
Palace jumps $540 to close at $1,100 on Wednesday.
The price of Palace Amusement jumped 96 percent by $540 close at a record high of $1,100 at the close of trading on the Jamaica Stock Exchange on Wednesday as investors responded to increased business being done from the Black Panther movie, that should raise profits sharply.
By rising to the current level the stock has become the most expensive local ordinary equity ever to trade on the local exchange, bettering Eppley that hit a high of $735 and Lascelles over $500 when they were acquired. Elsewhere Grace jumped $6.40 to $52 as the next big price movement. Main market activity ended with 25 securities changing hands, with 15 securities rising, 3 falling, 9 trading firm. Trading closed with 9,164,384 units valued at over $$151,125,249.
At the close of trading, the JSE All Jamaican Composite Index jumped 1,227.13 points to 324,208.73 and the JSE Index climbed 1,118.05 points to 295,390.81.
In main market activity, Barita Investments closed at $9, with 24,625 shares, Berger Paints ended at $17, with 223,002 stock units, Carreras finished at $10.90, with 1,243,617 shares, Caribbean Cement settled with a loss of 1 cent at $32.60, with 8,686 shares, Ciboney Group ended trading 3 cents higher at 14 cents, with 100 shares. Grace Kennedy traded $6.40 higher at $52, with 2,533 stock units, Jamaica Broilers finished trading 49 cents higher at $19.99, with 53,475 units, Jamaica Producers closed 50 cents higher at $15.50, with 3,598,442 shares, Jamaica Stock Exchange ended 20 cents higher at $6.50, with 799 shares. JMMB Group concluded trading at $26.50, with 495,853 shares, Kingston Wharves settled at $39.50, with 14,160 units, NCB Financial Group traded $1.29 higher at $99.49, with 128,655 shares, 1834 Investments finished trading with a loss of 3 cents at $1.15, with 250 shares. 138 Student Living concluded trading 30 cents higher at $5.80, with 100 shares, units changing hands,
Palace Amusement jumped $540 to end at a all-time record high of $1,100, with 200 stock units changing hands, PanJam Investment ended 11 cents higher at $41.21, with 111,830 units, Pulse Investments finished at $1.85, with 15,756 shares, Radio Jamaica settled 2 cents higher at $1.08, with 12,300 shares. Sagicor Group ended trading 40 cents higher at $36.50, with 159,923 stock units, Sagicor Real Estate Fund ended trading at $15.10, with 150,000 shares, Scotia Group finished trading 50 cents higher at $56, with 158,557 shares, Seprod closed 24 cents higher at $30.25, with 300 shares, Supreme Ventures concluded trading 1 cent higher at $12, with 348,266 stock units. Victoria Mutual Investments finished 7 cents higher at $4.57, with 285,741 units and Wisynco Group settled with a loss of 25 cents at $10.50, with 2,127,214 shares.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE climbs as Palace jumps $540 – Wednesday.”
The main market of the Jamaica Stock Exchange closed down on Tuesday after ending at a record closing high on Monday after Scotia Group and NCB Financial prices fell and helped to pull back the index.
Jamaica Broilers finished trading 50 cents higher at $19.50, with 6,339 units. Jamaica Stock Exchange ended with a loss of 20 cents at $6.30, with 3,200 shares, JMMB Group concluded trading at $26.50, with 258,232 shares, Kingston Wharves settled at $39.50, with 2,082 units, Mayberry Investments ended trading 15 cents higher at $5.15, with 11,043 shares. NCB Financial Group traded with a loss of $1.30 at $98.20, with 6,813,889 shares, 1834 Investments finished trading 3 cents higher at $1.18, with 31,000 shares, PanJam Investment ended 10 cents higher at $41.10, with 3,122 units, Pulse Investments finished 5 cents higher at $1.85, with 2,655 shares. Radio Jamaica settled at $1.06, with 14,401 shares, Sagicor Group ended trading with a loss of 10 cents at $36.10, with 126,997 stock units, Sagicor Real Estate Fund ended trading with a loss of 40 cents at $15.10, with 70,864 shares,
Salada Foods traded at $12.05, with 25,000 units, Scotia Group finished trading with a loss of $1.50 at $55.50, with 33,156 shares. Seprod closed at $30.01, with 745 shares, Supreme Ventures concluded trading with a loss of 51 cents at $11.99, with 482,227 stock units, Victoria Mutual Investments finished with a loss of 5 cents at $4.50, with 1,464,709 units and Wisynco Group settled 5 cents higher at $10.75, with 77,913 shares. In the main market preference segment, Jamaica Money Market 7.25% ended trading at $2.55, with 11,031 shares, Jamaica Money Market 7.5% traded with a loss of 5 cents at $1.90, with 95,802 stock units changing hands.
The Main Market of the Jamaica Stock Exchange ended trading at record close on Monday with Scotia Group climbing to $57 being the main factor behind the rally along with several others that rose. 
For the month to date an average of 747,070 units with an average value at $10,075,319 traded, compared to 796,886 units with an average value at $10,718,888 traded on the previous trading day.In contrast, February closed with average of 213,336 units valued at $3,392,475 for each security traded.
The main market of the Jamaica Stock Exchange rose sharply on Monday and erased the previous record close at the end of October and closed at a new record closing high on Monday as Scotia group jumped $3 to $57 with 11 other ordinary shares rising.
Sagicor Real Estate Fund ended trading 50 cents higher at $15.50, with 9,936 share, Scotia Group finished trading $3 higher at $57, with 84,125 shares, Seprod closed at $30.01, with 9,360 shares, Sterling Investments ended with a loss of 11 cents at $13.89, with 150 shares. Supreme Ventures concluded trading $12.50 higher at $12.50, with 128,604 stock units, Victoria Mutual Investments lost 5 cents and closed at $4.55, with 640,453 units, Wisynco Group settled 15 cents higher at $10.70, exchanging 1,470,306 shares and in the main market preference segment, Jamaica Money Market 7.25% ended trading with a loss of 5 cents at $2.55, with 500 shares, changing hands.
Caribbean Cement settled at $35, with 12,087 shares, Ciboney Group ended trading at $0.11, with 1,362,000 shares. Grace Kennedy traded at $44.80, with 12,580 stock units, Jamaica Broilers finished trading at $19, with 52,115 units, Jamaica Producers closed at $15, with 1,101,566 shares, Jamaica Stock Exchange ended at $6.50, with 15,405 shares. JMMB Group concluded trading with a loss of 45 cents at $26, with 10,967 shares, Kingston Wharves settled $1.38 higher at $40, with 15,882 units, Mayberry Investments ended trading with a loss of 35 cents at $5, with 4,470 shares, NCB Financial Group traded with a loss of 50 cents at $99, with 18,860 shares. 1834 Investments lost 2 cents to close at a 52 weeks’ low of $1.10, with 289,200 shares, 138 Student Living concluded trading 10 cents higher at $5.50, with 1,500 shares, PanJam Investment ended with a loss of 95 cents at $41, with 9,835 units, Pulse Investments finished at $1.80, with 198,900 shares, Radio Jamaica settled with a loss of 3 cents at $1.05, with 15,118 shares.
Sagicor Group ended trading with a loss of 40 cents at $36.10, with 726,317 stock units, Sagicor Real Estate Fund ended trading with a loss of 1.99 cents at $15, with 170,860 shares, Salada Foods traded at $12.05, with 7,500 units, Scotia Group finished trading $2 higher at $54, with 348,524 shares, Seprod concluded trading with a loss of $1.99 at $30.01, with 900 stock units. Supreme Ventures closed 5 cents higher at $11.90, with 236,420 stock units, Victoria Mutual Investments gained 2 cents to end at $4.60, with 570,504 units, Wisynco Group settled with a loss of 17 cents at $10.55, with 253,420 shares and in the main market preference segment, JMMB Group 7.5% closed at $1.02, with 167,700 shares, changing hands.
The Main Market of the Jamaica Stock Exchange closed sharply lower on Thursday as the market continues to be pressured by the upper end of the channel the market is trading within, that has constrained the movement from a sustained breakout, since late 2015.
For the month to date an average of 878,567 units with an average value at $11,993,901 traded, compared to 1,185,335 units with an average value at $16,782,174 traded on the previous trading day. In contrast, February closed with average of 213,336 units valued at $3,392,475 for each security traded.
Sagicor Real Estate Fund ended trading 24 cents higher at $16.99, with 500,436 shares, Salada Foods traded $1.55 higher at $12.05, with 250 units, Scotia Group added 75 cents and closed at $52, with 92,613 shares, Seprod closed at $32, with 165 shares, Supreme Ventures concluded trading 15 cents higher at $11.85, with 46,246 stock units. Victoria Mutual Investments finished 8 cents higher at $4.58, with 754,989 units and Wisynco Group settled 12 cents higher at $10.72, with 1,435,099 shares changing hands.
Ciboney Group ended trading 2 cents higher at $0.12, with 881,196 shares. Jamaica Broilers finished trading 49 cents higher at $18.98, with 93,815 units, Jamaica Producers closed $1.99 higher at $16.99, with 60,109 shares, Jamaica Stock Exchange ended 21 cents higher at $6.71, with 25,680 shares. JMMB Group concluded trading at $26.49, with 251,445 shares, Kingston Properties finished at $6.65, with 300 stock units, Kingston Wharves settled at $40, with 389,197 units, Mayberry Investments ended trading with a loss of 43 cents at $5.35, with 9,340 shares. NCB Financial Group traded 3 cents higher at $99, with 101,277 shares, 1834 Investments finished trading with a loss of 4 cents at $1.15, with 220,000 shares, Pulse Investments finished 5 cents higher at $1.80, with 6,375 shares, Radio Jamaica settled with a loss of 7 cents at $1.07, with 44,192 shares. Sagicor Group ended trading with a loss of 37 cents at $37.13, with 79,536 stock units, Sagicor Real Estate Fund ended trading with a loss of 25 cents at $16.75, with 94,700 shares,
Scotia Group finished trading 25 cents higher at $51.25, with 2,650 shares, Seprod closed at $32, with 100 shares, Sterling Investments ended at $14, with 912 shares. Supreme Ventures concluded trading with a loss of 25 cents at $11.70, with 173,413 stock units, Victoria Mutual Investments finished at $4.50, with 1,394,445 units, Wisynco Group settled 10 cents higher at $10.60, with 68,818 shares and. In the main market preference segment, Jamaica Money Market 7.5% ended trading at $2.60, with 1,000 shares, JMMB Group 7.5% closed 3 cents higher at $1.02, with 923,998 shares, Proven Investments 8.25% settled with a loss of 85 cents at $5.15, with 204,000 units changing hands.
JMMB Group concluded trading $1.49 higher at $26.49, with 42,810 shares, Kingston Wharves settled 25 cents higher at $40, with 17,853 units, Mayberry Investments ended trading 37 cents higher at $5.78, with 4,220 shares, NCB Financial Group traded with a loss of 23 cents at $98.97, with 102,165 shares. Infrequently traded Palace Amusement, closed at $560, with 225 stock units as investors expect a big payoff from the sold out houses the company is enjoying currently with the showing of Black Panther that is raking in several million dollars per day for them. PanJam Investment ended 1 cent higher at $41.51, with 5,061 units, Pulse Investments finished with a loss of 3 cents at $1.75, with 6,605 shares, Radio Jamaica settled 6 cents higher at $1.14, with 16,600 shares. Sagicor Group ended trading at $37.50, with 424,976 stock units, Scotia Group finished trading 10 cents higher at $51, with 51,177 shares,
Supreme Ventures concluded trading 45 cents higher at $11.95, with 1,430 stock units, Victoria Mutual Investments finished with a loss of 35 cents at $4.50, with 1,963,833 units. Wisynco Group settled at $10.50, with 2,449,787 shares and Sagicor Real Estate Fund ended trading at $17, with 47,796 shares, but the stock traded at a record high of $17.50 early in the trading session. In the main market preference segment, Jamaica Money Market ended trading 11 cents higher at 52 weeks’ High of $2.60, with 500 shares, Jamaica Money Market traded at $1.95, with 1,375 stock units, JMMB Group closed at $0.99, with 18,453 shares, Sagicor Bank A 7.75% ended trading with a loss of 4 cents at an all-time low of $1.01, with 1,351,850 shares, changing hands.