For the final day of the week, activity on the Jamaica Stock Exchange, resulted in the prices of only 2 stocks rising and 7 declining as just 14 securities changed hands, culminating in 2,431,851 units trading, valued at $5,193,407, in all market segments.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had 7 stocks with bids higher than their last selling prices and 6 stocks with offers that were lower.
Main Market| The JSE Market Index gained 49.61 points to 72,232.91 and the JSE All Jamaican Composite index rose 55.47 points to close at79,477.72.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Cable & Wireless with 1,362,300 ordinary shares trading one cent higher at 29 cents and Scotia Group with 30,534 rose 4 cents rise to $19.07.
Firm| The stocks in the main market to close without a change in the last traded prices are, Jamaica Broilers with 1,950 units, closed at $4, Sagicor Real Estate Fund with 10,000 shares closed at $6.60 and Scotia Investments traded 27,028 units at $21.40.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Carreras with 11,388 shares, lost 10 cents to end at $34.90, Grace Kennedy traded just 8,960 units, with a loss of $1 to end at $58, National Commercial Bank closed with 25 cents decline to $17.75 as 1,682 shares traded and Sagicor Group with 42,800 gave up 17 cents to $9.40.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 339,669 units at $2.99 and Jamaica Money Market Brokers 7.50% preference share traded 568,400 units at $2.
Only 2 stocks rose & 7 fell on JSE
October 17, 2014 by
