Moderate JSE trading – Friday

Friday’s activity on the Jamaica Stock Exchange saw moderate trading taking place, resulting in the prices of 8 stocks rising, 8 declining as 25 securities changed hands, ending in only 751,397 units trading, valued at $3,640,271, in all market segments.
Main Market| The JSE Market Index lost 33.26 points to close at 81,107.95, the JSE All Jamaican Composite index fell 37.18 points to 89,400.76 and the JSE combined index declined by 137.46 points to 82,801.92.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator is showing a fluidity in price movements with 7 stocks with bids higher than their last selling prices and 6 stocks with offers that were lower.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Carreras closing with an increase of 45 cents to $44.50 as only 210 units traded. Gleaner finished with a mere 1,000 shares changing hands, the price jumped at 10 cents to 95 cents, Mayberry Investments finished trading with 35,551 units to end with an increase of 5 cents to $2 and Scotia Group saw trading in 2,897 shares as the price jumped at $1 to $22.
Firm| The stocks in the main market to close without a change in the last traded prices are, Caribbean Cement closing with 1,050 shares changing hands at $2.60, Desnoes & Geddes ending with 3,000 units traded at $5.50, Grace Kennedy finishing with 5,000 shares at $60.51. Jamaica Broilers ending with 19,937 shares changing hands to close $4.05, Jamaica Producers finished with 1,000 units trading at $17, Radio Jamaica ended trading with 816 units to close at $1.35 and Sagicor Group closed with 199,800 shares at $10.50.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Cable & Wireless closed with 29,952 units trading as the price slipped 2 cents to 48 cents, Jamaica Money Market Brokers in trading 7,936 ordinary shares ended 19 cents lower at $6.91, Jamaica Stock Exchange closing with 3,000 units trading slipped 15 cents to $2, Kingston Wharves closed with 3,750 shares changing hands to close lower by 10 cents to $6.40 and Pan Jamaican Investment had only 128 units trading to end down 73 cents to $52.78.
Preference| Jamaica Money Market Brokers 7.50% preference share traded 118,650 units at $2.