Sagicor Group traded 2.2 million shares on Thursday.
Trading levels in main market ended at 12,546,567 units valued at $314,956,099 compared to 3,999,238 units valued at $59,651,337 at the close on Wednesday. Trading in the US dollar market accounted for 133,258 units valued at US$44,491.
The All Jamaica Composite Index shed 900.51 points to close at 249,435.64 the JSE Market Index fell 820.47 points to finish at 227,264.13 and the JSE US dollar market index lost 2.74 points to close at 216.26.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 8 stocks with bids higher than their last selling prices and 4 with lower offers.
The main market ended trading with an average of 464,688 units valued at $11,665,041 for each security traded compared to an average of 159,970 units valued at $2,364,549 for each security traded, on Wednesday.
The average volume for the month to date ended at 482,551 units carrying an average value of $5,641,802 versus 484,175 units valued at $5,094,235 for each security on the prior trading day. The average volume and value for March ended at 549,909 units and $1,379,459.In market activity, Barita Investments rose 10 cents to close at $7.10 with trades of 1,360 units, Berger Paints closed at $14, gaining 7 cents while trading 64,890 shares, Cable and Wireless closed at $1.36, added 1 cent with an exchange of 88,650 shares, Caribbean Cement traded 30,875 units at $32. Carreras closed at $74.01, after rising 1 cent in exchanging 281,265 shares, Grace Kennedy jumped $2.50 and closed at $44.50, trading 131,680 units, Jamaica Broilers closed 11 cents higher to $16.91 with 1,514,601 shares changing hands, Jamaica Producers closed at $15.50, with an addition of 9 cents, exchanging 133,019 shares, Jamaica Stock Exchange lost 5 cents to close at $7.95, with 55,514 shares changing hands. JMMB Group closed 2 cents higher to $19, trading of 65,550 units, Kingston Wharves gained 1 cent to close at $31.01 trading 20,146 units,
Mayberry Investments lost 15 cents to close at $4.55 exchanging 1,020 shares, NCB Financial Group traded $5 lower to close at $65, with 1,133,567 shares changing hands, 1834 Investments closed at $1.48, losing 2 cents with an exchange of 3,729 shares, PanJam Investment traded 63,059 shares at $35. Portland JSX rose 20 cents, to close at $10.20, with 26,113 units being exchanged, Pulse Investments closed 5 cents higher to $8.05 trading 2,000 shares, Radio Jamaica gained 11 cents to close at $1.76 with trades of 5,567,701 shares, Sagicor Group closed at $33.30, gaining 5 cents trading 2,201,519 shares, Sagicor Real Estate Fund closed at $10.05, with 10,181 shares traded, Salada Foods closed 15 cents lower at a new 52 weeks’ low of $6.90, with 450 shares changing owners, Scotia Group closed at $41.90, with gains of $1.90 exchanging 394,502 units, Scotia Investments closed at $37.01 trading 600,000 shares, Seprod traded 21,235 units at $35, Supreme Ventures shed 4 cents and closed at $6.11, exchanging 87,164 shares. Proven Investments closed at 30 US cents with trades of 126,928 ordinary shares, Jamaica Public Service 9.5% preference share lost $6.50 to close at $1,276.50 with an exchange of 45,277 units, JMMB Group 7.5% preference share traded at $1.05 with 1,500 units changing hands, and JMMB Group US 6% preference share closed at US$1.10 with trades of 6,330 units.
Cable and Wireless closed at $1.35, gaining 5 cents with an exchange of 953,276 shares, and Caribbean Cement closed $2 higher to $32 with 175,355 units changing hands. Carreras closed at $74, exchanging 21,369 shares, Grace Kennedy closed at $42, losing 80 cents with trades of 254,769 units, Jamaica Broilers closed 20 cents lower to $16.80 with 170,159 shares changing hands, Jamaica Producers closed at $15.41, with gains of 41 cents while exchanging 7,182 shares,Jamaica Stock Exchange gained $1 to close at $8, with an exchange of 87,363 shares. JMMB Group closed 33 cents higher at $18.98, with trades of 403,706 units, Kingston Properties traded at $15.50, losing 45 cents with 2,800 shares changing hands, Kingston Wharves closed $1 higher at $31, in trading 22,662 units, Mayberry Investments gained 20 cents to close at $4.70 exchanging 6,761 shares, NCB Financial Group traded $5 higher to end at a 52 weeks’ closing high of $70, with 36,393 shares changing hands, 1834 Investments closed at $1.50, with an exchange of 12,748 shares, 
138 Student Living closed at $4.49 with 6,012 units traded, infrequent traderPalace Amusement advanced $30, to end at a 52 weeks’ high of $230 while exchanging just 100 units, Pan Jamaican closed at $35, while gaining 34 cents with 21,503 shares changing hands. Radio Jamaica gained 5 cents to close at $1.65 with trades of 25,081 shares, Sagicor Group gained 20 cents to close at $33.25, while trading 511,828 shares, Sagicor Real Estate Fund closed at $10.05, with 1,472 shares traded, Salada Foods closed 95 cents lower, to end at a 52 weeks’ low of $7.05, with 1,000 shares changing owners, Scotia Group lost $1.50 and closed at $40, exchanging 149,444 units, Supreme Ventures closed at $6.15, while losing 23 cents and trading 2,373 shares. Proven Investments closed at 30 US cents, exchanging 5,437 ordinary shares, Jamaica Money Market Brokers 7.5% preference share lost 1 cent to close at $1.80 with an exchange of 130,597 units, JMMB Group 7.5% preference share traded 5 cents lower, closing at $1.05 with 958,180 units changing hands, and JMMB Group US 6% preference share rose 2 cents and closed at US$1.10 with trades of 19,706 units.
ents gained 10 cents to close at $7, with 59,000 shares changing hands, Berger Paints closed at $14 with trades of 5,100 shares, Cable and Wireless closed at $1.30 with an exchange of 434,033 shares, Caribbean Cement closed $2 lower at $30 with 86,694 units changing hands. Carreras closed at $74, gaining $1 exchanging 4,308 shares, Grace Kennedy closed at $42.80, with a loss of $1.20 trading 23,192 units, Jamaica Broilers gained 10 cents to close at $17 with 31,773 shares changing hands, Jamaica Producers closed at $15, with a loss of 50 cents exchanging 100,177 shares, Jamaica Stock Exchange closed 95 cents lower at $7, with a sale of 939,133 shares. JMMB Group closed 25 cents higher at $18.65, trading of 39,681 units, Kingston Properties traded at $15.95 with 200 shares changing hands, Kingston Wharves closed $1 lower to $30 trading 38,797 units, NCB Financial Group traded at a new intraday high of $75 but failed to hold on to the gain at the end of trading to end with 38,440 shares trading at $65, 1834 Investments gained 2 cents to close at $1.50, trading 10,000 shares, 138 Student Living closed at $4.49 with 63,500 units traded, 
PanJam Investment closed at $34.66, after losing 34 cents with 39,662 shares changing hands. Pulse Investments traded 4,900 units at $8,Radio Jamaica lost 15 cents to close at $1.60, with an exchange of 52,330 shares, Sagicor Group closed at $33.05, gaining 3 cents with an exchange of 2,253,648 shares, Sagicor Real Estate Fund closed at $10.05, with a loss of 5 cents and 7,200 shares traded, Scotia Group jumped $2.75 to $41.50, with an exchange of 43,366 units, Seprod lost $4 to close at $35, trading 4,532 shares, Supreme Ventures closed at $6.38, with 78,390 shares changing hands. Proven Investments closed at 30 US cents, losing 1 US cent exchanging 56,625 ordinary shares, Jamaica Money Market 7.25% preference share lost 9 cents, closing at $2.41 with 500 units changing owners, Jamaica Money Market 7.5% preference share traded 100,000 units at $1.81, having lost 19 cents, JMMB Group 7.25% preference share closed at $1.50 with 430 units traded and JMMB Group 7.5% preference share traded 150 units at $1.10.
The average PE ratio of both markets are currently at an average of 12, based on this year’s estimated. At the close of the markets on Thursday, IC Insider.com’s TOP 10 Junior Market stocks continue to trade at an average discount of just under 40 percent to the Junior Market average, those in the main market are trading just below 50 percent discount, leaving several stocks with good room for growth for the rest of the year.
Caribbean Cement continues to trade with a heavy downside bias notwithstanding the rise in price for the week to $32, with last year’s first quarter results dated April 20, this year’s results could be out in the coming week and provide direction for the stock. 
NCB Financial at record high of $66.90 during trading on the Jamaica Stock Exchange on Thursday but closed lower by the close of the market. Trading ended with 22 securities changing hands with 2 trading in the US dollar market. In the main market, 4 stocks advanced and 12 declined in the main market.
The main market ended trading with an average of 82,915 units compared to an average of 58,075 units on Wednesday. The average volume for the month to date ended at 555,645 units versus 614,736 units on the prior trading day. The average volume and value for March ended at 549,909 units and $1,379,459.
Pan Jamaican closed at $35 with 11,900 shares changing hands. Radio Jamaica lost 4 cents to close at $1.75 with trades of 20,488 shares, Sagicor Group closed at $33.02, after losing 48 cents in exchanging 16,970 shares, Sagicor Real Estate Fund closed at $10.10, with a loss of 10 cents and 989 shares traded, Scotia Group closed $1.24 lower to $38.75, with an exchange of 17,697 units, Supreme Ventures closed at $6.38, gaining 28 cents with trades of 300,681 shares. Margaritaville Turks gained 0.03 US cents to close at just over 26 US cents with 1,600 units traded, Proven Investments closed at 31 US cents exchanging 88,180 ordinary shares, JMMB 7.25% preference share gained 9 cents, closing at a 52 weeks’ high of $2.50 with 2,667 units changing owners and JMMB Group 7.25% preference share traded 200 units at $1.50.
The average volume and value for March ended at 549,909 units and $1,379,459.
NCB Financial Group gained $1.60 to close at $64, after exchanging 19,712 shares, 1834 Investments traded 4 cents lower to close at $1.50, while exchanging 7,900 units, 138 Student Living closed at $4.49, gaining 3 cents with an exchange of 12,400 units, Pan Jamaican closed 14 cents lower at $35.46 with 20,250 shares changing hands. Radio Jamaica gained 20 cents to close at $1.80, trading 37,000 shares, Sagicor Group closed with a loss of 97 cents to $32.54 exchanging 225,742 shares, Sagicor Real Estate Fund closed at $10.05, with 4,600 shares traded, Scotia Group closed at $38.60, with trades of 62,464 units, Seprod advanced $3.70 to close at $39.70, with 2,000 shares changing hands, Sterling Investments gained 25 cents, closing at $17 with an exchange of 67,394 units, Supreme Ventures closed at $6.38 trading 21,500 shares and Proven Investments gained 2 US cents to close at 31 US cents with trades of 72,850 ordinary shares.
bid-offer indicator reading shows 12 stocks with bids higher than their last selling prices and 4 with lower offers.
Mayberry Investments closed at $4.80 with a 10 cents gain trading 41,016 shares, NCB Financial Group closed at $62.40, after exchanging 15,500 shares, 1834 Investments traded 2,874 units at $1.54, while 138 Student Living traded 30,700 units at $4.46, having lost 3 cents, Pan Jamaican closed 60 cents higher at $35.60 with 5,241 shares changing owners. Pulse Investments traded 2,000 units at $8, Sagicor Group closed with gains of 51 cents to $33.51, exchanging 11,135,988 shares, Sagicor Real Estate Fund lost 46 cents to close at $10.05, with 695 shares traded, Scotia Group dropped $1.40 and closed at $38.60, trading 10,154 units, Seprod fell $3.70 to close at $36, while trading 5,400 shares, Supreme Ventures closed at $6.38, gaining 3 cents with trades of 360,757 shares. Proven Investments lost 1 US cent to close at 29 US cents with trades of 3,670 ordinary shares and JMMB Group 7.5% preference share gained 5 cents to close at $1.10, with an exchange of 884,000 units.
Blue Power was eased out of the Top list for Juniors with Lasco Financial moving in to occupy the tenth spot, this past week. Access Finance that ended the previous week with the bid at $39, traded to end the past week at $34.25 to be back in the list.
In the Main market, Barita Investments has limited buying interest at the current price with just 100 units on the bid at $6.86 and just 9,200 units on the offer at $7.70, this represents quite some change form the week past when the offers were at $7, which were taken out by buyers.
In market activity, Berger Paints closed at $12.05, losing 25 cents with 3,430 shares changing hands, Cable and Wireless closed at $1.28 with an exchange of 1,715,016 shares, Caribbean Cement added 50 cents to close at $30.50 with trades of 2,051 units. Carreras closed $3.98 higher to $74 with 3,589 shares being exchanged, Grace Kennedy added 85 cents to close at $44.70, with 54,517 units trading, Jamaica Broilers closed with trades of 24,595 shares at $16.50, Jamaica Producers closed at $15, with 24,515 shares changing hands, JMMB Group closed 45 cents lower at $18.55 trading 250,373 units, Kingston Properties gained 5 cents to close at $15.95 with 3,730 shares changing hands. Kingston Wharves closed at $32.36, with gains of $1.35 while exchanging 694 units, Mayberry Investments lost 5 cents to close at $4.70 with trades of 20,638 shares, NCB Financial Group gained 50 cents, closing at $62.40 after exchanging 2,216,545 shares, 138 Student Living traded 787,300 units at $4.49, Pan Jamaican closed 61 cents lower at $35 with 1,000,860 shares changing owners. Portland JSX slid 90 cents trading 700 units to close at $10 
, Radio Jamaica closed at $1.60 with an exchange of 1,422,991 units, Sagicor Group closed at $33, after falling by $1 with 544,295 shares changing hands, Sagicor Real Estate Fund gained 51 cents to close at $10.51, with 1,480 shares traded, Scotia Group climbed $1.39 to close at $40, with 258,220 units traded, Scotia Investments jumped $3.15 to $39.20 in exchanging 12,000 shares, Supreme Ventures closed at $6.35, with trades of 16,521 shares. Margaritaville Turks gained 3 US cents to close at 26.01 US cents trading 3,400 units, Proven Investments closed at 30 US cents trading 19,950 ordinary shares and JMMB Group 7.5% preference share closed at $1.05, with an exchange of 1,147,989 units.
Trading in the main market of the Jamaica Stock Exchange closed on Thursday with Radio Jamaica trading 90 million shares to be the market leader as the market close with 27 securities changing hands with 1 trading in the US dollar market. In both markets, 10 stocks advanced and 11 declined.
The main market ended trading with an average of 3,475,103 units valued at an average of $11,869,147 compared to an average of 107,109 units on Wednesday carrying a value of $3,054,002 per security traded. The average volume for the month to date ended at 938,424 units with an average value of $4,736,206 versus 92,865 units with a value of $4,736,206 per traded security on the prior trading day. The average volume and value for March ended at 549,909 units and $1,379,459.
Portland JSX gained 90 cents trading 100 units to close at $10.90, Pulse Investments traded 1,000 shares at $8, Radio Jamaica closed at $1.60, losing 29 cents with an exchange of 90,043,125 units, Sagicor Group closed at $34, with 716,534 shares changing hands, Sagicor Real Estate Fund lost 30 cents to close at $10, with 4,500 shares traded, Scotia Group declined $1.39 to $38.61 trading 126,722 units, Scotia Investments tumbled $3.45 to close at $36.05 exchanging 101,100 shares, Seprod lost 30 cents, closing at $39.70 with 3,000 shares changing hands, Supreme Ventures closed at $6.35, with gains of 34 cents exchanging 23,758 shares. Proven lost US 1 cent trading 117,700 ordinary shares to close at 30 US cents and JMMB Group 7.5% preference share closed at $1.05, with an exchange of 4,016 units.
