5 days of JSE declines end – Monday

The main market of the Jamaica Stock Exchange broke the 5 consecutive days of decline on Monday, with the market indices recording modest gains as 31 securities traded compared to 33 that changed hands on Friday.
The main and US markets traded a total of 33 securities, with prices of 11 rising, 15 declining with 7 remaining unchanged, compared to 36 securities trading on Friday.
At the close, the All Jamaican Composite Index gained 706.39 points to close at 401,354.81 and the SE Index advanced 642.91 points to 365,692.36.
Market activity ended with 7,589,172 units carrying a value of $145,956,290 compared to 4,205,246 units with a value of $112,762,089 on Friday.
Portland JSX led trading with 3,180,000 units for 41.90 percent of the day’s volume, followed by Grace Kennedy with 862,758 units accounting for 11.37 percent of the volume changing hands and 1834 Investments with 682,000 units and 9 percent of the day’s volume
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 14 stocks ending with bids higher than their last selling prices and 2 closing with lower offers.
An average of 244,812 units valued at over $4,708,267 traded, in contrast to 127,432 units valued at over $3,417,033 on Friday. The average volume and value for the month to date amounts 97,469 units valued at $2,670,351 compared to 89,414 units valued at $2,552,924, 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 gained 61 cents to end at $51.75, trading 46,940 stock units, Berger Paints rose 80 cents and ended trading at $19.80, with 3,071 stock units changing hands, Carreras lost 26 cents and concluded trading at $9.22, with 36,418 units, Caribbean Cement gained 20 cents and finished the trading of 678,084 shares at $41.20. Grace Kennedy lost 95 cents trading 862,758 stock units to close at $58.05, Jamaica Producers shed $1.20 and closed at $21.80, with 1,767 shares changing hands, JMMB Group rose 70 cents to close at $32.50 trading of 13,153 shares. Kingston Wharves lost $1 and settled at $69, with 15,416 units changing hands, 138 Student Living finished trading 511,594 shares with a fall of 9 cents to a 52 weeks’ closing low of $2, after falling to an all-time low of $1.60 earlier, Salada Foods dropped $2 to settle at $35, in trading of 3,900 shares. Scotia Group lost 50 cents to end trading of 24,561 shares to close at $51.50, Seprod lost 64 cents to end at $32.35 with an exchange of 382,779 shares. Sterling Investments rose 40 cents and ended at $4, with 7,632 shares trading, Supreme Ventures rose 50 cents and concluded trading of 76,609 stock units, at $18.50 and Sygnus Credit Investments Jamaica dollar denominated shares traded 34,667 units with a fall of $1.11 to close at $10.10.
Trading in the US dollar market resulted in 113,540 shares valued US$34,627, changing hands. JMMB Group 5.75% preference share rose 6 cents and ended trading at $2.06 with 5,900 units and Proven Investments concluded trading of 107,640 units at 21 US cents. The JSE USD Equities Index declined by 1.90 points to close at 164.43.

5 days of decline for JSE stocks – Friday

The main market of the Jamaica Stock Exchange declined for the 5th consecutive day on Friday, resulted from trading in 36 securities, with prices of 14 rising, 8 declining with 14 remaining unchanged, compared to 33 securities trading on Thursday.
At the close, the All Jamaican Composite Index dropped 1,100.92 points to close at 400,648.42 and the JSE Index declined 1,001.98 points to close at 365,049.45.
Market activity ended with 4,205,246 units valued at $112,762,089 compared to 3,414,505 units valued at $114,286,621 on Thursday.
Jamaica Producers led trading with 589,831 units for 14 percent of the day’s volume, followed by JMMB Group 7.5% preference share with 505,000 units accounting for 12 percent of the volume changing hands and Jamaica Broilers with 496,872 shares and 12 percent of the day’s volume.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 12 stocks ending with bids higher than their last selling prices and 4 closing with lower offers.
An average of 127,432 units valued at over $3,417,033 traded, in contrast to 113,817 shares valued at $3,809,554 on Thursday. The average volume and value for the month to date amounts 89,414 units valued at $2,552,924 compared to 87,064 units valued at $2,496,458, 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 fell 61 cents to end at $51.14, trading 49,847 stock units, Carreras rose 38 cents and concluded trading at $9.48, with 113,299 units, Caribbean Cement gained $1 and finished the trading of 2,150 shares at $41, Grace Kennedy gained $1 trading 106,468 stock units to close at $59. Jamaica Broilers lost 30 cents and finished trading 496,872 units, at $28.60, Jamaica Producers gained $1 and closed at $23, with 589,831 shares changing hands, Jamaica Stock Exchange rose 70 cents to finish at $12, in trading 1,230 stock units, JMMB Group concluded trading of 68,754 shares with the fall of $1.09 to close at $32.89. 138 Student Living finished trading 431,300 shares with a fall of 6 cents to close at 52 weeks’ low of $2.09, Sagicor Group gained 69 cents to settle at $38.70, in trading of 102,778 shares, Sagicor Real Estate Fund fell 39 cents and ended trading of 10,498 shares at $10.11. Scotia Group shed $1 and ended trading of 325,741 shares to close at $52, Seprod gained 50 cents to end at $32.99 with an exchange of 71,158 shares, Supreme Ventures lost 49 cents and concluded trading with 88,060 stock units, at $18.50 and Wisynco Group climbed 65 cents and finished at $10.40, trading 74,485 units.
Trading in the US dollar market resulted in 279,385 shares valued US$60,331, changing hands. JMMB Group 6% preference share rose 2 cents and ended trading at $1.07 with 11,139 units, Margaritaville ended trading of 246,475 shares at 24 US cents and Sygnus Credit Investments rose 1 cent and concluded trading of 137,981 units at 9 US cents. The JSE USD Equities Index gained 0.64 points to close at 166.33.

More decline for JSE main market – Thursday

Main market stocks in serious test of major resistance that not likely to last.

Trading on the main and US dollar markets on the Jamaica Stock Exchange on Thursday resulted in 33 securities changing hands, with prices of 10 rising, 12 declining with 11 remaining unchanged, compared to 33 securities trading on Tuesday.
In spite of the 2 to 1 advance decline ratio, the All Jamaican Composite Index dropped 1,022.74 points to 401,749.34 and the JSE Index declined 930.83 points to close at 366,051.43.
Market activity ended with 3,414,505 units valued at $114,286,621 compared to 2,377,501 units valued at $106,372,860, changing hands, on Wednesday.
Kingston Wharves led trading with just 449,369 units for 19 percent of the day’s volume, followed by Carreras with 300,715 units accounting for 12.7 percent of the volume changing hands and NCB Financial with 296,945 shares and 12.5 percent of the day’s volume.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 9 stocks ending with bids higher than their last selling prices and 6 closing with lower offers.
An average of 113,817 units valued at an average of $3,809,554, in contrast to 81,983 units valued at over $3,668,030 on Wednesday. The average volume and value for the month to date amounts 87,064 units valued at $2,496,458 compared to 85,472 units valued at $2,413,525, 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 25 cents to end at $51.75, with the trading of 14,551 stock units, Berger Paints dropped 50 cents trading 52,219 shares, to close at $19, Grace Kennedy lost 75 cents trading 53,826 stock units to close at $58, Jamaica Broilers rose 42 cents and finished trading 10,894 units at $28.90. Jamaica Stock Exchange rose 44 cents to finish at $11.30, in trading 121,545 stock units, JMMB Group concluded trading of 43,204 shares at $32.89, with a gain of 89 cents, NCB Financial Group traded 260,549 shares and gained 40 cents in closing at $145. 138 Student Living finished trading 1,800 shares with a fall of 35 cents to close at 52 weeks’ low of $2.15, PanJam Investment shed 50 cents to close at $71, with 14,375 units changing hands. Proven Investments rose 50 cents trading 1,247,480 shares in the Jamaica market to close at $26.50. Sagicor Group dropped 99 cents to settle at $38.01, in trading of 22,017 shares, Scotia Group gained $1 and ended trading of 241,887 shares to close at $53, Seprod gained $1.06 to end at $32.49 with an exchange of 46,102 shares and Wisynco Group lost 35 cents and finished at $9.75, trading 823,036 units.
Trading in the US dollar market resulted in 279,385 shares valued US$60,331, changing hands. Margaritaville gained 2 cents to complete trading of 17,985 shares at 24 US cents, Proven Investments lost 1 cent in trading 260,900 shares to close at 21 US cents and Sygnus Credit Investments concluded trading of 500 units at 8 US cents. The JSE USD Equities Index declined 1.36 points to close at 165.69.

Twice as many JSE stocks rise than fall – Wednesday

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Trading on the main and US dollar markets on the Jamaica Stock Exchange on Wednesday resulted in 32 securities changing hands, with prices of 17 rising, 8 declining with 7 remaining unchanged, compared to 35 securities trading on Tuesday.
In spite of the 2 to 1 advance decline ratio, the All Jamaican Composite Index dropped 3,201.65 points to 402,772.08 and the JSE Index declined 2,913.92 points to close at 366,982.26.
Market activity ended with 2,377,501 units valued at $106,372,860 compared to 2,311,810 units valued at $51,353,169, changing hands, on Tuesday.
Kingston Wharves led trading with just 449,369 units for 19 percent of the day’s volume, followed by Carreras with 300,715 units accounting for 12.7 percent of the volume changing hands and NCB Financial with 296,945shares and 12.5 percent of the day’s volume.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ending with the reading showing 12 stocks ending with bids higher than their last selling prices and 3 closing with lower offers.
An average of 81,983 units valued at over $3,668,030, in contrast to 67,994 units valued at over $1,510,387 on Tuesday. The average volume and value for the month to date amounts 85,472 units valued at $2,413,525 compared to 85,685 units valued at $2,331,954, 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 by 50 cents to end at $51.50, with the trading of 51,266 stock units, Caribbean Cement dropped $2 trading 13,322 shares, to close at $40, Grace Kennedy recovered the $2.65 it lost on Tuesday, in trading 88,657 stock units to close at $58.75. Jamaica Broilers rose 42 cents and finished trading 34,548 units at $28.48, JMMB Group concluded trading of 106,866 shares at $32, with a gain of 97 cents, Kingston Wharves dropped $5 to finish at $70, in trading 449,369 stock units, NCB Financial Group traded 296,945 shares and lost 40 cents in closing at $144.60. 138 Student Living finished the trading of 229,350 shares with a fall of 30 cents to close at 52 weeks’ low of $2.50,  PanJam Investment shed 50 cents to close at $71, with 14,375 units changing hands. Sagicor Group regained 99 cents to settle at $39, in trading of 89,867 shares, Sagicor Real Estate Fund gained 49 cents ended trading of 15,340 shares at $10.60, Salada Foods jumped $2 to a new high in trading 100 shares to close at $37. Seprod gained 23 cents and ended at $31.43 with an exchange of 50,639 shares and Wisynco Group rose 30 cents and finished at $10.10, trading 237,151 units.
Trading in the US dollar market resulted in 35,244 shares changing hands. JMMB concluded trading of 12,133 units at US$1.05, Margaritaville ended trading and increased by 2 cents to complete trading of 275 shares at 22 US cents and Proven Investments rose 0.01 cent having traded 22,836 shares to close at 22 US cents. The JSE USD Equities Index gained 1.20 points to close at 167.05.

Trading down on main market – Tuesday

Main market volume contracts.

The number of securities rose but the volume and valued fell well below Monday’s levels, in trading on the Jamaica Stock Exchange on Tuesday.
The main and US dollar markets, had 35 securities changing hands, with prices of 6 rising, 16 declining with 13 remaining unchanged, compared to 33 securities trading on Monday. At the close, the All Jamaican Composite Index fell 66.59 points to close at 405,973.73 and the JSE Index declined by 60.60 points to 369,896.18.
Market activity ended with 2,311,810 units valued at over $51,353,169 compared to 4,336,558 units valued at $78,388,229, changing hands, on Monday. Stanley Motta led trading with just 284,016 units for 12 percent of the day’s volume, followed by 138 Student Living with 211,874 units accounting for 9 percent of the volume changing hands and Kingston Properties  with 194,545 shares and 8.4 percent of the day’s volume.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator  reading shows 12 stocks ending with bids higher than their last selling prices and 3 closing with lower offers.
An average of 67,994 units valued at over $1,510,387, in contrast to 144,552 shares valued at $2,612,941 on Monday. The average volume and value for the month to date amounts 85,685 units valued at $2,331,954 compared to 87,049 units valued at $2,399,754, 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, Berger Paints rose by $2 to end at $19.50, with the trading of 1,000 stock units, Caribbean Cement gained $2 trading 11,935 shares, to close at $42, Grace Kennedy lost $2.65 in trading 31,030 stock units to close at $56.10, Jamaica Broilers lost 94 cents and finished trading 78,704 units at $28.06. JMMB Group concluded trading of 77,772 shares at $31.03, with a fall of 97 cents, Kingston Properties  lost 50 cents and finished at $6, in trading 194,545 stock units, 138 Student Living finished trading 211,874  shares with a fall of 75 cents to close at 52 weeks’ low of $2.80.  PanJam Investment  shed 50 cents to close at $71, with 14,375 units changing hands.  Sagicor Group  fell 99 cents to settle at $38.01, in trading of 5,452 shares, Scotia Group traded 12,745 shares after losing 50 cents to close at $51.90. Seprod gained 40 cents and ended at $31.20 with an exchange of 29,427 shares and Supreme Ventures lost $1 in concluding trading of 135,592 stock units at $19.
Trading in the US dollar market resulted in Sygnus Credit Investments trading 18,161 shares at 8 US cents. The JSE USD Equities Index fell by 0.12 points to close at 165.85.

Drop for JSE main market – Monday

Trading on the Jamaica Stock Exchange on Monday, resulted in another day of decline in the two main market indices, but the volume and value of stocks trading, dropped sharply than the elvesl on Friday.
At the close, the All Jamaican Composite Index fell 1,946.42 points to close at 406,040.32 and the JSE Index declined by 1,771.50 points to 369,956.78.
The main and US dollar markets, had 33 securities changing hands, with prices of 9 rising, 15 declining with 9 remaining unchanged, compared to 30 securities trading on Friday.
Market activity ended with 4,336,558 units valued at $78,388,229 compared to 6,892,345 units valued at $205,088,843, changing hands, on Friday.
Radio Jamaica led trading with 1,783,056 units for 41 percent of the day’s volume, followed by Pulse Investments with 699,604 units accounting for 16 percent of the volume changing hands and Sagicor Real Estate Fund with 306,096 units and 7 percent of the day’s volume.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 18 stocks ending with bids higher than their last selling prices and 2 closing with lower offers.
An average of 144,552 units valued at over $2,612,941, in contrast to 246,155 shares valued at $7,324,602 on Friday. The average volume and value for the month to date amounts 87,049 units valued at $2,399,754 compared to 82,851 units valued at $2,383,011, 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, Berger Paints lost $2.50 and ended at $17.50, with the trading of 10,398 stock units, Caribbean Cement dropped $7 trading 10,398 shares, to close at $40, Grace Kennedy rose 25 cents in trading 37,686 shares at $58.75, Jamaica Producers lost 80 cents and closed at $22.20, with 57,504 shares changing hands. NCB Financial Group gained $1 trading 243,064 shares to close at $145, PanJam Investment shed 50 cents to close at $71.50, with 110,315 units changing hands. Sagicor Group fell 99 cents to settle at $39, in trading of 80,640 shares, Sagicor Real Estate Fund fell 49 cents to settle at $10.11, in trading of 80,640 shares,Scotia Group traded 124,455 shares after gaining 39 cents to close at $52.40. Seprod fell 70 cents and ended at $30.80 with an exchange of 41,125 shares and Wisynco Group lost 45 cents and concluded trading at $9.75, with 64,698 stock units changing hands.
Trading in the US dollar market resulted in 68,991 units valued at over $14,240. JMMB Group 6% preference share settled at US$1.05 with 7,627 shares trading, Proven Investments  traded 52,308 stock units at 21.9 US cents and Sygnus Credit Investments rose 0.05 cent and ended at 8 US cents trading 52,308 shares. The JSE USD Equities Index advanced by 0.12 points to close at 165.97.

Gain for JSE main market – Friday

Trading on the Jamaica Stock Exchange on Friday, resulted in another day of moderate fall in the two main indices, but market volume and value increased over that of Thursday.
At the close, the All Jamaican Composite Index advanced by 676.83 points to close at 407,986.74 and the JSE Index gained 616.01 points to close at 371,728.28.
Market activity ended with 6,892,345 units valued at over $205,088,843 compared to 5,588,296 units valued at $115,025,442, changing hands, on Thursday.
JMMB Group led trading with 5,243,381 units for 76 percent of the day’s volume, followed by Carreras with just 228,309 units accounting for 3 percent of the volume changing hands and Sagicor Group with 219,490 units and 3 percent of the day’s volume.
The main and US dollar markets, had 30 securities changing hands, with prices of 10 rising, 8 declining with 12 remaining unchanged, compared to 36 securities trading on Thursday.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator suggest that the market could enjoy strong gains on Friday with the reading showing 13 stocks ending with bids higher than their last selling prices and 3 closing with lower offers.
An average of 246,155 units valued at over $7,324,602, in contrast to 169,342 units valued at $3,485,619 on Thursday. The average volume and value for the month to date amounts 82,851 units valued at $2,383,011compared to 70,913 units valued at $1,992,151, 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, Caribbean Cement jumped $7 trading 1,350 shares to close at $47, Eppley shed $1 and settled at $9, trading 6,000 shares, Grace Kennedy rose $2.40 in trading 86,346 shares at $58.50, JMMB Group concluded trading of 5,243,381 shares and climbed $3 to close at $32. Kingston Properties added 30 cents to finish at $6.50, with 2,298 stock units, NCB Financial Group gained 25 cents trading 105,761shares to close at $143.75,  PanJam Investment  gained 50 cents to close at $72, with 47,027 units changing hands.  Sagicor Group  rose 99 cents to settle at $39.99, in trading of 219,490 shares, Scotia Group  traded 87,037 shares after falling $2.99 to close at $52.01. Seprod rose 50 cents and ended at $31.50 with an exchange of 37,708 shares and Sygnus Credit Investments lost 80 cents and concluded trading at $11.20, with 37,800 stock units changing hands.
Trading in the US dollar market resulted in 37,600 units valued at $19,616. JMMB Group 5.75% preference share settled at US$2 with 8,650 shares trading and Sygnus Credit Investments ended at 7.5 US cents trading 24,274 shares. The JSE USD Equities Index declined by 0.02 points to close at 165.85.

Fall again for JSE main market – Thursday

Trading on the Jamaica Stock Exchange on Thursday, resulted in another day of moderate fall in the two main indices, but market volume and value increased over that of Wednesday.
At the close, the All Jamaican Composite Index dropped 1,118.62 points to close at 407,309.91 and the JSE Index declining by 1,018.09 points to end at 371,112.27.
Market activity ended with 5,588,296 units valued at $115,025,442 compared to 2,621,751 units valued at $79,656,335 changing hands, on Wednesday.
JMMB Group led trading with 2,084,124 units for 37 percent of the day’s volume, followed by Pulse Investments with 986,375 units accounting for 17.7 percent of the volume changing hands and JMMB Group 7.50% with 400,000 units and 7 percent of the day’s volume.
The main and US dollar markets, had 36 securities changing hands, with prices of 13 rising, 10 declining with 13 remaining unchanged, compared to the same number of securities trading on Wednesday.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator suggest that the market could enjoy strong gains on Thursday with the reading showing 8 stocks ending with bids higher than their last selling prices and 5 closing with lower offers.
An average of 169,342 units valued at $3,485,619, in contrast to 79,768 units valued at over $1,781,160 on Wednesday. The average volume and value for the month to date amounts 70,913 units valued at $1,992,151 compared to 61,632 units valued at $1,838,617, 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 to close at $51, trading 15,748 shares, Caribbean Cement finished trading 29,100 shares to close at $40, Eppley added $1 and settled at $10, with 5,848 shares trading, Grace Kennedy fell $2.90 in trading 23,247 shares at $56.10, Jamaica Broilers traded 56,842 stock units and rose $1 to $29. JMMB Group concluded trading of 2,084,124 shares but lost $3 to close at $29, Kingston Properties shed 30 cents to finish at $6.20, with 350 stock units, NCB Financial Group lost $1.25 in trading 138,873 shares to close at $143.75, PanJam Investment gained 50 cents to close at $71,50, with 24,178 units changing hands. Pulse Investments rose 34 cents and concluded trading of 986,375 shares at $3.50, Sagicor Group fell 90 cents to settle at $39, in trading of 17,250 shares, Sagicor Real Estate Fund ended trading rose 48 cents trading 13,000 shares to close at $10.60, Scotia Group traded 99,524 shares after rising $1.01 to close at $55. Sterling Investments lost 36 cents and ended at $3.70, with an exchange of 38,070 shares and Supreme Ventures rose 50 cents and concluded trading at $20, with 119,504 stock units changing hands.
Trading in the US dollar market resulted in 32,240 units valued at $12,360 units. Preference share, JMMB Group 5.75% settled at US$2 with 4,867 shares trading. Proven Investments ended trading of 3,099 units at 21.9 US cents Sygnus Credit Investments fell 0.015 cent to end at 0.75 US cents trading 24,274 shares. The JSE USD Equities Index declined by 0.83 points to close at 165.87.

Moderate JSE main market trading – Wednesday

Main market volume contracts.

Trading on the Jamaica Stock Exchange on Wednesday, resulted in moderate fall in the two main indices, in contrast to much heavier fall on Tuesday as volume declined with the number of stocks trading, remaining high.
At the close, the All Jamaican Composite Index dropped 699.43 points to close at 408,428.53 and the JSE Index declined by 636.58 points to close at 372,130.36.
Market activity ended with 2,621,751 units valued at $79,656,335 changing hands, compared 2,621,751 units valued at $79,656,335 on Tuesday.
Mayberry Investments led trading with 1,160,774 units for 44 percent of the day’s volume, followed by Radio Jamaica with 254,622 units accounting for 9.7 percent of the volume changing hands and NCB Financial with 183,388 units and 7 percent of the day’s volume.
The main and US dollar markets, had 36 securities changing hands, with prices of 13 rising, 11 declining with 12 remaining unchanged, compared to 36 securities trading on Tuesday.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator suggest that the market could enjoy strong gains on Wednesday with the reading showing 11 stocks ending with bids higher than their last selling prices and 3 closing with lower offers.
An average of 79,768 units valued at over $1,781,160, in contrast to 79,447 units valued at $2,413,828 on Tuesday. The average volume and value for the month to date amounts to 61,632 units valued at $1,838,617 compared to 59,744 units valued at $1,845,200, 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 to close at $50, in trading 5,246 shares, Eppley fell $1 and settled at $9, with 10,743 shares trading, Grace Kennedy climbed $2.97 in trading 56,340 shares at $59, Jamaica Broilers traded 38,148 stock units and rose by $1 to $28. Jamaica Producers added $2 to close at $23, with 7,643 shares changing hands, Kingston Properties gained 50 cents to finish at $6.50, with 500 stock units, Kingston Wharves settled at $75.00, with 51,245 units trading, PanJam Investment ended with a rise of $1 to $71, with 49,064 units changing hands. Pulse Investments rose 46 cents and concluded trading of 57,033 shares at $3.16, Sagicor Group rose by 40 cents to settle at $39.90, in trading of 51,905 shares, Scotia Group  traded 7,695 shares after rising $1.49 to close at $53.99. Sterling Investments  lost 44 cents and ended at $4.06, with an exchange of 70,711 shares, Sygnus Credit Investments traded 68,982 shares and gained 60 cent to close at $12 and Victoria Mutual Investments  rose 44 cents and concluded trading 39,128 stock units at $3.94.
Trading in the US dollar market resulted in 14,573 units valued at $16,488 units. Preference share, Eppley 5% ended at 98 US cents trading 6,100 shares and JMMB Group 5.75% settled at US$2 with 4,860 shares. Proven Investments rose by a cent and ended trading of 3,613 units at 22 US cents. The JSE USD Equities Index rose 4.36 points to close at 166.70.

 

Sharp fall for JSE main market – Tuesday

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.