Sharp jump for Junior Market

The Junior Market of the Jamaica Stock Exchange closed trading on Tuesday with the Market Index jumping 43,88 points to close at 3,157.54 as the prices of 8 securities rising, 4 falling and 10 remaining unchanged
The market closed with 22 securities changing hands, resulting in an exchange of 1,541,445 units valued at $5,341,261 compared to 1,343,967 units valued at $5,105,838 on Monday from trading in 25 stocks.
Trading ended with an average of 70,066 units for an average of $242,785 in contrast to 53,759 units for an average of $204,233 on Monday. The average volume and value for the month to date amounts to 193,704 units at a value of $1,076,071, versus 204,672 units at a value of $1,149,992, previously. November, ended with an average of 190,475 units valued at $653,358 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 9 stocks ended with higher bids than their last selling price and 3 with lower offers.
At the close of the day’s activity, Access Financial closed with a loss of 3 cents at $47.50, trading 207 shares, Cargo Handlers settled at $15, with an exchange of 3,000 shares, Caribbean Cream ended trading 105,800 shares and rose 60 cents higher to $6, Caribbean Producers finished trading at $5.30, with 26,157 units changing hands, Consolidated Bakeries closed with a loss of 10 cents at $1.90, with trading in 500 shares. Derrimon Trading ended at $2.55, with an exchange of 26,666 shares, Elite Diagnostic closed 2 cents higher at $2.89, with 19,246 stock units changing hands, Eppley settled at $9, with trading in 2,460 units, Everything Fresh ended trading of 431,780 shares to close at $1.30, Express Catering closed trading of 37,000 shares and rose 50 cents to $8. FosRich Group traded 9 cents higher to $3.94, with 68,815 shares trading, Honey Bun ended at $3.50, with 3,000 units changing hands, Indies Pharma traded 112,128 shares to close at $3.20,  Jetcon Corporation  ended trading with 32,100 stock units and rose 1 cent higher to $3.01,  Knutsford Express  closed at $11.50, with an exchange of 13,167 shares. Lasco Distributor  ended 5 cents higher at $3.80, trading 553,428 shares, Lasco Financial  concluded trading of 10,225 stock units and rose 15 cents to $4.15,  Lasco Manufacturing  finished 45 cents higher at $3.50, after trading 41,640 units, Medical Disposables  ended trading of 2,457 shares, rising 30 cents higher to $6.80. Paramount Trading closed with a loss of 7 cents at $2.45, with 20,669 shares changing hands, SSL Venture Capital traded 1,000 shares and ended at $2 and Stationery and Office finished trading of 30,000 stock units with a loss of 40 cents to close at $8.10.

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

 

Big drop for JSE stocks on Monday

The main market of the Jamaica Stock Exchange closed mixed on Monday, with declining stock just edging out advancers but the market indices dropped sharply.
A total of 36 securities changed hands in the main and US dollar markets, with prices of 12 rising, 14 declining with 10 remaining unchanged compared to 28 securities trading on Friday. At the close of the market, the All Jamaican Composite Index dived 4,293.22 points to 408,935.58. and the JSE Index dropped 3,911.61 points to close at 372,586.56.
Trading ended with 3,443,415 units valued at $195,803,075 changing hands, compared with 3,068,694 units valued at $164,573,042 on Friday.
At the close, an average of 114,781 units valued at over $6,526,769 traded, in contrast to 113,655 units valued at over $6,095,298 on Friday. The average volume and value for the month to date, amounts to 122,630 units with a value of $4,870,814, compared to 123,423 units with a value of $4,686,819, previously. November closed, with an average of 405,528 valued at $7,755,942, for each security traded.
NCB Financial led trading for the third consecutive day with 702,122 units in accounting for 20.4 percent of the day’s volume, followed by Grace Kennedy with 606,009 units or 17.6 percent of the overall volume and Sagicor Group with 530,562 units and 15.4 percent of the day’s volume.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator reading shows 7 stocks ending with bids higher than the last selling prices and 5 closing with lower offers.
In main market activity, Barita Investments lost 96 cents and ended at $32.49, with an exchange of 31,329 shares, Berger Paints rose $1.20 to close at $23.20, with just 5,000 stock units changing hands, Caribbean Cement fell 43 cents to close at $42.52, as 21,950 shares traded, Grace Kennedy ended trading 606,009 shares with an increase of $2 to end at $62. Jamaica Producers finished trading 17,375 units with a decline of $2.20 to close at $22.50, Jamaica Stock Exchange lost 89 cents to close at $9.16, in trading 15,650 shares, JMMB Group shed $1.50 in trading 178,591 shares to close at $32.50. Kingston Wharves finished at $73, after falling $2.30 trading 15,042 stock units, NCB Financial Group rose 90 cents in ending trading of 702,122 shares at $148, PanJam Investment rose $2 to close at $74, with an exchange of 20,835 stock units, Sagicor Group fell $1.01 to close at $40.99, with 530,562 shares changing hands, Scotia Group climbed $1.99 in trading 240,745 units to close at $56 and Seprod fell $2.09 trading 142,852 shares to close at $29.51.
Trading in the US dollar market amounted to 116,255 units valued at $31,628 with Margaritaville gained 1 cent and ended at 25 US cents with 100 shares trading, Productivity Business ended trading 100 shares and increased 3 cents to 59 US cents, Proven Investments traded 100 stock units and lost 2 US cents to end at $20 us cents and Sygnus Credit Investments US dollar based ordinary share traded 719 units and rose 2 cents to end at 11 US cents. The JSE USD Equities Index declined by 0.33 points to close at 166.55.

Steady Junior Market

The Junior Market of the Jamaica Stock Exchange just inched higher at the close of trading on Monday with the Junior Market Index rising a mere 0.38 points to close at 3,113.66.
The market closed with 25 securities changing hands, resulting in an exchange of 1,343,967 units valued at $5,105,838 compared to 1,109,020 units valued at $4,743,095 on Friday from trading in 26 stocks.
 Market activities, saw the prices of 8 securities rising, 7 falling and 10 remaining unchanged. Lasco Manufacturing traded at an intraday 52 weeks’ low of $2.95 but closed at $3.05.
Trading ended with an average of 53,759 units for an average of $204,233 in contrast to 42,655 units for an average of $182,427 on Friday. The average volume and value for the month to date amounts to 204,672 units at a value of $1,149,992, versus 221,591 units at a value of $1,256,019, previously. November, ended with an average of 190,475 units valued at $653,358 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with higher bids than their last selling price and 6 with lower offers.
At the close of the day’s activity, Access Financial closed at $50.50, trading 100 shares, AMG Packaging ended at $1.70, after 90,000 stock units were traded, Blue Power concluded trading of 12,926 units with a loss of 13 cents at $6.20, Cargo Handlers settled 10 cents higher at $15, with an exchange of 6,060 shares, Caribbean Cream ended trading of 6,600 shares at $5.40. Caribbean Producers finished trading 208,181 units, with a loss of 10 cents at $5.30, Derrimon Trading ended with a loss of 2 cents at $2.55, trading 236,354 shares, Eppley settled at $9, with 1,765 units changing hands, Express Catering ended trading 36,313 shares with a loss of 10 cents at $7.50. FosRich Group traded 6 cents higher at $3.85, with an exchange of 45,100 shares, Everything Fresh gained 3 cents in trading 132,000 shares to close at $1.30, Honey Bun ended at $3.50, with an exchange of 17,196 units, Indies Pharma traded 14,760 shares and added 6 cents to close at $3.20, Jamaican Teas settled at $3.70, with an exchange of 4,434 shares, Jetcon Corporation ended trading 17,400 stock units at $3. Key Insurance traded 30,823 units at $4,  Knutsford Express  closed $1.50 higher at $11.50, with an exchange of 34,985 shares, Lasco Distributors  ended with a loss of 15 cents at $3.75, trading 254,188 shares, Lasco Financial  concluded trading 1,400 stock units with a loss of 90 cents down to $4. Lasco Manufacturing  finished 3 cents higher at $3.05, with 101,942 units after trading at a low of $2.95, Main Event  settled with a loss of 60 cents at $5.90, with 19,374 shares changing hands, Medical Disposables  ended trading of 10,445 shares, with a rise of 10 cents to close at $6.50,  SSL Venture Capital traded 47,156 shares and ended at $2, Stationery and Office finished trading with 12,314 stock units with a rise of 40 cents to $8.50 and tTech ended at $5.19, as 2,151 shares were traded.
Prices of securities trading for the day are those at which the last trade took place.

Relative stability descends on IC Top 10

The volatility in the Jamaican stock market seems to have ended with the closure of the very popular Fontana IPO.
The main market rose towards the end of the week while the junior market declines have slowed sharply. IC Insider.com expects the usual Christmas rally to take hold and drive prices higher, ahead of 2019.
The attractively underpriced Fontana would be a sure pick for the TOP 10 list but it seems unlikely to be listed before January.
Lasco Financial came re-entered the TOP 10 last week is out having risen from $4.15 to $4.90 at week end. Replacing it is Jamaican Teas that could get a boost from gains in their equity portfolio. In the main market TOP 10, Sagicor Group that came into the list this past week, is now out and is replaced by Sterling Investments that fell in price at the end of the week to $4 from $4.49 the week before.
The main market closed the week with the overall PE remains at 15.7, the PE of the Junior Market remains at 15.8. The PE ratio for Junior Market Top 10 stocks average 8.8 and the main market PE is now 9.8. The top Junior Market stocks are selling at a discount of 13 percent to those of the main market stocks even as the overall average PE for both markets are almost equal. This is an indication that there may be more gains to be had from these Junior market stocks than those in the main market.
The TOP 10 stocks now trade at an average discount of 44 percent to the average for the Junior Market Top stocks but it’s a third of what the average PE for the year is likely to be of 20 times earnings. The main market stocks trade at a discount of 37 percent to the overall market.
TOP 10 stocks are likely to deliver the best returns within a 12 months period. Stocks are selected based on projected earnings for each company’s current fiscal year. Based on an assumed PE for each, the likely gains are determined and then ranked, with the stocks with the highest potential gains ranked first followed by the rest, 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 based on new information received that can result in changes in and out of the list as well.

Big bounce for JSE stocks on Friday

Barita climbs to a new closing high of $33.45 on Friday.

Advancing stocks finally had the upper hand over declining ones, on the main market of the Jamaica Stock Exchange, leading the market indices to rise on Friday, at a faster pace than on Thursday.
At the close of the market, the All Jamaican Composite Index climbed 3,172.73 points to 413,228.80 and the JSE Index advanced by 2,890.71 points to end at 376,498.17.
Trading ended with 3,068,694 units valued at $164,573,042 changing hands, compared with 5,840,821 units valued at over $422,371,897 on Thursday. A total of 28 securities changed hands in the main and US dollar markets, with prices of 13 rising, 11 declining and 4 remaining unchanged compared to 29 securities trading on Thursday. At the end of trading two stocks ended at record closing highs.
At the close, an average of 113,655 units valued at over $6,095,298 traded, in contrast to 224,647 units valued at $16,245,073 on Thursday. The average volume and value for the month to date, amounts to 123,423 units with a value of $4,686,819, compared to 124,399 units with a value of $4,530,322, previously. November closed, with an average of 405,528 valued at $7,755,942, for each security traded.
NCB Financial led trading for the second consecutive day with 743,620 units in accounting for 24.2 percent of the day’s volume, followed by Sagicor Real Estate Fund with 462,923 units or 15 percent of the overall volume and Sagicor Group with 400,607 units and 13 percent of the day’s volume.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator reading shows 5 stocks ending with bids higher than the last selling prices and 3 closing with lower offers.
In main market activity, Barita Investments climbed $1.45 and ended at a all-time closing high of $33.45, with an exchange of 17,698 shares, Berger Paints dipped $2.50 to close at $22, with just 2,500 stock units changing hands, Caribbean Cement fell $1.05 to close at $42.95, with 67,450 shares traded, Jamaica Broilers rose 50 cents in trading 38,920 stock units at $29.50, Jamaica Producers finished trading 114,650 units with a fall of $1 to close at $24.70, Jamaica Stock Exchange  rose 55 cents to close at $10.05, in trading 104,874 shares, JMMB Group added $1 in trading 25,977 shares to close at $34. Kingston Wharves  finished at $75.30, after falling by 70 cents in trading 4,300 stock units, NCB Financial Group  rose $2.09 in ending trading of 743,620 shares at $147.10,  PanJam Investment rose $2 to close at $72, with an exchange of 25,544 stock units, Sagicor Real Estate Fund rose 30 cents to close at $10.50, with 462,923 shares changing hands, Salada Foods gained $1 and ended trading of just 100 stock units at a record close of $31 and Scotia Group dropped $1.99 in trading 35,026 units to close at $54.01.
Trading in the US dollar market amounted to 90,900 units valued at over $50,904 with Productivity Business being the sole stock trading as the price ended trading with a loss of 3 cents to end at 56 US cents. The JSE USD Equities Index declined by 2.34 points to close at 166.88.

Junior Market dips again

Knutsford Express traded at a 52 weeks’ low on Friday.

Trading on the Junior Market of the Jamaica Stock Exchange remained low on Friday from the elevated levels on Thursday but the number of securities traded jumped close to 25 percent.  
The market closed with 26 securities changing hands, resulting in an exchange of 1,109,020 units valued at $4,743,095 compared to 601,551 units valued at $2,159,980 on Thursday from trading in 21 stocks. Knutsford Express traded at a 52 weeks’ low of $10, at the close of the market while GWest Corporation traded at an intraday all-time low of $1.24.
Market activities, saw the prices of 10 securities rising, 8 falling and 8 remaining unchanged. The Junior Market Index fell 8.16 points to close at 3,113.28.
Trading ended with an average of 42,655 units for an average of $182,427 in contrast to 28,645 units for an average of $102,856 on Thursday. The average volume and value for the month to date amounts to 221,591 units at a value of $1,256,019, versus 245,207 units at a value of $1,397,711, previously. November, ended with an average of 190,475 units valued at $653,358 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 price and 3 with lower offers.
At the close of the day’s activity,Access Financial closed $3 higher at $50.50, with 152 shares changing hands, Blue Power concluded trading with 46,114 units and climbed 33 cents to $6.33, Cargo Handlers settled with a loss of 10 cents at $14.90, with 1,298 shares trading, Caribbean Cream ended trading 700 shares and rose 15 cents higher to $5.40, Caribbean Producers traded 14,300 units and rose 5 cents to $5.40. Consolidated Bakeries closed at $2, with an exchange of 1,165 shares, Derrimon Trading ended 2 cents higher at $2.57, with 83,315 shares changing hands, Elite Diagnostic finished with a loss of 13 cents at $2.87, with 8,354 stock units trading, Eppley settled at $9, with an exchange of 2,735 units. Everything Fresh gained 6 cents in trading 43,069 shares to close at $1.27, Express Catering ended trading with a loss of 10 cents at $7.60, with 17,210 shares, FosRich Group traded 81,570 shares at $3.79, General Accident finished trading 10 cents higher at $3.40, with an exchange of 16,380 shares, GWest Corporation closed at $1.30, in swapping 27,701 stock units. Honey Bun ended with a loss of 30 cents at $3.50, with 898 units changing hands, Indies Pharma traded 12,300 shares and added 4 cents to close at $3.14, Jetcon Corporation  ended trading 24,100 stock units with a loss of 15 cents to close at $3,  Knutsford Express  closed with a loss of 50 cents at $10, in trading 3,996 shares, Lasco Distributors  ended at $3.90, with an exchange of 78,050 shares. Lasco Financial concluded trading of 233,319 stock units, at $4.90,  Lasco Manufacturing  finished trading with a loss of 10 cents at $3.02, with 52,011 units, Main Event  settled at 50 cents higher at $6.50, after 6,698 shares traded, Medical Disposables  ended trading of 80,000 shares, to end at $6.40,  SSL Venture Capital traded 98,000 shares and rose 18 cents to end at $2 and  Stationery and Office  finished trading 29,949 stock units with a loss of 45 cents to $8.10. In the junior market preference segment,  Eppley  ended trading 145,636 shares at $6.

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

Trading jumps at JSE – Thursday  

Declining stocks beat out on advancing ones again on the main market of the Jamaica Stock Exchange but market indices rose to halt the recent daily decline as the volume and value of stocks climbed sharply from Wednesday’s out turn.
The main market ended with 5,840,821 units valued at over $422,371,897 trading, compared with 1,635,588 units valued at $49,600,589 changing hands on Wednesday. A total of 29 securities changed hands in the main and US dollar markets, with prices of 10 rising, 12 declining and 7 remaining unchanged compared to 26 securities trading on Wednesday.
At the close of the market, the All Jamaican Composite Index climbed 1,139.10 points to close at 410,056.07 and the JSE Index advanced by 1,037.84 points to close at 373,607.46.
Trading resulted in an average of 224,647 units valued at $16,245,073, in contrast to 62,907 units valued at over $1,907,715 on Wednesday. The average volume and value for the month to date, amounts to 124,399 units with a value of $4,530,322, compared to 113,717 units with a value of $3,126,711, previously. November closed, with an average of 405,528 valued at $7,755,942, for each security traded.
NCB Financial led trading with 2,238,381 units in accounting for 38.32 percent of the day’s volume, followed by Jamaica Producers with 930,181 units or 15.93 percent of the overall volume and Seprod with 907,620 units and 15.54 percent of the day’s volume.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator reading shows 5 stocks ending with bids higher than the last selling prices and 4 closing with lower offers.
In main market activity, Barita Investments shed 90 cents and closed at $32, with  an exchange of 11,570 shares, Berger Paints jumped $6.50 to close at a record high of $24.50, with just 1,000 stock units changing hands, Jamaica Broilers lost 50 cents in trading 65,646 stock units at $29, Jamaica Producers finished trading 930,181 units with a fall of $1.30 to close at $25.70,  JMMB Group fell $1.97 in trading 180,489 shares to close at $33. Mayberry Investments rose 50 cents and settled at $9.50, with 27,667 units changing hands, PanJam Investment rose 35 cents to close at $70, with an exchange of 213,004 stock units, Sagicor Real Estate Fund lost 79 cents to close at $10.20, with 1,000 shares changing hands, Scotia Group gained $1 trading 141,156 units to close at $56, Seprod traded 907,620 shares after declining by 50 cents to close at $31.50, Supreme Ventures rose 45 cents to $16, with 226,840 shares changing hands.
Trading in the US dollar market amounted to 14,830 units valued at over $15,692 as JMMB Group 5.75% percent preference share closed with just with 4,820 units trading but fell 10 cents to US$1,06, JMMB Group 6% preference share closed with just with 5,310 units trading but fell 10 cents to US$2 and Sygnus Credit Investments lost 1 cent and ended at 10 US cents with 4,700 shares changing hands. The JSE USD Equities Index declined by 1.06 points to close at 169.22.

Trading levels dip for Junior Market

Trading on the Junior Market of the Jamaica Stock Exchange dropped back sharply on Thursday from the elevated levels on Wednesday.  
The market closed with 21 securities changing hands, resulting in an exchange of 601,551 units valued at $2,159,981, compared to 9,928,768 units valued at $27,422,845 on Wednesday from trading in 16 stocks. GWest Corporation traded at an all-time low of $1.30, down from $2,50 when it listed in December 2017.
At the close of market activities, the prices of 7 securities advanced, 8 declined and 6 remained unchanged. The Junior Market Index advanced by 0.63 points to close at 3,121.44.
Trading ended with an average of 28,645 units for an average of $102,856 in contrast to 620,548 units for an average of $1,713,928 on Wednesday. The average volume and value for the month to date amounts to 245,207 units at a value of $1,397,711, versus 271,046 units at a value of $1,552,211, previously. November, ended with an average of 190,475 units valued at $653,358 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 price and 2 with lower offers.
At the close of the day’s activity, Access Financial closed with a loss of $3 at $47.50, in trading a mere 250 shares, CAC 2000 ended at $16.90, with an exchange of 7,197 shares, Caribbean Cream ended trading with a loss of 5 cents at $5.25, with 2,500 shares changing hands, Caribbean Producers finished trading at $5.35, with an exchange of 2,500 units, Consolidated Bakeries closed with a loss of 3 cents at $2, while 100,000 shares were traded. Derrimon Trading ended with a loss of 15 cents at $2.55, with 5,500 shares changing hands, Elite Diagnostic finished 13 cents higher at $3, with an exchange of 1,500 stock units, Everything Fresh recovered from the low it fell to on Wednesday, as it gained 20 cents in trading just 890 shares to close at $1.21. Eppley settled at $9, with an exchange of 765 units, FosRich Group traded 20,768 shares at $3.79,  General Accident finished trading of 1,301 shares, with a loss of 45 cents to end at $3.30,  GWest Corporation lost 15 cents to close at a 52 weeks’ low of $1.30, with an exchange of 27,000 stock units, Honey Bun  ended 30 cents higher at $3.80, with 1,310 units changing hands, Indies Pharma  traded 122,376 shares to close at $3.10,  Iron Rock  concluded trading of 14,256 shares for a rise of 70 cents to $4.40. Jamaican Teas settled at $3.70, with an exchange of 2,793 shares, Knutsford Express  closed 10 cents higher at $10.50, with 1,797 shares changing hands, Lasco Distributors  ended 10 cents higher at $3.90, in trading 262,985 shares, Lasco Financial concluded trading 80 cents higher at $4.90, with 10,947 stock units. Main Event settled with a loss of 1 cent at $6, with 12,654 shares changing hands and Stationery and Office finished trading 2,262 stock units with a loss of 25 cents to end at $8.55.

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

Moderate JSE main market trading – Wednesday

Declining stocks had the upper hand on advancing ones on the main market of the Jamaica Stock Exchange as the market indices fell for yet another day, as the volume and value of stocks trading declined from Tuesday’s out turn.
The main market ended with 1,635,588 units valued at $49,600,589 trading, compared with 4,528,396 units valued at $129,629,406 changing hands on Tuesday. A total of 29 securities changed hands in the main and US dollar markets, with prices of 10 rising, 12 declining and 7 remaining unchanged compared to 26 securities trading on Tuesday.
At the close of the market, the All Jamaican Composite Index lost 825.99 points to 408,916.97 and the JSE Index declined 752.57 points to close at 372,569.62.
Trading resulted in an average of 62,907 units valued at over $1,907,715, in contrast to 181,136 units valued at $5,185,176 on Tuesday. The average volume and value for the month to date, amounts to 113,717 units with a value of $3,126,711, compared to 119,777 units with a value of $3,292,648, previously. November closed, with an average of 405,528 valued at $7,755,942, for each security traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator reading shows 5 stocks ending with bids higher than the last selling prices and 4 closing with lower offers.
In main market activity, Barita Investments gained 90 cents and closed at $32.90, with an exchange of 11,147 shares, Berger Paints ended $1 lower at $18, with 9,656 stock units changing hands, Caribbean Cement shed $2 and finished trading 21,766 shares at $44, Grace Kennedy added $1 and ended trading 40,681 shares at $60, Jamaica Producers finished trading of 13,376 units with a rise of $2 to close at $27, Jamaica Stock Exchange closed with a fall of 50 cents at $9.50, in trading  79,523 shares, JMMB Group jumped $2.45 and ended trading 114,693 shares at $34.97. Kingston Wharves closed at $76, with a rise of $1.80 in trading 16,745 stock units, Mayberry Investments lost 50 cents and settled at $9, with 105,050 units changing hands, NCB Financial Group dropped $1.99 to $145.01 in ending trading of 74,419 shares, PanJam Investment jumped $7.15 to close at $69.65, with an exchange of 215,881 stock units, Sagicor Group fell 70 cent in trading 42,406 shares at $42, Sagicor Real Estate Fund added 99 cents to close at $10.99, with 295,149 shares changing hands, Scotia Group gained 99 cents trading 35,316 units to close at $55, Seprod traded 31,423 shares after rising 60 cents to close at $32, Supreme Ventures lost 45 cents and ended at $15.55, with 88,058 shares changing hands, Sygnus Credit Investments rose 44 cents and ended at $10.50 with 5,696 shares changing hands.
Trading in the US dollar market amounted to 8,525 units valued at $2,059 as MMB Group 5.75% preference share closed with just with 180 units trading but fell 10 cents to US$2, Proven Investments traded 7,200 units at 22 US cents and  Sygnus Credit Investments lost 1 cent and ended at 10 US cents with 1,145 shares changing hands. The JSE USD Equities Index declined by 0.20 points to close at 170.27.

Derrimon Trading holds up Junior Market

Derrimon Trading exchanged 9.5m shares.


Trading on the Junior Market of the Jamaica Stock Exchange remained elevated on Wednesday as 9.5 million Derrimon Trading shares traded, resulting in 9,928,768 units valued at $27,422,845 compared to 17,273,967 units valued at $179,531,161 on Tuesday.
At the close of market activities only 16 securities changed hands versus 17 on Tuesday with the prices of 3 securities advancing, 10 declining and 3 remaining unchanged and Everything Fresh falling to the lowest level at $1.01, since listing earlier in the year at $2.50. Kuntsford Express traded down to a 52 weeks’ low of $10.40.
Trading activity resulted in the Junior Market Index declining by 10.45 points, to close at 3,120.81.
Trading ended with an average of 620,548 units for an average of $1,713,928 in contrast to 1,016,116 units for an average of $10,560,656 on Tuesday. The average volume and value for the month to date amounts to 271,046 units at a value of $1,552,211, versus 236,096 units at a value of $1,536,039, previously. November, ended with an average of 190,475 units valued at $653,358 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 price and 2 with lower offers.
At the close of the day’s activity, AMG Packaging ended with a loss of 10 cents at $1.70, with 9,585 stock units changing hands, Caribbean Cream ended trading 29,650 shares at $5.30, Caribbean Producers traded 894 units at $5.35, Consolidated Bakeries closed with a loss of 12 cents at $2.03, with an exchange of 1,000 shares, Derrimon Trading ended at $2.70, with 9,514,600 shares changing hands. Dolphin Cove concluded trading $1.25 higher at $17, in exchanging 511 shares, Elite Diagnostic finished with a loss of 13 cents at $2.87, trading 15,702 stock units, Everything Fresh fell to the lowest level since listing earlier in the year, at $2.50 in trading 30,977 shares with a loss of 27 cents to close at an all-time low of $1.01,  Express Catering ended trading of 181,412 shares with a loss of 30 cents at $7.70, FosRich Group traded 51,855 shares with a loss of 1 cent at $3.79. GWest Corporation closed with a loss of 5 cents at $1.45, in trading 10,000 stock units, Indies Pharma traded 49,397 shares and lost 3 cents to close at $3.10, Jamaican Teas settled with a loss of 8 cents at $3.70, with 16,080 shares traded, KLE Group finished trading 10 cents higher at $3.20, with an exchange ofn 5,000 shares, Knutsford Express closed with a loss of 20 cents at $10.40, with 5,772 shares traded and Main Event settled 1 cent higher at $6.01, with 6,333 shares changing hands.

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