JSE majors surged – Thursday

July 14, 2016 by

Grace Kennedy jumped $2.50 to close at $122.50 on Thursday .

Grace Kennedy jumped $2.50 to close at $122.50 on Thursday .

The Jamaica Stock Exchange surged sharply at the close on Thursday resulting in the JSE Market Index surging 2,554.24 points to end at 159,911.42. The all Jamaica Composite Index jumped 2,856.52 points to close at 174,814.69 and the JSE combined index shot up by 3,138.18 points, to end at 170,477.36.
The market closed another day of moderate trading, with 5,066,464 units valued at $183,411,832 changing hands, in all market segments. The junior market accounted for 422,443 units traded valued at $1,648,134, of all trades. A total of 39 securities traded, with the prices of 19 stocks rising, 10 declining, including 8 stocks rising and 6 declining from the junior market, as the main market continues to consolidate while waiting for fresh and important news to move out of the narrow trading range.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 9 stocks with bids higher than their last selling prices and 3 with lower offers, suggesting a day of more subdued gainers on Friday versus the numbers on Thursday.
At the end of market activities, ICI JSE sum 14-07-16Berger Paints traded 504,496 shares at $4.50, Cable & Wireless traded 46,700 shares to close at $1.13, Caribbean Cement traded 1,000 shares and rose 50 cents to close at $22.50, Carreras fell 50 cents in trading 332,166 shares at $65 at the close. Ciboney traded 43,899 shares after falling 1 cent to close at 20 cents, Grace Kennedy jumped $2.50 to close at $122.50 with 767,291 units changing hands. Jamaica Broilers ended with 284,857 units changing hands with a rise of 15 cents to close at $14.99, Jamaica Producers traded 381,670 units and gained 90 cents to end at $7.50, Jamaica Stock Exchange traded 6,616 shares at $21.35 with a gain of 2 cents, Kingston Wharves traded 8,000 shares and rose by 99 cents to close at $15.99. Mayberry Investments traded 24,478 units at $3.50, IN-JSE fn Qts 14-07-16National Commercial Bank ended with 117,095 units changing hands and rose $1 to $42. Pan Jamaican Investment Trust traded 1,211,217 shares to close at $25 after rising $1.05, Portland JSX ended with 172,701 shares changing hands and gained 25 cent at $13. Sagicor Group ended with 284,121 shares changing hands, to end with a rise of 45 cents at $23.50. Scotia Group climbed 78 cents with 407,100 shares trading, to close at $30.80, Seprod traded 11,330 shares and gained 50 cents to end at $17,Proven Investments ordinary shares traded 4,100 units at 16.95 US cents and Jamaica Money Market 7.5% preference share traded 23,000 units at $2.09.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , ,

More declines for JSE majors – Wednesday

July 13, 2016 by

Trading in Jamaica Stock Exchange resulted in more decline in the main market indices on Wednesday with the JSE Market Index dropping 771.47 points to end at 157,357.18. The all Jamaica Composite Index dived 862.77 points to close at 174,814.69 and the JSE combined index fell 309.19 points, to end at 167,339.18.
The market closed another day of moderate trading, with just 1,145,903 units valued at $13,391,660 changing hands, in all market segments. The junior market accounted for 209,776 shares trading with a value of $1,025,220, of all trades.
A total of 29 securities traded, with the prices of 8 stocks rising, 11 declining, including 4 stocks rising and 1 declining from the junior market as the main market continues to consolidate while waiting for fresh and ICI JSE sum 13-07-16important news to move out of the narrow trading range it’s been in for a while.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 17 stocks with bids higher than their last selling prices and 3 with lower offers, suggesting a day of increasing stocks over decliners on Thursday.
At the end of market activities, Cable & Wireless rose by 3 cents while trading 212,938 shares to close at $1.13, Caribbean Cement traded 31,891 shares and fell 10 cents to close at $22, Carreras fell 50 cents in trading 1,512 shares at $65.50 at the close. 1834 Investments traded 51,659 shares after falling 5 cents to close at $1.14, Grace Kennedy rose 5 cents to close at $120 with 14,439 units changing hands. Jamaica Broilers ended with 239,781 units changing hands with a rise of 50 cents to close at $15, Jamaica Producers traded 88,340 units and fell $1.10 to end at $7.50, Jamaica Stock Exchange traded 3,000 shares at $21.35 with a gain of 2 cents,IN-JSE fn Qts 13-07-16 JMMB Group traded 24,479 shares but declined 13 cents to close at $9.72. National Commercial Bank ended with 26,150 units changing hands with the loss of $1 at $41. Pan Jamaican Investment Trust traded 28,025 shares to close at $23.95 after falling 5 cents, Portland JSX ended with 65,502 shares changing hands at a new closing high of $12.75. Radio Jamaica traded at $1.55 after 60,000 shares changed hands, with a loss of 4 cents, Sagicor Group ended with 3,700 shares changing hands, to end at $23.65. Scotia Group fell 4 cents with 51,362 shares trading, to close at $30.02 and Proven Investments ordinary shares traded 30,225 units at 16.95 US cents.

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JSE majors suffer big losses – Tuesday

July 12, 2016 by

Jamaica Producers traded on Tuesday at new 52 weeks' high.

Jamaica Producers traded on Tuesday at new 52 weeks’ high.

Trading in Jamaica Stock Exchange resulted in sharp decline in the main market indices on Tuesday. The JSE Market Index dropped 1,243.81 points to end at 158,128.65. The all Jamaica Composite Index dropped 1,391.01 points to close at 175,677.46 and the JSE combined index fell 1,037.56 points, to end at 167,648.37.
The market closed another day of moderate trading, with just 3,350,232 units valued at $30,238,950 changing hands, in all market segments. The junior market accounted for 724,885 shares trading with a value of $2,996,936, of all trades.
A total of 38 securities traded, with the prices of 11 stocks rising, 16 declining, including 6 stocks rising and 6 declining from the junior market as the market continues to consolidate while waiting for fresh and important news to move the market out of the narrow range its been traded.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 14 stocks with bids higher than their last selling prices and 6 with lower offers.
At the end of market activities, Berger Paints traded 107,426 units to close at $4.50, Cable & Wireless lost by 3 cents while trading 751,041 shares to close at $1.10, Caribbean Cement traded 37,682 shares and fell 10 cents to close at $22.10, Carreras dropped 45 cents in trading 5,832 shares to close at $66. Ciboney closed at 21 cents close at 21 cents with 102,534 units, Grace Kennedy gained 45 cents to close at $119.95 with 51,096 units changing hands.ICI JSE sum 13-07-16 Jamaica Broilers ended with 218,848 units changing hands with a loss of 40 cents to close at $14.50, Jamaica Producers closed at a 52 weeks’ high $8.60 with a rise of 65 cents with 19,348 shares traded. Jamaica Stock Exchange traded 10,000 shares at $21.35, JMMB Group traded 20,333 units and gained 13 cents to end at $9.85, with Kingston Wharves trading 39,567 units at $15 with a fall of $1.35, after trading as high as $16.30, National Commercial Bank ended with 142,306 units changing hands at $42. Pan Jamaican Investment Trust traded 7,695 shares to close at $24 after falling 30 cents, Portland JSX fell 74 cents and ended with 108,852 shares changing hands at a new closing high of $12.75. Pulse Investments traded 30,000 shares with a rise of 5 cents to end at $2.55, Sagicor Group ended with 47,036 shares changing hands, the price dropped 60 cents to end at $23.05. Scotia Group lost 15 cents with 43,100 shares trading, to close at $30.06, Scotia Investments climbed $1.80 and ended with 94,054 shares trading, to close at $27.80, Proven Investments accounted for 43,335 units to end at 17 US cents and JMMB 7.50% preference share accounted for 732,325 at $1.05.

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JSE takes another hit- Wednesday

July 6, 2016 by

Port JSX The latest IPO, Portland JSX was listed at the start of trading after a successful public offering that saw the offer being oversubscribed. The stock opened with a bid to buy 30,000 shares for $1 more than the IPO price of $11 at $12 and later traded 8,500 units to end at $12.55 after it started trading at $12.05. The gain hardly did much to the market overall as the day closed with all major indices down.
Trading on the Jamaica stock market on Wednesday remained modest, with just 2,706,984 units valued at $46,242,560 changing hands in all market segments. The junior market accounted for 777,300 shares valued at $4,030,252, of all trades. All market indices lost ground as stocks declining were slightly ahead the ones rising.
A total of 33 securities traded 6 less than on Tuesday, with the prices of 10 stocks rising, 13 declining, including 4 stocks rising and 5 declining from the junior market. Notwithstanding the decline over the past few days, the market continues in a consolidating mode, with the indices rising and falling from day to day, with no new information to cause a break out.
The JSE Market Index dropped 912.73 points to end at 159,796.98. The all Jamaica Composite Index plunged 1,020.75 points to close at 177,543.22 and the JSE combined index dived 1,430.24 points, to end at 170,113.89.
ICI JSE sum 06-07-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 10 stocks with bids higher than their last selling prices and 4 with lower offers.
At the end of market activities, Berger Paints traded 36,539 shares unchanged at $4.50, Cable & Wireless recovered 7 cents while trading 32,000 shares to close at $1.17, Caribbean Cement dropped $3 to close at $22 with 33,722 shares trading, Carreras traded 167,915 shares but fell 40 cents to $65, Ciboney traded 28,000 shares at 21 cents. Grace Kennedy gained $2.50 and closed at $123 with 20,869 units changing hands, Jamaica Broilers ended with 7,567 units changing hands to close at $15, Jamaica Producers traded 4,431 units to end at $49, Jamaica Stock Exchange traded 22,596 shares but fell $3 to close at $21, IN-JSE fn Qts 06-07-16JMMB Group traded 39,505 units and rose 1 cent to end at $9.73. Kingston Wharves traded 4,160 units and gained 99 cents to close at $16 as supply dries up on the stock, National Commercial Bank ended with 46,492 units changing hands at $42. Pan Jamaican Investment Trust lost $1.48 in trading 23,152 shares to close at $24, Sagicor Group ended with 6,055 shares changing hands at $23.05. Sagicor Real Estate Fund traded 906,595 shares to close at $10.12, Scotia Group fell 50 cents with 360,016 shares trading to close at $30.50, Sterling Investments ended with 14,000 shares trading to close with a fall of $1.49 at $11.50. Supreme Ventures lost 49 cents and ended at $4.51 while trading 7,200 units and Proven Investments traded 156,000 units to close at 16.49 US cents, up from 16 US cents.

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14 up 13 down on JSE – Tuesday

July 5, 2016 by

Exchange place Trading on the Jamaica stock market on Tuesday remains modest, with just 2,299,731 units valued at $26,990,419 in all market segments changing hands. The junior market accounted for 626,581 shares valued at $2,868,043 of all trades. All market indices lost ground as stocks declining were almost equal to the ones rising.
A total of 39 securities traded 3 more than on Monday, with the prices of 14 stocks rising, 13 declining, including 3 stocks rising and 8 declining from the junior market. The market is in a consolidating mode with the indices rising and falling from day to day, with no new information to cause a break out.
The JSE Market Index dropped 400.51 points to end at 160,709.71.The all Jamaica Composite Index declined 447.93 points to close at 178,563.97 and the JSE combined index fell 538.83 points, to end at 171,544.13.
ICI JSE sum 05-07-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 11 stocks with bids higher than their last selling prices and 9 with lower offers. At the end of market activities, Cable & Wireless lost 10 cents trading 202,701 shares to close at $1.10, Caribbean Cement gained $1 to close at $25 but with just 290 shares trading, Carreras traded a mere 650 shares but gained 60 cents to $65.40, Ciboney traded 35,000 shares at 21 cents, 1834 Investments traded 31,000 shares to close at $1. Grace Kennedy gained 50 cents and closed at $120.50 with 7,280 units changing hands, Jamaica Broilers ended with 92,592 units changing hands and gained 20 cents to close at $15 as the company released audited accounts showing earnings per share of $1.44, up from 86 cents as the Jamaican operations saw a surge in segment profits of nearly $1 billion. Jamaica Producers traded 6,950 units after rising 90 cents to end at $49, Jamaica Stock Exchange traded 28,804 shares but fell $1.10 to close at $24, Kingston Wharves traded 2,907 units and gained 45 cents to close at $15.01, Margaritaville Turks traded 164,600 shares at 20.5 US cents up from 19 US cents on Monday. Mayberry Investments closed with 15,000 shares changing hands at $3.56, for a gain of 1 cent, National Commercial Bank ended with just 2,936 units changing hands with a rise of 10 cents to $42. IN-JSE fn Qts 05-07-16Pan Jamaican Investment Trust rose 47 cents in trading 7,185 shares to close at $25.48, Radio Jamaica fell 20 cents to close with 38,074 shares changing hands at $1.45, Sagicor Group ended with 212,900 shares changing hands at $23.05, Sagicor Real Estate Fund traded 903,896 shares but lost 3 cents to close at $10.12. Scotia Group fell $1 with 2,792 shares trading to close at $31, Scotia Investments ended with 49,334 shares trading to close at $26, Seprod held firm at $16.60 while trading 5,000 units. Proven Investments traded 17,950 units to close at 16 US cents, down from 16.99 US cents and JMMB Group 7.25% preference share traded 15,000 units to close with a fall of 30 cents at $2.15.

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JSE down in moderate trading

July 4, 2016 by

JSE build Trading on the Jamaica stock market on Monday continues to be modest, with 3,391,899 units valued at $45,816,950 in all market segments changing hands. All market indices lost ground as more stocks declined than rose. A total of 36 securities traded with the prices of 11 stocks rising, 15 fell, including 3 stocks rising and 8 declining from the junior market.
The junior market accounted for 626,581 shares valued at $2,868,043 of all trades.
The JSE Market Index dropped 392.24 points to end at 161,110.22. The all Jamaica Composite Index declined 438.67 points to close at 179,011.90 and the JSE combined index fell 455.71 points, to end at 172,082.96.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 17 stocks with bids higher than their last selling prices and 8 with lower offers.
ICI JSE sum 04-07-16At the end of market activities, Berger Paints gained 15 cents and ended at $4.50 while trading 104,073 units, Cable & Wireless traded 62,432 shares traded to close at $1.20, after gaining 2 cents, Caribbean Cement dropped $1 to close at $24 after trading 3,000 units. Carreras traded 128,030 shares but slipped 20 cents to $64.60, while 1834 Investments traded 363,105 shares to close at $1, Grace Kennedy lost $3 and closed at $120 with 8,491 units changing hands. Jamaica Broilers ended with 372,057 units changing hands and gained 20 cents to close at $15 as the company released audited accounts showing earnings per share of $1.44, up from 86 cents as the Jamaican operations saw a surge in segment profits of nearly $1 billion. Jamaica Producers traded 3,630 units after rising 10 cents to end at $48.10, Jamaica Stock Exchange traded 8,160 shares at $25.10, JMMB Group traded 27,985 units to close at $9.72. Kingston Wharves traded 3,222 units and gained 46 cents to close at $14.56, Mayberry Investments closed with 7,500 shares changing hands at $3.55, to record a gain of 3 cents, National Commercial Bank ended with 183,554 units changing hands with a fall of 10 cents to $41.90. IN-JSE fn Qts 04-07-16Pan Jamaican Investment Trust dipped 49 cents in trading 216,417 shares to close at $25.01, Radio Jamaica fell 5 cents to close with 104,000 shares changing hands at $1.65, Sagicor Group ended with 187,634 shares changing hands at $23.05, Scotia Group rose 70 cents with 264,308 shares trading to close at $32, the stock traded as high as $32.60. Seprod lost 50 cents while trading 90,850 units, to end at $16.60, Supreme Ventures traded 14,840 units and gained 15 cents to close at $4.69, Proven Investments traded 260,600 units to close at 17 US cents but after hitting a 52 weeks’ low of 15 US cents and JMMB Group 7.5% preference share traded 126,340 shares to close at $1.04.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , ,

Proven hits 52 weeks’ low

July 4, 2016 by

Lasco Manufacturing with 368,596 shares trading at $5.05, is the leading volume trade in the early Monday morning session, on the Jamaica Stock Exchange, followed by Proven InvestmentsJSE intra 04-07-16 with 257,000 units with the price dropping to a 52 weeks’ low of 15.02 US cents, down from 17 cents at the close on Friday. 1834 Investments chipped in with 96,000 shares at $1.01.
The session had low volumes trading overall with less securities trading after 75 minutes of the market’s opening compared to Friday morning as the various indices declined across the board.
Market activity resulted in 23 securities changing hands, accounting for a volume of 921,863 shares 9 stocks gained and 7 declined. The average number of shares traded amounts to 40,081 units compared to an average of 77,695 units on Thursday.
The all Jamaica Composite Index dropped 482.38 points to 178,968.19, the Jamaica Stock Exchange Market Index fell 431.32 points to 161,071.14, the Jamaica Stock Exchange combined index declined by 415.83 to close at 172,122.84 points andthe junior market index slipped 1.56 points to 2,214.08.

Filed Under: JSE Combined, Stock Market Tagged With: , , , , , , ,

Big JSE jump to start July

July 1, 2016 by

Scotia Group contributed a large portion of the nearly 2,000 points gain in the AJ Index on Friday.

Scotia Group contributed a large portion of the nearly 2,000 points gain in the AJ Index on Friday.

Trading on the Jamaica stock market on Friday continues the summer modishness, with 3,391,899 units valued at $45,816,950 in all market segments changing hands but the all Jamaica Composite index gained just a few points shy of 2,000 as Scotia Group added much to the main market indices. A total of 35 securities traded, the prices of 18 stocks rose, 7 fell, including 8 stocks rising and 3 declining from the junior market.
Two stocks closed at new highs. The junior market accounted for 1,681,148 shares valued at $7,205,861 of all trades.
The JSE Market Index climbed 1,731.65 points to end at 161,502.46. The all Jamaica Composite Index jumped 1,996.34 points to close at 179,450.57 and the JSE combined index gained 1,785.02 points, to end at 172,538.67.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 11 stocks with bids higher than their last selling prices and 6 with lower offers.
ICI JSE sum 01-07-16At the end of market activities, Berger Paints gained 5 cents and ended at $4.35 while 6,800 units were traded, Cable & Wireless traded 150,647 shares traded to close at $1.18, Caribbean Cement jumped $1 to close at $25 after trading 4,160 units. Carreras traded 1,425 shares but slipped 40 cents to $65. Ciboney gained 1 cent while trading at 21 cents with 140,000 shares changing hands, 1834 Investments traded 221,434 shares to close at $1, Grace Kennedy lost $3 and closed at $120 with 8,491 units changing hands, Jamaica Broilers ended with 119,956 units changing hands and gained 5 cents to close at $14.80. Jamaica Producers traded 10,000 units after rising 1 cent to end at $48, Jamaica Stock Exchange gained 10 cents to end at 52 weeks’ high of $25.10 while trading 1,931 shares, JMMB Group traded 36,304 units to close at $9.72. Kingston Wharves traded 1,400 units and gained 20 cents to close at $14.10, Margaritaville Turks closed with 159,040 shares changing hands at 19 US cents, National Commercial Bank ended with 100,328 units changing hands with a fall of $1 to $42, Pan Jamaican Investment Trust dipped 50 cents and traded 8,000 shares to close at $25.50.ICI -JSE fn Qts 01-07-16 Radio Jamaica rose 7 cents to close with 6,000 shares changing hands at $1.70, Sagicor Group gained 2 cents in ending with 135,000 shares changing hands at $23.05, Sagicor Real Estate Fund traded 47,905 shares and rose 3 cents to close at $10.15. Scotia Group rose 52 cents with 572,909 shares trading to close at $31.30, the stock traded as high as $32.89 and ended with an average trading price of $32.65. Supreme Ventures ended trading, with 304,000 units trading with a gain of 1 cent at $4.54. Proven Investments traded 18,500 units at 17 US cents and JMMB Group US 6% preference share, traded 15,610 units and gained 10 cents, to close at US$1.10.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , ,

JSE ends June negatively – Thursday

June 30, 2016 by

The JSE stock closed at a new high of $25 on Thursday.

The JSE stock closed at a new high of $25 on Thursday.

Trading on the Jamaica stock market on Thursday continues to be moderate, with 3,452,958 units valued at just $45,993,319 in all market segments changing hands. At the close the main market indices ended June with the last day recording declines. A total of 40 securities traded, the prices of 15 stocks rose, 14 fell, including 8 stocks rising and 3 declining from the junior market.
Two stocks closed at new highs. The junior market accounted for 383,501 shares valued at $1,786,848 of all trades.
The JSE Market Index fell 480.10 points to end at 159,717.44. The all Jamaica Composite Index lost 536.94 points to close at 177,454.23 and the JSE combined index slip 261.15 points, to end at 170,807.02.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the JSE sum 30-6-16Investor’s Choice bid-offer indicator reading showed 13 stocks with bids higher than their last selling prices and 6 with lower offers.
At the end of market activities, Berger Paints lost 15 cents and ended at $4.30 while 11,081 units were traded, Cable & Wireless dropped 6 cents with 23,024 units traded to close at $1.18, Caribbean Cement jumped $2.40 to close at $24 after trading 407,370 units. Carreras traded 14,142 shares but slipped $1.10 to $65.40. Ciboney gained 1 cent while trading at 21 cents with 140,000 shares changing hands, 1834 Investments traded 221,434 shares to close at $1, Grace Kennedy closed at $123 with 62,637 units changing hands, Jamaica Broilers ended with 233,400 units changing hands and gained 53 cents to close at $14.75. Jamaica Producers traded 63,690 units after losing $1.10 to end at $47.99, Jamaica Stock Exchange jumped $3 to end at 52 weeks’ high of $25 while trading 3,000 shares, JMMB Group dropped 11 cents in trading 14,600 units to close at $9.72. Kingston Wharves traded 501,315 units and declined by $2.10 to close at $13.90, Mayberry Investments closed with 449,880 shares changing hands at $3.52, National Commercial Bank ended with 12,280 units changing hands with a rise of 98 cents to $43, Pan Jamaican Investment Trust gained 50 cents and traded 20,920 shares to close at $26.JSE mm fn qts 30-6-16 Pulse Investments lost 1 cent to close at $2.54 with 14,985 shares changing hands, Radio Jamaica rose 23 cents to close with 5,899 shares changing hands at $1.63, Sagicor Group ended with 17,464 shares changing hands at $23.03, Sagicor Real Estate Fund traded 780,642 shares but fell by 3 cents to close at $10.12. Scotia Investments dropped $1.40 with 3,000 shares trading to close at $26, Supreme Ventures ended trading, with 28,302 units trading with a loss of 1 cent at $4.53. Proven Investments traded 25,174 units at 17 US cents, Proven Investments 8% preference share traded 11,300 shares at $5.

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Moderate trading hits JSE – Tuesday

June 28, 2016 by

Kingston Wharves traded at a new high of $14 on Tuesday.

Kingston Wharves traded at a new high of $14 on Tuesday.

Trading on the Jamaica stock market on Tuesday was a moderate 2,348,571 units valued at just $25,384,047 in all market segments. The market indices lost ground at the close, with 33 securities trading and the prices of 11 stocks market rising, 11 declined, including 3 stocks rising and 2 declining from the junior market. Two stocks closed at new highs and one closed at a new low.
The junior market accounted for 829,809 shares valued at $2,684,479 of all trades.
The JSE Market Index slipped 237.38 points to end at 159,565.11. The all Jamaica Composite Index fell 265.49 points to close at 177,283.86 and the JSE combined index dipped 612.10 points, to end at 170,247.51.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the JSE sum 28-6-16Investor’s Choice bid-offer indicator reading showed 14 stocks with bids higher than their last selling prices and 5 with lower offers.
At the end of market activities, Barita Investments lost 8 cents to close with 288,042 shares changing hands at $3, Berger Paints ended at $4.50 while 3,274 units were traded, Cable & Wireless dropped 4 cents with 48,800 units traded to close at $1.25, Caribbean Cement declined by 50 cents to close at $22.50 after trading 39,312 units. 1834 Investments traded 110,958 shares but rose 2 cents to close at $1.02, Grace Kennedy added $1.15 to close at $124.25 with 17,283 units changing hands, Jamaica Broilers ended with 168,743 units changing hands to close at $14.50. Jamaica Stock Exchange gained $1.20 with 5,000 shares changing hands at $22, JMMB Group traded 17,855 units to close at $9.72. Kingston Wharves traded 12,100 units and gained 50 cents to close at a 52 weeks’ closing high of $14, Montego Bay Ice jumped $3.73 to a new 52 weeks’ high of $18.63 but only 200 shares were traded. A trade for 94,100 units executed by Stocks and Securities at $20, was cancelled in the morning session as the price exceeded the 30 percent price movement limited permitted for one day.JSE mm fn qts 28-6-16 National Commercial Bank ended with only 2,710 units changing hands at $42.01, Pan Jamaican Investment Trust fell 45 cents and closed with 6,755 shares trading at $26. Pulse Investments closed with 3,000 shares changing hands at $2.55, Sagicor Group ended with 4,500 shares changing hands at $23.01 after adding 1 cent to the price. Sagicor Real Estate Fund traded 129,243 shares to close at $10.15, Scotia Group had 19,118 shares changing hands to close at $30.80, Scotia Investments ended with 8,055 shares trading to close at $26. Supreme Ventures ended trading with 31,000 units at $4.54 with a gain of 5 cents and Proven Investments traded 765,000 units at 15.1 US cents, after falling from 15.29 US cents previously.

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