New listings dominate trading – Monday

VM Investments continues with high volume trades.

Newly listed, Victoria Mutual Investments and Wisynco Group, continue to dominate trading with the highest volume, accounting for 5.1 million of the 7.4 million units trading on Monday.
Market activity ended with 7,415,575 units valued at $202,124,322 trading from 28 securities changing hands, compared to 8,660,030 units.
At the close of trading on Monday the JSE All Jamaican Composite Index shed 1,847.64 points to 314,455.19 and the JSE Index fell 1,683.41 points to 286,504.23.
In the main market activity, Barita Investments concluded trading with a rise of 64 cents to $8.59, with just 100 units trading, Berger Paints finished with a loss of 20 cents at $17.80, with 10,610 shares, Cable & Wireless settled with a loss of 8 cents at $1.31, with 93,684 shares, Caribbean Cement ended trading $1.62 higher at $33.62, with 1,735 stock units. Carreras traded 3 cents higher at $11.43, with 67,864 units, Grace Kennedy closed with a loss of 45 cents at $43, with 17,243 shares, Jamaica Broilers ended at $18, with 22,947 stock units, Jamaica Producers concluded trading at $16.50, with 2,808 units. Jamaica Stock Exchange finished at $7, with 13,387 shares, JMMB Group settled with a loss of 65 cents at $24.35, with 54,386 shares, Kingston Wharves traded with a loss of 99 cents at $33, with 5,278 units, Mayberry Investments finished trading 69 cents higher at $6.79, with 36,270 shares. NCB Financial Group closed 10 cents higher at $99, with 1,500,810 shares, 1834 Investments ended 13 cents higher at $1.41, with 900 stock units, PanJam Investment concluded trading with a loss of $2 at $40, with 190,150 units, Pulse Investments settled with a loss of 9 cents at $2.10, with 56,090 shares, Radio Jamaica ended trading 5 cents higher at $1.10, with 100 stock units. Sagicor Group traded with a loss of 10 cents at $34.65, with 29,983 units, Sagicor Real Estate finished trading with a loss of 50 cents at $14.50, with 2,012 shares, Salada Foods closed at $11, with 34,000 shares, Scotia Group gained $1 to end at $53, with 12,970 stock units. Seprod concluded trading with a loss of $1 at $30, with 10,900 units, Supreme Ventures settled at $12, with 125,715 shares, VM Investments ended trading with a loss of 7 cents at $4, with 2,401,456 stock units and Wisynco Group traded with a loss of 41 cents at $10.39, with 2,722,139 units as investors continue to pocket gains from the IPO price.
In the main market preference segment, Jamaica Money Market Brokers 7.25% traded 100 units at $2.49, Jamaica Money Market Brokers 7.5% traded 1,838 units and rose 20 cents to close at $2 and JMMB Group 7.5% traded 100 units to close at $1.16.

Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE major indices drop sharply – Monday.”

New listings retreat on Friday

Newly listed Victoria Mutual Investments and Wisynco Group are two of 6 main market stocks to pull back on Friday with 2.96 million and 1.85 million units traded respectively.
All four stocks that listed on the Jamaica Stock Exchange, in December have retreated from their peak, FosRich fell 48 percent, GWest 33 percent, Wisynco Group 28 percent and VM Investments down 10 percent.
At the close of trading on Friday the JSE All Jamaican Composite Index shed 585.03 points to end at 316,302.83 and the JSE Index fell 533.03 points to close at 288,187.64. Trading ended with 8,660,030 units valued at $83,892,685 from 27 securities changing hands, of which 12 advanced, 6 declined and 9 traded with prices unchanged.
In the main market activity, Berger Paints finished at $18, with 13,043 shares, Cable & Wireless settled 8 cents higher at $1.39, with 510 shares, Caribbean Cement ended trading with a loss of $3.50 at $32, with 16,735 stock units, Carreras traded 9 cents higher at $11.40, with 180,461 units. Ciboney Group finished trading at 37 cents, with 55,200 shares, Grace Kennedy closed 45 cents higher at $43.45, with 10,493 shares, Jamaica Broilers ended at $18, with 1,219,377 stock units, Jamaica Producers concluded trading at $16.50, with 51,177 units. JMMB Group settled at $25, with 71,228 shares, Kingston Wharves traded 12,597 units and rose $2.98 to $33.99, Mayberry Investments finished trading 10 cents higher at $6.10, with 159,384 shares, NCB Financial Group closed with a loss of 60 cents at $98.90, with 61,628 shares. 1834 Investments ended with a loss of 2 cents at $1.28, with 40,063 stock units, PanJam Investment concluded trading $1.50 higher at $42, with 7,850 units, Portland JSX jumped $1.05 to close at $11, with 164,468 shares, Pulse Investments settled 9 cents higher at $2.19, with 68,456 shares trading, Radio Jamaica ended trading at $1.05, with 100,000 stock units. Sagicor Group traded 10 cents higher at $34.75, with 46,157 units, Sagicor Real Estate Fund finished trading 50 cents higher at $15, with 2,640 shares, Salada Foods closed with a loss of $2 at $11, with 30,000 shares, Scotia Group ended $1 higher at $52, with 2,832 stock units changing hands. Sterling Investments finished at $13, with 3,202 shares, Supreme Ventures settled 10 cents higher at $12, with 48,904 shares, VM Investments Limited ended trading with a loss of 33 cents at $4.07, with 3,594,152 stock units and Wisynco Group traded with a loss of 70 cents at $10.80, with 2,698,773 units. In the main market preference segment, Jamaica Money Market Brokers 7.5% traded 100 units at $1.80 and JMMB Group 7.5% traded 600 units to close at $1.15.

Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “Main market retreat moderately.”

JSE main market consolidating

The Jamaica Stock Exchange All Jamaican Composite Index declined by 70.24 points to close at 316,887.86 and the JSE Index declined by 64.00 points to close at 288,720.67. A total of 24 securities changed hands, down from 29 on Wednesday, 10 advanced, 11 declined and 4 traded firm.
NCB Financial accounted for more than half of the shares with 10 million units leading to 19,253,045 units valued at $1,098,475,593 trading. New listings, Victoria Mutual Investments, accounted for 2.96 million shares and Wisynco 1.85 million units.
In the main market activity, Barita Investments rose 1 cent to end at $7.95, with 8,478 units, Berger Paints finished at $18, with 62,626 shares, Cable & Wireless settled with a loss of 8 cents at $1.31, with 821,331 shares, Caribbean Cement ended trading with a surge of $4.03 to $35.50, with 542,827 stock units, Carreras traded with a loss of 14 cents at $11.31, with 480,831 units. Grace Kennedy fell 50 cents to close at $43, exchanging 13,031 shares, Jamaica Broilers ended 79 cents higher at $18, with 26,916 stock units, Jamaica Producers concluded trading with a loss of 5 cents at $16.50, with 28,306 units, Jamaica Stock Exchange finished at $7, with 11,514 shares. JMMB Group fell $2 to $25, with 57,836 shares, Kingston Wharves traded with a loss of $1.99 to end at $31.01, with 9,101 units, Mayberry Investments finished trading $1 higher at $6, with 41,781 shares, NCB Financial Group rose 50 cents to $99.50, with 10,100,229 shares. PanJam Investment concluded trading with a loss of $3 to $40.50, with 88,698 units, Pulse Investments settled with a loss of 29 cents at $2.10, with 35,000 shares, Radio Jamaica ended trading with a loss of 5 cents at $1.05, with 1,303,046 stock units, Sagicor Group traded with a loss of 35 cents at $34.65, with 21,110 units. Sagicor Real Estate Fund finished trading at $14.50, with 83,143 shares, Scotia Group ended with a loss of 10 cents at $51, with 398,181 stock units, Supreme Ventures settled 31 cents higher at $11.90, with 133,694 shares, VM Investments ended trading at $4.40, with 2,964,142 stock units and Wisynco Group traded with a loss of 50 cents at $11.50, with 1,851,366 units. In the main market preference segment, Jamaica Money Market Brokers 7.5% fell 10 cent in trading 50,418 units at $1.80 and JMMB Group 7.5% traded 119,440 units and slipped 1 cent to close at $1.15.

Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “NCB in big trade on Jamaican stock market.

JSE Main Market chills – Wednesday

Add your HTML code here...

True Juice orange juice bottled by Wisynco that traded more than 3.785M units on Wednesday.

Trading on the Main Market ended with 29 securities changing hands resulted in 12 advancing, 10 declining and 7 traded firm with 9,357,015 units valued at $91,768,857 changing hands.
Trading ended with the All Jamaican Composite declined by 180.58 points to close at 316,958.10 on Wednesday and the JSE Index slipped 164.53 points to 288,784.67.
In the main market activity, Barita Investments endded trading 44 cents higher at $7.94, with 6,085 units changing hands, Berger Paints climbed $1 to $18, trading 326,949 shares, Cable & Wireless settled with a loss of 1 cent at $1.39, with 2,140,830 shares, Caribbean Cement ended trading with a loss of 53 cents at $31.47, with 20,428 stock units. Carreras traded at $11.45, with 328,145 units, Ciboney Group finished trading at 37 cents, with 516 shares, Grace Kennedy closed at $43.50, with 82,650 shares, Jamaica Broilers ended with a loss of 59 cents at $17.21, with 3,555 stock units. Jamaica Producers concluded trading 5 cents higher at $16.55, with 6,000 units, Jamaica Stock Exchange finished with a loss of 5 cents at $7, with 88,166 shares, JMMB Group jumped $3 t0 $27, with 18,530 shares trading, Kingston Wharves traded 50 cents higher at $33, with 476 units. Mayberry Investments finished trading with a loss of $1 at $5, with 26,370 shares, NCB Financial Group closed at $99, with 13,121 shares, 1834 Investments ended at $1.30, with 20,000 stock units, PanJam Investment concluded trading with a loss of $1.50 to close at $43.50, with 378,000 units, Portland JSX finished with a loss of 5 cents at $9.95, with 2,000 shares. Pulse Investments settled 59 cents higher at $2.39, with 6,500 shares, Radio Jamaica ended trading 8 cents higher at $1.10, with 100,000 stock units, Sagicor Group traded with a loss of 30 cents at $35, with 4,100 units, Sagicor Real Estate Fund finished trading 50 cents higher at $14.50, with 595 shares. Salada Foods closed $1.50 higher at 52 weeks’ high of $13, with 1,000 shares, Scotia Group ended with a loss of $1.90 at $51.10, with 26,000 stock units, Seprod concluded trading at $31, with 10,600 units, Supreme Ventures settled $1.58 higher at $11.59, with 7,304 shares. VM Investments Limited ended trading 40 cents higher at $4.40, with 1,911,097 stock units and Wisynco Group traded with a loss of 50 cents at $12, with 3,785,911 units. In the main market preference segment, Jamaica Money Market Brokers 7.5% traded 27,300 units at $1.90 and JMMB Group 7.5% traded 14,787 units at $1.16.

Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “Trading picks up on JSE Main Market.”

VM Investments up 63% from IPO

VM Investments gained 63% to end at $4 on Tuesday from the IPO price

The latest listing on the Main Market of the Jamaica Stock Exchange, Victoria Mutual Investments, closed trading with 2.35 million shares with the price rising to a new closing high of $4 for a gain of 63 percent from its IPO price of $2.45, after trading as high as $4.20.
The Main Market of the Jamaica Stock Exchange concluded trading on Monday with 26 securities changing hands versus 22 securities trading on Friday. The price of 10 stocks advanced, 11 declined and 5 traded firm with 11,226,286 units valued at $102,330,476 changing hands.
Trading ended with the All Jamaican Composite 622.57 points to 317,138.68 and the JSE Index advancing by 567.23 points to 288,949.20.
In the main market activity, Berger Paints finished 45 cents higher at $17, trading just 525 shares, Cable & Wireless settled 15 cents higher at $1.40, with 1,804,417 shares, Caribbean Cement ended trading with a loss of 50 cents at $32, with 9,800 stock units, Carreras traded 5 cents higher at $11.45, with 234,822 units. Ciboney Group finished trading with a loss of 4 cents down to 37 cents, with 728 shares, Grace Kennedy closed with a loss of 25 cents at $43.50, with 16,000 shares, Jamaica Broilers ended 10 cents higher at $17.80, with 26,937 stock units, Jamaica Producers concluded trading with a loss of 20 cents at $16.50, with 1,683 units. Jamaica Stock Exchange finished at $7.05, with 12,000 shares, JMMB Group settled with a loss of $1 to end at $24, with 65,054 shares trading, Kingston Properties ended trading at $7.70, with 3,100 stock units, NCB Financial Group closed with a loss of $1 to $99, with 50,823 shares. 1834 Investments ended 5 cents higher at $1.30, with 459,937 stock units, PanJam Investment concluded trading 25 cents higher at $45, with 5,341 units, Pulse Investments settled at $1.80, with 94,172 shares, Radio Jamaica ended trading with a loss of 3 cents at $1.02, with 159,905 stock units, Sagicor Group traded with a loss of $2.70 at $35.30, with 7,563 units. Sagicor Real Estate Fund finished trading with a loss of $1 to $14, with 5,589 shares, Salada Foods closed 25 cents higher at $11.50, with 117,951 shares, Scotia Group ended with a loss of 85 cents at $53, with 104,683 stock units, Seprod settled $1 higher at $31, with 3,250 shares. Supreme Ventures traded with a loss of $1.49 to end at $10.01, with 131,005 units, VM Investments finished trading 76 cents higher to a record close of $4, with 2,353,026 shares trading and WISYNCO Group closed 51 cents higher at $12.50, with 5,546,728 shares changing hands. In the main market preference segment, Jamaica Money Market Brokers 7.25% traded 4,266 units at $2.49, Jamaica Money Market Brokers 7.5% traded 6,981 units at $1.90.

Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE Main Market starts 2018 with gains.”

Junior stocks beat majors in 2017

Junior market stocks performed better than main market stocks in 2017 but that performance does not show in the gains in the market indices of both markets.
A cursory look at the Junior and Main Market indices would lead to the conclusion that investors in the main market were far better off in 2017 that their Junior Market counter path. Such a conclusion would be completely wrong. The Junior Market rose just 5.3 percent at the end of the year, down from a high of 31 percent in May, compared with almost 51 percent gain for the main market for, the full year.
Data is showing that while the Junior Market index was barely up, 8 stocks gained more than 100 percent compared to 6 in the main market. 7 Junior Market stocks rose between 50 percent and 76 percent and 9 gained between 52 percent and 81 percent in the main market. Importantly, the average gains for the Junior Market is 79 percent and losses, an average of 20 percent for a net gain of 59 percent. The average main market stock rose 68 percent while losses averaged 22 percent, a net of 48 percent.
A 43 percent fall in the price of the heavily weighted, Lasco Distributors and 14 percent in Lasco Manufacturing dented the Junior Market index in a big way.
The main market benefitted from big gains in heavy weighted, Supreme Ventures, NCB Financial, Jamaica Producers, JMMB Group, Carreras and Scotia Group with increases of 61 to 100 percent. Added to that PanJam Investment gained 60 percent, Cable and Wireless 56 percent and Sagicor Group 31 percent.

VM Investments up 32% first trading day

VM Investments gained 32% to end at $3.24 on Friday

The latest listing on the Main Market of the Jamaica Stock Exchange, Victoria Mutual Investments, traded after listing on Friday and closed at $3.24 for a gain of 32 percent from its IPO price, after trading as high as $4 while trading 782,853 shares.
Wisynco that listed on Thursday, closed at $11.99 on heavy trading to gain 52 percent since the public issue in December.
The Main Market of the Jamaica Stock Exchange concluded trading on Friday with 26 securities changing hands, 11 advanced, 4 declined and 11 traded firm with 10,210,190 units valued at $125,309,363.
Trading ended with the All Jamaican Composite Index surging 4,310.37 points to 316,516.11 for a gain of 50.6 percent for the year and the JSE Index jumping by 3,927.24 points to 288,381.97, ending 2017 with a rise of 50 percent versus 22 securities trading on Thursday.
In main market activity, Barita Investments concluded trading with a loss of 45 cents at $7.50, with 11,075 units, Berger Paints finished 4 cents higher at $16.55, with 12,000 shares, Cable & Wireless settled 15 cents higher at $1.25, with 918,469 shares, Caribbean Cement ended trading at $32.50, with 12,000 stock units, Carreras traded at $11.40, with 82,669 units. Grace Kennedy closed 75 cents higher at $43.75, with 118,915 shares, Jamaica Broilers ended with a loss of 30 cents at $17.70, with 13,300 stock units, JMMB Group ended trading $2 higher at $25, with 1,255,076 stock units, Jamaica Producers concluded trading at $16.70, with 104,033 units, Jamaica Stock Exchange finished 5 cents higher at $7.05, with 49,297 shares. Kingston Wharves ended trading at $32.50, with 9,204 stock units, Mayberry Investments traded at $6, with 89,353 units, NCB Financial finished trading $1.50 higher at $100, with 38,507 shares, PanJam Investment ended with a loss of 5 cents at $44.75, with 15,429 stock units. Radio Jamaica settled at $1.05, with 185,174 shares, Sagicor Group ended trading 1 cent higher at $38, with 136,913 stock units, Sagicor Real Estate Fund traded at $15, with 8,817 units, Salada Foods finished trading with a loss of 25 cents at $11.25, with 32,049 shares. Scotia Group closed $3.75 higher at $53.85, with 76,440 shares, Sterling Investments gained $1 and closed at $13, with 7,470 shares, Supreme Ventures ended trading at $11.50, with 515,544 stock units and Wisynco Group traded $1.90 higher to end at a closing record high of $11.99, with 5,090,376 units. In the main market preference segment, Jamaica Money Market Brokers 7.5% traded 550,000 units at $1.90, JMMB Group 7.5% traded 94,000 units at $1.15 and Proven Investments 8.25% ended with 1,227 units trading at $5.90.

Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE Main Market gains 50% for 2017.”

Wisynco jumps 28% to $10.09

Producers of Wata -Wisynco listed on Thursday

Wisynco shares were listed on the Main Market of the Jamaica Stock Exchange on Thursday, with the price rising $2.22 to end at $10.09 while trading 2,925,359 shares, after it pulled in $18 billion from its IPO with 7,382 new shareholders.
At the close of trading on Thursday, the prices of 8 stocks advanced, 4 declined and 10 traded firm with 4,648,646 units valued at $69,664,482.
Trading ended with the All Jamaican Composite Index jumping 2,370.07 points to 312,205.74 and the JSE Index climbing 2,159.40 points to 284,454.73 with 22 securities changing hands versus 21 securities trading on Wednesday.
In the main market activity, Berger Paints finished 1 cent higher at $16.51, with 2,200 shares trading, Cable & Wireless settled 5 cents higher at $1.10, with 104,781 shares, Caribbean Cement ended trading 99 cents higher at $32.50, with 111,545 stock units, Carreras traded at $11.40, with 65,754 units, Grace Kennedy closed at $43, with 139,950 shares. Jamaica Broilers ended at $18, with 20,988 stock units, Jamaica Producers concluded trading at $16.70, with 19,010 units, Jamaica Stock Exchange finished at $7, with 64,203 shares, JMMB Group settled with a loss of 1 cent at $23, with 404,504 shares. JMMB Group ended trading with a loss of $1 at $23, with 404,504 stock units, Kingston Wharves finished trading at $32.50, with 215 shares, Mayberry Investments closed at $6, with 250,000 shares, NCB Financial ended with a loss of 50 cents at $98.50, with 122,721 stock units. PanJam Investment finished at $44.80, with 12,141 shares, Pulse Investments ended trading at $1.80, with 16,992 stock units, Sagicor Group finished trading $2.24 higher at $37.99, with 43,400 shares, Sagicor Real Estate Fund closed at $15, with 2,000 shares. Salada Foods ended $1 higher at a 52 weeks’ high of $11.50, with 102,000 stock units, Scotia Group concluded trading with a loss of $1.90 at $50.10, with 43,810 units and Supreme Ventures ended trading 80 cents higher at $11.50, with 15,000 stock units. In the main market preference segment,  JMMB Group 7.5% traded 133,300 units at $1.15 and Proven Investments 8.25% ended with 48,773 units trading with a rise of 60 cents at $5.90.

Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE market indices in sharp upturn.”

JSE trading drops sharply on Wednesday

Trading on Jamaica Stock Exchange fell sharply on Wednesday to 1,316,067 units with a value of $22,258,246, down from 18,689,826 units valued at $192,233,164 traded on the Main Market of the on Friday.
Main market activity, ended with 26 securities changing hands, compared to 21 on Friday, with 10 advancing, 6 declining and 10 traded firm. At the close, the All Jamaican Composite Index fell 575.12 points to 309,835.67 and the JSE Index lost 524 points to close at 282,295.32 after the market indices for Friday was raised based on a cancellation of a trade in the shares of Supreme Ventures.
In the main market activity, Berger Paints finished with a loss of $1.60 at $16.50, with 5,555 shares trading, Cable & Wireless settled 5 cents higher at $1.05, with 137,812 shares, Caribbean Cement ended trading with a loss of 49 cents at $31.51, with 41,500 stock units, Carreras traded with a loss of 5 cents at $11.40, with 86,297 units, Ciboney finished trading at 41 cents, with 385,200 shares changing hands. Grace Kennedy closed at $43, with 14,659 shares, Jamaica Broilers ended 1 cent higher at $18, with 16,098 stock units, Jamaica Producers concluded trading with a rise of $1.60 to $16.70, with 3,408 units, Jamaica Stock Exchange finished with a loss of 5 cents at $7, exchanging 5,432 shares. JMMB Group settled 50 cents higher at $24, with 26,090 shares, Kingston Properties traded with a loss of 31 cents at $7.70, with 2,090 units, Kingston Wharves finished trading at $32.50, with 3,641 shares. Mayberry Investments closed 63 cents higher at $6, with 5,000 shares, NCB Financial lost $1 to close at $99, with 58,149 stock units trading. PanJam Investment finished with a loss of 20 cents at $44.80, with 58,860 shares, Pulse Investments ended trading 2 cents higher at $1.80, with 500 stock units, Radio Jamaica traded 2 cents higher at $1.05, with 94,271 units, Sagicor Group finished trading 24 cents higher at $35.75, with 129,580 shares. Sagicor Real Estate Fund closed at $15, with 120,420 shares, Salada Foods ended 55 cents higher at $10.50, with 28,000 stock units. Scotia Group concluded trading with a loss of $1.99 at $52, with 22,737 units, Seprod finished at $30, with 30,840 shares and Supreme Ventures ended trading 30 cents higher at $10.70, with 36,200 stock units. In the main market preference segment, Jamaica Money Market Brokers 7.25% traded 2001 units at $2.49, Jamaica Money Market Brokers 7.5% traded 1,000 units at $1.90 after gaining 10 cents and Proven Investments 8.25% ended with 727 units trading with a loss of 20 cents at $5.30.

Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE changes Friday’s market indices.”

JSE changes Friday’s market indices

Wednesday’s trading report on the Jamaica Stock Exchange activity shows the main market indices declining from Friday’s close, but the closing indices are higher than the official report of the Stock exchange on Friday.
Based on the closing indices reported on Friday, the All Jamaican Composite Index rose 346.61 points to 309,835.67 and the JSE Index gained 315.80 points to close at 282,295.32 on Wednesday. These changes coincide with the changes in the indices as reported on the trading platform. The trading report for Friday now has the indices climbing much higher than originally reported on Friday, by more than 800 points, with the All Jamaica Index ending then at 310,410.75 and the JSE Index at 282,819.36. The change had the effect of the main market falling on Wednesday, with the All Jamaican Composite Index falling 575.12 points to 309,835.67 and the JSE Index down 524.00 points to close at 282,295.32.
The Jamaica Stock Exchange confirmed that the index was recomputed on Wednesday, due to the cancellation of a block of Supreme Ventures shares that were traded based on a glitz in the software system, resulting in the movement on Friday being greater than was originally reported.
Trading on the Main Market of the Jamaica Stock Exchange finished trading on Wednesday with 26 securities changing hands, 11 advanced, 5 declined and 10 traded firm with 1,316,067 units valued at a mere $22,258,247 trading, compared to 18,689,826 units valued at $192,233,164 from 21 Securities on Friday.
Trading ended with an average of 50,618 units for an average of $856,086 in contrast to 889,992 units for an average of $9,153,960 on Friday. The average volume and value for the month to date amounts to 730,183 units valued at an average of $91,91,043 and previously 765,616 units valued at $10,279,783. In contrast, November closed with average of 349,084 units at an average of $5,801,440 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 9 stocks ended with bids higher than their last selling prices and 3 with lower offers.

Wisynco to list on Thursday

Traded in the US dollar market ended with Proven Investments US ordinary share fell 2 US cents with 4,947 units changing hands at 21 US cents, the total value of trading amounted to US$1,048 with the JSE USD Equities Index closing 8.45 points lower at 165.44.
Apart from the big trade in JSE shares the other major movers at the close of the market are, Berger Paints dropped $1.60 to $16.50, Jamaica Producers rose $1.60 to $16.70, NCB Financial Group declined by $1 to $99 and Scotia Group fell $1.99 to $52.
Recent initial Public Offering Wisynco will be listed on the main market of the Jamaica Stock Exchange on Thursday.

For more details of market activities see – “JSE trading drops sharply on Wednesday.”