Moderate JSE main market trading – Wednesday

Declining stocks had the upper hand on advancing ones on the main market of the Jamaica Stock Exchange as the market indices fell for yet another day, as the volume and value of stocks trading declined from Tuesday’s out turn.
The main market ended with 1,635,588 units valued at $49,600,589 trading, compared with 4,528,396 units valued at $129,629,406 changing hands on Tuesday. A total of 29 securities changed hands in the main and US dollar markets, with prices of 10 rising, 12 declining and 7 remaining unchanged compared to 26 securities trading on Tuesday.
At the close of the market, the All Jamaican Composite Index lost 825.99 points to 408,916.97 and the JSE Index declined 752.57 points to close at 372,569.62.
Trading resulted in an average of 62,907 units valued at over $1,907,715, in contrast to 181,136 units valued at $5,185,176 on Tuesday. The average volume and value for the month to date, amounts to 113,717 units with a value of $3,126,711, compared to 119,777 units with a value of $3,292,648, previously. November closed, with an average of 405,528 valued at $7,755,942, for each security traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator reading shows 5 stocks ending with bids higher than the last selling prices and 4 closing with lower offers.
In main market activity, Barita Investments gained 90 cents and closed at $32.90, with an exchange of 11,147 shares, Berger Paints ended $1 lower at $18, with 9,656 stock units changing hands, Caribbean Cement shed $2 and finished trading 21,766 shares at $44, Grace Kennedy added $1 and ended trading 40,681 shares at $60, Jamaica Producers finished trading of 13,376 units with a rise of $2 to close at $27, Jamaica Stock Exchange closed with a fall of 50 cents at $9.50, in trading  79,523 shares, JMMB Group jumped $2.45 and ended trading 114,693 shares at $34.97. Kingston Wharves closed at $76, with a rise of $1.80 in trading 16,745 stock units, Mayberry Investments lost 50 cents and settled at $9, with 105,050 units changing hands, NCB Financial Group dropped $1.99 to $145.01 in ending trading of 74,419 shares, PanJam Investment jumped $7.15 to close at $69.65, with an exchange of 215,881 stock units, Sagicor Group fell 70 cent in trading 42,406 shares at $42, Sagicor Real Estate Fund added 99 cents to close at $10.99, with 295,149 shares changing hands, Scotia Group gained 99 cents trading 35,316 units to close at $55, Seprod traded 31,423 shares after rising 60 cents to close at $32, Supreme Ventures lost 45 cents and ended at $15.55, with 88,058 shares changing hands, Sygnus Credit Investments rose 44 cents and ended at $10.50 with 5,696 shares changing hands.
Trading in the US dollar market amounted to 8,525 units valued at $2,059 as MMB Group 5.75% preference share closed with just with 180 units trading but fell 10 cents to US$2, Proven Investments traded 7,200 units at 22 US cents and  Sygnus Credit Investments lost 1 cent and ended at 10 US cents with 1,145 shares changing hands. The JSE USD Equities Index declined by 0.20 points to close at 170.27.