JSE: Trading remains low

Wednesday, 30th October 2013 | Trading remained low on the Jamaica Stock Exchange with 1,231,072 units changing hands valued at $8,642,067 with the number of stocks advancing at 8 versus those 4 that declined. The main market index shed 35.94 points to end at 81,639.52; the all Jamaica index closed at 79.338.15 down by 63.23; the junior market index ended at 742.56 off by less than a point.

Main Market | Carreras traded just 6,007 units and gained 96 cents to close at $40. Gleaner posted 18,150 units at $1.11; Grace Kennedy chipped in with 71,100 units to close down $1.20 at $53.70; Jamaica Broilers exchanged 27,425 units up 24 cents at $4.50; Jamaica Money Market Brokers traded 22,662 units to close at $8.12; Kingston Wharves had 27,000 units changing hands at $5.60 up two cents; Mayberry Investments had 78,641 units trading down 15 cents at $2; National Commercial Bank sapped 26,138 units in closing up 35 cents at $18.35; Sagicor Life 94,880 units traded firm at $8.10; Scotia Group Jamaica traded 26,090 units to close unchanged at $20.

Proven Investments 8% preference stock traded 292,600 units while closing firm at $5.09.

JSEIndicesOct30Junior Market | Trading in the junior market saw Blue Power trading 6,934 units to close firm at $9.28; Caribbean Flavours trading 7,882 units firm at $2.55; Caribbean Producers delivered 15,136 units to close unchanged at $1.99; Dolphin Cove traded 20,248 units at $8; Lasco Distributors traded 146,580 units to close up a cent at $1.46; Lasco Financial Services closed unchanged at $1.15 with 67,644 shares changing hands and Lasco Manufacturing put in60.600 units to close firm at $1.45.

IC bid-offer Indicator| At the end of trading, the bid-offer indicator is showing a market that is moving sideways for a while, with bids for 8 stocks being higher and 6 stocks with offers lower than their last selling price.

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