Trading in 2 stocks halted

Trading was halted in Hardware and Lumber (H&L) in attempting to trade at $10 which is 29.7 percent above Monday’s close and Radio Jamaica (RJR) at $3 or 43.54 percent above the closing bid on Monday which was higher than the last price.
The stocks were halted as the price exceeded 15 percent permitted initially for a legimate trade to be effected at the time the price is struck. When the stocks reopened H&L trade went through but that RJR trade was cancelled a spokesperson on the Jamaica Stock Exchange (JSE) informed IC Insider that the latter is more than 30 percent that would be permitted and would be cancelled. Ciboney Group traded at 9 cents or 28.57 percent from the last price but the stock closed with the bid at 8 cents yesterday which allowed the stock to trade unimpeded.
Noted trades took place in Carib Cement traded at $5 with 50,000 shares, Carreras with just 1,000 but it traded at $49 for a new 52 week’s high, JMMB Group at $10, a new 52 weeks’ high, National Commercial Bank with 236,291 shares at $30, Sagicor Group 160,257 ended at $11.50, Supreme Ventures traded 750,000 at $3.12, Scotia Group fell by $1 to 424, Proven Investments traded 24,800 at 20.99 US cents, Cargo Handlers traded 20,000 units $21.50, for new Caribbean Producers traded 572,500 shares at #3.05 and Lasco Manufacturing traded 65,600 at $1.35.