Scotia Group price dropped as nine months results were soft.
Trading picked up on Thursday with value of trading increasing sharply over the low level on Wednesday, but the most prominent stock in the last two weeks, Scotia Group fell in response to lower than expected profits leading to a fall in the market indices.
The number of securities trading ended at 23 compared to 28 on Wednesday but the volume traded rose well ahead of Wednesday’s level at 6,273,419 units versus 2,295,944 units.
At the close of the market the volume of stocks changing hands and prices they last traded at, are Berger Paints exchanging 64,088 shares at $11, Cable and Wireless rising 9 cents, to $1.15 with 151,475 units, Caribbean Cement closing at $27.50 and losing 50 cents with 181,572 shares, Carreras closed at $108 with 20,739 stock units, Grace Kennedy with a loss of 5 cents, to end at $42 trading 1,480,399 shares. Jamaica Broilers dropped $1.05 to $15.75 with 696,244 shares, with investors reacting negatively to lower profit in the first quarter to July, with Net Profit from continuing operations coming in at $212.6 million versus $401.3 million. 
Jamaica Stock Exchange gained 2 cents to close at $6.51 with 288,079 shares, followed by JMMB Group that closed at $21.20, with a loss of 30 cents in exchanging 44,432 shares. Kingston Wharves ended with gains of 37 cents at $30.85 with 4,100 units, Mayberry Investments dropped 58 cents to $4.22, with 4,488 units, NCB Financial Group closed 25 cents higher to $90.25 with 44,389 shares, 138 Student Living traded 8,350 units at $4.75. PanJam Investment lost 40 cents to $33.85 with 400 units, Pulse Investments lost 5 cents, closing at $1.70 with 27,523 shares, Radio Jamaica fell by 16 cents, ending at $1.04 with 1,534,960 shares, Sagicor Group traded $1.28 higher to $34.53 with 32,438 stock units, Salada Foods gained 50 cents, ending at $8.50 trading 75,000 shares, Scotia Group closed $2 lower to $52 exchanging 182,331 units, Sterling Investments lost 10 cents to close at $11.90 with 264,322 shares, Supreme Ventures closed at $10.80, losing 20 cents with 5,722 units. Productive Business Solution US ordinary shares traded 6,820 units at 60 US cents, Proven Investments US ordinary shares closed at 23.99 US cents, with gains of 0.99 US cent, in exchanging 300,227 units and Jamaica Money Market Brokers 7.5% preference share traded 855,271 units at $2.
