Trading in the main market of the Jamaica Stock Exchange closed on Tuesday with more stocks declining than rising leading to a second straight days of decline in the market indices. At the close the All Jamaica Composite Index declined 620.51 points to 262,154.53, the JSE Market Index fell 565.35 points to 238,852.47 and the JSE US dollar market index lost 1.08 points to 214.46.
Trading ended with 28 securities changing hands with 1 trading in the US dollar market, leading to 10 stocks advancing and 13 declining. Trading in the main market ended with 1,999,970 units valued at just $31,629,345 changing hands compared to 1,059,661 units valued at a mere $8,670,794 at the close on Monday. Trading in the US dollar market accounted for 52,647 units valued at US$14,909.
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 3 with lower offers.
The main market ended trading with an average of 74,073 units valued at a mere $1,171,457 for every security traded compared to an average of 36,540 units valued at a mere $298,993 on Monday. The average volume and value for the month to date ended at 91,837 units with an average value of $1,882,908 compared with an average of 97,758 units with an average value of $2,120,059 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 gains of 75 cents exchanging 131,922 shares, Cable and Wireless lost 5 cents to close at $1.25 trading 23,220 stock units, Caribbean Cement traded 9,754 shares at $29, Carreras added 1 cent, in closing at $84.01, with 2,961 shares changing hands, Grace Kennedy closed at $42.95, losing 5 cents trading 9,185 units, Jamaica Broilers traded 46 cents lower to close at $17.50, with 83,176 shares being exchanged, Jamaica Producers gained 10 cents to close at $16.10, with 76,301 units changing hands. Jamaica Stock Exchange closed at $7.10, with a loss of 29 cents trading 7,200 shares, JMMB Group traded 132,068 units at $20.88, with gains of 38 cents, Kingston Wharves lost 60 cents, in closing at $31.40, while exchanging 3,034 shares, Mayberry Investments gained 29 cents to close at $4.99, trading 11,005 shares, NCB Financial Group closed at $70.80, gaining 25 cents after exchanging 94,931 shares, 1834 Investments lost 7 cents to close at $1.43 trading 7,000 shares. Palace Amusement soared to an all-time high of $340, gaining $110 with just 103 shares traded, PanJam Investment closed at $34.70, with a loss of 30 cents, trading 131,937 shares, Portland JSX closed at $10.15, with 1,000 shares changing hands, Pulse Investments traded $1.50 lower to close at $14.50, with 24,000 shares exchanged, Radio Jamaica lost 5 cents to close at $1.65 in trading 553,296 shares, Sagicor Group added 55 cents to close at $34.80, with an exchange of 11,800 shares while Sagicor Real Estate Fund lost 50 cents to close at $11, with 22,715 shares changing hands. Salada Foodsadded 95 cents, closing at 52 weeks’ high of $10, with 2,000 shares. Scotia Group fell 30 cents, closing at $43.50 exchanging 96,431 units, Scotia Investments traded $1.35 higher to close at $37.85, with 20,165 shares, Seprod closed at $29.90, trading 17,520 shares while Supreme Ventures lost 9 cents to close at $7.40 exchanging 524,816 shares. Proven Investments traded down marginally with 52,647 ordinary shares at 28.29 US cents, Jamaica Money Market Brokers 7.5% preference share closed at $2 with trades of 1,492 units and JMMB Group 7.5% preference share closed at $1.15 exchanging 938 units.
JSE main market falls Thursday
The main market of the Jamaica Stock Exchange fell moderately at the closed on Thursday for the first time since for the week with 23 securities changing hands including 3 trading in the US dollar market. At the close, 4 stocks advanced and 8 declined with 2 trading a new highs.
Trading levels in the main market ended at 2,282,207 units valued at $48,598,384 compared to 1,782,575 units valued at $37,905,161 at the close on Wednesday. Trading in the US dollar market accounted for 108,650 units valued at US$35,680.
The All Jamaica Composite Index declined 681.28 points to close at 261,777.44, the JSE Market Index fell 620.72 points to finish at 238,508.90 and the JSE US dollar market index lost 0.59 points to close at 215.09.
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 9 stocks with bids higher than their last selling prices and 1 with a lower offer.
The main market ended trading with an average of 111,569 units valued at $2,429,919 for each security traded, compared to an average of 66,021 units valued at $1,403,895 on Wednesday. The average volume and value for May ended at 358,008 units with an average value of $9,037,303.
In market activity, Cable and Wireless closed at $1.30, with a loss of 4 cents trading 188,217 shares and Caribbean Cement traded 22,002 shares at $29.99. Carreras gained $2 and closed at a 52 weeks’ high of $85, with 13,835 shares changing hands, Grace Kennedy traded 101,889 units at $41, Jamaica Broilers exchanged 10,043 shares at $18, Jamaica Producers traded 29 cents lower to close at $16.70, with 16,329 shares trading. JMMB Group exchanged 157,515 units at $20, Kingston Wharves gained 40 cents to close at $32, with 3,808 shares changing hands, Mayberry Investments traded 11,000 shares at $4.80, NCB Financial Group closed at $71, after exchanging 50,828 shares, 138 Student Living exchanged 10,000 shares at $4.49. PanJam Investment closed at $34.50, with a loss of 40 cents, trading 23,010 shares, Pulse Investments climbed to a 52 weeks’ high of $18, with gains of $3.50 in trading 33,829 shares, Sagicor Group gained 60 cents to close at $34.60, with an exchange of 144,126 shares, Sagicor Real Estate Fund closed at $10.68, after losing 32 cents with 431,727 units changing hands. Scotia Group closed at $43.99, with a loss of $1.01 in trading 103,901 units, Scotia Investments traded 1,998 shares at $37.85, Seprod exchanged 554,950 shares at $30, Sterling Investments closed at $15.50, with 1,500 shares changing owners, while Supreme Ventures lost 50 cents to close at $7 trading 401,700 shares. Margaritaville Turks closed at 34 US cents exchanging 11,000 units, Proven Investments closed at 28.49 US cents, with an exchange of 92,650 ordinary shares and JMMB Group USD 6% preference share lost 0.01 US cent, closing at US$1.12 with 5,000 units changing hands.
JSE main market retreats on Wednesday
Trading in the main market of the Jamaica Stock Exchange closed on Wednesday with 26 securities changing hands with 1 trading in the US dollar market. At the close, 8 stocks advanced and 12 declined.
Trading levels in the main market ended at 1,213,938 units valued at $26,942,858 compared to 2,049,349 units valued at $29,749,255 at the close on Monday. Trading in the US dollar market accounted for 8,950 units valued at US$2,551.
The All Jamaica Composite Index declined 1252.85 points to close at 258,351.92 the JSE Market Index dropped 1,141.49 points to finish at 235,387.85 and the JSE US dollar market index advanced 11.73 points to close at 217.92.
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 46,690 units valued at $1,036,264 per security traded, compared to an average of 81,974 units valued at $1,189,970 on Monday. The average volume and value for the month to date ended at 426,916 units with an average value of $5,892,603 compared with an average of 450,680 units and $6,196,124 on the previous trading day. The average volume and value for April ended at 382,748 units with an average value of $5,254,387.
In market activity, Berger Paints traded 9,963 shares at $19, Cable and Wireless closed at $1.35, with a loss of 2 cents exchanging 21,085 shares and Caribbean Cement traded 50 cents higher to close at $28.50 with trades of 84,386 units. Carreras exchanged 7,452 shares at $83, Grace Kennedy closed at $43, gaining 1 cent with trades of 55,130 units, Jamaica Broilers closed at $19.50, with gains of 95 cents, after 42,750 shares changed hands, Jamaica Producers gained 1 cent to close at $16, with an exchange of 38,937 shares and Jamaica Stock Exchange lost 4 cents to close at $7.50 trading 3,917 shares. JMMB Group closed at $19.99, losing 2 cents with trades of 20,721 units, Kingston Properties traded for the first time after last week’s 2 for 1 stock split and jumped $1.70 to close at a new record high of $10 exchanging 7,820 shares, Kingston Wharves fell $2.10 to close at $29.40, with an exchange of 11,200 units, Mayberry Investments gained $1.12 to close at $5.30, with 200 shares changing hands, NCB Financial Group closed at $71.50, losing 50 cents after trading 13,881 shares, 1834 Investments gained 1 cent to close at $1.46, with trades of 2,800 shares, 138 Student Living exchanged 32,606 shares at $4.49, PanJam Investment closed at $35.50, with a loss of 11 cents exchanging 14,745 shares. Radio Jamaica closed at $1.72, gaining 7 cents trading 10,616 shares, Sagicor Group closed at $32.50 with trades of 431,201 shares, Sagicor Real Estate fund closed at $10.65, losing 64 cents exchanging 10,599 units, Scotia Group closed at $42.10, with a loss of $1.20 trading 28,989 units, Scotia Investments traded 5,193 shares at $37.50, after losing 35 cents, Seprod dropped $4 to close at $30 exchanging 27,802 shares, strong>Sterling Investments traded 10,400 shares at $16.90 and Supreme Ventures lost 49 cents to close at $7, with trades of 75,850 shares. Proven Investments closed at 29 US cents trading 8,950 ordinary shares and JMMB Group 7.50% preference closed at $1.10 with trades of 243,195 units.