20 stock gained 8 declined on JSE

Wednesday was another day of more stocks rising than falling, on the Jamaica Stock Exchange but the indices fell, with the number of stocks rising, smashing those declining 20 to 8. AT the end, 35 securities changed hands, with 7 of the stocks with gains ended at 52 weeks’ high at the close. The market closed with 4,856,849 units trading, valued at $34,575,790, in all market segments.
The JSE Market Index lost just 78.06 points to 98,270.35, the JSE All Jamaican Composite index declined 87.29 points to close at 108,589.10 and the JSE combined index dropped by 142.03 points to close at 100,587.96.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows stocks with bids higher than their last selling prices and with offers that were lower.
The stocks trading in the main market at new 52 weeks’ high, are, Berger Paints, Caribbean Cement, Desnoes & Geddes, Jamaica Broilers, Jamaica Producers, and Sagicor Real Estate Fund.
In trading, Berger Paints traded between $2.58 and the closing price of $3 with 80,658 shares and ended with an increase of 45 cents, Cable & Wireless had 806,875 shares trading between 42 cents and 47 cents, to close at 45 cents, with a loss of 2 cents from Tuesday’s last price. Caribbean Cement traded 1,477,569 shares between $5.50 and the final price of $5.30 to gain 30 cents, Carreras traded just 2,871 units with a gain of $1 to close at $50. Desnoes & Geddes traded 197,238 shares at $7.70 at the end, by putting on 45 cents. Grace Kennedy posted 25,988 units but lost $1.40, to end at $62.15. Jamaica Broilers put through 136,039 units and closed at $5.50, 1 cents higher than on Tuesday. Jamaica Producers traded at $20 with a gain of $1.45 with 3,303 shares changing hands, JMMB Group lost $1.04 in trading 81,226 shares at $8.45, Mayberry Investments had 280,022 shares changing hands at $3.10 after trading at $2.85 and added 10 cents at the close. National Commercial Bank had 136,390 units with all trading at $30. Sagicor Group closed at $11.50 with 820,961 shares trading 49 cents down at the close, Sagicor Real Estate Fund had 5,880 units trading at a new high of $8 to gain 80 cents. Scotia Group traded 104,903 shares at $25.01, Proven Investments 93,007 shares at 19.5 US cents as the price slipped 1 US cent, Jamaica Money Market Brokers 7.50% preference share traded 145,200 units at $2.40 and Jamaica Money Market Brokers 8.75% preference share traded 199,980 units at 3.05.