ALL THREE Jamaica stock market indices declined last week, the main catalysts being BNS, Caribbean Cement, NCB and Cable and Wireless, whose prices have significant weighting on the index. The JSE index declined by 61.20 (0.18%) to 33,122.93 points, the All Jamaica Composite by 114.87 (0.37%) to 31,171.49 points and the JSE Select Index declined by 7.79 points (2.85%) to 967.10.
Twenty-four stocks traded with an advance: decline: firm ratio of 10:9:5. This resulted in a decline in market capitalisation by approximately $611.26 billion to over $217.79 billion. A total of 6,368,711 units crossed the floor, valued at $32,406,415.50. LoJ dominated the volume category with 1,645,615 units or 25.83%, followed by NCB with 1,212,534 units or 19.03% and BNS with 963,835 units or 15.13%.
Stocks with the highest percentage price appreciation were:
% INCREASE LAST SALE ($)
| SALADA | 11.76 | 19.00 |
| GOODYEAR | 7.14 | 7.50 |
| DB&G | 5.94 | 5.35 |
Top percentage price decliners were:
% DECREASE LAST SALE ($)
| CIBONEY | 11.1 | 0.08 |
| CARIB CEMENT | 9.09 | 2.00 |
| SEPROD | 9.09 | 4.00 |
Contributed by Angella Aitken of the Research Department of Alliance Investment Management Limited.
