12 stocks rose 5 fell on JSE Wednesday

Carreras closed at a new 52 weeks’ high on Wednesday as investors pushed the stock to $45 at the close.

Wednesday’s activity on the Jamaica Stock Exchange, resulted in the prices of 12 stocks rising, 5 declining as 25 securities changed hands, ending in 7,797,647 units trading, valued at $31,654,420, in all market segments.
Main Market| The JSE Market Index gained 493.53 points to 78,307.17, the JSE All Jamaican Composite index rose 551.80 points to 86,269.36 and the JSE combined index gained 431.35 points 80,233.08.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 10 stocks with bids higher than their last selling prices and 3 with offers that were lower.

Kingston Properties closed up 50 cents to $7.50 on Wednesday

Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Caribbean Cement closing with 36,956 units while gaining 16 cents to $2.41. Carreras closed with 57,242 units with a gain of $2 to a new 52 weeks’ high of $45, Kingston Properties closing with 100,000 shares trading 50 cents higher to $7.50, National Commercial Bank ended trading with 23,030 shares with an increase of 5 cents to $20.50. Radio Jamaica closing with 2,405 shares while gaining 1 cent to $1.11, Sagicor Group finishing with 448,735 shares as the price moved up 5 cents, to $10.30 and Sagicor Real Estate Fund trading 45,120 shares to end with an increase of 10 cents to $6.80.
Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless closed with 13,017 shares changing hands to close at 50 cents, Grace Kennedy had 32,532 units trading at $60, Jamaica Broilers closed with 11,229 shares changing hands at $4.05, Jamaica Money Market Brokers ending with 2,369 shares trading at $7, Mayberry Investments ending with 3,765 units trading at $2, Pan Jamaican Investment finished with 43,700 shares changing hands at $53.

Declines| The last traded prices of stocks with losses at the close of the main market are, Desnoes & Geddes closing with 6,000 units, the price slipped 3 cents to $4.82, Proven Investments finishing with 120,400 units, ended 1 cent down to 19 US cents and Scotia Investments in trading 10,400 shares closed lower by 44 cents, to $22.56.
Preference| Brokers 8.75% preference share ended trading with 1,040,303 units changing hands and gained 8 cents to $3.10, a 52 weeks’ high and Jamaica Money Market Brokers 7.50% preference share finished with 716,489 units trading at $2.