20 JSE stocks fell 5 rise – Wednesday

Trading on the Main Market of the Jamaica Stock Exchange ended on Wednesday with the JSE All Jamaican Composite Index advancing by 760.62 points to 315,140.12 and the JSE Index advanced by 693.01 points to close at 287,128.27 as 5 advanced, 18 declined and 4 traded firm.
Market activity ended with 27 securities changing hands, with 4,274,854 units valued at $51,868,008 compared to 9,412,814 units valued at $83,130,402 from 25 securities on Tuesday.
Market activity ended with 158,328 units for an average of $1,921,037 in contrast to 376,513 units for an average of $3,325,216 on Tuesday. The average volume and value for the month to date amounts to 326,759 units valued at $9,212,851 and previously 351,208 units valued at $10,451,084. December closed with average of 686,156 units valued at an average of $8,654,832 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 4 stocks ended with bids higher than their last selling prices and 5 with lower offers.
Activity in the US dollar market ended with Productivity Business closing with a loss of 2 cents at 55 cents with 1,500 shares traded and Proven Investments ordinary share, exchanging 2,530 units with a fall of 1 cent to close at 22 US cents, the total value of trading amounted to US$1,387. The JSE US Equities Index closed down 5.30 points at 169.74.
The major movers at the close of the market are, Wisynco closed trading with 2.44 million shares with the price ending $10, having retreated from a high of $13.80 shortly after trading. Caribbean Cement dropped $1 to $34, Kingston Wharves lost 99 cents to $33, Scotia Group gained $1.31 to $51.41. Victoria Mutual Investments that was one of the leading volume trader for a number of days still remained in the number 2 spot with 704,000 shares, down from well over 1 million units per day. The price of the two new listed companies have eased as demand abates and selling continues.

For more details of market activities see – VM Investments & Wisynco dominate again .

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