NCB helped pull the JSE down by more than 3,000 points in closing at $28.02 on Friday.
At the close, the JSE Market Index fell 680.29 points to 97,761.47, for the week the index lost 3,047.20 points. The JSE All Jamaican Composite index dived 760.37 points on Friday and 3,405.92 for the week to close at 108,210.06 and the JSE combined index dropped 731.14 points for the day and 3,285.21 points for the week, to end at 101,078.60.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading that reflects continuation of declining stocks having the upper hand over advancing ones with 8 stocks with bids higher than their last selling prices and 8 with offers that were lower.In trading, Caribbean Cement had 87,642 units changing hands at $8, Carreras traded 163,263 shares at $50, Desnoes & Geddes traded 1,732,428 shares at $7, Gleaner closed with 18,416 shares and rose 12 cents to $1.92. Jamaica Broilers traded at $5.62 with 203,100 shares changing hands for a loss of 23 cents, JMMB Group traded 254,309 shares for a fall of 45 cents to $7.50,
Kingston Wharves ended with 6,000 shares changing hands to close at a 52 weeks’ high of $7.20 for a gain of 4 cents. National Commercial Bank traded 390,891 shares to end lower by 98 cents to $28.02, Palace Amusement traded 6,300 shares at $88 to add $13, Proven Investments ordinary share traded 320,000 units at 20.55 US cents, up 1.05 cents. Sagicor Group with 134,976 shares changing hands, closed 5 cents higher at $13, Scotia Group traded 166,559 units to close at $24, up 25 cents. Supreme Ventures ended at $3.30 with 15,253 units to be down by 5 cents and Jamaica Money Market Brokers 7.50% preference share traded 486,000 units at $2.
