JSE market inching forward

In Monday’s trading on the Jamaica Stock Exchange, the prices of 6 stocks rose and 8 declined as 23 securities changed hands, resulting in 3,225,751 units trading, valued at $9,515,641.
Main Market| The JSE Market Index climbed by 418.38 points to 72,464.07 and the JSE All Jamaican Composite index gained 467.81 points to close at 79,736.18.
Gains| The volume and last traded prices of stocks with gains, at the end of trading in the main market are, Caribbean Cement with 253,076 shares, to close with a gain of 25 cents at $2.80, Desnoes & Geddes with 5,000 units changing hands, gained 30 cents to $4.80, Jamaica Broilers with 97,778 units, put on 9 cents and closed at $4.70, Jamaica Producers 100 units benefited from a 1 cents gain to $17, followed by Radio Jamaica with 29,060 units with an increase of 5 cents at $1.15 and Sagicor Group with 98,976 shares, putting on 20 cents to $9.20.
Firm| The stocks in the main market to close without a change in price, with volume and last traded prices, are Carreras with 8,800 shares closing at $34.90, Grace Kennedy with 2,009 shares at $60. National Commercial Bank 124,935 units resulted in a close of $18 and Sagicor Real Estate Fund with 13,387 units at $6.85.
Declines| The volume and last traded prices of stocks with losses at the at the end of trading in the main market are, Cable & Wireless with 1,328,663 shares with the price dipping 2 cents to 34 cents, Jamaica Money Market Brokers with 32,947 ordinary shares, lost a cent at $6.95, Mayberry Investments 20,769 shares traded with a loss of 8 cents to $1.60, Palace Amusement traded for the first time since early January this year, with 1,000 shares changing hands at $90, after losing $5, Scotia Group exchanged 25,210 shares with a loss of 50 cents to end at $19.50 and Scotia Investments traded 20,000 shares and shed 28 cents at $21.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 858,992 units at $3.
Junior Market| The JSE Junior Market Index declined by 2.01 points to close at 643.85 as 6 stocks traded with none advancing and 2 declining.
Gains| No stock gained at the end of trading in the junior market.
Firm Trades| Active stocks in the junior market to close at the same price as the day before are, Blue Power with 700 units at $9.06, Lasco Financial 7,600 shares trading at $1, Lasco Manufacturing had 70,858 units trading at 95 cents and Paramount Trading 5,000 shares at $2.52.
Declines| Stocks declining in the junior market at the end of trading are, General Accident with 40,000 shares, lost 10 cents to end at $1.35 and Lasco Distributors traded 180,891 units, 1 cents lower at $1.11.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with bids higher than their last selling prices and 5 stocks with offers that were lower.