The main market indices of the Jamaica Stock Exchange declined again on Monday with the all Jamaica Composite Index jumping 1,273.92 points to 184,755.09. The JSE Market Index climbed 1,139.12 points to finish at 166,245.69 and the JSE combined index gained 1,099.99 points to end at 178,583.41 and gained at 13 percent for the year to date.
At the close 14,409,476 units valued at $129,902,890 changed hands, compared to 17,656,211 units valued at $101,436,212 changing hands on Friday. The junior market accounted for 6,697,473 units trading valued at $36,505,806 of the stocks traded.
The average trade for the day in the main market ended at 321333 units, compared to an average for the month to date of 402,684 units. On Friday, an average of 871,081 units traded with the average for the month to date at 484,035.
The market closed with 43 securities trading as the prices of 13 gained while 16 declined in the overall market, including 6 stocks rising and 6 falling, in the junior market.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 13 stocks with bids higher than their last selling prices and 5 with lower offers.
In market activity, Barita Investments gained 1 cent in trading 446,721 shares to end at $4.41, Cable & Wireless lost 5 cents closed at 85 cents with 218,904 units trading, Caribbean Cement traded 19,296 shares and gained 6 cents to close at $31.56, Carreras closed at $66 with 3,000 units changing hands. Grace Kennedy closed trading with 90,024 shares changing hands at $41.99, Jamaica Broilers closed at $14.75 after easing 1 cent, with 283,408 shares switching owners. Jamaica Producers fell 1 cent to $8.29 with 435,508 units trading, Jamaica Stock Exchange lost 58 cents and ended at $27.39 while trading 1,000 shares, JMMB Group gained 16 cents in trading 291,976 units to close at $13.66. Kingston Wharves traded 34,845 shares to close at $17, Mayberry Investments ended with 662,483 shares trading at $3.85, National Commercial Bank traded 105,250 shares to close with a fall of 16 cents at $43.33, Student Living closed at $4.71 while trading 43,800 shares and gained 1 cents. Pan Jamaican Investments gained 1 cent and closed at $22.56 after trading 84,165 shares, Portland JSX traded 549,651 units with the price falling 6 cents to $11.04, Pulse Investments traded 20,000 shares and lost 60 cents to close at $3.30, Radio Jamaica traded 400,000 units and gained 5 cents to end at $1.40. Sagicor Group had 48,361 shares changing hands and closed with a fall of 45 cents at $22.55, Scotia Group rose 2 cents and closed at $30.04 with 1,179,017 shares changing hands. Scotia Investments dropped $2.91 with 28,735 units changing hands to close at $31.04. Seprod had 18,853 units changing hands to close at $24.60, Sterling Investments lost 1 cents in trading 38,000 shares to close at $14.99, Supreme Ventures traded 2,215,656 shares buy fell 2 cents to close at $4.50 after the company’s Chief Executive passed over the week end and Proven Investments traded 150,800 units at 18 US cents after rising 1.5 cents.
Jamaican stocks mostly fall – Monday
October 24, 2016 by IC Insider.com
Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Barita Investments, Cable & Wireless, Caribbean Cement, Carreras, Daily Trading, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, junior market, Kingston Wharves, Mayberry Investments, National Commercial Bank, Pan Jamaican, Portland JSX, Proven Investments, Pulse Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Seprod, Sterling Investments, Supreme Ventures, Trading Activity
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