Tuesday, 14th January 2014 | Advancing stocks outnumbered declining stocks 11 to 7 on the Jamaica Stock market as only 1,448,262 shares changed hands for a value of $9,395,467. The two main market indices declined with the JSE Market Index falling by 85.21 points to close at 79,865.29, the JSE All Jamaican Composite declined by 129.25 points to close at 81,120.35 and the JSE Junior Market Index fell by 0.80 points to end at 786.07.
Hardware & Lumber traded 2,100 units to close at a new 52 weeks high of $9 by jumping $1.72.
Main Market | Elsewhere in the main market, the stocks with noticeable trading include Caribbean Cement with 102,720 units to close at $3.40; Carreras 53,634 units to end at $37.51 for a 51 cents gain; Desnoes & Geddes 51,578 shares closing at $4.98; Grace Kennedy gained $1.17 to close at $55 as 3,620 units of the company’s stock changed hands; Jamaica Broilers with 89,153 units to close at $4.72; Jamaica Money Market Brokers 19,400 shares to close at $7.50; Jamaica Stock Exchange regained 30 cents with 50,000 units to close at $2.10; Kingston Wharves 55,139 shares at $6.15; Sagicor Group had 41,839 units to close unchanged at $8.15; Sagicor Real Estate X Fund 21,051 units at $6.50 and Scotia Group 177,587 shares at $20.10, down 41 cents.
Junior Market | Trading of junior market stocks saw Caribbean Producers exchanging 84,600 shares to close firm at $2.75; Honey Bun traded 2,000 units as the price fell by 22 cents to close at $3.19; Lasco Distributors with 371,737 units trading firm at $1.45; Lasco Financial Services 82,400 shares at $1.26 inching down by 4 cents and Lasco Manufacturing 181,269 units at $1.29.
IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator had 7 stocks with bids higher than the last selling prices and 2 stocks with offers lower.
