JSE at 7 months high with year-end rally

The Jamaica Stock Exchange enjoyed a good day of trading in continuation of the late year rally which started at the beginning of November, resulting in the prices of 11 stocks rising and just 4 declining as 23 securities changed hands, ending in 4,084,357 units trading, valued at $37,020,086, in all market segments.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had 4 stocks with bids higher than their last selling prices and 2 stocks with offers that were lower.
Main Market| The JSE Market Index gained 694.35 points to 76,449.94, the JSE All Jamaican Composite index rose 776.31 points to close at 84,192.88 and is at its highest level since April 28, this year when it closed at 84,734.87 points and the JSE combined index gained 705.54 points to close at 78,320.27.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Cable & Wireless ending with 294,400 shares changing hands to close 4 cents higher, at 50 cents. Carreras completed trading with 13,964 shares changing hands to close with a 20 cents increase to $37, Grace Kennedy ended with 10,402 units and put on 1 cent to close at $62. Jamaica Money Market Brokers ended trading with 8,531 shares changing hands to close at 55 cents $7.10, Jamaica Producers ended with 12,898 shares with the price rising 1 cent to $17.51, National Commercial Bank had 1,337,635 shares changing hands to close with a gain of 49 cents to $18.50. Sagicor Group finished trading with 12,500 units changing hands to close 20 cents higher at $10.20, Sagicor Real Estate Fund concluded trading with 10,000 shares to gain 28 cents at $7.28, for a new 52 weeks’ high, Scotia Group ended with 8,300 shares changing hands to close 10 cents higher at $20.10 and its subsidiary Scotia Investments traded 20,040 shares with the price rising 40 cents to $23.40.
Firm| The stocks in the main market to close without a change in the last traded prices are, Caribbean Cement finished with 7,310 units trading at $2.40. Proven Investments ended trading with 3,320 shares at 19 US cents, Salada Foods closed with 5,000 shares trading at $8 and Supreme Ventures finished with 30,000 shares changing hands to close at $1.92.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Desnoes & Geddes closed with 11,185 units trading as the price slipped 10 cents to $4.80, Jamaica Broilers finished with 1,501,082 shares trading and ended 4 cents lower to $4.01
Preference| There was no trading in the preference sector.