
Bulls are at large in down town Kingston.
At the close the All Jamaica Composite Index gained 204.60 points, to close at 212,416.50. The JSE Market Index climbed 182.94 points to finish at 194,312.69.
The JSE combined index rose 211.15 points to close at 206,763.30.
Market activity ended with 36 securities changing hands. At the close, the prices of 13 stocks gained while 15 declined in the overall market, including 7 stocks rising and 5 falling, in the junior market.
At the close with 3,784,854 units valued at $25,405,860 changed hands, compared to 7,231,425 units valued at $86,467,161 changing hands on Thursday. Of the stocks traded, the junior market accounted for 2,710,965 units changing hands, valued at $12,580,140.
The average trade for the day in the main market ended at 70,171 shares compared to an average of 289,026 units traded on Tuesday. The average for the month to date is 179,598 units and December ended with an average of 549,379 units.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 16 stocks with bids higher than their last selling prices and 7 with lower offers.
In market activity, Barita Investments rose by 50 cents while trading 57,000 shares at a new high of $6.50, Berger Paints ended with 46,842 units changing hands at $5.80, Cable & Wireless lost 1 cent to close at 82 cents with 667,394 units trading, Caribbean Cement ended with a $1 rise while trading 3,915 shares at $34. Carreras fell 40 cents to close at $66 with 28,450 shares changing hands, Grace Kennedy gained 49 cents to close at $40.49 with 79,915 shares changing hands. Jamaica Broilers gained 35 cents and closed at $14.50 with 153,977 shares changing hands, Jamaica Producers gained 10 cents to end at $9.50 with 27,639 units trading, Jamaica Stock Exchange lost 8 cents in trading 221,631 shares, to end at $5.52. JMMB Group traded 14,000 units and lost 39 cents to end at $14.60, Kingston Wharves slipped 3 cents and traded 5,215 at $22, Mayberry Investments lost 5 cents to end at $4.75 with 4,080 shares changing hands. National Commercial Bank traded 10,664 shares with a gain of 25 cents to close at $50.25.
PANJAM Investment traded 6,808 shares and shed $1 to close at $26.50. Radio Jamaica rose 3 cents to close at $1.28 after 15,565 shares changed hands, Sagicor Group gained 4 cents and closed with 7,845 shares changing hands at $29.04, Sagicor X Fund ended with 5,600 units trading, with a loss of 30 cents to close at $10.20. Scotia Group with 10,568 shares changing hands and closed with a gain of $1.30 at $37, Scotia Investments gained 50 cents with 1,000 units trading, to end at $30, Supreme Ventures traded 67,975 shares and lost 39 cents to end at $5.01, Proven Investments traded 50,294 ordinary shares traded at an intraday 52 weeks’ high of 23 US cents but ended at 22 US cents and JMMB Group 7.5 percent preference share traded 383,717 units $1.08.

An average of 169,435 units with an average value of $786,259 traded, compared to 24,567 units with an average value of $127,422 on the preceding trading day. The average for the month to date is 97,001 units with an average value of $456,841. The average for December is 131,147 units, at an average of $672,488.
Jetcon Corporation gained 5 cents, to close at a 52 weeks’ high of $6.05, with 22,222 shares, KLE Group lost 5 cents and closed with 3,100 shares trading at $1.90, Knutsford Express traded 8,321 shares and gained $2.50 in closing at $22.50, Lasco Distributors ended with 36,725 units trading with a fall of 51 cents to $6.50. Lasco Financial rose 31 cents with 1,386,210 shares changing hands, to end at $3.50, Lasco Manufacturing fell 5 cents and ended at $4.85, after 67,645 units switched hands and Eppley 8.25% preference share traded 820,736 units at $6.
Market activity resulted in 31 securities traded at 10:45am, compared to 25 on Tuesday at 10:45 am. A total of 14 securities advanced and 9 declined, resulting in a volume of 2,248,154 shares changing hands, carrying a value of $19,672,487, compared 2,173,726 shares changing hands, carrying a value of $28,865,298 on Tuesday. The average number of shares traded, amount to 72,521 units versus 86,949 units on Tuesday.
The average trade for the day in the main market ended at 289,026 shares compared to an average of 149,740 units traded on Friday. December ended with an average of 549,379 units.
PANJAM Investment traded 18,508 shares and shed 50 cents to close at $27.50. Radio Jamaica fell 5 cents to close at $1.25 after 53,484 shares changed hands, Sagicor Group closed with 17,856 shares changing hands at $29, Sagicor X Fund ended with 9,645 units trading, with a loss of $1.31 to close at $10.50, Scotia Group with 322,000 shares changing hands, closed with a gain of 25 cents at $37. Scotia Investments dropped $3.90 with 440,850 units trading to end at $29.50, Supreme Ventures traded 54,275 shares and gained 23 cents to $5.30 and JMMB Group 6 percent US preference share traded 225,000 units US$2.11.
The junior market index slipped at the close on the first trading day of the new year on very moderate volume. At the end of trading the market index declined by 12.29 points to end at 2,581.42.
An average of 24,567 units with an average value of $127,422 traded, compared to 102,038 units with an average value of $542,195 on the preceding trading day. The average for December is 131,147 units, at an average of $672,488.
Jamaican Teas lost 60 cents to end at $4.25 with 2,500 shares being exchanged. Key Insurance gained 20 cents to end at $2.80 with 55,524 units changing hands, KLE Group closed with 7,000 shares trading at $1.95. Lasco Distributors ended with 96,756 units trading with a fall of 4 cents to $7.01, Lasco Financial rose 8 cents with 6,294 shares changing hands, to end at $3.19, Lasco Manufacturing fell 10 cents and ended at $4.90, after 20,440 units switched hands, tTech traded 20,150 units at $5.30 and Eppley 9.5% preference share traded 17,000 units at $6.18.
Market activity resulted in 25 securities traded at 10:45 am, compared to 29 on Friday at 10:45 am. A total of 16 securities advanced and 5 declined, resulting in a volume of 2,173,726 shares changing hands, carrying a value of $ 28,865,298, compared 5,851,240 shares changing hands, carrying a value of $22,997,020 on Friday. The average number of shares traded, amount to 86,949 units versus 201,767 units on Friday.
2 more than 200 percent and 4 more than 100 percent.
Honey Bun had 13,936 shares changing hands to close at $5.85 after gaining 5 cents. Iron Rock Insurance climbed 40 cents in trading 564,394 shares to end at $4, Jamaican Teas gained 60 cents to end at $4.85 with 12,000 shares being exchanged. Jetcon Corporation closed at $6 with 42,800 shares trading, KLE Group recovered 3 cents and closed with 27,000 shares trading at $1.95, Knutsford Express rose 1 cent in trading 94,857 shares at $20. Lasco Distributors ended with 63,388 units trading with a fall of 10 cents to $7.05, Lasco Manufacturing ended at $5, after 12,795 units switched hands and Paramount Trading exchanged 86,151 units at $3.
Prices surged 3,760 points for local companies on the main market of the Jamaica Stock Exchange, to close at an all-time high on the final trading day of 2016. The market ended with the All Jamaica Composite Index climbing 25.6 percent for the year to date, the JSE market index gaining 28 percent and the Combined index that includes all listed ordinary shares, rising 30 percent.
The average trade for the day in the main market ended at 905,692 shares compared to an average of 149,740 units traded on Thursday. The average for the month to date stands at 549,379 shares compared to an average of 233,393 units for the month up to Thursday. November ended with an average of 208,466 units.
Jamaica Producers gained 20 cents to end at $9.25 with 769,449 units trading, Jamaica Stock Exchange lost 10 cents in trading 29,673 shares, to end at $5.50. JMMB Group traded 103,865 units and dropped 49 cents to end at $14.50, Mayberry Investments rose 50 cents to end at $5.50 with 3,692,948 shares changing hands, National Commercial Bank rose 24 cents ended at $50 with 2,630 shares changing hands, PANJAM Investment traded 655,404 shares and shed $2 to close at $30. Radio Jamaica gained 7 cents to close at $1.30 after 898,560 shares changed hands, Sagicor Group closed with 84,109 shares changing hands at $29, Sagicor X Fund ended with 3,136,659 units trading, with a loss of 19 cents to close at $11.81, Scotia Group with 179,939 shares changing hands, closed with a gain of $1.74 at $36.75. Scotia Investments gained $2.40 with 16,000 units trading to end at $33.40, Seprod jumped lost 30 cents to end at $29.50 with 181,944 units changing hands, Supreme Ventures traded 214,996 shares and gained 23 cents to $5.30 and Proven Investments closed at 21.95 US cents, with 12,640 units changing hands.
The Jamaica Stock Exchange all Jamaica Composite Index jumped more than 2,800 points in early trading on Friday to sit less than 800 points from the 210,000 points level while the junior market rose above Thursday’s record close to break the 2,600 mark.
The leading trades include Cable & Wireless has so far traded 4,063,060 units between 70 and 80 cents but last traded at 75 cents. Grace Kennedy 231,964 shares at $41.87, Jamaica Producers 453,416 at $9.20, Supreme Ventures 207,836 units at $5.30, Blue Power traded a 52 weeks’ high of $30 with 10,000 units changing hands, Iron Rock Insurance traded 563,234 units at $4, CAC 2000 gained 60 cents to $5.10 while 77,173 shares were traded following release of the company’s audited accounts showing the cost of the settlement of the lawsuit being in the region of $124 million.
The average trade for the day in the main market ended at 149740 shares compared to an average of 81,706 units traded on Wednesday. The average for the month to date stands at 176,057 shares compared to an average of 202,375 units for the month up to Wednesday. November ended with an average of 208,466 units.
JMMB Group traded 109,870 units and gained 51 cents to end at $14.99, Mayberry Investments fell 40 cents to end at $5 with 12,927 shares changing hands, National Commercial Bank ended at $49.76 with 5,915 shares changing hands, PANJAM Investment traded 4,325 shares and gained $3 to close at a 52 weeks’ high of $30. Sagicor Group lost $1 in closing with 81,850 shares changing hands at $29, Sagicor X Fund ended with 177,629 units trading with a gain of 55 cent to close at $12, Scotia Group with 130,524 shares changing hands, closed with a gain of 2 cents at $35.01. Scotia Investments gained $1 with 2,515 units trading to end at $31, Seprod jumped $2.30 to end at $29.80 with 7,850 units changing hands, Supreme Ventures traded 19,400 shares at $5.07 and Proven Investments closed at 21.95 US cents, with 16,578 units changing hands.