Friday, 24th January 2014 | There were 25 securities trading on the last day of the week on the Jamaica Stock Exchange with 8 up in price and 9 down, as 13,543,591 shares changed hands for $79,640,836.
The JSE Market Index fell 134.62 points to 79,636.63, the JSE All Jamaican Composite declined by 204.21 points to close at 81,209.11 and the JSE Junior Market Index advanced by 4.50 points, closing at 779.81.
Caribbean Cement and Knutsford Express traded at new 52 weeks high and Carreras which was the dominant stock in terms of value closed at a 52 weeks low.
Main Market | Trading in the main market took included Cable and Wireless with 2,340,973 shares as the price closed up at 20 cents; Caribbean Cement’s price closed at a new 52 weeks high of $4.60 as 7,200 units changed hands as the price gained 58 cents in the process; Carreras with 1,145,574 shares closing down 50 cents at $34; Jamaica Broilers Group 164,181 units to close at $4.74; Jamaica Money Market Brokers 11,880 shares to close up 39 cents at $7.50; Mayberry Investments lost ground by falling 19 cents, closing at $1.81 with 14,467 shares; National Commercial Bank had little reaction to the quarterly results released on Thursday but 50,500 shares were swapped unchanged at $18 at the close; Scotia Group with 175,418 shares closing firm at $20.50; Seprod lost 20 cents with 729,735 units to close at $10.60 and Supreme Ventures with a big volume of 5,213,039 shed 10 cents to end at $2.30.
Jamaica Money Market Brokers 8.75% preference share traded 804,120 unchanged at $3.
Junior Market | Junior market trading was spread out with Caribbean Cream having 1,405,820 shares to close at 93 cents; Caribbean Flavours 29,321 units to close at $2.50; Derrimon Trading 45,000 shares, closing at $2.35; Knutsford Express traded for the first time with 1,690 shares to close at $5.12, one cent up on the IPO price; Lasco Distributors 154,941 shares at $1.45; Lasco Financial Services 100,003 units at $1.38; Lasco Manufacturing 24,450 shares at $1.26 and Medical Disposables 52,480 units at $2.10.
IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator had only 8 stocks with bids higher than the last selling prices and 4 stocks with offers that were lower.
Importantly, Proven Investments US dollar based ordinary shares closed with a bid of 15 cents compared with a last sale of 13.3 US cents.
