Scotia Investments ended at a 52 weeks’ high on Monday of $34.30.
The market closed with activity in 39 securities, leading to a subdued volume of 6,541,969 units valued at $26,641,867 changing hands, in all market segments. A total of 15 securities rose and 13 declined with 4 stocks ending at 52 weeks’ closing highs and an additional 2 trading at intraday 52 weeks’ high. The JSE Market Index climbed 1,059.99 points to 140,808.00, the all Jamaica Composite Index rose 1,184.60 points to end at 156,317.17 and the JSE combined index gained by 822.50 points to end at 147,371.08.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of only 12 stocks with bids higher than their last selling prices and one with a lower offer. In trading,Cable and Wireless closed with 1,550,252 units changing hands and lost 19 cents to close at $1.40, Caribbean Cement traded 43,041 shares changed hands at $16.10 with a loss of 40 cents, Carreras gained $2.98 to end at $59.98, with 2,031 units trading.
Desnoes & Geddes ended with 32,700 shares trading at $30, Gleaner traded 50,000 shares at $2, Grace Kennedy traded 6,200 shares and closed with a gain of 10 cents at $75.10, Jamaica Broilers traded 62,175 shares to close at $7.50 after losing 99 cents. Jamaica Producers rose $3.50 while trading 19,074 shares to end at $30, The Jamaica Stock Exchange had 43,930 shares changing hands to end at $13.50, JMMB Group rose by 90 cent while trading 95,500 shares to close at $10.90. Kingston Wharves gained 24 cents and ended with 51,500 shares changing hands at $11.49, Mayberry Investments closed with 54,845 units trading for a loss of 40 cents and ended at $4, National Commercial Bank closed with a rise of 49 cents as 52,776 shares changed hands to end at $37.50. Pulse Investments traded 44,000 shares, at a new 52 weeks’ closing high of $3.65, the price rose 65 cents, Radio Jamaica declined by 20 cents with 34,895 shares trading and ended at $4.85.
Sagicor Group rose 45 cents in trading 127,678 units at $17 at the close, Sagicor Real Estate Fund ended with 51,000 shares trading at $10. Scotia Group ended with 5,950 shares changing hands, closed with a gain of 19 cents to end at $26.50, Scotia Investments jumped sharply by $7.30 and ended at $34.30 with 50,182 shares changing hands, but traded as low as $28. Seprod rose 4 cents to $18.55 with 6,237 shares trading, Supreme Ventures ended at $4.95 after rising 20 cents with 93,445 shares changing hands, Jamaica Money Market Brokers 7.50% preference share traded 105,000 units at $2 and Jamaica Money Market Brokers 8.50% preference share traded 1,143,883 units with a gain of 6 cents to end at $3.55.
