Business News

JMMB maintains lead position

Nov 19, 2009

Jamaica Money Market Brokers Ltd (JMMB) maintained its position as volume leader as 10,000 shares changed hands for a value of $3,600. Neal & Massy Holdings Limited (NML) and GraceKennedy Ltd (GKC) followed with volumes of 5,100 shares and 5,000 shares with corresponding values of $229,500 and $13,300 in that order, while 3,123 shares of Sagicor Financial Corporation (SFC) were traded for a value of 36,070.65, and Capital & Credit Merchant Bank Lt Preference (CCMBP) recorded a volume of 2,000 shares valued at $280. In total, 28,226 shares crossed the floor with a market value of $382,437.84.

Advances equalled declines as The West Indian Tobacco Company Ltd (WCO) climbed $0.17 to $31.93, and NML fell $1.49 to an even $45.
The Mutual Fund Market recorded activity as 1,378 shares of Praetorian Property Mutual Fund (PPMF) were traded for a value of $4,767.88. Prices, however, remained unchanged at $5.11 for Caribbean Property Fund (CPF), $3.46 for PPMF and $62 for Savinvest India Asia Fund (SIAF).

The Second Tier Market remained inactive with FNCU-Venture Capital Company Ltd (FNCU) and Mora Ven Holdings Limited (MOV) standing firm at $1 and $13.50 respectively. There was no activity on the Bond Market. The Composite Index fell 1.45 points to close at 772.42.
The All T&T Index lost 3.02 points on its way to 1,087.72. The Cross Listed Index stood firm at 56.79.

http://guardian.co.tt/business/business/2009/11/19/jmmb-maintains-lead-position




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