The Main Market of the Jamaica Stock Exchange indices, after jumping sharply by more than 6,000 points on Tuesday, lost some ground on Wednesday as the JSE All Jamaican Composite Index dropped 1,818.81 points to 312,823.97 and the JSE Index declined 1,657.14 points to 285,018.02.
Main and US market activities ended with 6 stocks rising, 11 declining and 12 trading firm as 29 securities traded versus 26 on Tuesday in the main market and 1 in the US market.
Main market activity ended with much lower volume than on Tuesday. A total of 2,074,587 shares valued at $32,079,634 traded at the close, in contrast to 3,559,954 shares valued at $75,487,760 on Tuesday.
Trading in the US dollar market ended with 22,200 units changing hands with a value of US$4,884. The JSE US Equities Index closed with a rise of 0.19 points to end at 171.26 with 1 ordinary stock trading.
Market activity resulted from Proven Investments trading 22,200 ordinary shares at 22 US cents.
Market activity ended with 74,092 units for an average of $1,145,701 in contrast to 136,921 units for an average of $2,903,375 on Tuesday. The average volume and value for the month to date amounts to 241,276 units valued at $5,727,239 and previously 252,112 units valued at $6,043,987. December closed with average of 686,156 units valued at an average of $8,654,832 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 6 stocks ended with bids higher than their last selling prices and 1 with a lower offer.
Major price changes saw, JMMB Group falling by $1 to $25, Kingston Wharves falling 78 cents to $32.78, PanJam Investment slipped 89 cents to $39 and Proven Investments Preference share falling 85 cents to $5.05.
For more details of market activities see – JSE volume down from Tuesday’s levels.
Trading on the main market activity ended on Wednesday was moderate with the highest volume traded of any stock being just over 386,000 units. At the close 28 securities changed hands, leading to trading of just 2,074,587 shares valued at $32,079,634.
Scotia Group finished trading at $52.95, with 74,200 shares, Sterling Investments ended at $13, with 100 shares, Supreme Ventures concluded trading 48 cents higher at $11.98, with 80,718 stock units. Victoria Mutual Investments Limited finished 6 cents higher at $4.11, with 182,030 units, Wisynco Group settled with a loss of 1 cent at $10.70, with 386,112 shares and Sagicor Real Estate Fund ended trading 64 cents higher at $14.50, with 70,447 shares. In the main market preference segment, Jamaica Money Market traded at $2, with 1,535 stock units, JMMB Group closed at $1.10, with 95,000 shares, 138 Student Living ended at $6, with 1,485 shares, Proven Investments settled with a loss of 85 cents at $5.05, with 20,000 units.
The Junior Market of the Jamaica Stock Exchange rose for the second day, in trading on Tuesday with the Junior Market Index advancing 21.05 points to close at 2,747.16 with 22 securities changing hands, versus 18 on Monday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ending with the bid higher than the last selling price and 3 with lower offers.
ISP Finance finished at $12.08, with 4,114 shares, Jamaican Teas settled at $4.50, with 11,000 shares. Jetcon Corporation ended trading 5 cents higher at $4.05, with 84,600 stock units, KLE Group finished trading with a loss of 5 cents at $2.25, with 108,000 shares, Lasco Distributors ended with a loss of 10 cents at $3.60, with 697,680 shares, Lasco Financial concluded trading with a loss of 6 cents at $5.24, with 285,466 stock units. Lasco Manufacturing finished with a loss of 21 cents at $3.67, with 44,035 units, Main Event settled with a loss of 94 cents at $5.06, with 43,786 shares, Medical Disposables ended trading with a loss of 5 cents at $4.95, and 11,300 shares trading and Paramount Trading finished trading 48 cents higher at $3.48, with 642 stock units. In the junior market preference segment, Eppley 9.5% finished 5 cents higher at $7.25, with 35,000 shares trading.
Jamaica Broilers finished trading with a loss of 25 cents at $17.75, with 138,809 units, Jamaica Producers closed with a loss of 50 cents at $15.50, with 28,920 shares, Jamaica Stock Exchange ended at $7, with 3,839 shares, JMMB Group concluded trading $1.50 higher to $26, with 25,215 shares. Kingston Wharves climbed $3 to end at $33.50, with 15,614 units, Mayberry Investments ended trading at $6.05, with 7,600 shares, NCB Financial Group traded 41 cents higher at $100, with 498,494 shares, 138 Student Living concluded trading at $6, with 140 shares trading, PanJam Investment ended with a loss of $1.36 at $39.89, after trading 64,174 units. Pulse Investments finished trading $1.99, with 26,916 shares changing hands, Radio Jamaica finished 3 cents higher at $1.08, with 114,894 shares, Sagicor Group settled with a loss of 25 cents at $35.75, exchanging 81,183 shares,
Sagicor Real Estate Fund traded with a loss of 14 cents at $13.86, as 17,000 shares changed hands. Scotia Group traded $2.45 higher at $52.95, with 58,008 units, Seprod ended 69 cents higher at $29.50, with 401 shares. Supreme Ventures finished 50 cents higher at $11.50, with 1,560 units, Victoria Mutual Investments settled with a loss of 7 cents at $4.05, after 218,285 shares traded, Wisynco Group ended trading 1 cent higher at $10.71, with 334,820 shares and In the main market preference segment, Jamaica Money Market traded at $2, with 2,401 stock units, JMMB Group closed with a loss of 5 cents at $1.10, with 1,092,488 shares, Productivity Business preference share ended trading with a loss of $5 to $100, with 4,000 shares trading.
Prices mostly tumbled on the Main Market of the Jamaica Stock Exchange on Monday leading to the JSE All Jamaican Composite Index dived 3,788.87 points to 307,935.64 and the JSE Index dropped 3,452.09 points to 280,564.20.
Market activity resulted from JMMB 6% preference shares falling 2 cents in ending at US$1.08 with 2,000 stock units, Margaritaville rose 5 cents, concluding trading of 1,750 units at 25 US cents, Productivity Business finished trading at 55 US cents with 870 shares and Proven Investments trading 1,500 ordinary shares at 22 US cents.

Radio Jamaica settled with a loss of 5 cents at $1.05, with 9,046 shares, Sagicor Group ended trading $1 higher at $36, with 676,952 stock units, Sagicor Real Estate Fund ended trading at $14, with 5,962 shares, Salada Foods traded at $12.50, with 1,735 units, Scotia Group finished trading 50 cents higher at $50.50, with 465,642 shares. Seprod closed with a loss of $1.19 at $28.81, with 874 shares, Supreme Ventures concluded trading with a loss of 25 cents at $11, with 77,665 stock units, VM Investments Limited finished 12 cents higher at $4.12, with 470,256 units and Wisynco Group settled 5 cents higher at $10.70, with 1,127,628 shares. In the main market preference segment, Jamaica Money Market traded at $2, with 10,000 stock units changing hands.
December closed with an average of 568,732 units valued at $3,447,957 for each security traded.

Caribbean Cement settled at $35, with 1,500 shares, Grace Kennedy traded at $43.45, with 3,391 stock units, Jamaica Broilers finished trading with a loss of 2 cents at $17.50, with 230,169 units. Jamaica Producers closed with a loss of $1.50 at $16.50, with 12,700 shares, Jamaica Stock Exchange ended at $7, with 24,145 shares,
NCB Financial Group traded at $99.80, with 59,009 shares, 1834 Investments finished trading 5 cents higher at $1.20, with 4,504 shares. Radio Jamaica rose 5 cents to close at $1.10, with 5,000 shares, Sagicor Group ended trading with a loss of 50 cents at $35, with 311,149 stock units, Salada Foods traded $1.50 higher at $12.50, with 220 units, Scotia Group finished trading with a loss of $2.99 to close at $50, with 637,638 shares. Seprod closed with a rise of $1.50 to $30, with 6,597 shares, Supreme Ventures concluded trading 25 cents higher at $11.25, with 1,101,640 stock units, VM Investments Limited finished with a loss of 10 cents at $4, with 462,166 units and Wisynco Group settled 15 cents higher at $10.65, with 433,313 shares. In the main market preference segment, JMMB Group 7.5% closed with a loss of 3 cents at $1.15, with 1,660,100 shares.