14 stocks fell on Wednesday

Trading in the main market of the Jamaica Stock Exchange closed on Wednesday with 25 securities changing hands with 1 trading in the US dollar market. At the close, 7 stocks advanced and 14 declined.
Trading levels in the main market ended at 2,673,775 units valued at $51,217,614 compared to 5,505,950 units valued at $95,998,334 at the close on Tuesday. Trading in the US dollar market accounted for 168,860 units valued at US$50,658.
The All Jamaica Composite Index declined 1,021.50 points to close at 247,892.32 the JSE Market Index fell 930.70 points to finish at 225,857.99 and the JSE US dollar market index remained unchanged at 219 points.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 8 stocks with bids higher than their last selling prices and 4 with lower offers.
The main market ended trading with an average of 53,047 units valued at $2,048,705 per traded security compared to an average of 158,066 units valued at $4,173,841 on Tuesday. The average volume for the month to date ended at 398,555 units with an average value of $4,907,331 versus at 421,588 units with an average value of $5,097,906 on the prior trading day. The average volume and value for March ended at 549,909 units and $1,379,459.
In market activity, Barita Investments closed at $7 with a loss of 10 cents exchanging 100 shares, Berger Paints closed $1.48 lower to $13.52 trading 215,248 shares, Cable and Wireless closed at $1.31, after losing 4 cents with 19,178 shares changing hands, Caribbean Cement traded 50 cents lower to $30.50 with 233,626 units trading Carreras closed at $75, with a loss of 10 cents while exchanging 97,395 shares, Grace Kennedy gained $2 to close at $43 trading 27,300 units, Jamaica Broilers closed at $16.90, gaining 10 cents with an exchange of 1,023,770 shares, Jamaica Producers closed at $15.50 exchanging 3,187 shares, Jamaica Stock Exchange closed 40 cents lower at $8, with trades of 22,332 shares. JMMB Group closed at $20.22, after losing 9 cents trading 79,664 units, Kingston Wharves closed at $29.40, with a loss of $2.60 in exchanging 1,718 units, Mayberry Investments exchanged 11,000 shares at $4.75, NCB Financial Group traded at $65, with 65,310 shares changing hands, 1834 Investments lost 15 cents to close at $1.70, with an exchange of 124,196 shares, 138 Student Living traded 1 cent higher to close at S4.49 with 21,860 shares changing hands, PanJam Investment closed 80 cents lower to $34.20 with trades of 25,244 shares. Radio Jamaica gained 5 cents to close at $1.70 trading 76,000 shares, Sagicor Group closed at $32 exchanging 55,909 shares, Sagicor Real Estate Fund closed at $10.35, with gains of 5 cents trading 35,276 shares, Scotia Group closed at $41, gaining $1.88 with 121,490 units changing ownership, Scotia Investments traded $1.89 lower to close at $36.11 with an exchange of 4,420 shares, Seprod gained 1 cent to close at $36 trading 7,853 shares, Supreme Ventures closed at $6.30, losing 8 cents exchanging 62,444 shares. Proven Investments closed at 30 US cents with trades of 168,860 ordinary shares, and JMMB Group 7.25% preference share lost 20 cents to close at a 52 weeks’ low of $1.30 exchanging 40,000 units.