Stocks are off to a flying start to the final month of 2016 with the Jamaica Stock Exchange main market all Jamaican Composite Index rising by nearly 1,000 points but the junior market fell. With the exception of Lasco Manufacturing, trading was moderate.
The main trade after more than an hour of the market’s opening was Lasco Manufacturing trading 2,725,7698 shares at $4.55 to be the only stock to have had a meaningful volume traded.
A total of 21 securities traded of which 6 advanced and 9 fell, resulting in a volume of 2,917,036 shares changing hands carrying a value of a $16,055,511 compared with 2,741,520 shares changing hands with a value of $49,745,268 on Wednesday. The average number of shares traded, amount to 138,906 units versus 94,535 units on Wednesday.
At 10:50 am the all Jamaica Composite Index jumped 998.08 points to 196,260.84 the Jamaica Stock Exchange Market Index climbed 892.47 points to 179,554.20, the Jamaica Stock Exchange combined index gained 455.18 points to close at 191,098.21 and the junior market index dipped 36.25 points to end at 2,392.88.
Final month of 2016 starts big for JSE
December 1, 2016 by
