Jamaican stock market up modestly Thursday

The main market of the Jamaica Stock Exchange, recovered some lost ground in the indices on Thursday but with declining stocks having the upper hand, on advancing stocks in the overall markets.
At the close the All Jamaica Composite Index added 207.77 points to close at 213,517.98. The JSE Market Index gained 185.79 points to finish at 195,297.61 and the JSE combined index rose 216.38 points to close at 209,490.78.
The market closed with 44 securities changing hands, 14 stocks gained and 19 declined in the overall market, including 6 stocks rising and 7 falling, in the junior market. Jamaica Producers traded at an intraday high of $10.20.
At the close with 14,496,376 units valued at $291,803,792 changed hands, compared to 6,870,141 units valued at $43,857,890 changing hands on Wednesday. Of the stocks traded, the junior market accounted for 4,583,153 units, changing hands, valued at $26,375,749.
The average trade for the day in the main market ended at 367,156 shares compared to an average of 217,586 units traded on Wednesday. An average of 428,302 units traded for the month to date, versus 528,824 units on the previous trading day, compared with an average of 549,379 units, December ended with.
IC bid-offer Indicator| At the end of trading in the main and junior markets, the Investor’s Choice bid-offer indicator reading shows 15 stocks with bids higher than their last selling prices and 3 with lower offers.