Stephen Facey Chairman & Paul Hanworth Chief Operating Officer
At the close the JSE All Jamaican Composite Index fell 1,906.97 points to 450,119.93 and the JSE Index declined 1,732.92 points to 410,029.51. The main and US markets had 33 securities traded, compared to 33 on Monday leading to 14 advancing, 13 declining and 6 closing unchanged.
Trading resulted in 7,619,647 units valued $152,809,228 changing hands, compared to 3,160,151 units valued at $110,748,555 trading on Monday.
The average trade accounted for 245,795 units valued $4,929,330, in contrast to 101,940 shares valued at $3,572,534 on Monday. The average volume and value for the month to date amounts to 138,766 units valued at $10,047,538 and previously, 127,632 units valued $10,637,369. Trading for April resulted in an average of 157,923 shares at $3,718,919, for each security traded.
Wisynco Group led trading with 3 million shares, accounting for 40 percent of total main market volume, followed by Sagicor Real Estate Fund with 2 million shares and 27 percent of the day’s trades and Sagicor Group closed with 688,441 shares for 9 percent of volume traded.
IC bid-offer Indicator|The Investor’s Choice bid-offer indicator ended with a weak signal for the coming day with 4 stocks ending with bids higher than their last selling prices and 2 closing with lower offers.
In main market activity, Caribbean Cement fell $1.50 in trading of 32,271 shares to close at $78.50, Eppley lost $1.68 and ended at $11.30, trading 15,491 shares, Grace Kennedy shed 80 cents and ended trading of 103,662 shares at $60, Jamaica Broilers shed 90 cents while trading 29,786 units to end at $31.10. Jamaica Producers lost $1.89, trading 24,088 shares to close at $23.10. JMMB Group gained 85 cents in exchanging 366,450 shares, to close at $33.85, Kingston Wharves lost $5 trading 11,464 shares in closing at $65, Mayberry Jamaican Equities declined 75 cents exchanging 100,543 shares at $11, NCB Financial Group rose $2 with 107,157 shares changing hands to close at $150. PanJam Investment jumped $6 to end at a record close of $100, with 8,263 shares trading,
Pulse Investments rose 49 cents and settled at $2.99, with an exchange of 3,061 shares, Sagicor Group added $2.10 to.10 end at $46 in trading 688,441 stock units, Scotia Group rose $1 in trading 11,194 units to close at $51. Seprod gained 93 cents and ended at $45.95, with 55,694 shares changing hands, Supreme Ventures rose 36 cents to close at $31.86, with an exchange of 314,307 shares and Wisynco Group ended trading of 3,030,145 shares with a rise of 24 cents to end at $14.99.Trading in the US dollar market ended with 37,982 units valued $8,554. Proven Investments closed trading with 36,582 units and fell 1 cent in closing at 23 US cents and Sygnus Credit Investments completed trading of 1,400 shares at 10 US cents. The JSE USD Equities Index advanced by 0.34 points to close at 179.29.
