Trading in JSE main market slips – Thursday

Trading on the Main Market of the Jamaica Stock Exchange ended on Thursday with 21 securities changing hands, 7 advanced, 7 declined and 5 traded firm with 3,984,045 units valued at $54,400,232 compared to 4,352,178 units valued at $47,081,186 on Wednesday.
The US dollar market index rose 16.05 points to 177.21 as 3 securities traded with 1 gaining and 1 declining with a volume of 121,007 units valued at US$42,576. Trading in both markets lead to a volume of 4,105,052 units valued at J$59,786,120.
The JSE All Jamaican Composite Index declined by 100.62 points to close at 311,667.00 and the JSE Index declined by 91.68 points to close at 283,963.89.
Trading ended with an average of 189,716 units for an average of $2,590,487 in contrast to 167,391 units for an average of $1,810,815 on Wednesday. The average volume and value for the month to date amounts to 326,475 units valued at $4,922,799 and 356,050 units valued at $5,384,915, previously. In contrast, October closed with an average of 1,185,251 units valued at $16,528,582 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ended with bids higher than their last selling prices and 2 with lower offers.
Major movements took place in, Caribbean Cement that jumped $2.49, NCB Financial Group climbing $1.90, Scotia Group losing $1.30, Sterling Investments finishing with a loss of $1 while Radio Jamaica traded 2.2 million shares at a new 52 weeks’ low of $1.