In today’s trading on the Jamaica Stock Exchange the prices of 7 stocks rose and 7 declined as 25 securities traded resulting in 1,471,306 shares trading valued at $4,633,311.
Main Market| 6 companies in the main market advanced and 5 declined as the indices gained with the JSE Market Index increasing 588.46 points to 70,821.20 and the JSE All Jamaican Composite index rose 658 points to close at 77,899.17.
Gains| Stocks recording gains at the end of trading in the main market are Carreras trading 10,877 shares to close with a gain of 1.15 cents at $35.25, Grace Kennedy traded 7,000 units and gained 50 cents to close at $54, Jamaica Broilers 6,700 shares to rise by a cent to close at $4.71, Kingston Properties 5,680 units to increase 50 cents to close at $4, Sagicor Group 11,446 shares and gained 15 cents to close at $8.90 and Sagicor Real Estate Fund 9,800 rose 10 cents to close at $6.70.
Firm| The stocks in the main market to close without a change in price are Caribbean Cement with 1,000 shares closing at $2.70 Gleaner with 45,000 shares to close at $1.10, Jamaica Money Market Brokers 7,000 units to end at $7, Jamaica Producers 500 shares to close at $18.24, Cable & Wireless 74,877 shares at 28 cents, Mayberry Investments 140,020 units to close at $1.80, Scotia Investments 944 units and closed at $23 and Supreme Ventures 97,337 shares at $2 at the close.
Declines| The number of stocks that declined in the main market are Kingston Wharves with 8,600 shares while losing 15 cents to end at $5.05, National Commercial Bank lost 3 cents to close at $17.47 with 18,618 units changing hands, Radio Jamaica 31,392 shares to close at $1.29 for a 1 cent decline, Salada Foods 16,000 shares as the price closed 20 cents at $7.60 and Scotia Group 6,400 hares after losing 10 cents to close at $19.10.
Preference Shares| There were two shares in the preference sector to trade, with Jamaica Money Market Brokers 8.75% preference share with 665,425 units trading at $3.03 without change and Proven Investments 8% preference share 11,500 units to close unchanged at $5.09
Junior Market| The JSE Junior Market Index declined by 1.74 points to close at 736.20 as only 4 stocks traded with 1 advancing and 2 declining.
Gains| Caribbean Producers was the only stock to gain at the end of trading in the junior market as company traded 12,000 units to close with a 20 cents at $2.85.
Firm Trades| Derrimon Trading with 12,500 units and closed at $2.28 and was the sole stock in the junior market that traded to close at the same price as the day before.
Declines| Stocks declining in the junior market at the end of trading are Consolidated Bakeries with 132,000 shares as the price lost 5 cents to close at 85 cents and Lasco Manufacturing traded 138,690 units to close with a 4 cents loss at $1.06.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than the last selling price and 6 stocks with offers that were lower.
