JSE pulled back early Friday

Trading in the early morning session on the Jamaica Stock Exchange, has been moderate, with four stocks trading more than 100,000 units with Jetcon Corporation having 654,721 shares trading at $3, JMMB Group 7.5% preference share trading 529,000 units at $1.04 followed by Kingston Wharves with 500,000 shares trading with a loss of $1.50 at $11.50 and Scotia Group with 247,061 units at $30.50. The trade in Jetcon Corporation left only three sell order in the system, starting at $3.15.
After 75 minutes of trading, on Friday, the average volume traded amounts to 92,039 units per active stock, compared to an average of 104,305 units in the mid-morning session on Thursday.
Trading resulted in activity in 25 securities, accounting for 2,300,975 shares changing hands as 8 stocks gained and 12 declined.
The market saw the all Jamaica Composite Index dropped 1,680.04 points to 168,659.85, the JSE Market Index fell 1,502.22 points to 151,853.87, the JSE combined index ended with a fall of 1,652.77 points to 162,685.65 and the junior market index fell 25.23 points to 2,127.68.