Main market slips to close week

In Thursday’s trading on the Jamaica Stock Exchange the prices of 7 stocks rose and 9 declined as 28 securities changed hands, resulting in 2,930,479 shares trading valued at $16,326,411, ahead of the emancipation holiday on Friday.
Main Market| The JSE Market Index declined by 321.93 points to 71,308.03 and the JSE All Jamaican Composite index fell 359.97 points to close at 78,443.53.
Gains| Stocks with gains, volume and last traded prices, at the end of trading in the main market, are
Berger Paints with 7,338 shares to close with a gain of 4 cents at $1.66, Caribbean Cement with 2,500 units changing hands with a gain of 20 cents to end at $2.60, Carreras 14,184 shares with a gain of 49 cents to $34.20, Proven Investments 350 US dollar ordinary shares, gained 2 US cents to 18 US cents, Sagicor Group with 14,500 units, to close with a gain of 5 cents, at $9.20 and Sagicor Real Estate Fund with only 100 units, the price moved up 5 cents to $6.65.
Firm| The stocks with volume and last traded prices in the main market to close without a change in price, are Cable & Wireless with 1,927 shares at 30 cents, Grace Kennedy 1,745 shares at $56.50, Hardware & Lumber 4,550 shares at $9, Mayberry Investments 1,020 units at $1.55, Scotia Investments 7,000 units at $21 and Seprod 10,048 shares at $10.50.
Declines| The stocks with losses, volume and last traded prices, at the end of trading in the main market, are Ciboney with 40,000 shares, declining by 1 cent to 8 cents, Desnoes & Geddes 2,165 shares, down 53 cents to $4.02, Jamaica Broilers 38,680 units to close 6 cents lower at $4.57, Jamaica Money Market Brokers with 46,233 ordinary shares, declined by 9 cents to $6.96, Kingston Wharves 91,000 shares, the price declined by 25 cents to $5, National Commercial Bank with 503,434 shares, declined by 3 cents to $18.90, Pan Jamaican Investment 280 shares, with the price slipping a cent to $48.02 and Scotia Group with 8,906 shares, eased down by a cents to $19.
Preference| Jamaica Money Market Brokers 8.75% preference share, traded 251,125 units at $3, Jamaica Money Market Brokers 7.50% preference share with 1,109,863 units at $2 and Proven Investments 8% preference share with 9,700 units at $5.05.
Junior Market| The JSE Junior Market Index rose by 0.16 points to close at 610.04 as 5 stocks traded with one advancing and one declining.
Gains| Lasco Distributors is the only junior market stock gaining at the end of trading, as 500 shares traded to close 1 cents higher at $1.01
Firm Trades| Stocks in the junior market that traded to close at the same price as the day before are, Caribbean Producers 458,858 shares at $2.45, Honey Bun with 13,942 shares at $2.30 and Lasco Financial 3,340 units, to close at 90 cents.
Declines| General Accident with 287,191 shares, was the only stock declining in the junior market at the end of trading, as the price slipped by a cent to $1.36
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 13 stocks with bids higher than their last selling prices and 6 stocks with offers that were lower.