Scotia Group’s stock price jumps $3.74 on Thursday
In trading on the Main Market of the Jamaica Stock Exchange on Thursday, the All Jamaican Composite Index dropped 2,129.59 points to 304,965.84 and the JSE Index dived 1,940.29 points to 277,858.36.
Trading ended with 21 securities changing hands, of which 9 advanced, 4 declined and 8 traded firm.
Trading jumped to 171,582,338 units valued at $1,664,149,762 compared to 1,811,480 units valued at $72,434,801 from 27 Securities on Wednesday. Supreme Ventures traded 168.7 million units to dominate market activities after accounting for 98.3 percent of volume traded.
An average of 8,170,588 units for an average of $79,245,227 traded, in contrast to 67,092 units for an average of $2,682,770 on Wednesday. The average volume and value for the month to date amounts to 758,238 units valued at $10,351,426 and previously, 290,793 units valued at $5,669,323. In contrast, November closed with average of 349,084 units at an average of $5,801,440 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 11 stocks ended with bids higher than their last selling prices and 2 with lower offers.
Trading in the US dollar market, ended with Proven Investments US ordinary share having 50,000 units changing hands at 22 US cents and Sterling Investments exchanging just 100 units and rising moderately in price to 0.1221 US cents from 0.12 cents. The total value of trading amounted to US$11,012 with the US dollar Equities Index closing 2.24 points down, at 169.22.
The major movers at the close are, JMMB Group lost 90 cents in trading 1,905,342 shares, Kingston Wharves gaining $1 and NCB Financial Group closing $1.49 lower, but Scotia Group jumped $3.74.
For more details of market activities see – “Supreme Ventures in big Thursday trade .”
