Tuesday, 21st January 2014 | The Jamaica Stock Exchange activity continues to be moderate on the second trading day of the week as the price of 9 stocks fell and 9 increased resulting from trades of 7,051,839 units with a value of $13,542,059.
The Junior Market index fell but the others increased with the JSE Market Index advancing 272.66 points to 79,892.04, the JSE All Jamaican Composite gained 413.61 points to close at 81,160.93. The JSE Junior Market Index declined by 10.81 points to close at 785.25.
Main Market | Activity in the main market has been on the light side as the focus seems to be in the junior listings for the time being. In trading, Cable & Wireless exchanged 4,000,000 units at 19 cents; Caribbean Cement 74,149 units closing up 10 cents at $3.80; Carreras 74,152 units, closing firm at $36; Desnoes & Geddes 10,200 shares at $5; Gleaner 210,000 units to close unchanged at $1.10; National Commercial Bank with only 2,940 units as the price gained 79 cents to close at $18; Sagicor Group 12,000 shares closing at $8.49; Sagicor Real Estate X Fund 10,430 shares to close unchanged at $6.50; Salada Foods 5,100 shares, the price gained 70 cents to close at a new 52 weeks high of $10 and Scotia Group 36,117 shares at $20.06, down 44 cents.
Junior market | The junior market had 14 securities trading, including Eppley 9.5% preference share for only the second time, with 54,000 units at $6; Access Financial 14,000 shares down $1 to $10; Blue Power 341,000 units as the price put on 30 cents to end at $9.80; Caribbean Producers 1,002,000 shares as it fell 5 cents to $2.70; Consolidated Bakeries 46,057 units at $1.19; General Accident Insurance 500,000 at $1.88; KLE Group 56,860 shares at $1; Lasco Distributors 148,134 units at $1.45; Lasco Financial 396,051 units at $1.35 and Medical Disposables, 20,000 units up 7 cents and closed at $2.05.
IC bid-offer Indicator | At the end of trading the Investor’s Choice bid-offer indicator had only 4 stocks with bids higher than the last selling prices and 7 stocks with offers that were lower.
