JSE main market closes at new high

Cable & Wireless HQ - The company's stock traded at a  high of  $1.87 on Tuesday

Cable & Wireless HQ – The company’s stock traded at a high of $1.87 on Tuesday

The Jamaica stock market continued its bullish run but with slightly more stocks rising than declining. The market closed with activity in 39 securities, leading to 12,548,183 units valued at $127,385,981 changing hands, in all market segments.
A total of 18 securities rose and 16 declined with 6 stocks ending at 52 weeks’ closing high and 2 at intraday high.
The JSE Market Index climbed 1,390.00 points to 139,692.07 the all Jamaica Composite Index gained 1,553.41 points to end at 155,070.06 and the JSE combined index rose by 1,236.54 points to end at 146,425.30.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 11 stocks with bids higher than their last selling prices and one with a lower offer.
In trading, Cable and Wireless closed with 2,128,091 shares changing hands, after rising 40 cents to close at a 52 weeks’ high of $1.80 but after trading at $1.86, JSE sum 17-11-15Carreras fell 94 cents to end at $56.06 with 86,869 units trading, Ciboney traded 31,000 shares at 12 cents and ended with a bid to buy 2,263,800 shares at 12 cents. Desnoes & Geddes ended with 63,357 shares trading at $30.02, Gleaner Company traded at 391,191 shares and gained 1 cent to end at $1.92, Grace Kennedy traded 767,772 shares and closed with loss of 29 cents at $74.01, Jamaica Broilers traded 147,050 shares to close at $8.80 with a gain of 1 cent. Jamaica Producers lost 99 cents while trading 4,924 shares at $24.01, The Jamaica Stock Exchange lost $1.50 in trading 75,600 shares, to end at $12, JMMB Group lost $1.39 while trading 198,116 shares to close at $8.51. Mayberry Investments gained 70 cents and closed with 4,310,131 units trading to close at a 52 weeks’ high of $5, but with only 200 shares trading at $5, and 1,020 at $4.65 with the rest all trading below $4.50. National Commercial Bank closed with a rise of 56 cents as 218,184 shares changing hands to end at $36.56, after trading at an intraday high of $38. JSE Fn Qts 17-11-15Pan Jamaican Investment closed at $88.27 after trading 43,522 shares to gain 4 cents, Pulse Investments traded 108,658 shares with a rise of 20 cents to close at $2, Radio Jamaica traded at $5 after 26,867 shares changed hands, Sagicor Group gained 14 cents in trading 271,321 units at $16.57 at the close. Scotia Group ended with 105,854 shares changing hands, closed with a fall of 17 cents at $26.33, Scotia Investments lost 48 cents and ended at $27.02 with 17,800 shares changing hands, Seprod rose 2 cents to $15.95 with 24,855 shares trading and Supreme Ventures ended at $4.75 after losing 5 cents with 65,893 shares changing hands.

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