
Caribbean Cement surged to a record close of $40 on the news that they could save $2B from lease buyout.
The main market Jamaica Stock Exchange, closed higher at the end of trading on Wednesday with Caribbean Cement jumping sharply and Scotia Group bouncing back to $54.
At the close, the all Jamaican Composite Index rose 897.85 points to 322,561.10 and the JSE Index climbed 818.04 points to 293,889.63.
Trading closed with 31 securities changing hands, down from 28 on Tuesday, leading to 9 advancing, 11 declining and 11 trading firm, in the main and US dollar markets. Securities closing with sizable price changes include, Caribbean Cement climbed $6.44 to end at a 52 weeks closing high of $40. Grace Kennedy lost $1 to end at $50, JMMB Group lost $1 to $25, PanJam Investment declined $1 to $42 and Scotia Group rose $2 to $54.
Main market activity ended with 71,072,740 units valued at $6,270,318,116 compared to 5,286,653 units valued at $240,796,595 changing hands on Tuesday. NCB Financial Group closed with 61,822,679 units accounting for 86.99 percent of traded shares followed by Jamaica Broilers with 2,036,473 units for just 2.87 percent of the volume for the day and Mayberry Investments with 2,010,259 units.
Trading results in an average of 2,450,784 shares valued at $216,217,866 for each security traded, compared to 195,802 shares valued at $8,918,392 on Tuesday.
For the month to date, an average of 706,388 units with an average value at 25,336,441 traded, compared to 576,343 units with an average value at 10,044,835 changing hands on the previous trading day. In contrast, February closed with average of only 213,336 units valued at $3,392,475 for each security traded.
Trading in the US dollar market on Wednesday, ended with 37,700 units valued at US$50,918 changing hands with JMMB Group 5.75% US dollar preference share contributing 33,300 units at US$1.50 and Proven Investments with 4,400 units at 22 US cents, leaving the market index at 169.16.
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 2 with a lower offer.
For more details of market activities see – NCB dominated the JSE main market – Wednesday.
Daily Trading, Jamaican Stocks, Jamaica Stock Exchange,Trading Activity, Emerging markets, Proven Investments, JMMB Group,Scotia Group,

Portland JSX concluded trading with a loss of 25 cents at $9.70, with 2,500 shares, Radio Jamaica settled with a loss of 5 cents at $1, with 561,044 shares,
Main market activity ended with 27 securities changing hands, with 10 securities rising, 13 falling and 4 trading firm as trading closed with 5,286,653 units valued at $240,796,595 being exchanged.
Kingston Properties finished at $6.25, with 1,440 stock units, Kingston Wharves settled 7 cents higher at $39.07 with 7,690 units, Mayberry Investments ended trading with a loss of 50 cents at $6, with 11,790 shares changing hands, NCB Financial Group traded $1 higher at $99, with 2,044,781 shares. 1834 Investments finished trading with a loss of 2 cents at $1.17, with 10,500 shares, 138 Student Living ended with a loss of 8 cents at $5.50, with 5,000 shares, PanJam Investment added 50 cents in closing at $43, with 229,220 units, Pulse Investments finished at $1.85, with 100 shares, Radio Jamaica settled with a loss of 2 cents at $1.05, with 569,681 shares. Sagicor Group ended trading with a loss of 65 cents at $35.60, with 7,769 stock units,
Sagicor Real Estate Fund ended trading 25 cents higher at $15.30, with 1,550 shares, Salada Foods traded with a loss of $1.33 at $10.72, with 112,000 units, Scotia Group finished trading with a loss of $2 at $52, with 71,423 shares, Seprod closed with a loss of 5 cents at $30, after 29,045 stock units changed hands. Supreme Ventures declined by 50 cents to $11.50, with 132,190 stock units, Victoria Mutual Investments finished with a loss of 4 cents at $4.50, with 907,199 units, Wisynco Group settled with a loss of 5 cents at $10.65, exchanging 227,597 shares and in the main market preference segment, Jamaica Money Market 7.5% traded at $1.95, with 8,000 stock units changing hands.
Market activity on the Trinidad & Tobago Stock Exchange ended on Tuesday with the number of securities trading remaining at 12 as was the case on Monday, with 2 advancing, 3 declining and 7 remaining unchanged.
Losses|
JSE main market activity ended on Monday with 26 securities changing hands, of which 11 rose, 10 declined and 6 traded firm. Trading closed with 6,657,188 units valued at $155,508,071 being exchanged, up from the $31 million traded on Friday.
Carreras finished at $10.10, with 168,334 shares, Grace Kennedy fell by $1 to $50, with 160,875 stock units. Jamaica Broilers rose 1 cent to 420, with 8,482 units, Jamaica Producers closed trading at $15.50, with 1,205 shares, Jamaica Stock Exchange ended with a gain of 5 cents at $6.05, with 8,530 shares, JMMB Group dropped 31 cents to $26, with 3,017,431 stock units. Kingston Wharves traded 900 shares at $39, Mayberry Investments ended trading with a rise of $1 to end at $6.50, with 469,349 units, NCB Financial Group traded at $98, with 502,244 shares, 1834 Investments finished trading 4 cents higher at $1.19, with 20,000 shares, 138 Student Living ended 22 cents lower at $5.58, with 100 stock units, changing hands.
Palace Amusement closed at $1,300, with 300 stock units, PanJam Investment rose 50 cents to end at $42.50, with 2,475 units. Radio Jamaica declined by 1 cent to $1.07, with 13,000 shares, Sagicor Group ended trading 20 cents higher at $36.25, with 94,710 stock units, Scotia Group finished trading with a rise of $2 to $54, with 13,023 shares trading, Supreme Ventures concluded trading at $12, with 185,389 stock units, Victoria Mutual Investments rose 4 cents and finished at $4.54, with 718,287 units and Wisynco Group gained 20 cents and settled at $10.70, with 449,497 shares trading.
Market activity on the Trinidad & Tobago Stock Exchange ended on Monday with the number of securities trading remaining at 12 as it was on Friday, with 5 advancing, 5 declining and 2 remaining unchanged.
Losses|
Investors pushed the main market of Jamaica Stock Exchange up on Monday with the all Jamaican Composite Index climbing 2,392.60 points to 321,159.47 and the JSE Index jumping 2,179.93 points to 292,612.59.
There were no entrants or exists from to the Junior Market TOP 10 list but
It just a matter of time for the break out to take place, regardless the channel points upwards for the market. Profit results for 2018 first quarter, will be important in helping to fuel the break out but with Treasury bill rates falling to 3.16 percent on the 182 days instrument during the past week, an important leg for a rally to come, is in place.
At the same time the main market ended the week with a PE of 6.7 for the top stocks compared to a market average of close to 12.
Trading results in an average of 140,053 shares valued at $1,194,310 for each security traded, compared to 516,184 shares valued at $9,104,430 on Thursday. For the month to date, an average of 627,970 units with an average value at 10,417,767 traded, compared to 668,629 units with an average value at 11,259,206 traded on the previous trading day. In contrast, February closed with average of only 213,336 units valued at $3,392,475 for each security traded.