WEEKLY CARICOM STOCK REPORT 10 September to 14 September 2012

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

A rebound in Manufacturing and Retail and Distribution stocks saw the CSX 30 extend its rally into a third week, while the Junior Market also staged a rebound and ended the week higher. For the week, 21,446,499 shares valued at $4,036,901 crossed the floors of the six stock exchanges across Caricom, with 55 stocks advancing, 29 declining and 40 remaining unchanged. Jamaica Broilers was the volume leader with 8,798,789 shares being traded, Pulse Investments posted the largest gain for the week (39.43%), while on the losing end, Jamaica Producers fell (18.72%).

For the week, twenty of the CSX 30 stocks advanced, five declined and five were unchanged. The CSX 30 gained 7.88 points to close the week at 1,394.34, up 6.03% year to date. In the CSX 30 there were gains for Bank of Trade & Industry (21.24%), Lascelles (2.73%), Carreras (2.60%) and Scotia Group Jamaica (1.69%). On the negative side, Guardian Holdings fell (1.67%), JMMB (1.43%) and NCB Jamaica (1.11%).

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