
Scotia Group dropped $3.50 to be a major factor for the market fall.
Trading on the Main Market of the Jamaica Stock Exchange ended on Tuesday with JSE All Jamaican Composite Index fell by 2,849.06 points to 314,902.05 and the JSE Index declined by 2,595.81 points to 286,911.39.
Main and US market activities ended with moderate trading levels leading to prices of 14 stocks falling, 6 rising and 9 trading firm as 29 securities traded, versus 26 on Monday, including 1 from the US market.
Main market activity ended with 1,619,946 shares valued at a mere $24,684,399 changing hands, in contrast to 2,142,032 shares valued at a mere $25,490,496 trading on Monday.
The US market closed with Proven Investments exchanging 436,300 ordinary shares, at 22.95 US cents, with a value of US$98,424 and leading to the JSE US Equities Index remaining unchanged at 174.10.
Market activity ended with an average of 57,855 shares valued at $$881,586, in contrast to 76,501 shares valued at $910,375 on Monday. The average volume and value for the month to date amounts to 138,250 units valued at $2,267,631 and previously, 167,869 units valued at $2,778,279 January closed with average of 239,900 units valued at $5,158,193 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and the US dollar markets, the Investor’s Choice bid-offer indicator reading shows 5 stocks ended with bids higher than their last selling prices and just 3 closed with lower offers.
Major price changes at the close of the market are, PanJam Investment lost $1.80, Scotia Group dropped $3.50, Seprod fell $1.18 and Sterling Investments closed at a 52 weeks’ low after falling $1.10.
For more details of market activities see – 14 stocks fall 6 rise in JSE trading – Tuesday.

Sagicor Group ended trading with a loss of 75 cents at $34.75, with 115,488 stock units, Sagicor Real Estate Fund ended trading with a loss of 95 cents at $14.95, with 40,069 shares. Salada Foods traded 1 cent higher at $10.51, with 2,950 units, Scotia Group finished trading with a loss of $3.50 at $50, with 35,767 shares, Seprod closed with a loss of $1.18 at $28.82, with 1,950 shares. Sterling Investments ended with a loss of $1.10 at a 52 weeks’ low of $10, with 11,000 shares, Supreme Ventures concluded trading with a loss of 43 cents at $11.57, with 44,956 stock units, Victoria Mutual Investments finished 5 cents higher at $4.35, with 147,585 units, Wisynco Group settled at $10.75, with 494,217 shares and In the main market preference segment, Jamaica Money Market 7.5% traded with a loss of 9 cents at $1.90, with 1,390 stock units changing hands.
The Junior Market index fell for the first time in 9 days at the close of trading on Tuesday. The market Index dropped 28.30 points to close at 2,968.34 with 20 securities changing hands versus 25 on Monday.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ending with the bid higher than the last selling price and 6 with lower offers.
The prices of 14 stocks Fourteen Trading on the main market of the Jamaica Stock Exchange pulled back sharply at the close on Monday with 2,142,032 shares valued at $25,490,496 changing hands, in contrast to 4,761,651 shares valued at $85,619,819 trading on Friday.
Carreras finished with a loss of 15 cents at $11, in exchange of 214,066 shares, Caribbean Cement settled $1 higher at $34.50, with 152,205 shares. Ciboney Group ended trading 9 cents higher at 31 cents, with 1,000 shares, Grace Kennedy traded at $43, with 45,448 stock units, Jamaica Broilers finished trading 60 cents higher at $19, with 15,283 units, Jamaica Producers closed at $16, with 500 shares. Jamaica Stock Exchange ended at $6.50, with 11,400 shares, JMMB Group concluded trading 50 cents higher at $25, with 17,444 shares, Kingston Wharves settled $1 higher at 52 weeks’ high of $35, with 2,605 units, Mayberry Investments ended trading 25 cents higher at $6.05, with 54,958 shares. NCB Financial Group traded with a loss of 1 cent at $99.99, with 42,656 shares, PanJam Investment climbed $1.85 to close at $41.85, with 313 units, Portland JSX concluded trading with a loss of 89 cents at $10.11, with 1,000 shares, Pulse Investments finished at $1.80, with 5,000 shares.
Radio Jamaica settled 5 cents higher at $1.10, with 900 shares, Sagicor Group ended trading 25 cents higher at $35.50, with 32,440 stock units, Sagicor Real Estate Fund ended trading $1.40 higher to close at a record $15.90, with 12,400 shares. Scotia Group finished trading at $53.50, with 13,109 shares, Seprod closed with a loss of $4 at $30, with 1,784 shares. Sterling Investments ended at $11.10, with 1,708 shares, Supreme Ventures concluded trading 44 cents higher at $12, with 10,100 stock units, Victoria Mutual Investments finished 10 cents higher at $4.30, with 232,213 units, Wisynco Group settled at $10.75, with 561,023 shares and In the main market preference segment, Jamaica Money Market Brokers 7.5% traded with a loss of 1 cent at $1.99, with 200,000 stock units, JMMB Group 7.5% closed with a loss of 5 cents at $1.10, with 2,814 shares trading.
Trading on the Junior Market of the Jamaica Stock Exchange ended on Monday with market Index advancing by 20.58 points to close at 2,996.64 with 25 securities changing hands versus 20 on Friday.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 2 stocks ending with the bid higher than the last selling price and 7 with lower offers.
Honey Bun ended 40 cents higher at $5.50, with 19,500 units, Iron Rock concluded trading 14 cents higher at $3, with 31,000 shares, Jamaican Teas settled 35 cents higher at $4.60, with 70,834 shares, Jetcon Corporation ended trading 70 cents higher at $4.80, with 7,130 stock units. Knutsford Express closed at $14.50, with 12,700 shares, Lasco Distributors ended with a loss of 35 cents at $4.60, with 38,158 shares, Lasco Financial concluded trading with a loss of 3 cents at $5.22, with 11,272 stock units, Lasco Manufacturing finished with a loss of 5 cents at $4.45, with 130,251 units. Main Event settled with a loss of 20 cents at $5.50, with 7,726 shares, Paramount Trading traded at $3.40, with 22,847 shares and Stationery and Office finished trading at $5, while exchanging 46,614 stock units. In the junior market preference segment, Eppley 9.5% concluded trading at $7.89, while just 300 units changed hands.
The Main Market of the Jamaica Stock Exchange ended on Friday with the JSE All Jamaican Composite Index increased 309.91 points to 315,465.77 and the JSE Index advanced by 282.36 points to 287,424.99.
Market activity ended with an average of 190,466 shares valued at $3,424,793, in contrast to 254,538 shares valued at $4,349,516 on Thursday. The average volume and value for the month to date amounts to 221,167 units valued at $3,867,890. January closed with average of 239,900 units valued at $5,158,193 for each security traded.
Trading on Jamaica Stock Exchange the pulled back when trading ended on Friday to 4,761,651 shares valued at $85,619,819, in contrast with 5,854,377 shares valued at $100,038,878 trading on Thursday.
Sagicor Group settled with a loss of 75 cents at $35.25, with 76,055 shares. Sagicor Real Estate Fund settled at $14.50, with 10,181 shares Salada Foods ended trading at $10.50, with 49,471 stock units, Scotia Group traded 50 cents higher at $53.50, with 429,195 units, Seprod finished trading 50 cents higher at $34, with 9,415 shares, Sterling Investments closed with a loss of $1.90 at 52 weeks’ low of $11.10, with 500 shares. Supreme Ventures ended with a loss of 44 cents at $11.56, with 22,220 shares, Victoria Mutual Investments concluded trading 7 cents higher at $4.20, with 585,229 stock units and Wisynco Group finished 44 cents higher at $10.75, with 677,923 units trading.
The Junior Market has gone on to record the 7 straight days with gains in the index and 9 days with just a minor loss of just a 2.24 points on January 24, breaking the trend.
IC bid-offer Indicator|At the end of trading, the Investor’s Choice bid-offer indicator reading shows 3 stocks ending with the bid higher than the last selling price and 2 with lower offers.
Banks in Jamaica make huge profits in a country with most person’s earnings just allowing them to meet minimum living standards, if not less. In short, banks are not loved as people think they prey on them. 