138 Student Living traded 12.5 million shares valued at $66.25 million Friday on the Jamaica Stock Exchange with the stock ending at an all-time high of $5.30 after rising by 20 cents in a trading session that saw over 300 points being cut from the main market indices.
The number of securities changing hands remained high with 44 changing hands on Friday, in all market segments. At the close, 16 securities in the combined markets gained and 13 declined.
Five stocks closed at 52 weeks’ highs and two traded at intraday high as 17,493,274 units valued at $112,767,164 changed hands in all markets. The junior market accounted for 1,058,983 units changed hands, valued at $6,002,466.
The JSE Market Index fell by 318.51 points to 156,706.56 the all Jamaica Composite Index closed with a loss of 355.96 points to end at 174,084.71 and the JSE combined index declined 246.21 points to close at 168,047.15.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator declined from an elevated level on Thursday with the current reading of only 8 stocks with bids higher than their last selling prices and 2 with lower offers.
In trading, Barita Investments traded 10,000 shares and lost $1.97 to close at $4.03, Berger Paints closed at $3.60 as 107,349 units traded, Cable and Wireless ended with 205,751 units changing hands to close with a gain of 2 cents at $1.51, Caribbean Cement fell $2.50 to close at $22, with 223,713 shares changing hands. Carreras rose $3.05 in trading 15,369 shares at $63.05, for a new 52 weeks’ high, Ciboney lost 2 cents in trading 502,380 shares at 24 cents, Gleaner traded 15,000 units at a loss of 28 cents at $2.40, Grace Kennedy gained $3.50 and closed at $84, with 89,111 units changing hands. Jamaica Broilers closed at $13.50 with 260,019 shares changing hands. Jamaica Producers ended with 8,270 shares trading, to close at $31, Jamaica Stock Exchange rose 4 cents to close at $19.70 while trading 109,420 shares,
JMMB Group traded 108,518 units to end with a loss of 1 cent at $11. Kingston Wharves traded 6,992 units to close at $11. Mayberry Investments traded 48,924 shares and lost 17 cents to close at $4.70. National Commercial Bank ended with a gain of $1.80 at $43 with 76,733 units changing hands, Pan Jamaican Investments closed at $96 with 4,382 shares trading. Radio Jamaica traded 405,020 shares but fell 60 cents to $4.20, Sagicor Group rose by $1.25 to close at $23.25 with 240,545 units changing hands, Scotia Group had 286,042 shares changing hands to close at $30.41, Supreme Ventures traded at an intraday 52 weeks’ high of $6 but ended at $5.50 with 983,022 units changing hands. Proven Investments ordinary share traded 113,047 units at 22 US cents, down by 0.99 US cents on Friday and Proven Investments preference share traded 104,100 units at $5.
138 Student Living big Friday sale
January 22, 2016 by IC Insider.com
Filed Under: JSE Main Market, Stock Market Tagged With: Barita Investments, Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Gleaner, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Kingston Wharves, Mayberry Investments, National Commercial Bank, Pan Jamaican, Proven Investments, Sagicor Group, Scotia Group
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