Trading in the main market of the Jamaica Stock Exchange closed on Monday with main indices rising as 24 securities changed hands and with 2 trading in the US dollar market. At the close, 8 stocks advanced and 6 declined with very low level of trading.
Trading in the main market ended at 836,055 units valued at $14,784,987 compared to 4,417,748 units valued at $73,092,399 at the close on Friday. Trading in the US dollar market accounted for 6,430 units valued at US$6,926.
The All Jamaica Composite Index advanced 922.05 points to close at 258,211.03, the JSE Market Index rose 840.09 points to finish at 235,259.48 and the JSE US dollar market index closed unchanged at 215.59.
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 9 stocks with bids higher than their last selling prices and 2 with lower offers.
The main market ended trading with an average of 34,836 units valued at $616,041 per security traded, compared to an average of 152,336 units valued at $2,520,428 on Tuesday. The average volume and value for the month to date ended at 374,915 units with an average value of $5,236,889 compared with an average of 392,814 units with an average value of $5,480,092 on the previous trading day. The average volume and value for April ended at 382,748 units with an average value of $5,254,387.
In market activity, Berger Paints closed at $20, gaining $1 while exchanging 49,814 shares, Cable and Wireless closed at $1.30, with 268,988 shares changing hands, Caribbean Cement traded 25 cents lower to close at $28 with 17,316 shares. Carreras closed at $80, with 10,397 shares changing hands and closed with the bid at $81, Grace Kennedy closed at $41 trading 49,831 units, Jamaica Broilers traded 23,833 shares at $18, Jamaica Producers gained 1 cent to close at $16.01, with trades of 22,355 shares, Jamaica Stock Exchange closed at $7.30, with gains of 30 cents while trading 1,602 shares. JMMB Group lost 20 cents to close at $19.80 with 20,100 units, Kingston Wharves gained $1.50 to close at $32, with 7,444 units trading, Mayberry Investments traded 40,050 shares at $4.90, with a loss of 40 cents. NCB Financial Group closed at $71 after gaining 1 cent in exchanging 61,352 shares, 1834 Investments closed at $1.40, with 25,232 shares changing owners, 138 Student Living exchanged 43,375 shares at $4.49, PanJam Investment closed at $35.50, losing 12 cents trading 65,096 shares. Pulse Investments traded 10,614 shares at $14.50, Radio Jamaica gained 5 cents to close at $1.70, with trades of 18,582 shares, Sagicor Group added 48 cents to close at $33.50 exchanging 14,500 shares, Sagicor Real Estate Fund lost 20 cents, closing at $10.60, with 9,981 units changing hands. Salada Foods closed at $8.50 trading 4,000 shares, Scotia Group closed at $42, with an exchange of 1,700 units, Sterling Investments closed at $15.50 trading 30,000 shares, Supreme Ventures lost 24 cents to close at $7.25 exchanging 10,893 shares. Proven Investments 8.25% preference share traded 29,000 units and rose 79 cents to $6, Proven Investments ordinary shares closed at 29 US cents, with 330 shares and JMMB Group USD 6% preference share gained 0.01 US cent to close at US$1.12, with 6,100 units changing hands.
JSE main market retreats on Wednesday
Trading in the main market of the Jamaica Stock Exchange closed on Wednesday with 26 securities changing hands with 1 trading in the US dollar market. At the close, 8 stocks advanced and 12 declined.
Trading levels in the main market ended at 1,213,938 units valued at $26,942,858 compared to 2,049,349 units valued at $29,749,255 at the close on Monday. Trading in the US dollar market accounted for 8,950 units valued at US$2,551.
The All Jamaica Composite Index declined 1252.85 points to close at 258,351.92 the JSE Market Index dropped 1,141.49 points to finish at 235,387.85 and the JSE US dollar market index advanced 11.73 points to close at 217.92.
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 8 stocks with bids higher than their last selling prices and 1 with a lower offer.
The main market ended trading with an average of 46,690 units valued at $1,036,264 per security traded, compared to an average of 81,974 units valued at $1,189,970 on Monday. The average volume and value for the month to date ended at 426,916 units with an average value of $5,892,603 compared with an average of 450,680 units and $6,196,124 on the previous trading day. The average volume and value for April ended at 382,748 units with an average value of $5,254,387.
In market activity, Berger Paints traded 9,963 shares at $19, Cable and Wireless closed at $1.35, with a loss of 2 cents exchanging 21,085 shares and Caribbean Cement traded 50 cents higher to close at $28.50 with trades of 84,386 units. Carreras exchanged 7,452 shares at $83, Grace Kennedy closed at $43, gaining 1 cent with trades of 55,130 units, Jamaica Broilers closed at $19.50, with gains of 95 cents, after 42,750 shares changed hands, Jamaica Producers gained 1 cent to close at $16, with an exchange of 38,937 shares and Jamaica Stock Exchange lost 4 cents to close at $7.50 trading 3,917 shares. JMMB Group closed at $19.99, losing 2 cents with trades of 20,721 units, Kingston Properties traded for the first time after last week’s 2 for 1 stock split and jumped $1.70 to close at a new record high of $10 exchanging 7,820 shares, Kingston Wharves fell $2.10 to close at $29.40, with an exchange of 11,200 units, Mayberry Investments gained $1.12 to close at $5.30, with 200 shares changing hands, NCB Financial Group closed at $71.50, losing 50 cents after trading 13,881 shares, 1834 Investments gained 1 cent to close at $1.46, with trades of 2,800 shares, 138 Student Living exchanged 32,606 shares at $4.49, PanJam Investment closed at $35.50, with a loss of 11 cents exchanging 14,745 shares. Radio Jamaica closed at $1.72, gaining 7 cents trading 10,616 shares, Sagicor Group closed at $32.50 with trades of 431,201 shares, Sagicor Real Estate fund closed at $10.65, losing 64 cents exchanging 10,599 units, Scotia Group closed at $42.10, with a loss of $1.20 trading 28,989 units, Scotia Investments traded 5,193 shares at $37.50, after losing 35 cents, Seprod dropped $4 to close at $30 exchanging 27,802 shares, strong>Sterling Investments traded 10,400 shares at $16.90 and Supreme Ventures lost 49 cents to close at $7, with trades of 75,850 shares. Proven Investments closed at 29 US cents trading 8,950 ordinary shares and JMMB Group 7.50% preference closed at $1.10 with trades of 243,195 units.
Trading drops for JSE stocks – Friday
Trading was light on the main market of the Jamaica Stock Exchange on Friday with stocks worth less than $12 million trading. The main and US dollar markets closed with just 20 securities changing hands down from 29 on Thursday with one trading in the US dollar market. At the close, 9 stocks advanced and 5 declined.
Trading levels in the main market ended at 827,534 units valued at $10,595,699 compared to 14,040,895 units valued at $147,385,397 at the close on Thursday. Trading in the US dollar market accounted for 32,400 units valued at US$9,396.
The All Jamaica Composite Index fell 248.73 points to close at 259,687.12 and the JSE Market Index lost 226.62 points to finish at 236,604.37. The JSE US dollar market index closed unchanged at 221.11.
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 2 with lower offers.
The main market ended trading with an average of 43,554 units valued at $557,668 per security traded, compared to an average of 540,034 units valued at $5,668,669 on Thursday. The average volume and value for the month to date ended at 518,349 units with an average value of $6,907,416 compared with an average of 557,915 units with an average value of $7,436,562 on the previous trading day. The average volume and value for April ended at 382,748 units with an average value of $5,254,387.
In market activity, Berger Paints fell 33 cents to close at $19.01 in exchanging 4,019 shares, Cable and Wireless lost 2 cents and closed at $1.38, with 85,946 shares changing hands, Caribbean Cement traded 35 cents higher to close at $30 with 4,269 units traded, Carreras rose 20 cents, closing at $83 with an exchange of 6,712 shares, Ciboney gained 4 cents to close at 22 cents, with 136,293 units trading, Grace Kennedy closed at $43, trading 10,384 units. Jamaica Broilers climbed 98 cents and closed at $19.98, with 22,237 shares changing ownership, Jamaica Producers fell 49 cents and closed at $15.50, with an exchange of 1,258 shares, Jamaica Stock Exchange fell 30 cents to close at $7.50 in trading 2,037 shares. JMMB Group closed at $20.50, with 52,945 units being exchanged, NCB Financial Group closed at $71.99 with a loss of 1 cent, after trading 9,368 shares, 138 Student Living traded 21,500 shares at $4.49, Portland JSX Fund closed at $10.10 with 31,275 shares changing hands, Radio Jamaica closed at $1.70 after gaining 1 cent, trading 68,244 shares, Sagicor Group closed at $33.50 with trades of 97,466 shares, Sagicor Real Estate Fund gained 1 cents and closed at $11, while exchanging 75,128 units, Sterling Investments gained 15 cents in closing at $16.90 with 1,000 shares being swapped, Scotia Group closed at $42 after rising 49 cents with 30,044 units changing hands, Supreme Ventures rose 10 cents to close at $7.50 trading of 167,409 shares and Proven Investments closed at 29 US cents trading 32,400 ordinary shares.
Jamaican stock in big mid-morning drop
Prices mostly retreated in mid-morning trading on Thursday on the Jamaica Stock Exchange main and Junior Market in early trading on Thursday.
The main market all Jamaica Composite index dropped by 3,661.69 points, at 10:45 AM the index hit 260,586.44 points and the main market index dived 3,336.22 to 237,423.75, the composite index fell 3,614.82 points to 254295.16 and the junior market Index dived 50.59 points to trade at 3,318.39.
In the Junior Market, Blue Power climbed to $45 from $39 with 1,000 shares but ISP Finance fell back to $30 from $35 with 3,476 shares trading. Caribbean Producers traded 1,300,064 units at $3.85 while Jetcon Corporation traded 152,103 units at $15 and Paramount Trading had 219,523 units changing hands at $3.05.
In the main market, Berger fell to $20 from $23.50, Jamaica Broilers traded down to $18, while Sagicor Group traded 2,274,978 shares down to $30.01 from $33.50.