Monday’s activity on the Jamaica Stock Exchange, sank to a low level with only 526,642 units trading, valued at just $2,883,385, in all market segments. At the close the prices of 5 stocks rose and 9 declined as 21 securities changed hands.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had 4 stocks with bids higher than their last selling prices and 7 stocks with offers that were lower.
Main Market| The JSE Market Index fell 23.45 points to 71,642.45, the JSE All Jamaican Composite index declined 26.22 points to close at 78,817.51 and the JSE combined index dipped 65.01 points to close at 73,502.73.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Carreras with 17,100 shares trading, gained 10 cents to $34.60, Desnoes & Geddes rose 28 cents to $4.98 in trading 1,000 shares, Grace Kennedy exchanged 9,580 shares at $58, rising by 5 cents and Sagicor Group had 9,850 shares changing hands, 10 cents higher to $9.60.
Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless with 11,500 units at 29 cents, Ciboney’s 211,200 shares traded to close at 7 cents, Jamaica Broilers 7,200 units at $4, Mayberry Investments with 12,550 shares closed at $1.40, Proven Investments with 16,950 shares ended at 18 US cents and Radio Jamaica had 2,040 units changing hands at $1.15.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Kingston Wharves with 1,230 ordinary shares traded 40 cents lower at $5.10, National Commercial Bank closed with 5,850 units trading after slipping 25 cents to $17.55, followed by Pan Jamaican with 2,000 shares, and closed down 80 cents at $49.20, Sagicor Real Estate Fund traded 3,000 shares, and closed with a loss 35 cents at $6.65 and Scotia Group had 35,184 shares changing hands and ended 10 cents lower at $19.40.
Preference| Jamaica Money Market Brokers 7.50% preference share traded 5,000 units at $2.
Lousy Monday trading on JSE
October 27, 2014 by
