The Jamaica Stock Exchange All Jamaica Composite index jumped by more than 2,663 points by 10 o’clock to exceed the 201,000 points mark for the first time. The index fell back to sit just above the 200,000 market with Sagicor Group falling from an opening high of $27 to $25.81 but Caribbean Cement climbed to $36 and along with a rise in the prices of Grace Kennedy and Scotia Group provided support.
The major contributors to the volume traded are Jamaica Producers, traded 204,882 shares at $8.72 up 70 cents, Cable & Wireless traded 183,500 shares at 80 cents, Jamaica Broilers with 203,291 shares trading at $15 and Radio Jamaica with 100,000 units at $1.40.
Market activity resulted in of 29 securities being traded compared to 24 on at Tuesday. At 10:55am 12 stocks advanced and 8 fell, resulting in a volume of 939,255 shares changing hands carrying a value of $9,669,822, compared with 1,808,925 shares changing hands carrying a value of $4,734,890, on Tuesday. The average number of shares traded, amount to 32,388 units versus mere 75,372 units on Tuesday.
The all Jamaica Composite Index jumped 1,525.20 points to 200,553.69 the Jamaica Stock Exchange Market Index climbed 1,363.82 points to 183,392.78, the Jamaica Stock Exchange combined index garnered 924.99 points to close at 194,954.47 and the junior market index dropped 33.06 points to end at 2,421.74.
All Jamaica settles above 200,000
Scotia Hits $35 in early trading
Scotia Group jumped to $35 with 868,827 units with 855,000 shares traded at $33, at the start of the trading session, its subsidiary Scotia Investments, traded with a gain of $3.50 to $32, with 61,417 units changing hands,
while Lasco Financial traded 218,250 units at $3.15.
Trading in the rest of the market was moderate, with a total of 25 securities traded. 11 stocks advanced and 7 fell, resulting in a volume of 1,279,786 shares changing hands, carrying a value of a $31,954,967 compared with 2,917,036 shares changing hands carrying a value of a $16,055,511 on Thursday. The average number of shares traded, amount to 51,191 units versus 138,906 units on Thursday.
At 10:45 am the all Jamaica Composite Index jumped 791.94 points to 196,689.08 the Jamaica Stock Exchange Market Index climbed 708.14 points to 179,937.12, the Jamaica Stock Exchange combined index gained 479.40 points to close at 191,359.97 and the junior market index dipped 17.26 points to end at 2,383.79.
Trading jumps for Jamaican stocks
Stocks levels surged in early trading on the Jamaica Stock Exchange, resulting in the main market indices continuing to climb while junior market index moved up marginally in early Wednesday trading.
A total of 29 securities traded of which 13 advanced and 7 fell, resulting in a volume of 2,741,520 shares changing hands carrying a value of a $49,745,268 compared with just 158,064 shares changing hands with a value of $1,132,861 on Tuesday.
The average number of shares traded, amount to 94,535 units versus 7,185 units on Tuesday.
At 10:45 am the all Jamaica Composite Index jumped 924.41 points to 195,809.85 the Jamaica Stock Exchange Market Index climbed 826.59 points to 179,150.93, the Jamaica Stock Exchange combined index gained 971.88 points to close at 191,141.50 and the junior market index gained 19.98 points to end at 2,433.49.
The main trades after more than an hour of the markets opening are Berger Paints with 105,236 units at $5.60, Ciboney with 140,000 shares at 17 cents, Jamaica Producers, 201,061 shares at $8.30, Jamaica Stock Exchange 48,338 units at $5.52, Scotia Group with 1,357,799 shares at $32, Proven Investments 373,700 shares at 18.55 US cents, Jetcon Corporation 112,207 shares at $5.25, Medical Disposables 76,942 units at $4.05.
Slight fall for JSE on Tuesday
The Jamaica Stock exchange main market indices temporarily broke the winning streak with minor declines on Tuesday with the All Jamaica Composite Index slipping 37.23 points to end at 194,885.44. The JSE Market Index lost 33.30 points to finish at a record closing high of 178,324.34.
The JSE combined index fell 59.59 points to end at 190,169.62 with a gain for the year to date of 20 percent. Trading ended with only 33 securities trading. The prices of 11 stocks gained while 7 declined in the overall market, including 3 stocks rising and 3 falling, in the junior market.
At the close with 1,218,248 units valued at $9,074,534 changed hands, compared to 4,243,795 units valued at $24,651,644 changing hands on Monday. The junior market accounted for 918,920 units changing hands, valued at $5,225,495 of the stocks traded.
The average trade for the day in the main market ended at 16,629 shares and 253,298 units month to date. On Monday, an average of 31,898 units traded and for the month to date, 489,966 units, in comparison the average for the October was 220,811 units.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 14 stocks with bids higher than their last selling prices and 5 with lower offers.
In market activity, Barita Investments had trading in 16,200 shares, to end at $5, Cable & Wireless rose by 3 cents in trading 38,352 units to close at 74 cents, Grace Kennedy dropped $2 and ended trading 45,489 units at $40. Jamaica Broilers closed at $14.90 with 4,634 shares changing hands,
Jamaica Producers traded 8,363 shares to end at $8.30, Jamaica Stock Exchange traded 106,532 shares and rose 1 cent to end at $5.52, Mayberry Investments traded 4,500 shares to close at $3.66. National Commercial Bank gained 5 cents and ended at $50.05 with 4,788 shares trading, PANJAM Investment traded 5,514 units at $24.50 after gaining 50 cents, Radio Jamaica lost 5 cents in trading 5,042 units to close at $1.30. Sagicor Real Estate Fund traded 12,048 units with the price rising 1 cent to $10.26 and Scotia Group rose 29 cents with 16,400 shares changing hands to close at $32.

The average trade for the day in the main market ended at 106,627 shares compared to an average of 469,718 units traded on Monday with the average for the month to date being 237,896 units compared to 369,165 units for the month up to Monday. November ended with an average of 208,466 units.
Margaritaville Turks fell 2 cents with 3,200 shares trading, to close at 23 US cents.Mayberry Investments ended trading in 50,300 shares, to close at $3.88, after losing 20 cents, National Commercial Bank shed 15 cents and ended at $49.50 with 15,961 shares changing hands, Radio Jamaica rose 10 cents in trading just 1,181 units, to close at $1.40, Sagicor Group closed with 19,204 shares changing hands at $26, Scotia Group dropped $1.73, with 329,592 shares changing hands, to close at $33.27. Scotia Investments climbed 90 cents with 16,385 units changing hands, to close at $33.90, Seprod jumped $2 to end at $29 with 18,636 shares being swapped by investors, Supreme Ventures ended at $4.80 with 123,515 units changing hands and JMMB Group 7.50% preference share, closed with 972,825 units changing hands at $1.08, after gaining 2 cents.


Kingston Wharves ended trading 46,195 shares to close at $19. Margaritaville Turks rose 2 cents and ended with 8,640,000 shares trading, to close at 24.9 US cents. National Commercial Bank gained 15 cents and ended at $49.65 with 35,484 shares trading, PANJAM Investment traded 99,553 units at $23.25, after falling $1.25, Radio Jamaica lost 10 cents in trading 22,753 units to close at $1.30, Sagicor Group gained 25 cents with 51,353 shares changing hands at $26. Scotia Group jumped $1.90 with 344,599 shares changing hands to close at $35, Scotia Investments climbed 50 cents with 2,000 units changing hands to close at $33, Supreme Ventures fell 10 cents and ended at $4.80 with 10,400 units changing hands, Proven Investments traded 60,000 shares at 18.55 US cents and JMMB Group 7.50% preference share closed with 796,887 units changing hands at $1.06.
steep rise in the index are strong gains in Caribbean Cement that is up $1.50 to $29.50, JMMB Group up to $14, National Commercial bank to $29.99 and Scotia Group with an average of $34.66.
The average trade for the day in the main market ended at just 56,681 shares compared to an average of 163,633 units traded on Wednesday with the average for the November ending at 208,466 units.
PANJAM Investment traded 12,100 units at $24.32 after rising 2 cents, Portland JSX traded 13,500 units with the price losing 5 cents to $11. Radio Jamaica gained 5 cents in trading 3,930 units to close at $1.35, Sagicor Group dipped 40 cents with 330,766 shares changing hands at $25.60, Sagicor Real Estate Fund traded 7,026 units with the price ending at $10.25, while Scotia Group jumped $1.27 with 181,762 shares changing hands to close at $33. Supreme Ventures lost 15 cents and ended at $4.80 with 6,000 units changing hands and JMMB Group 7.50% preference share traded rose 5 cents to close with 133,100 units at $1.05.

The average trade for the day in the main market ended at 163,633 shares and 208,466 units month to date. On Tuesday, an average of 16,629 units traded and for the month to date, 253,298 units, in comparison the average for the October was 220,811 units.

IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 8 stocks with bids higher than their last selling prices and 3 with lower offers.
138 Student Living ordinary share traded at $5 with 60,400 units changing hands, PAN JAM Investment traded 15,925 shares to end at $24, Pulse Investments traded 25,000 shares after gaining 10 cents to end at $4, Radio Jamaica traded 130,200 units but lost 5 cents to close at $1.35, Sagicor Group had 67,480 shares changing hands to close at $25.50. Sagicor Real Estate Fund traded 2,660 units with the price falling 28 cents to $10.25. Scotia Group traded 697,692 shares to close with a gain of 15 cents at $31.71, Seprod traded 1,646,200 units to close with a rise of $1.09 at $26.99 and Supreme Ventures lost 10 cents and closed at $4.70 with 7,946,940 shares changing hands.