In today’s trading on the Jamaica Stock Exchange the prices of 7 stocks rose and 5 declined with only 23 securities traded, resulting in 2,098,406 shares changing hands valued at a mere $19,487,112.
Main Market| JSE Market Index inched down by 56.24 points to70,039.27 and the JSE All Jamaican Composite index eased by 62.89 points to close down at 77,024.83.
Gains| Stocks recording gains at the end of trading in the main market are Carreras with only 4,000 shares as the price gained 18 cents to end at $33.19, Cable & Wireless 93,020 units with the price gaining 3 cents to land at 30 cents, Scotia Group with 127,744 shares to close at $19.31 with a cent increase and its subsidiary Scotia Investments with 7,267 shares as it closed at $24, with a gain of 90 cents.
Firm| The stocks in the main market to close without a change in price are, Berger Paints with 4,773 shares to close at $1.70, Ciboney with 11,000 units in closing at 7 cents, Jamaica Broilers with 238,932 shares as the price ended at $4.57 followed by Jamaica Money Market Brokers with 8,274 ordinary shares at $6.70, Kingston Wharves 7,520 units as the price closed at $5.10, National Commercial Bank had one of the better volume days with 633,525 shares as the price closed at $18.50 but the bulk of the trade were done at $17, Radio Jamaica had 9,292 shares to close at $1.29 and Sagicor Group 308,000 units at $9.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 125,000 units to close with a 2 cents gain at $3.05, Proven Investments 8% preference share put through 64,000 shares at $5.09 and Jamaican Teas debenture note traded 7,000 units at $100 each.
Declines| The number of stocks that declined in the main market are Caribbean Cement with 22,386 shares as it lost 35 cents to end at $2.05, Grace Kennedy 310 units, declining by 50 cents to close at $53.50 and Sagicor Real Estate Fund with 5,500 units and declined 40 cents to close at $6.10.
Junior Market| The JSE Junior Market Index declined by 0.59 points to close at 711.45 as 5 stocks traded with 2 advancing and 2 declining.
Gains| Stocks recording gains at the end of trading in the junior market are Caribbean Cream with only 2,000 shares to trade 13 cents higher at the close to reach 83 cents and Lasco Manufacturing with 35,863 units to close with a 2 cents gain at $1.02.
Firm Trades| One stock in the junior market stocks traded to close at the same price as the day before, as Consolidated Bakeries with 250,000 units closed at 90 cents. Jamaican Teas junior listed bond closed at $100.
Declines| Stocks declining in the junior market at the end of trading are General Accident Insurance with 90,000 units, declined 14 cents to close at $1.36 and Lasco Distributors 43,000 units and declined 1 cent to close at $1.18.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than the last selling price and 6 stocks with offers that were lower.