11 stocks rise & 7 declined on JSE

TVJ a subsidiary of RJR who's stock gained 18% on Tuesday based on good gains in earnings for the 9 months to the end of 2014.

TVJ a subsidiary of RJR who’s stock gained 18% on Tuesday based on good gains in earnings for the 9 months to the end of 2014.

Tuesday’s activity on the Jamaica Stock Exchange, resulted in the prices of 11 stocks rising and 7 declining as 28 securities changed hands, ending in 7,480,982 units trading, valued at $16,000,562, in all market segments.
Main Market| The JSE Market Index lost 136.27 points to 78,711.11, the JSE All Jamaican Composite index fell 152.35 points to close at 86,720.98 and the JSE combined index declined by 201.90 points to 80,718.52.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 7 stocks with bids higher than their last selling prices and 4 with offers that were lower.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Caribbean Cement ending trading with 13,180 units to close 10 cents higher at $2.60, Desnoes & Geddes closing with 251,000 shares while gaining 2 cents to $4.92, Grace Kennedy closing with 45,000 shares as the price jumped 1 cent more to $60.01, Radio Jamaica finished with 218,254 shares while gaining 20 cents to $1.30, Scotia Investments in trading 400 shares while gaining 44 cents to $23 and Seprod in trading 6,781 shares to end with an increase of $1.04 to $13.
JSE sum 17-2-15 Firm| The stocks in the main market to close without a change in the last traded prices are, Jamaica Broilers had 561,990 shares trading at $4, Jamaica Money Market Brokers closed with 1,380 units trading at $6.90, Jamaica Stock Exchange finished with 32,800 shares trading at $2.15, Kingston Properties ending with 40,000 shares changing hands to close $7.50, Proven Investments ended trading with 1,310 units trading at 19 US cents, Sagicor Group closed with 79,372 shares changing hands at $10.25, Sagicor Real Estate Fund concluding trading with 5,880 units traded at $6.80, Supreme Ventures closing with 1,500 shares at $2.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Cable & Wireless closed with 1,539,455 shares changing hands to close 5 cents to 48 cents, Carreras finished with 6,935 units trading as the price slipped $1.50 to $43, Kingston Wharves ended trading with 24,298 shares trading lower by 5 cents to $5.55, National Commercial Bank closing with 15,665 shares changing hands to close lower by $1 at $21 and Scotia Group closed with 17,958 units trading to end 9 cents lower at $20.06.
Preference| Jamaica Money Market Brokers 8.75% preference share traded, ending with 170,002 shares changing hands at $3.03.

NCB at yearly high as 14 JSE stocks rose

NCB hits a new 52 weeks' high on Friday when it closed at $22.

NCB hits a new 52 weeks’ high on Friday when it closed at $22.

The Jamaica Stock Exchange closed the week with the prices of 14 stocks rising, 4 declining as 27 securities changed hands. Two stocks closed at new 52 weeks’ high, with National Commercial Bank ending at $22 after adding $1.50. Trading end with 1,883,471 units changing hands, valued at $28,049,091, in all market segments.
Main Market| The JSE Market Index gained 698.13 points to 78,931.04, the JSE All Jamaican Composite index rose 780.53 points to close at 86,966.86 and the JSE combined index climbed 769.94 points to 80,887.58.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 10 stocks with bids higher than their last selling prices and only 2 stocks with offers that were lower.
Gains| Stocks gaining, with their last traded prices at the end of trading in the main market are, Cable & Wireless, closing with 12,200 shares, changing hands while gaining 3 cents to 53 cents. Caribbean Cement closing with 3,175 shares, the price inched up 10 cents, to $2.50, Jamaica Money Market Brokers closed with 1,400 ordinary shares trading, while gaining 10 cents to $7.10. Jamaica Stock Exchange ended trading with 24,374 shares while gaining 5 cents, to end at a new 52 weeks high of $2.15, National Commercial Bank finished with 67,130 units trading, $1.50 higher, at a new 52 weeks’ high of $22. Pan Jamaican Investment trading 2,000 units and put on 50 cents to $53.50, Proven Investments closed with 2,500 shares while gaining 0.2 cents 19.2 US cents. Sagicor Group finished with 25,050 shares trading, rising 15 cents to $10.40 followed by Scotia Group that closed with 130,569 units and put on 5 cents to $20.10, Seprod closed with 450 shares to end with an increase of 6 cents to $11.96.
JSE sum 13-2-15 Firm| The stocks in the main market to close without a change in the last traded prices are, Berger Paints ending trading with 7,503 shares changing hands, to close at $1.56. Grace Kennedy closing with 200 shares trading at $60, Jamaica Broilers finishing with 231,182 units trading at $4 and Radio Jamaica finished with 29,690 units traded at $1.10.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Carreras ending with 463,976 units trading as the price slipped 50 cents to $44, Kingston Wharves closed with 11,700 shares changing hands, 40 cents down to $5.60 and Sagicor Real Estate Fund finished with 50,100 units trading to end 15 cents lower to $6.80.
Preference| Jamaica Money Market Brokers 8.75% preference share ended trading with 10,000 shares to close lower by 7 cents to $3.03 and Jamaica Money Market Brokers 7.50% preference share had 762,000 units changing hands at $2.

8 JSE stocks rise 4 down on Tuesday

Carreras closed at a new 52 weeks' high of $43 on Tuesday.

Carreras closed at a new 52 weeks’ high of $43 on Tuesday.

Tuesday’s activity on the Jamaica Stock Exchange picked up somewhat from Monday’s poor showing but it still remains at extreme low levels, and resulted in the prices of 8 stocks rising, 4 declining as 24 securities changed hands, ending in 2,488,709 units trading, valued at $9,886,268, in all market segments.
Main Market| The JSE Market Index lost 136.66 points to 77,813.64, the JSE All Jamaican Composite index fell 152.80 points to close at 85,717.56 and the JSE combined index declined by 61.43 points to close at 79,801.73.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 10 stocks with bids higher than their last selling prices and 3 stocks with offers that were lower.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Cable & Wireless closing with 456,902 shares trading, rising 5 cents to 50 cents, after the parent company indicated that revenues climbed 27 percent in the December quarter for the Jamaican subsidiary. Carreras closed with 61,408 units and put on $1 to close at a new 52 weeks’ high of $43, Grace Kennedy ending trading with 16,643 shares and increased 5 cents to $60, National Commercial Bank closing with 12,697 shares while gaining 5 cents to $20.45, Sagicor Real Estate Fund finished with 17,000 shares as the price jumped 5 cents to $6.70 and Scotia Investments in trading 7,733 shares, ended with an increase of 45 cents to $23.
JSe sum 10-2-15 Firm| The stocks in the main market to close without a change in the last traded prices are, Berger Paints trading as 3,000 shares changed hands at $1.56, Caribbean Cement finishing with 5,624 shares changing hands at $2.25, Kingston Wharves trading 239,137 shares and closed at $6. Palace Amusement finished with 3,000 units trading at $66, Pan Jamaican Investment closed with 9,450 units at $53 and Sagicor Group ending trading with 16,470 shares changing hands at $10.25.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Jamaica Broilers closing with 37,000 shares, 14 cents lower to $4.05. Proven Investments ending trading with just 1,548 shares, 1.02 cents down to 20 US cents, Salada Foods closing with just 100 units to fall 9 cents to $10.30 and Scotia Group finishing with 15,656 units with a 15 cents decline to $20.35.
Preference| Jamaica Money Market Brokers 7.50% preference share closed with 778,511 units trading at $2.

Moderate JSE trading Wednesday

Wednesday’s activity on the Jamaica Stock Exchange, resulted in the prices of 6 stocks rising 5 declining as just 19 securities changed hands, ending in only 836,056 units trading, valued at a mere $4,310,061, in all market segments.
Main Market| The JSE Market Index lost a mere 0.62 points to 77,527.63, the JSE All Jamaican Composite index fell 0.68 points to close at 85,397.80 and the JSE combined index gained 43.55 points to close at 79,471.25.
JSE sum 4-2-15 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 8 stocks with bids higher than their last selling prices and only 1 with the offer lower.
Gains| Only 2 stocks closed higher at the end of trading in the main market on Wednesday with Sagicor Real Estate Fund closing with 2,500 shares trading, 11 cents up to $6.85 and Kingston Wharves ending with 3,300 units trading 40 cents higher to $6.
Firm| The stocks in the main market to close without a change in the last traded prices are, Carreras closing with 29,715 shares at $41, after trading as high as $42. Ciboney had 245,980 units changing hands at 7 cents, Grace Kennedy ended with 2,483 shares changing hands at $61.90 and Proven Investments ended with 2,780 shares trading at 21 US cents.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Caribbean Cement closing trading with 23,893 shares, ending lower by 10 cents to $2.30, Desnoes & Geddes closing with 53,186 shares changing hands, 10 cents down to $4.80. National Commercial Bank concluding trading with only 5,632 shares changing hands to end 9 cents lower at $20.41, Sagicor Group finished with only 280 units changing hands, losing 25 cents to $10.25 and Scotia Group in trading 76,537 units closed at 23 cents lower to $20.02.
Preference| Proven Investments 8% preference share traded 95,651 units at $5.

NCB dominates as market rises again

NCB Financial dropped $8 on Friday.

Tuesday’s activity on the Jamaica Stock Exchange, resulted in the prices of 9 stocks rising 7 declining as 27 securities changed hands, ending in 11,536,610 units trading, valued at $173,915,246, in all market segments.

National Commercial Bank that dominated trading on Monday with 27,173,167 units, was again the lead trade on Tuesday, with 7,970,682 shares valued at $163,393,196. The majority of shares traded was done by way of a cross executed by Sagicor Investments.
Main Market| The JSE Market Index gained 326.79 points to 77,528.25, the JSE All Jamaican Composite index rose 365.36 points to close at a 85,398.48 and the JSE combined index gained 256.46 points to close at 79,427.70.
JSE sum 3-2-15 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 8 stocks with bids higher than their last selling prices and 3 stocks with offers that were lower.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Jamaica Money Market Brokers trading 22,500 ordinary shares and put on 23 cents to $7, National Commercial Bank traded 7,970,682 shares to end with an increase of 30 cents to a 52 weeks’ high of $20.50. Sagicor Investments bought and sold 7,927,299 units of the amount traded, in two lots. Sagicor Group traded 14,298 shares while gaining 50 cents to $10.50. The Sagicor Real Estate Fund closed with 20,775 shares changing hands as the price gained 4 cents to $6.74, Scotia Group traded 31,119 units and put on 20 cents to $20.25 and Supreme Ventures put in 94,445 shares to end with an increase of 10 cents to $2.10.
Firm| The stocks in the main market to close without a change in the last traded prices are, Berger Paints finishing with 3,039 units changing hands at $1.56, Carreras in trading 98,550 shares closed at $41, Desnoes & Geddes closed with 30,000 shares trading at $4.90. Gleaner had 31,693 units trading at 81 cents, Jamaica Broilers closed with 123,928 units at $4, Jamaica Producers ended with 955 shares changing hands at $17. Proven Investments finished with 9,646 units traded at 21 US cents, Radio Jamaica ended with 4,657 units trading at $1.10 and Seprod finished had 14,348 shares changing hands at $11.90.

Cable & Wireless dropped 20% to 40 cents on Tuesday

Cable & Wireless dropped 20% to 40 cents on Tuesday

Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Cable & Wireless ending with 2,013,234 units trading, losing 10 cents to 40 cents as investors reacted negatively to news that the company has to pay Digicel $1.5 billion for interconnection charges. Grace Kennedy had transactions in 9,900 shares to close lower by 10 cents at $61.90, Pan Jamaican Investment closed with 3,816 shares changing hands, 50 cents down at $52 and Scotia Investments in concluding trading in 854 shares lost 4 cents to $22.51.
Preference| Proven Investments 8% preference share closed with 247,500 units trading at $5.

NCB trades at new high of $21

ncb-logo National Commercial Bank (NCB) closed with the price unchanged on Tuesday, but the stock traded at a new high of $21 during trading, as investors react positively to the group’s December results and hike in dividend payment. NCB has only 159,257 units posted on offer in the market at the close, between $22 and $33. Demand ranges from $19.80 down to $16. There are bids amounting to 217,950 units posted to buy at $19 or higher.
Activity on the Jamaica Stock Exchange, resulted in the prices of only 3 stocks rising, 6 declining as just 18 securities changed hands, ending in 2,915,904 units trading, valued at $27,617,128, in all market segments.
Main Market| The JSE Market Index lost 2.49 points to 77,059.90, the JSE All Jamaican Composite index fell 2.79 points to close at 84,874.85 and the JSE combined index declined 5.67 by points to close at 78,932.63
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 11 stocks with bids higher than their last selling prices and 4 stocks with offers that were lower.
Gains| The sole stock gaining at the last traded price is Carreras with 76,616 shares trading, to gain 38 cents at $38 at the close.
Firm| The stocks in the main market to close without a change in their last traded prices are, Berger Paints in concluding trading in 15,500 shares with the price holding at $1.55. Kingston Wharves with 330 shares changing hands, closed at $5.60, NCB closed with 1,042,580 shares trading at $20, but after it traded at a new 52 weeks high of $21, Sagicor Group had 87,652 units exchanged at $10.20 and Supreme Ventures closed with 188,628 units trading, to close at $2.15.
JSE sum 27-1-15 Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Cable & Wireless closing with 1,147,040 units trading, the price slipped 1 cent to 50 cents. Gleaner contributed 38,200 shares trading lower by 1 cent to 81 cents, Grace Kennedy closed with 235 shares changing hands to end up 43 cent lower at $62.57, Hardware & Lumber ended trading with 4,500 units, as the price slipped 14 cents to $7.51. Jamaica Broilers finished with 51,000 units trading as the price declined 1 cent to $4 and Proven Investments ended with 41,445 units trading as the price slipped 0.02 cent to 21 US cents.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 103,000 units at $3, Proven Investments 8% preference share traded 40,300 units to close at $5.

Falling stocks have upper hand again

Thursday’s activity on the Jamaica Stock Exchange, resulted in the prices of only 5 stocks rising and 9 declining as 25 securities changed hands, ending in 2,661,715 units trading, valued at $5,515,538, in all market segments.
JSE 22-1-15Main Market| The JSE Market Index lost 502.11 points to 76,652.60, the JSE All Jamaican Composite index fell 561.39 points to close at 84,419.47 and the JSE combined index declined by 532.87 points to close at 78,583.98.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 9 stocks with bids higher than their last selling prices and just 2 stocks with offers that were lower.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Carreras finishing with 5,452 shares, while gaining 6 cents to reach $37.21. National Commercial Bank traded 17,679 shares with the price gaining 48 cents to end at $19.50 and Grace Kennedy ended with only 1,000 units, the price rise to 95 cents to $63.
Firm| The stocks in the main market to close without a change in the last traded prices are, Berger Paints ending with 35,207 shares trading to close at $1.55. Cable & Wireless finished with 929,431 shares changing hands to close at 50 cents, Desnoes & Geddes finished with 200 units trading at $4.80, Gleaner ended with 7,017 shares changing hands at 85 cents and Sagicor Real Estate Fund traded 10,100 shares at $6.95.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Caribbean Cement closing with 10,749 units trading, the price slipped 2 cents to $2.30. Jamaica Broilers finished traded 135,621 shares lower by 3 cents, to $4, Kingston Wharves closed with 523 shares changing hands to close lower by 4 cents at $5.60, Pan Jamaican Investment ended trading with 3,330 units, the price fell 90 cents, to $52.10. Sagicor Group finished with 18,730 units trading as the price declined by 10 cents to $10.20 and Scotia Group closed with 21,116 units trading 45 cents lower at $20.50.
Preference| Jamaica Money Market Brokers 7.50% preference share had 1,373,086 units changing hands to close at $2 and the junior listing, Eppley 9.5% preference share closed with 3,988 units trading at $6.

First in 2014 declining stocks on top at JSE

Scotia Group gained  75 cents to $20.95

Scotia Group gained 75 cents to $20.95

In Wednesday’s activity on the Jamaica Stock Exchange, the advance decline ratio turned negative for the first time since the start of this year, resulting in the prices of 6 stocks rising and 10 declining as 24 securities changed hands, ending in 1,372,251 units trading valued at $11,197,571, in all market segments.
strong> Main Market| The JSE Market Index gained 640.21 points to 77,154.71, the JSE All Jamaican Composite index rose 715.79 points to close at 84,980.86 and the JSE combined index gained 663.14 points to close at 79,116.85.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 8 stocks with bids higher than their last selling prices and 2 stocks with offers that were lower.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Hardware & Lumber ending with 3,000 units with the price rising 14 cents to $7.65. Jamaica Money Market Brokers closed with 13,396 shares changing hands 5 cents higher at $6.55, National Commercial Bank ended with 24,312 shares trading with a gain of 2 cents to $19.02, Sagicor Group swapped 2,900 shares with the price increasing by 10 cents to $10.30 and Scotia Group closed with 83,608 units changing hands 75 cents higher to $20.95.
JSE sum 21-1-15 Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless in exchanging 271,167 units ended at 50 cents. Kingston Wharves finished with 29,708 units trading to end at $6, Mayberry Investments closed at $2 with 15,772 units traded, Pan Jamaican Investment traded 1,040 units at $53 and Sagicor Real Estate Fund closed with 1,370 units trading at $6.95.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Caribbean Cement closing with 31,686 units trading as the price slipped 18 cents to $2.32. Desnoes & Geddes contributed 26,049 shares in trading lower by 5 cents to $4.80, Gleaner closed with 103 shares changing hands lower by 5 cents to 85 cents, Grace Kennedy concluded trading with 1,010 units, the price slipped 95 cents to $62.05, Jamaica Broilers finished with 14,950 units trading as the price declined by 8 cents to $4.02. Proven Investments ended with 235,450 shares trading lower by 0.39 cents to 20.61 US cents, Salada Foods in concluding transaction in 200,000 units closed with the price falling 11 cents to $10.39, Scotia Investments traded 3,674 units with the price declining 49 cents to $22.51 and Seprod closed with 1,711 shares trading lower by 50 cents to $12.50.
Preference| Jamaica Money Market Brokers 8.75% preference share had 17,216 units changing hands at $3 and Jamaica Money Market Brokers 7.50% preference share traded 15,000 units at $2.

Declining stocks still can’t get upper hand

Bull2_150X150With more than 2 trading weeks gone in January, the number of declining stocks have still not exceeded those advancing on any date so far on the Jamaica Stock Exchange. Monday’s trading activity, resulted in the prices of 7 stocks rising and 7 declining as 24 securities changed hands, ending in only 1,372,251 units traded, valued at a mere $9,697,061, in all market segments.
Main Market| The JSE Market Index gained 126.58 points to 76,700.43, the JSE All Jamaican Composite index rose 141.51 points to close at 84,472.94 and the JSE combined index advanced by 152.16 points to close at 78,634.65.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 10 stocks with bids higher than their last selling prices and 3 stocks with offers that were lower.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Cable & Wireless ending with 202,960 units changing hands to close with a gain of 2 cents at 50 cents. Pan Jamaican Investment ended with 3,607 units changing hands to close at 98 cents up to $53, Sagicor Group ending with 390 units with the price rising 20 cents $10.20 and Scotia Group ended trading with 28,908 shares changing hands to close 50 cents higher to $20.50.
Firm| The stocks in the main market to close without a change in the last traded price are, Grace Kennedy closing with 42,250 units at $63. Jamaica Stock Exchange finishing with 8,000 stock units trading at $2, Kingston Wharves ending with 1,582 shares at $6, Radio Jamaica trading 1,386 units at $1.30 and Supreme Ventures with 10,956 shares changing hands to close at $2.
JSE sum 19-1-15 Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Desnoes & Geddes finishing with 500 shares trading lower by 5 cents to $4.80, Jamaica Money Market Brokers closed with 255,465 ordinary shares changing hands to end lower by 15 cents at $6.50, Jamaica Producers ended trading with 445 units, the stock price slipped $1.30 to $15.70, Mayberry Investments finished with 1,020 units trading, the price declined by 2 cents to $1.98, National Commercial Bank closed with 30,713 units trading as the price fell 50 cents to $19 and Scotia Investments ended with 1,000 shares trading lower by 1 cent at $23.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 17,000 units at $3.

JPS share jumps $119

JPSIn Monday’s activity on the Jamaica Stock Exchange, the price of Jamaica Public Services 9.5% Preference shares jumped by $118.90 to end at $1,125 for a new all-time high as investors traded the stock for $236,250,000. Activity in the overall market resulted in the prices of 10 stocks rising and 3 declining as 26 securities changed hands, ending in 2,749,084 units trading, valued at $241,908,563, in all market segments.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator shows 10 stocks with bids higher than their last selling prices and 4 stocks with offers that were lower.
Main Market| The JSE Market Index fell 205.19 points to 76,128.35, the JSE All Jamaican Composite index lost 229.40 points to close at 83,833.34 and the JSE combined index declined by 181.96 points to close at 78,141.73.
Gains| Stocks gaining at their last traded prices, at the end of trading in the main market are, Carreras ending with 500 units, the price rose 2 cents to $37.03. Jamaica Broilers ended with 70,537 units changing hands to close with a gain of 3 cents at $4.02, Jamaica Money Market Brokers finishing with 68,763 shares changing hands, to close with a gain of 5 cents, to $6.55. Jamaica Stock Exchange finished with 30,000 shares changing hands, 10 cents higher at $2, National Commercial Bank ended with 8,405 shares trading to gain 20 cents at $19. Sagicor Group finished trading with 27,006 units changing hands to close with a gain of 4 cents at $9.95 and Supreme Ventures finished trading with 4,000 shares with the price rising 3 cents to $1.80
JSE sum 12-1-15 Firm| The stocks in the main market to close without a change in the last traded price are, Cable & Wireless closing with 202,323 units trading at 48 cents. Caribbean Cement ended with 45,596 units trading at $2.50, Kingston Wharves closed with 4,747 shares at $6, Radio Jamaica closed with 4,400 units at $1.30, Scotia Group finished with 33,854 units trading at $20.10 and Scotia Investments ended with 9,002 shares trading at $23.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Grace Kennedy closing with 3,896 units trading as the price slipped $1 to $62, Mayberry Investments finished with 400,500 shares trading lower by 5 cents to $1.95 and Sagicor Real Estate Fund ended with 2,000 shares changing hands to close lower 15 cents lower at $7.05.
Preference| Jamaica Money Market Brokers 7.50% preference share had 309,000 shares changing hands at $2 and Jamaica Public Service Co 9.5% preference share ended with 210,000 units changing hands to close with a gain of $118.90 at $1,125, the move has reduced the yield to 8.44 percent fr0m 9.5 percent, the coupon rate.