Trading on the Jamaica Stock Exchange on Tuesday, resulted in sharp fall in the two main indices with the All Jamaican Composite Index dropping 5,066.78 points to 409,127.96 and the JSE Index declining by 4,611.43 points to close at 372,766.94.
Market activity ended with 2,621,751 units valued at $79,656,335 changing hands, compared 2,167,152 units valued at $105,404,838 on Monday. JMMB Group 7.25% Preference share led trading with 500,000 units for 19.07 percent of the day’s volume, followed by Scotia Group with 358,092 units accounting for 13.66 percent of the volume changing hands and Wisynco Group with 330,358 units and 12.60 percent of the day’s volume.
The main and US dollar markets, had 36 securities changing hands, with prices of 14 rising, 12 declining with 10 remaining unchanged, compared to 33 securities trading on Monday.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator suggest that the market could enjoy strong gains on Tuesday with the reading showing 14 stocks ending with bids higher than their last selling prices and 3 closing with lower offers.
An average of 79,447 units valued at over $2,413,828, in contrast to 77,398 shares valued at $3,764,458 on Monday. The average volume and value for the month to date amounts to 59,744 units valued at $1,845,200 compared to 57,455 units valued at $1,771,613, 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, Barita Investments lost $1.50 to close at $51, trading 23,291 shares, Caribbean Cement climbed $2.99 to finish at $41, with 14,363 shares changing hands, Eppley gained $1 and settled at $10, with 909 shares trading, Grace Kennedy dived $3.96 in trading 88,305 shares at $56.03, Jamaica Broilers traded 48,033 stock units and fell $1 to $27. Jamaica Producers lost $2 to close at $21, with 45,251 shares changing hands, JMMB Group lost $1.84 trading of 31,001 shares to end at $32.14, Portland JSX rose 50 cents and 
ended at $8, with an exchange of 27,359 units, Pulse Investments concluded trading at $2.70, with 130,066 shares, after fall by 46 cents. Sagicor Group fell 50 cents and settled at $39.50, with 38,120 shares, Salada Foods jumped $3.49 to $35, in trading with 3,590 stock units, Scotia Group traded 358,092 shares after falling $1.50 to close at $52.50. Supreme Ventures, rose 50 cents to end at $19.50, with 29,215 stock units changing hands, Victoria Mutual Investments fell 45 cents and concluded trading 30,404 stock units at $3.50 and Wisynco Group fell 37 cents and settled at $10.03, with 330,358 shares trading.
Trading in the US dollar market resulted in 180,004 units valued at $50,898 units. Preference shares Eppley 5% added 1 cent to end at 98 US cents with 3,534 shares trading and JMMB Group 5.75% settled at US$2 with 6,070 shares. Proven Investments end trading of 170,400 units at 21 US cents after inching higher by 0.09 cent. The JSE USD Equities Index lost 1.33 points to close at 162.34.
Heavy trading in Fontana shares
Fontana Waterloo Road – the company’s stock traded 9.7m units.
Today’s trade in Fontana was the largest since listing earlier this month, just beating the 9.6 million that traded on January 10.
Trading in the market remained elevated again on Tuesday with an exchange of 11,135,194 units valued at $34,955,488, compared to 10,025,824 units valued at $83,305,040 on Monday.
Market activity led the Junior Market Index to decline by 24.90 points to close at 3,225.44 with 29 securities changed hands, resulting in the prices of 10 rising, 16 declining and 3 remaining unchanged, compared to 23 securities changing hands on Monday.
The average trade ended at 383,972 units for an average of $1,205,362 in contrast to 435,905 units for an
average of $3,621,958 on Monday. The average volume and value for the month to date amounts to 755,754 units valued at $3,148,757 and previously 810,207 units valued at $3,433,396. In contrast, December ended with an average of 136,222 units at a value of $737,367 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 higher bids than their last selling prices and 4 closing with lower offers.
At the close of the day’s activities, AMG Packaging ended 2 cents higher at $1.97, trading 303,504 stock units, after the company posted quarterly results showing gains of 69 percent in profit from an 11 percent rise in revenues. Blue Power concluded trading of 2,450 units at $5.80, CAC 2000 finished with a loss of 2 cents at $16, with an exchange of 1,838 shares. Cargo Handlers
AMG Packaging stock rose based on a 69% rise in November quarterly profit.
shares, Jamaican Teas finished with a loss of 40 cents at $4, with a swapping of 155,568 shares. Jetcon Corporation settled with a loss of 25 cents at $3.18, trading 73,424 shares, KLE Group traded 100 units with a loss of 10 cents at $2.90, Knutsford Express jumped 75 cents to $11.50 trading 100 shares, Lasco Distributors closed with a loss of 10 cents at $3.80, with 129,735 shares changing hands. Lasco Financial ended 3 cents higher at $4.23, trading 33,050 shares, Lasco Manufacturing concluded trading 149,974 stock units with a loss of 13 cents at $3.85, Main Event finished with a loss of 98 cents at $6, with an exchange of 1,000 units. Medical Disposables settled 1 cent higher at $7.01, trading 1,350 shares, Paramount Trading ended trading 50,822 shares with a loss of 30 cents at $2.15, following release of below par quarterly profit and Stationery and Office traded 6,000 shares with a rise of 60 cents to end at $9.
Prices of securities trading for the day are those at which the last trade took place.
Steady JSE main market trading – Monday
Trading on the Jamaica Stock Exchange on Monday, resulted in 2,167,152 units valued at $105,404,838 changing hands, compared 2,798,965 units valued $103,358,114 on Friday.
The main and US dollar markets, had 31 securities changing hands, with prices of 10 rising, 11 declining with 10 remaining unchanged, compared to 33 securities trading on Friday. Shares of MPC Caribbean Clean Energy were listed on the main and US dollar markets as well as on the Trinidad Stocks exchnage on Monday. The stock closed without any trades taking place.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator suggest that the market could enjoy strong gains on Monday with the reading showing 13 stocks ending with bids higher than their last selling prices and only 2 closing with lower offers.
Market activity led to the All Jamaican Composite Index in shedding 133.35 points to at 414,194.74 and the JSE Index declined 121.37 points to close at 377,378.37.
Grace Kennedy led trading with 671,073 units and 31 percent of the day’s volume, followed by NCB Financial with 287,886 units or 13.3 percent of the volume changing hands and Jamaica Broilers with 200,200 units accounting for 9.2 percent of the day’s volume.
An average of 77,398 units valued at over $3,764,458 changed hands, in contrast to 93,299 shares valued at $3,445,270 on Friday. The average volume and value for the month to date amounts to 57,455 units valued at $1,771,613 compared to 55,273 units valued at $1,525,800, 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, Barita Investments rose $2.07 and closed at $52.50, trading 42,298 shares, Caribbean Cement declined $1.98 to finish at $38.01, with 42,235 shares changing hands, Jamaica Producers rose 50 cents to close at $23, with 11,243 shares changing hands. JMMB Group rose $1.48 and 
concluded trading of 60,834 shares at $33.98, Kingston Wharves gained $1.50 to end at $77, with 8,718 units changing hands. NCB Financial Group dropped $4.90 trading 287,886 shares to close at $145, PanJam Investment rose $2 to end at $72, trading 13,855 shares, Proven Investments lost $1 in trading 1,761 shares at $26, Scotia Group traded 5,800 shares after falling 99 cents to close at $54. Seprod gained $1.75 and closed at $32, trading 32,600 shares, Supreme Ventures, fell 50 cents to end at $19, with 159,190 stock units changing hands and Wisynco Group rose 34 cents and settled at $10.40, with 38,621 shares trading.
Trading in the US dollar market resulted in 64,146 units valued at $11,213 units. JMMB Group 5.75% preference share traded 1,210 units to close at US$2, Proven Investments that rose 0.09 cent in trading 25,936 units at 21 US cents and Sygnus Credit Investments traded 37,000 units at 9 US cents. The JSE USD Equities Index lost 3.19 points to close at 163.67.
Knustford & Fontana dominate juniors
Knutsford Express stock was the largest trade on the Junior Market on Monday.
Trading on the Junior Market remained elevated again on Monday with an exchange of 10,025,824 units valued at $83,305,040 compared to 16,780,456 units valued at $150,707,233 on Friday.
Trading in shares of Fontana and Knutsford Express accounted for 91 percent of total volume traded. At the close of trading, 23 securities changed hands, resulting in the prices of 9 rising, 8 declining and 6 remaining unchanged, compared to 25 securities changing hands on Friday. The Junior Market index rose 13.13 points to close 3,250.34.
The average trade ended at 435,905 units for an average of $3,621,958 in contrast to 671,218 units for an average of $6,028,289 on Friday. The average volume and value for the month to date amounts to 810,207 units valued at $3,433,396 and previously 859,400 units valued at $3,408,614. In contrast, December ended with an average of 136,222 units at a value of $737,367 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 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 $2.02 higher at $52, trading 1,200 shares, AMG Packaging ended 1 cent higher at $1.95, with 198,598 stock units trading, Caribbean Cream ended trading 68,821 shares, with a loss of 4 cents at $5.91, Caribbean Flavours traded 7,248 stock units at $19, Caribbean Producers finished trading 5,000 units at $4.96. Consolidated Bakeries closed with a loss of 9 cents at $1.71, with 145,680 shares changing hands, Derrimon Trading ended 25 cents higher at $2.75, with an exchange of 92,550 shares, Elite Diagnostic finished with a loss of 2 cents at $2.85, trading 160,558 stock units. Everything Fresh lost 9 cents to end trading of 22,115 shares at $1.60, Express Catering settled 2 cents higher at $8.02, with 6,066 units changing hands. Fontana traded 2,462,763 shares and gained 
5 cents to close at $3.45, FosRich Group ended trading 2,131 shares 30 cents higher at $3.90, General Accident traded 2,300 shares at $3.45, GWest Corporation finished trading 5,838 shares at $1.81, Honey Bun closed at $3.75, with an exchange of 8,619 stock units. Indies Pharma rose 5 cents, to end at $3.15, trading 90,084 shares, Jetcon Corporation settled 40 cents higher at $3.43, trading 1,000 shares, KLE Group traded 17,617 units for 5 cents higher at $3. Knutsford Express finished trading with a loss of $1.25 at $10.75, with 6,679,341 shares changing hands, as NCB Group continues to unwind their holdings in the company. Lasco Distributors closed with a loss of 10 cents at $3.90, with an exchange of 2,600 shares. Lasco Financial ended with a loss of 10 cents at $4.20, with 35,000 shares traded, Medical Disposables settled at $7, with 10,433 shares changing hands and tTech closed with a loss of 30 cents at $5.90, with 262 units trading.
Prices of securities trading for the day are those at which the last trade took place.
JSE trading picks up Friday
Trading picked up further on the Jamaica Stock Exchange on Friday, with 2,798,965 units valued $103,358,114 compared 3,487,141 units valued at $63,034,296 changing hands on Thursday.
The main and US dollar markets, had 33 securities changing hands, with prices of 7 rising, 16 declining with 10 remaining unchanged, compared to 32 securities trading on Thursday.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator suggest that the market could enjoy strong gains on Monday with the reading showing 17 stocks ending with bids higher than their last selling prices and only 1 closing with a lower offer.
Market activity led to the All Jamaican Composite Index climbed 1,774.48 points to 414,328.09 and the JSE Index advanced by 1,616.75 points to close at 377,499.74.
Scotia Group led trading with 551,291 units and 19.70 percent of the day’s volume, followed by Seprod with 442,081 units or 15.8 percent of the volume changing hands and Grace Kennedy with 367,707 units with units accounting for 13.14 percent of the day’s volume.
An average of 93,299 units valued at over $3,445,270, in contrast to 120,246 shares valued at $2,173,596 on Thursday. The average volume and value for the month to date amounts to 55,273 units valued at $1,525,800 compared to 50,226 units valued at $1,233,495, 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, Barita Investments shed $1.07 and closed at $50.43, with just 510 shares traded, Jamaica Broilers lost $1 and finished trading at $28, with 35,857 units, Jamaica Producers rose $1.50 to close at $22.50, with 1,536 shares changing hands. JMMB Group lost $1.48 and concluded trading of 8,480 shares at $32.50, Kingston Wharves dropped $1.95 to $75.50, with 807 units changing hands. PanJam Investment declined 50 cents to end at 
$70, trading 39,228 shares, Sagicor Real Estate Fund shed 95 cents, while trading 52,515 shares, to close at $10.05, Salada Foods traded 11,964 units at $31.51. Scotia Group traded 551,291 shares after gaining $2.98 to close at $54.99, Seprod gained 25 cents and closed at $30.25, trading 442,081 shares, Stanley Motta traded 12,700 shares, but fell 75 cents to end at $4.25 and Supreme Ventures, gained 50 cents to end at $19.50, with 17,332 stock units changing hands.
Trading in the US dollar market resulted in 40,984 units valued at $43,283 units. JMMB Group 6% preference shares traded 24,139 units to close at $1.05, followed by and JMMB Group 5.75% preference share traded 8,000 units to close at US$2 and Proven Investments that rose 0.1 cent in trading 8,845 units at 21.90 US cents after falling 0.01 cent. The JSE USD Equities Index was unchanged at the close at 166.86.
Fontana & Dolphin Cove dominate juniors
Dolphin Cove dominated trading.
Trading in Fontana shares was again dominant in the trading on Friday the Junior Market as the price pulled back from Thursday’s close, but Dolphin Cove shared in the spotlight with 47 percent of the volume traded versus 37 per cent for Fontana.
Market activity ended trading with an exchange of 16,780,456 units valued at $150,707,233, compared to 10,552,784 units valued at $39,947,417 on Thursday. At the close of trading, 25 securities changed hands, resulting in the prices of 10 rising, 9 declining and 6 remained unchanged, compared to 22 securities changing hands on Thursday.
The average trade ended at 671,218 units for an average of $6,028,289 in contrast to 479,672 units for an average of $1,815,792 on Thursday. The average volume and value for the month to date amounts to 859,400 units valued at $3,408,614 and previously 890,764 units valued at $2,972,001. In contrast, December ended with an average of 136,222 units at a value of $737,367 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, AMG Packaging ended at $1.94, trading 5,512 stock units, Blue Power jumped 76 cents to $5.80, trading 33,806 units, CAC 2000 finished at $18, with 245 shares changing hands, Caribbean Cream ended trading of 69,578 shares and rose 10 cents to $5.95, Caribbean Flavours traded 7,000 stock units at $19. Caribbean Producers finished trading 1 cent higher at $4.96, with 112,023 units, Consolidated Bakeries closed 5 cents higher at $1.80, exchanging 157,000 shares, Derrimon Trading ended at $2.50, with 41,010 shares changing hands, Dolphin Cove concluded trading 7,862,970 shares with a loss of $1.50 at $15. Elite Diagnostic finished with a loss of 8 cents at $2.87, trading of 57,342 stock units, Everything Fresh shed 5 cents to end trading of 39,325 shares at $1.69, Express Catering settled 5 cents 
higher at $8, with the trading of 39,130 units, FosRich Group ended trading of 9,000 shares with a loss of 15 cents at $3.60. General Accident traded 5 cents higher at $3.45, in exchanging 35,246 shares. Investors reacted negatively to Indies Pharma full year results with lower profits than for 2017 and sold the stock down by 25 cents, to end at $3.10, trading 1,411,221 shares. Jamaican Teas traded 17,740 shares with a loss of 10 cents to close at $4.40, Jetcon Corporation settled with a loss of 1 cent at $3.03, with 133,058 shares changing hands, Key Insurance ended trading of 100 stock units at 10 cents higher to $3.20, Knutsford Express finished trading of 100,187 shares with a loss of 1 cent at $12. Lasco Distributors closed 20 cents higher at $4, with an exchange of 14,700 shares, Lasco Financial ended 10 cents higher at $4.30, with the trading of 371,892 shares, Lasco Manufacturing concluded trading 18 cents higher at $3.98, with 21,195 stock units, Main Event finished at $6.98, trading 200 units and Medical Disposables settled at $7, with 3,475 shares changing hands.
Prices of securities trading for the day are those at which the last trade took place.
JSE trading doubled on Thursday
Trading on the Jamaica Stock Exchange picked up on Thursday, with almost twice the volumes that traded on Wednesday and resulted in minor increases to the market indices.
At the close of trading, the All Jamaican Composite Index inched 83.14 points higher to 412,553.61 and the JSE Index eked out a modest rise of 75.75 points to close at 375,882.99.
Main market trading ended with, 3,487,141 units valued at $63,034,296 compared 1,683,322 units valued at $37,751,520 changing hands on Wednesday.
The main and US dollar markets, had 32 securities changing hands, with prices of 11 rising, 10 declining with 11 remaining unchanged, compared to 31 securities trading on Thursday.
1834 Investments led trading with 971,378 units and 28 percent of the day’s volume, followed by Sagicor Real Estate Fund with 396,384 units or 11.34 percent of the volume changing hands and Seprod with 382,512 units accounting for 11 percent of the day’s volume.
An average of 120,246 units valued at $2,173,596, in contrast to 60,119 shares valued at $1,348,269 on Wednesday. The average volume and value for the month to date amounts to 50,226 units valued at $1,233,495 compared to 39,918 units valued at $1,071,215, previously. Trading for December ended, with an average of 835,037 units with a value of $25,906,477, for each security traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator reading shows 9 stocks ending with bids higher than their last selling prices and 3 closing with lower offers.
In main market activity, Barita Investments gained $1.50 and closed at $51.50, with 33,267 shares traded, Grace Kennedy shed $3 trading 178,439 stock units at $60, Jamaica Broilers gained $1 and finished trading at $29, with 361,940 units, Jamaica Producers rose 95 cents to close at $21, with 200,097 shares changing hands. Kingston Wharves rose $2.45 to settle at $77.45, with 2,600 units changing hands, NCB Financial Group gained 90 cents in trading just 2,600 shares at $149.90. PanJam Investment declined by $1.50 to 
end at $70.50, trading 15,048 units, Sagicor Group gained 99 cents trading 51,887 units to close at $39.99, Sagicor Real Estate Fund shed the 66 cents it picked up on Wednesday, while trading 395,384 shares, to close at $11. Scotia Group traded 30,100 shares after declining $1.99 to close at $52.01 and Sygnus Credit Investments rose by 50 cents to close at $11.50 in trading 98,314 shares.
Trading in the US dollar market resulted in 59,299 units valued at $32,695. JMMB Group 6% preference shares traded 26,511 units after rising 1 cents to close at $1.05, followed by Proven Investments that rose 0.1 cent in trading 14,788 units at 21.90 US cents and Sygnus Credit Investments traded 18,000 units at 9 US cents. The JSE USD Equities Index was unchanged at the close at 166.86.
Fontana gains 97% from IPO price – Thursday
Fontana traded at a high of $4.20 during the third day of listing on the Junior Market but increased selling brought it down to $3.70 at the close, for a gain of 97 percent from the IPO price of $1.88.
Fontana traded 9,609,205 shares, with a gain of 53 cents, to close at $3.70 and was the major contributor to the volume traded and a 34.26 points rise in the Junior Market Index, to close at 3,276.67.
Trading was down sharply from Wednesday, resulting from an exchange of 10,552,784 units valued at $39,947,417, compared to 24,707,539 units valued at $78,195,277.
Trading ended, with 22 securities changing hands, versus 21 trading on Wednesday, with the prices of 8 rising, 11 falling and 3 remaining unchanged.
The average trade ended at 479,672 units for an average of $1,815,792 in contrast to 1,176,549 units for an average of $3,723,585 on Wednesday. The average volume and value for the month to date amounts to 890,764 units valued at $2,972,001 and previously 961,421 units valued at $3,170,725. In contrast, December ended with an average of 136,222 units at a value of $737,367 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 6 closing with lower offers.
At the close of the day’s activities, AMG Packaging lost 1 cent and ended at $1.94, trading 267,447 stock units, CAC 2000 finished $1.10 higher at $18, with 2,000 shares changing hands, Caribbean Producers ended with 31,537 stock units changing hands after falling 55 cents to close at $4.95, Consolidated Bakeries traded 31,000 shares at $1.75. Derrimon Trading ended 5 cents higher at $2.50, trading 10,000 shares, Elite Diagnostic finished 10 cents higher at $2.95, with, with an exchange of 33,379 stock units. Everything Fresh shed 6 cents to end trading of 74,781 shares at $1.74, Express Catering ended with a loss of 5 cents at $7.95, with 2,253 units changing hands, FosRich Group ended trading of 63,820 shares at $3.95, with a loss of 5 cents at $7.95, GWest Corporation traded 27,969 and gained 6 cents to close at 
$1.81. Honey Bun closed with a loss of 10 cents at $3.75, in exchanging 18,500 stock units, Indies Pharma traded 105,904 shares and rose 15 cents to end at $3.35, Jetcon Corporation settled with a loss of 16 cents at $3.04, with an exchange of 7,000 shares, KLE Group traded 8,000 units and lost 5 cents at $2.95. Knutsford Express finished trading of 7,539 shares at $13, Lasco Distributors fell 9 cents at $3.80, trading 27,240 shares. Lasco Financial closed at $4.20, with an exchange of 96,350 shares, Medical Disposables fell 10 cents in settling at $7, in exchanging 14,682 shares. Paramount Trading ended trading with a loss of 15 cents at $2.45, while trading 8,176 shares and Stationery and Office jumped 40 cents to close at $8.40, while exchanging 19,087 shares.
Prices of securities trading for the day are those at which the last trade took place.
JSE trading remains subdued Wednesday
Trading on the Jamaica Stock Exchange closed Wednesday with modest losses in the market indices, as trading levels remained below normal.
At the close of trading, the All Jamaican Composite Index lost 361.86 points to end at 412,470.47 and the JSE Index declined by 329.70 points to close at 375,807.24.
Main market trading ended with 1,683,322 units valued at $37,751,520, compared to 1,496,686 units valued at $31,571,688 changing hands on Wednesday.
The main and US dollar markets, had 31 securities changing hands, with prices of 11 rising, 9 declining with 10 remaining unchanged, compared to 27 securities trading on Wednesday.
Sagicor Real Estate Fund led trading with 507,100 units and 30.1 percent of the day’s volume, followed by JMMB Group 7.25% preference shares with 265,000 units or 15.74 percent of the volume changing hands and Barita Investments with 101,743 units accounting for 6 percent of the day’s volume.
An average of 60,119 units valued at over $1,348,269, in contrast to 55,433 shares valued at $1,169,322 on Tuesday. The average volume and value for the month to date amounts to 39,918 units valued at $1,071,215 compared to 44,147 units valued at $1,258,519, previously. Trading for December ended, with an average of 835,037 units with a value of $25,906,477, for each security traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator reading shows 9 stocks ending with bids higher than their last selling prices and 3 closing with lower offers.
In main market activity, Barita Investments gained $2 and closed at $50, with 101,743 shares traded, Caribbean Cement fell $1 and finished at $40 while trading 2,700 shares, Grace Kennedy added $2 trading 5,850 stock units at $63, Jamaica Producers dropped $1.45 to close at $20.05, with 55,372 shares changing hands. JMMB Group jumped $3.19 to conclude trading of 47,251 shares at $33.99, Mayberry Investments rose 40 cents and ended trading of 2,500 shares at $9.40, Mayberry Jamaican Equities rose 45 cents 
trading with 26,352 shares, at $9.55, NCB Financial Group gained 50 cents in trading 82,269 shares at $149. Sagicor Group lost 98 cents trading 40,721 units to close at $39, Sagicor Real Estate Fund gained 66 cents and ended trading 507,100 shares at $11.66, Scotia Group traded 80,355 shares after declining 50 cents to close at $54. Seprod fell by $1 and ended at $30, with 8,245 shares trading and Supreme Ventures concluded trading at $19, with 5,620 stock units changing hands after climbing by 51 cents.
Trading in the US dollar market resulted in 36,500 units valued at $53,052. JMMB Group 5.75% preference shares traded 25,000 units in closing at US$2, JMMB Group 6% preference shares traded 650 units after falling 1 cents to close at $1.04, followed by Proven Investments that rose 0.5 cents in trading 10,850 units at 22 US cents. The JSE USD Equities Index advanced by 4.40 points to close at 166.86.
Fontana jumps 69% to $3.17 – Wednesday
Fontana Waterloo Road
Trading climbed sharply over Tuesday, resulting from an exchange of 24,707,539 units valued at $78,195,277, compared to 2,386,009 units valued at $16,626,218. Indies Pharma after trading 93 million units on Monday dominated trading on Wednesday with just over 23 million units.
Trading ended, with 21 securities changing hands, the same number trading on Tuesday. The prices of 8 securities rose 6 declined and 7 remained unchanged, leading the Junior Market Index to rise 20.77 points to close at 3,242.41.
The average trade ended at 1,176,549 units for an average of $3,723,585 in contrast to 113,619 units for an average of $791,725 on Tuesday. The average volume and value for the month to date amounts to 961,421 units valued at $3,170,725
and previously 919,199 units valued at $3,062,219. In contrast, December ended with an average of 136,222 units at a value of $737,367 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 higher bids than their last selling prices and 4 closing with lower offers.
At the close of the day’s activities, Access Financial traded 135 shares and fell 57 cents to end at $49.98, AMG Packaging ended at $1.95, trading 70,044 stock units, Cargo Handlers traded 1,845 shares and gained 20 cents to end at a 52 weeks’ high of $15.20, Caribbean Cream exchanged 7,000 shares to close at $5.85. Carib Producers ended with 51,043 stock units changing hands after rising 60 cents to close at $5.50, Consolidated Bakeries traded 6,000 at $1.75, Elite Diagnostic finished 10 cents lower at $2.85, with an exchange of 2,591 stock units. Everything Fresh gained 5 cents to end trading of 15,550 shares at $1.80, Express Catering settled at $8, with 80,696 units changing hands, FosRich Group ended trading at $3.95, with an exchange of
10,100 shares, GWest traded 12,297 but fell 25 cents to close at $1.75. Honey Bun closed with a gain of 5 cents at $3.85, in exchanging 10,500 stock units, Indies Pharma traded 23,234,566 shares at $3.20, Jamaican Teas finished at $4.50, trading 1,000 shares, Lasco Distributors closed with a rise of 9 cents at $3.89, trading 44,583 shares. Lasco Financial ended with a loss of 3 cents to close at $4.20, with an exchange of 51,050 shares, Lasco Manufacturing concluded trading of 1,036 stock units with a fall of 5 cents to $3.80, Medical Disposables rose 10 cents in settling at $7.10, in exchanging 10,000 shares. SSL Venture Capital exchanged 1,075,153 shares to close at $1.95 and Stationery and Office closed at $8, while exchanging 22,188 shares.
Prices of securities trading for the day are those at which the last trade took place.