Big losses for JSE on Monday
August 22, 2016 by IC Insider.com
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 6,073,929 units valued at $48,432,570, changing hands, in all market segments. The junior market accounted for 2,670,477 units, valued at $18,350,360 of all trades.
The JSE Market Index declined by 941.87 points to end at 161,440.70 the all Jamaica Composite Index fell 1,053.34 points to close at 179,381.46 and the JSE combined index slipped 799.41 points, to end at 172,910.48.
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 3 with lower offers.
In market activity, Cable & Wireless traded 150,000 shares and closed at $1.10, Carreras rose 43 cents, while trading just 560 shares to end at $66.45. The price of 1834 Investments rose 1 cent to close at $1.30, in trading 8,177 shares, Grace Kennedy lost 60 cents in ending at $44.60 with 86,340 shares changing hands, Jamaica Broilers fell 38 cents with 10,287 shares changing hands, to end at $14.60, Jamaica Producers fell 18 cents to close at $8.32 with 23,144 units trading. Jamaica Stock Exchange had 17,093 units changing hands to close at $21.50, JMMB Group traded 1,790,063 units to end with a loss of 34 cents at $9.50, Mayberry Investments lost 14 cents with 19,596 shares trading, to close at $3.81, National Commercial Bank had 10,312 units changing hands, to close at $41. Pan Jamaican Investments gained 1 cent to close at $25 after trading 6,285 shares, Portland JSX traded 4,110 shares and fell 8 cents to end at $11.40, Pulse Investments rose 14 cents to close at $4 with 15,000 shares changing hands, Radio Jamaica traded 131,954 shares to end at $1.55. Sagicor Group closed with a gain of 50 cents while 86,345 shares changed hands at $21.50, Sagicor Real Estate Fund traded 3,120 shares and rose 8 cents, to close at $10.20, Scotia Group lost 20 cents while trading 77,019 shares, to end at $31.50, Scotia Investments closed trading with 2,908 shares at $26. Supreme Ventures had 25,000 shares changing hands at $4.99 and Jamaica Money Market Brokers 7.50% preference share traded 926,000 units and ended at $2.10.
Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 1834 Investments, Cable & Wireless, Carreras, Daily Trading, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaican stocks, junior market, Mayberry Investments, National Commercial Bank, Pan Jamaican, Portland JSX, Pulse Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Supreme Ventures, Trading Activity
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