JSE main market falters again

Seprod shares dropped $3.99 on Tuesday.

The main market indices suffered major reversal as a result of the negative advance decline ratio of nearly 1 to 1, leading the JSE All Jamaican Composite Index, to drop 898.61 points to close at 305,710.13 and the JSE Index to 818.74 points, to close at 278,536.50.
Trading ended on Tuesday with 28 securities changing hands of which 11 advanced, 11 declined and 3 traded firm with 3,569,794 units valued at $75,294,915 changing hands.
The major contributors to the sharp fall are declines of $1.30 in the price of Grace Kennedy, Salada Foods fell $1.19, Scotia Group jumped $2.64, Seprod dropped $3.99, on the other hand National Financial rose $1 and Scotia Group rose $2.64.
In the main market activity, Barita Investments concluded trading 50 cents higher at $8.50, with 25,000 units, Berger Paints finished with a loss of 9 cents at $16.11, with 29,075 shares, Cable & Wireless settled 2 cents higher at 97 cents, with 51,499 shares, Caribbean Cement ended trading 1 cent higher at $32.01, with 4,240 stock units. Carreras traded with a loss of 4 cents at $11, with 2,009,745 units, Ciboney Group finished trading 5 cents higher at 50 cents, with 65,000 shares, Grace Kennedy closed with a loss of $1.30 at $41.70, with 141,575 shares, Jamaica Broilers ended with a loss of 1 cent at $17.50, with 70,380 stock units. Jamaica Producers concluded trading with a rise of 20 cents to $16.20, with 60,592 units, Jamaica Stock Exchange finished with a loss of 38 cents at $6.60, with 21,679 shares, JMMB Group settled with a loss of 50 cents at $27.50, with 16,763 shares, Kingston Properties ended trading 1 cent higher at $8.01, with 1,300 stock units. Kingston Wharves traded 50 cents higher at $33, with 2,857 units, Mayberry Investments finished trading with a loss of 19 cents at $5.01, with 6,000 shares, NCB Financial Group closed $1 higher at $95, with 35,601 shares, 1834 Investments ended at $1.30, with 20,872 stock units, PanJam Investment concluded trading at $40.75, with 2,895 units. Portland JSX finished with a loss of 50 cents at $8.50, with 500 shares, Radio Jamaica ended trading with a loss of 4 cents at $1.05, with 2,000 stock units, Sagicor Group traded 4 cents higher at $36.54, with 6,100 units, Sagicor Real Estate Fund finished trading at $14.50, with 1,000 shares. Salada Foods Jamaica closed with a loss of $1.19 at $8.81, with 2,000 shares, Scotia Group ended $2.64 higher at $53.94, with 727,189 stock units, Seprod finished with a loss of $3.99 at $30.01, with 400 shares and Supreme Ventures ended trading with a loss of 42 cents at $10, with 110,204 stock units.
Prices of securities trading for the day are those at which the last trade took place.

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