JSE stocks close down on Friday

The Jamaica Stock Exchange main market indices declined again on Friday but well below the more than 2,000 points it fell by on Thursday. In the overall market the prices of 10 securities gained out of a total of 36 securities that traded, with 17 declining, including 3 stocks, rising and 6 falling from the junior market.
The market closed with an overall volume of 3,195,511 units valued at $184,753,798 changing hands, in all market segments. The junior market accounted for 260,545 units traded, valued at $1,819,326 of all trades.
The JSE Market Index fell 196.07 points to end at 159,968.40, the all Jamaica Composite Index sunk 219.27 points to close at 177,734.93 and the JSE combined index dived 239.78 points, to end at 170,864.35.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 6 stocks with bids higher than their last selling prices and 1 with a lower offer.
At the end of market activities, Berger Paints traded 4,558 shares to end at $4.60 after gaining 4 cents, Cable & Wireless rose 6 cents in trading 175,689 shares to close at $1.26, Caribbean Cement traded 304,801 shares to close at $25.50, Carreras gained 50 cents in exchanging 1,000 shares at $66. Trading in 1834 Investments, led to a lost of 1 cent with 16,436 shares changing hands to close at $1.20, Grace Kennedy dropped $3.30 to close at $122.70 with 3,881 shares changing hands, Jamaica Producers fell 5 cents in trading 14,200 shares to end at $8.15. Jamaica Stock Exchange had 10,000 shares trading but slipped 1 cents to close at $21.99, JMMB Group traded 1,450 units to end at $9.90, after gaining 20 cents. Kingston Wharves lost 60 cents with 8,500 units changing hands and closed at $15.40, National Commercial Bank had 66,966 units changing hands, to close with a loss of 1 cent at $42.01, Pan Jamaican traded 2,350 shares and rose 25 cents to end at $25.50. Portland JSX traded 4,000 shares and lost 5 cents to end at $12.50, Radio Jamaica lost 5 cents to close at $1.60 after 10,400 shares changed hands, Sagicor Group had 163,785 shares changing hands at $21.50, Sagicor Real Estate Fund traded 1,080 shares to close at $10.22. Scotia Group traded 404,540 shares to end at $30.60, Scotia Investments declined by 40 cents with 16,300 units changing hands at $26.10, Supreme Ventures rose 19 cents to end at $4.70, with 200,690 units changing hands. Proven Investments rose 0.99 US cent while trading 1,035,300 units to close at 19.99 US cents and Jamaica Money Market Brokers 7.5% preference share traded 484,000 units to close at $2.09 but lost 1 cent.