The Jamaica Stock Exchange main market dropped on Friday, with falling stocks beating out advancing stocks more than 2 to 1.
The market ended, with 38 securities trading in the main and US dollar markets, leading to 10 securities advancing, 22 declining and 6 trading firm, compared to 39 securities trading on Thursday.
At the close, the All Jamaican Composite Index dropped 2,998.29 points to close at 576,618.48, the JSE Index fell 2,724.67 to 524,971.18 and the JSE Financial Index eased 0.30 point to end at 143.45.
Market activity ended with, 63,085,464 units valued $295,520,034, in contrast to 112,036,085 units valued at $229,695,201 crossing the main market on Thursday.
Wigton Windfarm was the leading trade with 33.8 million units accounting for 54 percent of total volume, Sagicor Select Fund followed with 19 million shares accounting for 30 percent of the day’s trade and Jamaica Broilers with 3.6 million shares for 5.6 percent of the main market’s volume.
Trading closed with an average 1,752,374 units valued at $8,208,890 for each security traded, in contrast to 3,028,002 units for an average of $6,207,978 on Thursday. The average volume and value for the month to date amounts to 2,063,336 units valued at $11,963,163 and previously, 2,084,261 units valued at $12,234,013. 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 a lower offer.
In the main market activity, Barita Investments jumped $4.25 to end at $74.75 in trading 23,880 shares, Berger Paints gained $1 to close at $19 trading 80,204 shares, Eppley lost 60 to settle at $16.40 with 20,000 shares changing hands, Grace Kennedy dipped $1.10 to settle at $69.90 with an exchange of 29,028 shares. Jamaica Broilers traded 3,581,466 shares and declined $2 to settle at $33, Jamaica Stock Exchange dropped $1.49 to end at $31, trading 12,183 shares, JMMB Group lost 95 cents to end at $52 with 92,264 stock units trading, Kingston Properties declined $1.50 to close at $6 while exchanging just 2,000 shares. Kingston Wharves dived $6 trading 14,283 shares to close at $63, Mayberry Jamaican Equities exchanged 11,285 stock units with a loss of 90 cents to close at $12, NCB Financial lost $1 to settle at $210 with 107,367 shares changing hands. Sagicor Group shed $1.50 to close at $74 with 87,490 stock units trading, Salada Foods shed $1 to settle at $32 with 14,378 shares changing hands, Scotia Group dropped $1 to end at $55, trading 550,220 shares. Seprod lost $2 to settle at $52 with 49,815 shares changing hands, Supreme Ventures rose $1 to end at $27, in trading 131,179 shares and Sygnus Credit Investments added 23 cents to settle at $23.08 with 125,100 shares changing hands.
Trading in the US securities market resulted in 746,926 units valued at $103,603 changing hands. Proven Investments closed at 26 US cents with an exchange of 21,000 shares and Sygnus Credit Investments rose 0.5 cent in trading 725,926 shares to close at 13.5 US cents, leading the JSE USD Equities Index to lose 0.05 points to close at 193.66.

The Jamaica Stock Exchange main market pulled back from the big gains on Monday, with declining stocks crushing advancers 5 to 2.
The market ended, with 40 securities trading in the main and US dollar markets, leading to 8 securities advancing, 20 declining and 12 trading firm, compared to 38 securities trading on Monday.
At the close of trading, the All Jamaican Composite Index dipping 416.40 points to 583,146.86, the JSE Index falling 378.40 points to end at 530,916.10 and the JSE Financial Index eased 0.01 point to end at 144.85.
Shares totaling 46,422,862 units valued at $317,831,700 crossed the main market on Tuesday, compared to 62,418,753 units valued at $201,661,918 changing hands on Monday. Sagicor Select Fund was the leading trade with 24.7 million units accounting for 53 percent of total volume, Wigton Windfarm followed with 15.2 million shares accounting for 33 percent of the day’s trade and Carreras with 1.1 million shares for 2.4 percent of the main market’s volume.
Trading closed with an average of 1,289,524 units valued at an average of $8,828,658 for each security traded, in contrast to 1,642,599 units valued at $5,306,893 on Monday. The average volume and value for the month to date amounts to 2,066,282 units valued at $12,994,084 and previously, 2,131,616 units valued at $13,376,623. 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 2 with a lower offer.
In the main market activity, Barita Investments dropped $2.90 to end at $87 with 12,289 stock units changing hands, Caribbean Cement gained $4.50 trading 6,400 units to end at $84.50, Grace Kennedy lost 95 cents trading 322,997 shares and ended at $71, Jamaica Broilers fell $1 to close at $34, with 312,672 stock units changing hands. Jamaica Producers lost $1.29 ended trading with 79,503 shares, at $26.71. Kingston Wharves rose $2.59 in ending trading of 963,108 shares, to end at $69, Mayberry Investments lost 84 cents in exchanging 2,500 shares to close at $9.15, Mayberry Jamaican Equities lost $1 trading 60,300 shares to close at $12. NCB Financial dropped $7 trading 220,273 shares to close at $208. Portland JSX rose 35 cents in trading 4,500 stock units at $7.88, Sagicor Group traded 37,004 shares and declined $1 to end at $75, Salada Foods fell $1 to close at $33 with just 400 units trading, Scotia Group added $1.99 to end at $56.99 with 101,771 shares changing hands. Seprod traded 1,022,951 stock units but fell 79 cents to close at $51.01, Stanley Motta rose 40 cents in closing at $6 while swapping 1,200 stock units, Supreme Ventures lost 50 cents to settle at $27.50 with 235,920 shares changing hands and Sygnus Credit Investments lost 53 cents trading 28,633 units to close at $23.48.
Trading in the US securities market resulted in 95,066 units valued at $18,066 changing hands. JMMB Group 6% preference share traded 2,000 units at US$1, Proven Investments lost 1 cent to close at 26 US cents with an exchange of 55,645 shares, Sterling Investments concluded trading 5,500 stock units at 3.5 US cents and Sygnus Credit Investments traded 96,539 shares to close at 13 US cents. The JSE USD Equities Index lost 2.07 points to close at 194.39.

Wigton closed at anew high of $1 on Friday.

The main market of the Jamaica Stock Exchange pulled back at the close on Friday as several one-off trades pushed the volume and value traded sharply higher than on Thursday.
Shares totaling 187,828,591 units valued $1,490,463,769 traded in the main market compared to 104,310,618 units valued $281,870,824 changing hands on Thursday.
Wigton Windfarm was the leading trade with 107.65 million units accounting for 57 percent of total volume. Sagicor Select Fund followed with 31 million shares accounting for 17 percent of the day’s trade and Carreras with 22 million shares for 12 percent of the volume with Wisynco Group trading 8.2 million units for 4 percent of total volume and Carribean Cement traded 7.3 million units for 4 percent to main market’s volume.
At the close of trading, the JSE All Jamaican Composite Index dropped 3,248.84 points to 575,196.79, the JSE Index dived 2,952.36 points to close at 523,691.53 and the JSE Financial Index rose 0.38 points to end at 143.79.
Trading ended with 38 securities trading in the main and US dollar markets, leading to 17 securities advancing, 14 declining and 7 closing with prices unchanged, compared to 37 securities trading on Friday.
At the close of trading, Wigton Windfarm ended trading at a 52 weeks’ closing high of $1 and Stanley Motta at $6.15.
The market closed with an average of 5,366,531 units valued at $42,584,679 for each security traded, in contrast to of 3,160,928 units valued at $8,541,540 on Thursday. The average volume and value for the month to date amounts to 2,179,264 units valued at $14,242,866 and previously, 1,865,027 units valued at $11,133,262. 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 9  stocks ending with bids higher than their last selling prices and 1 with a lower offer.
In the main market activity, Barita Investments lost $1 to end at $88 with 54,976 stock units changing hands, Caribbean Cement gained 50 cents trading 7,299,853 units to end at $77.50, Grace Kennedy lost $1 trading 133,845 shares and ended at $69, Jamaica Broilers rose $1 to close at $35, with 2,564,812 stock units changing hands. Jamaica Producers ended trading with 2,571,345 shares, but fell $1.71 to end at $26.65, JMMB Group gained 30 cents to end at $50 with 567,353 stock units trading, Kingston Wharves ended trading with 65,508 shares, after rising $2 to end at $69. NCB Financial lost $2 trading 92,431 shares to close at $208, Palace Amusement exchanged 129 shares but fell $400 to close at $2,100, PanJam Investment rose 99 cents to close at $105.99 with 192,765 stock units changing hands, Portland JSX ended trading with 5,800 shares and rose 35 cents to end at $7.55. Proven Investments rose $1 in trading 7,230 at $41, Sagicor Group jumped $2.20 in trading 392,582 shares to close at $76, Scotia Group climbed $1.99 to $56 with 25,966 shares changing hands, Seprod lost 39 cents in trading  1,562,565 shares at $51.60, Stanley Motta gained 65 cents in closing at an all-time high of $6.15 while swapping 242,427 stock units. Supreme Ventures rose $1 to close at $28 with an exchange of 250,878 shares, Sygnus Credit Investments fell $1 in trading 130,773 units to close at $23 and Wisynco Group climbed 50 cents to settle at $25.50 with 8,210,330 shares changing hands.
Trading in the US securities market resulted in 660,824 units valued US$86,326 changing hands. JMMB Group 6% preference shares rose one cent in exchanging 3,474 units to close US$1, Proven Investments inched just 0.49 cent higher to close at 26.99 US cents with an exchange of 1,000 shares and Sygnus Credit Investments traded 656,350 shares and rose 1 cent to close at 13 US cents. The JSE USD Equities Index advanced 1.64 points to close at 196.46.

Wigton posted a big jump in profit and should light a fire under the JSE.

The Jamaica Stock Exchange seems set to enjoy a big blast on Wednesday following the release of strong results by a number of companies after the market closed on Tuesday, with modest gains in the market indices.
At the close of trading, the JSE All Jamaican Composite Index added 254.37 points to close at 580,099.61, the JSE Index rose 231.16 points to 528,146.93 and the JSE Financial Index lost 0.31 points to end at 144.36.
Trading ended with more stocks rising than falling with 42 securities trading in the main and US dollar markets, leading to 19 securities advancing, 14 declining and 9 closing with no price change, compared to 37 securities trading on Tuesday.
At the close of trading, Palace Amusement traded at a record high of $1,950 but JMMB Group 7.5% preference shares traded at a 52 weeks’ low of 75 cents but recovered slightly by the close.

PanJam is another main market stock to post a big jump in profits.

Shares totaling 105,567,277 units valued $1,138,000,566 traded, compared to 65,134,390 units valued at $273,353,099 changing hands on Monday.  Sagicor Select Fund led trading with 57.2 million units for 54 percent of total volume, Wigton Windfarm followed with 22.3 million shares accounting for 21 percent of the day’s trade, Supreme ventures with 10 million shares for 9.5 percent of total main market volume. Other stocks trading over one million shares are, Ciboney, Mayberry Investments, NCB Financial, Radio Jamaica, Sagicor Group and Scotia Group.
The market closed with an average of 2,706,853 units valued at $29,179,502 for each security traded. In contrast to 1,915,717 units valued at an average of $8,039,797 on Monday. The average volume and value for the month to date amounts to 1,155,033 units valued at $11,164,308 and previously, 901,009 units valued at $7,834.486. 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 7 stocks ending with bids higher than their last selling prices and 3 with lower offers.
In the main market activity, Barita Investments lost 98 cents to end at $89 with 24,197 shares changing hands, Caribbean Cement ended with a loss of $2 at $77 with 20,957 stock units changing hands, Carreras shed 74 cents to end at $8 with 781,375 stock units trading, Grace Kennedy climbed $2.50 in trading of  823,511 units at $72. Jamaica Broilers exchanged 81,295 shares but dropped $1 to close at $34, Jamaica Producers lost 35 cents trading 28,686 shares to end at $$26.65, Jamaica Stock Exchange jumped $4.19 trading 68,286 shares to end at $29.94, Kingston Properties lost $1 in closing at $7 after exchanging 18,485 shares. Kingston Wharves gained $2.16 while trading 12,263 shares to end at $68, Mayberry Jamaica Equities rose $1.10 in closing at $12.10 with 812 shares changing hands, NCB Financial lost $2 in exchanging 1,553,334 units to close $218. Palace Amusement traded just 100 shares and jumped $450 to close at a record high of $1,950, PanJam Investment added $1 in trading of 379,101 units at $101, Portland JSX recovered the 35 cents lost on Monday in exchanging 29,385 shares at $7.90, Proven Investments closed trading of 37,487 units and gained $3 to end at $40. Scotia Group dropped $2.60 to close at $54 in trading of 1,556,853 units, Seprod dipped $1 in trading 17,941 shares to end at $55, Sygnus Credit Investments lost 40 cents in trading 650,915 shares to end at $23.55 and Wisynco Group jumped $4.08 to $24 after exchanging 279,826 units.
Trading in the US securities market resulted in 36,715 units valued $5,737 changing hands. Margaritaville traded with 8,925 shares to settle at 25 US cents, Proven Investments gained 2 cents and closed at 26 US cents with an exchange of 240 shares and Sygnus Credit Investments traded 27,550 shares at 12.5 US cents. The JSE USD Equities Index advanced 6.09 points to close at 192.65.