Sagicor Group closed at a 52 weeks’ high on Thursday on the JSE.
The All Jamaica Composite Index closed with a fall of 205.12 points at 202,977.90 to be up by 21 percent for the year to date. The JSE Market Index dropped 183.41 points to finish at 185,872.90. The JSE combined index declined by 351.05 points to close at 198,359.79, with gain for the year to date, of 25 percent.
Market activity ended with 40 securities changing hands, at the close, the prices of 10 stocks gained while 17 declined in the overall market, including 3 stocks rising and 4 falling, in the junior market.
At the close with 29,273,598 units valued at $1,131,638,942 changed hands, compared to 22,971,772 units valued at $146,022,777 changing hands on Tuesday. Of the stocks traded, the junior market accounted for 332,445 units changing hands, valued at $1,568,652.
The average trade for the day in the main market ended at 1,205,881 shares compared to an average of 728,789 units traded on Tuesday. The average for the month to date ends at 872,049 shares compared to an average of 538,216 units for the month up to Tuesday. November ended with an average of 208,466 units.IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 11 stocks with bids higher than their last selling prices and 6 with lower offers.
In market activity, Barita Investments traded 7,628 shares to end unchanged at $5.55, Cable & Wireless fell 5 cents to a 52 weeks’ low of 65 cents with 260,217 units trading, Caribbean Cement traded with a loss of $1.19 while trading 1,700 shares at $32, Carreras lost 25 cents in exchanging 12,795 shares to close at $66. Investors traded 19,691 shares of 1834 Investments to close with a rise of 1 cent at $1.16, Grace Kennedy gained 98 cents to close at $40.99 with 4,020 shares changing hands. Jamaica Broilers closed at $14.50 with 9,583 shares changing hands, after falling 41 cents, Jamaica Producers lost 71 cents to end at $8.50 with 949,034 units trading, Jamaica Stock Exchange traded 999 shares, to end at $5.59 after falling by a cent, JMMB Group traded 11,569 shares and gained 47 cents to close at $14.48. Kingston Wharves ended trading 27,322 shares to close at $19.40 after slipping 20 cents, Mayberry Investments ended trading with 22,609 shares, to close with a rise of 70 cents at $5.50, National Commercial Bank ended at $49 with 17,096,730 shares changing hands, PANJAM Investment traded 1,173,845 shares but fell 5 cents to close at $27.45. Radio Jamaica lost 12 cents to close at $1.08 with 34,484 shares trading.
Sagicor Group closed with 8,850,415 shares changing hands, 30 cents higher at a 52 weeks’ closing high of $27.80, Sagicor Real Estate Fund traded 159,673 units to close with a gain of 5 cents at $11, Scotia Group lost 90 cents with 63,901 shares changing hands and closed at $34. Scotia Investments dropped $4.10 with 1,828 units changing hands to close at $29.30, Seprod lost $2.50 to close trading at 27.50 with 37,856 shares changing hands, Supreme Ventures traded 117,534 units to end with a rise of 2 cents at $5.02 and Proven Investments declined from 22 US cents to end at 21.95 US cents, with 72,620 units changing hands.
