Tuesday, 24th September 2013 | In a day which saw 11 st0cks advancing in price to 5 declining, the indices hardly moved unlike Monday when they fell sharply. Trading activity continues to be low with 6,371,632 shares trading at a value of $19.6 million.
Berger Paints activity accounted for 135,514 shares trading and closing firm at $2.26; Cable & Wireless had 1,022,030 units changing hands firm at 18 cents; Caribbean Cement put in 66,493 units $2.20, losing 20 cents in the process; Gleaner Company had 70,000 shares trading firm at $1.17; Jamaica Stock Exchange ordinary shares traded 333,300 units to close at $3 up 15 cents; National Commercial Bank only had 16,771 units changing hands as the price closed at $18.53, up a cent; Sagicor Life put in 33,000 units and closed at $8.50; Scotia Group had 72,325 units at $20.56 and gained a cent; Supreme Ventures had a good volume of 2,094,840 which closed at $2.60, up 4 cents; Jamaica Money Market Brokers 8.75% which has been trading more frequently in the past few weeks, put in 341,000 units today to close firm at $3 and Proven Investments 8% had a volume of 1,487,710 units valued at $7.4 million , closed firm at $5.07.
The junior market trading was sparse and only 4 stocks posted any volume to write about. General Accident Insurance traded 82,446 shares firm at $1.65; Honey Bun 39,000 shares traded firm at $3.41; Lasco Financial Services traded 496,643 units to close at $1.20 up 2 cents and Lasco Manufacturing 24,250 to close at $1.59.
IC bid-offer Indicator | At the end of trading, the Investor’s Choice bid-offer indicator showed that there were bids for 8 stocks being higher and 4 stocks with offers lower than their last selling price.
Image courtesy of Photokanok/FreeDigitalPhotos.net.
