Wigton Windfarm closed trading on the Jamaica Stock Exchange on Friday at 83 cents after trading 473 million shares and NCB Group closed at $153 to help push the main market indices to tenth record close for 2019.
At the end of trading, the JSE All Jamaican Composite Index jumped 4,339.37 points to a record close of 458,665.39 and the JSE Index climbed 3,943.35 points to a new record of 417,795.08.
The market ended with, trading 480,565,591 units valued $877,072,543, well up from 13,075,782 units valued $311,199,908 changing hands, on Wednesday.
Wigton Windfarm led trading with 472.8 million shares accounting for 98 percent of total main market volume, followed by PanJam Investment with 4.2 million units and 0.9 percent of the day’s trades and Wisynco Group with 570,953 units for just 0.12 percent of volume traded.
Trading ended with an average of 16,018,853 units valued at $29,235,751, in contrast to 421,799 units valued at $10,038,707 on Wednesday. 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.
At the close market activity, the main and US markets traded 31 securities, compared to 35 on Friday leading to 12 advancing, 11 declining and 8 closing unchanged.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with a weak signal for the coming day with 6 stocks ending with bids higher than their last selling prices and 4 closing with lower offers.
In main market activity, Barita Investments gained $1.50 in closing at $45.50, trading 277,818 shares, Berger Paints lost 49 cents and ended at $18, with an exchange of 750 stock units,. Jamaica Broilers declined $1.90 to $31.10 with 3,033 shares trading, Jamaica Producers rose $1.50 to close at $25, in trading 4,000 shares, Jamaica Stock Exchange added 76 cents to end at $19.76, with 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.
Trading in the US dollar market ended with 4,110 units valued at US$1,110 as Proven Investments was the sole stock trading to close at 27 US cents with an exchange of 4,100 shares. The JSE USD Equities Index remained unchanged to close at 194.26.
Wigton adds to JSE main market record
May 24, 2019 by IC Insider.com
Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Barita Investments, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Kingston Wharves, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Proven Investments, Sagicor Group, Sagicor Real Estate Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Victoria Mutual Investments, Wisynco Group
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