
New record high for the JSE main market.
The Jamaica Stock Exchange main market ended its ninth consecutive day with another record close on Wednesday, even as advancing stocks were outdone by losers.
The JSE All Jamaican Composite Index jumped 3,093.87 points to a new record close of 480,412.05 and the JSE Index climbed by 2,811.51 points to a record 437,557.08.
At the close of market activity, on the main and US markets, the prices of 7 securities advanced, 9 declined and 17 traded firm as a total of 33 securities traded compared to 35 on Tuesday. Market activity ended with 27,861,999 units valued $644,155,189, in contrast to 30,804,536 units valued at $160,506,295 on Tuesday.
Wigton Windfarm that continues to dominate trading since listing in late May and closed with 20 million shares and 72 percent of total trades, followed by NCB Financial Group with 3.15 million and 11 percent of the day’s trades and Wisynco with just over 1.22 million units for 4 percent of volume traded.
The market closed with average of 870,687 units valued at over $20,129,850, in contrast to 993,695 shares valued at $5,177,622 on Tuesday. The average volume and value for the month to date amounts to 967,234 shares, with a value of $11,026,454, compared to 1,014,765 units valued $6,544,783 previously. May closed with average of 2,248,261 units at an average of $12,751,529 for each security traded.
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 2 with lower offers.
At the close of the market, Jamaica Producers added 86 cents to close at $26.01, with 148,662 shares trading, JMMB Group climbed 61 cents and concluded trading with 88,201 shares at $39.61, NCB Financial Group finished trading 3,145,079 shares at a record closing high of $170, after rising $2, PanJam Investment concluded trading with 10,649 shares and rose 60 cents to end at $96. Scotia Group traded 184,156 units and lost 50 cents, to close at $51, Seprod fell 75 cents to end at $49.20, in trading 46,911 shares and Supreme Ventures lost 50 cents and settled at $30.50, with 815,089 shares trading.
Trading in the US securities market resulted in 154,621 units valued at over $41,350 changing hands. Market activity ended with Proven Investments closing with 154,621 units with a rise of 1 cent to 27 US cents. The JSE USD Equities Index advanced by 2.79 points to close at 194.43.
The Jamaica Stock Exchange chalked up its eighth consecutive record close on Tuesday as advancing stocks out did losers almost three to one.
Mayberry Jamaican Equities exchanged 47,989 shares after rising 65 cents to close at $12.35, NCB Financial Group finished trading 22,975 shares at a record closing high of $168, after rising $1, PanJam Investment concluded trading with 2,154 shares but lost 60 cents to end at $95.50. Sagicor Group traded 299,516 units and gained 30 cents to close at $48.50, Seprod climbed $1.95 to end at $49.95, in trading 125,881 shares and Supreme Ventures gained $1 and settled at $31, with 655,299 shares trading.

PanJam Investment concluded trading with 273,876 shares and rose 50 cents to end at $96.10, Sagicor Group traded 268,818 units and declined by $1.80 to close at $48.20, Seprod gained 55 cents to end at $48, in trading 53,347 shares. Sterling Investments lost 43 cents to close at $3.22, with 200 units crossing the exchange and Supreme Ventures dropped $1.86 and settled at $30, with 655,299 shares trading.
Proven Investments rose $1 to close at $35 with an exchange of 4,770 shares, Salada Foods added $5.25 and ended trading at $35.25, with an exchange of a mere 100 stock units. Scotia Group declined by 50 cents to close at $51.50, with 21,344 shares changing hands, Seprod fell 55 cents, trading 18,546 shares to close at $47.45 and Supreme Ventures finished with a rise of 36 cents to close at $31.86, with an exchange of 59,411 units.
Kingston Wharves settled at $70, with 3,899 units trading after gaining by $1, NCB Financial Group lost $2 trading 416,899 shares to end at $161. PanJam Investment dropped $1.40 and ended at $95.50, with 18,515 units trading, Pulse Investments finished at $2.55, with 45,001 shares, Proven Investments rose 50 cents to close at $34 with an exchange of 300 shares, Sagicor Group added $1.48 and ended trading at $49.98, with an exchange of 470,884 stock units and Seprod added $2.05 in trading 123,705 shares to close at $48.
Salada Foods dropped $4.65 to $31 in trading 9,982 stock units. Scotia Group gained 60 cents to close at $52, with 94,766 shares trading, Seprod added $1.95 in trading 60,251 shares to close at $45.95 and Stanley Motta gained 30 cents and ended at $5 trading 16,52 shares.
Trading for April resulted in an average of 157,923 shares at $3,718,919, for each security traded.
trading at $48.01, with an exchange of 271,975 stock units, Salada Foods surged $5.65 to $35.65 in trading 565 stock units. Scotia Group shed $1.60 to $51.40, with 162,037 shares trading, Seprod added $1 trading 15,149 shares to close at $44, Stanley Motta fell 30 cents and ended at $4.70 trading 17,800 shares and Supreme Ventures rose 50 cents to finish at $31.50, with 103,297 units changing hands.

Sagicor Group rose 50 cents and ended trading at $48.50, with an exchange of 2,950,094 stock units, Sagicor Real Estate Fund lost 50 cents trading 3,500 shares at $9.50. Salada Foods declined $2 to $30 in trading 1,000 stock units. Scotia Group climbed $2.50 to $53, with 271,656 shares trading, Seprod shed $1.30 trading 315,880 shares to close at $43, Stanley Motta lost 30 cents and ended at $5 trading 30,000 shares and Supreme Ventures lost 75 cents to finish at $31, with 44,425 units changing hands.
The average volume and value for the month to date amounts 1,135,538 to units valued $12,389,326 and previously, 275,231 units valued $11,357,912. Trading for April resulted in an average of 157,923 shares at $3,718,919, for each security traded.
72,635, Kingston Wharves traded 2,328 shares but lost $2 to close at $68, shares changing hands. Mayberry Investments gained 45 cents and ended trading of 5,467 shares at $9, Mayberry Jamaican Equities rose 50 cents and ended trading of 94,800 shares at $11.50, NCB Financial Group jumped $5.75 trading 214,535 shares at $153. PanJam Investment dropped $4 with 4,199,150 shares changing hands, to close at $90, Salada Foods rose $2 to end at $32 in trading 2,000 stock units, Scotia Group climbed 50 cents to $50.50, with 39,401 shares trading and Seprod shed 70 cents trading 315,880 shares to close at $44.30.
The average volume and value for the month to date amounts to 275,231 units valued $11,357,912 and previously, 265,920 units valued $11,582,843. Trading for April resulted in an average of 157,923 shares at $3,718,919, for each security traded.
PanJam Investment dropped $3.50 with 2,838,006 shares changing hands, to close at $94,