Monday, 20th January 2014 | The main market of the Jamaica Stock Exchange lost ground on the opening trading day of the week as 7 stocks fell in price and 5 increased. There was trading of 1,099,361 units with a value of $10,294,466 with Scotia Group saving the day with 429,788 shares valued at $8.6 million as the price closed at $20.50 and was off by 46 cents.
The JSE Market Index declined by 303.53 points to close at 79,619.38, the JSE All Jamaican Composite lost 460.42 points to end at 80,747.32 while the JSE Junior Market Index put on 1.07 points to close at 796.06.
Main Market | In main market, the main movers for the day was Cable & Wireless with 343,445 shares closing down a cent at 18 cents; Caribbean Cement with only 2,000 units to close at $3.70 for a 29 cents gain; Carreras 4,980 units to close down 50 cents at $36; Desnoes & Geddes 21,374 shares, the price closed up 12 cents to $5.10; Jamaica Broilers 39,383 units at $4.71, down 29 cents; Jamaica Money Market Brokers 41,734 shares to closed unchanged at $7.50; Sagicor Real Estate X Fund 7,707 units closing firm at $6.50 and Supreme Ventures 16,400 shares for a 10 cents gain to end at $2.50.
Junior Market | The main stocks trading were Access Financial Services with 11400 shares to close at $11, down $1; Blue Power 9,830 units as the price remained unchanged at $9.50; Caribbean Producers 75,700 units to close unchanged at $2.75; Lasco Distributors 11,995 shares unchanged at $1.45; Lasco Financial Services 50,000 unchanged at $1.35 and Lasco Manufacturing 22,000 units at $1.40 up 15 cents.
IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator had 9 stocks with bids higher than the last selling prices and 3 stocks with offers that were lower. The junior market has 6 of the stocks closing with bids higher than the last closing price and only 1 with a lower offer.
