JSE had a sharp 4,000 point fall on Tuesday

Scotia Group played a big part in the fall of the market on Tuesday

Scotia Group played a big part in the fall of the market on Tuesday

Trading levels on the Jamaica Stock Exchange continues to be buoyant with 45 securities changing hands on Tuesday in all market segments but with reduced value compared with recent past trading days. At the close 19 securities in the combined markets gained and 12 declined.
Six stocks closed at 52 weeks’ highs as 6,138,490 units valued at $58,183,086 changed hands in all markets, with the junior market accounting for 1,840,258 units changed hands, valued at $6,617,973.
The JSE Market Index dived 4,233.89 points to 155,745.69, the all Jamaica Composite Index is down with a fall of 4,731.62 points to end at 173,010.89 and the JSE combined index dipped by 3,935.84 points to close at 167,170.08.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reached an elevated level indicating several rising prices ahead with reading of 14 stocks with bids higher than their last selling prices and only 4 with lower offers.
ICI -JSE Sum-19-01-16In trading, Barita Investments traded 6,000 shares and gained 10 cents to close at $4.60, for a 52 weeks’ high, Berger Paints closed at $3.70 as the price rose 40 cents with 9,000 units trading, Cable and Wireless ended with 883,544 units changing hands to close with a gain of 7 cents at $1.50, Caribbean Cement traded with a fall of $2.97 and closed at $21.52 with 31,378 shares changing hands. Carreras gained 94 cents in trading 33,262 shares at $60.99, Ciboney traded 1,724,839 units to end at 24 cents, Desnoes & Geddes lost 40 cents to close at $28.60 with 186,241 shares, Grace Kennedy rose $2.29 and closed at $82.50, with 144,996 units changing hands. Jamaica Broilers closed at $12 with 110,225 shares changing hands to record a gain of 25 cents. Jamaica Producers had 27,828 shares trading as the price rose by 13 cents to $33.13, Jamaica Stock Exchange fell 80 cents to close at $19.20 while trading 29,810 shares, JMMB Group traded 237,056 units to end with a gain of 33 cents at $11.83, Kingston Wharves rose 4 cents in trading 3,665 units to close at $11.05, ICI -JSE qts 19-01-16Margaritaville Turks traded 120,594 shares at 11 US cents by rising 0.50 cents. Mayberry Investments traded 94,603 shares and gained 10 cents to end at $4.85. National Commercial Bank ended with a fall of 10 cents at $41, with 165,801 units changing hands. Pan Jamaican Investments fell 1 cent to close at $94 with 144,908 shares trading, Sagicor Group declined by 97 cents to close at $22 with 82,272 units changing hands. Sagicor Real Estate Fund gained 50 cents to close at $11.60 with 30,245 shares traded, Scotia Group fell 20 cents with 88,079 shares changing hands to close at $30.40, Supreme Ventures gained 13 cents to end at $5.25 with 56,950 units changing hands at a new 52 weeks’ closing high and Proven Investments ordinary share traded 44,410 units at 22.99 US cents, up from 21 US cents on Tuesday.

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