On Friday Scotia Group gave a big boost to the main market index with good volume, this morning the banking group stock fell traded at $24 and swiped a big hole in the index after the market was up 354 points on the all Jamaica composite Index and 317 points on the JSE Market Index.
In the process the All Jamaica Index trades at 110,642.78 down 1,178.70 points JSE Market Index fell 1,054.54 points to 99,937.99. The combined index lost 998.45 to be at 103,638.50 and the junior market index was at 1,038.91 dropping 0.47 points.
In main market trading Grace Kennedy dropped $1 to $63, Gleaner is yet to trade but has a bid of $1.88 and an offer at $3.50 RJR on the on the other hand traded at $4. Jamaica Producers traded up to $20 by gaining $1.15, National Commercial Bank traded 37,512 shares at $30.50 and had an offer at $32.50 to sell 245 units, but the only other offers posted are at $33 to sell 503 units and at $60 for 2,000 shares.
8 stocks have declined at 10.45 am versus only 9 that rose out of just 21 that have traded carrying a volume of 1,432,928 units.
Scotia gives & takes away 1,000 points
August 10, 2015 by
