Fall in Scotia pushed market down

Scotia Group dropped to $56 from $61 close of Wednesday, Grace Kennedy fell to $61 from $63 and from a trade at $75 in early trading and Jamaica Broilers fell to $28 from $31 and pulled the main market of the Jamaica Stock Exchange under water, with 45 minutes of trading left for the day.
All the gains earlier in the morning that pushed the market into record territory was given up with the All Jamaica Composite Index pulling back 1,892.60 points from Wednesday’s close, to trade at 406,560 and the JSE Index fell 1,724.38 points to 370,422.16.
Earlier, the All Jamaica Composite Index on Wednesday moved higher by 3,093.31 points to a record 411,545.91.

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