Carreras and National Commercial Bank gained $1 each in moderate trading Monday on the Jamaica Stock Exchange as the prices of 4 stocks rose and 4 declined with 19 securities traded, resulting in 4,229,295 shares trading valued at $47,344,274, both the volume and value of traded were higher than on Friday but the number of securities traded were down from 25 previously.
Main Market| The JSE Market Index gained 683.89 points to 71,180.53 and the JSE All Jamaican Composite index moved 764.72 points to close at 78,300.96.
Gains| Stocks recording gains at the end of trading in the main market are Carreras had 28,057 units changing hands with a gain of $1 in closing at $34.50, Jamaica Money Market Brokers with 93,767 ordinary shares closing at 10 higher at $6.60, National Commercial Bank with 15,940 shares, gained a $1 to end at $18 and Scotia Group saw 1,599,574 units changing hands to close 20 cents higher at $19.50.
Firm| The stocks in the main market to close without a change in price are Grace Kennedy 15,000 units to close at $54, Hardware & Lumber 300 shares to close at $10, Jamaica Broilers with 34,000 units to close at $4.57, Radio Jamaica 5,370 shares to close at $1.29, Sagicor Group with 958,732 units to close at $9.10 and Seprod 61,832 shares to close at $10.50.
Preference| Jamaica Money Market Brokers 8.75% share traded 1,157,770 units to close at $3.05.
Declines| The number of stocks that declined in the main market are Caribbean Cement 141,566 units to close 5 cents lower at $2, Mayberry Investments with 2,522 units to close at 8 cents at $1.65, Pan Jamaican Investment 250 shares to close 5 cents lower at $48.05.
Junior Market| The JSE Junior Market Index declined by 0.66 points to close at 714.76 as only 5 stocks traded with none advancing and 1 declining.
Firm Trades| The stocks in the junior market stocks that traded to close at the same price as the previous trading day are Consolidated Bakeries with 10,100 shares to close 90 cents, General Accident 16,640 units to close at $1.36, Lasco Distributors with 83,465 shares to close $1.21 and Lasco Manufacturing 1,410 units to close at $1.05
Declines| The stock declining in the junior market at the end of trading is Lasco Financial with only 3,000 units to close at $1.13 with a 2 cents loss.
IC bid-offer Indicator| At the end of trading the Investor’s Choice bid-offer indicator had 6 stocks with the bid higher than the last selling price and 6 stocks with offers that were lower.