The following 6 companies (among with others) continue to trade at 52-week highs. If you bought them already, great! If not, then evaluate them properly before proceeding. This is what happened on the Jamaica Stock Exchange Monday November 7, 2011:
- Barita Investments Limited traded at its 52-week high of $4.01.
- Jamaica Money Market Brokers Limited traded at its 52-week high of $12.50.
- National Commercial Bank Jamaica Limited traded at its 52-week high of $34.00.
- Sagicor Life Jamaica Limited traded at its 52-week high of $11.01.
- Lasco Distributors Limited traded at its 52-week high of $15.60.
- Lasco Manufacturing Limited traded at its 52-week high of $15.00.
Do you have any of these companies? Are you thinking about buying any of these?
For the period October 31, 2011 to November 04, 2011 market volume on the Jamaica Stock Exchange amounted to 48,214,666 units valued at $316,263,255.98. There were no block transactions for the period. Continue Reading →
The following are some of the major happenings on the market for Thursday November 3, 2011
Dividend Payments
- Carreras to pay dividend of $1.30
- Proven Investments Will no Longer Consider a Dividend Payment
- The Board of Directors of Jamaica Broilers Group Limited has declared a dividend of $0.06 per share payable on December 2, 2011 to shareholders on
record as at November 15, 2011. The ex-dividend date is November 11, 2011.
- The Board of Directors of General Accident Insurance Company Limited has declared a dividend of $0.03 per share payable on December 15, 2011 to
shareholders on record as at December 1, 2011. The ex-dividend date is November 29, 2011.
52-week highs
- Lasco Distributors Limited traded at its 52-week high of $14.50.
- Lasco Financial Services Limited traded at its 52-week high of $5.40.
- Lasco Manufacturing Limited traded at its 52-week high of $14.50.
Major movements
- Jamaica Money Market Brokers Ltd with 6,446,685 units, amounting to 58.03% of the market volume (Firm)
- National Commercial Bank Jamaica Ltd. with 1,260,234 units, amounting to 11.34% of the market volume (Advance)
- Jamaica Broilers Group with 921,921 units, amounting to 8.30% of the market volume (Advance)
The stock market today Nov 1, 2011 saw more gains as 6 companies (4 Jr market) saw increased gains in their prices. Of significance are the Lasco stocks all registering their all time highs after being listed at $2.50 each. If you purchased the Lasco Distributors stock at $2.50 you would have seen a 476% return on your investment today (461% on Lasco Manufacturing)! Continue Reading →
General Accident Insurance Company Limited (GAICJ) is pleased to announce its intention to list the Junior Market of the Jamaica Stock Exchange. Mayberry Investments Limited (MIL) has been appointed Lead Broker and Selling Agent. GAICJ is one of the fastest … Continue reading →
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