Falling prices dominate with 15 down

 Carreras dominated with $64.8M in value

Carreras dominated with $64.8M in value

Activity on the Jamaica Stock Exchange, resulted in the prices of 7 stocks rising, 15 declining as 28 securities changed hands, ending in 4,785,392 units trading, valued at $101,683,594, in all market segments as Carreras dominated trading with shares valued at $64.8 million. For the first time in a few weeks there were no stocks at new 52 week’s high at the close.
TheJSE Market Index lost just 3.39 points to 96,596.51, the JSE All Jamaican Composite index fell 3.79 points to close at 108,907.87 and the JSE combined index gained 28.63 points to end at 99,293.77.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 19 stocks with bids higher than JSE sum 16-6-15 their last selling prices and 7 with offers that were lower, an indication that the number of stocks likely to gain on Wednesday should outnumber the ones declining.
In trading, Cable & Wireless put on 2 cents with 431,297 units changing hands to close at 46 cents. Caribbean Cement rose 1 cent while trading 121,350 shares at $5, Carreras gained 28 cents in trading 1,341,078 to end at $48.35, with NCB Capital Market s being the main broker selling and Sagicor Investments the main broker buying. Grace Kennedy suffered a decline by 40 cents with 8,919 shares changing hands at $63.50, Hardware & Lumber traded 50,000 shares at $18, with just one trade. Jamaica Broilers slipped 30 cents with 23,654 shares trading to close at $5.20, followed by Kingston Wharves that fell 15 cents to $6.40 with only 725 units trading, JSE fn Qts 16-6-15National Commercial Bank traded 528,170 units to close at $29.46 down from the last traded on Monday of $30, as the price slipped 54 cents. Sagicor Group fell 30 cents to $12.30 with 94,210 shares changing hands. The price of Sagicor Real Estate Fund rose 10 cents, with 42,375 shares changing hands, to end at $7.70. Scotia Investments fell 72 cents as 25,291 shares traded to close at $26.28 and Proven Investments traded 595,502 shares at 21 US cents, down from 21.05 US cents on Monday, after 467,745 units were traded in the morning session, at 22 US cents.

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