Pan Jam jumps $3.30 to year’s high on JSE

pan_jamaican_logo280x150 Pan Jamaican Investments Trust jumped $3.30 to a new 52 weeks’ high, on Tuesday, trading in the stock accounted for $34.2 million of the day’s activity. Activity on the Jamaica Stock Exchange, resulted in the prices of 4 stocks rising and 7 declining as 18 securities changed hands, ending in 2,127,873 units trading, valued at $41,812,058, 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 had 7 stocks with bids higher than their last selling prices and 7 stocks with offers that were lower.
Main Market| The JSE Market Index lost 93.54 points to 74,458.58, the JSE All Jamaican Composite index fell 104.59 points to close at 81,966.34 and the JSE combined index declined by 138.77 points to close at 76,362.07.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Desnoes & Geddes completed trading with 1,000,000 shares changing hands, with a gain of 3 cents to $4.60. Jamaica Money Market Brokers saw trading in 2,300 ordinary shares and gained 5 cents to $7.10, Pan Jamaican Investment finished trading with 618,400 shares, the price rose $3.30 cent to $55 and Proven Investments concluded trading with 7,308 units and put on 1.20 cents to 18.5 US cents.
Firm| The stocks in the main market to close without a change in the last traded prices are, Carreras ending trading with 920 shares changing hands to close at $36.89, Jamaica Broilers exchanged 4,660 shares trading at $4. Jamaica Stock Exchange ended trading with 6,942 shares changing hands, at $1.50, Mayberry Investments contributed 8,159 shares at $1.50 and Radio Jamaica traded 8,882 shares at $1.18.
JSE 2-12-14 Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Cable & Wireless ended with 48,985 units as the price slipped 2 cents to 43 cents, Jamaica Producers finished with 5,000 shares with a loss of 5 cents to $15.95, National Commercial Bank ended with 19,418 shares changing hands to close 11 cents down to $18, Sagicor Group ended trading with 36,298 shares for 10 cents less at $9.90 and Scotia Group ended with 53,411 shares changing hands to close lower by 50 cents at $19.50.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 282,190 shares changing hands to close at $3 Jamaica Money Market Brokers 7.50% preference share exchanged 3,000 units at $2.

JSE Market starts December up

Monday’s activity on the Jamaica Stock Exchange, resulted in the prices of 7 stocks rising and 6 declining as 22 securities changed hands, ending in 1,979,654 units trading, valued at $9,662,737, in all market segments.
JSE sum 1-12-14 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had 5 stocks with bids higher than their last selling prices and 7 stocks with offers that were lower.
Main Market| The JSE Market Index gained 213.63 points to 74,552.12, the JSE All Jamaican Composite index rose 238.86 points to close at 82,070.93 and the JSE combined index gained 180.89 points to close at 76,500.84.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Cable & Wireless completing trading with 229,162 shares while gaining 1 cent to 45 cents, Mayberry Investments concluded trading with 100,000 units and put on 2 cents to $1.50, National Commercial Bank closed with 6,500 shares as the price climbed 11 cents to $18.11 and Sagicor Group finished trading with 157,895 shares changing hands to close 1 cent higher at $10.
Firm| The stocks in the main market to close without a change in the last traded prices are, Grace Kennedy having 2,768 shares trading at $61, Pan Jamaican Investment ended trading with 4,386 shares changing hands, at $51.70. Radio Jamaica contributed 17,354 shares in trading to end at $1.18, Scotia Group ended with 106,500 shares at $20, Scotia Investments finished trading with 7,756 shares changing hands at $22.50 and Seprod had 12,185 shares changing hands to close at $12.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Carreras ending with 650 units as the price slipped 11 cents to $36.89, Jamaica Broilers finished with 84,583 shares with a loss of 5 cents to $4. Jamaica Stock Exchange finished with 35,000 units and fell 5 cents lower at a new 52 weeks’ low of $1.50 and Proven Investments ended trading with 165,136 shares for 0.69 cent less at 17 US cents.
Preference| Jamaica Money Market Brokers 8.75% preference share traded with 32,350 shares changing hands to close at $3.

JSE market indices up 4% in November

jse  Dailytrading280x150Friday’s activity on the Jamaica Stock Exchange, resulted in the prices of 7 stocks rising and 6 declining as 24 securities changed hands, ending in 12,560,380 units trading, valued at $56,058,056, in all market segments, the market ended the months with gains in the major indices.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had 5 stocks with bids higher than their last selling prices and 7 stocks with offers that were lower.
Main Market| The JSE Market Index climbed 313.18 points to 74,338.49, the JSE All Jamaican Composite index rose 350.19 points, to close at 81,832.07 and the JSE combined index gained 308.54 points, to 76,319.95. The three main market indices ended up well ahead of the October close, by more than 2,600 points each, gaining 4 percent in the process.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Grace Kennedy ending with 110,550 shares while gaining 60 cents to $61, followed by Jamaica Broilers that concluded trading with 10,950 units, to close with a gain of 5 cents at $4.05. Pan Jamaican Investment trading 1,200 shares, to end with an increase of $1.20 to $51.70, Sagicor Group ended trading with 710 shares, the price climbed 9 cents to $9.99 and Scotia Group closed with 3,385 shares changing hands to close at 50 cents to $20.
JSE 28-11-14
Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless ending with 235,500 shares, changing hands, to close at 44 cents, Caribbean Cement ended with 67,932 shares trading at $2.40, Carreras had 6,880 shares changing hands to close at $37. Ciboney concluded trading with 10,000 shares trading at 7 cents. Jamaica Money Market Brokers with 31,680 ordinary shares changing hands, closed at $7.05, Kingston Wharves ended trading with 1,416 shares trading at $6, Proven Investments had 600 shares changing hands 17.99 US cents and Radio Jamaica ended with 50,000 units trading to close $1.18.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Desnoes & Geddes closed with 9,330,980 shares trading 19 cents to $4.57, National Commercial Bank finished trading with 8,165 units and fell 1 cent lower at $18 and Scotia Investments ended trading with 40,650 shares, 5 cents lower to $22.50.
Preference| Jamaica Money Market Brokers 8.75% preference share tradedended trading with 168,000 units at $3, Jamaica Money Market Brokers preference share traded 7.50% contributed 2,500 units at $2 and Proven Investments 8% preference share traded 67,300 units to close 20 cents down at $5.50.

12 stocks rise 4 declines on JSE

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In Thursday’s activity on the Jamaica Stock Exchange, Sagicor Investments bought and sold 5,130,557 National Commercial Bank shares at $92.8 million, accounting for the bulk of trading on the exchange. At the close the prices of 12 stocks rose and 4 declined as 27 securities changed hands, ending in 8,932,509 units trading, valued at $99,815,205, in all market segments.
JSE sum 27-11-14f IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had only 2 stocks with bids higher than their last selling prices and 8 stocks with offers that were lower, reflecting short term negative sentiments.
Main Market| The JSE Market Index lost 137.73 points to 74,025.31, the JSE All Jamaican Composite index fell 154.01 points to close at 81,481.88 and the JSE combined index gained declined by 68.49 points to close at 76,011.41.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Cable & Wireless with 7,500 units to close with a gain of 1 cent at 44 cents, Jamaica Money Market Brokers concluded trading with 4,500 units to close with a gain of 5 cents at $7.05, Jamaica Producers concluded trading with 2,123 units and put on 50 cent down at $16, Sagicor Group closed with 209,069 shares as the price climbed 2 cents to $9.90 and Scotia Investments closed with 1,500 shares changing hands to close with a gain of 4 cents at $22.55.
Firm| The stocks in the main market to close without a change in the last traded prices are, Caribbean Cement ended trading with 713 shares at $2.40, Carreras exchanged a mere 100 shares at $37, Gleaner in trading with 100,000 shares, to close at $1. Grace Kennedy exchanged 4,380 shares at $60.40, Kingston Wharves ended trading with 12,000 shares changing hands at $6, Proven Investments contributed 3,300 units at 17.99 US cents, Radio Jamaica ended trading with 1,635 shares at $1.18, Sagicor Real Estate Fund finished trading with 22,000 units changing hands at $6.85 and Seprod closed with 18,593 units at $12.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Desnoes & Geddes ended with 2,020 units as the price slipped 6 cents to $4.76, Jamaica Broilers closed with 9,318 shares trading 1 cent lower at $4, National Commercial Bank finished with 5,149,153 shares with a loss of 8 cents to $18.01, Scotia Group finished trading with 2,300 units and fell 5 cents to $19.50
Preference| Jamaica Money Market Brokers 8.50% preference share traded 12,000 units and gained 7 cents to $3.50 and Proven Investments 8% preference share ended with 3,846 shares changing hands to close with an increase of 70 cents to stocks closed at all-time highs $5.70.

Grace trades 9.3m shares for $561M

Grace stock traded 9.3m shares for $579M

Grace stock traded 9.3m shares for $579M

Monday’s activity on the Jamaica Stock Exchange, resulted in the prices of 7 stocks rising and 4 declining, as 21 securities changed hands, ending in 10,641,210 units trading, valued at $578,991,647. Grace Kennedy accounted for $561,073,565 of the value traded, 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 had 6 stocks with bids higher than their last selling prices and 6 stocks with offers that were lower.
Main Market| The JSE Market Index lost 59.11 points to 74,562.05, the JSE All Jamaican Composite index fell 66.09 points to close at 82,082.04 and the JSE combined index declined by 30.14 points to close at 76,473.77.
Gains| Stocks gaining at their last traded prices, at the end of trading in the main market are, Caribbean Cement concluded trading with 4,375 shares, 14 cents higher, to $2.40, Carreras finished trading with 2,073 shares changing hands, with a $1 gain at $37. National Commercial Bank closed with 748,862 shares while gaining 25 cents to $19.25, Sagicor Group finished with 48,850 units to close with a gain of 8 cents at $9.99 and Sagicor Real Estate Fund saw trading in 117,463 units to close with a gain of 15 cents to $6.85.
Firm| The stocks in the main market to close without a change in the last traded prices are, Desnoes & Geddes with 4,611 shares changing hands, to close at $4.85, Jamaica Money Market Brokers ended trading with 6,000 ordinary shares at $7. Kingston Wharves closing trading with 21,297 shares at $6, Proven Investments had 57,114 shares changing hands, at 17.30 US cents and Radio Jamaica concluded trading with 9,000 shares changing hands to close at $1.18.
JSE sum 24-11-14
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Cable & Wireless ended with 39,733 units, the price slipped 2 cents to 43 cents, Grace Kennedy closed with 9,349,668 shares trading 59 cents lower at $60.01, Palace Amusement finished with only 100 shares with a loss of $11 to $66 and Scotia Group finished trading with 34,750 units to fall 50 cents to $19.50.
Preference| Jamaica Money Market Brokers 7.50% preference share traded 4,000 units at $2.

JSE up 3,100 points for November so far

JSE_Buidling2_600c250px Trading on the Jamaica Stock Exchange closed the week with the main index up 1,116.30 points, the all Jamaica Index gained 1,248.18 points and the combined index 1,251.75 points, as the market recorded gains in all but one day for the week. For November, to date, the main market index is up 2,816 points, the all Jamaica Index 3,149 and the combined index 2,848 points.
Friday’s activity resulted in the prices of only 4 stocks rising, 8 declining as 21 securities changed hands, ending in 9,320,763 units trading, valued at $91,472,038, 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 had 7 stocks with bids higher than their last selling prices and 8 stocks with offers that were lower.
Main Market| The JSE Market Index gained 52.12 points to 74,621.16, the JSE All Jamaican Composite index rose 58.27 points to close at 82,148.13 and the JSE combined index gained 22.81 points to close at 76,503.91.
Gains| Stocks gaining with the last traded prices, at the end of trading, in the main market are, Cable & Wireless finishing trading, with 380,042 shares, 2 cents higher to 45 cents. Grace Kennedy concluded trading with 1,778 shares changing hands, 10 cents higher at $60.60 and Scotia Group closed with 2,324,106 shares trading, with a gain of 30 cents to $20. Barita Investments was the broker selling the most Scotia shares, and NCB Capital Market, the broker purchasing the bulk of the stock to trade, with most traded at $20.
Firm| The stocks in the main market to close without a change in their last traded price are, Caribbean Cement with 3,375 shares, changing hands, to close at $2.26, Jamaica Money Market Brokers with 7,900 ordinary shares changing hands at $7, Jamaica Stock Exchange finished trading with 6,000 shares at $1.55. National Commercial Bank had 987,977 shares changing hands at $19 and Radio Jamaica concluded trading with 378 shares changing hands, to close at $1.18. Sagicor Investments was the broker to trade the largest portion of the NCB trade with a cross of 967,497 units. At the close of trading there were only 12 offers posted between $19.15 and $35 for just under 200,000 shares, while there are a number of bids at $18 to $18.30 for more than 370,000 shares.
JSE 21-11-14 Declines| The last traded price of stocks with losses, at the close of the main market are, Desnoes & Geddes ended with 4,021,000 units trading, as the price slipped 5 cents to $4.85, Gleaner closed with 600 shares trading 1 cent lower at $1. Jamaica Broilers finished with 2,000 shares trading at a loss of 8 cents to $4.02, Mayberry Investments closed with 178,267 shares trading 2 cents to $1.50, Proven Investments had 269,400 shares changing hands to close 0.20 cents at 17.30 US cents and Sagicor Group ended trading with 3,500 shares changing hands to close 9 cents to $9.91.
Preference| Jamaica Money Market Brokers 7.50% preference share ended trading with 194,400 shares at $2.

NCB & Carreras dominant on JSE

NCB Nkgn -2014Trading on the Jamaica Stock Exchange, on Wednesday was extend by an hour, to close at 2 PM, instead of the usual 1 PM close, problem with the stock exchange computer system, prevented some brokers from logging on to the system during the regular hours, hence the extension.
At the conclusion of trading the prices of 8 stocks rising and 6 declining as 25 securities changed hands, ending in 6,166,523 units trading, valued at $52,443,460, in all market segments. Of the total amount traded Carreras and National Commercial Bank that reported improved results for the period to September this over 2013 had $26,045,350 and $18,446,572 being invested in their stocks respectively.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had 3 stocks with bids higher than their last selling prices and 5 stocks with offers that were lower.
Main Market| The JSE Market Index gained 475.78 points to 74,488.38, the JSE All Jamaican Composite index rose 531.99 points to close at 81,999.67 and the JSE combined index gained 506.05 by points to close at 76,389.41.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Cable & Wireless finished trading with 2,623,534 shares to close with an 8 cents gain to 50 Cents, Carreras concluded trading with 723,500 shares, and climbed $1 to $36, Desnoes & Geddes exchanged 29,700 shares to gain 5 cents at $4.90, Jamaica Broilers dealt in 34,809 shares as the price ended at 1 cents up to $4.01. Jamaica Money Market Brokers contributed 4,534 ordinary shares with the price moving 3 cents higher at $6.60 and National Commercial Bank finished trading with 969,173 shares, to end with an increase of 54 cents at $19.05.
Firm| The stocks in the main market to close without a change in the last traded prices are, Ciboney with 1,600 shares changing hands, closed at 7 cents, Hardware & Lumber concluded trading with 9,100 shares, at $6.50. Mayberry Investments finished trading with 258,123 shares changing hands at $1.50, Radio Jamaica with 6,005 shares changing hands, ended at $1.18 and Supreme Ventures ended trading, with only 1,900 shares, at $1.76.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Gleaner closing with 10,000 units, the price slipped 5 cents to a new l52 weeks’ low $1. Jamaica Stock Exchange finished with 10,000 shares trading, 29 cents lower to an all-time low of $1.55, Pan Jamaican Investment with 2,155 shares trading, lost 1 cent to end at $50.26, Scotia Group finished trading with 60,649 shares changing hands, 22 cents down, at $19.40 and Seprod shed 38 cents in trading 273,005 units, to close at $11.50.
Preference| Jamaica Money Market Brokers 8.75% preference share traded 34,600 units at $3.

C&W & declining stocks dominate

CWJ off full vwThursday’s activity on the Jamaica Stock Exchange, resulted in the prices of 5 stocks rising and 7 declining, as 19 securities changed hands, ending in 10,308,932 units trading, valued at $11,431,758, in all market segments. Cable & Wireless, continuing to trade in higher than normal volumes this year, accounted for 9.77 million of the volume.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator showed 5 stocks with bids higher than their last selling prices and 6 stocks with offers that were lower, a neutral situation.
Main Market indices| The JSE Market Index gained 153.62 points to 73,236.56, the JSE All Jamaican Composite index rose 171.76 points to close at 80,599.95 and the JSE combined index gained 115.71 points to close at 75,056.62.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Carreras finishing trading with 66,822 shares changing hands, to gain 55 cents at $35.55, Desnoes & Geddes concluded trading with 60,000 shares, 3 cents higher to $4.95, National Commercial Bank ended with 30,960 shares while gaining 10 cents to $17.11, Sagicor Group closed with 10,233 units with a gain of 20 cents to $9.80 and Seprod finished trading with 16,528 units, the price rose 63 cents to $11.88.
JSE sum 13-11-14 Firm| The stocks in the main market to close without a change in the last traded prices are, Berger Paints having 6,363 shares changing hands, to close at $1.60, Grace Kennedy concluded trading with 5,000 shares at $62, Jamaica Broilers exchanged 27,954 shares at $4, Radio Jamaica contributed 5,478 shares, in trading at $1.18 and Supreme Ventures ended trading with 3,000 shares at $1.75.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Cable & Wireless ending with 9,771,352 units, trading between 60 cents and 50 cents, at the close the price slipped 1 cent to 50 cents, as selling increased from Wednesday. The stock traded mostly above 56 cents, but traded 476,700 units at 51 cents and 445,000 units at 50 cents less than 2 minutes from the close, to pull the price down and the end.
Jamaica Money Market Brokers ordinary share, closed with 101,200 units trading to fall 20 cents to $6.80, Jamaica Producers finished with 2,000 shares, loss 1 cent to $15.50 and Scotia Group ended trading with 36,844 units to fall 57 cents to $19.40.
Preference| Jamaica Money Market Brokers 8.75% preference share had 66,000 units changing hands at $3.

A D&G and Cable & Wireless market

D&GRedStrip_Banner600x250Desnoes & Geddes (D&G) with more than 27.3 million shares and Cable & Wireless (C&W) with 7.5 million units trading, dominated Thursday’s activity, on the Jamaica Stock Exchange. Except for less than a few thousand unit virtually all of D&G shares traded, were crosses done by NCB Capital Market. The C&W trade, flowed from increased buying, following the announcement of the takeover of Flow by CWC Communications plc.
At the close of trading, the prices of 4 stocks gained and 4 declined as only 14 securities changed hands, ending in 35,240,771 units trading, valued at $129,810,630, 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 had 9 stocks with bids higher than their last selling prices and 6 stocks with offers that were lower.
Main Market| The JSE Market Index fell 350.96 points to 72,902.39, the JSE All Jamaican Composite index declined 392.43 points to close at 80,226.30 and the JSE combined index lost 210.18 points to close at 74,729.14.
Gains| IC Insider BUY RATED Cable & Wireless, finished trading with 7,481,913 units and put on 4 cents to end at 32 cents, to be the sole stock to gain at the end of trading, in the main market. The stock which was responding to news of a takeover of Columbus International, operators of Flow, enjoyed very strong bids at the close with 1,389,745 units to buy at 32 cents at the top of the bids, 2,954,100 units on the bid at 30 cents and 3,658,619 units at 28 cents. There are 2,288,839 on offer between 35 to 50 cents, an almost certain recipe for further gains to come.

Cable & Wireless HQ Kingston

Cable & Wireless HQ Kingston

With 125,000 new cell customers added between April and September, the quarterly results to September, should showed increased income and reduced losses for the quarter than was obtained in 2013, this could well add more fuel to the buying when they are released, in a few days’ time. The potential problem for buyers, is the low volume being activity sold in the entire market currently. For in addition to the volume, up to 50 cents being sold, the only others on offer are, 1,000,000 at 55 cents, 500,000 at 60 cents, 200,000 at 69 cents, 1,614,000 at 80 cents and 941,623 units at $1.
Firm| The stocks in the main market to close without a change in the last traded prices are, Jamaica Broilers closing with 24,819 shares at $4, Jamaica Money Market Brokers finished trading with 487 shares at $7, Proven Investments with 5,425 shares at 18 US cents, Radio Jamaica ended with 3,615 units to close at $1.18 and Sagicor Group closed with 50,000 shares at $9.65.
JSE sum 6-11-14 Declines| The last traded prices of stocks with losses at the end of trading, in the main market are, Caribbean Cement, ended with 105,000 units, to close 5 cents lower at $2.60, Desnoes & Geddes closed with 27,346,412 shares, valued at $125.8 million to end 35 cents down, at $4.60, Sagicor Real Estate Fund finished trading with 82,100 shares changing hands, lost 15 cents at $6.60 and Scotia Investments with 500 shares fell 9 cents, to $21.51.

4 stocks up 5 down on JSE

Tuesday’s activity on the Jamaica Stock Exchange, resulted in the prices of 4 stocks rising and 5 declining as 21 securities changed hands, ending in 6,081,391 units trading, valued at $20,841,759, in all market segments.
JSe 4-11-14 IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator had 10 stocks with bids higher than their last selling prices and 5 stocks with lower offers.
Main Market| The JSE Market Index gained 534.49 points to 72,446.11, the JSE All Jamaican Composite index rose 597.64 points to 79,716.11 and the JSE combined index gained 462.27 points to close at 74,179.00.
Gains| Stocks gaining with last traded prices, at the end of trading in the main market are, Carreras had 2,492 shares changing hands and gained 10 cents to $34.60, Jamaica Broilers with 9,318 units closed 5 cents higher at $4.20, Kingston Properties climbed 15 cents to $4 with 10,000 shares trading and Sagicor Real Estate Fund close trading with 30,000 units while gaining 10 cents to end at $6.75.
Firm| The stocks in the main market to close without a change in the last traded prices are, Cable & Wireless in trading 4,005,306 units to close at 28 cents, Desnoes & Geddes with 42,400 shares to end at $4.95, Jamaica Money Market Brokers with 2,865 ordinary shares trading to close at $7, Margaritaville with 44,200 shares traded to end at 11 us cents, National Commercial Bank had 5,893 units changing hands to close at $17, Pan Jamaican Investment with just 200 shares trading ended at $49.05, Proven Investments with 27,540 units closed at 18 US cents and Sagicor Group exchanged 20,100 shares to close at $9.65.
Declines| The last traded prices of stocks with losses at the end of trading in the main market are, Grace Kennedy with 7,000 shares to close $1 down at$ 58, Radio Jamaica had 10,516 units changing hands to close with a loss of 2 cents at $1.18, Scotia Group traded with 725,272 shares to end 35 cents lower to end at $19.25 after trading as high as $20.49 and Scotia Investments closed with 1,700 units trading to close with a loss of 60 cents at $21.40.
Preference| Trading picked up in the preference share segment with Jamaica Money Market Brokers 8.75% preference share trading 300,000 units at $3, the Jamaica Money Market Brokers 7.50% preference share trading 576,700 units to close at $2 and Proven Investments 8% preference share trading 172,594 units to end at $5.