JSE majors gain on Tuesday

Stocks ended trading on the Jamaica Stock Exchange with the main market closing with gains on Tuesday after being closed on Monday for a public holiday. The market closed with 43 securities trading as the prices of 12 gained while 15 declined in the overall market, including 6 stocks rising and 2 falling, in the junior market.
At the close, the all Jamaica Composite Index climbed 500.57 points to end at 186,643.27 with a gain of 12 percent year to date. The JSE Market Index gained 447.61 points to close of 167,934.06 and the JSE combined index rose 266.31 points, to end at 180,238.96, up 14 percent for the year to date.
At the close 11,005,276 units valued at $189,009,513 changed hands, compared to 1,362,599 units valued at $11,379,949 changing hands on Friday. The junior market accounted for 4,471,960 units trading valued at $24,376,547 of the stocks traded.
The average trade for the day in the main market ended at 241,975 units, compared to an average for the month to date of 138,002 units.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 9 stocks with bids higher than their last selling prices and 5 with a lower offer.
In market activity, Barita Investments traded 21,331 shares at $4.65, Cable & Wireless lost 1 cent and closed at 98 cents with 494,229 units trading, Caribbean Cement traded just 1,800 shares and rose 35 cents to close at $31.50, Carreras lost 2 cents to close at $65.98 with 150,300 units changing hands. Trading in 1834 Investments ended with 22,581 shares changing hands, the price fell 6 cents to close at $1.18, Grace Kennedy lost 44 cents and closed with 420,865 shares changing hands at $41.55, Jamaica Broilers closed at $14.51 after shedding 9 cents, with 1,000,500 shares switching owners. JMMB Group lost 1 cent in trading 10,297 units to close at $13.99. National Commercial Bank traded 37,620 shares to close at $43, Radio Jamaica fell 19 cents in trading 158,763 shares to close at $1.35, Sagicor Group fell 40 cents with 1,016,783 shares changing hands and closed at $23.60 after trading at an intraday 52 weeks’ high of $25.50. Scotia Group closed at $31 with 3,009,596 shares changing hands, Scotia Investments had 53,500 units changing hands to close with a gain of $3.90 at $33.90, Supreme Ventures traded 24,361 shares and gained 3 cents to close at $4.79 and Jamaica Money Market Brokers 7.50% preference share traded 50,000 units to close at $2.10.