The Main Market of the Jamaica Stock Exchange closed down on Friday, with JSE All Jamaican Composite Index falling 776.18 points to 319,258.66 and the JSE Index declining by 707.19 points to 290,880.73.
Trading on Friday closed 28 securities changing hands with 10 advancing, 10 declining and 8 trading firm in the main and US dollar markets.
The securities with the largest price changes include, Caribbean Cement with a fall of $1.45 to $31.55, Grace Kennedy with a loss of $1.20 to $43, Salada Foods climbing $1 to $12, Scotia Group that rose by $1.50 to $53.50 and Seprod losing 94 cents to end at $29.05.
Main market activity ended with 4,322,228 units valued at $69,892,327 in contrast to 2,690,310 shares valued at $52,093,635 on Thursday. Ciboney Group accounted for 1,385,481 units and 32 percent of total volume traded, followed by Jamaica Broilers Group accounting for 21 percent of volume traded with 904,680 units changing hands and Sagicor Group with 293,843 units or 6.8 percent.
Trading results in an average of 160,083 shares valued at $2,588,605 for each security traded, in contrast to 92,769 shares valued at $1,796,332 on Thursday. The average volume and value for the month to date amounts to 204,802 units valued at $3,183,567 and previously, 207,617 units valued at $3,223,626. In contrast, January 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, the Investor’s Choice bid-offer indicator reading shows 10 stocks ended with bids higher than their last selling prices and 2 with lower offers.
Traded in the US dollar market ended with Proven Investments trading 667,350 shares at 21.99 US cents with a value of US$146,425 as the market index rose 1.03 points to 168.18.
For more details of market activities see – JSE trading picks up on Friday.
JSE main market fell on Friday
February 23, 2018 by IC Insider.com
About IC Insider.com