Over J$800 million NCB shares traded. Jamaica Teas hits $5.50 – Nov 22, 2011

In Tuesday’s trading session, the overall market activity on the markets resulted in the trading of 22 stocks of which 12 advanced, 5 declined and 5 traded firm.

The Overall Market Volume (excluding blocks) amounted to 29,947,503 units valued at $867,915,785.89, with the following companies representing the volume leaders: –

• National Commercial Bank Jamaica Ltd. with 28,068,300 units, amounting to 93.73% of the market volume (advancing $0.99 / 3.53%)
• Gracekennedy Ltd. with 724,785 units, amounting to 2.42% of the market volume (declining -$2.38 / 3.64%)
• Lasco Financial Services Limited with 508,420 units, amounting to 1.70% of the market volume (advancing $0.08 / 1.82%)

Other Market News

• The Board of Directors of Barita Investments Limited will meet on Thursday, November 24, 2011 to consider the payment of a final dividend to ordinary
  shareholders for the year ended September 30, 2011.
• The Board of Directors of Salada Foods Jamaica Limited will be having a Board Meeting on Wednesday, November 30, 2011 at which the payment of
  dividends to its shareholders will be discussed.
• The Board of Directors of Honey Bun (1982) Limited has declared an interim dividend of $0.07 per stock unit payable on January 6, 2012 to stockholders
  on record as at December 20, 2011. The ex-dividend date is December 16, 2011.
• Jamaican Teas Limited traded at its 52-week high of $5.50.