D&G gained $10.77 to push JSE index with all-time record gain
The stock exchange main market is now 11,648.72 points or 8 percent away from the record close of 138,917.59 reached on 24th of January 2005. A total of 23 stocks rose, with 3 declining as 36 securities, totalling 11,897,638 units valued at $70,427,255 changing hands, in all market segments. 1 junior market and 2 main market stocks ending at new 52 weeks’ closing highs, 1 trading at a 52 weeks’ intraday high and one closed at an all-time low. The JSE Market Index shot up by 8,692.24 points to 114,815.31, and the JSE combined index jumped 7,728.74 points to end at 119,161.07.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 11 stocks with bids higher than their last selling prices and 4 with offers that were lower.
In trading, Berger Paints traded 899,350 shares at $2.50 and gained 20 cents Cable and Wireless closed with an 8 cents increase with 210,000 shares changing hands to close at 60 cents, Caribbean Cement closed at to $10 with 14,620 shares changing hands, but traded at an intraday 52 weeks’ high of $10.99. Carreras traded 67,666 shares at $51 to gain 40 cents. Desnoes and Geddes stock closed with bids of $25.80 to buy 270,074 shares with an offer only 350 units at $28 with very small volumes above. Grace Kennedy traded with a gain of 1 cent, to close at $64.51 with 118,864 shares, Jamaica Broilers 618,120 shares to close at $6.99, JMMB Group traded 104,600 shares at $8.50 at the close with a gain of 44 cents, Kingston Wharves traded at a new high of $9.20 to add $1.55 with 1,850 shares changing hands. National Commercial Bank closed with a gain of 68 cents with 50,000 shares trading to close at $30.79, the shares of 138 Students Living added 25 cents in closing at $4.40 with 210,000 shares,
Pan Jamaican Investments traded 20,500 shares at the end at $63 with a gain of $1.44. Sagicor Group with 368,858 shares closed 1 cents higher at $13.16, Sagicor Real Estate Fund with 46,000 shares closed 50 cents down to $7.50. Scotia Group ended with 119,753 shares trading at $23.85 after gaining 33 cents, Scotia Investments gained $1.50 and ended at $27.50 with 111,000 shares traded, Seprod traded 4,888 shares at $14.95 for 5 cents loss, Supreme Ventures gained 6 cents and ended at $3.71, with 76,000 units. Proven Investments traded 19,000 ordinary shares at 22 US cents after adding a cent and Jamaica Public Service 9.5% preference share traded 4,932 units at $1125 each.