PanJam Investment drops $5 in trading on Thursday.
The Main Market of the Jamaica Stock Exchange pulled back at the close on Thursday with increased volume of shares trading, after rising strongly with very moderate trading on Wednesday.
Trading on the Main Market ended on Thursday with 21 securities changing hands, of which 9 advanced, 7 declined and 2 traded firm resulting in 3,826,874 shares valued at $91,752,590 changing hands, compared to 868,056 units valued at $20,860,689 from 22 securities changing hands on Wednesday.
The market activity resulted in The JSE All Jamaican Composite Index declining 1,614.44 points to close at 303,947.39 and the JSE Index falling 1,470.94 points to 276,930.44 at the close. .
Trading ended with an average of 182,232 units for an average of $4,369,171 in contrast to 39,457 units for an average of $948,213 on Wednesday. 
The average volume and value for the month to date amounts to 132,613 units valued at $3,067,560 and previously, 127,855 units valued at $2,927,387. 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 7 stocks ended with bids higher than their last selling prices and 3 with lower offers.
Proven Investments US ordinary share traded in the US dollar market, with 2,450 units changing hands in closing at 23 US cents, with the JSE USD Equities Index closing unchanged at 174.66. JMMB Group 6% US dollar preference share ended trading at US$1.20, with 290 units trading and resulted in value of US$912 traded in the market.
The major movers at the close, are Berger Paints rising $1.50, JMMB Group jumped $1.92 while trading 3,063,904 units, NCB Financial Group shedding 99 cents, PanJam Investments dropping $5 while Caribbean Cement rose 99 cents, Sagicor Group rose 85 cents, while Scotia Group rose $1.85.
For more details of market activities see – “Rising stocks edge out falling ones.”