JSE main market index down again – Tuesday

Stocks declined again in trading on the main market on Tuesday, even as advancing stocks outnumbered declining ones by a wide margin.
At the close the JSE All Jamaican Composite Index declined 1,074.92 points to 325,735.98 and the JSE Index fell 979.37 points to 296,782.29 as 27 securities changed hands, resulting in 15 advancing, 4 declining and 8 remaining firm.
Market activity resulted in 13,526,719 units valued at over $293,683,413 compared with 6,884,784 units valued at $95,400,967 trading on Monday.
In market activity, Barita Investments closed at $12.20, with 3,600 shares, Berger Paints gained 50 cents and ended at $20.50, with 1,194 stock units, Carreras rose 3 cents and concluded trading at $10.53, with 46,980 units, Caribbean Cement finished trading at $37.50, with 4,490 shares, Ciboney Group settled at 13 cents trading 100,000 shares. Grace Kennedy fell 32 cents trading 9,823 shares at $48.50, Jamaica Broilers lost 40 cents to end at $21.60, with 11,507,048 stock units changing hands, Jamaica Producers rose 19 cents in trading 3,167 units at $16.70, Jamaica Stock Exchange closed at $7.49, with 1,260 shares. JMMB Group ended at $27.60, with 166,847 shares after rising by 60 cents, Mayberry Investments eased just 1 cents, settling at $6.10, with 14,104 units, NCB Financial Group rose by $1 and ended trading at $95, with 55,030 shares, 1834 Investments traded 100 shares, gaining 1 cent to end at $1.08. PanJam Investment closed with a rise of 95 cents at $45.20, exchanging 839,895 stock units, Portland JSX ended at $10, with 129 units, Radio Jamaica lost 5 cents and finished at $1.30, with 68,950 shares, Sagicor Group gained 49 cents to settle at $38, with 84,700 shares, Sagicor Real Estate Fund finished 60 cents higher at $14.50, with 6,700 units. Salada Foods jumped $1.49 to a record high of $14.90, with 1,250 stock units, Scotia Group jumped $2.63 traded 62,337 units to close at $50.63, Seprod finished trading at $36, with 200 shares, Supreme Ventures gained 32 cents and ended at $13, with 306,420 shares. Victoria Mutual Investments concluded trading at $4.17, exchanging 101,057 stock units and Wisynco Group concluded trading at $10, after rising by 5 cents with 76,787 shares traded. In the main market preference segment, Jamaica Money Market 7.25% rose 5 cents and ended trading at $2.55, with 1,613 shares, Jamaica Money Market 7.5% closed trading at $2, with 2,271 stock units and JMMB Group 7.5% rose 4 cents to finish at $1.05, with 55,767 stock units changing hands.
Prices of securities trading for the day are those at which the last trade took place. For more details of market activities, see “JSE main market volume dives – Tuesday.”

About IC Insider.com