Falling stocks climb on JSE – Wednesday

Trading on the Jamaican Stock Exchange made small gains in the early morning session on Wednesday was slow with just a limited number of securities changing JSE intra 23-03-16 hands and resulted in a low volume overall.
After 75 minutes of the market’s opening, 27 securities traded, accounting for a mere 798,315 shares changing hands as only 3 stocks gained and 15 declined.
The indices enjoyed moderate gains in the main market after suffering modest declines earlier in the session with the all Jamaica Composite Index rising 158.18 points to 170,269.19, the JSE Market Index gaining 141.54 points to 153,292.39, the JSE combined index ending with a 114.52 points rise to 161,963.29 but the junior market index lost only 2.06 points to 1,928.67.
In Trading, Grace Kennedy lost $1.90 to with 36,282 shares trading down to $80.10, Sagicor Group had 300,000 shares changing hands at $23.80 to gain 20 cents in the process and Scotia Group traded 231,710 units but lost 51 cents to trade at $30.39.

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