Scotia Investments suffered big drop on Friday.
The All Jamaica Composite Index plummeted 6,139.33 points to close at 248,635.35, the JSE Market Index dropped 5,489.64 points to finish at 226,698.73 while the JSE US dollar market index gained 3.00 points to close at 231.17.
At the close 18 securities changed hands with 1 trading in the US dollar. In the main market, 7 stocks advanced and 5 declined. The US dollar market recorded no price change.
Trading levels in main market ended at 3,117,227 units valued at $95,348,879 compared to 90,132,738 units valued at $1,840,545,568 at the close on Thursday. Trading in the US dollar market accounted for 85,600 units valued at US$26,904, bringing the total traded in both markets to $98,798,014.
The main market ended trading with an average of 173,179 units for an average value of $5,297,160 traded, compared to an average of 3,605,310 units for an average value of $73,621,823 on the previous trading day.
The average volume for the month to date ended at 1,103,492 units versus 2,033,805 units on the prior trading dayThe average volume and value for February, ended at 223,938 units and $1,379,459.
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 7 stocks with bids higher than their last selling prices and 2 with lower offers.
In market activity, Barita Investments closed at $7 trading 587 shares, Cable and Wireless lost 10 cents, closing at $1.40 with 204,500 shares traded, Caribbean Cement closed at $36, gaining 50 cents with an exchange of 6,335 shares. Carreras traded at $72, with 37,074 units changing hands, Grace Kennedy closed at $41.67 with trades of 326,371 units, Jamaica Broilers closed at $14.18, losing 82 cents with 10,000 units changing hands, before the company released third quarter results with strong gains in the latest quarter.
Jamaica Producers lost 10 cents to close at $17 trading 309,509 shares, Jamaica Stock Exchange traded 278,128 shares at $7.80, JMMB Group closed at $19.95, gaining 95 cents with 49,414 units exchanged after trading as low as $16.29 during the day, National Commercial Bank declined 70 cents to close at $62.30, after swapping 229,081 units, Pulse Investments gained $1.55 to close at a 52 weeks’ high of $8.55 with 5,000 units changing hands, Radio Jamaica closed at $1.80, with a 1 cent gain and 109,729 units traded. Sagicor Group closed at $35, with an exchange of 107,230 shares, Scotia Group gained $1, closing at $40 trading 1,323,228 shares, Scotia Investments closed at $34, losing $5 with trades of 23,555 shares, Seprod closed at $40, with an exchange of 580 shares, Sterling Investments gained 70 cents to close at a 52 weeks’ high of $18.20 with 1,000 units changing hands, Supreme Ventures closed at $6.08, gaining 8 cents trading 95,906 shares and Proven Investments added 2 US cents to close at 32 US cents with trades of 85,600 ordinary shares.
In market activity, Barita Investments closed at $7 trading 1,500 shares, Berger Paints gained $1.40 to close at a 52 weeks’ high of $14 trading 25,712 units, Cable and Wireless closed at $1.50 with gains of 15 cents and 321,552 shares traded, Caribbean Cement closed $2.50 lower at $35.50 with an exchange of 5,300 shares. Carreras lost $2 trading at $72, with 6,682 units changing hands, Grace Kennedy closed at $41.67 with trades of 17,013 units, Jamaica Broilers gained 50 cents to close at $15 with 19,700 units changing hands, Jamaica Producers closed at $17.10 with gains of 10 cents trading 130,718 shares, Jamaica Stock Exchange lost 10 cents to close at $7.80 with an exchange of 277,240 shares. JMMB Group closed at $19 while losing 59 cents with 388,575 units being exchanged, Kingston Properties advanced $1.55 to close at a 52 weeks’ high of $15.55 trading just 2,000 units, Kingston Wharves dropped $3.50 to $30, in an exchange of 34,503 shares, Mayberry Investments closed at $5.30, losing 52 cents with only 3,200 units traded. National Commercial Bank declined $1.50 to $63, after swapping a big block of 16,216,132 units, 138 Student Living closed at $4.50 trading 2,008 units, Pan Jamaican closed at $37 with 173,447 shares changing hands, Radio Jamaica closed at $1.79 with trades of 234,048 units.
Sagicor Group closed at $35, with a loss of 60 cents and an exchange of 1,367,358 shares, while Sagicor Real Estate Fund closed at $10.50, with gains of 3 cents and a large volume of 70,119,164 shares changing hands, Scotia Group closed at $39 trading 71,318 shares, Scotia Investments closed at $39 with trades of 10,000 shares, Seprod closed at $40, with an exchange of 202 shares, Supreme Ventures closed at $6, gaining 30 cents with 535,366 shares changing hands. Margaritaville Turks closed at 30 US cents trading 1,666 shares, Proven Investments lost 2 US cents to close at 30 US cents with trades of 70,366 ordinary shares. JMMB 7.5% preference share lost 1 cent to close at $2.15 with 100,000 units changing hands and JMMB Group US 6% preference traded at $1.11 with an exchange of 30,000 units.
Index advanced 3,287.75 points to finish at 233,503.31 and the JSE US dollar market index gained 18.12 points to close at 238.66.
Sagicor Real Estate Fund closed 22 cents higher at $10.47 with 2,100 units changing hands, Scotia Group closed at $44, with gains of $5.49 trading 456,247 shares, Scotia Investments traded 1,600 shares at $39.50, Seprod lost 49 cents to close at $40.51 with trades of 16,229 shares. Sterling Investments traded at a 52 weeks’ high of $17.50 with gains of $1.30 and an exchange of 1,000 units, Supreme Ventures closed at $5.70, losing 30 cents with 405,888 shares being exchanged, Proven Investments gained 2 US cents to close at 32 US cents trading 859,891 ordinary shares. JMMB 7.5% preference share closed at $1.75 with gains of 4 cents and 3,296 units changing hands, JMMB Group 7.5% preference share gained 2 cents trading 114,502 units at $1.07 and JMMB Group US$ 6% preference share closed at US$1.10 with trades of 12,000 units.
National Commercial Bank rose to $63, gaining 24 cents after swapping 21,089 units, 1834 Investments traded 15,369 shares to close 1 cent higher at $1.75, Pan Jamaican closed $1.05 higher at $36, with an exchange of 128,130 shares, Portland JSX traded 6,730 units at $10.60, Pulse Investments closed at $7.50 with 20,074 shares changing hands, Radio Jamaica fell 21 cents to close at $1.60 trading 19,391 units. Sagicor Group closed at $36.50, gaining 25 cents with trades of 5,079 units, Sagicor Real Estate fund closed 75 cents lower to $10.25 with 292,712 units changing hands. Scotia Group closed at $38.51, losing $1.71, trading 702,136 shares, Seprod traded 1,600 shares at $41, Supreme Ventures closed at $6 with 124,293 shares traded, while Trinidad Cement closed at $63 with trades of 100 units. Proven Investments closed at 30 US cents trading 77,435 ordinary shares and JMMB Group 7.5% preference share traded 27,229 units at $1.05.
Mayberry Investments gained 10 cents to close at $5.40 with trades of 8,660 units. National Commercial Bank rose to $62.76, gaining $1.76 after trading 44,809 units, Pan Jamaican lost 5 cents, closing at $34.95 with an exchange of 16,070 shares, Portland JSX traded 4,000 units at $10.60, Pulse Investments closed at $7.50, gaining 50 cents with 12,285 shares changing hands, while Radio Jamaica gained 11 cents to close at $1.81 trading 34,902 units. Sagicor Group closed at $36.25 with trades of 37,239 units, Sagicor Real Estate fund closed 50 cents higher at $11 with 98,288 units changing hands. Scotia Group closed higher to $40.22 gaining 22 cents trading 2,450 shares, Seprod traded 8,782 shares at $41 for a loss of $4.10, Supreme Ventures closed at $6 with 265,951 shares traded. Proven Investments closed at 30 US cents trading 109,810 ordinary shares, JMMB 7.5% preference share closed at $1.71, with 368,000 shares traded and JMMB Group 7.5% preference share traded 23,484 units at $1.05.
Holdings lost 50 cents to close at $15 with trades of 19,040 shares, National Commercial Bank closed at $3.60, losing 1 cent with an exchange of 6,735 units. Republic Financial Holdings closed $2.65 lower to $106.35 with 6,050 units traded at a value of $631,713 and Trinidad & Tobago NGL declined 60 cents to close at $22.65 with 3,250 units changing owners.
Mayberry Investments lost 2 cents to close at $5.30 with 173,148 shares changing hands. National Commercial Bank closed lower at $61.50 with a loss of 50 cents, after swapping 78,916 units, 138 Student Living closed at $4.60 trading 17,254 shares. Pan Jamaican closed trading lower at $38.50 with a loss of $1.50 while exchanging 42,799 shares, Pulse Investments closed at $6.80 with 10,200 shares changing hands, Radio Jamaica added 1 cent to close at $1.86 trading 31,741 units. Sagicor Group gained 20 cents to close at $37.30 with trades of 144,110 units while Sagicor Real Estate fund lost 55 cents, closing at $10.45 with an exchange of 13,650 units. Scotia Group closed at $40.50 having traded 38,867 shares, Scotia Investments closed lower at $38, losing $2 trading 113,463 units, Seprod traded 1,000 units at $38.55 with gains of $5.95, Supreme Ventures closed 10 cents higher at $5.60 with an exchange of 26,455 shares. Proven Investments closed with gains of 1.5 US cents to 31.5 US cents trading 9,768 ordinary shares, Jamaica Money Market Brokers 7.5% preference closed at $2.06 with trades of 3,466 shares and JMMB Group 7.5% preference closed at $1.05 trading 12,500 units.
Prestige Holdings closed at $10.86, losing 14 cents with 4,744 units changing hands, Trinidad & Tobago NGL lost 1 cent trading to close at $23.65 with 13,188 units valued at $311,900 and Unilever Caribbean declined $7 to a 52 weeks’ low of $51 with 2,120 shares changing owners.
Kingston Wharves slid $1, closing at $30 trading 3,910 units, Margaritaville Turks lost 1 US cent to close at 35 US cents with an exchange of 18,163 shares, Mayberry Investments lost 8 cents, closing at $5.32 with 18,223 shares changing hands, National Commercial Bank closed lower at $62, losing 80 cents, after swapping 42,384 units. Pan Jamaican closed trading at $40 with gains of 50 cents and an exchange of 35,650 shares, Portland JSX gained 5 cents to close at $11 trading just 240 units, Pulse Investments closed at $6.80 with 6,688 shares changing hands, Radio Jamaica lost 5 cents to close at $1.85 trading 272,339 units. Sagicor Group closed at $37.10, climbing $2.10 with trades of 62,195 units, Sagicor Real Estate fund lost 30 cents, to close at $11 with an exchange of 87,762 units. Scotia Group gained $1.50, closing higher at $40.50 having traded 27,020 shares, Scotia Investments closed at $40, with a fall of $1 while trading 5,825 units, Sterling Investments traded 5,000 shares at $16, for a gain of 35 cents, Supreme Ventures closed at $5.50 with an exchange of 209,312 shares. Proven Investments closed at 30 US cents trading 66,913 ordinary shares and JMMB Group 7.5% preference share fell 2 cents to close at $1.05 trading 501,812 units changing hands.
Financial Holdings closed 25 cents lower to a 52 weeks’ low of $103 with an exchange 1,548 shares. Scotia Investments lost 4 cents trading 59,817 units to close at $2.15 and Scotiabank declined $1.25 to $57.50 with 177 shares changing hands.
