Monday, 13th January 2013 | The Jamaican stock market recoded one of its best days for a while with 14 stocks posting gains at the end of trading to only 4 falling as 4,063,702 shares with a value of $85,665,637 traded.
The performance of the market is reflected in the movement of the main indices as the JSE Market Index advanced by 184.49 points to close at 79,950.50; the JSE All Jamaican Composite increased by 715.47 points, closing at 81,249.60 and the JSE Junior Market Index moved up by 10.09 points to 786.87.
Main Market | Activity in the main market saw trading in Cable & Wireless with 826,413 units, the price ended at 18 cents; Caribbean Cement 95,049 shares, as the price slipped back by 42 cents to $3.38; Carreras gained 50 cents with 47,670 units, to close at $37; First Caribbean International Bank lost $1 with 2,800 units to close at $89, a 52 weeks low; Grace Kennedy with 1,400,100 units closing at $53.83; Jamaica Money Market Brokers 50,150 shares at $7.50; Jamaica Producers 29,256 units at $18.75; Mayberry Investments 15,000 units at $2; National Commercial Bank 49,870 shares with the price climbing 69 cents to $17.69; Sagicor Group 144,046 units at $8.15; Sagicor Investments 22,511 units at $16, up 39 cents and Supreme Ventures 16,377 shares at $2.51.
Junior Market | The Junior market continues to post gains with the index climbing for 7 days straight except for a small decline on Monday January 6th. Caribbean Producers exchanged 163,695 shares at $2.76, a new 52 weeks closing high; Consolidated Bakeries had 10,000 shares trading at $1.16; Lasco Distributors gained 5 cents to $1.45 with 107,114 shares while Lasco Financial Services had a good day’s trading with 941,006 units to close at $1.30 and Lasco Manufacturing put in 104,260 units at $1.30, up by 10 cents.
IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator had 8 stocks with bids higher than the last selling prices and 1 stock with the offer that is lower.