Caribbean Cement traded at a new high of $73.90 on Wednesday.
Caribbean Cement traded at a record high of $73.90 on Wednesday but closed at $60 at the close with a gain of $4 in trading 23,168 shares on the main market of the Jamaica Stock Exchange.
At the close of the main and US markets, 32 securities traded, compared to 31 on Tuesday and leading to 11 advancing, 11 declining and 10 closing unchanged as investors pushed Kingston Wharves by $4 to $72 and JMMB Group by $2.99 to $33.
The JSE All Jamaican Composite Index lost 2,104.17 points following the 1,034.03 points decline on Tuesday to close at 423,341.31 and the JSE Index declined by 1,912.07 points to 385,696.83 after it fell 939.63 points on Tuesday.
Trading ended with 22,489,492 units valued at $166,148,557 crossing the exchange, compared to 1,404,921 units at just $34,225,857 changing hands on Tuesday.
On a day of increased volumes, Stanley Motta led trading with 11.2 million shares for 50 percentage of the day’s volume, followed by Kingston Properties with 10 million units for 45 percent of the overall volume shares, no other stock came close to 1 million shares.
Market activity ended with an average of 725,467 units valued $5,359,631, in contrast to 50,176 shares valued at $1,222,352 on Tuesday. The average volume and value for the month to date amounts to 110,352 units valued at $1,654,394. Trading for March resulted in an average of 438,501 shares at $9,851,307, for each security traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with the reading showing 9 stocks ending with bids higher than their last selling prices and 6 closing with lower offers.
In main market activity, Barita Investments fell 30 cents to $44.10, with an exchange of 4,767 shares, Berger Paints lost 75 cents and ended at $20.25, trading 400 stock units, Caribbean Cement jumped $4 to close at $60, with 23,168 shares changing hands, Jamaica Broilers shed 50 
cents in trading 10,250 units to close at $31. Jamaica Producers gained $1 to close at $23.50, with 10,536 shares changing hands. JMMB Group climbed $2.99 in trading of 10,536 shares at $33, Kingston Wharves jumped $4 to settle at $72, trading 2,150 units, Pulse Investments gained 39 cents to finish at $3.18, trading 22,130 shares, Scotia Group put on 29 cents trading 119,151 shares at $51.30, Seprod rose $1.29 to close at $43.44 in trading 2,351 shares. Stanley Motta rose 66 cents and closed at $5.31, with 11,215,430 shares changing hands. Sterling Investments lost 44 cents trading with 79,757 stock units at $3.55.
Trading in the US dollar market ended with 51,788 units. JMMB Group preference share closed trading and with 7,000 units changing hands at US$1.04 and Sygnus Credit Investments exchanged 44,788 shares at 10 US cents. The JSE USD Equities Index remained unchanged at 179.23.
