JSE main market falls on Friday

Trading on the Main Market of the Jamaica Stock Exchange ended on Friday with JSE All Jamaican Composite Index falling 1,081.34 points to 314,601.51 and the JSE Index shedding 985.23 points to 286,637.56.
Main and US market activities ended with moderate trading levels leading to prices of 12 securities rising, 12 falling, 4 trading firm as 28 securities traded, including 1 from the US market versus 27 on Thursday.
Main market activity ended with 5,977,622 shares valued at $168,448,904 changing hands, in contrast to 7,713,887 shares valued at $88,768,495 trading on Thursday.
The US market closed with Proven Investments exchanging 4,000 ordinary shares, at 22.95 US cents, with a value of US$918 and leading to the JSE US Equities Index easing just 0.05 points to close at 174.09.
Market activity ended with an average of 221,393 shares valued at $$6,238,848, in contrast to 296,688 shares valued at $3,414,173 on Thursday. The average volume and value for the month to date amounts to 172,863 units valued at 3,477,159 and previously, 165,819 units valued at 3,005,225. January ended with an average of 239,900 units valued at $5,158,193 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 9 stocks ended with bids higher than their last selling prices and 2 closed with lower offers.
Major price changes at the close of the market are, Caribbean Cement dipped 95 cents to $33.05, Jamaica Broilers rose $1 to $19, Jamaica Producers dropped $2.50 to $15.50, Mayberry Investments fell $1.08 to $4.81, PanJam Investment rose $2.35 to $41.85 and Scotia Group lost $1 to end at $50. Jamaica Money Market Brokers 7.5% preference share traded 1.26 million units, NCB Financial traded just under 1.25 million units and Wisynco Group traded 742,000 units to close at $10.60.

For more details of market activities see – 12 stocks rose 12 fell in JSE trading – Friday.

About IC Insider.com