8 stocks up 8 down on JSE

Thursday’s activity on the Jamaica Stock Exchange, resulted in the prices of 8 stocks rising and 8 declining as 23 securities changed hands, culminating in 4,981,371 units trading, valued at $38,684,054, in all market segments.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had 5 stocks with bids higher than their last selling prices and 5 stocks with offers that were lower.
Main Market| The JSE Market Index lost 369.76 points to 72,183.30 and the JSE All Jamaican Composite index declined 413.45 points to close at 79,422.25.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Carreras with 29,815, gained 35 cents rise to $35, Desnoes & Geddes 503,359 shares changed hands, 1 cent higher at $4.80, Jamaica Money Market Brokers with 2,100 ordinary shares traded with a gain of 50 cents to $7.50, Proven Investments with 1,083,333 shares traded with a gain of 0.01 cent to 17.01 US cents and Sagicor Group put through 100,219 units, 2 cents higher to $9.57
Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless had 31,764 shares changing hands 28 cents, Grace Kennedy had just 1,150 units trading at $59 and Radio Jamaica with 1000 shares ended at $1.15.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Jamaica Broilers with 22,400 shares closed 1 cents lower at $4, Sagicor Real Estate Fund traded 15,000 shares lost 4 cents to end at $6.60, Scotia Group with 10,700 units, gave up 2 cents to end at $19.03 and Scotia Investments with 21,772 shares, lost 60 cents to close at $21.40.
Preference| There was trading in 745,000 Jamaica Money Market Brokers 7.50% preference share at $2, Jamaica Public Service 9.5% preference share traded at 8138 units at $1,006.10 and was down $44.04 from the price it was listed at in 2012 and Proven Investments 8% preference share, traded 100 units at $5.