The Jamaica Stock Exchange took another sizable jump to end at a record close on Friday as advancing stocks out-numbered declining stocks in continuation of the market’s record bull run.
At the close trading, the All Jamaican Composite Index rose 305.19 points to 347,001.01, the first time it closed above 347,000 points and the JSE Index climbed 278.07 points to end at a record close of 316,157.10. The market has gained 9.6 percent for the year to date, the shortage of stocks and low interest rates suggest that the gain for the rest of the year should exceed that of the first 7 months.
Trading in the main market ended with 11,481,249 units valued $123,719,859 compared to 7,873,698 units valued at $335,479,879 on Thursday.
Market activities resulted in 26 securities trading including 2 in the US dollar market compared to 28 securities trading on Thursday. At the end of trading, the prices of 13 stocks rose, 8 declined and 5 traded unchanged, including Caribbean Cement trading at an intraday high of $50 and Salada Foods trading at an all-time high of $17 before pulling back at the close, to a 52 weeks’ high of $16.50.
The day’s volume was led by, Mayberry Jamaican Equities with 9,408,575 units 81.95 percent of the main market volume, followed by Scotia Group with juts 351,092 units and Jamaica Stock Exchange with 281,270 units.
Stocks with major price changes| Berger Paints rose $1 and ended at $21, trading 9,539 stock units, Caribbean Cement fell $1.49 to $42.01 exchanging 76,432 shares, Jamaica Broilers traded 46,334 stock units and dropped $3.40 to end at $22.10, Jamaica Stock Exchange rose 49 cents to close at $8, with 281,270 shares changing hands, JMMB Group rose 50 cents and ended at $30, trading 27,350 shares. Mayberry Investments lost 75 cents to end at $8.25 trading just 8,335 shares, Kingston Wharves finished at $52.25, after rising 25 cents with 3,842 stock units, NCB Financial Group lost 80 cents and ended trading at $104, exchanging 27,159 shares, PanJam Investment jumped $1 to $52 trading 87,500 stock units. Salada Foods jumped $1.50 and ended trading at 52 weeks’ closing high of $16.50, with 35,500 stock units, Scotia Group traded 351,092 units and gained 80 cents to end at $52.80 and Sygnus Credit Investments fell 49 cents in trading 12,010 at $12.
Trading in the US dollar market closed with 174,520 units valued at US$31,642 as 
Proven Investments fell 1 cent and closed at 19 US cents trading 3,200 shares and Sygnus Credit Investments fell 0.25 cents in trading 12,010 at 0.0975 US cents. The JSE USD Equities Index rose 3.70 and closed at 154.43
Trading resulted in an average of 478,385 units valued at an average of $5,154,994 for each security traded. In contrast to 302,835 units for an average of $12,903,072 on Thursday. For the month to date an average of 198,469 shares valued at an average of $4,438,731 versus 185,362 shares valued at an average of $5,398,127 on Thursday. July closed with an average of 169,022 units valued at $3,514,756, for each security traded.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading shows 6 stocks ended with bids higher than their last selling prices and 6 closing with lower offers.
New closing high for JSE – Friday
JSE takes breather from record run – Wednesday
Mayberry Investments hit an all time high of $9 on Wednesday.
The Jamaica Stock Exchange took a break from ending at record close on Wednesday but advancing stocks just out-numbered decliners but the indices close lower.
At the close, the All Jamaican Composite Index declined by 926.88 points to 344,478.15 and the JSE Index dipped 844.49 points to close at 313,858.48.
Trading in the main market ended with 3,458,733 units valued at over $66,593,492 compared to 3,687,476 units valued at over $83,983,141, on Tuesday.
Market activities resulted in 27 securities trading including 2 in the US dollar market compared to 33 securities trading on Tuesday. At the end of trading, the prices of 11 stocks rose, 9 declined and 7 traded unchanged, including Grace Kennedy trading at an intraday high of $58 and Mayberry Investments trading at an all-time high of $9.
The day’s volume was led by, Sagicor Group with 898,949 units accounting for 25.99 percent of the main market volume, followed by 1834 Investments with 624,732 units, 18.06 percent of the day’s volume and Radio Jamaica with 498,490 units and 14.41 percent of the day’s volume.
Major price changes| Caribbean Cement jumped $2.30 to finish at $43.50, with 29,172 shares, Jamaica Broilers rose 55 cents to $25.50, with 48,642 stock units trading, JMMB Group fell $1 to end at $29.10, trading 37,485 shares. Mayberry Investments rose 29 cents to end $7.40 trading 68,254 shares, Salada Foods ended trading at $16.50, with 35,500 stock units, Scotia Group traded 351,092 units and gained $1.30 to end at $52.80, Seprod added $1 and finished trading at $33.01, with an exchange of just 277 shares and Supreme Ventures ended at $15.80, with 115,692 shares after rising by 30 cents.
Trading in the US dollar market closed with 5,754 units valued at US$5,330 as JMMB Group 6 percent preference share completed trading of 4,300 stock units and fell 1 cent to end at $1.04, Productivity Business Solution closed at 59 US cents trading 1,454 shares. The JSE USD Equities Index closed unchanged at 154.43.
Trading resulted in an average of 138,349 units valued at an average of $2,663,740 for each security traded. In contrast to 122,916 units for an average of $2,799,438 on Tuesday. For the month to date an average of 157,082 shares valued at an average of $2,241,849 versus 162,724 shares valued at an average of $2,114,773 on Tuesday. July closed with an average of 169,022 units valued at $3,514,756, for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ended with bids higher than their last selling prices and 3 closing with lower offers.
AJ Index new record of 345,405 points – Tuesday
The All Jamaican Composite Index of the Jamaica Stock Exchange traded at an intraday record high of 347,551.83 in the morning session but drifted lower to close just above 345,000 points for the second day in a row.
At the close, the All Jamaican Composite Index gained 354.82 points to end at a record close of 345,405.03 and the JSE Index advanced by 323.28 points to end at a record close of 314,702.97.
Trading in the main market ended with 3,687,476 units valued at over $83,983,141 compared to 4,818,830 units valued at $56,754,894, on Friday.
Market activities resulted in 33 securities trading including 3 in the US dollar market compared to 29 securities trading on Friday. At the end of trading, the prices of 11 stocks rose, 12 declined and 10 traded unchanged.
The day’s volume was led by, Scotia Group with 841,089 units for 22.81 percent of the main market volume, followed by Carreras with 764,451 units or 20.73 percent of the day’s volume and Radio Jamaica ended with 547,000 units and accounting for 14.83 percent of the day’s volume.
Major price changes| Berger Paints traded 8,650 shares with a gain of 74 cents to close at $20, Caribbean Cement lost 30 cents and finished at $41.20, with 171,284 shares, Grace Kennedy jumped $1.05 to close at a 52 weeks’ high of $57.05, trading with 122,139 shares, NCB Financial Group climbed $3 ended trading 45,133 shares, at $104, with 1834 Investments lost 15 cents traded at a 52 weeks’ low of 90 cents, with 18,000 shares. Mayberry Investments declined $1.14 to end $7.11 trading 24,638 shares, PanJam Investment concluded trading of 4,384 shares at $51.25, after slipping $1.30, Portland JSX climbed $1 and ended at $9, exchanging 20,000 units, Sagicor Real Estate Fund fell 50 cents to settle at $14.00, with 1,000 shares, Scotia Group traded 841,089 units and fell $1.50 to end at $51.50, Seprod lost 49 cents and finished trading at $32.01, with 2,500 shares. Sterling Investments gained 60 cents and closed at $14.10, with 13,727 shares, Supreme Ventures lost 30 cents and ended at $15.50, with 65,275 shares trading.
Trading in the US dollar market closed with 154,010 units valued at US$128,075 as JMMB Group 6% preference share completed trading of 115,000 stock units and gained 1 cent to end at $1.05, 
Proven Investments added 1 cent and closed at 20 US cents trading 38,800 shares and Sygnus Credit closed 10 US cents in trading 210 shares. The JSE USD Equities Index lost 0.71 points and closed at 154.43
Trading resulted in an average of 122,916 units valued at an average of $2,799,438 for each security traded. In contrast to 185,340 units for an average of $2,182,881 on Friday. For the month to date an average of 162,724 shares valued at an average of $2,114,773 versus 185,258 units traded for an average of $1,727,278 on Friday. July closed with an average of 169,022 units valued at $3,514,756, for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 2 closing with lower offers.
Investors shun Junior stocks for the oldsters
Black Panther mash up Palace bottom-line with a huge increase in profit that pushed to stock to no 1 for 2018 in the main market.
Investors shunned Junior Market stocks in 2018 for the older more established Main market stocks. At least that is what the data from the exchange is showing.
According to the Jamaica Stock Exchange report of trading to the end of July, volume and value on the main market is up while that on the junior market is well down on 2017 figures, even as the gains in the overall market shows juniors up 14 percent for the year to the end of July and 9 percent for the main market.
Junior Market volume is down year to July by a stunning 69 percent to 571 million units while the value fell 64 percent to $2.69 billion, less than half of the $6.6 billion traded for all of 2017. In contrast main market stocks traded 1.57 billion units, up 28.5 percent over 2017, for a total value of $32 billion, a strong 79.4 percent increase over 2017 and just shy of the $35.7 million traded for all of 2017.
The big winners for the year to July are, Palace with an increase of 154 percent, that was helped by the huge success of the Black Panther film that ran for several months, Pulse Investments up 67 percent, Kingston Wharves 60 percent, Jamaica Broilers 45 percent and Salada Foods 41 percent, as investors responded to improved profit. In the Junior Market, C2W Music and Derrimon Trading beat all others by huge margins, rising 233 percent after it announced a 10 to 1 stock split and 197 percent respectively. Express Catering climbed 86 percent, Stationery and Office Supplies up 65 percent and CAC 2000 up 51 percent.
The big losers in the main market are, Ciboney, having sold off the property it owned and paid out most of the proceeds as a dividend is down 68 percent, 138 Student Living fell 35 percent, Kingston Properties 31 percent, Wisynco Group 24 percent, Portland JSX 20 percent and in the Junior Market, GWEST Corporation down 36 percent, AMG Packaging 33 percent, tTech 23 percent, Knutsford Express 23 percent and Eppley 17 percent.
Record 345,208 points close for AJI – Friday
Chart showing the All Jamaica Composite Index in upward move from December 2017 and now at the highest closing level ever.
The All Jamaican Composite Index of the Jamaica Stock Exchange closed above 345,000 points for the first time ever but fell short of the record high of 345,208.15 reached in the early morning session on Thursday.
At the close, the All Jamaican Composite Index gained 980.10 points to end at a record close of 345,050.21 and the JSE Index advanced by 892.98 points to a record close at 314,379.69. The move on Friday is the fifth straight record close for the market since the previous week Friday.
Trading in the main market ended with 4,818,830 units valued at $56,754,894, compared to 4,999,824 units valued at $34,788,166 on Thursday.
Market activities resulted in 29 securities trading including 3 in the US dollar market compared to 31 securities trading on Thursday. At the end of trading, the prices of 9 stocks rose, 9 declined and 11 traded unchanged.
The day’s volume was led by, Jamaica Stock Exchange trading 1,993,806 shares for 41.38 percent of the day’s traded volume Mayberry Equities closed trading with 469,705 units or 9.75 percent of shares trading and Radio Jamaica ended trading with 389,089 units and accounting for 8.07 percent of the day’s volume.
Major price changes| Carreras traded 333,862 shares but lost 30 cents to close at $9, Caribbean Cement rose 49 cents and finished at $41.50, with 119,028 shares, Kingston Wharves concluded trading at $52.50, with 8,815 shares after gaining 40 cents. Mayberry Investments jumped $1.25 to a 52 weeks’ high of $8.25 trading 118,800 shares and after pulling back from $8.40 earlier in the day, PanJam Investment concluded trading of 7,340 shares at $52.55, after rising $1.55 and Scotia Group traded 349,178 units and rose 8 0 cents to end at $53.
Trading in the US dollar market closed with 40,481 units valued at US$10,641 as JMMB Group 6 percent preference share completed trading of 3,000 stock units and fell 1 cents to end at $1.04, Productive Business Solution ended trading 1,000 shares to close at 59 US cents and Proven Investments closed at 19 US cents trading 36,481 shares. The JSE USD Equities Index close unchanged at 155.14.
Trading resulted in an average of 185,340 units valued at an average of $2,182,8811 for each security traded, in contrast to 185,179 units valued at an average of $1,288,451 on Thursday. For the month to date an average of 185,258 units traded for an average of $1,727,278. July closed with an average of 169,022 units valued at $3,514,756, for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with bids higher than their last selling prices and 2 closing with lower offers.
Record close for JSE – Thursday
The All Jamaican Composite Index of the Jamaica Stock Exchange surged to more than 345,000 points in the early morning session on Thursday but failed to hold on at that level but still managed to end at a new record close.
At the close, the All Jamaican Composite Index held on to just 119.17 points of the early gains to end at a record closing high of 344,070.11 and the JSE Index clung to 108.58 points to end at record closing high of 313,486.71.
Trading in the main market ended with 4,999,824 units valued at over $34,788,166 compared to 34,917,482 units valued at $108,176,982 on Tuesday.
Market activities resulted in 31 securities trading including 4 in the US dollar market compared to 29 securities trading on Tuesday. At the end of trading, the prices of 14 stocks rose, 8 declined and 9 traded unchanged.
The day’s volume was led by, Mayberry Investments trading 1,003,340 shares to close at $7, after it traded at an intraday 52 weeks’ high of $7.60 JMMB Group 7.5% preference share closing at $1, in trading 952,000 shares and Mayberry Equities closed trading at $8.50 with 522,731 shares trading.
Major price changes| Grace Kennedy traded at an intraday 52 weeks’ high of $56.70 but ended trading at a 52 weeks’ closing high of $56.01. Jamaica Producers rose 30 cents to $17, trading 5,988 stock units, Mayberry Equities lost 55 cents trading 522,731 shares to end at $8.60, PanJam Investment concluded trading 51,973 shares at $51, after falling $1.54, Sagicor Group shed 40 cents and settled at $38.10, with 21,574 shares trading, Scotia Group traded 13,284 units and rose $1.10 to end at $52.20 and Sterling jumped $1.50 and finished trading at $13.50, with 2,952 shares changing hands.
Trading in the US dollar market closed with 98,429 units valued at US$87,029 as JMMB Group 6 percent preference share completed trading 80,000 stock units at $1.05, Margaritaville ended trading 10,524 shares to close at 16.9 US cents and Proven Investments rose 1 cent to 19 US cents trading 5,105 shares. The JSE USD Equities Index rose 1.62 points to 155.14.
Trading resulted in an average of 185,179 units valued at an average of $1,288,451 for each security traded. In contrast to 1,342,980 units for an average of $4,160,653 on Tuesday. July closed with an average of 169,022 units valued at $3,514,756, for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and 2 closing with lower offers.
JSE jumps 3000 points to record close – Tuesday
The main market of the Jamaica Stock Exchange hit several new record highs throughout the trading session on Tuesday and ended with strong gain to close just below the 344,000 points level.
At the close, the All Jamaican Composite Index jumped 3,071.05 points at 343,950.94 and the JSE Index climbed 2,798.07 points to close at 313,378.13. Earlier in trading session, the All Jamaica hit a new intraday high of 341,987.04 points and the JSE Index 311,588.81.
Trading in the main market ended with 34.917.482 units valued at $108,176,982 versus 2,332,453 units valued at $28,665,085 on Monday.
Market activities resulted in 29 securities trading including 3 in the US dollar market compared to 31 securities trading on Friday. At the end of trading, the prices of 15 stocks rose, 8 declined and 6 traded unchanged.
The day’s volume was led by, JMMB Group 7.5% preference trading 27,800,000 shares at 99 cents, Jamaica Stock Exchange closing at $7.30, with 2,972,200 shares, and Carreras concluding trading at $9.47 with 1,071,337 units.
Major price changes| Carreras concluded trading at $9.47, after rising 47 cents with 1,071,337 units, Grace Kennedy jumped $3 to $56 in trading 161,314 shares, Jamaica Broilers rose 40 cents to $25.90, trading 9,471 stock units. JMMB Group climbed $1.90 and ended at $29.90, exchanging 1,700 shares, Mayberry Equities traded with a gain of $1.59 to end the day at $9.15 with 963,295 units trading, Sagicor Group gained 50 cents and settled at $38.50, with 14,775 shares, Scotia Group traded 57,671 units but fell $1 to end at $51.10 and Seprod shed $1.50 and finished trading at $32.50, with 2,529 shares changing hands.
Trading in the US dollar market closed with 7,827 units valued at US$6,500 as JMMB Group completed trading at $1.05 with 5,586 stock units and Productivity Business ended trading with a gin 
of 9 cents at 59 US cents with 541 shares changing hands and Proven Investments lost 1 cent to 18 US cents with 1,700 shares trading The JSE USD Equities Index rose 5.76 points to 153.52.
Trading resulted in an average of 1,342,980 units valued at over $4,160,653, in contrast to 80,429 shares valued at $988,451 on Monday. The average volume and value for the month to date amounts 169,022 units valued at $3,514,756 compared to 173,907 units valued at $3,499,633 on Friday. June closed with an average of 250,168 shares with a value of $5,895,281, for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 12 stocks ended with bids higher than their last selling prices and 3 closing with lower offers.
Another record close for JSE stocks – Monday
The main market of the Jamaica Stock Exchange closed at a new record high on Monday at the end of a moderate trading session, following Friday’s record closing high, as technical indicators points to the market hitting over 380,000 points before hitting major resistance.
At the close, the All Jamaican Composite Index advanced by 444.90 points at 340,879.89 and the JSE Index gained 405.35 points to close at 310,580.06. Earlier in trading session, the All Jamaica hit a new intraday high of 341,987.04 points and the JSE Index 311,588.81.
Trading in the main market ended with 2,332,453 units valued at $28,665,085 compared to 5,657,684 units valued at $158,095,077 on Friday.
Market activities resulted in 31 securities trading including 2 in the US dollar market compared to 25 securities trading on Friday. At the end of trading, the prices of 13 stocks advanced, 11 declined and 7 traded unchanged.
The day’s volume was led by, Radio Jamaica with 649,627 shares, Carreras with 596,249 units and 1834 Investments Limited with 250,000 units.
Major price changes| Barita Investments gained 51 cents to end at $9.51 trading 938 shares, Berger Paints traded just 200 shares changing hands, with the price falling 50 cents to $19, Grace Kennedy added 40 cents to $53, with 18,100 stock units trading, Jamaica Broilers lost 50 cents and closed trading at $7.50 trading 6,857 shares. JMMB Group traded 173,185 shares but fell 50 cents to $28, Kingston Wharves jumped $1.95 to $52.05 in trading 5,534 units, NCB Financial Group rose 51 cents in trading 90,387 shares at $100.52, Proven Investments fell 50 cents trading 12,235 shares at $26, Sagicor Real Estate Fund settled at $14.50, after slipping 45 cents in trading 35,365 shares, Salada Foods jumped $3.39 to end at $15.89, exchanging just 370 units, Scotia Group gained 60 cents in trading 10,980 units at $52.10 and Seprod finished trading at $34.00, after jumping $1.99 with 11,556 shares changing hands.
Trading in the US dollar market closed with 170,635 units valued at US$27,064 as Proven Investments rose 1 cent to 19 US cents with 112,235 shares trading and Sygnus Credit Investments closed with 58,400 units trading at 10 US cents. The JSE USD Equities Index rose 3.05 points to 147.76.
Trading resulted in an average of 80,429 units valued at an average of $988,451 for each security traded. In contrast to 245,986 units for an average of $6,873,699 on Friday. The average volume and value for the month to date amounts 169,022 units valued at $3,514,756 compared to 173,907 units valued at $3,499,633 on Friday. June closed with an average of 250,168 shares with a value of $5,895,281, for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ended with bids higher than their last selling prices and 5 closing with lower offers.
Record high for JSE stocks – Friday
The main market of the Jamaica Stock Exchange jumped to new record highs at the end of trading on Friday, after trading at an intraday record high of 341,378.20 on the All Jamaica Composite Index.
At the close, the All Jamaican Composite Index jumped 1,753.85 points to a closing record high of 340.434.99 and the JSE Index climbed 1,597.96 points to end at a record closing high of 310,174.71.
Trading in the main market ended with 5,657,684 units valued at $158,095,077 compared to 12,872,984 units valued at $191,208,699 on Thursday.
Market activities resulted in 25 securities trading including 2 in the US dollar market compared to 26 securities trading on Thursday. At the end of trading, the prices of 8 stocks advanced, 13 declined and 4 closed unchanged.
The day’s volume was led by Carreras with 1,409,425 units and 24.91 percent of the day’s volume, followed by Grace Kennedy with 1,066,861 units accounting for 18.86 percent of the day’s volume and NCB Financial Group with 590,804 units or 10.44 percent of the total volume.
Stocks with major price changes are, Caribbean Cement climbing $1.49 trading 19,732 shares at $41.50, Grace Kennedy that rose 53 cents to $52.60, with 1,066,861 stock units trading. Jamaica Broilers adding 70 cents, closing trading at $26 trading 502,394 shares. Kingston Wharves dropped $2.89 to $50.10 in trading 600 shares. NCB Financial Group jumped $3.01 and ended trading at $100.01, Sagicor Group settled at $38, after falling 99 cents in trading 17,126 shares, Scotia Group lost 50 cents in trading 50,560 units at $51.50, Seprod ended at $32.01, after shedding $1.99 in trading 1,780 shares, Sterling Investments rose 50 cents and end at $12, with 60,000 units and Sygnus Credit Investments closed with 88,360 units trading at $12.50 after falling 50 cents.
Trading in the US dollar market closed with 502,180 units valued at US$50,395 as Proven Investments rose 0.99 cent to 18 US cents with 2,180 shares trading and Sygnus Credit Investments closed with 500,000 units trading with a decline of 0.5 cents to 10 US cents. The JSE USD Equities Index rose 2.42 points to 144.71.
Trading resulted in an average of 245,986 units valued at an average of $6,873,699 compared to 252,649 units valued at an average of $5,757,925 for each security traded on Thursday. The average volume and value for the month to date amounts 173,907 units valued at $3,499,633 compared to 165,957 units valued at $3,192,366 on Thursday. June closed with an average of 250,168 shares with a value of $5,895,281, for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and 2 closing with lower offers.
Falling JSE stocks beat out gainers
The main market of the Jamaica Stock Exchange suffered moderate losses in the main indices with just over 30 points drop at the close on Thursday as advancing stocks out-paced decliners.
At the close, the All Jamaican Composite Index lost just 38.40 points to close at 337,480.52 and the JSE Index fell a mere 34.99 points to close at 307,482.85.
Trading in the main market ended with 12,872,984 units valued at $191,208,699 compared to 12,872,984 units valued at $191,208,699 on Wednesday.
Market activities resulted in 26 securities trading including 3 in the US dollar market compared to 26 securities trading on Wednesday. At the end of trading, the prices of 11 stocks advanced, 13 declined and 7 closed unchanged.
NCB Financial released third quarter results to June, after the market closed, with net profit attributable to stockholders increasing 40 percent to $20.7 billion, from $5.9 billion in the prior year’s nine months period. The group recorded $4.4 billion in one off gains from the acquisition of the majority shares in Clarien bank in Bermuda.
The day’s volume was led by, PanJam Investment that closed at $52.65, with 2,20,403 stock units, Radio Jamaica with 1,082,403 shares, JMMB Group 7.5% preference share trading 943,000 units, Carreras with 791,670 units and Berger Paints with 600,602 shares.
Stocks with major price changes are, Berger Paints with 600,602 shares changing hands with the price gaining 68 cents to $19.50 Caribbean Cement dropped 99 cents in trading 11,500 shares at $40.01, Carreras with 791,670 units but fell 50 cents to $9, Grace Kennedy lost 93 cents to $52.07, with just 6,600 stock units trading, Jamaica Stock Exchange shed 49 cents and closed trading at $7.50 trading 6,857 shares. JMMB Group 59,948 shares but fell $1.49 to $28.51, Kingston Wharves jumped $2.09 to $52.99 in trading 10,715 units. NCB Financial Group rose 50 cents and ended trading with 17,389 shares at $97, Sagicor Group settled at $38.99, after rising 49 cents in trading 31,626 shares, Sterling Investments rose 98 cents and end at $11.50, with 1,141 units and Supreme Ventures ended at $16, after gaining 90 cents in trading 26,089 shares.
Trading in the US dollar market closed with 328,462 units valued at US$40,221 as Margaritaville rose 0.10 cent and ended at 16.90 US cents with 900 shares and Productivity Business ended trading 6 cents lower to 50 cents with 541 shares, Proven Investments lost 1.09 cents to 17.01 US cents with 72,171 shares trading and Sygnus Credit Investments closed with 254,850 units trading with a decline of 1.5 cents to 10.50 US cents. The JSE USD Equities Index fell 9 points to 142.29.
Trading resulted in an average of 252,649 units valued at an average of $5,757,925 compared to 559,695 units valued at an average of $8,313,422 for each security traded on Wednesday. The average volume and value for the month to date amounts 170,611 units valued at $3,337,283 compared to 165,957 units valued at $3,192,366 on Wednesday. June closed with an average of 250,168 shares with a value of $5,895,281, for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 10 stocks ended with bids higher than their last selling prices and 3 closing with lower offers.
