Friday, 10th January 2014 | The Jamaica Stock Exchange closed down for the two main indices as more stocks closed down than up. However, at the end of trading the Investors Choice sentiment indicator is pointing up with a far better spread than on Thursday.
In trading 1,421,849 shares changed hands for a value of $18,873,579 but the advance decline ratio deteriorated with only 3 stocks gaining in price to 8 that fell, the second day in a row that there was this lop sided ratio. There were only 26 securities to trade at the end of trading.
The JSE Market Index declined by 117.44 points to close at 79,766.01, the JSE All Jamaican Composite fell by 178.14 points to end at 80,534.13 but the JSE Junior Market Index advanced by 0.02 points to 776.78.
Main Market | Activity in the market saw the main trades as Caribbean Cement 54,951 shares at $3.80, down by 20 cents; Carreras 43,424 closing at $36.50, down by $2.50; Gleaner 46,967 units firm at $1.10; Hardware & Lumber 7,000 units as it fell back from $8.50 by a $1.22 to $7.28; Jamaica Producers 235,721 firm at $18.75; Mayberry Investments 15730 units firm at $2; Pan Jamaican Investment 129,752 shares as the price retreated by $5.95 to end at $48.05; Sagicor Group 30,167 shares to closed at $8.11; Sagicor Investments 9,650 shares to close 9 cents down at $15.61 and Scotia Group 100,032 units firm at $20.50.
Junior Market | Trading in the Junior market accounted for Access Financial Services exchanging 250,000 units at $12, no change in the price from Thursday; Caribbean Cream 103,308 units unchanged at $1; Caribbean Producers 67,750 shares to close firm at $2.75; Consolidated Bakeries 190,414 units at $1.18; General Accident 44,287 units at $1.89; Lasco Distributors 17,340 shares at $1.40, up 2 cents; Lasco Financial Services 34,300 shares firm at $1.30 and Medical Disposables 14,789 unit, unchanged at $2.10.
IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator had 10 stocks with bids higher than the last selling prices and 1 stock with a lower offer.
