Bulls take charge of JSE on Thursday
November 26, 2015 by IC Insider.com
Activity took place in 42 securities, leading to 22 securities rising and 10 declining with 4 stocks ending at 52 weeks’ closing highs and one stock closed at a 52 weeks’ low. The JSE Market Index rose 1,159.84 points to 141,106.63, the all Jamaica Composite Index climbed 1,296.19 points to end at 156,650.91 and the JSE combined index gained 1,523.05 points to end at 147,440.90.
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 8 stocks with bids higher than their last selling prices and 7 with lower offers.
In trading, Cable and Wireless closed with 1,296,078 units changing hands at $1.42 and gained of 2 cents, Caribbean Cement climbed $1 to $19 with 250,137 shares changing hands, Carreras fell $3.90 to close at $55.10 with 5,319 units trading, Ciboney did not traded but had a bid to buy 400,000 at 17 cents and just below that are bids to buy 1.9 million units at 16 cents. Desnoes & Geddes ended with 67,000 shares trading at $30, Gleaner traded 105,270 units at $1.94, Jamaica Broilers traded 1,102,100 shares to close at $8.60. Grace kenned traded 70,834 units 40 cents higher at $75.50, Jamaica Producers jumped $2 while trading 8,779 shares to end at $31 for a 52 weeks’ high, The Jamaica Stock Exchange had 43,000 shares changing hands but fell 13 cents, to end at $13.15, JMMB Group rose 5 cents while trading 161,362 shares to close at $10.25. Kingston Wharves ended with 11,638 shares changing hands at $11.47, Mayberry Investments closed with 21,830 units trading with a gain of 50 cents and ended at $4.50, National Commercial Bank closed with a rise of 18 cent as 105,002 shares changed hands to end at $37.19. Pan Jamaican Investments dropped $5 to end at $90 with 6,531 units changing hands. Pulse Investments traded 20,000 shares and ended at $3 after falling 65 cents, Radio Jamaica ended at a 52 weeks’ high of $5.50, after rising 43 cents, with 11,610 units changing hands, Sagicor Group rose 20 cents in trading 239,919 units to end at $16.70. Scotia Group had 9,055 shares changing hands and closed with a rise of 65 cents at $27, Scotia Investments jumped $5.50 to $33.50 but with only 1,000 units changing hands, Supreme Ventures had 29,320 units changing hands but the price slipped 19 cents to $4.70. Proven Investments ended at 22.9 US cents with 108,528 changing hands, Jamaica Money Market Brokers 8.50% preference share traded 107,067 units with the price jumping $1.01 to end at $4.50 and Jamaica Money Market Brokers 8.75% preference share, traded 89,000 units at $2.65.
Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Cable & Wireless, Caribbean Cement, Ciboney, Desnoes and Geddes’, Gleaner, Grace Kennedy, Jamaica Broilers, Jamaica Money Market Brokers, Jamaica Stock Exchange, JMMB Group, Kingston Wharves, Mayberry Investments, National Commercial Bank, Pan Jamaican, Proven Investments, Pulse Investments, Radio Jamaica, Sagicor Group, Scotia Group, Supreme Ventures
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