JSE suffered from uncertainty – Wednesday

Jamaica Producers traded at a 52 weeks' intraday high of $35.05 on Wednesday.

Jamaica Producers traded at a 52 weeks’ intraday high of $35.05 on Wednesday.

The Jamaican stocks continued to reflect uncertainty and profit taking on Wednesday, with rising securities numbering 14 while 9 fell as 33 changed hands in all market segments. At the close 2 stocks traded at a 52 weeks’ intraday high. A total of 6,315,130 units valued at $108,516,241 changed hands in all markets. The junior market accounted for 2,441,383 units changing hands, valued at $12,192,475.
The JSE Market Index suffered a fall of 191.17 points to 154,244.00 the all Jamaica Composite Index dropped 213.64 points to end at 171,332.67 and the JSE combined index dropped 224.85 points to close at 162,989.36. The main market recovered from losses in the indices in the morning session with the all Jamaican Composite Index dropping more than 1,000 points.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 14 stocks with bids higher than their last selling prices and 11 with lower offers.
JSE sum 02-03-16At the end of the market activities, Cable and Wireless gained 5 cents as 9,498 units changed hands to close at $1.50, Caribbean Cement rose $1.56 on Wednesday to end at $22.06 with 123,032 shares trading, Carreras closed with a gain of 50 cents at $65, while trading 216,663 units. Gleaner Company gained 5 cents to close at $2 as 101,689 shares changed hands, Grace Kennedy ended with 3,541 shares trading to close at $83 after declining by $1, the stock traded in Trinidad at the equivalent of $94 on Wednesday. Jamaica Broilers rose 50 cents after trading 566,345 units to close at $14.50, Jamaica Producers ended with 1,323,480 shares changing hands at $30, the stock traded at an intraday high of $35.05, Jamaica Stock Exchange traded 524 shares to end at $23 as the price gained $2, JMMB Group had 290,907 units changing hands to close at $10.42. Kingston Wharves had 1,361 shares trading with a fall of 13 cents at $11.31, Mayberry Investments traded 12,224 shares to close with a gain of 57 cents at $5.08, JSE fn Qts  02-03-16rNational Commercial Bank had 85,093 shares changing hands but the price rose by 14 cents to close at $40.15. 138 Student Living traded 22,500 shares at $5.80, Pan Jamaican Investments gained 80 cents while trading 33,044 units at $95, Sagicor Group rose 48 cents with 697,261 shares changing hands at $23.50, Sagicor Real Estate Fund traded 26,820 shares but the price fell 20 cents to $11.30. Scotia Group had 57,321 shares changing hands to close with a loss of 1 cent at $30.99, Scotia Investments rose $1.37 with 110,000 units changing hands at $28. Supreme Ventures fell by 9 cents and closed at $5.90 with 26,034 units changing hands and JMMB Group 7.50% preference share traded 160,000 units at $1.20.

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