Thursday, 23th January 2014 | The Jamaica stock market recorded a negative day with 11 stock declining to 5 advancing on a day with 3,443,891 shares changing hands with a value of $18,691,167.
The negative performance was reflected in the market indices with the JSE Market Index declining by 402.47 points to close at 79,771.25, the JSE All Jamaica Composite fell 610.49 points to 81,413.32 and the JSE Junior Market Index dipped by 10.72 points to 775.31.
Main Market | The main trades included Berger Paints with 445,725 shares to close at unchanged at $1.80; Caribbean Cement 108,345 shares to close at a new 52 weeks high of $4.02 after trading as high as $4.50 during the day; Carreras 14,019 shares as the price fell $2 to $34.50; Desnoes & Geddes 45,909 shares closing firm at $5; Grace Kennedy 123,716 units down $1 at $55; Hardware & Lumber 17,500 shares as the price eased by $1 to $8; Mayberry Investments 1,223,442 shares at $2; National Commercial Bank 133,900 shares at $18; Sagicor Group 11,117 shares as the price closing at $8.45, off by 4 cents; Scotia Group 66,879 units to close at $20.65, a fall of 35 cents; Seprod was down 20 cents to $10.80 with 107,484 units; Supreme Ventures 78,102 units closing at $2.40 as the price eased by 10 cents.
In the preference share section, Jamaica Money Market Brokers 8.75% traded 350,500 at $3.01.
Junior Market | The major traded securities include Consolidated Bakeries 100,000 shares falling by 2 cents to $1.17; Lasco Distributors 14,199 units at $1.45; Lasco Financial Services 435,725 up a cent to close at $1.36; Lasco Manufacturing lost 8 cents with 130,998 shares to close at $1.30 and Medical Disposables 11,000 shares at $2.20.
IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator had only 4 stocks with bids higher than the last selling prices and 5 stocks with offers that were lower.
