JMMB hits $12 in trading & CCFG is volume leader – Aug 18, 2011

Market Summary:

In Thursday’s trading session, the overall Market activity on the markets resulted in the trading of 30 stocks of which 17 advanced, 9 declined and 4 traded firm.

The Overall Market Volume (excluding blocks) amounted to 5,506,834 units valued at $44,518,821.69, with the following companies representing the volume leaders: –

• Capital & Credit Financial Group Limited with 2,355,574 units, amounting to 42.78% of the market volume
• Barita Investments Limited with 500,000 units, amounting to 9.08% of the market volume
• Jamaica Money Market Brokers Ltd 8.75% with 500,000 units, amounting to 9.08% of the market volume

Market Breakdown

Regular Market

Regular Market activity resulted in the trading of 21 stocks of which 10 advanced, 8 declined and 3 traded firm.
Regular market volume (excluding blocks) amounted to 4,611,615 units valued at $41,272,746.39, with the following companies representing the volume leaders: –

• Capital & Credit Financial Group Limited with 2,355,574 units, amounting to 51.08% of the market volume
• Barita Investments Limited with 500,000 units, amounting to 10.84% of the market volume
• Jamaica Money Market Brokers Ltd 8.75% with 500,000 units, amounting to 10.84% of the market volume

Junior Market

Junior market volume (excluding blocks) amounted to 895,219 units valued at $3,246,075.30

• Caribbean Producers Jamaica Limited with 453,790 units, amounting to 50.69% of the market volume
• Amg Packaging & Paper Company Limited with 326,712 units, amounting to 36.50% of the market volume
• Lasco Distributors Limited with 41,585 units, amounting to 4.65% of the market volume

Other news

• Jamaica Money Market Brokers Limited traded at its 52-week high of $12.00.
• Jamaica Producers Group Limited traded at its 52-week high of $28.00.
• First Caribbean International Bank Jamaica Limited traded at its 52-week low of $9.35.