in Monday trading on the Trinidad Stock Exchange, 17 securities changed hands of which 5 advanced, 5 declined and 7 traded firm. A total of 200,232 units changed hands, with a value of $6,438,679.
The Composite Index declined by 0.16 points to close at 1,146.16, the All T&T Index fell 0.07 points to close at 1,979.81 and the Cross Listed Index eased 0.03 points to end at 40.91.
Gains| Stocks increasing in price at the close are, Clico Investment Fund with 16,470 shares valued at $363,164 and advanced by 5 cents to end at $22.05, First Citizens Bank increased 50 cents to end the day at $36.50, with 60,000 shares changing hands, for a value of $2,184,169, One Caribbean Media traded 5,250 shares, a cent higher at $24.36, for a new 52 weeks’ high and Unilever Caribbean traded 971 shares with a gain of 3 cents, to land at $64.05, a new 52 weeks’ high.
Declines| The stocks declining at the end of trading are, Angostura Holdings with 393 shares traded, to close 5 cents off, at $12.70, Guardian Holdings traded 7,457 units at $13.40 for a loss of 10 cents, Republic Bank lost a cent, in closing at $121.72 with 13,625 shares traded, valued at $1,658,435, Scotiabank lost 20 cents to close at $60.80, a new 52 weeks’ low, while trading 9,918 shares valued at $603,014 and West Indian Tobacco traded 1,212 units, at $118.07 for 3 cents decline.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Berger Paints had 30 shares trading at $3.61, Guardian Media traded 250 shares at $19.76, while Massy Holdings added 14,628 shares valued at $1,002,181, ending at $68.51, National Flour with 29,538 shares traded for $38,399, closed at $1.30, Point Lisas Industrial Port with 5,000 units closed at $4, Prestige Holdings with 1,000 shares changing hands, closed at $9.50, Sagicor Financial traded 12,929 shares at $6.20 and Scotia Investments contributed 21,561 shares with a value of $31,263, to end at $1.45,
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.
Securities trading climbs on TTSE
Three 7s clashed Monday on the JSE
What will happen when the three 7s clash? Whatever, the facts are that three 7s did clash at the end of trading on the Jamaica Stock Exchange, on Monday, as the prices of 7 stocks rose, 7 declined and 7 held firm, as 21 securities changed hands, resulting in 8,573,262 units valued at $6,218,041 being exchanged. Trading activity left the two main indices sharply down, at the close of the market.
Main Market| The JSE Market Index dived 1,027.02 points to 71,798.38 and the JSE All Jamaican Index fell 1,148.40 points to 78,991.82, with Scotia Group falling by 90 cents and Grace Kennedy by $1.50.
Gains| The volume and last traded prices of stocks with gains, at the end of trading in the main market are, Berger Paints trading 1,800 shares to close with a gain of 2 cents at $1.62, Cable & Wireless with 5,975,977 shares, gained 2 cents to 30 cents, Kingston Wharves with 18,475 units changing hands, gained 24 cents at $5.25 and Proven Investments ordinary, traded 16,900 units to gain 0.15 US cent to end at 17.25 US cents.
Firm| The stocks in the main market to close without a price change are, Desnoes & Geddes with 5,000 shares changing hands and closed at $4.70, Sagicor Group 7,000 shares ending up closing at $9.30 and Supreme Ventures 2,500 shares closed at $1.80.
Declines| The volume and last traded prices of stocks with losses at the at the end of trading in the main market are, Caribbean Cement 13,423 shares, closed down 15 cents at $2.55, Carreras 20,318 shares changing hands resulted in 25 cents lost, to $34.50, Grace Kennedy had a mere 250 units trading but the price dropped, $1.50 to $59, Jamaica Broilers put through 100,571 shares while losing 2 cents, to end at $4.50, Jamaica Money Market Brokers had 49,782 ordinary shares closing 5 cents down at $6.95 and Scotia Group with 11,600 shares, closed down 90 cents to $19.10.
Preference| Jamaica Money Market Brokers 8.75% preference share, traded 20,000 units at $3 and their 8.50% preference share put in 25,000 units, 5 cents lower at $3.45.
Junior Market| The JSE Junior Market Index rose 1.67 points to close at 662.16, as 6 securities traded, with 3 advancing and none declining.
Gains| Stocks recording gains at the end of trading in the junior market are, Consolidated Bakeries with 1,816,000 units changing hands, 5 cents higher to close at 80 cents, General Accident with 200,000 shares changing hands and closed with a gain of 5 cents to $1.45 and Lasco Distributors in trading 210,690 units put on a cent to $1.13.
Firm Trades| Stocks in the junior market that traded to close at the same price as the day before are, Jamaican Teas that had 11,143 shares trading at $3.30 at the close, Knutsford Express with 1,812 shares, ended at $5 and Lasco Manufacturing ended up with 65,021 units at $1.04 at the close.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 5 stocks with bids higher than their last selling prices and 8 stocks with offers that were lower.
Low trading continues on TTSE
Trading on the Trinidad Stock Exchange was on Monday resulted in 12 active securities of which 3 advanced, 1 declined and 8 traded firm, with 265,142 units changing hands, with a value of $1,321,392. One stock closed at new 52 weeks’ high and one at 52 weeks’ low.
The Composite Index rose 0.10 points to close at 1,146.58, the All T&T Index rose by 0.19 points to close at 1,980.07 and the Cross Listed Index remained at 40.98.
Gains| Stocks increasing in price at the close are, Agostini’s as the price increased by 5 cents to end the day at $17.30, while trading 1,020 shares, Ansa Merchant Bank with 584 shares to gain 2 cents and ended at $39.32, a new 52 weeks’ high and National Enterprises, 500 shares traded 1 cent higher, at $17.76.
Declines| Readymix that seldom trades, suffered a decline of 20 cents to end at $18.80 for a new 52 weeks’ low, as 100 units changed hands, and is the sole stock declining at the end of trading.
Firm Trades| Stocks closing with prices unchanged at the end of trading are, Ansa Mcal, 222 shares trading at $66.25, Berger Paints Trinidad with 100 shares, closed at $3.61, First Citizens Bank had 2,627 units changing hands at $35.98, Guardian Holdings contributed 65,700 shares, with a value of $886,950 and closed at $13.50, Jamaica Money Market Brokers traded 5,000 shares at 45 cents, National Commercial Bank with 100,000 shares changing hands for a value of $100,000, closed at $1, followed by Scotia Investments with 81,435 shares for $122,153 at $1.50 or the Jamaican equivalent of J$26.25. It last sold in Jamaica at $21.50, while Sagicor Financial Corporation added 7,854 shares valued at $49,088 at $6.25.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 4 stocks with the bid higher than their last selling prices and 2 stocks with offers that were lower.
Woefully poor trading levels on JSE
Trading on Monday on the Jamaica Stock Exchange, was slow, with very low volume and the number of active securities. The prices of 4 stocks rose and 5 declined as 19 securities changed hands, resulting in a mere 1,766,283 shares trading, valued at $$6,535,261.
Main Market| The JSE Market Index fell by 125.11 points to 71,626.41 and the JSE All Jamaican Composite index dipped 139.90 points to close at 78,799.53.
Gains| The volume and last traded prices of stocks with gains, at the end of trading in the main market, are Jamaica Broilers in trading 46,360 units, closed at $4.52 by gaining 2 cents, Mayberry Investments with 2,040 shares to close with a gain of 3 cents at $1.70 and Scotia Group with 41,687 units to gain 5 cents to $19.
Firm| The stocks in the main market to close without a price change, with volume and last traded prices, are Berger Paints with 3,799 shares closing at $1.60, Cable & Wireless with 4,348 units closed at 29 cents, Caribbean Cement 16,954 shares at $2.70, followed by Carreras with 6,120 units at $34.80, Ciboney put through only 2,000 shares at 7 cents, Grace Kennedy with 1,477 units, ended at $60.50, Jamaica Money Market Brokers had only 1,833 units trading at $6.95 and Sagicor Group with 21,140 shares closed at $9.30.
Declines| The volume and last traded prices of stocks with losses at the at the end of trading in the main market, are, Hardware & Lumber with 600 shares, lost 51 cents to end at $6.50, Kingston Wharves with 57,191 units closed 2 cents less at $5, Radio Jamaica had 10,292 units changing hands, for the loss of a cent at $1.04 and Sagicor Real Estate Fund closed with 1,200 changing hands by losing 4 cents to close at $6.91.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 1,399,467 units at $3 and Proven Investments 8% preference share traded 38,000 units at $5.
Junior Market| The JSE Junior Market Index declined by 0.08 points to close at 653.86 as only 2 stocks traded with 1 advancing and 1 declining.
Gains| Caribbean Producers traded 110,775 shares to close 1 cent higher at $2.36 to be the only stocks recording an increase at the end of trading in the junior market.
Firm Trades| No active stock in the junior market, closed at the same price as the day before.
Declines| Blue Power is the sole stock to record a decline in price, as it traded 1,000 shares while losing 5 cents to $9.05.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with bids higher than their last selling prices and 6 stocks with offers that were lower.
Declines & advances even as JSE continues sideways
In Friday’s trading on the Jamaica Stock Exchange, the prices of 7 stocks rose and 7 declined as 24 securities changed hands, resulting in 3,072,116 units trading, valued at $22,272,471.
Main Market| The JSE Market Index fell by 550.24 points to 71,751.52 and the JSE All Jamaican Composite index dived 615.26 points, to close at 78,939.43.
Gains| The volume and last traded prices of stocks with gains, at the end of trading in the main market are, Caribbean Cement with 7,975 shares to close with a gain of 20 cents at $2.70, Pan Jamaican Investment had 2,552 units changing hands to gain 42 cents at $49, Proven Investments ordinary share, traded 322,428 units to gain 0.15 US cents to end at 17 US cents and Radio Jamaica had just 483 units changing ownership and gained a cent to $1.05.
Firm| The stocks in the main market to close without a change in price with volume and last traded prices are, Berger Paints with 34,975 units, closed at $1.60, Cable & Wireless had just 33,384 shares trading, in closing at 29 cents, Grace Kennedy put through 684 units to close at $60.50, Jamaica Broilers 172,852 shares traded at $4.50, Jamaica Money Market Brokers ordinary, traded 217,974 shares to close at $6.95, National Commercial Bank with 50,450 shares closed at $18, Scotia Group enjoyed the exchange of 136,580 shares at $18.95 and Seprod 1,037 shares went through at $11.
Declines| The volume and last traded prices of stocks with losses at the at the end of trading in the main market are, Desnoes & Geddes with 115,228 shares, while losing 15 cents to end at $4.50, Kingston Wharves 3,500 shares was traded at 48 cents lower, to end at $5.02, Mayberry Investments with 4,080 units passing through the market, lost 23 cents to end at $1.67, Sagicor Group with 602,981 shares, lost 10 cents to end at $9.30 and Scotia Investments with 4,100 units changing hands, closed $2.60 down at $21.40.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 80,500 units at $3 and the 7.50% preference share, traded 1,000,000 units at $2.
Junior Market| The JSE Junior Market Index, declined by 12.30 points to close at 653.94 as only 4 stocks traded, with 3 advancing and 1 declining.
Gains| Stocks recording gains at the end of trading in the junior market, are Blue Power with 5,000 shares, gaining 5 cents to $9.10, Lasco Financial with 81,000 units traded, to close 8 cents higher at $1 and Lasco Manufacturing with 15,348 shares, close with a gain of 11 cents at $1.04.
Firm Trades| There were no active stocks in the junior market that that closed at the same price as the day before.
Declines| Lasco Distributors with 146,506 shares was the sole security declining in the junior market, at the end of trading, the price slipped a cent to end at $1.11.
IC bid-offer Indicator| At the end of trading 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. An indication that the market is moving sideways for now.
Active securities climbed on JSE
In Thursday’s trading on the Jamaica Stock Exchange, the prices of 11 stocks rose and 9 declined as 29 securities changed hands, resulting in 4,031,674 shares trading, valued at $20,663,144.
Main Market| The JSE Market Index gained 539.88 points to 72,301.76 and the JSE All Jamaican Composite index rose 603.67 points to close at 79,554.69.
Gains| The volume and last traded prices of stocks with gains at the end of trading, in the main market are, Caribbean Cement with 10,000 shares trading to close with a gain of 10 cents at $2.50, Desnoes & Geddes with 10,000 shares with 5 cents gain, to $4.65, Kingston Wharves gained 48 cents while trading 500 shares at $5.50, Mayberry Investments gained 20 cents to close at $1.90 with 144,148 units changing hands. Sagicor Group had 706,269 active units and closed 40 cents higher at $9.40, Sagicor Real Estate Fund with 28,880 units, gained 5 cents at $6.95, Scotia Investments traded only 1,000 shares and put on $2.60 to end at $24 and Seprod with 18,825 units closed 25 cents up at $11.
Firm| The stocks in the main market to close without a change in price, with volume and last traded prices are, Berger Paints with 5,000 shares closing at $1.60, Carreras trading 4,711 units and closed at $34.90 and National Commercial Bank with 25,352 shares, closed at $18.
Declines| The volume and last traded prices of stocks with losses at the at the end of trading in the main market are, Cable & Wireless with 12,000 shares, declined by a cent to close at 29 cents, Grace Kennedy with only 199 shares, dipped 50 cents to $60.50, Hardware & Lumber with 10,000 shares, lost 59 cents to end at $7.01, Jamaica Broilers with 2,374,605 shares closed 20 cent down at $4.50, Jamaica Money Market Brokers 11,406 shares, saw the price slipping by a cent to $6.95 and Scotia Group 8,950 shares traded with a loss of 5 cents at $18.95.
Preference| Jamaica Money Market Brokers (JMMB) 8.75% preference share traded 2,000 units at $3, JMMB 7.50% preference share ended trading with 240,000 units at $2 and Proven Investments 8% Preference share traded 113,300 units at $5.05.
Junior Market| The JSE Junior Market Index declined by 7.79 points to close at 641.64 as 9 stocks traded with 3 advancing and 3 declining.
Gains| Stocks recording gains at the end of trading in the junior market are, Dolphin Cove with activity in 2,000 shares as the price was up 25 cents to $8, General Accident with 15,000 shares put on 2 cents to $1.36 and Lasco Distributors traded 92,770 units at a cent higher at $1.12.
Firm Trades| Stocks in the junior market that traded to close at the same price as the day before are, Access Financial with 2,400 units at $10.18, Honey Bun ended at $2.34 with 1,736 shares changing hands and Lasco Financial 110,956 shares, traded at 92 cents.
Declines| Stocks declining in the junior market at the end of trading are, Blue Power with just 3,415 units, shed 1 cent to $9.05, Caribbean Producers with 15,000 shares lost a cent, to end at $2.35 and Lasco Manufacturing 61,252 units closed own a cent at 93 cents.
IC bid-offer Indicator| At the end of trading 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.
Scotia Group drives indices up sharply
The major indices of the Jamaica Stock Exchange jumped sharply In Tuesday’s trading, but this may not last as a jump in Scotia Group share price to $20.49 was the main reason for the big move, as Scotia Investments purchase the vast majority of the stock. For the overall market prices of 10 stocks rose, 5 declined as 26 securities changed hands, resulting in 13,528,222 shares trading, valued at $26,762,169.
Main Market| The JSE Market Index leapt by 1,732.90 points to 73,093.62 and the JSE All Jamaican Composite index jumped 1,937.69 points to close at 80,440.13,
Gains| The volume and last traded prices of stocks with gains, at the end of trading in the main market, are Caribbean Cement with 24,297 units changing hands, gained 12 cents to $2.22, Grace Kennedy with 1,090 shares added $2 to price to end at $61, Jamaica Broilers had 600 units trading, as the price gained 13 cents to $4.70, National Commercial Bank with 5,125 shares put on 38 cents to close at $18, Radio Jamaica 2,554 units closed with 4 cents increase at $1.04, Sagicor Group had activity in 131,695 shares and gained 10 cents at $9.50, Sagicor Real Estate Fund 7,500 units traded with 5 cents gain at $6.90 and Scotia Group traded 957,902 shares to gain $1.68 to end at $20.47.
Firm| The stocks in the main market to close without a change in price with volume and last traded prices, are Cable & Wireless with 11,967,181 shares at 30 cents, with broker, Pan Caribbean doing the bulk of the sales, while JMMB bought all from Pan Caribbean, Carreras with only 200 shares closed at $34.80, Jamaica Money Market Brokers traded 120,937 ordinary shares at $7 and Kingston Wharves with 10,000 units, ended at $5.02.
Declines| The volume and last traded prices of stocks with losses at the at the end of trading in the main market, are Berger Paints with 5,000 shares, declined by 2 cents, to close at $1.60, Hardware & Lumber with 5,000 shares lost $1.40 to $7.60 and Proven Investments with 4,813 ordinary shares, closed at 0.25 US cents lower at 17US cents.
Preference| Junior market listed Eppley 9.5% preference share, traded 54,433 units at $6.10, Jamaica Money Market Brokers 8.50% preference share had 2,729 units changing hands at $3.50 and Jamaica Money Market Brokers 8.75% preference share traded 17,200 units at $3.
Junior Market| The JSE Junior Market Index declined by 7.13 points to close at 649.85 as 9 stocks traded with 2 advancing and 2 declining.
Gains| Stocks recording gains at the end of trading in the junior market are, AMG Packaging with 4,741 shares to close with a gain of 3 cents, at $2.43 and Lasco Manufacturing with 19,600 units, to close 9 cents higher at $1.04.
Firm Trades| Stocks in the junior market that traded to close at the same price as the day before are, Blue Power with 2,500 shares at $9.06, Dolphin Cove with 2,000 shares at $7.75, Jamaican Teas 160,000 shares at $3.30 and Knutsford Express, with 4,303 units at $5.16.
Declines| Stocks declining in the junior market at the end of trading, are Access Financial with 2,322 shares, down 2 cents, to close at $10.18 and Lasco Financial with 14,500 units, lost 8 cents to 92 cents.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator, had 6 stocks with bids higher than their last selling prices and 7 stocks with offers, that were lower.
National Flour Mills up 73% more gains coming
National Flour Mills was priced at 75 cents on July 26, last year. At the end of August this year, the stock is selling at $1.30, a gain of 73 percent.
IC insider had the stock as the second on the list of stocks on the Trinidad Stock Exchange, with potential gains, with 252 percent at the end of July last year. It remained as number 2 up to September 20th. By the end of the following week, the stock price moved up to 89 cents and the position slipped to number 4 top potential gainer, with likely gains of 197 percent as the price rose.
At the end of December, the potential declined to 172 percent, but it was still at 4th position. By July the stock moved back into number 2 position as the earnings were upgraded to 16 cents per share in April, with potential gains of 252 percent once more.
The stock sits at number 5 presently, with a potential gain of 171 percent. Immediately below at 114 percent, is Massy Holdings. Citizens Bank sits next with likely gains of 68 percent and Republic with 42 percent. At the top is Trinidad Cement with 256 percent followed by Point Lisas with 210 percent, Guardian 207 percent and Berger 205 percent.
Since July last year, the performance of some of the IC Insider potential gainers on the Trinidad Stock Exchange are, Trinidad Cement with gains of 178 percent, First Citizens, 52 percent from its IPO price, Massy Holdings 17 percent, One Caribbean Media 39 percent, Point Lisas and Republic Bank 11 percent each.
Cable & Wireless trades 23.5m shares on JSE
In Friday’s trading on the Jamaica Stock Exchange, Cable & Wireless dominated trading with 23.5 million shares, valued at $7 million, in 8 different lots. The price of the stock slipped at the close of the market, on a day when the prices of 8 stocks rose and 8 declined as 24 securities changed hands, resulting in 25,186,205 shares trading, valued at $15,293,836.
Main Market| The JSE Market Index dropped by 140.37points to 71,602.04 and the JSE All Jamaican Composite index fell 156.95 points to close at 78,772.29.
Gains| The volume and last traded prices of stocks with gains, at the end of trading in the main market, are Berger Paints with 7,500 gained 2 cents at $1.62, Jamaica Money Market Brokers with 23,600 shares to close with a gain of 5 cents at $7, Mayberry Investments 78,468 shares traded closed 5 higher at $1.65, National Commercial Bank with 107,897 shares changing hands closed 1 cent higher at $18, Proven Investments ordinary share traded 25,300 units with 0.25 US cents gain at 17.25 US cents, Sagicor Group had 39,030 shares trading at 16 cents, to end at $9.40 and Scotia Group 21,000 units to end at 2 cents higher at $18.84.
Firm| The stocks in the main market to close without a change in price with volume and last traded prices, are Grace Kennedy with 7,960 closed at $59, Jamaica Broilers had 10,175 units changing hands at $4.70, Sagicor Real Estate Fund with 30,000 units traded at $6.85 and Scotia Investments 3,000 shares closed at $21.40.
Declines| The volume and last traded prices of stocks with losses at the at the end of trading in the main market are, Cable & Wireless lost 2 cents I trading 23,460,586 shares with a loss of 2 cents to 30 cents, Caribbean Cement with 16,748 lost 14 cents to $2.04, Carreras with 10,193 shares lost 1 cent to end at $34.89, Desnoes & Geddes 342,700 shares changed hands at 19 cents lower at $4.60, Jamaica Producers had 61,440 shares changing hands at $15.60 after losing 5 cents and Buy Rated Radio Jamaica lost 22 cents while trading 319,350 shares to end at $1, for a 52 weeks low.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 17,000 units at $3.
Junior Market| The JSE Junior Market Index declined by 3.97 points to close at 643.12 as 6 stocks traded with 1 advancing and 2 declining.
Gains| Access Financial with 100 units closed 2 cents higher at $10.20 and was the only stocks recording an increase at the end of trading in the junior market.
Firm Trades| Stocks in the junior market that traded to close at the same price as the day before are, Caribbean Cream with 103,000 shares closing at 75 cents, General Accident with 145,448 units closed at $1.40 and Lasco Financial traded 3,000 shares at $1.
Declines| Stocks declining in the junior market at the end of trading, are Lasco Distributors traded 202,000 units at $1.11 as the price lost a cent and Lasco Manufacturing with 150,710 shares closed 5 cents higher at 92 cents.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 7 stocks with bids higher than their last selling prices and 3 stocks with offers that were lower.
9 stocks rose & only 3 fell on JSE
In Thursday’s trading on the Jamaica Stock Exchange, the prices of 9 stocks rose and 3 declined as 20 securities changed hands, resulting in 2,085,438 shares trading, valued at $15,090,664.
Main Market| The JSE Market Index dropped by 81.34 points to 71,742.41 and the JSE All Jamaican Composite index fell 90.95 points to close at 78,929.24.
Gains| The volume and last traded prices of stocks with gains, at the end of trading in the main market are, Cable & Wireless with 513,155 shares to close with a gain of a cent at 32 cents, Carreras gained 15 cents to close at $34.90 with 1,648 units changing hands, followed by Pan Jamaican Investment with 100,836 shares at $48.58, after gaining 7 cents, Sagicor Group 51,878 shares resulted in 1 cent gain to $9.24, Scotia Group with 18,970 shares gained 5 cents to end at $18.82 and Seprod traded only 1,400 units to put on 25 cents at $10.75.
Firm| The stocks in the main market to close without a change in price with volume and last traded prices, are Berger Paints with 3,420 shares closing at $1.60, Jamaica Broilers with 4,825 traded closed at $4.70, Jamaica Money Market Brokers with 31,655 units at $6.95 and Kingston Wharves 4,000 shares closed at $5.02.
Declines| The volume and last traded prices of stocks with losses, at the at the end of trading in the main market are, Caribbean Cement with 72,438 shares in losing 42 cents, to end at $2.18, National Commercial Bank with 342,852 shares closing 51 cents down at $17.99 and Supreme Ventures losing 6 cents in trading 62,000 units, to finish at $1.80.
Preference| Jamaica Money Market Brokers (JMMB) 8.75% preference share traded 686,000 units at $3 and the JMMB 7.50% preference share, traded just 1,000 units at $2.
Junior Market| The JSE Junior Market Index gained 2.65 points to close at 647.09 as only 5 securities traded with 3 advancing and none declining.
Gains| Stocks recording gains at the end of trading in the junior market, are C2W Music gained 2 cents with 5,759 shares to land at 40 cents, General Accident with 902 shares closed 5 cents up at $1.40 and Lasco Manufacturing with 100,000 shares was 2 cents ahead at 97 cents.
Firm Trades| Stocks in the junior market that traded to close at the same price as the day before are, Caribbean Producers that had 21,500 shares trading at $2.36 and Lasco Financial with 61,200 shares ended at $1.
Declines| No stock declined in the junior market at the end of trading.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with bids higher than their last selling prices and 4 stocks with offers that were lower.
