Junior stocks slip on low volume -Thursday

Trading volume fell a sharp 63 percent on the Junior Market of the Jamaica Stock Exchange on Thursday leading to a fall of 18.02 points in the market index to close at 3,156.02.
Trading ended with 25 securities changing hands, similar to Wednesday and resulted in prices of 10 securities advancing, 11 declining and 3 remaining unchanged.
Market activity resulted in an exchange of 917,451 units down 63 percent compared to the 2,474,682 units traded previously. Traded value dropped 56 percent to $3,945,523 from $8,912,227 on Wednesday.
Trading ended with an average of 36,698 units for an average of $157,821 in contrast to 98,987 units for an average of $356,489 on Wednesday. The average volume and value for the month to date, amounts to 89,199 shares valued $325,469 and previously 102,324 shares valued $367,381. In contrast, the average trade in January was 2,245,428 units with a value of $7,372,574 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ended with higher bids than their last selling prices and 4 closing with lower offers.
At the close of the day’s activities, AMG Packaging ended with a loss of 5 cents at $2.40, in trading 55,380 stock units, Blue Power concluded trading of 27,801 units, with a loss of 1 cent in closing at $5, Cargo Handlers settled with a loss of 10 cents at $14.90, with an exchange of 721 shares. Caribbean Producers finished trading 7,440 units at $4.70, Consolidated Bakeries closed with a loss of 33 cents at $1.70, with 12,997 shares changing hands. Derrimon Trading ended at $2.95, with an exchange of 1,500 shares, Dolphin Cove concluded trading of 10,086 shares, with a loss of 70 cents at $14.80, Everything Fresh finished 5 cents higher at $1.60, with the trading of 11,216 stock units, Elite Diagnostic settled 2 cents higher at $3.13, with 5,000 units changing hands. FosRich Group traded 37 cents higher at $3.97, with 490 shares, Fontana ended trading 391,687 shares and rose 1 cent higher to $3.61,  General Accident closed with a loss of 4 cents at $3.90, in exchanging 41,719 stock units, GWest Corporation ended with a loss of 1 cent at $1.44, while trading of 66,734 units. Honey Bun traded 6,015 shares with a loss of 16 cents to end at $3.73, Indies Pharma finished 5 cents higher to $3, with 51,480 shares changing hands, Jamaican Teas traded 2,000 units and rose 15 cents higher to close at $4, Jetcon Corporation finished trading of 2,000 shares with a loss of 10 cents at $3.15. Knutsford Express traded 37,816 stock units with a loss of 60 cents to end at $12.10, Lasco Distributors  closed at $3.80, with 15,000 units changing hands, Lasco Financial  settled 1 cent higher at $4.21, with an exchange of 2,400 shares, Lasco Manufacturing  ended trading 3,086 shares 9 cents higher to $3.39. Main Event  traded 15 cents higher at $5.70, with 100,000 shares changing hands, Medical Disposables  finished trading with a loss of 10 cents at $6.50, with an exchange of 58,183 stock units and SSL Venture Capital ended 20 cents higher at $1.95, with 2,000 shares. In the Junior Market preference segment, CAC 2000 9.5% closed at $1, with 4,700 shares changing hands.

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

 

Robust JSE main market gain – Wednesday

Trading on the main market of the Jamaica Stock Exchange ended on Wednesday with JSE All Jamaican Composite Index climbing 1,683.64 points to 408,184.66 and the JSE Index advancing by 1,532.33 points to close at 371,908.42.
Main market activity ended with just 2,541,810 units valued at $57,485,785, in contrast with 1,062,072 units valued at over $33,962,415 on Tuesday.
The main and US markets traded a total of 34 securities, with prices of 7 rising, 12 declining with 15 remaining unchanged, compared to 29 securities trading on Tuesday.
Supreme Ventures led trading with 622,892 units for 24.5 percent of the day’s volume, followed by Wisynco Group with 539,782 shares and accounting for 21 percent of the total main market volume changing hands and JMMB Group 7.5% preference share with 415,445 stock units for 16 percent of the day’s volume.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 6 stocks ending with bids higher than their last selling prices and 4 closing with lower offers.
An average of 81,994 units valued at an average of $1,854,380, in contrast to 42,483 units valued at $1,358,497 on Tuesday. The average volume and value for the month to date amounts to 523,805 units valued $16,891,062 and previously, 684,936 units valued at $22,375,029. Trading for January resulted in an average of 101,980 units valued at $3,042,494, for each security traded.
In main market activity, Barita Investments fell 40 cents to close at $51, with 158,787 shares changing hands, Jamaica Broilers fell by 49 cents in trading of 21,422 units at $32.51, Jamaica Stock Exchange closed trading with 46,997 units changing hands with a rise of 50 cents to $13.50. Kingston Wharves gained 80 cents and settled at $70.00, with 3,678 units changing hands, 138 Student Living rose 68 cents to $2.99, in trading 100 units, PanJam Investment lost $1 to end at $74 with 4,680 units changing hands. Sagicor Group fell by 25 cents trading 22,412 stock units, to close at $38.75, Scotia Group lost $1.95 and finished trading of 16,288 shares at $51.05 and Seprod lost 99 cents to end at $33.51 with an exchange of 12,894 shares.
Trading in the US dollar market resulted in 61,777 units valued at $6,450 changing hands. Margaritaville  ended trading 477 shares at 24 US cents, Proven Investments traded 6,300 units and rose 1 cent to close at 22 US cents and Sygnus Credit Investments closed trading of 55,000 units to close at 9 US cents. The JSE USD Equities Index advanced 0.33 points to close at 169.42.

Junior Market inched higher on Wednesday

Fontana still dominating Junior Market trading.

The Junior Market index of the Jamaica Stock Exchange inched 4.37 points higher to 3,174.04 at the end of trading on Wednesday, as the prices of 7 securities rose, 12 declined and 6 remained unchanged.
Trading ended with 25 securities changing hands, compared to 27 securities on Tuesday, resulting in an exchange of 2,474,682 units valued at $8,912,227, compared to 2,965,697 units valued at $11,127,007 on Tuesday. Fontana continues to trade in large volumes, ending the day with just under 1.9 million units changing hands.
Trading ended with an average of 98,987 units for an average of $356,489 in contrast to 109,841 units for an average of $412,111 on Tuesday. The average volume and value for the month to date, amount to 102,324 shares valued $367,381 and previously 103,436 shares valued $371,012. In contrast, the average trade in January was 2,245,428 units with a value of $7,372,574 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 2 stocks ended with higher bids than their last selling prices and 3 closing with lower offers.
At the close of the day’s activities, AMG Packaging ended trading of 239,150 stock units, with a loss of 15 cents at $2.45, CAC 2000 finished trading 919 shares at $13, Caribbean Cream ended trading 4,664 shares at $5.95, Caribbean Flavours traded 100 stock units with a loss of 3 cents at $16. Caribbean Producers finished trading with a loss of 5 cents at $4.70, with 16,054 units changing hands, Derrimon Trading ended with an exchange of 1,100 shares at $2.95, Dolphin Cove climbed 45 cents higher to $15.50 in concluding trading of 1,896 shares, Everything Fresh finished with a loss of 5 cents at $1.55, with an exchange of 10,000 stock units. Elite Diagnostic settled 1 cent higher at $3.11, in exchanging 60,616 units, Express Catering traded 39,576 shares, with a loss of 4 cents to close at $7.90, FosRich Group fell 16 cents to $3.60 in exchanging 5,000 shares, Fontana rose 10 cents to close at $3.60, trading 1,863,585 shares. General Accident closed with a loss of 6 cents at $3.94, with 3,960 stock units trading, Honey Bun  concluded trading of 21,701 shares, and closed 14 cents higher at $3.89, Indies Pharma ended trading at $2.95, with 82,351 units, Jamaican Teas closed trading with 5,600 stock units after declining 15 cents at $3.85. Jetcon Corporation  closed at $3.25, with 13,000 units changing hands, KLE Group closed 10 cents higher at $3.20, after trading 530 shares, Knutsford Express ended at $12.70, with an exchange of 15,039 shares, Lasco Distributors lost 20 cents to close at $3.80, with 20,683 stock units changing hands. Lasco Financial finished with a loss of 40 cents at $4.20, with an exchange of 42,118 units, Lasco Manufacturing settled 7 cents higher at $3.30, in trading 11,813 shares, Main Event ended trading 2,000 shares, with a loss of 7 cents to close at $5.55, Stationery and Office ended at $8.40, trading 10,000 shares and tTech finished with a loss of 5 cents at $5.80, as 3,227 shares changed hands.

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

 

JSE trading volume drops 95% on Tuesday

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The main market of the Jamaica Stock Exchange major indices roseat the close on Tuesday, but with sharply lower volume that dropped 95 percent from Monday’s levels.
Main market activity ended with just 1,062,072 units valued at over $33,962,415, in contrast with 22,820,352 units valued at $1,138,660,815 on Monday.
At the close, the All Jamaican Composite Index advanced by 335.04 points to end at 406,501.02 and the JSE Index gained 304.93 points to close at 370,376.09.
The main and US markets traded a total of 29 securities, with prices of 9 rising, 11 declining with 9 remaining unchanged, compared to 32 securities trading on Monday.
Scotia Group led trading with 216,870 units for 24 percent of the day’s volume, followed by Mayberry Jamaican Equities with 140,980 units and accounting for 22 percent of the total main market volume changing hands and Supreme Ventures with just 86,305 units for 8 percent of the day’s volume.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 9 stocks ending with bids higher than their last selling prices and 3 closing with lower offers.
An average of 42,483 units valued at $1,358,497, in contrast to 786,909 shares valued at $39,264,166 on Monday. The average volume and value for the month to date amounts to 684,936 units valued at  $22,375,029 and previously 952,625 units valued at $31,131,917. Trading for January resulted in an average of 101,980 units valued at $3,042,494, for each security traded.
In main market activity, Jamaica Broilers jumped $3 to finish trading of 66,896 units at $33, Jamaica Producers lost $1 to close at $22, with 12,548 shares changing hands, Jamaica Stock Exchange closed trading with 62,328 units changing hands with a rise of 35 cents to $13, JMMB Group fell 50 cents to close at $32, trading 10,248 shares. Kingston Wharves gained 80 cents and settled at $70.00, with 3,678 units changing hands, Sagicor Group fell 99 cents trading 53,111 stock units, to close at $39, Salada Foods jumped $1.25 to $39.25 in trading 1,067 units. Scotia Group lost 97 cents and finished trading of 216,870 shares at $53 and Seprod rose $1.48 cents to end at $34.50 with an exchange of 20,208 shares.
Trading in the US dollar market resulted in 236,650 units valued at $83,993 changing hands. JMMB 5.75% preference share traded 5,000 units and lost 1 cent to end at a 52 weeks’ low of US$1.99, JMMB 6% preference share concluded trading of 52,960 units at US$1.04, Proven Investments traded 26,040 units and rose 1 cent to close at 22 US cents and Sygnus Credit Investments closed trading of 152,650 units to close at 9 US cents. The JSE USD Equities Index advanced 3.46 points to close at 169.09.

Junior Market slips back on Tuesday

The Junior Market index of the Jamaica Stock Exchange dropped 19.89 points to 3,169.67 at the end of trading on Tuesday, as the prices of 7 securities rose, 9 declined and 11 remained unchanged.
Trading ended with 27 securities changing hands on Tuesday, compared to 21 securities changing hands on Monday, resulting in an exchange of 2,965,697 units valued at $11,127,007, compared to 3,820,986 units valued at $12,854,001, on Monday. Fontana continues to trade in large volumes and ending the day just under 2.1 million units.
Trading ended with an average of 109,841 units for an average of $412,111 in contrast to 181,952 units for an average of $612,095 on Monday. The average volume and value for the month to date, amount to 103,436 shares valued $371,012 and previously 99,833 shares valued at $347,894. In contrast, the average trade in January was 2,245,428 units with a value of $7,372,574 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with higher bids than their last selling prices and 3 closing with lower offers.
At the close of the day’s activities, Access Financial closed 1 cent higher at $47.01, with an exchange of 1,127 shares, AMG Packaging ended at $2.60, with 31,356 stock units changing hands, Blue Power concluded trading with 100 units with a rise of $1 to close at $6. CAC 2000 finished with a loss of $2.02 at $13, in trading 1,081 shares, Cargo Handlers settled 10 cents higher at $15, in exchanging 1,390 shares, Caribbean Cream ended trading 6,193 shares and rose 60 cents higher to $5.95, Caribbean Producers finished trading 203,515 units with a loss of 3 cents to close at $4.75. Derrimon Trading ended at $2.95, with an exchange of 27,046 shares, Elite Diagnostic finished trading 44,913 stock units at $3.10, Express Catering settled with a loss of 1 cent at $7.94, trading 12,850 units, Fontana closed trading at $3.50 with 2,096,413 shares changing hands. FosRich Group ended trading 35,854 shares, with a loss of 12 cents to end at $3.76, General Accident traded 183,534 shares at $4, GWest Corporation finished trading at $1.45, with 62,248 shares changing hands. Honey Bun closed with a loss of 15 cents at $3.75, with an exchange of 8,100 stock units, Indies Pharma closed at $3.05 trading 104,845 shares. Iron Rock ended 50 cents higher at $5, with 7,000 units trading, Jamaican Teas  exchanged 100 shares at $4, Knutsford Express finished trading of 40,878 shares at $12.70,  Lasco Distributors  closed 11 cents higher at $4, in trading 11,886 shares. Lasco Financial  ended 10 cents higher at $4.60, with 3,196 shares traded, Lasco Manufacturing concluded trading of 23,455 stock units, with a loss of 17 cents to end at $3.23, Main Event dropped 88 cents to close at $5.62, in exchanging 9,541 units. Paramount Trading ended trading with a loss of 15 cents at $2.05, with 27,433 shares and Stationery and Office traded 10,643 shares with a loss of 20 cents at $8.40. In the Junior Market preference segment, CAC 2000 closed trading at $1, with 1,000 shares changing hands.

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

 

Heavy trading continues for JSE majors – Monday

The main market of the Jamaica Stock Exchange major indices suffered sharp lossesat the close on Monday, with the market having another day of big volume.
Main market activity ended with 22,820,352 units valued at $1,138,660,815 compared with 34,337,150 units valued at $729,254,221, on Friday.
At the close, the All Jamaican Composite Index dived 8,017.57 points to close at 406,165.98 and the JSE Index plunged 7,297.03 points to close at 370,071.16. Adjustment to the average price of NCB Financial compared to that on Friday, was the major contributing factor to the sharp correction to the indices with the JSE reported closing price being $142.81 versus $148.99 on Friday as opposed to the last traded price of $145 on both days.
The main and US markets traded a total of 32 securities, with prices of 10 rising, 11 declining with 11 remaining unchanged, compared to 33 securities trading on Friday.
Sagicor Group led trading with 5,552,292 units for 24 percent of the day’s volume, followed by  Scotia Group with 4,982,116 units and accounting for 22 percent of the total main market volume changing hands, NCB Financial Group traded 3,598,470 shares and 15.8 percent of main market volume. Also trading in large volumes are, Victoria Mutual Investments with 2,402,133 units, JMMB Group exchanging 2,333,919 shares and Jamaica Stock Exchange with 1,011,290 shares changing hands.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 10 stocks ending with bids higher than their last selling prices and 2 closing with lower offers. The reading is far less bullish than the reading at the close of Friday, of 15 to 2.
An average of 786,909 units valued at $39,264,166, in contrast to 1,107,650 shares valued at $23,524,330 on Friday. The average volume and value for the month to date amounts to 952,625 units valued at $31,131,917. Trading for January resulted in an average of 101,980 units valued at $3,042,494, for each security traded.
In main market activity, Barita Investments lost 30 cents in closing at $51.50, with 5,650 shares changing hands, Berger Paints gained $1 to end at $21.00, with just 136 stock units trading, Jamaica Producers rose 70 cents to close at $23, with 660 shares changing hands. Jamaica Stock Exchange closed trading with 1,011,290 units changing hands compared to 2,677,014 units on Friday with a decline of 35 cents to $12.65, JMMB Group fell 49 cents to close at $32.50, trading 2,333,919 shares, Proven Investments dropped $8 trading 893,487 units to close at $28. Sagicor Group rose 49 cents trading just under 5.6 million stock units, to close at $39.99, Salada Foods dropped $4 to $38 in trading 10,084 units, Scotia Group climbed $3.67 and finished trading of 4,982,116 shares at $53.97 and Seprod lost 48 cents to end at $33.02 with an exchange of 22,224 shares.
Trading in the US dollar market resulted in 840,023 units valued at $179,653 changing hands. JMMB Group  5.75% preference share traded 400 units at US$2, JMMB Group 6% preference share concluded trading of 3,040 units at US$1.04 and Proven Investments traded 836,583 units at 21 US cents The JSE USD Equities Index closed unchanged at 165.63.

Junior Market makes solid gain – Monday

The Junior Market index of the Jamaica Stock Exchange climbed by a strong 45.78 points to closed at 3,189.56 at the end of trading on Monday as the prices of 8 securities rose, 6 declined and 7 remained unchanged.
 Trading ended with 21 securities changing hands on Monday, compared to 27 securities changing hands on Friday, resulting in an exchange of 3,820,986 units valued at $12,854,001, compared to 970,997 units valued at $3,844,893, on Friday. Fontana recorded the leading trade with just under 2.8 million units valued $9.8 million.
Trading ended with an average of 181,952 units for an average of $612,095 in contrast to 35,963 units for an average of $142,403 on Friday. The average volume and value for the month to date, amount to 99,833 shares valued at $347,894, in contrast, the average trade in January was 2,245,428 units with a value of $7,372,574 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with higher bids than their last selling prices and 4 closing with lower offers.
At the close of the day’s activities, Access Financial closed $1.50 higher at $47, with 775 shares changing hands, AMG Packaging ended with a loss of 5 cents at $2.60, in trading 70,065 stock units, Blue Power concluded trading of 4,000 units for a rise of 15 cents to $5. Cargo Handlers settled with a loss of 10 cents at $14.90, with an exchange of 28,817 shares, Caribbean Cream ended trading of 13,916 shares with a loss of 50 cents at $5.35, Consolidated Bakeries closed with a loss of 5 cents at $2.03, trading 270 shares, Derrimon Trading ended 35 cents higher at $2.95, with 44,470 shares changing hands. Elite Diagnostic  finished exchanging 44,371 stock units at $3.10, Express Catering settled 45 cents higher at $7.95, with 10,191 units changing hands. Fontana closed trading at $3.50 with 2,781,214 shares changing hands, General Accident  traded 18 cents higher at $4, with 8,050 shares changing hands, GWest Corporation  finished trading 48,353 shares with a loss of 5 cents at $1.45,  Honey Bun  closed at $3.90, with 8,672 stock units trading, Indies Pharma closed at $3.05 trading 20,959 shares. Jamaican Teas  finished trading 2,316 shares at $4. Knutsford Express finished trading 3,200 shares at $12.70,  Lasco Distributors  gained 9 cents to close at $3.89, trading 62,066 shares, Lasco Financial  ended with a loss of 10 cents at $4.50, with 84,924 shares changing hands, Lasco Manufacturing  concluded trading of 500 stock units and rose 12 cents to close at $3.40.  SSL Venture Capital rose 5 cents in exchanging 567,557 shares to close at $1.75 and  Stationery and Office  closed at $8.60, with 16,300 shares changing hands.

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

Strong February start for JSE majors

JSE main market showing strong bullish signal in breaking out of a triangle.

The main market of the Jamaica Stock Exchange enjoyed strong gains on Friday, with the market indices rising sharply on surging volume trading on the first day of February.
Main market activity ended with 34,337,150 units valued at $729,254,221, up sharply from 5,924,559 units valued at $242,360,666 on Thursday.
At the close, the All Jamaican Composite Index jumped 3,813.88 points to 414,183.55 and the JSE Index climbed 3,471.13 points to end at 377,368.19.
The main and US markets traded a total of 33 securities, with prices of 15 rising, 9 declining with 9 remaining unchanged, compared to 32 securities trading on Thursday.
Sterling Investments led trading with 14,492,015 units for 42 percent of the day’s volume, followed by Stanley Motta with 9,416,100 units and accounting for 27.4 percent of the total main market volume changing hands. Jamaica Stock Exchange with 2,677,014 units for 8 percent of the day’s volume NCB Financial Group traded 2.1 million shares and Sagicor Group traded just over 1 million units.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 7 stocks ending with bids higher than their last selling prices and 2 closing with lower offers. The reading is far less bullish than the reading at the close of Thursday, of 15 to 2.
An average of 1,107,650 units valued at over $23,524,330, in contrast to 219,428 shares valued at $8,976,321 on Thursday. Trading for January resulted in an average of 101,980 units valued at $3,042,494, for each security traded.
In main market activity, Caribbean Cement added 50 cents to close at $43, with 946,432 shares changing hands, Grace Kennedy traded 287,170 stock units and lost $1.90 to close at $58, Jamaica Producers fell 70 cents to close at $22.30, with 5,838 shares changing hands. Jamaica Stock Exchange closed trading with 2,677,014 units changing hands with a rise of 50 cents to a 52 weeks’ high of $13.50, JMMB Group climbed 99 cents to close at $32.99, trading 27,642 shares, Kingston Wharves settled at $69, with an exchange of 11,574 units. NCB Financial Group lost the $7.90 it gained on Thursday, in trading 2,096,214 shares to end at $145, PanJam Investment jumped $3.85 and ended at $75, with 4,200 units trading, Proven Investments jumped $7 trading just 300 units to close at an all-time high of $35. Productivity Business  preference share gained $3 trading 1,110,200 shares at $108.01, Pulse Investments  regained the 40 cents it gave up on Thursday, to finish at $3.20, with an exchange of just 100 shares, Sagicor Group dropped $1.55 trading 1,047,258 stock units, to close at $39.50. Seprod rose 38 cents to end at $33.50 with an exchange of 102,383 shares, Stanley Motta fell 50 cents in trading 9,416,100 units to close at $4.75 and Wisynco Group lost 50 cents to settle at $10.05, with an exchange of 48,385 shares.
Trading in the US dollar market resulted in 73,267 units valued at $35,223 changing hands. JMMB 6% preference share concluded trading of 23,900 units at $1.04 and Proven Investments traded 49,367 units at 21 US cents The JSE USD Equities Index advanced by 0.11 points to close at 165.63.

Junior Market starts February with gains

Trading on the Junior Market of the Jamaica Stock Exchange closed on Friday with 27 securities changing hands, compared to 28 securities changing hands on Thursday, with a sharp drop in the number of securities trading.
Trading ended with, the prices of 11 securities rising, 6 declining and 10 remaining unchanged leading the Junior Market Index to rise 25.47 points to end at 3,143.78.
Market activity, resulted in an exchange of 970,997 units valued at $3,844,893, compared to 12,627,615 units valued at $50,730,330, trading on Thursday.
Trading ended with an average of 35,963 units for an average of $142,403 in contrast to 450,986 units for an average of $1,811,797 on Thursday, in contrast, the average trade in January was 2,245,428 units with a value of $7,372,574 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ended with higher bids than their last selling prices and 4 closing with lower offers.
At the close of the day’s activities, Access Financial closed at $45.50, with 13,668 shares changing hands, AMG Packaging ended 19 cents higher at $2.65, with an exchange of 84,556 stock units, Blue Power concluded trading 11,384 units at $4.85, CAC 2000 finished 2 cents higher at $15.02, with 1,900 shares trading. Cargo Handlers settled at $15, while trading 2,584 shares, Caribbean Producers finished trading 2,266 units with a loss of 22 cents at $4.78, Consolidated Bakeries closed 18 cents higher at $2.08, with an exchange of 3,800 shares, Derrimon Trading ended trading 63,365 shares at $2.60, Elite Diagnostic finished 5 cents higher at $3.10, with 29,106 stock units changing hands. Everything Fresh lost 20 cents trading 119,700 shares, to close at $1.60, Express Catering settled with a loss of 30 cents at $7.50, trading 4,165 units, Fontana rose 5 cents to close at $3.50 with 164,928 shares changing hands, FosRich Group ended trading 1,100 shares, with a loss of 7 cents at $3.88. General Accident traded 48,120 shares, with a loss of 18 cents at $3.82,  GWest Corporation  finished trading 77,708 shares at $1.50,  Honey Bun closed at $3.90, with 7,500 stock units trading, Iron Rock ended 5 cents higher at $4.50, with 10,410 units changing hands, Jamaican Teas  finished at $4, trading 900 shares. Jetcon Corporation settled 10 cents higher at $3.25, with the exchange of 78,059 shares. Knutsford Express  traded 14,902 shares at $12.70, Lasco Distributors  closed at $3.80, exchanging 140,902 shares, Lasco Financial  closed with 32,549 shares changing hands and ended 10 cents higher at $4.60,  Lasco Manufacturing  concluded trading of 35,958 stock units 3 cents higher at $3.28. Main Event finished exchanging 6,247 units, with a loss of 45 cents at $6.50, Stationery and Office traded 8,400 shares at $8.60 and tTech climbed 85 cents to $5.85, with 5,020 units changing hands. In the junior market preference segment, CAC 2000 closed at $1, with the trading of 1,800 shares.

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

Drop for JSE majors in Januray

Trading levels rose sharply on the main market of the Jamaica Stock Exchange on Thursday, with the market indices rising sharply with advancing stocks beating declining ones by 40 percent, that left the market still 1.6 percent below the 2018 close.
At the close, the All Jamaican Composite Index surged 4,736.13 points to 410,369.67 and the JSE Index climbed 4,310.50 points to 373,897.06.
Main market activity ended with 5,924,559 units valued at $242,360,666 compared to 2,161,352 units valued at $54,090,319 on Wednesday.
The main and US markets traded a total of 32 securities, with prices of 14 rising, 10 declining with 8 remaining unchanged, compared to 36 securities trading on Wednesday.
Caribbean Cement led trading with 2,041,592 units for 34.5 percent of the day’s volume, followed by Scotia Group with 1,233,769 units and accounting for 21 percent of the total main market volume changing hands and Sagicor Group with 761,021 units and 13 percent of the day’s volume.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 15 stocks ending with bids higher than their last selling prices and 2 closing with lower offers.
An average of 219,428 units valued at an average of $8,976,321 for each security traded, in contrast to 65,496 units for an average of $1,639,101 on Wednesday.  The average volume and value for the month to date amounts 101,980 units valued at $3,042,494 compared to 97,161 units valued at $2,776,359, previously. Trading for December ended, with an average of 835,037 units with a value of $25,906,477, for each security traded.
In main market activity, Caribbean Cement lost $1 to close at $42.50, with 2,041,592 shares changing hands, Grace Kennedy traded 499,561 stock units and gained $1.40 to close at $59.90, Jamaica Broilers gained $1.10 to close at $30, with an exchange of 63,683 units, Jamaica Producers rose $1.20 to close at $23, with 12,015 shares changing hands. JMMB Group fell 50 cents to close at $32 trading 159,216 shares, NCB Financial Group climbed $7.90 trading 92,786 shares to end at $152.90, PanJam Investment lost 85 cents and ended at $71.15, with 153,775 units trading, Proven Investments traded 2,196 units with a rise of $1.50 to close at $28. Pulse Investments lost 40 cents and finished at $2.80, with an exchange of just 100 shares, Sagicor Group rose $2.55 in trading 761,021 stock units, to close at $41.05, Salada Foods jumped $4 and ended trading at an all-time high of $42, with 7,180 stock units trading. Scotia Group dropped $1.69 to end trading of 1,233,769 shares at $50.31, Seprod rose $1.12 to end at $33.12 with an exchange of 19,046 shares and Stanley Motta gained 25 cents in trading 7,000 units to close at $5.25.
Trading in the US dollar market resulted in 1,399,848 shares valued at US$319,369 changing hands. JMMB 6% preference share fell 3 cents and concluded trading of 18,207 units at $1.04, JMMB Group 5.75% preference share fell 5 cents and settled at US$2.01, trading 5,000 shares, Productivity Business traded 18,608 stock units at 59 US cents. Proven Investments traded 1,312,533 units at 21 US cents and Sygnus Credit Investments Jamaica dollar denominated shares traded 45,500 units to close at 8 US cents after rising 1 cent. The JSE USD Equities Index advanced by 1.16 points to close at 165.52.