Grace Kennedy traded 27.9 million shares valued at $1,161,862,567 but Scotia Group’s traded at earlier $32.40 helping to move the main market indices upwards.
Scotia eventually fell back from the mornings high by mid-morning.
The junior market rose moderately, Jetcon Corporation rose 10 cents to a new high of $4.10 with 4,300 units trading and Lasco Distributors traded 3,734,752 units at $7.05. In the main market, Cable & Wireless traded 513,700 shares at 80 cents, National Commercial Bank traded 309,258 units at $40 and Scotia Group traded 190,191 units and fell back $1.45 to $30.06.
At 10:45 am 22 securities traded, resulting in a volume of 33,336,371 shares carrying a value of $1,215,936,825 changing hands compared to 3,624,650 shares carrying a value of $1,765,042 on Thursday. The average number of shares traded amounts to 1,515,290 units compared to 9,488 units on Thursday. The number of stocks falling are 4 while the prices of 8 securities rose as the market continues to consolidate.
The all Jamaica Composite Index gained 820.63 points to 178,889.28, the Jamaica Stock Exchange Market Index climbed 733.78 points to 161,000.59, the Jamaica Stock Exchange combined index rose 752.52 points to close at 172,783.54 and the junior market index rose 7.01 points to 2,284.94.
Grace trade 27.9m shares
20 JSE stocks rose 14 fall -Thursday
Jamaican main market stocks recovered from losses sustained on Thursday with a strong advance decline ratio but with low trading levels. Trading led to the prices of 20 securities gaining out of a total of 43 that traded, with 14 declining in the overall market, including 8 stocks rising and 8 falling, in the junior market.
At the close of the market to 2,177,808 units valued at $15,988,922, changed hands, compared to the 6,452,961 units valued at $39,142,493 changing hands on Wednesday. The junior market accounted for 1,412,005 units valued at $5,750,259 of the total traded on Thursday.
At the close of trading, the JSE Market Index climbed 896.25 points to end at 160,266.81. The all Jamaica Composite Index jumped 1,002.31 points to close at 178,068.65 and the JSE combined index rose 868.84 points, to end at 172,031.02.
At the close, IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 13 stocks with bids higher than their last selling prices and 3 with lower offers, suggesting that advancing stocks should continue to have the upper hand immediately ahead.
In market activity, investors picked up just 31,724 units of Cable & Wireless, the price slipped 2 cents in closing at 78 cents, Caribbean Cement gained 41 cents to close at $27 with just 1,255 units changing hands, Carreras traded 5,037 shares and gained 42 cents to close at $66.02, Investors traded 8,000 shares of 1834 Investments to close at $1.24. Grace Kennedy ended at $41.45, with 18,474 shares changing hand, Jamaica Broilers had 8,152 shares changing hands, to end at $14.55.
Jamaica Producers lost 10 cents and ended at $8.40 with 3,615 units trading, Jamaica Stock Exchange gained 50 cents and ended at $27 while trading 61,156 shares, JMMB Group traded 22,000 units and rose 10 cents to $10. Kingston Wharves jumped $1.35 in trading 9,780 shares to close at $17.55, Pan Jamaican Investments gained 5 cents and closed at $24.45 after trading 3,610 shares, Radio Jamaica closed at $1.40 after 5,899 shares changed hands, Sagicor Group traded 208,100 shares while falling 53 cents to close at $22.57. Sagicor Real Estate Fund traded 28,000 shares to close with a fall of 20 cents at $10.15, Scotia Group closed with a gain of $1.10 at $31.51 with 24,280 shares changing hands. Seprod gained 19 cents to close at $19.70 with 6,473 shares trading, Supreme Ventures gained 23 cents with 76,730 units changing hands to close at $4.98 and Jamaica Money Market Brokers 7.50% preference share closed with 234,000 units changing hands for a 2 cents fall to $2.08.
3 new closing junior highs – Thursday

Paramount closed at a new high of $17.50 on Thursday.
The market index gained 3.66 points, to close at 2,277.93. Market activities ended with 4 securities closing with bids higher than their last selling prices and 2 ending with lower offers.
Trading ended with 1,412,005 units changing hands, 57 percent less than on Wednesday, while the value traded dropped 64 percent, with $5,750,259, down from $15,960,574 changing hands on Wednesday.
At the close, AMG Packaging traded 59,416, shares with the price dropping 33 cents to close at $15.22, CAC 2000 closed with 5,000 shares changing hands at $6.40. Caribbean Cream gained 30 cents and closed with 10,000 shares changing hands at a 52 weeks’ closing high of $9, Caribbean Producers traded 1,013,163 shares and rose 5 cents to close at $3.30. Consolidated Bakeries closed with a regained of 5 cents at $2.40 with 83,211 units changing hands. General Accident closed trading with 57,610 units but lost 1 cent to close at $2.29, Honey Bun fell 32 cents in trading 20,637 units to end at $5.53, Iron Rock Insurance traded 8,000 shares at $3.28, Jamaican Teas traded only 3,900 units but declined by 20 cents to end at $3.60. Jetcon Corporation traded 20,000 shares and gained 70 cents to close at a new all-time high of $4, Key Insurance traded 10,000 units and lost 16 cents to close at a new low of $2.49.
Knutsford Express Services dropped $1 to end with 14,950 units trading at $25, Lasco Distributors closed with 8,645 units trading, ended with a loss of 3 cents at $6.97, Lasco Financial gained 20 cents with 5,000 shares changing hands at $3.30. Lasco Manufacturing rose 9 cents and closed at $4.45 with 89,310 shares trading, Medical Disposables rose by 15 cents in trading 1,063 shares and closed at $4, Paramount Trading climbed $2.45 to end with 2,000 shares changing hands at a 52 weeks’ high of $17.50 and Derrimon Trading preference share lost 5 cents in trading 100 shares at $2.15.
Scotia pushed JSE main market
A big 47 percent jump in Scotia Group’s third quarter profits motivated investors to push the stock up by $1 to $31.50 and the main market all Jamaica index up by more than 1,600 points in the morning session,
even as the overall volumes traded so far is light.
The junior market rose moderately with two stocks traded at new highs in the morning session, as Jetcon Corporation rose 70 cents to $4 with 20,000 units trading and while 2,000 units traded for Paramount Trading at $17.50 for a gain of $2.45. Caribbean Cream that has come in for increased buying traded above Wednesday’s closing high to $9 with 10,000 shares.
At 10:45 am 26 securities traded, resulting in a volume of only 246,695 shares carrying a value of 1,765,042 changing hands compared to 3,624,650 shares carrying a value of $18.2 million on Wednesday. The average number of shares traded amounts to only The 9,488 units compared to 95,386 units on Wednesday. The number of stocks falling are 6 while the prices of 12 securities rose as the market continues to consolidate.
The all Jamaica Composite Index gained 1,653.06 points to 178,719.40, the Jamaica Stock Exchange Market Index climbed 1,478.14 points to 160,848.70, the Jamaica Stock Exchange combined index rose 1,468.28 points to close at 172,630.46 and the junior market index rose 9.48 points to 2,283.75.
2 new highs for junior stocks – Wednesday

Caribbean Cream closed at a new high on Wednesday of $8.70 after trading as high as $10.20.
The market index gained 8.17 points, to close at 2,274.27. Market activities ended with 5 securities closing with bids higher than their last selling prices and 3 ending with lower offers.
Trading ended with 3,294,451 units changing hands, 520 percent more than on Tuesday, while the value traded jumped 597 percent, with $15,960,574, up from $2,288,358 changing hands on Tuesday.At the close, AMG Packaging traded 25,500, shares with the price dropping $1.95 to close at $15.55, Blue Power rose 98 cents with 615 shares trading and closed at a new high of $21, CAC 2000 closed with 2,000 shares changing hands at $6.40. Caribbean Cream gained 40 cents and closed with 6,823 shares changing hands at a 52 weeks’ high of $8.70, after trading as high as $10.20, Caribbean Flavours lost 50 cents in trading 30,000 units to close at $8, Caribbean Producers traded 19,171 shares and fell 35 cents to close at $3.25. Consolidated Bakeries closed with a loss of 5 cents at $2.35 with 16,121 units changing hands. C2W Music ended with 210,483 shares trading at 20 cents, General Accident closed trading with 86,147 units at $2.30, Honey Bun rose 33 cents in trading 27,760 units to end at $5.85, Jamaican Teas traded only 220 units but declined by 20 cents to end at $3.80.
KLE Group traded 66,000 units and rose by 10 cents to close at $1.50. Knutsford Express Services ended with 740 units trading at $26, but ended trading with the stock on offer at $25 to sell 38,260 units. Lasco Distributors closed with 1,409,630 units trading, ended with a rise of 5 cents at $7, Lasco Financial lost 35 cents with 1,266,578 shares changing hands at $3.10. Lasco Manufacturing fell 9 cents and closed at $4.36 with 1,652 shares trading, Medical Disposables rose by 30 cents in trading 40,933 shares and closed at $3.85 and tTech rose 70 cents in trading 84,078 shares at $6.
2 new highs for junior market
The junior market rose moderately but three stocks traded at
new highs in the morning session as Caribbean Cream hit $10.20 in trading just 4,823 shares and Blue Power traded at $21. tTech traded up to $6 with 48,521 unit. The advance decline ratio was positive at more than 2 to 1.
At 11:45 am 38 securities traded, resulting in a volume of just 3,624,650 shares carrying a value of $18.2 million changing hands compared to 2,159,587 shares carrying a value of approximately $2.16 million on Tuesday. The average number of shares traded amounts to only The 95,386 units compared to 79,985 units on Tuesday. The number of stocks falling are 8 while the prices of 18 securities rose as the market continues to consolidate.
138 Student Living traded 641,007 units and gained 20 cents to $4.70 and Lasco Financial Services trades 1,266,578 shares but fell down to $3.10 from $3.45 at the close on Tuesday.
The all Jamaica Composite Index gained 102.03 points to 177,425.60, the Jamaica Stock Exchange Market Index climbed 91.24 points to 159,691.81, the Jamaica Stock Exchange combined index rose 270.06 points to close at 171,561.63 and the junior market index rose 18.06 points to 2,284.16.
7 junior stocks rise 2 fall – Tuesday
The Junior market closed on Tuesday, with limited traded that rose 69 percent above Monday’s low level Fewer securities traded than on Monday, but at the close 7 stocks gained, while 2 declined out of 10 securities that traded, down from 12 on Monday as two stocks closed a new highs.
The market index declined 14.32 points, to close at 2,266.10. Market activities ended with 4 securities closing with bids higher than their last selling prices and 5 ending with lower offers.
Trading ended with 531,125 units changing hands, 63 percent less than on Monday, while the value traded jumped 57 percent, with just $2,288,358 up from $1,453,100 changing hands on Monday.
At the close, Caribbean Cream closed with 18,700 shares changing hands and gained 30 cents to close at $8.30, Caribbean Producers traded 2,316 shares to close at $3.50 after gaining 35 cents, Consolidated Bakeries closed with a 20 cents rise to close at $2.40 with 20,192 units changing hands.
Honey Bun rose 33 cents in trading 90,458 units to end at $5.85, Lasco Distributors closed with 16,572 units trading, ended with a loss of 5 cents at $6.95, Lasco Financial gained 5 cents with 209,953 shares changing hands at $3.45. Lasco Manufacturing rose 10 cents and closed at $4.45 with 125,661 shares trading, Medical Disposables traded 27,067, shares and closed at $3.55, Paramount Trading climbed $1.05 to end with 2,000 shares changing hands at a 52 weeks’ high of $15.05 and tTech rose 5 cents in trading 18,206 shares at $5.30.

At the close, IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 11 stocks with bids higher than their last selling prices and 4 with lower offers, suggesting continued fluidity in price movements immediately ahead.
Radio Jamaica closed at $1.40 after 5,000 shares changed hands, Sagicor Group traded 44,896 shares while rising 50 cents to close at $23.10, Sagicor Real Estate Fund traded 16,000 shares to close with a gain of 20 cents at $10.35. Scotia Group closed with a gain of 50 cents at $30.50 with 112,598 shares changing hands, Scotia Investments had 196,976 units changing hands at $26, Seprod gained 1 cent to close at $19.51 with 5,000 shares trading, Supreme Ventures dipped 23 cents with 57,000 units changing hands to close at $4.75. JMMB Group 7.50% preference share rose 1 cent in trading 377,528 units to close at $1.09 and Jamaica Money Market Brokers 7.50% preference share closed with 500,000 units changing hands for a 1 cent rise to $2.09.
At the close, the prices of 19 securities gained out of a total of 33 that traded, with 11 declining in the overall market, including 7 stocks rising and 2 falling, in the junior market.
Portland JSX closed at $11 with 15,450 shares changing hands, Radio Jamaica lost 2 cents to close at $1.40 after 84,764 shares changed hands, Sagicor Group traded 24,100 shares while rising 10 cents to close at $22.60, Sagicor Real Estate Fund traded 12,524 shares to close with a loss of 5 at $10.15. Scotia Group closed at $30 with 26,885 shares changing hands, Scotia Investments climbed 50 cents with 4,280 units changing hands at $26, Supreme Ventures gained 22 cents with 2,000 units changing hands to close at $4.98, Proven Investments traded 3,125 units to close at 19 US cents and JMMB Group 7.50% preference share lost 2 cents in trading 563,355 units to close at $1.08.
Investor’s Choice bid-offer indicator reading showed 14 stocks with bids higher than their last selling prices and 7 with lower offers, suggesting continued fluidity in price movements ahead.
Kingston Wharves fell 40 cents in trading 16,529 shares to close at $17,