Caribbean Flavours dominates trade

In Tuesday’s trading on the Jamaica Stock Exchange, the prices of 10 stocks rose and 9 declined as 29 securities changed hands, resulting in 48,146,012 shares trading, valued at $138,990,317. Junior market, Caribbean Flavours with 44,078,122 units trading, valued at $121,212,820, was the dominant trade although there were only 4 different sets of trades in the stock with two of 22 million shares each.
Main JSE 5-8-14Market| The JSE Market Index fell by 420.68 points to 72,048.37 and the JSE All Jamaican Composite index dropped 470.39 points, to close to 79,271.36.
Gains| Stocks with gains, volume and last traded prices at the close of the main market, are Cable & Wireless with 3,108,389 shares, as the price gained 4 to close at 34 cents, Carreras with 259,900 shares changing hands, closed 50 cents higher at $34.50, Grace Kennedy 69,691 shares traded with an increase of $2.50 to $59, Pan Jamaican Investment with 100 units gained 6 cents and ended at $48.08 and Scotia Investments had 26,885 shares traded, with a gain of 60 cents t0 $20.60.
Firm| The stocks with volume and last traded prices in the main market to close without a change in price, are Caribbean Cement with 100 shares closing at $2.50, Jamaica Broilers with 9,655 shares to close at $4.57, Jamaica Money Market Brokers with 20,629 ordinary shares at $7, Jamaica Producers 2,593 shares at $17.50, Mayberry Investments 1,020 units at $1.55 and Proven Investments 5,366 US dollar ordinary share, at 18 US cents.
Declines| The stocks with losses, volume and last traded prices, at the end of trading in the main market, are Berger Paints with 3,500 in losing a cent to end at $1.65, National Commercial Bank with 25,622 shares, lost 14 cents to $18.26, Sagicor Group, lost a cent in trading 4,473 shares at $9.25, Sagicor Real Estate Fund saw 115,150 shares changing hands, with a 15 cents fall to $6.50, Scotia Group shed 50 cents while trading 15,522 units at $19 and Supreme Ventures with 96,198 shares lost 20 cents to end at $1.75, for a new 52 weeks’ low.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 23,413 units with the price unchanged at $3.
Junior Market| The JSE Junior Market Index gained 15.28 points to close at 624.72 as 10 stocks traded, with 5 advancing and 3 declining.
Gains| Stocks recording gains at the end of trading in the junior market, are Access Financial with 4,722 shares, the price gained $1.03 to $10, Caribbean Flavours traded, 44,078,122 units and closed at $2.75, while gaining 30 cents in the process. Lasco Distributors with 48,000 shares, gained 4 cents to $1.05, Lasco Financial traded 54,700 units at 3 cents higher at 93 cents and Lasco Manufacturing with 38,000 units, was up 6 cents to 86 cents.
Firm Trades| Stocks in the junior market that traded to close at the same price as the day before, are Cargo Handlers with 2,312 shares at $14 and General Accident with 3,050 shares at $1.35.
Declines| Stocks declining in the junior market at the end of trading, are Blue Power with 5,000 units as the price lost 5 cent to $9.05, Caribbean Producers with 1,500 shares, with a 7 cents drop, to $2.38 and Dolphin Cove with 4,000 shares, as it shed 85 cents to $7.55.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 12 stocks with bids higher than their last selling prices and 6 stocks with offers that were lower.

Declines dominate post emancipation trades

Trading on the Trinidad Stock Exchange on Monday, the trading day after the market closed for Emancipation day, was low with 13 securities changing hands of which only 1 advanced, 6 declined and 6 traded firm, with 59,661 stocks changing hands at a value of $1,557,124.
TTSE sum 4-8-14The Composite Index lost 1.86 points to close at 1,158.95, the All T&T Index fell by 3.59 points to close at 2,002.32 and the Cross Listed Index fell 0.02 points to end at 41.31.
Gains| Stocks increasing in price at the close, are National Flour Mills in contributing 9,834 units with a value of $10,326 and gained 5 cents, to end at $1.05.
Declines| The stocks declining at the end of trading, are Clico Investment Fund that traded 8,544 units valued at $183,775, the price declined by 10 cents to end at $21.60, First Citizens traded 2,165 units to close down by 66 cents at $36, Prestige Holdings shed a cent, while trading 2,000 units at $9.40, Republic Bank added 7,666 shares valued at $935,142, but the price fell by a cent to $121.99, Sagicor Financial Corporation with 12,500 shares changing hands for a value of $83,075, closed at $6.63, down 3 cents, Scotiabank traded 771 units but the price slid 73 cents, to close at a new 52 weeks low of $65.99.
Firm Trades| Stocks closing with prices unchanged at the end of trading are Agostini’s with 500 units, to close at $17.45, Angostura Holdings with 2,000 shares ended at $12.75, Grace Kennedy traded only 248 units at $3.45, Guardian Holdings with 11,000 shares traded for $157,300, ended at $14.30, while, National Commercial Bank with 833 shares, closed at $1.05 and Trinidad Cement closed at $1.90 while trading 1,600 shares.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 3 stocks with the bids higher than their last selling price and no stock closed with an offer that was lower.

Scotia finally drops, down $1.65 on TTSE

In Thursday’s trading on the Trinidad Stock Exchange, Scotiabank finally, gave up a fair amount of the past gain in stock price that was no longer merited, based on the fall in second quarter results, dropping $1.65 to close at $66.72 for a new 52 weeks low. The stock has been setting, to suffer a sharp fall, for three weeks but small volumes, resulted in the price inching down each day that it traded.
TTSE 31-7-14Elsewhere in trading 16 securities changed hands of which 3 advanced, 7 declined and 6 traded firm with 280,074 stocks changing hands, with a value of $4,257,707. The Composite Index lost 3.93 points to close at 1,160.81, the All T&T Index fell by 6.47 points, to close at 2,005.91 and the Cross Listed Index fell by a mere 0.18 points to end at 41.33.
Gains| Stocks increasing in price at the close, are Ansa Merchant Bank with 1,237 shares closing up 1 cents at $39.11, a new 52 weeks high. Clico Investment Fund traded 8,244 units, valued at $178,895, advanced by 2 cents to end at $21.70, Point Lisas Industrial Port Development gained 5 cents, to end at $4.20, a new 52 weeks high, while trading 13,400 shares with a value of $194,772.
Declines| The stocks declining at the end of trading are First Citizens Bank traded 350 units at $36.66, to decline by 34 cents, Jamaica Money Market Brokers with 20,571 shares, the price lost 4 cents to end at 41 cents, followed by Massy Group with 4,196 units at $69 after losing 40 cents, National Flour Mills traded 1,000 shares to close at $1 for a loss of a cent, Sagicor Financial Corporation contributed 29,245 shares as it lost a cent, to end at $6.66, Scotiabank with a volume of 40,719 shares traded for $2,717,546, closed down $1.65 at $66.72 and Trinidad Cement with 139,410 shares changing hands, for a value of $264,879, closed 3 cents lower at $1.90.
Firm Trades| Stocks closing with prices unchanged at the end of trading, are Angostura Holdings with 500 shares at $12.75, Grace Kennedy exchanged 6,000 shares to close at $3.45, Guardian Holdings with 10,202 shares valued at $145,889 to end at $14.30, National Commercial Bank contributed just 2,000 shares as the price closed at $1.05, National Enterprises traded 450 units to close at $18 and West Indian Tobacco with 2,550 shares at $118.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bid higher than the last selling price and 1 stock with the offer that was lower.

JSE Market stronger than fall in indices suggest

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In Wednesday’s trading on the Jamaica Stock Exchange, the prices of 8 stocks rose and 5 declined as 24 securities changed hands, resulting in 4,501,713 shares trading, valued at $25,395,300.
JSE sum 30-7-14Main Market| The JSE Market Index fell by 318.39 points to 71,629.96 and the JSE All Jamaican Composite index lost 356.02 points to close at 78,803.50.
Gains| Stocks with gains, volume and last traded prices at the end of trading in the main market, are Desnoes & Geddes trading of 1,000 shares to gain 55 cents to $4.55, Jamaica Broilers with 623,700 units changing hands to close with a 2 cents gain at $4.63, Jamaica Money Market Brokers with 33,753 shares gained 10 cents to $7.05, Pan Jamaican Investment gained 2 cents, to close with 68,600 shares at $48.03, Sagicor Group with 4,800 shares ended with an increase of 4 cents at $9.15 and Scotia Group 70,458 units enjoyed a 1 cent gain to $19.01.
Firm| The stocks with volume and last traded prices in the main market to close without a change in price, are Gleaner with 2,020 shares at $1.12, Grace Kennedy 9,624 units at $56.50, Hardware & Lumber 10,000 shares a $9, Jamaica Producers 30,714 shares at $17.50, Radio Jamaica with 5,592 units at $1.22, Scotia Investments 12,600 shares to close at $21, Seprod with 2,215 shares, ended at $10.50 and Supreme Ventures with 25,602units closed at $1.95.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 2,035,823 units at $3.
Declines| The stocks with losses, volume and last traded prices at the end of trading in the main market, are Carreras with 143,726 shares to close with a decline of 29 cents at $33.71, National Commercial Bank with 183,680 shares and closed with a decline 7 cents to $18.93 and Proven Investments ordinary share traded 15,609 units with the price dropping by 2 US cent 16 US cents.
Junior Market| The JSE Junior Market Index declined by 1.00 point to close at 609.88 as 6 stocks traded, with 2 advancing and 2 declining.
Gains| Stocks recording gains at the end of trading in the junior market, are KLE Group 14,460 shares to gain 5 cents at $1 and Lasco Distributors exchanging 815,867 shares as the price recovered 4 cents from the decline on Tuesday, to end at $1.
Firm Trades| Stocks in the junior market that traded to close at the same price as the day before are General Accident with 64,246 units and closed at $1.37 and Jamaican Teas with 39,636 shares closed at $3.25.
Declines| Stocks declining in the junior market at the end of trading, are Lasco Financial with 9,400 shares and declined 10 cents to 90 cents and Lasco Manufacturing with 278,588 shares, closed with a decline of 5 cents to reach a new 52 weeks low of 80 cents.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 12 stocks with bids higher than their last selling prices and 7 stocks with offers that were lower.

Junior Market stocks hit pretty hard

Junior Market stocks hit pretty hard with the Lasco companies being some of the main stocks to fall. The junior market index in closing with a fall at the end of trading today was back to last year April 17 level. On July 6 last year, the index peaked at 840.18 for 27 percent decline.
In Tuesday’s trading the prices of 6 stocks rose and 10 declined as 25 securities changed hands, resulting in 13,677,017 shares trading, valued at $33,776,828.
JSE sum-29-7-14Main Market| The JSE Market Index inched up by 38.79 points to 71,948.35 and the JSE All Jamaican Composite index gained 43.37 points to close at 79,159.52.
Gains| Stocks trading with gains, the volume and last traded prices in the main market, are Grace Kennedy 7,300 shares and gained $1.50 to close at $56.50, Kingston Wharves with 5,525 units, gained 25 cents to $5.25, Sagicor Group 520,305 units changing hands, gained 15 cents to $9.11 and Sagicor Real Estate Fund traded 44,000 units to gain 24 cents to $6.60.
Firm| The stocks with volume and last traded prices in the main market to close without a change in price, are Cable & Wireless with 1,288,478 shares in closing at 30 cents, Desnoes & Geddes with 42,180 units closed at $4, Margaritaville traded 1,700 shares at 11 US cents, Mayberry Investments 24,716 units at $1.55, National Commercial Bank with 69,861 shares closed at $19, Proven Investments 1,560 ordinary shares at 18 US cents, Radio Jamaica 1,400 shares closed at $1.22 and Seprod 4,000 shares at $10.50.
Preference| There was no trading in the preference section.
Declines| The stocks with losses, volume and last traded prices at the end of trading in the main market, are Caribbean Cement with 5,000 shares while losing 10 cents to end at $2.40, Carreras 12,000 shares down 90 cents, to end at $34, Jamaica Money Market Brokers 14,388 ordinary share with a 5 cents fall to $6.95, Jamaica Producers 8,575 shares shed a cent at $17.50, Pan Jamaican Investment with 89,299 shares, lost 9 cents at $48.01 and Scotia Group 560,000 units closed at $19, with a fall of $1.01.
Junior Market| The JSE Junior Market Index declined by 21.13 points to close at 610.88 as 7 stocks traded with 3 advancing and 4 declining.
Gains| Stocks recording gains at the end of trading in the junior market, are Lasco Financial with 758,010 units with an 8 cents rise to $1 and Paramount Trading 8,939 units at $2.70, after rising by 2 cents.
Firm Trades| Jamaican Teas with 27,800 shares closed at $3.25 and was the only stock in the junior market that traded at the same price as the day before.
Declines| Stocks declining in the junior market at the end of trading, are Caribbean Cream 551,940 units at 61 cents down 9 cents to a new 52 weeks and all-time low, followed by General Accident with 219,176 units as the price slipped 9 cents to $1.37, Lasco Distributors had a large volume of 6,933,333 shares and lost 14 cents to 96 cents a new 52 weeks low and Lasco Manufacturing with 2,477,532 shares also closed at a new 52 weeks low of 85 cents as the stock closed with a 5 cents loss.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 10 stocks with bids higher than their last selling prices and 5 stocks with offers that were lower.

11 stocks rose as Market index jumps

Broker house, Scotia Investments was the only buyer of the 875,724 Scotia Group shares that change hands in Friday’s trading, on the Jamaica Stock Exchange. The prices of the stock rose, to close at $20, but traded as high as $20.99.
BNS constIn the overall market, the prices of 11 stocks rose and 8 declined, as 26 securities changed hands, resulting in 5,240,852 shares trading, valued at $35,553,505.
Main Market| The main indices closed sharply higher in Friday’s trading as heavily weighted Scotia Group jumped to close higher by the end of trading. The JSE Market Index jumped by 1,598.01 points to 71,711.80 and the JSE All Jamaican Composite index climbed 1,786.85 points to close at 78,895.01.
Gains| Stocks with gains, volume and last traded prices, at the end of trading in the main market, are Cable & Wireless with 210,772 shares up 4 cents to 30 cents, Carreras 317,256 units, gaining 15 cents to $34, Jamaica Broilers 308 units, up 4 cents to $4.61, Jamaica Money Market Brokers with 10,000 ordinary shares, up by 5 cents to $7, National Commercial Bank that released results after trading on Thursday, closed up by 6 cents at $18.06 while trading 51,599 shares. The stock closed with the bid of $18.11 to buy 116,978 units. Pan Jamaican Investment with 1,313 stock units, gained 8 cents to $48.10, Sagicor Real Estate Fund traded 10,000 units and gained 1 cent to $6.36 and Scotia Group gained $1.30 to $20.
Firm| The stocks with volume and last traded prices in the main market to close without a price change, are Caribbean Cement with 1,600 shares at $2.50, Desnoes & Geddes 646 shares at $4, Jamaica Producers with 5,367 shares at $17.51, Sagicor Group 121,247 units at $9, Seprod 1,276 shares at $10.50 and Supreme Ventures 12,020 units at $1.95.
JSE sum 25-7-14Declines| The stocks with losses, volume and last traded prices at the end of trading in the main market, are Gleaner with 10,300 shares, down a cent at $1.11, Grace Kennedy with 5,000 shares, lost $1.05 to end at $55, Hardware & Lumber 800 units, down 15 cents at $9, Mayberry Investments 4,080 units at $1.55, for a 1 cent fall.
Preference| Jamaica Public Service 5% C preference share traded 42,102 units and was up by a cent to $3.
Junior Market| The JSE Junior Market Index declined by 21.99 points to close at 627.28 as 7 stocks traded with 2 advancing and 4 declining.
Gains| Stocks recording gains at the end of trading in the junior market, with the closing prices, are Blue Power 5,320 shares and the price was up by 5 cents to $9.10 and Lasco Manufacturing with 3,091,640 shares the price gained 10 cents to $1 but it traded at a 52 weeks low of 85 cents before recovering by the end of trading.
Firm Trades| The stock in the junior market that traded to close at the same price as the day before is General Accident with 99,982 shares at $1.46.
Declines| Stocks declining in the junior market at the end of trading with the closing prices are, Caribbean Producers with 430,000 shares with a 5 cents loss to $2.45, Honey Bun with only 100 shares to fall by 60 cents to $2.30. This stock was poised to fall sharply after it released disappointing third quarter results and the offer gradually melted away, as bids were at very low levels. Lasco Distributors with 25,000 shares lost 9 cents to end at a new 52 weeks low of $1.10 and Lasco Financial with 7,400 units was down 8 cent to 92 cents, after the company posted a 20 percent increase in its first quarter results to June.
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 5 stocks with offers that were lower.

TTTSE closes week with moderate trading

Trading on the Trinidad stock market closed the week moderately, with 11 securities changing hands, of which 1 advanced, 4 declined and 6 traded firm with 198,565 stocks changing hands, with a value of $3,016,022.
The Composite Index lost 2.48 points to close at 1,162.35, the All T&T Index fell by just 2.87 points to close at 2,006.58 and the Cross Listed Index fell by a mere 0.27 points to end at 41.65.
TTSE 25-7-14Gains| The sole stock gaining on Friday is First Citizens Bank, closing at $35.52, up a cent, while trading 4,597 shares.
Declines| The stocks declining at the end of trading are Clico Investment Fund with 23,398 shares valued at $506,599 as the price fell 36 cents, to end at $21.65, Massy Group with 200 shares, lost a cent to end at $69.41, National Enterprises 53,051 shares, traded for $955,073, closed with loss of 23 cents at $18 and National Commercial Bank fresh from reporting strong nine month results, fell 4 cents to $1.05 as 25,002 shares with a value of $26,347 traded.
Firm Trades| Stocks closing with prices unchanged at the end of trading, are Agostini’s that had 1,000 shares changing hands to close at $17.45, Ansa Mcal 8,680 units closed at $66.30, Grace Kennedy with 3,471 shares ended at $3.45, Prestige Holdings with 68,666 shares changing hands, for a value of $645,460, closed at $9.40 followed by Point Lisas Industrial Port Development that added 10,000 shares to the volume, with value of $41,500 to close at $4.15 and West Indian Tobacco with 500 shares closed at $118.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 2 stocks with the bid higher than the last selling price and 1 stock with the offer that is lower.

Lasco companies dominant in JSE trades

Lasco_Building280x150In Thursday’s trading on the Jamaica Stock Exchange the three Lasco companies dominated trading accounting 9,346,942 or 86 percent of the volume traded and nearly 37 percent of the value.
Elsewhere the prices of 6 stocks rose and 11 declined as 27 securities changed hands, resulting in 10,814,964 shares trading, valued at $25,066,008. Three stocks closed at new 52 weeks low, at the end of trading.
Main Market| The JSE Market Index rose by 165.72 points to 70,113.79 and the JSE All Jamaican Composite index moved up 185.31 points to close at 77,108.16.
Gains| Stocks recording gains at the end of trading in the main market, are Caribbean Cement with 10,000 shares, to close with a gain of 10 cents at $2.50, Gleaner with 3,000 units changing hands, gained 2 cents to close $1.12, Grace Kennedy with 4,575 shares, gained 5 cents to close at $56.05, Sagicor Real Estate Fund traded 7,800 units, to close 30 cents up at $6.35 and Scotia Group exchanged 99,000 shares, to close up 20 cents at $18.70.
Firm| The stocks in the main market to close without a price change, are Berger Paints 3,799 shares to close at $1.62, Jamaica Broilers 2,200 units traded, to close at $4.57, Jamaica Money Market Brokers with 112,700 shares closed at $6.95, Jamaica Producers, with 309 shares closed at $17.51 and Sagicor Group 67,700 units closed at $9.
JSE sum-24-7-14Declines| The number of stocks that declined in the main market, are Cable & Wireless with only 6,494 units, closed at 26 cents with a 3 cents decline, Carreras lost 5 cents in trading 188,550 shares to close at $33.85, Desnoes & Geddes with 250,000 units closed with a decline of 25 cents, to end at $4, a new 52 weeks low, National Commercial Bank exchanged 45,564 shares and closed with a one cent loss at $18, Radio Jamaica traded 2,550 units in losing 6 cents, to end at $1.22, Scotia Investments traded at a new 52 weeks low of $21 as 9,310 shares were exchanged, with a 10 cents decline and Supreme Ventures traded only 680 shares in losing 2 cents off the price, to close at $1.95.
Preference| Jamaica Money Market Brokers (JMMB) 8.50% preference share traded 57,000 units and closed at $3.50 and the JMMB 8.75% preference share traded 16,695 units, to lose 2 cents and closed at $2.99.
Junior Market| The JSE Junior Market Index declined by 14.07 points to close at 649.27 as 7 stocks traded with one advancing and 4 declining.
Gains| Dolphin Cove was the sole stock, recording a gain at the end of trading in the junior market, it traded 304,625 shares and climbed 10 cents to $8.40.
Firm Trades| The actives stocks in the junior market that closed at the same price as the day before are, Caribbean Producers with 75,000 units to close at $2.50 and Lasco Financial 1,446,904 units to close at $1.
Declines| Stocks declining in the junior market at the end of trading, are Access Financial with 34,680 shares at $8.97, down a cent $1.03, General Accident 3,000 units traded with decline of 4 cents to close $1.46, Lasco Distributors had 762,355 shares changing hands and declined by a cent to $1.19 and its sister company, Lasco Manufacturing with a large volume of 7,137,683 shares, closed at a new 52 weeks low of 90 cents, after falling 10 cents.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 9 stocks with bids higher than their last selling prices and 6 stocks with offers that were lower.

JSE slips slightly on Wednesday

In Wednesday’s trading on the Jamaica Stock Exchange, the prices of 3 stocks rose, 4 declined as 18 securities changed hands, resulting in 4,500,373 shares trading, valued at $18,301,213.
JSE sum -23-7-14Main Market| The JSE Market Index fell by 32.60 points to 69,948.07 and the JSE All Jamaican Composite index lost 36.46 points to close at 76,922.85.
Gains| Stocks recording gains at the end of trading in the main market, are Carreras with 1,348 shares and gained 30 cents to close at $33.90 followed by Ciboney with 510,000 shares to close one cent higher at 9 cents and National Commercial Bank 138,815 units gained 1 cent and closed at $18.01.
Firm| The stocks in the main market to close without a change in price, are Gleaner with 3,102 units and closed at $1.10, Grace Kennedy traded 2,500 units to close at $56, Jamaica Money Market Brokers with 6,100 ordinary shares closed at $6.95, Pan Jamaican Investment had 6,030 units trading, to close at $48.02, Sagicor Group 87,408 shares closed with the price at $9 and Scotia Investments traded only 2,625 units to close at $21.10.
Preference| Jamaica Money Market Brokers 7.50% preference share traded 30,000 units to close unchanged at $2.
Declines| The number of stocks that declined in the main market, are Jamaica Broilers with only 3,101 shares and closed with a decline of 4 cents at $4.57, Proven Investments with 4,000 ordinary shares, closed with a decline of 0.0095 cent to end at 17 US cents, Sagicor Real Estate Fund closed with a decline of 25 cents, to end at $6.05 with 211,930 units changing hands and Scotia Group with 97,601 shares closed with a decline of 11 cents at $18.50.
Junior Market| The JSE Junior Market Index declined by 6.52 points to close at 663.34 as 4 stocks traded with none advancing nor declining.
Gains| No stocks gained in the junior market at the end of trading.
Firm Trades| The stocks in the junior market that traded to close at the same price as the day before, are KLE Group with 9,424 shares to close at 95 cents, Buy Rated Knutsford Express had 1,812,228 units changing hands to close at $5.17, Lasco Distributors with 1,148,711 units, closed at $1.20 and Lasco Manufacturing with 425,450 shares closed at $1.
Declines| No stocks 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 6 stocks with bids higher than their last selling prices and 6 stocks with offers that were lower.

Gains more than losses but indices fall on JSE

In Tuesday’s trading on the Jamaica Stock Exchange, the prices of 8 stocks rose, 5 declined as 23 securities changed hands, culminating in 3,304,455 shares trading, valued at $12,238,376.
Main Market| The JSE Market Index dropped by 278.54 points to 69,980.67 and the JSE All Jamaican Composite index fell 311.45points to close at 76,959.31.
JSE sum 22-7-14Gains| Stocks recording gains at the end of trading in the main market, are Cable & Wireless with 331,127 units as the price closed 4 cents higher at 29 cents, Caribbean Cement with 15,180 shares, closed with a 15 cents gain at $2.40, Grace Kennedy traded just 1,140 units and gained $1 to end at $56, Jamaica Broilers had 107,554 shares changing hands with a 4 cents gain, to end at $4.61, Mayberry Investments had 9,000 units trading, with a 2 cents gain to close at $1.57, Scotia Group traded only 12,450 shares with a gain of 10 cents as the price closed at $18.61 and Supreme Ventures 8,000 units, resulted in a 2 cents rise to $1.97.
Firm| The stocks in the main market to close without a change in price, are Berger Paints with 14,787 to close at $1.62, Ciboney 6,000 shares to close at 8 cents, Desnoes & Geddes 1,959,606 shares to close at $4.25, Jamaica Money Market Brokers with 2,235 ordinary shares to close at $6.95, Kingston Wharves traded 68,182 shares to close at $5, National Commercial Bank traded 15,557 shares to close at $18, Radio Jamaica with 135,998 shares closed at $1.28 and Salada Foods 30,000 shares changed hands, to close at $7.90.
Declines| The number of stocks that declined in the main market, are Gleaner with 3,696 units to close at $1.10, after shedding a cent, Pan Jamaican Investment with 18,740 shares as the price slipped 24 cents to $48.02, Sagicor Group 15,168 shares traded with a loss of 5 cents to end at $9 and Scotia Investments closed at $21.10 with a loss of 20 cents, as 3,000 shares were traded.
Preference| Proven Investments 8% preference share traded 5,000 units to close unchanged at $5.04.
Junior Market| The JSE Junior Market Index declined by 9.54 points to close at 669.86 as only 3 securities traded, with one advancing and one declining.
Gains| The only stock to gain at the end of trading in the junior market is General Accident with 440,040 units as the price closed up 5 cents to $1.50.
Firm Trades| The active stock in the junior market to close at the same price as the day before, is Dolphin Cove with 1,000 shares at $8.30.
Declines| Lasco Manufacturing was the sole stock declining in the junior market at the end of trading, as 100,995 shares changed hands at $1 for a 4 cents fall.
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 6 stocks with offers that were lower.