Falling stocks overwhelmed rising ones

The main market the Jamaica Stock Exchange closed higher on Thursday with the All Jamaica Composite Index jumping 2,646.72 points to a record close at 293,186.46, the JSE Market Index climbed 2,411.46 points to record close of 267,126.05 after trading much higher in the morning session.
The sharp rise was due primarily to gains in Scotia Group as the advance decline ratio was a negative 3 to 1.
In market activity, the volume of securities trading with their last prices are: Barita Investments with a loss of $1, closed at $8 with 18,827 shares, Berger Paints falling 40 cents to close at $12.10 with 137,727 stock units, Cable and Wireless with a loss of 3 cents, to $1.03 with 686,724 shares. Caribbean Cement closed at $28, dropping $2.05 with 81,597 units,Carreras closed at $108 with 51,674 shares, Grace Kennedy traded at $42.90 with 16,980 shares. Jamaica Broilers closed at $18.50 with 1,846,484 stocks, Jamaica Producers lost 70 cents and closed at $15 with 32,069 shares, Jamaica Stock Exchange closed at $6.30, with a loss of 5 cents and exchanging 35,994 units, JMMB Group traded 193,740 shares at $21.90. Kingston Properties closed 50 cents lower to $7 with 88,633 stock units, Kingston Wharves added 85 cents to close at $30.85 with 8,125 shares, Mayberry Investments closed at $4.50, losing 35 cents with 501,020 shares changing hands, NCB Financial Group traded $1.50 lower to $89.50 with 104,077 stock units, 1834 Investments closed at $1.40 with 1,402 shares. PanJam Investment added 1 cent to close at $33.48 with 17,094 units, Portland JSX exchanged 14,800 shares at $9.25, Radio Jamaica closed at $1.25, while losing 4 cents with 89,511 stocks, Sagicor Group ended at $33.25, with gains of 39 cents trading 46,363 shares, Sagicor Real Estate Fund closed at $10.99, gaining 1 cent with 30,998 shares, Salada Foods with a loss of 10 cents, closed at $8.50 with 53,870 units, Scotia Group traded 136,129 shares at $57.99, Seprod lost 60 cents, closing at $29.90 with 12,330 shares, Sterling Investments gained 60 cents, closing at $12.90 with 500 shares, Supreme Ventures closed at $11.01, losing 99 cents with 31,370 shares. Proven Investments US ordinary shares closed at 23.99 US cents with 16,400 units, Productive Business Solutions US ordinary shares closed at 60 US cents with 3,210 units, JMMB Group US 6% preference share ended at US$1.12 with 800 units and Productive Business Solutions 9.75% cumulative redeemable preference share traded $5 lower to $100 with 89,100 units.