Stocks ended trading on the Jamaica Stock Exchange with the main market closing with a gain of 11 percent year to date, the market indices dropped more than 1,293 points. The market closed with 38 securities trading as the prices of 16 gained while 11 declined in the overall market, including 4 stocks rising and 5 falling, in the junior market.
At the close, the all Jamaica Composite Index dropped 1,446.17 points to end at a new closing high of 186,051.83, the JSE Market Index dived 1,293.13 points to a record close of 167,405.20 and the JSE combined index fell 1,406.74 points, to end at record high of 179,846.66, up 15 percent for the year to date.
At the close 19,800,887 units valued at $274,090,977 changed hands, compared to 10,379,971 units valued at $217,529,448 changing hands on Tuesday. The junior market accounted for 9,170,473 units valued at $51,520,805 of the stocks traded.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 8 stocks with bids higher than their last selling prices and 3 with a lower offer.
In market activity, Barita Investments gained 14 cents in trading 23,600 shares at $4.54, Berger Paints traded 61,363 shares and lost 5 cents to close at $5.65 after trading at an intraday high of $6.25, Cable & Wireless closed at 98 cents with 296,835 units trading, Caribbean Cement traded 25,726 shares to close at $33. Carreras had 742,353 shares changing hands at $65.99 after slipping 1 cent, trading in 1834 Investments ended with 5,836 shares changing hands to close at $1.20, Grace Kennedy lost 1 cent and closed with 470,573 shares changing hands at $41.98, Jamaica Broilers traded 1,117,335 units but rose 10 cents to close at $14.41. Jamaica Producers ended with 1,730 shares changing hands to close at $8.25, Jamaica Stock Exchange gained 70 cents and ended at $28 while trading 27,486 shares, JMMB Group shed 2 cents in trading 1,106,992 units to close at $14.98, Kingston Properties rose 6 cents in trading 664,191 shares to close at $9.06. 
Kingston Wharves lost 45 cents in trading 22,970 shares to close at $17.50, Mayberry Investments traded 3,943 shares to close with a gain 10 cents at $3.50, National Commercial Bank traded 728,535 shares and gained 25 cents to end at $42.40, Pan Jamaican Investments rose 30 cents to close at $23.30 after trading 421,985 shares. Portland JSX traded 3,334,455 units with the price rising by 9 cents to end at $11.06, Sagicor Group gained 15 cents in trading 178,182 shares to end at $24, Scotia Group gained 19 cents to close at $30.20 with 486,698 shares changing hands. Scotia Investments had 476,900 units changing hands to close at $30, Seprod traded 12,010 shares to close at $23.50, Supreme Ventures lost 1 cent and closed at $4.79 with 45,090 shares changing. Proven Investments closed at 20 US cents with 20,300 shares trading and Jamaica Money Market Brokers 7.5% preference share gained 1 cent in trading 355,130 units at $2.10.
Majors close at another record high – Tuesday
Berger Paints traded at a 52 weeks’ high on Tuesday
At the close, the all Jamaica Composite Index surged 1,083.59 points to end at a new closing high of 187,498.00, the JSE Market Index climbed 968.92 points to a record close of 168,698.33 and the JSE combined index rose 248.82 points, to end at record high of 181,253.40, up 15 percent for the year to date.
At the close 10,379,971 units valued at $217,529,448 changed hands, compared to 1,637,080 units valued at $21,412,158 changing hands on Monday. The junior market accounted for 1,107,820 units valued at $$8,452,329 of the stocks traded.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 12 stocks with bids higher than their last selling prices and 1 with a lower offer.In market activity, Berger Paints traded 12,700 shares and rose 10 cents to close at a 52 weeks’ high of $5.70, Cable & Wireless closed at 98 cents with 132,932 units trading, Caribbean Cement traded 19,863 shares to close at $33. Carreras had 2,075 shares changing hands at $66, trading in 1834 Investments ended with 42,354 shares changing hands to close with a loss of 3 cents at $1.20, Grace Kennedy lost 46 cents and closed with 140,739 shares changing hands at $41.99, Jamaica Broilers traded 69,950 units but lost 45 cents to close at $14.31. Jamaica Producers lost 15 cents and ended with 9,464 shares changing hands to close at $8.25, Jamaica Stock Exchange fell 71 cents and ended at $27.30 while trading 3,435 shares,
JMMB Group dropped 50 cents in trading 165,027 units to close at $15, Kingston Wharves traded 900 shares to close at $17.50. Mayberry Investments traded 16,900 shares to close with a loss of 20 cents at $3.40, National Commercial Bank traded 9,273 shares and lost 15 cents to end at $42.15, Pan Jamaican Investments lost 30 cents to close at $23 after trading 880 shares. Radio Jamaica fell 10 cents in trading 184,584 shares to close at $1.45, Sagicor Group gained 15 cents in trading 7,146,264 shares to end at $24, Sagicor Real Estate Fund traded 14,041 shares to close at $10.18, Scotia Group dropped 49 cents to close at $30.01 with 635,978 shares changing hands. Scotia Investments had 3,000 units changing hands to close at $30, with a gain of $3, Seprod traded 14,003 shares to close with a gain of 90 cents at a 52 weeks’ high of $23.50. Proven Investments closed at 19.99 US cents with 176,589 shares trading, JMMB Group 7.50% preference share traded 442,000 units at $1.10 and Jamaica Money Market Brokers 7.25% preference share traded 20,000 units at $2.40.
Majors suffers moderate fall – Monday
JMMB Group closed at a 52 weeks’ high of $15.51on Monday.
At the close, the all Jamaica Composite Index fell 429.66 points to close at 186,414.41, the JSE Market Index declined 384.20 points to a record close of 167,729.41 and the JSE combined index dropped 74.87 points, to end at 181,004.58.
At the close 1,637,080 units valued at $21,412,158 changed hands, compared to 2,319,114 units valued at $26,904,029 changing hands on Friday. The junior market accounted for 499,330 units valued at $2,265,060 of the stocks traded.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 15 stocks with bids higher than their last selling prices and 3 with lower offers.In market activity, Barita Investments traded 20,600 shares and rose 35 cents to close at $4.40, Cable & Wireless gained 7 cents to close at 98 cents with 58,513 units trading, Caribbean Cement climbed $1.90 in trading 5,200 shares to close at $33. Carreras had 4,395 shares changing hands at $66, trading in 1834 Investments ended with 27,024 shares changing hands to close at $1.23, Grace Kennedy rose 45 cents and closed with 143,248 shares changing hands at $42.45, Jamaica Broilers traded 20,840 units but lost 24 cents to close at $14.76. Jamaica Producers ended with 38,606 shares changing hands to close at $8.40, Jamaica Stock Exchange fell 48 cents and ended at $28.01 while trading 4,000 shares,
JMMB Group jumped 99 cents in trading 177,324 units to close at 52 weeks’ high of $15.51, Kingston Wharves traded 1,585 shares to close at $17.50. Mayberry Investments traded 200,000 shares to close at $3.60, National Commercial Bank traded 400 shares and rose 5 cents to end at $42.30, Pan Jamaican Investments lost 10 cents to close at $23.30 after trading 2,600 shares. Radio Jamaica fell 15 cents in trading 71,572 shares to close at $1.55, Sagicor Group traded 3,000 shares to end at $23.85, Sagicor Real Estate Fund traded 12,981 shares to close at $10.18, Scotia Group dropped $1.69 to close at $30.50 with 17,118 shares changing hands. Scotia Investments had 62,948 units changing hands to close at $30, with a gain of $3, Supreme Ventures traded 101,166 shares to close with a loss of 10 cents at $4.70 and Proven Investments closed at 19.99 US cents with 155,700 shares trading.
Declining stocks hold upper hand – Thursday
The Jamaica Stock Exchange made some modest gains on Thursday with trading closed with 44 securities trading as the prices of 12 gained while 14 declined in the overall market, including 4 stocks rising and 4 falling, in the junior market.
At the close 6,736,290 units valued at $26,904,029, changed hands, compared to 4,936,602 units valued at $80,553,639 changing hands on Wednesday. The junior market accounted for 1,753,530 units valued at $7,158,594 of the stocks traded.
At the close, the JSE Market Index rose 155.60 points to end at 166,601.28. The all Jamaica Composite Index close higher by 174.02 points to close at 185,152.77 and the JSE combined index rose 254.44 points, to end at 179,602.60.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 10 stocks with bids higher than their last selling prices and 3 with lower offers. 
In market activity, Barita Investments traded 203,167 shares and gained 49 cents and close at $4.59, but with a small amount trading at the closing price and with the average price at $4.01, Cable & Wireless gained 6 cents to close at 96 cents with 170,464 units trading, Caribbean Cement rose 20 cents in trading 6,992 shares to close at $30.70. Carreras gained 3 cents with 918 shares changing hands at $65.03, trading in 1834 Investments ended with 24,000 shares changing hands to close at $1.24, Grace Kennedy closed with 69,734 shares changing hands at $42 after falling 45 cents, Jamaica Producers ended with 991 shares changing hands to close at $8.40. Jamaica Stock Exchange lost 40 cents and ended at $27 while trading 31,435 shares, JMMB Group climbed 54 cents in trading 111,604 units to close at a 52 weeks’ high of $14.55,
Kingston Properties lost 12 cents in closing at $9 with 14,000 shares changing hands, Kingston Wharves lost 45 cents in trading 26,495 shares to close at $17.05. Mayberry Investments traded 8,619 shares to close with a loss of 20 cents at $3.50, National Commercial Bank traded 7,764 shares and declined 40 cents to end at $41.60, Pan Jamaican Investments gained 10 cents and closed at $23.50 after trading 7,800 shares. Portland JSX traded 6,435 shares and fell 30 cents to $11. Radio Jamaica lost 5 cents in trading 101,020 shares to close at $1.65, Sagicor Group traded 56,722 shares and rose by 4 cents to end at $23.85, Scotia Group closed at $30.01 with 173,539 shares changing hands. Scotia Investments had 2,000 units changing hands to close at $30, Supreme Ventures closed at $4.80 with 49,928 shares, JMMB Group 7.50% preference share traded 3,426,600 units after falling 9 cents to end at $1.10 and Jamaica Money Market Brokers 7.50% preference share traded 473,670 units at $2.10.
Advancing stocks shine – Wednesday
JMMB Group closed at a 52 weeks’ high on Wednesday.
At the close 4,936,602 units valued at $80,553,639, changed hands, compared to 1,458,426 units valued at just $21,510,810 changing hands on Tuesday. The junior market accounted for 1,995,508 units valued at $10,428,547 of the stocks traded.
At the close, the JSE Market Index lost 619.07 points to end at 166,445.68.
The all Jamaica Composite Index fell 692.34 points to close at 184,978.75 and the JSE combined index slipped 28.68 points, to end at 179,348.16.IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 12 stocks with bids higher than their last selling prices and 2 with lower offers.
In market activity, Berger Paints traded 49,851 shares and gained 10 cents to close at a 52 weeks’ high of $5.60, Cable & Wireless gained 3 cents to close at 90 cents with 18,516 units trading, Caribbean Cement rose 50 cents in trading 201,487 shares to close at $30.50, Carreras dropped $1 with 74,889 shares changing hands at $65. Trading in 1834 Investments ended with 31,636 shares changing hands to close at $1.24, Grace Kennedy closed with 11,459 shares changing hands at $42.45 after falling 5 cents, Jamaica Producers ended with 40,200 shares changing hands as the price gained 30 cents to close at $8.40. JMMB Group climbed $1.01 in trading 91,100 units to close at a 52 weeks’ high of $14.01, Mayberry Investments traded 973,100 shares to close at $3.70,
National Commercial Bank traded 892,203 shares and declined 10 cents to end at $42, Pan Jamaican Investments lost 55 cents and closed at $23.40 after trading 11,215 shares. Radio Jamaica gained 30 cents in trading 52,835 shares to close at $1.70, Sagicor Group traded 6,291 shares and ended at $23.81, Sagicor Real Estate Fund traded 10,769 shares but fell 13 cents to close at $10.12, Scotia Group dropped $1.49 and closed at $30.01 with 4,228 shares changing hands. Scotia Investments jumped $3.50 with 11,920 units changing hands to close at $30, Proven Investments traded 49,063 shares at 20 US cents, Jamaica Money Market Brokers 7.50% preference share traded 388,250 units at $2.10 after falling 3 cents and Jamaica Public Service 9.5% preference share traded 9,675 units at $1,247 each.
BUY RATED Jetcon & Paramount jump 52%
Paramount Trading gained 52% in September and is up 622% since BUY RATED.
Jetcon Corporation and Paramount Trading were the top performing BUY RATED stocks in September, jumping 52% in the month, followed by Medical Disposables up by 39 percent. In the main market, Barita Investments with a gain of 35 percent leads the majors.
JMMB Group is the second best main market performer with a rise of 31 percent, following IC Insider listing the stock as one of the Top 5 selection on September 9 and recent announcement of it getting a commercial banking license.
Berger Paints is now IC Insider’s BUY RATED listed, with the company benefiting from an improving environment that will keep cost down and encourage increased revenues and profit. IC Insider’s forecast is for earnings of $1 per share for the current year ending March 2017. For the full year to March 2016, revenues grew by 11 percent and material cost input fell as a percentage of sales to 46 percent versus 48 percent in 2015 while profit climbed 82 percent from 31 cents per share to 57 cents.
Performance to date. Jamaica Stock Exchange with gains of 1,250 percent since entering the BUY RATED list, is the top performing stock, followed by Caribbean Cement with gains of 1,067 percent. JSE will be splitting the stock into 5 shares and that could move the price up a bit in the short term, buying at these levels could be risky in the short term, not so for Caribbean Cement, that could easily double in a few months. The next highest main market selection is Jamaica Broilers Group with 186 percent gain and is now expected to market perform. Sagicor Group gained 163 percent and seems heading higher with no supply to sell now visible in the market that now has just one offer to sell.
For top all round gains, the junior market that is up 33.4 percent in 2016 to date is the place to have been, with 15 of the 18 selections gaining over 100 percent and one with 77 percent.
The top performer is Caribbean Cream with gains of 793 percent overall and 28 percent in September and seems heading higher with $15 seems a likely target over the next few months. Paramount Trading gained 622 percent, with expansion taking place and a stock split to be approved at the October AGM, there is much more room for growth. AMG Packaging is up 472 percent and will head higher with expansion into tissue paper production. The company is adding more brands to its tissue operations and plans on adding more tissue production machines as well upgrading carton box machines, to improve efficiency. In the junior market, recent additions ISP Finance and Jetcon have gained 166 percent and 100 percent respectively, both have room for more growth. Knutsford Express Hold rating, has been lifted with prospects of long-term growth baked into its profit performance.Prices are consolidating on the Trinidad & Tobago Market with few compelling buys currently.
Jamaican stocks at all-time high – Thursday
Stocks on the main market of the Jamaica Stock Exchange rose with sizable gains at the close of trading on Thursday. Prices in the overall closed at a new record high, as the JSE combined index surged to a new high for 2016 as advancing stocks overpowered declining ones 3 to 1.
Trading ended with the prices of 13 securities gaining out of a total of 29 trading, while 4 declined in the overall market, including 3 stocks rising and 5 falling, in the junior market.
At the close 3,849,357 units valued at $41,532,118, changed hands, compared to the 3,098,446 units valued at $40,569,011 changing hands on Wednesday. The junior market accounted for 759,344 units valued at $3,870,697 of the stocks traded.
At the close, the JSE Market Index climbed 943.55 points to end at 164,054.64. The all Jamaica Composite Index rose 1,055.21 points to close at 182,304.75 and the JSE combined index climbed 952.95 points, to end at 176,529.46 for a new record high, surpassing the record reached in February.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading show a sharp rise to 22 stocks with bids higher than their last selling prices and 6 with lower offers.
In market activity, Berger Paints closed at $5.15 with 1,019 units changing hands, Cable & Wireless fell 1 cent and closed at 89 cents with 95,807 units changing hands, Caribbean Cement rose 81 cents in trading 2,000 shares to close at $29.20, Carreras exchanged 8,597 shares at $65.85. Trading in 1834 Investments ended with 43,451 shares changing hands 2 cents higher at $1.24, Grace Kennedy closed with 2,265 shares changing hands at $42.50, 
Jamaica Broilers had 19,210 shares changing hands to end at $14.60 after rising 5 cents, Jamaica Producers closed at $8.40 with 1,349 units trading. Jamaica Stock Exchange ended at $28 with 7,839 units trading, JMMB Group climbed 60 cents in trading 1,239,331 units to close at $11.50, Sagicor Group declined by 20 cents in trading 391,564 shares to close at $23.80, Sagicor Real Estate Fund traded 114,328 shares to close with at $10.20. Scotia Group climbed $1.70 and closed at $32 with 10,731 shares changing hands, Seprod rose 10 cents in trading 129,305 shares to end at $22, Supreme Ventures rose 5 cents to close at $4.65 with 12,000 shares. Proven Investments traded 9,700 ordinary shares to close at 20 US cents after gaining 1.5 cents.
JSE majors jump on Wednesday
Stocks on the main market of the Jamaica Stock Exchange rose with sizable gains at the close of trading on Wednesday with four digit gains in the main indices as over advancing stocks gained the upper hand at the close.
Trading ended with the prices of 13 securities gained out of a total of 41 trading, while 9 declined in the overall market, including 3 stocks rising and 5 falling, in the junior market.
At the close 3,098,446 units valued at $40,569,011, changed hands, compared to the 3,375,381 units valued at $114,125,679 changing hands on Tuesday. The junior market accounted for 759,344 units valued at $3,870,697 of the stocks traded.
At the close, the JSE Market Index garnered 1,178.43 points to end at 163,111.09. The all Jamaica Composite Index rose 1,317.90 points to close at 181,249.54 and the JSE combined index climbed 1,138.30 points, to end at 175,576.51.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 15 stocks with bids higher than their last selling prices and 3 with lower offers.
In market activity, Berger Paints gained 4 cents to close at $5.15 with 500 units changing hands, Cable & Wireless closed at 90 with 197,033 units changing hands, Caribbean Cement dropped 30 cents in trading 33,165 shares to close at $29.20, Carreras exchanged 46,014 shares at $65.85 to gain 85 cents. 1834 Investments traded 207,766 shares at $1.22, Grace Kennedy rose 50 cents and closed with 152,808 shares changing hands at $42.50, Jamaica Broilers had 19,108 shares changing hands to end at $14.55, Jamaica Producers closed at $8.40 with 41,793 units trading. Jamaica Stock Exchange ended at $28 with 3,600 units trading, JMMB Group traded 32,634 units to close at $10.90, 
Margaritaville Turks traded 120,000 shares to close at 23.5 US cents after gaining 0.50 cent, Mayberry Investments traded 28,428 but fell 15 cents in closing at $3.70, National Commercial Bank rose 80 cents to $41 with 15,162 shares changing hands. Pan Jamaican Investment traded 84,575 shares to close $23.50 after rising 19 cents, Sagicor Group rose 30 cents in trading 220,817 shares to close at $24, Sagicor Real Estate Fund traded 8,000 shares to close with at $10.20, Scotia Group climbed $1.30 and closed at $30.30 with 10,100 shares changing hands. Scotia Investments closed at $26 with 8,800 shares changing hands, Supreme Ventures lost 20 cents to close at $4.60 with 22,100 shares. Proven Investments traded 468,600 ordinary shares to close at 18.5 US cents after declining by 0.49 cents, JMMB Group 7.50% preference share traded 100,000 units at $1.10 and Jamaica Money Market Brokers 7.50% preference share traded 482,849 units at $2.13.
JSE majors retreat on Tuesday
Scotia Group dropped by $1 on the JSE on Tuesday.
At the close of the market, prices of 12 securities gained out of a total of 38 trading, while 15 declined in the overall market, including 7 stocks rising and 4 falling, in the junior market.
Caribbean Cement was the star performer with a dive of $4.40 to close at $29.50 during the day and closed with 67,176 shares changing hands while Carreras exchanged 1,349,963 shares at $65 with a loss of 25 cents.
At the close 3,375,381 units valued at $114,125,679, changed hands, compared to the 3,502,355 units valued at $25,804,167 changing hands on Monday. The junior market accounted for 494,666 units valued at $2,264,166 of the stocks traded.
The market index ended with sizable losses, with the JSE Market Index all Jamaica Composite Index dropping 1,595.99 points to close at 179,931.64 and the JSE combined index falling 1,108.42 points, to end at 174,438.21.IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 14 stocks with bids higher than their last selling prices and 2 with lower offers.
In market activity, Cable & Wireless fell 5 cents and closed at 90 with 42,413 units changing hands. Grace Kennedy fell 50 cents and closed with 16,908 shares changing hands at $42, Jamaica Broilers had just 2,130 shares changing hands and dropped 95 cents to end at $14.55. Jamaica Stock Exchange ended at $28 with 14,727 units trading, JMMB Group traded 4,808 units and rose 60 cents to close at $10.90,
Margaritaville Turks traded 48,100 shares to close at 23 US cents after easing by 1 cent, National Commercial Bank fell 5 cents to $40.20 with 19,860 shares changing hands. Pan Jamaican Investment traded 19,860 shares to close $23.31 after falling 68 cents, 138 Student Living ordinary share traded at $4.80 while with 512,500 shares changing hands, Portland JSX closed at $11 after trading 24,700 shares, Radio Jamaica traded 95,519 shares and lost 9 cents to land at $1.31. Sagicor Group rose 19 cents in trading 602,900 shares to close at $23.51, Sagicor Real Estate Fund traded 49,223 shares to close with at $10.20, Scotia Group lost $1 and closed at $29 with 40,289 shares changing hands and Supreme Ventures lost 5 cents to close at $4.80 with 14,000 shares
JSE resumes rally – Monday
Carib Cement jumped $3.90 to end at $33.90 on Monday.
At the close of the market, prices of 19 securities gained out of a total of 40 trading, while 8 declined in the overall market, including 7 stocks rising and 5 falling, in the junior market.
Caribbean Cement was the star performer with a jump of $3.90 to close at $33.90 during the day, but closed with 19,780 shares traded and JPSCo 7% preference share traded at a new high of 45 cents with a gain of 4 cents with just 1,278 shares changing hands.
At the close 3,502,355 units valued at $25,804,167, changed hands, compared to the 3,969,447 units valued at $48,456,543 changing hands on Tuesday. The junior market accounted for 1,873,272 units valued at $10,709,100 of the stocks traded.
The market index ended with moderate losses, the JSE Market Index rose 1,135.08 points to end at 163,359.75. The all Jamaica Composite Index climbed 1,269.42 points to close at 181,527.63 and the JSE combined index gained 1,119.65 points, to end at 175,546.63.IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 15 stocks with bids higher than their last selling prices and 1 with a lower offer.
In market activity, Barita Investments traded 17,844 shares and rose 40 cents to close at $4.05, Berger Paints gained 1 cent to close at $5.11 with 13,263 units changing hands, Cable & Wireless closed at 95 with 14,700 units changing hands. Carreras exchanged 11,114 shares at $65.25 with a loss of 25 cents, Grace Kennedy closed with 6,564 shares changing hands at $42.50, Jamaica Broilers had 38,501 shares changing hands and gained 50 cents to end at $15.50. Jamaica Producers ended at $8.40 with 1,600 units trading,
JMMB Group traded 9,754 units and rose 30 cents to close at $10.30, Margaritaville Turks traded 31,000 shares to close at a 52 weeks’ high of 24 US cents after rising by 2 cents, National Commercial Bank rose 14 cents to $40.25 with just 800 shares changing hands. Portland JSX closed at $11 after trading 8,400 shares. Radio Jamaica traded 13,572 shares and lost 3 cents to land at $1.40, Sagicor Group rose 1 cent in trading 90,934 shares to close at $23.51, Sagicor Real Estate Fund traded 49,223 shares to close with at $10.20, Scotia Group closed at $30 with 7,620 shares changing hands. Proven Investments traded 238,280 shares to close at 19.99 US cent and JMMB Group 7.50% preference share traded 500,000 units at $1.10.