Declines & advances even as JSE continues sideways

In Friday’s trading on the Jamaica Stock Exchange, the prices of 7 stocks rose and 7 declined as 24 securities changed hands, resulting in 3,072,116 units trading, valued at $22,272,471.
Main Market| The JSE Market Index fell by 550.24 points to 71,751.52 and the JSE All Jamaican Composite index dived 615.26 points, to close at 78,939.43.
Gains| The volume and last traded prices of stocks with gains, at the end of trading in the main market are, Caribbean Cement with 7,975 shares to close with a gain of 20 cents at $2.70, Pan Jamaican Investment had 2,552 units changing hands to gain 42 cents at $49, Proven Investments ordinary share, traded 322,428 units to gain 0.15 US cents to end at 17 US cents and Radio Jamaica had just 483 units changing ownership and gained a cent to $1.05.
Firm| The stocks in the main market to close without a change in price with volume and last traded prices are, Berger Paints with 34,975 units, closed at $1.60, Cable & Wireless had just 33,384 shares trading, in closing at 29 cents, Grace Kennedy put through 684 units to close at $60.50, Jamaica Broilers 172,852 shares traded at $4.50, Jamaica Money Market Brokers ordinary, traded 217,974 shares to close at $6.95, National Commercial Bank with 50,450 shares closed at $18, Scotia Group enjoyed the exchange of 136,580 shares at $18.95 and Seprod 1,037 shares went through at $11.
Declines| The volume and last traded prices of stocks with losses at the at the end of trading in the main market are, Desnoes & Geddes with 115,228 shares, while losing 15 cents to end at $4.50, Kingston Wharves 3,500 shares was traded at 48 cents lower, to end at $5.02, Mayberry Investments with 4,080 units passing through the market, lost 23 cents to end at $1.67, Sagicor Group with 602,981 shares, lost 10 cents to end at $9.30 and Scotia Investments with 4,100 units changing hands, closed $2.60 down at $21.40.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 80,500 units at $3 and the 7.50% preference share, traded 1,000,000 units at $2.
Junior Market| The JSE Junior Market Index, declined by 12.30 points to close at 653.94 as only 4 stocks traded, with 3 advancing and 1 declining.
Gains| Stocks recording gains at the end of trading in the junior market, are Blue Power with 5,000 shares, gaining 5 cents to $9.10, Lasco Financial with 81,000 units traded, to close 8 cents higher at $1 and Lasco Manufacturing with 15,348 shares, close with a gain of 11 cents at $1.04.
Firm Trades| There were no active stocks in the junior market that that closed at the same price as the day before.
Declines| Lasco Distributors with 146,506 shares was the sole security declining in the junior market, at the end of trading, the price slipped a cent to end at $1.11.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 7 stocks with bids higher than their last selling prices and 6 stocks with offers that were lower. An indication that the market is moving sideways for now.