Little price movements on Wednesday

In Wednesday’s trading on the Jamaica Stock Exchange the prices of 4 stocks rose and 3 declined as only 20 securities traded resulting in 7,422,171 shares changing hands valued at $29,572,563.
Main Market| On a day when few stocks recorded price changes, only 3 companies in the main market advanced and 3 declined as the indices moved down marginally with the JSE Market Index slipping by 40.55 points to 72,978.93 and the JSE All Jamaican Composite index easing 45.34 points to close at 80,311.88.
Gains| Stocks recording gains at the end of trading in the main market are National Commercial Bank with 6,320 shares to close with a gain of 25 cents at $18, Pan Jamaican Investment had 35,274 changing hands to close up by 14 cents to end at $48.20 and Sagicor Real Estate Fund with 20,100 units, closed with a 10 cents gain at $6.60.
Firm| 11 stocks in the main market closed without a change in price as Berger Paints traded 55,000 shares in closing at $1.67, Cable & Wireless traded 640,000 units and closed at 30 cents, Caribbean Cement 42,175 units to close at $3.50, Carreras 79,670 shares to end at $34.75, Desnoes & Geddes 400 shares to close at $4.40. Jamaica Money Market Brokers 7.50% preference share, 700,000 units at $2 and the 8.75% preference share traded 1,839,490 units at $3.03, Sagicor Group 798,136 units to close at $9.35, Scotia Group with 45,660 shares to close at $19.70, Scotia Investments 5,010 shares at $24.50 and Supreme Ventures 2,789,233 units to close at $2.10.
Declines| The stocks that declined in the main market are Jamaica Money Market Brokers with 7,382 units while losing 5 cents to end at $7.35, Kingston Properties with 13,500 shares to close with a 10 cents loss at $4 and Kingston Wharves with 80,504 shares as the price closed at $5 with a fall of 75 cents.
Junior Market| The JSE Junior Market Index declined by 0.34 points to close at 732.85 as only 3 stocks traded with 1 advancing and none declining.
Gains| Caribbean Producers was the only stock gaining at the end of trading in the junior market as 54,733 units traded to close at $3, up a cent.
Firm Trades| The stocks in the junior market that traded to close at the same price as the trading day before are Access Financial with 207,002 units at $11.50 and Dolphin Cove that closed at $8.10 with 2,582 units changing hands.
Declines| There were no stocks declining in the junior market at the end of trading on Wednesday.
IC bid-offer Indicator| At the close of the market the Investor’s Choice bid-offer indicator had 8 stocks with the bid higher than the last selling price and 6 stocks with offers that were lower.