Trading down on main market – Tuesday

January 22, 2019 by

Main market volume contracts.

The number of securities rose but the volume and valued fell well below Monday’s levels, in trading on the Jamaica Stock Exchange on Tuesday.
The main and US dollar markets, had 35 securities changing hands, with prices of 6 rising, 16 declining with 13 remaining unchanged, compared to 33 securities trading on Monday. At the close, the All Jamaican Composite Index fell 66.59 points to close at 405,973.73 and the JSE Index declined by 60.60 points to 369,896.18.
Market activity ended with 2,311,810 units valued at over $51,353,169 compared to 4,336,558 units valued at $78,388,229, changing hands, on Monday. Stanley Motta led trading with just 284,016 units for 12 percent of the day’s volume, followed by 138 Student Living with 211,874 units accounting for 9 percent of the volume changing hands and Kingston Properties  with 194,545 shares and 8.4 percent of the day’s volume.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator  reading shows 12 stocks ending with bids higher than their last selling prices and 3 closing with lower offers.
An average of 67,994 units valued at over $1,510,387, in contrast to 144,552 shares valued at $2,612,941 on Monday. The average volume and value for the month to date amounts 85,685 units valued at $2,331,954 compared to 87,049 units valued at $2,399,754, previously. Trading for December ended, with an average of 835,037 units with a value of $25,906,477, for each security traded.
In main market activity, Berger Paints rose by $2 to end at $19.50, with the trading of 1,000 stock units, Caribbean Cement gained $2 trading 11,935 shares, to close at $42, Grace Kennedy lost $2.65 in trading 31,030 stock units to close at $56.10, Jamaica Broilers lost 94 cents and finished trading 78,704 units at $28.06. JMMB Group concluded trading of 77,772 shares at $31.03, with a fall of 97 cents, Kingston Properties  lost 50 cents and finished at $6, in trading 194,545 stock units, 138 Student Living finished trading 211,874  shares with a fall of 75 cents to close at 52 weeks’ low of $2.80.  PanJam Investment  shed 50 cents to close at $71, with 14,375 units changing hands.  Sagicor Group  fell 99 cents to settle at $38.01, in trading of 5,452 shares, Scotia Group traded 12,745 shares after losing 50 cents to close at $51.90. Seprod gained 40 cents and ended at $31.20 with an exchange of 29,427 shares and Supreme Ventures lost $1 in concluding trading of 135,592 stock units at $19.
Trading in the US dollar market resulted in Sygnus Credit Investments trading 18,161 shares at 8 US cents. The JSE USD Equities Index fell by 0.12 points to close at 165.85.

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Drop for JSE main market – Monday

January 21, 2019 by

Trading on the Jamaica Stock Exchange on Monday, resulted in another day of decline in the two main market indices, but the volume and value of stocks trading, dropped sharply than the elvesl on Friday.
At the close, the All Jamaican Composite Index fell 1,946.42 points to close at 406,040.32 and the JSE Index declined by 1,771.50 points to 369,956.78.
The main and US dollar markets, had 33 securities changing hands, with prices of 9 rising, 15 declining with 9 remaining unchanged, compared to 30 securities trading on Friday.
Market activity ended with 4,336,558 units valued at $78,388,229 compared to 6,892,345 units valued at $205,088,843, changing hands, on Friday.
Radio Jamaica led trading with 1,783,056 units for 41 percent of the day’s volume, followed by Pulse Investments with 699,604 units accounting for 16 percent of the volume changing hands and Sagicor Real Estate Fund with 306,096 units and 7 percent of the day’s volume.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 18 stocks ending with bids higher than their last selling prices and 2 closing with lower offers.
An average of 144,552 units valued at over $2,612,941, in contrast to 246,155 shares valued at $7,324,602 on Friday. The average volume and value for the month to date amounts 87,049 units valued at $2,399,754 compared to 82,851 units valued at $2,383,011, previously. Trading for December ended, with an average of 835,037 units with a value of $25,906,477, for each security traded.
In main market activity, Berger Paints lost $2.50 and ended at $17.50, with the trading of 10,398 stock units, Caribbean Cement dropped $7 trading 10,398 shares, to close at $40, Grace Kennedy rose 25 cents in trading 37,686 shares at $58.75, Jamaica Producers lost 80 cents and closed at $22.20, with 57,504 shares changing hands. NCB Financial Group gained $1 trading 243,064 shares to close at $145, PanJam Investment shed 50 cents to close at $71.50, with 110,315 units changing hands. Sagicor Group fell 99 cents to settle at $39, in trading of 80,640 shares, Sagicor Real Estate Fund fell 49 cents to settle at $10.11, in trading of 80,640 shares,Scotia Group traded 124,455 shares after gaining 39 cents to close at $52.40. Seprod fell 70 cents and ended at $30.80 with an exchange of 41,125 shares and Wisynco Group lost 45 cents and concluded trading at $9.75, with 64,698 stock units changing hands.
Trading in the US dollar market resulted in 68,991 units valued at over $14,240. JMMB Group 6% preference share settled at US$1.05 with 7,627 shares trading, Proven Investments  traded 52,308 stock units at 21.9 US cents and Sygnus Credit Investments rose 0.05 cent and ended at 8 US cents trading 52,308 shares. The JSE USD Equities Index advanced by 0.12 points to close at 165.97.

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Gain for JSE main market – Friday

January 18, 2019 by

Trading on the Jamaica Stock Exchange on Friday, resulted in another day of moderate fall in the two main indices, but market volume and value increased over that of Thursday.
At the close, the All Jamaican Composite Index advanced by 676.83 points to close at 407,986.74 and the JSE Index gained 616.01 points to close at 371,728.28.
Market activity ended with 6,892,345 units valued at over $205,088,843 compared to 5,588,296 units valued at $115,025,442, changing hands, on Thursday.
JMMB Group led trading with 5,243,381 units for 76 percent of the day’s volume, followed by Carreras with just 228,309 units accounting for 3 percent of the volume changing hands and Sagicor Group with 219,490 units and 3 percent of the day’s volume.
The main and US dollar markets, had 30 securities changing hands, with prices of 10 rising, 8 declining with 12 remaining unchanged, compared to 36 securities trading on Thursday.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator suggest that the market could enjoy strong gains on Friday with the reading showing 13 stocks ending with bids higher than their last selling prices and 3 closing with lower offers.
An average of 246,155 units valued at over $7,324,602, in contrast to 169,342 units valued at $3,485,619 on Thursday. The average volume and value for the month to date amounts 82,851 units valued at $2,383,011compared to 70,913 units valued at $1,992,151, previously. Trading for December ended, with an average of 835,037 units with a value of $25,906,477, for each security traded.
In main market activity, Caribbean Cement jumped $7 trading 1,350 shares to close at $47, Eppley shed $1 and settled at $9, trading 6,000 shares, Grace Kennedy rose $2.40 in trading 86,346 shares at $58.50, JMMB Group concluded trading of 5,243,381 shares and climbed $3 to close at $32. Kingston Properties added 30 cents to finish at $6.50, with 2,298 stock units, NCB Financial Group gained 25 cents trading 105,761shares to close at $143.75,  PanJam Investment  gained 50 cents to close at $72, with 47,027 units changing hands.  Sagicor Group  rose 99 cents to settle at $39.99, in trading of 219,490 shares, Scotia Group  traded 87,037 shares after falling $2.99 to close at $52.01. Seprod rose 50 cents and ended at $31.50 with an exchange of 37,708 shares and Sygnus Credit Investments lost 80 cents and concluded trading at $11.20, with 37,800 stock units changing hands.
Trading in the US dollar market resulted in 37,600 units valued at $19,616. JMMB Group 5.75% preference share settled at US$2 with 8,650 shares trading and Sygnus Credit Investments ended at 7.5 US cents trading 24,274 shares. The JSE USD Equities Index declined by 0.02 points to close at 165.85.

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Fall again for JSE main market – Thursday

January 17, 2019 by

Trading on the Jamaica Stock Exchange on Thursday, resulted in another day of moderate fall in the two main indices, but market volume and value increased over that of Wednesday.
At the close, the All Jamaican Composite Index dropped 1,118.62 points to close at 407,309.91 and the JSE Index declining by 1,018.09 points to end at 371,112.27.
Market activity ended with 5,588,296 units valued at $115,025,442 compared to 2,621,751 units valued at $79,656,335 changing hands, on Wednesday.
JMMB Group led trading with 2,084,124 units for 37 percent of the day’s volume, followed by Pulse Investments with 986,375 units accounting for 17.7 percent of the volume changing hands and JMMB Group 7.50% with 400,000 units and 7 percent of the day’s volume.
The main and US dollar markets, had 36 securities changing hands, with prices of 13 rising, 10 declining with 13 remaining unchanged, compared to the same number of securities trading on Wednesday.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator suggest that the market could enjoy strong gains on Thursday with the reading showing 8 stocks ending with bids higher than their last selling prices and 5 closing with lower offers.
An average of 169,342 units valued at $3,485,619, in contrast to 79,768 units valued at over $1,781,160 on Wednesday. The average volume and value for the month to date amounts 70,913 units valued at $1,992,151 compared to 61,632 units valued at $1,838,617, previously. Trading for December ended, with an average of 835,037 units with a value of $25,906,477, for each security traded.
In main market activity, Barita Investments lost $1 to close at $51, trading 15,748 shares, Caribbean Cement finished trading 29,100 shares to close at $40, Eppley added $1 and settled at $10, with 5,848 shares trading, Grace Kennedy fell $2.90 in trading 23,247 shares at $56.10, Jamaica Broilers traded 56,842 stock units and rose $1 to $29. JMMB Group concluded trading of 2,084,124 shares but lost $3 to close at $29, Kingston Properties shed 30 cents to finish at $6.20, with 350 stock units, NCB Financial Group lost $1.25 in trading 138,873 shares to close at $143.75, PanJam Investment gained 50 cents to close at $71,50, with 24,178 units changing hands. Pulse Investments rose 34 cents and concluded trading of 986,375 shares at $3.50, Sagicor Group fell 90 cents to settle at $39, in trading of 17,250 shares, Sagicor Real Estate Fund ended trading rose 48 cents trading 13,000 shares to close at $10.60, Scotia Group traded 99,524 shares after rising $1.01 to close at $55. Sterling Investments lost 36 cents and ended at $3.70, with an exchange of 38,070 shares and Supreme Ventures rose 50 cents and concluded trading at $20, with 119,504 stock units changing hands.
Trading in the US dollar market resulted in 32,240 units valued at $12,360 units. Preference share, JMMB Group 5.75% settled at US$2 with 4,867 shares trading. Proven Investments ended trading of 3,099 units at 21.9 US cents Sygnus Credit Investments fell 0.015 cent to end at 0.75 US cents trading 24,274 shares. The JSE USD Equities Index declined by 0.83 points to close at 165.87.

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Moderate JSE main market trading – Wednesday

January 16, 2019 by

Main market volume contracts.

Trading on the Jamaica Stock Exchange on Wednesday, resulted in moderate fall in the two main indices, in contrast to much heavier fall on Tuesday as volume declined with the number of stocks trading, remaining high.
At the close, the All Jamaican Composite Index dropped 699.43 points to close at 408,428.53 and the JSE Index declined by 636.58 points to close at 372,130.36.
Market activity ended with 2,621,751 units valued at $79,656,335 changing hands, compared 2,621,751 units valued at $79,656,335 on Tuesday.
Mayberry Investments led trading with 1,160,774 units for 44 percent of the day’s volume, followed by Radio Jamaica with 254,622 units accounting for 9.7 percent of the volume changing hands and NCB Financial with 183,388 units and 7 percent of the day’s volume.
The main and US dollar markets, had 36 securities changing hands, with prices of 13 rising, 11 declining with 12 remaining unchanged, compared to 36 securities trading on Tuesday.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator suggest that the market could enjoy strong gains on Wednesday with the reading showing 11 stocks ending with bids higher than their last selling prices and 3 closing with lower offers.
An average of 79,768 units valued at over $1,781,160, in contrast to 79,447 units valued at $2,413,828 on Tuesday. The average volume and value for the month to date amounts to 61,632 units valued at $1,838,617 compared to 59,744 units valued at $1,845,200, previously. Trading for December ended, with an average of 835,037 units with a value of $25,906,477, for each security traded.
In main market activity, Barita Investments lost $1 to close at $50, in trading 5,246 shares, Eppley fell $1 and settled at $9, with 10,743 shares trading, Grace Kennedy climbed $2.97 in trading 56,340 shares at $59, Jamaica Broilers traded 38,148 stock units and rose by $1 to $28. Jamaica Producers added $2 to close at $23, with 7,643 shares changing hands, Kingston Properties gained 50 cents to finish at $6.50, with 500 stock units, Kingston Wharves settled at $75.00, with 51,245 units trading, PanJam Investment ended with a rise of $1 to $71, with 49,064 units changing hands. Pulse Investments rose 46 cents and concluded trading of 57,033 shares at $3.16, Sagicor Group rose by 40 cents to settle at $39.90, in trading of 51,905 shares, Scotia Group  traded 7,695 shares after rising $1.49 to close at $53.99. Sterling Investments  lost 44 cents and ended at $4.06, with an exchange of 70,711 shares, Sygnus Credit Investments traded 68,982 shares and gained 60 cent to close at $12 and Victoria Mutual Investments  rose 44 cents and concluded trading 39,128 stock units at $3.94.
Trading in the US dollar market resulted in 14,573 units valued at $16,488 units. Preference share, Eppley 5% ended at 98 US cents trading 6,100 shares and JMMB Group 5.75% settled at US$2 with 4,860 shares. Proven Investments rose by a cent and ended trading of 3,613 units at 22 US cents. The JSE USD Equities Index rose 4.36 points to close at 166.70.

 

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Sharp fall for JSE main market – Tuesday

January 15, 2019 by

Trading on the Jamaica Stock Exchange on Tuesday, resulted in sharp fall in the two main indices with the All Jamaican Composite Index dropping 5,066.78 points to 409,127.96 and the JSE Index declining by 4,611.43 points to close at 372,766.94.
Market activity ended with 2,621,751 units valued at $79,656,335 changing hands, compared 2,167,152 units valued at $105,404,838 on Monday. JMMB Group 7.25% Preference share led trading with 500,000 units for 19.07 percent of the day’s volume, followed by Scotia Group with 358,092 units accounting for 13.66 percent of the volume changing hands and Wisynco Group with 330,358 units and 12.60 percent of the day’s volume.
The main and US dollar markets, had 36 securities changing hands, with prices of 14 rising, 12 declining with 10 remaining unchanged, compared to 33 securities trading on Monday.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator suggest that the market could enjoy strong gains on Tuesday with the reading showing 14 stocks ending with bids higher than their last selling prices and 3 closing with lower offers.
An average of 79,447 units valued at over $2,413,828, in contrast to 77,398 shares valued at $3,764,458 on Monday. The average volume and value for the month to date amounts to 59,744 units valued at $1,845,200 compared to 57,455 units valued at $1,771,613, previously. Trading for December ended, with an average of 835,037 units with a value of $25,906,477, for each security traded.
In main market activity, Barita Investments lost $1.50 to close at $51, trading 23,291 shares, Caribbean Cement climbed $2.99 to finish at $41, with 14,363 shares changing hands, Eppley gained $1 and settled at $10, with 909 shares trading, Grace Kennedy dived $3.96 in trading 88,305 shares at $56.03, Jamaica Broilers traded 48,033 stock units and fell $1 to $27. Jamaica Producers lost $2 to close at $21, with 45,251 shares changing hands, JMMB Group lost $1.84 trading of 31,001 shares to end at $32.14, Portland JSX rose 50 cents and ended at $8, with an exchange of 27,359 units, Pulse Investments  concluded trading at $2.70, with 130,066 shares, after fall by 46 cents. Sagicor Group  fell 50 cents and settled at $39.50, with 38,120 shares, Salada Foods jumped $3.49 to $35, in trading with 3,590 stock units, Scotia Group traded 358,092 shares after falling $1.50 to close at $52.50. Supreme Ventures, rose 50 cents to end at $19.50, with 29,215 stock units changing hands, Victoria Mutual Investments fell 45 cents and concluded trading 30,404 stock units at $3.50 and Wisynco Group fell 37 cents and settled at $10.03, with 330,358 shares trading.
Trading in the US dollar market resulted in 180,004 units valued at $50,898 units. Preference shares Eppley 5% added 1 cent to end at 98 US cents with 3,534 shares trading and JMMB Group 5.75% settled at US$2 with 6,070 shares. Proven Investments end trading of 170,400 units at 21 US cents after inching higher by 0.09 cent. The JSE USD Equities Index lost 1.33 points to close at 162.34.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Steady JSE main market trading – Monday  

January 14, 2019 by

Trading on the Jamaica Stock Exchange on Monday, resulted in 2,167,152 units valued at $105,404,838 changing hands, compared 2,798,965 units valued $103,358,114 on Friday.
The main and US dollar markets, had 31 securities changing hands, with prices of 10 rising, 11 declining with 10 remaining unchanged, compared to 33 securities trading on Friday. Shares of MPC Caribbean Clean Energy were listed on the main and US dollar markets as well as on the Trinidad Stocks exchnage on Monday. The stock closed without any trades taking place.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator suggest that the market could enjoy strong gains on Monday with the reading showing 13 stocks ending with bids higher than their last selling prices and only 2 closing with lower offers.
Market activity led to the All Jamaican Composite Index in shedding 133.35 points to at 414,194.74 and the JSE Index declined 121.37 points to close at 377,378.37.
Grace Kennedy led trading with 671,073 units and 31 percent of the day’s volume, followed by NCB Financial with 287,886 units or 13.3 percent of the volume changing hands and Jamaica Broilers with 200,200 units accounting for 9.2 percent of the day’s volume.
An average of 77,398 units valued at over $3,764,458 changed hands, in contrast to 93,299 shares valued at $3,445,270 on Friday. The average volume and value for the month to date amounts to 57,455 units valued at $1,771,613 compared to 55,273 units valued at $1,525,800, previously. Trading for December ended, with an average of 835,037 units with a value of $25,906,477, for each security traded.
In main market activity, Barita Investments rose $2.07 and closed at $52.50, trading 42,298 shares, Caribbean Cement declined $1.98 to finish at $38.01, with 42,235 shares changing hands, Jamaica Producers rose 50 cents to close at $23, with 11,243 shares changing hands. JMMB Group rose $1.48 and concluded trading of 60,834 shares at $33.98, Kingston Wharves gained $1.50 to end at $77, with 8,718 units changing hands. NCB Financial Group dropped $4.90 trading 287,886 shares to close at $145, PanJam Investment rose $2 to end at $72, trading 13,855 shares, Proven Investments lost $1 in trading 1,761 shares at $26, Scotia Group traded 5,800 shares after falling 99 cents to close at $54. Seprod gained $1.75 and closed at $32, trading 32,600 shares, Supreme Ventures, fell 50 cents to end at $19, with 159,190 stock units changing hands and Wisynco Group rose 34 cents and settled at $10.40, with 38,621 shares trading.
Trading in the US dollar market resulted in 64,146 units valued at $11,213 units. JMMB Group 5.75% preference share traded 1,210 units to close at US$2, Proven Investments that rose 0.09 cent in trading 25,936 units at 21 US cents and Sygnus Credit Investments traded 37,000 units at 9 US cents. The JSE USD Equities Index lost 3.19 points to close at 163.67.

 

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JSE trading picks up Friday

January 11, 2019 by

Trading picked up further on the Jamaica Stock Exchange on Friday, with 2,798,965 units valued $103,358,114 compared 3,487,141 units valued at $63,034,296 changing hands on Thursday.
The main and US dollar markets, had 33 securities changing hands, with prices of 7 rising, 16 declining with 10 remaining unchanged, compared to 32 securities trading on Thursday.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator suggest that the market could enjoy strong gains on Monday with the reading showing 17 stocks ending with bids higher than their last selling prices and only 1 closing with a lower offer.
Market activity led to the All Jamaican Composite Index climbed 1,774.48 points to 414,328.09 and the JSE Index advanced by 1,616.75 points to close at 377,499.74.
Scotia Group led trading with 551,291 units and 19.70 percent of the day’s volume, followed by Seprod with 442,081 units or 15.8 percent of the volume changing hands and Grace Kennedy with 367,707 units with units accounting for 13.14 percent of the day’s volume.
An average of 93,299 units valued at over $3,445,270, in contrast to 120,246 shares valued at $2,173,596 on Thursday. The average volume and value for the month to date amounts to 55,273 units valued at $1,525,800 compared to 50,226 units valued at $1,233,495, previously. Trading for December ended, with an average of 835,037 units with a value of $25,906,477, for each security traded.
In main market activity, Barita Investments shed $1.07 and closed at $50.43, with just 510 shares traded, Jamaica Broilers lost $1 and finished trading at $28, with 35,857 units, Jamaica Producers rose $1.50 to close at $22.50, with 1,536 shares changing hands. JMMB Group lost $1.48 and concluded trading of 8,480 shares at $32.50, Kingston Wharves dropped $1.95 to $75.50, with 807 units changing hands. PanJam Investment declined 50 cents to end at $70, trading 39,228 shares, Sagicor Real Estate Fund  shed 95 cents, while trading 52,515 shares, to close at $10.05,  Salada Foods  traded 11,964 units at $31.51. Scotia Group  traded 551,291 shares after gaining $2.98 to close at $54.99, Seprod gained 25 cents and closed at $30.25, trading 442,081 shares, Stanley Motta traded 12,700 shares, but fell 75 cents to end at $4.25 and Supreme Ventures, gained 50 cents to end at $19.50, with 17,332 stock units changing hands.
Trading in the US dollar market resulted in 40,984 units valued at $43,283 units. JMMB Group 6% preference shares traded 24,139 units to close at $1.05, followed by and JMMB Group 5.75% preference share traded 8,000 units to close at US$2 and Proven Investments that rose 0.1 cent in trading 8,845 units at 21.90 US cents after falling 0.01 cent. The JSE USD Equities Index was unchanged at the close at 166.86.

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JSE trading doubled on Thursday

January 10, 2019 by

Trading on the Jamaica Stock Exchange picked up on Thursday, with almost twice the volumes that traded on Wednesday and resulted in minor increases to the market indices.  
At the close of trading, the All Jamaican Composite Index inched 83.14 points higher to 412,553.61 and the JSE Index eked out a modest rise of 75.75 points to close at 375,882.99.
Main market trading ended with, 3,487,141 units valued at $63,034,296 compared 1,683,322 units valued at $37,751,520 changing hands on Wednesday.
The main and US dollar markets, had 32 securities changing hands, with prices of 11 rising, 10 declining with 11 remaining unchanged, compared to 31 securities trading on Thursday.
1834 Investments led trading with 971,378 units and 28 percent of the day’s volume, followed by Sagicor Real Estate Fund with 396,384 units or 11.34 percent of the volume changing hands and Seprod with 382,512 units accounting for 11 percent of the day’s volume.
An average of 120,246 units valued at $2,173,596, in contrast to 60,119 shares valued at $1,348,269 on Wednesday. The average volume and value for the month to date amounts to 50,226 units valued at $1,233,495 compared to 39,918 units valued at $1,071,215, previously. Trading for December ended, with an average of 835,037 units with a value of $25,906,477, for each security traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator reading shows 9 stocks ending with bids higher than their last selling prices and 3 closing with lower offers.
In main market activity, Barita Investments gained $1.50 and closed at $51.50, with 33,267 shares traded, Grace Kennedy shed $3 trading 178,439 stock units at $60, Jamaica Broilers gained $1 and finished trading at $29, with 361,940 units, Jamaica Producers rose 95 cents to close at $21, with 200,097 shares changing hands. Kingston Wharves rose $2.45 to settle at $77.45, with 2,600 units changing hands, NCB Financial Group gained 90 cents in trading just 2,600 shares at $149.90.  PanJam Investment  declined by $1.50 to end at $70.50, trading 15,048 units, Sagicor Group gained 99 cents trading 51,887 units to close at $39.99, Sagicor Real Estate Fund shed the 66 cents it picked up on Wednesday, while trading 395,384 shares, to close at $11.  Scotia Group  traded 30,100 shares after declining $1.99 to close at $52.01 and Sygnus Credit Investments rose by 50 cents to close at $11.50 in trading 98,314 shares.
Trading in the US dollar market resulted in 59,299 units valued at $32,695. JMMB Group 6% preference shares traded 26,511 units after rising 1 cents to close at $1.05, followed by Proven Investments that rose 0.1 cent in trading 14,788 units at 21.90 US cents and Sygnus Credit Investments traded 18,000 units at 9 US cents. The JSE USD Equities Index was unchanged at the close at 166.86.

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JSE trading remains subdued Wednesday

January 9, 2019 by

Trading on the Jamaica Stock Exchange closed Wednesday with modest losses in the market indices, as trading levels remained below normal.
At the close of trading, the All Jamaican Composite Index lost 361.86 points to end at 412,470.47 and the JSE Index declined by 329.70 points to close at 375,807.24.
Main market trading ended with 1,683,322 units valued at $37,751,520, compared to 1,496,686 units valued at $31,571,688 changing hands on Wednesday.
The main and US dollar markets, had 31 securities changing hands, with prices of 11 rising, 9 declining with 10 remaining unchanged, compared to 27 securities trading on Wednesday.
Sagicor Real Estate Fund led trading with 507,100 units and 30.1 percent of the day’s volume, followed by JMMB Group 7.25% preference shares with 265,000 units or 15.74 percent of the volume changing hands and Barita Investments with 101,743 units accounting for 6 percent of the day’s volume.
An average of 60,119 units valued at over $1,348,269, in contrast to 55,433 shares valued at $1,169,322 on Tuesday. The average volume and value for the month to date amounts to 39,918 units valued at $1,071,215 compared to 44,147 units valued at $1,258,519, previously. Trading for December ended, with an average of 835,037 units with a value of $25,906,477, for each security traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator reading shows 9 stocks ending with bids higher than their last selling prices and 3 closing with lower offers.
In main market activity, Barita Investments gained $2 and closed at $50, with 101,743 shares traded, Caribbean Cement fell $1 and finished at $40 while trading 2,700 shares, Grace Kennedy added $2 trading 5,850 stock units at $63, Jamaica Producers dropped $1.45 to close at $20.05, with 55,372 shares changing hands. JMMB Group jumped $3.19 to conclude trading of 47,251 shares at $33.99, Mayberry Investments rose 40 cents and ended trading of 2,500 shares at $9.40, Mayberry Jamaican Equities rose 45 cents trading with 26,352 shares, at $9.55, NCB Financial Group gained 50 cents in trading 82,269 shares at $149.  Sagicor Group lost 98 cents trading 40,721 units to close at $39, Sagicor Real Estate Fund  gained 66 cents and ended trading 507,100 shares at $11.66,  Scotia Group traded 80,355 shares after declining 50 cents to close at $54. Seprod fell by $1 and ended at $30, with 8,245 shares trading and Supreme Ventures  concluded trading at $19, with 5,620 stock units changing hands after climbing by 51 cents.
Trading in the US dollar market resulted in 36,500 units valued at $53,052. JMMB Group 5.75% preference shares traded 25,000 units in closing at US$2, JMMB Group 6% preference shares traded 650 units after falling 1 cents to close at $1.04, followed by Proven Investments that rose 0.5 cents in trading 10,850 units at 22 US cents. The JSE USD Equities Index advanced by 4.40 points to close at 166.86.

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