JSE main market loses ground on Friday

Trading started off slowly on Friday with the first trade taking place after 15 minutes of trading had elapsed when traded JMMB Group traded 153,313 ordinary shares. By 10 am things changed markedly with 14 securities having traded. The main market indices fell but the junior market index rose as 34 securities changed hands after 75 minutes of trading with a volume of 2,412,865 units as 12 stocks gained and 11 declined.
JSE intra 4-12-15At 11 am, the all Jamaica Composite Index is dropped 969.26 points to 156,732.96, the JSE Market Index fell 867.30 points to 141,180.05 the JSE combined index erased 596.04 points to be at 147,781.55 and the junior market index rose 24.96 points to 1,622.31.
Interesting trades, with 75 minutes having elapsed, are Cable & Wireless with 168,900 units and last traded at $1.46 for a 6 cents fall from Thursday’s last traded price, Carib Cement trading down to $16.55, Carreras at $59.95 with a gain of $3.95, Gleaner down to $1.45 as Mayberry tries to push out their holdings, a sign of a no confidence vote for the merger with Radio Jamaica, Scotia Investments with 1,000 units with the price falling from $28 to $24.01.

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