Main market stocks suffered a reversal of fortunes on the Jamaica Stock Exchange on Wednesday with the main indices slipping over 2,000 points in spite of a $5 jump for Carreras and $2 for Sagicor Group. Trading closed moderately with 1,809,394 units valued at $47,308,355 changing hands.
On Tuesday just 909,094 units valued at $30,837,797 traded in the main market. Trading in the US dollar market on Wednesday accounted for 297,250 units valued at US$77,073 bringing the total of all trades to J$57,173,667.
At the close of trading, 26 securities changed hands in the main market with 2 trading in the US dollar market, leading to 9 stocks advancing and 8 declining.
The All Jamaica Composite Index declined 2,289.06 points to close at 275,869.08, the JSE Market Index lost 2,085.59 points to 251,347.98 and the JSE US dollar market index gained 5.10 points to close at 197.70.
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 69,592 units valued at $1,819,552 for each security traded compared to an average of 39,526 units valued at $1,340,774. 
The average volume and value for the month to date ended at $119,995 units with an average value of $1,860,774 compared with an average of 132,596 units with an average value of $1,871,080 on the previous trading day. The average volume and value for July ended at 160,668 units with an average value of $2,691,438.
In market activity, Barita Investments gained 15 cents, closing at $9 with 211,900 shares changing hands, Berger Paints traded $2.37 lower to $16.18 in exchanging 43,980 shares, Cable and Wireless lost 10 cents to close at $1.05, with 54,029 shares changing hands,
Caribbean Cement closed at $29 after gaining $1 with 48,058 shares, Carreras jumped $5 higher to $110 while exchanging 112,582 shares, Grace Kennedy closed at $40.49, with a loss of 51 cents trading 114,173 shares. Jamaica Broilers lost 39 cents, in closing at $18.10 with an exchanging 28,436 shares, Jamaica Producers gained 90 cents to close at $16 trading 17,120 shares, Jamaica Stock Exchange added 1 cent, closing at $6.49 with 11,852 shares, JMMB Group closed at $19.20, losing 79 cents with 92,071 shares. Mayberry Investments closed at $4.49 after losing 51 cents with 17,010 shares changing hands, 
NCB Financial Group held firm at $90, after exchanging 42,893 shares, 1834 Investments traded 42,637 shares at $1.40, 138 Student Living gained 50 cents to close at $5.50 exchanging 5,000 shares, PanJam Investment remained at $33 trading 260,026 shares, Proven Investments exchanged 202,170 shares at $25.01, Pulse Investments gained 3 cents to close at $1.98 trading 76,971 shares, Radio Jamaica closed at $1.50 exchanging 117,708 shares. Sagicor Group closed at $34, with gains of $2 while trading 39,221 shares, Salada Foods lost 19 cents to $9.11, with 2,430 shares switching owners, Scotia Group closed at $44 with trades of 80,236 shares, Scotia Investments exchanged 100 units at $35, Seprod gained 85 cents to close at $33.40, with 301 units changing hands, Supreme Ventures traded 181,490 shares at $8. Margaritaville Turks US ordinary shares closed at 36 US cents trading 13,497 units, Proven Investments US ordinary shares closed at 24 US cents, with an exchange of 283,753 units, Proven Investments 8.25% preference share exchanged 3,000 units at $5 and JMMB Group 7.5% preference share lost 1 cent to close at $1.10 with 4,000 units traded.
All Jamaica jumps 2,443 points to record 272,863.82
Jamaica Stock Exchange main market hit new records at the close on Friday, with the All Jamaica Composite Index hitting a 4th consecutive all-time high of 272,863.82 after surging 2,443.17 points and the JSE Market Index jumping 2,226.01 points to it 6 consecutive record at 248,609.84.
NCB Financial Group jumped sharply by $11.99, to be the major contributor to the market movement, to close at an all-time high of $94.99, with 23,437 shares traded. There has been very limited supply for the group’s stock in the market and trading closed with less than 7,000 shares on offer.
The JSE US dollar market index gained 0.41 points to close at 188.84 with 2 securities trading in the US dollar market and one losing value.
NCB Financial Group’s shares jumped $11.99 on Friday.
At the close of trading, 20 securities changed hands in the main market leading to 11 stocks advancing and 7 declining. The main market ended with 2,489,517 units valued at $21,640,002 changing hands compared to 3,104,799 units valued at $66,312,076 at the close on Thursday. Trading in the US dollar market accounted for 726,081 units valued at US$174,757 bringing the total of all trades to J$44,008,929.
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 1 with lower offers.
The main market ended trading with an average of 124,476 units valued at $1,082,000 for each security traded compared to an average of 119,415 units valued at $2,550,464. The average volume and value for the month to date ended at $163,620 units with an average value of $2,047,849 compared with an average of 183,191 units with an average value of $2,530,773 on the previous trading day. 
The average volume and value for July ended at 160,668 units with an average value of $2,691,438.
In market activity, fresh from the news that Barita Investments is considering an offer to purchase the majority of its shares, the priced climbed $1.15 higher to close at $8 trading just 650 units. Attendant with the announcement, offers that were posted up to Thursday were withdrawn. Other securities trading on Friday along with the volume and the last price traded, include: Berger Paints adding 2 cents at $19 exchanging 29,575 shares, Cable and Wireless gained 5 cents to close at $1.05, with 134,938 shares trading, Carreras fell $1, to $109 with 29,460 shares, Grace Kennedy lost 10 cents exchanging 11,034 shares at $41. Jamaica Broilers lost 50 cents, closing at $18 trading 1,834 shares, Jamaica Producers traded 80 cents lower at $15.10 with 5,582 shares. Jamaica Stock Exchange added 2 cents, to $6.47 trading 20,072 shares, 
JMMB Group eased 1 cent to $19.99, with 19,321 shares. 1834 Investments closed at $1.40, losing 1 cent with 20,720 shares, Proven Investments added 29 cents to close at $25.01 in exchanging 300,000 shares, Pulse Investments dropped 70 cents to end at $1.50, with 321,745 shares. Sagicor Group gained 25 cents, climbing to $32 trading 5,820 shares, Salada Foods gained 69 cents to close at $9.30, with 1,300 shares, Scotia Group closed at $44 with 63,020 shares, Sterling Investments closed at $14.05, with gains of 5 cents and 100 units, Supreme Ventures gained 17 cents, closing at $7.85 with 264,190 shares traded. Proven Investments US ordinary shares closed at 24 US cents, with 725,299 units, Margaritaville Turks US ordinary shares exchanged 782 units at 36 US cents, after slipping a fraction, JMMB Group 7.5% preference share closed at $1.11 with 1,232,719 units traded and Proven 8.25% preference share closed at $5, with gains of 2 cents trading 4,000 units.
JSE main indices jump sharply – Friday
NCB Financial Group jumped $2.99 on Friday helping to push indices nearly 2,000 points.
Price movements of Jamaica Stock Exchange main market stocks drove the indices up sharply at the close on Friday, with a slightly negative advance decline ratio. While declining stocks were greater than advancing ones, big gains of $2.99 in the price of NCB Financial, 4 cents in Cable & Wireless, 50 cents in Jamaica Producers and $2.05 for Pan Jam Investment, helped in pushing the overall market value higher.
A moderate trading ended, with the All Jamaica Composite Index jumped 1,880.59 points to close at 256,031.54, the JSE Market Index climbed 1,713.43 points to 233,273.75 and the JSE US dollar market index inched higher by 0.32 points to close at 188.43.
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 11 declining. The main market ended with 1,934,322 units valued at $34,659,775 changing hands compared to 1,519,865 units valued at $35,445,679 at the close on Thursday. Trading in the US dollar market accounted for 40,774 units valued at US$15,747 bringing the total of all trades to J$36,681,675.
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 84,101 units valued at $1,506,947 for each security traded compared to an average of 58,456 units valued at $1,363,295. The average volume and value for the month to date ended at 118,550 units with an average value of $2,611,033 compared with an average of 121,011 units with an average value of $2,689,896 on the previously traded. 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 lost $1 and closed at $15, trading 7,279 shares, Cable and Wireless gained 4 cents to close at 94 cents with 370,842 stock units traded, Caribbean Cement closed at $25.75, gaining 75 cents with an exchange of 116,583 shares, Carreras dropped $2.25 to close at $88, with 5,524 units changing hands, Grace Kennedy closed at $41.99, with a loss of 1 cent trading 3,636 shares. Jamaica Broilers closed at $18, gaining 50 cents while exchanging 12,940 shares, 
Jamaica Producers traded 70,303 shares at $14. Jamaica Stock Exchange closed 49 cents lower to $6, with 412,335 shares traded, JMMB Group exchanged 9,435 shares at $19.20, having gained 20 cents, Kingston Properties closed at $7.15 trading 12,526 units, Kingston Wharves declined $2 to close at $29 exchanging 15,846 units. NCB Financial Group jumped $2.99 to close at $75, after exchanging 45,368 shares, 1834 Investments traded 78,774 shares at $1.35, PanJam Investment closed at $32.50, gaining $2.05 with a turnover of 20,647 shares, Proven Investments added 2 cents to close at $24.67 exchanging 34,000 shares and Pulse Investments closed at $2.49, with gains of 24 cents and 34,600 shares changing owners. Sagicor Group lost 66 cents, with an exchange of 6,200 shares, to close at $31.75, Sagicor Real Estate Fund closed at $11.20, with a loss of 70 cents and 11,000 units being switching. Scotia Group traded $1 lower to $41 with 161,924 shares traded, Seprod lost 20 cents, closing at $29.75 trading 460,673 shares, Supreme Ventures fell 20 cents to $7.50, with an exchange of 24,297 shares. Proven Investments US ordinary shares gained 0.01 US cent to close at 24 US cents trading 34,000 units, Proven 8.25% preference share closed at $4.98, losing 2 cents with 9,700 units traded, Jamaica Money Market Brokers 7.5% preference share gained 5 cents to close at $2.10, with 9,890 units changing hands and JMMB Group US 6% preference share traded 6,774 units at US$1.12.
12 JSE stocks rise 11 fall on Thursday
Proven Investments traded the most shares on Thursday.
Trading resulted in 26 securities changing hands in the main market and 1 trading in the US dollar market, leading to 12 stocks advancing and 11 declining in both markets, as some amount of negative sentiment still hangs over the market.
The All Jamaica Composite Index declined 75.90 points to close at 254,150.95, the JSE Market Index declined 69.15 points to 231,560.32 and the JSE US dollar market index lost 0.32 points to close at 188.11.
The main market ended with 1,519,865 units valued at $35,445,679 changing hands compared to 1,667,980 units valued at $40,302,237 at the close on Wednesday. Trading in the US dollar market accounted for 930,313 units valued at US$222,773 bringing the total of all trades to J$63,960,659.
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 58,456 units valued at $1,363,295 for each security traded compared to an average of 69,499 units valued at $1,679,260. The average volume and value for the month to date ended at 121,011 units with an average value of $2,689,896 compared with an average of 125,823 units at an average value of $2,791,942 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 advanced $1.50 to close at $16 trading 600 shares, Cable and Wireless lost 4 cents, closing at 90 cents with 49,774 stock units being swapped, Caribbean Cement closed at $25,after gaining 30 cents with an exchange of 5,582 shares, Carreras traded $1.25 higher to close at $90.25, with 2,228 units changing hands, Grace Kennedy jumped $1 to close at $42, with 240,148 shares trading. Jamaica Broilers closed at $17.50, losing 50 cents in exchanging 229,322 shares, 
Jamaica Producers dropped 98 cents to $14 with 3,000 shares changing hands. Jamaica Stock Exchange added 39 cents to close at $6.49, trading 96,582 shares, JMMB Group exchanged 76,932 shares at $19, Kingston Properties was down 85 cents to $7.15, trading 1,400 units, Kingston Wharves gained 60 cents to close at $31 while exchanging 1,761 units. NCB Financial Group lost 49 cents to close at $72.01, after exchanging 18,521 shares, PanJam Investment closed at $30.45, after falling $2.75 with 59,375 shares trading, Proven Investments exchanged 300,000 shares at $24.65, Pulse Investments closed at $2.25, gaining 25 cents with 6,500 shares changing owners, Radio Jamaica added 2 cents, to close at $1.40, trading of 117,619 shares, Sagicor Group exchanged 35,756 shares at $32.41, having gained 91 cents, Sagicor Real Estate Fund closed at $11.90, with a loss of 10 cents and 149 units switching owners. Salada Foods traded $1 lower to $9 while exchanging 400 units, Scotia Group gained 50 cents and closed at $42 with trades of 78,658 shares, Scotia Investments lost 40 cents to close at $36 trading 76,543 units, Seprod jumped $3.43 to $29.95 trading 6,350 shares, Supreme Ventures lost 20 cents to $7.70, with 56,978 shares trading. Proven Investments US ordinary shares lost 0.01 US cent to close at 23 US cents in exchanging 930,313 units, Proven Investments 8.25% preference share closed at $5, with 11,640 units traded, Jamaica Money Market Brokers 7.5% preference share was up 5 cents to close at $2.05, with 40,000 units changing hands and JMMB Group 7.5% preference share traded 4,047 units at $1.11.
14 stocks drop on Tuesday 4 rise
Proven Investment Traded nearly 4 million units o0n Tuesday to be the most dominant stock on the JSE on Tuesday.
Trading picked up on the Jamaica Stock Exchange on Tuesday, with 5,694,099 units valued at $160,330,278 changing hands in main market trading, compared to 994,217 units valued at $13,640,909 at the close on Monday leading to a negative advance decline ratio.
At the close of trading, 25 securities changed hands in the main market with 2 trading in the US dollar market, leading to just 4 stocks advancing and 13 declining. Trading in the US dollar market accounted for 1,938,578 units valued at US$450,229, bringing the total of all trades in both markets to J$217,959,583.
The market indices slipped a bit, with the All Jamaica Composite Index declining by just 25.59 points to 255,896.49, the JSE Market Index declined 23.31 points to 233,150.70 and the JSE US dollar market index lost 4.84 points to close at 177.02.
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 2 with lower offers.
The main market ended trading with an average of 227,764 units valued at $6,413,211 for each security traded compared to an average of 45,192 units valued at $620,041. The average volume and value for the month to date ended at 129,324 units with an average value of $2,758,273 compared with an average of 121,676 units with an average value of $2,563,889 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 traded $2 lower to close at $14, with an exchange of 3,842 shares, Cable and Wireless closed at 94 cents, with 20,000 stock units trading, Caribbean Cement exchanged 19,667 shares at $24.50, Carreras closed at $89, with 2,993 units changing hands while Grace Kennedy traded 44 cents lower to $41.50 with 82,361 shares. Jamaica Broilers closed at $18 exchanging 16,506 shares, Jamaica Producers gained 48 cents to close at $14.98 with 16,037 shares changing hands. Jamaica Stock Exchange closed at $6.10, losing 40 cents with trades of 10,557 shares, JMMB Group lost 24 cents, closing at $19.01 exchanging 12,633 stock units, Kingston Properties traded 2,288 units, after losing 5 cents to close at $8.80,
Kingston Wharves closed at $30.30, with gains of 30 cents trading only 450 units. Mayberry Investments lost 13 cents to close at $4.52 with 1,000 units being switched, NCB Financial Group added 50 cents to close at $72.50, after exchanging 24,371 shares, 1834 Investments lost 4 cents to close at $1.33, with trades of 2,701 units
138 Student Living, closed at $4.55 trading 6,468 shares, PanJam Investment traded 71 cents lower, to $33.20 with 10,840 shares changing owners, Portland JSX closed at $10.50 trading 13,000 shares, Proven Investments gained 2 cents to close at $24.65 with 1,952,814 shares exchanged, Pulse Investments closed at $2.35, with a loss of 24 cents trading 24,559 shares, Radio Jamaica closed at $1.38, losing 12 cents with 3,536 shares changing hands. Sagicor Group traded 3,184,156 shares at $31.50, having lost 50 cents, Sagicor Real Estate Fund closed at $12.24, with a loss of $1.26 and 21,400 units trading. Scotia Group exchanged 68,270 shares at $41.50, Supreme Venture lost 5 cents to close at $7.90, with trades of 143,650 shares. Proven Investments US ordinary share closed at 22.75 US cents, losing 0.01 US cents, trading 1,928,578 units, JMMB 7.5% preference share closed at $2, with an exchange of 50,000 units and JMMB Group US 6% preference share closed US$1.12 trading 10,000 units.
JSE majors slip on Monday
C&W jumped 17.5% to close at 94 cents on Monday.
Market activity on the Jamaica Stock Exchange dived on Monday with the main market ended with 994,217 units valued at $13,640,909 changing hands compared to 4,292,363 units valued at $81,728,669 at the close on Friday.
Trading in the US dollar market accounted for 125,186 units valued at US$29,442, bringing the total of all trades to just J$17,409,489. At the close, the All Jamaica Composite Index declined 474.81 points to 255,922.08, the JSE Market Index declined 432.60 points to 233,174.01 and the JSE US dollar market index gained 8.79 points to end at 181.86.
At the close of trading, 22 securities changed hands in the main market with 1 trading in the US dollar market, leading to 10 stocks advancing and 11 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 5 stocks with bids higher than their last selling prices and 2 with lower offers.
The main market ended trading with an average of 45,192 units valued at $620,041 for each security traded, compared to an average of 165,091 units valued at $3,143,410. The average volume and value for the month to date, 
ended at 121,676 units with an average value of $2,563,889 compared with an average of 129,324 units with an average value of $2,758,273 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 jumped $2.70 to close at $16, with 1,500 shares trading, Cable and Wireless closed at 94 cents, gaining 14 cents with 367,359 stock units switching owners, Caribbean Cement lost 10 cents to close at $24.50, trading 10,000 shares, Carreras closed at $89, losing 95 cents with 100 units changing hands while Grace Kennedy traded 94 cents higher to $41.99, with an exchange of 17,168 shares. Jamaica Broilers closed at $18, with a loss of 20 cents trading 41,365 shares, Jamaica Producers was down 25 cents to close at $14.50 with 2,100 shares changing hands. Jamaica Stock Exchange closed at $6.50, with trades of 14,455 shares, JMMB Group lost 6 cents, closing at $19.25 while exchanging 346,670 shares, 
Kingston Properties traded 2,000 units, with gains of 5 cents to close at $8.85, Kingston Wharves closed at $30, with a loss of 40 cents with the exchange 1,998 units. Mayberry Investments lost 5 cents to close at $4.65 with 100 units switching owners, NCB Financial Group gained 50 cents to close at $72, after exchanging 818 shares, PanJam Investment traded $3.91 higher, closing at $33.91 with 4,271 shares, Proven Investments declined 38 cents to close at $24.63 with 112,186 shares exchanged, Pulse Investments traded 17,144 shares at $2.59, having gained 10 cents, Radio Jamaica closed at $1.50, gaining 7 cents with 1,150 shares changing hands. Sagicor Group traded 14,566 shares at $32, Sagicor Real Estate Fund closed at $13.50, with gains of 10 cents trading only 100 units. Scotia Group declined 59 cents to close at $41.50, with 28,297 shares trading, Seprod dived $3.48 in closing at $26.52 with a mere 570 shares switching owners. Proven Investments US ordinary shares closed at 23.9 US cents, gaining 0.02 US cents in trading 125,186 units and Proven 8.25% preference share closed 10 cents lower to $5 exchanging 10,300 units.
JSE Main market falls Friday
Trading on the main market stocks of the Jamaica Stock Exchange picked up over Thursday’s levels but declining stocks numbered more than advancing ones leading to declines in the market indices by more than 1,300 points.
At the close of trading, 26 securities changed hands in the main market with 2 trading in the US dollar market, leading to 10 stocks advancing and 12 declining. The main market ended with 4,292,363 units valued at $81,728,669 changing hands compared to 1,294,238 units valued at $29,684,333 at the close on Thursday. Trading in the US dollar market accounted for 136,527 units valued at US$46,401, bringing the total of all trades to J$87,681,879.
At the end of trading, the All Jamaica Composite Index declined 1,429.83 points to close at 256,396.89, the JSE Market Index lost 1,302.74 points to 233,606.61. The JSE US dollar market index gained 0.45 to close at 173.07.
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 165,091 units valued at $3,143,410 for each security traded compared to an average of 56,271 units valued at $1,290,623. The average volume and value for the month to date ended at 129,324 units with an average value of $2,758,273 compared with an average of 125,350 units with an average value of $2,715,480 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.
The main market ended trading with an average of 56,271 units, valued at $1,290,623 for each security traded compared to an average of 115,397 units valued at $2,813,635. The average volume and value for the month to date ended at 125,350 units, with an average value of $2,715,480 compared with an average of 133,908 units with an average value of $2,893,588 on the previous trading day. June ended with an average volume of 218,951 units with an average of $3,871,959.
In market activity, Berger Paints exchanged 6,553 shares at $13.30, Cable and Wireless closed at 80 cents, losing 25 cents with 338,942 stock units switching owners, Caribbean Cement lost 90 cents to close at $24.60 trading 4,476 shares, Carreras lost 5 cents to close at $89.95, with 2,748 shares changing hands, Grace Kennedy was down 35 cents to $41.05, with trades of 6,209 shares
Broilers traded 70 cents higher, closing at $18.20, with an exchange of 2,080,661 shares, Jamaica Producers gained 75 cents to close at $14.75 with 10,986 shares changing hands. Jamaica Stock Exchange closed at $6.50, with a loss of 30 cents, trading 920 shares, JMMB Group lost 21 cents to close at $19.31 exchanging 6,645 units, Kingston Properties traded 400 units, losing 5 cents, to close at $8.80, Kingston Wharves closed at $30.40, with an exchange of 13,470 shares. NCB Financial Group dropped 50 cents to close at $71.50, after exchanging 40,147 shares, 1834 Investments traded 219,700 shares, gaining 1 cent to close at $1.37, PanJam Investment plunged $4.25 in closing at $30 while exchanging 201,188 shares, Portland JSX closed at $10.50 with 9,293 shares changing hands, Proven Investments advanced 38 cents to close at $25.01 with 115,000 shares exchanged, Pulse Investments traded 1,669 shares at $2.49, Radio Jamaica gained 5 cents to close at $1.43, with 83,042 shares switching owners. Sagicor Group added $1, closing at $32 with an exchange of 31,500 shares, Sagicor Real Estate Fund closed at $13.40, with gains of $1, trading 6,961 units. Scotia Group declined 31 cents to close at $42.09, with an exchange of 49,507 shares, Scotia Investments lost 1 cent to close at $36 trading 1,500 units, Seprod gained $1 and closed at $30 with 982,293 shares changing hands while Supreme Ventures closed at $7.95, after rising 60 cents and exchanging 75,600 shares. Proven Investments US ordinary shares closed at 22 US cents trading 118,527 units, JMMB Group US 6% preference share exchanged 18,000 units at US$1.12 and JMMB Group7.5% preference share gained 1 cent to close at $1.11, with trades of 953 units.
JSE majors rise on Monday
JSE headquarters in downtown Kingston.
The Jamaica Stock Exchange main market index recovered from the sharp fall on Monday to post some modest gains at the close of trading on Monday, but declining stocks still outnumbered advancing ones, 2 to 1 as investors continue to mark the majority of prices down on a day of modest trading.
At the close, the All Jamaica Composite Index added 411.89 points to close at 254,648.29, the JSE Market Index gained 375.28 points to 232,013.43 and the JSE US dollar market index shed 3.42 points to close at 172.23.
At the close of trading, 23 securities changed hands in the main market, with 2 trading in the US dollar market, Activity led to just 5 stocks advancing and 11 declining. The main market ended with 1,989,011 units valued at $78,337,785 changing hands compared to 3,946,660 units valued at $78,337,785 at the close on Friday. Trading in the US dollar market accounted for 132,375 units valued at US$35,402 bringing the total trade in all the markets to J$$25,045,014.
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 1 with a lower offer.
The main market ended trading with an average of 86,479 units valued at $891,431 for each security traded compared to an average of 146,173 units valued at $2,901,399. The average volume and value for the month to date ended at 126,520 units with an average value of $2,728,168 compared with an average of 134,528 units with an average value of $3,095,516 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 fell 50 cents and ended at $14.30, with an exchange of 9156 shares, Cable and Wireless closed at $1.05, with 18,310 stock units switching owners, Caribbean Cement traded $3.15 cents lower to close at $24.35 in exchanging 12,950 shares, Carreras closed at $88 with 29,518 shares changing hands,Grace Kennedy lost 98 cents to close at $41.01 trading 6,353 units. Jamaica Broilers exchanged 30,200 shares at $17.60, having lost 40 cents, Jamaica Producers closed at $14.45, with 4,500 shares trading. Jamaica Stock Exchange exchanged 7,540 shares at $6.40, JMMB Group gained 40 cents to close at $19 trading 218,160 units, Kingston Wharves closed at $29, with a loss of $1.50 exchanging 400 units, 
Mayberry Investments lost 9 cents to close at $4.60, with 8,000 shares changing hands. NCB Financial Group closed at $68.50, with a loss of $2 after exchanging 41,943 shares, 1834 Investments gained 4 cents to end at $1.36 with 1,220 shares traded, Portland JSX lost 1 cent to close at $10, with an exchange of 500 units, Proven Investments added 50 cents in trading 66,000 shares at $24.51, Pulse Investments lost 25 cents to close at $2.75, with 58,200 shares changing hands,Radio Jamaica traded 30 cents lower to close at $1.20 with 64,959 shares exchanged. Sagicor Group closed at $30.50, with gains of 50 cents trading 42,230 shares, Sagicor Real Estate Fund added 2 cents, closing at $12.26, with 3,684 units traded, Scotia Group closed at $42 with an exchange of 108,188 shares while Supreme Ventures closed at $7.25, after losing 25 cents with an exchange of 4,000 shares. Proven Investments US ordinary share closed at 22 US cents trading 66,000 units, Margaritaville Turks US ordinary shares traded 66,375 units at 32 US cents, Jamaica Money Market Brokers 7.5% preference share closed at $2 exchanging 238,000 units and JMMB Group7.5% preference share exchanged 1,015,000 units at $1.10.
Jamaica stock market plunged on Friday
The Jamaica Stock Exchange main market had a big hit on Friday as declining stocks outnumbered advancing ones, 2 to 1 as investors marked prices of several stocks sharply down leading to a fall of more than 5,000 points in the all Jamaica composite Index.
At the close, the All Jamaica Composite Index plunged 5,207.13 points to close at 254,236.40, the JSE Market Index dived 4,744.29 points to 231,638.15 and the JSE US dollar market index gained 2.61 points to close at 175.65.
At the close of trading, 27 securities changed hands in the main market, with 1 trading in the US dollar market, and 1 in bond market. Activity led to 7 stocks advancing and 13 declining. The main market ended with 3,946,660 units valued at $78,337,785 changing hands compared to 1,498,592 units valued at $27,780,303 at the close on Thursday.
Trading in the US dollar market accounted for 832,819 units valued at US$188,222 bringing the total trade in all the markets to J$320,285,532.
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 1 with a lower offer.
The main market ended trading with an average of 146,173 units valued at $2,901,399 for each security traded compared to an average of 59,944 units valued at $1,111,212. The average volume and value for the month to date ended at 134,528 units with an average value of $3,095,516 compared with an average of 131,617 units with an average value of $3,144,045 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 closed at $14.80, losing $1.90 in trading 2,182 shares, Cable and Wireless lost 5 cents and closed at $1.05, with 588,717 stock units switching owners, Caribbean Cement traded 30 cents lower to close at $27.50 in exchanging 2,927 shares, Carreras traded $1 lower after closing at $88 with 3,396 shares changing hands. Grace Kennedy closed at $41.99, losing 1 cent in trading 39,817 units. Jamaica Broilers exchanged 2,000 shares at $18, Jamaica Producers lost 56 cents to close at $14.45, with 12,939 shares switching owners. 
Jamaica Stock Exchange ended at $6.40 trading 28,978 shares, JMMB Group closed at $18.60, with a loss of 90 cents in exchanging 18,126 units, Kingston Properties traded 2,569 units at $8, Kingston Wharves closed at $30.50, with gains of 50 cents from the trading of 6,400 shares, Mayberry Investments gained 14 cents to close at $4.69, with 15,113 shares changing hands. NCB Financial Group rose 50 cents and closed at $70.50, after exchanging 6,291 shares, 1834 Investments lost 3 cents in closing at $1.32 with 14,400 shares traded, PanJam Investment gained 15 cents to close at $34.25, with 355,285 units changing hands, Portland JSX exchanged 1,000 units at $10.01, Proven Investments traded 1,387,365 shares at $24.01, Pulse Investments lost 50 cents to close at $3, with 37,114 shares changing hands, Radio Jamaica shed 10 cents lower to close at $1.50 with 100,638 shares trading. Sagicor Group closed at $30, with a loss of $3 trading 10,436 shares, Sagicor Real Estate Fund traded 1,800 units at $12.24, Scotia Group traded $1 lower, to end at $42 with an exchange of 617,719 shares, Scotia Investments traded 11,395 shares ad closed at $36.01, Sterling Investments closed at $14.05, with a loss of $1.45 and 2,000 shares changing ownership while Supreme Ventures gained 50 cents to close at $7.50 and with an exchange of 5,500 shares. Proven Investments US ordinary shares closed at 22 US cents in trading 832,819 units, JMMB 7.5% preference share gained 15 cents to close at $2 in exchanging 671,301 units, JMMB Group7.25% preference share rose 6 cents, closing at an 52 weeks’ high of $1.55, with 1,252 units changing hands and ISP Finance bond traded 207,000 units at $1.
Palace jumps $50 to $550 on Thursday
Palace Amusement hit a record of $550 on Thursday.
Palace Amusement stock jumped by $50 to close at an all-time high of $550, with only 143 shares trading, the big price movement would have little effect on market index. The next largest movement was Carreras with a fall of $3 as it pulled back from the record close on Wednesday.
At the close of the market, the All Jamaica Composite Index declined 192.22 points to close at 259,443.53, the JSE Market Index fell 175.13 points to 236,382.44 and the JSE US dollar market index gained 1.21 points to close at 173.04.
At the close of trading, 25 securities changed hands in the main market with 1 trading in the US dollar market, leading to 8 stocks advancing and 10 declining. The main market ended with 1,498,592 units valued at $27,780,303 changing hands compared to 5,512,413 units valued at $131,703,756 at the close on Wednesday. 
Trading in the US dollar market accounted for 620,750 units valued at US$137,765 bringing the total value of trading $204,533,145. In the bond market, ISP Finance bond traded 207,000 units at $1.10 each.
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 2 with lower offers.
The main market ended trading with an average of 59,944 units valued at $1,111,212 for each security traded compared to an average of 212,016 units valued at $5,065,529. The average volume and value for the month to date ended at 131,617 units with an average value of $3,144,045 compared with an average of 155,508 with an average value of $3,821,656 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 closed at $16.70, gaining $1.20 in trading 2,094 shares, Cable and Wireless lost 3 cents and closed at $1.10, with 143,899 stock units switching owners, 
Caribbean Cement traded 20 cents lower to close at $27.80 in exchanging just 194 shares, Carreras traded $3 lower to close at $89 with 34,284 shares changing hands, Grace Kennedy closed at $42, with gains of $1.50 trading 19,382 units. Jamaica Broilers exchanged 44,607 shares at $18, Jamaica Producers added 1 cent to close at $15.01, with 111,089 shares trading, Jamaica Stock Exchange lost 55 cents to close at $6.40 trading 26,463 shares, JMMB Group closed at $19.50, after gaining 50 cents in exchanging 26,717 units, Kingston Properties traded $1 lower, to close at $8, with 3,200 units changing hands, Kingston Wharves closed at $30, with a rise of $1 after the trading of 250 units, Mayberry Investments lost 5 cents to close at $4.55, with 31,464 shares changing hands. NCB Financial Group closed at $70, after exchanging 23,981 shares, 1834 Investments lost 15 cents in closing at $1.35 with 346,000 shares traded, Palace Amusement advanced $50, closing at an all-time high of $550 in exchanging only 143 units, PanJam Investment closed at $34.10, after losing 40 cents with trades of 50,200 shares, Proven Investments gained 1 cent to close at $24.01, with an exchange of 406,756 shares, Pulse Investments closed at $3.50, with 34,714 shares changing hands, Radio Jamaica traded 129 shares at $1.60. Sagicor Group lost 50 cents and closed at $33, with 32,985 shares changing hands, Sagicor Real Estate traded 17,766 units at $12.24. Salada Foods exchanged 1,128 shares at $10, Scotia Group traded 45 cents higher and closed at $43 with an exchange of 104,910 shares, Seprod traded 18,250 shares at $30 while Supreme Ventures closed at $7, with a loss of 77 cents and an exchange of 17,987 shares and Proven Investments US ordinary shares closed at 22 US cents in trading 620,750 units.
