Large $3B trades for JSE on Friday

VM Wealth were the lead broker on Friday.

VM Wealth were the lead broker on Friday.

Trading on the Jamaica Stock Exchange surged on Friday to more than $3 billion with stockbroker, Victoria Mutual Wealth Management involved in several high volume crosses on Friday, mainly in the morning session. The trades by the brokerage house accounted for the bulk of the stocks that traded on Friday. The heavy trading did not help the Jamaica Stock Exchange market indices, with losses recorded for the three major ones.
At the close of the market prices of 16 securities gained out of a total of 45 securities that traded, with 15 declining in the overall market, including 9 stocks, rising and 6 falling in the junior market.
Trading closed with 210,179,795 units valued at $3,020,175,411 changing hands, in all market segments. The junior market accounted for 35,774,696 units, valued at $989,215,841 of all trades. Today’s trading in equivalent to approximately one month’s trading on the Jamaica Stock Exchange and will therefore Boost the stock exchange’s income for the September quarter.
The JSE Market Index declined by 178.20 points to end at 162,382.57, the all Jamaica Composite Index fell 199.29 points to close at 180,434.80 and the JSE combined index slipped 57.67 points, to end at 173,709.89.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 9 stocks with bids higher than their last selling prices and 3 with lower offers.
In market activity, Berger Paints traded 434,736 shares to end at $5, Cable & Wireless traded 37,248,887 shares and closed at $1.10, Caribbean Cement climbed 90 cents in trading 2,944,476 shares to close at $26.90, Carreras rose 1 cent, while trading 874,902 shares to end at $66.02. JSE Sum 19-08-16The price of 1834 Investments declined by 1 cent to close at $1.29, in trading 1,111,097 shares, Grace Kennedy ended at $45 with 6,820,320 shares changing hands, Jamaica Broilers fell 2 cents with 4,558,519 shares changing hands, to end at $14.98, Jamaica Producers rose 25 cents to close at $8.50 with 8,387,030 units trading. Jamaica Stock Exchange had 74,900 units changing hands to close at $21.50, to record a loss of $2.50, JMMB Group traded 9,784,841 units to end with a loss of 2 cents at $9.84. Kingston Properties gained 11 cents in trading 537,135 units to close at $9.11, Mayberry Investments gained 13 cents with 1,341,876 shares trading, to close at $3.95, National Commercial Bank had 10,312,619 units changing hands, to close at $41. Pan Jamaican Investments shed 1 cent to close at $24.99 after trading 1,505,043 shares, Portland JSX traded 10,455,000 shares and fell 2 cents to end at $11.48, Radio Jamaica lost 11 cents in trading 57,805,532 shares to end at $1.55, JSE fn qts 19-08-16Sagicor Group closed with 6,674,410 shares changing hands at $21. Sagicor Real Estate Fund traded 398,371 shares and fell 13 cents, to close at $10.12, Salada Foods traded 598,045 units and declined by 1 cent, to end at $8.19, Scotia Group rose $1.70 while trading 8,639,508 shares, to end at $31.70, Scotia Investments with 1,026,990 shares traded closed at $26. Seprod gained 1 cent, to close at $19.01 with 23,904 shares changing hands, Sterling Investments had 2,673,905 units trading to end at $13, Proven Investments ordinary share traded 69,200 units at 19.95 US cents, down by a fraction of a US cent and Jamaica Public Service 9.5% preference share with 99,931 units trading to close at $1,247.

Only 2 TTSE stocks rose & 3 fall – Thursday

JMMB Group one of the two stocks to gain on TTSE on Thursday.

JMMB Group one of the two stocks to gain on TTSE on Thursday.

Trading activity on the Trinidad and Tobago stock market continued with relatively low volumes when it closed on Thursday with 14 securities changing hands resulting in 132,758 shares valued at $3,006,849 traded. At the close, 2 stocks rose, 3 declined and 8 remained unchanged, leading to marginal changes in all the market indices. Two stocks closed at 52 weeks’ lows and one at a 52 weeks’ high.
The Composite Index gained 0.67 points to close at 1,151.80, the All T&T Index lost 1.07 points to close at 1,813.46 and the Cross Listed Index rose 0.33 points to at 65.24.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 4 stocks with bids higher than their last selling prices and 3 with offers that were lower.
Gains| JMMB Group ended with 64,571 shares changing hands to close 4 cents higher at 64 cents and Tobago Trinidad and NGL rose by just 1 cent with 1,000 shares changing hands at $23.76.
Losses| Prestige Holdings traded 5,365 shares to close 10 cents lower at $10.80, Readymix dropped 65 cents to close at a new 52 weeks’ low of $11.60 with 160 shares changing hands and Unilever Caribbean dived $1.32 with 5,000 shares trading to close at a 52 weeks’ low of $63.
TTSE sum 18-08-16 Firm Trades| Ansa McAl traded only 29 units to end at $62, First Citizens traded 4,328 units at $35, Clico Investment Fund ended at $22.65 with 13,717 shares trading, Grace Kennedy contributed 1,729 shares, to close at $2.20, Massy Holdings ended with 10,000 shares valued at $549,800 changing hands to end at $54.98. Republic Financial Holdings closed at $109.98 with 10,100 shares at a value of $1,110,521 changing hands, Trinidad Cement traded 13,610 shares to close unchanged at $3.05 and West Indian Tobacco had 3,149 shares changing hands at $126.31.

JSE jumps again on Thursday

Scotia Group dropped by $2.43 on the JSE on Thursday.

Scotia Group dropped by $2.43 on the JSE on Thursday.


The Jamaica Stock Exchange surged for the second straight day with all three main indices closing sharply higher at the end of trading on Thursday, even as Scotia Group fell back by $2.43 as well as National Commercial Bank and Sagicor Group by $1 each. Gains in Carib cement, Jamaica Broilers, Portland, Sagicor X Fund and Supreme Ventures offset the big losers.
At the close of the market prices of 17 securities gained out of a total of 40 securities that traded, with 16 declining in the overall market, including 6 stocks, rising and 6 falling in the junior market.
Trading closed with 9,321,811 units valued at $97,260,492 changing hands, in all market segments. The junior market accounted for 3,881,493 units, valued at $11,818,736 of all trades.
JSE Sum 18-08-16The JSE Market Index jumped 865.34 points to end at 162,560.77, the all Jamaica Composite Index climbed 967.74 points to close at 180,834.09 and the JSE combined index surged 898.41 points, to end at 173,767.56.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 12 stocks with bids higher than their last selling prices and just 1 with a lower offer.
At the end of market activities, Berger Paints traded 85,404 shares to end at $5, Cable & Wireless traded 211,098 shares and closed at $1.10 after falling 5 cents, Caribbean Cement climbed 75 cents in trading 7,400 shares to close at $26, Carreras rose 1 cent, in trading 141,600 shares to end at $66.01. The price of 1834 Investments declined by 10 cents to close at $1.30, in trading 96,436 shares, Grace Kennedy ended at $45 with 49,232 shares changing hands, Jamaica Broilers rose 49 cents with 3,000 shares changing hands, to end at $15, Jamaica Producers rose 5 cents to close at $8.25 with 885,713 units trading. Jamaica Stock Exchange had 12,000 units changing hands to close at $24, and record a gain in price of $2.50, JMMB Group traded 500,479 units to end with a loss of 1 cent at $9.86. Mayberry Investments lost 28 cents with 43,869 shares trading, to close at $3.82, JSE fn qts 18-08-16 National Commercial Bank had 179,619 units changing hands, to close at $41 after falling by $1.Pan Jamaican Investments shed 20 cents to close at $25 after trading 12,977 shares,Portland JSX traded 462,413 shares and rose 50 cents to end at $11.50, Pulse Investments traded 25,000 shares to close at $3.86, Radio Jamaica lost 4 cents in trading 292,253 shares to end at $1.66, Sagicor Group shed $1 with 1,027,275 shares changing hands at $21. Sagicor Real Estate Fund traded 350,000 shares and climbed 25 cents to close at $10.25, Scotia Group dropped $2.43 while trading 4,815 shares to end at $30, Seprod gained 10 cents to close at $19 with 320,579 shares changing hands. Supreme Ventures gained 29 cents and ended at $4.99, with 393,464 units changing hands and Jamaica Money Market Brokers Ltd 7.50% preference share, traded 324,092 units at $2.09.

5 TTSE stocks gain 3 fall – Wednesday

Grace Kennedy shares ended at a 52 weeks' closing high on the Trinidad & Tobago  Stock Exchange on Wednesday.

Grace Kennedy shares ended at a 52 weeks’ closing high on the Trinidad & Tobago Stock Exchange on Wednesday.

Trading activity on the Trinidad and Tobago stock market continued with low volumes but with an increase in the number of securities trading and when it closed on Wednesday, 14 securities changed hands resulting in 269,639 shares valued at $1,882,575 being traded. At the close, 5 stocks rose, 3 declined and 6 remained unchanged, leading to marginal changes in all the market indices. One stock closed at 52 weeks’ lows and one at a 52 weeks’ high.
The Composite Index gained 2.84 points to close at 1,151.13, the All T&T Index advanced 2.58 points to close at 1,814.53 and the Cross Listed Index rose 0.42 at 64.91.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with 5 stocks with bids higher than their last selling prices and 5 with offers that were lower.
Gains| Angostura Holdings ended with 7,049 shares changing hands to close 49 cents higher at $14, Grace Kennedy contributed 22,529 shares, gaining 23 cents in trading, to close at a 52 weeks’ high of $2.20. Guardian Holdings with 18,340 shares changing hands, gained 2 cents to end at $13.57, Prestige Holdings traded 271 shares to close 10 cents higher, at $10.90 and Scotiabank gained 12 cents to close with 1,284 shares changing hands at $55.70.
TTSE sum 17-08-16 Losses| Clico Investment Fund lost 5 cents to end at $22.65 with 8,400 shares trading, Sagicor Financial Corporation with 56,503 shares being traded for $392,181, lost 4 cents, to close at $6.94 and One Caribbean Media lost 9 cents to close at a 52 weeks’ low of $20.80 with 3,100 units changing hands.
Firm Trades| Ansa Merchant Bank traded 1,858 units to end at $40, National Enterprises ended with 1,000 shares changing hands to close at $10.50, National Commercial Bank contributed 37,000 shares to close at $2.65. National Flour ended with 103,852 shares changing hands to close at $2.31, Trinidad and Tobago NGL closed with 23,451 shares valued at $556,961, changing hands at $23.75 and Trinidad Cement ended at $3.05 with 1,000 shares changing hands.

JSE surges on Wednesday

Scotia Group jumped $3.42 on the JSE on Wednesday.

Scotia Group jumped $3.42 on the JSE on Wednesday.

The Jamaica Stock Exchange recorded a surge in the two main indices at the end of trading on Wednesday as Scotia Group jumped $3.42, National Commercial Bank gained $1.75 and Sagicor rose by $1. In the end, the prices of 10 securities gained out of a total of 27 securities that traded, with 9 declining in the overall market, including 3 stocks, rising and 3 falling in the junior market.
Trading closed with 4,964,196 units valued at $46,303,821 changing hands, in all market segments. The junior market accounted for 1,960,611 units, valued at $11,818,736 of all trades.
The JSE Market Index jumped 1,243.35 points to end at 161,695.43, the all Jamaica JSE Sum 17-08-16Composite Index surged 1,390.50 points to close at 179,666.35 and the JSE combined index climbed 1,075.20 points, to end at 172,869.15.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 15 stocks with bids higher than their last selling prices and 7 with lower offers.
At the end of market activities, Cable & Wireless traded 1,444,611 shares, with the price range for the day, being a low of $1 and a high of $1.16 but it closed at $1.15, Caribbean Cement fell 26 cents in trading 10,175 shares to close at $25.25. Carreras rose 50 cents, in trading 28,721 shares to end at $66, the price of 1834 Investments remained unchanged at $1.40, in trading 99,165 shares, Grace Kennedy fell $1 and ended at $45 with 73,530 shares changing hands,JSE fn qts 17-08-16 Jamaica Broilers traded with the price unchanged with 170,389 shares to end at $14.51. Jamaica Producers rose 20 cents to close at $8.20 with 496,696 units trading, Jamaica Stock Exchange had 2,600 units changing hands to close at $21.50, JMMB Group traded 17,438 units to end at $9.87. Kingston Wharves traded 1,000 shares to close at $16 after rising 45 cents, National Commercial Bank had 25,262 units changing hands, to close at $42 after rising by $1.25. Pan Jamaican Investments shed 10 cents to close at $25.20 after trading 32,999 shares, Sagicor Group gained $1 with 1,010 shares changing hands at $22. Scotia Group jumped $3.42 while trading 575,810 shares to end at $32.43 after opening at $29.01 and Seprod fell 9 cents and closed at $18.90 with 20,904 shares changing hands.

JSE falls on Tuesday

 NCB fell $1.25 to help the JSE indices fall .

NCB fell $1.25 to help the JSE indices fall .

The Jamaica Stock Exchange recorded losses in the two main indices at the end of trading on Tuesday. In the end, the prices of 17 securities gained out of a total of 41 securities that traded, with 15 declining in the overall market, including 8 stocks, rising and 4 falling from the junior market.
Trading closed with 6,763,382 units valued at $72,594,150 changing hands, in all market segments. The junior market accounted for 1,683,513 units, valued at $7,988,309 of all trades.
The JSE Market Index fell 164.30 points to end at 160,452.08, the all Jamaica Composite Index lost 183.75 points to close at 178,275.85 and a sharp rise in the prices of junior market stocks helped push the JSE combined index up by 687.44 points, to end at 171,793.95.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 11 stocks with bids higher than their last selling prices and 4 with lower offers.
JSE Sum 16-08-16At the end of market activities, Barita Investments lost 20 cents and ended trading 40,000 units, to close at $2.80, Berger Paints fell 16 cents in trading 8,500 units, to close at $5, Cable & Wireless traded 122,850 shares but gained 5 cents to close at $1.15, Caribbean Cement fell $1.49 in trading 7,350 shares to close at $25.51. Carreras rose 45 cents, in trading 171,221 shares to end at $65.50, the price of 1834 Investments gained 2 cents, in trading 62,658 shares, to end at $1.40, Grace Kennedy fell 50 cents and ended at $46 with 216,244 shares changing hands, Jamaica Broilers dropped 49 cents in trading 41,665 shares to end at $14.51. Jamaica Producers rose 10 cents to close at $8 with 6,971 units trading, Jamaica Stock Exchange had 42,200 units changing hands to close at $21.50, JMMB Group traded 2,537,927 units to end with a rise of 1 cent at $9.87. Kingston Wharves traded 8,200 shares to close at $15.55 after rising 45 cents, JSE fn qts 16-08-16Mayberry Investments gained 15 cents and ended with 10,086 shares trading to close at $4.10, National Commercial Bank had 62,942 units changing hands, to close at $40.25 after falling $1.25. Pan Jamaican Investments gained 10 cents to close at $25.30 after trading 50,062 shares, Radio Jamaica gained 5 cents to close at $1.70 after 59,429 shares changed hands, Sagicor Group fell 50 cents with 246,165 shares changing hands at $21, Sagicor Real Estate Fund traded 25,500 shares but lost 22 cents to close at $10. Scotia Group traded 11,402 shares to end at $29.01 after rising by 1 cent, Supreme Ventures closed at $4.70 with 1,232,612 shares changing hands, Proven Investments ordinary share traded 8,300 units at 19.97 US cents compared to 19.98 US cents on Monday and JMMB Group 7.50% preference share traded 87,835 units at $1.10.

JSE stocks end with gains – Monday

Exchange place The Jamaica Stock Market main market made gains in the two main indices at post losses at the end the close of trading on Monday. At the end of trading with the prices of 14 securities gaining out of a total of 46 securities that traded, with 19 declining in the overall market, including 5 stocks, rising and 9 falling from the junior market.
Trading closed with a volume of 3,417,026 units valued at $37,563,031 changing hands, in all market segments. The junior market accounted for 1,526,008 units traded, valued at $8,120,692 of all trades.
The JSE Market Index climbed 531.05 points to end at 160,616.38, the all Jamaica Composite Index gained 593.90 points to close at 178,459.60 and a sharp fall in the prices of junior market stocks pressured the JSE combined index in losing 330.86 points, to end at 171,106.51.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the JSE Sum 15-08-16Investor’s Choice bid-offer indicator reading showed 11 stocks with bids higher than their last selling prices and 4 with lower offers.
At the end of market activities, Barita Investments ended trading with 396,428 units, to close at $3, Berger Paints climbed 36 cents in trading 3,766 units, to close at $5.16, Cable & Wireless traded 156,837 shares but lost 5 cents to close at $1.10, Caribbean Cement fell 99 cents in trading 5,403 shares to close at $27. Carreras fell $1.22, in trading 5,028 shares to end at $65.05, the price of 1834 Investments gained 3 cents, in trading 43,192 shares, to end at $1.38, Grace Kennedy ended at $46.50 with 210,612 shares changing hands, Jamaica Broilers dropped 54 cents in trading 1,720 shares to end at $15. Jamaica Producers dropped 30 cents to close at $7.90 with 87,115 units trading, Jamaica Stock Exchange had just 300 units changing hands to close at $21.50, JMMB Group traded 162,686 units to end at $9.86. JSE fn qts 15-08-16 Kingston Wharves traded 37,739 shares to close at $16 after rising 45 cents, Mayberry Investments ended with 5,937 shares trading to close at $3.95, National Commercial Bank had 111,022 units changing hands, to close at $42 after falling 50 cents. Pan Jamaican Investments lost 10 cents and closed at $25.20 after trading 7,635 shares, Radio Jamaica fell 8 cents to close at $1.65 after 70,322 shares changed hands, Sagicor Group rose 5 cents with 79,743 shares changing hands at $21.50, Sagicor Real Estate Fund traded 500 shares but gained 22 cents to close at $10.22. Scotia Group traded 26,125 shares to end at $29 after rising by $1.90, Supreme Ventures loss 10 cents to $4.70 with 221,427 shares changing hands, Proven Investments ordinary share traded 210,900 units at 19.98 US cents.

Scotia drops to $26.50 on JSE – Friday

Scotia Group dropped $2.95 to close at $27.10 on Friday.

Scotia Group dropped $2.95 to close at $27.10 on Friday.

The Jamaica Stock Market main market reversed the gains in the main market indices in the morning session, to post losses at the end of trading on Friday. At the end of trading with the prices of 17 securities gaining out of a total of 41 securities that traded, with 16 declining in the overall market, including 4 stocks, rising and 6 falling from the junior market.
The highlight for the day was a decline in Scotia Group that decline as low as $26.50 after trading as high as $30.50 earlier in the day and a new closing high For Grace Kennedy at $46.50.
Trading closed with a volume of 8,091,772 units valued at $189,128,218 changing hands, in all market segments. The junior market accounted for 1,111,273 units traded, valued at $85,439,536 of all trades.
The JSE Market Index slipped by 47.45 points to end at 160,085.33, the all Jamaica Composite Index declined by 53.06 points to close at 177,865.70 and the JSE combined index gained 241.72 points, to end at 171,437.37.
JSE Sum 12-08-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 12 stocks with bids higher than their last selling prices and 3 with lower offers.
At the end of market activities, Barita Investments gained 30 cents and ended trading with 10,000 units, to close at $3, Berger Paints climbed 25 cents in trading 6,200 units, to close at $4.80. Cable & Wireless traded 3,489,351 shares but lost 15 cents to close at $1.15, after the company posted a higher loss, in the first quarter to June, compared with the 2015 quarter. Caribbean Cement jumped $1.99 and traded 40,612 shares to close at $27.99. Carreras climbed $1.27, in trading 4,658 shares to end at $66.27, the price of 1834 Investments fell 1 cent, in trading 11,417 shares, to end at $1.35, Grace Kennedy jump $3.50 and ended at a new 52 weeks’ closing high of $46.50 with 1,444,035 shares changing hands. Jamaica Broilers gained 54 cents in trading 80,032 shares to end at $15.54, Jamaica Producers gained 1 cent to close at $8.20 with 34,372 units trading, Jamaica Stock Exchange lost 50 cents with 107,756 units changing hands to close at $21.50, JMMB Group traded 4,701 units and rose 1 cent to end at $9.86. Mayberry Investments ended with 8,863 shares trading to close at $3.95 for a gain of 35 cents, JSE fn qts 12-08-16National Commercial Bank had 319,018 units changing hands, to close at $42 after falling 2 cents. Pan Jamaican Investments lost 20 cents and closed at $25.30 after trading 4,659 shares, Radio Jamaica rose 1 cent to close at $1.57 after 2,321 shares changed hands, Sagicor Group rose 45 cents with 45,612 shares changing hands at $21.45, Sagicor Real Estate Fund traded 15,000 shares but fell 22 cents to close at $10. Scotia Group traded 356,705 shares to end at $27.10 after dropping sharply by $2.95, Supreme Ventures loss 10 cents to $4.80 with 174,506 shares changing hands, JMMB Group 7.50% preference share traded 780,800 units at $1.10 and Jamaica Money Market Brokers 7.25% preference share traded 22,063 units at $2.40.

Trading picks up on JSE – Thursday

Grace Kennedy shares ended at a 52 weeks' closing high on the Jamaica Stock Exchange on Thursday.

Grace Kennedy shares ended at a 52 weeks’ closing high on the Jamaica Stock Exchange on Thursday.

The Jamaica Stock Market main market reversed the declines in the indices in the morning session, to post gains at the end of trading on Thursday. Volumes and value of stocks trading climbed and ended with the prices of 18 securities gaining out of a total of 42 securities that traded, with 11 declining in the overall market, including 7 stocks, rising and 5 falling from the junior market.
Trading closed with a volume of 16,218,913 units valued at $102,627,645 changing hands, in all market segments. The junior market accounted for 10,281,786 units traded, valued at $56,990,702 of all trades.
The JSE Market Index moved up 262.45 points to end at 160,132.78, the all Jamaica Composite Index rose 293.50 points to close at 177,918.76 and the JSE combined index gained 153.96 points, to end at 171,195.65.
JSE Sum 11-08-16 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 13 stocks with bids higher than their last selling prices and one with a lower offer.
At the end of market activities, Barita Investments regained 15 cents and ended with 253,650 units traded, to close at $2.70, Berger Paints fell 1 cent and ended with 71,099 units traded, to close at $4.55, Cable & Wireless traded 242,363 shares to close at $1.30, Caribbean Cement traded 40,674 shares to close at $26. Carreras lost $1, in exchanging 519 shares to end at $65. The price of 1834 Investments rose 1 cent, in trading 118,820 shares, to end at $1.36, Grace Kennedy rose $1.33 and ended at a new 52 weeks’ high of $43 with 309,186 shares changing hands, Jamaica Broilers traded 14,851 shares to end at $15, Jamaica Producers gained 59 cents to close at $8.19 with 29,843 units trading. Jamaica Stock Exchange lost $1.50 with 12,310 units changing hands at the closed, at $22, JMMB Group traded 510,704 units and fell 5 cents to end at $9.85, Mayberry Investments ended with 298,808 shares trading to close at $3.60 for a fall of 40 cents, National Commercial Bank had 59,409 units changing hands, to close at $42.02 after gaining 2 cents. JSE fn qts 11-08-16138 Student Living ordinary share traded at $4.60 while 10,450 shares changed hands with a rise of 1 cent, Portland JSX traded 12,050 units at $12, Radio Jamaica lost 9 cents to close at $1.56 after 320,389 shares changed hands, Sagicor Group lost 25 cents with 23,472 shares changing hands at $21. Scotia Group traded 278,313 shares to end at $30.02 after rising by 3 cents. Seprod jumped $1.85 while trading 11,253 shares to close at $19, Sterling Investments ended trading 395,000 units to close at $13 after rising by 49 cents, Supreme Ventures gained 10 cents to $4.90 with 72,500 shares changing hands and JMMB Group 7.50% preference share traded 2,842,800 units at $1.10.

Volume up sharply on JSE – Thursday

The Jamaica Stock Exchange lost ground in early Thursday morning trading with a number of stocks trading high volumes. Leading with volume are Lasco JSE Intra - 11-08-16rManufacturing that traded 4,046,000 units at $5, Medical Disposables with 157,858 units at $3.50. Barita Investments traded 213,650 down to $2.50, Grace Kennedy had 303,578 shares trading at $41.68, Sterling Investments traded 395,000 units at $13 and JMMB Group 7.50% preference share traded 2,842,800 units at $1.10.
The market indices all fell in the main but inched up for junior markets, with 14 stocks gaining versus 11 that fell.
The all Jamaica Composite Index fell 690.47 points to 176,934.79 the Jamaica Stock Exchange Market Index dropped 617.40 points to 159,252.93 the Jamaica Stock Exchange combined index lost 538.03 points to close at 170,503.66 points and the junior market index rose 3.37 points to 2,220.72.
At 11 am 23 securities traded, resulting in a volume of 8,615,067 shares changing hands. The average number of shares traded amounts to 246,145 units compared to 29,387 units on Wednesday.