Main market stocks declined on the Jamaica Stock Exchange at the close on Tuesday and just barely taking a small bite out of the strong gains on Monday. At the close, the All Jamaica Composite Index declined 335.47 points to close at 259,509.13, the JSE Market Index fell 305.65 points to 236,442.21 and the JSE US dollar market index dropped 5.99 points to close at 174.47.
At the close of trading, 23 securities changed hands in the main market with 2 trading in the US dollar market, leading to 10 stocks advancing and 9 declining. Three securities ended trading at a new closing high. The main market ended with 3,076,517 units valued at $75,479,037 changing hands compared to 2,897,944 units valued at $74,825,788 at the close on Monday. Trading in the US dollar market accounted for 2,038,184 units valued at US$473,952.
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 4 stocks with bids higher than their last selling prices and 3 with lower offers.
The main market ended trading with an average of 133,762 units valued at $3,281,697 for each security traded compared to an average of 120,748 units valued at $3,117,741. The average volume and value for the month to date ended at 127,255 units with an average value of $3,199,719 compared with an average of 120,748 units with an average value of $3,117,741 on the previous trading day. The average volume and value for June ended at 218,951 units with an average value of $3,871,959.
In market activity, Berger Paints gained $1.50 to close at $16.50 while exchanging 7,536 shares, Cable and Wireless lost 1 cent and closed at $1.10, with 100,957 stock units switching owners, Caribbean Cement closed at $28, with 1,350 shares traded, Carreras traded $1.01 higher, closing at a 52 weeks’ high of $90.01, with 1,725 shares changing hands, Grace Kennedy gained $2 to close at $42 in trading 1,400 units. Jamaica Broilers lost 30 cents, closing at $17.70, with an exchange of 26,548 shares, Jamaica Producers closed at $15.70 with gains of 70 cents while trading of 28,804 shares, Jamaica Stock Exchange closed at $7.10, gaining 5 cents trading 18,990 shares, JMMB Group closed at $20 exchanging 2,648 units, Kingston Wharves lost 50 cents to close at $29.50 trading 90,917 shares, Mayberry Investments closed at $4.60, with 1,112 shares changing hands. 
NCB Financial Group closed at $68.55, with a loss of $1.45 after exchanging 145,990 shares, PanJam Investment closed at $35.20, losing 31 cents with trades of 16,532 shares, Portland JSX lost 99 cents, with 1,052 units traded, Proven Investments added 1 cent to close at a 52 weeks’ closing high of $24.01 in exchanged for 2,200,900 shares, Pulse Investments closed at a new high of $4.35, with gains of 60 cents and with 65,062 shares changing hands. Radio Jamaica traded 69,640 shares at $1.60, Sagicor Group closed at $33.10, with gains of 50 cents in trading 147,145 shares, Sagicor Real Estate Fund exchanged 1,000 units at $12.10. Scotia Group closed at $45, with a loss of 70 cents and an exchange of 42,725 shares while Supreme Ventures closed at $7.77, and lost 1 cent with 50,318 shares changing hands. Proven Investments US ordinary shares, closed at 22 US cents, having lost 0.02 US cent trading 2,068,184 units, JMMB Group US 6% preference share gained 0.02 US cents to close at US$1.12 with trades of 15,718 units, JMMB Group 7.5% preference share lost 2 cents, closing at $1.11 with 51,966 units exchanged and JMMB 7.5% preference share closed at $1.85, with 2,200 units traded.
JSE majors make big gains again – Monday
Scotia Group accounted for 46 percent of the volume traded on Monday.
Big movement in a number of main market stocks of the Jamaica Stock Exchange drove the indices up sharply at the closed on Monday and adding to the big gains on Friday. The All Jamaica Composite Index jumped 1,871.36 points to close at 259,844.60, the JSE Market Index climbed 1,705.02 points to 236,747.86 and the JSE US dollar market index lost 0.51 points to close at 180.46.
At the close of trading, 24 securities changed hands in the main market with 1 trading in the US dollar market, leading to 10 stocks advancing and 7 declining. Pulse Investments, fresh from a 6 for 1 stock split closed at a new 52 weeks’ high at the conclusion of trading. The main market ended with 2,897,944 units valued at $74,825,787.51 changing hands compared to 1,531,947 units valued at $26,473,230 at the close on Friday. Trading in the US dollar market accounted for 83,800 units valued at US$19,274.
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 2 with lower offers.
The main market ended trading with an average of 120,748 units valued at $3,117,741 for each security traded compared to an average of 66,606 units with an average value of $1,151,010 on Friday. The average volume and value for June ended at 218,951 units with an average value of $3,871,959.
In market activity, Barita Investments gained 50 cents to close at $7 trading 20,000 shares, Berger Paints traded $2.97 lower to close at $15 in exchanging 6,667 shares, Cable and Wireless lost 5 cents and closed at $1.11, with 43,470 stock units switching owners, Caribbean Cement closed at $28, with 21,600 shares traded. Carreras traded 8,560 shares at $89, Grace Kennedy closed at $40, but lost $1 trading 25,931 units, Jamaica Broilers gained 40 cents to close at $18, with 25,055 shares changing hands, Jamaica Producers lost $1 and closed at $15 with 39,402 units trading. Jamaica Stock Exchange closed at $7.05, gaining 5 cents and trading 21,349 shares, JMMB Group closed at $20, with gains of 3 cents while exchanging 22,733 units, Kingston Wharves gained 15 cents to close at $30, trading 23,419 shares, 
Mayberry Investments closed at $4.60, losing 50 cents with an exchange of 888 shares. NCB Financial Group closed at $70, after exchanging 107,711 shares, PanJam Investment closed at $34.89, with 36,102 shares changing hands, Portland JSX traded 1,002 units at $11, Pulse Investments closed at a new high of $3.75 after a 6 for 1 stock split, with 58,504 shares changing hands, Sagicor Group closed at $32.60, with a loss of 49 cents trading 19,778 shares, Sagicor Real Estate fund gained 10 cents to close at $12.10, with 8,519 shares changing owners. Scotia Group accounted for 46 percent of the volume traded in the market and the price jumped $2.70 to close at $45.70, with 1,337,205 shares having been traded, Seprod added $1.93 to close at $30 in exchanging 7,966 shares while Supreme Ventures closed at $7.78, with a rise of 33 cents with 12,351 shares changing hands. Proven Investments US ordinary shares closed at 23 US cents, with an exchange of 83,800 units, JMMB Group 7.5% preference share closed at $1.13, with 996,000 units exchanged, JMMB 7.5% preference share closed at $1.85, with 26,358 units traded and Proven 8.25% preference share lost 5 cents to close at a 52 weeks’ low of $5.10, with 27,294 units traded.
JSE indices drop Wednesday
Trading in the main market of the Jamaica Stock Exchange closed on Wednesday with the number of stocks rising and falling being almost even. Trading volumes declined while the values increased compared to the prior day but the market indices closed lower.
The All Jamaica Composite Index fell 1,045.65 points to close at 258,307.11, the JSE Market Index declined 952.70 points to 235,347.03 and the JSE US dollar market index gained 1.72 points to close at 183.12.
At the close of trading, 22 securities changed hands in the main market, with 1 trading in the US dollar market, leading to 7 stocks advancing and 8 declining. Trading in the main market ended with 1,699,314 units valued at $60,267,634 changing hands compared to 2,115,285 units valued at $50,230,238 at the close on Tuesday. Trading in the US dollar market accounted for 5,145 units valued at US$1,201.
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 6 stocks with bids higher than their last selling prices and 2 with lower offers.
The main market ended trading with an average of 77,242 units valued at a mere $2,739,438 for every security traded compared to an average of 88,137 units valued at $2,092,927 on Tuesday. The average volume and value for the month to date ended at 235,617 units valued at $4,170,226 compared with an average of 243,952 units with an average value of $4,245,530 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Barita Investments closed at $6.50, with a loss of 50 cents exchanging 122,700 shares, Berger Paints closed at $14.30, after gaining $1.30 trading 3,468 shares, Carreras gained 30 cents to close at $86.80, with 10,436 units trading, Grace Kennedy dropped $1.90 to close at $40.10, with an exchange of 468,413 units, Jamaica Broilers closed at $17.60, with a loss of 40 cents trading 11,000 shares, Jamaica Producers exchanged 4,742 units at $16. Jamaica Stock Exchange closed at $6.99 trading 47,474 shares, JMMB Group closed at $18.50, with 32,333 units changing owners, Kingston Properties traded 5,000 units at $9.95, Kingston Wharves closed at $28.90, with trades of 1,370 shares. Mayberry Investments closed at $4.75, gaining 20 cents with an exchange of 52,105 shares, 
NCB Financial Group closed at $70.99, with a loss of 41 cents after exchanging 56,856 shares, 1834 Investments gained 5 cents to close at $1.50 trading 17,269 shares, PanJam Investment lost 2 cents to close at $34.87, with trades of 14,326 shares. Portland JSX advanced $2 to close at $11, with 62,072 shares changing hands, Pulse Investments closed at $17.99, with an exchange of 4,584 shares, Radio Jamaica gained 10 cents to close at $1.60 trading 17,627 units, Sagicor Group closed at $33.20, with a loss of $1.33, trading 3,921 shares, Sagicor Real Estate Fund gained 50 cents to close at $11.50, with 3,450 shares changing hands. Scotia Group traded $2.98 lower to close at $42.52 exchanging 734,967 shares, Scotia Investments closed at $36.58 trading 10,100 units while Supreme Ventures closed at $7.45, losing 20 cents with 15,101 shares changing owners. Proven Investments US ordinary shares closed at 23 US cents, with 5,145 units changing hands.
Palace leaps $108 on Friday
Palace Amusement hit a record of $498 on Friday.
Cinema owners and movie promoters, Palace Amusement Company’s share price jumped $108 or just under 27 percent to close at an all-time high of $498 with just 888 shares trading on Friday. The movement in the price of the stock contributed in the market indices rising close to 1,000 points.
The stock traded with a gain of $50 to close at $390 on Tuesday in trading 200 shares. Trading in the main market of the Jamaica Stock Exchange closed on Friday with a number of stocks rising being outnumbered by those declining. The volume and value of stocks traded declined compared to the prior day. At the close of the market, the All Jamaica Composite Index gained 982.15 points to close at 258,619.66, the JSE Market Index rose 894.85 points to 235,631.79 and the JSE US dollar market index fell 3.32 points to close at 184.01.
Trading ended with 28 securities changing hands in the main market with 1 trading in the US dollar market, leading to 9 stocks advancing and 12 declining. Trading ended with 2,161,083 units valued at $46,263,769 changing hands in the main market, compared to 39,788,577 units valued at $130,153,064 at the close on Thursday. Trading in the US dollar market accounted for 489,884 units valued at US$115,026.
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 4 stocks with bids higher than their last selling prices and 2 with lower offers.The main market ended trading with an average of 77,182 units valued at a mere $5,040,005 for every security traded compared to an average of 1,473,651 units valued at a mere $4,820,484 on Thursday. The average volume and value for the month to date ended at 263,096 units with an average value of $4,517,103 compared with an average of 274,715 units with an average value of $4,484,422 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Barita Investments traded 1,372 shares at $7, Berger Paints lost $2.95 to end at $12.05, with an exchange of 5,077 shares, Cable and Wireless gained 2 cents to close at $1.12, with 241,397 stock units changing owners, Caribbean Cement closed at $26 trading 227,723 shares, Carreras traded $3 higher to close at $85 in exchanging 48,412 units, Grace Kennedy closed at $41.50, losing 50 cents with 2,487 units changing hands, Jamaica Broilers closed at $18, with gains of 50 cents in trading 14,948 shares, J
amaica Producers traded $1 higher to $16, with 18,695 units being exchanged. Jamaica Stock Exchange closed at $7 trading 20,747 shares, JMMB Group closed at $20, with 1,803 units changing hands, Kingston Wharves traded 98 cents higher to $26, with an exchange of 29,851 shares. NCB Financial Group closed at $71.50, gaining 50 cents after exchanging 21,399 shares, 1834 Investments closed at $1.50, losing 2 cents with 68,095 units changing hands, PanJam Investment lost 50 cents to close at $34, as 21,843 shares were traded. Portland JSX lost 95 cents to close at $9, with just 500 units changing hands, Proven Investments traded 51 cents lower to close at 52 weeks’ low of $19 exchanging 800,415 shares, more than $11 less than the stock traded at in the US dollar market, Pulse Investments closed at $18, with an exchange of 7,389 shares, Radio Jamaica lost 15 cents, closing at $1.50 with 44,371 shares switching owners, Sagicor Group closed at $34.19, losing 32 cents trading 6,890 shares, Sagicor Real Estate fund added 10 cents to close at $11.60, with 1,663 units trading, Scotia Group closed at $44.70, with gains of 70 cents exchanging 315,901 shares while Supreme Ventures closed at $7.50, losing 29 cents with 170,957 shares changing hands. Proven Investments US dollar listed ordinary share, exchanged 489,884 ordinary shares at 24 US cents, Proven Investments 8.25% preference share lost 3 cents, closing at $5.17, with 29,600 units traded, Jamaica Money Market Brokers 7.5% preference share closed at $1.90, with 44,650 units changing hands, JMMB Group 7.5% preference share closed at $1.12, with an exchange of 10,000 units and JMMB Group 7.25% preference share lost 1 cent to close at $1.49 with trades of 1,010 units.
JSE majors fall back on Tuesday
Trading in the main market of the Jamaica Stock Exchange closed on Tuesday with stocks rising outnumbering those falling. The market indices fell back at the close the JSE Market Index fell 878.85 points to 235,245.62, with the All Jamaica Composite Index declining 964.58 points to close at 258,195.81 and the JSE US dollar market index closed at 200.45.
At the close of trading, 25 securities changed hands with 2 trading in the US dollar market, leading to 7 stocks advancing and 7 declining. Trading in the main market ended with 3,513,896 units valued at $221,929,673 changing hands compared to 2,726,092 units valued at $27,555,950 at the close on Monday. Trading in the US dollar market accounted for 51,800 units valued at US$42,613.
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 6 stocks with bids higher than their last selling prices and 2 with lower offers.
The main market ended trading with an average of 140,556 units valued at $8,877,187 for every security traded compared to an average of 113,587 units valued at $1,148,165 on Monday. The average volume and value for the month to date ended at 202,407 units with an average value of $4,580,773 compared with an average of 207,165 units with an average value of $4,250,279 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Barita Investments traded 250 shares at $7, Berger Paints closed at $17.50, after losing 32 cents with an exchange of 9,200 shares, Cable and Wireless closed at $1.15 with a fall of 5 cents trading 30,000 stock units, Caribbean Cement gained 40 cents to close at $26.90 trading 7,290 shares, Carreras closed at $86.70, with a loss of 9 cents in exchanging 1,832 units, Grace Kennedy closed at $41, with 50,060 units changing hands, Jamaica Broilers closed at $18, with gains of 38 cents trading 3,325 shares, Jamaica Producers closed at $15.85, with an exchange of 1,658 units. Jamaica Stock Exchange traded 5,000 shares at $6.90, JMMB Group lost 50 cents to close at $19.50, with 9,100 units changing hands, Kingston Properties gained 25 cents, closing at $10.25 with 900 units, Kingston Wharves traded 77 cents higher to close at $27.78, with an exchange of 200 shares, Mayberry Investments closed at $4.50, with a loss of 80 cents trading 2,100 shares, 
NCB Financial Group closed at $72, after exchanging 3,009,420 shares, 1834 Investments closed at $1.50, with 27,400 units changing hands, PanJam Investment exchanged 280 shares at $33.99. Portland JSX Fund closed at $9.95, with a loss of 5 cents trading 18,100 units, Pulse Investments traded 3,859 shares at $17, Radio Jamaica exchanged 117,000 shares at $1.60, Sagicor Group closed at $34.20 trading 36,453 shares while Sagicor Real Estate fund gained 5 cents, closing at $11.15 with 68,441 shares trading. Scotia Group closed at $43.55 exchanging 2,390 shares, Scotia Investments traded 50 cents higher, closing at $37 with 706 units changing hands, Seprod gained $1 to close at $30, with 18,000 units traded while Supreme Ventures closed at $7, as the price lost 50 cents with 90,932 shares changing ownership. Proven Investments closed at 26 US cents trading 18,300 ordinary shares and JMMB Group US 6% preference share closed at US$1.13, with a gain of 0.01 US cent with 33,500 units traded.
JSE Majors in big recovery on Monday
The main market of the Jamaica Stock Exchange recovered all the losses it incurred on Thursday and Friday and more putting it back ahead of the closing level at the end of trading on Monday last week but below the close of the prior trading day. The All Jamaica Composite Index jumped 2,627.40 points to close at 259,160.39, the JSE Market Index climbed 2,393.86 points to 236,124.47 and the JSE US dollar market index gained 12.75 points to 200.45.
At the close of trading, 24 securities changed hands in the main market with 1 trading in the US dollar market, leading to 12 stocks advancing and 9 declining. Trading in the main market ended with 2,726,092 units valued at just $27,555,950 changing hands compared to 4,265,878 units valued at $141,120,152 at the close on Friday. Trading in the US dollar market accounted for 5,100 units valued at US$1,326.
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 6 stocks with bids higher than their last selling prices and 1 with a lower offer.
The main market ended trading with an average of 113,587 units valued at a mere $1,148,165 for every security traded compared to an average of 185,473 units valued at a mere $6,135,659 on Friday.
The average volume and value for the month to date ended at 207,165 units with an average value of $4,250,279 compared with an average of 214,963 units with an average value of $4,508,789 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Barita Investments gained 95 cents to close at $7, with an exchange of a mere 300 shares, Berger Paints gained 51 cents and closed at $17.82, with 39,256 shares trading, Cable and Wireless closed at $1.20, with 83,500 stock units changing hands, Caribbean Cement closed at $26.50, losing 50 cents in trading 2,000 shares, Carreras fell 11 cents in exchanging 1,359 units at $86.79, Grace Kennedy closed at $41, with 61,334 units changing hands, Jamaica Broilers closed at $17.62, with a loss of 38 cents trading 207,100 shares, Jamaica Producers lost 15 cents to close at $15.85, with an exchange of 2,658 units. Jamaica Stock Exchange lost 10 cents to close at $6.90 exchanging 2,029,200 shares, JMMB Group gained $1 to close at $20 trading 5,128 units, Kingston Properties traded 224 shares at $10, 
Mayberry Investments gained 30 cents to close at $5.30, trading of 17,037 units, NCB Financial Group traded $1 higher to close at $72, after exchanging 14,563 shares, 1834 Investments closed at $1.50, gaining 15 cents with 12,600 units changing hands, PanJam Investment gained 69 cents, in closing at $33.99 trading 672 shares. Portland JSX closed at $10, with gains of 5 cents, exchanging 20,000 units, Pulse Investments traded 50 cents lower to close at $17, with 1,649 shares changing owners, Sagicor Group closed at $34.20, losing 54 cents while trading 33,954 shares. Salada Foods closed at $10, with an exchange of 1,428 units, Scotia Group gained 55 cents to end at $43.55, trading 69,399 shares, Seprod lost 50 cents to close at $29, with 1,000 units traded while Supreme Ventures closed at $7.50, after gaining 24 cents with 71,331 shares changing hands. Proven Investments closed at 26 US cents, with gains of 0.02 US cents in trading 5,100 ordinary shares, JMMB 7. 5% preference share closed at $2, gaining 10 cents with an exchange of 50,000 units and ISP Finance bond traded 5,000 units at a record of $1.10 to gain 10 cents.
JSE main market rose on Wednesday
Trading in the main market of the Jamaica Stock Exchange closed on Wednesday with gains in the market indices but comes against a background of declining stocks out numbering advancing ones. At the close the All Jamaica Composite Index advanced 465.94 points to close at 258,918.00, the JSE Market Index gained 424.53 points to 235,903.63 and the JSE US dollar market index rose 6.89 points to 193.18.
At the close of trading, 22 securities changed hands in the main market with 2 trading in the US dollar market, leading to 5 stocks advancing and 12 declining. Trading in the main market ended with 5,154,113 units valued at $53,288,691 changing hands compared to 11,853,174 units valued at just $109,266,700 at the close on Tuesday. Trading in the US dollar market accounted for 6,586 units valued at US$5,080.
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 5 stocks with bids higher than their last selling prices and 3while with lower offers.
The main market ended trading with an average of 234,278 units valued at $2,422,213 for every security traded compared to an average of 515,355 units valued at $4,750,726 on Tuesday. 
The average volume and value for the month to date ended at 192,597 units with an average value of $3,812,937 compared with an average of 187,966 units with an average value of $4,045,663 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, with a loss of 75 cents exchanging 28,700 shares, Cable and Wireless closed at $1.20, with 2,750 stock units changing hands, Caribbean Cement closed at $26.60, after losing 40 cents trading 38,991 shares, Carreras dropped $7 to close at $82, with an exchange of 1,603 units, Grace Kennedy closed at $41 with trades of 23,804 units, Jamaica Broilers lost 5 cents exchanging 76,020 shares to end at $17.95, Jamaica Producers closed at $14.40, with a loss of 10 cents trading 1,000 units. Jamaica Stock Exchange traded 29 cents lower, to close at $7, with an exchange of 4,058,452 shares, JMMB Group ended at $19.50 trading 13,728 units, Kingston Wharves traded $1.96 lower to end at $28.54 with 8,217 shares changing owners, Mayberry Investments added 10 cents to close at $4.65, with trades of 76,027 units, NCB Financial Group closed at $70.05, losing $1.18 after exchanging 147,890 shares, 
1834 Investments closed at $1.35, gaining 5 cents with 51,470 shares trading. PanJam Investment closed at $34 trading 19,021 shares, Portland JSX exchanged 21,433 units at $9.95, Pulse Investments added 40 cents, to close at $17.40 trading 125 shares, Radio Jamaica closed at $1.66, gaining 1 cent in exchange of 1,000 shares, Sagicor Group closed at $34.20, with a loss of 1 cent trading 77,412 shares and Sagicor Real Estate Fund traded 15 cents higher to close at $11.15 with 403,600 shares exchanged. Scotia Group closed at $42.70, with a loss of $1.15 exchanging 11,613 shares, Seprod closed at $25, losing 49 cents in trading 4,257 shares while Supreme Ventures closed at $7.35, with a loss of 15 cents as 87,000 shares changed hands. Proven Investments exchanged 3,835 ordinary shares at 24 US cents and JMMB Group USD 5.75% preference share closed at US$1.50 with trades of 2,751 units.
JSE indices in big dive on Monday
The main market indices of the Jamaica Stock Exchange dropped sharply at the close on Monday with a number of stocks declining out pacing those advancing by some distance. The All Jamaica Composite Index declined 2,339.28 points to close at 258,282.96, the JSE Market Index fell 2,131.35 points to 235,325.03 and the JSE US dollar market index gained 0.45 points to 200.45.
At the close of trading, 26 securities changed hands in the main market with 1 trading in the US dollar market, leading to 7 stocks advancing and 12 declining and one traded at a 52 weeks’ intraday high. Trading in the main market ended with more shares traded on Monday than on Friday but with less value. The volume traded ended with 5,146,243 units valued at $51,796,808 changing hands compared to 3,645,879 units valued at $88,098,872 at the close on Friday. Trading in the US dollar market accounted for 2,720 units valued at US$707.
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 10 stocks with bids higher than their last selling prices and 1 with lower offers.
The main market ended trading with an average of 197,932 units valued at $1,992,185 for every security traded compared to an average of 140,226 units valued at a mere $3,388,418 on Friday. The average volume and value for the month to date ended at 147,042 units with an average value of $3,957,530 compared with an average of 139,772 units with an average value of $4,238,293 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Barita Investments closed at $7 exchanging 10,000 units, Berger Paints closed at $19, with gains of 25 cents trading 5,555 shares, Cable and Wireless traded 9 cents lower to close at $1.16, with an exchange of 37,000 stock units, Caribbean Cement closed at $26.35, with a loss of $1.65 trading 31,186 shares, Carreras exchanged 8,057 shares at $89, Grace Kennedy closed at $40.90, losing $2.10, trading 231,886 units, Jamaica Broilers gained 35 cents to close at $18, with 130,40 shares changing hands, Jamaica Producers closed at $14.10, with a loss of $1.90 trading 51,088 units. Jamaica Stock Exchange traded 20 cents lower to close at $7, with an exchange of 86,306 shares, JMMB Group lost 50 cents to close at $20.50, exchanging 24,890 units, Kingston Wharves closed at $30.50, with 14,734 shares traded, Mayberry Investments lost 57 cents to close at $4.50, with trades of 15,000 units, NCB Financial Group closed at $71.50, after exchanging 206,040 shares, 1834 Investments closed at $1.30, losing 15 cents with 931,796 shares changing hands. PanJam Investment closed at $33, with a loss of $1 trading 4,200 shares, 
Portland JSXtraded 5 cents lower to close at $9.95, with an exchange of 1,000 units, Pulse Investments lost 40 cents, closing at $16.10 trading 5,520 shares, Radio Jamaica closed at $1.66 exchanging 936,672 shares, Sagicor Group closed at $34.25, losing 13 cents with trades of 21,918 shares, Sagicor Real Estate Fund traded 30 cents higher to close at $10.70 with 25,561 shares being exchanged. Salada Foods gained $1, closing at a 52 weeks’ high of $11 with 220 units changing hands, Scotia Group closed at $42.60, with gains of 59 cents exchanging 195,958 shares, Seprod closed at $29.50 trading 200,548 shares, Sterling Investments exchanged 3,100 units at $15.50 while Supreme Ventures traded 1 cent higher to close at $7.50, with 65,203 shares changing hands. Proven Investments gained 0.02 US cents trading 2,720 ordinary shares to close at 26 US cents and JMMB Group 7.5% preference share closed at $1.15, with trades of 1,902,400 units.
JSE main market drops on Thursday
JSE headquarters in downtown Kingston.
The main market of the Jamaica Stock Exchange closed much lower than on Thursday than on Wednesday with the All Jamaica Composite Index dropping 1,555.59 points to close at 260,937.31. The JSE Market Index dived 1,417.31 points to 237,743.45 and the JSE US dollar market index lost 0.83 points to 213.20.
At the close of trading, 29 securities changed hands including 1 trading in the US dollar market, leading to 10 stocks advancing and 9 declining. Trading in the main market ended with 6,887,167 units valued at $169,323,809 changing hands compared to 5,393,689 units valued at $311,918,709 at the close on Wednesday. Trading in the US dollar market accounted for 15,950 units valued at US$4,466.
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 4 with lower offers.
The main market ended trading with an average of 255,080 units valued at a mere $6,271,252 for every security traded compared to an average of 215,748 units valued at a mere $12,476,748 on Monday. The average volume and value for the month to date ended at 139,696 units with an average value of $4,379,939 compared with an average of 116,619 units with an average value of $4,001,676 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 lost 75 cents to close at $18.75, with 128,862 shares changing hands, Cable and Wireless traded 450,000 stock units at $1.25, Caribbean Cement closed at $27, after falling $1.82 exchanging 5,536 shares, Carreras added $1, closing at $85, with 17,467 shares changing hands, Grace Kennedy closed at $42.97, gaining 2 cents with trades of 14,102 units, Jamaica Broilers gained 15 cents to close at $17.65, with 6,225 shares exchanged, Jamaica Producers closed at $16, with 100,266 units changing hands. Jamaica Stock Exchange traded 10 cents lower to close at $7 trading 26,494 shares, JMMB Group closed at $19, with a loss of $1 exchanging 2,631,555 units, Kingston Wharves closed at $32, gaining $1 trading 74,207 shares, NCB Financial Group closed at $71, with gains of $1 after exchanging 96,597 shares, 138 Student Living closed at $4.49 trading 13,000 units, 1834 Investments lost 1 cent to close at $1.54, with 5,842 shares changing owners. Palace Amusement exchanged 1,167 units at $340, PanJam Investment closed at $34.70, with an exchange of 3,000 shares, 
Portland JSX traded 15 cents lower to close at $10, with 12,531 units trading, Pulse Investments advanced $2.50, closing at $17 trading 11,000 shares, Radio Jamaica added 3 cents to close at $1.70 exchanging 8,621 shares, Sagicor Group closed at $34.35, gaining 10 cents with an exchange of 2,756,521 shares, Sagicor Real Estate Fund traded 20 cents slower to close at $10.80 with 2,741 shares traded. Scotia Group added 30 cents to close at $43.80 while exchanging 18,028 shares, Scotia Investments dropped $1.50 and closed at $36.50, with 3,300 shares changing hands, Seprod closed at $29.90, trading 9,100 shares, Sterling Investments lost $1.80 to close at $15.10, with an exchange of 328,000 units while Supreme Ventures traded 124,005 shares at $7.50. Proven Investments traded 15,950 ordinary shares at 28 US cents Sterling Investments US dollar listing traded 1,000 units at 11 US cents and JMMB Group 7.5% preference share closed at $1.15, with trades of 37,000 units.
NCB dominates trading Wednesday
NCBFiniancial Group traded more than 4 million shares on Wednesday.
NCB Financial Group dominated trading with more than 4 million shares valued at $286,797,356. The trade accounted for 92 percent of the value traded on the main market of the Jamaica Stock Exchange on Wednesday.
Trading in the main market ended with 5,393,689 units valued at $311,918,709. The US dollar market accounted for 195,859 units valued at US$55,370. On Tuesday, the main market accounted for 1,999,970 units valued at just $31,629,345, well below normal levels.
At the close of the market, the All Jamaica Composite Index rose 338.37 points to close at 262,492.90, the JSE Market Index gained 308.29 points to 239,160.76 and the JSE US dollar market index lost 0.43 points to 214.03.
At the close of trading, 25 securities changed hands with 3 trading in the US dollar market, leading to 7 stocks advancing and 9 declining.
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 4 with lower offers.
The main market ended trading with an average of 215,748 units valued at a mere $12,476,748 for each security traded, compared to an average of 74,073 units valued at $1,171,457 on Tuesday. The average volume and value for the month to date ended at 116,619 units with an average value of $4,001,676 compared with an average of 91,837 units with an average value of $1,882,908 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Barita Investments traded 8 cents lower to close at $7.02, with an exchange of 1,500 shares, Berger Paints closed at $19.50, with gains of 75 cents, trading 2,417 shares, Cable and Wireless exchanged 171,723 stock units at $1.25, Caribbean Cement closed at $28.82, losing 18 cents with 97,166 shares traded, Carreras lost 1 cent, closing at $84, with 53,352 shares changing hands, Grace Kennedy closed at $42.95, with 12,043 units trading, Jamaica Broilers traded 25,692 shares at $17.50, , Jamaica Producers lost 10 cents to close at $16, with 12,947 units changing hands. Jamaica Stock Exchange closed at $7.10, trading 37,700 shares, JMMB Group exchanged 236,760 units at $20, with a loss of 88 cents, Kingston Wharves closed at $31 while losing of 40 cents in exchanging 24,529 shares, Mayberry Investments gained 9 cents to close at $5.08, with 90,380 shares traded, NCB Financial Group closed at $70, after losing 80 cents in exchanging 4,079,621 shares, 138 Student Living closed at $4.49 trading 1,055 units, 1834 Investments gained 12 cents to close at $1.55, with 2,498 shares changing ownership. 
PanJam Investment closed at $34.70, with an exchange of 19,793 shares, Portland JSX traded 2,800 units at $10.15, Radio Jamaica gained 2 cents to close at $1.67 exchanging 195,500 shares, Sagicor Group closed at $34.25, losing 55 cents with an exchange of 30,881 shares, Sagicor Real Estate Fund traded 41,866 shares at $11. Scotia Group closed at $43.50 exchanging 60,031 shares, Scotia Investments traded 15 cents higher to close at $38, with 111,026 shares changing ownership, Seprod closed at $29.90, trading 12,511 shares while Supreme Ventures gained 10 cents to close at $7.50 exchanging 26,886 shares. Margaritaville Turks gained 0.01 US cent to close at 35 US cents, with 6,500 ordinary shares changing hands, Proven Investments lost 0.29 US cents in trading 188,359 ordinary shares at 28 US cents, Sterling Investments US ordinary share, closed at 11 US cents with 1,000 units exchanged and JMMB Group 7.5% preference share closed at $1.15, with trades of 43,012 units.