JSE declines on Monday

Market activities, closed with 8,452,293 units valued at $389,568,108 trading, compared to 52,433,941 units valued at $551,963,793 from 22 securities changing hands on Friday.
Trading ended with an average of 422,615 units for an average of $19,478,405 in contrast to 2,097,358 units for an average of $22,078,552 on Friday. The average volume and value for the month to date amounts to 325,310 units valued at $6,146,072 and previously, 317,967 units valued at $5,039,655. 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 10 stocks ended with bids higher than their last selling prices and 7 with lower offers.
3 securities traded in the US dollar market with Margaritaville traded just 400 shares and gained 1 cent to close at .2001 US cents, Proven Investments US ordinary share, traded 520 units changing hands in closing at 22.01 US cents, after falling by a cent, with the JSE USD Equities Index closing down 4.11 points to close at 170.55 as one stock rose and one declined. JMMB Group 6% Preference share traded 2,000 shares and fell 8 us cents to $1.12.
The major movers at the close, are Caribbean Cement that rose $1.30, PanJam Investment rose $1, Sagicor Group fell $1.50, while Scotia Group gained $1.89. Jamaica Producers traded 4.36 million shares and NCB Financial ended with 3.14 million shares changing hands.
For more details of market activities see – “Producers & NCB dominate trading – Monday.”