Grace Kennedy hit $115 with a rise of $4 in trading on the Jamaica Stock Exchange in the early morning session on Tuesday with 1,150 shares changing hands, while Pan Jamaican Investment Trust bid is at $27 to buy 526 units with the stock on offer at $30. Honey Bun that trades ex split today has not yet trade with orders to buy still in at $19 and below with the ex split price being $3.80 and the highest price it can trade ta being $4.94 today.
Lasco Distributors had the largest volume traded for the morning of 260,000 units at $7.47 followed by Cable & Wireless with 199,074 shares at $1.38 and Jamaica Money Market Brokers 7.50% preference share with 137,702 units at $2.10.
Trading resulted in activity in 25 securities, accounting for a volume of 939,280 units as 6 stocks gained and 11 declined. The average number of shares traded amounts to 37,571 units compared to an average of 67,133 units on Monday.
After 75 minutes of trading in the early morning session, on Tuesday, the all Jamaica Composite Index fell 331.36 points to 173,785.08, the JSE Market Index lost 296.29 points to 156,436.64, the JSE combined index drifted down by 94.44 points, to 167,121.93 and the junior market index rose 17.59 points to 2,145.73.
Grace trades at $115 on JSE – Tuesday
May 31, 2016 by