Moderate trading on JSE – Wednesday

Pan Jamaican gained $1.95 to closed at $57 on Wednesday

Pan Jamaican gained $1.95 to closed at $57 on Wednesday

There was moderate activity on the Jamaica Stock Exchange during Wednesday’s session, resulting in the prices of 5 stocks rising, 8 declining as 19 securities changed hands, ending in 1,000,279 units trading, valued at $12,453,883, in all market segments.
Main Market| At the close, the JSE Market Index dropped 240.35 points to close at 82,309.34, the JSE All Jamaican Composite fell 268.71 points to close at 90,743.97 and the JSE Combined Index declined by 217.82 points to close at 84,003.67.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 10 stocks with bids higher than their last selling prices and 5 stocks with offers that were lower.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Gleaner closing with 50,000 units and added 5 cents to end at 95 cents. Jamaica Broilers concluding trading with 2,351 shares changing hands, gained 25 cents to $4.30, Pan Jamaican Investment finished trading with 15,330 shares traded with a gain of $1.95 to $57, Sagicor Real Estate Fund closing with 4,650 shares changing hands at 25 cents higher to $6.95 and Scotia Group concluding trading with 84,692 shares with the price rising 5 cents to $21.05.
Firm| The stocks in the main market to close without a change in the last traded prices are, Desnoes & Geddes ending trading with 2,200 shares at $5.45 and Grace Kennedy while having 66,194 shares changing hands closed at $61.JSE sum 25-3-15
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Cable & Wireless closing with 63,730 units, the price ended 2 cents down at 50 cents. Caribbean Cement finishing trading with 26,007 units, as the price slipped 5 cents to $2.25, Carreras ending with 10,560 units 10 cents off to $39, Jamaica Producers in trading 1,150 units, slipped 40 cents to $15.60. Mayberry Investments finishing trading with 40,168 shares changing hands for 2 cents lower at $2.36, National Commercial Bank had 56,063 shares changing hands for 88 cents loss to $24.11 and Sagicor Group contributing 321,714 shares to trading at 4 cents lower to $10.51.
Preference| Jamaica Money Market Brokers 8.75% preference share finishing trading with 4,450 units at $3.04.

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