Sagicor Group traded 2.2 million shares on Thursday & fell $3.49 in early trading.
Sagicor Group traded 2.275 million shares and fell $3.49 to $30.01 by mid-morning on Thursday and was the main contributor to the more than 3,600 points fall in the main market of the Jamaica Stock Exchange closed in the morning session. The price recovered to close back at the closing price of the previous day but the market closed with more losses with Mayberry Investments trading more than 10 million shares with a loss of 57 cents.
The market closed on Thursday with 29 securities changing hands with 3 trading in the US dollar market. At the close, 10 stocks advanced and 10 declined. Trading levels in the main market ended at 14,040,895 units valued at $147,385,397 compared to 2,068,486 units valued at $25,621,686 at the close on Wednesday. Trading in the US dollar market accounted for 12,880 units valued at US$3,794.
The All Jamaica Composite Index dived 4,312.28 points to close at 259,935.85 and the JSE Market Index sank 3,928.98 points to finish at 236,830.99. The JSE US dollar market index added 2.34 points to close at 221.11.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 9 stocks with bids higher than their last selling prices and 4 with lower offers.
The main market ended trading with an average of 540,034 units valued at $5,668,669 per security traded, compared to an average of 86,187 units valued at $1,067,570 on Wednesday. The average volume and value for the month to date ended at 557,915 units with an average value of $7,436,562 compared with an average of 559,541 units with an average value of $7,597,279 on the previous trading day. The average volume and value for April ended at 382,748 units with an average value of $5,254,387.
In market activity, Berger Paints tumbled $4.16 to close at $19.34 in exchanging 32,091 shares, Cable and Wireless closed at $1.40, with 286,674 shares changing hands, Caribbean Cement traded 15 cents higher to close at $29.65 with 2,529 units traded, Carreras lost 20 cents, closing at $82.80 with an exchange of 100 shares, Grace Kennedy closed at $43, with trades of 44,917 units. Jamaica Broilers fell $1 and closed at $19, with 38,394 shares changing owners, Jamaica Producers closed at $15.99, with an exchange of 234,241 shares and Jamaica Stock Exchange gained 30 cents to close at $7.80 trading 11,187 shares. JMMB Group closed at $20.50, gaining 49 cents with trades of 8,300 units, Kingston Properties added $1.10 to close at $16.60 exchanging 4,650 shares, as the stock is set to start trading ex split on Friday.Kingston Wharves traded 1 cent higher to close at $31.50, with an exchange of 30,958 units, Mayberry Investments lost 57 cents to close at $4.18, with 10,252,750 shares changing hands, NCB Financial Group closed at $72, after trading 35,485 shares, PanJam Investment closed at $35.61, gaining 6 cents with trades of 411,523 shares. 
Portland JSX traded 20 cents lower to close at $10.10 with 725 shares changing hands, Pulse Investments closed at $14.40 exchanging 1,000 shares, Radio Jamaica closed at $1.69 after gaining 3 cents and trading 193,574 shares, Sagicor Group closed at $33.50 after recovering from $30.01 earlier in the day with trades of 2,292,158 shares, Sagicor Real Estate fund closed at $10.99, losing 6 cents while exchanging 13,883 units, Salada Foods lost 15 cents in closing at $7.85 with 9,000 shares being exchanged, Scotia Group closed at $41.51, losing 49 cents with 28,375 units changing hands, Scotia Investments traded 1,500 shares at $37.85, Seprod closed at $34.50, with a loss of 50 cents exchanging 5,630 shares, Supreme Ventures lost 9 cents to close at $7.40 trading of 64,251 shares. Margaritaville Turks closed at 37 US cents, gaining 3 US cents with 730 units traded, Proven Investments closed at 29 US cents trading 12,150 ordinary shares, JMMB 7.5% preference share gained 23 cents and closed at $2.05, while exchanging 2,000 units and JMMB Group 7.25% preference share gained 1 cent to close at $1.31 with trades of 35,000 units.
