Trading on the Jamaica Stock Exchange closed Tuesday with losses in the market indices as trading levels remain modest.
At the close of trading, the All Jamaican Composite Index lost 622.31 points to close at 412,832.33 and the JSE Index declined by 566.99 points to close at 376,136.94.
Main market trading ended with 1,496,686 units valued at $31,571,688 compared to 1,668,337 the units valued at $33,203,631 changing hands on Monday.
The main and US dollar markets, had 27 securities changing hands, with prices of 7 rising, 8 declining with 12 remaining unchanged, compared to 31 securities trading on Monday.
Wisynco Group led trading with just 438,832 units and 29.3 percent of the day’s volume, followed by Carreras with 319,764 units or 21.4 percent of the volume changing hands and Scotia group with 157,500 units accounting for 10.5 percent of the day’s volume.
An average of 55,433 units valued at over $1,169,322, in contrast to 57,529 units valued at $1,144,953 on Monday. The average volume and value for the month to date amounts to 44,147 units valued at $1,258,519 compared to 41,450 units valued at $979,123, previously. Trading for December ended, with an average of 835,037 units with a value of $25,906,477, for each security traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator reading shows 11 stocks ending with bids higher than their last selling prices and 3 closing with lower offers.
In main market activity, Barita Investments lost $2.99 and closed at $48, with 33,604 shares traded, Caribbean Cement fell $1 and finished at $41 trading 1,487 shares, Grace Kennedy dropped $2 trading 17,309 stock units at $61, Jamaica Broilers lost $1 and finished trading 5,744 units at $28. Jamaica Producers climbed $1.44 and closed at $21.50, with 22,094 shares changing hands, Jamaica Stock Exchange added 57 cents in closing at $10.77 after trading 106,887 shares, JMMB Group dived $3.19 to conclude trading of 26,387 shares at $30.80, NCB Financial Group gained 50 cents in trading 45,234 shares at $148.50. Salada Foods rose 50 cents trading with 990 units to close at $32.50, Scotia Group traded 157,500 shares after declining 50 cents to close at $54.50, Sterling Investments gained 40 cents and ended at $4.50, with 49,495 shares trading and Supreme Ventures concluded trading at $18.49, with 66,220 stock units changing hands after climbing by 99 cents. There was no trading in the US dollar market on Tuesday.
JSE suffer losses on Tuesday
January 8, 2019 by IC Insider.com
Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Barita Investments, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Kingston Wharves, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Sagicor Group, Sagicor Real Estate Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Victoria Mutual Investments, Wisynco Group
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