Supreme Ventures — Page 148

5.5m Pulse shares trade – Wednesday

June 27, 2018 by IC Insider.com

Kingsley Cooper Chairman of Pulse

Pulse Investments traded more than 5.4 million shares in trading on the Jamaica Stock Exchange on Wednesday out of a total of 12,393,354 units trading in the main and US dollar markets as the main market indices dived more than 2,690 points.
The volume of Pulse shares traded, is significant as it represents an unusually large amount that is out of line with normal trading levels for that company.
At the close on the Jamaica Stock Exchange on Wednesday, the All Jamaican Composite Index dropped 2,954.25 points at 331,380.70, while the JSE Index dived 2,691.66 points to 301,925.23.
Stocks with major price changes are, Grace Kennedy down 74 cents to $52.26, NCB Financial falling 84 cents to $98.06, PanJam Investment dropping $4.77 to $52.80, Scotia Group down $1.60 to end at $50.40, Seprod dropping $3.40 to $31.60, Supreme Ventures rising $1 to $15 and Sterling Investments up $1 to $11.50.
At the close of market activity, 12,367,754 units valued at $115,843,551 changed hands compared to 6,586,973 units valued at $111,180,207, on Tuesday.
The other companies with major volume traded were, Wisynco Group with 1,408,344 units, accounting for just over 11 percent of the volume traded, followed by Jamaica Producers with 1,268,622 units or just over 10 percent of the main market volume, JMMB Group 7.5% preference share exchanged 1,151,126 shares and Sygnus Credit was next with 691,887 units.
Market activities in the main and US dollar markets resulted in 25 securities trading of which 8 advanced, 11 declined and 5 closing unchanged, compared to 28 securities trading on Tuesday.
In the US dollar market, 25,600 units traded valued at $2,816 with Sygnus Credit being the sole stock trading to end at 11 US cents. The JSE USD Equities Index closed unchanged at 155.49.
Trading resulted in an average of 515,323 units valued at an average of $4,826,815 for each security traded, in contrast to 253,345 units valued at an average of $4,276,162 on Tuesday. For the month to date 232,741 units traded with an average value of $5,302,373 and on the previous day 218,900 units traded with an average value of $5,326,971 on average. May closed with an average of 589,414 shares with a value of $16,532.367, for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 10 stocks ended with bids higher than their last selling prices and none closing with a lower offer.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Caribbean Cement, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, NCB Financial, PANJAM Investment, Salada Foods, Scotia Group, Seprod, Sterling Investments, Supreme Ventures, Sygnus Credit Investments, Trading Activity, Wisynco Group

PanJam jumps $5 to record high on Tuesday

June 26, 2018 by IC Insider.com

Pan Jam office building in Kingston Jamaica.

PanJam Investment jumped $5.07 to a record high of $57.57, in trading on the Jamaica Stock Exchange on Tuesday, but the market indices dropped more than 1,000 points.
At the close on the Jamaica Stock Exchange on Tuesday, the All Jamaican Composite Index declined by 1,192.30 points to 334,334.95 while the JSE Index fell 1,086.32 points to 304,616.89.
Stocks with major price changes are, Carreras with a fall of $1 to $9, Grace Kennedy down $1 to $53, Portland JSX up 75 cents to $9.80, Salada Foods falling $2.50 to $10, Scotia Group rising 50 cents to end at $52, Supreme Ventures dropping $1.10 to $14 and Sygnus Credit rising 50 cents to $13.50.
At the close of market activity 6,586,973 units valued at $111,180,207 changed hands compared to 4,037,181 units valued at $55,669,184, on Monday.
Trading volume was dominated by Wisynco Group with 2,466,837 units, accounting for 37.45 percent of the volume traded, followed by Mayberry Investments with 835,956 units or just 12.69 percent of the main market volume and Carreras with 613,398 stock units or 9.3 percent.
Market activities in the main and US dollar markets resulted in 25 securities trading of which 7 advanced, 10 declined and 11 closing unchanged, compared to 30 securities trading on Monday.
In the US dollar market, 210,958 units traded valued at $38,935 with Margaritaville trading with 7,958 shares at 19.95 US cents compared to 20 US cents previously and Proven Investments traded 203,000 units at 20 US cents. The JSE USD Equities Index dropped 6.30 points to close at 155.49.
Trading resulted in an average of 253,345 units valued at an average of $4,276,162 for each security traded, in contrast to 168,216 units for an average of $2,319,549 on Monday. For the month to date 216,970 units traded with an average value of $5,389,348 and on the previous day 219,629 units traded with an average value of $5,567,307 on average. May closed with an average of 589,414 shares with a value of $16,532.367, for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and 1 closing with a lower offer.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Stock Exchange, Jamaican stocks, Margaritaville, Portland JSX, Proven Investments, Sagicor Group, Salada Foods, Scotia Group, Supreme Ventures, Sygnus Credit Investments, Trading Activity, Victoria Mutual Investments, Wisynco Group

JSE makes gains on Monday

June 25, 2018 by IC Insider.com

At the close on the Jamaica Stock Exchange on Monday, the All Jamaican Composite Index rose 867.41 points to 335,527.25 while the JSE Index gained 790.30 points to 305,703.21.
Stocks with major price changes are, Berger Paints with a fall of 90 cents to $21.10, Grace Kennedy rising by $1 to a record $54, JMMB Group rising $1.20 to $29, NCB Financial lost 90 cents to close at $99, Salada Foods fell $1.75 to $12.50, Scotia Group lost 50 cents to end at $51.50 and Supreme Ventures dropped 90 cents to $15.10 and Sygnus Credit fell 50 cents to $13.
At the close of market activity, 4,037,181 units valued at $55,669,184 compared to 19,346,217 units valued at $306,929,810 changed hands, on Friday.
Trading volume was dominated by JMMB Group 7.50% preference share with 1,618,000 units that accounted for 40.08 percent of the main market volume followed by Carreras with 677,448 stock units or 16.78 percent and Scotia Group with 363,434 shares.
Market activities in the main and US dollar markets resulted in 25 securities trading of which 7 advanced, 10 declined and 8 traded firm, compared to 30 securities trading on Friday.
In the US dollar market, 16,300 units valued at US$1,793 traded with Sygnus Credit Investments ended trading with 16,300 units at 11 US cents. The JSE USD Equities Index lost 0.84 points to close at 161.79.
Trading resulted in an average of 168,216 units valued at an average of $2,319,549 compared to 691,163 units valued at $10,961,779 on Friday. For the month to date 216,970 units traded with an average value of $5,389,348 and on the previous day 219,629 units traded with an average value of $5,567,307 on average. May closed with an average of 589,414 shares with a value of $16,532.367, for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 9 stocks ended with bids higher than their last selling prices and 1 closing with a lower offer.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, NCB Financial, Salada Foods, Scotia Group, Supreme Ventures, Sygnus Credit Investments, Trading Activity, Victoria Mutual Investments

JSE up one day down another

June 19, 2018 by IC Insider.com

Add your HTML code here...

Syngus Credit Jamaica stock dip below IPO price but teh US based rose.

The Jamaica Stock Exchange main market retreated on Tuesday after it gained on Monday following Friday’s losses as declining stocks had the upper hand over advancing ones.
At the close, the All Jamaican Composite Index fell 634.73 points to 333,735.28 while the JSE Index slipped 578.31 points to 304,070.53, as declining stocks dominated trading.
Market activities in the main and US dollar markets resulted in 32 securities trading of which 9 advanced, 11 declined and 12 traded firm, compared to 22 securities trading on Monday.
At the close of market activity 6,395,222 units valued at $50,487,361 traded compared to 3,061,341 units valued at over $40,934,808 changed hands, on Monday.
Trading volume was dominated by 1834 Investments with 2 million units followed by Ciboney with 1,589,845 units and Mayberry Investments with 1,084,672 units.
Stocks with major price changes are, JMMB Group rising 50 cents to $29, Sagicor Group climbing $1.10 to $39.10 and Supreme Ventures gaining $1.09 to close at $15, Sygnus Credit falling $2.30 to a low of $13.70 and Productive Business Solution Preference share rose $2 to $105.
Trading resulted in an average of 220,525 units valued at over $1,740,943, in contrast to 113,383 shares valued at $1,516,104 on Monday. For the month to date 195,519 units traded with an average value of $6,383,337 and on the previous day 203,633 units traded with an average value of $6,596,529 on average. May closed with an average of 589,414 shares with a value of $16,532.367, for each security traded.
In the US dollar market, 174,740 units valued at over $22,872 traded with Proven Investments ended trading with 6070 units at 20 US cents, Sugnus Credit Investments 167,670 shares and rose 1.5 cents to a new high of 12.5 US cents and JMMB Group 6% preference share advanced by 10 cents in trading 1,000 stock units at $1.10. The JSE USD Equities Index rose 1.32 points to close at 163.15.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 1 closing with a lower offer.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 1834 Investments, Barita Investments, Caribbean Cement, Carreras, Ciboney, Daily Trading, Emerging markets, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Kingston Wharves, Margaritaville, NCB Financial, PANJAM Investment, Portland JSX, Productive Business Solution, Proven Investments, Sagicor Real Estate Fund, Salada Foods, Scotia Group, Seprod, Sterling Investments, Supreme Ventures, Trading Activity, Victoria Mutual Investments, Wisynco Group

JSE stocks down again – Friday

June 15, 2018 by IC Insider.com

The Jamaica Stock Exchange main market retreated for the second day when trading ended on Thursday with the All Jamaican Composite Index dropping 471.19 points to 333,056.79 while the JSE Index slipped 429.31 points to close at 303,452.35 as declining stocks dominated trading.
Market activities in the main and US dollar markets resulted in 28 securities trading, compared to 30 on Tuesday of which 9 advanced, 16 declined and 3 traded firm.
At the close of market activity 2,827,566 units valued at $112,242,230 traded compared to 4,703,010 shares valued at $61,534,534 changed hands, on Thursday.
Trading volume was dominated by NCB Financial Group with 766,949 units followed by Victoria Mutual Investments with 568,164 units and Caribbean Cement Company with 289,511 units.
Stocks with major price changes are, Berger Paints lost 50 cents to $20.50, Caribbean Cement rose $2 to $42, Grace Kennedy rose 50 cents to end at $50.50, Jamaica Broilers declined by 90 cents trading 25,789 stock units to end at $22.10, Portland JSX lost 87 cents to end at $9.25, Sagicor Group lost 95 cents and settled at $38.15 and Sterling Investments climbed $2.50 to close at $9.50.
Trading resulted in an average of 108,753 units valued at an average of $4,317,009 for each security traded. In contrast to 180,885 units valued at an average of $2,366,328 on Thursday. For the month to date 195,519 units traded with an average value of $6,383,337 and on the previous day 203,633 units traded with an average value of $6,596,529 on average. May closed with an average of 589,414 shares with a value of $16,532.367, for each security traded.
In the US dollar market, 87,503 units valued at US$13,558 traded with Proven Investments ended trading with 46,245 units at 20 US cents, Sterling Investments lost 1.10 cents and ended trading at 10.4 US cents with 41,268 shares changing hands. The JSE USD Equities Index rose 0.50 points to close at 162.28.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 4 closing with lower offers.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Caribbean Cement, Carreras, Daily Trading, Emerging markets, Jamaica Broilers, Jamaica Stock Exchange, Jamaican stocks, NCB Financial, Portland JSX, Proven Investments, Sagicor Group, Sterling Investments, Supreme Ventures, Trading Activity, Victoria Mutual Investments, Wisynco Group

JSE majors up 2561 points for week – Friday

June 15, 2018 by IC Insider.com

The Jamaica Stock Exchange pulled back at the close of trading on Friday as declining stocks was 60 percent more than as those advancing to end a week that had 2 days of new record close and still ended the week 2,561 points ahead of the close of the previous week.
At the close of trading, the All Jamaican Composite Index declined 471.19 points to 333,056.79 while the JSE Index slipped 429.31 points to close at 303,452.35.
Just 26 securities traded on Thursday, resulting in 9 advancing, 15 declining and 2 remaining firm resulted in activity amounting to just 2,827,566 units valued at $112,242,230.
In market activity, Berger Paints fell 50 cents and ended at $20.50, with 102,177 stock units, Carreras lost 28 cents in concluding trading at $10, with 171,700 units, Caribbean Cement jumped $2 to $42 while trading 289,511 shares, Ciboney Group rose 1 cent to settle at 13 cents, trading 100,000 shares, Grace Kennedy gained 50 cents and ended trading at $50.50, with 5,120 shares. Jamaica Broilers declined by 90 cents, trading 25,789 stock units to end at $22.10, with, Jamaica Producers gained 10 cents and finished trading at $16.95, with 1,654 units, Jamaica Stock Exchange closed at $7.20, with 2,500 shares after rising 17 cents, JMMB Group ended at $29.45, trading 219,128 shares with a rise of 45 cents. Kingston Properties fell 35 cents concluded trading at 52 weeks’ low of $5, with 6,000 shares, Kingston Wharves fell 35 cents and finished at $45.65, with 26,730 stock units changing hands, Mayberry Investments shed 44 cents and settled at $6.06, with 26,247 units, NCB Financial Group shed 49 cents and ended trading at $99.50, with 766,949 shares. 1834 Investments traded at $1.09 after rising 3 cents with 30,000 shares changing hands, 138 Student Living lost 8 cents and settled at $4.60, with 1,000 units, PanJam Investment closed at $51.45, with 27,225 stock units, Portland JSX lost 87 cents to end at $9.25, with 10,000 units, Radio Jamaica finished at $1.05, with 71,058 shares. Sagicor Group settled at $38.15 and lost 95 cents after trading 73,246 shares, Sagicor Real Estate Fund eased 1 cent and settled at $13.79, with 14,201 shares. Scotia Group rose 57 cents in closing trading at $50.60, with 46,014 units, Sterling Investments dropped $2.50 and closed at $9.50, with 591 shares, Supreme Ventures lost 30 cents and ended at $14.20, with 72,325 shares. Victoria Mutual Investments concluded trading with a fall of 10 cents at $4, exchanging 568,164 stock units and Wisynco Group rose 4 cents, finishing at $9.84, with 169,237 units. In the main market preference segment, JMMB Group 7.5% lost 4 cents and finished at $1.04, with 1,000 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE stocks down again – Friday .”

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Berger Paints, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Money Market Brokers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB, JMMB Group, Kingston Properties, Kingston Wharves, Mayberry Investments, NCB Financial Group, PANJAM Investment, Proven Investments, Pulse Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Salada Foods, Scotia Group, Seprod, Supreme Ventures, Trading Activity, Victoria Mutual Investments, Wisynco

Demand up for several JSE stocks – Thursday

June 14, 2018 by IC Insider.com

Seprod shares dived by $5 on Thursday.

Investors pushed the Jamaica Stock Exchange down from record close on when traded ended on Thursday with the All Jamaican Composite Index dropping 3,165.63 points to 333,527.98 while the JSE Index slipped 2,884.25 points to 303,861.66.
While the main market indices fell, the order book for a number of main market stocks, shows buying interest rising. Caribbean Cement with more than 276,000 units on the bid at $40, Grace with bids at $50 and rising with very limited offers, Jamaica Broilers with god bids above $22 and limited offers, JMMB group with bids at $29 against limited offers, Scotia Group with strong bids around the $50 region and limited supply.
At the close on Thursday, 30 securities traded in the main and US dollar markets, up from 24 on Wednesday and resulted in 10 advancing, 12 declining and 8 remaining firm.

Market activity ended with 4,703,010 shares valued at $61,534,534 changing hands, up from 2,236,723 units valued at a mere $34,192,073 trading on Wednesday.
Carreras closed trading with 2,060,114 units or 43.80 percent of traded volume, followed by Jamaica Money Market Brokers 7.50% preference share closed with 1,315,000 units or 27.96 percent of the day’s volume and Sagicor Group ended with 341,597 units amounting to 7.26 of the day’s traded volume.
Stocks with major price changes are, Berger Paints rose 49 cents to $21, Caribbean Cement fell $2 to $40, Grace Kennedy lost $1 to end at $50, JMMB Group climbed $1.40 to end at $29, NCB Financial Group rose $1.74 and ended trading at $99.99, Sagicor Group rose 60 cents and settled at $39.10, Scotia Group dropped $1.47 in closing at $50.03, Seprod dived $5 to finish trading at $31, Sterling Investments climbed $4.20 to close at $12 and Supreme Ventures ended at $14.50, after falling 80 cents.

Trading resulted in an average of 180,885 units valued at an average of $2,366,328 for each security traded. In contrast to 101,669 units for an average of $1,554,185 on Wednesday. For the month to date 203,633 units traded with an average value of $6,596,529 and on the previous day 205,980 units traded with an average value of $7,083,190 on average. May closed with an average of 589,414 shares with a value of $16,532.367, for each security traded.
In the US dollar market, 448,195 units valued at US$62,443 traded with Proven Investments ended trading with 3,800 units and fell of 3 cents to 20 US cents, Sterling Investments rose 2.5 cents and ended trading at 11.5 US cents with 438,095 shares changing hands and in the US dollar preference sector, JMMB Group 5.25% closed with a loss of 25 cents at US$2 with 5,000 units trading and JMMB Group 6% closed at US$1 trading 1,300 units. The JSE USD Equities Index rose 0.50 points to close at 162.28.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and 4 closing with lower offers.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Berger Paints, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, NCB Financial, Proven Investments, Sagicor Group, Scotia Group, Seprod, Sterling Investments, Supreme Ventures, Trading Activity

Another record close for JSE – Wednesday

June 13, 2018 by IC Insider.com

Investors pushed the Jamaica Stock Exchange to yet another record close, when traded ended on Wednesday.
At the close the All Jamaican Composite Index rising 686.42 points to close at 336,693.61 and the JSE Index climbed 625.40 points to 306,765.91.
Market activities resulted in 24 securities trading, compared to 25 on Tuesday in the main and US dollar markets of which 11 advanced, 7 declined and 6 traded firm.
Stocks with major price changes are, Caribbean Cement with a rise of $2.50 to $42, Grace Kennedy rose $1 to end at $51, JMMB Group lost 65 cents to end at $27.60, Kingston Properties lost 65 cents to end at $5.35 and Sagicor Group lost 70 cents and closed at $38.50. Supreme Ventures traded at a new high of $16 and ended at a new record close of $15.30.
The volume of stocks trading on the main market declined sharply to 2,236,723 units valued at a mere $34,192,073, down sharply from 11,446,622 units valued at $579,818,518 on Tuesday. Wisynco Group traded just 1,080,201 units to be the only security trading over a million shares.
Trading resulted in an average of 101,669 units valued at an average of $1,554,185 compared to 497,679 units valued at an average of $25,209,501 for each security traded on Tuesday. For the month to date 205,980 units traded with an average value of $7,083,190 and on the previous day 215,958 units traded with an average value of $7,679,455 on average. May closed with an average of 589,414 shares with a value of $16,532.367, for each security traded.
In the US dollar market, 74,305 units valued at just US$42,963 traded with Proven Investments trading 45,525 units and gained of 3 cents to close at 23 US cents and in the US dollar preference sectors JMMB Group 6% closed at US$1 with 35,300 units. The JSE USD Equities Index rose 1.03 points to close at 161.78.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ended with bids higher than their last selling prices and 4 closing with lower offers.
For more details of market activities see – Trading falls on JSE main market – Wednesday.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Caribbean Cement, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, NCB Financial, Proven Investments, Sagicor Group, Supreme Ventures, Trading Activity, Wisynco Group

Trading falls on JSE main market – Wednesday

June 13, 2018 by IC Insider.com

The Jamaica Stock Exchange closed on Wednesday with modest volumes, but the market indices moved to new record close.
At the close of trading, the All Jamaican Composite Index rose 686.42 points to close at 336,693.61 and the JSE Index climbed 625.40 points to 306,765.91.
Just 22 securities traded on Wednesday, resulting in 10 advancing, 7 declining and 5 remaining firm resulted in 2,236,723 units valued at a mere $34,192,073 trading.
In market activity, Barita Investments closed at $12.05, with 1,730 shares trading, Berger Paints gained 51 cents and ended at $20.51, with 3,000 stock units changing hanCarreras concluded trading at $10.30, with 39,046 units, Caribbean Cement jumped $2.50 to finish at $42, with 23,000 shares, Ciboney Group settled at 12 cents, with 50,000 shares. Grace Kennedy rose $1, ending trading at $51, exchanging 26,789 shares, Jamaica Broilers rose 20 cents to $23, with 2,100 stock units, Jamaica Producers finished trading at $16.85, with 14,960 units, Jamaica Stock Exchange closed at $7.30, trading 43,660 shares. JMMB Group ended with a loss of 65 cents at $27.60, trading 358,700 shares, Kingston Properties dropped 65 cents and concluded trading at $5.35, with 2,400 shares, Kingston Wharves fell 50 cents and finished at $46, with 61,766 stock units, Mayberry Investments settled with a gain of 10 cents at $6.50, trading 2,090 units. NCB Financial Group rose 25 cents and ended trading at $98.25, with 20,462 shares, PanJam Investment closed with a fall of 5 cents at $51.45, exchanging just 200 stock units, Radio Jamaica eased just 1 cent and finished at $1.07, with 104,000 shares trading, Sagicor Group settled with a loss of 70 cents at $38.50, exchanging 21,654 shares. Sagicor Real Estate Fund added 1 cents and settled at $13.81, with 890 shares, Scotia Group rose 35 cents in trading 59,507 units to close at $51.50, Supreme Ventures ended 30 cents higher at a 52 weeks’ high of $15.30, with 9,314 shares, Victoria Mutual Investments rose 7 cents and concluded trading at $4.07, with 311,254 stock units and Wisynco Group lost 25 cents and finished trading at $9.75 with 1,080,201 units changing hands.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE moved higher on Tuesday.”

JSE climbs sharply to record close – Tuesday

June 12, 2018 by IC Insider.com

Investors pushed the Jamaica Stock Exchange o another record close on Tuesday with the All Jamaican Composite Index jumped 3,471.47 points to close at 336,007.19 and the JSE Index climbed 3,162.90 points to 306,140.51.
Market activities resulted in 25 securities trading, compared to 33 on Monday in the main and US dollar markets of which 10 advanced, 8 declined and 7 traded firm.
Stocks with major price changes are, Caribbean Cement with a fall of $1 to $39.50, Jamaica Broilers gaining $1.20 to $22.80, NCB Financial Group rising $1 to $98, Seprod rising $1 to $36 and Supreme Ventures climbing $1.50 to $15.
The volume of stocks trading on the main market jumped sharply to 11,446,622 units valued at $579,818,518 from 3,192,844 units valued at $66,838,582, on Monday as NCB Financial Group accounted for 5,014,800 units traded amounting to 43.81 percent of the total volume traded. Supreme Ventures closed trading with 20.25 percent of the day’s volume amounting to 2,317,772 units and Jamaica Broilers with 1,005,810 units or just 8.79 percent of the overall volume.
Trading resulted in an average of 497,679 units valued at an average of $25,209,501 for each security traded. In contrast to 106,428 units valued at an average of $2,227,953 on Monday. For the month to date 215,958 units traded with an average value of $7,679,455 and on the previous day 184,656 units traded with an average value of $5,451,880. May closed with an average of 589,414 shares with a value of $16,532.367, for each security traded.
In the US dollar market, 4,741 units valued at just US$1,039 traded as Margaritaville closed with a loss of 0.05 cent at 19.95 US cents with 4,500 units and Productivity Business settling with a loss of 0.04 cent at 58.5 US cents trading 241 shares. The JSE USD Equities Index dropped 5.76 points to close at 160.75.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ended with bids higher than their last selling prices and 6 closing with lower offers.
For more details of market activities see – NCB pushes JSE trading volume on Tuesday.