Trading jumps on Junior Market – Monday

Caribbean Flavours dominated trading on the Junior Market on Monday with nearly 9 m shares.

Caribbean Flavours traded nearly 9 million valued at $114,648,038 pushing trading to 9,306,111 units valued at $117,381,126 on the Junior Market on Monday compared to 3,652,602 units valued $15,524,040 passing through the market, on Friday, resulting from trading in 17 securities versus 22 on Friday.
At the close of the market 9 stocks rose and 6 declined, leading to the market index rising a mere 0.25 points to 3,189.83, while 5 stocks had bids higher than their last sale prices and 2 closed with lower offers.
The Junior Market ended trading with an average of 547,418 units for an average value of $6,904,772 compared to 166,027 units for an average value of $705,638 on the previous trading day. The average volume and value for the month to date rose to 576,036 units valued at $2,500,410 compared with 578,420 units valued at $2,133,380, previously, in contrast, May closed with averages of just 89,339 units at $596,722.
At the close of the market, AMG Packaging rose 15 cents to close at $4.15 with 2,00 units changing hands, Blue Power added 44 cents to close at $55 with 283 units changing hands, Cargo Handlers closed at $16 with 1,000 shares trading, Caribbean Cream traded 3,000 units to end at $7.40, Caribbean Flavours gained 20 cents in trading 8,992,003 units to end at $12.75. The trade is attributable to Derrimon Trading off-loading a portion of the holding in the company. Consolidated Bakeries traded a 3,700 units, to end at $3, Derrimon Trading ended with 2,000 units changing hands at $8.58 after adding 8 cents, Eppley had 9,486 units changing hands with a 1 cent fall to close at $12, General Accident fell a cent and closed trading with 1,872 shares at $2.79, Honey Bun had 141,667 shares changing hands to close 39 cents down at $6.11, Jamaican Teas traded 42,146 shares and rose 1 cent to end at $4.31, Jetcon Corporation rose 32 cents to end at $15.20 with 57,343 shares trading, KLE Group lost 1 cent and ended at $2.10 with 1,096 shares changing hands, Knutsford Express traded 31,565 shares to end at $16.30 with a rise of 30 cents, Lasco Distributors added 5 cents and ended trading 11,700 units at $7.20, Lasco Financial fell 2 cents with 4,000 shares changing hands to end at $4 and Main Event rose 38 cents and ended trading with 1,250 shares at $5.88.

JSE Majors in big recovery on Monday

The main market of the Jamaica Stock Exchange recovered all the losses it incurred on Thursday and Friday and more putting it back ahead of the closing level at the end of trading on Monday last week but below the close of the prior trading day. The All Jamaica Composite Index jumped 2,627.40 points to close at 259,160.39, the JSE Market Index climbed 2,393.86 points to 236,124.47 and the JSE US dollar market index gained 12.75 points to 200.45.
At the close of trading, 24 securities changed hands in the main market with 1 trading in the US dollar market, leading to 12 stocks advancing and 9 declining. Trading in the main market ended with 2,726,092 units valued at just $27,555,950 changing hands compared to 4,265,878 units valued at $141,120,152 at the close on Friday. Trading in the US dollar market accounted for 5,100 units valued at US$1,326.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 6 stocks with bids higher than their last selling prices and 1 with a lower offer.
The main market ended trading with an average of 113,587 units valued at a mere $1,148,165 for every security traded compared to an average of 185,473 units valued at a mere $6,135,659 on Friday. The average volume and value for the month to date ended at 207,165 units with an average value of $4,250,279 compared with an average of 214,963 units with an average value of $4,508,789 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Barita Investments gained 95 cents to close at $7, with an exchange of a mere 300 shares, Berger Paints gained 51 cents and closed at $17.82, with 39,256 shares trading, Cable and Wireless closed at $1.20, with 83,500 stock units changing hands, Caribbean Cement closed at $26.50, losing 50 cents in trading 2,000 shares, Carreras fell 11 cents in exchanging 1,359 units at $86.79, Grace Kennedy closed at $41, with 61,334 units changing hands, Jamaica Broilers closed at $17.62, with a loss of 38 cents trading 207,100 shares, Jamaica Producers lost 15 cents to close at $15.85, with an exchange of 2,658 units. Jamaica Stock Exchange lost 10 cents to close at $6.90 exchanging 2,029,200 shares, JMMB Group gained $1 to close at $20 trading 5,128 units, Kingston Properties traded 224 shares at $10, Mayberry Investments gained 30 cents to close at $5.30, trading of 17,037 units, NCB Financial Group traded $1 higher to close at $72, after exchanging 14,563 shares, 1834 Investments closed at $1.50, gaining 15 cents with 12,600 units changing hands, PanJam Investment gained 69 cents, in closing at $33.99 trading 672 shares. Portland JSX closed at $10, with gains of 5 cents, exchanging 20,000 units, Pulse Investments traded 50 cents lower to close at $17, with 1,649 shares changing owners, Sagicor Group closed at $34.20, losing 54 cents while trading 33,954 shares. Salada Foods closed at $10, with an exchange of 1,428 units, Scotia Group gained 55 cents to end at $43.55, trading 69,399 shares, Seprod lost 50 cents to close at $29, with 1,000 units traded while Supreme Ventures closed at $7.50, after gaining 24 cents with 71,331 shares changing hands. Proven Investments closed at 26 US cents, with gains of 0.02 US cents in trading 5,100 ordinary shares, JMMB 7. 5% preference share closed at $2, gaining 10 cents with an exchange of 50,000 units and ISP Finance bond traded 5,000 units at a record of $1.10 to gain 10 cents.

NCB, JMMB, RJR dominate trading – Friday

NCBFiniancial Group traded more than 1.6 million shares on Friday.

NCB Financial Group with 1.6 million units and Radio Jamaica with 1.5 million and JMMB Group with nearly 600,000 shares were the dominant trades when the Jamaica Stock Exchange closed trading on Friday. At the close of trading, 23 securities changed hands with no trading in the US dollar market, leading to 8 stocks advancing and 6 declining.
At the end of trading, the All Jamaica Composite Index declined 229.82 points to close at 256,532.99, the JSE Market Index lost 209.39 points to 233,730.61 and the JSE US dollar market index closed at 187.70.
Trading in the main market ended with 4,265,878 units valued at $141,120,152 changing hands compared to 12,639,003 units valued at $265,691,928 at the close on Thursday.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 10 stocks with bids higher than their last selling prices and 1 with a lower offer.
The main market ended trading with an average of 185,473 units valued at $6,135,659 for every security traded compared to an average of 468,111 units valued at $9,840,442. The average volume and value for the month to date ended at 214,963 units with an average value of $4,508,789 compared with an average of 217,644 units with an average value of $4,360,892 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Barita Investments gained 5 cents to close at $6.05, with an exchange of 100 shares, Berger Paints closed at $17.31, with 13.963 shares traded, Cable and Wireless closed at $1.20, with 150,718 stock units changing owners, Caribbean Cement closed at $27, gaining 50 cents trading 5,686 shares, Carreras exchanged 1,776 units at $86.90, Grace Kennedy closed at $41, after gaining 23 cents with 19,664 units trading, Jamaica Broilers traded 12,510 shares at $18, Jamaica Producers jumped $1.50 and closed at $16 trading 13,622 units. Jamaica Stock Exchange closed at $7, with an exchange of 14,540 shares, JMMB Group lost 20 cents to close at $19 trading 558,889 units, Kingston Wharves dived $1.53 to close at $27.01, with 19,000 shares changing hands, Mayberry Investments gained 35 cents to close at $5, with trades of 30,040 shares, NCB Financial Group traded $1 lower to close at $71, after exchanging 1,652,807 shares, PanJam Investment lost 20 cents, closing at $33.30 trading 6,030 shares. Pulse Investments closed at $17.50, with gains of 50 cents in exchanging 21,700 shares, Radio Jamaica closed at $1.60, after losing 5 cents while trading 1,537,900 shares, Sagicor Group closed at $34.74, losing 64 cents trading 17,199 shares, Sagicor Real Estate Fund traded 10 cents lower to close at $11.10 with 2,000 shares being exchanged. Salada Foods closed at $10, trading of 300 units, Scotia Group closed at $43 exchanging 134,239 shares, Scotia Investments traded 19,195 shares at $36.50 while Supreme Ventures closed at $7.26, with 33,700 shares changing hands and JMMB Group 7.25% preference share closed at $1.50, gaining 19 cents with trades of 300 units.

 

Trading jumps on Junior Market – Friday

CPJ continues to trade decent volumes in the low $3 level.

Trading activity picked on the Junior Market on Friday with 3,652,602 units valued $15,524,040 passing through the market, compared to 421,996 units valued $3,141,010 on Thursday, resulting from trading in 22 securities versus 17 on Thursday.
The main trades contributing to the increased volume are Caribbean Producers that has been trading in large volumes with 2.47 million units changing hands on Friday followed by Jamaican Teas with just over 600,000 units.
At the close of the market 8 stocks rose and 7 declined, leading to the market index rising 10.86 points to 3,189.58, while 3 stocks had bids higher than their last sale prices and 3 closed with lower offers.
The Junior Market ended trading with an average of 166,027 units for an average value of $705,638 compared to 24,823 units for an average value of $184,765 on the previous trading day. The average volume and value for the month to date rose to 578,420 units valued at $2,133,380 compared with 615,911 units valued at $2,263,174, previously, in contrast, May closed with averages of just 89,339 units at $596,722.
At the close of the market, Blue Power dropped $1.94 and closed at $54.56 with 5,660 units changing hands, Cargo Handlers closed at $16 with just 6,068 shares trading, Caribbean Cream traded 21,852 units to end at $7.40, Caribbean Flavours gained $1.56 in trading 158,510 units to end at $12.55. A trade of more than 9 million units at $12.75 towards the close of trading was cancelled as the price exceeded the level permissible by the close of trading. Caribbean Producers traded a relatively large quantity of 2,473,085 units, but lost 17 cents to end at $3.03, C2W Music had 44,500 units changing hands to close at 45 cents, Dolphin Cove dropped $1 to end at $18 with 6,933 shares changing hands, Eppley had 1,200 units changing hands with a 1 cent gain to a 52 weeks’ closing high of $12.01, General Accident gained 50 cents and closed trading with 6,300 shares at $2.80, Honey Bun had 400 shares changing hands to close 35 cents down at $6.50, Jamaican Teas traded 604,000 shares and rose 5 cents to end at $4.30, Jetcon Corporation ended at $14.88 with 69,219 shares trading, Knutsford Express traded 23,725 shares to end at $16 with a loss of 30 cents, Lasco Distributors added 15 cents and ended trading 55,236 units at $7.15, Lasco Financial gained 2 cents with a mere 232 shares changing hands to end at $4.02, Lasco Manufacturing shed 11 cents to end at $4.54 trading 56,925 shares. Main Event dropped 50 cents and ended trading with 40,962 shares at $5.50. Medical Disposables ended at $6 after jumping $1 with 24,940 units changing hands, Paramount Trading ended with 47,032 shares changing hands at $3.02 and tTech ended with 5,823 units trading with the price rising 25 cents, to $8.55.

 

Trading drops on Junior Market – Thursday

Trading activity fell sharply on the Junior Market on Thursday with just 421,996 units valued $3,141,010 passing through the market, compared to 2,431,664 units valued $15,710,282,on Wednesday.
Trading ended with only 2 stocks rising and 8 falling as 17 securities traded versus 20 on Wednesday, leading to the market index dropping 10.52 points to 3,178.72. At the close of the market 5 stocks had bids higher than their last sale prices and 3 closed with lower offers.
The Junior Market ended trading with an average of 24,823 units for an average value of $184,765 compared to 121,583 units for an average value of $785,514 on the previous trading day. The average volume and value for the month to date rose to 615,911 units valued at $2,263,174 compared with 675,019 units valued at $2,471,015, previously, in contrast, May closed with averages of just 89,339 units at $596,722.
At the close of the market, CAC 2000 closed at $7.50 with 5,146 units changing hands, Caribbean Cream shed 12 cents in trading 16,316 units to end at $7.40, Caribbean Flavours fell $1.01 in trading 53,012 units to end at $10.99, Caribbean Producers traded 67,589 units and lost 58 cents to end at $3.20, Consolidated Bakeries traded 16,500 shares to close at $3, with a loss of 18 cents, C2W Music had 43,154 units changing hands to close at 45 cents, Derrimon Trading had 14,657 units changing hands to close 10 cents lower at $8.50, Eppley had 45,181 units changing hands and closed at $12. General Accident dived 60 cents and closed trading with 227,312 shares to end at $2.30, Honey Bun had 3,599 shares changing hands to close at $6.85, Jamaican Teas traded 24,500 shares but lost 2 cents to end at $4.25, Jetcon Corporation ended at $14.88 with 51,092 shares trading, KLE Group rose 1 cent and ended at $2.11 with 10,500 shares changing hands, Knutsford Express traded 9,195 shares to end at $16.30 with a loss of 15 cents, Lasco Financial had 1,400 shares changing hands to end at $4. Main Event ended trading with 33,900 shares at $6, Paramount Trading fell 2 cents and ended with 2,000 shares changing hands at $3.02 and tTech ended with 24,255 units trading with the price rising 40 cents to $8.30.

 

Big drop in stocks on Thursday

Trading in the main market of the Jamaica Stock Exchange was hit hard with declining stock ending 2 to 1 over advancing ones leading to big fall in the main market indices. At the close on Thursday the All Jamaica Composite Index dropped 2,155.19 points to close at 256,762.81, the JSE Market Index tumbled 1,963.63 points to 233,940.00 and the JSE US dollar market index lost 5.48 points to 187.70.
At the close of trading, 27 securities changed hands with 2 trading in the US dollar market, leading to 8 stocks advancing and 16 declining. Trading in the main market ended with 12,639,003 units valued at $265,691,928 changing hands compared to 5,154,113 units valued at $53,288,691 at the close on Wednesday. Trading in the US dollar market accounted for 47,800 units valued at US$40,223.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 8 stocks with bids higher than their last selling prices and 1 with a lower offer.
The main market ended trading with an average of 468,111 units valued at $9,840,442 for every security traded compared to an average of 234,278 units valued at $2,422,213 on Wednesday. The average volume and value for the month to date ended at 217,644 units with an average value of $4,360,892 compared with an average of 192,597 units with an average value of $3,812,937 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Barita Investments closed at $6, losing $1 trading 2,800 shares, Berger Paints traded 69 cents lower to close at $17.31 in exchanging 19,999 shares, Cable and Wireless closed at $1.20, with 126,884 stock units changing, Caribbean Cement closed at $26.50, after losing 10 cents trading 2,940 shares, Carreras advanced $4.90 to close at $86.90, with an exchange of 31,475 units, Grace Kennedy closed at $40.77, losing 23 cents with 196,826 units changing hands, Jamaica Broilers gained 5 cents exchanging 74,526 shares to close at $18, Jamaica Producers closed at $14.50, with gains of 10 cents trading 66,154 units. Jamaica Stock Exchange closed at $7, with an exchange of 31,000 shares, JMMB Group closed at $19.20, losing 30 cents trading 54,696 units, Kingston Properties traded $1.26 lower to close at $10 exchanging 10,000 shares, Kingston Wharves closed at $28.54 with 300 shares changing ownership, NCB Financial Group gained $1.95 and closed at $72, after exchanging 2,964,070 shares, 1834 Investments exchanged 10,473 units at $1.35, 138 Student Living closed at $4.48, with trades of 1,110 units. PanJam Investment lost 50 cents, closing at $33.50 trading 13,090 shares, Pulse Investments closed at $17, losing 40 cents with an exchange of just 607 shares, Radio Jamaica closed at $1.65, with a loss of 1 cent in exchanging 7,102,241 shares, Sagicor Group closed at $34.10, losing 10 cents trading 268,796 shares, Sagicor Real Estate Fund traded 5 cents higher to close at $11.20 with 4,260 shares exchanged. Scotia Group closed at $43, with gains of 30 cents trading 313,510 shares, Scotia Investments lost 50 cents to close at $36.50, with 23,129 units changing hands, Seprod closed at $29.50, gaining 50 cents, with trades of 3,315 shares while Supreme Ventures closed at $7.26, with a loss of 9 cents and 255,820 shares changing hands. Proven Investments rose marginally in exchanging 15,300 ordinary shares at 24.01 US cents, JMMB Group USD 6% preference share closed at US$1.12 with trades of 32,500 units, JMMB 7.5% preference share lost 5 cents to close at $1.90, with an exchange of 60,000 units, JPS 9.5% preference share closed $23 lower, closing at $1,302 with 982 units and JMMB Group 7.5% preference share closed at $1.12, losing 3 cents with trades of 1,000,000 units.

 

Junior Market falls on Wednesday

Trading activity rose on the Junior Market on Wednesday with more volume and value being traded than on Tuesday. Volume going through the market rose to 2,431,664 units valued $15,710,282, compared to 1,467,646 units valued $7,509,226 on Tuesday.
Trading ended with 5 stocks rising and 10 falling as 20 securities traded versus 22 on
Tuesday. At the close of the market, the market index dropped 32.21 points to 3,189.24 and 2 stocks had bids higher than their last sale prices and 4 closed with lower offers.
The Junior Market ended trading with an average of 121,583 units for an average value of $785,514 compared to 66,711 units for an average value of $341,328 on the previous trading day. The average volume and value for the month to date rose to 675,019 units valued at $2,471,015 compared with 736,512 units valued at $2,658,293, previously. In contrast, May closed with averages of just 89,339 units at $596,722.
At the close of the market, AMG Packaging fell 8 cents to close at $4 with 99,558 units changing hands, Cargo Handlers closed at $16 with just 2,500 shares trading, Caribbean Cream gained 7 cents in trading 6,100 units to end at $7.52, Caribbean Producers traded 474,617 units and rose 28 cents to end at $3.78, Consolidated Bakeries traded 472 shares to close 2 cents lower at $3.18, Derrimon Trading had 1,039,357 units changing hands to close 40 cents lower to $8.60, Dolphin Cove dropped $1 to end at $19 with 110 shares changing hands, Eppley rose $1 with 27,264 units changing hands, to close of $12. General Accident dived 60 cents and closed trading with 227,312 shares to end at $2.30, Honey Bun had 11,815 shares changing hands to close with a fall of 15 cents to $6.85, Jamaican Teas traded 10,000 shares at $4.27, Jetcon Corporation ended at $14.88 with 62,592 shares trading, after gaining 38 cents, Knutsford Express traded 36,301 shares to end at $16.45, Lasco Distributors shed 5 cents and ended trading 25,350 units at $7, Lasco Financial had 123,007 shares changing hands to end at $4. Lasco Manufacturing shed 15 cents to end at $4.65 trading 207,000 shares. Main Event dropped 49 cents to end trading with 5,311 shares at $6.Medical Disposables ended at $5 after losing 90 cents with 42,895 units crossing the exchange, Paramount Trading climbed by 19 cents and ended with 12,358 shares changing hands at $3.04 and tTech ended with 17,745 units trading at $7.90.

JSE main market rose on Wednesday

Trading in the main market of the Jamaica Stock Exchange closed on Wednesday with gains in the market indices but comes against a background of declining stocks out numbering advancing ones. At the close the All Jamaica Composite Index advanced 465.94 points to close at 258,918.00, the JSE Market Index gained 424.53 points to 235,903.63 and the JSE US dollar market index rose 6.89 points to 193.18.
At the close of trading, 22 securities changed hands in the main market with 2 trading in the US dollar market, leading to 5 stocks advancing and 12 declining. Trading in the main market ended with 5,154,113 units valued at $53,288,691 changing hands compared to 11,853,174 units valued at just $109,266,700 at the close on Tuesday. Trading in the US dollar market accounted for 6,586 units valued at US$5,080.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 5 stocks with bids higher than their last selling prices and 3while with lower offers.
The main market ended trading with an average of 234,278 units valued at $2,422,213 for every security traded compared to an average of 515,355 units valued at $4,750,726 on Tuesday. The average volume and value for the month to date ended at 192,597 units with an average value of $3,812,937 compared with an average of 187,966 units with an average value of $4,045,663 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Berger Paints closed at $18, with a loss of 75 cents exchanging 28,700 shares, Cable and Wireless closed at $1.20, with 2,750 stock units changing hands, Caribbean Cement closed at $26.60, after losing 40 cents trading 38,991 shares, Carreras dropped $7 to close at $82, with an exchange of 1,603 units, Grace Kennedy closed at $41 with trades of 23,804 units, Jamaica Broilers lost 5 cents exchanging 76,020 shares to end at $17.95, Jamaica Producers closed at $14.40, with a loss of 10 cents trading 1,000 units. Jamaica Stock Exchange traded 29 cents lower, to close at $7, with an exchange of 4,058,452 shares, JMMB Group ended at $19.50 trading 13,728 units, Kingston Wharves traded $1.96 lower to end at $28.54 with 8,217 shares changing owners, Mayberry Investments added 10 cents to close at $4.65, with trades of 76,027 units, NCB Financial Group closed at $70.05, losing $1.18 after exchanging 147,890 shares, 1834 Investments closed at $1.35, gaining 5 cents with 51,470 shares trading. PanJam Investment closed at $34 trading 19,021 shares, Portland JSX exchanged 21,433 units at $9.95, Pulse Investments added 40 cents, to close at $17.40 trading 125 shares, Radio Jamaica closed at $1.66, gaining 1 cent in exchange of 1,000 shares, Sagicor Group closed at $34.20, with a loss of 1 cent trading 77,412 shares and Sagicor Real Estate Fund traded 15 cents higher to close at $11.15 with 403,600 shares exchanged. Scotia Group closed at $42.70, with a loss of $1.15 exchanging 11,613 shares, Seprod closed at $25, losing 49 cents in trading 4,257 shares while Supreme Ventures closed at $7.35, with a loss of 15 cents as 87,000 shares changed hands. Proven Investments exchanged 3,835 ordinary shares at 24 US cents and JMMB Group USD 5.75% preference share closed at US$1.50 with trades of 2,751 units.

Junior Market inched higher on Tuesday

Trading on the Junior Market on Tuesday ended with much lower volume and values than on Monday. Total volume going through the market ended at 1,467,646 units valued $7,509,226, compared to 112,078,312 units valued $371,345,580 on Tuesday.
Trading ended with 9 stocks rising and 6 falling as 22 securities traded versus 20 on  Tuesday. At the close of the market, the market index inched 7.14 points higher, to 3,221.45.
At the close of trading, 2 stocks had bids higher than their last sale prices and 4 closed with lower offers.
The Junior Market ended trading with an average of 66,711 units for an average value of $341,328 compared to 5,603,616 units for an average value of $18,567,279 on the previous trading day. The average volume and value for the month to date rose to 736,512 units valued at $2,658,293 compared with 820,200 units valued at $2,947,914, previously, in contrast, May closed with averages of 89,339 units at $596,722.
At the close of the market, Access Financial climbed $1.20 and closed at $46.20 with 834 units changing hands, AMG Packaging fell 52 cents to close at $4.08 with 2,702 units changing hands, Cargo Handlers closed at $16 with just 3,281 shares trading, Caribbean Cream fell 10 cents in trading 58,192 units to end at $7.45, Caribbean Producers traded 29,500 units and rose 21 cents to end at $3.50, Derrimon Trading had 32,452 units changing hands to close at 50 cents higher to $9, Dolphin Cove jumped $2 to end at $20 with 4,063 shares changing hands, Eppley rose 99 cents with 1,400 units changing hands, to close of $11. General Accident gained 20 cents and closed trading with 23,724 shares to end at $2.90, Honey Bun had 14,991 shares changing hands to close at $7, ISP Finance traded only 1,667 shares to end at $24, Jamaican Teas added 1 cent in trading 850,000 shares at $4.27, Jetcon Corporation ended at $14.50 with 18,673 shares trading, after falling 1 cent, Knutsford Express traded 30,798 shares to end at $16.45, Lasco Distributors gained 5 cents and ended trading 23,000 units at $7.05, Lasco Financial had 83,688 shares changing hands to end at $4. Lasco Manufacturing shed 19 cents to end at $4.80 trading 123,760 shares. Main Event dropped 1 cent to end trading with 8,418 shares at $6.49.Medical Disposables ended at $5.90 after advancing 10 cents with 9,500 units crossing the exchange, Paramount Trading declined by 19 cents and ended with 47,270 shares changing hands at $2.85 and tTech ended with 49,733 units trading at $7.90.

JSE indices rise in soft market – Tuesday

Trading in the main market of the Jamaica Stock Exchange closed on Tuesday with advancing stocks just edging out declining ones and leading the market indices to a mild increase. At the close trading volume and values rose sharply compared to the prior day.
The All Jamaica Composite Index advanced 169.10 points to close at 258,452.06, the JSE Market Index gained 154.07 points to 235,479.10 but the JSE US dollar market index lost 14.16 points to 186.29.
At the close of trading, 23 securities changed hands with 1 trading in the US dollar market, leading to 11 stocks advancing and 9 declining. Trading in the main market ended with 11,853,174 units valued at $109,266,700 changing hands compared to 5,146,243 units valued at just $51,796,808 at the close on Monday. Trading in the US dollar market accounted for 146,047 units valued at US$34,731.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 7 stocks with bids higher than their last selling prices and 4 with lower offers.
The main market ended trading with an average of 515,355 units valued at $4,750,726 for every security traded compared to an average of 197,932 units valued at $1,992,185 on Monday. The average volume and value for the month to date ended at 187,966 units with an average value of $4,045,663 compared with an average of 147,042 units with an average value of $3,957,530 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Berger Paints closed at $18.75, with a loss of 25 cents exchanging 1,220 shares, Cable and Wireless gained 4 cents to close at $1.20, with 129,607 stock units changing hands, Caribbean Cement closed at $27, with gains of 65 cents trading 2,000 shares, Grace Kennedy gained 10 cents and closed at $41, with trades of 51,742 units, Jamaica Broilers exchanged 20,471 shares at $18, Jamaica Producers closed at $14.50, with gains of 40 cents trading 38,624 units. Jamaica Stock Exchange traded 10,113,600 shares and closed 29 cents higher at $7.29, JMMB Group lost $1 to close at $19.50 trading 34,065 units, Mayberry Investments gained 5 cents to close at $4.55, with trades of 150,000 units, NCB Financial Group lost 27 cents to close at $71.23, after exchanging 67,138 shares, 1834 Investments closed at $1.30, with trades of 23,966 shares, 138 Student Living traded 1 cent lower to close at $4.48, with an exchange of 1,420 units. PanJam Investment closed at $34, after adding $1 in trading 28,130 shares, Pulse Investments gained 90 cents, closing at $17 trading 14,585 shares, Radio Jamaica closed at $1.65, losing 1 cent and exchanging 413,162 shares, Sagicor Group closed at $34.21, with a loss of 4 cents trading 46,714 shares, Sagicor Real Estate Fund traded 30 cents higher to close at $11 with 10,821 shares exchanged. Salada Foods lost $1, closing at $10 with 500 units changing hands, Scotia Group closed at $43.85, with gains of $1.25 exchanging 559,823 shares, Scotia Investments gained 50 cents to close at $37, trading 12,970 units, Seprod closed at $29.49, losing 1 cent and trading 4,257 shares while Supreme Ventures closed at $7.50, with 120,059 shares changing hands. Proven Investments lost 0.02 US cents exchanging 146,047 ordinary shares to close at 24 US cents and JMMB 7.5% preference share closed at $1.95, losing 5 cents with trades of 8,300 units.