JSE stocks close down – Wednesday

Barita fell 23% to $2.55 on Wednesday.

Barita fell 23% to $2.55 on Wednesday.

The Jamaica Stock Market ended on Wednesday with prices of 14 securities gained out of a total of 41 securities that traded, with 16 declining in the overall market, including 7 stocks, rising and 6 falling from the junior market.
The market closed with a volume of 6,620,191 units valued at $189,128,218 changing hands, in all market segments. The junior market accounted for 496,276 units traded, valued at $3,940,720 of all trades.
The JSE Market Index fell 857.54 points to end at 159,870.33, the all Jamaica Composite Index dropped 959.02 points to close at 177,625.26 and the JSE combined index declined by 577.97 points, to end at 171,041.69.
JSE Sum 10-08-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 10 stocks with bids higher than their last selling prices and none with a lower offer.
At the end of market activities, Barita Investments dropped 75 cents and ended with 260,923 units traded, to close at $2.55, but the bid is at $2.70 to buy 50,000 units at the close. Cable & Wireless rose 4 cents in trading just 58,240 shares to close at $1.30, Caribbean Cement fell 50 cents in trading 28,605 shares to close at $26. Carreras lost 45 cents, in exchanging 11,755 shares to end at $66, Grace Kennedy closed at $41.67 with 104,170 shares changing hands, Jamaica Broilers traded 30,190 shares to end 1 cent higher at $15. Kingston Wharves lost 45 cents with 6,500 units changing hands and closed at $15.55, Mayberry Investments ended with 37,620 shares trading to close at $4 for a rise of 77 cents, National Commercial Bank had 2,001,602 units changing hands, to close at $42. JSE fn qts 10-08-16 Pan Jamaican traded 4,440 shares to end at $25.50, Radio Jamaica gained 5 cents to close at $1.65 after 20,800 shares changed hands, Sagicor Group rose 15 cents with 5,521 shares changing hands at $20.75, Sagicor Real Estate Fund lost 28 cents in trading 325,920 shares to close at $10.22. Scotia Group traded 2,909,713 shares to end at $30.02 after falling by 88 cents, Scotia Investments declined by 50 cents with 62,232 units changing hands at $26, Seprod traded 14,954 shares to gain 5 cents and close at $17.15, Supreme Ventures fell 30 cents to $4.80 with 42,771 shares changing hands. Proven Investments ended trading only 111 units to close at 15.10 US cents, down from 19.96 US cents and JMMB Group 7.50% preference share traded 184,000 units at $1.10.

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