Trading on the Main Market of the Jamaica Stock Exchange on Monday ended with the JSE All Jamaican Composite Index dropping 1,847.64 points to 314,455.19 and the JSE Index falling by 1,683.41 points to 286,504.23 as 10 stocks advanced, 12 declined and 5 traded firm.
Market activity ended with 7,415,575 units valued at $202,124,322 trading from 28 securities changing hands, compared to 8,660,030 units valued at $83,892,685 from 27 securities on Friday.
Trading ended with an average of 264,842 units for an average of $7,218,726 in contrast to 320,742 units for an average of $3,107,136 on Friday. The average volume and value for the month to date amounts to 417,253 units valued at $14,616,592 and previously 457,513 units valued at $12,985,543. December closed with average of 686,156 units valued at an average of $8,654,832 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 6 stocks ended with bids higher than their last selling prices and 5 with lower offers.
Trading in the US dollar market ended with JMMB Group 6% preference share exchanging 700 units with a rise of 5 cents to close at US$1.17 with a value of US$819. The JSE US Equities Index closed unchanged at 175.18.
The major movers at the close of the market are, NCB Financial Group closed at $99, with 1,500,810 shares trading ahead of an announcement by the end of the week that they have acquired the majority of shares in Guardian Holdings. Victoria Mutual Investments, closed trading with 2.4 million shares with the price ending $4 and recently listed Wisynco, traded 2.7 million shares closing at $10.39. Caribbean Cement jumped $1.62 to $33.62, Kingston Wharves lost 99 cents to $33, Mayberry Investments climbed 69 cents to $6.79, PanJam Investment lost $2 to close at $40, Scotia Group gained $1 to $53 and Seprod fell $1 to end at $30.
For more details of market activities see – New listings dominate trading – Monday.
Trading ended with an average of 320,742 units for an average of $3,107,136 in contrast to 802,210 units for an average of $45,769,816 on Thursday. The average volume and value for the month to date amounts to 457,513 units valued at $12,985,543 and previously 504,258 with a value of $16,361,708. December closed with average of 686,156 units valued at an average of $8,654,832 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and 3 with lower offers.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and 3 with lower offers.
The major movers at the close of the market are, recent listed Wisynco traded 5.55 million shares and closed at $12.50. JMMB Group lost $1 to $24, NCB Financial fell $1 to $99, Sagicor Group dropped $2.70 to $35.30, Sagicor X Fund fell $1 to $14, Seprod gained $1 to $31 and Supreme Ventures ended with a loss of $1.49 at $10.01. Cable & Wireless traded 1.8 million shares cents to end at $1.39 in response to news that the majority owners were making an offer of $1.45 for the minority shares.
Trading on the Jamaica Stock Exchange ended with the All Jamaican Composite Index jumping 4,310.37 points to close at 316,516.11 for a gain of 50.6 percent for the year and the JSE Index advancing by 3,927.24 points to 288,381.97 ending 2017 with a rise of 50 percent.
Trading ended with an average of 392,700 units for an average of $4,819,591 in contrast to 211,302 units for an average of $3,166,567 on Thursday. The average volume and value for the month to date amounts to 686,156 units valued at an average of $8,654,832 and previously 701,126 units valued at an average of $8,851,977. In contrast, November closed with average of 349,084 units at an average of $5,801,440 for each security traded.
Trading ended with the All Jamaican Composite Index surging 4,310.37 points to 316,516.11 for a gain of 50.6 percent for the year and the JSE Index jumping by 3,927.24 points to 288,381.97, ending 2017 with a rise of 50 percent versus 22 securities trading on Thursday.
Radio Jamaica settled at $1.05, with 185,174 shares, Sagicor Group ended trading 1 cent higher at $38, with 136,913 stock units, Sagicor Real Estate Fund traded at $15, with 8,817 units, Salada Foods finished trading with a loss of 25 cents at $11.25, with 32,049 shares. Scotia Group closed $3.75 higher at $53.85, with 76,440 shares, Sterling Investments gained $1 and closed at $13, with 7,470 shares, Supreme Ventures ended trading at $11.50, with 515,544 stock units and Wisynco Group traded $1.90 higher to end at a closing record high of $11.99, with 5,090,376 units. In the main market preference segment, Jamaica Money Market Brokers 7.5% traded 550,000 units at $1.90, JMMB Group 7.5% traded 94,000 units at $1.15 and Proven Investments 8.25% ended with 1,227 units trading at $5.90.
Proven Investments US ordinary share losing 1 US cent with 3,653 units changing hands at 19 US cents, the total value of trading amounted to US$7,948 with the JSE USD Equities Index closing 6.11 points lower at 159.33.
