The Jamaica Stock Exchange main market dropped on Friday, with falling stocks beating out advancing stocks more than 2 to 1.
The market ended, with 38 securities trading in the main and US dollar markets, leading to 10 securities advancing, 22 declining and 6 trading firm, compared to 39 securities trading on Thursday.
At the close, the All Jamaican Composite Index dropped 2,998.29 points to close at 576,618.48, the JSE Index fell 2,724.67 to 524,971.18 and the JSE Financial Index eased 0.30 point to end at 143.45.
Market activity ended with, 63,085,464 units valued $295,520,034, in contrast to 112,036,085 units valued at $229,695,201 crossing the main market on Thursday.
Wigton Windfarm was the leading trade with 33.8 million units accounting for 54 percent of total volume, Sagicor Select Fund followed with 19 million shares accounting for 30 percent of the day’s trade and Jamaica Broilers with 3.6 million shares for 5.6 percent of the main market’s volume.
Trading closed with an average 1,752,374 units valued at $8,208,890 for each security traded, in contrast to 3,028,002 units for an average of $6,207,978 on Thursday. 
The average volume and value for the month to date amounts to 2,063,336 units valued at $11,963,163 and previously, 2,084,261 units valued at $12,234,013. July closed with an average of 1,297,718 shares at $17,985,644 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ending with bids higher than their last selling prices and 5 with a lower offer.
In the main market activity, Barita Investments jumped $4.25 to end at $74.75 in trading 23,880 shares, Berger Paints gained $1 to close at $19 trading 80,204 shares, Eppley lost 60 to settle at $16.40 with 20,000 shares changing hands, Grace Kennedy dipped $1.10 to settle at $69.90 with an exchange of 29,028 shares. Jamaica Broilers traded 3,581,466 shares and declined $2 to settle at $33, Jamaica Stock Exchange dropped $1.49 to end at $31, trading 12,183 shares, JMMB Group lost 95 cents to end at $52 with 92,264 stock units trading, Kingston Properties declined $1.50 to close at $6 while exchanging just 2,000 shares. 
Kingston Wharves dived $6 trading 14,283 shares to close at $63, Mayberry Jamaican Equities exchanged 11,285 stock units with a loss of 90 cents to close at $12, NCB Financial lost $1 to settle at $210 with 107,367 shares changing hands. Sagicor Group shed $1.50 to close at $74 with 87,490 stock units trading, Salada Foods shed $1 to settle at $32 with 14,378 shares changing hands, Scotia Group dropped $1 to end at $55, trading 550,220 shares. Seprod lost $2 to settle at $52 with 49,815 shares changing hands, Supreme Ventures rose $1 to end at $27, in trading 131,179 shares and Sygnus Credit Investments added 23 cents to settle at $23.08 with 125,100 shares changing hands.
Trading in the US securities market resulted in 746,926 units valued at $103,603 changing hands. Proven Investments closed at 26 US cents with an exchange of 21,000 shares and Sygnus Credit Investments rose 0.5 cent in trading 725,926 shares to close at 13.5 US cents, leading the JSE USD Equities Index to lose 0.05 points to close at 193.66.
Modest gains for JSE main market – Thursday
The Jamaica Stock Exchange main market inched higher at the close of trading on Thursday, with advancing stocks outpacing declining ones by a good margin.
The market ended, with 39 securities trading in the main and US dollar markets, leading to 19 securities advancing, 12 declining and 8 trading firm, compared to 35 securities trading on Wednesday.
At the close, the All Jamaican Composite Index put on 457.63 points to close at 579,616.77, the JSE Index gained 415.87 points to end at 527,695.85 and the JSE Financial Index eased 0.15 point to end at 143.75.
Market activity ended with 112,036,085 units valued at $229,695,201, in contrast to 44,288,838 units valued at $313,609,087 crossed the main market on Wednesday.
Wigton Windfarm was the leading trade with 94.7 million units accounting for 85 percent of total volume, Sagicor Select Fund followed with 11.98 million shares accounting for 10 percent of the day’s trade and Ciboney Group with 1 million shares for one percent of the main market’s volume. Eppley 7.5% preference share lost 70 cents to settle at a 52 weeks’ low of $5.20 with 34,903 shares changing hands. 
Trading closed with an average of 3,028,002 units valued at an average of $6,207,978 for each security traded in contrast to an average of 1,302,613 units and $9,223,797 for each security traded on Wednesday. The average volume and value for the month to date amounts to 2,084,261 units valued at $12,234,013 and previously, 2,014,144 units valued at $12,716,617. July closed with an average of 1,297,718 shares at $17,985,644 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ending with bids higher than their last selling prices and 5 with a lower offer.
In the main market activity, Barita Investments dropped $4.50 to end at $70.50 in trading 28,203 shares, Berger Paints shed 80 cents to close at $18 trading 31,140 shares, Caribbean Cement climbed $3.50 to settle at $81 with 8,006 shares changing hands. Grace Kennedy gained 99 cents to settle at $71 with an exchange of 52,092 shares, Jamaica Broilers rose $1 to settle at $35 trading 60,206 shares, JMMB Group gained 46 cents to end at $52.95 with 179,254 stock units trading. Jamaica Producers dropped $3 to settle at $26 with 935,562 shares crossing the exchange, Jamaica Stock Exchange gained $2.49 to end at $32.49, trading 115,664 shares, NCB Financial climbed $4 to settle at $211 with 64,250 shares changing hands, 138 Student Living lost 50 cents trading 10,150 shares at $4. 
Proven Investments jumped $5 to end at $40, in trading just 100 shares, Sagicor Group gained 50 cents to close at $75.50 with 166,393 stock units trading, Sagicor Real Estate Fund lost 75 cents to settle at $11.25 with 2,870 shares changing hands, Scotia Group gained $1 to end at $56, trading 23,023 shares. Seprod climbed $3.99 to settle at $54 with 38,026 shares changing hands, Supreme Ventures lost $1.50 to end at $26, in trading 131,509 shares, Sygnus Credit Investments shed 63 cents to settle at $22.85 with 38,850 shares changing hands and Wisynco Group gained 51 cents to end at $24.51, trading 220,153 shares.
Trading in the US securities market resulted in 40,536 units valued US$5,537 changing hands. Proven Investments closed at 26 US cents with an exchange of 296 shares and Sygnus Credit Investments ended trading 40,240 shares to close at 13 US cents, leading the JSE USD Equities Index to rise 0.54 points to close at 193.71.
JSE main market drops – Wednesday
The Jamaica Stock Exchange main market got a big dent at the close of trading on Wednesday, with advancing stocks outpacing declining ones.
The market ended, with 35 securities trading in the main and US dollar markets, leading to 13 securities advancing, 10 declining and 12 trading firm, compared to 40 securities trading on Tuesday.
At the close of trading, the All Jamaican Composite Index dropped 3,636.12 points to 527,279.98, the JSE Index lost 3,636.12 points to end at 527,279.98 and the JSE Financial Index eased 0.95 points to end at 143.90.
Shares totaling 44,288,838 units valued at $313,609,087 crossed the main market on Wednesday, compared to 46,422,862 units valued at $317,831,700 changing hands on Tuesday. Wigton Windfarm was the leading trade with 21 million units accounting for 47 percent of total volume, Sagicor Select Fund followed with 18 million shares accounting for 41 percent of the day’s trade and PanJam Investment with 1.7 million shares for 4 percent of the main market’s volume.
Trading closed with an average of 1,302,613 units valued at an average of $9,223,797 for each security traded. In contrast to 1,289,524 units for an average of $8,828,658 on Tuesday. The average volume and value for the month to date amounts to 2,014,144 units valued at $12,716,617 and previously, 2,066,282 units valued at $12,994,084. July closed with an average of 1,297,718 shares at $17,985,644 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 12 stocks ending with bids higher than their last selling prices and 3 with a lower offer.
In the main market activity, Barita Investments declined $12 to settle at $75 in exchanging 23,629 shares, after the stocks went ex-rights at the close of Tuesday. Caribbean Cement lost $7 in trading 24,222 shares to close at $77.50, Grace Kennedy fell 99 cents in trading of 33,484 units at $70.01, Jamaica Producers gained $2.29 to end at $29, trading 2,800 shares. 
Jamaica Stock Exchange ended with a loss of $1 at $30 with 383,429 stock units changing hands, Mayberry Jamaican Equities gained $1 to end at $13 with 44,650 stock units trading, MPC Caribbean closed with a loss of $4 to close at 52 weeks’ low of $126 in swapping of 500 shares, NCB Financial gained $7 to end at $215 in trading 83,555 shares. Proven Investments dropped $5 in trading of 27,436 units to settle at $ 35, Proven Investments decline 5 cents in trading of 27,436 units at $ 35. Sagicor Real climbed $1 to settle at $12 with 101,700 shares changing hands, Scotia Group declined $1.99 cents in trading of 24,845 units to close at $55 and Seprod ended with a loss of $1 at $50.01 with 43,825 stock units changing hands.
Trading in the US securities market resulted in 50,000 units valued at $13,000 changing hands. Proven Investments closed at 26 US cents with an exchange of 50,000 shares, leading the JSE USD Equities Index to rise 1.70 points to close at 193.17.
JSE main market pulls back – Tuesday
The Jamaica Stock Exchange main market pulled back from the big gains on Monday, with declining stocks crushing advancers 5 to 2.
The market ended, with 40 securities trading in the main and US dollar markets, leading to 8 securities advancing, 20 declining and 12 trading firm, compared to 38 securities trading on Monday.
At the close of trading, the All Jamaican Composite Index dipping 416.40 points to 583,146.86, the JSE Index falling 378.40 points to end at 530,916.10 and the JSE Financial Index eased 0.01 point to end at 144.85.
Shares totaling 46,422,862 units valued at $317,831,700 crossed the main market on Tuesday, compared to 62,418,753 units valued at $201,661,918 changing hands on Monday. Sagicor Select Fund was the leading trade with 24.7 million units accounting for 53 percent of total volume, Wigton Windfarm followed with 15.2 million shares accounting for 33 percent of the day’s trade and Carreras with 1.1 million shares for 2.4 percent of the main market’s volume.
Trading closed with an average of 1,289,524 units valued at an average of $8,828,658 for each security traded, in contrast to 1,642,599 units valued at $5,306,893 on Monday. 
The average volume and value for the month to date amounts to 2,066,282 units valued at $12,994,084 and previously, 2,131,616 units valued at $13,376,623. July closed with an average of 1,297,718 shares at $17,985,644 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ending with bids higher than their last selling prices and 2 with a lower offer.
In the main market activity, Barita Investments dropped $2.90 to end at $87 with 12,289 stock units changing hands, Caribbean Cement gained $4.50 trading 6,400 units to end at $84.50, Grace Kennedy lost 95 cents trading 322,997 shares and ended at $71, Jamaica Broilers fell $1 to close at $34, with 312,672 stock units changing hands. Jamaica Producers lost $1.29 ended trading with 79,503 shares, at $26.71. Kingston Wharves rose $2.59 in ending trading of 963,108 shares, to end at $69, Mayberry Investments lost 84 cents in exchanging 2,500 shares to close at $9.15, Mayberry Jamaican Equities lost $1 trading 60,300 shares to close at $12. NCB Financial dropped $7 trading 220,273 shares to close at $208. Portland JSX rose 35 cents in trading 4,500 stock units at $7.88, 
Sagicor Group traded 37,004 shares and declined $1 to end at $75, Salada Foods fell $1 to close at $33 with just 400 units trading, Scotia Group added $1.99 to end at $56.99 with 101,771 shares changing hands. Seprod traded 1,022,951 stock units but fell 79 cents to close at $51.01, Stanley Motta rose 40 cents in closing at $6 while swapping 1,200 stock units, Supreme Ventures lost 50 cents to settle at $27.50 with 235,920 shares changing hands and Sygnus Credit Investments lost 53 cents trading 28,633 units to close at $23.48.
Trading in the US securities market resulted in 95,066 units valued at $18,066 changing hands. JMMB Group 6% preference share traded 2,000 units at US$1, Proven Investments lost 1 cent to close at 26 US cents with an exchange of 55,645 shares, Sterling Investments concluded trading 5,500 stock units at 3.5 US cents and Sygnus Credit Investments traded 96,539 shares to close at 13 US cents. The JSE USD Equities Index lost 2.07 points to close at 194.39.
Big surge in JSE main market – Monday
The Jamaica Stock Exchange main market made big gains at the close on Monday, with the All Jamaican Composite Index surging 10,406.91 points to 583,563.26 and the JSE Index jumping 9,457.20 points to end at 531,294.50.
At the close of trading, the JSE Financial Index rose 1.82 points to end at 144.86.
Shares totaling 62,418,753 units valued at $201,661,918 crossed the main market on Monday, compared to 187,828,591 units valued $1,490,463,769 changing hands on Friday.
Wigton Windfarm was the leading trade with 35.6 million units accounting for 57 percent of total volume. Sagicor Select Fund followed with 22.4 million shares accounting for 36 percent of the day’s trade and Mayberry Jamaican Equities with 1.7 million shares for 3 percent of the main market’s volume.
The market ended, with 40 securities trading in the main and US dollar markets, leading to 18 securities advancing, 13 declining and 9 trading firm, compared to 38 securities trading on Friday.
Trading closed with an average of 1,642,599 units valued at $5,306,893 for each security traded, in contrast to 5,366,531 units valued at $42,584,679 on Friday. 
The average volume and value for the month to date amounts to 2,131,616 units valued at $13,376,623 and previously, 2,179,264 units valued at $14,242,866. July closed with an average of 1,297,718 shares at $17,985,644 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ending with bids higher than their last selling prices and 2 with a lower offer.
In the main market activity, Barita Investments gained $1.90 to end at $89.90 with 12,263 stock units changing hands, Caribbean Cement gained $2.50 trading 95,327 units to end at $80, Grace Kennedy climbed $2.95 trading 6,571 shares and ended at $71.95, Jamaica Broilers rose $1 to close at $35, with 2,564,812 stock units changing hands. Jamaica Producers gained $1.35 ended trading with 6,148 shares, at $28, Jamaica Stock Exchange had 117,542 shares changing hands with a gain of $1.10 in ending at $30.90, JMMB Group gained $2.50 to end at $52.50 with 382,537 stock units trading, Kingston Properties rose 50 cents trading 1,500 shares to close at $7.50. 
Kingston Wharves ended trading with 10,163 shares, after declining by $2.59 to end at $66.41, Mayberry Investments rose $1.18 and exchanged 12,661 shares to close at $9.99, Mayberry Jamaican Equities added 90 cents in exchanging 1,660,033 shares to close at $13. NCB Financial climbed $7 trading 166,193 shares to close at $215. Proven Investments fell $1 in trading 650 stock units at $40, Scotia Group shed $1 to end at $55 with 85,932 shares changing hands, Stanley Motta lost 55 cents in closing at $5.60 while swapping 13,000 stock units. Sygnus Credit Investments gained $1.01 trading 66,285 units to close at $24.01 and Wisynco Group lost $1.50 to settle at $24 with 195,523 shares changing hands.
Trading in the US securities market resulted in 95,066 units valued at $18,066 changing hands. Proven Investments inched just 0.01 cent higher, to close at 27 US cents, with an exchange of 42,576 shares and Sygnus Credit Investments traded 52,490 shares to close at a 52 weeks’ high of 13 US cents. The JSE USD Equities Index lost 2.07 points to close at 194.39.
Trading jumps on JSE main market
Wigton closed at anew high of $1 on Friday.
The main market of the Jamaica Stock Exchange pulled back at the close on Friday as several one-off trades pushed the volume and value traded sharply higher than on Thursday.
Shares totaling 187,828,591 units valued $1,490,463,769 traded in the main market compared to 104,310,618 units valued $281,870,824 changing hands on Thursday.
Wigton Windfarm was the leading trade with 107.65 million units accounting for 57 percent of total volume. Sagicor Select Fund followed with 31 million shares accounting for 17 percent of the day’s trade and Carreras with 22 million shares for 12 percent of the volume with Wisynco Group trading 8.2 million units for 4 percent of total volume and Carribean Cement traded 7.3 million units for 4 percent to main market’s volume.
At the close of trading, the JSE All Jamaican Composite Index dropped 3,248.84 points to 575,196.79, the JSE Index dived 2,952.36 points to close at 523,691.53 and the JSE Financial Index rose 0.38 points to end at 143.79.
Trading ended with 38 securities trading in the main and US dollar markets, leading to 17 securities advancing, 14 declining and 7 closing with prices unchanged, compared to 37 securities trading on Friday.
At the close of trading, Wigton Windfarm ended trading at a 52 weeks’ closing high of $1 and Stanley Motta at $6.15.
The market closed with an average of 5,366,531 units valued at $42,584,679 for each security traded, in contrast to of 3,160,928 units valued at $8,541,540 on Thursday. The average volume and value for the month to date amounts to 2,179,264 units valued at $14,242,866 and previously, 1,865,027 units valued at $11,133,262. July closed with an average of 1,297,718 shares at $17,985,644 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 9 stocks ending with bids higher than their last selling prices and 1 with a lower offer.
In the main market activity, Barita Investments lost $1 to end at $88 with 54,976 stock units changing hands, Caribbean Cement gained 50 cents trading 7,299,853 units to end at $77.50, Grace Kennedy lost $1 trading 133,845 shares and ended at $69, Jamaica Broilers rose $1 to close at $35, with 2,564,812 stock units changing hands. Jamaica Producers ended trading with 2,571,345 shares, but fell $1.71 to end at $26.65, JMMB Group gained 30 cents to end at $50 with 567,353 stock units trading, Kingston Wharves ended trading with 65,508 shares, after rising $2 to end at $69. NCB Financial lost $2 trading 92,431 shares to close at $208, Palace Amusement exchanged 129 shares but fell $400 to close at $2,100, PanJam Investment rose 99 cents to close at $105.99 with 192,765 stock units changing hands, Portland JSX ended trading with 5,800 shares and rose 35 cents to end at $7.55. 
Proven Investments rose $1 in trading 7,230 at $41, Sagicor Group jumped $2.20 in trading 392,582 shares to close at $76, Scotia Group climbed $1.99 to $56 with 25,966 shares changing hands, Seprod lost 39 cents in trading 1,562,565 shares at $51.60, Stanley Motta gained 65 cents in closing at an all-time high of $6.15 while swapping 242,427 stock units. Supreme Ventures rose $1 to close at $28 with an exchange of 250,878 shares, Sygnus Credit Investments fell $1 in trading 130,773 units to close at $23 and Wisynco Group climbed 50 cents to settle at $25.50 with 8,210,330 shares changing hands.
Trading in the US securities market resulted in 660,824 units valued US$86,326 changing hands. JMMB Group 6% preference shares rose one cent in exchanging 3,474 units to close US$1, Proven Investments inched just 0.49 cent higher to close at 26.99 US cents with an exchange of 1,000 shares and Sygnus Credit Investments traded 656,350 shares and rose 1 cent to close at 13 US cents. The JSE USD Equities Index advanced 1.64 points to close at 196.46.
Prices mostly up for JSE main market
Sagicor Select Fund dominated volume traded on Thursday.
The main market of the Jamaica Stock Exchange recorded gains at the close on Thursday that failed to erase the more than 3,800 points drop in the two main market indices on Wednesday.
At the close of trading, the JSE All Jamaican Composite Index climbed 2,632.81 points to 578,445.63, the JSE Index advanced by 2,392.55 points to close at 526,643.89 and the JSE Financial Index rose 0.53 points to end at 143.41.
Trading ended with 37 securities trading in the main and US dollar markets, leading to 15 securities advancing, 13 declining and 9 trading firm, compared to 38 securities trading on Thursday.
At the close of trading, Wigton Windfarm ended trading at a 52 weeks’ closing high of 97 cents.
Shares totaling 104,310,618 units valued $281,870,824 traded, compared to 227,434,323 units valued at $478,562,750 changing hands on Wednesday. Sagicor Select Fund was the leading trade with 60.7 million units accounting for 58 percent of total volume. Wigton Windfarm followed with 37 million shares accounting for 36 percent of the day’s trade and Wisynco Group with 1 million shares for one percent of the volume.
The market closed with average of 3,160,928 units valued at $8,541,540 for each security traded, in contrast to of 6,317,620 units valued at an average of $13,293,410 on Wednesday. The average volume and value for the month to date amounts to 1,865,027 units valued at $11,133,262 and previously, 1,732,217 units valued at $11,432,307. July closed with an average of 1,297,718 shares at $17,985,644 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ending with bids higher than their last selling prices and 3 with lower offers.
In the main market activity, Barita Investments gained $1 to end at $89 with 39,386 stock units changing hands, Caribbean Cement lost 50 cents trading 17,542 units to end at $77, Jamaica Broilers ended with a loss of $1 at $34, with 43,553 stock units changing hands. JMMB Group gained $1.20 to end at $49.70 with 679,242 stock units trading, Jamaica Producers ended trading with 938 shares, after rising 36 cents to end at $28.36, Kingston Wharves ended trading with 4,885 shares, after rising 59 cents to end at $67. Mayberry Investments lost 50 cents in trading of 61,476 units at $9.50, 
NCB Financial lost $4 trading 44,927 shares to close at $210, PanJam Investment ended with a loss of $1 at $105 with 150,865 stock units changing hands, Pulse Investments ended trading with 50,000 shares and rose 60 cents to end at $3.60. Scotia Group climbed $1.01 to $54.01 with 68,815 shares changing hands, Supreme Ventures ended with a loss of $1 at $27 with an exchange of 138,518 shares, Sygnus Credit fell 50 cents in trading of 105,993 units to close at $24 and Wisynco Group climbed $1.50 to settle at $25 with 1,050,510 shares changing hands.
Trading in the US securities market resulted in 312,334 units valued US$54,416 changing hands. JMMB Group 5.75% preference shares traded 2,184 shares to close US$2, JMMB Group 6% preference shares rose one cent in exchanging 1,500 units to close US$1, Proven Investments inched just 0.04 cent higher to close at 26.50 US cents with an exchange of 77,300 shares and Sygnus Credit Investments traded 231,350 shares to close at 12 US cents. The JSE USD Equities Index advanced 1.20 points to close at 194.82.
Big price declines sink JSE on Wednesday
The main market of the Jamaica Stock Exchange failed to benefit from the improved profit results reported by companies ahead of trading, as the market pulled back with the heavily weighted NCB Financial falling $4 along with large declines by others that had reported results days earlier.
At the close of trading, the JSE All Jamaican Composite Index dropped 4,286.79 points to close at 575,812.82, the JSE Index shed 3,895.59 points to end at 524,251.34 and the JSE Financial Index lost 1.48 points to end at 142.88.
Trading ended with 38 securities trading in the main and US dollar markets, leading to 14 securities advancing, 19 declining and 9 trading firm, compared to 42 securities trading on Wednesday.
At the close of trading, Palace Amusement jumped $550 to trade at a record high of $2,500 but with just 100 shares changing hands and Wigton Windfarm but ended trading at a 52 weeks’ closing high of 93 cents but recovered slightly by the close after it traded at a high of 98 cents for the day.
Shares totaling 227,434,323 units valued at $478,562,750 traded, compared to 105,567,277 units valued $1,138,000,566 changing hands on Tuesday. Fresh from Wigton Windfarm reporting 3.3 cents earnings per share for the June quarter, investors dived in and pushed the price up to close at a record of 93 cents with the stock being the leading trade with more than 118 million units accounting for 52 percent of total volume. 
Sagicor Select Fund followed with 102 million shares accounting for 45 percent of the day’s trade and Radio Jamaica with 1.6 million shares for less than one percent.
The market closed with an average of 6,317,620 units valued at an average of $13,293,410 for each security traded. In contrast to 2,706,853 units for an average of $29,179,502 on Tuesday. The average volume and value for the month to date amounts to 1,732,217 units valued at $11,432,307 and previously, 1,155,033 units valued at $11,164,308. July closed with an average of 1,297,718 shares at $17,985,644 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ending with bids higher than their last selling prices and 3 with lower offers.
In the main market activity, Barita Investments lost $1 to end at $88 with 11,682 shares changing hands, Caribbean Cement gained 50 cents to end at $77.50 with 73,059 units changing hands, Grace Kennedy fell $1.90 in trading of 8,310 units at $70.10, Jamaica Broilers exchanged 42,145 shares and added $1 to close at $35. Jamaica Producers gained $1.35 cents in trading 13,251 shares to end at $28, JMMB Group fell $1.75 trading 262,330 shares to end at $48.50, Kingston Wharves shed $1.59 while trading 135 shares to end at $66.41, Mayberry Investments rose $1 in closing at $10 with 76,592 shares changing hands, 
NCB Financial lost $4 in exchanging 234,263 units to close $214. PanJam Investment added $5 in trading of 343,829 units at $106, Pulse Investments fell 70 cents in exchanging 463,377 shares at $3, Sagicor Group closed trading of 277,884 units but declined $1 to end at $74. Scotia Group dropped $1 to close at $53 in trading of 266,479 units, Seprod dipped $3 in trading 94,787 shares to end at $52, Sygnus Credit Investments rose 95 cents in trading 66,430 shares to end at $24.50 and Wisynco Group fell 50 cents to $23.50 after exchanging 311,397 units.
Trading in the US securities market resulted in 55,600 units valued US$7,724 changing hands. Proven Investments inched just 0.01 of a cent and closed at 26.01 US cents with an exchange of 7,200 shares and Sygnus Credit Investments lost 0.50 cents trading 48,400 shares to close at 12 US cents. The JSE USD Equities Index advanced 0.97 points to close at 193.62.
Wigton profit to help light up JSE
Wigton stock could spike on Wednesday.
Some main market companies are reporting big gains in earnings after the market closed on Tuesday and these could push prices up on Wednesday. Wigton Windfarm posted positive results for the June quarter, with profit jumping from $175 million to $366 million with modest foreign exchange gains, resulting in earnings per share of 3.3 cents that should translate to over 10 cents for the year. Revenues grew 12 percent at Kingston Wharves to $3.8 billion, over the corresponding period in 2018 and net profit attributable to shareholders increased by 40 percent to $1.2 billion. For the June quarter, net profit rose 54 percent to $729 million on revenues that rose 12 percent to $19.7 billion. Importantly, Kingston Wharves reported earnings of 51 cents per share for the second quarter (annualized $2 per share) and 82 cents for the half-year.
Jamaica Producers increased second-quarter revenues by 12 percent to $5.4 billion over the 2018 period and net profit attributable to shareholders increasing 52 percent to $399 million.
Jamaica Producers snacks
PanJam results benefited from investments gains and gains from the sale of shares in an associated company. Productivity Business Solutions posted a rise in profits toUS$724,000 in the June quarter compared to a profit of $372,000 in 2018 and a profit of US$184,000 for the six months to June.
JSE trading set to explode on Wednesday?
Wigton posted a big jump in profit and should light a fire under the JSE.
The Jamaica Stock Exchange seems set to enjoy a big blast on Wednesday following the release of strong results by a number of companies after the market closed on Tuesday, with modest gains in the market indices.
At the close of trading, the JSE All Jamaican Composite Index added 254.37 points to close at 580,099.61, the JSE Index rose 231.16 points to 528,146.93 and the JSE Financial Index lost 0.31 points to end at 144.36.
Trading ended with more stocks rising than falling with 42 securities trading in the main and US dollar markets, leading to 19 securities advancing, 14 declining and 9 closing with no price change, compared to 37 securities trading on Tuesday.
At the close of trading, Palace Amusement traded at a record high of $1,950 but JMMB Group 7.5% preference shares traded at a 52 weeks’ low of 75 cents but recovered slightly by the close.
PanJam is another main market stock to post a big jump in profits.
Shares totaling 105,567,277 units valued $1,138,000,566 traded, compared to 65,134,390 units valued at $273,353,099 changing hands on Monday. Sagicor Select Fund led trading with 57.2 million units for 54 percent of total volume, Wigton Windfarm followed with 22.3 million shares accounting for 21 percent of the day’s trade, Supreme ventures with 10 million shares for 9.5 percent of total main market volume. Other stocks trading over one million shares are, Ciboney, Mayberry Investments, NCB Financial, Radio Jamaica, Sagicor Group and Scotia Group.
The market closed with an average of 2,706,853 units valued at $29,179,502 for each security traded. In contrast to 1,915,717 units valued at an average of $8,039,797 on Monday. The average volume and value for the month to date amounts to 1,155,033 units valued at $11,164,308 and previously, 901,009 units valued at $7,834.486. July closed with an average of 1,297,718 shares at $17,985,644 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ending with bids higher than their last selling prices and 3 with lower offers.
In the main market activity, Barita Investments lost 98 cents to end at $89 with 24,197 shares changing hands, Caribbean Cement ended with a loss of $2 at $77 with 20,957 stock units changing hands, Carreras shed 74 cents to end at $8 with 781,375 stock units trading, Grace Kennedy climbed $2.50 in trading of 823,511 units at $72. Jamaica Broilers exchanged 81,295 shares but dropped $1 to close at $34, Jamaica Producers lost 35 cents trading 28,686 shares to end at $$26.65, Jamaica Stock Exchange jumped $4.19 trading 68,286 shares to end at $29.94, Kingston Properties lost $1 in closing at $7 after exchanging 18,485 shares. Kingston Wharves gained $2.16 while trading 12,263 shares to end at $68, Mayberry Jamaica Equities rose $1.10 in closing at $12.10 with 812 shares changing hands, NCB Financial lost $2 in exchanging 1,553,334 units to close $218. 
Palace Amusement traded just 100 shares and jumped $450 to close at a record high of $1,950, PanJam Investment added $1 in trading of 379,101 units at $101, Portland JSX recovered the 35 cents lost on Monday in exchanging 29,385 shares at $7.90, Proven Investments closed trading of 37,487 units and gained $3 to end at $40. Scotia Group dropped $2.60 to close at $54 in trading of 1,556,853 units, Seprod dipped $1 in trading 17,941 shares to end at $55, Sygnus Credit Investments lost 40 cents in trading 650,915 shares to end at $23.55 and Wisynco Group jumped $4.08 to $24 after exchanging 279,826 units.
Trading in the US securities market resulted in 36,715 units valued $5,737 changing hands. Margaritaville traded with 8,925 shares to settle at 25 US cents, Proven Investments gained 2 cents and closed at 26 US cents with an exchange of 240 shares and Sygnus Credit Investments traded 27,550 shares at 12.5 US cents. The JSE USD Equities Index advanced 6.09 points to close at 192.65.
