72% Customer Satisfaction for CWJ

Cable & Wireless Jamaica (CWJ) trading as Lime, ranked highest in customer satisfaction among all of Jamaica’s utility providers, according to a survey by the Office of Utilities Regulation, OUR CWJ said in a release recently.
CWJ old 1According to the report the Regulator said 72% of respondents reported that they were satisfied doing business with Cable & Wireless.
Among its telecommunications rivals Digicel, Flow and other utility providers, customers gave the company, the highest marks for product quality and accurate billing and placed them on top for customer care that makes them feel valued and respected.
“We have consistently put customers at the center of our strategic commercial decision-making and these objective survey results are the just reward for those efforts.” Garfield Sinclair Cable & Wireless CEO stated in response to this latest round positive public perception.
Cable & Wireless also received coveted recognition for being the only Telecommunications provider to register a double-digit increase in service quality over the 12-month review period.

JSE closes with10 down 3 up

In Tuesday’s trading on the Jamaica Stock Exchange, the prices of only 3 stocks rose while 10 declined, as 22 securities traded, resulting in 9,334,640 shares changing hands valued at $118,822,240. The increased trading over Monday’s level is due to trades mostly executed by Scotia Investments in Pan Jamaican Investment, Sagicor Group and Scotia Group. At the end of trading the IC bid-offer Indicator was strongly positive with 3 to 1 ratio.
JSEPic 17-6-14Main Market| The JSE Market Index declined by 918.77 points to 70,261.76 and the JSE All Jamaican Composite index moved dropped by 1,027.34 points to close at 77,273.62.
Gains| Stocks recording gains at the end of trading in the main market are Caribbean Cement in trading 1,935 units to close 10 cents up at $2.10, National Commercial Bank with 46,675 units changing hands with a 50 cents gain to close at $18.50 and Supreme Ventures with 316,731 shares closing at $1.96 for a 1 cent gain.
Firm| The stocks in the main market to close without a change in price are Grace Kennedy with 15,000 units and closed at $54, Mayberry Investments with 21,928 units, closed at $1.65, Sagicor Real Estate Fund with 28,480 units, closed at $6.10 and Seprod 500 units, closed at $10.50.
Preference| Jamaica Money Market Brokers 7.50% preference share traded 28,000 units and closed at $2 and the 8.75% preference shares had 134,000 units trading to close at $3.05.
Declines| The number of stocks to decline in the main market are Cable & Wireless with 1,700,951 units while losing 1 cent to end at 27 cents, Carreras with 100,652 shares, declined by 50 cents to close at $34, Desnoes & Geddes 500 shares, declined by 30 cents to close at $4.30, Hardware & Lumber with 4,000 shares, dropped 50 cents to close at $9.50, Pan Jamaican Investment 1,000,859 shares, declined by 5 cents to close at $48, Sagicor Group exchanged 3,447,684 shares to fall by 30 cents and closed at $8.80 and Scotia Group with 1,692,397 shares to decline by 20 cents to close at $19.30.

Junior Market| The JSE Junior Market Index declined by 3.98 points to 710.78 as 6 stocks traded with none advancing and 3 declining.
Gains| None.
Firm Trades| Stocks in the junior market that traded to close at the same price as the day before are Access Financial 1,000 shares to close at $13.50, Lasco Financial 3,087 units and closed at $1.13 and Lasco Manufacturing 157,000 units while closing at $1.05.
Declines| Stocks declining in the junior market at the end of trading are Caribbean Cream with 12,500 shares, declined by 8 cents to close at 75 cents, Consolidated Bakeries 458,761 units, declined by 8 cents to close at 82 cents and Lasco Distributors with 162,000 shares, fell 3 cents to close at $1.18.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 13 stocks with the bid higher than the last selling price and 4 stocks with offers that were lower.

D&G dominates trade as JSE gains

JSE sum pic 13-6-14There was trading in 25 securities on the Jamaica Stock Exchange with 7 rising and 4 declining as 3,530,162 units changed hands valued at $40,444,650 on Friday with Desnoes & Geddes being the dominant trade with 1.99 million units valued at $9.1 million.Main Market| The JSE Market Index advanced by 164.38 points to close at 70,496.64, the JSE All Jamaican Composite gained 183.80 points to 77,536.24 and only 3 companies in the main market advanced in price and 3 declined.
Gains| Stocks recording gains at the end of trading in the main market are Desnoes & Geddes with 1,986,182 shares changing hands to close with a gain of 35 cents at $4.60, Cable & Wireless with 8,199 units to close with the gain of a cent at 28 cents and Sagicor Real Estate Fund 14,690 shares, in closing 2 cents higher at $6.10.

Firm| The stocks in the main market to close without a change in price are, Berger Paints with 4,890 units in closing at $1.70, Ciboney with 60,000 units and closed at 7 cents, Grace Kennedy had 449,339 units changing hands to close at $54, Jamaica Broilers 25,474 shares and closed at $4.57, Jamaica Money Market Brokers with 41,722 ordinary shares closed at $6.50, Kingston Wharves with 10,000 units, closed at $5.05, Sagicor Group 17,540 shares to close at $9.10, Salada Foods, 5,885 units and closed at $8, Scotia Group saw 156,453 units trading to end at $19.30 and Supreme Ventures 58,900 units landed the closing price at $1.95.
Declines| The number of stocks that declined in the main market are Jamaica Producers with 923 shares changing hands, in closing 20 cents lower at $17, National Commercial Bank having 90,950 shares in closing at $1.48 down to $17 and Scotia Investments with 6,520 shares closing at $24 for a fall of $1.50.

Preference| Jamaica Money Market Brokers (JMMB) 7.50% preference shares traded 78,844 units to close unchanged at $2, JMMB 7.25% preference shares had 141,150 units changing hands to close 5 cents up at $2.50 and JMMB 8.50% preference shares traded 17,000 units to close with a gain of 1 cent at $3.51.
Junior Market| The JSE Junior Market Index inched up by 1.58 points to close at 715.42 as 6 stocks traded with 2 advancing and 1 declining.
Gains| Stocks recording gains at the end of trading in the junior market are Lasco Distributors with 46,700 shares to close at $1.21 with a gain of 3 cents and Lasco Manufacturing with 21,823 shares to close 1 cent higher at $1.05.

Firm Trades| The stocks in the junior market stocks that traded and closed at the same price as the previous trading day are Caribbean Producers with 76,978 units, closing at $2.65, Consolidated Bakeries 10,000 at 90 cents and Lasco Financial with 50,000 units in closing at $1.15.
Declines| Only one stocks declined in the junior market at the end of trading with Jamaican Teas having 150,000 shares changing hands to close 25 cents down at $3.25.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 7 stocks with the bid higher than the last selling price and 4 stocks with offers that were lower.