Tuesday, 10th September 2013 | In slow and light trading session only 2 million shares worth $12,374,368 traded as 25 companies had activity on the second day of the week. The main indices gained marginally while the junior market fell marginally as 6 stock increased in price and 6 declined.
Main Market| Carreras is finding support around the $47 level and exchanged 14,000 and closed at $47.01 up a cent at the end of the day. Caribbean Cement regained 30 cents that it recently lost as it closed at $2.50 with only 1,000 shares. Desnoes & Geddes 55,000 firm at $4.50; Gleaner Company swapped 81,637 without change at $1.17; Grace Kennedy exchanged 110,000 at 56.75 off 25 cents; Jamaica Broilers Group saw 105,319 trading up to $5.30 gaining 20 cents at the end. Jamaica Money Market delivered 55,259 at $8.40 down 10 cents. Mayberry Investments accounted for 346,095 units and closed firm at $2.60, while Scotia Group had just 25,881 trading at $21.70 for a 39 cents gain.
Junior Market | In today’s trading the junior market, AMG Packaging traded 44,688 firm at $4; Blue Power Group 19,652 units closed at $9.28 off 12 cents; Caribbean Producers 160,000 units closed firm at $2.10; Consolidated Bakeries 5,000 units traded firm at $1.40; Dolphin Cove gained $1 to close at $9 based on 5,000 shares; Lasco Distributors 340,300 units closed at $1.40, down 9 cent; Lasco Financial Services 350,429 units closed at $1.30 down 10 cents and Lasco Manufacturing 242,231 units at $1.60, a 5 cents decrease.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator remains strong on Tuesday with bids for 9 stocks being higher and 5 stocks having offers lower than their last selling price.
