The Jamaica Stock Exchange main market had a big hit on Friday as declining stocks outnumbered advancing ones, 2 to 1 as investors marked prices of several stocks sharply down leading to a fall of more than 5,000 points in the all Jamaica composite Index.
At the close, the All Jamaica Composite Index plunged 5,207.13 points to close at 254,236.40, the JSE Market Index dived 4,744.29 points to 231,638.15 and the JSE US dollar market index gained 2.61 points to close at 175.65.
At the close of trading, 27 securities changed hands in the main market, with 1 trading in the US dollar market, and 1 in bond market. Activity led to 7 stocks advancing and 13 declining. The main market ended with 3,946,660 units valued at $78,337,785 changing hands compared to 1,498,592 units valued at $27,780,303 at the close on Thursday.
Trading in the US dollar market accounted for 832,819 units valued at US$188,222 bringing the total trade in all the markets to J$320,285,532.
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 1 with a lower offer.
The main market ended trading with an average of 146,173 units valued at $2,901,399 for each security traded compared to an average of 59,944 units valued at $1,111,212. The average volume and value for the month to date ended at 134,528 units with an average value of $3,095,516 compared with an average of 131,617 units with an average value of $3,144,045 on the previous trading day. The average volume and value for June ended at 218,951 units with an average value of $3,871,959.
In market activity, Berger Paints closed at $14.80, losing $1.90 in trading 2,182 shares, Cable and Wireless lost 5 cents and closed at $1.05, with 588,717 stock units switching owners, Caribbean Cement traded 30 cents lower to close at $27.50 in exchanging 2,927 shares, Carreras traded $1 lower after closing at $88 with 3,396 shares changing hands. Grace Kennedy closed at $41.99, losing 1 cent in trading 39,817 units. Jamaica Broilers exchanged 2,000 shares at $18, Jamaica Producers lost 56 cents to close at $14.45, with 12,939 shares switching owners. 
Jamaica Stock Exchange ended at $6.40 trading 28,978 shares, JMMB Group closed at $18.60, with a loss of 90 cents in exchanging 18,126 units, Kingston Properties traded 2,569 units at $8, Kingston Wharves closed at $30.50, with gains of 50 cents from the trading of 6,400 shares, Mayberry Investments gained 14 cents to close at $4.69, with 15,113 shares changing hands. NCB Financial Group rose 50 cents and closed at $70.50, after exchanging 6,291 shares, 1834 Investments lost 3 cents in closing at $1.32 with 14,400 shares traded, PanJam Investment gained 15 cents to close at $34.25, with 355,285 units changing hands, Portland JSX exchanged 1,000 units at $10.01, Proven Investments traded 1,387,365 shares at $24.01, Pulse Investments lost 50 cents to close at $3, with 37,114 shares changing hands, Radio Jamaica shed 10 cents lower to close at $1.50 with 100,638 shares trading. Sagicor Group closed at $30, with a loss of $3 trading 10,436 shares, Sagicor Real Estate Fund traded 1,800 units at $12.24, Scotia Group traded $1 lower, to end at $42 with an exchange of 617,719 shares, Scotia Investments traded 11,395 shares ad closed at $36.01, Sterling Investments closed at $14.05, with a loss of $1.45 and 2,000 shares changing ownership while Supreme Ventures gained 50 cents to close at $7.50 and with an exchange of 5,500 shares. Proven Investments US ordinary shares closed at 22 US cents in trading 832,819 units, JMMB 7.5% preference share gained 15 cents to close at $2 in exchanging 671,301 units, JMMB Group7.25% preference share rose 6 cents, closing at an 52 weeks’ high of $1.55, with 1,252 units changing hands and ISP Finance bond traded 207,000 units at $1.
The average volume and value for the month to date ended at 155,508 units with an average value of $3,821,656 compared with an average of 127,255 units with an average of $3,199,719 on the previous trading day. The average volume and value for June ended at 218,951 units with an average value of $3,871,959.
Kingston Properties traded 95 cents lower to close at $9, with 4,000 units changing hands, Kingston Wharves closed at $29, losing 50 cents while trading 5,165 shares, Mayberry Investments closed at $4.60, with 3,000 shares changing hands. NCB Financial Group climbed $1.45 to close at $70, after exchanging 768,259 shares, 1834 Investments added 15 cents, in closing at $1.50 with 30,292 shares traded, PanJam Investment closed at $34.50, losing 70 cents with trades of 18,348 shares, Proven Investments lost 1 cent to close at $24 exchanging 2,439,750 shares, Pulse Investments closed at $3.50, with a loss of 85 cents and 22,500 shares changing hands, Radio Jamaica traded 86,675 shares at $1.60. Sagicor Group closed at $33.50, with gains of 40 cents trading 28,638 shares, Sagicor Real Estate gained 14 cents to close at $12.24 exchanging 1,015 units. Scotia Group traded $2.45 lower, closing at $42.55 with an exchange of 10,927 shares, Scotia Investments closed at $36.01, losing $1.99 with 42,553 shares changing hands, Seprod traded 29,647 shares at $30 while Supreme Ventures closed at $7.77, with an exchange of 73,630 shares. Margaritaville Turks US ordinary share closed at 32 US cents, with trades of 34,800 units, Proven Investments US ordinary share closed at 22 US cents trading 1,833,841 units, JMMB Group 7.5% preference share lost 1 cent, closing at $1.10 with 1,309,213 units exchanged and JMMB 7.5% preference share closed at $1.85, with 171,442 units traded.
Main market stocks declined on the Jamaica Stock Exchange at the close on Tuesday and just barely taking a small bite out of the strong gains on Monday. At the close, the All Jamaica Composite Index declined 335.47 points to close at 259,509.13, the JSE Market Index fell 305.65 points to 236,442.21 and the JSE US dollar market index dropped 5.99 points to close at 174.47. 
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 3 with lower offers.
NCB Financial Group closed at $68.55, with a loss of $1.45 after exchanging 145,990 shares, PanJam Investment closed at $35.20, losing 31 cents with trades of 16,532 shares, Portland JSX lost 99 cents, with 1,052 units traded, Proven Investments added 1 cent to close at a 52 weeks’ closing high of $24.01 in exchanged for 2,200,900 shares, Pulse Investments closed at a new high of $4.35, with gains of 60 cents and with 65,062 shares changing hands. Radio Jamaica traded 69,640 shares at $1.60, Sagicor Group closed at $33.10, with gains of 50 cents in trading 147,145 shares, Sagicor Real Estate Fund exchanged 1,000 units at $12.10. Scotia Group closed at $45, with a loss of 70 cents and an exchange of 42,725 shares while Supreme Ventures closed at $7.77, and lost 1 cent with 50,318 shares changing hands. Proven Investments US ordinary shares, closed at 22 US cents, having lost 0.02 US cent trading 2,068,184 units, JMMB Group US 6% preference share gained 0.02 US cents to close at US$1.12 with trades of 15,718 units, JMMB Group 7.5% preference share lost 2 cents, closing at $1.11 with 51,966 units exchanged and JMMB 7.5% preference share closed at $1.85, with 2,200 units traded.
The main market ended trading with an average of 120,748 units valued at $3,117,741 for each security traded compared to an average of 66,606 units with an average value of $1,151,010 on Friday. The average volume and value for June ended at 218,951 units with an average value of $3,871,959.
Mayberry Investments closed at $4.60, losing 50 cents with an exchange of 888 shares. NCB Financial Group closed at $70, after exchanging 107,711 shares, PanJam Investment closed at $34.89, with 36,102 shares changing hands, Portland JSX traded 1,002 units at $11, Pulse Investments closed at a new high of $3.75 after a 6 for 1 stock split, with 58,504 shares changing hands, Sagicor Group closed at $32.60, with a loss of 49 cents trading 19,778 shares, Sagicor Real Estate fund gained 10 cents to close at $12.10, with 8,519 shares changing owners. Scotia Group accounted for 46 percent of the volume traded in the market and the price jumped $2.70 to close at $45.70, with 1,337,205 shares having been traded, Seprod added $1.93 to close at $30 in exchanging 7,966 shares while Supreme Ventures closed at $7.78, with a rise of 33 cents with 12,351 shares changing hands. Proven Investments US ordinary shares closed at 23 US cents, with an exchange of 83,800 units, JMMB Group 7.5% preference share closed at $1.13, with 996,000 units exchanged, JMMB 7.5% preference share closed at $1.85, with 26,358 units traded and Proven 8.25% preference share lost 5 cents to close at a 52 weeks’ low of $5.10, with 27,294 units traded.
Investors in Proven Investments US ordinary shares a strong message to the management of the group by talking with their money. Last week, the company’s shares were sold at $20 and less in the Jamaican dollars on the main market of the stock exchange when the price in the US dollar market was near J$31. 
The main market ended trading with an average of 88,137 units valued at $2,092,927 for every security traded compared to an average of 74,329 units valued at $1,781,396 on Monday. The average volume and value for the month to date ended at 243,952 units with an average value of $4,245,530 compared with an average of 252,609 units with an average value of $4,365,119 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
Pulse Investments closed at $17.99, losing 1 cent with an exchange of 500 shares, Sagicor Group closed at $34.53, gaining 43 cents trading 48,115 shares and Sagicor Real Estate fund lost 60 cents to close at $11, with 146,392 shares changing hands. Scotia Group closed at $45.50, with gains of $2.99 exchanging 324,221 shares, Scotia Investments closed at $36.58, with a loss of 42 cents trading 194 units, Seprod traded $2 lower to close at $28, with an exchange of 6,700 shares while Supreme Ventures closed at $7.65, gaining 24 cents with 86,000 shares changing owners. Proven Investments US ordinary shares closed at 23 US cents, losing 0.01 US cent with trades of 1,828,601 units, JMMB 7.5% preference share lost 5 cents to close at $1.85 exchanging 75,500 shares, JMMB Group 7.5% preference share closed at $1.13 trading 329 units and Proven Investments 8.25% preference share traded 119,300 units at $5.17.
Trading in the main market of the Jamaica Stock Exchange closed on Monday with a number of stocks declining out pacing those rising. The volume and value of stocks trading declined compared to that on Friday and the market indices trended lower. 
The main market ended trading with an average of 74,329 units valued at a mere $1,781,396 for every security traded compared to an average of 77,182 units valued at a mere $5,040,005 on Monday. The average volume and value for the month to date ended at 252,609 units with an average value of $4,365,119 compared with an average of 263,096 units with an average value of $4,517,103 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
Kingston Properties closed at $9.95 losing 5 cents exchanging 2,000 shares, Kingston Wharves jumped $4 higher to close at $30 trading 3,402 shares. Mayberry Investments closed at $5, losing 19 cents with 2,000 shares traded, NCB Financial Group closed at $70, with a loss of $1.50 after exchanging 34,098 shares and falling to $68 in early morning trading. 1834 Investments closed at $1.45, losing 5 cents with 33,000 units changing hands, 138 Student Living exchanged 10,600 units at $4.50, PanJam Investment gained 10 cents to close at $34.10, with trades of 6,287 shares. Proven Investments traded $2 higher to close at record high of J$21, in exchanging 48,000 shares in the main market, Pulse Investments closed at $18, with an exchange of 4,048 shares, Radio Jamaica traded 185,000 shares at $1.50, Sagicor Group closed at $34.10, losing 9 cents trading 93,100 shares. Scotia Group dropped $2.19 to close at $42.51, exchanging 336,471 shares while Supreme Ventures closed at $7.41, losing 9 cents with 6,058 shares changing owners. Proven Investments US ordinary shares closed at 24 US cents, with trades of 203,960 units, JMMB Group 7.5% preference share closed at $1.13, gaining 1 cent with an exchange of 4,471 units and Jamaica Producers traded 425,000 units of corporate bond at $100 each.
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.
amaica Producers traded $1 higher to $16, with 18,695 units being exchanged. Jamaica Stock Exchange closed at $7 trading 20,747 shares, 
The main market ended trading with an average of 1,473,651 units valued at $4,820,484 for each security traded compared to an average of 88,100 units valued at $2,799,447 on Monday. The average volume and value for the month to date ended at 97,758 units with an average value of $2,120,059 compared with an average of 194,786 units with an average value of $4,462,018 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
Mayberry Investments closed at $5.19, with a loss of 1 cent trading just 100 shares, NCB Financial Group closed at $71, losing 50 cents after exchanging 12,063 shares, 1834 Investments closed at $1.52, gaining 2 cents with 146,021 units changing hands, 138 Student Living traded 52,600 units at $4.50, Palace Amusement closed at $390 exchanging 197 units, PanJam Investment gained 50 cents to close at $34.50, with trades of 19,773 shares. Proven Investments traded 10,395 shares at $19.51, well below the approximate $30 the same share traded at in the US dollar market. Pulse Investments added 50 cents to close at $18, with an exchange of 7,500 shares, Radio Jamaica gained 5 cents, closing at $1.65 with 37,357,068 shares trading, Sagicor Group closed at $34.51, gaining 1 cent trading 1,800,807 shares, Sagicor Real Estate Fund gained 35 cents to close at $11.50, with trades of 13,246 shares. Scotia Group closed at $44, with gains of $1.47 exchanging 250 shares while Supreme Ventures added 34 cents, closing at a 52 weeks’ high of $7.79, with 10,230 shares changing owners. Proven Investments exchanged 226,255 ordinary shares at 24 US cents, Proven 8.25% preference share lost 20 cents, closing at $5.20, with 136,900 units traded and Jamaica Money Market Brokers 7.5% preference share gained 10 cents to close at $2, with 8,966 units changing hands.
The main market ended trading with an average of 88,100 units valued at a mere $2,799,447 for every security traded compared to an average of 140,556 units valued at $8,877,187 on Tuesday. The average volume and value for the month to date ended at 194,786 units with an average value of $4,462,018 compared with an average of 202,407 units with an average value of $4,580,773 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
NCB Financial Group closed at $71.50, losing 50 cents after exchanging 167,790 shares, 1834 Investments closed at $1.50, with 35,444 units changing hands, 138 Student Living gained 2 cents to close at $4.50, with 10,000 units, Palace Amusement jumped $50 and closed at a new all-time high of $390, trading 200 units, PanJam Investment exchanged 58,141 shares to gain 1 cent and end at $34. Pulse Investments traded 50 cents higher to close at $17.50, with an exchange of 4,756 shares, Radio Jamaica exchanged 85,169 shares at $1.60,Sagicor Group closed at $34.50, gaining 30 cents, trading 717,539 shares. Scotia Group closed at $42.53, after losing $1.02 in exchanging 510,077 shares, Scotia Investments closed at $37 with 22,356 units changing hands while Supreme Ventures gained 45 cents and closed at $7.45, with 111,000 shares trading. Proven Investments closed at 24 US cents, with a loss of 0.02 US cents, trading 183,292 ordinary shares, Margaritaville Turks lost 0.01 US cent to close at 34 US cents exchanging 13,900 units, JMMB 7.5% preference share lost 10 cents to close at $1.90, with 7,850 units changing hands and Proven 8.25% preference share gained 20 cents, closing at $5.40, with 5,200 units traded.
The main market of the Jamaica Stock Exchange recovered all the losses it incurred on Thursday and Friday and more putting it back ahead of the closing level at the end of trading on Monday last week but below the close of the prior trading day. The All Jamaica Composite Index jumped 2,627.40 points to close at 259,160.39, the JSE Market Index climbed 2,393.86 points to 236,124.47 and the JSE US dollar market index gained 12.75 points to 200.45. 
The average volume and value for the month to date ended at 207,165 units with an average value of $4,250,279 compared with an average of 214,963 units with an average value of $4,508,789 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
Mayberry Investments gained 30 cents to close at $5.30, trading of 17,037 units, NCB Financial Group traded $1 higher to close at $72, after exchanging 14,563 shares, 1834 Investments closed at $1.50, gaining 15 cents with 12,600 units changing hands, PanJam Investment gained 69 cents, in closing at $33.99 trading 672 shares. Portland JSX closed at $10, with gains of 5 cents, exchanging 20,000 units, Pulse Investments traded 50 cents lower to close at $17, with 1,649 shares changing owners, Sagicor Group closed at $34.20, losing 54 cents while trading 33,954 shares. Salada Foods closed at $10, with an exchange of 1,428 units, Scotia Group gained 55 cents to end at $43.55, trading 69,399 shares, Seprod lost 50 cents to close at $29, with 1,000 units traded while Supreme Ventures closed at $7.50, after gaining 24 cents with 71,331 shares changing hands. Proven Investments closed at 26 US cents, with gains of 0.02 US cents in trading 5,100 ordinary shares, JMMB 7. 5% preference share closed at $2, gaining 10 cents with an exchange of 50,000 units and ISP Finance bond traded 5,000 units at a record of $1.10 to gain 10 cents.