Cable and Wireless fell by a further 9 cents to 85 in early trading on Tuesday with 589,169 units. The stocks now has bid of 82 cents to buy 300,000 shares on the offer is 60,000 units at 85 cents. In the wider market JMMB Group traded 1,013,700 units at $10, National Commercial Bank traded 248,000 units at $32.50 down from the last traded price of $36 on Monday.
Radio Jamaica jumped to a new high of $5, Knutsford Express Services traded 5,780 shares at a new high of $7 and Lasco Manufacturing with 322,996 units closed at a new high of $4.the company’s results for the September quarter was released with rising to $497 million from $269 million in 2014. Scotia Group rose $1.51 with 760,907 units trading $28.50.
Trading resulted in 27 securities changing hands with a volume of 4,770,662 units as 15 stocks gained and 4 declined and a number of new all-time highs were reached with the Jamaica Stock exchange.
The Jamaica stock market after 90 minutes of trading, recorded gains in the indices. The All Jamaican Composite index gained 370.46 points to 147,056.49 JSE Market Index rose 331.50 points to 132,521.46 the JSE combined index climbed 629.28 points to be at 137,471.38 and the junior market index rose 35.42 points to its highest level of 1,383.19.
C&W falls 9 cents to 85 cents in morning session
November 3, 2015 by