
D&G dropped $6.39 on the JSE on Wednesday
The JSE Market Index recovered 274.33 points to end at 151,747.82, the all Jamaica Composite Index added 306.58 points to end at 168,543.04 and the JSE combined index gained 417.91 points to close at 160,960.45.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 9 stocks with bids higher than their last selling prices and 8 with lower offers.
At the end of the market activities, Berger Paints rose 10 cents and ended with 5,000 shares trading at $3.50, Cable & Wireless closed at $1.37 with 122,214 units changing hands, Caribbean Cement ended at $20 with 81,142 shares trading. Carreras lost 50 cents to close at $64, while trading 28,704 units, Desnoes and Geddes traded only 800 shares but fell $6.39 shares to $23.60, Gleaner closed at $2.10 with 131,961 shares changing hands, Grace Kennedy closed with 28,233 shares trading with a loss of 89 cents at $83.60, well below the $97 equivalent, it last traded at in Trinidad. Jamaica Broilers traded 45,915 units but lost 41 cents to close at $14.09, Jamaica Producers traded 13,125 units to close with a loss of 20 cents at $30.30, Jamaica Stock Exchange lost 20 cents in trading 5,000 units to close at $22.30, JMMB Group had only 1,000 units changing hands but fell 20 cents in closing at $10.10. Kingston Wharves traded 3,520 shares to rise by 5 cents to $11.50,
National Commercial Bank with 110,881 shares changing hands, to close at $41, Proven Investments ordinary share traded 452,650 units and rose 1 US cent in closing at 21 US cents, Radio Jamaica ended with 10,255 units changing hands 15 cents higher to close at $4.50. Sagicor Group traded 56,670 shares changing hands at $22.10, Sagicor Real Estate Fund traded 49,790 shares and gained 35 cents to close at $10.35, Scotia Group had 272,706 shares changing hands to close at $31.10 after rising by $11.0. Supreme Ventures closed with a loss of 15 cents at $5 with 8,250 units changing hands, JMMB 5.75% preference share traded 32,087 units to close at $1.20 and JMMB 7.5% preference share traded 1,032,461shares to close at $2.15 and Proven Investments 8% preference share traded 229,000 at $5.

Honey Bun traded 18,560 units at $13.08 after shedding 52 cents. Knutsford Express closed at $20 with 214 units changing hands, Jamaican Teas did not trade after the stock was adjusted for the a 2 for 1 stock split on Tuesday, but had a bid to but 500 units at $4.20 at the close. Lasco Distributors closed with 60,500 units trading with a loss of 1 cent at $5.99, Lasco Financial ended at $3.10 with 35,483 shares changing hands with a 9 cents gain, Lasco Manufacturing ended with 55,705 shares changing hands to close at $4 with a gain of 50 cents. tTech fell by 25 cents to close at $4.25 with 1,007 units changing hands and Eppley 9.5% preference shares traded 16,600 units at $6.10 after rising by 10 cents.

Firm Trades| Agostini’s traded 100 shares at $17.03, FirstCaribbean International Bank traded 20,110 shares to close at $6.50, Guardian Holdings ended trading with 7,800 shares changing hands at $13.70. Guardian Media ended trading with 6,670 shares changing hands at $19.75, JMMB Group traded 10,000 shares at 58 cents, National Flour closed with 126,500 shares changing hands at $1.95 and West Indian Tobacco traded 10,560 units at $126.30 worth $1,333,728.

IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 10 stocks with bids higher than their last selling prices and 6 with lower offers.
National Commercial Bank with 547,321 shares changing hands, to close at $41, Proven Investments ordinary share traded 530,450 units and fell 2 US cents in closing at 20 US cents, Radio Jamaica ended with 29,880 units changing hands at 40 cents higher to close at $4.35. Sagicor Group lost 90 cents with 94,090 shares changing hands at $22.10, Sagicor Real Estate Fund traded 17,343 shares to close at $10, Scotia Group had 296,974 shares changing hands to close at $30 after falling by $1, Scotia Investments rose $1.49 to close at $29.49 with 503,451 units trading. Supreme Ventures closed with a gain of 55 cents at $5.15 with 33,900 units changing hands, JMMB 7.5% preference share traded 8 million units but fell 13 cents to close at $1.07 and JMMB 7.5% preference share traded 50,000 shares to close at $2.15.

In US dollars trading, dealers bought US$35,361,406 compared to US$52,402,992 on Monday, with the buying rate for the US dollar falling 15 cents to $121.31. A total of US$38,036,432 was sold versus US$40,586,538 on Monday as the selling rate fell 1 cent to end at $122.02. The Canadian dollar buying rate lost 22 cents to end at $88.16 with dealers buying C$1,087,597 and selling C$817,857, at an average rate that rose 47 cents to $91.29. The rate for buying the British Pound dropped $1.46 to $169.43 for the purchase of £1,474,724, while £14,483,014 was sold, the rate rose 49 cents to $173.53. At the end of trading, the selling rate for Euro, fell by 63 cents to close at J$135.54, from Monday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$132.88 for a fall of 65 cents on Monday’s rate.
The US dollar equivalent of other currencies traded, amounts to US$163,481 being bought, while US$269,070 was sold.
Sagicor Group lost 95 cents to be trading at $22.05, Scotia Group lost $54 cents to be at $30.46 and Scotia Investments trades at $26.30 down from $28.
In US dollars trading, dealers bought US$52,402,992 compared to US$39,284,534 on Friday, with the buying rate for the US dollar falling 2 cents to $121.46. A total of US$40,586,538 was sold versus US$34,523,089 on Friday as the selling rate remained unchanged at $122.03. The Canadian dollar buying rate lost 35 cents to end at $88.38 with dealers buying C$1,376,828 and selling C$587,689, at an average rate that fell 87 cents to $90.82. The rate for buying the British Pound climbed 85 cents to $170.89 for the purchase of £1,685,921, while £723,740 was sold, the rate rose 83 cents to $173.04. At the end of trading, the selling rate for Euro, climbed 18 cents to close at J$136.17, from Friday’s rate, according to data from Bank of Jamaica, while dealers purchased the European common currency at J$133.53 for a rise of 32 cents on Friday’s rate. The US dollar equivalent of other currencies
traded, amounts to US$161,443 being bought, while US$193,250 was sold.
Firm Trades|Clico Investments traded 26,975 shares with a value of $608,779 to close at $22.55,
The junior market rose Monday but with declining stocks being just ahead of advancing ones. The market ended with a gain of 27.76 points to close at 1,914.73 on Monday.
closed with only 9,000 shares being active but gained 1 cent to end at $2.70,
The Jamaica Stock Exchange has gotten off to a slow start for the week but with gains in all the main market indices in early trading.