JSE: NCB trades 27m units for $475m

Monday, 30th December 2013 | The penultimate day of JSE trading for the year saw 29,063,554 shares changing hands with a value of $486,844,554 as 7 stocks recorded price gains to 5 that declined. National Commercial Bank dominated trading with 27,122,196 units as the price closed at $17 with a total value of $474,632,832.

The junior market index declined by 7.03 to close at 768.06. The all Jamaica index ended at 79,788.72, gaining 431.32 and the main market index finished at 79,447.88, up 248.10.

Main Market | In the main market, trading took place in Cable & Wireless with 210,000 shares to close firm at 16 cents; Caribbean Cement 133,880 shares with the price closing up 20 cents at $3.50; Carreras 12,865 units to close firm at $36; Grace Kennedy 5,645 units closing down $3.75 at $55; Jamaica Money Market Brokers 497,752 shares at $7.50; Sagicor Group 20,428 units to close at $8.40 up 30 cents; Scotia Group 86,673 units at $19.27 for a gain of 21 cents; Proven Investments 288,050 shares at 13 US cents,

In the preference sector Jamaica Money Market Brokers 7.50% traded 74,000 units at $2 and the 8.75% exchanged 32,370 shares at $3.

JSEIndicesDec30Junior Market | Derrimon Trading exchanged 27,400 units at $2.45; General Accident Insurance traded 74,000 units at $1.62; Lasco Manufacturing 208,060 units at $1.30 and Medical Disposables & Supplies 237,069 shares at $2.25 up 7 cents, a new high.

IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator had 8 stocks with bids higher than the last selling prices versus only 1 stock with an offer that was lower.

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