Stocks declined sharply in trading on the main market on Wednesday, with the JSE All Jamaican Composite Index dropping 2,542.85 points to 326,768.75 and the JSE Index diving 2,316.83 points to 297,723.25.
The main market closed with 7,688,997 units valued at $220,155,817 trading from 22 securities changing hands, resulting from 5 securities trading more than 1 million units each and in 8 rising, 11 falling and 3 trading firm.
In market activity, Barita Investments lost 50 cents and closed at $12.50, with 2,500 shares trading, Berger Paints rose 4 cents to end at $20.50, with 4,608 stock units, Carreras rose 14 cents and concluded trading at $10.54, with 59,203 units, Grace Kennedy ended trading at $48.20, after rising 15 cents with 15,911 shares, Jamaica Broilers jumped $1.10 to $21.70, trading a mere 634 stock units. Jamaica Producers lost 38 cents in finishing trading at $16.60, with 17,774 units, Jamaica Stock Exchange closed at $7, with 1,033,290 shares, JMMB Group fell 50 cents to $26.50, with 1,999,978 shares changing hands, Kingston Wharves dropped $2.49 to $46.50, with 1,801,850 stock units. Mayberry Investments settled at $6.17, with 6,890 units traded after falling 8 cents, NCB Financial Group lost just 1 cent and ended trading at $94.98, with 41,620 shares, PanJam Investment dropped $1.64 and closed at $45.36, with 1,094,320 stock units, Proven Investments traded in the main market with a rise of $1.99 to $28.50 while trading just 100 shares, Pulse Investments fell 21 cents and concluded trading at $1.60, with 5,414 units. Radio Jamaica lost 1 cents and finished trading at $1.19, with 30,000 shares, Sagicor Group settled at $38.50, after rising 31 cents with 22,610 shares, Sagicor Real Estate Fund gained 20 cents and finished at $14, with 1,535 units. Scotia Group dived $3.39 to $50.10, with 70,981 units, Supreme Ventures rose 20 cents and concluded trading at $12.70, with 1,012,460 shares, Victoria Mutual Investments ended at $4.18, with 262,618 shares and Wisynco Group concluded trading at $9.55, after falling 16 cents with 204,701 stock units.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE main market volume jumps – Wednesday.”
Big JSE main market losses- Wednesday
May 16, 2018 by IC Insider.com
Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Berger Paints, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Money Market Brokers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB, JMMB Group, Kingston Properties, Kingston Wharves, Mayberry Investments, NCB Financial Group, PANJAM Investment, Proven Investments, Pulse Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Salada Foods, Scotia Group, Seprod, Supreme Ventures, Trading Activity, Victoria Mutual Investments, Wisynco
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