Big losses for JSE indices on Tuesday
August 23, 2016 by
At the close of the market prices of 16 securities gained out of a total of 40 securities that traded, with 15 declining in the overall market, including 9 stocks, rising and 6 falling in the junior market.
Trading closed with 6,761,304 units valued at $43,160,974 changing hands, in all market segments. The junior market accounted for 2,549,505 units, valued at $12,665,912 of all trades.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 9 stocks with bids higher than their last selling prices and 2 with lower offers.
In market activity, Cable & Wireless traded 777,339 shares and closed at $1.04 after falling by 6 cents, Caribbean Cement traded 157,722 shares and fell 22 cents to close at $26.68, Carreras rose 5 cents, while trading just 8,190 shares to end at $66.50. The price of 1834 Investments rose 1 cent to close at $1.31, in trading 109,046 shares, Grace Kennedy lost 90 cents in ending at $43.50 with 89,591 shares changing hands, Jamaica Broilers had 170,189 shares changing hands, to end at $14.60, Jamaica Producers gained 9 cents to close at $8.41 with 29,234 units trading. Jamaica Stock Exchange had 9,600 units changing hands to close at $21.50, JMMB Group traded 33,575 units to end with a gain of 30 cents at $9.80, Kingston Wharves traded 11,680 shares to close at $16.20, National Commercial Bank had 53,745 units changing hands and fell 50 cents to close at $40.50. Pan Jamaican Investments gained 15 cents to close at $25.15, after trading 19,524 shares, Portland JSX traded 303,134 shares and rose 9 cents, to end at $11.49, Radio Jamaica traded 24,344 shares, to end at $1.55, Sagicor Group closed with a gain of 30 cents while 71,066 shares changed hands, at $21.80. Sagicor Real Estate Fund traded 1,470 shares and fell 20 cents, to close at $10, Scotia Group lost $1.44 while trading 87,422 shares, to end at $30.06, Scotia Investments closed trading with 37,500 shares at $26. Supreme Ventures lost 9 cents while 191,370 shares changing hands at $4.90, Proven Investments ordinary share, traded 48,300 units at 19.94 US cents compared to 19 US cents on Monday, JMMB Group 7.50%% preference share traded 94,115 units but fell 6 cents to $1.02 and Jamaica Money Market Brokers 7.50% preference share traded 1,874,000 units and ended at $2.10.