Trading on the JSE for the week ending January 18, 2002 -
Jamaica Stock Exchange heads south
The three Jamaica Stock Exchange (JSE) indices headed south last week, with the JSE index declining by 139.52 (0.41 per cent) to 33,480.22 points, the All Jamaica Composite by 261.86 (0.82 per cent) to 31,838.34 points and the JSE Select Index by 8.37 (0.84 per cent) to 993.54 points. Blue chips - BNS, Carreras, and NCB were the major contributors.
Twenty-seven stocks traded with decliners topping advancers by 12 to nine, while six traded firm. As a result, market capitalisation declined by approximately $867.92 million to close at over $218.72 billion.
Total volume crossing the floor amounted to 9,631,234 shares, valued at $35,437,883.71. Cable and Wireless dominated the volume category with 4,669,991 shares or 48.48 per cent, followed by Jamaica Broilers with 1,477,829 units or 15.34 per cent and BNS with 761,169 shares or 7.90 per cent.
Stocks with the highest percentage price appreciation were:
% Increase Last Sale ($)
BERGER
17.95
4.60
ISLAND LIFE
7.86
15.10
D B & G
4.40
5.70
Top percentage price decliners were:
% Decrease Last Sale ($)
GOODYEAR
10.00
8.10
NCB
9.40
4.53
MO. FREEPORT
4.76
0.40
Contributed by Angella Aitken of the Research Department of Alliance Investment Management Limited.
