WEEKLY CARICOM STOCK REPORT 1 October to 5 October 2012

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

In a week of light trading, gains for Retail and Distribution, Conglomerate and Banking stocks saw the CSX 30 end the week higher, while the Junior market again returned to negative territory. For the week, 6,429,103 shares valued at $3,341,679 crossed the floors of the six stock exchanges across Caricom, with 20 stocks advancing, 41 declining and 64 remaining unchanged. CW Jamaica was again the volume leader with 1,388,904 shares being traded, Scotia Group Jamaica posted the largest gain for the week (8.66%), while on the losing end, Gleaner fell (14.28%).

For the week, eight of the CSX 30 stocks advanced, fourteen declined and eight were unchanged. The CSX 30 gained 15.72 points to close the week at 1,403.99, up 6.77% year to date. In the CSX 30 there were gains for Scotia Group Jamaica (8.66%), Carreras (7.36%), National Enterprises (3.26%), Ansa Mcal (1.45%) and Republic Bank (1.20%). On the negative side, Gleaner fell (14.28%), CW Jamaica (12.24%), JMMB (11.64%), Desnoe & Geddes (3.13%), Mayberry (2.72%) and Guardian (1.64%).

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