3 new stocks now in IC TOP 10

Stocks mostly closed higher on the Jamaica Stock Exchange during the past week as Lasco Financial returns along with Caribbean Cement and Sagicor Group.
Leaving IC Insider TOP 10 at the end of the week are Everything Fresh, Jamaica Broilers and Sygnus Credit Investments.
Rising stock prices in the last week help in reducing the projected gains in to leading stocks compared to position at the end of the prior week. The three leading Junior Market stocks for the coming week are, Caribbean Producers with projected gains of 227 percent, followed by Iron Rock with likely gains of 213 percent and AMG Packaging with possible gains of 202 percent.
Sterling Investments with potential gains of 203 percent leads main market stocks, followed by Radio Jamaica with 150 percent and Berger Paints in third spot with the potential to gain 147 percent within twelve months.
The main market, closed the week with the overall PE at 14.8 and the Junior Market at 11.2. The PE ratio for Junior Market Top 10 stocks averages 7.2 and the main market PE 8.8. These levels, point to a big upside for TOP 10 stocks over the next 12 months and Junior Market stocks in particular.
The TOP 10 stocks now trade at an average discount of 36 percent to the average for the Junior Market Top stocks and main market stocks trade at a discount of 41 percent to the overall market.
TOP 10 stocks are likely to deliver the best returns within a 12 months period. Projected earnings, for each company’s current fiscal year, are used in determining, the selected stocks. The PE for and projected earnings for each stock are computed to show potential gains for the year, which are ranked in descending order. Potential values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis as new information is received that can result in changes in and out of the list.

This report is compiled by persons who may have interest in the securities commented on.

JSE record run ends abrutly

Bear appeared on Friday but wont stick around too long.

The Jamaica Stock Exchange main market record run finally ended on Friday as the JSE All Jamaican Composite Index dropped 5,680.10 points to 479,242.46 and the JSE Index dived 5,161.72 points to 436,494.54.
At the close market activity, on the main and US markets, the prices of 11 securities advanced, 18 declined and 7 traded firm, as a total of 36 securities traded, compared to 35 on Thursday. Market activity ended with 104,623,709 units valued $541,856,427, in contrast to 18,955,666 units valued $147,418,895 on Thursday.
Wigton Windfarm continues to dominate trading since listing in late May, closing with 93.76 million shares changing hands and 90 percent of total trades, followed by Scotia Group with 3.45 million stock units and 3.3 percent of the day’s trades and Grace Kennedy with 2 million units for 2 percent of volume traded.
The market closed with average of 2,989,249 units valued at over $15,481,612, in contrast to 557,520 shares valued at $4,335,850 on Thursday. The average volume and value for the month to date amounts to 1,309,645 shares, with a value of $13,324,556, compared to 860,896 shares, with a value of $9,289,962 previously. May closed with average of 2,248,261 units at an average of $12,751,529 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and 2 with lower offers.
At the close of the market, Berger Paints lost $1.33 to close at $17, trading 33,214 stock units, Caribbean Cement dropped $6.95 to close at $73.05, with an exchange of 30,135 shares, Jamaica Broilers finished trading of 8,696 units with a rise of 49 cents to end at $33. Jamaica Stock Exchange lost 80 cents to end at $19.80, with an exchange of 711,190 shares, Kingston Wharves lost $3 to settle at $68, with an exchange of 3,500 units. Mayberry Jamaican Equities exchanged 414,374 shares after sliding 45 cents to close at $11. NCB Financial Group ended trading of 441,660 shares with a rise of $1.02 to end the day at $170.02, Proven Investment fell $1 in trading 19,897 shares to close at $34, Scotia Group shed 99 cents in trading 3,449,377 units to close at $51.01. Seprod fell $1 to end at $48, in trading 320,989 shares and Supreme Ventures rose 90 cents and settled at $30.90, with 632,307 shares trading.
Trading in the US securities market resulted in 62,500 units valued at over $12,250 changing hands. Market activity ended with Proven Investments traded 62,500 units and closed with a loss of 1 cent at 26 US cents. The JSE USD Equities Index fell 2.79 points to close at 191.58.

Slight bump for Junior Market – Friday

Lasco Manufacturing dominated trading on Friday with 6.7 million shares.

The Junior Market suffered a mild bump in trading on Friday but with 42 percent less volume and a 40 percent fall in value trading, compared to Thursday.
Lasco Manufacturing exchanged 6.75 million of the 8,677,038 units valued $33,362,375 changing hands on Friday, compared to 14,998,387 units valued at $56,019,525 changing hands on Thursday of which Lasco Distributors accounted for 12 million shares.
At the close of market activities, 25 securities changed hands, compared to 31 on Thursday, resulting in prices of 6 advancing, 14 declining and 5 remaining unchanged. The market index slipped 2.73 points to close at 3,137.50 as the Junior Market recovery continues.
Trading ended with an average of 347,082 units for an average of $1,334,495 in contrast to 483,819 units for an average of $1,807,081 on Thursday. The average volume and value for the month to date amounts to 268,336 shares carrying a value of $1,091,470 compared to 251,365 shares carrying a value of $1,039,094 previously. In contrast, May closed with an average of 81,626 units for an average of $311,248 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows just 8 stocks ending with bids higher than the last selling prices and 7 with lower offers.
At the close of the market, AMG Packaging ended with a loss of 1 cent at $1.99, with 133,108 stock units changing hands, CAC 2000 traded 13,979 shares to finish $1 higher at $12, Caribbean Producers closed trading of 9,657 units and gained 15 cents to end at $4.90. Derrimon Trading ended with a loss of 14 cents at $2.85, with an exchange of 85,759 shares, Dolphin Cove concluded trading of 300 shares with a loss of 20 cents at $11.80, Everything Fresh fell 15 cents to $1.60, with 153,748 stock units changing hands, Elite Diagnostic ended trading with 41,945 shares and lost 49 cents in closing at $3.51. Express Catering traded 9 cents higher at $6.99, with 26,101 shares changing hands. FosRich Group exchanged 38,875 shares with a loss of $1.30 to close at $5.20, Fontana closed with a loss of 5 cents at $4.25, with 154,022 stock units crossing the exchange, General Accident ended at $4.15, with 62,229 units changing hands, Honey Bun finished at $6, with an exchange of 16,985 shares. iCreate settled with a loss of 5 cents at 75 cents, with an exchange of  30,573 shares, Indies Pharma ended trading with 172,000 stock units at $3.25, Jamaican Teas closed 5 cents higher at $4.55, in trading 72,555 shares, Jetcon Corporation ended with a loss of 5 cents at $1.95, with an exchange of  106,045 shares. Lasco Distributors ended trading 466,534 shares, with a loss of 20 cents at $3.30, Lasco Financial traded 1 cent higher at $5.10, with 135,551 shares changing hands, Lasco Manufacturing exchanged 6,752,501 stock units and rose 9 cents to $3.91, Main Event closed with a loss of 69 cents at $5.21, with an exchange of 37,554 units. Medical Disposables ended with a loss of 55 cents at $7.45, with 75,100 shares trading, Paramount Trading concluded trading of 250 shares, at $2.20, SSL Venture Capital  finished with a loss of 10 cents at $1.30, with 6,871 shares crossing the exchange, Stationery and Office Supplies settled with a loss of 3 cents at $9.10, with an exchange of  56,796 stock units and Sweet River ended trading of 28,000 units at $2.56.

10 unbroken JSE main market record close

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NCB Financial traded at a record high of $184.85 on Thursday.

The Jamaica Stock Exchange main market ended its ninth consecutive day of trading with another record close on Thursday, as investors pushed JMMB group to a record $42.50 and NCB Financial to a record high of $184.85, before they both pulled back at the close.
The JSE All Jamaican Composite Index jumped 4,510.51 points to end at a record close of 484,922.56 and the JSE Index climbed 4,099.18 points to record close of 441,656.26.
At the close market activity, on the main and US markets, the prices of 11 securities advanced, 12 declined and 12 traded firm, as a total of 35 securities traded, compared to 33 on Wednesday. Market activity ended with 18,955,666 units valued $147,418,895, in contrast to 27,861,999 units valued $644,155,189 on Wednesday.
Wigton Windfarm continues to dominate trading since listing in late May, closing with 13.9 million shares changing hands and 73 percent of total trades, followed by JMMB Group with 919,914 stock units and 5 percent of the day’s trades and Victoria Mutual Investments with 684,263 units for 4 percent of volume traded.
The market closed with average of 557,520 units valued at over $4,335,850, in contrast to 870,687 shares valued at $20,129,850 on Wednesday. The average volume and value for the month to date amounts to 860,896 shares, with a value of $9,289,962, compared to 967,234 shares, with a value of $11,026,454 previously. May closed with average of 2,248,261 units at an average of $12,751,529 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 2 with lower offers.
At the close of the market, Jamaica Broilers finished trading of 16,449 units with a rise of 76 cents to end at $32.51. Jamaica Producers added 99cents to close at $27, with 15,401 shares trading, Jamaica Stock Exchange lost 65 cents to end at $19., with an exchange of 44,163 shares, JMMB Group climbed 39 cents and concluded trading with 919,914 shares at $40, Mayberry Jamaican Equities exchanged 27,963 shares after sliding 85 cents to close at $11.45. NCB Financial Group ended trading of 121,084 shares at a record high of $184.85 but fell $1 to end the day at $169, PanJam Investment fell $1.01 in trading 30,101 shares to close at $94.99. Sagicor Group lost 40 cents in trading 113,467 stock units, to end at $48, Scotia Group gained $1 in trading 105,105 units to close at $52, Seprod fell 75 cents to end at $49.20, in trading 46,911 shares and Supreme Ventures lost 50 cents and settled at $30, with 521,695 shares trading. Sygnus Credit Investments added 50 cents in traded 138,512 units in closing at $13.50.
Trading in the US securities market resulted in 21,177 units valued $2,329 changing hands. Market activity ended with Sygnus Credit Investments traded 21,177 units and closed with a loss of 1 cent at 11 US cents. The JSE USD Equities Index fell 0.06 points to close at 194.37.

Good day for Junior Market – Thursday

The Junior Market index make strong gains at the close of trading on Thursday with 483 percent more volume with 398 percent more value trading than on Wednesday.
Lasco Distributors traded 12 million shares of 14,998,387 units valued at $56,019,525 changing hands on Thursday. The day’s trading compares to 2,571,153 units valued at $11,256,502 changing hands on Wednesday.
At the close of market activities, 31 securities changed hands, compared to 27 on Wednesday, resulting in prices of 12 advancing, 8 declining and 11 remaining unchanged. The market index climbed 32.46 points to close at 3,140.23 as the Junior Market recovery continues.
Trading ended with an average of 483,819 units for an average of $1,807,081 in contrast to 95,228 units for an average of $416,907 on Wednesday. The average volume and value for the month to date amounts to 251,365 shares carrying a value of $1,039,094 compared to 166,588 shares with a value of $759,004 previously. In contrast, April closed with an average of 81,626 units for an average of $311,248 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows just 2 stocks ending with bids higher than the last selling prices and 3 with lower offers.
At the close of the market, Access Financial closed $1.81 higher at $45.01 with 200 shares changing hands, AMG Packaging ended at $2, with an exchange of 52,275 stock units, Blue Power concluded trading 10,000 units with a loss of 9 cents at $4.43, CAC 2000 finished 55 cents higher at $11, trading 2,000 shares. Cargo Handlers gained 20 cents to end at $9.50, as 148 shares were exchanged, Caribbean Producers finished trading 2,000 units and rose 25 cents to $4.75, Consolidated Bakeries closed with a loss of 1 cent at $2, with an exchange of 36,893 shares, Derrimon Trading ended 4 cents higher at $2.99, in exchanging 72,329 shares. Everything Fresh gained 5 cents to end at $1.75, with 70,041 stock units changing hands. Elite Diagnostic traded at a 52 weeks’ intraday high of $4.24 but ended with a rise of 20 cents to $4 after trading 122,114 shares, Express Catering traded 289,605 shares with a loss of 10 cents at $6.90, FosRich Group ended trading of 14,275 shares with a jump of $1.50 to a record high of $6.50. Fontana closed with a loss of 5 cents at $4.30, with 151,064 stock units changing hands, General Accident ended 3 cents higher at $4.15, with an exchange of 96,000 units, GWest Corporation closed trading of 300 shares with a loss of 1 cent to end at $1.30. Honey Bun traded at $6.28 but finished at $6, with 917,193 shares crossing the exchange, iCreate closed unchanged at 80 cents, with an exchange of 747 shares, Indies Pharma ended trading 150,888 stock units with the price rising 9 cents to $3.25, Iron Rock traded 2,184 units and gained 24 cents to end at $3.84. Jamaican Teas closed at $4.50, with 132,780 shares changing hands, Jetcon Corporation ended at $2, with 78,788 shares traded, Key Insurance concluded trading of 13,000 stock units, with a loss of 20 cents at $3.15, Knutsford Express settled at $12.90, with 180 shares changing hands, Lasco Distributors traded 12,042,080 shares at $3.50. Lasco Financial exchanged 372,419 shares after rising 22 cents to $5.09, Lasco Manufacturing traded 51,779 stock units with a loss of 3 cents at $3.82, Main Event closed at $5.90, with 253 units crossing the exchange, Medical Disposables ended at $8, with an exchange of 211,300 shares. SSL Venture Capital  finished with a loss of 5 cents to a 52 weeks’ low of $1.40 with 70,000 shares changing hands, Stationery and Office Supplies settled at $9.13, with an exchange of 3,500 stock units and tTech traded 32,052 shares at $5.70.

Prices of securities trading are those at which the last trade took place.  

9 unbroken JSE majors record close

New record high for the JSE main market.

The Jamaica Stock Exchange main market ended its ninth consecutive day with another record close on Wednesday, even as advancing stocks were outdone by losers.
The JSE All Jamaican Composite Index jumped 3,093.87 points to a new record close of 480,412.05 and the JSE Index climbed by 2,811.51 points to a record 437,557.08.
At the close of market activity, on the main and US markets, the prices of 7 securities advanced, 9 declined and 17 traded firm as a total of 33 securities traded compared to 35 on Tuesday. Market activity ended with 27,861,999 units valued $644,155,189, in contrast to 30,804,536 units valued at $160,506,295 on Tuesday.
Wigton Windfarm that continues to dominate trading since listing in late May and closed with 20 million shares and 72 percent of total trades, followed by NCB Financial Group  with 3.15 million and 11 percent of the day’s trades and Wisynco with just over 1.22 million units for 4 percent of volume traded.
The market closed with average of 870,687 units valued at over $20,129,850, in contrast to 993,695 shares valued at $5,177,622 on Tuesday. The average volume and value for the month to date amounts to 967,234 shares, with a value of $11,026,454, compared to 1,014,765 units valued $6,544,783 previously. May closed with average of 2,248,261 units at an average of $12,751,529 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 2 with lower offers.
At the close of the market, Jamaica Producers  added 86 cents to close at $26.01, with 148,662 shares trading, JMMB Group  climbed 61 cents and concluded trading with 88,201 shares at $39.61, NCB Financial Group  finished trading 3,145,079 shares at a record closing high of $170, after rising $2, PanJam Investment  concluded trading with 10,649 shares and rose 60 cents to end at $96. Scotia Group  traded 184,156 units and lost 50 cents, to close at $51, Seprod fell 75 cents to end at $49.20, in trading 46,911 shares and Supreme Ventures  lost 50 cents and settled at $30.50, with 815,089 shares trading.
Trading in the US securities market resulted in 154,621 units valued at over $41,350 changing hands. Market activity ended with Proven Investments closing with 154,621 units with a rise of 1 cent to 27 US cents.  The JSE USD Equities Index advanced by 2.79 points to close at 194.43.

Modest Junior Market gains – Wednesday

The Junior Market index was steady at the close of trading on Wednesday with advancing stocks just out pacing declining ones with reduced volume and value.
At the close of market activities, 27 securities changed hands, compared to 28 on Tuesday, resulting in prices of 9 advancing, 8 declining and 10 remaining unchanged. The market index rose just 4.75 points to close at 3,107.77.
Trading resulted in an exchange of 2,571,153 units valued at $11,256,502 compared to 8,807,543 units valued at $41,064,037 changing hands on Tuesday.
Trading ended with an average of 95,228 units for an average of $416,907 in contrast to 314,555 units for an average of $1,466,573 on Tuesday. The average volume and value for the month to date amounts to 166,588 shares carrying a value of 759,004 compared to 199,807 units valued at $918,256 previously. In contrast, May closed with an average of 81,626 units for an average of $311,248 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows just 2 stocks ending with bids higher than the last selling prices and 5 with lower offers.
At the close of the market, AMG Packaging ended at $2, with 100,100 stock units changing hands, Caribbean Flavours dropped $1 to close at $16, with an exchange of 1,621 stock units, Caribbean Producers finished trading 575,870 units at $4.50, Derrimon Trading ended 1 cent higher at $2.95, with 5,100 shares changing hands. Dolphin Cove concluded trading of 34,292 shares at $12, Everything Fresh finished 19 cents higher at $1.70, with 173,457 stock units crossing the exchange, Elite Diagnostic ended trading 14,306 shares and lost 19 cents to close at $3.80, Express Catering traded 512,500 shares with a rise of 50 cents to close at $7. FosRich Group finished trading of 33,000 shares at $5, Fontana closed with a loss of 3 cents at $4.35, with 58,483 stock units changing hands, General Accident ended with a loss of 33 cents at $4.12, with an exchange of 105,000 units, GWest Corporation concluded trading of 25,900 shares after rising 10 cents to $1.31. Honey Bun finished 35 cents higher at $6, with an exchange of 38,490 shares, but traded at a 52 weeks’ intraday high of $6.50, iCreate settled at 80 cents, with 135,224 shares changing hands. Indies Pharma ended trading with 193,782 stock units, after losing 14 cents to close at $3.16, Iron Rock  traded 10 cents higher at $3.60, with an exchange of 66,000 units. Jamaican Teas  closed at $4.50, with 9,975 shares changing hands, Jetcon Corporation  ended 5 cents higher at $2, with 20,521 shares traded, KLE Group ended at $2.15, while trading 49,506 units, Lasco Distributors  ended trading with 71,313 shares at $3.50. Lasco Financial  exchanged 60,992 shares with a loss of 3 cents at $4.87,  Lasco Manufacturing  finished trading 158,687 stock units at $3.85,  Main Event  closed 10 cents higher at $5.90, with 16,600 units changing hands, Paramount Trading concluded trading of 100 shares and rose 10 cents to $2.20. SSL Venture Capital finished with a loss of 20 cents end at a 52 weeks’ low of $1.45, after exchanging 57,400 shares, Stationery and Office settled with a loss of 7 cents at $9.13, with an exchange of 52,600 stock units and tTech traded at $5.70, with 334 shares changing hands.

Prices of securities trading are those at which the last trade took place.  

More record close for JSE main market

The Jamaica Stock Exchange chalked up its eighth consecutive record close on Tuesday as advancing stocks out did losers almost three to one.
JSE All Jamaican Composite Index jumped 1,998.21 points to a record close of 477,318.18 and the JSE Index climbed 1,815.85 points to another record close of 434,745.57.
 At the close market activity, on the main and US markets, the prices of 20 securities advanced, 9 declined and 4 traded firm as a total of 33 securities traded compared to 35 on Monday. Market activity ended with 30,804,536 units valued at $160,506,295, in contrast to 35,155,198 units valued $264,904,598 on Tuesday.
Wigton Windfarm continues to dominate trading since listing in late May and closed with just 25.3 million shares and 82 percent of total trades, followed by Supreme Ventures with 2.46 million and 8 percent of the day’s trades and Carreras with just over 1 million units for 3.4 percent of volume traded.
The market closed with average of 993,695 units valued at an average of $5,177,622 for each security traded. In contrast to 1,033,976 units for an average of $7,791,312 on Monday. The average volume and value for the month to date amounts to 1,014,765 units valued $6,544,783. May closed with average of 2,248,261 units at an average of $12,751,529 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 2 with lower offers.
At the close of the market, Berger Paints gained 40 cents to close at $18.40, trading 3,600 stock units, Caribbean Cement climbed $1 to close at $80, with an exchange of 19,648 shares, Jamaica Broilers finished trading of 122,576 units but fell 30 cents to end at $31.70. Jamaica Producers added 65 cents to close at $25.15, with 19,066 shares trading, Jamaica Stock Exchange lost 35 cents to end at $19.65, with an exchange of 35,817 shares, JMMB Group lost 50 cents and concluded trading with 71,131 shares at $39, Kingston Wharves rose $1 to settle at $71, with an exchange of 1,770 units. Mayberry Jamaican Equities exchanged 47,989 shares after rising 65 cents to close at $12.35, NCB Financial Group  finished trading 22,975 shares at a record closing high of $168, after rising $1, PanJam Investment  concluded trading with 2,154 shares but lost 60 cents to end at $95.50. Sagicor Group  traded 299,516 units and gained 30 cents to close at $48.50, Seprod climbed $1.95 to end at $49.95, in trading 125,881 shares and Supreme Ventures  gained $1 and settled at $31, with 655,299 shares trading.
Trading in the US securities market resulted in 54,482 units valued $20,746 changing hands. Market activity ended with  JMMB Group 5.75% concluded trading of 3,782 units to finish at US$2 and Proven Investments closed with 50,700 units with a fall of 1 cent at 26 US cents.  The JSE USD Equities Index shed 3.74 points to close at 191.64.

Junior Market gives up some gains – Tuesday

Junior Market stock trading.

Having enjoyed two days of strong gains, the Junior Market index gave back some of the gains despite advancing stocks out numbering declining ones on Tuesday.
At the close of market activities, 28 securities changed hands, compared to 30 on Monday, resulting in prices of 13 advancing, 9 declining and 6 remaining unchanged leaving the index falling 15.27 points to close at 3,103.02.
Trading resulted in an exchange of 8,807,543 units valued $41,064,037 compared to 2,781,261 units valued at $12,194,821 changing hands on Monday.
Trading ended with an average of 314,555 units for an average of $1,466,573 in contrast to 92,709 units for an average of $406,494 on Monday. The average volume and value for the month to date amounts to units 199,807 valued at $918,256. In contrast, April closed with an average of 81,626 units for an average of $311,248 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows just 6 stocks ending with bids higher than the last selling prices and 3 with lower offers.
At the close of the market, AMG Packaging ended at $2, with 138,475 stock units changing hands, Blue Power concluded trading of 12,000 units and rose 2 cents to end at $4.52, Cargo Handlers settled with a loss of 2 cents at $9.30, with 12,000 shares crossing the exchange. Caribbean Producers ended trading of 6,001,795 units and lost 30 cents to close at $4.50, Consolidated Bakeries closed 1 cent higher at $2.01, with 35,400 shares changing hands, Derrimon Trading ended with a loss of 1 cent at $2.94, with an exchange of 51,579 shares, Dolphin Cove concluded trading of 304,500 shares at $12. Elite Diagnostic exchanged 47,458 shares and rose 19 cents to close at $3.99, Express Catering lost 30 cents to close at $6.50, with 29,504 shares crossing the exchange. FosRich Group rose 5 cents to close at $5, with an exchange of 30,364 shares, Fontana closed 3 cents higher at $4.38, with 1,498,782 stock units changing hands, General Accident gained 25 cents to close at $4.45, with an exchange of 19,242 units, GWest Corporation concluded trading of 90,500 shares with a loss of 5 cents at $1.21. Honey Bun finished with a loss of 35 cents at $5.65, with 112,083 shares changing hands, Indies Pharma ended trading with 34,891 stock units at $3.30, Iron Rock traded 8,600 units, with a loss of 34 cents at $3.50, Jamaican Teas closed 32 cents higher at $4.50, with 1,000 shares changing hands. Jetcon Corporation  ended 9 cents higher at $1.95, with an exchange of 21,000 shares, KLE Group  finished 15 cents higher at $2.15, with 10,000 units changing hands, Knutsford Express  climbed $1.10 to $12.90, trading 8,000 shares, Lasco Distributors  ended trading of 84,384 shares with a loss of 15 cents at $3.50. Lasco Financial  rose 16 cents to $4.90, with 57,376 shares changing hands, Lasco Manufacturing  finished the trading 112,100 stock units at $3.85, Main Event closed 45 cents higher at $5.80, with 1,200 units crossing the exchange, Medical Disposables ended at $8, with 40,842 shares trading. Stationery and Office settled 16 cents higher at $9.20, with 24,764 stock units trading, Sweet River lost 46 cents to end at a 52 weeks’ closing low of $2.56, with 1,536 units crossing the exchange and tTech closed at $5.70, with 18,168 shares changing hands.

Prices of securities trading are those at which the last trade took place.  

Seven days of unbroken records

Seven straight record close for JSE main market.

The main market of the Jamaica Stock Exchange on Monday continue its record run with seven unbroken record close, but it just made it as declining stocks outnumbered advancing ones by a gig margin.
At the close the  JSE All Jamaican Composite Index inched just 29.46 points to end at a record close of 475,319.97 and the JSE Index edged higher by a mere 26.77 points to a record 432,929.72.
At the close market activity, on the main and US markets with the prices of just 8 securities advancing, 18 falling and traded firm as a total of compared to 35 securities trading on Friday. Market activity ended with 35,155,198 units valued at $264,904,598, in contrast to 146,738,895 shares valued at $319,460,370 on Friday.
Wigton Windfarm continues to dominate trading since listing in late May, to end with trading of 18.3 million shares and 52 percent of total trades, followed by Sagicor Real Estate Fund with 8.1 million and 23 percent of the day’s trades. Mayberry Jamaican Equities was next with 4.8 million units for 13.7 percent of volume traded and Jamaica Producers trading 1 million shares.
The market closed with average of 1,033,976 units valued at an average of $7,791,312 for each security traded, in contrast to 4,585,590 units for an average of $9,983,137 on Friday. May closed with average of 2,248,261 units at an average of $12,751,529 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and 2 with lower offers.
At the close of the market, Barita Investments lost 50 cents to close at $45, with 5,467 shares changing hands, Berger Paints declined by 50 cents in ending at $18, trading 4,668 stock units, Caribbean Cement climbed $1 to close at $79, with an exchange of 19,648 shares. Jamaica Broilers finished trading of 18,495 units but fell 95 cents to end at $32, Jamaica Producers lost $1 and closed at $24.50, with 1,072,902 shares trading, JMMB Group rose 50 cents and concluded trading with 178,692 shares at $39.50, Kingston Wharves lost $1 to settle at $70, with an exchange of 5,270 units. NCB Financial Group finished trading 27,674 shares at a record closing high of $167, after rising $2.02, PanJam Investment concluded trading with 273,876 shares and rose 50 cents to end at $96.10,  Sagicor Group  traded 268,818 units and declined by $1.80 to close at $48.20, Seprod  gained 55 cents to end at $48, in trading 53,347 shares. Sterling Investments  lost 43 cents to close at $3.22, with 200 units crossing the exchange and Supreme Ventures  dropped $1.86 and settled at $30, with 655,299 shares trading.
Trading in the US securities market resulted in 48,124 units valued at $13,856 changing hands. Market activity ended with  JMMB Group 6% concluded trading of 2,540 units to finish at US$1.06, Proven Investments closed with 38,429 units with a rise of 2 cents at 26.99 US cents and Sygnus Credit Investments rose 1 cents to end at 12 US cents in trading 7,155 shares. The JSE USD Equities Index advanced by 1.76 points to close at 195.38.