JSE stocks making strong recovery

The Jamaica Stock Exchange main market indices were pushed sharply higher on Tuesday, sending the All Jamaica Index surging 5,742.86 points to 397,756.57 and JSE Index jumped 5,232.40 points to close at 362,401.24, thanks partially to jump in the price of NCB Financial.
Market activity closed with 32 active securities in the main and US dollar markets, compared to 30 on Thursday with the prices of 13 stocks rose, 9 declined and 10 remained unchanged.
Main market trading closed with JMMB Group leading with 5,977,409 units, or 49 percent of the day’s volume and NCB Financial with just under 4.29 million units and 35 percent of volume traded.
IC bid-offer Indicator|At the end of trading, the Choice bid-offer indicator reading shows 3 stocks ending with the bid higher than the last selling prices and 7 closing with lower offers.
The market closed with much more trading volume and value than on Monday as 12,215,304 units valued at over $798,389,015 changed hands, compared with 8,566,949 units valued at $433,399,089 being exchanged, on Monday.
Trading resulted in an average of 436,261 units valued at over $28,513,893, in contrast to 295,412 shares valued at $14,944,796 on Monday. The average volume and value for the month to date, amounts to 268,764 valued at $6,039,932, compared to 256,707 valued at $4,301,615. 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 74 cents and closed at $19.75, trading 2,000 shares, Carreras concluded trading of 10,257 units and lost 32 cents at $9.50, Caribbean Cement jumped $7.75 to close at $50 in trading of 7,325 shares, PanJam Investment rose $2.30 in closing at $64, with an exchange of 62,978 stock units, Sagicor Group advanced by $2 to $39 with an exchange of 3,563 shares, Sagicor Real Estate Fund gained 30 cents and settled at $11.75, trading 3,880 shares, Scotia Group gained $2.99 trading 31,977 to close at $55.99, Seprod shed 50 cents to end trading of 156,060 shares at $29.50 and Sterling Investments  fell 50 cents and closed at $20, with 3,094 shares.
Trading in the US dollar market amounted to 43,400 units valued at over $18,506 as JMMB Group 6.00% traded 12,100 units losing 1 cent to close at $1.04, Productive Business Solution traded 1,000 shares at 59 US cents, Proven Investments closed the trading of 25,000 shares at 19 U$ cents and Sygnus Credit Investments USD share ended with 5,300 units changing hands and rose 1 cent to 9 US cents..
The JSE USD Equities Index inched 0.02 points down to close at 157.77.

Main market stocks make gains – Monday

Grace new HQ close to the end of construction in downtown Kingston

Stocks remained volatile in trading on the Jamaica Stock Exchange on Monday, but the main market indices closed higher with the All Jamaica Index ending 3,162 points ahead of Friday’s close closing much lower than the 9,168.21 points it put on, 30 minutes after trading opened.
Market activity closed with 30 active securities in the main and US dollar markets, compared to 30 on Friday with the prices of 11 stocks rose, 14 declined and 5 remained unchanged.
The All Jamaica Composite Index jumped 3,162.03 points to 392,013.71 and the JSE Index advanced 2,880.96 points to close at 357,168.84.
Main market trading closed with Grace Kennedy leading with 7,016,055 units, or just less than 82 percent of the day’s volume, PanJam Investment with 305,749 units with and 3.6 percent of volume traded.
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 more trading volume and value than on Friday as 8,566,949 units valued at $433,399,089 changed hands, compared with 7,711,871 units valued at $172,980,680 being exchanged, on Friday.
Trading resulted in an average of 295,412 units valued at over $14,944,796, in contrast to 275,424 shares valued at $6,177,881 on Friday. The average volume and value for the month to date, amounts to 256,707 valued at $4,301,615, compared to 253,590 valued at $3,374,731. October closed, with an average of 290,851 shares, valued $5,213,901, for each security traded.
In the main market activity, Berger Paints rose 40 cents and ended at $19, trading 5,200 stock units, Carreras concluded trading of 32,622 units and rose of 50 cents at $9.50, Caribbean Cement dropped $7.75 to close at $42.25 in trading of 28,547 shares, Grace Kennedy rose $1 to end trading 7 million shares to close at $54, Jamaica Producers dipped $2.51 to end at $22, trading 4,130 shares, JMMB Group declined $1.20 to $31.80, with an exchange of 28,707 shares, PanJam Investment dropped $4 in closing at $61.70, with an exchange of 305,749 stock units, Sagicor Group gave up $1.50 and settled at $37 with an exchange of 130,395 shares, Sagicor Real Estate Fund lost 55 cents and settled at $11.45, trading 28,900 shares, Salada Foods rose $1 to close at $21.50 trading 6,300 shares, Scotia Group dropped $2.99 trading 31,977 to close at $53, Seprod gained $1 to end trading of 150,547 shares at $29.50,  traded 8,063 shares and rose Stanley Motta 70 cents to $5.25, Sterling Investments climbed 75 cents to $20.50, trading 1,100 shares and Supreme Ventures lost 99 cents and ended at $16, with an exchange of 44,431 shares.

Trading in the US dollar market amounted to 17,541 units valued at $3,348 as Proven Investments was the sole stock trading and ended at 19 U$ cents.
The JSE USD Equities Index inched 0.36 points higher to close at 157.79.

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.

JSE main market down again on Tuesday

The Jamaica Stock Exchange main market lost ground on Tuesday but with the advancing stocks just edged out declining stocks by one.
Market activity closed with 30 active securities in the main and US dollar markets, compared to 29 on Monday with the prices of 10 stocks rose, 9 declined and 11 remained unchanged.
The All Jamaica Composite Index lost 1,977.46 points to close at 390,937.64 and the JSE Index declined by 1,801.69 points to close at 356,188.44.
Main market trading closed with Scotia Group leading with 498,076 units, or 22 percent of the day’s volume, Wisynco Group with 438,385 units and 19 percent of volume traded and Mayberry Jamaican Equities with 420,374 units accounting for 18.5 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 2,275,042 units valued at $61,431,938 changing hands compared with 2,530,491 units valued at $58,080,585 being exchanged, on Friday.
Trading resulted in an average of 81,252 units valued at over $2,193,998, in contrast to 93,722 shares valued at $2,151,133 on Monday. The average volume and value for the month to date, amounts to 270,542 valued at $2,810,418, compared to 292,443 valued at $2,890,696. 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 50 cent to close at $20.50, trading 550 shares, Caribbean Cement jumped $5 to close at $49 in trading of 18,535 shares, Jamaica Producers gained $1 to end at $24, trading 15,800 shares, JMMB Group fell 90 cents and ended at $33, with an exchange of 110,598 shares, Kingston Wharves dropped $2 to $76 trading 4,800 shares, Mayberry Investments shed 43 cents to settle at $9.57, in exchanging 32,704 units, NCB Financial Group lost $1 and ended trading 127,194 shares at $132, after trading at a 52 weeks’ high of $135.01. PanJam Investment gained $1.70 in closing at $65.70, with an exchange of just 500 stock units, Sagicor Group rose 50 cents to $39, trading 13,945 shares, Sagicor Real Estate Fund gained 50 cents and settled at $12.50, trading 297 shares and Seprod fell $1 and finished trading 4,833 shares at $35.
Trading in the US dollar market ended with 12,200 units valued at over US$20,506 traded, Proven investments completed trading of 429,681 shares and fell 3.5 cents to end at 19.5 U$ cents and Sygnus Credit Investments traded 2,500 units after falling 1 cent to 10 US cents. The JSE USD Equities Index declined by 14.71 points to close at 160.92.

Big fall for JSE on Monday

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 enjoyed modest gains on Friday

Trading on the Jamaica Stock Exchange resulted in more stocks rising than falling leading to a moderate pick up in the market indices as trading levels declined sharply.
At the close of market activity, the prices of 11 securities rose, 9 declined, while 10 remained unchanged, leading the All Jamaica Composite Index to rise 832.12 points to close at 397,739.58 and the JSE Index gained 758.16 points to end at 362,385.78. The closing indices are different than the ones released by the stock exchange that is much lower than the close on Thursday.
Trading closed with 30 active securities in the main and US dollar markets, on Friday compared to 29 on Thursday. Trading closed with 2,082,014 units valued at $42,778,375 compared with 53,515,060 units valued $119,025,805 changing hands, on Thursday.
Main market trading closed with Carreras leading with 440,416 units trading, or 21 percent of the day’s volume, Scotia Group with 392,361 units and 19 percent of volume traded and Radio Jamaica with 259,000 units with 12.4 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 4 closing with lower offers.
Trading resulted in an average of 77,112 units valued at over $1,584,384, in contrast to 1,911,252 shares valued at $4,250,922 on Thursday. The average volume and value for the month to date amounts 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, Caribbean Cement gained up $1.79 trading 1,055 shares to close at $43, Grace Kennedy rose $2 and ended trading with 27,576 shares at $57, Jamaica Broilers traded 19,491 stock units, at $29.71, after falling 29 cents, Jamaica Producers jumped $3.49 and finished trading 7,040 units at $28, Jamaica Stock Exchange dropped $1.50 to close at $10, in exchanging 207,374 shares, JMMB Group gained 48 cents to $32.50, trading 17,573 shares, Kingston Wharves lost 95 cents to close at $75 with 2,792 stock units trading, Mayberry Jamaica Equities traded 25,925 units but lost $1 to close at $10.50, Scotia Group gained $1.46 to $52.49, trading 392,361 units.
Trading in the US dollar market ended with, JMMB Group 5.75 percent preference share rising 3 cents exchanging 1,700 shares at $2.06, Proven Investments traded 4,360 units changing hands at 20 US cents and Sygnus Credit Investments US dollar based ordinary share traded 11,820 units at 11 US cents. The JSE USD Equities Index rose 0.09 points at 163.39.

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.