Stocks dive again on JSE – Wednesday

The sharp fall in prices on the Jamaica Stock Exchange main market continued on Wednesday closed with 19 declining just 8 rising and 7 holding firm and making big dents into the market indices.
At the close, the All Jamaica Composite Index diving 5,114.14 points to 409,805.35 and the JSE Index declined by 4,659.56 points to close at 373,379.06.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading shows 5 stocks ending with bids higher than the last selling prices and 1 closing with a lower offer.
A total of 34 securities traded including 2 in the US dollar market, compared to 32 trading on Tuesday.
Trading ended with 3,255,602 units valued at $64,853,916 changing hands, compared with 3,865,461 units valued at $98,334,906 on Tuesday.
Trading closed with JMMB Group leading with 842,614 units and 25.9 percent of the day’s volume, followed by Carreras with 569,061 units and 17.5 percent of volume traded and Ciboney trading 500,000 units or 15.4 percent of the day’s volume.
Trading resulted in an average of 101,738 units valued at over $2,026,685, in contrast to 128,849 shares valued at $3,277,830 on Tuesday. The average volume and value for the month to date amounts to 357,984 shares, valued $6,357,141 and previously, 382,244 shares, valued $6,804,156. September closed, with an average of 1,022,243 shares valued $15,752,876, for each security traded.
In the main market activity, Grace Kennedy rose 69 cents and ended trading 6,606 shares at $59.30, Jamaica Producers dropped 50 cents to close of $29.50 with 50,226 units changing hands, JMMB Group dropped $3.50 and ended at $31.50, with 842,614 shares trading. Kingston Wharves fell 43 cents in exchanging 11,112 stock units, to close at $82.07, NCB Financial Group lost 60 cents and ended at $128.40, trading 73,778 shares, Pulse Investments shed 30 cents to $2.50 trading 1,000 shares, Sagicor Group dropped $4.47 to $42.03, trading 100,416 shares, Sagicor Real Estate Fund lost 50 cents to close at $14, trading 14,745 shares, Salada Foods lost 55 cents and ended trading at $24.95, with 7,800 stock units, Scotia Group dropped $2.99 trading 46,233 units to close at $56.01, Seprod lost $4.40 and finished trading at $35.60, with 15,764 shares changing hands, Stanley Motta lost 45 cents in closing at $4.55 trading 67,400 shares, Sterling Investments gained 80 cents and closed at $23.30, with 250 shares and Supreme Ventures fell $2.48 to end at $17.51, with 89,967 shares changing hands.
Trading in the US dollar market closed with 32,239 units valued at US$4,310 changing hands as Proven Investments ended trading 7,639 to close at 21 US cents and Sygnus Credit Investments US dollar ordinary share traded 24,600 units to end at 11 US cents. The JSE USD Equities Index closed unchanged at 167.78.

Record high for JSE – Friday

The Jamaica Stock Exchange main market captured another record high, in trading on Friday, with the All Jamaica Composite Index hitting 419,855.25 with just 40 minutes before midday.
The market pulled back by the close to end at a record close to be up by 32 percent for the year. At the end of trading, the All Jamaica Composite Index advanced by 1,454.53 points to record closing high of 418,450.70 and the JSE Index gained 1,325.24 points to record close of 381,255.95.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading shows 9 stocks ending with bids higher than the last selling prices and 2 closing with lower offers.
A total of 30 securities traded including 1 in the US dollar market, compared to 32 trading on Thursday with the prices of 11 securities rising, 16 declining and 3 holding firm.
Barita Investments ended at a 52 weeks’ closing high of $20, Mayberry Investments closed at an all-time high of $11.50, and Jamaica Producers ended at a 52 weeks’ closing high of $33 and Sagicor Group traded at a 52 weeks’ intraday high of $43.01.
Trading ended with 17,261,656 units valued at $203,142,878 changing hands, compared with 5,137,117 units valued at $72,997,097 on Thursday.
Trading closed with Wisynco Group with 8,160,974 units and 47.3 percent of the day’s volume, dominating trading, followed by JMMB Group 7.5% preference share with 6 million units and 34.75 percent of volume traded and Scotia Group trading 960,106 units or 5.6 percent of the day’s volume.
Trading resulted in an average of 595,230 units valued at $7,004,927, in contrast to 197,581 shares valued at $2,807,581 on Thursday. The average volume and value for the month to date amounts to 406,926 shares, valued $7,181,976 and previously, 387,353 shares, valued $7,202,432. September closed, with an average of 1,022,243 shares valued $15,752,876, for each security traded.
In the main market activity, Barita Investments gained 50 cents and closed at a 52 weeks’ high of $20, trading with 10,951 shares, Grace Kennedy lost $1.48 and ended trading at $59.50, exchanging 93,322 shares. Jamaica Broilers jumped $3.87 in trading 44,646 stock units to close at $32.42, Jamaica Producers finished $3 higher to a record close of $33 with 9,964 units changing hands, JMMB Group gained $1.01 and ended at $35.01, trading 21,829 shares, Kingston Wharves fell 50 cents in exchanging 10,448 stock units, to close at $82, PanJam Investment closed 70 cents higher to $65.50, with 40,350 stock units trading, Sagicor Real Estate Fund rose 40 cents to $14.90, trading 11,223 shares, Salada Foods fell $1 to $25.50 in trading 550 shares, Scotia Group lost $1.10 trading 960,106 units to close at $58, Seprod dropped sharply by $12.50 and finished trading at $49.50, with 2,000 shares changing hands, Supreme Ventures dived $3.39 to end at $17.51, with 69,706 shares changing hands and Wisynco Group advanced 45 cents to end at $10.30, trading 8,160,974 shares.
Trading in the US dollar market closed with 4,897 units valued at US$1,046, changing hands as Proven Investments was the sole stock trading and fell 1 cent to close at 21 US cents. The JSE USD Equities Index lost 2.53 points to 168.68.

JSE in sharp drop on Wednesday

The Jamaica Stock Exchange main market dropped sharply on Wednesday with increased market activity but with rising stocks outpacing falling ones by 80 percent.
At the end of trading, All Jamaica Composite Index dropped 3,927.81 points to 412,448.36 and the JSE Index declined by 3,578.68 points to close at 375,787.14.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading shows 5 stocks ending with bids higher than the last selling prices and 2 closing with lower offers, suggesting a fairly even match, between rising and declining stocks on Thursday.
A total of 32 securities traded, including 3 in the US dollar market, compared to 31 trading on Tuesday with the prices of 14 securities rising, 8 declining and 10 holding firm.
Jamaica Producers traded at 52 weeks’ high during the day, of $33 and Jamaica Stock Exchange traded at an intraday high of $9.20, but both fell back by the close, while Mayberry Investments closed at an all-time high of $10. Barita Investments ended at a 52 weeks’ closing high of $19.50, Salada Foods closed at a 52 weeks’ high of $26 and Radio Jamaica traded at a 52 weeks’ intraday low of 80 cents.
Trading ended with major contraction in the value of trades in the main market, compared to Tuesday’s levels, with 16,795,459 units valued at $285,223,377 versus  9,264,518 units valued at $430,892,380 changing hands on Tuesday.
Trading closed with Wisynco Group leading with 10,860,918 units accounting for 64.67 percent of the day’s volume, followed by Grace Kennedy with 1,515,091 units or 9 percent of total volume traded and Supreme Ventures with 1,278,248 units and 7.6 percent of the day’s volume.
Trading resulted in an average of 559,849 units valued at $9,507,446, in contrast to 330,876 shares valued at $15,389,014 on Tuesday. The average volume and value for the month to date amounts to 406,855 shares, valued $7,710,282 and previously, 386,273 shares, valued $7,433,795. September closed, with an average of 1,022,243 shares valued $15,752,876, for each security traded.
In the main market activity, Barita Investments rose 70 cents to end at a 52 weeks’ close at $19.50, trading 8,100 shares, Caribbean Cement rose 86 cents to finish at $49.95, in exchanging 34,400 shares, Grace Kennedy lost 55 cents and ended trading 1,515,091 shares at $60.95, Jamaica Broilers declined by 41 cents in trading 63,380 stock units to close at $32, JMMB Group rose $1 and ended at $37, with 395,580 shares, Kingston Wharves jumped $8 in exchanging 1,670 stock units, to close at $83, Mayberry Investments rose 80 cents to finish at a record $10, trading 101,446 stock units, NCB Financial Group lost $2 and settled at $128, with 159,788 units, 138 Student Living fell 40 cents and closed at $4.60, with 279 stock units trading, Salada Foods jumped $5.29 to a record close of $26 in trading just 200 shares, Sagicor Real Estate Fund fell 80 cents to end at $14.20, trading 155,029 shares, Sterling Investments dropped $4.30 and closed at $23.30 with 29,383 shares changing hands, Supreme Ventures dived $5.40 to end at $15.50, with 1,278,248 shares changing hands and Wisynco Group rose 40 cents to $10, trading 10,860,918 shares.
Trading in the US dollar market closed with 50,462 units valued at $10,394, changing hands, Proven Investments traded 45,387 shares to close at 22 US cents and Sygnus Credit 5,075 units and rose 0.5 cents to end at 11.5 US cents. The JSE USD Equities Index lost 1.02 points to 170.72.

All Jamaica hits new record but falters

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The Jamaica Stock Exchange main market declined on Monday after posting another intraday high of 418,00.53 Points.
At the end of trading, All Jamaica Composite Index lost 1,050.58 points to close at 415,905.53 and the JSE Index fell 957.20 points to 378,937.01.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading shows 8 stocks ending with bids higher than the last selling prices and 4 closing with lower offers, suggesting mostly gains ahead for stocks.
A total of 27 securities traded including 2 in the US dollar market, compared to 32 trading on Friday with the prices of 13 securities rising, 7 declining and 7 holding firm.
There were 6 securities trading at 52 weeks’ highs during the day, with just ending at a 52 weeks’ closing highs. Stocks trading at new highs are Mayberry Investments, JMMB Group, NCB Financial Group and PanJam Investment, while Radio Jamaica ended at a 52 weeks’ low.
Trading ended with major contraction in trading volume in the main market compared to Friday’s levels, with 13,217,499 units valued at $228,334,356 compared to 3,405,863 units valued at $88,834,288 changing hands on Friday.
Trading closed with Wisynco Group led with 10,075,318 units and 76.23 percent of the day’s volume followed by NCB Financial Group with 609,701 units or 4.61 percent of the day’s volume and Jamaica Producers with 551,409 units or just 4.17 percent of the volume traded.
Trading resulted in an average of 528,700 units valued at over $9,133,374, in contrast to 117,444 shares valued at $3,063,251 on Friday. The average volume and value for the month to date amounts to 394,228 shares, valued $6,099,986 and previously, 448,288 shares, valued $6,994,366. September closed, with an average of 1,022,243 shares valued $15,752,876, for each security traded.
In the main market activity, Caribbean Cement gained 90 cents to finish at $50, in exchanging 5,195 shares, Grace Kennedy rose $1 and ended trading 14,811 shares at $62, Jamaica Broilers rose 51 cents in trading 42,674 stock units stock units to close at $33, Jamaica Producers rose 49 cents and finished trading 551,409 units at $29.50 Mayberry Investments rose 50 cents to finish at $9.50, trading 134,512 stock units, NCB Financial Group dropped $3.50 trading 609,701 shares to end at $130, PanJam Investment fell 89 cents and closed at $64.01,with 40,270 stock units trading, Sagicor Group gained $1.05 to settle at $41.05, with 24,540 shares, Sagicor Real Estate Fund lost $1 to end at $14, trading 113,782 shares, Scotia Group rose $1 in trading 256,277 units to close at $61, Seprod jumped $2.20 in trading 3,289 shares to close at $49, Stanley Motta rose 75 cents to close at $5.25 with 15,863 shares trading Sterling Investments jumped $2.99 and closed at a 52 weeks’ high of $25 with 22,000 shares changing hands and Sygnus Credit Investments lost 36 cents in trading 18,302 shares to end at $12.51.
Trading in the US dollar market closed with 54.335 units valued at $8,377, changing hands. Proven Investments traded 20,000 shares to close at 23 US cents and Sygnus Credit Investments US dollar based ordinary share traded 34,335 units to end at 11 US cents. The JSE USD Equities Index gained 0.12 points to 175.27.

More records signaled for JSE

Jamaica Stock Exchange main market climbed to another record close on Wednesday past the 408,000 points mark based on the movement of the All Jamaica Composite Index. Closing quotes suggest that the market should move higher on Thursday.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading shows 10 stocks ended with bids higher than their last selling prices and only 1 closing with a lower offer, suggesting mostly gains ahead for stocks.
At the end of trading All Jamaica Composite Index climbed 3,109.71 points to close at a record closing high of 408,452.60 and the JSE Index jumped 2,833.30 points to a record close of 372,146.54.
A total of 32 securities traded including 3 in the US dollar market, compared to 29 trading on Tuesday with the prices of 20 securities rising, 5 declining and 4 that held firm. The market had 4 new highs during trading but ended with just two closing at a 52 weeks’ high.
The main market ended with 2,630,637 units valued at over $70,273,331 changing hands, compared to 3,284,901 units valued at $66,139,568 changing hands on Tuesday.
Trading closed with JMMB Group accounting for with 740,000 shares or 19.22 percent of the day’s volume, followed by Sagicor Group with 539,066 units and 14 percent of the volume traded and Grace Kennedy with 434,750 units and 11.3 percent of the day’s volume.
Trading resulted in an average of 132,745 units valued at over $3,474,891, in contrast to 97,431 shares valued at $2,602,716 on Tuesday. The average volume and value for the month to date amounts to 114,884 shares valued $2,790,409 and previously, 105,635 shares valued $2,435,945. September closed, with an average of 1,022,243 shares valued $15,752,876, for each security traded.
In the main market activity, Berger Paints dropped $1.50 and ended at $21, trading 12,969 stock units, Caribbean Cement lost 90 cents to finish at $49.10, in trading 20,497 shares, Jamaica Broilers rose $1 in trading 25,397 stock units at $31, Jamaica Producers lost $2 to close at $30, trading 204,464 stock units, Kingston Wharves added $1.10 to close at a record $75.10, with 6,139 stock units changing hands, Mayberry Equities rose 15 cents to finish at closing high of $11.60, trading 122,247 stock units, PanJam Investment rose 5 cents and ended at 52 weeks’ closing high of $64.90, while exchanging 3,376 stock units, Portland JSX ended at $9 with 19,245 units trading after falling 50 cents, Pulse Investments lost 40 cents and concluded trading of 24,989 shares at $2.40, Sterling Investments close at $24, with 19,180 shares changing hands after trading at an all-time intraday high of $28 and Supreme Ventures rose $1.50 in trading 88,917 shares to end at $21.
Trading in the US dollar market closed with 70,385 units valued at $22,180 as JMMB Group 6 percent preference share concluded trading of 50,000 shares at $1.06, Margaritaville rose 4.1 cents and ended at $0.24 with 1,200 shares trading and Proven Investments traded 3,200 shares to close at 23 US cents. The JSE USD Equities Index advanced by 1.73 points to close at 174.64.

New record high for JSE main market

Jamaica Stock Exchange main market surged past the 405,000 points for the first time based on the movement of the All Jamaica Composite Index on Tuesday aided by the prices of 20 stocks rising.
At the end of trading All Jamaica Composite Index advanced 2,242.60 points to a record close of 405,342.89 and the JSE Index rose 2,043.26 points to a record close of 369,313.24.
A total of 29 securities traded including 2 in the US dollar market, compared to 33 trading on Monday with the prices of 20 securities rising, 5 declining and 4 that held firm. The market closed with 4 new highs with three closing at a 52 weeks’ high and Radio Jamaica trading at a 52 week’s low of 90 cents.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and only 2 closing with lower offers.
The main market ended with 2,630,637 units valued at over $70,273,331 changing hands, compared to 3,284,901 units valued at $66,139,568 changing hands on Monday.
Trading closed with Sagicor Real Estate Fund accounting for 598,360 units or 22.75 percent of the day’s volume, followed by Wisynco Group with 522,434 units and 19.86 percent of the volume traded and NCB Financial Group with 211,075 units and 8 percent of the day’s volume.
Trading resulted in an average of 97,431 units valued at over $2,602,716, in contrast to 113,272 shares valued at $2,280,675 on Monday. The average volume and value for the month to date amounts to 1,022,243 shares valued $15,752,876. September closed, with an average of 1,022,243 shares valued $15,752,876, for each security traded.
In the main market activity, Caribbean Cement rose $2 to finish at $50, in trading 157,526 shares, Grace Kennedy climbed $3 and ended trading 39,239 shares at a 52 weeks’ high of $63, Jamaica Producers rose $4 to close at 52 weeks’ closing high of $32, trading 59,422 stock units, JMMB Group gained 49 cents and ended at $32.99, with 150,136 shares trading, Kingston Wharves added $2 to close at $74, with 5,513 stock units changing hands, Mayberry Investments climbed 25 cents to finish at $8.50, with 93,300 stock units trading, Mayberry Equities rose 45 cents to finish at $11.45, trading 21,567 stock units, NCB Financial Group climbed $1.25 and ended trading of 211,075 shares at $130, while 138 Student Living rose $1.20 and finished at $5 while trading 10,000 stock units, PanJam Investment jumped 35 cents and ended at 52 weeks’ closing high of $64.85, while exchanging 76,624 stock units, Portland JSX climbed $1.15 and ended at $9.50, in exchanging 51,000 units. Sagicor Real Estate Fund jumped $1.89 to settle at $13, trading 598,360 shares, Salada Foods rose $1.20 and ended trading of 101,826 stock units at 52 weeks’ high of $20, Seprod traded 1,605 units after gaining 50 cents to close at $43.50, Scotia Group lost $1.10 trading 6,756 units to close at $60.90, Sterling Investments jumped $1 to end at a 52 weeks’ closing high at $24, with 22,457 shares changing hands and Supreme Ventures dropped $4.40 in trading 27,237 shares to end at $19.50.
Trading in the US dollar market closed with 70,385 units valued at $22,180 as JMMB Group 5.75 percent preference share concluded trading of 3,385 shares at $2 and Proven Investments traded 67,000 shares and rose 3 cents to close at 23 US cents. The JSE USD Equities Index advanced by 11.88 points to close at 172.91.

Q4 off to record high for JSE majors

Stocks surged to new record high on the Jamaica Stock Exchange main market at the start of October, as the market opened, with the All Jamaica Composite Index jumping within 535 points of the critical 400,000 mark and with 35 minutes of trading, it climbed over 400,000 points for the first time.
At the end of trading All Jamaica Composite Index jumped 9,823 points to a record close of 403,100.29 after it earlier jumped 10,773.36 points with just 13 minutes to close and the JSE Index surged 8,949.87 points to a record close of 366,558.39 after trading higher to a record intraday high of 368,135.86.
A total of 33 securities traded including 4 in the US dollar market, compared to 32 trading on Friday with the prices of 10 securities rising, 12 declined and 11 held firm. The market closed with 3 new highs and Radio Jamaica trading at a 52 week’s low of 92 cents.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and only 2 closing with a lower offer.
The main market ended with 3,284,901 units valued at $66,139,568 changing hands, compared to 7,891,758 units valued at $231,891,130 changing hands on Friday.
Trading closed with Sagicor Real Estate Fund accounting for 1,221,240 units or 37.18 percent of the day’s volume, followed by with 342,484 units and 10.43 percent of the volume traded and with 252,932 units 7.70 percent of the day’s volume.
Trading resulted in an average of 113,272 units valued at $2,280,675 units, in contrast to 281,849 shares valued at $8,281,826 on Friday. September closed, with an average of 1,022,243 shares valued $15,752,876, for each security traded.
In the main market activity, Barita Investments lost 49 cents to close at $18.51, in trading 9,748 shares, Caribbean Cement rose 96 cents to finish at $48, in the trading of 8,500 stock units, Jamaica Producers rose $2 to close at 52 weeks’ closing high of $28, trading 10,364 stock units, Kingston Wharves lost $2 to $72, with 4,140 stock units changing hands, Mayberry Investments climbed 25 cents to finish at $8.25, with 32,181 stock units trading, NCB Financial Group climbed $3.75 and ended trading of 77,954 shares at $128.75, PanJam Investment jumped $6.50 and ended at 52 weeks’ closing high of $64.50, while exchanging 3,510 stock units, Sagicor Group gained 90 cents to settle at $39, in the trading of 157,640 shares. Sagicor Real Estate Fund dived $2.39 to settle at $11.11, trading 1,221,240 shares, Scotia Group rose $2 trading 64,186 units to close at $62.00, Sterling Investments jumped $1 to end at a 52 weeks’ closing high at $23, with 3,352 shares changing hands and Sygnus Credit Investments traded 12,500 shares and fell 50 cents to end at $12.50.

Trading in the US dollar market closed with 20,932 units valued at $7,170 as JMMB Group 5.75 percent preference share concluded trading of 2,500 shares at $2, Proven Investments traded 2,088 shares at 20 US cents, Sygnus Credit Investments US dollar based ordinary share traded 7,500 units but lost 1 cent to end at 10 US cents and Sygnus Credit Investments US dollar based ordinary share traded 8,844 units to end at 11 US cents. The JSE USD Equities Index declined by 0.63 points to close at 161.03.

Record JSE close for September

The Jamaica Stock Exchange, surged sharply for the second trading day with the All Jamaica Composite Index jumping 5,287 points to a record close of 393,277.29 and a gain of more than 10,500 points gain in just two days.
The main market closed on 14 trading days at record high for September helping to bring the gains in the market for the year to 24.3 percent.

The JSE Index that climbed by 4,768.22 points on Thursday, jumped another 4,817.06 points to close at 358,320.11, to be up a strong 9,585 points in just two days.
A total of 32 securities traded including 4 in the US dollar market, compared to 30 trading on Thursday with the prices of 15 securities rose and 8 declined and just 9 held firm.
Mayberry Jamaican Equities closed at a 52 weeks’ high of $11.15, PanJam Investment traded at an intraday high of $64.90 but closed lower than Thursday closing price, while Sterling Investments closed at a new high of $22 and Supreme Ventures closed at a record high of $24.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading is very strong for continuation of the market’s rally and shows 8 stocks ended with bids higher than their last selling prices and only 4 closing with a lower offer.
The main market ended with 7,891,758 units valued at over $231,891,130 changing hands, compared to 269,506,497 units valued at $3,571,606,905 changing hands on Thursday. Trading closed with  Wisynco Group exchanging 1,958,391 units accounting for 24.8 percent of the day’s volume, followed by Jamaica Broilers with 1,868,677 units and 23.68 percent of total volume and Mayberry Jamaican Equities with 923,865 units and just 11.7 percent of the day’s volume.
Trading resulted in an average of 281,849 units valued at over $8,281,826, in contrast to 10,365,635 shares valued at $137,369,496 on Thursday. The average volume and value for the month to date amounts to 1,022,243 shares valued $15,752,876, compared to 579,751 shares valued $9,695,343 changed hands on the immediately preceding trading day. August closed, with an average of 224,564 shares valued at $4,310,285, for each security traded.
In the main market activity, Barita Investments rose $1 and closed at $19, trading 3,965 shares, Caribbean Cement shed $1.96 to finish at $47.04, in the trading of 803,000 stock units, Grace Kennedy gained $1.01 and settled at $60, with 128,848 shares changing hands. Jamaica Broilers jumped $1.50 to $30 and ended trading of 1,868,677 shares, Jamaica Producers lost $1 to close at $26, trading 34,657 stock units, Jamaica Stock Exchange rose 20 cents and finished trading 150,000 units at $8.20, JMMB Group rose 35 cents and closed at $32.50, with an exchange of 56,396 shares. Kingston Wharves rose $2 to $74, with 16,204 stock units changing hands, Mayberry Jamaican Equities climbed 65 cents to finish at 52 weeks’ closing high of $11.15, with 923,865 stock units trading, NCB Financial Group climbed $4 and ended trading of 470,875 shares at $125, PanJam Investment shed $2 and ended at $58, while exchanging 405,279 stock units, Sagicor Real Estate Fund gained 45 cents to settle at $13.50, trading 122,949 shares, Sterling Investments jumped $3 to end at a 52 weeks’ closing high at $22, with 48,709 shares changing hands Supreme Ventures gained $7 and ended at an all-time high of $24, as 40,497 shares traded, Sygnus Credit Investments traded 1,800 shares and rose 70 cents to end at $13 and Wisynco Group rose 35 cents and concluded trading of 1,958,391 stock units at $9.45.
Trading in the US dollar market closed with 48,266 units valued at $7,252 as JMMB Group 5.75% preference share concluded trading of 10,500 shares at $2, Productivity Business ended trading 14,100 shares and increased 4 cents to close at 59 cents and Proven Investments traded 7,115 shares at 20 US cents and Sygnus Credit Investments traded 13,543 units but lost 1 cent to end at 11 US cents. The JSE USD Equities Index gained 2.60 points to close at 161.66.

JSE main market in big jump – Thursday

Sterling Investments jumps to a high of $19 after split announcement.

The Jamaica Stock Exchange enjoyed a big day on Thursday with gains of more than 4,700 points in the market indices as the prices of 13 securities rose and 7 declined and just 10 held firm.
At the close of trading, the All Jamaica Composite Index surged by 5,233.40 points to close at 387,990.29 and the JSE Index jumped by 4,768.22 points to 353,503.05.
Sterling Investments ended at a 52 weeks’ closing high at $19, PanJam Investment traded at closing 52 weeks’ high of $60 while Supreme Ventures close trading at a 52 weeks’ high of $17.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading is very strong for continuation of the market’s rally and shows 8 stocks ended with bids higher than their last selling prices and only 4 closing with a lower offer.
A total of 30 securities traded in the main and US dollar markets compared to 34 trading on Wednesday with  Sagicor Real Estate Fund dominating trading with 264,879,865 units in the main market that ended with 269,506,497 units valued at $3,571,606,905 changing hands, compared to 117,820,162 units valued at $2,898,097,993 changing hands on Wednesday when JMMB Group dominated trading with 102,542,622 units and 87.03 percent of the day’s volume.
Trading resulted in an average of 10,365,635 units valued at over $137,369,496, in contrast to 3,681,880 shares valued at $90,565,562 on Wednesday. The average volume and value for the month to date amounts to 1,022,243 shares valued $15,752,876, compared to 579,751 shares valued $9,695,343 traded on the immediately preceding trading day. August closed, with an average of 224,564 shares valued at $4,310,285, for each security traded.
In the main market activity, Caribbean Cement shed $1.01 to finish at $49, in the trading of 29,872 shares, Jamaica Broilers fell 25 cents in trading 391,212 stock units, to close at $28.50, Kingston Wharves rose $1.70 to $72, with 2,000 stock units changing hands, NCB Financial Group climbed $3 and ended trading of 572,945 shares at $121, PanJam Investment climbed $3.76 and ended at 52 weeks’ closing high of $60, while exchanging 4,880 stock units, Sagicor Real Estate Fund gained $1.05 to settle at $13.05, trading 264,879,865 shares, Seprod lost $2.20 and finished trading 11,100 shares at $43, Sterling Investments gained 50 cents to end at a 52 weeks’ closing high at $19, with 290,741 shares changing hands Supreme Ventures gained 50 cents and ended at $17, as 291,464 shares traded and Sygnus Credit Investments traded 99,600 shares and lost $1.20 to end at $12.30.
Trading in the US dollar market closed with 48,266 units valued at $7,252 as 300 units of JMMB Group 6% preference share traded  at $1.06, Margaritaville traded 14,742 units and rose 1 cent to 20 US cents, Proven Investments traded 2,024 shares at 20 US cents and Sygnus Credit Investments traded 31,200 units and rose 1 cent to end at 12 US cents. The JSE USD Equities Index declined 0.25 points to close at 159.06.

JSE All Jamaica surges 7,458 points to record close

The main market of Jamaica Stock Exchange surged to the highest level ever on Wednesday with the All Jamaica Composite Index surging 7,458.32 points to a new record close of 392,602.62 and the JSE Index jumping 6,795.37 points to a record close at 357,705.39.
Market activities resulted in just 29 securities trading, including 2 in the US dollar market compared to 33 securities trading on Tuesday. At the end of trading, the prices of 12 stocks rose, 12 declined and 5 closed trading, unchanged. Three stocks closed at 52 weeks’ high at the close.
The main market ended with 6,162,805 units valued $201,094,929 compared to 4,785,990 units valued at $69,191,788 changing hands, on Tuesday.
The day’s volume was led by, Sagicor Group  with 4,574,803 units, 74.23 percent of the volume traded, followed by Jamaica Stock Exchange with 547,640 and 8.9 percent of main market volume and Carreras with 507,942 units and 8.24 percent of the day’s volume.
Trading resulted in an average of 228,252 units valued at an average of $7,447,960, in contrast to 149,562 units valued at over $2,162,243 on Tuesday. The average volume and value for the month to date amounts to 409,365 shares valued $3,936,656, compared to 433,603 shares valued $4,116,343 traded on the immediately preceding trading day. August closed, with an average of 224,564 shares valued at $4,310,285, for each security traded.
In the main market activity, Barita Investments jumped $2.80 to closed at a record $18.50, trading 8,800 shares, Berger Paints fell 50 cents to $21.50, with 2,525 stock units changing hands, Caribbean Cement lost 75 cents to finish at $47.50, trading 15,870 shares, Grace Kennedy declined by 50 cents and ended trading of 25,183 shares at $57.00, JMMB Group climbed $1 and ended at record $33, with 9,700 shares trading. Kingston Wharves gained $2 and finished at $72 trading 500 stock units, Mayberry Investments gained 36 cents and settled at $8.30, exchanging 3,357 units, NCB Financial Group climbed $3 and ended trading 19,217 shares at $123. Sagicor Real Estate Fund rose $1 to $12 with the trading of 47,657 units, Salada Foods lost $1 to end trading 8,600 stock units at $18, Scotia Group traded 4,883 units after rising $1 to a record closing high of $63 and Sygnus Credit Investments lost $1.03 in trading 58,536 shares to end at $12.50.
Trading in the US dollar market closed with 29,915 units valued at $14,950 as Productivity Business ended trading increased 0.20 cents and completed trading at 55 US cents with 25,300 shares and Proven Investments ended trading with 4,615 shares and declined 0.10 cents to 22 US cents. The JSE USD Equities Index  lost 0.76 points to close at 168.80. The JSE USD Equities Index increased 0.04 points to close at 169.56. IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading is very strong for continuation of the market’s rally and shows 5 stocks ended with bids higher than their last selling prices and 5 closing with lower offers.