Trading on the Jamaica Stock Market closed on Thursday with 6 stocks rising, 7 declining as 28 securities changed hands with 14,651,936 units trading, valued at just $107,442,438, in all market segments including more than 8.7 million units of JMMB Group.
At the close, the JSE Market Index inched up 55.21 points to 97,531.16, the JSE All Jamaican Composite index rose 61.71 points to 107,952.55 and the JSE combined index lost 95.48 points to end at 99,621.65.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator showed a reading of 11 stocks with bids higher than their last selling prices and 4 with offers that were lower. In trading, Cable and Wireless had 212,226 units changing ownership at 42 cents, at the close 1,859,247 units are offered for sale at 45 cents. Caribbean Cement traded 48,097 shares and lost 89 cents to close at $8, Jamaica Broilers ended trading with 92,268 units at $5.60, for a rise of 20 cents. JMMB Group had 9,747,036 shares changing hands, to close 50 cents higher at $7.50, the bulk of the shares were sold through JMMB Securities and bought through Scotia Investments.
National Commercial Bank traded 127,790 shares to end at $29.30, for an increase of 12 cents. The banking group, released nine months results after trading closed, showing net profit of $8.554 billion compared to restated net profit of $8.97 billion for the prior year. Profit also slipped in the June quarter, to $3.15 billion from the net profit for the three months to June 2014 of $3.4 billion, even as wages fell to $2.7 billion from $2.86 billion in 2014. Sagicor Group ended trading with 1,815,420 units at $13.49, up 49 cents, Scotia Group had only 33,200 units trading unchanged at the end at $23.65, Supreme Ventures with 131,000 shares traded at $3.28 and Jamaica Money Market Brokers 7.50% preference share traded 96,000 units at $2.

Trading on the Jamaica Stock Market closed on Thursday with 6 stocks rising, 7 declining as 28 securities changed hands with 14,651,936 units trading, valued at just $107,442,438, in all market segments including more than 8.7 million units of JMMB Group.
At the close, the JSE Market Index inched up 55.21 points to 97,531.16, the JSE All Jamaican Composite index rose 61.71 points to 107,952.55 and the JSE combined index lost 95.48 points to end at 99,621.65.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator showed a reading of 11 stocks with bids higher than their last selling prices and 4 with offers that were lower. In trading, Cable and Wireless had 212,226 units changing ownership at 42 cents, at the close 1,859,247 units are offered for sale at 45 cents. Caribbean Cement traded 48,097 shares and lost 89 cents to close at $8, Jamaica Broilers ended trading with 92,268 units at $5.60, for a rise of 20 cents. JMMB Group had 9,747,036 shares changing hands, to close 50 cents higher at $7.50, the bulk of the shares were sold through JMMB Securities and bought through Scotia Investments.
National Commercial Bank traded 127,790 shares to end at $29.30, for an increase of 12 cents. The banking group, released nine months results after trading closed, showing net profit of $8.554 billion compared to restated net profit of $8.97 billion for the prior year. Profit also slipped in the June quarter, to $3.15 billion from the net profit for the three months to June 2014 of $3.4 billion, even as wages fell to $2.7 billion from $2.86 billion in 2014. Sagicor Group ended trading with 1,815,420 units at $13.49, up 49 cents, Scotia Group had only 33,200 units trading unchanged at the end at $23.65, Supreme Ventures with 131,000 shares traded at $3.28 and Jamaica Money Market Brokers 7.50% preference share traded 96,000 units at $2.