8 up 8 down on JSE on Wednesday

JSE buildingOn Wednesday the Jamaica Stock Exchange saw more activity than on Tuesday but the market still seems to be nervous with a high level of stocks riding and declining on the same day. At the close there were 8 stocks rising to 8 that declined.
The market closed with 26 securities changing hands totalling 4,027,018 units, valued at $45,899,661 traded in all market segments.
The JSE Market Index gained 148.80 points to 95,738.02, the JSE All Jamaican Composite index added 166.30 points to 105,948.92 and the JSE combined index rose 141.78 points to end at 98,878.40.
JSE Sum -23- 9-15 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 14 stocks with bids higher than their last selling prices and 4 with offers that were lower.
Trading in the main market ended with Cable and Wireless slipped 1 cent with 885,401 shares changing hands, to close at 49 cents. At the close the stock had 1,122,637 units on the bid at 48 cents and 300,000 on offer at 52 cents. Caribbean Cement traded 200,000 shares at $8 while gaining 30 cents, Desnoes & Geddes ended with 128,250 shares trading with a 5 cents gain to close at $6.15, JMMB Group traded at $7.63 with 10,345 shares changing ownership. JSE fn qts 23-9-15National Commercial Bank had 35,609 units changing hands and ended at $27.47 while losing just 1 cent, Pan Jamaican Investment traded 8,052 shares to close at $61.71. Sagicor Group with 175,880 shares trading, closed 19 cents lower at $12.81, Scotia Group traded 1,496,663 shares to close with a loss of 16 cents at $23.75, Scotia Investments traded 16,267 shares in closing at $24.52 with a gain of 2 cents. Supreme Ventures had 41,160 shares changing hands at $3.75, for a gain of 35 cents Jamaica Money Market Brokers 8.75% preference share traded 231,855 shares at a 52 weeks low of $2.49 after losing 16 cents and Proven Investments preference share traded 59,200 units at $5.

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