Record $140 for NCB on JSE – Monday

November 26, 2018 by

NCB investors are having a great 2018 with the stock trading at record levels.

NCB Financial Group ended at a new record close of $139.99 after trading at $140 after trading 2.85 million shares that accounted for 41 percent of the day’s volume on the Jamaica Stock Exchange on Monday.
The main market lost flight with the All Jamaica Composite Index declining 2,474.72 points to 396,908.15, while the JSE Index dropped 2,254.75 points to close at 361,628.23. Market activity closed with 2 securities ending at record highs and one at a 52 weeks’ low as 31 securities in the main and US dollar markets trading, compared to a same number on Friday. At the end prices of 12 stocks rose, 11 declined and 8 remained unchanged.
The main market ended with 6,956,000 units valued at $513,002,473 changing hands, compared with 37,219,908 units valued at $266,712,510 exchanged, on Friday.
The main market ended with NCB Financial leading with 2,849,956 units, followed by Kingston Wharves with 1,169,281 units or 16.8 percent of the day’s volume and 1834 Investments with 629,240 units or just 9 percent of the overall volume.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator reading shows 6 stocks ending with bids higher than the last selling prices and 1 closing with a lower offer.
Trading resulted in an average of 239,862 units valued at over $17,689,740, in contrast to 1,283,445 shares valued at $9,196,983 on Friday. The average volume and value for the month to date, amounts to 324,693 valued at $7,138,202, compared to 329,574 valued at $6,496,704. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In main market activity, Barita Investments rose $1 to close at record $21, with 254,431 shares trading, Caribbean Cement gained $3 to close at $48 in trading 15,885 shares, Grace Kennedy gained $1 in trading of 59,338 shares at $56, Jamaica Broilers lost $1.15, trading 32,172 stock units at $28.50, Jamaica Stock Exchange declined 54 cents to close at $9.41, trading of 9,469 shares, JMMB Group fell $1 to $33, with an exchange of 52,392 shares, Jamaica Producers gained 49 cents and finished trading of 21,734 units at $24.50, Kingston Wharves dropped $3 to finish at $75, with 1,169,281 stock units changing hands, Mayberry Jamaica Equities rose $1.20 trading 126,123 shares in closing at $9.70, NCB Financial Group jumped $3.49 to end trading  at record close of $139.99 with 2,849,956 shares, 138 Student Living traded 125,595 shares and declined by 14 cents to end a 52 weeks’ low of $3.35, PanJam Investment jumped $3.15 to $64, with an exchange of 63,718 stock units, Sagicor Group rose $1 and finished trading at $40, with 8,157 shares, Seprod added $1.73 trading of 63,529 shares, to close at $31.75 and Supreme Ventures gained 99 cents to end at $16.99, with an exchange of 30,541 shares.

Trading in the US dollar market amounted to 483,208 units valued at $94,621 as Margaritaville with 10,800 units to close at 25 US cents and Proven Investments ended trading of 472,408 shares at 19 U$ cents. The JSE USD Equities Index closed with a rise of 1.47 at 161.34.

 

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Stanley Motta trades 37M shares on JSE – Friday

November 23, 2018 by

Site plan of Stanley Motta’s 58 Half Way Tree Road.

Stanley Motta traded nearly 34 million on the Jamaica Stock Exchange on Friday, helping
Site plan of Stanley Motta’s 58 Half Way Tree Road.to push the overall volume to 37,219,908 units valued at $266,712,510 changing hands, compared with 5,027,724 units valued at $221,393,103 being exchanged, on Thursday.
Market activity closed with 31 active securities in the main and US dollar markets trading, compared to a same number on Thursday, as the prices of 7 stocks rose, 15 declined and 9 remained unchanged.
Despite the higher level of stocks declining than advancing, the All Jamaica Index advanced 2,887.52 points to 399,382.8, while the JSE Index climbed 2,630.85 points to close at 363,882.98.
The main market ended with Stanley Motta trading 33,898,200 units and cornering 91 percent of the day’s volume, followed by Seprod with 798,795 units for just 2 percent of traded volume and Jamaica Producers with 784,515 units, also with just 2 percent of the day’s volume.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator reading shows 8 stocks ending with bids higher than the last selling prices and 2 closing with lower offers.
Trading resulted in an average of 1,283,445 units valued at an average of $9,196,983 for each security traded, in contrast to 173,370 units valued at an average of $7,634,245 on Thursday. The average volume and value for the month to date, amounts to 329,574 valued at $6,496,704, compared to 271,338 valued at $6,321,909. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In main market activity, Berger Paints lost 68 cents in trading 20,220 shares to close at $19, Caribbean Cement gained $2 to close at $45 in trading 25,662 shares, Grace Kennedy fell $2.50 and ended trading of 58,498 shares at $55, JMMB Group rose $1 to $34, with an exchange of 49,596 shares, Jamaica Producers gained 51 cents and finished trading of 784,515 units at $24.01, Mayberry Jamaica Equities lost $1.50 in trading 34,691 shares in closing at $8.50, NCB Financial Group lost 50 cents and ended trading of 108,686 shares at $136.50 after trading at a record high of $138, 138 Student Living traded 35,189 shares and declined by 31 cents to a 52 weeks’ low of $3.50, PanJam Investment rose 25 cents to $61.85, with an exchange of 14,747 stock units, Proven Investments ended with a loss of 50 cents at $26.50, with just 100 units changing hands, Sagicor Group lost $1 and finished trading at $39, with 37,364 shares, Seprod dropped $1.98 trading of 798,795 shares, to close at $30.02 and Supreme Ventures lost 50 cents to end at $16, with an exchange of 74,822 shares.
Trading in the US dollar market amounted to 65,911 units valued at over $32,014 as JMMB  Group 6% USD with 22,671 units and rose 1 cent to close at us$1.05 and Proven Investments ended trading of 43,240 shares at 19 U$ cents. The JSE USD Equities Index closed unchanged at 159.87.

 

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JSE stocks move higher on Thursday

November 22, 2018 by

NCB stock jumped $2.50 to close at $137

Investors pushed the Jamaica Stock Exchange main market higher on Thursday, with the All Jamaica Index advancing 3,867.21 points to 396,495.35, while the JSE Index climbed 3,523.47 points to close at 361,252.13.
Market activity closed with 31 active securities in the main and US dollar markets, compared to 31 on Thursday, as the prices of 14 stocks rose, 6 declined and 11 remained unchanged.
The main market ended with PANJAM Investmenttrading 2,381,110 units in cornering 47.4 percent of the day’s volume, followed by Sygnus Credit Investments with 1,035,523 units, 20.6 percent of the day’s volume and Seprod with 591,309 units for 11.8 percent of traded volume.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator reading shows 6 stocks ending with bids higher than the last selling prices and 5 closing with lower offers.
Trading ended with 5,027,724 units valued at over $221,393,103 changing hands, compared with 11,783,312 units valued at $255,248,656 being exchanged, on Wednesday.
Trading resulted in an average of 173,370 units valued at an average of $7,634,245 for each security traded. In contrast to 406,321 units for an average of $8,801,678 on Wednesday. The average volume and value for the month to date, amounts to 271,338 valued at $6,321,909, compared to 277,708 valued at $6,231,079. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In main market activity, Caribbean Cement gained $1 to close at $43 in trading of 20,852 shares, Carreras gained 50 cents to $9.50, trading 28,890 shares, Grace Kennedy rose $2.50 and ended trading of 13,464 shares at $57.50, JMMB Group rose $1.24 to $33, with an exchange of 21,745 shares, Jamaica Producers gained 95 cents and finished trading of a mere 190 units at $23.50, NCB Financial Group climbed $2.50 and ended trading of 211,790 shares, at $137,  PanJam Investment fell 40 cents to $61.60, with an exchange of 2.38 million stock units, Portland JSX ended with a loss of 69 cents at $7.80, with 34,300 units changing hands, Sagicor Group rose $1 and finished trading of 169,960 shares at $40, Seprod gained $1.99 trading of 591,309 shares, to close at $32 and Sygnus Credit Investments added 49 cents and ended at $10.99, with an exchange of 1.04 million shares.
Trading in the US dollar market amounted to 10,664 units valued at $1,746 as Proven Investments end trading of 7,167 shares at 19 U$ cents and Sygnus Credit Investments USD share ended with 3,467 units changing hands at 11 US cents after rising by a cent. The JSE USD Equities Index gained 1.05 points down to close at 159.87.

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JSE stocks gave up most of Tuesday’s gains

November 21, 2018 by

Investors pushed the Jamaica Stock Exchange main market sharply down on Wednesday, with the All Jamaica Index diving 5,128.43 points to 392,628.14 and JSE Index dropped 4,672.58 points, to close at 357,728.66.
Market activity closed with 3 active securities in the main and US dollar markets, compared to 32 on Thursday with the prices of 12 stocks rose, 7 declined and 12 remained unchanged.
Main market closed with Carreras trading 5,246,517 units in cornering 44.5 percent of the day’s volume, followed by JMMB Group 7.5% preference share with 3,560,341 units and 32 percent of the day’s volume and NCB Financial with just under 1,123,415 units for 9.5 percent of traded volume.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 2 stocks ending with the bid higher than the last selling prices and 1 closing with a lower offer.
The market closed with much more trading volume and value than on Tuesday as 11,783,312 units valued at $255,248,656 changed hands, compared with 12,215,304 units valued  at $798,389,015 being exchanged, on Tuesday.
Trading resulted in an average of 406,321 units valued at over $8,801,678, in contrast to 436,261 shares valued at $28,513,893 on Tuesday. The average volume and value for the month to date, amounts to 277,708 valued at $6,231,079, compared to 268,764 valued at $6,039,932. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In the main market activity, Berger Paints gained 67 cents and closed at $19.68, trading 650 shares, Caribbean Cement dropped $8 to close at $42 in trading of 17,402 shares, Grace Kennedy ended trading at $55, with 7,826 shares, JMMB Group declined $1.20 to $31.80, with an exchange of 28,707 shares, Jamaica Producers gained 55 cents and finished trading of 600 units at $22.55, Jamaica Stock Exchange lost 45 cents and closed at $10, with an exchange of 66,537 shares. NCB Financial Group lost $1.49 and ended trading at $134.50, with 1.1 million shares, PanJam Investment fell $2 in closing at $62, with an exchange of 5,991 stock units, Portland JSX ended at $8.49, after gaining 68 cents with 5,736 units, Seprod gained $1.01 to end trading of 273,687 shares at $30.01, Sterling Investments rose 50 cents to close at $20.50, with 4,456 shares trading and Supreme Ventures added 50 cents and ended at $16.50, with an exchange of 28,417 shares.

Trading in the US dollar market amounted to 29,838 units valued at $5,593 as JMMB Group 6% traded 1,040 units to close at $1.04, Proven Investments end trading of 25,000 shares at 19 U$ cents and Sygnus Credit Investments USD share ended with 850 units changing hands at 10 US cents after rising by a cent. The JSE USD Equities Index gained 1.05 points down to close at 158.82.

 

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JSE stocks making strong recovery

November 20, 2018 by

The Jamaica Stock Exchange main market indices were pushed sharply higher on Tuesday, sending the All Jamaica Index surging 5,742.86 points to 397,756.57 and JSE Index jumped 5,232.40 points to close at 362,401.24, thanks partially to jump in the price of NCB Financial.
Market activity closed with 32 active securities in the main and US dollar markets, compared to 30 on Thursday with the prices of 13 stocks rose, 9 declined and 10 remained unchanged.
Main market trading closed with JMMB Group leading with 5,977,409 units, or 49 percent of the day’s volume and NCB Financial with just under 4.29 million units and 35 percent of volume traded.
IC bid-offer Indicator|At the end of trading, the Choice bid-offer indicator reading shows 3 stocks ending with the bid higher than the last selling prices and 7 closing with lower offers.
The market closed with much more trading volume and value than on Monday as 12,215,304 units valued at over $798,389,015 changed hands, compared with 8,566,949 units valued at $433,399,089 being exchanged, on Monday.
Trading resulted in an average of 436,261 units valued at over $28,513,893, in contrast to 295,412 shares valued at $14,944,796 on Monday. The average volume and value for the month to date, amounts to 268,764 valued at $6,039,932, compared to 256,707 valued at $4,301,615. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In the main market activity, Barita Investments gained 74 cents and closed at $19.75, trading 2,000 shares, Carreras concluded trading of 10,257 units and lost 32 cents at $9.50, Caribbean Cement jumped $7.75 to close at $50 in trading of 7,325 shares, PanJam Investment rose $2.30 in closing at $64, with an exchange of 62,978 stock units, Sagicor Group advanced by $2 to $39 with an exchange of 3,563 shares, Sagicor Real Estate Fund gained 30 cents and settled at $11.75, trading 3,880 shares, Scotia Group gained $2.99 trading 31,977 to close at $55.99, Seprod shed 50 cents to end trading of 156,060 shares at $29.50 and Sterling Investments  fell 50 cents and closed at $20, with 3,094 shares.
Trading in the US dollar market amounted to 43,400 units valued at over $18,506 as JMMB Group 6.00% traded 12,100 units losing 1 cent to close at $1.04, Productive Business Solution traded 1,000 shares at 59 US cents, Proven Investments closed the trading of 25,000 shares at 19 U$ cents and Sygnus Credit Investments USD share ended with 5,300 units changing hands and rose 1 cent to 9 US cents..
The JSE USD Equities Index inched 0.02 points down to close at 157.77.

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Main market stocks make gains – Monday

November 19, 2018 by

Grace new HQ close to the end of construction in downtown Kingston

Stocks remained volatile in trading on the Jamaica Stock Exchange on Monday, but the main market indices closed higher with the All Jamaica Index ending 3,162 points ahead of Friday’s close closing much lower than the 9,168.21 points it put on, 30 minutes after trading opened.
Market activity closed with 30 active securities in the main and US dollar markets, compared to 30 on Friday with the prices of 11 stocks rose, 14 declined and 5 remained unchanged.
The All Jamaica Composite Index jumped 3,162.03 points to 392,013.71 and the JSE Index advanced 2,880.96 points to close at 357,168.84.
Main market trading closed with Grace Kennedy leading with 7,016,055 units, or just less than 82 percent of the day’s volume, PanJam Investment with 305,749 units with and 3.6 percent of volume traded.
IC bid-offer Indicator|At the end of trading, the Choice bid-offer indicator reading shows just 7 stocks ending with the bid higher than the last selling prices and 2 closing with lower offers.
The market closed with much more trading volume and value than on Friday as 8,566,949 units valued at $433,399,089 changed hands, compared with 7,711,871 units valued at $172,980,680 being exchanged, on Friday.
Trading resulted in an average of 295,412 units valued at over $14,944,796, in contrast to 275,424 shares valued at $6,177,881 on Friday. The average volume and value for the month to date, amounts to 256,707 valued at $4,301,615, compared to 253,590 valued at $3,374,731. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In the main market activity, Berger Paints rose 40 cents and ended at $19, trading 5,200 stock units, Carreras concluded trading of 32,622 units and rose of 50 cents at $9.50, Caribbean Cement dropped $7.75 to close at $42.25 in trading of 28,547 shares, Grace Kennedy rose $1 to end trading 7 million shares to close at $54, Jamaica Producers dipped $2.51 to end at $22, trading 4,130 shares, JMMB Group declined $1.20 to $31.80, with an exchange of 28,707 shares, PanJam Investment dropped $4 in closing at $61.70, with an exchange of 305,749 stock units, Sagicor Group gave up $1.50 and settled at $37 with an exchange of 130,395 shares, Sagicor Real Estate Fund lost 55 cents and settled at $11.45, trading 28,900 shares, Salada Foods rose $1 to close at $21.50 trading 6,300 shares, Scotia Group dropped $2.99 trading 31,977 to close at $53, Seprod gained $1 to end trading of 150,547 shares at $29.50,  traded 8,063 shares and rose Stanley Motta 70 cents to $5.25, Sterling Investments climbed 75 cents to $20.50, trading 1,100 shares and Supreme Ventures lost 99 cents and ended at $16, with an exchange of 44,431 shares.

Trading in the US dollar market amounted to 17,541 units valued at $3,348 as Proven Investments was the sole stock trading and ended at 19 U$ cents.
The JSE USD Equities Index inched 0.36 points higher to close at 157.79.

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Falling stocks dominate JSE main market – Thursday

November 15, 2018 by

The Jamaica Stock Exchange main market lost more ground on Thursday, with volume exceeding Wednesday’s levels by a wide margin.
Market activity closed with 32 active securities in the main and US dollar markets, compared to 33 on Wednesday with the prices of 8 stocks rose, 18 declined and 6 remained unchanged.
The All Jamaica Composite Index lost 299.44 points to end at 390,498.41 and the JSE Index declined by 272.83 points to close at 355,788.24.
Main market trading closed with Jamaica Producers leading with 650,876 units, or 19.7 percent of the day’s volume, Seprod with 616,205 units and 18.7 percent of volume traded and 1834 Investments with 443,270 units accounting for 13.4 percent of main market volume.
IC bid-offer Indicator|At the end of trading, the Choice bid-offer indicator reading shows just 2 stocks ending with the bid higher than the last selling prices and 3 closing with lower offers.
The market closed with much trading volume than on Wednesday as 3,304,274 units valued at $77,547,412 changed hands, compared with 7,229,792 units valued at $190,325,727 being exchanged, on Wednesday.
Trading resulted in an average of 110,142 units valued at over $2,584,914, in contrast to 225,931 shares valued at $5,947,679 on Wednesday. The average volume and value for the month to date, amounts to 251,748 valued at $3,117,393, compared to 265,815 valued at $3,175,481. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In the main market activity, Barita Investments lost $1 to close at $19, trading 140,000 shares, Berger Paints lost $1.40 and ended at $18.60, with 6,680 stock units, Caribbean Cement dived $4 to close at $46 in trading of 500 shares, Grace Kennedy rose 60 cents to end trading of 10,836 shares at $55, Jamaica Producers dipped 99 cents to end at $23.01, trading 650,876 shares, Jamaica Stock Exchange lost 84 cents, in closing at $10.16, trading 96,393 shares, JMMB Group rose $1.60 to $34, with an exchange of 63,957 shares, Kingston Wharves dropped $2 to $76 trading 14,080 shares, Mayberry Investments shed 43 cents to settle at $9.57, in exchanging 13,638 units, NCB Financial Group rose 40 cents and ended trading of 164,248 shares at $130.41. PanJam Investment gained 60 cents in closing at $65.10, with an exchange of just 1,775 stock units, Sagicor Group declined 90 cents to $38.65, trading 37,603 shares, Sagicor Real Estate Fund fell 98 cents and settled at $11.50, trading 64,571 shares, Scotia Group rose $4.70 trading 90,583 to close at $55.99, Seprod rose $2.50 to end trading 616,205 shares at $29.50, Sterling Investments lost 75 cents and closed at $19.75, trading 800 shares, Supreme Ventures lost 50 cents and ended at $16.50, with an exchange of 156,532 shares and Sygnus Credit Investments Jamaican dollar based ordinary share dropped 95 cents in trading 33,550 units at $11.05.
Trading in the US dollar market amounted to 40,126 units valued at $5,783. Proven investments completed trading 21,126 shares to end at 20 U$ cents and rose 0.5 cents and Sygnus Credit Investments US dollar based ordinary share dropped 2 cents in trading 19,000 units at an all-time low of 8 US cents. The JSE USD Equities Index fell 3.13 points to close at 159.65.

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Palace plunged $500 on Wednesday

November 14, 2018 by

Palace Dropped $500 back to $1,000.

After months with no trades, with investors offering the stock well below that last traded price of $1,500, Palace Amusement finally traded but with just 100 units, the trade took place on The Jamaica Stock Exchange on Wednesday for $500 less than the previous traded price. 
Market activity closed with 33 active securities in the main and US dollar markets, compared to 30 on Tuesday with the prices of 10 stocks rose, 9 declined and 14 remained unchanged.
The All Jamaica Composite Index lost 139.79 points to close at 390,797.85 and the JSE Index declined by 127.37 points to close at 356,061.07.
Main market trading closed with Jamaica Broilers leading with 2,506,851 units, or 34.7 percent of the day’s volume, Scotia Group with 1,533,780 units and 21 percent of volume traded and Radio Jamaica with 1,002,700 units accounting for 13.9 percent of main market volume.
IC bid-offer Indicator|At the end of trading, the Choice bid-offer indicator reading shows just 3 stocks ending with the bid higher than the last selling prices and 5 closing with lower offers.
Trading closed with 7,229,792 units valued at $190,325,727 changing hands compared with 2,275,042 units valued at $61,431,938 being exchanged, on Tuesday.
Trading resulted in an average of 225,931 units valued at over $5,947,679, in contrast to 81,252 shares valued at $2,193,998 on Tuesday. The average volume and value for the month to date, amounts to 265,815 valued at $3,175,481, compared to 270,542 valued at $2,810,418. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In the main market activity, Barita Investments shed 50 cents to close at $20, trading 12,416 shares, Berger Paints shed $2.95 and ended at $20, trading 3,500 stock units, Caribbean Cement climbed $1 to close at $50 in trading of 13,030 shares, Grace Kennedy lost 70 cents and ended trading 63,596 shares at $55. Jamaica Broilers traded 40,054 stock units and rose $1.32 to close at $30, Jamaica Stock Exchange gained 50 cents, in closing at $11, trading 277,496 shares, JMMB Group fell 50 cents and ended at $32.50, with an exchange of 36,416 shares, Kingston Wharves climbed $2 to $78 trading 20,100 shares, Mayberry Investments added 43 cents to settle at $10, in exchanging 26,167 units, NCB Financial Group dropped $1.99 in trading of 91,041 shares at $130.01. Palace Amusement traded just 100 units but fell $500 in closing at $1,000, PanJam Investment lost $1.20 in closing at $64.50, with an exchange of just 3,690 stock units, Pulse Investments rose 60 cents in trading 3,000 units at $3.60, Sagicor Group rose 55 cents to $39.55, trading 222,240 shares, Salada Foods gained 50 cents and settled at $21.50, trading 14,000 shares, Scotia Group traded 1,533,780 shares and declined $1.70 at $48.80 and Seprod dived $8 to end trading 4,389 shares at $27.
Trading in the US dollar market saw Proven investments as the sole stock to trade and completed trading of a mere 367 shares and rose 0.5 cents to end at 20 U$ cents.The JSE USD Equities Index rose 1.86 points to close at 162.78.

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JSE main market down again on Tuesday

November 13, 2018 by

The Jamaica Stock Exchange main market lost ground on Tuesday but with the advancing stocks just edged out declining stocks by one.
Market activity closed with 30 active securities in the main and US dollar markets, compared to 29 on Monday with the prices of 10 stocks rose, 9 declined and 11 remained unchanged.
The All Jamaica Composite Index lost 1,977.46 points to close at 390,937.64 and the JSE Index declined by 1,801.69 points to close at 356,188.44.
Main market trading closed with Scotia Group leading with 498,076 units, or 22 percent of the day’s volume, Wisynco Group with 438,385 units and 19 percent of volume traded and Mayberry Jamaican Equities with 420,374 units accounting for 18.5 percent of main market volume.
IC bid-offer Indicator|At the end of trading, the Choice bid-offer indicator reading shows just 3 stocks ending with the bid higher than the last selling prices and 5 closing with lower offers.
Trading closed with 2,275,042 units valued at $61,431,938 changing hands compared with 2,530,491 units valued at $58,080,585 being exchanged, on Friday.
Trading resulted in an average of 81,252 units valued at over $2,193,998, in contrast to 93,722 shares valued at $2,151,133 on Monday. The average volume and value for the month to date, amounts to 270,542 valued at $2,810,418, compared to 292,443 valued at $2,890,696. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In the main market activity, Barita Investments gained 50 cent to close at $20.50, trading 550 shares, Caribbean Cement jumped $5 to close at $49 in trading of 18,535 shares, Jamaica Producers gained $1 to end at $24, trading 15,800 shares, JMMB Group fell 90 cents and ended at $33, with an exchange of 110,598 shares, Kingston Wharves dropped $2 to $76 trading 4,800 shares, Mayberry Investments shed 43 cents to settle at $9.57, in exchanging 32,704 units, NCB Financial Group lost $1 and ended trading 127,194 shares at $132, after trading at a 52 weeks’ high of $135.01. PanJam Investment gained $1.70 in closing at $65.70, with an exchange of just 500 stock units, Sagicor Group rose 50 cents to $39, trading 13,945 shares, Sagicor Real Estate Fund gained 50 cents and settled at $12.50, trading 297 shares and Seprod fell $1 and finished trading 4,833 shares at $35.
Trading in the US dollar market ended with 12,200 units valued at over US$20,506 traded, Proven investments completed trading of 429,681 shares and fell 3.5 cents to end at 19.5 U$ cents and Sygnus Credit Investments traded 2,500 units after falling 1 cent to 10 US cents. The JSE USD Equities Index declined by 14.71 points to close at 160.92.

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JSE main market rose again on Friday

November 9, 2018 by

The Jamaica Stock Exchange main market made more gains in the indices in closing of Friday further eroding the 13,784 points lost between Monday and Wednesday.
Market activity closed with 27 active securities in the main and US dollar markets, compared to 26 on Thursday with the prices of 9 stocks falling, 9 rose and 9 remained unchanged.
The All Jamaica Composite Index rose 2,458.12 points to close at 392,478.06 and the JSE Index gained 2,239.62 points to close at 357,591.94.
Main market trading closed with NCB Financial leading with 857,402 units, or 19.3 percent of the day’s volume, Victoria Mutual Investments with 787,348 units and 17.7 percent of volume traded and Jamaica Broilers with 723,426 units with 16.3 percent of the day’s volume.
IC bid-offer Indicator|At the end of trading, the Choice bid-offer indicator reading shows just 1 stock ending with the bid higher than the last selling prices and 4 closing with lower offers.
Trading closed with 4,441,819 units valued at $191,130,108 changing hands compared with 1,665,733 units valued at over $37,959,691 being exchanged, on Thursday.
Trading resulted in an average of 177,673 units valued at over $7,645,204, in contrast to 35,241 shares valued at $1,941,745 on Thursday. The average volume and value for the month to date, amounts to 317,399 valued at $2,996,910, compared to 335,784 valued at $2,283,981. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In the main market activity, Caribbean Cement shed 75 cents to close at $42.25 in closing trading of 31,531 shares, Grace Kennedy jumped $2.90 in trading 12,730 shares to close at $56, Jamaica Producers lost $1.51 to end at $23, trading 234,083 shares, Jamaica Stock Exchange rose 45 cents to close at $10.45, with 69,004 shares traded, JMMB Group rose 89 cents and ended at $33.90, with an exchange of 37,478 shares, Mayberry Investments shed $2.50 to settle at $10.50, in exchanging 15,799 units, Mayberry Jamaica Equities traded 266,879 units but fell 30 cents to close at $10, PanJam Investment gained $1 and closed at $63, with an exchange of 4,774 stock units, Pulse Investments shed $1 trading just 100 shares at $3, Seprod lost $1 and finished trading of 34,130 shares at $38.00, Sagicor Group jumped $1 to $40, trading 33,174 shares and Supreme Ventures lost $1, ending at $16, trading 62,025 units.
Trading in the US dollar market ended with 37,210 units valued at $48,801 traded, with JMMB Group 5.75% percent preference share completed trading of 9,880 to end at $2 and JMMB Group 6% percent preference share completed trading of 27,330 and lost 2 cents to end at $1.05. The JSE USD Equities Index closed unchanged at 165.33.

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