JSE closed down but most stocks rise

Trading on the main market of the Jamaica Stock Exchange ended on Friday with advancing stocks outnumbering declining ones two to one but the market indices ended down.
At the close of trading, 37 securities changed hands in the main and US dollar markets with 19 advancing, 10 declining and 8 traded firm. The JSE All Jamaican Composite Index lost 257.65 points to close at 564,991.17, the JSE Index dipped 287.95 points to 514,143.38 and the JSE Financial Index closed down 0.42 points at 140.19.
Market activity ended with 36 securities trading and leading to 32,896,372 units valued at $273,937,492 crossing the exchange, in contrast to 127,989,935 units valued at $1,190,939,292 from 36 securities on Thursday.
Wigton Windfarm dominated trading with 18.4 million shares for 56 percent of total volume, followed by Carreras with 8.1 million units accounting for 25 percent of the day’s trade, Sagicor Select Funds with 2.4 million shares for 7 percent of the market’s trade.
The Market closed with an average of 913,788 units valued at an average of 7,609,375 for each security traded, in contrast to 3,555,276 units valued at an average of $33,081,647 on Thursday. The average volume and value for the month to date amounts to 1,101,922 units valued at $9,772,487 and previously an average of 1,115,047 units valued at $9,934,383 for each security traded. The market closed out August with an average of 1,743,431 units valued at $9,907,963 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ended with bids higher than their last selling prices and 5 with lower offers.
In main market activity, Barita Investments advanced $2.35 to settle at $73 with 2,590 units traded, Carib Cement exchanged 10,028 units, adding 99 cents to close at $80.99, Eppley Caribbean Property dropped $1 to end at an all-time low of $35, after trading 310 shares, Eppley gained 80 cents with 1,125 shares changing hands to end at $14. Jamaica Broilers ended at $35 after climbing 50 cents with 1,146,446 shares changing hands, Jamaica Producers advanced $1.25, in settling at $25 with 6,800 shares traded, JMMB Group lost 99 cents, ending the day at $46 after exchanging 67,792 shares, Kingston Wharves closed $1 lower at $60 in trading 16,500 shares. NCB Financial advanced 90 cents to settle at $214.90 with 203,395 units traded, PanJam Investment gained 50 cents in ending at $102.50 after exchanging 15,009 shares, Proven Investments lost 50 cents and ending the day’s trade at $37 with 5,940 shares changing hands. Salada Foods climbed $2 to $32, after exchanging 60,276 shares, Scotia Group gained 50 cents to end at $57.50 with trades of 77,639 shares, Seprod advanced $2.59 to settle at $56.10 with 4,900 units changing hands. Supreme Ventures gained 40 cents to end at $28 exchanging 349,173 shares, Sygnus Credit Investments lost 90 cents after trading 13,267 to settle at $23.10 and Victoria Mutual Investments added 50 cents after 401,515 units changed hands to close at $8.
Trading in the US dollar market ended with 53,681 units valued at US$13,759 with the market index slipping 0.64 points to close at 196.88 as Proven Investments the sole trade closing at 26 US cents.

JSE main market slips again

The Jamaica Stock Exchange ended with 12 securities rising, 13 with losses and 13 traded firm as 38 securities traded on Wednesday, compared to 34 stocks trading on Tuesday.
The market closed with the JSE All Jamaican Composite Index declining 11,780.29 points to close at 562,335.23, the JSE Index dropped 1,615.40 points to 511,824.86 and the JSE Financial Index lost 0.57 points to close at 139.57.
Market activity ended with 36,372,802 units valued at over $343,567,278, in contrast to 39,479,470 units valued at $797,391,912 on Tuesday.
Wigton Windfarm led trading with over 22 million shares for 60.5 percent of total volume, followed by Supreme Ventures with 6.8 million units accounting for 19 percent of the day’s trade and Sagicor Select Fund with over 3.6 million shares for 10 percent of the main market’s volume.
The Market closed with an average of 1,102,206 units valued at an average of $10,411,130 for each security traded, in contrast to 1,161,161 units valued at an average of $23,452,703 on Tuesday. The average volume and value for the month to date amounts to 932,030 units valued at $8,061,795 and previously an average of 919,467 units valued at $7,873,621for each security traded. The market closed out August with an average of 1,743,431 units valued at $9,907,963 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 9 stocks ended with bids higher than their last selling prices and 4 with lower offers.
In main market activity, Barita Investments dropped $3.15 to settle at $70.65 with 6,700 shares changing hands, Berger Paints gained 90 cents after trading 26,606 shares to close at $19, Caribbean Cement added $3.19 to end at $80, after trading 43,373 stock units. Jamaica Broilers gained $1.55 to settle at $34 with 95,461 shares changing hands, Jamaica Producers rose $1 to end at $24.50 while trading 17,950 shares, JMMB Group lost $4.99 to settle at $43.01 with 53,685 shares changing hands. Mayberry Jamaican Equities lost 50 cents to end at $11, trading 61,787 shares, NCB Financial declined by $3 to end at $210, with an exchange of 253,978 stock units, Panjam Investment lost 48 cents in trading of 56,018 units to close at $101.50. Sagicor Group lost $1.50 to settle at $70 with 402,329 shares changing hands, Seprod rose $1 to settle at $55 with 56,476 shares changing hands Supreme Ventures gained $1 to close at $28 with an exchange of 6,777,393 shares and Wisynco Group fell $2 in trading 374,927 shares at $23.
Trading in the US dollar market ended with 28,942 units valued at US$13,213. In trading,  JMMB Group 5.75% preference share closed at US$2 in trading 2,706 shares, JMMB Group 5.75% preference share closed trading of 2,435 stock units at US$1.01, Margaritaville closed at 28 US cents in trading 500 units. Proven Investments concluded trading 16,485 shares and settled at 26 US cents with and ended trading finished trading with 15.00 cents and Sygnus Credit Investments completed trading of 6,816 shares at 15 US cents.
The JSE USD Equities Index lost 2.16 points to close at 197.11.

JSE main market down again

The Jamaica Stock Exchange ended with 18 rising, 12 with losses and 4 traded firm as a total of 34 securities traded on Tuesday compared to 33 trading on Monday.
The market closed with the JSE All Jamaican Composite Index declining 1,054.51 points to end at 564,115.52, the JSE Index dropped 1,119.61 points to 513,440.26 and the JSE Financial Index lost 0.46 points to close at 140.14.
Market activity ended with 39,479,470 units valued at $797,391,912, in contrast to 86,270,254 units valued at $128,945,815 on Monday.
Wigton Windfarm led trading with over 20 million shares for 52 percent of total volume, followed by Caribbean Cement with 5 million units accounting for 13 percent of the day’s trade and Sagicor Select Fund with over 4 million shares for 11 percent of the main market’s volume.
The Market closed with an average of 1,161,161 units valued at an average of $23,452,703 for each security traded. In contrast to 2,875,675 units for an average of $4,298,194 on Monday. The average volume and value for the month to date amounts to 919,467 units valued at $7,873,621 and previously an average of 899,570 shares for $6,472,327 for each security traded. The market closed out August with an average of 1,743,431 units valued at $9,907,963 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 10 stocks ended with bids higher than their last selling prices and 3 with lower offers.
In main market activity, Barita Investments gained 80 cents to settle at $74 with 25,856 shares changing hands,  Caribbean Cement slipped $3.19 to end at $76.81 with 5,007,970 stock units trading. Eppley Caribbean Property Fund dropped $1.90 to end at an all-time low of $38 while trading 1,610 shares, Jamaica Broilers lost $1.55 to settle at $32.45 with 1,000,993 shares changing hands, Jamaica Stock Exchange declined by $1 to end at $26, trading 25,902 shares. JMMB Group gained 80 cents to settle at $48 with 10,426 shares changing hands. Kingston Wharves lost $1.99 to end at $62.01, in trading 4,138 shares, Mayberry Jamaican Equities lost $1 to end at $11.50, trading 3,000 shares, NCB Financial rose $4 to end at $213, with an exchange of 532,498 stock units, Panjam Investment rose 98 cents in trading of 12,485 units to close at $101.98. Sagicor Group added 49 cents to settle at $71.50 with 37,183 shares changing hands, Scotia Group fell 49 cents to close at $57 with an exchange of 23,164 shares, Seprod lost $2.50 to settle at $54 with 34,752 shares changing hands and Wisynco Group gained 50 cents in trading 133,235 shares at $25.
Trading in the US dollar market ended with 6,994 units valued at US$1,430 as Proven Investments traded 4,742 units at 26 US cents followed by Sterling Investments gained 1.6 US cents to close at 3.8 US cents and Margaritaville closed 3 US cents higher to settle at 52 weeks’ high of 28 US cents. The JSE USD Equities Index gained 4.82 points to close at 199.27.

 

JSE main market index rise – Friday

The Jamaica Stock Exchange ended trading on Friday with the JSE All Jamaican Composite Index rising 1,052.67 points to 564,753.60 even as declining stocks exceeded those rising.
The JSE Index climbed 890.78 points to 514,182.55 and the JSE Financial Index gained 0.24 points to close at 140.23. At the close of trading, 9 advanced, 13 declined and 14 traded firm as  36 securities in the main and US market compared to 37 on Thursday. Trading in the main market ended with 23,486,112 units valued at $198,066,208, in contrast to 18,740,935 units valued at over $117,219,686 on Thursday.
Wigton Windfarm led trading with 11.6 million shares for 49 percent of total volume, followed Sagicor Select Fund with 9 million units accounting for 39 percent of the day’s trade and NCB Financial Group with 553,993 shares for 2 percent of the main market’s volume.
The Market closed with an average of 671,032 units valued at an average of $5,659,034 for each security traded. In contrast to 506,512 units for an average of $3,168,100 on Thursday. The average volume and value for the month to date amounts to 744,783 units valued at $6,659,753 and units previously 752,201 units valued at $6,771,654 for each security traded. The market closed out August with an average of 1,743,431 units valued at $9,907,963 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 10 stocks ended with bids higher than their last selling prices and 5 with lower offers.
In main market activity, Barita Investments lost $1 to settle at $74 with 25,856 shares changing hands, with 260 stock units trading, Berger Paints  declined 40 cents to end at $18.05, in trading 6,363 shares, hands, Caribbean Cement gained $5.50 to end at $83 with 4,589 stock units trading. Eppley Caribbean Property Fund dropped $5.09 to end at an all-time low of $39.90 while trading 208 shares, Jamaica Producers lost 54 cents to settle at $23.51 with 9,190 shares changing hands, Jamaica Stock Exchange gained 94 cents to end at $25.50, trading 123,004 shares. JMMB Group gained 90 cents to settle at $48.90 with 364,022 shares changing hands. Mayberry Investments lost 49 cents to end at $8.81 with 185,343 stock units trading, Mayberry Jamaican Equities shed 48 cents to end at $12, trading 21,617 shares, MPC Caribbean Energy gained $22.66 to end at all-time high of $153.06, in trading 520 shares, NCB Financial rose $4 to end at $213, with an exchange of 553,993 stock units. Sagicor Group fell $1.49 to settle at $71.01 with 6,406 shares changing hands, Salada Foods fell 50 cents to close at $32 with an exchange of 3,571 shares, Seprod lost 50 cents to settle at $54 with 64,415 shares changing hands and Sygnus Credit Investments rose $1 in trading 214,718 shares at $25.
The JSE USD Equities Index closed at 190.71 as Sygnus Credit Investments was the only stock trading in the market with 190,000 units valued at US$28,500 to close at 15 US cents.

More decline for JSE main market – Wednesday

The Jamaica Stock Exchange main market closed down on Wednesday, with advancing outpaced by declining stocks for the second consecutive day as some investors seek cash to buy into a new IPO that is on offer in the market.
The market ended, with 36 securities trading in the main and US dollar markets, leading to 11 advancing, 15 declining and 10 trading to close with no price change, compared to 35 securities trading on Tuesday.
The All Jamaican Composite Index declined by 560.38 points to close at 568,175.92, the JSE Index shed 594.41 points to 517,224.50 and the JSE Financial Index rose 0.24 points to end at 141.83.
Market activity led to 50,725,660 units valued at $109,446,038 changing hands, in contrast to 25,607,960 units valued at $336,490,907 crossing the main market on Tuesday.
Wigton Windfarm led trading with 30.8 million shares for 61 percent of total volume, followed by Sagicor Select Fund with 10.4 million units accounting for 21 percent of the day’s trade and JMMB Group 7.5% preference share with 6.7 million shares for 12 percent of the main market’s volume.
Trading closed with an average of 1,449,305 units valued at an average of $3,127,030 for each security traded. In contrast to 800,249 units valued at an average of $10,515,341 on Tuesday, for each security traded on Friday. The average volume and value for the month to date amounts to 81,431 shares valued at $7,254,739 for every security traded, compared to 696,737 shares valued at $7,854,199 for each security traded. The market closed out August with an average of 1,743,431 units valued at $9,907,963 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 12 stocks ending with bids higher than their last selling prices and 4 with lower offers.
In main Market activity, Berger Paints lost 50 cents to settle at $18.50 with 19,976 shares crossing the exchange, Caribbean Cement dived $1.01 to settle at $79 with 94,318 shares changing hands, Eppley lost $2 to settle at $14 with 702 shares changing hands, Eppley Caribbean Property traded 450 shares and lost $3 to close at a low of $43. Grace Kennedy rose $1.75 to end at $69.75 trading 72,257 shares, Jamaica Producers gained 49 cents to settle at $24 trading 4,353 shares, Jamaica Stock Exchange gained $1 to settle at $26 with 15,234 shares changing hands. JMMB Group added $1.45 to settle at $49.45 with an exchange of 39,868 units, NCB Financial slipped $1.95 to end at $212.05, with an exchange of 65,234 stock units, Pulse Investments lost 50 cents to close at $2.90 while just 2,400 shares were exchanged, Sagicor Group exchanged 21,005 shares after declining by 35 cents to end at $72.50, Sygnus Credit Investments gained 40 cents in trading 67,351 shares at $22 and Wisynco traded 290,312 shares but lost $2.501 to close at $22.
Trading in the US securities market resulted in 1,000,000 units valued at US$150,000 changing hands with Sygnus Credit Investments being the sole stock trading to close at 15 US cents. The JSE USD Equities Index rose 0.09 points to end at 194.45.

51% of JSE main market stocks fall

The Jamaica Stock Exchange main market closed higher on Tuesday, with advancing outpaced by declining stocks two to one.
The market ended, with 35 securities trading in the main and US dollar markets, leading to 8 advancing, 18 declining and 9 unchanged, compared to 37 securities trading on Friday.
The All Jamaican Composite Index advanced 944.53 points to close at 568,736.30, the JSE Index gained 594.41 points to 517,224.50 and the JSE Financial Index rose 1.06 points to end at 141.59.
Market activity lead to 25,607,960 units valued at $336,490,907 changing hands, in contrast to 25,996,401 units valued $339,872,230 crossing the main market on Monday.
Supreme Ventures led trading with 10 million shares for 39 percent of total volume, followed Wigton Windfarm with 7 million units accounting for 27 percent of the day’s trade and Sagicor Select Fund with 6.7 million shares for 26 percent of the main market’s volume as the price closed at an all-time low of $1.17.
Trading closed with an average of 800,249 units valued at an average of $10,515,341 for each security traded. In contrast to 764,600 units for an average of $9,996,242 on Monday, for each security traded on Friday. The average volume and value for the month to date amounts to 696,737 shares valued at $7,854,199 for every security traded, compared to 683,161 shares valued at $7,446,752 for each security traded. The market closed out August with an average of 1,743,431 units valued at $9,907,963 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 12 stocks ending with bids higher than their last selling prices and 8 with lower offers.
In main market activity, Berger Paints lost $1.60 to settle at $19 with 8,200 shares crossing the exchange, Caribbean Cement dived $4.99 to settle at $80.01 with 23,040 shares changing hands, Grace Kennedy lost 40 cents to end at $68 with 15,689 shares changing hands. Jamaica Broilers climbed $1 to settle at $34 with 38,062 shares changing hands, Jamaica Producers lost $1.49 to settle at $23.51 trading 17,342 shares, Jamaica Stock Exchange declined 50 cents to settle at $25 with 105,815 shares changing hands. JMMB Group lost 25 cents to settle at $48 with an exchange of 53,449 shares, Kingston Properties lost 35 cents to end at $5.62, in trading 10,200 stock units, Kingston Wharves traded 3,368 shares but dropped 99 cents in closing at $63.01. Mayberry Jamaican Equities dropped $1.10 to end at $12, trading 17,374 shares, NCB Financial climbed $2 to end at $214, trading 58,922 shares, Sagicor Group exchanged 26,619 stock units after gaining 85 cents to end at $72.85. Scotia Group traded 6,652 shares but fell $1 to $56.50, Seprod declined by $3.99 to settle at $51.01 with 44,831 shares changing hands, Sygnus Credit Investments rose 34 cents in trading 190,609 shares at $21.60 and Wisynco traded 161,584 shares and gained $1 to close at $24.50.
Trading in the US securities market resulted in 235,741 units valued at US$36,978 changing hands with JMMB Group 6% preference share with 1,550 units and lost 2 cents to close at US$1.02, Proven Investments rose by 1 cent in closing at 26 US cents in exchanging 4,258 shares and Sygnus Credit Investments trading 229,933 shares at 15 US cents after adding one cent. The JSE USD Equities Index rose 1.48 points to end at 194.36.

12 all for JSE main market stocks – Monday

The Jamaica Stock Exchange main market closed lower on Monday, with advancing and declining stocks being equal as recently listed Eppley Property Fund, closed at the lowest point since listing.
The market ended, with 37 securities trading in the main and US dollar markets, leading to 12 gaining, 12 declining and 13 with no price change, compared to 37 securities trading on Friday.
The All Jamaican Composite Index dropped 3,282.91 points to end at 567,791.77, the JSE Index declined by 2,986.09 points to close at 516,963.09 and the JSE Financial Index fell 1.49 points to end at 140.53.
Market activity lead to 25,996,401 units valued $339,872,230 changing hands, in contrast to 14,157,264 units valued at $123,207,133 crossing the main market on Friday.
Wigton Windfarm led trading with 14 million shares for 54 percent of total volume, followed JMMB Group with 4.8 million units accounting for 18 percent of the day’s trade and Sagicor Select Fund with 3.7 million shares for 14 percent of the main market’s volume.
Trading closed with an average of 764,600 units valued at an average of $9,996,242 for each security traded. In contrast to 404,493 units for an average of $3,520,204 on Friday for each security traded on Friday. The average volume and value for the month to date amounts to 683,161 shares valued at $7,446,752 for every security traded, compared to 803,971 shares valued at $6,951,422 for each security traded. The market closed out August with an average of 1,743,431 units valued at $9,907,963 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ending with bids higher than their last selling prices and 8 with lower offers.
In main Market activity, Berger Paints climbed 60 cents to settle at $20.60 with 13,200 shares crossing the exchange, Caribbean Cement climbed $4 to settle at $85 with 12,500 shares changing hands, Eppley Caribbean Property Fund lost $1 to end at a 52 weeks’ low of $46 with trading of 2,000 shares. Grace Kennedy lost $1.60 to end at $68.40 with 31,904 stock units changing hands. JMMB Group lost 25 cents to settle at $49.50 with an exchange of 4,761,853 shares, Jamaica Producers gained $1 to settle at $25 trading 21,981 shares, Mayberry Investments climbed 50 cents to settle at $9.50 with 24,200 shares changing hands. Mayberry Jamaican lost 40 cents to end at $13.10, trading 7,505 shares, Panjam Investment fell 50 cents to end at $101.50, trading 9,642 shares, Proven Investments gained 40 cents to end at $37.50, trading 5,708 shares, Seprod declined by $2 to settle at $55 with 4,745 shares changing hands, Supreme Ventures ended with a rise of $1 to $27 with 35,776 stock units trading and Sygnus Credit Investments lost 64 cents in trading 128,354 shares at $21.26.
Trading in the US securities market resulted in 154,913 units valued at over $47,764 changing hands with JMMB Group 6% preference share exchanging 14,000 units and rising 3 cents to close at US$1.04, Proven Investments rose slightly in closing at 25.01 US cents in exchanging 113,713 shares and Sygnus Credit Investments trading 27,200 shares at 14 US cents after falling by a cent. The JSE USD Equities Index lost 1.17 points to end at 192.88.

JSE main market dropped – Thursday

The Jamaica Stock Exchange main market fell on Thursday, with the number of advancing and declining stocks being almost even.
The market ended, with 35 securities trading in the main and US dollar markets, leading to the price of 12 advancing, 13 declining and 7 trading firm, compared to 36 securities trading on Wednesday.
The All Jamaican Composite Index lost 1,946.39 points to close at 568,243.88, the JSE Index declined by 1,763.59 points to close at 517,378.66 and the JSE Financial Index slipped 0.03 points to end at 140.37.
Market activity lead to 9,158,146 units valued $118,719,755 changing hands, in contrast to 68,265,038 shares valued at $682,669,316, crossing the main market on Wednesday.
Sagicor Select Fund traded 2.9 million shares for 31 percent of total volume, Wigton Windfarm followed with 2.6 million units accounting for 29 percent of the day’s trade and Carreras with 626,846 for 7 percent of the main market’s volume.
Trading closed with an average of 261,661 units valued at an average of $3,391,993 for each security traded. In contrast to an average of 2,007,795 units at $20,078,509 for each security traded on Wednesday. The average volume and value for the month to date amounts to 903,841 shares valued at $7,809,227 for every security traded, compared to 1,117,901 shares valued at $9,281,638 for each security traded. The market closed out August with an average of 1,743,431 units valued at $9,907,963 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 12 stocks ending with bids higher than their last selling prices and just one with a lower offer.
In the main market activity, Barita Investments climbed $2.04 to end at $75.04 with 42,000 stock units trading, Caribbean Cement gained $1.09 to settle at $84.59 with 24,537 shares changing hands Carreras traded 626,846 shares and lost 59 cents to end at $8.21, Jamaica Broilers lost 50 cents trading 183,072 units in closing at $35. Jamaica Producers climbed $26.50 to settle at $1.5 with 24,950 shares changing hands, Jamaica Stock Exchange added $2.01 trading of 44,766 units to close at $25.01, JMMB Group ended trading 39,592 shares, after falling 45 cents to end at $49.50, Kingston Wharves ended trading 27,983 shares, after declining 80 cents to end at $67.80. NCB Financial lost $4 to end at $206, in trading 127,004 stock units, PanJam Investment gained $1 to end at $102, in exchanging 86,006  shares, Proven Investments climbed 50 cents and exchanged 4,682 shares at $37.50, Sagicor Group rose $1.90 to sit at $72 after the swapping of 168,576 shares. Scotia Group gained $1.50 in trading of 74,162 shares to close at $57, Seprod declined by $5.80 to end at $52 with 350,263 stock units changing hands and Supreme Ventures rose $1.15 trading 20,145 shares to end at $27.
Trading in the US securities market resulted in 134,077 units valued $32,576 changing hands with Proven Investments closing at 26 US cents and exchanging 113,310 shares and Sygnus Credit Investments trading 20,767 shares at 15 US cents. The JSE USD Equities Index remained unchanged at 194.45.

JSE main market bullish on Wednesday

JSE main market bullish

The Jamaica Stock Exchange main market indices inched higher at the close on Wednesday, but that disguises the sharp difference between advancing and declining stocks with 5 to 2 advantage.
The market ended, with 35 securities trading in the main and US dollar markets, leading to 20 advancing, 8 declining and 7 trading firm, compared to 36 securities trading on Tuesday.
The All Jamaican Composite Index rallied 199.54 points to 570,190.27, the JSE Index gained 45.67 points to close at 519,142.25 and the JSE Financial Index rose 0.52 points to end at 140.40.
Mayberry Jamaican Equities dominated market activity, leading to 68,265,038 shares valued at $682,669,316 changing hands, in contrast to 30,838,644 units valued at over $177,452,451 crossing the main market on Tuesday.
Mayberry Jamaican Equities traded 40.26 million shares and 60 percent of total volume, Wigton Windfarm followed with 16 million units accounting for 23.4 percent of the day’s trade and Sagicor Select Fund with 8.14 units for 12 percent of the main market’s volume.
Trading closed with an average of 2,007,795 units valued at $20,078,509 for each security traded, in contrast to 907,019 units valued at an average of $5,219,190 for each security traded on Tuesday. The average volume and value for the month to date amounts to 1,117,901 shares valued at $9,281,638 for every security traded, compared to 691,754 units valued at $4,111,306 for each security traded. The market closed out August with an average of 1,743,431 units valued at $9,907,963 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 12 stocks ending with bids higher than their last selling prices and just one with a lower offer.
In the main market activity, Barita Investments climbed $3 to end at $73 with 108,612 stock units trading, Berger Paints gained $1 to settle at $20 after 119,046 shares changed hands, Carreras traded 44,195 shares and rose 35 cents to end at $8.80, Caribbean Cement climbed $3.50 to settle at $83.50 with 12,630 shares changing hands. Jamaica Broilers lost 50 cents trading 5,280 units in closing at $35.50, Jamaica Stock Exchange dropped $4.80 trading of 379,011 units to close at $23, Kingston Wharves ended trading with 2,160 shares, after rising 80 cents to end at $67.80, NCB Financial jumped $7 to end at $210, in trading 14,748 shares.  PanJam Investment gained $1 to end at $101, in exchanging 11,401 shares, Portland JSX added $1 to end at $9 after trading 7,900 shares, Proven Investments climbed 40 cents and exchanged 110 shares at $37, Sagicor Group rose $1.60 to sit at $70.10 after the swapping of 960,753 shares. Salada Foods gained $1.50 to end at $32.50 trading 915 units, Seprod added $1.80 to end at $57.80 with 16,407 stock units changing hands and Scotia Group fell $2 in trading of 44,363 shares to close at $55.50.
Trading in the US securities market resulted in 12,000 units valued US$3,120 changing hands with Proven Investments being the only security trading to close at 26 US cents. The JSE USD Equities Index remained unchanged at 194.45.

JSE main market turns north

The Jamaica Stock Exchange main market closed higher on Friday, following days of declines earlier in the week as investors pushed prices down for five days ahead moving the majority upon the final trading day of August.
The market ended, with 42 securities trading in the main and US dollar markets, leading to 17 securities advancing, 13 declining and 6 trading firm, compared to 38 securities trading on Thursday.
The All Jamaican Composite Index climbed 3,806.39 points to close at 571,532.50, the JSE Index advanced by 3,491.26 points to 520,410.28 but the JSE Financial Index lost 0.25 points to end at 140.70. The main market ended up with a strong 37 percent for the year to date and the JSE Financial Index pushed 40.7 percent higher since it started in March.
Radio Jamaica traded at a 52 weeks’ high of $2.58 but pulled back to close at $2.07 at the end of the day to be up 144 percent for the year to date and the second best-performing stock on the main market after Jamaica Stock Exchange 175 percent year to date gain.
Market activity ended with 24,252,652 units valued at $191,230,760, in contrast to 26,941,759 units valued at $106,274,247 crossing the main market on Thursday.
Sagicor Select Fund was the leading traded stock with 13.44 million shares accounting for 55.4 percent of total volume, Wigton Windfarm followed with 3.6 million units accounting for 15 percent of the day’s trade and Radio Jamaica with 3.1 million shares for 13 percent of the main market’s volume.
Trading closed with an average 638,228 units valued $5,032,388 for each security traded, in contrast to 748,382 units for an average of $2,952,062 on Thursday. The average volume and value for the month to date amounts to 1,743,431 units valued at $9,907,963 and previously, 1,802,087 units valued at $10,180,422 for each security traded. July closed with an average of 1,297,718 shares at $17,985,644 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8  stocks ending with bids higher than their last selling prices and 5 with lower offers.
In the main market activity, Berger Paints fell 77 cents in trading of 3,099 units at $18.23, Caribbean Cement lost $5.05 trading 7,375 shares to close at $83, Jamaica Broilers gained $1.5 to end at $36.50, trading 31,274 shares. JMMB Group decline 20 cents in trading of 1,720,151 units at $50.50, Jamaica Producers lost 50 cents in trading of 177 units at $27.50, Jamaica Stock Exchange lost $3.96 trading 118,908 units to close at $25, Kingston Wharves gained $2.50 to end at $65, in trading 400 shares. NCB Financial ended with a loss of $1 to end at 210 with 135,434 stock units changing hand, PanJam Investment climbed 96 cents in exchanging 5,141 shares at $102.99, Portland JSX climbed 50 cents in swapping 10,000 shares at $8, Proven Investments fell $2.49 trading 3,420 units to close at $37.50. Pulse Investments lost 34 cents to settle at $3.25 while trading 49,885 shares, Radio Jamaica dipped 31 cents in trading of 3,108,588 units to end at $2.07 after trading at a 52 weeks’ high of $2.58, Sagicor Group close with a loss of $2 to sit at $71 in swapping of 66,216 shares. Sagicor Real Estate Fund ended trading with 208,900 shares, after rising 45 cents to end at $ 11.25, Seprod gained $4 to end at $56 with 10,970 stock units changing hands, Scotia Group gained $2.51 to end at $57.50 with 282,997 stock units trading. Supreme Ventures closed trading of 10,229 units and gained 80 cents to end at $26. Victoria Mutual closed with a loss of 31 cents at $7.99 trading 725,900 units at $7.99 and Wisynco Group climbed $1.15 with 291,598 shares changing hands, to settle at $24.
Trading in the US securities market resulted in 164,058 units valued $20,560 changing hands with EPPLEY 5% preference share traded 1,000 units at 98 US cents, JMMB Group 5.75% with 3,200 units at JMMB Group 6% preference share rose 1 cent with 300 units to close at US$1.01, Proven Investments concluded trading of 123,418 shares and settled at 26 US cents, Sterling Investments with 21,657 units 0.221 US cents and Sygnus Credit Investments traded 141,289 shares with a rise of 1.5 cents to 13.5 US cents. The JSE USD Equities Index advanced 0.47 points to close at 190.72.