Supreme Ventures was the leading trade on the Jamaica Stock Exchange on Thursday with 20 million shares changing hands. The main market indices gave up more ground at the close as the number of active declined from recent trading levels. The all Jamaica Composite and the JSE index dropped just under 1,000 points on Thursday.
A total of 28 securities changed hands, in all market segments with 8 stocks rising while 12 declined. Trading amounted to 31,536,849 units valued at $201,190,464 changing hands, in all markets, the junior market accounting for 8,096,759 units valued at $8,096,759.
The JSE Market Index fell 868.35 points to end at 148,138.55, the all Jamaica Composite Index dropped 971.13 points to 164,504.76 and the JSE combined index declined 57.60 points, to close at 157,461.72.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 17 stocks with bids higher than their last selling prices and 6 with lower offers.
At the end of market activities, Cable & Wireless rose by 2 cents to close at $1.30, in trading 117,468 units. Caribbean Cement rose 89 cents to close at $20 with 2,812 shares changing hands, Carreras ended trading with a loss of $1.01 while trading 103,826 shares, to close at $64.99, Jamaica Broilers had 9,631 units changing hands, to close with a gain of 35 cents at $14.05. JMMB Group had 2,030,315 shares changing hands with a loss of 8 cents to end at $9.52, Kingston Wharves traded 52,190 shares to close at $11.30 after falling 5 cents, Pan Jamaican Investments traded 100,000 units as the price slipped by 58 cents to $89.42. Sagicor Group fell 5 cents in ending with 1,004,310 shares changing hands to close at $22.45 and Supreme Ventures fell 10 cents with 20,005,000 shares trading to end at $5.
Volumes up prices down on JSE – Thursday
April 21, 2016 by IC Insider.com
Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Cable & Wireless, Caribbean Cement, Carreras, Daily Trading, Jamaica Broilers, Jamaica Stock Exchange, Jamaican Stock, JMMB Group, Kingston Wharves, Pan Jamaican, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Supreme Ventures, Trading Activity
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