The Jamaica Stock Exchange closed on Tuesday with the All Jamaican Index is now 4,000 points away from the old record 138,917.59 reached on 24th of January 2005. By the close 7 stocks ended trading at 52 weeks’ closing highs. A total of 14 stocks rose, with 10 declining as 31 securities, totaling 3,337,233 units valued at $31,552,287 changing hands, in all market segments.
JSE Market Index shot up 1,073.37 points to 121,665.93, the JSE All Jamaican Composite index gained 1,199.55 to end at 134,924.82 and the JSE combined index jumped 1,219.53 points to end at a new high of 126,352.28.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice offer indicator had a reading of 15 stocks with bids higher than their last selling prices and 3 with offers that were lower.
In trading, Cable and Wireless closed with a gain of 4 cents as 276,100 shares changed hands to end at 55 cents, Caribbean Cement gained 1 cent to end at $12.01 for a new 52 weeks’ closing high, with 12,669 shares changing hands. Desnoes & Geddes had 317,100 units changing hands, to close at $30, Gleaner traded 29,300 shares at $1.72 with a loss of 1 cent, Hardware & Lumber exchanged 12,651 shares at $17.10 to gain $2.09,
Jamaica Broilers fell of 46 cents in trading 318,500 shares to close at $7.54. Jamaica Stock Exchange had 32,622 shares trading at $8.60, JMMB Group traded 33,950 shares to close at $9, National Commercial Bank closed with a loss of 49 cents with 6,444 shares trading, to end at $31.50. Pan Jamaican traded just 1,539 shares at $65, to gain $2.49 for a 52 weeks’ closing high, Sagicor Group with 9,000 shares, closed 49 cents lower at $14.01, Sagicor Real Estate Fund with 135,265 shares, closed 51 cents up to $8.01, Scotia Group ended with 310,000 shares trading at $24.51 after shedding 69 cents. Seprod traded 2,621 shares at $14.50 with a 50 cents loss, Proven Investments ordinary share traded 240,268 units with a gain of 1 cent, to end at 23 US cents, Supreme Ventures ended at $3.75 with 42,015 units and JMMB Group 7.50% preference share exchanged 500,000 units at $2.
