pulse Investments gained 45 cents to close at $1.95, with 76,936 shares, Radio Jamaica closed at $1.50, with gains of 9 cents exchanging 11,097 shares. Sagicor Group closed at $32 trading 31,475 shares, Sagicor Real Estate Fund gained 13 cents to close at $12.05, with 13,605 shares, Scotia Group closed at $44 with trades of 160,588 shares, Scotia Investments lost 12 cents , closing at $35 in exchanging 3,742 shares, Seprod closed at $32.55, with gains of $1.55 and 928 units changing hands, Supreme Ventures gained 15 cents, closing at $8 with 41,913 shares exchanged. Proven Investments US ordinary shares closed at 24 US cents, with trades of 404,258 units and JMMB 7.5% preference share rose 9 cents and closed at $1.99 with 410 units traded.
The average volume and value for July ended at 160,668 units with an average value of $2,691,438.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading is indicating a strong move ahead as 12 stocks ended with bids higher than their last selling prices and only 2 with lower offers.
Jamaica Broilers dropped 50 cents, closing at $18.50 with 172,757 units, Jamaica Producers traded 90 cents higher to $15.90 with 185,577 shares. Jamaica Stock Exchange closed at $6.45 trading 12,250 shares, JMMB Group closed 25 cents lower to $20, with 17,637 shares. Kingston Wharves gained 10 cents to close at $27.20 exchanging 612 units. Mayberry Investments gained 39 cents, closing at $5 trading 110,000 shares, NCB Financial Group added $1.99 to record close of $83, after exchanging 263,394 shares, 1834 Investments closed at $1.41, losing 9 cents with 25,000 shares, PanJam Investment traded $1.45 lower to $33 trading 51,940 shares, Proven Investments added 1 cent to close at $24.72 exchanging 148,499 shares, Pulse Investments gained 26 cents to close at $2.20, with 15,000 shares, Radio Jamaica closed at $1.41 with 115,145 shares. Sagicor Group gained $1.74 to $31.75 trading 75,345 shares, Scotia Group closed at $44.95, losing 95 cents with 420,846 shares, Scotia Investmentsexchanged 2,000 shares at $35.12, after losing 38 cents, Seprod closed at $31, with gains of 95 cents and 500 units changing hands, Supreme Ventures lost 2 cents to close at $7.68 with 110,571 shares. Proven Investments US ordinary shares closed at 24 US cents, losing 0.02 US cents trading 130,897 units, JMMB Group US 6% preference share exchanged 5,056 units at US$1.12, JMMB 7.5% preference share closed at $1.99, gaining 9 cents, trading 74,187 units, JMMB Group 7.5% preference share lost 4 cents, closing at $1.11 with 600,000 units exchanged and 138 Student Living variable rate preference share closed at 52 weeks’ high of $5.68, with gains of 68 cents trading 100 units.
In market activity, Barita Investments closed at $6.65 with trades of 1,100 shares, Berger Paints lost 20 cents, closing at $18.50 exchanging 106,569 shares, Cable and Wireless closed at 96 cents, losing 9 cents trading 16,965 shares, Caribbean Cement closed at $30, with a loss of $1.20 exchanging 18,114 shares, Carreras closed at $110, advancing $17.50, with trades of 96,316 shares, Grace Kennedy closed at $40.50, with a loss of $1.25 exchanging 55,923 shares. Jamaica Broilers was down 1 cent to close at $19 trading 652,777 shares, Jamaica Producers traded 92 cents lower to close at $15 with 2,153,273 shares exchanged. Jamaica Stock Exchange closed with gains of 6 cents to $6.45 trading 25,297 shares, JMMB Group closed 70 cents lower to $20.25, with trades of 18,890 shares and Kingston Properties exchanged 400 units at $8. Mayberry Investments gained 1 cent to close at $4.61 trading 5,627 shares, NCB Financial Group added 1 cent to close at $81.01, after exchanging 49,807 shares, 1834 Investments closed at $1.50, with an exchange of 13,795 shares, 138 Student Living lost 1 cent to close at $5, with trades of 46,000 shares, PanJam Investment gained 45 cents, closing at $34.45 trading 100 units, Portland JSX traded 50 cents lower to $9 exchanging 22,000 shares, Pulse Investments lost 51 cents to close at $1.94, with trades of 64,423 shares and Radio Jamaica closed at $1.41 with 31,277 shares exchanged. Sagicor Group fell $3.49 to $30.01 trading 18,656 shares, Sagicor Real Estate fund lost 10 cents, closing at $11.92 trading 28,372 shares, Salada Foods closed at $8.61, with a loss of 72 cents and 60,000 shares changing owners,
Scotia Group closed at $44.95, losing 3 cents with trades of 87,322 shares, Scotia Investments exchanged 3,000 shares at $35.50, Seprod closed at $30.05, with a gain of 4 cents and 95,000 shares changing hands and Supreme Ventures lost 10 cents to close at $7.70 with 25,235 shares exchanged. Proven Investments US ordinary shares closed at 26 US cents, gaining 0.04 US cents trading 18,500 units.