The Jamaica Stock Exchange main market indices on Wednesday gave up much more than they gained on Tuesday, with losses exceeding 2.3 percent compared to more than 1.90 percent gained on Tuesday. The all Jamaica Composite and the JSE index dropped more than 1,000 points on Wednesday.
A total of 37 securities changed hands, in all market segments with 14 stocks rising while 16 declined. Trading amounted to 6,525,627 units valued at $85,157,957 changing hands, in all markets, the junior market accounting for 1,448,567 units valued at $4,853,764.
The JSE Market Index declined 1,043.10 points to end at 149,006.90, the all Jamaica Composite Index fell 1,166.58 points to 165,475 and the JSE combined index dropped 699.90 points, to close at 157,519.32.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 8 
stocks with bids higher than their last selling prices and 4 with lower offers.
At the end of market activities, Barita added 42 cents with just 3,000 units changing hands to end at $3.72, Berger Paints closed at $4 after trading 26,000 shares with a gain of 50 cents, Cable & Wireless rose by 2 cents to close at $1.28, in trading 40,000 units. Caribbean Cement fell $1.89 to close at $19.11 with 3,075,900 shares changing hands, Carreras ended trading with 18,790 shares, to close at $66, Ciboney traded 461,143 shares but shed 2 cents to end at 13 cents, Grace lost 42 cents to close at $81.10 with 142,927 shares trading. Jamaica Broilers had 30,865 units changing hands, to close with a loss of 80 cents at $13.70. Jamaica Producers ended at $32 while trading 105,600 shares, JMMB Group had 22,971 shares changing hands with a loss of 38 cents to end at $9.60, 
Margaritaville Turks traded 138,798 shares to close at 16.5 US cents after falling 97 cents, National Commercial Bank had 8,594 shares changing hands to close at $40. Pan Jamaican Investments traded 11,500 units at $90, Radio Jamaica rose 1 cents as 710,157 shares were traded to close at $1.15, Sagicor Group fell 50 cents in ending with 854 shares changing hands to close at $22.50. Scotia Group traded just 486 shares to close at $30.30 after falling 75 cents, Supreme Ventures rose 5 cents with 11,000 shares trading to end at $5.10, Proven Investmenst closed at 17 US cents while trading 108,862 shares, and the JMMB 7.50% preference share, traded 92,200 units with a loss of 1 cent at $1.05, a 52 weeks’ low.
Jamaican stocks drop again – Wednesday
April 20, 2016 by
