13 stocks gained Friday on JSE

Gleaner's stock is poised to drop with the offer priced below the last selling price.

Gleaner’s stock is poised to drop with the offer priced below the last selling price.

The first week of December ended on a positive note on the Jamaica Stock Exchange, resulted in the prices of 13 stocks rising and only 4 declining as 23 securities changed hands, ending in 4,223,152 units trading, valued at $133,823,856, in all market segments.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had 4 stocks with bids higher than their last selling prices and 6 stocks with offers that were lower. Included in the list of stocks closing with lower bids than the last selling price is the Gleaner Company with an offer to sell 47,850 shares at 95 cents, compared with the last traded price of 99 cents.JSE sum 5-12-14 There were no bids to buy at the end of trading as the stock seems set to trade at a new 52 weeks’ low when it next trades.
Main Market| The JSE Market Index gained 597.83 points to 75,366.92, the JSE All Jamaican Composite index rose 668.46 points to close at 82,982.00 and the JSE combined index gained 576.45 points to close at 77,152.08.

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