Cable & Wireless climbs 25 cents to $1.40 in early trading, with 382,466 units changing hands, but the main market indices slipped while the junior index just inched up in early trading on Tuesday.
Blue Power traded at a new high of $37 with 3,852 units changing hands as investors continue to react positively to an announcement by Jetcon Corporation of a likely dividend and stock split droving the stock up to a new high of $10.05 in trading 139,710 units, tTech rose 50 cents to an all-time high of $6.50 with 150,500 shares changing hands. Investors sharply marked AMG Packaging down $8.50 to $26.50 with 6,358 units as they responded to lower profits for the year to November,
Securities changing hands exceeded that on Monday with 36 traded at 10:50 am, compared to 32 on Monday. A total of 14 securities advanced and 9 declined, resulting in a volume of 2,005,791 shares changing hands, carrying a value of $21,705,565, compared of 12,710,223 shares changing hands, carrying a value of $68,889,688 on Monday. The average number of shares traded, amount to 55,716 units versus 397,194 units on Monday.
The all Jamaica Composite Index fell 246.53 points to 213,393.03, the Jamaica Stock Exchange Market Index lost 220.44 points to 195,185.89, the Jamaica Stock Exchange combined index climbed 185.47 points to 209,401.16 and the junior market index rose 1.84 points to 2,763.30.
Cable & Wireless at $1.40 in early trading
January 17, 2017 by
