
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.

Market activities in the main and US dollar markets resulted in 30 securities trading of which 9 advanced, 13 declined and 8 traded firm, compared to 30 securities trading on Thursday.
Stocks with major price changes are, Berger Paints with a rise of 90 cents to $22, Grace Kennedy rising by 89 cents to a record $53, JMMB Group fell 20 cents to $27.80 and Seprod climbing $3.50 to $35.
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.
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.
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.
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.
Investors pushed the Jamaica Stock Exchange to yet another record close, when traded ended on Wednesday.
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.
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.
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.
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.
Investors moved the Jamaica Stock Exchange higher on Monday with the All Jamaican Composite Index climbed 1,040.26 points to close at 332,535.72 and the JSE Index advanced by 947.79 points to 302,977.61.
The main trades were, Sagicor Group with 1,023,740 units 32.06 percent followed by Wisynco Group with 907,325 units and acoounti9ng for 28.42 percent of the total shares traded and JMMB Group with 7.50% preference shares trading with 424,000 units 13.28 percent of the day’s trade.
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In contrast to 182,690 units for an average of $3,932,069 on Wednesday. For the month to date 217,527 units traded with an average value of $6,588,540 and on the previous day 158,650 units valued at 3,992,107 on average. May closed with an average of 589,414 shares with a value of $16,532.367, for each security traded.
The volume of stocks trading on the Jamaica Stock Exchange dropped to 4,603,241 units valued at $166,353,769, well down from 170,209,058 units on Thursday valued at $3,113,335,699.
Trading resulted in an average of 200,141 units valued at an average of $7,232,773 for each security traded, in contrast to 7,092,044 units for an average of $129,722,321 on Thursday. May closed with an average of 589,414 shares with a value of $16,532.367, for each security traded.