WEEKLY CARICOM STOCK REPORT 18 June to 22 June 2012

Compiled by the Department of Management Studies, UWI Cave Hill – Click image to read in PDF

Caribbean stocks offered investors some slight relief from the losses for the year, as they staged a slight rally with the major indices closing the week higher.  For the week 67,875,289 shares valued at $8,430,562 crossed the floors of the six stock exchanges across Caricom, with 61 stocks advancing,  20 declining and 44 remaining  unchanged.  Cable & Wireless Jamaica was the volume leader with 32,431,616 shares being traded, Banks DIH posted the largest gain for the week (10.86%),  while on the losing end, Ciboney fell 49.90%.

For the week, seventeen of the CSX 30 stocks advanced,  eight declined and five were unchanged.  The CSX 30 gained 1.67 points to close the week at 1,308.38, down 0.50% year to date.    In the CSX 30 there were gains for Banks DIH (10.86%), C&W Jamaica (6.29%), Citizens Bank (5.21%), Caribbean Cement (3.67%), Mayberry (1.45%), Agostini’s (1.20%)  and Carreras (1.03%).  On the losing end Gleaner fell (5.79%), National Enterprises (2.47%), NCB Jamaica (1.92%), JMMB (1.79%) and Scotia Group Jamaica (1.46%).

 

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