Friday, 13th December 2013 | Trading picked up somewhat on the last trading day of the week as the Jamaica Stock Market recorded another day of falling indices but 5 stocks advanced in price to 7 that fell and 1,926,732 shares traded with a value of $56,739,948.
Market Indices | The two main market indices fell by the end of trading with the JSE Market Index closing at 77,877.89 down by 218.42; the JSE All Jamaican Composite closed at 77,202.68, having a fall of 379.72 and the JSE Junior Market Index closed at 753.39 for a decline of 9.19.
Stocks trading comprised Cable & Wireless 235277 units firm at 16; Caribbean Cement 80,200 units at $2.30; Carreras 11,707 shares at $36.00; Grace Kennedy 908,837 units at $61 up by $5; Jamaica Broilers 18,770 closing firm at $4.30; Mayberry Investments 34,933 shares to close firm at $$2; National Commercial Bank 89,861 shares to close at $17 up 99 cents but not before the stock traded at a new 52 weeks low of $15.55; Sagicor Real Estate X Fund 3,950 units closing unchanged at $6, but only after the price hit a new all-time high of $6.60; Scotia Group 66,404 units as the price closed firm at $19 and Scotia Investments price retreated by 5 cents to $26.95.
Jamaica Money Market Brokers 7.50% preference share traded 50,000 units unchanged at $2 and the 8.75% traded 130,000 units at $2.90.
Junior Market | Stocks traded in the junior market with extremely low volume. Lasco Financial traded units at $1.30; Caribbean Producers traded 94,152 units and closed firm at $2.50; Dolphin Cove traded just 5,000 units at $8.50, an increase of 50 cents; General Accident Insurance traded 49,203 units at $1.62; Lasco Distributors had 12,000 units changing hands at $1.40 down 8 cents; Lasco Financial Services lost 19 cents to close at $1.11 while trading 90,000 shares, Lasco Manufacturing exchanged just 6,714 units at $1.39 as the price gained 9 cents and Eppley 9.5% preference shares traded firm for the first time at the issue price of $6 with 9,000 units.
IC bid-offer Indicator | At the end of trading, the Investor’s Choice bid-offer indicator show bids for 8 stocks being higher with no offers that were lower than their last selling prices.
