NCB pushes index

National Commercial Bank traded 508,263 shares at a new 52 weeks’ high of $27 on the Jamaica Stock Exchange on Monday morning and helped to push the all Jamaican Index by 388 points. The stock subsequently traded at $28, while Supreme Ventures traded 20,000 units at a new 52 weeks’ high of $3.10.
Trading resulted in 13 securities trading including 3 from the junior market. A total of 658,835 units traded at 10.45am. Carreras traded 3,878 units but slipped back $1 to $45. Stocks not trading as yet but look promising are Caribbean Producers with the bid at $2.70 to buy 18,348 shares, the stock last traded at $2.70 on Friday. AMG Packaging had a bid for 21,262 shares at $2.33 compared to last sale of $2.26, Caribbean Cream with a bid to buy 535,715 shares at 70 cents versus last sale of 65 cents, Dolphin Cove with 95,864 shares on the bid at $9.20 where it traded this morning, General Accident Insurance having a bid for 663,735 units at $1.70 the same as the last price.