Desnoes & Geddes was saying goodbye to the Jamaica Stock Exchange on Wednesday, with a block trade representing the purchase of the minority shares amounting to 630,339,249 units carrying a value of $19,439,662,439 (US$163 million) at $30.84 each. At the close there were still over 10,714 shares on offer at $30 or more.
The market closed with 43 securities changing hands in all market segments, 18 of which gained and 8 declined. Five stocks closed at 52 weeks’ highs and Sagicor Real Estate Fund trading at an intraday high of $11.65 as 6,392,546 units valued at only $71,121,018 changed hands in all markets. The junior market accounted for 1,700,082 units changed hands, valued at $8,831,236.
The JSE Market Index climbed 952.94 points to 164,177.95 the all Jamaica Composite Index closed with a rise of 1,064.96 points to end at 182,434.42 and the JSE combined index gained 984.41 points to close at 174,922.90.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 13 stocks with bids higher than their last selling prices and 1 with a lower offer.
At the end of the market activities, Barita Investments ended with 64,500 units trading to close at $4.48, in continued response to 2015 full year results, showing 55 cents per share earnings. Investors continued to respond positively to increased nine months results for Berger Paints, by bidding the stock up by 20 cents to end at $4.20, with 117,500 units traded. 
Cable and Wireless with 146,673 units trading closed with a fall of 1 cent at $1.55. Caribbean Cement lost 39 cents to close at $28.60, with 3,500 shares changing hands, Carreras exchanged 35,941 shares at $63 and gained $1.45 in the process, Ciboney traded 100,000 and gained to end at 24 cents, Gleaner Company traded 23,817 shares and rose 6 cents to $2.70, Grace Kennedy closed at $82.50 with 6,094 units changing hands. Jamaica Broilers climbed $1 to $15 with 1,951,667 shares changing hands, Jamaica Producers ended at $30 with 21,500 units trading, Jamaica Stock Exchange closed with a loss of 25 cents at $19.75 with 42,577 units trading, JMMB Group traded 1,098,727 units but rose 4 cents to end at $10.95. Mayberry Investments had 50,655 shares changing hands at $4.60, National Commercial Bank traded 44,444 shares and gained 15 cents to close at $43, 
Pan Jamaican Investment traded 6,30 units to gain $3.50 and close at $97.50, Pulse Investments traded 50,000 shares with a rise of 25 cents to close at $3.50. Sagicor Group closed at $23.05 with 28,350 units changing hands, Scotia Group had 226,400 shares changing hands to close with a rise of 1 cent at $35 but the stock was offered at $34.50 at the close, Seprod added 91,557 units and gained 49 cents in ending at $19 but traded at a 52 weeks’ intraday high of $21.05, Supreme Ventures closed at $6.35 with 305,480 units changing hands. Proven Investments ordinary share traded 20,380 units to close at 22 US cents, down from Monday’s 22.89 US cents, JMMB 7.5% preference share traded 25,000 units at $2.10 and Proven preference share traded 19,400 units at $5.
JSE post gains in morning session
Trading on the Jamaica Stock Exchange in the morning session on Wednesday is off to a bright start with new 52 weeks’ highs being reached in Berger Paints and Pulse Investments.
Trading volumes are up across the board after 75 minutes of trading, with 34 securities traded amounting to 2,039,201 units. 11 stocks recorded gains and 10 declined.
Scotia Bank traded 186,800 units at $34.99 but has an offer to sell at $32 as this stock seems set to continue its sharp up and down movements that it has been doing from 2015. Caribbean Producers had a good volume of 663,072 units but slipped back to $5.10 from the closing price of $5.50 on Tuesday.
The all Jamaica Composite Index climbed 561.17 points to 181,930.63, the JSE Market Index rose 502.14 points to 163,727.15, the JSE combined index gained 532.63 points to 174,471.12 and the junior market index gained 6.55 points to 2,224.19 as this market continues to make recovery from recent declines.
Scotia gives market major push – Tuesday
Berger Paints traded at a 52 weeks’ high on Tuesday
The Jamaica Stock Exchange closed with 43 securities changing hands in all market segments, 18 of which gained and 16 declined. Five stocks closed at 52 weeks’ highs and Sagicor Real Estate Fund traded at an intraday high of $11.65 as 6,392,546 units valued at only $47,425,214 changed hands in all markets. The junior market accounted for 2,288,351 units changed hands, valued at $8,386,950.
The JSE Market Index climbed 1,693.42 points to 163,225.01 the all Jamaica Composite Index closed with a rise of 1,892.50 points to end at 181,369.46and the JSE combined index gained 1,543.79 points to close at 173,938.49.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 8 stocks with bids higher than their last selling prices and 1 with a lower offer.
At the end of the market activities, Barita Investments ended with 135,900 units trading to close at $4.48 with a gain of 20 cents, in response to 2015 full year results, showing 55 cents per share earnings.
Investors also responded favourably to increased nine months results for Berger Paints, by bidding the stock up by 37 cents to end at $4, with 300,001 units traded. Caribbean Cement climbed 39 cents to close at $28.99, with 9,884 shares changing hands, Carreras exchanged 33,751 shares at $61.55 but lost 45 cents. Ciboney traded 1,035,533 and gained 1 cent to end at 24 cents, Gleaner Company traded at 85,044 shares and rose 4 cents to $2.64, Grace Kennedy fell 50 cents and closed at $82.50, with 5,280 units changing hands but the stock traded in Trinidad at $4.20 (J$79.50) on Tuesday. Jamaica Broilers fell 45 cents to $14 with 40,770 shares changing hands, Jamaica Producers gained 85 cents to end at $30 with only 5,250 units trading, Jamaica Stock Exchange closed $20 with 73,700 units trading, JMMB Group traded 9,500 units but fell 9 cents to end at $10.91. Mayberry Investments had 4,278 shares changing hands but rose 10 cents to $4.60, National Commercial Bank traded 20,628 shares but fell 14 cents to close at $42.85, Pulse Investments traded 27,417 shares with a rise of 3 cents to close at $3.25. Sagicor Group closed at $23 with 57,009 units changing hands, 
Scotia Group had 607,506 shares changing hands to close with a rise of $3.43 at $34.99 but the stock was offered at $32.50 at the close, Scotia Investments had 5,750 shares trading to close with a loss of $2.89 at $27.01. Seprod added 10,303 units and lost $1.49 in ending at $18.51, Sterling Investments had 92,266 units changing hands to close at $13, Supreme Ventures closed at $6.35 after gaining 25 cents with 98,920 units changing hands. Proven Investments ordinary share traded 151,161 units to close at 22 US cents, down from Monday’s 22.89 US cents, Jamaica Money Market Brokers 7.5% preference share traded 469,000 units at $2.10 after dropping back by 15 cents and Proven Investments preference share traded 48,900 units at $5.
24 stocks rose on JSE – Monday
Berger Paints reported a 61% increase in profits for the 9 months to December 2015, after trading closed.
The Jamaica Stock Exchange closed with 40 securities changing hands in all market segments, 24 of which gained and 8 declined with the junior market index climbing over 2 percent.
Two stocks closed at 52 weeks’ highs one at a 52 weeks’ low and one traded at intraday highs as 12,148,016 units valued at only $49,596,056 changed hands in all markets. The junior market accounted for 1,032,255 units changed hands, valued at $4,390,508.
The JSE Market Index climbed 1,182.30 points to 161,531.59 the all Jamaica Composite Index closed with a rise of 1,321.29 points to end at 179,476.96 and the JSE combined index gained 1,554.59 points to close at 172,394.70.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 9 stocks with bids higher than their last selling prices and 1 with a lower offer.
At the end of the market activities, Berger Paints lost 7 cents to end at $3.63 as 26,559 units traded, the company released results to December with an increase of 61 percent in after tax profit of $153.6 million from $95.3 in 2014 for the nine months period on sales that rose 11 percent.
Cable and Wireless ended with 172,447 units changing hands to close at $1.59, Caribbean Cement climbed $1.95 to close at $28.60, with 8,800 shares changing hands. Grace Kennedy fell 50 cents and closed at $82.50, with 15,670 units changing hands but the stock traded on Friday in Trinidad at $4.15 and closed with a bid at $4.18 (J$78.16) on Monday. Jamaica Broilers fell 4 cents to $14.45 with 15,237 shares changing hands, Jamaica Stock Exchange gained 29 cents to $20 with 3,500 units trading, JMMB Group traded 26,728 units but gained 10 cents to end at $11, Kingston Wharves traded 9,245 units to close with a gain of 10 cents at $11.19. Mayberry Investments had 4,386 shares changing hands but rose 15 cents to $4.50, National Commercial Bank (NCB) traded 57,900 shares but rose $1.89 to close at $42.99 two trading days after the banking group released interim results to December, last year with a 12 percent increase in aftertax profit to $2.4 billion, from $2.1 billion. NCB stock traded in Trinidad on Friday at the equivalent of $5.20. 
Pan Jamaican Investment dropped $4 with just 2,930 units changing hands to close at $94, Pulse Investments traded 10,002,000 shares with a fall of 3 cents to close at $3.22 as Barita Investments crossed 10 million units. Sagicor Group gained 10 cents to close at $23 with 102,424 units changing hands, Scotia Group had 77,925 shares changing hands to close with a rise of 56 cents at $31.56, Scotia Investments had 1,000 shares trading to close with a gain of $1.90 at $29.90. Supreme Ventures closed at $6.20 and gained of 20 cents with 70,381 units changing hands, Proven Investments ordinary share traded 77,700 units to close at 22.89 US cents and JMMB 7.5% preference share traded 179,778 units at $2.25 after regaining 15 cents.
JSE up 8% for 2016 to Friday
Jamaican stock market gained 8% in January
Main market of the Jamaica Stock Exchange closed with gains in the indices on Friday with light trading volumes. Market activities closed with 43 securities changing hands in all market segments, 15 of which gained in the combined markets and 19 declined. At the end of the January trading accounted for $2.45 billion with the combined market index rising 8 percent, since the start of the year.
Two stocks closed at 52 weeks’ highs one at a 52 weeks’ low and one traded at intraday highs as 3,047,233 units valued at only $19,756,390 changed hands in all markets. The junior market accounted for 1,176,492 units changed hands, valued at $6,265,417.
The JSE Market Index fell sharply by 2,439.44 points to 159,591.63 the all Jamaica Composite Index closed with a big decline of 2,726.20 points to end at 177,308.95 and the JSE combined index dropped 3,176.12 points to close at 169,880.83.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 19 stocks with bids higher than their last selling prices and 1 with a lower offer.
At the end of the market activities, Berger Paints lost 5 cents to end at $3.70 as 106,008 units traded, Cable and Wireless ended with 1,116,925 units changing hands to close 1 cent lower at $1.59, Caribbean Cement climbed $1.65 to close at $26.65, with 9,011 shares changing hands. Grace Kennedy fell 49 cents and closed at $83, with 1,378 units changing hands. Jamaica Broilers gained 39 cents to $14.49 with 37,753 shares changing hands, Jamaica Producers gained 3 cents to $29.15 with 100,420 units trading, JMMB Group traded 47,742 units but fell by 10 cents to end at $10.90, Kingston Wharves traded 9,700 units to close with the loss of 5 cents at $11.09. Mayberry Investments had 20,000 shares changing hands and fell 16 cents to $4.35, National Commercial Bank traded only 1,200 shares but rose $1.10 to close at $41.10 after the banking group released interim results to December, last year with a 12 percent increase in aftertax profit to $2.4 billion, up from $2.1 billion. Pan 
Jamaican Investment gained $1.50 with just 100 units changing hands to close at $98, Pulse Investments traded 29,583 shares with a rise of 25 cents to close at $3.25. Sagicor Group lost 55 cents to close at $22.90 with 40,900 units changing hands, Scotia Group had 9,70 shares changing hands to close with a rise of 30 cents at $31, Scotia Investments had 150,000 shares trading to close with a loss of $2 at $28. Supreme Ventures closed at $6.20 and gained of 20 cents with 105,730 units changing hands, JMMB 7.5% preference share traded 75,000 units at $2.10 after slipping 15 cents and 138 Student Living preference share traded at a 52 weeks’ low of $4.90 while trading 1,000 shares with a loss of 10 cents.
JSE in big pull back on Thursday
Main market of the Jamaica Stock Exchange closed with sharp fall in the indices on Thursday with trading volumes being relatively light. Market activities closed with 42 securities changing hands in all market segments, 16 of which gained in the combined markets and 11 declined.
Two stocks closed at 52 weeks’ highs and one traded at intraday highs as 8,147,718 units valued at $82,326,591 changed hands in all markets. The junior market accounted for 2,952,252 units changed hands, valued at $17,175,945.
The JSE Market Index fell sharply by 2,439.44 points to 159,591.63 the all Jamaica Composite Index closed with a big decline of 2,726.20 points to end at 177,308.95 and the JSE combined index dropped 3,176.12 points to close at 169,880.83.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 16 stocks with bids higher than their last selling prices and 3 with lower offers.
At the end of the market activities, Berger Paints gained 35 cents to end at $3.75 as 403,923 units traded, Cable and Wireless ended with 1,768,646 units changing hands to close at $1.60, Caribbean Cement dropped $3 to close at $25, with 176,469 shares changing hands. Ciboney traded 502,865 units but fell 3 cents to 24 cents, Grace Kennedy jumped $2.69 and closed at $83.49, with 20,140 units changing hands. Jamaica Broilers dropped $1.45 to $14.10 with 186,932 shares changing hands, JMMB Group traded 80,650 units to end at $11. Kingston Wharves traded 27,407 units to close with the loss of 1 cent at $11.14, Margaritaville Turks traded 151,100 shares at 11.05 US cents. Mayberry Investments traded 24,568 shares at $4.51 with a rise of 1 cent, National Commercial Bank traded with a fall of $1 to close at $40, 
with 654,604 units changing hands, Pan Jamaican Investment gained $2.50 with 3,346 units changing hands to close at $96.50, Pulse Investments traded 102,235 shares with a rise of 40 cents to close at $3. Sagicor Group gained 45 cents to close at $23.45 with 4,170 units changing hands, Sagicor Real Estate Fund traded 40,881 shares at $11.60, Scotia Group had 8,387 shares changing hands to close with a loss of $1.30 at $30.70, Scotia Investments had 1,920 shares changing hands to close with a gain of $3.50 at $30. Supreme Ventures closed at $6 to record a loss of 55 cents with 221,810 units changing hands, Proven Investments ordinary share gained 2.98 US cents in trading 691,400 units to close at 22.98 US cents, JMMB 7.5% preference share traded 70,222 units at $2.25 and Proven Investments preference share traded 49,000 units at $5.
Pulse pushes back capital increase
Pulse’s directors put before the annual general meeting held on Tuesday at the company’s Villa Ronai complex a resolution to increase the capital of the company but agreed to withdraw it after a number of shareholders suggested that it should be postponed.
The resolution was incorporated into the agenda after the annual reports were printed and was asking shareholders to vote to increase the authorised capital from 336,835,181 shares to 450 million shares without par value. Shareholders argued that the request was being presented without any explanation for the increase. In addition, based on the points put forth by the directors that the expectation is to raise funds to help finance the property expansion with the building of townhouses, shareholders were of the view that thye needed to be presented with a plan for the development and its funding. Such plans shareholders felt should include some debt financing that could include preference shares or bonds issued to the public.
Pulse released interim results to December showing profits of $131.9 million for the six months up by 33 percent from the $99 million reported in 2014. For the December quarter profit amounted to 51.6 million or 26 percent higher than the $41 million in 2014.
Operating revenues rose 25 percent to $65 million from $63 million for the quarter and percent for the half year to $151 million from $132 million in 2014.
The net profit results include fair value appreciation on investment property of $25.4 million for the latest quarter versus $20.7 million in 2014 and $51.8 million for the six months to December 2015 and $42.3 million in 2014.
Earnings per share for the quarter came in at 19 cents and 49 cents for the six months and should reach $1 per share for the full year.
Market activity picked up on Tuesday
Main market of the Jamaica Stock Exchange closed with moderate gains in the indices on Tuesday with trading volumes being light. Market activities picked up from the 33 securities that traded on Monday to close with 43 changing hands in all market segments of which 22 securities in the combined markets gained and 14 declined.
Eight stocks closed at 52 weeks’ highs and one traded at intraday highs as 4,319,632 units valued at $43,703,774 changed hands in all markets. The junior market accounted for 1,200,794 units changed hands, valued at $5,249,310.
The JSE Market Index advanced by 147.39 points to 159,472.83 the all Jamaica Composite Index closed with a gain of 164.72 points to end at 177,176.18 and the JSE combined index rose 175.31 points to close at 170,513.05.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 8 stocks with bids higher than their last selling prices and 2 with lower offers.
At the end of the market activities, Berger Paints gained 29 cents to end at $3.60 as 103,176 units traded, Cable and Wireless ended with 268,670 units changing hands to close with a gain of 1 cent at $1.57, Caribbean Cement rose $1 to close at $25, with 54,507 shares changing hands. Carreras traded 86,825 shares at $62.50, Gleaner traded 10,560 units with a loss of 7 cents at $2.60, Grace Kennedy jumped $1.49 and closed at $83.49, with 13,200 units changing hands. Jamaica Broilers rose by 49 cents and closed at 52 weeks’ high of $14 with 561,626 shares changing hands. Jamaica Producers lost $2 to end at $29 with 15,812 shares changing hands, Jamaica Stock Exchange gained 3 cents to close at $19.70 while trading 199,677 shares, JMMB Group traded 112,847 units to end with a rise of 28 cents at $11. Kingston Properties traded 79,853 shares but lost 24 cents to end at $6.80, Kingston Wharves traded 11,310 units to close with a fall of 1 cent at $11.14, Margaritaville Turks traded 27,000 shares at 11.05 US cents with a rise of 0.05 cents. Mayberry Investments traded 201,632 shares and fell 35 cents to close at $4.50. 
National Commercial Bank traded with a rise of $1.75 to close at $41.75, with 45,227 units changing hands, Pan Jamaican Investment gained $2 with 10,830 units changing hands to close at a 52 weeks’ high of $98, Pulse Investments gained 10 cents to end at $2.60 while trading 19,848 shares. Sagicor Group fell by 5 cents to close at $23 with 189,997 units changing hands, Sagicor Real Estate Fund traded 74,254 shares but the price rose 1 cent to $11.60, Scotia Group had 460,994 shares changing hands to close with a loss of $1.50 at $30.50, Seprod had 10,000 units changing hands at $20, for a rise of $1. Supreme Ventures closed at a 52 weeks’ high of $6.49 to record a gain of $1.49 with 223,971 units changing hands, the stock traded at an all-time high of $6.90 during the day. Proven Investments ordinary share traded 184,364 units at 22 US cents, JMMB 7.5% preference share traded 152,692 units at $2.25 after rising 15 cents and Proven Investments preference share traded 77,800 units at $5.
C&W trades 51.4m shares on Thursday
C&W traded 51.4 Million shares on Thursday
Cable & Wireless traded over 51 million shares on Thursday on the Jamaica Stock Exchange as Sagicor Investments crossed more than 48 million on behalf of clients. The market continues to enjoy wide securities participation with 40 changing hands on Thursday in all market segments. At the close, 13 securities in the combined markets gained and 18 declined with the market indices climbing sharply.
Five stocks closed at 52 weeks’ highs and two traded at intraday high as 54,222,475 units valued at $114,953,664 changed hands in all markets. The junior market accounted for 1,498,422 units changed hands, valued at $9,013,294.
The JSE Market Index eked out an increase of 1,207.54 points to 157,025.07, the all Jamaica Composite Index closed with an increase of 1,349.49 points to end at 174,440.67 and the JSE combined index rose 1,080.44 points to close at 168,293.36.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice
bid-offer indicator reached an elevated level indicating several rising prices ahead with reading of 15 stocks with bids higher than their last selling prices and 5 with lower offers.
In trading, Barita Investments traded 20,000 shares and gained 72 cents to close at $6, for a 52 weeks’ high, at the close that stock had 10,000 offered to sell at $5, Berger Paints closed at $3.60 as 11,893 units traded, Cable and Wireless ended with 51,362,980 units changing hands to close with the loss of 1 cent at $1.49. Caribbean Cement fell 50 cents to close at $24.50, with 53,086 shares changing hands, Carreras lost $1 in trading 50,666 shares at $60, Desnoes & Geddes traded 24,527 units at a loss of 2 cents at $28.51, Grace Kennedy lost $1.52 and closed at $81.50, with 83,802 units changing hands. Jamaica Broilers closed at $13.50 with 107,799 shares changing hands to record a gain of 99 cents. Jamaica Producers lost $2.13 with 37,716 shares trading, to close at $31, Jamaica Stock Exchange lost 14 cents to close at $19.66 while trading 4,899 shares, JMMB Group traded 25,606 units to end with a loss of 79 cents at $11.01, 
Kingston Wharves lost 5 cents, in trading 23,750 units to close at $11. Margaritaville Turks traded 41,800 shares at 11 US cents. National Commercial Bank ended with a gain of 30 cents at $41.20, with 14,298 units changing hands, Pan Jamaican Investments closed at $96 with 10,779 shares trading. Pulse Investments traded 30,100 shares but fell 20 cents to $2.50, Sagicor Group rose by 40 cents to close at $22 with 32,585 units changing hands, Scotia Group lost 7 cents with 228,567 shares changing hands to close at $30.41. Sterling Investments closed with 157,800 shares changing hands at $13 and Supreme Ventures rose 35 cents to end at a 52 weeks’ high of $5.50 with 400,000 units changing hands.
JSE main market stocks retreat on Friday
JMMB Group closed at new 52 weeks’ high on Friday
Thirteen stocks closed at 52 weeks’ highs, as the Jamaica Stock Exchange’s main markets dipped but the junior market surged 8.7 percent to a new record high. Sharp gains in the three Lasco companies along with gains in 7 others, helped push the junior market index to it new heightened levels.
The JSE Market Index fell 361.01 points to 156,723.37, the all Jamaica Composite Index dropped 403.44 points to end at 174,103.51 and the JSE combined index rose 1,175.06 points to close at 166,676.48. At the close, 14,781,285 units valued at $108,053,355 changed hands in all markets with the junior market accounting for of 10,672,995 units changed hands, valued at $46,214,999. Trading was broad based with a total of 43 active securities in all market segments as 25 in the combined markets gained and 12 declined.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 15 stocks with bids higher than their last selling prices and 4 with lower offers.In trading, Berger Paints ended with 362,381 shares trading at $3.20, for a fall of 50 cents. Cable and Wireless rose 8 cents, with 430,114 units changing hands to close at $1.40, Caribbean Cement dropped $5.45 to end at $21.05, with 90,201 shares trading, Carreras fell $1 and closed at $60 with 102,883 units changing hands. Ciboney traded only 32,159 shares with price rising 1 cent to 25 cents, Desnoes and Geddes traded 2,000 shares but closed at $29.01, Gleaner Company traded 255,400 shares with a gain of 10 cents to close at $2.70, Grace Kennedy closed with 154,940 units changing hands at $84. Hardware and Lumber traded 599,470 shares at $18.50, Jamaica Broilers fell 1 cent and closed at $10.75 with 462,348 shares changing hands, Jamaica Producers traded 121,252 shares to end at $31. JMMB Group traded 223,017 units and rose 36 cents to end at a 52 weeks high of $12.36, Kingston Wharves rose 25 cents in trading 62,559 units at $11.25, National Commercial Bank gained $1.55 to end at $43.05, with 10,886 units changing hands at a new 52 weeks’ closing high. Radio Jamaica had 153,706 shares trading 45 cents higher at $5.50.
Sagicor Group jumped 52 cents to close at a 52 weeks’ high of $23.03 with 464,643 units changing hands, Sagicor Real Estate Fund traded 66,500 shares but the price jumped $1.60 to $11.60. Scotia Group closed with 62,862 shares changing hands at 52 weeks’ closing high of $32 for a gain of $1.90, Scotia Investments fell by 85 cents to close at $29.05 after trading 10,000 shares, Supreme Ventures fell 6 cents to end at $4.60 with 166,144 units changing hands. Proven Investments traded 36,200 ordinary shares to end at 21.5 US cents after declining by 1.49 US cents, Jamaica Money Market Brokers 7.50% preference share traded 50,000 units for a gain of 2 cent to end at $2 and Proven Investments preference share traded 182,905 units to close at $5.
