National Commercial Bank (NCB) late in the trading session thus reversing declines in prior to this trade with the stock closing at $29.99 up by $2.94 as only 1,460 units traded. At the end, 25 securities traded of which 8 stocks gained, 8 declined with 4,829,140 units, valued at $18,876,216 changing hands in all market segments.
The JSE Market Index rose 133.87 points to 96,895.19, the JSE All Jamaican Composite index climbed 149.62 points to 107,242.12 and the JSE combined index gained 131.79 points to end at 100,036.86.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 12 stocks with bids higher than their last selling prices and 4 with offers that were lower, indicative of advancing stocks should be ahead of declining ones on Monday.
In trading, Cable and Wireless fell 1 cent with 200,000 shares changing hands, to close at 51 cents, Carreras traded 8,000 shares at $49.99, Desnoes & Geddes traded 60,357 shares after to end at $7, Gleaner traded 26,150 units at $1.90, Grace Kennedy lost 50 cents in trading 1,060 shares to close at $64. Hardware & Lumber ended with 4,980 shares trading at $12.80, Jamaica Broilers with 11,000 units changing hands, ended at $6.20 while losing 30 cents, JMMB Group traded 527,208 units, the price fell 2 cents, to end at $7.80, Radio Jamaica ended with 14,445 units changing hands with a3 cents gain to end at $3.08. Sagicor Group with 6,589 shares trading, closed for 45 cents lower at $12.55, Scotia Group traded 27,614 shares to close gain 11 cents at $23.91, Supreme Ventures had 100,000 shares changing hands at $3.74, for a loss of 6 cents. Proven Investments ordinary share traded 171,659 units at 20 US cents, after rising 2 cents and Jamaica Money Market Brokers 7.5% preference share traded 225,500 units, to end at $2.01, after gaining 1 cent.
Trading in the main market saw low volumes for individual stocks as the main market indices rose moderately, thanks to gains in NCB saves JSE from decline on Friday
September 18, 2015 by