TTSE: Jamaican stocks dominate

Wednesday, 12th June 2013 | Three of the Jamaican companies that are listed on the Trinidad & Tobago Stock Exchange were the dominant ones that traded today with all three being the market leaders in terms of the volume traded. In the main market where 243,011 shares traded, the three Jamaican companies accounted for more than 134,000 of them. Grace Kennedy also chipped in with 12,105 units.

Trading in the main market amounted to $2,609,669. Jamaica Money Market Brokers traded 50,000 shares for a value of $25,050 and lost 5 cents but there was a bid to buy 265,000 at a bid of 50 cents each, followed by National Commercial Bank Jamaica with a volume of 48,500 shares valued at $58,200. Scotia Investments Jamaica contributed 36,174 shares with a value of $64,390, there was a bid of 52,000 units at $1.78 while Guardian Holdings added 25,907 shares valued at $426,170 but the stock price fell $0.50 to close at $16.45 and the bid was at $16 for 4,765 shares while 22,229 was on offer at $16.85.

Clico Investment Fund traded 84,035 shares valued at $1,799,063 while gaining $0.16 to close at $21.41.

Overall 14 securities traded of which 4 advanced, 2 declined and 8 traded firm as three indices fell marginally.

At the end of the day, bids for 2 stocks were higher and 3 stocks had offers that were lower than their last selling price.

TTSEJun12

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