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Market Wrap Newsletter

December 4th, 2008

STOCK MARKET REVIEW


Scotia DBG Stock Market Wrap-up

SCOTIA DBG STOCK MARKET SUMMARY FOR
December 4, 2008

JSE Index
82,940.01
-563.03
-0.67%

All Jamaican Composite Index
74,824.57
-1,043.42
-1.38%

Jamaica Select Index
2,03.62
-35.57
-1.74%

Volume:2,136,868

Value (J$): $15.69M


The market activity saw 17 stocks trading of which only 4 stocks advanced while 11 declined and 2 traded firm. The advancers were led by the Montego Freeport Limited (MFP), which realized a $0.25 gain in its price, thus climbing by 14.71% to close the day at $1.95. This was followed by Scotia DBG investments Limited (SDBG) which increased by 5.00% or $1.00 to end the day at $21.00, while the Goodyear Jamaica Limited (GYR) appreciated by 2.98% to reach $3.11 after adding $0.09 to its previous day’s value. On the down side, Mayberry Investments Limited (MIL) lost 14.83% to close the day at $2.24 after weakening by $0.39. Following closely was Pan Jamaican Investment Trust Company Limited (PJAM) fell by $3.99 (12.47%) to close at $28.01 with the trio being closed off by Caribbean Cement Company Limited (CCC) which fell by $0.50, or 11.11% to close at $4.00.

The overall market volume trades for the day amounted to approximately 2.14 million units with a market capitalization of $15.69 million. Jamaica Broilers Limited (JBG) led the pack of the volume leaders with trades amounting to 764,683 units to account for 35.79% of volumes crossing the trading floor. Mayberry Investments Limited (MIL) trailed with 353,833 units or 16.56% of market volume, with the last spot being held by cable & Wireless (Jamaica) Limited (CWJA) which traded 219,010 units and accounted for 10.25% of the market’s activities.