Monday, 10th February 2014 | JSE Market and the All Jamaican Indices were down on the Jamaica Stock Exchange as the prices of 10 stocks rose and 9 declined with a total of 31 securities trading, resulting in 2,016,956 shares changing hands for a value of $38,412,196.
The JSE All Jamaican Composite declined by 380.26 points to close at 83,572.85. The JSE Market Index fell by 250.68 points to 79,184.54.
Main Market gains | Caribbean Cement with 29,870 shares as it gained 10 cents to close at $4.12; Carreras closed up by 25 cents to $34.35 while trading 65,939 units; Jamaica Broilers had 51,214 shares trading and was up 6 cents to close at $4.86; Mayberry traded 2,000 shares to close at $2, up by 15 cents; National Commercial Bank with 302,200 units to close at $18.10 for a 10 cents gain; Sagicor Real Estate X Fund increased by 1 cent to close at $7.01, a new 52 weeks high with 8,700 units changing hands; Scotia Group with 59,150 units as the price rose by 9 cents to close at $21.10; Seprod rose 10 cents to close at $11 with 15,000 shares trading.
Firm trades | Six ordinary shares traded firm in the main market and two in the preference section. Berger Paints having 166,803 units at $1.75; Cable & Wireless with 403,970 shares to close at 30 cents; Grace Kennedy with 303,243 shares as the price slipped by 10 cents to $55; Jamaica Producers with 128,000 shares at $18.75; Kingston Wharves 22,753 shares to close at $6 and Radio Jamaica 6,245 shares at $1.60.
Jamaica Money Market Brokers 8.75% preference share traded 10,000 units to close at $3 with and the 7.25% closed at $2.50 while trading 1,000 shares.
Losers | Counted amongst the losing stocks are Barita Investments with 3,000 units at $2.50, a 10 cents drop; Jamaica Money Market Brokers had just 1,150 units trading with the price easing 3 cents to close at $7.40; Sagicor Group 25,491 shares to close at $9.30, a decline of 20 cents; Scotia Investments traded just 1,693 units as the price closed at $24.50 for a fall of $2; Supreme Ventures exchanged 13,800 shares at 3 cents less than the opening price.
The JSE Junior Market Index closed down by 6.62 points to 749.04 as the price of only 2 stocks gained and 4 declined.
Junior Market winners | Access Financial with a gain of 10 cents in trading 9,028 units to close at $10.56 and Lasco Financial with 64,100 shares at $1.35, up 15 cents.
Firm trades | AMG Packaging trading only 1,054 shares to close at $3.60; General Accident 90,649 shares to close at $1.60 and Honey bun with 5,000 shares and closed at $3. Eppley 9.5% preference shares traded 21,600 units at $6.
Declines | Four stocks that suffered declines include Caribbean Producers while trading only 4,000 shares to close at $2.55 and down 15 cents; Dolphin Cove with 4,900 units, closing down 30 cents to end at $8.60; Lasco Manufacturing 55,962 units to close down a cent to $1.25 and Medical Disposables 10,000 units trading down 4 cents to $2.06.
IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with bids higher than the last selling prices and 4 stocks with offers that were lower. The reading, which had climbed to 10 to 2 on Friday, is back to the levels seen last week Thursday with a 4 to 4.
