Thursday, 5th September 2013 | The main market indices fell on Thursday as the junior index moved up with 11 stock prices gaining to 6 that fell as 2,761,996 units traded valued at $16.1 million continuing a light period of trading for a number of days since August. The all Jamaica index fell 313.07 to 84,535.65, the Main index was down 177.94 to close at 84,593.49 and the junior market index gained 6.24 to close at 786.41.
Barita Investments seems to be attracting a little interest as it traded 18,156 at $2.50 while Caribbean Cement Company could have bottomed as it traded 121,158 units to close at $2.03 an increase of 3 cents; Gleaner Company logged 605,000 units at a firm price of $1.20; Jamaica Money Market Brokers kicked in with a strong 1,140,850 units as the price closed 1 cent up at $8; Jamaica Stock Exchange 11,000 units resulted in a 5 cent drop to the IPO price of $2.85; Kingston Wharves traded 13,400 firm at $7; National Commercial Bank still struggling to move forward traded 117,295 shares at $18.55 up 5 cents; Pan Jamaican Investment Trust accounted for 13,415 units and closed at $51.42; Scotia Group Jamaica made good with 41,757 units and closed at $21.26 a gain of 6 cents while Seprod contributed 20,000 units at $13.
Access Financial Services had 100,000 shares being exchanged as the price closed at $8.38 up 18 cents; Consolidated Bakeries chipped in with 26,916 units to close at $1.40 down 5 cents; Cargo Handlers was up $1 to $14, a new all-time high.
General Accident Insurance traded 56,000 units at $1.77 for a 6 cents gain as Lasco Distributors 47,420 units traded firm at $1.50; Lasco Financial Services 109,450 units closed at $1.40 down 2 cents and Lasco Manufacturing 35,475 units with the price closing at $1.65 up 2 cents.
IC bid-offer Indicator | At the end of trading, the Investor’s Choice bid-offer indicator shows that bids for 6 stocks were higher with 2 stocks having offers lower than their last selling price.
