
Jamaica Producers closed at $15.10, losing $2.80 & is down from a high of $22 earlier this year.
Trading levels in main market ended at 2,551,901 units valued at $30,836,774 compared to 14,630,432 units, valued at $92,049,016 at the close on Tuesday. Trading in the US dollar market accounted for 9,768 units valued at US$3,077.
The All Jamaica Composite Index climbed 744.89 points to close at 255,197.40 the JSE Market Index moved higher by 666.06 points to finish 232,566.36 and the JSE US dollar market index rose 9.57 points, to close at 235.54.
In market activity, three stocks that became highly over-priced recently, continue to retreat from their excessive pricing levels. There remain room for further downward adjustments as the PE ratios are still well ahead of the market average. In trading, Berger Paints gained 4 cents to close at $11.80 with 21,925 units changing hands, Cable and Wireless closed at $1.38, up 5 cents trading 1,398,114 units, Caribbean Cement advanced 15 cents to close at $36.15 with trades of 16,062 shares, Carreras closed lower at $74 for a loss of $1 while 4,105 units changing hands. 1834 Investments gained 25 cents to close at $1.80 with an exchange of 1,000 shares, Grace Kennedy closed at $41 trading 79,906 units, Jamaica Broilers lost 35 cents to close at $14.50 with an exchange of 17,849 shares, Jamaica Producers closed at $15.10, losing $2.80 with 26,987 units changing ownership, the price peaked at $22 previously. Jamaica Stock Exchange price rose to a high of $13.50 in February, closed at $10, losing 50 cents with 143,060 shares crossing the exchange ticker, JMMB Group climbed $1.49 to $21.49 with an exchange of 124,820 units, Kingston Wharves that hit a peak of $34 in January, slid $1.80 on Wednesday in closing at $28.20 while trading 10,504 units.
Mayberry Investments lost 2 cents to close at $5.30 with 173,148 shares changing hands. National Commercial Bank closed lower at $61.50 with a loss of 50 cents, after swapping 78,916 units, 138 Student Living closed at $4.60 trading 17,254 shares. Pan Jamaican closed trading lower at $38.50 with a loss of $1.50 while exchanging 42,799 shares, Pulse Investments closed at $6.80 with 10,200 shares changing hands, Radio Jamaica added 1 cent to close at $1.86 trading 31,741 units. Sagicor Group gained 20 cents to close at $37.30 with trades of 144,110 units while Sagicor Real Estate fund lost 55 cents, closing at $10.45 with an exchange of 13,650 units. Scotia Group closed at $40.50 having traded 38,867 shares, Scotia Investments closed lower at $38, losing $2 trading 113,463 units, Seprod traded 1,000 units at $38.55 with gains of $5.95, Supreme Ventures closed 10 cents higher at $5.60 with an exchange of 26,455 shares. Proven Investments closed with gains of 1.5 US cents to 31.5 US cents trading 9,768 ordinary shares, Jamaica Money Market Brokers 7.5% preference closed at $2.06 with trades of 3,466 shares and JMMB Group 7.5% preference closed at $1.05 trading 12,500 units.

Kingston Wharves slid $1, closing at $30 trading 3,910 units, Margaritaville Turks lost 1 US cent to close at 35 US cents with an exchange of 18,163 shares, Mayberry Investments lost 8 cents, closing at $5.32 with 18,223 shares changing hands, National Commercial Bank closed lower at $62, losing 80 cents, after swapping 42,384 units. Pan Jamaican closed trading at $40 with gains of 50 cents and an exchange of 35,650 shares, Portland JSX gained 5 cents to close at $11 trading just 240 units, Pulse Investments closed at $6.80 with 6,688 shares changing hands, Radio Jamaica lost 5 cents to close at $1.85 trading 272,339 units. Sagicor Group closed at $37.10, climbing $2.10 with trades of 62,195 units, Sagicor Real Estate fund lost 30 cents, to close at $11 with an exchange of 87,762 units. Scotia Group gained $1.50, closing higher at $40.50 having traded 27,020 shares, Scotia Investments closed at $40, with a fall of $1 while trading 5,825 units, Sterling Investments traded 5,000 shares at $16, for a gain of 35 cents, Supreme Ventures closed at $5.50 with an exchange of 209,312 shares. Proven Investments closed at 30 US cents trading 66,913 ordinary shares and JMMB Group 7.5% preference share fell 2 cents to close at $1.05 trading 501,812 units changing hands.

Pulse Investments closed at $6.80 with 417 shares changing hands, Radio Jamaica closed at $1.90 trading 10,707 units. Sagicor Group closed lower at $35, losing 20 cents with trades of 102,185 units, while Sagicor Real Estate fund lost 20 cents to close at $11.30 with an exchange of 7,249 units. Scotia Group was down 10 cents, closing at $39 having traded 233,584 shares, Scotia Investments closed at $41, adding 1 cent trading 150 units, Supreme Ventures closed at $5.50 with an exchange of 35,482 shares, Proven Investments closed at 30 US cents, losing 2 US cents trading 51,537 ordinary shares, Jamaica Money Market Broker 7.5% preference share closed at $2.06 with 23,497 units changing hands and JMMB Group 7.5% preference share closed at $1.07 with trades of 100,000 units.

National Commercial Bank closed lower at $61, losing $2, after swapping 37,151 shares. Pan Jamaican ended trading at $39 with a loss of $1.75 and an exchange of 284,952 shares, Portland JSX gained 2 cents to close at $10.55 with an exchange of 5,500 shares, Pulse Investments closed at $6.80 with a loss of 10 cents and 3,030 shares changing hands, Radio Jamaica closed at $1.90 trading 161,234 units. Sagicor Group closed at $35.20, losing 37 cents with trades of 45,746 units, after it hit an intraday high of $38, Sagicor Real Estate fund closed at $11.50 with an exchange of 8,058 units. Scotia Group lost 40 cents to close at $39.10 having traded 21,400 shares, Proven Investments closed at 32 US cents trading 233,119 ordinary shares and JMMB Group 7.5% preference share lost 2 cents with trades of 167,612 units, to close at $1.07.
Stocks mostly gained at the close of trading on the Jamaican Stock Exchange on Thursday as 51 securities changed hands in the overall market, ending with 21 stocks rising and 17 falling. At the close 7 stocks gained and 6 declined from the junior market as 3 securities ending at new 52 weeks’ closing highs.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 7 stocks with bids higher than their last selling prices and 5 with a lower offers.
Portland JSX gained 2 cents to close at $10.53 with an exchange of 4,000 shares. Pulse Investments closed at $6.90 with gains of 40 cents and 12,000 shares changing hands, Radio Jamaica lost 2 cents and closed at $1.90, trading 58,396 units, Sagicor Group climbed to a 52 weeks’ high of $35.57, gaining 57 cents with trades of 34,750 units, Sagicor Real Estate fund closed at $11.50 with an exchange of 45,615 units. Salada closed at $9.24 trading 2,990 shares, Scotia Group slid to $39.50 with a loss of $1.50 having traded 45,086 shares, Scotia Investments added 99 cents to close at $40.99 trading 11,500 shares. Supreme Ventures closed at $5.70, with trades of 92,605 units, Proven Investments closed at 32 US cents trading 355,925 ordinary shares and JMMB Group 7.5% preference share, lost 1 cent with trades of 178,840 units to close at $1.09.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 13 stocks with bids higher than their last selling prices and 2 with a lower offers.

IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 9 stocks with bids higher than their last selling prices and 1 with a lower offer.

At the close, 17,383,764 units valued at $129,272,080 changed hands, compared to 23,308,737 units valued at $169,240,005 changing hands on Friday. Of the stocks traded, the junior market accounted for 13,224,639 units valued at over $70,476,295.
JMMB Group gained 10 cents to close at $19.60 with 336,314 units traded. Kingston Wharves dropped $2 to close at $31.50 with trades of 7,065 units, Mayberry Investments gained 25 cents, closing at $5.75 with 54,645 shares changing hands, National Commercial Bank added 10 cents to close at $65, after swapping 26,583 shares. 138 Student Living traded 438,159 units at $4.50, Pan Jamaican ended trading at a 52 weeks’ high of $44, gaining $4 with an exchange of 35,183 shares. Radio Jamaica gained 2 cents and closed at $1.70 trading 345,833 units, Sagicor Group closed at $35.50 with trades of 34,157 units, Sagicor Real Estate fund closed at $11.50, gaining $1.50 with an exchange of 3,550 units, Scotia Group closed at $43.10, having traded 276,859 shares. Supreme Ventures closed at $5.70 with 625,973 shares traded and Proven Investments gained 2 US cents trading 389,057 ordinary shares to close at 32 US cents.
Major moves in the past week in the main market indices of the Jamaica Stock Exchange saw the market indices climbing sharply on three days, with more than 8,000 points on Thursday, more than 5,000 points move on Tuesday and one with over 2,300 points on Monday.
recorded gains during the week, with each hitting new 52 weeks’ highs.
Bulls pushed stocks higher on Friday, with the all market indices moving to new record highs on the Jamaica Stock Exchange with 56 securities changing hands in the overall market ending with 25 stocks rising and 13 falling.
The average trade for the day in the main market ended at 116,707 shares compared to an average of 200,657 units on Thursday. For the month to date, an average of 152,563 shares compared to an average of 188,419 units up to the prior trading day. January ended with an average of 592,602 units.