NCB jumps sharply to a new record – Friday

NCB closed at a record high on Friday.

The Jamaica Stock Exchange closed on Friday, with NCB Financial Group jumping $7.58 and ended trading 585,404 shares at record $137.99, after the Financial Securities commission of Trinidad announced clearance for NCB to proceed with the acquisition of up to nearly 52 percent of Guardian Holdings.
Market activity closed with 30 active securities in the main and US dollar markets, compared to 32 on Thursday with the prices of 14 stocks rose, 10 declined and 6 remained unchanged.
The All Jamaica Composite Index lost 1,646.73 points to 388,851.68 and the JSE Index declined by 1,500.36 points to close at 354,287.88.
Main market trading closed with Carreras leading with 4,106,737 units, or 53 percent of the day’s volume, JMMB Group 7.25% preference shares with 862,000 units with and 11 percent of volume traded and NCB Financial with 585,404 units accounting for 7.6 percent of main market volume.
IC bid-offer Indicator|At the end of trading, the Choice bid-offer indicator reading shows just 7 stocks ending with the bid higher than the last selling prices and 2 closing with lower offers.
The market closed with much trading volume than on Thursday as 7,711,871 units valued at $172,980,680 changed hands, compared with 3,304,274 units valued at $77,547,412 being exchanged, on Thursday.
Trading resulted in an average of 275,424 units valued at over $6,177,881, in contrast to 110,142 shares valued at $2,584,914 on Thursday. The average volume and value for the month to date, amounts to 251,748 valued at $3,117,393, compared to 251,748 valued at $3,117,393. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In the main market activity, Caribbean Cement jumped $4 to close at $50 in trading of 48,646 shares, Grace Kennedy fell 60 cents to end trading of 63,596 shares at $55, Jamaica Producers dipped gained $1.50 to end at $24.51, trading 650,876 shares, Jamaica Stock Exchange lost 84 cents, in closing at $10.16, trading 96,393 shares, JMMB Group declined $1 to $33, with an exchange of 231,551 shares, Kingston Wharves rose $1.90 to $77.90 trading 2,683 shares, Mayberry Investments rose 43 cents to settle at $10, in exchanging 46,773 units, NCB Financial Group rose 40 cents and ended trading of 164,248 shares at $130.41. PanJam Investment gained 60 cents in closing at $65.70, with an exchange of 40,135 stock units, Sagicor Real Estate Fund rose 50 cents and settled at $12, trading 12,010 shares, Salada Foods lost $1 to close at $20.50 as 19,000 shares traded, Scotia Group rose $2.49 trading 100,792 to close at $55.99, Seprod lost $1 to end trading of 209,641 shares at $28.50 and Supreme Ventures added 49 cents and ended at $16.95, with an exchange of 100 shares.
Trading in the US dollar market amounted to 52,105 units valued at $12,214. JMMB Group completed trading at $1.05 with 2,704 stock units and Proven investments completed trading 49,401 shares and lost 1 cent to end at 19 U$ cents and rose 0.5 cents. The JSE USD Equities Index fell 2.22 points to close at 157.43.

Falling stocks dominate JSE main market – Thursday

The Jamaica Stock Exchange main market lost more ground on Thursday, with volume exceeding Wednesday’s levels by a wide margin.
Market activity closed with 32 active securities in the main and US dollar markets, compared to 33 on Wednesday with the prices of 8 stocks rose, 18 declined and 6 remained unchanged.
The All Jamaica Composite Index lost 299.44 points to end at 390,498.41 and the JSE Index declined by 272.83 points to close at 355,788.24.
Main market trading closed with Jamaica Producers leading with 650,876 units, or 19.7 percent of the day’s volume, Seprod with 616,205 units and 18.7 percent of volume traded and 1834 Investments with 443,270 units accounting for 13.4 percent of main market volume.
IC bid-offer Indicator|At the end of trading, the Choice bid-offer indicator reading shows just 2 stocks ending with the bid higher than the last selling prices and 3 closing with lower offers.
The market closed with much trading volume than on Wednesday as 3,304,274 units valued at $77,547,412 changed hands, compared with 7,229,792 units valued at $190,325,727 being exchanged, on Wednesday.
Trading resulted in an average of 110,142 units valued at over $2,584,914, in contrast to 225,931 shares valued at $5,947,679 on Wednesday. The average volume and value for the month to date, amounts to 251,748 valued at $3,117,393, compared to 265,815 valued at $3,175,481. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In the main market activity, Barita Investments lost $1 to close at $19, trading 140,000 shares, Berger Paints lost $1.40 and ended at $18.60, with 6,680 stock units, Caribbean Cement dived $4 to close at $46 in trading of 500 shares, Grace Kennedy rose 60 cents to end trading of 10,836 shares at $55, Jamaica Producers dipped 99 cents to end at $23.01, trading 650,876 shares, Jamaica Stock Exchange lost 84 cents, in closing at $10.16, trading 96,393 shares, JMMB Group rose $1.60 to $34, with an exchange of 63,957 shares, Kingston Wharves dropped $2 to $76 trading 14,080 shares, Mayberry Investments shed 43 cents to settle at $9.57, in exchanging 13,638 units, NCB Financial Group rose 40 cents and ended trading of 164,248 shares at $130.41. PanJam Investment gained 60 cents in closing at $65.10, with an exchange of just 1,775 stock units, Sagicor Group declined 90 cents to $38.65, trading 37,603 shares, Sagicor Real Estate Fund fell 98 cents and settled at $11.50, trading 64,571 shares, Scotia Group rose $4.70 trading 90,583 to close at $55.99, Seprod rose $2.50 to end trading 616,205 shares at $29.50, Sterling Investments lost 75 cents and closed at $19.75, trading 800 shares, Supreme Ventures lost 50 cents and ended at $16.50, with an exchange of 156,532 shares and Sygnus Credit Investments Jamaican dollar based ordinary share dropped 95 cents in trading 33,550 units at $11.05.
Trading in the US dollar market amounted to 40,126 units valued at $5,783. Proven investments completed trading 21,126 shares to end at 20 U$ cents and rose 0.5 cents and Sygnus Credit Investments US dollar based ordinary share dropped 2 cents in trading 19,000 units at an all-time low of 8 US cents. The JSE USD Equities Index fell 3.13 points to close at 159.65.

Palace plunged $500 on Wednesday

Palace Dropped $500 back to $1,000.

After months with no trades, with investors offering the stock well below that last traded price of $1,500, Palace Amusement finally traded but with just 100 units, the trade took place on The Jamaica Stock Exchange on Wednesday for $500 less than the previous traded price. 
Market activity closed with 33 active securities in the main and US dollar markets, compared to 30 on Tuesday with the prices of 10 stocks rose, 9 declined and 14 remained unchanged.
The All Jamaica Composite Index lost 139.79 points to close at 390,797.85 and the JSE Index declined by 127.37 points to close at 356,061.07.
Main market trading closed with Jamaica Broilers leading with 2,506,851 units, or 34.7 percent of the day’s volume, Scotia Group with 1,533,780 units and 21 percent of volume traded and Radio Jamaica with 1,002,700 units accounting for 13.9 percent of main market volume.
IC bid-offer Indicator|At the end of trading, the Choice bid-offer indicator reading shows just 3 stocks ending with the bid higher than the last selling prices and 5 closing with lower offers.
Trading closed with 7,229,792 units valued at $190,325,727 changing hands compared with 2,275,042 units valued at $61,431,938 being exchanged, on Tuesday.
Trading resulted in an average of 225,931 units valued at over $5,947,679, in contrast to 81,252 shares valued at $2,193,998 on Tuesday. The average volume and value for the month to date, amounts to 265,815 valued at $3,175,481, compared to 270,542 valued at $2,810,418. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In the main market activity, Barita Investments shed 50 cents to close at $20, trading 12,416 shares, Berger Paints shed $2.95 and ended at $20, trading 3,500 stock units, Caribbean Cement climbed $1 to close at $50 in trading of 13,030 shares, Grace Kennedy lost 70 cents and ended trading 63,596 shares at $55. Jamaica Broilers traded 40,054 stock units and rose $1.32 to close at $30, Jamaica Stock Exchange gained 50 cents, in closing at $11, trading 277,496 shares, JMMB Group fell 50 cents and ended at $32.50, with an exchange of 36,416 shares, Kingston Wharves climbed $2 to $78 trading 20,100 shares, Mayberry Investments added 43 cents to settle at $10, in exchanging 26,167 units, NCB Financial Group dropped $1.99 in trading of 91,041 shares at $130.01. Palace Amusement traded just 100 units but fell $500 in closing at $1,000, PanJam Investment lost $1.20 in closing at $64.50, with an exchange of just 3,690 stock units, Pulse Investments rose 60 cents in trading 3,000 units at $3.60, Sagicor Group rose 55 cents to $39.55, trading 222,240 shares, Salada Foods gained 50 cents and settled at $21.50, trading 14,000 shares, Scotia Group traded 1,533,780 shares and declined $1.70 at $48.80 and Seprod dived $8 to end trading 4,389 shares at $27.
Trading in the US dollar market saw Proven investments as the sole stock to trade and completed trading of a mere 367 shares and rose 0.5 cents to end at 20 U$ cents.The JSE USD Equities Index rose 1.86 points to close at 162.78.

Big fall for JSE on Monday

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The volume of stocks trading on the Jamaica Stock Exchange declined to very low levels on Monday, leading to more stocks falling than rising and resulting in a big drop in the market indices.
At the close of market activity, the prices of 7 securities rose, 12 declined, while 14 remained unchanged, with the All Jamaica Composite Index dropping 5,472.20 points to 392,267.38 and the JSE Index diving 4,985.79 points to close at 357,399.99. On Friday, the stock exchange released incorrect closing indices which have not been corrected for Friday’s report so far.
Trading closed with 33 active securities in the main and US dollar markets, on Monday compared to 30 on Friday with 1,665,733 units valued at over $37,959,691 changing hands compared with 2,082,014 units valued at $42,778,375 being exchanged, on Friday.
Main market trading closed with JMMB Group 7.5% preference share leading with 370,000 units, or 22 percent of the day’s volume, Carreras with 327,902 units and 19.7 percent of volume traded and Sagicor group with 163,681 units with 10 percent of the day’s volume.
IC bid-offer Indicator|At the end of trading, the Choice bid-offer indicator reading shows 6 stocks ending with bids higher than the last selling prices and 7 closing with lower offers.
Trading resulted in an average of 57,439 units valued at over $1,308,955, in contrast to 77,112 shares valued at $1,584,384 on Friday. The average volume and value for the month to date amounts to 681,700 valued at $2,378,141, compared to 1,010,856 shares, valued $2,941,894. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In the main market activity, Barita Investments lost 50 cents and closed trading of 4,433 shares at $19.50, Grace Kennedy lost 50 cents and ended trading 72,236 shares to close at $56.50, Jamaica Broilers traded 14,502 stock units, at $30, after rising 29 cents, Jamaica Producers dropped $3.45 and finished trading of 7,120 units at $24.55, Jamaica Stock Exchange rose 50 cents to close at $10.50, in exchanging 51,733 shares, JMMB Group gained 50 cents to end at $33, trading 38,544 shares, Kingston Wharves lost 95 cents to close at $75 with 2,792 stock units trading, Mayberry Jamaica Equities traded 26,649 units and rose 75 cents to close at $11.25, NCB Financial Group lost $1.70 and ended trading 33,122 shares to close at $125.10. Portland JSX declined by 50 cents and ended at $8, with 450 units changing hands, Sagicor Group dropped $3.01 to settle at $41.99, with 163,681 shares, Scotia Group lost 50 cents to end at $51.99, trading 116,085 units and Stanley Motta traded 17,000 shares after falling 52 cents to end at $4.48.
Trading in the US dollar market ended with, Margaritaville rose by 1 cent and ended at 25 cents with 100 shares and Productivity Business completed trading 100 shares at 59 cents, Proven Investments traded 100 units at 20 US cents and Sygnus Credit Investments US dollar based ordinary share traded 719 units at 11 US cents. The JSE USD Equities Index rose 0.43 points at 163.82.

JSE starts November with a big fall

Having risen strongly on the last trading day for October, the Jamaica Stock Exchange slipped back to normal on Thursday with stocks giving back most of the gains of the previous day, in keeping with patterns seen at month ends and openings, going back several years.
Trading closed with 29 active securities in the main and US dollar markets, on Thursday compared to 33 on Wednesday. Prices of 8 securities rose, 16 declined, while 5 remained unchanged. At the end of market activity, the All Jamaica Composite Index dropped 3,848.34 points to close at 396,907.46 and the JSE Index dived 3,506.27 points to end at 361,627.62.
Trading closed with 53,515,060 units valued $119,025,805 compared with 36 6,766,220 units valued at $113,213,380 changing hands, on Wednesday.
Main market trading closed with 1834 Investments leading with 50,001,500 units trading, or 93.4 percent of the day’s volume, Mayberry Jamaican Equities with 1,029,435 units and 1.9 percent of volume traded and Ciboney with 764,000 units with 1.4 percent of the day’s volume.
IC bid-offer Indicator|At the end of trading, the Choice bid-offer indicator reading shows 4 stocks ending with bids higher than the last selling prices and 4 closing with lower offers.
Trading resulted in an average of 1,911,252 units valued at over $4,250,922, in contrast to 225,541 shares valued at $3,773,779 on Wednesday. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In the main market activity, Barita Investments gained $1 to close at $20, with 6,375 shares changing hands, Caribbean Cement gave up $2.79 trading 7,157 shares to close at $41.21, Grace Kennedy lost $1 and ended trading with 45,770 shares at $55, Jamaica Broilers traded 28,064 stock units, at $30 after falling $1, Jamaica Producers dropped $2.99 and finished trading 26,432 units, at $24.51, Jamaica Stock Exchange jumped $1.50 to close at a 52 weeks’ high of $11.50, exchanging 73,099 shares, JMMB Group fell $1.78 and ended at $32.02, trading 127,582 shares, Kingston Wharves gained 95 cents and finished at $75.95 with 24,474 stock units trading, NCB Financial Group added 80 cents and ended trading 160,771 shares to close at $126.80, PanJam Investment closed with a loss of $2.01 to end at $61.99, trading 14,135 stock units, Sagicor Group settled at $45 after falling $1.85, with 7,156 shares traded, Sagicor Real Estate Fund lost 57 cents to settle at $11.43, exchanging 239,704 shares, Salada Foods ended trading just 258 stock units and dropped $3.70 to end at $21.10, Scotia Group fell $1.97 to $51.03, trading 122,623 units and Supreme Ventures dropped $2.26 to close at $17.54 with 197,166 shares changing hands.
Trading in the US dollar market ended with Margaritaville being the only stock trading to end with a mere 100 units changing hands at 24 US cents. The JSE USD Equities Index remained unchanged at 163.30.

JSE up 27% with net gains in October

The Jamaica Stock Exchange hit several new highs in October but closed the month with a net gain of 7,478.51 points on the All Jamaica and 6,813.78 points on the JSE index leading to gains of 26.6 percent for the first 10 months of the year.
Trading closed with 33 active securities in the main and US dollar markets, on Wednesday compared to 34 on Tuesday.
The market ended with the prices of 12 securities rising, 9 declining while 12 remained unchanged leading to the All Jamaica Composite Index climbing 2,139.99 points to close at 400,755.80 and the JSE Index rising 1,949.77 points to close at 365,133.89.
Trading closed with 6,766,220 units valued at $113,213,380 trading, compared with 10,005,164 units valued at $94,380,140 changing hands, on Tuesday.
Main market trading closed with Supreme Ventures leading with 3,066,003 units trading, or 45.3 percent of the day’s volume and Wisynco Group with 2,131,159 units and 31.5 percent of volume traded and Carreras closed with 381,353 units with 5.6 percent of the day’s volume.
IC bid-offer Indicator|At the end of trading, the Choice bid-offer indicator reading shows 3 stocks ending with bids higher than the last selling prices and 2 closing with lower offers.
Trading resulted in an average of 225,541 units valued at over $3,773,779, in contrast to 333,505 shares valued at $3,146,005 on Tuesday. The average volume and value for the month to date amounts to 290,851 shares, valued $5,213,901and previously, 293,971 shares, valued $5,289,432. September closed, with an average of 1,022,243 shares, valued $15,752,876, for each security traded.
In the main market activity, Caribbean Cement fell $1.20 trading 11,024 shares to close at $44, JMMB Group added 80 cents and ended at $33.80, trading 9,658 shares, Kingston Wharves lost $3 and finished at $75, with 771 stock units trading, Mayberry Investments gained 45 cents, settling at $11.25, trading 5,500 units, NCB Financial Group added $1 and ended trading 108,157 shares to close at $126, PanJam Investment closed with a loss of 50 cents to end at $64, trading 36,716 stock units, Portland JSX rose 50 cents and ended at $8.50, with 500 units. Sagicor Real Estate Fund lost $1 to settle at $12, exchanging 26,431 shares, Scotia Group fell 74 cents to settle at $53 in trading 142,970 units, Seprod dropped $3, in finishing trading at $36, with 7,900 shares changing hands. Supreme Ventures jumped $1.80 to close at $19.80, with 3,066,003 shares changing hands.
Trading in the US dollar market ended with 36,650 units valued at $23,839 changing hands, with JMMB Group 5.75 percent preference share traded 10,920 shares at $2.03, Margaritaville closed with 125 units trading at 24 US cents and Sygnus Credit Investments US dollar based ordinary share, traded 16,979 units and rose 0.10 to end at 11 US cents after. The JSE USD Equities Index advanced by 0.01 point to close at 163.30.

JSE makes big recovery on Tuesday

The Jamaica Stock Exchange closed a big gain on Tuesday as trading levels rose much higher than on Monday, from 34 active securities in the main and US dollar market compared to 31 on Monday.
The market ended with the prices of 17 securities rising, 7 declining while 10 remained unchanged leading to the All Jamaica Composite Index surging 8,178.20 points to close at 398,615.81 and the JSE Index jumping 7,451.27 points to close at 363,184.12.
Trading closed with 10,005,164 units valued at $94,380,140 trading, compared with just 3,098,511 units valued at $31,049,457 changing hands, on Monday.
Main market trading closed with JMMB Group 7.50% preference share leading with 7,780,000 units trading, or 78 percent of the day’s volume and NCB Financial with 517,883 units and 5 percent of volume traded and Carreras closed with 372,736 units with 3.7 percent of the day’s volume.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading shows 3 stocks ending with bids higher than the last selling prices and 2 closing with lower offers.
Trading resulted in an average of 333,505 units valued at over $3,146,005, in contrast to 110,661 shares valued at $1,108,909 on Monday. The average volume and value for the month to date amounts to 293,971 shares, valued $5,289,432 and previously, 291,988 shares, valued $5,142,412. September closed, with an average of 1,022,243 shares, valued $15,752,876, for each security traded.
In the main market activity, Barita Investments rose 90 cents and closed at $19 while trading 288 shares, Berger Paints climbed $1.40 to $22.90, in exchanging 24,500 stock units, Caribbean Cement rose $1.20 trading 14,777 shares to close at $45.20, Jamaica Broilers gained $1 trading 64,499 stock units to close at $31, Jamaica Producers jumped $1.651 and finished trading 28,494 units at $27.51, Jamaica Stock Exchange climbed $1.30 to close at a 52 weeks’ high of $9.80, trading 22,926 shares, Mayberry Investments gained 80 cents and settled at $10.80, trading 234,551 units, Mayberry Jamaican Equities lost 40 cents and settled at $11.40, in exchanging 13,025 units, NCB Financial Group added $5 and ended trading 517,883 shares to close at $125, PanJam Investment closed with a rise of $1.20 to end at $64.50, trading 55,001 stock units, Sagicor Group climbed $1.85 and settled at $46.85, exchanging 10,431 shares, Scotia Group rose $1.74 in trading 8,363 units to close at $53.74, Seprod jumped $2, in finishing trading at $39, with 3,348 shares, Stanley Motta rose 55 cents trading 25,000 shares to close at $5, Victoria Mutual Investments rose 33 cents and concluded trading of 78,638 stock units at $4.13 and Wisynco Group rose 26 cents and finished at $10.50, with 198,252 units changing hands.
Trading in the US dollar market ended with 48,323 units valued at $8,927 changing hands, with Margaritaville falling 1 cent and closing with 3,800 units trading at 24 US cents, Productive Business Solution gained 4 cents to close at 59 US cents trading just 100 units, Proven Investments fell 1 cent trading 34,223 shares to close at 20 US cents and Sygnus Credit Investments US dollar based ordinary share, traded 10,200 units to end at 10.9 US cents after slipping 0.1 cent The JSE USD Equities Index advanced by 1.36 points to close at 163.29.

JSE falls with modest trading on Monday

The Jamaica Stock Exchange closed on Monday with more decline following Friday’s big decline as trading volume decline to very low level.
The market ended with the prices of 11 securities rising, 11 declining while 9 remained unchanged leading to the All Jamaica Composite Index diving 3,396.00 points to 390,437.61 and the JSE Index dropping 3,094.14 points to close at 355,732.85.
Trading closed with 31 active securities in the main and US dollar market compared to 29 on Friday but with higher volume and value as 3,098,511 units valued at $31,049,457 traded, compared with 4,241,799 units valued at $75,795,522 changing hands, on Friday.
Main market trading closed with 1834 Investments with the leading volume of 1,200,000 units trading, or 39 percent of the day’s volume, Sagicor Real Estate Fund with 559,428 units and 18 percent of volume traded and Carreras closed with 344,581 units accounting for 11 percent of the day’s volume.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading shows 7 stocks ending with bids higher than the last selling prices and 5 closing with lower offers.
Trading resulted in an average of 110,661 units valued at over $1,108,909, in contrast to 151,493 shares valued at $2,706,983 on Friday. The average volume and value for the month to date amounts to 291,988 shares, valued $5,142,412 and previously 300,895 shares, valued $5,350,785. September closed, with an average of 1,022,243 shares valued $15,752,876, for each security traded.
In the main market activity, Berger Paints lost 51 cents and ended at $21.50, exchanging 12,999 stock units, Caribbean Cement dipped $3 to finish trading with 43,795 shares at $44, Grace Kennedy gained 99 cents, trading 34,473 shares to close at $55.99, Jamaica Stock Exchange lost 70 cents to close at $8.50, trading 160,996 shares, JMMB Group lost $1 and ended at $33, exchanging 42,590 shares, Kingston Wharves jumped $8 and finished at $78 trading 6,301 stock units, Mayberry Investments lost 35 cents and settled at $10 in trading 22,721 units, Mayberry Jamaican Equities lost 40 cents and settled at $11.40, in exchanging 13,025 units, Salada Foods jumped $3.50 ended trading 11,274 stock units to close at $25, Scotia Group declined $2 in trading 5,599 units to close at $52, Seprod jumped $5, finishing trading at $37, with 2,100 shares and Supreme Ventures rose $1.50 to end at $18, in an exchange of 29,677 shares.
Trading in the US dollar market ended with 39,347 units changing hands with Proven Investments trading 37,436 to close at 21 US cents and Sygnus Credit Investments US dollar based ordinary share traded 1,911 units but lost 0.5 cent to end at 11 US cents. The JSE USD Equities Index lost 2.73 points to close at 161.93.

All Jamaica drops 8,000 points – Friday

NCB Financial dropped $8 on Friday.

The Jamaica Stock Exchange closed on Friday with big losses in heavily capitalized companies with NCB Financial leading with a fall of $8 and Grace Kennedy falling $4 that pulled the market down 2 percent with the 5th largest points decline in the market’s history and the second big fall in October.
The market ended with the prices of 8 securities rising, 15 declining while 6 remained unchanged leading to the All Jamaica Composite Index diving 8,031.01 points to 393,833.61 and the JSE Index dropping 7,317.16 points to close at 358,826.99.
Trading closed with 29 active securities in the main and US dollar market compared to 30 on Thursday but with higher volume and value as 4,241,799 units valued at $75,795,522 traded, compared with 8,202,147 units valued at $132,503,743 changing hands, on Thursday.
Main market trading closed with JMMB Group 7.5% preference share leading with 1,652,103 units trading, or 39 percent of the day’s volume and Jamaica Broilers with 713,975 units and 16.8 percent of volume traded. Jamaica Stock Exchange leading with 448,893 units and 10.6 percent of the day’s volume, followed by
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading shows 5 stocks ending with bids higher than the last selling prices and 2 closing with lower offers, an indication that falling prices are likely to be dominant on Friday.
Trading resulted in an average of 151,493 units valued at over $2,706,983, in contrast to 292,934 shares valued at $4,732,277 on Thursday. The average volume and value for the month to date amounts to 300,895 shares, valued $5,350,785 and previously 308,613 shares, valued $5,494,805. September closed, with an average of 1,022,243 shares valued $15,752,876, for each security traded.
In the main market activity, Grace Kennedy dropped $4, trading 120,588 shares to close at $55, Jamaica Broilers added $2 in trading 713,975 stock units, and closed at $30, Jamaica Producers lost $1 to close at $26 with 17,624 units changing hands, Jamaica Stock Exchange climbed 95 cents to close at a 52 weeks’ high of $9.20, with 448,893 shares, JMMB Group lost 80 cents and ended at $34, exchanging 60,884 shares., NCB Financial Group dropped $8 to $120, trading 207,683 shares, PanJam Investment closed at $65.70, after declining $1.30 in trading 1,890 stock units, Portland JSX lost 50 cents in ending at $8 with 136,300 units, Sagicor Group dropped $2 to end at $45, trading 49,349 shares, Sagicor Real Estate Fund dropped $1.70 to $13.20, with 13,594 shares changing hands. Scotia Group climbed $2.50 in trading 33,416 units to close at $54, Supreme Ventures rose 25 cents to end at $16.50, in an exchange of 10,000 shares and Wisynco Group finished at $10.10, in trading 138,251 units after posting a loss of 20 cents.
Trading in the US dollar market closed with Proven Investments trading 2,152 to close at 21 US cents. The JSE USD Equities Index rose 2.97 points to close at 164.66.

All Jamaica jumps 4,000 points – Thursday

Sagicor Group & PanJam hit new closing highs.

Trading on the Jamaica Stock Exchange on Thursday saw the All Jamaica Index surging 6,201.47 with just less than 35 minutes left in the trading session with the index hitting the 404,000 mark before losing some steam in the final 30 minutes of trading.
The market ended with the prices of 10 securities rising, 15 declining while 5 remained unchanged leading to the All Jamaica Composite Index jumped 4,065.81 points to 401,864.62 and the JSE Index climbed 3,704.41 points to close at 366,144.15.
Trading close with 30 active securities in the main and US dollar market compared to 36 on Wednesday but with higher volume and value as 8,202,147 units valued at $132,503,743 traded, compared with 2,854,732 units valued at $50,801,535 changing hands, on Wednesday.
Main market trading closed with Wisynco Group leading with 5,337,134 units and 65 percent of the day’s volume, followed by JMMB Group 7.5% preference share trading 1,058,439 shares or 7.5 percent of the day’s volume and Kingston Wharves with 358,384 units and 4.4 percent of volume traded.
IC bid-offer Indicator| At the end of trading, the Choice bid-offer indicator reading shows 4 stocks ending with bids higher than the last selling prices and 2 closing with lower offers, an indication that falling prices are likely to be dominant on Thursday.
Trading resulted in an average of 292,934 units valued at over $4,732,277, in contrast to 101,955 shares valued at $1,814,341 on Wednesday. The average volume and value for the month to date amounts to 308,613 shares, valued $5,494,805 and previously 309,467 shares, valued $5,538,737. September closed, with an average of 1,022,243 shares valued $15,752,876, for each security traded.
In the main market activity, Berger Paints fell 49 cents to finish at $22.01, trading 2,875 shares, Grace Kennedy rose $1.50, trading 28,698 shares at $59, Jamaica Broilers lost $2 in trading 231,668 stock units, and closed at $28, Jamaica Producers lost $2 to close of $27 with 22,481 units changing hands, Kingston Wharves lost $5 and finished at $70, with 358,384 stock units changing hands, Mayberry Investments rose 45 cents to $10.50 with 4,000 units trading, NCB Financial Group fell 25 cents to $128 trading 31,645 shares, PanJam Investment ended at a 52 weeks’ closing high of $67, after jumping $3.01 trading 23,000 stock units, Pulse Investments jumped 58 cents in trading a mere 200 shares at $2.98, Sagicor Group jumped $3.80 to a 52 weeks’ high of $47, trading 51,871 shares, Sagicor Real Estate Fund jumped $1.65 and settled at $14.90, with 54,320 shares changing hands. Salada Foods fell 50 cents and ended trading 19,850 stock units, to at $21.50, Scotia Group shed $1.50 in trading 249,590 units to close at $51.50, Seprod finished trading 2,000 shares, with a fall of $1 to close at $32, Sterling Investments fell 50 cents to finish trading 6,438 shares at $22, Supreme Ventures lost 75 cents to end at $16.25, in an exchange of 37,075 shares and Wisynco Group finished at $10.30, in trading 5,337,134 units after posting gains of 30 cents.
Trading in the US dollar market closed with 19,733 units valued at $12,220 changing hands as JMMB Group 5.75% lost 2 cents to close at $2.03 with 4,500 shares trading, Proven Investments ended with a rise of 1 cent trading 15,233 to close at 21 US cents. The JSE USD Equities Index fell 0.91 points to 161.69.