The Jamaica stock market lost ground at the close of the week, with 36 securities trading and the prices of 10 stocks in the overall market rising, 17 declined, including 2 stocks rising and 7 declining, from the junior market. Stocks traded, amount to 5,971,908 units valued at $103,125,401, in all market segments with the junior market accounting for to 1,686,917 shares valued at $7,442,746 of all trades.
The JSE Market Index lost 391.79 points to end at 159,457.63. The all Jamaica Composite Index declined 438.17 points to close at 177,163.66 and the JSE combined index slipped 364.48 points, to end at 170,643.26.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 8 stocks with bids higher than their last selling prices and 4 with lower offers.
At the end of market activities, Barita Investments lost 3 cents to close with 10,000 shares changing hands at $3.05, Berger Paints gained 30 cents to land at $4.35 while 3,799 units were traded, Cable & Wireless, had 749,037 units traded to close at $1.20, Caribbean Cement slipped 39 cents to close at $21.61 after trading 251,750 units. Carreras closed with a loss of 55 cents at $63.50 with 101,010 shares traded, Ciboney Group gained 5 cents to close at 25 cents with 531,720 shares trading, Grace Kennedy lost 3 cents to close at $124.97 with 386,164 units changing hands. Jamaica Broilers ended with a loss of 27 cents with 425,810 units changing hands to close at $14.23, The Jamaica Stock Exchange traded 108,510 share with increased investors’ interest in the stock following reports that the company could be considering a stock split, the stock gained 5 cents to close at $20.80, with the bid closing at $21. JMMB Group traded 257,114 units to close at $9.80. National Commercial Bank ended with 73,282 units changing hands at $42, Pan Jamaican Investment Trust closed with 6,602 shares trading at $26. Sagicor Group ended with 657,784 shares changing hands at $23, Sagicor Real Estate Fund traded 2,400 shares to close with a loss of 2 cents at $10.12. Scotia Group had 12,910 shares changing hands but lost 89 cents to close at $30.61, Scotia Investments ended with 14,500 shares trading, gaining of 45 cents, to close at $26.45, Seprod traded 55,679 shares, but fell 5 cents, to $16.50. Supreme Ventures ended trading with 11,400 units at $4.40 with a loss of 10 cents and Proven Investments 8% preference share traded 600,000 units at $5, after adding 20 cents.
JSE majors end week with a fall – Friday
June 24, 2016 by IC Insider.com
Filed Under: JSE Main Market, Stock Market Tagged With: Barita Investments, Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Ciboney, Daily Trading, Grace Kennedy, Jamaica Broilers, Jamaica Stock Exchange, Jamaican Stock, JMMB Group, Kingston Wharves, National Commercial Bank, Pan Jamaican, Proven Investments, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Seprod, Supreme Ventures, Trading Activity
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