Monday, 11th November 2013 | On Monday, the Jamaican Stock market almost fell a sleep with just 20 companies trading leading to a total volume of 1,000,953 shares with a value of a mere $3,260,573.
At the end of trading 6 stocks advanced in price to 4 that recorded declines. The main market index closed down marginally at 78,634.19, while the All Jamaica Index closed off at 78,528.16 and the junior market index barely inched up to close at 723.02.
Main Market | Trading in the main market resulted in Caribbean Cement swapping 14,114 units to close up 26 cents at $2.95; Desnoes & Geddes switched ownership of 6,500 units to close at $4.80, up 28 cents; Grace Kennedy gained $1.50 to close at $58.50 with 5,000 shares; National Commercial Bank traded 15,983 units as the price lost 50 cents to $17.50; Sagicor Life exchanged 71,641 units as it closed at $7.99, down a cent; Scotia Group closed at $18.50 up 15 cents on the day while Supreme Ventures ended with 50,000 units and closed at 10 cents, down at $2.60.
Jamaica Money Market Brokers 8.75% preference shares traded 356,700 to close firm at $3.
Junior Market | Caribbean Cream traded 50,000 units at $1.05; Caribbean Producers traded 198,000 to close at $1.92; General Accident exchanged 58,635 units to close at $1.60 down a cent; Lasco Financial Services swapped 42,897 units and traded at $1.01 at the close and Lasco Manufacturing had 108,080 units to close at $1.38.
IC bid-offer Indicator | At the end of trading, the bid-offer indicator showed that there were bids for 8 stocks higher and 3 stocks with offers lower than their last selling price.
