The bullishness of Jamaica Stock Exchange continued on Thursday with all three main indices representing the main market being up, at the end of trading. A total of 44 securities were active, leading to 9,435,523 units valued at $123,466,769 changing hands, in all market segments. at the close 26 securities rose and 9 declined with 9 stocks ending at 52 weeks’ closing high and 1 at an intraday 52 weeks’ high.
The JSE Market Index shed 301.69 points to 132,432.68 the all Jamaica Composite Index gained 337.15 points to end at 146,957.28 and JSE combined index dipped 859.23 points to end at 138,361.33.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 8 stocks with bids higher than their last selling prices and 2 with offers that are lower.
In trading, Barita Investments closed at a new 52 weeks’ high of $3.66 while trading 61,000 shares to end at with a gain of 16 cents, after trading at $4, Berger Paints dropped jumped 80 cents to end at a 52 weeks’ high of $3.80 after 207,422 shares were traded. Cable and Wireless recover some lost grounds and gained 15 cents, with 2,120,843 shares changing hands. On the offer were 39,129 shares at 95 cents with bid in at 86 cents to buy 79,702 units. Caribbean Cement rose 10 cents to end at $18.10, with 183,769 shares changing hands. 
Carreras had a big trade with 1,006,300 units to close at $54 but with 1 million units being a cross, the stock gained 99 cents to end at a 52 weeks’ high, Gleaner Company traded 37,300 shares to end at $1.92, Grace Kennedy closed at $68.50 while gaining 30 cents with 16,379 shares changing hands. Jamaica Broilers traded 207,000 shares to close at $9 for a gain of 50 cents, Jamaica Producers traded 1,237 shares and gained 20 cents to end at a 52 weeks’ high of $23.70, Jamaica Stock Exchange closed with 46,000 shares trading with a gain of 21 cents at $10.86. JMMB Group traded 164,806 shares to close at $11 with the price gaining $1 for new 52 weeks’ closing high, Kingston Wharves traded 44,395 units to close at $11.10 for a 52 weeks’ closing high, after rising by 10 cents,Mayberry Investment rose 10 cents to end at $4.20 by trading 54,500 shares. National Commercial Bank with 47,367 shares changing hands declined 50 cents to end at $32.50. 
Pan Jamaican jumped $3.49 in trading 19,650 shares to end at $85, Pulse Investments traded 60,000 shares to gain 15 cents and ended at $1.35 for a 52 weeks’ high. Sagicor Group dropped 20 cents with 1,225,725 shares trading, to close at $14.50, Sagicor Real Estate Fund traded 11,929 units, the price closed at $9.50 after falling $1, Scotia Group ended with 110,716 shares changing hands and closed at $26.17 after declining $1.03. Scotia Investments fell 70 cents to close at $26.80 as 811,400 units traded, Supreme Ventures ended at a 52 weeks’ closing high of $4.65, after rising 15 cents with 222,596 shares changing hands and Proven Investments ordinary share ended at 22.98 US cents with 73,500 units changing hands.
JSE falls as 15 stocks rise 12 down
Barita Investments closed at a new 52 weeks’ high on Wednesday
The JSE Market Index shed 559.17 points to 132,130.99 the all Jamaica Composite Index dropped 624.90 points to end at 146,620.13 and JSE combined index dipped 246.22 points to end at 137,502.10.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 13 stocks with bids higher than their last selling prices and 2 with offers that are lower. In trading, Barita Investments closed at a new 52 weeks’ high of $3.50 while trading 24,500 shares to end at with a gain of 60 cents, Berger Paints dropped 45 cents to end at $3 after 13,162 shares were traded. Cable and Wireless continued under selling pressure and closed with a loss of 3 cents, but the volume increased over the 771,778 shares changing hands on Tuesday with 3,545,542 units changing hands to end at 80 centsJSE-sum-4-11-15.png”>
On the offer were 200,000 shares at 86 cents with bid in at 75 cents to buy 325,000 units. Caribbean Cement rose 12 cents to end at $18, with 50,537 shares changing hands. Desnoes & Geddes had 2,860 units changing hands, to close with a gain of 15 cents at $30.15, Gleaner Company traded 14,400 shares to end at $1.92, Grace Kennedy closed at $68.20 while gaining 20 cents with 12,493 shares changing hands. Jamaica Broilers traded 272,250 shares to close at $8.50, after trading at an intraday 52 weeks’ high of $9.20, Jamaica Producers traded 15,000 and gained 50 cents to end at a 52 weeks’ high of $23.50, Jamaica Stock Exchange closed with 26,000 shares trading with a loss of 35 cents at $10.65. JMMB Group traded 10,900 shares to close at $10 with the price gaining 14 cents, Kingston Wharves traded 31,347 units to close at $11, Mayberry Investments rose 10 cents to end at $4.20 by trading 2,049,700 shares. National Commercial Bank with 17,450 shares changing hands declined 50 cents to end at $32.50. Pan Jamaican jumped $3.49 in trading 19,650 shares to end at $85, Radio Jamaica closed at $4.82 for a fall of 18 cents in trading 12,330 shares.
Sagicor Group dropped 20 cents with 94,908 shares trading, to close at $14.50, Sagicor Real Estate Fund traded 3,000 units, the price closed at $10.50 after falling 50 cents, Scotia Group ended with 14,324 shares changing hands and closed at $26.17 after declining $1.03. Scotia Investments rose $1 to close at $27.50 as 6,000 units traded, Supreme Ventures traded at an intra-day high of $4.75, and closed at $4.50 with 10,100 shares changing hands and Proven Investments ordinary share ended at 22.98 US cents with 30,116 units changing hands.
Another day of records for JSE
The Jamaica stock Exchange closed at yet another high at the end of trading on Tuesday. All three main indices representing the main market, rose at the end of trading. The market closed with 34 securities trading, leading to 6,392,200 units valued at $68,464,086 changing hands, in all market segments. A total of 20 securities rose and 8 declined, with 8 stocks ending at 52 weeks’ closing highs and 5 at an intraday 52 weeks’ high.
The JSE Market Index shot up 500.20 points to 132,690.16, the all Jamaica Composite Index gained 559.00 points to end at 147,245.03. JSE combined index climbed 906.22 points to end at 137,748.32. All Three indices are at new closing highs.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 9 stocks with bids higher than their last selling prices and 6 with offers that are lower.
In trading, Cable and Wireless continued under selling pressure and closed with a loss of 11 cents, with 771,778 shares changing hands to end at 83 cents. Trading in the stock was between 83 and 90 cents, closing with a bid at 83 cents, to buy 246,781 shares.
On the offer were 69,365 shares at 90 cents. By the close the number of serious offers increased dramatically and now total 44, ranging up to $3.10, for a total of 11 million units. The offers at $1.20 and below covers 2.1 million units. Caribbean Cement fell back 12 cents to end at $17.88, with 16,595 shares changing hands. Desnoes & Geddes had 98,677 units changing hands, to close at $30, Gleaner Company traded 72,840 shares to end at $1.92, after rising 2 cents, Grace Kennedy traded at $68 while gaining 30 cents with 4,695 shares changing hands. Jamaica Broilers traded 7,384 shares to close at $8.50 as the price gained shed 50 cents. Jamaica Producers traded 10,000 and gained $2 to end at a 52 weeks’ high of $23, Jamaica Stock Exchange closed with 27,272 shares trading to end at $11, JMMB Group traded 1,030,443 shares to close at $9.86, Kingston Wharves gained 40 cents in trading 6,000 units to close at $11, for a new 52 weeks’ high. Mayberry Investment rose 8 cents to end at $4.10 by trading 83,731 shares. 
National Commercial Bank with 257,400 shares changing hands dropped back by $3 to end at $33. Pan Jamaican traded 14,700 shares to end $3.49 lower at $85, Radio Jamaica closed at a new 52 weeks’ high of $5 to gain 50 cents in trading 13,896 shares, but ended with the offer at $4.44 by the end of trading. Sagicor Group rose 19 cents with 78,700 shares trading, to close at $14.70, Sagicor Real Estate Fund traded 23,000 units, the price closed at $11, Scotia Group ended with 1,059,827 shares changing hands and closed at $26.20, after rising 21 cents. The stock traded up to $28.50 for an intraday high, Scotia Investments fell $1.50 to close at $26.50 as 10,000 units traded and Supreme Ventures ended with a rise of 32 cents to $4.47 with 50,000 units changing hands.
JSE starts November positively
NCB’s new Constant Spring Rd. branch the company’s stock last traded at $36 on Monday
A total of 37 securities traded leading to 6,392,200 units valued at $48,320,406 hanging hands, in all market segments. A total of 21 securities rose and 10 declined with 6 stocks ended at 52 weeks’ closing highs and 2 at an intraday 52 weeks’ high.
The JSE Market Index shot up 905.92 points to 132,189.96, the all Jamaica Composite Index gained 1,012.42 points to end at 146,686.03. JSE combined index and climbed 1,059.06, points to end at 136,842.10. All Three indices are at new closing highs.
IC bid-offer Indicator At the end of trading, in the main and junior markets, the <strong> Investor’s Choice bid-offer indicator had a reading of 12 stocks with bids higher than their last selling prices and one with an offer that was lower.
In trading, Barita Investments ended at a 52 weeks’ closing high, of $2.90 as the price gained 15 cents while 50,000 shares were traded, the stock closed with the bid at $3 to buy 60,000 shares, no stocks were offered at the close.
Cable and Wireless continued under selling pressure and closed with a loss of 36 cents, with 1,456,839 shares changing hands to end at 94 cents. Trading in the stock was between 94 cents and $1.20 and it closed with a bid at 85 cents, to buy 57,000 shares. On the offer were 800,562 shares at 94 cents. By the close the number of offers increased dramatically and now total 36, ranging up to $3.10, for a total of 9.5 million units down from 10,689,005 units on Friday. Caribbean Cement rose 27 cents to end at $18, with 27,310 shares changing hands. Carreras ended with 5,212 shares trading at $53.05, Desnoes & Geddes had 53,472 units changing hands, to close at $30, Gleaner Company traded 948,928 shares to end at $1.90, Jamaica Broilers traded 145,457 shares to close at $9 as the price gained 12 cents. Jamaica Stock Exchange closed with 56,824 shares trading to endat $11, JMMB Group traded 172,798 shares to close with a rise of 34 cents to end at $9.85. Kingston Wharves traded 13,193 units to close at $10.60 for a new 52 weeks’ high, Mayberry Investments rose 2 cents to end at $4.02, by trading 38,701 shares. National Commercial Bank with 14,604 shares changing hands jumped $3.50 to end at $36, for a new 52 weeks’ high.
Pan Jamaican traded 9,124 shares to end $4.88 cents higher, at $85, Radio Jamaica closed at a new 52 weeks’ high of $4.50 to gain 50 cents in trading 31,200 shares. Sagicor Group fell 15 cents with 102,492 shares trading, to close at $14.51, Sagicor Real Estate Fund traded 69,495 units, the price closed down 60 cents at $11, Scotia Group ended with 11,923 shares changing hands and closed at $26.17, after falling by 81 cents. Scotia Investments gained 50 cents to close at $28 as 936,435 units traded, Supreme Ventures ended at $4.20 with 581,769 units changing hands and Proven Investments ordinary share, closed with a fall of 0.9 US cents, with 24,650 units traded, to end at 23 US cents.
JSE gains over 35% for October
Sagicor Group HQ – its stock was market leader on Friday on the JSE
A total of 39 securities traded, leading to 13,797,226 units valued at $170,547,669 changing hands, in all market segments. A total of 10 securities 15 rose and 17 declined with 7 ended at 52 weeks’ closing highs and one at an intraday 52 weeks’ high.
The JSE Market Index shot up 621.25 points to 131,284.04, the all Jamaica Composite Index gained 694.29 points to end at 145,673.61. JSE combined index climbed 706.30, points to end at 135,783.04. All Three indices are at new closing highs.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 12 stocks with bids higher than their last selling prices and one with an offer that was lower.
In trading, Barita Investments ended at a 52 weeks’ closing high, of $2.75 as the price gained 19 cents while 3,000 shares were traded. Selling came in for Cable and Wireless on Friday. The stock closed with a loss of 20 cents, with 1,813,418 shares changing hands to end at $1.20. Trading in the stock was between $1.10 and $1.40 and it closed with a bid at $1.11, to buy 146,000 shares. On the offer were 830,752 shares at $1.20. By the close the number of offers increased dramatically and now total 32, ranging up to $3.10, for a total of 10,689,005 units with 10.68 million having a top offer of $1.80, the majority are at $1.50, or below. On the bid, between 80 cents and $1.11, are 4 million units. Caribbean Cement lost 27 cents to end at $17.73, with 67,416 shares changing hands. Unlike Thursday when the market closed with just two offers to sell 140,000 units at $24, at the close on Friday there were 11 offers on the board, between $17.89 up to $25 with more than 600,000 units. Bids are for over 230,000 units at $17.73, the next lot is at $16.80. Carreras ended with 1,001,700 shares trading at $53.05, a 52 weeks high, after gaining 5 cents. Desnoes & Geddes had 832,106 units changing hands, to close 15 cents lower at $30, Jamaica Broilers traded 93,884 shares to close at $8.88 as the price slipped 12 cents. Jamaica Stock Exchange closed with 20,000 shares trading to end at $11 and gained $1.25, for an all-time high, JMMB Group traded 184,433 shares to close at $9.51 after declining 29 cents. Kingston Wharves traded 10,500 units to close at $10, Mayberry Investment lost 10 cents to end at $4, by trading 918,658 shares. 
National Commercial Bank with 112,524 shares changing hands, closed 50 down at $32.50, Pan Jamaican traded 6,888 shares to end 12 cents higher, at $80.12, Sagicor Group fell 85 cents with 3,120,466 shares trading, to close at $14.66, for a rise of 51 cents. Sagicor Real Estate Fund traded 262,107 units, the price closed unchanged at $11, Scotia Group ended with 8,000 shares changing hands and closed at $26.17, after falling by 81 cents. Scotia Investments gained 50 cents to close at $27.50 as 50,000 units traded, and Proven Investments ordinary share, closed with a rise of 1.9 US cents, with 445,000 units traded, to end at 23.9 US cents.
25 stocks gained on JSE on Thursday.
Jamaica Broilers closed at a new 52 weeks’ high of $9 on Thursday.
A total of 25 stocks rose, 10 declined as 8 securities, totalling 12,318,211 units valued at $61,415,667 changed hands, in all market segments. A total of 9 stocks ended at 52 weeks’ closing highs and one at an intraday 52 weeks’ high.
The JSE Market Index shot up 33.96 points to 130,662.79, a new closing high, the all Jamaica Composite Index gained 37.95 points to end at 144,979.32. JSE combined index climbed 239.17, points to end at a new closing high of 15076.74.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 3 stocks with bids higher than their last selling prices and none with offers that were lower.
In trading, Berger Paints lost 40 cents in trading 6,500 shares to close at $3, Cable and Wireless closed with a gain of 10 cents with 4,167,792 shares changing hands to end at 52 weeks’ closing high of $1.40. The stock closed with a bid at $1.35 to buy 269,759 shares and with 14,700 shares on the offer at $1.40. Caribbean Cement lost 1 cent to end at $18, with 159,792 shares changing hands. Cement closed with only two offers to sell 140,000 units at $24, with bids are 100,000 at $17.75, at $17.73 only 32,887 units and at $17.70 one bid of 243,000 shares, as the sellers continue to hold the upper hand currently. Carreras ended with 182,073 shares trading at $53 after. Desnoes & Geddes had 34,421 units changing hands, to close at $30.15, the stock price gained 15 cents for the day. Gleaner moved up 14 cents to $2, as trading ended with 68,200 shares changing hands, Grace Kennedy lost some altitude, with 4,833 shares changing hands at $67.94, to close with a loss of $2.00, Jamaica Broilers traded 208,432 shares to close at a 52 weeks’ closing high of $9. Jamaica Producers gained 6 cents to $20.76 with only 93,468 units in closing at a new 52 weeks high, Jamaica Stock Exchange closed unchanged with only 1,000 shares trading to end at $9.75, JMMB Group traded 20,935 shares to close at $9.80 after declining 5 cents. Kingston Wharves traded 29,500 units to close with a gain of 95 cents at a 52 weeks’ high of $10, Mayberry Investment also closed at a new 52 weeks’ high, as the price rose 29 cents to reach $4.10, by trading 159,650 shares. 
National Commercial Bank with 42,039 shares changing hands closed $1.50 higher at $33, Pan Jamaican traded 73,657 shares to end at $80 with the price falling back by $10, Sagicor Group fell 85 cents with 640,958 shares trading, to close at $14.15, Sagicor Real Estate Fund traded 15,310 units as the price closed at $11, Scotia Group ended with 19,258 shares trading and closed at $26.98 after rising by 98 cents. Seprod exchanged 29,445 units and lost 69 cents, and ended at $16, Supreme Ventures ended at $4.20 with 162,100 units changing hands and gained 39 cents and Proven Investments ordinary share, closed with a loss of 1.98 US cents, with 442,900 units traded, to end at 22 US cents.
Bulls continue rampage on JSE
After clearing the near 11 year record high set back in January 2005 on Monday on Jamaica Stock Exchange bulls continued their rampage and pushed the market on Tuesday to a new record high of 143,154 points after adding 2,959.73 points on the all Jamaica Composite Index.
A total of 24 stocks rose, 10 declined as 40 securities, totalling 6,809,889 units valued at $47,476,253 changed hands, in all market segments. A total of 12 stocks ended at 52 weeks’ closing highs and 3 traded at 52 weeks’ intraday high. The JSE Market Index shot up 2,648.39 points to 129,029.81, a new closing high. JSE combined index climbed 2,323.43, points to end at a new closing high of 133,399.90.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 12 stocks with bids higher than their last selling prices and 2 with offers that were lower.
In trading, Berger Paints traded 15,000 shares and gained 40 cents to close at $3.40 for a 52 weeks’ high, Cable and Wireless closed with a gain of 24 cents as with 338,626 shares changed hands to end at 52 weeks’ high of $1.26. The stock closed 76,499 units on the bid at $1.27 and with over 2,168,716 million shares on the bid at $1.26. Caribbean Cement gained $1 to end at $18.50 for a new 52 weeks’ closing high, with 193,583 shares changing hands.
Cement closed with seven lots being offered amounting to just over 400,000 shares between $18.50 and $24. Carreras ended at 52 weeks’ high with 5,000 share trading at $53 after adding 98 cents, Ciboney Group traded 200,000 shares to end at 9 cents after gaining 1 cent. Desnoes & Geddes had 451,515 units changing hands to close at $30, Grace Kennedy exchanged 1,200 shares at $67.50 to close at a new 52 weeks High as the price gained $2.40, Jamaica Broilers traded 162,859 shares to close at $8.01. JMMB Group lost 45 cents in trading 115,050 shares to close at $9.75, Mayberry Investments traded 49,431 shares and gained 31 cents to end at a 52 weeks high of $3.81, National Commercial Bank rose 12 cents to end with 73,630 shares trading at $31.50. Pan Jamaican price traded 12,771 shares to end at $80, Pulse Investments traded 118,971 and close at 5 by gaining 4 cents, Sagicor Group lost 20 cents with 68,757 shares trading to close at $14.30.
Sagicor Real Estate Fund traded 25,000 units as the price gained 80 cents to close at $10 for a 52 weeks’ high. Scotia Group ended with 125,411 shares trading closed at $26.50 after rising by 50 cents, Seprod traded 31,400 shares at $14.96, Sterling Investments traded 216,400 shares to close at $13, Supreme Ventures ended at $3.90 with 808,203 units changing hands and lost 10 cents. Jamaica Money Market Brokers 8.75% preference share, had 100,000 units changing hands at $2.70 and Proven Investments 8% preference share closed with a loss of 10 cents as 120,500 units traded to end at $4.95.
All Jamaica at record high 140,195 points
Cable & Wireless HQ – the stock traded at a new 52 weeks’ high on Thursday, Friday and Monday
The Jamaica Stock Exchange closed on Monday at a record high of 140,194.65 points after adding 2,684.37 points with 22 stocks rising, 7 declining as 37 securities, totalling 9,954,429 units valued at $35,061,223 changed hands, in all market segments. A total of 6 stocks ended at 52 weeks’ closing highs.
Today’s gain pushed the market well over the old record of 138,917.59 set on 24th of January 2005 and ends the longest period in the market’s history, that it failed to exceed a previous high. The all Jamaica Composite Index is the last of the JSE indices to hit new highs in October.
The JSE Market Index shot up 2,402.00 points to 126,381.42, a new closing high. JSE combined index climbed 2,317.79, points to end at a new closing high of 131,076.47.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 11 stocks with bids higher than their last selling prices and none with offers that were lower.
In trading, Berger Paints traded 295,658 shares and gained 25 cents to close at $3, Cable and Wireless closed with a gain of 20 cents as with 307,231 shares changed hands to end at 52 weeks’ high of $1.02. Trading in the stock was suspended for an hour as the as the trade was executed at 97 cents, a price in excess of 15 per cent from the closing price on Friday as investors continue to respond to the news that Liberty Global planned on making a bid to acquire Cable and Wireless’ parent company. The stock closed with over 4.33 million shares on the bid at $1.02 with 2.8 million units at $1 and five offers amounting to only 47,649 shares between $1.13 and $1.70 and at 3.3 million units at $30. Caribbean Cement gained $2.70 to end at $17.50 for a new 52 weeks’ closing high, with 170,368 shares changing hands. Investors were responding to the company’s reported earnings of 72 cents for the September quarter and $1.75 for the nine months. Cement closed with only two lots being offered, amounting to 13,000 shares at $19 and $24. Ciboney Group traded 5,358,999 shares to end at 8 cents after shedding 1 cent. Desnoes & Geddes had 413,169 units changing hands to close at $30, Grace Kennedy exchanged 1,621 shares at $65.10 and gained 35 cents, Jamaica Broilers lost 49 cents in trading 55,596 shares to close at $8.01. JMMB Group gained 30 cents in trading 101,850 shares to close at $10.20, Mayberry Investments traded 8,050 shares and gained 50 cents to end at $3.50, National Commercial Bank fell 62 cents to end with 7,356 shares trading to end at $31.38.
Pan Jamaican price jumped $5 in trading 5,720 shares to end at a 52 weeks’ high of $80, Pulse Investments traded 200,000 and close at 61 by gaining 6 cents, Sagicor Group with 21,192 shares closed at $14.50. Sagicor Real Estate Fund traded 1,104 units but the price gained $1.05 to close at $9.20 and closed with a bid to buy 99,296 units at $9.20 and with only three offers posted with two at $10 to sell 25,000 units and 19,000 at $11, Scotia Group ended with 11,554 shares trading closed at $26 after rising $1.24. Seprod traded 20,700 shares at $14.96, Supreme Ventures ended at $4 with 308,224 units changing hands and gained 10 cents and Proven Investments ordinary traded 6,875 shares and fell 1.5 cents to end at 23 US cents.
JSE gains with 9 stocks at 52 weeks’ high
Cable & Wireless HQ – the stock traded at a new 52 weeks’ high on Thursday & on Friday.
The Jamaica Stock Exchange closed on Friday with 24 stocks rising, 6 declining as 39 securities, totalling 3,992,906 units valued at $54,025,781 changed hands, in all market segments. A total of 9 stocks ended at 52 weeks’ closing highs as the market closes on a another record for the all Jamaica Index.
The JSE Market Index shot up 952.69 points to 123,979.42, a new closing high. The JSE All Jamaican Composite index gained 1,064.69 to end at 137,510.28 and is 1,400 points away from the old record of 138,917.59 set on 24th of January 2005 and the JSE combined index climbed 1,055.98, points to end at a new closing high of 128,758.68.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 13 stocks with bids higher than their last selling prices and 2 with offers that were lower.
In trading, Cable and Wireless closed with a gain of 15 cents as with only 5,850 shares changed hands to end at 52 weeks’ high of 82 cents. Trading in the stock was suspended for an hour as the trade was executed at a price in excess of 15 per cent from the closing price on Thursday. Attempts were made to trade as high as $1 but those trades were cancelled, being over maximum 30 percent from the opening price permitted. Investors were responding to the news that Liberty Global Media planned on making a bid to acquire Cable and Wireless’ parent company. The stock closed with over 5.1 million shares on the bid at 82 cents and three offers amounting to 40,000 shares between $1.20 and $1.70 and at 2.66 million units at $3.75.
Caribbean Cement gained 82 cents to end at $15 for a new 52 weeks’ closing high, with 68,800 shares changing hands. The company reported earnings of 72 cents for the September quarter and $1.75 for the nine months and should enjoy another week of gains come next week. Cement closed with only three lots being offered amounting to 83,500 shares between $16.50 and $17. Carreras traded 242,083 shares to end at $52, Desnoes & Geddes had 177,539 units changing hands to close at $30, Grace Kennedy exchanged 1,621 shares at $65.10 and gained 35 cents, Jamaica Broilers added 70 cents in trading 625,083 shares to close at a 52 weeks’ high of $8.50. Jamaica Stock Exchange had 10,000 shares trading at $9.15 while the price rose 45 cents for a 52 weeks’ high, JMMB Group lost 10 cents in trading 220,241 shares to close at $9.90. Kingston Wharves traded 32,278 shares to close at $9, Mayberry Investments traded 17,435 shares and gained 14 cents to end at $3, National Commercial Bank closed with a gain of $1 with 290,955 shares trading to end at $32. 
Pan Jamaican price jumped $2 in trading 95,000 shares to end at a 52 weeks’ high of $75, Sagicor Group with 73,795 shares closed 25 cents up, to $14.50. Sagicor Real Estate Fund traded 5,000 units but the price gained 5 cents to close at $8.15 and closed with a bid to buy 100,000 units at $9.20 and with only two offers posted with one at $10 to sell 16,000 units and 19,000 at $11, Scotia Group ended with 48,410 shares trading at $24.76 after falling 25 cents. Scotia Investments ended with 5,290 shares trading at $27 after adding $1, Supreme Ventures ended at $3.90 with 205,516 units changing hands. Jamaica Money Market Brokers 7.50% preference share traded 324,850 units at $2 and Proven Investments preference share traded 179,500 units and gained 5 cents to end at of $5.05.
JSE closing on record for Jamaican stocks
Cable & Wireless HQ – the stock traded at a new 52 weeks’ high on Thursday.
The Jamaica Stock Exchange closed on Thursday with the All Jamaican Index just under 2,500 points away from the old record 138,917.59 reached on 24th of January 2005.
By the close 4 stocks ended trading, at 52 weeks’ closing highs and Desnoes and Geddes traded during the day at intraday high of $30.25. A total of 14 stocks rose, with 10 declined as 29 securities, totalling 5,416,421 units valued at $103,069,379 changed hands, in all market segments. The JSE Market Index shot up 355.39 points to 123,026.73, the JSE All Jamaican Composite index gained 397.16 to end at 136,445.59 and the JSE combined index climbed 435.35, points to end at a new high of 127,702.70.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had a reading of 12 stocks with bids higher than their last selling prices and 4 with offers that were lower.In trading, Cable and Wireless closed with a gain of 5 cents as 368,000 shares changed hands to end at 52 weeks’ high of 67 cents, Caribbean Cement gained 38 cents to end at $14.18 for a new 52 weeks’ closing high, with 137,325 shares changing hands. Carreras fell 50 cents while trading 219,140 shares to end at $52, Desnoes & Geddes had 2,001,720 units changing hands, to close at $30, Grace Kennedy exchanged 63,262 shares at $64.75 to gain 19 cents, Jamaica Broilers lost 20 cents in trading 62,885 shares to close at $7.80, JMMB Group gained 55 cents in trading 231,000 shares to close at $10.
Kingston Wharves traded 13,300 shares to close at $9, National Commercial Bank closed with a loss of 60 cents with 259,300 shares trading to end at $31. Pan Jamaican price jumped $2 in trading 20,000 shares to end at a 52 weeks’ high of $72, Radio Jamaica traded 55,799 units but the price fell 50 cents to close at $3.50, Scotia Group ended with 61,695 shares trading at $25 after falling $1. Scotia Investments ended with 20,000 shares trading at $26, Proven Investments ordinary share traded 170,644 units with a loss of 0.50 cent to end at of 24.5 US cents and Supreme Ventures gained 15 cents and ended at $3.90 with 372,698 units changing hands.