Grace Kennedy traded at a new closing high of $125 on Thursday.
Grace Kennedy jumped by $7 to close at a new 52 weeks high of $125 with 196,201 shares, on a day when 38 securities changed hands in the overall Jamaica Stock Exchange on Thursday. The market closed with prices of 18 stocks in the overall market rising, 13 declining, including 8 stocks rising and 6 declining, from the junior market.
Grace was the only stock that ended at a new 52 weeks’ high. The volume and value of stocks traded amounted to 2,514,634 units valued at $45,439,974, in all market segments with the junior market accounting for 755,695 shares, valued at $3,529,737 of all trades.
The JSE Market Index fell 79.11 points to end at 159,639.97. The all Jamaica Composite Index declined 88.48 points to close at 177,367.58 and the JSE combined index rose 86.04 points, to end at 171,119.66.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading showed 13 stocks with bids higher than their last selling prices and 4 with lower offers.
At the end of market activities, Barita Investments fell by 8 cents to $3 with 53,051 shares changing hands, Berger Paints traded 5,000 shares to end at $4.50, Cable & Wireless lost 1 cent to close at $1.26 after trading 171,974units, Caribbean Cement climbed by $1 in trading 32,220 shares and closed at $22. Jamaica Broilers traded 27,829 units changing hands with a rise of 15 cents to close at $14.65. Jamaica Producers traded 5,805 shares and fell 50 cents to end at $47.50, JMMB Group gained 18 cents in trading 1,000,000 units to close at $10.
Kingston Wharves traded just 3,800 shares at $13, National Commercial Bank traded 16,497 shares at $41.15 after adding 3 cents, Pan Jamaican Investment Trust traded 26,818 shares to end at $27. Radio Jamaica closed trading with 30,600 shares with the price rising 10 cents to end at $1.85, Sagicor Group ended with 22.80 shares changing hands after falling 20 cents to $22.80, Sagicor Real Estate Fund traded 34,388 shares but fell 57 cents to close at $9.55, Scotia Group rose 20 cents to close at $31.61 with 67,829 units changing hands. Scotia Investments traded 8,895 shares, added 5 cents to close at $26.15 and Seprod traded 5,454 shares unchanged at $17.