Main market stocks surge higher at the close of trading on the Jamaica Stock Exchange on Tuesday even as declining stocks beat out advancing almost 3 to 1. Market activity took place from increased volumes as 30 securities changed hands up from 26 on Monday.
At the close of trading 2 securities were active in the US dollar market, 6 stocks advanced and 15 declined in both markets. The main market ended with 3,703,287 units valued at $102,098,446 changing hands compared to 6,318,090 units valued at $56,287,458 at the close on Monday. Trading in the US dollar market accounted for just 984 units valued at US$623, bringing the total of all trades to J$102,178,210.
The All Jamaica Composite Index jumped 2,655.88 points to close at 277,217.25, the JSE Market Index climbed 2,419.81 points to 252,576.32 and the JSE US dollar market index lost 0.07 points to close at 186.15.
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 4 with lower offers.
The main market ended trading with an average of 123,443 units valued at $3,403,282 for each security traded compared to an average of 243,003 units valued at $2,164,902. The average volume and value for the month to date ended at 157,392 units with an average value of $3,180,224 compared with an average of 161,636 units with an average value of $3,152,342 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 jumped $1.20 to record high of $12 with 16,931 shares changing hands, just over a week that the company reported that the directors were considering an offer to purchase the majority of its shares. Cable and Wireless closed at $1.20, losing 3 cents as 1,114,661 shares were exchanged, after the company posted a profit in the June quarter, Caribbean Cement lost 49 cents, closing at $27.01 with 6,500 shares, 
Carreras climbed $1 to $109, with 761,392 shares Grace Kennedy dipped 15 cents to $41 trading 7,606 shares. Jamaica Broilers exchanged 28,206 shares at $17.50, Jamaica Producers closed at $15, with gains of 34 cents, trading 2,000 shares, Jamaica Stock Exchange lost 3 cents to $6.45, with 8,586 shares changing hands, JMMB Group gained 78 cents to close at $21, with 68,950 shares. Kingston Properties exchanged 43,400 shares at $7.20, having lost 80 cents, Kingston Wharves slid 50 cents to $29.50, with an exchange of 37,483 shares, Mayberry Investments lost 30 cents to close at $4.40, with 80,978 shares changing hands, NCB Financial Group fell 50 cents to $90, after exchanging 73,999 units, 1834 Investments lost 5 cents to close at $1.30 while trading 137,746 shares, 138 Student Living closed at $5.15, after losing 35 cents with 4,100 shares, PanJam Investment closed 5 cents lower at $30.95 trading 33,152 shares, Portland JSX exchanged 41,892 shares at $9.30. Pulse Investments gained 9 cents to close at $1.95 trading 33,986 shares, Radio Jamaica exchanged 1,000 shares at $1.40, Sagicor Group closed 47 cents lower to $31.52, with 35,648 shares, Sagicor Real Estate fund traded 24,422 shares at $12.05, Salada Foods closed at $9.50 with 442 shares changing hands, Scotia Group closed at $45.90 with trades of 27,550 shares, Scotia Investments gained 10 cents with 500 shares traded and closed at $35.10, Seprod dropped $2.55 to $30 with an exchange of 35,937 shares, Sterling Investments closed 5 cents lower to $14 trading 15,000 shares, Supreme Ventures traded 56,148 shares at $8. Proven Investments US ordinary share, closed at 24 US cents with 534 units changing hands, JMMB Group US 6% preference shares was down 2 US cents to US$1.10, trading 450 units, , Jamaica Money Market Brokers 7.5% preference share traded 4,852 units at $1.99, JMMB Group 7.5% preference closed at $1.15, with 1,000,000 units changing owners and Proven 8.25% preference share closed at $4.98, losing 1 cent exchanging 220 units.
New record close -Thursday
Main market stocks of the Jamaica Stock Exchange closed at record levels at the close on Thursday with the market indices climbing over 2,300 points but with advancing stocks being edged out by declining ones.
The All Jamaica Composite Index surged 2,567.56 points to a record close of 278,436.64, the JSE Market Index jumped 2,339.33 points to a record at the close of 253,687.31 and the JSE US dollar market index lost 10.81 points to close at 186.89.
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 9 declining. The main market ended with 1,374,903 units valued at $47,150,828 changing hands compared to 1,809,394 units valued at $47,308,355 at the close on Wednesday. Trading in the US dollar market accounted for 631,286 units valued at US$150,176 bringing the total of all trades to J$66,373,329.
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 2 with lower offers.
The main market ended trading with an average of 54,996 units valued at $1,886,033 for each security traded compared to an average of 69,592 units valued at $1,819,552. The average volume and value for the month to date ended at 109,162 units with an average value of $1,864,984 compared with an average of $119,995 units with an average value of $1,860,774 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 Investmentslost 23 cents to close at $8.77 trading 800 shares, Berger Paints advanced $2.51 to $18.69 while exchanging just 179 units, Cable and Wireless lost 1 cent to close at $1.04, with 218 units changing hands, Caribbean Cement lost $1 in closing at $28, 1,500 shares,Carreras dipped 50 cents to $109.50, with 121,812 shares switching owners and Grace Kennedy closed at $40, with a loss of 49 cents trading 9,790 shares. Jamaica Broilers exchanged 68,558 shares at $18.10, Jamaica Producers closed at $15.10, with a loss of 90 cents trading 460 units, Jamaica Stock Exchange lost 1 cent, closing at $6.48 with 34,250 shares changing, JMMB Group closed at $19.99, gaining 79 cents with 267,627 shares. Kingston Wharves exchanged 283 units at $29, Mayberry Investments gained 14 cents to close at $4.63, with 2,435 shares changing hands, 
NCB Financial Group held firm at $90, after exchanging 27,309 shares, 1834 Investments traded 50,000 shares at $1.40, PanJam Investment closed $2 lower to $31 trading 614,451 shares, Portland JSX gained 30 cents to $9.30, with an exchange of 3,350 shares, Proven Investments added 1 cent, closing at $25.02, with trades of 80,000 shares, Pulse Investments gained 1 cent to close at $1.99 trading 20,000 shares and Radio Jamaica closed at $1.50 exchanging 2,438 shares. Sagicor Group closed at $34.35, with gains of 35 cents trading 28,700 shares, Salada Foods gained 39 cents, closing at $9.50 with 128 units, Scotia Group ended at $44 with 23,318 shares, Seprod closed at $32.55, losing 85 cents with 7,443 shares changing hands. Proven Investments US ordinary share traded 631,286 units at 24 US cents, Jamaica Money Market Brokers 7.5% preference share closed at $1.99 with 2,934 units traded and Proven 8.25% preference share exchanged 6,920 units at $4.99.
Main market drops 2,000 points – Wednesday
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.
New record for the JSE on Wednesday
Carreras jumped $17.50 to $110 on Wednesdaay after the company indicated they are considering a stock split.
Trading on the main market of the Jamaica Stock Exchange saw increased number of securities changing hands including 6 preference stocks. The All Jamaica Composite Index surged 1,892.68 points to close at a new record of 268,601.52, the JSE Market Index jumped 1,724.45 points to a 4th consecutive record close, of 244,726.40.
The JSE US dollar market index rose 17.40 points to close at 201.17.
At the close of trading, 32 securities changed hands in the main market with 1 trading in the US dollar market, leading to 10 stocks advancing and 16 falling including 5 that ended at 52 weeks closing highs. At the close 7,902,954 units valued at 80,354,594 changed hands in the main market compared to 24,165,397 units valued at $225,427,641 at the close on Monday. Trading in the US dollar market accounted for 18,500 units valued at US$4,810 bringing the total of all trades to J$80,890,786.
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 2 with lower offers.
The main market ended trading with an average of 246,967 units valued at $2,511,081 for each security traded compared to an average of 1,006,892 units valued at $9,392,818. 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 closed at $6.65 with trades of 1,100 shares, Berger Paints lost 20 cents, closing at $18.50 exchanging 106,569 shares, Cable and Wireless closed at 96 cents, losing 9 cents trading 16,965 shares, Caribbean Cement closed at $30, with a loss of $1.20 exchanging 18,114 shares, Carreras closed at $110, advancing $17.50, with trades of 96,316 shares, Grace Kennedy closed at $40.50, with a loss of $1.25 exchanging 55,923 shares. Jamaica Broilers was down 1 cent to close at $19 trading 652,777 shares, Jamaica Producers traded 92 cents lower to close at $15 with 2,153,273 shares exchanged. Jamaica Stock Exchange closed with gains of 6 cents to $6.45 trading 25,297 shares, JMMB Group closed 70 cents lower to $20.25, with trades of 18,890 shares and Kingston Properties exchanged 400 units at $8. Mayberry Investments gained 1 cent to close at $4.61 trading 5,627 shares, NCB Financial Group added 1 cent to close at $81.01, after exchanging 49,807 shares, 1834 Investments closed at $1.50, with an exchange of 13,795 shares, 138 Student Living lost 1 cent to close at $5, with trades of 46,000 shares, PanJam Investment gained 45 cents, closing at $34.45 trading 100 units, Portland JSX traded 50 cents lower to $9 exchanging 22,000 shares, Pulse Investments lost 51 cents to close at $1.94, with trades of 64,423 shares and Radio Jamaica closed at $1.41 with 31,277 shares exchanged. Sagicor Group fell $3.49 to $30.01 trading 18,656 shares, Sagicor Real Estate fund lost 10 cents, closing at $11.92 trading 28,372 shares, Salada Foods closed at $8.61, with a loss of 72 cents and 60,000 shares changing owners, 
Scotia Group closed at $44.95, losing 3 cents with trades of 87,322 shares, Scotia Investments exchanged 3,000 shares at $35.50, Seprod closed at $30.05, with a gain of 4 cents and 95,000 shares changing hands and Supreme Ventures lost 10 cents to close at $7.70 with 25,235 shares exchanged. Proven Investments US ordinary shares closed at 26 US cents, gaining 0.04 US cents trading 18,500 units.
A large number of preference shares traded with 4 trading at 52 weeks’ highs.JMMB Group 7.50% preference share closed at $1.15, with a loss of 2 cents exchanging 3,950,000 units, JMMB 7.5% preference share closed at $1.90 trading 105,000 units, JPS 7% preference share gained 3 cents to close at a 52 weeks’ high of 48 cents with 41,300 units switching owners, JPS 5% C preference share closed with gains of 2 cents to a 52 weeks’ high of 38 cents trading 1,835 units, JPS 5% D preference share gained 2 cents, closing at a 52 weeks’ high of 38 cents with 71,921 units exchanged, JPS 6% preference share closed at 52 weeks’ high of 44 cents, gaining 3 cents trading 36,660 units.
Record & more record for JSE on Monday
The JSE main market has broken through resistance at 265,000 on the AJI but new resistance is not far away – see black line in upper right.
It was another record close for the Jamaica Stock Exchange main market index, which was joined by the All Jamaican Composite index surpassing the previous high reached in mid-May. At the All Jamaica Composite Index climbed 1,531.90 points to close at 266,708.84, the JSE Market Index surged 1,395.73 points to 243,001.95 for a third consecutive days of record close.
The JSE US dollar market index lost 4.65 points to close at 183.77 with 1 stock trading in the US dollar market. The market closed out July with gains of more than 26 percent for the year to date.
At the close of trading, 24 securities changed hands in the main market leading to 14 stocks advancing and 8 declining. 
The main market ended with 24,165,397 units valued at $225,427,641 changing hands compared to 2,406,199 units valued at $41,645,948 at the close on Friday. Trading in the US dollar market accounted for 323,789 units valued at US$75,331 bringing the total of all trades to J$235,070,022.
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 10 stocks with bids higher than their last selling prices and just 1 with a lower offer.
The main market ended trading with an average of 1,006,892 units valued at $9,392,818 for each security traded compared to an average of 96,248 units valued at $1,665,838. The average volume and value for the month to date ended at 160,668 units with an average value of $2,691,438 compared with an average of 118,357 units with an average value of $2,356,369 on the previous trading day.
138 Student Living had the largest volume trading on Monday with 15M units.
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 70 cents higher, closing at $18.70 exchanging 21,998 shares, Caribbean Cement closed at $31.20, with a loss of 30 cents trading 509,604 shares, only 376 units of Carreras were traded but the shares of the sellers of cigarettes closed at $92.50, with an increase of $1.30. Lumbering conglomerate Grace Kennedy, gained 75 cents to close at $41.75, with an exchange of 67,541 shares. Chicken processors Jamaica Broilers close down 49 cents to $19.01 while trading 214,505 shares, Jamaica Producers food processors and wharf operators, gained 94 cents and closed at $15.92 with 36,928 shares traded. Jamaica Stock Exchange gained 39 cents exchanging 32,036 shares to end at $6.39, JMMB Group traded $1.30 higher to $20.95, with 97,100 shares traded, Kingston Properties closed at $8 exchanging 2,200 shares, Kingston Wharves closed lower by $1.91 to $27.10, with 1,118 units switching owners. 
Mayberry Investments lost 2 cents to close at $4.60 trading 3,333 shares, NCB Financial Group traded $1 higher to a record close of $81, after exchanging 324,498 shares, 138 Student Living closed at $5.01, gaining 1 cent with 15,003,952 units having traded, PanJam Investment closed at $34 trading 111,124 shares, Pulse Investments gained 14 cents to close at $2.45, with an exchange of 7,425 shares, Radio Jamaica lost 4 cents, closing at $1.41 with 1,500 shares exchanged. Sagicor Group jumped $2.50 to $33.50, with 321,349 shares changing hands, Sagicor Real Estate Fund traded $1.22 higher to $12.02, closing trading with 6,527,000 shares, Salada Foods gained 33 cents to close at $9.33, with 20,000 shares changing owners, Scotia Group closed at $44.98, gaining 18 cents with trades of 35,300 shares, Seprod closed at $30.01, with a gain of 1 cent exchanging just 100 units, Supreme Ventures lost 19 cents to close at $7.80 with 805,910 shares exchanged. Proven Investments US ordinary shares closed at 22 US cents, losing 2 US cents in trading 323,789 units, JMMB Group 7.50% preference share closed at $1.17, with a loss of 2 cents exchanging 500 units and Jamaica Money Market Brokers 7.5% preference share lost 9 cents to close at $1.90 trading 20,000 units.
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.
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.
JSE Majors in big recovery on Monday
The main market of the Jamaica Stock Exchange recovered all the losses it incurred on Thursday and Friday and more putting it back ahead of the closing level at the end of trading on Monday last week but below the close of the prior trading day. The All Jamaica Composite Index jumped 2,627.40 points to close at 259,160.39, the JSE Market Index climbed 2,393.86 points to 236,124.47 and the JSE US dollar market index gained 12.75 points to 200.45.
At the close of trading, 24 securities changed hands in the main market with 1 trading in the US dollar market, leading to 12 stocks advancing and 9 declining. Trading in the main market ended with 2,726,092 units valued at just $27,555,950 changing hands compared to 4,265,878 units valued at $141,120,152 at the close on Friday. Trading in the US dollar market accounted for 5,100 units valued at US$1,326.
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 113,587 units valued at a mere $1,148,165 for every security traded compared to an average of 185,473 units valued at a mere $6,135,659 on Friday.
The average volume and value for the month to date ended at 207,165 units with an average value of $4,250,279 compared with an average of 214,963 units with an average value of $4,508,789 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Barita Investments gained 95 cents to close at $7, with an exchange of a mere 300 shares, Berger Paints gained 51 cents and closed at $17.82, with 39,256 shares trading, Cable and Wireless closed at $1.20, with 83,500 stock units changing hands, Caribbean Cement closed at $26.50, losing 50 cents in trading 2,000 shares, Carreras fell 11 cents in exchanging 1,359 units at $86.79, Grace Kennedy closed at $41, with 61,334 units changing hands, Jamaica Broilers closed at $17.62, with a loss of 38 cents trading 207,100 shares, Jamaica Producers lost 15 cents to close at $15.85, with an exchange of 2,658 units. Jamaica Stock Exchange lost 10 cents to close at $6.90 exchanging 2,029,200 shares, JMMB Group gained $1 to close at $20 trading 5,128 units, Kingston Properties traded 224 shares at $10, 
Mayberry Investments gained 30 cents to close at $5.30, trading of 17,037 units, NCB Financial Group traded $1 higher to close at $72, after exchanging 14,563 shares, 1834 Investments closed at $1.50, gaining 15 cents with 12,600 units changing hands, PanJam Investment gained 69 cents, in closing at $33.99 trading 672 shares. Portland JSX closed at $10, with gains of 5 cents, exchanging 20,000 units, Pulse Investments traded 50 cents lower to close at $17, with 1,649 shares changing owners, Sagicor Group closed at $34.20, losing 54 cents while trading 33,954 shares. Salada Foods closed at $10, with an exchange of 1,428 units, Scotia Group gained 55 cents to end at $43.55, trading 69,399 shares, Seprod lost 50 cents to close at $29, with 1,000 units traded while Supreme Ventures closed at $7.50, after gaining 24 cents with 71,331 shares changing hands. Proven Investments closed at 26 US cents, with gains of 0.02 US cents in trading 5,100 ordinary shares, JMMB 7. 5% preference share closed at $2, gaining 10 cents with an exchange of 50,000 units and ISP Finance bond traded 5,000 units at a record of $1.10 to gain 10 cents.
NCB, JMMB, RJR dominate trading – Friday
NCBFiniancial Group traded more than 1.6 million shares on Friday.
NCB Financial Group with 1.6 million units and Radio Jamaica with 1.5 million and JMMB Group with nearly 600,000 shares were the dominant trades when the Jamaica Stock Exchange closed trading on Friday. At the close of trading, 23 securities changed hands with no trading in the US dollar market, leading to 8 stocks advancing and 6 declining.
At the end of trading, the All Jamaica Composite Index declined 229.82 points to close at 256,532.99, the JSE Market Index lost 209.39 points to 233,730.61 and the JSE US dollar market index closed at 187.70.
Trading in the main market ended with 4,265,878 units valued at $141,120,152 changing hands compared to 12,639,003 units valued at $265,691,928 at the close on Thursday.
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 10 stocks with bids higher than their last selling prices and 1 with a lower offer.
The main market ended trading with an average of 185,473 units valued at $6,135,659 for every security traded compared to an average of 468,111 units valued at $9,840,442. The average volume and value for the month to date ended at 214,963 units with an average value of $4,508,789 compared with an average of 217,644 units with an average value of $4,360,892 on the previous trading day. The average volume and value for May ended at 358,008 units and $9,037,303.
In market activity, Barita Investments gained 5 cents to close at $6.05, with an exchange of 100 shares, Berger Paints closed at $17.31, with 13.963 shares traded, Cable and Wireless closed at $1.20, with 150,718 stock units changing owners, Caribbean Cement closed at $27, gaining 50 cents trading 5,686 shares, Carreras exchanged 1,776 units at $86.90, Grace Kennedy closed at $41, after gaining 23 cents with 19,664 units trading, Jamaica Broilers traded 12,510 shares at $18, Jamaica Producers jumped $1.50 and closed at $16 trading 13,622 units. Jamaica Stock Exchange closed at $7, with an exchange of 14,540 shares, JMMB Group lost 20 cents to close at $19 trading 558,889 units, 
Kingston Wharves dived $1.53 to close at $27.01, with 19,000 shares changing hands, Mayberry Investments gained 35 cents to close at $5, with trades of 30,040 shares, NCB Financial Group traded $1 lower to close at $71, after exchanging 1,652,807 shares, PanJam Investment lost 20 cents, closing at $33.30 trading 6,030 shares. Pulse Investments closed at $17.50, with gains of 50 cents in exchanging 21,700 shares, Radio Jamaica closed at $1.60, after losing 5 cents while trading 1,537,900 shares, Sagicor Group closed at $34.74, losing 64 cents trading 17,199 shares, Sagicor Real Estate Fund traded 10 cents lower to close at $11.10 with 2,000 shares being exchanged. Salada Foods closed at $10, trading of 300 units, Scotia Group closed at $43 exchanging 134,239 shares, Scotia Investments traded 19,195 shares at $36.50 while Supreme Ventures closed at $7.26, with 33,700 shares changing hands and JMMB Group 7.25% preference share closed at $1.50, gaining 19 cents with trades of 300 units.
