Majors close at another record high – Tuesday
October 11, 2016 by IC Insider.com
At the close, the all Jamaica Composite Index surged 1,083.59 points to end at a new closing high of 187,498.00, the JSE Market Index climbed 968.92 points to a record close of 168,698.33 and the JSE combined index rose 248.82 points, to end at record high of 181,253.40, up 15 percent for the year to date.
At the close 10,379,971 units valued at $217,529,448 changed hands, compared to 1,637,080 units valued at $21,412,158 changing hands on Monday. The junior market accounted for 1,107,820 units valued at $$8,452,329 of the stocks traded.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 12 stocks with bids higher than their last selling prices and 1 with a lower offer.
In market activity, Berger Paints traded 12,700 shares and rose 10 cents to close at a 52 weeks’ high of $5.70, Cable & Wireless closed at 98 cents with 132,932 units trading, Caribbean Cement traded 19,863 shares to close at $33. Carreras had 2,075 shares changing hands at $66, trading in 1834 Investments ended with 42,354 shares changing hands to close with a loss of 3 cents at $1.20, Grace Kennedy lost 46 cents and closed with 140,739 shares changing hands at $41.99, Jamaica Broilers traded 69,950 units but lost 45 cents to close at $14.31. Jamaica Producers lost 15 cents and ended with 9,464 shares changing hands to close at $8.25, Jamaica Stock Exchange fell 71 cents and ended at $27.30 while trading 3,435 shares, JMMB Group dropped 50 cents in trading 165,027 units to close at $15, Kingston Wharves traded 900 shares to close at $17.50. Mayberry Investments traded 16,900 shares to close with a loss of 20 cents at $3.40, National Commercial Bank traded 9,273 shares and lost 15 cents to end at $42.15, Pan Jamaican Investments lost 30 cents to close at $23 after trading 880 shares. Radio Jamaica fell 10 cents in trading 184,584 shares to close at $1.45, Sagicor Group gained 15 cents in trading 7,146,264 shares to end at $24, Sagicor Real Estate Fund traded 14,041 shares to close at $10.18, Scotia Group dropped 49 cents to close at $30.01 with 635,978 shares changing hands. Scotia Investments had 3,000 units changing hands to close at $30, with a gain of $3, Seprod traded 14,003 shares to close with a gain of 90 cents at a 52 weeks’ high of $23.50. Proven Investments closed at 19.99 US cents with 176,589 shares trading, JMMB Group 7.50% preference share traded 442,000 units at $1.10 and Jamaica Money Market Brokers 7.25% preference share traded 20,000 units at $2.40.
Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 1834 Investments, Berger Paints, Cable & Wireless, Caribbean Cement, Carreras, Daily Trading, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, junior market, Kingston Wharves, Mayberry Investments, National Commercial Bank, Pan Jamaican, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Scotia Group, Seprod, Trading Activity
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