Tuesday’s trading activity on the Jamaica Stock Exchange was lukewarm at best with the prices of 5 stocks rising, 4 declining as 19 securities changed hands, ending in 1,142,877 units trading, valued at a mere $3,840,399, in all market segments.
Main Market| The JSE Market Index lost 136.32 points to 84,969.60, the JSE All Jamaican Composite index fell 152.41 points to close at 93,718.26 and the JSE combined index declined by 6.16points to close at 86,781.76.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 9 stocks with bids higher than their last selling prices and 5 with offers that were lower.
Stocks of interest include Carreras that traded only 1,100 shares to close at $41.51 with a gain of 43 cents, the bid is at $41.50 for 5,000 shares and the offer is at $44.50 for 3,978 shares.
Grace Kennedy traded 18,162 shares to gain $1 to $63, the stock closed with the offer at $63 for a small volume. Sagicor Group lost 20 cents to end at $10.20 while 65,291 units were traded between $10.20 and $10.45. At the close there were 1 million units on offer at $10.60.
Some of the stocks with bids that are higher than the last selling price are Jamaica Stock Exchange with a bid of $2.30 to buy 100,000 units against the last sale price of $2 and Radio Jamaica with a bid for 5,000 shares by Mayberry for in house purposes at $1.60 last selling price $1.50.
JSE off to a slow start
April 7, 2015 by
