Trading report

Solid gains on Conglomerate and Financial stocks saw the CSX 30 end the week of August 17 higher, while the misery on the Junior Market continued.

For the week 7,276,872 valued at $2,164,000 crossed the floors of the six stock exchanges across Caricom, with 23 stocks advancing, 43 declining and 58 remaining unchanged.

Jamaica Teas was the volume leader with 2,006,000 shares being traded, Demerara Tobacco Company posted the largest gain for the week (15.07%), while on the losing end, Caribbean Cement fell (12.65%).

For the week, 12 of the CSX 30 stocks advanced, 11 declined and seven were unchanged. The CSX 30 gained 15.75 points to close the week at 1,353.18, up 2.90% year to date. In the CSX 30 there were gains for Lascelles (9.89%), National Enterprises (8.30%), Gleaner (6.02%), CW Jamaica (5.00%), Desnoe & Geddes (4.90%), Guardia Holdings (2.69%) and Neal & Massey (2.15%). On the losing end Carib Cement fell (12.65%) and Scotia Group (1.64%).

The losses on the Junior Market continued with three stocks advancing, seven declining and two unchanged. The CJSX lost 4.33 points to close the week at 1,595.70, down 12.17 per cent for the year. There were gains for Caribbean Producers (6.46%) and Access Financial (5.42%). On the losing end General Accident fell (6.18%), Lasco Distributors (4.09%) and Jamaica Teas (1.31%).

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